1952-02-01 — Page 9

NTEROCEAN

BAILIN Q.8.

To

INVES

Singapore, Penang tiblawan Betz

Bijakarta, V· demarang,

surable &. Macassar

HUAN HEUT82" *TIWANG

204

Feb.

204

Bingapore,

*TJTJALENGKA"

Veb.

9th

Feb. oth

Feb. 13t

"ТАЕМАЯ "TIBODAS”.

**JIUWAU"

ŠTIISADANE"

ASMAN”. *THWANUF

Fab. 13th

Bingapore, Mauritius, Dar-es-Salzm, Zanzibar, S. Africa & 8. America Japan Forte

Djakasta, Bemarang, Buczḥain s

Singapore, - Djakaria,

Japali

utabila. & Mincassir

Semarang,

Aingapore, Tennas & Balawan Deti Singapore. Djakarta, Semarang.

Burabala 4. Macassar

Djakarta, Terban Bemarang,

Estabala & Macassar

Bingapore

Kingapore, Mauritius, B. Africa &

$. America

Bingapore

Djakarta,

Surabala & Macazir

Benisrang,

Manila, Singapore. Mauritius, E. & A.

Africa America

Djakarta, Tilreton, Semarang,

Burada & Macassar

Singapore,

Djakarta, Semarang.

Burabala & Macaske

Bingapore, Penang & Belawan Dell Djakarta, Ttrebaut. Semarang,

Surabala "Mack

Feb, th

Feb, 20th

Mar.

2nd

"TZIPONŲOK"

ALGT.

"EMPANAS"

Mar.

"TJISADANE"

Mar.

7th B

Manila,

B. Africk

“TJILUWAB "DOIRSEVAIN"

Mar. 2011

Mar, 23:4

"TJIKAMPEK"

Mar. 25th

"DJIWANGI

Apr.

2nd

"VAN HEUTSZ"

Apr.

7th

"TJIBODAN"

Apr. 14th

"TJILUWAII"

Apr. 10th

Apr. 251H Stay 2nd

"STRAAT

May 2nd

MAKASSAR”

HTJILUWAI"

May 18th

ARRIVALS

"TJITJALENGKA" Feb.

71

Japan

Fab. 8th

JLUWAIT

Feb.

10th

MACREVA

TJISADANE"

Fab. 12th

Feb. 27th

"TABMAN"

TJIWANGI"

"TABRIAN"

"YAN DEUTSZ"

"STIAAT SOENDA" Feb, 28th

Singapore, jakarta, Semarang,

Burabala & hinchadar Singapore, Penang & Belawan 'Dell Ujakarta, Semarang,

Singapore,

Surabala Macasing Alaia & S. Americk

Hingapore, Mauritius, E. & 8.

Djakarta, Singapore,

Burabala & Macar

From

Semarang,

Peruz. Belawan Dell & Singapore

Surabala, Semarang, Djakarta Bingapore

H. America, E. & S. Africa Singapore &

Manila

Penang. Belawan Deli & Slurapor

Africa, Bingapore

America, 8.

5.

& Manila

General Agents,

HOLLAND EAST ASIA LINE

SAILINGS TO EUROPE

"OVERIJSEL"

.Feb.

7th

"HOOGKERK"

Mat..

ALA

"ADENDSKERK"

Apr.

"KIELDRECHT",

May

SAILINGS FROM EUROPE

Stotterdam

"HOOGKERK**

Sailed Jan. 3rd

Arcives Jongkong

Feb,

"ARENDSKERK

Jan. 30th

Mar.

"KIELBRECHT

Mac.

5th,

Apr.

"AAGTEKERK"

Apr.

May

June

"OVERIJEN

KING'S ECHINIST

FOREIGN EXCHANGES. IN NY

·Canada

New York, Jan, 31,

US$0.9924

2.78-3/16

England-ofcat":

unflictat

30-day future

+ 00-day futures

Holland

Norway Portugal

Spain

Sweden

2nd

May 2nd

THE CHINA MAIL, FRIDAY, FEBRUARY. 1, 1952.

Page"

INDUSTRIAL REVIVAL IN MESSAGERIES MARITIMES WESTERN GERMANY Plastics

Ruhr Experiencing A Boom

(BY VAUGHAN JONES)

· Dusseldorf, Jan, 31.

Less than seven years ago, the victorious Allied leaders, marching across the rubble deserts of Germany's bomb-shattered cities, predicted that decades would clapse before Germany's industries could prosper again.

Her factories were desolate shells, her rail ways wrecked, her great coal and steel industries: in the Ruhr paralysed.

Feature OF BIF

A

London Jan.-31. Britain's rearmament drive will cast its influence over the. 1952 British

Industries Fair, to be held at London and Birminghami in May

of the West still make a united Germany their distant goal. -

The Plastics Section at Heavily garrisoned by Red Olympin, in London, will be half A:my troops, the East seems to again the size it was last year. the West Germans a' far-away. For the scarcity and; price of Their Nazi Teaders in prison, the German people torbidden and which few with metals, diverted to arms, has crushed, under-nourished, "and dressed in threadbare to enter. clothes, scented trelpless in defeat.

And the new-yle big indusled many industries to substitute plastics for pence-time, pro- trialists have little open contact ·

ducts. Today, the smoking factories setiles her outstanding pre-war with affairs there,

Emphasising this expect will They, are content, for now, to be a central feature organised in the new Federal Republic, re- debts).

The economic co-operation recreate their wealth, and power by the Ministry of Supply. to- built and re-equipped at a speed which Western industrialists can of the victor nations who nd-in the rupidis seborn, resurgent rether with the Royal Aircraft DE.E.C. Germany of the Federal Re-Establishment at Farnborough, scarcely credit, are pouring out mitted Germany to well-produced goods in a bid to enabling her to receive the public, and grow fat under the IL will show how plastics are mutual trading benefits of mem protte ton of the armies of the capture world markets,

Western World. ber States. The shops are crowded, workers warmly clothed.

Walters in prosperous, rebuilt serve plates piled restaurants high with falty foods.

The pre-war style, stout Ger- man businessman, self-confident and assertive, bustling to his

the

3 The organising ability and inborn capacity of the German people to work hard for long hours.

• CURRENCY REFORM This has been the most strik- of all, And their

Carable office with the in-ng factor

leather briefcase under joint efforts to restart Germany's his arm, has reappeared in his industries were marked by one

particular date. tens of thousands.

In factories, the lights burn often all night, as shifts, take over from one another.

PATTERN EMERGES

the when

It was the day when #cigarelte сколоту" cigureties were a nation-wide currency came to an end.

was the day when goods magical-

HONGKONG SHARE

MARKET

at

GOVT. LOANS

BANKS.

INSURANCES

Union.

not only being used for now

erticles, but also for small heavier goods which in the past Have either been made of metal or involved, composite structures in their manufacture.

Other highlights will include. the Jewellery Section. There, Jewellers, silversmiths and watchmakers have also taken more space than last year in "Millionaires Row",

The total space occupied by the Fair in London is a little less than that during the 1951 Festival Yeur.

MM

“ZELIÐJA”

THEOGENITOR"

***FELIX ROUSSEL”.

+"BIORTAIN" +"ZELIDJA"

†

AAT.

Leaving

Outward Tar

Kobe, Yokoham

Homeward For

Marseiller via Mandia

N. Africa" "Europe

+afar, `25) Mary 26, N., Afričs &. 'Eprope

passengers & freight. freight for Saigon, Port Said, Tunis, Algiers, «Oran, Tangler: Casablanca, Havre, Dunkirk Antwerp Rotterdam.

Andjert To Change Without Notes

CIE DES MESSAGERIES MARITIMES

P.O. Box 63 Hongkong... Queen's Building (gr. floor) Tel. 20651 (8. lines).

MAERSK

LINE

FAST FORTNIGHTLY SERVIĈE TO:

1

NEW YORK, BOSTON, BALTIMORE & PIILADELPHIA via

SAN FRANCISCO, LOS ANGELES AND PANAMA. O

NEXT SAILINGS

M.S. "OLGA MAERSK" M.S.

"JEPPESEN MAERSK

M.S.

"HULDA MAERSK” --

M.S.

TREIN MAERSK”

Bir- cn-

M.S.

"PETER MAERSK"

Nevertheless, 400,000 square feet at Olymple and Earls Court have been booked by 1,250

GROUP EXHIBIT Nearby, pretty models will From Our Correspondent) show swimsuits and underwear.

Alongside will be

group ex- Business done on the Stock hibit, perhaps more mundane, a record was of printing Inks, and this morning In their homes stalwart young by appeared from under the Exchange

Noon number of displays showing the $830,847.50, inen and flaxen haired girls pre-counter, and millions of workers valued

the morning's latest office machinery and ap-

pliances. pare for the seasy's earnival and haustraus suddenly thought quotations and

and transactions:-- marks terms of again in bails. -

not in packets of knigs and Foreigners who express their

wars cigarettes or pounds, of coffee. SHARES BUYERS SELLERS SALES views about two world

The Ger- For.pn June 21, 1992med, and show deplorably bad taste.

(1548) pas,400,000 6 03 The concentration camps, the man currency was

werkers'

HK Bank pay packets once again

1365" -10 as 1570 liquidation of 6,000,000 Jews in

at the gas chambers and torture cells, represented real values. The occupaton forces, might never have happened.

The pattern of the New Ger-same time, were releasing one by one their controls on German many has emerged.

ne industry Smashed in their attempt at Dismantling, bitterly opposed world domination, the German

by the Germans, distavoured by people, with stubborn ten the Americans, approved by the hard

work and

recuperative powers which have astonished British, demanded by the French, frally benefitted the vanquish- have already Allied observers,

themselves. been successful in re-established

Using Marshal Aid funds, the ing Western Germany as greal London, Jan. 31..

and increasingly competitive in-Germans re-equipped their fac

tories with brand new machinery Prices af rubber futures dustrial force.

old and perhaps closed today as follows:

The Germans had been order-after the Number1 rubber, in cents

per 1. A March

The Rubber

Markets

October/December

40-4014 40-4014 304-40X 301-%

57.5734

-United Press,

SINGAPORE MARKET

Singapore, Jan, 31.

Prices of rubber futures. closed today as follows:- Number 1 rubber, per 16.

March

Number

J rubber,

| Spot rubber, unbated

United Press.

ed by the Allies to assimilate worn-out plant had been re- moved at somebody else's. X- Into their shuttered economy 9,000,000 refugees, raising their pense. population to nearly 49,000,000 crowded into 98,700 square miles.

This extra labour they now using to advantage, HIGHEST EVER

April

2.32 bid-

April/June

2.33 asked

July/September

2.76%

Australia

2.32

New Zealand

South Africa

2.70%

0109%

Beiglum

Denmark

1455

France

0023-9/10

West Germany

4.20

Junuary

.2040

February

1382-% 133-

-Italy

1405

Number 4 rubber,

over

370

Jaikary

0205

0935

January

Swizerland

2400

Number 4

MIDDLE EAST

January

Egypt

2.88:1

131-134

13024-331%

1284-120 1387-%

Ler.

And

03125

Відск стере

tran

Iraq

2.01

No. puts crepe.

3375

Turkey

LATIN AMERICA

Argentina

0703

,0500

0108

1.00

1155

4950

2005

EAST

Indiu Pakistan Hongkong Indonesia

2000 2030

.1750

10-10

New York, Jan, 31; Prices of cotton futures closed today as follows:- Spot

42.30 nominal March

41,79

Singapore Japan

.3395

Moy

41.47-41.80

360 yen to US$1

July

41.03

-United Press.

October

December

31.10

March (1053)

May

38,03 nominal 31.82 nominat 373 biết United Press,

Braz!! Boltyla

Cle Columbia Cuba- Mexico Peru

Uruguay Venezuela

FAR

.05.00

Cotton Price

In New York 1,200,000 there

July **

38.46

are

Germany's

STEEL RECORD

79

Then the Ruhr barons began by expanding their production for the home market.

to

Not

Britain's

sHIPPING

700 140 7211

10 7621

Asta Nav. 130 1.70 500 a 1 DOCKS, ETC.

K. Wharf 102 N.PL. Wharf 6.901.10 2560

Dock Provident 14.10

Shal Dock

Wheelock LAND, ETC.

HIK Hotel 1 Land Shai Land Humphreys

UTILITIES

Tram.

3.00

500 1.17.0 25-1000 14.60

2000 3 33,00

1000 14,75

454 450 0

3

.. 0033 BUS. 900 55

3000 1.40 1414 142% 800 or 145

„17 60.

P. Trani 101 2315

P. Tram (N) Stat Ferry.

116

500 17.65

300 e 17,70 01370

ot manufacturers, while

in the heavy mingham, gineering section, more than 1,100 already manufacturers.... have taken over 485,000 square feet at Castle. Bromwich.-London Express Service.

Grain Prices

Decline

Chicago, Jan. 31.. Profit-taking near the Alose C. Light (0) 8.30 4000 8.80 brought a sharp reaction. ana CLIMB (N)

0.10 500 10

Electric... 23.55 242003 carried all grain futures lower. dee. (Bonus) 223- 2000 276 Wheat futures closed 24 to 3% #lower and soybeans 24% 14,4%

ARRIVALS FROM U.S.A.

M.S. "NICOLINE MAERSK“

Feb. Feb. 14 Mar.

Feb. 15

Feb. 29

Mar. 17

For Freight and Further Particulars please apply to:➡

AGENTS:

JERSEN &

Pedder Building.

CO.

Tel: Nos. 36065-9.»

PATTISON ORIENT LINE

LIMITED

s.s. LAURE PATTISON”.

Telephone INDUSTRIALS

Cement

Rope

Dalry

24

1000 r 1960 2800 216

17 174 5500 17,40 lower.

Prices closed as follows- 18.50 103% 1200 @ 19.40 What-price per bushel

Spot

2.541 nominat

2014 2014 20

Watson

COTTONS

Fun

Crawford

300 or 3319

MISCELLANEOUS

Yangisze

200

1103 430 ...4.20

1.20 1000 3,10 MICH

March Mny J September *Cam Spat

2.301-14

2.531- 2.45-2.45

May

July

1.0514 1.91 1.877.1.87 1.21-1.02%

Due From:

Rye

March

2,0011-14

Kobe Feb.

2.0015

Osta

March Μην

09.00!

New York fast-per 200 lb. Back. $12,000-United Press.

LONDON TIN MARKET

London, Jan. 31,

Prices of tin were eusier today. New

Three-monthis Business done at Settlement

ARTIS

057 buyers DEG

efters mus

0874-935 98215 United Pre

When this was eatisfied, they sought out new, territories. STOLE A MARCH

Western Western

and other Britain Today overalt industrial production is nations were gearing their in- the highest in history. It is just dustries to rearmament. Their STORES, ETC.

ane-third more than in hands tied, their raw materials 1938, the peak pre-war years swallowed up, they were forced to before Hiller ordered his people watch, merely, while the Ruhr thel: foreign to produce guns instead of but-chiefs built up

trade on the basis of the rame her last year's £1,174 products as before the war. million exports (£697 million in None of Germany's precious 1950) were already nearly half materials were being turned into

although those of Britain. (Finished and weapons, half-finished products were 78 trading circles had long warned also be that Germany must per cent of Britain's).

gh unemployment, over allowed Although

part in play her 1051, dropped

ped from 1,780,000 to Western defence,

were 2,300,000 Now, Germany's export drive, the carofully supported by the more people in Jobs in Western Zones than in the same Federal Government, is well or-Turnover was 125 tons, including

ganise

the only are area before the war.

Ave tons for cash. Prices closed" German Wages, though still compara-

products, tively low, are now 20 per cent including machinery, (their No. at the end of the official morning

session as follows: higher than a year ago, although 1 export), and other metal goods, in she cost of living has risen by chemicals, electrical goods, coal Snet tin, sellers

Business one at and steel being. shipped abroad. only 12 per cent

Three-mantha ta, The Germans are also concene

Un The housing programme is betrating on delivering consumer ago schree- ing rushed ahead. There are still goods (only five years nearly 5,000,000 houses and in-ly obtainable at sky-high black be built-but market prices), Including cloth- dividual flats to

tinned Western Germany es-ing, Jast year tablished a record in construc-jewellery, and once again, weil tion, She built 370,000 "welling made, sturdily-built toys.

Business was done in the local And export traders, compara-

exchange unlis", and bricklayers bansted

market this that, even working alone, they tively free from governmental unoillelal

morning at the following rates: allocations

controls, are U.B. dollar per $1) and could lay 900 bricks a day.

Storting note per 11 re-lapurred by official incentives.

Indonesia guilders (per 100) They produced 1334

· PLOUGHED BACK' ~

Stom teal (per 100) million tons in comparison with

Singapore (Étrait) to retaik They are allowed Jess than 3,000,000 tons in 1947.

cent of the when the Allies allowed the steel about four per

currency they. earn industry an ultimate capacity of foreign

Nominally, they must 11% mlion, tons.

this currency for business And this is only a prelude: By use 1955 they expect to produce well purposes, but there are ways of They partially avold the "turn- utra-modern steet plants come

over" tax, a tox over 17 million when four new evading the restrictions.

levies at dif Motor car production showed ferent stages, of prozessing and the usual record...The Industry manufacture.

They are allowed to deduct Local resellers indicated doubled its output in comparison to be a good cash to plant February shipment at $1.30, with 1935, just before Hitler or three per cent of their total ex- tris year.

March $1.27 to $1.28 a pound, on dered it to ewitch to the produs-port. turnover from their annual If the market reacts as Mr an ex-dock basla. April shipment tion of war vehicles. And now assessment for income tax,

And to finance their reborn ean was quoted at $1.25 to $1.20 a there are over a million Shielda predicts it will.mean

cars on the roads than before industries; business bosses have dissiplined themselves to plough. higher prices about the time pound-United Press.

the war.

Puzzled at this lightning re-back their unusually high post- covery, Western Industrialists was profits, into their businesses; are seeking to analyse how Ger-in, the steel, industry, alone, last year, million was reinveste:t. has achieved itals

The rank and file, of German workore, wishing to. forget the

Sugar Price Improvement Predicted

Washington, Jan, 31.

President Robert H. Shields

of the United States Beet Sugur

Ascociation today predicted

DI

Spot

NEW ORLEANS MARKET

41.00

41.70-41 81 41.50-41.53

March

May

July

Oclober

December

March (1953).

May July

41 01-41.23

38.30

30.57

38.13 bid

37,02 bla

37.49 Did United Press.

Pepper Market

A

New York, Jan. 31,

market drifted. lower in quiet trading today,

significant Improvement nf The pepper sugor prices after the pressure

of

the now----

Steel workers created cord too.

sugar has run it Caribbean Spot motorial was available at into nation,

course.

Mr Shields assured farmers that sugar beets would continue

when the new crops Philippines and

two

of the United

States mainland, best and cane sugar are moving to the market

autumn.

this

Mr. Shields was not dismayed coftening of sugar prices tho In-roo

-recent- wecifs,

by

He termed this development temporary and expressed con fidence that the Government's December effort to boost prices will ultimately succeed,United

$136 to $1.37 a pound and afloats

at around $1.35 to $1.38 a pound.

JAPANESE BOND'S

many

*

more

London, Jan. 31. Japanese bonds

They see three! major contri- “A” (#5, of 1800), 66% Butory factorD AID "B" (4a. of 1910). (59.of 1907)

" (5s, of 1034). "E" (843, of 1934); Consoli

-70 110

70

zu:00..

£21

foods; artificial Exchange Rates

War and past was hardships, are

1. The nid in food - and": baslo' Alad to work-and work hard,

Many of the foremen are former- grants and loans given Mo

N.C.Os in the

the German army; Germany by the victor: nations N.C 01% to set her on her feet following come, were prisoners in remote snowbound Soviet internment United Press,

her collapse. Marthall Ald camps. All pre

And a In this respect,

content to provides £625 million in goods, place in a well-run factory. technical assistance and. We often they are joined by

from viver. The Occupation Power friends who have,fied Britain, America-ánd - †Francof. Rutsien Zone. The fron million, though, farthermiete lent 201

a one-way £1,740 million and 5% million, trame which

Soviet Orders For Italian Textiles

Soviet

US Rayon Output

New York, Jan. 91.3. American» rayon production

Eastern Godmany capacity will climb to 1,660,- for textiles in Italy upon their songs (Britain/hnanaw W 000,000 pounds this yoor, the The orders include £300,000 agread to roalo, this sum-down square miles with a population dusty sources predicted. Last worth of woollen sultings and to C180 million, America to of just ever 17 million, is held in March it stood at 1,335,000,000 300,000 worth of myon yarn £450 million, France to Just Communist grip behind the pounds mocisted Erent, fed and fabrics -Reuter.

ver £4 millon Germany Iron Curtain, although politielons

Dr

Rússia' has placed big orders respectively, "ta, food and clothed frontier guard, One H1800/

FIC plastres (per 100)

World

York Sugar Market

New York, Jan. 31. sugar. futures closed

today, unchanged to 11 lowe:

9th, 1952,

-12-14 Queen's Road, Central

Sails For:

DIRECT Pusan & Japan Feb. 14th, 1952.

› CHINESE-AGENTS:

Tel: 25846.

OVERSEAS CHINESE STEAMSHIP Co.

48, Bonham Strand, West, 1st Floor.

Tels.: 25640) 26127 & 31119.

with saics totalling in contracts. NOTICE TO CONSIGNEES NOTICE TO CONSIGNEES

Contract No. 6 closed 1 higher

to 2 Jower with sales totalling 00 contracts.

Contract No. 4 (world) March

4.43

Miny

4.45

July

Beptember

·4.48 bid: 4.48

November Spot

4.49 nomine 4.45

Contract No. 6

March

5.30 hid

4.01.

May.

18.38

July

4.38 bid- Sa-bid

3.30

September

2750

November

1.73

Spot

12.35

United Press,

9.30

... “BELLENOPITON",

Damaged cargo ex this,venel will

`m/v "CYCLOPS"

..

Damaged cargo ex iijja veasel will

be surveyed at Holl's Wharf between bé, surveyed by Menard, Goddard & 10 a.m. and noon on February | and | Dougies: at Holt's, Wharf, from 19 m.in. 2. 1857, end'ver.signtes äre requested on Vebruary 4 -4218 #♬ 1953, and sim- to have their representatives present signees are requested to have thele representatives present, during the during the survey. „*

mrvey

BUTTERFIELD, Lin,

Agents.

|..BUTTERField 2 swine,

...Agents.

Hongkong Janušty 11, 1652, à Hongkong, February 1, 1052.

"THE TRADE ROUTE

TOKYO TAIPEI

HONGKONG BANGKOK

RANGOON

CALCUTTA PENANG

SINGAPORE

SAIGON

OF THE ORIENT"

Skymaster speed and comfort on The Trade Route of the Orient strikes the note for 1952 travel.

THAI AIRWAYS CO.LTD.

BRANCH OFFICE (POAS)

PENINSULA HOTEL LOBBY STEL. 6886