It's Hard To
Get A Divorce
In Greece
Athens, Apr. 13, Some 5,000 self-styled "slaves of marriage" have appealed in а printed memorandum to the Greek Prime Minister. Field Mar- shal Papagos, to simplify Greek divorce procedure.
These "slaves" claim that al- though in many cases they have in fact been separated from
. their wives or husbands
for
5, 30 or even 20 years they can- not get a divorce under present laws,
→ THE CHINA MAIL, THURSDAY, APRIL 14, 1955.
TRADE
and COMMERCE SECTION
NEW YORK STERLING REACHES YEAR'S HIGH
STOCK
MARKET
Further Highs Reached
"New York, Apr. 13.
Stocks moved to further!
thehighs today in their sixth
consecutive session of ad- vance-a rise marred only
Display Of Strength Against The Dollar
London, Apr. 13.
Britain's gold and dollar reserves fell by only 14 million by weakness in copper dollars during March, the Treasury announced.
shares.
Although
divorce Greece's procedure is quite recent and is incorporated in the Civil Code which was Arst introduced
The losses in coppers ranged. 1941, it allows divorce only on over 2 points with selling re- certain limited and clearly deflecting a price break for the fined grounds.
metal in London following word that the British Government will Except
for insanity, incapa- sell 45,000 tons of electrolytic cily and leprosy, which are the cop
copper this year, only "objective" grounds, for divorce recognised by the Greek Civil Code, all other re- cognised grounds are linked with what is described as the
of "subjective guilt”
one of the two parties concerned,
“STRONG SHOCK"
A "strong shock" in marital relations, is, for example, con- sidered to be grounds for "divorce, but even this has to be
Some late profit-taking pared prices of many leaders but substantial gains still were the
Industrial stocks climbed to-a:
average: Rails to their best
on
In February, they had fallen by as much as 82. million dollars. The higher bank rate and other measures taken February 24 thus succeeded in checking the drain, even though the Bank of England must have spent some dollars during March on supporting transferable sterling in New York and other markets abroad.
Sterling reached its highest of this year.
AC one time in the late
In addition, the Treasury her best showing. there since
announced that last July. provisionally new all-time high in their Britab had a surplus of 29 A Treasury spokesman de- since March 29, 1930. Of 1.217 million sterling in the European scribed the figures as a satis afternoon it got to within half He added that a cent of its par value of 2.80 Payments Union during March, | factory result." issues traded, 511 were higher,
During the difficulties their better trend would prob- dollars. 408' lower.
ably be found to reflect the of February, the Bank of Eng trend of the March tradeland was having to support it figures when they become expensively, to prevent it fall- available.
ing through its lower limit of 2.78 dollars,
FAVOURABLE PICTURE
Steels, motors. chemicals, scone linked with the eventual "sub-aircrafts and a host of special jective guilt that 13, the issues had gains of a point or ection of provoking the shock- more Mary responded to in- of husband or wifg.
dividual corporate announce. iments while the generally Proof of this "subjective favourable business picture con- gult," as required by the law,tinued to help the entire list, leads practice. to litigation which, according to experienced lawyers,
a divorce law sult to be prolonged almost
indefinitely.
van cause
been
"The only divorces," which are at present granted by Greek courts, apart from the few ob- jective cases, are the ones ir which the separation his decided by 'common' consent although this is strictly forbid den by the law," according to Greek lawyer.
Greek
MODIFICATION
"slaves of marriage" are now demanding a modica- tion in the system.
They maintain that the sys tem followed
in Switzerland which recognises the "bjective shock" in marital relations as grounds for divorce, should be introduced in this country. Thus, when an event provoking shock
in marital relations evaluated by the court, it would not be considered necessary for shock to be produced by action of one of the parties con-
cerned.
Trading was at the best pace of the month, totalling 2,820,000 shares compared with 2,770,000 yesterday.
Chrysler highlighted with 'a gain of almost 2 points in the autos.
ros:
1
Americin Tobacco point as the Company increased some prices,
Government Selling Copper: Prices Fall
London, Apr. 13. Copper prices fell heavily this Trade announcement that up to morning following the Board of 45,000 tons of copper would be sold
from United Kingdom Government stocks.
Dealings
active with were approximately 2,000 tons traced in the first ring.
Cash copper fell nearly £30 per ton to £302, while three months lower.
at £296
was £29
AMERICAN AID
During March, Britain re- ceived 21 million dollars of United States aid BILC one million dollars from the EPU,
BETTER OUTCOME
This was a much better out- come than most observers had expected. Bestdes the adverse
UK Cotton Deal Dangerous Toys Of
The
Approved
Washington, Apr, 13.
Foreign Operations
Administration
proved cotton
today ap-
purchases
by the United Kingdom totalling $5,000,000 to be delivered
June by 1955.
the
The cotton ៤ to be bought in
United States and its possessiotis in the programme for dis- posing of United States surplus agricultural com- modities-----United Press.
HONGKONG STOCK EXCHANGE
(From Our Correspondent)
Business done on the Hong- kong Stock Exchange this morning amounted to $1,694,354. Noon quotations and the morning's transactions:
Foreign Origin
New York, Apr. 13. Ninety per cent of the dangerous toys on the US market are, of foreign manufacture, a toy, industry spokesman charged today.
Mr David Taylor Marks, As- by lighting a fuse and can sour sistant to the President of the to height of 300 frot, Toy Guidance Council, Inc., told Mr Marke made no reference a meeting of the New York to any other countries ir his Safety Council that this
was talk-United Press...
due to greater emphasis on and recognition of the prin ciples of safety.
He added also that American New York Sugar
toy makers various
co-operate with
inity agencies
youngsters.
safe
boy's for
He asserted that nearly all American-made 10y's
WEIC
Market
New York, Apr. 13.
World No. 4 Styr
realistically
designed,
futures
safe, closed today 2 points higher to
durable, and capable of aiding 1 point lower with sales of 184 child development," he added.
NOT AMERICAN
contacts.
con-
futures
Domestic No. 8. sugar futures Describing highly ammable closed unchanged to plastic and other hazardous toys
1 point that have brought notoriety to higher with sales of 201 some types of toys, Mr Marke tracts. said:
Steadiness in world "Generally, when such stories was coupled with dealer re- appear, you would do well to ports to the effect that Russia note the country of origin of the bought an additional 50,000 from Nine limes out of ten you tons of Cuban, refined
She paid a quarterly instalmen! | trade figures and the dollar cost | SHARES BUYERS SELLERS SALES | loy: And it is not an American- | Private exporters at 4.20 cents.
of eight million dollars of an old loan from Canada.
had a defeit of only 28 mililon In ordinary trading she thus dollars in March,
compared with
a deficit of 101 million dollars in February.
In late dealings yesterday the
good unexpectedly
Agures caused a display of strength in sterling against the dollar.
Meanwhile. It was learned World Cotton
The break in coppers lowered, Inspiration Consolidated, Ana- conda and Miami Copper moce than 2
points A
each. Magma American Smolting and Kenne- here that the quantity to be sold Government would be cott declined around 14 points, by the
The New York Stock Ex-made principally to two big Bri- change bond volume was $3,- tish producers, who supplied the 240,000.
metal for stockpile in the first The American Stock Exchange case. volume was $880,000 shares.
Dow-Jones closing averages were as follows:-
30 Industrials
20 ralla
3
13 uities
is
40 bonds
the
A divorce could then be grant- ed on the grounds that one of the two partners could reason- noly claim, and prove, for in- stance, that conditions had been produced which make marital relationship impossible,
Another proposal, put for- ward some time ago to Greece's Holy Synod by an ecclesiastical expert, Mr Theodor Sperantzas, all calls for a 5-year limit to divorce suits. After that period, the divorce would be granted automatically.
SOME TIME YET
#5 stucks
Comm. future price index
YESTERDAY'S PRICES
Alden Inc. Aey. Allied Chemicals Allis Chalmers American Airline American Metal American Smelting American Tel & Tel
American Todosso
Anaconda Copper Armco Steel
Armour
Baldwin-Lani-Hamilton
Baltimore & Ohio
Berdix Aviation Corp.
Benguet Cons.
Bethlehem Steel
Boeing Airplane
64.00
09.97 į
THE COMPANIES
The companies concerned are the Rhodesian Selection Trust and Anglo-American Corpora- tion of South Africa Limited.
Mr P. G Smith, Chairman of the Committee of the London Metal Exchange, announced to members it was not envisaged 2001 that the services of the Gover- 263ment broker would be needed for disposal of the unsold balance of the copper which the Govern- ment announced it was selling.
$23
201
4814
281
697
An emergency meeting of the London Metal Exchange was called
Markets
New York, Apr, 13. Cotton futures today had the smartest rally in over a month scoring gains exceeding $1 M bale.
by
Broadscale
covering foreign and domestic Interests coincided with reports that the Government may reject the idea a subsidy on the new crop in order to expedite
cotton ex- raw ports. Uncertainties on that score have been overhanging the market for some time, News that Agriculture Secretary Mr soon may make an Benson announcement was expected to clear the picture.
of supporting transferable BANKS sterling, the early days of HK Bank. 1830 1835 March makt have had some sterling in overhang february. That pres- INSURANCES
from the pressure on
"Ebat Asia 410
the
Union
sure clid not stop when Bank of England acted on February 24.
and London
had
It may have been offset by pressure in sterling's favour at the end of March. Some Con- tinental operators had sworn, be- observers that they would not buy With advance of a fate-
ful and
Brush unpredictable general election. In the event they found themselves uncom fortably short of it. After bid- ting some fancy Interest rates an attempt to borrow some, they had to buy it.
This month, Britain stands to receive 11 million dollars from the EPU in respect of March.- China Mall Special
World Rubber
Markets
Lombard SHIPPING
Ada Nav. DOCKS, ETC. K. Wart Provident (0)
XA Hongkow
1000
will
1 e 150 made toy."
110
35 1340 1540
a pound, Fas,
As an example he cited Domestle futures were steady 258212 German-made toy called the with active switching from V-2 dying bomb, which he said May to July contracts the 31020
trading feature. 120 might injure children if they dominant 1325 fail to operate it as prescribed. Futurės:
The 'Tocket ship" is launched
30
75c
74
$2,000 € Tic
11.60 13
1760 @ 1.20
413
•Wheelock 720 733 1400 62 MA LAND, ETC.
HK Hotel.. 17.30 17.40 800 37.40
HK Land
Husa phæveyes Realty.. 210 215
UTILITIES
brāzm
Star
21000 17.30
London Foreign
Exchange
New York Montreal Amsterdam Brussela
S 2016-20170 000 20.80 Paris
Stockholm
Yazmati Femy
West Marker
XA.... 107 109-
17 100
108
j.
C. 2tt (0) 18.10
Light (N) 3440 0000 @ 14.10
Electric ..... 314 394 100
Telephone
INDUSTRIALS
Cement
K All
STORES, ETC.
Dairy
H
(IST)
32:3214 35%
28.40129.30 4024 128.80 6000 6 28.97
20.50
2000
250 € 21,
13.30 13.50 Crawford 25.10
Watson
COTTONS
MISCELLANEOUS
Singapore, Apr. 13. After opening with uncertain trend the rubber market steadied on short covering but in the Liverpool and other foreign afternoon some selling developed
Vaccine for this afternoon to accounts were active Buyers on and prices eased. The market 37% formulate recommendations as the opening and through the first closed slightly above lowest.
to the best way of disposing of hour. After the Liverpool mar- Future closings, this copper. These recom- icet closed mendations will be placed be fore the Board of Trade. China Mail Special.
135
70%
Canadian Pacific Railway
30
Case (1 1) Co.
11
Chile Copper
46
Chrysler Motors
Commercial Credit
Commonwealth Elec.
Consolidated Edison
Continental Steel
Crane Co.
Cuban American Sugar
of
Curtis Writht
of
Dupont de Nemours
But although the justice the claim of the slaves marriage" is generally recog- nised, legal experts in Greece believe that it will be some time yet before -anly change
Greece's recent considered possible.
Civil Code
in is
By restricting the grounds for divorte mainly to those based upon "subjective guilt, Greece's top legal experts, who made the Civil Code, endeavoured to date- guard the family from "a too easy divorce" which older people deplore and regard as a "major Unterse❞
modern society.China Mail Special.
of
DISOWNED
BANDIT
DAUGHTER
Ipoh, Apr. 13:
A mother recently visited at the Government's request the daughter whom she had dis- owned a month ago for joining Communist terroriste In Jungle.
The
the
girl, 19-year-old Sin Ying, lay badly wounded in an
Corn Products
Eastman Kodak
General Electric
General Fooda
General Motors
Gillette Safety Razor
Goodrich (BF.) Co.
Goodyear Tire & Rubber Homstake Mining Co. International Busines
Machines International Harvester International Nickel International Paper International Tef & Tel John-Manville Do. Kennecot! Copper Lockheed Aircraft Leows Incorp.
Lone Star Cement Co.
Minnesota Mining
Montgomery Ward
National Distillers
Zalional Lead
National Cum Reginar "A"
New York Central")
Cus Elevators
Pacific Gas & Electric
Pacific Western Oll
Pan American Airways
15%
Australia's Whale Quotas Reduced
activity slackened | No. although prices kept close to the high levels most of the time.
more
1 rubber per
Apri
May
June
No. 2 rubber per lb. April Crop experts paid
No. 3 rubber per lb. April attention to the long range fore- | No. 4 rubber per ib, April cast over
possibility that the Spot rubber unbaled
Blanket Cupt crop may get off to a late staro. 1 pale crepe and make it vulnerable to the usual crop hazard later in the season.
LONDON
The market was fully steady,
Trading volumes and opening No. 1 Rss spot were quoted at interests in the Exchange today26% pence per Ib. Prices:
were:
Washington, Apr. 13. Whales along Western Aus- Monta tralia show "unmistakable signs May of dépletion" so the quotas
for July stations there have been duced by 200 for 1955, the Agri- Mar, culture Department reported to May July day.
Volume
Allied
4
4.20 6.30
10006.05.
4.00 4.25 950 @ 30
Stock Market Singapore
Singapore, Apr. 14. Brokers today quoted the following stock prices:
British Borneo Petroleum
Other's Press,
WETO
London, Apr. 13 2.71 2.79-13/16 278-1/16-2.78-3/16 10,84%-10.80 140225-140.2 984-9843 14.357% 14.554
11.79-11.793 unchanged-United
EVERETT
EVERETT
Contract No. 4 (world)
May
July
Sept
March
May
July
QUE1)
Spot-fcents per lb. fob
Contract No. €
May
July
Sept.
Nov.
Mar.
MAY
Spot-(cents per lb. cif
ex-cuty)
5.30
-United Press.
LINES
ORIENT LINE
to
Fast regular freight refrigerator
service passenger
Korea, Japan, Philippines, Indo-China; Siam, Malaya, Rangoon, Calcutta and Chittagong.
"LENEVERETT“
Arrives Sails
Apr. 25 from Manila. for Apr, 20
Rangoon, Calcutta,
Singapore,
Chittagong
"REBEVERETT"
Arrives
Salls.
Apr, 30 from Singapore, May 1 for Kobe & Yokohama,
(Accepting cargo for transhipment Kobe/Pusan Sunda Kobe/Okinawa) -
EVERETT STAR LINE
Syndicate Consolidated Tin Smelters.
Ordinary
Opening Interest
37.500 17,000
614,000
No. 1. Res spot
*** 2851-201 Settlement house term: MAT June
Fraser & Neave Lid, Or-
dinary se
26
Oct
To Dec.
8,300 10.200
830,200 341,500
July/Sept.
Oct./Dec.
296.200
Jan Mar.
2532-2511⁄2
5500
181,402
3.300
101.300
General markets, cif April
Fraser & Neave Ltd., 73%
cum. pretvara 261-2014 Hongkong & Shanghai Bank Corp. Colonial Register) Malayan Breweries Hafen Hotel
Opening
30/14
30/3d
31.83-
$6.00
$#15
$3.90
32.70
3,300
46,900
May
$28.00
Total
84,200
2,471,400 bales
June
NEW YORK
Estate crepe thick Extate crepe thin
$14.003
United
Wearns Brothers
ong nun Petaling Tin
neers Ordinary
$11.40
$2.00
Arrives
Lid. .......
Eon Batu Lintang Rubber Kempas Ltd.
Salls
$3.95
Co.,
Australian stations Wil be allowed 1,840 humpback whales 911 this year instead of the 2,040 of 751954. 4332
Prices of futures closed today as follows:
Singapore Cold Storage South British Insurance
Straits Trading.
unquoted Streits Steamship
NEW YORK
Futures closed today 15 to 45 34.35 points lower with sales of 120 33.59-60 contracts; 33.70-65
34,00
31.08-00
34.11
6421
0
65
4734
45
Quotas for two west coast 100 stations were reduced by each. The results are quotas of July 500, 500 and 120 for the three Oct. Dec. west coast stations. Those for
Paramount Pictures
east coast stations are 600 and May
3.30
301%
Philips Petroleum
120.
July
33.73
Fittsburgh Plate Glass
6945
Radio Corporatice
433
that
NEW ORLEANS
today
Shell Oil Co. w
Socopy Velá
3367-58
33.78
Standard Brands
Reo Motors
Republic Stoel
Sinclair O JER
Southern Railway (Com.)
Standard Of of. Cailfotyden Standard Oil of Indiana Standard Oll of New Jers Stokley Van Camp. Studebaker-Packard Corp.
Swift & Co, Техла Со Union Carbide Union Parlin Rafway
United Com Imp
1.8. Gypsum
U.S. Le Co.
1.5. Rubber
United States Smelting U.S. Stoel
Ipoh hospital after being shot Werner Bros.
by a Gurkha patrol which came-Westinghouse Electric
upon Sin Ying and another Com- brunist to the Himestone clif hideout near Ipoh.
Woolworth
168
The Department" said Australian whale cil production Prices of futures closed at three of the five shore stations as follows... last year amounted to shone
12,000 Press,
short
tons-United
Ceylon Tea Auctions
Colombo, Apr. 13.
Tea circles here expected that
a
May
J
Mar
July
3403-04
Prices dropped with the lower primary markets or routine transaction between dealer in- terests.
Small sales in the spot market included July one sheets at 31% rents and September one sheets at 30% cents a pound.
Spot No.1 Rss were quoted at
Lunas Rubber Estates Ltd New Serandah Rubber Co.
$1.30
Ltd.
exdly; I xd xb. China Mail Special.
NEW YORK METAL FUTURES
32 cents * pound, nominal. cents per ib. as follows;
34.10 Futures:
22,45
New York, Apr. 13. Prices of metal futures ja
Lead
34.31
34.31
May
April
14.308
May
14.31
Joby
33.74
30.95
Tin
Dec.
30.45
April
20.30%
LIVERPOOL
2000
May
00.371
Zine
23,60
Prices of futures closed today in pence per lb. were as follows:
May/June July/Au
April
11.001
30.77 30.28
The Amsterdam rubber prices were not received this morning.
United Press.
May
Copper
Det/Nov. Dee:/Jan Mar/Apr.
82
28.10-78
New York Foreign
New York, Apr. 13.
$1.13%
2010-20
lier rabe
boykry
1.013
the trend of tea prices at the Apili 19 auction would have a 48% strong bearing on whether or not
the Government export fax will Futures
United Press.
be reduced.
SAO PAULO
closed today in cruzeiros per kild as follows: The Government has, appar May question-afresh on April 21, The October
December tea industry here bellever that | March Business was done in the local unless the current high export |
Exchange Rates ently decided to consider the buy
The mother agreed to visit the gi, who burst into tears when she saw her. But the mother remained impresive. She merely Identifica "the girl as having been her daughter, and said es she left the hospital ward Sterling Holes (per 21);
(per $1)
29,05: 31,00
unofficial exchange market this duty is reduced the outlook for In the United States, the morning at the following the industry is not favourable, average price of 15/16 midating
15.75 A "You know
madla's recent duty res Inconsdan Tip (ah ( 1001 120 A reduction at this time, it year ten designated spot markels Future
would be in keeping with was 33.69 centa Sales at these mother: That all."-France Bingapore (Straits) United Press,
centres, totalled. §,316 bafes Presse
-China plautres (per 100)
United Press.
that you have a Indons per 1000
Exchange
6-month" 1.01 15/3
Fast 'regular freight --- refrigerator servies to Japan, Malaya, Colombo, Bambay, Karachi and Persian Gulf. (Subject to inducement for direct call"Horea)
"THAI"
Apr. 18 from-Singapore,
Apr. 18 for Kobe & Yokohama,
“STAR ARCTURUS”!
Arrives
'Salle
Apr, 19, from Japan.
Apr, 20 for Singapore, Port Swet- tenham, Colombo, Bombay, Karachi Khorramshahr, Basrah, Kuwait & Bahrein,
(LIMITED PASSENGER ACCOMMODATION) (Accepting cargo for transhipment Kobe/Puzan. ́and Kobe/Okinawa)
`EVERETT STEAMSHIP CORPORATION S/A (Incorporated in the Republic of Panama with Limited LiadE27)
Chinese Department: Telephone 26293. Queen's Building, Telephone 37206.
11.000
38.00% 35.500 United Press.
LONDON METAL
PRICES
London, Apr. 19. All metal markets were steady.
MESSAGERIES MARITIMES
■ P.O. Box 53... Queen's Building §, Tel: 28451.
FAST PASSENGER/FREIGHT-SERVICES closed today in sterling "CAMBODGEL long ton as follows
bayar sallow "LAUS"
71751/71756:
104 164MBINAM”
884
Prest
sailing May 21st soiling Jan. 18th
FÄST FREIGHT SERVICE
"FEIHO"
sailing Apr. 19th mailing May 12th