Page
CHINA MAIL BOOK REVIEWS
An Explorer In Dry Clothes Takes A Look At
The Ocean Bottom
THE CHINA MAIL, THURSDAY, JUNE 17, 1954.
(and
ter Dhar
Munimo deep, “wno, altisough an eindbrud Scores "Westward Ho With east
amber, in the seabed which her;list, devas a tremend "Albatross' ", byr than 5,000 fathoms bey for a set.2.1, aler Professor Hans Petters- surtare Then saited Month
The
sto fall and fadumeen and
Red Se Ending Ocean to the Suez and the Me Pest m
son (MacMillan & Co.porn torta in Coglan, perms the Ltd, London 21/-)
Thousand Hľ Fathom Lepeath the archanging |
Pater the eg there are
R million Species Puede est in Dudin bi kapa which, not many years ago, man se pare à id exploring
Today, therako ↑, Ninance,
1
tentions) pleasure on discovering the wonder, ad salur
be
There are k Tow generally- accepted talfieles about the sen which Professor Pettersson ex- poses wil then explustes hapes once up for wi}
Hemember the legend arrest With
Truc the lost enty of Atlan echo- $1 Ingenious
"Every Krapie, 15 NAVNETS of thes
intvanced li "Alatronat charted the
protitegument
defence of of the
the reality of the oreno hoitomak 1. Ti
I dabar alarmed a land king- world With a towing et a
Cables 36.00:0 deod
aran dan been sacied by eri-
נו! זויין
So far
*rrty-fi2s585』
he has the col utline of gathered deep-sea ft MP Larvilisation Pyssel ether outside
a fazemaling pfare of thas ponual
NAM.
PAVARA 7 plan 34, Iramozona s
tish, the elimo, Pcarpet of the hot
Che
burol the
valley
and towering peach of Nip
and allend S NE lemi vod
111
Spreier of primat
Truth the belirt
The
trabati -Fur i SPEND Jurnal de 4 (bish with bosat Tabla y
felms, deep e peswiss which
if they had
11
kell.
and the strange
bulk
street
denga"..
Juzg
everal
(el
with
tim- lamps of The talk. riskin!
the buroches
011
ibros pilkistenermat
1
The 19
To top
And always nakuomurs
;
Jury on exper
I
1.19
permott millions of yenes.
Prufes .or
Petter
Pon of wetlen and hi's col hapter
have chied
h
Dop
18.
ET
dade
E
#data's
Swedish
ma asja dalam in 1917.
Westend Ho Woh The Al
batrees *", les
The seimating
Trew
o konfned by #topgang lor, caplate | tubes by miradas nf dowel radio
sis, in
te to thes
me a mad
up to 50
h and were the
exoldalned
rok 50
on the Alinha
Petterssort estimated hus cores showed khm The result. f senfimentation ONVE i penod of between two want throw million years!
and
Bo
Also having calculated the
of tale
sealmentation. pot ch th x with The results uf The
Every written "eebograph" which gave
wust pubby total "depl
Petramer 1. underwater | esifinated the Atlante may
500 million year old-or 400 explecating ties bett whet oa m ebilded fox Jules Verne
mallion years older thats earlier
varetraphers believed.
esse mindly de whose plate
1
In later iste by sh newspaper accounts.
ENTIE!
Abings S its Tit Printer
sor Pirend's deep ren dives _ | 14. Halas se aplar, Fiel 1 di covers of the fish with arms
The
among the earliest of the deep.
1-
inotor-sebron162
In there cores he found layers
which
CDC within
11.
an uns of Here 180 centurIOS. Denkmony will
have it
But he does sons Atlanta muy ont of the
ï [
ו' !
Dropping the core.
Allantic:
sen
TRADE and COMMERCE SECTION
IN DEFENCE OF WESTERN
TRADE EMBARGO
London, June 16.
The United Kingdom Mutual Steam Ship Assurance Association, Ltd., discussed in its recent annual report the Western ombargo on trade with the Communist bloc and said that transactions "likely to increase the danger of war" cannot be justified by any
of mere reason expediency."
The report, which is for the year ended February 20 last, made these points:
management and skilful charter- ing show their true worth.
A mere 12 months is an insuf- Acient period in which to record y material change in the
Talents which were latent in present unsettled world condi- the long yours of close wartime tions. Politically and economical-control
now being fully been no major exercised, and shipping is be
coming again the flexible instru- ment for world indo it has been in the pan.
there has shift of scene,
Controversy is increasing us to the desirability of more Fast- West trade when ideologien barriers still divide the world aint there
is still a danger of
Few doubt that if wor
were to come, it would be far wes than anything menkind has yet known This ml be born mind even in considering such mailers an Tende, which is no
CLUB RISKS INCREASING
"Keep Your Dogs Locked
Up" Warning
Hanol, June 16,
Hanol authorities
ed dog oWBER to Their pets
warn-
keep
locked tip at
night to mve them from a
gritenome futa,
high- Viet-
Dog MBAL 1s priced dellency In namens and Chinese restaurants and the mum- ber of dog thieves roam- Ing the wuburbs at night han_Increased,
Prise prey are the fat, pampered pala of pron- perous
holders... house China Mall Special.
HONGKONG
STOCK EXCHANGE
(From Our Correspondent)
Business on the Stock Ex: change this morning amounted to $491,460. Noun quotations
The bendeney In recent years has bean for indemnity risks to fail, especially eurgo claims, due to the preventive measures taken the morning's dealings:
shipowners and the lay many association's determined Tesis- tance to unjustified claims.
Unfortunately, protecting club
are still increasing, parti-INSURANCIS cularly crow liabilities and dock Otten it is madr En serve
danuge olains, Therefore, al- other ends, either to build up though the indemnity club calls war potential, to reinforce polit have been reduced, the protect- cal pressure, or simply to wining club calls have had to be over the minds of the magvos in another country.
hager only a question of buy-risks are ang and goiling.
RESTRAINTS WILL CONTINUE
increased Bmount,
by about
Univer Underwriters
SHIPPING
Waterbost
Ama Nav.
Call For Lower
Rubber
Production Costs
London, June 16.
The Financial Times, Britain's leading daily business newspaper, called today for a reduction in costs of natural rubber production. At the same time it warned that the future of natural rubber depended on the maintenance of Far Eastern stability.
The newspaper was commenting in an editorial on a long speech made yesterday by Lord Baillieu, the Chairman, at the annual
general meeting in London of the Dunlop Rubber Com- pany, Ltd.
Lord Balllleu, who out were both higher thon in 1932. lined his company's
The profis earned were zalia- factory." tivities in Malaya, Japan. In Init the volume of sales Inlin and mily other Improved 1a, 1 Year but thele countries, said the future value was bil.w that of 1952 of due to rdinellene selling and progress stability Malaya, one of the world's prices, Led Baillieu stated. SIGNIFICANT RISE two major rubber producing The Financial Times today countries, were intimately also stated: "This year there linked with developments in has been an unspectacular but significant rise in the price of Southeast Asia,
naturių rubber. After pro- longed period in which pries fell
CONGUINEFS purchased hand to mouth only,
that have found
the ectual surplus is now relatively Email and that they have stocks
DS
The Financint Tintes, re- ferring to competition between
and synthetle rubber from natural said "one of the most vital tasks buyers for natural rubber producers is the reduction of costs and in the to replenish. 5001810 light of this it is particularly
interesting
to learns that extensive repisating programme
... 1033
SHARES BUYERS SELLERS SALES
BANKS
*
330
4 to 6 85
18
10%
the same
DOCKS. ETC
K Wind S'hal Duch Wherlock
1
24
#120 039
JK Land
S'ha Land Himplu vya Really
55
700454
ង្ក ត
211 130 17.30 11 G
Tag Singapore Rubber LAND ETC
TO any particular transactions directly or indiert-
ly increase the danger of war. or Để vnc country or group do- minating or taking over unther, such trumactions justined by expediency.
<*267313
Buy reason of mere
Market
Singapore, June 16,
from little selling
Lower advices brought a
abroad
at the
The motives behind offers of opening. This was absorbed by business.
Therefore, often have to be considered, and a examination made as a whether
purties myolyest
both
I
trapsler benefit
of goods
For these and other reasons, restraints on trade may be ex- pected to continue
will really
tli trade After wilch prices gradually appreciated through- | Out the day. Business was done above the lowest, of a cent Sellers were reserved. Priers No. 1 rubber ver 1. July Go!-001
Aux, 00-3/1-00
Sent, unqunted
"
63.cat
645-047%
051-60
77
The degree No. 2 rubber per m. July 6914-0336
No. 3 of fræstom which Governments No. will allow to tenders may well Spot rubber unbaled depond in part on how abjective Blanket crepe
No. 1 pale crepe and
the it aders constructive themselves are in planning their
operations in such difficult world
conditions.
LEGITIMATE?
or volcanle ash and he specu
vastness of the lotes that they were the result
"Should the pessimistle views Croncarh, of the huge volcanic explosings
eer uin geolog.sia be realised, which have shaken thủ earth whee ancestors were probably
that a progressive desiccation of innebrands | miner it was born aunt 3.000
He believes our planet will end to a gradual million yours ago.
jes | sinking of the ocean surface, a thunt Was layers of ash found mkd-Atlantle continent, separat- These issues deeply affect the Professor Pritersson his skil nearest the surface of the sedi-
shipping world. Occats from Sea in two Atlantic
Restrictions of) fully combined an dominating ment in the Mediterranean Sea
course mean a shortage of car- other. will ultimately ncerunt of the abjects and re- might have been the result of each
goes. the falling emerge from 15-month expedithe Vesents explosion in AD 79 sult of the
Burface" Me
puck Ishly: adds Lion
destroyed Pumpelt and
"To what pornplications in to- 'Albairus' with a lively personal Herculaneum.
ternational polilles the owner- narrative hat will appeal to u
research also foretells heir
ship of this new continent may huge under water volrande exe wide variety of readers
lead
Jert must be
to the plosions which, In millions of
imagination. “ During 1
years time, WE hurl fan- "Albatres travelled muze than tastically high mountain chains 4,000 nautical miles across three out of the deption of the Allan- Nature has by no means The main purpose of the
Cisalp
Lec Jotulwork of the expedition was to investigate,
shapling our corth. by means of new methods, the beet bed in great depths, ita deposits and the thickness of the sediment which covers the "rock bottone to a depth of 12,000 feet in some parts.
OCEAN.
eruse.
the
Leaving Gateburg, the grace- ful k 'Albatross' suited south in Portugal and Madeiro, across the central Attuntle ridge to the Caribbean and then Martinique and Panaina.
The expcdition erl. a-crossed the equator four times in the Paciße
to
The Atlontis of the future Is at present a submarine mountain cham stretching from far north of the Azures to the latitude <! the Cape Harn. The highest point nwever
still
B00 fathoms below the surface!
is
Is there a wealth of uranium to be extracted from the sea? How was the Parille formed? | No. There is not the remotest Was the deep bowl of the ocean the sear left behind when the moon was born out of the body
chance of obtaining uranium from the ocean depths; measure- ments of the amount of uranium
-United_Prens
NEW YORK MARKET
JK
UTILITIES
Tram
Star Ferry
110
C. Light (0) 14.40
C. Light N1140 Electric Telephone INDUSTRIALS
L'ement STORES. ETC.
Dalry
the
th
"At the same time there has been an increasing realisation
planned (by Dunlop In Mainya) the price of natural rubber is fully competitive with syn- is expected to bring about baththetic--though a rise fram the increased production and lower prerent price might take this (18.
advantage away from
course
the na
"These developmonts have of tural product.
been made possible by the Improvement in the political apparent in situation in Malaya. The future that there of natural rubber must depend In the first place on the main 14.40 tenance of stability in the Far 2700 1140 East especially. But this aside, expanding uses suggest that with
"But what has become more recent months is is room for both aural and synthetic rubber in pend the context of rising world de-
mand for rubber as a whole."-
3500 20.10
500
120
281 28 76 600 23
24.00 24 0 20 1300 ...
17.50
2015, 23,60 500 as 23.40
1300 23
200# 23.16
1000 * 1231
2300 #T.231
2000
23.40
Watson ....10.20 10.40 1000 18.30:
(Rt)
COTTONS
Textile Corp. $ 0.00
a growing general demand for
the rubber,
natural ist :ynthede products must be re- garded ila complementary well as compolitive."
45
Lord Ballou said the ability
to take part in the production how" Involved
800 1020 and the "know 360 @ 61.10) in the extensive use of the new Fynthetic rubbers was of great importance to Britain both com- mercially and strategically. Ex- tensive resoorch was being con- ducted on synthetic rubber in
300 **
5.
0
14!
MISCELLANEOUS New York, June 10.
the winery was Balance of scattered.
Yangtser Yawnatk
New York Sugar Market
futures
Chinn Mail Special.
NEW YORK
STOCK MARKET
New York, June 16, Stocks continued to forge
both Europe and North America, ahead on good volume today.
he said.
MORE REPLANTING
to more
Rubber futures today closed 20 to 40 points higher with sales of 163 cöntracts.
with rails and industrials Most of the
was busines
of
recording gains of a point represented in exchanges September contracts for physical
than 2 points in rubber. Actually, 90 contracts
Of Malaya, where the Dunlop loading insuca. Worse still is the uncertainty were involved in the switches.
New York, June 10. Company has great interests, The gains today Just about as to whether come types of } Butt
Lord Baillieu said: "I was able crasect the No. 1 sugar
final traces of Jast World
refer lust year to an an=) week's break and the business offering stauld pro-
com perly be accepted by reputable
No. 1 Res spot were quoted closed today 1 point higher io to
provement in the tenergency | posite market average touched shipowners, and even in extreme at 2334 cents a pound. Prices: 1 point lower with sales of 240
conditions in Molaya and I said) its highest level _since com→ July
contracts. September
Domestle No. 6 sugar futures that we seemed to have reached pllation begun in November of December
the tide had| 1933. a point where closed unchanged March
turned in our favour. That
picked up on the May
higher with sales
would appear
volume totalling 21.53b tracts.
has meant that the 2,070,000 shares, compared will Light trading buying orders 50
of re 1,830,000 yesterday. the world vitally important task predominated
Rolis planting our rubber catates has
were the
bost: per while evening up contract,
continued on an increased scale farmers again today as they
yesterday's compared with last year when extended
sharp operations in nearby July ten- tured the trade in domestic con-
the programme had to be cur- goins. They rose 90 cents on tracis.
Lailed,
average, desplic a loss of 2 In the world raw markel,
points in Union Pacific, yester dealers believed a fairly large
"The future atability and day's pre-setter Union Packle, amount of business was pend-progress of Malays are intimate-up more than 8 yesterday, rose
cases as to whether the business Is legitimate.
On such matters, which are often brought to the assaben's July managers for informal advice, owners generally have shown a very proper restraint,
23.50
23.756
24.10
2.30%
24.00b
United Press, LONDON MÄKKEI
London, June 16,
The year has therefore again The rubber market was quiet been dimcult. The cusy profits ly steady with No. 1 Rsa spot of recent years have gone, and quoted it 19% pence per lb. now is the time when good ship | Prices:
tidal wave thousands of millions of the earth by a cataclysmic in deep-sea deposits have given New York Cotton ember
very low values, quite as low as
of years ago? This and muny those found in ordinary all-
ther Interesting theories about the ocean bed are discussed in a lucid and attractive style by one
mentary rucks tinents," he says.
from the con-
श्र
☆
And finally this fallacy which
most journalists have been
Market
New York, June 10, Colton futures trading today continued to be dull,
In one of the slowest days of the year, prices fluctuated with- in a narrow range, but managed
guilty of: Will the detonation 10 keep just above the previous
close most of the time.
of an 'omic or hydrogen bomb Closing on
of
n
Oktober/December January/March
20-2014 2011-2012 General markets, cir basis, ports:
... 19-15 191-19 10-7/10-10 Mer United Press.
Estate сторе
one thin
to 1 point of 683 con-
This
with move, to have been Trading
y Imked with devolopments in 3 points to a new high at $189 Southeast Asia, We must there. In the early trading today; then fore be cautious in our estimates fell back to $13314 under
15
of future prospects until we pressure of profit-taking know more clearly the outcome General Electric was the big Industriais, laing 1% points to 8423%, a new high, on the day's most active tufa-- over,
No. 1 spot Rm ...
Settlement house term; July
10%-10%
1915-191 1944-1944 10-1912
ing.
19-20
Future closings were: Contract No. 4 (world)
April/June
Tuly
3.21
Sept.
3.29
June
Oct.
3.05m
July August
3.20
4.2013
MAY July
3.24b
of the issue in Indo-China and the results of the Geneva con- ference."
feature
Spot-(ceals per ib, fob Cubaj 20 Contract No. 8
July
6.00
Sept.
0.73
Nov
8.726 registrations in
Mar
6.21
May
6.03
July
Sept.
Nov.
London Foreign Exchange
a mild rally the set up a chain reaction transmut-list finished up to off 5 points, Ing the İmunense supply
into Opening prices were unchanged hydrogen In the water
to off 5 points. New Orleans New York helium?
Professor Petterson
Mou!reni closed up 2 to 7 points. a chain reaction,
Amsterdam says: "Such
Trading volumes and, open Blocked Mark involving all oceanic hydrogen interests in the Exchange today Hamburg
would make a hydrogen bomb
were: cut of our small planct, con- verting it into n dazzling v. Month
ja Dirnost a perfect balance between scientific research and
Volume
Brussels Copenhagen Openi LIEDOT tnere Parts
439,000 20.400
Stockholm 4,300 238.700
Zurich 14300 22 368.209 4,400 207,000
7,000
2,000
2,100
100
200,000
0.700
27,500 Canada
London, Jun 14.
2.01 13/15-1.811 2.7030-2.107
30.012-10.05 13 0/32-13 7/32, 16.7334-11.7476 140.86-340.05 1044-1944)|
70 13-80.05
3641-0044 14.495-14.494%
--United Press.
NEW YORK EXCHANGE
New York, Jượn 16,
$1.01-87/32 1.78.2.18
0209-13/16
100 England-unomisin (6,800 3,058,800 Belgjum
bales Giners, werd" unchanged.—United -United Pres. Prem.
Us
a fate which will assuredly not overtake
whatever daviry our nuclear physica may be capable of turning out."
July
110W-
Oct. Dec.
Mar.
May
July
Pervading the book is the Scandinavian cliorm houenty of expression of the author. He hins contrived present a book in which there
and
Oct. Пас. Total
10
NEW YORK PRICES
Now York, June 18.
33.33
34.20
34.IN
34.30
34,06
139.99 Wheat, No. 2, tad
Bart
Dé
33.07-09 23.071
1974-1
Com, No. 1, yellow spot
the light personal observations
Prices of cotton futures closozi
of a traveller in foreign lands, today as follows:-
Bpot
The photographs supplied by July
various members of the expedi- Oct.
tien are excellent and occur on average_about once every woven pages R. G. HUTCHEON
New Books
The followitig!, new book, has boon received_fróm-MacMillan de Có, Ládi, The New Men, by CAP«j Snow. It w}}], bo; zaylowed in
Next wesky review/aldi bej Daphine DAMBU
novel, MarY
Dec.
Mar.
May
July
get.
Deo.
Unlied Frea
LIVERPOOL: MARRET
Liverpool, June 10,
CHICAGO GRAIN
PRICES
Chicago, June 18. Prices per bushici in cents:
Closing: Prices
Colton' futures, In ponco. per | Dic
and Unsed on American Ma ling /cotton, 18/10 .:Ancti;
Bpteinis per ib. eif NY
ex-duty)
Of Japan he said there was
1983
CHRYSLER'S, RIBE
a steady Incrcorc In vehicle Chrysler Corporation gained
and the 1% points to $81% as the com expenslen cf road transport for pany planned to demonstrate long distance haulage continuzd. the
turbine - powered "Dunlop 0.67
DAT
United Press
cor.
first
in Japan participated standard American fully in the consequent Ineren 30 in tyre ternari arid males volume and value of turnover
Steel Denationalisation
Surprise In Britain
London, June 16.
passenger
Among the specials, Kimberly- Clark responded to a two-for- one stock split proposat with a rise of 3 paints to $64.
Theto
were a few Strong spots in the oils. Standard Oil (N. J.) roso a
point
to $8014, Barber
to #04% Amerada 2% to $1855%.
67
Out
Oll 14
490,000
of a a total of 1,170 isauca traded, 708 weke hiiner with
at new tops and 214 loyers with six touching now lowe.. Two big industrial firms bought back control of their The NY Stock Exchango nationalised steel plants today for less than half price in bond volume was $3,800,000.
The American Block a deal that threatened to raise a major political storm.
change volume was, They bought back only part Vickers and Cammell Laird shares,United Pres
DOW JONES · AVERAGES. the paid £10,000,000 for 8,000,000 of their former stock for
New York, Junn, 16. lower price but it was enough ordinary A and B Khuren of
Dow Jones closing · averages, representing the equity on Wall Street were as follows: to regain control. The Govern stock
not lose capital of the steel works, s ment
will probably
30 industriais 30 ralis much money on the deal oven-
When the Sozialista nation is LANG tually, however.
alised the steal. Industry in 1951 15 stocka The big industrial firms were they reeloved £21,150,000 10 Comm. future, pries influe
bonds Vickers, which does everything the Corporation. from bottle beer to manufacture
But they farmerly owned the Cammell Laird child eaglial of the English
Size1 Corporation to{}+
and.
SHIRMIRATAErubannirot of Joan and equity, edpital.
*They purchased
the
40
foited-Prem.
The Exchange Rates
Sheikh Steel Corpärailon “it) bought buck only, the „Gaulty"
Industry
from the Iron and | capital
imes
Now the Coverthimit “MU
the steel denationalised by bentire, ahk
Britalier Conservativo, s Covente stock, who
takaisters fous, or not
"the prionu.UNI
BURETH wis dorie d'I morning«KU? the following rated?....
Bingapore. (Benita