The Guardian from London, Greater London, England • 7

THE MANCHESTER GUARDIAN, SATURDAY. MARCH 24, 1945 Trade Notes STOCK EXCHANGE London, Friday. EASTER HOLIDAY PROSPECTS COMMERCIAL VEHICLES AVAILABLE BY "LICEHCE TO ACQUIRE" FRANK NEEDHAM Ltd. POD EH DISTRIBDTORS. RUGBY ST Broughton Lane.

MANCHESTER TELEPHONE) BLA. 37323. "SEP Toy pztJonui accousifc LIMITED mmmmmmmM IN LARGE BANK-NOTES CALLED From our Financial Editor CONTRASTED VIEWS ON GERMANS Repatriated Civilians Bring Back Their Impressions There was a fair amount of business in commercial and industrial shares. In the Consols market business was negligible, although War Loan, rose to 105 3-16, and Savings Bonds 19SS-65 and 1960-70 (100 9-16) and National War Bonds 1946-8 (10H) and 1951-3 (lOU) also improved. On Monday 4 per cent Funding Loan -will be quoted ex dividend, probably at 114.

in tne stores group Mams and spencer were in demand. Among shipping shares Cunard further improved to 24s. 9d. before selling was attracted. The market for oil snares strengthened and Mexican Eagle reached lis.

6d. Apex were on offer. Cable and Wireless were dealt in up to 88i and closed at that price. The electrical equipment group, except Siemens, showed declines, and amone motor shares Levland. wnose dividend was shown incorrectly on trie news-indicator, were marked down.

Broom and Wade 5s. ordinary closed at 24s. E. K. Cole at 41s.

Cossor at iiorrockses Crewdson at 65s. and vactric at 2Zs. Odeon Theatres (40s.) declined. Business improved in the South African market where Blyvooruitzicht (6 7-32), East Rand Proprietary, General Mining, Libanon 25s. and West Witwaters-rand were favoured.

Consolidated Gold Fields were sold. Diamond shares re acted, Anglo-American Investment Trust declining to 44s. and Consolidated Diamond to 32s. 6d. Mining Corporation of Canada closed Is.

down. Rhodesian Corporation were wanted at 8s. Gold Exploration of Australia (8s. 9d.) im- proved. Canadian Pacific rallied.

Among French railway sterling bonds Nord 6 per cent closed at 1Q9J and Midland Orleans per cent at 94i- German 7 per cent (14) and 5i per cent (94) rose well. There were well over 5,900 markings. BRITISH FUNDS. 4c. It lie Hi is Stocks Price or Stocks Price or fall fall 31V.

War Loan I055i lia i'. Fund. L'n 1003s 3'. do. lo.

I02Si. 4V do. do. 1155b Zit 83 IVL N.W.M5.7 lOUg 4Z Conaol L'n IIUm 4V Vic Bonds 113'B 2iXN.D.Bds. 1005a vl Local Ln's 957, 3'A do.

do. 1031. I021is Zi Sar. '55-65 I0171B -flu do. 3'.

'44-6 lOlils 2-i Conrers-n Z. 4 JX IOSIib ZiZ do. do. 10178 do.31X'62 65 102 IX Do. rto, 1025a 3.

Africa 1065 34Z dn. do. I05i8 ll LCC ii 7. 52-62 1053a Vi Fun. Ln.

9315ia Manch 3X1891 i)7. rto. do, 1021 a Liverpool Ht 10512 HOME RAILWAYS Ut. West. ord.

5B1 L.M.S.4V.del) 1D71? do. 4 deb. 116 dn. 1923 pf. 6SI2 LJJ.B.

prefrt. 712 do. 1st do. 1BU rto. I', dab.

8512 London Tr.C. 653 dn. let prf. 5612 Southern prf. 77 do.

2ml prf. 30 rto. 2414 ls L.M.S. 29U rto. 4 rleb.

115 FOREIGN BONOS Arn. 34X 1936 92 Czachu. S1.8X 90 Austr'n 7Z'30 26i2 Greek 17. 1924 ZOI2 Belgian 47 97 Pn-nrt 7Z1S27 31 Brazil 5Z 1913 50 S.PauloTj''SS 6912 Chile 67. "26...

2112 1 Spanish 6312 China 4iy. '98 65 Uruguay 3jX. 7312 BANKS 87(0 Hlrtl'rl 2i1.j 113b It. of Austral. do.

1 f.pd. 9516 550 Natolli-fypt 46I4 rto. 789 -03 Nat.of India. 42i do.DCO)A 66(0 0,3 Kat. DIac't B.

1712 Char, of India 101S1S 110 Mat. ProT. A. 53(9 Dl.trlct A 98(0 rto. 786 0)9 rto.

il 58(0 (In. 1 f.prt. 88(3 0(6 Enu.ScUA'st 72(3 0(6 R. B'k Can da 79(0 Il'knnfttS'h'l 87 ll.B'k 01 Scot. 498 Lloyds 1 pd.

640 -03 Stan. ofS.Af. l.on Sia UnlonDisc'nt 640 Martlns2Jp. 10 li Wesrjn'r lp. 936 1015ie rto.

1 f.prt 72)3 -0(3 INSURANCE Alli-nce(N w) 2BI2 N.BrlteMer. IH3 Com'l Union. 934 Northern I8I2 Eagle Star sc 930 faarl Kmploy'riL'j eS(0 Phoenix 167 Ben.Accldent 5l5id Prudential B. J2(6 I6I4 Boyal lOlj 305 Royal Kxc'ge IOI4 IRON. COAL.

AND STEEL Allied Irom'd 52(3 0(3 Guest, 39,0 -0(3 1 Babc'kWilc'x 63(9 0)3 HadBelds "306 6,3 -011 Pease P'tnre 11)3 li.S.A....... 26)6 Powell.Dafrn 24(0 53(3 Pressed Steel 32(11 0fli Brown (J.) 27(41 01J 576 -011 Cam'ell Laird 10(11 Swan. Hunter 44(110(11 24(0 Thomas 12(6 Consett Iron. 83 Tube 112(0 Cory 98(0 Unit Stool 26(9 011 Craven 153 Vlckers 011 Donn'n Long 273 0(11 iUg SHUPINO Calm 116 t'enwk Coast 16(71 Fomess.W'y. 24,71 -03 Cimarrt 24)41 0(11 P.

ft O. 43)0 THE SPINNING TRADE The statement about! labour in the spinning section of the cotton industry which the Parliamentary Secretary to the Ministry of Labour. Mr. George Toirilinson, made in the House of Com-' mons on Thursday night gave rise to much discussion yesterday in Man chester textile trade quarters, where there was no inclination to dispute any of the assertions which it contained. It is generally agreed, for example, that though the number of spinning mills closed under concentration was unpleas antly large it was not unduly large.

At the beginning of 1941 the position as regards shipping losses and alsn that as regards hard currency supplies made it seem doubtful whether the authorities could reasonably hope to secure enough raw material 10 seep even 60 per cent of the spinning caDacitv in oneration. while the official estimates which were made then of the quantity and quality of spinning capacity needed to provide yam lor an essentia requirements nave proved to be remarkablv accurate The heavy losses of operatives in one way and another, however, have prevented the original nucleus spinning mills from working to full capacity, and yarn output has fallen seriously short of the target. Much ingenuity has had to be exercised in order to maintain a regular flow of deliveries to the high- priority consumers who need yarn for essential war purposes, and it is hoped that the four mills which are now re opening will soon be helping to ease the supply position. Double-Shift Working The appointment of a departmental committee to inquire into the double- shift system for the cotton industry has generally been welcomed. The members of the committee include Mr.

H. L. Johnson, a managing director of Courtaulds, a firm which has had much experience of shift working in British textile factories, and Mr. Andrew Naesmith, the secretary of the Weavers' Amalgamation, who gained up-to-date knowledge of shift working in American cotton mills last year when he was a member of the Piatt Mission, and the investigation of the economic need for double shifts and of their social conse quences should be helpful. It is undoubtedly desirable that those two matters should be studied and that they should he studied together, and it will be an advantage to have the study made by an independent outside ooay.

ine L-iegg committee tooK an important step when it invited the Shirley Institute to assist it in its study of weaving trade conditions and wage systems, and there is evidence tnat the trade unions as well as tne employers are becoming less reluctant than they were formerly to asking tor and responding to advice and help from outside agencies which have adequate qualifications. MANCHESTER TRADE Friday, March 23. It has been in one way and another a fairly busy market- day on 'Change. Actual business has been small, but it was not expected to be otherwise, and, moreover, orders are by 110 means the only important matters which producers and distributors have to consider. The shortages of workers and of yarns have been actively discussed again, especially in the light of the announcement of the appointment of a departmental committee to inquire into the double-shift system.

Cloth business has proceeded on much the same lines as on the earlier days ot the week, though there have again been reports of official approval of some "free export" transactions. Both, grey and white goods have been wanted for the Middle East, and a small miscellaneous trade has been under negotiation for the Dominions. Buying for essential home services appears to have been confined to one or two nanas. In yarns fresh business has been somewhat scraODV. Some fair weichts have been placed, however, in towel qualities, and the booking 01 surgicai-gooas qualities for delivery in the fourth quarter of the year has continued.

The reason for going beyond the third quarter in these yarns is understood to be the authorities desire to ensure that the continuity and the volume of the deliveries are maintained and that all arrears are cleared off as early as possible. Contracts have also been mentioned to-day for some coarse weaving qualities and lor some fine counts for doubling. The Manchester Royal Exchange will be closed on Good Friday, Easter Eve, and Easter Monday. Official valuation for Cotton Control: American, 12.75d. John Munn and circular says: Trading conditions have been on much the same lines as last week, for while a limited volume of Inquiry comes forward the difficulties attending negotiations have militated against any expansion in the turnover, which, as a whole, is made up of moderate-sized lines.

Interest for export Is mainly for the Middle Ease, for which channel some lair lines are under consideration, while it is satisfactory to note that production for free export li now in process of being planned. In some Directions essential home services provide a useful offtake, but Government requirements are on. a comparatively small scale. YARNS. Inquiry continues on a moderate scale and covers a wide range of counts and qualities.

There is considerable difficulty In arranging business, particularly In coarse and medium American qualities, and many of the finer counts of Egyptian are sold into the last quarter of the year. The turnover Is nr-t larce. but ln view of the restricted production is probably more than adequate. A NEW EXPORT COMPANY An agreement has been made between the two well-known firms of cereal milling engineers and consultants, Henry Simon, of Cheadle Heath, Stockport, and E. R.

and F. Turner, of Ipswich. The agreement provides for the formation of a new company to foster export trade in milling machinery, and its operations will cover the whole of the world except North. and South America, Australia, New Zealand; France, Holland, and Belgium; in these countries existing trading arrangements will continue. The new company will be known as Henry Simon and Turners, Ltd.

The registered office is at 86 Strand, London, W.C. 2, and the board is composed as follows Chairman, Sir Ernest D. Simon vice-chairman, A. Leggett joint managing directors, J. F.

Lockwood, F. N. Savory directors, G. M. Anderson, P.

G. Hamilton, P. A. Leggett, A. H.

Leggett Both partners in the new company are confident that it will be able greatly to increase exports of British milling and both say that its formation has been much facilitated by the official encouragement now given to all schemes for expanding Britain's vital export trade. Henry Simon, and E. H. and F. Turner.

will continue to trade separately in the home market, and it is emphasised that the new arrangement does not provide for any interchange of finan-1 cial interest or board representation. IRON AND STEEL MANCHESTER. Friday. Steeinken report a fiir volume of durinr the last dsy or two and moderate additions to orter-boots. Interest In special 1 alloy steels has shown a slight improvement, and saxe also rested to stainless steel nsnrgs.

In irtld-sieei bars rrawribj iteady contract dellTer.es are feeing absorbed and new criers have covered a fair sggregate tonnage. Black bars are is good demand. Sheets, both blacs: and galvanised, are a good trade. A moderate business in inelndisa- boiler and frame vardes, has been arranged, and some of lee mis ccnunue to indicate a slight expansion In tonnsge of uncotcpted orders. There Is.

however, coctmued anxiety so add to them. The principal outlets tor semi-finished steels are well employed, especially tbe wire mills, replacement business is on steady la the pig-iron section honngs hare ma racca A. 3BEFF1E1JD. Frlaay. The I decline in Government orders leaves scope lor commercial work, which is freely offered.

3asy eagmeerlar Unas are leas actively employed, and there is some spare steel-meitlna- capacity. The ordinary hand tool trades have patches ot cmetodc. but the agriccltoral tool and Implement trades are buy and need more Ti-vr-Vd and skilled labour. Slupbralcltrig materials are in constant srxl crowing; demand, and there ia an active call for railway materials for sew coostroctioa and repair of locomotives, carriages- and wagons. Available stipm-i cC cutu are abort of rwralre-ments Is spite of some tmprorement of octput-VTlrstrT of Works appropriations cocrfnae to expand, and more coal Is being taken for dispatch to war areas abroad.

Elcger ssopleasents of outcrop coal are mslrinc t3 some of tee deficiencies in pit coal. Industrial its are tn strong demaad. and the caH for boose coal cannot be satisfied. Cotlng coal is fnlrr absorbed, and the make of coke does not keep pace with tie demand, especially ot the domestic anilities. Mr.

R. J. Cowley, senior accountant in the estates section of the Salford City Treasurer's Department, has been appointed Housing Manager in charge of the city's recently formed Hwising Department- MOTOR AND AVIATION- N. Wales and Blackpool From our North Wales Correspondent There are indications that seaside and inland resorts in North Wales will have an Easter holiday almost as busy as before the war. The prospects are said to be very good, and though no hotels or lprge boarding establishments at Llandudno.

Rhyl, and Colwyn Bay have yet been de-requisitioned there appears generally to De more accommodation available. Some hundreds of applications from prospective visitors have been dealt with by information bureaux in the three towns, and the tone of the applications suggest that the writers, having been more or less faithful to the Stay-at-Home" edict of the Government for the past four 1 years, feel themselves entitled to a change. Comparable figures for Colwyn Bay show that there were 247 and 318 applications for rooms in 1943 and 1944 respectively, while this year there were 366 up to last Tuesday. This total is expected to reach 500 before Good Friday. CAMPING POPULAR The Publicity Office at Rhyl has haa numerous inquiries not only for apartments and hotel accommodation but also for accommodation in holiday camps at each side of the town.

Accommodation in apartment and boarding houses is still plentiful at Llandudno, largely because of the easing of the pressure on premises for military purposes. Bookings at Bettwys-v-Coed. Capel Curig. and Llanberis. have been exceptionally heavy, and a large proportion of the holiday-makers in these villages will spend Easter rock-climbing.

Apart from Easter, there is evidence that the coast towns will experience a brighter holiday season this year. Inquiries for rooms for the summer months are coming in steadily and they show a tendency to spreadover holidays which is being welcomed. BLACKPOOL: Good Booking Blackpool is unable to gauge what kind of an Easter is in prospect a repetition of 1944. which was the quietest on record, or a last-minute rush. With nearly all the large hotels re quisitioned, there is little of this class of accommodation, and the three large unrequisitioned hotels have been booked up for many weeks.

Private hotels report good bookings and they expect a rush for accommodation towards the beginning of next week, but apartment houses have only fair bookings. lhe food position is described as likely to be satisfactory, though the public are advised that if they expect little extras they should bring something with them. For the first time during the war there will be unregulated railway travel. SHIRLEY INSTITUTE Funds Wanted for Big Extensions Disclosure was made yesterday of plans which have been drafted for the extension of the Shirley Institute, the British cotton industry research centre at Didsbury, Manchester, at a cost spread over a number of years, of 1.000,000. The proposed development includes model spinning, weaying, and processing departments, the modernisation of laboratories for cotton and rayon, library extensions, a conference nail, and exhibition rooms.

The carrying out of the plans, it is estimated, would increase the annual expenditure from 120.000 to approach ing 200,000 in the next five years, and the textile industry has been appealed to for an additional 30,000 a year so as to qualify for the maximum Government annual grant, if the proposed rais ing of this from 35,000 to 80.000 is officially approved. TO-DAY'S FOOTBALL The start of the competition proper for Soccer's League North Cup, postponed by a hard winter, concentrates chief atten. tion on ties which have illustrated vary ing luck in the draw. Even the fiercest rivals must spare a moment of svmoathv for Liverpool folk, who know already that only Liiverpool or tverton will survive for the second round. Manchester, with two teams qualified, are much better placed with City at home to Crewe Alexandra ana united, at one recent week-end ex tremely doubtful qualifiers, visiting Dumiey.

Rugby League Cup teams, a week ahead of Soccer," will know by this evening which eight clubs survive for the second round. Wigan, having managed to win at Halifax, should be all out to maintain their threat as Lancashire best side, though Barrow, almost certain to discom fit York again, may have a word to say aoout tnis. After a heavy programme of big matches Rugby Unionists will, for the most part, nave to be content with club games, but there is an interesting fixture at Headingley. Leeds, where the Universities' Athletic Union are pitted against the powerful Northern Command side. ASSOCIATION FOOTBALL LEAGUE NOKTB CTP.

Pint Round. Pint Ties. Aston Villa v. Wolverhampton Wanderer, Blackpool v. Wrexham, Bolton Wanderers V.

Accrtrsrton Stanie7, Bristol City v. West Bromvlch, Albion. Bradford v. Doncaster Rovers. Burnley v.

Manchester United. Bury v. Stoke City. Cardiff City v. LoveUs' Athletic.

Halifax Town v. Chesterfield. Leicester City t. Derby County. Liverpool v.

Ererton. Manchester City v. Crewe Alexandra. Newcastle United t. Partington.

Northampton Town 1. Birmingham City, Ho the roam uniieo v. jsarasiey. ejcemeio. umtea v.

sracuarc wavy. LEAGUE NORTH ChamDlonahlD. Bath City T. Swansea Town. Hull City t.

Lincoln City. Leeds United T. Grimsby Town. Preston North End v. Chester, Southport v.

Oldham Athletic. Tranmere Rovers v. Bocnaaie, Blackburn Hovers v. shemeld Wednesday, Coventry City v. Notts Ooonty.

Port Vale v. Walsall. LEAGUE WEST CCP. Plymouth Argyie v. Aber-amen Athletic LEAGUE SOUTH Ciiimplanshlp.

Alderabot v. Portsmouth. Arsenal T. Crystal Palace. Brentford t.

Tottenham Hotspur. Brighton and Hove Albion t. Queen's Park Rangers. Chelsea v. -Watford, Clapton Orient v.

mlham. Luton Town v. Charlton Athletic, Southampton T. Reading. West Ram United t.

MiUwalt. SCOTTISH StrUTBEKK CUP. AlrdrleonUns v. Queen's Park. Clyde v.

PirUck Thistle. Falkirk v. Celtic. Heart ot Midlothian v. Dumbarton.

Morton r. Hamilton Academicals. Motherwell v. SE. Mlrres, Rangers v.

Hibernian. Third Lanark T. Albion Hoven. SCOTTISH LEAGUE. Aberdeen v.

Heart ot Midlothian. Arbroath v. Dunfermline Athletic. Dundee united v. Rangers.

Zait Fife v. Fwiklrk. Raith Rovers Dundee. LA.VC.I-SHIKE A.VD CHESHIBE AMATEUK LEAGUE. Stockport Seoontans v.

Wsncll eater University. Shirley Institute v. old Stoprordlans. Mstec T. KEratESENTATIVE MATCH.

Scottiatl TJuirejlrtlCS t. English Universities (Hampden Park. Glasgow. El'GBr LEAGUE CHALLENGE CUP- Pim Round, Second Ties. Barrow v.

York. Bradford Northern t. St. Helens. Dews-burr t.

Bull. Boddersneid Leeds. Hunslet v. Kelghley. OkSiam v.

Peatherstoce Borers, Wakeceld Trinity v. BaUey, Wlxan v. Halifax. KCGBT UNION EXrEESENTATTVE MATCH. Northern Ownminrl T.

Universities- Athletic Umoa (HeacSagjey). OTHEB MATCHES. Knddersrleld 03. A-F. Oidham v.

Brooch ton Park. Vldcer Arm strong r. MetroTtck. Blackburn Preston Oraaaboppera. Preston Grasshoppers A t.

Preston Miniac CoUeg. Biacgponi semces t. saancaester university, atan- Chester University A t. Atto iC. 1- Oxford and Cambridge Pass v.

Present. Oaya Hospital v. Wasp. Lrartm HospKal v. Sc.

Thomas's Hospacal New 7ea-inrl Services V. Bedford T. MlfffTfrvr Hospital. Bristol v. Bads.

Cardiff v. Zbbw vale. Cheltenham v. Newport, Coventry v. Roasuyn Park.

N.C.O. Training School v. Sale. Artel t. atto (W.l.

Rooees Serarlties v. A P. TJB1 v. A J. (W.l.

Sals G.S. t. Sc. Bede'a rh'lny, De La Salle Ooilece v. Rochdale BJ3-.

Hzatton OB. v. vrscan OA HOCEXT FTXTUEXS Bramhin v. Sale, sP.O. v.

Burr. Plcneer Corps 03.1 Warrington v. BrorHnfli, Mas-cheater University v. Cestrtsns. West Derby v.

Liverpool University. Moreeaabe v. O.C.T.U.. V.OM. scT Helensv v.

HVS. Gosling. Blackburn T. B-E. (C).

wtzminatoo Park Army Eleven. Cestxians v. Northern Urd verm ties LACgcosSE Junius Wiaaa Holme' GJS. v. Manchester O.S Manchester University Old Hnlmrlarfs.

Old Mancunians v. etockport S3. Warwickshire Oocmty Cricket club propose to make renreseatatioDa for test matches to be held at Btzmtncham again in view ot plana they, have sor fmtuowina the county ground at Ertgtmrton. There will be an appeal for 200.000 to provide adequate protection from the weather tor spectators ra the pcoulxr slow, proper cattxtag tarVi'Uaa, and ttanmrt capacity for 20,000 eta tore in corofort. Tel.

London Central 3918 As stocks of all gem stones except the Antwerp qualities were virtually exhausted at the beginning of this year the bulk of the new sales will be met from current production. Although some mines have been reopened or extended the total output this year is unlikely to be worth more than 10,000 000 or 12.000.000. even at the slightly higher prices now ruling. The war-time boom in diamonds seems to have passed its peak, though the market may be well maintained for several years after the war. COMPANY AFFAIRS SELFBIDGE9.

For the year ended Jin. 31 the operating company announces net profit of 97,089 alter providing 215,000 lor taxation, compared with 68.674 tor the oreviotla year, when the tax re vision was Stiff fund again receives si.iu.uou inu uie aiv. ii maintained at 1212 p.c. Whtr-h l.OI... a.

22.155 brought In. The net profit of the holding company li 65,702. arse. 63,040. Including 3.784 Income-tax recoveries.

Alter allocating 46.291. agit. 44.428, for redemption ot stock and reduction of mortgages, 69.154 remains, which 1ft to ae carnea xorwira. agst. Brought in.

BBOCKLEUUB8T.nfllBTfM AMALGAMATED. These Macclesfield silk spinners. axe to pay an ord. dlv. of 212 p.c.

for 1944. which Is the first since 1935, when 6 p.c. wis distributed. The net profit is announced as aiou .737 alter providing taxation compared with 33.132 the -rear before. SOUTH DURHAM STEEL AND IRON.

The final dlv. on the ord. shares for the year ended Sept. 30 Is to be 31 2 p.c, making a total of- 81 2 p.c. for the year, and on the ord.

a single payment of 21a p.c. This Is the same distribution as for each of the preceding two years. The profit Is announced as 409.854 before providing for depreciation, debenture service, and taxation, which compares with, 482,080 for the previous year. LEYLAND MOTORS, The for the year ended Sept. 30 Is to be 15 p.c.

This Is the same total as that fur each 01 the precedinK three years, for which Interims of 10 p.c and finals or 5 p.c. were paid. Third Guardian Trait. Final div. 212 p.c.

making 312 p.c. for yea- ended March 15 (3 P.O. Perry and Co. Interim dlv. 2.I2 p.c.

(fame). Lancashire Dynamo and Crypto. Net profit for 1944 after taxation 134. 513 I agst. 127.255).

To pension fund 3.000 (3.000 and special dona, tion 10.O00: to speciRl reserve for poet-war con-tlmencies 100.000 (nothing): final dlv. 10 p.c. and bonus 712 d.c. maJinr 3212 pc tor the year (same); forward 127.707 (190.180). Hellenic and General Trust.

Net profit for year ended Jan. 31 after taxation 12,379 (ant. 11.0031. No ord. dlv.

(samel; forward 57.434 (59.065). Directors state that a va'uatlon of Investments shows a depreciation ot 68 p.c. No value has been placed on Greek securities In books at 108.431. Guardian Assurance. Lord Denham has been appointed deputy chairman and Sir Strati Hall! vice-chairman.

Ford Motor. Sir Patrick Hennessy. for the last alx years trneral manager, elected director. World Marine and General Insurance. Pinal dlv.

30 p.c. making 40 p.c. for 1944 laame). Dubarry Perfumery. Pint interim dlv.

712 p.c. (5 P.O. Sir Isaac Pitman and Sonn. Interim div. 3 c.

(same). Katrey Aviation. Div. 8 p.c, tax free, for year ended Sept. 30 (same).

Net profit 210.890 after taxation ana after crediting- adjustment ot E.P.T. (agst. 211,034 on same basis). Greengale anil Irwell RttMirr. Polt for var to Dec.

24 46.144 (40.155). Def. dlv. 95 p.c. (sme): forward 55.069 (48.332).

Fred W. Mllllnrton (1920). lor 1944 1212 p.c. (same). JVfiiapiJ Topper.

Dlv. for 1944 212 p.c. (nothing). THE MONEY MARKET The whole of the 110.000.000 worth of Treasury bills offered wer allotted this afternoon at an average discount 3te of 19s. 11.85d.

per cent, against 19s. per cent a week ago. Applications were reduced to 225.285.000. against 236.130.000. Tendering as usual at 99 14s.

lid. for 92-day bills to be issued each day Irom Monday to Thursday, the discount houses received 25 per cent ot their application. Last weelc their allotment was 27 per cent. Friday is a Bank Holiday, so that there will be no issue, but the 91-diy bills to be taken up on Saturday were again allotted at 99 15s. and above ln full.

Net week 110.000.000 worth will again be offered, and thr corresponding maturities remain of the same amount. The Treasury Is borrowing 75.000.000 next week agtll-st deposit receipts, against 40,000.000 of maturities. In the market business In bills was only small but money remained ln ample supp.v. including eome balances at 34 per cent from outside lenders. Loan and discount rates were unchanged, as given ln the xonowmg iso.e: Market Discounts flank and Deposit Rates Sank ot England Percent Hate.

(Oct. 26, 1939) 2 Bunkers' deposit 12' Brokers' deposit 2 Brokers' 84 Dsy.to.day loans 3 llg 7 tlivrn'kot loans 1 lu Bills Ver cent 60-day tank lljj 3 months' bank II32 4 months' bank 3132 His fi niuntb' lank Us H4 3 months' tmrie 2I2 3 4 months' trade 25a 3 months' trade 3 31-i Last. Treasury bill average 19s. ll.bDd. per cent.

Gold price 16Bs. per fine ounce. Silver price 2513d. per fine ounce. ForHrn Exchanges.

The rate for payment Into the Ararntlne specia. account for lha settlement of neso debts was increased to 16.14. AU other rate remained uncnangeii. (Tame on rTiaays.j AMERICAN COTTON 1 MANCHESTER GUARDIAN SPECIAL REFOBT NEW YORK. Frldav.

March 23. Prices ODeneri 1 point to 2 points down and barel? moved fop the remainder of the morning. The official weekly weather summary was pcssiuiy more lavourao.e man that expected. It Indicated that field work was beginning to become active unatr the lnnuertos ot warm weather, although the report was qualined by the statement that osilv where the iund was suUlctentlv drv was It possible to speed up ptepar.Uvn; Prices later sagged slightly on liquidation mo.ul attributable to the excellent war newv. The selling was very mild, but It loutid suc-Dor ooor ihc recent nrooosal ol the chief ot the Office uf Price Administration lor a textile escalator continued to attract Interest.

The view of many traders Is that the proposal suggests we lercouiuuon oi i-ie oinciat purcnasing programme after the end ol June. But as the Question of an extension of this programme has been an uncertain factor for some time tne market Interpretation was not attended by nervous selling. At uie decline ol about 5 points business acaln became lim ted. and a quiet tone ruled at noon, when prices were senerally Business dwindled still further durlne the after noon which was one of the quietest sessions of the year. A ratrter steamer lone deve-oped however.

Routine price-fixing found contracts still In limited suPDlv. with the bullish spot news contributing to sellera reserve. But this failed to arouse buyers and Drlces again saeced in the nnal dealtnr. on llauldation previous to the week-end. The closing tone was described as barelv steady, with prices 7 to points down, distant juiv nemg exceotonallT id point up.

The sales were estimated at only 35.000 oa.es. Cotton on the. spot was 3 points cheaper at 22.45c. At New Orleans spot cutton wss 5 points lower at BI.OOC. NEW YORK FITI'RES iCI-slnc Range of Calls) To.tlav Ilich.

Ijiw. Vnv. Cln.lt Mav 22 08 22 0R 22 12 22-Cfi 22-13 2213 Julv 21'7fi 21-75 2V81 2174 2fS2 21-S2 October 2MB 2V1S 21-22 2Mfi 21-23 2123 Zl-d7 21-07 21-08 21-04 21-12 2112 January 21-01 21-01 2V0fi 2106 a.i-s( -uy wxi zu'aej -h-ik -ii-oo Mnv 20-B7 2087 20US 20-B5 20-S9 July 20-65 20-63 AMERICAN STOCKS NEW TORK. March S3. The trend ot the Stock Rxchantre at the opening was irregular, with trading quiet.

Narrow price changes tended to obscure the direction or the market during the morning when the buying that took place was based on the Idea that the list hsd experienced a healthy correction and was ready to resume the advance. Many customers, however, were disposed to lighten their accounts while awaiting war developments, but the market showed a partial Improvement towards midday In alow dealings, with tne tone eueral.y steaqy Gains up to 1 point were widely distributed near the close, but the top prices In most cases were reduced, with a smattering of declines showing. The market close steady. Sales totalUns 680.000 shares comprised 863 Issues, of which 404 advanced. 24: dec-lined, and 217 remained unchancecL The Dow Jones averages were: For 20 representative rai'wa Issues (asst.

rl.Cc-. the previous day) for 20 industrials 155.45 (155.07): for 15 utllttles 27.60 27.66V EXCHANGE KATES To-dav London CaMesi 4-021t t4-03l2 Montreal on London -43 14-47 Saw York on Montreal 90-125 Bid. Aske-1. Prer. day.

4-0212 t4-031f 14-47 90-125 CHEMICAL MARKET MNrHESTER. Friday. The markets continue Iteady throughout, no important pries or other changes. Supplies of pigments and other materials tor trie pa-nt trace continue to improve, ana uer ha been an Increased textile trade movement. The leather trade demand Is rather am a Her.

but the plsstlcs trade is a strong buyer ot chemical raw materials. Movement on contract to Nime market priority customers continues steady. Eiport Inquiries are more numerous, with a good demand from the Continent as soon as normsl trading can be resumed. Rather more shipping spce to India Is new availac-. but it is stn far from easy to arrange transatlantic cargoes.

It is understood that after th end of the European phase of the war the Raw Materials Depart-men: of liie Ministry ct Aipply will continue to Oe responsible for the approval In the first instaoc of new building projects by arms using raw materials controlled by the department. Demand for formaldehyde as a soil sterilisation agent continues to increase, but supplies are adequate for this and other uses. Potash is still tight, and sodium phosphates ore care-fuly allocated to essential users. In pharmaceutical and other fine chemicals the peak of the seasonal frtranrt for salicylates and related products has passed and the supply pos'tlon is easier. Potassium citrate ha been advanced by 3d.

to 3s. 4d. lb. for 7'-b. lets.

Other citrates are unchanged. Business passing In this market has bees of average volume. Trade in tar proa-acts is sua icass sxoooaiiy. wen production and demand In most cases balanced, and with export Inquiries In excess of the acdpplcg facilities. Small quantities of erode naphthalene are still allowed for flreUgater manufacture, but tn view of the strong home and export demand for naphthaln-e for other pirrposes there seems little cassee that this quota wlU Increased.

Prices tn the tar products market are sncoanged. LIVERPOOL STOCK MARKET Friday. Bradford Dyers 5 sc. pref. 213 xd.

Brit. Aluminium 446 sd. Too. 119 A3-Eric Insulated Cables 1146. do.

Si: pc A pref. 273. Coats (J. arid 520. Courtaulds 6 3.

CrOAses and Beaton Boyle (Jos. A8. Lever Bros, and TJn. 8 PC. A pref.

37534 3 61114. do. 20 pc. prefd. 21412- Liverpool Warehousing Moms and Jones 7 p.c.

pref. 280. North Shore Sia 120. Turner and New all 863 6. Wilson Bros, sobbiii 23 t).

Telephone and General Trust 38Oit. Lancashire Bee L. ar.d j. 37514. Liverpool Gaa p-c deb.

107. Xmoleyera' T.I ah- Ass. 816. Guardian ask. 163.

Royal Ins. lOSu. Feaxson and Snosrlea 6 p.c. Sref. IO, Ooaet Unea 161011 370.

CUmud 6 7li 3 IJl Exceptional banama. 4 I I i i London, Friday. The Bank of England is calling in all bank-notes of 10 and upwards. Until April 30 they will remain legal tender and may be used in the ordinary way, but members of the public are advised to pay any such notes they may hold into their banking accounts without delay. From May 1 the notes will cease to be legal tender.

After that date the large notes will still be exchangeable for smaller bank-notes at the head office of the Bank of England, but the Bank will not exchange notes through the post. The call-in does not apply to 5 notes, which will remain legal tender as before. Overseas holders are not directly affected by the change, as the embargo on the import of all types of Bank of England notes remains in force. The main purpose of the measure is to hamper the use of bank-notes for large trading transactions, which has become one of the methods of the black market. Cash payments are also frequently being made in order to avoid book entries and so to escape taxation.

The removal of the large notes will not, of course, stop these transactions, but it is not easy to pay over hundreds of pounds in 5 notes when the counting has to be done quickly and perhaps secretly. Diamonds for Antwerp The revival of the Antwerp diamond cutting and polishing industry is now making progress. After some delay a first shipment of 30,000 carats of small gem stones valued at 100,000 was sent early last month, and a second shipment of similar size has just arrived in Antwerp. A third cargo is awaiting shipment in London. It is learned from Belgian sources that the arrangement m3de last November between the Belgian and British Governments will provide from now onwards a regular flow of rough diamonds to Antwerp, which should give employment to about 4,000 skilled diamond workers there.

It is hoped that the present rate of about 30,000 carats a month may be increased as the year goes on. All these stones are, of course, cuttable material which is not suitable for industrial use, and the shipments will in no way interfere with the supply of industrial diamonds. Under the agreement all the finished gems are returned to London for reexport to the United States. This condition was made in order to prevent any leakage of stones through the black market to Germany. The bulk of the dollar earnings will go to the Belgian Government, but a part will remain here as payment for the rough stones.

Current Diamond Sales There is a large demand for these Antwerp-finished diamonds in the United States, and there is no danger any pressure on prices resulting from the Antwerp revival. For the diamond-mining companies the resumption of polishing in Antwerp means that at least 1.200,000 will be added this year to the sales of the syndicate, which has substantial stocks of rough stones of Antwerp quality. Even so, it is doubtful whether total sales in 1945 will be equal to the 17.000.000 sold in 1944. let alone the 20,500,000 realised in 1143. MANCHESTER STOCK EXCHANGE While thrre no perccptttale Increase ln the tolunie of bus Intra In.

the industrial market, the tone cheerlul, and the upward trend prices ujs maintained. The principal feature wia a revival K'i speci.tatUtf interest In textile shares, and Qorrocfcses Crewdfiun were ajaln tronely Savoured, rising further around b0O. Lancashire Cotton Corporation tituveil ui to 376 "or: tii business up to 379. and nivrs tare up to 241012 lur Hne Spinner, while (Vmblned rvytlan Mill were rln hla-her at 15412. Bradford Dyers stretitlhened to 264)2.

Calico Printers to and Bleacher Association to 14Q. Ash ton UruLheri met with support at 540. A. and S. Henry at Ii7'7l2.

and Hlctson Lloyd and King at 10 (j. W.ntcrbottom Book Cloth were ln renewed demand and suae afresh to 409. while United Velvet Cutters were hto better at 3'413- Courtaulds Improved to 556. Broctlehursl Whlston were firm at 169 on the 'llvltirnd. Howard and Bullough changed hand at tne Harder price ol and Churchill Machine Tool Advanced to 22,9 in expectation ot a favourable report, i.icssley Brothers telerre4 attracted more inquiry -at 10 TralTord Park Estates moved up to 536.

and r-ime demand ros tor Uoyd's Packtnc Warehouses, rthlch trenlhed to 289. District Ban A were flrm 3.2 1051. Bisect CTm3s'; f'ulSouthern prefd. 7M2. do.

del 241s. Ln.E.4- 1st euar. 100716. do. 47.

2nd "r-i. L.MS. 45i Picl. 76U 12. do.

5 Pt. Southern 3ti iar. pret. 114B1S. do.

5ft red. prrf. 115ls. District Bant A 9.6. do- $'Z' Marlins Hint p.p.

10132. Westminster Bans; Ship Canal 7,1012 B'O. Amal. Cotton Mills 7t. Ashton Bros.

Baldaitis 6.11;. Belgrave Mills 85 U. Bleachers assjc. 13'UM; 14 0. Bradford Dyers 26412, do.

5 1110 BrocUehurst Whlston jirel. Calico Printers 5 pref. 21(3 310. Machine Tool '229. Courtaulds 5.V and Hratons 350.

do. or. pref. J2'0. oioMiev Bros.

dct. 100, Dunlop Bubher 48,6. English Vrfvet and. cord Dyers Flno Spinners 34 6 H4 712 114,9 24 Harben-s 8" let pref. llemy (A.

and S.I 1179 2771 sd and b. Hlcison Uoyd and Klnc lOo 106S4. Howard and Bullough ii flit. K.mslev Ncus. lit fvxt.in Corn.

379. Lever Bros, and un. 8 A pret. 37-712. Uoyd's Pacito Warehouse 286 28 9.

Piatt Bros. 4127. P- lii'2. fti united Csttle Products 470, tTnited lurtLao and cuemlcmt 5 fr. 8'6.

United Vicfeera 181013. wlan Ooal and Iron 53. Wilson Bohtjtn 23112. Winterbottum Unit CU)th 4di9. a cA9ta vd.

Roval Ins. lOS71: Ulhet SecnrtUea. Tin Areas of Nigeria I'lHi. Associated Portland Cement 312 prel. iikii.

vfnbnp a 441? Australia 5 rec lOlllls. Barracks Fabrics Printing 126. Barton 6-9. u.n,.,l Rv-JnHueea 6ri do. 69b Dref.

116 1012. Blaenavon 2112. Blacibum Aircraft Brltah Celaixst 319. British Sew Guinea Dev. 31J2.

British Tobacco (Australia) 612.C4 pref. 25llJ. Broken Hill South 199. Butllna 06. Chartered Bant of Tnrila And China 10151A HO9.

Cinzano A 8,3. Clro Pearls 2'6. Combined Egyptian Mills 15'41- do. 5l2 deb. 8815.

County ot landon Bectrlc fiupplr oret. 32412 326. Crompton Partlnaon a -l-tl-M. rtin.rf StHm Shin C4413 246 243. bebenham's 12412.

Eastern Transvaal Ooosol. Mining 6-412. Ever-Beadv iG-B.) 4ho. pitifn. Cnn cno.

Oold Coast Selection Trust 20.0 A.V.A1-. Warehouses S3. 111. Ot. Universal Stores" S60.

Our Motors 3'10. Highlands and Loa lands Para Rubber 20O. Billhead Hughes 15112, Hotls 11S712. Hull rp. isn leo.

iiJs lt. Uiovo Sugar 249. Illustrated News. 48U. Inveresi Paper 6 2nd pref.

22. Letcls's Invest. Trust 87112. Liverpool Corp. 3 1061.

IJord lEdwardi Invest. Trust pref. 17ai2. London Brlci 66-3. London C.C.

212 cons. 813. London and Rhodesian Mining and Land 56. Marshall (Thomas) (Maribecs) ,0 Mazanll rjneDer 6-9. Meadow rslry 7 1 r' pref.

316 31712. Meslcan Eagle Oil 112U 113. Mlllom and Assam Hematite Iron 12r'C Mlnln Corp. of -1 UnnM Slfnlru. ll.Ul 14.41.

News of the Vbrld 2nd pret. 34 '3. Nundydroog Mines Panuln iasj. pease ana trmera ntiz. Phillips Rubber Soles 553.

Plnchln Johnson 40'9. Pressed Steel Puilin tR. B. 7.0J4. Red Tower lanr BrewerT 35-21A.

Rhodesia Broken Hill Dev. 7814. Rhodesian Corp. 80. San Francisco Mines ot Mexico 12.9.

Savings Bonds 37. 1005s. S. African Townships Mlnlne and Fin. Corp.

Spaarwater Gold Mlnlne 93, Squires Git HoIldaT Camp 13.0. Stoll Theatres Corp. 1611; 16412. Swan Lane spinning 13,9. Tarslag Taylor woodrow Estates prer.

Tlillng-stevens li-uu, tucs (spnaei) rjnion-ewsue Msi: sream snip prei. Hrilted Kliicdora Gas Com. 4 1-. oref. 20.

O. Vactric 209. Veno Drug 8 pref. 319J4. Veritys S'2l4.

Vitamins 74H. Warner's Holiday cams o7l; Weet Vlalfontein Gold Minim 4.3I-. White (J.) ilmpregnabl BooU) 21412. 799. Tutorj Lonsol.

cold Corp cvo. LIVERPOOL GRAINS Friday. WHEAT: Moderate ippropriittos ot Manltobas were reported on behalf of the British Buylna- Authority for Sc. Lawrence shipment at the appropriate prices. Argentines, however, at the recestly ainnce-i rates taUee! to attract any attention from this country and then- wis no change in the nominal position of Australians.

Ko. 1 Northern Manitoba (basis ln store Fort William or Vancouver) 14618C per bushel Shipment (West St. John-Halifax) 24-31 March 163JSC. Ko. 2 No.

i (New York) 24-31 March So. 2 No. 1 (BaltlTMrc-PhLadelphla) 24-31 March 16712C, No. 2 No. 1 (St.

Jj-ir-snce) 8-15 April 1617c. No. 2 1587SC. bushel. Australian nominal.

Aretntlno (194 crop) June (62l2lh.) Rosafe 486. Bartl 506: Baroso 510 quarter SPOT WHEAT. Steady movement of bomeacrown to nuiers at, the seAeotuea prices, aauuxag iviu cww. non-mlllable 118 cwt. FLOUR.

Oood demaad for National (trades tnaln- talned at 40s. sack. Imported 410 28031. WHEAT" BY-PRODUCTS. Production of heme-nulled cxmtlnces somewhat In excess of permit require, menu and slocks at the mills tend to accumulate.

Home-milled 8IOI2 cwt. (port mills) sod 911; cwt. (country mills). MAIZI. A small advance of 3d.

per 4801b. bag been made ln Tellow La PI la (1944 crop). April shipment from Buenos Aires sow quoted 290 and Rosarlo 276 4B0Ib. l.o.b. OATS.

Very Sim in face of short auppUel. Mnlnmm fining 159, leecttt 156 TniTilrnBrn 0th1410-cwt. Correspondent camn. As his widow sne was nis dependent, and but for the efforts of a German hospital doctor and a nurse who worked hard to secure the necessary travel permits she and her son would have had to remain behind. Everyone sooke in the most admiring terms of the hospitality of the Swedish and the sen-sacrihcing courage of tne Danish.

Although on yery short rations themselves, the Danes managed to give the internees all sorts of comforts even bacon and eggs. Their hardy resistance movement, which is hourly awaiting ttg call to action, was described to me by Mr. T. Wilde. Copenhagen correspondent of the Times." who has returned with his Danish wife.

The whole atmosohere of Denmark is ready to explode at any moment (he saidl. The underground movement, which is after the Polish model, is extremely powerful. It is being well controlled and it will not move until it is sure of victorv. but when- tne aay comes it wui move swiftly. Mr.

Wilde added that Allied help was essential and he hoped that it would be given. The Danish people, he said, were full of tricks to show their patriotism. They wore the Danish flag in their lapels but on the obverse side of the was the emblem of the R.A.F. The Germans are apparently becoming too disheartened to care. (rr course we nave lost this war." a soldier said to Mr.

Wilde the other day. Middle-aged people who fousht in the last war or who have lost sons in this war are "fed to the teeth." vet the young Germans are still "arrogant, over bearing, and insulting. So far there are no signs of combined antagonism towards Nazism, but the great majority of Germans say quite frankly mat tney are sick or war. ivir. Wilde suggested that international relations should be established on a basis which would put an cm to tne internment ot civilians in the event of war.

GERMANS READY "TO HANG ON" The opinion that the Germans have Qfill a trAmoTidnin: lnf rtf flivVit- laf (t. them was expressed by the Rev. T. Hartley-Jackson, who was minister of St. Stephen's Church, Guernsey, for eighteen years.

Accompanied by his wife, he is going to stay with is brother. Bishop Vibert Jackson, of South Ascot, Berks. The people of South Germany, he said, were no longer Nazis. They know they have lost the war, but they are prepared to hang on." For some time Mr. Hartley-Jackson worked in a medicine factory.

The Germans." he said, "were extremely kind. Thev showed no ill-feeling, even when we had to disappear during air raids." A Guernsey woman who was on her way to Bakewell said earnestly, if with a hint of reluctance: "Give the devil his due, the Germans behaved very well towards us in camp. Near Essen the camp commandant was a German Christian gentleman. He was a prisoner here in the last war. Perhaps that had something to do with it." For over two years she lived under German rule in Guernsey and thought the Germans behaved about as well as an army of occupation could behave." OBITUARY "Steve" DonogHue Stephen Donoghue, the Lancashire-bom jockey who had a long and notable list of successes while riding.

and for the last fer.v years had been head of a training establishment died suddenly in London yesterday. He was 64 years of age. Donoghue may not have been the greatest jockey "of all time." as some of his admirers would claim E. J. writes), but he was certainly one of the greatest.

He rode six Derby winners, three of them in successive years. This is enough to give him an enduring place in turf history, but probably the achievement which endeared him most to the racing public, and of which he was most proud, was the winning of the Alexandra Stakes at Ascot, the longest race in the Calendar, for six years running on the famous stayer Brown Jack. These triumphs were gained only after a long eries of uos and downs on home and foreign racecourses, for Donoghue had to work hard for his success, and but for his determination to excel might well have gone under. Perhaps the secret or his many victories is to be found in the quickness of his brain, its instantaneous reaction to the needs of the moment, allied as it was with his perfect horsemanship, judgment of pace, and the other qualities that mark the successful jockey. But there was something else too.

No one can read the two volumes of autobiography he published without realising that Donoghue was really fond of the horses he rode, and one may be forgiven for thinking that the horse3 knew it and did their best for him. CHILDREN'S MANY HAZARDS In a child-neglect case at Salford yesterday the police alleged that a soldier's wife went out drinking with a sailor, leaving her two children, aged two and four, alone for over four hours in a room containing a fire without a fireguard, a kettle boiling on the hob. a gas-ring a leaking tap. lighted gas mantle liable to fall on the leat jerk of an attached rubber tube, and broken crockery, knives, and forks on the floor. You seem to have left the children with everything they needed to kill, burn, or maim themselves, and it is providential that the police found them alive and unhurt," commented the Stipendiary Magistrate (Mr.

F. Bancroft Turner), sentencing the woman. Vera PertyJ24- of Windsor Street, Sal-foro. to two months' imprisonment. The children were cormnitted to the care of the father's mother.

THE MANCHESTER GUARDIAN WEEKLY is now sent by Air Mail to men in the Forces in India and South-east Asia Commands and, where air services are available, to Navy personnel abroad. For the usual subscription price of 13s. a year your friends in these Services will receive the Weekly in days where formerly it took weeks in transit. The Air Mail edition is available only by direct subscription. Order from the Publisher.

THE MANCHESTER GUARDIAN. Manchester 2. From our Special The repatriated prisoners of war who arrived at Liverpool yesterday on board the Swedish ship Drottning- holm had varying stories to tell of their treatment by the Germans. Some, like the woman who could speak of the commandant of a camp near Essen as a German Christian gentleman," had seen the decent side of their captors. Others had experienced their cruel side, like the girl passenger who bears on her forearm a permanent legacy of the brutality of Nazism tattooed identification-marks of a letter, a number, and the familiar yellow star.

She is a French Jewess and is continuing the voyage to Turkey along with a number of Turkish diplomatic officials. The girl's head was shaved, but her hair is growing again. To most of the internees the home ward trek across Germany was their first introduction to the effects of Allied bombing. As far as possible the Germans tried to by-pass the bombed areas but thev could not conceal all the damage. Without exception the internees were impressed by the appalling devastation.

"NOT A SMILE IN GERMANY" Indeed, one tough, unsentimental- looking man said with great earnestness that on the way through Munich in a motor coach strong men wept at the signs of total war. And amid this fear ful panorama the German people wander amid the ruins. sullen and unsmiling." There is not a smile in the whole of Germany," he said. This is a general picture of the con ditions. A detailed canvas would reveal many conflicting shades of opinion even diametric contradictions.

A clergy man, for example, thought there was tremendous lot of tight left in the Ger mans a companion repatriate sug gested that Germany was finished that the people are simply awaiting a quick release from the agonies of war. It cannot come too soon. The arrival of the Drottningholm pro vided another chapter in the progressive story of German disillusionment and distress. It was perhaps the least excit ing of these homecomings but it was certainly one of the most interesting. There was no official welcome hardlv a whisper of applause yet in spite of the almost casual air the disembarka tion proceedings had a special warmth and eagerness of their own.

The homes of the maiority of the repatriates are in the Channel Islands and until thev can complete the homecoming these people win stay with relatives in Britain. Some are rejoining relations who were repatriated last summer, but a few have left behind relatives who died in prison camp. One unhappy woman started to cry on stepping ashore. Her husband a Jersey clergyman died two days Before he was due to leave prison UNREGISTERED "VETS" Suggested Plan of Control and Prohibition The report of the Committee on Veterinary Practice by Unregistered Persons, which is issued as a White Paper to-day (Cmd. 6611.

price recommends that in the national interests and in the interests of the veterinary profession as well as on humanitarian grounds the practice of veterinary surgery by unregistered persons should be prohibited under penalty. The prohibition, however, should not apply to the treatment of an animal by its owner, the rendering of first-aid in an emergency, destruction by painless methods, or the performance of certain operations. The committee state that unless adequate measures are taken to prevent it unregistered practice will increase after the war. and they suggest that unregistered persons who for any seven of tne -preceding ten years have made a living bv Giving medical or surgical treatment to animals, who are of good character and at least 28 years old. should be entitled to registration by the R.C.V.S.

There are now about 800 unregistered persons ot varying experience in veterinary practice, tne majority ot whom would be elijrible for reeistration and the description "registered arvirnal practitioner. Another recommendation by the committee is that the Minister of Agricul ture and the Secretary for Scotland should be empowered to control tne sale of veterinary medicines. Lieutenant Colonel Sir John Chancellor presided over the committee. MANCHESTER ASSIZES Mr. Justice Singleton, in the Civil Court at Manchester Assizes yesterday, agreed to a settlement of 1,000 and costs in favour of Mabel Westall (60), Birch Grove.

Rusholme, millinery and gowns specialist. Stretford Road, Manchester, against the Manchester Corporation. The plaintiff said she suffered a permanent slight facial disfigurement and other injuries when a taxi-cab in which she was riding on March 9 last year was in collision with a Manchester Corporation bus. DIVORCE PETITION THROUGH GUARDIAN Mr. Justice Barnard, in the Divorce Court at Manchester Assizes yest4rday, adjourned a case brought by James Davis (20), Argyie Street.

Burnley, against his wife, also aged 20. The Judge pointed out that he had no jurisdiction to grant a decree because the petition had been signed by Davis although he was still under age. The only thing he could do was to adjourn the case so that Davis could appoint a guardian to put forward his petition. The list cf cases down for hearing In the Ctrn Court on Monday 1st Watkiss v. Piatt Bros and Mills t.

Chains: Hodgson v. Hoy lea (Ties), Appleby t. Whattons Transport Mills and fJrddon. t. Lend Development.

Rett and Son Freediands Lister. Ltd. WARNING TO HOLIDAY-MAKERS Holiday-makers on the North-east coast at Easter should beware of minefields, says a warning from Northern Command. Particular care should be taken between the following points (all inclusive) south of the Tees (south bank) to just north of Redcar; Filey Brigg to just north of Bridlington; Spurn Head; South Killingholme to Gibraltar Point. All minefields are clearly marked and surrounded with barbed wire.

Assoc. Kqulp. 780 Hawker hind. 18)6 Austin 34(3 01! Leylanrt 839 -10 I Blac'burn Air 1111 -011 45(0 Bristol 14(101 Raleigh Hlrts 7941 lie llavillinrt 42)0 Hulls 512 Dennis 2841 -0(3 34(9 Falroy 15(3 -011 641 Fonl 380 3544 HanrtlevPage 22(0 Tilling iT.l.... 616 ELECTRICAL Assoc.

Klec 683 hrtinuudsons' 32(3 Hrlt.Ina.Cab. llSiO -06 Knrield Cable 646 -0)8 Callenrtor. 117(6 Sen. Klectrlc 97(9 -0(3 Cr'mpt'nP'rk 33(101 36)9 03 BUILDING. Ac.

Ass.Port.Cem 62i) Lun. Brick 65)3 Br. Plait. Bd. 39,6 03 Plnchln John 40(9 32(3 Wallpap.

def. 44)3 STORES. CATERING. tc. Aer.

32,0 Lewlslnv.Tr. -Jill 132" B00U 56(0 6I4 Uamage 23(6 Maple 31,6 Gt.UnlT.Stn 26,3 06 Marks Span 74,0 1S llarrorts 700 Utd. 58(6 Home A 7)9 79,9 -03 TEXTILES 139 Ung.bevr.Cot. 35)6 Brad. 26(3 FineCoUSp's.

24(7! 011 Brit.Celanase 32(0 Lan. Cot. Cor. 37)4) Cnl. Printers.

18.6 01! Linen Thread 34,6 -08 Coats 52)9 Listers 23.9 55(6 011 PatonA Bald. 85)6 BREWERIES Bass 178)6 139(9 Charringtun 06 Iml Coope 1069 -Iffl Distillers 112(0 WatnevC.rtef 89.0 MISCELLANEOUS Ass. Br. 21(9 Imp. 39,4 -lyli Bovnl 37,6 Imp.

Tobacco 8I32 BraiHTract'n 2712 1 Int. Nickel 3815u -In Urit. Alumin. 44 9 Lev. B.4Unl.

47(7j Br. Am. 5156 5iu lj2 Br. Match 426 0(3 lUdiation 58(6 Br. 89(5 0(6 Ranks 20'0 Cab.tW.ord.

88J4 II2 Splllers 74(9 Crteras'A- 'Sis dunan 466 Dunlcvp 490 Sm.4Arg.Ml 143 El.SMiB.In. 34,110,3 Tate 743 ForeatnlLanrt 28(9 Triplex 42)6 Gas Light 24(0 0(3 iTurneriNaw 863 0 3 20,0 fL'trt. Molasses 37 10! HndsonsBay. 719 -03 Wiggins. T'r 46(0 OIL Anglo-Iran n.

5J2 I32 I Mex. 1 IS 10(6 2S6 1-03 Royal Dutch. 3414 "I4 71,3 110 4J32 ln Burmaa 45nj lj2 iTr'd Pet.Dev. 4Sja CanVinEagle 15,6 I 03 iTriulrtart Leas 452132 56W 1 IV.D.C 2an I OVERSEAS RAILWAYS 1012 Can. Pac.

(in. 664 B.A. Qt.S'th. 11 Cent. Argent.

8 B.A. Western IOI4 Leopnirtlna 34 Can. 15 5 San Paulo 53 RI-BBER AND TEA AU'risumalra 14,9 JorebautTea. 40,3 Anglo-Ceylon 36)0 KualaLump'r 22 6 Anglo. Dutch 200 Land.

Asiatic 2)9 AnglcMalay. 1L0 Slalayslim 386 Ceylon Nedoern 27i9 Ceylon Tea 43(6 Hani Travanc 32-3 Cons.T.ALnrt 46,3 RubberTrust. 24.6 Kmp.ot India 25,9 15 0 High A Lwld- 20j3 Slnglo Tea 43(6 Imperial Tea. 34,0 U.Stta Belong 36,0" Javm 21.10! Vallambrosa- 6(11 MINES Biupsn Cent. Mining Cits Deep Con.GoWb ds Con.

M. Heef. Con-sllneSeL New 51 4U5S Hjs 201J 21j -IjJ 3TS -'31 1: 2i3 N'wKlelnrtn 1J2, 27g Ui16! 30,3 I Ujl l'n! 2liis ISM So 21J2 mss lhe ISSg Stat AJ Ixxlno. Hand Hand KandSelect'n Randionteln Ribins'nDpB Crown allnes.j tuise Uajejralontelc Durban beet S. A.

Lands KDxsjraTntV bast trenuid. Lnton East Hand P. an uvauMt Oedald Venters Izeldenh 9 Dp uucionietn Vogelscrtult uen. aiming. LirootTlei vr.rtanai.-on.

W. Springs W.Wltwrsr Weal African Amal. Eankatl eiil I Uioiam I 1 10(0 IdCoaatS.T. 200 I 6376 i 03 Taq. i Ahosao) 2016 annua Asbanti tail Clam.

A Motors' 306 Knod.An.Amj 16,0 1-O3 L.har.(B.S.A.: ttlohe y-ChmgaCon rfesenrif ttnoaana uor.t fc. SoanAntelo'el 10 Selection Tr'tl 28.6 1-03 iartgxnyiiai l2a Burma Corn De Beers del dj IS Geevor Sao Pranclscojl'lOil -cm London VawchiMin'si 01 TnalTin Syad l6 Aronoa MS Bx dividend. Ex coupon. Bx bonus. Ilixatl.

I Bx rights. Ex drawings. BOMBAY COTTON FITCEES. March 13. Coatee prices: March 4583s (prev.

cjose 454). May 457Sa (455). July 4713s (46914). Sept. 47934 1477J4).

Liverpool Osttoa Association. FLEETWOOD FISH. Friday. Two tnwlers landed 23.0OO stone, which, indoded 9 OOO stoca ot cod and 2300 ot ling arm coalssh- English cod 65. soles 216.

haddock 65 stone. Two Icelanders landed 41.O00 atone, which consisted ot 4Qj000 atone ol cod and 1,000 of catSab. Kelasd cod tV5, eakSab 65 stone. 71Z 315x2 3n 2132 91j Zix lll 67a 55l 1W 735 3g 7,6.