Date
ist Dec. oth Dec
8th bet.
Tth Dec. 9th Doc. 13th Doc. 14th Dec. 16th Dec
GERAL SE
1st 2002 Lst Jak. $52
4th Dec. 1th Dec.
11th Dec. 11th Dec. 13th Dec. 10th Dec.
3rd Jan. '52
ard Jon. 52
Ship
ARRIVALS
TJJTJALENGKA" -VAN HEUT8Z”
TEGELBERG"
PRES
"TJIKAMPER" *THIBADĀK" "TASMAN" "THWANGI" "TASMAN "RUYS"
From
Macassar, Java Ports & Singapore Japan
Japan
Singapore
8. Amerter, atrica 敬 Singapore Macassar, Balikpapan & Calcutta Stugapore Penang. Belawah Dell & Bingapore Macassar, Java Ports & Singapore Japan Марят
SAILINGS
"TJITJALENGKA" "VAN HEUTĒZ“
"TRGELBERO" "RUTS"
THEAMPER" **TASMA."
-TIWANDr"
"TASMAN"
"RUYS"
ΤΟ
Singapore, Java Ports & Macassar
Singapore. Penang à Belawan Deil Singapore, Africa
Japan Ports
Japan Ports
Japan Porte
& S.
Macassar, Java Ports &
Ametien
Singapore Kingapore, Penang Belawan Bell
Africa Manila, Singapore.
America
General Agents: HOLLAND EAST ASIA LINE
Date
ARRIVALS
Skip
11th Dac.
10th Day.
1st half Jan.
"KIELDRECHT"-
"AAGTEKERK"
"OVERIJSFI." "AAGTEKERK"
8th Jan.
From
Зарай
Europe & Singapore Europe & Singapore Japan
SAILINGS
TO
190 Doc.
"KIELDRECAT"
23rd 10
Dec.
AAGTEKERK"
Jan.
"AAGTEKERK"
Mandia, Singapore & Japan via Mabilo Mana, Singapore à Europe
Europe
BUILDING TELEPHONES 28015 TO 28011
&
5.
Eastern & Australian SS. Co., Ltd.
S.S. "EASTERN"
direct for
AUCKLAND, WELLINGTON & PORT CHALMERS
Loading November 30th
For Freight and Particulars please apply
MACKINNON, MACKENZIE & CO.
Agents. Telephone: 27721-4.
Industries Cotton
Fair In Bombay
Bombay, Nov. 20.
Import
Credit For
Japan Possible
Washington, Nov. 29. Commerical circles here International Industries An Fair is to open in Ebay on studying the December 21. The Fair, which countries, will is open to all last 45 days.
THE CHINA MAIL, FRIDAY, NOVEMBER 30, 1951.
Japs To Attend JAPAN TOLD SHE MUST MESSAGERIES MARITIMES Shipping Talks
GET RID OF DELUSIONS:
Tokyo, Nov. 20.
The Australian Fur Exat Freightage Conference has invited $100 representa tives of Japan's two biggest khipping companies to al tend a conference in Sydney early in December.
Japanese shipping circles said that these companies hoped, as a result of the conference, to resume qular sailings to Australia next year.-Renter.
FO
Rally In
US
ADVISER'S WARNING
Adoption Of Economic
Remedies Essential
Tokyo, Nov. 29.
Mr Joseph Dodge, American Government financial adviser to Japan, warned the Japanese today that unless they adopted certain economic
HONGKONG
SHARE MARKET
(From Our Correspondent
NY Cotton remedies there would be little justification for con- Exchange hus
Futures
29
New York, Nov Cotto
futures closed on a rally to end a ession of re- current rallies and declines over range of $1.70 a bale. Day traders attempting to cover in the final minute: competer with tratie interests for the, limited supply of contract
The situation appeared ather th at times dealers awaiteil the Korean new! some new Incentive from within the trade Ilke trop aud export news, Bedge selling was more notice. able on the rallies to the 43-14 cent line.
!
The uncertainbes in the 13-
picture,
Line plus ¡ternational
pending Government erop estirente on Dec 10 and
the dullness in textiles, along with the desire to test the strength! of the producer holding move ment, injected a note of caution among buyers on the advances. Conversely, sellers were equally wary about pressing offerings because of lower crop prospects and indications of good under- lying trade demand.
The market upcued 6 lower to
over
tinued assistance from the United States.
"Japan is suffering from a He declared: plague of false legends, which include some dan gerous delusions."
The American expert's recent advice to the Japanese Govern- ment not to decontrol rice sales N Grcepted only after .I termy nationwide bebate.
M:
In an official statement. Dodge, a Detroit. baniser former adviser to the American Occupation authorities in many, gave 16 examples Japanese "delusions."
Ger-
He said that they includre the following ideas:
"That Future trade with Communist China will have the advantages as before the
2T
the Korea wind- fall will be fellewed by another equally good or even lette,
air wind."
3.That foreign aid will be obtained as easily in future as in the past."
CONTROLS ESSENTIAL
4.-"That á nation must export to live can afford to price itself out of the expurt markets with domestic inẞa- tion."
every
25
3. "Thai caused by Live
acts of bad management
3 higher. It backed and filled
of around range points until the mal covering the movement got under way, market closing around the day's highs and up 15 to 19 points. Prices closed today as follows -- 49 60 nemal Spot
December
43.26-13.26
42.75
42.66-12.57
4212-42 14
Marck | 19952!
May
July
October
December
March 11963;
May
NEW ORLEANS MARKET
Spot
$2.50
December
43.33
March (1932
42.73-1214 42.53
May
October
December March (1858) Moy
Foreign
Exchanges In NY
Canada
England-othal
Australla New Zealantsl South Aflea Beiglum
France
New York, Nov, 20
(890.93%
28-5/32 216 bici, 2.30 k
2.79
Busines done on the Stork
value.1 2i 5201,032.5.1. Now quotations and
morning.
transactions
1.10
SHARES BUYERS SELLERS FALES
BANKS
IIK Bank 1515
Underwritera
HK Fire SHIPPING
321530
East Asia
125
INSURANCES
Linion
705
Tit
550
140
120
0.00
13:00
31⁄2 3.80
Asta Nav.. DOCKS, ETC.
N. P Whart
Provident
S'hal Dock
Wheelock XD 33 334 100 330
LAND, ETC
НК Holet HIK Land
Shai Land Humphreys UTILITIES
Tram..
Star Ferry
$
51
100 20 3!
130 1.50
1294
165 16% 500 10 70
120
C. Light (0; 0.20
C. Light IN) 640
M
"FELIX ROUSSEL?"
"BIR HAKEW"
EMONKAYƏ **FELIX ROUSSEL"
"BASTIA"
Anet-tog
K
Dre
kanp 19
irr
Be
th
M
Lea-ing
Outward For
Kiirrettes Japan
Homurward Fut
Africa & Europe Wanita. Saigon &
Ninteilles
N. Africa & Europe
ber. 1
Bec K
Dec
Den
H
Jee. 26 Dres. 27
passengers & freight
† freight for Saigon, Port Said, Tunis, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp &
Rotterdam.
Subject To Chan go Without Notice
CIE DES MESSAGERIES MARITIMES P.O. Box 63, Hongkong
Queen's Building (gr. floor) Tel. 26651 (3 lines).
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHHILADELPITIA,~via
SAN FRANCISCO, LOS ANGELES AND PANAMA,
NEXT SAILINGS
ARRIVALS FROM U.S.A.
1000 20
unuilietal
30-day Intures 19-day futures
Light 37 P
1000
0
1000 a D.
500 9.10
Electric
22
73
150
22.85
2,224 2.
Elec. (Bonus) 21
332
211
2.801.
Macno Elec Telephone
3500
2112
14 15
INDUSTRIALS
Denmark
.6028-9/16
West Germany Holland Italy
2
Cement Rope STORES. ETC.
15. 16: 200 21
2000
15% 2134
2630
Dairs
1105
Watson
16 18 500 18.90
25 26
M.S.
LEXA MAERSK"
Norway
1405
Kwong Sung
Portugal
0347
Hong
109
108 107
M.S.
"ANNA MAERSK"
Spain
0203
COTTONS
M.S.
"LEISE MAERSK"
Sweden
4935
Ewo
3
4
which
Bwitzerland
2290
MISCELLANEOUS
MIDDLE EAST
Yangtze
3.90 XD
Egypt
2464
Iran
03125
iraq
2.81
Turkey
3379
LATIN AMERICÀ
Argentine
;;2.5
Brazil
TES J
Bo via
Chike
#150
is al-
Columbia Cuba
1020
Mexica Peru
1153
050
Uruguay Venezuela
4023
2005
official
2102
2030
follows:-
1753
3040
Spot 1.
Spot in A
3396
Budne dane al
280 yen to US$1
Three-months Un, buyers
943
Three-months Un sellers 1946 Business dane
Sentent
945-140 965
-United Press.
difficult
specula excessive purchasing and similar
ways the fruit of others and not of the individuals and Govern- inent concerned.
10
Mr Dodge told the Japanese FAR EAST that they would have
India stabilise exports
Pakistan and imports. Hongkong prevent inflation and keep down. Indonesie domestic prices generally by Singapore the principle
of rationalisatioJapan
and strict controls United Press
42.00-42 11
39.20 bia
39.78 ind
35.60 bir
38.40 bizi L'alted Pres
Prices
Grain In Chicago
Chicago, Nov 29. Prices of grain futures closed today as follows:...
Wheat-price per bushet Spot
2.36
are
December
recent Export- import Bank cotton credit to Germany for guidance as to the possible terms of a similar credit which may soon be granted to Japan.
March (1952)
May
July
2.6034- 2.609% 2.61 2.00
Corp
Spot
1.01
December
March (1952)
021-40
May July Rye
1.82-
1.02%
to
December
2.00-4
March 1952
2.02-4.03
Data
December
08-01
March (1952)
1004-
New York Hour-per 200 lb. $13.50 United Press.
Sack
The Fair is being organised by private industrialists but in View of its importance Indian Industry, the Govern- ment of India have extended to it their patronage.
The Japanese have asked for credits from the Bank totalling $40,000,000.
The spokesman for the Bank declined today to describe the arrangements under which this
In sending out invitations to might be extended. He said the
the
all countries to participate in Bank is not ready to approve the exhibition, Government request, although a final decision promised all usual facilities is expected within the next few and in addition gave permission weeks.
to
scale.
sell exhibits on a limited
The banking arrangements through which a credit would operate can not be made public.
A proportion of the available he said, until final approval has
space adready has been taken been given.
up by private concerns
inent
who
There is no
assurance that
ini- same
"one
will display goods manufactured funds for Japanese colton in the US, the United Kingdom, ports would be on the West Germany, Italy, Japon terms as those for the Germans, and Switzerland. The Govern- but observers thought that there
USSA. might be some of Iraq, China,
similarity Czechoslovakia and
Hungary therefore took a special interest national in the German terms. The
Bank recently opened a term credit of $500,000 for col- ton imports by Western Gor- many-United Press.
are setting up pavilions.
Airline Profit
to-
New York, Nov. 20. Northwest Airlines, Inc.
reported net income for October the 10 months 'ended.
day
31 of $1,868,621 equal to $1.82
a share. This compared with a loss of $250,070 for the corres- ponding 1050 period.
Cross
income for the latest 341,212,805 period was tip to
Cron $39,777,000 in the com-
a year ago parable period Artoclated Press.
Seeds And Oils
Kungs New York, Nov, 20,
Prices in the seeds and blis market closed today unchanged
short-
Japs To Fish In
Arabian
Sea
Bombay, Nov. 23,
The Indian Government per-
Rubber In Singapore
-Unlled Press
and similar New York Sugar
mea-
He asserted: "If these sules are taken, there should be little
need for Japan to be de Pendient ол others. If none of there can undertaken.
them is
10
Futures
New York, Nov. 29.
6
3
M.S.
"LEISE MAERSK”
M.S. "GRETE MAERSK”
M.S.
Dec. G Dec.
36
Dee. 31
Dec. 5 Dec. 20
Jan.
6
LONDON TIN
MARKET
London, Nov. 29.
Prices of tin were steady and
morning. Turnover
was 40 tons, all
forward Prices elesed at the end of the
movning
"OLGA MAERSK"
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Tel: Nos. 36066-9.
qwet this
for
session 26
9100
970
Pedder Building
ות
Pepper Market PENINSULAR
New York, Nov. 29. be little justification for econo- World sugar futures closed
The firmness of London and mic assistance from others. today 2 to 6 higher, with sales Indian cables imparted a better
"Everyone should understand totalling 63 contrects.
tone to the local pepper market. the fundamental problem of Contract No.
Spot material closed
was quoted at Japan, which in simple terms higher to 2 lawer, with males $1.83-1 64. November shipment is: too many people, too high a totalling 50 contracts.
91.58-1.99. December $1.63. birthrate, too little land and too
CONTRACT NO. 4 (World)
January $1.48-1.49, March few natural resources."
Jenary 1992;
$1.44-1 45 a paund, ali on at March
ex-doek basis-United Press. May July September
Mr Dodge's statement follow- ed reports of Etrong friction be- tween him and Japanese finan
cial officials on foreign exchange October
matters.-Reuter.
Decline On London
Exchange
London, Nov. 29.
The Stock Exchange sufferco
a slight sinking spell today in sympathy with overnight developmen's in Wall Street,
British
Government bonds and industrial issues shed minor tractions through much of the Vist, and oils were irregular. Foreign bonds were in poor demand.
A few copper and gold stocks ran counter to the trend with
modest gains.
The Financial Times daily
index of London stocks was 128,4, up 0.2.-Associated Press. NEW YORK MARKET
New York, Nov. 20.
Selective strength kopt the 138-13914 stock market on a steady keel 13044-138% today.
Singapore, Nov. 29. Prices of rubber futures closed today as follows:
Number 1 rubber, per lb.
November December January Number
rubber November Number
rabber, November Number 4 rubber,
November
(1997)
1294-130
126-12511⁄2
Gains ranged from a few cents 133-134 to more than a dollar a share but were concentrated in a few Elsewhere sections of the list. prices were well mixed, 13734-13014 Trading was around 10114-10874 slowest pace in weeks with total 147-152 transactions of around 1,000,000 United Press.
Spot rubber, unbaled ..
Black crepe
No. 1 pale prope
shares,
Dow Jones Averages: Industrials
Utilies
TEXTILE MARKET Rais
New York, Nov. 29.
The cotton textile market was
mitted the Japanese fishing quiet today. A little better
the
4.84 4.29 bid 1.29 bid
1.29 bid
4.80 nominal
Exchange
Визлеку unosticia:
Rates
was Gune an the Jeent
market exchange
min ng at the folowing Lates
& ORIENTAL
STEAM NAVIGATION COMPANY
R.M.S. "CHUSAN”
4.29 bid
Spot
CONTRACT NO.
* 4.80
tim
March
· 1952)
5.25 bid
Mp2
5.32 pomlad
U.S. Dabar per $1
4.34
5.30 bid
Sterling note per l
12.52 SAILS:
$44 bid
Indonesia gulders (per 100).
3.30
Stam tieal per 100)
I du
107
15:40
July September October Spot
Fast
an
5.46 bid
3.40 United Press.
Sfogapore (Straits)
FIC blostres 100: 1
Development
Of
Israeli
Merchant
Marine
Haifa, Nov. 29. Israel's fast growing merchant fleet grossed estimated $10,000,000 last year and this autumn will be carrying about half of the nation's trade.
Starting from scratch three years ago, Israel now has a merchant fleet of 24 vessels which al- ready has saved her $20,000 in foreign exchange.
|
ve
She plans to add five more, of the new arrivals -- mainly totalling 35,000 fans, to ply the from Iraq are being brought
main routes srived by in by air.
The
Israeli ships.
Iwo most recently The building up of the mer-equired vessels are fruft car- chant fleet is helping to improve riers, the SS Rimon and SS
outlook of the nation's Tamar, constructed in Amster the
reasury crisis which developed dam on long-term credits ad- the rise in ocean freight venerd by Dutch bankers. They rates and the Increased short- | are powered by 3,000 NZ- Lage of shipping stemming from power Diesel engine ant contain
outbreak of the ore 12 luxury psenger
Korean
cabins War and the tense international and epicc for 4,000 tons of situation.
cargo. The
With two versely. chipping situation was
purchase complicated by the Incit at last year, they will be able to foreign exchange, the inercosad ! PUITY in million cares of citrus neci
280.9 the
80.36 45.88 Associated Press.
for imports for Israel's fruit next season. buying inquiry was evident but Bank Of France growing population and the
the Kathiawar mostly at second hand mather
than mill levels. point
day
The woul goods markot was dull.
Statement
trawler Taiyo Moru to soil yesterday for coast-northernmost the Arabian Son over touched
Paris, Nov, 29. by Japanese fishermen.
The Bank of France statement The Taiyo Mara will be por- miltød
ending Nov. 20 to fab In the
the constal
Rayon goods were low for the week waters for bight months. In Associntact Fruss,
reads pe follows:- Total gold, lividings return, 23 Japanese experts will
· train". Indian flatterthen In the techniques of trawler fishing Associated Press,
New York, Nov. 99. Copra was quoted today at with the following exceptions: $100 to $185 asked par: short ton. Coconut oil was Huld, st 11% ceists a pound. United Press.
Pestiul oll, per lb. F.O.B. New York: 104 United Press:
Bank Quotations
New York, Nov. 20. Closing bank quotations:
Bank of Ameries 173, 114, 1934 BAREų, CHALE BRUSHES ANY blynaked, Nasional Glyn dan kaj vrij Daked.
Total of other currentcion. Sight. balaited
karpart ་་་་
Advance to currency
Wabilisation, fund
Bills discounted in 200 grants, and shroud.
Nofa In NE
Circulation
Current - accounts: l
Coppelte
necessity to ralez her exporis.
ISRAELI CREWS
At present some 82 percent
FOR AMERICAN TRADE Israel also is planning to buy 17,000-ton passenger ship for
The Israel-Amarienn route.
The Kanel merchant inarlas
f Israel's merchant orcwa nte now serves In addition Jara Israelly, although most of the Baltic ports, Israel-Adriatic oflcera alill are ferrigues. An ports. ferpel-Tyrrhenton peria 101,400.076.000 pffort is being made to, recruit | end the const of Cyprus and
and drain more local men for TRANS
The merchant navy, especially-
the Zim company. 21.17,s,is engineers,
--- founded by the Jewich During the instyrer, the Agency "and" the Palestine larsel merchant feet carried Foundation Fund - freusporia -740,120,101,008 | 200,000 tons of cargo and 80,000 | new Immigrants dis, tije. Venice- Lassengere, 00,000 of them Tripoll route und nuntulos a weekly 1 persenger servicp" be- passengers nów |tween italta anit Genda and decreasing uzuálise many Morebilles--United Press.
Ernaigrant
NOTICE TO PASSENGERS
BAGGAGE:
TUESDAY the 4th December at 12.00 noon for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port Said.
ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co.'s Godown at No. 2 GATE, CANTON ROAD ENTRANCE BY NOON on Monday the 3rd December.
SPECIAL NOTE: With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must pass through the Wharf Co.'s Godown for loading on board by ship's slings only.
EMBARKATION: Will take place on Tuesday the 4th
December between 9.30 a.m,
11.00 a.m.
S. A. C.
ONLY SAC OPERATES TO PENANG Leaving Hongkong
Every Tuesday Overnight stop at Bangkok Arriving Ponang
Every Wednesday
General Agents:
SOUTH EAST ASIA TRADING CO.. (SIAM) LTD. 69 Connaught Road, West," Tel: 24292 Peninsula Hotel, Kowloon
Booking Agents:
Tel: 56416
AUW PIT SENG'S TRADING CO., LTD.
10. Pedder Street, Tel: 26733
CHIANG HUAT HONG
340 Queen's Road, West, Tel: 36204
and