MESSAGERIES
MARITIMES
M&M
"MAPLE HILL"
Arriving Leaving
"LAKE MICHIGAN" ..Apr. 21
Outward 'For
Apr. 14
Apr. 23
Japan
"LA MARSEILLAISE” Apr, 11 *"BEAUVAIS"
...May ย
Apr. 12
1 May
Homeward For
Marselles via Manila
Europe N. Africa &
+ freight for Saigon, Alexandria, Tunis, Genoa, Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, Rotterdum & all Mediterranean ports via Manila.
Bubject To Change Without Notice.
CIE DES Messageries MARITIMES P.O. Box 58, Hongkong
Queen's Building (gr. floor) Tel. 26651 (3 lines).
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA Vis
SAN FRANCISCO, LOS ANGELES AND PANAMA. ·
NEXT SAILINGS-
M.S.
"NICOLTINE MAERSK"
M.S. "SALLY MAERSK”
MS. "LEXA MAERSK"
M.S.
"LEXA MAERSK”
M.S.
M.S.
ARRIVALS FROM
"LAURA MAERSK"
LEISE MAERSK❞
Apr. 16
May May - 16
2
U.S.A.
18 Apr. Apr. 28 May 18
For Freight and Further Particulars please apply to:-
AGENTS:-
JEBSEN
Pedder Building.
PENINSULAR
& CO.
AQUIS NOS SEPARABI
Tel: Nos. 36OGG-9.
& ORIENTAL
STEAM NAVIGATION COMPANY
R.M.S. "CANTON”
SAILS:
NOTICE TO PASSENGERS
BAGGAGE:
SPECIAL NOTE:
EMBARKATION:
FRIDAY the 11th April at 5.00 p.m. For the UNITED KINGDOM ́ vin Straits, Colombo, Bombay, Aden and Port Said.
ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co.'s Godown at No. 2 GATE, CANTON ROAD ENTRANCE BY NOON on THURSDAY, the 10th April, 1962.
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.
Will take place on Friday the 11th April between 2.80 p.m. and 4.00
p.m.
M.V. “LA MARSEILLAISE”
will sail for
MARSEILLES
.. via
I
MANILA, SAIGON, SINGAPORE,
COLOMBO, DJIBOUTI,
SUEZ & PORT SAID
on
Saturday, the 12th April, at 10 P.M.
Passengers are requested to board the vessel with their cabin baggage on the 12th April between 5 P.M. and P.M.
Baggage Room and Hold Baggage will be registered at Kowloon Godown No. 50 (No. 2 Gate Canton Road, Entrance) on the 11th April between 2 P.M. and 5 P,M. and 12th April from 9 AM. to NOON..
No baggage will be registered after this time.
Compagnie Des Mossageries Maritimes
•
Queen's Building."
Tel: 26651,
THE CHINA MAIL, WEDNESDAY, APRIL 9, 1952,
Sterling Area Price Of
Discussions
London, Apr. 8.
The effects of the recent Import cuts by Common- wealth ecuntries will prob- ably be considered at the
of forthcoming conference Commonwealth franco cists and economia experts.
The Commonwealth representatives are likely to mret'in' London in May to examine the Sterling Area's current problems-Reoler.
Japanese
Mission In India
New Delhi, Apr. 8. The Indian news agency reported that the leader of the 13-man Japanese indus- trial mission to India, Toizo said Ishizaka, yesterday that a definite understand- ing would he reached with India in the matter of trade and commerce.
The understanding might take the shape at a tmde agreement after the signature of the peace treaty with India, He estimated the value of trade between Indis and Japan at £35,000,000 at present.
The Japanese delegate sal thats altogether India sold put proximately £15,000,000 worth of goods per year to Japan, and bought £20,000,000 Worth Of Japanese goods...
Machinery and capital equip ment accounted for 40 per cent of Japanese exports to India,
had Saying that the miselon been deeply impressed during its tour of the country with India's Mr pid Industrial progress, 1hizaka added: "We are in fact very jealous of the abundance
Raw Jute At Royal Interocean Lines
A More Normal Level
BIG SUPPLIES ON HAND
New Delhi, Apr. 8.
Not so long ago, stocks of raw jute in India were sufficient for only two days' consumption. This year, the situation has changed and Indian inills have enough supplies to last two to three months.
The shortage is over and the next harvest In India and Pakistan will be more than sufficient to meet all needs,
BRITAIN REFUSES REQUEST
Rangoon, Apr. 8. Britain has refused to let Burme postpone the repayment of her debt, it was authorita- tively stated here today.
The first instalment, about 18,000,000, rupees out of a total of 356 million, was dite on April 1. but Burma asked for postpone ment six weeks ago.
Britain's reply is said to sug- Hest by implication that Burma is in a position to begin repayment.
The
of
deht represents mostly
the sale the proceeds of stores left by the British army at the time of
dence four ́years ́ogo,
An agreement signed by Mr Clement Attlee as Prime Minis- ter, and the Burmese Premier Nu, stipulated that the debt be paid in 20 equal instalments, interest free.
of Britain's
During the past year, prices of raw-jute, reached their highest figure. Had | those prices been maintain-| erl, a number of Indian; mills would have been j forced to close down. Prices, however, have now return- ed to a more normal level.
The present plans of the Indian Government to Increase jule production will certainly meet with resistanco from the peasants, who have been affected by the decline in prices.
And it is apparent, therefore, that the authorities must con- centrate more on bringing about an improvement in the yield per aero and also in reducing pro- duction costu.
Omelal estimates show that the yield per acres mullet today than it was before the war. It now totals only six bales per 100 acres, which in for too low. Quality must also be improved.
it
factory, the next harvest will | total 5,000,000 bales, but this total will not include Himli jute and Mesta fibre.
PAKISTAN OUTPUT
Production in
Pakistan for
In anticipation
but, considering the high prices approving the request for post-1052/9 cannot yet be estimated ponement, the Burmese Govern-
paid to the peasants, this next ment has not provided for the pa
probably harvest will
not be low n
which reached 7,000,000 beles,
first instalment in the current than last year's, of
year's budget-Reuter.
new machinery and equipment In the plants and factorics. France-Presse.
of
BILL CRITICISED
Tokyo, Apr. 8. The American Chamber Commerce in Japan today went on record as unalterably oppos- ed to n bill pending in the U.S. Senate which, the Cham-- her said, would harm interns- ional trade,
especially and trade with Japan.
The bill, which the Chamber. sald was introduced by Senater
Foreign Exchanges
Canada
In NY
Homer
Capchart (Republican, England Indiana), would tend to restrict
official International trade through unofficial excessive and unreasonable
30-day futures provisions.
The
bill 'would set up a quota syslum whereby Ameri can manufacturers could restrict the import ef foreign goods which compete with them to 50
of the average per cent imported during 1947-49.
Only
exceptions to the quota system, the Chamber sald, would be products no
not produced sufficient quantities in America to meet defence needs.
The Chamber pointed out this quota system would part!- Japan because, cularly harm during the proposed 1947-49 period. Japan exported very dow things because she was not allowed to mass produce many products.
A
of
Dimculties affecting the supply
raw jute to Indian mills, however, are not over as a stricti control is exercised over imports from Pakistan.
Close
with co-operation Pakistan traders is indispensable and it is also necessary to assure among the
that jute
remain
HONGKONG
SHARE
MARKET
(From Our Correspondent)
→IDUDAR "TABMANI”. "TILUWAH”
**TASMAN" *THIWANDI
TIPONDOK ÅSTRAAT
MAKASSAR” *TEOBLBERO"
| “EARTWAY" "TSILUWARD "ALYBY "TASMAN"
TAIKAMPER"
"TJIPANAS" **TJIWANGI"
**TEGELBERG"
PTJIDUDAS"
CHILUWAR*
“TJIWANGI"
--TJITJALENGKA",
"VAN HEUTUZ“ "TJIPAÑAS"
"TJJPONDOK"
"KUYB"
SALKINGS
Aurth
Apr. zzat
Stay 2nd May 20d
Blay
7
May
May DIN
Blay May - Toch
Oth
Juli
Asky
22nd
May 24th MAY 27
Jena 2nd
June
Bih
June 13th
June 16th
July 2nd
July 5th July 740 July Sta
July Eth
July BLN
Juty oth
|"VAN UBUY8Z"
“STRAAT SOENDA" July 11th
Busincys done during this "TILUWAII" morning's cossion of the Stock Exchange amounted to $278,798,"BOISSEVAIN" Noon quotations and the morn- ing's transactions:- SHARES OUTERS BELLENS SALES | "TINUWAN" DANKS
11K Banke East Asia
INSURANCES
Canton Union ... X Fire
SHIPPING
"TASMANI
July JELL
*Thirukost, Kamgbang,
Singapore, Djakaria, Sinarang
e Surabols
Sloxapore, Penang & Delawan Dall Singapore, Pjakarta,
"Butabila ki" Mimesisat
Bjakarta, Thirang.
-Semarang,
( súradnia "a"ALLERIE
·Manila, Kingapore, kikumilus, 8. `Aftlen
8. Anistica
Japan
·Japarı
sisk bore. Újakarta," demarang,
Melurabjih & KÄîncassar
Japan
Djakaila, Tilrebon,
Surabala & DINGASTAT.
pro
Bemarang,
Angapore, Djakarta, Nemarang,
Surabain & Mucasia piabila, Blagapore, Mauritian,
8. Africa & 8. America Djakarta, Tjirobon,
Xeniarang,
surabala M. Macamar Singapore, Djakarta, Bemarang
Surabala & Bacanar
Singapore, bjakarta, Hemarang,
Surabela Alcazar
Japan
Jajan Mantia,
Singapore, Pensar,
E. & 8. Atrics
Djakarta, Tjiteban Genisrange
Surabala & Marmar
Malta, Singapore, Mauriting. 8. Afelem
B. America
Japan
Japan
Singapore. Djakarta, Уголагать,
Surabala & Macassar Japan
ARRIVALS
'July 27th
Apr. 12th
Apr. 16th
1370 1300
140
10 1300
.
"TJIWANGI"
"EASTWAY
Apr. 28th
May
210 925 740
730
145 150
Asla Nav... 1.03 DOC
2:35
K. Whart
JB 81 N.. Wart 4.15 0.00 Dock
Provident Wheelock
19 19.23 1000 m 17 11 112
From
Penang, Beinwan Dell, Palembang. › DJakarta & Singapore Macassar.
Yurabela, Semarang,
Djakarta 4 Kingapore
Singapore, Djakarta,
Semarang,
Birabafa & Macassar Þjakarta, Belawan Deli & Singapore
General Agents,
HOLLAND EAST ASIA LINE
{"KIELDRECHT
-SAILINGS.ITO.EUROER
May
AAUTEKENT" BLITAR
Эрде
位
July
443% 45% 500 * 14.75
"HOOGKERK"
Aus.
Eth
SAILING FROM EUROPE
Sails Rotterdana
Activer Hongkong
7.00 7.00 2000 g 7.45 |
4336
"KIELDRECHT"
Satled Mar. 6th
April
*
(n) (RI) Humphreys .. UTILITIES
Trom
4130
| "AAGTEKERE”
Apr.
Ally
20:11
10.73
"BLITAR”
May
2nd
June
May
Joly Zad
28th
Joly
4th AUX. 7th
15.30 15 3000
LAND, ETC.
HK fotel IK Land
15,10
1020
18.25
15.30
Star Ferry
100
C. Light 10) 0.30 0.56 30064
0.25
300 40
test cas
C. Light (N) 3.25 8.40 Electric 2014 2011 1333 4; 20.25
2000 20.45 200 & 20.35
Telephone INDUSTRIALS
18.75 16
Cement
more important materiais used STORES, ETC. 134 500 mg 13:50 by the world packing industry.
Dairy Wation.
11
21
1000 21
quantity,
(ts) 1.10
1. "Crawford COTTONS
Fwo
2.30
1000 3.40
Except for a small the entire Indian crop of hessiani
Iported.
jule mills have always | MISCELLANEOUS
Yangime 6.30 been a main source of dollars for 2.4451d/2.India. Two years ago, the jute į
asked inlils brought in 54 per cent of
the total dollars received from the United States and Canada. Last year, however, this per- centage was only 20 per cent.
PRICES FIXED
New York, Apr. u.
US$101-21/132
2.503
2.80%
60-day futures
2.10%
Australia
224%
New Zealand
2.00TL
South Africa
241
Belgium
Denmark
France
01081 1455 .ULAN-D/16
West Germany
4.20
Holland
.2038
1405
0370
1045
1035
Iirly
Norway
Portugal
In
Spain
Sweden
Switzerland
Middle East
Egynl
2.8832
fran Irug
2.31
Turkey
AXT5
Latin America
Argentina Brazil Bolivia Chile Colombia Cuba Mexico Foru Uruguay
.0735
0500
0:10
4035
1.00
3155
0670
3500
Venezuela
2005
Far East
India
2100
Pakistan
2030
Bengkong
1750
Indonesia Singapore Japan
2015
5300
-United Press.
The Chamber took
firm stand against the legislation as well as "other farms of
discriminations strictions and ...that tend to restrict inter- national trade...."---Associated Press.
Cotton Price
In
New York
New York, Apr. 8.. Prices of cotton futures closed today as follows:-
42.75 nominal
41.57-41.00
40.60 40.62
37.68
07,34
27.33 nominal 35.00 bid
-United Prasu. NEW ORLEANS MARKET
Spot
Afay
July
October
December
March (1953)
May
July
Spot
July October December March (1933) May July
May
40,04-40,83 37.60-37.70 37.34 bid 37.18 b 30.18-36.00 30.43 hid -United Press,
LONDON TIN
MARKET
London, Apr. 8.
The tin market was steady this morning. Turnover was only 25 tona. Prices closed at the end of the official morning session as followsim
Spot, tin, huyora
Spot in, sefters Hsiness done at
Three months tin, buVOTS Three-inonths tin, salier Hustness doga at Bettlement
There was a greater decrease still in Indian jute exporta to the Argentine, Which is India' second-best customer.
The Rubber Markets
London, Apr. 8. Prices of rubber futures closed today as follows:— Number 1; rubber, in pence
Indian industrialists are now In no position to improve their per 1. own situation since the prices May paid to Indian growers are fixes June
1+
by the Government. Workers' July /S:ptember
Deicber/December Axed by the January/March
sularies are also solaries arc Government,
3144-31
81-21
305-24
2014-1
2012-15
United Press.
SINGAPORE MARKET
"ROOGKERK"
"ARENDSKERK"
1
Tch
BEND LINE
FAST SERVICE TO UNITED KINGDOM AND CONTINENT
BY
S.S. "BENCRUACHAN"
Loading Hongkong 18th and 19th April
DIRECT FOR SINGAPORE
THENCE
HAVRE, LONDON AND HAMBURG.
rubber futuren W.R. LOXLEY & CO., (CHINA) LTD.
Export tax, before the recent reduction, reached 73 per cent of costs. Today, the production considering the cost of the raw material and of production, the sale of hessian now brings no profit
to the Indian mills.
103- European manufacturers have
Yumber 2 rubber, May 101-100 profited from the Indian export Number rubber, May 101 1011
Singapore, Apr. 8. of Prices closed today as follows:- Number 1 rubber, per ib.
∙MAY .....
June
1004-
tax and the pre-war capacity, of Number 4 rubber, May foreign jute mills has been in-not rubber, unhaled .. 110
Blanket crepe ereased. In addition, they are
051-100
110 26 -73 130 135
360 yen to technically in advance of India No. 1 pale crepe -United Press.
and they are using fibres similar to jute,
In the present circumstances, for Indian Jute mills to face foreign competition, they must
NEW
Recovery In counter the threat of the use of today 10 10 25 higher
Wall St.
New York, Apr. 8. Pilcos
rose sharply in Woll Street with steel shares making substantial galas late in the day on hearing of the optimistic note for settlement of the pending steel strike.
With olls and rails leading the way, the let recovered much of yesterday's $860,000,000 1059.
Dealings were 1,000,000 shares, Of 1,072 issues traded, 481 nd- vanced, 306 declined and 285; were unchanged,
YORK MARKET
New York, Apr. 0. Prices of rubber, futures cluse. with aules totalling 61 contracts, paper and cardboard for packing September
34.25-34,30 purposes throughout the world October
33.76 nemia::/ 3329 nemint and regain more independence November
32.80 December from Government controls
January (1933) order to concentrate on foreign bruary markets and especially soft Mare
Apri These policies May Currency Areas,
June will improve the present situa tion.-France-Presse,
York Building.
Tel. 84165 & 38710.
PATTISON ORIENT LINE
32.30 namino!
33.20 jamins?
31.00 somlajt
31,80 nemnal
31.30 naminr]
31.00 nominal
-United Prees.
Apr. 7th.
Higher Trend Exchange Rates
In Grains
Chloago, Apr. 8.
2034 nominal 2313-12 241 24214-5
Ralls were up to 2%. Steels Wheat futures closed today 1 gained 2. Utilities Improved to 1% higher and soybeans 11% radionally. Motors were mixed to 1% higher. Prices of grain
Dow Jones averages at the futures closed as follow- end of the session stood as fol-Wheat-price per bushel
Spot lows: 30 Industrials
203.29 Blay July $2,00 September 40.49 December 170.78 Corn
Spot May July September December -Rya
20 rall
16' utilities
40 bords
060 De1
-United. Pr.
JAPANESE BONDS
London, Apr. 6
Japanese bonda
"A" (4s, of 1809); "B" (45. of 1010) (as. of 1007)
b (5a. of 1934). E (1:1034) Consols
*75
00
United Press..
Pepper Market
New York, Apr. B.
The pepper market was ex- tremely quiet to indicated
Spot moterist" wan nominely at around $1.12 o pound, Stocks awalling, releato and arrivals were quoted at $1,10 bid to $1 a pound. Local re- 0224 sellers, indicated April shipment 120 at between $1,00-$1.07 a pound, May $1.03 and June $1 a pound. -United Press.
117
United Preas.
Business was done In the local
11
this
15.07
market exchange unofficial marning at the following Tales:- US dollar (por $1). Sterling note per Indonesia guilders (per 100) Sjam ticals (per 190) Singapore (Straits)
plattres (per ion)
LIMITED
s.s. "ADELANTO"
Loading From:
12-14 Queen's Road, Central,
Sails For:
DIRECT Pusan Apr. 15th.
Tel. 25846,
CHINESE AGENTS:
303 OVERSEA CHINESE STEAMSHIP CO., LTD.
29.50
1.74
14.00
48, Bonham Strand.. West, Tele. 20127, 81118 & 81119.
Pacific Far East Live Juc..
Fast Regular Trans-Pacific Service
OVERLAND NEW YORK-CHICAGO-ULTROIT-TORONTO MONTREAL AND ALL AMERIČAN * CANADIAN círies Guam, Marinas Islands, Microneálan Islands Regular Service direct or with, transhipment.
1
1.685 nominal
1,044-
183 175)
DIRECT SAN FRANCISCO, LOS. ANDZLIB',
May
July
1.99 1.00
Daty May July
·New York four-her 200′ $13.80,--United Pro
New York, Apr. 0. Copra was quoted", today at $100 per short ton, nominal, Cocoanut, di-: sat quieted, "to- day at 84 cents a pound, asked. *United Press, 2
For
r
VREC-
*VILLIAM LUCKENDACK',
Straits
P. J. LUCKÈNDAÇO“
Ban Francisco
Straits
Arrives
Apr. 12
Apr, 18
May 4
Balla
Apr. 13
Apr. 18
May 6
San Francisco & Los Angeles
Vie Kobe
Ban 'Francisco & Los Angeles Via Robe & Nagoya ku
Singapore. Penang & -Port
Bweltenham F
For full particularu call United Blates Linen Oo, General Agents, Queen's Huildiør, Tel: 28188,
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