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FTDA-1966-0913.xml.json
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FTDA-1966-0913.xml.json
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[{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_001",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Hirst of Harrogate",
"text_content" : "\r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Man Knifes Attache in S. Africa's London HQ",
"text_content" : "fr. J . adm . Poel. (5t, firipo we , stabbe '0by a M-ae uth Africa Hobe N Th u ran out into Trafalgar 8o .l ,4ad got away. .1e '4tled in a form for the ..ipajipor lection and went there with an ,''mlial. He did not ask for ya der pool. I Takeiito hospital, van der Podol ws ,oue of danger last night4 LoMdio,. piUe sought a man: S'Aged 256,- 5 ft. 8.9 in., heavily. built, dark hair, olive complexion, small goaiee beard, broad face; he was wearing a dark jacket and yellow., pulover. Attacked Pc dies PC liai Armstrong (31), father of two;children (6 and 2). died after beig stabbed. He had been ques- tioneg, youths at Gateshead. SA boy (14) last night was charged with the Pc's murder; he and iinother boy (14) were jointly charged with larceny. Shotgun aim I plan to end unrestricted purchases of 'shotguns, Mr. Jenkins told a Labour Party audience at Houns- low. He added: Offences involving frearms doubled in 1961-65; those involving shotguns trebled. Coamitm# prceedia before magistrates are to be streamlined and Press reportipg curbed in the Criminal Justice Bill, said Jenkins, flab Page 6 Odd on Vorster . OpinioO, sardned i yesterday that Mr. Vorteri would be the Nationatl Party's chliie to-ria to spcceed Dr.' Verwoerd. (See Pige 7.) Gemini job done ln onsi orbit Astronatst Pete Contad and Richard -odn took their.*.Gesa i fom CaCh t and u ie n Aftner c kni|lratlce Geminii I4 ad the Agena taget were tied, for the night, Priest goes EaSt- L iwari4o (34). former , Caltolicp+riand UJSl,.eitlzen has bedni gli I, politicil asylum in Rusda--a tr denouncing U.S. agmftlon in Vietnam, said MOscoW. InoChicao, it was stated: He left his parish after being told he needed pstchic treatment. 4; Asetward Ho 'A young EaBt' Orman. border guard put his wife and child and two, men into an armoured troop carrier, drove to the border, cut the double barbed wire and led the party into West OGermany, near a watchtower, unobserved. It happened on Sunday at 'Uelep--n hour or .wo .lfor lve 2420 10eius r ahtdlihrough into W Jtrli pin a ti or, Iudgmert for two Tis CIatily (7) nod hlr brother Paul '(4) .tt the iner, Edlnbdrgh a pt Duban and wer *turned l IoU-htr -Imligrlnt moa\"r, Mrs, Srais Casly.--ospt .-a London High Cour order thait they should t ay oard and be returned to their ftharn England. u ?h ewa=on-A 4outh Afimcn )udagor;d. ,d! Taka thIm oft the h It tair mdter have them, Pooft- and plaoes t . :a oo w tr oVar yt- attl i an iporto,. ul ldumJb, Wair$F AA. Aind rador iili CraiW. d llj , odawn, wais n t In R uknlk ~.ImtltE, .Aan Pro- oil a0 1 to Chid t \"an a n A\" n i vlnAil\" n ra pll all ople dara [ dad had 11 d lud.n..aiof borfar raids.] A, lI\"hm polle dlvlilon Is to try 101.4 lyotol com0nlhf a Pan",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_002"
}
,{
"article_dc_title" : "World Weather",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Oit i1 du e * *y i ' ' ' 'ii.; I~^^cJ^W'LIl(.~",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0001_003"
}
,{
"article_dc_title" : "The Financial Times",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "INC IP.OrATI NO CI AL NsWS 3 1966 ( ·r·~ ·· :J .~·.~.· -.··r~!.ni\"·'nr' ~I~:::~ ·;.i~-·:·.~:i~. ··c· Irbl .' \"C-7. .1. .., ·~ ·...1? i ::·.·s ~.-Lxa,:~~ ·:i r · n . . _ 7* Xtf** 4-)'m .1~",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0001_004"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Wilson Pledges on Rhodesia",
"text_content" : ";to om tGo&veror o r ww, (i, aM\"r. ', W iVOW s ab r olmtood to have giveh the CsE =. wealt . Muab s three aiat as urames ln a major speech to their coaference yesterday moraing. Th- Sacu folows: 1-Any settlement in Rhodesia would have to b acceptable to the Commonwealth, as well as to the Britist Parliament and to the people of Rhodesia as a whole. 2-A broadly-based Government, including possibl Mr. Ian Smith, but also representative of the Africans anc the liberal Europeans would have to be installed befor- independence could be granted. 3-The Governor, Sir Humphrey Gibbs, would pla, a vital role in any transitioial period, because th: Rhodesian armed forces and police would be responsibl: -. I-t - - -A - -, .. .. . LAJ - . to him and not to Mr. Smith. Sir Morrice James, Deputy Under-Secretary at the Com- monwealth Affairs Office, eft London yesterday evening for Salisbury to inform Sir Hum- phrey Gibbs of Mr. Wilson's speech, and the Africans' re- actions to it. He is expected to arrive in .Salisbury, via Nairobi and Lusala, this evening. Such is the importance of these developments that Mr. Simon Kapwepw~ , the Zambian Foreign MMinister, s pla4isng to leave the conference to\" f1 back to Lusaka todav and repOrt to ,President Kaunda. .This is not a Zambian walk-out, because Mr. Arthur Wina, the Finance Minister, is staying in London to head the de*M tlon Tie African Prime, Miniter, details in a special afer net session restricted to one inister and one official for each delega- tion. No Fundamental Change by U.K. Although it was being put about in Whitehall yesterday that Mr. Wilson's speech does not repreteat any fundamental change in British policy-certainly not such as to ustify the recall of Parliament- the African delegationb evidently felt that, without concedlnl their demand for NIBMAR (no indepen- dence before majority African rule), he had said enough to open up the posibility of a compromise. Mr. Wilson's diiculty is that if he has allowed all that e sid in yesterday's hihly secret proceed. Ing-little oicial guidance was available on the contents of his speech-to be written into the final communiqud he may prejudic the chances or a reement in the talks with Mr, Smi th Delegations aommented that there was something his seech for verybody-for the Africans, for Mr. dward Heth, and-for Mr. Ian Smith. The kvey point is that Mr, Wilnsi is privately lntqrpretng his fnfth principle-that the British Govern. ment must be satisfied that any agreement rechd is aooeptable to the people of Rhodsila as a whole -to mean that th Commonwealt too must be satafll, and th Vlh ttlement must be ioweptabio to te Rho lan whites a well to the, Aones. h. y Mr Wilson's remarks would Sappear to imply that another Com. t monwealth conference would have. r to be called to approve any settle- ment reached in the talks between Britain and Mr. Smith. This inci- )S .Imklll. · . . .1-:.J. ;",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_005"
}
,{
"article_dc_subject" : "article",
"text_content" : "I . y ,OwlAbour Corpomndmnt |. . A#111U .... JI .- \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t POPV It Is poyrd, Eriuha Oyfva, Plot , '. -X! ,M k . . M with MIjItryI ofilals. So It look a If the 9itMi Oxy- *»r6m3nt will O O ntu or , DMi MIlty 90: 4w. I| *-u * *m I",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Clyde Pact to Be DeferredâGunter Overruled",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0001_006",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0001_007",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : ",si* a In ASp dL 1 86 +..SHIPPING tSHIPSUILDING BUILDING f CONTRACTING RETAI tr AiDE AG*iCULTURE PERSONALt PROFESSIONAL OTHER FINANCIAL FOOD, DRINK ~TOBACCO . HIRE PURCHASE .The upward tr ud I advances by mum- hers of the BriMtlb Banker' Auodadton, whkic iook lendingto a record level in May, w-s reversed in th tthree nmoanth to maidAusut, when there was a redctio of £91.8m. to 5,657.7m. Over the past year, however, there was st an increase of £153.3m. to £,657.7m., the -&aineering Industry lone accounting so. *1145m. of the rise, and chemicals for £46.4. The main sectors n whkch advances wer mitt11·· 1 1 1·11· m1- 3n ·â¢mâ¢m mmmâ¢â¢â¢mn si reduced over the 12 months were personal and h professonal loans (in line with official policy), Sand hire purchase. Engineering was a feature t of the May-August quarter, with loans rising £42.6m. to a record £801&7m., at which they o accounted -for 14.3 per cent. of all advances. Chemicals showed a rise of £193m. to a peak is £144.Sm.-but food, drink and tobacco tell ie back £363m. to £282.3m. ir Retail trade borrowed 42.9m. less, at a. £545.1m., largely for seasonal reasons. SBank Advances table Page 20",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Engineering Loans up Sharply"
}
,{
"_id" : "FTDA_1966_0913_0001_008",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "By Our Woman's Editor Electrol lat might abandoned resale price maintenance on vacuum cleaners and loor poluhneis with eect ifronm Usi mornmg. The company considers that \"with the large number of cleaners and polishers being offered to the public without fixed prices an application for retention of resale price maintenance may Electrolx, of Swedish oonmpany parentage and ope of Britain's largest domestic. ppliance: manu- facturers., will ctinue toai Elctrl. 1d M11 ..t. ufac. uer Association, covet *a wide range of domestic applince Electrolux's announcement may prove to be the. first of a similar series, since it now looks ,as if a number of companies included in the original applIcaton may shortly decide to abandon resale price maintenanci anyway. BEAMA Absentees Indeed, some of the 70odd meobors stayed away from * BEAMA meosting ydterday because it was kdown that abolition of fixed prices would be under review, and that the majority would vote in favour of wide. spread abolition over the next four to six weeks. Among members of BBAMA are the General Electric Company, Bhglish Electric Berry's Electric, the Simplx division of- Tube investments, the British Domestic Appliance ooompanies Dimplex, Thor and many other leading concerns. The reference in Electrolux's statement to vacuum cleaners an- poliebers selllng at \"unfixaed prices is to Hoov. tbrads. Hoover, wbich ha -netan ?4th pcent. iteaer Okata :JRenance a Jtswdueta atS J lrJune. T19. \" Electrolux claims between 27 and 28 nerpent. of the market, approxi- mately 2 per cent. lower-than at this time last year. Three Electrolux vacuum pleaners, a floor polisher, and a l6or polisher attachment, formerly priced at from £35 down to £8 10; are affected by the new measures. Dealers were informed last night \"too late to decide whai we shall do about them\" in most cases.. The South Suburban Co-opera. tive Society, however, which cover 18 shop's i south London, Kent and Surrey. said it would make immediate cuts of up to 16 per cent. This means that the Model 90 vacuum cleaner, costing £35 8\" yesterday, will sell at £29 14 7d. The Royal Arsenal Co.operativ- Society will reduce the polisher price by 10 per cent., and will give double dividend on all Electrol.- products. The Hotpoint division of British Domestic Appliances (the EMI and ABI-Hotpoint merger company) which has about 6 to 7 per cent. of the vacuum cleaner market intends to maintain prices,",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Electrolux Ends RPM on Some Products"
}
,{
"article_dc_subject" : "article",
"text_content" : "I u O a I be pub lhed itAt to-day, as expectedAtill to show the \"effecti of the smen's strike.; However, there is likely to be an improvement over July, when the excess of imports over exports was running at £50m. In particular, ,exports are edx ted to be hilher than July'& = m, Export valus are based Om a peridd which starts some seve or eight, 'dys before the be ing of he th So the July figures stin overlapped with the seamen's strike, whicir did not finish until July 1. On the import side the unusually high July level is beleved to have reflected an influx of goods held up by the strike.",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "August Trade Figures May Be Better",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0001_009",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "\"Signs of Easing in the Economy\"",
"text_content" : "'1Be Bank of England sues \"ligns of a slight easing in the domestic economy,\" according to Its Quarterly Bulletin for Septem ber, published to-day, See Pae 13 ( NMI im,,--",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_010"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_011",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Prospectus",
"paper_dc_date" : "1966-09-13",
"text_content" : "PROSPOCTuS PIetWboi R MotMo .... Pi I**US OMMINT P,14",
"article_dc_subject" : "article"
}
,{
"_id" : "FTDA_1966_0913_0001_012",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "' eptemb I 1, Prvlaou New YTmikpat) 3 i, 1 o li S. . 7,1V I , 07 MP o lum osh*( 1 . di I, 07 di.W l",
"article_dc_title" : "The £ Abroad",
"paper_dcterms_spatial" : "National Daily"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_013",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Chief Price Changes Yesterday",
"text_content" : "It' @6 ,, : (1 Ilr B':':i~~( I: 00S 0(,0 1.I` ::: T Bc f l:::: g '\"\" l \"Oil Wh M l *, i ' i (rh 1(I 99 ** U.K. DAILY ITOCK INDICI FINANCIAL TIMI t Inu trlil Ord, (noa ) .0, F.T..ACTUAl WIl l M i i- t j tww '»»> mi.t | . . .. . I II m I",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_014",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Features Today",
"text_content" : ", --*,*,, il .1' -. .1 ,,, l 1 * r.JI in l 9l, e. - - ee AY Ii:lt olJ . ( or$ to soft $e@ Ipr,',':;::;: ,ccr, RIN MitISU i w ni m yo ii * **** :, * *. * * * * SIrall Hilt...,, |I \"- T· - '- l * lug i",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "U. S. Treasury Bill Rates Peak: Wall St. Jumps",
"paper_dc_date" : "1966-09-13",
"text_content" : "Fro0h Our U.S. Staff l1/A ulkj'l &l - a .. 0 - WASHINOTON. Sept. 12. U.S. Trisury bill rates rooketed up to-day and established all-time high rates which were esily In excess of any previous records. For 91-day blls, the rate was 5.447 per ant,, compared with last week's figure of 5.155 per cent. For 182*day bills, the rate was 5.926 per cent., against last week's flgure of 5.657 per cent. Some incroa in bill rates had boon xpected beoause of the announcemeot on Saturday by the Secretary of the Treasury, Mr. Henry Fowler. that thl Troaury would suisnd 'afes o \" Federal qgln '\" saue as part of the AdmInlitrtlon's anti-Inflation moves. Mr, wle agreed thatin comnsoienc the Tresury will have to rfll a onit. d l or money in the sbortterm b tmarket. * However, uncertainty over the exact amount the Treasury will have to raise on top of the S4,000m, already planned (estl mates range btween $2.00tm- S4,000m.) led to hesitancy among Investors and Treasury ofliali commented this evening that rates might remain at these nordinately high levels until the picture was clearer. Wall Street rallied strongly to day In the wake of. reaident Johnson's now anti-Inflationary programme, and share prices regls tered some of their largest gains In more than a year, With trading bris on the New York Stock s cange, prcesa con. tinued riling as the dayprogresse, and at tbe close the Dow Jones Industrlal Averae was up l,04 points at 790,5r.",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_015"
}
,{
"_id" : "FTDA_1966_0913_0001_016",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"paper_dc_date" : "1966-09-13",
"text_content" : "By LEX I More of the ground lost last Thursday on the ICI interim was won back yesterday. by the leaders. The index ended the day 2.6 points to the good at 303.5, having been 3.1 points up at noon. Presumably the August trade figures, due to-day, led to the caution in the afternoon. Business is still at a painfully low level and yesterday's bar- gains were the lowest for any Monday since December 16, 1957. Winget Gloucester Winget Gloucester's gearing is quite something; at the end of March last £3.16m. of net assets was charged by £4.04m. of loans, debenture and net overdraft. The handicap this imposes on manoeuv- rability is formidable. The over- whelming consideration must be keeping ah eye on the £2.7m. over- draft-it has dropped to a lower level now-since the opportunities for funding are nearly non-existent at the moment. This is not the time to -sell assets to claw back cash. nor is it a time for a rights issue in view of the recent dividend cut. And for the moment, quite apart from the shortage of charge. able assets, the convertible loan stock will prevent any kind of addi- tional charge on assets until it finally goes into the limbo of non- conversion next November. Watching the pennies is plainly one reason for the dividend cut since banks do not take kindly to fnancing short-earned dividends and maintaining the 15 per cent. rate would have meant just that. One the face of it, however, even the reduced rate, 12% per cent.. not quite covered, is vulnerable. After all 40 per cent. of the '£14%m. turnover is accounted for by the construction equipment division where demand is tied to bousing to a large degree. How. ever the. prospects are not that black. Th:' ,re of'the business is f£1m. betwe va rous fttpg S.e sni i ~leh are largey b ng theft 'own. Moreover if there is gong - be a rationaliattion of :the gonstruction equipment indus- ty Wingt should take a leading rote. At 8s t.e yield is 8 per cent. but that is what. it should be- all the time the group's hands are tied by the shortage of cash. See also Page 15 Keamey & TreekWr Kearney and Trecker's bid of 20. a share for the 3.4 per cent. It does not hold of Kearney and Trecker-CVA is fair enough. It is the same price paid for the former managing director's 30.9 per cent holding in June and represents 19.2 times prospective earnings. However, the crux ,of the matter is that K & T Is starting a massive investment programme which could mean \"no dividend will be paid on the Ordinary shares . for some years ahead.\" Since the Sbulk of the unquoted Ordinary Sshares in public hands are held by Semployees and ex-employees, it is *obviously sound labour relations to. ve them a chance to bail out Thi is a much better example of SU.S. controlled companies' Sbehaviour towards their minority SU.K. shareholders than we have recently seen. First there was Crown Cork which just gave up dividends for three years despite a , clean balance-sheet without any gearing or overdraft. Thefs came North British Rubber which made a rights issue above the market price, forecast higher profits and then omitted the dividend seven months later. A bid from the parent, U.S. Rubber, some six weeks after that was hardly designed to endear it to the minority who accepted with dis- tinctly bad grace. See also Page 15 A. B. Engineering Selling Bergius-Kelvin to Ruston and Hornsby has shown up the weakness of what is left of Associated British Engineering. The previous year Kelvin con- tributed £130,000 before tax and Mackay a: £55,000 loss, so the rump, Parsons and British Polar Engines, made £55,000 before tax. In 1965-66, however without Kelvin and Mackay and excluding a special hon-recurring dividend of £19,000 the rump has produced only £18,000\"pre-tax. Not enough Sto pay the Preference let alone te t repeated 6 per cent dividend. For Sthis profits would have to rise to Saround £120,000 pre-tax. The trouble is it Is difficult to Ssee what hope ABE has of hitting this target True, repaying the Loan stock will save £18,000 in a full year. But the real villain Slooks to be demand for the group's r marine engines. and with competi- t tion sharp in the field ABE could Swell find life staying at least as hard as it already is. Nor did the group nmke the most of the 190000 Rustoi shares, received for Kelvin--thes wqre: sold' for Sis Seach 'inat a h1igh\" for Ruston 1.4 1ts . 8.1igl1iA Electric bid of 70s 3d. This leaves the 'share .price of 2s to yield 73 per cent resting firmly on the hopeful Sassumption that the rest of the group's subsidiaries can be found acceptable suitors. SSee alio Page 14 Berni Having zipped up from a little over 7s to 13s in 1963.64. the Berni Ordinary have since demonstrated their abilities in the other direction I' and the current price is 5s 10%d SDespite the tiny, 2.04 per cent., yield, the fall looks as though it has gone far enough. It is true that fast growth looks unlikely this year but then a 10% times p/e ratio is not looking for a lot Moreover the share price ignores the chance that the group will eventually Sdecide to buy other companies to use its management expertise, See also Page 14",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Equities Rally but Not Turnover"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0001_017",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Timken®",
"text_content" : "Dine on Timken Bearings Not the novelty It may serm, for you must have dined many a time In restaurant oars running at 70 m,p,h, on Tlmken bearlngs, If you have travelled on the new feat eleotrio servlces, the speed would be 100 mp.h. In contrrt, the restaurant floor of the G.P.O. Radio Tower vrayels at about 7 ft. a rhinute*, supported and guided by 72 oatora, supplied by Plexello Castors and WhelI Letd., and ill these castors run on Timken bearings. Irlitlh Tlmken, Dueton, Northmpton DMsion of The Timken Roller Ieoring Company. Tim-n'beainhs manufaetOted In Inglend, Austalia, rail.l Canadir Pen South Afrlois nd U.I.A. I VV * tft,a minute Iilven aiU about the speed of lr weolving floor, tpeq *leeaieo, raseksee ____",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article"
}
,{
"article_dc_subject" : "article",
"text_content" : "\r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Johnson & Phillips Limited",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0001_018",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_001",
"article_dc_title" : "Rubber Price at 12-year Low",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "By Our Coamuodith Staf RUBBER PRICS ae now at Stheir lowet levels for at let 12 years. Last night the spot price of RSS No. 1 grade abs&a tuoSw Md to clow at 17d apond, over %d lower than a month ago. The signing over the week-end of the trade pact between Indc nsia and Siniapore is expected to channel more rubber into world trade, and this was the immedia- reason for yesterday's fall in price On the other hand, marke sources are finding it very dificult to pinpoint precise reasons for the steady decline in values which has now been going on for several weeks. There is a current surplus of better grade rubber in Malaysia, where production has been run- m lng at high levels, but the under- yIg statistical position of the material certainly does not appear to wholly justify prem vs le. The Soviet bloc, for one., is ex- pected to take substantially more rubber this year than last, as is Commnst hina. It is su sed, however, that because a re pro- oron of this trade in th form f bilatral areements between the countries concerned and does not use normal market channels, it will take sometime for the hea Communist offtake to be refected n values. But, in the last analysis, the present trend in rubber prVc is being best Sexplained i terms of the reneral world economic malaise. Hih intert rates and the squeeze on credt in t many pati of the world is provo- in the runani down of stock and - changeover to xisting on a band- tciout basIl. With the level business \"ern for the moots -head, patIcularly in the U.K., manm facturers ae haRpier to boy rubbe only as they ee it. The US General Service' AdmW- trtion manouncd rently that sal- from its rbr xck weare to be as the temponrwary TUpended as t - quarterly total oP42500 tons had een n doing so they t London market suggestion that ie &. warming room capacity w insfient to cope with all the rubber set aside for disposal. STheabsence of the GSA as a source of supply has not had any marked firming influence on price. Purtbermore withthe GSA absent Sfrom the market for the time befin its disposls can no longer be used as the excuse for:waning prices. Imports rise ' SINGAPORE 'Septl 12. is IMPORTS of rubber into Singapore , and Malaya in August, 1966, totaled S9,263 long tons (actual 9.167 tons). of according to preliminary figures c issued by the Statistics Department a today. This compared with Julys 7,749 tons (actual 7399). t The August fiure included 1,206 tons imported on iso l permits t in July for which final documents Shave been received and excluded I about 1,110 tons imported during the : month for which final documents have n not yet been received.-Reuter."
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "How to Deal on the LME",
"text_content" : "By Our Commodie Editor TEE LONDON Metal Exchaune, nerve tcntre of the non-ferrou- metals world, would welcom= more support from Britain's metal dealers, said Mr. Malcolm Bracken- bury head of M. C. Brackenbury, metal brokers, in London yester day. His company, which is associated with the well-known metal brokers Rudolf Wolff, was Slaunching a book dealing with all aspects of the LM's work. Mr. Brackenbury said that the Exchange had been in operation for 84 years, but there were still many firms who could use its facilities with benefit, and who had little or no knowledge of its functions. The book, running to 109 pages, is probably the most comprehen- sive of its type. It explains futures trading, hedging operations, and includes records of price move- ments of copper, tin, lead and zinc from- the reopening of the market after the war until June this year. There are also statistics -of the world's production and consump tion and a summary of the New York metal market. The book, Dealing on th London Metal Exchange, is also aimed at companies or inditdo-als -, 'who may wish to use the market us for investment purposes. Copies me can be obtained from M. C. al Brackenbury and Co., Finwcll on- House, 26, Finsbury Square, E.C.2.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0002_002"
}
,{
"article_dc_title" : "Multiple Classified Advertising Items",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "SAVE £5 ( a week) That's your minimum saving when you choose MARTINS RENT-A-OAR against any other national car hire operator. Here are a few examples ; Seven-day unlimited hire Mbt 1100 VieJr sumawise Martdn Ra.w4car , Z1..15. I. J.. 21.15. 1.0. Other national car hire operatorn 23. 0,0 £25.0.0 27. 0.0 £40.0.0 Who are MARTINS RINT*AOAR P We have the biggess Bdritl owned elfdrive fleet We have 12 well-placed depot throughout England and Scotland, and by the end of 1966 will have ibm more We operate a credit-card system as well, and can supplement your business flt t any time in any area We don't charge you the \"firnt anything\" our rate include full aociden and damage insurance For Compnv reyuimnwwtsr trephwu , London Sullivan 2458 or write to 53, Victoia Street, London, S.W.I. London Depot I PADdiagton 7950 Liverpool i ROYal 5424 Manchester i ATley 5198 Glasgow : CINtral 5500 Also at . London Airpor Southamplon. : BlrMiugAma Hamroate: Ledrt: G1asgow Airporlt : Edibwrgh * Ayr THE LONDON THAT WAS Three hundred yers oe mush es the D 6n\"1,9t City Of odel wnt In weats Smuel Peptws deathe as a ' most herrd mtlalsin bleedy Gbae/a In the kSpember Issue, nw Histor Prew I din i Imtglto i the publ|ihal« i0mt t l MW 1i^ ^^ ^ ^AL \\Al L* .^ ''^ ::^ * .., by Mlr t MIWlm in ahl OP\" , IIIC· j,^A Y~~ii;J1Y^&l^&^IhYI~, ·- ··r·rnr L lr·· ·r~-r ,I II·) I i,. I:,, ,,,,,. d ,:i L 1",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_003"
}
,{
"article_dc_subject" : "article",
"text_content" : "Contrary to anticipations, the recent decline in refined copper stocks from the record high level of early August came to a halt last week. The total rose by 1,185 tons to 14,725 tons owing mainly to intakes at London, Rotterdam and Hamburg. London Metal Exchange official figure were: London; 3,175 tons, Bimiham 175, Glasgow 175, Hull 50, Lierpool 500, Rotterdam 5,150, Hamburg 4.800 and Antwerp 600. Of the other metals, zing stocks continued to fall, being 211 tons lower at 1,847 tons. Once again this re flected past influential support pur- chases. The movements in both lead. and tin were small. The former rose by 25 tons to 4,015 tons while the latter unexpectedly ained 53 tons to 804 tons. Individua depot figures for tin were: London 65 tons, Hull 150, SLivrpool 99, Rotterdam 400, Ham burg and Antwpr 10.",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Unexpected Rise in Copper Stocks",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0002_004",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0002_005",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "This First Biosatellite, Built for Nasa by the General Electric Company (U. S.), Will Test the Effect of Radition on Many Living Cells under Conditions of Prolonged Weightlessness",
"paper_dc_date" : "1966-09-13",
"text_content" : "\r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t lki, SWr bleomtllW, built for NAS· Company (U.S), will test 'tie lving cels under conditions of prolf e i:W thw . Among the tiny organisms are wliit i and capdcum. Already under elrtla,.dqr q brUelle nternational Research Orpasnltdo lnioalb < at po /ir of seed potatoes to radiation eiu P-; rop ' of potatoes in a year. Thou, thouglh .r~ icoeeed wil living things n pace, the expeelm in te losatnllt-e ay we n ave a lNts In agriculture. The ist blostete is due to io olat orb( for thlaee days t the end of this year. I",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Rich Mineral Field Found in N. Australia",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correspondent A RICH silver, lead and zinc field discovered in the Rum Jungle area of the Northern Territory may prove to be another Broken HiIL Assay results from one drill were 7.75 ounces of silver per ton, 7.6 per cent. .lead and 20.9 per cent zinc. The find was made by the Commonwealth Bureau of Mineral Resources and the Atomic Energy Commission seven miles east of the' Rum Jungle uranium treatment plant. As a result, an area of about 114 square miles in the vicinity has been reserved under Northern Territory mining ordinances. The official announcement telling of the discovery to-day said that geochemical and radiometric samp- ling had indicated zinc, lead, copper and some radioactive minerals in MELBOURNE, Sept 12. the area. The pattern of their diWs tribution was broadly similar to that which led to the oriina Rum Jungle uranium finds. Thre test holes were drilled, of which the first found minerals at 400 feet Nine feet of drill core assayed 7.6 per cent. zinc, 0.3 pr cent had and 1.4 ounces of silver per ton. The second hole, some 400 feet north of the first, had found similar minerals but the assay results were not yet known. The third hole, 1,200 feet south of the first, had found minerals at 500 feet, and the thickness of the ore body was 78 feet. This was the hole that assayed 7.75 ounces of silver, 7.76 per cent. lead and 20.9 per cent. zinc. Further drilling is in progress.",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0002_006"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_007",
"article_dc_title" : "Liverpool Fruit Brokers Walk out Again",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "MEMBERS of the Liverpool and District Fruit Buyers' Association walked out of the city's Fruit Ex. change for the third time yesterday, after learning that eforts to resolve their differences with the Liverpool Fruit Brokers'- Association over the 2d in the pound surcharge had failed. The Buyers' Association had pro. posed that the surcharge, which is to cover part of the new Selective Em. ployment ax, should be suspended for7 14 days while representatives of the buyers, the broker and the Live- pool Importers' Association discussed other possible ways of meeting the cost of the. tax. The brokers rejected this pug gestion, however, and the walk-out followed. Mr. Lambert Gray, presi- dent of the local buyers' aociatio, said he was contact the secretar of the National Fruit Federation to see if the matter could be put to a national ballot, which he felt should have. been done before the surwarge was announced.",
"paper_dc_date" : "1966-09-13"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_008",
"article_dc_title" : "Commodity Price Changes",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "\" \"**T u(.u18 Tr Monlth a (, tIo. 19. 0 ....., 19 sb an....a.400 +7 359A Imtbe. do, ..... 89l +lI j1 Obash O odes...... O..11 +6 1 3 muth do. ......6I0 ......... + 1l , imnblBr $o T... b.. 1811 ......... 14a Slivr.o........ y sII I d * 3..,......,. 53 n kd l .............. ......... elrolaam(b) _ _ . al ll(TBIIbo)e 8 ........ e I4 I Frvo e,,..,.,,t oy . .11 X:d ......... .181|0 I .............. 11114 ......... 4 isnO..... .. on 81,1B -1 .I sI I montn b............ I I +illd Ii 511d r lla n ............t . 1 ......... 40 .monutb . 8lnle 8 13 .81 . t ,.... ..... ton I Grouindous Llnl'd COda ton as .....+1s 866 a o . N o .. .. a . / , , . , ,, . . , , . ,i somo u .r , II,, I/ Bome Puture... 811l + 111fl NIoSyU'wAmton 484/710 -919 8U4I1610 -.A, Yellow rlln I n No' Ml t on I M /7 ..... .. vO.11 Cffo,, I sbi,.ioIowt 0 Z!, I,, itllll ' @ I I0/( .,..... , Ill O~mllollimn, Ek l l' , Iti, +A « fillI 1u0b Io... /+411 U . .... NI.. ,,,l a sm.:ý",
"paper_dc_date" : "1966-09-13"
}
,{
"paper_dc_date" : "1966-09-13",
"text_content" : "FINANCIAL TIMI PRUTIr'i U.K, i 1 I / I i i ·1 · I",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Commodity Indices",
"_id" : "FTDA_1966_0913_0002_009",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"article_dc_subject" : "article",
"text_content" : "BASE METALS COPPER-A late demosd from evera source, par of which was J.S.Inspired, ipun price oBnU London Metal xchan r ihe market had opeed hgher on he resh outbreak of labour unrest on the Copperbelt. But subusquent selli of Sinfluential nature and also the unexpected turn-about in LMB ware ouse stocks cau price to soften. the tightness o naby cathode :ame more pronounced, the price orving above its wirebar counterpart. turnover 4.875 tons. H.enr Oardner and Co, rportd thu the market opened firAy wil h wire. bars chantingi ands at tod 1A9 a*nd .ld.Nov. trad a t £9, Thr th 3189. £390 lo 4, tUhod. a3, U4, M Nov, 35,. hn.t monta 113 to (d5, Curr Lao. 'V, .ba n 3ll,9. ! ith OtfFmg3 to Ml, --401.54 II.., , Wintilei-i i lI oS l , ne t - ttlem'R1. 4 - .... . !lnot t 1Ins'. 6 ... S- .... cOMM wb tOlb. uson aHiss li lM v w I ,td INIOU Nod tll. TIN-lmqpees lhilaly _but. eed later to_ s1e In an undi.dd1 man, ner. 5nng or shoft oitrtata w of tie I MlJiOl. over t e . * \" '*i W .' * nv Offoid r ffu ~ Hrt Y COCOA fou Nvot with noel h-b to-u be t =wU OmI Io laul., Pamurn tndoo- '4to aup anr\" day. of No. oI o M it 1 hI 'r10 +6 10-12 SpD b.. 1lOr- +4 10 ( ak. M rom ..... 1900 +0 187 .-U 1 .I May ..... 19,14 +it -4 gBorbw. 1B»-1e +4 19tii« All No. ad Dmmbw... 1 1 900 h M e......... l00i ol, It H + iI l 1 (\\.91 a ol COFFONEE SOL W A(h no \" ar pW O I dor ( \"\" llfptombir,, | |Its - l COTTON OWN I6~ I r I I L i r 1 I i I Ir C L I I I i E II j t MARK LANK-Increased wheat ppl mot with a eady trade at steady rates ard m orl mader from 2 d to from 21 9d to 22 or current deliverie while feds ln wo offend from 21& 6d to 22o delivered. 120s 3d20o 9d, hard mlellnn fodling 20-20s 3d. i 19 9d-20% 3d, f(d oddly-Pine aptias 22s 9d-23s 9d. 18 9d-20s 3d. f 179 9d 3d. LONDON FUTURES EORls GuOWF s3? 4 7Ev,2 , I Jan. d ii: M ah May LIVERPOOL FUTURES . ueassi. RUBBER .LOWll1 at oaJ n with reen 8i V ,ea'd eti . e .f L lid r! lam W.I.- do d - fr .::::: : 1 i net. ...... - . i So at.. ......I SUGAR a IR i i i , I wkwir- -- t«fIg~.-n>^ii'r~ 1* I TluM r-in III III . I I I II I I ·l ' l l . . .. il . .. .. . .. · ... .. . .... .L~ Clowt Sept. 4s 6.Jan. 31 6d, M7 a 22i «d to mos vnrletlei *nt deliverie* 20 9It srd C 20-201h 3d. 1 3d, dJan. 9d.13i «d. ow-proowinii S3d . SMay. 923l s. TURES 29.. I d, . Nov, t24 1I, Moy as4 ITURES oww %low II . Oun ndia pot a, BOunwa l Imso p a ,ble oof 400 lbs WOOL FUTURES MKMNO--vld. Valu opI enersu -* O1 1M I dr wte tobeand 0t\" '6 0 U to , r lO Mil \" \" I , M bY t zl ar..I Dimt.padiVS ldp ool 5''ma ;'\"; 0' *'a^hIfj -. SMITHFIELD MEAT VEGETABLES AND FRUIT I - I II Ili ... . . ..",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Market Reports and Prices",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0002_010",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"article_dc_title" : "Pace-setters in the Vale",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "I·.· ~~cr~-·T\" T`~~~'c:-I~T~·:~ · · · I II ;k·9r:~1 ~·.. ·~ ~~ ·' ~ ~·~ i. ,.-. YZ :· is~l ··Cgrrrp·dr~ i '\".il i ri u·: *r. ·r I mm tt . ib o- d os- y by Levr IlO Vale of zve* sbam w centre o. tede. And eday s thein massive Vape'on of e able il, d Eveham stho ite ine inooon the railwayst system Vo e to t bioonump tu-n cestres of the M pro. ad holdings ther a .real ompetquitive mase. expaipon oft vegetabled Angua-svired largely by the pZro cesso- t. Vale rem wins e fruit cth hei The busis tared as a fairly Ltim mP m qbc ruby sbamg of papt onhe etime ofr anothe viruall g e *utgtry infrom The acmee in hand gadualy grwwith, money also, being made o merctoing. In 1926 them's firat refigerated old te railfor vesgtablem ioto the ony was put up and 4as usell,0d1ly to s'pead tin maketing the plums and asparagus beyond ite normal season. In those diffult inter-war years the pold store aid well, and so did another pnev n venture, this thie int clsivted blackberries. Beifre- th wna ever 70 acres of blackberries were being grown, mostly for canning. Ufortunately the crop became infected with a virus,t wicheduced yields to less than a half what they had pre- viously been. To-day virusfrees viously been. To-day virus-free Edward and Henry Crowther. stocks are available, but the sma now is the high cost of pickin, even if one can et togethr a su- cient gang of pickefr. Indeed, the cost and dificulties of getting hold of the large num- bers of casual workers growers have traditionally relied on is now largely determinmg the pattern of crops grown. The Crowthers to-day employ 25 men and 15 women full-tine, plus 100 to, 120 casuals. But for picking fresh peas and beans, for instance, they now rely heavily on schoolchildren dur- ing their summer holidays and the trouble is that not all crols ripen neatly within that eight-week break. The Crowthers' answer to the labour problem is the obvious one -mechanisation. The problem is made more difficult for many growers in the Vale because not only are the majority of holdings s mall, even the little land nmost Sgrowers have to work is badly frag* -mented into anything up to a dozen plots which may be miles apart s The Crowthers themselves now have a farm near Pershore as well r as their land on the outskirts of w Evesham, but they have at least I been able to simplify by cutting M out sprout gowing on the Cots 5 wolds 20 miles away. 3 Real progreis towards mechani- Ssation of harvesting is being made. W Many of the trials with the -* National Institute of Agricultural i Engineering's prototype vegetable a harvester-now to be manufac . tured under licence by Catchpole e Engineering-were. carried out on f the Crowther's land. The brothers' is conclusion is that it will work y splendidly with leeks, delivering ot the crop into a trailer which then s takes them to the central pack- hoqsit or wash nd paok=nn sending to market uay, the ain e wi tdo a go job with bA , ut io this instance t I i -not ssilciently h1igh ca mn - -a- -- ^ &lhve tmoe be deslga to e with the crop on the head- lands. It will also work well with sprouts bavest,,Ung the complete stems which *ll then be stripped in the packhousc. With palad onions, where the gross return can be as much as £800 per acre for a crop occupy- ing the land only three or four months, labour adds up to 80 per cent.or more of the £300 per acre Whih the crop costs to grow. Bti thais case mechanical har- ;wh i seems out of the question atthi stage, as the young onions need delicate handling if they are not to be damaged, which would mean .a .much reduced market returai . .The Cowthers are experiment- ing with a drill which will allow much moreprecise seeding. Not only does this mean less seed is i wasted-ad some vegetable seed is gdear-but it means both trans- planting and thinning can be avoided. There can be difficulties -as farmers who have tried drill- ing sugar beet to a stand have leartt-but the immense labour savings the new technique makes possible makes the Crowthers. confident that it must be the eventual answer. For the future they are both t much concerned with marketing , developments. The Vale of Eve- a sham has to some extent lost t giound to other areas because they Swere better able to meet the needs 1 of the bigger buyers. Evesham X has beea the home of traditional t co-operatives which serve mainly g the smaller growers, while the . bigger growers have mostly con* tinued to market on their own. i- But the time has now corne when ;. the chain stores are handling an e increasing proportion of the trade. l and they need to be served directly IV with large, regular and totally c- reliable supplies. This is something le neither the present co-operatives n nor individual growers can do by s' themselves. The Crowthers are t much involved in the efforts now ig being made to see what sort of :n an organisation should be set up t- to meet the new conditions.",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_011"
}
,{
"article_dc_title" : "Zambian Strike Slightly Worse",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "-RKIW, Sept. 12. TH STRIKE by rican miners on the Zamban opperlt worsened siotlye this afternoon, accordin ton company fimures. At the Mindol shat at Rhokana, only about 10 per cent. of the labour force reported for work. The stuaton at the Ndola copper refnery and the Mufulira mine remained the same with more than 4,000 men on strike, according to RST figures.--Rutr. i | il a mid i I -",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_012"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_013",
"article_dc_title" : "A £400 Wool Suit for the Shah?",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "THE SHAH OF PERSIA may become the first person in the world to wear a suit made from the most expensive wool ever sold-a bale of superfine Merino that set a world- record price of £A7 10s a pound (£6 sterling) at Goulburn (NSW) wool sales in December. 1964. The wool, blended with 25 per cent. cashmere, has been woven into pattesnless medium.blue cloth that will provide 18 suit lengths. They will be sold for £300 each to customers approved by the two part- ners in the project-B. H. Moxon and Sons. of Kirkburton. Yorkshire, and Scabal, a firm of international bunch merchants, with. headquarters in - Bum, who supply material to many of the world's bt'tailors. Tailorinl will bring the final-osto of a suit up to £400. Mr. Stanley Kinder, manin director of B; H. Moxon and Sons, said this week: \"We de-ided to sell rather than ghi the cloth away. because we wanted to show that the British wool textile industry could do justice t the best raw material.that could be grown, and selling at this orlce underlines its merit. -rc u el its.... ..."
}
,{
"article_dc_title" : "Anthrax Case in Derbyshire",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Ow Correspondent DERBY, Sept. 12. RESTRICTIONS on the movement of cattle were imposed on the Derby- shire-Staffordshire border today when a case of anthrax was reported A cow taken from a farm at Milton, Derbyshire, for slaughter at Tutbury, Staffs was found to be in- fected. There was a case of anthrax at Pentrich. Derbys, last month but the two are not thought to be con- nected.",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0002_014"
}
,{
"_id" : "FTDA_1966_0913_0002_015",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "a d I, I. V i. I K Pt 4 s r I U i I Hg E 4k * a I p I Ilr » r ih E in NeW YORK Sp. 12. Ceog-Bahia ot 40c (2). Ghana snot 237B a(2la. Se9.pt. 25 (M2.37c). DM. 223.27o Inm.), May c 22.8, May 23.2 July 23.6c, Sept 23.93c. Dn. r.30 s n u C.1SO. a . C 3;- antos No. 2/3 4034cIckld P ( ,MUto), S o, No. 4 401ac askod blt), Colombin Miam 4Slc lsked (same), Santos B SepS. 39.75c nom. (same), Dec. 30.44c B , (c). (9..), Jan 38.81 nom. $1.ZOe (S.O C traded), ll B. 1 0.27.50.101 traded, Ji. 49.27c traded, March 41,25. 41.30c. C4c.-4po\" 23.860 (_uiJ, Oct, 21.30. 21.931 (21,I-22,su05. Dei , 21,9042,3Se &. ., March 2216-22,00., May .5c July 22,JS.\" Oo. 21.90.22.25c, Dec., 22.07.22.2U. aT.9).l.d2) s: . r1.o M.'mSo, III). O 1, I9c noma (16.0o . IS.i £e,' Mr ' 1l30 sks4 l S llt , . .a:ed, Jul y 5.00 as ked me x a9. p aided . , I0.0 a Jim , .011,.215,o (17,4 1. .1 , NoM1,.25 (5-24.S), P.141I--e V ,1 IN, Ja, ll k bGd, M lh 1 ade I kSe1--P$11ad 1 2,2,e ) , May, 11,4 22., f' . ,M1= 1 ,4.0 4 110 \". mmc AP , ,W'M,, i'a \"\" I -M lfn . IMUlM U , iS, ' . . . . A 4L \" r \" i L l I '1J .rl:,~ ... C~kvJ~btib",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "U. S. Markets"
}
,{
"article_dc_title" : "Index Jumps 15.0 on Wall Street",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our~ WaD M ru~p?:~ ·r:I~·~·h'.M i·1·~·.· WB AD RECOVERIES to S3 followed and bargain bunt- t to-day, when the to growing hope S concrete would be done nWas ton to help reduce upward iressure on interest rates and loosen credit. The Dow Jones Industrial Aver- age rebounded 15.04 td 790.59- its li~st rise since June 30, 1965 7-9 ra day's high and low of 795.2-77s.61. The Railroad In- d recovered 3.93 to 198.39- bigest ri fn over two months- w. iethe Utilities Index rallied 1.63 VolUme dxpahded 1.5m. shares to 6.78m., and of the 1,417 issues. traded. 1,030 advanced while 202 declined. There were two new 1966 \"highs\" but also 49 new 1966 \"lows;\" despite the market's strength. Business news was largely en- couraging. This was highlighted y General Motors' optimism ove, 1967 car industry sales and som- Wall Street expectations that steel demand would remain good even if Congress approved President Johnson's proposals to discourage capital spending. Leadership was shared by Squality\" shares with so-called \"lamour\" issues. Motorola spurted $12 to $156%, Fairchild Camera advanced $10,31 to $174%, Polaroid improved $8% to 146%,. Xerox were up S7% to S186% and Texas Instru- ments rose $6% to $123%. .-. , EW YORK, Sept 12. S \" et t on $4 ito$177 and A MrHinesa were .ts.tuar Sy , 4urg. fP\"KLM' .te ,i,| . . »r tini. cotinhued to. r is4 to the bdlief- that an p« of the Iaventment x T Crdit +\"would not .afectJ earnh this yew,-d wotild h lqave little effeC fxCt year. ;Plt were lifted ss5, r$.I#.I . f Utilities had ai:. t'riPdnng to over $1--one qurt pected that suspension 'of -ft A rstment Tax . Credit would . ha ye only nmodet 3 impact on Utility. a-\"un. . Although Admiulszretop effons s were being dircsPted'..ards halt- . liU O Gol4d shares were I ,b bought. U-p oter Sl were 5 Homettake Mining at $50. 5 CO .the Amaterin S..,:Solitron s Devioe rose $7 to $O01 and Alloys Unrlated advanced $5 to S77%. , Higher in Canada' Canarodian Stock 1arkets inched SfractioUly iohet i further re- sponsiMe to tte overnment\" pro- Sgramme against the ufavourable \" efict of infaion. All sections, with the exception of Gold shares, participated in the rise. MacMillan Bloedel rose $S to S25Y-it has advanced certain commodity prices. International Nickel, however, fell S% to $81% as workers failed to heed their leaders' request to return to work.",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0003_001"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "\"Double-your-money\" Bond Issue in Canada",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correspondent A SERIES of Canada Savings Bonds known as the \"Centennial Series\" will carry a \" double-your money\" feature. They go on sale on October 3, Finance Minister Mr. Mitchell Sharp announced to-day. The bond buyer can double his original investment if he waits until maturity in 1979 to cash the bond and coupons. The issue alsc provise_ the highest average yield in the 21-year history of the pro gramme.. Mr. Sharp said the series reained all the traditional features of Canada Savings Bonds \"while offering to the investor the best term;,of any series to date.\" The Cestennial Series will intro duce a feature providing three com. pound interest certificates in addition to annual interest coupons over the 13-year life of the bonds. The certiicates come into efect in stages during the life of the bond If the nnual-_.oupons up to each stage are not cohes. \"e cumulative total ofcoupolmrad certficfates ISb to add 9L A*AWA, Sept. 12. S$50 in total interest to a $50 bond at maturity, and so on. The bonds are dated November 1, 1966, and provide an average yield r of 5.48 per cent. if held to maturity. Interest is payable annually and begins at 5 per cent. for each of s the first four years, 5f per cent. for s each of the next three years, 51 per e cent. in the eighth year and 6 per 1 :cent. for each of the .final five years. SMR. SHARP WARNS -o OF TAX RISES 1 . OTAWA, Sept. 12. s The Canadian lGovernment an- i nounced further plans to deal with the . country's growin inflation. SSpeaking in the Houe o Commons, ance Minister, Mr. Mitchell Sharp. warned of mpending tax increases . and indicated he plans to spell out Sthe details next month. He also i announced curtailed Government - spending suggested a limit of 4 pea Scent, or5 e cFt. on wage ncrease e anid askebusiaeas to a on i Sprddictlvty ains i Le foranof d price 'gdietions.1-. uterF.,",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0003_002"
}
,{
"article_dc_title" : "U. S. and Canadian Closing Prices",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "~anoru~ 41111 97k ~b. 8111 Od~ so~ ~i~lt t~o'n ao bl Pactna. 8111 8111 81 ct 8471 88sr 31rs 811 bX7i NO~bd~p I)111 bb11 84 Nub 74'1) 11C sclri ~14 W 1.0011 101Plli1( ·rrlt t~ tE ~H'I$4ii L, ::: :I1 114 atr:: 414 Ilj Ilrr (i Unlop 14r~ m 67l7 401P 78t 108 g8 1791i 100 95 170 B114 ot$7( 7SA 10854 *711, 188le 312. B054 18M 5.25% 4.33 1 - »1 1891 16g1g - -----r~ 4.. 1966 piBng. High I Low equiv. Stcak . 002. I Sept Fst.NtOylk. NY t40801 4801 Manuft'Hin. Tot 14034 t40 MorBauGuaonuty t7lt 078 *Prupl971O7.... t5B31 tl8sl Tri Con.n. .. 8O04 8O0i U.B. 81 da blli. 5.B5X 5.17% U.8. 21poc 9-70 9076 90T7",
"paper_dc_date" : "1966-09-13",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0003_003"
}
,{
"article_dc_title" : "Johnson Pledges $3,000m. Cut in Public Spending",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "Roll) of dIaluahm foil stacked and awaiting Snal cutting and packing for hosehold me at the S Reynolds Metals plant In Richmond, Virginia. From Our Own Correspondent WASHINGTON, Sept 12. THE JOHNSON Administration's formal defence .of the new pack age of mild deflationary measures opened to-day with a firm promise to cut public expenditure by S3,000m. An apparently rather sceptical Ways and Means Committee oi the House of Representatives heard evidence on the programme from Mr. Henry Fowler, Secretary of the Treasury, Mr. Johp Connor, Secretary of Commerce, and Mr. Charles Schultze, Director of the Budget Bureau. For the most part, the evidence was taken un with somewhat repetitious justifi- cations of the proposed suspension of the 7 per cent tax credit on new business investment in plant and equipment. The most informative part of the proceedings, however, was the evidence of Mr. Schultze, who made at least some attempt to prove that the Administration means business on the Govern ment expenditure side. He announced that Federal Agencies were being instructed to-day to cut back drastically on their use of paid overtime. Each Agency is required to take steps necessary to reduce overtime to the 1967 Budget level or to 25 per cent. below 1966, whichever is the lower. He was unable to say pre cisely how much would be saved, but officials indicated that it might be as much as several hundred million dqllars. Mr. Schultze repeated the President's contention that it ould be impossible to say exactly where the other cuts would come before th- completion by Congress of th- Budgetary appropriations for this Year. But he said that an absolutely definite \"first slice\" of SJOOm. in cuts was already being made. Of this $S1500m., about 70 per cent. ($1,100m.) represents delays and postponements of construction or other capital investment contract awards. Direct Federal construction, grants in aid, and loans, are all inr -olved. This represents about 10 per cent. of the Federal Budget for con. struction. About $50m. represents reduced spending for personnel and general, supbly procurement and the remaining $35Qm. Is spread among various Federal programmes. The second slice, with a target figure of at least $1,500m., will be cut later this autumn. Mr. Fowler's evidence, as expected, underlined the pressures created by the tremendous sur in capital in- vestment. His main difficulty was to explain, in the face of some per- sistent Congressional questioning, how the suspension of the tax credit would relieve this pressure here and now, since most of the existing orders for plant and equipment have a long time lag. This was partcularly em- barrassig for him. since he himself had pointed out this difficulty in evidence to the same committee last January. His answers to-day amounted to the belief that the chief effect of the suspension would be psychological; the fact that it was a suspension and not an absolute repeal that was nro- posed would, he said, tend to make it more effective in this respect. * Reuter reports that Mr. Fowler said after the committee hearing that the outlook for the U.S. economy in the months ahead was very healthy. He did not feel wage and price controls would be needed in the foreseeable future..",
"paper_dc_date" : "1966-09-13",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0003_004"
}
,{
"article_dc_subject" : "article",
"text_content" : "'i, IONU to1 r1 i5, 14 14 INs 14 11.1 186 14 314 I l 14 ate Low 7.86 \"le\" 11 I. ! 14 1014 1a. 7,: 414 illha S» I a nt Oidel ... ..... 40 Btltb Aoi.'6OU 9ig Oomlnoo,.,,,,a.,,., 11 CanOumme d,,.. 6 DivonPlmr, O 7654 Dom lne ...... 134 Doug PetrOIIu Verm ., 8111 t Ulan 0npW,, i . Plain ioe,,, 9 I fH'd*mBon lli e3117S Ie . s Inlend Oil: niti. Ji4 ur'nt l Ino. S arhll ,,, Jt1iS 1 H ww nV q. i' a apt 1014 oio I**4 11t8 nil 14 lol lit Il* 4i0a 11 U, ill4 11134 7?6 Il0 t'jS, .=, . ntoi ' 4 IP , 144 to1 16 1 \"' IM I\", \\.t»i M 'T.ft » WHi \" ~, 163W~ 0 -· -- - ---",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Toronto",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0003_005",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"paper_dc_date" : "1966-09-13",
"text_content" : "I ~",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Montreal",
"_id" : "FTDA_1966_0913_0003_006",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0003_007",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "GM Predicts Good 1967 Sales",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correspondent WITH production of 1967 model cars now well under way. General Motors, the largest manufacturer, is bettion that US. car sales in the new model year will be at least as high as in 1.966. In a statement issued in betroit prior to intrypuction of GM's 1961 nodels, its chairman. Mr. C; Donner andp ,PideattMr. Jmew NEW YORK, Sept. 12. M. Roche, noted that most aivalable economic indicatros point to con. ,tioued business expansion next year. \" With a continuance of the recovery of consumer confidence evident in passenger car sales during the past three months,\" they said, \" we look forward to another good year for j :the motor vehicle industry and an .outstanding one for General Motors in 1967.\"",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0003_008",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "World Journal out at Last",
"paper_dc_date" : "1966-09-13",
"text_content" : "frfm Our Owns Corre pondel it NEW YORK, Sept. 12. THE WORLD JOURNAL finally went to press to-day to mark the end of a strike which ran for 140 days to become the longest in American newspaper history. Even to the end there had to be troubles as mechanical difficulties delayed for an hour the ceremonv for starting the presses, but then the aper was launched in style with ma copies bedng poured out of a miiauive 80-page edition.",
"article_dc_subject" : "article"
}
,{
"_id" : "FTDA_1966_0913_0003_009",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"paper_dc_date" : "1966-09-13",
"text_content" : "NEW YORK, Sept. 12, Wall Street's bi lut and most sophlstlcated compuoir yatem, oost. inh $3.Sm.- hhu been dcivered to Dche and Co, In, I., by the Univac division of Sperry Rand Corporatiou.",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "$3.5m. Computer for Bache"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0003_010",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Dow Jones Averages",
"paper_dc_date" : "1966-09-13",
"text_content" : "Close 1 Rais ls u UI t l . T4n So I, l p0, 9 lO ii , I1, 8,330 U1.I, too.3 IndlWe1 81 N A I*h*SI B5.0 4.11 l, m 14.3 4B10 U S11 ld , -p In Id u 1 STANDAND AND IPOODS U,6, Stook Indlas , il. l . 1U 4, It BB30 I IdUt. d iv, L ', STOOK AND BOND VYILDS 8, I Aug, 3I1 1h (iw) ..... .... {i. } , = In I5. div. 1s p«1 t \":':\"'° I8 oBW I . 4. i0uv 4,0 4.3 MOKSY AIVND BOND YR LoioE I, l , Chong '\" lot r.",
"article_dc_subject" : "article"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0003_011",
"article_dc_title" : "\"Open Housing\" Dominates the Maryland Primary",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "By OiruA. Staff YiWITt Pilredes Jlloharo1's Civil Rigita Bill bgg-ed dw in Con. aeusaDWnly becamu of its \"open tlg provisions, litflcans of 1 ,ar-tis will be wathein. to-day's ^Deiloratic ,primary 'lecon in iMarylind wth special interest. Po rather usneppectddly, open housin has become the main issue in the.race for the Democratic o0mi1saton for Governor of this nottheastern state. Uptil six weeks ago, the. clear favourite for the nomination was Carlton Sickles, 45, at present a member of Congress. An extremely liberal legislator-he has a 100 per cent rating from the Liberal Americans for Democratic Action -Sickles has claimed that \"with Presient' Johnson, I authored. much * Great Society' legislation.\" He is a prot\"g6 of Senator Joseph Tydings who in 1964--campaigning on the theme \"throw the rascals out \"-led an effort by younger Democrats to remove the \"old guard\" of Democrats from rural areas. Sickles has promised Mary- land a \"new era' and calls the scandals which have hit the accident-prone Tawes administra- tion (J. Millard Tawes, the present Governor, cannot by law stand this time) the \"visible outcroppings of a rotten system.\" $380,000 Campaign His main rival has been Thomas Sinan, 52, who is currently the state's Attorney-General. He has had to tread delicately between defending too fervently the record of the Tawes Administration and dissociating himself from policies he helped to implement. Without doubt, Sinan has the.best-organised and best-financed campaign (by last week he had spent $380,000), but only recently has he begun to make an impact on Sickles' clear lead. As one aide told me: \" In July we were in deep, deep trouble, but that's all changed now.\" What changed the situation was the surprising emergence of open housing as the leading issue of the campaign. Sickles has consistently stated that he favoured \"the strongest possible\" fair housing measure. He promised that should the President's Bill fail in Washing- ton, he would propose a State Law which would have the same effect. Originally most of his opponents supported open housing (except for Charles Luthardt of the Fighting American Nationalists who wants As one aide told me: \" In July we were in deep, deep tr~uble, but that's all changed now. What changed the situation was the surprising emergence of open housing as the leading issue of the campaign. Sickles has consistently stated that he favoured \"the strongest f~aibk\" fair housina measure. promised that should the President's Bill fail in Washiog· ton, he would propose a State Law which would have the same effect. Originally most of his opponents supported open housing (exoept for Charles Luthardt of the Fighting American Nationalists who wants to arm all whites against negroes) but as the campaign wore on more and more came to feel that open housing was a certain vote-loser and carefully retreated. They retreated becaiase of the impact on the electorate of George Mahoney, a 65,year-old Baltimore contractor who has fought six un- successful campaigns-three for Governor and three for the Senate Mr. Carlton Sickles. -since 1950. Despite this record of failure, Mahoney is no crank candidate: he has always run well and occasionally come close to winning. This year he is fighting on one issue-vigorous opposition to open housing legislation in any form. \"Your home is your castle -protect it\" is his theme, and on canvassing trips an aide bellows into a loudspeaker that \"your castle is what Mahoney is fighting for.\" And to Maryland Democrats -who in 1964 gave George Wallace of Alabama no less than 42.7 per cent. of the votes in their Ptesidential Primary-his promise to veto any state legislation enforc. ing open housing has an appealing ring. The Sickles camp acknowledges that the Mahoney campaign has hurt, especially in the lower-income white neighbourhoods around Balti- more. Equally worrying, there are clear signs that Sickles is losing ground in the heavily-populated counties of Montgomery and Prince George's-suburbs of Washington which two months ago most candi- dates had all but conceded to Sickles. Mahoney has gained some support, but Sickles' followers are, more angry at a tabloid mot \"e over 100.000 voters in Prt George's County by local anI:\"a dates supporting Sinan. This makti out that Sickles advocateds thel relocation of indigent WaslsltW | Negro families in Maryland ild \"1 the \"busing\" each day of Negro . O-.; children in Washington to better ., schools in Maryland. The pamphlet implies, none to6orr lplomatically that the election of ickles would mean a massive exodus of poor Negroes to Mary-;: land. Sinan has refused to disown the pamphlet-arguing that he can- i not control all his supporters. To . Sickles, this proved Sinan was \"in- a bed with the bigots.\" The impact of these racial innuendoes was sufficient to force Sickles to devote a great deal of the last few days to trying to shore up support in his own district. Open housing has not. of course, been the only issue. Maryland's other problems have occupied much of the candidates' time-the State's finances, its education, crime and transport as well as its ailing oyster industry. (\" Sickles equivo- cates over oysters\" was one Sinan charge.) Pollution in Chesapeake Bay caused a brief flurry of accu- sations. Eventually Sinan went for a 30-minute swim in the bay to \"show\" it was not too polluted. 20% Undecided Nevertheless, the key to to- day's election is open housing. Over the weekend, all candidates exuded confidence, though they all have reason to worry. For every opinion poll shows an \" un- decided\" figure of at least 20 per cent.-and some even show a figure of 30 per cent. Most show Sickles still a slight fraction ahead of Sinan, with Mahoney third, but these findings are for the most part worthless. Maybe the undecideds just will not vote; maybe they will put prejudice aside and choose Sickles or Sinan; and maybe they will plump for Mahoney (which would give the Republicans an excellent chance of capturing the Governorship despite the three-to- one Democrat advantage in Mary land). The last prospect worries the leading candidates consider- ably: as a Sinan assistant said, \"if half these don't-knows are just people who won't publicly admit they're voting for Mahoney we are finished.\""
}
,{
"_id" : "FTDA_1966_0913_0003_012",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "From Our Own Correspondent NEW YORK, Sept. 12. MR. KEITH FUNSTON, President of New York Stock Exchange, an nounced to-day that he would resign his office when his present term of offce expires on September 10, 1967. or earlier if a successor is named prior to that date. No indication was given of a aossible successor and Mr. Edwin D. ttherdogtan, President'of tb enearby A adri ben ' Stoctk EfpraneI. nab ad been *it frequetly iw Funston was panning to leave, recently resigned from his own post to become President of the Wesleyan University. Mr. uinston has been NYSE Presi. dent .sin. September, 1951, after bing a .diector of ,sveral large om-n panie icluding, General Foods, det of the f SFreedom from the daily duties -and responsibilities of this night-and- day office,\" Mr. Funston said in announcing his resignation. \" will make it Oossible for me to spend more time with my family, pursue my hobbies, travel for pleasure, serve on several Boards of corporate directors, undertake certain special business assignments and devote . more tiae and energy\" to other in. , tt i educationa and charitable MaOtivLte&.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Mr. Funston to Leave NYSE in September 1967"
}
,{
"_id" : "FTDA_1966_0913_0003_013",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"paper_dc_date" : "1966-09-13",
"text_content" : "The needs of research and its applications In many Indus. tries are met from a range of scientifio instruments from Hllger & Watts, each carefully designed and meticulously made for investigation and analysis. Quality control through analysis is the business of Hllger & Watts in thousands of applications, and the choice of Instruments Is wide, from a simple spectrograph to a fully automatic x-ray fluorescence spectrometer. Ul 414UTRUMENTS FOR ANALYSIS & QUALITY CONTROL IN INDUISTRY AND RIBtARCH- HILGER & WATTS LTD 08 St Panoras Way, London NW1 GULIver 5636 AND AT DORTMUND.HORDI * OlHIOAOO TORONTO *MILAN PARIS MNAPH NWi INSTRUMENTS FOR ANALYSIS by emirllon and absorption spectroscopy, refractometry and polarl- metry, electron spin resonance, X-ray fllioresonca and diffraotlon, PRECISION OPTICAL COMPONENTS, X. & GAMMA-RAY DETECTORS. ENGINEERS MEASURING Ik INSPECTION INSTRUMENTS, SURVEYING & PHOTOGRAMMETRIC INSTRUMENTS, TECHNICAL BOOKS, I I ;·:::·:i··: ·,n·? I·:~ii .\" I '\":p.·, '!' 6'o .' *~ v 1^ :^'^\";;;':1^^ ··,I L ^Ii",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Hilger & Watts Ltd."
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "The Caledonian Trust Company Limited",
"paper_dc_date" : "1966-09-13",
"text_content" : "The 43rd annual general \"m ' \" of The Caledonian Trust Company Limited will be held on October 5 in Glasgow. The following is the cirulated. statement of the Cirman,. M J. L MumaAv: This-is my first statment as Chaim an and I would fid like to say how sorry the rd are to ee my brother, Sir R.Alistair Murray, sever his long connection with the Company. He retired as Chairman on reaching the ,age of 70 and is not seekin relection as a Direc- tor at the A ual General Meeting. Shareholders too will appriate how -much the ~iment strength of dthe rompny is due to his judg. ment and guidance, first as Joint Manager and since 1963 as Chair- man. Your Board are putting forward for election at the Annual General Meeting, Mr. J. R. Johnstone, a partner of Whinney Murray & Co., the Managers and Secretaries. Legslatve Complleatlem SThe past year has been a diffi- cult one. 'Conditions generally would have made it so anyway, but to these have been added the distortions of the 1965 Finance Act, which apart from the time and *fort expended in interpreting the law, have rendered the normal use of reasoning and logic in invest- meet decisions a matter of con- siderable difficulty. Dividends and Interest received during the year to 1st July 1966 amounted to £772,090 against £712,622 for the year to Ist July 1965. The figure for the past year. however, included a number or dividends which would normally hav; been paid after the close of the year on Ist July last but were in fact paid before 6th April 1966 by a number of Companies so that they could take advantage of the provisions of the 1965 Finance Act. We received in 1965/66 more than one year's income from these in- vestments.and it follows that there will be a corresponding short fall in. 1966/67. We. have therefore deducted such dividends totalling £52,929 from the gross revenue for .1965/66 and after providing the appropriate tax of £21,833 have transferred a net sum of £31.096 to a Suspense Account in the Balance Sheet under the heading of Revenue Reserves. The balance standing at the credit of Suspense Account will be brought into revenue in 1966/67 where it rightly belongs. After making this adjustment and taking into account the inevit- able decline in estimated Double Taxation Relief and some increase in underwriting commissions the gross revenue for the past year amounted to £780,646 against £794,684 for the previous year. This allowed a dividend on the ordinary shares of 11% per cent. again to bq paid leaving as surplus revenue for the year £40,980 which was added to the carry forward making a balance of £885,122 to be carried forward to next year. Delation Sies laeeaetve SAt home we are in the midst of a severe incomes and cadit squee imposed at a moment when the economy would iapear to \" V6 been turnin downwards apa. Prodroticna In April, My aind 1une a sinace then the delinelr as eoestper. Doubtless the delaory measure taken will benefit the balance of payments osition in the short term but are they lly any lasting solution for our basic problems in the longer term? Any course which tends to destroy confidence and the urge of manufacturing industry to modernise and expand and nullifies even temporarily agreements relating the wages of employees to production must lead to a lack of Incentive and to stagnation-a trend which may be difficult to reverse. In America the economy has also become overheated. There are signs of strain in productive capacity, prices are rising and imports are increasing. The war in Vietnam is increasing defence expenditure this year by S8,000m. and the cost is still going upwards with the result that the country is now carrying a sizeable balance of payments deficit accompanied by the symptoms we know so well of shortage of credit and higher interest rates. The Americans have managed their economy very successfully'n recent years and no doubt they will overcome their present difficulties, but their room for manoeuvre is now more restricted than it used to be and there would seem to be little doubt that they will have to introduce higher taxation to control the inflation and allow the economy to cool. The Future In the conditions which I have outlined the prospects for revenue in the current year can only be described as unfavourable. We are bound to get some reductions in dividends and in 1966/67 we shall feel the full effects of the loss of Double Taxation Relief. I would hope that revenue for the year will be sufficient to cover the present dividend of 11 V per cent next year without recourse to our revenue carry forward which is substantial but a maintained divi- dend seems certain to involve the distribution of a higher percentage of revenue than in the past.",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0004_001"
}
,{
"_id" : "FTDA_1966_0913_0004_002",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "FIRST YEAR'S GROWTH, Our investment company started its actvitle on 19th November, 1965 with the am of otseri shareholder u interget in a portfolio of Internationally eletoe growth stouks. The net assets of the company amounted to 8.219 million at the end of June, asainlt l.201 million on lot January, Ts lIncreas is largely the result of the issue of nw shares. In the first fnancial yar the not asset value of the ordinary shares has Improved from 1,166,50 (the issue prie on Novomber 19th, 1965) to ,.173. notwithstanding the downward movement of share prices in most countries where our company ovested Its assets. After deduction of operating expenmes a prost. of 1.1,938,342 remains and we propose a dividend of fl.1,20 pr rdinary share. INV STMENT POLICY The Investment psilbl.iti os1.~O NOLINCO are retricted by Is aim. nly hareaf o a I ith tprI of optstanding increase prost e ole o rportf i, Moreover the flnanelua tructure f the'ompaMi hS to atlry hl h standard of requlrmeonts and the sares must. pnera lis pak n, be eausly negotiable. Pinally a geographloal spread I aliso one of the criteria that the portfolio has to satisfy, USA. There Is no dobbt that the widest choice of row stocks i ava le In the United Statu. Ths an reaily be explained 1ly Pth fact that, In this country of unlImltedpps!intllt, technological dst3velopit 10 11t a06flo , A2d t 1 thIs the abundance of qcaptIl sn a weal prgalfsd, capltl 0Ar.ket and It Is clear why we haV Imad W.o F1 fgMIvesntnseo t2 % of net movingS o warda, iiau t were vil a tb td h I very reaonl , ad tb. ed m i who Iav. an excellent reord and ood priapeeo, In Prnw tpperdto i n prini p tq ttnts,, Irnlat ppn9e1i \"1 ltvey. i8arci nu.e.r o m. i dle m l ' aedI .ro companles, ai we le inveotd ome 1 or net auets 1i that bountry, Br K. ltlnce It dPa~ not appear t th prIMh m of Orer Britain will b qulily rlsq 1 04 havy i lta1tod to IVrs.$\" our investmnt m ivit In lis'ctountry At r our tr In Oreat Britain amounts to some 1,11t, mlon or ,5. o0 not a01t, net assets. He I n he Netisrlad wheve also n very autous The Infattonar foreg hav. In.enaitiid to sugI agn 0p1ent, Ms a result o the wae polioy followed andthe U I nI j Iover.t. expendlture, that under .mese .lirumltaneM so w iompanise er cll ther share a r h so , . . Italy, The Italian Invetorl hVlvo t ' erIalnetent re1smtl their courage, be0ame tlhey irl '.e optlniwthot a parl 0l' V Pr08h1 li ahne, Ou Interelt In tIll eounvry amounts to * 2% o not aWeti ' urveatmmnt, a v .t o ..1 *' \" \";\" In tao fira frl nadn l ya w wej I l 0pI womItely 6,1)6o avllellllla lug ia lly S. . .. , W b e h, . ,, , i ,,: , ,. . ,, ,\",,o'o ,V, 5 .... T RAM i.: I' ; ^ I ' I 1, » l, . I . . . * â ; \" \"",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Rolinco"
}
,{
"article_dc_title" : "Sheffield Venue for Chambers of Commerce",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "The annual national conference of the British Junior Chambers of Commerce will be held in Sheffield later this month aid will draw delegates from more thaf 80 U.K. chambers. It will be oyened by Mr. Edward A. Merdes, world president of Junior Chamber International, and will operate under the theme \" Learn to Lead.\" Business sessions of the conference will be split into the seven com- missions of Junior Chamber Inter- national. That would include com- munity development, international relations, publi relations, extension and membship, education and youth activities, economic affairs and leadrsip development, the Chamber Delegates will disass a wide rane of . lapciln sg deusti",
"paper_dc_date" : "1966-09-13",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0004_003"
}
,{
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "a I a I r a S f f L » r I- C i t B f r 1. * it ? d a 1r c r. 1 ,<i I The 93rd annual general meeting b of Horeley Bridge Limited was aJ held on September 12 in Birmingo- ham, MxL Jom V. SHMnFMa (the chairman) presiding. The following is his circulated p statement: oi In my statement accompanying a last year's Accounts I said that, providing nothing unforeseen ociurred, I anticipated that this year's trading results would show o' further improvement. I am now pleased to be able to tell you that not only has the confidence I showed th been njustified but also that this ear's profits are a record for our Group, t It is my considered opinion that n this is a very satisfactory achieve T ment. We have had to face % numerous additional c6sts, many tl of which are the result of Govern- n ment legislation and so beyond our o control. On export contracts and o most long term contracts in the v U.K., increased costs cannot be n recovered from customers, but ti have to be offset by greater al efficiency and higher turnover. On the 29th March, 1966, we established a Holding Company. si the name being changed to tl Horseley Bridge Limited. This will a facilitate the co-ordination of our e operating Companies and should sfrengthen our organisation to meet C the challenges of the future. Commander Buist, who has been h our Deputy Chairman for a con- a siderable time, has now reached a the age when he would like to res- trict his activities. He has, there- fore, resigned as Deputy Chairman, but is willing to continue to serve F as a Director. In this way we hope to retain his services and wise counsel, which have been such a benefit to us in the past. I am very pleased to inform you - that your Board have elected Mr. Vincent Senior, our Managing t Director, to be Deputy Chairman. Mr. Senior has been largely res- ponsible for the Executive Manage- ment of the Group since 1953, and during this period we have emerged successfully from a serious reces- sion in the Capital goods industry without showing any serious diminution of profitability. In his new position of Deputy Chairman ] he will still carry out the executive I control to further the progress into the new fields of Engineering we are entering. Financial Comments The Group profit before tax amounts to £401,453, compared with £361,468 for 1965. The re- vised basis of valuation of work in progress, which I mentioned in previous years, i now operative tebuslitst. the Group :and will permit morre-alistic omparisons of trading sults in futtue. We are I still, howvr retalning the con- servtive polcy of not taking I profits on contracts until they are I completed. During the period under review all Companies within the Group tork yomuendl agt a creditable aofi bWso, d beiIn mind the rdl hangingl natur of much E .o-bwdi>- . , After providing for the Prefer- i enCs dividend and the Interim dlvi.- dead on Ordinary Shares, then is available for approprlation an I amount of M453,233. Your Dimre- tor recommend that a Final dlvi. dend of $% should be paid on the Ordinary Share, mlakn a total dividend of 7% for the year, and that £127,600 sould be put to Inoeral reserve, raising it to 2 0,o00. If them recommenda- tlon s accepted, a balance of unapprpriafted profit of £218,161, will be carried forward. The Directors of Horsley' Bridge Limited at the annual general meet- ing held yeterda, decided reluco tintly to amend the final dividend to 5% In accordance with h govrnment's requltt not to in, crbas dividends at the preant time. Uptrley Brid A Thermas PIgo Under the re-oranlis oi of our OrouBp, hi Company lqw s, our principal manufaclturing subIldltry, Although all main departments of our Works operated throughout the yar at full capacity, the out- put was restrlited by a shortage of skille- oraftamen, Profit wa adverwy affited by the low m a at wich some of our structural stelwork contracts had unmavoldably ben tAken in oint yat and by bstan tlIn- sesl lInOrntln co.its to woich I he already ra , d. Wi now ve av lubetantlal ordsr bk wth, rovldid costs do not ⢠fl) Brh W .an.est at .unde .°aon' iaran n wljjlqun~rll dieparkt 'nw o our or operatlni tq paOlty , I.lyat, .th controle /futor sn..tl1 tln! .hetshortas 05 to ovreonme th ipiOblem owe ha taeM steps to mner, the num- I Trading i e of this Com- pany ave been at a high level throughout the year, which has t resulted in a record trading profit. There is a substantial order book ' which will ensure a continuation of r this high level of activity for some months, but in the particular type r of business in which tho Company I operates, carrying out a wide S Mesean Uimited Following the complete reorgani- Ssation mentioned in my last report, this Company has recorded a profit I and I anticipate it will continue to r expand in its own specialised fields. SG. . Whitebous & So. limited Once again this Company has had a successful year's tradin but output has been limited by a short- i age of skilled craftsmen. It has worked to full capacity throughout the year with the available labour force and produced record trading ; profits. We have decided not to build Sand equip the new factory men- tioned in my last Report, a addi- tional factory space has been found within the Horseley Works. SThis should enable the Company *to increase its output, providin s the present labour force can be augmented. - onre tlott (Proceo i f Eagter) himhed ⢠This Company formed in 1962, has for the first time made a con F tribution to. the profits of the s Group, mainly due to the comple s tion of the large contracts for the 1 Foundry industry mentioned in my e last Report. Our efforts to develop our U.K licence from Struthers Wells Inter national for the manufacture of a wide range of specialised chemica plants is beginning to bear fruit A number of desirable contract 6 have been obtained and thes Sshould make a useful contributior k to future profits. e Recently we have granutd a II licence to an old-established SSpanish Company, Hornos Her- * mansen of Bilbso, for a wide rang Sos foundry melting equipment. We g are pursuing the granting of e similar licences to other countries. Honeey-P ott #(Coating.) p This new subsidiary. Horseley- I Pi-va (Coatings) Limited, was 9 the purtew of developing an h exclusive licence obtained fromr Mr. J. 1. Heilker of Holland, the r- inventor of a patented vacuun i- process for the plastic coating o is ,metal for protection against for n rosion and erosion. By 1this-MPto - cess various plastic linings can be i1 quickly applied to pipes, 'valves, 6 pumps and vessels, particularly to *l Internal surfaces or areas, other d wise of difficult access, o Our aim initially will be' to cot 0 customers materials according to P their specific requirements, but If there is a wide variety of a4plice It tions which it will be our#am to r devElo in due courk, ' in We' ort te In havln Ssecured e services of the inventoir SMr. Hellkleer, who will be Techni- oal Director of the new'Company a- Outlook I find It difficult to forecast the long tnert propects foro' Oroup ta of omesm , due to the in certain effect on the indutstries w ir serve of Oovyrtment action whicl , I feel UNi will w ve to be ;taken I Sthe newr futurs to prbt$ct th0 economy, together with'he mlr i Hnoweerd atlonalisation of st- . However, in view of the preaen of oradlng position and healthy stat of ourr ordr books, coupled witl .our njw venturesthe preMnt sa unforeseen) a lurtbhr ,r= li in OrouV Iwoul lh than t Urn orn ; mnyO o iw -u WWW~OH * o t I o1r*fth _ I I I I I I I I U I II I II I I I A number of desirable contracts d have been obtained and these . should make a useful contribution k to future profits. a Recently we have grant4d a II licence to an old-established a Spanish Company, Hornos Her- mansme of Bilbao, for a wide range of foundry melting equipment. We Sare pursuing the granting of o similar licences to other countries. Ho *eley #(Coating) P This new subsildiary. Hotrseley Piggott (Coatingls) Limited, was ,formed; on the 8th June. 1966. for , the purpose of developing an h exclusive licence obtained from Mr. J. 1. HeUllke of Holland, the r. inventor' of a patented vacuum i. process for the plastic coating of is ,metal for protection against or- n rosion and erosion. By this- pro- cess various plastic lin ngstcan be 1. quickly applied to pipes, vialves, e pumps and vessels, particularly to dl Internal surfaces or areas, other- d wise of difficult access, o Our aim Initially will be t coit o customer's materials according to k' their specific requirements,m but I there Is a wide variety of ai lica\" to tions which it will beWouroim t r dqvlop 'in due coursi, ' We are fortunate In havins to secured e rvice of the inventor, Mr. Hellker, who will be Techni- cal Director of the new Company. Outlook I And it,difficult to forecast the long teri propects for our Group #t of Comanml, due .to the unr certan esfet on the Industriei , ir serve of gOovrtment aton Whio SI fe1l Sun wi, Itave to be takon I1 the n-er futtur to prbOl.ot 0t economy, tolether witlh e'n lri announcl d ntitonauliatlon aof i t- t. However, In view of the prose I trading position and heal of our order books, soupld with our new ventures, the rent year ishould pro dues (rrfnalr anMythqg unforeseen) a iurtdie raIea o 14 Group prost, . n. On e ,wod c lud* b# tha il w n many I d Wnt e V1 Biwiwi San nis Do n e 1emy i*u. 1 0 now d,/flr ir tour Y90l. M » 4 new4 P Swho, ntwaveot n , oYrO a . ...... ...",
"article_dc_title" : "Horseley Bridge Limited",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0004_004",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0004_005",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "To-Day's Events",
"paper_dc_date" : "1966-09-13",
"text_content" : "JrNflSuvH ! ' S Pi;1H *1\" m, aa iU . ,i 3I*A^'iW^ ^ , ;'/ A .;!' ,, :j ~ I· .1 :~···~:.ll·!b.ld.i~ kll1~4~ \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t",
"article_dc_subject" : "article"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Armitage Ware Limited",
"text_content" : "gin~;~CPr~ft~:~;tt~!OT ;mrmalrunl a ~f~d~ :ot··i3%:4ohleb t '-ysri. Annitalo' Abltcalia: Buildinl activity, gaTtiCUiatjj( residentialr has been at a remicw level and con- saonendv production br.bsm.krl tow our factory's.potential, but nevertheless wt have operated profitably akbough at a somewhat lower Irvd than in the previous gear. Vaal Annitioe (Pty.) Ltd.-- South Africa: Rc~en~y ntgotia- ~onJ were completed with Vaal ~oiteries Ltd, ofMeycrtop,'tlPM- va~o~ w6etilBtr ouy:'te~poctive com- pares bave- joined to~etber to mnanufacture vitreous china plumb- inp fisuures in East'London, com· mencink in 1961. Planucs: The acquisition of Tromirn Broihen Ltd., of Solihull, ~mbortaat·man~ifactui~s in Penpex afbaffb~, iowa cabinets and other tiiastic and brass products, toot place recently. ~ An~utage therefore enter the wide bald of plastics and it ir considered that this is a wise and:oroOnssll stepnecessaryfor the future of the company. The report wad adopted.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0004_006"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0004_007",
"article_dc_title" : "Tax Experts Lecture at Nottingham",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Leading experts in the accoun- tancy profession to-day begin lectures to fellow jnembers of the Institute of Chartered Accountants in England and Wales in a series of four residential courses at Nottingham University. \"These courses on current tax practice are the first full-scale series of their kind to be under- taken by the Institute. \"They have. attracted chartered accountants from all over Britain, and a total of 200 people will. over the next week, hear lectures on corpora- tion tax, the taxation of capital gains and tax planning and management.\" it disclosed. During their stay at Nottingham University members would be in- structed on the.scope of the capital gains tax and the manner in which it would affect the disposal of stocks and shares, estates and settlements."
}
,{
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "A 40 per cent. saving in office over. heads is estimated by the Slip Group which is leaving London for St. Albans (Herts.) on October 1. A spoksman ,said one reason, for the move was the 'high rents in the, City and another the Selective Em. ployment Tax which \"tips the scales against maintaiing a head office building in London.\" By merging with production depart. ments and home sales offices at St. Albans the company would bq able to. make staffeconomiet. A siaing of at least 1S pqr cent. on the total wage bill n ths country was hoped tor, he.asdded.",
"article_dc_title" : "Head Office Move by Slip Group",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0004_008",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"article_dc_title" : "Trustee Savings Record in N-W",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Irom Our Own' Crmqlbideot Fund Ipof tn- g v\" 101 Aki : thf Nort.-Wwag bavw lde to th0 slhest level. inl t he moveo2nt- SWit a fu'rther pin of over Or0m. i, nln months, rmvtor n a r eion .trgiiotn from, .wutnorland tc StffqrilrmSb v,., lifted (IW total tc ;oroet~ n it a,, \"t .wu announced. h;,em to.iy,,",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0004_009"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Acetal Copolymer U. K. Trade Mark",
"text_content" : "The asoItl eaolymw apatsletd t vhepllltte»- lvlin oi lmrh»w rT Zt, finmn wilt si* th« thof pprt , lo ufr A mo, i SI IdIR7",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0004_010"
}
,{
"text_content" : "of givente d rd4 industrial W~aesintbr fl 1d five yeas witholt s in prices. Th TJt m at a redistribtion o al This object is laudible in itself but it ought to be ,,ppro*a ed slowly. The present nush can never lead to a satisfactory society. The Gov- ernment and the political parties lack the resolution to tackle this problem effectively. It is a vain hop to try to force restraint by credit .restrictiont and high interest rates. These put a burden on industry when it needs to invest or tries to export. An industrial, society cannot afford this. . The volume of money increases but not in the tills of banks and industrial undertakings. The ordinary man has more money in his pocket but he spends an in- creasing part of it on holidays abroad so that it is lost to the German economy. The balance of payments re mains basically unfavourable and the direction in which this is lead ing is easy to see. The Pat Year DIDIER-WERKE AG achieved results in 1965 which were ia marked contrast to the expecte difficulties for the future, in spit of the first stages of the recessior in the iron and steel industry. Tim policy of continuing.to develop th old staple product of refractorie justified itself although ' quantita tive demand fell off. The Industrial Equipment Sectol also expanded and progress was made with the large projecti of alread in hand. it Is nteasyto e maintain continuity In Wt i sctor. M6 Other countries, espeaU within i-a E ArCqt ae I imch re e an with State ided credit. Th WTores t up the demand for deferred paV ad met term. Orders come to be he given to the party which offers longest credit te#ms. The numer of now orders a, obtained,' espeally from Eat on Europe, I. however. reditable. of The ar 1965M wa haracterised by extenive investment which * r eded anything in DIDIBR'S In records eithe l e or pot war. In W 18 yeam ino\"e the currency re I form. DM 40Imws invmeted in 1 manuifdturinS f and of this it DM 23.3m. was spent n 1965. SGenrally spealking capacity is not 'a being el leda It i a question of av- tionJaiMtonand of facilties for ft quUty .produatio.tosther with his xpendiure on ra. SAdditional participation c- re quired in 1965 were designed to id improve access to taw materials. Sespecilly or the developing u, businets- in hih quaUity products. STotal income from subdiaries i. was little chaned since the pre- se vious year. Id The foowing are details from he the report. in Review im Group turnover for 1965 amountd to approximately DM 343m nclusive of subsidiaries and the appropriate share of the - turnover of consortia. a The fortunes of the Refractory Indistry hat for years shown 'a cyclical pattern with peaks every four or five years. The 1965 peak red was very slightly lower than its in predecessor so that the general ted tendency is slightly downwards. pite Within this patter6, chamotte and lion silica have done badly while mag- rhe nesite, graphite, special materials, the mortar and ramming masses have ries done well. The 'tendency is to- ita- wards higher value products. Xor Refeatoriee was The volume of orders continued ects to increase until the middle of 1965 to such an extent that 12 per cent more orders were held at the end of t yth uthan at its bennng. Output was raised by about eight per cent About DM 23m wasn- vested, partly to improve quality but above all, to cut labour costs by rationalisation. A licence agreement made in 1964 with JoLhn-Manville Inter national Corporation, New 'York, Save DID1ER selling rights for their insulating material. Idsrlarf Equpment S (Didier.Technik) Several chemical easnerinrg t orders were completed and more .were booked. Projects which Spromised to be the forerunners of Sother work included a Russian Scompound fertiliser plant. t The economic troubles of the Smining and steel industry in North r Rhine Westphalia depressed the I coking plant and sas works busi- neas of the Essen branch but the sector as a whole was kept busy by the Spanish coking plant project. S The acid equipment- sector I (Didier Surebau) increased its market share. Profit ad Divid4ed A net profit of DM 9.712m S(1964 DM 8.256m) allowed a divi- dend of 17 per cent on DM 60m capital of which DM 6m only ranked for half payment . The report, the accounts, and the V proposals put forward by the Board s were adopted. Supervisory Board y (Autsichtsrat) f a Heinz Osterwind, Chairman; y Prof. Dr.-Ing. Siegfried Balke, k Deputy Chairman; Dr. Dr.-Ing. a Fritz Harders; Paul Lichtenberg; d Dr. Felix' Alexander Prentzel; s. Wilhelm von Thelemaln. Em- d loyees' Representatives:. Otto SKampe; Rolf Racky; Georg s, Richter. ,. Drd of Manaaet (Vorstand) Dr,-Ing. B.h. Edmund A. Bieneck, Chairman: Dipl.-Kfm. d Dr. jur. Martin Bieneck; Hansgorg i Mende; Hans Reindl BALANCE S Ils D9VIOPMIW IN DMS. LIABILIIES . ASSTS 1962 1963 1964 1965 1962 1963 1964 1965 Share Cpil .......... 45.8 48.0 54.0 60.0 Pied Arset ............ 43.0 39.2 41 8 56.4 Reserves ............. 24.1 24.1 29.5 32.1 Participtions .......... 16.3 18.2 194 . 23.4 Special Items with Reserve Stock .......394 36 37.2 41.5 Element ............ 14.1 14.4 14.8 15.7 Open Comsatction Account Long. anad Medium-term6 leou Payments Received 17.2 22. 45.7 101.5 ................ 93.3 115.6 123.7 165.9 Supplied ........ 29.4 33. 32.6 4.5 Provision ............. 30.1 27.6 35.7 38.9 Other Debtors ..80.4 89.5 107.5 .12.o Advance Payments Received 9.3 6.6 20.1 10 quid Asset .......... 33:8 36.4 43.6 39.9 Goods Received ........ 22.6 21.0 27.6 59.4 Other Labilities ........ 12.6 12.0 14.1 20.5 Not Profit .............. 7.6 7.1 8.3 9.7 259.5 276.4 327.8 420.2 259.5 Z76.4 327.8, .420. Coel of U 1. nfa ee ma be eku ota rm Saab. LI.. 2, The MhM. Iala. L.dea. W.S. f r",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Didier-Werke Ag.",
"_id" : "FTDA_1966_0913_0004_011",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0004_012",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Dr. 'or he, Ice rt. St. of gle 1r, In hI m. on to to ed. [r Aill .of these rhayn bkeen rMd. ·nuncemen appem ar malter ofr d rd elmy. Not a tNew loe 490500 SHARES ROYAL DUTCH PETROLEUM CO. MODEL, ROLAND & CO., INC. Amker Ne*w * darmn l S, W. B end fa C.ut 130. 3weiway', New Terk, NT. 10005 8aOTON PARIS Hi i ' ii. i. . ii I II III I' I' sI I II. . _j_ f `-~-~--~-- '' ____ - - - Y__ -~M I I : '-'' ~ I I I",
"article_dc_title" : "Multiple Classified Advertising Items",
"paper_dcterms_spatial" : "National Daily"
}
,{
"article_dc_title" : "France May Join Liquidity Talks",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Six urge need for end to U.K.-U.S. deficits from Our Common Market Corrpondcnt LUXEMBOURG, Sept. 12. France to-day took a slightly more flexible attitude towards the problen of International liquidity, in retrn for a tough declaration from an six Common Market coutries on the need for the US. and U.K. to get rid of their payments defcites. , After to-day's meeting of the Common Market Finance V Ministers the chairman, M. Werner, Luxembourg Prime Minister, said he thought France would participate in the next round of negotiations on a contingency plan for the creation of fresh ,international liquidity. But he also made it clear that differences of opinion still remained between France and the Five on the desirability of elaborating new international monetary institutions right away. These differences are evidently somewhat smaller than at The Hague meeting of the Group of Ten, when it appeared doubtful if France would consent to join in future negotiations. The report of the Oroup' of Ten had proposed that the next stage of international talks should take place jointly between the Group of Ten and executive directors of the Inter- national Monetary Fund. Contrary to the tradition of the three-monthly meetings of Com- mon Market Finance Ministers, the French to-day insisted on the .publication of a communiqud of substance, and' thiy are clearly satisfied that their bargaining position has been considerably strengthened for the meeting of the IMP towards the end of the month. They have had to give some ground, but they will go to Washington less isolated than before. Two Main Points The two main points stressed in the communique are: 1-No' new mechanism of interna. tional liquidity should be put into operation until there is a better ' ullbrium in the payments balance of the leading countres, notably the reserve currency countries, and until there is joint agreement that there is generalised shortage of reserves. No such shortage exists to-day, says the communique. 2-The deliberate creation of inter- national liquidity should not be em- ployed as a means of aiding the less developed countries whose economic growth requires diferent and specific forms of aid. such as investment aid, technical co-operation and trade policy. Since the Americans first launched the idea of a worldwide conference on liquidity the less developed coun. tries .ave, seized on the iea a a way out of their economic difficulties. The Common Market countries, on the other. hand, are aware that they are likely. to have to bear the main burden of financing any fresh crea- tion of liquidity, since they are the world's leading creditor countries. SThis point was made very strongly in a- declaration issued just before to- day's meeting by M. Michel Debrd. French Economics Minister, who stessed the price the European coun- tries would have to pay. He also 'appealed for solidarity from the Six, and the communiquE after the meet- ing shows that his appeal did not go entirety' uhheard.",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0005_001"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Capper-Neill Ltd.",
"text_content" : ".- - - - -.. *..I...eu p.u uu. u . 'nr w gum._ Jl . )Iu tting the foreign xchangiic& ot &ring t toay.'it Texpected to last Engyiw m or Name the chemical -'~ ~ ,,, ** *\". * .. ', . ,, ,b \" I ,7% 77. r.. ^llrc:d -' 2'1 ' 1, iS ,Y, , * I , f·r ' -- 9, * -\"S' the andthetankage tostorent Capper.Nelll Ltd. London Warrlngton and St. Helens Sale Ofices Bold, St, Helens, Lanoe Telephone St. Helens 27863 Bromar House 27 Sale Place London W2 Telephone Paddington 1004 Ihi I,, I'- ^ ,.r . ., ' , , » r·-;b I I ii? ~i~ii nr~j I: ~~...1. -- -- -- ' l It .r. · ^ '",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0005_002"
}
,{
"text_content" : "SCANDINAVIAN Airlines System and a number of air taxi operators have combined to provide trans- portation to and from Scandinavian towns lacking regular air connec- tions.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "SasâAir Taxi Agreement",
"_id" : "FTDA_1966_0913_0005_003",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0005_004",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "From Our Own Correspondent 'TH2 BUNDESBANK to-day fore cast a West German trade surplus of DM5,000m. (about £450m.) for 1966 DM3,800m. better than last year's results bus still short of the DM8,000m. which the Bank thinks desirable to balance the current account. .Exports of DM20,200m. in the second quarter were 13 per cent. higher than those in May to July. 1965, and their (seasonally adjusted) increase from the first to the second quarter of this year was 5 per cent. On the strength of statistics for new orders the Bundesbank thinki that upward grosth will confinue at its present rate. Imports, on the other hind, are only growing at a rate of 2 per Mcet. annually, BONN, Sept. 12. That reflects both the lessened Stempo of economic expansion in SGermany and a reduction in t imports of arms. The Bundes- Sbanks figures permit the conclu- sion that imports of arms were Slower by about DMSOOm. in May to July than in the same three. month period of last year. The Bundesbank report denies that renewed export Surpluses will have an undesirably extensive influence on Sthe home economy, since export orders are growing at nothing like the 30 per cent. rate at times recorded in 1959-60. The point is more than academic since everyone here wonders for how long the credit squeeze is to c6ntinue. On this point, the report -ays that progress has been made to. wards equilibrium, but the goal of arresting inflationary pressures has not yet been reached",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Bundesbank Sees German Trade Surplus of £450m."
}
,{
"article_dc_subject" : "article",
"text_content" : "up o mwue way or a new one, which wll be built on the same site in 1967.",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "The Remains of a 590-foot High Television Aerial after It Was Demolished Last Week at Bukova Hill, near Decin, Northern Bohemia",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0005_005",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0005_006",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Corespondent THE DUTCH shipbuilding industry should concentrate on the production of tankers, less compli- s cated freighters, container carriers, naval vessels and drilling plat- Sforms. Larger production units should be formed through mergers of individual yards. These are two of the most important recommendations of the Keyzer Commission, a group of shipbuilders, senior civil servants, a shipowner, a trade union leader Sand a banker. They were appointed by the Government last Septem. ber under the chairmanship ot former Transport Vice-Minister, Mr. Mike Keyzer, to recommend ways to improve the competitive position of the Dutch shipbuilding industry. The Commission notes that the average Dutch yard now builds new ships at a considerable loss. For every Fls.1,000 (£100) earned in this way in 1964, the average yard had to pay out Fls.1,120. Repair work, which is relatively important in Holland, yielded an average profit of only I per cent. As a result of this and other sac- tors, the tonnage launched by Dutch yards in 1964 and 1965 was only 40 per cent. of the 1960 figure. (Over the same period, British production went down to just over 80 per cent., German to about 95 per cent., while the Swedes increased their newly built tonnage to. some 155 per cent.). At least one section of the Dutch report is'bound to cause consider. able anger among trade unionists. It says that workers- in Sweden and Japan work much harder than those employed in Dutch shipyard' where \"during an official working week of 45 hours we estimate the number of hours actually worked at between 35 ahd 40, while the working tempo in Sweden is much higher.\" But the Commission adds that most Dutch yards do not have a proper policy for treatng and promoting staff. THE HAGUE, Sept 12. In recommending that a Shipbuild- ing Council of not more than three members should be set up to help carry out the proposed mergers and the other recommendations in the Keyzer Report, the Commission says it is confident tiat its plans if realised will enable Dutch yards to regain profitability within four or five years. A thorough study of future demands has led the Commission to expect that world orders for new ships in the 5-year period 1971-75 will total the some 65m. gross register tons, an lew average of 13m. tons per annum. This ery Agure varies widely from the 19m. ray tons which Britain's Geddes Com- say mittee forecast as the actual tonnage is tobe produced world-wide by the year ad, 1975. ly Not Divulged tch The Dutch Commission asked the 40 Board of Trade in London to divulge ver on a basi of reciprocity how the on Geddes figures had beep arrived at st. \"Much to our disappointment the ile Board of Trade was not prepared to R y do this,\" says the report. ) Commenting on this. Mr. Keyzes ch told THB FINANCIAL TIMES: \"We er* think the British have been very short. It sighted over this. If their estimate nd is right our Dutch yards will be in an Ie unexpectedly favourable position re 'since we have naturally based our of recommendations to the Dutch in- of dustry on the assum tion of our 'en smaller world demand figure for 1975. If on the other ,snd our estimate is right, the Britin yards ll hav .a. ch hard time of Wtslne thai cosld imply isY 'the existence\". over apaMty si ),Britsin by 1975.\" ...",
"article_dc_title" : "Dutch Shipyards Urged to Concentrate Production",
"paper_dcterms_spatial" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0005_007",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "By Our Geneva Correspondent I3Vgs KRWS7PA B] nkMlhh.. me.,s,\".!. . .:W. . . ,, SWISS NEWSPAPER publishers and business interests are at odds over the succesful development ol commercial advertising launched Jla than.two years ago by Switzer tlan uped'rvised television etwork. Advertisers are not par ticulariy happy about a 16 per cent, irafte icrute for TV spots that will go lntq effect next January 1 with o backig of publishers. The newpaper publishers, on the other ha , a agimnt a proposed ex- t i6ftthe daily amount of time no to commercials as sup- pOrte- by industry interests. The opinion of the publishers carries a good deal of weight in this matter since their national associatio holds a 40 per cent. in. teret in the Aktieqgesellschaft for das Werbefernsehen, the company responsible for selling and broad- casting TV commercials. Another 40 per cent. is owned by the Swiss Radio and Television Corporation (SRG), while organisations repre- senting trade and industry, mer- chants, farmers and journalists hold the remaining 20 per cent. Swiss industrial circles, however, are understood to have worked out plans for raising the Werbefern- sehen company's capital from its present Sw.Frs.500,000 (nearly £42,000) and at the same time to expand industry's shareholding to around 30 per cent. They argue that since industry is the predomi- nant customer it ought to have a bigger voice in running the enter- prise in charge of television adver- tising. Press advertising damaged The publishers, who want no part of this, claim that TV com- mercials have already caused more damage to newspaper and maga- zine advertising than originally foreseen. They point to a survey among association members which showed that companies buying television spots had reduced their advertising in the Press by an average of 15 to 20 per cent. Par- ticularly. hard hit were medium- size newspapers with circulations of about 15,000 to 40,000, while small local papers and the big city Press generally fared better. In many cases these losses were offset last year by an expansion in other rs advertising, including advertise- ds ments from local merchants em- of ployment notices and political ed advertising, but this may not neces. r- sarily happen again this year. n' Understandably, publishers tr favoured the forthcoming increase it. in TV advertising rates, as they i considered it justid following the th rapid increase in television viewers le in Switzerland. The original rates er had been fixed two years ago, when x hardly 450,000 TV subscribers were e paying an annual licence fee of P Sw.Frs.84 (£7) to the Swiss Post Office, which keeps 30 per cent. rs for its technical services and trans. in fers the rest to the SRG. The al number of set owners has now just n, passed the 700,000 mark and is r expected to reach Im. in the next Sthree to four years. r Not to exceed n 12 minutes -r. This tremendous growth was not ts foreseen in 1957 when the SRG signed a financial agreement with r, the Swiss Newspaper Publishers' It Association aimed at keeping â¢. advertising off the screen. Under ts this 10-year contract the publishers y were to pay Sw.Frs.2m. a year to o help finance the television pro- o gramme until the number of sub- e scribers reached 180,000. This i. happened at the end of 1961, much a sooner than expected. Short of r- funds, the broadcasting corpora- r. tion sought to terminate the deal ahead of time, and after difficult negotiations agreement was reached on the introduction of advertising on television. In authorising this venture the Swiss Federal Government stated o that the total amount of commer- i- cials was initially not to exceed 'e 12 minutes a day, with no adver- i- tising to be shown on Sundays and y national holidays. Flooded by Sorders and aware of the large sinan- cial needs of the expanding g national television service, the ir Werbefernsehen management this n summer asked the Government for r- permission to broadcast commer- 1- cials 15 minutes a day starting next is January. e The Publishers' Association, y according to one of its officials, lost n no time in advising the authorities :t in Berne that its members oppose ;r such an extension in order \" to give Snewspapers a chance to overcome i1 the initial shock dealt them by tele. Ivision advertising.\" The publishers - recalled the Government's stipula tion that the Werbefernsehen com- a pany should see to it that the Swiss e Press suffers no disadvantages from y TV commercials, but it remains to e be seen whether their arguments i will be successful. Broadcasting cs circles, in any case, appear optimis- a tic that the request will be granted e shortly so that advertising contracts f for 1967 can be concluded. It Advertisers have shown strong i. interest ever since they received the Sopportunity to utilise the Swiss e television channel on February I, t1965. During that first year, 427 s companies bought TV spots to t present a total of 538 products, with foods, detergents, textiles, non- alcoholic beverages and electrical household appliances leading the list. (Advertising for alcoholic beverages, tobacco goods and drugs t is forbidden.) Orders for the cur- Srent year ran about 70 per cent Shigher than the amount of time available and demand for 1967 is said to be bigger yet. An official said that even if the daily time limit should be extended next year all orders could not be completely filled, though he conceded that some companies asked for more time than they actually wanted in Santicipation of the necessary cuts. S Three language Sservices S Whatever the publishers may Shave hoped, business has obviously not been scared away by the higher Srates to be applied next year. A I 60-second spot shown in all parts of Switzerland will then cost Sw.Frs.7,000 (about £580) instead of the present Sw.Frs.6,000. Prices Sfor the more popular 20, 30 and ' 40-second commercial will also be raised by around 16 per cent The rates are scaled for the thas : language areas of the country and I combinations are possible for any two of the three language services. SA one-minute spot televised in the t German-speaking part of Switzer- land, where about 70 per cent of the country's 6m. people live, will t thus cost Sw.Frs.5,600 next year, i while Sw.Frs.2,340 will be charged Sfor the French-speaking or Italian- : speaking area.",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "The Newspapers Clash with Industry",
"paper_dcterms_spatial" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0005_008",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "From Our Own Correspondent n/VKTM c--» 11 MR. GEORGE BROWN, the Foreign Secretary, will visit Bonin o Novem. ber 3 and 4 for talks with Dr. Gerhard Schroeder, his German opposite number. .-M visit win takiee It t--- Icint-on October . 0.'of b aj:- , to l k tif t!r , w. - - S the foreign 4c10nalpCosts-ot ahine Army. Since it is improbable that that meeting-will arrive at any irm recommendations to the two Governments. offset is expected to ae ghigh on Mr. Brown's agenda I v Bonn. ;. ' .a~attt of Bitish and German t preptf for the Ministerial Mtmto-d0n began in Munich I 'dring to-day.\"It1s 'expected to last BONN, Sept. 12. until Friday, when a report should be ready for the Ministers. The British representatives on the Commission will be led by Mr. James Callaghan, the Chancellor of the Exchequer, and will include Mr. George Thomson, Chancellor of the I Duchy of Lancaster, and Mr. L. K. O'Bren Governor of the Bank of EnelaniL",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Brown to Visit Bonn in November",
"paper_dcterms_spatial" : "National Daily"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Concord Output May Be Raised",
"text_content" : "By Our Air Corrpondent Production of the Anglo-French Comaord npaqan e ar liner may be raised from the planned three ircrafta month to five a month, to meet pressure of demad for early -3--u--- ' delivery. This was revealed yesterday by Sir Georpg.Edward managing director of the British Aircraft Corporation, when e delivered an address on Anglo-French collaboration in aeronautics to the Royal Aeronautical Society's Centenary Congress in London. nc5VUauUiit u»*» o \" â¢--- - Sir George said tmat the urst Iwu years' production was already allo- cated at the rate of £200m. worth of aircraft a year-or three air- craft a month. But to increase the rate to five a month would have two benefits-a big jump in turn- over, and almost certainly a big jump in sales. \"This is a question of making the maximum bonus from our lead time in the supersonic field,\" *Sir George declared. \"Such an increased rate, however, clearly involves further joint initial outlay, and these things are now being Searnestly considered on both sides Sos the Channel.\" Last week, it was reported that the two Governments were now estimating a total development cost for Concord of £500m. (or £250m. each) by 1973, but this figure is understood to be still based on the Sthree-a-month production rate. Rapid Progress Commenting on the progress with the Concord, Sir George revealed that to date 90 per cent. of major structural items for the first proto- type, 001, had been made, and 78 per cent. of those for the second prototype, 002. Of a target to first flight of 35,000 manufacturing draw. ings, 29,600 have already been issued. He claimed that while the Con- cord had been described as a \"pres. tige project,\" in fact it was designed to make money, both for its operator and its manufacturer. He quoted the conclusions of Trans World Airlines, which had ordered Concords, as confirming his claim. TWA's estimate was that, after spending $142.5m. on a fleet of six aircraft, including spares, and operat- ing at a 55 per cent. load factor with 121 seats, and a utilisation of 10 hours daily, the Concord would earn a profit of $2538m. gross in a year, or 1l Am asftter nterest and tax. lrep. I C 5t -1.4m a r t t a -me enting a net return on its investment of 16 per cent. Discussing the Anglo-French Ja jet strike-trainer project .Sir said that drawings covering over 1,700 parts had been issued to the manufacturing shops here and in France. Prototpe construction wa advancin and we look forward to the first ight 1968.\" As to the projted Anglo.Prench variablegeometry icrft Sir George said that \"the conmno propo-sl or October, 1965, ha'hbee conrmed M t. all the sbseuent answers by both companies to official questifonnaires. A great deal of thought and wor' had gone into the design of this air- craft and when the task concerned had been defined. \"our cooperation with Dassault has been excellent.\" Referrin to other possible Anlo French joint projects for the futur, Sir George said he would like to see joint European projects supported by European airlines. \"I recall that at the Air-Bs Symposium held at London Airport in October, 1965, the airlines of Europe were expressin toncem at bein, left to the mercit of the American manufacturers. \"I see little sigs. of them doing anything about it, and 'it seems to me that BEA are liely to be the only major European operator not argelv committed to American aeroplanes. Derision-making The Duke of Edinburgh, addressin the Congress as Honorary President of the Royal Aeronautical Society, sai that while international co-operation had been surprisinly successful at t technical level, \" te system of ficial cooperation and decision-making still seems to be a bit vague. \" If it is important to see that avia- tion is fitted' 'into the national economy in such a Way as to enable it to function most eiciently, it is even more important to work out an international structure which will en- bance and encourage the chances of success, rather than frustrate and rdeift tiTm.\"",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0006_001"
}
,{
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "How do you design a 'Millensimus'? It, fS :i ·~\"I'· ·I I;~·I· I ~n i·* i C' -· :. · ·:: r·.·.; ,, ,i * ..* 1~vI'* d iC r 7 Hawkor from Mt Diesels I K.tyW quipmou Thi a But I product M4 ~, I, ,J~. ~I~UJLLJJ~L I . '' t, ·. ~. .. ; · ,v i ·;·~~ \" ' ' :· ' 'i '· ' \\ · ·, . ~· I~ ,, ·,, · i ''':' ,,I;;$\" ~:~Lr IYIIWr~j· I I yl I·I( I ' I i I! \" ', '. ^ .I X . .· â. ,:i.. . ~.,â..., .. :..'ll *,..r.~; ,iS .^ ,^ik~ \"~' i\"'",
"article_dc_title" : "Hawker Siddeley",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0006_002",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0006_003",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "Ai arthd'g imprmrlo of tbe hoverport wýhch ioverloyd propomss to buld onI tl foresore und.er th dus at PeFwdea ay, Mnear Rhn te. Agreement has been readied wrM Rnm te Concll and piaennI approval is now being sought from Kent Coumnt Cooncdl Prdhnlltary plans Include a rtanding apron for the hovercraft, a terminal bilding with paWgr reception hall and restaurant, and the usual port fadllie..",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "An Artist's Impression of the Hoverport Which Hoverlloyd Proposes to Build on the Foreshoe under the Cliffs at Pegwell Bay, near Ramsgate"
}
,{
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "CEGB Project Aims to Cut Cost of Reactor Fuel",
"text_content" : "From Our Scientlfc Corespondent BERKELEY, Gloucester. Sept. 12. One of the most important projects in aaid at the Berkeley Nuclear Laboratories of the Central Electricity Generating Board is aimed at saving at least 2 per cent, and possibly as much as 5 per cent., of the cost of fuel to be used in Britain's new advanced gascooled sctor power stations. Over the 20-year book life of each plant this could mean a ut of from.£1m. to £21m. on the £50m. total fuel costs for eact eactor. i Potential saving in the expected 30-year life of the 8,000 MW of plants in the second nuclear pro- gramme is put at £20m. This saving would be achieved by modifying the composition of the -nuclear, fuel so that the first loading could be left in the plant for four years instead of two. By analogy, a car started on a cold morning needs a different compo- sition of fuel-through the choke system-than one that has been running for some hours. The modification to the fuel is the addition of a certain amount of \"poison\" which absorbs the excess of nuclear particles. These would otherwise make the reactor too power- ful, more difficult to control and more complex in design. The poisons are destroyed after a period of time durin, which the power of the fuel a :h ko en of ess ild er-. ire ire me nel dreo? to more easily controlled levels.. The work is fairly well advanced and may even cheapen still further the power from the first advanced gas-cooled reactor, Dungeness B, now put at )AS7d per unit. Staff at' Berkeley are to-day prepar- ing to receive 130 guest physicists from the U.K. and abroad-including Russia-to discuss the difficult prob- lem of measuring the extremely low levels of radio activity such as those surrounding nuclear power stations. The conference is being organised b the Institte of Physics and the Physical Society in onjunction with the CEOB.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0006_004"
}
,{
"_id" : "FTDA_1966_0913_0006_005",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "has 4bne1mctesuoceI5Ti n1 inanriat i'-trt,1ur. P.P -.r eople, the .U;s.i iqtaoluB sh-: of-m rket .in internationalttriade about s fast as thi U.K., -ad its ex. ports are rising at a much slower. rate than.domestic demand. On the other .hand; recent studies show British industrial costs notto be out of line and British industry remains tech- nologically proific. The British tradep srplus with Germany is surely evdence of competitive- ness. Inadequate Access However, Britain's politicians' have failed to maintain reci- procal or even adequate access to world markets for British industry. For instance, the US. imports only 3 per cent. of its G.N.P. against nearly 20 per cent. for the U.K. Hence British industry lacks the advantage of relatively long runs and extreme specialisation. Furthermore, the resulting trade deficit represents a constant drain of working capital re- fleeted in a permanent tendency to deflate the monetary base of the econmyA This results in sui , sbas hwu]Bitishni ustnc ial -,-racture .P.o»-.ttdeple, the, / .U;s. iata .. .hae. of-.tmarket .ina iityrntto nre for prost sa Onthe othey Thand; recent costsnaot to ibe out oflite and⢠low operating rates, withrmany is sequent lacki of compexibility ive ness. output. The cnsequences are 'However,:.Britain's politicians' hive failed to maintain reci- plack or even adequate ccumulation to world tal rkeunds for British credit ry For expansion and tnnova U.S. imports only 3 per cent. of its G.N.P. against nearly 20 per cent for the U.K. Hence tion of industry and expansion advaof personal consumprelatively on-the runs and etrements in ecialisonomic rowthermore the ul trade Theseficit restprents are reinforcdconstant drain of working capital re- by lehort-sighted in a permanent tendency tor and Canadianeflate t monetary debtor policies. Canada conesults in inability to price for profit at low operating rates with the U.Kcon sequent lack of flexibility in into dollas to onqunance s huge delicit with the accumulation1964 othis amounted to 644m and ln credit for expansion and alnova tion of industry and expansion of personal consumption-the vital elements- in economic growth. , These restraints are reinforced by short-sighted American credi- tor and Canadian debtor policies. Canada converts Its sterling surplus with the -U.K. into dollars to finace its huge deficit with the U.S. In 1964 this amounted to $644m. and in 1%5 row to the alarming !^ .^%'\"1'^ '\"; :,* *:.', I Y'` i r i r I i. s amount of Sl,023m. By the U.S. t insisting on ttleient with e Britain in gold at the 1934 s price. Britain receives far too a few dollars for its gold while Sexcessive - Ameriead .tariff. Squotas and other import restric- Stions prevent additional com- a pnsain earainas. 'Thus the Sout ofiltion fster tha i- the U.K. can replace it. It w\"a this effect, -oupled d 'ith British adherence to Free STrade in a protectionist world, Swhioh were major causes -of the ' 1931 disaster. he present bur- t din of imports relative to ex- i ports is a direct result of a S.cobtinuing political failure to s get the historical legacy of an I open nonself-sufficient economy structured to the good creditor S policies of sterling (free trade and an import surplus) equit- \" ably adjusted to a deficitary . position in a protectionist self- sufficient world. - Understandably. perhaps. Bngland's politicians of all par- .-ties blame industry. (For -x- ample. they absurdly denland is- unilateral reduction of tariffs.) i-. If, instead, the facts were to be ss moreclosely analysed and reme- th dies sought along the lines indi- ie cated, more constructive and it. rewarding policies would emerge ly than those evident in conserva- :e tive nostalgia or labour's con- es fused purntanism - confused ig because economic growth must n. mean more for everybody, not Io less. at In sum, it is not British indus- e. .try but rather Britain's politi- S cians who need modernising of before the £ can rise from its in possible Procrustean bed. at MALuS L. OGaAsu. n- 60, Broad Street in New York 4, N.Y. re n Change in Austrlia ra- Sir,-Having just returned on from a five weeks business visit he to Australia, I should like to lic comment very briefly on certain aspects which may be of interest ed to British- industry. Obviously, di. in a brief visit, one can only get or a superficial impression, but two its points struck me very forcibly K. after an absence of 18 years. goe- Firstly the whole character W4, -and atmosphere of. the country in has been changed by. the Imnn- ng .gration that has taken place. .L 1 J LJ.IAAVJL.LW, ⢠! *- tc~ ~f\"t~cUr\"BaPbrews br·li'gveats. Firstly the whole chatactet iii, ~ -~a4d atmosphere df:the country m has bseae~laagec~bv-uic~mmt· ng. .grrtion that ha taken pIaCe, S. Naturally this has led to some h problems, but contrary to the S stories neasometimes hears, the )o newcomers seem to have been ile absorbed very successfully, and f t, are making an immense contri- ic. bution, economically and cul- m- turally. to the country of their he adoption. cy . My second pointis that, while an Australia has to work out its own destiny and take its own d line in foreign policy and exter- ee nal relations, it still looks to Id, Britain more than to any other he country for industrial co-opera- ir- tion and support. Practically Ix- all the new Australians come a from Britain and Europe, so to that, despite the undoubted an impact of American big business. my the Intagible, links with Euro- tor pean civilisation are stronger ide than ever. it- O.ne is left with themhpresulon of of a country that is maturing rapidly with a buoyant and ex-. Spanding economy, and a well- P* balanced population that is pre- a\" pared to work hard for the ex. future. Even the problem of mnd water can hardly prevent Aus- Is.) tralia becoming a major world be power in course of time, and it ne- will be a tragedy for Britain if 1di- her economic position prevents md her investing on an increasing rge scale in this wonderful country. va- on: T. W. STANER. sed The Poplars, lust Horsmonden, not 'Nr. Tonbridge, Kent. ius- liti- Grain Seed. ing its Si,-Your otherwise well- informed article Sales Battle L in Grain- Seed (September 9) does need correcting on one point: It was our company that pioneered collaboration with i- Continental breeders. We intro- duced Bersee wheat which helped ned boost Britain's grain production visit during the war and, later, intro- Sto duced Cappelle which, as you tain rightly say is still the leading test winter wheat. Both of these sly, were promoted with Continental got Breeders' Royalty arrangements two long before anyone else in ibly JOHN G. KEELING. -r Managing Director, tr Elsoms (Spalding). Iml- Elsom House, ace. Spalding. ⢠. , . . + . , . 'I",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "U. K. 'S Trading Deficit with N. America"
}
,{
"text_content" : "By Our Political Correspondent Committal proceedings before magistrates are .to be substantially streamlined-and their reporting in the Press curtailed-by the wnrrvarn t' n crmn Cri'minal unstice Bill. Details of this and other pro- poeed ohang in the law were en last night by Mr. Roy enks, Home Secretary address. ing a Labour Party conference in Hounslow on\" Crime and Society.\" He said: \"I proposed that the prosecution. I they do not desire committal 2rocqpW,.,Ww I[. s6eye on the -iacsea\" ople of the siate- ments of proeecuton witnesses. If, having seen the statements, the accused does not wish any of the witnesses to be called to give evidence orally, he will be brought before the justices and committed for trial on the basis of the written statements and in much curtailed proceedings 4,Saving Police Time Justice Bill. to this measure, which should be law by next p~ he said, included a much tightr ontrol on who may operate a club, mudc preaer powers of poice entry and nlpetion, a ban n lub i ga profit out of the Pa a a ban onn credit gaming. conduce so clubs would nave nothing to fear. A slmple restra. on se woud apply to a jenune mVeAug whn gmusng was t Me. Jenkas commented: \"Tlis I coutry has become a gamblers' iparadi tmore wlde.open than a bou othr comparable country. What I or thecl and c growo . Ing connection btween aming clubs SorgaMnisd crme-oftoen violent- In onaon and otor big cities. The inat tgoo made by proprietors a m 30M dttL stsptJ for pr. itoo k,. amin on crdit, wlt gamng debtas unenforcenble at v law, ma mthat arongarm methods aor mmN used to extort pay. Shotgun Purchases L wnum--The Home Oflce, he ,a id,wa drawd ing up plans 19 rstrit Iof shotsuns. 195 w tt pons larFjy un. i, htol thy et Odb be ought \", M adde', t the ollna O f of 0\" e nt1 aP it cr n or poi.c Bitlrt Irail tand s 1 butwnise On IN armt i * rotrIa I&rnot GO",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Government to Streamline Committal Proceedings",
"_id" : "FTDA_1966_0913_0006_006",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0006_007",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "ina Busingsu Equip. t Mx lon hire to.*dy, yaq plyed B iii t Son\"tI MleIM tmW Mu »! tln NIi I 'a wol Io ovtUon W.",
"article_dc_title" : "Brezhnev Sees U. K. Banknote Counter",
"paper_dcterms_spatial" : "National Daily"
}
,{
"article_dc_title" : "Brit. Eagle Wins Route Extension",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "\r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t",
"paper_dc_date" : "1966-09-13",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0006_008"
}
,{
"article_dc_subject" : "article",
"text_content" : "; The ruia dry, du y.f\"!ii toow Inorluem In tur over In compard wifll the Sme mo t t yer ;oralno to ed yesterday tt f lurnovtr y l. l. Ml tur a er thIn cl Y tM i. oth o n wa ls I 'w r me up O per , mom Iin eanteen. 4 per Into In restourant. niloesf, etc.3 O@ \"i'n ubtil houses, and \"'Lprwmaed hotels apd,",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Turnover in Catering up Again",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0006_009",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0006_010",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "' ACCRA, spet. 12, \" tso w wor Pgn",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Ghana Court Reforms",
"paper_dcterms_spatial" : "National Daily"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0006_011",
"article_dc_title" : "Jamaica",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "forthe rich enjoyment of thefinest % We're in good form to produce all shapes and sizes of PiASTICS I18 Oat in touoh with the lively lads at goal IVt LarIval UmItd ittle Lever Bollon Lince _ . i l . ll I I i I I i - \" \""
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0007_001",
"article_dc_title" : "Vorster Backed to Win Election",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "From Our Diplomatic Coerre adent CAPE TOWN. Sept. 12. The caucu of te Nattonal Party win meet ber teuorrow amornig to elect a new leader who will autmtically be caned on by the State President to ecceed Verwoerd a Prime Minlter of South Africa. The race is between two men-Mr. B. J. Vontr and Mr. Ben Schoeman-but late to-night Mr. Vorter's election had hta a rtidal N ari,nt become a virtual certainty. Mr. Vorter, who is at present Minister of fustice, has proved himself tr strong -man of the pa. thermore his election w bel fair result in that it would rct the popular support he undehbly enjoy in the con- stituencies. Very strong pressure was being put on Mr. Schoeman to-night to withdraw his candidature so that Mr. Vorster would enjoy the prestige of a unanimous election. The news of the London stabbing of the South African consul will in the present atmosphere, harden still further Afrikaner MPs' de- termination to choose the toughest man available. It is inside the caucus that his popularity is less evident. Im- mediately after the assassination Vorster made is clear that he was bidding for power and it quickly became clear that any struggle would become a test of strength between preferences of actual party bosses and actual voters. Mr. Vorster has only a few real supporters in the Cabinet and the older leaders would prefer Mr. Schoeman, the Minister of Trans- port, who is a middle-of-the-road adminisator, ouh and eficient, and enerally wellikd. Both men are from the TRn=nv; the Cape has no hope of provdin the next Premier because Dr. Dogps, the Finance Ministe is too old and Mr. P. W. Botb- the Defence Minister, is too young. In theory, Schoeman would have a good chance of victory because Senator de Klerk and Donge two senior leaders with reat influence, are both likely to prefer him to Vorster. Moreover, young, ambi. tious leaders are liely to spport the older man who would probably step down after ten years at the most. Division of Power If it is correct that Vorater is going to win, it can only be because the older leaden have decided-for whatever reason-not to throw their full weight against him. This may, of course, influence the future division of power between leaders. ( ever wins, a major Cabinet reihue is not expected until the end of the present Parliamentary session.) If Vorster is elected the Nationa. lists will once aain have held to the tradition of rejecting compromise and choosing extremism.",
"paper_dc_date" : "1966-09-13"
}
,{
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Conespoadent MEASURES designed to cut pro- duction costs, curb. domestic con- sumption and increase exports have been announced by Mr. Pinhas Sapir, the Israeli Minister of Finance. This followed Sunday's economic policy statement by the Prime Minister Mr. Lev! Eslkol. The new measures include an increase in the maximum capital gain tax from 25 to 30 ,er cent a redction Dn. the .for travel allowance from $SO to p.0 er .^ ..â. . . -^ ^ - TEL AVI, Sept 12. trip; and a cut in deductible busi ness expenses. There will also be an examina. lion of bank and insurance com- pany commissions with a view to reducing them by 10 per cent. and -osideration of an increase from 25 to 30 per cent. in the income ta deduoted at source on the dis- counting of bills. The Minister expressed the hope that_-wfthln a year or so a lw sott legal ahanlua lansstr aits *i11 abolished.",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Israeli Bid to Cut Costs and Raise Exports",
"_id" : "FTDA_1966_0913_0007_002",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0007_003",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "Where there's a willthere's a way 'Inmn m ,MFllimnanagti I ft. lt If he want p geot anywhere with u hell have make avery determined effort, It ln't say:vt beoom eone ofthe *xperts on whom Krauss M fI', HPeslatiop dleendsmene of the key mn who devote ' hi ,llkjir Wt ledge to maintaining turmotto with very product : JAPMUNCHIN I' 4. CE tI. ty,. \"I '~*I L'~ ~ I-., I -iiLFYlli~CI*;-qr~l~-i·i·----------~rCI j· ~· ~.:··· · · ~· ··· 1 ;'\";· 1, ·. 'i ·, f . i )&0kM ',I 'L !', ,, ' r . ·I",
"article_dc_title" : "Krauss-Maffei AG Munchen",
"paper_dcterms_spatial" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0007_004",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "The acrh pitma and radial stacker at Mount Golsworthy, Wstern Autralia, Ion ore mne The stacker is c apabl of stock pila 80,000 tons of iron ore. - \" ' '",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "The Crushing Plant and Radial Stacker at Mount Goldsworthy, Western Australia, Iron Ore Mine",
"paper_dcterms_spatial" : "National Daily"
}
,{
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Corroepoudeat THE RULING Congress Party will seek to pursue its present in- dutsrial and economic policies of expanding the public sector, check- ing monopolistic tendencies and widening the area of social con- trol of trading according to the Party's draft election manifesto. The 18-page statement does not make any radical departure from the present economic and foreign policies of the Government laid down. in the party manifesto of 1962. It will be placed before the rank and file of the Party for a full dress debate at a two-day session due to be held on September 22 in Kerala state. Industrial policy will continue to be based on the resolution of 1956 which earmarks specific industries for establishment in the state and private sectors. Emphasis is also. placed on decentralisation of industries and encouragement to small scale and new. entrepreneurs. The manifesto reiterates that \"the policies and programmes would take the country towards a Socialist society where the principal meas of produc- tion would be progressivly speeded up, raising the standard of living of the people and ensuriva equitable distribution of the national wealth.\" Beyond this general enunciation. the manifesto does no, spell out the specific memsure of .ponue of action. There are, 'OWever. some recommmendatios like the. impositin ofaem r r inco es Its~~~ C t~s a.~~v distribution of house sites to the poor. The efforts of the left wing o the Conpress to include specific proposals. Particuarly for bank nationalistion, nave-not so-far succeeded. Actually, the drafting subsCommittee with tih Conyress Pe _d nt Kamaraj and Prime Minister lndira Gandhi as members, .favoured specific mention of bank nationalisaton, but onl to attract the wrath of the vocal right. wing leaders. The manifesto is e. pected to:avoid a forthright statement on the issue, but at the same time :lav elbow room for the future NEW DELAI, Sept. 12. Government to take over commercial banks, if it is considered necessary. The draft manifesto speaks of t;h revival of the movement for self reliance, reducing dependence on fordign help and maximising utilie- tion of idle industrial capacity. Agriculture is assured of a new deal and first attention will be given to enlargement of the public sector for .ideological and tactical reasons. Con. \"centration of wealth in a few hands is to be prevented and better imple. mentation of land reforms is to b undertaken.",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Indian Congress Manifesto Reaffirms Socialist Aims",
"_id" : "FTDA_1966_0913_0007_005",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0007_006",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correspondent LAGOS. Snt I1 LIEUT.-COL. GOWON. head of the Federal Military Government of Nigeria and Supreme Com- mander of Armed Forces, said to-day that it would be economic- ally and politically suicidal for Nigerians to harbour any idea of a complete break-up of the federa. tin. Lieut.-Col. Gowon, who- was addressing the opening session of the conference on Nigeria's future, pleaded with the delegates: \"Let us not allow our country generally referred to as * the giant of Africa' to become a flop.\" * He wrned delegate to rule out ,yntw wrawusB- ujolrr «uomlniwnP-, a complete break-up or a unitary system of Government. Instead, he directed them to consider four sug- gestions: a federal system with a strong central government, a federal system with a weak central govern- ment, a confederation or \"an entirely new arrangement which will be peculiar to Nigeria.\" Winding up his address, Uent.CoL Gowon warned the conference: \" If we should fall to raise once again the sincere hopes, of a united Niia emerging as .the economically and politically strosnpat wad most .table country In Africa: it .wuld be bet- for as not to d. a for dt ch we would b fe tdons.\" - 41. c~.",
"article_dc_title" : "Nigeria Starts Search for New Constitution",
"paper_dcterms_spatial" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0007_007",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"text_content" : "By Our Souathat Asia Correspondent TAIWAN - -1CE a Japanese coloOy and now undergoing a ftsurgence of Japanese economic influence--inevitably reflects the :«a eho*oa in Jsapr as to the cnoitic-effets of a possible end to the VietnPm r within a couple o 'yeart: Japanese businessmen apper to feel mid-1968 is the most liely date, and they are by no means happy that they can shrug off the loss of war-orientated export markets. ' Taiwan has not committed itself to thl trade to such an extent as japa=` b.tt it is none the less in- volvd in the general trading pat- terin which would be upset by an outbreak of peace in the Par East. The most ineresting medium-term development in Taiwan's economy this year has been the emergence of textiles as the best foreign ex- change earner, a position formerly held by sugar. The mountainous sub-tropical island with its 12m. or so poplation suffered badly from the world price fluctuations affect- ing its sugar sales in recent years. Bananas seemed a promising candi- date to replace sugar as chief ex- port crop, but most of Taiwan's bananas go to Japan and the Japanese importers have driven a hard bargain. Thus,,. the new concentration on textiles represents to some extent the familiar weariness of under- developed countries with depend- ence on fickle agricultural crops. However, about a third of Taiwan's textile fibres, fabrics, etc., go to the United States, and if Hong Kong's experience is anything to go on, American demand for tex- tiles is closely related to the war boom. Robust Chemical Industry Another robust new Taiwan industry is refining and chemical production. Much of the export demand for this industry-for instance for polyvinyl chloride sheeting-also stems from the war. So, probably, does part of the need for electronic components, which are now being widely produced in American - financed plants in Taiwan and shipped back to the United States. o aiwan's export economy 1 so a largely orientated towards Japan a as well a the UdvEi Strals that e a Japane recession caused by a e fall-olf in wnr demand would d seriously hit mnyi idltstries. e FortunAtelythefood caning busi n, ness, whi has.bo shipping out it -huge quantities of the delicious a Taiwan mushrooms, pineapples g and now asparagus, to North I America and Europe is not likely to' be affected. f Undoubtedly the' war boom has s cushioned the end of American aid for Taiwan-though in fact the l effects of the phase-out will not f be fully felt for a year or two, t as the aid in'the pipeline also dries n up. Taiwan can continue to expect v shipments of American surplus a foodgrains if it needs them, though \" the Americans may insist that it y virtually abandon its lucrative sales s of home-grown glutinous rice to r Japan. It is also already receiving sizeable sums of American private Sinvestment, particularly for the chemical and electronic industries. s Infrastructure Well S Developed The big question is whether Tai- t wan can continue to attract enough investment and in a wide enough . spread of economic activities to .continue development at its recent s pace. Already, the infrastructure is well developed by Asian standards, Sand the World Bank has made loans for further work on the roads Sand railways. The Government has r a large reservoir of investment ex- pertise but if private investment is to be attracted over a period of years it will be necessary to keep labour costs at their present very low level. This will be increasingly difficult as shortages of skiled Slabour become more acute, though I there is still a big under- t employment problem in the r countryside which can help supply the unskilled industrial work force for some time to come. I The obvious source of capital 1 should be'Japan, but Japanese pri- Svate investment so far has been Ssurprisingly low-estimated by the Economics Ministry in Taipei at only about SlOm., though there o may be almost as much again in n concealed investment. .The Taipei it Government, which screens all a foreign investments, may not have' 4 been keen to come completely into . the Japanese economic orbit until i. all other sources of capital had at been explored to the full. I Rigid Political iy Stance This Government. after all con. \" tinues to regard itself as the legiti- \" mate Government of the whole of Ae China, of which Taiwan is merely t a province. Its political stance is 3, rigid and extreme, and it would be ' in a seriously embarrassing posi- \" tion if it were at the end of an economic leash held by Tokyo. h whose political attitude is in- it tentionally ill-defined and whose M great commercial ambition is to 0 open up trade with the Communist g Chinese mainland to a much e greater extent. e At the same time, economic de- velopment must continue to be a main concern of Chiang Kai Shek's regime-his prime slogan is: \"Construct Taiwan, regain the mainland.\" The two aims are closely connected, for the National- Sists consider it incumbent on them. h selves to show that their rule is h more successful economically than Sthe centralised effort of the Com- t munists. What infuriatesthem most ' is the Communist charge that they , have been built up simply by mas- Is sive American aid. This is one reason why Taipei keeps up a Smodest but rather effective pro- t gramme of agricultural aid in small ,f African countries. The other, and more cogent, reason is of course P the need to keep Peking out of the y United Nations. d The Chinese consider themselves h particularly well qualified to r- advise other developing nations, ie but their enthusiasm for the pre- y sent moves towards tighter regional e co-operation in South-East Asia is rather tepid.' Perhaps, the il Nationalists feel that to divert their i- attentions in this way would be n an admission that they could never ie return to the mainland, an opinion it which no Chinese official in e Taiwan would ever express openly.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "An Economy Apprehensive of Peace"
}
,{
"article_dc_subject" : "article",
"text_content" : "By Our Foreign Staff A PROPOSAL to build a natural as pipeline from Mereenie, in Australia's Northern Territory to Newcastle, in New South Wales, throut h Adelaide and Melbourne, was outlined yester- day at a confeence in Sydney. The proposal, to cost about SA400m. (£1m.) was described by the resi Ce o~~ -d Itbens~ i would follow the railway line from - Oodnadatta to Adelaide, drawin- a additional supplies from natural gas fields in South. Australia on the way. SFrom Adelaide the ppeline would rI Sto Melbourne. linkig with a line . from the Bass Strait field, then on to SSydney and Newcastle. It woulI Ssee C~~~ rad other major cities Sand tow eirput. It could prob .«blba.y b'e d o Brisbane, where ,.t vaul e with the pipli *ro% Is rlMa suc a ppeln Mr. h4Matber tnduat such a pipeline network could sell natural gas energy at half the price of electrical energy. Reuter reported yesterday that West Australian Petroleum had announced the recovery of gas from the Dongara No. 3 Well at an estimated rate of 3.2m. cubic feet per day. Plans are to drill ahead and then case the well for testing. Dongara No. 3 Well is approximately three-quarters of a mile east of the Dopgara No. 1 Well which produced ga at the rate of 7m. cubic feet per day in July.",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "£160m. Gas Pipeline Proposed for Australia",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0007_008",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"article_dc_title" : "Swissair",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "\"Going into Europe\" on business or somewhere \"East of Suez\" for the same reason? then put a lot more visiting cards in your case-when you fly ±ASWSAIR w !,i.·~I· ~vi~w· m ,.'p, Every day of the week the Swissair Je the latest DC-9 which provides an add Zurich, Journeys onwards to other pi Swissalr Jet fleet: pa ls the rest of the a week the Swssailr Coronado head\"* men in search of business opportun armchair comfort-over half the seats seating. Many have espeolilly chosen Swisalr trip feature\", a feature even more Imp iPlA#Iane ThoU 1A A t 4Irt sS In Aj 1M O IiASad ~~ ·:L; .\"'i~:· '· .;· i~i~~~i~( :~ ! * .. 16 ý I ý? ý %I I I â¢lrr~lvlr~ I,, Iv y, I 1, 1 %1 i sIN ar , I ifr IsvlPi llr I WMOWt11 I! I, IV %I\" , Ir)TW only additional coat is your oxtravsalting d able aide tripe art without extra farl: For l i to Tokyo via Karachl, Bombay and BangKob1 * Madras or Penang may open for you new prof tab0 ll you to seryloa exlating onas without paylng Qliorifrie« Aloh. :aperP work Is done ty Swigaalr, of course. No deduction In your Business Travel Allowaqie will be n*lwlýrn you purchasq your Swisair tlokets for your oomplotgJeuoMy btef you leave, In thls way your full allowanoq o lc 0 por di~ ! (U(Clmm of £1,200 per journiy) i available for p eronl Oxp@dtftWre YOuf Travel Agent, or any Swissalr offlc willl' bi ld t al!t s ,$'1 arranging your itlnerary, , '' , And elsewhere In any and every Swlssair alrlift 0i lnj M)TllrI ei a cargo of watchaa, pmeraso, jdwellery, medldltheri *oiil name a few regular cargo Items that alo' 9ph6oie travel w~)t Swies cara,, So wherever you are going on bualness (or iuure), you ow I to yourself to fly Swilserle Remember for fllghtlo Bl.Al d Z.rl' h and onwards within IurOpe you enjiy thl P\",l lppfr d byrted Caravelle and to otharparts of the world fu the SwI Coronado as wellls lh D.C'S t your sprvl,, , »»»»»MM~w»»Lru^ ifyou ASS the I mmmummmm PAIISTAN INDIA or SOUT AMERICA.. .... po yoursev-..fly+. WIssAIRI 111.1^.^^ ^^^ ^~l^.^",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0008_001"
}
,{
"paper_dc_date" : "1966-09-13",
"text_content" : ",S',iaxport Credits Ouarabt;- espartment yesterday signed a .Laj'p rlnuarantee providing for fnannof food proceessin miut ?faor Russia. T-h mbulppmat consists of units \"i rfTin vWgetable oils used in -t trialuracture of margarine. A. Johnson and Co. (London) anO Technoproniimport. Moscow, re the two organisatoas concerned in the 2.9m. contract. .Thb loaq is for £2.3m. and i- eing made available by Barclays Bank and the National Provincial Bank. . ECOD has now sisned six sinan- cial guarantees for Russia with a total loan value of £40.4m. cover- ing contracts worth £50.4m.. since Uarantees started in 1961. Total ,usiness done so far amounts to £239m. on 41 contracts, worth £308tm.",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "ECGD Agrees to Russian Deal",
"_id" : "FTDA_1966_0913_0008_002",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"text_content" : "PEKING. Sept. 12. A CHINESE official warned at the opening of the British Industrial. Exhibition in the North China city of Tientsin to-day that support of U.S. policy in Vietnam was an obstacle to Chinese-British trade. Han Wen-Hsiu, acting secretary- general of the Tientsin branch of the China Council for the Promo- tion of International Trade, said: \"The Liabour Government has set obstacles by bupporting the Johnson administration's peace talks fraud\" on Vietnam. But, he added, the exhibition would help Chinese industrial pro- ducers develop their technology, and British visitors would learn more about China. These two things would be con- ducive to developing understanding between the two peoples, Han said, MOBILE EXHIBITION As part of a drive to increase ,exports to Europe, Arkon Instru- ments, is sending a mobile caravan exhibition unit on an overland export trip to Germany and Holland. The exhibition unit will contain a working display of the companys range of flow meters. and indicators and liquid, pressure and depth measurement instru- ments.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "An Obstacle to Sino-British Trade",
"_id" : "FTDA_1966_0913_0008_003",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"_id" : "FTDA_1966_0913_0008_004",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "BARRY WEHMILLE. Machinery Company, of Bolton, Lanes., has in the last two weeks gained orders from Kenyi for its .bottling machinery worth £213,000. Last week it received one worth £70,000 from the City. Brewery of Nairobi, which was followed yesterday by another, worth £143.000. from Kenya Breweries, of Ruaraka. Moscow mission The four Mission to Moscow and the sixth this year mounted y by the Leicester and County. s Chamber of Commerce leaves s London Airport on Tuesday a September 20. D Dust extraction y Dustraction, of Oadby, Leicester, Shas won a £30,000 order for the design, manufacture, supply and supervisory erection of plant to be installed on Karmoy Island off the vw coast of Norway for Ainor Alu- d minium.",
"article_dc_title" : "Briefly",
"paper_dcterms_spatial" : "National Daily"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0008_005",
"article_dc_title" : "BMC Lay-Offs over Engine Shortage",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "%& Uý % JL \"U % Prom Our Own Cbrrespondent OXFORD. Sept. 12. A shCrtage of engines from the Brl`t1,I otor Cprporation's Long. bridge-' 'actory in Birmingham resulted in 622 assembly workers at M6rris Motors, Cowley, being laid off and caused a stoppage in the produbtlon of I -.litre car to-day., The assembly workers have 'ben tsked to report back for weot tomorrow. At thie noethbouring factory of Pressed Steel Pisher, Cowley-a subsidiary of BMC-250 car body workers also had to be sent home because of the engine shortap. ,A BMp, pokesman at Longbrldp OldJ,\" Ou to teething' troubles on !alpwla; recently Installedon engine rO0Utl, supplles of B Seri\"e glllniavWe been disrupted.\" The I\"0 wormkrs on production of Minis at Morris Motors, still laid bs because of last week's go41ow by\" sot men at BMC'I Tractor and TranurnuWors factory In Birmlngham, rIturp to work toMorrow, da BIMC eek . 0 0... «A^O >~A-L- 0ab0t,0 ,kigl at, the 'Wt^ydi ,'t . i4 l ' as h 1# I Well toWet I .rh inw wMr 0k ye*s >N g''STOPS Itwore, e 1 'i n flw! ONDO PRICK, RH I0UMDANCIES a aiwrtl)",
"paper_dc_date" : "1966-09-13"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0008_006",
"article_dc_title" : "Print Productivity Pact",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "0 6 woa In:iY~~ml II l'~I' ..I I .ii.i.i bhI.UII »bpj n nt, buiA . the * \"lW1- IT 1K' 2e 'mer I e * v ivOUv to tit, w h hr fn T flrt a wee rI sry.",
"paper_dc_date" : "1966-09-13"
}
,{
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "F-49mlOw \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t",
"article_dc_title" : "Britain Launches Annual U. S. Store Promotions",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0008_007",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0008_008",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correspondent SOUTH SHIELDS. Sept 12. Hopes of a ettlement of the long standlug row between dockers and members of the National Union of Rallwaymen at Tyne Dock, South Shields, now, rest.on a meeting expected shortly between executive members of the NUR and the General and Municipal WhuiaiT- Tt w aIin rMft AM Aftnk . I -, -kr, . ir ^i i.»«k Workers' lUion, Wmcn reepremnt lte docke.m Both dockers and NUR membeftlAre clliming the right' t drive fork-lift tjuoks bping introduced by the'Tyie Itprovmelen Commission in asinew ,mberbhandtinl.system at Tyne Dock.. TMi dockers are lolo 1Myli~gIim to another fork.lt ;ruok bow maa-4: by NUR meni W iahthiepat of th dok. . by NUR men Idn hothtopart of The NUR executive has lug gested the meting between the unlons and it Is thought that 11 might take pla'O later thil month, Strike rlik The National Joint Counoll ol the port tranport industry hai lready made an arbitration deal sion In favour of the dookers driv Ins t th ruak In the new timbel system but the NUR rluses to recognli thi, as It s. pot a mem bar of the Counoll and was not I party to Its arbitrion pr oeedlpg -Th tultowaor betweN'tte d.Aor Ind ths NUit mon pver,, who Ihoulc drive the trucks preventin the t T lyn .Imroyennt Comlmison from Sntrodumcng it onwcln, og ,wntoh It ~~Uope ,o t o membe( t.rlout the doL f nplement the arbitration Mddon l in favour of the doeors, Te current dispute follows on . aou tr ewhch d ro t from t treoubl whiak roh at , Albert dwrd Do orth Shhiei, ast tie end of aMy wbenaother trawan *ward of the Nat oD| J4ol t CouollU led to driving o qrkll StruR$akthnit dock bing tranlferred 4. from Nll men to do0 rc, .Thil u id a eivweeks sttrike of NU D .mmbmr st. both docks.",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Talks Soon in Bid to End Tyne Dock Manning Dispute"
}
,{
"_id" : "FTDA_1966_0913_0008_009",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"paper_dc_date" : "1966-09-13",
"text_content" : "SMOSCOW, Sept. 12. The flrt British Trades Union Conpre delegation to visit Russia In pactime lm ein 1924 arrived here townlht-for r fortnglht study tour, I 1- LWUy oUFre |t bufiir I i wreO fN o iwf aIn-u iw M ', i W04 0 r 0",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "TUC Delegation in Russia"
}
,{
"text_content" : "From Our Own Correspondent PARIS. Scot 12. SPIRITS are low among the 100 or so British companies represented here at the International Leather Week, some of whose stands the U.K. Ambassador to France, Sir Patrick Reilly, visited this after noon. Along with many of their com- petitors from other nations, some report a sharp fall-off of as much. as 30 per cent. in orders, inquiries and even attendance at the Fair, which ends to-morrow. Two main reasons are beins offered. First, there is a widespread belief in the trade that leather prices are on the way down and more advantageous buying terms will be possible in a few months. In the second place, all the firms I talked with agreed that the rising cost of money throughout Europe and Amierica was forcing com- panies to cut back on new orders and run down existing stocks. Leather fashion goods is the one section of the trade that seems to be holding out against the gloom prevalling elsewhere. Business here, I was told, was well up to normal, although it only accounts for 20 per cent. of the industry as a whole.",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Low Spirits of U. K. Leather-makers",
"_id" : "FTDA_1966_0913_0008_010",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"_id" : "FTDA_1966_0913_0008_011",
"article_dc_title" : "Restart To-Day at Steel Tube Plant",
"paper_dcterms_spatial" : "National Daily",
"article_dc_subject" : "article",
"paper_dc_date" : "1966-09-13",
"text_content" : "S ,CORBY, upt. I1. r ot rieun1ed today, me I oW, in thU ation of . triweo rth lul in Jtfl, oottpoW'tJICIIS H lWn1 __nmm t» e owtJ B O^ tn f trniilnl ot ritr ill .or w rtw FIoM\" LuAYSf OFF3'll0nrutJ 1M LAVYS OFF 30 r i io g wofIlt lrm m totulidbour forue,"
}
,{
"text_content" : "~~NA~ Dy~i bmpose oWaVe\\ Xi'i t' .. l. .Wtt, OBlby » l n ti tl id whle i»u ' ot i o gs rt i all exporters can g..to these lenaStq, there is ampe evidence c \\tbat ino cient advantage is bein n taken of pint as a vital aid to celeing. The large expmotng com- tl panies know of tli azdare wll- 1 1v Traditional London lamps, copies of which are now being made In zibc copatd steel and I plastic sheet. are within the r acu few year, expected to e dot the lawns and gardens of many foreig countries. t Developed by Mr. L J. Guy r of E. J. Guy Sunbury-on. Thames, the lamps are being , made primarily as an export t line. Recently he took colour c photographs and samples of i the lamps to Germany and France, where they aroused considerable interest. \"We could have taken orders during our various visits for 1,000 units or more,\" be aid, \" but will not flnslh i until we an n quantity pro. duction and I can guarantee delivery.\" A new factory has been bought and will be devoted solely to lamp production. Mr. Guy estimates that he will be able to sell 2,000 units to Ger- many and France over a period of twelve months. equipped 'and hIgbly-kfiowledg ble on tesui . but 0 Smaltr !1 r 'O hi tld off by!. pr the apfent ioleuityof produo- m- ids effetiva oreign - lanuae Hteratu ao cery lit=tle. o, 1 this particurar aipecof'epOft. n- There are divided views onft he lit need for ptldu.lofi alesliteratuM~ o s in foreign' languages. Some ex- c porters malntaiq at there is no tri case for wit-wt, otberssuggest or .* h t. lhiaih & ua _ .Mij M\"od . a1 effective- liteatore printed in hit' m , a mH rWt to t man who sayS e there i~ tai, t is knovn that a- his view s not. thared by Britaip' nimost' sU6 ftexsporteis,:all of P- .bom-nam w:ide use of well- at designed 1 seiga4language Plters' cA re, -in . , . Right Impression ' Acceptin the principle of e addressig our prospective custo- a mer in his own language is .not ' enough, however, for much det \" pends onthe quality of the trainsla. ( tion and production. It should be .o remembered that in the home market, literature may be provid- I ing as much as 10 per cent. of the t' =slling effort backed up by sales' Is men, advertising, exhibitions and' \" conferences, but effective literature is more important in the 'export market, where it may have to do 90 per cent. of the job of selling, B backed up only by the occasional Ig trade journal advertisement, or a bi-annual exhibition I Literatre that is badly trans- lated and produced fails com- pletely, but literature that is well , produced reaps its own. rewards. ne Britih manufacturer, for in- stance, has. produced complete, instruction manuals in two volumes costing many hundreds of pounds v so that five customers in one country can have them in their own language-and the result is a near monopoly of the market for a the exporter concerned! There is no mystique about pro- 1 ducing effective. foreign-language i literature-only good sense, careful planning, and know-how. Never- iheless, it is true to say, pitfalls The commonest mistake of: ot allowing enounk time, tatdo the job properly creates dificulties and results In inferior produdtions. Translation is the key to success and must be carried out by pro- fqssionals. It .is, best done by natives of the country in which the literaturetis to be used, referably Qspeone connected with; or.having complete knowledge of, the indus- ry concerned. This ensures not only idiomatic and technical preci- son but also accuracy of style. If the businessman selects his trianlator with care and givq him all . reaoable.. help-bacground ti-fetuie of his own and his com- rpetitors' trade literature, and. BSI specifcations for his industry-the ortter can confidently expect a sobd job. Designing for foreign-language printng is a hsgly specialed skill and a qualified graphic 'designer can mai Pe psible several interest- ing and effective ways of presenting multi-language literature economic- aily. To begin with the ultimate: eanh language could be produced as a separate publication, and a ;uefil tip hee is to print the title ii English in a convnieni place (for example, op the back cover -Of a booklet). 'Provided require- ments can be foreseen. cost can be =aved by designing literature so that blocks can be commoq to all abguiages and printed as a separate -n if .they are in colour. International In prestige work it may be a good idea to print several languages in one booklet. Thus an international scale of activities is put across in the best way: It is occasionally possible to produce a booklet in English and interleave it with pages, perhaps semi-transparent, bearing one or more languages. Captions can then be prited in the correct position w'ith the appropriate illustration visible through the interleaving sheets. Successful large exporters set up elaborate organisations to ensure accuracy and quality in their foreign-language literature. The smaller exporter cannot afford to st up a comprehensive' organisa- lion, but provided he'intends to do the job properly he can obtain all the help he needs to produce the right business-inducing article. The great majority of printers do not set out to provide this service and may take on an occa- sional foreign-language job as they would any. other job, but there are printers who can take the exporters' English-language copy and carry out:all the operations involved through translation, design and printing, to delivery on. to the exhibition stand, including. all. the necessary documentation, crating and transportation. The Board of Trade, Chambers v of Commerce, Banks or Trade Associations are sure to be able to provide the names of competent organisationb",
"paper_dc_date" : "1966-09-13",
"article_dc_subject" : "article",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "Sales Success from Better Product Understanding",
"_id" : "FTDA_1966_0913_0008_012",
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times"
}
,{
"paper_dcterms_temporal" : "National Daily",
"paper_dc_title" : "The Financial Times",
"_id" : "FTDA_1966_0913_0008_013",
"paper_dcterms_spatial" : "National Daily",
"article_dc_title" : "South Wales Coal Strike Threat",
"paper_dc_date" : "1966-09-13",
"text_content" : "From Our Own Correpondent CARDIFF, Sept. 12. A demand for a coalfield strike in protest against the Coal Board's aoceloration of pit closures will be made.at a special dqlggate con- ference oi South Wales miners on Thursday, It will come from the miners' lodges in the Rhondda Valley, where the trouble spot is Cambrian Colliery, eploying about 70), which Is due to close on September 24 for economic reUonIs, The miners there stopped to-day. and other lodoge are supporting them in their call for a protest strike. SMost Cambrian miners have been 0,oflr a.ltrnative employment at 'Cm pll1ry,. 16 miles away- whi.loy, ' ury, is an unreason. able ditanoe to expect them to travel. Mr. Georse Thomas, Minister of State for Waje has assured the miners that I0.00 now lobs were In propt In tht e coallnold, but as dvanno fotorlio have to be built, It will br our yeara before they are aviable At Ttjlamy's conference, the nea eI[|y of the National anio 'or Wneworkers will onll tor 0a wer Ot further pit closings u.nl nwW jobs are autually avail' T milN' leaders ar also to urso the oe We1t to take pit 9i060iIUI'4e Oe1t,,nt1 X tl Coal Dord's a nds nd'l to0 a nal i enttlelgto U wIt t TRANING BOARD FOR ROAD TRANSPORT Road tran4 por the I Judustry to be u|Vq a training oard un derthe dultrial Tr n Act o 964. Mr. Ray Ouqer, Mnlter of Lbour, yestlrdy l ai the necessary rder before Parle4 mefit Chairman ofthe Board, which aomes into operati onn Thluday, i M, Kenneth C, Turner, mal m SdIrector f enerl ndu 1aner1,. MembelVlelude MrI menatlnsiinilto. of eI Pedere. tlion id(Mr. P. ii. Ipratlngl ohief eitablllhmtnt ofller or London Tanenort Bo0rd o 1r . tpie m lmr_ Include Mr' 1, 0 , Ma n toM M i I nclude r",
"article_dc_subject" : "article"
}
,{
"article_dc_subject" : "article",
"text_content" : "Let Balfour Williamson take over the problems. You just take the cash Here's a way to do export business without worrying about payment problems and the risks of giving oredit. Simply finance the sale through Balfour Williamson and collect cash on the nail. Balfour Wlllamson will arrange It all. When you wish you can give your customers extended credit- up to 180 days for raw materials and consunw goods and up to S years for capital goods. All without any demand on your own bank credit. Balfour Wlliamson (a member of the aOctA International Banking Group) really knows the answers abiut credit problems in overseas countries. We have spelalists in our London office, and assoilate companies and reprentativeq In most parts of the world, We will gladly,adyvb on your problem, -- BalfourI WJIItamlon (EXPORT StW jIP MIMTID Roman Hous,, Wood 8trietLon E;ai:,C.2 TIl MIT 181.Telex: 22862 I ~ ~ ~ ~ - - II I ... III BI W SOVIET JOURNALS Subserlptlons for levlet stehnleal nd selentifli leurnals must be plised by November 20th to ensure reselps of the first Issue In 197, lend for It97 caitlegues ) All technial ,, selentific pellellised jeurnils, pepulor snd lltonry maaiulaes. b) Lurnals of Abstrets nad lallneorlnl DileiIs. qnh\"lteln lM|, NerthMnt. V _.___ A11fff0MA11ffn DD91VWK'^I- - --`---~-- --- I) ' ,, I - -------- ----- - -------- -----",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "Multiple Classified Advertising Items",
"paper_dcterms_spatial" : "National Daily",
"_id" : "FTDA_1966_0913_0008_014",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily"
}
,{
"_id" : "FTDA_1966_0913_0009_001",
"paper_dc_title" : "The Financial Times",
"paper_dcterms_temporal" : "National Daily",
"article_dc_subject" : "article",
"text_content" : "Fm owur ArSUnaei Cay e :,. DUOUN. $ep. 12. Crofar C. D. Nbcdmara, In tP m-at ito sp ber lu do La h a=Rod emteiec of de Royl =t.o @1t AMh t ys which hae p-d iue tbs aporat 1963\" 7 Commnetins ao receNt city and efo1 a dtudies for which be had been reponsible, Profeator tBucoa aid u tl t all of thbe daimply dnfitid that even if tough tnioC Wou as wet pbdn d oo private car journey. *o central areas, the fbck botlm i ttount *hieb could not be eipunged demanded works aap e itwre on a Iale which few had contemplate4. Uj L^- l..~ J^« ,«-^. ·-.^ ^ .^ :i,1 'R c yerly felt thit thW diiulwty Of the prdblmLs, and the' scae upon whicb solutons must be bated, werd not even gueased at bfore areport was presented. He thougt the best solution lay in deflning long-term strategy vuia wbich a variety of tactical decision could be taken aceording to the continuing play of bvent*. The sheer uncertainty of the future needed Wome derie of humility in not laying down hard plane. Stumbling Block But he could not see that any consiltant could do other than asume that vast general, social and indultial iamprovements would con- tinue. On fhat other basis was one to work? But it was this long- term viewpoint which was the great stumbling block for council- lors whose midds tended to be beset with present shortages and strinsgenies. In 1962, a year befor his report, Professor Buchanan addressed the RIBA conference with his earlier thousht on the acute problem of trafic in towns, presenting only two alternatives for its solutiot: either we adapt our towns to triffic or We adapt trafic to the town. To-day he spoke of the three years since his report which have enabled him, as Professor of Trans- port at Imperial Colloge London, and the subsequent tithlor of a number of considered plans for cities and regions, to look back upon the growing insistence of the original problem and to offer fur- ther and maturer views on the immediate future. That the future is immediate is certainly not in doubt. In 1962 Professor Buchanan estimated a total of 35m. vehicles on Britiph roads by the year 2000, with 26m. private cars. His present estimate is a total of 21m. by 1976 and 32m. by 1987. with a long-term estimate of 40m. soon after the tur of the century-augmented by a urther 20m. population It is not so far of. Main Principle He stipulited one principle by which ithe resulting problems of accessibility and environment could be sorted out. This is \"gradually to create, inside towns and cities, units or areas where consideration of en- vironment are paramount and take prechdence over the movement and rking of vehicles.\" The essential orollary \"is to have a highway net. work (outside the towns) on to which longer movements of vehicles from PWL. C . D. aichau locality to loaulty an coancentrated. evang rn. evon.mntal area to deal only with their own traâ¬f\" In populated re a con tinueI, ti Were \"WWIn i.ohiti (dic- tated not by cost but by physical con. siderations) to the amount of traflic that could be accommodated. There- fore in such areas futurb demands would have to be cut down to sizs. Broadly peaking the cut was bound to fall, not on the use of motor vehicles for the essential commercial and industrial purposes, but on the use of cars for optional purposes, especially for journey-to-work for which public transport could be pro- vided or exists. Sgrhat deal of money would be ee to accommodate triffic in town and society was faced with the hard choice of finding the money or curtailing the trafic. Society could not continuo indest- ing at the prtesnt rate in the purchase and runniSn of motor vehicles and yet refuse to put an equivalent in- vestment into accommodatin the traffic that results. When a ensely populated community decided to arm itself with motor vehicles on a big scale the results were moit embarras. sing. Alternatives Professor Buchanan was at pains to discount the impression that his 1963 Report contained positive recon. meadations for early and elaborate urban reconstruction. On the contrary it set out to isolate the three main variables aplicable to all urbeh areas: Firstly the required level of accessibity, secondly the required standard of environment. and thirdly the cost society was prepared to pay in altering the physical structure of an area to improve accessibility., or environment, or both. If a town wanted to use a great deal of traffic in civilised conditions it must be prepared to spend a great deal of money on physical altertos. It need hot spend the money if It reconciled itself to having less traffic. But what it could not do was to have lots of traffic and not spend any moneyv. money. a imall amount oh tefi « b« d tth t valid. achl wa So Sacifice out .some fairly dr i measures In CmMidnt a te o stuh4 tr had e20 t rioulc it ,oath, ProcyfEor Bu ha .hlds te ld not aes an answer to lte trtc problems there which did ns tt nvota sacrifice of the city's arthtectura heritage with out some fairly drastic measures, in- clhis ea tnt elT in Towsh area. csp tral**''' and tho o others. Some of the seaeds were show t te eabul ofr whc anyother paper to the cogaramee seow can ciproehensdao ed . of t Dr h, ha conStet of expert*'report Th(» i» doubly di& ict *I Institute Jos h omwic and Social Resear e, said t spet of hich ainy layman miht t rneed toin- crself as his ownt expert ,000rofem. wor Buchofanan cork ruded by rayi tht the wor of himself ends. *is team on \"Trafi c to Town ', should be retarded an a digiin of i barren ground and its onditioning as a sw ld bed for their own ideas and to se oc others. Some of the seeds were showing but the bulk of the crop was yet to come. SProductivity I another paper to he conference pled an ar. Ptua Steae, of the Scent.al Institute of o rnomic and Social Research, said that the con- struction industry would need to in- crease its output by 2 r cet. a year to achieve the l,000m. to 240,000m. worth of work required dyer the next 40 years. It would not be easy for the in- dustry to secure an average rate of ncrease of this order for a period as of new housing mlaht in the long run long as 40 years. An increase of productivity at this level would imply anoutput per worker of 150 per cent. reater at the end of the period than is achieved tofday.\" The raising of the lusing targt to 500,000 dwelins a year by 1970 im- plied an annus increase of nearly 6 per cent I the short run such a rate of outtput might only be possible if the resources devoted to other sectors were reduced or at best kept Constant. A slower rate of raising the output of new housing might in the lng run result in a more efficient use of resourcets. Mr. Z. A. Weld-Thrmpa, In a paper on \"Colour in the External Environ. ment,\" said that colour more than any other factor had been responaible for the cheapening of architectural cx- presson during the last 10 years The country Is already sprinkled with bad examples of buildings that evidence this situation.\"",
"paper_dc_date" : "1966-09-13",
"article_dc_title" : "New Buchanan Review of Town Traffic Problem",
"paper_dcterms_spatial" : "National Daily"
}