1952-04-10 — Page 9

MESSAGERIES

MARITIMES

MOM

Arriving Leaving

Apr. 14

"MAPLE HILL" "LAKE MICHIGAN” ..... May

4 May 1

"LA MARSEILLAISE" Apr. 11 "BEAUVAIS”

***May is "LAKE MICHIGAN” .... Zune

Delward For

Japan

Homeward For Apr. 12 Marandžios vis Mantis

2. Africa & Europa MAY

June 1

3 N. Africa & Europe

Genon,

† freight for Saigon, Alexandria, Tunis,

Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, Rotterdum & all Mediterranean porta via Manila.

Subject 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, BALTBIURE & PAMANDERPHITE

SAN FRANCISCO, LOS ANGELES AND PANAMA,

M.S.

NEXT SAILINGS

M.S. "SALLY MAERSK"

"NICOLINE MAERSK”

M.S. "LEXA MAERSK"

M.S. "LEXA MAERSK"

ARRIVALS FROM

M.S. "LAURA MAERSK" M.S. "LEISE MAERSK"

THE CHINA MAIL, THURSDAY, APRIL 10, 1952.

Decline In Teal World Consumption Of Royal Interocean Lines

Price In Ceylon

Colombo, Apr. 0.

A crash of prices in the tea market disturbed pro- ducers of low-grade teas for the current prices, they olafm, are below, cost of production.

They are pressing the Government to lower the which standa export tax this week al' 35 Ceyloneso vents per pound. The only other hope is an increase In the British tea ration which may come any day, -Unlied Press

Malayan Textile Quotas

Singapore, Apr. 9. Because the Chambers of

Commerce in the Malayan Federation and Singapore cannot agree, the Govern- ments of the two territories are awaiting Colonial Office instructions on the Malayan quoia for textile trade witht Japan for this year.

They

are also waiting for fuller detail: On the latest Anglo-Japanese Sterling trade LASTeement

In line with the Stériina Area economy drive, the two Governments announced in Marek that textile Imports from Japan in

1852

be woul restricted to the 1951 level. This S$100,000,000 for Singapore. The Chinese

Indion Chambers

of Commerce វN Singapore

favour generally this while the Singapore Chamber of Commerce does not.

Apr.

17

May

2

Was

May 17

U.S.A.

Apr. 18

Apr. 28

May 18

For Freight and Further Particulars please apply to:--

AGENTS:

JEBSEN & CO.

Pedder Building.

PENINSULAR

AQUIS NOS

HOS SEPARABIT

Tel; Nos. 36066-9.

& ORIENTAL

STEAM NAVIGATION COMPANY

R.M.S. "CANTON"

SAILS:

NOTICE TO PASSENGERS

BAGGAGE:

FRIDAY the 11th April at 5.00 p.m. for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port Said.

•

ALL passengers baggage must be sent to the Hongkong & Kowloon Whart Co.'s Godown at No. 2 GATE, CANTON ROAD ENTRANCE BY NOON on THURSDAY, the 10th April, 1952.

4

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.

EMBARKATION: 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

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 PM. and 9 P.M.

Baggage Room and Hold Baggage will be registered

and

The Singapore Charaber wants much smaller quota, mainly because of the rapidly "dropping re-export-trade-with

Indonesia.

Certain traders fear that in- poets of Japanese textiles on the 1051 level might force them to sell at "clow the line" prices until trade with Indonesin improves.

The Singapore Chamber wants the 1948 or 1949 level of trade with Japan, when textiles Country Imported from that amounted to only a little more both than S$200,000,000 for Singapore and the Federation,

The Federation has very ite re-export trade with neighbour- Ing countries. The Chambers of Commerce there want a much smaller quota than that fixed in March. Reuter.

New Bank Loan For Australia?

Washington, Apr. 9. Authoritative Sources said Inter- that Australia and the national Bank ure expected to conclude another toan agree- ment in the near future.

Australia vreceived a loan of from the World $100,000,000

This was car- Bank in 1950.

a large marked for industrial develop ment and included amount of earth-moving equip ment.

The amount of the new logh, also for industrial development, has not yet been determined. However, it is expected to be about the same as the first loan. Eugene Binck, President of the World Bank,

recently visited Australia to discuss that A country's financial needs.

sili two-man Bank mission is in Australia, assessing further capital needs of that country. When they return, a final de- the amount of termination on the next loan will be reached.- United Press.

Mr

Cotton Price

In New York

Sugar Expected To Increase During 1952

Return To Pre-War

Conditions Likely

Paris, Apr. 9.

CONTROL

OF CAR IMPORTS

World production of sugar in 1950/51 beat all previous records. Four million tons more than in the previous year were produced and 1950/51ment announced today that it production was higher by 6,000,000 tons than pre vehicle imports from the United war levels.

The market, however, fluctuated considerably. Top price in Cuba was 8.05 cents a pound and the lowest 4.70 cents.

The fact that the world easily absorbed this 4,000,000-ton surplus creates optimism over future trends of consumption.

HONGKONG SHARE MARKET

*таторач

TASMAN" STIILUWAU"

TOTASMAN "TJIWANGI"

PEJIONDOK"

"TEGELBERG' "STRAAT

MAKAIBAR"

"EASTWAY" "TJILUWAE"

"ROVER "TASMAN" *TJIKAMPER"

"TJIWANGI"

"TZIFANAS" *TEGELBERG"

"THIBODAS"

BAILINGS

APT. (Ith

Apr. 120k Apr. Leth

May 2nd MAY Ind

May 7001

ten

Gjirehén,

. Scchiaia di Stacamar Јаран

Djakarta,

Singapore,

Nurahala natur

„Semarang,

Ringapura, Pamane - Belyan bell

Burabija STHORISA/

Sponakkur,

Djakarta, Tirehun, Bendangə

Surubala & FINCAMA

Japan

Mantia, Singapors, Mauritius, 8, Africa

RES

bjakarta, Semarang,

·Surabad "Macassar

"

Tilrabat

Buraħala & Macassar.

Semara

Singapore, Djakarta, Semarang,

Surabala & "Macassar

Зарав READER,

Singapore,

Mauritius,

B. Africa & 8. America

Djakarta, Tirebon,

Suradala & Macassar

Semantang.

Blogmpare. Djakaria, Sentarang,

May

3th

DI

May May 16th

10th

singapore,

Muy

20

24th May 27th

Jaran

D'Jakarta,

June

Zad

Juna

Al

4020

June 12th

"TRILUWAR*

"TIWANGI“

June 18th

"Murskala & Macassar

"TIITJALENOKA”

July, Zad

July July 10

Singapore. Djakarta.

Senifrabe.

Burabila & Asenwar

Cth

Japan

Jajan

July

July

July 8th

July "STRAAT SOENDA" July 11th "THLUWAHP""

July 19th

July 28th

ARRIVALS

"VAN BEUTSZ" "TJIPANAS"

"TJIPONDOK"

Wellington, Apr, R. Th10 New Zealand Govern-

will tighten its control of motor

Kingdom this year to help prom serve Sterling funds.

No licences will be granted "VAN BEUTSZ" " to importers from North Amer)-

ca.

"RUYS"

The Acting Minister in charge "BOISSEVAIN" of import licensing Mr Keith Holyoke, said that the Govern- ment has decided that no im-

port licences will be granted except in very special circums- tances.

But licences necessary

shipments by

COVET

to listed

The next Cuban harvest may

to well reach close

6,500,000 tons. If this happens, the avail- able surplus in 1952 for the vessels leaving for Britain up free market alone will be 300,-

to April 30 will not be affected. 000 tons

higher than in 1951,

Licences for other classes of which cise supplies for Veteres would be determine free niarket will be

03 much

by the Board of Trade after in- as before the war when sup-

dividual examination of the im- plies for the free market reach-porters' requirements. cd 3,000,000 tons a year.

"TABMAN"

“TJLUWAB”

"TIWANOP"

"EASTWAY"

Apr. 10th Apr. 28th

May

10th

alamita, Singapore. Pebanc,

E. &

B. Africa

Jakarta, Throup". Hemarang.

Surabala Macassar

Manila, Singapore, Mauritius, &. Alden

8. America Зарад

Singapore, Djakarta,

Surabala & Macassar Japan

From

Semarang,

Penang. Belawan Dell, Palentang,

Djakarta & Singapore

Macassar. Gurapia,

Djakarte Singapore

Semarang,

Singapore, Djakarta, Semarang,

Surabala & Alcantar Djakarta, Belawan Dell & Singapore

General Agents,

HOLLAND EAST ASIA LINE.

KIELDRECHT" "AAGTEKERK? "BLITAR

HOOGKEEK"

+

BAILINGS TO EUROPE

May

8121

Jana

July

Zub

Ass.

7th

Bails Rotterdam

Arrives Bongkona

Salted Mar,

stb

April

121

Apr.

J

May

14

MAY

Ind

Jnne!

7th

SLAY

21th

July

July zod

AUK..

SAILING FROM EURÓPE

Mr Holyoake said that if con- ̈ trol on the import of British not been imposed it cars had would have seriously depleted our London balances and would have involved the imposition of

"KIELDRECHT" greater exchange restrictions "AAGTERERE" under the procedure recently Bank." adopted by the Reserve -Reuter of

It is stui difcult to see how this quantity will be absorbed (From Our Correspondent) but production of sugar would

still be increused.

further if done during Business

this low consumer countries gain morning's session of the Stack the means to pay for

the Exchange amounted to $227,"sugar they need. 451,50 Noon quotations and the morning's transactions:-

The low consumption. sugar in the United Kingdom --SHARES – NUVERB, SELLENS – BALES In-noteworthy in view of the

BANKS

1K Bank East Asia

INSURANCES

Canton Union

MK Fire

DOCKS, ETC.

K. Wharf XD

1320

250

20

145 160

N. PL. Whart

Α1 ZA

6,00 19.30

630 N 10

Provident

Wheelock

MINING

Roub

LAND, ETC.

it

fact that, before the war, war: one of the largest consu- mersk-T

The international situation 734 plays a large part in the pro-

KTUSS of the

market. sugar Grave changes in the interna- tional situation from one day to another may replace abundant supplies of the pre- Sugar 4 800 @ 44% sent by shortages, and

the world dealers thoughout are not desirous of hanging on

to large stocks.

11K liotet XO 7.00 77

Humphreys.

UTILITIES

Trom XD 15.40

P. Tram (0)

2000

HARVEST PROSPECTS

The Rubber

Markets

London, Apr. 9.

the

Prices of rubber futures closed today as follows: Number 1 rubber,

in penne ner Jb. May

July

32-821

July/September,

The next harvest of beet and

600 @ 15.40 sugar cane will affect future 16.30 tendencies in the market and the beet harvest in Europe 15 expected to be only about 8.13 600 5.20 200,000 tons lower than year.

25

Tram (N) 125

Star Ferry XD

100

C. Light

(0) XD...

IN) XD

0.20 515 Eetrie XD 201

1600

Tarphone XD 141⁄2 144 3000 * 18.00 INDUSTRIALS

Cement XD. 13.43 Rope XD... 10%

STORES, ETC.

Dairy X

.. 18.20 16

Wallet Wation (R).

Crawford 32

น

COTTONS

Ewo

2.30

14

Foreign Exchanges In NY

October/December

January/March

3112-1

29-2014

30-50%

United Press.

SINGAPORE MARKET

Singapore, Apr. 5.

Prices of rubber futures closed

last

today as follows-

Number 1 rubber,

per lb. May

11014-1

June

10014-1

cane

July

May

Number 2 rubber,

1064-42

[tłumber 3 rubber,

Moya

105-1051

101-10515

ケセック

sugar In Cuba, the harvest is expected to he about 500,000 tons higher than

Jast year and increases are also ex-

Dominica, pected in

Mexico Number 4 rubber,

and Brazil. But increased con- Spot, rubber, unbaled ́.. sumption in these three coun- Blanket crept tries will not leave any heavy No. 1 pale crepe 1.60 surplus for exports.

New York, Apr. 9.

US$ 1.02

Canada England-offcial

undcla!

30-day futures ..

2.44 bi

The Philippines are about to

i reach pre-war production levels but because of typhoons there has been a loss of 90,000 tons.

Puerto Rico also expects

a

large increase but it will only be felt in two years' time,

In Australia and South Afri-

has ca, bad weather

caused heavy damage to the crop.

138-133

United Pres.

Grain Prices

In Chicago

Chicago, Apr. 8. Prices of grain futures closed today as follows:-

Wheat-brites per bushel

Indonesia and Formosa have only achieved small progress | July In the past year.

2

2.40%

2.4312

Spot May September

December

HARD TO PREDICT

Com

Spot

2.0074

May

It is extremoly

difficult to July

2.47 asked

make any accurate prediction

September

2.80 2.7BY

December

2.2014

2.80%

in July

data

2.31

the sugar market.

May

0128

July

.1435

France

.D028-0/10

But following the general in-

New York four per 200 th. Sack.

West Germany

Ifolland Italy

4.20

.2038

.1405

50-day futures

Australia

New Zealand South Africa

Belgium

Denmark

Norway

Portugal Spain

Sweden Switzerland

on the basis of this informa tion since artificial means are May used to cause fluctuations

crease in production costs, it $18.60 nomiral-Untied Press. can be calculated that the floor

2.0016-16 1,97%

02-627

price will fluctuate around 4.50 LONDON TIN

cente Cuba.

༔

The present average of 5.70

conts is considered to-be ad-

vantageous to the market

but

this does not mean that it will

MARKET

London, Apr. 1.

The steady this morning. Turnover

Un market was very

Indication was 40 tons, including five tons

that prices will fall below 50 for cash, Prices closed. at the cents it the demand proves to end of the official morning bo insumclent.

session as follows:- Epot tin, buyers Cuban Government controls Spot in, sellers make it possible to regulate Business done at.......

Three-mantha Uk. buyers supplies on the world. mar-Three-months in. Anders

Burinoce done at Bettlement

Middle East

Erypt Iran Iraq

2.0894

be maintained.

Turkey

.03125 2.61

.6375

Nor is there any

Now York, Apr. D. Cotton prices softened in late trading today following a firm lart. Prices close up 10 10 off seven points.

Latin America

Argentina Brazil

alivia Chile

0733

.0600

.0270

May

11.05

Colombia

.4003

July

40.20

ket

October

37.70

1155

December

27.32

March (1003) May

37.03

3500

30.83 nominat

'Fair East

.1100

2030

1750

1300

30.23 bid -United Presa. NEW ORLEANS MARKET Бров

May

Detober December

41.05 $147-41,69

37.33 wunited, Press.

New York, Apr. 0

at Kowloon Godown No. 50 (No. 2 Gate Canton Road, NY Popper Market Entrance) on the 11th April between 2. P.M. and 5. P.M. and 12th April from 9 AM to NOON.

No baggago will be registered after, this time.

Compagnio Des Messagories Maritimes Queen's Building.

Tél: 26051

น

In the black pepper mare,

ket sellers, ranze for spòt mate-

rial was $1.08 to $2.10 pound

I

Cuba Mexico Peru Uruguay Venezuela

India' Pakistan

Hongkong Indonesia Singapore Japan

300 yen

to US$

United Prem

Indo-China is now recognised

as among the main exporters

in 1951.

-United Pre

D1%

This country, his, a great in New York Stock

torest In the market as it is now trying to build up a sur-

there plus. Any fluctuations, fore, will affect Indo-China's position in the trade, Franco, Presse.

Exchange Rates JAPANESE BONDS

"

Business, was done in the local Unofficial exchange market this Japanere breids

'A"'. (M. ‚DE....1809)

bma ellouts 61.00 to $1.07 On morning at the following raids shipment positions, local re-.3, dolter, (per 1)

sellors indicated April at #1.04,

May $1.01 and June 98 cents pound, full on on ex-dock baslik

„Unilód "Presnian

Sterling note iper: £1)

Indonesia, guliders (per 100) samticals (per 105) singapore (straits) ric plastres (per: 100)

6.51

(Apr. 9.)

サラ

'DE. 2010)

17

of 2034

174 Cons

Exchange

Now York, Apr, 0, Stock exchange prices as whole moved fractionally lower with the exception of some olls which rose, charply.

Dealings we 880,000 shares, the lowest since February 15. Of 1,652 jesung

and. declined

vanced, 972 de uded, 381

ed-

200

"ULITAB" "HOOGKERK"

"ARENDSKERK"

BENK 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.

W.R. LOXLEY & CO., (CHINA) LTD.

York Building.

Tel. 34165 & 38710...

PATTISON ORIENT LINE

LIMITED

s.s. "ADELANTO”

Loading From: Apr. 7th,

12-14 Queen's Road, Central.

-Sails For: DIRECT Pusan Apr. 15th,

CHINESE AGENTS:

25846.

OVERSEA CHINESE STEAMSHIP CO., LTD.

48, Bonham. Strand, West, Tele. 26127, 81118 & 81119,"

ESSENTIAL SUPPLY CERTIFICATE DECLARATIONS

Forms 3, 4 & 5 as amended by the

Government of Hong Kong

· NOW ON SALE

at

were unchanged. Stoels were SOUTH CHINA MORNING POST LTD..

fractionally lower, Some high-

35 pelcod olle were up to save"

points higher. Utilities moved

Hartowly United Press.

Hong Kong & Kowloon,

These amended forms are now in force,