Page
MESSAGERIES
M
"BİR HAKEIM"
LA MARSEILLAISE
LA MARSEILLAISE"
"BASTIA"
BIR HAKEM
MORTAIN"
Arriving
MARITIMES
Leaving
►
Ther It
11+ 18
Jam
12
Jala
M
Outward For
Cumplen Port
THE CHINA MAIL, TUESDAY, DECEMBER 11, 1951.
Manganese Ore
For Japan
New Deli Dec. 10
exported 134,0
lub of maakunese ap” Our
first div. ng the
ihe
Camnesec 1.3. here said.
taz ka financial
Ministry
Tar highest quality was
t to Japan totalling 35.-
Western 105
Ger many and I ủy came next
20.900 tens cach with
Importers bretuded
Varsetiits
tonward
ii
Jon
1
Jum
ነ፡
Nam
Affina Manila Vokdrama a
Kobe
A Furope
dan
475
22
'
Alora & Fau
the CIGIN.
Fuited States.
17.000
France 12.000
8 880 tons
fch RA Jeb 2!
passengers & freight.
freight for Saigon. Port Said, Tunis, Algiers Oran. Tangier, Casablanca. Havre. Dankik
Rotterdam.
Subject To Chang Wahyon Notice
Antwerp &
CIE DES MESSAGERIES MARITIMES
PO Box 53. Hongkong
Queen's Building (gr. floor) Tel 26654 (3 lees).
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO-
NEW YORK, BOSTON. BALTIMORE & PBILADELPHIA
SAN FRANCISCO, LOS ANGELES AND PANAMA
NEXT SAILINGS
M.S.
LEXA MAERSK"
M.S.
"ANNA MAERSK
M.S.
"LEISE MAERSK"
ARRIVALS FROM U.S.A.
M.S.
"CRETE MAERSK”
M.S.
"OLGA MAERSK
M.S.
JEPPESEN MAERSK
and 4 adada
Asociated Press.
lons
Criticism
Of Policy On Steel
The
Cleveland. Dee 2 magazine Steel ported today that meni Jodistes are HP rai1-815
Wall
U.S. PRODUCING
To
Trying Break Combine
TOO MUCH RICE: Up
BIG CARRY-OVER
Washington, Dec. 10.
Although the U.S. Agriculture Department is asking for another big rice crop in 1952 it has suggested--because of the long-range situation— that producers be discouraged from developing new ice areas.
It said that the present high level of rice pro- Jution in the United States is geared to above- And eventually, it said, this normal rice exports.
high foreign demand for U.S. rice will decline.
HONGKONG SHARE
MARKET
(From Our Correspondent
Govern stewi distributiana
needing grOAS
splaying more
314-70 Noo
-BARES BORN MELERS HANKS
a la veland bushes desar
CE1% Stek Boxchange ilm
varund at 8ZHH!
alys
E
1억1
magazin
BANUES
768
CLONING
1
:1
יין :
ין,:'
at
ון -
1.
rla 5.
ידו
Cube.
This decline Department said in a rest m
.in intervitere Count, toy sheule mojarve
sant the that the present acreage at o
11
Dole dar pov purjuction excere,
. probable long-time require
!
Flo
Dec 10
Washington
The tu Fodera Re re leaf fr mim, unmead today
Government
Ingest
11 Tipes op inking conhjor
1
The Reserve Board' solatte. G Bowland Chase, brought the cast against Transamerica Corp
has a holding company which acquired stock in banks with al- in Ave western Post 200 meas
| States
The
יהון ויין
Transamerica banking
in 1904 by
with a
LOYAL
-TEGELOKALOS" "RIYS"
·TARMAN" "TITWANGF
TASMAN
INTEROCEAN
SAILINGS
rich Deg. 12010
Dec.
LINE
ZINES
Slogaporo, Afneà é R. América
Japan
1
singapore, Java A
Масал
Singapore, Þjakarta,
Delawan Deil
Dia. 16th Doc
Japan
fich
tra
Jon 32
TIKAMPEK
·RIES"
Jan.
*N JAKAVARU
Loth
Jau
·TJBADASTM CHWANGE
·TATJALENGKA"
17th
32
261) Jan. '32
8th
Manila, Feb. 52
10
3107, 152
-TJISADANE
TASMAN -EJIWANGI"
We started
AP Gum
Danh
a written
deals
"THBADAR"
TASMAN
·REYS" LIWANGI
That Time america
nentale mere con-
·TITJALENGKA“ in one small group
The phwer
ever
a en--perhaps in only one- in-than probably has i. ppened 1efore in the business
Tamantrica says it is being peisetted simply because #1 is
arents and presturges should be, thu its bank acquisiti
19:2
il sexamaged from developing ne » Lee areas
Fo
however The Department has set a goal of 42.000 000 bags 11 TIN Round's cach compared with this seri new high record erop of 44,500, DEB bags
ve brought improved business 1 Bes and served the public
ANTI-TRUST ACT
Our of the Reserve Board's M Evans, who governors, R
officer 11: hearing 'No substantiat reduction in! Jetest SALES
stages,
found the The production of rice is recom. | teliminary ing 1600 mended for 1952.
saw the re- corporation guilty of violating jat. "because of the possandits
Clay on Anti-Trust Act. Tha
stock acquisitions That the United
9045 States may be dow
lekserti competition, Called ga I. nat
tend to create needs chating
restrain trade or anmediate?: dowing the present prepovi o
monopoly Mr Evans recommended that Conflict in the Quen!
Ponsatie cien be forced to divest stelt of stock in all bit one of the beak in its system
wonkl
is 13
40
100 511
1 ve ka
1934
1
1
12 145
12:00
!}* ]: [
66 3000 -
The
1636 1
Der 1
* 8"།
by N
596 XD
*
De ling
Shotg
sebulen
F
2222
300 22 COM-9214
the
Ste
K
Beat 2011, IMINISTRIALS
Titu
16 8507
F
500
The
Jan. 6 Jax il
For Freight and Further Particulars please apply for
AGENTS
י : !ן . .
keman
Consu bag
N
Tel: Nos 36066-9.
JEBSEN & CO.
Pedder Building
U.S.
Production
At High
Level
New York, Dec. 10.
The storekeeper's cash register rang merrily in most sections of the nation last week and fac- tory wheels hummed at a high rate.
Businessmen and industrialists were begin- ning to talk about the year ahead. And must of them saw good business for 1952-but with some reservations.
Pro Le amant seat, ya da stagge
1
נה
rašenoty
I
Won
2., 2574
300 2544
. . 39
an!
171
Stewd
magazze estimated that Pak of Pung melastries.
Catropel
77-
Find so bang in steel s
1435 st anao i supply relatamships are
contable abrum op! A... inter Panggi
New
wat
The Department said the tou
Just Al6
↓
imatel 11N1 Au would be abur 5:500,000 bag.
* !!!' : wowich alive avridge.
A RESERVE
"Under Tuumal randations candy-ver of the size expected
url be eenskered excessive,
wider
present
N
with practically carry-over 18 20 40 18 40
of old crop ring Into The 1952 marketing 10:30 18:30
year
Southeast 200... 23'.
Asin substanbai carry-ove
against possible mergenes requirements penas de la desirable. Said Dar THUDL1
OTIONS MISCELLANEOUS
341 370
3.25
ابو
World Use
Of Oil
ke
M
Dec Lundur
a49 The United Saus Kalons of oil per find anually
Vict Burner Tema bad buneral Manage
Sh
15.
་ ་་་ sab. Na mana torta was 145 on New Zealand with wa
Thati
www.y
cown the 12%,
York Sugar Futures
10 Singapore. Det
fatione <p><d Lay 3 to 6 point. I wr, with totalling 28 continet
6 tet Ne changed to 3 lowen wah
machine & contracts
Pores closed as follows Contract No. 4 (world)
Marche
sand Judy as zebzigerators and
Government will is the defence program wæ ex- panding at the rate of $1,031,- formal:des 000,000 a menth
of
There were hints of or eas
materials Some
There were indications that pre- ductivity would be considered as
SEVERE STRAIN
The is it be straming
KIIGUTES!
Spot
Ma
Contract No. 6
1952
to the utmost in the Best bait ! Mas controls
1952.
mbtars | Joly amet with
September res dung
1 Du tren
Orinbe adhus to spare After thy he | 51
vilian promouetion can re-i
a basis for wage stabilisation:
But their were soft spots tiki
r
SUND
A hote of caution crept into
is downri eleme
In 1
31
hitherto enthusiastic predictions dust.on lagage: agƏM
For instance, the overall i 200 ture was sales at
+ THE
Է
UR
ar
527 bid
!
532 bid
5.37 bid
5.47 bid
Sub
* quilos and finkler mowa Colle Wour 38 at haly wrk 23.
Al BianTV.
the cat maturity 24 the inhal
<rt C
Living SPOTHET wort
arvan, rough conegam- hetween the consumption per end in the yarns the standard i OL was the most 17-
single commodity trade, with u Valut
Clear
374
1. ver £1,000 million a year, ne-
added.
Un provides 36 per cent of
total primary souICES
H:
The
Today, Worta ugh coal still remained the ader in this respect.
55
numital
30
United Pr
in
DWO
Funds For West
M
!
C. one of better follat plovers were due for temporary
stores That dur the retail Inst year. But it was har to new cuiels convince the storekeeper some of the slower communities
Mobilisation Director Charles
in
A Willys-Overland spoke mat preitete 30 per wer
in sales for his ninonas next
ן כ!
2
L
marryi business and a higher volume of etechian sale
Vic J
E. Wilson indicated the defence DT prez: amme wenald keep rolling He
the $1,000,000,000 saj? month
*
T James
Germany
Frankfurt, Des 10. Economie The
Co-operation Administration (ECA) aamuunze i to fax the release of 295.000.000 tor ks (US$70.210.000) in ruan- terbar funds
in ustrial development in West Germany and West Berlin.
for
ני,
ㄩˋ
nuclear
B both coal and oil would by her sources replaced
such p.obably
ong before ere was any depletion of the world's serves of these
MD14
he
Two
dded
reserve
املة
It is possible, the report come buest, that exports during the 1951-52 marketing season
wili estimate
༢༠༩ཎnt t| the official
.
ཝཱ ཝཱ སྠཽ སྠཽ ཝྃམྦྷཏྟཱ ༦
Ateles
*
6.
Jan. 2
& Periang
Djakarta, Tjirebon, Sematang, Kdrá
bats Macasär
'62 Manila, singapore.
America
'32 MAIDEN VOYAGE
To Singapore, Java & MacNSAT
inspir. Pekang & Belawan Delt Jan
singapore, Jora & Macausar
Singapore,
America
Manua Singapore,
Ameries
ARRIVALS
Dec.
Tenang
16th Dec
173h
Dec.
l'alcutto
11st Dec.
Japan
12 Jan. 5%
2nd
Jan, '12
15th
Jail '12
From
Singapore
Africa
& S.
Africa
&
S.
Singapore
Bolawat Dell & Macassar Java & Singapore
Midbasse, ava Ports & Strigapore Japan
Marass Java
A
Singapore
General Agents,
HOLLAND EAST ASIA LINE
Anna לנו
SAILINGS TO EUROPE
***IELDRECHT"
13th December
1951
"AAGTEKERK"
1952
"OVERİZBEL"
6th February
1032
--MUNGKÈRK”
7 March
1932
SAILINGS FROM EUROPÉ
Salls Rotterdam
Arrives
Hongkong
19th December
1951
Ist December
1997
5th January
1952
31st December 1931
Stowary
4th February
1952
3th March
1932 1932
6th March
1952
toth April
1652
"AAOTEKERK“ "OVERIJSÉEL" -#OOGKEKK "ARENDRERK”
·KIELDRECHT"
KING'S BUILDING. FELEPHONES: 28015 TO 28017 1715 3496, 2018 RI FONNAUGHT ROAD, C. AGENTR
H
Trans- america to keep it link with the Bank of America, a Calori
arking chain which Is Uy far Trans- the the Juzgesi
and probably Lidhejica systemi
the largest banking ebain in the world under ane bimë.
CHINESE
with the result the carry-over would be substantially beli! 3.500,000 bags.
Lukink
further obend, the
said that if the Department carty-over on Aug. 1, 1952, │
produ 5,500,620 Day, if 1952
New In com |
D .::1 Sf the
segaiement 1952 58 42.800.000 bags an carry-over stock spected, the
Aug 1. 1953. will be abat 4.800,ULO bag BERLER alve
1.
The
1: Se alle
Department ha noutwed that nee, as one of the bp- 1mm, d.fe, wh parter at 90 per venl dny 15, 1952, p. y
sentted Press.
Mr Chare wants to cat the the thre Transamerica and Bank of Americh and also to fortid enterlocking directorates among the banks involved.
Transit ca agues at the etifie cwe should be thrown
As oriated Press.
t
Cotton Crop
Estimate
In America
of the ye
Washington. Dec. 10. The Agriculture Department. n first report estimated cultore op al
this year's 15.210.000 bales
Oil Company's Costs Highest In History
San Francisco, Dec. 10.
A Standard Oil Company of California report to stockholders today said that costs of exploring for new oil and developing reserves are currently the highest in the company's history.
The report placed these costs
for the first nine months of the Sear
compared at $19,589,917
this time wrth 318,503,955 at last year. This covered explora- ton, delay rental and unproduz- Live well ecsts.
Development operations in the Quent, Southeast Asia and the Suth Pze tic. through the Cat- Tex Comsans, which is 50 per
Spdard, ar 1 500 Funds gross weight
continuing. s expec.ed, Bourd atmate is 481.000 bules
Follis reported, than
Chairman R. the 15,771,000-ba]
enter Sumatra will Central rup foreenst a month ago. I that oil from the Minas field in
much larger.
the second world markets
E
hawever, than small crop of and consider-
than the
10-yea (i9U-49) average of 12,030,000
the
last year's very
10012,000 bales.
oldy Langri
bales.
The indicated crop falls zugat-
ANOTHER
DECLINE
IN COTTON
Chiton
New York, Dec. 10.
bully market
and
LONDON TIN simultaneously,
MARKET
London, Dec. 10
expansion rate might prescient of B.L.F. Goodrich Ch. The iron and steel industries. Prices of tin were strong this
Irregular Closing In
Grain Prices
too
juwest
{
activities Exploration
FOREIGN EXCHANGES IN NY
Canada
unome:al detai
30-day
New York, Doc. 10.
US$0.98
2.80-1/10 2.40 Bid/ 2.93 asked 2.701.
futures 90-day Julura 2.784%
ly below the Government's pro-acen extenced to Western Aus- West Germany duction goal of at least 16,000.-
e00 bales.
The Daprio. has called for another big crop
nex year- gaia at least 18,000,000 bales
under metavy demands
the
preparedness programme and to supply customers abroad. The Department estimated the aere yield of lint cotton at
WAS
tralia and an exploratory well Holand
Italy
will be started there soon. This al
cork will the done by a
new
eompany formed for the purpose Sweden
Australian Petroleum Swizerland Ltd. An 80 cent interest in MIDDLE EAST
per cent
In
Minas structed
Quarter of 1952,
Families for shipping Qui
Australia New Zealand
22312
2.796
Aure
being
сол-
South Africa
2.8012
0198-1
Denmark have ace
.2489
.0028-0/€
420
119622
1405
0348
0285
0934
2204
2.5074
03125
.5*75
0204
0500
Bollyla
Chile
03.50
Celinhbi
Cuba Mhxico
1,00
0500
Uruguay
4038
a
Von.zuela
2005
FAR EAST
2102
Amp
the company is held by Caltex, Egypt
remainder by and the Petroleum Lilted of Australia. Tuder
jast
for the
an
Krug
The Australian area to be ex- LATIN AMERİCA
Northwes
NEW REFINERY
ana
Caltex is preparing to build a relinery near Sydney with capacity of 22,000 barrels a day.
Inuta 12,000-barrel reßnery
Pakistan near Mahia. These will be of Hongkong the most modern design
Indonesia will include
catalytic cracking Slogapore
Japan fashies.
a 50 Callex has In Japan,
interest in Nippon Company Petroleum Redning Limited and Koal Company Limited which operate reineries Yokohama, Kudamatsu and
per
cent
Cape Biz found the Government an average of 274.5 p.unds com-forest covers some 30,000 square Argentins Iwars
and iris in the усигали pared with 269:2 last something of a report crop
285.9 for the tea-year average. region. Both sides tried to stand-off.
The acreage harvested make capital out of its contents
estimated at 26,698,000 utres | but the efforts proved abortive,
compared with 17,843,000 early buyers Discouraged
year and 21,622,000 quidated at the close, sending
ten-year average. down to their
No estimate
eqttility| Of 38 other trade
was given. But the production slacker
said that if the Department Suristicians thought that
ratio of it to cotton:eed is the estimate of 15,290,000 bales is
a the average for the past close to expectations to
It is live years, production would be mean much either way,
with 8,186.000 tons compared 68.000 68,000 bales under the
4,078,000 last year and 4.000.000 two years ago. average estimate.
Statisticians said the supply
The production of American- been allered ituation has not
cotton type
WER Egyptian materially by the crop estimate.
mtimated at 46,300 bales com- coul The only thing which
pared with 04.200 last year and change the picture would be a
R 2.400 two years ago.--Ar opted move on export cntrols.
P'ress. skeptics sold even that would I make little difference. 39-92712
The market opened off 15 to 10
p 10 points, then rallied to | -United Press
maximum gains of 10 10 28 back and elled Points
regularly to close around the lows and off 25 to 55 pin's. Prices closed us follows:- Spot
said motorists could stop worry ing Ri an keliban. 1 tyre shortage.
ut a
He said the Government's hail
on rubber allegations after Jan.
although still restricted by the morning and closed steady and was 140 tons, Alle Military Security Board,higher. Turnover will
marks receive 25,000,000
ali forward.
end of at the US$5.875,000) of the ECA funds. Prices clused
the the official morning session as Some plants dismantled by
follows:-
only
probably avertel anded Allies are being partially rebuilt shortage which would have no- 10 this programme.-Assoginted curred in some areas next suum- i Press.
mer.
Deferre
EASING CONTROLS Manly Fleischmana, Production Administrator. pre- Chicago, Dec. 10. dicted an easing of controls for The late sell-off carried grain more civilian use of steel plate
with year
aluminium futures to a mixed and irregular next
increased exporter restrictions cased shortly thers- close after
to after. buying earlier carried many acasonal highs.
Wheat futures But he saw no improvement in closed lower to higher and the outlook for civilian use of
soybeans were
lower.
2% higher
to
Seeds And Oils
Market
New York, Dec. 10. Prices in the seeds and oil market closed today unchanged with the following exceptions:
F.O.B Peanut Oil, per tb New York, 17
cars,
Linseed Out, in tank New York, per lb., 20.9.
Castor seed, per long ton, Brazilian Port 2.75
Spot Ln. buyers
SUDI TI, OHUTS Leine done al
-months tis, buye Three-ENE UN, se...ti Business done al Settlement
ران
Pepper Market
New York, Dec. 10.
reported
Brokers
in
mixed the black pepper situation market. Spol material was dicated at between $1.60-1.81 pound, and March shipment at $1.42 a pound.
The Rubber
Markets
London, Des. 19. Prices of rubber futures closed today as follows:
30.60 nominal Number 1 rubber, in conte porih. 20.60 nominal
January (1952) --Waited ProKS.
December
43.00 43.30-43.3
151
March 1932)
May
42,09-43.13 42.01-42.95
a
July
42.50
nelaber
December
39.42-39.40 30.00
March (1053)
May
NEW ORLEANS MÄRKET Sput Deurmbry March 11052) May
January/March (1959)
lune July/September
42.00 43.40 bld 43.14-43.17 42.97
42.40-42.47
October Deccinber March (1983) May
30.93
31.10
30.03 ble Ulted Press.
nickel and copper.
The railroads won a promise from the inter-State Commerce Pricts of grain futures closed Commission that it would look
into complaints that their latest F.O.B. as follow:-
freight rate increase was inate-nominal. quate.
The key Industrial and finan, figures included a record
July High for elestris power produc tion 7,476,093,000 klownt hours.
Soft coal production was the highest since March 25, 1950--
Flax seed, per bushel. F.O.B. Memphis, 4.04.
New York Peanut, Virginia, medium, per 1b. F.O.. shipping points, 20-21.-United Press.
Wheat prices per bushel
noot.
Ziecember
March (1952)
Mag
Jua
Cora
Brot
Ebegiver
becau ber March, (1952)
2.0016 2.00-9 3.601-2.09 clai 2.044- 2014
2.0030 1.95-1.93% 1.50-1.00 1.9714 1.97-1.00
4.10 0.101 1.001.001 1.08
tho
The Saigon rice murkat is to Marstal Plan countries In
and qulat Putchnstre South steady Burope,
Japan
do not anre speculate on Americh.
crop. becdned Motay eltoliiton was at least future 1820,001,000,000
highest mediocre export business.
the of the
March (1052)
May
London reports of offerings of from Surawalt white pepper
attracted attention. Singapore Some dealers thought offerings from that source were probably the first since Pearl Harbour. White pepper was locally indi- chied at $2.25 a pound nommal.
United Press.
12,186,000 tons-naid one of the Saigon Rice Market Exchange
main reasons was heavy exports
dejte work poorer 200 . Sackle 1940 Associated Press. France-Presse.
Didled Press,
Saigon, Doc, 10.
Rates
Business was done in the tobat this starke tiroffiatat exchangé Inerring the following rates UB. dollar fier. $1) Sfering nute Fier, 1) indan ulder (per löði Sinun onls (per 100)
Wingabore (izmitok FC plastres par dooj
New York, Doc, 10, Copra was quoted today. 15.00-$172.50 per ton, nominal, Cocos 20 nutol vend quoted at 19% 09 cento. a pound usked.--United
Press
40 302-30 5714-32 United Press SINGAPORE MARKET
Singapore, Dec. 10. Prices of rubber futures closed today as follows:- Number 1 rubber, por 1.
December!!!! January (1982)
Tebruscy
Number rubber.
December Number, rubber."
December
Decizer Spot Flipb±-, unbilled”
Number, rubber,"
Mack crepe No. 1 pale eres
1031-345 136-116%
13434-123 13074-40114
107
1
Marifu.
These plants are to be moder nised and expanded so they will prozess about 30,000 barrels of crude dally.
the
These developments in Far East Dre important, Mr Follis sald, because they shor- ten the tanket fiauts and the demands on Persian
case Gulf
sources of crude and products Associated Press.
EMPIRE AIR CONFERENCE
Landoh, Dec. 10.
3305
360 ven to US$;
United Press.
London Stock Exchange
London, Dec. 10.
The London Stock Exchange was mainly dull in light trading today.
off 1.8.
daily
British Government bonds were weak, with loses ranging up to of a point Industrial steck opened with small losses but closed steady.
Times Financial The Index was 120.7, Japanese bonds
"A" (48. of 1800) (4s. of 1913) "C" (09, of 1901) "D" (63. of 1034) "E" (6. or 1024)
013 58
10014
60
109
60%
Associated Prose and United
NEW YORK MARKET
A three-day cititorence group- Ing the Air Force experts bf six Commonwealth counties, opened Consols in Boniloh under the Luxlay
Air Vice Pres
Deputy Madradyen, Chief of Staff of the Royal Air
Marshal
A
New York, Dec, 16, selected issues, může
talives of Australla, lk gding In lath trading today
New Zealand, South but generally the stock márkhá Afrlen, Rhodesia and the United who is fairly even, mixturd of Kihdoin will discuss common adphares má decllites. Problems which arose, during Do mes· Avěrsgid:"
Conference of Cothinon-Industrials
Wentth Delentés Mihtitornih, Ralla, va
10s London
100-150 Prente.
“United Prega.
Ingt Fiilid,
Franco- | Vilutės
ENT.£8.
1.60.
·40.50.
-Associated Press,