FIELD MARSHAL VISCOUNT MONTGOMERY IN TURKEY
THE CHINA MAIL, THURSDAY, OCTOBER 21, 1954.
Field Marshal Viscount Montgomery, the Deputy Supreme Allied Commander, Europe, is seen on his arrival si Ankara Airpork, for his recent two-day official visit to Turkey. He was net by General Nureddin Baransel, Turkish Chief of Staff-Express Photo
British Headquarters In Germany Nearing Completion
By A Special Correspondent
Bonn, Oct. 20.
The British Forces' ultra-modern combined headquarters west of the Rhino, now nearing completion, is the biggest and most expensive such building project ever put up by the British Army outside Britain.
The headquarters is expected to begin to move in at the beginning of October,
By Christmas, it is hoped to have everyone, families, office staffs, Naafi shops and schools, settled there.
raid
German
The entire
project,
Colonel
Grattan told me, has been built with an eye on spanding in the building stage, while the Ger- mans are paying, and saving on maintenance.
about
The site, in the Rheindahler, Offlcers say that it is not in- head- forest, mae Muenchen Gladbach, I tended
ů wartime has been provided by the West quarters and has no cellers or Geman Government, The cost air
shelters. Observers of the project, about 160,000,000 here believe, however, that these mJ.ks tovar £13,330,000) plus might be built later, by Bei Ish 12,000,000 marks (about
and not iroops,
by NO ROO) for furnishings. Js allworkmen of unknown reliability erming ou, of Occupation costs and discretion.
by Germany.
The front of the office block The only expose which Bri-faces n wide lawn, with a large pain with nga maar will be the parade ground for guards of
West DADANA BAArve after
Ger- honour Immediately in front of leading to the main the sleps many has revived sovereignty.
entrance. was chosen in the The ite
Colonel Harry runner of 1962
Anyone on that parade ground heating Galuar, of the Royal Engineers, will know that two floors above machinery. It will project has him, overlooking the square, ure wh.a
buy this been since it began, was faced the offices of both the Army and house
of virgin pine Al: Frree Commanders-in-Chief, urek wind Thice weeks Their design
Engineer zoning equal.
with
Jater,
the
forest und mary
The German water company offered to supply water costing
£20,000 a year.
But Colonel Grattan conducted bor
water- ing and built his own works. The result is an excel- Jent supply which will cast only
£6,000 steding a year to run.
There
is an enormous arco- German plants with
CON- jess coal than if cach Were to -bo heated
usn
TRADE and
COMMERCE SECTION
Ceylon Rubber Men
Rubber Men American Cotton Expected Better
Deal With China
Colombo, Oct. 20.
Trade circles were disappointed on the price agreed in negotiations in Peking for Ceylon rubber, it was learned today, th
A source said rubber men here expected a little more because the present world price of 22 pence now falls short only a little below the new price China will pay Ceylon. They had hoped for a bigger margin between the two prices.
On the whole, however, taking into account the reduction in the price of Chinese rice, the source said, trades characterised the new prices as beneficial Ceylon.
to
the price
Twenty-seven pence for athe £10 drop in pound of Ceylon rubber in ex- which Ceylon has to pay for change for Chinese rice at £30 och ton of Chinese rice will
a on are the baste prices agreed compensate for any loss on upon by Ceylon and China for rubber. It is stated that Ceylon next year in the five-year pact | wili rave £30 million from between the two countries.
this agreement.
The new price répresents A fall of one penny for rubber but
the
Chicago Grain
Market
EXCESS RICE
and
Consumption
Washington, Oct. 20. The Census Bureau re- ported today that ' about 815.315 running bales of sation were consutnéd fu the United States September, compared to 703,461 bales in the
the aimliar
month of, 1953, 2, 1
In its monthly Industry
on cotton
to
wrid
the
linters stafintion, Bureau sald 1,482,758 bales were consumed during the iwo months period through September, compared 10 1,480,848, bales in the dare. responding period of lab уске.
Cotton on handʻon Oct- ober 2 in consuming retake lishments amounted... · to 1,107,846 bales comparti jo 1,896,021 earlier.United
Prezz
HONGKONG
STOCK EXCHANGE
(From Our Correspondant)
Business done on the Hong kong Stock Exchange this morn- ing amounted to $329,264, Noon quotations and the morning's fransactions:
Puge 9
A Big Increase In East-West Trade Expected
* Geneva, Oct, 20.
A big increase of trade between West and East Europe is expected to follow the Economic Commission for Europe's current meeting in Geneva:
The talks are the first of their kind since 1949, Then violent quarrels caused a deadlock as Eastern European countries refused to lift embargoes
| strategic materials to the East.
Now the delegates are opti-
mistle. For this meeting Is the élrest outcome of ✡ Soviet
on
resolutish demanding the World Cotton
of
moval of ali obstacles to foreign trade and the conclusion long-term trade and payments 'agreements between East West." was put forward Inst
and
year by Russlan Deputy | Minister of Trade, Mr Pavel
Kumykin.
Markets
New York, Oct. 20. Colton futures, were narrow and mixed in quiet dealings to- day.
Closing on a reaction, the list was down 5 to 8 points. Opened points lower to 3 points higher. New Orleans futures filated points to 7 points lover." At the outset, hedge
saltin
Britain's trado for the next three years with Russia will emcunt to £270 million a year. If short and long-term agree-2 ments can be repched, it could casliy be trebled, according to reports put out by the E.C.E. FAVOURABLE IMPETUS
The quantities to be traded between the two countries aro about 200,000 tons of ried
50,000 tons of rubber. It under- stood the Ceylon delegation which negotiated this deal at Peking asked China for temns under which Ceylon would be able to ship direct from China
The raising of embargoes by scale-down demand from irade to Japan any quantity of rice in SHARES BUYERS SELLERS SALES materials is likely to give fav
the West on certain strategic interests.
Prices continued within a excess of Ceylon's requirements.
ourable impetus to the negotia-narrow range throughout the tions.
afternoon with hedging slightly
A government ometal cold Ceylon now has 60,000 tons of surplus Chinese rice and with better crops expected the plus 19. lkoly, to increase next.
year.
י..
sur
BANKS
HK Bank East Asia
1848 1800
*200
INSURANCES
Lombard
Underwriters
Я
to
DOCKS, ETC.
K. Whart ..67% Dock
22.30
Chicago, Oct. 20. Soybes na moved ahead on Board of Trade totlay strongly on prospects of a step- up in export sales, but the balance of the grain list slipped,
Small
of Foybeans Amounts seld were
overnight to Denmark, and exporters sald Western Germany, Holland. Japan and Formcsa olpo are in the market for beans.
Except for scattered sales, domestic flour business and CX- port trade in wheat were slow,
Meanwhile the rubber plant- putting pressure on the futures.
scheduled to buying Advisory Board has decided Portugal 350,000 bushels of U.S. wheat to ask the Ministers of Finance next Tuesday, however, and ex- and Agriculture to release five porters foresee
million rupees no increase
from the Prico. their business because of crop, rastie cut Tr next year plants Stabilisation Fund to avoid a fellures in Europe.
in
Wheat closedoyo 1% cents, (soybeans up 1% to 3 cents.
At Winnipeg, wheat was priced at 102% cents for No. 3, and for No. 5, it was at 155% cents per bushol-United Press.
CHICAGO GRAIN PRICES
Chiengo; Oct. 20. Prices per bushel in cents:
Closing pricza
run
Wheat, No. 2. red
Spot Dec. 210(1) 21n(L)....... MAT. May July
213n 218-21811⁄2 - 221 21046
23934-14
separately. is precisely. The plant, which can
can be with
very few mon, uses about officers, told
day when plans were ready and contraris me that efforts had been made 200 tons of coal a had been handed out for laying not to give the General some- fully extended in the depth of Corn, No. 2, Follow down 20 miles of concrete road-thing the Air Marshal had not; winter. way so that all parts of the site or vice versa, could be reached.
The roadway
was completed by March 1953.
The aile, nearly 1,000 acres, is
covered
пош
with low white buildings, sports fields,
Naval C-in-C
Ja
14236
Japan, which had refused buy any, surplus Chinese rice this. year, is understood to have ex- pressed willingness to consider buying Ceylon's surplus next year.
Ing programme and to, maintain. the prosent rate of the planting salleme. United Press,
World Rubber
Markets
Singapore, Oct. 20. The rubber market was very steady on short speculative |covering, Oversons enquiry was. fair, and fair interest in mil's Future and blanket crepes. closings were:
No. 1 rubber per lb.
November..... December
January
No. 1 rubber per lb.
November
No. 1 rubber per ii..
November No, rubber per lb.
November
£1
The steam is pumped under pressure through a main circuit of about one to one and heat is half miles and the Laken up by smaller converter
These heat their own Nye stations. circuits, which in turn heat the various bulidings.
Spot
Dec.
Mar
May
July
Dec.
13312
Spat rubber unbaledi
The
The
four schools are to be run on normal British Hnca by British teachers.
Two
Mar.
Data
Dec.
Mar.
80-79%
offices, On the floor below, the housing blacks, waterworks, office of the Naval Commander- schools, heating plants, Naad in-Chief.
There is no provision shops, clubs and messes in i for offices for a possible future various stages of completion. German army liaison team. About 7.500 Bellish and 2,500
schools, for 500 children Beyond the lawns, and to the Germans will be housed there.
and left of the main head-oach, will include rooms for the right and Some 200,000 large and 500,000
block, stretch the few Belgian and Dutch children Soybeans, No. 2, yellow quarters small trees had to be removed married quarters, offices, and on the site, who will have their from the site, and Colonel canteens.
bre 1,120 own teachers... Grattan had to order. 10 tons of married quarters, 138 barrack wax just for the floors and wall huts, 19 messes, four clubs, four to 250 children. panciling.
The Reason
The reasons for moving
There
J
Spot
A third school' will be' for
200.1
Nov
Jen.
May
July
The fourth will be a secondary schools and 17
sports grounds.
fichool for 400 children between The Germans are organising a
the ages of 11 and 18. The Barley service through the camp children will be brought to and bus nnd to the nearest GermÞÚ
as from school by their own bus towns and villages, such the Rheindahl, which was founded services if necessary. headquarters from its present by the Duke of Cambridge
even has its Bad at
Oeynhausen, a
museum, complete with No Recurrence pleasant, spa town on the road own to Hanover, have been given by Roman and subsequent remains the building General
during Gale, found
the operations.
There are also two hotels for
site
Sir Richard Commander-in-Chief
Rhine Army.
said
ot
1370. The camp
Of The
.*
274150
2794-200
Blanket crope
No. 1 pale crebe ...
/16-77-11/10
unquoteis 7715-7745
070
NEW YORK
Futures cipaed today 30 to 45 points higher with pales of 157 contracts.
ware
130-150
3500 14.40
Provident (0) 14.30 14.50 300 # 14.40 Wheelock 7.70 7.80 2400 -74
:
other
against new crop glarings and scattered liquidation supplied
Month
were
Volume Open interest
in
excess of price fixing. Russia ant ficr Eastom
Part of the offerings satellites want electrical goods, presumed to
represent nill machinery of all sorts, cooking liquidation of long positions in utensils, cargo ships, and certain futures following the acquisition foodstuffs. In return they are of spot cotton in the south. prepared to exchange grain and
Trading volumes and open foodstuffs, machinery, interests in the Exchange today wood pulp, oil fiels, and raw were: LAND, ETC.
materfois. HK Hotel 10.70 10.90
Both West and East Germany Det. BK Land
58 saja S'hat Land
14000 1.40 have scht full delegations, Humphreys .. 20.20 2012
The only European countries 230 (20.30
are, Ireland, July 500 to 20.30 not, represented" 230 # 20.30 TITLES Realty XD 2.10 2.13% 3000 2.10 Spain and Portugal. Fram
· 16 10.30 850 € 18.10 Star Ferry Youma Ferry
'Light (D)
132
4500
C. Light (N) 12.70 18.40 300
Electric
700
Telephone 37.50 27.46
INDUSTRIALS
Cement
2450.
500
009. ZE SEIR ****
Hope STORES, ETC.
Dziry Walion COTTONS Nanyang MISCELL
Yenguze Ailled
171
24.70 $1.00
10:90 17.30 200 6 10.00
10.10.
4.15 41%
150 or 10.30
2400 10.10
Convertibility Warning
Plea To Open
Alexandra
Market
Liverpool, Oct. 20,
Dec.
Mar
Miry
поле
40,200 30,900
28.300 9,100
Oct.
Dec.
1.000 2,000
Mar.
200
Total
TE
2,500 617,400 617.500
344,300 96,900
02:00
11500
2.612,500 kales
NEW YORK
Prices of futures closed today
as follows:.
Spot
May
JULY
Oct
Dec.
NEW ORLEANS
Prices of futures, closed today.
Spot
May
The Liverpool cotton futures marke: is sending by air to Cary as follows: tomorrow a delegation of im port members to discuss with Lee. the Egyptian Government the Mar. possibility of re-opening the July Alexandra cotton futures market Oct.
Dea. carly next year when Liverpool Star. launches its new contract) for long staple enttons.
The delegation includes Mr A. J. Kentish Barnes, President of the Cotton Association; Mr John Corey, Vice-President; Mr A, H. Dixon, the Secretary; Mr JT. Porritt, one
of the. directors: and Mr D. F. Stead
LIVERPOOL,
Future' closing prices, Amérin, can middling cotton, 18/16 frich, in ponce per Ib. were as follows:
Oct/Nov.
Dec/Jatt Mar/Apr.
→May/Jzno
July/Aug.
37.14
20 32.24
* Official, values for 'spot cottons
American midating
London, Oct. 20.. Speaking at the Lord Mayor's banquet to the bankers and mer-erber specially famfilar cludes
with the Egyptian market. chants of the City of London, Mr C. F. Cobboil, Governor of the Actual, negotiation with the Bank of England, cautioned the Government are due to start on as embled bankers not to make, October 26; the missión, hopus-
fetish of "the convertibility of to be back In Liverpool by sterling."
November 3.
of
trading
18/18th ch 71, 3301 11th Inch
* Mexican, middling
1-132nd inch
Otters were unchanged.
futures The raw
KARACHI
34.14
cotton fluctuated
The Alexandra
1952 but Liverpool traders air In futures, including announcement which expoated cover about $25,000 bales of long staples, ceased as far back
staple as March 31, 1841, Trading, in long
types cotton for Pakistan. American middling edtions futures was resumed last May.
United Press,
"
He said: "I am suspicious of The market was quiet but the word convertibility, werd market was closed down when awaiting American als steady with no consumer in to ask even this di tinguished terest reported. Most of the audience for individual defini-November activity centred on the exchange. tions, I believe that I should get
In the spot market, No. 1 Ris
quoted at 2734 cents, surprising variety of answers. To my mind, this is not an Future closings were:
absolute question but a question of degree.. I do not reengren wall behind which sterling le‘In- convertible and in front of which it is convertible. Rather do I sco
aceplechase Long course with fehere to be jumped at intervals, bome differ from Thol market was very Arm others but with a lot of steady plodding In beteren.” United PICES.
Spot
New York four
Dec.
Mar.
200 lb. sack
$14.70A -United From
May
July
Sept.
Dec.
WINNIPEG GRAIN PRICES
Winnipeg. Oct. 20. Prices grain futures closed to-
LONDON
$7.59
27.18
27.00
24.64
20.08.
Ho that the buildings transit guests and two cinemas. Pilgrim Affair day in Canadian cents per bushel with No. 1 Rus spot quoted at requisitioned by the Army
in
One
of Colonel
the Oeynhausen area would in triumphs has been the intro-
ofTM
of
expanses of good any case have to be given back duction
The Government has taken soma time to
their German English-type lawn. Germans
He action to prevent a recurrence do not understand grass he Owners
But of complained. Moreover, the present site
the "Pilgrim Affair" in which July one of his the headquarters had boon officers was af nurseryman in a man committed suicide be- chosen ; when the role of the civilian life and Briuth Army in Germany was trees, and, grund, understood both tause the local authority com
as follows-
London, Oct. 20.
Oct. Dec. May
Пуб
Ciet.
chapbo!!
bectar
Kivon
them when
pulsorily purchased a plece of Once land £65 that he had The housing is "War had standard housing with some bought for £500
The suicide of Mr Edward have, for example cellars, on which the last month was raised at the insisted since,
conference, Oct the come Conservative
and caused contro May How scattered, will henceforis whole project will revert
the British Army throughout the country
Dec.
ay
July
13EC.
May
July
Deu.
to
purely that of an occupying force, Since
the
role
thebeadquarters site modifentions to Germani; tastes. } pilgrim":49, of Remford, Essex/
Se Thor by Changed too.
had to
Army headquarters, which
Air Forca and
THE
are Germans
“bà, in thể vsame block of bulldunun e Germany. - Each house Any amentiamat - 18, bơing in- |
Irige. At present, inter-services have has what is describe
Eo-ordination - has to be carried
by long and tedious journeys.
cause of the
moveyors berpis.com
Ve
strictly Catrategie. It
ohi commen sanse stoj to
** Headquarters in
bién could be reache
ed
aan infant sind, dog-groof
troduced a bill now roing "through" Parliament which will
enable a Minater car suthoriso
special paythan in cular cos New York Stock
Market
of this kiidachlose Mall Special
Badles Identified
2547 pence per lb.”. Pr
Bälllemast house. terminiZOR
Deg.
Generst
Oct
New York Foreign Exchange
(England
2436
ipor
New
LONDON WOOL TOPS MARKET.
London, Oct; 20,- Wool tops futures market abced steady but the trond downward was resumed, though.
hlsochwalts.the news of Japan. It is reported that the market Pakistan agreement which ben, ieved to be conluded Boon. Prices closed today in rupees per mkund as follows:
4-7Sind roller-gaffined; vý 280 TNT Sind, toller-ginned WALDATT 289 TNT, Punjab,» rollereginned, 18 mv-gloned or *De-United "Prik
moderately. Turnover. w New York Sugar
lote: Clöking priccain”, pénce
per 15 were
October
December
TOPS
Market
Now! Torks Oct, 20 World No closed today 1 point point lower with sald
estio?
points