1951-09-27 — Page 9

R.I.L.

ROYAL

Data

28th Rept. SPIN SEDL.

Ship

INTEROCEAN LINESS

ARRIVALS

#TJITJALENGKA"

TЛKAMPEK"

"TÄRKAN"

"BTRAAT

MAKASSAR”

30th Sept.

30th Sept.

Oct.

-"VAN HEUTSZ"

Oct.

Oct,

Oct.

28th Gel.

Zid Nov.

TEQELDERG"

"TJIWANGI"

"TUBESAN" "TUBODAS" "TJIBADAK"

"TEGELBERGTM

"STRAAT

'MAKASSAR"

Froth

Maesar, Java Ports & Singapore

A. Atries & Kingapore

Belawan Dell, Penang, singapore &

neigon

Holland (Malden Voyage) Japan

A America, 8. Africa, singapore &

Tania

Stacostar, Juza Porte & Singedore Japan

Japan Ports

Java Porti, Marantar à Bišigapore Зарят

Japan

BAILINGS.

**TIITJALENGKA" "STRAAT

MAKABBAR" #TJIKAMPEK"

"TRGELDERO"

"TASMAN

“TIIWANGI"- .**TJIDESAR"

FAL Ort.

2nd Oct.

ard Oct.

1th Del.

"VAN BEUTSZ”

11th Oct,

12th 17

Jet.

Del.

18th Oct.

24th Oct,

26th Oct.

4th Nay,

"THIBODAS"

TJIHADAK“

"STRAAT'

MAKABBAR"

10

Aingapore, Java Ports & Matkaar Japan Forli Japan Ports

Singapore, Pezing & Belawan Deli Japan Porta

Singapore, Panang & Belawan Doli Hingapote, Java Forts & Mackstre Manila, Singapore, E. A 5. Attien

A America

Japan Ports

Japan Ports

Manila, Singapore, 8. Afries & я.

America

General Agents: HOLLAND EAST ASIA LINE

Delo

5th Oct,

11th Oct,

ARRIVALS

Ship

"NOOGKERK" "ARENDSKERK"

11th Nov. "ARENDEKERK" 2nd week Nov. "KIELDRECHT"

Th Oci.

"OOOKKNK"

13th Oct

12th Nov.

"ARENDSKERK"

From

Japan

Europe & Bingspora Japan

Europe & Singapore

SAILINGS

"ARENDEKERTM**

Manila, Bjugapore & Europé Japan via Manila

Manila, Singapore, & Europe.

B BIKINOS/BUILDINGE BLEPHONESP2001J152MİMA

IN NY

Economic EXCHANGES Board For

Formosa

Taipeh, Sept. 20.

Final touches are being put here to plans for the erection vi 2011. Economic Mobilisation Board whose main job will be to take steps to boost industrial production and stabilise

economy.

the

The Bourd, which will be a sort of super Ministry of Econo- mie Affairs, will most probably be headed by the Governor of Formona, K.C. Wu.

One feature will be a three- year production plan which, if successful, will make the need tor American economic ald far-

than it is at present. 1034

|

New York, Sept. 20.

US$0.94-13/16 2,79-15/10

Conudu (dollar) England-official England-unofelsl

Fogland-30-day fatures England-00-day futures Australia (pound) Now Zealand (poundi

South Africa (pound)

Belgium #rane)

Denman kroner

France (franet

West German Dutche

mack Holland guilder) Italy-official Norway (krunej Portugal (escudo) Spal pere! > Sweden (krope) Switzerland--tree

MIDDLE EAST

Egypt (pound)

Trań trial)

Detalls of the project were Iraq dinner!

DAICIONS

Turkey Ura

worked out at a meeting of keyLATIN AMERICA

on Tuesday with. Pre Argentine-ofelel Chiang Kai-shek. -new-Board.

dwill.

·The-

Brazil (cruzeiro)

operate "Chile-free

Bullyin (boliviado)

2.47 bid

2,50 asked

2.70%

2.79 1.22

2.703- 2.60!

0199

1435 0023",

4.20

2430 ,1106% .1400 0340 0289 0003

2207

THE CHINA MAIL, THURSDAY, SEPTEMBER 27, 1951.

Page

Trade Fair In METAL INDUSTRY IN US MESSAGERIES HAY MARITIMES

Singapore

Singapore, Sept. 20.

A big tride and Industry

exposition is to be held in

Singapore in December,

will

bro

kissed the Great Eastern Trade and Industrial Fair.

Exhibits are expected to Include goods of Melain. the United States, MalkYA.. Japan

Singapore. Ambelated Press.

and

The Rubber

Markets

London, Sept. 20. Prices of rubber futures closed today as follows:-

Number 1 rubber, in vents

per lb October

November

December

44-46

4434-43

IN

HOPES FOR AID

Japanese FROM THE GOVT. Methods

New York, Sept. 26.

Copper demand may exceed supplies by Defended

30,000 tons next month zine released from Government stockpile contracts is moving too This is the non. tardily into trade, channels. ferrous metals picture as the industry awaits answers to:

1. Will the Government open its stockpile to the hard-pressed users of scarce metals?·

2. Will additional cutbacks on Į civilian use of metals be im- posed by the Government to old | defence production crippled us | the result of strikes here and in

Chile?

3. Will ceiling prices be raised entice more foreign metal to the US7

to 4446-4

October/December January/March (1952) ... April/June w............... 40141

-United Press.

SINGAPORE MARKET

Singapore, Sept. 28. Prices of rubber futures closed today as follows:--- Number 1 nifiber, per 10.

September

October

154-15414 152-152

December

Number 2 rubber,

September

Number 3

rubbe

September

Nunber

rubbe

September

13744-139

Spot rubber, unbaled

183-15415

Black crepe

114-110 100-105

No. 1 pale crepe

4. Win the Government mediators head of threatened strikes at some of the big brast mills?

Copper is again moving here from Chile with the end of the waterfront strike, but supplies will not arrive for some time.

HONGKONG

SHARE MARKET

Tokyo, Sept. 26. Prime Minister. Shigeru Yoshida hit back today at |foreign critics of Japanese

trade practices.

Speaking before the Japan Chamber of Commerce and In- dustry, he claline: that this country is being pingued by un- favourable Industrial and trade conditions.

Yet, he pointed cut. many foreign countries he did no: |name aay--were volcina fears over possible Japanese compell- Blon

He told the meeting:

"In the past, Japan did rig the cversens market by taking ad- vanlage cf cheap labour and in violation of accepted commercial practices,

(Our Own Correspondent)

Busincas done on the Stock Exchange this

was morning valued at $839,328. Noon quota tions and the morning's transac- "Today, however, Japan Is operating under adverse condi-

Lions

Imports of copper have been poor both because of the Chilean SHARES BUYENя BELLERS BALER│tions." 14814-140% strike and because trade sources far 14316-144% | 3037 the world price is so above the domestic celling,

United Press.

NO PRICE CHANGE

Washington, Sept. 28. A General Services Adminis- fration official said today tha: the Government would continue to sell crude natural rubber to the industry for 52 cents

LEAD CUTBACK

Tie National Production Au- thority is ordering domestic re- Aned lead

de- for September ilvery cut back by 35 per cent below the allocations of 20,000 tons previously, made because of the reduced supplies resulting

from the recent strike.

743 130 130

245.

1

BANKS

HK Bank... 15:0 1840 INSURANCES

Union

Underwriters

4

HC Fire ... 13TH DOCKS, ETC.

N. P. Wharf 6.50

Duck Provident 14.40 S'hat Dock . 3.20 1000

6000 18.09 400 0.83

10%

HK Hotel

į

8% 0.40 2000 @ 6,30 sa 300 315 HR Land RD Stial Land 1.03 Humphreys, 11% UTILITIES

Government officials are nego" | Land, ETC. pound for the rest of Septem-tiating with Canada on a pos- sible boost in imports of both

with price ap- lead and zinc parently the main point at issue,

ber:

The official, Mr A. J. Walsh, said "We are.not going to raise the price of rubber on October 1."

He refused to say what woul happen after that dme-United Press.

ECA Grants

To Orient Το

Islands'

US and Bolivian officials are to begin talks soon 02 tln pricos. The South Americans are getting 31.12 a pound and want about $1.50 according to trade reports. The US Govern- ment is selling it to American Industry at $1.03.

The International Study Group reports from the Hague that tin production 1950

In totalled 167,000 fons, almost back to the 171,600 average an- nual production in the 1935-30 pre-war period,

Silver consumers showed little Interest in the' metal bul the

Listing some of these conditions, Mr Yoshida sold that cotton spinning capacity in this country has been reduced from 12,000,000 to 4,000,000 spindles; machinery Was obsolete and averaged and that Japanese manufacturers were forced to pay high freightage.

Despite all this, he said, same worl powers feat competition 330 from this country,

#ram.45.70 15.88 15000 15.80

Peak Tram

{0}....... Stor Ferry..

At 104

C. Light (0) 815 8.03 2500 8.80

C. Lent (NH LÝ 300 300 in Bi Light (D) 8.55 8.70 6300 8.00

3500 67 8.55 1500 < .00 3000 A 163

500 @ 6.00 1000 8.45 Electric XBts 2125 224% 700 # 217.

(Right) 201 3000 G 201 Telephone

25.20 200 150

700 15.10

INDUSTRIALS

Cement Rope

34.30 100-14.

10 10% 500 lati

"would like to ask which site is fair." the Prime Minis-, ler. snapped.--Associated Press, --

Jup Bonds

In London

"A" 148.

"(.

MOM

*"LA BEARSEILLAISE”

"LES GLIERES"

Arriving

.Oct. 20 .Nov. 11

"GIALONG" +"OYONNAX"

Leaving

Outward Por

Oct. 21・ Yokohama ♣ KONA

Nov. 17

Homeward For

Phan & Raton

Rept. 30

Oct. 21

Oct. 25 Nov. 1

N. Africa & Kazope

.

"LA MARSEILLAISË” Nov. 2

+"MONKAY" .......................Nov. 21

* passengers & freight

Manila, Balkon &

Mazsojien

Nov. 23, N. Africa & Europe

+ freight for Saigon, Port Said, Tunis, Alglers, Oran, Tangier, Casablanen, Havre, Dunkirk, Antwerp & Rotterdam.

Sablert To Change Without Nailes

CIE DES MESSAGERIES MARITIMES P.O. Box 58, Hongkong Queen's Building (gr. floor) Tel. 26651 (3 Ines);

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, VIL SAN FRANCISCO. LOS ÁNGELES AND PANAMA.

NEXT SAILINGS

M.S. "TREIN MAERSK” M.S. M.S.

"PETER MAERSK" "NICOLINE MAERSK”

Sept. 30 Oct. 16

Oct. Bl

ARRIVALS FROM U.S.A.

Oct. 18

Nov. 14

Dec. 2

M.S. "LEXA MAERSK" M.S. "ANNA MAERSK❞ "LEISE MAERSK** M.S.

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

London, Sept. 28.

| Japanese bonds

Pedder Building.

of teng)

60

of 1010)

535

of 1900)

"D" (2.

of 1034)

73

SE” (51⁄2n, of 1034) Console

11316

6421

| PENINSULAR

nited Press.

NEW YORK MARKET

New York, Sept. 20. Dow Jones averages at the end of the session stood as follows:

28 30 Industrials

17.40 17.70 1600

17.00

Crawford

1000

Washington, Sept. 20. The ECA programme for the វា sharp Pilippines received boost today when that agency aliotted an additional $1,350,000 price remained steady at 00.10 STORES, ETC.

fertilisers, for the cents an ounce in New York. to purchase

Datry expanding agriculture

Watson The 28-nation Raw Materials ECA also authorised $8,500,000 Conference meating in Washing- more for implementing Ameriton reports it may bring cop- COTTONS ca's $190,000,000 grain assistanceper. zine, nickel

and ecbalt under programme to India.

International allocation. Plans bre alrendy drawn Burma: $18,000 for Americaa

tungsten and medicines and Industrial techni-sharing sulphur,

molybdenum supplies among the Democracies. — Associated

Other ECA grants:

2,681

013515

2.01

5375

.0710

0550

cal assistance.

0130

1.00

.1153

Venezuela (Bolivari

0030 .4075

2006

FAR EAST

directly under the Cabinet and Columbia (peso) will have three main branches-Cuba (peso) production, trade and control

The

head

Mexico (beso)

of the Board will Pen-free.... Uruguay Ipe) be assisted by deputy directors who will coch head one of the main branches.

The backbone of the BoarÜ :

by representa- India Trupees

ins

Miniatry

Pokiston truppet

will be formed tives of four organisations Mongkong

of Economic Netherland East Indies Affairs, the National Resources Singapore

Provincia! Japan the Control Board and

Commission,

.Production

the Provincial Commodity Sup-

ply Board-Associated Press.

ADVANCE IN.

NY COTTON

New York, Sept. 26.

market opened today up 1 to 18 points.

The cotton

11 faltered for a brief period

2030 .1755

30-40

.3005

0 sen la UTI

--Unlled Press.

New York Sugar

Futures

Thalland: $360,000 for AmeriPress. can construction equipment.

$39,000 Indo-China: American agricultural ment and technical assistance.

Indonesia: $10,000 for Ameri-

can technical assistance.

for

equip-

The cumulative total of ECA aid for the Far East now is $022,205,000. Associated Press.

Wool

Advance In Grains

Better

Chicago, Sept. 26. commercial demand

Ewo

310-

2.03

U.S. Oil Firm's

Licence

Karachi, Sept. 20.

+

20 Tails

15 'Utilities

40 Bonds

272.24

85.87

45.50

103.88

United Press.

EXCHANGE SAGS

London, Sept. 26. The critical state of relations between Britain and Fersle gave the London Stock Ex- change a chili on Wednesday.

The Pakistan-Government has i British Government bonds SAILS: granted the Standard Vacuum | sügged throughout the list, some Oil Company a licence to drill | as much as 9/16ths of a point. for all in both East and West Domestic stocks followed" suit Pakistan.

with textile and rayon Issues especially dull.

Standard Vacuum is the first American oil company to acquire The Financial Times' daily an interest In Pakistan' oll-Index

135.4.-Associated Press,

Prices plus the Iranian tension carried Associated Press.

Advance

grain futures prices higher to- duy. Wheat futures closed 2% to 2% higher and soybeans were 2% to 33% higher.

Prices closed as follows:- Sydney, Sep. 20.

Wheat-price per bushel Merino wool prices jumped 5

Spol per cent higher than Tuesday's September rates at the Melbourne wool sales December

All grades of March (1952) on Wednceday.

and Anc

crossbred May Bales comeback

wool continued to gain.

New York, Sept. 26. World sugar

futures closed today unchanged with totalling 15 contracts.

Contract No. 6 closed 11

CORN

Principal buyers were frem Spet the Conlinen! The second September

after the opening, dropping higher to 2 lower, with sales strongest buying group was be- December back to around the previous toalling 158 contracts,

01050 but shortly thereafter prices moved ahead persistently

to achieve the best levels just before the close.

The market finished just a

shade

nde

off

et higher.

Prices closed as follows:-

Contract No. 4 (world)

|January (1942)

March

the top and 7 to 100 17 July Commodity Credit Cor. September,

points net

T

poration reported

through September

175,084 bales,

that

entries

20 totalled

3put

Contract No. #

January (1052)

This represented impounding March for the latest week of 99,801 ay July bales, compared

with 40,442 September bales in the preceding week. Spot United Press.

KOREAN SCRAP FOR JAPAN

Tokyo, Sept. 20.-

The Yawals Iron Worka and

the Full Iron Works have con- cluded contracts to import 100,- 000 tons of strap iron

6.28 nominal 3.29 traded 6.00 traded 3.00 bid 4.09 bid 0.35

6,30 traded 6.53 nominat 5.30 nominal 5,43 nominal 5:47 tomtra

--United Press.

Oil Production

Drops

lleved 10 be Jasan,

on

account

March (1052) of May Ar the Sydney sales bidding) EYE was brisk und prices generally July buoyant. Better length Mérino September and fitce

and 'bulky OATS wools, Akirtings were in stronges! dt- July inand. Associated Press,

Pepper Market

Steadier

New York, Scol. 26. The pepper market Tvas #lendler in one, alded by bet ler cables from London and Bombay,

Small jobbing lots of spot material were moved at $1.70 a pound early in the day but later sellers were holding 1

2.43

263-1

2.50-

1.50€

1.44%%%

1.8012

1.75%-

1,472-7 1.82

1.77 asked

071-97 September

913.P New York four-per 200 36. sack $11.40.-Unitedt Prees.

LONDON TIN MARKET

Labour Federation's

Approach To CIO

San Francisco, Sept. 26.

The American Federation of Labour's 70th national convention ended today with a bid for peace with the rival CIO (Congress of Industrial Organisation) to merge more than 12,000,000 American workers into one vast AFL-dominated group.

who enacted It

our

The move came in the final Congressmen hours of the AFL's national into law, convention here shortly before the delegatos unanimously re- "It han always been elected the slate of officers head- firm conviction that such real ed by 78-year-old President unity between the CIO and the William Green.

AFL would greatly strengthen The convention already has the ranks of organised labour, London, Sept 20.

insure the defeat of

the Taft- The tin market was very multi-million

dollar political

2 cents higher. Deceraber follows;

'

זי

*•*•· 900-003

Spat tin, buyers shipment was quoted at $1.38, Spot tin, schleir January at 91.5 and January usine done at

Three-mantism tia, buyers pos March at $1.50-1.51 a pound, Three-months tin, sellers

Dio on an ex-dock' basla. -- United Businew done at

200-SAS Settlement

900 -United PresK.

Tulsa, Sept. 20. The loss of oil production in from Iran

world caused the daily Korea. The first shipment of production of oil in July to drop Prost Kerop

iron at $58 per ton, 300,000 -barrels

below F.O.B.

Pusan on June figure, the Oil and Gas in to leave September 25-United Press.

the

gune on record as endorsing trench tho

Tel: Nos. 36066-9,

& ORIENTAL

NOS SEPARABIT STEAM NAVIGATION COMPANY .

R.M.S. "CORFU"

NOTICE TO PASSENGERS

BAGGAGE:

SPECIAL NOTE:

EMBARKATION:

FRIDAY the 28th September at 12.00 Noon for the United Kingdom Vin Straits, Colombin, Bombay, Aden and Port Said.

ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co.'s Godown at NO. 2 Gate, CANTON ROAD ENTRANCE BY: NOON on THURSDAY the 27th September:

With the exception of hand packages carried by passengers themselvės, ALL BAGGAGE must pass through the Wharf Co.'s Godown for loading on board by ship's slinga only.

Will take place on FRIDAY the. 28th September between 9.00 ́A‚M. and 11.00 AM.

TO NORTH AMERICA By CANADIAN PACIFIC

Shortest Fastest Route.

Across the North Pacific

and

ኌድ ሙ

EVERY FRIDAY

stendy. Turnover was 185 tons, campaign in the 1952 elections thence of our great trade union including 125 tons for cash,

Prices-closed at the end of ers.

against anti-lóbour. office. hold | FERME

inovèment in Congress, at ad- the official morning session as

ministrative levels in Washing- AFL President William Green | ton and in the nation as #

the and members of the AFL's Whole,"

AFL thôn san polky-making board, the Ex-revolution said. ecutive Council, pointedly issued Lewis no invitation to John L

However, the - delegates and his United Mine Workers to agreed unanimously that, they come back into the AFL. Lewis would, not coralder. CIO, Presis walked out of the 1947 AFL dent Philip Murray's proposal convention in * huff with his of a peace treaty based on co nots famous statement "we dis-operative political effort but with the two unions remaining Independent. The New York, Sept. 20.

AFL which yesterday

"1 where Closing" quotations for Bank Bus core the so named 18 United States Senators

be substitula Singapore, Sept. 20. in July averaged 11,703,500 stocks were:-

market n Ulmiit nante, defeated in the 1052 for orgunle, labour unity,”, the morning the following rate elections, virtually Bank of America, 17 bid; note on 215 Copra was quoted today - as barrels. This topped July a year

conceded resolution, said, “xunctional single per short ton asked. ago by more than 1,000,000 dar. 20 askodi Chase Bank 86b1d; one per spent that it trede the help of the unity as frequently proposed by Copesmit all was quoted at 10% reis, but was 300,000 barrels 30% noked; Nadong Chiy-Dark Town wider our 1001 E CIO in 1962 to wage an effece Uno, CIO legno, substitute and

Bum Thani (pre 100) oente, a pound. asked--limited under the pravicus all-time re- 45% - bid,

haus | tive campaign for repeal of cannot be pecepted by the cord set in June-United Press. ---sociated - Press-

Vi, ghetron"=" (per-,100) ****** 18.83 the Taft-diartley Ast and ... the AFLA —United Press.

·Copra · · Quotation

Journal reported today. This NEW YORK BANK

was the first month since Jost December 'thal the world out-

| put failed to set a nów record.

The world daily production

QUOTATIONS

Exchange Rates associate

unofficial - exchange

474 asked-nda» gngapore » (širaits)

no

from HONGKONG via TOKYO

4-angined

"Empresses" Pressurized, Roomy

Speedinst Route

Perfect Cuisine

Comfort • Bilingual

“Loungaire” Chairs

Stewardesses

Canadian Pacific

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