1955-05-25 — Page 9

J

Mental Health A Major

US Problem

1

San Francisco, May 24,

Mental health is a major problem in the United States.

At a recent Western Interstate Conference an Mental Health it was dicicsed that mental therapy required to treat the Increasing

number of the

Patlon's citizens who are in need

of it could cost over 1,000 million acilars (about £340.000.000 sterling) a year it the misney were available.

Mr Goodwin J. Knight, Governor of California, in a Speech opening the conference, told the scientist-delegates:

"One cannot escape the fact that mental illness is the greatest single problem in the nation's

health picture.

beds

by

"With 50 por cent of all hospital

occupied psychiatric cases and over

owding present in practically all of our psychiatric hospital facilities, the need for great knowledge in this field is obvious

to all

LEARN MORE

THE CHINA MAIL, WEDNESDAY, MAY 25, 1955.

COMMERCE SECTION

TRADE and

BRITAIN'S ECONOMY-1955 Kolar Mines May

NEW YORK Higher Living Standard

STOCK

MARKET

New York, May 24, Interest in stocks dwindled to a minimum today, holding prices in a narrow range and activity to the lightest level

оп

since last Oct, 12.

Turnover totalled

only 1,550,000 shares, 250,000 below yesterday.

All major

groups--the in- dustrials, rails and uities closed fractionally higher average and there were only a few special issues which moved outside the narrow range.

Wall Street chalked down the lethargy to the normal present hesitation after recent wide market swings and in absence of any fresh incentive- and to the advent of weather which arrived in. New York in carnest today.

Out of a total 1,187 issues "It is cheaper to keep a com- munity

appearing on the tape, 483 were "In

good health

than to provide care after illness sets in."higher, 446 lower and 258 un-

"We must

learn more about the cause of this.great health problem. With the development of preventive techniques which normally flow when causes are known, we will reduce the in- cidence of mental and emotional illness and handicaps

DR. H. Felix, director of changed..

the

Fecerai

the National Institute of Mental Health, an agency Government

the

told the BD

the 80 re-

of

the

warmi

Than Ever Before

By CHARLES LUCEY

London, May 24.

Ten years after World War II and four years out of the tight control of state socialism, Britain in 1955 is a land of prosperity and the shining happiness of peace.

A gentle spring has set cherry and almond trees in flowers, hedgerows are lush green again, the earth furrowed brown in new planting, factory chimneys are smoking and English hearts are lighter after years of pinching drudgery.

World Cotton

Markets

Cotton tinued to progrcks

Mcst Englishmen are at are pacing a new British chal- higher standard of living than lenge in overseas markets. The chemical industry has increased ever befort.

A record. 22 million are work- | productivity amazingly by ing. Unemployment, at annealy one-half in six years. almost irreducible minimum, is In Jower proportionately than the US.

A nation in which one of New York, May 24.

three houses was destroyed or futures today con-

was damaged by bombs make unusually slow two

new two million for the fourth session lagged badly

in a row.

Fluctuations were correspond-tiens lifted by the

as the rank and Government 700,000 ingly - narrow swingsfile of traders continued to are going up in the two-year where make wailing for new incen- 1954-55 period. points;tives. around!

market interest.

worth of

STEEL INDUSTRY

The total value of all that has Britain makes or supplies trebled.

Cotton Subsidy

to

Committee

ما

·

Washington, May 24. The Secretary of Agri- culture, - Mr" Benson, an nounced the establishment of an eight-man cotton export advisory committee

bim help

decide whether

#ubaldise United States cotton ex- paris in the new season starting on August 1

Mr Benson said the STOUD,

comprising pro- ducers,

And exporters textile manufacturers, will shortly to aid him in meet announcing

export policy "before July 1.′′

The cotton committee was named, he said, "to facilitate disposal" of Government-owned cotton thecoming marketing year. Emphasis will chiefly be on exports--Reuter,"

In

an

זי

HONGKONG

STOCK EXCHANGE

Be Nationalised

Bangalore, May 24. The Mysore State Minister of Industry, Me H. Siddaveerappa, has told the State Assembly:

| "It should not be difficult for us" to work the Kolar 'mines." (These are the British-owned mines situated in the Mysore Platean).

Socialist Opposition leader. Mr J. Mohammed Iman, agreeing with the Minister, called on the Government to take immediate steps to nationalise the mines. The stage had now been reached when it was impossible for, the Government to carry on with the companies, he added.

Mr Pattabhirammon, Indepen- This month, he said, he would dent member, said the Govern-discuss the Issue with the ment should "accept the com- ministers of the Union Govern panies, challenge and ask them ment-China Mail Special. to quit."

The matter was raised in the New York Sugar

Assembly when the Minister ot" Industry moved consideration of

a report of the Mysore State Govenment's gold mining com- mitice, set up nine months ago to consider the working of the

between 1949 agreement Government and the

companies involved.

the British

ROYALTIES INCREASE

The committee recommended a 100 per cent increase in the royalties payable by the com- panies to the Government.

Market

1

New York, May 24, World No. sugar futures to- day closed 2 points lower to 1 point higher with sales of 10 contracts.

Domestic No. 6 sugar futures. closed point higher to 1 point. lower with sales of 133 tracts,

con-

There were two main facets of built the socialism fastened on Eng- dwellings. land by a Labour Party victory under in 1945-the welfare state and controls; with restric-nationalised Industry. CHEMICALS SWING

World futures ruled quiet and Churchili

mostly featureless. Dealers new units The welfare state remains

Mr Siddaveerappa said that if understood that Holland yester- Some of the biggest

diverted into the structure of

the Assembly felt the 1949 day bought 4,000 tons of Cubas came in chemicals

agreement was hot in the in- Monsanto

British line and will stay there. gained 2

The Conservative Government

terests of the State there was pound, tob.

at a price around 3.38 cents a Allied, Dow and Du Pont

News of The U.S.-Itálian

(From Our Correspondent)nothing to prevent them inter- not only

has accepted the a point each,

accord en farm surplus deal

In domestic raws, dealers re- fering with it by means of suit-ported- grave Among steels, Bethlehem and involving $50,000,000

principle The basic steel industry, freed cradle-to-the

Business done on the Hong able legislation."

limited offerings of Armco fell 14 points

Stock Exchange this

Philippines: for late May arrival while US Steel improved frac-buy 200,000 batas, highlighted servative Party victory late in economic security but claims to morning amounted to $699,390. Afference of opinon in regard positions held at 6.05 cents a

The Minister said there was no each raw cotton, a sum sufficient w from nationalisation by the Con- of a state guarantee of life-long kon

at six cents with sugar in late have thought of it first. More Noon quotations and the morn 1951 and now being restored to More favourable crop news,

private ownership is expanding over, the Tories have cleared up

and modified the national healthing's transactions: pointed up by the Government's its capacity to double that of plan, washing out almost fantas- SHARES BUYERS SELLERS SALES weekly summary..

along with prewar

tie early abuses. Such

newe industries 25 renewed quietness in the tex- tile markets, and farm legisla- chemicals, autos, and electronics Lion uncertainties, dealing with price supports and export sub- sides, cooled aggressive buying interest.

weekly substantially improved progress in the main belt during the week following generous rains.

BestCUP

presentatives of Governors the eleven Western states, law- makers and professional men, that

Post: of providing adequate care for victims of mental illness could hardly be estimated.

THE care

individuals Honally. afflicted with dementia praecox North American Aviation, up has cost the nation's taxpayers more than 2, and Douglas, more 'more than 700,000.000 dollars, than a point higher featured (about £240,000,000 sterling), their Dr Felix said.

the ralis came gains in "We know,"

he added, "It outside the average group cost another 400,000,000 where Missouri Pacific pre. dollars to

500,000,000 dollars ferred rose more than 3 and more before these patients die. Northern Pacific almost a point. That's a lot of money to spend Activity centred in F. Jacobs, and get nothing back except a 4 to 59: Sunray Mid-Cont. corpse."

up to $23 and Common patient who enters wealth Edison, up 2 points to United States. mental health $41, the last responding to a hospital under presen: conditions dividend increase. has only a fly-dity chance of emerging alive during the first year. Dr. Felix sald

will

a

"The odds are 18 to one against him getting out alive he is there two years, and after five years, it is better than 99 to one against his walking out

well man."

THE REASON

-The reason for these long odds for cure and survival of mental hospital inmates in the United States is probably the fact that administrators of such hospitals are just

new beginning to receive sufficient funds to use modern humanitarian hopital methods in caring for and curing patients.

tion

Reporting on the modernisa- programme of the mental health programme of Kansas State, Dr George Jackson said; in Kansas a few years ago were not unlike those in many

states of the Union,"

*Conditions

other

Enumerating some of changes which have been made in the administrative plans for the operation

of the Kansas

Up

The Government

summary

cotton

noted

World Rubber

."

Markets

At the close the list ruled up to off 2 points. The market up 3 points. was $3,- opened off 2 to

New Orleans closed up 5 to off with little 4 points.

The New York Stock Ex- change bond volume $20,000.

The American Stock Exchange volume was 880,100 shares.

"

Trading volumes interests in the day were:

NOT ANSWER

Nationalisation of industry has been a vast disillusionment 10 many of its old adherents. It is' plain now that nationalisation cannot be the Socialists' easy panacea for the country's prob iems. Had it not been for pressure from the leftist Ancurin Bevan wing of the Labour Party, prob- Singapore, May 24.

ably little would be heard of it The rubber market, was quiet!

Railroads and coal, the chief inclination of trade nationalised industries, were on with small Australian accep- bargain for Britain under pri- and open tances. Futures:

vate ownership. In coal. Exchange to-

for No. 1 rubber per 15. June 914-91 especially absentee owners

July 91-91 years had taken everything out Aug. usqucted of their holdings that could be No. 2 rubber per lb. Jure 89-taken; No. 3

Little

to was done 872-88 35-2534

modernise mines and maintain 024-921% production. Today. coal and 31-42

railroads may be doing as well 90-99

or better under Government operation than if they had re- mained in private bands.

No. 4

**

Spot rubber unbaled

NEW YORK

YESTERDAY'S PRICES

Month

Volume

Open interest

Alden Inc. Acy.

$23

July

2,700

324,300

Allied Chemičnis

112

Oct.

8,200

$89.200

Alted Mills Inve

Dec.

17,500

519,200

Allis Chalmers

123:

Mar

4,200

221,900

Anterican Airline

26:

May

5.200

234,000

American Cyanainide Co.

July

800

..15.300

Blanket crepe

American Melal

024%

Total

59,700

No. 1 pale crepe,

2,206,000 baler,

America Smelting

48

American Tel & Tel

284 1/7

NEW YORK

American Tob. "3

Anaconda Copper

GO5%

today as follows:-

15

Spot

34.85n

Futures today closed 5 to 10 points higher with sales of 9B contracts.

July

34.00

Get

34.20

Dec.

34.23

sides of the

Mar

34.18

May

34.27

July

33.69

Annco Sicel Armour

Badwin-Lima-Ham.

Baltimore & Ohio

Bendix Aviation Corp.

Benguet Cons.

Bethlehem Steel

Boeing Airplane Borden (The) Co. Burroughs

Canadian Pacine R.

Case (1.1) Co.

C. I. T. Financial Corp.

Cuban Amer. Sugar

Prices of cotton futures closed

NEW ORLEANS.

Prices of cotton futures today as follows:-

་་

NEGATIVE STANDARD

But this is a negative stand- Trade interests were on both ard the fact is, coal production market. The is a major national disappoint- smell trade included exchanges ment. There are constant plead- of Sept./July "contract points and May/March at 35 points. In addition, ten lots of closed Sept, contracts were exchanged

"

34.00 34,0%

74.22

11.20

21.34

for physical rubber.

dre

at 15 ngs from London to get out

more coal but the miners often adamant and slowdowns are frequent Coal is vital for powering all British yet in 1954 the Pastenallised mines were able to produce just The spol market were described

one quarter of a ton per man RS "fat" withles

more than in the previous year. business at standstill No 1 Yet everyone agrees the egg that rubber sheets were quoted 31% is coal cannot be unscrambled cents a pound, Nominal, Futures; as was steel; the process

gone too far.

Chase Nat. & Mar

Chrysler Motors

Colgate-Palmolive Co.

Spot

Commercial Credit

5415

July

Commonwealth Elec.

4226

Oct.

the

Consoldiated Edison

Dec

Continental Oil of Del.

7937

Mar.

Continental Steel

May

Crane Ca

July

14.28 33.84

Crown Zellerbach

SAO PAULO Future closings, in cruzeiros per kilo were as follows:

July

July

Och

29.80 2030

March

Des

25

951

Mar.

30.10

Moy July

May

32.10

LONDON

The market

institutions, he continued:

"Activities are plazmed to it into the hospital's plan for treat- ment and rehabilitation of each individual patient Instead sitting on the ward and rocking all day, the patients are now busy at cccupational therapy, recreational therapy, Industrial therapy,

therapy,

music other prescribed activities.

have "Programmes instituted to re-examine

"

mentally

Curts Wright

Dupont de Nemours

Exsimman Kodak

El Paso National Gas

General Electric

General Foods

General Motors

Gillette Safety-Razor

Glidden Co... Goodrich (B. F

Co.

Interchemical Corp.

Goodyear, Me...

and

Homatake Mining Co. Inland Steel

been all

and

patients, both physically and plan for their treatment accordingly.

"Many patients have seen dentists for the first time and are now able to

eat properly. with

Others have been fitted glasses, so that they may enjoy reading, viewing television, sew- ing and other activities.

SOCIAL LIVING "Patients' canteens are in operation....where the patients may learn more of social living. Emphasis is being put on the importance of personal.... ap- pearance to the mental attitude of the patient. Men are given haircuts and shaves regularly. Women make regular trips to the hospital beauty shop.

Laundry

and dry clearing facilities have been expanded so clean clothes may always be available,

It' Business Machines Int'l Harvester

Intemational Nickel

International Paper Inti Tel 2 Tel

John-Manville, Co. Kennecott Copper

gett Meyers Tob. Co. Lockheed Aircraft Loews Incorp.

Lone Star Cement

Louisville Nashville R. Minnesota Mining Monsando Chemical Montgomery Ward National Co Reg. National Distillers National Lead National Steel Corp. New York Centra Otis Elevators Pace Gas & Elec. Packle Western Oil .... Pan American Airways Patrimoni : Pictures Parke Davis Co. Peony JC. Co. Philkos Petraietan Procter & Gamble Co. Pittsburgh Plate Glass Radio Corporation Reo Motorn Republic - Steel Shell O Co.

60%

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

St34 cotton

September December

at ten designated spot steady. No. 1 markets was 33.66 cents. Sales quoted at 27%

at these centres totalled 6,909 Prices bales. United Press.

LONDON METAL

PRICES

London, May 24. Prices of metal closed today in sterling per long ton as follows: buyers sellers 7t5"

Tia spot

3-month Copper spot

3-month

Lead and half May

2nd half Aug. Zine 2nd half May

71434

718

717

3341

絶望す

318

21614

100%

104

10312

DOL

31.30

31.10

30.78

30.1

was quiet but Rss spot were pence per 3b.

41

22

Settlement house 'term:

July

27-2724

Auz

Sept.

July/Sept.

Oct./Dec.

Jan./Mar,

BANKS

.. 1570 1836

24

HK Bank East Asia INSURANCES Valon X AL Lombard... Underwriters

XD

SHIPPING

Asta Nav DOCKS, ETC.

K. Whart Dock

9.00

790

71 Provident O 1290 13.20 350 LAND. ETC.

21.40

.4300

19.90

to the gold mines between the pound. Futures:

Central Government

and the

State Government

Contract No. 4 (world) July Later the State Assembly Sept. Mar. unanimously approved the re-

May commendation of the gold mining July committed.

Sedi.

A

resolution was

passed urging the Government Spot-cents per b. fob Cuba) to "take such measures as they Contract No. 4 may consider necessary in the July

Sept. interests of the State."

Mr K. Hanumanthaiya, chie! Mar Minister, mold the Assembly that May

Government take action without loss of time.

Nev,

proposed to Spot-cents per lb of NY

ex-duty)

1000

23.41 13.10

he

Cersent

**

HK Hotel: 17.30 17:80 HK LAC

68 69 Humphreys Ru Realty UTILITIES 2.05 2.10

Tram 22.10 22.20 300 22.20 "Star

139 143. Yumati Ferry 116 118 C. Light (0) 19.70 18.30 2000

C. Light IN) 13.40 13.80 700

1000 in 1516 Electric ... 39% 30% 200 3334700

29.80 29.80 €000 W.

503

300 09

19.74

13.80

EVERETT

2000

Rope STORES, "Prc.

153

Dairy

23

13.10 1814 -200 @ 11.30

Watson

$0.80

L, Crawford 20.30 COTTONS

Textile Corp. MISCELLANEOUS

Yangiere Allied

5.65 91% 5000 @ 3.70

0.33 614 4.20 £3

Singapore Stock Market

Singapore, May 25, Brokers today, quoted the fol- has lowing stock prices:

Any accounting of Britain in must re- the postwar decade

Labour gard the fact that the Party came to power in 1945 at an almost incalculably dit- cult time. The havoc of war had left the nation exhausted, its economy crippled.

When the Conservatives came to power their whole approach Britain's massive of meeting economic problem was to give 2424-27 private industry its head. 243-2011 The change was one of mood 26-27 and emphasis. In housing. for 283-25-4

the Labour Govern- 25%-25%

example, ment had said the railo of 201-263% publicly built and subsidised 281-264 houses to privately built dwell- ings should be four to one. It decreed no one could build his own home privately unless he had Government permission. The Conservatives did

the. Government

General marketa, cif basis, ports:

Jure July

Estale crepe thick June" 2324

thin

28% -United Press.

13New York Foreign throw

By

2nd half AusUnited Press. NEW YORK METAL FUTURES

Exchange

New York, May 24,

$2.01-17/32 2.79-7/16

out

not

Batu Lintang Rubber

Borneo British

Syndicate Consolidated Tia

Ord.

May 25

Opening Co. ... $1.60 Petroleum

wj 30/0dxd Smelters

30/-

81.70

$8.55

Fraser & Neave Ltd.

Ord

Fraser & Neave Ltd.

1% cum. pref Hongkong & Shanghat Bank,

ing Corp. Hongkong Tin Lid." Kempas Ltd. at Lunas Rubber Estates Lid.

Malayar. Breweries

New Serandah Rubber

Lid.

Fetaling Tin 145. Raffles Hotel .. Singapore Cold Storage South British Insurance

LIL Straits Trading. Btraits Steamship United Engineers Uzd. Weare Bros.

United Press

LINES

EVERETT ORIENT LINE

Fast Regular Freight Refrigerator. Passenger Service

Lading for Singapore, Penang, Bangoon, Calcutta and

"REBEVERETT

Chittagong-

"NOREVERSTT**

"ERADEVELZTT**.

"LENEVEKSTI""

ÁIT. Juge 2 -- June 27

Solis Jime 3

July 11

- -

Jume. 28

July 12

July 23

**** July 24

Loading for Kode, Oraka, Nagoya, Tokohama.

"NOREVERETT""

"BRADEVERETT”

“LENEVERETT

“REBEVERET

ATT. May 31

Sails June -- June 14 -- Jame

June 26

June 2 July 26 - July 25 LIMITED PASSENGER ACCOMMODATION.

-All the above subject to alteration wilźions notien.

EVERETT STAR LINE

FAST REGULAR FREIGHT REFRIGERATOR SERVICE

Loading for Shagapore, Part Swettenham, Madras, Colombo, Bombay, Karachi & Perdan Gulf Port

"STAR ALCYONE"

*STAR ARCTURUS"

Arr, June 1s

- July 13

July 31

Aug. 22

Sats June

--Juży www Abg.

-- Sept..

Loading for Kebe, Ozaki, Nagoya, Yokohama.

- July 2 - July 1

July 20 - July 2

*ITAK BETELGEUSEM

**THAI"

Sept.

.2

Arr. June 12

Aug.

Salis June 13

-EAO"..

$1.72

“STAR BETELGEUSE"

$28.00

*STAR ARCTURUS” - *THAI

- Aize.

6 - Alg. 28

-- Aug. - Aug. 29.

$10

$13.50

$11.00 $2.67 -China. Mail Special.

London Wooltop Market

London, May 24. Wooltop future market tended easier today but the turnover was only 3 lots and movement had little significance. Futures:

housing programme, But they" said let private buliders get busy, too, so last gear, 90,000 private dwellings were bust,

THING OF FAST Rationing of food and cloth 2.78-3/16ing Is a thing of the past. July 2234

Stores generally are stocked." Sept. 2.7814 2.78-13/16 No longer do English, house-Det

In wives stand all morning United Press,

grocery queues, but they and Ker. their families stand willingly. May July often in hundreds waiting for sept. admission to cinemas.

Canada England-official New York, May 24,

30-day futures Prices of metal futures closed

90-day futures ... today in cents per. ib. as follows: Australia

14.306. New Zealand 14,00 South Africa 50.756 India

Sinclair DU

Socona VacuLTI

Southern Railway Com.] Standard: Brend

Lead May

Juve Tin May

June Zinc

May June Copper May

June

"Patients are now being served. Standard Où ĐI CH food that is nutritionally ade- Standard Oil of Ind.

quate, properly, prepared,

Standard Q of NJ,

at-Stockley Van Carep

tractively served and psycholo~ | Studebaker Packard Corp.

gically satisfyingTM

Swis & Co.

Texas Co, Union Carbide

This programme seems to have produced constructive results. Union Pacie Railway

"Of the patients admitted to Unked Aberatt

US. Gypsum our Kimses mental hospitals for 7.3. Line Co. the Arst time in 1953," Dr Jack-US. Rubber

on said, eighty-two and two US Smelling.

US Steel

tenths per cent of them had left Warner Bros.

the hospital within 12 maths | Westinghouse Mertrie of admission.” China Mall Hot Va. Pulp & Paper A Special

90,800

11.200

11.245

38.75

58.15b

United Press......

London Silver

Prices

-London, May 24.

2008

London Foreign

Exchange

New York Montreni

4 The price of silver, was today Brussels

quoted at 78% pence per fine Lisbon Gunce for spot #rick 78% per fine Stockholm bunce for forward. (against West Marks

Zurich ~78% and 77% pance yesterday.).

-United Uress

Press

There are many evidences of Britain's better living.

Sports draw big crowds and

11644-317 12312-31575

11814-11845 118-118 1179-218 11712-11735

117-1177 117-1271 112-1177/

11835-117

United Press.

*STAR ALCYONE”

- LIMITED PASSENGER ACCOMMODATION.

All the above,enbject to niteration without notice.

EVERETT STEAMSHIP CORPORATION SĨA.

(incorporated in the Repaḥile of Fazzma with Limited Ebay) Chinese Department: Telephone 28293, Queen's... Building, Telephone 31206,

MESSAGERIES MARITIMES

P.Q. :Box 53 : Queen's- Buliding:T-1: 20657 FAST PASSENGER/FREIGHT SERVICE

nearly everyone - has a couple Exchange Rates "LAOS”

London, May 24: of shillings to bet on something

-2.39-8/10-2,793%||

Never Busincas was done in the local runting at Newmarket. 2.73-1/78-2.753

were odds so short on being unofficial: exchange -- market 339.85–223.2T1⁄41⁄2.. 60,05-80554 run down by a £20,000 Rolls morning at-the-following ratsa:

PU:S.--dollar--per-Si) Royce. Despite record auto out-sterling notes per pure still must wait In Indonesian rupiahs (per 100) months for some kinds of cars, slam ticals per 100). •*

Stmapore "(Stratio) videoZDAYTON Calted, Press.

Indo-Ching plastres: (per: 100}}

344735-14.30;

11.795-11,75

Others

·were "unct

12.2356-22.233)

nged United

330

"VIETNAM”

કમલ

sailing June 20th sailing July 17th

FAST-FREIGHT: SERVICE

"BIR HAKEIM”. LIMEKONG"

Bailing June 29th selling July 9th