This helicoples-the Bristol Sycamore- has been ordered by arms of the Hellish Delence Farers for important work in the nation's news nelenec strategy (nee below).
Latest Round-Up of Aviation News From Britain
A BIG
FOR
ROLE HELICOPTERS
IN ANY FUTURE WAR
This week's round-up plupsipts some of lite wars the British services have ju miltid for More than 200 copters have been helicopiers al all shapes and sizes in any future war.
Read how they ordered from the British aviation industry by various service departments.
the Army
wlcried considering giving its will help the Navy buni submarines and how
Another Hern in this week's round-up--a weekly China Mail feature.... velticles "wings" tells of a new development in British gilders.
More than two hundred ¦ vehicles, which has become helicopters have been order
ed from the British Aircraft
Industry fur
The British
Services.
THE CHINA MAIL, TUESDAY, JUNE 8, 1954,
al spatial 48
hy # new provided stump Issue in celebration of The 25th
of that amdversary
2,
tus year the Jubilee Issue was mante comprising 13 new designs, seven for surface for ammuil, in- mah and six efuding between them eight dif- rerel demoninations
the special
De grounjasmantent of the modern
with artny
120 very vulnerable to atome attack.
the As a result,
Army hus made a study of the extent to which "wheeled vehicles can he Our Hundred of these one of
The Atto carried by an ** 074 stal Ingle-engined.
intention, as a result, ka to in- and will
mainly for be used
Froduce helicopters 10 the rescue starf
maximuri extent, because it is work, about one hundred more
felt that these flying jeeps" and th puffin. WHI he Barker
twin-engined.
*15 ewly will be invaluable to while la marhues. among other duties will be used the modern army when atomir
weapons are used.
נן 14
for anti-submarine work There
is alver an offer Janitori
of large strogle-engine repe
1 for tal duties with B1
th Hovel
Boynt Al: Force NAVY
A present, the Royal Air 15 Operating about 20
Fur
ut bebejders, and more are
in service with the Royal Navy wark the $inish Army.
A further Ally small helicop
Wayland Dragonles atl Bristol Sycamores wil be des
Dvered
months.
e next
Twelve
there is the
For the future. Large Westland Whirlwind and. somewhat further off, the twin- engined Bristol (73,
ره شده در
Expenditure Up
These
increased
Service orders for helicopiers reflect o rapidly growing interest
wing development. Government expenditure on helleopter researcli und develop- ment, which was non-existent in 1945-0, and was £1% million In 1953-4, 1s being doubled in 1054-5.
The money
is being used to
expand development generally,
|
of Landy--
TRADE and COMMERCE SECTION
Brighter Outlook He Wants Cure
For US Textile Industry
New York, June 7.
The outlook for US cotton exporters and for the textile industry generally appeared brighter this week than for almost a year,
With world demand for cotton on the rise--- attributed principally to a gradual but firm Asian and European markets— recovery in American cotton exporters are now looking for- ward to increased sales abroad to offset a drop in domestic use.
At the same time, the cotton cloth industry in recent weeks hus enjoyed a small-scale hoon in buying, which it has not seen for almost a year.
this
l the
Amerkenn Colton **X-, about
0,800,000 pounds porters are now hoping they American cotton at the end of season. Colton reserves might be able to export almost 3.7 million balesewhere in the free world are
To be <xpreted
towest during the current season | level since 1940-about 8,200,000
US ending July 31. Buying de bales,
That Intest mam set in early this year and has been maintaineil to such an extent that ex
looking ahead i porters are
in ptimistically. This is sharp contrast to the gloomy outlook prevailing last year when many were sceptical about export sales of about 3 million bales.
to
US cation
about
For Sleep-walking
Mohiteal, June 1. Dlótiné Clithert. 21, nursed face and hand cute and looked for # kleep. walking edre toda
Police said he got out of hed at 4 d.M. Ješerday, stepped out of his second- alorés beardoni Hươn and landed on a shed roof.
Then he walked off the shed.
A neighbour awakened him as he tried to climb a backyard tence. United Press,
HONGKONG
STOCK EXCHANGE
(From Our Correspondent)
observers
Business expect
On the Hongkong surplus stockt Stock Exchange this morning will be available in exporting amounted to $109.210. Noon countries other than from the quartalton's and the morning's United States.
stealings:- Confirmation of the optimistic SHARKS BUYERS SELLERS
cution and textiles BAFIES came troni two highly 113- Buential sources this week.
treat
The director of foreign trade for the National Cotton Council, | Mr Road P. Dunn, recently
NK Bank
1434
INSURANCES
Union
DOCKS, ETC
K Wharf
Papvidrat
102)
Stud Dock Wheelock
130
SALES
0.10
53 II والله من الالوم
Italy's Big Trade
Drive In
The Commonwealth
London, June 7.
Italy took a bigger slice out of the British Commonwealth's markets in 1958 than she did in the previous year. Furthermore, the Italians are going "all out" to capture even heavier orders (ut the expense of the United Kingdom) in Australia and New Zealand, in Canada, and in South Africa, during the current year.
The textile tycoons from Milan, in particular, are driving into Britain's overseas markets with a very definite objective. Their purpose is to make every effort to weaken that traditional slogan “Buy British It's the Best."
To take che example, look how the tains have been ex-
pantling their exports to South NEW YORK
Airk.
10
Rayon pive goods went from 976 ions in 1952 2.425 tons last year. Wool cloth rose from 424 tons to 1,236 tom. There was
-big jump in cotton yur! (from 324 tona to 1.201 PANTA,
tons). Woollen yarn expurts in- creased by 707 tons. Cotton pl.ce goods went up 50 per cent 1 603 tonA.
It shoul
Rive the British businessman caure for rrier* zan, espreatly if his breed and butter
A
STOCK MARKET
New York, June 7.
Trading on the New York Stock
Exchange today
takte Unite!! Kungdom's slowed to મ trickle and textile intustries, for it was prices moved only A few principally these big roses cents either way in all but in 1 xtle business that boosted Italy's exports
to South Africa few issues. by £2,000,000 art brought the Turnover of 1,520,000 shares La figure to £9,000,000 in was the strallest since Inst 1953.
February 25, and compared with £81,720,000 shares on Friday.
Sumably
thal
WAH
business
worth of United
Kingdom porters sought but did not get able market
Bayon xtiles were also the Senate Finance fastest-elling laban goods in approval
Traders were cautious despite ex- substantial backlog of favour- news, including Commliteo
02:
1 70
12
105 1000 vi
124
#B3
73,400
00
LAND, ETC",
IK Hotel HK Land
10 5000
341
{ ន
Shot Lond Humphreys
1:30
In
UTEJITES
Tren
25,30 23 60 100 25 3Nt
120 Star Ferry Clunt (0) 149 1480 10011.
Light (N) (1) 14 80 500 11.607 Eketrie 29,30 29 20020 G
29 30 3 Telephone INDUSTRIALS
C'ement
17.76 8 10 Bope
10.30 STONES, ETC
ty
this Bish of the Dominions use
BO
to
mosa
cent.
to
12845,000,
400 174D
IN CANADA
Dairy
nf
Watson
23.402370 17 to 5.95
100 17
3,600 09 314
The high level of Europeun textile activity and the reduced availability of stocks indicated that the total demand for cotton in Europe next year will ilmusiderably higher than this 20, he said. Cotton stocks in Europe. he reporteil, are "much lower tun is considered desir able" with mills buying for im- mediate stupment only.
גון
Yongle Allied
of the. proposed
the Dominion of New Zealand relaxation of double taxation on last year
youn in which dividend income. Indy's exports
italian exporters also had
Uncertainty over the outcome
of this proposal upset the market on Friday,
A few issues moved widely. Philips Petroleum dropped 21⁄2 apolis to $0414 on o Supreme
successful time at Britain's ex-Court decision placing natural
Die in Caneda last year.
They are planning to do even better th your
gas
regulation
ation under the Federal Power Commission.
In the
OILS DOWN
From August 1953 tu May, urned from a tour of Europe 1954.
exports ¦ where ; found a growing mar 3,147,000 ket for American cotton exports, aunted
boles bales.
or about 485,000 more than the amount exported | in the corresponding period in 1952-58.
place US cotton Estimates consumption this year at about
bales below 100.000
the 1963 level. or about 8.750.000 bules, But this drop is expected 10 anticipated OT: 1
demered from phe kempin Auber count 1.
cotton Such
ile reported considerable (nik exporters in Mexico, Brazil and Pakistan have disposed of most in European rotton circles
of their Asks, it
ted favour of a custonis unton is reported.
have Weatern Europe for World prices meanwhile
textiles This would provide a firmed su Mud US prices.
coinmun twow more compile
competitive: in some market which would allow
lyrel spot prices
are specialisation
production ohrnuj) showe even higher than The g-poly
officiency, Those
costs and
balloon in which
marke's Mix
higher consumption, he said. eeetop.r.ble grid.n.
The President Graham, the first Englishwomen Beanwhile the principal col.
of the Asso- to make an ascent by night, rose
ton consuming and exporting
ciation of Colton Textile from Vauxhall on July 24, 1850. nations gathered for the start Merchants of New York. Mr W.
niemati shows a on Saturday of the The 2-pull
Interna Ray Bell,
werk rupo tad this DB Dragon over Lundy, and
tional Cotton Advisory Com-that the recession phase of the A new Belush satplane 19 the 3-putti atroll icture mitter conference in San Paulo, textile industry has just about
Steel shares firmed as the being entered 171 the world the cornet.
Mazal.
In its COURSE,
Italy's exports to Australia in
rate this operating gliding championships. thue to
1993 to £5,800,000. He reported in the organisa-
But dustry tion's annual market survey
It marked the beginning of taugh his was an incrcese of week was estimated at the best
level since late in February that "evidence is
The third week of growing that
busily £130,000 on the previous slack
Bethlehem rose TA to $BA price cutting has been abandon-
year, was again the Italian US Steet to $47%. ed as a typical industry polley
text industry which provided of 1,309 Issues traded, 503 in favour of production drup
After swaying within a seven-he b.RR.st competition for of
600 million
point range, the market closed about
square yards of cotton goods in
unchanged to 0 points higher. the Arst half of 1954 compared with
Opening prices were up 3 to off 1953 which is Indicative of n 2 points. New Orleans closed 2 strengthened supply
situation points higher. and potential early improvement In textile values.
*
the take place in Britain In July- Iandy is situated in August. This is an Olympia 4. mouth of the Bristol Channel. built by Elbotts of Newbury, und forms part of the Hundred
and features an entirely twof Braunton in the County of
Jet Fly-Past On Queen's Birthday
Thr
London, June 7,
Air Royal
Force will hongue The Cueeu*N Birthday
on June 10 with
a ceremonial fly-past by 27 Jet fighters from squadrons of the Royal Auxiliary Alr Force
The aircraft will fly over Buckingham
Palace
1
at
p.m., and the Queen will
be on the balcony to re- ceive this Royal Air Force salute. The
aircraft will be Vampires and Meteors.
bui particularly of the turbine- powered helicopter. Two com-wing
ponies-Fairey
It
is constructed on a
Devin.
The earliest known record of its louis dates from 1199, when King John removed Landy from nľ William de the possession Mortaro who was in rebellion against him, and gave to the Kinghts Templars. It was later restored, William having "given the King surety of his faithful servier."
Laundy , at present, owned by Mr Martin Cloes Harman, A facilitates access small reli
f the island, which is one of the Jendiang British bird observatories.
The principal native bird is the puffin, from which the stand takes its name, Lunde being the Telantie for puffin, and menning Istond.
A
Y
Following upon the announce-
and Percival-new and silll-secret principlement, inde in December, 1953. are building prototype turbine but using wood not plastic. powered helicopters.
The Industry is also expand-
Trainer.
US
EXPECTED SURPLUS One of the problems which is expected to be debated in- formally at least, is the ques Lion of an expected surplus of
US Complaint
Against
HK Gloves
and lower
CREDIT BUYING UP
Elsewhere in the economy: 1. The Journal of Commerce predicted in a survey that US Imports of Christmas New York, June 7.
season ot good The American Knit Hand-items would hold
Jevels this year. Judging by wear Association has asked
orders experienced
by various the U.S. Tariff Commission Americaa buyers, the tradin
The Association
would run
New York Cotton
Market
New York, June 7. Colton futures truding torlay went through another slow and uneventful session.
ness.
Trading volumes
and open interests in the Exchange today
Volume 22,900
Open Interest
were:
Menth July
$19,00
ether December March Max July October Total
GU.CON
262,000
ค
11.600
$43,000
4,400
250,000
187.000
2,700
03,700
2,004)
21,300
50,000
-United Press.
Spot
Tiny bookni £4,500,000 worth of Canadian business in 1953, a £1,200,000 compared with the previous year.
Their biggest gas wore in texties in als market, ten. Woollen cloth the largest single selling
The
Cardians bought £390,000 worth £115,000 merr
W28
rm.
han they dla in 1952.
Britain.
MOST IMPORTANT
same group. Texan Pacifle Land Trust fell 3 10 $1382, Amerada 14 $188, Standard Ol of Ohio 19% and Cities Service 1% to $105.
Among the leaders, Americau Telephone, up point to $108%. and Du Pent. % higher at $120 featured.
were lower,
354 higher, 312 unchanged. There were 58 new They secured big orders from highs set, five new lows.
The New York Stock Ex- "Down Unser for rayon ploce change bond volume WIN Rods (up 132 tons to 404 buns, 52,532,000, worth over £1,235,0001. Rayon yarn exporis jumped from 145 tous to 515 ton; and cotion plove goods continued to And Denty of buyers In Australs (last your's shipments totalled 442 tons).
In the textile trades morg other trades, Bri- than in eny tain's export maricels d:termine
1,668,700 bales whether she prospers or whether
Britain doesn't,
cannot alford to see the Itallaris build
NEW YORK PRICES
h
up their trade in Commonwealth outlets at the expense of British industries.
CHICAGO GRAIN PRICES
to investigate the "injury newspaper expected that Christ.
New York, June 7. being done to it" by low-cost inus reason buying
Prices of cotton futures closed woollen handwear imports at least a high as, if not higher
than in 1953.
Loday in US cents per lb. as fol- from the Far East, it Was
lows:- With inventorles in many in- disclosed today.
stances reduced, the next few
July asked months should 1109
SCC a rise in Det the Commission to recommend order-placing, the Journal said, Dec. an import quota and increased Some buyers Bre Impressed Mar May tariff rates
COM- to equalise
with the reasonable prices being | July petition.
some Western quoted the Association According to
European countries general. there has been a 60 per cently deve merchandise.
2. Consumer credit drop in sales for 1954 and em-
buying ployment in the Industry has rose in April for the first ume New York Rubber off 1% cents; dropped from 85 to 95 per cent this year, in Ave major producing areas Board ran Federal Reservė
crease
Dun!
for
While the in-
Oct.
of the British Overseas Airways Corporation's initial order for The wing depends entirely on five Comet 3's (four Rolls-Royce Str Mlics laminar flow for its performance Avon engines).
that is, it is designed so that Thumes, Chairman of B.O.A.C.. ing its own helicopter research the layer of Bir close to the signed the order on February Î facilities. Saunders-Roe, for
continues of thin your. surface of the wing example, are flying the Skeeter back further than is usually as a private venture, in the hope
Highly-polished ply- The Comet 3's are to form the possible. that it will be adopted by the wood stretches over four-ffths Initial unit of the Corporation's Services As а two-seat can of the span, and is so well-express transatlantic fleet, and shaped that the ribs inside the deliveries are expected to begin show up in 1940. This contract brings The plan to use helicopters for wing-which usually
to 27 the number of Comets Go anti-submarine work revolves on the surface are invisible. round a
for purchased by B.O.A.C. technique for
Handles Better 'dunking" sono-buoys. The song-
The Comet 3's will have an is
*listening buoy
small device, which, when lowered
4 has already all-up weight of 146,000 lb. and said. The Olympla into the sea, picks up echos been test flown and.
will be capable of carrying 30 handles from an enemy submarine and very
than the passengers at 500 m.p.h, in first- much better
on stage- relays the bearing of the echo original Olymple. It is expected class accommodation back to a central control point.shortly to be granted Its Certi-lengths of 2,500 miles with fuel ficate of Alrworthiness, and will reserves covering the allowances for continuous headwinds,
March stand-off before landing, and alternativo diversion to
new
A
Once two different bearings then undertake further are obtained, the actual position formance tests.
of the submarine can obviously
Dor
be plotted. The helicopter spot- The Olympia 4 is similar in aerodrome. ting technique will employ sono- planform to the buoys suspended from
sca.
an
original Bince March 1, B.O.A.C, has the Olympla except that it has helicopter and dunked in the square-cut wing tips. The wing been operating "theoretical
When one ocho from the design was originally enhceived transatlantic service bused on the submarine has been received, by a group of gilding enthusiasts Comes 3's crusing characteristics. the helicopter can hover to an working at the Royal Alterait Each day a fight plan. in pres 'other position and 'dunk" the | Extablishment, Farnborough.
all the procedures, pared and mono-buoy again there,
save only the Night itself, aro completed.
Subsequently when actual cons ditions can be compared with Jevol study recently made of the 5. As enterprising und ins the previous assumptions it is impact of atomic Weapons on dividual step was taken by the mostble to assess, with consider the whole tactics and rtfategy of filand of Lundy When I Brat able aédüfkéy,, How thele Cómét #mice. the large fleet 6F whooled §.1929, und) fresh, evidence of its out in practics.
The Army's interest In
helicopters has been greatly li credsed na a result of a high-
DORIS
ta
35.35
34.30-31
34.13
34.10
34.33n
34.34
34.22
13.85 United Prem
Market
The American Stock Exchange volume was 470,000 shares.
Dow Jones closing averages
were:
ॐ Inchutriols
29) rails
18 utilities
65 Młocka
40 toda
Cornin
New
177.90
110,07
53.00
122,60
100.01
futur price index 170.50
Untied Prem
York Sugar Futures
New York, June 7, World No. 4
futuros Bugar closed today unchanged to 3 points higher with sales of 413
contracts,
Domestie No. 6 sugar futures
unchanged to 4 closed
points sybeans higher with saics of 558 COIL
Chicago, June 7, Тус and Wheat, were weak on the Board of Trade today, but corn and, onts held steady.
Wheat closed unchanged
Was
soybeans off to 94 cents.
At Winnipeg, whent in the United States.
priced at 16445 cents a bushel to only ! The
bints of
for No. 3 Northern, and for No. it reversed the problem million,
the trend in
5, it was New York, June 7. faced by U. S. producers is the the first three months of 1983,
at 150 cents pr wege Rep.
Rubber It said. #longkong when credit buying decreased
futures closed today bushel-United Press,
CHICAGO PRICES and Japanese knitting industry by 900 million. Small business unchanged to 15 points higher
Chicago, June 7. workers received 7 and 11 cents men are finding the American with sales of 10 contracts. an hour while Affibilcan wages
more and more
Prices per bushel in cents: feature- The semion proved prico
Linne
Cloning for range. Stumt ohe dollar
Prices even putting prica less as traders marked women, workers to two dollars ahead of quality sometimes. A rending the Whitsun
holidays Wheat, No. 8, red It maximum for men workers,
Spot return
10716. instalment buying overstas.
levels Dullness prevailed in the spot July 1082 (1) 165397) along more generous
in- Dec. Sepil. The U. S industry is com- would boost sales considerably market with spot No. 1 posed of small business men and help clean shelves of nc-dicated nominally around 22% March.
Estimate: $11,000,000 further, it is felt. doing an
cumulated inventories even cents a pounds.
Future closings: business in a year.
furt Zinc.
and
July It claimed the wage gap gives
copper September importers a "vital price edge" in prices
con
December competing with American pro- firmness on prospects of US
May ducts-United Press.
stockpile buying and a boost in
July tariff schedules. Recently the US TariT Commission recom mended to President Eisen- hower that US tariffs on im- prated died and zine - should be raised American minera of zine
and lead have complained London, June 7. that fordgen imports have forced The Bank of England state- many thut-downs in the face of ment for the week endicit. June | a
་
Bank Of England
Statement
.
ཉ
3.
to exhibit
tracts,
World futures held steady, on light trade buying orders while the raw market ruied quiet and firm.
Domestic futures in line. with the higher raw market and re
demand for Ports of a better refined.
Futures closings;
Contract No. 4 (world)
July
September
October
January
Cuba) Contract No.
July
Betsember
November Match
July
September
November
Spot (cents "per" ib.
NY ex-cutor....
1.70
200 Prited Press,
New York Metal
March
May Fully
Spot(cents per
JMP-104
Corn, No. 2, yellow
Spot
2005
18434
July
May -156
22.84
Sept.
23.005
2:3.30
March
Boybeans, No. 2, yellow.
39.00€
Spot
United Parts.
July
Sept.
Nov.
Jan.
Mar.
Barley, spot
190 lbs, stek
$14.00
United ProNE,
Rater allow
Lond
Line
Copper June Vbibid
////// pated Post
New York Wool
Tops
Kew Rock Rear,
Market
New York, June 1. Prices of metal futurés élosed
New York, June 7. Exchange Rat thday in US cents per 18,
1.8, reads an: föllows: Makuning demand, The Pre-Wool tops closed today.steady,"
has do
days in
In which to 2 to 10 points higher, * Pričen: Business” was done in the local Natem, circulation 21,04004200 sirinounes his decisión. Copper
10785-800-850 | tiñprietál) Public deposita
Man demmät här Improved and the pot
2006-200-2 morning at the following, ritesser wird #emerni tone ha been, aften-
AKOTA DOMOV sterilee noted" (pres) #3)
2060 no ortar. Inkideendary rupiah1 {(per; 100) HOWA-NOWMAN, Stam tiesia (par (106)
Singapore (Straits) Himited Fred,?] Indo-China plastres (per 100
versectrition
Other securities.
Its
ed with the US purchase of 28.819 100,000 tons of Chilean copper Watch for Its stockpile-United Pross
It was discovered that issued its own, portago stamos in 3 operations would have worked. Bank ratio was suited: Prem
• 204.5-335,0%