1954-04-07 — Page 9

Page

The Professor Likes Kissing

And, certainty, lovely Argentine film actress Professor Tilda Thamar shouldn't lack for Tilda is a specialist in kissing but, in her flest British film "The pariners to share her halby. Master Plan" which she is making at Brighton, Sussex, she's to be allowed just one small kisa. Why? Because she plays a secretary in love with a colonel and exlonels are not as other men,

Issen. They aren't allowed fugering

Tilda really is a professor; she studied five years at the Academy of Fine Arts in her native Burnos Aires, Ale, she speaks four languages--English, French, German and Spanish,—Beu terphoto,

Warning To Working

The Women

A Review of 'An Introduction to the Study of Industrial Relations" by Professor John Richardson, Allen & Unwin, 30/-

THE CHINA MAIL,' WEDNESDAY, APRIL 7, 1954.

London, Apr. 6.

became a fixed rule If "Equal Pay for Equal Work" for both sexes, the employment of women would decrease, according to Professor John Richardson, of Leeds University. In his new book “An Introduction to the Study of Industrial Rela- tions" (published by Allen and Unwin, London ---- 30/-), he declares that Lot only in the professions, but also in industry, the Civil Service and other occupations, the application of the principle of equal pay is econo- mically sound and an expression of elementary social justice.

"But over a wide field, employers believe that men are more effl- cient, more resourceful and more productive, whether because of their greater strength, adaptability or wider experience," he says.

wakes

men

In occupations where Use selves trying to equal the men's dustrial relations differences exist, <>"" where output. employers believe they exist,| Proteam Richardson the

of

will be that the removal of prejudice higher than those of women. I¡ ogaasi the employment of in such occupations, equal rates wo

women would enable demand Nationalised and other pub- ware fixed for men and women, and supply to determlar tac employera would

prefer to occupations in which the pay employ men, and the

of men and women

Specialty effelent would continue to be employed, In some might

TRADE

and

New Steel Works In Germany

Hermann Goring's

Is

Dream

Coming True

Werke,”

The former "Hermann Goring which the occupying Powers once swore to level to the ground, installed last Wednesday Western Germany's most modern steel rolling mill.

The mill has cost nearly 90 million marks to build and its foundation stone was laid only one year and one month ago. Soon it will be pro- ducing the biggest steel castings in Europe, and will be working up to a yearly output of over four hundred thousand tons of rolled steel.

Over three thousand workmen have been finishing the job in record time. Many of the technicians come from Berlin and almost 90 per cent of the constructional work is being carried out by the Berlin firms of Siemens, Buraig, and Ä‚EG.

D

COMMERCE SECTION

UK Shares Booming

London, Apr. 6.

For the third successive day: the Index of in- dustrial shares

tho

London Block Exchange

hit a new all-time high.

The index closed today

at 142.0 compared with 141.0 night and the now peak

reached last Friday of 140.8.

Until Friday the all-ihne high had been · 140.6. reached in January, 1947.

United Trem,

Japanese Deal To Buy Ship For Scrap Falls Through

London, Apr. 8.

Negotiations to sell the 15,316-ton British liner Akaroa to Japan for scrap have fallen through because of Japanese currency difficulties, it was learned here today.

She was to have been bought by Japanese

HONGKONG ship breakers for about £205,000 sterling.

STOCK EXCHANGE

The deal has been cancelled by the owners, the Show Savill and the Ablon Line, because

the Japanese Government is not willing to Issue an import licence with the present cur rency difficulties.

The Akaroa

lest

is now on her (From Our Correspondent) way from Wellington, on her

trip, and 19 due Business on the Stock Ex-Southampton about April 30. change this morning amounted She has been shuttling lo $632.094.90.

and Noon quotations passengers

general cargo between Britain, Australia and The Hermann Goring Werke, First,

and the morning's dealings- doal great

of

New Zealand for nearly all the renamed the Reichswerke before dismantled equipment began to BHARES DUYERS SELLERS SALES 40 years of her life. the end of the war, is still return to the Relchewerkce. managed by the holding com- Countries which were allocated pany in Berlin which મા- this industrial plant deliberately ordinates the malpart of over defeated the whole purpose of twenty firms, some of them as reparation by shipping it back far off as Westphalia, but the to Germany. Kreat talk of them {n} the Watenstel-Szgitter ares.

One blastfurnace destined i for Greece-never

gol farther

Buy its original

It is astonishing to see Her- than the free port i Hamburg mann Gong's dream coming barbour. There it awaited its True. In 1938 he planned a] repurchase Town of a quarter of a million) owners, petaple In Lis bicak and formerly backward Lower Saxony,

ויויזת

DI

The state ami then the Federal Government pumped money into the area in order to:

His intention was to create a reduce junemploymeal. The Marcond Rühr

1 of the Relebswerke 60

management was

iron.ence deposits wille indieales

least

of mon ore able to prove to them that this of at Wit more reonomical than resettling the 50,000 refuge:s In other parts of Germany.

1.500 million tons The ores ne admittedly in grade. with an iron content of between 28 and 31 per rent, as opposed

BANKS

NK Bank

1005 1680

19-1675

8 në 103

0 0 1070

2 ap 1073

106 1075

19 1075

INSURANCES

Union Lombard DOCKS, ETC. K, Wharf Dock

Provident

FO

S'has Dock Wheelock LAND. ETC.

TLC Hotel

RK Lond

260 470 20 e 19215

5015

701% TE

.... 12.0

...

S'hai Land Humphreys Realty

UTILITIES

Tratti The management was able to show, ferr Instance, that the

to the G5 per cent iron content investment in a ton of steel was of Swedish ores.

only 300 marks, whereas it would Goring intended to overcome be about a thousand marks in This by making the new in-Bromon, where a new, large- dustrial urea a major supplier scale project was being planned. of gas,

and sterl produrts.

electricity,

The East German refugees showed that they were the The Goring plan foresaw a hardest workers and most frugal steel capacity for Walenstedt- livers in the whole of Germany. Salzgitter 4/ 4,360_1130 tons al

your.

11 foresaw

the supplying |

if a wide area, including townst

BURGEONED AGAIN

as far apart as Hanover, Cassel tory has benefited from refugee,

Just as the Volkswagen fer- He, and Magdeburg, with gar and electric current.

TOWNSHIPS GREW

might be solved by solattar. mosi of them / T Լ common to buzz

In 1038 whole townships came systems and are inherent in the organisation of production. into existence and employment at the Reichswerke jumped to diely owned industries,

over 80,00J. Bike

Iron ure mined privately owned industries, have

1937 totalled 600,000 tons; should be

unrest 1942 more than five million tons experienced industrial and have suffered from strikes.

from this a year were coming and supply Durata f

would! These problems, Ita

single area. varying miso determine The proportions formas, are a permanent feature of men and women to or ema~ | of human relations irrespective

with greatest offfeleney of the croonine system. Llavest in different occupations.

ment of women woutes do equal.

strain

50111411

them-

BIF Has More

Exhibitors This Year

labour

イル the Watenstedt-

Salzgitter complex burgeoned for

the second time.

The iron ore mines produced

200 or 10.30 200 18.30

13 600 m 12.50

230 12.00 300 12:00

706 8 1000 rr A

19.13 2000 up 42 02' 500 421

1.05

10,70 10 30 200 la 18,00 2.05 2.10 2000 2.10

3000+ 2.0715 1000 2.0714

29.30 2000 200, 29.90 500 un 20 40

1000 or 28.49

200 ** 28.40

500 20.40

1000 or 23.40

Star Ferry

120 Light (0) 16:00 18.70 1000 10,0 600 16.0

300 15.70

500 se, 15.70 000 16.70

C. Light (8) 13.00 13,70 1000 ve 11.70 500 13.70

400 13.70 100 g 13.70

Electric

31% 33 300 314,

renerd output in 1932 of nearly | INDUSTRIALS

Cement Gas deliveries STORES, ETC. x millon tons.

Dairy

to a wide area, Including parts of the

Soviet

zone, restarted. Employment rose to almost

and 00,000

unemployment dropped to 4,000 in 1953, This month it was just over 7,000. The British Military Govern~

placed the ment

Reichswerke: Excellent labour relations high on the list of industrial were established. The manage Though the book, runs the "Not In Our Time" plants to be dismantled. It was ment of the Reichswerke has

theme that good hausts relations are at les st .anpurt.pt surers in in ustry gluten efficiency, up-to-date machinery, Lay-out and organisation.

An Art

Industrial relations is an art

for

A class-less roclety in which all sections of the community are united in complete harmony and identity of Interests "will not be established in our time, if ever,"

то Showing how Industrial

according -the art of living together for tatlons differ greatly

The country, Professor the purposes of production, The to

that Britain, Richardson fundamental

says With over a month to garmonious working associations radions

facilitate production by securing with longer experience

has cvolved before the opening of the

management smoother working

collective bargaining 1954

Industries and capital. British

States. But 121 United Fair, the number of ex- "The main problems are not

States there in less and Jack-ouis but the Unite hibitors who have reserved strikes and space at Earls Court and regulation of working conditions class-consciousness.

the promotion of belter American operatives are also

unwilling to bear

London.

of equipping and manning an ordinary stand.

already

purpose s

between latxaur,

and

work

tu

in

ard

3

system

of

than the

the

a

Social

output

was

argued that its

Instituted the system of workers' "surplus to Germany's needs" copartnership in the steel plants and that the mining of low grade and iron ore mines,

ore's

was "uneconomic."

The WBRCS of unskilled But there were other reasons workers with big responsibilities have been increased. Profits for the deliberate

obliteration

of thic Goring plan, About are being ploughed back into

| seventy-five thousand

housing schemes and communal foreign

buildings for the comp-like workers were employed in the suburbs of the "city that was Watenatedt-Salzgitter complex during the final stages of the built in one year." war. They were badly housed

and fed, and shockingly treated. tiously small cats.

**

anywhere

RECORD

GRAIN SUPPLY

Washington, Apr. 6.

Shipping breakers here today

The United States, predicted that the cancellation Canada, Argentina and of this deal would be followed | Australia had an estimated by a number of similar moves, combined grain supply 190,000,000 short tonk

NUMBER OF SOLES

of

(21

to- .

Jan. 1. the Agriculture

reported

They said that Japan's short- Department age of sterling and dollars was

forcing her to slow down day.

purchases of second hand ships for scrap by Japanese breakers. One leading London ship- broker said today:

in

The current

This was a record supply at that date for these four principi "Difficulty in-exporting countries, the

Department sald. is now being experienced Reiting

Import licences from

estimate of the the Japanese Government for five principal

grains is seven purchases of second hand ships. pir cint above the supply a year

This

year a number of sales

argo, 25 per cent larger than the have been arranged, but due Jannury. 1952 supply,

nnel 38 to a shortage of currency In

per cent bigger than the 1046-40 Japan very few have fualised.

average, the report said, "Probably not more than haif a dozen ship deals of this kind

An Increase over the part kave been proved this year.

year is reported for each of the Many more are outstanding, four countries except Argentina,

"Last

licences year,

may where the supply is indicated to have taken some time to ob- he sightly less iban at the tało, but their granting was beginning of 1953. the Depart- virtually a formality."-China į ment said. Mail Special.

Telephone. 28,00 28.80

1000

600

18,20

27.40 27.00

Watson

18.10

Crawford 48.20

300

1200

80

COTTONS

Ewo Textile Corp. MISCELLANEOUS

Yongye Yanali

Allied

Invcel.

200

174

3.70

.. 3.0731

0.002000 8.80 139 142

4 1000

5000

1000 P

5000 LA

1000

The largest “humerled!" galn was in the United States, with a total Increase of about 10,-

ions January, 1953 Bgure,

NEW YORK 509,000 Short

STOCK MARKET

aver

the

Whoat r.prestated 80 per cent of the total increase in the four countries. An estimated 1,940,- 000,000 bushels of wheat is available for export or carry- over, or about 355,000,000 more than in 1953, the Department said.

over

New York, Apr. 6. A wave of profit-taking Argentina'a cxcess late today cut prices of re-

domestic requirements for the current year was about 155,000,- cont favourite stocka

000 bushels of wheat on January point or two on a volume 1, or about the same as on heavy that reporting January 1, 1953, the report safu. tickers ran late for 15

That figure represents minutes in the afternoon.

availability for export and for carry-over into

next crap beginning December 1, 1954. Argentina's

The late activity boosted turnover for the day to 2.120,

akares, compared

000 1,710,000 yesterday,

the

Singapore Rubber in industrials and in face

Market

when the

with

of

the

the

carry-over

last season was described by the Department as "negligible, re- fleeting the very poor harvest of 1851-52"

CHICAGO GRAIN PRICES

Markot observers saw in this Belling a reflection of trader uneasiness after

The total supply of the five sharp rise to new 25-year highs principal grains in Argentine on

January

estimated t 1, was the uncertain world

situation. 12,400.000

short tons"slightly To many who bought stocks in less than at the beginning of September

current

1953.and also below the averago advance got under

It way, Directors use almost astenta-

of 12,900,000 tons in 1945-1949.** seemed a

take good time to There has

--United Press. Singapore, Apr. 0. long-term gains, brokers said. hot been a single strike since

After opening lower the mar "The place had a black name, the war,

ket steadied on

of The

hit sciling

aircrafts reserve British officials responsible for "We can make feel more sellers and

recently-strong oils factory demand. Initially, ordering the dismantling of the cheaply than himoot

such as Reichswerke said. "This is not

The market was steady at the and other tavourities in Europe," It is said at the mulcast of the reasons why It Reichswerke, "because the plant end of the close. Future closings General Electric. Near the close the list met support and prices must go," It took these officials 13 ultra-moder

and we have No. 1 rubber per lb. Apr. 50-50% generally were above the day's three years to make an in-adopted British, American, and

May 5912-504 lows.

Prices per buslei în centa: June 1996-804 ventory and the work of des- Belgian devices and learned a

41⁄2 at its Wheat, No. 2 red Douglas, down truction only began at the end great deal from the example of No. 2 rubber per lb. Apr. 881-537

0744-513 low, of 1848. Four steel plants and Corby."

finished off 24. Boeing Spot

May anii 21410113) rolling muls were

Bus dismantled

down 3%. In the Oils, July and transported abroad; nine

out

04-8315 high-priced Amerada fell 3 September twelve

Desember the

points. -United Press.

Corn, No. 2, yellow were pulled down; the forge,

NEW YORK MARKET

Rails, which have persistently Spot foundry, and one of the two

May New York, Apr, 6.

legged behind the rest of the July coking coal plants were removed

Rubber futures closed today market were hit hard. New September 10 to 30 points lower with cales York Central dropped

13 Perrinber points to $22 in the

day's Spot most active trading.

of

blastfurnaces New York Sugar

Market

Watenstedt-Salzgitter "saved"

Vero

No,

No. 4 Spot rubber unbaled Blanket erepa No. 1 pale crepo

**

the framework of its biggest World No

New York, Apr. 0.

futures 4 sugar

of 125 contracts.

September No. 1 Rss were hall by pleketing it with a crowd closed today 2 points higher to quoted at 214 cents a pound. of women and children when one point lower with sales af 280 | Prices:

Government contracts. the

the

Military authorities were trying to blow Domestic No 0 sugar futures Sept, it up. Otherwise-apart from closed unchanged to one point

Iron Indestructible

are lower with sales of 210 con- mines only about 20 per cent) tracts.

May

July

Dec.

Mar.

May

of its industrial potential re- mained.

22.00

£1,750 31.706

21.00

21.85b

Olympia exceeds last year's understanding between manage more "productivity minded*. figure of 1,080, Applictions ment and work people at the "They are dissatisfied with existing ways of doing things, are still being received at place of work."

A business is a social world do not impose restrictive prac the rate of 40 per week.

but welcome in minlature. Attempts atives so widely, This last-minute influx rush coercion or the use of enjolery, new methods and new machines to exhibit is largely due to the against work people will fall to provided these give opportuni-

the best relations and lies for bigger earnings. popularity of the "shop window" secure

Professor Richardson considers nt the re- high standards of efficiency. scheme, Introduced

n direct incentive to Iriendly that s who quest of

"Only by fair and nianufacturers

profit sharing were anxious to participate but dealing, and above all by con production,

the expense vir interests to work well, than plece rates.

as reparations. people that it is schemes are much less effective

pros- can good relations anti

Professor Richardson is now perlly be

in British Guiana investigating gained. Over 280 of

Despite their passion for free what further measures of social these "shop

-the country Car windows including 70 special dom, British workers often bind insurance show cases in the Jewellers themselves with. restrictive afford. Section have

been practices and:** acquiesce**

In his book he writes that the apid, and the 120 still avaliable slackness at work, making no dificult question of

Injure security policy to be taken up protest against those who are expected

what propor

-United ProsN, their fellow men by failing to tion of the worker's shortly.

earnings

LONDON MARKET do a fair day's work.

World futures heid Arm on should be compulsorily deducted

London, Apr, 0. In many countries, Professor for use in ways dictated by the It is probable therefore that,

short covering and trade buy-

The rubber market was sicody though the London centres of Richardson writes, "doctrinaire State. The principle should be

NEFUGEES' ARRIVAL ing in line with the firmer tone the Fair will. occupy a smaller ideas of the class struggle have to make deductions from wages

futures with No. 1 Rss spot quoted at In raws. Domestic ground area than last year, the for many

unnecessarily only where the

The East German refugees who years

from galny

relatively quiet and Ir-17-0/16 pence per lb, Prices: were

No. 1. Rae spot. 1734-1716 varicly

interest will be disturbed

flooded Into the butted camps industrial relations compulsory social organisations

Settlement house term: f greater.

MAY and have led many work people can be shown to be substantial,

loft by the departing displaced regular. Future closings were:

Contract No. 4 (world) · persons were inevitably unem- The proportion of new to worship false gods." Of Karl and where the freedom, initia-

of the exhibitors is higher than at any Marx's prediction

detive and sense of responsibility ployed and the unemployment ratio of the district became the post-war Fair, and the number cline and fall of capitalism, the of the Individual would not bo

"no Innovations and Professor says that it has

It was highest in Germany. seriously undermined. of industrial developments on view will foundation."

Logically, the artificial town- almost certainly be larger.

people in tutelage and He prefers, he says, some-keeperwise there is danger of doclared a distressed aroo.

Watenstedt-Salzgitter of ship Meanwhile, the Birmingham thing he read in book of 1831: treating them as children when

should then have died a linger Chamber of Commerce, who run "Capital and labour are destined they should be free, to work out

but death. the heavy engineering section of to

The application of doctrin-

one of the] he odds.airo principles and the mo no way £5 true," few odd spaces, all available space at Castle Bromwich, both "Those who preach class warmentum of State machinery malakzément of the Reichswarke should be continually challenged, eald. On the contrary, it was Indoors and outdoors, is now uro either tools or knaves.

a piece of rational planning Nationalisation eliminates the Greater dreosom, should Alled. Many advances

which was only carried out in ¡œpitalist, but the restored wherever this is likely technique und productivity will privatr

the moral fibro. Soo much of a hurry 'boɛaud bo displayed there in the build- part played by management is to strengthen

greater than ever, fot individual character and per war was imminent.". The dream ing, electrical, engineering and usually

began to come true after alli hardware industries».

Though some problems of in-sonalgy.”—China Mail Special..

of

the Fair, state that, apart from] of time logother to the end their own destiny.

in

This

b

May July Rent. Ört.

March

July

Spot-(cents per ib. 'tob

Cuba),

Mor

But "Goring's dream was in Ga Ge Contract No. 8°

crazy"

"Julk

Sept. Nov March Spot

ex-duty)

1234-1736

Juno July/Sept. Oct./Dec.

10-1814 Jom/March 185-1841

Or 1,109 issues traded,

Chicago, Apr. 0.

Cloning Prices

2101

210-21922

2/83% 210-

10734

15146-43

774

Soybeans, No. 2, yellow

May July September

30414

364-3049

270

20432-34

Jantiery (1054)

208-21916

Barley, spot ....... New York naur, 200

mack

120-102

lbs.

$12.30

change shares. Dow

volume

Ex- was $10,000 Jones closing

Untied Press.

averages were:

30 industriala....

304.20

20 raila

10.47

In ultion

08.00

Dá locka

113.00

40 bonds.

were lower on the day, 192 November higher.

The NY

Stock Exchange

bond volume was $4,100,000.

The American Stock

Comm. future pelow index. 181.35

LONDON METAL

PRICES

United Press.

Copper spot

3-month

General markets, tif basis or New York Cotton

3.30

April Play June

177/18-1294 175/16-17 11/10 -United Prome,^

Exchange

Rates

**Businery was done y the local uisemejni exgange · market ... ... this monie #1 the following rated;

Blerion note (ber

Indonesian rupiah (38) 180).

Slam tease (per, 100).

Singapore (alhalla)

Todo-China plautres, (ver. 1003

Prices

New York, Apr. 8. Prices of cotton futures closed |today as follows;--

Spot

Load April

Zine. April

London. Apr,

buyersellers

2271

2271

1123/ .13

70%

78

All prices in sterling per long toíît -United Press.

NEW YORK FUTURES

New York, Apr. 0,0

Lead":"April

12.08

34.34-25

May Tin April

ta.dot

May |

9.241

April

30.10

MAY

Copper April

4015

May

29.331

b-bid. All prices in. UB ownie per

1b-United Fren,

10.010