1951-12-20 — Page 9

Page

MESSAGERIES

M

Arriving

LA MARSEILLAISE"

"MEINAM"

MARITIMES

THE CHINA MAIL, THURSDAY, DECEMBER 20, 1951.

Jobs, Pounds, Dollars At Stake In Jungle War

M WHAT MALAYA MEANS TO

Ontward for

من Sala

Leaving

Jah. 12

Jan. 13

Maria, Yokohama &

Kdbe

¦

Feb

T

Feb 15

In

Corn Only Bright Spot

Grains

כ!

Hontoward Fot

N. Africa & Europe

Marseller in Manila

A Saigon

N. Africa & Europe

"BASTIA"

LA MARSEILLAISE"

5 Jab

Jan.

Jan

d

JACL

BIR HAKEIM

*"MORTAIN“

Jan

Feb.

21

715

Jan

22

ат

+ X

Africa & Europe

·

passengers & freight.

freight for Saigon, Port Said, Tanis, Algiera, Oran, Tangier Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.

Subject To Change Without Notice

CIE DES MESSAGERIES MARITIMES

P.O. Box 53, Hongkong Queen's Building (gr. floor) Tel. 26651 (9 lines).

Senators Predict Reductions In Foreign Aid Funds

Washington, Dec. 19.

Two Senate Appropriations Committee mem- hers predicted today that Congress will cut down on foreign aid spending next year.

President Truman is reported to have been orged be sine of his advisers to seek more than the $8,500,- Houd in international assistance funds he requested in Congress actually voted only $7,483. the last buiget

B300 (HFD

Seal Gas Corden 10regon Reputes told a reporter he

Harley

Senator

M. Kilgore West Virginia Democrat) sad

of com 11.4 tout adde!

abroad expenditures

bele Lit will be antial appropriation for 1951 We have got to continue

money herë,sary fo Westem Europe in komp

be defence programme going," said all there is no room for

jur!

tho purely eveson nations

1-

10

U.S. Grants

Big Credit

To Japan

Tokyo December 19 The US Export und trat Bank has authorised a cotion crtit of $40,000,000 to Japan, an official annouement

uf

lay

! ht *

וני:F

American

f a separate underview that le the amoun:! favours the reasing

aid in some cases, e does not believe Congress will approve as big an ever-li outlay as was voted for iscal year esting the current June 30

Recently Administration off cals havi ndicated they hope to put more emphus on efforts 16. burist

up Western Europe's defence production capacity, s

Alusbed military items could be turned out there,

built in the instead of being

That

M4"

United States.

Mi

Kilgore would support But he thinks Such a move.

as purely regarded what economic aid would strengthen some countries even more than direct military aid.

MUCH CRITICISM

Chung, Dec 19 The wrath provided inspande Es for buying a cor cat fise Be of Trede day, and soy- tes wout along with a sligh;

The yellow

Brain dvane J. at the real the market was Latter

work. particularly

urd the close

un

GREAT

BRITAIN

Singapore, Dec. 18.

There is so much at stake in Malaya that every British home would feel the pinch sooner or later if Mr Lyttelton's mission should fail which is unthinkable.

Because failure to crush, quickly and finally, the comparatively small band of alien Chinese guerillas, wrongly calling themselves "The People's Liberation Army," coull encourage a Communist Power like Red China to join in the struggle once it feels strong enough, and make Malaya into an international battlefield.

More snow and cold were or the way to the nad-West And Traders Interpreted is as meaning more feeding of livestock

Gats, however, were not corn, partly Canadian more arrived here

Wheat was erratur The 1952 tie to

Winter woret contracts

faris.

ble to herause

Wid

$1315

2.1. quil Pasy low.rd h class selling spreact to the near-

An agend tv acvente Twit

rept Department 1952 wheat was expected after the close

1

What rised to the wr Corm was lower to higher Gals were a lower to 3 higher. rents tower. Hy was 1 2 Syscans Jugher

Wheat Dgcendi Morel

Ma JAIS

W

+42

enja daljetta have Parent

12

11004000

LITTLE PROSPECTING

That is by Britons here and turkcel ing Those at home who have knew

sterling Be the Far East uri South- Fast As are plamouring fo: an each end to what is nothing nut a duty tle met rebellion te

Tin which as Malayal's other by Chinese Commamust,

great money -earnes. lose, but or chance el

total 58.76 10 this yea ging the whole : suthern the decrease being aroun 000 ....! should the live Batons compare with last year

far the

1951 prie empos tant aged 1.040 Evolu ting

and intlar earning will be well on ur prestige altres like

strategic Vaiuc Di this ser last year's #gure when the tin

mough:

ed from the North

gravely

So

of Asia, the plain pure was loss but:

Sus getting Bubesh tones Dat mread cemeteries throughsin he peninsula after our 150 years

Aufluence

in Malaya and

its affis

at another

29.200 avtems Zould be thrown back to that thea bying In the

ידי

Jesuar es of the Firing

$2.50. $2-

iras:

$25

$2 4

Seplonder

32 50-1

Soybeans:

S 01-

Di

M

July

$3.00-$2 194 $298 $2.7-i

Stats 100

87%

tert

Salvage Plan Deadlocked

e

Manila Dec. 19

Li

!

are cau

D

10 1

> ןתוימוזין

Busted

King

kers

ourt à lose a great port proiual

2

10 11 their wasungs involved proving 81,000,000 worth of his fos Malaya at this yea, estimate

There is

person's

1.

Furwer

HONGKONG SHARE MARKET

From Our Correspondent)

There was still a gond volume of business or the Stork Ex- Change the notning. stur changing hands being valuer at $657, 14-1.54 Noom rates and the mowning's Fansurfions

Royal INTEROCE

Interocean Lives

To

Kingapore, Java &

LINES

**JAW ABG1"

LASKAMPEK'

(3JHUWAU"

ן

SAILINGS

...

22nd AND

Kingapore, ujakaria, Belawan Bell

Penang

Fra

Th

Hjakaris. Thitebon. Semarang. Soru-

hoty & Maramur

NO

Manila, Singapote. Africa

2

A

Amertea

Lan

114

MATUEN VOYAGE

to Singaporn. Java & MaCANDI

TAN HEUTRZ

20

M

Japan Ports

JIBABAK"

1200 $3000

Singapore Penang & Belawan OMI

#HITJALENGKA

INTE

Japan

TAPANAS" TAIWANG

Figin P

+3

Singapuce, Jaya Ma

HJ1

stanila. Singapore Ak

&

4

Amerles

KUWAI TJIWANGE" -FHSAPANE

Feb

Singapore

Jaya

Macassar

ib

singapore Java & Macassar

5th

Manila.

Afrien &

--YJAKUWA H

Beh

America singapore, dava &

Maraxxa

ARRIVALS

From

STJEBADAR OLITEJALENGKA

+421

IN

Singapore

"BUY"

Jau

10

VAN HEUTSZ

Jas

19

250

TATJALËNGRA"

** TUWANGI

--PHPANAS

Kingapore,

takunta A Steexpre

Marcas: 2 Jay. Pore

031

11 Deal Bjakarta & Singapote Marka

Aturtita. Afclea.

י

Maria

Singapore

Singauore

General Agents.

HOLLAND EAST ASIA LINE

"KIELPRECAT

SAILINGS TO EUROPE

"AAGTEKERK"

Jan

POV ERUSEL."

Feb

CLA

GOD

"HOOGKERK"

Mae

*

"ARENDSKENK"

Npr Max

Con

has but

SHARES BUYERS SELLERS SALES

BANKS

HK B Fast Asia INSURANCES

SAILINGS FROM EUROPE

1619 1623

1623

134

Sayila Rotterdam

1ntor

state months the rate i State has pot entered the Malavan tim

market, timing

too high. The

the 1-0 mainly

Ithough soli market to the best

Abon 60,0 cent of

European. comes frRD Bylish, opret ons, the rest from

Through Chinese-owner mines

The work. Concentration of

munes ar 208 b casjer Les en

Runs! The act as than a the rubber

7772% Underwitter- 5 20 540 1500

145

1K F..

SHIPPING

Asla Nav

DOCKS, ETC

K What

N Pt What Dock Provident Wheelock

LAND ETC HK Hotel

14 14.73 500 14.50

KING'S BUILDING. TELEPHONES: 28015 TO 28017 CHINESE AGENTS: 82,„CONNALİGHT BOAÐ, G. TELS 31145, 25133

APPEN Hongkong

2000

630 15

"AAGTERERK“ "OVERIJSEI."

Пес

211

Des

] +4

10 25

"HODORERK" "ARENDREKK

Jan Feb

Sch

410

KELURKORT"

Jin

M

2013

Mar

6th

ath

ap

100% 102

18 500 17.25

13.50 13.00

34 25

300 34.50

自

300 8.10

500 t

Б

UK Land

3845 59%

500

58.80

1000

59.50

2000

59.25

are

1236 59

jungle менту

S'ha Land Bumphreys

UTILITIES

Tram

1.40

Ch

22

Star Ferry

123

CLAUD

10, XD

a 10

91100

CLIM

IN XD

6 6.40

232

24 300 m. 26

200 23.24

72

230 si 22 21

12

16 10.25 503 10 10

22.50

15 39 40

F

2650 27.25 200 64 26 50

1500 27

estates, but have

enused UEHIND Desses in men and equipment

Perhaps the must serious effect of the present warfare has been interference

prosperting

་ད་་ ་

Aath

Belis Seal news

as estimate i hat the areas at present un lec longer eration !

and last wan years. hu. present

dangerous to seek tin- jade ground beyond the edges of

In tacos dinary Br.reh spread, but generally ange, listd. interest in what this year will total at least £138,000,000 worth the jungle at goes from Malaya, much be-

muter 181 on ng w Mitish industri

Which

Dis

VALUABLE AID

Moreover, Malaya's total ex-

far exce 1 parts fo The worl

the value of the current

for

This survey of the mportance of Malavu does not louch Hri-

capital Lam's trementous vestment in the rountry Rubber trees take seven years to yield. EXPOTRIVE buildings an *U | V * ; – ment are rere Modern &

huge reges mining requires

A conference called by the Secretary of Commerce, Cornelio adopt a 120- Balmaceda cedure for the salvage of sunken vessels in Philippine waters was 1 (1) dentiorked on whether

hose just to the ratel King which cost between £80,000 and Japanese

techiucians Engplay

clares der

£170,000 Eighty such dredges and labourers

services whose

- your's exports to other countries

are now working. shall be secured under govern-

Yet the will be over four times greater

You

of the small, but arrange- ment to government

and a man Brash people, important, palm-nil supply would

great be ment of credit to

Lo applied

working be the Best to hit United King- of the intereste reparations claim

and local compacies and businesses.

Bom housewives The Ministry Philippines against Japan, and elit from this trade

nt Food is bulk-buying almoşi 2. Submn salvage work to Mpay of these

people remit

the total production- exeimg rubar bidding under terms and conditions

advantageous part of the in unes to Britain, 50.000 tons annuals, most of most

so there is for the United King- to the Philippine Government.

Arm

bennt. Under the second plan Philip the medicul ble from any of would be divided al trade statistis

* 1511 covered zones each

bidder. The separate Government secured jurisdiction over these sunken vessels when the Philippine Alien Property Administration transferred ils Lights

th. France-- Presse.

i

pine waters into eight

ورڈ

ver

ts apparently, echo a general note BONDS IN U.S. of of disappointment on the part of the lawmakers

have

VISI

visited

of the

UNSETTLED

therm

Or hp of ail us there is rontribu- Malaya's outstanding

on to the Commonwealth dollar pod without which people in Britain would have faced much graver food ant other shortages.

the past few years. From January 16 the Septemeber this Malaya's exports to

arne: 315,700,000 Un tet States

chorts the

year

end of

alone Amerwa

Bollars. With all her gallam

United Kingdom in only the same

period earned 333,000,000 Ameriran dollars

which golg into margarme and

for British SOU?

thies bathrooms.

Quiet Trading

In New York

Cotton Market

New York, Dec. 19. Colton futures were steady in

Wednesday

Tram

EVATEE

Bler Beinusi Macao Elec INDUSTRIALS

Cement Rope

STORES. ETC

Dalry Walion

1500 14.50

445 v 113 50

1100

Đ

3 315

Widespread

Losses In

London

British weakened

amung

Lan on, De. 19.

bunit Government

shall instes

א-זיין :

alesprout

רות.

ACU London

the Stork Exchange today

1 Minus Signs among Government issues were inite in most cases to get a podni

Oil ani

mining streks were dull in quiet tracking Japanese

bon is "A" (44.

PR

of 1899) 61,

of 1940) 32

"C" (55.

af 1907) 104 "D" (5% of 1934) 71

"E" (51, 0f 1934; 114

61

ཆ ས ་ ༔ ་

Mr Kilgore As an example.

spent helping said sand that money

Water Spain develop

would cut that coun- Office

state-

resources ment san,

-The Japanese Gov- try's imports of coal, strengthen notifies it evonomically and leave that Vintrent has revived

available for tan of the US Export Import much more cust

members of the North Atient:: Bank's aution isation of a credit meube

(NATU) Organisation $40,000,000 to help finance Treaty

Spain is not an NATO member. Japan's

imports of

The two Senators predictions 1 Time raw cotion. Coming at a time!

instatement of foreign aid fund reductions formal reinstatement wiren lev in ne tational socly drawing near, the granting

who this credit as a result of 14

direct: Europe with the progress of Government's Japanese begotiations of the matter with Western defence programme.

Most returning senators and

It is estimated that rubber and quiet dealings on the Export Import Bank is

members have expressed matter of great significance House

trom the whole sterling arca Around midday, the marke. ex- un tro of what they have

run-up fram periencert good which, criticem

mainly means "The present

called a log on the part of

which

light trade 1.000.

buying along with Malaya collected some nations in efforts to ereel

000,000 United States dollars Memphis and New Orleans de-issues buoyed the stock market their own defences. The ieglsta- tors have made it plain that

Losses of up to half a point during the five years 1946-50 in mund tor

clusive, and will unless there is a marked change

were taken by the generally

carne fully up about, that total estab-in

in this attitude, their inclina-

issues closed Some self-supporting tlor

tion will be to cut, rather than

2/32 from the day's lows, The Japan; increase, American contribu-

bonris Japan.

Corporate ecmony in ese Government and people are tions.

irregularly lower in the heaviest Any effort to cut down on

two weeks. deeply grateful for the kindness

trading in nearly spending--always Changes for the most part wer:

than popular

domestic

narrow. Japanese loar.s granting of this credit."-United military outlays will be with-

mixed in the foreign section.-Associated Pres

a

credit. has been granted on a commer vial basis, not only constitutes a step towards Japan's full

Biso

re-

turn to the international econo 2 unity farther contribute lishment

10

the

of the Government and peuple foreign aid

of the United States by

Press

Higher Prices For Cars

The

the less

out thre

vigorous services

of

the late Senator Kenneth 5.

Wherty of Nebraska, the GOP floor leader.

10

New York. Dec. 19. Government bonds dropped

new

low today. yearly

ALTI unsettled by apparently increase in interest rates on Commercial loans.

were

were doilas

OCT

that rubber alone three-quarters at

of

touched

which

found

Consols

-Assoriale: Press.

110

were

Press and Unite

NEW YORK MARKET

New York, Dec. 19. Buying enthusiasm for a few

offerings today Trading was at the best temporarily scaree.

pace in nearly two weeks. Some stop-luss orders

Gains running to between 1 rise, with and 2 points were common a off on the gains extending to better than one time but in late trading advances were 51.50 a base. The market sub-most of

these sequently lost a part of the ad-

back DU

to major tractions. hedging and profit- Volume came to an estimate! 1,500,000 shares as compared with 1,290,000 shares traded on Tuesday. The

stocks attractive 4104-86 with the best gains were con- 41.20-4 centrated in oils, steels, motors,

ESTATES LOSE

The share

Malayan-pro- vance duced exports ex-EEGS

70 per taking. cent of the total value, so it is not surprising that the Commu- nist wreckers now fighting from jungle bases against the British March ourity forces and law-abiding stay

ions of all races keep strik. October

Jus civilians

un

Futures closed $1.85 to $3.80 o bale higher than the previous.

High Low Closc 42.5

Mr Wherry consistently sup- New York Sugar ing hardest against the planters December

ported efforts to trim foreign spending.

Futures

Senator Staton (Nebraska Re-

New York, Dec. 19. publican), taking Mr Wherry's Washingtor, Dec, 19.

Domestic sugar futures No. 6 will Government said that stat, told a reporter he

reasonable foreign Ford, Studebaiter, Hudson and vote for

closed unchanged to 2 higher. Kaiser-Fraser automobile makers aid programme. Mr Wherry's Sales 40 contracts. have applied for higher ceiling leadership job will be filed by a vote of all Republican seriators prices.

early next fonth.

The Office of Price Stabilisa

“I don't want us to be throw- Lion (CPS) said the increases asked on autos range, at the ing huttired-loilur bills around factory level, from 4.37 per all over the world, but I Hellëve cent on Mercury models to 28.48 that we must give chough help

per cent on Henry J. models to friendly and co-operative na- tions abroad to that reasonable made by Kaiser-Fraser.

defences can be built against o possible Russian moyo," Mr Seaton said Associated Press.

WIEAT FOH JORDAN

The new prices cannot be put into effect until OPS has re- viewed and formally approved the applications. Associated

Prèss.

The

March

ទេ July

.13 vid 5.39 bid 5.39 bid

World sugar futures N closed to 4 higher.

Sales 59

contracts.

443 nominat

480 4.79 ald

4.00

4.79 bld

January

March

May

su

September

Raw sugar spot 5.70.-As- sociated Press,

in

more

rubbers, und rails with a num-

manu-

41.37

42.00

ร่วย

41.14

40.457

30,00

30.93

24.90

JR.30

38.00

30.47

38.35

37.07

38.35

ber of miscellaneous

37 15 37.95 38.21

-Associated Press,

facturers joining In.

Dow Jones averages:

Industrials

Rails very Utilities

207.61 $2,52 40.08

NEW ORLEANS MARKET

New Orleans, Dec. 19.

futures

closed

and estate owners, who last year March produced 694,000 tons of rubber May and hope to end the current year with $20,000 tons.

production The drop

is

Cotton to altributable almost wholly various aspects of the guerilla steady $2 to $3.80 a bale higher.

42.00-10 warfare. Many estates fringing March

been

41.90-42 06 forced to May the jungle have close down what rubber

men July

38.90 biri the the call

"oullying division" October

38.50 there December greater risk owing to the of attacks on the tappers, their foremen, and the European Chinese managers and assistants. sinted Press.

Oddly enough, although guer- las

have been

of these

ullas and

aympathisers illicitly some tapping Idle dangerous divisions, the stolen rubber resulting there from does not really affect

dealers, to village New York, Dec. 18:

dexttle Chinash and exported The Worth Street

the

TEXTILE MARKET official export figures. It is sold

mostly through

Japanese Tea yopterday to chip 0,650 kors of market was quiet today. There normal channels, thus appearing

Popular

New York, Dec. 10.

Spot cotton closed steady $3 a bate higher. Sales 2,378.-Assu-

NY Exchange

Rates

New York, Dec. 19. Closing foreign exchange rates:

-Associated Press.

LONDON TIN MARKET

London, Dec. 19. Prices of tin were steady this Turnover WDS 70 morning. tons, including 15 tons for cash. Prices closed at the end of the official morning session Es follows:

Spot tin, buyers

Epot tin, sellers

Business done at

Three months tin, buyers Three months in, rollers Business done at Bettlement

030 032

1125-9221 0311 -Valled Prem

ORDERS FOR UK

Washington, Dec. 19. United States agreed

Wheat to Husticmite Jordan to were, only scattered sales of in the trage igures. fitap meet a peribus zomi short print cloth and sheeting mostly

While it

it still earns dollars, or Canadian dollar in the New cents, age in the Middle Bo confitry for prompt delivery,

sterling, as may be, the estates York market. 07.75 US. The United States will pay for In wood goods, a tie better are definitely the losers, and in pub 3% of a cent

at the en

final analysis this generally Europe: Great Britain (Dourd) Japanese tos in gaining in the cost of the hu ship interest in woollen types

means the Britlab stockholder, 82.75 unchanged; Great Bri popularity in the United States, pin, · UVAUS - $1,400,000: The cloth was the only feature.

Hayon goods were dull.without whose original venture tain 30-day juanes $2.78 4, up Tid Jones Shokal Cumsung money will come from the 17-

Angdclated PLENE.

some spirit, did later condence, a ceitt: Great Britain 00-day rubber growing could never futures $2.78 up cent; Great £4,000,000 worth of jus mi}} Been developed in Manyd. Britain 10-day futures 82.77 machinery and £300,000 worth have

Planters representativas cialm up one cent.

here

300,000,000 under AB - Pro-

If expediting, orders for getting approve by Congreke, two types of ten from Jepun bebted Press,

for4al delivery to the

Sencha and Höflela

indquared

teku, packed,

New York, Dec. 10.

canisters

Copra wile quoted today at woven

nominal, per pound; steel container and wrapped in sid100

endased Lo

Jephinese howappers,

Bank Quotations New York, Dec. 10 Bank closing quotations:

Btw

4014 Bank 20

Adrociated Prese.

Are Coconut oll was quoted af Dank of America"

CHEA Najqnki Valelivary within 11% cents a pound nomdal....... National City Bank

Chiled Press, dve works, Agociated PreR.

promised for

-Lohdun, Dec. 10.

A Poltistan buying delegation

has placed orders in Brain for

paper making plant Delivery:

that nearly 20 per cent of all Holibre: (Guilder) 20.32; up in to start in a year's time, and The delegation, hende. by Culam Faruqui, Chairman of Argentina Fubber exported from Malaya 62 of a cent, s ka how is stmien rubber; they be- Latin Amerjén:

The Pakistan Jule Bonri, lure Heve that for some months now❘ (free) 7.05, up 1⁄441⁄2 a cont.

Where unchanged-Associat-Lotion by air last night for guerillas or plain thieves, who

Karachi. Reuter, Jare now casting in on the deed Press.

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON. BALTIMORE &

PHILADELPHIA via

SAN FRANCISCO, LOS ANGELES AND PANAMA.

NEXT SAILINGS

M.S.

"LEISE MAERSK”

M.S.

"GRETE MAERSK"

M.S.

"OLGA MAERSK"

ARRIVALS FROM U.S.A.

M.S.

"GRETE MAERSK"

M.S.

"OLGA MAERSK”

M.S.

"JEPPESEN MAERSK"

Jan.

Jan. 16

Feb. 2

Dec. 28

Jan. 6

Jan. 14

For Freight and Purther Particulars plense apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Tel: Nos. 36066-9.

PENINSULAR

& ORIENTAL

QUIS NOS SEPARABIT

STEAM NAVIGATION COMPANY

R.M.S. "CORFU"

AMENDED NOTICE TO PASSENGERS

SAILS:

BAGGAGE:

THURSDAY, the 20th DECEMBER at 5 p.m. for the UNITED KINGDOM vin Straits, Colombo, Bombay, Aden and Port Said.

All passengers baggage must be sent to the Hongkong & Kowloot Wharf Co.'s Godown at No. 2 Gate, Canton Road Entrance by NOON on Wednes day the 19th December,

SPECIAL NOTE: With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must Pass through the Wharf Co.'s Godown for loading on board by ship's slings only.

Will take place on Thursday the 20th DECEMBER between 2.30 p.m. and 4 p.m.

EMBARKATION:

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