1954-12-13 — Page 9

The P and 4 cargo vessel Tredian (7,000 tons) which sank in heavy seas in the SL George's Channel coring the recent gates which swept the Briçich Inlex. Survivors from the crew of about 10 were picked up by other ships, The ship laundered 44 miles off Cork after walor had flooded the engine room...---Reuterphals,

THE CHINA MAIL, MONDAY, DECEMBER 13, 1954.

"Tower of Babel" Being Demolished

Intel

SEU

Kali

10

brae fit of hegnanca - Two the shave Rive

1 juned

12 4

Isra is beginning to new immigrants into the hip #f demolish her "Tower of Babel"

Masses of new migrants.

pupils to jola the abd babel of lan-eve speak a guages, are to be taught a being unlise. basic Hebrew

antry. ไ

The y te much to teson 4 week for a period of Twelve weeks.

preparest in a bed of kamaturges Store the most difleniy part to hammer in the point that the

the

1s schem

to aduer

who

im-

now

in 21

nil mank of propaganda

The (having foreign-language Op 1% In the Country

ure large circulation

>

Of

12:5

Foam cita MAL

21

, יען :

-

I wait

in arw Innanent. 1. fearn the ibute of te

nation-wide operation to u embrace city dwellers and weeklies published hade thoug

Lampes

in Hungarian. Rumanian. and infabitants of rural German, Polish, Piano, ki i

-carty the Con ant Vid fish anas alike.

sudkan Ensements to thon" who shall Wa fu

on read the Hebrew pers 10 000 l

action, the e newspapers e resting ་ ་་ ་་་་ have started Metaca Longarage publich a "Hebrew C. lama 11

ja 150 000 abonit

14 '**

I w wi..

E Lo

Whi

tenth ..{ Istart's Fak. 1 000 wo

will be stage in the drive taan, of de

เบ "

Febr

tana. Bole has di tal

only the Arst

nak kat w + estanated at

For at druk half of the roun-

CAL

1100 population are new- comnes who have arrived within

1 last six years.

Pam repes of countries, they bought w this S F whole ting of different traditions, kets, ways of life and langus

speakl

...e comunank in. Run man Holgurinn, Hungarion, ! Turkeb, German, various Jest d

The

Up

ALER.

1. W

settled

414 easily pack

Re

baste livbrow to help pay the thy ko lng in their classes

Th

יני

ויני.

TRADE and COMMERCE SECTION

COMMONWEALTH TRADE

Gradually Losing Dollar Markets

But Imports Fall

From Ronald Boxall

London, Dec. 11.

The Commonwealth Economic Committee is a body whose pronouncements even when portentous, are sober in the extreme. Thus it was quietly that they announced the finding of their survey of Commonwealth trade in 1953-54 this week including the observation that Commonwealth countries are tending to lose dollar markets.

NEW YORK

STOCK

MARKET

REVIEW

By Elmer Walzer

Survey

Ira 1950, zavid The Comwwenith countries wanted for 40 per cent of all Ued States imports, but for 1953 the Agure had dropped to 138 er erit. And the sterling

Commonwealth's share

of th market Comandim

bad fall from 20 per cent in 1950 to 14, per cent for 1953.

!

monetary In lavipal

the Commonwealth pro- e-mmonities earned

ferms

Ps and G80 anhon dollary less in 1953 than she 1931

Aure

[ Three million. thousand Plx hundred

sudden the Committce points That the mangsa trend was before the full apparent even

takted States impact of th TUOUS NONE WR fb 1954--there te plon Bidations of at least NDIOC of 1120

Immediate falling off. of th cause..

New Zealand, Australia

*

and

Govt. Disposes

WEEKLY

Of Jute Stocks US TEXTILE

Ita

The

Lendan, Drg. 13,

British Government Juke Control Organisation has disposed of almost all trading stocks of w Jute following the decision jart February to return the Import of raw Jute to pit- Fats

trade, the Boarıl of Trade antivunced today.

The control organisation would no longer publish changes to

in its lasue prices of raw

Juts and producer prices for jule, yarn and cloths would no langer need to be control'ed by

An halween the agreement Industry and the Board of Trade, It was sisted,

The control organisation would continue to sell purchases of imported jute goods on the same terms and under similar price ar- rangements as hitherto, the Announcement said,

Reuter,

HONGKONG STOCK EXCHANGE

(From Our Correspondent

MARKETS

By William Plunkett

New York, Dec. 12. Worth Street votion goods sellers, for the first time in me nths, displayed a mild degre of optimieni this week.

رکنا

MORY

MILL Cxecutive. Tour! Improvet quiry Hent actual buying In 1F wisher munber of constructions. with prices bokitng Arm or betaling higher in some cases,

$u! The spokesmen were care- ful To specify Dat while the picture has changed noticeably for the better, there is "will à great deal of Poma for improve- ment" Some quarters wondered whether 12re

TH

was mostly for inventory plenishine ist, s marked a com- mevement of the long-awaite buy nut miesem ek_vat_14

mmmer deliveries,

Brondebols, wide, prust cloths, same sheeting numbers dmpery fabrics, lawns and

undistal tabeses met

wide

better demam frun a widel group of Consume1"",

BLOW DEVELOPMENT However, converters

SE VOTRE

high-le" garment trade

[South Africa for lustatier had heir dollar camming decline in 1953 by a bienes fall in the re- watl. The same: lures from

tf deel te jule affected India's dollar

Incon Although she

did nanoge le naintalo other dollar experts and indec the very bal tons of Usin 1. then on

Het a 10W vaguely

record for magonese sutes. Pakistan that Hut

Noon quotations on the Hang-wated deapponiment at the managed to i www.us

slow development * Dimes. more than keep up her end, but | kong Stock Exchange bih muri- be sold on the New York, Dec. 12.

Garment cutters and retailers. the fact that any only by dint of stepping up run- ng Wile Stock 4 encountered

in bursit uteNIARES BUYERS SELLERS SALES they saut, corinned

BANKS

demand. Th84 งา days of profit-taking in the glue in Commonwealth dollar siderably he shipments of jute.

the has largely export

coincided

the notes and Ceylan And

MKC Bank

That, it would only mean that wech.

they 'wah an appreciable tall in nolt Безу their dullur earnings Kist Asia

more cution would be tied up in sterling dwindle with the prices of cer INSURANCES

Fa neigh-munaged to close higher is imports

ala coinmodities, notably rub- hine the werk.

ber.

.

$

Loud esitets on the mpil

11 e

Barn a

with a Rigmatte

within its out

trach H tree c

E

TELAN

-

straplified news bulle in mmmbnts villages in the slowly read in

betalipour la foamy vanity a Iv the Mad Spectd.

DANIC

mily introduced

ייננן 1

REORGANISATION

OF W. GERMAN

STATES PROBLEM

Bonn, Dec. 12.

Reorganisation of the nine Federal states now comprise West Germany will be a which

Government here when major problem for the

of sovereignty comes into force.

I te wein abat vit. Res.

Hebrew

fored them mat of their j JW Corn by They learn JE ANA

2. from routert with

Most of the remedies so far proposed aim at

a centralised state at the expense of the Federal

the children of the more veteran system.

15.

"

RTOWN-UP

resistance

10

stengunguage

ír

alphabet, do not get

round

Once the sovereignty

agree-

ment is rabidled a clause in tre

tore.ng Constitutio

*

Dr Erel Mende

leading of the Free Democrats, second largest party rument to reorganise the states the Frial Government coal

by

8120

the Gov-

and 12.12.

By the bulk of adults, wihto 01: them

living (0 make and

comes with capacity for their duties"

tato force. The clause, suspend- new jed by the ecupying powers in

to 1949, says the reorganisation

which must take into

cultural and consideratoma,” ratusa

aring Bebrew,

Operation Heberw

tended to piers thi.

is an-stacial, Sistare. Panuc

accoun

novelty of the scheme De completed w.bon three

by way in which would-be | years, pupils will be able to learn the lankunge. No Гре will

יאל

charged, teachers rire to come to fhups But there are only 1,000 simple everyday words to

11.

know

vi lager who does Hebrew will become the encher

SUIT ZONES

party

to recreate Pask Mende. W/Long

Pr S

.deal traditions, valises a manmuth North Rhine West- UPPDA tif buka,

Saxay Lower Schleswig-Holstein und after

East and West Gerinuny

vinces in the East

The present states were

Another leading Free Deno- arbitrarily orosted by the

rrat, Herr August Martin Euter, Decupying powers in 1945 to Iwants to eliminate the Federal સ્વ! the borders of their

system altogether with Its 120 depart- ZOTICA.

ministerial separate 1961 by monts to save money. The pre- An uttry raised reported plan to amalgamate

state governments Bhuld ent Lower be dissolved and 1

of his less fortunate neighbours, Schleswig-Holstein,

un ren spend hole meninga.

The ruher who canno

children

her

he says

central

The sol I 4246 DE 237 J

avenge 1 Ju

Costa

12 fatime with f

Fine 193:

th

Ely

Fat

471 45 AM someding

two

led th

The 1. 14

To

to

countries, resulting in a fairly jacakhy containing of the over- all debelt Whih America and

annda

STEADY RECOVERY

"uny

M

th, Time, his late to point out in commenting on the

ttt Kurvey jane.ortion 14.y in the Cum- monwealth's dollar balance has coowed as it should be noted 51.QAY recovery

A RECORD

Significantly the United King-

Canada dom - along with achieved a record in United States dollar exports. The reason

for Uial

#v hot wldle rices of primary products bove bren falling over the past 18 months these of manufacture: goods have held up: thus there had been an appreciablo Im- There was that mildly co-provement in terms of trade of soling factor which probably in Britain end other manufacturing

countries.

period

ان

$1 h h made a new top ance 1930.

Trasir Tuver mured to 18 Bus 770om the crisis of 1951." sheres.

De werk The dally

דיון

g

།། ྃ། *

Frez

23 1977

V

3.701 154

the res

lifted the

Total

xlce༣ weld

for the

E

The

and

י זיד

OLW

ply the 4 for the whole wo * 1950

, ༈ ha fany year since 1933.

The w day dip was seen A

interrubion 171

л mere

evel

towa the 403-

The was no heavy selling at my time and i din dilestalted ca dellars, Indicating no larg

mount's of stock prenging Far Sales

Bariness news

coniinteri highly fayzomble, At the sam

of intustry time, the lenders mede favourable predictions for the future.

I higher long list of companies together

{}*

Present helps

m

Came in Couleurs c

the

у

cursed instances.

d.v.dends ກ

The railroad group moved up

and

IL _n iy.mc.rels o.dei be forgal.en.

Nevertheless the fact remains

...weal.a

And as hard as she exported to the dollar ex. J's

Counties Britain from he: mp.e are loung ground in the dulged marke s.

it is not sterling neighbours, for she re- A though

mained the Commonwealth's big- gest market taking more than all Western Europe and con- siderably more than the Unite States. The figure was actually about 50 per cent of Britain's total imports—a

NEW YORK

WEEKLY COTTON

REVIEW

New York, Dec. 12. Cotton futures

moved

મ

percentage

material increase.

11

1123 1933

200

$12

skuranest

cuded

repeated that vers I VAL DA baren avving al very

j, ak

1

Y.

SUN.

72c

Halvys

05

打住

000 3.50

29 100 1000 20 18

Underwriters 1210 SHIPPING

Ata Nav

DOCKS, ETC

K Whart Dock

Provident (0) 13 0 10 1000 15 90

Wh-eieck LAND. ETC 1 Hotel

A115

10000 16.

0.95

*000 £

od chp with the price holding Bum for January merchandise Producers of the bette q. combed

..15.20 15 2500 or 1500 | for

SINTIS

aily Harve przettenlly ner poundage to offer for delivery

tha

wonth, 300 a 18.00 have booked meat of the i

to rough vool traders

11000 16 40

3000

1500 duc lon

Basica

1500

15.70

3000

20.20

yor!!

February.

Burd the

basaress has been

gong thigh the war: Decem

100 as 15 30 Lux Jull. The

An the

2000 16.20

40 2031 203 swings

HK Land

40

2 18 2.173

2100

Humphreys

UTILITIES

Tram

in

Lact.

recent wide

wool

futures

100 12 58.66 markets blurred the picture for 100 e 23.20 juna, and kept buyers marking

Line.

quarter 500 or 21.80 thought the wide price gyratins 1300 21.08 r. ther when

4000 22

141

145

Blar Ve 19 Yaumeti Ferry 181 100 200 ... 130 C. Light 10, 1836 18 40 B 10

Light (2) 1490 35 0

trie

Tek phony INDUSTRIALS

Cin st TORES, ETC.

Dally

favoured synthetics have a ined captant

for a long Wans-United Press,

2593225 The Bank Of England

394 39 1400 * 38 20

32

40'.

L. Crawford 17 20

4000 49.75

Statement

The Bank

London, Dec. 12.

England Mate-

29 23 20 1000 * 23.30.

Kta

1

W*10.

Ja

18.49 (NI .. 17.00

1300

14

500 H 10

203 17.80

ment

Texule Corp

000

2000 FD

0.00

Nanyang

00 9.70 4000

0 65

1000

0.0

Note In cirestation... Purlle depus

1000

05

Govannend equities

Other secules

COTTONS

In Western Europe in 1853 The market for

for Commonwea th pro- ducts recovered to a new leve After a slight contraction the

This, however previous year, was not an allround increase to several individual Common- wealth countries acid ires in ch ́s | MISCELLANEOUS market than they bad done in 1952.

has

NOT. COMPLACENT

411

We

remnited, Brandenburg | le Pre Pum any section for two sharply higher this week in and the former German pro- reasons first, was depressed face of another giant-sized But disquictening es the Com-

the gentral

mitter's statement was it did not Ilat goes and increase in the Government Rnd Britain in any way com secondly. The exper a foresaw ú

placent.

For a few days earlier much better year for the carrier crop estimate. In 1955

Short covering in the nearby the Economic Secretary to the fe Robert R.

Me Young, who December delivery, plus signs of Treasurer, for Maudling' improving demand

had indicated sensed New York Central from

of 1:end. He

the The previous management in a textiles, and the expectation of woreness

tod the Cammons:

tuming to the Government the high toy ba the earlier in the year, continued

a whole, whose of * ke Kwingly

aren is a sterling area next supportiv Future prien

year,

of course, prospeels

trading experience, of and said the

of the rond generated most

price

on effect

our OWT would be placed en A $2ng power. dividend

result

list reserve position, The

see that At Friday's Was

close the rite in the stock to o new high

uled 10 to 88 points-80 cents those other countries are also since 1981 on heavy turnover, 10 $1.00 balehigher than the Buding that their imports are increase, whereas celebra el the 13th anniversary

During the week the market receding week.

The Government's final crop on the other hand exports of th Back there timate of the season, published rest of the sterling crea are not showing the same buoyancy as n 1041 the list wrs on chemie on Wednesday, was the Local

the exports of the United King one with sales small and price point of attention.

dem,

woe! particularly }wer. tending

The market The indicated yield of 13,500,-

cocoa which are broke on the war news and con- chead of the previous report,

000 boles came

303,000 bales Unued to decline with some termiten rallies unill April 20, and represented a 15 per cent 1943 when the Industrial aver increase in the estimate made 02.02. -United three months ago. cutie:

The scho i cacher of the new Saxony, Hamburg and Bremen Metal put in charge in each, immigrants children will in the and a controversy which follow-

IN The Federal Government evening teach the

in the ed a plan to abolish the Rhine- paren sume schoolroom where the lood Palolinate as a state give

known

Germany want ja foretaste of the difculties.

composed

10 of unly

states The Fourrai Government after East and West are re- Livo home year ago appeinted a 42-member untied. When the Government's

Jed

oficial by a pre-war committee,

bulletto published * Chancellor, Dr Hans Luther, to

to this effect, entative plan prepare reorganisation plans. however, loud protests flowed The Committee has now com- In Irem state capitals, particu- ploted its enquiries and hopeslarly Irm the Palatinate, which dissolution to report to the early next year.

young will have a teacher come to her

Adul

ki chet.

members of the family may ask a teacher to hold el at their home.

A

Government

Dualls of the campaigu have been worked out by the National Council for Hebrew set

Demands for boundary up 10

changes are being made nearly organise the sch me. Isinel's presilent, Mr Yitzhak Ben Zvi, all over the country. Most en

the

tall further development

towards contrailsation begun by the Incorporation two

a distinguished scholar, has in trend augurated

the

campaign and

of the Council.

four Cabinet Ministers are mem- years ago of Baden Wuerttem- bers of

berg-Hohenzollern In a single The Ministry of Education, southwestern state. sponsoring the campaign,

Tata

claimon's tre severel published

the Rhineland Palatinate,

haa

a simple text-book to anti-led **1,000 Words,"

here classes.

to be the wine-growing state tuck:d

Was

for marked under the plan.

DIFFICULTIES ARISE

Difficulties have artaco when West Ger- because many's constitution WAN drawn up in 1949, no one realised that the Allies would place a temporary' Polo

the state 037

rbor- ganisation clause.

Assuming sovereignty

Used

away near the Belgium-Luxem-turned early next year, Wilhin ล few weeks, even bourg border, and the Saar. bafore the actual studies began,

years will have passed

The state has no historical the clause was written,

the book became a best-seller tradition. and its third edition.

sold out.

is alroud?

of Pearl Harbour.

ure

ክን

Press

The Bank Of France

Statement

Paris, Dec. 12.

ภะ

FLURRY OF SELLING After a monetary Blurry of selling, the market Armed traders felt the previous market dceline had more than discount- ed the news. With the size of the crop now pretty

well

T: Bak of France state-os rbished, dealers thought the

is re- nine since

mont for the week ended Dec. 2, reada us followi

.

Frand 201,781,391,420

"pro- During this time, the visional” boundaries drawn up

Industrial North Rhine West- phalia

Roman covets the old

Only a fraction of the teachers lown of Trier and both Hesse in 1045 have hardened and state are professionbio. The others and Baden-Wuerttemberg think governments may they are now nre ordinary citizena wha com-that they should share In tho ready to take orders from Bonn. mand the language and aru' spolla,

Bavaria, of which the

boer The Bavarians, whose

equipped with the "I 000 Words". Palatinate used to be pari | drinking stole isfà refugo for

The

very first voluntours ashough share ta no cominon many forms of political eccen- trachers A were the wje of a border, 'is also anxious for

forcefully. bay that University Professor, a house share.

stale rights are a safeguard of demperacy.

wife who is mother of four children, and a hawker of pez-

nuts.

Several others followed. They are clerks, farmers, in- dustrial workers, profession:! men, people from all walks of life who decided “to do their bit" to help the interation of i

"POOR HOUSE”

the

Another call la for creation of a great nor hav wertern mis'e round Lower Baxony, Bremen' and 'Ham – burk, and including over. Schleswig- populated Holstein, ofien' exiled Ger- many's "poor house,”

A tricity,

Total gold holding an Total ther cutreneles

Sight balance abroad

In KPU

Advreich

Stabin Fund

Curr.

markot will be influenced more bereafice by the supply-demand pleture.

Rallying power in neve crop $2,833,013,343 deliveries was created by the

tending

very important

Yanvirze

Allied

410 603 44, G

4.43 1.30 AM....

3500 4 475

week cuted

Dec. B. BEIN Ps follow at

Ricrapta

Kalia

Ster tha

1 165,070,560

21.570,592

253.241,188 3-37,670,0

30,000.M2 24.640,123,

United Pre

LONDON STOCK EXCHANGE

BROKERS

ADVISE

CAUTION AFTER

RECENT

RISES

From Our Own Correspondent

London, Dec. 12.

The stock market closed dull after prices had prices and returns in world products in commanding good eased in most sections throughout the week. mar markets, Therefore, we have

tendency which wo

While the declines were partly due to small must sellers realising profits before Christmas, brokers watch very carefully because it were also advising caution atter the recent big

bears very portiouially reservos."

сл

our

Singapore

rises.

the Molasses 10 305, Tate and Lyle. Foreign bonds joined general downward trend. Ger- to 80s "od. mans dropped up to 10 points

disappointment

In breweries · Bass came back and Japanese cased up to three to 135s Ed on points on the uncertain political with the maintained" outlook in Japan following the ion. Guinness, however, went

distribu-

Stock Market change in Japanese Indership, against the trend, reaching 42n

Singapore, Dec. 13, 3,141,253,328 expectation for continued high 00

The following are the opening supports next prices of

stocks Singapore

BOSTY

OTL dividend

Od Golds failed to hold their before closing at 418 3d on the five per cent higher proming of strengthening after

dividend. the removal of uncertainties on

Distiilerics, after Mr. Strydom's

reaching elvetice to the

Od

hopes, premiership.

Despite good hair 265

lors closo at Dec. 11 Dec, 19 fed up to thros shillings. The burst of alwayth, Shella closed

0,700,000,000 per cent of parks of that pre-quoled by brokers here, as com yearly dividends which fulfiled followed tho general trend to

Total bill chiropulled-1,062,95,728,610 | year. Current accoutils and

deposite Bank note in circula-

tion

117,570,404,425

2.457,820 700,769 United Press.

the leaders

Closing Opening high grado developers, including | President Brand were unable to

tho Fron, Stato · Geduld

vious plans to boost the acreage pured with the closing quotations market expectations

bo discarded, may

& Saturday: Crop is thought that the increase in

experts

the prop estimate would fores all

Proposal to British Torneo Pell

leum. Byndicale=100_33/+1, 337- allotment from inctrasa

the Faber & Neate,

Barbie (9) 81.67 - $1,07 figure already set by

75% Cum. pret

$4.60 $0.00 EX- Enunggal, Bank

$1,000 |(Colonial Register) ||11,006| the Radios Hotel pain: $2,193

Exchange Rates Ind depegiment of agressiture.

During was done in the local

strarkot

Hero Hona Ehard, Bavanin's Conservative Premier, has com- monted:

unometal exchang "The Oght for foder-

ntoring and the following rules Podg aliam will be heightened when.

UB dolar (per 1 reunification. Is on the agenda. Sterling notes (per ell de 10.78

that Inden den rupiais Eser" 200) WAS characteristic Hitler hurried to jury the Bam cale pr 100)/

Singapore (8 Crafts) states,China Mail Special,

Indo-Czung plaires (per 100)

the

Cotton farmers will vote Dec.

on who bor to accept alidiment; if they

Bingapore Cold except, 90

まい

held brief rg1300,

**INDUSTRIALS.

at just under 20%, Olls eased after their recent

Canadian Eagle and at 110s 3d and

bearer at 40a dd,

Shipping thates, came back dighly on the P and O

en. nouncement that the

rogont London dock, strike would affect.

In Industrial investors eco-röûts.

dua

of

on molectoă, equities, Rubbers and ting 'dropped by wwww including issues considered leftpennies

to the lack for omni of parity peles supports seus indicated 17.00 will remain in effect. In 1950.

PÄÄA $90,250 $36.38 behind."">But among the bide|busindes); but toas slowed/small If rejec'ed, no priso

chips Imperial Chemicals, renet- | uxins, caso to the continuod high, support Hongkong akin to

fad to 40%, Dunlop to 280, United price of the caminadily. Bet will be granted.--United. Premt.

-Beuter.