MESSAGERIES
M
"ZELIDJA"
"THEOGENITOR"
*FELIX HOUSSEL"
"MORTAIN"
1"ZELIDJA“
THE CHINA MAIL, TUESDAY, FEBRUARY 5, 1952.
MARITIMES S'pore Business
Arriving -Leaving
Feb. 28 AERT,
.Apr. 2 Apr.
1
4
Atar,
.Mar. 7
Ator.
. Mar. 30
Mar * Mar. 31
* passengers & freight.
M
Outward For
Kobe, Yokohama Haiphong
Homeward FoT,
„Marselling via Manila
N. Africa & Europa
M. Africa * Europe
freight for Saigon, Port Said, Tunis, Marseilles Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk Antwerp & Rotterdam.
Aubject To Change Without Notice
CIE DES MESSAGERIES MARITIMES P.O. Box 53, Hongkong
Queen's Building (gr. floor) Tel. 26661 (3 lines).
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & FIILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
Complaint
Singapore, Feb. 4, The Singapore Chinese Chamber of Commerce says that the Colony's new exchange control ordinanco trade with In crippling Thalland, Indonesia, Burma other neighbouring countries.
The Chamber is drafting 0.remorahdum aukhang thị Government. to relax thei
controls: exchange
similar protest
made by
'A
has been the Stagopore-
Slam Traders Association.
-Associated Press.
REDUCTION IN BRITISH IMPORTS
are
i
U.S. Banker Outlines ROYAL Ivierocean Lanes
Prospects Of Japan's
Foreign Trade Japanese
New York, Feb. 4. **
Mr Joseph Dodge, President of the Bank of Detroit, said tonight that Japan cannot have a truly prosperous foreign trade until general peace is restored in the Far East,
Mr Dodge, economic adviser to the American Occupation Authorities in Japan, spoke at the 48th annual dinner of the American Institute of Banking.
Search For Rice
Tokyo, Feb. 4. The Japanese Government
**TISTJALENGKA",
~TASMAN" *TJIBODAS”
"TJILUWAD"
JISADANE” "TASMAN" "OISBEVAIN". "THWANGI"
"TJIPONDOK“ TJIPANAS" · "TJIBADANA"
"TIKUWAU"
"DG1SBEVAIN"
"THIKAMPEK"
*TIIWANG?”
is to send officials to Burnia "VAN BEUTSZ" and Thailand
to negotiate
for more rice imports to Зарап.
The move is expected in view
of the comparatively small rico
“TJILUWAH"
"TIILOÐAÐ"
"TARMAN" "TJIWANGN
"STRAAT
MAKASSAR"
He said: "For Japan, trade development will depend not so much on ils economic recovery as on the economic recovery of the normal Japanese trading areas in the Farallocation recently decided by "TJILUWAN" East.
tinuo
to
The Government had planned
"TJITJALENGKA"
“THLUWAHI“.
TJADANE".
"VAN HEUTOZ”
VATHING'S.
Yah, th Feb 1300
Feb. 15th
Feb. 16th Fett. 29th/ Mat. WENT.
11
Kingapore,Mauriitui, nar-og«Hulagu
Sandbar, H. Africi. & R. Amatira. *rapan "Portr
jakarta, Heniatang, Hugabala *
Bus clashr
· Dijakarta,
TANE,
Surabala & guessin - Dy
Japan
Hingapore, Penang, DelawarTM pen Zapan.!
Alugupale. Tijakarta, REMAJADE,
Kurabpia & Macaziar
Tiirebon.
Bemarang,
я. Africk tagspore, Mauritius, 8.. Africa A
*1. America
Hurabaia: DINCADRAT
Manlia, Singsbore, &
Singapore, Djakarta,
"Surabala "A Macassar”
blar. 51
.Star. ሃኪ
Djakarta,
Far. 18t
Mar. 23rd
Mar, 23th
ADI. XED
Apr. 7
Apr. 16ti
Apr. 17th
Apr. 25th May 2nd
May 2nd
May 14th
Semarang,
Manila, singapore, diauritius, E. & 8.
Africa & b, America
Djakarta,:.
Trebon,
surabala 'vaiscansar
Semarank,
Singapore., Djakarta, Semarang.
Hurahmin Mnezasar
Hingapore, Penang & Belawan Dell Djakarta, Kingapore,
Setparang,
Barabain & Alacassar
Djakarta, Tiirebon, BeATADE
Surabala & MERCATIT
Bingapore, Penang & Helawan Dell hingapore Djakarta, Sontarans,
Burabola de Atacassar
Stanila. Bingapuro, Mauritius, R. &.5.
Africa & H. America Singapore, jakarta, Semarang,
müraupia & Macassar
ARRIVALS
Fød. 7th
Feb. 處
Feb. 10th
Feb. 12th
Feb, 27th
STRAAT BOENDA" Feb. 28th
Марли
From
Penang. Belawan Dell ́ Macassar, Surabala,
Djakarta & Singapora
Kingapor Semarang,
8. America, E, & S. Africa Bingapore &
Manlis
Penang. Betawan Doll & Singapore B. America. 8.. Africa, hingepate
General Agents,
HOLLAND EAST ASIA LINE
the two countries against the Japanese Government
Import New York, Fab. 4.
of what could plan. "Recent Japanese trade figures, home example
***TASMAN" Thalland is reported to have American and Canadian ex-
ahow, an alarming trend toward happen to them, to
increasing porters wai be permitted
"From a condition of outright carmarked 200,000 tons of rice national disuster Japan has made lor export to Japan, and Burma ship to Britain this year only dollar imports and
Sterling exports."
in a relatively is said 10 be ready to allocate three-fourths of what they sent
Asserting that the Japanese great p:ogress 1st year, export sources said.
for Japan for the Under the token Import plan cannot continue Indefinitely to few years. If its Government and 45,000 tons established by Britain, 1951 im- buy raw materials in the dollar its people realistically appraise first half of the current calendar
a and sell goods in the Sterl- the problems of the nation and year, pon's were restricted to 40 per region, Mr Dedze said the take appropriate and effective Marnwhile, the Japanese Gov- cent of those in the base perlod United States was short-sightedt uteps to meet them, it will con- ernment, hud expected under its of 1030-38. This year's imports in placing obstacks in the thes justifying our confidenco by to 500.000 tons of That rice and make progresy Japan Import plan to purchase 400,000 will be limited to 30 per
3D per cent.
of large: Japanese salgien setting a notable example of 1302 600 tons of Burmese rice. The oken import plan ap-so-called hard surrency region. plies to specifled commodities He said: "The Japanese situa-creasing accomplishment and she
dollar ion is whose importation from
not made any easier by can easily became the principal to import 1,000,000 tons of for- prohibited
In the Far sin rice this year. sources is generally
resistance in the stabilising factor the general
from Besides rice to como Those cigible to United States to imports from Fam.“ by Britain.
the-plan
tribute to Burma and Thailand, contracts M: Dodge paid a participate in
Jagan or any other nation. The manufacturers and agents who result is that our exports are
are the Japanese support of the were concluded last month for hnd pre-war trade connections being paid for mostly by loans United Nations action in Koren importing rice totalling 165,200 in England, Scotland, Wales or or
could tons of the taxpayer's saying: "Our problem.s
from the United States, or grants of Northern Ireland.
money to other nations. We have been much more serious Italy, Brazil and Formosa, No
Egyptian rice this items have been have not yet fully acknowledged there had been any disposition
Import of added to the list of commodities. the fact that the greatest creditor by any part of the Japanese year is viewed with pessimis
which Egypt, The Ust includes about 2,000 nation in the world cannot con- people to add to our difficulties because
from Items ranging
place increasing oh with sabotage or disruption of 170,000 tons of rice were im- cottontinue to
supplies. ribbon to refrigerators.
before nations
communications, which pur The plan was discontinued for
means to buy from us," of interference or non-co-opera- agreed to barter, rice for whent
from Russia. it.-Associated participated In
Mr Dodge contended that the For Freight and Further Particulars please apply to:- other countries which previously mix export to us if they are to transportation or any other form ported to Japan last year, has To make up for this amount, American occupation had shel-
He pointed out that Japan, the fered Japan from cold financial principal U.S. military base and the Government is believed to staging area for Korea, has be turning to Iran, Ecuador and winds to some extent.
"For the past six years Japan; reaped more than $500,000,000 Brazil.-France-Presse. has been Hving under the pro- for services and materials needed tective umbrella of the Occupa in connection with U. S.- military tion. In effect, it has
operations in Korea, which con- been a
M.S. "OLGA MAERSK" M.S.
"JEPPESEN MAERSK"
MS. "HULDA MAERSK”
ARRIVALS FROM
M.S. "TREIN MAERSK" M.S. "PETER MAERSK❞ M.S. "NICOLINE MAERSK”
AGENTS:
JEBSEN
Pedder Building,
ཆགས
Feb.
6
Feb, 14 Mar.
2
U.S.A.
Feb. 16 Feb. 29 Mar. 15
CO.
Tel: Nos. 26066-9.
Charges Against Agriculture Dept. Officials In US.
Washington, Feb. 4.
House investigators today accused the Agriculture Department of wasting millions of dollars by renting private instead of Government warehouses to store grain.
A spokesman said the Department only followed Congressional orders.
Foreign Exchanges In NY
Canado England-oficial
New York, Feb. 4.
US$0.09-11/18
2.78-3/16 2.32 bld 2.35 asked
nofficial
33-day futures 90-day futures
New Zealand
Belgium
Denunark
France...
2.774 #.701
2.22
www.
2.2012
01081. ,1450
In a blistering report a House Appropriations subcommittee also charged that certain De-
iment employees DAY
accepted gifts of fruit, shrimps, belts with silver buckles and trips to the dude ranches from Arms doing business with the Depart- ment.
It recommended the firing of (wo Kungus
City.
Missouri, employees-Carl G. Raush and Willard D. McCabe-and pre- sentation of their cases to the Justice Department. It revealed alto that charges against & former employee, Jack Cowart, are being presented to a Federai Grand Jury in Virginia for prosecution.
Press.
new
Indonesian...
stacles
tion.*
Measure nation operating in receivership..stituted a substantial and
Explained
JAPAN'S OBLIGATIONS
"I suggest that as Japan takes on Bull responsibility for its do- mestic and foreign affairs, it wil discover that the inevitable dia- advantages of the Occupation Finance Indonesian
were offset by some significant Minister, Yusuf Wibisono, told advantages.... the Press today that the abolition
The
Djakarta, Feb. 4.
Mr Wibisono said that In
43
unusual source of foreign ex- change.-United Press.
HONGKONG SHARE
MARKET
from
Grain Prices
In Chicago
Chlengo, Feb. 4. Prices' of grain futures closed today as follows:- Wheat-price per bushel
Spot...
March
May July September
Corn Spot
2.50 nominul 2.5474-16
2.5034-Th 2.4446-7% »
2.4631
1232:
1,61% bid 1.04-1.844- 1.6414-15 1.81
ct the certificate systern for "As an independent nation Imports and exports did not Japan will have to meet certain mean a new devaluation of the postponed and some new finan Indonesian rupiah because decial obligations. But I want to
March facto devaluation had already make it clear that the Japanese
(From Our Correspondent) May been effected with the institution
Business done on the Stock July Government has always been of the certificate system itself. concerned about these obligations
this morning was September
T and frequently has expressed Exchange
valued zat $860,882.25. Noun March future the value of the rupiah Intention to satisfy them soon quotations and the mornings May would only be dependent on the it is possible to do so." national production volume Mr Dodge was obviously talk-transactions:
SHARES QUYENB SELLERS SALES March about
outstanding BANKS
New York four-per while under the new regulation Ing abo dollar bonds
100 ₪ 1500 on the HK Bank. 1500
1395 Sack. $12.70,-United Press. New York market. He also was
1800 to reparations claims SHIPPING
1.80 Japan by nations
by the war.
llabilities
*Japanese
the
them age,
50
Asla Nav. de-
... 1.55 1.70 5000 DOCKS, ETC.
K. Wharf 1025 Include N. P. Whart 7.10
Drack..... Provident
the exchange rates were fully Japanese under control. further The
ro- that several gretted
omcials were responsible for premature leakage of information on new measures ond sald that reparations covering war dam- claims for restoration of Bovere punishment for would be in order.
Allied properties lost or damaged He also blamed homo
in Japan, settlement of Japan's portera as well as foreign cor- pre-war foreign debt, the costs spread of expanding national and in- respondents for having
responsibilities the set em-ternational the news before
the its bargo time.
post-treaty status and According to the Minister, the costs of recreating an adequate domesti security force and of leakage on the measure DEW enabled big capital enterprises any collective security require- In draw more benefit by buying ments."
up stored export products from
amall businessmen. - France- Pressc.
The report, based on a close Cotton
door investigation of the Agri- D028-0/18 Culture Department, maid that
some 109
storage facilities used
Austraila
South Afr.ca
West Germany
4.23
Itellanl
2030
.1405
.0370
0205
.0035
Italy
Norway
Portugal
Sppin
Sweden
Price
by the Commodity Credit Cor In New York
poration on 1048 and 1950 were
surplus Government property
that had been leased to private
| individuals or corporations
It cited
cases in which the
New York, Feb. 4.. Prices of cotton futures closed today as follows:--
42.77 nominal
Spot
Department rented were.houses March for up to 20 times as much as
May operators were |July their private
other October paying in rent to
December Govemment agencies.
March (1053) May July
Switzerland
MIDDLE EAST
Egypt
2.B
Iran
.03125
2,31
Iraj
Turkey
then
LATIN AMERICA
Argantina
DAL!
0500
Bolivia
Chile Columbia
Cuba
Mexica
Peru
Uruguay
41.60 41.7
40.65
nominal
-United Praze,
Closing reta Feb. 4. 41.50 43.00
NEW ORLEANS MARKET
Spot
MUCH EXAGGERATED The Agrkulture Secretary, Charles F., Brannon, in best! mony during the hearings, muld reports of storage losses up to $100,000,000 were, "pipe dream- March
May July The total would not to over October $7,000,000, he said, and the sub- emmilles concluded that most March (1053)
Ind
Venituela
.2005
FAR EAST
5000
India:
Pakistan
3030
..1750 2040 3355
360 yen to US$1
Hongkong Indonesis
Bin Expor
apan
United Prem
LONDON TIN MARKET
London, Feb. 4.. Prices of tin were firm this Turnover was 180 morning. tons, including Ave tons for
December
May
of the money will be recovered | 705- through voluntary payments of
damage suits,
Informed
that
Enckesman
of the report, a
40.05-40.69
37.10.
OF LE
27.02 10
United PreRY.
DIFFICULT MATTER
S'hai Dock ... MINING
Reub #2|LAND, ETC.
He thought that the working out of reparations payments, which Japan is seeking to satisfy in services rather than goods, might be extremely difficult and costly.
1000. 7,10
2774000 17.06
3
1000 7.10
HK Hotel.. 8.20-0.40 1000 m
HK Land
at Land officys
r. Tram to
2017
1.40 14.00 3421
4 Light (0) 8.55
a
C. Light (N) Electric 2332
1100 8
732
1000 6 835
-1000 @ 1.30
Ozt
May
1.9194-16 1.02
8315 B3-33
200
Rice Output
In Formosa
Taipei, Feb. 4. Premier Chen Cheng today 2000 as pledged lower food prices, more 500 ve 30 land reforma and increased rice
5000 @ 8.20
850030 production for the coming year
BOGO 63 2.20
1500 es 520
450 * 58
Formosa,
Writing
in the agricultural magazine "Harvest," Premier said rice production of tons will be 1,000,000 motric
27.25 1000 @ 1794 1:00:0
Last year's record production was 1,500,000
500 17 sought this year.
20000' or 8.50 tons.
~1000 25. 1,80 Reductions in prices are *X-
F0 $.50 pooled, to result from a
500 6.80
800.55 output of rice, which
8 0.20 1000 ir „4.10 basic commodity.
Elec. Bonu) 22.30 Telephone
Vement
1000 21.
record
the
75 € 23.85 The Premier ulso warnce 4266233 Abat any effort to obstruct the programme for land reforms would be ruthlessly suppressed,
3200 or 1735.
10.05 United Pres
18% 10% 500
世論
0000 * 2015
"It will not be easy to absor these additional burdens but confident Japanese Government and Japanese people will make every effort to re-establish their world standing by fulfilling INDUSTRIALS thate obligations to the maximum possible degree.
be cannot. "Accomplishment
Jane without sympathetic Tonis, ETC." completed
cart- Dairy full understanding and
Watson..... alderation of the rture of the with which Japan must problems struggle and the obstacles to any quk, easy or completely satis- MUSCELLANEOUS factory solution of them. From any viewpoint, they comprise a formidable array of difficulties which easily might dismay a less Industrious or courRECOUS people.
Entertaäument Vibro
The
2016
03.10
1000 18.75
EMPIRE TALKS
CONTINUE
SAILINGS TO EUROPE
"OVERIJSEL"
Fab.
HOOGKERK"
Niari
ARENDSKENK"
Apr.
7th
"KIELURECHT
May
7th
BAILINGS FROM EUROPE
Noliezdam
Arriven Tiongkong.
Railed Jan. sia-
Frb.
Xth
"AREN
Kailed Jan, 201
Alar..
Mnr.
* Apr,
19th
May
May Ind
June 7th
Apr.
PATTISON ORIENT LINE
.LIMITED
5.5. “LAURE PATTISON”
Due From:
Kobe Feb.:
10th, 1952
12-14 Queen's Road Central.
Sail's For:
DIRECT Pusan & Japan Feb. 15th. 1952.
CHINESE AGENTS:
Tel. 25346,
OVERSEAS CHINESE STEAMSHIP CO.
48, Bonham Strand, West, 1st Floor.. Tols., 25646, 26127.& 81119.
Philippine Outery
Against Sugar Export To Japan
Manila, Feb. 4.
A Liberal Congressman charged on the floor of the House of Representatives that a multi- million peso lobby has been organised by sugar · interests to block the exportation of sugar to.. Japan.
A near fist fight and heated verbal exchanges marred the House session after the charge was made by the Con«,! gressman, Mr Hermenegildo Atienza, Liberal of Manila, in a privilege speech.
the
Mr Atienza defended the | tpplied fra a similar licènes as Quirino administration, for ap- Mr Roxas, among them
of the proving exportation of so-called Directors and members London, Feb. 4.
Class sugar to Japan even Sugar Association?" The two Commonwealth committees studying Sterling before the Philippine sugar quota on the United States market is and investment. convertibility
alled. and long-term borrowing projects continued their private meetings here to day.
Rubber development
Markets
London, Feb. 4..
Prices of rubber futures cicret
for. Mr Brannan Exchange Rates my visits to Japan have done today as follows:
some 109 fotmer
defence warehouses were usel
the Commodity
Credit Corporation. But, he said, about 54 of them already had been leased for long terms to local governments which in turn bad sub-leased operators to privato
-husiness, wax done in the local market tELLM morning at the following ratesim UB., dolar (per; }) ............ sterling noto ar, 41) Indbücele guilders (ver 100) Hiam tlenie (per, 100) Aingapore (Eiratiu) ric blantes : (per 100)
Wwdzonange
Number 1 rubber,
A near fist fight developed when a Cong:casman, Mr Manuel Zosi, Liberal of Cebu, repented- ienza charged that the ly interpellated M. Atlonza, who Mr Atienza Tobby had influenced 14 Senators had asked that he be allowed into opposing sugar exports to to Anish the speech first-United
The controversy over the ex-
Jajan,
port of sugar to Japan arose
Fress.
Arched a secret session this following approval of our New York Sugar
The committoo on investment and borrowing for Common-
gesalon morning under the chairmanship 2012-13 of Mr J. G. Foster, Common
1 Relations 314-74 wealth 37-38 Sceretary,
The commiites convertibility met in the after- goon under. Sir Arthur Sulter Minister for Economic Affairs Reuter,
in ceata per ib. Manch April Apri/June
3076-14 July/Beptorba z
3915-1 October/December
United Press, SINGAPORE MARKET.
Singapore, Feb. 4. Prices of rubber futures closed today as follows Number 1 rubber, per 10,
February March
"However, there is no evidence of that at all and my belief 19 that with full realisation of what is necessary they will find a To that end, in way to do it.
what I could to alert them."
GREAT PROGRESS Mr Dodge continued: "We see esa in Japan the most industrialised 25.5mtion of the Far East and thei
330
natural workshop of the area. E It is an camomic, complement to 12.475 the other nattens of South-East Asia and can make the beavier chustelal equipment so much needed by every neighbour MAY 11 people are "civilised; or New York, Feb. 4. derly, energetic, -enterprising |... ABY The Dow Jones averages of and progressive, Fundamentally, Number-a, rubber, the end of the stuck-market them outlook its : Individualist, Number 3 rubber,
and anti-Commun- February samion etpost as follows conservative New York, Feb. 4.
“Number 4-rubbar. Copra was quoted today at 30 industrials 2008 1
past
with Russia Sa Fohrusty. conflict. $103.50 per short, ton, nsiced. 15 utilities:
27615,214 have loft them with no illusions no hubbar,
Black crepe Coconut oil, was quoted at. 10-20-rails
187.29 about the Soviets, and what is No. 1 pale ɑrope "pants" a pound sech United 40 bonda...
·Gotikam United" "Press" Happening in China is a close-10-
"We gave these Individuals the same kind of grain storage con- tracts we gave some 12,800 other grain storage.compaules," he Prices closed at the end of said.-United Press, the official morning -session_os follows Cen
*Hoot^1{m,^-buyars
not tin, selors
Priness dona at
Three month,, buyers
"Three-months : tin Nus'nom done, Bettiement
NY Stock Market
260.70'ish
February
-13144-153).
1237-126;
£50-165 lád Press,
Under
on Sterling
cation by Mr Filadelfo tuxa Mánila businessman, to chip 30,000 tons of sugar to the for mer enemy, country.
This was opposed vehemently by sugar Interests as against the national interest, an the ground that the quota for the United States market must first be fi- ́od..
Futures
New York, Feb. 4. World sugar. · futures, "closed" today 1 to 2 points lower with sales totalling 123 contracts.
Contract No. 6 closed 1 to 4. higher with rules totalling 238 contraris, re Contract No. 4°(World).
May,
LIST PRODUCED Mr Atenza, who was heatedly Manch Tergues, produced'; a ́list which September. New York, Feb, da purported to show that many Novemb The pepper market ruled other persons had applied for Spot
Centraal No. 4. quiet and stendy today, Resellere permi agita expire, suzar to March quoted Februaryshipment at Jadi,
NY Pepper Market interpellated by numerous col-y
between $1.31-1.12 pound Mr Atienza. rald: "34 th con- March $1.20-1.20 a pound, Alltrary to our nations policy, to Sptemb na envex-dcele (basis—United | export sugar to Japan, why a spot Preza
it that 23 partier "hage" already
November
1443
4.44 bid €47.bid
€47 torninat
1.00
6.00 nargina)
nited, Pri