Thin in the Schwabenstein (9,200 tone) the British pori luce 1939 docking at Southampton, it in the first of a fleet of six ships which are to (see story below).
[THE CHINA MAIL, TUESDAY, FEBRUARY 16, 1954.
first German prasenger ship to call an Owned by the North German Lloyd line, Eastern passenger service operate a Far
German Merchant Ships
Are Returning
To The World's Seaways
Bonn, Feb. 15.
German national colours are flying from the mastheads of passenger ships for the first time in 15 years as West Germany forges steadily ahead towards regaining some of the country's prewar maritime prosperity.
A few West German ships have made a modest start towards re- building the sea-going trade which World War II has reduced from a proud German merchant fleet of nearly 41⁄2 million tons, the fifth largest in the world, to only about 100,000 tons of small, old and battered ships remaining in German hands.
Now, the 19,105-ton motorship Gripsholm, built in Britain in 1923, has begun a North Atlantic passenger service for the North German Lloyd Company, of Bremen.
The Gripsholm, moaned by Germany Captain 9,000-ton
crew
under
since the war, Schwabenstein,
the
to
German Heinrich Lorenz, last commander left on her maiden voyage
of the Bremen, Germany's pre- East Africa. She can carry 88 war crock luxury liner, will ply passengers and 10.000 tons of between Bremen and New York | cargo.
this summer.
Then the Gripsholm.
which
The Hamburg America Line is
Д
this month to resume
between West Indonesia with a She
has accommodation for early duo 1.000 passengers, will be reftied regular service and her name changed to Berlin, Germany and
The first medium sized cargo new ship, the Dortmund, passenger ship built in West will call at Bremen, Rotterdam
and Antwerp.
Urgent Need
For
AD and
MIDDLE EAST
TRADE
Citrus For Wheat
And Timber
Strong competition is piling up against the 33-man British trade mission now in Moscow, oven as it starts getting down to business with its Communist hosts, according to reports from Beirut.
For one by one the Middle East countries, attracted both by barter possibilities and by com- paratively short freight hauls between the Mediterranean and Black Sea ports through the
SÜNTAKS
COMMERCE SECTION
BID FOR SOVIET
Diplomat Studies
Jap.
Cooking
Tokyo, Feb. 15. The First Secretary
of
the Austrailan. Embanay In! Tokyo, Mr A.B. Jamieson' is studying Japanese ecok. Ing ni a Tokyo cookery school.
Japanese- newspapers, ta- day featured a photograph of him "elad:-in at while apron and surrounded by dishes and a group of Jap 'anese" "kiriz" (R
Mr Jamieson studied the Japanese language and his- tory at a Tokyo university 20 years ago~~~China Mall Special,
Dardanelles, are probing deep behind the Iron HONGKONG
Curtain for new markets.
Here in this tiny capital, without currency restric- tions or customs regulations on a "free trading zone" busin, the Lebanese are planning to oust Israel as the Mediterranean's biggest citrus exporting nation. And their target is Russia-on a citrus-for-wheat-and-timber arrangement.
The Lebanese Government Hungary, he is now in Moscow claims that trade Balkes with talking about a "big trade ex- Moscow are Imunkent.
change, with Egypt buying in roubles instead of in Dollars and Sterling" as he looks over railway
engineering items,
As yet, however, the two nations most bitterly contesting
SHARE MARKET
(From Our Correspondent)
Business done on the Stock Exchange this morning amount- ed to $151,077.50. Noon
the
IN 1953
British Government's Housing Target Exceeded By 18,779
M
In 1953 the British Government's target of 300,000 new houses was exceeded by nearly 19,000, The monthly return issued by the Ministry of Housing recently showed the number of houses and flats completed during the past year 318,779,
was
The figure for December alone was 33,605-a record for any one month and comparing with the previous best of 30,031 in October. It was 10,000 more than in December, 1952,
For the whole of 1983 the in- crease compared with the previous year was 78,857, or | acarly one-third of 1952 out-
put.
Progress in building houses wiriking. From 34,320 in 1952
over
Grain Markets
quotations and morning's and flats for sale was particularly In US
the Black Sea trade route are and huipment, cars, trucks | dentiąga
Turne] and Egypt-both de- sperately short of Sterling and Bollar currencies.
Back in Cairo, President Naguib has supported him with a well-timed "admission" that Egypt would "welcome Soviet technical aid,"
still.
The Egyptians have already signed a trade and payments agreement with Rumania which includes the "most nation" clause ensuring customs handling on both sides. Russian
products from livestock, Odessa in exchange for citrus cd meat, fruit furthe Israch Fuel Divian,
and with Mr 1. Kosloff, Head of glassword, "Certaint
Neverthelesss Egypt is favoured some way behind Israel, already
casy receiving shipments of
are to receive
crude oil,
CUSCO
now
SHARES BUYERS SELLERS SALES the number advanced to 02,921,
nrise of 83.3 per cent.
GOVT. LOANS
55% (198) D1% 310348
1040) ..... DISS BANKS
FIK Bank East Asla INSURANCES
Unica SHIPPING
As Nav
K. Whoef
1830 1893
165
960
TO
DOCKS. ETC. 1448° 1,50
Provident (0) 13% Provident (N) 12.80- 638) Dock... Wheelock
LAND ETC.
13.60 500 195
་་་་ 8.15 2000 8.10 8.00 85 1000 ☎ 111⁄2.
This improvement was not at the expense of houses and flats for leiling which advanced from
cent.
Are Easier
Chicago, Feb. 15.
today
205,002 to 255,880, or 244 per Grain markets were mostly on sclling The increase for December caster alone was 37.6 per cent, the prompted by cash arrivals, cash markets and dis- lower any month during
the
highest for the year.
uppointing export news.
Most grains opened on Houses and flats under cons- downside this morning and con- truction on December 31, 1953, tinued to slip during most of the numbered 809,442, against 322,051 session.
Soybeans were the three months earlier. This in- exception and until the final dicates that the Government hour held steady to firm.
Total cash arrivals today were does not with housing output
following next year considerably to exceed estimated at 1,027 cars 400
Even so the long holiday weekend. One the target of 300,000. 10.40 1000 4175 2.20 3000
the number of houses and flats market observer sold it was te under construction was 29,184 largest amount of receipts for
move than at the begiming of a
day in over 20 the year,
years,
HK Hotel...
100
of
I endos
another
Humphrey's Bestiv UTILITIES
Trom
76
2.1715
19.30
..... 20.10 20 AD
100
10
and petroleum. In exchange for in Moscow negotiating now their cotton. yarn, textiles, flax, barter deals involving Russian
and vegetables. rugs, sponges
President Nagulb is casting This season, too, the Israelis his net still wider. One of his have shipped 87,000 smoothest talking henchmen, citrus to Finland and Brigadier Hassan Ragab, is 45,000 to Poland. They are at nearing the end of sweep present assembling trade through all the
Curtain missions for visits to Hungary lands as head of a blg
trode and Bulgaria; and they them- mission.
-
Iron
В
selves expect to receive similar After visiting East Germany, visitors from Poland and
Czechoslovakia and Finland.
Poland, New
Clergy In UK
candi-
TV Mast Will Republic and the Western Allies 14, the required minimum of 600
Tower
Over Devon
Since November 1940, when constituled Federni the newly signed the Petersberg agreement removing limitations on the size |and speed of ships, on passenger- carrying, and on buying ships abroad, there has been a steady rise in German shipbuilding.
It every 20 parishes could produce one acceptable dato a year, and each diocese deacons a year could be reached and maintained, states a report of the Central Advisory Council of Training for the Ministry which has just been published in London.
The presented
What Russia Wanted
Moscow, Feb. 15. The following are some of the Soviet
for requirements and machinery as pre- ships santed to British business men in Moscow by the Soviet
Trade Foreign
Minister, Mr Ivan Kabanov, on February 4 (In units unless otherwise stated):
Tankers, 15-10,000
will be Church this of
tons
Cargo ships, 8-
10.000 tons
30
20
report, which to Over 120 Routes
the Assembly when it meets weck, The BBC is to build a TV
calls the shortage West Germany's merchant
for the recruits
ministry the mast, 750 feet_high, on feet today totals about 1,800,000
most urgent question before the North Hessary Tor, in the tons, including 417,000 gross Church today. Dartmoor National Park. Igistered tons of new construction
in 1953, 220,000 tons T will extend TV to Devon and 239,000 sons in 1951, and 90,000 Cornwall.
tons in 1950. Mr Harold Macmillan, Minister
been
over
120
bough!
FOT the
1952,
It states that since 1905 there
has been a steady decline in the
new
will
03 a
HP
#
trimming in- chinca
15 Planing machines 10 Miscellaneous
machine tools; jig boring ma- chinery, milling machines In- die MA- cutter
& broach grind
machines, gear griding
500
machines de. Hydraulic presses
for
motor vehicle industry 15 Stamping presses 35 Hydraulic forging
-16
plicator 800-3,000 tons Double action
12
presses up 10 250 tons Locomotive and sar wheel and axic
mounting
200
prosses
тех
10
Bulldozers, 150-
300 tons Hydraulic eight
stage
presson for veneering furniture Bent
460- 000 tons
15 Friction presses ». 20
ham- Stamping
50
27
43
000 tons Fishing trawlers, with processing equipment and stern_slipway, number of clergy both absolutely 1,900HP and relatively to the population, Trawlera. diesel of Housing and Local Govern- About 600,000 tons of shipping and in no year since 1940 have
type 950-1,000 ordinations replaced The
45 abroad. the giant have ment, will permit
Whaling
Factory for last year actual loss. The number of men Derta!
be built. despite the though the figure to
Whalers In the theological colleges who
....... 30 objections
was only 30,000 tons, of
outdoor TTDTEY
be ready for ordination Balvage tugs, 100
as only BOCIETIES.
16 HP Ships of German lines now this year is returned Greatest good for the greatest
Floating docks, world routes, 380; for next year 385. the Minister's ply number dictated
ministerlal diminishing 450 harbours.
1,500-3,000 tons 2 "A beauty calling of about decision, but certain safeguards have been laid down: Most of them at present operate force must mean, a diminishing Dredgers, 400 M 3/H and over. time church membership and 1-All materials used and the AS "tramps."*
able deciine in
Gas turbo-carriers design of the necessary buildings being, West German shipping result an inevitable
and
steam be agreed with the local men are not trying to regain the influence of the Church in
fe," states the report. Turbo-carriers, their former
in the national life," position planning authority.
3-4,000 HP "It is because the Church with German 2-Approach road to the TV shipping world,"
Raliway
equip Con- gation must not be fenced off ships competing for the title of alive and winning back the
because
ment; dynamic from the moor. It must be sur-the largest and most luxurious fidence of the people,
street m.tuning wide and increasing opportuni- faced
that ilner on the seas and so on. with ontalbertis
washing day opening ties harmonisa
are every vatth thei: Bur-
mschines for a great forward jt, roundings.
German ships are aiming at before
and
cara, denecto -The barrow (ancient burial-recapturing something of their movement is now possible, that more men for its
scopes & test- Hossary Tor reputation for comfort and good it requires place) on North
eng machines A tourist clase fare for ministry. must not be disturbed until the service.
Cranes,
cater Devon Association has had the the eight-day voyage to New York on boord Gripsholm
the
26 pillar, 20 are to be put cost 700 marks (about
for-the single cabin
that many *'It is also truo to Kobe.
corts 2,800 marks
ago would naturally have entered (about £239) and a passage to Holy Orders, now go with a de- part already served), and nearly Hapag Lloyd 1,000 tonners to, finite sense of Christian mission
South into teaching or the whole of Cornwall. A tem- say.
government be America, coats 1,000 marks service or welfare work. porary transmitter installed as quickly as possible to (about 2158).
chance to excavate it.
4--All cables
underground.
new
2GB)
Bo-day
"Not A Failure"
TV station will take schwab 90 card the young men, who 50 or 100 years
The the programmes to the whole of Devon
(except the northern
'Will
take the service as far as Ply. mouth.
Valparaiso,
In
an achieve. int.
The
£3.18 million
200
tons with diesel drive.. Floating стался, ton, 150-300 -full-slewing, (self-propelled -, 10- Completo power
stations, 500, 1,000 and 1,800
Idea of Christian vocation has
19 kết widcged and this in itself marks Steam boilers, 20- A first class tare to Rio de
eng by the Church,
35 tons
150 the The B.B.C. hope this will be Janaito on board one of nut a
Power trains, "The | 9,000 dọn vessels of the Hamburg working within a year.
0,000 KW 20
electric How long to build the giant South America Line will cost. report the problem
2,100
imarley (£179) China in the big urban parishes is not Diesel
that .of mast? "Some time."
Sunday providing
stations, 310- Mall Special.
services, but of regular pastoral 805 KW
180 work on weekdays. It might Air
Circuit be that some kind of subsidiary
breakers, 220 ministry—a territoriál force, be- KV 500 MG.
VA
Among the objectors were the National Parks Commission.
the secretary to
Last night
the Commission, Mr HM. Abrahams, 'wald:
it la fust like a court of law. The decision has been made and there it
Heavy Mau Mau hind ind supporting regular
Mey Sylvis Bayerı, chakeman of the Dartmoor Pre- servation Association, com General
suonounced
maated: "The who
whole hinged on one question-how killed Country value the natural beply Tured
the people of the West last week,
of Dartmoor::// The answer and muspecta,
lead then they valua television.
The Bots steel Fattice tower
will gland in the heartyot
moor on one of the highest and members
most beautiful lors.
visibile from Limost any part of and three
Losses
Nairobi,, Feb; 15.
– Headquarters-en- today fecurity forces Mau Mauerrorista wounded for supe Artelted 125
whole-timers--needed to be copa Congent rating sidered more seriously by the
crushing,
milling equip
men
repast emphasisew seed for the Appointment, In | Rol
furniture manufacturing
equipment 2 sele Textile machin-
Food
ery equipment
industry making
£22.7 million
£5 million
Paper
equipment ... £0.3 milion Furniture venear-
Ing presses Freon turbo.
compressors with cooling
equip
200
ment.....***** Thermo - vacuum
chambers 30
Timber motor
corriers Radio measuring
instruments Communication. equipment and Instruments... Control,
suring 'a'ad laboratory
300
C. Light (0) 15.60 18.70 500 5000
C. Light (N) 12.60 32.70 1800
Electric
15%
1216 1600 1200 780 #12.00 2004 12.03
22 3254 300 111
420031% 3100 32
812 40 52
TARGET ASSURED The achievement of the 300,000 target in 1954 is assured by the numbers under construction. The Government's
to en policy urage the building of houses 4718 7.70 for sale is indicated by the fact
660
that at the end of last year the number under construction was 21 21.20 1000 @ 21.10 50,008. compared with 30,308. a
year earlier,
Maono Biac 10.00 Sandakan Light
Telephone
***** 7.00
INDUSTRIALA
Cement STORES, ETC
30
21.70 11:00 1900 @ 27:30
.....18.20
Dukry
Watson XD
XR
COTTONS
February
Cash market busis in late dealings had slipped one to as much as 2 cents a bushel with corn showing weakness. arrival of the feed grains were placed at 047 cars.
Total
... DISAPPOINTED Traders were also disappointed because Brazil over the weekend did not take any US wheat. That country, purchased over 11,000,000 bushels from Canada and Turkey,
"The
Local authorities completed
only export sales made 238,827 houses and dots in 1963, over the weekend were email private builders 63,121, housing quantities of corn taken by associations 7,924, and Govern- United Kingdom and Holland 8.csment Departments 0,051,
bushels of
Textile X All 7.45 -7.34 3600 35
Rim..... 145 2.85 500 41 21% MISCELLANDOUB
500
Yangtze
Yaumati
142
New York Cotton December local authorities were
Market
New York, Feb. 15. Cotton prices today spurted highest since mid-summer, the then flattened out.
to
Amonst the houses and flats under construction at the end of
responsible for 220,977 and private builders for 50,120..
POLICY CHANGE Houses and flats completed in Scotland last year totolled 39,548, an increase of more than 8,000 1952. The December against
Bulich zentiment chiled when an upswing above the 34% cent level set the signal for con- figure of 4,428 was a record for siderable
hedge selling and increased
any month.
Mr Harold Macmillan, Minister. The of Housing, opening a new block.
Closing prices ruled slightly above the previous close, list closed unchanged
to
corn
and 385,000 purchased by West Germany.
to
Soybeans were fully steady
firm early under active-
buying covering and short prompted by firm meal markets,
Jate In
however, dealings, prices began to back down to around Thursday's closing levels.
Wheat closed off 1% to 1% cents; soybeans up 1 to off cents. At Winnipeg, wheat was priced at 177% cents-United Prees.
of flats at Birmingham, vently Singapore Rubber
the beginning of 1964
Market
Singapore, Feb. 15.
points lower and down as much sald as 5 cents from the morning marked a turning point in the highs, New Orleans closed off housing drive. 3 to 7 points,
"We must repair, restore and Domestic mills and exporters convert the old houses, and I and featureless. Future closings, enlivened activity
with buying want the whole country fo orders at the opening and close, concentrate on that," he said. but in
In between time the trade
demand lost much of the sop
recently in evidence.
THE
nearby May contract New York Sugar
touched $4.52 ernte e pound, the highest level since last July 29 and up $7.70 a bale from the Bensonal lowest just before the Christmas holidays,
Market
New York. Feb: 15.
World No. 4 magar futures
The rubber market was quiet
were:
No. 1 rubber per ih. Mar, 5514-65$4
Apr. 891-09% · No. 2 rubber "per 1b. Mar. 53-054 No. 8 No. 4
Spot rabber unbaled Blanket crepe
No. 1 pole, crepe....
H
04-044 0234-623%
0493-331
47-4214
64-00 -United Press.
LONDON MARKET
London, Feb. 15.
Tho. rubber market a wDS
Trading volumes in the EX-today closed 1 point higher to quietly alcody with No. 1 Iss
change today were as follows
2
por ib. Prices;
No. 1 Res spot
Settlement-house term:
March
1016-1046
15-10%
April/June
I points lower with sales of 101 spot quoted at 16-9/16 penee Volume Open Interest
215,500 contracts, 41.500
£33,000
Domestle No. 8 mugor futures closed unchanged to one pairit lower with sofen of 257 contracta. Future closings: 1)
*
July/Sept.
Dot./De
General markets, eit baris,
Month
March
May
$6,000
July Ool,
104,100
Dec
0,300
4,900
78,800
21.400
1:00
$1,400
Contrast No. 4. (world) March
45
'porta:
May
Teb.
Bepl
April
16-7/10-16-3/10'.
OGL
March
Denta per Tb.
million
Chicago, Feb. 15. Prions par bushel in cente
Whant, Máj, 201
Cuba)
3,40
Contract No.
* March
Prices
May
July
Merch
Nov.
̈ex-döçk
20.0 millon
equipment 20.65 million
Spect
CHICAGO GRAIN
DE FUTURES
Katale crepe. Thlek - 1975
thin 189
-United "Prem. NEW YORK MARKET
New York, Feb. 15,
Rubber: futures today closed
Bem | 15 to 20 points tower with sales
of 28 contracts.
New York Stock
Market
Spot No. 1 fms were quoted at '2014 cents per pound."
cloiings wereș
Future
March
United Press,
don Forei