1954-04-30 — Page 9

10

Photographed at Victoria station, London, prior to leaving are four of the thirly London children who apent Easter on a London County Council

sponsored trip Berchtesgaden. Hitter's Laynu ile retrval in the Bavarian Alps, They were not able 10 ace Hitler mansion, the Berghof, as it was destroyed by bomba in 1945. But they visited

nearby 6,000ft. peak. The Brichtest iden party is one of the Eagles Nest, his chali on Iwo going to Germany his spring. The other will visit the Rhineland.-Express Photo.

A New Riddle From

THE CHINA MAIL, FRIDAY, APRIL 30, 1954.

The Sands Of Egypt

Sakkara, Western Desert, Apr. 29.

A number of sensational discoveries have been made here this year by a Briton whose life work is to dig up the past in the hope of filling in gaps in our knowledge of the earliest days of Pharaonic history.

Professor W. B. Emery, 50-year-old Edwards Professor of Egyptology in the University of London, concentrating on the First and Second Dynasties of the Pharaohs, about which little is known, is con ducting excavations in the Archaic necropolis at Sakkara, sandy plateau, 20 miles south of Cairo,

Most important of his discoveries so far is a tomb and temple which may be that of Ka'a, last king of the First Thinnite dynasty, who lived about 5,000 years ago, or one of his noblemen.

Elis

Another important stela, or an upright lub

piltur inscribed with carl. hieroglyphics.

1

The tomb consists of a great mustaba en fat-topped rectum- Bulur superstructure, so called mastabas in Aisble, seen oul- side houses in Egyptian vilinge

still uncertain.

Professor Emory Sajd the Identification of the owner of his newly discovered "tomb was Excavation in A great enclosur wall-of Trad Jirick with an the inner east corridor, outalue surrounds the whole mustallatior elaborately crenellated exterior

the mastaba, resulted in the originally painted

mot- discovery

large síclu wark desipras

blur.

Inscribed with the carliest green, yellow. white and black

hieroglyphics with the pame Mer-ka, nobleman eniled of a senings of whom were also found in the tomb with those of King Ka'a.

of tomb and temple. wh.ch, a the opinion of Professor Emery 13 undoubtedly the prototype

of the pyramid complex of the later

Third unic dynasties.

Fourth

Professor Emery has found evidence that life in the earliest Pharnanie Umes was of a by no means primitive order.

found,

with red.

The mastaba originally slood nearly 50 feet high, with a massive, panelled enclosure 10 feet thick,

of mud Into

have

On a low mud bench running round The tumb has been modelled a series of bulls heads In-made "What we have

the mud dicates that at that time civilise heads, real horns were inerted. 1 in the Nile Valley was well

We found traces of The purpose of these advanced.

obyinusly is not clear. They may people with highly-urganwed form of govern- been a protection for Die tomb, have been food ment, both political and re- or they muy ligious, with a great knowledge | offerings to the dead man.

architecture, and

បទ with superb sense of craftsmanship in carving wood and ivory and making pottery and stone vessels. "We must remember that the material found was 1,500 years old when Tut Ankh Amun was born."

A descguling passage below the mastaba leads into a great rock-cut burial chamber, which, although entirely destroyed by the charred Are, yet retained

wooden remains of a Krent remi sarcophagus. or coffin.

Adjoining the newly dis- Rock-out chambers which covered tomb, Professor Emery stored extra funerary furniture. found a near-circular structure food and wives for the next life which has set a new archaeok-

gical riddle umony Egyptologists passage, were also destroyed by

here.

CURVES FOUND Although this structure is nt

on each side of the entrance

fre.

From these chambers and the

chamber hundreds burial a later date than the tomb, it is broken stone vessels and places were recovered by the first time that curves have of pottery been encountered in Pharaonic the excavators What was morn which important, clay walings bore the temple

of King Kan and the usually consists of straight liner name

architecture,

and angles. And it may yet names of high amcials of the prove to be a missing link period, most prominent of whom between the simple mastabaiype was Mer-ka,

tomb

of the first dynasty

Pharaoh-kings and the

massive

more

elaborate Slep

and Pyramid of King Zoser of the

Third dynasty.

under

д

Maze Of Rooms

of

A

4

But further digging showed

came from that the stela

subsidiary tomb stone-lined bullt in the corridor inunediate- ly south of the entrance stair- way.

Bones Found

TRADE and

COMMERCE SECTION

Better Tone On US Recession

Hongkong Share Market

By A Special Correspondent

with Molotov exchanging honeyed words Bidaul on Indo-China: Choy En-lai, arrogant, tut talking of "consolidating world peace” these two developments at Geneva restored some con- fidence on the Hongkong Stock Exchange yesterday and the market closed 00 a steady, almost a firmer note.

The market tone yesterday was in marked contrast to the depressed conditions of Tuesday when doubts about Geneva and the deteriorating situation in Indo-China affected a number of world stock and commodity markets. There appeared to be no anxious sellers yesterday and prices held up well and in improved on Wednesday's closing rates.

some cases

even

fran

The turnover-about $1 million-was the highest since the Geneva pessimism set in about two weeks ago. Although Banks at $1.660 | night. This was one of the in- were down $5 on Wednes-unces affecting Wheelocks.

Dalry Farms Bened day's figures, they were u $24.70 on Wednesday a $31.90 $15 on last Friday's price-resterday, but on a turnover of then about the lowest level 5.800 shares, slipped back

$24.70 by the end of morning since the recent boom in cat. The shares are down 60 Banks.

cents on the week.

Unions were betive and about 300 shares changed $865

Broker point out that eye though these shares are

to

In Tuesday's slump the worst Farms, hii shares were Dairy

hands & Cements, Wheelocks, Hotels and Utilities. The recovery cume on Wednesday and developed yesterday but obviously the market is not settled yet and a 101 depends on the events Geneva in the next fortnight.

the lowest-yielding stocks the market at present-Unions al 34 and Banks at ཐྭ༡༣-- Investors regard them 05 the Bufest bet when conditions 1 the Far-East become unsettled,

Youmatly

and wanted were the buying bids Improved from $141 the morning call to $143 in the afternoon. The spur was

oliviously continued hopes of

bonus

TODAY'S SHARE PRICES

at

Shows Signs Of Ending]

New York, Apr, 29.

The United States textile Industry "can look forward with a great deal of con- fidence toward** Autumn," bath for a farger volume and' better prößt margins, Dr Margus Nadler, pro

canor of banking and finance, New York Univer- sity graduate of the Schoo! of Business Administration, sald tonight.

He Apoke at the annual dianer of the financial group of the Association of Cotton Textile Merchants of New York.

consumer

The readjustment in the durable

Roode Industry, Dr Nadler said, "s more pronounced in the soft zoods Industries."

The textile industry. particularly he added, is suffering from 撂 100- cautious attitude of many retailers, who have adopted hand-to-mouth buying polloy, expecting manufac turers to make & prompt delivery DS foods needed.

ext

arc

Discussing the outlook for business generally, Dr Nadler said with the great- the business part of deolino over, “a levelling off process has set in, and later in the year s moder- ato pick-up In production and employment may expected."United Fresn.

bo

In

Big Jump

New York

Share Prices

Pago 0

West German Bid To Build Up

Trade With China

West German businessmen are taking an interest in developing trade with Communist China, according to reparts from Bonn, Last year West German exports to China rose to 104 million marks worth as opposed to only 11 million marks worth in 1952.

It is believed in some quarters that 1954 exports to China will reach a value of 150 million marks.

the

The Increase in German trade Its principal sub-unit is a West with China is the result of a German executive of three. recent policy decision to ex- Partly as a result of its nettvliles pand German trade

thousand West with ten

German Communist countries. It was firms are now listed in designed originally to bolster books of the 18 State-controlled trade with East Germnay, but East German Chambers of In- later extended

all dustry and Trode.

The East

German Govern- ment has already suggested that the present agreement (750 million units of exchange"

Communist countries.

Ommed to include

on a burterṛ busle) be Increased

to

1,000

unlls. million West Germany believes

this

can only be done and further progress made inwards develop- of East-West German ment trade.

if the Soviet zone becomes an entrepol. Its own

Industrial products

are mainly

on the

foo poor to comerkel. But it

West German

Italy Wants

More Trade With Asia

Naples, Apr. 29. Italian Government lead- would be possible to exchangers said today political Chinese, Russian

and other obstacles hamper increased Eastern raw materials for the trade with Asian countries. consumer and finished goods of the Federal republic, West German sources belleve.

CHINA AGAINST IDEA

Astatic marker on

and

on for Italy's

Expansion is pronomy." ajtended by indus

"We

arc linked to the political

sources point out that system of Weste Russia is now ready

10 buy which we direct from the West, and the Chinese wish to import goods

security in belleye, but

no

this, we havo whatever toward

signor Mastinelli told the

Referring to Communist China, Forelin Trade Minister, Mario Martinelli, said he hoped that development of the international situation would facilitate greater While such a development is participation of that country in belleved io be favorable to international trade exchange. the East German authorities He was speaking at the open- who want to import West Ger-ng session of New York, Apr. 29.

mun

goods and

export their "The Stock prices soured in

own goods to other countries in prospects of active trading today, giving the East European area, it the market its best gain in favoured by the Chinese and iriallats, bankers, and traders.

the Bussions. more than three years — G

These rise which added almost $2,000,000,000 to the mar- ket value of all stocks.

High grade Industrials-steul tram West Germany has stocks, electrical equipments, demonstrated by the of the Chinese olls-ran up 2 and 8 points ur growth

now averaRo high delegation in East Berli more to a

The where its members have been prejudices towards us," he said, since October 22, 1929.

MORE ATTACHES average gain

Spushing many contacts with of $4.47 was the

Ho biggest since Jan. 2, 1951.

sald the

Government may planned to raise the number of Rail stocks at long last con- An organisation which

in the flation firmed the rise in industrials, play a significant part

commercial on average to development of East-West trade Asia from seven to climbing $1.61 their highest level since last is the newly formed Committee

14. Utilities were within Aug. 14. 25 cents of their 22-year highs. Trading expanded sharply to 2.510,000 shores, most in a month, from 2,120,000 yesterday. Demand centred In Radio Corp., Standard Oil (NJ), US Sicel, 12.40 Westinghouse Electric, und Gen 333 12.40 eral Electric.

The issue.

com- inancial position at the pany's moment is very sound and 11 bas bis reserves. There is dis- cussion in the market now of a possible extension of that com- pany's ferry services. The crving

(From Our Correspondent) need at the moment is another vehicular service.

The

conges-

Business on

the Stock ferries tion on the existing car

amounted is noticeable particularly in the change this morning

Noon quotations weekends when there are long to $377,022.60. bank-ups of cars on either side and the morning's dealings: of the harbour with motoriste SHARES BUYERS SELLERI SAL58

Valicy, going to Happy

Fan Ling and Sheung Shui, Murket BANKS

1K Bank observers tip a new car ferry; run as the most likely extension. INSURANCES

STRONG RESERVES

Star Ferries have also held up another well recently-ls Is company with strong reserves.

Last sale Was nt $130 but yesterday there were no buyerz ut $131.

A total of 7,500 Wheelock's shares changed hands at $7.50, five cents lower than Wednes The subsidiary tomb had day's price

but buyers' bids improved from $7.45 on the been rifled, but the bones of a

morning call to $7.50 in found

the middle-aged man were

its character as in and

afternoon. Wheelock's gruduni burial contemporary

decline from and yurt

$8 earlier this of the original structure

month is understandable in view was beyond dispute.

of the trend of shore prices on Brokers the local exchange. point out that this company holds

The problem now is "Was the great tomb the burial place of Mer-ka and was the subsidiary grave that of a sacrificed slavo interred

Mer-ka's below

Or, does the funerary stela? tomb belong to King Ka'a and bonour was Mer-ka given the of burial within the precincts of hla insterb funerary monument?"

Dr

Mer-ka WRS a nobleman Dt distinction for on his stala he is

the title of "Rpa". given

of the count, the enquivalent now abolished modern Egyption 4tle of pasha of lordship. He also had another title, that of "Sem", or high priest.

.. Sp

Unlo

..... by

DOCKS, ETC. K. Whart Duck

Provident [Ota)

Sal Dock Wheelock

Ex-

30

800

70

100

100

17:00.40

#1.40

1.00

300

7.40 7,59 1000 Gr

716

200 #1

3000 #7

71%

7.43

4000 F

1000 for 1000 u

Buying enthusiasm

grew as

rolls, long-time market laggards,

broke through the year's high,

from

steady

trade

"We

from

trade

only desire that Ching harbour no operators

German businessmen.

Pietro Campllin

to develop German Trade with the Economie' development its headquarters in East Berlin. South Italy, sald

This committee consists of 151 American old to Rs.

West German, two West Berlin fears of and ten East German delegates. are

Textile Corp.

the

for

of

in the and a possible depression Dushing producers APA traders towards countrica of Asia with her market 1,300 million customers."

He stated

that Italy's trade with Aslu

had increased with

C pre-wor

Dividend compared

directors of the

The and got an added boost from 145 President Eisenhower's statement

without

the

perlod. Textile are

now

of

Italy's exports to Asin 12% of her total against only 4.1% Imports from

rleen from 7.2 to

that there will be no entry into Corporation of Hongkong Lta exports,

propose to recommend to the before the war,

have Congressforint forthcoming annual inceling that Asla approval.

balance standing at the 16%.

"Removal of the difficulties Stock stocks moved up sharply.credit of the proft and loss an Bethlehem climbed to a new

Italy's trade propriations account (subject to still hampering high since 1917 when director audit) after payment of the with Asian countries is linked declared a higher dividend. It interim dividend of 80 cents per to the spirit of collaboration closed with

and

based follows: of as

conciliation, 1 final dividend of 10 common respect for freedom,

LAND, ETC.

HK Hotel

1000

war

..

1000

B

Ad

HK Land

331%

01 200 60

30 2441

1.70

18.50

Ronily .....0.07%

Stal Land Humphreys

a lot of local stures which have | UTILITIES slipped down in the last fort- Tram

...... 27.20 Star Ferry CLight (old)

15.70 13.00 (N) 12.70 C. LAR Elestri

.... 301 30

New York Sugar

Market

New York, Apr. 29. World No. 4 sugar futures closed today one point lower to one point higher with sales of 399 contracts.

Domestic No. 6 sugar futures closed unchanged with sales of 100 contracts.

May liquidation weighted the nearby mouth in the world pon- 50 transferable tract, although notice issued today were ported promptly stopped;

po

Dealers understood India pur- chased a large cargo of Cuban rawe at 3.88 cents a pound, in

tans, to 10,000 volving 0,000 Further buying interest was ro

that

at [ovel.

It was dimcult to imagine, Within the enclosure, pt the that a noble of eyen Merka's Working

blazing north side of the mastaba, is a distinction would be allowed to a tomb so much superior African sun, Professor Emery funerary temple consisting of a build and a team of four, includin" maze of rooms and presques to that of his royal master. three Britons and one Dutca similar to the mortuary temples.

70 Egyptian labourers of the pyramids of later periods,

Emery- Professor

also puzzled by the big are which started digging in the quick. shifting and on January 12 this Into this Immense structure, turnod the mud bricks into red year. The expedition, the only which covers an erça of nearly bricks. The fire must have ported in the world market at foreign one, was sent out by the three-quarters of an acre, were raged for weeks ig penetrate British-sponsored Egypt Ex-is only one entrance on the 10 feet thick walls. plocation Society, working on idazt side. behalf of the Egyptian Service of Antiquities.

Telephone

INDUSTRIALS

Coment 17.30 Motal STORES, ETC. Dalry XD

COTTONS Textes

27:30

8938

€850

60

5001740

2301:00

24.40 74.80 300 24.80 600 a 2415

1000 134

¥32

1000 7.30

200 * 230

1600

7.30

6.30

02 0.20 11# 140 000 141.

MISCELLANEOUS

Yian Fiste Vkumat]

Allied Invt, 30016 2015

CHICAGO GRAIN PRICES

on

gain of 3 points. interi disposed Republic Steel ran up 34 points share be to a new high on news that tho company has acquired what cents per share free of tax on justice and democracy." Signor

1,200,000 shares (as forecast): Campill! added-Reuter. described as the largest deposit

120.000: Transfer to reserve for depreciation: $225.000; write oft preliminary

of

titanium an

ore from which is extracted. Jersey Standard responded to

dividend with an increased gain of more than 2 points.

Out of 1,180 Tes traded, 679 were higher, with 140 at new

highs, for the gear or fonger Only 241 closed lower.

The NY Stock Exchange bond volume was $3,820,000, and the Exchangp American Stock volume was 600,000 shares. — United Press,

DOW JONES AVERAGES

and capital issuo expense: $178,444; Carry For- ward: $357,000.

London Rubber

Market

London, Apr. 20. The rubber market was uncef- Lain with No. 1 Iss spot quoted at 18% pence per lb. Prices: No. 1 füs spot ...... 1834-19 op Wall Street today were as Settlement house termi

New York, Apr. 20. Dow Jones closing averages

follows:-

June

18-163

30 industrials

218.22

Jibly/Sept.

19-301

20 rail

ji uliitties

204.63 56.60

Oct/Dec.

1914-193

Apr./June

154-194

65 stocks

4 bonds

DO TÔN May

Juho July

Comm. future price index Comm, spot price index, VAAN

110.7 General markets, dif basis, ports:

370.63 191.01 430,1 Valed Press,

Mood commodities index

LONDON METAL

PRICES

189/16-18 11/16 159/16-18 11/18 18 11/10-1874 Estate crene May thick unquoted; thin 2014-21-United Press.

NEW YORK MARKET

New York, Apr. 29.

Rubber futures today closed

London, Apr. 29. 10 pointa higher to 5 poissia AN

wern lower with sale of 08 contracts. metal"." "markets steady today. Prices closed in sterling pop long on a

Chicago, Apr. 29. Prices per bushel in cepiet

Clebig Prices tha | wheat, Wp. %, 230°

Spol

204540 MAY 2013741) 2011(e), 2047

2013-11 July

204- septer

2006 Garð, No. 7, pallaw

3.30-40 July

lows

Tin spot

3-month

1836-183

Copper

Land April

3.38

King

An Indian bid for 100,000 tons of Cuban refined was re- ported bogged down over Early discovers thought that question of price. YOF

three months, from sun- it was some sort of ritual

Domestic futures ruled un- rise to sunset, Professor Emery burning, but this is contrary to Clearance of an area of two and his team worked in the the Foligious ideas

changed in a quiet markat of the

Price: geres resulted in the discovery of field, superintending

EXCAVE-

ancient Egyptians. It is possible" A First Dynasty tomb, which tions, and making notes of the that tomb robbers set the place Contract No. 4. (world) may date back to the reign of arcillitectural details, the forms on are to ebillerato traces of the Pharaoh Ke's, in approxi- of brick work, designs, and to their merlinge, but Professor mately 2,000 BC.

on, and where and how quiecte

Emery has a new theory that were found.

dynasils rivalry was responsible

Although the tomb has been completely plundered and burnt

In a big drawing quts it, presents Egyptologists adjoining

Team his bungalow over- with now material of exception.

Importance, esording to Pro- poking the green valley and Morphis, price the world's Lesacs Emery!".

May Jut September tober

for kings destroying the tombs: powery of previous stressing

Profesor Emery, who is now fishing his excavation and re- biggest metropolis, Professor arch for this benacki, hopes to Although the monument has Emery demonstrated the plan of return to Gakkarelateret the suffered considerably from fire the tomb. llls&drwn" it Lyst-well enough preserved scale of 1/50th what your to continuefhin worse?

Hehe is conviando e thate în

for frescoes painted frmerly 6,000 rainute" details which, the axe sands of uret: 14s": the snowa yours and to found by the cavators have been able to trade to one of the clames of anties

babk

Spak Compte per ib, sob

130-102

New York Cotton Market

New York, Apr. 29. Trading volumes and oran Interests in the Exchange today

were:

Month May

Volume

Open intereste

10.600

148.700

Judy

2-$.000

079,400

October

7.400

241,000

December 3300

202.000

March

FN00

ING.000

C

MY July

2,000

160.000

300

12000

October Total

1,700

10,300

02,400

1,827,100 balea

United Pros.

NEW YORK PRICES

Mew York, Apr. 29.

Closing Prices April 1 Apr, 29 33,400 50.400

34.06

54.37

July October

54.83 34.43

230x

December March

34.68

23.900

PLAT

燒

Junty

盛

October

#3,000

United Press

Dealers reperiod = mixed, and London Foreign fel-featureless situation, in the top-

Y

tho

Exchange

buyers weilera minal market.

Dullness characterised 2011 spot market. A limited business, New York

included some two shorts for Montreal Big Juna delivers at 2114 cents; one | Amsterdam 2992 wheat for Aurie at 2115 cents Sal

and three ambers for August no Müniteď. Pres."

at 21% conta, all prices. landed stockholm basis.

Exchange Rates

Copenhagen

London,

20.0516-10-084?

-United Press. Spot No. 1 Rus were quoted NEW YORK EXCHANGE «Beninery, wasifone in the 1pcs at 214 conte ppm, Prices!~

3020-30 { Sogland

||10:11|| uptember

Dece

Blair Liona (ber, 100) Kingapore (BESİNİ

100)

Canada

kijures

#witzerlandTM

ถ

3

-