1951-04-04 — Page 9

Page

MESSAGERIES M

THE CHINA MAIL, WEDNESDAY, APRIL

1951.

MARITIMES Requests ALLIES REMOVE

M For U.S. RESTRICTIONS ON

***FELIX . ROUSSEL”

*"'DREST"

ARRIVALS

from Marseilles

from Europe

SAILINGS

PASSENGER/FREIGHT SERVICE

*FELIX ROUSSEL" "LA MARSEILLAISE” "LA-MARSEILLAISE”

· “GRANVILLE" -“CDT" DORISE”

"BEST"

to Maraelites via Manila to Japan

5th Apr.

10th Apr.

6th Apr. GÁI HẢI to Marseilles via Manila 19th May

FREIGHT SERVICE

.N. Afrion & Europe 5th Apr, .N. Africa & Europe 8th May .N. Africa Europe 15th May

for

PORT SAID, TUNIS, MARSEILLES, ALGIERS, ORAN, TANGUÉ, CASABLANCA, HAVRE, DUNKIRK, ANTWERP & ROTTERDAM,

CIE DES MESSAGERIES MARITIMES Queen's Building

Tel. 26051 (Three Lines)

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

Financing RUHR

INDUSTRY

Bonn, Apr. 3.

Washington, Apr. 3. The Latin American dele- gates appealed directly to

The Allied High Commission today lifted the limit on steel produc- the United States Defence Mobiliser, Mr Charles W- tion and relaxed the restrictions of other industries to increase West Ger- son, today for help in boost-many's contribution to the common daence of the West. ing-production of raw The Commission, in a letter to the Federal Chancellor, Dr Konrad materials.

Adenauer, authorised steel production above the old limit of 11,100,000- tons a year provided the surplus was devoted to. Western regrmament.

In addition it removed the prohibitions on the! production of synthetic oil and rubber and the existing restrictions on:

They got the chance when Mr the Wilson

appeared before Economic Committee of the con- ference of Foreign Ministers of 31 American Republica. Mr Wilson sald the United States was letting defence contracts at the very satisfactory rate of $5,000,000,000

per

month, but military output would require the diversion of materials from of civilian the manufacture goods until about 1983.

The Latin delegates imme

with a diately Mr Wilson

The size, speed and tonnage of merchant ships to be built or acquired by Germany;

The production of primary aluminum, synthetic ammonia, chlorine, styrene

and certain machine tools;

The capacity of the synthetic ball and

deries of proposals, mostly in-rolier bearing Industries volving United States financial ald for their

Dr countries.

Gustavo Polit of Ecuador said financial help for Latin US. America would be good econo- mics and excellent politics.

Ecuador had a vast supply of sulphur 99.9 percent pure and he urged the United States to provide machinery to handle it thus relieving the acute world Latin America "could shortage. give the United States all the raw materials you want if the

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via United States would just give us

SAN FRANCISCÓ, LOS ANGELES AND PANAMA.

NEXT SAILINGS

M.S. "TREIN MAERSK”

M.S. "PETER MAERSK”

M.S. "LEXA MAERSK"

MS. "LEXA MAERSK"

M.S. "SALLY MAERSK” M.S. "CORONA”

ARRIVALS FROM U.S.A.

Apr. 19

Apr. 30

May 15

Apr. 29

May 8 May 19

the money to build railways to get goods out and process them more cheaply than you can in the United States",

Dr Polit also asked for slot mille in Chilend Brazil and in Mexico and textile plants Brazil

BOLIVIAN PROTEST

con

For Freights and Further Particulars please apply to:-ditions and their very life might

AGENTS:

JEBSEN & CO.

Pedder Building

Tel. Nos. 26661-8.

FELIX ROUSSEL

will sail for

MARSEILLES

VIA

MANILA, SAIGON, SINGAPORE, COLOMBO,

DJIBOUTI & PORT SAID.

ON

Friday. The 6th of April, at 1 p.m.

Passengers are requested to board the vessel with-- their cabin baggage on Friday the 6th April between 10 am and NOON,

Baggage Room and Hold Baggage will be regis- tered at Kowloon Godown No. 50 (No. 2 Gate Canton Road, Entrance) on the Thursday 5th April, between 9 a.m. and NOON and 2 p.m. and 4 p.m. Imperatively. No baggage will be accepted for registration after this time.

CIE DES MESSAGERIES MARITIMES Queen's Building

Tel: 26651 (8 Lines)

M.V. "TRESILLIAN" Loading on or around April 12th.

for

CHITTAGONG

For freight & particulars apply to MACKINNON, MACKENZIE & CO.

Tel: 27721 -

Invites your nuovort ta helping to

train the: Hongkong, oftizens of to-morrow. Bbscriptions atould be

rubber

It also modified the control over the

the backbone of tronio valyoduction of elec- radar and the radio industry.

The

three-power decisions were embodied in a new agree-

ment replacing that signed by the the Military. Governors of three Western Occupation Zones in April, 1949.

ATOMIC CONTROL The new agreement laid down

the High that

Commission should have control over all stomic energy development and materials.

WOOL, PRICE CONTINUES

TO DECLINE

Melbourne, Apr. 3. Fing wool dropped a further five per cent at the second day of the Mol- bourne wool sales today.

Prices have now dropped 10 per cent since, the series opened. Brokers attributed tho fall to the withdrawal of American buyers.

HONGKONG

SHARE

MARKET

Business on the Stock Ex change during the morning

R. I. L

ROYAL- INTEROCEAN

SINGAPORE JAVA PORT, and ..., /o MACASSAR "TJIWANGI JA **TASHAN***! "VAN HEUTEZ”,”-

*TJITJALENGKA"

ARRIVALS

In Port .In

Port'

'. 10th Apr.

.127th Apr.

* only to Bingapore: Penang & B. Dell,

*** only to Singapore,

MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA "STRAAT BOKNDA” **TKGELBERG“

**TJIMENTENG”

JAPAN

"STRAAT BOENDA" ***TEGELRERU

“TJIMENTENG"

ARRIVALS

5th Apr. 5th May

ARRIVALS

7th Apr,

LINES

SAILINGS 8th Apr. 4th Apr.

16th Apr.

1st May

SAILINGS

9th Apr. 8th May

SAILINGS

6th May

8th Apr†

8th May

totalled $308,893.50. Noon rates Agents: HOLLAND EAST ASIA LİNE

were as follows:.

:

SHARES DUYERS BELLERS BALES GOVT. LOANS

336% (1940)...... 03*`130,000 * DE BANK

KK Bank +1380 1363 * 40 @ 1300*

INSURANCES

Union ... 720 725 Underwilters 3.20 IK The XD. 130 $

SHIPPING

Asia Nov DOCKS, ETC.

•

73

X. What XD N. P. Wharź 4.50 0.20 Dock XD

123 Provident XD 10.30 2.90 Shal Dock Whoslock... 2015

All prices are still relatively high and many fleeces are still Unless authorised by the High selling at well over 100 pence, Commission, Germans would be per pound. Sixteen bales of LAND, ETC. prohibited from manufacturing conctack fleece brought 20714C Hotel XD 5.70

or handling a long list of millt-pence per pound,

tools

for

ZEK Land XD

8 had Lond. UTILITIES

Trn XD

Peak Tram

E

(old).....

Star Ferry ..

*

141370

30726

EUROPE via MANILA and MALAYA

"ALMKERK"

"LANGLEESCOT” "ARENDSKERY”

Through B/L

issued to

Modiþorranean and Northern

European Ports,

JAPAN

تنها

SAILINGS

ARRIVALS

15th Apr. .18th May

18th Apr, Mid, May Mid. June

ARRIVALS

SAILINGS

"ALMKERK". ↑

17th Apr.

100, 24

*LANGLEESCOT” +

Mid May

18th Apr.

"ARENDEKERK” +

Bild. Jung

24th May

30.001iaf, "1000 o

100

Sage ม

ནང་

C. Light (0) 0.10 3.20 3900 @ 0,15 0.10 C. Light (B) 570- 5.65 1000 5.0 922 @ 0.70 Electric XD 2336 2614 500 à 23% Telephone 1032

500 10.35

לא

Corment STORIS, ETC;

Dairy

..11 Watson XD

Dwo

ary equipment, including wea- Bradford took the load in pions, military vehicles, war- buying followed by Australian

aircraft, mills. Associated Press,, ships, and submarines,

designed machine

US SPECULATION Bolivia by implication pro- military production, explosives

Washington, Apr, 3, tested against the big United and certain chemicals.

A Defence Department an-1.

the American States synthetic rubber

The Allies will maintain cou-nouncement that pro-

use 15 the trol over the productive capacity Armed Services would gramme, explaining that

wool led to people of the Amazon region of steel, shipbuilding, synthetic per cent leas raw

that more rubber, petrol and oil, and ball speculation today miserable lived under

'drastic measures to fight the if the

Allied officials explained that high price were being consi-INDUSTRIALS be threatened

and roller bearings.

markets collapsed,

production in the purely military dered. Mr Wilson answered Bolivia's field, atomic and jet propulsion complaint by saying the United and primary magnesium was States' synthetic programme was still absolutely barredReuter only

GERMAN COMPLAINT a temporary measure to

Bonn, Apr. 3. meet the present emergency.

The vast German production As for Ecuador's. sulphur sug- gestions, they should have very machine had the official Allied quick

and serious consideration go-ahead algoal today to turn potential products "If you have sulphur and out war there is a world shortage, you which for the should

not have difficulty had been "verboten,” “x. years: getting the money

the relaxation you need," Disclosure

simultaneously came almost he added,

This was the last day of con- with a blast by the Press sex- ferenco Comialties work. Voten vice of Dr Adenauer's Chris-

expected

tion Democratic Party, which measures

Allied which could have far-reaching complained about the

small concessions” effecta the Latin Amesi "gystein of can economy-United Press, to Germany. The Press service

were

on

વા

Inst

The Defence Department said that more synthetic fibres such as nylon and orlon, as well as COTTONS lower grades of wool, lighter woollen materials and

re-pro- cessed wool, would be used to make uniforms and blankeis- Router.

London Stock

Exchange

...London, Apr. 3..

1115

17 100 @ 17%

2.00

Cotton Again Plunges

New York, Apr. 3.

Now: crop cotton futures to- day dipped to the lowest level

The London Stock Exchange since the resumption of trading was quietly firm today, Breweryn March 8.

Tho -market" "opened We Germans realise with a shares advanced sharply on footing

said:

of grief how fast things hopes that the new Budges win ohanged to off 9 points and there.

after moved irregularly loweri

Grain Prices in the Far East for a cut the high tax on beer. Leading sunl prices showed May un-

Go Lower

Prices of grain futures closed today generally lower with wheat off 14 to 11⁄2, as follows:-

Wheat-price per bushel Spot May

2.40

2.50

defeated country while there is tobacco and engineering

also finished with good gains,

Front-taking shoved actions off the price of British Govern-

changed at 45,39 and ceiling prices and other deliveries off

to 44 points, Prices

July

no getting ahead in Europe, cspecially as far as Germany is concerned, The hope is that Western policy will soon aban- ment bonds after early strength, Calcago, Apr. 3.

Japanese bonds were up a follows:-*: inadequate small-coners- don

slacked off later. The 1907s closed May slons and apply the generosity point or so at one time but spot needed Lor making Europe

Western at 61, up, the 1910s at 45, October the in powerful

michangod, and the 1940s at 8315 December

Maruðu (1987) world."

The job of revising the old

May July agreement took six months and was done by a tripartite intras

NEW ORLEANS MARIET governmental study. London which finished the pro- 18135-10ject in last-minute consultatione with Allied officials here, Tho Allled announcement stild the agreemat junked the old Heena- Ing system on making certain

July

September

December

Corn

Spot

May

July

September

1,801

Deco

May

July

May

2.7031

1.0034-46

1.0315

DIK

July New York Bour-per 200 ib. sack $13.20-United Press.

Copra Price Down

New York, Apr. 3. · Copra was offered at $200 per ton, CIE the Paclio codat, down 2.50. Prices for cocoanut oil were quoted, dt' 20 cents a pound, FOB, mills, down cents-United Press,

Finarreial Times' Index: 121.9.- Associated Press.

TIN MARKET

Spot

DECLINES

May July October December

May

London, Apr. 3.

Prices of din dropped at the March (1953)

but steadied July

machine tools with potential morning session, war use, but the Allies retained at the lower level. Turnover the, right to demand reports on was 50 tons, including 20 tons destinations of exports to guard for spot. against their going to

Prices closed today at the

closed

today, he'

7

40.00 TOT

45.30 f

44.75

40.12

30.50

39.32

39.09 nominat

38.73. nominal

United Press,

Closing rato

April 3.

44.91

45.59 bia

44.70

40.00

39.30-3240

39.33 bi

38.59 bid United Press.

† via Manila,

2

ZEKINGS BUILDINGHONEST2015210528017.

ZZOUNSELBENES OLEONNAUGJETEROVADESETIS ANNEQUAL

IVARAN LINES

FAR EAST SERVICE

For New York, Baltimore and Philadelphia

vla

Japan, San Francisco, Los Angelos and Panama

in 38 DAYS.

m.v. “LISHOLT”

..... Salls about 21st April 1951

Also Accepting Transhipment Cargo for West Indies and South America

For farther particulars' apply

WALLEM & CO., LTD.

Agenta

Hongkong & Shanghai Bank Building Telephones:-88041—5 -

PATTISON ORIENT LINES, LIMITED

12-14 Queen's Road, C., 4th FL

Tel. 25346.

Direct sailing to PUSAN

munist countries. Main pro end of the official morning London Rubber.. "LAURE · PATTISON”

Com-

those session as follows: hibillons retained Arc forbidding manufacture of mill- Spet, tin. buyers

Spot Un, sellers tary weapons and equipment Busidées done Atomic energy controls remain Three-monthe tin unchanged.

buyent Thus German

Three-months tin, atomle research is confined to

Bellbrenik medical flelds under Allied Harness, dono at

Settlement supervision--United Press.

Japanese Bid For

Raw Materials Raw

14

Futures

1,000

London, Apr..2. Prices

of rubber futures 1,200h 120-1,les closed here today as follows

Number 1 rubber, in cents

New York Sugar

Futures

J.

New York, Apr. 3.

per ip. May June

July/September

United Press

Due From:

Penang April 9th.

Sailing. Fors

Pasan (Korea), April 18th.

For: Freight Bates Apply to:

PATTISON ORIENT, LINES,

LIMITED

General Agents:

Mod sugar futures closed Exchange Rates CHINA, FORMOSA, KOREA, JAPAN; and HONGKONG,

today unchanged to 4 points higher, with males. totalling 60 contracts. Washington, Apr. 8.

Contract No. 8, closed today

Members of a joint mission representing the to a lower with males totalling Japanese Government and Gen. MacArthur's 327, contracts

Pricod closed as follows: Tokyo Headquarters have begun conferring with Contract Norworld)}**?,

15.43 traded Defence Department officials on Japan's, require my

Beptember ments of critical raw materials during the coming soo year.

PRESS

PHOTOGRAPHS by the Tokyo group headed Most of the cotton would have to

May

Spot

Japan's need for 28 strategia 1,800,000 bâles of raw cotton and materials; aro being presented 7,000,000 pounds of raw wool September

Contract No.

traded

led "Prews

this

• Tiefskrbily** was done in the loga unofficial exchange "market morning at the following rates Sterling goin (per R) • us. dollars per 31 Indonesia gulidaes (per 100) Born, Halal (per, 100) ** Singapore: (Biruita) PIC pisstres (por· 100)·

seria meglo Lung.

3,00

14:00

Chinese-Agent:

OVERSEA CHINESE STEAMSHIP COMPANY, LTD.

48 Bonham Strand West 1st Floor. Tela: 26127 & 81119:

Pacific Far East Line, Inc.

Fast Regulár Trans-Pacific Service

-“BÁN: WRÂNCISCO) LOS ANGELES

New York.” Adr^3.

otations:

by Harry Breen, special assia- coma from the United States but cants: to the chief of SCAF wool would for the most part NEW YORK BANK| seonomic scientile section come from other sources such as

QUOTATIONS Coples of photographs The leader of the Japanene Australing d

part of the delegation in Taklo, Antixă States materials which

director

of the Intertii::|

Industry to cotton, stickel, synthetic cub- ber, bennine, bldos, calf, and kid Arinys calciais sold the siku, sabéstos, cotrast and cosion

the United Hint

(delogo

went 10%/The. Hon. Treasurer. The taken by the South China Qo0 Trade and Induetes Psyfan rbeda 'include, in''addition,

Boys and Girls Clubs Association

Centre

· Southors ® Playgen:nd," Wanchai..

For further Information please tolophonë 'thä' Becretary (23013);

· John Ambulance

Morning Post, South China

Sunday Post-Harald, China Japanci org-In Mall and Hong Kong,Tal

month of ther

OVERLAND:

NEW YORK CHICAGO DETROIT-TORONTÓ MONTREAL AND ALL AMERICAN & CANADIAN

From

Arrivag

Balle

Apr.

Yokaben

to the

Mornings Du