'SLOW DOWN' SOUND FOR MELBOURNE'S GIANT MUSIC BOWL
By NOEL BUCHANAN
A GIANT music bowl, opened in Australia this
month, pioneers a new process in broadcasting in the Southern Hemisphere-a system to SLOW DOWN sound.
The Sidney Myer Musie Bow! | countered building the bowl was Melbourn, which has taken getting a clear reproduction of a year and A£200,000 to build, music to the 2,030 people sitting is bigger than the famous Holly-under the canopy and the thous wood Bowl that Inspired it. sands more sling on the grass
siepes outside,
Sane Jeteners may be closer to a loudspeaker than to the stage.
The enormous stage of the futuristic bowl is big enough to hold a suburban siyle houses. It has an area of 6,000 square feet and under the stage is an
other 1,000 square feel of space holding changing rooms, showers, stores, Kitchen and ter r'dem and a number of amall offlers.
SANDWICH
G
t
of
The sweepingly curved canopy of the bowl is made of half-inch sandwich aluminium ond plywood gus- pended on eobweb of steel wire ropes,
The main cable, stretching from 70 feet under the ground High across the tops of the two 70 masts and down under
This means he may hear the sound Arst from the ordinary loudspeaker and then a fraction of a second later from the stage. The result is a blurred sound.
But the loudspeaker syslan wed in the new Melbourne bowl sound automatically delays the
speaker m from each
that it. renches the ears of the audience the same time as the natural sound from the stage.
to
The system is the first of its kind installed in the Southern
similar Hemisphere and is the process developed by Philips Electrial Industries for the famous La Scala Opera House in Milan.
in a
An operator will bathtub-sized control pit bulit in the middle of lawn 200 feet from the stage and control the en- sound levels from all opeakers.
ground again, is 508 feet long end weighs more than 40 tons.
the moln problems One of that troubled cogloters
Canopy of the Sidney Myer Music Bowl
Electronic Brain
THE CHINA MAIL, MONDAY, MARCH 2, 1959.
Pago 0
Weekly Survey On The American Economy
AUTO INDUSTRY SURPRISE
Production Running Ahead Of Last Year Despite Staff Cut
New York, Mar. 1. The automobile industry in the United States turned out its millionth car of 1959 last Thursday, an event which did not occur last year until March 12.
This in an
Industry where crept into production is running about 12 According
the number
of
the
steel market. business as
3
Best Levels?
storce
This
HONGKONG INDUSTRIALS
STOCK EXCHANGE
Zus
Our Qwa Correspondi st
SET A
NEW HIGH
New York, Mar. 1.
Business done on the Hong Industrial stocks set a new all-time record high on the last trading day of February.
this Exchange kong Block morning amounted to approxi- mately $318,000. Noon quota- ilona and the morning's trans- actions were:
INBURANCES Union Lombard..
SIEPTING Waterbost Wheelock..
Bales
205
34700
22 72%
This left the - Industrial The market påld Ittie heed 10 average up lightly on the week the steel news where the figures and higher on the month, showed production at a new Utilities scored a small net gain ligh for two years and only a but railroad issues lagged and shade under the record high, Neither did higher 'automobile finished lower on the week.
productom stimulate buying in the motore.
Trading for the four-day week -cut by Washington's birthday holiday amounted to 18,888,230
Selling wont ahead in the shores, o dally average of 4,088,807 shares. In the previous makers of small cars. American motors which led the market in the week
53c# total wor 3.55 5.00 1200 13.03 18,504,770 shares for five days, turnover with sales of 618,000 a daily dverage of 3.700.954 the week at 20% off, 1⁄2 point on
the week.
2000
Easter approaches
Shares Buyers Mellern 10 Iron Age and with it, the inducement to
RANKS clothes. waited buy spring per cent ahead of a year ago Magazine buyers have in spite of a reduction of $8,000 too long to rebuild their stocks optimism is also supported by Bank..
workers and are now desperately trying the fact that cold weather has employed.
to hedge against a steel strike largely cleared winter stocks in This nipo in a city-Detroit-this summer. where there are 3,000 more unemployed than there wers a year ago, a city which has been
The mills operated last week compelled to place
of unemployment at the best levels in two years, burden
ended weck on the state Output in the bet payments government, and a city whose February 16 totalled 2,449,000 with 2,371,000 assistant
superin-tons compared general tendent of publie welfare was tons the previous week, the quoted this past week as say highest since February 25, 1957. ing the welfare problem is
past Operations this the worst ainee World War II
are scheduled at 87.6 (with the exception of IL
of capacity, ¿tiko period in 1950). I
the heavy.
and
DOCKS. ETC.
00 x. Whart..
100 p Ps 43 Provident 12.10 12.30 2503 #1220
Iteins
and
hard-Dock
consumer
to set new
LAND. ETC.
UK Hotel
of
HK Lend
Really
Humphreya
New Records A survey by Fortune Magazine found retalt merchants of clothing, cars, here goods, department store bulicing materiale expecting ware purchasers in 1959 records.
on the rise Living costs aro werk again:
The Department per vent Labour's consumer price index
RUBBER edged ahead one-tenth of one
Amalg January. the 123.9 Trunt Iron Age sold the backlogs at per cent to 123.8 in certain mills have reached an This was still below ol-time high. The jam appears record posted in July and ngain A. Tawah
Bat-rolled in November of last year. The worst in In Detroit today the number to
hae fluctuated within UTILITIES
Tram and cold index
cent Star Ferry of person: drawing city wel- products such as hot
XD fare beneflis is double the num-rolled sheet, terapiate, enamel-three-tenths of ber of a year ago.
The state ling sheets and electricul and during the past nine months.
Commissioner Ewan Clague Yaumati C. Light These pro- Andy Haeli in such a financial galvanised sheels.
out said this was "the lowest perlod predicament that its payments ducts are practically sold
of narrow slability" in the 19 Electric XD 24.80 -23.10 to the publle universities have for the first half of the year.
years in which the Government been put off and an increase in
Some steel users are even has made 118 monthly report-Macao E taxes is being weighed by the tolking to the mails about lining U.PL legislature.
The auto industry's authorlie-sion to sheet and strip, a costly up ingots and slabs for conver- tive publication, Automotive
arrangement involving
Benefits
bo
News, expects cor production Thandling. Another problem this past week to toin 120,838 may face steel users shortly--a units compared
last freight car shortage, unita in the seme week
year.
But
with
01,442
This preference for paying
Light Pattern Of Wall overtime and going slow an hir
Speeds Up Banking Continually Changes
for
one per
Exchange Rates
Tel.
INDUSTRIALS
khores.
Widest Changes The market rose slightly on Tuesday Inst and moved 23.33 irregularly the remainder of the 18.02.weck with the wide movements
1.5
31 32
28.00
23.20 23.40 560 03
10
1.476 1.820 2500
2.10
2.10
BOOD
400021
2.175 1.425
336 22
.3124 2.25
2011 20.70
105
P3
DG
10.50 16.50 1000
10,00
4000 ở 10.50 03 er z
1100 in 25
120 125
1.30
2015 1000
209
23.09
shares touched 25% and closed
Studebaker-Packard, in second
place on sales of 413,000 shures sold as low as 10% and cloged the week at 12 of 1% points.
In all the fifteen most active.
in prices in lasues outside the issues of the week only three Егоцр used to calculate the were classed in the top ranka They in- averages. The widest changes of Industrial Issues. In Industrials were a decline of cluded several electronics which 1.73 points for Wednesday and a ruled strong all week. gain of 1.50, points for Friday.
At the close on Friday, the
Laggards
average Dow Jones Industrial
the Wall Stic: expected a good stood at 003.50 up 1.20 on
quarter for Industry: wrek and up 9.54 on the month; Brat
The only group rails 162.20 of 0.83 on the week generally. | and up 0.28 on the month; which bothered the trading on the element was the railroad in- utility 92.05 up 0.83 work, and up 2.17 on the month; dustry which so for has failed 65 stocks 208.24 af '0.21 on the to confirm the rise in the in- 10.40 weete, and up 2.55 on the month, dustrials. The oils also have Of the 1,418 issues traded been laggards with their foreign duting the week, 692 gained 508 and domestic difficulties piling Cement 23.10 21.40 100923-20 Brelined and 123 held steady. A up.
total of 257 issues set new Little enthusiasm has been STORES, ETC.
1938-69 highs and only three showin for some af the Dairy
10 10.20 14.30 14.00 238 ur 14.40 touched new lows.
recognised leaders which leads month of som Volume for the
observers market
to February amounted to 65,793,447 | anticipate. corrective ranation stars, rnast for that month 'in the near term. None expected ince 1930. So far this year, a big selloff and none talked the, sales have totailed 149,046,- | about an end of the bull market.
Walion this
COTTONS 5.74 Textiln 16.05❘ Nanyang 12.85
3.875 0,15
8.25 5.43
3.01
8.10 INVESTMENTS 20.75 Int. Inv.
132
Allied
COTTON
801 shares, most since 1929.
FUTURES
RISE AND FALL
in the local Business was done
market unofficial exchange in December. the The steel producers appear morning at the following rates;~ latest month for which detailed determined to take a firm stand V. dollars (per $21 P**
available, employ-against
Sterling notes (per 1) .... Agures are
union demands
Australian notes (per £1) .. sharply from higher ment was down
when wages
the indonesian rupials (per 100€... the year earlier level.
negotiations open En May. ticals (per 100) The present high levet of Roger M. Blough, Chairman of Singapore (Siraits) production in the auto industry, U.S. Steel Corp., in a speech jest analysts ngree, is due in large Friday in Minneapolis, ridiculed part to overtime work, which the steel union's recent series of
less the industry inds a
ex-advertisements in nowspapers pensive way of increasing pro-predleting more business for duction than hiring new men everyone and for steel workers which then must be trained in to receive "a billion collar their jobs,
bundle". In their next contract,
Steel Costs ing additional workers also re- feets caution on the
part of Blough estimated that every
still which is management,
in direct one cent per hour Ixesitant undertake commit- NEW chapter in banking Aduct with an unusual
ments until the general econo-employment costs will add 15 million a year to the industry's pro- mic
picture becomes
atcel. With making cost of A
certain. Alen there is un- history was opened rs- cently whon the first glittering finish for decora willingness to risk the necessity similar Indirect increases in
employment costs, "Univac Calculating Tabu- tive applications is to
of laying off workers again in steel
add to the inflation spiral," (UCT) in the world made lator**
commercially avait-lurge numbers, a process which gure would be 30 million "to
caused the auto industry
he said. started operations at the able in the United States.
bad publicity at the beginning Dresdner Bank in Hamburg, To produce the new Anish, of the roccasion.
troduced in large grains are West Gormony,
aluminium alloy sheet. Sub- The new electronic brain, the sequent acid etching causes in- first solid state computer in dividual grains to stand out in netual use. will extend opern-relief and also develops mirror- tions of the bank's conventional like facets on each grain. Since punched-card system to work
cach
grain is positioned pertaining to savings, foreign differently to its neighbour, a
Transactions, Currency
viewer observes varying degrees account, as well as to payroll of light being reflected from the ducing procesring
Mutface and us the viewer techniques,
current
NEW alumínium
be
more
same
the
New York, Mar. 1.
Cotton futures went through a holiday-shortened week of four sessions uneertain fashion as traders with prices rising and falling in an waited for new market incentives.
+
the Nio
Houston reports said planting At Friday's close, the 1st "" plans. The first plan offers!
The western sections of ruled 14 higher to nine points high parity supports on the re has started in the castern and. tower, or up 70 cents to downgular acreage allo.ment,
wel to acreage over the ditions were still too increase In 45 cents a bale compared with "B" plans offer a 40 per cent Grande valley, but soil con- the preceding week.
allotment but with supports cut work in the middle valley. to 85 per cent of parity.
Approximately .10 per cent of the valley acreage has been planted, the report said.
Raw cotton exports for the
through February peason
in the
From 1940 through 1957, Blough said, employment costs in the steel industry show, that Hold Gains
output per man-hour has risen Maln activity centred in Management, concentrating only: 26. per cent each year.
evening-up of accounts on increasing productivity, hast
Conceding he was "ittle expiring March delivery. This been doing everything possible bit out of my depth here." delivery moved over a range of to hold on to the gains register President Eisenhower appealed $1
a bale, working up to a ed in this field during the Te to the steel Industry und union parity with May
6s against a involves intro to hold down potential wage and discount of 60 cents. NETW facilities and price boosts at his news con- week ago.
and where iotal
Eisen- ference on Wednesday..
cession.
This
a bale a
DIFFERED
Trade opinions have differed on what the choice would be. A recent survey pul the chalee,
24
-U.P.I.
Bank Of England Statement
London, Mar. 1. The Bank of England state- ment for the week ended February 23, reads as follows:
13,190.371
Sterling Note a circulation... 2,000,000,031 Public deposite Private deposits Goverment securities Other securities · Recepte
Ratio
314.145,204 273.004.350 42 3008 13 45,101,031
-U. P.
Bank Of France Statement
13.7
Paris, Mar. 1. The Bank of France state- ment for the week ended February 19, reads as follows:
Franc *291,002,112,500 Total gold holdings,
|0,877,444,229 Tois other currencies
10,044,000,000 Sight balance in EPU
******Treze "applicationi, HOWEVENT moves, the light jätterir. Laft = Epacity testillingt-used maków. Badgers-un-havez: alwafferma dittatureTABILITYS Percentage-wise at 08 for the totalled 1,817,388 bales versus Advance to Stabilir
⚫ do not nearly B11 the com-
puter's capacity. Consequently,tinually changes.
The material bas
many additional programmes
ing use of the most efficient been sectors Management has forged
should
use, of UCT's vast capabilities.
Amrica,
In one second the UCT IS capable of doing 11,000 add-
STORAGE DRUM.
illustrates course,
that wage increases
be measured by the
Spol month stability reflected * being drawn-up-to-make bill developed by Aluminium Co, of been consolidating jobs, exercisincrease of productivity, and I
1301 Alcon Bring the lectivity in hiring, shink that there would be no the prompt absorption of de Pittsburgh 19, P. USA.
and re-engineering products.
inflationary effect if they were The case of the auto industry,meamured by that criterion."
the
The chief spokesman for the The emphasis on
of thought, school
economist decline in Harvard University long-term
televised interview employment in the industry. said in a
tlons, 4,000. multiplications, or New Type Of Fluid
about 20,000-
comparisons
of
multi-digit data. Five, thousand
ten-digit numbers can be stored For Gyroscopes
on the drum and taken
Dut
again within thowandths of a Gecond.
There are four units to the
extreme.
of
to
productivity has added isveffect opposite
gramme.
It
-tion Find the same
|time _last seamn," according
--U.P.I.
In 1955, the industry's penk that the Eisenhower Adminis developments on farm legisla production year, total Detroit tration is putting
However, other observes/e- the New York Cotton Exchange. very notice by spot interests lleven "E" choice would The other old crop deliveries predominate in the cavy pro pivoted on the action in March': ducing sections of the belt. New crop months moved in They felt the "B" plon might
popular because be more # Hardw range in limited offers a larger gross return to minimum dealings
awaited traders QLA
the farmers. The
prices under the "g" too much tion, new
crop prospects and loan fighting ination possibility of further changes in arrangements to assume is 28.45 achieving the paveromant export pre-cents for middling inch.
too little on NEW type of fluid may re- auto employment had fallen tocmphasis on
volutionise
the
manuisc-
327,000. Today it is estimated mu to be 235,00€, of Part of this lie in the attributed to
maximum beconomy.
growth
of the
gramme for raw collón.
Technicians
Nalon is circulation 1,203,00%,000 $20 "Current accounts and
deposits
431,041,383,048 -U, P. I.
Investors Hesitant On London Market
London, Mar. 1.
thought, UCT: Central Processor with a ture of gyroscopes.
trend. can
He Indicated that the present A foremost question in the "reasonable to assume" farmers magnetic storage drum,
The practical advantages the
the greater High-speed Reader, the Read the new compound
ot the oule trends pre fer a rato di inflation trade now is the acreage likely planting, under the "L" arrange-
of to be planted to the 1950 cotton ment may be very able to sell International politics.have filled the headlines this Punch Unit, and a High-speed fact that the fluid never becomes decentralisation
Farmers have less than his cotton in the open market zolid, even at the lowest temproducers in the past six years; approximating a maxinfum Frinter.
to the one or two per cent per year. crop.
this well above his guaranteed loan; also, in "due
weeks to make The results of the electronic peratures, remaining viscous at part,
of several smallHe said inflation was dangerous three minus climination
as March 10 is the of 20.45 cents, since his major come from from the at the level where it begins to decision
competition should computations are turned out by temperatures ng low
auto producers
tced on itself.”
deadline for decision.
the government's re-offering of hard hit by At the same time, it can be industry.
Retallers, also
two options "A" purchased. cotton at about The improved production in
Producers have timel unfavourable January, weather,
"A" or 81.30 cents a proud. brought up to operating tom-
choose from-the of 1,300 numbers, letters, and peratures, it is claimed, very the auto industry at
cally without any hazarda being when something like panle has were expecting generally good to
the printer at a speed of 600
65 degrees Fahrenheit.
lines of text per minute, which
is equal to a per second output
caused.
symbols, assuming that cach line has 130 characters.
The duld is produced by Developed by.. Remington Rand Univae, this new electronic Sperry Gyroscope, 30 Rockefell computing system is regarded as er Plaza, Now York 20, USA.
leider in its class of medium-
sizod computers combining low Automatic Welder
operational costs with maximum quiclenty and a working spect
conventional processing systems.
tour lines faster than that of For UK Shipyard
THE fret of a new type of welding equipment is now
Rock Drilling Advance in operation in a British chip- ONE of the latest develop The equipment, which is der
manta in rock drillug con
yard.
celbed as a self-propelled twin-
a
Weekly U.S. Cotton Goods Market
17
past week and investors, have been hesitant and gone to ground with the result that busi- ness on the London stock exchange has been very quiet,
The early optimism: about all the leaders have appreciated. Prime Minister Macmillan's visit Hoovers' proût this past - year to. Moscow faded by mid-week was- £6,800,000, compared with and the Increasing labour un the previous year's £8,700,000 rest. In Africa had depressing which, confirma. the optimists in effect on glits and miring shàrox. hire purchase issues, t The further sharp rise of 3/16 Motor shares have held, up censed and sisal held mostly per cent in the Treasury bill well led by the outstanding per-1. price unchanged. A sharp rise in rato to over £9 68 unsettled formance this past week of
con-
and to a lesser degree into the Taxation of production
trola, while lower possibilities were envisioned fourth quarter.
A conviction that the higher under the reduced government hemp was coupled with skims get when the market
bfferings from the Philippines clored for the week, T and reports that a sprending
ACTIVITY production 'splaners | blant is menacing prices, named in the wake of price supports. the recent wage increase
...
Jaguar. Elsewhere in the mar
New York, Mor, 1.
ket there have beca ́ ́ bright Buyers of cotton grey goods paid higher prices for a variety
spots supported by good invoat-. ment, demand. of constructions this part week
20 Cotton malt yarn when they found it incrossing
Mining markels have been ty dimcult to locale spot and
Activity in the foreign bond on the islands. Buring prices i mill workers, are here to reported a strong situation on hearby gboda.
slay caused previously
carded and embed counts, with followed the lower trend at market again centred on Greek quiet. Golds lost much of their which were nighty, caster en shine, coppers fluctuated mild- Premium prices were paid fuctant buyers to modify their heavy shipments being made Calcutta,
to knitters of hostery and
balance. For the first time fer ly, Do Boers suffered from end- as did for quick deliveries on the kty hand-to-mouth, opérations,
Wool, goods clothing manu- many weeks German bouds be account profit-fading
platinum shares. Ölls has been sists of a "pneumatic cylinder fillet welding machine, consists go-aquáru four-gard 'print But some buyers thought underwest.
dock of carded counts in facturers counted on a sub-came heallant with prices in glected and prices have tend- and piston which allises com of a carriago on which are While simultaneous mark-upa present high prices for gray
-bande on stantial rise in sales duting fractionally in places. mounted two automalle old- were taking place on broed goods would not hit the retail manufacturers
were skeptical
from Me@AZookHind continental ing hende.
cloths Introw: shooting and dads to any extent for about February amounted to 1.03 March, but These wetting hoods cnoblo
me industrial fabrics,
wn to three months. By at work production against 2.12 about post-Easter trade in Banks have been in the news to drift down. Beilling both favourable this past week which has kept pointa which was noticeable) twin-fillet welds to be
tightening
timo, they resound, the higher wooks; a month previously and April, unless cloth counted might be birt 2.95 weeks production year weather new styles and most of them Armage: Hire pure ently in the week ended, to dry
economic gains spark a broader shave fauce have shown good up on the last two dayscand supply ritation on juoda, chuired, soma prierlotay
Taste counted onak tarberid Apron Torturach krwith turnover than at present strength on anticipation of fur Friday 3 close the und Ha
thur, expansion, in business and warmer AU PE crop this year, DHONIG AZ A 20 in heinp, while burlap peksta UPI.
pressed air preemure to support the weight of the drill as well
made
ne to provide the necessary tum forward load. It ja adaptable to iy all kinds of drilling requires aimultaneously. Wolding proda mehlajaho Ile use his remulled of 20 Inches per minute can be ing: considerable moving in time obtained. The equipment la mada MERC: Inborne Holosh Brus Lod, by Cusal-Are, «Öktesbaść, zna.
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