:
THE CHINA MAIL, MONDAY, JANUARY
1955,
Eighty-two-year-old Marte Pleura of Limoges (Central France), and 66-year-old 1,con Maury, after dieie receul marilace at Limoges, The couple met in an Old Polios. Itome a
ago, and decided to MATLY so as to lert less Junely."—Express Photo.
Canal Zone Troop Evacuating
Ahead Of Time
Ismailia, Suez Canal Zone, Jan. 9. Evacuation of Britain's 70,000-strong garrison from the Sucz Canal Zone is proceeding ahead of schedule and the porcentage of troops who will have been withdrawn from the base at the end of the first four-month stage, on February 19, 1955, is expected to exceed the 22 per cent stipulated in the Anglo-Egyptian Agreement.
General Sir Charles Keightley, Commander in-Chief Middle Last Long
and Air Marshal Sir Claude Pelly. Commander- in Chest Middle East Air Forces. have already moved their headquarters from Fayid, in the Canal Zone, to Episcopy, in Cyprus.
Through the zene, prak
are plang
: The railw antings att trong
in long tim
Centurion tunk: for at last up ARIBEAN CABIN U9 11 Mary paterng to pu
F
Hit
Port Sa
back into get daa
In the Canal Zone proper, the 11
now lev wimming or
The blue waters 4 Gierat Bitter Lake or bask unshine along they tons of the Conal,
(18
K.
.t
Cypion Traps have taken
the KURTA duties from
M
ate of 4600 a preh
decept hips are plyng boke
Hour
!
} '
forth. Taking of!per la testy aillance with the West. Britsh as more and more mili-
Carnel No... r
tary in tallations, including six *runsterred tu
Kingdom statim, or stronçalon. Lemers larble on na allang at pudiedes, Ing or Brite oni posisi
1
Mode Rod
be
if the de
My heavi
Pau Youka
1
711
ma rating * 11.
Peltomare WED 11
Top 15 1
Evua on
1
jin detence qat other' Egyptian control.
the Arab Cul
eaty Pael, wat
ruke ke funt a
fem,es withi
Wakan
ed, the Pia text
the last Beh
General Negut's
telle wad exklydee given at for? Mosler Broth past that
-
1. kara People's Tribunal that t..
was connected with a con pis
to overthrow Ay
LIV
when the heri
I'
metal
were
Jus
21.
FANO
1%
24
{i
4. h 1 12
be !
1 part 1
į
which faite wood cluded. the 3rd 1.1 Min
went
1
Major-General Aly Amer.
cl Cmb cy Stat College General Kelght-
under key, recently moved into Canal zone as, Curminder Kam Forced with headquar→ to in mantle.
In Agreement
the
انه
The chi Evypitan officer in hare of myici tation of the he says
"
that everything is pregressing
I' pin here of mutual understanding nra cordiality. A British Ariny met an Egyptian side revea pay at.. dy in a foto) male it! the Tri vy see
by Torce Six Mole Brothe Long Tea erg We bars i
י.
The racking of Nuga. 4. 44* - like has first
Stelt, rat mod hitam
al
lark to Malta: the 1-1 15 have Rad
miskin Fusabers. Jatha Bay Bu
Ett
ון
1. 219 have been due to manu fata), 1 but days
and We
paese i Rgnl quietly. the 1st Battalion South Lanet- shire Regiment: an i cently the
mars res Generi 1st Battalion The Kumileum,
the
Border Regiment;
Regiment
famous
Hertfordshire
Ohtry hip to be home wi of "uveni fremt Cone'. misky Khan Khalil
mate the Prime would
Ch
Ab:1
Nisser,
WIN i big stir Neguity's favour
in
where he s very
the
112
a fil
not
مان
Em- The Bri ich troopshius,
Orwell, Empire
TRADE and COMMERCE SECTION
PROSPECTS
TAX RELIEF Chancellor Not Expected To Ignore Wishes Of His Supporters
From Ronald Boxall
London, Jan. 9. The Budget surplus in prospect for the current year has raised Indeed if the prospects sky high that big tax reliefs are on the way. Chancellor of the Exchequer felt able to give away the whole of the probable surplus he could reduce income tax by is. 3d. in the pound,
Bu forecasting what he will do raises all sorts of complications. For the next Budget will probably be the last before the general election. With so much at stake no Chancellor could ignore the wishes of his a apporters. But neither can he turn a deaf ear to warnings that are even now being voiced by his economie friends.
M
14
W! Li
Budh
1.
ch pal est meled
100 nulli,
1 His
14
'... 'ม1
reales. A pruaj ngly i e introducti a. spted it at udv running
Budget. tomout 120 mill, an behind the, the year prev us yera, ligul
avy met tu the national retorny hentet factors in th
is drifting a
iherefore
..
Unometal esluitos put
soul me ime during) {
יי
British Bauk
Profits
London, Jan. 9. The frakin Bank portra net profit for 1954 of £2,397.597 compared with £2.127.202 The previous yeur, The final dividend is
per cent. Tess .tax. making 18 per cent, lea to cumpared with 10 per
LIDS ON report
net profit of £2,180,072, The dividend on the "A" shares I per cent. less 来自我 making 15 per cent for the year compared with 14 per pent the previous year.
All of the big banks have unw reported higher profita and higher dividends.
World Sugar
Trade
Uncertain
1. tom. Jan, Czarnikow, Linvited, Lamela
קנון
Pusa the slow rate of dvilverts, goccially of atreraft, under the defence pi granare.
the next finanetal your at about! togte deulers, chi sertkart The start any
4400 milen But this is ex
prompters for the worst sugar that the Budget ruttuon di parted to he exactly set by sh (568) in 1935 an "aurerton " stay a stepius of about
equivalent ice in demam, partly milf on-and thi de has been in the form of
If th more txes 2). under noin 24 (proofs that | verhment and grily as higher, nommielity is velurti at present The Chancellor
Vaporomul e insance . If nothing right pourits below the minimum s pove nway at least that anuum happens to eh na- this pésturé prsa tra ngrenin; stabilisa.
1 x Tellefs.
£300
wil be able to
Compari
the CanHe had bufql ..
Revenue
the fust months of the themes you
th.n Pronting at mara marikon. .hetti f the pret,
ww
120
shah
471
Shat
Hudge
neer B. what
12.11
T
The hower or account ol
1: Bra
24
has been with thaT
k to
Increase
111 121
havu
Iver
71
11
The fact
tilit What no 1:2 ALM
#
OTHER FACTORS Thy k
eunt, how.
wuld detranden
|general folitar given.
Miter witch the new opens."
that
thi
HONGKONG
STOCK
EXCHANGE
From Our Correspondent)
Buslugs dune on the Hpng- kouk Stock Exchiago thin marning nimounted to $683,714. Non SELGEVLÍÐU and the morning's transñejonst
SHARES NOYERS SELLERS BALES '
DANICS
NK Bank
INSURANCES
SHIPPING
Waterboul KO
DOCKS. EP
K Whart
Whechock
LAND BRE
IK Hotel Jik Paper
Really
¿
1030
DJA
na 03
IN 15.70
700
1400
5000
4000 2 1.45
71 200 m 1015
100 2014 83 10
3.27 220 30,000 d 1.20 3500 2.114
5000 FT 1.40
.. 22.10 22.40 300 or 2230
STILITIES
Trous Star Ferry 152 165 Yagnatt Pero 170 172 800 m 171
Luht (0) 18.00 10 20 5000 160 Light (N) 18 15,60 300 a 39,00 30% 33% 700 e mi,
Macao Flee Telephone
INDUSTRIALS
Я Валуном
FFORTS, ETC
Bates X. let
elquent of the [ meertainty Sugar ye ré budget. The Chan!
If praised the attitude of Cuba chase answers of t...r thetors. bath | duding the past year, which the-xuct balance between Govern- peal 1. 1.v. which desetised as having been "one of ||
outgoings must come into the Chancellor's the most important factors on the
calculatic.n It next price trend outside the question / COTTONS
the general;
regardent th: Conservativ! Founens estlande
will market, ouțit
inent'a income
and
The highs to enrare fit; the national i baf* Budget e, ia lazt, to be of statistics,
gofnomy eyesde a situation of ne
"The
bet i www.of personal neme, which have swollen the yudi neame | datica n VILAS band and de-
x. at the rise in consumpta natata on the other. which ha from pur has tax.
KOVOJAKY
GUESSWORK
One is the estimated
Inst bojov
Election chance
E
Amning
putur
budzet B
เค
it
Czarnikow
W02-1
415 4134 2000 1ý si2j
in to
24.20 24.03 400 or 241⁄2 151 13 00 025 64 15.00 4530 1815 17 40 17.00 400 38 17.45
Tekuko Pop 4.79 180
the MSCELLANEOUS Yanette
}141
est in free.
as "sonatılı
5000 < 605 4.40 1000 q 2000 à 4AS Ser 450
4000 4.50
Ger the estimated ressurry all hope of saving or Exchange Rates
there
Lout be
!
A1 the same the expenditurej
| obžati je be greater if they are but did ฟา! think under- The coure he takes is largely
able" to brosa falling woll shirt o!
point trevent tax as louteri. 11 is at agree wi relief.. in, stor of the ongi extimu ir, be in lead } #
ever .[ bul Run-wo. k.
The Be Counefl's digute of 711,000 Chancaller yields of bercusing
the whole there the two calendula na vi
pressure, kas available for non-partici- which he bases his judgment, from his own supporters for drponts affer itt
export Will no had been reduced but estimated the new startly have
The review added: "If the available for consumption. 11
budiges incorporating
surplus were to work du at no Paris
cut the incl the ed nul match--and it sub tantal tex reliefs proved to more than this it would perhaps official exchange - market this
**janoming at the following rater:- would be the purest are dent it be mbationary in tendency
a serious nutter but the
US, doline per $1)
Ժամ they did--it balance just be would always be the monetary firul effect on che price trend is Sterlag noter iper £1)
10.00 Independent upon the strength of Lesionesion mulah, (per 100) was as to fall back upon.
1.80 And thi is dem by anipul tug condit
Julian agd he hands in which it is held."
tienis per 100
1.at Starhpat (Stentia)? #nanced taxes 30 as 16 have the pubileul of de
of demand
Dusted Press.
Indo-China pisteci (per 100) 10.00 деттой Se qe less money tv loans.
nd spend.
thicstent 4 to outstrip supply the Charl
uld Telere the Last
F the Chancellor balance by rating the bank rate deckled LOL th.< banced and thus cxerting an upward inflation and pressure on the cost of borrow- position between
be achieved ing defation could withalf any iteration in the tax
CEYLON RUBBER PRICES
Colombo, Iluty, 9, The Ceylon Commoner of Purchasing how paying on
pee 25 es per lb, for sheet ružber of 15 eente more thum ne Axed pries at which Chinu buys rubber from Ceylon,
• The rise in world prices for that feet rubber might mean Ceylon will suffer a consteerable arancial is by selling to China To rear, Cheshire, Halldale, I un lure, Duners and Georgieender is rles for tubber trade puct unless Ceylon can ob in At common sight Sand these days.
a higher price from China for the balance of 30,000 tons, we- By about one division uf
per the 50,000 British Army
יזין ו/
ifeerve.'
Port
t lag reaiste:buza
of
cording to trade circles here,
There arc indentions, uc- cording to rubber circles, that world prices migh rise even further.
Ceylon has already shipped 25,000 tens to Commuilst China Contract shipments to China will
The
achievđe.
wy bts
TXY***
my legs aimed
Indian Castor
Oil Duty Reduced
The
the
London
Markets
Resist Setback
On Wall Street
NOT ONLY REASON
With this weapon up hin sleeve dh ready for stat Bethen the Claneciter could goj some way ura:ds meeting the Hen:nd for a popular budge 13ut
E that next not
only resson. In spite of glociny, pre- notle:tions et
economi pubik would not spind every penny of was returned
to them in the form of tax relicts.
Past ex- New Delhi, Jan. 9.
perence suggests that this would And even if The Indian Government to- not be the cese.
their Inercise castor oil sumption a little it should not from 200 to 125 rupees per ton, be forgotten that tax reliefs have remarkable resilience in the face of two factors a detin te incentive value. Any which might have been expected to jolt investors
did
the export duty on day announced a reduction in people di
effective at once.
that which
con-
increased demand which they
From Our Own” Correspondent
London, Jan. 9. London stock markets last week thisplayed
the sharp setback on Wall Street.
East #roughout the Middle 1st popular and regarded as
The remainder are going back Battalion The Ss Guards; father of the Anglo-Egyp un
to Brin'n to form what BA for eli-rute
one and the 1st Battalion the Be
recent ford: Mire
If-determination in the Sudan sentor Army officer here called
long needed No Prosecution
stralekic Almost all the 15,000 almen The offical Sutanese deloga-
be remmed in the second quar- In the Canal Zone will, accord- ver of this year. on which came to Calru
It also announced a reduction give rise must be therefore cffet out of their present exuberant mood. The first M2 General in to Air Marshal Sir Claude
rise in the world market in the export duty on black against the
higher production was the threat of a national rail strike, the other be prosecuted Pelly, Commander-in-Chief
has price
been attributed mainly pepper from 30 per cent ad that they encourage, Lieutenant-Colone hairmed, however, declared that SHAP h: Midd: East,
to the cale of large synthetic valorem, gr 65 rupees per seems then that though the wns "Completely
the long line rubber convinced
ced go to strengthen
10 plants
private hundredweight, whichever £5
budget may be less next to the growing lower, to 15 per cent ad valorem "popular"
True the rail -strike ons upcretora and that the Egyptian Governm of Royal Air Forco stations
threat are on their way in. But the Tople SCT.3 decision ti rilleve him of his, stretching from the North Afri- demand for rubber products,enly, effective at once.
at the further fall of ́American eqused some hesitancy. hope those who are expecting beginning of the week but in- rales helped to diminish these bill duties was inevitable and was can coast to Jordan, Iraq and Rubber traders also anticipate o
in- by the supreme dictated
- the Piston Gulf to Aden. ¦ firmn market for rubber with the The export duty on ground-attle something" in the way
the stoppage
"the. would be also taken in the end of of the itas lercsis
Hubbaniya, in Iraq, is the near. Country"
growing tension over Formosanuts was inercated from 10 to of tax relics will rat te dip-vestors sill appeared confident fears, while satisfaction was
poinlod. But they would do that the General Neguib la now living, ert Billlch air base to the Tron United Press..
300 supera per ton. Export of
romehow averted. The report of year gold and dollar position. well to bear in
sear in mind the wern- the court of inquiry which As a result gilt-ged securi- comaort by na vits surrounded Curtain countries.
Ercuntnut cl was liberalised.-
ing given in The Economist this of by orchards at el Mar.
The 500,000 tons
of equip.
United Pr53,
wesk that "the tenets of medern came down heavily in favour of ties advanced sharply on Wed- the rallwaymon's case seemned neway by up to 128 Oct ond Cairo, with his wife and three ment now in the Canal Zone,
nuance will not be overthrown; to confirm their belief and in- thereafter, rose steadily for the they test in an züestion year,"
will merely be taking a dustrial stocks went on climb rest of the week.
ing to fresh, pouks even before the strike was called off.
bazales.
The rift between Minister. G mal Eryption architect of the Canal President agreement, Negath, who was My re- lieved of all duties and placed under house surveillance,
RAU
not in any way fristend secord with Britain.
ncar
Intivo und executive powers, children; nged 12, 10 and 8 re- including Centurion tanks, will Singapore Rubber
The Egyptian Counell Ministers which has both legis
agreement in the ratified the name of the Egyptian Nation." pension
charge of the maintenance Cripad Nimer,
w against the £3,000 a year voritd Tresidentin powers, sipped the drew as President of the Re- the base, or moved into "othe
publle, The Government placed areas" nearby with the object Instruments of ratification.
three cars, at, the disposal. exchanged These were December 0.
He was franted a either be left here in the care
spectively. of £1,500 A year of British civillon contractors in
on
he
of
of of making all British forces, in
senior
Market
Sanket TEPE.
rubber unbated 911-04))
87-83 No.” 1. pole erépo
A$6-09 **United - Press,
The Bank Of France Statement
than
Singapore
Stock Market
NO DESITATION
OILS SPECTACULAR ́ ́
The world's most spectacular Paris, Jan. 9,
galna - were ningng oil shares The Bank of France statement
Nor did the market hesitate demand for which was stimula for the week ended December
In its course when news was, ted, by confidence in the outlook 30, reads as follows:
received of the heavy losses 011
for the industry in 1985, Amòng Prane Total, gold, haliking ....... 201,231,501, ÁZS
Wall Street though prices were the leaders Brith Petroleum amily marked up. Pricts meuatrore 3s 9 to 88s and Shell put Total other currencies 13,610,633 210 9ight balance abroad.
Singapore, Jan, 10.
cd by day and by Thurs on 8s 144 to 1288, both in EPU****** 31,107,105,080 Advance 10 CUT.
Brokers - todný quoted, the day's close the Financial Times new peaks, West Indian oil Sibiza. Fund ******** 138,800,000,000 following stock prices;
industrin share index was at a istuen also attracted attention Jan. 8 Jan, 10 now peak of 187.3 having ad- on higher production tion --- 2,538,404,839/460
Closing Open vanced 3.8 points since the pro-
Engures, These
however gains,
WETO. Cument secsunia and
dopower 157,910,371 471
not fully held for when Total als 'discounted 1,170,206,227,009
-United Pre
Tho makket has been help news of the Wall Street setback ed by the announcements of
reached the market, a short-term
to take operators hither dividends by two of the
reacted quite "big fivo"
the end of the This
Singapore, Jan, 9. The market opened lower 'on' his family and his children go the Middle East telf-sufelent Saturday and eased on Fedora to school every day escorted by and able to cater largely Lotion selling and some speculativo Own Victim' in soldier.
their own needs,
liquidation later in the morning, Meanwhile, the political cli- Cyprus, under the new de-Future closings: General Negulb who fell male in Egypt has proved so fence plan, will form what one No. 1 rubber per it. Jan. 2016-01
Feb. 1-1, victim to his own popularity, much that British troops, pend- Army officer called "the sharp
Mar, unquoted did not oppose the agrecimenting their withdrawal, are once edge of a fighting formation." No. 2 rubber par St. Jan. 931-04 As leader, he wanted to bave again able to go into Egyptian A new, fully
air No. 3 rubber per 1b. Jan. 013-91 operational his say all along in the dif- towns which have been out of force station is also to be built No rubbar Bern, Jan. Bank note in circula- cult, protracted negotiatio93, | bounds since the abrogation of on Cyprukade meer #UM-
A Above all, and like all Egyptian the 1038 Treaty in October
whether in power or 1951. Such moves are as wel-ming up the new position said: politicians in opposition during the last ten come to the troops as to the "From now on, the Canal zone years, he wanted to have, the local businessmen who have for will cease to be the centre- full credit and cupreme honour long been denied the valuable place of Middle East defence..
of the soldier of sighing the document which custom
who M tha mese troops will will have secured for Egypt he wants anything from a beer to leaving. We shall be handing evacuation of British troops "acmething to take to the folks over to the Egyptiens many in
stallations which, during the aftor 74 years. of occupation Albuck home." one time, he threatened not to In Cairo, chcerful Temmies years they have bullt up, havo promulgate the agreement, after) in civilian clothes · are...; Badn
become familiar names. In a raideation. S
rubbing shouldom with wealthy most any home in Britain. General Neruib did not do American tourbits in the har "We hope that by doing this Ject to British troops coming row, winding, cobbled land of two things will be achieved back, He thought that by bhr the Musky bazaars or sightsee more friendly relations with gaining
be
U.S. EXPORT OF
RAW COTTON
New York, Jan, B
British Dorigo- Patro-
Town Hyndicate 24s id: 34% bylous wookend.
· Consolidated.
The Bank Of England roser and Nenvs Ltd.
Statement
London, Jan,
Smelters, Ordinary -281 Edox
Faro
and Neave Lid; Ordinary, 1o.
$1.00.
10.00
$1.00 10.00
1040
Barclays
82.2232.78
6747 cun.: phef": Jongkong & Shanghai Bank 'Corpuration Colonial Rezister) $1050 Malayan Brewerk
Raw cotton exports by dis The Bank of England state-Ramir Hote nation tsreported in bales by ment for the week enddesdong, the New York Collon Exchange reads follow for the 1984 65 acason to Jani 4 apass werb; us fallowa
CAD
·Continent
Proval for
he could obfuin fronting in the Citadel and mosques Eypt card a defence plan more QTAY Britain all her extensive milite etiskialu, or having epic. In line with the requirements. Canadi
Braas bald's Litasjet mirarats td lunch at the foot of the of an atom bomb" age."China TANE equip istverki (aquadrons, and Pyramids at Glan,
banks — namely pronts and and National Pro raply
the
their
¡was taken me and week om were-
Indication of will better things back to, 80s and Shell were: 20.
10 come for as one observer 104d below their best. put it the big banice see at The commodity share marke to make fresh Increases in thole: Have ogilla, boen good. - Coppers distributions industrial.com withstood the African workers. 12490 24.90" pimples, need not hesitate to strike and moved up with the
0313,00 fallow, sult.
price of the metal, mas podje
1919
TEH Was a food week, 100 for Rubbers Ancions improved
taz: ~Thems [and, these were nje number (ofi Have recently been) subtund, by good festürwa, kisong the ATTICAN) fours that dearer money, rates, soldatare
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