1952-01-09 — Page 9

1

THE CHINA MAIL, WEDNESDAY, JANUARY 9, 1952.

Royal Interocean LINES PLAN

*TJIŁUWAR"

VAN BEUTKZ"

BADAK" ·

SAILINGS

To

MAIDEN VOYAGE

singapore, BJakarta.

Surabain & Maratsur

Japan Ports

Semarang,

singapore, Penant & Djakarta

Japan Pol

Singapore Bikaria. Sequarang.

Surbain & Macassar

Singapore. PARK & Belawan Den singapore. Alries, & S. America lapan Potty

Singapore.

Djakarta, Semarang

Sazabalą Ataessas

Djakarta, Bemarang. Surabain

Macassar

Singapore,

Djakarta, Semarang.

Jun.

10th

Jan.

1201

Jan.

35th

"BOISSEVAR"

Jan. 1715

"TJIWANGI"

Jan, 28th

-VAN BEUT 52′′*

Jan.

ILME

"ZIJALENGKA"

Feke Sh

"TREMAN

Feb 913

TINUWAI

Nib.

TIRODAS

Fu

16

TAIWANGI

b

21k

"

TASMAN'

3

·TJISADANT"

17

1 ts

"TJE UWAJI

M

13th

URSE VAIN

an

24th

Manila, Singapore,

America

AJIWANJA"

1.

I

D

Singapore..

Djakarta.

Kurabnik & Macassar

STRAAT

100

Kh

Manila,

Singapore.

Africa

Semarang.

&

MAK ANSAR"

Amertra

1.WANG 7"

2 pi

31

Singapore,

Jakarta

Semarang.

זין

sarabain & Macandy

Szaport. Penaze & Belawan Doll Manita. Singapore, Africa &

MENZIJER

Singapore, Bjakarta, Bemarang,

Data & Macas AS

Africa

B.

Singapure, Djakarta. Bemarang.

Mirahak & Macassar

Surabat & MacaxaT

ARRIVALS

From

Belawan joli. Þjakarta & Singapore S. America, Africa & Singapore Macassar. Surabaja

YAN BEQTSZ

JALAN

1113

301SE VAIN"

21

1547

1AM ANG"

Jan

1901

Remarang.

Jakarta & Singapore

TAIPANAS"

Fan

2011

K Amertex, Mirica.

Singapore B

stantia

·SAIDIALENGKA"

1.

Gth

dapat

"TASMAN"

Feb

KLI

VAN BELTSZ

Feb

25th

P

J'enang Belwar Delt

Helovan Bell &

Singapore i Singapore

General Agents,

HOLLAND EAST ASIA LINE

SAILINGS TO EUROPE

"AAGTEKERK"

4:0

"OVERIJSEL'

Feb.

7th

"UOGKERK"

MAI

7th

ARENDSKERK"

Apr

701

SAILINGS FROM EUROPE

Balls

Rotterdamn

Arrives Hongkong

"OVERUBEL"

Meiled Der

"BOOGKEKKTM

saled Dec

It 3101

131

Feb.

4th

"ARENDRERK"

JRD.

3pth

Mar

6th

"KJELDRECHT"

Mar

"AAGTEKERK'

Apr.

6th 2nd

Apt.

Yout

May

8th

KING'S BUILDING, TELEPHONES: 28015 TO CHINESE AGENTS: 82, CONNAUGHT ROAD, E TEES

ΤΟ

SAVE DOLLARS

MESSAGERIES

Scheme Which Would Affect Lancashire

Wool Prices To

Be Lowered

Washington, Jan. 8.

The Government today ordered wool ceiling prices than to be lowered more

20 per cent by April 8. The ceilings in clothi and other woollen goods also will be reduced to re- Beet the lower wool ceil- ings,

The order will not lower the selling prices of either wool or woollen goods. The new wool ceilings till are about 40 per cent above the current market prices. Other woollen goods are selling well below celling prices. United Press.

Claims Against Japan

P.I. REPARATIONS DEMAND

com- the

Rationing Proposed Of US

Cotton For British Mills

London, Jan. 5.

A scheme which, it is believed, would seriously affect the Lan- cashire cotton industry but save Britain dollars is to be put before the Treasury shortly.

Background to the plan is that the cotton industry, which imports about £40,000,000 worth of cotton annually from the United States, is costing too many dollars.

For the cotton, bought in hard American currency, after going through the mills, does not recoup dollars. It is sold mostly for Sterling.

Backers of the scheme. there- ire, advocat: raiong dollar cotton for Lancashire by making 25 per cen cut in impa: 5

ls would only get American www.collon to meet vital export orders and essential home 10- quirements.

The Exp left in the home!

market would be partially filled by rayon, which costs less. There already over-production of cotton textiles-50 that dollars are going to waste anyhow they

Collen workers

menployment,

thrown into

it is stressed, could find work in the 400,000 jobs vacant in the arms industry, many of them: in Lancashire

A PRECEDENT

The scheme is a carbon copy what has happened to tobacco

Britain and petrol

Impoots of cubueca, mave been slashed giving a great boost th

are growers

EXCHANGE

RATES IN

NEW YORK

Canada England-official

unofficial

New York, Jan US$ 0.98%%

30-day futures

Australia

New Zealand South Africa

Belgium

Denmark Francs

Manila, Jan. X. The Philippines' claim for $8 billion reparations from as it is, Japan shall stay according to Economic Ad ministrator Salvador

With petrul, the cuts cuevarag- Aranea, head of a 28017

ed the US. to sell for Sterling. Egypt mittee investigating

Iron This could happen with cotton. capacity of Japan to pay re-. In any case it would probably Iraq

Turkry bring down the price of Ampi· Latin America parations.

The comunitare also considered cun colton, now about 3s. 9d per: Argentina auded formula for reparations and as against 711⁄2d per pound Brezil

Bolivia saviem reported to be under: 1939.

arry by the Japanese Foreiga inistry The alient points of

31190, JNRAK

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

NEXT SAILINGS

MS.

GRETE MAERSK"

M.S.

OLGA MAERSK"

M.S

JEPPESEN MAERSK"

ARRIVALS FROM U.S.A.

M.S

OLGA MAEKSK"

MR

JEPPESEN MAERSK"

M.S.

HULDA MAERSK"

Jan.

Feb.

18 2

Feb 13

In Port

Jan. 12 Jan. 20

1 pian PI

-Establish of Jou! Japon-Philippines developament company with Philippines offer i of in-developed C1 under- Tully I developed

developed, and minerals to be lished into manufactured goods by Japanese Jaboul And techniques.

nus to be

2.--Distribution of such manufactured goods to the two countries.

the

í

2.7836

2.31 blá/-

2.40 naked

.0035

HONGKONG

SHARE MARKET

(From Our Correspondent)

The volume of business done on the Stock Exchange this morning was valued at $428,715 Noon quotations and the morn ing's transactions:--

SKARES BUYERS SELLERS SALES

BANKS

IIK Bank INSURANCES

Canti

Trian

HK F

SHIPPING

Astu Nav DOCKS, ETT

240

1635 10 35

300 230

010 820 4+ BIN 51201 146 156 300 * 15%

102

1.46 4000 A F

105

7 200 @ 690

Wharf 670

131 132

3.70 30390.

°3«% Provide Shai Dock Whaetor, AND. ET

HK Ho

!! Laget

-ba: tand Bamphucey UTILITIES

560

M

Tod

ני

יהJ

MARITIMES

M

Chitward For

Manila, Volcohama &i

Kabr

13

Feb. 29

KAIKOR

"LA MARSEN LAISE” Jan 13

"ZELIDJA"

“BIR HAKELM"

Lat

"LA

MARSEILLAISE”

J

HEASTLA

{"MORTAIN

~

Homeward For

N kirken &

Europe

Marseilles via Monšta

& Salgon

Africa & Enreps

N

Mal

1

Atelea

Бозоре

passengers & freight.

freight for Saigon. Port Said, Tuvis, Algiers, Oran, Tangier, Casad annan. Havre, Dunkirk, Antwerp & Rotterdam.

Subject

To Change Without Not r

CIE DES MESSAGERIES MARITIMES P.O. Box 53. Hongkong Queen's Building (gr. floor) Tel. 2665! (3 lines).

M.V. “LA MARSEILLAISE”

12 days roundtrip

To MANILA and JAPAN

2.78%

90-day futures

2.77%

2.232

* 8912

2.76%

0198

K Wharf

1455

0028.8 15

West Germany Holland Italy

1.20

2030

11003

200938

Norway Portugal

1405

03481+

Spain

0205

700 57

DESTINATION

ARRIVAL

DEPARTURE

Sweden

I'

2000.. 1.08

Switzerland

2281

500 61 149,

Middle East

2.882

13:1

17

500

7

ilongkong

12 Jan.

11.

13 Jao 10 p.m.

580

10.

.03125

2.81

Star Fa

110 250

1174,

Manila

15

10 m.

15

3 p.m.

Light TOT 105 $00 3000

3375

1000

8.

0703

C Ligh INT 15 20 500 Bectric

6515

Yokohama

19

4.

23:00 100

201

0500

Blestite

2:30 21 60

200 500

23

Kobe

211,

Chue votion Columbia

Any use, J

Mexico Per

0150

402

4025

longkong

21

25

9 ..

201

#2

1 p.m.

3 p.m.

Telephone

143,

p.m.

.00

Į INDUSTRIALAS

1135

Cemen

.0500

Urugu

4250

Hum

Venezuela

2006

STORES ET(

Far East

Daisy

India

2093

Watson

2000

#750

3040

.3395

360 yen

to USS 1

That the Lancashire trade is facing, in Testing time is stressed by leading eviton industrialists themselves.

PRICE KEVISION They point out that if world trade becomes 'difficult, prices Paklitan must be revised and companies | Hongkong

bdonesia Singapore prepared to take lower profits.

Buyers abroad. less confident now that Britain's currency will be further devalued, may shortly in the inarket reappear

Nevertheless. production costs! in Britain may still be rising, so buyers

resistance will have to 3.- After a fixed period 15

be met by increased mechanical Over and development.com- pleted, the mines and all facili-efficiency in all branches of the

closer industry.

rosting or re- tes to be transferred to

dured earnings.-London Express Philippines as reparations.

Service 4. The Philippines shall continue 10 have priority in shipments of mineral Jopan, even after the transfer of the mines and facilities.

JAPAN'S RECOVERY The Aranea

Love look

ores tu

Grain Prices

group likewise In Chicago

"the following | of

Government on the question of

For Freight and Further Particulars please apply to:-- basic policies of the Japanese

JERSEN

Pedler Building

CO.

Tel: Nos. 36066-9.

Chicago, Jan, 8. Wheat futures closed % to 1 its ability to meet reparations lower and

soybeans were laims:

higher to lower. Prices closed as follow

1.-Economic recovery in Japan. which seems to give the impres sion that the country enjoying a fairly high standard of living May due to US aid and expenditures.

September

Sp

Merch

Wheat-price per bushel

2.5815 nominal 2012- 2.55 -2 55%

2.47

2.48

AGENTS:

Fuly

2. Ultimate size of reparations Forn

Spol

March May

19215-4

July

1.9248-43

September

1,88%

NOTICE TO CONSIGNEES NOTICE TO CONSIGNEES to be determined by SCAP man-

Consigners per

STATES STEAMSHIP COMPANY

are

8. "OREGON"

by colifled that their cargo is being decherged into the Hong- kong to tow. What & Godown Co's godowy water 1 be at Consiglice isk and subject to the

rondition What ens +6210]

and where delivery may be

01

are to be len

Damaged par in the downs for examination by Consignees and the Company's sur voyers, Messrs. Carmichael & Clarke at Ati p.m. on the 12th January, 1952.

w (13) To comply

General: pated Warehouse Regulations consignees

have a Revenue Ofeer in attendance when damaged dullable goods are examalted.

the

No claims will be admitted after the goods have left the aleamer'a godown, and all goods remaining undelivered after the 13th January, 1952, will be subject to rent.

to the Under-

All claims against the steamer must be presented signed on or before the 20th January, 1932, or they will not be recognised. No Fire Insurance will be effected.

DODWELL & CO., LTD. Agents.

Hongkong. 6th January, 1002.

CONSIGNEES PER LLOYD TRIESTINO

m.s. "U Vivaldi"

at

are hereby notified that their cargo is being discharged into the Hang- kong & Kowloon Wharf & Godown Co's gudown where it will be consigates risk and subject to the Whorf's teritis and condition of stor- age, and where delivery may be

obtained.

cial adviser Joseph Dodge.

3.-Emphasis for reparations in service be laid on technical assis- fance as much as possible.

4.--New materials for process- ing be supplied by the clamant but processing for heavy industry! be avoided as much as possible.

S-Avoid services which com- pete with normal trade.

to and 8-Strict adherence strict interpretation of Article 14 of the Japanese Peace Treaty.

--France-Presse.

TOKYO CONFERENCE

Damaged packages are to be left in the godowns for examination by Consignees and the Company's Sur- veyors, Messrs. Goddard & Dougla at 10 am on the 12th January, 1852. To comply with the General Bond-

The ed Warehouse Regulations, consignees

ference must have a Revenue Officer in at tendancy when stamaged duttable fishery goods ure examined.

today.

Jye Desember March Gath December

1.97 nominal

1.91

2.11%-2.11 2,084-2,07

05%-34 031-4 March

New York flour -per 200 1b. Sack. $12.00 -United Press.

The Rubber

Markets

I

Japan

United Press

Worsening

Newsprint

Shortage

Washington, Jan. 8.

seid The State Department Juday that the newsprint short- uge was causing mounting con- cern among all free countries. services which see their Press threatened by diminishing sup.

plic

to

The Department's Comment was chiefly on the situation in! Europe, but the remark ap-j peared

supply to the free world generally.

Department said: "In- flationary factors accompanying 1951's defence efforts greatly magnified the problems of an celerating world demand and

The

| of shortages produced by two

world war

wars.

102, 12 35tki... 17

22'

500

19 TO

200 19.1

21 500

201

Crawford 25 34

COTTONS

Ewo

2,000

200 y 35

CIE DES MESSAGERIES MARITIMES

P.O. Box 58, Hongkong.

LONDON TIN

MARKET

London, Jan R

close 1 Prices of tin barely steady. Turnover was 91) tons, including 25 tons for cash

P.ices closed at the end of the olkia1 morning sts:ion follows:-

Spet In, buyers

Spot tin, seliurs

142

945

945

Business done at Three-months tin. buyers 140 Three-months un, sellers 042 Business done at

045-042 Settlement

945 United Press

May

Investigate Tariffs

Washington, Jan. 7. President Truman today dis- closed that he might issue gin cxecutive order calling for in

Queen's Building.

Tel: 26651 (3 lines)

| M.V. “LA MARSEILLAISE”

will sail

for

Manila, Yokohama and Købe

on

Sunday the 13th of January, at 10 P.M.

Passengers are requested to board the vessel with their cabin baggage or. Sunday the 13th of January

between 6 P.M. to 8 P.M.

Baggage Room and Hold Baggage will be registered at Kowloon Godown No. 50 (No. 2 Gate, Canton Road, Entrance) on Saturday the 12th of January between 9 A.M. and Noon.

No baggage will be accepted for registration

It noted that Europe had been vestigations of all tariff increases unable so far to recover its full granted under the Reciprocal pre-war capacity produce Trade Agreements Act. He after this time. newsprint and said that made the disclosure as he up-

the

to

ta

trend there may be toward still further cuts in production. Pyed an increase in the tarif

on.on furs imported for use The comment was made by making hats. the Assistant Secretary of Etate.

Mr Jack McFall, in a letter to The duty was changed from e Representative 1. Beckworth, s.raight 15 per cent to 477.2 chairman of the Newsprint sub-cents à pound, representing a Committee of the House of Re-material increase.—United Press- presentatives Inter-State and Foreign Commerce Committee. The group is studying the news- Prices of rubber futures closed print situation because of on reparations and today as follows:- problems took a recess Number i rubber, in cents

The Indonesian de-

Tokyo, Jan. 8. Indonesia-Japan con-

per lb.

No claims will be admitted after legation is believed to be stil February

March

April/June reparations July/September

the goods have left the steamer's studying the Japanese counter- Kodown, and all goods remaining un- proposal

оп

delivered after the 14th January, 1952, formula and asked the Japanese will be subject to rent.

to call off today's meeting. Associated Press.

All claims against the steamer must be presented to the Undersigned un or before the 21st January, 1952, ori They will not be recognised.

No Fire Insurance will be effected.

DODWELL & CO., LTD. Agents Hongkong. 7th January, 1952.

New York, Jan. 8. Copra was quoted today at $165 nominal per short ton. Cocoanut oli was quoted today

Press.

London, Jan. 8.

October/December

414 4074-41 3932-40

37-376

-linlied Press. SINGAPORE MARKET

Singapore, Jan. 8. Prices of rubber futurcs closed today as follows:--- Number 1 rubber, per lb.

January February March...

140%-141

the shortages and had asked

particularly State Department

for information on newsprint in Europe United Press.

Cotton Futures

In NY

New York, Jan. 8.

Cotton futures turned higher

1393-140 ¦ today. The market closed 5 to

15 points higher.

ot 11 cents a pound.—United | Number 2 rubber, January 130-1381⁄2

Number 3 rubber, January 13314-45 Number 4 rubber, January 1283-12014 Spot rubber, unbaled.. 14015-31 Black crepe

Pacific Far East Line, Juc.

Fast Regular Trapu-Pacific Service

OVERLAND

NEW YORK-CHICAGO-DETROIT-TORONTO MONTREAL AND ALL AMEIUCAN CANADIAN CITIES

No. 1 pale crepe

105-108

187-102 United Press,

NY Stock Market

New York, Jan. 8.

Dow Jones averages at the end of the Stock Market session

stood as follows:-

30 Industrials

20 Rails

DIRECT SAN FRANCISCO, LOB ANGELES Guam, Maripas Islands, Micronesian Islands Regular Service direct or with transhipment. 40 Bonde

From

Arrives

Salla

Fet

'Verant

"FLYING SOUD"

San Francisco

JOL 15

3. 24 Bàn Trancisco & Aoi Analo

"ACOD LUCKENDACHI'

Streita

Web.

Feb. a

For full partlonines cáll. Unlind #uk

15 Utilities

March

42.46-

May

Juy

October

December

42.30 41.88 30.32-39.25 38.06-30.03

March (1903) May

50.00

United Press.

38.08 nominat

JAPANESE BONDS

Japanese bonds

"A"

of 1899) of 1810)

London, Jan. 6.

62%

208.68

"B" (48.

5312

82.09

# (53,

of 1934)

1042

48.00

"D" (55.

of 1934)

78

190.36

--Unified Preis.

"E" (55. of 1934) Consols

116

014

NY Seeds And Oils

-United Press.

New York Job Exchange Rates

Prices in the beeds and oils market closed today unchanged with the following exceptions Kan Francisco de Los Angstes Peanut Oil

FOB, NEW York, Flex Food, per bundel,' Co. General Agenta, Quest's Building, Tel: 38198, .......... F.O.3.. Minneapolis

Minites, "Proci,

10%

Dorinese war done in the Roent

murning at the followlog zates unofficial mkchange market. AhLE

119, dolet (pës (1)

starling lotes per cu

Indonesia Muldege (por 100)

4.88589icap, cher F30) wer FIC" pioniron 13r › 1001

CARGO

CIE DES MESSAGERIES MARITIMES

P.O. Box 53, Hongkong Queen's Building (gr. floor) Tel. 26651 (3 lines).

CHARTER

GAT

CIVIL AIR TRANSPORT

Peninsula Hotel Arcado. Phone 58758

TA HING COMPANY LTD

PASSENGERS

St. George's Bldg Phones 31266-9