THE CHINA MAIL
THURSDAY, DECEMBER 29, 1954.
Page
Xmas Over The World
Today North and South America and Australasia
Christmas 1964-marks the most ambitious at- tempt at performing "Operation Santa Claus" in the Canadian Arctic which has ever been undertaken by the
Royal Canadian
Force.
North Stor
Aircraft
Air
from
Dorval, Quebec, are dropping on
11,000 pounds
parachuten,
Christmas
moll
in the
of far
They
North, including leters, parecte fruit and general cargo,
are destined for 18 different
Northern detachments, lonely
Arruc
weather stations
other outpost.
and
is Air Trimsport Command particularly proud of its "Green Christmas" package to be in- with cuch consignment <luded
10 Northern out- parachuted preis This consists of a tightly bound Christmas tree of spruce, complete
non-breakuble with Christmas decorations,
ANCIENT SHECHEM, where Christ conversed with the Woman of Samaria st Jacob's Well, is Jacob Ilved here for years, and here it was that Joshua covenanted now known as Nablous with the Israelite elders for their service to the Lord. Most of its 28,000 people are Mox DEAN, Theer and its environs are nated for their and there is marked antipathy to Europeans. rare beauty. Nablous in on several important trade routes, and is important in soap.
Th: staff
Air Transporthomes throughout of
Drth Command got together
States this Christmas.
the United their
louch of the isolated weather
vick 1has Yuletide Hume for
the forth.
and cotton trade.
wool
аге
has The glant reindeer which manufacture here
business. prance mechanically above the proved a rewarding
In addition crowded streets seem a bit out of The result is that to plastic and mechanical toys, place. So does Father Christmas, shops are now full of Argentine in heavy robes and fur-trimmed
when washing cap, refrigerators,
temperatures made
around the 100 Fahrenheit. and record- moctrines, mixers
But city shoppers, Joeling players.
along the pavements below, do Those who arc 10 regular not think them odd, for the will And little | Australian enjoys a Christmas employment
the extra which began with the traditions difficulty in meeting A year ago, a fear was gnaw | Expenses, because every worker of Europe, adapted to a summer
bere gets a bus equal to one holiday.
Christmas month's wages in week.
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For the first time for many me. Mounties and other Gov-years, there is a hope here that ernment personnel stationed in real peace may be "Just round
the corner."
Added
this surging. spiritual inspiration is a material disposition to "count the bless- ing"
another of
prosperous years. Ingat many householder's United States mind that the might be on the threshold of an economie depresion.
Operation Santa Claus is sput Into two sections. The Eastern from Arette Aight la serviced Frobisher Bay, on Ballin Island. The Central flight takes off on Com- from Resolute Bay, walls Island
to air crews enable To venetrate the total darkness of the Arctic winter, Santa Claus flights have been axed to coln- cide with the full moon.
to the tied Lights bunties dropped from the air- that those craft
for ground
DS
So
they
Bre
110
R
As Christmas in this part of the world coincides with mid- mid-summer, many failles travel
But now with usiness swing- ing upwards since the year, the shops are having their "biggest and best Christmas the ever are
whom they intended can follow the baskets
leave the aircraft. Anxious eyes follow the des-
parachutes
not aimed aro
cont
if they
of
the
phpoint accuracy.
fall into heavy snowdrifts
be lost for over.
since, with may
and
After the Santa Claus pints solved the tricky problem have
of
10
of locating tiny, Incinted sotile- ments in the huge expanse Aretle waste, they descend 500 feet before releasing their bundles.
in
All the big cities report re- cord business and it is evident hat the whole country is on a buying spree.
It seems that what the people are not spending on gifts and abundent food, they are spent Ing en travel. Railway, shipping
oil report and airlines bookings
Brazil
record
NEWEPRPCTS
да
the
to the sea ur to the mountains. in Mar del Plata, in addition to the sea, they havo open air Casino and night clube where millions of pesos change heads every day at the roulette tables.
i
Stores expect a record turn- over of imported and local a gooda packing their shelves and
show rooms.
Two likely shortages, beer and turkeys, even at inflated prices, will worry some, but not all Australians.
Christmas and In Australia,
annual holidays. Many Arms the New Year is the Une for
close
employees and 50 that employers can take their annual vacations at that time.
For everyone the spiritual joy with of Christmas is coupled worldly hope. The biggest draw of the State Lottery takes place three days before Christmas and the amount of money prizes to be shared by lucky once will reach 40,000,000
(well Posos £900,000 at official rates). Argentinians abstain from, bet-holiday programme.
But for those who stay in the
cities, there will be a full pro- gramme of sport,
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will Thousands
flock beaches, to the hills, or to spend
the
almost over Fow
horse racing, tennis and other
the on
of doors sporto
their day watching cricket,
out
བསྟཏོ ཏག།
their ting and everyone dreams that Rio started Stores Christmas decorations almost at he will be one of the lucky few will the last minute in spite of the who become rich overnight many fact that some
the city well as
government chah prizes of many offered substantial
best show to those with denomina- Christian
windows.
Further south, in more tem-
Canadians perate areas, celebrate Christmas different languages in the ligious services
different
tions
Towards Christmas,
Ently
го
stretta
of the and towns are
in shopping 2res
cltles Southern
decorated, stores each provide Santa Clau9, trees are erected. In places.
haage
the
Inflation and stringent Im- port controls have changed the in Brazil pleture of Christmas department almost beyond recognition
thie
year. Christmas
their own prominent There is constant war-
fare between those who would
and
commercialise Christmas those who insist that it is e religious festival in which the have should Christ
Child
Tad
ver Santa Claus
priority over his reindeer.
In the countryside of French Conado, there arc certain more differences which persist strongly than in the cities which have
English under come
112- and American Canadian fluence.
Brazil's fest laxity. Dona followed Filbo Cafe Jandyra the example set by the wife of President Getulio the
late Vargas.
Chile
Christmas In Chilo is usually marked by summer hent wave which imparts to its celebra- at- tions
different very from the Christmas mosphere
lands, of norther
with Christmas tree loaded with decorations glittering in Brelight.
the
Because of the heat, Christ- out man is usually celebrated of doors here, in much the sunke way as any summer Sunday.
But the days preceding the Christmas and New Year boll- days are illed with the
New Zealand
10
Christmas 1954 promises be quiet in New Zealand.
While the rest of the world the has been caught up in jurmoil of industrial strife and the emotionalisin high pres- sure politics, the New Zealander has been sitting back watching
and waiting.
Or perhaps it is that there is anti-climax compared with last year, New Zealanders spent last Christmas cheering with unpres enthusiasm Queen cedented Elizabeth and the Duke of Edin burgh as they travelled round their country; and
rallway.
victims of the Tourning the A full month before Decem- ber 23, sho and her helpers
disaster on Christmas Eve.. bogan to distribute gift cards to
Shopkeepers say that the sea- poor children and their families,
prepara-sonal commercial boom began mostly those living in
and more oro earlier this year In Santiago, streets
was spent shantytowns which, bang so pre crowded with pedestrians hunt- money than usual
November. But the cariously on Rio's hillsides.
ing for gifts which are good, during the pretty and cheap"-a well nigh great last-minute rush of shop Against
cards, these needy receive presents and food impossible task in the present pers; they say, will not reach proportions of previous which has sent the the before inflation In the week
years There. Christmas is a matter parcels
of anything which
in this To most (ber Christmas. Long lines of them price
people on ot good quality of sleigh rides in cutters
and wait pretty dawn
country, Christmas ls synony- lines) to Midnight Mase, follow-gather before
of the soaring. The patiently for the gates
MOUS with picnicking, tramp- 50 ed by family gatherings.
ing and holiday making nt" the however, find their Presidential Palace to open children
they
collect can
beach, presents placed at the foot of that
· ́ going for the Christmas tree
"Pere Christmas parcels. by Nool" on New Year's morning, not on Christmas day.
their
is
No
For the whole of the period, all the streets in the business areas of the city are profusely of the Magi, the illuminated with rows of multi- The Day Epiphany or Twelfth Night, coloured electric lights.
is allowed in the centre trafle which two generations ago was
and the streets the day of the main Brazilian after sunset,
become tunnels of light In in colobration
Nativity is of the fast giving way to the Ameri- which pedestrians move about tero excitedly, coming and going be- Claus hero Santa conised
the toy-sallers booths Place balled "Papai Noel after the tween
in in their search for gifts. towns
Usually,
too, a number of
Throughout the country erally, Cardions hold a family feast either at mid-day or the evening, after attending religious service in the morning.
the
dies, Primer French Fere
wreaths and other
Nocl.
decorations in their front win-tradition-bound interlow dit
dows,
д
free
North,
round
called "Mlast, de. Gailo"
The Christmas Midnight Mass,
felt cap, walk through the streets, selling, toys and per- spring profusely in the gummer beat.
and leave the blinds up January 6 still the Brazilian men dressed up as Santa Claus, so that the note of cheer may Christmas. In the cities, it is in the traditional red robe, long reach the outside world. Often simply religious Holy Day white board and fur-trimmed
windows" those with "pleture
duly observed by attendance at will arrange Christmas
Moss. display visible from the street. Canada's tar Christmas clebrated the radio, with message relay "Cock's Mass" is rather like an Fow children in Chile today ed from home by the Canadian Faser Sunday service in New believe for long in the Santa comes, travelling and York More thought is given to Claus who Broadcasting Corporation Her Majesty's
voice the millinery and other finery over the rooftops in a reindeer brought into even the loneliest worn by those who attend to drown sled loaded with toys, matposts.
the solemnity of the occasion.
Old friends and their families meet at Church and Mass is followed by a supper, or "celp" with cold turkey, boiled chott
with me and sweet wines, hospitality of its mount generous.
own
“United States
Christmas once again Andes the United States cheerful and -prosperous, abounding in the good things of life, and 1hber hearted than in the inat few years because there is no hooting, war" in the world.
True, tinny menfolk are, in "Uncle Sam's uniforms" IK many parts of the world. Bui. this year (l they are merely "gsarison troops, uppited sa many "bonforts and as inak good food the folks -
"Where, are you
Christmas?" is the predominat question in conversation for The weeks before the event. answer, in most cases, is "the beach China Mail Special
!
Attempted Suicide Over Dog
Tokyo, Dec, 21. Nather than part with his
to commit suicide. dog, an old man here decided
Ryckichl.
Their older brothers and sisters and his wife
ilving on Boo to that. But they like to scans dole
toleroin a local wel so hid round the streets he fore office me0,000 ren eagerly looked forward to the toys which they will find stuff monthly-elhce last
their ad in the aboos they leave on when
daughter. Kimikú Who "Hupported them was trame the window sill on Christmas led to telly during a startade Eve for him to fill ** int the Tairyo'. Imperial Paloco:
"The clad pareils were told to Ladies As in other years Committee, headed by the wife get rid of their dog or see, their of the President of tires, Re-dole cliced-by, 2,000 Jetsk
been, collecting Under the Peronista slogan public,.-bas that "only children have pila fund with which to buy toy's
every youngsters can to Clatriotite to poor children, Extęgos”
‚to' find something 'in hlm
Argentina
ing this Christende.
usual, Eur Peron' Foundation has placed 2 artlara dok: sourly."3,000,000 toys which throughout the
Australia
TRADE AND COMMERCE SECTION
U.S. BUSINESS PROSPECTS
Next Year Should Be
Another
Second Best
By DAYTON MOORE
Washington, Dec. 22,
The US. Chamber of Commerce predicted today that business will be two per cent better next year than this but will not be quite as good as in 1953.
If the forecast pans out, 1955 will be another "second best" year from an economic standpoint., The nation enjoyed its greatest prosperity in 1958 when the major business indicators climbed to all-time peaks although an economic decline started late in the year.
HONGKONG STOCK EXCHANGE
of'
the
Sugar Quotas
Announced
Washington, Dec. 22. Secretary of Agriculture, Mr Ezta T. Benion, today announced a 1955 euZET quota totalling *8,200,000 tons.
The quota -- the amount of sugar whitti can be United marketed in the States next year - сол pares with an Initial 1954 quots ot 8,000,000 tons which was adjusted · up- ward to 8,250,000 taz
United PreAK.
general improvement World Cotton
Markets
11
His long-range forecast even better.
The Chamber's overall busi, construction activities and new forecast is in line with current recent onen of Government and will carry into 1958. Steel pro- 18 duction.
major factor, private economista.
expected to ripe five to 10 per cent."
Was
"Even if 1955 should not top our very best year, long-run growth la in clear prospect," Ho foreign said. "Population growth paves the way for growth throughout Setence, Inven- the economy. Mon, new product development at the opening and close.
Gains are expected in gross national, prochichthe total all goods and services produced housing and most other con- struction fields, Industrial pro- duction, national income, con-
und sumer spending. trade.
wholesale
[From Our Correspondent) Both retail and
to retain prices are expected Business done on the Hong-table et about present levels, kong Block Exchange Unis
amounted 10 morning
$281,- 901.80. Noon quotations and the morning's transactions:
FARM INCOME However, a few purchases of economie activity are expected: SHARES DUYERS SELLERS BALES to decline. A "light drop" in
1500
BANKS
HK Bank
1970 1900
10 2900
01
INSURANCES Lombard
SOPPING
Waterboat
..
05
20.00
DOCKS, ETC.
K. Whart Dockend (0) 1815
Wheelock
LAND, ETC.
New York, Dec. 22. Cotton futures today - sawed narrowly as frodern be- with the came more imbued holiday spirit,
Sports of activity developed
and
whole now between the
of emergence
with the Ispred Industries, coupled
growth, suggests population bigger markets for the years ahead."Untied Press.
World Rubber Markets
farm income was predicted. The number of unemployed probably will be "silghtly larger" because the economic gaina will be not large enough to provide Jobs for all persons reaching working years for statistical 500 20.00 age--14
purposes.
Other unfavourable economic There was some trade factors Include the large sum of factory support in the morning private debt and the prospect and early afternoon but when there will not be any major tax this was satisfied, prices tended afternoon to sag late in the with offerings considerably
1500 15.00 6.00 7 2000 @ 7
100 Hotel 16.20 18.50 2000__18.20
RK Land
Humphreys
Realty 1002.0736 2.1235
UTILITIES
200 67
21.20 2100 Star For.. Yaumsti Ferry ITS 184 200 @ 154 C. Light (0) 18 IB.20 C. Light (N)
06 14.40 1000 G 18 Electric .3.383% 39 300 381
Telephoma
INDUSTRIALS
Cement
13.
10
..... 3015 Rope STORES, ETC.
Dairy K. Rita 24.40 24.00 100 Watson
16
17
eeetes
(N)..
2720 Crawford COTTONS
Textile Corp. 1 6.80
8.40 1 760 @ 911⁄2 ANEOUS Yangtze ... 0.83 + ARIEL
4.30 4.373
Market Holidays
cut.
Future
Singapore, Dec, 22.
and
were closings
"Indications are that business | freer. overall will be two to five per cent better next year than in 1954," Mr E. P. Schmit, the follows: Chamber's chief economist, sald.
"Rising orders in the hands of No. 1 rubber per lb. Jos. manufacturers and Increasing
No. 2 rubber per lb. Jan, No. 3
New York Sugar Market
New York, Dec. 22. World No. 4 sugar futures closed today unchanged to 1 point higher with sales of 242 contracts.
Domestic No, e sugar futures closed 1 point higher to point lower with sales of 10 contracts,
Domestic futures
sbowed little reaction to the overnight the 1953 in-
announcement on
port quota af 8,200,000 short tons. The gure was, about in line with trade expectations.
Trade interests were reported on both aldes of the world con- tract.
Future closings were;
Contract No. 4 (world)
New York, Dec, 22. All major securities markets in the United States will be closed Friday, December 24. Canadian markets will be open Zanuary for half a day oo Christions March
May
Ami
pot feenta per ib. for
Contract No. 6
British
bandes and foreign September exchange markets will be open all day Friday and will-like all other markets reopen Tuesday
March morning.
MRY" The London Stock Exchange, Fuly various commodity markets like Beptember. rubber, cocon, wool tops, as well November
Spot (cents per 1b, cit NY Da the Liverpool cotton and ex-Qur whent futures haricots
Will operate on somewhat abbreviated schedules on Friday.
No. 4
Spot rubber unbaled Blanket strepe
No. 1 pale crepe
45
inactivity.
In market of
the Une into long periods
Operations were given over mainly to routine hedge sell- ing, plus give-and-take between trade interests. Evening-up before the
Christmas long weekend holidays developed among the professionals.
At the close the list finished up 1 point to off 1 point. The market opened off 1 to 6 points. Now Orleans closed off 9 to up 3 points.
Chart readers continued
to
liquidate long holdings in near- by deliveries against replace. ment purchases in new crop months.
Trading volmes and open ta- terests in the Exchange today
Bay'-0036 Month 88-6216 Mar unquoted
8213-9355
04-05
NEW YORK Futures today closed 8 to 25 points higher with sales of 249
contracts.
Volume Open interest |
57,300 231,500
Mar,
877-971 85-631
May
20,100 1,119,800
July
38,400 678,500
OcL
12300 143,600
0734-6814 Max
Dec
10400 D3,200
5,200
37,700
May
0,300
43,800
Total
150,200 2,950,000 bales NEW YORK
Prices of futures closed today
Spot
37,05
Mar.
30.70
May
34.91
July
34.08
Oct.
35.04
Doc.
26.00
Mar,
May
Covering by an old short in- terest, spurred by firmness at London and the paucity of high- priced shipment offerings, lifted to neur seasonal the market highs.
shorts
coysred
as follows:
NEW ORLEANS
Prices of futures closed today
Wall Street commission houses took some profits, but other speculative because of the long week-end as follows: Christmas holidays,
Spot business was quiet, with best factory Interest shown in the blankot deld. Buyers seeking January three ambers were bid- ding 2-cent
premium March without attracting any sellera Spot. No. 1 Rss were quoted at 30% cents a pound,
Further closings
Spot
Mar
May
July
Det.
Dec.
OVET
Mar. May
3.16
ctanio, shrdly atacin hm m 5.19 March
May
30.40 30.40
July
September December March
'LONDON
LIVERPOOL
Colon
American closings, middling, 15/16 Inch, in pence-
per lb. were as follows:
Doc.Jan.
Mar/Apr.
May/June
30,00 July FAVE-
24.90 Oct/Nov.
The market was firm. Prices closed, for No. 1 spot Rss was at |26% pence per ib. Prices; 5.45
Pros.
Chicago Grain Prices
most In the United States major commodity markets also will operate on a half day sobedile on Friday. This group includes the New York Cotton Exchange, the Chicago Board of Trade, the Cocok Exchange and the Mercantile Exchange. Now! York Coffes and Sugar Exchange and Commodity Ex- change, Inc., will be closed all Wheat, No. 2, red day Friday United Prem,
230(H)^^^#77% (L)
Chicago, Dec 22: The Prices per bushel in cents:
Closing prices
New York Stock
Exchange
Street today
folk
Rate
Corn, No. 2, yello
No. 1 spot Res ....... 2611-2016 Settlement house term: Feb.
Mar
Apt./June
July/Sept.
DM./Dec.
General markets, if basis, ports: Ján,
Mor.
25.30/18-23
Oficial
include:
values for spot eattona - American middling 15/18th inch ' 32,80 American Ble midding. 7/8th Mexican middling 1-1/32nd inch 34.36
Others were unchanged.
inch
Coltor
crizeiro follows:
March
May
October December
*** 15/16-20 18/10) July 2593-30 10/16 Extato crepe thick unquated
thin 2734 AMSTERDAM'
ایر دیا
The market was hirm. Prices closed today in guliders per kilo gram, CIF Jan, as follows:
No. 1 rubber No, rubber No rubber
No.
crepe
2.63 buyers 2.51, bureri
· KAR - BUYSTE 2. 3,06, buYSTS
United Press,
Singapore
Stock Market
́ ́SAO PAULO
future closings, in
were per kilo
In the United States, the average price of 15/18 middling cotton at 10 designated spon markets was 34.14 cents. Sales at these centres totalled 24,004), bales-Unitedi Press,
London Foreign Exchange
New York Foreign- Exchange
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