1951-08-21 — Page 9

Page

MESSAGERIES

M

MARITIMES

Arriving. Leaving

***LA MARSEILLAISE" „Aun 12

Aug. 22

''MEKONG"

"MAGELLAN”

***FELIX ROUSSEL” +"MEINAM"

Aug 15 .Sept. ....Sept. 14 .....Sept. 20

Aur. 28

M

Marseilles via Manila

N. Atrira & Europe

Marsellies

N.. Africa & Europe

Sept 12 Sept. 27 subject to change without notice,

* passengers & freight

† freight for Portsald, Tunis, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, & Rotterdam.

CIE DES MESSAGERIES MARITIMES P.O. Box 53, Hongkong

Queen's Building (gr. floor) Tel. 28651 (3 lines).

Serious Shortage Of Copper Stocks In United States

New York, Aug. 20.

The nation's present need for more copper was understood when the Government disclosed that industry is already withdrawing metal from the strategic stockpile, supposedly a reserve for defence emergencies.

The announcement came just two days after the Independent International Union of nine mill and to striko again on smelter corporations decided August 27 against companies that account for at least 90 per cent of this country's copper produc- tion.

tons, authorised to meet defence production needs,

THE CHINA MAIL, TUESDAY, AUGUST 21, 1951;

Stockpiling Britain Provides The

Of Cotton?

Wathinglon, Aug. 20. Senator Joli Stennia proposed today that the Bonato * Preparedness Sub- commitice consider the desirability of stockpiling cotton and possibly other form

products.

- Ife auld, "Il restas lo me that wo should certainly stockpile some cotton for possible future military needs, and if it is going to be done it ought to be done this autumn, while the 1951 the suing to prop

market."

Senator Stennis made the ruggestion in a letter to chairman Lyndon Johnso71 of the Preparedness - Sub- committee.—United Press.

veeal brudarna

Finest Shop Window ROYAL INTEROCEAN

For Foreign Buyers

(By STUART GELDER)"

London, Aug. 204. **)

Britain has provided the finest shop window in the world for foreign buyers at the South Bank Exhibition. It contains. 20,000 pro- ducts, from tea cups to turbo-jets, chosen by the Council of Industrial Design for excellent workmanship and outstanding beauty of design.

No other nation, including the United States, has ever assembled such, a collection of articles, each one of which bears quality,

It is a triumph of imagination, for the whole

Construction of this splendid show is staged in a stall building. SHIP DEAL

In

Project

Arabia

It is contained between the covers of the most re- markable industrial catalogue in existence.

Millions of Americans and that our standards are other foreigners do not know (high.

sell and have i

thousands of

what we have- no time to come miles to and out.

Bu

have

REPRODUCE | IT.

WITH FIRM

IN HK

“

Ith Sept.

·Zisi Bepl

· 1200. AYE

2801 AUR. 24th. Auk.

11h dept.

13th Sept. 23rd Sept.

We are www often able to

In Port show them articles superior to teng London, Aug. 20,

ith Rep.

·their "own anything made in

M Jack Billmeir, 50- 16th Bep

zith Beyt. countries. We do not. see many of them ourselves because they year-old millionaire boss so abroad to buy our food and of the Stanhope Steamship other essentials we cannot pro Company, who once anid

London, Aug. 20.

development's In

thousands Extensive

who, Arabla were predicted today visited the exhibition have now with the registration In Saudi found what they were looking Arabia of the Anglo-Arabian for in the Design Review cala- Construction Company.

logue (many hundreds of large The British company con-typewritten folders) corned in the new organisation; now negoliating, with British duce by, our ovis 'efforts alone; that "if there was 'a 'cargo] un slaptin

is the John Howard and Com- firms.

Party,

waa

of London, I

and are

display

to

But what will happen Design Review when the Festi

foreign businessmen sands of are too preoccupied to come to Britain this year.

val of Britain is over? - Thou-

Limited, civil engineer-

"MASTER WORKS" ing contractors

disclos today.

Obviously an area ten times Mr John Howard, manag- the size of the South Bank site ing director of the London

would be required to spid today: The company,

very good thing we make. So The answer is to reproduce the Joint Idea behind whole

Industrialists were asked to sub-it and send it to every British Arab-English

to company is

mit products which they con Information and business cen show that it is practicable in ridered to be of a high standard tre in America and every other British and

Arab interests to of design, on the sound prin- customer country. Then when work

on together

ciple that a firm which takes a ever anyone asks what, we partnership basis.

Joi of trouble with the appear- havo for sale he can be told As a

partnership between

look. ance ah article can the British and the Arabs,

20,000 und disk. We have has received the blessing of

Government The British

and

Arabjo,

ย

50-50

to have taken a great deal with

Is construction.

has also been very strongly They then submitted descrip- approved by the King of Sauditions, specifications and photo- raphs of the goods chosen for inclusion in this master works" gulde..

choose from.”

There is no longer any justi- tication for that frequent com plant of foreigners, "How do expect us to buy if we you, don't know what you're selling Why don't you show us what you've got?"

to recommend individual fir HONGKONG

or products.

SHARE MARKET

zit Aut.

end Rept.

to hell and back, would the take it," has figured in another deal with overseas shipping interests,

Price

This time he has sold one of "Stan”- class vin company's steamers the Stanhall. was £325,000.

A

9,000-ton cal

cargo vessel, the Buyers pro Wallem and Co., the Fianholl

was built in 1925. big Hongkong chipping concorn, they pald was one 20- of the highest aver for year-old.ship of the tyme: 40-

type, does the immaculate What Jack Bilmeir, who started as an Baa week clerk in a ship. broker's office,

to do with plan the money? He has already earmarked it. The cash will help pay off the Stanhopb com pany'a 400,000 5% p.c. ference shares which are being called for redemption at 245

on September 30 nex). .. cach

operation 'Tolal, cost' of 'this

be

Pro

will

and the. £400,000 briance of the money required will come out of the company's kitty.

A Union, spokesman said that; been transferred from the such a walk-out also would reserve, 'out of a total of 25,000 affect more than half of the U.S. output of lead and zinc, other

"Each side is providing hall defence metals in extremely And the plants receiving it

the capital, and, for the first 10 light supply.

must restore a like amount to

years, control of the new com- The Federal Concillation the stockpile by next June 30,

The staff of Design Review pany remains in British hands. Service has, top mediators in "unlese this replacement would several key cities, trying to help not be in the interest of national hope that the organisation will vidual fr

At the end of the period we are not salesmen for any indi-.

in the catalogue. of British defence." speed contract negotiations,

be sufficiently built up to enable They are salesmen At issue are requests for more Lead and zinc producers are

author the Arabs to control the organi quality. They are not permitted September pay and insured health, pension awaiting

sation effectively themselves. were expected and holiday provision.

cations, which

"The object of the new com- down Mobilisation Director Charles to be handed

by the Production Authority pany will be to develop Saudi when a business man comes E. Wilson said that about 10,000 National

Arabla by the construction of 24 for zinc, and

in to inquire about, say, agricül- tons of copper already have on

August

pipelines, new roads,water August 27 for icad.

Major metal prices were un-water Improvements, electrical tural machinery, he is shown the changed with the exception of development schemes,, part, im-catalogue containing descriptions which eased three|provements and the construction In a few minules he can pro- quicksilver

lings in the public and vide himself with of buildings in the four dollars a fusk

panding numbers pounds)

range of coward and Company addresses and phone to hew $195 to $200 depending on the

India were responsible for the con- of the companies which make and quantity iraded,

struction of the 10-inch oil pipe manganese are up two cents a

NO BADGERING. long ton unit (2,240 pounds) line from Kirkuk to Halfs. They have been carrying out bridge works and aerodrome con-

con- The immediate trade that will LATEST PRICES

in Northern and result from this enterprise is, Major non-ferrous metals struction

Rhodesia and the of course, incalculable. But prices: workers to countries in need flivered; $27.50 per lb foreign.

Copper, $24.50 per tb, de-development of port instaila- will certainly be very cosalder- tions at Melbourne and Geelong able. Its most attractive, and Inangower have bern worked out

Union Lead, 17 cts per lb. New in Australia as well as orders in perhaps profitable, feature is that the visitor is not badgered York; 10.80 cts per lb. St. Britain-Reuter.

to buy. Louis; 21.50/22 ets per lb. for- elga; Nominal, Gulf of Mexico ports.

Planning

Migration

Of Workers

Geneva, Aug. 20. Detailed long-range plans for the: migration of European

by the International Labour Organisation, its Director- General, Mr David A. Morse, eald today.

Submitting

the

to

to $1.22 to $1,28.

United Zinc, 17.50 ets per lb Fast St. Nations Economic and Social Louis; 18.25 sts per lb New Connell the LL.O. lth report York; 29 els per 1b foreign; he said that the proposals would

submitted to the migration Nominal, Gulf of Mexico ports.

be

conference convened at Naples on

October

Aluminium, 19 cts per lb. In-

2 at which the govern- gots shipping point, Pigs 18 ets.

ments of about 30 countries

Interested

Europe are represented.

č

Antimony, 43.30 per lb. cased from (less than carload lots) New

to be York; 42 cis, lots, Texas; 50 els

1b, Idaho. per

Mr Morse added, "Energetic

Manganese Ore, Long ton, 79.8 action is required to promote to 81.8 cts a lb. Ingot ton (224) labour mobility in both emigra- elf US ports (duty for buyers tion and immigration countries account). An intensified and accelerated programme of vocational training borne, is necessary both to provide cluded, skilled workers for industrially

Southern

World Output

Of Carpet Wool

Washington, Aug. 20.

A survey said that the world production of apparel and carpet wool for the 1951-52 season is at 4,100,000,000 Nickel, 50.5 ets per lb, Col-estimated

Ontario, US, duty in pounds, on a grease basis,

slightly up from the revised Silver, 90.16 cts an ounce New estimate for the 1950-51 season less developed countries and to York, 1.03 per lb. New York.

78.5d London,

jot 4,020,000,000 pounds.

Enve this breakdown of Tin, protect the economics of emigra-

$199 to $200 a world production prospects: Quicksilver, tion countries from the loss of

The

United States: --pro- skilled workers who cannot flasic (78 lbs); Nominal, New

York.

duction for the current season is readily be replaced."

Tungsten Ore, $65 a ton unit expected to be about 260,000,000 Mr Merse said that detailed

As-pounds, on a grease than in basis, about practical proposals for action (20. ibs) ceiling price.

threa

more. through a wider programme had sociated Press.

been worked out which would

and

the governments to carry their own migration pro-} gramme in their own way which would also supplant national and bilateral action with such further international action as appeared. necessary.

Reporting on the setting up of the fact-finding and conciliation

trado commission

union this, Mr Morze said that no

reference

*vernment had so far consented |

to the commission.

of

Tho crux of the whole "matter", he said, "Is that the

1.

Japanese

Expecting

A Refund

of the finest things

them,

we make.

the names,

He knows roughly what he wonts. Hero is an opportunity to be found nowhere else in the world, of discovering the preclis product in an atmosphera quietly emelent as the British Museum library,

05

at

And to the question which every visitor will ask himself, "Is this a first-class job work?" there is the unspoken but eloquent evidence of tho catalogue. "It wouldn't be here if it wasn't,"

wandering spent an hour fiom section to section, trying trip up the staff by asking for something they hadn't (they don't pretend to exhibit every thing that is made), but received all the answers. I wanted in less than two minutes, and in several in- stances within half a minute.~::

device is the screen which has Perhaps the most imaginative been set up to show slides of 1958 tralia-production will be English pottery, in great de

15 to mand in America. Obviously perhaps lower,

photographa 20,000,000 pauntis or one to two black and white,

would not illustrate these ex- under 1830-51, South Africa:-production 18-quiately designed and coloured expected to increase about 10,- pleces. 000,000 pounds but to remain about 25 per cent under the record output of 1932 of (418- 000,000 pounds

"DEF..

ighth "2

per

cent

.

(From Our Correspondent)

ARRIVALS

MAM

'JAYA

HVAN UTAZI „Atrakte & Melawan Ball

MSTRAAT AGENDA"S Amartes, 1P, Låfries - AIDRADOTA

"})$Manlia SPÍŠIKADANE”, I. V Tanan;

#TARKAN” FOUN

SAILINGS,

njh gdT

Blogapore, Semarang, L. Zilreham,

"Bakarić & Belawan Dolj #TIITJALENGKA” COBINEROSem? Jaya, Porta vd Macnagar

*Manila, Kingsport," 8. - AftES, &

"BOIASHVARS"

"TJIBKSÁR"

**VAN. HEUTAZY.

BHIWANGI

"STRAAI EDENDA” "TJISADANS"

Yekohama & Japak:Porta Japan - Porten ZoneTE. DEAN Singapore, Jaya Porta '&' MACHRIST' Japan, Porta VerONIO MUTANDI Manila, Singapore,,a." "Afriend.

Agents: HOLLAND EAST ASIA LINE

NANÚARRIVALg Jugla da tinginal halvi

by Sulphand geal going de From Spa Frain

"ALMKERK" -"HOONKERT" *ALMKER JET.. "BOOGKERK”

"ALMKERE"

Europe

Kurope & Singapota Japan

SAILINGS

· Zóðan 'via: Manila Manile, Hingapore, &. Edropa

·Manila, : Epseapots' & Europe,/,-

KINGS BUH DING FEE PHONES

roi

MAERSK LINE

Fly

FAST FORTNIGHTLY SERVICE TO: SURUH NEW YORK, BOSTON, BALTIMORE" & PHILADELPHIA, VIS SAN FRANCISCO, LOS ANGELES AND PANAMA,İ

NEXT SAILINGSTE ERZU

Pardon Aug. 30 Sept. 14

M.S.

"LAURA MAERSK”

Although he has not finished- selling, the Stanhall deal may be Jack Bilimeir's last sule for some time.

Meanwhile he is still ex- next his feet. For

M.S.

"HULDA" MAERSK"

M.S.

TREIN MAERSK”

* Sept, 29

ARRIVALS FROM U.S.A.

M.S. TREIN, MAERSK":

Aug. 30

M.S,PETER MAERSK”.

Sept. 14

M.S.

NICOLINE MAERSK"

Sept. 29

AGENTS

*I a

month he expects to take de- new 10,000-ton Business done on the Stock very Exchange this morning was motor cargo veseel, and its sister

ship

-four to six weeks later. valued ot. $233,305. Noon Their total, cost, is about prices and the morning's £1,000,000, most of which has already been paid over to the and builders, Short Brothers Burntisland Shipping-London Express Service.

transactions:

SHALES BUYERS SELLERK BALES BANKS

MC Bank XD 1400

East Asia M

INSURANCES

DOCKS, ETC. K. Wharf N. Pt. What

Provident Wheelock LAND, FICU

Hi Hotel Hi Land

750-200 201-730

.2912

S'hai Land ...

UTELITES

12.

€ 1300 m +8,90 43-100

Tram XD 13.4040.75 500 @ 13,60

P. Tym (0) 1Ð3⁄41⁄2:

DO 100 1

SLAT 130 7.50 -600 -7.50

C: Light

4.00

Cents (3) 7.10 7.39

Wall St. "Ticker"

Breakdown

PT New York;3y 202

Mechanical difficulties cut Electric 29 or 0021ading on the Stock Exchienge Telephone 13 13 13 INDUSTRIALS T

UN

Cement 2 12 1000

· 1994 1816 500 € 30 Rope

500 YTL STORES, ETC;

Dairy

1415.40 2200 g 16.35

Watson

LA Craword

Ewo KP

1000

1012

1331 '2012

to shares. The Stock

down 38 minutes the 38

ticker system broke past noon

And for the United States from was without stock prices largest Exchange. Then the Exchange began to pend quotations over the bond which Western ticker, after Unlon

took over to se

restore a 1.00 2.79 10004, 2.00 partial servic

Prices were hesitantly mixed The in- after a firm opening: dustrial average rose two cents. but rallia and utilities declined 35 and 13 cents, respectively.

Olla Steels mostly lost ground.

Chemicals had were mixed. gains. Or 1,000 suraded, 422 declined, 307 advanced, and 277 were unchanged.

LONDON TIN MARKET

London, Aug. 20 The tin market was firmer this morning. Turnover was small, only as tons, including 20 tons for cash ge

Prices closed at the end of the official morning

Argentina:--producke all the places where they can buy | follows-

"Spot: in, biryars: Opok tin, selilorx Businesa, dong ; at

Three-montha..., thi Dustager done (mt) Bettlement

The most encouraging feature of this display is the quality of the people engaged by the Council to guide our visitors mated at 440,000,000 pounds, up what they need, we guar Tokyo, Aug. 20. Japanese Anancial circles ex-20,000,000 from last year, but they case to the

is still 15 per.com

I was in an office when an cent below-the pect that renunciation of Japan's it is

American came to inquire about interests in the Bank for Inter-1943 record.

New Zealand; an increase of a new spinning machine of high national Settlements as provided for in the draft peace treaty about 8,000,000 pounds over the quality yarn, made in Keighley. compotence of the comme will result in a refund of

Yorkshire, and a warp knitaing of 1980-51 season. resta andha consent of the

12,350,-

Uraguayang new record of machine, made at Burton-on- government concerned. Japan's contribution of

1961-Trent, which knits mylon or United Press,

rayon cloth in wide, at the unlimite. Fate of 1,000 stitches a min

uide talked ty YOUTU

exchange deslied and built tham kimunomas belle) knew that he was morning at the follow

hats (her. I Balking at the jerejo so about Tay Dollars (per 1 £2,000 a minute if the vision ruildert

illam tidale i pers Autovaht decided COMTEN UNE 2007

27/Bingapore. (Straits). The pepper märket turned Thru drat repetion of visitor Japan's Interest in the Banic for strong, and active following xp- to the lidzekwowa (synonă Aug. 20.41 | International Settlements From Vive mandagen the United; parda

and mis || oxpropriation under thug mestion, Stat

A government which has a 000 gold franca (about 21,400,- 180,000,000 pounds for the, clear cofacienço, hns

whatsoever to fear

Kyodo reported

hns, ribihing 000) Kyodo

In agreeing Touris cominancia

to the reference of cases to the banks Jointly raised Japan's

commission and an impart examination of the facts by authoritative International body as the most effective answer to tendentibus. Router,

usk misrepresentation

contribution when the Bank for International Settlements was cstabilahed in 1030. Subrequent mergers have reduced the num

of banks concerned to: 10... provisions of the draf

MARK spoelfically, exempt;

Seeds And Oil***

dealing with compones Lion is t

end

Dow Jones averages at the the session stood as follows: A 190 Industrials 20 rails 1. alon 15 utilities

19-batida:

Exchange Rates:

Pepper ** Market about them as though I had Business was done

Strengthens

Aug. 20,5

286.10

60,27

45.18

70.00

Unlied Press.

For Freight and Further Particulars please apply to:--:

pet d

JEBSEN & CO.

Pédüer Building

Tel. Nos, 86060 9..

M.V LA MARSEILLAISE

Les tant a Will: sail for pole posto ginnoviag

MA

MARSEILLES G

MANILA, SAIGON, SINGAPORE, COLOMBO,

VODJIBOUTI and PORT-SAID:

Wednesday the 22nd of August at MIDNIGHT

ngers are requested to board the ve with their cabin baggage on Wednesday the

gust between 5 P.M. and 7 P.M.

Baggere, Room, endy Hold Baggages : will registered to ogloon Godowa Noc 60, (Nỗ, 21 Gate Canton Road Entrance), on Tuesday the 21st of August between 9 A.M. and 4-P.M. and on Wednesday the 22nd August between 9 A.M. and NOON.. No baggage-will be accepted for Begistratới an time.

CIE DES MESSAGERIES MARITIMES

A LIMITED, COMPANIA Queen's Bldg.

TLÁTZA IN FRANCE

Tel: 28851 (8 liner)

Grain Prices SOUTH CHINA MOINING PO

In Chicago

Abr 20 Prices of rain futures-closed toda

as follows:

20010 HTADE DWA VOOS

THE CHINA MAL

SUNDAY #POST HERALD

THE MOST EFF ADVERTISING