Oldest Photographer In The World?
THE CHINA MAIL, THURSDAY, APRIL 22, 1954.
aged
Thought to be the oldest working photographer in the world. Mr Tom Watson.
of the Institute of Di, u .ythe, hear Whitby. Yorkshire, was a delegate at the congress British holographers In Scarborough Yorkshire, where he is shown jaking a photographi Though science has ambited photographers greatly in the Just of some of the other delegates
25 years, Mr Watson silil uses to artifelal lighting whatsoever either in his studio or in his dark roon. Printing and enlarging are done by daylight obtained through a hole in the dark- room wall. Many of Mr Watson's pictures have been exhibited in Britain and on the Con-
ken.Deuterphoto.
Japan's Geisha Girls
Are Becoming Swamped In Red Tape
Osaka, Japan, Apr. 21.
Japan's leading Ceisha teacher, Yuzaburo Sakaguchi, is trying to restore the Geisha to her pre-war glory.
Sitting on the polished oaken floor of his Yamato-ya Geisha school in Osaka, Sakaguchi said that Geishas today have become part of a vast bureaucratic system. Twelve government forms have to be filled up before a Geisha can accept a customer, he explained unhappily, and what is more, the morals of today's Geishas are distinctly less rigid than they used to be.
As Sakaguchi talked, twenty young girls dressed in colourful traditional Geisha kimonos were practising the intricate motions of a
dance
Looking Stoomily.
how
212241
them at
+
cather, anul
Jakay untrained or "rulher takes
Ave
Near's
to
41
intro kt." tur tras Geisha
and all the schools Kiri
during
the wa were closed The Yamatory, one of the twu schools left In Japan, opened
wiltaks
{{%=
and, Japanese business cies and
pitied negotiatinR go on m Grisha Fertises. The Gebha house is the Japanese equivalent of the American "smoke-lled back room."
with they every adeligently pusong
Can they will ng aud instructions, Sakaguchi sad trut||
Crashes thu
fashion, Taħtional ance * Geishas
The ate today we Japan
11 elaborate and dental costumes
as they did 200 years ago.
that before Sakaguchi sani the war schools started training Geishas at the age of low Now, under
Allied-spored laws, they cannot start f
raining until thes are 18, winch mennt| he had to reganie has sistem
But he expects the who will appene in Laur years will be as god
three years ago.
"En two or three years there will be some very kuud Cietahes," he declared, "but pow shrugged his shoulders
s
Genuine Geishas are Alunec companions and entertuintis al Jupanese-skyle PUS- expensive laurani" They help to MPIVO The numerous dudes, pour sake
Overwhelming Case For
More Jap Trade
of
Canberra, Apr. 21. The Assotinted Chambers Commerce of Australia said to day in their official Journal that there was an overwhelming case for allowing more Japanese im- poris in Australia,
textbooks
new Geishas
412
new mater
Up
121
Freign traders are often taken to Geisha hearses, and the girl are learning English. In simme Casts, English phases show Today incongruously traditional-style Geisha song-
Sakogictu
that the Geishn Karls ཏྭཱ ཎྜ1 ཝཱཎ- morals of deemed greatly since the war.
believes that Dut training
will soon restore their damaged marras
A greater problem, according to restaurant Downers, is the
Health And Height complex Intour law which covers
ap-
Geisha
girls and which classifies them as "day Introurers," to- The girls
usually li
gether with
professionals Buch prented to the school by Beir
are picked doctors and nurses. families. Applicants
Geisha for health,
grand
appearance, height fast less than five feet) background. and good family They are under euntract to the school and cannot leave without permission.
After their classes every day,
are booked with which
through a bureau they register and which has la Government departments for one
submit twelve forms to various
night's work. Many of the forms have Lo be done 111 quadruplicate.
the girl Work as waitresses in Ten Commandments'
plishments."
TRADE and COMMERCE SECTION
Slow Start For Commonwealth Finance Company
Suitable applications for use of the Common- wealth Development Finance Company's facilities "have not yet come forward in the volume which might have been anticipated,” said the Chairman, Sir Frederick Godber, in his first annual report.
The Company was set up by a number of prominent British business houses following the Commonwealth Prime Ministers economic con- ference of December, 1952.
Luke
S
Its main object is "to provide or procure financial facilities of all kinds for the development of the natural and other resources of any part of the Commonwealth.” The Company will not itself handled through normal market
direct port In such channels. development work. Init will!
The Company is
#till cun- help to flounce approved pro- sidering "at least three" others. jects
Pres whith the Com- when private enterprise
eblain capital pany has nable
10 to
alrendy agreed 10 from other sources
invest are the Sui Gas Trans- mission Company. of West Pakistan, the Electricity Supply Cunamission
South Afries, ગ and the South African Industrial Cellulose Corporation.
Sir Frederick Godbee attri-
butes the shortage of suitable applicants to three factors
1. Il Laken time 1.T the Tunctions of n new or- like the Com- known
Kotisatum
to become billy and understood by potential borrowers.
TOTAL OF 25M.
When completed these invest-
total should
mente
Sake Barrels Instead Of Ships
Kobe, Japan, Apr. 21. A shipbuilding yard near Kobe 10 bullding sako (wine) barrels instead of ships.
The current political storm over allegations that politicians have received bribes from shipbuilding company executives has forced many companies to hall their programmes and take up some other activity until things rotura to 11027AI.
Those rarda till building ships will also be forced to take op some other project if the present police and Parliamentary investigations are not concluded by June.
The investigations preventing shipbuild- ing companies from map- ping out their 1954-55
programmea.
HONGKONG STOCK EXCHANGE
Butler's "Investment
Allowance" Plan
Will Help The Colonies
From Our Own Correspondent
London, Apr. 21.
British mining concerns operating in the Colonies will benefit by the new "investment allowance" scheme, proposed by the Chancellor of the Exchequer, Mr R. A. Butler, in his recent Budget speech,
This scheme is primarily designed to increase the incentive to install up-to-date and more efficient plant and machinery and thus promote greater industrial output in Britain at a time when world- wide competition is becoming keener.
Under
the existing "initial allowances" system, a British mining company, whether it is in the operating at home or Colonies, is able to claim 40 per cent of the initial cost of new Investment
1923 allowance taxation during the agus!
in which the capitul year
expenditure is incurred
Mar Chancellor
1lis
راني
(From Our Correspondent)
about
But. Busines on
Ex- the Stuck
pomied morning amounted merely anticipates change this to $280.907.50. Noon quotations the annual allowances for and the morning's dealings. --
SHAREA BUYERR SELLERS SALES
BANKS
+4
tax
wear
HK Bank
Է
East Asi
170
£5,000,000.
"Preliminary and exploratory" work of the Company during
орнегаци pro-the first year of its
of have included an exchange Visits and ideas with the
ternational Bank, and discuss1/2 with
10 22
2 Sound developinent
already jects are large extent being financed Through other channels.
serious
the British Government, 3 There are many Cases of
Dominion High Commissioners, good development ideas the Bank of England, Central which fail to emerge us Banks in the Dominions and the and considered Colonial Development Corpora- projects, and this may br tion. dard to the sponsor
has also been in contact having access to the right with other banking und Snancial technical anci consultant | Interests concerned
various advice the preparation aspects of development Anne- of his plons.
ing and also with representam tives of Americun and Swis MANY APPLICATIONSG
investors.
The
Dut
I
Mr The managing director, (JG, Beevor, plans to visit Д Commonwealth
"giving !+ Company some thought" to the Jatter ponsibility **** collaboration number with the International Bauk, the Federation of British 105- dustries, and others."
Bul i tho right kind of applications have failed materialise in the expected number, there hus been shortage of applications fail to qualify.
A0
thut
Sir Frederick says the Com- pany has received a number of applications, "the large majority being unsuitable to detailed
consideration."
Of the rest, two or three were of some importance, but
"for various reasons'', did not result
the
terms. agreement One was not pursued by the Company because it was thought from the outset that it could be
On
گرانی
countries in t coming year and also to pay another call on the International Bank In Wash- ingion.
Talks Begin On Renewal Of EPU
Paris, Apr. 21. British Treasury representa
discussing tives today began with GermUB financial experts conditions for renewing the European Payments Union and a settlement of Britain's heavy deficit.
Singapore Rubber debitat, onc
Market
of the biggest
A
in the Union-Europe's financial clearing house, has
ested
proposals for settlement of her $551,- 000,000 (£190,000,000). But the Union's
's creditors, principally Singapore, Apa 21.
West Germany, The market opened quietly must decide wherther the pro- steady but firm during the day pasala are acceptable. on good buying for all grades The Treasury experts are with sellers reserved.
preparing the ground for a full- Future closings were: No rubber per lb. May
June July
No 2 rubber per 1. May No 3 No 4 Spot rubber anbaled Blanket crepe No, I pale crepe
INSURANCES
systeen nf parl
anch tear, so that liability is less in the year in takes place, which investmoni but may be larger inter ou.
It was A step
the right direction, he suíd, but a limited one since
effect Is 250 551⁄2 essentially that of an interest-
Don
DAI
Levubaru
DORS. EN
*ነ
17.00 100 17:00
12:00
K Wher Bock Provideal Old, whorer hk
7 TU 74
LAND ET
HK Hotel JIK Lani
ris
0.00
TAJI 01 34****
502 * 030 1035
33 33
Healty
2
2.00
UTILITIES
Mram
3 0 27 8D
130
Star Ferry
Light 101
120
10 10,24
13 13.30 30%
31
Light (N) Electric
Teleplusie 37 0026.20
INDUSTRIALS
Coment
STORES, ETC
#888 288 *88*88
ון
W18
free loan. As the cash resources of compantes
increased Incentive became IC
portant.
this Im-
The new investment allowance would do more, said Mr Butler.
I would give R
Lax
free
NEW YORK
STOCK
MARKET
New York. Apr. 21. Prices on the New York Stock Exchange receded fractionally today in moder- ately active dealings.
Al departments joined in the modes retreat Indusu-tals (shares and rails led the decline. Market news continued on the favourable side. The large num- ber of highly favourable camming reports gave the market a firm undertone. Steel shares at one time today had a flurry of buy- US Steel in particular was g
nolive.
Demand for "big steel" in-
Allowance equal to a part of creased as the time approached the cost of investment in assets which qualined for it in addi- tion to the full annual deprecia- 00tion allowances.
10.30
GARN
*911 58 (959663
Thus, the initial allowances gave some extra help in the year in which the investment was undertaken, but at a cost of smaller allowances for that in later years. In investment
Investment contrast, the allowance
would dive similar help in the first year, but with по reduction in subsequent
allowances,
new
os the initial allowance of
The new all-round
17 30 7 CU
cent Investment
not immediately
20 allowance 80 favourable
рет 1s
2.00
7337
Dairy XJ 25 30 500 500 25.40 100 25.40 Watson
17.90 Crawford 25.70 20 20 Sincerer COPTONS
Textiles
40
per cent which
mining com-
200 K
2.203
panies can now clalm investments.
But Mr said that since
1000
1600 7
7.30
3000
1.30
MISCELLANEOUS
Yarglaze
8.30
143 100 Yaumati... 101 Allied Inv 3.02% 4
and above allowances up
to
the cost of the works, it would practically always be better in the long run.
for the company's quarterly report. Directors will issue that report next Tuesduy and on- nounce the quarterly dividend. End of the excess profits tax is steel com¬ expected to bolster panies earnings.
The market opened mixed. It developed some strength around mid-scrsion. Late in the session, into however,
the market ran some opposition and the carly gains were more than wiped out. US Steel topped the market in volume with
shures $3,900 changing hands. The stock closed with loss of to $441⁄2.
Aircraft manufacturing IssuCA spurted
rharply today.
Douging closed with a gain of 4% to $116 Boeing Alreroft moved up 11⁄2 points to $78. un new
Elsewhere Hudson Oil war a Butler
In
011 # mixed the investment bright spot
group. 1.30 allowance would be given over
Of the 1,371 issues traded to- closed lower. 431 day, 447
held And 293 Anished higher unchanged.
Sales totalled 1,870,000 shares, compared with 1,860,000 yester- day.
The NY Stock Exchange bond volume was $2,800,000, and the American Stock Exchange volume was 540,000 shures.
Dow Jones closing averages
14
US Agriculture Experts
scale debate on the future of Το
0124-01T
the Union by the Council of 017-64 001-001 Ministers of the Organisation 60-304 for European Economic Co-oper
016-6045ation (ÖEEC). The Ministers
Visit HK
Singapore, Apr. 21.
A team of American ex-
However. he proposed to allow any mining undertaking the new to choose between Investment allowance and initial
the 40
allowances
per cent rate.
ni
If a mining company chooses were: the investment allowance sys-30 Industrinin tem, it will be permitted to
ada 20 per cent of the cost of the new Investment to the ordinary provision for
wear
and tear as an allowance against taxation in that year.
In the second year, however, the investment allowance
will
611-414 meet here on May 5 to renew 57-571 the Union for a year after June perts on agricultural pro- not be deducted when com. 8412-0015
duction and marketing are puting the
30.
CHICAGO GRAIN PRICES
United Press. NEW YORK MARKET Britain has proposed making the elaborate Yamato-ya res-
New York, Apr. 21. a lump payment of $30,000,000 Itaurant to which the school is i
Sakaguchi concludes his text- Rubber futures today
closed and paying off the rest of her For this, they are attached.
10 points lower to 20 points dobi over a number of ycars £3 book with "Ten Commandments paid 3,000 yen (about
Geisha Girl."
higher with sales of 108 They are!
con-under bllateral agreements with sterling) a month, their board, to
her creditors, tracts. tood and clothing being supplied 1. Get up by 9 a.m., clean your
May Profit-taking upset the
In return, Britain wants the by the restaurant,
room, pay your respects to God or Buddha, then have breakfast delivery while the late months creditor countries, particularly After the has passed her final Clean your teeth so that you
contributed to meet goed sup- Germany, to stop their surpluses It said, "Although Australia examination, The prospective make a good Impression on the porta from brokers with Wall becoming a strain on the Union might be suspielous of Japanese Geisha faces the Commission of customer when you smile.
Street connections.
in future.---Reu!cr. good faith in international affairs Examination for Geisha, which, 2. Practise your accomplish. The spot market developed it should not mean that Aus-if she is found suitable, presents ments daily.
the best activity for some time.. tralia is not willing to trade with her with a "Diploma of Accom- 3. Make an appointment with dealers said. Some estimated Japan.
She then starts your hairdresser. Take your the business around 600 to 700 "The arguments by Australian work at her old restauraat as a bath before 3 p.m. so that you tons. Large and smell factories Intiustries, that increased Im-full-dodged Grisha.
can entertain a customer at any from Ohle were identified among
Chicago, Apr. 21. ports from Japan mean unfair
She begins at a salary of 20,000 time.
the buyers. Reported sales in-
Prices per bushel In cents: can best be met competition,
(about £20 sterling)
cluded 4. When you have a call from
one sheets, May de-
Cloring Prices through a tariff protection policy month, plus tips from customers.n customer decide quickly livery,
at 22 cents; two sheets Wheat, No. 2, red but not by virtual embargo
nt 21% cents for August de Spot through quantitative import con- ood Geisha will get up to whether you want to go or not.
100,000 yen
£100 Do not wase another's
livery; Ave sheets for June de- May 2103 (1) 215 (
July Behave yourself out of doors.livery 2014 cents and dat bark Sept. sterling) in tips a month.
Geishas say that most of this You never know ..who for July delivery at 103% conts, Dee.
all landed basis. goes on clothes, which they watching.
themselves.
The rc-
Entertain
Future closings were: mainder is saved for their old with oque consideour customers Geishas retire at you know them or hot. Strangers between 35 and 40. They then of today will, be your customers use their savings to set them of tomorrow.
4. selves up in a small business,
May Do not forget to take your sičcessary equip- usually a restaurant or fedshop.fan or other
ment. Morals Decline London, Apr. 20.
7. Do not be free to leave The 112 members of the LoD-
your customer's room, allbough School Bymphony <Both
ot- The top Japanese Geisha at you have friend chestra left London via Har-present is Takehara Hin, who room.
trols.
The polley of continuing to long impose import controls
for there had after the noed passed was wrong and morally
ded."United Press.
Orchestra's Tour
yen
o.co.
Most
(about
turne.
May
July
September
23.08
213
210-215 200 ZID
213-
Corn, No. 2, yellow
Spot
210
1001
May
22.10-10
Jaty
28.00
Bepit.
16375-153 18344 1804
12.30
Dec.
2441
December
Marel (1985)
21.12. ..... 23.10
Hoy beans, No: 2 yellow
Spot
May
--United Press, LONDON MARKET
July
The
In another
No. 1 R POL Settlement house termi Kay June
1034-107%
London, Apr. 21. rubber market quietly steady with No. 1 Tur New York Hours, 200' Ibu, apot quoted at 18 5/10 price per 1b. Pricer.
Sept.
Nov.
2011-152 70-TO
was tiny, spat
BACK
Exchange
Rates
wich today for Rotterdam to works in Tokyo, She is not 9. Do not ask your customer "give aix concerts in the Nether-attached to any parlapuler reato your own house.
money. 9. Look after your children and taurant and probably eerus DN Larkle, three for three for adulta,
much 09 A top industrial Do not waste it, but spand
July/Sept, The tour sikis on April 28 exocutive-the clad from which nerously when neceway. Del/Dec. with aala performance at she gets most of Bur home.
good Geisha giti | M/Mar. 12. To bo a Rotterdam's Rivioral. ·
Gothes who rank with dogs not mean necessarily that They, are travelling as guests | Mount Fuji ds the nation's main you are good-looking, skiiful, or of the Dutch Amoolation, OF COURSE, etirWctions, has indwaya inake much money. Know what World Fond China Mail played & significant role in duty and humility are illán, Special.
Japanese life. ·Many" big Mali Special
General marketa, tif biol
April
Juba **
*$14.30m -United Press,
wear
and tear
to visit Malaya, Hongkong allowance on the written-down { and other parts of the Far value of the asset,
Thus, East to explore the possibi-
the total depreciation set against the lities of increased exporta allowances of farm products to this add up to 120 per cent of the tax Hability will
area, a spokesman of the cost of the investment instead US Consul General said of the present 100 per cent.
yesterday.
company's
an-
The Chancellor also
a measure to help The purpose of the trip would nounced
British Arms to offer long-term be to study the possibilities of credit to Commonwealth Im expanding the US agricultural porters of capital goods. trade with foreign countries
This will be done by enabling as envinged
President by
the Export Credit Guaranico Eisenhower in his
farm pru Department to give full cover gramme recommendations to
to a bank up to u-maximum of Congress.
85 per cent of the value of the
The President's proposal call- transac
ed for a series of trade missions. one to Europe, one to Latin America and one to Asia. -
The group for Malaya and the Far East will be headed by Mr Homer I. Brickley who is executive Vice President of the
tho
E.C.G.D.'s facilities were only granted to the exporter, and this expoerd the banks to certain risks and thus reduced their willingness
to provide credit.
National Council of Farm Co New York Cotton
operatives in Washington and j United States- representative to several international conferences on agriculture.
The Far East is the second Erincipp) market for United Blates form products In-vibe totalling nearly one billion US dollars or nearly 1% of the Ametleaf farin exports.
Mir, Brickles will see if his
Market
Now York, Apr. 21.
20 rails 10 utilities
65 stocks
10 honda
Cumm. future price index
310.0Ï
101.27
50.03
$10.80
100.91
170.50
United Press.
New York Sugar
Market
New York, Apr. 21. World No. 4 sugar futurea today closed 2 points higher to point lower with males of 08
contracts.
Domestic No. 4 sugar futures higher with sales closed unchanged to one point at 113 con- tracts.
Trade interests were reported on both sides of the market in both contracts.
Row prices held unchanged. Japan was the accredited buyer on Tuesday of 7,000 tons at Cubans, May shipment, al 336 centa a pound, fob, denlers re- ported,
Future closings Contract No. 4 (world)
MAY
July
Sept.
Ocl.
Jan.
Mar..
Miny
July
Spul-(cente per 3b. fot
Cuba)
3.38
Contract No. §
May
July Sept.
0,700
Nov,
D.790 6.700
Mar
Brot-cents per ib. elt NY"
ex-duty)
6.70
United Press,
The cotton market maintained London
of overtone
`loadinėsi an throughout the session today.
Trading volumes and open Interests were:
Moti
· Bushum was done tri, the local group can stimulate export to July
kets this the fed- he I viung, THE EL
group left the US on April 11, 972
and will visit je Malay the "Fy 53% pruether.
end
Hongkon
**** before dying on ta Japan for
talks in Tokyo UnitedPress.
Volume Open Interest
231800
II
Foreign Exchange
New York
Londam
Inhageni
1,918,200 timław, Zurich