Britain's
Air Freighter
THE CHINA MAIL, MONDAY, MARCH 22, 1954.
This is a recent picture of the new Blackburn Beverley freighter - the R.A.F's largest uansport plane.
powered by four Bristol Centaurus engines and is the first British plane designed for dropping heavy army equipment. The plane can be used for Carrying fully- equipped troops, paratroops or stretcher cases in any part of the world and it can bperate without the use of prepared runways. (See story below).
Latest Round-Up of Aviation News From Britain
The "Mirror Guide" Will Help
Fighter
Pilots To
Land Jets On Carrier Decks
you
of
2
This week's round-up of aviation news from London tells
new device developed by Fleet Air Arm "Bollins" to help pilots of jet fighters land safely on the decks of alreraft carriers. A new British freight plane has caught the eye of Australian Civil Aviation officials in London for use in the "outback"-It is estimated it can carry 22 tons of live cattle, meat Animals, heavy machinery, trucks and general cargo, This round-up, a weekly "China Mai?" feature, also brings you other Items of interest from the aviation world of Dritain and the Commonwealth,
Looking in a mirrar will help land in little more pilots to
supersonic Jet yards. land planes on aircraft carriers in
Other aircraft companies are using existing text facilities for missile work--an
example is
300 than
The manufacturers claim low the future.
For the Admusity | operating costs of only 10 pence (th: high all/bude *stratosphere' have announced the invention 3 per ton mile.
chamber at Vickers Weybridge Twenty costing £750,000 factory, where guided missile the "mirror guide".
Hitherto
have bern) on order for pilots
the Royal Air structures and equipment can be guided by
Duf Forte which will probably use ground hand signals,
tested at equivalent and supersonic planes will approach them in the Middle For heights of up to 80,000 f1, and the deck so fast that there will East,
temperatures down 10 -45 not be time to make signals and First off the production line degrees C. fr the pola tu :espond to them. I expected to be delivered 10 The wind tunnel at Bristol,
The new system works by
the Royal Air Force next uulit by the company's
guided night as well as by day and the January.
weapons department,
the first night landings with its ald
largest privately-owned were made by two pilots who
Great #11 supersante before deck-Inndert had never
Britain. It
for designed
speed
The mirros
at night.
is curved and is
aimed
ot slightly Above
the
horizon.
alm
A gyroscope keeps its
Irrespective of the move
tru
ment of the ship.
Blob of Light
out on mirror and
group
tunnel
第
3.5, and new facilities
are
کا
Bank's Decision Explained:
"A More Devious Route
To Convertibility"
From Our Own Correspondent
London, Mar. 21.
A further step towards restoration of Sterling as a truly international currency announced this weekend.
Was
The effect of the change will be to group virtually all countries that are not at present members of either the sterling or dollar areas into what is known as the "Transferable Account Area."
Exceptions "for the time being" are Persia, Turkey and Hungary.
The
Area as previously Included most of
of
#
conse-
COMMERCE SECTION
Retrenchments Of US Labour Higher
New York, Mar, 21. The Democratic National Chaleman Mr Stephen A. Mitchell said tonight labour lay-offs in the first week of March were higher than any week since World War # *And challenged Pre-
sident Eisenhower to take action to halt recession,
Mr Mitchell also told a forum sponsored by the National Democratie Club Now York that "running the' government, with Senator Joseph n. McCarthy uncontrolled Ik Uke trying to land an stro- plans with a loose bomb rattling around the bomb bay."United Press.
HONGKONG STOCK EXCHANGE
Page
On the London Stock Exchange:
Gilt-Edged Stocks
Again
Take The Limelight
· From Our Own. Correspondent
London, Mar. 21.
Talk of reduction in the bank' rate continued to influence Stock Exchange sentiment in London last week.
The advance of gilt-edged prices-though mainly due to this stimulus-was also helped by the latest Exchequer returns and continued re- investment of £72 million paid out a fortnight ago on maturing war bonds.
The Financial Times Index last Friday to 137.6 on Wed- of Government Securities rose nesday fell back to 137.1. from 101.12 last Friday to
101.37 on Wednesday, the day The markets meanwhile con- before the weekly bank rote tinuc 10 draw encouragement statement Was due. Tension from almost daily аплинсе mounted in the Exchange n menta of increased dividends. Thursday us the hour for the In the insurance group, Praden- (From Our Correspondent) posting of the statement drew that have declared dividends of near. But hopes of a reduction 22/6 against last year's 21/- on Business on the Block
were
again disappointed and the £1 "A shares and 2/6 Exchange this morning amount-gilt-edged prices supperi back ed to $432,825.50. Noon quota-In much quieter conditions, (4/- paid) both free of income
And the morning's Industrials were also Arm tions
surprise news dealings:-
until Thursday when fears of "A" shares jumped 11/3 to SBARES BUYERS SELLERS SALEN
Inbour trouble following the £88 and "B" shares rose E/- to erig:neering and shipbuilding 101/8. DANKS
workers' rejection of the en- 21ployers' wage offer caused, the
This will give all countries vestricting their imports from outside the sterling and dollar her and she
well And might areas freedom to ane steriing in herself constrained
to try to irade with third
countries. prevent them from doing this Until now certain countries and thus to conserve her supply could do this only with the ex- of dollars by restricting her Im- press permission
British ports from them. monetary
"Further while as Account quence
of change they might constituted | find themselves able to relax the West their rest
on the import European countries and their of goods the dollar arcu monetary Breas and certain she might well find herself con- others like Soviet Russia, Po-strained to intensify hers to u land, Egypt, and Ethiopia.
roughly correspontling_degree," These countries have had the
"RATHER LAZY" right to use sterling in trade.
Sir Dennis concedes that the INSURANCES among themselves or with any present system of intra-European member of the sterling
area trade
hay been of "rather a
A inzy without prior permission,
kind" kind und that There IS But there were a number of certain T}zk of European other countries including those countries "developing into a lot in the Belgian
HK Bank
East Asla
1805 1700
170
201600
Unlu Underwriters
Bra
#50
SHIPPING
Ásia Nav ...
135
.....
20070
DOCKS, RTC,
K. Whart XD monetary area, at old flowerwemen each pester- Argentina, Brazit and Japan for ing others
Dock
2116 to buy her violets whom the right
Provident transfer 10
and all Anding themselves with-
(0) XD ...412:00 13.10 600 @ 12.50 sterling was restricted in pay-out the means to buy their dully
100 12.00 S'hat Dock 130 Wheelock
ments within their own country bread. or monetary aron.
GRADUAL PROCESS
any
'Moreover all countries in this reasoTI
The
the
That
attainable.
convertible
9
market to hesitate,
The Financial Times Index which had risen from 136.0
NEW YORK
STOCK MARKET
1200 795
LAND, ETC.
HK Hotel. 8.30 0.35 500 5 9.20 1000 220
1000
11.23
600 m
0.30
HK Land XD 6014
100 00
S'hai Land
Humphreys
18.79
Realty
2.10
Tram XD 2012
Light (0) 10
500 G 20 200 3840
on the
500 4 28.60
135 @ 10.30
1000 @ 10:40.
500 16.45
C. LIGI (D) 13
Electric XD. 312
egoins: 2/- on the £1 "B" chars
tax.
On this
Other good news came from Bowater Paper Corporation which
announced that £1,8 million of their ospital reserves would be distributod as scrip issue on the basis of one ordin- Egy share for every three hold. The shares
to rose sixpence 48/-.
der
Elsewhere, oils advanced un- the load of Royal Dutch which Burged shood оп the
of news
the company's de- ciston to apply for sting the New York Exchange. Shares
were
on
quoted on Friday at £42-10-3, a rire of €3-3-9 on the week.
Rubber and ten shares were inquietly firm,
New York, Mar. 21. Stock prices again passed the levels of 1981, in the industrial
average moderately active trading =
New York Stock Exchange last week.
Utilities
were at their best
and
500 18% since Sept. 2, 1931,
NOTICE
The following advertisement
the has appeared in United Kingdom
1000 m 1314 general average which dates papers:-m
back to Nov. 9, 1983, set a new MINISTRY OF TRANSPORT 22 500 312 all-time
1000 1815
2004 313%
300 & 314%
high, Rails, behind the rest of the market,
uge in
400 31%
gained slightly to
Telephone .. 29.20
INDUSTRIALS
Cemoni XD 17:00 18.30
STORES, ETC.
Dairy
500 € 21,40
highest point for
rench the About two
wecks.
100 # 10.40 500 18
21.70 27.80 1500
100
2000 27.10
100 a 27.30
Wation
18.30
+
Rt 7.70
That is why he believes it is If they wished 10 pay in a good thing there sterling for imports trom
are people like West Germany's Dr Erhard other country apart from these to keep reminding the countries
the Sterling Aren they had: of
and Europe
the Sterling to obtain British permission. Area that mutual trade is not. These countries have now the be-all end end-all of their been given the same rights in existence and that they must the use of sterling as these
OUT!
with the. on faithfully already enjoyed by members of good work of bracing themselves UTILITIES the Transferable Account Area to down their
living in the oot MC” world.""
Sir Dennis cltes
a further why convertibility-- group will be allowed in future desirable though it may be in One of the very oldest of
to use storling to settle payments the long run-is not immediately industrial process has been re-
Europeans and among themselves on capital as attait Over t testing missiles (or aircraft work with vives
as on current aucuunt. This other holding the use of barrelting for ale-range from Mach 1.75 to Much
their restric la one more Indication of the sterling relaxed being
stop craft parts-rotating them in a
determination
trade, Britain yf British tions on dollar barrel to give a smooth finish installed to adapt the tunnel for
to intensify transonic
authorities to press on to the might be driven speeds as well, be-
BIDILY and knock off the corners'.
ultimate goal of tween Mach . and Mach 1.5.
multilateral her own restrictions. And even Various forms of barrelling
trade and tunnel The
but the if this did not cause a worsening is unusual
"ade and payments, have been used in other Indus-
nusu
process will be gradual, a
of the position of people living tries for lustance, in the pro- design because it uses heated air
deal has
the Sterling A good
happened In
Arca who as the working fluid in which A line of coloured lights runs duction of bail-bearings—but to
to turn their The behind the seemes since the end wanted
pounds models are tested. either side of the gel the extremely
accurate the
of 1952 when designers decided upon hot air
Common-into dollars, there was no prima white anists required for aircraft par s of
wealth Prime were went!
Ministers Arst facie reason why it should im- lights Is focussed on to the manufacturers in the part have because Jorge quantities
prove it. available mirror from the front, murking insisted on hand-finishing each
from a
test hatched their "plan" for Sterling nearby
convertibility.
Britain has already enabled plan a blob of light which is watched
bouse where turboprop engines part individully.
from foreigners as well as inhabitants COTTONS Now by the pilot as he approached.
has
received a cool reception been found are run continuously on test. If the blob
By
air from the possible to get excellent results
Americans on whose active of the sterling area to buy many passing this heated plane romains in line with the by
co-operation barreling such
it depended-and dollar commodities with sterling frum the engine test house to parla "ས
markets.. hostile
Can from in the London frankly coloured light the prat knows structural
for jet the tunnel the designers did not members
Britain's West European Britain be expected to go much eaming
right lighters and turbine blades for have to install the special cool-
further partners. ungle.
jet engines. Alrevaft construeing and drying equipment which
The Stealing Area has there-penditure of foreigners unless MISCELLANEOUS 1018
have
able get would have been necessary in been
design. This fore been compelle:! to make and until she is in a position at surface-Anishes as ine as 7 to conventional
con- the same time to make a further advance
towards
removing vertibility by easter stages than advance was at Art Intended. The restrictions that still remain on objective remains the same but the liberty of her own and other the
Sterling Area
consumers? Sir somewhat route more devious.
thinks not.. Dennis Arguments in favour of a
"What all this comes down to Is that Britain, the outer gradual approach to fully con
and. Western Area vertible currencies are expertly (Sterling paraded
have got to keep more in an article Dennis Robertson in the current or less in step in their advance with the possibilities of a new rubber cushioning. Inside the
of G1-ton British all purpose air barrel is a solution of
issue of "Optima," the quarterly towards freer system processing
The high-altitude stratosphere review of freight plane for use in Aus- chips and
#pecini
compounds.
economic intercourse Anglo-American
with, the by The difference between this and chamber at Weybridge is huge Corporation of South Africa.
and outside world
especially carlier methods is that the parts "Bask, internally FOINE Gort Sir Dennis, Professor of with America." do not impinge on one another long and 25ft in diameter. It Political Economy at Cambrdige sieel University and a former adviser and to the British Treasury stressCE reduced to a fact that is often overlooked
values in discussions on
on the "pros and cons of convertibility that freedom to exchange one kind
seen
down
E
In the pilot's cockpit coloured light Indicators connected to his tir speed indicator tell him if 1 is flying too slow, too fast in just right.
Ultimately the device is ex-| pected to be fitted to all corriers and at naval air stutions.
Australian Government 01-
10
10 micro-inches as a matter of meant a considerable saving in routine.
switch-aver
to cost,
The this old process hos produced remarkable savings in cost, time and manpower.
Rolling the Barrel The technique Is to put the rough-finished parts
an
Into
vials in Britain are impressed octagonal barrel lined with
tralla.
Austrailan air force and civil aviation officials saw the mill
tary
'The Big Flask
The scale models, of missiles which are tested in the tunnel are built of high-grade tensile steel, carefully ́hand-finished to a tolerance of more than one thousandth of an inch.
of the Blackburn the finish results from contact is constructed of 1⁄2-inch version
Beverley, four engined, box-like aircraft demonstrated at Black- bushe airport last week.
cargo.
with the processing chips.
plates
and the pressure By varying the speed at which density inside is
the barrel turns, the type or equivalent stratospheric packing of the chips and the by a powerful
the
1
un
towards
will be
the
by Sir
of currency for another is not
financing dollar ex-
Singapore Rubber Market
Singapore, Mar. 21.
Sales for the week 0,934,305 27.70 1,786,800 sharas 27.700,107,405 shares in
shares cially
week.
Or
totalled
AND CIVIL AVIATION:
SHIP FOR SALE.
1. The Ministry of Transport shores, averaging and Civil Aviation Invites offers daily, against for the purchase from him of the undermenfloned ship. "as 1,030,497 00
BL
Kong after re- Hong the previous lying"
moval of certain Naval equip ment and stores, If purchased for scrap, certain other equip- ment will not be included in the sale and will be removed before delivery to purchaser.
The reduction in volume re- Accted a shrinkage that accom- tendencies 7.70 panied renetionary
Textile Corp. 7.70 73% 1000 2 7,06
500 1030
7
1000 m 77 1000 À 17
Yaumat Ailled
Invest.
130 140
4:03 4.0715 2000 @ 4.0715
US Cotton
Market
t
Raw
New York, Mar. 21, cotton exports by destination as reported In bales
the
New
carly in the week. Wall Streep said this was highly favourablo in that indicated a lack liquidation overhanging
market.
of
the
off
that touched The thing
in interest the rise was a cut rates by commercial banks "on im- This commercial loans. mediately sent bonds soaring to levels where they no longer
with were competition
the higher yielding stock market.
2. Offers for this ship will be considered from any person and should be made in writing to the Secretary, Ministry Transport and Civil Aviation, Room 4017, Berkeley Square House, London, W.1. Envelopes siteuld be elcarly marked "ofter to purchase" and should reach the Ministry on or before · 16th April, 1084,
3. MATNE" R.N. Hospital Ship of about 7515 G.R.T. 1208 N.H.T. Length 429.8'. Breadth Built 1928 by Ansaldo,
Engines Georgio.
by Sampierdarena,
FAVOURABLE NEWS
Another factor
62.2'. helping the York Cotton List was the House passage of San
Administration tax bill Ansoldó, Exchange for the 1963-54 season the to March. 16 were as follows: which provides relief on double steam turbines D.R. geared to 2 shafts. watertube boilers 239,403 dividend taxation. Britain
103.245
and 2 single boilers. H.P. 3500. €70.007 $73,441
Continent
Total for season excluding Unters 2,015,113.
Same period inst year excluding Intors 2.1226—United From.
Another ald for the rising | Max. Seagoing speed 18 'knöts. tendency was a jump in, the short interest to a since May 4, 1982.
Ship is under the care of the new high Commodore-in-Charge. Hong
Kong, to whom applications 20
The week's corporation news inspect should be addressed. generally, was regarded favour- 4. Further particulars and
an end in itself but the means Future cloeligs at the end of Exchange Rates ably. It included several sharp copies of the form of purchase
to "the promotion of a steady the week wore: and abundant flow of interna-No. 1 rubber per ib. April 561-6814
Ming 30-50 tional trade intercourse and in-
June 666-BU vestment."
The Blackburn Boverley can
“Vacuum pump. carry up to 22 tons of live compound, it is possible to get The great door into the chamber. cuttie, meat animals, heavy results varying from: a horshis opened by the movement of a machinery, trucks and general cutting down to a very fine 40-ton hydraulic jack.
Anish. Large parts up to 30 The entire structure
is on- Because it can land on short inches long are held in the closed in a steel-fremed
shed strotches of grass or desert the barrel in clamps.
the walls and roof of which are makers, Blackburn and General Large size barrels now in use covered with a twelve-inch layer Aircraft Limited, belleve it isnt aircraft factories in Britain of Insulating material. The the answer for little developed can handle up to 500 lb, of parts chamber is mounted
on steel territories, instead of building at a time. At one factory, two rollers to allow for expansion or, rouds and airways.
barrels turning day and night contraction
changes in with
not to Jose substance for It is readily adaptable for process on
on averapo some temperature. defence needs to carry hoavy 2,600 parts of all shapes
and The chamber is sometimes shadow," Sir Deanis rays, There tanks, artillery or paratroops. sizes in a week.
called
'the big flask because of would be some danger of our tho
If substantial' rights the
of doing that quantity enormous
of the
of thois conversion methanol fluid which is pumped Special test houses and round it through coolers by the pounds into dollars were to be
forthwith Charlesworth, said the plane research
extended beeni
Air Officer
Royal Australian
commanding
Air Force,
London, Wing Commander
also
centros
have
5.70
No. 2 rubber per lb. April · 5540-8015 No. 3 No, BUBSTANCE FOR - SHADOW
Spot Tubber unbaled Blanket crepe .......... "We must be careful therefore No. 1 pola crepe habit
1
{Sterling, hate (për 211
1
B54-551
6014-509
United Press
Indonesian rupiah (per 100) Hism ficuia per 100)
8.20
He
the
gains in corporation earnings, agreement can be obtained from
Extension,
Bure was done in the local favourable future predictions by the Ministry of Transport and unotticial exchange market this corporation heads, and some Civil Aviation, Room 4018, at morning, at the following rates: merger plans, along with several the above address. (Telephone U.B. dollar (per $1)
No. Mayfair 9494. 15.60 helpful dividend declarations.
2830). The oil companies continued to report higher earnings which sent their stocks higher all around. The aircrafts had the OL zame kind of incentive.
Singapar, (S\rmite) Indo-China plastres ·iper 100)
London Foreign
pdat
Exchange London, Mar. 21.
plant. This gener
"general body of foreigners," had "definite possibilities for installed at several British air- circulated at the rate of 20,000
A strong demand for sterling under its "new free Australian defence needs."
out factories for cruft
work
the gallons
that West dom" in the non-dollar world developed on Saturday in hour, cooling .kn
point European countries already enjoy the brief session of the foreign exchange market. Officials Impressed gulded missiles and
degrees C. their chamber to -08
a high degree of mulum con- Australica Civil
round tests takes about 30 hours to cool the Aviation equipment. These ground
chamber to this
of their currencies vertibility the Ministry
Actually the'; Continent ha Supply
Perhaps the most useful cam temperatura actual were are complementary to
of through the mechanism of the been convinces for the temperature of a normal impressed with the capabilities air tesis of missiles which take from a
the place at the Aberforth range on +15 degrees C..
Europeans Payments Union Hand week that conlathing was brew parison is one between Satur- the aircraft though
at the Designers
he uses this great In hand with this there; his ing and there har been a good day's closing prices and than of ceonomics of its use in Aus the coast of Wales, and
Australia. tralla had yet to be looked into. Woomera range centres which | missile and systems and items un
martis ftructures untrol over wide area of their domated for sterling wedje agora che han
testing Among the on can the Australian Government
be described
Saturday's lost gweck ago 24" Is a wind surfaces for, testing tunnel
2000/2.81-7/16-2814412.81% -2.01-7/18. the plane's capabilities. NA
models of of electronic equipment; through
18/10 2.72-15/18 - 2.75-1/10 Main cargo hold of the Black-milles at speeds of up to Mach simulated climb to high a
desperit bank 15 Burn Bevericy is 40 feet long, 3.(throo and a half times the titude, and
110-15-1/1818-18/16-12-15/16
of
These officials will report to
guided
mal
10 feet high and 10 feet wide speed of sound) which has been ground level and normal tem
been
of restrictions
mutun "trado,
circumstances, Bir New York In these
Britain
Montreal Dennis argues, to give facilities 10 her partnera Amsterdam in the E. F. O, is turn pounds Block they worn from her into dollark, Hamburg
Mammovement syback to Copent
end on her!
text can take a snaximum load built specially for this work at : pératures:-2 Tho, diente Chơthe. micht Wines on foot, Brüssels”
of 22 tons 388 miles, but can Bristol MAADE and through the chamber
doubid, this distance, with 181⁄21⁄2 || Most of the major British crouted t tons. It can fly, 1,100 miles i suro
ine companies have about 70 mg
engine
the load reduced to 12% built spacial test.ozambers for. ing. tons. It can take, off -in 810 work on power plants:; for, wenn yards by seversing ; the pro- miniles, in particular agam-lata, "boo pellers on touch down if loss and zosket motorwytaking my
(and
5. The Minister - will not any accept responsibility for
Omissions in the particulars and description of the ship or for any information which the person submitting an offer may have obtained from
not
Utilities. had their strong and active apots. Steels, molars, and There were numbørs of indivi- chemicals shared in the activity any person whomsoever,
6. The Minister does dual strong spots in the various bind himself to accept any offer! classifications as well as a long | for purchase and his decision In list of higher prices for special any caro must be accepted as Jagues-United Prose...
Bank Of England
Statement
A. W. WOOD', -k Signed by, authority of the Minister of Transport ande Civil Aviation, at Berkeley Squnro, House, London, W. this Brd day at March, 1954MEKTEN
London, Mark 3744 The Bank of England state- ment for the week ended March: particulary, and roplastor 17, reads as follows R form of purchase ›
Nate, in Gireistation
Publio dep
Frivate
Covertim
セ
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