Page
THE CHINA MAIL,
SATURDAY, AUGUST 13, 1955.
Pare
A Case Of
APE
1orld
Interesting
Cut-price 'Ford' Shares
Will Be On Sale Soon
New York.
By the end of this year thousands of Americans may be able to sit back, put their feet up and muse in the best capitalist tradition: "I own stock In the Ford Motor Co."
to
It will be the first chance the
had man-in-the-street has own
a slice in
richest the privately held company 111 America.
Some Ford stock definitely is going on the bluck. How much, and when, bas not been un- nounced. But the best guess on Wall Street is that the stock will go on
on sale late in 1955 or early in 1950,
and the price may be as low as $60 a share.
Housewives salcamen office workers.... people who have never owned a share of stock in their lives are expeeled to scramble for chance
buy.
They'll buy it, no matter what the price," said broker.
Present Holders
one
Seasoned investors also want their share. The name of Ford is as bly a lure on Wall Street as on any other strect.
The actual seller of the stock will be the Ford Foundation, which has almost $500,000,000 in e 'ets. and is the biggest phalanthropic trust in the world. The Foundation owns 3,080.080 shares of clasa A Ford stock, all of it non-voting. Members of the Ford family hold the 172,845 shares of clase B, voting stock.
The Foundation plans to sell part of its stock in order to
to ea
diversify its holdings, In order out such a sale, Ford carry must issue a public financial statement, and up to now Ford's Ananelal balance sheet has been One of the business world's best- kept secrets,
Since inlividual shares of Ford stock are probably worth loo much to interest the average Investor, Wall Streeters expret there will first be A stock "Split"-creating more shares of stock and decreasing the value of each one. Some guesses are that the stock put up for sale. will run between $50 and $70 a`share,
Fortunes Made
No maller what fortune awalts the Lew shareholders, they can't expect to do as well as the original backers of Henry Ford, Sr., who were willing to speculate on the of Ford's "horseless BULCERS carriage."
When
Ford launched his company in 1803 a dozen stock- holders subscribed a total of $28,000 In cash
for the original 1,000 shares,
One
Delroll woman - schoolteacher-invested $100 for a single share. Over the next 16 years she received $95,000 in dividends, and eventually sold her share to Ford for $200,000.
Ford bought out remaining shareholders in 1919 10:
total of $105,000,000. James Couzens, Ford's right- hand-man and business manager for the first 12 years, reecived $20,000,000 for hus stock.- United Press.
be
seven
News Stories
Frou
From London:
Maharajah Tells How From New York: Will Be Able To
HIS Cousin's Elephants Are Taught To Use A Lasso.
A Blind Ex-serviceman
From Chicago: Helps In The Rehabilita-
tion Or Other Veterans.
Blind
• São n... Americani
Buy Cut-Price Förd Shares.
The Blind Leading The Blind
Blinded From London: Commercial TV Makes
Got
Iti Dobut Thii Autumn,
It Has Already Many Critics.
Princess Margaret Has Thé Gossips Talking.
HER CONSTANT COMPANION
IS A TALL YOUNG EARL
London.
A handsome blueblood bache.
the Royal guest list, he will rise to the summit in Royal romance gossip.
ment to Princess Elizabeth. it is sold ho. proposed in Balmoral Castle gardens,
at Princces Margaret's birth- day--it will be significant, or so the Court gossip goes:
Chicago,
veterans and servicemen are learning to walk, work and play again under the leadership of a blind man.
Russel C. Williams, himself a'l blinded veteran, is chief of the Blind Rehabilitation Section, at the Veterans' Administration Hospital at Hines, Miinols.
Willams and Dr Maxwell D, Flank, chief of physical medi- cinc and rehabilitation, out- lined the
an programme In article in the American Medical Association Journal.
Williams Is assisted by
trained specially
sighted therapists who work Individu-
lor with a million in the It is en accepted fart in court Thus it is that Court observers During the social season just ally with the patients.
bank has pushed Group Captain Peter Townsend out of the Royal romance gossip.
Havis. The tall, blond Earl, of Wilton. Princess Margaret's constant companion during the brilliant summer "season" in London society
Two Big Dates
the
Court. circles belleva ihe wealthy 34-year-old nobleman could readily fit into Princesa's fulire, and they anxiously waited to SCC where he stands on two big dates coming up.
The first la. August 21 when Princess Margaret turns 25. On. that day she gets. the right to marry, without the consent of her slater, the Queca-providing she tells Parliament and, then, waits a year before, going head, Private Hotise Party The second big date, comes
વા the end of the month when the Queen gives her very private house party at Balmoral Castio. 11 Lord Wilton is included
In
elretes
that
*prospective
TOWNSEND Forgotten By Gossips
sultor for a Princess's hand always joins the Royal family on holidays to see how he will be ikely to "fit, In" to the exclusive circle. Prince Philip was entertained like this before his engage-
SIDE GLANCES By Galbraith
7.19
T. M. leg. U. Pat Of.
Cir. 1989 by M24 Berrien, Int.
"My husband always did have Wanderlust too bad he hasn't got some job like Secretary Dulles'!"
MR LEGERTON WAITS
CALMLY FOR THE NEW TV
London.
They say British producers want to take the easy way out by buying alms of shows which have proven themselves hits in the states.
and
A
will keep a close watch
the
MARGARET 'Our Steps Match Well'
on
the
Earl of Wilton as Queen's party approaches. 1 he arrives at this historic old castle to walk on the moors tad join the shooting parties oach morning, and dance in the white and gold ballroom
ended, Lord Wilton had been constantly at the Princess's side at theatres, restaurants and private functions. Ho becond gave, his recently party In London and invited
her as his guest-of-honour. This social whirl was a distinct change for the Earl. Hc used to spend most of his ilme In the country at Ramsbury Manor, Wiltshire, оде of the most beautiful homes in England.
Fortune At Six
ין
the
Lord Wilton Inherited
Manor with his title when he was only six years old, At that time also, he came into a fortune of about £700,000. Ho
have is reported to
considerably Increased this with some shrewd deals in land and forest properties. Princess Margaret, recently took the front seat with Lord Wilton when
The drove her home from a dance in his car. She dances frequently with
and plainly enjoys it. She is sold to have told a friend, "our steps" match very well." United Press.
Come And Hunt In Cooch Behar
Where Elephants
Taught
Are
To Use A Lasso
+
London.
"My cousin," said the Maharajah of Cooch Behar, casually, "has trained a couple of elephants to go out into the jungle and lasso wild elephants for him."
"Lasso! You mean like cowboys?"
from "Exactly," said India's most world where hunting handsome prince, "he has elephants is necessary and trained these elephants to put a possible. noose around a wild elephant end tie it up.
Then along ho comes with his men and they prod the elephant, with the help of the trained ones, to his train ing stockedo."
fcllow?"
the hunters... alm
Erom
the
"We take hunting parties in- to the jungle for 14-day shoots. It is very exciting as the ele Phants beat out the tigers while shooting howdahs on other "Sounds like a fascinating elephants. The lion is not the
King
of Beasts, not compared with our giant tigers. If there "He is indeed," murmured the arc no Ligers around our tail sleek ruler of the most guests can shoot buffalo, bleon, picturesque of the princely rogue elephams and rogue "He is the Raj Kumar | rhinoceros, Oh, it is thrilling of Gauripar. He is about 45 for everybody--truly one of and he.
La simply marvellous the few big thrills left in this with animals. He helps me work."
states,
with my.tiger shooting business, He can ride an elephant and that, you know, is trickier than riding a bucking broncho. has 10 elephants of his own.".
He
Giant Bengal Tigers "Tiger shooting business, did you say?"
#NOL
"When is your season?"
and COOL
"January to April-it beautiful then, warm sunny by day, clear and by, right. - Crafter a few Ameri- can sportsmen have approached mo. Jahre Huston, the flim
director, killed one of the big- gest tigers of the season Jasy year with a brilliant shot from
The programme is not one of vocational training, the article said, but it is aimed at helping the patients make the emotional and physical change needed for "a fresh launching into society,”
The aim is to show blinded men that they can adjust and succeed in everyday life."
Simple Projects
The programme begins with simple projects and progresses to harder ones to establish a "success pattern," the article said. Each patient progresses at his own rate.
the shop unit, patients begin with leather work, move to weaving, then to the use of hand tools and finally to power equipment.
The blinded veterans are taught to walk with a cano in eventually the hospital and take trips through the congested loop of Chicago,
Typewriting is taught to all patients, along with Braille and blind handwriting methods.
The article said patients are encouraged but not required to take part in such recreational activities as swimming, goit, bowling, * dancing and card playing,
1
Length of stay at the hospital varics, but the maximum length usually is 18 weeks-United Press.
Parisette
ALL OF FRENCH ORIGIN
HONG KONG HOTEL:
KITOWN BERE
Free as a bird in
· Our famous childrm'a sports shirt very popular with boy and girls. Plain colours or checks, chest sist 24 to 34".
Birds don't care about heat or
cold; they're insulated by air trapped in thelf feathers. In cellular --
ROOM 211
אים
AERTEX
You're -conditioned
ID AERTEX
Artes you can be air-instalated to just the same way-free asi bird from weather bother,
All year round
Send for nuta illustrated catalogue giving full range of garments for men, mars and children. Write to A.M, Asring, 1 Long Lane, London, S.B., England.
The Rolex Oyster Perpetual Datejust**** finest Nawering af, thres venturies of endeavour, Waterproofed by the famous Oyster, case; myű-winding, by virtue of the ingenious Rolex Perpetual roter" ti shaws the date automatically in a neat window on the dial. Cased in finely tooled.. gold, the Rolex "Dàirlyst is clearly the】 watch for man of success.
A gold Rolex Datejust” is the natural choice
of successful men
WORN by many of the most famous bien. of our time, the Rolex Datejust has come
be regarded as synonym cess and distinct
cousin
the
arxi
"Yes, I've been organising tiger, shoots in my jungics.. I'm 00 yards. hoping to get some more Ameri-
"Generally a tiger in shot at cnn and British and other much clos Distances. He Theatro and movie house sportanon who want a crack at charges, you see, and the cle- owners áre miraid the now a glant Bengal tiger-belleve phonis turn their hind quarters competition will close many me this is the world's supreme to him their least vulnerable theatres and will finally kill hunting thrill."
spot. He may leap on one be- Britain gives birth to its first commercial television musle hall or vaudeville which
somehow can't think of Bfore the bullets bring him
In business; } down.". programmes this autumn, with the Conservative Party act up to a few years ago was one Maharajah ing as midwife. Socialists are sure the little stranger will of the most thriving forms of thought they all were fabulously
enfortainment in Lolidón,
No Shaggy Story wealthy? a monster because of the pre-natal Influence of
ainee the takeover" The new commerciai: stations American television and want it put to sleep immediately. will operate under airict sighed Jaggaddigendra Nurayon "Will your ingenious
Bhup advertising entertainment Bahadur (to use his full be there, the Raj Kumar?" The birth paine are causing the great day approaches except code intended to avoid the name) "I really do it to "Naturally. And this time so much excitement that every- the public which couldn't be mistakes" of American televi- maintain
our elephants. We must "go to the jungle body seems have overlooked happier to have at long last an slon. Mr Legerton says he will used to have 35 when we were watch these so elephants Harold Legerton as be alta alternative to the British Broad-walt till the now service starts an independent state, now we capture a wild one. He showed
Corporation's. benign and charming, but also casting
single before taking any relion against have only
They cat me how it works in the stock- 18 determined, in his little office in well-intentioned, but often it but it is almost certain he will hundreds of pounds of food each ade
heart ofthe, newspaper dreary, network
throw. his influential group into day and they are expensive The trained elephants bich district, Fleet Street.
Investora who have put up the fight because ho already to maintain. So the shoots carry the end of a rope with a Mr Legerton la secretstry of millions of pounds for licences ands the BBC Sunday shows help."
noose in the middle. They i slin alongside the wild elephant, powerful Lord's Dayto run stations under the disgusting",
who suspects nothing, ond on Observance Society.
Ho is independent talevision, authority
edch side. Before he has a chance to figure out what is happening: “ the rope is allőpéd mich 218) 2ead and the two
üre; braçada ta koop.
+
the
against television on Sutiday. aro Juntasy that the Sociaālais Two years ago his organisation will carry out their arest to mashed à bill in the Hours of abolish commercial television Commons which would have when and if they ever get back
theatrical per into powe
“About 14. organisations re-
ainment
Commandée, and ɛsports "oo" Bune. Killed, it so - declively Zahat he points out blindly, 12 olithe merge 56 mehbors, who
rybody
every
402 Out, Of 630.
And to forelga byes these could hardly bò quletër.
Elephants Essential
“Must, you kéóp elephants? we've always had them excialmed the Maharajah The Lord's Day Observance koop elephants? Why Society helpe enforce Suruluy wouldn't be Cooch fawn dating back to 1025. It out, them "pers, has always find wirong legiis. 1000sBry
sive support to this Parlas Junglowy
630 members are friend
Jehst with
Caro
fèd all the skilf
Toater
snience and added accu
by the patented Perpetual self-
only
tell him the correct time, at a fiance, but also the date, shown clearly and Automatically, in a neat window, on the