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KEIN GEWER
THE CHINA MAIL, THURSDAY, DECEMBER 2, 1954.
These German youths were some of the many that demonstrated in the streets of Munich against the proposed rearmament of Germany. They were organised by the youth organisation of the German Corporation of Bavaria, -- Express Photo.
Sir
Current Book Reviews
Winston
Looking
Was
For A Jujube
Britain celebrated Sir Lebar The mill elegant figure of į Spencer Churchill,
of the
Servant of
Patrick Buchan-Hepburn, Jerman and Commnaealth,” Winston Churchill's 80th The Government Chief Whip.
The contributors include Lord birthday on November (sters gravely along the Treasury Samuel. the veteran Liberal
whispering
Entrried A
tatesman, Sir Anthony Eden. 30 with
of a spate
to the Ministers me.
Foreigh Secretary: warning
Mr Attlee, Mr
5. Amery. written. spuken and
They throw
former Secreuiry of State pack glance
for tributes to his states in the direction
India: Mr R.G. Menzies, Pritne Minister of Australia, His High- political way manship, his
"Captain Chirk joper Soutons,
Txt The Agu Khon,
Mr genius, his versatility-Sir Winston's sou in-faw and Bermarci Baruch, one of the Parliamentary Private Secretary | Prime Minister's oldest Ameri- and his wit.
bows to the Chair anet takes ene friends Chien Prime his seat imminediately beldud the Special refront
apa y restaved tor To the ben of Ministe being an echogenaerba #lunulatan
"Anxi
The T
Mester
of the pr
יי
welta and Live
Che
Ma
Pas trapeb PEINA
of the etdieu-puterfly
Je
He will v K
14544-1
peter
1
اده
#chee
ARX
| reparations, Binge is Sur Wi- himself He moves b xlv. Arton ld deliberately.
of
Some the flouse of commony, he shoulders hunch-
the Idea of being a really
man--405
wil
Sea Stories
Three stories are among latest autumn issues
unusual
Coonnoma, which still counts one and hits massive head thrust British publishers.
for 1ts
forward
WILS
TRADE and COMMERCE SECTION
U.S. FARM. PRODUCTS NEW YORK
Domestic Demand
Still
Continues Strong
Washington, Dec. 1.
The Agriculture Department's Outlook-and- Situation Board said that United States consumer income and domestic demand for farm products continued strong, and agricultural exports are running slightly above a year earlier.
are
Courtaulds Reduce HONGKONG
Yarn Prices
Latidon, Dec. 1. Courtaulds Limited, an- nounced the reduction of the price of their spin- dyed continuous flament Acetate yarns, foxcept black) by 9 pence per lb., as from Dec. 1, 1984.
The reduction also ap- plies to the Company's spun-dyed acetate spēċial- liles, such
milispan, apun-dyed, stub yard, and spun-dyed strip JAFTED... United Press,
The survey reviewed many developments in World Rubber the United States general economy which potentially helpful to agriculture markets, but was notably cautious in predicting price trend and demands for particular farm products.
Markets
Singapore, Dec. |
Paster the
The Board refrained from significant comment
After прече concerning the outlook in the wool trade, but said that market steed id on reports that imports of both dutiable (apparel) and duty-free United States evnsumption (mostly carpet) wool in 1954
|would be higher maxt year but through August were
la the artwanym sellers domin substantially below those of the January-Augustalet the
market and pres period of 1953.
! nugged. Future ebxings went
No 1 ruboet par ib. Imports of dutiable wool for
Jur the eight-month period wêre Feb down about 43 per cent and of No. 2 rubber per th
Der:
World Cotton duty-free wool about 28 per cent
Markets
New York, Dec. 1. Colton futures declined today for the second Consecutive session, Trading was moderate, At the close, prices ruled six to 12 points lower New Orleans futures inished three to $1 pones lower
There WFLN
overnight hedging at the opening and 13 amited trade deñiand as prices Two ruled li
(0 points lower
Bittyink points higher. mostly on a scale-down basis,
Further hedging and some sea
profit-taking
afterncon In the the held
at their contracts of lown for the day.
"A
most
Many traders were awaiting
which the Joan figures released after the close.
Dec
Dec
£U-11718-80-13, 16 40-7/10-60-9, 12 unquoted
BOBO Wool prices in non-United No 3 rubber per l
TH-70 States markets at mid-November No. 4 per i
123%-16! were reported slightly lower Spal rubber unhaled 002 +80**
one month earlier and Blanket erepe
74-70 substantially below
year No. pale ciupe one
2015 80% cariler.
NEW YORK Boston quotations
Futures today closed 00 to 70 domestic wools declined 10 or 15 points wer with sale of 136 rents per pound, efonn basis, between mid-October and mid- November,
for
CATTLE PRICES
most
contracts,
to Season
STOCK EXCHANGE
(From Our Corresôondant)
STOCK
MARKET
New York, Dec. 1. Prices on the Stock Ex change declined more than a point today in active deal. ings.
All departincals joined in the sell-off which was the widest in the Industriala since Oct. 14.
Market exports were not Today's market Busincas done on the Hong-alarmed over
They pointed out that setion. kong
Exclinnge Stock
thi
the Hat was
for way overdue morning amounted to $1.650,
because of the re- 194.80. Noon quotations and the morning's transactions:
KITARES BUYER) SELLERS BALES
DANKS
ик Bank
INSURANCES
15
Landard
Thuleswyltern SLIPPING
Amy NAV. DOCKS, EN
K Whart
10973 Inga
21870 to 1978 501075
1119
30
3200**
Jeenton Warge which
moved Industrial shure to all-time high.
[T
Trading throughout the session wna uctive. Today's exact total sales of 3,103,210 shares, moved salts for the your to date 10 more than half a billion shares. This is new high since 1939 and indicated that 1054 would be the seventh best year
In volume in th 182-year history of the New York Stock Ex- A change. Yesterday's sales lotailed 53143,440,000 shures,
TICKERS LATE
740
14 100 A 80.
600
14.
170
300
Block Provident
K
201301
13 80 50
16.70
1000
Wherlock LAND, EN,
HK Hotel
000
† 10,300 in 147 14.00 2000
1000
HK Latick
The markot opened Delive 10.BO with
running lato 2000 15.70 kortly after the opening bell.
However, dealings turned
dull 14.20 before noon. In the last hour,
7000 144
14.30 volume picked up considerably
1000 or 14.00
on the sell-off. Just before the cloeing
again gong, trading 910 is plowed with a number of issues
100 60,
500 60
1000 8015
2400 r 00.
100 # 10615
334 001
200 0315
234 23.90 210 2.15 5000 sp 2,12)§ 1000 7 2.13 20,000 2.125
201700 € 110.000 1000 m 0.70
140 30 130
recovering a good part of their earlier losses.
Of the 1,238 issues traded, 045 closed lower, 347 moved their higher and 246 held at previous close. Now highs were registered by 60 stocks and 4 made new lows.
Eloeing Aircraft lcd the market in turnover with 85,300 in the changing hands.
100 130 shares
300 M 108
178 17:20
38 1000 3755
2000 M 373
1041,
3000 # 3115
3% 37% 600 në 37%
M400
10 19.40 000 10
STORES, ETC
Dairy X H 24.30 2415 2000
Itta.
Watson
10.40
Tails, a few stocks were hit hard before they met support.
Aircraft
stocka were smart performers,
Stect equities
да
as a
group
met consider- ablo pront-taking with Bethle- hem Steel the weak spot.
Elsewhere, motor shares finish- ed mixed. Metal shares
wer? strong along with aircrafts.
The
New York Stock Ex-
bond volume 25.40 change
#5,140,000.
The American change
volume shares
18 10,30 500 #1 KB,20
L. Crawford 24.80 COTTONS
Textiles
MISCELLANEOUS
Yangizzze
Allred
1000 / 10.20
7 120 #1 6.90
4,30 4.31533000 er 4.2715
12900
Humphreys Realty
UTILITIES
Tram
Star Ferry
Commission
house selling
!
lowered The
terminui, while
hwor Eastern cables and lack
<
Dec Mar
whb
Biert
of consumer interest brought a The Agriculture Department decline to the outsida murkel. Board said that United
Spot No.
Rs were quoted States cattle prices in
the
Telephone next tow at 274 cents. Future closings: months may be at least as high the one year earlier.
{
10.70
130
Ferry 187
Light 19) 17.29 1740
¡N) 13.70 Light Electric
312
Mixin Elee 1140
150
200 # 16)
1000 6 17.30
14 1800 or 13.80
3.
21.30
2720
the
WITC
the
crop
a:
Were
December here
by a leading spot interest
Trading volunt anc open interests in the Exchange today.
Board said No. 1 Ras apot States
1984 Bettlement house termi Wis
ontimated Jan 13,100,000
bales ramming (equivalent to 13.290,000 of 500 pounds each). raised
the estimated States supply for with
the 1054-55 General markets, clf basis, ports: inarkoting your to approximately pre 22,000,000 bales.
It sold that United States cash prices for wheat In mid- November were at
about the high level for date,
Corn
prices are expected spot quoted at 24% pence per ib. to advance later in the season
The Agriculture United that There ection
July
27.10b
INDUSTRIALS
C'emenit
Sept
Doc
27.00b
Bon
LONDON
The market
was quiet with
Prices:
2412-2434
231-24
Feb. Mar bates: Jan/Mar which! Apr/June July/Sept United Del/Des
Jab Feh
AMSTERDAM
erded
of through
4.800
the Merib
wert
P Minister
Pot the
las hay ecane to employ them as a weapon in dohet.
Ike
his
be exploits of 195 where
what,
ys of the indesione-magnetic fran as the sole instrument of navigation to the present day ol The book has something to railer aus He surveys all the say about Sir Winston Church-vid
evidence about ile anelesit ill's temper which, the authors, Chinese na semen, the pioneer- May arport, "to put it mildly, Is not
by ng in the navigation field one to be relied on “
early Arab mariners, and pays
Prince Henry to ¡tribute
1,300
MAI
72,400
Volume Open interest
77,100 200 300
NITY
40,700
1,020,300
July
24,000
Chest
B000
110,100
Des
1,700
14.200
J
Mar
1.200
24,100
1,500
12,000
Total
158,300
2,000000
NEW YORK
Navigator
founded who first tehool of navigation Portugal.
the the
Spot
This book (published by B.T. Batsford Limited-21s)
Dire
Mer
shows
Mav
Judy
01
Dec
Mar
Any
lum' av ermachi ny ever
A quick look promi fun a well wu ke damarut
the House, at the (Opperition i First to appear Appropriately, a
Front Top of new
Bevels bjxwate
History of Marine Navigation" beks tim:
with the Public Gallery. conselle
and beay Per Coilinder, translated Prime Minister's buth-
down
seat from the Swedish, which tells devoted | fumbling with his hearing aid " simple straightforward style Winnten
The authors declare that when Geoffrey Sir Winston Churchill #est har story of man's baltie
ta
anciu bes "The Wit
<21
Churchil try Mr
Williams and Mr Charles Rett. Coublished by Max Parrish and Company. 14 Londen B 617
pictio e
IT RA a fotkinat
of the pas
wat wh
The Efe of Compus
th
બ
Cognet gas, by needs fig tin, be hint tanie el an edgren
dry up completely
By the authors tell
It.get foo Air Hugh
Geifskell, former Labou Chun- velle of the Eurhequra
"Mr Gaitskell was bury marshalling him facio, and the li - Hotein were following
with interest, when.
SWaste 11
wat
feet and carefully examined the
株式
·Japs
Arv
his
the sea down the nges, to resort to hearing auts as Iw
Collinler traces the history of Years ago Ba
extremely reluctant to be seen using themvigation from the first
13'(64
in public "Since then, however.
sen voyage
igo down
a belief that substantially more cotton must enter the loan to bolster marke!
1} There
13 transferabic notices issue
402,400
Prices of futures vivsed. Biday as follows:
NEW ORLEANS
34.75
34.12
34.45
34.10-72
34.05 34.00
34.43
34.45
34,60
"He has got past the ag If he ever arrived at it-when he could suffer fools gladly. At Strasbourg (the Council of the growth of navigational In- anteeked about with a - Europe) in 1950, he sligmatised struments from the astrolabe to tracted hår.
He went through
tof his some
own supporters, the sextant and the first chrono- his pockets. Iooked down at his whom he regarded as too timid meters made by an Englishman it is well In bellen. 05 "ly- Livered named Harrison.
illustrated and written in a hares.'"
Prices of futures closed today Britain's Ministry of Agricul- style to suit the layman as well 1124*171- witht ho
ture ኊ?fi
and
the specialist. Fisheries recently
fis follows: Prime Minister the
From the publishing firm of whole providiod the soon
sen Hine, even the publle ins the
George Harrip came two with the peg for a spontaneous ሐነ፡ Bosh
humor. A Labour
storice on one day. One of these rection. Mr Gaitskell hesitated | member
the "The Deep-Sea Tow" (publish- WAS asking for and then stopped, the threat of separation of this "win" departed at 109 (d) is a first novel
broken beyond ¦ment, which is combined In one f prement renat He had lost the House. Ministry, In view of the
"At first only
best
noticed
but
dating.
Galleries wind croring
be
Winston semel to blissfully unaware of what had Trudil he looked up to
And everyone's eyes upon him. He glanced across at Mr Galt- Thell and was heard to mutter by
way of explanation was only looking for my jujube,"
#3}
Laur
Prime Minister:
arg
Spot
Dec
Mar
Miny
July
Oct
IX
who
Mar
Nay
by an able seaman tror Glas Chris McManus
Yarn
With cotton disappearance ex- 13,700,000 pected to be about
231-23). 233-2316 231-23 23-2314
23-23%
23 9/16-27 11/16 23 7/16-23
The market was easier. Prices
bales, the car
carryover on August in guilders per kilogram, CIF
1, 1955, would be about 9,200,000 Dec. as follows:
balts compared
ne ya carlier.
The Agriculture
with 9,600,000
Department
said that recent strength In United States whont prices la due to
No 1 nibber No, z rubber No. 3 rubber Na, crepe
2.32 buyer
2.31 buyers
2.30 buyera 2.50 sellers
-United Press.
4
1000 4.321
Liquidation Meeting
The report appearing in this morning's newspaper headed "Moutries in voluntary Ilquidia- tion" refers to Messrs S. Moutrie axt Co. Ltd., of Shanghai and not the well known local firm of Messrs Moutrle and Co., (Hong-
The Stranghai firm has no-i been in active business for many years.
then loup the relatively sm New York Sugar Much Road,
wheat, because of the largo Government holdings under the price support programme.
Of total United States wheat ocks on October 1 of 1,080,000,-
Market
New York, Dec. 1. World No. 4 sugar futures 000 bushels, the official Com-elesed today unchanged to
Credit modity
Corporation
one point lower with owned 743,000,000 bushels. Up three contracts.
to October 15 farmers had placed 302,000,000 bushels under support programines.
sales ન
Domestic No. 8 sugar futures closed two to four points lower with sales of one contract.
Domestic futures were caster partly because of the reinstate- The Agriculture Department ment of the 50,000 tons quota estimated United States
overnight by the De- domestic wheat supplies for the partment of Agriculture.
WHEAT SUPPLIES
total
Increase
1054-35 marketing year at
In the world market, 150 con- 1,802,000,000 busitels, consisting tracts were posted in the May
of the carryover on July 1, 1954, position against business of 903,000,000 and a 1064 crop. actuals. Future closings; ""An appraisal of present pros- Contract No. 4 (world)
33.10
34.15
34.47
34.72-74
34.07
34.43
34.40
34.52
74.52
as high as 250,000,000 bushels Mar. #t May with
216,000,000 compared
July Sept. year earlier, the Board sald
31.74
32.00
ir)- Row
in ocean salvage tugs pectance of the fishing industry. Derved
LIVERPOOL Sir Winston Churchill replied; during the war. "These
have two industries
is a convincing This
closings, American been long nasecinted depart about a little known aspect of mentally and, after all, there life at son, the work of the middling. 13/16 inch, in peace are many ancient links between tough ocean-going tugs rarely per lb., were as follows:
A
of
Futuro
Dec/Jan.
Mar/Apr.
May/June
July/Aug.
Oct/Nov.
Omcial
Include:
October
for values
BAO
PAULO
pects suggests exports in 1954-55 Jan,
The Agriculture Department spot (cents per lb. fob Cuba; sald that United States fartiets Contract No. 4 received about $24,200,000,000 Mar. *** KAY from their sales of farm pro- July In the January-October) Hept.
81.76
ducts
23.80 cent lower.
were
policenta per ib. cir
NY ex-duty)
in
3.1km
3.10
6.62
8.50
-United Press.
Chicago Grain Prices
Bepf,
229
2143
210!
and more than 150 feet long fish and chips (fried potatoes).
the Prime under a thousand tons burthen The authors say
which Is "native,"
harvest of reap their The nearpaper Scotsman re-Minister's humour portod
on the the incident
for dianbied ships in heavy weather, and cannot be restrained
spot cottone period of 1954, which was 4 per NOV McManus, who won his first following day under the headline|long without bubbling out.
cent below the same period in American middling 15/16th tach 1953. Prices averaged 3 short අ in various literary succesea
per "He has used it "The Fall of the Partilie.”
9. mindig 12th inch vivid | Mexican middag 1-1 and The Muthors put on record ways agalact himself, to bring alory writer, gives a
in liking in homely touches, to prick on picture of this rugged life
Othem were unchanged. Sir Winston Churchill's
Farmers' receipts from live.
and
10 Attice, Mr Clement
his account of the verklotta of the opponent's egotism, and some-
products in stocks ntet mate. Matheson, lender and former times with a touch of slapstick. Luke
$13,500,000,000, months Futures
in closing prices.
the He has used it at times, too, in against Captain Kane master
down three per cent from Cruzeiros per Idio were the most crushing and devastal- and owner of the tug Leader.
previous year, increased receipts ing way. Perhaps the best The second book wast TAC follows:
and Hogs Word. cattio 26 from hist
December Well- Great Storm, by Lennox Kerr,
Chiengo, Doc. 1 example of this
31.10 offset
offset by reductions in receipts The two learned to respect known and tremendous indict (published at 12s (d). This is March
31.50 from wheat, cotton, and veget-
Closing prices one another's qualities during
a book devoted to the sonward
3120 ment of the ineffectual (Labour)
decline aub Wheat No. 2, red the whe (when Mr Attler was
Spot (In Minister Ramsay Mac- aspect of the terrific storm
the United States, the ables which all
stantially. She Whorico's deputy) and oven time,
of 10/10th averago prico In a speech in the which hit Britain, and Holland
The "Outlook-and-Situation. 2234 (11)''277% (1) 22714
Mar. the dust raised by the heated Donald
end of January 1953, mickiling cotton attendesignated Board analysed general economic may political battles at Westminster House in January 1933, he said: at the
epot markets was 38.87 ett factors affecting the agricultural Jusy after the war never oblitcented
"I remember, when I was n causing disastrous flooding the bond of loyalty that deve child being taken to the cele- the East Coast of England, and
per pound Sales at the market situation as follows:
Corn, No. 2, yellow which in Holland. brated Barnum's Circus
fotalled 47,304 bales.)
LITTLE LARGER koper between them them.
#pot Hero a thrilling account of
"Economic activity firmed up Bee, **Str Whiston has repeatedly #poken of Mr Atileo's concise, and monstrosities, but the ex- the heroism which marked the
in October and early November massive kaimulike
The market was subdued after with indications that the rig ny hibit on the programme which I foundering of the ferry steamer contri
Irish most desired to ser was the one Princess Victoria in Lio bution to a better international understanding,” they recall. described as 'the Boneless Won- Son with the loss of 300 lives aroup caused by Chinese this autumn is a lie, larger
It also relates the lose of other business. Technically this factor thats the usual seasonal
sonial pickup. Ingh dietintöd unleas
"Industrial Yot in the out mel Uhrust
after parents Parliamentary debate,
of Wo Judged that ships, a sensational rescue
business dakos, place. Otherwise
creasda slightly in October | Mar. sauthors show, the Opposition that spectacle would bo too the crow of a sinking fishing the
export
pletira remains the substantial cut in mito outu vosel, and terrible experi Hender bds boon the target of revolting and demoralising some of the Prime Minister's my youthful eyes, and I have ence of a Swedish timber Ahip poor.
Since the commencement of put due to model changes was with
offset by an abrupt rise in, steel) gay The in the hurricane most famous quips being do-waited fifty years to aso stribos
On one occasion 19 Bongles Wonder sitting on the of more than 100 miles an hour the west, expont des abroad mill activity in response to not "ghetp in wolf's clothing.” The Churchill birthday tribute to nine
bales compared with 3,,000 bales Bouchonstift The authore, deseribe tho daily peene when Sir Winstons publication is Book of tribitles the picture, given of the work your on Price today clowedtomobiles Obandbill takes his place on the by many eminent publié figure of British coastguarda, Ilfeboats in rupees ver, saund we follow Government Torit Bench in and edited by Sir James Mag thến nhắt shot wireless falloh | Rd 9971, We?
check. It is published by Camii operators in the constal · eres haghaidh there is a bustie | and Company, Ltd, London organisation of Britain. of salivity behind the Spasion') (150), under the title!!Sir 3 Mall Special.
“the Holma
Vickky
ns
the
contained an exhibition of freaks
Borgh!"
for
the
KARACHI
production
An InteresÜDE - Uspect of the } wero enliftiätetë ari ubopt' 125,004) binevanrials gratuit en w
FINT
and a galnin oururs anders for both
Boint, 40 dose increases in
July
Wos
Stock
Ex-
was 810,000
DOW-JONES AVEBAGES
Dow Jones
Wall Street
follows:
30 Industrials
les
20 rails
63 stocks
40 bonds
closing averages
todby
Comm. future price index
were as
304.04
120,80
00,13
140.60
101.14
171.85
-United Prem,
Exchange Rates
0.91
Blunthem was done in the local morning at the following rates: unoMcial exchango market thin
15. dollar (per $1} Sterling notes (per £3) Indonesian rupiah (per too) Etam cale (per 100) Singapore (Straits) Indo-China plastres (per 100; 0.10
10.72 .10.00
20.00
1.01
CANADIAN WHEAT
CROP HALF
THE AVERAGE
The
Washington, Dec. 1. Commerce Department publication Foreign Commerce Weekly said today that the Canadian total wheat crop in 1954 has been estimated at 298,913,000 bushels, which is only about orie-half the average of the previous three years.
The spring wheat crop in the Prairies provinces of Canada was estimated by Canadian officials on November 5 at 274,000,000 bushels, which is less than half that of 1953, and the smallest crop since 1948.
Negative effects of the anal the 1853 crop was harvested to wheat crop on Canadian general pornit complete delivery at economy were partly offset by rowers have had to hold a an 8 per cent increase in mineral substantial
without quantity production and a 24 per cent relations. gain in påtroleum output CHE decline of seven per cont year over 1989, the report said. in Canadian farm cash theothe The extremely short, wheat in the first half of 1955 is crop has caused businead rope largely credited to the congested |cussions in Western Cäsiddo, an Whost position. Although
uncomfortable develobe.
It came following biahper crops
ári
In three previolis yobra when must for growers, they will the avorare annual crop was have more wheat to market in about 600,000,000 bulhaja.
than 1954-58
tho amount by this
Your'ê
PROSPECTS IMPROVÉ
MAIN PROBLEM
"A mitigating circlimitalet, however, that the engin
problem this year is the airplus Hobi also, is strong in Canada of wheat, for Dort which 1968, the small drop, may "urnu- #developed out of the large bro, FUME, ALE UE, the whant available Interdi&tiorial land so
Resduction in previolis
the Commerce Departments may move 20, meriet. Export port, from the United Staom han troch relatively stowinn | Your; but according to ......... official Embency in Ottawa, pro
athimanants, marketing prospecti Commercial · storage-facilities have improved since. August 15% Thava boon too congested, ainde !---United Press.