Glamorous 17-year-old, Heidi Kruger, a public school girl from Koenigsberg, smilingly poses for the cameraman after being elected "Miss Germany" 1953/54 at Homburg Express Photo.
King John (1199-1216) -A Nuisance To The French Govt. In 1954
Paris, Jan. 7.
The fate of millions of kilowatts, as well as of unaccounted oysters and lobsters, was left un- decided by the recent decision of The Hague Court in the Anglo-French dispute over the Ecrehous and Minquiers islets.
THE CHINA MAIL, FRIDAY, JANUARY 8, 1954,
Twelve months of Ice, Snow and 60 mph Winde
10 Men Face
TRARE and OMMERCE SECTION
Page
A Lonely Need For More Trade Bridge Was
Antarctic Winter
Melbourne, Jan. 7. In February, a rocky ice- bound and unexplored shore on the Antarctic continent will be transformed into ก hive of activity within A few hours.
ter
Ico cliffs will echo to the cfat- of winches from A
ship, probably half a mile
affäljare.
threb
of
The
And tractor
air engines will puleo the only where, for centuries, Round has been the calling at birds, the crash of waves and the lurching splash of an iceberg cracking loose.
The ship will be the 1,200- ton chartered Danish icebreaker Kista Dan The commotion will
1954-Year
Of Austerity
For Japanese
Tokyo, Jan. 7. Financial circles here say
Through H.K.
UK JOURNAL STRESSES
IMPORTANCE
Dusterity for the hement OF COLONY TO THE WEST
that 1964 will be a year of Japanese people if the retrenchment policies proposed by the Finance Ministry are adopt- ed.
in a draft budget for the next
The policies are embodied financial year starting in April which the Finance Minister Mr Sunkuro Ogasawara bag sub bo the landing of the 1954 mitted to the Cabinet for ups Australian Antarctic Expedi-
ll-proval prior to presentation to tion to establish the world's national Dict (Parliament). most southerly permanent base. While details are yet to be Thu unloading of tho 400 clarified, the draft budget would tons of stores
and equipment, balance revenue and expenditure designed 10 keep ณ 10-man for the next Dscal year below party alive and
active for one 1,000,000 million yen compared yoor, will be by rubber pontoon, huge bulbous shapes with up to 10 tons of equipment and food iled on to their sectional wood- en deck.
LIVE IN CARAVANS
or
with 1,027,000 million yen in
out
surplus because its estimates of tax revente Aro quito conservative. The actual defelt for the currant Anunctul year to estimated to exceed 100,000 million yen, the sources gay.
Announcement from Berlin that East Germany and West Germany have extended their current trade agreement serves to draw attention to the recent efforts which have been made for a liberalisation of trade with the Soviet-controlled countries in Europe as well as in Asia.
Pressure is increasing on governments in the West for a relaxa- tion of controls on the exchanges of goods, except those which come into the strategic and military categories.
mi.
14
Expansion of those commodity exchanges is already in evidence; and it is likely to grow in value and in volume in the coming months. the current financial year.
The last
has East-West Gorman to or from the United Kingdom. | America
shown signs of Financial circles point
agreement provided for an ex- Several other European coun- slowing down considerably. In that this would represent a sub-change of goods to the value of tries are participating and the an attempt to deter general stantial restriction of expendi- £25
trade Tha!
with Communist China new concluded U.S. sharo la not inconsiderable, As they ground in the shol- tures, considering the expan-puls the total at £63 m. In In the dat eight months of the United States Treasury re- lows, the men will wade into sion of production during the addition, frontler amuggling-in last year. U.K. experts to Com-cently froze several dollar ac freezing water, and drag past year. They also say the both directions-will be "re-munist
China
amounted to counts In the United States. carry the gear to land. Ashore. draft budget would actually gulorised in order to legalise
ilch Dollar deposits there had been $12.75 m.
value, of which In The
create will be carefully cargies
an exchange of
accounted for extensively used by companies goods which about $10m.
were stacked and the stacks crowned
woollen and individuais, not only in has been going on in Europe and by fexlite machinery, with marker flags, otherwise a
in which countries other than yarns, textiles, dyes and drugs Hongkong, but all over the For night's snow fall might hide all
West Germany have been trad (other
then anti-biotics). In East. This freezing of some deposits, we imparted trace of where they had been.
ing with, other than Eust Gor- that samo period
however, caused many.
valued at $15.75 goods
m. wave of apprehension, and the selling of dollars, a flight from Of late, Russia appears to be chley eggs, silk, vegetable oils merging from that Isolation in and seeds, and bristles.
that particular currency which politics and in trade which has the other hand, Hong- led to its fall to the lowest level to Communist in the Far East and Bouth-East kept the Western world frust-kong's
exporta rated since the end of the China amounted to $104.5 m, in Asia for many years, and to the Second World
of last transfer of the proceeds of such War. Recent pur-January-September cboscs range from butter, sh, year, the targest in value boing sales of dollars into Swiss francs meat and wool to
ships,
for wool tops, chemical
British interests in Hongkong Imports amounted to $72 and other financial and trading mainly footstuffs, tra, silk, Institutions have had their busi- animal hair, bristics, tung oil ness "most seriously disrupted" and textiles. In that trade ex- by this U.S. action Taking time change, Japan, Belgium, France, by the forclock, Chinese Com- West Germany, Italy, Holland, munist hanks some time ago, Switzerland, and the United disposed of their dollar holdings
Unitext and state related directly mostly in Swist francs-Liver- Kingdom, or Indirectly.
Pool Journal of Commerce. axistence The continued Hongkong as a British and free
The plywood and steel garu- vans in which the expedition will live during thier Inland exploration trips during the winter will be easily fanded. They will be dumped into the water by a ship's darrick and towed ashore
SHIPBUILDING CUT
As revealed by the Finance
druft The Ministry,
budget features reductions Ip penditure for a number of items
food
Including general administrative | which she has paid in cash and dyes, watches, and and other currencies,
public works, or they might expenses,
import subsidies, subsidies to even be loaded with cargo,
shipbuilding and other indus- tries, and capital Investment for rationalisation of Industries.
The first Job ashore is to build the four huts which wil form the nucleus of the bose. While building is in progress, the working parties ashore will sleep in the ceravans, And it must be finished 'quickly for the Kista Dan must be bound for home before the big freeze-up starts again.
According to plan, she will spend no more than a fortnight of the base site. In that time, it
will be up, providing adequate accommodation for the men left behind. They expect to complete the four huts in about two months if the wenther is fine.
The Court ruled, on November 17 last, that the Ecrehous, lying between Jersey and Sark, and the Minquiers, further south towards Saint Malo, belong to the Channel Islands. In other words, the Kings of England did not give them up when they surrendered continental Normandy is hoped, the first two huts to the Kings of France, and Queen Elizabeth II is just as much Duchess of Normandy on these un- inhabited rocks as she is in Jersey or Guernsey.
France and Britain had agreed in advance, by 0 convention signed in January 1951, that French and British fishermen should have equal rights in the waters of both groups. Only three areas, one third of a mile across round the three biggest islets, in which boats of the losing side have the right to anchor but not to fish, were reserved as a bongs for the winner of The Hague
case.
has
រក
the Atlante round
But France also
a long, gin of a metre and a half (just term scheme for barnesaing the over 4 feet) above the high- strong tides as they swirl est tides. Inside, will be 14,000 from the
horsepower turbines euch driv- Jalands in the Gulf of Cotentin, Ing an 8.500 kilowatt alternator. between the Cherbourg penin-enleuinted to produce a total of sula and the north Brelon coast. 350,000 kilowatt-hours a year,
The third stage in that plan
Involves building a tidal power station on the Miraqulers Islands
ROWING, SAILING.
On the Dinard side, there will at a cost estimated, today, at be a lock seven metres 8 centi- feet) between 10 and 1,400 thousand metres million france.
BIGGEST FEAR
of
One of the biggest fears the expedition is that the ex- perience of the 1911 Douglas Mawson trip will be repeated gules of 200 miles an hour.
not in kind. The cash is golt, and some several million pounds worth has reached London as transferable funds with which to pay for her purchases, inter alla, in the
sterling
Area. HONGKONG THE CENTRE
As a result of these reduc- tions, Fluance Ministry officials believe that the next financial At the For East end of the year's construction of occun- Soviet blde, trade with the going ships would be held down Communist arcas la centred on to 174 600 tons while rice In-Hongkong. This Island's popula- ports would be cut by 600,060. | tion was at one time about
stituted. Un the other there would
I.
of
invested
the
proceeds
Still Standing
Miny
Tokyo, Jan. 7. local authoritiem in flooded parts of Western Зарал
exaggerated last October's havoo in their reports to receive a bigger rehabilitation grani,· Lior-
ernment Inspectors allered.
The inspectors
bridges reported to washed away been
Hat
have
Wor
standing, and
sturdy enough apart from natural wear and tear.
Bomo authorities
even gone so far as
had
to
"camouflage" new bridges
10
make the
think they
inspectors needed
re-
building, they saidh.
The inspectors said at icast 666 million yon could be out (2066,000) immediately trom the 63,000 million yen (£83 mililon) national floods
rubsidy.—Reuter,
NEW YORK
STOCK MARKET
Slocks
erasing
New York; Jan. 7. softened late today inost of the guins achieved
In the New so pr Year.
The market moved narrowly. as traders on reduced volume held back awaiting President Eisenhower's State of the Union message to Congress.
Wall Street Interpreted the message
and as optimistic hence not unfavourable for the stock market.
They attributed the late action to the fact that both in- dustrial and rall groups had been carried to a strong resis- tance level. Market men had anticipated industriala would have difficulty breaking through the 284 level,
Today's decilne carried ́ in- dustriale down $1.30 to 288.00. Rails were carried down 32 conta. Utilities lost ono cent.
In contrast
yesterday's, when, despite a slight drop in the averages more stocks closed
higher than lower, 498 of the 1,157 lestues, traded today were lower. There were 182 higher,
tons and wheat would up, ab 00,000, but refugees from the nations' outpost, as a sounding New York Cotton277 and Trust fell
hand China mainland have swollen locally oppressed by
la defence expenditure,
HONGKONG SHARE
however re-
Market
Texas
sharply in the oils, losing 3% points. Citics Service dropped 14. Amerada, Lion Oil and Texas Gulf Producing, however, added around a point.
and as a refuge for the be some increase to some 24m. This Increased
Com- population must live or else munism, depends upon the con- there will be chaos. Many of tinuance of trade with Com-
New York, Jan. 7. The Finance Minister has fold them have begun trading with munist China,
Cotton futures moved Irregu- a press conference that the draft their homeland. Many have gone stricted or relaxed. It is trade arly higher today for the fourth budget is designed ultimately to Into manufacturing for export.
which supplies the free world
session in a row with trading Aircrafts fell, with United. restore equilibrium in Japan's All this trade is, of course, not with commodities not readily spasmodically brisk.
Duglas, Boeing and Bendix all balance of International pay-
available elsewhere. If this re- President Eisenhower's down around point, General menta which has recently shown
stricted export trade of Hong message Сопотска on the Electric lost a point in its group. marked signs of deterioration.
kong to
Volume Communist China is State of the Union aligned with
totalled 1,540,000 banned entirely then yet an expectations and little market shares. other important area
may be
influence.
The NY Stock Exchange bond driven into the orbit
of the
Traders were disposed to await volume was $3,035,000, Communists.
the additional executive's The American Stock Exchange NON-STRATEGIC GOODS At the beginning of last messages on, the new farm pro- volume was 440,000 shares.
be delivered". on ¦ United Press. gramme, to month, Mr. D. Heathcoat-Amory, Monday, and the ensuing radio Minister of State at the Board of address by Agriculture Secretary Dow Jones · spot commodity Trade, told Parliament that this Mr Benson on Monday night on Moody's country was engaged in con- the Administration farm polley, sultations with the U.B. and
The President advocated other Western nations aimed
fam
based programme the classification of Bexible, rather than rigid high Singapore Rubber
Ho an-price supports, that the UK embargo farmers
He also said the draft budget would bring Japanese prices down by about 16 percent but called upon the Japanese people not to take advantage of the lower prices,
but to econeinise
INEVITABLE POLICIES
In the same way as the Gov- Even a 40 miles an hourernment. wind
bring can
unloading operation to a standstill, coat- ing the boats and pontoons with a sheath of ice, whipping snow Into chapped skins and making it painful to face the weather.
MARKET
remained to be seen whether the (change this morning amounted
to wheele
of
BANKS
A04214
►
12 1015
6011⁄2
оп
out
On
assured
any abrupt
price Index:... 177.52
Investors Service Index, to commodities: ****
415.4
Market result in increused which would Buanes QUÝERS SALLKAS SALES the shipments of anti-blotic. drop in support levála, Fending expenditures. HK Dank... 1815 21020 Anti-malarial and suiphanilamide rare details on faren programme.
45 1025 drugs to China would be
traders' interest turned back to
Singapore, Jan, 7. tinued at the end of last year, the original run of trade hows. The market opened better on INSURANCES
Lombart
also expressed
hope that
Entries for the week ended overseas advices and steadied Union
would
increased December be
81 reached 195.785
0759 | later in the afternoon, on 'some SHIPPING
exports of lumber, bales, or about 5,000 bales les trade demand, Prices: Waterboat
grain, manganese cre and pre-than the previous week. Aria Nov
The No. 1 rubber per lb. Jan. 079-3736 ... 1.13 DOCKS. ETC.
cious metals. He affirmed
February that ret stock of 1858 crop cotton now 03 200 83
wa's March K. Whort... 12
international strategic classifica- under the loan shelter Dock
2011
on reported at 1,699,091 bales, plus Provident (0) 13:20 13.40 1230 13.20 tione imposed no hardships
2000 or 13.30 British exporters; other Western
bales from the 1992 countries were acting honoured Press. 8 2.10 7800 75ably on the embargoes jointly
circles sold Japan
ל1פ1
(From Our Correspondent) Financial circles said it still Business done on the Stock Ex-
Japanese Government could$802,017.00. Noon quotations end resist requests for modification the morning's transactions: "We must expect frequent the draft budget storm with winds up to 60 miles an hour," said Mr Phillip They pointed out, however, that practically all political parties Law, Director of the Antarctic Division of the External Affairs
were agreed in principle that Department 24
and chief planner retrenchimant pulicios are in. (just over
of Australia's Antarctic protects. wide and deep enough · · for
evitable if Japan was not to go vossale drawing up to four "But we hope there will be
bankrupt. Above French represent-metres (about 16 feet). When the
other better speils when we can
These ative mentioned this project
get the work done."
would be compelled to devalua at the barrage, the Runce will form The Hague Court hearing,
the yea next year unless some the a lake covering 20 squero Idlo- which, the Touring British representatives declared metros,
thing wore done to put a stop to the deterioration of her balance that Britain had no a priori ob- Club of France
polniti out when
it was consulted about jection and would be ready to
of international paymente, at- start negotiations whenever the the scheme, will make a won-
tributed to increased imports to French authorities wanted to derful
cater for place for
growing domestic rowing and Bailing. do so.
consumption. There is, however, plenty of
The sources said these..re Unilke
othor hydro-electric time.
policies, coupled trenchment schemes, which often involve moving villages and drowning wili farms, the Ranco barrage cost nothing In compensation, The water level above the dom will be the present high de mark, and with no super structures
dam the on the valley will look much as it al- ways has done.
LONG WAY OFF---
Although. Stage One of the long term scheme is stated to be part of the French Electric lly Board's immediate develop ment programme, Stage Two is ng yet long way off. And even so, as it involves spending 60,000 million franes 'a' your for 20 years to build a Lidal
In barrage
►
A part time job for one mem- ber of the expedition is that of postmaster.
on
Whegidok
LAND, ETC.
HK Hotel TUK Land flumphreys Realty
While Kista Dan is anchored off the base, he will stamp the special Antarctic postmark letters contained in bags of mail the all over received from
with the Highlar money polloy | UTILITIES world and shipped with the Ex-
anticipated for next year, would pedition. The mail will then be
have fur-reaching effects, both brought back by Kista Dan to Australia and forward to phil-Internally and externally-Reu- atolists,
SKIS OR FLOATS The new post office, probably the corner of a hut or tent, will serve a dual purpose. First, It will bring income to the Aus
General's Department, and, second, its liticaily as an act of administra
Local councils in the area are the French Chausey Islands, keen on the plan as a cura for tralian Postmaster wart of the Minquiers and near unemployment and, like the
tion.
the Norman consi, Stage Three Touring Club of France, they establishment is significant po is at present very much in the lasist that the barrago must future.
1 carry a road providing a short cut between Saint Malo and its suburbs, Saint Servan Parame, on the right bank, and Dinard on the latt
and
1er.
Tram
(N) 12.40
|
grood.
West German businessmen are
of the opinion that the current U.S.S.R. the 19.10 trade offensive by
Indicates that a big money ertt
1000 48 A 5400
8.95
8.00 77 18.80 .... 1.93.
D-1500 D
1000
**** 27.00
28 1000 21.00)
1400 + 28
Peak Tram
(0) or
413
Star Ferry + 240
in East-West trade relationship
London Metal Prices
0003770 18 just around the corner. Ger Tin spot
64 21.80 | man trade with Communist | 2-month 500 720 China is running at the rate of Copper apot
$55 m., far ahead of 1952. The in
E-month newspaper
Hamburg
London: Jan.
No. 7 rubber per
5724-48 B74-58 66-57
|
No. 4 rubber per
Jan
No: 4 rubber per
Epat unbaled
United Press.
LONDON MARKET
London, Jan. 7,
The rubber market was full
with No. 1 Rse
171⁄4 pence
Spot
per lb.
No. 1 has spot. 174-1796 Bettlement house termi Fearuary
steady
quoted
buyer meller
Prices:
636187
22116 211 March
1715-17274
000012 Aptl/June
"Die A
that
800
30
BAYA 741 Aprit
Market: All steady. Priaun-lin sterling per long ton-United Press. NEW YORK FUTURES
New York, Jan. 7. Lead Jan.
air/September
general markets, ci.f. basis, ports: Fanuary
February Match
1715-1795
17-1/16-1
1716-1914
United. ProES.
109
1000
27.00 that the
P 30.20 Western business partner
European countries
Tub.
and Tin
Jan.
Feb.
63.80 traded
Jan,
Fat.
Copper Fan,
ANGLO-JAPANESE TRADE London, Jan. 7. Anglo-Japanare delegates to
C. LINE (N) 1155 current sterling payments agree- ment talks today discussed in
Electric .....
20 301 trade prospects detail 1954 between Japan and the sterling
Magag Ely, › 19.40 10.79 tho aren, of which Britain is #Telephone C $7.00
a competive Zine banker, according to
Usually INDUSTRIALUÍ
1200 à 19.20 might soon face Cement 17. 10.30.
busincas Interests reliable source.
1500 1950 move by US.
500 1940 as China was a valuable field
fór Lieen in the futuro.
sigelight of negoti-
100 g 140 Welt," recently said that the Kang Jan, C. Ligil (0) 14.00 24.70 1000 1 1440 China trade had been mounting
1500 4 14.500 fast in recent months 2000 14.00 80 1500 11:40 the Boon Government was al- Britain 500 / 11.50 rondy bidding against
to
major become Peking's
D
The Japanese dinlegation hea already put proposals, not
Rope
2.3 10.70 17.10 Metal India, 22.00255
Dairy
26.20
Watson
· Crowford 25.30
COTTONS
Texile, Corp. 730
Stage One, which now appears
Among the busiest men to be out of the dream stage,
during Kista. Dan's stay will be Involves putting to work the
the Royal Australian Air Force publicly disclosed, for increasing STRICS, ETC. team of four men dying and Japan's exports to sterling aren 18-netre (more than 40 feet) tides in the, estuary of the river Work is to start on the Rance servicing the two Auster
Bir umrkets, Rance, separating Saint Malo scheme, estimated to cost 30,000 craft which will survey possible Britain he replied to those from.Dinard.
million francs, about the end of exploration routes. They, and proposals and the whole framing 1956, and is expected to be gom their planes will, roturn with question is now under examina Upstream
from the two pleled in seven years, though Kista Dan,
Chang đơn, the source added. will be avaliable
busine towns, the estuary, narrows to a | some power
Intornsia Japanose The Austers, already used by the earlier since the turbines will the Norwegian British-Swedishi have
tal stated, publicly gullet between two capes,
That MISCELLANEOUS Polnie de la Breble the go into action as they are in Antarctic Expedition, are at restrictive practies proced Dibard sido and the Pointe, de stajlad,
tod with aither, akis or Boats on imports in the merling aro Brientalso on the Saint Malo
But, with Frances
consuma and may start their programme, the major cause of Japa Ade. Between these two capes tion of electricity doubling
on
this time by piloting. KiER-PAL 27-chi, sterling, dám
an pngineer, M. Robert Gibrat, every ten years, the bottles through the pack lon proposta to build a dam 800 Board is already looking ahead bases: fonts, wil motram, (about 2,000 foot) long, and does not intend to be stops für, dicia 1r 1has 47. metres (about 163 feet) wide ped by anything which: King, land take of fy (and, ring clo) metres (about 49|7ohn of Englind may or may
feet dit "bove, they lower, tide not have done in 12042-China" "0200
Wish will give dọn mars Kall special bany
liko, to pod.
2008 16:30 17
B003231
Chef des trade
It of 1 800 8226 that, while much 3003ated of the outset, through 100 25.10 Communist China's officos: In
East Berlin, the necessary bank-
Teb
12.506
44.800
9.30. iradesi
20.15h
Prices In US cents per tbrented Frest.
|CHICAGO GRAIN
PRICES
Chiengo, Jan. 7.5
Ing transfers are made in Log Prices per-busha) (is, bantul ble don. The reason given for this favorite
109 in that the London banks posseta
facilities for Ironing out ·In- | Boat!
* 0,00 4.50, 200, 4 valved. Chinese-German, pay March
change
Rates
ex
at a time when there ere
Hon and Foxing
Closing Prices
New York Sugar Futures
New York, Jan. 7 World No. 4 sugar futures 10m2). day ofpsed unchanged to point bliher' with sales, at 180) Contracts,
Domestic No, sugar futures. closed points, higher, to ono poląt lower Ayith sales, or 301 contracts. Future closings
Centraet No. 4 (world) Marches a
200-2001 July
May
July
Bept.
16010
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