Page
MESSAGERIES WAY MARITIMES Civil
MOM
"GRENOBLE", "FALAISE"
Arriving
Leaving
....AU. 2 Hrpl. 1
Nej. 10 Kept. 21
+"MEKONG"
*"FELIX ROUSSEL"
J
+"COURSEULLES"
Aug. 23 ...Aug. 18
B
Aug. 24
Avg. 18 sept. 9
For passenger and freight.
Ontward For
Europe
Kurbpe
flomeward For
N. Africa & Europe Marsellles via Atanfla N. Attica á žutoyo
For freight to Saigon, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam,
Accepting cargo via Marseilles to all Mediterranean & West Africa Ports - Via Djibouti to Madogasely,
subject To Change Without Notice.
CIE DES MESSAGERIES MARITIMES
P.O. Box 53, Hongkong.
Queen's Building (gr. floor)
Tel. 26651 (3 lines).
EVERETT
LINES
EVERETT ORIENT LINE
Fast cargo and passengers service refrigeration space available for Korea, Japan, China. Philippines, Indo-China, Siam, Malaya, Burma and East Coast Indian Ports,
"LENEVERETT"
Arrives Sails
July 27 from Manila. July 28 for
"REBEVERETT"
Arrives Sails
Singapore,
Sweltenhamn, Rangoon &
Port Penang. Calcutta.
Aug. 5 from Singapore.
Aug. 6 for Japan.
(Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STAR LINE
Fast cargo and refrigeration spaces available for Korea, Japan, China, Philippines, Indo- China, Siam, Aalaya, Ceylon, West Coast Indian and Persian Gulf Ports.
FIRST CLASS PASSENGER ACCOMMODATION
M.S. "STAR ALCYONE”
Arrives Aug. 3 from Kakinada, Sails
for Kobe and Yokohama, Aug. 4
M.S. "THAI”
Arrives Aug. 9 from Philippines. Sails Aug. 10 for Kobe & Yokohama.
(Accepting cargo for transhipment Kobe/Pusan and Hobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A Quean's Building, Telephone 31206. Chinese Department: Tolephone 28293.
Jute Drive To Sales Drive Regain Markets
India Plans
Calcutta.
India's jute goods manufacturing industry, en- couraged by its dominance of world markets and by the recent closer co-operation of the Government, is planning to regain markets which have been lost to substitutes in the past two years.
Plans are now complete for a $100,000 publicity cam- paign in North America, aimed at regaining customers there who have turned to substitutes.
THE CHINA MAIL, THURSDAY, JULY 24, 1952.
R. INTEROGE
Page
Engineering Problems ROCEAN LINES
Taiwan Ban. On
Remittances
Taipei, July 23. The Rarite of Taiwan has sdspended remittances to mainland China by Taiwan residents,、
Up to now Talwan rb- sachis had been allowed to remit $200 a month to their mainland dependanta, mostly through Hongkong. The new ruling is expected to kave more than lift81,- 000,000 in foreign exchange. each month, France- Presse.
Japan And
Trade With Red China
"Embargo Should
Be Lifted"
Tokyo, July 23. The leading economic daily, Nihon Keizal, said in an editorial today that the forthcoming. Washington conference on Far Eastern trade should lift the em- bargo enforced in Japan on certain items to remove the erroneous impression that Japan is still an occupied country.
The editorial noted that the Japanese Government would ask
In The Colonies:
London Conference
EXPANDING ROAD PROGRAMMES
Londoni.
That rapid expansion of road programmes
is taking place in Colonial Territories without HONGKONG
essential information which only the Colonies themselves can collect was one of the opinions. put forward at a Conference on Civil Engineering
Problems in the Colonies, convened by the
Institution of Civil Engineers in London.
In a paper on the need for Colonial road
SHARE
MARKET
(Fibris Out Correspondent)
Cements, Watsons and Elec--
research, Mr H. W. W. Pollitt urged that use of the most expensive forms of construction should be delayed until information shows them to being
justified.
He emphasised the need for more research in the Colonies themselves on many road problems, and gave some instances of research work already done in indivi- dual Colonies.
itles were most in demand dur-
a
liveller session of tho Slock Exchange this morning, when total turnover was $282,- 742.30. Noon quotations and the morning's fraisactionis:- suARES BUYERS BELLERS SALES
GOVT. LOANS 3151948).
BANKS
2000 of b
HK Bank XD 1400 2410 20 m 1400 10 2403 East Asia $42
ato 230
130
to
Canton
Union
1 Fire
DOCKS, ETC.
Provident
Dock
bo- In the Gambla, the prelimi-be much better than was
Preliminary extraction hars steps have been taken to- lieved: wards laying experimentul by open-cast methods is being INSURANCES
undertaken by the railway bitumen-cand mixes.
Experimental bituminous sur relieve it of one of its biggest
the worries and heaviest items facings have been laid in
of Gold Coast and Nigeria, where expenditure wood fualia
may be available for domestle purposes, other commercial. The local facture of bricks and will be made possible, as well as a variety of products from Borneo's prolife vegetation,
Interesting work on burnt
cutiensoit roads includes sxpert- inental pre-mixes made with the burnt-soll aggregate.
In Nigeria experiments have also been made on cement and bituminous stabilisation erd with the application of surface dressings directly to subgrades.
The effect of Incorporating
In Singapore and vestigated Malaya, where a number of un- specilled experiments arg seid to have been carried out by Individual engineers.
MARKET IN H.E.
and
· manu- cement
the conference to lift the em-rubber in bitumen is being in-ready market in Hongkong. bargo on four non-strategie itans -paper, spinning machinery. woollen goods and dyestuffs.
The editorial urged that Japan should strive to acquire a clear idea regarding
future of the Japan's trade with Red China and form a define conclusion as to what materials should be held ar restricted.
Keizal observed The Nihon that it is natural that Japan as well as
countries in Western Europe should seek to relax the restrictions on trade to a certain extent since they are more in- terested in trade with Red China than with the United States.
It is also natural, it con'inued,
CD-
niso
a
Any excess coal will find
The raliway, Mr Gatferd con- cludes, has great possibilities, unknown dependent upon the latert wealth of the Colony and
years
of
៦.
S'hai Dock
Wheelock ... #I%%% 445
ALINING
Raub
LAND, ETC.
HK Hotel
4.33
20 en 74514
10 155
HK Land (0) 4 1230 45
1K Lma (0) 42;
S'hai Land
UTILITIES
Tram
F. Tram
P. Tram (N)
Star Ferry
110.70 200 à 18,50
C. Light (0) 0,4 9,80
C. Light (N) 0.70 0.00
Electric
2222.40
Elec. 10.30
Mocad
Telephone INDUSTRIALS
17,40 17.00
CSESTRE
Cement..... 10.0 10.90 500 v 10.70 3500 & 10.00
the world's needs.
Railway problems CENTRAL LABORATORY
different kind provided the sub- Experiments on the use or
and molasses Ject of
of a paper by Mr E. J. B. calcium chloride
or. been Galan, who described the en laterite ronds have made in Uganda and it la pro-ganisation and maintenance of soles, ETC.
the Nigerian Railway . study. the posed to
running casts of Public Works Depart- In recent the training of Africans to assume the ment vehicles
tu In relation
responsiblities type of road used.
of the higher In Tanganyika an experimen-supervisory grades on the rail- tal sand-elby road has eeway has been a major preoccu
considerable patlon of the Colonial Office and constructed, attention has been paid to the
the Nigerian Government. development of Corth-and-gravel niques
for
and
tech-
A Permanent Way Training School, started in 1042, provides
5-year apprenticeship
a
which
There is also an
Improver
| Class which hay kod
that the embargo on Red China roads, based on the systemaus has been of great benelt. trade which was imposed during method the
feld occupation should be re-
In Priginating in
experiments
valuable examined from a fresh view-have been made on the use
stabiilsing agents, and
results. Although Africans studles In conclusion, the editorial have been made of the moisture all supervisory posts up to and that of Sub-Per- called
the conference to conditions beneath failed roads. including on
Inspector, tho Way Laboratory adopt a trade polley which will The Materials
has manent wis Japan's voluntary
also made laboratory investiga- grade of Permanent Way operation--Franco-Presse.
tlons of
number of stabilisery filled by expatriate staff,
unill 1945, entire spector was, and of the properties of
There are now six African more difficult coils.
the number will ho establishment
steadily ว central Colonial Research Laboratory, increased.--The New Common-
wealth, or, falling that, of regionai Laboratories; for example, East, West and Central African Laboratories;
FOREIGN EXCHANGES
IN N.Y.
Canada England-official
Australia
.
New York. July 23.
US$1.03
unonical
30-day futures 90-day futures
Now Zealand
South Afrien
Belgiura
Denmark
Franco
West Germany
Holland
Ilaly Norway Portugal Sprin
2.10-13/14 2.59 Uld/
2.61 asked
A.70 2.704%
Mr Pollitt recomm
recommended the Permanent Way Inspectors and
WATER PROBLEM Problems of water supply, are among
most the
complicated factors of development in many Colonial Territories and SOITIC of them were discussed by various authorities at the Con- ference
In Tanganyika, for instance, existing permisnicht water sup- phes are widely spaced and the 2.70
arcas served by them are be- 2,70-3/18
coming
The over-populated. 0108
number of cattle is increasing 1455 0028-0/10 and over-grazing of the areas 4.20
round the
present waters is 2018
becoming serious from the point
Bank Loan
To P.I.
Power Co.
"VAN HEUTRAM *TUKAKIFER"
"TJIWANGI
NOISSEVAINN "TJITJALENOKA”-
*STRAAT BANKA”
*THSADANE" "TÄDDAS" **TIILUWAAT* “KÄR. DEUTSỂN
WTJIWANGF
"STRAAT
MAKASSAR” *ZJWONDOK"
"RONSKVAIN"
Aug.
AUK
Aug
BAILINGS
AUS.
P
Aug. 10 Aho. 12
Aug. 18
Aug. 21
Sept. 2
Sebt. Hept. 1
Sept. 9
*TJILUWAB
"TJIKAMPEK"
Sept. 24
EIPT. 23
Bept, do
**JIWANGI"
Oct.
I
RYAN JEUTEZ”.
Oct.
STRAAT
Oct.
MAKASBANY
Oct. #
Oct 18
“TIUODAS"
*TJILUWAI
"TJIWANGI
ISKRATOR
Bingapore,
To
TZITADOVI,
Bjakarta, Bemarang
Autabala & Macaciar
Jahan (vla Manila)
4. Amarita
fiolawan - Heik
Singpore, Penang.
tomball, Tanga, Zanzibar, Varā
-SATARTÓ,
American
Гараа
Djakayla,
Tirebon,
Autabala & Marakkar
Bingapore;
Betfarangi
Djakarta, BCILOR;
Surabáix & Macassar
Aingapore, Pabana de Bolawen Dek
- Bingspora, Jakarta, Semarang,
stradala Makatiar
Jattan
jakarta,
•
TJirebon, Bemarang, Suratdia & Macaskar. Marlin, Singapure. Mul
B. Africa 8. America
Bingapore, Djakarta, Semaraug
Burnbale & Knerssar
Djakarta, Troton.
Japan
Bemarang,
„Niteabala &"Mäenasar BIARINUTE, Djakarta. Sematang
Hurabala & Dincasar Bingapore, kang & Belawan bell *Manik, Bingapore, Maurilius,
8. Africa, Amorlen Djakarta. Tjirebon, Betharang
Surabala & Macassar *Singapore, Djakarta. Bemarang.
Buynbala Macassar
ARRIVALS
From
Djakatia, Bemarang, Surabala
Aidensiar
B. Africa, Mauritios & Singapore Зарап
B. America, S. Africa, Mauritius,
& Singapore.
In Port
VAN HEUT82" "TJIKAMPER" "DOISSEVAIN”
"THBADANE"
In Port
July
July
30
Aug.
4
"TSITJÁLENOKA” Adig. 6
TELEPHON
America, E .& B
Misuritius Singapore
Japan
Atrica,
MAERSK LINE
FAST FORTNIGHTLY SERVice to:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via. SAN FRANCISCO, LOS ANGELES AND FANAMA.
NEXT SAILINGS
"JEPPESEN MAERSK”
b. 18.10
Lane Crawford (R.) COTTONS
Dairy
...... 10.30 1011⁄2 4000 mm 18,48 Watson
21.00 21.00 5400 € 34,70 1. Crawford *
714
M.S.
M.S. "HULDA MAERSK”
Ewo XD
2.30
M.S. "TREIN MAERSK”.
M.S. "TREIN MAERSK”
M.S. "PETER MAERSK”.
Argentine Concessions
On Wool
Buertos Alief."July 23. Argentina has difered pre- ferential exchange rates and tax concessions to wool exporters in hopes of selling the 187,000-ton wool surplus by the end of the year.
Untų December 31, exporters, will be able to cash it half of the
foreign
exchange they obtain through wool snits the rate of 5 pesos to a dollar and half at 7.5 pesos to a dollar. The
frec
peso is rated about 14 10 a dollar..
Wool exports will be freed from Argentina's heavy sales
taxe.
CX-
No official trade statistics are published in Argenting, but the Washington, July 23. independent newspaper Representatives of the Philip Nacion
Nacion" reported carly this pines and United States Gov-year that Argentine wool emments today signed an ports had fallen from 142,100 agreement under which the Ex- fens in 1950 to 87,400 tons in the port Import Bank will lend first six months of 1951 as the $30,000,000
National result of high prices in the fall- Power
of the ing market.
"La Nacion" said 230,000 tons Philippines.
to the Corporation
Domestic deinand is ex-
It was the Bank's first loan to of wool had been occumulated in but the Philippines and the signing Argentine warehouses, including that little progress Bag been ceremony was hailed by officials 44,000 tons left over from last innde in the developinent of ir- as being "only the beginning of year, rigation excopt in connection a happy relationship." The Bank /pect to mount to about 6
and is an official agency of the Unit 000 tons this year, leaving 107,- tons to be disposed of eise- for large ed States Government and
funde vated by Congress where,
Texilic manufacturers
8010
1405
0370
0363
Sweden
0133
of view of soil erosion.
Explaining the nature variety of Taugahylka's
Swizerlandi
Middle East
L. R. Buckland
and' water development problems, Mr L.
pointed
Egypt Iran Irpa Turkey
2.8012
(3125
2.79
5375
Latin America
Argentina
that there to scope
Bratli
.0500
Bolivia
134
Chile Colombia Cuba Mexico Peru Uruguay Venezuela Far East India
2003
2004
2:030
1742
Indian mills have adequate A high-pressure American
raw material to alyle advertising drive, will at stocks of tempt to convince industrials until the end of August, As the that Indian jute is once again new Indian crop begins to move mills will not the cheapest and best packaging in September,
therefore on to depend material. Similar but smaller have
raw supplies, to campaigns will be launched in Pakistan for
long as Pakistan's prices remain other enuntries,
on uneconomic, beca
Pakistan Hongkong Indonesia
Singapore
Now thut export dulles
Pakistan can reduce her raw Indian jute
goods have reduced, co-operation between jute prices in three ways: by Japan -the industry and the Government bolishing the export duly, by invering the controlled minimum Is close
devaluing by
the A conference in Delhi will prices consider the modernisation of including the Indian mills, introduction
of high-speed machinery, which
boen haz
currency.
CA
PAKISTAN JUTE PRICES Abolition of the export duty
inspected by Government alone would not be enough, for
officials in Dundee and elo-
A where in Europe,
GOYT, CO-OPERATION.
The
1125
scale irrigation for rice
bero by diverting and cantlising
1
| em-
000
M.S.
ARRIVALS FROM U.S/A.
"NICOLINE MAERSK”
July 30 Aug. 16
Sept.
2
Aut.
$
Aug. 11
Aug. 29
For Freight and Further. Particulars please apply to:→
AGENTS::
JEBSEN & CO.
Pedder Building.
Tel. Nos. 86066-9,
Japanese Envoy's Assurance On "Unfair Practices?
London, July 28,
The Japanese Ambassador, Mr Shunichi Mat- sumoto, said today that Japan placed the greatest importance on Anglo-Japanese relations and that the Japanese Government was doing all possible to prevent unfair trade practices.
Mr Matsumoto's speech was made as the guest of honour at a Japan Association dinner at which Sir Edward Crowe, former Commercial Counsellor at the British Embassy in Tokyo, was Chairman and which was attended by notables including the former British Ambassador, Sir Robert Craigle.
ing in the valley of the Kilom pot Ambassador, Chile have bought considerable know, Japan places the great-† halt the manufacture
for
fts "The
Mr Málsumolo sald, “As you "Orders have been issued to of goods importance on Anglo- which may result in an Imitation the streams flowing into the Carlos Romuld, was the firet to quantities of Argentine wool in eat
of British goods. valley from the surrounding sign the document at a brief recent weeks and buyers in the Japanese relations.
Whenever wo speak about "We ate looking forward to the bills.
Franco, Belgium, Italy, these we must never overlook cotton conference in September, ceremony In the office of the U.S., Southern Rhodesia is among Banke President, Herbert Gaston. Japan and Western Germany
the elbgest ties, think that it is of the utmost the fact that countries where steady develop Filemon
are reported to his Interested in ecneral Rodriguez,
existed
betwich Britain importance that these concertad ofice various gradës of ment of water recources is tak mahager of
Argentine the Corporation,
and Japan at the time of the in this trade should discuss the ing place, and Mr P. H. Havi-affited his name on behalf of the wool--United Press.
panese alliance at the chatter with absolute frankness.” that land told the Conferenco
Mr Matsumoto concluded by of this century. agchey and Mr Gaston Bigned the
would
of the Uko Japanese expressing appreciation sub for the Bank United Press.
Welcome" re conservation.
people to have a batter under warm, friendly
Who' ceived during
"Bix-weeks standing of the Engilsh way of that he has been Ambassador to life because thead is a tendency
·Britain---United Press. toward ignorance of things
LESSON LEARNEDT Engilsh."
360 yen to US1 suits had followed
United Press.
Cotton
Of Wool
Instead
conserva-
polley ci sidising both soll measures and water Bion works. The work of
the Department of Conservation In promoting belter
farming methods and greater absorption of the rainfall is helping соп
sideraPTI
The
CONNEO
General Manager of the North Borneo Railway, Mr H
of
London Rubber
Futures
LONDON TIN
MARKET
by
!:
New York, July 23/0 Tho New York Times today Mr Matsumoto said that he
•London, July 23.
the biccop- was honoured to be Japan's firat The tix market was steady fo
ungrd editorially. the morning on a turnover of 45 post-war Ambasador to Britain, tanco..of the Japanese applies one highly on for admission to the Gen tons, of which 30 dons were for
The post was
by the Japanese eral Agreement on Tariffs and cash, Prices closed as follows: regarded
D11
and Government
His Trade. Epat is, buyers
000
It noted that Japon appeared Japan appeared Business done at
******** 26515-000 predecessors, Tiree-months. Un, buyers' 031
TRADE COSIPETITION .. Three-months tin, sellers 06415
-504-00415 Budine done st
0631 25-Settlement
United Press," 2424-95 234 United Pressi CEYLON PRICES UP, So Colombo, July, 23:
2014-15
the price of Indian juto fallen condiderably in the last two months, Some reduction in
London, July 23. the fixed minimum prices 13
New York, July 23.
Prices of rubber futures closed Rug matern are using more Gatford, gavo d- most interest today as follows: India's recent heavy adverse confidently expected here, but
Ing account of the rehabilitation Number 1 rubber, fn Pakistan and more cotton in place of the trade balances have persuaded devaluation
the railway after ho wool, industry sources said. It of
pence por ib..... unlikely, the jute rupeer the Government that
and Japanese pecupation and of the September ve industry, which ia a leading
Indian raw jute has become so is considerably, cheaper
countless difficulties Involved October/December dollar
that it is how feared that lasts about as long, they say. needs every cheap tha
A tufted cotton rug oils, from in it.
January/March Assistance
Government's cultivators will tum to the
nhout $2 to $3 tom
He also forecast futuro de April/June; per quaro
velopments in which the labour-saving prices of which were recently
way will play
fraph-tant Such b
compared with $10 and
1840, collen floor covering part. An immediate prompect In this change of Alude mught once again make India
the dependent upon Pakistan for her output, totalled only 7,000,000 les in the opening up of coal Meanwhile, however,
Last year out- deposits near Weston, at the yards. aquara volume of exports of jute goods Jute supplies..
mit, wan estimated at 40,000,000, southern terminus of the lines This danger, however, will not with the prospect that it may These have long been known from Calcutto is steady, but not spectacular and Yong- arise during die coming pensum double litis year Wool and but never exploiteda
Recent work by the rush of American and until it does Induh mills rayon, together That year total-
smal expected.
Geological Department in Bor- ordera has not dominate the world markets in led o1,000,000 ¿quare yards. -- buying
neo has shown the quality to Jute and fute goods,
Associated Press.
now to consider
(dor a production of food grains, the yard than wool, or around $8 on of the industry decontrolled...
materiallacti
of
tho
movo
Ceylon rubber prices advanced
by 15 Cents Praterday, on nows
to Havé: Karned" · ber" lesson: In the Intochalinsi neid and that Administration
amenable to sute
On Japaness trade competition, tiborterit. Mr Matsumoto said, "There are certainly 1,
continually suggestions which webtions hs to the tend to regiriet thus low of trade conduct that will restore cons
course of
Exchange Rates between Britain and fapt, but Adenes in Japan's good faith."
markot: KNJE
promote ingre tendo
there
Japan And 1.M.F..
am convinced that the alm-United Trees. should bo
"Naturally Business was done in the local
British concern about Japanesa that brather ship was calling at morning at the following rates
competition but I would like to
dapah, expects to be admitted Colombo In August to take 1,5 dollar (per #1) rucher, to Ching
direes that the Japanese Govern. to the International Monetary HUMAN sterling noter per £1).
ment is doing everything in thele| Fund and World Bankston, This will be the elgfith yousel Indonesia guilders (per 100) to load for Chiha from Colombo, amicols (bar=-100)
power to prevent unfair prae- August 16, a Fibance Maunty *1.74: Bingapore (Htruz(K)
spokesman said today-Router
·ileer, -Router.
FIC plastres - (puz, "1003" MESTU ALUS,
47
30.09.
►