Pakistan: ROYAL INTEROCEAN LINES
F
THE CHINA MAIL, TUESDAY, SEPTEMBER 9, 1952,
MESSAGERIES MARITIMES Communications In Pakistan:
MM
. Arriving
*“LA MARSEILLAISE” ..sept. 10
"FALAISE”
Sept. 19
+"COURSEULLES”
*"LA MARSEILLAISE" ..Sept. 27
"GRENOBLE"
FALAISE"
•
Leaving
Sept. 17
Outward for
Yokohama & Robe
Japan
Homeward For
...Bept. 13
Sept. 13
.......Oct.
Oct.
*
Sept. 28 Oct.
N. Africa & Europe Atarsellies via Balgon N. Africa & Europe Oct. 27 N. Africa & Europe
For passenger and freight.
+ For freight to Saigon, Alexandria, Genoa, Algiers, Oran, Tangier, Casablancs, Havre, Dunkirk, Antwerp & notterdam. Accepting cargo:
via Marseilles to all Mediterranean-& West Africa Ports. -vla Djibouti to Madagascar,
Bubject To Change Without Notice.
CIE DES MESSAGERIES MARITIMES
P.O. Box 53, Hongkong
Queen'a Building (gr. floor)
EVERETT
EVERETT
Tel. 26651 (8 lines).
E
LINES
ORIENT LINE
Fast cargo and passengers service refrigeration space available for Korca, Japan, China, Philippines, Indo-China, Siam, Malaya, Burma and East Coast Indian Ports.
"REBEVERETT"
Arrives Sept. 11 from Manila. Sails
Sept. 12 for Singapore, Penang,
Rangoon & Culcutta.
►
"LENEVERETT”
Arrives Sept. 29 from Singapore.
Sails Sept. 24 for Kobe & Yokohama,
(Accepting cargo for transhipment Robe/Pusan and Kobe/Okinawa)
EVERETT STAR LINE
Fast cargo and refrigeration spaces available for Korea, Japan, China, Philippines, Indo- China, Slam, Malaya, Ceylon, West Coast Indian and Persian Gulf Ports.
FIRST CLASS PASSENGER ACCOMMODATION
M.S. "STAR BETELGEUSE”
Arrives Sept. 11 from Singapore Sails Sept. 12 for Kobe,
Nagoya, Shimizu
Yokohama,
M.S. "STAR ARCTURUS”
Arrives Sept. 17 Salla
Sept. 18
Osaka, &
from Japan. for Singapore, Port Swettenham, Madras, Colombo, Bombay, Kara- chi, Kharramshahr & Basrah.
(Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawn)
_EVERETT STEAMSHIP_CORPORATION_S/A_ Queen's Building, Tolephono 31206. Chinese Department: Telephone 28293.
COTTON
CROP FORECAST
Washington, Sept. 8. The Agriculture Department today forecast a 3552 cotton crop of 13,880,000 bales, which is down six per cent from last month's estimate,
Trade Fair In Intense Development
Seattle
Seatle, Sept. 8. Bayers from all over the United States
and many
from Canada are swarming to Seattle to sen an exhibi- tion of products, Including thono from
Hongkong Japan, Thailand.
Korea, Indonesia, the Philippines, Indla and Formosa.
'The total value of cul- toral and commercial ex- hibits on display Is estimated at $1,000,000- United PreSA.
External Trade Of Sarawak Improves
1951
Kuching, Sept. 8. The aggregate value of Sarawak's external trade in was $228,000,000 greater than that of 1950, according to the Colony's annual report just publish- ed.
Since
Partition
Karachi.
Considerable progress has been made in the development of Pakistan's communications system since the Partition of India five years ago.
The communications system in the Indian Empire had been built on the basis of the needs of the entire sub-Continent, and it was thrown out of gear when Partition was effected. That part of it inherited by Pakis- tan was inadequate to meet the needs of the newly-born State.
&
After five years, however, confusion has given way to stability and the teething problems of building up huge communications organisation have been successfully tackled one by one.
The following survey, prepared by the Pakistan Information Omec, gives some idea of the ex- tent of the progress that has been made in each of the main branches of the communications system.
-
an Index to the economie activity in West Pakistan,
Since 1947-48 the amount handled has risen from 1,284,000 tons to 3,777,000 tons in 1951-52. Over the same period, revenue of the port has risen from Rs, 12mm. to Rs.20.21.
CHITTAGONG PORT
of
comprise Pakistan Railways two separate systems, the North Western
West Railway in
East Pakistan is now virtually Pakistan, and the Eastern Bengal Independent of the part
Calcutta for its export and im- Railway in East Pakistan.
With over 7,000 miles of truck port trade. This has been made and about 150,000 persons on the employment register, the rail-ssible by the development of
the Chittagong
port ways constitute the biggest in establishment of a new pork at dustrial undertaking in Pakistan. China.
means of
In 1948 Chittagong port had They are the largest communication catering for the
for four nects of over 70m, people living letty accommodation
ships only and could handle
and
that there an area of over 300,000 square about half a million tons of
The
report said was a favourable trade balance of $84,000,000.
in an miles.
ol
and
Today the traffic per annum. port can handle 15 ships at a time and can deal with over 2m. tons
The per year.
plans for the development i of Chittagong port have been unmediate
long term. The im cyclones in East Pakistan, and on the other to contend with inde-mediate plan has been completed finite and short supplies of coal and the execution of the long- term plan has begun. With tho and essential stores and equip completion of the long-term plan ment. Those odds were all over-
the come, and the railways have been making steady progress in all directions.
Apart from the dimeulties of obtaining rolling stock and track It added that the most notable materials aggravated by Parti- features of Carawak's production tion, the railways on the one figures during 1051 were the in-hand have had to face such un- calamities as crease of nearly 25 per cent in foreseen natural the volume of pepper exports, floods in West Pakistan and divided into two stages, im-
The main source of income during the year were customs dulles which reached a record figure and comprised approxi- mately three-quarters of the total revenue of the Colony. The estimated figure was $36, 150,205 including excise duties of $814,000.
tha for
that The report said greatly increased demand consumer goods reflected a gen. eral increase in wealth of pea- sant producers.
for
more lucrative elsewhere.--Reuter.
the
were and
BEING MODERNISED Traffic receipts have rleen from Rs.152.5m. in 1947-48 to over Rs.400.3m. in 1951-52. Over the same period, net loss on working of almost Rs.8.7m. has profit of been converted into over Rs.7.5m. Passenger miles covered have risen from about 4,002m. In 1948 to over 3,997m.
Railways
in 1951.
Pakistan
of
23
The Rubber New York Stockmunications
Markets
Exchange
will be able to handle port
tons of approximately 3.08m.
cargo a year.
The new port at Chaina can handle half a million tons of
cargo a year.
HONGKONG
SHARE MARKET
[From Our Correspondent)'
There was a sharp increase in activity on the Stock Ex- this morning when change business - totalled $781,551,20. Noon quotations and the morning's transactions;---
SHARES BUYERS BELLERS BALES BANKS
KK Bank Eart Aalo...
INSURANCES
Union. SHIPPING
1435
1250143
705
2006 703
Aarde, Nav. XI 1.45
DOCKE, ETC.
K. Whart
N. P. Whart Dock
Provident Shal Dock. Wheelock
HK Hotel
LAND, ETC.
位
B.TO
20
000 € 20
13.90
ik Land (0) 5ãý
IIK "Land (N) 48131.30
"Bhai Land”.
Humphreys 12.80
UTILITIES
099 COSES
2500 # 10.10
Tram XD. 19.10 19.30 1000 10.
1009 & 10.10
107
9.15
Star Ferry C. Light (0) 9.10 9.20 3700
1000 5 9.15
C. Light (N) 6.15 8.20 Electr XD 23.30 221) 2000 @ 22.40 Macso
Mec. 10.30 10.00 Telephons 17.00 17.30 17.30 1735 12.70
INDUSTRIALS
Cement Rope STORES, ETC,
209 a 19 D
10.30.10.40 800 46 19.30
IMPROVING ROADS Along with Tailways, roads constitute the principal means of cornmunication in West Pakistan, while in East Pakistan, inland function waterways share this with roads. With the partition of the sub-Continent, roads suffered
2.10 are a comparative neglect during the first few усать, Lack of personnel, equipment and funds constituted the obstacles in the roads development programme. Pakistan has about 59,000 miles
s
fand.
and/
NEW ROADS
The
the
Dairy
3000 19.50 Watson, 2749 27.00 230 € 27.40 L. Crawford 20.20 COTTONS
Ewo
200 @ 10
NY Cotton
Prices Skyrocket
LABOUR SHORTAGE Considerable fortunes made by middle-men dealers in export products.
There was a general demand jor labour which was totally gradually being dinselised. When inadequate
Colony's the plan is completed, they will requirements and the earnings become Independent of coal, and of skilled and unskilled labour the public will have better and remained at levels more than faster services. twice as high as those obtained For the East Bengal Railway, of roads of all categories.
The first step taken towards in 1940.
the supply of 69 diesel-electric
of the road This general prosperity caused locomotives was sanctioned in the improvement serious handicaps to the Govern-1051-52. Of these, it have been system was the creation in 1049 ment's development programme ordered, and all are expected to of a central road fund constituted through the extreme shortage of be delivered by September. 1954. out of a 23 anuas Excise mid
Out labour.
Customs Duty on petrol. diesel-electric
fund is administered by for the The maintenance of ordinary locomotives san
sanctioned
"New York, Sept. 8.~*~ Government services was also North Western Railway in 1958- Central Government.
Fifteen per cent of it is spent prejudiced by difficulties of 51, 14 passenger locomotives have
In the busiest day on a Mon- For 1951-by the Central Government on recruitment and by the resigna- so far been received.
reh day in over a year prices sky- research tion of persons able to find 52. further 19 were sanctioned, administration
a
while the remainder
is dis- rocketed as much as $5.99 a bala and hedging. employment and 18 more for 1952-53.
tributed among
the Provinces before realising POSTS & TELEGRAPHS Now that Pakistan has entered and States in proportion to their curbed the rise.
It was the sharpest day's gala the era of economic development, arca, population, petrol consump for any pession since November
road the need for better telecomtic and expenditure on
20. evident.
maintenance. Over Rs.18m. has A
Bullish sentiment was fired by been allocated to the development programme costing so far
the unexpectedly low Govern- about Rs.90m. has been lacluded Provinces and States out of the
ment crop celimate. The figure in the country's Six-Year Plan,
of 13,899,000 balea as of Septem while a two-year Priority Pro-
ber i came nearly 850,000 bales The Central Road Fund, how under the previous official re- New York, Sept. 8.
about Rs.25m. is gramme, costing
ever, was found inadequate for Stock Exchange prices last already in hand. $500,000,000 in value losses in At the time of Partition, ail the needs of the country and the port and around 500,000 bales
under the average expectations. communications of Governinent called a conference rails ranging to over two points. external
It was not only small but the to additional fear arose that the Copper stocks were also hard Pakistan went through Bombay of chief engineers in 1951
for hit. Anaconda fell 2%, Kenncolt and
be no direct
was Analise the six-year plan Access
стор oad development,
on the low grado may For the Jast 216
market
to the outside world. road as navaitable
alde this year, wholly
The outcome of this and other the
tisticians said the chances changes were There was an under-water cable
in seen
the Karachi conferences. is from small, Dealings communication
for a tight supply situation later provision of Rs.50m. for roads in in the season are looming larger. fotalled 170,000 shares. Of 1,110 to the Persian Gulf working pre Central Budget for the year
The issues traded. 254 advanced, under Coble and
calculator, using Wireless, of
Ono 1952-53.
Inkiication plus provinces under- 509 declined and 292 were un- London.
present crop This cable had been took to raise an equal sum. This imports and carry-over, figured changed. Oll losses ranged €214-0356
to cut during the war and was not
addition Partition over
to the the supply at close to 10,600,000 3.
in amount is in realorad El after
provisions made by the provinces balese Dow Jones averages at the October, 1947.
be for the construction of provincial session stood end of the
The market opening prices A windless circuit iad to
district and highways,
rural follows:-
Landon in established
with
were 5 to 10 points up and the $275.67
tal prices were up 39 to 81 This one link roads, October, 1948. 101.31
considered inadequate The Provinces have pressed points. was also
Prices
closed today aa 60.94 and direct international circuits forward in constructing new 88.04 with the Middle East, Europe and roads. Punjab has constructed follows:
America established.
about 450 miles of hard-surface Spot
October etreuits are road, East Bengal has taken in Direct telegraph
rond November
March London, hand a huge programme of road now in operation with
about May New
construction York
costing (via Tangiers); Other Provinces have Jur Teheran and Moscow. Direct circuits with London and New also embarked on development gelber
In 1950-51 alone provide links York
with programmes. countries and America the Provinces spent Rs.00,810,892 Extension of on construction and maintenance telegraphic connections has been of roads. a pound. planned for China,
Czocho-
Singapore, Sept. &
Prices of rubber futures closed today as follows
Number 1 rubber, per 15.
ölale
November
December Number 2 rubber,
October Number 3 rubber.
October
The September 1 forecast Number 4 rubber,
Ortuber...****** with the 14,735,000-
Spot rubber, unbaled
compares
bale crop in prospect last month, | insaket crepe the 1851 output of 15,144,000 No. 1 pale crepo bales and the 10-year average production of 11,775,000 bales.
The
Department said that losses during
the
month In
Texas and Cidahoma
and the
7036-6 706-7 70%-Th
7016-71
06-00
70-715 50.01 104-109
-United Press.
NEW YORK MARKET
New York, Sept, G.
futures Priecs
rubber of south-east more than offset in- closed today 40 to 55 points lower with sales totalling 50
creases in prospective produce contracts. The lower foreign tion in the central and western markets, plus the
areas.
pause
The Crop Reporting Board brought esumated an average lint yield although
renewed in factory laterest, scattered liquidation,
September
contract
of 270 lbs. an acre this year, menaged to widen its premium. about two pounds below last Prices closed today as follows:-
year's average yield of 271.0
Ihs. per dere and above 10-year | October
average yields of 207.6 lbs,
30 Industrials. 20 rails
16 utilities
40 bonds
-United Press.
Pepper Market
with
as
closed Zurely.
spot
New York, Sept. 8. The pepper market extremely quiet material at $1.75 28.75 bid 21.71 nominal | nominal. Traders 20.00 25.65 bid
September
November December Board January
February
25,44 nominal
25.22
25.00-21.05
24.00
24.03 nominal
Last
the month catimated that the yields would March averago 277.4 lbs. per acre this Apri year.
May Julio
It estimated that 5.2 per cent July of the crop would be abandoned | August because of the weather or September fosect damage this year, leaving October
November 24,093,000 acres for the harvest.
Spot -United Press.
JAPANESE BONDS
London, Sept. 8.
Japanese bonds
9194
- 08/2
24.00 bid 24.55 nominal 24.30
held back awelting further developments
slovakia, France, Indonesia, Italy,
in the primary market and the Japan, Syria and Turkey.
indicated
AIR MAILS
ܐ܂
The
It.
aircraft,
"Movement of interna-
arid
December
40.15 nominal
40.03
30.97-48.00
39.82-39,02
30.71-39.71
3020-39 AT
35.70-30.79 36.45 -United Prest.
LONDON: TIN
MARKET
London, Sept. 8.
J
The tin market was very steady this morning. Turnover was 105 tons of which 30 tons were for cash. Prices closed at the end of the official morn-
ing session as follows:
Spot tin, buyers
Spot in, allere
CIVIL AVIATION On Partition, Karachi was the airport that only international fell to the share of Pakistan. reappearance of buying interest from domestic grinders.
In the sphere of international Priority for development had. Dealers
stocks air mails, not only have the pre- therefore, to be accorded to awading release at around $1.73. Partition services been maintained All types of modern On shipment positions. Malabar but also new services Introduced. including Jets, are now using this for the first half of September Direct air mall services to the airport. 24,40 nominal was Indicated at around $1.67, U.S. and Iran have been opened. tional air traffic, both passenger
From
cargo, is increasing February
1951, the Air and straight September $164 Letter Service was extended to Karachi is now considered to be October $1.48-$1.10 a pound, uli
Previously this one of the major airports of the all countries. on ex-dock busts-United Fresa.
service was
available only to the world.. Commonwealth, the U.S. and Next on the list of priority for certain other countries.
development was the airport at Settlement Steady progress has been Dacca, the capital of East-
development Pakistan, separated from Karachi maintained in the
the of Chicago, Sept. 8, country's ports. With the by more than a thousand miles Exchange Chicago grains were steadier establishment of Pakistan, her of liidion territory. This airport receive major types after an irregular start, drawing ports were called upon to play is now fit to encouragement from cotton gains a vital part in building up the of aircraft, and is being brought and buying. The major com- economy of the country, and are up to the standard of an interno modities showed a slightly higher now handling a mounting volume tonal airport. More than 20 trend. “Wheat 'closed lower of trablo, meg key other aerodromes have been to higher, and anybeans were The volume of trafe handled selected for the development of
to higher-United Press. by Karachi since the Partition ia civil aviation.
24,30 20.78 United Press.
LONDON MARKET
London, Sept. 18.
The rubber futures market Grains In Chicago
closed today! caster, Prices closed today as follows:
Number 1 rubber, in pence
per/lb..
October
135 November
$44 Decembar
"A" (40. of 1899) ("F3" (40,-of-1010) "C" (40. of 1907) "D" (54. of 1934)
(B. of 1920) Consola
-United Press. ***
133 October/December 2001
January/March April/fune
Dione at..... Three-months tin, buyers Three-montha tin, mefierx Buntutan store at
DEJ
104
DIJ
031-831, P03 Valled Pren.
Rates
markes
„Business' was done in the', incal This unofficial exchange
0.32
at the following ratestim adiar per 1 Rterling, note iper. 41) indonesian guliders" (per: 200) Him. Licals (per 100), Lakesi Singapore (Biraita).
FIC plaktera (por, 100).
34.70
ILGTS
"STRAAT
MAKABBAR“ **TJILUWAN" "TJISADANE"
"TJIMENTENG" "VAN HEUTHZ"
"TJIKAMPER"
TJWANGE
"TJIDANTJET" "STRAAT
NAKASSAR**
"TEOELDERO”
TJIBADANE” "TJODAS"
"TJILUWAH"
BAILINGS
Sept. 11 Sept. #
Sept. 17
Sept. 10
Sept, ZA
Sept. 21
Bingapore, Djakarta, Semarang.
"Worazkin & hisTAKSAT Bingapore, Djakarta Palembang m
Belawan Bel
P.1. Ports, Singapore, E. & 8. Afloa
Singapore, Djakaria, Mercaring,
• Масла Borabala
19jakarta,, Hemarsag, Surabala
Macamar
Singapore, Djakarla,
Barabala Mecaniar
A
Semarang,
Manils, Kingapore K. & 3. Africa
Manila, Dingapore, Mauritius, 1.
Africa & B, America
Djakarta. Bemarang, Suraba
Macassar
Bingapore, Djakarta, Semarang,
Burabála & Moensiar
Urt.
1
Oct.
Oct. 0
Oct.
11
Japan
Oct,
13 Oct. 14
Det. 10
Nov
Зарап
"TJIWANG!"
Nov.
"TASMAN" "TJIPANAS" "TJIBADANE"
"STRAAT
MALAKKA
*THLUWAH"
Nov.
Nov.
Nav,
Nov. 10
Nov. 16
"US"
"STRAAT
MAKASSAR"
"TJILUWAN"
~TISADANE"
TIMENTENO"
"VAN HEUTEZ"
Зарап
Singapore, Djakarta.
Búrabala "Macassar
Sematang,
Bingapore, Penang & felawan Dell
Харам
Bingapore, Maurities, S. Afrion, &
8. America
Manite, Bingapore, 8. Afelea, & 8.
Apetira
Singapore. Dlakarin, Semarang,
Surabala & Macassar
ARRIVALS
From
America, R. Afrien. Afauritius, Bingapore & Manila"
Macamar, Surabata, Bemarang,
Dakaria & Singapore
TO Brpt.
Bept. 12
Бере. 10 Bept. 11 Верва 17
5.
Japan Japan
Delawan Deli, Penang, & Bingapore
KING'S BUILDING, Ground Floor.
TEL. 28015/18.
CHINESE AGENTS: 82 CONNAUGHT RD. C. TELS. 31190, 25133
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
* M.S. "PETER MAERSK"
M.S.
"NICOLINE MAERSK”
M.S. "ANNA MAERSK”
*
Sept. 15 Oct. 2
Oct. 16
Also accepting cargo for Portland, Maine
ARRIVALS FROM U.S.A.
M.S. "ANNA MAERSK”
M.S. "OLUF MAERSK"
M.S. "LEXA MAERSK"
In Port Sept. 22
Oct. 2
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN
Fedder Bullding:-F
& CO.
Tel. Nos. 36066-9.
Dates and rotation subject to change without notice.
Of
Japan Preparing
For Series Trade Conferences
Tokyo, Sept. 8.
Official sources revealed today that the Japanese Government is preparing for an early opening of trade negotiations with Italy, Egypt, Sweden, Uruguay and the Philippines.
The Ministers concerned — Foreign, Finance and Trade are jointly drawing up concrete plans,
An Italian commercial mission than it has been importing from is coming 20 Jopan late in that country, Japanese traders September to negotiate a trade are opposed to Uruguay's pro- and payments agreement provid-posal for a dollar open account. Ing for a $20,000,000 to $30,000,000 settlement.
As to trade relations with the trade in open account. Japan wants to import 100,000 tons of
Philippines, the Japanese Goy- rice under the agreement
Government sources also said ernment thinks that it will bo that Japan is planning to send a dificult to speedily conclude trade mission to Cairo to acceler- new agreement, and, therefore,
propose a maximum ox ate the trade talks now being may conducted with Egypt through tension of the present accord. the French Embassy there is the
A Foreign Office spokesman
absence
of Egyptian-Japanese diplomatic relations. The amount denied a Manila report
of rice obtainable from Egypt negotiations
11
that
between the two
and the foreign exchange duties countries would get under way Egypt will impose will become today, suying that while Japan the focal points in the negotia is sccking to extend the existing
barier agreement expiring tions.
talks are also Septoaber 30, nothing has been Meanwhite. projected with Sweden, centring started yet. France-Presse. around the settlement of out-
standing payments. ment
sources
sald
Govern
that in
от
negotiating with Sweden, Japan New York Sugar
will try to find a solution to the question of payments by proposing an instalment pay. ment
system, or some other compromise method, sinco would be dimeult to obtain all
In payments
dollers from Sweden, whose Imports froin Japan exceed by for its exporta to Japan.
+
'P.L. AGREEMENT`
Futures
New York, Sept. 8. 'World sugar futures closed to- day T-higher to 1 lower with sales totalling I contract.
Contract No. 8 closed un- changed to 3 lower.
Prices
today ая follows.--
closed
4.04 bid
3.01 porninal 4.49 bia
With, reference to Uruguay,Death Contræet No. 4 (world) the Japanese Government would October propozo a provisional extension January (1053) of the existing trade Becord, May which Isexpiring
Match
July:
shortly-September is reported to want to gelober
Ореп
Uruments in a dollar
Contract No.
rettle
January (1959) account, while trade between pot the two countries is at present | Navenber. conducted on a cash-and-carry | Märch
MAY basis with paymenta in dollars. Į July
However, as Japan has been uptember
Boot exporting to Uruguay far more
3.07 b/d
1.08 nonina! 301 nominal 3.40