NTEROCEAN
BAILIN Q.8.
To
INVES
Singapore, Penang tiblawan Betz
Bijakarta, V· demarang,
surable &. Macassar
HUAN HEUT82" *TIWANG
204
Feb.
204
Bingapore,
*TJTJALENGKA"
Veb.
9th
Feb. oth
Feb. 13t
"ТАЕМАЯ "TIBODAS”.
**JIUWAU"
ŠTIISADANE"
ASMAN”. *THWANUF
Fab. 13th
Bingapore, Mauritius, Dar-es-Salzm, Zanzibar, S. Africa & 8. America Japan Forte
Djakasta, Bemarang, Buczḥain s
Singapore, - Djakaria,
Japali
utabila. & Mincassir
Semarang,
Aingapore, Tennas & Balawan Deti Singapore. Djakarta, Semarang.
Burabala 4. Macassar
Djakarta, Terban Bemarang,
Estabala & Macassar
Bingapore
Kingapore, Mauritius, B. Africa &
$. America
Bingapore
Djakarta,
Surabala & Macazir
Benisrang,
Manila, Singapore. Mauritius, E. & A.
Africa America
Djakarta, Tilreton, Semarang,
Burada & Macassar
Singapore,
Djakarta, Semarang.
Burabala & Macaske
Bingapore, Penang & Belawan Dell Djakarta, Ttrebaut. Semarang,
Surabala "Mack
Feb, th
Feb, 20th
Mar.
2nd
"TZIPONŲOK"
ALGT.
"EMPANAS"
Mar.
"TJISADANE"
Mar.
7th B
Manila,
B. Africk
“TJILUWAB "DOIRSEVAIN"
Mar. 2011
Mar, 23:4
"TJIKAMPEK"
Mar. 25th
"DJIWANGI
Apr.
2nd
"VAN HEUTSZ"
Apr.
7th
"TJIBODAN"
Apr. 14th
"TJILUWAII"
Apr. 10th
Apr. 251H Stay 2nd
"STRAAT
May 2nd
MAKASSAR”
HTJILUWAI"
May 18th
ARRIVALS
"TJITJALENGKA" Feb.
71
Japan
Fab. 8th
JLUWAIT
Feb.
10th
MACREVA
TJISADANE"
Fab. 12th
Feb. 27th
"TABMAN"
TJIWANGI"
"TABRIAN"
"YAN DEUTSZ"
"STIAAT SOENDA" Feb, 28th
Singapore, jakarta, Semarang,
Burabala & hinchadar Singapore, Penang & Belawan 'Dell Ujakarta, Semarang,
Singapore,
Surabala Macasing Alaia & S. Americk
Hingapore, Mauritius, E. & 8.
Djakarta, Singapore,
Burabala & Macar
From
Semarang,
Peruz. Belawan Dell & Singapore
Surabala, Semarang, Djakarta Bingapore
H. America, E. & S. Africa Singapore &
Manila
Penang. Belawan Deli & Slurapor
Africa, Bingapore
America, 8.
5.
& Manila
General Agents,
HOLLAND EAST ASIA LINE
SAILINGS TO EUROPE
"OVERIJSEL"
.Feb.
7th
"HOOGKERK"
Mat..
ALA
"ADENDSKERK"
Apr.
"KIELDRECHT",
May
SAILINGS FROM EUROPE
Stotterdam
"HOOGKERK**
Sailed Jan. 3rd
Arcives Jongkong
Feb,
"ARENDSKERK
Jan. 30th
Mar.
"KIELBRECHT
Mac.
5th,
Apr.
"AAGTEKERK"
Apr.
May
June
"OVERIJEN
KING'S ECHINIST
FOREIGN EXCHANGES. IN NY
·Canada
New York, Jan, 31,
US$0.9924
2.78-3/16
England-ofcat":
unflictat
30-day future
+ 00-day futures
Holland
Norway Portugal
Spain
Sweden
2nd
May 2nd
THE CHINA MAIL, FRIDAY, FEBRUARY. 1, 1952.
Page"
INDUSTRIAL REVIVAL IN MESSAGERIES MARITIMES WESTERN GERMANY Plastics
Ruhr Experiencing A Boom
(BY VAUGHAN JONES)
· Dusseldorf, Jan, 31.
Less than seven years ago, the victorious Allied leaders, marching across the rubble deserts of Germany's bomb-shattered cities, predicted that decades would clapse before Germany's industries could prosper again.
Her factories were desolate shells, her rail ways wrecked, her great coal and steel industries: in the Ruhr paralysed.
Feature OF BIF
A
London Jan.-31. Britain's rearmament drive will cast its influence over the. 1952 British
Industries Fair, to be held at London and Birminghami in May
of the West still make a united Germany their distant goal. -
The Plastics Section at Heavily garrisoned by Red Olympin, in London, will be half A:my troops, the East seems to again the size it was last year. the West Germans a' far-away. For the scarcity and; price of Their Nazi Teaders in prison, the German people torbidden and which few with metals, diverted to arms, has crushed, under-nourished, "and dressed in threadbare to enter. clothes, scented trelpless in defeat.
And the new-yle big indusled many industries to substitute plastics for pence-time, pro- trialists have little open contact ·
ducts. Today, the smoking factories setiles her outstanding pre-war with affairs there,
Emphasising this expect will They, are content, for now, to be a central feature organised in the new Federal Republic, re- debts).
The economic co-operation recreate their wealth, and power by the Ministry of Supply. to- built and re-equipped at a speed which Western industrialists can of the victor nations who nd-in the rupidis seborn, resurgent rether with the Royal Aircraft DE.E.C. Germany of the Federal Re-Establishment at Farnborough, scarcely credit, are pouring out mitted Germany to well-produced goods in a bid to enabling her to receive the public, and grow fat under the IL will show how plastics are mutual trading benefits of mem protte ton of the armies of the capture world markets,
Western World. ber States. The shops are crowded, workers warmly clothed.
Walters in prosperous, rebuilt serve plates piled restaurants high with falty foods.
The pre-war style, stout Ger- man businessman, self-confident and assertive, bustling to his
the
3 The organising ability and inborn capacity of the German people to work hard for long hours.
• CURRENCY REFORM This has been the most strik- of all, And their
Carable office with the in-ng factor
leather briefcase under joint efforts to restart Germany's his arm, has reappeared in his industries were marked by one
particular date. tens of thousands.
In factories, the lights burn often all night, as shifts, take over from one another.
PATTERN EMERGES
the when
It was the day when #cigarelte сколоту" cigureties were a nation-wide currency came to an end.
was the day when goods magical-
HONGKONG SHARE
MARKET
at
GOVT. LOANS
BANKS.
INSURANCES
Union.
not only being used for now
erticles, but also for small heavier goods which in the past Have either been made of metal or involved, composite structures in their manufacture.
Other highlights will include. the Jewellery Section. There, Jewellers, silversmiths and watchmakers have also taken more space than last year in "Millionaires Row",
The total space occupied by the Fair in London is a little less than that during the 1951 Festival Yeur.
MM
“ZELIÐJA”
THEOGENITOR"
***FELIX ROUSSEL”.
+"BIORTAIN" +"ZELIDJA"
†
AAT.
Leaving
Outward Tar
Kobe, Yokoham
Homeward For
Marseiller via Mandia
N. Africa" "Europe
+afar, `25) Mary 26, N., Afričs &. 'Eprope
passengers & freight. freight for Saigon, Port Said, Tunis, Algiers, «Oran, Tangler: Casablanca, Havre, Dunkirk Antwerp Rotterdam.
Andjert To Change Without Notes
CIE DES MESSAGERIES MARITIMES
P.O. Box 63 Hongkong... Queen's Building (gr. floor) Tel. 20651 (8. lines).
MAERSK
LINE
FAST FORTNIGHTLY SERVIĈE TO:
1
NEW YORK, BOSTON, BALTIMORE & PIILADELPHIA via
SAN FRANCISCO, LOS ANGELES AND PANAMA. O
NEXT SAILINGS
M.S. "OLGA MAERSK" M.S.
"JEPPESEN MAERSK
M.S.
"HULDA MAERSK” --
M.S.
TREIN MAERSK”
Bir- cn-
M.S.
"PETER MAERSK"
Nevertheless, 400,000 square feet at Olymple and Earls Court have been booked by 1,250
GROUP EXHIBIT Nearby, pretty models will From Our Correspondent) show swimsuits and underwear.
Alongside will be
group ex- Business done on the Stock hibit, perhaps more mundane, a record was of printing Inks, and this morning In their homes stalwart young by appeared from under the Exchange
Noon number of displays showing the $830,847.50, inen and flaxen haired girls pre-counter, and millions of workers valued
the morning's latest office machinery and ap-
pliances. pare for the seasy's earnival and haustraus suddenly thought quotations and
and transactions:-- marks terms of again in bails. -
not in packets of knigs and Foreigners who express their
wars cigarettes or pounds, of coffee. SHARES BUYERS SELLERS SALES views about two world
The Ger- For.pn June 21, 1992med, and show deplorably bad taste.
(1548) pas,400,000 6 03 The concentration camps, the man currency was
werkers'
HK Bank pay packets once again
1365" -10 as 1570 liquidation of 6,000,000 Jews in
at the gas chambers and torture cells, represented real values. The occupaton forces, might never have happened.
The pattern of the New Ger-same time, were releasing one by one their controls on German many has emerged.
ne industry Smashed in their attempt at Dismantling, bitterly opposed world domination, the German
by the Germans, distavoured by people, with stubborn ten the Americans, approved by the hard
work and
recuperative powers which have astonished British, demanded by the French, frally benefitted the vanquish- have already Allied observers,
themselves. been successful in re-established
Using Marshal Aid funds, the ing Western Germany as greal London, Jan. 31..
and increasingly competitive in-Germans re-equipped their fac
tories with brand new machinery Prices af rubber futures dustrial force.
old and perhaps closed today as follows:
The Germans had been order-after the Number1 rubber, in cents
per 1. A March
The Rubber
Markets
October/December
40-4014 40-4014 304-40X 301-%
57.5734
-United Press,
SINGAPORE MARKET
Singapore, Jan, 31.
Prices of rubber futures. closed today as follows:- Number 1 rubber, per 16.
March
Number
J rubber,
| Spot rubber, unbated
United Press.
ed by the Allies to assimilate worn-out plant had been re- moved at somebody else's. X- Into their shuttered economy 9,000,000 refugees, raising their pense. population to nearly 49,000,000 crowded into 98,700 square miles.
This extra labour they now using to advantage, HIGHEST EVER
April
2.32 bid-
April/June
2.33 asked
July/September
2.76%
Australia
2.32
New Zealand
South Africa
2.70%
0109%
Beiglum
Denmark
1455
France
0023-9/10
West Germany
4.20
Junuary
.2040
February
1382-% 133-
-Italy
1405
Number 4 rubber,
over
370
Jaikary
0205
0935
January
Swizerland
2400
Number 4
MIDDLE EAST
January
Egypt
2.88:1
131-134
13024-331%
1284-120 1387-%
Ler.
And
03125
Відск стере
tran
Iraq
2.01
No. puts crepe.
3375
Turkey
LATIN AMERICA
Argentina
0703
,0500
0108
1.00
1155
4950
2005
EAST
Indiu Pakistan Hongkong Indonesia
2000 2030
.1750
10-10
New York, Jan, 31; Prices of cotton futures closed today as follows:- Spot
42.30 nominal March
41,79
Singapore Japan
.3395
Moy
41.47-41.80
360 yen to US$1
July
41.03
-United Press.
October
December
31.10
March (1053)
May
38,03 nominal 31.82 nominat 373 biết United Press,
Braz!! Boltyla
Cle Columbia Cuba- Mexico Peru
Uruguay Venezuela
FAR
.05.00
Cotton Price
In New York 1,200,000 there
July **
38.46
are
Germany's
STEEL RECORD
79
Then the Ruhr barons began by expanding their production for the home market.
to
Not
Britain's
sHIPPING
700 140 7211
10 7621
Asta Nav. 130 1.70 500 a 1 DOCKS, ETC.
K. Wharf 102 N.PL. Wharf 6.901.10 2560
Dock Provident 14.10
Shal Dock
Wheelock LAND, ETC.
HIK Hotel 1 Land Shai Land Humphreys
UTILITIES
Tram.
3.00
500 1.17.0 25-1000 14.60
2000 3 33,00
1000 14,75
454 450 0
3
.. 0033 BUS. 900 55
3000 1.40 1414 142% 800 or 145
„17 60.
P. Trani 101 2315
P. Tram (N) Stat Ferry.
116
500 17.65
300 e 17,70 01370
ot manufacturers, while
in the heavy mingham, gineering section, more than 1,100 already manufacturers.... have taken over 485,000 square feet at Castle. Bromwich.-London Express Service.
Grain Prices
Decline
Chicago, Jan. 31.. Profit-taking near the Alose C. Light (0) 8.30 4000 8.80 brought a sharp reaction. ana CLIMB (N)
0.10 500 10
Electric... 23.55 242003 carried all grain futures lower. dee. (Bonus) 223- 2000 276 Wheat futures closed 24 to 3% #lower and soybeans 24% 14,4%
ARRIVALS FROM U.S.A.
M.S. "NICOLINE MAERSK“
Feb. Feb. 14 Mar.
Feb. 15
Feb. 29
Mar. 17
For Freight and Further Particulars please apply to:➡
AGENTS:
JERSEN &
Pedder Building.
CO.
Tel: Nos. 36065-9.»
PATTISON ORIENT LINE
LIMITED
s.s. LAURE PATTISON”.
Telephone INDUSTRIALS
Cement
Rope
Dalry
24
1000 r 1960 2800 216
17 174 5500 17,40 lower.
Prices closed as follows- 18.50 103% 1200 @ 19.40 What-price per bushel
Spot
2.541 nominat
2014 2014 20
Watson
COTTONS
Fun
Crawford
300 or 3319
MISCELLANEOUS
Yangisze
200
1103 430 ...4.20
1.20 1000 3,10 MICH
March Mny J September *Cam Spat
2.301-14
2.531- 2.45-2.45
May
July
1.0514 1.91 1.877.1.87 1.21-1.02%
Due From:
Rye
March
2,0011-14
Kobe Feb.
2.0015
Osta
March Μην
09.00!
New York fast-per 200 lb. Back. $12,000-United Press.
LONDON TIN MARKET
London, Jan. 31,
Prices of tin were eusier today. New
Three-monthis Business done at Settlement
ARTIS
057 buyers DEG
efters mus
0874-935 98215 United Pre
When this was eatisfied, they sought out new, territories. STOLE A MARCH
Western Western
and other Britain Today overalt industrial production is nations were gearing their in- the highest in history. It is just dustries to rearmament. Their STORES, ETC.
ane-third more than in hands tied, their raw materials 1938, the peak pre-war years swallowed up, they were forced to before Hiller ordered his people watch, merely, while the Ruhr thel: foreign to produce guns instead of but-chiefs built up
trade on the basis of the rame her last year's £1,174 products as before the war. million exports (£697 million in None of Germany's precious 1950) were already nearly half materials were being turned into
although those of Britain. (Finished and weapons, half-finished products were 78 trading circles had long warned also be that Germany must per cent of Britain's).
gh unemployment, over allowed Although
part in play her 1051, dropped
ped from 1,780,000 to Western defence,
were 2,300,000 Now, Germany's export drive, the carofully supported by the more people in Jobs in Western Zones than in the same Federal Government, is well or-Turnover was 125 tons, including
ganise
the only are area before the war.
Ave tons for cash. Prices closed" German Wages, though still compara-
products, tively low, are now 20 per cent including machinery, (their No. at the end of the official morning
session as follows: higher than a year ago, although 1 export), and other metal goods, in she cost of living has risen by chemicals, electrical goods, coal Snet tin, sellers
Business one at and steel being. shipped abroad. only 12 per cent
Three-mantha ta, The Germans are also concene
Un The housing programme is betrating on delivering consumer ago schree- ing rushed ahead. There are still goods (only five years nearly 5,000,000 houses and in-ly obtainable at sky-high black be built-but market prices), Including cloth- dividual flats to
tinned Western Germany es-ing, Jast year tablished a record in construc-jewellery, and once again, weil tion, She built 370,000 "welling made, sturdily-built toys.
Business was done in the local And export traders, compara-
exchange unlis", and bricklayers bansted
market this that, even working alone, they tively free from governmental unoillelal
morning at the following rates: allocations
controls, are U.B. dollar per $1) and could lay 900 bricks a day.
Storting note per 11 re-lapurred by official incentives.
Indonesia guilders (per 100) They produced 1334
· PLOUGHED BACK' ~
Stom teal (per 100) million tons in comparison with
Singapore (Étrait) to retaik They are allowed Jess than 3,000,000 tons in 1947.
cent of the when the Allies allowed the steel about four per
currency they. earn industry an ultimate capacity of foreign
Nominally, they must 11% mlion, tons.
this currency for business And this is only a prelude: By use 1955 they expect to produce well purposes, but there are ways of They partially avold the "turn- utra-modern steet plants come
over" tax, a tox over 17 million when four new evading the restrictions.
levies at dif Motor car production showed ferent stages, of prozessing and the usual record...The Industry manufacture.
They are allowed to deduct Local resellers indicated doubled its output in comparison to be a good cash to plant February shipment at $1.30, with 1935, just before Hitler or three per cent of their total ex- tris year.
March $1.27 to $1.28 a pound, on dered it to ewitch to the produs-port. turnover from their annual If the market reacts as Mr an ex-dock basla. April shipment tion of war vehicles. And now assessment for income tax,
And to finance their reborn ean was quoted at $1.25 to $1.20 a there are over a million Shielda predicts it will.mean
cars on the roads than before industries; business bosses have dissiplined themselves to plough. higher prices about the time pound-United Press.
the war.
Puzzled at this lightning re-back their unusually high post- covery, Western Industrialists was profits, into their businesses; are seeking to analyse how Ger-in, the steel, industry, alone, last year, million was reinveste:t. has achieved itals
The rank and file, of German workore, wishing to. forget the
Sugar Price Improvement Predicted
Washington, Jan, 31.
President Robert H. Shields
of the United States Beet Sugur
Ascociation today predicted
DI
Spot
NEW ORLEANS MARKET
41.00
41.70-41 81 41.50-41.53
March
May
July
Oclober
December
March (1953).
May July
41 01-41.23
38.30
30.57
38.13 bid
37,02 bla
37.49 Did United Press.
Pepper Market
A
New York, Jan. 31,
market drifted. lower in quiet trading today,
significant Improvement nf The pepper sugor prices after the pressure
of
the now----
Steel workers created cord too.
sugar has run it Caribbean Spot motorial was available at into nation,
course.
Mr Shields assured farmers that sugar beets would continue
when the new crops Philippines and
two
of the United
States mainland, best and cane sugar are moving to the market
autumn.
this
Mr. Shields was not dismayed coftening of sugar prices tho In-roo
-recent- wecifs,
by
He termed this development temporary and expressed con fidence that the Government's December effort to boost prices will ultimately succeed,United
$136 to $1.37 a pound and afloats
at around $1.35 to $1.38 a pound.
JAPANESE BOND'S
many
*
more
London, Jan. 31. Japanese bonds
They see three! major contri- “A” (#5, of 1800), 66% Butory factorD AID "B" (4a. of 1910). (59.of 1907)
" (5s, of 1034). "E" (843, of 1934); Consoli
-70 110
70
zu:00..
£21
foods; artificial Exchange Rates
War and past was hardships, are
1. The nid in food - and": baslo' Alad to work-and work hard,
Many of the foremen are former- grants and loans given Mo
N.C.Os in the
the German army; Germany by the victor: nations N.C 01% to set her on her feet following come, were prisoners in remote snowbound Soviet internment United Press,
her collapse. Marthall Ald camps. All pre
And a In this respect,
content to provides £625 million in goods, place in a well-run factory. technical assistance and. We often they are joined by
from viver. The Occupation Power friends who have,fied Britain, America-ánd - †Francof. Rutsien Zone. The fron million, though, farthermiete lent 201
a one-way £1,740 million and 5% million, trame which
Soviet Orders For Italian Textiles
Soviet
US Rayon Output
New York, Jan. 91.3. American» rayon production
Eastern Godmany capacity will climb to 1,660,- for textiles in Italy upon their songs (Britain/hnanaw W 000,000 pounds this yoor, the The orders include £300,000 agread to roalo, this sum-down square miles with a population dusty sources predicted. Last worth of woollen sultings and to C180 million, America to of just ever 17 million, is held in March it stood at 1,335,000,000 300,000 worth of myon yarn £450 million, France to Just Communist grip behind the pounds mocisted Erent, fed and fabrics -Reuter.
ver £4 millon Germany Iron Curtain, although politielons
Dr
Rússia' has placed big orders respectively, "ta, food and clothed frontier guard, One H1800/
FIC plastres (per 100)
World
York Sugar Market
New York, Jan. 31. sugar. futures closed
today, unchanged to 11 lowe:
9th, 1952,
-12-14 Queen's Road, Central
Sails For:
DIRECT Pusan & Japan Feb. 14th, 1952.
› CHINESE-AGENTS:
Tel: 25846.
OVERSEAS CHINESE STEAMSHIP Co.
48, Bonham Strand, West, 1st Floor.
Tels.: 25640) 26127 & 31119.
with saics totalling in contracts. NOTICE TO CONSIGNEES NOTICE TO CONSIGNEES
Contract No. 6 closed 1 higher
to 2 Jower with sales totalling 00 contracts.
Contract No. 4 (world) March
4.43
Miny
4.45
July
Beptember
·4.48 bid: 4.48
November Spot
4.49 nomine 4.45
Contract No. 6
March
5.30 hid
4.01.
May.
18.38
July
4.38 bid- Sa-bid
3.30
September
2750
November
1.73
Spot
12.35
United Press,
9.30
... “BELLENOPITON",
Damaged cargo ex this,venel will
`m/v "CYCLOPS"
..
Damaged cargo ex iijja veasel will
be surveyed at Holl's Wharf between bé, surveyed by Menard, Goddard & 10 a.m. and noon on February | and | Dougies: at Holt's, Wharf, from 19 m.in. 2. 1857, end'ver.signtes äre requested on Vebruary 4 -4218 #♬ 1953, and sim- to have their representatives present signees are requested to have thele representatives present, during the during the survey. „*
mrvey
BUTTERFIELD, Lin,
Agents.
|..BUTTERField 2 swine,
...Agents.
Hongkong Janušty 11, 1652, à Hongkong, February 1, 1052.
"THE TRADE ROUTE
TOKYO TAIPEI
HONGKONG BANGKOK
RANGOON
CALCUTTA PENANG
SINGAPORE
SAIGON
OF THE ORIENT"
Skymaster speed and comfort on The Trade Route of the Orient strikes the note for 1952 travel.
THAI AIRWAYS CO.LTD.
BRANCH OFFICE (POAS)
PENINSULA HOTEL LOBBY STEL. 6886