THE CHINA MAIL, FRIDAY, NOVEMBER 19, 1954.
BEATIFICATION OF NUN MARY ASSUNTA PALLOTTÀ
The seine in St. Mary's Basilica, Rome, during the ceremony of the beatification
of the humble Italian Non-Mary Assunta Pulloita.
CURRENT
BOOK REVIEW
Communist Infiltration
A Norwegian version
!
about
tactics
Americus book
the infiltration
entployed
by
Tactics
Communist parties all guese
over the world, edited by the the Norwegian Labour
party.
Some
has
provoked
bitter comments
in Odo from various or- ganisations mentioned in
it.
rent ri
1 buck has be
for Netwo 261 2 party P
1
Party's wellous, lay
And
pon.
A DAJNE.
to brandest
gay mag
tangblade retorted
اول
ellerent political view
which Hanken B Ita
peditical debate form which we haurit one erat 11 Country
**tH་
ནཱ་ lk
are
the
botadamast Stud-
Wetl the Norwegia 11. polienka pr
Th GE WOSŁ War D
Lderal Student Fragr
TRADE and COMMERCE SECTION
Pago. 9
Germans after old markets World Rubber
in Middle and Near East
Frankfurt,, Nov. 18.
German industry is making determined efforts
10 recapture the position it held in the Near and Middle East during the heyday of Imperial Germany before World War I.
The flow of German capital and investment goods and of German technicians and workmen has reached unprecedented proportions.
German firms are building roads, bridges, power plants, powerlines, ore processing plants, concrete plants, irrigation systems and chemical factories every- where from Greece to Afghanistan.
The reydon is swarming with | West
German Chancellor. Dr German engineers and salesmen Komend Adenaner.
to Turkey
| helping to survey alles for new Fond the Turkish Prime Minister. plants, elenew blueprints asset Mi Adnan Menderes, t Ger- explore untapped mineral
mary.
Estimates put
the บ!}{ out Bras hove *** German capital exports to coun ceived biling etatoessions th tries of the Near and Middle
East sor "Why ke PARAL
refe
1948. a punase
West when and the YOGEN AN well
Eiermany's reonomic recovery righte exploration
EJI The began at rughly 1.000 milion Bebanon
marks (about 185,000,000) between 10 and 15 per cent of all West German capital exports, No detailed estimate is avali-
The concessions in Thrace and the
the Yemen were given in
Dedinacno Comitants at Bent-
厂
ו].
WINA
inurk, mostly
MALAYA TIN EXPORTS
Singapore, Nay. 18. Exports of tin and ti concentrates from Malaya during October
Lant amounted to 8.180 tonn, drop of 584 tons from the previous month, according pillelal mintisties leased here.
to
quantity exported [23 September Inst 3:2 0.764 tons. The United Slater hought 3.775 tons of Malayan un during Octa- ber, while the European Content 778 tous.
The Valled Kingdom and other British
possessions hought 1,100 tons.—France- Presse.
NEW YORK
STOCK
MARKET
TODAY'S
SHARE PRICES
(From Our Correspondent İ
Markets
Singapore, Nov, 18. The Market «ponel better an recovery of New York. There หng Niort covering and mo speculative buying and prices advanced dwing the day. The was also Tutie prent-taking, but heavy lng dweedojed. Püfires. closings:
No. 1 niiber på
12
Dec.
Jan
Feb.
2006, 2 rubber per [1.
Dec. No a caliber pe
In
-P 82-1/30-82-3/10 lanquinted
B14-03
-90)
303-30
-
Business done on the 14-04- 1700.
De
kung Stock Exchange us more (No. 4 ralites para ti ing amounted to $830,881 Noon
Spest rebla: unhado quotations and the nagtutug's | Dibuket Pompe transactionK
NA 1 pale step
SHARES DUVETS SETELIUS SALES
HANICS
RK Bank
1878
1
En Arta
INSURANCES thom X&
tel. Kudlerwelter
TOKS AN
A Wharl Duth
ויי
A TALL 00-01
AMSTERDAM
The market we quit. Prices and closed coating In jadidera PET
kilogram, CIF Dee, as follows: NG 1 rules
TAGO
No
1 Mill
3 miles
513 411
Dora
No
1
A
1 914
13 AM
J
וז.
ના
LAND F
2K
750
25emipareys
Moudly
Su Ferr Younati
Ferry
דען
ول
NEW YORK
234 buyers 133
points high with sales of 30% Contrucks
Buying inderat, evrdag mala- ly from Wall Street PEGAR. akm hem, was supplied cas a reale-up by dealer interests,
Bisess Jo ilan physical narke WIS DO Que qubt side, teso lalthough jajowe se stan to strong, wire a prier pup of lá
AMARIME
1170 7 13 49
jerki 13 70
1.3.40 1
291-uyer: nu!
"
12/M1
300
11.20 of the the.
Novobe
137 140
150 137 C. Light (0) 100 th To
Light Electric
(N) 13,20 13 40
1500 11:30 29.40 29 13 3700
30
341, 361,
New York, Nov. 18. A wave of profit-taking-- first real selling of the post- dection period hit the UTILITIES heim The righ's in the Turkish 1able of the total value of orders stouk Bankof late today,
Thrace
given given to German builders, but slashing $1 1 $4 a share Part Oslo, exclusively to Deilmann, while they Γι Into hundreds of
from mans lenders, millions
The selling bit in the
with trading
Macau Miner Chough
Telephone Terve as it 100tibg Uckers three minutes
INDUSTRIALS floor transa thomas,
Cement Despite
1ks ne 780,000-stte Buk hair hour, kurnover for the day
STORES ran 300,000 shares below years.
Dalry day's 3,830,000 shares. Incurtatal stocka.
{
tur 1
11 EX
that the Communists. unlike other patton. Juttist ከነ
letal student growt Hidrough 11 t Byung t
+
y
the
Some
za umpe,
{t-A བ " ་ |
♪
ahr
thebandy the printed Flobals statements
32425 Inve
et ee
Dagisinde
1.
**
har eller gapemand
Governm sprit shops deploy
1
Janin
Gay Parl
A
4 although 5,400 Cope post which is regarded as Jt fi qu 1 Norwe for peletajal posingaldea of the £31.
རྟ་
www.L
Anta The pat
werdet S124 K.
W
34 1.
Blutate
the humuudarian "Cover 131- Kurvisations", which try to give The pression of being Chardy- political
But
Mart Dowd not vel insulted Latemar Purty
ang-nisation. FALL I
farg 4044511
whurch the only weapons Twinchess of the changes
Chr
اترا
t
it ce que ter
well-known map-Con, upra
in its EXP BY invidial, who, ne such, had le cha maiorly of pergite am
to Contamism Intel Communis of Vaforma Unexploited by the Chalets m
Laeties. But many of themt
The Cominonist methels. mel Mr 15% halle
put- book, together with the Tetty a enved not lowest nwbig to the Dagtilades protesis
•June has
much tor open pruple's eyes
B
afted The Crudurmation Weapon +Melraw- Fit Hook compare. 111 Now Yok. Toumanie: an. Lontio
}
יין
LIS
12
thin the IELTS
12 much ly
sinatesty."
Mr Flankan Lie. Secret ay of the Norwegian Labour Party on? Fallor of the Now windan vetrou, in fu. Pore- སྙས ་ ;』'
the naal Court he had thed to Corant vint tearly
Don't of book whi: he engali be acel sam W work. WING ATC
Poterer Selznick
ventet 11 Cmununistə
In
111
Y
11
The
McCarthys næethocks," at wrote, "undemo- cratic and saits of a disease in Norwegian entorney We
had
K
362174 to Ispre a warn
;
totalt
Cromuhit pants
advantage tackars
Mr Le declares, 101 Nugway, the Br
The aut
hon
! Bras
1
เล
TI
sta o m
in
when we start to discus prople regard the party a. whether to Seart of the Press
SETTORE EY ll be general or whether Coni-;t need to be taken
estew of the mom te and pactos shall be fal
zulte acbied by a
very small intimber of tamatie Cominus's Bat M Lae b.th guarded in the Czechoslovakia coup
he He nubed that with buc
proyes conclusively, against
"McCarthyism", BAB Thanks BLOW
aturge. The rent ev aetiori herre | 29ys, that numbers are del de- Norwegian Communist Ply
Jugnist Mel Carthy has been used / visive China Mail Special. traders
nitratio71
The Contatonists as a means stant and youth organi aclubes of consolidating tric position
into humanbarian groupe, as the dead and
persecuted the book thinkt also Itov.
of the rection
etmumanaly the declared in his booklet, achting nage to ofhines outside Labour movement.
Metaruny ironically
inert fore! setutex Communist others who attack Commals's are guilty of the same form of rhuset barely steady miter a day for dis ant irregolarity: Intolerance
rebetipiry of
1816
Es la tronk to see how well mending women and men allow
1 elves to be exploited tools for the Communista, Only k.owledge
enlightenment
in
ودنا
$10
LONDON WOOL TOP MARKET
Wood
the
those
the Greek
ul grap The went to a combinatiofi · secured against sUT British and of Deikmanni and
Athens Amerten competition. The
Association
Dĺ German
Steel Builders said that since 1948 ts
received members had vrdies
1.
more
FLOW OF VISITORS
Diplomatic ties with most the region have been strengthen-, ed and there is a constant dow I then to Wil The bonds between Turkey Attic} Germany have been renewed by visits of the Iron and steel building industry
export totalling
then! $100,000,000 (about £33,400,001 of which the greater part caune from the East and from L America,
ery.
World Cotton Markets
New York
Nov
1# today
Colton Inlures eg joyed a tan
alth
Prices selled back gradually after opening allempts 1 word a rally, but activity fallened ond on the reaction.
The export business ul
the
• Tusc from 64 milion (about £5,350,000) in 1950 348,800,000 marks (about
£28 million) in 1933-4 rise from 82 to 00.2
cent in ha per proportion of total business.
marks
to
EXPORT STEEL 1954
Птота
tenlos come within a stand al the all-time peak of Sept. 3. 1929, fell $2.25 on average, and als dropped $1.09.
Julities. however,
maqanged to rise a few cents, despite a $1% point Jos In Panhandle Eastern Pipe Line, Out of 1226 issues trade (17 were lower. 302
higher
TRADERS HESITANT Traders were hesitant all day
the market
nearly
In September 1954. the stcel builders alone hud export orders with
on
totalling about 300,000,000 marks $10,000,000 since election and Just below Industrials their ind about £35,000,000) | books.
their al-time high., Many in the They reckon that this means at least another 300,000,- Street felt there would have to
be ar
an interval for consolidation 000 marks worth of orders for
couk break before industrial through, although the concens
of
is for a continued advance over the long term.
Hardest hit in the selling were isajes such as the stecis –
the un
tiprdct pace-setters
German machinery and export MUNE 1 The bus metus
consumer goods. at in di 141 ple) am.ng
Breent deals secured by West Longs in Deyrankes, and cipating dest nature slay
NOV 23 German industry include:
of four 1. A tiller
consortium Byudised waiting
Germin
sicul tram ferred to the later positions.
firms is building works, Western belt
coking Tigetting.
plant. and a benzole plant layers antonia plus calising by reven
the by shushppointed
marker's plant in Turkey lack of sustained relying power, 2.
༡ The Badische Anilin and of Ludwigshafen found trade buyer ledding back | Sodalubrik awaiting for better yportuni- with Friedrich Uhde K.G. of
Dortmund
100 Is building i
ties.
3. Three German Arms are
Bethlehem lost 144 points, U.S.
Scrylo
WALI
L. Crawford COTTONS
leping
apart suosi
kaun sheets padal
in the foITIONA fat 20 conta
Futures ebeings were!
+
Star
Mns
Jule
Birgit
.NK]
The London rubber
20
21.50
YO NA received this morning. -United Pass
NEW YORK COTTONSEED OIL
New York, Nov, 18,
futures closed
1:20
21 27 10 lanka 1209 EMJ
Coltonseed call
trking in eerbi jas Jb, as follows:
2027 10
Dee
14.00
Jan
XATE
Man
14.86
Mod
14.00
Jul
1185
Sept
1-1.330
Opt.
14.00
S meme United Treso
门户
Textile Cores 10
Nawang
MISCELLANZARIA
Allard
SMALL LOSSES ON
HONGKONG
MARKET
SHARE
was
By A Special Correspondent
1
The Hongkong Stock Exchange got off to Stee! 19%.
good start early this week with demand spreading Chrysler slumped 2% in the
to utilities but when China Lights announced muters and General Mot as was
point,
their dividend on Tuesday the advance stopped, off nearly
In the ails. Cities
Land 33 utilities cased slightly and the following day there Trading volumes and open in- million marks (about £8,500,- ( 2, Texas Preife
points.
some light-scale profit-taking which con- 009) nitrogen plant in Turkey. today terests in the Exchong
Rails were bard hit. Santa
tinued until yesterday. Coast Line Opterest | buliding a huge dam and power Fe and Atlantic
than 2; each dropped
Southern of Rock Island,
Fall- and Union Pacific were is down around a point or more",
Lowly Graham-Paige, thever, was
rising to 1.
The New York Stuck change bond volume was 070,000,
WETE!! Mr
Volume
Deu
33,400
293.400
M
34,300
May
23.200
101 TIME
Top
London, Nov
futures
18.
July
18,3
mau ket
Del
[
285:9,400
T
73,000
Mar
18.00
Tolai
2,801,500 Uniem,
thought. At one time all at.acks munths prices both sellers and Fon Communists were rejretesi - buyers were higher. Turnover
with the German word Helz W 173 lots Now they are met with the Irish name M.Carth
But la
other
Che prices: ཌྷa'slbet Margh
11.
Vias July
The September
In October
December
Mauch
Y
in
newspaper
to prevent these things belig, book has been welcomed, jepeated too aften," he rou- Co crvative Mmgënbladet
is leading article, describe
most minn #dable effort.
chided.
The booklet is mainly based, should be read by everyone t:1 the material Profesor, this country, tha
added, and subsequently ran af four-day scral of the more lin- ! portant extracts from the book.|
Selznick book, apart from some frum Com- of the quotations munist literature which Mr Lie has elected as far as possible frem books and other publica- "We cannot chore Dagbladets tens available ire Norwegian hysteria about the book," wrote
translation.
Morgenbladet, "The en'd war is
plant
on the Saryar River in one of the wildest regions Turkey.
1. Krupp AG. of Essen 1,00
planning to build a bridge over GOO
thic Bosphorous between 120,0 NEW
Еигорера. YORK
and the Asian parts Prices of tulures closed today { of Turkey.
as fołowy:
HIN
117-1197
117-A 116-117,
110-17 22015-117 10-112 115-117 -United Fress
LONDON METAL
PRICES
London, Nov. 18. Metal prices closed today in Bght not for front lines and, sterling er long ton as follows:
buyers seller
December
Manch May July Deliber
G.
A German machine build- ing factory is setting up a sugar factory in Turkey-China Mail Special.
Why
C
the active
how- lender,
Ex-
84.
The American Stock change
volume was 1,000,000 phares.
Ex-
11
Watsons have done better with a ris or 30 cents on the week 10 นาง and this I hear is duo fact that their balance sheet is better than expected.
China Lights
it announced Anal dividend of 70 cents
The share tax tree.
market was hoping for a live cents in crease and prices rose in untlet-
thut pation. The feeling was Lights
Nanyangs announced their Increhad their dividend other utilifles would follow sult.
Interim dividend of 40 cents' a The market is That
the share this week. was why, when the
hoping the total will amorini to dividend was announced.
at least a dollár-the sane shares [11 fractionally.
last year's dividend. The share has 1 down stay on the we
A
the
most
groun
cased
But
House Street DOW JONES AVERAGES
some incurable optimists, Dow-Jones closingt averages on number of brokers are
Indiny
New York Sugar war
Market
stiil
де
The Rubber price in Sing pore slipped from 83 to 79% afhoping that at least two utilities
and then cents on Wednesday will come good with a higher came back to 02 cento yester distribution.
34.741
14.01 34.30-40
34 67
34.83
34.48
December Mareli
34.30
34.41
NEW ORLEANS Prices of futures closed today
follows:
Street
industriou
were
377.44
as follows:
* Tis
1211.22
Sout
23.55
13 tes
50,30
December
31.01
3441-42
24.04
World No
34.65
closed today
24.23
34.38
points lower
New York, Nov. 10, 4 sugar
futures to 2 unchanged with sales of 38
65 stocks
131.07
40 bonds
700,00
Comm. Nutties price index 172.93
Unlied Pres
34,53
Marek
contracts.
Domestic No 6 sugar futures LONDON STOCK Futures closing, American closed 2 to
2 to 0 points higher with
sales of 13 contracts..
MAY
July
netaher December March
LIVERPOOL
middling. 10/16 inch, in
pence sales-
thetr
Tio st
-htt Copper pot
-mantis Lead Nov.
730
per b. were as follows;
J
724'
31.00
27912
31.00
207
200
May/June
32.00
ca
J0:14
July/Aug
22.03
Feb.
10434
⚫ Oct/Nov,
31.73
Zine
Nov.
14
Ata
Fch.
Bik
-United Presi
Buy Me Las also included strategic positions, but for the a number of examples of Com- minds of human beings, nis tacties Norway and thoughts and faith." has named certalo organisations, individuals and one newspaper, which he regards as the objects of Communist inltration hi this country.
It is particularly these parts of it which have been the sub- Ject of discussion and comment here.
Towards the end of lils book,
1043
Dec/Jan.
MATJApr.
PRICES
Manganese
South Afr
LITTLE CONSOLATION
touched
Banks
{ day. Share prices followed the
raw material prico down
On
nnd
Chicago Grain Prices
the
Chicago, Nov. 10, Prices per bushel in centa::
Closing price Unions rose sightly this week Wheat, No. 2, red);
und (local registers)
It is probably little consoit came back again with yester tion to those who have
bought day's improvement,
on week, they are pretty steady. utilities only recentis---but
Turnover this weeke has been balance, despite the slight check on Tuesday, this group is sull moderate to heavy. up on the wook. Trains, which on Monday were $19.30, were *All interest centred in the de- !
done yesterday at $10 at the close. Lights $10.00 on Monday mestie contract, where confusion
London, Nov. 18, of the tm-
WATC $10.50 yesterday. Eletrics, prevalled because
Lonton Stock Exchange prices $35 on Monday were 50 cents overnight by the Goviced today as follows! expected
lower yesterday and Telephones ernment cancelling its retentar-loan 3
which Ofeint values for spot cottons 50,000 tons increase in the Im-Japon 11824) Absented
$29.80 on Monday Include:
Canarian Eagle Oll port quota.
were $29 yesterday. American middling
Dealer sald the action was without precedent since Congress Dominion Reefs
(klerdrops eugar market in 1034. Under Harmony Gate Mining" The Sao Paulo cotton prices the law, the agriculture. Scere- Prevident Brand Gold..
received.. — United tary may valse, or lower quosan | Anglo-American Com.
160/19 during the year, regulating his
0/0 and New Union Coldfields. notlin with supply fiemand De Beers Consolidated factors, but never he an an
310/710 muncement of a quota chango
7970 beta motto and then erzinded.
12/3 Beth buyers and scilers werÓ temporarily withdrawn from the market until the quota plcture feels rißed, dealers reported,
Futures Closings tha Contract No. 4 (world) G6j0Jamie)".
10/10th Inch 3.37 Tith me 20.37
Mr Lie referred to the Com NEW YORK METAL Mexican middling, 1
1-1320d in 33.59 voted controls over the detestle
munist efforts to identify them=| selves with agitation carried out
FUTURES
Desser
December
14.110
by other groups. As a typical the he mentioned The newspaper concerned, the exemple
New York, Nov, ju. independent Liberal Oslo even- propaganda carried on by the Prices of metal, futures alosud Ing newayoper Dayblades, Communists in Norway
wan
indor today in cents per lb. as follows: the first to react to the book, cover of the opposition raised by Lead. November
December which it described
dis cortain groups of intellectuals По ц honest form of argument to usd here against Norway's adhart Tin November in political debate,
ence to the Atlantic Pact. Thgo zle. have also been a number of The newspaper was mention- people here who have boon Copper November ed in the book in a rection critical of the big expenditur dealing with Communist efforts on defence' and on various other Pres. to "neutralise" their opponents aspects of defence and foreign by placing Communists in polley: honest, conscientious newspapers and other organs people with doubts, homimations which Influence publie opinion, and scruples, nm by using 'polically malve personalities. In the Press...
"And
without knowing it themgolvos,” Morgenbladet -com- It is always done in the name monted, "they have their great of tolerance, the book mild, and ost admirers in the executive of Mr. L' version valded". "In the Communist party, 24 Norway Dagblades, is today une "Among the humanitarian and doubtedly the most effective i other. "mon-political”! · Deganida»
December Babid spominal
Exchange Rates
Bushe was done in tha' locat unofficial @xchange market morning at the following Yates: U.S., dobar (per #1) stationg noten (ver, Lydoran bin rupiah: (per 100) Slam loss (500) 108)
Others were unchanged
werd not Press.
London Foreign Exchange
New York Montreal Amsterdam
Calo
Tart West Mark
Others
Londen, Nov, 18.
11/14
Faited dep
RUBBER OUTPUT
The Rubber, Trust, oufque, kur Malaya 512,000 lbs. and Burrina #118,000. 186.
South Afr.
Mutes
Rhodesian Anglo-
American thogendam, Broken
POR
200+11/18 |
40/3
19/0
W/3
as scrip became scarce.
417.
Land shures generally
70/+
United roN.
.:
wero Dec. 2201 (10) 228 (2)
Spot
DAT
in_good_demond with Hongkong MAY
Land Investment and
phreys stealing
the
Hum-July limelight, Bept,
Lands are up $3 on the wook Corn, No. 2, yellow and Humphreys rose $1.30 be-Spot fore-cusing back slightly yester- MAL. day. The rumour responsiblo Biny for. this increase was that there July was going to be an amalgamelye tion between the two companjer. Des..
Sept.
New York Foreign Nobody in Ico House Street is Stat
Canada England
Exchange
Africa
Others
Dec.
baking it very neriously, though, Outs
Cements had a quieter weckt. Bellers are holding out for Bayhea 33834-26 cuits less thin an spot Tuesday-but there has hoan Now, 2018/Hille buyer interest.
New York, Nov, 15.
$1.00161
re: 2,62-2,70
ADS MAR.
MARA MENÝ, Chester WATSON'S RISE
July Tuturum pre 110,7/16 In the Staros, Lane & Crow= | Bapt,
Thais/1efords are hovering around Ba PAUL060 #27.40-$27,80 while Dairy Boot Wangenaam op Taime, sill ahead on the wack, Now were unchanged,United hava slipped; badle: to #30.03.