Mar dren and stueliby Lamin-Castells, Parts; photographed at the Marigny Theater; berwatchty Roken
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THE CHINA MAIL, SATURDAY, APRIL 28, 1960.
SATURDAY MAGAZINE
JAK
and GEORGE
Fourteen Hundred! It's
the terrible
cry of the
Stock Exchange
IF
one seeks to raise the wind by the backing of horses, as one does, then one is liable to lose one's shirt.
If, on the other hand, one at- tempts to get in on the ground floor of the Stock Exchange, then one is able to be separated from one's trousers. Which is not only undignified, but draughty.
TWO STRANGERS!
-and we're on the run...
Our view
the price goes up and betere join. the man calls for lils money.
FAK
Wo would
Such a to-do!
Jak and I discovered theso sobering facts of life the others Guildhall, but it took a bus surrounded us and a very big like to show all four of them that he can sell at 3 profit when stairs, wo said
conductor from Barbades to man in a gold-braided top hat his rough sketches morning, when, as loynt citizens show us the way to Capel Court asked if we would mind stepping and taxpayers, we set out to and Shorter's Court, which is outside and staying there. full die Chancellor's Budget where the Stock Exchange, has desire that we should invest discreetly wrapped Itself In a He told us he was a Stock the money we are all going to protective covering of banks and Exchange walter and sold we were jolly lucky to be getting save by his magnanimous incurance offices. duction in the price of playbig
away into Throgmorton Street with our trousers. eards and sparkling wines.
The start
Jnk sald he had not quite
ก!!
the
on
We walked up. Shorter's Court, strode purposefully It seems that when the alock through the portico into and-share boys first put together templo of Italian marble, in 1753. they set up a closed and mingled with the chaps shop of 1399 members, and any strangers trying to musela in Change. One minute were promptly declared to be later, the chaps on 'Change over the odds, if you get my unminglod us on our ear.
meaning, The cry of "Fourteen hendred!" denoted an intruder, and was an Immediate signat for de- unfrocking, debagging or breeching, as the case may be.
However, there are compensa- tions these days such as going to the cosy private cinema with
That call....
made up his mind whether to be a merchant adventurer, (veoon, or take-over king, but Diviously, the place to start Stock Exchange →→ where, that very day, cigaretles were wooning, cinemas were spurting, and "such astute buL widely assorted business moo a Butlin, Barclay and Bee- cham were positively buoyant. In bonds, that the advent of Gillian, Sally, Mary or Joan. Jak Two newcomers to the ranks and I went with Gillian, a green- would have been welcomed - or at least unremarked but regret to say that such was not the ease.
One would have thought with Mr Heathcoat Amory literally begging us all to put our money
A bear cells shares which he hasn't got in the hope of buying After Richard Dimbleby and then back for less money when an all-star cast hid revealed the they wobble. A stag applies fo: history of the Stock Exchange in new issue shares. which he costume and colour. we went doesn't want but means to sell into the visitors' gallery and at a profit as sooit as he can. looked through the class screen at the brokers broking and the jobbers Jobbing.
So sensible
It should not take long. All we have to do is: (0) And thren sponsors who will guarantee our losses for the next three years; (b) fill in a form; (c) appear be- fore the Stock Exchange council and tell them whether we want to be brokers or jobbers, and With prices marked in blue
why: (d) buy a nomination for ANOTHER NOTE: A broker £1,000 off come member who (for ups) and red (for downs) on the jobbers' lists, torn-up slips docs his business (sorry, your has died, retired, got away from on the fluor, numbers finssing on business) with a jobber, but it all, or gone in for burglary:
never lets on (e) pay En
entrance fee of tote-like message boards, and (crafty like), members ripping smartly from industrials 10 oils, the scene re- minded one of Newmarket with the lid on.
whether he wants to buy or sell. £1,000; (t) pay an annual sub- So the jobber (equaily crafty scription of £180; and (g) wait. like), quotes him two prices -- They explained all this to us as stift as possible for would-be ever so courteously, gave us a buyers and as stingy as possible little book, and told us од по for would-be sellers.
account to miss paragraph nine on page seven.
And if the broker doesn't like it he can go and some other Jobber, or words to that effect.
The only difference that *C Newmarket you can lose your own money to your oton I expect you have heard about
book-makcer. On the Stock Ex eyed brunette who used to be a
have to change, you the Stock Exchange. It began in
pay a lawn tennis international, but 1698, when some of the wide
broker commission to lost it who is now one of the four
Also, boys started flogging square
a jobber. xmashers who lay bare the for you to
of horses, balls and South Sea
you have CUFITION
Before we could reach for our recrels of the Stock Exchange instead bubbles after parking
bulis, bears and stags. their stake-money, a man dressed like for sightseers. swords with the walters ut two en undertater stared at us and
NOTE: coffee-houses called Jonathan's yelled
A bull buys shares, "Fourteen hundred!" They are called guides, they and! Carratcov's in Change immediately
a whole lot of wear eye-fetching outfits in olive usually with no intention of So, undotorred by our some- Alley.
laughing bulls and leaping bears green, and Jolt said he would paying for them, In the hope what abrupt dismissal down-
Jonathan's was destroyed by 1 Are in 1748, when the is no doubt cleaned up on the insur- unce money. Anyway, flv yeam later, they decided
Four D. Jones
BY MADDOCKS stort a
Stock Exchange....which tile la to be wrote over the door,"
No swords
They also got an educated stonemason to chip them out a trade-mark in Latin: Dictum Meum Pactum. This means
"I put Richard's stomach in the suitense and it is the originat of all those funny Stock Ex- charge storics.
Thus genned up. Jak and I sét cut for the City to make our fortunes. We had no swords, but Juk was wearing a collar.
Like all imue adventurers, we ran into difficulties right from the start. As a matter of fael, we couldn't find the Stock Ex- channel We found the Mansion House, the Bank of England. and a man who offered to sell
| ON THE SCRAP-DEALER'S ISLAND THE
BOMBS ARE STORED IN HIS WAREHOUSE
| AND LOCKED SAFELY AWAY,
· NOW, LADS, WE CAN SET SAIL FOR LONDON IN THIS OLD TUB OF MINE!
FERDINAND
CAN'T SEE WHY WE COULDN'T GO IN MY GALLEON, NOBBY
TOO CONSPICUOUS MATE, WE MAY HAVE TO GET OUT
OF LONDON IN A HURRY,
I SEE. WELL. YOU KNOW BEST
Now this socmed to jak and me to be an eminently
sensible method of mar- koting, as old as time ifsalf.
THE THREE MEN IN A BOAT
ENTER THE PORT OF LONDON
By Mik
It reads: "More nonsense is written about the Stock Ex- change than almost any Institu-
on in the land.”
George
Whiting
(London Express Service).
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LATOTEKALUJERULUIETSEN E JA
Ah! That Food! That Service! That Swissair!
SWISSAIR
THE UNING OF EASTÍDLINE
BRICK BRADFORD
IN STILL
RUNNING THIS
SHOW, BRICK!
OKAY, OKAY! DO IT YOUR WAY, BUT WATCH YOUR CUES, OR THEY MAY RUN DOWN AN EARLY CURTAIN/
I WANT A LONG GUIDE SO THAT I
CAN BECOME
ORIENTED A
WELL, DON'T LOOK NOW, BUT THEREO
A PATROL SHIP BELOKY US? HEUS ORIENTED. AND HE'S PROBABLY ON HIS RADIO RIGHT".
NOW TALKING ABOUT,
PRANKLY, MY
BARS ARS BURNING LIKE
MAD!
By Paul Norris
JUST YOUR IMAGINATION) WE WERENT OBSERVED
•HE'S GOING ON BY US! MATTER OF FACT, HE'S OUT OF GIGHT! NOTHING TO WORRY ABOUT!
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