THE CHINA MAIL, FRIDAY, SEPTEMBER 19, 1952.
MESSAGERIES MARITIMES URANIUM FINDS IN AFRICA ROYAL INTEROCEAN LINES
MOM
Arriving
*"LA MARSEILLAISE" ..în Port
"FALAISE"
PLA MADEBILLAISĘ" ;,8ept. 29
+GRENOBLE”
Outward For
Yokohama & Kobe Jμpas.
Minister Prophesies Country Will Be World's Biggest Producer
Leaving
...B¢pt. 10
Sept. 19 Bapt. 29
.....Oct.
5
Sept. 25 Oct,
"FALAISE"
Oct. 20 Oct. 27
N. Africa Europe
1
·
For passenger and freight.
Homeward For
Marcelles via Haigon
N. Africa 4. Europe
For freight to Saigon, Alexandria, Genoa, Algiers, Oran, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam. Accepting cargo:
via Marseilles to all Mediterranean & West Africa Poria. -via Djibouti to Madagascar.
Bubject To Change Without Notice.
CIE DES MESSAGERIES. MARITIMES
P.O. Box 58, Hongkong Queen's Building (gr. floor)
EVERETT
Tel. 26051 (3 lines),
LINES
EVERETT ORIENT LINE Fast cargo and passengers service refrigeration space available for Koren, Japan, China, Phillppines, Indo-China, Siam, Malaya, Burma and East Coast Indian Ports.
"LENEVERETT"
Arrives Sails
Sept. 23 from Singapore.
Sept. 24 for Kobe & Yokoharna.
"NOREVERETT"
Arrives Sails
Oct. 2 from Manila..
Penang.
Oct. 3 fur · Singapore,
Rungoon & Calcutta,
(Accepting carzo for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STAR LINE Fast cargo and refrigeration spaces available for Korea, Japan, China, Philippince, Indo- China, Slam, Malaya, Ceylon, West Coast Indian and Persian Gulf Ports,
FIRST CLASS PASSENGER ACCOMMODATION M.S. "STAR ARCTURUS“
Arrives Sails
Sept. 20 froin Japan. Sept. 21
Port
for Singapore, Swettenham, Madras, Colombo, Bombay, Karachi, Kharramshahr:& Basrah,
M.S. "STAR BETELGEUSE”
Arrives
Sails
Oct. 5 Oct. 6
from Japan.
for Singapore, Port Swetten- ham, Madros, Colombo, Bombay, Karachi, Klor- ramshahr & Basrah.
(Accepting carro for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telephono 31206. Chinese Dapartment: Telephono” 28293.-
Canada As NY Foreign
Petroleum Producer
Banff, Sept. 18. Canada is coming into her a major producer of petroleum products among the treo nations.
own as
Exchange
Closing rate Sept. 18.
USSI
Canada England-Reip}
*
unofficial
30-day futures
Australia... New Zealand South Africa Belgium At the Convention here of the Demark
France
2.78-8/16
HONGKONG
SHARE MARKET
(From Our Correspondent)
Business on the Hongkong Stock Exchange this morning was on a moderate scale, the total of transactions recorded being of a value of $158,525. Non quotations were:- BRARES BUYERS SELLERB BALES BANKS
IK Hank........ 1420
Finle
147
750
Asta Nav XD. 1.45
Mail Aşla
INSURANCES
SHIPPING
DOCKS, ETC.
K. Wharf
92
N. P. Wharf
4.00
20.00
12.10 12.50
1.80
43 43.18
0.45 0.00 500 6.33
Thock
-Provident
R.
i
S'lini Dock Wirelock LAND, ETC.
HK Hotel
IK Land (0)
XI
XD
S'hal Land
8.TIES
Tram
Peak Trans
(0)
IN)
Star Ferry
30 15
101 104
C. Light (0) P.15 0.20 400
Tew phone
INDUSTRIALS
Centen}
STORES, ETC.
11.50
20
9.20
22.20
Commonwealth Well Into The Forefront
London.
This month South Africa will begin to produce uranium, and Mr Viljoen, its Minister of Mines, has stated that when production is in full swing, South Africa will be the world's biggest producer.
material.
Uranium
in fact rediscoveries-are an-
The details of world uranium production are a close North will provide a large pro- secret, and it is unlikely that the latter part of Mr portion of the Atomie Ago's raw discoveries-many Viljoen's claim will be statistically substantiated in the foreseeable future. 7
Likewise Mr Howe's statement--he is the Capadian nounced regularly all over the Minister of Defence Production-that with the construc- world, but most of these sources tion of a new refinery Canada would become the second would be economically- unprofit- able to exploit, as, for instance, largest uranium producer in the world, exceeded only by the deposits in Cornwall and N.
Wales.
Recent large-scale dis- the Belgian Congo, cannot be factually confirmed.
coveries indicate that by 1954
It is only certain that the most recent discoveries of uranium un an important economically work- fable scale have been made in
Australia, South Africa Canudo.
were
A
and
"TJIMENTENG "VAN KEUT
"TJIWANGI"
"TJIDANTJET"
1
BAILING8
Oct.
2
Uct.
?
PSTRAAT
MAKASIAN"
"TKGELBENI***
"THIBADANE"
"TJIBODAS"
Oct.
Oct. Oct. 12 Oct. 14
*TJILUWAI"
"YAN HEUTSZ" "MĄETSUYCKER””
TASMAN” "TŪWANGI"
"RUYS"
To
E-T: PATIE: BIDEBUNTO; H¦ & *. Affion.
Temarang,
durabria di Macassar Singaporn. Djakarta. Semarak,
Bürabila & MecaniaY
Manila, P.I. Ports, Bethwan Dalk,
Blgrapere. K. ↑ 8. Afelen
Bingapore. Mauritius,- 6. Africa
B. America
Japan. Зарда
Djakarta, BemAYLAŞ;
MACRE
Surabaía
Singapore, Djakarta. Bernat 45.
"Burakišla &")[alázsár
Singaparo & Djakasta
Singapore, Penang & Belawan Doll
Bingapore, Djakarta. Xumarang,
'Türibils & Nacarsur
dapun
Jeban
le pare. Atsugitius, #. Africa, #
8. Ameries
Oct, 20 Oct,
Japra's
23
det.
28.
Nov?
Nov. 3. Nov. ช
NOY.
9
Nov,
0
"VAN HEUT821. "EJIĻUWAK"
"THWANDI".
Nov. 10
Nov, 11 Nov. 14
Dec. 2
JIFANAS". *TJJARANCI
"TJIPONDOK" "STRAAT
MALAKKA
cording to the richness of the Commonwealth countries will he "TEGELDERG“ deposit found.
producing a very large share of the world's uranių, which, other consideratiuns npart,
In Saskatchewan, Canada, the
Great Bear Lake deposits were should do much to augment the being worked before the war,
New York
Cotton Futures
Spot
30.10 nominal
and at that time had on estimated sterling aren's dollar resources. Uranlum
a Is not rare ele-butput of 300 tons a year, TheThe Financial Times.
Mining Company. B 2300 300 ment- is estimated to be 1,000 Eldorado
which property times more abundant than gold. Government 100% but since it is rarely concentrated purchases ail uranium produced
in vich deposits it has
lowin
Canadu, expects that by early availability. The demands of an next year a new leaching plaint atomic age, however, warrant of up to 700 tons capacity will be 2. 19.20 15:40 1500 1930 the exploitation of deposits which in operation at their recently Lodge Lake known about long before discovered Beaver the war, but which would not Mine, also in Saskatchewan, the
New York, Sept, 18. Cotton prices bogged down Bitherto have been financially richest so far known in Canada. profitable to work. No figures It is now constructing a
steady opening, closing Light (N) 6.15 425
a new after a Electric 22.10 22.30 1000
are published of Russian uranium town north of the 50th parallel on lower ground. The market Macao Elce. 10.50
17.00 $7.70 2109 17.70 production, but rich deposits are in the centre of Saskatchewan's opened up la to eff three points. known to exist in Estonia anduraniferous areas called Uranium If closed near the town with elsewhere in the U.S.S.R.
This already possesses an losses of nine to 37 points. Prices City. This The West Rand Consolidated sport, to enable the quicker closed today as follows
installation of uranium extrac- commencing tion plant at the Ber
Beaver Lodge 37.20 1000 27.10 Company, which is
this month, is the pruduction
Mine.
The principal customer 2.45 100 2.50 first of the six and gold mines of Canadian-preduced uranium
scheduled to commence uraniuin
la the
U.S. Atomle Energy production in the near future. Commission. The Beaver Lodge South African uranium will be
field was found to be so wide- obtained as a by-product of gold spread that in its three-year con- production by a process in which ccasion the Eldorado Company the residue of gold are goes into
was unable to explore all its vast from which potentialities.. Consequently a "slimes dam," uranium is extracted in liquid about 200 square miles of it, .form and dehydrated for ship-around Lake Athabaska, were Chicago, Sept. 18.
thrown upon to private pros- ment, Chicago
grains joined
Rand-mined uranium will be vectors on August 4. leading commodity. markets, coma automatically the property favouring the downside in of the South African Atomic HUNDREDS OF OLAIMS relatively quiet and mixed Energy Bourd, which, under the
Since then hundreds of pros- dealings There WIKS 赴
agreement
in mode arly latest
solpectors, equipped with Geiger February of this year, will soll
Hope Dairy Watson COTTONS
Ewo
19 19.30 500 de 10,10
Chicago Grain Futures
deliveries which
the
tomorrow. Wheat closed Una
October December March May July
March (1954)
Spot
October
December
March
May
July
"TJIMENTENG" "YẨN HEUTEZ” SEJIWANGP
**LUWAN"
“TIMANTJET"
·Dec. D
Djajara. Semarang aurebaris &
IAÇÃ
Manlia. Fingapore, 8. Afiler, 8,
America
Singapore, Penang & Pelawan Dell Singapore Djakarta, Remarang,
"shrafata & Maraisar Mingapore Djakarta,
Ssūtabila de Macassar.
Sematang.
Manlingapore, Mizuritius, ↑ 8.
afilea &.. America
ARRIVALS
Port
Яent. 19
Jayan
From
Belawan peli, Pentog, & Singapore
Machtiar, Surabajo,
Djakatte Singapore
Bept. 28
QFt.
B
Japan
Oct.
B
Semarang,
Djakarta, Semarang, Surabala
DIKERELY
KING'S BUILDING, Ground Floor,
TEL, 28015/18.
CHINESE AGENTS: 82 CONNAUGHT RD, C. TELS. 31194, 25183
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO;
NEW YORK, BÖSTƠN, BALTIMORE & PHILADELPHIA · VIE SAN FRANCISCO, LOS ANGELES AND PANAMA
NEXT SAILINGS
33.70
58.00-33.70
39.67-38.01
37.40
39.84
Gelober
35.70
December
35.12 nominal
29.38 nominal
NEW ORLEANS
PRICES
23.20
38.70
30.62-30.65
33,55-38.07
30.30
37.BA
18.40 bid
March (3934)
3.23 bid United Press.
M.S. --M.S.
"NICOLINE MAERSK”
“ANNA MAERSK"-
SEEDS AND OILS
M.S.
"LEXA MAERSK"
M.S.
"OLUF MAERSK"
M.S. "LEXA MAERSK"
October December
New York, Sept. 18. Prices in the seeds and oils
with the following
heavy liquidation in Septere it to the U.K, and U.S.A. Muck counters, haye staked claims in market here closed today un-
of the uranium-producing plant N. W. Saskatchewan, and it is changed has been paid for by the U.K.now reported that very rich de- exceptions:- and U.S.Á. on a loan
posits have been discovered over Peanut oil, per lb. F.O.B. New repayable. by the sale to them of the mined the frontier in N. E. Alberta. De-York, 172 cents.
posits in Alaska have been Flax seed, por bushel, F.Q.B. uranium,
known of for some time and it Minneapolle, $4.141⁄4. — United appears certain that the Frozen Press:
changed to higher and soy beans were unchanged to 3 and 44 higher. Pelees closed 13 follows:-
Wheat-price per bushel
Sput
September
December
March
Moy
Corn
Spot
September
December
March
May
Ityb
Spot
September
Dats
Spol
September
2.31 2.30
2.37% 2.43-2.4346
- 2.49%
1.75- 1.7032-1.71 1.00-1.601 1.77%- 1.70-1.747%
1.0314-2
8616-32
PRIME OBJECTIVE
That speedy production is a
Was prime objective
shown recently when equipment about to be sent to the West Drie- fontein gold mine was transferred to Daggafanteln and Western extraction Reefs, where uranium can be more readily undertaken. In March it was officially an- nounced that workable deposits existed also in the O.F.S., and the
and
O.F.S.
total Hand
New York flour-per 200 lb. Back potential is now estimated to br
$12.10.--United Press.
New York
Rubber Futures
New York, Sept. 18 Prices -of rubber futures higher to five closed today 10 lower with sales totalling 40 contracts. Prices closed today as follows:—
143 bid/ 2.55 asked
2.77%
90-day futures
2,70 2.2216
October
2.30
November
December
1458
January (1983)
00254
February
2335
Marchi
2633
April
1405
May June
0150
0264
Inter-State Oll Compact Com-West Germany mission, a U.S. conservation Holland group meeting for the sirst time italy-officia in Canada, speakers stressed Norway Canada's growing petroldum in- Portugal
Spain dustry as a pillar of Western Sweden
Switzerland-free Hemisphere defence.
The fact that the Commission MIDDLE EAST meeting in Canada has been ERYT
15
pointed out as an indiention of frag the place Canada
fran
is taking in Turkey
the petroleum world,
LATIN AMERICA The U.S. Secretary of the In-Argentine olcial
Brozli terior, Oscar L. Chapman, said Bolivia in an address that Canadian Oil Chile-free and gas production is of tremen-Columbia doug importance.
Cuba Mexico
Laikunguny
Venezuela
Mr Chapman was unable to Peru-free altend the meeting. His was read by J. E. Warren, De-
Administrator.
of
puttyshim
the FAR EAST
India for Petroleum Administration
Pakistan Hongkong Defenca
"Canada has been confirmed indeneria as a major source of oil for the Singapore ce nations of the world," Mr Japan Chapman said. "It is clear that
free
Canada's prairle development
can bo a fruitful
ciated Press.
0220." Asso
Singapore Rubber Futures
Singapore, Sept. 18. Prices of rubber futures closed today as follows
Number 1 rubber, per lb.
Ootaber....SAE
November
December
76-701 70-781% 28-7012
Number 2 rubber, October 20-101
Number 3 rubber,
Number 4 rubber.
3pot rubber, unbeled
Blanket-crepo
No. 1 pale crope
28811
03125
2.7015
.3575
20.30 nominal
three times as great as when 9. Africa first entered into agree ment to dispose of its produce to the U.K. and U.S.A. in 1950. In the meantime the Shinko- lobwo mine in the Belglait Congo
remains the world's largest uranium producer.
The two
Largest Australian deposits announced to date are at Radium Hill, 250 miles N. E. of Adelaide in South Australia, and in the Northern
Rum Jungle Territory.
NOT UNTIL 1954
Sharp Collision In Cotton Parleys Predicted
London, Sept. 18.
Sharp controversy among delegates from 11 countries participating in the International Cotton Conference, which starts its private discussions at Buxton in Derbyshire on Friday, is forecast by most expert commentators here today.
the
which maintain,
The public session, which The conference will got down conference here to work in earnest on Friday, opened
of the "Big yesterday made clear the main the delegates differences of
the opinton
United tended to divide the conference States, Japan end India-having Into two camps-the Japanese laid their preliminary cards on and American side protesting the table at the opening scesion
nationalistic tariffs and in Landon yesterday. 26.77 nomina and large-scale development is gons which tend to keep
The main task before the and the conference on Friday is expected export figures down
be the
examination in British and West European side to which belloves in these measures greater
detail of the various to protect what trade they have,
facing
world problems
the It is chiefly the British and cation toxtile Industry as
that agreement
23.40 bld
Both these areas have been 20.00 nominal inspected by
of the members 25.50 bid 28.11 nominal U.S. Atomic Energy Commission
already beginning. Uranium 25.28 notinal production of important propor- 25.10 bild
however, Lake 25.00 naminat tions will not,
place until 1954. United Press.
The disposal of Soul Aus- LONDON PRICES
tralian uranium has become the subject of London, Sept. 18.
Internal political European view
to keep international compet whole and country by country. the South Aus-
Statistical estimates of the futures quarrels, but
tion within bounds would be tralian Government has
for demand *now
potential all countries con- agreed to make most of it beneficial to
eption textiles and what each cerned. Combined
country consider Mr Kojiro Abe, Japan's participating
reasonably expect to may comic Energy Commission. Iference that he had came all achieve in the future will bo is reported that In return South the way from Japan to discuss presented and discussed. Australia will be given priorily live and let live relations
of rubber
closed today as follows;-
Prices
Number 1 rubber
October
November
December
0550
"October/December
0183
January/March
4025
April/June
1.00
1101
3500
2000
Q293
3029
1700
0700
-5200
360 yen to US$1
United Press.
LONDON TIN
MARKET
י
London, Sept. 18. The tin market was steady this morning. Turnover was 80 cons including 50 tons for cash and 40 tons for mid-November at 938- 957.
Prices closed today at the end of the oficial morning, sersion as follows:
鍋の
2141-2215
United Press.
tho to
4
Mont Agency of the delegation langer, told the con-
power -for Industrial
ustrial purposes, barriers.
total
it
The main point before
Exchange Rates. Radium Hill deposits. Streat said that "no situation on textiles and how to
US. dollar (per #1)
16.
will be
tho
<-
ARRIVALS FROM U.S.A.
M.S. "LAURA MÁERSK”
Oct. 2
Oct. 16
Nov. 2
Sept. 22
Oct.
G Qet. 18
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN &
Pedder Bullding..
CO.
Tel. Nos, 86066-9,
Dales and rotation subject to change without notice.
At liberty to proceed via other ports to Ipad/discharge cargo,
M.V. "LA MARSEILLAISE"
will sail for
Yokohama and Kobe
on
FRIDAY, SEPTEMBER 19, 1952 AT. 7 P.M.
Passengers are requested to board the vessel with their cabin baggage on the 19th Sept. between 3 and 6 p.m. Baggage Room and Hold Baggage will be registered at Kowloon Godown No. 50 (No. 2 Gate Ganton Rond Entrance) on the 18th Sept. between 2 and 5 p.m. and on the 19th Sept. from 9 a.m. to noon only. No baggage will be registered after this time.
COMPAGNIE DES MESSAGERIES MARITIMES
Queen's Building
| Just
tho in the development of atomic which would remove restrictive conference will be to exchange views on the possibilities of and that about 'one-third of the
For Britain. Sir Raymond finding new markets for cot- conserved for local needs.,
Observers : doubt, that uranium ore refinery is now can be accepted and no poltcy courage increased consumption,
the For eed" which would deprive Business was done in the local under construction at Port Pirlo
agreed" this markot unofficial exchango
and on stole pile is to be built Britain of her existing markets, conference can or will achieve morning at the following, roles:-
West European any measure of agreement on 35 up at Fitzgerald Bay, South delegations, Dr K T. Kroese,
the division of markato.* Australia. 25.20
sold that he would reserve his FOR GOVERNMENTS 34,50 The first major uranium coa-thoughts for Uie coming private This, they point out, is a 19.15 signment of 100 tans from the
Sessions
he nut
indicated matter for governments rather 31.725 Rum. Jungle field in the Norther strongly that West Europe sided than private business men to
Territory was shipped for the with Britain.
decide. The American delegates U.S. Inst month. In mid- Kasturbħal Lalbhal, speaking are opposed to any form of August, fulipwing 4 new dis-
the Administrator of
of the
for the rest of the "Big Five" restriction. But all agree that delegations, took the middle ling such a wide exchange of views Northern Territory reserved New York, Sept. 18. area of 400 square miles around but veered towards the Japanese can do nothing but good. Spice dealers reported a much Faith River. 150 miles south or lagreeing with the iden of keeping bone comesneo produces po
dis- and American view by
Bierling note (per 21) Indonesian guilders (per 100) Slam Heals (per 100)
Blogapore (Straits)
FIC plostres, (per 100)
Pepper Market
restraiOS.
:
ISSUE London Sept. The 70 delegates to the Inter national Cotton Textile Coo
at.
agreement, it will improved buying interest in the mum Jungle, as auranterns world markets shared as they
Icast produce # measura of pepper market with prices | resting on a noto of firmness. pp. The Mount Isa care by protettivo Brilia ind/understanding and will help the various countries to appreciato Spot material was indicated at was asked to work the
ted at Jungle deposits on behalf of the
each other's between $1.07-$1.88 a pound Covernment, but it fe at the
problems. In addition to the Important Stock awaiting release was re-moment; uncertain whether it
conference Steamer will do so. ported at $1.80-$1.80.
contribution to the which will be
made by the arrivals this month were quoted par-081 $1.67-$1.82, steamers dug the Toad the quick decovery of farmice today made their way main supporting countries, some half of October $1.62-31.04 radio-active ore deposits, the to Buxton, Derbyshire, where Interesting: ylaws are expected # pound. On shipment positions, Federal Government has offered the main talks will take place from the West Gorman, Nether- September was quoted at around rewards of up to £25,000 to in-under the auspices of the British lands, Belgian, French, Italian,
and Swiss delegates-Router. I'dividual prospectors, scaled ac Cotton Board $1.02.-United Press,
Bpot in, buyer Spot in, flor
00015 DOI
Burners done at juste
-62
three-montția tin, buyer Three-mantha tin, seller Businew done' at.
$1
063
103-100
Bettlement
United Press
PRINTING Arrived
OF QUALITY
if necessary at Short Notice
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2.0.0 0
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ask for Mr. Labrum ·
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$6.00
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