Page
MESSAGERIES M
"LA MARSEILLAISE"
"MAPLE HILL"
THE CHINA MAIL, TUESDAY, APRIL 1, 1952.
Y MARITIMES COLONIES MAY
Ariving Leaving
In Port
Apr.
..... AD?..
"
+
M
Outward Fot
1 Yakchama m sjuka.
Nomsward Far
}
Apr. 4
May
1
Avr Apr. Afay
5. N. Africa & Eprope 12 · Diatgeilles via Manis 2 N. Africa & Byroys
"LA MARSEILLAISE” Apr. 11
+"ZELIDJA"
†"BEAUVAI8"
† freight for Saigon, Alexandria, Tunis, Genos, Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.
Bubject To Change Without Nolies.
CIE DES MESSAGERIES MARITIMES
P.O. Rox 63, Hongkong
Queen's Building (gr. floor) Tel. 26651 (3 lines).
m.v. "LA MARSEILLAISE"
will sail for
YOKOHAMA
on
& KOBE.
Tuesday the 1st of April at 8 p.m.
Passengers are requested to board the vessel with their cabin baggage on the 1st of April, between 4 pm, and 7 p.m. Baggage Room and Hold Baggage will be registered at Kowloon Godown No. 50 (No. 2 Gate Canton Road, Entrance) on the 1st of April between 9 a.m. and Noon only.
No Baggage will be registered after this time.
COMPAGNIE DES MESSAGERIES MARITIMES
Queen's Building.
Tel: 26651.
NOTICE
Sugar Project
In Ceylon
Molla, far. 31,
offer of An attractive
the Ceylon Government for the position of sugar consis)- fants In Colombo has been trapnilied to the hip-
PIPS Committee on ECAVE insiters by the EOAFE Secretariat at Bangkok,
Bugar consyllapis pro boing ought to prepare and to carry out plans for the ponstruction of factory. The Philippi
gest
Is one of the world's big-
producers. SUZAT France-PreRNO.
HONGKONG
SHARE MARKET (From Our Correspondent)
Business done on the Stock Exchange this morning was
Noon
valued at $341,902.10. quotations and the morning's transactions:—
SHARES BUYERS SELLERS SALES BANKS
1430
BK Bank
Cintor ប្រឹងr SHIPPING
Ask Nov.
43 --1120
حمد
DOCKS Wharf
Dock ..... 10.05 18.00 2300 .18.30 Wheetness... 4335
S'hai Land
UTILITIES
Tram XD F. Tram. P. Tran Star Ferry XL
Eletric XD
15 15.40 300 & 15,10
Page 9.
HAVE TO ROYAL INTEROCEAN LIVEs
PAY MORE
FOR
COTTON GOODS
Effect of UK Suspension
. Of Grey Cloth Imports
(FROM OUR OWN CORRESPONDENT)
London, Mar. 31.
The Colonies will pay more for low-grade cotton picce-goods in the immediate future-unless they can buy from foreign markets.
This is the effect of the suspension of further licences for the im- port of grey cloth from Japan, announced during last week's House of Commons debate on the textile industry.
The suspension was one of the measures proposed textile slump.
New New York
Foreign Exchanges
30-day futures
to combat
Britain's
British textiles, which will, itself of "political inhibitions." replace Japanese cloth, will Another Labour Member, Mr cost five to 10 per cent more H. Davies, said Britain should อะ Lancashire cannot afford never have agreed to the United to cut prices further-even, to States policy of restricting trade secure the
Colonial with China. vost merket fremm forei
petitors.
com-
Mrs Barbara Castle, a leading member of Aneurin Bevan's This decision came as a sur-Leftist faction, led suggestions prise to many exporters who that 'Britain should discard ex- tie textiles in belleved that the British trade port bans and would
to the with machine tools to capture pay attention
during the Iron Curtain markets for Bei- suggestion made debate by the President of the fish products.
of Trade, Mr Peter Board
OTTICytrofi,
that Lancashire ***** must produce goods "at prices not far removed from those of her competitors" if she was to keep a substantial share of the Colonial markets.
"British prices have reached Reclared rack-bottom level," Mr F. I. Aickman, Director of the Export Seetion the Manchester Cotton Board, in an Interview this morning.
Bist Auta .......... 140
INSURANCES
200
Canada England-official
720
New York. Mar. 31.
...US$1.01 201
10 bid 2.39 asked
2.8011
1.20 4.75 700 1:70
1.10
2.201 00-day futuron
Australia
2.25
1.70
New Zealand
2.8014
ETC.
South Africa
2.811
Belgium
Denmark:
43
France..
010811 .1455
027-9/16
472
West Germany
4.20
Holland
26.38
LAND, ETC.
HR Hotel XD
21
Haly Norway
.1405
HR and XD QU
1000 125
34324 Portugal
Spalet Sweden
0370
0205
0936
Switzerland
2208
MIDDLE EAST.
100
8,30 6000
820 Egypt
2.0912
1994 RÜZO
Iron
irza
201
Turkey
03124
5376
LATIN AMERICA
Argentins
.0735
13.36
Iraxtl
0500
Bellvia
0115
do.
STORES, ESC.
J3.10 2815
21 31
18.40 Colombia 21.25 Cuba
4023
1.00
I., Crawford
.1155
D358+ 01150
Ewo
2.30
2005
MISCELLANEOUS
Yangisze
4,90
200 G
4.90
FAR EAST
India
2100
Pakistan
2030
1760
Telephone... 1534 16.30
INDUSTRIJALS
Cement KD.
Daky Watson
THE HONGKONG & YAUMATI FERRY COTTONS
CO., LTD.
FERRY SERVICE TO OUTLYING DISTRICTS
(in force on and after the 1st April, 1952.)
CHEUNG, CHAU FERRY SERVICE
Leaving Hongkong for
Cheung Chau
0,20 a.m.-(Direct)
• 8.50
-(Via Ping Chau &
S.M.B. Ping Chau)
*
Chile
Mexico Peru Uruguay 200 245 Venezuela,
The Rubber
Markets
Prices
Singapore, Mar, 31.
of rubber
futures
Hongkong Indonesia Singapore Japan
3015 .129$
United Freas.
DI
"They cannot be expected to Ho any lower while raw cotton commands the "present" "high prices.
Mr George Burnaby Drayson (Cons), who is going to Moscow economic for the international conference, urged the Govern-
to seek
in- means of ment creasing
Chinese and East European imports of textiles from Western Europe.
agreements, "Under
trade received considerable Britain quantities of grain and timber Russia,' he said. "It is from reasonable to expect that Rus¬
of sip should take some consumer goods in exchange.
Meanwhile, there was evi- dence that Red China was-de- sperately short of cotton goods. reports from Peking Omelet
cotton concerns said Chinese were closing for long periods through lack of raw materials, Nations partly due to United
through RTCAEIS' hoarding, United Press.
"We consider our prices are wow at a reasonable level, we know we cannot compete with Japan unless we consent to go on, the rice standard for our workers and that we will neverstoppages and partly
A FALLACY
A present our prices are qrity ahead of five to 10 per cent Japanese prices. They have drop- ped about 20 par con: shee, the middle of last year.
"It is absolutely untrue.
Lancashire suggest that
to
I
360 yen to US$1ying to fist high prices on the Colonies. We are not. But it is true we cannot contemplate further price reductions.
Grain Prices
closed today as follows:-~ In Chicago
Number 1 rubber, per lb.
Apri
Atay
June
...
-(Direct)
9.10
Leaving Cheung Chap for Hongkong 7.00 a.m.--(Vin
7.45
.
-(Direct)
S.M.B.)
*10.20
(Direct)
10,00
11.10
"
1100
17
Ping Chau &
S.M.B.)
11.25
Vie S.M.B. Pine Chou) (Direct)
111.30
---(Direct)
1.10
(T
(Direct)
1.90
Vin Ping Chau &
* 1,45
-(Direct)
S.M.B.)
$ 3.00
-(Direct)
(Direct)
4.30
-(Direct)
4.30
"
(Via Ping Chiou &
4.45
--(Vla S.M.B.
&
S.M.B.)
Ping Chau)
6.00
-(Direct)
0.15
--(Direct)
0.30
-(Direct)
SILVERMINE BAY
FERRY SERVICE
* 4.20
י
Leaving Hongkong for
Silvermine Bly
0.00 .m.-(Direct)
9.10 -(Via Ping Chau)
11.00 --(Via Ping Chau)
17
11
1.30 *3.20 4,30
H
m-(Vla Ping Chau)
-(Direct)
-(Via Ping Chou)
1,30 p.m.-(Via
S.M.B. Ping Chou)
Leaving Silvermine, Bay
for longkang ·
17
13112-1134 10914-15
Number 2 rubber, April 109-110 Number 3 rubber. April 107-197 Number 4 rubber, April 103-104 Spot rubber, unbaled 112-113
17-79 Blanket crepe
131-130
Nu. 1 pale crepe United Press.
LONDON MARKET
Chicago, Mar. 31. Prices of groin futures closed today as follows:-
Wheat-price per bueltel
3344 notatmal 2.51- 2.431-9 2.45 2.484%
Spot tiny
July
September
December
Kay June
London, Mar. 31.
Spol Prices of rubber futures May July ciosed today as follows:
Seplomber Number 1 rubber, per lb. 24-33 December
Rye May
Corn
1.87 1.844-5 1.751
314-3214
302-31
July
2014-
Gats
July/September October/December
7.30 a.m.-(Via Ping Chau) 11.40
January/March -Via Ping Chau) 2.00 p.m.-(Via Plog Chau)
-(Direct) -(Via Ping Chau) 5.40 -(Via Cheung Chiu)
• 5.00 5.15
Sundays & Public Holidays Only.
+ From Wilmer St. Ferry Pier. (Sundays Excepted)
PING CHAU FERRY SERVICE
Leaving Hongkong for
0.10 ..
11,00
1.30 p.m.
Ping Clou
18 nom. May July
United Press. NEW YORK MARKET
New York, Mar. 31. Prices of rubber futures closed today 10 to 20 lower with sales totalling 30 contracts.
September
Qelober
31.84 nominal
33.50 namihp]
November
53,30 nomiak!
Leaving Ping Chau for Hongkong
Desctober January (1653)
33.7 nominal
Febrianty
€2.10 nominal
March
Acill
7.50 a.m.
12,00 noon 2.29 p..
Moy June
5.35
+
4.30
TAI O-CASTLE PEAK FENRY SERVICE
Leaving Hongkong
Ilongkong ...
Castle Peak
Arriving Hongkong. 10,30
31.57 nomiņu)
41.20
United Presa.
2.03 -2.034 1.07% bid
JAPANESE SLUMP
Dur
Tokyo, Mar. 31, The Ministry of International
will not Trade and Industry take any drastic action to cope with the current alump in the the can texile marks, as Ministry attributes the slump to financial factors.
Further curtailment in colton mill operations may be a solu- "It is essential that Celonisition but the Ministry is opposed buyers stop sitting on the fence, to further cuts,
The Ministry believes that Everyone thinks that if they wait
touched off by long enough prices will come the price break in cotton yarn down. In this case it is a and cloth was
announcement the British Tallay
"It Japan should wage a real the suspension of the import of cloth, but it is Japanese could price war we know they best us. But there is another thought the market' will
Cover to a certain extent in April. side to that question. If the Colonies trade extensively with
grey
The Ministry
act
Japan, to the detriment of the tention to
of
The
a
ΠΟ in- has on the quick they textile industry, British
change that is taking place in blow to the iwell deal a trad
And they will the cotton textile market. British economy.
Ministry will thus continue to a general slump not benoit from
maintain the 150,000 bales
basis 1.07% nominat in this country.
month
production 1854-15
that Lan-mon Mr Alckman added cashire cotton executives had though it may ask spinners and weavers to cut down produc- had a number of meetings with|tion as much as possible, from
However, the Ministry will Colonial representatives
to the textile trade do discuss telt take appropriate measures requirements.
help the market to recover it there is further deterioration and WITHI CHINA
signs that the downward trend will take its course unchecked. London, Mar. 31. Leaders of the cotton Indus-
The Mostry believes that if try, backed by Members of continued selling by spinners can Parliament, are seeking to in be prevented, the market will crease exports to Communist stabilise. The best way to remedy China and counteles behind the this situation will be an adequate Iron Curtain to help solve Bri-nancing of spinners who have lolists textile slump.
hand large quantities of long stocks-France-Presse.
2015-22 831 Flew York four-per 200 in. Sacit. $12.45 nominal-Unied Press,
Bullish Trend
In Cotton
New York, Mar. 31. Cotton futures staged bullish demonstration and prices
TRADE
on
on
During Parliament's textile industry debate March 28, suggestions for in- with both Com- creased trade munist China and Russia were made by 14 speakers from both
New York Sugar scored gains up to nearly $5 aeides of the House,
Some suggestions were made
Futures
New York, Mar. 31. Workd sugar futures closed today 1 to 4 lower with sales totalling 48 contracts
May uly
October
ut December
Contract No. 6 closed changed to 4 lower with sales March (1953)
May
totalling 883 contracts,
40 40-40.03
3791
$7,61
Will Reduce Operations
bale. October was sold up to
relax its Britain should the highest that 38 cents a paund,
May ban on the export of machine siaco Feb. 4. Nearby
tools and other strategic ma- touched 41.00.
Tokyo, Mar. 31. 44.57 nominal ferials
inducement to RB -on
All the seven different rubber Spot,
47.40-41.4U Communist purchase of British
industries will carry out Govern- textiles.
The Board of Trade said to-ment recommendations to re- 37.41 bid day that there was no ban on duce operations by mid-April, nominal the export of textiles to Red according to the Jiji Presa today. 16.03 nominal China but it was the Peking re-
So far only the motor-car tyre thai was keeping and tube Industry has actually MARKET ime ikell
such trade at arm's length" carried out a cut in operates -the British cotton textiles could be as recommended, while exported freely to Red China other six industries have not yet under export licences, according taken the measure because of to rules laid down by the Bri- 'differences of opinion among
Government on
Leaving Taip
2.00 pm, Tal O
7.00 a.m.
Kap Sul Mun
3,00
Tung Chung
0.00
3.45
Custle Peak
8.45
Tung Chung
4.30
Kap Sul Mun
D.15
Arriving Tai O
6.45
1
SUNDAY EXCURSION — DIRECT to TAI O Leaving Hongkong. 8.30 a.m. Leaving Tal O
5:00 p.m.
Leaving Tung Chung 5.40
July
May
July
NEW
ORLEANS
September November Spat
436
Spot
400
Contract No. G
May
July
JJuly
October 6.60 1301 bid | December
September
November Bpat
ESSENTIAL SUPPLY CERTIFICATE
DECLARATIONS
Forms 3, 4 & 5 as amended by the
.Government of Hong Kong
NOW ON SALE
SOUTH CHINA MORNING POST LTD..
Hong Kong & Kowicon,
These amended forms are now in fores.
Contract No. 4 (world)
€25 bid dia 4.35 bid
May
BD bid March (1953)
81.00
Biny
5,83
July
United Press.
Exchange Rates
Business was done in the
-jocal
unofficial exchange marketinin
morning at the following rates:-
V.S dollar, (per $1}
0.025
Aterling solo (por. £1) J
18.55
Bim ticals per 100
Indianeria wylder iper 100
3.00
20,00
Singanoro (Etraila)
1.TAG
14.00
VIC Piazzen per 100)
Copra Quptation
New York Mar. 31, Copra was quoted today $125 per short fon,' saio United Press.
„United. Press.
41.00 41.40-41.42 40.57-40.63 17.50-37.20 37.50-37.57 37.40 bid
30.70 -United Preas.
LONDON TIN MARKET
Landon, Mar. 31, Prices of tin closed today at the end of the official morning session as follows:-... Anot tin, buyers foot tin, atlers Business done at Thremantha tin, Three months · Cis, Business done at: Bettermate
tisti
June. 10, them.
The tyre and tubo industry
"JIWANⱭJ
"STELAAT
MAKASSAR "EASTWAY" "VAN UKUTAZ" "STRAAT BOENDA" Apr.
"TABMAN!" "TJIDODAS #TIILUWAR**
**TASMAN** "TJIWANG
"TJIPONDOK“
"STRAAT
ABr
Apr.
Apr. 4th
Apr. $11
5th
Apr. 11
ART. 1301
Apr. 18th
Apr. 221
MAY
Zud
Blogabere, Djakars,
1
May
th
"Atay 9th
May 13th
May 18th
May il May in June
2nd
Japan
$th
June 13th
June 18th
June 17th
July
dod
"VAN, HEUTSZ"
July
Japan
"TJIPANAB"
July
MBUS,
"THPONDOK"
July. Eth
July th
MAKASSAN" "TEGELGENG" "TJILUWAU" "THEASPEK"
"RUYA"
"TJIWANGr" "TEGELBERG" "TIIDODAB"
"TULUWAR”
وديول
JADER
Hingapore, Djakarta Belawan, Dell Singapore & East Africa Manila. singapore, Mombasa,
Marques & 6. Africa
Japan
Djakarta, Tlirshen,
Rurable Mocaust
**Bingapore, DJAKIEJA,. 'Gerareas.
Burabile & Kenchant
Singabote, Panang, & Belawan Dell
Gurabria & Miscossar
Dlakarin,
Trabon
Burabala &"hfacasze
Bemarant
Semarang,
Manis, Agapote, Mauritius, 5. Africa
6. America
Japan
Bingapore, Djakarin, Semarang,
Burayla & ASCARILY 15Jakarta, Tiirebon, Semarang,
Burakala: Macassar,
-SEMIAPADE.
- Djakarta. Nurabala & Miramar Magile, Mingapore. Mauritius,
28. Africa & B, Amurien Djakarta TJirebon, -Semarang,
Burgia & Mischiear,
Bingapore, Jakarta, Semarang,
'Gürabala & Macassar
Japan
Singapore.
Djakarta, Semprang,
"Burahila & Mincassar
Singapore,
E. * 8. Affic
Djakarta,
Реналь
Tiireban, Semarang.
Surabala & Maraisar
fapits, dingspare, Mauritius, 8. Africa
8. America
ARRIVALS
From
Pegang, Belawan Dell, Palembang.
'Djakarta & Singapore
Magassar
Suyabala,
Djakarta & Singapore
Singapore.
Djakarta,
"Surebala d ́Atacassar
Djakafją, Belpwpo Pell & singapore
General Agents,
HOLLAND EAST ASIA LINE
TIPANAS" "THWANGT
"KUYA"
"TASMAN" **TJNLUWAB"
"TJIWANGI" "EASTWAY"
Apr. 10th
Apr. 13th
Apr. 28th
Apr. 10th
BerĮ31408.
Semarang,
SAILINGS TO EUROPE
ARENDSKERS“
KIELDRECHTTM/
Apr. May.
"AAGTEKEET”
Jane
**ULITAN"
Sally
SAILING FROM EUROPE
Bollardam
AITÍVEL Bongkobi
"KIELDRECST"
Balled Mar.
8th
Apr. 29th
"AAGTEKENK”
HAY 1015
BLITAR,
and
Juus
TLA
"BODOKEEK"
July
tod
Aus.
THE
"ARENDSKERE”
MAERSK LINE
VAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIĄ" 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.
M.S. "OLUF MAERSK"
M.S.
"LEXA MAERSK"
M.S. "LAURA MAERSK"
Apr, Apr 10 May
In Port
Apr. 19-
Apr. 28
For Freight and Further Particulars please apply to:-
AGENTS!
JEBSEN & CO.
Pedder Building.
Tel: No. 86066-9,
PATTISON ORIENT LINE
LIMITED
Sails. For:
$.$. “LAURE PATTISON”. Due From:
Japan, In Port.
12-14 Queen's Road, Central,
DIRECT Pusan & Japan, Apr. 6th.
Tel. 25340,
CHINESE AGENTS: OVERSEA CHINESE STEAMSHIP CO., LTD.
48, Bonham Strand, West, Tels., 26127, 81118 & 81119.
PRESS
1951; omcials sald, there have been no voluntarily since the middle of applications for textile exporis March and its production targot to Ching and the only apparent has been set at 1050 tons for reason was that the Pelting March and 1,000 toas for April. Government's
require- trading ments made auch bus
business im- possible.
During the past six months, has been reducing operations PHOTOGRAPHS SOAPY WATER
Is all very well for the Chinese to say they want to buy our textiles, but their ideas, DĹ such trade and commerce are keeping us at arm's length. We have done our best to trade, but with no success," officials said.
Mr Sidney" In Parliament,.. Silverman (Lab), charged that trade with China could readily be opened if Britain, would rid
France-Presse.
Copies of photographs. taken by the South China Morning Post, South China
JAPANESE BONDS |Sunday Post-Herald, and
'London, Mar, 31, Japanese bonda
"A" (45) of 1800)
(5 of 1807) "D"! (5s.'' of÷1034). "E" (5741, of 1934):
Consol
3034 110%
130
394 *United Press,
China Mail Staff Photo graphers are on view in the Maming Post Building,
ORDERS BOOKED
IS GOOD FOR PLANTS:
USE BATH SURPLUS IN THE
GARDEN.
WATER IS PRICIOUS