1951-12-06 — Page 9

MESSAGERIES

MARITIMES

M

Arriving Leaving

"FELIX ROUSSEL"

"BIR MAKEIM''

MONKA)''

THE CHINA MAIL, THURSDAY, DECEMBER 6, 1951.

Russian

GOVERNMENT TO REVEAL

M Coal For POLICY ON EXPORT OF

Outward For

'Start

Dec

Dec }:

Det

1

де

Markelli

15

Homeward Fu

Be

F

~ VEEAM A

FELIX ROUSSEF

1

ታት። .

J

Marebin. -44

"BASTIA"

Ilve

Jo

Jan

27

pa-sengers & freight.

Marrettles

At Iutupe

Freight for Saigon Port Said, Tunis, Algiers, Oran, Havre, Dunkirk, Antwerp & Tanger. ('ssablation

Rotterdum.

Lhyet kilpa

W1 Nolue

CIE DES MESSAGERIES MARITIMES

PO Box 53. Hongkong

Queen's Building tr

Hour Tel. 2965 4 Bl.

M.V. “FELIX ROUSSEL”

wilt san! For

MARSEILLES

MANILA, SAIGON, SINGAPORE, COLOMBO,

DJIBOUTI

& PORT SAID.

L

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

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

Baggage Room and Hold Baggage will be registered:

Japan?

Tokyc. Dec. 5.

The Soviet Mission and u Japanese industrial com- pany are negotiating for imports of 400,000 tons of Sakhalin coal.

The

Suvad

Mission

had

emixes the export at

Sakhalin

DURA

Japan

1 ALORI Just

Com-

has already obtained per- skin from the Ministry of

CAPITAL

EQUIPMENT

(FROM OUR OWN CORRESPONDENT)

JAPANESE

London, Dec. 5.

Government's Some indication of the new policy towards the export of capital equipment to the Colonies may be given by Mr Peter Thorney- EXPORT OF croft, President of the Board of Trade, this week.

He is to be asked by Sir Ralph Glyn, Con- TIMEPIECES International Trade and Indus servative MP, on Friday to tell the House what steps are being taken by engineering firms engaged in the export trade to British colonies to obtain the necessary licences for steel.

To import coat un applied

of the ilo atanım

Pounds Lir Imports. Ministry

FE

kose te

the

Aero ime to financial circles. Ministry authorities will allocate the unnaSLEY Pounds to the company if the latter succeeds in sigting a contra.4 for projectet Gal noort with representatives of the Soviet Museron

be

An A agi Inchistrial Company Toker man and that the Sovin! repressointives promised a reply. the empany's request by the she of this year "TF16" Soviet

would impacter # $10 on and $16 when brought Yawara Kyushu

talk- Anim. Inlustrial Company and the Soviet representatives come suveessful conclusion, da projeeled import will be realisert between Aprid and Septemb

ymar, tumeist cardes ndia -

1.

P

between

the

Keen Bidding

At Sydney

ad Kowloon Godown No. 50 (No. 2 Gale Canton Road Wool

Entrance) on Friday the 7th of December from 9 A.M. No baggage will be NOON and 2 PM to 4 PM accepted for registration after this time.

CIE DES MESSAGERIES MARITIMES

P.O. Box 53. Hongkong

Queen's Building (gr. flour) Tel. 26651 (3 lines).

For

Urgent Need

Settlement Of Finances In

P.I.

Manila, Dec. 5.

One of the major problems facing the Philip. pines today is the urgent necessity of settling the nation's financial problems in order to make it pos- sible to rehabilitate the country and build up its industrial potential.

It appears that there are two major means of meeting the nation's financial requirements. American aid and Japanese reparations.

!:

The

wal announcement t

anch smulation

uule to pay.

The recent

John

On

115

The PhilippTION, Therefore,

ladegimi a di sanese Re,utams Misson elvarly facing a

Monda January the one hand, if she insiste

64.24386 full maratons froin Japan she

park of the Unite the amount which Japan all be might inse

badly which Sales und

On the other hand, if the

abandons Adrumstration demand for substantial Japanese reparobons, the Philippines Relation

United ask for createdl elt water on the insistent

move will for US$8,000,000,000 in States and, at this

he hunter displease the Naturaiss.us, who patiens because

Senate in the with control the that large

reparations

might cause the next Congress. United States to grant ali

Visit of Senatoa Sparkman, Chairman of United States Senate Foreign Sub-Committee, thres

from Jupan

country's cunanty

rit

clas

1

here believe Observers

ti al vel

Japan in order to stabilise that this questan say be the

of the Nacionalista-Liberal tight in the next Congress-France- Presse

ingly

and accort- lessen the amount of a::

which the Philippines

Countries may expert United States

or other

from the

The Philippines needs money to improve its budly in order

agriculture and build up an in- dustry of her own which woul:! be designed to conserve much needed dollars fo balance trade

as soon as possible.

Tive

The United States,

through i

the Economic Co-operation Ad-

ly small, especially when it is considered that it must

More Out

Of Work

Sales

Sydney, Dec. 5

Wood sales continued here to By sendi kennd wide spread Competiti, rum aft sectors of 1 Ender

HONGKONG

SHARE MARKET

was

(From Our Correspondent)

Business done on the Stock Exchange this morning

N $234 206.15 Valut d rates and the morning's trans- actiona

3

HK Bank East Asin INSURANCES

>HARES BUYERS SELLERS KALFB DANKS

1670 128

$10

100

172%

Underwriters

DOKS. ETC

K Whart

GKS

NP Wharf Thick Provident 410 3.30 2000 13.15 3000 13 16 34 34 300 e 34%

Wheelock

LAND, ETC

HK Hotel HK Laud S'ha Land Humphreys 1:TITIES

Fram

Sar Perry

Mr Thorneycroft's answer will be awaited with great interest.

A recent Ministerial statement that the Cabinet was giving serious consideration to the prob 1m of raising colonial pro- duccion led to speculation. the Government would shortly a scheme for giving capital priority to exports of equipment to the colonics,

The President of the Board of Trade, however, is unlikely to be in a position yet to announce such measures.

announce

Tokyo, Dec. 5. The export of Japanese time- pleces after months of slump Is beginning to show an up- surge with orders and Inquiries coming in an increasing volume from Singapore, Indonesia and Thailand.

ROYAL INTEROCEAN LINES

HOTJIWANGr

SAILINGS

To

Yugapore Penang & Belaung Bel

Airira & Sinenture

Shto

Eated

VAN HEUTEZ

7th

Ber

TYGELBERO"

5th

Dri

"RUYS**

1203

Dec

Japan

"TASMAN"

14th Des..

Japan

1917

DEC

Singapore.

rd

th Jan.

**OLUWAR

"TIBABAK"

(0111

Jan

**2

1 A

Jan.

'52

"TASMAN"

"ECYD"

ກາ

America

&

Macautor

Singapore Dikasta. Belawan be

Pena

Mania, Mingapure. *K2

iraזי מA

21DEN VOYAGE

To Singuparo. Java &

FIRERPOCE, Penang &

ARRIVALS

From

Afrika

Marat Belawan

Dedi

9.

“TROKLBERG"

2+1 Doc

Dos.

Dec

5

Arvika

18th Ber

5 Africa Penang Newan Dr Macarent Jana & Singapore

X

Ningere Singapure

"RO18" "TAIMAN" “TJWANG}"

General Agents

SAILINGS TO EUROPE

"KIELDRECHT"

"AAGTEKERK"

"OVERIJS81."

12th

BOLLAND —

EAST ASIA LINE

December 1951

3111 Junnary

1932

6th February

1832

"th March

1952

Orders and inquiries recently receive include: that 1 India:--Negotiations are under way in India for the purchase watches and of Japan wrist

the canteens lum clocks for

the Indian armed forces. In "HOOGEÈRK" addition, Daini Seikosh & Co..

SAILINGS FROM EUROPE and other large watch- Lld.

have intely makers bulky inquiries watches and alarm clocks. the

Indeed, any hopes that Govertiment may shortly adopt cipfinite measures for securing steel supplies larger

for in- dus ries engaged in export to the further ty colonies receded when it was officially announced

of

оп

received wrist

Singapore: Exports to Singo OVERIJSKT."

had been which pare s'nce the middle have

Reils Truen Ratt:rdam

Arrivals at Henettone

"AACTEKERK"

Jed Decembe

1971

slock of last year. been making a better October on #7- hewing since

un of the mooth issuUE

"HOOGKERK“ "AAGTEKENK"

1st December 33x December 30: A January

1951 1901

1832

St

January

1932

20%

February

1932

615 More I

4952

of

that "increasing difficulties in Import leennes. Inquiries on

10,000 timepieces maintaining exports must

about Bo

coming from ก

spel. o a dived vestl nartages."

AN ASSURANCE

a

The statement said that in number #f CASCS previous stimates of export have fallen short of expectations for this

የነ

Singapore

вте euch

to

ath. Indones a-The Meiji Watch and Clock Manufacturing Com pany has contracted to export

of watches $37,000 worth 1400 35

Indonesia Thailand and Pakis- ᏄᏍᏛᎩ . Formosa and the Philip- have also recently pines

merged as potential customers of Japanese timepieces.

6.90 5132

500 5 1.30 1 59 12 60

1 16 85

500 16 60

120

-ight 4

gal N

.14 2000 i 633 6.00 800

9:30

6

1000

di

Telan INDUSTRIALS

Cebient STORES, ETC

Dalry

ge 81 9.09

22 Bone)

14, 14

2 B10

23 200

20.00

132

21

153

1a 89

เป

JSP

72118,

20018.

-eason.

Firs were encountering Muine

in securing steel for mojatenatics and plant repair

Your correspondent Wis that ssured to lay however, when the general allocation heme for steel comes to operation early next year, the

The Japan Watch and Clock Acciation disclosed that Japan

timepieces i xported 14.300 August 17,000

in September

d 29.000 in October-United

100 14% Colonial Ofice will continue to Press

393 18".

Wats d

COTTONS

Ewn

Yanglaze

25 39

Crawford

32-14

TANKOUS

i Hu

3.50

500

4

Europtown Packers predominsteri ་་ Red supper from Braai 3.com is local mills.

market conditions the value for all at dia and Comeback dexrip- ons who compared with the previous day, moved in sellers

sacdict to 151 Great Lence at the auction Sold were 33.667 bales, representing 98.5

of those offered. wwekly report 1 the Commission Wool

that average wool at wool auctions than in

Ma

sh wed MLS 14

Australian

raw

! wook were, kower

the preceding week.

Last wicks prices were.

164

171 ] T

petace

70's

Cotton Prices

In New York

New York, Dec. 5. Prices at con futures closed T pound,

159 today follows:- pence; d' average 147 perice: 60's, i Spe average 126 pence. 111 perve. average, BO's good average. 93 pence ant 50's goou average, 81 pence.

United Press.

132 pence. 38's good

AIRLINE

December

March 1857. MAY July

Octuber

December

Maren 09551

May

FARE

COMPROMISE

Nice. Dec. 4. The International Air Trans- announced to- part Association

airlines flying North night that

New between AUanue

routes

start a York and London wil! 1358486 round try tourist service next your.

A compromise agreement

after

day's eight was reached of debate and provides for the US$486 fare from April through October. During the her winter months the rate will be US$27V ane way and US$417 round trip. The present first class round

New York trip between

US$771. The London is

US$618.20. rate is scason United Press.

عارنا

watch opci Letonial yine users.

of intere is

In addition the Colonial Office JAPAN

is considering possible mean of

WANTS

stepping up exports of capital ITALIAN RICE

equipment to the colonies,

Tibet Trade

Monopoly

The

Rome, Dec. 5. delegates

The Japanese the general conference United Nations

of the Food Agricultural Organisation terday discussed the possiblity

KING'S BUILDING. TELEPHONES: 28015 TO 28017 CHINESE AGENTS: 82, CONNAUGHT HEAD, C. TEL5: 3119%, 25133

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

NEXT SAILINGS

and

M.S. "LEXA MAERSK"

yes

M.S.

"ANNA MAERSK”

M.S.

"LEISE MAERSK“

of increasing Italian export a[

with Japan

Taipei, Dec. 5.

rice

Peking regime is now Ministry.

to officials of the Foreign

iti

hig!:

Trudi They also discussed the question of increasing other king monoply Tibet's internal and Italian exports.

Informed circles External Trade with the creation

under 10 bring

ARRIVALS FROM U.S.A.

M.S.

"LEISE MAERSK"

M.S.

"GRETE MAEKSK”

that Trade Foreign

Ministry was not in a position to under- regard-

sald

M.S.

"OLGA MAERSK"

rice in the

The

crops

Po

of the "Himalaya Trading Car the poration" at Lhasa.

The pro-Nationalist news take new commitments

Lantil exports agency China Union Press said ing

to done Tibelan

financial magnate damage

by floods supplied most of the corpora- caused

Valley Lad been assessed.-

43.95

43.51.4353

43.10

42 97

е

42.FL

39.02

36,18

38.97

39.73 ---United Prest. NEW ORLEANS MARKET Spot December March

Ike

on's 2,000,000 rupees capitał but that the enterprise is! France-Presse.

headed

a Chinese Com- by

Chi-shib. Liang munisi, general manager.

24

ang is said to be planning Japanese Grain

st up

42.80

L

1062)

43.10

U

May

$2.00

July

October December March May

42.50 39.60-09.C;

bruncher and

¡1952)

Th

United Press.

brauches

throughout

and sub-

Tibri caravans with to send Jesal products of fure, Chinese and others for medic herbs

market, returning

The Rubber ashlights, shoes

Markets

London. Dec. 5. Prices of rubber futures closed today as follows:-

and off

Number rubber

per ib.

January (1852)

New York Sugar

Futures

New York, Dec. 5. Domestic sugar futures No. 6 closed 2 to 3 higher. March..

Washington, Dec. 5. The Department of Statistics the

May

1.37 bid

5.42

6.51 futures

No. 5

4.04 bld

484

4.95

4,95 nominał

muistration, has promised as yesterday announced that sistance of US$250,000,000 over number of unemployed in the

The United

had States

increased July

World sugar a period of five years. amount in itself

comparative-slightly during November,

closed 1 to 3 higher. that The announcement said

March be the number of unemployed was, spired over the entire period, however, much lower than that y

On Nov. 10 The amount actually given the of a year ago.

Rid so there Philippines under this

unem- 1,820,000 ployed persons in the United States, that is to say 212,000 It is for this reason that the more than in October but 412-

1ET has been a more trickle.

A DILEMMA

Philippines is pressing

olccalore, repeatedly

were

the

September Raw sugar spot

5.81 bld Associated Press.

TEXTILES QUIET

for 600 less than in November 1850. The Statistica Depan ment The No-

New York, Dec. 5. Japanese reparations.

added

that

number which Was

The cotton textile market was clonelista Party.

10

Buying interest quiet today. victorious in the last Senatorial employed persons on Nov.

claimed anmounted es 61,330 000, showing

was dull.

The woul roads market was that the Philippines has asked a decrease of half a millon the United States so many times when compared to the Octoher

for the Lalance of the with November vity for assistance that it has become Ogure, but an inerobte of 85,000 slow. Dealers expect itu açti-

month. hopelessly tied to the aptous compared

dull.- Rayon goods Wore strings of the United States.

Nacionniletas claim too

Associated Press.

1050-France-Presse,

January/March

April/June

July/September

France-Presse.

as

Press.

Purchases

Tokyo, Dec. 3.

rice,

A tulal of 172,144 tons of rice Indian from India with manufactured and 277,066 tons of wheat were buttons, purchased by Japanese importers articles. such needles, fountain pens, watches, up to Nov. 27 from the oversean under the October- and paper-market

December foreign currency budget,

according to the Jiji

ious of Of the 172,144 $1,000 tons will come from Italy and the remaining 81,144 tons from the United States for the trade first time since Japan's reverted to private hands in 1947.

Of the total of 277,056 tons of wheat, 111,888 tons will be im- 1151⁄2ported from the United

and 105,188 tons from Canada.- United Press.

Japanese Bonds

10

centr

41-2 404-

London, Dec. 5. Japanese bonds

"A" (45. of 1899) "B" ¡4s. of 1910) "C" (55.

64

of 1907)

102

"O" (5%.

of 1934)

2

38% 30-1734

E

(5

of 1934)

Consols

62

-United Press.

Unived Press.

SINGAPORE MARKET

Singapore, Dec. 5. Prices of rubber futures closed today as follows:- Number rubber, per lb.

December

January 1952: February

Number 2 rubber. Decem

ber

Decem Number 3 rubber.

ber Number 4 rubbor. Decem-

ber

140-140

1374-138

13414-135 13012-131 12545-127

-United Press.

Spot rubber, unbaled Black crepe

No. 1 pale crepe

Pepper Market

small.. Prices

Industrialist's Praise

Business Ethics In

States

Dec.

Dec. 10

Dec. 31

Dec. 9 Dec. 20

Jan.

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Bullding

Foreign Exchanges

Canada

In NY

England-ficiat unofficial

30-day 90-day

Australia New Zealand South Africa Belg um

Portugal Spin Sweden

Tel: Nus. 36066-9.

W. GERMANY

TO RUN AIRLINES

Bonn, Dec. 8.

allowing contract,

civil airlines, Allied sources said today. Thus the Allies have overcome ther 145 disagreement on the treaty Germany Wes

New York, Dec. 3. US$0.06-11/18

The Western Allies bave Crafted 13 2.35 bid/ 238 asted West Germany 2.79% futures

2.70

sy: zm giving

nery independence.

would be West Germany allowed to build up an interant

str network without restrictions provided they observe the prin elpies of the ICAO

(Interna-

tional Civil Aviation Organisa- tion),

It was

2.2212

2.700

2.80%

5198

Denmark

1455

France

9028-3/16

West Germany

4.20

Holland

2830

Itely

11050

Norway

1433

0347

.0203

2200

Of

MIDDLE EAST Egypt

2.88%

125

2.81

.5375

US

0703

0300

man Government

to obtain its

0150

.4023

agreement.

Is not It

1.00

1155

0050

.2005

fran

Iraq Turkey

LATIN AMERICA

Argentina Brazil

Bolivia

Chile

Columbia Cube

New York, Dec. 5. Industrial leaders cracked down on "misgovernment ico and civic inertia" today at the opening of the National Peru Association of Manufacturers' 50th congress of Ameri- can industry.

Teuvay ngtjn]

FAR EAST india Pakiston Hongkong mid They

the

Mr Kinnan urged the indus- ethical sanda's of business are gener-trialists and businessmen to take Indunol

A'nypore Japan ally high. They added that the the leadership in public affairs record shows substantial im The collectivists, he sold, are OV Cr previous out to corrupt sound thinking provement

and to destroy

free, private nation's ! enterprise.

Co.

Aro

3010 3305

360 yen to US -Unlied Press.

LONDON TIN MARKET

1. now

understood Allies have dropped a proposal

that plots would hava

non-German.

that the

to bo

The draft contract has to be communicated to the West Ger-

clear

whether the Allies will insist on

alr fine com-

having a financial interest in West German pantes

The Allies are reported to be anxicus to protect the positions cf the own country's air lines which have built up an exten- sive internal Germin network during the last six years,

Internal and external services are run by Pan-American anit Transworld Air Line. British

European Airlines, Air France

and by Sexuavian, Belgian and Tuges companies,Rou- ter.

New York, Dec. 5. Firmaces in the London and

to generations. markets acted Bonbay

the They urged bolsler local black pepper trade.

remained business and industrial leaders although trading

to battle socialisation in a pro- Mr Robert E. Wilson, ehvir

that of education

Standard Oll mat of wire generally ungramme

said tho (Indiana),

athical changed

with spot indicated reaches right down to the grass

London, Dec, 5. standards

business of at $1.65 cents, fral half Decem-roote

Casio. TAIWAN PROJECT Prices of tin were

Talpai, Dec. 3. $1.57, January The thro-day congross at the generally high. "I am sure ber shipment

low for ten ethics rotching, business $1.40, March $1.44 a pound, Waldorf-Aubria brought some American

Tunover was moderate, The Taiwan Power Company weeita. deserves for more seclaim and Dll on an ex-dock basta 3,000 topdustriallets and|

businessmen to New York. United PreIS.

Installed 00-kilowatt high-ten It was labelled a "working less attack than it has been only 66 fans, including five tour today announced that a newly

for cash,

Prices closed at the end of sion cross-island power trans officials abd businessmen New York Stocks

"But I feel there is no point the oflolal, morning session 24ion Une Ind been put into

service. Tokyo, Dec. 5.

thrashed out mach problems as New York, Dec. 5. 200 members of More than (Philippines goodis

Business was done in the toast priorities, allocation, controls and on which we busines mon can follows:-

properly be critielsod, ang that spot tin, Buvers Epot tin, fellurg Dow Jones averages at the end freatment in the All Japan Telecommunka-

unofficial axchange market Inflation,

The

opening session of the is with respect to lack of couru Business done at Union carried of the season stood as follow moming at line folowing, rates!" de the United States, but within tlona Werkers

208.72 | VA. Döllare (per #1), 1899 NAM Congress today we in leading the fight against dis-Three-months in, buzern stain quotas), is detrimental to out a sit-down strike today be 30 Industrials

81.81 Sterling note (per 2DE indus-fore the Telecommunications 20 Rails

heypotala by Mr J. Warren in bonesty and demagoguery in Three-months tin, sellers... 10

State Abd. nation," Business done st irth of local

43.38 | Proper Talisman Tpkr 190),

United Prem. DOCU

man, vise-prezident of "BE, Duj city, Amrlesh Ministry building here, de 16 Ulties of

10 Bonda

Associated Press, Competition with the now manding two months salary as

1150 Pont De Nemours and Co, erduled local industries.

a year-end bonus-Reuter.

The

tirat the Philippines United States Trade Act of 1940, which provides for a duty free entrance

of American goods Into the

Philippines sune

Sit-Down Strike

Exchange Rates session in which Government receiving," he said,

United Press.

101.09 kmport Chiralta)

VIC" picutres (per 100)

SAN

9:30

AUT

910-910

According to the company,

the Une will bring over high mountains in Central Formosa

electric power from the gast to the western power

system.---Rouler,