DAL
INTEROCEAN
Ship
ARRIVALS
LUDJALENGKA
LINES
THE CHINA MAIL, TUESDAY, NOVEMBER 27, 1951.
Russian Goods
For Red China
Talpri, Nov. 26. The thing New Taipei's only Ch
lapbaze
newspaper, today said had information
that the
Chinese Red were turn-
and my to Sovkl Russia
the satellite countries for all materials and gouds as against the UN
strategie matériak
From
reprisal
Pas A
Singapore
barne
The
Singapore
& Singapore
Russian-made
Ameries. Africa
Date
10 10
Macapat
6th
De
TEGELBERO"
Japan
7th
Des
VAN BET87
Japan
Fich
Iv
RCYSH
uch
Dec
TUKAMPEK
ncansar, Balikpapan
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Calcutta & Singapore
Ifr
16#h
Macassar
Det
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TASMAN
เร
Jan
152
EUS
4th Dec.
Penang, Delawan bi & Khagamort
A JAVA Ports
TJIDADAK
TASMAN"
THWANGI
Japon
Japan
SABLINGS
TATJALINGRA"
TRAMPT
BUYS"
TARMAX
TMWANGE
Sincapate
'TU
Java Pott
S
Macassar
4. America
starapure,
Singapore. Africa
Singapore, Penang &
Belawan T
A
Japan Port
Macasa. Java Posts
Singapore. Penaht & Belawan Belt
A Africa Manka Ringaporn,
HOLLAND EAST ASIA LINE
Amerira
KU
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ደነ
Der
VAN HEUTSZ
Aik
Topan Pur (~
170
1504
Japan Ports
1311
1784
1918
3rd
Jan
TASMAN
3rd Jan 52
-ROYA
General Agents
ARRIVALS
Date
Ship
13th 3.
1540
Dev
1 hall
501 dan
KIELDRECHS AAGTEKİ BK"
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AAGTTEURA
1214 Dre
"KIELDRI CITY"
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MAAGTEKENA“
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Jan
MAAGTEKENK
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10
From
Farobe & Singapore
Larian
SAILINGS
λ Singapore
ות
paper's Hong Keag
jceps
zaid and
oorrespondent
other goods have alreddy in Polling and appeared Shanghai-United Press,
HONGKONG
SHARE
MARKET
(From Our Correspondent
Business Con
the Stew
Excitat re th morning wir
1 value:f
$210.976.80 Noon
S the JAUCHTRE
SHARES BUVORS SELLERS SALES
BANKS
TO
Manila
Singapore
& Europe
Ingan via Maofin Manila, Singapore
& Entope
IK Book
East A
INSURANC
Valle
167
125
5 1500 30 FU
DOCKS
N
Wiar: 1
6
KING'S BUILDING TELEPHONES:
28015 TC 28017
ROAD CE 31106 25139-
Dark Powders Whek X/1
14
34
LAND, STC
HK Hotel DR Land
So
9 phrey.
121
CHINESE AGENTS £2, CONNAUGHT
บ
Japanese Trade Gap
Continuing
To
Increase
New York, Nov. 26.
grow
Statistics released by the United Nations statistical office show that although Japan's in- dustrial
continued to production considerably during the first half of 1951 and employment continued on the upswing, the gap between exports and imports widened during the year, making the foreign trade balance increas ingly unfavourable.
Inflationary pressures were
the seen in steadily mounting cost of living index and in the large amount of currency in circulation.
Firmness In Cotton Futures
New York. Nov
The growing population Tus not appeared lo increase un ployment, perause the augasent- ing af in lustrial nerfasing new jobs
Figures
"Develop
Empire Markets"
PLEA BY PEER
London, Nov. 26. Lord Burghley, Pre sident of the International A.A.A., has been elected President of the Federation of Chambers of Commerce of the British Empire. He succeeds Lord Llewellin, whose three-year term of office has expired.
Su Peres H. Mills, has been! elected to
Mr succeed McLean as Chairm
Couch of the Federation
Join! The
At the Annual General Mert-
in Lion Lord Llewellin referred, in his retiring astress,
the Japan to the need to develop 14 the
cecnomy were publistiest in
Nations
issue
or interpretuot [
Foreign Trae statistes shpë
اره
the
Novembr
bulletin adlanan
Hons unthis
11:}4་་་ ་
of the Unite
statistics The
moment
full raw materais une fodstuffs within
the boundaries of the British Commonwealth and Em- glen
:
A.
14- $2.
eri that Japanese aporta, buh
1950 stad n
01 $973,000,000, almost reache that rewe the fir Sve months an presumably will end. 8 Sun.000.000 fa the ful ves
This would
1947 ཟུ“YL༥-! T! gund $1 363.000.000
Japanese Majuts slightly in the first to th 1951 over
the posit pouting period of 1950, at the 1931 falls are not expe te extend Stan0,000,000
W
shadow
Cotton futures were to day as slut move, ang memas December tipas fed strength the balance.
Dealers expert very love Dec
nber ofices to be sud. Meeting th 111257
spot cotton
Baal.or
Certificatelo and
Apeks have been neerlang how total only 8.290 bater
Tous l
nex
MESSAGERIES
M
MARITIMES
Arriving
S.PAVIDE
"FELIX ROUSSEL" “RIK LAKEIM
thee
ī
154-1
12
[+
IN
*"MONKAY"
Dec
Bes
3
**FELIX ROUSSEL."
*BASTIA”
:
Bec
2
21: Dee
Der
27
passengers & freight
M
Butward For
Marseller Japan
Homeward For
Afiten & Europe
Manila, Saigon &
Marionles
Vrtca & Europe
† freight for Saigon, Port Said, Tunis, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp &
Rotterdam.
Rubject Te Chan Tithoni Notice
CIE DES MESSAGERIES MARITIMES P.0. Box 53. Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines).
.
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INDUSTRIALS
Business In U.S.
Beginning To Show Improvement
New York, Nov. 26.
American storekeepers and the makers of consumer goods got a break as shoppers loosened their purse strings a bit in many sections of the country.
The defence industries, meanwhile, continued their increasingly familiar high rates of produc- tion.
And 11ING Shor
hard chrom UGON red high H
telu 15
STORES
Ew.
t
The
14
" ;'
-
זיז: וו!! ! :)
Da Jaruzel The advance.
4
ture. Steel production was ad tmafest to top 2.000.000
Fo
Elenar Fort
which
Brant a penny more an has
11
for M 101 successive work
SCRAP SHORTAGE Freight carl: adings Were 814,435, compared with 791,403 week, showing the previous
raw matenals that inore
worke e whose wages brushed goods
the
s
1
There
the quick.
were on
the
Dove to and from
hat the tories gvidence
bong-awaited to say than
נוה
above Busines
Soft coal pruduction by de o output were une under WHY. geling LE boust In business the previ.us weeks. Laverally ned i meant a parme hers were at a record far the away of top heavy inventuries, third week
But
a producer many ervilen goods Wartled CINTI
w material restricti da
BRIGHTER
PICTURE
The overall outlook for rly- na gomir was brighter
it has been for some me Dun und Bradstreet,
business reporting serv|0V,
being Some of the honey browed by business was for plant expansion and some was fur building UP Christmas stock
The steel industry was wor- situation, ried over the scrap thate
however A check of inven- that cies of scrap indicated sume ls nught be forced to [1] back their production be fure very long
the
Suid
arly Christmas shopping
dd weather contribute! the steady rise in retail volume.
and
to
sales
tu
Shoppers were reported
appurop increasing
Du- chases with women's and men's
uits and coals ATS Gemand
Jerome 1. ULIN DE
clothing concern of Mas Sons und Company.
turning point fron
del
said the the
low
Severe wintry wealber bas
The
were
serap
largely
starl
15
22.
1
feet le" then
atthough heti
- 200,000,000
He sado. "Entry 17:04 Duel markets can be no adeo:udet
The loss comperisation for Empire markets.
"Continuity Trate of 11- estimable value.
"In the process of building up an overseas market, much capital and much effort is expended
When we socnice
an old- merke for established Empire
foreign problematic market, not only are we abai- to comme the substance for the
EMPLOYMENT UP The 1937 exports were at A
dem ny rating that
balance .. 1 alias ou able reign trade existed before ear as wel! DEAL!] have beR.
taking retired part of the Additional futures stentaned from exp
Guyerome w lower Rons of Crop for cust on December 19
A. Jangan ark wees. 1t
arrangement
Sat, eugleled for an Export-kriport Cottrar Ce Gempare
..
Fuinnes doseni 82 !.. higher to 34 cente love the 11
the previous close
December
Avimen
Rx
FT!
Dally
Wato
2474
Slaceres
147
340
Empor COTTONS
300 m 3,50 500
March
121
Mus
Jubs
October December March Mas
New Issue
Of Bonds
In America
The
ןןן
42.95-43 H
42.54-80
42 28-30
4172
39.16
38 79 AZNAJ 3764 nm
33.36 noutal Associated Press. NEW ORLEANS MARKET
New Orleans. Nov. 16
clased stea Ceton futures
60 cents 1 $175 a baate lugem
Close:
Derember
March
May
July
However, 1
balance rearhea 5242,000,000
$185,300,000
vapie
June
TRE
Mitra de Mah !
Bay
Experts in May were at $147.- 200, delning to $120 200 IF Juta
The dull pures un trucie, supplemented iss ties on freight loading and un- loading in Japanese ports, ex- plude military shipments of the Pnited Nations contrond,
The statistics stressA that for index of industrial emplos - ment rose from 102 to 105 be- tween 1948 ant 1950 and hit 14
we automaticall crap a considerable amount at capital already invested in the Pipire market and undertake I find new capatul to develop
new foreign กรง London Express Service
New Air Route
In South Seas
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, KÖSTON, BALTIMORE & PHILADELPHIA, 9İs SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
M.S.
"LEXA MAERSK”
M.S.
"ANNA MAERSK"
M.S
"LEISE MAERSK"
4 Dec. Dec. 16 Dec. 31
ARRIVALS FROM U.S.A.
M.S.
"LEISE MAERSK”
Dec. 5
M.S. "GRETE MAERSK"
Dee. 20
M.S. "OLGA MAERSK"
Jan. 6
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Building
Sydney, Nov. 26. Empire
¿
!
Tasman
Airways, LAK., 12 planning
scheduled glits
glamorous among the stands at the South Seas.
The company has mounced Puns to start around the end of the year, a flying boat ser vice giving Tahiti its first acrlal
with connection
the outside world.
The hne for years has linked Australia and New Zealand with Suva on Fifi 1,300 miles from
in July 19SI.
There are
a recent statisties available ou the national - come, but the 1940 6gure reveal- el that income grew ronsa ley ably smer the pre-war years in 42.54-57 terins of yen, disregarding the Auckland 42.25-25 der aluution 41.74-77 the wa 39.12
43.10
October
Siput coltes
Plused
-
51 50 a bale highcy, ale
42.35 Alcidling
Associated Press.
stendy 4.607
Washington, Nov. 26.
Treasury Today aned a new is fup $1,118,951,100 in certafiente est vent 1% per ndebtedness at interesi.
The new issues is offered xchan for a bott issue of
31 the
amount which saine Treasury has called for redrop- tion on Der. 15. Baker of the bonds can turn them in for cost instead of the certificat, if they prefer to do so,
The bind issue. wingh matures on December 15. 1953. bears 24 per cint
interest.
D
Sub-
ne
The bonds now being red
wire
72. issued on Der. 1939-Associated Press.
LONDON TIN
Dr. Schacht
Looks Into
The Future
Tel-Aviv, Nov. 20.
However
the
IN
12: The you f.et The new plan call for an extension from Sur to Apta, Japanese! Samor, then to Aitulaki, in the economy seemed to be suffering Cone Islands. and on to Tshi. fron strong inflationary pre-Tahiti
approximately 3,600 sures as seen in the slew rate miles from Auckland.
The of the cost of living index.
Frequency of the service has general index rose from 139 not yet been determined.-- Asso- points in 1950 to 149 in 1951
ciated Press. The money supply grew
from 210,100,000,000 yen in 1947 408,700,000,000 yen in 1950 and dcelined 10 304,400,000,000 ven in August 1949-United Press.
The Rubber Markets
Tel: Nos. 36066-9.
Firm Trend Silk Export
In Chicago Grain Prices
Chicago, Nov. 26.
Expansion Urged
Yokohama, Nov. 28.
Assistant
Director Taiichiro the International
11
Grun tatares firmed today on commission house buying and Matsuo uf favourable trade reports. Wheat, Trude Bureau told raw silk ex- futures closed to 3% higher porters in Yokohama that and soybeans were 1% to 1 Japan was going to earn more i higher.
dollars, silk exports should be Prices of grain futures closed expanded to an anual rate of as follows:
150,000 boles.
Wheat-price per bushes
Spot
December
March 1952.
May
OIL
July
L'ora
Spot
December
Morth (1952)
July
BRITISH
EXPORTS
Exports
London. Nov. 26.
of British-manufar- tured petroleum products in the Brst ten months of this year were valued at £23,000.000, ar: increase of 100 per cent on the
1950. Corresponding period of
in the The main oil exports perlost were:-Fuel oil £9,500,000 (us compared with £3,000,004 in the first 10 months of 1950)
Dil Lubricating
£6.250.000 (£4,250,000);
lubrica- compounds £1,000,000
4.42 40-40 394-40
300-
37-371%
-Unid Presza
ting
(£600,000).
British
SINGAPORE MARKET
Singapore, Nov. 26.
Prices of rubber futures closed expected to Jewish
Thus
the Treasury hopes to reduce interest rates on the $1,118,951,100.
London, Nov. 26. Dr Hjalmar Schacht, Hitler's
Prices of The new certificates will inancial wizard, said here today.
rubber futures daled
Dec
15, 1951, nd will "The future belongs to agricul- closed today as follows. added to
Agricultural Number 1 rubber, in certs critical
1952
countries. tural mature on Dec. 1.
per th. scuation und slocks of unc
ription books for th
e products are sure to rise during
January 2 the next decade." They would Jaquery/March major producer have been
will open on Dec. 1. duced to only few days.
be able to offer better prices for i April June
July/Septembe Automobile pr. duction slumpedá
industrial products, he aites. ressened to 80,489, one of the lowest
Returning to Germany from levels since World War 11. The
Indonesia, Dr Schacht spent turn mens Thanksgiving
holiday and
Hours on Israeli soll at Lydda material shortages
airport, where many responsible for the drop.
open employees stared with
assoriate of foriner The steel
hatred at the companies passed negotiations with the CIO steel-
their arch-enemy, Hiller, but indus- workers
weck and next
there we
were no incidents. heads of the big steel
Asked what reparations he London, Nov. 26.
would Caution can now be relaxed panies already have said an in-
pay thought Germany Prices of in fell sharply this israel, he replied: "It depends somewhat, he added,
û ease in wages will mean
the and steadied nt sound buying programme, cou price increase.
whether we can
money. ୯୫ti optimistic und pled with an
The Labour Department's lower level. Turnover was 60
Germany has always wanted to aggressive sales policy,
Will Bureau of Labour
Statisticsons, including 15 tons for cash. pay her debts." business in the figured the 1935-30 dollar was spell good
Prices closed at the end of months and the year phead worth 53.6 cents in September. the official morning session as
Harold Massey Assistant The same dollar Was
follows:--- worth Managing Director of the Gas 77.9 cents on V-J Day in 1945 Appliance Manufacturers As- and 65.@
December. socation, sald the appliance 1946.-Associated Press. market was better than it ha been.
has been reached and
in
the men's clothing
and
BULLISH OUTLOOK
He sold an increased rate of industrial production of all rise in instal- types, a sharp
mont buying and a break
last
مادة
in the public's buying contribute to a bullish
cents in
the Com-
Supermarket In
The
Manila
Munila, Nov. 26. 4,000,000-pese Republic
apathyer the eppliance mar-Supermarket, believed to be one
first half of 1952.
morning
MARKET
Sportin. buyers
Satu, sellers
מלח
080
075-930 Burtoren done at... Three-months tin, buyers 950 Three-months tin, sellers $236. Business done at
080
Settlement
szi-91715
-United Prem.
Textile Market
New York, Nov. 20. Sales were small in the cotton textile market today, Print
sheetings zel cloths.
ZOO
for prompt delivery.
Dr
who today Schacht, described himself as "a naucier on the inflation business", said
on
today as follows:--- Number 1 rubber.
ger ib. November
December
130-130*, 137-330
January
1052,
Number 2 rubber.
*Novemb
135-134-4
1.71-1312
126-127
139-18014
1314-303
November
Novembri
Number 3 rubber, Number 1 rubber. Spul rubber, unsated Black crepe No. 1 pate erope
147-152 -United Preus,
he had prepared a formula U.S. Spinning
the economic and financial con- ditions in Indonesia, which hei expects to be published shortly. ---Reuter.
New York Sugar Futures
atric
Ex
capacity refinery
reach an annual tons rate of 25,000,000 metric
of end by the
next year. →→→ Reuter.
Bond Market Firms Up
New York, Nov. 20. Somewhat Armer tendencies were evident in the bond market today. The corporates were In slightly better buluriće, with price declines offset by advances to
degree than in greater recent sessions, Foreign loan
loans were steady Washington, Nov. 26. quiet trading
In the foreign dollar sertion, reported
Operations
The Census Buren inning the popular Orient Development
Industry cperated during Octo-Sizce lost at 70%, Tokyo ber at 124.1 per cent of capacity Electric Power Blxes were off a a two-shift, 80-hour week at 80 und the Yolrohams Sixry
up 4 at 74%. basis New York, Nov, 201
continued US Governments This compared with 127.8 per World sugar futures clocki
firm in over-the-counter deal- to 1 lower, cent during September this other constructions suit mostly today unchanged 43 conlower, and 146.8 per cent during Octo-, ings-Associated Press,
Contract No. B closed un-ber last year. changed to 2 liigher with sates totalling 1 contract.
Prices of sugar futures closed
of the biggest in East Aula, was Makers of major appliances, inaugurated today with Vice. he sald, foresce in adequate President Feruando Lopez oM- supply to meet the public de clating. munc, at least through the
The five-storey structure is in
The wool goods market was quiet. | the heart of Manila. It is owned The National Industrial Con- by the 21-year-old businessman.
Rayon goods were steady but forence Bond,
without that William. Li Yao. noting
particular feature- throughout the second quarter An exponition at the various
Autoclated Prost and during most of the third kinds of products, local and the civilian decline culweighed foreign, at the supermarket was the advance of defence, com- opened in conjunction with Die monted; ..
Now that the elvilion sector has: approachod a fationing of ita recession, a balance of op- posing forces has booh stored."
Thai defence ndanicide aented their tipu buy
Inaugurallon-United Press.
New York, Nov. 20,
Exchange Rates
as follows:-
Contract No. 4 (world) January (102)
3.24 mominal 4.73 Mareli
4.70-bald 4.78 110
4.70
CUP OF TEA TO COST MORE
December March 1952:
Chits
December
March 1832,
2.821- 2.07-2 1.03
2504%
1.91
M
-1.89%
1/2 -1.02 12-12 2214-192
He said that for the current fiscal year the goal of the silk
xport
was 85,000 baies, but 2.61 -2.81% under present circumstances It seemed impossible to attain this level.
The Assistant Director is here to make an inspection tour of the Yokohama Silk Exchange.
Mr Matsuo further stated that the Government was not con- zidering paying subsidies in order to maintain a balanced export nor was it thinking of in- ternal control in order to adð-
the Just
consumption of raw
2.91
07-90 1.0085-22 New York Bour-pe: 200 lbs. Sack 512 25 United Press
silk.
Meanwhile, during the meet-
Delegation Ton, exchange officials as well
Empire Talks
London, Nov. 28,
the
exchange
E dealers expressed the desire that foreign firms making profits be permitted to remil oversens a maximum total of $100,000 monthly,
Under the foreign exchange
Mohammed All, Pakistan control law foreign firms are Finance Minister, will lead his not allowed to do so. United
the delegation to country's Commonwealth Finance Minis-į
ters' conference, beginning here!
ou January 16.
The names officials and economic experts who will advise and as.ist him
of the finance
at the cne-week seeret talks will
Press.
Japan Bonds In London
London, Nov. 26.
be announced in Karachil later,
talks on The
the sterling area's gold and dollar roterve Japanese bonds be the first joproblems will
Commonwealth conference Mohanuned Ali has attended os
Minister.
As Secretary General to the Fekistan Govern- i
be assisted the Inte Consols Linquit Ali Khan at soveral Commonwealth Prime Mulstery confermeer in London,
inent,
Pakistan was represented in Previous Commonwealth Plaunce Ministers talks here by Chulth Mohammed, Minister and now · Covernor, Genera).-Router,
force
Finance
SHELL COMPANY PROJECT
New Orlennie. Nov, 20, Omcials of the Shell Oil Com-i pany here innouticed a new US$80,000,000 modernisation and expansion programme for their
"A" (4s. of 1899)
60%
"B" (4s. of 1910) "C" (5s, of 1907) "D" (58. of 1934) "E" (58. of 1934)
5734
100%
75%
123
02%
-United' Press.
NEW YORK MÄRKET
New York, Nov, 20.
· Prices' rogistered the first
gains in six sessions on the stock exchange with improvements ranging to over a point. Trading wás moderntěly netive at 1,100,- 009 shoren.
Oils and rails led the advance, with ¡some pivotuis. In theso
groups showing substantial gains although the advances In the main list were mostly fre tional.
tise
Experts considered the technical ons in view of the re- slump which carried the
23.
Spinning spindles in place on November 3 totalled 23,142,000, of which 20,394.500 were active on the last consuming cotton working day of the month, com pared with 20,106,000 and 20,-
London, Nov. 20. September 714,000
this for year, and 23.092,000 tid
20,756,
The price of a cup of tea- 000 for Octobel & year one.
national: boverage---went up Active
spindio hours 26, por cont in London today.
about 20 miles west of here. Loading tea shops announced pindles consuming colton for Delober
The programme totalled 19,721,000,000 in 'Invrense of a dialfpenny 0.30 uld
to IncreaÉD the cutpin 03 bid
0,740,000,000 up to threepence. compared. with
TLO hae nominal i for September this year and 19,-
petroleum products from 2,100, yo old price of 25%d,hnd DM
sinto 1939, AS-000 to 3,150,000 gallons a day 241,000,000 for October last year, held steady
sociated Press, Associated Press,
† July
Dimens won done in th
jacket Ma excitmiko noming at the following shički-
an
11tim
BA76
Heptember Apat
March (1002)
Contract No. 0
10.69
23,00
May July September
BETA
1,807 Spot
Fid plastron (182 100),
13.40
Copra was trailed at $170 pers. Dollars (pew #1), re-short ton, CIF Lie Pacine stenting note für 41)
Indone users per 100 Blam konts7957 Ads}"
Chist, Corinnet oil was derGA pleat T Conte A pound, 2.0.3.
plemis-United Press,
0.40
United Prest.
for
;
A
refinery at Noteb, Louisiana, the worst level ninco
Router.
"Of 1,120 Issues fraded, 320 do-
is expected dined, 254 were unchanged and
of 540 ndvatíced. Chemicala dife,
cofelderable Mrength. continued HAYTOW. Utilities Molory firmed.--United Proms,