MESSAGERIES
MARITIMÉS
M&M
"LA MARSEILLAISE"
"MAPLE HILL"
Arriving
.Mar. 31
Apr.
D
.eaving
Apr.
}
1
Outward For
Yokohama & Kobe
Homeward For
siphong & Balzon
THE CHINA MAIL, TUESDAY, MARCH 25, 1952.
Trade Treaties Australian
Australian Importers ROYAL INterochan Lines
Being Reviewed
Irade
Canberra, Mar. 24.- 'The Australian treaties with India, Pakis- fan, Indonesia, Brazil, Sweden and West Ger. many are now under review by the Australian Govern- ment following the import cuts from the Sterting Area and tropending cats from the Dollar area.
"JEAN DUPUIS"
Mar. 21
"ZELIDJA"
Apr. 4
"LA MARSEILLAISE"
Apr. 11-
1“BEAUVAIS”--
May 1
Mar. 2
5 Apr Apr. 12
May
N. Allen & Europe
Mariolites via Manila
for
Z N. Africa & Europe
freight for Salgon, Alexandria, Tusis, Genos, Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.
Subject To Change Without Notics,
CIE DES MESSAGERIES MARITIMES
--1.0.-Rox-53,-Hongkong-
Queen's Building (gr. floor) Tel. 26651 (3 lines).
m.v. "LA MARSEILLAISE"
10 days Roundtrip to JAPAN
Sailing from Hongkong
1st April, 8 p.m.
Australia will approach country individually each
review of the treaties when the full effect of the trade cuts is known 'and hopes to retain the outline of the treaties so that shp adjustments will be of temporary character only. -France-Presse.
Drastic Cement Shortage
ปี
Saigon, Mur: 21. Indo-China, which before the World War II exported 140,000 tons of ermeni an- nually, is now so short on this building material that imports have to be made
to Yokohama and Kobe
11th April, 6 p.m. from Japan.
Arriving from Japan
Roundtrip Fares
1st Class
Tourist
HK$910 to HK$1,160- HK$600 to HK$ 640
Excursions in Japan arranged on application.
Gr 1.
Press Agency The Vietnam said, builders are bari ecment in South Vietnam, but the shoringe is so aute in Cambodia that work on a great number of public and civilian buildings has
een stopped.
been
added that the Cambodian authorities have authorised the barter of cement basis--from whatever country can be obtained.
import of com
Expect Relaxation Of Cuts In UK Imports
Sydney, Mar, 18.
Australian importers believe the cuts recently imposed on the pur. clease of British goods will soon be quietly eased.
"Now that a gesture has been made and a curb put on reckless extravagance, permits will soon begin to be issued more freely and ex- ports from Britain will unobstrusively go back to normal but not to the splurge proportions of this last year."
HONGKONG SHARE MARKET
(From Our Correspondent)
Business dome
on the Stok Exchange his me ning amounted to $277.422.00.
This is the opinion of a partner in one of Australia's higgest agencies for British nylons, toys, textiles-and- household goods.
"Most Kooda we import, Spart from
superlor being squality to Australien-made, are Jalso cheaper even against pro- !jective tariffs that vary from
69 per cent to 100
when transport is added to the Lill.
"British imports Bre Aus- reul safeguard
Noon quotationstralia's only and the morning's transactions-gainst terriile nation. SHARES BUYERS SELLERS BALES GOVT, LOANS
11305
DIK Bank Ea A1405 INSURANCES
SÚMING
Asia Now.
1200
720 735
1.65 14
Whorf XD
DOCKS, ETC.
N. DA What Dock
75,000 6 03
10 1450
25 63 500
"Australia simply
nect her own demand | manufactures.
cannot
"She must either import Icster inflation and a maet."
|
Japanese Shipping Charters
Tokyo, Mar. 247 Twenty Japanese vessels are currently being employed carry freight for foreign coun- 111es, according to the Trans. portation Ministry.
"TJIKANPEK"
"ETRAAT
MAKASSAR" “TJWANG"
TIBODAD"
BAILINGS.
Atar. 27
To
Tfirebon, Bjakarta,
Buzabala & MachanAT
Blogapore,
MELEKTROŠI
Djakarta. Bemarang.
Brabala Diacatuar
Mugapore & Yan Africa
Singapore, jakarta lielawan bell Japan
Manila, Bingafore, &. Aftica
jakalia, Tjirebats,
Surabain Macassar
A1. 2nd
Japan
Apr.
2nd
"VAN HEDTSZ"
Apr.
5th
"EASTWAY"
1.
th
TASMAN"
Apr.
"TILAAT BOENDA" Apr.
ath
Apr. 13th
Apr. squ
Slagapore,
Apr. 28th
May
May
May 9121
2nd
Singapore,
81.
May 13,
**TJĻLUWAH"
TABNAN" "TJIWANGI"
"THPONDÜK"
"STRAAT
MAKASSAR" "TEGKLBERG" "TULUWAN"
"TJIKAMPEK"
"RUYS"
TJIWANGI"
* "TEGELUERO"
„NTJIBORAS".
"THLUWAN"
"TUWANGI". -TJUANAS“
*BUYS**
"STRAAT
May 10th
May 27th
May 29th June
1)jakaria,
SOFREADS,
Surabala & Mackint Singapore. Penang Belawan-Dalą
Djakarta,
Nurabindiacassar,
Jakarta,
Thickon
Burauata Mincassar
Semarang.
Sewarang
Stanija, Singapore, Mauritius, 8, Africa
A. America
Japan
Slugapore. Djakarta, S
Durabula Macassar
Djakarta, Titrebon, Sentarang,
Burabalatagaiar.
Japan
Singapore. Djakarta.
Surabala & Macassar Mauks. Singapore.
·Semarang,
Mauritius,
6. Africa & 8. America
jakarta, Z'jirebon,
---duenbala-&-Macassar-
Sruntang,
Singapore, Djakarta, Semarang.
2nd
June
9th
Juno 131
June 16th
July 2nd
Ch July
July Dict
Manlix,
Borabaia & MacaMT
Hingapore,
Djakarta, Semarang,
Hurabi & Macassa
Singapore, Penang.
E. S Africa
Mantia, Singapore, Mauritius, 5, Afrira
AS. America
ARRIVALS
From
Attica,
Semacaba,
& 馆。 America, I. Mauritiua, Singapore & Manila.
Surabala, Ancasus,
Djakörta & Singapore
Lo
MAKASSAR" "THWANGI"
"TASMAN" “THIOWAU”
Mar. 27k
Mar. 29th
7th AUR Apr. 13h
Penaut, Belawaḥ, lieli,
Thirteen freighters are carry
cereals from the United ing for States to India. Three tankera are transporting off between the Persian Gulf
ulf and Europe.
or
blackt
FOOD CRISIS
Meanwhile Sydney's congest- ed wharves~~~COSES and goods had flowed Into piles across the streets have been cleared.
Importers could not
Of the remaining four vessels two are on routes between South America and Indoneða and another two on the Philip- pine North America run.
The Ministry sald that pay- meats for services, except for oil transportation between the rsian Gulf and Europe, are Persiun
be
made in dollars, Shipping circles
BS
shift
10
10 2000 10.
500 4 1045
it
J
300 10
them until their delayed credits had been granted,
500 or 10%
Provident XD 14 Wheelock
The bulk of imports at present comes from Japan. A total of 10,000 tons of Japanese comand arrived in a single month.
The Vietnam
Press said im-
COMPAGNIE DES MESSAGERIESports had been authorised-to-
Queen's Building.
MARITIMES
Tel: 26851
In
Japan Planning
Changes Economic Policy
Tokyo, Mar. 24.
Nihon Keizai, Japan's leading economic news- paper, reported today that the Government is try ing to modify the deflationary financial policy and tone down some major occupation-sponsored eco- nomic laws.
Nihon Keizai quoted Government sources as saying that the deflationary policy which has ruled Japan's economy during the past three years no longer fits changed circumstances.
by
was mapped
business. parti-
The policy
oul, of Japanese Detroit hanker Joseph M.cularly importers and exporters, would anti-trust Inw Dodge, reling as special econo- and the
the Allied oc- also be toned down. mie udviser in cupation.
Succevents.
These laws broke up Japan's stresses gigantie Zaibatu concerns. The The Dodge formula
Trading Company, for economic stabilisation over re- Mitsui construction or expansion and instance, has been eut up into discourages Government loans to hundreds of small
Japanese businessmen inariness. Many Japanese bush Many nomen blame this light finan-say Japanese companies cannot with a foreign com- cial policy for the present reces- compete
pony
on an equal footing now sian in Japan.
Nihon Ketzal also raid the because of their mall size. anti-menopoly tow
would be
The
Government
modified to allow reconcentration reported
bill
Foreign Exchanges In NY
Capada England-oficia!
New York, Mar. 24.
US$1,00
2,801
unoficial.... 30-day futures D-day futures
Australia New Zealand South Africa
Belgium
Denmark
Italy
Norway
Portugal
'Bpain
2.35 bld/ 2.38 asked
WAN
also to have prepared u governing import and ex- port associations. The new bill, Nihon Keizai said, will nut revive all the pre-war associo- tions which not only regulated products and prices but restric- The pre-war ied membership. Cotton Export Association, for instance, limited its members to only a few and completely ban- ned outsiders to handle cotton textiles for export. ⠀⠀
The
now law would only try
to regulate products and prices order to prevent dumping, In Nihon Keizal sald.-Assoclated Press,
ASK PROTECTION
Tokyo, Mar, 24. Japanese motor
manu-
ca
facturers are appealing to the
Regulations banning uprestriei-
halt a flourishing black market in the vital building material.
The sprawling, huge cement plant of the French-organised Societe des
Ciments Portland
Artificiels de L'Indo-chine at
Haiphong, in northeastern
Indo-China, is still the biggest producer of
this cement in
Bf the last war, it turned aut 300,000 toris annually, of which 140,000 tons were ex- ported to Far Eastern countries, and French colonies in the Pacific and Indian oceans.
But, in all of 1950, unly 17,800 tons were exported, and 11,800 tons in the first 10 months of 1951. Hongkong was always a big buyer of Indo-China cement, preferring the Haiphong pre- Wat Japanese. damage cut the production of Haiphong plant but big re- pair work is under way and it is a monthly output hoped that of 25,000 tons will once again be attained.-Associated Press.
duct to
the
the
שתשר
The Rubber
Markets
London, Mar. 24.
Prices of rubber futures closed today as follows:
Nemir rubber, in pence
per lb.
Aurd
May
April/une
Jurit
Judy September
October/December
LAND, ETC.
4312 300 w 43
TK Rotel XD 1.90 8.10 1600 8
43 - UK Land XD
_Nat_ Lasid __.._24_
UTILITIES
Tram XD
P. Trani 10)
Star Ferry XD
7000
45
15.35
1000 15
JDI
C. Light (0) 8.45 c. Light (NI
Electric XD 2014 2015 2006
Telephone
INDUSTRIALS.
4.69
20.39
expect that and ships there will not be any restrictions
had been finding it impossible imposed on such services, even
to unload with every inch
vious cargoes.
of after the
space already heaped with pre-affective, peace treaty becomes It was enriler predicted that is a provision restricting the ser- be included in the of vice may
proposed „Japan-US. shipping agreement.
The Australian Cabinet 201 considering means meeting-the-food-crisis:
The collapse
of food exports to Britain has been one main reason for the import cuts.
Northem Tetory graziers
260 20.30 today announced that one mil- 16 2814 1000 st 10 lion cattle are dying from drought and wheat growers a negligible can foresee only
Cement XD 131⁄2 13.85
D Hope STORES, ETC.
Datry
Watson
2147
Watson tris) 1.80 COTTONS
EWD
MISCEL
Yanglaze
18 20.00 500 10.70 surplus for export next season. The Cabinet is formulating a scheme of credits and tax re- liefs to farmers,, but an ap- proach to the British Food Mis- sion in Canberra for higher prices was met with a rebuff.
2.00
4.85 8.10
TIN
LONDON
MARKET
London, Mar. 24.. Prices of thi were steady and lower this morning. Turnover was 65 tons, including five tons for cash.
Prices closed at the end of the official morning session follows:
Spot tin, buyers
45
965
Spot tin. sellers.
Business done at
Three-months tla, buyers
Three-months Un, sellers
Business done at Settlement
-United Press.
Exchange
DGS-DOL 085
Rates
Business Was done in the local unificial
exchange market
morning at the Zallowing rates:-
US dollar (per $1)
The Australian representa- lives were told that after every recent price Increase conceded by Britain, production has de- clined.
The Prime Minister, Mr Men
is 10 zies'
ind a problem scheme that will link higher higher prices to farmers with production from farmers--lon- don Express Service,
Cotton Futures
In New York
New York, Mor, 24. Prices of cotton futures closed today up 2 to off points.
42.40 nominal
tals
Spot May
July
8.74 October
33-24
15.85 Lecember
33333-34
Indonesia guilders (nr 100)
Slam ticals er 100)
2012 July
3.02 Murch (1953)
May
-Writer Preis.
SINGAPORE MARKET
Singapore, Mar. 21. Prices of rubber futures closed today as follows.
Humber 1 rubber, per. Ib.
April,
May
Julle Number
Apell
11912-114
112-1134
rubber,
11 -21%
109 -10016
rubber,
78 -130
Number 3 rubber,
April
Number
Apri Spel rubber, unblled Blanket crepe
No. 1 pale svens
Grain
10415-10513 10-117
132 137 -Ugiled Press.
Prices
In Chicago
Sterling note (per £1)
Singapore (Strells)
FIC niasites (per 100)
13.123
41,38-41.20
1027-40.29
37.20-5752
38.87-30.00 30.72
3668 nominal 31.18
-United Pres
However, this fear dwindled when the US. Senate approved the Japanese Peace Treaty last Friday-France-Presse.
British MP
Going To
Moscow Talks
London, Mar, 24.
A Conservative Member of Parlament, G. B. Drayson, nas accepted the Soviet invitation to the International Economic Conference to be held shortly in Moscow.
Mr Drayson said today that he would encourage Anglo- Soviet exchanges of goods in current consumption. He added that Britain had bought large quantities of cereals and wood from the Soviet Union and
ind it Union was hoped the
e Soviet
would buy manufactured gond; in return, particularly textiles.
It is believed that Mr Dray- on's visit to Moscow will not be of an official naturs ns Britain has decided not to send a dele- gation to Moscow.
believe Economic obseru that Mr Drayson's proposed Journey emphasises the gravity of the crisis in the British tex- tile Industry following the re- cent cuts in world and dontestic demand-France-Presse.
observers
The Trade Battle New York Sugar
With Japan For Empire Markets
Manchester.
Futures
New York, Mar, 24. World Bugor futures closed 1 to 5 higher with sales totalling 209 contracts.
Contract No. 6 closed un- changed 'to 1 higher with sules totalling 353 contracts,
CONTRACT NO. 4 (WORLD)
Pafcbang.
Djukarta & Singapore Macassar, Surabata, Semarang,
Djakarta & Singapore
General Agents,
HOLLAND EAST ASIA LINE
BAILINGS TO EUROPE
"ABENDSKEDE"
Apr.
GER
KIKLORECIT
sth
"AAGTEKERK" "BLITAN"
Лиде
7th
July
7th
SAILING FROM EUROPE
Balls Hotterdam
Arrives Bongkong
"KIELDRECHT"
Balled Mar. 5th
Apr. 1025
"AAGTEKENT" "BLITAR"
Apr.
MAY
JOLL
MAY
2nd
Jupe
7011
May
July
4th
Juno *nd
Aug.
TELEPBON
ONNAUGHT ROAD,
"HOOGKERK”
"ARENDEKERK"
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA,
NEXT SAILINGS
*M.S. "PETER MAERSK"
M.S.
"NICOLINE MAERSK" M.S. "SALLY MAERSK❞
*Calling Vancouver, ARRIVALS FROM U.S.A. "SALLY MAERSK" M.S. "OLUF “MAERSK" M.S. "LEXA MAERSK”
M.S.
Apr. 2* Apr. 16. May
22
In Port
Mar. 30
Apr. 17
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Building.
Tel: Nos. 36066-9.
PATTISON ORIENT LINE
LIMITED
5.5. “LAURE PATTISON”
Due From:
May
427 bid
July
420 bid
September
431 bid
November
4.26
poi CONTRACT NO. G
Sails For:
425
5.72
November
ptember
3.02
5.94 nazifal
Spot
12-14 Queen's Road, Central,
DIRECT Pusan & Japan, Apr. 4th.
Tel. 25346.
-United Press.
The trade battle with Japan will probably be fought out in South-East Asia, India, Pakistan, My
and the Colonial territories of Africa, says the
Manchester Guardian.
But the part of this market, which can be controlled Prices of grain futures closed directly by the British Government is very small,
Chicago, Mar. 24.
2.782
2,21
2.00
2.59-3/10
0190
.1455
France
West, Germany
4.20
0028-0/10 Government to
Holland
2030
Industry from the threat of Im-
1405
ported cars, according to Japanese Press,
the
10370
today as follows:- Wheat-price per bustel Spot May protect their
July:" September December Corn Spot
149 nomine
2.4136-14
2.4914-10 2.1135-14 2.49-2.4014 1.884-189
ect
Bieden
.0035
Imports of
Switamland
2017
ADDDLE EAST
Krypt
2.0442
Iran
03125
Xray
23.01
Turkey
0373
LATIN AMERICA
July anyone in Japan will be able to buy imported cara prices relatively
will be abolished at the end of March and will lose their effect. by the
end
foreign
cars
May
July
September December
June. From
Bye May
1,03 2.7516
2.01
July
1.074
lower thon
Dai May
Argentina
$725
July
Brazli
D500
Bolivia
Chite
0115
4023
1.00
1185
*350
2009
9100
1750
Colunula Cuba.... Mexico
Peru....
Uruguay
Venezuela
FAR EAST
Pakistan
Истеколь
Indinesia Singapore
*Jugins
to
their
Japan,
May 30th.....
CHINESE AGENTS:
New York Stock OVERSEA CHINESE STEAMSHIP CO., LTD.
Exchange
1
305.00 89.71 50.20 180.00
-United Press.
Seeds And Oils
Even In Colonial Africa amade the deliberate choice Colonial Government would be abandon their former military falling in Ha duly if by use of ambitions and to direct
New York, Mar. 24. economic political power it denied its efforts to trade and
Dow Jones, averages at the overly-stricken people the ac-achievement. The miracle has cere to cheap consumer goods, huppened that the Japanese end of the stock market session
stood as follows:- really dislike generals. now adds.
30 industriale* THE PROBLEM had Members of Parliament
"If we were to thwart Japan 20 rails brandished cheap Japanese ten- cups and petrol fighters in the by what seems to be political 15 utilities
it 40 bonds unfair means, and demoans and House qt Cammons
if manded bat something should would hardly be surprising be done about it. But, what Japan should seek revenge.
Moscow might offer ways. could be done?
"The only remedy in the which It could be found.
New Yoric, Mar, 24. "The problem is how to re
Prices in the seeds and oils as main frienda politically
cally
with. the following exceptions: we must clash.:
5.08. Tung oll, in tank cars, "We pach have to recognise pro net inventive in industry, that the other has to export in New York, per 18, 30% cente According to the Nihon Kel-
Peanut oil, per F.O.B sal, an economie dally, fear of The pepper market ruled We infant: the Japanese in order to live, and we must find
18 momina Our aim conventions by which the com- New York quiet and softer in tone. Sellers prove our devices. competition from imported pro-
Linseed oil, in tark
pers, How ducts was shared by sweet range for spot material was must be, through inventiveness petition can be regulated... makers, Japanese sweet makers from $1:30 to $1.36 a powoli to keep always a jump ahead. It is a problem for Japan York, per ib. 17.217.4 cents.
Flax seed, per bushel, F.O.B, The Guardian continues. It as well as ourselves, since are conducting a vigorous cam- and locks awaiting
appears
at the moment that Jagan needs cur friendship as Minneapolis. 34.10%.United. 200 yen to US$1 paiga to rule the tarif on were around $1.32 a pound
Japanese people have we nood Japan's."T sweet Imports, Franco-Presse. United Press.
4200
Pram
those of Japanese products.
The prices of oars including tax on the basis of 1951 modele nre: Ford 1,240,000 yen Austin 840,000 yen, Japanese Dalkun 1,000,0,0 yen and Toyopet: 2 000 yen.
$200,-
3316-94 New York Flour-per 200 15. Back. $12.00.United Prem.
NY Pepper Market
New York, Mar. 24.
release
lona
12 the paper declaros, is to produce as cheaply
the
while
femore clicaply, and at facing the fact that economi- market closed today unchanged
quality
The whole, the Japanese
Pros
48, Bonham Strand, West, Tels. 26127, 81118 & 81119.
ESSENTIAL SUPPLY CERTIFICATE DECLARATIONS
Forms 3, 4 & 5 as amended by the
Government of Hong Kong
NOW ON SALE
at
SOUTH CHINA MORNING POST LTD.,
Hong Kong & Kowloon.
These amended forms are now in force. O