ROYAL INTEROCEAN
PĖJICODAB"
OTHLUWAN
***TJIBADANK"
"VAN IIPUTSZ"
"TJIWANUF
45AAT SOENDA"
“ÜGISSEVÄIN“
"THRANAS“.
TASMAN
SKILINGB
Teb. 13th
Yab. 15th
THE CHINA MAIL, TUESDAY, FEBRUARY 12, 1952.
Y
Page
LINI New Delhi On American Summing Up MESSAGERIES MARITIMES
bjakarta,, Kjikobyl), si o nakang,
Durabila & Malálber
Singapore,
Djakarta, Semarang, Surabala, Macassar
Ringsbare, bjakarta, Semarang.
Singapore, Padandis & Belawan. Deli
jakarsa, Tjikobon,
Surabala & Macaskar
Sematada,
Singapore, Mauritius, B., Africa &
1. America
starsporo. Djakatta,
Surabalade Diacamar
*Béthitang,
Mania, Singapore. Mauritius, E, À 9.
Africa B. America
Feb. 18
Japāņ
Fey, 37th
Japan
Fat 27th
Japan
Mar Mar.
2nd
"TJIONDOK”
Mar. Cl Alar: har.
Surabi & finorar Manua, Singapura
B. Africa
Tth TUL
TJISADANE"
Mar. Alh
*YJILÚWA II**
"BOISSEVAR"
16th Mar.
Mar. 21t
"STRAAT
MAKASSAR"
Mar. 24th
ZJIKAMPER"
star.
25th
**TJIWANGI"
Apr.
2nd
"VAN BEUTK2"
Apr. 7th
TJILUWAN,
Apr. 15th
"TIKONAS"
Apr. 17th
Apr. 29th
Stay 2nd
**STRAAT
***31.UWA EI"
May. 41h
18th May
TASMAN" "SIWANGI
MAKASSAR"
TISADANE"
Japan
Djakarta, Thirebon,
Surabala & Mucasos singapore. Djakarta,
Встагани
Bejarong.
Burabala & Mincaviar Singapore, 'rmang & Delawan Doll
Singapore, Djakarta, Bemarang,
Nurabala Macaesar
Jakarta,
Turshon, Semarang
Surabata & Backs
Singapore, Penang & Belawa fill Singapore,
Surabals &
Macassar
BENE.
Maurita, bingapore, Sauritius, E. & 9.
trien. Amories
Singapore. Djakarta. Semarang,
Suranata & Macatiar
ARRIVALS
Feb. 154
"STRAAT BOENDA" Feb, 28th
"YAN HEUTAZ"
"TJIWANG
TJ.UWAJ"
Feb. 27th
Feb, 2tl
Mar. 13
From
S. America, E. & S. Africa Singapore &
Manju
5. America, S. Africk, Bingapore
Rurabula Manila Penang. Belawan Delf & Blogapore Surabais, Hemarang, Djakarta singaporE
Surabala,
·AINCAVEAT.
Djakarta & Singapore
Macanar,
General Agents,
HOLLAND EAST ASIA LINE
BAILINGS TO EUROPE
SemaranE;
German Trade
London, Feb. 11.
The Indian Deputy For elen Minister, Dr B. V. Koskar, tok Parliament Loday
that India
Wils prepared to sign a friend- ship and commerce treaty with West Germany, New Delhi Radlo reported.
A treaty would be draft- ed shortly-Reuter,
AMERICA
TO RESUME BURMA AID
Rangoon, Feb. 11. United States economic aid to Burma will shortly be resumed DR & result of Burma's accop- tance today of the Mutual Security Act, which has replaced the Economle
Co-operation Administration scheme,
Of Aims Underlying Moscow Trade Talks
Washington, Feb. 11. .
American officials believe that very few if any US. businessmen will attend the Moscow Trade Conference in April despite the rather in- tense invitations for some of them to do so,
The first groups of Americans invited to the affair had either de- elined or falled to answer the Soviet-inspired Invitations. Russian efforts at present are being directed toward a second and presumably more sym- phthetle group of American economic figures.
The Moscow Trade Conference which had its Inception In the World Pence year ago, has two principal Council meeting in the Soviet sector of Berlin about a objectives, according to its sponsors "relaxation of tensions which restrict trade between the Soviet bloc and the West," and a "general improvement in the living conditions of the peoples of the world."
in Moscow Press cover-
4. It canot be independent of American oficial consider the Trade Conference to be a Soviet political theories since it is spon- attempt to break down from sored by the Reds Ald
temporarily within the WVAR
United States the where meetings and Suspended last month after restrictions on trading in strate-age will be controlled. Oppos!- Burma refused to sign an agreem
gic materials with Communist on to he Red-drafted proposals ment by the deadline date, controlled countries. The General will not be
OFFERS January 8,
Director of the affair is M: Oscar
The Reda are tossing out al- Lange, former Polish Ambassa dor to the United States, who is tructive trade offers in advance foreign business interests. at present in Warsaw. The to Amulern in contact with him in The Russians went all-out to regard to the conference is Mr make a favourable economic im-
ATTRACited.
The original agreement has been alightly anionded to meet Burma's objections that it con- tained clauses which prejudiced her position of neutrality between the Anglo-American Samuel B. Lush, a Philadelphia pression at the Bombay Trade
and the Soviet blocs.
Burma feured that the words "mutual security" implied that she was obliged, In return for United States ald, to align ber- ralf militarily with the Wester Powers.
The exact nature of the changes in the ag cement was not disclosed,
exporter and importer of cotton linters.
COLONY'S
ACUTE PROBLEM
Local Man's Letter To "The Times"
London, Feb. 11. An aspect of Japanese competition which presents an acute problem for Hong
Fair which closed on January 91. They took over the best booths und prominently displayed Mr Lush imports a consider- satellite motor-rs shd other able quantity of inters from the commodities us irade bait,
The U. S. reaction is that such Soviet Union. He was reported to have sent lotters some time trade offers by Moscow are false io a group of prominent because the Russians cannot ful- ago Americans, inviting them to them their commitments.
Those Invited Maxow is also making a big kong but which has not- April conference. Included Mr Henry J. Morgen-play for Japanese business. This been mentioned in discus- campaign is being watched with slons at home is referred to Marshall banker, Mr thau Jr.,
millionaire' department interest by Japanese businessmen owner and publisher of secking markets.
"HOOGKERK"
Alar.
"ARENDSELAK"
Apr.
"KIELDRECHT"
BAY
ዝ
"AAGTEKERK"
... June
SAILINGS FROM EUROPE
Balla Stotterdam
Arrives Hongkong
"ABENDSKELK”
Salled Jan. 214t
har.
6th
KIELDRECHT"
Mar.
5th
Apr.
10th
"AAOTEKERK"
Apr.
2nd
May
3th
May
End
June
A Government announcement said that Burma hnd accepted ald because its acceptance did not affect her declared policy. Reuter,
Field,
store
the
Chicago
«ÖVERIJ{{EL
Plan To Increase Production Of Nigerian Rubber
London, Feb. 11.
A big scheme to step-up and improve the quality of Nigeria's rubber output will shortly be put into operation by the Nigerian Government.
The project will be officially announced as soon as final details have been agreed.
Foreign Exchanges In NY
Canada England-official
"
Australia
New York. Fel, 11.
US$8.09-13/14
2,70-3/15 250 bid/ 234 atked 2.77-13/16 2.701%
whoflleial 20-day futural DO-day futures
New Zealand South Alrick Belation
ric
2.189
1453
We Germany
4.20
.2030
I'vance
Tiler
italy
Norway Tortugal
It calls for the construction of a number of rubber process- ing factories in the Western and Eastern Regions,
A pilot factory, to be erected either in the Warrie or the Benni province, is expected to
Philippines Sugar Order
Revoked
Manila, Feb. 11. Acting Secretary of Commerce Saturdino R. Mendinueto this afternoon revoked the Eugar order No. 4 thus again permit- ting the export of non-status
sugar to countries other than the
United States.
Russia, for in a letter to "The Times" Sun-Times, Mr example, has offered Japan cok- by Mr W. M. Sulke, of Joseph Davies, former American ing coal at $18 per ton, compared Hongkong. Ambassador, to Moscow, Me with the present rate of about William Douglas, Justice of the $30 per ton for West Virginia Supreme Court, and Mr Theodore coal-United Press. Thackery, publisher of the New Yo: Compass.
All these have either declined or failed to answer the invita- tion. Mr Lush then sent invita- tions to a group of smaller busi- Dressmen and college professors. Officials were unable to say what success he had in the second try but thought that none accept.
would
HONGKONG
SHARE
MARKET
Nevertheless, U.S. ometals ad- (From Our Correspondent) mitted their worry over the pos- ! sible psychological effect of the conference in Western Europe and the Far East.
JAPAN'S ATTITUDE For issuing order No. 4, which
As regards Japan, they be rendered Ineffective the Cabinet policy permitting export, Prelieved that the Japanese might be tempted by the Soviet offer sident Elpidio Quirino suspended
Vicente to send a ship to transport their Administrator Sugar
delegates to Vladivostok and then give them free passage by rail to Moscow. The Russians have
also offered some coal to Japan on condition of their al- tendance.
Bunuan,
Mendinucio explained that the Commerce Department had always been in favour of seck- ing and cultivating new markets for the country's exports in view
India is expected to provide
1
Exchange this i-Tho. Stock
morning experienced one of its busiest mornings since the war with transactions being valued at $1,825,833.35. Realties were much in demand while Hotels feaure. Noon the morning's were again quotations and transactions: SHARES BUYERI BELLERS SALES BANKS
1600 IIK Bank Eost. Al INSURANCES
Union!** Underwriters SHIPPING
As Nev.
K. Whart
DOCKS, ETC.
-
TBS
4.00 5.00 1000
1.00 1.89 13001 104 108 200
N. PL. Whatt 7.16 715
Dook
Pluvideat
165
10 10 300 m 105 30:00 13.6
recent
S'hal Dock.
the
Lerlock
4214
tximel
of the position, starting in some delegates in return for the 1954, of levies on Philippines avish display made by the exports to the United States in be completed next year.
Trade Fair, necordance with the 1948 Trade Soviet Union at the Size of subsequent factories Act. He added: "By seeking
officials asces will deperid
the results (A un
new markets now for our export Moscow trade meeting as an shown
by the pilot factory, To
effort to convince Western bust- begin with, though, the Niger products, including sugar,
is Implementing fan staffs of each will be num-
policy which is both sound- and nesmen that they should ot~ |
to break down their gov- bered in dozens and not in
imperative."
U.S.-Inspired hundreds.
the East-West Meanwhile Commerce Secre-
egains: The project will involve part- Western nerships between the
or Eastern Regional Production Development Boards, and some of the leading British rubber
The 28-9/10 companies,
necessary money, which may eventually run Into
millions of Some pounds, will be put up jointly
.1405
.0010
Spain
0201
Sweden
,0039
Siwlizerint
1480
Middle East
Egypt
2.8634
Iron
Ira
2.BL
Turkey
03125
5773
Latin America
Argentina
0500
1974
Brazil
Hulvia
Chile Columbia Cabu Mexico
Peri
Uruguay Venezuela
Far East India
Pakistan Hongkong Indonesia Bincapere
pan
2030
2040
Unlied Press,
Output
Pulp
Record
Moored, Feb. 11, Canada's production chemical woodpulp boomed
by both sides.
The
British
rubber ram- with long experience of will be responsible furthermore for "KOW- supplying technical
pduction in Malaya,
the
country
our
л
traminis
trol
The State Deperlats.
con-
is dis-
tary Cornelio Balmaceda, now trade of strategic presiding over the meeting of the Economic Commission for the couraging Americans from ac- Far East and Asin in Rangoon,cepting the invitations. Business- Burma, is being awaited here os men
economista,
iclentists,
It was he who approved sugar industrialists and trade unionists arder No. 4.-France-Presse,
inquire about the State Department's attitude are being told that the conference Is "rigged".
LONDON
TIN
MARKET
London, Feb, 11. Prices of tin closed today at the end of the official morning session as follows:-- 'Spot tin, buyers Spot tin, lern
Business done at
Immediate aim is to improve quality of Nigeria's output, which at present commands
103 little more than 00 per cent of
Three months tin, truyer Dat the price of Malayan rubber.
For Nigerian
Turco-months Un, sellers. 185 in producers,
Business done at
DUTY-0021 wild Lap general,
growing
Seltiernent
-United Press. trees, and carry out the process ing themselves. They sometimes mix the latex, often in on im pure state, with uric
or citric
aeld, instead of the more sult able formic acid. Result is thert
570 yen to U1991 | rubber of Inferior quality.
The intention; therefore, is to locate the factories in the rehires of rubber growing dis tricle, enabling Nigerian pro ducers to bring their latex to them for processing. .1
On the boards. of the
now of companies will be Nigerian to presentatives slangside members Regional Production to of
Boards, which M
statutory Mr C.
the bodies with considerable funds Matheson, Chairman of
at their diaposol derived from Chemical Pulp Section of the Canadian Pulp and Paper Asso- the sale of other commodities. Encouragement will; further clation, said today.
to Nigerians rubber trees, rather the wild growth india
an all-time record of clase 4,000,000 tona,
the
Mr Matheson told the Asso-more be given
clatton's 36th annual meeting than lap the
cultivate
are
Rubber Futures
In S'pore
Singapore, Feb. 11. Prices of rubber futures closed today as follows
Number of rubber, per ib.
February
March
April
Number 2 rubber,
February u
February
IK Land. Shai Land Humphesys Really
UTILITIES
8.80 8.70 1600 @ a
13 20 1413
Ligist (20) Electric Eleè. (Bonut) 2015
The Department's assessment of the Communist sponsored: Tram conference has been relayed to the U.S. authorities overseas to help them answer inquiries from foraigners.
While the Department frowns officiate mecting, the
Telephon on the
to it will grant passports INDUSTRELLS
Cement bona fide non-Res Americans who feel it would be to their Interest to travel to Moscow. | KTONES, ETC. Many inquiries have begi re ceived but only a handful of Americana, dibiëls káig, indicat-corrONS ed that they will go.
sald
PROPAGANDA BUSY
Kope
Daly Watson
Sinceres
The cotton mills represent the principal industry of Hongkong, he points out. Roughly 50,000 the people
are employed by mills, so at least 100,000 people are dependent on them.
This industry, he goes on, is very near to closing because of the American Government's re- fusal to grant licenses for Ameri can cotton for Hongkong,
This fact in itself would not esuse alosure However, the Japanére are receiving American cotton and paying for it with money barrowed from American banks, says Mr Sulke. from the US. is about 80 per cent cheaper than Pakistan cot- ton, which is all the local milla can obtain.
Cotton
Consequently, he continues, Japanese cotton yarn sells below the cost prices of the Hongkong product, and local mill owhers will be forced to shut down if American cotton is not im- mediately made available to
them.
This situation is not only causing grave anxiety to the 1.50 Colony, as just at this time, 50,- 000 unemployed, would present a direct real to Hongkong's security, but alio gives rise to considerable bitterness
18-a-V the Americans and Jagon piton
Mr Sulke
"NO odds: yarn or piece goods from Hong- kong ind
their way to Chind, have but Shanghai's markets plenty of Japanese cotton goods
noo
11500 4 8.7
2000 8.00
1000 8.7
823
1.75
1734
... 18.30
to soli
MUSCELLAN
↑ - Yangtaza 3.1 4.40
for male."
-(London Express Servicej
Grain Prices
In Chicago
Chicago, Feb. 11.
Prices of grain futures turned irregularly lower today. Prices closed as follows:-
Bes Wheat price per bushel
March
17.30 BLEY 225 July
24.50|Beptember
70 December
Corn
106 din 40 Spot
241 March 113 May July H koti | September
December 2000 @ 3.80 | 1ye
March Moy
·0005 0.45 Outs March May
..
The frigid American attitude New York: Sugar
Abward the Moscow meeting is expected to be expressed public- ly Soon. It is sure to touch off. d new Washington-Moscow argu- ment over the merits of 2203-120% meeting. 126-12831
-12096-%
the
Futures
New York, Feb, 11. Wrld, sugar futures closed Soviet propaganda in recent today 1 lower to a higher, with 120%-127% pocks has been urging Western sales totalling 48 contracts,
Europeans, Bouth Arians and Contract No. 0 closed 1 to 2 Japanees to attend. The Russiaris higher with sales detailing 150 expect between 400 and 500 entreets. foreigners.
12334-124%
re+
Number 3 rubber,
Number 4 rubber,
12236-5
ninck crepe
Spot, rubber, unbeled ...
No. 1 pale crepelted Pre
to
that production is 18 per cent criminandon of the ruhe.
higher than the previous recont established in 1950, aided by
new mills opened during the
ber Industry
netted
5100-00
247-165
4.49 bla
The best official Centret No. 4 (world) : is that approximately 100 March Americans are on the invitation July ist drafted tehind the
fron Curtain.
ron | September
November
'November
The
State Department's argu- Spot Downward Trend
ments against the meeting are Merch In Prices
1. It has been called by Mos- As the which last year
purposes the cxonomic conse Washington, Fobiow to stress for propaganda JAY £1 million, will be
Average, wholesale prices rus quences of the disastrous" spot. two years and by the carried out gradually, workers sumed us toward end, Wastern normament peogramme creased modernisation of units will not be abruptly attracted the week ended Feb. 8 with
It will seek a cevival - ‚ and operating'efflelency, p away from cocos, groundnuts 3/10 of 1 per cent decling the East-West trade in strateg
Mr Ms
sild: Mathieson
"It does not or other development schemes. Labour Department reported to Items needed by the Communist appear that the world has yet caught up with demand.don Express Service...
pust
supply
Copra
However, Indications ngoi that the position was in romtively
Wan, quoted today at better balance at the end of the $147.50 per abort tonë asked, year than at the beginning "- Cocoanut oll swan quoted at 91⁄2 Unified Press.
Icenta a pound-United Frees,
La hominst
Contract No.0
8.56 bid
1.30 bid
527
MOM
Arling Leaving
“ZELIDJÁ" "THKOGENITON” ................Apr. 2
*"FELIX ROUSSEL”.........., Mar, 8 †"MOBTAIN”. +"ZELIDJA"
Mar. 13
Apr. G
•
Mar. App
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:státphong
Homeward For
Mar 7. Marusilios via –– Dianila : Mar. 18 2. Atzica wikipa Apr. 7 N. Atries & Europe
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Subject Tu Chanjé Wiiksul Notice
CIE DES MESSAGERIES MARITIMES P.O. Box 58, Hongkong Queen's Building (gr, floor) Tel. 20651 (8 lines),
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Mar. 16
M.S. "PETER MAERSK"
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PATTISON ORIENT LINE
LIMITED
5.5. “LAURE PATTISON”
Due From:
In Port
12-14 Queen's Road, Central.
Sails For:
DIRECT Pusan' & Japan Feb. 17th. 1952.
CHINESE AGENTS:
Tel. 26846.
OVERSEAS CHINESE STEAMSHIP COM
48, Bonham Strand, West, 1st Floor.
Tels. 20127, 81118 & 81119.
メ
bd14-2.01.
PENINSULAR
1841-14
12411
1.81
154%
•New York flourper 206 la. BAEK.
iated Bra
Cotton Takes
A
Beating
New York, Feb. 11. Cotton futures plummeted 50 bale, suffering the tharpest beat for any scation in thred honths, March delivery went down to 40 cents a pound, its lowest level since Nov. 8.
Prices closed he follow
MATCH
May
July Octubre, December March (1033), May
.bid
MUnited Phaar.
July
production
Exolange
பெ
www countries: for milltary
Business day,
1755 | and civilines use; pad The price inget was 1768 per cent of the 1020 average, 12 Antradiempt to weaken moring, al per cent above the pre-Korean Western unity and isolate Wear eMMER 2014 war average, but a quarter per tern Europe; South Arin and Indorelldar
(100) cent below the level of a year Japon from
Bingapore (@Kruita) ;; co-operating with the United States economically; 1:235plaats (paz-100) go-United Press.
Rates American
43.15
39.45-40.00 38.00 BO.ES ABG.AK
2015 märitat United Prepa
Holiday
V by New Yons, Yes, 11.
Khie | All the major US. Semily and
SEPARABIT
ORIENTAL
STEAM NAVIGATION COMPANY
R.M.S. "CARTHAGE"
SAILS:
NOTICE TO PASSENGERS
BAGGAGE
SPECIAL NOTE:
Community markels will be closed EMBARKATION:
on Tuesday) fölnärvänteet Lincoln's birthday, The British markets will operate as usual.. 2545 | United Froes,
FRIDAY the 15th, February'at 12.00 Noon for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port Said.
"ALL passengers baggage must bo sent to the Hongkong & Kowloon Wharf Co's Godown at No. 2 GATE! CANTON ROAD ENTRANCE BY NOON on THURSDAY, the 14th February, 1958,
With the exception of hand packages carried by passengers themselven, ALL BAGGAGE must påka, through, the Wharf Co's Godown for loading on board by ship's slings only.
WIll take place on Friday the 15th February ̈ ̈ bộtween 9.80a.m., and 11.00a.m.