THE CHINA MAIL; THURSDAY, SEPTEMBER 9, 1954,
Eary Iron Age Settlement Found In England
be 1 British
Sir Martimer Wheeler, the well-known archaeologist, takes a "find" from an amateur
The site iạ thought to excavator on the Wye Downs, near Ashford, Kent, settlement of the Early Iron Age-Itruterphoto.
Hunger
Strikes Assume Importance
In The Middle
By A Special Correspondent
East
Jeddah, Sept. 8.
The Middle East could be described as the "Kebbab Belt" on the food map of the world.
Almost every country in this region has its own special variety of this meat-roast-on-a-spit dish.
A
Stinkhiyeh.
TRADE and COMMERCE SECTION
Common Approach Silk Deliveries Further Decline
Will
To GATT
Be Important
From An Economic Correspondent
London, Sept. 8.
Next month's meeting in London between Commonwealth Governnment officials to discuss→→ and, if possible, to formulate a common approach to the General Agreement on Tariffs and Trade (GATT) will mark an important stage along the road to currency convertibility.
The trade problems, ca dis-areas on balance of payments or tinct from the purely monetary other grounds. problems, that are anticipated If the insists on strict chaer- when sterling and certain other vance of GATT rules- important European currencies strengthened, perhaps, to meet (including the Deutschmark the new conditions of converti become
exchangeable with bility-aho will be expected l dollars have only recently comel set a shining example of non- into the discussion on converti-discriminatory trading.
bility.
Britain's problem.
This not only suggests that the
and that transitional perlod between of the other European countries "non-resident" convertibility and contemplating convertibility, is the abolition of all exchange and how to prevent a serious decline import centrals will be a short in export earnings. This problem, but also that British manu-
inherent in the system of factu
of facturers must be prepared to convertiblity, meet
competition from
**non
resident"
suf
For the right that will be given American exports
"on-residents"
Currently
Earned
well to convert pounds into countries
al home abroad. ม
awareness of this roused
To U.S. Mills
New York, Sept. 8. Haw silk deliveries to United States milla In August reached the highest monthly figure this year ai 4,371 balea, according to the American SIK_Counelf.
They compared with 3.380 July and 3,050 In August last year. August Imports also rose at 5.728 bales compared with 2,769 and 4,207 respectively.
At the end of August stocks were the highest for several years at 8,320 bales compared
In with 4.027 August 1953,
Raw silk in transit as of August 30 amounted to 2,830 bales, of which 2.030 wero on the way from Japan,
During the first months of this estimated raw
eight year. Rilk
deliveries totalled 28,800 balew against 28,035 last year, Reuter,
HONGKONG STOCK EXCHANGE
(From Our Correspondent) noliccable
Growing dellar's may tempt
res fit has whose currencies remain incon- cooling <f enthusiamm for vertible to discriminate against currency
freedom
In Britain.
10
In Denmark's Foreign Exchange
Copenhagen, Sept. 8.
The declining trend in Denmark's foreign exchange reserves which started in March 1954 was further aggrevated during August, according to the latest report by the National Bank,
At the end of August, Denmark's foreign exchange assets amounted tó 809,594,000 crowns, while liabilities totalled 895,347,000 crowns, resulting in a deficit of 85,753,000 crowns. At the end of the previous month, there was a small surplus of 4,674,000, while on December 31 list,. reserves showed a surplus of about 326 million
crowns.
on
However, these figures do not
in 3. Increases
taxea actually mean that Denmark has tobacco, spirits, beer and petrol, no reserves left, Assuming that and; remaining EPU credit possibil- 4. Measures to stimulate pri- ties are utilised (of which 60 vato savings by Fi premium per cent are to be paid for in arrangement. dollars), Denmark's total avali- ability of foreign exchange cover possible deficits in coming months should be about 700 million
**
500
It is belleved that the Govern- tightening of present import ment does not contemplate
Д
cr reimposition of restrictions quantit;dive import but will resort to financial and other measures to curb con- coming sumption-Chino Mall Special. deftelts
restrictions crowns, comprising 200 million in the EPU plus million in dollar reserves.
11, however, the months should! Business done on the Hong-similar to that of August, all
Stock
This Denmark's foreign exchange re- kong
be exhausted Anc The within a few months. 80. Noon quotations
Experts ne rather vague in inorning's transactions: RARE BUYERS SELLERS SALES explaining the exact reasons for BANKS
Denmark's present foreign! 101715 exchange difficulties.
Exchange it may give rise to orning amounted to $501.568.-serves would
the sterling area | But, though Imports from (or, for that matter, West Ger- cries of anguish from some nt mony or the Netherlands) In the mere sheltered sections VI order to build up reservey 01 British industry, the Government currencies that can be spent in will not be diverted from its the dollar pan.
policy of dismantling economic controls, of which convertibility is the Ingical conclusion.
BRITAIN'S INTEREST
1 is in Britain's Interest, Baerefare, to ensure that the GATT rules forbidding dis- crimination against Imports from countries are strictly en- forced,
and 話 necessary. strengthenedi to meet the new situation that will arise when the
declared convertible.
pound is in other
"Serikh." Riz Bokhur: is mixed with boiled carrots,
One variety of kebbab, which is spectacular as well as delicious, has its
under various names, origin in Turkey, though it is widely imitated, parts of the Orient. It is called the "Doner Kebbab," or the revolving roast.
Large pieves of choicest tamla rousing song dedicated tra dient is spleed boiled rice, and with bons removed, are packen nightly
long.
solitary skewer and roast vertically To to this, a circular chamber charcoal fire is prepared,
after ther of bright
t>f 11 lining the inade ceals metal oven ubrugt 18 inches
On
1
A very popular dish in Jorunn, including
jorts of what
fresh to- then matoes and tomato sauce. enter with the hand, in sheat bread, with spring onions.
For Serikh, the rice is bolled in milk before being spiced and
wast of formerly Palestine, ix the with, Sommakhyeh, a composite dish red of beans and tiny unlons cook- ed in fat with choice pieces of lnb and tomato sauce and a then eaten with pieces of lamb but of
(the local bied "bagdounis"
No fork is juice. variety of parsley) uzexi to
eaters of sheel
+21
will
of
dometer
The skewer, picked lamb and garlanded with onions, is lowered into the centre the upright oven, and an electric motar begins turning it slowly. xposing nit parts of the meat to an equal heal
As the meat sizzley, its juve seeps through the whole per unul
the
outer sections turn
reddish brown and
is ready to serve
¡
the whol
Armed with a long. shap
The
knife. Toast sections of parsley
ventior chips the
off into a plate cushioned bertding with tomatoes, and serves het, aftey pouring over it a spoonful of the kebab-juler neruimulated long dish at the bottom of
In
the skewer.
A
nt-
In the realm of sweets, Tur- key scoops The Orient with rare delicacy which often tracts efforts nt imitation on the part of pastry-cooks throughout the Middle East.
This prize pastry. called "Ekmek Kadayifi," is a syrup soaked sandwich of specially of bread en- hardened layers
of succulent centre casing fresh cream. It is prepared in a large, shallow circular tray and
kept at baked in un oven special temperature.
it
Pint after pint of scontext syrup is poured over the sand- wich-tray, by degrees, softening favouring the hard bread and
the thick cream. Ekmek Kadayif is served lee-coklin the summer,
cut in neat parallelograms.
costs id a plece.
com-
this dish CDL merely cup a triangle
separately in
temato
to
The importance attached brend in their angers and pick, food in all these countries helps up pieces ut mrat, bean of onjon
trecessively
without their hingees tuching the Inot
In Jerusalem
In the ul city of Jearsalem,
#1 zweete
to explain why hunger have a special significance
strikes in The Middle East, as distinct from West. So much time is devoted
and eating, to preparing food that not to cal at all is truly the supreme zacrifice.
America, Women
slimming tent femonade and orangende fcw
12 many
Europe
and KO оп
a speciality
the
"Hallava, whent
trate of seam.
extinct China)
a few days to take a for A inches off their waistline.
white-grey slabar, cut and wld Egyptian
in the desired weight
the
de-
and sugar It is made in large, But when Dorin Shafik. feminist leader. Holly cured a hunger strike in Cairo with halluvu-and-butter centres.
and refused Lake
10
any food are very populat tel Scil
txeep!
event urangende, ultraeted considerable attention
5d each.
the
Halluvn is also peked in throughout the Middle East.
small tins after being setisoned
uts! With roast almonds, ported,
Cx-
It has akn been suggested that Britain may ask for stricter enforcement of the rule govern- Import quotas. ing the use of GATT
signatories undertake to eliminate quantitative restric- tions in their trade with other contracting partics, but many countries have avoided this obligation under
the che of **escape
con-
With clauses." vertibility, however, it will be come necessary to ensure much stricter adherence to this rule.
DIFFICULTY
Britain's dimculty is that she is as guilty as most, and gultier sume, of discrizaleating
front imports
certain
than against
World Rubber
Markets
Singapore, Sept. 8. The market opened higher on overseas neceptance, particularly for Europe. There was a fair turnover for all grades. closings were:
Since then. student organisa- trons in this part of the world
No. 1 rubber per_ib. have on several occasions adopt- ed the hunger strike "weapon"
There are two special "nation- a" dishes in Saudi Arabia; XL To express superlative indigna- or protest.-China Mali speciality called "Riz Bokhari." lon
a light dish whose nain Ingre- Special.
BOMBS HELP TO TELL STORY
OF CANTERBURY
A 10-year probe into the past-begun when Hitler's bombers were still attacking-has ended at Canterbury.
Since 1944 archaeologists have been digging in the blitz ruins of Canterbury, unearthing. secrets which would never have been found but for the widespread destruction of property.
Q
Future
N.Y. Cotton
Futures Pushed Up
New York, Sept. 8.
A lower Government esti- mate pushed cotton futures sharply higher today.
In activo dealings, gains ranged up to around $3 a bale before
selling hedge
and realising curbed the rise which had
to new
carried the list seasonal highs.
Brond scale
HK Bank INSURANCES
Iinion Underwriters DOCKS, ETC
Dock
1710
DOS
8.10 1000 2
23 10 200 a 23.00 500 kr 22.80
Provident (0) 13.80
S'hal Dock Wheelock
LAND, KTC
2002.90
14: 4000 13.80
500 or 13.90
1000 13.80
2000 * 1
HIGH IMPORTS
high
However, it is known that
ports were abnormally during June, July and August to caver Increased consumption
of
consumer goods and high-
7.55 7.70 3000 * 7.de level exports. Furthermore, the
HK Hotel..11.18 11.30 3000 11.10
HK Land
Humphreys
Texity
UTILITIES
Tram
NEW YORK
STOCK
MARKET
New York, Sept. B.
A five-day market advance
was braked today by late
late and smaller grain harvest profit-taking in aircraft 1000 11.20 necessitated considerable imports shares and other recently
of foreign grain during August.
.. 09!S 00$5 300 60
700 co
20.30
2.03 2.19
300154
10.40 10.00 137
Star Ferry 183
Yaumati
C Light (0) 13.30 15.00 460 15 20
C. Light (N) 12.30 12.00
Electric XD. 31%
Telephone
2000
700 3193
27'
INDUSTRIALS
Coment
27 500
STORES, ETC.
Dalry
24 24.70 1000
1000
buying through commission houses, local pro- fessional, mills, and other trade COTTONS interests fellowed the Govern- ment rep
report
At the close the list ruled 27 to 37 points higher after being up as much Ds 60 points,
Textile Corp. MISCELLANEOUS
Yanaise
Allied
*
7.10
It is also likely that the small Danish
grain stocks
delayed
strong issues,
The selling was concentrated arrivals of export pigs,. which largely in Industrinis which
have would normally
been had moved up more than 2 points with on average around mid-session to ready for a slaughtering,
of their best levels in two weeks. a resultant temporary loss foreign exchange.
They closed up 70 cents on the day.
ANOTHER FACTOR
Rail and utilly stocks wero neglected throughout the session and closed with small losses.
Turnover totalled 1,970,000 most shares, compared with 1,860,000
Yet another factor is believed to be pecelerated foreign pay- 37.10 ments by Danish Importers, a
which was 24.10 development 2120 pronounced during the spring yesterday. 500 2412 and early summer, and finally Aircrafts, up a point or more
100074.65
exchanged.
it in belleved possible that at their best, closed about uri- private
banks, which
Realising was a factor, tos, In 85 Perienced a sharp drop in their 500 24
exchange holdings in the steels where Vandium, up July, replenished these holdings nonrly 2 points. at one time, In August with purchases from closed point lower. the National Bank.
Opening prices ruled unchanged World Cotton
to up 0 points. New Orleans closed 25 to 31
up
points.
As of September 1, the pro- duction was estimated at 11,830,- 000 bales.
The figure came fully 200,000 bales under aver- две Irnde expectations, and was 848,000 bales less than the Government's August figure,
Last year's harvcat totalled 10,465,000 bales.
GONE BACK
Markets
foreign
hold The Government is to scussions on ways and means
MOST ACTIVE
International Telephono and to cope with the situation and Telegraph d American Cable it is believed that the Lower and Radio, in which it has a 68
House will be summoned to an
extraordinary meeting on Sep- per cent interest, again today New York, Sept. .
known of the Government's Prices of cotton futures closed yet l
but International, point in Ameri contemplated Tonay as follows:
these are believed to include the yesterday's run-up following a
tember 15. Nothing definite is declined, however a point
WOTC the most active issues. Both
Spot Oct.
Dec.
Mar.
Mas
July
Oct.
Dec.
were
Mar.
Some quarters thought the crop had gone buck more since Sept. 60-COL
Oct. 20-1/16-09-3/18 the Government figures Nov. unquoted
compiled to the Arst of the No. 2 rubber per ili.
month Sept. 0814-18% No. 3 rubber per 15.
Semt. 081-08 No. 4 rubber per lb
Sept. 66-60% Spot rubber unbased Bket crene
10-601 No. I pale erene.... 70-00
NEW YORK Futures closed 30 to 57 points higher with sales of 192 con- tracts,
following:
33.40
34.04
34.00-01
3530-31
35.54
33.58
35,028
34.02b
in civilian and struction;
mensures,
1. Further savings in ernment spending by new
military
Cable in contrast
Gov-radio
cuts merger
In
with
of
commentator's talk
and sharply higher con-earnings, later denied by the
companies,
a
of Imposition
In the oils, Honolulu roze 1 2. The NEW ORLEANS
supplementary 10 per cent tax points. Prices of futures closed today on personal Incomes; as follows:
Finalisation of the $00,000,000 Export-Import Bank credit to Japan for cotton purchases, and indications of a quickening interest in textile fabrics after the report, helped to keep priera on an upgrade. Statisticians
Spot Oct.
Dec.
Mar
May
July
Oct.
Dec. Mar.
34.02-03
14.30
34.54
35.13
24.00
LONDON WOOL TOPS MARKET
Sept. cents perGet. Dec.
Mar.
May
13714-157-4
London, Sept, 8. envisioned 1
Wosi SAO PAULO
tops futures market| Ughtening supply situation when
The market was closed today, closed steady with a turnover of the peak of the harvest La
In the United Stales, the 68 lots. Future clesings in pence A good part of the activity passed within the nexi tivo calculated that
average price of 15/16 milddling per lb. were: was represented in exchanges of months. They
cotton at 10 designated
spot December contracts for physica! out of the 9,578,000 bales car-
was 34.31 rubber and switching of the ried over from last season, only markets December delivery for later 2,647,000 bales are in the "free pound.
stock. Thus, with a crop of Soles at these centres totalled an positions.
and estimated
bales. 57.073 undertone reflected 11,030,000 bafes
cotton July Note: The Liverpool requirements 19,500,000 bales, a prices were no1 received, Bopl Oct. higher replacement costs in the export-domestle primary markets and expecta-ot around
ture looms ahead. United NEW YORK SILK FUTURES. manufacturers, actually ions for more factory interest, close balance in the supply me- United Press
New York, Sept. 8..
·Press. operate on a hand
Silk futures, today closed 7 present.
higher with salts of three contracts.
Closing prices were;
Firmer
to
to mouth bass for quoted at CHICAGO GRAIN cents lower to 2 cents
23 cents nomina!.
Future closings were:
of
Sept.
Dec.
Mer.
Muy
Julz
Sept.
In Egypt. there are sovera) hymns of praise dedicated to a local dish of nationwide popu- larity, called the "Molokhlych." It is a simple enough dish
one which becomes but posite at will. Molokhlych is
excavation The Canterbury
Traces have been found soup made with the leaves of
committee
occupation-about have now disclosed A Neolithic plant called the their findings a roadside
in booklet. 4,000 years ago. Molokh. The leaves are cut into Proceeds from its sale
will go
AMPHITHEATRE Liny particles and bolled In towards the cost of a book The committeo state that It is chicken broth.
which
of will tell the detailed now possible to plot much when excavations are Roman Canterbury, the line of of the wall, the grid pattern completed. however, several
the the the Roman streets,
and are,
In the early days of
found much more elaborate ways of excavations archaeologists some amphitheatre
astride cating it, and the following is timen had to take cover from Watling Street, Canterbury. one of the favourite methods.
nod explolling bombs
shell Before 1939, little of the Cover a layer of dry bread-splinters.
history
of Roman arid; pre-] Jan./Mar crusts placed at the bottom of Secretary of the committee Roman Canterbury was known Apr/Me
July/Bapt a soup plate, with several is Mr John Boyle, the town to the most expert archaeolog General markets, elf kama spoonfuls of bolled, spleed rice, clerk.
People of modest means
eat story
the Molokhlych in soup form.
There
for somo years.
ROMAN CITY
24.01
24.83
Dee
Jan
15122
United. Free.
NEW YORK WOOL TOPS MARKET.
A favourable report helped |lift National Aviation 1% points. Out of 1,176 Issues traded, 488 were higher, 400 lower.
The American Stock Exchange volume was 660,000 shares.
The New York Stock Exchange bond volume was $2,900,000,
DOW JONES AVERAGES
Dow-Jones closing sverogen
on Wall Street today were an follows:-
30 Industrialy
20 radia
13 [ties
40
Blocks
bondi
Comm. future price index
United
New York Sugar Market
New York, Sept. 8. Wool tops closed today 2 to 15 | tracis. points higher. Future closings in cents per lh, were:
PRICES
Chicago, Sept. 0. Prices per, bushel in cents:
Oct.
4.03h
Dee.
4izon
Mar.
4.4b
•
Closing Pricts
May
4.420
Aug. Det.
4.40
4.400
Wheat, No. 2, red
United Press,
Spol
LONDON
Répl 2164(10) 21014(L)
NEW YORK COFFEE
Dee.
FUTURES
Oct.
No. 1 Ris quoted at 2011⁄2 pence per lb. Prices: No: 1. Res spot
2016-2036 Batllement house termi
90%-201
Mar.
May
July
Cora, No. 2 yellow"
170 153-104
Santos "S" cóffée futures to- mar. day closed 130 points higher to May July one point. lower with sales of
Del 367 contracts,
Doc.
New York, Sept. 8,
Dec.
Jan.
The market was quiet with
Oct.
Nov
iquated
п
Burrowing deep underground
Eitats crepe thick, 4.2}} AMSTERDAM
Pour Molokhlych very jiberally Though the committee have They had no idea that on the rice and "crusts until | published their findings after | Canterbury once had they are fully, soaked and 10 years the work will go on amphitheatre. covered by the green soup.
Adorn the plate with choice
from cellars left open to the The market wwks fem?? Prices pieces of chicken and lamb, and The excavations have proved sky after fire talde excavators 'closed “today, in milldate pat cat with a spoon after crown- that there was a settlement at came to the foundations of "an | kilogram, Ing the plate with some find Canterbury before the Roman amphitheatre of gigantic sizo.
follower vinegar and cubes of spring city of Durovarnum was built it had lastly, bagh, the big- opion
and that the Roman elf was gout in Romari Britshy push shave oftón" "heard --school tuli skri after the invadors of in all tho! Roman world; oquide children, in Cairo stræets singing A.D: 43.
NO. 2, TIMW
b.bil, a-şaked.
The spot market was report Bot ed firm, with shipment offer Ings on the light side. Future
July
Sept.
Dea
Маг
May
Sept,
RUBBE
71.000
68.90-45
€6.97 07.25-30
Premi
100.251 104.76
193.9 nom,
192.5 nom.
191.00
107.76
107.5-nomu
New York, Sept. 0. World No. 4 sugar futures to day closed unchanged; to 2 points higher
with sales of 40 con- Domenie No. 6 sugar futures, closed unchanged to 1 point higher with sales of 50 contracts. Both markete ruled quiet and steady on a routine trade while dealers awaited new develop 1656ments,
17.0
103.30
191,04
4505a) :: Futuro closings:
184.90
United - Prem.
Exchange Rates
Contract No. 4. (world) By A BA
Buxton wall done in tha, local Hom exchange market ALBUM umorsink al, the following rateazuka
Mar
May
Adollar (her. 91)
· natë
Tokidu