THE CHINA MAIL, MONDAY, APRIL 19, 1954..
What The New Handley Page Airliner Will Look Like
n.
This is a mock-up of the fuselage of the new landley Page transport which the company has designed for airlines intending to replace the fakħtul Dakota airliners retiring after long years of servico, The new airitner will have four Alvis "Leoniden" piston engines et 510 hy each and will carry 30 passengers at 220 miles an hour. It will be used for air routes where the great heights and speeds of jets and turboprops would be uneconomical.
Latest Round-Up of Aviation News From Britain:
"Backroom Boys" Plan To Reduce Noise At Airports
on
This week's "Round-up" includes news of developments by the "backroom boys" of aviation in their work to reduce aero-engine nulsen at British airports. Not only are thes working on mobile sound-nuillers which can be wheeled from one aircraft to another on the tarmac but they are also working on a sitencer to be bitlt In aircraft engines. Oller items in this weekly "China Mall' feature are: the Comet, serien iwo, flies for its Airworthiness lests: Britain is silti developing new platen engines for its aircraft, and the labour force in The "Round-up" comes to you weekly from the the aireraft Industry continues to grow. headquarter of the British aviation Industry-the Society of British Aircraft Constructors,
London.
In their efforts to reduce the noise caused by aircraft at airports, several British manufacturers are working designs for mobile Bound-mufflers which could be towed round an airport and attached to aircraft be- fore their engines are up.
Full-
Airways
routes
to
thrust. Fuel economy is | Översvas fected, and the only change South America in the late sum- moted has been in very slight mer or early autant merase in Jet pipe temperature | when the suppressur is fitted.
641
Measuring Noise
a difficult thing To
Two months ago a Comet II, flown by de Havilland chief lest pilot John Cunningham, reached Khartum from Hat- fold in just under 61⁄2 hours.
Three new British дета Although it may be perfectly clear to a listener that one note engines will be test flown for souder that another, noise the Brst time later this your. In asscas, what is sometimes called the let These designs are still on the
nge in aviation, it is interesting scientifically. drawing board, but it is hoped Noise is actually measured by to note that all three will be that before long the stage will meters that record sound pres-propeller driven, and one is a be reached when It is possible sure levels. A basic reference new piston-engine, a rare event to build one or more for tests.
development of the level of pressure is taken and since the
above this tre turbine, Airport authorities are study-pressure levels ing the proposals, and aircraft quoted in 'decibels."
The piston engine is the Alvis To compare different sounds, and aero-engine are also showing Interes be- It is usual to make an analysis conides Major, a development cause of the necessity to reduce audible to the human ear, taking level of 870 b.h.p. The Leonides of frequenties of the existing Leonides engine over the range
with a kake-off power at sun the noise caused by aircraft and engines under test at factories. readings of pressure in decibels
test flown in a Major will be at each petave,
Marathon which was formerly The plan is to build these Actual loudness Is measured in Marat tests with
used for
n small mobile mufflers on small trucks, units called 'phons, which relate
Later, production turboprop. with intersity simlar in basic design to the noise
Leonides Major engines will be silencers already built for aero-sensitivity of the human ear totted to the Bristol 173 helicopter engine test houses
wind different frequencies. and
and the new Handley Page tunstels.
A sound quoted in phons is, therefore, a cross-section of noise transport, the HPR3.
ย more precise
One
manufacturers
ut
ol The designs under intensity--but development envisages a small muffler for each engine, Each muffler would be connected to the plane's jet pipe by a funnel- shaped adapter.
When
Tune Down Noise
the
the intake a high-pitched whine
varying or whistle,
is
TRADE
Tight Money Policy Brings Down Japanese Prices
Tokyo, Apr. 18.
Prices of Japanese goods on the domestic markets have been displaying a downward tendency lit recent weeks as a result of the Japanese Government's austerity programine and the tight money policy of the Bank of Japan,
On the Osaka textile market, prices have been dropping. Trade sources said the immediate causes of this downward trend were the possibility of cancellation of export contracts to Indonesia and the decline in domestic demand against the background of tightening of money
COMMERCE SECTION
Russian Profit-taking On London 'Change;
Telephotos
For China
B
The Communist ChlueSE telecommunionilons authori- ties fave announced the
Inauguration of a radio- pleture. Peking, the between
Moscow and Nationalit Talao News Agency reported today.
The radio transmisaldri service of plètures nald to extend to Shanghai,
Hankow, Chungking. Muk- den and Lanchow, the re- port added.
Tatao claimed the tele. ploture service would be osed mainly to transmit Kussian propaganda photos to Red China. -- United Prom.
and credit supply and the fairly liberal appropria- HONGKONG
tion of foreign exchange in the import budget for April/September.
The Japanese steel industry a cut in ex-refinery prices
is already in a clump
dua
the heavy fall in exports
the dec
decline In domestic steel been particularly marked
of
In
which
to zine by 10,000 yoni per ton. and The downward tenderley has
prices of commodities The lower price trend has rose sharply in the carly also been spreading non-months of the year owing ferrous metals, with electrolytic speculative activities.
prices.
to
to
copper falling to 305,0000 300,000 yen per metric ton from 350,000 yen in January.
to
STOCK EXCHANGE
2 Shipping Surprises
From Our Correspondent
Lotion, Apr, 18.
The pre-Easter holiday mood had its effect on the markets this week with a certain amount of profit taking. But the Stock Exchange was not without its excitements.
On Thursday there were shipping share shocks. Both P & O did Cunard ran into stormy weather resulting in considerable reductions in the closing prices.
Both companies were expect- ed to have lower profits as a result of falling freights during the post year. But P & O' earnings had encouraged optimism about dividends. The dividend announcement of a
per Improvement of only two cent to 22 per cent brought down P & O' shares by as much as five shillinge.
They closed (From Our Correspondent)
Thursday night at 81/3-a reduction of Business on the
Stock Ex-3/9. change this morning amounted In the case of Cunard the to $383,937.50. Noen quotations and the morning's dealings-- GRANES DUYERA ÁELLERS SALES
BANKS
HK Bank Bout Asia
MORE STRINGENT Financial circles sald the Trado clrcles sald dealers money market would become were releasing their stocks of oven more sleingent when the electrolyile copper and scrap fi effects of the recent tighten- copper that they imported pro- viously in anticipation of higher in of money and credit started
to show through. prices arising out of foregn ex- They said the raising of rates change shortage. Leading smelt- ers said they were considering of cash deposits for import ap INSURANCES
to as plications as high as 25, per cent for Bome commodities would greatly restrict imports, while speculators would be com- pelled dump their stocks lowing to lack of money.
These circles said the number of bankruptcles and dishonoured bilis was
rapidly increasing, firmia sitected have, so been conflced to smaller
Big Jump In London Tin Price
although
ما
far,
companies.
Union
SHIPPING
Aathi Nav.
DOCKS, ETC.
Dock
1625 1886 1 1 1850
170
00213
1,18
19 300 17,80
Whedlock LAND, ETC.
7.30 7.85
HK Hotel
8.93
ilk Land
S'hi Lord! Realty
2.05
© Liam (0) 10.30 1840 000 1540 200 u 18.40 100 @ 20,40 200 10.40 300 10,40
Financial circles said they the could not foresee how fdr present defintionsty policies Londoti, Apr. 18,
could be carried out without UTILITIES
cracks serious
In The price of tin on the
national economy, London market Has risen Japan's
"It would be a great achieve- by £100 ton in six weeks ment if Japan Ricercas chiefly because of the ex-lowering prices to international cellent statistical position levels with only minor economic and the basic fact that pro-adjustments at home," they said,
-Reuter. duction in 1954 will only slightly exceed consumpTM
tion.
A. Strauss and Company, the London Metal Merchants,
Slow Demand
their monthly review of the For Spot
in market maintain that the
recent statistics published by Cotton In US
the
International Tin Study while Group in The Hague
do statistically
Bccurate
not give the true position.
in
New York, Apr. 18. Dullness in the textile markets,
150 10.40 1000 à
300 at 10:10
C. Light (8) 13.30 13% 10000 195
on
NEW YORK
STOCK MARKET
New York, Apr. 18. Stocks rome again last week taking industrial share prices to the highest points since October 22, 1929 and
1931.
Market expected a scrip bonus But there was no bonus and the dividend was maintained at 16 per cent. Cunard shares fell as a result by 4/14. The final utilities since September 1, quotation was 39/14.
In the doldrums, 100 were
The rise which has been in Calico printers following the progress since last September 14 controversial Monopolles Cam- has carried all groups upward mission report on Wednesday Although railroad shares have on the pro
of Calico printers consistently logged behind the with its recommendation that
hat market, even this group made minimum price should end. The Fangethents progress in rodent sessione, ap
Federation proaching the highest levels of Calico Printers has described the year.
favoured Investars bought stocks Botvily. When these rose to new highs, they turried
to their attention
accondary Issues
the Commission's recommenda tions, if implemented, as likely to be "disastrous" to the trade and the Lancashire textile la- dustry generally.
BONUS .. WHITBREAD'S Bo The Commission found over 98 per cent of cloth printed on Commission
the United Kingdom by hils., procesas, la printed by members of the Federation of Callto Printers." Calico Printers shares fell
shillings to
to kil
three
Much happier, news,
cate
Groups which received - the
trist attention included the air- crafts, chemicals, steels, oils, some of the televisions, tyres, and metals.
There were periods of market recession
during the week But in each fistance the fidding fell off sharply. It Increased when prices were rising. This
from Whitbread. Brewery with it considered a favourable mar their announcement
of a £1 ket
amount of 500,000 bonus Instie on, a for two bagiS. The war-time Hanging the
with a very small
uldntion over-
1000131. 1000 130 2500 a 13.40
Parachutist head of Whitbreads,
Incentive
13.40
Federat
to nów, buying Reserve
Bank
13.40
Betrio...
31 314
INDUSTRIALS
Coment
STORES. ETC.
of
13 Colonel William Whitbread also came late in the week when the
revented that the old and new shares will have a Bhat dividend Chleage reduced its rediscount of 16-2/3 per cent, Shareholders rate
Market meh, were heartened will thus collect the equivalent by, a lotig fist of favourable
17.70 603 1760
Dairy XD. 251 25.00 200 62 25.70 Watson
17.00 ม
L." Crawford 23.00
MISCELLANEOUS
*9
Yauinsel .... 142 16 100
144
1500 or 3.973 Iny.
Ailled
200144
of 311⁄2 per cent 614 cant rise. bounded
The firm's pronts £837,000 up £2,804,000. The shores rose by [8/0° to 107/6,
ckporation
per
reparts, lilgher several fistances, to dividends in
Indications that steel company earnings and dividends would make good showing for the and a sharp, ride rst quarter in department In
store saios in
Gilts remained Jim with guins today of as much as five shillings.
INDEX LOWER
יי
Easter
The stock market along with Although the index of in- most financial and commodity 144dustrial shares, closed the short markets wil reopen on Mon-
week down slightly from lost day. week's all-fime peak of 145.0. to Wall Street observers said the 144.3, the underlying, strength market looked strong and ap was not questioned, says United peared, worried only by the Press,
possibility of a soll-off In the index Government aircraft shares which have had securities closed, the week, at a sharp rise. Yields still remain 102.35, the highest it has been high in the market as a whole, since the Conservatives
WOB pointed cams i
out.--United power, It reflects the Press.
conviction bread
among that institutions
coming via a
stockpile took 3,000 tons out of favourable aspect on the whole Bank Of England which 2,000 tons were sold, preliminary new crop picture. making net aequisition of
4
盒
The
Statement
London, Apr. 18. The Bank of England stale-
for the week
ended Apr. 14, reads as follows- Notes in circulation... €1.70,031,031 lowering of the bank sat
Public depos|ka Private deposits
The review maintained that plus the slow demand for spot the Study Group's figure of a cotton and the much heavier surplus of 8,000 tons, for the rate ol-producer redemptions out
is about ear 1083
10,000 tons of the loan stock were the fac year Both the other two engines are
which affected bullish too high, and that when Ameri- tors definition of the same sound in produced by the Napier company.
purchases can stockpile
are sentiment in the New York Cot- decibels would involve giving a one is the Eland, a new turbo-
taken into consideration oton Exchange last week, whole series of decibel readings prop giving 3,000 e.h.p. at tea
gether with various
other different frequencies,
level. This will be test flown
the 15- A definite break in factors there wag in fact no There are two main Fources In
Vickers Varsity twin-
week drought which had gripped surplus at all. the engine starts, the of noise in a jet, one is that at engined transport,
During 1953 the American the South-West put a uniformly hot exhaust gases from it would
with the The third engine to be 1st flown pass through the adapter into the mufter, which would con-speed at which the compressor soon will be the important new
the list At Thursday's close its size and the version of the compound engine, run, and tain absorbent panels to reduce noise from the jet pipe.
tona. 41, the Napier Nomad. This is a
,000 the noise level,
The review sald. In 1954 the ruled d points higher on nearby This Jet outlet noise-a low combination of piston and tur-
United States is known to be May and unchanged to 30 points roaring resonance-Is caused by bine engines connected to drive dine 20.000 tons to its stock-Jower on new ctop positions, or
inside the jeta propeller. turbulent gases the
pile from Indonesia. It is un-up 30 cents to down $1.50 a balement
the preceding pipe and in particular by the
Govern- compared with The advantage of the composite likely the American shock waves formed by the
stream of very fast-power plant is said to lie in its ment will extend its stockpiling week. type of muffler is narrow
fuel consumption which policy which means a substan Both the New York and New designed so that on four-engined flowing gases as they come in low
for long-flat surplus in the year begin Orleans cotton exchanges will re range aircraft each muffler would be contact with the surrounding alr means extra
ning March 1935.-United Press, distance civil and military air-
open on Monday morning after attached to & pair of gines behind the aircraft.
the Easter holidays. The greatest noise intensity is craft.
MEXICAN PESO usually found in a zone between
Its basic principle is that the ees and 60 degrees to the 45 degrees
the turbine
DEVALUED axis of the jet pipe. The in- gases for driving
highly tensity varies, of course, with are produced the speed of the engine.
supercharged plsion engine and not by static combustion cham Generally speaking,
bors as in the turbine engine. This new version of the Nomad e.hp. and weighs gives 3,133 3,880 1. dry.
Two Nomads will be test flown in the outer positions of a four- engined Avto. Shackleton. The
two remaining
engines will be the standard Rolls-Royce Griffon piston engines.
Another
so that only two mobile mußer trucks would be needed for the one aircraft.
tha
This design also takes into au- count the note from the intake of jet engines-which is an al-
higher together different sound from the revs at which the engine is that coming from the exhaust. running, the greater the volume
in the sound of
higher tre The designer's aim is to tune
by taking out quencies; as the engine speed is down the noise
raised, high frequency noise in-! They hope the disturbing notes.
this it will be creases at double the rate of low
trequency sound.
that by doing possible to
reduce noise to a level where it is not offensive to anyone outside the boundary
of the airfield.
Among the companies engaged
*
**
The test flying programme of
in this work are Burgess Products the new Comet 11 for its Certi-
and Cementation
- co-operating.
by
#
Government securities
Other securities Receipta Bank rado
342,730,171
Money
British
Nylon
London, Apr, 18.
the Gill-edged stocks Prices Reduced 334.974.30
(omelaily, 21,939,250
the 19,007520 Treasury 24 per cent and old consola) soared in price... Both **Untled "Press.
rose 23/9 to new highs for this year of £80%: War Loan rosa
Blue
chips"
British Nylon Spinners, Ltd., have announced at 1 per cent rediction in the prices of all Washington trade reports sald the Government may sell some
Exchange Rates 10/3 to a new high of £8841 ne denler nylon yarns and of of its raw cotton stack oversens
futtered some approximately 10 per cent in Washington, Apr. 18.
was dons. In: the locat what but most of them closed the prices of nylon staple fibre. The
International Monetary for local currencies.
ungoscial exchange, market this unchanged or down D few Fund announced today it agrees
morning at the following rates:- The October, 1955, with the Government of Mexico came on the board for the first 6 dollar (per $1)
Sterling noten (per £13 should devalue the that it
time late in, the week., It opened Mexican peso.
donosian, cupiah (per 100)..
想
delivery
The new rate will be. 12.50 at 33 cents; then dropped to 32.55 pesos per US dollar, replacing cents, and finished the week at the previous par value of 8.65 82.60 cents, bid, or about 11⁄4 cents d'pound under the current pesos to one US dollar.
The Fund also arounced it October delivery-United Press. hos concluded
"atand-by"
d
agreement under which Mexico may purchase up to $50,000,000 from the Furid with Mexican posos auty time during the period of the next six months.
It is The devalution move, explained, had to be adopted because, a "defcit in the balance of payments and an outflow of fund had put an increasing pressure on the reserves of the Hank of Mexico.Urilted Press.
China Seeks
(Muftelite) acato of Airworthiness is Ltd., both companies with con reaching the final stages.. The The British Aircraft Industry's siderable experience of allencing pilot responsible for the test labour force
now totals about equipment for jet engines.
they have been going
on 230,000. This figure, inken from Parallel with this work on several months--is 33-year-old the ocial statistics, covers firms
airframes, mobile mufflers, British designers Mr David Pettit Davies, chief
mattfacturing gines, undercarriages and prp. are also working hard to reduce test pilot of the Air Registra-ma
at its aquirca-in on Board.
pallers; aircraft noise
it dow not include the engine. Univerallies, arid: The Board. consisting of employment in companies mak Government research workers are
accessories for members of the
alrerafting parts and industry, the airlines, pilots alreraft or work sub-contracted
Dior's and outside the main firms. associations, private Silencers ed for developed for insurance Interests, is the body the engines themselves give hope
The probably coveri "C of A'- that noise levels will be up without which no airliner may roughly two-thods of the ale4 preciably, reduced in the future
craft industry as a whole, and some of the new jet en- carry, passengers.
The Inbour force is now half tria: development pro As the ·Board's chief test also inherently low noisy than plot, Mr. Davies, who lives at as big again se it was in mid- Twickenham, has to be able to 1950: when employment began By any type of plans that comes to rise. Since that time, secu Tasts so far made, on balss within the Board scope. During 3 years ago, it hatipored
about 30 000
Eines under
carljor types.
which fauts
the
kib gemướn th? (847 Mass blow the war he was a Fleet Air Arm Byung knikte og mang that contrary to redtat
The Comet II, which with the adway la mild in
when they, wwe ntted id the carry more gampora further about the
and faster than The exiting January this year, kimrəs Comet, scheduled for Brilian net intake of 19002
pipe they reduce the notes with
out any considerable. Apduction
US Industrial Output Down
38.
Washington, Apr The industrial production in America slowed down a little in the first quarter of
the Government reported усп
Búdness
Tobacco
5.71 penes, Rolls-Royco lost. 3/0 directo, Bagnall, the managing "Ther row prices nylon textie Shares of the Hongkong and kepest in the world; Blam Ucale (per 100)
2. the Bingapore (Straits) Indo-China plastres (per 100y 118 (umbled £4 to 20234.
21.00 24.50
Скоре
aro well below they
by United
States, charged European and Japanese, pro- ducers and give British textile start exporter favourable
"Lady Attaches" Wanted world compotion, the
For Stock Exchange
London, Apr. 18. –
The mafe-bound walls of the Stock Exchange shuddered last week at the first, distant bugles of femininity.
For stockbrokers are looking "They will need charm and for Lady Matischst", half good looks, a dress sense, and commission...women who would a smart head.”/
xamples are: 39/0 per 16, for 15 deler nylon yar Cctretien prico, 40/9); 17/9 per lb, for 80 dénior (formerly, 20/101 United Press.
Ր
Tungsten · Price
10/
London, Apr. 18.
The British Government to month, day, räland ita, soklásig
ci ani nrækkaði basis-déciftied to bring orders to buy or sell But they will not be required tungsten cres of standar $549,000,000,000,
stocks, and shares and who to put the almost regulation cent grade and ordinaty Wool Tops with 308,000,000,000
In the would par half the commission bowler on the war bed No; y 10 shillings a unit.
no #lly hats," added one stocks typole Materials, announ fourth quarter of 1996 year and charged on theme par
broker
Millings) to 210 Kajet $363,900,000,000 in Last
would topper -gord of, woMÉN well at this new.City.careatz his
#YANG VON How much will the Indisë
nako? It depends on the Bila
Bradford, Aps, le
seeking aubutantial Hefits of wool top bat, can available baloče, the dealer suid inday: are faced within
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