1954-10-27 — Page 9

WASH

BATTLE FOR *- THE HOUSE

AVA [CURRENT REPUBLICAN

CURRINT DEMOCRATIC CURRINT INDIPENDENT

TEXAS

WASH

WALTE

To

BATTLE FOR SENATE AND GOVERNORS

SENATE SEATS

CURRENT REPUBLICAN CURRENT DEMOCRATIC GOVERNORSHIPS

CURRENT REPUBLICAN CURRENT DEMOCRATIC

HUP: OKLA

RE-ELECTED THREE GOP REPRESENTATIVES

HICH

INEL

UNSHADED STATES HAVE NO SENATE RACES TWO SEATS TO BE FILLED

ELECTED A GOP SENATOR

A DEM. GOVERNOR

FLA

THE CHINA MAIL, WEDNESDAY, OCTOBER 27, 1964.

MASS

#3

MASS.

AP News!eatures

GOP Drafts Ike For Heavy

Campaign Duty In Drive To

Keep Control Of Congress

By An A. P. Newsfeature Writer

Republicans have called up their biggest campaign gun- President Eisenhower- in an effort to blast what appears to be a Democratic trend in the making.

vacation in Denver, the Returning from a two-month President stopped off in Indianapolis to sound the call that will be keynoted again and again before Election Day, just a week from Tuesday. Elect a COP Congress to continue enactment of the administration programme.

Ray1 arm falators 1. tely tw

Heuz

and St. Te

"A vode for ne

t

ster

Ike," regas dire These anhvT- dual voting ends ark Skyepict

Ce each in South Dakota and

New Loud Hill has predicted his sayang. Hampshare and Nebraska and parts would gain 15 to 25 seats.

Charles A. Rep

Halleck (H-ind). House majority leader, was asked at a news conference be agreed with Hall's forecast. Mr Halleck replied only, wouldn't predict that."

of the President's programme

11

power LAKS

Kansas

The balance et atuds in the rumalaing 20 state,

which are closely contested.

The Denesatur laskisfrie the Alaska teratomal legedabove vlection ackled one meie slaw against

The Republicans Ataskan territin tal vote as brem Bppear to be rummag мrong-

a barometer of statewide yeting trens for 20 years.

If the Democrat, could won in 444 there

h

they would pick up three seats in the Senate-nough to ar- (ganise Il as the majority party.

Last month, Demberals wol the governorship of Mame and cut Republican strength 12 e divided

currently

The Senate

15 40 Republicans, 40

cent in what has been considered Democrats and the independent,

the backbone of GOP territory.

worked hard to

Democrats

capitalise on

Wibson's remarks

Defence Secretary

about jobless

workers and dogs, particularly

was a problem.

Wayne Morse

Sen.

ས་

TRADE and COMMERCE SECTION

FIRMS

Strike Will Soon Hit JAP SHIPPING Every Home In Britain

London, Oct. 26.

The full effect of Britain's disastrous spate of dock strikes has not yet been felt by the average Briton, but a continuation of the stoppages would hit almost every home in the country."

Britons would face possible unemployment and reduced earnings, or food shortages, power rationing and petrol drought if the strikes continued unchecked.

More than half the nation's

Oversean trade is already at a standstill, with the major ports of London, Liverpool and Southampton hamstrung by a mixture of "wild cat" and official strikes involving

thousands of workers and tying up hundreds of ships.

Extension

citizen

prolongation of the world, but it the bottled- The dock strike could hit thou-up exports which are hitting sunds of humes and strike hard hardest of the national economy at the purse and the stomach of and ultimately at the ordinary a lurge part of the population.

Brilain lives by trade. She cannot live without the continueded the steady flow of exports and im- ports and London and Liverpool now paralysed by strikes, handle two-thirds of the country's ports and hall her Imports.

Cur-makers, who have sufler- heaviest blows, have £7,000,000 worth of vehicles held up in the export pipeline. Many firms, worried by this ex-pile-up of exports, the missing uf vital delivery deadlines and congestion in factory warehouses, are planning to cut or suspend production.

£3 MILLION PER DAY

The dock alrike has already cost more than £30,000,000 m expo.t tarnings and

This figure is leaping by more than

£3,000,000 daily.

This would cause unemploy- ment in the industrial Midlands and North,

Some firms are already work- The strike-backed and spreading at reduced pressure-which by Communists although not led racuns lower pleco-work earnings by them-bas halled the unload- and fes

spending money for ing of valuable cargoes of food thousands of bread-winnGTS. and raw materials from all over

WOOL SHORTAGE

World Cotton

Markets

A shortage ci imported wool threatens hlavy produciton fossea and the laying-off of workers in Yorkshire's wool textile TAM dustries.

On the

food front, shortages of imported meat, butter, bacon and canned fruit and vegetables are slowly becoming apparent in London.

of fresh Crull

A good-sized domestic mil/continent are starting to run low. I

to

Carolina

New York, Oct, 20. Cotton futures today opened alightly higher and remained on on irregular upgrade thereafter.

demand, with a good part of it credited

and Memphis accounts, was supplied through scale-up hodge selling.

At the close the 1st ruled up 10 to 14 points. Opening prices were unchanged to up 4 points. New Orleans also closed up 10 10 14 points.

the firm was

Supplies vegetables and eggs from the

Thousands of tons of food- stuffs-including meat, flour, wheat, sugar, becon, butter and eggs me awanting handling in London and Liverpool.

Many cargoes are deteriorating The Ministry of Labour has said worth £250,000 13 tons of

food

Including 500

New Liquor Trade TO CO-OPERATE

Enterprises

Sydney, Oct., 28.

Tokyo, Oct. 26. Two leading Japanese shipping firms, Osaka: Shosen K. K. and the Yamashita Steamship Com- pany, have issued a joint statement that they will form a group for co-operation. "

Two now big projects in the Australian liquor trade were announced recently. A British company, Disilk- lers Co. Ltd., will build

£A500,000 bottling plant for Scotch Whisky at Victoria Park. Bydney. The Company distributes seven well-known brands, at present boltled in dif- ferent warehouses through- out Australia. Without the

now

заемь

Ltd

plant the

company would have been compelled to re-build. Its warehouse.

The German brewing (Aus- company, Dressler tralis)

Pty.

which brews beer In Great Bri- lain. India and Egypt has started beer-making at Mudgee, New South Wales. The Company states tha the beer and plisener will hare the distinctive taste of German beer. They will contain malt, hope

and white sugar, but no chemi- cain.

HONGKONG STOCK

Shipping circles regard this as

Arst of the

such

grouping advocated by the Government for the nationalisation of the shipping and shipbuilding indus- tries.

A spokesman for

Yamashita

said the two firms had pledged | themselves to respec! their mutual independence.

The two

Arros have co- their

operated previously on New Amerienn

York, Austrällan, South

services.

and

India-Pakistan

NEW YORK

STOCK

MARKET

New York, Oct. 26. Stocks moved erratically On the South American ser- today as Wall Street

at- tempted to size Shipping

up the will market in the light of the

vice, OSK has chartered three Youmestilta liners,

circles

slate

Yamashita offer OSK two or three trampers coming elections.

for this service,

necessary, but that OSK will not buy the Yamashita ships.

Thla hesitancy-which many experts feel will be the prevail- ing influence mill after Tuesday —was heightened by speculation over the news to come out

On the India-Pakistan route, OSK was conducting 12 sailings year and Yamashita, who is an associate member of 05K, six U.S. Steel's dividend meeting sabins a year. A Yamashita after the chese.

of

spekcinan denied rumours that Many in the Street anticipated the firm would abolish the liner an extra dividend. Directors, servic: and ruplace it by tram-tead, armounced lower carn- thy and ordered the usual 75- pur.

cent quarterly payment. CARGO BOOKING

Big steel fell more thum points West Coast markets York Service,following the news, In New

Ch the New

{T}

EXCHANGE OSK will conduct two sailings York, it closed at $59%, off

LOSSES PARED

2

month nack Yamashita one after being up point cariler sailing a month, as previously in the day. Bethlehen, whose (From Our Correspondent) Accenting to shipping circles, diretors meet on Thursday, hold

the Arms will

co-operate in point of an early wider gala. Business done an the long cargo bookings to avold un- kung Stock Exchange this morn necessary competition. ing anounted b 5619,455.00. Ол the Australian route Noon quotations and the Yamushite will continuo to

Steel Bround mid-session morning's transactions:

leaders in o general re- SHARES BUYERS SELLERS BALER operate Jointly with the Kawa-were

Company and very

yesterday's saki Steamship

sharp losses. These loses were parvd, the close and prices were balanced

BANKS

HK Bank Enst Ala INSURANCE

Unton Lombard Underwriters

DOCKS. ETC.

1843 1853

200

930 130

49 6.30

K. Whart Dock

21 21.90 Provident (0) 14.40 14.00 Wheelock

LAND, ETC. HK Hotel

A

20 1830 the Mitsul Shipping Company: | nowever, before

160 21.00

770 1100 7.89 700 2100 an 2000 vn 2, đi

11.30 1140 1500 m 11.10

4000 11.20

1100 11.30-

300

11,40

2300

11.30

HK Land

GO GIL 300

50

100

89%

133

59

Humphreys

2015 20.70 1000 201

1600 20.00

Realty XD UTILITIES

Tram

Its partners in

the Japanese Australia Line, while OSK will finai co-opersie in the service, the slightly en the downside.

added. China sources Mall Special.

same

World Rubber

Markets

Singapore, Oct, 20. The rubber market opened

Only special issues many of them helped

dividend Falvia

or

by

Invourable carnings news-

managed Baina of my size.

Industrial shares averaged two cents lower, raits

eight cents and utilities nine cents lower. Of 1.102

issus traded; 470 were lower, 428 higher.

Volume declined to 2,017,000 shares from yesterday's 2,340.- 000.

Higher earnings and a favour-

Trans World ran 2.162.135 5000 2125 higher on overseas advices buble outlook helped the airlines

up 11 1000 or 2.10 in the afternoon sagged on lock 8234. American 3 to $109%.

18.90 of support by trade, There was Some of the nils-particularly by Australia and high-priced issues were #kung, some oflinke

Rails eased as a rule. The New York Stock - Ex- change bond valuma was $2.- 000,000.

19 4000

134

Star Ferry Youmou Ferry 154 188 100 150. the market: closed slightly

10.00

C. Light.(0) 10.10 16.30 500 or 1030 C. Light (NY

1313,10 1000 13.10] steadier after some irregularity, i Fleetrin 3ZƏL 3312 800 33 Macao Elec

Telephone

One spot

The strike has now been snow- accredited seller of around 3,000 balling for over three weeks and bales in December, while another dockers have persuaded fellow firm rold several thousand Match workers in other ports not to INDUSTRIALS

Cement Dec.handle outright and switched

Ropo March contracts,

I strike cens diverted from thei

Futuro closings :

77 13/10-77 15/19 singauted

11

2828.00

... 345 3415

143 or 20,70 300 20,00 300 M Ca 300 341 800 345 11.20 300er 17.10

No. 1 rubber per tr

Nov.

774-78

Dec.

Jan.

Nov.

Darity

Watson

of

23 23.29

1000 25.10 11.00 18.10 1000 19 (N) 10.80

500 17 "Crawford 23

2006 223

No. 2 rubber per Ib. No.3 No. 4 Spot rubber unhaled 779-20

7314-74% Blanket crepo

BY-08 No. 1 pale crepe.

14-TRA

14

781%-70%

7526-737%

New speculative market sales Evidence of looming shortages STORES, ETC reflected the increased rate of was provided by the disclosure in the ten that air charter hems are operat- Volume hedging.

"akrlift" expensive routhern markets on Monday ing an The Democrats are gonfident reached 120,310 bules, against dairy products from the Nether COTTONS that when the ballots are counted 73,750 bales for the same day lunds to Brilhin.

working last year and 77,071 boles two years ago. Soles for the season reached 3,737,917 balds ngainst 2,440,000 bales last year,

Trading volume interests in the Exchange today

a

hold they will majority in the House,

There are 33 states electing governors on November 2. Maine already has glected a Democrat, Edmund S. Muskie,、

aro

were: Month

and

THAMES WATERMEN

Power rationing and petrol shortages are threatened in the London area by

Thames watermen, 4,500 river lighterem, agmen und barge. Open interest men.

Volume

NOW

Dec. Klar. May

00.500

550,700

10,300

754.500

41,100

205,700

July

800

338 700

2,000

100,000

14,000

03.700

100

12.500

The gubernatorial offices to be Wayne Murse of Oregon, filled on Nov. 2 in prens where unemployment the independent, has said he held by 22 Republicans and 11

Oct. in 14 states there | Der. would votaville Democrats

of the 84th Democrats. the organisation

will be no elections for governor Mar. this year and of these 14 posts, races, Re the Republicans hold six and the

Chairman Demperats eight.

National

A glance at the accompanying map shows the locations of con- Congress. tesis for 37 senstorlat seats, all

As for the House but there of the House stats and 33 gubernaterin! posts.

Maine publican already has elected a Democratic gevrenior and re-elected a Re. publican smelor and three GOV representatives.

The outlook

for Republicans

on retaining control of the House

and Scnate is dim on the basis

of statistics from previous off-

year elections,

Not Since 1934

Not since 1034 when Democrats ning seats has the picked up

controlling party gained in an

off-year election

Sirico 1922 the ruling party

has lost an average of 45 House

four Senate seats,

Bethlehem

Steel

To Study

A-Power For Ships

Washington, Oct. 26.

The Bethlehem Steel Co. has undertaken a soals in mid-term elections and study of the use of atomic power to drive com- mercial ships, the Atomic Energy Commission the House Republicans announced today, Pin the Senalo a margin of three, The study will augment a suitable for lávky toval vessels,

programme announced earlier suchis aircraft carriers.

In

I now have a margin of four seats;

·**"SHARP=""DEPARTURE

Total

open

177,800 2.640,700 bales NEW YORK Prices of futures closed today as follows:

Spot

Dec

Mor

35.1bn 34.50-00 34.96

35.21-22

May

23.23

July

34.34

Oct.

3.90

Det.

35.01

Mar.

NEW ORLEANS

Their strike

Nanyang 10.30 10.20 750 10.10 Texille Corp.

3000 or MISCELLANEOUS.

Yangtze Allled

..4.1716 42214 1002 44.2219

NEW YORK

Futures today closed 15 to 25 | polmis lower with sules of 82 contracts,

Scattered Jtquidations and hedge selling, pending possible Washington developments on

atened in New York Sugar ckpiling policies, kept traders

The key barge workers carry cor, petrol and all to riverside power stations and depots.

action has not yet hit electricity supplice, but it has caused a steady shrinkage of petrol stocks. Motoring

arganisations have to motorists not to build stocks" of petrol, bui up some garages have already been forced V begin unoMcial "rationing" schames.

The bargemen's strike has afeo stopped the disposal by bargo of some of London's garbage Prices of futures closed today China Mall Special.

as follows:

Spot

Dec.

May

300 NO

Chicago Grain Prices

14.05

34.00

35.00

July

35.23

Dec.

34.07

Mar

25.00

LIVERPOOL

Future closing prices, Ameri

can middling, 15/10 Inch, fri

pence per lh, were as follows:

Spot

Doo/Jan.

32.13

'Mar/Apr.

32.33

May/June

Ded. Mar. MAY

July/Aug/

Chicago, Oct. 26. Prices per bushel in cents:

Closing prices wheat, No. 2. red

Oncial values for spot, colton Corn, No. », yellow. include: American middling

Mexican midating.

́15/18th Inch^. $2.04

14th Inch, 2

192nd: 24,13

It' the trends of the previous this month to start work. 'ón

Others were unchanged years are borne out in November, development of the world's

..... ĐẠO TTD Republican control of the Con- first atomic-beworcă mirtace The now, stomie/ship activity

Futures closing prices,· grees will be lost, a prospect warship.

marks a sharp departure in-guy- which has the GOP admittedly.

ernment 7 poliny. Defence Sruzeiros per kilo were: Bethlehem's shipbuilding divi- "running scared.”

sion will bear all the couts of Secretary Charles Wilson lows:

had ruspended the warship pros

Of the 37. Senate seats at stake, the commercial ship programma 22 are held by Democrats and 15 except those incurred by the Ject last year for economie and by Republicans Maine has AEC in making Information and other ress already-elected Republlem consulation services? Margaret Chase Emith,

Fabled

Previously, the Government hire a

In avera ndat nucions" was

Market

on the anxious seat.

In the spot market,

a smail business included same three Now York, Oct. 20, sheets for October at 27 cents; World No.

futures four sheets for November at 27 4 sugar closed today 1 to 2 points lower cents and four for December at with sales of 91 contracts.

26% cents a pound, landed basis. Domestic No. @ sugar futures Future closings. closed unchanged to 2 points Dec. lower.with sales of $3 con- tracks.

жи

Scattered hedge selling de- pressxi world futures while buyers held aloof.

Mar.

May

July

Sept.

Doc,

LONDON

Nov. 1 spol Xxx 3415-25 Settigment home term:

Oct/pec.

221-2372

Doc.

Jan./Mar.

Apr./June

July/Sept

27.30

27.05

2633

20.9%

20.53

26 AS

'In world raws, Germany was the reported buyer a 90,000 The market was very stendy tons of Cubans from "free" No. 1 spot Res quoted at 244 stocks held by producers, and pence per lb. Prices not from the ext-aside stocks controlled by the Cuban Institute. Traders had thought no such large quantity of "free" world quota sugar was still available In Cuba.

addition, operators In portedly last week bought 45,000į tons of Cubans and Germany 50,000 tons on another deal in» volving a barber arrangement. Ther: two purchases were made from set-adhlo sugars.

Future closingai

Cosieact No. 4° (world)

Jan

MAY.

MAY

July

tract No. 8.

sipo)--(cents per 15, fob Cuba):

Exchange

re-

BAZAR - SZBER

231-2344 General markets, elf baris ports:

22,15/10-231 22.15/10-2315 2215/18-2352.

Dec. Jan. Estale crepe

thick

This

unatiated 243%

AMSTERDAM

to

The American Stock Ex- change volume wns 500,000

Shares'

DOW-JONES AVERAGES

Dow-Junes closing averages on Wall Street today were, as fol- lows:

HOT VI

30 industrini

20 is...

15 utilities

65 stacks

40 bonda

Cerm, filtre price index.

354.32

130,90

100.91

-United Press.

Australian

Olive Oil

Industry

Adelaide, Oct, 20, The State of South Australia bas planned an olive oil i dustry which will eventually produce 750,000 gallons of olive Joll and make Australla in

dependient of imports.

.at.

The plantation of Australian Olymple Olls, Ply Ltd Geegoela, Boar Naracoorte, has an area of 5,000 acres and will. be producing olives in divo years. About 55,000 of the trees will three years, and in produce in

years there

be

ten

1

mumclent for the whole

Australia's require producing

Australlo is now

now i

only one-tenth of the oll B needs, In South Australia, the trade has reported that hotel. The market was very steady, customers. woro ercating a Prices closed today in guliders demand for olives and many of per kilogram, CIF Nov., us fol- the Adelalde hotels were serving laws

No. rubber

buyers

rubber rubber

buyer buyer

243 buyer

krope

London Foreign

Exchange

them in the bars,

New York Foreign

Exchange

New York,

Democratic