MESSAGERIES MARITIMES
MM
"GRENOBLE” "TALAISE"
Arriving Leaving Ontward For
.Rept. 4 Napt,
Japan
Bept. 10 .!
Hop 21
Japen
*HIEKONG" Keolung AME, I1
Hongkong AVE. 14 **FELIX ROUSSEL" Jang. 18 "COURSECLLES"
..... Bapt.
For passenger and freight,
Aug. 13
Homeward For
JY
Aug. 18 N. Africa & Europa ·
Aug, 18 Bept,
Marseilles vis Manila
9¦ Ni Africa à Europe'
For freight to Salgon, Atelers, Oran, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam,
Accepting cargo:
-via Marseilles to all Mediterranean & West Africa Ports.
via Dilbouli to Madagascar..
Bubject To Change Without Notice.
CIE DES MESSAGERIES MARITIMES
PO. Box 63, Hongkong
Queen's Building (gr. floor)
Tel. 26651 (3 lines).
LINES
EVERETT EL
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.
"BRADEVERETT”
In Port Loading Sails
Aug. 14 for
"NOERVERETT”
Arrives Suils
Singapore, Port Penang, Calcutta.
Swettenham, Rangoon
&
Sept. 3 from Singapore.
Sept. 4 for Japan.
(Accepting curze for transhipment Kobe/Pusan and Kobe/Okinawa)
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. "NORDSTJERNAN“ Arrives Aug. 14 from Japan.
Suita Aug. 15 for Singapore, Madras,
Colombo,
3ambay, Karachi, Kharramshahr & Basrah.
M.S. “STAR ARCTURUS”
Arrives Aug. 23 from Singapore Sails Aug. 24 for Kobe & Yokohama
(Accepting cargo for tramlijpment Kobe/Pusan and Kobe/Okinawa)
דין ה*' * - *
EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telophone 31206. Chinose Department: Telephono 28293.
M.V. "FELIX ROUSSEL"
Will sail for MARSEILLES
via
MANILA, SAIGON, SINGAPORE, COLOMBO, DJIBOUTI, SUEZ & PORT-SAID
on
Monday, August 18, 1952
at 9 p.m.
Passengers are requested to board the vessel with their cabin baggage on the 18th August between 4 and 8 p.m.
Baggage Room and Hold Luggage will be -registered at Kowloon Godown No. 50 (No. 2 Gate, Canton Road Entrance) on the 16th and 18th August between 10 a.m. and NOON only,
No baggage will be registered after the time Indicated above
Compagnie des Messageries Maritimes Queen's Building,
BUSINESS
REGULATION
ORDINANCE
1952
Copies of the prescribed Forms 1 (a) (b)" and 1 (c)'
Now On Sala at S. C. M. Post, Ltd. Hongkong and Kowloon
*TEN 'CENTS EACH
THE CHINA MAIL WEDNESDAY, AUGUST – 13, 1952.
Steel Mills Recovering
New York, Aug. 12. The nation's steel mills
recovery are making a fast after the paralysing 55- day nationwide strike and ato expecled to operate at 93.4 per cent of rated capacity tha wock, the American Iron and Steel
today. Institute sald
The Institute sald the nallis would probably pro- duce 1,981.000.- tdhe "this week compared with 1,800 000 tons last week United Fress
Japanese Exporters' Complaint
Tokyo, Aug. 12.
havo
More items which just been decontrolled by
Pago
Four-Year Plan For ROYAL INTEROCEAN LINES
Haiphong Port Rebuilding
Haiphong, Aug. 12. .
Jean Pallier is working hard to rebuild the war-damaged port of Haiphong up to its pre-war capacity, but he would like to see a brand new one bullt at a cost of around $25,000,000.
Cement
Industry Revival
Haiphong Aug 12
The biggest industry - in this key day th Northeastern
ደውላ
**TŠILUWAIM
“VAN. BRUTAZ”
TIIWANGI" "STRAAT
ПМАКЛЯВАТ" "EJIDONDOKY
"TJIMENTENG"
VAN HEUTZ" "NIBADANIY
JRANTER
| Indo-China conichi #JIWANOF
slowly fighting its way back
"TEGELBERG
MAKASSAR" VAN BEUTEZ***
"TIDODAS
TJ1BADANE” ·
TIRANTIET
M. Pallier is the director of this vital part of to pre-World War II pro-RTRAAT entry for the millions of dollars worth of Ameri-ution gures.
The sprawling plants of the can war supplies and equipment pouring in to help French-controlled Sbiete Ano- the French Union forces win the war against the Communist-led Vietminh in Indo-China.
FOREIGN
Washington for export to EXCHANGES
from China Communist Japan, ure unwanted goods, official circles stated today.
Trade Ministry drcles, while welcoming Washington's - agree- ment to lift the ban on additional items-agar sigar, chemical Obre Incense and goods, mosquito Fyrethrum-said that these are precisely the items which the Chinese Communists do not wish to buy.
They hoped to obtain lifting of the bon on articles such as chemical fertilisers and medicines, in' addition to the already deeon- trolled four items-woollen goods, spinning machines, paper and they dyestuffs and add that would do their best in another similar US-Japan conference to be held in Tokyo shortly..
The Ministry of International Trade and Industry will open applications for export of new Items upon confirmation of the agreement from Washington.
MISSION TO F.I.
Canada
IN N.Y.
New York, Aug. 12. ................... 'US ·2.0414 27012
England-oficial
***Unoficial
255 bid-
258 asked
30-day futures...
2.709%
* 90-day futures ..
2.77%
Australia
2.131
2.201
3.791%
010011
New Zealand
South Africa
Franco
italy
trani
nomic dea
Portland do L'Indo-Chine now A
Ciments Artikelet
are hveraging 'an' butput of 20,0 000 tons monthly. He says that what is really Production for 1932 lo expect- nected is for the port of Hai-ed to top 240.000 tons.
The phong to shift itself eastward
was 300,000 tons ward the Bay of Along, for in
P10307ga
facilities here, even at their H. Durand-Chastel, of Lyons, best, cannot handle the rapidly, France, director of the Sociote growing demands of incoming | des Ciments do L'Indo-Chine,"
said it wile and outgoing chips, t
hoped the plants Today
Halphong port has would be turning out 300,000
PARTENE only five de so good tie-up tong by 1954. points for ships, That means many vessels" have '16''wait for days to get in, unload and load.
rc-
But all American ships carry- ing war material come first. M. Pallier sald every facility possible 1s
promptly mado available to these vessels and there are no part ch
charred against them.
Shifting sands and unstable land deem to rule out any possi- 20023-1/13 bility of" over really, expanding Haiphong port, for it is hard to And
a' spot ta *a' wharf or
•point w
Faller thinks it would eventually be wiser to a How spot on Ormer look for a
Belgium
Denmark
West Germany
4.20
Hollana
*2837
Norway
.1400
Portugal
.0370
Spain.
.5043
Bweden
0035
Switzerland
2331
MIDDLE EAST
Egypt'
2.0012
03/23
treg
3.7912
Turkey
LATIN AMERICA
Argentina
.0040
Braz
.0300
Detvia
Chile
.0005
a
Colombia
4023
Cuba
Mexico
Реп
0044
"
Uruguay
2015
Vencrucia
2003
FAR EAST
India
2000
Pakistan
Hongkong
17A
Indonesia
3013
Slazaporo Japan
The economic dally Nibon Kelzai reported today that four-man mission of the Japan Steel Tube Company will visit the Philippines on Aug. 15 to investigate iron ore resources.
The company had been nege" tiating for the construction of a rieel rolling mill in the Philip- the pines at the request of Philippine President's - brothor, George Quirino,
YARN OUTPUT
A total of 144 Japanese spin- ning companies produced 30,- 021,099 pounds of cotton yarn in July, the Japań Colton Spin- ning Association sald today.
The Agure represented increase of 2,073,887 pounds avet June.
The announcement stated, however, that cotton cloth pro duction decreased in July by
·1,815,055' yards from June to 66,334,040 yards.
Cotton yara and waste abre output in July totalled 91,075,459 pounds.
yarn
Operable cotton spinning machines at the end of July numbered 6,948,093 spindles - an increase of 150,004 spindles over the previous mouth, France-Press0,
HONGKONG SHARE MARKET
(From Our Correspondant)
There was a sharp decrease in the volume of business done on the Stock Exchange this mor- ning, only $300,166 worth of shores changing hoods. Noon quotations and the morning's transactions:
BHAKES BUYERĮ SELLERS SALES
BANKS
HK Bank Eout Azia
INSURANES
***
1400
Union. 74231⁄2 74716 : 20 # 745 lik Fire
234 140·
SHIPPING
Asta Nav. 1.07EG
DOCKS, ETC."
K. Wharf
N. P.Wharf 1,00
Flock' IMAN: 18.30
Provident
12.40
Tel: 26651
S'hal Dock
1,073
2000 @ 1.70.
THE
HIC Ilotel
436
JUK Lord
(0)
(N)
4345 4315
"POST" TYPHOON
MAP
Incorporating amend- ments to the Loaf and Non-Local Stori Bignal' Codes.
$5.00.
| Mounted
Unmounted $4.00.
Obtainable from
BOUTH CHINA MORNING POST HONGKONG and KOWLOON.
LAND, ETC.
Bhol Land 1.35 1.40
Humphreys 11.00
UTILITIES
1. Trom
Peak Tram
Star Ferry
300 yen
land for a new port of Halphong castward in the Bay of
CONSTANT DREDGI Now ships have 16 into Halphong up the Song Cua Cam River which always presents difficulties, for constant dredging is required to keep the Hver clear of bandbors
*and'
impedi-
Pagation Dated
that
5,000,000,000 Indo Chinese
piastres (US$25,000,000) would be needed to construct a first
He explained there was stili much reconstructión work to. be done to bring the plants up to peak production! They wero
*TIPANAS"
RUYS "TJIWANOP"
"THIBODAS" "TILUWAD"
VAN HEUT9Z" "TJIWANOT
"'STRAAT"
МАКЛЕВАПН "TINONDOK"
Avg. 21 Sept. 2
Ript
apt. 10
Bept. 17 Hopt. 19
Oct. 1
Oct,
10
Och, 12
Oct. 12 Oct.
Búrabala Macassar Singapore,· Djakarta, Palembang
Belawan Bali & Penan Stormper Djakarta, ManDVDLOTRILE,
hari, Tires, cajang, “atants; lininguporaviti – STAMERLINK
Strafrica ma Americaðauki
{. Þ.I. Fakta, singapăreāljemen." Africa surgapore, **Upikerta****gðmaizng,
Surabala Macassar
Japan
-šingapore, Penang di Belawan Deli Djakarta "Tfrohen, B jsemarang,
- Buthbala-a3Micaine. “Kame Bingapore, Djakarta, Kumarang.
Burnbala Blacassar
Зара
Manila, 5 Bingapore, Afsustitue,
B. Africa 8.7*America Singapore, Penang & Belawan Deli Mantis, Bingapore, E. & S., Aftlen Pjakarta, Tiirebus,. Nemarang,
Burabala & Machine Pala Japan uke. að Singapore. Diskarte. Semarang,
Kurabala & Macassar
Japan
Japan
Bingapore, Djakarta. Semarang, Persurabala & Macassar
ARRIVALS
in Port
In Part
Aug. 20 Aug. 29-
Bapt. 3
Bept. 6
Japan
A
From
Maceasor Surabatk Semarang,
Djakarta &-Bingkpäre Anpanm
Machusar, Burabala, Bemarang Majakarta a Bingapore 12-1500 8. Amica, 8. Africa, Mauritius,
Bidors & Manila
Japan zuen.
TEL. 28015/18.
heavily damaged by American KING'S BUILDING, Ground Floor.
CHINESE AGENTS: 82 CONNAUGHT RD, C. TELS. 31100, 28183
nir béimbings during the Japan- ese occupation" of "Halphong,"
STEADY RISE
a
M. Durand-Chastel sald stead re in output was being 1951 was 212,000 tops.
since the total in registered
The Halphong plants, which onen exported nearly 300,000 tons of cement annually, now divert most of the output for needed
projects construction China. andammy purposes in Indo-
Experis now run around only 4,050 tons monthly, “going to Singapore, Hongkong and Japan: The Haiphong plants 'employ 3,000 workers, Forty-three of these are French technicians.
They get just about all they need for production from within cothes from the hills along the Bay of Along, and there is plenty of clay everywhere in this country. Coal comes from the big mines
Indo-Chinn. Limestone
class, up-to-date port for Halat Hong Gay, 30 miles northeast phong
of Haiphong. 'Gypsum'is'' Imi-
But that is dream for the future. He has no idea where so much money could be raised. But
to US 1 he has asked for úld in the form -United Press.
of mechanical equipment from the American Mutud Security Administration.
The Rubber bday Of Pallion aid, tho por:
Markets
Singapore, Aug. 12. Prices of rabber futures closed today as follows:-
Number 1 rubber, per ib.
September
October
November
Number A. rubber.
Beptember
Number 3 rubber,
September ...
Number 4 rubber.
September Kayn Spot rubber, unhaled Blanket crepe...
37-871
07-5754 00%-87
authority"Is spendlig "$5,000,000 plastres annually alone for the dredging of the Cua Cam River. He said the port is receiving 80,000,000 plustres annually from the French Got
Government and no aid for port works has yet been received from the United States. JUICK LOADING
M.
rald 200,000,000 piastres would be necxied just to Put Halphone port back to its pre-war condition within the signext four years. He added that another 225,000,000 plastres are needed to modernise and expand 14- the ports facilities wherever
possible.
70-7635
2015-07 07-60 No. 1 pale crepe........ 106-111 United Press.
NEW YORK MARKET
New York, Aug. 12, Prices of rubber Natures closed 10 to 20 lower sales
The port director said 600 technical workers and '800 to 1,800 other workers, including
stevedores, Haiphont
now work
In
M. Pollier said that because
torquina & connects. The spot of the acute lack of unloading market was extremely quiet and space, ships are required to die. featureless apart from evening-up | charge take on their cargoes in September delivery. Prices as
#d possible. speedliy closed today as follows:- Vessels are charged 11 platres 30.63 bid by the port for each cuble metre
October
September
November
December
January (1053)
February
March
April
May
June
July
August September October November Spot
2042
21.249
28.12
27.20 bid"
37.03 nominal
ported from France-Associated Press,
Cotton Prices
Move Into Higher Ground
New York, Aug. 12. Colton . priete "moved into higher trouda after a two-day decline but met considerable opposition on the upswing!
The market opened "firm and remained above the previous close throughout the day dest pite realising and hedet-selling in the final dealing to
Observers SOW
the advance apart account for from the steading In the other outalde markets. Most traders put the rice
down
wn to technical following
recent
setback from
news
the post-Bureau high of 31.62 center reached by October delivers, on Friday.
The siegdines shown in the face of the more favourable tenir of crop news and
of each ton of cargo for the first tila' 'market slowdown 'caused eight
days they KFC tled dona nominai | Thereafter, the rate goes up, some recent sellers' to cover la
higher. the forenoon. The purchase of M. Paller, as an engineer for around 4,000 bales in October the French railways, directed delivery on opening by a leading work which speedily restored spot bem also turned Monday rallways In Normandy: in ebbing
price tide. Franco, for the use of Ameri can troops in 1944-Associated Press
27.80 bid
27.70 nominal
$7.00
37.40
21.20
1,00
26.00
30.50
United Press.
LONDON MARKET
London, Aug. 12.
Prices of rubber futures closed
today as follows:-
Number 1 rubber.
dry pence per lb.
September
October/December January/March Apri/June
-United Press.
Grain Prices
Advance
Sharp Break
In Wall St.
New York, Aug. 12:
The Government
weekly weather and crop summary was favourable. The market opened up 14 to 30 points. After max
MAERSK LINE
FAST FORTNIGHTLY SERVICE 391
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA VÍS SAN FRANCISCO, LOS ANGELES AND FANAMĄ. NEXT SAILINGS
VH
M.S. "HULDA MAERSK” M.S.
"TREIN’MAERSK"
M.S: "PETER MAERSK”
ARRIVALS FROM U.S.A.
MS. "NICOLINE MAERSK":
M.S. "ANNA MAERSK”
M.S. LEXA MAERSK"
Aug. 16
Aug.
Sept
For Freight and Further Particulars please apply
AGENTS:
JERSEN & CO.
Pedder Building.
Tel. Nos, 30060-9.
Further Decline Expected In Tramp Shipping Rates
· New York, Aug. 12. Worldwide tramp ship rates, at their lowest levels in 18 months; may sink Tower, at least until September, American shipping sources say...
Within the last seven months, these ships, which move large quantities of coal, grain, ore and other commodities over the world's trade routes, have lost two-thirds of their rate gains since the Korean war started.
Seme sources predict the rates; year, 14,070,000 tons of soft may even drop below the pre-cost and 724,000 tons of hard Korean war level before they coal. The figures represent In- rise again. But, tramp ship creases of about 33 per cent and ears and trying hard to hold 15 per cent, respectively, over the present levels. Their chief the first fint of 1951; Shipments this foreign in the last half of tast prices broke 15 to 35 points Tram of coal to Europe, expected early months of this year, and continued heavy "In Autumn
shipping but have been
declining for Capi
the highs, then closed 12 to 27Today, however, points lower. Priete closet to sources say, there are about three several months.
day as follows:
Spol Octobes December
May July
Escomber
March(1953).
A sharp decline in Stock Ek4 October change prices, paced by all and rall, shares, pared nearly. 000,000
$1,000,-
29.10-38.13
shipments
for the last
ships for every cargo. This has sent rates down sharply. For half of this year will depend on
States to "
40.35 nominal
30.34-38.30
33.15-30.23
22.01-37.04
example, recont coal movements from the United
37.30-37.32
33.45 34.20 bid
been
NEW ORLEANS. MARKET- Spot
November
July
valuation. Experts say the decline was largely technical with consider October able prallt taking in those issues March (1933) which död Industrials "Into new May high ground.
Dealings totalled 1,110,000 December Grain futures Joined the shares. Excepting a few wide majority of commodities in a breaks, chander were generally higher trend stemming mostly from the strength of vegetable oils. Wheat closed 4 10 4
Chicago, Aug. 12.
10.79 1050, 000 € 18.30 higher and soybeans were 314 to 5% higher. Prices closed today as follows:
20
100
C. Light (0) 0.05 8.70 1000 ☎ 0.10
·S. Light (N) 1.00 0.50
“Electric: 220,22.40
Whest-price per bushel
Apolari
September
December
March
May
Cart Spot Beptember 1716 1300 @ 17:40 December
Marets of
Macao Eles.
101
Telephone. 13,40 BUNA
INDUSTINALS
· Cèmint' ajra
Tope STORES, ET"
Daly Watson
ord 14.
COTTON
Wo
MISCHI
Yangiszo
400 20.00
2.45916
small.
+
Or 1,111 festes traded,
werd unchained."
advanced, 042 declined and 247
Ostober
30.10 258 37,00 37.28 bid 35.41 bid
Antwerp and Rotterdam have
In Western Europe. coal-producing nations however, Bro making
made at about $4 a ton every cafort to increase output. compared with $10.50 a ton a Even yené ago.
have beon't. Similarly, grains estimates that otak opal
$5.50
EXPOTL 30,000,000
thq - Government for about this year will
resch a ton, compared - "with ||
The dry Shipowners hope. 38-43-300.2010 ton last year,
'COAL SHIPMENTS
cargo chip trip charter Index in There are a qumper of reasons | Jung", "yds 1249 and the time for the declinet American cool charter fadex was 124.07 (July- shipments to Europe, which were December 1947 cquala: 100); heavy, late last year and early Last November they were: 102 this year, bave all but stopped. apd 249.4-Associated Press. Only Weat Germany receiving phon alanincant shipments at present
shipments Con
hhyb 319 Japan
-United Press.
Exchange
Rates
dropped to Budowa was done in the local OSM uneleist exchange moming at the following ratest-harn chenicals sterling note (per £1)
A Boo
LONDON TIN MARKET
Tails lost as much ne
Grain успе. points, Steels
market thithe volume of la · opo-third }
the M
United States U.G. dollar (Der. Så)Locom 10.30pment slightly. Losses in
London Aug. 12. 13.63 89 idly have ended. extended to over a polit In Indonesia: guilders" (per 100) 4.40 crop in Aruentina has cut grain
The tin market was barely 31.00 shipments from the River Plate steady in the Jorenbon under the area to a mere trickle of the inquence of a tenys turnover of And shipments 165 tone of which 25 tons were usual volume. between Brain and Australia for cash. Prices closed at the end of the official moming are reported to be off,
Dupont and
stanysicals { per):190)
In U.S. Ringapore (stralto) Smelting. Some higher-price VIC plastres (per 100) olla lost
widely
lost: 3 but others 1.01-1.03 MA 1.Tats about a point ..
Dow Jones overages « at thei 30 and of the session tool da follows de gran gka godzi
1.01
9.7035
20 Industriala
|-20,- rails
18 utililios
Septem How $10.13.
200 m. Buck.
P40 bonds
11.073
Copra Quotation
New York, Aug $270.14
Copra was quoted today at +10x27;| 9130 per short ton,-nominal. 60.77 || Cocoanut oll --- was, quoted, at-÷0 DATA/98.70 | genta a pound, asked,--United United Fresn. Press
In the Bret half of this .20.410 000 stönä"ór touli were! shipped abroad, the Government reported? Thût Wis on Hiervast of 10 per cent over the first half of 1951 Western Europe," got 'mast, of the coal : shipped this
session d't follow Spot: Bure
pot in, seller
.“ Business done at
Three-months Gin, buge Three-montha ting welk Business dong at Bettlement
માં