ATOM-BOMB ROUND-UP—FROM 1945 TILL NOW
UNIT
Dirh
Po krk and serkanti
RUISTA
W. Kumbia (2
Sations
CHINY
Indian Ocean
Alfanor
AMERICA
Orton
The Canonist world -
- RI + ו-tיג ייניי.
Am I maymiz 1
AUSTA ALIA
Profic
Mar 18, 1987 KONT
Ocean
The Big Four, preparing to dlacuse Provident Elsenhower's ↑ Alumie davatopmant for background. All but five of the control plan for stoen-bembi, hays this eight-year history of † nuciane explosiona are American or Baltisk.
London Express BerriOS
Where they guarantee goods_for_FIVE_MINUTES:
ONLY XXXXOS
WOMEN
CAN GET UNDIES
IN GROTEWOHL'S UTOPIA
Berlin, Jan. 11.
When East German Prime Minister, Herr Otto Grotewohl appealed last July to the people of the Russian zone to voice their complaints about the standard of goods on sale, he hardly expected the flood of sarcasm which East German newspapers have published in the lasf six months from the ration-weary populace.
The letters do not merely complain about the goods which the are obtainable but people can't get. They list a lot of goods which which are completely useless because they lack some essential part.
A single week's "letters to the Editor" recently produced this crop of complaints:
India's Growing Concern Over Northern Defence:
New Delhl, Jan. 11. Political circles here today altached considerable sign- Beance to
three- the present weeks visit to New Delhi of the Maharajah of Bhutan, a quasi-
Slir'e independent Tibetan border.
011
The
Recently the Crown Prince of another buffer State, Sikkim, had paid a similar visit to the Indian capital.
Political circles
ore
Kitchen pots with lids unobtainable in East Berlin shops ("Junge Welt," the official newspaper of the youth move- mont).
interviewed The newspaper
who An East Berlin salesgiri sold shoes of such pour quality that the soles parted from the uppers with a few days,
"Junge Wek“
also published an ironical quiz containing such questions as;
How do you open tins (ob- tolnable) without a tin opener (unobtainable)?
art
How do you juston elegant,
Ught-tting evening frock without a zip (unab
THE CHINA MAIL, TUESDAY, JANUARY 12, 1954.
damp atmosphere of the bath- room, the wood soon begins to warp and the paint peels off. A footstool belonging to the same bathroom outfit broke As soon
» customer put his foot on it for the first time.
મ
"Cardboard wheels of wooden toy railway on sale in an HO (state-owned) depart ment store guarantee that the toy will inst exactly five minutes."
Another department store offered green and yellow peas RC- inixed up in the same bag,
the cording in "Tribune." As yellow peas require one hour longer to cook, housewives have to sort them out frat.
delivered Parallel hoes rently for the gymnasiuth of an school "Tribuene," the official news- East Berlin elementary Himalayan paper
Trade Union could not be used because of the Federation publicised a nation-bars were too frail to carry the
weight of the children-to wide campaign against the pro-
nothing of the teacher, the East duction of defective goods.
.BZ am Berlin evening paper Abend" reported.
tainable)?
How do you boke without baking ting tainable)?
cakes (unob-
the
is
noted grow- ing Indian concern over defence of the Icingdom of Nepal, which also on the Tibetan border.
Although Premie: Nehru hud refuted in Parliament rumours that the Chinese Community had Cunecntrated troops en the India- Tibet bortler, his personal con- sultations with the heads of the three buffer States were garded as evidence of India's
to growing mxiety strengthen the defences on her north Hana- layan frontier.
re-
.Until recently the mountain barrier had been regarded as ogainst nature's own guarantee
trom
north the invarice! France-Presse,
PENINSULAR
Hoods
ro-
tha
gay
TRADE and
COMMERCE SECTION
"SMALL BOOM” ON
HK EXCHANGE
"Idle" Money Flooding The Market,
Sending Prices Up
(By A Special Correspondent)
Trading on the Hong Kong Stock Exchange yesterday passed the peak levels of last year with business amounting to about $2,094,000 on the day. According to the Stock Exchange, last year's peak was in excess of $1,900,000 on September 29.
Two brokers described the recent upward trend in share prices as "a small boom," with a wide range of land stocks, utilities, textiles and industrials sharing the rises.
Brokers believe the boom has been caused by local investors, particularly Chinese businessmen, buying up shares with the large amount of surplus or idle money in the Colony.
They pointed out that Hong- kong's trade was in a
parlaus atate, that Bank rates
were
US Car Firms low, that the Gold Bar Exchange
Lay Off 12,000 Men
Detroit, Jan. 11. About 12,000 workers in the motor industry were laid off on Friday as new cars stacked in
many dealers' showroom without buyers.
was yielding little or nothing to investors
or speculators, and that mortgages were no longer sought in
the anything ke quantity they were a few years ngo,
This left share-buying as the only alternative for investment and speculation.
An
HONGKONG SHARE MARKET
Record Output
Of TV Sets
Record Output Snow Upsets
New York Stock Market
London, Jan. 11. Production of pentelliiá
and television sets reached
new? record levels in Britain towards the end of last year, offieisi statistiem published here today re- vealed.
Pinicul
t
The
New York, Jan. 11. stock market went through its fourth consecutive docline today--but it furned
WRE out in November at the rate
of 2,421,700 megk units week. Previous highest was the 2,179,700 mega units weekly average last April,
Both production And kome sales of television
sets reached a new peak October when 118,000 In receivers were made and 136,500 sold.
Figures for the previou month were: production 107,300. home sales 136,- 900.-China Mall Special.
was A måtter of negless · more than any real pressure as Wall Street turned its attention to its first big snow storm of the year.
Prices moved narrowly.... except for a few special issues
and volume continued light, totalling only 1,220,000 shares,
President Eisenhower's mes- sagea on the new farm pro- and his staggested revisions of the Taft-Hartley labour law had little effect on the market, the brokers said.
Industrial stocks lost $1,84 on average with drops of around a point in American Can, American Tobacco, General Electric, Good-
Early Change In year Tyre, International Nickel US Tariffs
and United Atrerett pulling the group down.
Rails lost 30 cents. Utilities
Not Anticipated nished 2 ecots higher.
Of 1,116 issues appearing on the tape, 575 were lower, 270 higher, 271 unchanged. There were 4 new 1953-54 highs set and 17 new lows,
Washington, Jan. 11. If any British businessmen are counting on an early change America's tariffs to make extra dollars for them, they are
The NY Stock Exchange bond warned not to be over-optimistic. volume was at $2,910,000,
in
Despite American official state-
monts
The
of "trade noi ald" and change even Presiden Eisenhower's shares.
"major restate promise of a ment" of trade policy, Congress
American Stock
volume was
Dow Jones were:
wit be in no hurry to change industrials the present get up.
20 rails 35 utilitieN Indeed. the Republican 03 stocks 40 bonds strategists have virtually de-
Comin. future cided in advance that the tariff changes must be held over until the following (From Our Correspondent), possibly
7.
year.
and
ka
Brokers sald mort Chinese businessmen with their inherent
Business done on the Stock distike for holding cash
pre Exchange this morning amount- The President has not aban- ferred investment issues such as cd to $801,087. Noon quotations donert 18 land stocks or utilities but
hopes of a more trade policy and the morning's transactions; liberal active
speculating group was
awaiting the recommendations of more interested in textiles and SHARES BUYERŰ SELLERS SALES the Randall commission, industrials.
area of the Marden Sharoa The lay-off came as the Con- | Jf companies particularly gress of Industrial Organisations Navigation, Wheelocks, challenged the Department of kong Realties, Textiles, Motal | INSURANCES Commerce's estimate of 1,850.- Industries and Yangtaze Finance 000 unemployed in the nation, were in heavy deymand, with asserting the report does not more than 180,000 Realties begin to tell the full storm". shares changing hands during
the day.
BANKS group
Asia KK Bank Hong-
... 1505 1005
11
1000
35
At the end of last year, the number of new
LAND ISSUES SOUGHT cars sold rose close to the post-wor record
Bank and level.
Insurance shares Some companies, faced with the lagging market,
"safe" investments cut consideret production to be more in line were sought. Land issues, with with retail demond.
no
200
This 17-man
headed group, by Steel Executive, Clarence pushing on its in- 1500 Randall, is
vestigation and will prepare its report in March.
86%
160 * ST
090 091
FREER TRADE
Д
Ex- 340,000
closing averages
Jan. 11
$70.87
94.84
52.67
104.03
price index_170.81
-United Press.
More Canadian
Trade With Asia, Africa
Ottawa, Jan. 11. Canada's (rado with Asia and Africa increased in 1983 and the Trade Department raid today that "the frena may be expected to continue,”.
It is almost certain to racom-
While Canadian exports to mend, by a majority, freer trade most other parts of the world which is the aim of middle-at-dropped off slightly in 1953, 400 # 19.00|the-road Republicans and
exports to Africa, the Near East growing number of America's, and Asia stayed ahead of the
1082 big businessmen.
1952 levels by about 15 per cent. The trouble is that there are The Department's weekly protec-magazine, "Foreign Trade," de- 13% 80 many Republlean
tonists that free trade is con- voted its second edition of 1994 1.05 sidered too lively an issue into the Aalon and Middle East
year in which Congressmen markets.
Lombard
Union
SHIPPING
Underwriters Waterboat. 1015 DOCICS, ETC. K. Wharf Dock Provident (0) 13.10 13.60 3500
(N) 12.50 12.00 Wheclock
..50 .....04756 055
716
200 B2
20.60
A 6.05 200 or
1400 a 1300
805
to | LAND, ETC.
KK Hotel
HK Land
70
0.03 9 D.10 2000 1
400 70 70+5
100 T
1.40 10.30
some owners reported to be increasing rents on new build-
Chrysler dismissed 7,000 per-{ings, were also favoured. кола. Hudson laid off 4,300 for Rumours of ຍ new Isrue at least seven working day 8. helper Hongkong Troms Studebaker amounced Was $28.10. laying off between 3,000 to 4,000
either this week or next.
The dismissals could not be described as a
general trend in the Industry, as the Ford Motor Company and
General Motor the two biggest auto firms, huve not cut production.
MUCH WORSE
"This Ir the state of the market nt present: In the last month the boom has carried Hongkong best and Shanghai Bank to its
than a year, price for more Hongkong and Shanghai Hotels, Cement, Dairy Farm,
Chino Light, fully pakt and contribu- ting to the best level since 1950, Hongkong Land, Humphreys
have to stand for re-election.
One
Congressman is quoted
Canadian
exports
to
Asian, African
and
the Middle
as saying: "Foreign trade would Eastern countries-not counting
400 77% just raiso A hell of a row."
to
Commonwealth nations-amount- And to the issue is likely
ed to $140,410,000 in the first be loid aside. Pressure of 10 months of 1953. In the same 2011 21001000 or 2.10 business in the ways and means period of 1032, they totalled committee (where tariff legista- $123,701,000.
originates) will be a good
S'hai Land.. Humphreys Really UTILITIES
Tram
..... 27.00 20.10 Star Ferry
C. Light (0)
tion 14.70 | excuse.
There were
with
sharp decreases trade
the Belgian 14 First there are four tax bills
Congo, Indonesia, Egypt and the 1166 to be thrashed out and then long Sudan. But sales to Arabis,
age pensions, Japan, Korea end
Taiwan in-
146 140 100 14.30 1000
2:00 # 28
147
Electric Масла
Eled 1015
Telephone
22
100
304 30% 4300 30
1380 1960 hearings on old
000 64 29 By the time a new tariff
C. Light (N) 115 11.80 1500
+
The quality of many
most The did not even reach modest standards,
The it declared.
Cominunts! provincial State shops, it added, have re- party newspaper "Freiheit,"
to the nation- Holle,
Saxe-Anhalt, fold Its cently returned
Karl- alised cotton factory it
renders that only eleven out of
Estale and Finance, Telephone, pro- every 100 pairs of shoes Marx Stadt (formerly Chemnitz)
But CIO vlce-President Mr and Trams to the best level for duced in the nationalisert factory 4,000 pairs of stockings because
Emil Rieve said the rallen-wide many years. Banner of Peace" were fault- they did not stretch and there-
| INDUSTRIALS situation WD3 "The rest fore could not be put on.
lesa.
either unemployment are
Brokers are unwilling to pre- Cement Most of much worse than Commerce De-diet how long this boom will second class or trash,
would indi- them
lose their shape, pariment's figures soon
business last. "Perhaps until Others transfer their colour to cate. Ife sald a "rapid rise" in gets better and there is a new
WE STORFS, ETC. Dairy of the best Sunday socles the unemployment was in progress.
said one. outlet for money," the wearer. With Still others
present He criticised what he termed "Certainly as long as uppers and soles soon séparate
to conditions continue I cannot xoG tendency recent forever,
shower the people with a rash why the boom should not last. of figures "calculated to show Undoubtedly profit-taking might | COTTONS that "things are still awfully send the market back occasional-
1y," he added. good."
Footstool Broke
"Bathroom cupboards offered for 26.00 marks each (over £2 slerling) are useless. In the
"Freiheit" reporters discover- ed that the factory had saved $1,000 east marks in three months by adopting # now & ORIENTAL Soviet cutting method. But in the same period, it spent 110,000 marks on repairing shoes which had been badly made.
QUIS HOS SEPA STEAM NAVIGATION COMPANY
R.M.S. "CORFU"
SAILS:
NOTICE TO PASSENGERS
BAGGAGE:
2 cwt. Ladies
two cwt, and more.
naked,"
the
ts
in the Detroit arco, whore principal employment is in the motor and allied industries, there are 83,000 unemployed.
·
LESS ATTRACTIVE
"until Another broker” said, Communist China is recognised and the ambargo is lifted these The State Employment Securi-conditions are likely to continue. ty Commission said this would Brokers soy yields on most rise to at least 93,000 within the classes of shares are for less next 60 days.
for cars-United Press.
attractive now than they were
a year age, with utiliiles giving however, von per cent against about 11
10
S
bill
300 28.10 was raised, Congressmen would created. be impatient to get out on their
Sonic of the increase, parti-
1500 18.06 election campaigns and would doubtedly arose from special
2300 e 19 argue that 34
that of Japan, "un was too late to circumstances," the report said.
Hart revising the trade pro- The shortages
2880 gramme-Express Service,
3500 20.00
100 6 25.70 800 23
26.60 100
Watson .... 22.70 22.90 1. Crawford 2531⁄2
Ewo
Textile Card
MISCELLANEOUS
Yangtze YRUMASI
500 et 20.00
Japan, India Are
Two Biggest
of food grains
and high prices for rice opened the markets to imports of bar- lay-United Press.
8.30 100 80 Asian Manufacturers Singapore Rubber
614 0.30 2000 0.20 144 140 100 kr 145
US COMMODITY MARKETS
New York, Jan. 11.
closed Commodity futures
and coffee
New York, Jan. 11:
Singapore, Jan, 11, After opting almost un- Japan and India, the two big-
the market eated gest manufacturers in Asia of changed Industrial goods, followed the alightly on some liquidation of of continued January positions." There was general pattern industrial growth into the third some trade enquiry.. Prices:
No. 1 rubber per lb. Jan. 6636-5030 quarter of 1933, according to
Feb. 584-601 the January issue of the United
Mar, 584-08 Nations Bulletin of Statistics, No. 1 rubber per lb. Jan. 604-50′′
No.
645-5416 No. 4
61-514 United Frem. LONDON MARKET
Fim domestic
spot rubber unbaled,
No, 71, rue ipat * Settlement house fermé, Feb
General markets, eit basis, portar
185/2/15-16-15/10. ---United Press.
- NEW YORK MARKET
The same newspaper surmised
Union officials,
The Japanese manufacturing that the textile state trading estimated the number idle
per cent a year ago (industrials mixed in overtones of steadiness
rate for the period April to centre at Dessau, Saxe-Anhalf,
over 100,000. Presidents of CIO are giving Bilghtly better especially in cocon
September, 1933, was about one- was "full of enthusiasts for the United Auto Worker Unton at yield). This, however, is easily dealings.
A higher than for the ear- Rubens figure. They sell under- Dodge and Chrysler sent a tele-understood when one takes into wear only for ladies weighing Aram to President Elsenhower account the depression of the up the daily limit of two cents a unequallo
Coffee futures firmed, golog responding period in 1952, a rate in the
London, Jan, 11. elsewhere But even asking him to take "positive e-market in the early months of pound before the market levelled
world.
demand
The rubber, market was quiet elim women cannot run around tion. to head off a depression," the Konson war and the boom
of slightly under revlising and increase in production of with No. 1 Rss spot quoted at
Prices: 3636-2736 Friday the 15th January, at 12.00
Industry sources which followed the signing of Smaller cocca prospects in Brazii electricity were important factors 17 pence per lb. However, noon for the UNITED KINGDOM via
"Taegliche Rundschau,"
and Africa dominated tradings in these gains. are inclined to view the lay-the Armistice.
Inavit bly as share prices con la both cocoa and coffer. Straits, Colombo, Bombay, Aden, and Soviet High Commission news-offs more as the result of strong
In India, industrial activity. In March
April/Jung paper in Germany, joined in the competitve forces long prediated tinue to rise the yields will be
President Eisenhower's farm the frit nine mouth of 1988 JulyBapt Port Said.
criticism. "Berlin women" It for 1954 rather than as a sharp, reduced further on investment
"would have to said,
bear general slump in the demand issues as there is lille prospect age conformed with views rore sharply but at a romewhat Oct./Dec. Passengers are requested to send ALL nothing but triplets, to find a
of the traditional dividende baing previously indicated by Govern- lower rate than in 1951 and
ment leaders and 'Had little 1952 Production In the third Jan, baggage to the Hongkong & Kowloon market for the over-production
changed,
market. effort,
of quarter
1933, however, Mar. Wharf Cola Godown at No. 2 Gate, of babies napkins (dlapers) and
was five per vent higher than At Chicago, wheat closed up ihm for the third quarter of CANTON ROAD ENTRANCE, by layettes. A few months earlier,
New York Cotton% to 1% dents; szybcame up 4 1982. France-Presso, NOON on Thursday, 14th January, none could be bought.”
to 3% cents. 1964.
But most indignent of all was Herr Gustav Matthes, of Halle, SPECIAL NOTE: With the exception of hand packages who in a letter to "Freinelt" carried by passengers themselves, complained bilferly that toy suitcases on sale in the local ALL BAGGAGE must pass through| "pende store” (bore labele such the Wharf Co.'s Godown for loading to "By air mall por avion" on board by ship's slings only.
"Carlion Hotel, Frankfurt-on-Spat Main", "Derly Hotel, Davos." BAGGAGE COOLIES WILL NOT BE Shall we show our childron PERMITTED TO EINTER THE the way 40, the capitalists?***, the WHARF.
Com, Ma, X yellowɑ, rehder: beked. "Do we not have
In our pes minirano eubelent honith Zosorts
Marti
ag the wrongs aty to odum Boss orthoc Peoptates, Democracies?}} #my cate childton,7 -- China; MOMI Special/Bike
EMBARKATION: Passengers, should “embark between Ropabile, In the Soviet Union
9.30 and 11.00a.m. on Friday, 16th January, 1954,
CHICAGO GRAIN FUTURES
Chicago, Jaf.. 13. Prices per bushel in coklat2«
Closing Pridien
Spot
New York, Jan, 11.
Cloring Prices
Jan
Mareti
Wheat, No. 2, réd
March 210(11)||205||(L)
May
July
· Bapt..
COTTON VOLUME
New York, Jan. 11.
Volume Open Interent
714,000
At Winnipeg, wheat was priced Rt 100% cents per bushel for No.
3 Northorn, and for No. 6, it was
at 103 cents --United Press,
UK Shipbuilding
London, Jan. 11.
..
Now York, Jast, 11. Rubber futures today closed
2 to 17 points lower with antes. of 10 contrnika.
Both, futures," and "tho upot exceptionally
Ships built in British ship-market yarda in 1953 totallod 1,344,118. quiet. Eight of the 19 lote dono
Exchange Rates coms gross, 10,000 ons hierbies on the Boar were represented. In
over 1952 figures, the Central exchange of May contracts Office of Information and here for No. 4, shoots,
6. Spot No. 18ms were indicated at 10% cents it pound Futuro glazings:"p
· Būsirions & Wax (dong in the local today. We
tmomolal
„oxchanged markat morning at the following rates:
The frieredze was inrgely due
to Interdised steel supplies which 161 reached shipyard in the second 2957 half of the year when Flettaiti'n