THE CHINA MAIL, TUESDAY, DECEMBER 7, 1954,
Dominici Trial-Gustave Assaults Photographer
IL
Gustave Dominici in a fit of temper grabs his daughter's umbrells with wifeh he hit press photographer trying to take pictures of him. Behind is his wife. Yvette. His father
SN on trial for the murder of Sir Jack Drummond, his wife and their daughter.—Express Photo.
Strange Religions And
Private Armies
Saigon, Dec. 6.
are
Private armies with strange religions of their own playing an increasingly important part in the politics of Vietnam. The private armies were created in the lawlessness and confusion of
Ambitious the eight-year Indo-China Vietnamese carved little feudal empires for themselves in the rich maze of waterways in and around the Mekong Delta near Saigon.
Just as villagers
in medieval Phu So.
Intraal to p
NO the
Than}}
Exupe hooked
war.
combina secka w Co-operating with him 1020 which
Tacism, Buddhism, lenders, an Hinduisin, three other terven fer protection,
ancestor worship Nguyen. Nguyen Van Christianity. peasants Jiere pledged toyulty to Ngout tallos Nguyen Glae Ngo and humanist philosophy. new war fordis, pant them taxes Land Bagrino Thele four armies and Honest their private armies. corabinest BE about 18,000
In BRATTE
troops,
Frako-Chatin, k
Ba Kut
two of the three private urmiles | The dissident leader were but round strange new | communds a further 430 troops
gem--the Heo Hua and (no | Dai faiths. The third group, the Binh Xuyen has no special re-i Biton of its own having sprung trom a gang of bandits
This is the story of how these, Thine organisatturis won power
The Hao Hos sect is named after the village of Hao Hou on the banks
75 of the Mekong, miles west of Saigon. whree al remarkable
preacher
1910
kmed.
WALN
troen
נו!
Though They have pledged Toyalty to Vietnam's head of Stale, the Han Hoa lake orders from nobody. It is thought they would light tooth and nall Lo stay independent of Saigon. Banditry and
of plundering vehicles are still reported from their territory.
Kang
I was founded by a Buddhis called Le Van Trung who Jelaimed
from heaven through spiritualis- tie mediums,
to receive instructions.
Dai "saints"
Victor Hugo, French poet.
The
now
Inclutte the 18th century
swept religion through Southern Vietnam where pernie's minds were con-
the fused by
confilet Buddhism. Christianity and! ancestor worship. Audi today the sect claims 2,000,000 en- verts,
in the mostly
region around Tay Ninh, a town 50 miles northwest of Salgon
TRADE and COMMERCE SECTION
AMERICAN, ECONOMY NEW YORK
1954 Should Be Second
Best On Record
AUTOMOBILE AND STEEL
PRODUCTION RECOVER
By John Morka
New York, Dec. 6. There was no let-up in the buoyant pace of business activity in the United States last week.
SUONK
Indian Bank Surprise
London, Dec. U. After 12 months of dia. cussion, the City was sur- prised to see the Industrial
Credit al Investment Corporation
of
Indla
emerge lan werk more or its going concern. With a capital of £18,- 750,000, Mupport from Briain, the United and
India,
Staten
an anticipated loan of USSI0 milion from the World Rank and with a former Chlot Cashier of the Bank of England, Mr Percival Honte, for General Manager, the Corporation
endeavour "to find means for further stimula- Ilon
and development of private industria) enter- prise in India."---France- Presse
World Rubber
As 1954 moved into its final month, indications were that the year would go down in the record books as the second best in history. Against a backdrop of continued strength in stock prices, employment continued at high levels, retail sales are booming, manufacturers' unfilled orders are rising. Auto and steel production are showing a sizzling recovery.
Looking Into 1955, there were Investment bankers in record Fortune
murgazlar k make Indications of a
International carry- numbers turned up for the con- ;of the Improving over of the late-1954 optimism, vention of
Investmenttr.de mockr: 1 the
current from 31 number of sources. on Bankers Association In Florida issing Il predicted «tiffening com- The psychological front, there: 4 week
petition in overseas markets for enecuraging
They were nearly unanimous | American producers along with surveys Consumer
intentions, the spending
their optimism for the another rise in exports, This strengthened in part by a record "business culicok generally and was predicted on the growth of
Construe for the securities marketa. Incone after taxes.
foreign gold and dollar reserves "There were forecasts eight (up 10 billion from 1949) the out of ten-of still further ad-prosperity of Western Europe vunes in stock prices, although and treeni relaxatkas of trade
ידו*ד*
tion, now at record levels, while expected in taper alf next year, will play a major part in provid- Ing
for
|
strong base
structure. Industrial
production November appears to have shown
Elsewhere, the National Asso- u more-then-seruna! improve.
Melation of Purchasing Agents ment for the first time since
There were strong mised a ballef that oven- early 1953. possibilities that Decembety #quidation is ending, al- would strow still further gains.th ugh buying st continues to The
short-term fairly ** Kes nutional product-the
The meatlon was made of the posAL-
lity of some downward adjust- inents from time to time.
-
are at all gegnd stevies-quirements. Here In New York.
The National Association wil, reach 356 billion, only about
ગમ
restriction ubroud,
A
Britain, the Netherlands and West Germany have been leaders in this respect.
Meanwhile, U.S. exports in 1954 will rench 17.2 billion, na about 260 million. increase of
Markets
Trade
E
!
STOCK
MARKET
New York, Dec. 6.
Lending rail and indus- trial shares ran up a point to more than 3 points today in an active, broad market. -the brondest in history.
E-
A jobat of 4,270 Issues peared on the tape, with 727 of them mosdang hucher on the day and 21 of these at new tops.
Trading was at a fast pace, volume Jetailing 3,900,000
Were
Industrials as a group
תן
up 2.88 on average and a new all-time high.
Du Poni.
sharp gainer Friday after the Government lost is anti-trust
suit against the company and others, featured again with a rise of 2% points to $109.
Other tender in the group making up the average included Allied Chemileul, up 1 points: International Nickel, up 15/8. United Alversft 1 point.
were among the strong
spola, with gains outside the average Remij ranging well over 2 2 points.
Douglas
WILD
it
featured aircrafts rise of 3% points to Steels were firm. Gates
$101:
in the rails ranged to 316 polats in Southern Raliway
$74.
Singapore. De The market
sopener atite
Missouri Parile preferred, lest steadier and thereafter Ductuated
ruwly
and factory 13% to 561 as a bondholder and slow much support but | Jockholder group filed six objec- sellers were
ilms to the trustees "ngroed yed. Future closings:
system plan of recognisanet.
Norber
No 2 rubber pes th Na 1
Spot rubber wibaled Banket erepe No
ま
same what pen
14-61 untuoted
Stock Ex- volumi
WOS
The American Stock Exchange volume was 1,070,000 shares.
DOW-JONES AVERAGES
Dow-Jones
Dee 02.12
The New
York
Ja
Feb
change bord
Dec
1-51'z
$6,000,000.
703-19
70-70
#1-42
73-70
ជា -[f k 9
closing
averages
on Wall Street today follows:
were no
30 dustrials 21 rulla
302,48
133.58
0153
344.35
131.29
110.23
-United Press,
NEW YORK Futures
closed Today changed to 19 points lower with Fortuno predicted.
saten of 40 contracts. This rise-In the Ince of 2 Prices Armed after a shaky 750-million-decline in foreign | start, moving up with the stock 2 per cent below the record Manufacturers in convention last economic ald and a drop of over market after the London market
week looked for better things 500 million in U.S 365 billion in 1953, according to
imports closed. the Federal Reserve Board.
next year. Business volume is
The spot market ruled dull bit better than carly this offers "convincing evidence that Year, they eport, but there is the world no longer necessarity with factory interest reported at
catches
when the sub-routine level. Spot No. 1 pneumonia some complaint that keen cam-
United States sneezes."-United | Res were quoted at 27% centa u petition has prevented any price Pro
pound, nominal. Future closings: boosts to ensure a wider proût nugin. On the official lovel Secretary
Commerce of Sinclair Weeks said that he was more optimistic on a six-month business gain next year than at any other time in two years, He predicted
peak ព
Christmas season for retallers this year.
SOME ADJUSTMENT Support for the improvement in the business picture came from three fronts last week.
World Cotton
Markets
New York, Dez. 6. tutures trading today
pace as
J
a
show
the
ON
1955 MODELS
of
Much
the bost in Industrial
Can
Mr
unseasonable production be attributed to the auto
HONGKONG
STOCK EXCHANGE
(From Our Correspondent
Bent
LONDON
27,00
27.05
27.80
27.70
27.04
15 utilities
stocka
03
40 bonds
Comm Culture price index
Chicago Grain Prices
Chiengo, Der.
Dec
Маг
May
July
De
The market was barely steady with spots quoted a1 24%
Prices per bushel in cents;
Closing
prices
pence per lb. Prices:
Wheat No. 2, red
No. 1 spot flu
24-24
Spot
2237
220
225 L
Settlement house term:
January
February
24-2414
24-24 May
Mar
22412
March
236-241
July
Jen/Mar.
Best
Apr/June
24-244
231-241 Carn, No. 7, yellow
July/Sept,
239-2416.
Spot
157
Ort/Dee.
24-244
15416-153
Mar.
| General tharkets, cit basle, porta: December
January February
231-24
MAY
101
July
10222
Дер
1074
Hyr
2013
Dee.
120-3
to
Publication,
Dow operating at a 35 per cent stARES BUYERS AK1GERS SALES higher than the low in this summer.
Estate thin December
United Press. NEW YORK SILK FUTURES
New York. Dec, 0. Silk futures today closed un-
20
Mor.
1244
Data
Doc.
1
Mat.
Soybeans, No. 2, yellow
Spot
204
BANKS
HK Bank
changed to two cents lower with Jan
227-227
The
are
East Asia INSURANCES
Union
Lombard
1870 .. 202
41 1970
no sales reported.
Mar
279-27034
May
230-2804
Closing prices were:
July
27745-74
March
4.44b Sept.
2672-250
потей 1830
2005
May
4.48 Barley.
20 DOTES
4.34b Spot
130-152m
**
34050
4,286 200
$14.00
-United Press.
4
Take the Hoo Hoa, The Etch Xuyen spralsh fru
the Cobbet | ' of bandits operating Dai lentlers know how to up- traders
marked
time pending whange
Tambayant from Binh Xuyen village in the
pen to the Vietnamese love of
the Government's faol crop Industry now turning out 1985 personality won ben
a reputa
of waterways south [I colour. picturesque ”*I°IPTH, ཐཱ
estunate
models at highest levels since tion a magsen, developed a
Satgun.
and strange uniforms.
Wednesday.
1050. Scheduled output in
Business done on the Hong- simplefest formi of Budziha
December is well above 600,000
Stock 000 kong
Excimage this All he demands was four "N
48. All this has helped the morning amounted to $780,124.00. Estote thick December to ancestors, to Buddha, Spects
to smuli orders teel Industry, which according Noon quotations and the mom- art to mankind.
Iron Age, The National Ing's transactions: This appealed greatly to simple
Metalworking pensants here and when he lægan preaching his new religion
Numbering only a few score ut men in 1945, They rapidly won recruits by professing anti- French nationallsın.
Since 1946. the Binh Xuyen
ما
1038, it spreast like wildfire, have been Within five years, he had 50,000 | leadership followers in the rice-growing altas Bảy Vit", burn tren steund his birth place.
fair
Their temples are built in a gaudy style resembling the de- curation of a Western fun | with multi-coloured snukes atari dragons colling around walls and pillars. They are kept in maculately clean by the white robed worshippers pride in spending
take who up to two u hours kneeling on the marble
Bloors during
lengthy service.
under the ferocious of
Vin Vien
1:DOUTER Chelan
in
by the Japaneso ablo
Salgon's suburbs 1904. As cap- with his fists Hz with a
who thought him a useful tool | gun, Le Vun Vien was sent to
the French. Phu So gool by the French but whA TI-
Encouraged
against
to built up an army,
and wonderful uniform
with the them
that Viet symbols
lensed by the Japanese.
In
beyenn ttressing men and women
weird
and arraying
Hamese love.
Nags ant
the
his Under
command. Binh Xuyen at first had a loose alliance with the Vietminh. But in Juno 1040, Le Van Vien rallied to the French and was given a "zone of influence" be tween Saigon and the aca.
He has since woged a cour- and largely victorious ageous When the French began to
war against Communists in his reconquer
after Indo-China Japan's surrender, the Hao Hoa ranged themselves with
the
Zone.
Le Van Vien in reported
Vietnamese Govern-
Communist-led Vietminh repay the
sistance. But when army tried to enter vincial capital
Phu So's ment 400,000 plastres (£4,000) the pro- A day in taxes. Without Cantho on Sup contribution--or something to tember 8, 1945, the Vietminh
Vietnames replace It - the Farison mowed them down.
Government could not pay its
some
he
Prices ser-sawed narrowly cat either side of the previous close,
sponding
either way.
The
At the el se
Ist ruled off 2 up 3 points. Opening prices were unchanged to off 3 New Orleans closed un- tria chenged to iT 1
5.
orders is pace of new given over outstripping were Operations
and production, evening-up
among despite careful screening by steet professionals, while the outside
delivery Inilla,
promises commission house trade watched being extended on nearly ali the rise in securities while most
products. other commodity murkets hit a down-grade.
Trading volume and opening Interests in the exchange today were:
Month
Mar
May July vel. and Mar
The present head of the Cao Is Pham Con Dat movement Tuc. A former Catholic, managed to get all the sects Der deliberately divided powers Into his own hands when the founder died in 1934. The kept his old
chief legislator job
"Pope" As May become temporary well.
Like the other two groups.
but
The
Total
Volume Open interest
4,500 $1,000 49,000 1,002,200
31,000 1,040,000
14,000
300,400
2,300 22,900 1,200
33,000
2.100 75,400
103,928 2.823 000 males
NEW YORK
34.800
34.11
36.68 34.00
The size of automotive orders for steel already Indicates ex- good business-at ceptionally
the first quarter, least through Iron Aga shya,
DOCKS, ETC. K. Whart Dook Provident 10id) Wheelock
LAND. ETC.
IK Tintel JK Land Humphrey Really
High carbon wire used in up- holstery is at least as tight as cold-rolled sheets. And ap- pliance makers are placing more orders, indicating according to Iron Age, "excellent" output zi
time when this industry | UTILITIES generally is busy.
D
The guaranteed annual wage= 34.42-43 a goal of unions in several ley Industries--came under strong criticism last week. Mr Charles ER. Sligh, Jr, Chairman of tho 34.40b ["National Association of Manu- 34.406
facturers, skid guaranteed would hamstring annual wage America's expanding economy.
the Cao Dal fought with the Prices of futures closed today
As follows: Vietminh against the French, to
changed sides in 1847 when Spot
December Vietminh were primarily Com- they became convinced the
March May July munists, not nationalists,
October now Cao Dal Army,
December about 15,000 strong, has cleared March
out of a wide most Vietminh holt a million civil servants.
belt of territory Banicing the Early this year, the Primo Saigon-Phnom Penh road. They against the Vietminh, They Minister, Frince Buu Loc, tried accept the nominal authority of welcomed French troops Into to suppress the Binh Xuyen Bao Dal, but brook no inter- Contho then flung captured enterprises in a national clean-ference in their feudal rule
of tax gathering hund up drive. He falled because Bao methods and foot into the Mekong "to Dal, the head of state, gave the China Mall Special.
Immediately
Пол supporters turned
Hno
Vietminh troops
bound
feed the shrimps."
Phu So fell into
Binh Huyen contro
of South
Among
+
23.70
othe:
shortcomings, 3,09 3446-47 the set wago "freezes the cost of
May
NEW ORIEANS Prices of futures closed
today
2
as follows:
Spet December March May July
October December March
Viotriam'a security forces in New York Sugar
Vietmink hands and is believed to have cluding Saigon police)
of
been put to death. In April, Prince Buu Loc
beginning
1947, General Tran Van Soal, ralijod signed.
his designated successor,
to the French with two thousand troops.
But without their preacher loader, the Hao Hon split into
rival five groups with
holding separate parcels
territory,
at the the campaign, therefore ro
.▾
Market
New York. Dec. 5. World No. 4 sugar futures closed today unchanged with sales of one contract,
Domestic No. 6 sugar futures closed one "point 'lower to one Binh point higher with agits of 10 con
chieds KVĚLO green - bereted
about troutz. of Xuyen army numberint
4,000 non plus na many reserves guards government offices Since 1940, they have-operated strong points In Saigon. 1 more or less with the Fronch
May
34.72
34.65
84.34
34.30 SLAD
LIVERPOOL · Closings, American middling, 18/18 Inch, in pence per lb. were as follows:
Dee/Jan
Mar/Apr.
May/June
July/Au
2101
32,00
31.20
cottont
American middling 18/10th: Inchi 3240
Bio PAULO,
Tram Star Ferry
10 009 Co
...AB.00
15.00 15.80
500 a 15.70
0.00
7
400
7
200 M 6.03
2500
7.
4000 6.93
2400 G
3000+
143% 14.00 3000 kr 14.00 .. 0514 00
24.90
1.15 2.17 5000 2.15 ***8000 + 2.1799
-20.10 140 Ymell Ferry 160 C. Light (0)
XD 10,90
C. Light (N)
XD Electric
Macao
2700 @ 20.10
100 300 ú 157
17 3000 10.20
2300 A 10.00 500 e 17,
13.70 13.00 000 13,00 ..... 3732 38 3004 F714 inee. 11.00
Telephone
DNDUSTRIALS
Cement
Tope
1500 574 3 014 500 a 314
+0
2000 @ 381⁄4
labour at In loval which could | STORES, ETC. prove dietatrous during a period Dairy X HAM. 24.09 24.90 of a business decline,” and would tend to maite borrowing and financing more difficult, ho Bald.
London Foreign Exchange
Oct/Nov.
Cinelei – viduse for spot
includel
American 12, middling Tuth incl
New York Mexican, micther 1-1/824 inch Jais Mint
Others werk umbærged,
rem
3.10
Futures cloeing prices. In Cruzeiros per: kilo were 11 follows: 3.17 December 3.19
March JNA, Mary
July:
were
53125
Interest in boih, markets, re- and trained at a low ebb as traders awaited development in the row market. Future closings: Contract No. 4 (wość)
Mer.
MAY
Lo Van Vion is considered and the National Government of Vietnam. They are left to rule political ally of the Vietnamese their districts and get what Army's Chief of Staff, General they can for themselves. In ro- Nguyen Van Hinb, and the turn they have driven almost former Prime Minister, General All Viotminh from their terrie Nguyen Van Xuyan, both of Contine No. 4
whom wish to reo thờ Catholic Government of the present
Lory.
The nominal hood of the Hao Prime Minister replaced.
Hon is General Tran Van Soaf.
A stoker on the ferry boat of Cao:5 Daly, mgoning. WHigh -Cantho, until his corsparsion by Church,?? to a religión fairyed in
London, Dec. 0.
3.785-15/10=3.TO. 2/79-3/10=3,70-8/1p 10.00–0.0034
| 148415-24.5451 Lanchang@ck=United
Exchange Rates
@pbe+(conti per 1b, fob Clba) 3203) | Gelaber Vase
(In the United Blatest, the kutum BADA
average price of 15/10 middlin 5.00 Corton pt. 10
March
5.20
0.63
Balas; nt: nine of
4otalled. 40,5114
Prem
Watson
J (N)
3715.00
10 1000
10.40
7
L. Crawford 20.00 27.20
COTTONS
Texilles..... 0.95 Manang ** MISCELLANEOUS
Yanatate Allied
1.20 45:36
Algu
October December
b-bid a-anket.-United Press.
Wool
4320 | New York Buur
Васк
Glove Makers
Want Item
On
American
Geneva List
New York, Dec. 6. importers today urged the inclusion of wool gloves and mittens on the proposed list of items to be considered for tariff concessions at the forthcoming. Geneva trade con- ference.
In a brief filed with the committee for 10 reciprocity information, the American Wool Gloves 15.00 Association sharply criticised the committee for its failure to include embroidered wool gloves and 301746mitteris on the list.
400
DOG of 173
gloves
Emphasising
thet the wealoxolusion of embroidered gloves and glove Industry was an im-and mitions 1000 9.70
portant part of the Japanesa The brief alleged that "com< the brick said that plote would add very like to economy
exelution .of Japancia 1000 @ 0
listing of the items at this time B000 404 would not injure U., manu-profit of U.S. manufacturers 2029 4:33
facturers and failure to do Importers were bringing in now would prejudice the underlyghtweight gloves with which lug policies of the forthcoming they had
markets,
New York Foreign negotiations.
Exchange
„New York," Die, 8.
30016-2001
The
As
up, new
14
brber asked for immediato Exports of gloves and mitions and
upplemental accounts for about five per cent gloves and mittens subject to ro-
lating
of Japanese exports to the vlow and ultimate
Aququired by U.S.
United States. The tariff on those items is now at the full
It charged that the omnimion alatutory rate of 00 per cent of the items in question from the brief said.
listing was a deliberate attempt It emphasised thing the "escrpe to prejudice the decision of the claus hearing Instituted by the twill; commission which is pow [American' Knit Handwear studying textimoriyahin kalit Association was still undoter undetermined, decapotaciauno minad" and "doba- riờu justify probe UnHod" Prest
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