1952-07-09 — Page 2

THE CHINA MAIL, WEDNESDAY, JULY 9, 1952.

KINGS MAJESTIC STERLING TURNS STEADY

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2 BIG FEATURES FOR ONE ADMISSION PRICE.

為世界小姐選美

HONGNDAS BEAUTY CONTEST 0.

ALSO

The Most Beautiful Girls in Franco appear.

the Screen in an exciting musical “MONTMARTRE" Colour by TECHNICOLOR

SHOWINGgg AT 2.30, 5.30,

TO-DAY

Cathay

7.20 & 9.30

P.M.

AN GARTHLY DRAMA OF HUMAN PASSIONS AMONG WOMEN RICE WORKERS IN THE PO VALLEY.

Silvana MANGANO in De Santis

Bitter Rice

ENGLISH DIALOGUE A ITALIAM PASUNTS

Carven, the internationally farnous Parts designer, shows some of the latest models in front of an exact reproănotim of ibe Temple of Jerusalem, which was used in the film "Chemia

de Damas”—Express Photo.

French Assurance On "Big Three" Note To Kremlin

Paris, July 8.

The Foreign Minister, M. Robert Schuman, assured French foreign policy experts today that the Western reply to the last Soviet note on Ger: many had not altered since the Big Three talks in London.

M. Schuman said that the note would be, de livered to Moscow later this week and published probably on Thursday.

He faced a barrage of ques-} He reiterated previous assur- Hans from members of the ances that the Big Three Foreign. National

Assembly's Foreign Ministers had agreed in London Affairs Commission who were to consult more closely on mat- anxious over reports that the ters affecting the conduct of the text of the note had been Korean war-United Press. toughened in response to sug- gestions by the Chancellor of West Germany, Dr Konrad Adenauer.

There was never any question

of changing the text adopted at the London talks of last June 27, M. Schuman said.

"It proposes the opening of a

conference on precise and limit-

ed

d points placed on an agenda drawn up. beforehand," Schuman added,

M.

Steel Union

Requests Injunction

Washington, July 8.

Strong Rally In North American, European Markets

London, July 8.

Sterling today suddenly turned strong against both the United States and Canadian dollars. Sterling was in demand and dollars were offered in both European and North Américan markets.

Against the United States dollar, Sterling at the week-end was down to barely above its lower limit of $2.78. Today it jumped well above 2.79.

Against the Canadian doller

it jumped from the low marks

of 2,075 last Friday and

day to 2.70 today,

Satur

The premium of the Canadian dollar over the United States dollar fell to lean thân 33⁄41⁄2 cents. This As

abnormally high,

but it com

-compares with à premium of more than four cents at one time yesterday.

Various dealers and experts suggested the following reasons for this rally in Sterling:

Over-Fishing Menace

London, July E.

The British White Fish Authority today called in lie anual report for in- ternational motion to limit fishing In waters around the British Isles where over - flating is · rapidly denuding tho

of catches, Speech in which he said

1. A natural recovery from the overdone fall of last week-

end and from the pessimism after Mr Churchill's

fast in

that

on a

was economically a "treacherous trap door." 2. "Covering" by speculators. On the theory that if anything were going to happen to Sterling It would happen at the week- end, speculators iend to gall late in the week. They have to buy back early in the next work when nothing has hap pened.

Reaction from some ex-

In 1947 British Usher- men were gleaning 93,200 tens a year, but the yearly catch han fallen until last year it was down to £5,500 tons-Renter.

TALKS ON

aggerated ideas of last week. THE SUDAN

Some of last week's boosting arguments for the Canadian dollar, for example; were fully Justified. Some others were prop: crus

LESS PESSIMISM

4. Less pessimism about Bri- tish industrial prospects, follow- ing better overnight reports on fual and employment,

6. A fooling that the British Government's remedies are bela |tedly_beginning to work.

9. Tightness of money. Some London banks may be refraining from holding their full permitted

ines of dollars because they the money better in

8. Attention

RESUMING

Cairo, July 8..

El Sayed Abdallah ei Fadil, head of the Sudanese Mahdist delegation, arrived here from Khartoum tonight for talks on future Sudanese Egyptian rela- tions with Egypt's new Fremier, Hugrein Srry Pasha. Abdallah Fadil,

talks with the previous the Government of Hilaly Pasha, was reported to

to be bringing

(0 Sirry Pasha Mahdi Pasha, leader of the Sud-

who started

27. The remarkable strength from Siri of transferable and other co- vertible types of

draug. inflationary developments in the United States. These may re- latively strengthen Sterling against the dollar even though the July-September

ber quarter is seasonally adverse to Sterling.

9. A

For portion, un cop of Pro

example, the Sterling Area's deile of about £15,000,000 a month with the European Payments Union

British sources now consider serious and costly. But the the Sudan problem a purely Sterling Area's turnover with the Egyptian-Sudanese affair since

messol Rahman el

anese Umma independence party to now and spiritual leader of the

Mahdist religious sect

Mohamed Salch el Shankelty, Speaker of the Sudanese Legisla- tive Assembly accompanied Abdallah Fadil here.

Well-informed circles

19

said

that Mahdl Pasha might stop of in Cairo for a few days next week on his way, to Swlingland for holiday.

ERU. are reaches £330,000, the Egyptian

000 a month-Reuter,

Eden Making A Good Recovery

1

London, July 8. The Foreign Secretary, Mr

is making Anthony Eden, President Philip Murray of the good recovery drom Jaundice Referring to Korea and the CIO United Steel Workers ask- and may be able to resume Yalu River power plant attacks, ed the Government today to work next week. M. Schuman sold that the Yalo take prompt and vigorous action His first task will be to make bombing decision did not go

GITENgemen'S for the beyond the sphere of local mit against the nation's six largest fresh

Britain of tary operations necessary

steel producers under the anti-postponed visit to to

the Turkish Premier, Mr Adria assure the security of the United trust laws.

the Menderes, and naked **Murray Nations Army.

the Foreign On the Korea armistice talks, Granery, to direct

Attorney-General, James Me-Minister, Mr Fuat Koprulu.

the Justice

due to They were M. Schuman said that Francé was anxious to avoid any exten- Department anti-trust division Britain on July 7 for talke ori alon of the Korean war as well to act quickly to break up what the defence of the East Basin, of

called

Sho "conspiracy" the as any obstacle standing in the he

and the way of ending the hostilities. . which is holding up a settlement future of the proposed Middle

of the steel strike.

Eart Coromandeator. The Union's action followed by five days its Aling of charges

STAR

Phonu 58335

TO-DAY ONLY............

AT 2.30, 5.30, 7.30 G 9,80 P.M.

The Lady Played Games with a Gambler

*小絚馈

14. T. ALL QUIET" ON THE

* WESTERN YUDA

11. 16. The Night of Dertizer

14. M. Schuberts Refenada

M

Mediterranean

Government has established direct contact with the Sudanese leaders.

Up to now the Sudan has boon the main stumbling block in the way of a settlement of the Anglo-Egyptian disputa-- Rouber.

Patrol Ships For Japan

Washington, July 8. President

Truman today sigood into

Jaw

the bill authoris- ing a loan of certain patrol ships the Japanese Government, The ships include 10° patrol.

and vessels

50 landing craft

visit

to

against the big six with the Trade Affected

National Labour Relations Board. Board officials are investigating the "conspiracy" charges to sen whether they warrant an unfair labour practice complaint and Injunction sought by the

the

Unloa

BY

Politics

of

The Hague, July 8. Dutch trade with the Middle East is expanding because anti-British feelings in some Meanwhile, 10 major stoel countries there, Mr M. C. Brms announced in New York Voorn, Director of the Control that they would ask Mr Murray Institute for the Promotion of to meet with them and work out Foreign Trade, said today. a programme to move crucial He said many arms were Iron ore blocked by the steel switching from British to Dutch strike.

The companies said that about or Swiss importers. 7,000,000 tons of ore are stock-

piled in the upper Great Lakes forman competition was be

#

serious danger on important World because added, was equally good

that could not be moved once the soveral lakes were frozen in Autumn, markets, he The ore has been described as their service one of the most vital elements to and they usually delivered thele the defence programme-United goods faster than anyone else. Presa.

WHARTS

Reuter.

SHEL-BEIN

aitable for patrol purposes,

The loan is for five years with, permission: to extend it for an- other five years at the request of Japan.-United Press,

To ADVERTISERS

SUNDAY POBY-HERALD Tar commercial Apace advertising shoujd booked

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For the 8OUTH' CHINA MORNING POST and the CHINA BAIL, 48 hours baforo data of publication.

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LEE THEATRE presents

THE INTERNATIONAL TRIO

Elizabeth Hayden

(Cello)

R. Tatley Kardos

(Piano).

Nathallo Boshko (Violin).

TO-NIGHT AT 9.30 P.M.

PROGRAMME

I Trio in B Flat Op. 39

II Kol Nidrei

Schubert

Mox Bruch

Celio and Piano Soloist-Elizabeth Hayden

III Nocturne in C Minor, Op. 48, No. 1...

Feux d'artifice Two Preludes

Chopin

Debussy

Gershwin

Piano-Richard Tetley-Kardos

Sarasate

de Falla

de Falla

IV Romanze Andalusa

Nana

La Jota

Violin and Piano Soloist-Nathalic Boshko

V Trio in C Major Op. 8:

Brahms

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Written, Directed and Produced by ARCH OBOLER radio's achiendian dramatick A COLUMBIA PICTURE

TO-MORROW AT THE CAPITOL

KATIE DID IT

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ANN BLYTH MARK STEVENS

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