Page
R.I.L.
ROYAL
INTEROCEAN
Date
la Port
in Port
In Port 14th June 5th July 10th July
Ship
"TJIMENTING"
"RUYS"
"TUWANGr"
ARRIVALS
"VAN HEUTAZ”
"TJTJALENGKA"
"RUYS"
"THMENTENG"
"VAN HEUTSZ"
TJIWANGI"
16th
June 17th June
22nd June
3th June
10 July
381 July
"BUY"
Dats
16th June Early July End July Mid August
19th June Early July
End July
Mid August
RUYS"
LINES
From
Ameries, R. Africa & Singapore. 8. America, B. Africa, Bingapore
Balkon.
MACHANAT, JAYn Ports & Singapore. Japán
Macassar, Javs Ports & Bingapore Japan.
SAILINGS
"TJITJALENGKA"
To
Japan via biabila,
Singapore, Penang Bel. Dell, Singapore, Jaya Ports & Macazat. Japan.
Singapore, Java Porte & Macan Mantia, Singapore, Africa, & 6.
America.
Agents: HOLLAND EAST ASIA LINE
ARRIVALS
Ship
"KIELDRECHT" "KIELDRECOT" "AAGTEKERK** #AAGTEKENK”
"KELBRECHT" **KJELDRECHT"
"AAGTEKENK“
“AAGTEKERK"
From
Europe & Singapore. JADAR.
Europe & Ringapore, Japan
SAILINGS
To
Japan via Manila. Manila, Bintapore & Europe. Japan via Manila
Stanila, singapore & Europe
ASIKINGSSBUILDINGSTELEPHONESAURITO PRIZES
Wage Raises For French Seamen
Paris.
An agreement has been made by the Central Committee of the Shipowners of France and the various trade unions, representing the officers and ratings in French ships, involving a uniform in- crease of 10 per cent on the salaries.
The National Federation of] Maritime Trade Unions signed
the
Con-
agreement simultaneously with the shipowners; the other unions,
the including federation Generale de Travail Communist controlled
the right consult further with their headquarters and members.
union-reserved
to
The agreement applicable to ail shipping, except that
coastal trade i engaged in the
and in towing services. It is applicable to all normal hours
FALL IN
UK STEEL
OUTPUT
London, June 14. Britain's steel output has fallen below last year's
of work and includes remunera- levels, and important steel-
tion
for overtime and coin-
pensation for victualling Inundry.
THE CHINA MAIL, FRIDAY, JUNE 15, 1951.
Rubber Dealers SUBSIDY LAW TO Anti-Trust MESSAGERIES MARITIMES
Stumped
Colombo, June 14. Rubber dealers here with orders for Communist Ching were trying today to charier a Pakistani skip to carry their goods to Red poris.
Denied British and Aus- tralian vessels which they once used, because of ant embargo on rubber ship- ment to China, Ceylon deal- ets contacted the Pakistan Steam Navigation Com. pany's steamer. "Pakistan
Proiress", anchored In Colombo.
Agenta of the steamer confirmed that they have asked thelf head offce in Karachi for advice. The steamer, normally piles be- tween Karachi and Chitta- rong in eastern Bengal.--- United Press.
IRREGULAR
DECLINE IN
NY COTTON
New York, June 14,
Good crop news and poor dry- goods trade news brought an irregular decline in
colton ton prices, Covering by day traders and New Orleans operators and small trade demand for old crop July delivery steadied prices at the close. Ring observers said outside speculative interest was small with most business originating among professionals.
The market opened unchanged to 14 points lower, dipped to losses of 20 to 42 points and closed four points higher on July delivery.
Spot
40.00 nominal 44.54-44.55
July
October
December
37.10-37.12
March (1932)
37.10
May July
37.02
16.47 nominal
October
34.82 bid -United Prem.
Closing rate Juno 14,
NEW ORLEANS MARKET
Spot Juty
October
December
March (1962)
May
July
October December
44.91 nominal
44.40 ble
3721-37.22
30.09
3707 bid
31.01
30.62 bid
34.30
34.45 bid -United Press.
SUBSIDY LAW TO
SHIPYARDS
IN FRANCE
Reconstruction Of The..
Mercantile Marine
Paris.
Details of the law covering the aid to be given to French shipbuilding yards were laid before the French Assembly by M. Gaston Defferre, Minister of the Merchant Marine.
The Assembly referred it to the Merchant Marine Committee, before whom the Minister ap- peared and gave his views upon the main features of the law.
These are: the tax bdditional to busincass turnover, the establishment of the scales of contribution to the yards, the charge upon their
profits, and distribution of the the
Hon. Communist amend- were all defeated, and the measure in its entirety was approved by the committee by 18 votes to by the deputies of the Republic, Council It
.
The scales of allocation would be periodically revised for two main reasons. Firstly, it would be necessary to take into account France economic conditions in nnd abroad and closely the variations in cost of to follow
cowiruction in order to com- penente as exarily, as possible. tho margin between normal French costs and inernational It was passed be taken of the
costs. Secondly, account must Increase of Communist
Subs by the production end of the efforts
being made to reduce all in costs, enviinging n progressiun ከሮ in pointed out that adop-cluction in the scales of alloca- tion of the measure is only one tions, step towards reconstruction of the French Mercantile Marine. The scales would be based the dimensions of the upan It will be necessary *for the
their propelling new Parliament, shortly to be hips, upon
machinery, other installations, elected, to pass a further law |
upon a number of their be and authorising the amount to
its principal characteristics. They set aside as maritime credits," would vary
according to the, which Will permit French
Kners, ship-passenger owners to place orders for on oil tankers, cargo carriers, &6.
type of nage with national yards. Sums
-for the margin between have to be voted annually
French and international costs for this purpose.
would
sensibly with the vary The principal clauses as sub-types of ships. Special scales mitted to the National Assembly would be fixed for important
tre!-
of
1. Construction in France of reconstruction and repaira
The
has National Assembly, all sea-going ships of 50 tons gross and over, with the excep- also passed a mensure relating tion of ships ordered by the to economic and social appro- French Government, and priations. In a section provid- 1110 picaure craft, may be effected, ing for reconstitution of
commercial and fishing fleets, for the beneft of the Interested building yard, by means of a the appropriatlon Is, 31,000,000,- provisional contribution deter-1000 fes. (about £32,050,000). rained according to the charac- teristics of the ship to be built,
covered by the preceding
Weekly Bank paragraph
Statements
London, June 14.
The Bank of England state- ment for the week ending June 19 reads as follows:-
ALLOCATION OF AMOUNTS
Reconstruction and repairs carried out in France of ships
the
vi amount which is equal to or in excess of a
fixed by decree of sum the Council of State, may ke wise be effected by a provi- sional allocation, determined by the
of the work to be nature carried out.
The decision
to the of amount
ать
allocation
HONGKONG SHARE MARKET
Laws Violated
Washington, June 14.
M
"FELIX ROUSSEL”
The U.S. Supreme Court "EPINAL” found. Timken Roller Bear- ing Company guilty of con- spiracy with its British and French affiliates to eliminate competition in the manu- facture and sale of anti- friction bearings.
But the Court rule that
d. lower court decree requiring the American company divest
Timken need not comply with
to
Itself of its Interests in
the foreign companies.
a
America's highest tribunal by vole of five to two found the
guilty
of violating company United States anti-trust
Inws.
the
The vote company to keep a foreign holdings was four to three The Court ruled that the company making could not
continue price-fixing
agreements with the foreign companies,
district court in Ohio
Timken found
had conspired Пх allocate territories, prices, eliminato outside com- petition and maintain an inter- national cartel.
to
owns 30 per cent of the British company and 50 per cent of French Timken.
used the All three trade mark. "Timken."A$- sociated Press.
American Timken
Effects Of
Sulphur Shortage
London, June 14.
Anyone planning to redecorate
ARRIVALS
from Marseilles from Europe SAILINGS
M
PASSENGER/FREIGHT BERVICE
“FÉLIX ROUSSEL” "LA MARSEILLAISE” "LA MARSEILLAISE”
+
"AURAY".
"GRENOBLE"
"OUISTRENAM”
to Marseilles,
to Japan
to Marseilles
FREIGHT SERVICE"
29ri Jube 0th July
24th June 11th Aug.
3204 AUS,
N. Africa" & Europe 13th July ....N. Africa ds Europa 28tis July N. Africa & Europe' 12th Aur for
FORT SAID, TUNIS, MARSEILLES, ALGERS, ORAN, TANGIEN, CABABLANCA, HAVRE, DUNKIRK, ANTWERP & ROTTERDAM.
CIE DES MESSAGERIES MARITIMES. Tel: 26651 (Three Lines)
Queen's Building
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE, & PUÍLADELPHIA, via
SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
M.S. "COROÑA"
"ANNA MAERSK"
MS.
June 18 June 80
M.S. "LEISE MAERSK”
July 16
ARRIVALS FROM U.S.A,
MS. "GRETE MAERSK”
June 28
M.S.
July 19
Aug. 9
"OLGA MAERSK" M.S. "LAURA MAERSK”
their house may find that paints For Freights and Further Particulars plense apply to:--
are getting scarcer-particularly blue paint-because of the short-
age of sulphur.
Sulphur enters into. more items of daily use
many
then
out
did the yellow powder which, mixed with treacle, was grandmothers' sovereign remedy for spring allments.
Car batteries need sulphuric neide
So do tyres, for sulphur
is
is an essential ingredient in vul- canising processes,
Sulphur used for textiles. Artificial bres depend on it for their manufacture. A shortage
of sulphur means a shortage of).
rayon dresses and underwear,
Curtains
and
rayon-based
upholstery will become scarcer.
It will be more dimcult to dye
AGENTS:
JEBSEN & CO.
Pedder Building
Tel. Nos. 28661-3;
PATTISON ORIENT LINE
LIMITED
· SAILING TO NEW ZEALAND
frock because sulphur is 8.9. VALLES” LOADING HONGKONG JUNE 22 needed for dystuffs.
(From Our Correspondent)
а
Is
Business done on the Stock Exchange this morning
Noon valued at $250,908.45. prices and the morning's trans- actions-
Wils
Notes in circulation 1.340,075.000 made, in each particular case, 22,872,000 by the Minister of Merchant 175,240,000
Marine and, when it n
is 322,120,000 *****
question of work to be carried
Public deposits
materials
two weeks'
have
Private deposits Government securities
Duer securities
Recripts
and making
dropped to This is a scale for various defined zones of shipping. Zone supply, it was announced 3-defines shipping proceeding today.
beyond the limits of the coast The British Government is ex-- wise trades,
announce shortly its whether sailing pected to from metropolitan French decision to restore a system of port or from a French North steel allocations because of the
growing shortages. African port.
A
NEW RATES
The new monthly pay scale with, for some of the ratings In zone 3, the number of francs
for overtime granted parentheses is as follows.
In
Deck department, mate, mns- ter at arms, first carpenter and
Steel production in the first five months of the current year has been running 300,000 tong short of last year's 18,600,000 tons output, according to the British Iron and Steel Federation.
The Treasury warned that no more than 30,000,000 tons of steel could be expected this year, and
oil pumper, 22,710 francs (113It may well be less.
francs),
20,790 20,18
francs).
able-bodied seamen, Last year's figure was 10,300,-
(104 francs
francs), 000 tons.
The steel-making capacity in (00 apprentice 10,080 trancs
Britain this year is larger than the industry could Engine-room-Lending stoker before, and and greaser acting as stoker, produce nearly 17,000,000 tons,
franes (113 22,710
francs), but there are not enough raw stoker;
francs (100 materials for the job, the Trea- 21,300 francs), and bunker cleaners, sury disclosed-United Press. 20,700 francs (104 franes).
in all zones compensation for
victualling is at two different New York Sugar
rates, 500 francs to seamen
signed on, but not provided with
food on board and 440 francs
when on shore leave.
ITALIAN AGREEMENT
of the
World
Futures
New York, June 14, sugar futures closed
The Informations Sociales" here today unchanged to three International Labour points lower, with sales totalling Offer, Geneva, recently pub-120 contracts.
Contract No. 6 closed two to lished the scale of pay for sea-
with sales men on Italian ships. The scale three points lower, made
the new rates of pay totalling 411 contracts. retroactive to November of last July year, to be in accord with the September International agreement on sea- January (1952) man's wages which had been March signed by Italy.
Magy
640 nominat
Contract No. 4 (world)
7.48
7.48 trated
6.45 nominal
5.45 traded
5.40 nominal
0.46 tid
7.50
Contract No.
0.10
Gor
(1953)
'0,01 bk
8.00 bid
July By this agreement a mate re- September ceives 29,940 10 re, earpenter Spot
AB. 20,700
and July
apprentice (dat class) 14,250 Beptember Hire, and (2nd class) 11,070 ire,
January A leading stoker receives 25,440 March Hte.
July 040 reser and electrician 23, May
and bunker cleaner September
Spot
20.520 Tire.
The normal day's work, as agrood in
August, 1947,
has
been modified to eight hours New Ship
for the whole of the crew, ex- espt those on duty in the pas senger accomodat on in tho Kichens and on 'sanitary duftos,
LOAN REPORT DENIED
Colombo, June 14. --
The
5.43
Bark ratio
33.900.000 00.150,000 16.1
Unlied Press.
BANK OF FRANCE
Paris, June 14.
The Banks of France state- ment reads as follows:-
out for foreign account, by
It is used extensively in glass manufacture and also in process- Ing and developing films. "hypo" which photographer
the
amateur uses to develop his SHARES BUYERS SELLERS GALEB Olms is a sulphur compound. BANKS
IK Bank .. 1390 East Agla
concurrence of the Minister of Finance and Economic Affairs. 2.-The amount of the alloca tions provided by clause 1 is periodi- determined by scales
and cally established
revised Total god holdinga 101.440.870,950 by a Ministerial committee. Bight balances
Such allocations
be TC- May 160,771,076,430 duced by delays in abroad
the ship- SHIPPING Advance to currency
Frs.
stabilisation fund 448,000,000,000 building yards in the execution
Bils discounted in
France and abroad 306,061,623,709 Notes in circulation 1,638,307,340,405
Current
deposits
accounts
&
173,576,050.453 United Press.
LONDON TIN
MARKET
London, June 14.
of the work entrusted to them. 3. The shipbuilding yards are exempted from local taxation which is imposed ja addition to the turnover
tax,
4. The allocations to be made in accordance with clause to the Budget I are limited programme, and credits there- fore annually passed for the marchant
marine. At the end of
appropriate taxation
Prices of tin closed here to- an estimate is to be
day at the end of the official
moming session as follows:
Spot In, buyers
900
Spot in, zellern
DOG
Business done at
060
of the profits earned by a from the work resulting from the grant of a provisional allocation. There is then ap- Three-months tin, boyers 0271 plicable the following clause (in Three-monum thit, sellers 130 Business done
030-es part). Settlement
DEO
5. When the profits exceed ä United Press. per cent of the amount of turn- New York, June 14.
over arising from such work Prices in the metal market they are subject to a charge at closed unchanged
with
the the following scale: Fifty per following exceptions: Tincent of the fraction of the pro-
A (99,80 per cent Grade
or at between 3 per cent, and higher) Now York, per lb. per cent of the turnover and 1.18.-United Press.
75 per cent of the fraction of phont exceeding 6 per cent the
LONDON SHARE of turnover.
Companies
LOSSES!
London, June 14.
whose turnover does not exceed, within the period stipulated in this clause and the two preceding periods
FOR AUCKLAND & WELLINGTON.
108 1420
The transparent film used for i wrapping is also made by the use of sulphur
12-14 Queen's Road C.
710 730
니다.
INSURANCES
Union D.. Underwriters JK Fire... 100
Aila Nav
DOCKS, ETC.
K. Whart N. P. Whart
XD
Dock Provident LAND, ETC. HK Hotel HK Land X Bhai Land Humphrey's
UTILITTES
*
74
4.30 4.60
*12
10 1014
31
0,75
Zam
...... 9214
4. Light (0)
BID
20,000
2.000
12 500
1978 0.10 1412 à 0.00
500 to 0.5 21000 0.05
C. Light (N) 300 C. Light (B) 0.79 3.85
Telephone INDUSTICIALS
Tel: 25846.
Rubber gloves are other com- NOTICE TO CONSIGNEES | NOTICE TO CONSIGNEES modities which need salphur for
their production.
One bright spal: Fertiliser
сп
firms which relled formerly
sulphur have found alternative
Connees per "BENGKUACHAN"
materials-London Express Ser- | are hereby notified that their cargo
vice.
Grain Prices
In Chicago
Chicago, June 14. Prices of grain futures closed here today as follows:- WHEAT-price per bushel. Epot
24014 July September December March May
"CORN Spot July September December March
3333.00 5,00 0345 6.35 GOG 5.80 200 4,80 078 Ø 4.23
015
Cement Ve... Rape
2015
RTE
123%
Juts
stones, ETC.
Dairy
2234 2234 200 – iżu
*September DATE
July
September
16 © M
Watson
Wing Cn. <H.K. COTTONS
Ewa
and covering the whole of their The Rubber
whether with or
any
News of Britain's widening operations, trade gap weakened Govern without Government, aid, ment bonds today on the Lon-total amount fixed by decree, of don
. Stock Exchange with the Council of State are not losses of half a point.
subjected to the tens of this unclause.
Other sections were settled, and email losses were Im nominal fairly widespread in industrials.
5.43
6,10
For
MINISTER'S STATEMENT An administrative regulation Olls lost ground following the latest news from Perala, and wil nk the mensures necessary most minings wéto dull,
for the application of the law, Financial Times' Index: 140.4 - particularly the unchanged Associated Press.
Firm Tendency
Markets
Prices
London, June 14.
fatures of rubber closed here today as follows:- Number 1 rümber.
in cents per ib.
the Ministerial of Puly,down
terms
the
of presentation of demands for and the distribution of con
na well as the special may be Im- posed upon the yards deriving Benoit from the ald provided by New York, June 14. this law.
In Pepper ship
rondiffer which
July/September October/December January/March
United Press.
SINGAPORE MARKET
Singaport, June 14.
Prices at rubber futures
Saobrasca hufro today un follows:-
Greece
Trieste, June 14, 800-ton motor Kanaris, built for the Greek Government War. Iaunched at the United Adriblle Shipyneds of
M. Defferre emphasised The spot black pepper market Monfalcone near here today, remalged arin although actual benefits which would "aborad Mernbors of the Greek dom trading was at slower pace. from the enactment of the
officio of Sellers maintained a rattle measure by the Tation A Alled Miltery
prices Holding alphably. Hồ họa giác thời
ems Cafylon Finance Minister, they in Italy verament, cun
Mr 7. It Jayawarddo, tiafd here hire attended the ceremony between $1.04-1.05 a Bound on for linking at the meekire
servico, in the Meditörningen. A Prompt shipment?
Operation, Rod mat
• Lónight' that thbro Vhs' to truth the Kanaria will be put into din. -údok basis, vasker Tourare OPANTE ZOE Y0,000, CODE)
WHENKOVOS Ah & Rith popis, Vipdet
that Burima, backingvunted a sister shit, the Mirotlik will be from the primary market van ca $5,000,000 abky Roth Ceylon fund hoonesemat month between *1.30=370-Unites, shipping, to be plać Reuters
Router
Press
Number. 1. robber/"
Nity
August
Number
2.3916-7%
2.42-6
2.8736 243
1.7434
1.00%- 1.07%
100
New York Listen per 300 ib." "auck, 12.00-United Press
P
O
A
is being decharged into the Hong kone Cowicon Whare, & Godown Co's godown, when it will be at
subject Consignees and
10
the Whard's terms and condition of storage, and where delivery may be obtained.
CONSIGNEES PER"
HÁRNER LINE,
M.S. TALLEYRAND":"
are hereby notified that their cargo la belag discharged into the long- kong & Kowloon Wharf & Godown Co'n godown where it will be at consignees risk and subject to the What's terms, and condition of storage, and where delivery may be obtained.
Damaged packages are to be left in the godowns for examination by Consign-abdard & Des and the Company's suLP-- veyor.
Damaged packaites are to be left, In the Godowns for examination' by Coraignees and the Company's - veyora, Mostra Carmichael and Clarke, at 10 aun., 16th June, 1931.
To comply with tho General Consignees, mut have a Revenue. Bonded Warehouse Regulations at 10 am on the 16th June, 1051.
Generat comply with the Offker in attendance when damaged
Bonded Warehouse Begulations, can. dutiablo goods so examined;
signees must Have a Revenue Oficer in attendance, when damaged dut!- able goods-are-parized...
No claims will be admitted after the goods have left the steamer's godowns, and all goods remaining undelivered after the 18th June, 1951, will be subject to rent.
1.
All claims against the steamer must be presented to the, under signed on or before the 2nd July 1951, or they will not be recognized. No Fire Insuranes will be effected.
W. IL LOXLEY & CO.. (CHINA) LTD. Agents,
Ben Line Steamers, Ltd," Hongkong, 13th June, 1961,
TOKYO – SINGAPORE
To
No claims will be admitted after the goods have left the steamer's 'godown, and all goods remaining undelivered after the 18th June, 1951 will be subject to rent.
A claims agaidat the camer must be prosented to the Under- Migned on or before the 24th Jung, 1951 or they will not be recognized. No Fire Insurance will da'effected.
DODWELL & co., LTD,
Agents, Hongkong, 11th June, 1981........
via Okinawa, Taipeh, Hong Kong and Bangkok
MONDAYS AND FRIDAYS....Northbound. WEDNESDAYS AND SUNDAYS...Southbound FLY BY POAS SKYMASTER “COMMUTER" SEXVICE
THE TRADE ROUTE OF THE ORIENT Pacific Overseas Airlines (Siam) Ltd.
Poninttila Hotel Tel. 5680
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