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MESSAGERIES M
"MAGELLAN"
*FELIX ROUSSEL"
+"MEINAM"
THE CHINA MAIL, THURSDAY, AUGUST 80, 1951.
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Sept. 28
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NEXT SAILINGS
New Arrangements Approved In London
But Lancashire Exporters Express Some Doubts
Sulphur
Discovery
In U.S.
Washington, Aug. 29. An Agriculture Depart. ment expert said today that the now sulphur de. posits discovered in Loui
siana will be only " drop in the bucket" in view of the United States' increas ing need.
Je sold that discovery of iwa ur three ore deposits of the
London, Aug, 29.
Reports from Tokyo that the new Anglo-Japanese payments agree- metit, due to he signed on Friday, will not include a "dollar clause" have been generally welcomed here. But Lancashire cotton exporters are less enthusiastic about it.
:
Under the old agreement, which expired in June, Britain had to pay in dollars when her adverse balance of trade with Japan exceeded £17 million.
It is this provision which is tow reported to
same size - 500,000 long tons have been omitted from the new agreement.
annually would be closer lo
solve the current world sul- phur shortage,
For example, he pointed out that only a small percentage of the new supply will be
avaliable for phosphate fertill- ser production..
The discovery of
brimstone
deposits on Green Island Bay
In the lower Missisippi River Delta was announced last week by the Freeport Sulphur Com- Fany,
M.S.
"LAURA MAERSK”
M.S. "HULDA MAERSK".
M.S. "TREIN MAERSK"
Sept. 3 Sept. 14 Sept. 29
•
ARRIVALS FROM U.S.A.
M.S. "PETER MAERSK”
M.S. "NICOLINE MAERSK”
M.S. "SALLY MAERSK”
Sept. 14 Sept. 26 Oct. 20
Mr
Charles Brannon, memorandum
the Agricultural Directors
For Freight and Further, Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Buliding
Tel. Nos. 36066-9.
Soviet Grabs Oil From Satellites
London.
Development Fund For
Fiji Approved
of
Suva, Fiji
The "dollar clause", affected Anglo-Japanese trade a two ways; It put an unnecessary Lanitation on the volume of sterling aroȧ Imports from Japan, and it, also mostat, in effect, that Britain was helping Japan to finchce her purchases of American raw materials.
Under the new "ngreement, however, Japon is apparently to raiy purchase more of her materials requirements from the sterling orta.
Rubber Soars
In Bangkok
Bangkok, Abr, 20. Rubber. prices
here today the lo á allarp Inbirálo, In Tocil demand...
• Trade soupes jald that the Unties Suites ma in- dicaled 18 centa, à pound för, sub-standard rubber cost and freight and about 80% cena for first quality standard.---Router.
U.S. TRADE.
FIGURES
Reports from Tokyo suggeSI that this might mean that Japón
Washington, Aug, 20. will in future buy more colton
The Commerci Department from Pakistan and India: more announced on Tuesday exports Aus- to Asia in June were valued at more iron ore from | $173,000,000, compared to $174,- heat and barley from Malaya. traila; and
800,000 in May, und $133,180,000 in June 1630.
The firm said it intends to The B to create a Fijian build a 10 to 15 million dollar Development Fund was passed plant to exploit the deposits. by a unanimous vote in Legis.
An Agriculture Department|lative Council. official said that if the current
A number amendments level crop production high
of Iwere made to the BI, the most continues, the requirements the amount of phosphoric acid important being the establish- fertiliser should be doubled by ment of the Fijian Development 1900. Last year 2,000,000 tons Fund Board to administer the of phosphate feriliser were Fund, consisting of the members of the Fijian Affairs Board with Secretary, four other members appointed
by the Governor. carlier Moving the second reading of for the BIIL, the Secretary this month. noted that phos. phate fertilisers, already scarce Flan Affairs (Ratu Sir Lalain in 1951, wil be in higher Sukuna) said: "The motives be hind the Bill are these to ob- demand in 1952.
Uscil.
Tils Agriculture
In
State
the
The effect of this will be that trade between the sterling area stepped up and Jcbán will be
£92.0 for considerably above the million cach way, provided the previous agncenient.
LANCASHIRE'S FEAR
ain for the Fijian community In Lancashire, however, it as He also pointed out that a ilmited supply of nitrogen will tome lasting benent out of the fenrod that this expansion of
high prices being paid for com- trade between the sterling are be available for fertilisers.
modifies, to bring
marketing The research ΠΟΥ being carried out la State
be ex- Agrical- of all economically important and Japan will mean that more
under one con- Japoncee texilies wil
con ported to Commonwealth coun- tural experimental stations native produce aimed at stretching the avail-trol, to gain for Fijians a better c able fertiliser supplies-United bargaining position in business Tansactions, and to help the Press
village communities to from the state
Rain-Making
Russia is hungry for oil. About half of the In America |
modest output of her European satellites is being carried away to the Soviet Union.
Russia, master of the oil industries behind the Iron Curtain, is taking the entire surplus of eastern European countries as "repatriations" or exports, to supplement her own tight supply of petroleum products.
is
3: East Germany-Almog all A survey by the authoritative British Petroleum Press Service plants producing all from coal over by the chowed a total satellite production have been taken
The of between 8,000,000 and 9,000.000 USSI as war reparations.
the than output Fewer annually.
approaching tons
The main 5,000,000 tons are left for the 1,000,000-ion mark, limited and rationed domestic plants still in working order are 'demands and their expanding the hydro-generation plants of Boehlen, Leuna, Trocglitz and industries.
The remainder is seized by some others.
4. · Albania-Produces nearly Moscow',
Experis viewed the disclosure half a million tons of all and in the light of the curren: Anglo-ships: almost all of it to Russia, Iranian cil crisis. They pointed to. Hungary-Still below her which wartime maximum production the "maple attraction" Iran's 31,000,000
all of 1,000,000 tons a year, which
under boasted
Hiller's the was must yearly
orders. The present output is Russia's own ictal currant oll estimated about half that figure.
role of A special fuel-saving plan
Her aimed at holding down consump-
tons CI exerti on
Kremlin's planners.
production is at the 37,000,000 tons annually.
efforts to step it up have not had tion at home and a proportion
much success.
HOW IT SHAPES UP
The picture in East Europe's all industry:
1. Rumenie-Largest oil bro-
Denver, Aug, 29. More than 300,000,000 acrés
the
Imports from Asia in June were $178,700000 atumst $179.. 500,000 in May, and $151,200,000 in June 2050...
Exports to the Pippines Ro- public in June were $34,800,000, against $24,000,000 in May, while Imports from the Phillp- pines were $25,500,000, against $30,400,000 in May. The 1950 the Philippines was $19,000,000, nonthly average et exports to and of dmporis approximately
the same amount.
U.S.
of sale probably admit more Japan- I dropped sharply from $28,800,-
ɔn aubsistence economy.
Sourse the Fijian Affairs do of keen toipetition
propose to pursue, after this Bil ecomes law. is to see to it that
of Western land will be includ-permanent
In selentifle rain-making ed
•
imports from Japan Those countries, for their part, cre-textiles, now that there is 900" In May to $10,000,000 in that they June. Exports to Japan' de- no longer any ferr
have to be paid for Inclined from $61,100,000 in May
and this heightens the to $45,000,000 in June.
U.S. Imports from India In- the owners of the Fund provide o
between Japanese and British :hemselves, before everything cotton. In these: Commonwealth creased from $25,900,000 in May to $30,400,000 in June; but eise, with cleaner and brighter markets.
United States exports in the better and compounds,
more
declined period
from houses, good and
The Financini Editor of the Fame
$30,000,000 to $27,300,000. sufficient water supplies."
Manchester Guardian points out Lancashire could not
Imports from Malaya jumped "Secondly, that they set aside
accidental shelter from $20,400,000 in May to repect the projects, the head of the Water
time for the extension and re-afforded by the "dollar clause" £30,300,000 in June, while 'ex- habilitation of, cash crops, and poration estimated.
ports to Malaya in the same Dr P. Krick, former
end $4,200,000 hat they contribute towards the to last for ever." California In- hearing P
construction of durable subsl- "In any case," he says, "lex-months
$4,400,000, stitute of Technology and pre
village Infant welfare
ile production in this country of the sent director
world's diary
Trado' with Indonesia in June in-both largest cloud seeding firm, wards where babies, after dis is so rigidly limited that a con added that farmers and ranchera charge from maternity hospitals, siderable overseat deinud was alightly lower
remained unsatisfied.”—London directions than in May.-United West. over the
hopeful can be looked after."
Press, all of increased prosperity through
Express Service.. greater raintal, were subscrib
scientific rain-making
Resources Development Cor-
ing to projects.
Krick, who recently. moved headquarters of his 100-man concern from Pasadona,
Since
Cailí..
"A development scheme." said Ratu Sir Lala, "which plans to 1he raise in the first stance. standard of living of over 50,000 people-and, in my opinion, it cannot fail and which in the to Denver, went, into the busi proces will ultimately give tite
economy Colony's
An extra ners of seeding clouds with 1,000,000 working hours a sear silver lodide to produce greater is surely one that this Council rainfall only a year ago
that time, ranchers in can unreservedly support."
Unlied Press. arid Western States have sub- scribed many thousands of dol- lars and have formed the Na- tional Weather Improvement Association to further
the interests of scientific rain-
De- Water Resources velopment Corporation now has in every Western State sald, Nevada," Kriek except "and we expect to
clients
of the low yield is "exported."
0. Poland-Lost her Galicion allferds to Russia, Plans crude oil output of some 400,000 tons by 1955. Production from tions there soon. Wopen opera- various
former German-built
ducer in Europe and now claims coal-oil plants is about 100,000
ah annual output of 5,490,000 tons.
tons. Her industry is dominated by the Russians. About two- thirds of her output is exported
to Russia.
2. Austria-Oil production this year is expected to reach 1,000,000 fums, all of which is in the Bus slan zone. Only a small part of this amount is released for Austrian demands.
IMPORTS NEEDED
Poland's demands are about 200,000 tone, and about half of that has to be imported, Czecho- slovakia and Bulgaria, too, need some all from outside resources, Over-all oil production in the cost
countries behind European the Iron Cuslaint reaches at pre- sent an estimated 8,000,000 tons,
addition to
1,000,000 tons
in
CLAMP DOWN gained from coal processing.
Total contumption is assessed as 4,050,000 tons, and the dif- The various national economic plans provide for an increase of Tokyo, Aug. 29. Japanese Government the total all output to a figure and .betwen arrange of
13,000,000 will shortly act to
export 14,000,000 tons, between now and stricter inspection of
occupation 1955. Experts consider that goal' cargo under ruling, the Kyodo news agohry to be unattainable. snill way.
ON EXPORTSference goes to Russia.
The
RO
The step was being taken, ar cording to authoritative sources,
out of to keep key materials Communist poris.
There are plentiful unter- ground reserves of oil in the area, according to experts, but there is shortage of equip ment to get it out and conelder- able lock of experienced tech The issue of export licences nicians and specialists. Russia has set itself. would be transferred from the
change banks and adtion target of 80,000,000 ton ministered directly, by customs nearly twice the present output, omece with special attention to 10 years hence. In the mean preventing change of dystina- time, she te running short, and tion for materials the Occupe looking out for additions to her flon wishes to keep away from present supplies wherever she
can get them--United Premi Communist buyerage Rautor,
Textile Market
Quiet
India Relies On Japan
countries
Mr
industrial
Canada
IVOTO
Prospects
Vast Ironfield In Northern Quebec
Quebec, Aug. 28.
Work is being pushed ahead in Cañada on a £66 million project which is likely to be one of the host vital defence and industrial developments in the Commonwealth.
U.S. SHORTAGE
Bombay, Aug. 29. also
Bombay's Mayor S. K. Patil in Mexico, under way
today
that India predicted rain-making projects would wan heavily on Japan It is the first stage in the three-year task of open- Include around "200,000 | for · delivery of now
equipment ing up the wild, inhospitable wastelands on the border India'a "Krick said. "But the needed for acres,"
of Labrador, and north-eastern Quebec, so that vast total should be up to over 300,- 1 sovejopment,
deposits of high-grade iron-dre can be brought out. 000,000 acres, including projects Ifc raid that on the con- of all the cloud seeding firms." clusion of the Korean War, A 300-mtic railway is to be view of the internationa} situa-
United Preas,
Japan would be in a position un north to the Ironfields.in, he gaid. to deliver capital goods ahend Terminus of the he will be
Britain and the United new port, on which construc- ..
of the latter tion has Sintes becaLISO
at began,
Seven Discovery of, the fields means heavy rearmamen! Islands, Quebec province, at the that Canada will become one programm spolec
mouth (of the St Lawrence at o
10 rivera port which can be of the world's greatest produ- New York, Aug. 80. party honouring Japanese kept open, all the winter with cers of ore..
of the vessel an lee-breaker.
This to all the more impor The cotton textile market re-Captain Okiteu
diminishing 409 Wednesday. Adono Maru operated by mained quiet on
Steamship Com Airfields wil be built at tant in view of The latest decins, in raw cotton Kamashita
in the
Merab Ironfields of prices caused potential buyers pany. The company is the third regular intervals and, with the supplies of the high-grade orn
resume railway, will wollow up at Minnesota; the United to of cotton goods to move to the Japanese concern to Indin least half of the 246 milling chief source of ore in the last sidelines. Sharp
BerviceR declines in | xhipping
will be two, wars wool prices has again since World War Associated At peak, 8.000.
conditions in
employed on the the Press, staleniated
thisis. woollen goods market.
A downward price decline in the rayon goods market which has been in progress for some time may be helted. This was. the opinion of industry lenders who bared the optimistic pre- alction on a slightly better in-,
for goods-Associated quiry. Prepare
raw
London Stock Exchange
Buying
on the and most sectione
Tokyo/ "Aur 20. Yokohama Iongshoremen are eftlking Tomorrow due to the management's disagreement on to an increase' of the, selirtmán ""; m allowance The strike 1 pected to tie up 20,000 tons of inco cargo dally,Reuter,
the
DETAI
construction
R.I.L
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R.M.S. "CARTHAGE”
BAIES:
NOTICE TO PASSENGERS
States' BAGGAGE:
An
Improved version of the
raft hunting U-boats during
By late summer of lest, or fair-magnet decored by oir In 1985, iron-ore will begin to move out at the rate of 10. million tons a year, according w tho present programme.
the vor has been put to work to discover tho ore.
Thousands
of square miles
FRIDAY the 81st August at 12.00 Noon for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Fort Said.
ALL passengers baggage must be sent to the Hongkong & Kawbon Wharf Col's Godown at No. 2 GATE, CANTON ROAD ENTRANCE BY NOON on THURSDAY the 80th August.
Later it is hoped to double this have been covered; by planes SPECIAL NOTE: With the exception of hand paolingen
fying in parallel lines a quar
of a mile apart 60011. up, trailing an instrument reneltive.
the magnetle variations In
8 hundred million tons of ofo have been discovered in to "innanforning territories
Labrador: 37. Hoe Dapletal), Samir.cat old Ali rovincial
Developinent of the mines matter of urgency, n
The Bothichiom Bidet Com- puny, Pol: USA have on DMBARKATION:
aged to take 20 milion ton of Labrader Quebec, ore, spread avor a 2-year period, led 10: "that in":10342
cartled by pnäsongers themselves, ALL BAGGAGE must pass through the Wharf Cola Godownn for loading on board by ship's slings only,
Will take place on FRIDAY the 11t Van that between 9:00 AM, and 11.05)
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