MESSAGERIES
MARITIMES
M
Arriving Leaving
"FELIX ROUSSEL"
"BIR MAKEIM''
MONKA)''
THE CHINA MAIL, THURSDAY, DECEMBER 6, 1951.
Russian
GOVERNMENT TO REVEAL
M Coal For POLICY ON EXPORT OF
Outward For
'Start
Dec
Dec }:
Det
1
де
Markelli
15
Homeward Fu
Be
F
~ VEEAM A
FELIX ROUSSEF
1
ታት። .
J
Marebin. -44
"BASTIA"
Ilve
Jo
Jan
27
pa-sengers & freight.
Marrettles
At Iutupe
Freight for Saigon Port Said, Tunis, Algiers, Oran, Havre, Dunkirk, Antwerp & Tanger. ('ssablation
Rotterdum.
Lhyet kilpa
W1 Nolue
CIE DES MESSAGERIES MARITIMES
PO Box 53. Hongkong
Queen's Building tr
Hour Tel. 2965 4 Bl.
M.V. “FELIX ROUSSEL”
wilt san! For
MARSEILLES
MANILA, SAIGON, SINGAPORE, COLOMBO,
DJIBOUTI
& PORT SAID.
L
Saturday, the 8th of December at 10 p.m.
Passengers are requested to hunt the vessel with their cabin baggage on Saturday the 8th of December between 6 PM and S PM.
Baggage Room and Hold Baggage will be registered:
Japan?
Tokyc. Dec. 5.
The Soviet Mission and u Japanese industrial com- pany are negotiating for imports of 400,000 tons of Sakhalin coal.
The
Suvad
Mission
had
emixes the export at
Sakhalin
DURA
Japan
1 ALORI Just
Com-
has already obtained per- skin from the Ministry of
CAPITAL
EQUIPMENT
(FROM OUR OWN CORRESPONDENT)
JAPANESE
London, Dec. 5.
Government's Some indication of the new policy towards the export of capital equipment to the Colonies may be given by Mr Peter Thorney- EXPORT OF croft, President of the Board of Trade, this week.
He is to be asked by Sir Ralph Glyn, Con- TIMEPIECES International Trade and Indus servative MP, on Friday to tell the House what steps are being taken by engineering firms engaged in the export trade to British colonies to obtain the necessary licences for steel.
To import coat un applied
of the ilo atanım
Pounds Lir Imports. Ministry
FE
kose te
the
Aero ime to financial circles. Ministry authorities will allocate the unnaSLEY Pounds to the company if the latter succeeds in sigting a contra.4 for projectet Gal noort with representatives of the Soviet Museron
be
An A agi Inchistrial Company Toker man and that the Sovin! repressointives promised a reply. the empany's request by the she of this year "TF16" Soviet
would impacter # $10 on and $16 when brought Yawara Kyushu
talk- Anim. Inlustrial Company and the Soviet representatives come suveessful conclusion, da projeeled import will be realisert between Aprid and Septemb
ymar, tumeist cardes ndia -
1.
P
between
the
Keen Bidding
At Sydney
ad Kowloon Godown No. 50 (No. 2 Gale Canton Road Wool
Entrance) on Friday the 7th of December from 9 A.M. No baggage will be NOON and 2 PM to 4 PM accepted for registration after this time.
CIE DES MESSAGERIES MARITIMES
P.O. Box 53. Hongkong
Queen's Building (gr. flour) Tel. 26651 (3 lines).
For
Urgent Need
Settlement Of Finances In
P.I.
Manila, Dec. 5.
One of the major problems facing the Philip. pines today is the urgent necessity of settling the nation's financial problems in order to make it pos- sible to rehabilitate the country and build up its industrial potential.
It appears that there are two major means of meeting the nation's financial requirements. American aid and Japanese reparations.
!:
The
wal announcement t
anch smulation
uule to pay.
The recent
John
On
115
The PhilippTION, Therefore,
ladegimi a di sanese Re,utams Misson elvarly facing a
Monda January the one hand, if she insiste
64.24386 full maratons froin Japan she
park of the Unite the amount which Japan all be might inse
badly which Sales und
On the other hand, if the
abandons Adrumstration demand for substantial Japanese reparobons, the Philippines Relation
United ask for createdl elt water on the insistent
move will for US$8,000,000,000 in States and, at this
he hunter displease the Naturaiss.us, who patiens because
Senate in the with control the that large
reparations
might cause the next Congress. United States to grant ali
Visit of Senatoa Sparkman, Chairman of United States Senate Foreign Sub-Committee, thres
from Jupan
country's cunanty
rit
clas
1
here believe Observers
ti al vel
Japan in order to stabilise that this questan say be the
of the Nacionalista-Liberal tight in the next Congress-France- Presse
ingly
and accort- lessen the amount of a::
which the Philippines
Countries may expert United States
or other
from the
The Philippines needs money to improve its budly in order
agriculture and build up an in- dustry of her own which woul:! be designed to conserve much needed dollars fo balance trade
as soon as possible.
Tive
The United States,
through i
the Economic Co-operation Ad-
ly small, especially when it is considered that it must
More Out
Of Work
Sales
Sydney, Dec. 5
Wood sales continued here to By sendi kennd wide spread Competiti, rum aft sectors of 1 Ender
HONGKONG
SHARE MARKET
was
(From Our Correspondent)
Business done on the Stock Exchange this morning
N $234 206.15 Valut d rates and the morning's trans- actiona
3
HK Bank East Asin INSURANCES
>HARES BUYERS SELLERS KALFB DANKS
1670 128
$10
100
172%
Underwriters
DOKS. ETC
K Whart
GKS
NP Wharf Thick Provident 410 3.30 2000 13.15 3000 13 16 34 34 300 e 34%
Wheelock
LAND, ETC
HK Hotel HK Laud S'ha Land Humphreys 1:TITIES
Fram
Sar Perry
Mr Thorneycroft's answer will be awaited with great interest.
A recent Ministerial statement that the Cabinet was giving serious consideration to the prob 1m of raising colonial pro- duccion led to speculation. the Government would shortly a scheme for giving capital priority to exports of equipment to the colonics,
The President of the Board of Trade, however, is unlikely to be in a position yet to announce such measures.
announce
Tokyo, Dec. 5. The export of Japanese time- pleces after months of slump Is beginning to show an up- surge with orders and Inquiries coming in an increasing volume from Singapore, Indonesia and Thailand.
ROYAL INTEROCEAN LINES
HOTJIWANGr
SAILINGS
To
Yugapore Penang & Belaung Bel
Airira & Sinenture
Shto
Eated
VAN HEUTEZ
7th
Ber
TYGELBERO"
5th
Dri
"RUYS**
1203
Dec
Japan
"TASMAN"
14th Des..
Japan
1917
DEC
Singapore.
rd
th Jan.
**OLUWAR
"TIBABAK"
(0111
Jan
**2
1 A
Jan.
'52
"TASMAN"
"ECYD"
ກາ
America
&
Macautor
Singapore Dikasta. Belawan be
Pena
Mania, Mingapure. *K2
iraזי מA
21DEN VOYAGE
To Singuparo. Java &
FIRERPOCE, Penang &
ARRIVALS
From
Afrika
Marat Belawan
Dedi
9.
“TROKLBERG"
2+1 Doc
Dos.
Dec
5
Arvika
18th Ber
5 Africa Penang Newan Dr Macarent Jana & Singapore
X
Ningere Singapure
"RO18" "TAIMAN" “TJWANG}"
General Agents
SAILINGS TO EUROPE
"KIELDRECHT"
"AAGTEKERK"
"OVERIJS81."
12th
BOLLAND —
EAST ASIA LINE
December 1951
3111 Junnary
1932
6th February
1832
"th March
1952
Orders and inquiries recently receive include: that 1 India:--Negotiations are under way in India for the purchase watches and of Japan wrist
the canteens lum clocks for
the Indian armed forces. In "HOOGEÈRK" addition, Daini Seikosh & Co..
SAILINGS FROM EUROPE and other large watch- Lld.
have intely makers bulky inquiries watches and alarm clocks. the
Indeed, any hopes that Govertiment may shortly adopt cipfinite measures for securing steel supplies larger
for in- dus ries engaged in export to the further ty colonies receded when it was officially announced
of
оп
received wrist
Singapore: Exports to Singo OVERIJSKT."
had been which pare s'nce the middle have
Reils Truen Ratt:rdam
Arrivals at Henettone
"AACTEKERK"
Jed Decembe
1971
slock of last year. been making a better October on #7- hewing since
un of the mooth issuUE
"HOOGKERK“ "AAGTEKENK"
1st December 33x December 30: A January
1951 1901
1832
St
January
1932
20%
February
1932
615 More I
4952
of
that "increasing difficulties in Import leennes. Inquiries on
10,000 timepieces maintaining exports must
about Bo
coming from ก
spel. o a dived vestl nartages."
AN ASSURANCE
a
The statement said that in number #f CASCS previous stimates of export have fallen short of expectations for this
የነ
Singapore
вте euch
to
ath. Indones a-The Meiji Watch and Clock Manufacturing Com pany has contracted to export
of watches $37,000 worth 1400 35
Indonesia Thailand and Pakis- ᏄᏍᏛᎩ . Formosa and the Philip- have also recently pines
merged as potential customers of Japanese timepieces.
6.90 5132
500 5 1.30 1 59 12 60
1 16 85
500 16 60
120
-ight 4
gal N
.14 2000 i 633 6.00 800
9:30
6
1000
di
Telan INDUSTRIALS
Cebient STORES, ETC
Dalry
ge 81 9.09
22 Bone)
14, 14
2 B10
23 200
20.00
132
21
153
1a 89
เป
JSP
72118,
20018.
-eason.
Firs were encountering Muine
in securing steel for mojatenatics and plant repair
Your correspondent Wis that ssured to lay however, when the general allocation heme for steel comes to operation early next year, the
The Japan Watch and Clock Acciation disclosed that Japan
timepieces i xported 14.300 August 17,000
in September
d 29.000 in October-United
100 14% Colonial Ofice will continue to Press
393 18".
Wats d
COTTONS
Ewn
Yanglaze
25 39
Crawford
32-14
TANKOUS
i Hu
3.50
500
4
Europtown Packers predominsteri ་་ Red supper from Braai 3.com is local mills.
market conditions the value for all at dia and Comeback dexrip- ons who compared with the previous day, moved in sellers
sacdict to 151 Great Lence at the auction Sold were 33.667 bales, representing 98.5
of those offered. wwekly report 1 the Commission Wool
that average wool at wool auctions than in
Ma
sh wed MLS 14
Australian
raw
! wook were, kower
the preceding week.
Last wicks prices were.
164
171 ] T
petace
70's
Cotton Prices
In New York
New York, Dec. 5. Prices at con futures closed T pound,
159 today follows:- pence; d' average 147 perice: 60's, i Spe average 126 pence. 111 perve. average, BO's good average. 93 pence ant 50's goou average, 81 pence.
United Press.
132 pence. 38's good
AIRLINE
December
March 1857. MAY July
Octuber
December
Maren 09551
May
FARE
COMPROMISE
Nice. Dec. 4. The International Air Trans- announced to- part Association
airlines flying North night that
New between AUanue
routes
start a York and London wil! 1358486 round try tourist service next your.
A compromise agreement
after
day's eight was reached of debate and provides for the US$486 fare from April through October. During the her winter months the rate will be US$27V ane way and US$417 round trip. The present first class round
New York trip between
US$771. The London is
US$618.20. rate is scason United Press.
عارنا
watch opci Letonial yine users.
of intere is
In addition the Colonial Office JAPAN
is considering possible mean of
WANTS
stepping up exports of capital ITALIAN RICE
equipment to the colonies,
Tibet Trade
Monopoly
The
Rome, Dec. 5. delegates
The Japanese the general conference United Nations
of the Food Agricultural Organisation terday discussed the possiblity
KING'S BUILDING. TELEPHONES: 28015 TO 28017 CHINESE AGENTS: 82, CONNAUGHT HEAD, C. TEL5: 3119%, 25133
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA vla SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
and
M.S. "LEXA MAERSK"
yes
M.S.
"ANNA MAERSK”
M.S.
"LEISE MAERSK“
of increasing Italian export a[
with Japan
Taipei, Dec. 5.
rice
Peking regime is now Ministry.
to officials of the Foreign
iti
hig!:
Trudi They also discussed the question of increasing other king monoply Tibet's internal and Italian exports.
Informed circles External Trade with the creation
under 10 bring
ARRIVALS FROM U.S.A.
M.S.
"LEISE MAERSK"
M.S.
"GRETE MAEKSK”
that Trade Foreign
Ministry was not in a position to under- regard-
sald
M.S.
"OLGA MAERSK"
rice in the
The
crops
Po
of the "Himalaya Trading Car the poration" at Lhasa.
The pro-Nationalist news take new commitments
Lantil exports agency China Union Press said ing
to done Tibelan
financial magnate damage
by floods supplied most of the corpora- caused
Valley Lad been assessed.-
43.95
43.51.4353
43.10
42 97
е
42.FL
39.02
36,18
38.97
39.73 ---United Prest. NEW ORLEANS MARKET Spot December March
Ike
on's 2,000,000 rupees capitał but that the enterprise is! France-Presse.
headed
a Chinese Com- by
Chi-shib. Liang munisi, general manager.
24
ang is said to be planning Japanese Grain
st up
42.80
L
1062)
43.10
U
May
$2.00
July
October December March May
42.50 39.60-09.C;
bruncher and
¡1952)
Th
United Press.
brauches
throughout
and sub-
Tibri caravans with to send Jesal products of fure, Chinese and others for medic herbs
market, returning
The Rubber ashlights, shoes
Markets
London. Dec. 5. Prices of rubber futures closed today as follows:-
and off
Number rubber
per ib.
January (1852)
New York Sugar
Futures
New York, Dec. 5. Domestic sugar futures No. 6 closed 2 to 3 higher. March..
Washington, Dec. 5. The Department of Statistics the
May
1.37 bid
5.42
6.51 futures
No. 5
4.04 bld
484
4.95
4,95 nominał
muistration, has promised as yesterday announced that sistance of US$250,000,000 over number of unemployed in the
The United
had States
increased July
World sugar a period of five years. amount in itself
comparative-slightly during November,
closed 1 to 3 higher. that The announcement said
March be the number of unemployed was, spired over the entire period, however, much lower than that y
On Nov. 10 The amount actually given the of a year ago.
Rid so there Philippines under this
unem- 1,820,000 ployed persons in the United States, that is to say 212,000 It is for this reason that the more than in October but 412-
1ET has been a more trickle.
A DILEMMA
Philippines is pressing
olccalore, repeatedly
were
the
September Raw sugar spot
5.81 bld Associated Press.
TEXTILES QUIET
for 600 less than in November 1850. The Statistica Depan ment The No-
New York, Dec. 5. Japanese reparations.
added
that
number which Was
The cotton textile market was clonelista Party.
10
Buying interest quiet today. victorious in the last Senatorial employed persons on Nov.
claimed anmounted es 61,330 000, showing
was dull.
The woul roads market was that the Philippines has asked a decrease of half a millon the United States so many times when compared to the Octoher
for the Lalance of the with November vity for assistance that it has become Ogure, but an inerobte of 85,000 slow. Dealers expect itu açti-
month. hopelessly tied to the aptous compared
dull.- Rayon goods Wore strings of the United States.
Nacionniletas claim too
Associated Press.
1050-France-Presse,
January/March
April/June
July/September
France-Presse.
as
Press.
Purchases
Tokyo, Dec. 3.
rice,
A tulal of 172,144 tons of rice Indian from India with manufactured and 277,066 tons of wheat were buttons, purchased by Japanese importers articles. such needles, fountain pens, watches, up to Nov. 27 from the oversean under the October- and paper-market
December foreign currency budget,
according to the Jiji
ious of Of the 172,144 $1,000 tons will come from Italy and the remaining 81,144 tons from the United States for the trade first time since Japan's reverted to private hands in 1947.
Of the total of 277,056 tons of wheat, 111,888 tons will be im- 1151⁄2ported from the United
and 105,188 tons from Canada.- United Press.
Japanese Bonds
10
centr
41-2 404-
London, Dec. 5. Japanese bonds
"A" (45. of 1899) "B" ¡4s. of 1910) "C" (55.
64
of 1907)
102
"O" (5%.
of 1934)
2
38% 30-1734
E
(5
of 1934)
Consols
62
-United Press.
Unived Press.
SINGAPORE MARKET
Singapore, Dec. 5. Prices of rubber futures closed today as follows:- Number rubber, per lb.
December
January 1952: February
Number 2 rubber. Decem
ber
Decem Number 3 rubber.
ber Number 4 rubbor. Decem-
ber
140-140
1374-138
13414-135 13012-131 12545-127
-United Press.
Spot rubber, unbaled Black crepe
No. 1 pale crepe
Pepper Market
small.. Prices
Industrialist's Praise
Business Ethics In
States
Dec.
Dec. 10
Dec. 31
Dec. 9 Dec. 20
Jan.
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Bullding
Foreign Exchanges
Canada
In NY
England-ficiat unofficial
30-day 90-day
Australia New Zealand South Africa Belg um
Portugal Spin Sweden
Tel: Nus. 36066-9.
W. GERMANY
TO RUN AIRLINES
Bonn, Dec. 8.
allowing contract,
civil airlines, Allied sources said today. Thus the Allies have overcome ther 145 disagreement on the treaty Germany Wes
New York, Dec. 3. US$0.06-11/18
The Western Allies bave Crafted 13 2.35 bid/ 238 asted West Germany 2.79% futures
2.70
sy: zm giving
nery independence.
would be West Germany allowed to build up an interant
str network without restrictions provided they observe the prin elpies of the ICAO
(Interna-
tional Civil Aviation Organisa- tion),
It was
2.2212
2.700
2.80%
5198
Denmark
1455
France
9028-3/16
West Germany
4.20
Holland
2830
Itely
11050
Norway
1433
0347
.0203
2200
Of
MIDDLE EAST Egypt
2.88%
125
2.81
.5375
US
0703
0300
man Government
to obtain its
0150
.4023
agreement.
Is not It
1.00
1155
0050
.2005
fran
Iraq Turkey
LATIN AMERICA
Argentina Brazil
Bolivia
Chile
Columbia Cube
New York, Dec. 5. Industrial leaders cracked down on "misgovernment ico and civic inertia" today at the opening of the National Peru Association of Manufacturers' 50th congress of Ameri- can industry.
Teuvay ngtjn]
FAR EAST india Pakiston Hongkong mid They
the
Mr Kinnan urged the indus- ethical sanda's of business are gener-trialists and businessmen to take Indunol
A'nypore Japan ally high. They added that the the leadership in public affairs record shows substantial im The collectivists, he sold, are OV Cr previous out to corrupt sound thinking provement
and to destroy
free, private nation's ! enterprise.
Co.
Aro
3010 3305
360 yen to US -Unlied Press.
LONDON TIN MARKET
1. now
understood Allies have dropped a proposal
that plots would hava
non-German.
that the
to bo
The draft contract has to be communicated to the West Ger-
clear
whether the Allies will insist on
alr fine com-
having a financial interest in West German pantes
The Allies are reported to be anxicus to protect the positions cf the own country's air lines which have built up an exten- sive internal Germin network during the last six years,
Internal and external services are run by Pan-American anit Transworld Air Line. British
European Airlines, Air France
and by Sexuavian, Belgian and Tuges companies,Rou- ter.
New York, Dec. 5. Firmaces in the London and
to generations. markets acted Bonbay
the They urged bolsler local black pepper trade.
remained business and industrial leaders although trading
to battle socialisation in a pro- Mr Robert E. Wilson, ehvir
that of education
Standard Oll mat of wire generally ungramme
said tho (Indiana),
athical changed
with spot indicated reaches right down to the grass
London, Dec, 5. standards
business of at $1.65 cents, fral half Decem-roote
Casio. TAIWAN PROJECT Prices of tin were
Talpai, Dec. 3. $1.57, January The thro-day congross at the generally high. "I am sure ber shipment
low for ten ethics rotching, business $1.40, March $1.44 a pound, Waldorf-Aubria brought some American
Tunover was moderate, The Taiwan Power Company weeita. deserves for more seclaim and Dll on an ex-dock basta 3,000 topdustriallets and|
businessmen to New York. United PreIS.
Installed 00-kilowatt high-ten It was labelled a "working less attack than it has been only 66 fans, including five tour today announced that a newly
for cash,
Prices closed at the end of sion cross-island power trans officials abd businessmen New York Stocks
"But I feel there is no point the oflolal, morning session 24ion Une Ind been put into
service. Tokyo, Dec. 5.
thrashed out mach problems as New York, Dec. 5. 200 members of More than (Philippines goodis
Business was done in the toast priorities, allocation, controls and on which we busines mon can follows:-
properly be critielsod, ang that spot tin, Buvers Epot tin, fellurg Dow Jones averages at the end freatment in the All Japan Telecommunka-
unofficial axchange market Inflation,
The
opening session of the is with respect to lack of couru Business done at Union carried of the season stood as follow moming at line folowing, rates!" de the United States, but within tlona Werkers
208.72 | VA. Döllare (per #1), 1899 NAM Congress today we in leading the fight against dis-Three-months in, buzern stain quotas), is detrimental to out a sit-down strike today be 30 Industrials
81.81 Sterling note (per 2DE indus-fore the Telecommunications 20 Rails
heypotala by Mr J. Warren in bonesty and demagoguery in Three-months tin, sellers... 10
State Abd. nation," Business done st irth of local
43.38 | Proper Talisman Tpkr 190),
United Prem. DOCU
man, vise-prezident of "BE, Duj city, Amrlesh Ministry building here, de 16 Ulties of
10 Bonda
Associated Press, Competition with the now manding two months salary as
1150 Pont De Nemours and Co, erduled local industries.
a year-end bonus-Reuter.
The
tirat the Philippines United States Trade Act of 1940, which provides for a duty free entrance
of American goods Into the
Philippines sune
Sit-Down Strike
Exchange Rates session in which Government receiving," he said,
United Press.
101.09 kmport Chiralta)
VIC" picutres (per 100)
SAN
9:30
AUT
910-910
According to the company,
the Une will bring over high mountains in Central Formosa
electric power from the gast to the western power
system.---Rouler,