THE CHINA MAIL, TUESDAY, JANUARY 19, 1954,
Page?
Ginger Rogers In British Film
Glamorous American star Ginger Rogers and her French husband (neling in his first film) are ideally cast in romantic partnership as an American actress and a French ceramic artist in their first British film "Lifeline" — a story of love und intrigue se in the French Riviera now being shot at Shepperton Studios, near London.
This picture shows Ginger Rogers and her husband Jacques Bergerac in a scene during shooting.
Britain's New Oil
Dock To
Be Opened Today
By Yorke Henderson
London, Jan. 19.
Helicoptere
Campaign Against Leaf
TRADE
OMMERCE SECTION
Mildew Disagreement Within Randall
London, Jan., 18.
If you sat down to work
out the number of different NEW YORK
ways in which a helicopter is being used today you would realise that I, more than any other type of aircraft, is doing the most to make industry "air-minded."
The Autaretle whale-hunters are using the hover planes to They spot whales this season. are being used for air-sea rescue work and for ambulance
The work today
cannot in
STOCK MARKET
New York, Jan. 18.
rlock markot hesitated after four Sessions of
the
in the Malayan Jungles where shop advance as profit-tsking the conventional planes
Dow recent favourites land. They are being user to brought a amali 1094 plant and
spray
crops. They average. are being used for inter-city and even Intra-city transport. Jo Australin. they are being ukeyt make aerial magnetic surveys of remote areas which be oro-
relentials
bebeve
The declico in the an Krage only 0.00 point for the 65 stocke -contrasted with the woold of advances and declines for the day.
Or 1,150 issues traded, 523 closed higher, 367 lower and 200 umehanged.
Douglas Aircraft rose 2 pointa, Motais 14. and Reynolds General Tyre 1%.
Commission Anglo-Jap
BUT A LIBERAL TRADE
POLICY IS
EXPECTED TO EMERGE
London, Jan. 18.
There is now no hope that the Randall Commission on Foreign Economic Policy will reach, unanimity in its recommen- dations. At least six of its 17 members-ten of them Congress- men and seven nominees of President Eisenhower-are expected to disagree on some point or other.
bearing.
This week helicopters will be used in a large scale experi- | mental campaign against rubber lear mildew in Ceylon. The campaign wd last drie months.
Three of them, it is believed, will refuse to sign the report and will The blight which decreases
present a minority report, while three or four others will present a rubber production in Ceylon by Utilities nanalgeti to alose up to 40 per cent, though it is
12 | higher on average, adding 0.20 minority report, while three or four others will make objections to specific hot of economic importance
point 10 neach 53.74, slightly | recommendations. the other great rubber country below the 12-year record not on
Mulaya-affects young sap- March 13. Rags an
causes successive sproutings of
to fall prematurely,
of
leaves
The experiment is to be con- durted by Pest Control Limited, ct Cambridge. The Arm has ayed locust swarmna in Kenyn, hlight in Turkey und Cuckenafers in the Swiss Conton of Valois where "Battle of Britain pilots have perfected the technique of praying in mountainous regions.
£7-10-0 AN ACRE
of
The accepted farget in Ceylon invalves 18 estates, an area 2,500 acres, which will be given Rve applications of two different sulphur preparations at an over- all cost of £7-10-0 an acre.
According to the Company's entomologist, Dr W. E. Ripper, formerly of the
United States
Department of Agriculture, the results of the operation shoul
on the rubber topping panel be on in six months time.
Dr Ripper hopes the "algnif- cance of these results wil! salisty the Rubber Research In- stitute of Ceylon, the Govern- ment (which has made a grant of 100,000 rupees) and the that the owners plantation
have substantially increased the rubber yield be- sides improving the strength of the trees,
Britain's biggest oil dock will be opened operations
today. In style!
While Life Guards' trumpets blare and jet
salute the
super-tanker fighters swoop in
"Velletia" will nose her bulk into the new dock.
And as her bows slice a symbolic ribbon the
day
Dr Ripper told Journalists to- that spraying in Ceylon
be would have to
DA annual cumpaign, though when
The dissensions within the Commission are likely to foreshadow a stiff fight in Congress if, as expected, President Eisenhower urges it observers later in January to accept the Commission's liberal trade programme.
very were
a
Losses generally small and market said the softening was not un-
Recommendations of expected after the advance last
the the Commission would not al- majority on the Commission are low any rate to be lowered by week.
4 pir seat Activity slackened as the ad-likely to be as follows, accord-more then vance slowed-to 2,000,000 from ing to reports based on tenta single year.
tive drafts circulated among (3) Repeal of the "Buy 2,101,000 on Friday.
American" Act under which the Federal Government must give home producers preference over foreign competitors in its pur- chases.
The NY Stock Exchange bond volume was $5,093,000.
The American Stock Exchange volume was 480,000 shares, United PresA.
New York Sugar
Market
members:
STABILISING PRICES
(1) Extension for a 10-year period of the Reciprocal Trade
Act which
em Agreements powers the President to lower tariffs in return for concessions from other countries. In the past Congress has offered strong (4) Co-operation with other resistanco to giving this
Act nations to stabilise the price of more permanent status; only raw materiala imported from last year it refused an exten- abroad (this presumably would slon of more than ono year. refer in particular to rubber This has made it difficult for the and tin, on which countries like Administration to give any con- Malaya and Indonesia are large- tinally to its tariff policy or ly dependent for their standard undertalte long-term plans. Un-od ilving.)
the New York, Jan. 18. der the present extension
(5) Government World No. 4 sugar
futures Act is due to expira next. June,
workers for companies, for closed unchanged to 2 (2) Authorisation today
the communities whenever injury points higher with sales of 127 President to reduce tariffs by results from increases In
as much as 15 per cent below contracts.
traceable to tariff existing statutory limits. At ports,
Such ald could be changes". Domcolie No. 6 sugar futures are
present the President can gtavt given through tax amortisation, closed unchanged with sales of tariff reductions on a ceelpro- pref
preference on Government con- 133 contracts. Future closings: col basis of tap to 50 00
54tracts and placement, per cent on the 1945 rate. Contract No. 4 (world) March May
July
September
October
March
1.33
1,20
Spot feenia per to fob Cuba) 327
Contract No. 6
1:
March
was
May
done on a large scale, the
In-
July
be
September
November
Imuch reduced.
Bpot
Icents per
Ib. elf N
'ex-deck)
3.73m
5.60
FINDING THEIR WAY
-Unhed Iress.
Port of Manchester oll dock will be officiallycidence of disease would declared open to the tanker fleets of the world.
The Central Band of the Royal in the foundrica of Barrow-in- Air Force will neclann the Furnas 1,700-ton lock gates were opening with appropriate martial | being built.
music
Tugs later towed the along miles of the them 00 and The pipes
coast and nuzzled Liverpool Scottish wit skirt their Lancashire
working ther blessing. Royal Arillery
Into position, thunder their agalust time to beat the tides,
of
PORRIDGE-LIKE MUD
non
will acknowledgment
blic
can-
casion.
From a specially-built 50-foot tower tele and cine-cameras will record the ceremony, Reporters will paint word pictures from the shelter of a grandstand built
for the occasion.
"The difficult:a of using 'spray- copters in Ceylon are very con- siderable, suid. "There are
he
we where no landing grounds
im- want them. We have to provise football fields, causewnys through the paddy and so on. a helicopter can Fortunately, rise straight from the ground.
the "It is also difficult for
the way about plots in find the
Ceylon over
great vista of green tree tops. The pitols will Aluttering from bide by beacons, fires and coloured flags bamboo poles tied to the tops of
On the actual site big loITICS
bogged down in had porridge-like mud and were re- placed by specially constructed transporters to carry away three and a quarter million tons of earth-and sandstone.
driven by 50 a rather grey All this for
Conveyor belt, stretch of water surrounded by horsepower electric moters, and the giunt excavators shifted concrete!
rubble at the rate of ten 2006 But look at the story behind
a minute.
and Sweden This patch of water and you'll
From Norway, see why the head men of the Cornwall came the finest granite Manchester Ship Canal Company to be fashioned into watertight and the oll companies concerned installations for the lock gates. have decided to make a day of When it was all finished the survey engineers who four had jestled cottie years earlier
Instruments, looked dock as big as
Jt.
The story started four years out of their way to set up their
ogo
when survey engineers
looked out over
mensuring
a stretch of down on Book village of Eastham where
A
pasture land near the Domesday London's Trafalgar Square,
the
Manchester
meets the tide
Mersey estuary.
Ship Canal
waters of the
600 LABOURKHS
Since then 600 labourers and
..
NEW HILLS
a
But
"I.W.A. Leaves
Way Open For Dumping"
New York Metal mar. H. Strang, rid today
Futures
New York, Jan. 18. Metal futures closed today as follows (in US cents per lb.):-
1185b 11.60b
Lead
***in Jol
Feb. Zine Jan! Feb, Copper Jan. jcb.
Jan, Feb,
83.00b
$3.0099
8,343 8.37b 20,00b 20.000
United Press.
LONDON PRICES ··
London, Jan, 18.
lead lin, copper and
trees.
"The hellcopters will work from daybreak until 11.00 0.m. when the warm air rising from windy and the ground causes
The conditions which make Rusty accurate spraying impossible."-markets were steady, while zine was easier at the close. Prices: China Mail Special
(in sterling per long ton):— Tlu
Pakistan To
spot
043 buyer 3-month 822'5
ase seller
421
Copper
217
spot
3-monij 207
2071
Lead
Jan
8215
Aprit
81
Zino
Jan-
April
Karachi, Jan, 18.
Pakistani
Take Jap Textiles
It was • dock that inte gerated every, up to dato atoly installation. If any oil is spilled
Japanese and in the dock; for instance, suction pumps wildraw Relear, process-negollators reached an agree- engineers and technicians have ing gear will eitun it up and it ment today under which Pakis- worked around the clock, day can be pumped. back into the tan after day, in fair foul to carve the nation's greatest
rupees toxilles.
will Import
worth
30 million of Japanese
weather and lines again,
beautiful but No dock can be
followed oil dock out of a green Cheshire every effort has been made to The agreement hillside.
long deadlock over prices for make the new of dock as little
the cloth which is being im- Soft, shifting soll had to be of an eyesore as possible.
With the earth and store ported by the Government to and stiffened
shaped with
meet a threatened shortage. and steel. excavated from the dock basin concrete and granite
Komamura, Mr Sukemasa Indulged in a Often tho hummering
sea engineera have threatened to soak irito the spot of large scale landscaping senior member of the Japanese
few hills Cation
Spinners Association, Now Cheshire has a workings.
weren't
when who flew hero Tokyo, At the Canal Company's head took project starich-und cattle roasted carecterent, with AE V Controller them.
M. Khan, Pakistan office in Manchesfor, ninety are already grazing on
As the world's third largest General of Thrices, after a two- minutes driving distant, ert
products petroleum
nour meeting today, gineering staff worked under user
Britain
dock needs the new presume to complete 1,200 vital. Its 19-acre, 40-foot-deep the nest consignons of cloth Khac act afterwards that accommodate four brain will
was expreted in: Karabhi by mid- Manchester University, supertankers 息 time and February, and the shipment of
thelood leista
aver largo-
The and (Four ships discovered the safest speed for carcy 100.000 tons of oil)
of the month. I't been a big job. It's been
Five millors rupen "worth of But it's come off, dou have swady, babe, bokrphst perfectly.
why they the Chopergament
working drawings.
In
pored
of
B
santa models of the dock. They apartheir cargoes at high about 70 müblon Yattle involved
a deeply laden tanker entering the lock. They worked aratern of mulce openings aimed at giving uniform wilt distribu Boh on the floor of the dock and
- ETİNADLAM.
at
this sould be completed as AZAM
So how You sem trumpets will blow and the abands play, the pipes skirt and | Purity
the Jets roar past today..
on for
זמרי
*
72
United Press.
London Rubber
Market
London, Jan, 18.
The rubber market was quiet with No. 1 Rrs spot quoted at 17-1/10.ponce per ib. Prices:
No. 1 spot from ... Settlement house term:
February
17-173
3031-177 176-271
April/June
July/September
March
October/December 1746-377%
assistance
and
training and rehabilitation for workers. It is hoped by this measure to soften the demands of various American Industries for in- creased tariff protection.
(6) Reluxation of restrictions
with on trade
Communist countries in Eastern Europe, but not China. Mr Randall
the said to believe that
US will find it increasingly imprae- ticable to limit its allies trade with Eastern Europe, and that It would therefore be wise for Congress to anticipate such in- oreased trade by authorising
Sydney, Jan. 18. Director of the Australian. Bureau of Agricultural Econo- the International Wheat Agree-y ment offered no solution Australia's wheat problem.
to
He told the Scientific Con- gress no agreement would be better than the present wheat secured he said. pact which, only a fraction of Australia's wheat potential.
He said the International Wheat Agreement left the way epen for "dumping" on the free
market.
Britain was a hard bargain- er, but he hoped the British would not force the price of wheat down
a degree that it would be against their own interests.
to such
Mr Strang sold next to wool, whent could be Australia's bust contribution
solving to
the of Sterling convert!- problem bility.--United Press,
CHICAGO GRAIN FUTURES
Chicago, Jan. 18.
Closing Prices Wheat, No. 2, red
Bent.
2120 Book March 2121 (1) 210(L) 210 May
2014-% July
20314
#pa! March May July
Corn, No. 2, yellow ".
186
Hepl.
2544 2006-34
New York Fleur,
$3.80 based Frnas,
16
(7) Establishment of a monet- 60 help specifie countries obtain dollars to buy American products, No agree- ment is yet believed to have been reached on how this pool would work.
“PERIL POINT"
Malenkov-“So Sorry I'm Too Busy"
Moscow, Jan. 18. Two American college editors, now visiting Soviet Russia, were informed to- day that the Soviet Pro- mler, Georg Malenkov, was too busy to grant them an Interview.
The cutters, B. 8. Huker and Richard Elben, bad written
the Premier king for at interview. The reply, given through E. F. Karthey, Sortet spokesman, was that tho Premier was sorry to in- form them that," at the pre- sent time, he was so busy
that he had receive them.
no time to
The two college editors and five other college col- Icakuca, who have been visiting the Soviet Union, pre due to leave tomorrow for Berlly on their way to Parle-France-Presse,
HONGKONG
SHARE MARKET
(From Our Correspondent)
Business done on the Stock Exchange amounted to $739,- 917.50. "Noort quotations
and
Decision On Sterling Expected
London, Jan. 18. British and Japanese de- legations are now consult- Ing their respective govern- ments before concluding their six-week-old sterling payments talks here later this week, a usually reliable source sald today.
The delegates did not meet during the weekend or today but are expected to hold a meeting within the next 48 hours.
who
Mr R. A. Chancellor of
is now understood to informed ubut the progress of the talks which began here on December 3.
Butler British the Exchequër In Australia, la have been kept
The negotiations still have to fix the overall 1954 Agure for trade between Japan and the sterling area.
The Japanese delegation wants trade between Japan and the sterling area to
be balanced at about £210 million ench way this year, according to the source,
The delegates Last week examined export and import targets for 1954 for some com- modities but the source de clined to name them.
Discussion on these will con- tinue at the next meeting. The figures for the majority of goods to be traded have already been agreed.
on
Until there is agreement the remaining tew coinmodities now under examination, the ́ovéfuli tříde estimate cannot be
determined.
EXPORTS TO COLONIES
The Japanese delegation carlier in the discussions put proposals for Increasing Japanese exports to markets in the United Kingdom, the British colonies and other sterling area terri- tories,
The privato talks are pH- marily aimed at revising the 1951 Anglo-Japanese payments which after three agreement, extensions expires at the end of this month.
The agreement will probably be prolonged until January 31, 1055, the source sald.
The Japanese delegation to the meetings, at the Treasury is led by Mr Koichiro Asakal, retiring Minister in London- Reuter,
the morning's transactions:--. Japan Seeks
SHARKS BUYERS BELLERÐ BALÉS
(8) Provision of Federal In- surance for overseas private This investment by Americans. would help it stimulate foreign BANK
fears investment by reducing that investment would be made on unprofitable by restrictions the repatriation of dividends and Interest, or other foring of exchange control on the part of foreign governments,
the
(9) Retention of "Perif Point and "escape
clause" legislation at present in force. The peril points are points be- low which, in the view of the It Commission, two-party Tarif would be unwisd for the Pre- sident to reduce tariffs on day specifle item. The President can Ignore this ruling but is normal- ly extremely reluctant counter the advice of this body.
The oscape
clauso enables the President to withdraw any tariff concession, on the recom- mendation of the Teria Con~ mission, if its oporation should threaten or cause serious injury to any domestic industry.
HK Bank
Eart Aria INSURANCES
Unten
1010
171
100 1010
SHIPPING
Waterboat As Nev.
DOCKS, ETC. K Wharf Dock
Provident
(Old)
Provident
BO
860 10 @ 650
시
20.20
7.2015 20.70 800 a 2015
3300 1351⁄2 1000 ↔ 13.40
(New)... 12.00 S'hai Dock. 1.10 Wheelock to run
LAND, ETC.
150 Cand Hunggoye
1500 1440 1200 23.40
500 a 13.40
300 @ 12.00
3.10 4.50-70O
4500
1400
鮮味
Compromise
In Reparations
Nagoya, Jan. 18. The Japanese Foreign Minis ter, Mr Katsuo Okazaki, today
believed said he
a "compro- mise" could be worked out in the reparations deadlock barring normal relations between Japan and the Philippines.
The Foreign.
Minister adnit-
ed that there was a wide gap between the Japanese repara- tions figure and the $2,000,000,- 8.15 000 mentioned by the Philippine 15 Vice-President. Mr Carlos F. starting figure" In 8.15 Garcia, as a
100 19
reparations negotiations,
But
Mr Okazaki said, “37 both sides negotiate with sincerity I be
Bity 2.09 2.075 500 2.0715llovo a compromise UTILITIES
Blar Ferry
28.10 000 mi.TO
worked out."
could be
Japan's réparations offer: has 10000
#$250,000,000, 143,400 14 been reported 2. Light (0) 7ajā 14.70" 800 kr 2490 but Carlo, soon after taking
1,000 112 office, said that the
··11,80 12000 24 51,00
SIM
outcome of the tariff Aght will be heavily Indiuenced
figures by the state of economie activity in the US and the pressure of
ridiculously low and sadd Electro .... 20.00
that the new Administration In this year's elections. The pur
national
Telephone ..., 18,30 2014 1,000 4 36.36 | Manila - was willing to staré rent downturn in the
parations
negotiations with 164816316 Ocontomy and talk of further re-
ERE INDUSTRIALS cession as the year progresses Cemen
Japan using $4,000,000,000 - will, undoubtedly be used an
Hope 10.00
starting figure. -- strong argument for shielding sroRES, ETC. locat
from foreign
Dstry
1 Crawlord28.40
pending many COTTONS Congressmen are clearly goingTZU to be under heavy pressure from | MISCELLAN
New York Cotton local business interests to 20
General markets, c.1.1. baum, porta: 200 as mack 3032-1074 Japlagy
20-13/10-101 February March
10-13/16-18 10/10 Kutte crepe inlck unquoted Ketate crepe thin
United Press. NEW YORK MARKET,
New York, Jan. 18. Rubbar futuros today closel 10 to 20 points higher with mažen of 42/contracta, Tutures closings:
20.10
Prices
wist increased Imports, which are after all the aim of lower trade barriors. The protection=
19.40
GATI
***** 16.30 20.40 1,000 ₫ 20.40 | Mr. Okazaki, wald today tit ah early settlement. › of the {reparations, isruo with the
Philippines and other Asian" claimant nations was, “a bhalos factor" for Increasing, Japan's.
nations Trade with those United Press.
દ
Hoen Irish will lange, a strong on Exchange Rates
employmenty denounce", an-
and a bankruiptes
caused by Importa, na Bundesara - was done. In the Agent
Hill, depend on ungmeŠUS
The Randall porning at the fol
Washington, Jan. 18. spokesman for the Tropell market aisle |- Kmbnasy said today · farnet |would shortly become, a member of the "International "Bank and Monetary, and agter, formally, califyingriiking, articine, of agree
Iper
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