I
THE CHINA MAIL, THURSDAY, AUGUST 21, 1952.
MESSAGERIES MARITIMES Thailand-Japan Canadian Wages Major
MM
"TAUKUS"
*GRENOBLE”
LA MARSEILLAISE”
"FALAISE
Arriving
Aug. 24 Rept. Sept. 15
Leaving
Aug. 23 Heb. 9
Outward For
algonal bang
Japan
+
1. Hept.
13
Sept. 10 Rept. 24
Yokohama & Kobe Japan
+COURSEULLES... pt. 10
LA MARSEILLAISE". Sep. 20
· For passenger and freight.
Sept. 11 sept, 27
Homeward For
k. Atsion & Eurtph
Aturgiiles via Baigon
1 For freight to Saigon, Algiers, Oran, Tangler, Casablańcă, Havre
Dunkirk, Antwerp & Rotterdam,
Accepting cargo:
-via Marseilles to pil Mediterrancan & West Africa Ports. - Djibouti to Madagascar.
Subject to change without Notice.
CIE DES MESSAGERIES MARITIMES
P.Ö. Box 53, Hongkong
Queen's Bullding (gr. floor)
EVERETTE
Tel. 26661 (3 lines).
LINES
EVERETT ORIENT LINE Fast cargo and passengers service refrigeration space available for Korea, Japan, China, Philippines, Indo-China, Slám, Malaya, Burman and East Coast Indian Ports.
"NOREVERETT"
Arrives Bails
Sept, 3 from Singapore. Sept. 4 for Japan.
"REBEVERETT"
Arrives Sept. 10 from Manila. Sails
for Singapore, Penang, Sept. 11
Rangoon & Calcutta.
(Accepting carzo for transhipment Kobe/Fusan and Kobe/Okinawa)
EVERETT STAR LINE
Fast cargo and refrigeration spaces available for Korea, Japan, China, Philippines, Inde. China, Stam, Malaya, Ceylon, West Coast Indian and Persian Gulf Ports. FIRST CLASS PASSENGER ACCOMMODATION M.S. "STAR ALCYONE" Arrives Aug. 22 from Japan.
M.S. "STAR ARCTURUS”
Arrives
Sally
Aug. 22 from Singapore
Aug. 23 for Moji, Kobe, Osaka, Nagoya, Yokohama &
M.S. "THAI"
Arrives Seits
Sept.
Sept, 5
Shimizu,
from Japan,
hus
for Singapore, Port Swetten-
Madras,
Colombo, Bombay, Karachi, Basrah & Kharramshahr,
(Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A Queen's "Building, Telephone-31206. Chinese Department: Telephono 28293.
Decline In NEW YORK
NY Cotton
Market
New York, Aug. 20.
Colton market bulis remained
FOREIGN EXCHANGES
on the defensive. Prices made a Laglond--omeial faltering start and continued to
butk down Irregularly up to the eltise,
covering
New York Aug. 20.
US$1.04
2.704 2.52 Bid-
2.35 asked 2.77% 2.75% 2.232
West Germany
Enough
by 'day traders and scule-down trade pelglan
10 enable | Denmark demand appeared prices to settle back in an order-France ly way. Selling orders coming reiland frum Wall Street commission Italy houses, New Orleans operators Norway and local professionals were not Portugal
Spain aggressive but their effect was accentuated by the
Switzerland pause in trade demand.
Egypt Domestic mlits and exporters tran were satisfied to pick up con-Iraq
Turkey tracts on the scaie-down. One leading commission house was Argentina nald to be the seller of 10,000 Brazil. bales spread across the board in Bolivia different positions. Usually ac-
Barter Pact
Bangkok, Aug. 20, The Director of Foreign Trade revealed today, that the Thai-Japanese negotia-. tions
Bangkok in
neating completion,
arc
Thiere would be a barter for th ében ugretmeili
account of US$35,000,000, export 01
Thalland
wit1
US$35,000,000
worth
goods #tid triboi 1116 same value from Japan-France- Presse.
Attraction For British Immigrants
Toronto.
The rising earnings of the average Canadian factory worker have Just passed the equivalent of £1,000 per year.
Post-war demands by unions have raised industrial wages to more than 250 per cent of the 1939 level and nearly 200 per cent of the 1945 Increases ünder escalator Organised labour now largely enjoys automatic clauses designed to shelter the worker against each rise in the cost-of-living index.
Japan & figure. Formosa Trade
Tokyo, Aug. 20. The Japan-China Econo mic Co-operation Promotion Committee, tential organ designed to bring about closer economic les with Nationalist China and its merchants in Southeast Asin,
came into existence today.
The inaugural meeting was attended by many of Japan's financial tho
top
economic and 1:adera who sponsored committee and Nationallst Chun who is ott a tour of h spection here.
the former Premier Chant
British Car
During the past twelve months Firms' Bid
The operation of these es-electric kettles, do have a car in calators coupled with the rising the garage, 68 have a pressure exchange value of the Canadian cooker, 50 have an electric range electric food dollar has this month brought and 30 have an the average factory worker's mixer. earnings to £1,040 per year,
Outatripping
the industrial average, annual earnings in the making Industry now paper
£1,275; in coal-thining £1,000; in primary irth and steel £1,100: In motor manufacturing £1,100 and in the all industry £1,810.
average
Even that beggar in the labour market, the farm hand, now earns between us and 51st day without board, according to hla job.
the average Canadian
mi,
woman and child tach ate 01 lbs of pork products, B1 lbs of beet, 23 lbs of poultry and 22 lbs 6 other meals, 270 egas, 23 lbs of butter and 8 lbs of margarine 107 lbs of sugar, and ample other foods, with only tea and potatoes the British cof- falling below sumption levels.
The average Canadian over 20
For Market
In Canada
London, Aug. 20. Brilish car firms are mak- These wages coupled with the seals of the spent £28 10s of ing a stronger-than-over
alcohol last year. This was opportunities offered by Catiada are attracting many British im- mostly home-consumed, as there bld in the Canadian mar-
ket. are few beer parlours and fewer migrants: especially single men cocktail bars except in the larger
य Exports have risen from who feel free to take
the cities. Signiflcant of transatlantic plurige, and skilled incefie,
His rising monthly average of under 2,300 his consumption of last year
to Just over 2,800 men capable of filing the open-splits went up 15 bek cent last 18 the second quartet bl this ms in Canada's fast-expanding year, while he drank. 2 per cent year ings electronics, petro-chemical arms industries.
Production line methods have
and
less beer.
AVERAGE SPENDING
simplified many manufacturing Association,
The committee, set up through the good offices of the Idpan.
Economic Chipa
to join hands with the seeks
China-Japan newly-established Cultural, and Economic Society in Formosa, headed by Chand Chun.
Prominent gures who spon- sored the committee included such lending
proces
chon to a acties of
The drive continues, with an extra spurt this month to coin- cide with the Canadian National Exhibition at Toronto from August 22
to September 0. Two top
executives of the British
motor
are industry the Atlantic specially crossing to give the British section at the exhibition an added boost,
Half the smokers roll their single oft-repeated operations, I own cigarettes, owing to the so even a man with no appren high Canadian tobacco tak; others ticed skill can Food carn the | přelétred anuggled and cheaper average industrial wage here.
American cigarettes. Last year the average adult Canadian HIGHEST EARNER
shoked 1,800 tallorable This average Man at the Bench
cigarettes, 1,580 home-rolled and a total cost of husincemen
making a four-figure slefling th- 338 "mu 1s
"smugs" ot Ichiro Ishilawa, President of come has become the aristocrat £ 15:
of the Canadian Inbour force, Japan's most influential Federa
In 1951 the average Canadian He out-carns the average office family of man, tion of Economic Organisations,
wife and two Allchiro Fujoyama, President of clerk, shop assistant, real estate
children spent £355 on food; 2171 the Japan Chamber of Commerce sahesinan, civil servont and ens
on clothing; £160 0:1 household and Industry,
Shora tertiller, did nearly matches
operation, such as
Mr Cooke will be staying on Ambassador to the basic pay of a captain in the heat, light and mortgage Murata, former
£130
in Carlidh for a thright to the Philippines,
on furniture, household
ap-meet modérii Broom
Government men and jewellery and car pliances,
heads of he Canadian motor labour-saving house, he enjoys operation; £85 on medical and
trode. luxuries undreamt of by Lon- don's pre-war City Man living funeral expenses; and £142 on
and
At the inaugural meeting Kenji Kodama, President of the Alo Bank. and Shin-- Hori, Chairman of the Board of Direc- tors of the Kansal Electric Power Company, were elected chairman and vice-chairman of the cam- mittée, respectively.
RED CHINA TRADE
Meanwhile, Generál Chang Chun, in a conference with the Japan-China Economic Associa- tion, stressed:
1. It would be erroneous for Jupan to entertain undtte hopes for trade with Fed Chind, because Red Chinn does not in- tend to export key materials to Japan and its trade polley.is always liked with political implications;
2. Japan,
therefore, should try for doser economie relations with Chinese Merchants Iri Southeast Asia;
on the tablebut in those days church
even more commanding-income in some Green Belt dormitory town.
R. Gresham Cole, director of the Society of Motor Mand- facturers and Tradera, the in- dustry's national organization, ia Toronto for the opening with A. B. Waring, Vie-President and Chairman of Joseph Lucas Industries L'd.
His netary includes Mod-
Twenty-two British Arms wil
Toronto, represent- exhibit at ing the full tange of British- model cars.-London Express Service.
newspapers and
and welfare treat and Ottawa,
He does not expect to travel and miscellaneous west to Brush Columbia. items. If both their children houses on his were under 10, they would have of each 100 average. Canadian street, 16 have received in Baby Bonus nearly been built since the war; 81 are double their income-tax payment
£32 10s. of £3 owner-occupied, probably under
clblics and a 20-year 44 per cent mortgage: Bome of their
durable consumer goods would 95 conlain a wireless
Act; 4
have been bought on hire pur- thechanical
refrigerator chase, explaining the apparent have
dectric Vacuum cleaner in
ner overspending. and 43 have a car in the garage. While all are heated, 78 par cent are centrally heated to a worm 70 degrees in winter by hot air from an oil or coal burn
A
48 have
ing furnace.
REMARKABLE FEAT
42
|
Of all urban and rural homes across Canada, 88 per cent now have electricity and 74 per cent have piped water supply.
The cost and difficulty of Nationallat providing these services are re-
8, Japan and China could trade millions of dollars' worth of goods a year, if efforts were made toward this
markable when it is remembered that Cadgda's population equdia that of Greater Landof bit is scattered across a country thirty- end;
the size of Great eight times 4. Close Chitta-Japan-United Britain. States economic relations should
The be maintained.
Mr Su I-cheng, secretory to à prominent Chinese businessman, Hu Wen-hu, visiting Japan, pro- posed the despatch of a Japanese inspection mission to Singapure. Mr Hu has offered support and old for Southeast Asians trip by 100 Japanese France-Presse,
Grain
businessmen,
Prices
In Chicago
Chicago, Aug. 20. Chicago Bralys Jalined the major eterichodities in a lower 1tend. Grains reatied to the low export demand plus im- proved crap and weather news and the expected large Canadian Wheat costa crop this year.
wife of this average worker has a battery of perhaps as 20 electrical ap- as many pllances to ease her housework and to provide her with a standard of living often described
gracious.
The fractional - horsepower electric motor is probably the only dally help the can got, even if she could afford the 38s plus bus fare
fare demanded by the rare
Recent
eight-hour charwoman ts
which scours
the
This is the picture,, based on fets extracted from last year's census and other sources, which is furing adventurous and able Britons to Canada, In spite of the fact that the average im- taas with a capital migrant ettshjont of less than £300, and would not be permitted to export much more If he had it;
The Rubber
Markets
HONGKONG SHARE MARKET
(From Our Correipändent); Business done on the Stockt Estelinhke this morning amolirited tor $149,310. Noon quotations and the morning's transactions:- SHARËS DUYERS SÉLÌÈNS SALES
BANKS
IK Bank Eist Azla
INSURANCES
Vilon
1420
HK Fire...
Asia Nav. 1.06
ETC. DOCHBA
N. Pf. Dock
London, Aug. 20. The rubber market whs
Prices closed SIPPING steadier today. today as follows Humbet i rubber, in pehee
per ib. september Dalober/December January/March April/June
NEW YORK MARKËT
2012-16 20-10 2321-20
Provident
1314.30
S'hal Deck
United Press.
Whetlock
1.30 424
LAND, ETC.
211 Hotel
HK Land (0) 48
Shai Land
1.56
Humphreys
to
10
UTILITIES
Tram XD
P Tram (0)
F. Tram
10.00
130
in
New York, Aug. “23, electronics have introduced the
electric
Prices of rubber futures closed rė- self-defrosting
today 15 points lower automatically points higher with sales totalling frigerator;
slopping electric starling and cooking range; the dishwasher 2 contracts. Switching opera- tions and evening-up in Septem- and rinses the dishes with warm water, then ber delivery featured quiet trade steams them before switching with dealers reporting dormant hing factory interest in the outside washing itself off, the clothes machine which spin-dries the market. Prices closed today as
follows: when it is clean, and September Inundry then switches itself off; and, of October
the electric clock which November December switches on the coffee percolator, Pensis) then a few minutes later turn February
Canada
unofficial
30-day futures
-day futures
Australia New Zealand South Africa
2,70
2.70
01985% 1458 .0028-0/16
420
2007
.0016
.1403
,0370
Sweden,
.0035
continued
MIDDLE EAST
2331
2.00%
2.70€
3375
LATIN AMERICA
,0040
.0500
.0005
.COMS
.00
.1103
.0014
Wheat price per buthel
STDO
Spot
2,30
2003
Sepitfiber
FAR EAST
2002
May
1,43%-{k 2.4376
2030
.1763
3016
.3293
360 yen to US$1
United Press.
Corn Spot September December
March May
1.0d
1.7412
1.76-1,7855
1.7016-
Rya
Columbia
lower. Prices deptember
Spot
4.0144
Nelion
3.07
Osta
Spot
September
New
Chile
Colombia
curate ring observers surmised čuba that this Belling represented | Maxico liquidation of old long positions.
The hesitancy among recent buyers was coupled with
Peru Uruguay Venezuela
the India
in
Japan
prospects of cooler temperatures Pakistan with some rain in Texas and Hongkong Indonesia Oklahoma; the pause in textile gingaror market aclivity; the dullness export demand and the impend- In harvesting ing expansion eperations and a possibility that 20 to 28 points
volume of hedging.
the market may be called upon closed. today as follower shortly to absorb an increased Spot
October December March (1953) report May placing domestic consumption of July
bales WGB October
The Census
Bureau
cotton at 802,594
Flightly better than expected, and December
compared with 695,085 bales NEW ORLEANS used in June and 700,072 bales spot consumed in July last year. The October constienption for 1981-52 teason December totalled 9,139,400 bales compared March: (1953).
May with 19,054,410 balen a ptor tyTỢI JUIS
October
The market opened of 2 higher December to 12 points dower. It clored at /
30.70 nominal 36.51-5.51 30.30-38.41
30.30 36.11 37.53-37.66 54.60 bid 25.42 bid United Press, MARKET 30.00 30.40-38.83 25.51430.42
bid
sa.on
37.53 bid
38.04 114
33:30 614
United Press.
4 to 1 lower and soybeans were
1 to 2 tower. Prices closed-to- day as follow
December
March
on the wireless to wake the March
household up to music-doing this in winter after the pre-set ühe Euty thermostat has raised the au
***.) August 1.35-1.3714 tomatically heated house tem Beptember
perature from the notturnal 80 Deter degrees to the day-line 70 November against the sub-zero temperature outside the double windows.
In the homes of the 7,000 Inhabitants of the
Brish
town mining
of can be found typical Living standards, hot the overall average by the backward sart Yok four-per, 200 to. distrjets in Quebec Province and
Back, #12-United Prest.
rought down re fre
by.
frontler
now. farmlands.
TIFICAL STANDARDS.
Spot
30.00 bid
30.07
29.54 novina!
28.00 bid
3.36 homthet 28.00
27.10 bid"
1.36 nominal
14
28.00 25.30 bid
„United Press.
LONDON TIN
MARKET
London, Aug. 20. The in market was steady hat inactive with turnover of only Dve tune for forward' positiefts,
Tung. Oil In NY Of each 100 houses in Nelson, Frieps closed, today at the end
all have a telephone, all have of tu antal
oficial, mothing session
New
Aug. 20.4 hợtwater héátét, 19 finve ați - de
diccitle Iteis lind Salm have anot electric frohing chine for
Prices in the seeds and oils maritet cloned unchanged with the following exception
Turse oil, in tank cars, F.O.E. Now York, per lb, 33-88 cents, -Units FromK
inta dal finch, 89 have en respon electric toaster, 80 have dikhrel mail Us FellsE
Battlement electric vacuum cleaner, 80, have uses dona at an electric refrigeratőr, 72 havo]
·C, Light C. Light
#100 @ 18.00
0.05 3.95 1000 @ 3.97 Featri 22.40 21.00 300 0 22.00 500 @ 2215 Macao Elec.
19.40 200 @ 175% Telophone INDUSTRIALS
Cement..... 1735 100 200 15 1000 @ 17.60
Поре STORES. ETC.
Dairy
Wation R
Crawford
18.90 19.18
MISCELLANEOUS Jntertainment
21
200 & 14.90
Exchange Rates
Bualnets
Puge
ROYAL INTEROCEAN LINES
"VAN BRUTSE" "TUWANGI"
**THBANTSET"
*TJIMENTENG" -TJILUVAK"
"VAN BEUTRZ"
"TJIBADANE" "TJIKAMPEK" #TWANGY*
SAILINGS
Aug. 21
To
Singapore, DJMAZA, RaliiBang-
Juviawan, koji,& Palat
Alagapore. Dakarta, Bemarang,
Kurabalahíacassar
Згорад
bjakarta. Tilraun. Remarang
BAFABKIN státaidse
Japsh
Mattila, Bingapore. Minurilliú,
§7 Atries & is Amarlen i Stand, Blgapore, E. & S. Africa · singapore. Djakarta. SOMARDI
nutakala & Macassar
Japan
Singapore, Penang & Belawan Dall Semarang. Jakarta,
Thirebon, Botilal & IRCARNAT Ringopate, Da Boulakang,
bátanna #'stdekuili
Art. 1
Hept,'
"TJIPONDOR"
Rept.
MAKASSAR
"BOIBSKVAIN”
Berl. Sept.
Rept.
12
dept. 16
Bapt. 17 Ret. Appt. 23
OEL.
MAKABSAR"
"VAN HEUTSZ.“
Oct.
ItÏANTSÆT
Oct.
"TJIDODAS"
Oct.
“TJÍJADANĄ TILUWAI
"TJIPANAS” "NUVA "TRIWANGI”
thet,
Bet,
Oct. Nov.
17
Japan
Nov.
"TABMAN"
TJIPANAS"
TJIBADANE"
Nov. Nov. 5
Nov. D
.
VÁN KH "TSIWANGE “TJÍNANTJET
HETHAAT
MAKASSAR"
**TTONDOR"
"BOIRSEVAIN"
Japit
Maniin,
• Blagaporn.
Mauritius
B. Africa & S. America Singapore, Penang & Belawan boil Matill, fikfavery, E. & B♫ Atilla Djakatt
Tizebon,
Heluraus,
surabila a tacassar
Гарая
Singapore, DJakarta. Kotharans,
"Burabila & Maellar
Japan
отдароге. Djakarta.
"Burabata, a Macassar |
Устагаль
Singapore, Fenang & Delawan Doll DJÁKAFLA G&mataDE; Buradals
MERCATSU
Midgapore, Matieitipi, 8. Aftles &
St. Anserica
ARRIVALS
In Port- Aup. ET Aept.
. sept.
Sept.
Sept.
Japan
From
svtilemisar. Rurabaja,
►
Djakarta & Singepera Indsheilan Porta
Semarang.
8. Amsṛlea, ́B. Africa, Mauritius,
Singapore & Manila
Jatid
Japan
KING'S BUILDING, Ground Floor,
TEL. 28015/18
CHINESE AGENTS! 82 CONNAUGHT RD. C. TELS, 31100, 20198
MAERSK LINE
FAST FORTNIGHTLY BERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA vís BAN FRANCISCO, LOS ANGELES AND PANAMA. NEXT SAILINGS
M.S. TREIN MAERSK” M.S. "PETER MAERSK❞ M.S. "NICOLINE MAERSK"
M.S.
ARRIVALS FROM U.S.A. NICOLINE MAERSK”
MS. "ANNA MAÉRSK" M.S. "LEXA MAERSK”
Sept.
27 Sept. 15
Oct.
2
Aug. 26
Sept. 10
Oct. 2
For Freight and Further Particulars plénsé apply to lase
AGENTS:
JEBSEN
Pedder Building.
& CO.
Tel. Nos, 86086-9.
Crops Canada's
Damage To Offset By
Wheat Prospects.
Washington, Aug. 20.
Damage to crops in the United States from estimated thus far at about the drought, $1,250,000,000 has been offset in Canada by gozd growing weather for grains and expectation of an all-time record of wheat crop.
Large wheat crops in both the United States and Canada will reduce the repercussions of the U.S. drought on international commerce.
industry. In Mexico, no extraordinary, affect the livestock
The hay crop this year prob- drought situation had been trẻ- ported but there has been un- ably was less than 100,000,000 than usual dryness in the Laguna tons, about 0,000,000 less
last year.
arca.
In
7
The drought situation Texas and Oklahoma is getting arcas worse and the Mexican
ap
President Truman on August
mado disaster rellet plicable to the States of Ken- tucky and
with Tennessee $3,000,000 in emergency funds to be used chiefly for transpor Icas
tation
from of hay
other pro-States to save cattle,
in the Rio Grande reglen may be affected. The Mexican cot
this ion crop Umated at 225,000 bales than the 1,150,000 bates
ycar
was
duction last year, partly due to the dryness in the planting credit period but also to the restrictions.
Various credit ald and other assistance measures are being States applled in nine other which must be affected by the
an
the
cam
A report to the US Agricul- drought.
Canada ture Department from
The sovere drought in the
frade that the. weather Southeasterh. U.S. today sald had been flue for all grain extraordinary Impact nn crops. Wheat will reach an all-national consciousness partly ume record of about 850,000,- because of the political 000 bushels, compared to the paigns and partly because of 1928 record of 800,000,000. fears that may cause a fur-
ther riso in the cost of living, The other Canadian grain es 11te Ideal
The emergency assistance / Aven was done in
timates were: bats exchange market
480,000,000 to
farmers might help tho Thorning it the following rates: Bushels; batley 205,000,000 and Democratic Party in the South- 1.9. dollar (Der $1)
26,000,000, 7
erh Stales but would have Despite the drought damage Tittle effect on the nationwide to maize
the election
results,
as the South Untied
Slater, the Agriculture
tra Slabs are usually count U.S. Department estimated the
ed as certainly. Democratie. plus total wheat crop (Winter
The Agriculture and Com Spring) this year at 1,290,000-merce Departments claim that 000 bustiels against, total pro the drought is not likely to duction in 1901 of 087,474,000 have a serious inflation affect bushels and, a ten-year average on the cost of living. of 1,004,804,000 bushels,
··LÍVESTOCK ÁFFECTED S buying
114
Stething note, sper, &11 Indones Suiders (per 100) Siam flcate (per 100)
$6.00 5420
Singeper (Btraits),
F10 plimren (per 100)
Copra Quotation
Now,
York, Aug. 20. Cobra was quoted today at $130 por short ton, nominal. Reports of European helped to Arm prices. On cocoa- nut oll, mills rained spot offers 16 94 cents a pound United ProAS.
colton in and
Despite the drought-indige." the total crop production in the U.S. this year is likely to fo
The drought also affected the third largest in history, the hay crop in the South- exceeded only in 1043 eastern U.S. which in turn will | 1949. —United Press.