1951-11-27 — Page 9

DAL

INTEROCEAN

Ship

ARRIVALS

LUDJALENGKA

LINES

THE CHINA MAIL, TUESDAY, NOVEMBER 27, 1951.

Russian Goods

For Red China

Talpri, Nov. 26. The thing New Taipei's only Ch

lapbaze

newspaper, today said had information

that the

Chinese Red were turn-

and my to Sovkl Russia

the satellite countries for all materials and gouds as against the UN

strategie matériak

From

reprisal

Pas A

Singapore

barne

The

Singapore

& Singapore

Russian-made

Ameries. Africa

Date

10 10

Macapat

6th

De

TEGELBERO"

Japan

7th

Des

VAN BET87

Japan

Fich

Iv

RCYSH

uch

Dec

TUKAMPEK

ncansar, Balikpapan

1 D

Her

Calcutta & Singapore

Ifr

16#h

Macassar

Det

מש!.

TASMAN

เร

Jan

152

EUS

4th Dec.

Penang, Delawan bi & Khagamort

A JAVA Ports

TJIDADAK

TASMAN"

THWANGI

Japon

Japan

SABLINGS

TATJALINGRA"

TRAMPT

BUYS"

TARMAX

TMWANGE

Sincapate

'TU

Java Pott

S

Macassar

4. America

starapure,

Singapore. Africa

Singapore, Penang &

Belawan T

A

Japan Port

Macasa. Java Posts

Singapore. Penaht & Belawan Belt

A Africa Manka Ringaporn,

HOLLAND EAST ASIA LINE

Amerira

KU

D

TEGELBERG"

ደነ

Der

VAN HEUTSZ

Aik

Topan Pur (~

170

1504

Japan Ports

1311

1784

1918

3rd

Jan

TASMAN

3rd Jan 52

-ROYA

General Agents

ARRIVALS

Date

Ship

13th 3.

1540

Dev

1 hall

501 dan

KIELDRECHS AAGTEKİ BK"

AIN LIRIJSK

AAGTTEURA

1214 Dre

"KIELDRI CITY"

13430

her.

MAAGTEKENA“

721

Jan

MAAGTEKENK

Fapar

10

From

Farobe & Singapore

Larian

SAILINGS

λ Singapore

ות

paper's Hong Keag

jceps

zaid and

oorrespondent

other goods have alreddy in Polling and appeared Shanghai-United Press,

HONGKONG

SHARE

MARKET

(From Our Correspondent

Business Con

the Stew

Excitat re th morning wir

1 value:f

$210.976.80 Noon

S the JAUCHTRE

SHARES BUVORS SELLERS SALES

BANKS

TO

Manila

Singapore

& Europe

Ingan via Maofin Manila, Singapore

& Entope

IK Book

East A

INSURANC

Valle

167

125

5 1500 30 FU

DOCKS

N

Wiar: 1

6

KING'S BUILDING TELEPHONES:

28015 TC 28017

ROAD CE 31106 25139-

Dark Powders Whek X/1

14

34

LAND, STC

HK Hotel DR Land

So

9 phrey.

121

CHINESE AGENTS £2, CONNAUGHT

บ

Japanese Trade Gap

Continuing

To

Increase

New York, Nov. 26.

grow

Statistics released by the United Nations statistical office show that although Japan's in- dustrial

continued to production considerably during the first half of 1951 and employment continued on the upswing, the gap between exports and imports widened during the year, making the foreign trade balance increas ingly unfavourable.

Inflationary pressures were

the seen in steadily mounting cost of living index and in the large amount of currency in circulation.

Firmness In Cotton Futures

New York. Nov

The growing population Tus not appeared lo increase un ployment, perause the augasent- ing af in lustrial nerfasing new jobs

Figures

"Develop

Empire Markets"

PLEA BY PEER

London, Nov. 26. Lord Burghley, Pre sident of the International A.A.A., has been elected President of the Federation of Chambers of Commerce of the British Empire. He succeeds Lord Llewellin, whose three-year term of office has expired.

Su Peres H. Mills, has been! elected to

Mr succeed McLean as Chairm

Couch of the Federation

Join! The

At the Annual General Mert-

in Lion Lord Llewellin referred, in his retiring astress,

the Japan to the need to develop 14 the

cecnomy were publistiest in

Nations

issue

or interpretuot [

Foreign Trae statistes shpë

اره

the

Novembr

bulletin adlanan

Hons unthis

11:}4་་་ ་

of the Unite

statistics The

moment

full raw materais une fodstuffs within

the boundaries of the British Commonwealth and Em- glen

:

A.

14- $2.

eri that Japanese aporta, buh

1950 stad n

01 $973,000,000, almost reache that rewe the fir Sve months an presumably will end. 8 Sun.000.000 fa the ful ves

This would

1947 ཟུ“YL༥-! T! gund $1 363.000.000

Japanese Majuts slightly in the first to th 1951 over

the posit pouting period of 1950, at the 1931 falls are not expe te extend Stan0,000,000

W

shadow

Cotton futures were to day as slut move, ang memas December tipas fed strength the balance.

Dealers expert very love Dec

nber ofices to be sud. Meeting th 111257

spot cotton

Baal.or

Certificatelo and

Apeks have been neerlang how total only 8.290 bater

Tous l

nex

MESSAGERIES

M

MARITIMES

Arriving

S.PAVIDE

"FELIX ROUSSEL" “RIK LAKEIM

thee

ī

154-1

12

[+

IN

*"MONKAY"

Dec

Bes

3

**FELIX ROUSSEL."

*BASTIA”

:

Bec

2

21: Dee

Der

27

passengers & freight

M

Butward For

Marseller Japan

Homeward For

Afiten & Europe

Manila, Saigon &

Marionles

Vrtca & Europe

† freight for Saigon, Port Said, Tunis, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp &

Rotterdam.

Rubject Te Chan Tithoni Notice

CIE DES MESSAGERIES MARITIMES P.0. Box 53. Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines).

.

FVDITIES

Eg

เว

S

500154)

10001

126

10

C

Lg 45

03 Ju

14

Meet

12

10 13

140

Bes

21, 23 60

2003 85 221 EU 900 21 1900 21S

;] ;';

INDUSTRIALS

Business In U.S.

Beginning To Show Improvement

New York, Nov. 26.

American storekeepers and the makers of consumer goods got a break as shoppers loosened their purse strings a bit in many sections of the country.

The defence industries, meanwhile, continued their increasingly familiar high rates of produc- tion.

And 11ING Shor

hard chrom UGON red high H

telu 15

STORES

Ew.

t

The

14

" ;'

-

זיז: וו!! ! :)

Da Jaruzel The advance.

4

ture. Steel production was ad tmafest to top 2.000.000

Fo

Elenar Fort

which

Brant a penny more an has

11

for M 101 successive work

SCRAP SHORTAGE Freight carl: adings Were 814,435, compared with 791,403 week, showing the previous

raw matenals that inore

worke e whose wages brushed goods

the

s

1

There

the quick.

were on

the

Dove to and from

hat the tories gvidence

bong-awaited to say than

נוה

above Busines

Soft coal pruduction by de o output were une under WHY. geling LE boust In business the previ.us weeks. Laverally ned i meant a parme hers were at a record far the away of top heavy inventuries, third week

But

a producer many ervilen goods Wartled CINTI

w material restricti da

BRIGHTER

PICTURE

The overall outlook for rly- na gomir was brighter

it has been for some me Dun und Bradstreet,

business reporting serv|0V,

being Some of the honey browed by business was for plant expansion and some was fur building UP Christmas stock

The steel industry was wor- situation, ried over the scrap thate

however A check of inven- that cies of scrap indicated sume ls nught be forced to [1] back their production be fure very long

the

Suid

arly Christmas shopping

dd weather contribute! the steady rise in retail volume.

and

to

sales

tu

Shoppers were reported

appurop increasing

Du- chases with women's and men's

uits and coals ATS Gemand

Jerome 1. ULIN DE

clothing concern of Mas Sons und Company.

turning point fron

del

said the the

low

Severe wintry wealber bas

The

were

serap

largely

starl

15

22.

1

feet le" then

atthough heti

- 200,000,000

He sado. "Entry 17:04 Duel markets can be no adeo:udet

The loss comperisation for Empire markets.

"Continuity Trate of 11- estimable value.

"In the process of building up an overseas market, much capital and much effort is expended

When we socnice

an old- merke for established Empire

foreign problematic market, not only are we abai- to comme the substance for the

EMPLOYMENT UP The 1937 exports were at A

dem ny rating that

balance .. 1 alias ou able reign trade existed before ear as wel! DEAL!] have beR.

taking retired part of the Additional futures stentaned from exp

Guyerome w lower Rons of Crop for cust on December 19

A. Jangan ark wees. 1t

arrangement

Sat, eugleled for an Export-kriport Cottrar Ce Gempare

..

Fuinnes doseni 82 !.. higher to 34 cente love the 11

the previous close

December

Avimen

Rx

FT!

Dally

Wato

2474

Slaceres

147

340

Empor COTTONS

300 m 3,50 500

March

121

Mus

Jubs

October December March Mas

New Issue

Of Bonds

In America

The

ןןן

42.95-43 H

42.54-80

42 28-30

4172

39.16

38 79 AZNAJ 3764 nm

33.36 noutal Associated Press. NEW ORLEANS MARKET

New Orleans. Nov. 16

clased stea Ceton futures

60 cents 1 $175 a baate lugem

Close:

Derember

March

May

July

However, 1

balance rearhea 5242,000,000

$185,300,000

vapie

June

TRE

Mitra de Mah !

Bay

Experts in May were at $147.- 200, delning to $120 200 IF Juta

The dull pures un trucie, supplemented iss ties on freight loading and un- loading in Japanese ports, ex- plude military shipments of the Pnited Nations contrond,

The statistics stressA that for index of industrial emplos - ment rose from 102 to 105 be- tween 1948 ant 1950 and hit 14

we automaticall crap a considerable amount at capital already invested in the Pipire market and undertake I find new capatul to develop

new foreign กรง London Express Service

New Air Route

In South Seas

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, KÖSTON, BALTIMORE & PHILADELPHIA, 9İs SAN FRANCISCO, LOS ANGELES AND PANAMA.

NEXT SAILINGS

M.S.

"LEXA MAERSK”

M.S.

"ANNA MAERSK"

M.S

"LEISE MAERSK"

4 Dec. Dec. 16 Dec. 31

ARRIVALS FROM U.S.A.

M.S.

"LEISE MAERSK”

Dec. 5

M.S. "GRETE MAERSK"

Dee. 20

M.S. "OLGA MAERSK"

Jan. 6

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Sydney, Nov. 26. Empire

¿

!

Tasman

Airways, LAK., 12 planning

scheduled glits

glamorous among the stands at the South Seas.

The company has mounced Puns to start around the end of the year, a flying boat ser vice giving Tahiti its first acrlal

with connection

the outside world.

The hne for years has linked Australia and New Zealand with Suva on Fifi 1,300 miles from

in July 19SI.

There are

a recent statisties available ou the national - come, but the 1940 6gure reveal- el that income grew ronsa ley ably smer the pre-war years in 42.54-57 terins of yen, disregarding the Auckland 42.25-25 der aluution 41.74-77 the wa 39.12

43.10

October

Siput coltes

Plused

-

51 50 a bale highcy, ale

42.35 Alcidling

Associated Press.

stendy 4.607

Washington, Nov. 26.

Treasury Today aned a new is fup $1,118,951,100 in certafiente est vent 1% per ndebtedness at interesi.

The new issues is offered xchan for a bott issue of

31 the

amount which saine Treasury has called for redrop- tion on Der. 15. Baker of the bonds can turn them in for cost instead of the certificat, if they prefer to do so,

The bind issue. wingh matures on December 15. 1953. bears 24 per cint

interest.

D

Sub-

ne

The bonds now being red

wire

72. issued on Der. 1939-Associated Press.

LONDON TIN

Dr. Schacht

Looks Into

The Future

Tel-Aviv, Nov. 20.

However

the

IN

12: The you f.et The new plan call for an extension from Sur to Apta, Japanese! Samor, then to Aitulaki, in the economy seemed to be suffering Cone Islands. and on to Tshi. fron strong inflationary pre-Tahiti

approximately 3,600 sures as seen in the slew rate miles from Auckland.

The of the cost of living index.

Frequency of the service has general index rose from 139 not yet been determined.-- Asso- points in 1950 to 149 in 1951

ciated Press. The money supply grew

from 210,100,000,000 yen in 1947 408,700,000,000 yen in 1950 and dcelined 10 304,400,000,000 ven in August 1949-United Press.

The Rubber Markets

Tel: Nos. 36066-9.

Firm Trend Silk Export

In Chicago Grain Prices

Chicago, Nov. 26.

Expansion Urged

Yokohama, Nov. 28.

Assistant

Director Taiichiro the International

11

Grun tatares firmed today on commission house buying and Matsuo uf favourable trade reports. Wheat, Trude Bureau told raw silk ex- futures closed to 3% higher porters in Yokohama that and soybeans were 1% to 1 Japan was going to earn more i higher.

dollars, silk exports should be Prices of grain futures closed expanded to an anual rate of as follows:

150,000 boles.

Wheat-price per bushes

Spot

December

March 1952.

May

OIL

July

L'ora

Spot

December

Morth (1952)

July

BRITISH

EXPORTS

Exports

London. Nov. 26.

of British-manufar- tured petroleum products in the Brst ten months of this year were valued at £23,000.000, ar: increase of 100 per cent on the

1950. Corresponding period of

in the The main oil exports perlost were:-Fuel oil £9,500,000 (us compared with £3,000,004 in the first 10 months of 1950)

Dil Lubricating

£6.250.000 (£4,250,000);

lubrica- compounds £1,000,000

4.42 40-40 394-40

300-

37-371%

-Unid Presza

ting

(£600,000).

British

SINGAPORE MARKET

Singapore, Nov. 26.

Prices of rubber futures closed expected to Jewish

Thus

the Treasury hopes to reduce interest rates on the $1,118,951,100.

London, Nov. 26. Dr Hjalmar Schacht, Hitler's

Prices of The new certificates will inancial wizard, said here today.

rubber futures daled

Dec

15, 1951, nd will "The future belongs to agricul- closed today as follows. added to

Agricultural Number 1 rubber, in certs critical

1952

countries. tural mature on Dec. 1.

per th. scuation und slocks of unc

ription books for th

e products are sure to rise during

January 2 the next decade." They would Jaquery/March major producer have been

will open on Dec. 1. duced to only few days.

be able to offer better prices for i April June

July/Septembe Automobile pr. duction slumpedá

industrial products, he aites. ressened to 80,489, one of the lowest

Returning to Germany from levels since World War 11. The

Indonesia, Dr Schacht spent turn mens Thanksgiving

holiday and

Hours on Israeli soll at Lydda material shortages

airport, where many responsible for the drop.

open employees stared with

assoriate of foriner The steel

hatred at the companies passed negotiations with the CIO steel-

their arch-enemy, Hiller, but indus- workers

weck and next

there we

were no incidents. heads of the big steel

Asked what reparations he London, Nov. 26.

would Caution can now be relaxed panies already have said an in-

pay thought Germany Prices of in fell sharply this israel, he replied: "It depends somewhat, he added,

û ease in wages will mean

the and steadied nt sound buying programme, cou price increase.

whether we can

money. ୯୫ti optimistic und pled with an

The Labour Department's lower level. Turnover was 60

Germany has always wanted to aggressive sales policy,

Will Bureau of Labour

Statisticsons, including 15 tons for cash. pay her debts." business in the figured the 1935-30 dollar was spell good

Prices closed at the end of months and the year phead worth 53.6 cents in September. the official morning session as

Harold Massey Assistant The same dollar Was

follows:--- worth Managing Director of the Gas 77.9 cents on V-J Day in 1945 Appliance Manufacturers As- and 65.@

December. socation, sald the appliance 1946.-Associated Press. market was better than it ha been.

has been reached and

in

the men's clothing

and

BULLISH OUTLOOK

He sold an increased rate of industrial production of all rise in instal- types, a sharp

mont buying and a break

last

مادة

in the public's buying contribute to a bullish

cents in

the Com-

Supermarket In

The

Manila

Munila, Nov. 26. 4,000,000-pese Republic

apathyer the eppliance mar-Supermarket, believed to be one

first half of 1952.

morning

MARKET

Sportin. buyers

Satu, sellers

מלח

080

075-930 Burtoren done at... Three-months tin, buyers 950 Three-months tin, sellers $236. Business done at

080

Settlement

szi-91715

-United Prem.

Textile Market

New York, Nov. 20. Sales were small in the cotton textile market today, Print

sheetings zel cloths.

ZOO

for prompt delivery.

Dr

who today Schacht, described himself as "a naucier on the inflation business", said

on

today as follows:--- Number 1 rubber.

ger ib. November

December

130-130*, 137-330

January

1052,

Number 2 rubber.

*Novemb

135-134-4

1.71-1312

126-127

139-18014

1314-303

November

Novembri

Number 3 rubber, Number 1 rubber. Spul rubber, unsated Black crepe No. 1 pate erope

147-152 -United Preus,

he had prepared a formula U.S. Spinning

the economic and financial con- ditions in Indonesia, which hei expects to be published shortly. ---Reuter.

New York Sugar Futures

atric

Ex

capacity refinery

reach an annual tons rate of 25,000,000 metric

of end by the

next year. →→→ Reuter.

Bond Market Firms Up

New York, Nov. 20. Somewhat Armer tendencies were evident in the bond market today. The corporates were In slightly better buluriće, with price declines offset by advances to

degree than in greater recent sessions, Foreign loan

loans were steady Washington, Nov. 26. quiet trading

In the foreign dollar sertion, reported

Operations

The Census Buren inning the popular Orient Development

Industry cperated during Octo-Sizce lost at 70%, Tokyo ber at 124.1 per cent of capacity Electric Power Blxes were off a a two-shift, 80-hour week at 80 und the Yolrohams Sixry

up 4 at 74%. basis New York, Nov, 201

continued US Governments This compared with 127.8 per World sugar futures clocki

firm in over-the-counter deal- to 1 lower, cent during September this other constructions suit mostly today unchanged 43 conlower, and 146.8 per cent during Octo-, ings-Associated Press,

Contract No. B closed un-ber last year. changed to 2 liigher with sates totalling 1 contract.

Prices of sugar futures closed

of the biggest in East Aula, was Makers of major appliances, inaugurated today with Vice. he sald, foresce in adequate President Feruando Lopez oM- supply to meet the public de clating. munc, at least through the

The five-storey structure is in

The wool goods market was quiet. | the heart of Manila. It is owned The National Industrial Con- by the 21-year-old businessman.

Rayon goods were steady but forence Bond,

without that William. Li Yao. noting

particular feature- throughout the second quarter An exponition at the various

Autoclated Prost and during most of the third kinds of products, local and the civilian decline culweighed foreign, at the supermarket was the advance of defence, com- opened in conjunction with Die monted; ..

Now that the elvilion sector has: approachod a fationing of ita recession, a balance of op- posing forces has booh stored."

Thai defence ndanicide aented their tipu buy

Inaugurallon-United Press.

New York, Nov. 20,

Exchange Rates

as follows:-

Contract No. 4 (world) January (102)

3.24 mominal 4.73 Mareli

4.70-bald 4.78 110

4.70

CUP OF TEA TO COST MORE

December March 1952:

Chits

December

March 1832,

2.821- 2.07-2 1.03

2504%

1.91

M

-1.89%

1/2 -1.02 12-12 2214-192

He said that for the current fiscal year the goal of the silk

xport

was 85,000 baies, but 2.61 -2.81% under present circumstances It seemed impossible to attain this level.

The Assistant Director is here to make an inspection tour of the Yokohama Silk Exchange.

Mr Matsuo further stated that the Government was not con- zidering paying subsidies in order to maintain a balanced export nor was it thinking of in- ternal control in order to adð-

the Just

consumption of raw

2.91

07-90 1.0085-22 New York Bour-pe: 200 lbs. Sack 512 25 United Press

silk.

Meanwhile, during the meet-

Delegation Ton, exchange officials as well

Empire Talks

London, Nov. 28,

the

exchange

E dealers expressed the desire that foreign firms making profits be permitted to remil oversens a maximum total of $100,000 monthly,

Under the foreign exchange

Mohammed All, Pakistan control law foreign firms are Finance Minister, will lead his not allowed to do so. United

the delegation to country's Commonwealth Finance Minis-į

ters' conference, beginning here!

ou January 16.

The names officials and economic experts who will advise and as.ist him

of the finance

at the cne-week seeret talks will

Press.

Japan Bonds In London

London, Nov. 26.

be announced in Karachil later,

talks on The

the sterling area's gold and dollar roterve Japanese bonds be the first joproblems will

Commonwealth conference Mohanuned Ali has attended os

Minister.

As Secretary General to the Fekistan Govern- i

be assisted the Inte Consols Linquit Ali Khan at soveral Commonwealth Prime Mulstery confermeer in London,

inent,

Pakistan was represented in Previous Commonwealth Plaunce Ministers talks here by Chulth Mohammed, Minister and now · Covernor, Genera).-Router,

force

Finance

SHELL COMPANY PROJECT

New Orlennie. Nov, 20, Omcials of the Shell Oil Com-i pany here innouticed a new US$80,000,000 modernisation and expansion programme for their

"A" (4s. of 1899)

60%

"B" (4s. of 1910) "C" (5s, of 1907) "D" (58. of 1934) "E" (58. of 1934)

5734

100%

75%

123

02%

-United' Press.

NEW YORK MÄRKET

New York, Nov, 20.

· Prices' rogistered the first

gains in six sessions on the stock exchange with improvements ranging to over a point. Trading wás moderntěly netive at 1,100,- 009 shoren.

Oils and rails led the advance, with ¡some pivotuis. In theso

groups showing substantial gains although the advances In the main list were mostly fre tional.

tise

Experts considered the technical ons in view of the re- slump which carried the

23.

Spinning spindles in place on November 3 totalled 23,142,000, of which 20,394.500 were active on the last consuming cotton working day of the month, com pared with 20,106,000 and 20,-

London, Nov. 20. September 714,000

this for year, and 23.092,000 tid

20,756,

The price of a cup of tea- 000 for Octobel & year one.

national: boverage---went up Active

spindio hours 26, por cont in London today.

about 20 miles west of here. Loading tea shops announced pindles consuming colton for Delober

The programme totalled 19,721,000,000 in 'Invrense of a dialfpenny 0.30 uld

to IncreaÉD the cutpin 03 bid

0,740,000,000 up to threepence. compared. with

TLO hae nominal i for September this year and 19,-

petroleum products from 2,100, yo old price of 25%d,hnd DM

sinto 1939, AS-000 to 3,150,000 gallons a day 241,000,000 for October last year, held steady

sociated Press, Associated Press,

† July

Dimens won done in th

jacket Ma excitmiko noming at the following shički-

an

11tim

BA76

Heptember Apat

March (1002)

Contract No. 0

10.69

23,00

May July September

BETA

1,807 Spot

Fid plastron (182 100),

13.40

Copra was trailed at $170 pers. Dollars (pew #1), re-short ton, CIF Lie Pacine stenting note für 41)

Indone users per 100 Blam konts7957 Ads}"

Chist, Corinnet oil was derGA pleat T Conte A pound, 2.0.3.

plemis-United Press,

0.40

United Prest.

for

;

A

refinery at Noteb, Louisiana, the worst level ninco

Router.

"Of 1,120 Issues fraded, 320 do-

is expected dined, 254 were unchanged and

of 540 ndvatíced. Chemicala dife,

cofelderable Mrength. continued HAYTOW. Utilities Molory firmed.--United Proms,