Page
CHINA MAIL BOOK REVIEWS
France's Seventeen
Crucial Days
Hard P Sir
Winston
Churchill's Moth birthday before
E11
ון
"Ma mandis has been rated
few stelures
111
reaner n book which contas beats The pepk can no as many vivid snapshots of longes durven the fare of France Bitain's wartime Prime through the vand peditirans have
well be thrown own it Minister
Ader packvil
At DISP volume
General de Gourlies he was one and 17 eruend days
my staff arsel wede back, tkw to bid him how by th I gave us the aule and selet 1. The h Marshal he enzel ca pentana vă Etruen 1+1 Genetal what one tres Joan of Ar Gear
The book by Map Gord So Elwind Sprit
P
perenal regis sentative with
P
Manu Ma 14 M Hood
amet June 1
Master
msweer deo
1940
when we
Viva!
The dete
at the longe
11
Jean & AR
t
·
etconfrate
The Unzon will
shule CRN agst the power of the Cray, to inalter And where the battle may be thus
584
Curchill sud.
the
tephane Inan 17 ndon dicluted to General de Gaulle, who was here, and Reynaud look them down himself "Dat Churchill
give you this personally he arked and then he was anak- ing in English De Gnolle Mud SPORTS
linded the receiver to Churchili, arthur wir assured Reynaud that it was
Spears Cabistat dreist.
itsmaid p the receiver Have you put i dossie
transfigured my speech on Joon of Act the with par And Coral Spears
and fandeng gathered the sruttered shoots of - Marha; Sod
star text reprefa not IN STOR
open up and dashest off by the we!
16.0
I have them lt found the typed in time
The French and calunos mæling, almost duæ. cattlesh down Lo 1y tbh! £r Te"iwtis FEMNES SAMO
The Fall of France, June 1930 Charter-Staff
Candy Bar
Whe
in Litla General Spa folk
..
Melon read about spatch, as the fath
tayed
J
1
i he
V .1450
PASS grott
I
sint stage
the day 1 Valittic
st
wh
On "Presina ter Test cated
M
152
Su Winston
deadly,
Fern
Dynh k
(M
who became Pture M
met-May
2174
1040 when
tha catened
of the anat pesterial
י
of
Mandei.
י !
Wir
JANNEY
meyat.ble
11
As
This LE
Mudany Proper Piles (Revind's mistress?
th
fo dent a secretary two paper, she sleptal behind him and renc over his shouldvy, holding his arm to prevent his turning the to read pizes ha fast for her
curtly the
pen pictures
121
at the Germans ca a aerumat Jenteze of Elias day of Prunes' but cruggles belie
41
bit
H!
19th Conquistader 2 be sad, ties on the Finnen. Betish secde an a rode, szophotic pun
The utter devertbes. Gorge Fivach
wel | Maleler few refusant
that
kzders. frankly
sketcheri
11
T
The bes,tant.
left:115%.
tat
Fred dext whol
Lexin 11
I told bun 1 has
C
#
age ist be typed without munnvat's delay.
TO RESIGN
The Cabinet meeting brok two atud a halt fraues, and General
guably remodele with eyes Bred | Bateign land on 1 that any Spears and Str Ronald Campbell, Sin the fact horizon, are deltly one should Butikk he was running | the British Ambassador, rogan the Germans, and to augur ill from the delay; paid for a with has lif as " Then an emissary came out and "The President of the Kind: quale ampervious to ptr=| Council (Prime Minister) Ls 11 is a reptilian oing to tell you he is going to not endearing but wholly | itslam.
The porture of the Thera British came Minister on his m Up to France, cortex hay 12 Laricanes to make with the
French Idlers Canselatbe Fure, the: at of Orleans un June 11, after the Government had alrendy left Parts
only Frencluman
cumstances
"
I
nest
who
But there is to warmer peluru of Mendel towards the end of the bolt, in the darkest days at
At Briare afeld, the muthor | Bordeaux, after Reynaud had
say, "Within, m bluck. Jean-
ing
his stick, strid alpsuit |
**
If he had left wil
his presccupations in the plane I wie one spot
and her renchert the
in the world be most wished to visit at that particular moment. He inveyed the impression that the wag patrner had been well worth whily since at last it as vonchufudd to than to walk about the nerodine of Briprt **
AI the
wele Sir meeting Winston. Mr crew Sir Anthemy Eden, Gerwaal Dill, Land Ismay Iva
for the British. and
the French. the Fraich P12148 Minister, M. Paul Reynaud, the
Commander Fanch General
Gramal
་་་་་་
in-Chief,
Weygand,
Maxime Ganges, Marshal Pettus
and General Charles de Gaulle, recently impointed Under
Secretary for War.
sharp exchanges
Alley Mine
between
Churchill
French.
and
the meeting held
General Weygand's house,
General Spears went through
a moment of plain horror, readie-
ing that this was the und, and
that France was leaving Britain
1 fight alone.
A moment later, he was filled with amazement, when Reynaud was as if walk- appeared. "It
ing Hak a wom
ta condule with
a wikower, une was confronted bridegroom....It was ob- that b was imminensely
by n vious
i relieved."
a
The sudden resignation led to
Complication in Lond Churchill, the leaders of the Labour and Liberal parties, the three Chiefs-of-Staff, und other
important people, were all about 1 set off for a meeting with the French Government at Concarcats, In Brittany. They wire already at Waterloo, when they received news of the new
of events and their journwy was cancelled,
General Spears' final summing- up of Reynaud was: "He bad always been quite straight with us, had never double crossed" for the at had fought
tor the best of his men stronger
us
the
Allance
ort
**14
large matresty of red lolister-
brick" caloured
and icon -
guously
named Lily of the
Valley Castle, petered out.
The
The muthor
follows
his
neunt of the serious proceed -
ings with a vivid
Churchill
wext
snapatut of
morning.
Churchill, staying at the castle
51]
期
Weygand's
guest.
separated from his companions
his detective,
Thompson.
who used to minister to
needs on such sudden journey-
Ings. who were accommodated
In a special train.
SIR EDWARD SPEARS
author of the book reviewed today.
*Two French officers were given place
Onishing their cafe au la in
Lo
the dining-room
kimano
white
over
detentists,
ability, against
than he and bitter opposition in
feared
s most intimate circle." General dic Gaulle
by Weygand, and Spears, feeling his task in Franco was
urrcs!
୦୧୯', took leave of the and of Mr Oliver Ambassador
Hurvey, (as
In which the
he then was) and
left with de Gaulle in the plans French General hat only returned to France the day before,
"We landed
look de Stem,
the
میں
THE CHINA MAIL, FRIDAY, FEBRUARY 4, 1955.
TRADE AND COMMERCE SECTION
HK MARKET DEPRESSED Formosa Uncertainty||
Brings
Further
Falls In Share Prices
By A Special Correspondent
There was a further decline in prices on the Hongkong Stock Exchange this week with the continued uncertainty over the Formosa situation. However, selling pressure has been on a slight scale and, according to my information, confined mainly to Chinese investors. The majority of the losses have been small.
Big Rubber Consignment
Singapore. Feb. 3.
A Brit freighter E leaving hero on Friday willh 1,200 ions rubber for Japan - the biggest single consignment of rubber to be carried by
steamer since the start of the freight war on January 14,
here
were
THE
NOTICE
HONGKONG AND SHANGHAI BANKING
CORPORATION
Ordinary Yearly General Meeting
NOTICE 18 HEREBY
NEW YORK GIVEN that the Ordinary
STOCK
MARKET
Yearly General Meeting of the Shareholders of tho Corporation will be held at the end Office of the Corporation, 1 Queen's Rond Central, Hong Kong. on Friday the 11th day of March, 1955, at Noon for the purpeso of receiving and considering ally easier and quiet today. the reports of the Directors
New York, Feb. 3. The stock market WAS highly selective, and gener.
And
A spokesman of the P. Traders paused to size up the und of the Auditors and the a O. Steamship Company market in the light of its 11- Profit and Loss Account and here said that the 1.200 seaston advance, capped by h Balance Sheet for the year Cons of rubber
| mild correction yislerday, WRN
ended 31st December, 1954, noceptable
per at $14.80
generally turned their attention ton (Malayan),
from recent favourites to other | and for the election of Direc- issues. Representatives of Japan-
tors and the appointment of +50 shipping Ines
Auditors. they said quoting 316 per ton but Brokers
Indicated that they might said yesterday they ; next month,
Tails expected furthes
to lower the pany's carnings are lower than
if necessary to Bext week.
last year's and it will be recalled
Toads for steamers ret that lost March the company
which are due in a few paid a $4.50 dividend with a rider
daya-United Press. by the chairman that the com- pany might not be able
maintain that dividend in the next Anonetal year.
In
Practically every section of the markel war affected this week.
Hongkong Whaves and Docks were the gIVAÍNÍ Josers.
will Wharves
showing a $ loss The sellers quote on the week
1 hear the com-
to
REALISTIC LEVELS Both Wharves and Docks, 15
and Dorks Vown $230 on the result of their falls, returns werk.
Thr 10 per wwnt 11 11 Wharves, 1 understand, is due largely to anticipation by the manket of a reduced dividend
TODAY'S SHARE PRICES
(From Our Correspondent)
Business done on the Hong- kong Stock Exchange this morn- ang amounted 40 3904,775, Noon
and the nuciations
marting's transactions"
AMARES BUYERS SELLERS SALES
BANKS
mware realistic levels, however, cannot avoid concluding That they have been way above Their true Ivvels in recent weeks.
Banks
wete
werv
Wfected.
Unions ! Lighth
The down
week, Banks by $13 on the local register and Union by $7/2
AR utilities Trims have fallen $1.30 to $21. Yaumatis are down $6 to $179, Lights have lost 70 mts 10 $17 40. Electrica have lost $1.25 1 $374, and Telephones, about $2 to $32.
Wheelocks, steady last week, slipped down to $7.15 yester-
day.
WATSON'S DIVIDEND Dairy Farms were also insers on the week.
Watsons have dropped back
the 52 following unmunce ment of their dividend. I hen. The market was somewhat dis- appointed with their $1 dis- tribution and had been expect- 2100 g something in the nature of
$1.50 to $1.70.
*K Bank . 2005 2100 1 or 2110
INSURANCES
Union
Underwrit DXHS, ETC.
K. Whart Duck Provident
Old!
50
140 905
2000
14,03
Wineleek
100
LAND, ETC.
FIK Holi
HK Lond Hengreja Really UTILITIES
Tram
Star Ferry
Y mati Pervy
20 2
In the Rubber section, prices 10.30 also eased following a slight fail
10 20
500 + 15
100 7,15
0000
13 2000
18.10
00:00 13. 1000
14.00 000 0015
4467
26.450
DOO - 24}*
2.07
210 1
220,0x
700
179 YOU ♫
103
170
17 2006 17.10
2000 a 19.10
1500 ve 17
1600 16.80
500 10,00
C. Ligal (N) 13,80 14 20 1000 ₪ 14
Beetste
381 381 0000 37,
Telephone INDUŠTIUALS
Cement
STORES ETT.
Dairy
in the price of raw rubber in Singapore.
One of the few shores to hold
its ground this work was the Cement Company which at
$41 42 is rengʊnebly steady,
If anything, the market lost
a little ground yesterday carry- ing lands and the Utility group a little lower.
World Rubber
Markets
London, Feb. 3.
The rubber market was easy,
Prices closed today in pence
|
World Cotton
Markets
New York, Pb, 3. Minor price changes and a slow trade featured collon futures trading again today.
After
see-sawing within
Sight-point ratige, the list closed net 3 lower to 3 points higher Opening price: were up to off point, New Orleans closed off 2 to 4 points.
Forchild Engine, ገ activ: feature yesterday on talk of a large Government contract, con- tinued in demand and closed [more than $1 higher Bendix garned more than $2. and Glenn Martin almost $2.
Standard Of (N Jy slumped more than $3 when directors declarec 11 vidensk some as failed to pald previously, bu ord
the TUNAY If
tork spilt which The anticipated. drop in Jersey accounted for a goot part of the $1 24 loss in The infustrial average.
STEELS LOWER
for sleeis also Lower prices weighed in the average.
A three-for-arc stock split Proposal and higher earnings for Texas Gulf Pro- ducing brought out realising that inck by the tune of $3.25.
report
Shipbuilding shares continuoet strutt with Bath Iron Works up $3. Newport 52.
Uneasiness over the Formosa situation acted to hold selling in check, but buyers were equally Metais ako were good perfor slow to go too far out pending | mera. news plus Washington developments on farm legislation.
T
Most activity huppened at the opening und close, in between time the market idled in a narrow range with Jocal profession idle going in and out while trade
nterests switched contracts,
Trading volumes and upes in- bercsts in the Excttige today were:
Volume
Open Interest
501,400
1.161,000
Rais were virtually neglected.
Out of 1,202 issuca traded, 505 were higher, 430 lower.
Trading lightened to 2,890,000 share from 3,202,000 yesterday--- malest volume in nearly two weeks.
The New York Stock Exchange bond volume was $3,700,000.
OF
THE REGISTER SHARES of the Corporation will be closed from Friday, the 26th of February to Fri- day, the 11th of March, 1965, (both days Inclusive) during which period no transfer of shares can be registered.
By Order of the Board,
MICHAEL W. TURNER,
Chief Manager.
Hongkong, 1st Feb., 1956.,
THE
-
NOTICE
HONGKONG
AND
SHANGHAI RANKING
CORPORATION HONG KONG
Extraordinary General
Meeting
NOTICE 18 HEREBY
an that
Extra- GIVEN ordinary General Meeting of Shareholders of the the Corporation will be held at
Hend the
Offico of the Corporation, 1 Queen's Road, Central, Hong Kong on Friday the 11th day of March 1956 aut 13.20 p.m., or 1.43 afterwards as the Ordinary Yearly General Meeting is 170.83 concluded, when the subjoined resolutions will be submitted
DOW-JONES AVERAGES
Dow-Jones closing averages today were as follows:--
30 industİNİN
Month
March
29,500
May
22.000
July
17,100
October December
0,000
200 200
700
127,000
March..
3,300
74,000
May
2,200
70,200
July
L
Total
200 92,000 2,044,100 hates.
40 bonds
NEW YORK
Prices of futur a closed today
Mor.
الله
Fall..
13 ulistica
Comit Culare price
405.03 143.02
149.07 100.30
United Press.
Singapore
Stock Market
Singapore, Feb. 4. Brokers today
to quoted following stock prices:
Feb. 3 Feb. 4 Closing Opening
33 33 d
ns follows:
Sport
30.10
Mar.
34.01
May
34,
July
30.21
Oct
35.22
Dec
39.30
Mar
35.60
May
July
33.45
1000 * 30
700 30
NEW ORLEANS
1000
31
32 700 D
401% 40%
100 * 415
1000 m 11
per lb. as follows:
Prices of futures closed today as follows:
500 1044
No. 1. Ras apot
2011-201
Bettlement house terin
Bpot
34.30
23.20 230 23:36
Mareli
2914-2922
34.58
British Borneo Petro. Jours Byndicate..
Tin Connollitated
Sinelters, Ordinary
500
23.30
April/June
23-294
May
34.01
Jel
Sla
500
23.20
July/Sept.
2015-201
July
33.10
Fraker
And Nenvo,
4. Crawlerge COTTONS
20.40
Oct/Dec.
28-201
Ort.
23.21
Ltd, Ordinary leue $2.04
62.01
General markets, cif basin,
Dex,
*3.23
France end
Neuve
Textin
13.03
February
Маг
25.42
Ltd.
75
Cum.
pret
$0.60
$0.00
MISCELLANEOUS
March
May
Yangiare
... 0.00 0.00 500 #
4. 093 2000 68 2000 or 8.90 | Estato crepe
Apri
July
35.40
Hongkong & Shanghai
Bank
Extate crepe thick
thin
NEW YORK
StoreLe
stance
(Colonial legister) $1110 Malayan Rafi Hotel Singapore American
Corporation
Breweries 84.00
$4.00
3.72 $2,72
Cold
$2,00
$1.06
Ith
$23.24
$12945
Steamship
Engineers
$14.00
$14.00
$2.00
$2.00
Us Bd Bs 3d
.
LIVERPOOL
Future closings,
Futures today closed 45 to 70 middling, 18/10 inch, in pence South
New York Sugar points higher with sales of 177 per lb. were as follows:
Market
New York, Feb. 3. World No 4 Sugar futures
closed unchanged today 1 point higher with sales of 386
contracts.
Concer over velopment rallied
to
ot
Triti Stralis Trading 32.31
United 3247 37.77-20 Ordinary Ime Wearne Brothers Hongkong Tên
32.13 22.12 coltons
Mar/Apr. Formosa de- May/June the terminat uly/Aug. Oct/Nov. market after a shaky start.
Dec./Jan Spot No. 1 Rss were quoted Official values for spot
35% cents a pound, sellers, include:
15/10th inch 38 after the futures market closed, American middling, with buyer! backing away. American 8. L. middling Futures closings:
16th inch 29.74 Mexican middling
1-1/32nd Inch 34.52 Others were unchanged.
contracts,
Domestic No. 0 augr futures closed untinoged to 2 points: higher with rales of 07 contracts.
Trade buying
ordere
pre- dominated in the world contract. Another trading feature was the posting of 91 contracts in nearby March against transactions in actual sugar.
Mar.
May
July
Sept.
Dae. Mar,
Domestic futures ruled quiet and steady. Future closings? Contract No. 4 (world)
March Miny
3.18
at Heaton Gaulle to Downing Winston was sitting in garden enjoying the to Petain and the sunshine. He got up to rest
General Spears
cars his guest, and his amlie of wel- warm and come Was very the conference room which was called on Mandel st night, whe
hen it was clear that oll was over, friendly," when
"That is the end of the book. and begged hin either to take the big double door burst open astonishing
Aircraft to England
A next though not of the story. In and they beheld an
which sight, Generri
newspaper Spears writes. morning with him and General Bordeaux
theyde Gaulle, er to go in a British | General Speors had opened on "An apparition which, they
destroyer which was lying off the flight to England, was an ald, resembled дл angry
****, the city.
article by Churchill on de Japanese genie, in long, flowing
Gaulle's return to France a day other red silk
"As he said nothing, and re-ter imilar
the British earlier, but
In which garments,
membering the lady to whom he Prime Minister said that he girdled with a white bolt of like was deeply attached, I said there "carried with him, in this small material, food there, sparse hair would be two places for him." on end, and said with every sign But Mandel replied: "You fear France.
aeroplane,
honour of anger: 'Uh ay ma bain?”
Kor me because I am a Jew.
There are many other tolling Jul Well, it is just because I am a
flash-backs in this tree tale Jew that
will 1104
Eve Curie fits across the pages, tomorrow."
dainty and charming in a blue General Spears never
saw and white summer frock, fred a patriotism which was on the orders of Vichy in the
abeent in forest of Fontainebleau on July others.
"He WDB 7, 1944.
..
And there is Churchil's small great man....his courage aste
astounding," "black cat, Nelson, who appeared at dinner at the Admiralty and Spears comments. Finally,
Paul constantly foreuse. Winaton's the French Prime indulgent attention by his out- Up ay MONG bain and he Minister, a complicated charac-rageously feline behaviour, me a
ter, tom this way and that, the very spolit cat will.” chuckled.
There is, too, a ziking sketch proy of bad counsellors.
Paul Reynaud is perhape best mixture of the documentary of Marshal Petsin, whom the author Visited in his office on depicted in the last vital scono, (taken from Gonored Spears
was done in the local Churchill the Boulevard des Invalides when
exchance at the tune and the while the French Government momentous message to Bordeaux plainly inimion the latter porn at the flowing rates:
doder (per) $33) Bullse still in Paris, The old offering Franco a Franco-Firkish nspect throwing-platana even piensokeri per €15, Marshal had a map before him, union in which citizens of both more ligbe on the tragic lartindoredan rupiah, (ver, 100), Tracing the battle front, he said: countries would enjoy a com- days of France than the formers Sample Dwg 106)
Bintanare (8%94) V This time there are no reservos, mon ellibanship.
-China Mail. Special.
RADO-GIMGA plástros (per 100)
GUILTY VOICE
Years later, the author odds. Mandel sgoin. He was murdered wine ni 100
reminded
SIT
he
Winston Churchill of the incident.. Tho Prime Minister's expression was startled concern. In a one of star slightly guilty voice, in which rang a note of enquiry, he said: "I suppose I ought to have sold
Wis
Reynaud,
ther
Altogether
evnt his notos
September Spot-cenia per lb. fob. Cuba)
Contract No. 6
BM
5.31-82
B.56
March May July September November March
May
#podcents per lb. eft, KY
`ex-duty}
8:46
Fiv
AMSTERDAM
30.50
35,76
33.15
34.75
34.30
33.50
The rubber market was quiet, Prices closed today in guilderş per kilogram, CIF Feb, as fol-
lows: No. 1 rubber
No. 2 rubber
No. 3 rubber
No. 1 crepa
2.00 nom. 2.80 nom.
8.45 nom, 3.28 norn,
The Singapore rubber prices WETO not received. ---- United Press.
CHICAGO GRAIN MARKET
excelent Exchange Rates by low export-demand, favorir
Bom
UNBREINI
.
SAO PAULO
Futures closings, in cruzeiros per kilo were as follows:
February
March May
July
October
December
29.97 29.90 31.10
cotton at 10 designated spot
| Petaling Tin
$20.29
1110"
$124
$16.50 $10.50
$3,801 63.601
cum-div Cum-capital brale.
with div China Mall Special,
Union Carbide
&Carbon Corp
New York, Feb. 3. Union Carbida and Carbon Corp, announced today it will act to an adviser in the design and construction of a new $75,- 000,000 plant at Ravento, In tho United States, the Italy, to manufacture synthetic average price of 15/16 middling rubber from natural gas.
The plant, located in the Po markels was $1.20 cents. Sales Valley, will be finished
in at these centres totalled 16,200 about two years. Its primary bales-United Pres.
function will bo to supply butadiene for the annual pro- duction of 30,000 tons of Gr-S type synthetic rubber and 350,- 000 tons of nitrogen fertilisers, ----United PresT,
New York Foreign
Exchange
New York, Feb. nomelal
England omelai
30-day
Chiongo, Feb. 3. Nows of a throutoned invasion of Formoon by the Chinese Iteds. brought some demand on the Board of Trade today and boosted prices from the 'day's ・lonya,!
Futures carlior wero depressed
mble:weather and crop reports, Australia and a heavino on wheat and New Zealand Much of the selling South Africa in wheat
and soybeatis Was Colombo credited to nocent buyers,
Whoat closed off to 1; USERRY | soybeans off to up 1 emt- Others were
United Pro
Paru
Pradelatars":
From
fulures
London Foreign Exchange
New York
Amsterdim.. Paris
Wort Barka
Zurich
„United Olhors
wore
но
zoon
as Ordinary Resolutions -
"1. That the capital of the Corporation be increased from
million twenty Hong Kong dollars to twenty five million Hong by the Kong dollars creation of forty thou- sand new shares of ond hundred and twenty five Hong Kong dollars each.
of
2. That: (a) It is desir- able to capitalise a sum of five million Hong Kong dollars being part of the undivided profits of the Corporation standing to the credit of the Reserve Fund and Accordingly that such sum bu capitalised and applied in payment in full for forty thousand of the new shares
One Corporation hundred and twenty five Hong Kong dollars each and that such shares credited as fully paid up be distributed amongst the shareholders who on the 11th day of March 1955 wera registered tho shareholders *of Corporation in the pro- portion of one new share for every four then held shareholders by such respectively and that auch shares shall rank for dividend no from the 1st day of January 1955 and shall in all other respects rank pari passu with the existing shares of the Corporation.
(b) The Board be hereby authorised to allot and Issue such now sharos for distribution in the manner and proportiona 'nforesaid.".
By Order of the Board," MICHAEL W.. TURNER,
Chief, Managor,
Hongkong, 1st Feb., 1955.