1954-11-18 — Page 9

THE CHINA MAIL, THURSDAY, NOVEMBER 18, 1954.

SHADOW OVER SUDAN

Its Name Is Egypt

NECIL ROODES oree dream

of Belsh rallway

LIB

T

from the Cape Le Cairo, derar died on D, with the rise of Egypting Wild-italism, and now The Sudan is follow- Ing her neighbour hown Independence bid

Willy

Mediterranean

Sea

ALEXANDRIA

ANGLO-FOYETI. ACEVEVENT SIGNED

SPERIPSI CAIRO

EGYPT/

her

WADI HALFA

Britain's perled of cantrol LE The Sudan 1- Funding out while Prime

ford, 1.1.

Minister Aznari is in London steling long-term ces lax, h. Coverigment is sacking Briti olal and Arcisatehin

11 In

The fr Sadattere

badian unieaineil

Jen bustle, lase konar sto

the st

sudanese Parlament

pent, 2011

Anglo Egyptian

which allotted there yesas fot

12 Sustan

Stoop Sakanesi Ave Hok ken en damer with Tavan The Cipood way with Ten

l'arty

Lo

MA violensis

EL,POLIO

MALJKAL

ADDIS ABAGA ETHIOPIA

INGLAND & WALES CH SAME SCALE

11

HATRED

mua sudan vajrahle

at standing on the own ba

She has

(0) B

alministration,

two interna) lis. onders--either of which rostli

Ju Li Khaimia Mastetos

BELGIAN

het

Leafed M

Shr

by

oflifes

་ ་

Barr al elvil

war

0

100 200 300 400

north. thr

bate the Auser StoslemIN. the south, the backward tribes bate the dominated Arabs,

Jan

1ut the blegest threat of alt

the Independence 8.300,000 Murlantesa is still shadow

G

the the

of the Egyptian Hag

A

JUBA

that flies over them. 19,000,000 have so long drea

dat controlling Live Biestreami of the Nlie test tires suddenly cease 10 because of a realy.

*

Just

GEMALDA

Victoria

TRADE and COMMERCE SECTION

AID

FOR

TURKEY

WHEAT AND FEED GRAINS SUPPLIED

FOR NEXT YEAR

Washington, Nov. 17.

The Department of Agriculture, announced details today of an agreement under which the United States will supply Turkey with up to 500,000 metric tons of wheat and feed grains during the remainder of this calendar and next year.

The Department said the wheat and feed grains covered in the agreement would be worth 1 $36,500,000.

In why the London: Vout at Mr Azhari is inipor={! cans. Is itdministratian badly. Heeds Unancial support if the Sudan in to grow into a froO and independent State.

WINDSWEPT ISLAND

OF THE ZUIDER ZEE

WILL

BE

A CAPITAL

Lelystad, Zuider Zee, Nov. 17. Thirty families are living today on this tiny, windswept island in the large inland lake of the Zuider Zee, pioneers of what will become the capital city of Holland's twelfth province. They have a doctor, one-room post office, a barber's shop, 'sideline" by the postmaster, and a dykeworkers' opene as a canteen

the shermon make

a welcome change of diet, Liko

zh urewives,

The agreement consista of two parts, the first covering immediate shipments and the second relating to what will be supplied early in 1955 "if present

conditions continue,'

that said

Denny

curried

The Department

out through 320,000 inntric tons are covered { private US, trade channels. The under the "immediate transe- Agriculture Department will use thon," These include

when ander the Surplus Acti

1 Barter of about 100,000 metade tons of wheal for Turkin ha rhrane ore. with the bauter

NEW YORK

STOCK

MARKET

New York, Nit 12

The New York stres mud of openeri

Duw-Jon's Feloeng

follows

higher. averages

30-Fustrial

20 10:14

18 utilitien

(3 At ska

nda

were

Cruz. future price Index L'umni myput prite Index

S

12941

153 44 11

to fill this order.

Sale

by the Frogn Operations Administracion (FOA)

Turkey of 30.000 que tous of wheat for dra, ath the Turkish currency rrived being used in support of Turkish armed forces."

Thin

-

Fansnation would be under the Surplus Provisions of a 1933 Congressional Aut for

which Txis are still available

انه

ot

Ceylon Will Lose

Page

U.S. To Negotiate

Tariff Rates

On Rice Deal On Rubber

Colomboo, Nov. 16, Government experts es- timated today that Ceylon will lose about 10,000,000 rupees If murplus Cliness, and Burmest rico, pur- chased at £50 and £49, respectively, is sold at the Present

of market price £43.

The surplan ECT being placed in the world market for Kale, A Government spokerman revealed Coy. len is finding it difflcult to dispose of this large sur- plus and even Japan. which was once interested now decided to pur- chare any South Chkua Fler, --- United Press,

has

HONGKONG

STOCK EXCHANGE

[From Our Correspondent

Barsinawa doze on the Hong- eng Svek Exchange is me ing amounted

$75.961.20. News totiens and the morn ing's transactions:

Do

SHARES BUYERS SELLERS SALES

3 Sale of 70,000 ters wheat and 125,000 tons al feed | BANKS grains to Turkey for ira by the MK tank En Asia Depayment

Agriculture neting under the current Surplus

INSURANCES Act (Public Law 380). Half of

Union XD the resulting tira would be d

1ents and Underwriters meeting United States bligations and the remainder furthering Turkish develop ment."

SECOND PART

17230 The second part of the agreé. 1060 ment, covering possible supplies at up to 175,000 tons wheat and feed grubus, authorizes 130 effectiveness of the following ngreements early In 1955 it present conditions continue:

The New York ik markel comment was not reveived a morning-United Press.

|LONDON STOCK meile tons of wheat, with

PRICES

London, Nov

17.

The London Stock Exchange prices cooed today as follows: War-loan 34ấy

c-11/10 Japan 05 (1024) Chindian Eagle Oil Agroaltod

1. Sale of

up to 100,000 70 per cent provided by FOA under

1953 Act, 30 supplied by the Department of Agriculture under the current surplus measure,

por

2. Sale of up to 75,000 metric tons of feed grains to Turkey for Mira by the Agriculture De- partment under the current Sur- plus Act..

SHIPPING

Watertrai

LESO 200

$ 1833

DIS 1990 41%

10 4734

4

פד

30

pocks, ETC.

X Wharf.. Dock

Provident

20.20

300 * 20

(old)

14.70 wheelock XD 1,70 7.10 1000 7.13 $30 or 7.10

LAND, EN. HK Hotel

131 13.70 4400 13,6

2500 13.70

500 or 13.40

1030 6 13.00

RX Lind

01 04030 031 Humphreys 22.30 2 1001 4 22.30 1736 2216 Realty.2.13% 3.1719 1600 @ 2.123%

03

Shoes

Washington, Nov. 17.

United States officials gave notice today of their intention to negotiate tariff rates with the Netherlands and Great Britain in regard to imports of rubber soled shoes into this country.

The announcement was incidental to publication of

a long list of commodities on which the United States announced that it would consider concessions to Japan.

The basic purpoes is a "rude not aid" policy toward Japan,

So

The United States wants to help Japan increase its exports and eo to earn a larger part of Its required dollar exchange that the United States can duce diriet subsidy aud to the Japanese which it has given st the rate of hundreds of millona of dollars a year since the war. GATT CONNECTION

The United States tarif nego¬ tiations

Japon with

wi probably be in connection with The February 1955 merding in Geneva for revision and exten- slon of the General Agreements on Tariffs and Pride (GATT),

The United

State

giving tariff

World Cotton Markets

New York, Nov. 17. Cotton prices see-sawed nar- rowly on either side of the pre- vious close in less active dealings today.

Flurries of hedge selling, cnused nrgely by the southwest and California, kept a routine domestic mill and exporter de- inand well suppiled,

December liquidation, anti- elpating first notice day on Nov. 23, and re-selling by dny traders, chunext prices to sorten at the vice. Final prices off 2 to 8 points not, New Orleania closed off to 7 points,

New

to hope make Japan a member of GATT. In making its anyouhovment regarding Japan, officials in the State Department said that four other drift sations were IT- pending; namely negotiations With Canada regarding the un- pool duty on fish; with Britain and the Netherlands on certain types of rubber-soled with Ludy, Greece and Turkey on deted ga; with Uruguay incat, and Cuba ou certain pre- ferential rates tence.

shoes;

on

already in exis-

No details of these proposed negotiations were given, but i was exphined that in the case of Britain and the Netherlands at least, the proposui arose out of legislation enacted by Congress,

United Pros.

World Rubber

Markets

logged

interest speculative As traderS transferred attention to the stock market or awaited some new develop- menta in the textile trade, the apot markets, and the

report on loan entries to bo Issued after the close today.

Trading volumes and open interest in the Exchange today

wexe;

Volume Open, distorti

28,400

00,300 908,300

Moath

Dec.

Mar.

MAY

27200 D$2,200

Judy

23,300 422,000

Oct

7,000

103,500

Dec.

4,900

22.300

Mar

1,300 17,000

Total

NEW

152,100 2,702,500 balea.

YORK

Prices of futures closed today

as follows:

Mar

Singapore, Nov. 17. There was sume heavy spot liquidation which gradually Dec. absorbed by

whereafter Y trade the market moved up on some July covering, and then irregular Det. conditions prevailed.

UTILITIES

Tran 2. 10.10 10.30 1610 s₫ 19.20 Star Ferry 137 13 Y'mau Ferry 150 256

151

100

107

10)

107

Light (N) 13 20 13:40 Elesine

( List (OL :0.40 19.60 2000 ti 10

601 10.10 2050 1015

100 25 600 & 35%

There

ריירה

Elec. 11 20 Telephone .. 20.30 20.00

INDUSTRIALS

Cement

The market

closed steady. were some malt te ceptances by Australia, and

Dec.

Mar

NEW ORLEANS

Prices of Aurès closed

jas follows:

Spot

Dec.

400

414

Mangoere

Bila

43/.

Dominion Recfa

9/1

Harmony Gold Mining

499/0

Prevdent

Gota Minfr Anglo-American Corp.

40/0

sho goes to the old lani

New

Debbers

Union Gold Flekt

Confulated

BAN

The Department said all ra received as a result of these recand phase sales and for the support of her armed forces,

ilore

1720

STORES, ETC.

Datry

up

Min Rhodesian

cnn

110/7

27 27.10 600 31.20 200 E27,30 1100 4

some factory buying.

Futuro closings;

No. 1

Liber

ENT

December

Angly Amest-

Wat om

10,20 10.40 1000

January

804-80 80%-80%

70/0

12 3

INS

February

unquoted Oct.

1.

Dec

t'ress.

1914-50

No. 3 rubber per

December

78-78

per Jb.

7746-7825

Im fue to time to stock with provisions.

1

!

...

and wafeterlouts on the

::

I Derwijk £1

!! !! !

ssert la ate

arding away

BOOK

fitter

to of back but hangs

11

hur det

**

adre '5

th wing

ha

sunlities

for

of which

The

the

Duve

The

$13

E' !

..:

է .

bo wates

Micarte མ་!

-1

against the

I

Vers

20.de •Ablunt iijk" | Coe enele ing alakert pede che e

! נייד

Zer Zee! Nrth Sam with, a con-

shilerable

1 1.

area of D4 900 1 446

tursch st. A

reich of 12521, below ren level dykcs).

When polders

warned.

at on

vi to gether.

Smile,

any June 2

geovel strest

the various phways

po less. Tart has been taud, and coses plantei in well- kupt Anwer bels. Plants adorn the windowsill many windows.

"His wonderful to Bari ople you do not know," the Insighed. "Here every- one knows everything about everyone else.

Lelystad namer after Cornelis Lely.

the Engineer-etatesman born 100 the who induced emuntry to adopt his Zuider

BL

ugo

Rhodesian Broken 1

-United

NEW YORK WOOL TOP MARKET

New York, Nov. 17. Wool top futures closed today 21 do 20 points lower. were:

Tho

STRONG US. ALLY

the

Department said: "Turkey, watch since the end of the war has become

free world's fourth largest exporter of cereal grains, also is one of

the strongest allies of the United

Slates in the free world. Recent drought in principal grain areas

Crawford 27.30 274 103 or 27.

No. 2 rubber per

December

100421.50

No. 4 tubber

December COTTONS

Textles..

Spot rubber unbaled Nayang 20.10 10.20 1960 a 10.20 Blanket Crepe

No. 1 pala crepe

Allied

40

44 4000 < 4,2214

l brought about inadequate MISCELLANEOUS

feed supplies of wheat and grains for domestic consumption Under the

agreement, Turkey domestically all grain

received from the United States New York

and will cease exportation of such grain until

July 1, 1955. two small commit- Excipi for menis."-Unded Pr

Prices

of

Zee reclamation plan-ls not without its relaxations, how-

ver. There is a play-roading - Jan.

thres times Boulety, and

will use

Dec.

170,70

171.50

1701 nam.

Mar

145 Oh

16983

Blin show,

month the islanders get togethe fer

May

187 ob

1679

a visiting

July

105.0b

166.39

Orl

163.06

104.00

cabaret or the preformance of

Dec

162.40

Mar

10.0

161,22

Son!

173.0

.

Volurne

170,000 lbs

a-reked, b-bid.

-United Freza,

A play in the ykeworkers' ennten.

fertile

Mer of the 30 families wit An represent Lelystad's soxtel in- (239.-habitants.

in woo ten

fort- A priest comes once a Fren recovered houpes Bu. there are

9501 night from the mainland and barruck-lilee brack quarters for holds divite service. Baptisms The arth-west dyke-workers, who are bely- | have already takken place at

poster"

a stnd

as their base during the Lelystad, but so Er no wed- wundly at or working week and rotun Lungs or funerala. ̧ surrounded by their homes

the weekend.

is

en the mainland

ein-

Many of the men are played on bullding lock and sluices close

Whe itland, These work for below seu

10

two level and protected only by Within a drained, surrounding dyktes.

•

Lelystad's isolation will not. MELVET.

last much longer. few weeks, weather permitting. the dykeworkers hope to close the long dyke year reaching out from Harderwijk Then

towards the Island. arrived with

th have ench of them bieger him "my-"

Unill January thing attempted so far, Lely- stad will be nimest surrounded Lelystad had no doctor. by land,

Dr II. J. Beklus

this

his wife, Hermins.. Like thou . Months more of toll will be Four years ago, this ison sands of young families on the needed before, the dyko can be did not exist. The engineers "old Inni", as they call the strengthened sufficiently to bear mole l luy dreiging ind mainland, they have not 30! dumping until the mound rose got ʼn house of their own and above the water.

are living in a part of the sick-bay.

14:0

Mc Albertus Beckhuls, supervising engineer, came bra In November 1952. Ils wife, Jacobo, said: "There was just nothing on the island when we como,"

So they brought the double

"When I came here with the

-deck houseboat, "The Ark" baby 1. flow in by, helicopter,"

Mrs Beekhuis, a cheerful, fair- Mrs Bekius cald."

WAS

when

haired young woman

during the cold spell with two small children. has lived in most of the Zuider Zeo. was "The Ark all her

frozen up and no ships could marriot velling with hor hus- gat through."

road, which will probably nol be completed untli. next sum- mer. Then the future provincial capital will start growing fast.

No plans have yet been prepared for the city's final. . development. Engineers say that there is plenty of time yot. It will "inke deendes, they say, for the two re- maining polders, totalling. 150,000 hectares, (301,918 agros), to be reclaimed,

But they dream, nevertheless, of the day whom the Zulder Zeo is reduced to a freshwater reservoir and Lelystad becomes,

band from one engineering job Fresh fruit and vegetables to mother, "I den de lonley," was flown in by helicopters to a proud elly surrounded

keep the Isolated lenders At grem Belds and farmhous

she says, I love the Ufe."

flar houseboat, complete even one of them has ever caught

to a cellar, is beautifully furnoold or influgze

isfood and kept. It has running Bannerg

101.5b

LONDON WOOL

TOP MARKET

Chicago Grain

Prices

Market

Sugar

New York, Nov. 17.

World No. 4 sugar futures closed today 1 to 3 points lower with sales of 21 contrzels.

Domestic No. 6 sugar futures closed 3 to 4 points lower with sales of 233 contracts.

July

LIVERPOOL

707-801 Futures closing, American 1314-74 middling, 15/16 inch, in pence 08-2014

per 1b, were as follows:

NEW YORK

Futures today closed 2 points lower to 1 point higher with sults of 130 contracts,

Dec/Jan.

Mar/Apr. May/June

July/Aug.

Oct/Nov

31.70

31.30

Officmi values for spot cottons

American middling

18/18th inch cas 16th Mich

Alexicon idding

In the spot market,

dealers clude: reported "a fuir volume of busi- ness" worked to factory buyers. Sales were mostly for forward positions including December 27%; January сло

sheets at oncs at 274 and February ones at 27% erals, all landed basis.

Future closing were; ·

Dec.

Mar.

Chicago, Nov. 17. Closing Prices

Scattered liquidation world contract” met a reserved

in the

May

July

Sept.

buying interest from the trade,

Dec.

Domestic

Prices per bushel in cents: Wheat, No. 2, red

22044 Lec. 220101.220 (2) 229-14

2301

London, Nov. 17. Wool top futures

market Spot closed very arm through most Mar of the day. Turnover was high | May July RL 100 lots.

Bent.

Lan, No. 2, yellow Spot

Closing prices were:

January

March

Atus July Bestember October December Juniory March May

120-121

118-1194

Dec. ALAT.

∙11714-117 May

*117-11715

110-11215 210-1174

Sept. -Rye

115-1101 Dec.

114-118 Mar.

'મ

LONDON

The market

Spot(cant per ib. Fon Cuba) 3.25 General markets,

27.00

32.44

1-132 inch 33.68 All others were unchanged.

SAO PAULO

Futures closing, in per kilo were as follows:

Increased in the quota

an-

nounced on Monday.

Future closings:

13116

Contract No.. 4 (world)

No. 1 spot'... 2411-26: Settlement house terny

Jun.

3.19

Des

34621%

100-3804%

Mr.

E.12.

Jan Mar.

10114-

May

3.16

Apr/June

2374-2376 2316-731

i.

1027%

July

3.30

July/Bepi,

Sept.

Oct/Bec.

porta:

127-12894 1801-4

Contract No. 4

Nov.

MAT.

0.30

Dee,

114-116

Ols

May

0.41.

Jan.

July

-565

11414-110

23.7/10-33.11/14 23.7/15-2384 Esteld,crepe thin 2534)

Dee.

B4

United Pres

Sept.

6.59

Mar

Nov,

5.00

Soybeans, Np. 2, yellow

Spei-(centa

Spot

ex-duty)

Nuv.

2014

per lb. elf NY

United Premt...

8.50

NEW YORK COFFEE

Mar.

FUTURES

May

July

Sept.

Barley,

spot

Now York, Nov. 17,

futures today Santos coffee closed 45 to 35 points lower with sales of 182 contracts,

Profit-taking and hedge well- ing, in face of a slightly lower msgjatjiehaped market' Po

And they quote the metto Lanzraved!! on the Zülder) 200 Mit Fanciering, dykel: A nailon: that: May

water" and "electricity from The · Mrs Bokhus said, that s'shỏ liver, bundan, for ite Island's supply, thick, earpols" qulis:"enjoys tho le, Eals Carina Mall Special

New York flour,

1200 16. suck.

Dec.

Diar

May

July

Oct.

30.00

30,70

30.80

futures weakened

with the raw market, which In

(In the United States, the

price of, 18/16 miding cotton. of

"designated spot, manekeła „wns 35.30

was uncertain cents. Boles at theme centres totalled

turn relected the 50,000 10DS with spot Iss quoted at 247% $2,430 bars.United Pres

New York Foreign.

Exchange

pence per lb. Prices:

AMSTERDAM...

The biarket was quiet. Prices closed today. In puilders per kilogram, CIF: Dec, as follows:

No. 1 rubber No, TUUDET No.

No. 1 Trope

4: 131 buyers

.3.30 buyerM 3.29 buyers #.50.com. “United From

London Foreign

Exchange

NEW YORK SILK FUTURES

New York,' Nov, 177.

Silk fiturès today closed 3, conte lower to 5 cents Migher with miles of seven contract..

Closing prices were:

Doc. 1... Mer.

May

NEW YORK COCOA PRICES

-Unifai Pres

Now York Nov

Canada

Exchange Rates