1954-11-04 — Page 9

THE CHINA MAIL, THURSDAY, NOVEMBER 4, 1954.

BRITAIN-PARADISE ISLAND

ΑΝΑΤΑ

U. S. A.

BLACK & WHITE

COLOURED POR

POP 90%

2%

ATLANTIC

20,000 EMIGRANTE

SINCE THE WAR

BRITISH

GUIANA

TOTAL POP BRAZIL

1,500,000

You

"OU cannot tell the calypso

Ningine

Jarmalenus

12

Brital Is not an island paradis

"I couldn't br Jamalea, any was.”

wutse they

BLACK & COLOURED POPULATION OF UK.

1939 I0,000

OCEAN

1954 (75,000

400009 FLAKES

IN 130 YEARS

brothers and cousins

in Liver

pool and Brixton, (eling them It is better to be in Britain even when out of work and lying o¤,

thai Nallonal Assistance.

They point to their thousands of warmployed, the high prices. the minute wares, Thr.. the v from drag Lattered old letters

thely parkets--letters from their

So they BAVE ដ the £90 nerden for the fare. Or else they hide In halda as #low- aways, armed with nothing but the apurt which

USIERRA EONE

GOLD

JVORY'

IRCOAST

GULF OF

GUINEA

"open sesame" 113 port.

T-EN

It recalls that grimmer flow of the slave trade.

When 800,00 from Negroen

were shipped Africa to Jamalea between 1680 and 1820.

Since the war 20,000 dusky, happy-go-lucky Jamaicaps have

the made

Crossing--8,400 their them this year alone.

LUCK PLAYS ITS

PART

FOR

of

ARCHAEOLOGISTS

By HUBERT HARRISON

Vienna, Nov. 3.

Dr Hermann Vetter, of the Vienna Archaeological Institute, who is excavating a great Celtic city on the Magdalensberg, 3,000 feet above sea level, near Klagenfurt, in Carinthia, believes in luck.

"Luck," he told me, "is a most valuable ally in archaeolo- gical research,"

As an example of the important role of luck in archaeology Dr Vetter recalled that it was a Carinthian farmer ploughing his fields at the foot of the Magdalensberg mountain who turned up the famous statue of Greek boy-which led to the discovery of the Roman-Celtic remains in the vicinity.

Even

centre

<f

erently. Dr Roman tunes, the Magdalens- Vette, sunt, ung people patet, bwrg Jl been ing a trest

Mageladene – Cthe culture Teng, net tar from his excava

banst something hard When they dug it at it proved to be

hrad curved 2 marble

Nex'

day thev

doin

Naricum Jane! trade ant cultural relations with Egypt, Greece and North Africa as well as Italy.

Among the discoverin al- ready made is a tine large purs Homent building with central

Amid the charred remains of The posts in the post-holes, Dr Roman Re- Vetter bubblypo 03 of Ulic first heating, a a bakony with stone

founel

A

تقاد Th

Beentury befro Christ. the suggests, he said, that the

hall by

bound to De Hedwig Kenner, at may have been destroyed Prof Pot of Vienna University | fire about this time,

also gaved on excavabons at

Mag aenslang Di Kemur. Shaped CM aut e pervelly Jor be pela at Cixford à id at oner

Seal and most com-. pe po-Be in 19 Sculptures yet fra 1

the Pumpe, with Dekl exception 13 few

ICL

A 4 in the south of Franco"

1

couchita for the Lords, and FL banqueting hall, huge

neur which the remaus of a primit- tive refrigerator were found.

Two years ago a well paint- ing of n horse, dating back to The reinote historical times of Celtia mysticism, was found. #ccording This was probably,

TRADE and COMMERCE SECTION

UNITED STATES

NOT GETTING

SHIP

new

ORDERS

Д

Anglo-Iranian Man-Made Fibres.

Bonus

London, Nov. 3. The Anglo-Iranian ON

decided Company

today

to recommend a 400 per cent share boints to stock- holders.

The recommendation follows the announernieni last week of the terms of the Persian oil agreement.

The company's board also Beelded to propose to share- holders that its name should be changed to the British Petroleum Company,

Limited.

Washington, Nov. 3. The United States has suffered more than any major maritime country in the world from the decline of

orders for ocean-going merchant vessels during the last two years, the American Merchant Marine Institute says in report published here.

It adds that net

pany a single order had been placed for such a vessel in the, United States on private account during the fiscal year which | ended last June 30. This had enabled Britain to become first among the tanker-operating countries.

or

in an analysis of the world's merchant fleets, the Institute stated that the world's shipyards currently had on order

under construction 16,156,000 deadweight tons of ocean-going vessels, or almost 6 million deadweight tons below the post-war peak of 22,146,000 tous in July, 1952. Even so, current world construction Was 75 per cent above the volume (

recorded at the outbreak of the war in Korea.

The analysts showed tal, on United States with 10.1 completion tul personal

31 of the world's tanker fle: zirurlinn, the wtralit's itstal in existence was having bull' geran - going merebant feet for private

necourt only 23 total work tarki

Tula hamited in-

US

the 47 per cent lager; permat of in existence in nst uetum.

lager, struction of tankers 144 4013 than it with now.

Hing operation hindi ponudbevi

than the f

11236

od 10

Tankers represented by far the U.S. tunker feet's

the greatest proportion

word's meretant

of the trust first to recond platen berr

Meat Time vesels on on Beffan for the More than 10 milion; et ve 1039.

of tarkships, dencwengli” fors

order.

or

of

02 per cent were ony order, according Th analysis. Freighter

In the

Exports

Up 10 Per Cent

London, Nov. 3.

Export markets for British man-made fibres were less stable than home market and will demand constant attention, the Chairman of the British Man-Made Fibres Federation, declared at the annual meeting today. Although the value of exports was 10 per cent higher than last year, the pattern of trade was changing.

The Anglo-Iranian Com, owned the Abadan oil refinery before It was nationalised by the Persian Government in April, 1951.

Perslan oll began to

flow only last Saturday following an agreement by which

eight-company International

Japonese Consortium,

Lover, the Chairman, including Anglo-Iranian,

zulfasatil started

the oll again. Reuter.

an

HONGKONG

STOCK EXCHANGE

(From Our Correspondent)

Business done on thes Hong- kong Stock Exchange this manh-

amounted

$730,437 10. Nuon quotations and the mar~ ng's transactions:

INT

the

freighter type, the futul, analysis showed that, at com

to pletion of current programmes, con- the world's fect would be 22 struction was next in ste with pr

cent larger than 5,700,000 Tere.

gitar in 35 per cent

וני

passenger | Wal.

of the total, with carrying vessely making up the balance.

DH

world

TRADES BUYERS SELLERS RALES

BANKS

UK Mark of the second

Kurt Arlo Whil

this constracion | INSURANCES intended

about

Underwriter for

30 30 STEPPING Done wit for private Waterlout Ownership under the U.S. dag DOCKS, ETC. pespite the fact that the U.S.

137 per rert of the showed that, world's freighter

feet. Prin- cipat countries Chat were LAND, ETC lanker construction had been having freighter tonnage built

ANALYSIS

ontulysis

e

thar

f t be wind':

Scaled by Two Buttore-Nor- why and Britain, with 25,6 and 24.6 per cent respectively. The

World Cotton

Markets

New York, Nov. 3.

110 150

SOU

10 30

10 90 20 40

Duck

22.00

000 234 Provident (0) 1420 14,30 1000 in 14 20

2017 14.30 Wheelock

0 7.83 LOOK

HK H

7 63

330 or

7 00

13 30 1345 1500 15

ย

2000 + 13 60 1540 13.50 B013 an 2300 13 40 IK Land .. 59¥ Go 700 DO Humphreys, 21.10 2115 Realty 6.2.10 3.121) 0000 22.125

for their registry were Britain, 30.3 per rent, Norway, 13.0, Germany, 9.1; the Netherlands, 8.5. and France, 4.8. ! The

world's fleet of passenger- carrying vessels might again UTILITIES Teach

its

level, 1939

the analysis saith. Even now, almost a decade after the

the

Varrying feet

!

world's

was 32 per cent below the gross tonnago r existence in 1939 and with the addition

current construc-

or

18 70 13.90 2750

Australia anet New Zealand a took pubstantially Ithe4 but i other Cunumun wealth corupties took

Whitlo Teensing

Both freely.

pit

Eeloca exports were

manufactured

Kingdom.

いま

Mory-

royadı

rant wholly

[1 The United

GREY CLOTHS

Grey cloth Jumports for pr れないだけよ! and re-expo

were

Arvarly 10,000,000 yards munud-

ly. These however, were

NEW YORK

STOCK

MARKET

New York, Nov. 3.

Wall Street celebrated the

elections today with the big-

cheaper grades, and there is no get market gain in 15 years

doubt that the Unitest Kit-

grade goods,

dom's future lies with laugher -- $2,500,000,000 rise in

value of all listed shares.

No important change is X- Individual gahe ranges to 2 preted in the home market in ţarat 3 points in all groups — the new Sutare and prospects the gel motors, chemicals, were good.

metals, rulls, aircraft.

The Chaistuan added that The better-inn - anticipated delegation to GATT briefest on results of the elections

found the value of Imperial Preference the market in an oversold por for the industry, and felt that tion, ready for a sweeping rise. the Japanese delegation ut The heavy dow of good cor- Manchester to discuss allega» (porate new, torgely ignored in tions and fair trading pre-teent election uncertainty, add- Bees bad shown weltumeed drive to the move. willingness to strip these oul." -China Mail Special,

The rise although pared a bit ut the close, loft industriala up $7.54 on average their bent Kain suce Sept. 5, 1939, follow- ig Hitler's invasion on Poland.

World Rubber tan and utilities followed suit

Markets

Shugapore, Nov. 3.

The market was active in the

morning. Proft-taking brought

with average Rain over $1.

There were 1,124 sucs traded, with BIB of these higher on the day-largest number of advances smice airly June,

The trading pace stopped up

e 18 a0 prices off temporarily but when as the advice progressed and again turnover of 2,700,000 shares on

this absorbed! values

10.40j nevarerd and the market closed the steadily improving outlook

for that industry; now producing nt the best rate of the year.

Bethichan Stoel soured nearly

70-7/18-79-9/163 points, ex-dividend. U.S. Steel.

Ph.D.10.26-7/1

end of the

Tram Star Forty Yamal Ferry

Light 101 10.30 16,40 1000 301

132 133

154 157

16.30 tendly.

passenger-

800

10.40

C

Light IN 18.30 13.40 1000

Electric

13.30

Future closings WITC:

100

13.30 No. 1 rubber per il,

34% 34%

23 344

November

0034

December

Marco Fire Telephone

10 00

January...

ungcofed

November

70-70%

November

771%-70% 77-774

7194-7014 0715-0031

Abated hedge selling andtion, the fleet would be only 75 sterngth of Uto stock market per cent of its

pre-war size. combined to prop cotton prices The United States, with not a today after mixed start,

ringle passenger carrying ship INDUSTRIALS After scoring galus up to 13 on order, was behind 15 other points, the market cloned !

to nations In the restoration

Coment

of Rope

9 points higher. Opening prices ruch ships. With the completion STORES, ETC

1 point. Newr Orleans closed up 2 to 3 points for Britain,

(of 19 passenger vessels on order

the analysis sald

to

up

Infor

10

gross

Special.

Mall

. 29.30 29.80 1000 67 29.61 | No. 2 rubber per ib.

100 20+

13.60 No. 3 rubber per tb.

300

300 291,

34 341, 500 m 34

500 341.

7.10 500

No. 4 rubber der ib.

November

Spot rubber nabated T5-2015

Blanket crepe

No. 1 bale crepe

NEW YORK

Stool, Republic

2 points or more.

Du Pont

Armico rose

climbed 4 points,

Allied Chernien 34

chemicals,

Motor Israes were alrong.

tho

Gains in the metals ranged to

3 points or mare in Kennecott and Magma Copper,

to

(7.20

Dairy

3.10 20.30 1500 10 2030 Watson

17.20

Futures today closed 57 to 75 12) L. Crawford 23.90

points higher with sales of 141

Textilo Corp.

7.03 Contracts. Nanyang 10.20 10.30 6000 « 10.30 Higher cables and strength lu

In the ralis gains ranged the local stock market, plus a more than 3 points in Atlantle Entertainment 15 70

sentiered 5.00 5.85 2000 0.05 Conilining

Consumer Coast Line, Allied 4.12% 4.17% 1000424.12%, demand in the physical market, The New York Stock Ex- supplied the background for thủ | change bond volume was $3,- higher price trend,

380,000,

Tho American

volume

Yan to

off 3 to.

Switching

of Dvermber con- (that country's fleet would total COTTONS tracta

positions,

2,950,000 gross tons. represent- presumably transferring hedge hig 32 per cent, of pre-wor MISCELLANEOUS_ positions forward, made up

tonnage. China good part of the activity.

Subsequent rullying tendencies

In face

Increasing ex- pectations for a sharp increase in the Government crop estimate on Monday

open

came

Trading volumes and? interests in the Exchange today

WETO:

63,100

16,300

Asenth

Volume Open interest

Altogether. Dr Veller

con-

siders that he has every reason To be pleased with the results of the year's excavations. has discoverert that the bath.

to Dr Vetter, an antique, and bitserved as such, even 2,000 years ago.

Dee.

£1,300

471,500

Mar

38,800

May

34,50

340,500

July

27,000

Ort.

1,700

102,200

Dec.

Aior

4,000

Total.

182.300

Kenner's verdiet

Way

ed by

Professor Fruti- mond Benoit, Develor Mare Borely at Marseille, who happered to be velling the Carovations.

NEW YORK

Ure

This Cette hend be told D: Vitier and Dr Kenner, "s 'ont of the inst significant examles of Celite art, and puta nil other Celtie Ands in Central Europe in the shade,"

2,710,000 hales

Sino-Burmese Rice Deal

Signed

100 15.70

New York Sugar Market

10

2

New York, Nov. 3. World No. 4 rugar futures to day <losed

unchanged points higher with sales of five This, however. i only the

contracts, Roman-influenced fringe of the

Domestic No. 6 agar closed great C-l- elly whom ruling house which he uncovered last

unchanged to 1 point lower with Rangoon, Nov. 3. year and which was among thelle. Dr Vetter believes, beneath

China will buy 160,000 sale of 15 contracts, bust preserved

the mound of bath-

the Magdalens- houses

Europe, In

coming her mountain.

next

long tons of Burmese rice activity developed In the second only to those of Pompei, lew

Prices of futures closed today under an agreement signed market Dr Vetter hopes to years, only a small part

prove that this city was of a minken palace whose dimensions Norela, the ancient capital

(330 Noricum, a city mentioned about 100 metres ert) by 100 metres (330 feet), | history but jost during the Dark Ages.--China Mall Special.

were

Roman

in-

He has also found during the year o set of Celtic tools, cluding a sickle and a mason's mallet, which show that these tools varled hardly

hair's a breadth from those still used

by craftsmen in Europe today.

Another Interesting find is a

of

All three of these experts in horn and part of a skull which Celite art oereed that the newly were among bones in ono found marble heall, earved over 2000 years ago

UIC by known Celt bore a remarkable Magdrinsberg.

likeners to the hend

Inte Benito Mussolini,

of Erin Fascism.

to

LITE→

mony

the impression of a modern | lan highlands, lie sald,

Traders

in Peking today, it was feature. officially announced here.

No price was disclosed.

sald not

to shw A

Futures closings: Contract No.

Innllary

agreement was signed March

once

as follows!

of

Spot

35.00

in

Lite.

34.40

Mar.

34.79

May

July

Tho

35.14

Oct.

34.85

under the Protocol

Ixe

26.71

Mar.

|three - year trade

31,4

NEW ORLEANS

Big Chinese

Cinema

Tráde

lo the Mar

July treaty be- Reptember

in

Moderate spot sales included cno sheet for November at 274 change

with Centa

November

four shares. sheets done at the same price. One sheet

also was reported

DOW-JONES

Stock Ex- was 810,000

AVERAGE:

done for January-June, in equal Dow-Jones closing averages monthly shipments, at 271⁄2 cents four ombers for November went follows: on Wail

Street today were as at 25 cents and November fiat so industrial bark 22 cents a pound, all landed basis,

Spot No. 1 Res were

at 27% cents, nominal, Prices: Conim future price index

Dec. Mar

enough May either July trading dept.

tween the two countries, signed Soul (cette per 1. fob Cuba) In Rangoon last April.

Contract No. 6 Under the trade treaty, all Prices of futures closed today payments are to be made in al

March Mar

sierling. Today's agreement wes September November signed by the Chinese Minister Spot (centa per beir NY for Foreign Trade, Mr Yeli Chi- ex-duty) chuang and the Burmese Minis-

LONDON

quoted

20 rail 15 uition 63 stacks 40 honds

20.00 27.89

247.70

27.00

21.40

27,33

The market was fully steady.

No. 1 Rso spot quoted, at 25%

320 Nm, 1 spot Nas

General market, eif basis, ports: Nov.

3014

United Fress,

Chicago Grain Prices

Chicago, Nev, 3.

Wheat, No. 2, Hed

Closing Prices,

Spot

Dec. 2231(1) 2211%(1)

Mar.

May

4 (world)

3.22

3.10 pence per 1. Prices;

2314-2514

za Settlement house term

Dec. 123

24-2410

325 Jan/Mar.

Apr/June

2314-2341 231-215)

July/Sept.

23-231,

5.43

Oct/Dec.

2722-221

5.40

Juiz

as follows:

5.67 Dec.

0.02

Spot

23.03

Jath

Dec.

34.44

Extate crepo thin

2319-23 251

Spot Dec.

2A-2315/ Corn, No. 2, yellow.

1.63

Mar.

-United PrUMU

May

53.00

United Prek NEW YORK SILK FUTURES

Mar.

May

July

July

35.47

Oct.

tor

Dec.

24.71

Mar.

34.80

NEW YORK METAL with strength in other markets

Now York, Nov. 3. Dearler buying and covering

Beck

Bye

Dec.

Mar.

LIVERPOOL

Futura closings,

Oct/Nov.

31.02

Dec/Jan.

Mar/Apr.. May/June

22.33

At a Prís conferenco ten days ngo, the Burmese Prime Mini- Americante, U Nu, said that if the rice

New York, Nov. 3. middling, 15/16 inch, in ponce agreement were

Burma Prices of metal futures closed would probably

Chinese today as follows: per lb. were as followia!

and technicians to help Lead experts

the in

rehabilitation

FUTURES

lifted.silk fulures 4 to 5 cents & Oats pound today.

Sales totalled six contracts, soybeatis, No. 2, ya Closing prices:

Дес

Mar

Spot

Der,

4.501

Nov.-

Mar.

4,400

Nov

14.10b

May

4.4419

Mar.

and

Doc.

14.201

Aug,

4.251

May

31.19

July/Aug.

32.12

Today"

Th

Nov.

Di:75h

Ocf.

4.316

July

said: zime

Dec.

Dec.

Nov.

10.306

"United Press

Spot

Dec.

10.486

2.00b

1.96b

Celtic *kitchens

the on Count Georg the scientific

London, Nov. 3. Khevenhualler, of the expert of the expedition, has Cinema audiences. in Com- founder discovered that this horn came munist China last year totalled from a type of mountain goat altogether 740,000,000, announced In feed, the finely chiselled an

long extinal in Europe. A the New China Communist Nows hend, according

similar type, but smaller, Is Agency. The 1950 total was only people who have seen 11, gives found now only in the Abyssin= | 150,000,000,

Tho agerey said that Chineso audiences were now socing films

"The White-haired Girl," The Steeled Fighters,"" which mirrorred "the new life and the struggle of the people” But Dr Vetter Insists that in China.

· It said. 'Dims like these and ... BAO PAULD to which others that were Stalin Prito

Futures closings, in cruzeiros audiences. · China wis, por kilo were, as follows:-

work of art, carved by sculptor of the Fascist 'era Italy.

Soma in

Another piece of luck this your, Dr. Vetter said, was the

result of the heavy rains which the work on the excavation of caused the earth to sink

in the Magdalensberg,

like

and

certain places whole die he has already devoted Ave wandows wer closed to him a whole row of summers, has barely begun. post-holes.

Aerial photographs taken for oven

even/exporting then abroad to This in turn led him to dis-him by units of the Royal Air mone

Communist

Ayoung, nimi: Indus

Celtic part of the pouzitzien.

cover the foundations of a large or ca

Tored last

wooden hall, the largest Celtic t wooden building yet discovered city on

in the Alps,

the

"show" clearly

Bill-top, which

has that

for Land Nationalisation Thakin Tin, who is leading a trade mission to China,

De

Omcial values for spot coltons The signing of the Protocol Include: Amarican middling 15/16 inch 369 economie and trade relations b-bid t-tradedUnited Prem

whil strengthen and develop Copper Nov between the two countries."

LONDON METAL

17/0th kach 29.59

Others were unchanged.

July

not yet bith excavated at all, fries, had, proddoed en kan bị hy extends over an area of over future flans, adu documentarlag,

39.901:

Burma. has had difficulty in sélling her surplus rice at her peice because of the fall in the -world market-Bouter.

$1,40 +1. 29-30

PRICES

New York Foreign Exchange

London Nov, 3. "Ali metal markets were stondy | Canda

New York, NÓV

Exchange Rates today. Prices closed in sterling gimdomėjai

[In the United @States, ?-the

•prios of 18/18/middling uppificial " exchep (mt: -10 designaled spot 150mlisi, pos 94.05)centa Sterlin

01,001), beles) United

Dr Vester told me that he four square kilometrenerjihad 40gr solentille fired “edges klonid belloyed that the wooden hall The excavations, so for made filma, over 200 isowersele ; and had been a cultural Institution, prove that the Celts of ketka China's first group of animated bothala this proving that oran, in pres - atala-iba - little knowns: ping", usatonism China Lada

market

per, long ton as followsSAN

Spot TRSTM: buyers 729, sellers

Copper, spot

[30-day" futured

DO-stery futur Canadian dollar

stosť:

New.Yo

200 lb. mok

*$14.50%

London Foreign

» Exchange

·Marki