1955-04-07 — Page 9

.:

In

Teenage

Canadians

THE CHINA MAIL, THURSDAY, APRIL 7, 1955.

TRADE

and COMMERCE

SECTION

Marrying NEW YORK WEST GERMAN INVESTMENT

Ottawa, Apr. 6.

More and more Canadians

their teens or early twentles are getting married every year.

This trend represents in part a rebound from the depression era of the 'thirties when 30 many young people had no job and could not afford to get morried. But in part, too, it is due to the fact that it is be- coming more and more socially. acceptable for young women to mary and carry on with their

jobs,

The latest fzures, just issued by the Dominion Bureau of Statistics, show that in 1953, no less than 24.2 per cent of all Canadians between the ages of 15 and 24 years were married, compared with 21.9 per cent in 1951 and only 14.6 in 1941.

MORE STRIKING

The percentages are still more Striking for females between those same ages. In 1943, no less than 33.2 per cent of all these young Canadian married, as against 30.1 per cent in 1951 and 21.6 in 1941.

women

were

as

Changing social Custom well By prosperous economic conditions show up here, and the number of young married women with paid. jobë is a great factor.

Among the males, employ- ment accurity is an important factor in promoting early marri. age. The late tabulation shows that among all Canadian males between the ages of 15 and 24. in 1953. married men amounted to 15.3 per cent as compared with 13.3 per cent in 1951 and only 8.0 per cent in 1941.

PROFOUND SIGNIFICANCE

STOCK

MARKET

Another Plus Session

PROGRAMMES

Stores, chaired Apr Sun World Cotton Modernisation

New York, 6.

up an- on the plus. other session side early today despite some late profit-taking.

Markets

Rails starts and selected la-" dustrials - the steel shares,

New York, Apr. 6. metals, and numerous individual Cotton futures trading today specialties-featured on the up-moved over a narrow range in side. The late selling concen- slow dealings as traders pre- pared for the weekend holidays. irated on recent strong spots.

Apart from an opening spurt of activity, traders thought the later pace Was one of

the slowest for any session this

Trading picked up to 2,500,- 000 shares from yesterday's 2,100,000.

Wall Street saw today's trading | year. sa. routine.

All the close the list ruled in- Fest gains were held by in- dividual specialties issues such changed to off. 11 points. The as Owens-Corning Fibreglas, upmarket opened off 2 to up 3 more than 5 points, Outmarine, points, New Orleans closed 5 up 4; American Shipbuildings, to 15 points lower, 3 higher and Grand. Union and Stromberg Carlson, up nore than 2 points each.

loss.

.

Initial activity featured selling credited to Liverpool 'necounts as the British market weakened under the impact of the dealers there set for Indian cotton.

Pre-weekend evening up in-

MOST STEELS HOLD, Mos: steels held well al- though Bethkhem, the early Icader, closed with a point cluded trade commission house US Steel Anished more selling of May against pur- than a point higher.

chases of July, supposed to Rail gains at the close ranged represent the transfer of hedge to a point or more in New pesticns forwarded in Liverpool Haven and Southern Hallway selling featured in the Oct-Dec in the average group and to 2

and July deliveries. in Missouri- points or more Kansas Texas preferred.

Of Industry

Bonn, Apr. 6.

has

West Germany's Economic Ministry started two investment programmes representing part of its programme for the promotion of industrial development in 1955, Government sources have announced here,

Providing for investments worth 450 million marks, the programmes are intended to assist the

rationalisation of modernisation and German industry.

World Rubber

Markets

Singapore, Apr. 6. Rubber prices fell off about 14 cents during the afternoon and closed with moderate buy

above the New speculative interest was ing enquiry just Of 1221 issues traded, 577 additionally handicapped in con- lower levels. Futures: were higher, 410 lower.

the No. 1 rubber per 18. April 891-899 tinuing uncertainties over

May 881-883% Some paper stocks met de-outcome of farm legislation.

Jane unquoted No. 2 rubber per I. April 873-4) 855-854 Trading, volumes and open in-No. 3

8514-86 terests in the Exchange today No. 4

2015-39%% Ex- were:

1945-80SS 92-93

mand

Chemicals were mixed.

Most metals were strong.

York Stock The New change bond 440,000.

This sharply increasing trend has profound social, and even moral significance, since it re- duces the likelihood of pro- miscuity and prostitution. So-

The American Stock cially, since the Canadian birta

change. volume this period rate during

res shares. risen to

that level, above of United States and almost double that of Britain, the in- of young creasing percentage married women who continue in full-time jobs docs not yet authorities too worry we are much.

But the statisticians have issued a warning that this fac tor, combined with the trend away from farms and 10 the city, may yet lead to a tendency towards a fall in the Canadian birth-rate.-China Mail Special,

Croc Hunting

Is Big

Business

Johannesburg, Apr. 6. Crocodile hunting is be-

coming

Africa.

big

יד

Volume Open interest

38.400 678,800

volume was $3,-

Ex-

Month May

Jusy

37,100 852,400

was 860,000 OL

13.700 327,800

Dec.

Dow-Jones closing averages May were as follows: 30 Industrials 20 rails

Mar

27,800 283,500 5.200 149,000

July Total 416.20

151.300 $1,300 $200 140,100 2,477,900 bales

154.50

€3,75 135.21 29.97

NEW YORK

Comm. pure price

index 153-59

19 utilities

stocks

40 bonds

4) YESTERDAY PRICES

Alden Inc. Acy.

Allied Chemicals Allis Chalmers American Airline American Metal American Smelting American Tel & Tel American Tobsere "B" Anaconda Copper Armco Siedl Armour

Baldwin-Lima-Kartion Baltimore & Onto Bendix Aviation Corp.

Bearuet Con...

Bethlehem Steel

Boeing Airplane

Canadian Pacific Ralway Case (1)

Come Chase National Bank Cile Copper Chrysler Motors Commercial Credit

Commonwealth Elec.

în business

first

Many young men who went to the Rhodesias to make money out of tobacco tarrning, have

to this now tumed lucrative and adventurous pro- fession, according to Mr-Len

Benson,

immigrant from

Lancashire.

аг

Some experienced hunters, Mr Benton said, are now maong up the to £2,000 a year out of

which are crtcome skins,

Langbags; w.ce demTANICA tox wallets and suitcures,

in

Whenever notice is given that prospective hunters can apply for permissunat is the big oo- stacle because they are limited by the Government--applica uns steam .. Only those spom people who have had some ng experience are usually granted, mir- Benson said,

WOMEN TOO

A well-known former South African Muogy, tuli-puck, Bdr Jack van der Schyff, is at pre- sent operating along the banics of the Zampesi kiver. Blany women have joined in the big time money" that can be earned.

Consolidated Edison

Continental Steel

Corn Froducts

Crane Co.

Cuban American Sugar

Curtis Wright

Dupont de Nemours

Fastman Kodak

General eetria General Foods

General Motory .... Gillette Safety Ilzzər Goodrich (B. F.) Co. Goodyear Tire & Rubber Remstake Mining Co. International Business

Machines International Harvester International Nickel International Paper International Tel & Tel John-Marville Co.

Kennecott Copper Lockheed Alrezzit

Teows Incou

Lone Star Cement Co. Minnesota Mining A Mintygomery Ward

National Cash Register Notioon! Duffers National Lead

New York Central Os Elevators Pacific Gas & Mechic Pacific Western 03 Pan American Alzweye Paramount Polures Philips Petroleum Pittsburgh Plate Clas

Race Corporation

Reo Motors

Republic Steel

Shell Oil Co.

Spot rubber unbaled Blanket crepe No. 1 pale repe

NEW YORK

Futures today closed 20 to 35 points lower with sales of 69

contracts,

Terminal

market activity originates among dealers and was presumed to be evening up

Prices of futures closed today operations before the long week- as follows:

Spot

24.25

33.57-58

end

holidays here and in the pri mary markets,

Factory buying in the spot market was practically non- existent, with two, three and four sheet offerings reported

plentiful.

No 1Rss were quoted at 31 cents a pound Futures:

LONDON,

market was

31.60.-

31.00

30.60

30.20

West

A total of 200 million marks is to be provided by insurance companies, while the remaining 250 million will be made avail able by comimercial banks.

FOA Assistance

For India

Washington, Apr. 6.

The Foreign: Operations. Administration announced today that agreements have been signed in New Delhi to

· help India procure 98,200 tons of steel for industrisi and economic development,

tons and 2 68.500 „chemical ferilliners.

of

The Foreign Operations Administration will spend $11,800,000 to help with the steel project and $15.351.000 for the ferti Isers, including a demons- iration project.

The announcement said the steel is to be acquired by India in the world' market on a -- competitive baai-United Press,

HONGKONG

STOCK EXCHANGE

According to the official an- nouncement. the Economic Minis- try has worked out proposals for 275 investment projects worth million marks, from which the insurance companies or groups.

can kong Stock insurance companies select these which they consider suitable to finance.

of

NEGOTIATE TERMS. Creditors and recipients of credits will have to negotiate credit terms among

themselves. The Ministry's proposals in- clude investment projects worth

million marks for basic in dustries and projects worth 90 million for processing Indus- tries. Its

185

provide for banks to be finerals for projects worth 120 millen marks for for basic industries, 60 million processing industires and 70 million for industrial water supply installations.

to

that of

(From Our Correspondent)

Business done on the Hong-

Exchange

this morning amounted to $1,200, $33.25, Noon quotations and the morning's transactions: SHARES BUYERS. SELLERS SALES BANKS

FK Bank .. 1540 1580

East Asia INSURANCES

Unica

World

Currency Depreciation

New York, Apr. 6.

Seven currencies experienced major deprecia. tion during the past four months, according" to Pick's World Currency Report.

New York Sugar

Market

New York, Apr. 6. World No. 4 sugar futres closed today unchanged to 2 points lower with sales of 36

contracts,

Domestic No. 6 sugar futures closed unchanged to 1 lower with sales of 138 wants.

Ibero depreciations were caused by "continued printing of banknotes, budgetary deficits and unbalanced foreign trade," Picks noted. The unsettled curs rency sta us was the cause of a black wide tree market or market trade in US dollars, It added,

Following are the percentage increases in the free market rate of the US dollar since last November: Brazil, 14 per cent; point Turkey 15 per cent; Colombia,

18 per cent East Germany,

37 per cent; per cent; Chile, Both markets ruled quiet with Formosa, 42 par cent end

evening up before the Bolivia," 63 per

cent--United week-end holidays.. Fu-Press.

traders .long

tures:

"Contract No. 4 (world)

May

July

Sept.

Mar.

May

Juis

Spot-(cents pez.ib. fob Cuboj.

Contract No. 6

May July

Sept.

Nov.

May

50 @ 1530 | Spot-(cents per To Gif NY

10 p 1550

210

B210

DOCKS

K.

...... 1010 1020 ETC.

12 @ 1000

Dock

Provident (D) *x All

... 11. BU S'hal Dock..

Wheelock

LAND, ETC.

HK Hotel

HK Land

Shai Land

Realty

UTILITIES

Tram

Yaunan Ferry

.......יפ א

7 @ 1005

500 2475

12 1500 **.11.50 ) 1.00

7.1071 600 7.20

17.00 1700 en 17 85 80 150

DOC

2.10 2.15 2000 a 210

ex-duty)

GHECHAR

6.80

20

Singapore Stock Market

Singapore, Apr. 7.

Brokers today quoted the

following stock prices

Opening.

Brikeh Borreo Petroleum

Syndicate

.30% 24

Consolidated Tin Smelten,

"Ordinary Area

5.43 Frazer Weave Lid. Ordinary

United Press.

London Foreign

Exchange

New York Mentreal Amsterdam

Copenhagen

13,000 @2.1214 Brussels 20.80 1500 2000 | PAPE

1400 20.70 Stockholm

West Marks Zurich

10%

C. Light (0) 18.10 19.30

C. Light (N) 14.20 Electric Telephone

35 35% 1800

ANOTHER PURPOSE The announcement gaid another important purpose the programmes was

contracts

bes establish direct tween firms and groups which wanted to invest, and the capital maricet, which is in need of

naine long term, means- INDUSTRIALS

Cement. X Al China Mail Special.

STORES, ETC.

LONDON METAL

PRICES

27

27.10

25.00 500 @ 2.80

3376

37.81

33.90 33.01

33.99

NEW ORLEANS Prices of futures closed today

May

July

Sept,

Dairy

as follows:

Dec.

Mar.

(N)

May

33.89-90

The

34.01

34.02

steady

33.50

LIVERPOOL

Prices: No. 1 spot Rs ...

Settlement house term:

24-251 per long son as follows:

Textile Corp. Nanying

Watsongen 15€ 23.80 6500

1000 # 13.60 500 1336

335 5.95

2000

0

May June July/Sept...

Jan Mar

3-month Copper spot Le 1st half General markets, cif beads, ports:

lat half July 30.90'

April

26% Zinc 1st heat 30.27-28 May

2014-2914 Ti 28-23

spct

109

buyer sellers

719 71916 2251 340- 3411

1043

Allied

COUS

5.20 6.30 4.90

1030

9.77-78 29.76-77 39.71

Future closings, American middling, in pence per lb. were

as follows:

May/June

July/ALK.

Oct/Nov.

Dec/Jan.

MAT/APW

quietly

No 1 spot Ass were

London, Apr. 6. L. Chawford 25.20

COTTONS All metal markets were steady quoted at 26% pence per lb. today. Prices closed in sterling

June. Estate crepe thick Apri

thin

AMSTERDAM

Cazade

SAO PAULO

Future closings, in cruzeiros per kilo were as follows;

The

was market

quietly steady. Prices closed in guilders per kilogram, CIF April as follows:

United Press

New York Foreign

Exchange

NEW YORK METAL-official

unofficial FUTURES

New York, Apr. 8. Prices of metal futures closed 2.55 buyers 2.54 bearers today in cents per lb. as follows. 251 buyers |Lead" April

30-day futures. 279 90-day fntures Australia New Zealand

401

64% July

884

October

2732

December

112

London, Apr. 6.

2.75-2.7516 10.85-19.657% 140.071-140.0m 18.4032-19.40

14.3535-146574 11.80-11.8014

United PreRS.

EVERETT

مشعا

Fraser & Neuvo Ltd,

cum, prež

Bangkong & Shanghai Ban- Corp. (Colonial Register)

Malayan Breweries

Ranies Hotel ....... Singapore Cold Storage South British · Ensure Straits Trading"

Steamship United Engineers

inque

Wearna Brothers Hongkon TE

Petaling Tin

txd sch) Ordinary

Batu Lintang Rubber Co.L. Kempen Layer =

Lunna

Rubber Estates

Bubber

New Berandah

LINES

EVERETT ORIENT LINE

--

10

1

Fast regular freight refrigerator

service passenger

Korea, Japan, Philippines, Indo-China, Siam, Malaya,

Calcutta and Rangoon,

Chittagong.

"BRADEVERETT“

Loading

Penang,

Apr 8 for Singapore,

Rangoon, Chittagong Calgutta,

"REBEVERETT“

Arrives Sails

In Fort Sails

22.30

28.00

No.

rubber

South Africa Belgium

New York, Apr. 6.

$1.01 11/18

27935 2.86-3.79

2.7934 2.2334 2,78 9/16 2.79

0138%

10.13

No.. 2.rubber

51,25

No. 3 rubber

14.270

sellers

(4) Mos 1 crepe

Zey buyers

United Press.

14.

Spot:

April

20.400

90.8

clone 101 9/16 39 101 21/32 low 1.01 9/16

1,01 19/32

1.01 19/3

Zinc

Apill

10.92b

MAY

10.255

Copper April

33.25

Miy

37.800

D-day 101 MAZ 10-day 1.01 10/18- 5-month 1.01 10/16

United Prest.

23.40

In the United States, the average price of 15/16 middling

at ten designated spot markets Saice at these was 31.25 cents. centres totalled 10,500 bales- 2014 | United Press.

US RUBBER CO. NEGOTIATION

New York, Apr. 6. Representatives of the United Rubber Company and the Con-

Exchange Rates gress of Industrial Organisa

ons United Rubber,

Cork

Business was done in the local Lincicures and Plastic Workers PENINSULAR

excharge market this of America continued negotia

unofficial

morning at the following rates:

7455

14

84%

U.S. dollar (per $1)

13

614 | Sterling notes (per £1).

Indonerian rupiah (per 100)

Siams leads (bet 100)

8431 Singapore (Balta)

Sinclair O

Босолу Уве

Bouthern Railway (Com)

Standard Brands

3914

deu

Standard Oil of California .. Standard Oil of Indiana Standard Oit of New Jersey

443N

Stokdey-Van Camp.

Studebaker-Packard Corp,- Swift & Co. TOM Co..

Union Carbide Unton Pacific Railway

Unitec Gas, Imp U.S. Cypru

US. Line Co.

Mr Benson had no experience US Rubber

twa

of crocodile hunting undil months awo. But he soon beczne adept-co much so that he and his companion, Mr Cecil Marn ing of Bulawayo, have bagged 75 in two months.

of

"One can make a fortune out crocodiles," Mr Benson said "An unlenished, first-class belly akin itches is 10d an

irch and £10 can easily

made out of the skin crocodile 14ft long.

મ

be

United States Smelting Us. Steel

Warner Bros. Westinghouse Electric Woolworth

United Press.

China Deal With Czechoslovakia

of aslovákia

Lendon, Apr. 6. China will supply. Czecho- with mineral and animal products, ⠀⠀ foodstuffs and To make the most of this ten under a trade and payments 1955, signed profitable venture one must be agreement for

#

Indo-China plastres (per 100)

More

5.80

tions here today in an effort to reach contract agrement to end

13.00 a six-day old strike against 19

27.00 tf the Arm's planta Unted

0.5 Press.

1.80

Mileage With Synthetic Tyre

Chicago, Apr. 6.

Standard Oil Co. of Indiana said today it will introduce a new auto tyre with a synthetic rubber tread that will give 50 per cent greater mileage, plus added safety.

hour

CUIS

Canadian dollar rate: «

buyers

Future:

1.01 43/84

101 43/84 United Press

“Apt, 20 * from Singapore,

Apr. 26 for Kobe & Yokohama, (Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawa)

EVERETT STAR LINE

Fast regular freight — refrizersfor service to Japan,

Persian Gulf. Malaya, Colombo, Bombay, Karachi' and '

(Subject to tidurement for direct cali Kores)

"THAI”

Arrives

Salls

& ORIENTAL.

STEAM NAVIGATION COMPANY

R.M.S. "CANTON"

SAILS:

NOTICE TO PASSENGERS

BAGGAGE:

Friday, 8th April, at 12.00 noon for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port. Said.

Passengers are requested to send ALL BAGGAGE to the Hongkong & Kowloon Wharf Co.'s Godown at No. 2 GATE, CANTON ROAD ENTRANCE, 'by, Noon on Thursday, 7th April. SPECIAL NOTE: With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must pass through the Wharf Co.'s Godown for loading on board by ship's slings only,

my said the tube- Standard The Company

said the new tyre less tyre has fread of viprene, was tested

against other it aid is an incredibly proznium tyres in continuous

driving at 100 males Synthede, Wipreme, it said, gives 50 per around a 30-mile adequately equipped, and this between the two countries, the cent greater milenge with

the track can be expensive. At least two New China News Agency res normal tread depth used in It said the other sets of t

other tyres. It said viprene beats falled to complete 100 miles EMBARKATION: Passengers should embark between trucks, two outboard motorsported today, 4

375 rifies and camping and In return, China will get the bea problem that deve without

at least one failure, sidaning equipment are necessaires products, machinery, actor lops in a tyre when the tread is The viprese tyre, it said, coste

and ary-costing £6,000 or so these cars

chemical made thick in an attempt to pleted. $1,000 days. China Mail Special.

give it longer wear,

failure United Press,

materials Reut

TOW

tyres

mites without

9:30 and 11.00am on Fr Amil 1955.

Apr. 17 from Singapore,

Apr. 17 for Koba & Yokohama,

“STAR ARCTURUS"

Arrives

Salls

Apr, 18 from Japaz.

Apr, 20 för Singapore, Fort Swet-

tenham, Colombo, Bombay, Karachi Khorramshahr, Basrah, Kuwait & Bahrein,

(LIMITED PASSENGER ACCOMMODATION)

"(Accepting cargo for tranzayment A Kobe/Pusan and Hobe/Okiumwa)"

EVERETT STEAMSHIP CORPORATION S/A (Inzerperated in the Bevabile of Panama

with Tâmited Liability) TRA Chinese Department: Telephone 28293, Queen's & Building, Telephone 31206.

MESSAGERIES MARITIMES

FO

Ballding #7 1; MU FAST PASSENGER/FREIGHT SERVICE

$1,87

$4.80

sailing Apr 9th ling May 29th

8th

FREIGHT SERVICE

MEINAM PETHO

salling May 12th