ROYAL INTEROCEAN LINES
LASMAN"
To
SAILINGS
Japon
Pingapore, Java & MacaxsaT -incapuse Dykarbo
Belaware Delt
Dre.
IWANGI"
Bre
CLANMAN!
Thith
Hakika
kam
ku
2
Apa Makassar Manda Singapore.
Atrica
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to Singapure, dava a
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Singapura
& Bele with Den
ALATAN.201
AIR A
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MAGINE
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F1015
ام فرم در
+
Tava Party A
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...
4.
A
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Gen Laut Agents
HOLLAND EAST ASIA LINE
SAILINGS TO KUROPE
KIJE 120CHT
HAAGTEKIRK
PTA FREESEE
Devenzbe
RO
5
FebruY
11
SAILINGS FROM EUROPE
Sal
Boitokods.
HANGING FKK OVEMSEL
·HUNGRYNK SAKENDA EHK
NIFERITE CAT'S
ACTIVEN Mongkon
Trecen ber
INSE
Ext denber Dermaher LINE
ath
t
Februals
MAR
196?
PRA
115
!
/ ז *
KING'S BUILDING. TELEPHONES: 28015 TO-28017 CHINESE AGENTS: 82, CONNAUGHT ROAD, C. TELS: 31196, 25193
MENACE OF PLENTY
Looks
Economist
At Bogey Of
THE CHINA MAIL, THURSDAY, DECEMBER 13, 1951.
To MESSAGERIES
Thailand Rice Britain Determined To
Exports
Bangkok. Dec. 12 Thailand's Tire
year ake expected to reach a post war record of 14.000 trts, accordhar lư Jufheritali e suurees, heie
Last je,
1 antal 1 100.000 tons was exported. while up to the end of last month rice
hart exports already reached 1,300,000 Ton —Regler.
JAPANESE
PLANS FOR
SHIPPING
Target For Building Programme Set
Takyo. Der 12
Repay Canadian, U.S.
Loans In Full US. Fails
London, Dec. 12.
A near-bankrupt Britain intends to honour in full the capital and interest payments due on United States and Canadian loans by the end of the year, a Government official said today,
Both loan pacts entitled the British to excuse themselves, under certain circumstances, fron making the interest payments.
payment.
8176,200 000
1-21 wol something s
nd of th: $94 CH 1,04
askere Commons the
Matamal
Agency
pg stax m:quh
sever!li des, in
Today need that
.!.
ge!
b
Jelewa.
141
* 1200 gross fres
es from de
octopus Cabanel today, calis th
Tut nsion lanats
03 Togglife: tetaibog 102,000 m de tanker of 18,000 Tons T!.. Claverant agend
$11000
med
13
ド
...
Fundin
reported www.
Bude. Me that anxiety exists about the nation's the Coven. -
Unied $4,350,000,000 anada $1.125,000,000 She en Count the year 2000 to pay these dents, meat end after World W. H1 had ravaged the
་
De first instalment due mi i " Ansethal Fan madde HR intert $138,500,000
Cut the SAT TRGU GOD represent
quide is alue to get $37 700.
Red which 523 5,000 win b
Ti Can haar lugia
Cater
partments A
ALKA)
HONGKONG
SHARE MARKET
From Our Correspondent)
The
volume of business das
Stock Exchange the
1. nerding was valued at $495.240 N.!! rules and the mornings
ansactions--
To Be Convinced
TIN PRICE IS "UNREALISTIC”
Washington, Dec. 12. Malavan
tin producers have failed to convince the United States that the hard- ships under which they work justify the prices they de mand.
to the secording pokesman of the Govern- ment-sponsored Reconstruc- tion Finance Corporation
here.
Tise
pokesman, comunenting Malay of 41 American Government in mus Ce donner report that the
United Sures were considering buying 30,000 tons of Malaya
BRAKES DUYERS SELLERA SALES than 1952 BANKS
K Whart
We
We would
buy many times that amunt of the priers
1 ivic
The United States might re- satne Barving for of the price bezi le aimet var ledtai a Mus Apes and in New York, atranda t
ITI
HK Bank Egy Asia
12500
126
INSURANCES
kin
770
!
Gndrew: less
5 10
DOCKS, ETC
E 100 224
99
Provident
13.20 1000
13 13
Sold Flock
3.50
Winel.ek XD 33',
AND, ET
BK 1001
PK and
Syn
30
200
Winston
Hamphi LATES
Tak
12
I'
500 5 30402395 ..
3100
13
+21
100
IG 4
18
7.
H
31)
*
*]
G
100 5. 5
Kheet lo
22 2000 1
200
22 222,
Be
209, 211, 3300
Teepe
1430
1,5
1.5
TO 1590
15018
21.
P
19%
100
25 264
A CLEAR NEED Munste
Government destly
of the head right now de plaas good political analasa
Washington ath CALL WI
pete to be clear im Be] Ta
I..
1.
DR.
j'adre
! *
b
Sevent
de
Ak by a siasat de bel wenn al
To jedlalp Minetly or the Jane Ministry over the target
Bu
F
15.
: the debts i fall despatc Surdulipas nevolved
100 000 Tubs the apps oveð
Row 1
Jap Competition Advance In
By GEORGE SCHWARTZ!
London.
Mournfully I recommend as prescribed read- ing for all classes of students of economies the debate on the Japanese Peace Treaty Bill, reported in "Hansard" of Nov. 26.
NY Cotton
Market
New York, Des 12 Caten
Closed Tuday fatharass ma lapina grand to end a series enabe swings over a talige or prints A Lush, a short it tim close found the
SA-U
Nonditio:
Ni
Every fallacy in the economic calendar was perpetrated by members who think they can dis- tinguish between proper and healthy competition
to as unfair, unethical, MODE and what they object unrestricted, unregulated, unbridied or ruthless competition.
Live
Biter
devine war kud Both woEUS,
utket
1900 od Ind.
To be brok
5. HAN Sept und the wretherteg
to the
Spot
..
1.
16. Webar Stat
ot podstanati, Tank fine con que sus or shaken sent
The Queen Alack and Gerds Fle
'יז'!
Commend.
WHAT TERMS OF TRADE"
יד :' :י
LI
aversait sup- stang higher prices
Tumalass riump months led the upswing. rallying akitional Notar las in ewed agita
10 group fr highe Onvernment support
1
Buses on the next season,
Preloved as follows »
burber
March 1952)
Ah
July
Cherub
Bcomber
Ma .11459
a belte: Shandant | w You've hond all The the dyelyes tarts in
That's what of trai
the ess
A LEVATIO
the term
are two sepis
to elup Baitoare
ship.
Th
U's all about
brings a
回
doesn't att
bel over
149 150
uliere
Cash of anger to bran
Sift it is the
ente in Anny nac
i love the arch, au boks
that from
1 Apala POARTS were
ازان
De verkon Busogon se dards of JAR
would be
This caintes Kranked Bad car ils beck by
1
astrou bying. JE
50 00
YOJ
V
the
of t
speake; on the relato vonuld give an effective retort. Po it can- not be denied that
by United
States and Canadian tandards we are puntry with a lower standard f Bixing. All the segments against Asiatic pro- dues could be employed against: European products by American
workers eunplayers and
AMERICAN AID
the cost o
reui hache ponder on poslality nay the urotes Ety that the term di troche
KUPNEA...
kia
will ne
gainst this wountry.
go rad,1s
Ab, you want to wages and prices in Asia for the things we buy and high wages and prices. for the things we sell. No hope of that.
The Japanese imitate our pol- From where till tery patterns. we got the willow pattern? The ancient Britons? It was a stock joke in my boyhood that most of was made in the the evils of State-te souvenirs brought back from subendised dumping. But it was the East by travellers were made The bonst of the late Government in Birmingham, Genuine Benares
brass-ware. had been that wage increases kap m check here by the food laugh then.
Holerance dejanie 1
That was a good You won't find one subsides. Suppose the Ameri- loughter in "Hansard" of Nov.
scheel protectionists, 20. fastened on that.
The ob Japanese Industry
vbjection
was made that had been resuscitated by American capital. In view of our American loans and Marshall Aid, we had botter keep quiet about that.
I don't
know that we would get much further with the point made in the House that one cause of the
Airlines To
Be Merged
low rest of labour in Japan is Inc., today the relative aburulance
of Ash.
New York, Dec. 12. Directors of Colonial Airlines, Accepted an offer from National Airlines to merge I've rung enough clunges on fish the Company with National, myself in the lost twelve years. The merger would be accom-
There
was almost generi plished on the basis of roven- agreement in the House that. to eighths of a share of National
competition, Airlines Common Stock In fair standards of living and working change for each share of conditions In Asin should be Colonial Airlines Common Stock. made comparable with our own. The agreement will be nub- Colonial Naturally the Opposition banked mitted promptly to on trade-union action to achieve stockholders for approval, the this.
ensure
The appalling thought decura
this happened New
EX-
terules fights from
York
42.80
42 78-42 12
0173
38 56
3835
38 22 anal
United Press
NEW ORLEANS MARKET
Sput December
1952)
Max
July betober
ecember Muren (1953; Mus
42.05 42.73 bid
12 45-42.51 420-23-43 27 41.7.41 77 38.68 38.25 bid 35.19 C 37.89 tid United Press
Guam Work Conditions
Nonely in the Government INDUSTRIALS
A
The deer Jon Wil
.Av
نالو
nformants thought it
M Churchill intesel
ke
The
whe B14 1
22
Cold on De
A week
M. Churchill Authors
Secretary
Cinvernment из Umid State. for talk
Presdef With ne velhogares
ugh in the
a for the fun--to-Face
Truman
RMF-
ץ !! :13
Watson
י יִ}
Crawford 330 38% hawa m 36
The Rubber
Markets
London. De 12
Prices f rubber futures
The Auglo-American polttica; ¦cNsed forlay as follows. get top as the serutinged unties be
いい
41734
The Bralous Ottawa
DIF
Januar
41962 Juary/March
aled Press
Sugar Workers
To Vote On
A World Union
D.legates
Washington, Dec. 12.
the organised sugar workers of Cuba, Puerto Rin, Mexico, the British West Indus and the United States will vote on Saturday on the questions of "ir and "how" to establishment of with
world sugar union. Serafin
Secretary
201
Romualdi, assistant
vi
Aprue
Buy September
;",,』,「4
..
Unili₫ Pre SINGAPORE MARKET
Singap we. Dee
Pric
..
pclosed today as follows
} Number Embas
December
January : 1952:
February Number 2 über
Deryaber
Number 3 Subbe
December Number 4 rubber
Detember
Spot rubber, umbaled
Black crepe
N. pale (TPS)
1301-431
ון יונן
en he
become beetak
payment!
M
"DIR HAKKIM' "LA MARSEILLAISES
BASTLY
"LA MARSEILLAISE"
BIR HAKEIM
""MORTAIN"
MARITIMES
ATTILITY.
Enying
IN
JRA
H
1.
passengers & treight
Jok
M
TEMPATA T
Chumphon Pr
Treneris and
3.51; Mario
2.000
Ma &
Tra
* Video A Trobe
freight for Saigon, Fort- Said. Tons. Algiers, Cran. Tangier. Casablanca, Havre. Dankaris Antwerp eti Rotterdam.
Subjeet 2, Change Wimu an! NAUDA
CIE DES MESSAGERIES MARITIMES
P.O. Box 53. Hongkong Queen's Building (gr. Hoor) Tel 26651 (3 lines).
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO: NEW YORK, BOSTON, BALTIMORE &
PHILADELPHIA vla SAN FRANCISCO, LOS ANGELES AND PANAMA,
NEXT SAILINGS
FRU
は
M.S.
"LEXA MAERSK”
M.S
ANNA MAPURA
M.S.
"LEISE MAERSK"
thy on the New York market at della and two ceply
Tus ligute la alife!
ARRIVALS FROM U.S.A.
Per
M.S.
"GRETE MAERSK”
M.S.
"OLGA MAERSK"
new ang to Cavernment control
1e Fited States stil dhe 6.10 Undy
M.S. Malaya Bal Mission 15 meaty after Br. si fleads hre
d www.nvatrons Reute..
FOREIGN
EXCHANGES
Cada
IN NY
and the
New York, De 12
1'680 97
28
2.91
244 20
lav
Zamies Juliu
2790
2.591
23.
"JEPPESEN MAERSK”
Tu Int Dec. 16 Dee
Ber. 22
Jan fi
Jan. 14
For Freight and Further Particulars please apply to:
AGENTS:
JEBSEN & CO.
Pedder Building
Tel: Nos. 36066-9.
New Oil Drilling
Operations In Ethiopia Planned
Addis Ababa, Dec. 12.
The Sinclair Oil Company is planning to drill for oil a second time in the hot, dry wastelands of the Ogaden Desert in Southeastern Ethiopia.
The company sunk drills into the desert sands at Gumburru two years ago but failed to strike oil.
AL
41
Mudand South An Ca Bedr
01895
Det
1455
France
138-9
West GemGON
4 29
12
Bad
2630
[ ] ᏅᏓ ' ;
1405
F. 1
43348
St
103
IND
`
OUTS
1384-
My trendand
2234
136-1%
WIDDLE EAST
F
2.881
134-135
31211
02.
1-201
201
Turkey
1730
LATIN AMERICA
Argentin
Brazil
0904
18
DUAL
40313
1.07
Mexten
155
Puru
0500
Uruguay
4230
Venezuela
2005
FAR EAST
India
2102
Pakistan
2030
Hangkony
1755
Indonesia
30/40
Singapore
3395
309 yen to LIS31 United Pres
127 -12#
139-146 10715-106:
152 153 ...United Press
Conference
In Bangkok
Balyt
Calle
Columbia
Cubn
of the Inter-Ameri- Regional Organisation
Bangkok, Dec. 12. Japan Workers, told the United Press A 10-day Asian lechnical There decisions were expe:fed manpower conference opened to climax the (CFTU-ponsored this morning at Chulalongkorn meeting on Friday and Saturday auditorium.
in New York.
The CFTU opposes Commun-
.m."
The conference,
sponsored by
111
American Hopes
For Trade
With The PI
Muntainous, volcanic Eini- oil-producing
IN
201
country, but Rede Bender, the Comp.ny's rp.esentative Sec. Lays:
"The only sure way of know- ing if there is oil in the ground in to drill for "
Anti That is exbelly what the Amzorgan-owned Company
in-
da in 1e noor to me?.
Mr Bender says.
The company's first y was made at Gumburru, but the site the new location has noi been revealed.
For the las, 18 months, th mpany has bean making inten- E.V preparations for its seand
of
The
Restoration Of Looted Property
Tokyo. Dec. 12. The Jap.nose Government was informed by GHQ thal after December 31. the Govert- ment will assume execution of the programme for the restitu-
y find "black gold" beneath. tion of looted property he bont-dry surface
A GHQ memorandum dated Dec. 9 and received by the Gov- Ugzden Desert.
crament
stated that yesterday property brought to Japan from
LENGTHY ANALYSIS
Mr Romualdi dismissed fears the laternational Labour Or expressed by
was declared opened Kugar producers ganisation, that Communist influence might by Premier Phibun Songgram
During the 10-day conference. He said, pervade the sessions.
delegates from 17 Asiatic coun- tries
will exchange views
to determine the order joi::ly To illustrate his point, he re-
best form of assistance which
Mr Bender said the site was countries cccupied by the form- ILO ma provide througŇ Ported that the Leftist bias of Harry Bridges' International
chosen only after all prospie inger Japanese milliary will field office at Bangalore, India. Longshoremen's
Ware and
dra had been sen o the United main subject to claims by coun- in order
pro- to organise and bar housemen's Union would
New York. Dec. 12.
Sets for study and analysis by tries which had been occupied. from Eerly utilise the manpower re- Hawaiian sugar workers
Traders here are expressing Amoriten oil experts. Sources of Asin. world participation in any
the Philippines, Afghanistan, Malaya, Nepal, the hope that SURET union.
money from Philip by earning more Virtually the entire Hawaiian New Zealand
and by continuing industrial ex- to investigate labour contracts sugar industry is organised into pirs were not represented this suger salts,
Con- eming with the las four de- to promote her
un-
San Francisco, Dec. 12 Pursuing a clamour in Philip pine newspapers that Filipinos working in Guam were
cessarily exploited, two mem- bers of the Philippines Govern- ment Bureau of Investigation are to arrive here on Thursday
to minimum
wage ILWU locals. The U.S.
gruss of
United Press.
and Lic
In
LONDON TIN
MARKET
IFT
These sources
in
have shown
stated The note diplematic
re-
re-
that the representative in These data included numerous
The country from charts from
szismographic, Japan of
which such property was magnetometrie
and gravimarie moved shall make requests for the restitution of such property collected by geologists.
directly to the Japanese ups. Iessla nú rock sumpics moved
eniment.
"It required much time, ellor end a great deal of money," Mr Binder said, "but i was essen- that all of this be done be- some concern about a possible
1010 tere a new well can be star ad." reduction Ia trade with the Asscelated Press.
that Philippines. They know inventorios of goods already shipped to Manlia are high, that the American Government plans the to restrict Economic Coopera- tion trade to Import has been limiting
in relation
of Industrial Organisations fately not attending, according pansion programme, will be in to the conference spokesman a position to keep on importing Advance
volume Lods comment
a has expeiled the ILWU on the
from the Unite States next year. Lekesman for a local stevedor- grounds that it is Communist- big firm using Filipinos ex-dominated. clusively saying,
"It's pre-
that Mr
sali Romualds posterous to think that the in-organisations that had accepted the New vestigators are to be allowed to invitations to attend
the included enter Guan. Furthermore, can- York
mecting dilions in our company are in Barbados sugar workers' union: order."
covering 50,000 workers of the The spokesman added that British West Indies. He reported
food, that Philippine, Indian and medical care, recreation,
workers had ex- lodgings and transportation were mosan sugar
pressed interest in the proposed provided free-United Press.
world union and would be among
con those invited to a world ference if one is held.-United Press.
BUNKERING OF JAP SHIPS
Taipei, Doc. 12. Coal bunkering for Japanese
London, Dec. 12. Prices of in fell rather sharp- this morning, but steadied at Turnover was the lower level.
100 tons.
Prices closed at the end of the offelal morning session as follows:-
Spot tin, buyers Spot the sellers
921
130
Pre-optha tin, buyers.. Three-inujitha llo, sellers Business done at
Dra
#10 DIN-010 1274
Popper Quotations emot
New York, Dec. 12.
market
United Pres.
Administration - financed
NY Stock Market
Dow
!
New York, Dec. 12.
¡
Gov-
All actions recommending the restitution of looted property afler Dec. 31 this year and until the the coming inte force of pence treaty must have the prior
of SCAP approval France-Presse.
Jones averages at the MORE ir, and that the end of the stock market "session,
Commission stood us follows-
new lenses 30 Industrials Traders, however, said Ameri- 20 Rails
een shipments to the Philippines
over the past few months not only have exceeded the value of Imports received from there, but have been almost double the 1950
volume.
In the black pepper Exchange Rates Philippine policy; a
chips al Formosan ports, whleh was recently suspendel wing dealers
s11 indicated 5001
They consider this to reflect
move ronybat Inflation.
Traders
also believe
the "This | Philippines:- Anancial altuntion is improving, with the ilkell- ja waną
15.50 hood that, for the first time 1991 | sliten the wks, the Islands will
done in the identi exchange markge
fore 833
and Washington, | !». the shortage of coal hers, material at around $1.00 a tiple was to me, suppose overnight. There were glum D.C. to Ottawa and Montreal, will be restored from January bound and December arrivals at nomcial faces all over London the other Canada, to lomilton, Bermuda work because the price of a cus and throughout New York State.
of, tes in the popular toanlupa National operates between rose from 2 d. to 3d. Suppose New York and Florid the workers In the tea planto- i svelated Press.
The
mithly supply
between $1.64 and $1.55. Locals at the following for resellers quoted December, ship-terling nule (per £1) Japanese ships is to be limited ment at $1.50, Jantiary $1.45 quidate may son..
$1,41-142. United Seals ipse, 2007 to 2,000 latis, the annoutice. | and March
Bingepore (stralia) iment addedileuter.
Pross.
FIC plaster (per 100)
Utilities
COTTON
200.09 FOR JAPAN
82.59
45.04
-United Press.
Japanese Bonds
London, Dec. 12,
Japanese bonda
"A" (4. of 1808) **** (48. of 1010) NCCR of 1007) "D" (58. of 1984). "(68. of 1934)
be able to all their mugar quota. | Consala 7.01 15.45ARSUQiated Press.
Karnchi, Dec. 12.
circles said Wicll-informed here today that Japan had decided to double the "quola of cation which she planned to
In Pakistan this sensen.
pan
now intends to, buy
000,000 bales gleid of 300,000
01
previously plannex.
01
The jenson for the reported
00
Japan Ineked, the dollars with
100
100% Japanese decision WHE Jint
which to buy American coftan,
01 the BASYIN elreles shiti
-United Press.
France-PreRSE.