MESSAGERIES M
"DIR HAKEIM"
+"NEAUVAIS"
THE CHINA MAIL, FRIDAY, MAY 16, 1952.
MARITIMES Heated Controversy Over The
Artving Leaving
14 June 22,
.htay 10 May 20 **FFLIX ROUSBEL"
21 .MAY
MAY 23 "LAKE MICHIGAN" ...June 3 June 7
M
Outward Ver
Jaşınta
Homeward For
N. Africa & Europe Marcilios vis Manila N. Altjes & Kurepe
7. freight for Saigon, Alexandria, Tunls, Genoa, Marseiles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, Rotterdam & all Mediterrancar porta vià Marseilles.
2
Madagascar by transhipment in Saigon or Djibouti, For Passenger & Freight,
Bubject To Change Without Nolico.
CIE DES MESSAGERIES MARITIMES
P.O. Box 53, Hongkong
Queen's Building (gr. floor)
EVERETT
Tel. 26651 (3 lines).
LINES
EVERETT ORIENT LINE
Fast cargo and passengers service refrigeration Брасо available for Korea, Japan, China, Philippines, Indo-China, Siam, Malaya and East Const Indian Ports.
"NOREVERETT"
Arrives May 20
from Singapore.
Sails May 80 for Japan.
"REBEVERETT"
Arrives June 6 from Manila.
Sails June 7 for Singapore, Penang..
Rangoon
&
Calcutta.
EVERETT STAR LINE
Fast cargo and refrigeration spaces available for Korea, Japan, China, Philippines, Indo- China, Siam, Malaya, Ceylon, West Coast Indian and Persian Gulf Ports,
FIRST CLASS PASSENGER ACCOMMODATION
M.S. "THAI”
Loading May 20
Sailing May 21
Thai Request To Japan
Bangkok, May 15,
The Thai Minister for Economic Affairs yesterday Javiled Japan to send a trade delegation to Bang. kok to negotiate a rinewal of the Japan Thab. barier trade agreement due to ex- pire at the end of June.
Thailand is con- sidering the advisability of continuing barter trade or having Tree trade with Japan-France-Presse.
HONGKONG
SHARE MARKET
(From Our Correspondent)
Business
the Stock Ex- 011
Complicated System Of Purchase Tax
Arguments In Lancashire
(By RONALD BOXALL)
London,
Lancashire's present troubles are, to some extent, a result of its own short-sightedness, Like the boy in Aesop's fable, it made the mis- take of crying "Wolf!" once too often.
There are many people in the cotton industry who, even now, are inclined to lay the blame for the present recession at the door of Dr Dal- ton, who advised consumers at the end of 1950 to stop buying textiles until prices came down,
No doubt this had its effect on sales. How ever, the buyers' strike which brought about the present trade recession did not develop into a really serious situation until several months later. Lancashire's first reaction to uncertainty as to the future trend change this morning amounted the falling off in sales was to of prices, they say, mass meetings
from to $180,910.40.
the are ant to be used to put nerops protection Noon quotations seck
Government. and the morning's transactions:---
At first, it spoke sectional
They drive SHARES BUYERS SELLERS SALES with many voldes, but recently its home this point by pointing to co the number of Socialist M.P.s campaign has been more ordinated. Its clarion call now who are appearing on these is: "Abolish the purchase tax on platforms. cutton goods.
is
BANKS
TIK Dak
East Astu... INATYRANCES
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BILPPING
Provider
Wheelock
LAND, BIC
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views.
whichever method this significant, however, that chosen to influence Government one rarely hears the word polley on purchase tax, the ease "slump" mentioned in 'Lancashire | for relief is a strong one. The today, One prominent member industry points out that three- of the
Colton
told me, quarters of all its output is sold suite emphatically, "This is not on the home market. Now that “a siwifi). It is a very serious sales have fallen practically le
trade recession." To the man- in-the-street this
laken to give consumers the necessary inducement to buy. The removal Tho
of purchase tax,
5.00
Ama Nav.
115
DOCKS, ETC.
Whare
RA
N. PL What?
41
290 @ 41
7.00
175 42 430 és 15
1.35
Star Ferry A. C. Light (0) 1
101010 1303 $ 14.
300 10,10 114 833 640 8.25) M
DRG Q
$210 Hofet HK Land
HK Land (13)
37K Land (Ð
·R'hel Lond UTILITIES
Train......
may seem to be every possible means should
be a case of hair-splitting, but to members of the cotton industry! the distinction in one of great importance
The word "slug" was applied, to the situation
they argue, would do this by causing an automatic reduction
in the price of better-quality
in the cotton in- textile goods of the sort which
Royal InterOCEAN
"TIILUWAU
#TJIKAMPEK"
"BUY"
SJWANGU. *TEGELBENA"
June
25