THE CHINA MAIL, FRIDAY, NOVEMBER 2, 1951.
MESSAGERIES MARITIMES Japanese
M
Test Brilling For Oil In Nigeria
M
Bonds In London
ROYAL
RAL
LINESA
INTEROC FAI
London Nu :
Arriving
Leaving
Award For
"LES GLIERIS"
14
NIS 1
GRUNE
"DOCTEER VERSIN" ร่
151
Nov
3019
"FELIX COUSSEL
M
G
Jer 7
Marnelle-
1907)
Ward For
1234
T.
*A MARTILAISE"
Nov
MONK M
Not
BASTIA
Ver
* past pers & freight
Nov
#
Manila. Saigon
Starsee
י'
דיי
Nat
30
Antra de
De
N.
Arka p
freight for Saigon. Port Said, Tuis, Algers, Dr. T. Tangier, Casablanca, Havre, Dunkok. Antwerp &
Rotterdain
SAS Tr Vanz
Without N11
FO
7/1
0-17
Batul P
NEW YORK MARKET
New York, Nov. 1. Her very in the stock market
Pesday for G
SUTODE
...
יד
strhl session
CLEAT EA,
p
under
lala miweçu tw: und the leaders.
were the rake
on
درد جو کارون
ARRIVALS
Date
Ship
Port
"TEGELBERG'
*pan
Port
**PJITJAI ENGRA“
Port
"STRAAT
MALAKKA"
4th Nov
-TRAAT
Nov.
IMD
Nox.
15th Nov.
Nov
11 Nov.
Sch Nov.
3th Der
MAKASSAIL
"TASMAN" "TUWANGI
"TRPONDOR' "PAKOPART -STRIAT
MALAKKA" *TEGELBERG"
Jagaan
Japan
SATLINGS
VAN HUTS?"
From
Menscor. Java Poris
Singapor
A Amerlin, Atrien & Singapore
Japan
nag. Delawan Dell & Singapur Japan
MACRSSAT. Java Ports $
Singapore
Maranai. Balikpapan & Singaporr 1)jakarta & Singapo e
TO
www.w
CIE DES MESSAGERIES MARITIMES
PO Box 53 Haryan
Queen's Buddhitog fer then, Tel. 24061 ** Pus
ECA Official's Analysis Of Far East Problems
Baguio, Nov. I.
The same problems which faced the United States in its infancy are now confronting the free nations of the Far East, said Mr R. Allen Griffin, newly appointed Economic Co-operation Adminis tration (ECA) special representative for the area.
Mr Griffin told a conference of ECA mission chiefs from six Far Eastern countries and officials from Washington headquarters that he hoped the American aid programme will result in closer spiritual bonds between the peoples of Asia and the people of America.
HONGKONG SHARE MARKET
(From Our Correspondent)
day's business The half the Hongkong Sock Exchange Business $549.75.10. totailed transacted during the morning and noon elasing prices were: SHARES BUYERS BELLERS SALES
BANKS
HK Bank
Underwriters
East Asia
590 1600
135
30 # 1000
F@ 1800
INSURANCES
Union
740
40 700
20
7824%
ຜີ !
10% F
140
DOCKS. FITC,
104 107
95 2500 +
CAN]
600 m
500 3 1390
LAND, ETC.
595 6 10 2000)
HK Land
K. Whart
N. P What 6.65
Duck
Provident
Wheelock
IK Hotel
S'hel Land
Humglerys
UTILITIES
Fram
18 500 181. 73% S$2%, 20%
門
Mr Grillin
outlures! The weten
al the ECAL foliows
Te Par Est
J "We hop
ין:
to do what we can to streng.hen the indepe dent goveater's of these Countries
Tulfilling !! programimies to bring be here!!
Area rammeratan jeres cara
the
The people That is then ain: and the improvetnent
status of the masses of the poop v is an objective that appeals the most to the American people
2
The United States cekeres
o help these countries "exponat the capacity of their countanos te develop the resources so tha
¿ the benefits of merea sedi produc- tion may be equitably shared by all.
3. He sai "By furnishing technical experienne
w:
$1
to assist the peoples of Asin un
| diagnosing and selving Cur
mental problems
of
DOUB
and social development
LOT TO LEARN
"Our aim is to reader ussis- tance to the degree that we can | ki: that the listic g 1 ti An
inspirations of the common ma
may be satisfied under frem and
52 04 2000 or 1.85 | independent governments that
J34
17.40 175 1700 Æ 17.60
2000 @ 17 1000 e 17 40
.. 2330
have had to face the problems that
Americans wr faved when we emerged frum the colonial period
170 some We have a common years ago. Ancestry in developing free dres C. Light (0) 9.70 9.85 2900 67 9.60mocratic institutions."
Peak Train
(0)
Star Ferry
C Light (M) 0.45 GGO 400 @ 660
con 6.55
500 6.00 2700 @ 0.00 5.50 1000 0.55 3000
2,50
C Light (B) 945 955 5700
Electric
Telephonic
(B)
23 23 300 à 23.10 22 23
15 15 200 18
..... 315 154 1000 @ 15.03
INDUSTRIALS
Cement
Rope
STOTLES, ETC.
Mr Grifin added that Ameri- cans feel that it is their "monl duty to share with those who are at the beginning of the road in developing their own social and economic order under their own governments in what is new era to their people."
ap-
officials fle said "ECA proach the problems of the peo-
500 or 15,60
2
Dairy
10% 19% 3500
in
ple of Asia with humility,
We
Watson
2641 20 500
20
have a great deal to learn.
Out
1200
26
L
Crawford 291
of what we leam and out
of
COTTONS
Ewo
4.10 4.33 1000
MISCELLANEOUS
Yangtzzė 4.10
what we are able to give will
4.15 come, we trust, closer spiritual
4000 @ 420 bonds between the peoples of 2009 4.15 Asia and the people of America." 2000 420-Associated Press.
LONDON TIN
MARKET Retail Trade
Prices Turnover
London, Nov. 1.
of tin were steady. In Doldrums
wna
80
tons, all forward. Prices closed at the
end
of the official morning
session as follows:---
spot tin, buyers
8pat tin, lern
1,000 1005
Buses done at ...................
Tilk
Three-months tin, buyers 9321
Three-month tim, sellers 185 BULORS donó ut Bettlement
20246-995
United PreKK.
in
Sydney, Nov. 1. Wool and textile agents Britain, France and "America consider world retail trade is in the doldrums
and there is no sign of a rovival, according to a report published here today.
The report, which was by the correspondent of the leading wool-broking firm of Dalgety's
agreement that steep rises in the cost of living, particularly food, have become a strong deterrent itó a retail trade revival”
Alh
the vola c
*
| ;ן. יזי .
9 hiding came 1
Kan Aou Shares AS
W.
* 5:
daily
NOGE
radle.
iples a
carly painei
Sora P „far the angen asunced 11 had formed vera subsidiary to
MIN
discovered
Just Deverlay on its Grants
דיין זיוון
Was
Ames more thus thare ponte al one Linie, while Cyramid Preferred "A" Jon! 6 1 264 on ne sale
C
Californin Superina Ch shiped agi 28 prents at 520 on a y teve denis
mcluded Sk
-ning Standard THE (NJ). Phillips Petroleum, Stay Oli, Houston Allor Livemical, Dow Chenacak PS Steel, Chrysler.
Consol Tale prone.
Anaconda nated Nutai Gag
Anneman Cati. General at Harlos Corporation. From Jones Averages:
Ca
1
Adreste b
Bak
264.00
80.88
46.19
Assorted Press.
LESS ACTIVE TRADING IN
NY COTTON
New York. Nov, 1. Colton Tutuer were lower On Townselay with trading some- what less active than in recent Bedge elling and lqudation extended losses more than $1 per bale, but the market later recovered
Priers
cotton
2.058s
u!
close as follow
IN
Bees Ser
Maret
11932.
M
Juli
De mber
Marek FOR
femeiated!
Press
Deraden
The first deep test well ever to be drilled in Nigeria was recently "spudded. aat Owerri in the eastern part of the country. The equipment used is capable Picture shows rotary clutch being engaged of reaching a depth of over 10,000 f1.
he Mrs Humphreys, wife of the Technical Manager, Ihuo Location. (Shell Photo-
Easier Trend
In Chicago Grain Market
Sentier
Chicago. Nov 1 selling forced graine a 111- we al the uping of the Board nt Trade Forex
****ג'יין
Progress being male toward voting of a buffer zone h. Koren wer, and
news
Don Canada was rushing wheat to ports for export proposes caused the cosier trend,
Wheat starten ty cent lowe
higher. December $2.71
10 $2,51 in
Soyabeans were to a cent Jawor, November $2.33 .
Prices of grain futures closet
follows:- WHEAT-Drien
Spot
December Mare (1952) May
per bushet 2.47" 2.515-
graph).
Record Cargo Clearance
Brisbane, Nov. 2.
A new British car Was delven from Hamilton Wharf every
during
$0 seconds record cargu clearance from the steamer,
Scottish Trader.
Wharf men cleared 1.330 cars. 1,300
tons of cement and general goods from br ship to Ave and a half days,
-Associated Press.
Big Demand
For Bicycles
In Singapore
Singapore. Nov
2.
The monthly import of 8,000 British-made bicycles is below the demand, secording
rading importers
EXCHANGE
RATES IN
NEW YORK
Cannda adeline England-mielai
New York Nov 1
'S$5%
2.501 236 bid 1.30 naked
of mal
30-day AbuTAS
2.109
90-day futures
270
Australia poundi
218)
New Zealand (pound) South Africa (poundi
201
2.30
Belgium (anot
19
Denmark (krone!
1455 0028-9/10
4.20
.2030
1108
1405
4347
0265
0335
France (franci
Weel German
Deutchener): Holland (gulider: Il Bein) Norway thrones Part of escuda Spats pesetas Sweden throne; Switzerland- frer MIDDLE EAST
Iraq idinari
i
"Ad Nov
3rd Nov
CID Nor.
11h Nev
Sala Nov.
17th Nov.
1
Nov.
Nov.
Nov.
nd Nov
Lice
5th
"STRAAT
MALA ROKA" PEJTJALENGKA -STRAAT
MAKASSAR"
"VAN DEUTSZ"
BAXMAN”
"UGUELBERG:"
·TJ│PONDOƑ'
· TJWANGP UIBODAS
PSTRAAT
TALKKA" TCFIBERG
General Agemis
Ship
Japan PorİS ~'nthpo
én va Ports
Manlia Singapore, E. &
America
Japan PortN
*
5
MAXORASY Africa
A
Singapore. Penang & Belasan
Japan Port
Japan Ports
Singapore Jayn Ports Java Ports & Alucas: or
Mantia, Singapore, F Singapore Airira & M
& MACANNO
Attir
America
HOLLAND EAST ASIA LINE
ARRIVALSB
F
Frum
Date
NOT.
ARENDSKERK"
Japun
18th Nov. 1.Լի Dac
5th
151h Doc. Jan.
"KIELDRECHT" "KHLDRÈCHT" "AAGTEERIK”-
"AAGTEKERE"
1ch Nov
22nd
Nov
2th
Dec.
19th Dec
7th
Jan
-
ΤΟ
"ARENDSKERK" "KIELDRECHT" "KIELBRECHT"
Europe & Singapore Japan
Europe & Singapore Japan
SAILINGS
Manila, Singapore & Canape
Japan via Manila
Menda, Singapore A
Jajan via Maolla
Europe
Manila, Singapore & Europe
KINGS BUILDING TELEPHONES - 28015 TO 28017 CHINESE AGENTS 82, CONNAUGHT 2 URGAD «TELS-2118 253r-
"AAGTEKERK"
"AAGTEKËRK
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
ARRIVALS FROM U.S.A.
Egypt (pounds
28429
Tran Trad
03125
201
Turkey >
3375
LATIN AMERICA
Argentine- offical
M.S. "NICOLINE MAERSK"
0760
fo
Brazil ferozelny)
MIQUO
M.S. "SALLY MAERSK"
Bolivia Boliviano
to
Chile-fres
0150
M.S. "LEXA MAERSK"
Columbia Cuba (pes01
pesol
4025
00
2.09% -2.00
They say they can sell doubt. the
number among the city's Per--five winde Cilar
and Venezuela plivar workers labourers, the pricipal buyers., FAR EAST
Mexico (pesor
1135
11650
Brugue est
4170
M.S. "ANNA MAERSK”
2005
M.S. "LEISE MAERSK"
197
2100
2020
Bask 03-935
1785
Sun
2395
340 yen to US81 -United Press
1.2-94 1813-1.82
1791
254
2.52
Fuln
2427
CORN
La
Spot
1702%
December
170-175
Marc 1052:
May
futures
July
RYE
润到
30 52-38.35
March 1952,
37 38-38 39
OATS
300
D. cinler
3751-37 56
March 11282,
New York Berga
3585
35.77 mat ราค
United
NEW ORLEANS MARKET S01
December March 196EY
Mas Jala
December
March!
(1953)
38 Zu
49-381
38 73-38.35
30.01-38 02
59 5
as 80 be
Imite Pes
Confidence In Australia
New York. Nov. 1
Inus- The Sterling Trug
Mr Nocl punted today quoted Legat, General Manage of it- division. Frederick Sydney
as prc- & Company, dicting the emtinued growth of
industry ad
Stearns
cominerce
Australia.
Mr. Legati, leaving for hume after a three-week visit in the "Australia United States, suid,
its
December
in
India truper)
The total number of bicycles Pakistan rupee:
Singapore is 181.000 with · Hongkong per 200 b. sack, the roa:ter leading in popt- $12 76 --Assorted Press and United | farity,
1:‛
Slash In
Duties By
Italy
Rome, Nov. 1. Inly has slashed impor: duties on a wide ange of goods for the nex five mon.hs in an attempt to while down rediis piled up vih Bri.alp ced other We European count: cs.
gh
The Cabin: announced las:
has the reductions would gr. ane feree at org. in an emer- 2002y
reduer Italy's caring credit with the European!
Uniort. Paymen's
The Budge: Minister, Signor Glurope Pola, is due to leave Remedy for Paris for a meet-
Favourite colours. are green nd black.
Fifteen different makts of Llcycles are on sale in the city.
Up to June this year, Malaya, upuried Including Singapore, 172,588 bleyelrs from the United Kingdom
Some 60,439 of them werki
mainly to Hong- rx-exported,
and
kong. Indonesia Associated Press.
Siam.-
Sugar Prices
In America
May Be Raised
Ladostia Singapore Japan
Lower Taxes
1
Urged
Taipei, Nov. t. Chinese business circles todigy eglebrated Merchants' Day with
tu plea
the Nationalist government to lower taxation rates and help bolster foreign trade in order to develop business here.
Huang Lien-lang, chairman of the Tolwan Chamber of Commerce, said he hoped the government would relax the restrictions on foreign trade. He slso complained about the heavy taxation on teveral commodities. Governor K. C. Wu called on businessmen to face the present difficulties and co-operate with the Nationalist government. pointed out that taxation rates here were lower than in the at giving intensive consideration to United States United Press.
immediate steps to increase raw The Foreign Trade Minister, sugar prices in the United States. discuss Signor Ugo Lamalfa, explained
Washington, Nov. 1. The Federal Sugar Director f the Eu.opean Payments Usa en Friday, called to cont Mr Lawrence Myers, today een
Government is
in
g
sider
Joy's
din
banner
US$202,000,000
is only beginning to translae economic potentials Into business activity and greater higher national income.
every expiration
We
The favourable price of wool in the world markets is certainly reflecled in our pur- chasing power. But
have of n great wave of
sweeping over Australia witich will prove ae economically beneficial to us as it did to the United States in the late 19th and early 2011 centuries."United Press.
Penang Export Decrease
Penong, Nov. 2. Koren entered the Malayan rubber market last month for
Bank's Weekly here, stato, Economists are in the first time dice the Kurorn
Statement
London, Nov. 1. The Bank of England state- mont for the week ending October 31 roads as follows: Noter In
Publie deposita Private-deposite Mövsiminant
Other suritius: Hevélpta.
Meanwhile the wool sults, which should have been held on November 5' but were postponed 1,861,010,000 because of the strike of stores 300,097,000 ten and packers, are expected be held on November 11, 50.100.000 following settlement of the die
70.000 pute today. A total of 71,009 Eales will be offered.Itouter sal United Press,
Unties Prada.
30 'toux
War with a purchase of valued at $$48,200,
Lutest statistics show that Penang rubber and tia exports during September dropped by
than S$18,000,000, anore
Rubber exports during Sep- tember were 18.248 tons worth 5$50.428,820 against the August total of 24,403 EL "5871,880,806,
Tin meports for September totalled 8,000 tons worth 21- 059,888 anthem August buy- mente of 0,291 tone at 1822,- 398,440,--Associated Press.
credit firmed that the swelling Now slanding
Mr Myers declined
In S'pore
ht: one of the reasons for to the marsures under consideration Rubber Futures day's
decision is the danger but other sources told the United that, if Britain
devalues Ster Press that there include further
Cuban
sugar ling, Italy will lose part of the reduction of the value of her big Sterling quota and overseas disposal of erdits.
Singapore, Nov. 1. the Puerto Rican sugar surplus.
Chair- Me Allen J. Ellender. Britain
Prices of rubber futures closed
C. Number 1 rubber, per la. Committee, and Mr. Sterling credits which last
inte Interior O'Mahoney of the Scaste year amounted to about £80,- and Insular Affairs Committee. 000.080, but whlab are bellowed have proposed such seedles,
'ecnfimed doday
1x
Italy's biggest European debtor, holding Italian man of the Senate Agricukure | today as follows
to have been since reduced to
SWIFT
RISE
"What
November
December
January (1952) Number 2 rubber,
November
demanded Number rubber,
November Number 4 rublige,
November Spot rubber.
Мг Муст less, then £50,000,000-Reuter, both Senators have
that the Government provids a quick stimulus to suga prices.
Improve In an carlier effort 10 prices, the Agriculture Dopar ment two weeks ago reduced its No. 1 pale crepe cffietal ceiling on sugar which toy be marketed in the United Sintas this year. United Press.
IN IMPORTS
Washington, Nov. American Imports from Mar shall Plan countries have risen twice as fast da exports to those countries since the Korean war
17 gramme
unbaled. pinck crepe
LB344-154 1537-% 1824-183
148-14032
24245-143
132-13311⁄2
16312-15% 10045-19015 $58-703 Urilled Press. LONDON MARKET
London. Nov. I. Closing, rabber. futures:- Number krubber, in conte
per 1b. Dreember
Aurilšune c July/September
4334-40 4012-94
4314-4
..42 nominal Unlied Pres.
turbed, the Department of Com NEW AIR ROUTE ney/March (1092) merce sald today...
Canberra, Nov. An United States imports from
Air service between South Recovery Pro Europeali
nations...
amounted to Africa and Australia nerosa, 158,
Copra Quotation $1,020,000,000 in the first half Indian Ocean is expected to of 101-double the amount begin next July, the Civil Avins
New York, Nov 1. from those areas in the on Minister, Mr Ilubert Law- ported
Copia was quoteit" today at het half of last year.
roneu Anthony, announced today, $173 por short ton with walisis Exporis to the same. · mistiorin In He said that the Government holding - for 9100 par tot the same half-year periods romhad bought 240 acres of dana in Cocoanut all who quolod today 50 per cent, trot $1,099,400,000 the Cocos Island for development at 12 Leerde a pound asked to $2,374/500,000 United Prem, as an air base, Router.
United Press,
M.S. "GRETE MAERSK"
In Port Nov. 15
Nov. 30
Nov. 16
Nov. 30
Dec. 20
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Building
Tel: Nos, 36066-9,
M.V. "LA MARSEILLAISE"
will sail for
MARSEILLES
via
MANILA, SAIGON, SINGAPORE, COLOMBO,
DJIBOUTI and PORT-SAID
on
Saturday, the 3rd of November.
at 9 P.M.
Passengers are requested to board the vessel with their cabin baggage on Saturday the 3rd of November between 5 P.M. and 7 P.M.
Baggage Room and Hold luggage will be register- ed at Kowloon Godown No. 50 (No. 2 Gate, Canton Road entrance) on Frdiay the 2nd of November from 9 A.M. to 4 PM. and on Saturday 3rd of November Trom 9 A.M. to NOON. No baggage will be accepted for registration after this time.
CIE DES MESSAGERIES MARITIMES P.O. Box 53, Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines),
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