Page
•
ROYAL
`LINES
R.I.L
INTER OCEAN.
SINGAPORE JAVA
PORT-and
MACASSAR
"TASMAN"
"TJIWANGI"
"VAN HEUT9Z"
JITJALENGKA"
ARRIVALS
In Port
13th May
22nd May
31st May
ARRIVALS
13th May
.15th May
+ not calling at Slugspore,
MANILA, EAST &
SOUTH AFRICA and
SOUTH AMERICA
"TEGELBERG"
TJIMENTENG"
"KUYS"
"TJIKAMPER"
JAPAN
"TEGELBERG“ "TASMAN"
.17th May
ARRIVALS 15th May
„Early June
"TJİKAMPEK"
"VAN HEUTSZ"
TJIMENTENG"
"RUYS"
4 vĺa Manila,
Late June
.Early July
SAILINGS
Early June
17th May*
5th Juhd
SAILINGS
17th May Late June Early July
SAILINGS
10th May 19th Mayt 23rd May 31st May
Mid Juno
Agents: HOLLAND EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"LANGLEESCOT"
"ARENDSKERK"
Through
B/L ned
40
Not calling at Manija
Mediterranean and Northern
European Paris,
JAPAN
"LANGLEESCOT"
ARRIVALS
17th May
SAILINGS 20th May* 12th Jone
SAILINGS
ARRIVALS
18th May
.. 10th June
22nd Mayt
+ via Manila,
"ARENDSKERK”
KINGSBUILDINGSTELIOSUSEUMSETO
STATES STEAMSHIP CO.
S.S. "COLORADO"
LOADING ABOUT 10th JUNE
FOR
VANCOUVER, SEATTLE & PORTLAND DIRECT
DODWELL &
Agents
American
CO., LTD.
Tel: 28021/6.
Reaction
To Economic
Of Britain
Survey
New York.
A lending article in the "New York Times", dealing with the British "Economic Survey 1951", gives an interesting indication of reaction to the survey in the United States.
In the course of the article it is stated:
this
In
THE CHINA MAIL, TUESDAY, MAY 8, 1951.
Page
HK Gets 100 SHAWCROSS DISPOSES OF MESSAGERIES MARITIMES
BIF Orders
(Our Own Correspondent)
London, May 7.**
Textiles and unbleached : linen
were the main features In demand af Hongkong's Britlakt
dustries Fair stand today.
No fewer than 100 "orders were placed, chiefly from Egypt and Scotland. Business continued brisk throughout the day.
U.S. FIGHT
AGAINST
INFLATION
Washington, May 7. Mobilisation Director-Charles E. Wilson asked Congress today for stand-by authority to pay Federal subsidles on food and farm products to forestall any lng. In defence production.
Along with this request, Mr Wilson cautioned that the worst shortages of materials and the| biggest threat of infintion are
yet to come.
The mobilisation chief ap- peated as lend-off wliness before the Senate Banking Commitee in opening the Administration fight to extend and strengthen Federal inflation controls.
Even before Mr Wilson tesil- ned, the Committee, meeting behind closed doors, at least
temporarily sidetracked Presi deni Horry Truman's proposal for rent controls on stores, office space and other commercial properties.
Chairman Maybank (De. mocrat, South Carolina) told newsmen the question will be question will be left until the end of the earlhgs If it is taken up at all.
|
GENERAL MACARTHUR'S
ATTACK ON
ON HK
(FROM OUR OWN CORRESPONDENT)
London, May 7. Mr Winston Churchill in the House of Com- mons this afternoon following the explanatory statement by the President of the Board of Trade on trade with China, asked Government to close
HONGKONG SHARE MARKET
Business on the Hongkong Stock Exchango this morning. amounted to $387,230.30. The
SHARES BUYERS SÈLLÈRS SALES GOVT. LOANS.
(1948) BANKS
down immediately suppiles of rubber to China.
"Wouldn't it be better to stop it altogether morning's transactions and noon now," Mr Churchill asked, "with the aim of placat-prices | ing our great ally?”
The Opposition leader's] questions followed detailed) figures Sir Hartley
by Shawcross, the new Presl- of United Kingdom exports dent of the Board of Trade,
to China, and Hongkongʻa exporta to China...
Much of Sir Horlicy's state- ment Whe accepted by all MPY to disposing of General MacArthur's attacks on Hong
kang's trade.
But members
of the Tory position seized on the had gone to Chins in the first slon thrat 40,000 tons of rubber three months of this year.
Since April, exporta" have been cut down to 2,500 tons month.
NY
COTTON
MARKET
DECLINES
New York, May 7, Colton Lutures were lower inchiced by favourable crop today. Scattered liquidation was reports and higher cotton acreage
cos.
Futures closed unchanged to 45 cents a bale lower.
Mdy July
October December
Merch
May
д
July
October
Strongest Tory question was why China should continue 20 obtain 2,500 tons 'n month--30,- 000 tons a year-after having Put to their military stores 40,000 tons in the first quarter
of the year.
IX DEFENDED
Generally, Labour MP's de- fended Hongkong's China_trade.. They asked what were, China's major exports Hongkong.
Mr Wilson also told the faw- makers that speculative trading in the commodity markets should be controlled in approxi- mately the same way that stock
In answer to this it was re- market dealings are regulated.
vealed, for instance, that China's In brief, the proposed
sub- exports far exceeded deliveries Sub- aldies would
cover
the and included (1) produc- to Chinu tion of materials high cost rare mineral tungsten. sources, (2) high cost proCESSTM
ing of farm commodities,
Such
The Tories did not call for economic Sanctions specifically
as meat packing, and (3) tem--the only MP demanding that
porary increases in costs of pro- duction, distribution or wan- sportation.-Associated Press.
Silk Centre
For Foreign
Buyers
London, May 7. Being opened shortly in Lon don, for the benefit of textiles buyers from overseas is, a Silk Centre. This Centre, which is at the premises of the Silk Rayon User: Association, in Park Lane, is designed to serve as a centrepoint for information alt any aspect of Beltain's silk manufacturing and merchanting į industry.
was an Independent, Mr Ray- mond Blackburn,
Mr
Blackburn reiterated loudly his demand for total suspension of China trade with the plea that men were making
Middling spot
45,30
KK Danis East Asia INSUILANCES
Union XD.. Underwriters SILIPPING
2000 @ 90
10 @ 1330
103
119
1500 → B
A
11,000 g. 1.03
72 75
12.25
5.70
S'il Land 1.10
000 @ 1.30
UTILITIES
Asin Nov. DOCHA ETo
K. Wh N. PL. Whart Dock
Wheelock.... LAND, ETC.
Hi Hotel
Trem.....
316 12
C. Light (0) 0.10
C. Light (N) 31
C. Light (3.) 6.75 6.55 2500 5.50
.
Electric
Tel XD
INDUSTRIALS
Cement... 10
44.93 nominal
70,30
38,73-74
31.07
30,47
38.10 non.ina)
30.07 bid
Rope STORES, ETC
Dairy Watson
$0.00 nomina! unchanged —Associated Press, NEW ORLEANS MARKET
New Orleans, May 7,
Catlon futures closed steny changed to 40 cents a bale
lower.
May July October Decertyber March
45.30 bld
44.82-93
39.19-20
38.03
38.00-61
Spot catton closed steady and unchanged at ceiling prices, Sales were nine bales.
Middling 44.91. Associated Press.
Fractional
Losses On Wall St.
New York, May 7.
profils endangering "our boys'' Prices moved lower by frne- lives.
Hong to around US$1 on the Comments of that kind were stock market today but little former volume accompanied the de- embar-clas A recovery move which Conser-gut under way late in the se
1}1 received by his Labour colleagues and rassingly heard by the vatives.
Big Cuts
In Nickel Allocation
sion did not have enough, zip to lift the market out of the losing side of the ledger.
840
340
2000
B3%
200
J
200 @ 12.10
WAY
MOM
ARRIVALS
“LA MARSEILLABE frota Japan
BAILINGS
PASSENORE/FREIGNT SERVICE-
"LA MÁNIKILLAI88" "FELIX hotiskt/
"RAINT VALERY" "BRIANCON"
18th May
td Marellies ta. Mazda Tra đi
to Maristiled
FREIGHT SERVICE
-N. Afrion & kúropa 2314 fday ..N, Africa & Europe 33rd June. for
FORT BAID, TUNIS, MARSEILLES' ALGIERS, OBAN, TANGIRÉ, CASABLANCA, HAVRE, DUNKIRK, ANTWERP & ROTTERDAM,
CIE DES MESSAGERIES MARITIMES Queen's Building Tel. 20861 (Thres- Ízines)
Cranford
10,000 + 10%
201
B000 1015
1000 105
12
13 1215 101% 1714
2015 200 25
MAERSK LINE
PAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTI MORÉ & FHILADELPHIA, Via BAN FRANCISCO, LOS A NGELES AND PANAMA.
NEXT SAILINGS
M.8. “LEXA MAËRSK”
ARRIVALS FROM U.S.A.
The Rubber
Markets
London, May 7.
Prices of rubber futures closed Number 1 rubber, in cents here today as follows:-
per lb. June
......
July/September
October/December
January/March
4931400/4
497-004
4914-
40-4555
474175
-United PrËSE.
SINGAPORE MARKET
Singapore,,May 7.
Prices of rubber futures closed
here today as follows:
Number 1 rubber, per lb.
May
17711-128
June
174424175
Juny
17X1G-X73
Number 2 rubber. May $717-7MIL Number 3 rubber, May 171-13
M.B. "SALLY MAERSK"
M.S. "CORONA"
M.S. "CORONA”
M.S. "ANNA MADRSK"
M.S. “GRETE MAERSK”.
May 16
May 31
June 14
May 19
June
June 23
For Freights and Further Particulars please apply, toim
AGENTS:
JERSEN & CO.
Pedder Building
Number rubber Marc PENINSULAR Spot rubber, unboled 179-179 Black crepe No. 1 pale crope
14315-2401 190-200
-United PrEPS.
LONDON TIN MARKET
London, May 7. Prices of tin fell a bit but the market was steady. Turnover
100 tons, Prices closed
Foodio television and mall or- der house stocks were especially prominent in the Late upward swing.
The volume Was around 1,600,000 shares as ac-
ivity developed at intervals. was
Rails, steels and motors fed at the end of the official morning the market downward. Most session as follows:- traders viewed the losses do Spat tin, buyers. nothing more than a bit of Spot in poliem, profit-taking.
Business done at curb market followed the Three-months tin, sellers The
Three-months tin, buyers weakening tendencies, but most Business done at Washington, May 7. Reflecting
increasingly of the changes were fractional. Settlement It is also planned to hold a serious nickel shortage, the the bond market, corporate
Government today
smail displays covering fashion fabrics, sharply the amount
cut back lines tended lower by
of nickel margins.
U.S. Government men's wear, ribbons and hosiery that may be delivered this
hold steady, Trading throughout the Festival of Bal- month to products of defence was light, tain year in the main exhibition hall, which
ninierials, overlooks
Hyde Park. The Centre also houses
7072 | fals,
succession of exhibitions
and
The
sin
as well as civilian
National Production
Dow Jones Averages: Blocks
95,04
20 Industrinis
241.23
84.47 42.37
15 Rails
10 Utilities
-Associated Press.
Cutting Board Of Plastic
SEPARABIT
Tel. Nos. 26601-8.
& ORIENTAL
· STEAM NAVIGATION COMPANY
R.M.S. "CANTON"
SAILS:
NOTICE TO PASSENGERS
1.140
1.150
1120
125
-United Press.
BAGGAGE
New York Sugar Futures
New Yoris, May 3. World sugar futures closed here today changed to 4 points higher, with sides totalling 321 contracts.
Contract No, closed unchang
ed to 3 points lower, with sales totalling 076 contracts. Contract No. 4 (word) MAY July
July
Bot
Peptember
Contract No. d
September
0.19 9.19 bid
31 nominaj 4.28
a library, claimed to be the Authority (NPA) said this is "Austerity was the accepted painful. Their main problems which will be available to bona for military and defence pur- most comprehensive of its kind, the rat time makers of goulia candition of life in Britain now are the purchase of war
fide inquirers. during, and since, the war anaterials, and the contral of
poses have been denied *heir Planned as generation
permanent full of the young has Inflation. The 4 per cent
requests for the scarce TOWN up without knowing any-
-feature the Centre will help to crease in production, needed to
metal. thing but strictly rationed food avoid an external deficit, de- overcome one of the problems The NPA order directs sup- of an industry distributed over pliers to furnish not more than and clothing, hard living, the
the pends on an inflow of key sacrifice of consumer goods at materials, and this in turn de-
several provincial areas. Other per cent of the amount of
New York, May 7. similar ports of call" in Lonnickel sought for defence orders home in order to earn money by pends on international conditions
A plastie cutting board that don for textile buyers seeking and bars civillan users from the lasts longer than the exporting them abroati By they cannot be sure of. Hence, polley of doing without, the
wooden help and information are the preview is blurred by un-
the taining more than 16 per cent country was able to
dispense
certainties.
International
Spot Wool Secretariat of the amount of nickel they cuting blocks crdinarily used with Marshali ald before the "Partly for this reason there headquarters at Dorland House, used on the average in the arse in meat packing plants has been
me expired, and to close is little disposition to blame the programme
Regent Street, W., and
developed here, thd
six months of last year. the
The new board can be used fiscal
year, ending this Labour regime for the added Rayon Industries Design Centro NPA said the cutbacks reflect for knife cutting, trimming, and month, with a favourable trade burdens the nation inust bear, at 1, Upper Grosvenor Street, rlising demands for nickel to fill boning mest. It lo balance, a budget surplus and The economic policy of any ad- W.1. (moving to new premises defence orders, Associated clean
easy to an increase in the gold reserve ministration will be dietated by
and does In the neighbourhood later
not harbour of £576,000,000,
the rearmament
bacteria. programme. the year) which is under the
echoes
The board is made of a com- Rayon "In normal circumstances the Nor do we hear many eet
auspices of the British of last year's
bination of a new thermoplastic population would be entitled |
complaints that
and Synthelle Fibres Federation. the United States is
material and buna-N synthetic to relax from the long strain
is forcing the
The Hosiery and Knitwear Ex- and look forward to a steady pace. This time the British are
port Group maintains of living. Soviet Government
pretty generally aware that tho
premises at 32, Savile Row, W.1. In normal circumstances, for
is respon- for
Expected to be open shority is that matter, the whole Westernsible for the threats that keep
the Fashion Industries Club at World-might, today, be-on-the-ling down to the ways and rest of the world from sel-
70-Brook-Stroot, W1which. eve of spectacular renaissance works of peace. They know
will function as a service and and creativeWo
for of prosperlly
in London meeting place that austerity must be the rule, as things are, of energy. But
of
OVERSETE as the survey makes clear, until
buyera of fashion course, there is no such prospect
goods and their suppliers in leaders aro for
of us. Great Britain "the Communist hany
s convinced that the Western Britain.
year in the Eco-
rise in the standard
has a preview of what she may Powers are impregnable"."
expect this
nomic Survey issued by the
on
in anticipation of the NEW YORK BANK
tation of the new budget]
April 10. The
blenk
ne survey gives
forecast of the effect
en prices, output and food sup
plies of a
QUOTATIONS
three-year military 100,000,000 mounting to £4, ale of America 271 bld. 2034 asked.
programme
New York, May, 7, Bonic quotations::
Chose National 35% bld, aTIS METEO. 43% bld. 459% naked,
ociated Press,
The most it pro-National City mises is the maintenance of the present
hard-won
solvency at
the cost of more hardships, further sacrifices and, at bert,
a slight drop in the living level.
NANDER TIMES
Copra Pricos
in
Press.
rubber. London Grain PricesAccording
Decline
to
the United States Rubber Company, deve- loper of the now board, ordin- bry maple cutting boards must be replaced every three months whereas the plastic board will last a year. Chicago, May 7. Grains slid lower today de
8.79 $raded
3.774
United Press,
Pepper Market
Dullness
SATURDAY the 12th MAY at 5,00 p.m. for the UNITED KINGDOM vỉa 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, CAN- ́ TON ROAD ENTRANCE by NOON on FRIDAY the 11TH MAY,
*
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 slings only.
EMBARKATION: Will take place on SATURDAY the 12TH MAY between 2.00 p.m. and 4.00 p.m.
NOTICE TO CONSIGNEES
die bas MENSAGERIES MAREPIMKU
Canalghout,per Company's my, “LA MAHUBILLANK"
New York, May T.
are hardby, notified, that their enega Is being ditarged into the Hong- The black pepper market re kod Newloors, Whard de Coñower mained dull and softer in tons coa, godovina, When it will be at while traders continued to-be-Conway and wabing to the
Where's teritis and. puzzled over the interpretation store and where of the Government's new im- port price regulation,
Nominally, the
a timid rally toward the Textile Market quoted at 1.03 a pound, on an
spite
losses. The world situation
close reducing the largest
seemed to be the main
London Stocks fluence.
Irregular
meagre,
higher. May July
・
Grain nows itself was
Quiet
market wa
ex-dock basis.-United Press. -
Exchange Rates
this
15.70
4.115
Now York, May, 7. Wheat closed lower to 16. The cotton textile market was quiet today. The industry still $2.44%-% walled announcement of speck- Business was dark
2.4034-40 de ceilings on cotton-goods by at the following rudesk!—–
in the local Unofficiaă- sexchange mREKKER 2.40 the OPS. There was a better sterling note (1) 2016-01 interest in the popular 80 square U.S.Golars P#131) 2,02%
print cloth at 25 cents a yard - Indonesia gutiers, (per 100) 3.90 % lower to but hills were not inclined to fame pork (100)
sell.
Simpsons - (15/fella) 01.7957
FIC plastres (pot 100) The wool goods market was
MOT
London, May 7. September The London Stock Exchange Deccinber
Botes March closed on an irregular
Werd Corn was today. Early dealings active, featuring industrials, higher. olla and Kamrs.
Trading slackened and issues Oats. were M434 higher. New York, May 7. which had been favoured car-May
084-14 Prices of copra were quoted der were majected to prößt=|- Rye was unchanged 14 nomitally at $330- per short talling, Governinent bonds were higher. ton. Coconut oil was offered, quiet throughout, and slightly May, at 17-2 cents
Where changed.
་
in à state of suspense, over failure by the OFB to issue now. pricing ortiers for the industry on Friday of last week. Boybeans weto 9% lower in
Hayon, goods, ✨waro - siondy BRENDA KWIth print: fabrion, attracting $515%-14|| mare aftetition. ** Agidesited -Associated Press, Pr
a pound,UNOFFRE anclas Timer daily 14% higher,
dealer Indicated that, business
"The prospect of harder times is wit.pedullar to the British, but to people who have stood The finds so long, lightening might be done on a bid of 1744 Index was 137.36 N6W 1981 September
must be peculiaily, cents-United Press.
high-asociated Press,"
$700
39.00
Exchanges In NY
New York, May:T. Foreign audifatig trac ( Corada: Halghum Others 4inchan Freu
conditionat delivery day be götained. di 1000 na tite goods are landed.
Dunajod packages are to be left in the Dodowne for examioni b Consignres and the Company's alri vedors, Moses Goddard &. Daugias 10 10 1.10.06. Thursday, 10th May,
To eventi with the Generat Bonded Warehyung. flequations
Oficeri in attendance ́Whats -- therĒJA owed dutiable goods are exchatlined.. Nu ciapina will pe "admitted after the goods Zikro, fefs, Size (aloussere rodown and pel goodies gemening
signed on or before, Bin MayJENT, Lor they will ens be recounted
Hongkong, 5th May, 1901/6,
to
+
Based on available státia. tien-16_to_datimated_that_in: Hongkong the death Fafe from tuberculosis per 100,000
101.
Notiteations of the disease for the year 1940 reached the grim figure of 9,207.
The Hongkong - Anti: Tuberculosis "Association is doing its utmost, to cope with this mendon, and "ię ta estimated that nos tera than
- $500,000,00 "will be required for the
coming star, karte
In the paat, public" rez- ponas has been chati Statify• ing and the Assertion Karvastly (Erista – that the masture of financial support: Složil mod only be malulkhied,“ but increased to rea boletha: "Videa of mani khow-
Give that they
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