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12
"TINONDOK"
·Jan. 2
"TJBANTJET
"TJWANGI"
Feb.
*
· Feb,'. Feb.' s
Feb.
Japan
Feb.
· Bjakarta
red.
Frk. 4
Feb. 21
Feb. 24
23
MAKASBAR" *TUKAMPEK"
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Feb. Mar,
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Jar.
Mat. 21
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Mar.
TASSIAN"
MAKASSAR" Mar, 21
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"VAN DEUTAZ" "TJLUWARE"
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Mar, 21
Apr.
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In I'ort
Jan. 15
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At liberty to proveed via other ports to Mad/discharts carto,
in her hard-pressed economy PENINSULAR a textile crisis.
The Neues Deutschland, of the Socialist (Communist} party, pub- tished on article in which State Secretary Willi Peter Konbok, a leading official of the Ministry for Light Industries, blamed himself and his Ministry for the shortage.
He said the Ministry had blame other always tried to offices for its mistakes. Heads of departments had failed to deliveries in time. The mert Ministry of Finance had not co- operated,
Deutschland kald East German shops had no warm underwear, winter coats
The Neurs
dr warm suits for sale when
value of gold production outside peeled to open .... 23,070
the United States to an annual | 1s In view of all these various rate of about $1,000. million. 30/premium. losses It con safely be sali
This would
be some $800 The National Provincial Bank that the Soviet Union has ex-million above the present annual supplied the other talking point
tho fructed from Austria in
rote "but still for short, of the in the markets last week. By last seven years a minimum
U.S. Government grants in old raising its dividend from 15 to total of 20,000 million schill- ings, which would total almost given in 500 million annually 16 per cent the Bank became the
in the past two years." first of the "Big Five" to increase cold weather came earlier than 1,000 million dollars,
Other arguments are produced its dividend since
the middle expected. by the National City Bank of 30's. The USIA trust, which con- New York in an attempt to show sists of about 300 separate en- that a higher price Lor
GOLDS IN DEMAND gold terprises, "works like a tremen-would not benefit the non-dollar colonial empire in the world as much as some of its heart of Austria," the Socialists advocates belleve. claim.
200 14.20
dous
SHIPPING
Waterboat 14.40 Asin Nav, 43 1.40 DOCKS, ETC. K. Whart
60 92
200 N.PL Whart 0.05 0.76 Provident 13.30 13.40 Provident (New)
11.00 S'hal Dock. 1.55 Wheelock... 7.70 7.25 Wheelock (Rt.)
2.00
able to got together on terms für |·LAND, ETC.
an extension. Exporting Coun- | UTILITIES
tries insisted upon higher prices and importing countries resisted.
Another meeting of the par- ticipating countries will be held hore on January 30. Hence, the position to be taken by this country then must be determined by the incoming. Eisenhower ad¬ ministration.
The agreement has been cast- ing the U. 8, Government nearly $200,000,000 a year in subsidies
HK Hotel
HK Land (0)
7.03
1000
Shai Land 135 Tram.3740 2211
19.40 20
Star Ferry 117 C. Light (0) PIS DA
Electrio... 23.70
Talephone
INDUSTRIM.S
Cement......... Rope STORES, ETC. Dairy..... Watson........
to make its grain available abroad COTTONS
at the agreement prices. Soine
Congressmen and farm leaders
have, cald this is too much,,
Those who are conferring with
officials on the agreement are
Exp
19 10.30
ROS
23.50
2,10
01
91.50
623
23.00
1000 € 33,00 1000
500 & 23,00
'COLONIAL EMPIRE'
·
But it is most convincing when were it turns its attention to home takes ground and examines the possible they effects of a higher gold price on
the United States itself.
"If the Soviet Union to pay for the oil sho Dway from Zistersdorf," add; "Austria's economy would be stabilised. The procects of these exports would go for towards balancing Austria's in- ternational payments and help her to exist without foreign
nich."
are
assets."
.*
Theo
on
sell,
Former Supply Minister
Hamann faces trial for the breakdown of supplies. Several Hopes that other banks which of his department chiefs have' have
their fled to West Germany-Reuter. not yet announced dividend
follow the Would National Provincial's lead caused a general advance in bank shares.
Glit-edged
after improved their millal setback and by Wednesday all losses had been regained. This section remained
rest of firm during the
the week What the United States has to but Jack of "follow through" to fear from such a move is the early demand caused a
very alight reaction possibility of Intăreal inflation.
on Friday and
INFLATION FEAR.
As the Bank.points out "egilis closed lower on the day in mark-up in the gold price would peveral cases. provide the U.S. Treasury, with
412
Interest
in the
Dullness In
Cotton
New York, Jan. 11. Cotton goods producers, who counted on the New Year to Industrial bring a business pick-up, modi- fled their hopes this past week
were
Especially noxious in the eyes of the Austrian Socialists the newly-established
a huge windfall profit on its market has again been 000- 940 USIA retall stores, which can-
not even claim to be "former present gold holdings, and in centrated on those shares which because of the continued weak- German
would invite a now flood | are addition
subject to "Lake-overness in mw cotton prices, Mills, of gold
for by the rumours. Stores Imports pald "operate without Licences, pay
anxious for business into the neither
higher price. customs duties nor taxes Treasury at the
pelicularly bright
apbt. second quarter, muzeded in "Both would add t the speculative buying later switched booking several million yards. and Ignora legal business hours.
monetary base and provide an
shares. to shipping "As they pay no taxes
The Stag of print cloth yarn fabrics at enlarged potential for. Infistion." Line, P. and O. and Cunard all concessions. the Austrian goods they
The psychological The
cffccis Inlahed
March futures feli below im higher. 100 13.16mostly USIA products, and no
Gold shares have eguin been | 33-cent line for a 'cumulative customs duties on the black might be even more damaging. market Imports from the East- would excite the speculator in demand, largely through the loss of 837 a bale since Septem ern satellite Sintes, they can, and shock and dismay the belief that Mr Churchill has ber 8. The inability of the raw
ΟΣ at the expente the Austrian businessman, the
and started negotiations in the United product
shon to Sinto and its taxpayers, under millicha, of 'little people alreadyStates for an increase in the rallying power sted retarded cell the
legitimate struggling to meet their monthly pelal price of Austrian
gold.
kusiners in ention yarn, Buyers shop-keepers on, every item;)]
lead-sing shares of knitting counts, Australian
Especially These are the methods, the Anil this might lead to a fallina werp a good market and some an combed descriptions, are Socialists claim, which have off in sales of US savings bonds moderate gales were registered in covered through the first quar- superseded the fest brutal and increasing redemplona w bils Copper shures, however, ter and are skeptical about seizure of "booty goods." Thera rosulfant flight of capital wore adversely affected by the going beyond that period. In- and more subile,bit none tha and hectic search for hedger uncertainty Injected into the terest weaving timbers re- lear effective, In the evalemas against" inflation
jooks were: aidation in Forthern | malted, "mib-normal. "In rayons, If this is really how the Rhodesia by the forthcoming generaly market Le destruction of the Austrian
| the dull side,--Udited Press. American public, would-react to arbitration. economyBouter.
Exchange Rates
T. D. Morse, of St. Louis, de-. Business was done in the local algnated to be Under-Secretary unofficial exchange market this
of Agriculture, and Karls G. morning at the following rates?
16070
Butler, of Utica, New York, Steiner note per £1)
13.50 US. dollar Eper 61104
sulider. (pin 1901-
close friend of Mr Benson whom Leais (per 2001 may, be named to a post in the am Department--Apzociated Press,
Singapore- Lötraéta) jotze
FIC DMairon (per 100)
Saver
mustine:
was un
EPARABIT
& ORIENTAL
STEAM NAVIGATION COMPANY
R.M.S. "CARTHAGE”
SAILS:
NOTICE TO PASSENGERS.
BAGGAGE:
FRIDAY the 16th January at 12.00. noon for the UNITED KINGDOM vio Straits, Colombo, Bombay, Aden and Port: Said.
ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co.'s Godown at NO. 2 Gate, CANTON ROAD "ENTRANCE by NOON on the 15th January, 1953.
SPECIAL NOTE: With the exception of hand packages.
carried by passengers themselves, ALL BAGGAGE must, pass through the Wharf Co,'s Godown for loading on board by ship's slinga only. BAGGAGE
WILL BE COOLIES REFUSED ADMITTANCE TO THE WHARF.
EMBARKATION: Will tako plneo FRIDAY, tho' 16th''
January, 1958 between 9.80. a.m.. and 11:00 p.m.
BUSINESS - REGULATION
ORDINANCE 1952
Copies of the prescribed Forms 1(a) 1(b) and 1(c) -
Now On Sale at S. C. M. Post, Ltd. HONGKONG AND KOWLOON
TEN CENTS EACH