R.I.L.
ROYAL
Date
14 Port
In Port
2nd July
5th July
Bih July
16th July
22nd Jun⭑
25th June. 2nd July Til July hth July
Ship
"RUYS"
INTEROCEAN, LINES
"THWANGT
"TASMAN"
ARRIVALS
"TJTJALENGKA“
"VAN HEUTRZ
"NUYA"
Fram
8. America, S. Africa, Singapore &
Salzon
Macaisar. Java Poris & Singapore Djakarta & Singapore
Marassar, Java Pörte & Singapora Betawan Dell, Penang & Ringapore Заран
SAILINGS
"TJWANG?"
"RUYS"
"TARMAN"
"THTJALENGKA"
"RUYE"
Το
Hingapore, Jaya Porie & Macassar Japan Japan
Singapore, Java Ports & Japan
"VAN HEUTR2"*
18th July'
Manila,
Hingapore.
N. America
Macariat
#
Africa &
Agents: HOLLAND EAST ASIA LINE
ARRIVALS
Date
Ship
From
In Port 11th July And July
"KIELBRECHT"
"KIELDRECHT" "AANTEKERK" "AAGTEKERK"
Europe & Singapore. Japan.
Mid Auquet
To
Europe, & Singapore Тарыл
SAILINGS
20th June 13th July July
"KIELDRECHT" "KIELDRECHT" "AAGTEKERK” "AAOTERERK"
Find
Mid Autu
Japan via Manila.
Manila, Ringapore & Europe. Japan via Manila
Manila, Hingapore & Europe
EEKINGSEBUILDING TELEPHONESTELMİ 15FTO#280 198
Short
Danger Of
Term View On Shipping Policy
London.
The 94th annual report of the council of the Mercantile Marine Service Association was sub- mitted for adoption at the annual general meeting in St George's Hall, Liverpool.
The Lord Mayor of Liverpool presided at the meeting and the speakers included Sir Gilmour Jenkins, KCB, Permanent Secretary of the Ministry of Transport, Lieut-General Sir Gerald Hickson, KCVO, and Mr Lawrence Holt.
men
to
of
+
concerned leat the more rigorous attitude of some overseas courts should lead to an inequality of treatment for masters and off- recom- cers. The association mends that the powers of sus pension or revocation of certi restricted to the issuing authorl- ficates of competency should be
At the outset the council's re- port refers to the negotiations completed recently, which have resulted in pay increases, cal culated to cost the shipping industry several million pounds. The increases were graduated to provide incentives for your stay at sea and secure promotion. It is hoped that the -industry-may carry-the-ex-Attention Is directed to the
periment further and seek in this way to
to reduce the mun-power turnover.
Whilst a feeling of optimism
the prospect prevails upon
is the ng employment,
opinion that the Indus- is being governed by the chort-term view and that little is being done to establish the Industry on basis which will enable it to stand firmly on its collected. feet in more normal lines. With one quarter of dry cargo tonnage over 20 years of age and nearly one seventh of over 25 years ald, there is the danger of in unbalanced industry.
The council notes with
the relaxation of the inlegiving the
on German
try
t
restriction
some
and
tuberculosis amongst seafarers. It is sugges led that the adoption of mass radiography for serving asamen would provide immediate relle from the menace of this disease.
It is noted in the report that the number of seafarers who lost thele lives on board ship in 1950 recorded was the lowest ever since these statistics were
Steadiness
Returns To
Japanese shipbuilding, Since the NY Cotton
world shipbuilding capacity is estimated at three times the world building demands, the r entry of Germany and Japan into his sphere can hardly be
tover
first
New York, June 17. Collon futures closed Jast week on a note of steadiness justined AIR ADVANTAGE
after booming up and down
vor a range of $6 a bale. Attention is drawn to the Announcement of an' interim severe competition existing in new crop export allocation of the British coastal trade, where 2,500,000,000 Gates sparked the sub-standard conditions of pay mid-week covering movement and manning give an unfair ad- Traders expressed this when buying in vantage to foreign-owned vessels, opinion that Failing International agreement futures, develops upon ship- to acknowledge
stan- ment of export cotton, it might dards of pay, the council recom- tend to, support prices during mends the establishment of mini- the period of heavy marketinga mum freight rates. -
in late Summer and carly Au- Difficulties have teen ex-
trimn,
certain
than
perlenced in maintaining discip- A higher estimate un May fine on a few ships, and much raw collon consumption than trouble can be traced to contact expected, along with the higher with waterside workers in Aus- ruling of outside commodities tralia. Many masters have sug-I and the stock market, offered rested that discipline on board additional support as the week deteriorates rapidly after their closed. ships have been more
12 The crop news remained an months away
from home.
the
The favourable side. The man-power turnover in breaking of the recent and per- the industry continues at a high sistent drought in the Eastern level, and 38,085 seamen of all Central belt areas was accom- ranks
were recruited In 1050,panied by reports of favour- whilst 36,078 seamen gave up ablo conditions in
nearly their employment. Very nearly other sections of the belt half of those recruited, however, United Press
had had previous seagoing ex-
perience. In the cast of ships Rubber
officers there was net loss of 972 over the year. That is to say, 2,200 officers _left the sea, but there were only 1,410 recrulled as replacements. Ever since the war there has been a steady reduction
and it
то
The numbers certificated officers going to sea, permissible to wonder how much longer the industry can stand this withdrawal of key
In S'pore
THE CHINA MAIL, MONDAY, JUNE 18, 1951.
Australia Signs Trade Pact With Germany
Canberra, Juno 17. The Prime Minister, Mr Menxles today announced that the government had
trade signed
agreement with Western Germany under which Australia will import in the next twelve German goods
months
valued at £15,000,000, in- cluding machine.tools, ma- chinery railway equip. ment, chemicals, iron and steel.
Germany will pay Aux- tralia £10,000,000 annually for Items Including wheat, flour. fresh fruits, honey, milk producis, hides, skins, pearl shell and ores con- centrates-United Press,
HONGKONG SHARE MARKET
(From Our Correspondant)
Was
Business, done on the Stock Exchange this morning valued
$187,380.25. Noon prices and the morning's trans- actions:-
at
SHARES BUYERS SELLENS BALES GOVT, LOANS
31 (1940), 9315
BANKS
HKC Bank East Asia
INSURANCES
Canton
1400 1418
102
Bugbear Of Japanese Trade Competition: Problem For Empire
(FROM OUR OWN CORRESPONDENT)
London, June 17.
The Congress of the Federation of Chambers of Commerce of the British Empire has expressed deep concern at the possibility of revival of the fierce competition for world markets between members of the Com- monwealth and Japan.
This is a subject which has been worrying British businessmen for occupation some time, Very few people believe that the Allied authorities have succeeded in ending for all time the gigantic family monopolies in Japan which enabled that country to under-sell all its competitors before the war.
.
Delegates of Chambers of Commerce from allĮ over the British Commonwealth and Empire, who have been meeting here for the past week, are no less sceptical on this score. They say bluntly
Production
that industrial conditions in Japan will make it Maintained possible for her once again to "flood the world's markets with goods at prices which preclude other countries from competing.”
In U.S.
workers idle in labour disputes.
They foresee
Colombo serious | participation in the
New York. Juno 17. only serve to danger if Japan is permit-Flan would not
Work stoppages and re- give new impetus to the economic ted to join a general agree development of south Asia and strictions on materials ment on tariffs and trade, thus help minimize and oven threw a monkey wrench as the terms of that agree-tually eliminate Communist in into the machinery this fluence in this area but would ment would "prevent other
also
but failed to more give a useful outlet
to week countries from protecting Japanese industrial capacity. than dent the overall high Meanwhile, some people in production of business and 60 140 themselves by import re-
touch with Japanese ruling industry. strictions. quotas
and
elreles believe there are large measures to offset the low reserves of goodwill waiting to value in the same way as be tapped and that if the right they did during the inter-approach is made Japan would be ready and willing to enter war years,"
into agreements on the sharing They are of the opinion, there of world markets. But the Con- fore, that neither by the progress of Chambers of Commerce visions of the peace treaty nor by made no mention of this possible The garment strike was short- any other arrangement should the solution in its Report.
lived but 60,000 members of countries of the Commonwealth
the
o! American Federation STOCK EXCHANGE be prevented from
taking any
International Ladies Although the Financial Times Labour measures that may seem proper to them to protect their
Garment Workers were idle in index of industrial ordinary
New York, New Jersey, and shane from "the menace of Japanese decimal point or two of its all-Connecticut while it lasted.
prices came within a goods produced under labour time peak before
which few, if any sightly on Friday. conditions
falling back
Other stoppages the Stock wide
affected variety other countries would accept."
of Industries
rubber and bakory, automobile, aircraft. aluminium,
15-63
Union XI
705
MK Fire
130
DOCKS, ETC
N. Pt.
Wharf XD. 430 455 Dock
12 Provident .. 1011 Wheelock ... 2115 LAND, ETC.
IX Hotel
HK Land XB 2014 S'hai Land 1.15 Humphreys 022
UTILITIES
Tram
C. LIR
C. Light (B) XD Electric
1
500 ₫ 5.15
3000 € 1.30
1119 11.90 135 4 1124 2000 114
O G.10
3.00
5.75 0.90
23 2315 300 @ 231 500 234 500 234
Telephone.. 035 2032 INDUSTRIALS
Cement
.
10 3015
STORES, ETC.
121
1000
12
1000
10
300
Dairy ... Watson La Cawford. COTTONS
Ewa
Exceptional Quiet In Textiles
But, despite the growing Exchange has been rather quieter fear that Japan may force the than of late and investors have Commonwealth countries out of displayed a certain amount of markets which
they cannot hesitancy. afford to lose, there is general corcement
that the Japanese economy must not be disqualified under the terms of the peace treaty from all participation in world
To do that would labour troubles and, state of the
be tant 20 country, that would
amount to surrendering Japan to the Communists.
be to insent
In
the
were far as investors concerned the week's news was not altogether to their liking. The Persian oil talks got off to a bad start, the export figures for the first five months of this year chowed that Britain already had mp in its overseas trade La a wider cap
than for the whole of last year: and hopes that were entertained last week for an early signing of a Japanese peace treaty begon to dwindle.
The problem further "ged prices declined'stili
There were as many as 85,000
Largest of the stoppages was in the East's huge garment industry, crippled by ils first major walk-out in 25 years.
Material shortages continued to bring production cutbacks al some factories. Inventories made themselves felt in some Hines, while
оп some product was reported in lines supply balance with demand.
Foster Wheeler Corporation, heavy machinery manufac turers, sald materials shoriages tiveries from keeping pace with provented production and de- mounting sales.
EX-
Nevertheless a completely un- Lettered Japanese economy could
Extenalvo lay-offs were constitute a serious threat to the Commonwealth.
After a firm start they❘pected in the automobile indus-
try next month. therefore is how to give Japan reacted to the generous terms of
There is no defence work her
at rightful place in world trade the Mauritius Loan and the issue without giving it. unfair of 220 million of coal compensa-present which could even begin.
the Common-ton stock.
ated..
prices began to to take up the slack as car downward. Despite builders and large parts certain amoun; of profit-taking pliers are cut back the produc in equities, which slowed down Lion,
-advantages-over-- wealth countries.
one means by which Japan could be prevented from revert Ing
to her pre-war "dumping practices in Africa would be to her from further par- exclude
basic textile Treat in the Congo
The
Basin gilt-edged stocks and that on auto industry
MESSAGERIES
M
"FELIX ROUSSEL" "EPINAL".
ARRIVALS
Page:
MARITIMES
M
from Marseillem from Karopè ·· SAILINGS:
PASSENGER/FREIGHT SERVICE
"FELIX ROUBAEL" "LA MARSEILLAISE”
to Marseillan to Japan
"LA MARSEILLAISE" ....... to sfarselties
"AUBAY" "GRENOBLE" "QUISTREHAM" "MEKONG"
FREIGHT SERVICE “
-23rd Juba
· Oih - Juis
· Başa June '
11th Aug.
Rod ADE.
.N. Aftion & Europe 13th July ..N. Africa & Europe 31st July N. Africs & Europe 13th Aug .N. Africa & Europe Ith Sept.
for.
PORT SAID, TUNIS, MARSEILLES, ALGIERS, ORAN, TANGIER, CASABLANCA; HAVRE, DUNKIRK, ANTWERP & ROTTERDAM,
CIE DES MESSAGERIES MARITIMES Queen's Building
Tel, 26651 (Three Lings)
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via
SAN FRANCISCO, 'LOS' ANGELES AND' PANAMA.
NEXT SAILINGS
"CORONA"
M.S. M.S. M.S. "LEISE MAERSK”
June 20
“ANNA MAERSK”
June 30
July 16
ARRIVALS FROM U.S.A.
M.S. "GRETE MAERSK” M.S. "OLGA MAERSK” MS. “LAURA MAERSK”
June 29
July 19
Aug. 9
For Freights and Further Particulars please apply to:---
AGENTS:
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Pedder Building
Tel. Nos, 26661-3.
་
PATTISON ORIENT LINE
LIMITED
SAILING TO NEW ZEALAND
LOADING HONGKONG JUNE (22 FOR AUCKLAND & WELLINGTON,
S.S. "VALLES"
12-14 Queen's Road C.
was the comment of the rise in industrial share prices, Ward's Automotive Reports.
vield the
between the difference
Materials shortages in the were attributed New York, June 17.
some first-class industrial shares mainly, however, to the terrifle Exceptiona quictness per- sisted in all the
Congress of has again narrowed. But there production pace during the first NOTICE TO CONSIGNÉES markets last week. In Worth Chambers of Commerce proposes are no signs yet that the large half year.
Meanwhile, the stage was sat Street, colton grey goods pro- this action in another section of Industrial investors are prepared ducers cald that unless there is its Report. It says the precedent to step in and buy gilt-edged for increasingly tougher restric- a quick plek-up in business of 1919, when Germany and
stock in
In, proference to industrial tions on strategic materials, production wil be curtailed.
Austria were excluded, should shares.
especially in the steel and metal Overtime operations
be followed now in the case of Disappointment at the progressfelds. Japan.
the Japaneso peace dropped
treaty
The Government aold the lalks was reflected in the setback whole manufacturing economy in Japanese bonds, and most of
have Others Some mills.
double their are planning to usun! July holiday period lo two weeks.
of
CONSIGNEES FER
DARBEN LINE M.B. "TALLEYRAND"
BOTY allocations of strategic being discharged into the Hong. kong Howloon Wharf & Godown materials. That Includes con-
Co' godown where it will be at sumer goods as well as military | consignees risk and subject to the and defence supporting Indus-
What's terms and condition of storage, and where delivery may be tries.-—-—-Associated Press.
oblained,
COMPLEX PROBLEM This is not the first time the last week's gains were lost be- may be brought under compul are hereby notified that their cargo Congo Busin Treaties have fore the announcement that full reached raw cropped up in connection with agreement had been
Japanese trade competition. by Mr Morrison and Mr Foster Thirteen years ago, Mr Oliver Dulles revived interest and Stanley, then President of the reversed the downward trend of Board of Trade, said in Parlios prices, ment that the
Investors turned thelr atien- for complete col·
The weakness in the cofloni futures markets, plus the increasingly favourable out- look for a bumper crop and con- sumer price resistance. had o sobering effect all round. Cot- ton goods
wholestero
and
to some stocks which have
Jobbers continued to postpone pre-recently, tended to be neglected Metal Rationing
now purchases until the exist ing heavy inventories are wit- tied
reasonable down to A level,
Burlap trading remained im- of Inability mobilised because to operate at the new ceiling prices: Some handlers of raven finished goods feared that the commitments for Autumn will be malter, Particularly from distributor.United Press,
cluded differential treatment in Breweries came into favour on the matter of duties. It could
10 news of Increased beer roles, therefore, he said, not,
he said. be and there was more support for claimed that Japan's trade with stores. Rising costs and reduced these territories was contrary 10 profit margins were underlined the provisions of the Treaties
.
by
half-yearly dividend
an-
Japan in the cotton_piece goods Rubbers weakened at the end market in that area."
Welcomed
New York, June 17, Word that the Government This statement was made in nouncements in Kapirs, and will probably start rationing reply to an MP who expressed prices in this section drifted all copper and aluminium, as concern at the "inroads made by downward,
well as stoel, on Oct. 1 caused füle stir in the metals ID- dustry.
Producers generally welcomed the announcement,” saying complete allocation system would
relleve them of the ticklit job of trying to dolo out the arce metals fairly.- Associated Press.
But,
although the British of the week but teas, remained frm. Conditions in the oil Government now recognises the market were quieter than last
to revise these treaties to week. bring them line with
Into
modern
Exchange Rates requirements, it will be no easier
Busines was done in the local Unofficial exchange market this morning at the following rates!--
to do it today than it was in 1030. As Mr Stanley pointed out then, these treaties are only capable of revision by the agreement of all the signatories
cannot
be and
denounced 3.50 unilaterally by this country."
But, although revision of the the Treaties seems long overdue, problem of Japanese competi tion cannot be solved simply by taking away her right to trade in
Congo Basin on
on equal terms
Sterling note (per £1) U.S. dollar (per 1) Indonesia guliders (per 100)
15.75
Siam teals, (per 1007
Singapore (8traita)
FIC pinatres (per 100)
21.00
13.40
1.77
+11
W
Membership
For Japan
States Air Force, day difficulties when it says thne / altuation it
a
Damaged packages are to be left in the godowns for examination by Contaignees and the Company's sur veyors, Mesari, Goddard"& Douglas at 10 am. on the 10th June, 1961.
with the To comply
General Bonded Warehouse Regulations, con- signoes must have a Revenue Officer in attendance when damaged duti able goods are examined.
No claims will be admitted alter the goods have left the steamer's rodown, and all goods remaining undelivered after the 18th June, 1991 will be subject to rent.
All claims against the steamer must be presented so the Under signed on or before the 25th June, 1951 or they will not be recognised. No Fire Insurance will Ba effected.
DODWELL & CO. LTD. Agents.
Hongkong, lith June, 1001.
Tel: 25848,
The Hong Kong Countryside
Throughout The Seasons
by
G. A. C. HERKLOTS
$25 Second Impression
On sale at
Kelly & Walsh, Ltd.
and
|S. C. M. Post, Ltd. |HONGKONG & KOWLOON
Pacific Far East Line, Inc.
Fast Regular Trans-Pacific Service
DMECT
SAN FRANCISCO, LOS ANGELES
Washington, June 17. The International Row Materials Conference announced RECORD "ATTEMPT
that, Japan has become today with olher countries. The
member of its organisation IN HELICOPTER Futures Fargo, North Dakota, June 17. Congress of Chambers of Com- surveying the world
has been awarded a port problem, is far more complex and
than it was in 1938. The on the international committee cotton Lieutenant Wayne Exxert of merce recognises the present- the United look. off here today in an at-
The Japanese Government some countries need supplies has designated Taklo Oda, of tempt to set new distance and which Japan. can manufacture
the Ministry of International endurance records In a helicop~ and, that price in the
major Trade and Industry, as its te "OROROS. LUCKENSACK" ter...
consideration, M
presentative, materials,
"EDGAR LUCKENBACH" ven the raw Given Ha intends to fly to Dayton, Ohio, and posibly on to Pitta: Japanions Industry as the The Conferenca was net up
Ling
countries to survey the supply and (10- capacity to supply:
various "PHILIPPINE DEAR- la of south and southeast Asis with mandeltuation
seek. His-12-passenger 21.19 Sikőr, the capital goods feeded to pro-9ommodilics, and to sky machine czulsos at about 9pmote their economic develop-methods to increase production milos an hour in favourable ment. 3.14 has been suggested in and distribute equitably, acco weather. Reuter,
influential quarters that Japanese commoditiesAssociated Press.
Singapore, June 10. Prices of rubber futures closed Number 1 rubber, per Ib. here today as follows:-
June July August
Number 3, rubber, June. 151
· 16914-1918 139-140
-1
Number 2 rubber, June 140 -14 INQUIRIES ABROAD Number 4 rubber, June From a careful examination of got rubber, unhaled
hack crepe.... the proceedings of marine courts No. 1 pals crepe of inquiry, the association
Jufted. Pren.
burchak
DE OVERLAND·
NEW YORK/CHICAGO DETROIT-TORONTO MONTERAL AND ALL-AMERICAN & CANADIAN- CTEINS
Arriv
"GEORGE LUCKENDAGEN.
den Incisco Stratis
June
Máy
Straite
July
Ban Francisco
Aug
For full particulars onih United Giàtes Lions
Bison
Por twettenbein San Francisco de Las
San Franciaco & Las Angvies
-va Hobo, Nagoya di
Yokotasuna
General "Agentë, Queen's Balding, Tel: Mains