AL
WO
POLIO RATES
PER 100,000 POPULATION
IN THE 18 WEEKS THROUGH JULY 24
04 7020 4 1 10 8.0
AM 2.1 TO 4.0
8.1 AND OVER
WEB!
SIENNA
ORLI
DIXAS
COUNTIES WITH RATES OF 30 AND OVER
SOURCE: NATIONA, POLO FOUNDATION.
AP Newsfoklutt
Polio Off To Fast
Start In
United States
New York, Aug. 10,'"
Despite hope inspired by vaccine trials, polio is starting out at a near record rate this summer as if continuing its long term upwards trend.
During 16 weeks since April 4, the US public health service reports 6,136 cases in the United States-a 24 per cent jump over the 5-year average of 4,920 for the same period, though less than last year's 6,633. In 1952 when the disease eventually reached its all time peak of 57,879, the number at this time was only 5,410.
Virulence
moreover,
of
reported disease, been the
through has been somewhat middle of July, was 280.8.
THE CHINA MAIL, WEDNESDAY, AUGUST 11, 1954.
Nevada the four,
one, Nebraskn Oklahoma
Texas one, one, eleven and Wisconsin one. All
through
TRADE and
Spanish Textile Manufacturers Outspoken
Madrid, Aug. 10. - Disagreement with various aspects of the Government's economic policy was expressed at a gathering of Spanish textile manufacturers held here recently.
It was the first time in some years that the economic policy of the nation has been the subject. of such outspoken discussion.
The Government paid great attention to the meeting, which comprised 1,000 Spanish textile Industrialists.
General Franco
made
the States buys 17 kilogrammes closing speech and three other (about 371⁄2 lba) a year; Britain, Cabinet Ministers, the Ministers | Germany, and Switzerland, over of Commerce and Industry and 8 kilogrammes (nearly 18 lbs): the Secretary General of Italy, 5 kilogrammes (11 lbs);
addressed Falange, also
the and Spain, 24 kilogrammes textile men,
(815.Jbs),
ويد
The textile trade is the big- gel single industry in Spain and employs. If the distribuíloh, tailorlag and retail establish ments
Included, nearly 1,000,000 workers.
ASSEMBLY'S VIEWS
trend The general
of the assembly's views included the following points:
1. A desire to БОС greater priority given to the modernisa
tion of industry in Spain.
MAJOR ISSUES
They asked the Government to suspend bulk purchasing of cotton and to allow the manu facturers to buy the qualities suited to their needs.
Spanish economists followed the debates with interest be-
raised cause the major issues affect the nation's future.
Some economists argue That
new industrialisation and | modernization of the established
2. Agricultural prices should industries must be the overrid-
be such that the farming class | ing general foundation of Span-
MIERCE
Singapore Tin Market
'.
BingkÞord, “Aus-10./
Tin took a sharp drop in the week's trading here punctuated with big fuctuation, according to Le market
net
Btraits Inesow by the lon for the tant work was $7.50 (Malayan dollar).⠀
One
· Bourco said the sharp drop at the end of the week was due to thờ desire by sellers to set rid of Recumulated stocka carried over each day nincs the two days when the market closed For the August bank holiday. United Press.
HONGKONG STOCK EXCHANGE
(From Our Correspondent)
Business done on the Tong- kong Stock Exchotige til morning amounted to $788,249.- 40, Noon quotations and the morning's transactions:
SHARES BUYERS SELLENA SALES BANKS
1689 1003
HK Bonk INSURANCES
Union
11 a 1600
Fez pas ade 100 ₫ 185 Underwriter 15
SHIPPING
Waterheat
All Nav
bluKB, ETC.
K. Whart. 20% Dock
18.46 Provident (0) 12.90 That Dock
has a stable and increased Ish economic polley at present..
power of purchase.
3. The money In circulation should be adequate to the needs of the nation.
The delegates paid most at tention to the urgent need to enable farmers to buy clothing
of The principal conclusion the assembly read:
"Industry, and particularly textile industry, cannot have a stable basis and develop satisfactorily unless the agri- cultural class has a high stand- ard of living."
The
alms are
short-
Other economists accept 11ຕ Government's policy of fighting high prices, keeping down note circulation, and giving the peseta a stable value. These deny their opponents' arguments that these sighted.
The textile industrialista showed themselves to be pre- ponderantly on the side of the first group-China Mall Special,
UK Hotel
Buying Strike In Britain
Hits Australia
London, Aug. 10.
A "buying strike" by the British housewife has caused a crisis in one of Australia's biggest primary industries-dried fruit. Since the British Ministry of Food decontrolled dried fruit Australian growers have been left with a £2,000,000 surplus on their hands. There is unem ployment in some fruit-growing districts.
In an attempt to win back the market, a big advertising and publialty campaign "A" being launched in Britain, notarvi
But trade experts in Australia say that high prices are le mala obstacle to be overcome and they gave a warning that other export products face a similar problem,
Already signs of "consumer resistance" to butter and meat, following their derailoning, art evident.
NEW YORK STOCK
MARKET
New York, Aug. 10. Stocks in strong and active session today recovered more than one-tha of, the $3,000,- 000,000 loss suffered on profit taking in the past four lon
TOO MANY HOLIDAYS'..
Businessmen here warn that unless Australia can meet the competition 1 prices Ord her country will not only find
Leading Industrials the air- protent markets drying up, but crafts, steels, motors, oliki the great potential markels 111 some metals, and, u host of Asla will be lost,
special. Lancs - and a large
20.48 1700 20.20
A that
13 (600 133
12.00 134
い
leading woolbroker said group of rails roer a point ta and more than 3 points in a vigorous
Excessive
public
annual holidaye were helping to renewal of tho advance in pre
cfgress since last September. price Australian goods cut
world markets.
Trading was active on the up-t They cost Industry £75 mil- lion a year and added more to aide, falling only a bit short of production costs than in any the, 3,000,000-share totain pilet other country in the world, he up in the three sessions of heavy- selling Just week, Volume amounted to 2,000,000 hores, compared with 2,200,000 yöaler- day.
..10.40 1015 500 o 18.50 100 ir 10% 1000 u 10,40 1000 10,50 fol. Humphreys 10.35 1934 1000 10.40 Reality 220 2.10 2.10 4665 g 22.10 UTILITIES
IK Laid
300 ** 149
Trains RB 10.00 10.00 Yaumail Ferry : 146 C. Light (9) 18,00 C. Light (N) 12.86 Flectric
8600 19.90
.... 29
2300
21.30
INDUSTRIALS
Cement To STORES, ETC.
Dalty WALION
higher than last year, with Alabama had three counties were figured on the basis of
cases making up 564 | with paralytic
a rate of 20 or
Telephone more, state health department reports Florkla
the Foundation reported California
ntite, to cent of those per
Louisiana three, Mississippi July 15, against 40.3 per cent in 1953.
The situations is no serious that the National Polio Founda- tion впул it will not be able with funds at hand to provide
for
inflicted whils the for an expensive pre-
care
paying
vention programme. It is going
to put on a special funds drive.
FRACTION
There is no way of telling ne ye what the effect of the trial inoculations has been.
Vaccine
developed by Dr Jonna E. Snik why administered 10 several lundred thousand children
in
The
Sweetness
Has From
Gone Turkey
Ankara, Aug. 10.
Much of the sweetness has gone from life for many parts of the country this Turks living in Istanbul and Ankara. spring. Yet the number was ko
a fraction of the general
says
smailon
Dr
John
Turkey's two biggest towns Gorrell of the Foundation, that from an acute sugar shortage.
even
If the inoculations were
per cent successful they raghi have little effect
sthie and general
of
For reasons unknown,
are suffering
hand in
to
were Cover.
BAD CROPS The Minister of Commerce, Don Manuel Arburua, told the assembly that bad crops had hif power of the the purchasing farmer.
London Foreign Exchange
Now Yerk The poor crops of 1853 may
Montreal well have reduced the purchas Amsterdam ing power of the country people asked Mark by from 9,000 to 10,000 million Hamburg
Brussels (£80,000,000 to £90,- Pels pesetas 000,000)," "he declared.
Stockholm
The toxille manufacturers Zurich
Others circulated figures showing how Prest little money Spaniards pend on clothing. Listing the clothing purchased each year, by weight, the population,
United
they revealed that, per head of
the
Singapore Rubber Market
Were
London, Aug, 10.
231-2.01 2.13 2.732 10.01.10.02 122-12 5/18
·31.71-11.71% 149,02-140.021 1839-0021
unchanged.United
London Metal Prices
World
Markets
Cotton
Measured by the Dow-Jones, averages, the gain for the market as a whole was the best in more than a month. It added more, Athon $1,000,000,000 to the mare ket value of ail Usted stocks
24.00 24.9) 1900 @ 34.70
-New York; ADE. 20. 15.26
Cotton futures were conler in
Aircraft shares, Consistent strong spots In recent sésalons "BILL 29RS** YOU 15.mai moderate dealings, today.
2000 2311 Nearby October and Deccni despite the general selling, paced ber rallied sightly in the lost today's advance. Gains for ond
or two
of the lenders were and at the "Telose" přicos (9) Cour 7.10 2600 7.10 ruled 1 point higher to 5 points
shaved mild realising, but
by New Orleans lower,
ns, Douglas and Bendix Onished with gains of Initial prices Were "up"8 to points: Lockheed and Glenn of 2 points as foreign and Martin' with 2 points each and domestic price xing offset North American Aviation withe
Crawford 23.00 COTTONS
Textile Corp MISCELLANEOUS
Yangimis Allied
New
6.70 4.073)
1500 4.10 finished 1 to 3 pointures issues such
York Sugar moderate hedging. Prices de 2-point rise.
Market
clined later en further Equida- tion.
Dealers reported
rather limited domana, Scale-down
Steel shares were prong J Egthichem resea ́ ́ point, mixt Youngstown Sheet & Tube 1%%%% New York, Aug 10. World No 4 sugar futures to-buying by mills axed prices, ex-dividend as offenle an Some inter-market straddling bunced they will make tours day closed 1 point higher to 2
between New York and New!
of both companies plants, re points lower with sules of 80
newing Orleans was reported, with the
merger toik. contracts.
Chrysler, whose lower earne
Domestic No 6 sugor futures pressure on New Oricans.inge and dividend it. Inst
weather report
for
covered 1/2 points of its recent,
The weekly closed 2 points lower to 1 point higher with sales of 218 con- from Washington of continued weak provided this excitie
hoi, dry and sunny weather profit-taking which market me tracts.
as a little less felt was long overdue, te London, Aug. 10.
The
market WOL influenced was regarded Tin and zine were steadier by the upturn
In the spot favourable than expected but it There today while lead was Arm. market.
was elso ex is not yet a market factor.
Trading votumes and open Prices closed today in sterling | pretation of an improvement in per long ton as follows:
the raw price. Future closings: interests in the Exchange todas | Contract No 1 (world);
Sept
Singapore, Aug.. 10. The market agalu sakred
Tiu #pot Towards throughout the day.
3-month the close, however, there was Cepper spot little overseas support which 3-month
Aug. Oct Zinc Aur Oct.
Just halted the decline. Futura Lend
normal closing#:
They then spread rumours
The Turk has a sweet tooth, and it hits him on very hard to have to put less sugar in the count- averages less cups of coffee and tea which he drinks every When all the figures are in, a research team at the University day.
Michigan School of Public
So for the Health will evaluate the effects
confectioners' į stocks. Meantime the shops
still of the vaccine.
well-stocked | enough are Foundation is hazarding no with the sticky pastries swim- demand,
ming in syrup of which Turks Bucks.
But shop-bought Bre so fond. the sweetmeats are expensive, and that suger was scarce, lending pollo curve has been mounting | housewives
thesome housewives to hoard it cannot apare
set out 10 corner the through the years even as re-sugar to make sweets at home. and searchers have developed
market themselves. new One desperate Istanbul techniques and medicines.
sident ordered ten cups of the on
When these tactics Inevitably the
ferry-boat which connects the It's an unpredictable disease, European
resulted In the disappearance with the Asiatic of sugar from the shops, they however, and the trend
Inshore He left
the leau began
OL to sell their stocks dicated by figures for the 10 touched, but carefully pocket exorbitant prices. week period may not necessarily ed the twenty lumps of sugar, be bons cut during the rest of two from cach cup, which had
The opposition put the whole the year. For instance, after thus COSL
two Turkish
thing down to government the fast start last year, the total pounds (about Ave shillings Inefficiency,
and sugar became case load reached only 35,908,
as against the fiva-year averagh of 30,618.
WORST TIME ·
The time of wors!
him
sterling),
Is Just starting. A peak usually newspaper
la reached in August or Sep-quick to seize on the paradox.
tember.
Ono caricature showed
a
No, I rubber per ib. Aug. G0%-003%
Sept.- 0022-0?
Oct, 00-07 ! |
No. 2 rubber nor ib. Aug. 301-06 No. 5 rubber per ib. Aug. 631-60 No. rubber per ib. Aug. 0112-8011 Spot rubber unbated
.... GO-0 Blanket crepa
No. 1 pale crope
NEW YORK MARKET
New York, Aug. 10. Tubber futures today closed 0 to 20 points lower with sales of 190 contracts.
buyers
zellery
..731
2294
7311
Oct.
72074
Jail.
23332
ACK
Volume Open interest
40,000 204.500
lasses and helped boister prices elstwhere,
Ralls, firm all day, spurted
near the close and finished with | ghins of a
or maris point, Seaboard Air Line, Santa Fe Atlantic Coast Lane, flock Island, Hinois Central, Kansas Southern, Southern Paclic. Among the few wide losets
offe
City
1.015,200 bales,was Phinix Hosio ITON"
NEW YORK PRICES IN
were!
3.17
Morth
3.10
Oct.
1.0
Dec.
75,200
A37,300
3.16.
Afar.
83,000
447.406
May
3.19.23-
May
02,000
July
spot-teenus per lu. fob
Cuba)
-Unlied Pres.
3.10
......... 3.20 Open interest: 3310 contracte Contract No. G
July
14,000
10.100
Oct
Dee.
Toul
3,000 238.400
21,600
Sept.
5.00
Nov.
6.81.
Mar.
5.43
May
.0.48
July
037
Segl.
-6.51
Spot
Nov
5.01
Spot-icents per 1b eit NY
ex-duty)
ઇન
Dec
5.51
Mar.
May
Jiy
Oct.
DBC:
New York Metal
Futures
Open interest: 132 contracts, Unlied Preps. New York, Aug. 10. Prices of metal futures today
cents per lb. closed in follows:
The market was very dull as buyers were holding off on ae count of the possible Firestone strike coming off on Friday.
Spot No. 1 Has were quoted
Leed
Aug.
Sept.
Tit
Zinc
Aug
Sept.
AUX.
Bept.
Copper Aug.
Sept.
#ept,
Mer.
May
London, Aug. 10. - The rubber market was very 1. Rasapot
a big political issue. The sugar The shortage first hit istanbul shortage pushed all other nowa in the middle of May, during out of the newspaper headlines, off 14 at 221⁄2 nominal. Future the Moslem fasting month of and a flood of mugar jokes, closinge: Ramaden.
bil, naturally, rather bitter- The holiday which ends Ramadan is called the sugar began to go the rounds,
And Istanbul's wilty infection feast"
ARRESTS cartoonists were
speculators Bapt. Some
alleged were arrested,
black JOKES
and market suger stocks confiscated. The Foundation's director of
But all the Turk outside the statistical services,
Arnold tourist walking along a row of grocery store knew was that be Skinner, Agures that the case shops displaying signs: "ghoker could" will und no
surmeateasy with No.
had quoted at 20% pence per lb. rato per 100,000 of population yok” ("sugar there is none) unless his local growt
Prices in the 10-week period 11s dying!
"Now. I see why some to sell to regular custora- your was 3.0, against the five- the Turks have a feast when ers, unofficially endowed to one No. 1 spot Ran ...... 20-2014 your average of 3.2, last year they
can get hold of some kilogramme (3.2 lbs) per head, stilement house term: rate of 1.4 for the same period, | augny,”20
Feeling ran high in the long and the 1952 rate of 26.
The government announced queue which formed autalde that:
thers ware sufficient slooks the shop of any grocer The rates of 16.1 enses per
and blamed the had sugar. 100,000 populhilon already re- rum,
Angry housewives - in ported this year in Wyoming, shortage on two causca: first, tiáo in mugar the thorthous 50 In Nevada, 14. In
consumption, with which even qubue beat up, a.. stranger
Who I tho, naléhbourhood, the greatly increased, produc- high, but in 1958 Tea had a ton the hot been abl 416 Reap hopefully Jelbed the line Ora 6 fight now" of 18.9. it in pace kind second prculation Sugar factories, went into #normal, says "Dr Gorrell,
and mountain by Black Marketeerde production parler charge Gal to: An early start,
-arid" 32.7 in Texas, sro, umikotida
Who
Markets, elf barta
one Sept.
.10. || katáta "creps, think
Az
are New York Foreign
Exchange
points on dividend
Out of 1,198 Issues # only 221 lower while
New York, Aug. 10.
·Prices of coizon futuros, today | higher. cloted be followi: Jake
35.45
4,00
54.10
34.02-03
-3643
-83.54
33.65
NEW ORLEANS PRICES-
13.046
New Orleans, Aug. 10,
13.30
Prices of cotton
futures to
day closed as follows:
03.246
9.836
Apot
33.48
New York, Aug. 10.
Oci.
то
29.10b
Cahada England-official
$1.0315
Dec.
34.21
2.81 9/10
unofficial JU-day futures, 90-day futures.
2,70-2.78
Mar.
2010/18
May
281 17/31
July
Oct.
Dec,
34.45-97 39.647-
$2,50
2.02
29.30b
inted Pro.
Lloyds Bank Deal
London, Aug. 10.
and Lloyds Bank Limited the National Provincial Bank that they Limited announced entered into agreement where
Ba_from January 1, 1955,
Australia Bouth Africa.
Canadian döller rate
Spot: close
Seller
1.0311
.1.03.
Buy
31051/50
high
1.03 1/10 1.03 1/18
1,00
10231/33 1.07 1/32 10124/33 1.0213/31 1.02
Low Tuture!
Jutkay '90-days.
United Press.
Lloyds Bank will acquire the Exchange Rates
National Provincial
Bank's
holding of shares in Lloyds and the National Provincial Foreign Bank Limited."
16.48
1950
the local Business was done in
exchange market him! na morning at the following rates: 1.3. dollar (per #11 Starting notes (per 11 The foreign bánk will there. Indonesian rupiah (per 100) upon, becomes, a wholly owned Flements per 100)
Bingapore (Biroite) mubsidiary of Lloyds-uns the indo-China Disastres - (per: 1001 title of the bank, will
OUTPUT
Tractor
LIVERPOOL MARKET
- Liverpool) Auz.-10.
prieds, American Closing middling cotton, 15/16 inch, thi pence per Iba were his follows:
31.72
31.80
Boeing,
trudod 703,
ore
a recent Invourli the most nelive, Ismuo, up
sharply at one time. It closed unchanged on fate realming, The New York Stock change bond volume was $320,000.
The
American
Stock
chango Volume și wax (700,000
shares.
"Dow Jones closing
were:-)
30.industriala
id:utilities.
ind #tocka 40. Bonds
Comm. future price. Index
CHICAGO GRAIN #PRICES
Chiengo, Aug:10:
Prices per bushel in cents: 31,43 Wheat. No. 1, rad
Dec./Jan
Mar/Apr.
May/June
July/Aug.
Omele prices for spot
cottons, a
American miduling
10/10th Inch 23.50 corn
3414 inch 20,34
Others were 'unchanged ;","
SAO PAULO PRICES
.... End Paulo Aug 19 Prices of cotton, futures today closed in cruzeiros per kilone follows::
county