1955-01-14 — Page 9

THE CHINA' MAIL, FRIDAY, JANUARY 14, 1955,

“BIG JACK’—AN OUTSIZE IN BULLS

Min Phyllis Toombe stands alongside "Big Jack,” an oversize toll. Bir Jack weighs 22cwi--which is about double normal weight-and is one of the prize exhibits at the Belfast Callie Market in Northern Ireland.—Express Photo.

Three Archaeologists Defied Terrorists

In

Two men

Malayan Jungle

and an at- | Neolithic mon may have existed | cleanly polished

tractive fair

and smartly

TRADE and COMMERCE SECTION

JAPANESE RAYON EXPORTS Postwar High In Value And Volume Expected

Tokyo, Jan. 13.

Japan's exports of rayon and spun rayon goods last year were expected to reach a postwar high, both in value and in volume, 'according to the Synthetic Textile Association.

Exporta of spun rayon fabrics during the first half of the year totalled 117,729,000 square yards, an increase of 95 per cent over the corresponding period of 1953. Exports of rayon fabrics also increased by 8.4 per cent to 121,556,000 square yards, while those of rayon filament declined by three per cent to 9,012,000 lbs.

Exports of staple fibre and spun rayon

362,000 lbs and 10,546,000 lbs respectively, representing increases of 74 per cent and 20.3 per

cont.

The total value of these ex- ports in the Best halt of last year Wis 00,043,743 dollars, compared with 48,000,469 in the Art helf of 1093 G0.063.401 in the second half. Exports to the sterling area increased to 30.915,047 dollars in

anc

World Cotton

Markets

New York, Jan, 18. Cotton trading today was cut the same quiet patter of recent sessions

in Mainya until 400 or 800 years | fashioned. Their tools, together | to haired anex Christ.

with the fact that they carried woma 11, Malaya's

Finally, from four to Ave feet shells in their hands prosumably

leading archaeologists, into the sand of the shelf they used as eating utensils in the life Indicated ปี поп- have made the most im-came to the remains they were after

secking-those of the Hoobin- portant

Whereas the Neolithic aggressivo race of agriculturists. archaeological hans.

finds in recent Malayan Strnight

corpses had been inld

history.

Their recent trek took them Into terrorial infested mountains

were

rest

On

out the Hoabinhians

curled mostly

up. their chests and at their feet were cartien pots which pre- sumably had contained the food in northern Malays for six that the departed were supposed

to need in the next 10. weeks, surrounded by heavily nemed Malay police they dug in

Around the ancient bones lay the dry compact sand of a pro-

stone uxes.

than 7,000 mcre tected rock shelf In the central

years old. They were rough, mountains of Kelantan State.

11-fashioned implements mostly produced conclusive designed for the kill and show-

They proof of the existence of stone-ing that the Hoabinhians were age men of the Hoabinhian type of low skill in mutufacturing in Malaya around 5,000 B.C. and were hunters rather

The finds added further to the agriculturists.

knowledge of the more advanced

The Neolithic skeletons

Neolithic men who inhabited Malaya at the time when Bri- with

tain was occupled by the Romans,

The scientists were Dr G. de

G. Sieveking, 29, archaeologist the staff of the Federation

оп

Michael

of Malaya Museums, hla 22- year-old wife and Mr Tweedle, 47, Director of the Raffles Museum in Singapor

Dr Sleveking led the expedi- tion, inspired by reports of the und archaeo- prewar explorer

Mr logist, Mr 13

D. Noone.

Noone who became a legendary figure among the aborigines of the Malayan interior, had

ported an archaeokericul find at southwest Gun Chah, 99 miles

Кош of

Bahru, capital ol Kelantan State.

He was never able to follow up his 1930 and and the

tow years he devoled

next almost the

entirely to working with aborigines, Malaya's "timid folk."

When the Japanese Invaded Malaya, he slayed behind, doing

work.

dis- Intelligence

Ho appeared in the jungle around 1943 while operating with

Allied guerilla forces.

the

theru forr

than

had stone tools,

Prices eco-sawed narrowly on either side of the previous close, with most of the action talking ace at the opening and close. place at

In between time, hedge sell- img against purchase of spot; The Hoahlnhians коте

cotton in the For West accom- panied stabbered realising. named becauso Arst remains of

Do- this type of man were found at mestic milis, exporters and com- Hoabinh in Inda China. From

mission houses brought on the reaction the ide evidence available, the archaeologists consider them have been not only carnivorous but ennnibala. Human bones have been found mixed with the bones of animals, including pigs, which the Hoabinhians obviously devoured.

The Hoabinhlans are believed to have been of similar stock to the prevent Melanesians, in- nabitants of New Guinea, the

Solomons and other islands of the Western Pacific-China Mail Special.

'Master Minds'

Assail

Defence Office

Ten letters a day are reaching the "backroom boys" of the West German Defence Office sell them ideas for for inventors wanting to "master weapons" ranging from flying saucers to a device for delaying hydrogen bomb explosions.

пож

3

Det

Iossca

1934

yarn

totalled

January/June

from declined bolow

production 23,180,070 in January/June 1953 custs. Towards the end of July and 32,589,225 dollars in July/prices started to recover, December 1903. Exports to the dollar preu also increased to 15,220,832 dollars from 7,082,448 and 9,188,408, while those to the open-account area declined 14.401,050 compared with 17.221,920 and 18,805.858.

فردا

spun

Prices of rayon and rayon goods declined sharply during the second quarter last year under the influence of the tight-money policy

the vi Japanese Government, In most causes they feli below prites quoted by other countries in the

world markets

and some even

World Rubber

Markets

Singapore, Jan. 13. The rubber market was rather quiet

today, K atcudied throughout the day on trade support with sellers more reserved.

Future closings! No. 1 rubber per b. Ja, 952-1 Feb 0014-07

SECOND HALF Exports of rayon flument In the second half of the year were expected to Increase compared with The Orst half, due to anticipated increvers In ship. ments te: Communist China, Hotglong

The India. target of 19 millon is for the whole of the year did not seem to be difficult to achieve, the Association stated.

๕

Staple fibre exports are also expected to increase in the latter half of the year. Exports of spun rayon were not likely to fall below the level attained

u

มา

in the first lull-year. Despite decline in shipments to Induntsin, exports to Hong- kong were increasing and much WHB expected

of exports to Persin

The Association stated that spun rayon fabrics would exceed the target of 210 million square of 1954, gradually yards for the whale

while exports of rayon fabrics would probably attain their target of 280 million square- yards, in spite of a decline in of 6 to 12 * on a reaction the 1st

shipments to Indonesia-China points. Opening prices were off Orleans points. New

Mail Special, Mar. unquoted No. 2 rubber per lb. Jan. 06-0614 closed off 8 to 15 points. Chart

No. 3 developed in the No. reader buy mound the 34.52- Spot rubber unbaled March

delivery

Blanket crepe cent mark, resistance point for

No. I pale crepe

2015-10025 that month over the past two

NEW YORK wocks. Liverpool brokers were

Futures today closed 5 to 20 wecredited

of March buyers

points lower with sales OF ED against sales of July futures.

contracts. Trading volumes and open in- terests in the Exchange today WETC!

Volume Open Interest

1,164,000

81,200

20

L+

031-0371 02-034

Dealer hedging and profit- taking with the lower London cables disrupted early rallying tendencies.

small as

Spot business 19 factory buyers marked time.

Reported sales

TODAY'S SHARE PRICES

(From Our Correspondent)

Business done

on the Hong-

Japan-Formosa Danger To Log Market

Manila, Jan. 13. Japan and Formosa may drive the Philip- pines out of the American log and plywood market, a visiting American business man said today.

Mr Harold Brod, export and import manager of the the U. B. Plywood Co., sald Philippine Runber ex- porters were facing a real threat Inasmuch as Japan and Formosa creasing

their log pur. chases and expanding their plywood Industry with great suco

were

added that these major log importers had hiked

their productive capacity to a point where they could more than fill the American demand,

Mr

air Brod, who arrived on Wednesday from Tokyo for a five-day visit, urged local komber producers to watch theyo developments be-

cause of the keen foreign competition to Philippine himber producers.—United Press

New York Sugar Market

New York, Jan. 13. World No. 4 sugar futures closed today 2 to 3 points lower with sales of 79 contracts,

Domestic. No. 6 sugur futuros closed unchanged to 2 points higher

with sales of 41 con- tracts.

Engines in world contracts reflected the slow demand for raw supplies.

Domestic Futures, held atendy dult Tanskel Future closings:

in

Contract No. 4 (world)

March

May

July

September

Spot (vents per lb. fąb Cuba)

Marul

Мду

July

Belamber

November

Contract No. 4

Spot (cents per

ex-duty)

6.4A

Ib. cif NY -United Press.

NO N.Y. STOCKS

Owing to poor radio reception, mapy of our usual commercial iterns were not available, In- cluding the New York stock market comment, Dow Jones averages and the Chiengo grain market comment.

UTILITIES LOSE GROUND ON

STOCK EXCHANGE

By A Special `Correspondent

were

With the advent of the Chinese New Year, trading fell away on the Hongkong Stock Exchange this week and most utilities marked down. The highlight of the week was the Bank -dividend and bonus issue which is, I believe, the first ever made by the Corporation in its, long history in the Far East.

Yaumall Ferries made a sharp 1. 1883. The capital was in- leap yesterday and at the close creased from. $5,000,000 to $7,- of the afternoon call the last 800,000 by the creation of 20,000 sale price was $170 and buyers new shares of $125 each issued were offering a dollar higher at the price of 240 and offered without attracting any sellers. to the shareholders in the pro- portion of one new share for that every two shares,

The market talk now is Included Feb. kong Stock Exchange this mom the bonus Issue will bo

one sheets at 32 cents and ing amounted to $652,490. Noonnounced next week. March ones

錢免 314 cents a quotations and the moming's

-

2. 1880. Capital increased to

nog.com, by the issue of 20,

pound, delivered basis. Spot transactions:

32 SHARES BUYERS SELLERS BALES the result of some slight profit offered to shareholders in the

BANKS

Month

May

Mar.

--

July

13.200

0,2013

Ooh.

$400

173,000

Dec

3000

104,500

Mar

100

60,100

May

50,700

Totsi

2.981,700 bales

NEW YORK

No 1

Rss were quoted at cents a pound, nominal.

Future closings:

34.001

Mar.

10.00-12.00

M Dank... 2120 2140 23 2140 106 2130

212

34.48

May

30.75-80

34.78-79

July

3100

34,09

Sept.

J150

54.00

Dec.

930 040

40

Go

31.20

34.80

Mar.

31.00

34.99

30.15

Prices of futures closed today

as follows:

Spot

March

May

July

October

Docember

March May

LONDON

The market was quiet with No. 1 Rss spot quoted at 201⁄2 NEW ORLEANS

Prices: Prices of futures closed today pence per .

No. 1 ng follows:

Settlement house termi

Spet

May

March

July

october

arch

December

Kay

Cotton

34.10

February

54.40

March

5476

Apt/June

24.08.33.00

July/Beptember

34.00

October/December

34.85

35.11

January/February

35.15

March

Katate crepe thick

LIVERPOOL ·

closings, American middling 18/16 inch, in pence per lb. were as follows:

of B Since the iden

The pile of correspondence, army was mooted, the Defence blueprints and appendices which Office

30 lbs. for its he submitted weighed responsible

Mar/Apr. and equipment has Ho had applied for patents for planning received 830 "Inventions" and them all, he told the Defence passed them on to its sub- Office, but without sucCOSS,

Include the sections which Bupply and Procurement Offices,

All but three per cents

Some inventors demanded that

for asked money--one of 25,000 Swiss Francst

зар

the schemes which come from posited in their names at banks abros as woll ng Germany before they would submit their have goto into the wastepapar lens. basket,

according to Defence

In Malaya, with its donso bask tropical junglo, prchacologists Office officials. They hinted that

One reason

the three per cent, inchided have a very difficult ground for

good suggestions, The

vigorous me very exploration.

discuss them. growth

Many threatened to sell their of giant troes, the but would not

for their secrecy, blazing sun and daily teeming rains destroy almost all signs of they said, was to safeguard the inventions abroad if not

inventors applications forcepted by West Germany, These potente.

were usually told in prompt 201 A

acourteous letters with which the Among the rojects were The ancients of Malaya did) not have the imperishable stone miscellany of military marching Defence Office answers all which in other countries has tunes and ideas for improving ventors: withstood the wear and tear of Russian jet fighters, army cook

a civilization in a matter of a hundred years or more.

Jogists the forgotten story

ancient life and custom. į

But first Me Noono and then

Dr. Sleveking and his associates

by Jone

vertatilo

officials 806

May/June

July/Aug

Oct/Nov.

Doo/Jan.

32.44

Official values for cottons include: American middling

16/10 inch 22.89 American 8. 1. middling

16th Jach 20,70

1-1/32nd inch 3451 The Sao Paulo cotton prices

Mexican acting,

2016-20

2814-204

East Asia INSURANCES

Union............. Lombard....

Underwriters 10.30

DOCKS, ETC.

K. Whart Dock

-DO 01

20 Providunt (0) 15,40 13.60 1000 m 1815 Wheelock... 735 7.40 3500 @ 7.35 LAND, ETC,

IIK Hotel ... 13.20 15.50

ink Land

... $35 701 711 70 Humphreys

25.70 Really 271-281?

2.1231 2.1715 13000 ep 2,15 UTILITIES 271-27

Tram

21.40 22 Star Ferry 354 Youmatl

2612-27 General meskela, cit banis, ports:

thin AMSTERDAM

100 # 154

2014-201

Ferry

inquoted 20%2

183 184 100 181 183

C. Light (0)

10 18.30 250 120

C. Light (N) Ecotrie

Floc. 1231⁄2

The market was steady, Prices closed today in guilders per kilo. gram, CIF, January as follower-

No. 1 rubber No. 2 rubber No. 3 rubber

No. 1 crepe

2.75 buyers 2.74 buyers 2.70 by 283 buyers United Pres.

Singapore

were not received - United Pres Stock Market

NEW YORK SILK YUTURES

New York, Jan. 13.

Singapore, Jan. 14. Brokers today quoted to doì- lowing stock prices

де

Silk futures today closed un- changed to two cents higher with sales of one contract,

Closing prices word; Mar. May

J

4.454

4.358

In-

Dec.

Mer.

4.20

United Fress,

London Foreign Exchange

thord "Dear Sir... are no objections to your offer« nature through the ages to suring pola and flying using the invention you have sent

to interested parties abroad." render up to modern archaeo-submitte of inventor,

that Defence have found that as with the Logit Germany Wehrmacht nearly all genuine praétival in Saw You Another claimed to have inventiode in the military with its towering cliff protected vented an electric

by ride dringare made hot- rock shelf would provide at bolts of lightning. A man with but by scientists, engineers, and least some evidence of past life,

a scheme for electrifying West former technical archaeologists dug

Germany's entire Cetera troute

believed that the Gula Chah site,

nd dry sand.

frat dame ........., utrosker

Buklod that he had digi Pof thes

Ito

pompacted

pottery; not an unecision, flori wwwred a "waipois-toi orki· DIE VOTRON: Mtg these!

Wesponu," -but- omitted to: my.

in Mislegs dates from appro- Wisas ft. was. Many others offered firesun inte

ximBakly the 14th century when ad soerstal of devices; to maker | Who

imuni esate from China sevro 11 anenky welpons Harmame

well, established in Malaya, R

Asskirted by aborigine digimen, | BomberOnd the Dead Manch

·Montinel-

London.

New York Foreign Exchange

Jan 13 Jan..14 Closing Opening

British Borneo Petro-

Ieum Syndicate. 35/- 35/- Consolidated. - Tiny -

Smelters, Ordinary

· Frasor de Neave LAS.

28/40 28/04

"Ordinary Lenie .... $2.00 Frares & Neave Ltd.

7342*- qum, pret. $4.60

Hongong & Chang-

Esa Bank Corpora ser (Colorial. Ite- sister)

Malayas Brewerien

Homies. Joburi Bingapore Cold Stor

Marno

The decline in utilities

was 000 now shares at 242/10 cach·

tokking. It didn't amount

cents

to proportion of one new share to very much. Оп the week.

the holder of three old ones. The Trams are down 80

to

premium obtained on the new $21.80, China Lights are down shares was carried to the credit 10 cents to $18.20, Electrics are of the Reserve Fund which was down $1 to $39 while Tele- increased from phones have also lost a dollar to about $7,600,000. $35.

LESS MONEY

$4,000,000 to

3. 1007. Capital Increased from $10,000,000 to $15,000,000 by the creation of 40,000 new Naturally, at this time of tho shares issued at the price of year, there is less money about £30 and offered to shareholders for investment than usual and in the proportion of one now brokers belleve that many in- share for every two shares. vestors have

temporarily Ilquidated stock until after the New Year period.

Banks climbed

to

4. 1021, from $16,000,000

Capital increased to $20,000,000 by the soot 40,000 · new record shares at the price of £70 per

14:10 levels during the wook. Last share offered to shareholders In 10 18 30 100 62 10.10 week, you will remember, they the proportion of one new share

were selling around $1,975. to three old shares.

Telophone .. 34 35 1800 E 35 They lost a little ground early

19 @ 34%

200 35 INDUSTRIALS.

Coment 2000 414 417% 300 4115 500 @ 1414

10.00

Rope STORES,

Daxy Wetióp

ב

RUBBERS · DO WELL

in the week but with the an nouncement of the dividend and the one-for-four bonus, they came back quickly and moved The Rubber group continues to.

the past

$2,000 mark and to do well and following fresh 24.20 24.00 1500 24.20 touched $2,200 on Wednesday, advances in the raw material. Yesterday they were selling be-price in Singapore, shares tween $2,160 and $2,100.

moved up again this week, Amalgamatode from $1.875 to There seems

have been $1.70 end Trusts from 42.45%... some confusion on the London to $2.50. Stock Exchange over the bonus

10.20

Crayford

ます

1300 B

CUTTUNG

Textile Corp Nanyang MISCELLANEOUS

Yanatizo

Chicago Grain Prices

Chicago, Jan, 13.. Prices per bushel in centst

Closing prices

Wheat, No. 2, red

Spol

Blur. 19193 (11) 25016 TES

20136

May

July

1,130°

Nov,

Corn, No. E, yellow

$1.03

Spot

|| South Belilah Lower-

Mar.

MAY

10714-17.

Burwas. Trading A

$24.90

$24.90

July

Ertreite BedrTMEMİŞ 77 $17,00 $17,90

Bopt.

Unked

Nov.

Bűndinmay laman

#13,15

Byo

Patrina

Exchange Rates

to

announcement, In the China ·Elsewhere on the market, a cable was received Unions showed improvement on Mall office a the day after the announcement the week moving from a middle was made to say

thers.

appoinment with the divi price of $9071⁄4 to a:sale of $930

yesterday,

and the share price actually

can only BASLOMO that the Cements are keeping remark¬ dividend and the bonus wore not ably steady still on hopes that sunounced simultaneously. the company is going to RT notice also that the Reuters nounce a bonus issue shortly. middle prices put Banks at They sold last week at $45 and

when broker yesterday they were hold £109 yesterday

holding friends of mine reported that wall at $4125 they wore buying from London de la at a market rate of about £114 presumably there will be some clarification" today

CAPITAL, HISTORY

The original capital of the Bank, HK45,000,000W(40,000

Whoclocks are a shade off lash week's prices but other comm panies in the group Remitien and Allieds have gained some ground.

Wharves continue, to ease and

shares duch of HK$125) has been are now down to $81: Dook indoused in four mages); to its ad Providents have also slipped present figure for HK 20,000,000 back alightly during. the worka (160,000 shares).