NTEROCEAN ANES
· MARITIMES || France May Be Comparison Of Living RICAN LIMS
M
Arriving Leaving
Agr. 1
"MAPLE HILL."
Ajo *
"MORTAIN"
31.
Apt. Apr 11 May
15 Мде.
Apr ART. 12 May.
* "ZELIDJA"
"LA. MARSEILLAISE"
"BEAUVAIS"
passengers & freight.
*- freight
Outward For
Yokohama Kobie
Homeward For
16 N. Airlea & Europe N. Attica & Europe Marneilles via fanila
2 N., Africa & Europe
for Saigon, Alexandrin,
Genon,
Tunis, Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Bunkirk, Antwerp & Rotterdam.
Subject To Change Without Notes.
CIE DES MESSAGERIES MARITIMES
1.0. Box 53, · Hongkong
Queen's Building (gr. floor) Tel. 26651 (3 lines).
Final Stage In Shell's Refinery Programme In
UK
London, Mar. 12,
The new "eat-cracker" at Stanlow refinery
Given Loan
Paris, Mar, 12. Usually reliable quarters predicted today that France will receive a $100 millon loan from the European Payments Union which will avert a substantial deploy tion of the French gold re- serves,
The Union's toan, likely to be approved at a meet- ing of the Council of the European Economia Co- operation Organisation on Friday, is an alternative, in a proposed Belgian loan to France.
The loan will probably be repayable from July. Reuter,
Japanese Sterling Holdings
Tokyo, Mar. 12, Authoritative Japanese economists 110 optimistic over Japan's ever-itierensing Pound Sterling holdings.
The optimus was expre TA yesterday when high Ministry of International Trade and Industry officials sought the advice 1 Decident Ighira Neto, vine
441
A
Hitotsuboshi University on dv Sterling sitakotiota.."
MITI icals bed consulted preparation
(Cheshire) is now in commercial production, these economists in turning out products at a rate of over one million tons a year.
Built at a cost, including auxiliaries, of £8 million. its completion marks the final stage in Shell's £30 million post-war refinery expansion programme in the UK.
which has fion of major extensions both at This propanene. catuulk het Shell as the largest Staulow and at Shell Haven in andiserumo strato in Britain, cum-Escx
J-
trolling an outjait of Big million. The new catalytic cracking tons year of polcokuna ducts, ba in lifed the conti unit is notoworthy not only no- cauret will increase the supply
adro because it of petrol but marks another stage in the close integration of Shell's nearby chemical plant with the reinery's operations.
Singapore Facing "Peculiar Problems'
""
Singapore, Mar. 12. Increased Malayan prosperity in 1951 has been officially tributed not only to inercased
prices for
at-
Now that the new unit in Die chemical plant production, will be able to increase its out- put of chemical solvents, such as bectone.
Moreover, it will result in the recovery of about 10,000 tons per annum of valuable sulphur by providing the basic material for a sulphur recovery plant that is now hearing completion.
SECOND IN EUROPE
The
Stanlow cal-cracker is
Its chief products Shell's second ሰ Corne into
List also to the continurd ex-operation in Western Europe,
of the entrepot tr.de.
period of in
com untest lon
Protanic sulletin
1
The first was at Rotterdam, which was also the first of its year as building and type to operate in this part of the
world. om. Melal pointed to
A similar unit is to be estetid what it called the peculiar pachat Berre - L'Etang, near Mar- tems of 1902, doing
"We me, however, confident that the men hat. Malaya
seilles, in the South of France.
All three of the-e plants have the same basic design which in- will prove equal to the occasion velves one million man hours of a. they have been in the past," work on the drawing board.--
bulletin London Express Service. Food imports, the stated, show that the standard
Communisi living of
in
09 threatened Malaya proved in this aspect. The in- proved! position is particularly evident in the case of veget- bles, mand condensed milk three important items of the ordiary Malaya diet.
11-
Co-
Noting that Singapore tinues to attract an increased volume of the produce tradie, the report added, however, that there were notable exceptions. it cited copra and pepper but said limited trade
in these items does not affect the over- all position.
Foreign Exchanges
Canadia
In NY
England-ocial
+
WIR
Costs In Western
Countries And Russia
New York.
The cost of feeding the American worker's family may have elimbed by leaps and bounds, but compared to the cost of eating in many foreign lands, according to recent report, it is still a bargain.
It is little indeed compared to what it costs to put a decent meal on Italian or Russian workers' dinner tables.
And that is in terms of the real cost to the working mun-the hours he puts in on the assembly line or at the drill press to earn enough to feed his wife and children.
Some enlightening Information, for a pound of pork chops. The op this subject has been com- average Russian Industrial piled by the Ecunoile Almanar worker, if he were lucky enough from data for selected periods in to find any pork chops at all. 1948-1950 supplied by the U.S. would have to work more than Government's Bureau of Labour ten times as long-five hours and Statistics,
four minutes, to be exact--to get the money to buy them.
The average
Itallen
working mun has to put in two hours of reasonably difficult labour for a Found of pork chops to go with his spaghetti, the French work-
hour
and u Swede 49 minutes,
The The American
ຫາກ works
By pulling in 20 minutes on the job, the average American Factory worker can earn enough
HONGKONG
SHARE
MARKET
1
(From Our Correspondent)
Business done on the Stock Exchange this morning amount- $358,235,00. Noon quota- tions and the morning's trans- notions:-
for an Anglo-Japanese trade ad- justment conference due to open
18. op Mar.
The two economists, it seid, told MITI leials that drs, the £300,000.000 detivit in Bri- tain's
account it international the last fiscal your seems to enly temporary, Continual piling SÚARES BUYERS SELLERS SALES up of Pounds in Japan's rinds. therefore. should_not_cause_tou much anxiety,
Britain is since Secondly seriously intent on balancing its the is international account, not likely to devaluate Sterling. Even if devaluation of Sterling Japanese. Govern- occurs, the ment could bear the losses, if they are around 20 per cent, by considering it as compensation to traders.
Thirdly, approximately US$- 200,000,000 worth of excess ex- ports in Japan's yearly trude with the Sterling Arca does not necessarily call for special adjust- Tent
However, f exports. premiction of imports is natural- ly essential-France-Presse.
U.S. ORDERS
Tokyo, Mur. 12. Government quarters sald that a new series of US special totalling orders procurement US$150,000,000 is likely to be made and that this will help save Japan1
its dollar shortage.
based their These quarters belief on an anouncement by
chief of General C. Marquat,
frem
the SCAP Economic and Scien- tille Sretion, that he had paved way for now $150,000,000 onders by the United Versens States when he visited Washing-
recently.
foll
These Quarters speculated had Marquat that General
including Japan succeeded in among the nations to accept varlous new crders of the US Government under its 1952- 1953 defence budget.
US foreign aid budget now under discussion in the US be Congress will presumably earmarked for procurement in
Japan.-France-Presse. New York. Mar. 13.
unutticial
"One disturbing feature of the entrepot irade," the docu- Australia
New Zealand
ment declared, is the failure South Africa of the Indonesian market
to etum
absorb the greatly Increased Denmark
France quantities of textiles imported West Germany during the year." Associated Holland
Italy Press.
Norway
13331.00-5/10
4.704
In Chicago
Chicago, Mar. 12.
Prices of grain futures closed
-men
half, the
Saigon Rice Supply Situation
STEPS TO DEAL WITH SHORTAGE
→TJISADANE”
STJLUWAII.
#101SHEVAIN"
"STILAAT
MAKASSAR** "TJIKAMPEK"
SAILING B
MAY. FA
!
Mar. 1621
Mar, Bout
ar. 24th
"TJIWANGI"
"EASTWAY"
“TABMAN"
PSTRAAT KOENDA“ Apr,
Mar. 27th 2nd Apr.
Apr. B401 Apr. ชL40
DIN
"TJIBODASTM
Apr. zati
**THLUWAR"
Apr. 1001+
"TEGELDERG" "TASMAN" "THWANGr"
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Apr. 25th
Apr. 2010 Alay Zud
MAKASBAN“ ~TJIPONDOK"
“TJLUWAR"
"TJKAMPEK"
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May ah
May IGUA
1
May th
June Bud
and
"EUYS" **FJIWANGP
"TEGELBERO"
"TJILUWAR?"
"STRAAT
June ALL
June 16th:
To
Ringapore, Mauritios, Tanga, Zabe xibar, “Daç-eu+Nklään, S. Afrien
8. Amerlen Kingapore. Bjakarta, Kematang,
Murakala & Marakkar Mandia, Singapure, Mauriilus,
8. Africa & 8. America
Japait
Djakarta, Tireton, Semarang,
Barabala Macassar Singapore,
Jakarta. BemaTARE.
Burabala & SiacamaRY Singapore, Penang, & Helawan Doll ̧!.
Mania, Singapore, & 8. Africa
Jakarta, 'jlrubon, Semarang.
Surabala & Maraimat Singapore, ujakarta, Semarang,
Surabala Maramar
Japan
Singapore. Penang A Belawan Dell Singapore, Djakarta, Semarang,
Hurubala & Mucassar
Manila, Ningapore, Manrtitus, S. Afrien
B. Aserica
Semarang,
jakart
Treban,
Surahaja Maranar Slogapore, jakarta, Nemarang.
Sürahála & Marasine
Djakarta. PHrevoll, Semarang,
Atrabala & Macassar.
Japan
Singapure, Bakaria. Kemarang.
Surubala & Maraskar
MARIE,
Singapore.
E. & Africa & S. America
Klapaport, Jakarta,
surabala & Mavaskar
ARRIVALS
Mar. 111
MAKASSAR” TJWANGP
r. 20
Apr.
Tih
ape. 13t
"TABMAN"
Saigon, Mar. 12. With rice stocks in the Saigon-Cholon area reported early this week to be still | "THUWAR" Insuficient to meet local and foreign demand, the au- sixthorities are contemplating minutes for a pound of bread, 31 arrangements to enable re- minutes for pound of butter.
tailers to stock up a con- A pound of bread
bread costs the Russion 19
19 minutes of work, end stant supply to meet demand it may be nourishing, wholesome and to keep prices at normal bread-dark, coarse and packed levels. with vitamins and such. But if he wants butter on his bread he has to work six hours and 13 minutes for a pound.
T his wife does her own baking, the American can bring home
a pound of wheat flour for the wages he gets for only four minutes of factory work. A pound of flour costs the Russian worker exactly nine times as Bank XD. I wa... 42..... 1400| much-38 minutes.. INSURANCES
BANKS
140 700
1.70 12
SHIPPING
A Nav
DOCKS, ETC.
K. Who: ... Duck Provident XD 114 Whecinek
... 439 449
LAND ETC.
HK Hotel XD
JIK Land
Rinity
UTILITIES
from XD
Bar Furry
15.40
105 100 4 17.40
17
BREAD CHEAP The Canadian works fuur minutes for a pound of wheat flour, ex minutes for a pound of bread, 39 ́minutes for a pound of 10 butter. The Frenchsman works minutes for a pound of flour, nine minutes for a pound of bread, two hours and 40 minutes 7.15 for a pound of butter; the 62 32066112 Englishman, 7 minutes for a
of bread. The Found of
Italian worker likewise Ands bread and 2500 15.70 Rour relatively cheap, but he has lo put in three hours and three
8.46 | 103 8.46 pound of butter,
73 2000
ni
P Tram (0) 24
112
R.35
2. Light (0) 8.36" 11, 3300 mi minutes of bodily travel for his
200 M 1000 TN 5.00 580
XD 203 27 372 64 20.63 3:200 20%
Coffee is priced in the luxury class in many foreign countries.
Telephena 16 16 2000 INDUSTRIALS
Cement XD 24.20 142 1560
.... 18.50 1997 Hop XD Patry
13.80102 100 2000
Watan XD I.. Crawford MISCELLANEOUS
Yangi....
4.03
Meanwhile, wholesalers have been granted loans by the Government Trade Bureau so
that they can build up adequate stockpiles.
9.
From
America, K.
Mauritius,
Semarang,
Atrica,
Maurities, Singapore & Manila,
Surabala, Nerang.
Miscassar,
Jakarta & Singapore
Penang, Belawan Dell, Palembang,
Jakarta Singapore
nt.ienrar
Sarabala,
Djakarta & Singapore
General Agents,
HOLLAND EAST ASIA LINE
Semarang,
SAILINGS TO EUROPE
"ARENDSKENK"
KIELDRECHT*
Apr. hay
7th
7th
"AAGTEKEBK"
June
7th
"BLITAR"
July
Salli
SAILING FROM EUROPE
Am
"KIELDRECHT"
Salted Mar. sth
Apr. Jath
Apr. May
501
May 10th
Zod
June 7th
May
28th
July
4th
Jalle
2nd
Ang.
"AAGTEKERK"
"ROOGKERK“
SULITAN" The actions of the Government have caused the retail prices of rive to show A slightly cusler tendency.
The price of broken rice-in the local
market has been abnormal this week in relation Broken to that of No. 1 rice.
rice is quoted at 295 plastres per 100 kilos as against only 200 plastres for the first quality pro- duct,
This is due to the fact that while the latter is supplied from provinces nearby, broken rice has to be brought in from more distant places at longer intervals. Te meet orders from abroad it has been found necessary to turn No. 1 rice into broken rice.
MIK
CANCELLATIONS
Rice exports last week in- tons of broken Wcluded 15,000 16 The Amerlenn works 33 minutes rice in shipments to French
14.40
JD
10
The Rubber
Markets
Singapore, Mar, 12. Prices of rubber futures closed
today as follows-
today as follows:- Number 1 rubber, in pence
300 -10
100-107
10414-15
108-109
132 -137
for a pound, which likely as not
Union countries,
especially
is packaged for him in an at French West Africa, 83 tons of tractive, vacuum-sealed air-tight A pound of coffee container.
No. 1 Saigon rice to Port Said
rosis 53 minutes of work in and 2,000 tons of mixed rice to
Indonesia.
Canada, 60 minutes in Britain, 84
minutes Sweden, two hours
the
Cambodia's Phnompenh Ash
and 30 minutes in France. In all market reported that the Italy
price had dropped by 40. pius- cost is four hours and three minutes. The Russian tees per 100 kilos in the past worker would have to toil and few days. The decline was saki have been caused by a stacken- ing of demand from Hongkong end Singapore.
and 34
sweat for 11 hours minutes to earn the price of a pound of coffee.
The Russian would find sugar
Hongkong buyers
"ARENDSKENK“
す
KO CONNA
Arriven Hongkong
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON,, BALTIMORE & PHILADELPHIA VIL SAN FRANCISCO, LOS ANGELES AND PÂNAMA.
NEXT SAILINGS
M.S. "TREIN MAERSK”
"M.S.
"PETER MAERSK"
M.S.
"NICOLINE MAERSK"
Calling Vancouver.
were also
M.S.
"NICOLINE MAERSK”
M.S.
"SALLY MAERSK”
oil. duci
sausages
M.S.
"OLUF MAERSK”
for his coffee another costly item. reported to have cancelled their
cocoanut orders for A pound of sugar in Stalin's
and
empire costs two hours and two CERS minutes of
Chinese
work ut current direct from Phnompenh œc vin Communist wages. The Ameri-Saigon.-France-Presse. can factory worker can earn hls pound of sugar in four minutes.
BATIONING'S EFFECT
A pound of sugar in Italy costs 43 minutes of work. The cost is six minutes in Canada, 25 minutes in France, nine minutes in Britain and Sweden.
Jap Mission In
New Delhi
New Delhi, Mur. 12,
A 12-man Japanese industrial In compiling its Impressive
mission arrived in New Delhi array of figures, the Bureau of
today on a tour which the dele- Labour Statistics emphasised
gation leader, Talzoo Ishizaka, that it was not always possible predicted will lead to a new to compare American
earning
overseas.
M
said
phase of economle co-operationi Prices of rubber futures closed | Power with its exact counterpart between the two countries.
Ishiznica
Japan is For example, the working time prepared to supply India with given for food costs in the US. capital goods for building up is expressed in terms of average industry. He hoped the 35-day carnings of workers in manu-visit of the Japanese here may 314-32facturing industries.
be followed by a similar visit
por h
April
May
Juke
April/Jime
July/September
22
321
297-30
Number 1 rubber, per lb.
April
100 -100
They speculated the part of US$1,010,000,000 the total of
Aluy
Junie
Number
rubber.
Aprill
Humber
rubber,
Aprii
Nunber
rubber.
Apel
Spol rubber, unbaled
Buck crepe
80-22
No. 1 paté crepe
United Press,
1.44 bid/
LONDON MARKET
2,36 asked
30-day futures.
3.701
00-day futures
2.701
Grain
Prices
London, Mar. 12.
2.770
2.202
BIG01
.1455
.0028-0/10
490
2630
.1405
.0370
.0209
Lolay as follow:-
0933
Spa!
MIDDLE EAST
March
Egypt
1.2012
May
In New York
Tran
0315
July
Iraq
2.81
Turkey
15175
December
2,442 2.30 ZABY
LATIN AMERICA
Corn
Argentina
Spot
Brazil
0530
March
$115
May July
4035
September
1032 1.85-4 1.8543-45 1.03-
1.00
November
December
1385
0650
kyo
3050
March
1.74
204
December January (1053)
2003
May
3.99%
Oats
Maril
2050
B074-15
May June
.1750
3015
3270
300 yon to
US$1
Cotton Price
Portugal Spain
Sweden Switzerland
New York, Mar. 12.
Prices of cotton futures closed today as follows:-
Boivia Chile Columbla Cuba
July
10.10
40 42-40.55 30,00
3947-30.00
Mexico Peru Uruguay
Venezuein
India
Spot
•March
May
October
Decanber
March (153)
May
35.34
July
NEW ORLEA
Spát
35.14 old
MARKET 40.00
March
Japan
May
July
28.84
October
December
March 1953)
May
July
33.02 nominat, 35,07 35.67 nominal FAR EAST
Pakistan
Jongkong Indonesia Bingepere
-United Preža.
34.01-36.02
38,00 bid
35.40' bid
35,50 bid
(85,10 bid
-United Pre18.
Seeds And Oils
New York, Mar, 12.
Prices in the seeds and plla
Pakistan Budget market closed today unchanged
exceptions:
Wheat-price per bushel
September
2.352 2.53 2517-22
March May
New York nour,per 200 10. Sack, $12.60-United Prem.
LONDON TIN
MARKET
London, Mar. 12.
The market closed today at
the lower level with turnover tons, of which 20 tons
Betuber/Decembar
* 285-20 United Press.
NEW YORK. MARKET
.
Exactly
comparahle Agures by Indian Industrialists to were not available for all foreign Japan.Associated Press.
Russian figures countries, The apply to workers In- manufactur-
CONSIGNEES PER"
BANNER-WILHELMSEN LINE
ing and in many other industries NOTICE TO CONSIGNEES New York, Mar. 12, Prices of rubber futures closed besides, such as mining and today 100 points higher, Limited transportation. Also, the survey
does spot market offering brought not take into account cuch further covering by recent sellers. Influences as rationing in Britain,
where the individual
Briton Prices closed as follows:
·33.25 bid limited
in the amount of ment 32.30 nomin he can buy in a week.. Prices of 31.02 nominal strictly rationed foods are much is being discharged Jato the Hong- 31.25 nominal
September
October
February
March
Exchange
R.S. TUNGUA"
are hereby, notified that thele cargo
31.00 nominal lower than they would be if kong de Kawicon Whart & Godown 36.75 nominal buying were unrestricted. Co's gedown where it will be
30.50 nomina?
30.00 nominasi Associated Press.
39.50 nomim]
29.00 nominal
-United Press.
Rates
Xuminosa was done in the local unofiletat
market excharge
morning at the following raten: U.S. dollar (par 31) Sterling note (per 21)
This
Indonesia guilders (per 100)
30.00
Blom ticale per 1003
Singapore (Straits).
YIC, plastres (per, 180),
Siam Wants
A Loan
consigrices risks and subject to the Whart's terms and condition of storage, and where delivery may be oblained.
Damaged packages are to be left in the godowns for examination by Consignees and the Company's sur- vayors, Messrs. Goddard & Dourtes at 18 am, on the 12th ninach, 1958.
To comply with the General Bonded, Warehouse" Regulsiloxx, consignees must have a Revenue · Officer m attendance when damaged dutiable
No claims will be admilled after the goods have left the steamer's godown, and all goods remaining un- delivered after the 13th Asarch, 1958, will be subject to rent:
Bangkok, Mar. 12. Major-General Proycon Pra- 6.788 man Mentel,, Deputy Minister goods are examined. $5.00 of Finance, announced
today 2.90
that Thailand would suck, 1.75 Ioan
million totalling 1,000 13-20 ticals (about £22 million) from
the International Bank.
money would used Lendon, Mar. 12. storage and weaving and gunny Japanese bonds
bag factory projects. -7016 MA" (4% OL, 1892),
The
Minister added
that 42. of 1910)
112 ́¡ further loans --would be asked in future for the development
All claims against the steamer must
ith the following fel, F.O.B. only 100 h, Prices, clated at JAPANESE BONDST-electric schemes, cold be presented to the persigned, or
Karachi, May, 12, Pakistan's Budget, to be pre-
Minneapolis 4.18%United rented on Saturday, may im- poso restrictions, according to Press, obsorvers here.
These would be designed to effser recent falls in commodity. prices. It is not considered
likely that dollar
the end of the official morning tersion as follows:
Root tin, buyers ....... DTT
Apol in, anllera.
Fusiness done 24,
New-York, Mor.:12,
Three-months Un, buyer
nt
Three-months tin, sellers
Burner done at
7
Stigment
"13" (59% of 1934)
·PE" ($158, of, 1938) Consol
12516
United Press.
Copra was quoted today expenditure $128 bid per short ton and $130
Baked, United Press.
will be reduced,utor,
they will not be recognised,
ARRIVALS FROM U.S.A.
Mar.. 16 Apr. Ape.
- 2*
16
Mar. 101
Mar.
26
Mar. 27
For Freight and Further Particulars please apply to:-
AGENTS:
JERSEN &
Pedder Building.
་
CO.
Tel: Nos. 36066-9. 1
PENINSULAR
& ORIENTAL
QUIS NOS
STEAM NAVIGATION COMPANY
R.M.S. "CORFU"
SAILS:
NOTICE TO PASSENGERS
BAGGAGE:
FRIDAY, the 14th Murch at 12.00 noon for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and- Port Said.
ALL passengers' haggage must be sent to the Hongkong & Kowloon Wharf Co.'s Godown at NO. 2 GATE, CANTON ROAD ENTRANCE BY NOON on THURSDAY the 13th March, 1952.
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.
No Firm Insuranen will be effected, EMBARKATION: WIII take place on FRIDAY, the 14th
DODWELL & CO, LTIN
Agents,
of iron melting, coal minesongkong, 4th March, 1962,
and all folds. Rester.
March, 1962 between. 9.30 ani, and
11.00 a.m..
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