1955-01-18 — Page 9

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL, TUESDAY, JANUARY 18, 1955.

The Danish State Railways new ferry, King Frederik IX for use on the Danish-German Halle mute between tiedser and titussenbrode, goes into service. Built at a cost of 211 million Danish Crowns the forry, the largest ship in the Danish State Railways' fleet, has a triple car desk and takes either: (1) 125 motorcars or (2) 30 trucks or (3) 10 sleeping cars and other

The ferry hak гоо express railway carriage or (4) three whole diesel express trains.

1.200 passengers-Express Phoku,

ΣΟΥ

Too Many Elections

But Not Enough

For Suffragettes

Why

of equal rights and women.

Switzer preple dens land, one of the world's

TIEN

for

My w working Weenen jaz oldest democracies, taxes just as the mes de end

ונן

Ther in much satyng Sw.zend on ry thany subjects that rest peple samply rami be bethen 1 to go to the prais

stand virtually alone inns demand they should have a vet ng th v-

Saturat refusing

WOMCH equal

voting rights with men?

13

PEN

የነ። ጎፋና Irt

then

Sund រ * pent by the put thes like to Like the le thorities

Suffer

me final syfer votes

IN

<V

es p

ope

what are when

rent de T.

1 clan that

mrnes has starv.ved in only fow

the

Spor ely. cercept of the low no longer vald, Paulated Cantins, where larice

bombers of the populatun the Sw Army now

the market seplate Women's Voluntary

ment- square to vote by show of tramia. Every he has a glee knowledge

under co Spons

knows syder, tion and everyone. the peple concerned in public

The foreigner who at tempts to explain this phenomenon must expect has almost certain criticism Auxilury Service, whose

bets have vonal Ente wh for

misrepresentation in tops under the new Swiss from at least some sec- Army Service Regulations which

en inte force this year, tions of Swiss public But tarties lying the whole

opinion.

ti vi

sufliege

ftgaters try

UV Re

E

May i+

levant et

20

Try that

22

tor

ן, יייז אין

i

The proportion

quot ca or women's suffrage is

of

general the fearle

the audiffejuce towards the duty of arupasta m

wh.41

of the all-' mal electorate which turns out 14 vale is ametimes as in 2 20 per cont A 30 per cent poll is costuran, while 50 per cent to is a rough average 50 per cent

site the 10-

Pasti

I an lows

and

In the Confyanmal von

maz'

of the

Citzens in thickly-populated

bove le or ften idea of how to voir when crûled to the palls im smuller issues.

Comprratively few propie in br

of Zulch, for Cmrune comply

in posting to know

cand deter they wh.ph would like to see apsinted es

local school. meters in

TRADE and COMMERCE SECTION

AMERICAN ECONOMY HONGKONG

Stocks Make Substantial

Recovery On

Previous Week's Losses

By John Morka

New York, Jan. 17. There was a better tone in the American business last

a

week.

There was more talk of good business ahead. As investors appeared to have discovered the effects of threatened stock market investigation by the Senate and the rise in the margin down payment in purchases of securities. These factors combined last week to depress market valua- tions over $5,000,000,000.

$1.

bask and inte In

-tantral recovery of the psykets

It week's

WAN Atvy somewhat carbalur dan caktojai ko

wal ang week, but

Site: the

atracades was not prevaring

male.

Representatives

per

NEW YORK

STOCK

MARKET

New York, Jun. 17. Wall Street erased 13- other $8,000,000,000 or 40 from the value of all listed' stocks today in one of the woral netbacks since the outbreak of war in Koren.

STOCK EXCHANGE

(From Our Correspondent!

Business done on the Hong- kong Stock Exchange this morning amounted to $1,030,- 313.50. Neseti quotutione and the morning's transaction i

SHARES BUYERS SELLERS BALEA BANKS

INSURANCES

Lombard

Ich fandas

SHIPPING

Waterbond Asta Na

DOCKS ETC

K Whar

Dick

Provides

Wheelock

With nothing in the news to stimulate the marieel, and with the Federal Reserve apparently |

កវ៉ lighten money Paving lo around, selling appeared in orde

many inve lors, especially these holding sizabl

LAND, ETC.

TK

The break stehel on match as; 34 and E

Ziure from

HK

Individual stock prices, 11

Really

ג

industrials as a group $8.34 ex- rent for the Jun 5 drop te widest singe Junc 20. 1950TITIES

following outbreak sersion

la stare at tug on a relatively minor U.S. output increased from pre- .1 Pain

war 1039 to 1984 by 77 per cent.

war in Korea. The 1954 *7,500

output was 80

Ralls cra-ket $4.18 on average. Amo term remifers and depart- ernt above output in 1946, and

the'r wl'es! the worl

oss sine S. 3 mant stores convened at the 44th the US was stil

convention of the most important petroleum pro- 1945, and ulikties were off 34 Notinaul Retail

Goods Dry

Business Week noted. lucer.

ents in their heaviest April 0, 1933. added: "Bul Asser unders

The magazine Consensus forecast tor 1955 Improved volume and

W.11

15

.1

..

INCREASE

PREDICTED

I et heura Mr Malcolm P. Nah, professor of retailing of The Havard Radubte school of DABADON DE muinistration,

predict

Sow

1 be

1

14

*

FM 1

F

World Cotton

Markets

jooks as if fine) 1954 Agures wil show the U.S. providing around 47 or 48 per cent of a w), n output this year-against 68 per ze.. in 1946 ang Bi per OLAN DI 1939,"--United Press.

World Rubber

stores would uies by 3

per cent and by 20 to 25 per cent. PS News Hepurt echoed the ptomaste DIAC In Ly envisßged a autos, Travel, cas.rust.on, lum ure, aliza

milion r

Ameri-cudy

abend

The

Markets

17. Singapore, Jan rubber market 16,000

op n°1 ending over 1054,

on trade support and kely to produce with sellers very reserved, the goods and market continued to advance There level of any tradually all day long. ven higher than the 1953 was some small factory interest.

Future closings were:

No, 1 rubber per Tb:

New York. Jr

17

373 000 000.000

highest

fuel sur

TA

304 90

Y

nawet or prowly a spot y mabut huluarve in the pattern of revery 1954 expenditures totalled 357.- 12 11:1

Smill femur (a fullt extractée ! Introde u dat wets *p* over-tupgilded arrest of the tin through the bla

on and Intal efferies,

Mar:

Con-

|

the the

A few have a direct interest their Jet in Federal voles.

and kiwwider meny

10 € 1 The

favour to weltier 1 of proportion

ཙནུསྶ༤, ཏ ཛིནཱཝ tention mt simply | Wochungtun vlectorate which wuled h

thick for them, but

1 dayaebie k The problem at suffige far mote pomol mute din SW, beetland Het where

141

them

Lith

Governments

t

Jal

radtional

In Switze flauti, the citizens

いず

a constantly being called to the late vole in variety Federal, U. aidsnat,

Cmnul

and Eccles.stund matters--quile apart from exactiones.

Dve dans must be taken on questions rongg from some-

thing we madly cumprehensibly as the reform Anance system, lo something 50

S

,

NTC

Adjustments,

'''

s Bags

March dehyere were a dearture

do not care so they đà not vote, joogee sunmurts, armani imetrala ! it general eletons in 1951 was

cent. In a Federal re-į Trste

mrkets of Government and t h.com Just

Lay varyk pepsils for introducing | runjchists October, in rant question

the, femel sulfinge

in favou of giving reform of the national finance system, the poll was only 45.2 waren the wide only on Com

In others in Com- aurerbly higher the few i munal and Cantonal affairs, and Cantons which have lows for others in Communi, Cantonal compulsory voting, under whieh and Federal affairs.

are Ant

enizens

1.

Percentages

11

are i muna

ha:

י:'יז יין

22.

Amonk

יה

the

$600,000,000

the increases ngthe forecast:

nutes

for $2 000,000,000 TV and rervices, $400,000 000 Frate investment, $800,- 050,000 for food,

The

AUTO PROSPECTS

auto industry. #ppears will in the way to produce eni

ears myne

Iban In 1934, r995 tels in November, com-

vulput

זן

indled

for

10g)

have

February

March Apri

2120 2123 GU 2116

Yi

1130

7135

1420

Ju

40

1010

21.20 21.16

7-k

و یا نور الام

500 27.50

10 40 5 W ɔ 18.0

739 7.45 3000 kr 7.40

15 10 10 30 2500 a 18.00 10.70

4000 13 80

11 w 300

20.20 20.00

713

300 130

2 1 2 17 3003 a 215

200 un 2176,

300 21 ther

2330 224

100 .1016

Tran

Star Ferry Yamaha Ferry เอม 101 700 4

Light

200 (0) 1830 201,

100

34) 18,40

21418.30

since

"

STEPPED UP

Volume won stepped up on The declino-always unfavour- able from the market point »ʻ view-but the 3,300 000-shai turnover was below the 4,040 - 000 shares of the January 5 broak and the 1,300 000 shares

day's decline. on the following

The selling was orderly, with

declining throughout the алу

prices

Bicoty

ין

steadily after but forcing opening. ickers to lun late only bily.

A furry selling followed in President's Bucket messag

which indicated lower Govern.

Electric

Mac-19

Telephone

INDRAS 1040

30.

Der Jały

INDUSTĦIALM Cement..

Rope

STORES, ETC.

Datry Waldony

20 14.40 2014 10.40

36 1N30

1000 or 18.30 40 100 3,

13

1890 i 311

2000 1 39%

385 304 4800 or 3015

42 4316

3735

42 300 44

11120 18 60

IND

241 #217 $3

10

21300 1350)

24.75

12 2012

101 or 10

L t'rawford

ZI

109

1000

0.10

4,575 500 in 4.05

MISCELLANEOUS

Ye

Allied

men spending and no further New York Sugar

commoration tax relief.

The big reason behind the

however, movi,

Epparently

Reserve's

credit and

EXCCTTOS, The

the Federal 0831-083 is 281-90 move to tighten

stock ungutud prevent No. 1 rubber per jh. Feb. 9736-09 No. 1 rubber per ib. nah. 91-934 No. 1 rubber per ib. Feb. 14-05 Spol rubber unbaled Blanket crepe No. 1 pale mergers.

004-01%

101-10 NEW YORK Futures to ov elcsed 78 to 95 points higher with sales of 167 contracts.

Factories were more inquisi- for

a moderate business Nov.-Dec. tive and

the spot market. 1,100 000 units, parsed in Over The bitk automotive demand Reported sales included March two shoots at 32% centa, after to appears sustained steel production levels moving in the morning at 32%

* me. Now the steel

rents Matth two sheets

ware to done at 33% rents and flat bark Is bock, according to market tion Age. National Metalworking for April at 27 cents, all prices weekly, so for only products delivered basis with further

are cold-rolled affected are

sheets buyers apparent. and galvanised sheets "and

Spot No. 1 Ras were quoted at appears unlikely that the profit 33% cents. Future closings: taking through unusual distribu. Tin

channels can continue for nore than a few months."

The

Dot, that noted hade publication Newmakers, who don't usually dent

2

First utter day will be Feb 23. The open position in Mar

start tradire lost. v fetaEr 753,462 if they

Yet thres

maintain that stock chuld have the votadually, nase at 57 136 boles Bod fuldt their electoral duties, ¦ women

the stack shows an increase of With

little enthusiasm only in matters of direct interest 24

more than 8.000 bales during the the malc volers, the to the female sex

past few wieks Whatever the method may be, wymmen ure even less inclined

Swiss suffragettes are confident that full voting rights will be won eventually.

to demand the right to vote.

the

The major reason for this in-

He in of the Federal difference appears to

itself. Swica democratic

system it has been parily outgrown by mdern conditions of increasing population and the ever-spread-

ramifications of newly ing

midcupas as the co- Face of loval selatinater to www children to war bed-

shippin

the

OIL

A explanation of the intrie ale and

Varying procedures of "imbabve je rendum, through which the Swiss voters expros their bangon, met be Init usule MAN

The male Swiss comes of nge at 20, when he is called up for Fils first 1472734224 period of

The bearing millary tram ng.

of arms to defend the soll of the Curders.in 1. S always been closely associated with the SERISKE,

Reasons for not giving women

respect gone on pervusly without Sully, and my Swiss think

Liic has for Ludilon.

affaks.

Scaner or later one of the fairly frenuent polls in various Crotons will go in favour of the ufragettes-and a breach will

opened public be

centuries-old traditions.-China Mall Special,

In

In search of the

Missing Link

Patiala, Pepsu.

the vote are 100ed in deep state of Nalagarh, now merged in the Patiala and poarefully and pros- East Punjab States Union, may provide the clue female to history's "missing link" the little known period between the decline of the Indus civilisation, about 8000 BC and the rise of the Maurya Empire, 322-232 B.C.

that u can is to reason why it

should not continue to do so.

Many men argue that they do not want to risk srife in the

home and to have their women-

tho

Closing priver ruled unchange.

The market to 12 points openst off to pants Orians closed unchanged to off

10 points.

Trading volumes and egen the Exchange today hattro 0

were:

Volume Open interest

700,$ 773.4(N) 37.00 1.178.10

Month

MINI

Max

July

45,000

041,700

Oct.

17 2

170,000

Dec.

3.500

207,10000

Mar

12,100

May

2,4(X) 01.700

Tothl

In

forcing

Market

New York. Jan. 17. World No. 4

sugar

futures

Resve has been selling Gev-icduy closed 1 point higher to enment bends, thereby Ehrine-1 point tower with sales of 87

in contructa. bringing ing available

credit, some higher interest rates an Dum sie No. 6 sugar futures

Government bonds lower and this into competition closed 1 to 3 points higher with

sules of 82 con.rucis. with stocks. There is talk, ino.

futures trading World sugar of A long-term Government

was mixed with trade interests on bond issue.

the both sides. In

raw market, dealera understoot Syria will be

2ul of

ssues moving

marke

The colling today hit in all major groups steels, motors,

4 and ere te- chemicals ralls, aircrafts, allsportedly pending on 7.500 tons unities F with only A hand-

f raw to Ceylon. Special

Refluer buying

pre- tomina ed in domestic contract. against the trend,

Among steels, loses ranged to +3 in Bethlehem and Republic, more than $2 each in U.S. Steel, Armco, Youngstown Sheet and Fube and Lukens,

ordess

Future elesings were:

Contract No. 4 (world)

Maret

MAY

3.18

July

3.14

3.14

Sept.

Mfar,

33.00

May

Chemicals were hard hit. Douglas lost almost $5 in the aircrafts and United Aircraft May

Spot-cents Det i fub Cuba 215

Contract No.

5,45

Vargli

3 52

32.90

3,02

July

31.90

almost $3.

5.04

Sept.

$1.40

$2.20

Mar.

31.80

The London and Amsterdam

Out of 1,274 issues traded 148 were lower on the day, only 160 higher,

Sept. Nov.

SM

Spol-per th. In vents ett NY

ex-duty)

0.43

-United Prem.

The New York Stock Ex- change bond volume was $5,-

060 000,

feel, but art aa middlemen, rubber prices were nes received nre operating in the held now, today-United Press.

For the customers who can't

I his requirements for

for rejects

And

and seconds in cold-rolled calvanised sheets from regular mill

sources. the premium for this recondary material may be less. Normally, it sells for less than regular mill prices it at all, although mills frequently remelt it as scrap to keep it of

200 300 2,200 bales the market.

NEW YORK

34.05 14.40

Singapore

Stock Market

Singapore, Jan. 18. Brokera today

quoted

On the world trade front, following stock prices: President Elsenhower's message

The American Stock Exchange New York Foreign

volume was 1,150,000 shares.

DOW-JONES AVERAGES

Dow Jones closing averages

were:

24 industriale

to ruile

15 utilis

to

(5 stocks

40 banda

Jan. 17 Jan. 18 Closing OpenAng

Priers of futures closed today encouraging a freer world trade British Borneo Petro

and reduced tarifla ovoked foum Byndicate genemily favourable comment Consolidated

Smelters, Ordinary from Congressional leaders from

23/64 20/04 and 4.73-74 both the Democratte

Re-Fraker Rad

Nova Ltd, Orduvary issue #1.00 $2.00 Frazer and Nerve Lin.

734 cm, pref $4.00 $8.50 Hongkong & Shanghai

as follows

Spot

March

May

Archaeologists here believe that the former October

34.05

December

34.74

March

24.83

May

13.0T

NEW ORLEANS Prices of futures elesed

- follows;

Spo

34.10

March May October

March

3441

34.73

3493

34.46-60

December

34.74

13.07

at

MAY

35.64

and hod

LIVERPOOL

Knowledge of what happened | of the post-Harappa period at 101 exposed to the passing of

between the Indus Valley

Dher Mujra, politics. Many women support

to an c.viis.tion, which came

The

made discoveries th's view.

end some time In the 2nd Harappa In West Punjab Opponents of female suffrage millenium B.C., and the 4th Mohenjo-daro In Sind maintain that women are per-century D.C. La very meagre brought to light that 3,000 fectly able to exert a strong Historians have had to depend years before Christ there had

induence on the

vote largely on literature to A11 the existed in these places a highly through their position in

developed culture known as the Excavations recently home and the community. They gaps in their knowledge."

cartled Indus Valley of civilisation. noticeable out by a German scholar, Dr do, n ct, exert very

The cities of Harappa and influence through powerful or Olaf Prufer,

the at several places Mohenjo-daco belongng to nisations in meny

In Nalagarh have lod to the pre-Aryan civilisation Bre the means discovery of relics which bour earliest evidence of architecture down-trodden in Switzerland,

Fland, the

of both Harappa } of India. Imprint culture

(of the Indus Valley They consisted molly_of civilisation) as well as of the homesteads, starehouses, baths, post-Harappa period. This has avenues and wells. strengthened the belief that this brick, the style was plain and area could yield valuable date functional. The ruins also point the to the existence of a perfect about what happened in "miming centuries.”

drainage system, telling of

uto by DO

Women

since almost all professions aro pen to them, with the notable exceptions of palltics and diplo macy. In many Canions, women cen hold high positions in public life, serve on Juries and even become judges.

In some Can- tons, they have the vote in occlesiastical matters,

Reasons for giving women the vote are easier to outline,

Built in

publican

Eshowed signs of

Bunk

Gorporation

(Colonial legifior) #1110" $uis" Malyan Dreweries. 11.03 Rates Hot Singapore South

Storage

Insuranos

Cold

$1.72 sláa

$405 $3.73

$2.00

parties. TEXTILE INDUSTRY

the long-suffering toxtile,

The Wall Street strengthening. Journal noted that the biggest today order back-logs in two years appear to be netting the base for

£21.5 further price increases on cotton print and broad cloths.

Steamilup.. $17.30 17.10 Several inrge Boiling agencies United Engineers,

Ordinary Inusia

$13.8 $13.95 are reportedly sold out on the

Woane Brother price-setting 80-square printenon in

Bea cloth. Nearby and first quarlor Petallsw Ti deliveries are in the range of

am-dly. Cum-capital laun † with div. 19% cents and 19 cents for

-China Mall Special. second quarter delivery.

Colton closings, American middling colton, 15/10 Inch, in pence per tb, were as follows:

March/April

May/June July/August

October/November Décember/January

32.24

32.20

31,09 11.02

Ometal values for spot cottons were unchanged.

SAO PAULO

Straits Trading

$3.501

e fabrics sppears to be at a London Foreign

although some

reduced pace. firmness is noticeable in prices

Exchange

Comm, future price index

Jan.20

Exchange

Canuda 17704 England-outal

·62.00

144.30

100,76

105:47 New

United Press.

New York, Jan, 17.

$1.03%

2.100/10 2.0-2.00 2.18-19/12 2.70 2.1722

unometal

30-day futures.. tely futures ..

Zealand

United Press.

Study Of New York

Stock Market

By Bank Committee

The

has

Washington, Jan. 17. Senate Banking Committee unanimously approved a "study" of the New York Stock Market, but pointedly shunned the term "Investigation."

manipulations, The Chalcman, Mr J. William | specifie frauds, London, Jan. 17...

am I Fulbright said he hopes her or wrongdoings, nor 2016-11-1742 Ings on the booming bull market even cuspicious of any K. 2,08-19/16-3.0635

"VERY UNUSUAL" can begin about February 21, 10 Japan A$45 |137.26-12036 2

07614-STRU

on all types of spiın rayon acetate cloths, on 100 dacron fabrics and on dacron and cotton New York

Montreal blends.

Amsterdam "The increasing importance of Brusela the Middle East as an all-pro- | Pazie

Riockholm ducer, has affected the position Wett METIE Futures citing in cruzeiros of the U.S. In the world pro Others were unchanged, per kilogram, CIF February duction picture. Total world wage as follows:

production is climbing but in the 31.00 U.S.

the climb is

Lower, Busi-

March May July

Orfober Decembre

$1.29

31.34

nčia

31.30

Watk

noted.

World

31,00

Potroleum output I

In the United States, the aver- - now

Exchange Rates

agat

beat Jabout insoffiotal, sexasincs, marijadi

Dr Fruter carried out ex-high degree of planning And cavations at several places in engineering skill. Nalagarh-Dhor Majra,, Rupar Br Fruter has urged inten-age pries of 15/16 middling 5,000,000,000 lbs per your "The mystis mal blowits and Kalka. He has found not sive and large scalo exploration action at 10, designated spot V.B. share of world-output, has Kantfoglinda mel Advocates of the Tamale ut- only painted pottery bearing the of the area in the state from markets was 24.07 enter: Balas ocen dropping in the postwer pykaitan, kudies Lowe Kamanta Kfter: 100)/ have to paint to stamp of Harappa čultura but Rupar to Chaggar, which at the centres totalled 29,504 years, although U.B. production (81)

is not, on the decline. Instead, 'Indo-China plantar (42' 150)14 widely

bales, United Press. accepted also five varieties of carami, watered by the river Butle),

frage maraly

tho

DOW

1

Ho sak the Committee wanik But he said the "very uns.

almost to avoid influencing the market Purual,

perpendicular 410 the MİAMİLUM extent incronses in atock prices, which portble

began about 15 months ago, and have been intensified in recent the Weeks "certainly warrant Committed's concern, and sturdy."

Mr. Fulbright, said the "In or stability of the UB, economy of our

He wild he does not bellove the proposed inquiry has affect ed the market to date. He told questioning newimen he sees nothing to be scared of

plan to investigation of alles quent, concern the aut

the market at the,, presení | provaganda pointe used by the time in the meaning brion at="Kremlin." He said it tached to that term,” Mr Bul- characteristic that should be! bright wald.. "I know of no minimised-United Press.

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