1954-09-10 — Page 9

NEW SOVIET

ARMY CHIEF VA

IN AUSTRIA

THE CHINA MAIL, FRIDAY, SEPTEMBER 10, 1954,

TRADE and

COMIVIERCE SECTION

Colonel General Shadov, the newly appointed Soviet Army Chief in Austria, inspects a Guard of Honour when visiting the British Army Barracks at Schoenbrunn, Vienna,—Express Photo,

Greek Women Are Now Fighting For Their Rights

Athens, Sept. 9.

Greck women's organisations have united to fight for full equality of rights with men.

Although they won the right to vote in national elections in 1962 and there is at present one Greek woman Member of Parliament, men are still reluctant to relinquish to them such male strongholds as the diplo- matic service.

As member of the executive committee of the organisation known as "Women's Rights" told me; "Greek men are reluctant to grant further rights to women, and we believe that they will have to be forced by one means or another to make concessions."

Thie secretary of another women's organisation. the "Women Scientists' Association," Mrs Niki Goulandris, decided to force the Government's hand recently by applying for od mission to the examination for Embassy Attaches to be held on August 22.

A pretty 28-year-old brunette,

Wheat Support Price BRITAIN LOSING

May Drop In US Under New Law

Washington, Sept. 9.

The support price of next year's wheat crop may drop to about $2.06 a bushel under the new farm law, Government experts said here.

There are several "ifs," however. For example, Secretary of Agriculture, Ezra T. Benson has authority to peg prices higher than the minimum 824 per cent of parity-a fair earning price called for in the new law,

Another question is whether | minimum any way, the Depart- next year's crop will add to ment may not put the entire current surpluses which were 300,000,000 bushels in the ect- supported under the cld 89 per aside. cent of parity price formula.

Parity is formula

The now farm law provides calculated to give a

farmer a fair return for the set-aside of old stocks his crop.

of six commodities--wheat, cot Department of Agricultura ton, cottonseed oil, butter, dried experts are now figuring that milk and chease. But none of even if the maximum 600,000,000 this is supposed to be counted in bushels set-aside allowed under calculating support levels. the new low is not counted in

BASIC CRors

on

support calculations, on-hand the parity surpluses will drop price to 78 per cent.

This would force, Mr Benson 82% to 90 per

Because Crops

naw

supports On may range

basic from

cent of parity,

to raise the support price to depending on supplies, the set- 0234 per cent, as provided by aside figure is important. The the law, but it would mera w provides that Mr Benson can- $2.00 support price compared with this year's $2.50 under 90 per cent drops.

Mr

WINTER CROP

its

of New York Sugar

Market

mot put less than 400,000,000 bushels in the set-pside.

Ceiling For Barley Imports

Washington, Sept. 9. The United States Agri- culture Department recom- mended a ceiling of 10,- 400,000 bushels on Imports of barley, of which 2,190, 000 would conalsts of-barley malt.

Bald!

Department preliminary studies showed there was reason to believe that quantities Imported

were rendering the barley price support programine Ineffective and requested a tariff commission Investi- salion.

The barley quota was not absolute and an extra fen of 20 per cent of the wholesale foreign value en all barley importa ex- ceeding the, above- quota Was also called for.

On Wednesday, the Agri- culture ·Department commended

absolute

Import quota for oals of 40,000,000 bushels.-Renter.

HONGKONG STOCK EXCHANGE

And

•

NIGERIAN TRADE TO W.

W. GERMANY

Lagos, Nigeria, Sept. 9.

An intensive export drive by West Germany is making inroads into the once almost exclusively British market in Nigeria.

In this colony, with its 30,000,000 population; increased prosperity has meant increased OVETSSKR buying and new figures covering the period of January to March this year show that many big orders are going to Germany.

year.

many

In

World Cotton Markets

New York, Sept. 9.

United Kingdom exports to the eclony for the period from Janitary to March in 1953 totalled £15,128,300. For tho same period this year, they have dropped to £13,800,104, Mean- while, German exports over the same period have risen from £1,009,401 in 1933 to £2,880,227 this ye

As in

countries Europe, Nigerians are showing Cotton traders today took d a growing preference for Ger- breathing spell after exciting man care. Five times more were over price rise to seasonal highs Imported up to March this year following the lower Government than In the same period two crop estimate,

Future prices were submerged Sindtar gains are being made slightly below the previous close In the heavy vehlelen market. most of the time, Between January. and March, Realising and scattered hedge 28 coaches

and buses

came selling tricked into the from Germany compared with reflecting technical considera- enly twelve from the United lons and expectations for read- Kingdom.

justment of positions.

years ago.

FOOTWEAR

ring,

Domestic mills, shippers, and other trade interests absorbed

Probably the most startling most of the contracts, furnish- chunge in Nigeria's Import ing a scale-down pricó cushion. policy revealed by the new Trading volumes and oper figures is in leather footwear. interest in the Exchange In the

first quarter of 1952, were: £100,907 worth of British foot- Month wear went into the colony.

today

31

Votume

Open

Interest

October

181.300

FR1,500

December

144,000

471.100

March

75.000

€56.100

31,700

811,000

11.000

222,300

19,000

77,100

437,200

(bates)

2,413,400

NEW YORK

This

orders year, British totalled only £84,702 compared with

from May worth £ 111,825

July Germany, which had practically October

market here in footwear two December

Total years ago,

the

по

That is a lot of wheat until It is compared with this year's

(From Our Correspondent) record

supply of 1,884,000,000| estimates that bushcia The Dopartment

Business done on the Hong- domestic and keng

Stock Exchange this foreign buyers will acquire morning amounted to $178,100. 000,000,000 bushels,

leaving Noon

quotations 1,000,000,000 bushels on hand.

moming's transactions: SHARES BUYERS SELLERS SALES BANKS

HK Bɔnk .. 1710 1720

INSURANCES

Unlon 9071, D1S DOCKS, ETC.

Ha

SUPPLY AND PRICE

Drack....... Provident (old)

Wheelock

Benson must announce next year's supports soon. Winter wheat is being planted and the law requires hhn to fix supports all the seed is before

the ground,

One official said next year's set-aside figure May be nn- nounced along with the support | It is from this point that the price. He said that since prices | Department begins when cal- are going

foll to

below the culating the 1055 supply and price outlook. Omcials now figure that the carry-over, plus an 850,000,000 bushel crop next Mry Maritsa Thanopoulou, poulos, the Greek Minister

year and minus the 500,000,000 40-year-old secretory of the Justice, after the ratification to

bushel set-nside will bring "Women's Rights" organisa- enquire how far the Conven-

1953-58 supplies to 1,359,000,000 tion summed It up like this: tion was to be applied,

bushels, about 25.0 per cent

"Women still do not get Mr Theofanopoulos, who, at

New York, Sept. 9-above "normal" equal pay with men for equal 70, is one of Greece's most World No. 4 sugar futures Normal is expected derrand, work," she said, "and under prominent lawyers,

to 2 was reluct-closed unchanged

points plus 2 reserve allowance of the civil laws, a woman in sub-ant to consider all the women's lower with sales 46 contracts.1.000.000.000 bushels. The sliding- Ject to man's authority as re- Pleas He did, however, pro-

Domestle No. 6 sugar futures scale law requires that when kards both her husband

to and mise

Introduce in the near cloved unchanged to 1 point supplies exceed normal by 24 to UTILITIES her children. Nor does Greek ment a law allowing women to tracts.

future into the Greek parlin- lower with solds of 470 con- 20 per cent, props must be set

at least 78 per cent of parity.- become notaries and to be

United Press. accepted as

as witnesses in Court, He could not, he said, grant full political rights

and

expressed the opinion that this WLS & matter for consideration by the Government as a whole.

law admi1

of

Mrs Goulandris, who is a gradu- ate of the School of Political and Economic Sciences Athens University. created sensation among officials of the Greek Ministry of Foreign

Affairs

women

May

09

wit-

or be-

nesses, jurors, Judges Notarics. Nor

they come diplomats."

Mrs Thanopoulou emphasised, Registrar's department of the tno, that Greek women have Ministry

to hand in her ap-repeatedly asked for the aboli- pilcation.

tion of houses of prostitution. When

Affairs when she went to the

charg

10

seck superiors.

her

with presented

the secretary

hurried off of bis

#1

astounded,

the advice

Greek women's hopes for After a time, he returned to rectification of ali the dis Inform her that her application abilities which they still suffer, could be accepted, but that

are now focussed on the fact All

necessary

that the Greek Parliament

The Minister of Social Welfarb the

· has promised to examine

plea for the abolition of houses of prostitution.

who

Scattered light selling in the world contract was associated | with the idea that little cam be accomplished at the International Sugar Counch meetings to bolster the price situation this year.

Evening up operations in the November delivery domlouted the trade in the domestic con-

Grock women,

have tract. struggled to achieve equal rights for

more than 30 years ar convinced that they still have she must attach

hard work ahead befor?! much documents, including "certi- recently passed a law ratifying

they can hope to break down of army service or the International Convention of the reluctance of Greek men to exemption from service which Women's Political Rights. give up all their traditional pri- is essential

vileges.

ficate

before embarking

upon a diplomatic career in Under this Convention, Both теп and women Greece.

women must be accorded equal | Greece

now anxlously

are

HAND-LOOM

TEXTILE

DRIVE

Singapore, Sept. 9.

Two Indian marketing officers arrived

hore

Lo spearhead India's Intensive export drive

of

textiles in Southeast Asia.

LAND, ETC. HK Hotel HK Land

$720

man

14120 1800 14

1000 * 14.10

7.00 7.83 1600 700

03

10,00 11.30.1206 or 11 .. 5015

GD 300 400. 200 00 2001.

Humphreys Renity ..... 2.05

20.80

.10.40 18.00 600 2 18.06

137

Tran.. Star Ferry V'mati Ferry 153

C. Light (0) 15.40 151 800 335 C. Light (N) 12.30 1000 @ 12.40 Electric XD 315 325 Telephone 28.00 7.50 300 € 27

INDUSTRIALS

JARNÉ

Cement

STORES. ETC

Dairy

COTTONS

27.10

24.70 25 000 m 24,00

7.03

Textiles: MISCELLANEOUS

Allied.$.02154.071, 1000162

GRAIN

choes

Prices of futures closed today

as followe

Oct.

Dec

Mar

May

July Oot.

One of the principal advant- ages being offered by West Ger. long-term Importers credit. Buyers say that in some

West German manufac- Spot turers are satisfied with a cash the payment for one third of total cost on delivery, another third atter six months, and the remaining third after one year, Another factor affecting this chango towards Germany is that faster delivery is offered on Moll goods, China many

Special.

World Rubber

Markets

Singapore, Sept. D.

The market opened stendy and advanced on good trade and Prices some factory buying cased towards the close. Future closings were:

80-12:00

Spot rubber unbaled 60-6012 Blanket orope

No. 1 pale crepe..... 701-80

NEW YORK

NEW ORLEANS

35.20ra

34.47

34.80-81

25.43

33,48

33.01

33.000

54.33 38.30-23

Prices of futures closed today

as follows

Spot

Oct.

3445

Dec.

Mar.

May

July

Dec.

Mar.

LIVERPOOL

30.14b

Closing pricos, American middling cotton, 16/18 inch,`in pence garib, were as follows:-

Oct/Nov.

32.41.

Dec./Jan. Mar/Apr.

May/June

July/Aug.

"Karnak good/hilly/good 47,40

42.10

*40.40

Onfelal values for spot cotions,

pence per lb, included: Egyptian

Giza 30

Ahmount

Ameriem middling

Mexican middling

10/10th inch 33.13 ith inch 30.33

1-ând inch 33.06 Argentine No. 2 ... 31.05 flom. Others werd unchanged

SAO PAULO

Prices of futures in cruzeiros

4.03

No. 1 rubber per ib.

Sept.

07/10-09 0/16

Oct.

6916-699%

Future closings were: Contract No 4 (world)

Nov.

unquoted

Oct. Jan.

3.150

3.20

Mar.

CHICAGO

PRICES

No. 2 rubber per lb..

Aept.

0916-0031'

No. 3 rubber per lb.

Sept.

May July

No. 4 rubber per it.

3.10

Sput-icent

Cuba?

pur

3.10

for the sale

Chicago, Sept. 8.

Sept.

0022-67

hand-loom

Prices per bushel in cents:

G07-4114

Contract No.

Closing

Nov.

5.62

Prices

Mar.

5,30

May

8.440

July

0.37

One of the two officers, Mr G. Punnalah

Wheat, No. 2, red his, function | Spet

2105

217

Sept.

4.01

Nov.

Dee,

22116-12

Futures closed today. 13 to 37 points lower with sales of 50

Mar.

22214

contracts.

per kilo as followe

exy-duty)

AJV

***United Press,

May July

2301-92

Futuro closings were:

Oct.

20315-20

October

24.24

Dec.

December

124.24

Mar.

1704

March

24.24

Mary

105

May

24,35

July

15015-72

Jelg

24.33

24.35

100

1011

ባ

conscription

Ministry officialo apparently political rights with men in all watching Mrs Goulandels' efforts thought that this requirement fields.

be the Orst to

Greck woman would enable them to reject Mrs A deputation

Spot-cents per ib. cif NY representing diplomat, for hors is regarded as Goulandris' application

Greek women's organisa- since the

a test case in women's battle for there is

fortions, led by Mrs Thanopoulou, | equal rights in Greece.-China women in Greece, and there- visited Mr Kleanthis Theofano- fore no certificate of exemption. But Mrs Goulandris is de- termined to fight her case the bitter end.

to

"I shall even go to the State Council," she declared, "if the Ministry TOTUSCH my applica- tion on such grounds. For I am certain that Greece's Supreme Administrative Court will not accept an

La excuse which

based upon the exemption of

Greck women from constrip-

tion,"

Mail Special.

A NEW DRAFT

CONSTITUTION

FOR RED

CHINA

London, Sept. 9.

The new draft constitution for Communist China was

Grock Goverment quarters, approved today by the Council of the Central People's although unwilling to make any Government, the country's highest executive body, Peking

statement before they have

studied the legal' aspects of Mra radio reported.

Goulandirle case have declared

that Greece will abide by the

obligations deriving from

International Convention

Women's Rights.

Sinoo 1920,

The Chairman, Mao

the tung, and the

of

Chou En-lai,

equality

discussion.

even

New York Stock Market

New York, Sept. 9.

A late spurt in ralis enlivened a slow stock market session today. Dow-Jones closing averages were as follows

30 Industrials

20 valla...

15 utilities

15 stocks

115.00 128.75 100.35 Comm. future price index 113.50

-United Pres

49 Honda yaka

London Foreign Exchange

London, Sept. P. 2.11-13/13-11-18/16) 1234-116 11.727-11.471 139.06-129.49 IRA146-10.4%

Spat

Bald would not only to promote the Sept. sale of hand-loom textiles in Malaya, but also id Thailand and Indonesip and he is

making Singapore his headquarters, Ho Corn, No. 2, yellow sold similar Indian officials have sept. ben appointed In Colombo, Dec. Rangoon and Baghdad and they tay will act as liaison officers be- July tween Indica experters and local Rye Importers.

Mor

Sapt.

Dec.

The drive to sell Indian hand- 100m material will initially

Onta

Sept.

bei Dec.

Nov.

Jan.

operated by the Madras State Soybeans, Ne, 2, yellow Hand-loom Weavers Co-operative | "Spot Society Limited on behalf of the Sept. Indian-Hand-lesm Board, Mr Punnalah raid sales emporiums Mar. will be catablished in Singapore, May July Bangkok, Rangoon, Chilagong Barley," Kartichi and Aden United Spot

Preus,

LONDON WOOL. TOPS MARKET

101

September

LONDON The market was steady with 17:11 No. 1 Rss spot quoted at 20 11/16

pence per lb. Prices:

2094-3032 No. 1 rubber ftas spot

Settlement house term:

14712-55

7012

October

Oct/Dec.

Jan Mar.

30512-2

270 28114-14

2755-278 July/Sept.

Apr-June

September

28214-3 203

October

November

Estate creps thin on

140-150

New York flour,

200 lb. sack

914.20 United Press. WINNIPEG GRAIN PRICES

Winnipeg, Sept; 0. Prices per bushel in Canadian

Closing Prices

cents:

London, Sept. 9. Wool 10ps futures market weakeried dzain today, and Oats closed barely' steady, Turnover was 60 -Ipts. A

were unchanged United

Closing prices were:

Dee.

Zen.

But the greatest power ap- Prime Minister, pears to be vested in the Stand-

wero

of Congre#6,

New York present ing Committee at the meetbig in Peking, the which will be in permanent Montreal

Blocked Mark when the radio odded. The draft now session with the duly among Hamburg-

Arst National others of macting 'decrees and. Brumela "Women's Rights" organisation goes before the

Copenhagen which is dual interpreting the law. was founded in Greece, Greek People's Congress

Zurich The Chairman of this body is, for

Others women have made much proto meet later this month

further

bo

Press towards full trans

on paper at least, to with men.

more powerful than the Chair The constitution

min of the Republic, whore stricted automony

Uha dulles are confined principally various National minorities in to promulgatuig decisions of the Ching but names the National Standing Commities and Con People's Congress ca the supreme gress without the power to voto Kegliative body. It will meet then.

New York, Sept. 9. onto a year.

But despite

the

-apparent Santos "S" coffee futures fos superior power of the Chairman | day closed stondy, " of the Congress Blanding Com-

In 1930, they won the right to vote in municipal elections at the age of 30 and on con- dition that they could read and write.

In 1949, they obtained equal rights with men in munteipal elations, and were allowed to vole at the pro of 21. even they were: Silberales

grante re-

10

CHAIRMAN

NEW YORK COFFEE FUTURES

Oct.

Dec.

MRY

Ryo

Oct.

Deo.

-May

Barley

Oct.

Doo.

May

Mi

Firmered

Oct

Presa

May

The Congress will elect the mittee, it is thought here that In the spot market, 18 moved New York Foreign

Chairman of the Requblic, now Mao may be content to be up one ceny to

Their most signinggit victory post: expected to be plied by Chalmers of the Republic while pourd Closing In the battle for civle rishia Moo | Tatung. Its executive wielding real power as Chair, futures were: caire In 1952 when they were body will be the State Counell, man of the Centrals

corrisponding on the protht of the Compounder Party who

„But women sili do not union Government Administrativo structure for position in Yuno, Giya of rights, or

oundll, with the Prime Mini offerti

bricos for

Exchange

General markets, cif basi

AMSTERDAM

· ឥឥឥឥន

2034

10.13

In the United States, the aver- age price of 15/16 middling cotion at 10 designated spot markets was 34.18 conts a pound. Sales at these centres totalled 47,644 bales.-United Press,"",

Swedes Express Satisfaction

Washington, Sept. 9. Swedish officinis here ex- pressed satisfaction today as President Elsenhower's action in The market was steady. Prices turning down a recommendation plored today in guilders Der of the United States Tarlt

kilogram, CIF, Oct, as follows: ..

No. 1 rubber

No. 2 rubber

No. 1 crepe

No. 3 rubber

201 buyers Commission to increase the duty

2.00 puyarn on *130 buyers

Blandated

Ther

KHAN 7.28_Buyers Embassy in A

**United" Prep,

glass that the

out

In a nota to the Com

October

esid the main

merce Depa

the domestic

NEW YORK SILK dustry camo fresh machine

FUTURES

Now York, Sept.: 9,..

made glass, and not from hand- blown glass imports

Conserniently they endd, Wisen-

Silk futures today closed 2 hower in dismissing the applies- cents higher with sales of four, tion stave, the contracte.

Closing pricey were:

100

October!

December

2071

March

August

-United Press,

Sweden,

the some reasona as. Bal They said exports of, Swed Lager 4.au | hand-blown glass, to the United 460 Sigles averaged over $1,000,000 NING (4513 Fyearly,United Prom.

Utilted Press. ·

Exchange Rates NEW YORK COCOA

PRICES

CHARTERED BANK DIVIDEND

transits hond”