1955-01-19 — Page 9

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL, WEDNESDAY, JANUARY 19, 1955.

PENGUIN LAND RACE

LIFTY-THREE years ago—when Scott reached the South Pole only to find that Amundsen had got there a month earlier—Antarctica stake In the Penguin continent: and three of them are now engaged in further exploration of this great land mats which it almost as large as South America.

Will Britain be the first to opan it up? Or Ameriça? – Or Australia? So far, Britain loada

The British ship John Brisco has in post-war years been floating headquarters for research tesmi,, and British explorers have made Graham Land the only part of the continent of which much de really known.

This month, plzos are even being discussed for a 2,500-mile trak with huskies and sledges across the Pole from cont to conf.

Meanwhile, the Australians have just set up a new base at Mawson -the most southerly permanent disé la the world. From here they, too, se proparing to mate inwards towards the Polo.

They point to the new air-wars flights across the North Pola, and believe in the day when there will be Australian air routes over Antare tic)

The Americans have three-year programme that was put into cperation last week when 35 scientists left Boston in the ice-brezter They can to set up three bases, including one on the Polo

Jarch for gif, coal and uranium.

Atha

Spain Expects U.S. Benefits

Spain

enters 1965 third best of

the centiary szut 1h beginnings of United States

with the uptimistic con- and to Spala helped to viction that collaboratin

tion with the United States is likely to bring her substantial benefits during the year

She was flattered day th to Spain duli 1954

1

ܙܐܪ܂

Th

sustain

Chatto y that

buste the alde is lack of a long trim

pultry However Hat be, the excess of importa expintis is considerable and The situation was sharply high- lighted when Germany recently decotech that no more German Kinets, would be shipped to Spain Catal Ther standing

track

Iwo. members of den! Been hower's cannel

Chande Thomes, Beers E the Mave and Me Hand Paint! Secre tury of Air,

Other Ames deman

pel va mualitie

who come to Span okumas 1954 includest Me Sh

131

fנן

the Food and Agricultur E ganisation, and Admusad Cemes, Chier

Naval

of

QUITYPOW

There was a constant flew high ranking Trinet State fence offrets aal Sonates Has went, ives

115 030 000 d 4ME 275 000 0005. Înd been pali.

Formers Grumble

* Pronude a the

an man of Bhaki by cheese, Catalan

Juuk askange swa cheth advertisest

tally

news thaters, the of Spain's pentellin plauts

follow me

imports

tramu

173

| FLAN TO BET UP

IS ON

FALKLAND

BRITA

Secctorian & MORE BAY

AMERICA

EW ZEALAND

OSTRALIA

¿GRAHAM LAND

PROJECTO

SATISH

[TYPLORATION

R/C TALCA

SOUTH

POLE

NORWAY

·MANSON

USIA AL

AUSTRALIAN PEDITION

PLANNED

Ants Eating Into

Italian Culture

*1

-

.I

Men

The

Hordes of voracious ! termites

silently, win bett are secretly, gnawing at thei Termite heart of Italian culture.)«owvind Vata, on tula

1.bru with archivia. Vat en pub

the four inc

I Burg J manuses apt- found paid Axkermend any real dange

the

Lehe

Ju 19cm e

man achility, a Roma, sance pavings which he m

NPUTS 1.

Sab

elbane

art

Find all over f..ly have remo

Teate HA M

the selvs the 11the white ant Thored States, edition consider ihve

wik desty ng pet'es y hues and Thousands 14 one-way that the

ot

FRANCE, valuable Ministers

being afm toeDEN

kumported ure ; delt i ve Army, Air and Commerce each fourt of proportion to Spain's, Ive ads and documents, attaque y metal fl

Nor With trame

Spain's

pud vise's lasting several weeks

to the Dated States and

WHIT

much feld Beading hauts of

Journalstar

the

Baroma's fam

WEL

S

Francisen Jose Pl, and Senor

11. Int de Lubs, manager of portant galdishlung Hem Elitorid Catolica

made

leng trips through the Uny of States

יוו! t

Economie poskrom

it's

T

X

TRADE AND COMMERCE SECTION

CANADA'S DEBTORS

Five Nations In Default

Ottawa, J、n. 18.

Canada's foreign debtors paid off $92,883,000 on their loans during 1953, the Auditor General, Mr Watson Sellar, reported today, but Greece, Rumania, China and Czechoslovakia defaulted.

Mr Sellar repurtest loans 10 foreign Koveraments totalled

; $1,772,000,000 at the end of the

1953-54 fiscal year.

Humanla herd Refmalted $24,392,000, and Greeer on $0,- $25,000 "for many yearn," Mr Scradled that the Caselio sker mah den 59,000,000 that he caņu j de then Since then a settle- [mnk ke payments in Avant mus

atnal Instalments

been worked at

Bass pad $88,597 89 41 5

leaving

$3.395.000 hulaney owing at Moel; 31, 1954

Tetuan put $63,192,000 n Dowel | 284,623,000 at the end of

It has beny repasig ented he The

ALL

Ty The at delt due

ה

fa:le Pe Netheri med $5.- Priorata 81 545,0BU Unitel

Other payments wer

25 Low $2,307,096,

ann Norwns $2.628 une Fres

World Rubber

Markets

World Cotton

Markets

New, Yark, Jon, 18, Cotton praVVI toy steadied and after

mixed opening closed on higher ground for the Best Une in the past eight

Technen:

NEW YORK HONGKONG

STOCK

MARKET

New York, Jan. 18. Stocks turned up today after a Ave-acssion decline had cut some $5,000,000,000 from market valuations,

rise

The

was accomplished without enthu ak391,

however. und on rein.ively light turnover -3,020,000 hares compared with 3,300,000 shares yester- Liny.

Alterat shares,

steels, rails, some oils and chemicals and a number of speel insues featur- edhe upturn which way best described as "technical "

STOCK EXCHANGE

(From Our Correspondent)

Noon quotations on the Hong- kong Stock Exchange and tha morning's transactions: mares UVERB SELLERS SALES

BANKS

C Bank

2140 2150

€ 2.125

2115 2120

Là và 2120

Kort Asia

214

INSURANCES

Lumbard Underw:ters 1040 Indo-China

Dek

Arta Nov

DOCKS, ETC

K, Whart Dock Providem io. Wheelock

Reven Svilog has lowered i prices of many lastay to a level i where some now demand was LAND. ETC replacement buy to be expected With no new ing, plus a subsidence of netive stimulus, however, and with the Fedge ing.

M routine overhanging cloud of the Federal tomestic fextile Reserve move to nighten credit mids and exporters acled 10 working agahast the market, the turn the tiefes

mand was not vigorous,

deral, 113

Liverpaasa! brokers. jeeling selines of the new crop positions

the

when T Limated 5,000 biles were put into the ring, became noticeably legs active alter Bart British market closer!

Find

AVERAGES

fndustrial shares wveraged 2.78 higher; ralis 1 22 higher and utilities three eens higher. ! Out of a Rosul 1,271 issues Trade į |ed, 040 were higher, 371 lower.

Steds as a group were anong |

મ titleen

1 to rulert higher The

market the best performers to off 4! pessed unchanged

Orleans points.

closed; New archanged to up pils.

and Trading volumus Interests in the Exchange today

We

Volume Lipen Intes est 13%.

24.0500 148,300 23,000 1,178,700 10,700 $45.00 1,7300 183,300

11.00

100,000 4.300 01,600

7,900

05,100

Raila ed In the average bąd

to 2 polls

gains renging.

Union Pucitle.

HK Hotel IK LIN Huusphreys

Italty

UTILITIES

Tracks

Star Ferry Yaumatt Fetty

340

00

27.00

v 2150

* 2130

300 30

15 00 733 7.40 500

1000

1315 10.70 300

71 7114 25.60

2 LAG 2 178 2000

22.20 22.40 150 100

130 191 200

100

150

{"

Light (01 18.20 10 30 200

200

2000

1000

500

391% 291⁄2 1000

300

500

C Light (N) 18.20 15.40 1000

Elrottle

INDUSTRIALS

300

មានខ្លួនន

6953583553SESSEE

99463

33336

nis anxi

Some of fr widest Teame in abrerafts where Douglas

elia +1

General open Dynamieri

Lockheed 2%. Glen Martin 2 เกม g 2.

Northang Alrera

LOOVES I

Maynu Bee Katakan

121 13

Tullne

35 30 1000 35

Cement

4243 500

In

IN20

STORES. ETC

Daley? Velvet

245 24.60

100

17

200 G 1793 100 a 11,60

up

to MISCELLANEOUS

I, Crawford Texile Cury Nanyan

4:

Yougtere Allied

2000

440

42 7750 75

A few ulls held the spotlight. Texas Pacine

unki Oll Coal

90 100 2.000,900 halve featured right from the opening

Mini

Ma

M

Judy

4. Del Mar

bets and

tely churches

arm 1. Bames of tomta s prired rutting es empdriely Boboa- ed out by a boy on Sony

Singapore, Jan. 18 Tim

nuket ngaturd | Der STARKA with some frate buyint

with interest Tota sagged ly alba later

pront-

Dek

Mar May

NEW YORK

FILE

N..

Puture closings were

ubber per 10 Fel

A

A

No 2 rabber per i No 3

29- on-1981 Mor

Api kattekonteved Feb

97-01

Mar

14--

May

July

NA

MM-04.

Stubber unboled

1774-085;

Ber

Hanked repe

S rev then, the hur dea

art in Sculloren Italy at the

The Total mest nabil«*

011

No, ale crepe

402-103

Mar

Ma

July

NEW YORK

tiz

ha

rangud ..

neured the ve, v

Bal.... support They declare too, that Spain lowlane Emulad ng is spending too much money ou

The first cry v alarm at the less necessary imports instead of

eaf tas cutes was ones atcalling on urgently need-

machinery,

heard in Hly in 1947, when the offretive ellarte 1 organise en farm tractors

anti-term fo campaign were natafuter

Trasport

22

With most of Spain. affected mathur kas pa

hy electric power cuts of from wrote about their vERS

Th

20heurs a week upwards, erites impressed to dowover how active think that more energette action

15

Cathalu pan LA B Tuttets needed to import the plant to States.

Mest Spomands regend the

Vinted

Protestant,

Stute

Lily

Highly Pleasing

All this coming and going t

highly pleasing to a Spain.

tha Las Venice Out the way. they i have frie.l the Nation Some of Spams leading banks.brary 4 Face the Churd. are consideratg tang

and St Domente fi vf S Pen stion's leading natutunant) at Penug, ent ve of the

work out onumusts

The Galen y

Mekan Art m Plan" for Spam murthing like France's "Mont a the historially inplant th: Minist. y WI and other

of which

HANG Justru 10

worke txard

neי f

13451 the wwwss f 15 test, theat 1 that's cultural cente Manchest for at a recent eager at Crane. in vist contal HK, who can use pets of the night 1. uxtoron

ale temies

Were da shati.

The Habin... Gay mamment Bist tok alarm at the

:T1 nade a deep impression notable bulid ngs

1950, atter much prompting form Spain's erounonic eireles

museuns. hbraries book tulier Termites, whose only relatis nors 2nd owners < v:luable to the rumon, hou chold ants buildings.

which, sure 1939, hus been have General Franco worked.

い mulation The servi 1954

ארון

proud Spaniards Theved the

dyname ways of the Americans They appreciate tlant 4.1 the Restures such Gaal er

Cenetit his

is their struct division of labour and extremely busy life, were Drift lowe providing the funds thought to thrive by combat the threat we e pre- exclusively in warn climales, pared. But it wIS

friendship with the Arab League cations and his criticism of the French for devtsing Mohammed

heleed along this policy r. CS- W.10 N Abdel Khalek Hassuna, Serre- crew, as she passed through thetary of the Arab League, was Straits

during lavishly of Gibraltar

entertained during Carle mas, femid vp on tek 50] three werks' stay in Spain. srelli Spanish the greeting General Franco seems to have "Feliz Navidad" (Happy Christ- | beena

watching Meijerranean Efut the teel that mas).

affairs particularly closely. other honoured uest to Spainast wws Marshal

These ittle luuchies

thore thin

menn

diplomatic forts.

An-

they

גנו

1032 that they Wera Anally passed by 1:ly's two Hou os af Parliament and 750 000,000 10 (£431,000) set werde for the anti-termite comprign

A

vand-

ivately owned

13 or Bye yus-with Ütle

Papagos, Prime Genea

fairly cult northern cities of paign bed by then been in pro-

US

Italy at have invaded the often

and Venice, Es well elaborate Minister of Greece.

innumerable uld towns betwe General Franco himself

The Tvrihen an ant Adriatic aboard the Coral Sea o was watch exercises by the United Cocais, is shown that they can

also lived ravage-in cold.

1951 note in

opening

Perhaps the most striking laylted internal

of States 8th Fleet and a promise General Franco's

was made that joint naval exer- negotiations with the Pretender, Prince Juan of Bourbon, for the rises shall be held by Spain and la'ter's 16-year-old son, Prince the United States, Juan Carlos,

to

be given an education in Spain Atting him

to succeed, eventually, as head of state.

cnd.

Latin America

General did

Lalin

TE

Luccess.

Futures cred today 26 to 40: 1 ights with sales of 111

steadily on

It

when it appeared on a 40,000- shure block. opened frne-COTTONS puri moved Prices of futures closed today onally lower as fullows:

heavy turnover cos: 4 poin a higher ut $55% les first place on the active list, The New York Stock Ex- change bond volume

NEW ORLEANS

371,000.

was $4,-

20.30

The American Stock Exchange New York Foreign

Exchange

34 95

34.70

34 83

34.73

34.00

34.08

23.13

velumme was 200,000 shares,

23.07

Dogtraris,

DOW-JONES AVERAGES

Dow-Jones closing averages Prices of futures closed today today on Wall Street were as Las fallow:

follows:

New York, Jan. 18.

Chanda

England-oficial

$1.0344

34 10

Emergence 1 21 broader Letay and dealer interest, fol-4 I wong ka the wake

Mar

54,42

30 Indusladı

300.00

Mov

34 33

20 razl

12.06

Unofficial 50-day futures 10-day futurea

July

34.94-95

15 uitlatiea

02.09

Australia

f higher

34.75

43 storks

143,33

New Zealand

prices for Umited Eastern ship- tetit effering, and Singapore! half-cent parity over the mak 1. brught a smart rully a

shaky opening.

Del.

ЗАЛІ

in bunda

100.

South Africa

Mirr

33 13

Comm. future price index 169.34

Others were unchanged.

35.11

-United Press,

MA

the spot

market a

L.

LIVERPOOL

Mar/April

Cotton glosing. American mid- farhat, 15/16 inch, in pencer sizer lonnage was worked to b. were as follows: kartoric, an dealer. Reports sales included March one sheets 33 cents in the foresoon, but unyers were around at y lo cent higher La the afternoon. March the sheets were done at elude 32% and inter at 32% cents a pound delivered, Jandel basis. Spot No. 1 Res were quoted at 3324 cents.

Future closings weret

the

Now, with ampie funds al heir dispari, the cumpa gners redoubled their efforts.

Mar.

Mny

July

Sept

Dec.

Their attacks on the termiles

Mur.

"It is all a matter of appetite,

I think," suld in telian who aim at eliminating the humidity has been studying the problem in nationally for a long time.

within

tro ENLL

32,10

May, June

July/Aug

Det Nay

32 23 31.12-13 31 90

the./Jun

J1.93

Official values for pot cottons in-

American inkidiing 15/10th

Izzel

Amvelean milting S

32.70

20.60 mingit fich、、、、 American middi në 1-1/32nd 4.39 Others were unchanged.

SAO PAULO

Futures closing, in cruzeiros per kilo were as follows:

33.23

33.23

13.00

42.00

March

May

32.10

tely

Oct.

tee.

2.78-7/18

3.07-2.80

2.78-13/32 2.7835-

2,22%

ZITZAL 2.78-13/14

Unlied Press.

G.M. Offer To Buy

'Surplus'

Models

Detroit, Jan. 18. ·

General Motors, America's biggest automobile producer, has offered to buy back any "surplus" cars from its dealers in an attempt to cut down on illegal sales of new cars to used car dealers.

The Corporation

President.

Harlow H. Curtice, an-

nounced

the plan in a policy New York Sugar

Mr

30.55 29.05

30 30

30.00

States, the

Mr Curtice

statement to 18,500 dealers and distributors,

In the Untied

sold General average price of 15/16 middling Motors 18

for prepared

the designated spot markets balance of the 1955 model year

Market

New York, Jan. 18. World No 4 sugar

futures today unchanged to 2 General points higher with sales of 207

areas" contructs.

was 34.00 cents. Sales at these "io repurchase or to arrange for closed centres totalled 29,467 bales,- Unlice Presa.

LONDON

The market was barely steady. No. 1 spot Ras were quoted at pence per lb. Prices:

#10

No. 1 pct Rss ........ 2016-2834

April/June

239-2014 2013-201

2014-2015

20 0/16-2633 28 7/16-201 281-20

6.itlement house term:

March

July/September

October/December

General markets, clf baata, ports:

January...

February

March Estate crepe thick Feb. 30

thin

AMSTERDAM

unportant build- Libranes ings, ke big polic end art gidlerits, repairing old Termites eat wood and paper, walls and decayed Lusins which They set up colonies in the may attract colonies of the 28 Prince Juan has still not sold:

Nor

Franco foundations of old building. Insect, and substituting melal "S1" (Yes). He

41 neglect is only

America, whose humidity is ideal for the for wood wherever possible, ex- himself and feels that he should | Generalissimo Trujillo, "strong termite constitution,

foundations of and pecially in the Iram the man of the Dominican Re-systematically wreak havoc on publle buildings. not be "by-passed" crown. But the latest Impres- sion is that he will agree in the cube, was another visitor to paper and wood within striking

the

hand, distance. other Spain. On Argentina showed displessure at

When the supplies se:tlement Gerteral Franco has had sharp the failure to reach exchanges of cpinion with Bri- for the payment by Spain of reach dwindle, the colony moves pesetas to a more prosperous hunting 2.000 million tain and France over Gr.1 ar ver

The best disinfectant is found (£20,000,000) owed to Argen-ground. an: Morccca spectively.

to be Xylamon, a product also Britain regarded the visit to tina for some years now.

The unlimited provisions in widely used abroad against dies- Mr Malenkov changed Stalla-braries and Gibraltar

May of the last

old palaces, with tructive insects.

The market was steady. Prices beautiful young Queen Elizabeth ist policy towards Spain to the their volumes of delicious, time-

Although this campaign has closed today in guilders per as a routine Royal visit to a extent of returning home during ripened DADET,

and soft, started, delegates to the Cesena kilogram, clf February as fol- British colony. General Franca 1954 saw it as a studied humiliation / Division 286 Spanish "Blue mouldering furniture,

held by irresistible lure for the termites, congress stressed that only all-lows

out oforts can counter, a threat they cause was Trials of oppositionists" In-

serkous ԱՖ that of the NO up a series of border controls which test Gloria's econo- cluded he is Prcemasons, vividly illustrated in Roine re-stro

life

rocroational another of 17 Anarchiste, and Acently, when a student browsing and

in a public library oponed a hird

214 Basque Nationalists. activity. As the year ended, the

sentences or acquiitals valuable old edition of Dante's 1952 laws force those engaged issue neemed to have receded Dominated, but a surprise Divine Comedy and found a void in the fight to Ignore private

between the rounding up from their

The two engraved buildings. Termites can there enthusiasm for the homes Inst Juls of

buildings, 30

CO VETE, Barcelona

The pages of the book fere nest in privatd. chusc of Mohammed

out of had boon completely eaten away multiply, train fresh workers and allowed the French, Communists Morocco, deposed

by causal ley relations will prison after sentences of 0 to 1 by the termites, a colony of reinforce their ranks for attreks

which was found nestling in a on the buildings which count, and who wero 1054. M. Mendes years in

gaping crack in the wall behindThe conclusions of the Con rangia the bookshialved. zentonces 30 years

grets, now being studled by the swnment up 1954 na a

tha Students

termite lovemment, were that public.

New York where Spain also has aut predict the need in future Curia got into bed opy night strice wherever the termiten can

foreign and political fields, unnamed Cardinal of the Roman fighters even for hund to Montreal

Amsterdam' tectorate

whether in be found, Economically, 1004 was not for basic economic blanding, some youre CSG-End Wes

Copenhagen. particularly good, although with possibly more austerity minutes lata on

Zurich "or""""ome Fegards bumper wheat crop

imports, China, Mall kicking: wildly. Servants de á Gothic cathedral-China Ma

Otherw covered that termites had Special. 4,000,000 tons, belleved to be the Special.

of Spain by Britain. He has set Russia sinco

mic

somewhat into the background.

Spala's

Franco during

France has smoothed cut

given

of

year.

The ambiguous wording of the

situn'ion somewhat by promising for General Franco in 1 menggo slap, pecpuit that an funds should be increased and

to keep Spain Inforated of any fundamental changes in Morocco, good

No. 1 rubber rubber No. 3 rubber No. 1 crepe

2.70 nom, 2.77 nom: 2.75 nom. *NZ HOIT

United Prem.

London Foreign

the Ferdinzi's bed of Ule, beams of Poria

Exchange

Singapore

Stock Market

Singapore. Jan. 19. Brokers today quoted to following stuck prices:

Jan, 18 Jan, 19 Closing Opening British Borneo Petro-

Icum Syndicats** Consolidated

Smelters, Ordinary 10

Fraser

34

THE 28/ 20/61 Arxi

Nenve Ltd. Ordiory issue. $2,00 Fraser and Reave Ltd..

75% cum. pref ... 16.00 Jongkong & Shanghai Bank Corporation

Colonial Register) $1,330* $1,110* Malayan Breweries"..

$4.00 $4.00

Italien Hotel ·

Singapore Cold

Storage

Booth Brius

オ fastiges

by other |ropurchase

Motors dealers in other

Domestic No 6 sugar futures any new and unused passengers cars that might be considered closed unchanged to 1 point "excess surplus."

bigher with sales of 21 con- Irnels, He said the new plan was aimed

World trade activity featured at enabling a 'dealer who finds

switching of Marchi contrae.s' himself in an oversupply posl-

la later positions, along with tion because of local and · tem-

his trade, adjustments following in porary factors which in

more activity ipi opinion are adversely affecting the wake of

the raw market. his normal busiricas operations"

Dealers understood. Holland to get rid of the supply.

bought 3,000 tons Haytian rowe "Bootlegging" of new cars has April-May shipment at 3.14

for the senis

and a a pound 1.0.b., plagued the industry

cors | cargo past several yours. New

of Cuba's Fob./parch have appeared in used car lots shipment at 3:10 cents, Switzer- a prices below regular prices, land bought 8,000 tone Some dealors, caught with." in Cuba's And Sweden Some the Cuba's both at 3,15 to 8.14

penis,

ventories above normal In $2.00

| "buyers market" in recent years, have wholesaled the new cars to $8.00

used lota and other "un nuthorised” outlets. United Prem

$2.72

$2.00 £2,00

***

$250.25

$25,00

London, Jan. 13.

2.00-16/18-3.09. 10,8812

Stralia Trading.

2.78-7/18-2.78-13/10 | Streita Atamship, .....

unchanged.

United Pros

United Engineer,"

|_ Ordinary · iskun

Wenne BrollLOTH

Hongkong TO Petaling it Betmədiyi Dungapital:

twithdy

Exchange Rates

Domestic futures were quiet

and gengrotty tonturolers,

Future closinga

Contract No. 4 (world),

Mar.

May

July

Bept,

Spot-fcenti per ly, fob

...

Contends No

Mar.

July.

Loente ver

tited

Burner was done in the local unpetal excharge market this .81250, $13.20,

morning at 100 “following · rate: (30K 1200: UB. doline (per-81)

i sterling, nojom (pēc 41) akathang istorieiian rupiikit per 100)

Jalam Libaik, (pať 100) **j*

Bingapore · (Straila) Indo-China plastres: (pre 100)

Miina Mali Special.

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