Page

ALL ESCAPEES WELCOME

ΤΟ

GLASENBACH

Vienna, Feb. 9.

A new camp for escapees from Communism which the United States Escapee Programme (USEP) has opened at Glascnbach, near here, is helping Austria to solve the problems created by the influx of refugees across the borders from the Soviet satellite countries.

THE CHINA MAIL, THURSDAY, FEBRUARY 10, 1955.

TRADE

World Cotton

Markets

New York. Feb. 9. Cotten market nelivity today remained on the quiet side with at the opening and close.

most of the action taking place

In between tint, prices driftoy Irregularly over a horrow range

but managed to keep slight over the previous close most of

the time.

Closing prices ruled up I to points. The market opened up 2 40 points. New Orleans closed up 1 to 2 points.

Traders continued to operate menta In the Russia-Formosa Incentives situation, от now

the textile trade. spoi or the export

The camp, a German wartime barracks, and later a "cuge" for German prisoners of war, cost Escapee Programme 100,000 dollars (about £34,000) to renovate. It now houses nearly 300 with caption penting develop- refugees of ten nationalities and eight religions in comfort which the camp's previous occupants never knew.

About half the escapees are Hungarians and one quarter are Czechoslovaks. The rest are Ukrainians, Poles, Russians, Rumanians, Bulgarians and Albanians. Austrian and German women married to escapeos also live there.

The religious grouping of the refugees showed that the largest JORD

Catholes. Wik

with ww wound. The rest belonged

Greek Orthodox to Protestant Churches, Six were “unclazifiod"

two were Ma Jeris.

uri

COST TO TAXPAYER

The Escapee Programme's operations in Austria alone are conting the American about

1,300,000 dollars (about £440,000).

taxpayer

The Austrian contributio5Y

from

markets

stimation.

The markt-time tendency also reflected a desire to swall the report

loan tiris 011

and redemptions, scheduled for istance after the close.

Trading volumes and open in- forests in the Exchangu today

were:

ум

fabou! 22 cents) per refugeu per day for food, which workt out at a yearly total of abxiet

schillings. FL 19,000,000

miso Days for mantenance, Id- ministration, utilities and hout- ing in the organisation's two enmp in Austria, at Glasenbach and at Wels, and supplies bonic

edient services.

Months

Merch

Mas

July

DEL

Mar

May

July

Total

The Exapre Prokramme supplements the rations with food coupons worth 20 schillings (1 dullar) week,

Q

which coenpers can exchange for goods at Salzburg shops, and Issues 'ar, sugar, cheese, schilings carmed beef and gravy, canned milk and rice and soap twice a month,

Government's

is 5.80

Lord Amberley

Granted Divorce

Viscount

London, Feb. 0. Amberley, heir to Earl Russell-Bertrand Russell- the philosopher-waa at the Carnavon, Wales, Divorce Court loday granted a decree nisi be- cause of the achaltory of his wife, Suson, daughter of the late Vachel Lindsay, the American Doct

The decree becomes valid in six weeks' time.

Lord Amberley WAS given custody of the two children of the marriage and costs against Christopher the co-respondent, William Vaughan Wordsworth.

Lady Amberley did not defend

the suit.

Like his father, the 33-year-

old Viscount prefers not to use his title, and he was listed in the petition simply as John Conrad Russell of Belsize Grove, London.

took place in The marringe Washington in 1948, China Mall Specini.

Nehru Not Visiting France

to 10.

Paris, Feb. 9.

camp

coit-

The Glasenbueli siste of 12 large wooden bullit. ing much comprising about 36

Six of TUCATUS,

the buildings Two are tema- troue escape2s. pornzily being used for storage, one contains recreationni and training projects, another holds

करा. 100

25 AU

.300

11,000

4.5500

Valine Ope interest

14,800

$14,500

..เมง 30

D1,300

220,300

134,100

$1,300

3,000

52,000

500

1,000

148,000

2.001 300 bales

NEW YORK

and

COMMERCE SECTION

NEW YORK LIBERAL

STOCK

MARKET

New York, Feb. 9. Industrial stocks resumed their advance today with a push which lifted prices to now all-time highs of the year,

The rails, laggards, neglected In the recent advance, were at their best performance with gain of 2.47 in average.

A

Market commentators sald the carriers had been oversold for in view of their prospects botter carnings continues to expand,

pus

industry

All major group in Industrials the steels, mo- fors, chemicals, alrcrofts, olla, building suppliers, metals - had gains ranging to 2 points or

They fted the MOTIN 402 to 410,32 a new high.

average

Page

U.S. TRADE

18 Industrial Groups Record Mulaya HONGKONG

Oppose Features Of

#

Ike's

Programme

Washington, Feb. 9. Spokesmen for 18 industrial groups

has made oral or written statements to the House Ways and Means Committee in opposition to various features of the Administration's new liberal trade pro- gramme.

These groups all represented the but made a all-time "protectionist" view point,

wide variety of proposals as to how imports competition might be curbed.

Wall Street concluded, too.

Russian newa yesterday's

to cause for jitters.

UTILITIES NEAR HIGH

WOO

Utitles, with their gain of 03 World Rubber

cents, came within a shade of a

Prices of future closed today new high since 1931. as follows:

put

Maron

May July October December

March

M

Out of a tota 1,228 Issues trudes. 810 wore higher on the 3440-40 day, only 203 lower.

35.000

34.77 35.00

23.10

расс

34.45

Trading continued at a good with volume totalling 3,300,000 shares compared with 3,400,000 yesterday.

NEW ORLEANS

Gains among

carriers ranged

to 8 points in Texas and Pacifle.

Markets

Singapore, Feb. 9. rubber market opened The

und bolter London higher un New York advices but higher levels

brought some offerings which were well sorted. Prices firmed towards the close

מי

split of

political rumours from Formosa, Future closings:

Prices of futures closed today Western Union WEN H feature as follows;

Spri

March

May

July

October

with

Decanter

Marchi

May July

and washing facilities

special kindergarten cooking

for the children,

OFFICES

A building in the centre houses the administrative offlocs and the offices of the Voluntary Agencies such as the Young Men's and Young Wonsawa Chrisilan Associa- tions, Distribution Com- mittes and the International Social Service, which CO-

the work of operate adapting the escapers to now life in the country of their destination.

п

Among special

facilities in

the camp are free shoe repair the and sewing shops run by refugees, knitting facilities, and a library.

"Iron

It is estimated that well over 100,000 people have escaped

the

Curtain" through since 1948, not including the much larger number who have fell from Eust to West Germany or to West Berlin.

after i four-for-cne

an even wider rise. U.S. Gyp- on an

sum climbed 7 points Increased dividend. Commercial Solvents went up more than £1 point on

tuberculosis its now

34.29

34.42

34.76

35.00

35.00

35 A1

35.44

~ antibiotic.

39.BA

35.40

LIVERPOOL

Collon futures closings, American middling cotton, 10/18 inch, in pence per fu. were 18 follows:

Mar/Apr.

May/June

July/Aug

Out./Nov.

Dec/Jan

Del values for spot coltona Include:

Others were unchanged.

Many of the statements were

with nc- especially concerned

Tin Output

Singapore, Fob. §. The total production of

concentrates in The Federation of Malaya in 1984 amounted to 60,090 toas a new postwar pro- duction record, according to statistics released here.

The figure was five and

a half per cent higher than ibo previous record of 51,537 tons for 1950, and exceeded the 1953 produo- Lion by eight per cent.

The production of cost in 1954 amounted to 18,244 tons, while bauxite produo- tion stood at 18,624 tons. France-Presse. ·

Singapore

Stock Market

crual от future competition following stock prices:

Singapore, Feb. 10. Brokers toxlay quoted to

from Japanese commodities, due

Feb. 8 Feb. 10 to Japan's lower labour costs

Closing Opening and price differentials, and the British Borneo Petro-

The toum Syndicats that fact

a trade agreement Consolidated with Japan

C

Lid., Ordinary leue $3.00 $1.OR

Neave Fraser and

STOCK EXCHANGE

(From Our Correspondent)

Business done on the Hong- kong Stock Exchango this morning amounted to $877,002. Noon quotations

and

the morning's transactions;

BJARKI DUYERS BELLEBS SALES BANKS

FC Bank

INSURANCES

Union Lounbard

SHIPPING

Waterboat Asia Nav ..

DOCKS, ETC.

K. Wharf Dock

2128

7 # 2138

200

40

00

སྐ

00

24

Providens (0) 18.00 15.79 300 Wheelock

24.20

7% 7.40 2000 «Þ

LAND, ETC.

F

HK Hotel

10.20 15.30 2000

10 in

process of

negotiation.

Smelters, Ordinary Truxer

29 Dd 20% D

and

Noave

HK Lond

+

Among the important com- modities discussed before House Ways and Means Com- mittes

optical were scissors,

715% cum pret

13.00

$3.00

Humphreya Realty

the

Hongkong & Shanghai

Bank

Corporation

(Colonial Register)

118"

#1110"

Malayan Breweries $4.06 $4.05

$70 $4.70

South

$1.00 $1.95 M. British

$26.25 $26.25 Straits Trading.... $21.30 600.30 Steamship $10.50 $10.50 United Engineere

Ordinary daye

$13.00

$13.00

Wearne Brothers

$2.89

$2.48

En d Bad

$3.657

goods, jewellery, porcelain in-ffice Hotel sulators, electrical goods, clocks, Singapore Cold

Storage Highbers, elgarde

sowing machines, rubber footwear, ply- murance wood, mlap, tungsten and No, 1 rubber per 1. Feb 1041%-10495 | manganese.

Mar. 104-10415 Apell unquoted No. 2 rubber per Ib. Feb. 103-103 No. 3 No. 4 Bpos rubber unbaled Blanket Crepe No. 1 pale erepe

Steels were strong. Aircraft gains ranged to 4% points in general Dynamics.

The New York Stock

bond change

Terminal market responded to the action at London and reports $4,070,000

The American Stock Ex that Germany was a buyer in change volume

1,180,000 the British market. was

volume 3:

DOW-JONES AVERAGES Dow-jones

closing

CONCERN

of

are con-

of

2012-101 15

Carroll D. Representative 1004-1001

Kearns, Republican of Pennsyl- 104-10614

946- 2015 | vonia, ctarted the day's hearing 10045-10015 with a statement that Pennsyl- NEW YORK

vania manufacturers cerned about competition closed Futures today

un- various Imports from Japan, changed to 20 points higher with such as zippers, rayon products, Ex-sales of 106 contracts.

and toys. He said that electrical goods factories are also affected by competition

imports, including plectrical generators from England

Rep. Kearns sald that the United

States must havo reciprocal trade prógramme, but

that he recommended

the "escape clause provision of the law should be strengthened so that no United States industry shut would be compelled to down.

sales

wad

fair-sided business A consummated in the spot market, mostly to dealers, with sales estimated around 400 to 500 averages toms. Suect today were (13

included: Reported March one sheets at 30% and 410.33 later sales at cent higher. April three sheets were done at 15132 35% cents with further buyer. 109.4 Similarly, June three sheats sold 169.08

Spot No 1 Rss at 33% cents. -United ProBS.

were quoted 36% cents a pound,

33.27

3221

shares.

41-80-32.00 31.20

American middling 15/18th luch 22/3 American D. L. midling 7/8th

Inch

on Wall

29.33

follows:

Mexican middling

34.41

30 industrials

Colton

BAO PAUTO

futures.

20 rally

ulicies

05 stocks

in cruzeiros

40 bonds

per kilo were as follows:

March

20.80

May

20.80

July

29.30

Del Dec.

30.80

31.20

Ir2 the United States. the average price of 15/18 middling cutter at ten designated spot Sales markets was 34.18 cents.

at these centres totalled 10,000 bales-United Press.

Many thousands have already been resettled through the of international and privato refugee assistance ur- Kanisation. remain in Europe, and other cont continue to arrive at a rate of In several hundred a month, spile of ever-lightening controls These along the Iron Curtain, have to be cared for in the they country of asylum until

be can

integrated or

But thousands stili New York Foreign

The Indian Embassy hare to- day confirmed the cancellation of the projected visit to France of Indian Prime Minister Jawa- harlal Nehru from February 14

Simultaneously, the French Foreign Ministry announced that Mr Nehru's visit had been can emigrate. celled by joint agreement bo- tween Nehru and French officials,

Exchange

Now York, Feb. 8.

Canada England official

1.03-1/10

278-5/18

can

unofficial

2.70-9/22 30-day futuren 90-day future 2.70-1/33

278-11/10 233114 2090 enchanged-United

2.06-2.07

The United States Escapee Programme, founded in March Both the Indian Embassy and 1952, helps the governments of the countries of nsylum to to

the French Foreign Office said maintain the refugees and the dates fixed had proved in- convenient for the Prime Mini-assist in resettling them over-

BOLLS, or In ster.

Mr Nehru had planned to countries.

como to France on hila way to

Free European

India from London where ho More than 39,000

refugees

attended the Conference of have been registered with the Commonwealth Prime Ministers. Escapes Programme and about -France-Presse.

15,000 of these have boen re- gottled.

SUGAR

RAW BOUGHT BY US

of

The remaining 34,000 are be- ing rosettled at tho rate of about 600 a month.

The highest Individual medical bill which Escapes Programme has been paid in Austria waa for Mra Geza Kopus. A mino blew off one of her legs and injured the other while she and her husband were crossing_the The Department offel said border from Hungary. The Pro-

Washington, Feb. D. The Department of Agricul- lure has bought 10,000 tons raw sugar from a Cuban Arm for shipment announced today.

to Iran, It

the Commodity Credit Corporn-gramme paid 6,000 dollars (over

tion

per 100 pounds for the sugar

the Little and war to Christman Company of Jucaro, Cubs. The sugar will be din tributed in Irun by the Foreign Operations Administration, which horfien foreign, ald.--United Prem

EGYPTIAN

TRADE FAIR

Washington, Feb. 9.,

£2,000) for treatment for her,

of

LARGEST PROPORTION

Americs takes by far the largest proportion. sscapees who emigrate from Azutela. Of the 3000 re settled from hero, 912 haYO rone there, Canada follows with 699 and Brand is talra with 239. Australia, "Tarsal, Italy, Argentina sad Eng- land have also taken' con« sidorable' numbers, ・・・

South Afric Switzerland Frulin

Other

Prese

were

London Foreign Exchange

Now York Montreal Dels Copenhagen

Orlo Paria Stockholm

Other Pross

London, Feb. 9. 2.78-470-8/10

Comm, future price Index

141.10

Malaya Rubber Exports Up

Singapore, Feb. 9. Rubber exports from Malaya last year amounted to 913,114 tums, compared with 847,211 tons for 1953, according to qffle sl statistics released here.

nom

Future closings were:

March

27.33

May

39.50

July

11.00

Вер

34 04

Dec

34.80

Mor,

33.00

LONDON

The market

was very stendy. Prices closed today in pence per

b. as follows No. 1 R pol Bettlement house term: Of the rubber exported

fra March 1954, 201,781 tona went to the April/Juna

July/Sept. United Kingdom, 148,804 tona det./Dec

to the United States, and Franco General markets," clf” busle, and Germany Look 87,714 tons Tob. and 74,750 tons, respectively. Apri France-Presse.

CHICAGO GRAIN

MARKET

Chicago, Feb. 9. Soybeans held Arm, but other grains had lower under ton.ca

on the Board of Trade today.

The advances th

soybeans

Mar,

Ealato crepe

thin

AMSTERDAM ·

30-3915

a

The Shears, Scissors and Manicure Implement Manufac

Association said

that turers annual sales of its members declined

from

$23,415,000

in

1850 to $11,800,000 in

in 1954, and

that in five years Imports have about 500 per cent. increased United States wage costs were sald to be at least four Umes higher than in Germany.

SERIOUSLY INJURED

The Association said that this Industry has already been seriously injured, "and with continued low tariffs there can be no future for us."

A slatement for the Ameri- can Optical Company emphasised the importance of this Industry to national defence, and pro- posed an amendment designed to protect industries vital to defence,

The

The rubber was firm. Prices

Clock Manufacturers closed today In guilders per kilogram, Cir Feb. as follows: Association of America in

203 buyers statement said that the recipro- 23 buyers city trade bill would provide 2.99 buyers 307 buyers | for special recognition of the -United Press. Įrequirements of national defence as bearing on the administration of the toada agreement's pro-

No. rubber

No. 2 rubber

No. 3 rubber

No. I crope

reflected covering by exporters New York Sugar grommo

sgainst sales of 600,000 bushelis

2.64-16/16-2.30-1/10 of beans to Formosti,

139.38-139,30

103721-4038

20.0114-20.0136

€716-97036

142114-14.0296

were unchanged United

Selling and scattered hedging depressed the other markets,

Wheat closed off 1⁄4 to 2%; virons up to 2 cents, United Press),

Farm Products For

Market

"The critical time, for the American clock Industry approaching with far greater speed than did the crisis for the witch industry, it said,

The statement cald that United States imports of plocka in 1054 were about double of New York, Feb. 9. 1053, and that Imports of clocks World No. 4 sugar futures increased at double the rate of today closed unchanged to ? | imports of watches. points lower with salon of 255 contracte,

Domestic No. 8 sugar futures closed 1 point lower to 2 points sales of 140 con- higher with Tracts,

Liquidating and hedge sailing

CIGARETTE LIGHTERS orders in world futures mot an indifferent trade demand.

The Cigarette Lighter Manu- Heiner buying interest ground

Association' asked the 5.05-cons lovel for delivered facturers

to provisions raw sugar slcadied the domestic special. altention

of the pending bill which affect Havana trade report said the United States-Japan Credit strike which had affected a few long. It alleged that manufa

Cuban poets had been settled. turers and importers of Japanese Corporation has been authorised to exchange However, the Puerto Rican portlighters so unfair trade prac surplus wheat, corn, and dairy products with 16 or de-up was reported still going does which give more countries for tin, zine, manganese and other une clothge

Contrses No. 4 (world) strategic materials, it was announced today.

Strategic

The

Goods

Washington, Feb. 9.

Commodity Government's

contract,

March

Tussin and other Communist many, Indli, Ireland, Italy, the July countries are not included in Netherlands Norway, Britain | Teptember, under ind Yugosilvia.

spot (copia per ib. tot China). the new programme Programme which the QCC will for the first Itoms that the U.9, surphizen

Contract No. 6 The Commerce. Department maintains installations. 37 Con time: own, faj: own, stodicpils can be exchanged for include announced. the United many, Austria, Italy, Turkey, Digstrategic materiale, da pla mariganese, jouine,. landi, į erickuku - your States Government will

Trieste, Iran and Greece, but it parti

| Under the new cipate in the Egyblion Inter- | niso helps refuznes in the Fas the CDC may - temi Programine, | opium, piatimit, tin and Line:

national Trade Fairgearting in Zwas pod in other Europe | Belgium, Brazil Juruary 1980- arch that United 'countries,

Brit

Including

sonra Mention. - Corns may be

"Stolm industry and buster Pollum, Holland, Brglardan will be invited participate the loandinavian countries

China Mel Bowell,

with BTT Deperlunset: noted thất

| at least 50 per · cert of strategic

doqüiend, under

programme hinged here in American ves

Improper

them nn United

Statepdvantage over-

The Hardwood Plywood In sie stituta, claiming 57 member 3.17 companies, opposed the pending *cź bill, and announced that it 9.27] preparing for an escape clause" sotion before the United States

Commission. The Instituto mlá that im

Are ported plywood's swplying; độ per comb of the Triind ficktes maricota, and that Unlock Blated: plywood produc

declined from #512,000,000

Hongkong TINY

Petaling Tin

83.631

cum-dly Curn-capital issue,

1 with "div-China Malt Special.

Exchange Rates

2238

UTILITIES

07 0715

22.00

Tram. 21.20 21.40 2000 @ 2140

151

Star Ferry ..

Yaumati Perry 183 180 200 181

C. 1 10 17.70 17.00 600 C. Light (N) 14.00 14.00 Electric

3712 Telephone

INDUSTRIALS

Cemem

40 401 2500

STORES, ETC.

Dairy

Watson

22.00

14.80 13.10

Business was done in the local

exchange markot U unofficial morning at the following rates:- 1.5. dollar (per $1) Sterling, notes (por £1) Indonesian rupiah (per 100)

iam ticals (per 100) Bingapore (Bfruiter Indo-China plastres (per 200) 10.05 Allied

EVERETT

17.10

17.80 MISCELLANEOUS..

180

Yangiszo

888888 888888878 88888

LINES

EVERETT ORIENT LINE

Fast regular freight refrigerator passenger service to Korea, Јарав,

Slam, Philippines, Indo-China,

Malaya, Rangoon,

and Chittagong,

Calcutta

"NOREVERETT"

Arrives Soils

Feb. 19 from Singapore. Feb. 20 for Kobe

"REBEVERETT”

Arrives Salls

Fob, 23 from Manila. Feb. 24 for Singapore,

Yokohama.

Penang

Rangoon, Calcutta Chittagong,

(Accepting cargo for transhipment Kobo/Pria

EVERETT

Kobe/Okinawa)

STAR

Fast regular fr©lgħś — refrigerator -

&

LINE

service

ta

Japan, Malaya, Colombo, Bombay, Karachi and

Forslan Gulf.

(Sabject to inducement for direct call Kozen),

"STAR BETELGEUSE”

Arrives

Balls

Arrives Solls

(LIMITED

Feb. 16 from Singapore. Feb. 18 for Kobe & Yokohamps.

Feb, 26 from Japan.

Feb, 27 for Singapore, Port Bwat- tenham, Madras, Colombo, Bombay, Karachi, Basrah, Kuwalt & Bahrein, PASSENGER ACCOMMODATION; (Accepting cargo for transhipment

· Kobe/Pusan *spa Kobe/Okinawa).

EVERETT STEAMSHIP CORPORATION 5/A

(incorporaing in the Rapublic of Panama. Chinese Department:: Telaphane, 28293, Queen's Building, Telephone 21206.

$14.90

MESSAGERIES MARITIMES

120

FAST.

THE "CAMBODGE

now

"DONAI"

ANADYR

ling Feb. 26th Apr

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