1952-02-29 — Page 9

THE CHINA MAIL, FRIDAY, FEBRUARY 29, 1952.

MESSAGERIES MARITIMES PHILIPPINES

MOM

Arriving Leaving

"LA MARSEILLAISE" .Mar. 20 "MAPIE HILL”

5

***FELIX NOUSSEL"....Mr. d. {"MORTAIN"

¡"ZELIDJA"

Outward For

Mar. 30 Kobe, Yokohama

Homeward For

.Mar. 15 Apr. 4

Mar. 1

Mar 16

Apr. 5

Marmollien via Manlia N, Atelen & Europe N.- Atries & Europe

passengers & freight.

t freight for Saigon, Alexandria, Tunis, Marseilles, Algiers, Oran, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdam.

Subject To Change Without Notice.

CIE DES MESSAGERIES MARITIMES P.O. Box 59, Hongkong

Queen's Building (gr. floor) Tel. 26651 (3 Ines).

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:.

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

NEXT SAILINGS

M.S. "HULDA MAERSK"

M.S. TREIN MAERSK"

M.S. "PETER MAERSK"

ARRIVALS from U.S.A.

NICOLINE MAERSK”;

M.S. "PETER MAERSK"

M.S.

M.S. "SALLY MAERSK”

Formosan Sugar For Britain

London, Feb. 28. Balti fiovernment re- presentatives

Talpel In have concluded an agro- ment with the Chinese Nationalist Government for the supply of 150,000 ions of Formosan sugar. ofisial circles declaredto- day.

Compétent quarters be Beve that the sugar will be paid for in Sterling and will be used by Britain to make good certain mitments in Southcast

com.

Anta countries.--France- Pressc..

To

Priority

Be Given Vital Raw

Materials

Tokyo, Feb. 28..

The Government will give top priority to the Import of ree vital raw materials from เน Sterling Arg3. reliable tortes said today.

Interocean Lines

TRADE GAP ROYAL INTEROCEAN LINES

Big Deficit In 1951 Revealed

Copra Again Tops The List Of Islands' Exports

New York, Feh, 28.

There was a $63,000,000 gap between Philippine imports and ex- ports during 1951 despite increased production, stringent import controls and E.C.A. aid, figures released by the Secretary of Commerce and Industry revealed today.

Good progress in eliminating the dollar im- balance was made during the first six months of the year when striet import controls prohibited. the importation of all but the most essential pro- ducts, the Secretary, Cornelio Balmaceda said.

During that period the Philippines exported $38,500,000 more than it imported.

Steadily rising prices, which threatened to

the wrock economy, forced the Government to lift the severe Import controls during the last six months of the year, however, and the final. deficit figures were $83,775,274.5. "During the second half of the period, various articles es- sential to the Immediate needs of the country were decontrolled in an effort to lower prices and the cost of living" Mr Belmuzea said.

Im-

"There was also heavy portation of goods necessary to

The Government is working a system under which it will accord preferential treat- ment to the import of crude rubber, hides and fats and

olls.

The Ectural hobalance figure This system, these

sources would be somewhat less if a 17 said, Is part of the Gov

Government

per esnt tax on foreign ex- programme to cope with grow change kales was included. pe-

along Ing Sterling holdings with the foreign currency loan cording to Mr Balmaseda. system recently decided upon

HEAVIEST ITEM

an

Mar.

2

Mar.

16

Apr.

2

In Port

Mar. 17

Mar. 25

For Freight and Further Particulars please apply to:-

AGENTS:

JERSEN

Pedder Building.

Saigon Export Of Oils

of

Saigon, Feb. 28. Large

quantilles peanut oil, coconut oil and lard were exported in the last two mouibs front Saigon, causing prices to drop in Hongkong and to advance in this city.

In January, peanut oll prices in Saigon averaged 1.73 plastres as apainsi 1.30 in December, while cocoanut oil went up fron 0.50

plastres

klia- per to plastres.--

9

#ramme

France-Presse,

The Rubber

& CO.

Tel: Nos. 360G6-9.

FOREIGN

EXCHANGES

Canada

IN NY

England-feind unofficial

30-day -Ay Australia New Zealant

ས

Norway

Spain

New York. Feb. 28.

US$1.00

2.31 Bid/

2.34 asked

futures

2.77% 2.76

2.224

2.78

2.70%

by the Government.

HONGKONG

SHARE

MARKET

(From Our Correspondent)

Business done

Japs Stage Comeback In Whaling

London, Feb. 28.

The Japanese, who were

"VAN HEUTZ-* ; "BOISBKVAIN" "KTHAAT HUENDA“ "TUWANGI

"TIPANAS" "TASMAN"

TIPONDOK"

*THISADANE".

“TJILUVAD.

"BTRAAT

MAKASSAR” “DOISBRYAIN" *ŢJIKANPEK”*

SAILINGS

Mar

Mar. ร ท star. Mar. DIN

atar. 11th

20th

zad

Mar. 14th

Mar. 20th Mar: 201

Mar. 214

Apr. 2nd

VAN BEUTAÝ»

Apr. "STRAAT HORNBA" Apr. 14th "TJILUWAWI"

Apr. 10th

Apr. 17th

Apr. 29th May, "thd

May

2nd

MAKABBAR" "TJIPONJOK"

May

May 1

"TJIWANGI"!

"THRODAS"

"TASMAN" "TJIWANGI"

"ЕТПЛАТ

| "THLUWAI"

**TEGELBENO"

"VAN HUTAZ" "DHIWANDI

"TABMAN" "YJILUWAI"

וד

May 20th

May 25th June 2nd

JARMIL Japani:

singapore. 'Djakarta," Semarang.. Mini Nurabala “d” Macassar" Manila,

Hlugupate

&

Africa

Hingapore, Penang 2 Briawan DeR #jakarta,

1jzebon,

Kurabala & Machinar Ma Slatapore, Mauritius, Tanza, Zan-

zibar Bar-ca-Salaam, H., Africa

Amerles

SemarabE+

Singapore. Djukaria,

Burabula Macassar

Зарап

Manila, Singapore, Marilux.

8. Africa & 8, America · Djakarta, Tilghan, Hemarang,

Hurebala Klackisay

domarang.

Jakarta,

Surabala & Maraisar_

Singaporo, Penang & Belawan Deil Manda, Klagspore, & 9. Africa Singapore, Njakarta, Hemarang.

Nurabala & Alocaisir

jakarta, Tirabon,

Harabala & Macasane

Semaralis.

Singapore, Penang & Belawan' Dall Singapore, 'JAKAFIR, SCAPADE,

Burabola & Stackasag

Manlia, Singapore, Mayriitoj, E. & S. .

Africa & 8, America

jakarta. Tjirebon, Semarank,

Surabala & Macassar

Singapore, Bjakarta, Непигала

rabala & Macaxior

Singapore, Mauritius, E. 9. Atrica & S. America

Manila,

Kingapore, Penang & Belawan Bell Singapore, Mantok.

Djakarta. Somarang, Surahsia & Magassar

From

ARRIVALS

Mar. Ath

Mar. 13th

MAKASSAR"

Mar. 18ca

Apr. Gla

#STRAAT

ruthless hunters of whales, “TASMAN"

before the war, are staging

a big come-back in the

whaling trade.

It was largely the laughter

wrought by the pre-war Japan-

Japan

Macauer, Surabala, Benaras.

Djakarta & Singapore

8. America, E. & N.

Africas

Mauritius, singapore A Mundin, Penang, Delawan Bell, Palembang.

Djakarta Singapore

General Agents,

HOLLAND EAST ASIA LINE

"AAGTEKERK"

Mar.

Eth

Apr.

7th

May

7631

Juna

7th

July

7th

Balis Ilotterdam

Arrives Hongkong-

Halled Jan, sixt

Mar,

star.

5th

Apr. 10th

Apr.

51

Aay

2nd

31ay 281

July

ese fishers which led to the fa- ternational Agreement putting a SAILINGS to EuroFE ceiling on the nmber of whales

*** "HODGKERK" on the Stock allowed to be caught each year.KENDSKERK"

In thei

new drive to securel "KIELDRECHT" the country's development pro-Exchange this morning amount-

Noon quota- as big a share as possible of the ramane These caused a heavy ed to $740,402,50. Increase in imports."

tions and the morning's transac-permissible catch, the Japanese "BLITAR

have sent five whaling factory SAILING FROM EUROPE tions:---

ships to the Antarctic this year. BALES In the 1950-1951 season only two "ABENDSKEEK"

Japanese factories were operat-"KIELBRECHT" "AAGTRKERK" 1000 ing

"BLITAR" Now a message tras come in "COOKERK" from Tokyo saying that two 705 Jupahese fishery companies have caught 821 whales so far the season has been on only just

SHARES BUYERS SELLERS

BANKS

JOC Bank XD 1405 1500

5

INSTANCES

Canton

Union

MK Fire SHIPPING

-Ile did not list what percentage The Government took up the of import costs could be includ- preferential system for serious cd in the 17 per cent figure,

because consideration

Grude though it would not be 17 per rubber,

hides, and fats and oilseen; of the total $03,000,000 be- last year accounted for 60 per cause certain items such as-me--What---- cont of the overall import from dicines are not taxed ite_Sterling „„Area,

These sources indicated that under the system which is soon

The heaviest export item from the Philippines during 1951 was copra, to the value of $155,000,-

to be completed, the Govern-000, or an increase of more than ment would corsider partial $18,000,000 over the preceding exemption of these three ma- year,

823

30

Axa Nay. 11725 120 800deg) 1,7215

:

140

DOCKS, MTC.

N. Pt. What 7 7.20 Deck...... 173 Providen-420 34.40 800 & 14.20

S'hal Dock

2

Whiwick ... 45 48 100 14 455

LAND. ETC,

820

13

base!

FK Hotel 0.20 8.10 1000 Hic Land...

S'hal Land Humphreys Really UTILITIES

Tram

1000

250

00

1.70

14 14 1000 @ 14 2.45

3000 @ 23

1

10 16.20 1800

TH

(0) 53%

Slar Ferry

terlals fream the application. of Other top exports were sugar the recently introducert

ex-$68,500,000, abaca $62,000,000, co- change regulations against the coanut $25,000,000, lumber and Sterling Area, France-Presse.

timber $18,000,000 and motals $16,000,000,

While all of these exports in- creased in volume during the

the value

alue did not increase year,

the en

world proportionately market. Therefere the renu- meration to the Philippines did not increase on the same basis as production went up.

Grain Prices

Irregularly Higher

Chicago, Feb. 28.

・

LEADING IMPORT This can best be illustrated in the case DI tinned

and cocoanut.

pineapple

The leading import item was

With the exception ci malze, colton and manufactures, worth grain futures turned irregularly about $73,000,000, or double the of amount imposted in the p:évious higher on new prospect: export business. Wheat futures year. closed to 1% higher and soybeans 1 higher to % lower. Prices closed as follows:-

Wheat-price per bushel

South Africa

Belgium

Denmark

0195 1435

France

.0028-0/1

West Germuny

Holland

4.20

.2030

Italy

1403

Portugal

.0370

Sweden

0933

Switzerland

2262

MIDDLE EAST

Egypt

2.8812

Spa1

Itana

03125

March

2.3343

Irtu

3.51

May

Turkey

6375

LATIN AMERICA

July

2,5114-14 *2.4316-12

Argentinu

.0723

September December

2.407-13

2.4914

in cents per ib.

Brazil Bolivia Chile Columbia 134-33 Cuba

Mexico 3210-2

Peru 313-32

Uruguay 314-32Venezuela

FAR EAST 3013-14 314-15 India

.0500

Cora

.4025

Spot

March

1,8014

1.70-1.791

1.77!2

Markets

London, Feb. 20, Prices of rubber futures closed

today as follows:-

Number rubber.

March ....

May

June

April/June

July/September

October/December

-United Press. ·

SINGAPORE. MARKET

Pakistan Hongkong

Indonesia

Singapore, Feb, 20. Singapore

Prices of rubber futures closed | Japan

today as follows:-

Number 1 rubber, per lb.

March

Apri

100-100 107-1075

May Number 2 rubber, March.. 1001-107 Number 3 rubber, March.. 104-105

300-1011 Number 4 rubber. March..

Ing.10 31-03 134-130 -United Press.

Spot rubber, unbaled

Black crepe ...

No. 1 pale crepe

Saigon Prices Increase

Saigon, Feb. 28.

May July September December

Rya March

May

300 yen to US$1 --United Press,

Day Of Wide

Fluctuations

In Cotton

عادن

were

Other leading imports iron and steel products, mineral oils, cars and parts, dairy pro- ducts, paper, chemicals and machinery.

2.55% nominal | Of the top 20 import items only three showed a drop during the year. They were texiles, abou:

disotriest | $2,000,0003less,

chinery, the same amount, and tobacco, about $3,000,000 less.

10544 103-1.83%

8044-74 827-1

Marth May New York four-per 200 ib. Sack. $12.50 United Press.

Trying To Meet Requirements

Singapore, Feb. 28.

United Press.

Russian Approach

To Egypt

m8-

Catro, Feb. 20. · Russia has approached Egypt

P. Tram

C. Light (D) 8.70

over a month.

____NO_ LIMIT.

Ола of tha new Japanese Beets Is searching for sperm whales only, and us there is no limit on sperm hun eng this ex- dion will not make much difference to Brain.

are

The other expeditions quite enough to cope with. They could make a substantial dif- ference to the hails of the other nations, as there will be 1300 10.10 fewer whales to go round among

them. 100, 1:13 $20 'yon 8.0.1 1540

8.78 Electric XD 21222.10 15000 zioa

C Light (N) '6.85 0.10 40000

Telephone INDUSTRIALS

Cement

37.20-1755.1500

17.30

Watson XD 24.20

1. Crawford

17.20

Rope STORES, ETC.

Dairy

19.80 201%

#20

5500 a 20

12

1050 6 12

3.10

214% 100 ** 21%

1000 F 3.10

Emporium

COTIONS

Ewo

MISCELLANEOUS Entertainment Yangiszt

LONDON

Competition was flerce in whaling even before the Japan- ere stopped up their effort. Last year the limit to the entch was reached so quickly that the season was the shortest ever.

This

favours the whalers, it will

May 1013

June. th'

4

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

S.S. "NELLORE"

Loading MARCH 3rd for

PORT MORESBY, SYDNEY & MELBOURNE.

For further particulars apply:-

year; the weathe MACKINNON, MACKENZIE & CO. probably be even shorter P. & O. Building, London Express Service.

"BELOW

AVERAGE"

Tokyo, Feb. 28. A spokesman

for Japanese whaling Rects in the

wo

Tel: 27721-4.

NOTICE TO CONSIGNEES NOTICE TO CONSIGNÉES

MARISK LINE m.v. "FETER MAENBK"

m/ "AUTOLYCUS"

Damaged cargo ex this vessel will be surveyed at Holt's Wharf between, 10 .. and Noon on March 3 and

Antarctic today blamed interior having arived from New York and equipment for the "below Ports of call. Constances of Cargo are hereby notified that their goods average" whale cutches this are being landed and placed at their risk and expense into the Hong fleet, Kong & Kowloon Wharf & Godown 4, 1952, and (chignses are requested Muru

Company's godown at Kowloon, according to today's statement, jucare delivery may be obtained as during the survey.

TIN

·

sensor.

The Nischin

MARKET

had caught 708 whales, The soon as the goods are landed. Tonan

Optional cargo will not be landed London, Feb, 23.

Maru flect had caught In the tin, marks! turnover 594. The spokesman said that here, unless notice, has been given 40 hours prior to vassoi'n deriva!. 40 tons, all for forward the fleets of other nations un but carried on from port to part to was positions. Prices closed at the boat-for-boat comparison, had the Bnal part of call to which the end of the official morning averaged 715 whales. The total option extends.

catch by all flects so 13,588.

ression as follows:-

| Spot in, buyers

Spot tin, sellers

Business done al

Three-months tin, buyers Three-months tin, sellers Business, done at Settlement

Exchange

014 D75

לכלים

975

for was

No claims will be admitted after the Goods have lett the Godowns. and all gouds remaining undelivered subject to rent,

All broken. ebat:d, and damaged

are to

be left in Ahme

they where Godownn,

wil! be Goods examined on 5th March, 1932 at 10 by our Surveyora Messrs a.m. Goddard &; Douglas.

nil Reports from the Japanese after the sth March, 1952, will be 174flects said that the weather had teen bad in the whaling areas. 974% Lacking radar equipment for each whale best, the Japanese were unable to operate under stormy: conditions.-Reuler.

-United Press.

Rates

Business was done in the local unoniciat

market exchange

moming at the following rates

with a request for the purchase US, dollar (per 31

or 509,000 kantars (about 21,247 lone tons) of Karnak and othe staple cotton, the world's best.

Last week Hussia concluded a with Egypt barter agreement

Several imperant ladus rics for the exchange at. 500,000

In the United Kingdom are tantars of Ashmount and other making strong efforts to meet short-staple cotton for 200,000,

New York, Feb. 28. Mulayan requirements this year tons of Russian wheat. Collon futures fluctuated over says Mr K. E. MacKenzie, the Russia is reported to be pur-, a wide range today in nervous Tited Kingdom Tizde, Com-suing her efforia ta secure mixed dealings. Reports of missiouer in Malaya. further textile mill closings brought renewed liquidation

Into

by

regular

commercial pact with

In an article in the "Economic Egypt to regulate Soviet-Egypt- Bulletin,"

the fan trade which to date has been published

Mr conducted on a barter basis. Wholesale prices recorded a futures, with losses at one time Singapore Government,

Talks for such a commercial refrigerator cited in January, extending to almost $1 a bale. MacKenzie noticeable Increase

under the the result of higher However,

market chiefly as a.

sub-manufacturing, and the motor pact were inillated

former Wafdie! Government int prices of food products, includ- sequently worked Irregularly industry as the best examples.

considerable short ing rico, beef and pork. Quota higher on

too, have been put off by the new Cement and textiles,

Maher Cabinet Reuter. tions for rubber, firewood and covering by professional traders which have, geen in short sup charcoal, however, declined while

Old crop colton futures turned Ely in 1951 will be in

supply from the United King

shipping

€365

prices of imported products stood firm near the close on short dom and adequate

yarn prices covering and trade demand with for them will also be available,

imported cotton

fell from 12.240 picires per bala offerings scarce, *New crop he said.--Reuter.

inst December to 10,000 pinstres (months lagged on the upturn.

In January.

Futurea closed 31 a bale Rubber exports from Saigon

lower than during the month amounted to higher to 75 cents

the previous closo.

0,743 tons-France-Presse,

JAPANESE BONDS

March

May

London, Feb, 28,

Japanese bonds

"A" (48. of 1809)

00

(5 of 1910)

109

40.00 .00 -30.00 × 9470 July

90.00 30.03 October

30.41 December 36.10 - 22 March

30.10 May

35.92 nominal:

!D" (5% of 1934)||

July prod

35:59 nominal'

*E (3 of 1034);

121

80%

90.

United Props,

**13" (48, ́of 1010)- -

Middling 41.25 nomínal,

|-mAssociated. Prem

Weekly Bank Statement

London, Feb. 28,...,

The Bank of England state

JAPAN RUBBER PRODUCTS

Tokyo, Feb. 28) Japanese, exports of rubber products in January, amounlud to $702.082, according to the Japan Rubber Industry Asso- ciation.

tyres and tuber Car

lat with January

hended the $372,034.

Of the total,

nial. Formosa took 57

mont for the week ending Feb, per cent with $311,288, ranking.

27. reads as follows:

Noles in circulation:

Public depuĮSTARINA

Private depositæ utk

Dovernment scurities

Other securities leeminis

Bank" ratio

top of the importers ist for

€ 1307937.000 4o. successivo months. Other

200.000 countries included Burma with 300.000,0

Lad Preci

8142,191, Thailand $21,185, India $94,108, Korea $33,153, Malaya and Singapore $24,231---France

Cambodian Rubber

Baigon, Feb, 28;'. Cambodia's rubber cutput in 1051 tolalled 15,670 tons, show- ing an increase of 350 tons com- 1637pared with the preceding cor

France-Presso,

this

75

Sterling note per £1)...... Indonesia guilders (per 100).. Slum tieals (per 100) Bingapore (train)

15.47

2.05

20.00

TIC piostres (per 100)

12.00

To

tu tavo their representatives present

BUTTERFIELD & SWIRE,

Agents,

Hangkang. February 201a.

PRESS PHOTOGRAPHS

Coples ,, of photographs

taken by the South China comply with the Morning Post, South China signees must have a Revenue Onlcer Sunday Post-Herald,

tendance when damaged duil-

Bonded Warehouse Regulations con-

Cable goods are examined.

and

China Mail Staff Photo

All claims must beach us before

on view in the 2811 Biarch, 1952, or they will graphers are not be recognised,

the Morning Post Building, No Insurance will be effected, JEBSEN & CO, Agrnis.

Ittong Kong. 1 February, 2052.

ENAY AIRWAYS CO.LTD. [

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