MESSAGERIES
MARITIMES
MO M
ARRIVALS
"LA MARSEILLAISE"; from Kobe, & Yokohama "MEKONG":
from Japani BAILINGS
PASSENGER/FREIGHT SERVICE
"LA MARSEILLAISE" "FELIX ROUSSEL"
“QUISTREDAM”
“MEKONG"
"MEINAM”
21st Apr. 20th AUF.
to Marseilles vla Manila 22nd Aug, to Marseilles
15th Repl
FREIGHT SERVICE
N. Africa & Europe 17th Aug, .N. Africa & Europe 28th Aug. .N. Africa & Europe 27th Sept. for
PORT SAID, TUNIS, MARSEILLES, ALGIERS, ORAN, TANGIER, CASABLANCA, HAVRE, DUNKIRE. ANTWERP & ROTTERDAM.
CIE DES MESSAGERIES MARITIMES
A LIMITED COMPANY IN CORPORATED IN FRANCE Queen's Building
Tel. 26051 (Three Lines)
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON. BALTIMORE & PHILADELPHIA, via
SAN FRANCISCO, LOS ANGELES AND PANAMA,
NEXT SAILINGS
M.S. "OLGA MAERSK”
Aug. 17
M.S.
"LAURA MAERSK"
Sept. 5
M.S. "HULDA MAERSK"
Sept. 14
ARRIVALS FROM U.S.A.
M.S. "TREIN MAERSK"
Aug. 30
M.S. "PETER MAERSK"
Sept. 14
M.S. "NICOLINE MAERSK”
Sept. 29
AGENTS:
For Freight and Further Particulars please apply to:-
JEBSEN & CO.
Pedder Building
Tel Nos. 86066-9.
THE CHINA MAIL, THURSDAY, AUGUST 16, 1951.
ANOTHER Fabulous New Oilwells
EMBARGO "POUNCE”
Washington, Aug. 15.'
The United States, today cracked down on imports of goods from Communist China that are "processed" in other countries to, escape the United States embargo,
Tho Treasury Department's Customs Bureau was instructed to probe further into imparts of any articles originating in Com munt China or North Korea сусп it they passed through another Country where the manufacture of the goods wor completed.
It' was learned that many of much, articles were entering the United States under disguise of non-Communist-products-filter-- Ing through Hongkong, Macao, Britain and Italy. The Treasury said among the goods which will be affected by the crackdown are Chinese fur skins and strow braid,United Press.
In Alberta Inviting British Investments
Belated Trade Agreement
Bonn, Aug. 14. Itritain and West Ger- many will next week sign belated trade agreement valid from April to De-
tills year. cember authorlailve source kald here today. The agreeme will "llow West Germany export to Britain. a 12- month rate of quotas in the nine-itoniks perlod while Britain will limit her exporia to six-months quola ralo
to
#
Reater.
Marshall Aid US Shipping
Loan
London, Aug. 15.
A Marshall ald Joan of £3,000,000 to develop a new source of copper and cobalt in Northern Rhodesia wan an- Economic nounced today by the Co-operation Administration Mission in Britain,
The loan has been granted to the newly incorporated Chibu- luma Mines Ltd., to equip and develop a high grade copper- cobalt ore deposit about six and a half miles west of Kitwe near the southern border of the Belgian Congo.
Production is planned to start in 1956 from ore deposit reserves estimated at 7,300,000 short tons,
the When in full production mine is expected to yield about 16,000 long tons of copper and 500,000 lbs. of cobalt annually. Reuter.
America Planning Free Imports
To Scour
For Scrap
Korea Metals
Washington, Aug. 15..
A government-industry team is en route to the Korean battlefields and other parts of the Far East to look for scrap metal to keep United States in dustry-expanding..
Officials said the mission will see whether damaged tanks, jeeps and other military material in Korea could be used to augment the emergency scrap collection drive now under way in the United Stutes..
Defence
Production
Ad- machinery or parts. Mr Bar- Fleishmann ringer said 'special' efforts were ninistrator Manly warned that success or failure being made to get more out of of the programme to increase motor car wrecking this year,
Is the which
KCS! Ou
source of America's steel producing capa-
said: "They are elly depends on the scrap drive.
quick scrag. our iron mines above ground. Edwin Barringer. executive They will yield 1,000,000 more vice-president of the Institute tons this year than last year's of Serap Iron and Steel, sald figure of tout 2,000,000 tons, A he was confident the drive will drive among farmers for dis- reach its goals.
carded agricultural machinery ...is expected to turn up 1,500,000
tons.-United Press.
Mills use half a ton of scrap iron for every ton of steel they
make. Although they are getting enough scrap for current pro- need to lay up stocks for win- ler, when collections fall aft Although
duction, Mr Barringer sald, they NY. FOREIGN
Live
to
bad weather.
It is hard to estimate how much serap will be found in Korea, 500,000 fore should not be an excessive figure. In
the South Korean Goud
had offered 100,000
Of Silk
Line Gets Uneasy
Edmonton, Aug. 15.
ROYAL
ZIJAT SHOZDAN MENDOZAKO
Dale
19th Aug.
ist Hept
Mr Norman Tanner, Alberta's Minister for 24 ADET Mines, today said he was convinced they had only just scratched the surface of that province's fabu- lous new oilfields-“ond I would like to say there t is plenty of room for British capital."\
Large sums were needed to develop these all résources in the interests of Canada, Britain and the Commonwealth, he said.
+
In 1947, the year ofl won struck in Alberta, Canada wen Importing pa por cent," of her oil, •
"Today we are able to pro- duce 40 per cent. of Canada's re- quirements," said Mr Tanner. "And if dovolopment is carried on at the same relativo rato, and with comparable success, wo should be producing sufficient of to meet Canada's requirements by 1950."
The Minister spoke of the possibility of British capital being invested in the develop ment of that vast sedimentary basin in Northern Alberta where oil sands abound. Gil, he said, had been found in 30 Wifferent areas of Alberta,
NEW TOWN
San Francisco, Aug. 15. A revival of Japanese ship- the terms of the ping under
Visitors to Leduc oilfield are proposed Japanese peace treaty
increase United States amazed at its cleanliness, havlag will
Eastern trade, regard to the millions of gallons in Far Jossos according to oficials here of of oil extracted Holly, with the American President Lines. hundreds of wells.
$9
The forest of dericks expected
The American President Lines
the main United States ; does not exist. The oll is drawn shipping line plying to the Far off by underground pipelines with hardly any interference to farming activity.
East.
necessary.
Lake
the
Д
Chan-
Far Eustimons by Mr Nigel Fisher (-1
HONGKONG
SHARE MARKET
(From Our Correspondent)
6th Sept "Din Sept.
Rept
20th, Aur. 231 A
Abio
ARRIVALN“
From
MEJITJALENGKA” Marumar & Java, Porta "TASSIAN"
..traban HIGIENEVAINe, Mauritius & Ringere
*TJEBAN
Macassar, Java Porte & Ringaporn Stralis & Belawan Belf
"STRAAT ROENDA", B. Amerlen, 8, Africa, Ringapore, &
“TJIWANGJ
*VAN BEUTAZ"
“TJISADANE"
“TASMAN" „BOISSRVAIN"
2801 Ang.
4th Sept.
**PLIWANGI"
7th Sept.
*VAN BRUTAZ"
11th Sept. «rd" Sept.
Dite
In Port
16th Sept. Bild Bept.
Mata
“Japan.
BAILINGA
Singapore.
Senitale.
Turrhop:
pjakarta Belawan Dell Miulla, Alagadner, Big
Amuries
SiRapore, Java, Carly Rabenkar Vakoliama & Japan Paris
Singapore, Java Ports & Macar Japan Porta
"ATRAAT FORNDA" Inpan Ports ~TIHADANEMALAY
-Manila,' Bingapore. B.. Africa, &
America
Agent HOLLAND EAST ASIA LINE
STAR SARRIVALS-LE
Shir
Angan
TALA
"ALMI "ПООПКЕПК 2nd work Ors; *NOOQKERK"
18th AUD
Transactions on the Hongkong Stock Exchange this morning ware of a total value of $109,858, The volume showed a disinet fall compared with the last nine days. LIFE AUF. Hotel shares held greatest attran- 17th Sept.
and thero transacticas Nid Bap stalling 3,000 chores were regit-tad work Oct
zered
at the slightly reduced price of $5.80 per share. Noon quotations wer::
10:00
BHARKS BUYERS BELLERS BALER BANKS
HK Bank
East. Asis INSURANCES
Union L Underwriters 350, 4.10 JIK Fire SHIPPING
Asia Nav. DOCKS, ETC.
K. Whare.. N. Pt. Whart 8.30
Dock..
Provident
S'hal Dock Wheelcek
IK Ilotet
A
DAY -
1.10
. 5.00 4.00
S'hai Land. 1.10
_Humphreys
ám
Tram_XD Star Ferry C. Light C. Light
C. Light (D)
The officials, who have been
at a Govern- In the middle of the oilfield giving evidence mint enquiry Into the Lines' reporter visited the town of claimed Devan, which has sprung up in. need for a subsidy,
further losses through four years on an open prairie that
would to house the alimen, With 250, LAND, ETC. competition Japanmo
it gecommodates make a Government subsidy prefab houses, it
1,200 people, and has an hotel, cinema, churches, garages The Lines' Assistant Freight shops, gas, elected phones, Manager. Mr Stanley C, Holmes,
supply, and telephones.
Editor sold that the company threa The Daily Mail Cly Jiners, tened to
writes: Mr Gaitskell, the President Wilson and President cellor, was asked in the Cleveland. off the routes
not get a Hitchin) whether subaldy
for to mako good the make dollare available
in losses through foreign coin-British capital investment London, Aug. 18.
Alberta oll development. Britain will allow free import:
He aid. "Yes, if I am sati ned of silk yarn and most silk The Government position was that a sufficiently good caso manufactures from many soft that the company
had little exisis," American Pre- currency areas under an exten- competition.
Actually, this year three lots MISCEL
Entertainmeni sive
order siden: Lincs lust $5,152,179 in new liberalisation coming into force next Tuesday, Eastern trading between Janu- of investment in Canadian Oll it was officially announced today. my,
The soft currency areas con- cerned include Western Germany and all other non-Communist European countries.
Other items which may in future be imported under open
general Hcence include dressed had imitation leather, Iron and Acel buckets, some fully rigged shing nets and electricni bouse-
hald clocks.-Reuter.
petition.
if they did
May, 1947, and officials claimed.--Reuter.
1931,
Technical Aid For India
New Delhi, Aug. 15. India has secured the services of nine American experts under President Truman's Point Four to under- programme of mid
New York Stock developed countries,
Exchange
have been permitted.
100 @ 13%
1,
MÄARTEKERK" "ALMKERE” "ALMKERK" "'!.
Rumpè'
Зарап
From
Кагора 4 Singapore Japan
SAILINGS
∙Manita, Sloxapota & Europe
Japan via Manila
Manila, Singapore & Karoos Japan via Manila Mantle, dingapore & Europe.
...
KINGS BUILDING BLEPHONES)
GAUZA NEAGU SISTAL HUSNAÐLJU, KOY12, A
28015 - 10. TRINI
FUL
PATTISON ORIENT LINE
LIMITED
S.S. “LAURE PATTISON”
DUE FROM
SAILS FOR
Direct Pusarı · and
Japan Aug. 23rd
Electrio
ho
would
ona 12.11.50
INDUSTRIALS
Dement 3tope
11000 11
Kobe Aug. 19th
STORES:
Dairs Watra
1994
12-14 Queen's Road C.
Ewo
600 13.1D
The Treasury. Is considering applications for investing In
Canada more from the point of COFFEE
view of "quick returns" than for long-term investment,
Chicago Grain
Prices Up
POURS FROM SKY
Aachen, Aug. 15.
en the streets
Coffee rained
| here when Customs police raided a gang of smugglers who hurled coffee parcels out of windows to the pavement below.
Chicago, Aug. 15. Neighbours rushed to the scene Soybeans and corn showed and scooped up the coffee with flashes of strength in n grain their harids, brooms and shovels, Eight of these experts have market which otherwise drifte
One smuggler tried to save his already arrived in India, while niong aimlessly on Wednesday. the ninth is expected shortly. Soybeans attracted some buy-money from confiscation by hold
a window to a of India also hopes to eccure thing on the belief that new crop ing it out
was policeman New York, Aug. 15.
demand friend. A A buret of buying in the fast services et seven more exper's in beans will meet a
qulaker, however, and collected, from
Processing interests. Wheat closed as to a higher, it-Reuter. hour turned stock prices higher. the near future. The rise was concentrated in
Under an agreement between comm 1 to 14 higher, cats 4 industrials. Uulition declines the awo Governments, India has lower to 1⁄2 higher, rye (new fractionally. Industrial averagi
rail 75 cents and also been granted facilities for style) to 1 cent higher, 30y- TOSO $1,39,
training 45 Indians in various beans to 2% lugher, Uullies aged 10 cents.
Closings:
2.41% to 2.41 volume was exceptionally technical subjects in the United
2.43% to 2.45%
2.43% to 2.34%
la
at 1,345,008 shares.
After
declared, a re-
American Telephonz
and Telegraph
gular quarterly
$2.25,
dividend
Siales-Reuter.
the stock gained 1 ts Price And Wage
zes a new high for the year. Tno Laiture to split the slack
as some quarters had expected
and alls big she
WETO
Sicel
Study
falled to halt the rise. EXCHANGE
Washington, Aug. 15, gained sharply in the last hour
Economie to Motors
American The close. Stabilisation Administrator, Mr Eric Johnston, announced today that he will leave in about a week to study, prices and wager in Europe.
Cinsing rate, August 18 Canada (dollar) England-ontclai
unofficial
bra.
hid
14
The
"
10-day futuros 00-day Zylura Australia inqüind)
3 naked 2.00-1/10 2002,
tpplies, will be by a
member of the Scrap Institute New Zealand, (pundi who left San Francisco for South Africa (pend
Japan last week. The rest of
the team will comprise military
and government officinis.
Belgium (franes
Denunark (krone) France (trand)
West German
Deutchamark
The team will visit other Holland_(gulidari
Italy-Melat
countcles in the Far East, Serap Norway (krone) piles in Alaska and Hawall will | Portugid (escido) also be surveyed.
EXTREME URGENCY
·Spain." (pesata), Sweder krone) Ewitzerland-trea MIDDLE EAST
Omcials "rald the Government
scouring foreign sources Egypt (pound)
wila
cording.
Iral (tial)
because of the extreme urgency Traq (dinnar) of the need. Domestic scrap Turkey Lira) routeen are much bigger than thought,
to the Na LATIN, AMERICA
Authority tional
Argentina-official which is only "mildly encour frail (cruteiral
ted" by the progress of the univian (halvista). domestic drive so far. But Mr Mille-free
Columbia, (posal Barringer and he was sure Cuba ipso fears of industrial expansion | Mexico |(pesa) faltering for lack of scrap will Peintress
Uruguay (Den)) ho, dispelled in the next few venezuala (bolivar) ntoniha
| FAR EAST
Serop imobilization committees dia truprel
aro being organised by, chambers | pakietan rūposi
of commarco all over the United jffongkonut, Sutter to brod bittiness execus Netherland East Indies
Singapore.
tives into Industrial house clean, Japan ing of obsolete or disuarded ira
to 17881
#ifndy Chemicals and tyron improved. Of 1,007 issues traded, 521 ad- vanced, 282 declined and. 264 unchanged.United Press:
Gold Coast Development
#pend a fort- He plans to night in Britain, France, Ger- Scandinavian many countries.
the and
Mr Johnston said he would
Sept Dec. March May
...
July Com: September-1.74% to Oats: September-81. Rye (new style): September 1.74.. Soybeans: Septebmar-2.88%
-Associated Press,
London
Tin
Market
London, Aug 15.
Gromyko Gets
Ready
Moscow, Aug. 15.-
It was understool today that Mr Androl Gromyko, head of the Soviet delegation to the San Francisco, conference, waz planning to leave at the end of the month by plane for France, where he will take a British ship to Now. York.
In addition to members of the qficiat delegation, his party will include the usual contingent of elork, secretorica and intor- preters-United Press,
The un market was quiet and!! endler the morning session
study the effects of American with turnover of only 35 tons Record Canadian
theso
Wheat
Crop
Chinese Agents:
Tel: 25346.
OVERSEA CHINESE. STEAMSHIP CO., LTD. 48 Bonham Strand W. Tels: 26640, 26127 & 81119
Full Implications Of Attempt To Spain
In Western Defence.
Madrid, Aug. 15.
The full implications of the apparent ending Spain's isolation from the community of nations by the visit here of the late Admiral Forrest Sher- man are taking shape as the storm of controversy surrounding the visit ebbs.
The visit may well mark the end of a period of nearly 150 years during which Spain, except on fleeting occasions such as the Civil War, has walk- ed alone, free from all international friendships or alliances.
The Napoleonte wark, when without undue effort. This would Spain feurit fentelously alang-give her the Atlantic coastline rido Bellain and Portugal to down to the southern-most tip of overthrow Bonaparte, formed Portugal from which to organise blockade of the last Important episode of an an intensa eed-air International character in which Britain and North Afrion, the
¿wo key
which would prints Spain rejected isolation.
a break with remain for Western unctivity, i For Spain, such a
But if Spanish-American de- would be a great tradition event. Spain's own safety is fence policy develops, as rects to Hikely, this plensing) perspective involved in any decision abandon the isolationist policy fades for the otlocker.
DEFENCE territory which has kept her
Even given free from harm through twon the North,
Wars.
the
HEDGEHOG
rapid victory prospect of a behind Pyrences is a
factor for
ten in the geht defcret hedgehog bristling
CrecentĮ
the optration those
years have created such a decrMadrid commentators
OK.
No words spoken in World Wa International arean Inipression here in Spain Mr Dean Acheson's phrase: "If
But they Ottawa, Aug. 15.
Western Europe is attacked, it are over-optimistic.
24" Fthink that."a"Spain: prepared) Canada "will produce a record will be defendit liberned."
may well wheat Copy of 581,078,000
The impression here has been for detenes
twice before bushels this year, the Bureau of that if Soviet Russia struck Ruggin to think 10-12 Statistics forecast today.westwards and achieved quick launching her divisions west-
prices and wages on
Prices closed at the end of countries, especially where they including 10 tone for cash. Acero, Aug. 15,
bear on the increased costs of
the official morning sessiori'ns The Prime Minister. Injume their rearmament programmes.
the follows He
21715 would also study today presented to Shawmah
Boot in, buyer i 10: effect of Increased averseas
Spot tin, saßler the Legislative Assembly a
030 Yeer development plan for the prices on the American economy.siness done at Gold Coast calling for an ax Reuter, penditure of over £200,000,000.
Plan includes
200,000, 000 project for ̈ draining she Veith
producing fiver and
(a: new harbour aluminum. 94. nepr
Accra.
·Members · of the Assembly aald in the debate that the plait was vaitue and that the govern „ment had not sufficient res sources for carrying out the planAssociated Press.
New York Rubbor
Singapore Rubber Futures
Prices of rubber" closed today as follows: Number 4 rabber, per fb.
August
September Number 3 subber.
August
Number 3 rubber."
August
Number
August
Black crepa
New York, Aug. 15. Crude rubber spot No. One Spot ruby ribbed, smoked choots closed at Nowa pale crep 12. asked.--Amrosiated Pro,
futurea
Three-months tin, buyer Three-month'tin, seller Iusiness done at Felttament
89214
-Vdited. Prons.
BLACK PEPPER
Now York, Aug. 15,
market The black pepper Tulod quiet today, but dealers
The forecast was straat 120,- victory in Germany and France, word lieuter 000,000 bushels higher than lost then an unprepared Spain could
year's 101,664,000 and about 15,- not therish many illusions about RED 000,000 higher than the previous halting the impetus of at huge record crop, of 464,000,000 in. | triumphant 127m2 2~
*DIFFERENT FACE":
1928. Reuter
AMBUSH DRIVEN OFF Sphin prepared, taking Communists ambushed
Rangoon, Aug. 152
up positions with the, Western
on the basis of491.14 pound Exchange Rates the typencer, dan, naval tween Rangoon and train
a
and Celo
undMetal. CONTENTSEN
market.
a Apain with Mand and air, basts ready; docs, it is but were driven of with hon
communi Up to September delivery
Budies was done in the Inga Believed here, put a different face cualtios an Anny co September shipment
alpon lifa lakravagio panigrams et sald today, Der delivery were quoted a mozilos of the solowing raven
tycould, offensive operation around $1,794 pound. White Bedroom 1025 Butoply delays polish datGovernment forces kabechets broke cross France; Kyaukpyu, hema Katha pound for fonts swing apat lend (vers100
Findonesini guilders: (per, 1001
Ta look forward to reaching the per Burma, killing even material hold around $4.75
Ringapore (diraita) 24,
Birails of Gibraltar rapidly - wird i musiate, it added, {pound,Valted; Presi.
(02
11.90.