1954-02-26 — Page 9

Marriage

THE CHINA MAIL

CHANGE IN MARRIAGES 1952 TO 1953 {LESS THAN -5%

10 TO

TO

TO 100EV

ĮMORE THAN10%)

JAN. TWOUCHING

AP Newalchiza)

A Statistical Paradox:

More Get

Married

In USA, Yet Rate Falls

By Warren Bennett, AP Newsfeatures Writer There were 1,553,000 marriages in the United States last year

20,000 more than in 1952. Yet the nation's marriage rate fell off slightly, from 9.8 to 9.7 per 1,000 population (including the armed forces overseas).

This has created a statistical paradox: a slumping marriage rate although 20,000 more couples did march up the aisle to Lohengrin in 1953 than the year before, The reason lies in the nation's record-breaking . population boom.

FRIDAY FEBRUARY 26, 1954,

BY PIERCE

FIRMER TREND IN HK SHARES All investors'

Utilities Firm After

Selling Vave

Issue

HUTTE 157 JOIE Slut Init

Increases

XOOWBRAD

Rates,

..

Freight

140101

Send UK Costs Up

Oversubscribede e10120426

A spokesman for Allied Investors Corporation. Ltd., #Minounced? Lais morningi sydhe subaurilion this for The time #per of 3,349,- 1993 onda Szikro-ni-$4 each in Ailled Investors Corporation

Lid

WEI

"clined be)” 10,10 á.z.

after being oppadd

By A Special Correspondent Berhe babile Line was After a sudden wave of selling hit the Hongs kong Stock Exchange on Tuesday morningfor

no apparent reason at all there was a partialing de mange et l recovery in prices on Wednesday afternoon and ⠀⠀*

NEW YORK utilities particularly were quite firm again yegi` terday.

Prior to yesterday's recovery the market had been in a slight depression for about a fortnight, a condition brought about first by the Vietminh advance on Luang Prabang and the apparent deterioration in the Indo-China situation, followed by a bout of profit-taking which brought invest- ment shares down from their peak levels.

STOCK

MARKET

New York, Feb. 25. Stocks carried through on

Explaining Tuesday's sudden slide

The in prices one There seemed to be a sudden rush of broker told me: selling orders; it set up a chain reaction, but why it started--I don't know."

Some

The British Minister of Transport, Mr Len- nox Boyd, has decided to increase rail freight and dock charges by 10 per cent ng from March 1. The increase will affect about 30 per cent of all port facilities in Britain. Spokesmen for the Iron and Steel Corporation have estimated the cost of steel production will bẻ raised, as a result, by around 9 shillings per ton

The Minister of Transport his also refused to remove restric tions on the sale of second-handi British ships to foreign coum- tries. Ho' sold a wide measure

મ of freedom was allowed to ship-

to relt: owners

their ships abroad, but for ronson of national security and defence, he could not abolish ait restric- tions on the transfer of ships to overseas buyers.

In the meantime, trading conditions for tramp shipping have clearly improved since the turn of the year. A moderate Increase in demand in several of the leading cargo trades, a good scale today the rally especially for vessels in early brought which began late last night.loading positions, has

the first extensive recovery in market opened higher rates for more than six months. late push in televisions, and moved up steadily, with a

A meeting of the International steels, motors, utlilies and a Chamber of Shipping has bom host of special Issues Ufting held in London with the parti- prices sharply.

cipation of representatives from According to Chimke quarters, 130, cents, Lights old, 30 cents, Activity Increased modestly, Australia, Bolum Cerada, Fan- however, it popms there has been and new 20 cents, Electrics, 50 with turnover of 1,470,000 land, Denmark, . France, Ger a revival of interest in individual cents, Telephones 10 cents. shares compared with 1,350,000 many, Greece, the Netherlands, properly buying and that both Ropo's dividend of $1 will yesterday lightest since Janu- India, Italy, New Zealand, Nor Europeans and Chinese investors certainly be a disappointment

way, Sweden, the UK and the needed money to finance new ori

ary 12. tall can be some

expected

Active leaders with spécula. | US. private flat profecta

from yesterday's buyers quote tive interest whetted by news

The Standing Committee was Increased dividends an- of $17.30. A glance at the

nad Texas ollmen

re-elected 25 follows:-- M. nounced by Trans and Electries gany's dividend 2

(Troms $180 less tax plus an that in 1950 they paid $3 bought the 800,000-share block Jacques Marchesay (France);

record shows that two

of Baltimore and Ohio. New Mr R. E. Kemana (India); Mir Interim of GO cents making 1951, $2.30, and in 1962, 41.75

York Central rose nearly

D. A. Delprat (Netherlands) $3.40 for the year against a total

be misleading how-

closed 1 Mr Leif Hoegh (Scandinavian of $2.30 last year and Electrics ever to

this 05 0 $1.50 free of tax

higher at $24. an decline in the plus

dividen ready point at its high,

and Mr T. A. Monroe (US). interim

making

The record

shows that

On a report that the com- $2.20

against the year

maintained pany hopes to company has

cut the com- $2.10 last year) were possibly a the dividend cach year at $1petitive lead of the top factor in the recovery of utilities but has reduced - the "bonus"

ducers with new styling, and yesterday. Sale přices certain= | from In 1950

to nothing cast reorganisation. ly indicate it. Trams advanced today. Market tek la that the

Telephone, Ah Ames? comany is expanding, in Malaya

most

issus, rose to a and 73 1 a result of capital ex-new high at $162,

enditure they have had to cut tBethlehem Steel gained a

bonus Lands 100k

somit polat in the pecullar dip during the week after the announcement of their quite attractive new issue terms. This is attributed to overseas selling of the shares. But Lands

Last year the country's population increased 2,700,000, pushing the total to about 161,,200,000 by Jan. 1. This increase reflects not only a

rate low death

and record number of births (3,950,000) but also moderate increase in immigration.

"There's Gold In Them

There Trees"

Auckland, N.Z., Feb. 24.

New Zealanders, with forests covering more than one quarter of the total land area of their country, are becoming more conscious of the dollar-saving wealth of their timber.

Exotic pines, between 20 and 30 years old, now cover much of over 900,000 acres and they are replacing the native forests because they grow more rapidly than New Zealand's own species.

Two events this month aro (two British shift foremen and bringing home to the people of fond Australian shift foreman. Now Zealand the growing portance of their tree resources, They are:

The nation's population spurt, which began in 1946. has now continued for eight consecutive усать. In this period the population grew by 20 millions, Before 1948, took 17 years to produce such an increase.

The record marriage year for Americans was 1948 when 2,291,000 weddings were PCT- formed. The rate zoomed to 18.2

(8.2 per 1,000.

One factor that tends to keep the current rate down is that

the number of single persons was depleted by the marrings boom immediately after World War 11. Another is the smaller number of

Teaching persons marriageable age because of the low birthrate during the de- pression-ridden 1930's..

'a

The accompanying map is based on reports of the National Office of Vital Statistics and surveys by the Statistical Bureau im- Utilisation of New Zealand's of the Metropolitan

exolle forests through chemical Insurance Co. The percentage pulping is an important feature change from

1952

to 1953 is of post-war industrial develop based

on data from January On ment in New Zealand,

and

Life

It is opening up a wide field through October of each year.

and

3

1. The official opening.

February 20, by the Prime

Minister, Mr Edney Hol- of trade, both internal and ex- Innd, of the new £7,000, termol,

wrapping 000 Kinleith Pulp

Dapers, creating packoglog Poper mills project bc- Jonging to New Zealand for newsprint production,

ready source of chemical pulp and Products Limited; sumulating research Forest

into CX- tension of by-products and new unes for wood constituents.

and

2. A 4-day conference, до of 400 sawmill- timber

marchants,

Rotorua,

Forest Service

operators

and boxmakers on future

re-

Regular Shipments

In the use of radioto pine, apply to

which comprises

of

map shows that in 1953 the number

of marriages in creased 10 per cent or better in seven states Missouri showed 17.3 per cent increase, followed closely by Delaware with 16.6. The other five states and their percentages are Vermont. North Dakota 11,7, Georgia 11.3. Oklahoma 10.8, and Nevada 10.5. On the other hand, 14 states Bad

the District of Columbia 1953 than the year before. In reported fewer marriages in

14.J.

all but one of thete-Arkansas -the decreases were less than a

trends in simber produc-ready being made from Kinleith Regular shipments что al- tion, Australian timber

to * 20-yon quirements, and progress

contract Australien News-

Hobart, per cent. 40 per print Mills Lt, near

a minimum of cent of the Dominion's cut. unbleached sulphate

of 260,000 tons

In Arkansas, marriages · fell pulp, ot

The reason When all the Kinleith mills the mte of between 12,800 tons off 42 per cont.

The was a new state law requiring are workig by full capacity, an- and 14,000 tons a year.

premarital serological test. nual production will be at the first shipment under this con-

pet Arkansas had been reghtering a in August, rate of 45,000 board feet of trust went forward

steady decline in marriages timber, With the use of other and excellent reports have been Bawmills, the company's total received of the value of New during the early months of 1958, for but the slump was accelerated roach Zealand poftwood pulp

mixing with harder Australian | after July 1 when the new law

of went into effect," This will involve

manufacture cutting fibres in the Home 60,000 acres of forest on newsprint,

timber output may 78,000,000 fool.

a relational basis, leaving over New Zealand · hopes that Neighbouring · States

∙120,000 seres untouched.

Australia will reduce her ime

··

70 of

the for

cants

HONGKONG

STOCK EXCHANGE

It regard

$2

cxamination

DS

Egyptian Bank Shares Fall

Kaplan, Feb. 28-0 After the inews of the Egyptian political crisis,

of the Maklum Bank of Erry CANNE: 10 shiflings, to £251⁄4%, and

·Anglo-Brypt

Bank down * shillings sixPONOS to 40 %Milfmás). Léčebná mince November 10, 1953, United Press.

Boom In UK Cotton Industry

London, Feb. 25, For decades everybody has been scolding the Lan cashire cotton industry for having excess capacity.

Chrysler ran up 17 points in { Broup); Lord Runelman. (UK); } down, year after year, for their

stocks.

pro-

FLAG DISCRIMINATION

The chairman reported on the present position with regard to the negotiation of reciprocal agreements for the avoidance of double taxation, and said that the next mage, would be for the International Chamber of Com- Expected

Of 1,107 issues traded today,merce, 603 were higher, 506 lower, and 281 unchanged.

The NY Stock Exchange bond volume was at $3,385,300,

Stock Ex- American

was $80,000 Dow Jones closing averages

change. Antzine

the light of yesterday's price of 1 shares, $75.

A BANDSOME PROFIT (By Our Correspondentl

Under the terms of the issue, shareholders are offered baisus Buxiness on the Stock Ex share in the proportion of change today amounted to three, for every 15 heid and. $780,200.30. Moon quotations shares at par in the proportion and the morning's dealings---- of two for 15. Let's take a

case of a

man

dividend

SHARES ́ BUYERA SELLERS RALE# hog

.. 10

BANKS

HK Bank .. 1563 East Asia, INSURANCES

Union Underwriters SHIPPING

BIGS 8.00-2

Asia Nav... 1.15 DOCKS, ETC.

K. Whart

Dock

Provident

" TA

30

(d)

.... 13.40

1,10 'hot Dock Wheelock 3.90

LAND, ETC. HK Hotel

IIK: Land

300

cum

DOW

were:

30 industrials zo rails

Bunities

65. stocks 40 bonds

wou give full dupport to the document adopted at the last meeting of the ICS) to take the matter up with the Fiscal Commission of United Nations.

before The meeting had reports of the Standing Com mitee on further cases of as discrimination 20141

and issued the 101.50 following statement:-

MAB

11126 Examination, of instances of 19019 dag discrimination during 1963

Comm. future price index 170.77

United Prese

shares at their New York Cotton

end price of

or $73.25 ex dividend, st

a total value

of

321,975, Ho

can get 60 bonus shares free and 40 new. at $25 each which

in fact means that for the ex-slowly penditure of another $1,000 be has now 100 shares worth $22,075 on

present

markot, rates altis cách

Those who haid out this week 1 1000 mV.DŠ

1000 m 1.86 must be quite pleased with 10001 themselves for once the new 2000 @ 7.9 shares come on the maket they

showing 87 phould be

6.30 6.30

82 8888 288**888** $$$ 868

Market

renta

shown

The Industry has been cutting

own benefit and how a boom is severely taxing its highly re duced capacity

The Financial Times, in a careful review, said today: "dell- very can take anything from eight months upwards, depending on the type of cloth and finish, required.

"Grey cloth orders take four or five months for `completion and the anishing processes, though varying according complexities, take at least 85 longe spinning section is now

turning, qut yarn at about .00 per cent of their 1981 rate and the weaving section is about 85 per echt.

But a good many plants are hastily re-introducing "house- wives, shift" in order to

crease production.

But from the communal point increasing ari tendency on the part of govern- of view, the depressing factor Is that 78 per cent of Lancs- to embody

trada in greaints provisions necordia Phire's production today is for proferential treatment to the the home market and only 25 ships of the national flag. This por cent for exports, not many fendency has been particularly years ago the two percentages marked, in the case of those were oxectly reversed with 75 per cent earning "foreign " ex- countries whose participation in per

for Britain, United the field of transport is of com change paratively recent origin. While Pres.

the

pational understanding aspirations of the countries con cemed, the International Cham ber of Shipping recorded

disagreement (the Andien delegation dissenting) Open | with fag discriminatory methods 1500 adopted by these countries to 41320000 foster their merchant shipping.

New York, Feb. 25. Catton prices today alid of

in another quiet sessio the second le a row. Losses ranged up to 50 cents bate before the market oncountered enough trade, sup port to brake the decline.

Trading Volumes In the Ex-profound change today versi -

quite March

thandsome resterday

Ιπ

The

Textiles rose to a new "high"

MAY July

Det.

Dec.

Total

37.500 14,000

Interest

Singapore Rubber

Market

Singapore, Feb, 25. Prices Of rubber”, futures) closed today as follows No. 1 rubber per 15. Merch

April

No. 2 rubber per fa, Mürets

The meeting stressos that only by interplay of supply and dranki pea ka000 for world shipping could 5,200.

200-300 transportus un international Mo

No. 4 90.400 ..... 1362300 industry provide economic and effend prices Top the trading comity.

D$7.0 Hotels advanced 10 March cents to within five cents of last May week's price. Banks and Union ly were arly steady but Banks

United Fress anything clocks wern were

slightly lower on the work

NEW YORK PRICES 17.80 38.10 300 17 down five cents on the day and

New York, Feb. 20. Prices of cotton futures today cents on the week and Dairy closed as follows; Tamers were

steady on the spo day but down, about $1 on the North

S'hil Landi Humphreys

1.10

Tealty

2.15

UTILITIES

Tram It is quite possible that many The paper-making plant, New ports from the Northern marriages, that oright have taken Zealand's largest and most Hemisphere and buy more, and place in Arkansas previously are mocher

was built by Walm- more saltwoods from her sley (Bury) Ltd., of Lancs- The Government-sponsored now being contracted in neigh- shire, England, for Kinleith EN228,000,000 projeo the bouring stater: This could ex- and, with other plant in this Taman Pulp and Paper Com count in some degree for the mill, cost £1,250,000.

It can make paper from 1000ths of an inch up to 1000ths of an inch thick.

Designed in London the North Irland, is so com

In weddings,” 16: Missouri, Kid, consisting of a lap and

and Oklahoma. 3-sawmill a pulp mill, “and a

state with the most 24-newsprint ilik - to utilise the marriages was New Yoric which vast resources of the Kaingaroa in 1952 had 123,729 and 7- State Forest In the middle.

gistered a 1 per cent increase also.com-last

last year. New York State had tinuing to develop.

in 1053,than, the Plans call for the

more was of the Both the min building and

crections of

combined reystill this your expable of

Werk North Central the plant were designed by a a London firm of engineering con producing 72,000,000 board feet states in the

reaking per Alinnesota, Iowa,

saven

26.80

15

week

May

to fresh, talk on the July There is, no reason behind Rowty's proposal

Dic.

to increase, authorised: capital | Petras--

́except it is said the company

taking a religious Interest in y lund for Bar building newwor

NEW SLATE

Star_Ferry

C. Light (0) 15.39 1845 CLight (N) 12.30 1215.

Klictr

2. On the subject of

property 2010, hòard

and

ano) ordering) www.fats to bo

INDUST

2014 30.00

sultants. Bleet parte, were sent of supra timber a “YERTALING Missouri, North and South STORES, ETC. from England in fabricated In addition, a pulp mill with form, and a member of the firm & bapacity of 40,000 tocks of Dakota, Nebraska and Katsar

leading cities, * In a majority:ed, of comellante come to Kinteith inteft pulp a year and d'exeus the number of marriages to supervise the planning of print mill with an sturusi a changed but little from thet of the aile and installation of the put of 14,000 tons are expected

|to be eteápletná by: 1900.

betwber

the year. before. Only one, the large city line, of more

Iy, Birmingham, Ala, ko ported

With 'kkemarkable smoothnbak, |By/ngroomne the 200-forskot machine ben two companies, Krochicks gon making papar last Novem- newgrim Inc New Zealand In wyed to the "Daerbank / Chours"

In contrast,

more:

#than

Land an yesterda

nage delivered throughout world

the

Co. Lia. The report shows

and "co.

anet gain in total tonnage over

the period of 1,522,414 tons dw?

ト

subber

Gale

New York, Feb. 25, Rubber tures today clored

5 ponthighs tart pole tower with

atures

mark

folui Vaxtremel

and featurelesa.

quiet

Spot No. 1 Ras were quoted

which was about 100.000 tons at 19% cents par 1b.

1953, bringing the world tanker

New York Sugar Beet of vessels of 2,000 tons dw

qulla: 4 faw) people in Hongkod sa vydan

built to their own design on

[of the résisona zid vanosd""for the

Mar

arket

New York, Feb. 2

World Nogar future

sudden call din livested money! Today clowed unchanged during the weekend 11 by Be polite higher, with

fouze most popular plait is for his

доп

futures

closed unchanged to the fate costing higher with

$25,000 $20,

the ated, the trade in

March

the

period

·Maren

July

March

DON

The rubber

dw. 30,5141907: 25 Completions in tons dw, wille 44 old vessels of lothed pits pd: 0.619,4054319

406,924 tons dw were broken

21007

un, including 300,000-1908,795 Shipping 25whed 255 61 panies-China Mail Special.”

CHICAGO GRAIN

ROLL FUTURE

3/18

made

rovince