in
THE CHINA MAIL, FRIDAY, MAY 7, 1954.
The Brillah fim-actress Dawn Addama, and the Roman Prince, Vittorio Massimo di Rovenneres de Volsel, aged 42, were married last week. The honeymoon will have to bc suspended for Prince Vittorio admitted ruefully that he has been ordered to appear on May G
A Leghorn criminal couri 10 auswer charges of insulting a policeman who handed him a truffle ticket lan; year. didn't kumult him at all," Prince Vittorio said, "But in Leg- horn they have a Communist administration and probably the cop zot a kick out of arreni- Ing a Priure." Then he grinned and said: "However, I hired a Communist lawyer to defend me, nó that'll make things about even." If convided Prince Vittorio would face 3 RABL term of anything up to two years. He said the sentence could not be suspended either.
mice ouer in Rome he was convicted on a similar charge.—Exprem Photo.
East Germany Tries A New Experiment: Love
Stories Without Propaganda
Berlin, May 6.
The first non-political love stories to be published in Communist-ruled East Germany in serial form by a daily news- paper have aroused a hurricane of "letters to the editor."
Most writers attack the stories as "immoral Western trash", but some praise them because they provide welcome relief from accounts of
work and Communist ideology.
The stories, differing in no way from Western love stories, con- stitute the second attempt in five months to introduce "human interest" in instruments of state-controlled public information,
Tas - wh a slate-sports | Sommerd Min. The Stall and the Hip Hoppars", which tried to
ا اليها
party alabogy with ad faded abysmally The pabila and the press con- sented fie un because neither shopset crafties and madually.
Stoppe FLOW
being punlasser have a "party line' ju panguinis at alt and apparently The ratesly The thirst mte et In small
114
n trial asia They published in "Savebissche are Zeitung". The party newspaper. at Dresden, in Saxony, which is typical
or so big provincial newspapers,
the dozen
D
Workers'
The author is Hans Lorbeer, grd 53.
veteran of the weialist
movement. and has stories are sample and unaffected, of the type printed daily in hundreds of West Ger- man papers.
Where The Penalty
For Crime Is A New
New Life
Sankara, Jodhpur, May 7.
A tiny village far removed from civilisation, on the fringes of Western Rajasthan bordering Pakistan, is today carrying out a unique experi- ment in reforming dacoits or robbers, who are being weaned away from a life of murder, plunder and pillage to follow peaceful pursuits.
This remote village of Sankara is situated in the middle of a dacoit-infested belt covering an area of 1,400 square miles whose total population is no more than 7,000. The people of this arid and sandy belt have taken to crime as there are few other occupations available.
of
In order to draw them away also, after drinking is waters, from a life of crime, the Sinte wanted to become a dacolt. Government is providing useful Finally In 1804 Sir Pratap occupations by incrensing Irrig- | Singh, the then Maharaja atlon facilities and developing Jodhpur, ordered the well to be the wool industry of the area. closed.
The State Government proposes ta distribute breeds ol
sheep in improve the local varieties.
order
A year ago a village welfare criminals. centre was opened ut, Sankara
10
lo
explain
to
£
The storm of letters to the editor broke over
story esititled "When the Gram Ripens". which depicts The
1 19
romance of a young couple in the country.
neither in- decent nor particularly 1331- mura! by Western standards. readers" letters Many of the adjudged it differently.
"Disgusting"
An anonymous
mother said that she tore the story out of the paper every morning so that her children would not be "in- fected by tmmorality".
"The story is used_in dignation not only with me," she wrote. "The manner in which Hlegilmate sexual life has been demeled in every detail is dis- gusting. Such a mean and de- decent manner of writing causes damage in the hearts of nur children that can never be re- pared."
Frau Gertrud Stoelzig. Tharandt,
said that it "detestable to depict the feel- Ings of the lovers so bluntly. The working classes of
TRADE
and
Hongkong Share Prices Drift
A Little Lower
By A Special Correspondent Share prices on the Hongkong Stock Ex- change this week edged down fractionally pending Losses a more definite turn in the Geneva talks. on the whole were no more than 20 to 40 cents.
On the afternoon call yesterday Hotels,
Trams, Electrics and Dairy Farms slipped a few more cents. Dairy Farms ended up the day down 40 cents for no apparent reason at all. In fact I hear their first quarter figures this year are better than those for the corresponding period last year. They are now at their lowest price for about five months.
Yaumatis provided the feature of the week touching $150-a new high-on the morning call yesterday still on hopes of a bonus issue. Later it dropped a dollar and finished the day at that price on a turnover of over 1,000 shares.
COMMERCE SECTION
He Caught A Baby Whale
Tokyo, May ü
A Japanese, Mosami Terauchi who Ilves in Kh
Town. In Fukushima Prefecture, Northern Japan, caught a baby whale weighing more than
20 pounds today during fishing ashore, the Japanese press reported today.
The baby whale was be- Ing fed in a big bowl at n fish monger корп the town. China Mail Special.
NEW YORK
STOCK MARKET
New York, May 8, Tap grack industrii stocka resumed their advance with rush
Indonesia's Move To Develop
Iron, Coal Mining
Djakarta, May 6.
Indonesia's National Planning Bureau is searching for deposits of workable iron and cok- ing coal to lay the basis of a new industry as the prices on the world market of her most important minerals, tin and bauxite, are falling,
Economic experts say that planned develop- ment of iron and coal mining could lead to the establishment of a strong secondary industry in Indonesia.
A
are prose
In the past,
owing to the and believes there are possi- former colonial economie control | bilities
the Logan elda, of the country, the emphasis has central Sumatra, which
of relatively been on products
close to the best iron deposits. high value which could be ship- Sumatra, at present a rich ped overseas for processing. oil producer, will probably one of The National Plaiming Bureau | day become the centre 01 anatural resources
wealth. adviser, Dr Indoncela's mineral late taxiny, pacing the A
Briehaul, said the search Preliminary Investigations havo market in a rise which added for mineral deposit, in Indonesia shown that besides undeveloped nearly
Iron and coal there $1,000,000,000 Lo the was it very important task. market value of all listed stocks ranking after the increasing of pects of copper, silver, load
The highest quality in-food production
minerals. the nation's and other
- China Mall Special. hed
plan for development. gains of around a point. Special Issues
es advanced
Considerable Iron ory re- BOUITEN have bon found in three points or more in several instance. The
group
in en up various parts of Indonesia $2.48 on average to the highest Kellnantan (Bornes), Sulawesi lavel since October 22, 1929. [Celebes) and in much Sumatra.
Ralis
moved ahead, The Sumatran deposits are the ils, although at a shower pact, and highest quality and offer the of buyers
best for thint no further deterioration the average
group was
possibilities-the others at its best since July 9, 1053. have a relatively in the Far East situation,
highs nickel Even if there
Utilities improved fractionally content which makes them uns is no settlement
and were within a shade of their suitable for smelting. high since Sept. 1, 1931.
will President
move
to try
Of the bigger securities, Indo-China talks which begin Banks, East Asla and Union soon.
It is quite pointless held steady during the week and assess the prospects for the and Banks actually improved coming week when the chief slightly. This was obvious-market influence is the Geneva ly inspired by the London talks and the Indo-China war.
But market prices Rune market quote which is up t
bring enough 12 on the week.
providing
The fuet that these issues herich firmi WE 11 heartening sign,
Generally the market position was this: the grim battle being fought at Dien Bien Phu And the Westem disunity at Geneva discouraged buyers but sellers mre obviously holding until the
いく known
mutcome
1
TODAY'S
SHARE PRICES
(From Our Correspondent)
Business on the Stock Exchange this morning amounted to $392,318.50, Noon quotations and the money's dealings:-
MILARES BUTERS SELLERS SALEA
BANKS
But A4
INSURANCES
La
1 antabard
DOKS, E
Pros dist (1)
Shal Duch
Wreck
LAND, ETC 1K 110 BK Land
WEN
(East) German democratic res public expect their newspapers to publish morally clean stories and not such inflaming things, which are nothing but trash.
Herr
"' had'
in
Ernst Schubert, nf | Neugersdorf, said that he could
not understand why the paper, published such stories. always thought that such things were
only
the possible Western world," he declared.
Frau Josepha Frochlich, 0 widow of Dresden, complained because the
hero, Andreas, answered the wish of his friend Christa to become his wife by saying: "You are virtually my wife already."
"Courageous"
Tenders'
of
B
una
Spa Land Hemplars Healty
UTILITIES
כת בדרך
170
30 úl
£75
53
136 04
170
630 12.30
rdw
number there
to
BOW in ส
dustriais
Turnover for the day totalled 1,980,000 shares, compared with 2,000,000 yesterday.
at Geneva and the future re inalns
unsettled,
apparent Elsenhower's
from away
the belligerent "mited action" stand of his
Mr John Among the lending stocks Secretary of State. Foster Dulles, should restore
Bethlehem Steel rose 1% points, little confidence in the Hong- National Steel 1%. kong market.
Cities Services stood oui Let's take a look at utilities sharply in the oils with a gain and see how they fared over of 3 points. Some textiles the week: Trams at $20.90 are strengthened. Robbins down 10 cents, China Lights at preferred rose 2% points, in $15.70 and the "news" at $12.70 custrial Rayon 1, American are down 30 cents while Viscose 136. Electrics at 30% are 25 cents Chrysler Corporation lower (but this might have heavy demand as bren due to big parcel of 3.800 shares which brought the price down in the after- noon call). Telephones finished down 20
#11
wero
WHEKS BETTER Yaumatis are up $0 to $140. In stores,
Dairy Farmy down 70 cents to $24, Watson and Hotels aro stendy. Lands Humphreys are if anything, a shade weaker.
Wheelocks are, on the week, slightly better but the rise L so small that those looking to Wheelocks with its big holding of local shares As a possible market indicator can draw little satisfaction from the week's movement,
A more interesting compart-
Mills
met
the time ap-
The Planning Bureau test the Sumatran fields to tind out if they are extensive enough
to allow the establishment
iron and steel industry.
COAL DEPOSITS
of
The
Triumph For Butler At EPU Talks
Paris, May 6. The British Chancellor of Exchequer, Mr R. A.
the
between
Butler, announced tonight a three-point payments for- Inionesia's coal deposits are mula reached by finance ex- alm being investigatext. mining industry is at present perts of Western Europe to badly off because the Indonesian bridge the Kap Rallways are replacing their E.P.U. debtors and credit antiquated coal-burning
steam
orn and enable them to coli- engines with diesels and their
tinue to work together. has de- consumption of coal
The Ministerial Council eroased greatly.
The Bureau is searching for|OBEC (Organisation for Euro- Economic Co-operation) bigh quality coking coals; pean
wound up two-day session by production, deciding in principle to maintain scential in
steel
of
for another year the Europeani Payments Union, the Continental
renewal on June 30,
Singapore Rubber clearing house, which is due or
proached for directors to take
The stock was go dividend action. up 1% to $59% n the day's After the most active leading. close, the Board maintained the $1.50 dividend despite sharply lower first quarter sales, carn- ings and
production. Of the 1,150 issues traded, 504 wore wore higher, 325 lower, 261 un- changed. The NY Stuck Ex- change bond volume: $3,060,000, The American Stock Exchange volumo. 500,000 shares, Dow Jones closing averages were:
30 industriais
20 zatis
13 utilities
03 locka
40 bonds
Market
Singapore, May 0 The market was caster in sympathy with London and New York marketa, were:
The
ministers agreed there. should be no change in its rules which would mean a heavier payment of gold in proportion to credit for debt settlement,
Mr Butler described the an "inspiring oc- marked by the absolute
Future closings, mar
No rubber per ib. May ne-o June 08-00 July 03-61
55014-6831 3774400 mered soft-001 254-561%
No 2 rubber per It May 800
720-41 107.29 50.00
119,50 100,79
Unlied Press.
No. No 1
Blanket crepe
400 a 13:30 son of market prices, however, New York Sugar
can
1.50 7.00 1,000 750 April 2
the
00 200
50
month,
be made with those
Over the
about profit-taking and fears
outcome
Geneva of the conference have taken a steady toll to bring prices down from their high levels of the previous Looking at ulles, 2.00 month.
$1.80
10,40
2.05 5000
20.00 1,000 6 29.30
down are
Tramways China Lights, 70 cents (taking into
the dividend), account Electrics are down $1.50 and 15.30-14.00 300 155 Telephones down more than $2. Hotels are downs 55 cents and Lands about $3.
P Tram (N) 333 C. Light (0)
XD
440
Telephone
INDUSTRIALS
Cement. 17.20 371⁄2 1000 † 17.40
Market
New York, May 6. World No.
futures 4 saagnt closed 2 to 7 points lower with sales of 398 contracts.
Domestic No. O sugar futures closed unchanged to one point lower with sales of 280 con-
tracts
Domestle futures erally unchanged
were gen- with trade
Spot rubber unbuleti
No. I pale crese
++
69-00 -United Press.
NEW YORK MARKET
New York, May 6. Rubber futures closed today points con-
4 points higher to 18 lower with sales of 117
trnets
Scattered liquidation in the deferred deliveries met un in- different trasie off-take, deafers reported. The
spot market proved a dull affair with No. I sheets quoted nominally at 21% cents a pound
Future closings were:
C. Ligght (N)
XD
12.40 12.70
Electric
30 30 1800 30
1600
30
230
27.10 500 14 20.00
1050 @ 24.
While these losses are not big the figures do serve to show 30% that there
has been quite bit of profit-taking and the a receptive nood market is in to buy,
May but naturally buyers will be reluctant to come into the market gain until the
is clari- Indo-China situation
houses Identified on both sides of the market. Future closings: Contract No. 4 (world)
May
Jufy
July
Sept
3.20b
Sept.
Oct.
3.3in
Doc.
3.300
Mac.
Mar
3.29b
May
123b
July
Spot cents per ib. fob Cuba) 334 Öpen interests: 4,509 contracts. Contract No. 6
July
500 24.40
Sept.
5.CB 6.731 9.73b 8.736
STORES, ETC.
Dairy
Watson
242430 100 #10
500 a 24 AD
B002430
10,70 17.20 od at ET
25.70 200 25,00 G00 of 25.00
Crawford
COTTONS
Textbes
714 7.34 4000 @
1000
500 720
240 200
Yangtze Youmati Allied
0.20 035 17 16 Invi, 3.00
US Company Forming New Firm In Japan
fod.
New York Cotton Market
Colton
New York, May B.
went futures today
through the sixth straight session
of slow and featuroless dealings.
Prices moved witho
Nov.
Mar.
Spot-conte per lb. clf NY
ex-duty)
M 6.03 Open interest: 7,325 cupstracts.
-United Press.
CHICAGO GRAIN MARKET
Chicago, May 6,
Grain futures closed lower on six-the Board of Trade today,
politt range, then closed on a trend maintained during most of note of firmness on covering by the session. traders and a small demand from mills.
Final prices ruled 2 to 8 points higher. The market opened or closed unchanged to 10 points higher.
A
After a steady opening, selling Increased in wheat and soybeans
and found demand limited. decline of several cents a bushel selling to the other grai
CHICAGO PRICES
1 to up 3 points, New Oricans in' wheat anted Prog.
21.406 21.7bn
22.077 27.03.00
22.07b
22.146
United Press.
LONDON MARKET
London, May 6.
The rubber market was quiet with No. 1 ss spot quoted at 18-3/16 pence per lb. Prices: No. Re spot
determination of debtors to pool their differences in the field of trade and payments,
The payments formula ham- out by the expert is:
The debtors would make an immediate cash pay-
ment to meet part of their debts and negotiate with the creditors the payment of the ΟΙ over remainder
perlod years.
(2) Part or all the
of EPU's gold and dollar assets would be used to give a sup-
plementary advantage to the creditors
Creditors.
In return the would allow the debtors certain
of morgins credit for future transactions. In addition particularly
the creditors, Germany, stated they would adopt good creditor policies which would avok re- currence of the present position. -Reuter,
Anglo-Iranian's
Profit Lower
London, May 6. The Anglo-Iranton Oli Com- pany reports consolidated, net 18%-184 profit, after tax, of £33,589,434 In decrease of some 3 per cent TB-18%
from the 24,305,294 the year before.
Settlement house term:
June
18-101
Apr/June
18-19 101-181
General maricets, cif basis, porta
Mny
1776-10
June
July
18-101
Estate crepe, thick, May, unquoled! thin, May, 21 Baeyer-United Prosa.
LONDON METAL
PRICES
London, May 6, The tin market was steady while the other melað markets WETO also stendy but quiet.
Profit before tax fell sharply from £47,061,038 to £42,031,- 008, a decline of 8 per cent,
A finet dividend is announced
of
of 25 per cent plus bonus 12 per cent, both less tax. This was higher than expected.
-United Fress.
London Foreign
Exchange
Now York
Closing prices per bushel in Prices in sterling per long ton Montreal
Now York, May 6. The Plaudler Company an- nounced the formation of a new
Trading volumes and open cents: company in Japan to manufac- ture glass-lined steel and alloy interests in the Exchange today: Whost, No. 2, red
Spot Month equipment.
Open Interest Volume
May 61 (£3 July
The few positive letters mainly halled the courage also
of the author in dealing with better Whether the legend is true or
the "ever young and vital to not, it is a fact that the area problem of love"," has produced some hardened Herr Albert
Giese, Altendberg, said: "This
beings, The decolta inhabit an arch story in which human and its social workers now go of 1,400 square miles bordering apart from their
work, have the neighbouring village to the former States of Jodhpur This would be a sultable topic also the courage to feel spring. to the
people the
and Jaisalmer. They live in futility of crime, The welfare this arid wasteland in a cluster for a love film, which we sill centre has been to.
securo the
hope the (state-owned) of hamlets called "Dhania".
Defa co-operation of ex-highwayman
Each Juindan Singh who has become believed to harbour dacolts who
of tho
hamicis la company will one day manage 10 produce."ord a community leader.
Frau
Simon, ot often go to far-off places in Coswing, wrote: "It does Since the new approach wat search of their booty. made
to read at last about the a year ago, 50 dacoits
The Chief
Minister of good have surrendered
feelings of simplo human the Rajasthan, Mr Jainarain Vyas, authorities, 21 of them from the
1 am waiting for every beings. has said that the problem of instalment with an village of Sankara,
Increasing reforming the dacelts was "an thrill." economic problem which required Herr Guenther Borchardt, ជ psychological
and human metal-worker, said he parti
The President of Plaudier, Mr July Thero is u legend that in school
cularly liked stories in which Mercer Burgler, said the new λ Sankara there was a well and
We started at work played a subordinate part company would be owned by Mar. anyone drinking from it always Sankara last year but in the and the heart is allowed to Pfaudler and tho
May Kobo Steel iakes to a life of crime, The beginning the villagers would not speak
Works Limited of Koue. It would" det. story goes that there was send their children there, fearing The author defended himself be known the Blinico Plaudler scarcity of water in the
area that
education might make against the attacks in a sharp Company Limited. The factory and youth hamed Sankaria cowards of them.
Blx boys latter published by the when fully satablished would de uprooted a tree and found a ultimately joined the school. To- "Saechslecho Zeitung."
$3,000,000 worth of business. well beneath it. Beller has it day there are
cannot believe that the yearly, Mr., Burgler waith that whoever drinks from that The State Government has mualy and hypocritical, morals well will become a dacolt. been taking steps to mercase of
capitalist
Gullkornall, the new firm would society are
Book It la sald that a blous and Irrigation facilities for bringing with us,” he said. "Shui 1 63| leme part of the present, Kobe, Hay religious magistrate at Sankars more land under cultivation. condemned in the 20th century, plant.. thought of Taking to a life of Bankara has thus become in for words on love, Wallch then Mr Burger sold Philo crime after he had slayed at social laboratory in this unihim liko Shakeupband Balike. Kobe were making squat invoe the village and drunk from the experiment for timing dacoin: Maupassant, "2818" or "Gbella | inonta in the mares cortomers, whi well. The magiairatò was into, usotul citizens.- China Mall used long ago?"--China. Mail was designed to supply customers transforted but his successor | Epeciali
Special.
in Jaben and Asia-Rauter.
A Logend
·
Jaly
aro as follows:--
20142
Tin, pot...
3-month
Copper, pot
3-month Lead. May
AURUK
August
Amsterdam Blocked Mark
buyers seilere Hamburg
710 712
Copenhagen
Brusela
2
243
238
Lisbon Paris
3
Blockholm
DEDI Zurich
United Premt,"
NEW YORK FUTURES
MAY
Oct.
9.300
£20,000
30,700 £1,800
879,800
240,000
Sept.
Dec.
9,000 8,400
297900 196305
Dec.
Corn, No. 2, yellow.
3200
150,000
1
Boot
1005%
Zine, May
1.500
*91,600
May
noo
10,700
muly
Tots
22,700
1,780.300 bales -United Press. -NEW YORK PRÍCÈS
Sepit,
153)
142
May
218-70
New York, May 6. CLOGUE Price
Bayblana, 20, 2, yellow, Spot
4,
May.
5437
247
Nov
pt.
914.2011.
Vited Press.
New York, May 6.
Prices of metal futures closed today in US conta por lb. os. Follow Lead, May
June
Tin May
June
zino, MAY
Copper, May
Juna
13.800
Loudon, May. §. 2.51-13/1 11-15/16 2,77-11
10.0432
13-12-1/10
140,70-140.7 194114-1944
72.98-00.00
14.585-13.567% 12340-17205
-United. Proun.
NEW YORK EXCHANGE
New York, May 6.
11.01-13/16
2.15-4.10
Canada England-oftelaj,
uno Mela) 30-day future
e-United "Prem
28-11/10:
Exchange Rates
· Brunirjem » Wine^ done "En4h0" Bocat: 12.185 | unaftetel exebango market #1.185 mortiing at the dllowing water Fang | LA, dollar Gier. SE)
10.075 jaring, nõbus iper R}}
10.120 | Indonéskin condité (per 166|: 29.50|a|| Diam ticalspar 100)
20.506
· Singanore › (Stemtá),
“Ünlied PresE. Indo-China" gimetres. (par. 200)