THE CHINA MAIL, TUESDAY, JANUARY 18, 1955.
The Danish State Railways new ferry, King Frederik IX for use on the Danish-German Halle mute between tiedser and titussenbrode, goes into service. Built at a cost of 211 million Danish Crowns the forry, the largest ship in the Danish State Railways' fleet, has a triple car desk and takes either: (1) 125 motorcars or (2) 30 trucks or (3) 10 sleeping cars and other
The ferry hak гоо express railway carriage or (4) three whole diesel express trains.
1.200 passengers-Express Phoku,
ΣΟΥ
Too Many Elections
But Not Enough
For Suffragettes
Why
of equal rights and women.
Switzer preple dens land, one of the world's
TIEN
for
My w working Weenen jaz oldest democracies, taxes just as the mes de end
ונן
Ther in much satyng Sw.zend on ry thany subjects that rest peple samply rami be bethen 1 to go to the prais
stand virtually alone inns demand they should have a vet ng th v-
Saturat refusing
WOMCH equal
voting rights with men?
13
PEN
የነ። ጎፋና Irt
then
Sund រ * pent by the put thes like to Like the le thorities
Suffer
me final syfer votes
IN
<V
es p
ope
what are when
rent de T.
1 clan that
mrnes has starv.ved in only fow
the
Spor ely. cercept of the low no longer vald, Paulated Cantins, where larice
bombers of the populatun the Sw Army now
the market seplate Women's Voluntary
ment- square to vote by show of tramia. Every he has a glee knowledge
under co Spons
knows syder, tion and everyone. the peple concerned in public
The foreigner who at tempts to explain this phenomenon must expect has almost certain criticism Auxilury Service, whose
bets have vonal Ente wh for
misrepresentation in tops under the new Swiss from at least some sec- Army Service Regulations which
en inte force this year, tions of Swiss public But tarties lying the whole
opinion.
ti vi
sufliege
ftgaters try
UV Re
E
May i+
levant et
20
Try that
22
tor
ן, יייז אין
i
The proportion
quot ca or women's suffrage is
of
general the fearle
the audiffejuce towards the duty of arupasta m
wh.41
of the all-' mal electorate which turns out 14 vale is ametimes as in 2 20 per cont A 30 per cent poll is costuran, while 50 per cent to is a rough average 50 per cent
site the 10-
Pasti
I an lows
and
In the Confyanmal von
maz'
of the
Citzens in thickly-populated
bove le or ften idea of how to voir when crûled to the palls im smuller issues.
Comprratively few propie in br
of Zulch, for Cmrune comply
in posting to know
cand deter they wh.ph would like to see apsinted es
local school. meters in
TRADE and COMMERCE SECTION
AMERICAN ECONOMY HONGKONG
Stocks Make Substantial
Recovery On
Previous Week's Losses
By John Morka
New York, Jan. 17. There was a better tone in the American business last
a
week.
There was more talk of good business ahead. As investors appeared to have discovered the effects of threatened stock market investigation by the Senate and the rise in the margin down payment in purchases of securities. These factors combined last week to depress market valua- tions over $5,000,000,000.
$1.
bask and inte In
-tantral recovery of the psykets
It week's
WAN Atvy somewhat carbalur dan caktojai ko
wal ang week, but
Site: the
atracades was not prevaring
male.
Representatives
per
NEW YORK
STOCK
MARKET
New York, Jun. 17. Wall Street erased 13- other $8,000,000,000 or 40 from the value of all listed' stocks today in one of the woral netbacks since the outbreak of war in Koren.
STOCK EXCHANGE
(From Our Correspondent!
Business done on the Hong- kong Stock Exchange this morning amounted to $1,030,- 313.50. Neseti quotutione and the morning's transaction i
SHARES BUYERS SELLERS BALEA BANKS
INSURANCES
Lombard
Ich fandas
SHIPPING
Waterbond Asta Na
DOCKS ETC
K Whar
Dick
Provides
Wheelock
With nothing in the news to stimulate the marieel, and with the Federal Reserve apparently |
កវ៉ lighten money Paving lo around, selling appeared in orde
many inve lors, especially these holding sizabl
LAND, ETC.
TK
The break stehel on match as; 34 and E
Ziure from
HK
Individual stock prices, 11
Really
ג
industrials as a group $8.34 ex- rent for the Jun 5 drop te widest singe Junc 20. 1950TITIES
following outbreak sersion
la stare at tug on a relatively minor U.S. output increased from pre- .1 Pain
war 1039 to 1984 by 77 per cent.
war in Korea. The 1954 *7,500
output was 80
Ralls cra-ket $4.18 on average. Amo term remifers and depart- ernt above output in 1946, and
the'r wl'es! the worl
oss sine S. 3 mant stores convened at the 44th the US was stil
convention of the most important petroleum pro- 1945, and ulikties were off 34 Notinaul Retail
Goods Dry
Business Week noted. lucer.
ents in their heaviest April 0, 1933. added: "Bul Asser unders
The magazine Consensus forecast tor 1955 Improved volume and
W.11
15
.1
..
INCREASE
PREDICTED
I et heura Mr Malcolm P. Nah, professor of retailing of The Havard Radubte school of DABADON DE muinistration,
predict
Sow
1 be
1
14
*
FM 1
F
World Cotton
Markets
jooks as if fine) 1954 Agures wil show the U.S. providing around 47 or 48 per cent of a w), n output this year-against 68 per ze.. in 1946 ang Bi per OLAN DI 1939,"--United Press.
World Rubber
stores would uies by 3
per cent and by 20 to 25 per cent. PS News Hepurt echoed the ptomaste DIAC In Ly envisßged a autos, Travel, cas.rust.on, lum ure, aliza
milion r
Ameri-cudy
abend
The
Markets
17. Singapore, Jan rubber market 16,000
op n°1 ending over 1054,
on trade support and kely to produce with sellers very reserved, the goods and market continued to advance There level of any tradually all day long. ven higher than the 1953 was some small factory interest.
Future closings were:
No, 1 rubber per Tb:
New York. Jr
17
373 000 000.000
highest
fuel sur
TA
304 90
Y
nawet or prowly a spot y mabut huluarve in the pattern of revery 1954 expenditures totalled 357.- 12 11:1
Smill femur (a fullt extractée ! Introde u dat wets *p* over-tupgilded arrest of the tin through the bla
on and Intal efferies,
Mar:
Con-
|
the the
A few have a direct interest their Jet in Federal voles.
and kiwwider meny
10 € 1 The
favour to weltier 1 of proportion
ཙནུསྶ༤, ཏ ཛིནཱཝ tention mt simply | Wochungtun vlectorate which wuled h
thick for them, but
1 dayaebie k The problem at suffige far mote pomol mute din SW, beetland Het where
141
them
Lith
Governments
t
Jal
radtional
In Switze flauti, the citizens
いず
a constantly being called to the late vole in variety Federal, U. aidsnat,
Cmnul
and Eccles.stund matters--quile apart from exactiones.
Dve dans must be taken on questions rongg from some-
thing we madly cumprehensibly as the reform Anance system, lo something 50
S
,
NTC
Adjustments,
'''
s Bags
March dehyere were a dearture
do not care so they đà not vote, joogee sunmurts, armani imetrala ! it general eletons in 1951 was
cent. In a Federal re-į Trste
mrkets of Government and t h.com Just
Lay varyk pepsils for introducing | runjchists October, in rant question
the, femel sulfinge
in favou of giving reform of the national finance system, the poll was only 45.2 waren the wide only on Com
In others in Com- aurerbly higher the few i munal and Cantonal affairs, and Cantons which have lows for others in Communi, Cantonal compulsory voting, under whieh and Federal affairs.
are Ant
enizens
1.
Percentages
11
are i muna
ha:
י:'יז יין
22.
Amonk
יה
the
$600,000,000
the increases ngthe forecast:
nutes
for $2 000,000,000 TV and rervices, $400,000 000 Frate investment, $800,- 050,000 for food,
The
AUTO PROSPECTS
auto industry. #ppears will in the way to produce eni
ears myne
Iban In 1934, r995 tels in November, com-
vulput
זן
indled
for
10g)
have
February
March Apri
2120 2123 GU 2116
Yi
1130
7135
1420
Ju
40
职
1010
21.20 21.16
7-k
و یا نور الام
500 27.50
10 40 5 W ɔ 18.0
739 7.45 3000 kr 7.40
15 10 10 30 2500 a 18.00 10.70
4000 13 80
11 w 300
20.20 20.00
713
300 130
2 1 2 17 3003 a 215
200 un 2176,
300 21 ther
2330 224
100 .1016
Tran
Star Ferry Yamaha Ferry เอม 101 700 4
Light
200 (0) 1830 201,
100
34) 18,40
21418.30
since
"
STEPPED UP
Volume won stepped up on The declino-always unfavour- able from the market point »ʻ view-but the 3,300 000-shai turnover was below the 4,040 - 000 shares of the January 5 broak and the 1,300 000 shares
day's decline. on the following
The selling was orderly, with
declining throughout the алу
prices
Bicoty
ין
steadily after but forcing opening. ickers to lun late only bily.
A furry selling followed in President's Bucket messag
which indicated lower Govern.
Electric
Mac-19
Telephone
INDRAS 1040
30.
Der Jały
INDUSTĦIALM Cement..
Rope
STORES, ETC.
Datry Waldony
20 14.40 2014 10.40
36 1N30
1000 or 18.30 40 100 3,
13
1890 i 311
2000 1 39%
385 304 4800 or 3015
42 4316
3735
42 300 44
11120 18 60
IND
241 #217 $3
10
21300 1350)
24.75
12 2012
101 or 10
L t'rawford
ZI
109
1000
0.10
4,575 500 in 4.05
MISCELLANEOUS
Ye
Allied
men spending and no further New York Sugar
commoration tax relief.
The big reason behind the
however, movi,
Epparently
Reserve's
credit and
EXCCTTOS, The
the Federal 0831-083 is 281-90 move to tighten
stock ungutud prevent No. 1 rubber per jh. Feb. 9736-09 No. 1 rubber per ib. nah. 91-934 No. 1 rubber per ib. Feb. 14-05 Spol rubber unbaled Blanket crepe No. 1 pale mergers.
004-01%
101-10 NEW YORK Futures to ov elcsed 78 to 95 points higher with sales of 167 contracts.
Factories were more inquisi- for
a moderate business Nov.-Dec. tive and
the spot market. 1,100 000 units, parsed in Over The bitk automotive demand Reported sales included March two shoots at 32% centa, after to appears sustained steel production levels moving in the morning at 32%
* me. Now the steel
rents Matth two sheets
ware to done at 33% rents and flat bark Is bock, according to market tion Age. National Metalworking for April at 27 cents, all prices weekly, so for only products delivered basis with further
are cold-rolled affected are
sheets buyers apparent. and galvanised sheets "and
Spot No. 1 Ras were quoted at appears unlikely that the profit 33% cents. Future closings: taking through unusual distribu. Tin
channels can continue for nore than a few months."
The
Dot, that noted hade publication Newmakers, who don't usually dent
2
First utter day will be Feb 23. The open position in Mar
start tradire lost. v fetaEr 753,462 if they
Yet thres
maintain that stock chuld have the votadually, nase at 57 136 boles Bod fuldt their electoral duties, ¦ women
the stack shows an increase of With
little enthusiasm only in matters of direct interest 24
more than 8.000 bales during the the malc volers, the to the female sex
past few wieks Whatever the method may be, wymmen ure even less inclined
Swiss suffragettes are confident that full voting rights will be won eventually.
to demand the right to vote.
the
The major reason for this in-
He in of the Federal difference appears to
itself. Swica democratic
system it has been parily outgrown by mdern conditions of increasing population and the ever-spread-
ramifications of newly ing
midcupas as the co- Face of loval selatinater to www children to war bed-
shippin
the
OIL
A explanation of the intrie ale and
Varying procedures of "imbabve je rendum, through which the Swiss voters expros their bangon, met be Init usule MAN
The male Swiss comes of nge at 20, when he is called up for Fils first 1472734224 period of
The bearing millary tram ng.
of arms to defend the soll of the Curders.in 1. S always been closely associated with the SERISKE,
Reasons for not giving women
respect gone on pervusly without Sully, and my Swiss think
Liic has for Ludilon.
affaks.
Scaner or later one of the fairly frenuent polls in various Crotons will go in favour of the ufragettes-and a breach will
opened public be
centuries-old traditions.-China Mall Special,
In
In search of the
Missing Link
Patiala, Pepsu.
the vote are 100ed in deep state of Nalagarh, now merged in the Patiala and poarefully and pros- East Punjab States Union, may provide the clue female to history's "missing link" the little known period between the decline of the Indus civilisation, about 8000 BC and the rise of the Maurya Empire, 322-232 B.C.
that u can is to reason why it
should not continue to do so.
Many men argue that they do not want to risk srife in the
home and to have their women-
tho
Closing priver ruled unchange.
The market to 12 points openst off to pants Orians closed unchanged to off
10 points.
Trading volumes and egen the Exchange today hattro 0
were:
Volume Open interest
700,$ 773.4(N) 37.00 1.178.10
Month
MINI
Max
July
45,000
041,700
Oct.
17 2
170,000
Dec.
3.500
207,10000
Mar
12,100
May
2,4(X) 01.700
Tothl
In
forcing
Market
New York. Jan. 17. World No. 4
sugar
futures
Resve has been selling Gev-icduy closed 1 point higher to enment bends, thereby Ehrine-1 point tower with sales of 87
in contructa. bringing ing available
credit, some higher interest rates an Dum sie No. 6 sugar futures
Government bonds lower and this into competition closed 1 to 3 points higher with
sules of 82 con.rucis. with stocks. There is talk, ino.
futures trading World sugar of A long-term Government
was mixed with trade interests on bond issue.
the both sides. In
raw market, dealera understoot Syria will be
2ul of
ssues moving
marke
The colling today hit in all major groups steels, motors,
4 and ere te- chemicals ralls, aircrafts, allsportedly pending on 7.500 tons unities F with only A hand-
f raw to Ceylon. Special
Refluer buying
pre- tomina ed in domestic contract. against the trend,
Among steels, loses ranged to +3 in Bethlehem and Republic, more than $2 each in U.S. Steel, Armco, Youngstown Sheet and Fube and Lukens,
ordess
Future elesings were:
Contract No. 4 (world)
Maret
MAY
3.18
July
3.14
3.14
Sept.
Mfar,
33.00
May
Chemicals were hard hit. Douglas lost almost $5 in the aircrafts and United Aircraft May
Spot-cents Det i fub Cuba 215
Contract No.
5,45
Vargli
3 52
32.90
3,02
July
31.90
almost $3.
5.04
Sept.
$1.40
$2.20
Mar.
31.80
The London and Amsterdam
Out of 1,274 issues traded 148 were lower on the day, only 160 higher,
Sept. Nov.
SM
Spol-per th. In vents ett NY
ex-duty)
0.43
-United Prem.
The New York Stock Ex- change bond volume was $5,-
060 000,
feel, but art aa middlemen, rubber prices were nes received nre operating in the held now, today-United Press.
For the customers who can't
I his requirements for
for rejects
And
and seconds in cold-rolled calvanised sheets from regular mill
sources. the premium for this recondary material may be less. Normally, it sells for less than regular mill prices it at all, although mills frequently remelt it as scrap to keep it of
200 300 2,200 bales the market.
NEW YORK
34.05 14.40
Singapore
Stock Market
Singapore, Jan. 18. Brokera today
quoted
On the world trade front, following stock prices: President Elsenhower's message
The American Stock Exchange New York Foreign
volume was 1,150,000 shares.
DOW-JONES AVERAGES
Dow Jones closing averages
were:
24 industriale
to ruile
15 utilis
to
(5 stocks
40 banda
Jan. 17 Jan. 18 Closing OpenAng
Priers of futures closed today encouraging a freer world trade British Borneo Petro
and reduced tarifla ovoked foum Byndicate genemily favourable comment Consolidated
Smelters, Ordinary from Congressional leaders from
23/64 20/04 and 4.73-74 both the Democratte
Re-Fraker Rad
Nova Ltd, Orduvary issue #1.00 $2.00 Frazer and Nerve Lin.
734 cm, pref $4.00 $8.50 Hongkong & Shanghai
as follows
Spot
March
May
Archaeologists here believe that the former October
34.05
December
34.74
March
24.83
May
13.0T
NEW ORLEANS Prices of futures elesed
- follows;
Spo
34.10
March May October
March
3441
34.73
3493
34.46-60
December
34.74
13.07
at
MAY
35.64
and hod
LIVERPOOL
Knowledge of what happened | of the post-Harappa period at 101 exposed to the passing of
between the Indus Valley
Dher Mujra, politics. Many women support
to an c.viis.tion, which came
The
made discoveries th's view.
end some time In the 2nd Harappa In West Punjab Opponents of female suffrage millenium B.C., and the 4th Mohenjo-daro In Sind maintain that women are per-century D.C. La very meagre brought to light that 3,000 fectly able to exert a strong Historians have had to depend years before Christ there had
induence on the
vote largely on literature to A11 the existed in these places a highly through their position in
developed culture known as the Excavations recently home and the community. They gaps in their knowledge."
cartled Indus Valley of civilisation. noticeable out by a German scholar, Dr do, n ct, exert very
The cities of Harappa and influence through powerful or Olaf Prufer,
the at several places Mohenjo-daco belongng to nisations in meny
In Nalagarh have lod to the pre-Aryan civilisation Bre the means discovery of relics which bour earliest evidence of architecture down-trodden in Switzerland,
Fland, the
of both Harappa } of India. Imprint culture
(of the Indus Valley They consisted molly_of civilisation) as well as of the homesteads, starehouses, baths, post-Harappa period. This has avenues and wells. strengthened the belief that this brick, the style was plain and area could yield valuable date functional. The ruins also point the to the existence of a perfect about what happened in "miming centuries.”
drainage system, telling of
uto by DO
Women
since almost all professions aro pen to them, with the notable exceptions of palltics and diplo macy. In many Canions, women cen hold high positions in public life, serve on Juries and even become judges.
In some Can- tons, they have the vote in occlesiastical matters,
Reasons for giving women the vote are easier to outline,
Built in
publican
Eshowed signs of
Bunk
Gorporation
(Colonial legifior) #1110" $uis" Malyan Dreweries. 11.03 Rates Hot Singapore South
Storage
Insuranos
Cold
$1.72 sláa
$405 $3.73
$2.00
parties. TEXTILE INDUSTRY
the long-suffering toxtile,
The Wall Street strengthening. Journal noted that the biggest today order back-logs in two years appear to be netting the base for
£21.5 further price increases on cotton print and broad cloths.
Steamilup.. $17.30 17.10 Several inrge Boiling agencies United Engineers,
Ordinary Inusia
$13.8 $13.95 are reportedly sold out on the
Woane Brother price-setting 80-square printenon in
Bea cloth. Nearby and first quarlor Petallsw Ti deliveries are in the range of
am-dly. Cum-capital laun † with div. 19% cents and 19 cents for
-China Mall Special. second quarter delivery.
Colton closings, American middling colton, 15/10 Inch, in pence per tb, were as follows:
March/April
May/June July/August
October/November Décember/January
32.24
32.20
31,09 11.02
Ometal values for spot cottons were unchanged.
SAO PAULO
Straits Trading
$3.501
e fabrics sppears to be at a London Foreign
although some
reduced pace. firmness is noticeable in prices
Exchange
Comm, future price index
Jan.20
Exchange
Canuda 17704 England-outal
·62.00
144.30
100,76
105:47 New
United Press.
New York, Jan, 17.
$1.03%
2.100/10 2.0-2.00 2.18-19/12 2.70 2.1722
unometal
30-day futures.. tely futures ..
Zealand
United Press.
Study Of New York
Stock Market
By Bank Committee
The
has
Washington, Jan. 17. Senate Banking Committee unanimously approved a "study" of the New York Stock Market, but pointedly shunned the term "Investigation."
manipulations, The Chalcman, Mr J. William | specifie frauds, London, Jan. 17...
am I Fulbright said he hopes her or wrongdoings, nor 2016-11-1742 Ings on the booming bull market even cuspicious of any K. 2,08-19/16-3.0635
"VERY UNUSUAL" can begin about February 21, 10 Japan A$45 |137.26-12036 2
07614-STRU
on all types of spiın rayon acetate cloths, on 100 dacron fabrics and on dacron and cotton New York
Montreal blends.
Amsterdam "The increasing importance of Brusela the Middle East as an all-pro- | Pazie
Riockholm ducer, has affected the position Wett METIE Futures citing in cruzeiros of the U.S. In the world pro Others were unchanged, per kilogram, CIF February duction picture. Total world wage as follows:
production is climbing but in the 31.00 U.S.
the climb is
Lower, Busi-
March May July
Orfober Decembre
$1.29
31.34
nčia
31.30
Watk
noted.
World
31,00
Potroleum output I
In the United States, the aver- - now
Exchange Rates
agat
beat Jabout insoffiotal, sexasincs, marijadi
Dr Fruter carried out ex-high degree of planning And cavations at several places in engineering skill. Nalagarh-Dhor Majra,, Rupar Br Fruter has urged inten-age pries of 15/16 middling 5,000,000,000 lbs per your "The mystis mal blowits and Kalka. He has found not sive and large scalo exploration action at 10, designated spot V.B. share of world-output, has Kantfoglinda mel Advocates of the Tamale ut- only painted pottery bearing the of the area in the state from markets was 24.07 enter: Balas ocen dropping in the postwer pykaitan, kudies Lowe Kamanta Kfter: 100)/ have to paint to stamp of Harappa čultura but Rupar to Chaggar, which at the centres totalled 29,504 years, although U.B. production (81)
is not, on the decline. Instead, 'Indo-China plantar (42' 150)14 widely
bales, United Press. accepted also five varieties of carami, watered by the river Butle),
frage maraly
tho
DOW
1
Ho sak the Committee wanik But he said the "very uns.
almost to avoid influencing the market Purual,
perpendicular 410 the MİAMİLUM extent incronses in atock prices, which portble
began about 15 months ago, and have been intensified in recent the Weeks "certainly warrant Committed's concern, and sturdy."
Mr. Fulbright, said the "In or stability of the UB, economy of our
He wild he does not bellove the proposed inquiry has affect ed the market to date. He told questioning newimen he sees nothing to be scared of
plan to investigation of alles quent, concern the aut
the market at the,, presení | provaganda pointe used by the time in the meaning brion at="Kremlin." He said it tached to that term,” Mr Bul- characteristic that should be! bright wald.. "I know of no minimised-United Press.