1951-12-27 — Page 9

MESSAGERIES

M

Arriving

LA MARSEILLAISE"

"ZELIDIA"

BI HAKEIM

LA MARSEILLAISE"

1BASTIA

MORTAIN"

MARITIMES

Leaving

M

Outward Por

Manila, Yokohama A

Jan. 12

Jan

13

Feb

21

Frk 21

Balgant

Homeward For

N. ADC & Europe Murmelites in Mandia

ΠΑΩ

+

35

Jun 1

Jan 26

A Noican

Jan

2.3

Mar I

Jarz

Mar

20

N. Afck & Europ

N Africa & Europe

passengers & freight.

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

Subject To Change Wabout Notter

CIE DES MESSAGERIES MARITIMES

P.O. Bax 53, Hongkong

Queen's Building (gr. floor) Tel. 2665) (3 linea).

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

NEXT SAILINGS

3.S. LEISE MAERSK

M.S.

GRETE MAERSK"

MLS.

OLGA MAERSK"

ARRIVALS FROM U.S.A.

MS

GRETE MAERSK”

M.S.

"OLGA MAERSK"

M.S.

JEPPESEN MAERSK"

THE CHINA MAIL, THURSDAY, DECEMBER 27, 1951.

Japan Building Bank Chairman Makes ROYAL INTEROCEAN LINES

New Tonnage

Tokyo, Dec 26

will

Japan

consitur. 360,000 grew tong of 4- pint during the fiscal year 1952

will This tonta KY anclusie

of 300.000 freighters at) 50,WED TON% of

A coording drawn

portation

Lo

PLATB

up by the Tran

Min' sty the main emphast wil! be placed on construction of - for ocean-going vessels both the North and South

American Pr...

routes United

Attack On Britain's Economic Policies

London, Dec. 26.

What he regards as the harmful effects of recent British economic policy on the development of Colonial resources are discussed by Mr Julian S. Crossley, chairman of Barclays Bank (Dominion, Colonial and Over- seas), in his annual report to shareholders.

Although the report was evidently written before the return of a Conservative Government,

many of the matters touched on by Mr Crossley REPORT ON

Churchill are still the subject of lively public debate.

Broadcast

Affects Exchange

London, Dec. 24.

The London Stock Ex- change closed for Christmas today after a very quiet holiday trading session.

[.

1

1

His attack on the present high level of taxation on company profits and his criticism of recent legislation to rohibit the migration of United Kingdom companies are widely supported.

The policies now being pur ed, he said, might be fatal 10 Pay continued existence of the Sterling Area.

Solenn Matentents were subi ang from high paces about ps contemplated to develop or resources oversens; but by would there resources ve he devel ped?

VOR

reems

nge)."

)"

companies persing in his area without offering the penalty UK. R II the profits. The company."

aven

A system which has result was dearly out of date red must be amended, he said

CUT-

i

IMPORTS

ERRONEOUS

London, Dec 24

The Board of Trade today said that reports that Britain Hitended easing impom restric- tions were both premature and etroneous.

The Board of Trade made this denial

statement in an offriol SERIOUS EFFECTS

which said that the changes in derread by restrictions Unut this was done, and the import 3hy profits of UK. companies earned the Chancellor of the Exchequer "that overseas freed from Wis rovy, last November might only he ach can be expected through the disruptive tendencies would considered in a limited

namiky vernment agencies, nor is 11

sericus cmm- nl exceptional cases. the

to Isin.

be continue, with kely

the whole

The statement said that the of sequences for the hrough

operation 01 potice area which was bentred British Government hart need.

United ***E liable inpanies

nn London and whoat Enks gly int med the Council of the ngon: laxation, for it cosmo!

By European Econo- hat new enter

tve wil be inflitted

within it.

exchange of views between th.. they are such a purpose

Couned! the Board of Trede. have their competitive power Colonta

The question: "By whom will

followed puuzică- The denial 2 andicapped froth the outset.

only the 1 is not

enfort resident nate apelul 1

CX chr suffer thy disad - Inlage, but the local resident Overseas, wher cnnot take

hare in the noses of enter- Luises carried mm by British

114

mathe

" it

*

-u vry up

3. Ch

"spered

15.

tale alt ande

Jan.

Ja

16

』''ནཾ,

Were half Japan.

10.0.ng beatre parts bras

hear the change The market raras on Thurs-

aly 120 68

Jan

6

Jan. 14

For Freigist and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Tel: Nos. 36066-9.

Young Men Not

So Keen On Colonial Jobs

London, Dec. 26.

Increased colonial development has created a bigger demand than ever for men to manage and advise in industry and commerce abroad, but there has been an alarming fall recently in the number of recruits coming forward.

There is a distinct reluctance towards working in among colonial territories, specially tropical ones, young men in Britain today.

problem

by

Ministry Labour's Overseas Department. show that for 900 vacancies eir culated all over Britain, only 1,500 candidates come forward and under 20 percent of vacancies were filled.

the

continues

sary

Tau Pop Ta

UN GR

NEW YORK MARKET

ST. N

generally

fractions

NA Yok, Dir 24

popservedy a at m.k!

T

AL Greaser i

naxed an

In savei

A goodly portion of the Lead-

HADA

Lavend R

Wall Street, de timing to inbrrupt an extinde Christmas wrek-rul Than that showe

tod.B.. han Blvd EESTIS AY

onaux shares

up

10

of the se sien whe

540 Share:

J

transter minutes Antican Telephone at a te Time

Satur at 14 of a point from

due ring quotatin

Stocks doeng to love- level. atunel Goodyear. Anne Staricket. Manta Ivanam l

Economic Aid

To Holland

year

to

with the business wark of the lifti: during a recent

City were perhaps cohesive force

stronyos!

PŮSOURCES now

ונז

and

developed?" _party answered ton this morning of a repor in Financial Times which In the same rest, which ron- the

that British of this ains

yens claimed

import

a review

on by Barclays restrictions would be eased sa Work carried Overseas Development Corpora result of the negotiations with

OEEC the

Council-Francs - tion Limited,

and

Dollars For Germany

The Corporation was set 1 Presse.

1048 for

the purpose of providing medion

inng- term capial to Colonial busi-

u'd not obtai nessmen who erect through other channe The Corporation Anances Bp proved projects either by pru. viding a loan or making a direct investment in the new concern

PROJECTS APPROVED

The extent

to which

Bonn, Dec. 24. The release of $73,780,000 of Marshall Plan funds for West German Induguês contributing

defence Western

was Arria' by here these nounzed

10

EE- the

faculties are used in the over- Economic Co-operation Adminis

seas territories served be clays Bank (D. Cand 0)

1

Bartration,

The Hague, Dec. 24.

aid Amcan economie Hand will arnouts to $100,- 600.00) during the American July 2, 1951 to Jun 30. 1952. the Durch Gov-

One-third of the money Was

to: housing Rum crament was officially informed

E. Run be judged by the fact that no allocated

The next biggest amount oday by Mr Clarence

toss thun 212 separate propoel- miners

Was To expantion of electric ter. he 4 of the Economic Co-

mission tons were either approved or magania on

The end

of power production to meet the in- Gulanding 14 and

creasing industrial needs of West Tach Finner Minister. Rum

involved in these Germany

Other sums go to developing A Pet Liefliack, has brough:

was over £5 milior brek from a 1

Fast water facilitics and small indus- States, he promise of an eigh!-

delsr American the West Indies, 70 in mitle

Africa, 13 in West Africa, 15 in tries providing work to re- 1o..n

11 and authorita ive

expelled from Eastern Nyasaland. Tugces the Rhodesius ind surres sold here today.

Mediterranean, and Germany-Associated Press. Uni cd States barkers the 26 In the

jar other terri- Chase Ntions Bank-agreed in he remaindor

iend Holiand forles.

Bank Quotations

cmber.

In the United -three of them were in the railways, agriculture, gas and

and he Bank for The propositions re ated

to

Fv. Nisket Plate Alles Chine", Nayments in Bas, agriculture and forestry, build-

Pal, Standar: Od N. Texas Rachuck Co. Goodh, Seal Nation! Distilis We tinghouse Elect.ig and Anten on Scelfing

US Rahber strud out

sons inclused A D i11 (with is

ning e block of 10,000 hares changing hands up 14), JI Cas

Other resistan'

Ai- mira! Curp. Sinclair Oil Mont-

Bal gomery Ward. Dh Fort here and h, Scuthern Pacific. and Phelps Dodge.

On the rurb exchange, simular muxed trends prevailet. Back-i ward were Jefferson Lake Sul- phur, Electric Bend and Shar motor | Parteper Oil and Panmoustal Indies O Gains were recorde fm

and Babcock and Wilcox, and Molybe

Dow Jones avc:ages Industral Rails

Ulities

255.79 81.89 46.30

-Associate Pro

1.iomal

The other $3,000,000. supplied

Professo: Lieminck returned from the United States by plane, Verday

New York, Dec. 24, Closing bank quotations: commercial y development.

bid. asked societies, projects, e -operative

29 hotels, Industrial Bank of America 27 duration.

40% In Washington, he projects, mining, public werks, Chase National

even cinemas. National City.... of Phipping, and

London Express Service.

with Secre ary had talks Tre Sury John Snyder, the Na

and 99761 Advisory Council

Fexromie

Co-operation min-raiken chiefs. Reuter.

Art-

Orders For

The Clyde

London, Dec. 25.

+

38

40

-Associated Press.

UK Production Of

Coal

Lagging

1

Washington, Dec. 24.

Twenty-three of Clydeside's An American official closely acquainted with main shipbuilders announced Inlay they have received orders the British economy commented today that it for the construction of ships would take a great miracle to increase coal pro-

valued at more than

000 during 1951

£90,000,-

duction very much in Britain.

He was asked to comment on recent criticisms heard industry sagged here about Britain's needs for coal imports from the

But the outpul on the Scottish river-centre of Britain's vast shipbuilding

clear the EXCHANGES IN about 11,000 tons compared with United States.

NEW YORK

ond electricians This

surveyed, 14.

thr West boldly

Times mechanics, 17 the latest

engineers fracto Our elly Review of the British went Colonies. It says firms are not maintenance men while Singa- denun

pore requires petive lieutenants. getting the men they want for service overgeat. Figures for The Ministry f Labour" January 10 September this year,

The Tinies Review, given

the

"admits this problem is due to .. shortage of principally candidates who have the neces cand

experience and personal

I s qualifications. best technicians are not coming forward for overseat jobs be- "If the falling off of suitable cause they can get good wages reerults for commerce continues, in this country where, at the the big Arms will have to rely moment there is a shortage of increasingly on the employment skilled workers and scientists. of locally-born executives in.

FEAR OF INSECURITY colonial territories,

and chemists "Geologists, pany is proposing already to establish central

wish to go agriculturists who school for prospective African to tropleal areas prefer to do so managers, which might imply in the Government service ano, that in some territories the days by

generally speaking, would rather ore management at British

work in temperate climates und not em- numbered" says the Times Re-

In areas which are view,

brolled

or threatened political upheaval."

Fear of insecurity is a general and deterrent to all types of recruits, according to the Thines survey. Career after

Early murriage and unwilling- nesx to subject young wives to dangerous or unhealthy living condliions is another. There is

*

One

com~

training

I suggests that recruitment figures for highly qualified amen would probably improve if there

more security. prospects of returning home.

were

3

in

New York, Dec. 21. Closing foreign exchange ratea (Britain in doliars, others th rents): Cagoda Great Britain 30 day

futures Great Britain C0 day

futures

Belgium France Holland

97.31

2.78%

277

Great Britain 60 day

fres

2.761

1.950

2014 of a cr...

20.99

,16% of a cen!

3.4812

19.32

7.30

6.30

11,87

20.03 Associated Pres.

by italy

Portugal Sweden Brazil

Argentina

Mexico Venezuela

Inflation

Argentina

In

1950 to a total of about 432,000 gross tons or 87 vessels.

Total output for all Scotland Curing

1951 was about 504,000

is nearly one-thir tons, which of all Britain's production.

The Clyde shipyards' main

be adopted Poul Porter, ac ing US special critics could not representative in Europe for the without creating new problems.

Co-operation AdUnited Press. Economic minis raion, accused Britain and Wed:

recently of Germany debility to produce more

falling down on the

mand was tor of tankers which 50 were built.-Associated Press

US Steel Mill

Operations

New York, Der. 24.

геротот

coal effort. He had the rearmantent

"I fail to understand how added, full employment! could be ad-

U.S. EXPORTS

Washington, Dec. 24.

Royal Lanes

"FASMAN"

"HUTS"

"TŠIKAMPEK"

*** M.UWAR*

"VAN HEUTEZ" "TJIBADAK" "TJTJALENGKA" "BOISSEKAIN"

TRIPANAS

"TIWANGr

SAILINGS

To

Singapore. Airira

Djakarta, Telón, Semarang.

bain & MCABBA

MAIDEN VOYAOR

To Singapore, Java & hisoarant

Japan Foria

singapore, Penning & Betuwan B3211

-

Jan. Th

Jan

Singaporo, Djakarta. Delawan Dell

*** Penang

Ath

Manlia.

4

5.

America

2

Bah 1914

Jan 10k Jun

17th

+ TE 18th

Japan

18th

Japan Ports

Jan.

24th

17h. 26th

Kingapure, Jaya & Marusant -Mall, Singapore, Africa

↓ 3

Feb 2810

Slagapore. Java & Macawar Singaporr, Java & Macassar

Mar

5th

Manila, Singapore.

America

Mar

15th

Singapore

May 24th

Minia

America

#TITJALENGKA” Feb. sth

"TJHLUWAN" -TUWANGI" "TJIGADANE"

"TIN&WAH" "BOISTEZAIN"

"TITEJALENGKA"

"RUYЯ" "VAN BEUTSZ" -BOISSEVAIN"

"THWANGT" TIANAS"

Feb. 11

bry 1M

Jon 2nd

Joh BIN

Jan 1510

Jan 19th Jtt . 20th

Japan Phy

America

A Africa

Java & Marnagot

Africa Singapore

From

& S

ARRIVALS

Macassce Алья Port&Singapore Jean

B Det, Djakarta & Singapore

3 America Alten. Singapare d

Mahin

Macassar Java * Singapore

3 America Atries, Singanore $

Manlin,

General Agents,

HOLLAND EAST ASIA LINE

Mar

SAILINGS TO EUROPE

"AACTEKERK" "OVERIFEL” "HOOGKERK"

Jan

13th

Feb

6th

710

ARENDSKERK"

Apr

7th

SAILINGS FROM EUROPE

Sally

Rotterdam

Arriver Hongkong

"OVERIJDEL"

5th

**AVOGKERE"

Bet

3201

4th

AHENDKERK"

JEE

30th

Mar

"KIELDRECET

MAT

5th

Apr.

10th

-AAGTEKERK"

Apr.

2nd

May

Ath

תם!,

KING'S BUILDING. TELEPHONES: 28015 TO 28017 82, CONNAUGHT ROAD. 1. MAIS ** 255

CHINESE

CALENDA

Australian Oriental Line, Ltd.

·

(Australian-Oriental Line, Ltd. China Navigation Co., Lk.

Joint Service)

S.S. "TAIPING”

Notice to Passengers

Sails:

From Kowloon Wharf No. 1-North on Friday, 28th December at Noon for Sydney and Melbourne.

Baggage:

With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must pass through the Wharf Company's godown for loading on board by ship's slings.

HEAVY BAGGAGE should be sent to the long Kong & Kowloon Wharf Company's Baggage Kosm at Gate No. 2 by 6 p.m. at the latest on Thursday, 27th

December. Heavy Baggage CANNOT accepted after this time.

Embarkation:

be

Passengers should embark between 10 am, aud

11 a.m. on Friday, 28th December.

BUTTERFIELD & SWIRE

Only

AGENTS

Canadian Pacific

Socretary of the Interior Os Fly To

Car Chapman predicts that the United States would set an all- tim record in cobl exports next

year.

vanced as TESON for not

Mr Chapman estimated that send digging enough coal when un- employed Italian workers clam- the United States would

about 50,000,000 tons of coal to our for a chance to work

Western Europe arti other over- 'casă mines."

in 105%, and about ven breas on Commenting

this, the official here noted, "Everybody 28,000,000 tone to Canada.

Government with This tommage of antiraci'c and I bituminous coal would exceed Steel mill operations will def the US rline slightly this week from anything to do with Europe

and Ger- the peak export year of 1947, agreed that Brain partial observance of Christnins many have got to increase coal when 77,400,000 tons were ship

could get ped. in some mills.

production. It wo

of Brkien The operating rate was esti- 20 to 25 per cent more of

Exports this year are expected mated at 101.4 per cent of copa coal & would go a long way to to total about 04,000,000 tons, a city compared with 164.9 last solve many European problems." total, second only to that of weet (all-time high), 1040 Batisfaction was felt here over 1947. The 1950 total wat only month ago and 100,1 year ago the OBC Ministers

resolution 28,000,000 tons. Currently, Tonnage this week will be calling for increased output, ho

however, exports to Western 2,027,900 Against 2,067,043 Inat wald, but it would take a great Europe done are running at an week, 2,079,000 a month ago and miracle to increase coal pro-anual rate of 42,000,000 tons, A 2,930,000 last year. Associated duction very muka in view of The 1981 export total is ex- their whole iniurial complex." Press.

He noted that Betllah ebál #X« | Spod to include 29,900,000 ports declined not because of a 20,400,000 subadanlal, drop In production

JAPAN STRIKE

A

soft comi bent to

CIVIL SERVICE

feeling. too. among arts The problem applies also in Government gérvice and the graduates that having received armed forc where officers higher education, their talents Have retired at an early age would be wasted in such a

Moreover career.

many of after many years, abroad.

Buenos Aires, Dec. 18 Difficulty has been found in them want only short periods

matable

President Juan Peron has posts for oversens. obtaining

The Times Review emphasises given top management and with commensurate these men, their age and experience. The that an industrial port in the labour lendera 60 days to work Time Review suggest this colonies bas much to offer an out plans to bring prices and

ambitious wages into balance. the adventurous by could

be overcome

sald provision. Of atane form of young man. There and bigger further training and rehabilita- sutaries and better chances of into conference the

But It points don which could enable then to "getting

in the face of continued be fitted elder loto a home or

repruit every effort must be newly founded made to ensure that posts are federation Freresenting manare for y con U more thart, attractive that meat and 101 them to act to-the smployersfiner rimrában kira med sigven then bow so years MOUNT PEDERNE

Otake their labour moca efface men of the inghest calibre will gether on proposals to halt the of tire National Federalfort

Industry

WorkctedLive. But he added it, most come forward London Express current. Inflation spiral, United | Textilo

Unions-Heuber.

"of "the suggestions of Britain's Service,

und

out

tone to Western Tokyo, Dec. but because of increased homeurope, and 6,400,000 tons to su defende plants other areas, swad 3,600,000 tons One hundred and fly thou comes amplon

· of... krikhratite Canada and

to and employer of wight major now going in full blast.

in western Japan. He six the US tried to hp 2,000,000 2 CONE

Ferom call The report

of the Cowth often mits Gener Generdi Labour Bormation or into industry in } falling of in the number of ・ caderation and the hoida today carried out ■ SNKS FUT AB Britain creces the cosi bulut Burópa Bid viter, Bread,

Karsted:

colonial induiry and commerce

In a variety of trashes and og cupations. The Gold Coast, for example, hueda disitand drill

General

Con

Weftsm

inay

CHEYOTE, napaosty.

and

lawn – exports are distributed evenly over the entire year;

Associated Press,

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