1954-10-25 — Page 9

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THE CHINA MAIL, MONDAY, OCTOBER 25,

Union Mr Arthur Deakin, General Secretary of the Transport and General Workers'

In 181 (left) and Mr Arthur Bird, the Union's docks chief, arrive at the Ministry of · Labour James' Square, London. They held talks which were fruitless-with the Minister, Bir Walter

Monckton, on the strike.Neulerphoto.

Don't

Laugh At Gable

And Granger

On African Safari

Johannesburg, Oct. 24.

Life in Africa today can still be man's battle with the jungle-in spite of all colour problems, uranium shares and over night air services to London.

Some may be tempted to laugh at Hollywood's "jungle films" and all the synthetic dangers which they make a million- dollar star suffer in an hour and a half.

in

adventure

TRADE arvel COPYMERCE SECTION

Chancellor's Stocks Industrial Share

Never Higher

WINS FURTHER

PLAUDITS

AT CITY DINNER

From Our Own Correspondent

London, Oct. 25,

Mr Butler's popularity grows almost daily, Fresh from his resounding success at the Tory Convention, his “one night stand” in the City of London won him further plaudits. Indeed the Chancellor's stock has never been higher than at this moment.

Mr Butler deserves his applause, His policies though not very popular have proved remarkably successful and none more so than his policy for strengthening Britain's external position...

At the Merchants and Bankers dinner last week Mr Butler revealed that in the first six months of this year Britain had had a surplus on the current recount of £154 million. And that was before counting £24 million of defence aid.

In the first half of the year in this respect were disappointed. Britah's earnings were therefore | He described the first hält your's | running at en annual rate of budges Ngures as "encouraging"

£300 million-the figure mention

od by Mr Butler in the spring minimun of last year as the

to this country

e srengthen her reserves, we pay old debts and play her fur part in Commonwealth develop ment.

abroad. COMPARISON

but added that it would not be

right to build "extravagant hoper on thom.

holding down

Big Russian Meat Imports

--~~ Washington, Oct. 24/

The Soviet Union haa become one of the biggest ibat» Importing countries In the world, the United States Department of Ariculture publication. Forgion Crops and Markets, sald today

The publication 'said the Soviet Union had bought during the first 10 months of the year 18 times more meat

than in sil of 1953, This i

year's Barist meat purchases oblefly from

France, Uruguky, and Deat Märk, totalled 105,000 tons

compared win total purchases for last year of 8,700 toms.

Foreign Crops and Markets: kttributed this Increase in Soviet meat insports

the Soviet

dealre Abvernment's raise .the population's standard of living. Franco-Presse.

SINGAPORE

RUBBER

MARKET

REVIEW

Index Hits

All-Time

High

From Our Own Correspondent

London, Oct. 24.

Despite the widening of the dock strike, which has already held up £35 million worth of exports, industrial shares went from strength to strength on the London Stock Exchange last week.

Factors which sustained the prices dipped sharply b boom-wede frst, the evidence of the weekend.

betere

the growth of British industry Coppers recovered, phrengig exemplified by Ford's £05-In the first half of the week, million development plan; but turned distinctly caster. recond the recovery of the later othe

pound on the world's foreign Teas werd namin strong on tie archango markets; and last but fresh rivo in price of the com by no moons Icast, Mr Butler's mudity, and rubbers showed a disclosure that Britain had slightly higher, tendency

£ 104 million surplus on the

current account in the

half of the year,

first

The recovery on Wall Street NEW YORK

and the end of the London bus strike also helped sentiment in the London market

Industriel

khares singed ahead, liating the Flanncial Times Index more than five points to a new all-lime posk of 189.4 in the first four days of the week.

FORD'S PLAN

Ford's plan to spend £65 million on development in the next five yeora was a tonic toj

the market on Tuesday and the first day of the new account The Company's shares have riven Os Dd to 83s and other mutar

shares moved up' in sympathy.

be

COTTON

MARKET

REVIEW

By William Plunkett

seven

New York, Oct. 24." While he had every hope of

Cotton traders this week Government ex+

found the line of least re-i penditure he

reminded bi

In b strong stores section sistance on the downside. audience of the "absolute need" for a strong defence programme Singapore, Oct. 24. Marks and Spencers "A" shares Losses up to $1.00 'n bale: The record on all three scores and of the importence .or social

The Singapore rubber have risen 78 Tied to 77s 140, pushed the nearby positions to mich

new płak of the lowest level, since - Jajo, after touching ʼn beiter thon

and home arriculture most services But the fact remains that, a tree for safety whzen dusk the man gently down to the is

-The ranger

August-$8.60. a bale below the hod stayed people

expected. The which it was his abeute intermarket had another very d films apart, there is still plenty fell. Shortly afterwards a lon ground.

I.C.1. hivo also had a

a good scasonal highs made Just two of real, everyday

reserves tion to support, The Chancellor active week punctuated at begin prowling round the tree. motionless. The clephant then sterling area's dollar

have risen by £137 million in

reiterated what he had sald times with irregular and week, rising to a new peak of weeks ago. Jeft hore.

Makayi poured some patrol he built a bower of branches over

485 744d, á net gain of ds 3d. At Friday's close the general the first mine months

darlier to of the year car

the Tory Convention: wide fluctuations. Two European farmers was carrying down on to the him and walked off.

The gilt-edged market ex- list was 20 to 32 points 1 to South West Africa found it so brost and then set fire to it by

Crocodiles, the most hated in- On top of that a total of £75 That Britain's economic pros

stream of 1,00 a balo lower than the of Africa, take

According to the weekly reparienced a steady million of debt has been repaid perity depends 21

en sound and recently when they became Bropping a lighted handkerchief habitant

number of African victims every to the International Monetary steady expansion of her in-port of Holiday Cutler, Bath and buying, orders and some useful precoding week.

registered.

The nearby involved

Positions closed" War Co., Ltd, good offtake by the gains were. desperate bare-on it.

Fund end Britain's creditors industriai - capacity. handed fights with leopards. The lion run off in flames. car in the tropical rivers and

the European Payments Unioni----

- FAT MIGHTED DECISIONS United States and Europe Loan $14 per cent was 15s up on lower ground for

sessions AMг Jack Petersen, a

Two lions leapt over a bushestuurdes

in a row, carrying De- Inspector A. W. Wicks, of the Meanwhile, Britain has continued "The need today," he said, reversed an earlier quiet, bballion on the week at 201 158. farmer in the Windhoek district, pole fence nearly 12 feet high

OIL MARKET

cember well below its recent to invest "considerable sums” donkeys in Northern Rhodesia Police, saved

is for far-sighted decisions to while the Leadon dock strike five lorry to shoot to attack

The all market, too, had á leppt from

resistance point of. 3494 cents a expand capacity and increase Roccaluated the, dhentage of lexpand

halskraal (compound) at Pretorious a native woman's life by shooting sighted on

edelency by an ever increasing piyadal coks there avilable to busy week and at one time pound. estate, mother one, prong on Kop in the Kruger National a crocodile which had beized

dealers were sald. to

Market dechalcims sold the The first six months' - simplua - lisá of modem machinery and the inthastry. arm as she was from him

behind. In the Park,

the South African the woman's In

swamped with orders. Angio action was simply explained washing on the banks of the compares with one of only £13 new techniques. This yo Other factors helping to make Iranians struggle he choked the beast province of Transvaal

were an increasing volume of hedgo and Burmahs decision to of the donkeys

Zambesi River. China Mall million in the

to increase efficiency same period of unconscious and then killed i

last year. But where the shid to compard

industria the Singapore market buoyant again in the lead, the former selling kept runting in excess of with

domestic a blow on the head from killed and a fifth mauled before Epecial.

In

surplus incnebebd by a further capacity determine how much included reports that Indonesia rising 17s 6d to 218 2s 6d, and a good demand from his ride butt, He was taken to the lions were discovered.

mills and exporters, to sell about the latter 7 414d to, 28 18. £110 million between the first we, shall be able to produce was negotiated

New hospital badly mauled on face

West Indian oil issues have, dormi peculative Interests was? Bhd second halves of 1953 a

Outside traders trans and atma.

also been, in demand. Trinidad. much slower rato of improve" three, four or five years fonce |100,000 tons in Rusela and that i

it what tost wb produce

Kan concluded a barter ment is expected in the current | 1."

to supply 50,000 tons leaseholds, are up 29 to 328 3dferred attention to Securities and

other commodity markets while" eix months. This is

Industrialiste argue, however, to

A mid-week improvement because

It was learned that manufac» Hold shares was not held and waiting for the supply-demand exports are increasing at a slower that investment would go abrad

picture in cotton to come into rate than that in the earlier at 6 much faster ride it industry turers-in the United States have

clearer focus. months of this year while in- was relieved of some of its ample stocks of crude rubber

en upward present heavy burden of taxa- purchased at much

levels ports have shown tendency.

tion. And they have powerful and jo be using up the NEW YORK following the willes because of a The balance of payments is support from thre Investing to avoid buying at these higher certainly not in danger, but publie who agree with Sir John prices. The estimated consump

Mr Butler neither

nor "the Brathwaite that

tlon for the month of September "the present taxation authorities, are displaying over-rates c

remain in the United States la 106,867 52,692 tons is confidence. In fack judging by crippling handicap upon industry tons of which the tenor of the speeches at the and upon the whole economy: natural rubber. Manor House last week they are inclined to stress the delicacy of

Balance present

of the

Four

were

panle, they escaped by charg ing through the fence. A park game ranger, Henry Wolhunter. knew from long experience that they would probably return the

night.

Ite They did. The shos them both.

Another farmor, Mr Feltz Knoke tram Omaruru, South West Africa, went to hospital

O

mauled after strangling next

to death.

which had been

Lions from the park ател woko Mr Frank Ivens with

Rolls Royce May Power U.S. Plane

trapped, broke tooso attacked "him. He strangled It with his left hand after thrust- ing his right hand into lis jaws. A leopard on the 150f of a

New York, Oct. 24. house at Njakwo, near Rump,

Atung Brush northern Nyasaland, was their rears at a farm where he Proposala in

for ready to spring on the house was staying one night. Driving Rolls Royce cagines to a future owner, Mr P. Coates, Da he out with native servant in a American Douglas turbo-prop walked out through the front van, he searched for an hour. Bitner, the DC-7D, have been door, when friends driving without finding them. Suddenly, discussed with a rumbe; of nir- the

up

Sudder lace, in addition to the Brition Butler recalled that last in a car saw it and shot it.

the native shone

torch, The friends,. Mr and Mrs J.

dazzling a lion and, lioness only Overseas Airways Corporation, Gifkins, had already seen the 20 yards from the van. a spokesman for the. Douglas year he said the Government was steering a course between the leopard

and were, approaching Mr Ivens fired wounding the Company sald here.

path and the waste primrose the house

with a loness which disappeared into cautiously

The DC-7D, specially planned land that da between Inflation shotgun when Mr Contes came the bush,

was too dangerous for turbo-prop propulsion is still and deflation. ** in the desigrestage but the trade fired, Mr Coates had no idea turned at sunrise, Picking up publication, Americans Aviation, what all their waming shoula le tracks, ho was hunting the sold the aircraft should be ready wounded animal when his native servant shouted that the for delivery in, 1959;

to the docr. Until Mr. Glikins to follow at night so he

·were about.

Mr J. G. Moyer, Buperintendent of

Blonosk

W.03

thean.

PRIMROSES NEARER "This your the

primreses

dire

a little bit nearer, he went on

US TEXTILE

MARKET

REVIEW

· Prices | ruling In Singapore market on Friday word: spot loose, at 77% cents.a pound,

I thin crepe, 87 cents.

No.

Saturday's prices cloned 45 follows:

| No. 1 rubisor per lb.

November

December

January

No. 2 rubber per fb.

November

77-13/10-77-18/18

No. 3rubber per 30,

竹の

November

No. 4rubber per

November

Spot rubber unbe

New York, Oct. 24. "I don't propose that we should

Cotton goods sellera be dally and pick many of them. It had been reported earlier There is much more nate and came a little more Puzzled linket crepe A shot in the shoulder at only from Washington that BOAC in view, but we must be careful this week when the long-Nepal crepe

the were negotiating to buy at least cultivated at our national expected revival of buying

12

on the

coming for

pacca failed to

stop enraged beast

which

pounced 18 DQ=7D planes, · Thé, negolih- Assistant biting his let

African, mauling and

Lione were said to require only The Polleo. ht

African the permission of the British WIS stli

with it Government, Chinn. Mail struggling Mbulu, in Tandanyika, had just opened the back door of his when à closer thot killed the Special house one night when a large beast,

pounced leopard sprang in and on a mall pot

The leopard dropped the dog and made or into

the night

Elephants, frequently met by motorists in Cenral Africa, often resent the Intrusk

car. being

Ono ́attaiked a

when Mr Meyer swing a blow driven by an geged couple

at te houd with a lamp he was along a country road in Uganda.

The car, was

-reversed, at top

car that might, after a loha opted for over 100 yards with

Later vigil, t

the

· Kiltepart was shot are elephant lumbering after it

fowis

Man's poàillay Yard," the until the brow of a hill-- hid it;

romview. The elephant then tlogs saved this life of on dave Up. Atellan Balive by attacking 'n loupard which had, mauled the African While he was hunting

in the burn on, kho Mr. Scathere three dogs

Evacuation

Of Trieste

A

Mr C. F. Cobbald, Governor

the of Bank of

England, sounded elmilar note of caution. "I would judge," he said, "the the economy at the moment is running at high speed, but still on a fairly even kcal with the

barometer rather more towards

falled to materialise The Bank Of England

Inxtend

of brightening picture, the situation in pivotal cotton grey good numbers be- came diminer with the appear thee of re-sale offerings at good concessions from the mill level.

The uncertalh Coured of raw

Statement

STOCK MARKET

By Elmer

Walzer

fr

Buyers were hesitant about

lingering belief that the Govern- e ment crop report for November again will show a substantial Increase

Ono observer summed the picture up this

way: Even though'

It is generally agreed that prices

| will: have to work higher

imately to attract additiona

cotton from the loan to

fill estimated consumption "the lack of immediate bullish Inech- New York, Oct. 24.vas deters traders unwilling to Railroad shares all but await longer term resulte negotiated their high, sinco United Prees, 1930 and industrialis, mado | 4,

up much of the recent logs.

In the past week. HONGKONG

Industrials closed with a'gain

et 8.41 points on the week at

808.01. The rails rose 2.10 points

to finish at 120,55 in their aver ago. The high since 1930 in the latter is 120.73. Utilities Jaz vo tavo 'cents...

Higher earnings reports

and

a favourable dividend actions hore

London, Oct. 24. The Bank of England state

ment for the week endod Oct.

20, reads as follows:

prices

STOCK

EXCHANGE

and anticipated helped

(From Our Correspondent). higher on the market.

Demand for stocks ran at a Buchess done on the Hong. fairly high rate although at

times tending lightensa from the

N

recht pacate, "There Washika tendedey to buy locks on the Sterling 1.826.02.4 basis of favourable dividend

$1,800 003 action here and to come

VGATEELS BOUGHT AS Steals were bid up on the 15371 boller that

the big companies would do something handsome for the stockholders in 4

sreek

polation than deflation." I ses cotton prices, with the chance Nofs' Dí - circulation SANG

little in the monetary or credit that the crop will turn out much picture to suggest that we are better than originally expected, Public deposits running beyond a healthy active dong with slection and business Private deporta economy Nevertheless we hail uncertainties, continued to keep out pecurities de well to be walchful and to damper.

interests Triosie, Oct. 24. remember at the

margin bes healthy activity and The British direct canity tous healthy boom te only a Centaur, and the

goth

Cubenating frigates Whirlwind Furrow ond

but, went, further and

nod Roebuck, arrived here the Sir John Braithwaite, Chaire furen day Trom Malia to embark men man of the Stöcke Exchange, więce of the First Battalion of the touched, upon the danger of in- Royal Regiment ? and, if the, Aation youths

Second Battalion Lancashire named the culprithi

-high texa BAN: DIVIDENDS: DEFENDED,

In Rhodesia, two nurrowly escaped with their lives elephants attacked' their car which, chène de o stráll herd

Berambling, tb,asfety, 181M

Fusiliers,/! Malbr

[hiding | Maže

of company

Buying

Govertiment securities

Receipts

The Bank Of

nited Press.

coming

"Aizcrett-drinkd

ed when Dough sepicted sharply. faigher (a) and declared an extra,

Olla movet, up Inventories declined

new-highs with

kong Stock Exchange this morn

ind - amounted on to $877;207.20 Noum quotations and the mrchrning's “transactions:: 14 JUANES: BUYERS Sɣllens SALE!