THE HONGKONG- TELEGRAPH, FRIDAY, MARCH 30, 1951.
THE BUSINESSMAN
FOR THE
Effort To Break
Deadlock At The Tin Conference
Reorganising Ruhr Steel
Bonn, Mar. 29. The United States, British and French High Commis- sioners today agreed that Ger- many's steel industry should
com-:
be reorganised into 24 Washington, Mar. 29.
panies, it was learned in au-
thoritative quarters here.
The United States Government is studying a proposal from tin producing nations aimed at breaking the stalemate in international efforts to set up a scheme for allocating the free world's tinto 75 per cent of their These proposals wene
production, Reuter learned authoritatively.
They also agreed that 12 of these companies may own coal
fuel.
mines supplying them with up
made in a memorandum
Commissioners
both from The proposal was submitted to the United the West German Government. An Allied communique said States during informal talks which have been that the High going on here since Mar. 14 between representa-today agreed on a reply to the tives of the United States, Britain, Belgium, Indonesia and the Netherlands in an effort to control the price and allocate production.
The first stage of these talks |
concluded yesterday. Delegates
West Germans.-Reuter.
167
EDITORS PRESS SERVICE, INC
"What more could a woman ask for? I've got lovely home, two fine children, that .
KEN SMITH And John G. DRUMMOND Show Talking
from covered the joint boine DECLINE IN CHAPLIN GETS DOWN
are home
and reporting to their govern-
ments without having reached agreement.
of
COTTON
MARKET
New York, Mar. 29. Cotton futures ended a ses-
But officials emphasised today that negotiations had not been that the talks broken off and were being continued here by permanent representatives the in-producing countries..
The proposal now under study by the United States Govern sion of alternate rallies and de- ment is that producer nations clines with prices mostly on the would agree to international downside. Nearby May delivery allocation of their tin produc-held to 45.39, the ceiling price, tion for a limited period on the but new crop positions became following conditions:
target for renewed liquidation (1) If the United States and hedging when spot house Government will co-operate in demand for December... eva- arriving at a price for tin satis-porated overnight. factory to the needs of the fin producing industry.
(2) If the United States will-
itself in advance to commit purchase for allocation any residual surpluses that may be anticipated in tin production.
(3) If the United States will demonstrate its willingness to co-operate in the conclusion of
an international tin agreement which would provide for alloca-
of tion of tin during periods shortage and also control pro duction during periods
surplus-Reuter.
of
Short covering by day traders bolstered July position at the close:
The reported refusal of the Chinese Communists to agree to a peace parley was balanced by reports of a more conciliatory attitude by the Russians at the
Paris Conference.
for
The news from the dry goods trade continued depressing with producers fearing a definite let- down
in civilián demand apparel type fabrics which may be followed sooner or later by a let-down in military demand
for cotton cloths.
The market opened 4 lower to 8 points higher. Thereafter, it seesawed irregularly. The final prices ruled 6 higher to 34 points lower. Prices closed. today as follows: Spot
DISCUSSIONS
ON TARIFFS
May
July
Delegates from the 32 con-
October
March (1852) May
Torquay, Mar. 29.
tracting nations of the General December
Agreement on Tariffs and Trade opened a special session July- at the Torquay tariff talks here today
discuss to
tariff questions.
European
The session is being held in secret and is expected
only a few days.
Cast
The talks will continue side by side with the actual tariff negotiations between the coun- tries, which are now in their final stages.
This is the second plenary session of the contracting par- held during the ties to be Torquay conference The first and last November opened lasted six weeks-Reuter.
TIN MARKET QUIET
London, Mar. 29.
The tin market was quiet to-
55 tons, day. Turnover was including 10 tons for spot.
Prices closed today at the
of the official morning
end
session as follows:-
Spot tin, buyers
Spot tin, sellers
Business done at
1,230 1,240 1,230
Three-months tin, buyers 1,155
Business done at Settlement
1,160-1,150
1230
-United Press.
Three-months tin, sellers 1,160
NEW YORK UP
46.06-nominal 45,39 bid 45.10
40.60
TO AUTOBIOGRAPHY
years.
Mason, has turned crooner and in "A Lady Pos--
The lights have been to the tune of "Greater than James switched on in the Chaplin Valentino."
They are making the boysessed" will warble three bar- studios for the first time m work, too, "King Solomon's lads specially composed in his
by honour. four years--the best news Mines" has been followed
We hear that they are re Next on we have had from Holly- "Soldiers Three."
the shooting list hearsing hard teaching him to wood since "Monsieur Ver- is the Light Of Touch," with smille:
It
appears that even the Italian actress Pier Angeli, and doux."
will still be time for saturnine George Sanders has a The new film, title "Lime- there
a yet fine bass baritone voice which "Beau Brummell" and light," author, director, pro-chosen subject before Christ- he means to give to the world. He goes into the Broadway ducer and
star, Charles mas.
No need now for him to version of "South Pacific" with Mary Spencer Chaplin, is only the
Wright when fifth he has made in 20 worry about declining into Mr Martha
Jean Simmons, and indeed if Martin (brings this hit musical the little lady is to keep pace to London,
to will have
Last time Sanders used his In it he will appear as an with him she
voice on a stage was playing a English music-hall watch out. ageing
on bit part in Noel Coward's "Con- She has started work
Piece" at His Ma- comedian who wants to
The Lion," versation "Androcles And
Ifjesty's Theatre in 1934.
Valerie Hobson was a young. make a comeback but has directed by Gabriel Pascal. lost his confidence and is Gabby takes as long to make
he did to get hopeful walking on in the same
into show.. haunted by the fear that this
"Caesar And Cleopatra" he can no longer get the the can her next job will be a laughs.
character part as somebody's Chaplin began on the grandmother. halls and much of this must surely be autobiographical; but in answer to a query Charlie would mit himself to no more than a cryptic Everything is autobiographical"
A
cabled
comi
one as
HE'S SOME LADDI
The biggest contract deal in the history of Hollywood is be- ing negotiated between Para- mount and Alan Ladd.
CAUSTIC CRACK
The wickedly witty Tallulah Bankhead is generally believed to be the original of the actress played by Bette Davis' in "All About Eve."
19th
crack from Latest caustic ber, which is certainly in char In his best cool, calm, and anter, was hurled at an ageing collected manner, Ladd is ask and very up-stage film star ing £53,500 a time for 14 pic-with whom she crossed verbal If it is to be partly the Chaptures, a fotal of nearly £750,- swords
"Why she's so old she used will we catch. lin story,
a 000.
for make pictures He was a Then, as glimpse of 'Arry?
a little bonus, he to red-nosed cab driver at the
suggests he should make four Century-Fox!" 40.14
New Cut
Waterloo near 39.93-39.96
more and take all the profits, pier 39.74 nominal Station, who gave Chaplin the with the exception of 21 39.34
idea for his screen personality-cent for distribution charges. United Press.
'Arry was a little man with
In ten years with Paramount, splayed feet; he shuffled along the laconic Ladd has displaced
wore only with difficulty but
Bing Crosby and Bob Hope as he with what dignity
could
the studio's biggest box-office muster a tattered coat and a
attraction. bowler hat. Chaplin added the cane and black moustache and the rest is history.
Grain Prices
In Chicago
Chicago, Mar. 29. Prices of grain futures closed here today as follows:- wheat-price per bushel
Spot May July
September December
Corn
2.47 2.417% -2.48 2.45% -2.46 2.40%-2
2.50
1.7834 1.7014-3 1.8034- 1.7814-36 1.6834
Spot
May July September December
nye
1.93
1.89
0433- 85-87
May July Oats
May July New York flour-per 200 lp, suck. $13.20. ted Press.
Jap Mission
The Hague
At
The Hague, Mar 29. A Japanese trade mission ar- New York, Mar. 29. rived there today to establish a Under the revision of the permanent agency for the pro- ceiling, price permitted by the motion of Dutch-Janese.
offl Government's new margin re- trade, it was gulations, spot tin was quoted mounded.
today at $1.46 per pound,
up The mission has
12 cents from the former cell tic character. The ing-United Press.
ment of similar
A pity he changed his mind about making "Limelight" in
Britain.
Contact
his with
genius would have been more than to compensation adequate British films for the loss of Stewart Granger.
HE'S GREAT
at
HS present contract expires in 15 months, and in view of the present famine in male sex- appeat it looks as if Paramount will have to pay up and smile.
HAIR TODAY
Bob Hope's latest gag is to place a mock value of 10,000,000 dollars on the hair on Ladd's chest, and prohibit all smoking and naked lights within 15 feet of him.
Let's hope the new Golden Boy is not only making but also stacking his hay while the sun shine's,
Genius is a, word we would hesitate to apply to the genial Granger, but the moguls Metro-Goldwyn Mayer noe dancing little fandangos of glee
Maurice Costello, one of the every time they look at the
stars of the chart of his box-office returns. I great romantic
They are banging the drum early silent screen, died last
Seeds And Oils
oils
year worth less than £30..
Now his daughter, the beauti ful and once famous Dolores John Costello, formerly Mrs
thas fled her Barrymore, petition in bankruptcy.
New York, Mar 29. Prices in the seeds and market here closed today changed exceptions:-
Castor Seed, per long ton, FOB-Brazllain Port. 2.80 nominal, United Press.
The old Philosophy that the un-cobbler should stick to his last with the following is definitely out of fashion in the at the flm business
moment.
Bing Crosby, Bob Hope and Dick Powell are to turn cow- boy; Gene Kelly has gone egitimate, and Ginger Rogers not, Doris Day dance an been authorised by the Govern- and
Brazil, neither do they sing. Belgium, ments of
But stay. You will not be de- Ama-France, India, Italy, Pakistan, lish-Sweden and the United States.prived of your lighter entertain-
ment. has Reuter.
DARD BRIDGE
By M. Ronicon-Gray Dealer: South. North-South game.
4 J 54
4004
In
08052
N.
8
J 9 6 3
AQ J5 2 973
E.
AQ 10 9 62
4
* 97
16K 842
S.
AK 73
A87
K. 10 &
♣ A Q.10 6
When this deal occurred rubber Bridge, South opened One No Trump. which North should have raised in spite of his single- ton. In practice he gave the weakness response of Two Diamonds, over which East ventured Two Spatas/passed by South and West North was conscious that he had underbid on the first round and now tried Three Hearts. South passed this call; he should have returned to Four Diamonds, obviously North's longer suit. West decided to leave well alone. Had North raised No Trumps direct, East might have been Eilenced and South would have made game with ease after the normal lead of by West, North was two down in Three Hearts, although the contract can be made after East's lead of a 2 pun te
London Express Service: