1951-12-05 — Page 9

Page

MESSAGERIES

MARITIMES

MOM

FELIX BOUSSEL"

"BIR HAKEIM"

POMONKAY***

**VELIX ROUSSEL

PRASTIA"

Arriving

Leaving

Bec H Dec A LIFE F2 Dec. 18

passengers & freight

Der. 1

H

Der A

C

26

Der

21

Outward for

Marcillo Campha Put

Homeward hot

N Africa & Europe Maula, Anigun

Marke Des

A

N. Africa & Europe

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

Rotterdam.

Subject To Chan ge

Withoni

Nackte

CIE DES MESSAGERIES MARITIMES

P.O. Box 53. Hongkong

Queen's Building (gr. Boor) Tel. 26651 13 lines)

M.V. “FELIX ROUSSEL”

will sail For

MARSEILLES

Vi

MANILA, SAIGON, SINGAPORE, COLOMBO, DJIBOUTI & PORT SAID.

Saturday, the 8th of December at 10 p.m.

Passengers are requested to board the vessel with their cabin baggage on Saturday the 8th of December between 6 PM and M.

THE CHINA MAIL, WEDNESDAY, DECEMBER 5, 1951.

U.S. Cotton

For Japan

The

Tokyo. Dec. 1.

Japanese Govern ment has decided to im part about 45,003 Lales of ...ollon, valued at about $10,000,000, this year.

Kyodo news servtor said The cottan first would be imported by Indonesia and then resold to Japan to Japanese dollar conserve huldings-Associated Press.

HONGKONG

SHARE MARKET

(From Our Correspondent)

Business Exchange

valued

SLOCK

Noun

Ime on the thais Tuering $470573 10 ates and the owerning's 175- actions

SHARES BUYERS SELLERS SALES BANKS

East Asia

KKS. ET

INSURANCES

Onton

50 43

Widerwate 49 340

JAPPING

Art N

200

115

Via

iche

λ.

Wher

1. H

|: |0

Providers

13 23 10.0 W 17 12

Wheekick XD 34

35

HOU 34

LANI, ETC

HK

5

5 440

HK Land

51

3

12 60

CTICES

:

Tra

153.10.....

197

P

10

O 240

19

C

g

Bagul A

435

35 69

J

Y

sous

STRONY

1.

SDA 3.8m

-*-!! {וי ננ}]

ייִן וּ

42 08.

1500 F

Tokyo Discussions On Surplus Holdings Of

Sterling By Japanese

Tokyo, Dec. 4.

Officials of the International Trade and In- dustry Ministry and the Finance Ministry are at variance in their discussions on how to solve the problem of Japan's surplus Pound holdings, the evening paper ""Tokyo Shimbun” reported.

Estimates Of Asian Sugar

A deadlock occurred over whether Japan St

should accelerate imports from the Sterling Area to use its Pound credits, or whether it should restrict exports to the Sterling Area to prevent further Pound revenue.

The International Trade and

Crop

Washington, Dec. 4 Asia will produce 4,800,000 she tons of centrifugal sugar to Curing this year, according It estimated Japan's Sterling the U.S. Department of Agricu}- ure. This will be a sharp in- Industry Ministry proposed unports between July this year that Sterling import: be f and June next year at £300,- ercare over the 3,900,000 grown wherever possible al000,000 and urged the Finance in that part of the world during

Ministry to extend expense of dollar imports.

the terms, the 1950-1951

year et imports trade bills as a med

Coming Philippluc production WAS

al estimated 1.180,600 Was sure

encourage purchases from the Sterling bloc.

lens, which will be a good m- The International Trude and creare over last year and also Industry Ministry

also asked beyond the average island crop That yen loans to importers of

during the years 1935 to 192. Sterling Area goods be

sugar year's made Lus!

Philippine

al 935,000 available B

crop was recorded more moderate

fons by the Agriculture Depart- basis.

TORS

The

for the mun! 1905-1930 period was 1,058,000

Formosan

Campaign Criticised

Dr Moulin

Taipel, Dec. 4

OF

Chiang, chairman Joint Commission the Jed Reconstruction, yester

official counted the first Portia note we the Govern- blicized Call- ments widely #aginst the rise of price: agneultural products.

1

2X,

23

I

1000

Erectile

21 21 100W/

2200

21

' Mo INDUSTRIALS

145 24%

332 / 31 150

14

tracto!

+3

STORES FI No baggage will be

120052007 201

Dairy

Baggage Room and Hold Baggage will be registered Kowloon Godown No. 50 (No. 2 Gate Canton Road Entrance) or Friday the 7th of December from 9 A.M.

NOON and 2 P.M. P.M accepted for registration after this time.

CIE DES MESSAGERIES MARITIMES

P.O. Box 53, Hongkong

Queen's Building (gr. floor) Tel. 26651 (3 fines).

Kenya Booming As

A Holiday Resort

London, Dec. 4.

If the enterprising businessmen of Kenya one day have their way, East Africa may become a holiday resort as popular with tourists as Switzerland or Bermuda.

The Colony's tourist trade continues to grow year by year. In 1948, tourists brought some £2,000,000 to the country; in 1949 this figure rose to about £3,000,000.

The official view

that

18 162, 1500 183, 1463 18,65

Wat-"

21 30

COUTONS

3 30

SCUB

500 * 1876

8990 253,

Exchange

Rates In New York

L'anuda England total

Australia

New York. Der

US$0.96

unufficial

New Zealurid South Africa

Belgium

Dettmark

France

Weal GermRY Holland

Italy

Norway, Portugal Spain Sweden

EXPORTS TO HK

The Finance Ministry oppos the MIT plan and in-isle that exports Lo The Sterling Atta.

Hoogko 14. particularly Culd be curlantes,

The Finance Mustry argued that high prices in the Ster in Aic would make impio. able to OBOTCASE Sterling amp. ri:

In a report atbinitie, before The Fierer Ministry further weekly Sun Yat-sen demanded reduction of the pre- morial service

Kent

Bix-month exchange con- cand that during the leg three tract period for Pound Bills vers the Joint Commission on three months

Dr

Haul Ree, nstruction. 1 join The deadlock in the dis to b was experied Sun-American agency, had dis- cassion Elec LA Taiwan former

solved by the intervention of a US$10,000,000 top-lev conference

top-level

between pro- Finance Minister Hayato Ikeda, Nevertheless, agcultural

far from the International Trade" And Runes weir

oals fixed a year ago.

dustry Minister Ryutaro Taka

Tasure to the

average

This American estimate of the coming Philippine production exceeded that

of the island G. veroment. Dr Urban

Zatra Philippine Embassy Commercia! Counsellor, told the Agriculture Deparment recently he expected the brands to produce 1.120.00; fans of centrifugal sugar during: the current season.

pro-

India, *5 heretofore, was thown by the Department to be the trading Asian sugar ducer. The crop there this year is set al 1,575,000 fons. Centrifugal production there last year

was shown to been 1.480,000 tons.

Formosa is expecting a sharp production inervase this year. while Indonesia is shown to he Boving toward pre-wer levels.

have

CHINESE OUTFUT The expected Formosan crop was set at 550,000 year

Di Chang attributed this hashi and Director-General DI *xcessively low the Economie Stabilisation Bourdi vels of farm: product prices, Hideo Sudo in the near future.

le urgen a revision of

MIT! Lize

Minister Takahashi this earlier yesterday expressed his ubjection to the idea of re- stricting exports to the Pound Sterling area.

e price policy which, he said, Lasi restricted 1 increase of ree prices to nuly six per cent while the retail prices of cloth- tools have in- ing materials or creased by more than 180 pe-

ent since last March.

However, the Premier Chen Cheng announced Legislative Yuan

the

this morning that there would be no increase

1. the prices of rice and other! Baily necessities

Governant

and that the

was preparing make direct sales to consumers

order Franci -Preuse.

to fight infetj.n.--

The Rubber

Markets

France-Presse.

Philippines' Production

Of Tobacco

Washington, Dec. 4.

10s. compared with 387,000

This 300,000

tons last season.

Indonesia

given esimsted 465.000 tons

with year, compared Spet season. The Indonesian years average during the 1935- 1939 period was 1,207,000 tons. the Department said.

Bate

3th Dec.

21 **

Bib Dec 14th Dec.

Alb Dec. 10th

Dec.

31st Dec

ISE

Ship

"VAN BEUTSZ"

"TEGELBEBG"

"RUYS" "TASMAN" **THWANGI"

JIBADAT" TARMAN

Jan. 32 "ROYS"

7th Dec. 9th Dec Det

14th Dec.

3rd Jan. '52

"VAN DEUTNZ" TEGFLBERO"

"RUTS"

"TASMAN" "TITWAND"

"TASMAN"

3rd Joh. "52 "RUYS"

JTub Jaty, '52 "T41DADAK"

ARRIVALS

Japan Japan

From

3. America Africa Penang. tesawan Deil Mack Javn Ports Catopita & Singapore Japan

Japan

BAILINGS

Singaporr, Penang

Singapore

& singapore

& Ringapure

Ta

Betawan Del

Singapore

Africa

America

Japan Poris

Japan Ports

Kingapore. Java Parts & Mar

Singaporn jakarta

Belawan

Manila, Slogapore.

& Alston

A marlea

R

Dell

Penang

Singapore. Proang & Belawan

General Agents: HOLLAND EAST ASIA LINE

Imte

11th Dec.

19th Dec.

tsi hall Jan.

Ship

ARRIVALS

From

Europe & Sloerpore Europe & singapore

Харал

"KIELDRECHT“ #LANTEKEHK" "OVERIJSEL"

SAILINGS

TO

Stanija, Singapore Japan via Mantia

& Europe

Ther

21rd Dee.

"KIELDRECHT"" **AAGTEKEAK"

KINGS BUILDING TELEPHONES 28015 TO 28017 CHINESE AGENTS: 2 CONNIAL-GHT

ROAD C TEIS: 31198, 25138.

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via SAN FRANCISCO. LOS ANGELES AND PANAMA.

NEXT SAILINGS

M.S. "LEXA MAERSK"

M.S. "ANNA MAERSK"

M.S. "LEISE MAERSK"

ARRIVALS FROM U.S.A.

China is credited with an esti- mated 400,000

this

year.

M.S.

"LEISE MAERSK”

bout the same as fail.

Other Asian sugar producers turn out but small segments of The total Far East crop.

M.S.

"GRETE MAERSK"

M.S.

"OLGA MAERSK"

topan is credited with 49 000

tons for

season. 167,000-ton

for the coming compared with yearly average before the war

to for

The Philippines are expected and Pakistan is looked

of 90,000 tons of centrifugal sugar to grow 70,000,000 pounds

Lobacco during the year ending-A-sociated Press. next July

The Department of Agricul thre in a world survey estimates į

NEW YORK MARKET

New York, Dec. 4. World sugar closed today

whole of Asia to produce 2.790.000 000 pounds. The Philip unchanged

the

futures

39-day futures 90-day futu

2.0-5 32 2.35 bid 238 usked 27-13/16

20

2 22:

219

2 BD

OWA',

1455

020-9/15

4 20

28:30

11062.

1405

347

,0265

.0935

Swizerland

2200

MIDDLE EAST

Exyn

2 88.

the

Ira

03125

2.81

Turkey Winch LATIN AMERICA Dr Livingstone! Argentin

Lurgeen- have London Express Service.

factor in

5275

0705

Brazil Bolivia Chile Columbla Cuba Mexico Peru Uruguay Venezuela

0500

per ib

50

4025

January/March

1 (10

April/June

1156

July/September

0050

4024

2004

FAR EAST

India

2102

Pakistan

2030

closed today as follows:- Number 1 rubber, per 16,

Hongkong

1753

.3040

Decernber

13934-4

Singapore

3595

Junuary (1952)

13714-12

360 yen to US$1

February

Eart Far

--United Press,

Number rubber,

13444-46

this

Keaton,

128-129

21.065,000

And last year, some 20,000 people visited Kenya tourist trade will become an in-frac

creasingly important and the money they brought the economy of Kenya.

something added about is with them £4,000,000 to the Colony's could earning from "invisible ex- ports."

Kenya has been fortunate in valuable free getting some publicity

The Alm production of "King Solomon's Mines" gave many people their first glimpse of the attractions of East Africa publicity and raio

connected

with the release of the Alm in the United States was heard by millions more.

never

Slow Trading|

In Cotton

New York, Dec. 4.

icday Cotton futures closed with a minor net chonge after sce-rawing over a range of 35 The choice of another film

prints. Trading moved along East African setting, ta with an

slower No Vultures Fly," as awaited the "Where this year's offering by the film report on Monday, industry for the Royal Command Performance, is another victory for the East African Tourist As- cociation.

pace as deulers Government crop

the $3

Reactions to near cent level attracted some trade and exporter buying but the upturns met scattered hedging However, the and realising. But there have been disap-

overs!! volume of Southern pointments too Plans were offerings remained on the light made by the Association to at side. Experts felt that Souther

continue to be

tract the

class middle-income

selling would

!,

to

American tourist to East Africa, limited under the 49-cent line. but this tourist trade has been

The murket opened up 1 to 9 hit by unsettled world condi-

points, then went up to gain 19 tions.

23 points and thereafter lower to drifted irregulariy

on December finish up 1 paint and 2 to 14 points lower on the other positions.

Prices all follows:---

Spot December March (1932) May July

JOINT VENTURE Nevertheless, It is hoped that a new source at dollar income may be derived from Americans

from the vieting Kenya fields of the Persian Gulf.

The East

Tourist African

Joint ta a Travel Association venture by the Governments of Konya, Tanganyika and Ugande and certain local private terests. In three years, it has! definitely put East Africa

the tourist map.

days when

The

"Darker. Africa"

October December

In-

Birch (1933)

May

closed today 18

44.18 aominal

NEW ORLEANS MARKET

Indonesia

Jupan

LONDON TIN

MARKET

The tin

London, Dec. 4. market was quiet. Turnover was 80 tons, includ- ing Ave tons for cash,

Prices closed ct the official morning follows:-

the end of session A

Spot tin, buyers Spot tin, sellers Business done at

942

940

Three-months tin.

buyers Three-months tin.

sellers Business done ut Settlement

015

020

020-01

040

United Press.

Pepper Market

Prices

گردیم

London, Dec. 4.

rubber

chised today as follows:--- Number 1 rubber, in

January 18321

pines

to 2 higher with

will be by far the heaviest sales totalling 171 contracts,

Contract No. & closed 2 lower producer in the Orient, while in

the Near East Turkey Is the to 2 higher, with sales totalling 414-4eader with an estimated 210-216 contracts.

41-41 000.000 pounds.

401-4 2844-39

The Far East estimate is 37135,000,000-pound decline

United Press. SINGAPORE MARKET

Singapore, Dec. 4.

Prlets af rubber futures

December

Number 3 rubber,

December

Number 4 rubber,

December

Spot rubber, unbaled

Black crepe

No. 1 pale crepe

Grain

the 2 825,040,000 pounds

Contract No. 4 (world)

(1982)

2

January March

from May

pro-

July

duced last season. However, the September duced Philippine exuma.ed

October crop 15 Spot slightly more than 4,000,000 Contract No. 4 pounds for that nation's crop March 1952) last year.

May

July

being October

Formosa is the next largest September

producer,

credited with 17,836,000 pounds Spot

The

compared with

pounds last year.

ed!mated

world crop

1894-%ending the middle of next year

100-150 -United Press

Prices

:

In Chicago

forecast at pounds, compared wit

4.85 bid 4.92 bid 4.02 bud 4.92 bid

4.83 bid

4.83 nomina!

4.03

5.21 bid

8.35 bld

B.40 bl 5.48 bid 5.43 nominal

United PresS.

7,435,000,000 Exchange Rates

В revised estimate of 7,125,000,000 pounds for

The

Business was done 1950-31.

pre-war unomial exchange average, the Department said, is morning at the following rates:-

US Dollars (per $1) 0,597,000,000 pounds.

Dec.

7 Dec. 16 Dec. 31

Dec. & Dec. 201

Jan. €

For Freight and Further Particulars please apply to:--

AGENTS:

JEBSEN & CO.

Tel: Nos. 36066-9.

Pedder Building

Fly TO NORTH AMERICA

By CANADIAN PACIFIC

Shortest Fastest Route

Across the North Pacific

EVERY FRIDAY

from HONGKONG via TOKYO..

"Empresses"

• Pressurized, Roomy

the loos) market

• 4-engined

this

0.01

13.53

3.30

28.00

1.74

13.45

› "Loungeire" Chairs

Sterling note (per £1) Expected moderate increases, Indonesia guilders (per 100)

In production in many countries Bian tieals (per 100) account for the larger crop fore. Bingapore (Straits) east for 1851-52. Larger output FIC plastres (per 100) of leaf tobacco is forecast for every major geographical area of the world, except Asia where a slight decline is indicated.

of

Chleago, Dec. 4. futures closed today Grain m:stly higher, strengthened by

The 1951-52 production rally.

in zoybeans. Wheat Bue-curod leaf, the principal futures closed % lower toype eparing world trade, will the 1930-31 than larger higher, and

be coybeans 1% 10 2% higher

harvest, the Department sald.- Prices closed as follows:- Associated Press. Wheat-price per bushel Spot

December New York, Dec. 4. Spice trade continued to be a

March (1002) May dull affair es dealers awaited

July the

developments. Korean Business tome to

virtual spot standstill with prices generally December

March (1952) unchanged. Inquiries appeared

Mey mostly for information purposes July

11

2,4336 1.877

CORN

1.0194

1.00-1.00

3034-1 1.8335

RYE

"DATE

Viented first half Decembor

Deevoober

March (103)

one dealer commented.

Epat and December delivery December

43.00-43.00

43.10-43.22

43.00-43.03

43.02-43-54

40.22-40.20

3.06 nominei

30.60 naminsi United Press.

on

enly

Spot

43,00

December

43.12

to

March 11002,

43.18

May

43.00

Ju

42.03

Oclober

39.79

December

30.20 bid

March (153) May

9.00 Bil

30.03 bla

„United Press.

at $1.54--1.50 United Press,

a trip was an ad- venture undertaken only by the have Intrepid traveller

most

gone forever. Kenya's big game attractions may soon becOMIC DA popular with tourists as ski-ing in St Moritz is today.

were quod nominally at $1.85 March (1052)

pound. Local resellers I-

shipment at $1.87, second half

Japan Strike Settled

Tokyo, Dec. 4.

A natiomsade 18-day electric

strike that brought 18s power

£.05% 1.00-2.0015 plants to a standstift ended to-

06-44 1.0216- New York Bour-par 200 10, Back, $1.54, January $1.48, March 113,20.-United Press. 91.44 л

ail on an ex- ported, dock basis. Decembership-

ment from India was reported Japan-Sweden Talks

Japanese Bonds

Japanese bonds

Londen. Dec. 4.

5015

1971

United Press.

148. of LADY "B" 4. of IB10) "C" (58. of 1907) "p" (5 of 1634)

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Hopular Berel.co direct or with transbipment.

DIRECT when Japanese electrical SAN FRANCISCO, LOS ANGELES day

A mediation workers noctpled

Quam, htärinen kolätids, kiterpuedan falando board compromise.

The settice will give the Japanese electrical workers A base monthly wage of 12,400

walk-out tinton

phd "TRABE WIND" Tokyo, Dec. 4. Taipei, Dag. 4.

Japanese Government sources were, rainfall almost brought # WALAKA : BEAR" Baid today that trade talks with major, erials to the hydro- of hotel accommodation

Inspired by the exhibition of

{"FLYING BEUD" New York, Dec. 4, Bweden will begin on Dec. 7{ölectric mutinity," transport facilities unable to Japariete goods currently draw-

I to

shus-oth Emergency power.

"CHINA BEAR" „keep pace with the now of ing crowds here, #5 I planned

today In Tokyo. The purport Copre Was quoted Thurshid, "The Tourist Travel Ahola a display of Chinese goode $107.50 per shurt ton asked draft a 1982 trupe Agreement were raged throughout the fermocladion and vapörlad do bare bi okyo, A meeting tomorrow nabit all Was quoted at mind fix amwihod of payment poutitey und Jubar", Hall in Band, with delins the project. 11 cant pound nominal wawe te miringa joprolly wits first. Ameen da

SIT ORGASMÅLBasozlated Pres. however.

Associated Press.

At the moment, the provision

and

clated Press,

to

United Press.

per pound. -

The

Balle

Kan Franklin

BIYNI

Bat Francis

Dec. 19. Die 23 Jun. 20

Jan 30

Dra. 15.

Dac, 24

Jon 01

For

Ssh Frencbreo & Los Angeles

Bra Fragélico di Los Angeles

vie Hobe

San Francisce & Lane Angeles [San Francisco & Los Angeles

-vlu Yokohamra i

MAGNI, QUber's Bänding, Tel; taION.