THE HONGKONG TELEGRAPH, THURSDAY, MARCH
FOR THE BUSINESSMAN
Tin Conference
Expected To End Without Agreement
Washington, Mar. 28.
*
Grain Prices
In Chicago
Chicago, Mar. 28. Prices of grain futures closed here today as follows:-.
Spot May
Official sources stated today that the Washington tin talks were expected to break up corn tonight without producing any agreement for the international control of the pric, and allocation of this strategically important metal.
They said that unless a, Government about the supply agreement way of their tin to the United States.
last-minute
The
Rubber
reached at meetings being held Reuter. throughout the day the repre- sentatives of the producer and ⠀⠀ consumer nations Volved the United States, Britain, Bel- gium, the Netherlands and In- donesia-would be only able to: report to their Governments a summary of the position which they have each separately taken.
Markets
New York, Mar. 28.
Rubber futures closed here It had been hoped when the today unchanged to 200 points conference opened on March 14 lower, with no, sales reported. that a preliminary greement March contract was not quoted might be reached
looking since all contracts had been towards a scheme for the in- liquidated. ternational allocation of tin Prices alosed today as follows: between the nations of the free Spot world.
Officials said that the major stumbling block had been the refusal of the United States, the chief consuming nation, to world price agree to a basic
for tim proposed by the pro- ducer-nations.
May
July
70.00 nominal 63.00
United Press. SINGAPORE MARKET
Singapore, Mar. 28. Prices of rubber futures closed Number 1 rubber, per lb. here today as follows:
The producer. nations were themselves agreed on a price May
21036-2111
21414-215 20612-20722 203-204 190-191 181-182
216-217 15314-155
-United Press.
Mar. April
which they regarded as reason-Number 3 rubber. March Number 2 rubber, March ble but the United States re-Number 4 rubber, March garded this as too high.
Spot rubber, unbaled There had been hope at one Black crepe time in the course of the talks N1 pale crepe that an interim agreement lasting
LONDON MARKET for one year only might have
London, Mar. 28. been reached but the differences
of rubber futures between producer, and consumer closed here today as follows:-- nations proved too great even Number 1 rubber, for this to be possible.
in cents per lb. May July
It was not expected that the tin talks would be resumed in
Prices
July/September
the near future. The next step October/December would be for the governments of the producer nations to make direct representations at a high level
United to the
Australian
States
Wheat Sales
Canberra, Mar. 28.
NY
0234-63 624-34
5714-34 534-34
United Press.
Cotton Market
Wheat price per bushel
Spot
2.45
May
2.45%-
July
24334-54
September December
2.447% -34
2.4812-32
July
September
1.77%-5% 1.79% - $ 1.77% -1.77
December
1.60%
Ilye
May
1.09% -1.90
Oats
July
1.8634
May
934 - 2%
July
862-4
New York flour-per 200 lb. sack. $13.20.-United Press.
29, 1951.
-ÉDITORS PRESS SERVICE, INC.
"Tell them you won't be home because you pro- mised to take me to the movies me.
and then take
THE BIGGEST BIT OF
661
BRITAIN
tain; and it is from this island that Australia "would prefer to fill her empty spaces still. Their feeling for us-for "home"- Was even warmer, I thought, than before. How they longed for us to win that second match at Melbourne! The gloom in the
VERE glad to see I have never had the honour you," said an Austra to meet the Archbishop of Can- lian lady. "You may not be terbury; but in many parts of
the_continent I followed humbly Committee room when an Eng- much good-but you're a in his wake; and from the tales Lish wicket fell! And how the bit of England." Here is one I heard I feel that I know him barrackers stood up and cheer- brief answer to the petulant intimately.
Godfrey Everywhere he left ed brave. Brown and critics who ask
a tremendous impression, a wake Evans! what
like a battleship's, of character good it does to send odd folk and common sense. As he came like me to "lecture" and speak to some dinner, I was told, at a (without fee) all over a friendly famous club,
many journalists British continent. Australia is were waiting for him; but those
FOOLISH PEOPLE
CHRISTMAS in summer-time. makes possible some moving
à long way away and she loves in charge said: "The Archbishop open-air affairs like "Carols by to see wandering bits of Eng-is tired out. He has had a long Candlelight" in Hobart-thou- land, whether they are bowlers, journey. Send them away." But sands of men and women sing- archbishops, ballet-dancers or the Archbishop said: "No, no, I ing the old carols, candle in buffoons.
hand, Admiral Binney, the Gov- ernor, and his lady, leading. stirring was New Year's Eve in the park at Mel bourne. For two hours they
even By A. P. Herbert Sill more
Then, for all the love and loyalty between us,
know enough of each other. I met one young gentleman who
COMMON HERITAGE
was
*1#
thought that Oxford University will see them," and marched into sang the old hymns and songs of 604-613 was still a nest of the idle rich the room where twenty-six. re-these islands and here too was porters (this is the story, any another fine English Governor, and that "nothing useful taught there." Others are amazed how) awaited him. To each he Sir Dallas Brooks..
"Waltzing Matilda". was low to hear that the House of Lords said, as he shook hands, "And is an unpaid body of fine what is your religion, Mr Smith down on the list, and, with a speakers and efficient legislators.Brown Jones-etc.?" Only charming gesture, they gave that to a "New Australian" from one man had the courage to say
"w's" "None, Sir." And to him he said: Lithuania, who had no "Oh, well, don't worry. We'll fit and could not say "waltzing" THE Australians read our you up with something." A fairy- They sang "There'll always be
au England." They sang "God" books, and use up to a tale, I dare say; but friendly.
Save the King." And then, clear point - our Parliamentary cus-
and confident, out of the dark toms. Their university
trees, came His Majesty's voice, ty 12,000 miles away, sending Au-. stralia a Jubilee message, and nowhere can he have been more reverently heard.
New York, Mar. 28. Prices of cotton futures closed here today as follows:- Spot
46.00 nominal
May
July
India has been one of the October
December
July
principal buyers of Australian March (1953) wheat, the Chairman of the May Australian Wheat Board, Mr John S. Teesdale, announced today.
45:39 bid 45.01
40.44-40:46 40.37 39.87
-United Press.
The other chief purchasers New York Sugar
Futures
have been Britain, Scandinavia, Italy, Egypt and Japan.
170
The previously season's crop was announced at
million bushels with a carryover of 44 million. To date Australia had sold 113 million bushels each or rather more than half that total, Mr Teesdale said.
men,
THE GREAT MAN
their churchmen, doctors, and lawyers delight in every contact THE King, or Archbishop, or statesman, can put a powerful with opposite numbers" from this far place. The living theatre charge into the wires of friend- is weak, and the American ship in all the capitals. But "musical" prevails, as it does in they cannot go into the small Yet foolish people say to me London; but the struggling re- towns, societies, and local occas not Australia trending to- 39.60 nominal pertories do British plays, and sions to which the British Coun-wards America?" Australia is an Olivier, a Sullivan, a Fonteyn, cil, sagaciously, I think, sends the biggest bit of Britain in the can command the continent. A humble messengers like me. The world. Churchill would set it on fire.great men, mostly in a hurry, There are a million indestructible do not see such commendable threads of common heritage and country towns as Renmark and love and learning between us; Mildura, green oases of flowers but it is as well to keep them and fruit-trees snatched from the glowing with the electric charge desert by irrigation Ballarat that flows from personal con- and Bendigo, Toowoomba and tact.
Armidale. They fly from Adelaide to Perth and miss the three-days train journey across the waterless Nullarbor Plain, not to mention blazing Kalgoorlie and the Golden Mile. This is a hot, dusty, but worthy, experi-
New York, Mar. 28. World sugar futures closed here today 2 points lower, with sales totalling 120 contracts,
. Contract No. G closed un- changed to 1 lower, with sales totalling 61 contracts.
Prices closed as follows:**
Contract No. 4 (world)
May
A total of 82 million bushels will be exported as wheat and 31 milion bushels as flour.
In spite
of July of the shortage shipping space and the rising September
Spot freights, arrangements have already been made to ship half | May the sold quantity, Mr Teesdale | July disclosed.
:
He added that wheat prices! remained steady at 16/1d, under, the International Wheat Agree- ment and at 18/- for re-sale on the free market-Reuter,
LONDON TIN
MARKET
London, Mar. 28. The tin market moved both ways at the morning session. Prices closed at the end of the official
Torning session follows:
Spot tin, buyeÉIS
Spot, tin, sellers
Business done at
5.47 bid 5.47 bla
5.47 bid
5,50
Contract No. 6
5.39 bid
September Spat
5.35.
United Press.
Newsprint For Argentine
Buenus Aires, Mar. 28. The Central Bank announced that it will consider granting import licences for newsprint and other goods from Finland under a trade treaty between the two countries.
Other products included elec tric and radio materials, tools, several types of iron and steel as industrial and farm machinery, railway material, surgical in- struments, efic.
1,035 1,240 1,345-1,230
Three moesthe tin, buyers 1,140 Three-moriam tin, aelters 1,145 Business done at Settlement
1.140-1.145
1,200 -United Press.
The Central Bank action fol lowed a similar move in grant- ing licences for Swedish news- print and other produce about one week ago.-United Press.
“ Could you give me something to induce insomnia; doctoring I'm a late-sitting M.P.7)
ence.
It
They made me motor from Sydney to Brisbane (680 miles) and back. I hate motoring, if it is only fifty miles on a good road. These roads were very finely engineered, but had suffer- ed cruelly from rain and heavy traffle. I hit the roof of the car many times, reached Brisbane with a bump on my head. was raining, and there was a tram strike; but 3,000 citizens came to hear me "lecture" on the British serise of humour. We all needed it. But what a wonder that there should be any roads over those high hills and beautiful, enormous valleys, hardly inhabited except by: sheep.
Since I was there in 1925 the population has increased by a million. It is still tragically small "New Australians" from Europe are crowding in; they are very considerately handled and all I met seemed happy. So did” every recent arrival from Bri-
STANDARD BRIDGE
By M. Harrison-Gray Dealer: North. Love all,
J
6
+ 8
10 9 7 64 2
J 3
SJ.10 5 2
0 0 7 6 4 2
• KJ 96 9.64 North bids Two Clubs and South has values for a posi- Live response. He bids Two Hearts his longest suit, and North shows the character of his hand with Two No Trumps. South tries Three Diamonds and North bids Six Diamonds, for he knows that South must hold at least A and K. or å and
West's best lead is a trump to South's 9 3 follows, and when East falls 2 is led to dummy's ❤K. West playing low. South enters. his hand with A, crosses to dummy with #Q and cashes 4K and 4 Q;, on which be discards his two Clubs. 3 is now ruffed by South who leads his last trump. West'a - Diamonds are draws and one Heart trick only le conceded.
London Bepress, Service.
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