1952-05-22 — Page 9

Page

THE CHINA MAIL," THURSDAY, MAY

MESSAGERIES MARITIMES U.S. TARIFF

MAY MOM

?BIR HAKEIM”

Arriving Leaving

.June 20 June 20

Dutward For

Japan

Homeward For

Marulüles via Diantia

.-

*"FELIX ROUNSEL"

.May

LAKE MICHIGAN”.

..June

...May 21 21

0

May May June it

24

N. Africa Europa N. Africa & Eurepa

"BEAUVAIS"

For Tassenger & Freight.

freight for Saigon, Alexandria, Tunis, Genoa, Marseilles, Algiera, Oran, Tangler, Cumblanen, Havre, Dunkirk, Antwerp. Rotterdam & all Mediterranean- ports via Marseilles.

Madagascar by transhipment in Saigon

Subject To Change Without Noties,

or

Djibouti,

CIE DES MESSAGERIES MARITIMES

P.Q. Box 53, Hongkong

Queen's Building (g, fluor)

EVERETT

Tel. 20651 (3 lines).

LINES

EVERETT ORIENT LINE

Fast cargo and passengers service refrigeration. space available for Korea, Japan, China, Philippines, Indo-China, Siam, Malaya and East Coast Indian Ports.

"NOREVERETT".

Arrives May 31 from Singapore, Sails June 1

“REBEVERETT“

for Japan.

Arrives June G from Manila. :/ Saila

June 7 for Singapore, Penang, Calcutta. Rangoon &

EVERETT STAR LINE

Fast cargo and refrigeration apaces available for Korea, Japan, China, Philippines, Indo- China, Siam,Malaya, Ceylon, West Coast Indian and. Persian Gulf Ports.

FIRST CLASS PASSENGER ACCOMMODATION M.S. “STAR BETELGEUSE”

Loading May 25

Sailing

May 26 for

Qanka, Yokohama,

Yawata,

Nagoya

Kobe, &

EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telophono 31206.- Chinesa Department: Telephone 28293.

OFFICES AT

-

- TOKYO.........YOKOHAMA~KOBE-OSAKA

SEOUL PUSAN '

PATTISON ORIENT LINE

+4

LIMITED

5.S. "LAURE PATTISON"

In Port

12-14 Queen's Road, Central

Sails For:

DIRECT Pusan & Kobe May 22nd..

CHINESE AGENTS:

Tel. 25846.

OVERSEA CHINESE STEAMSHIP CO., LTD.

48; Bonham Strand, West, Tels. 26127, 81118 & 81119.

NOTICE TO CONSIGNEES NOTICE TO CONSIGNEES

Consignees per

BARBER-WILAJELMBEN LINE

În. "TITANIA"

Consignees per AUSTRALIA-WEST PACIFIC LINE

m.s. "ANOS“.

1952.

AGITATION

Intensive Campaign Against Imports Government Not Expected To Bow To Demands

Rubber Firms' Request

Kuala Lumpur,

May ED.

Rubber companies in the Federation of Malaya decided

today there wa

no hope of an early rise in the price of rubber

caid they want the trade unionists to disetian new....

lower-wate

and los

Under the present sarcement, ---

computed on thres santes based on the quarterly average price of rubber,

The companies called on the negotiating ornmilice of plantation workers tradis unious today to meet thèm as pogibts" to

· dispuses new rates which will be effective on Juty '1. -Neuter.

As early

HONGKONG

SHARE MARKET

(From Our Correspondent)

Value of business on the Stock Exchange this morning dwindled

Washington, May 21.-

The strongest "Buy American" movement in 20 years has surged up in the United States, with prospects that it will soon reach a climax which could bring a new Increase in tariffs or quotas affecting imports of foreign goods.

The campaign tales the form of dozens of demands piling up in Congress, before the official. Tariff Commission and in Government de partments for higher import duties to protect United States manufac- turers against competition from less expensive foreign products.

More than 25 bills have been introduced in Congress along this line. Sixteen applications are pending before the Tariff Commission and numerous appeals have been made to the Agriculture or Commerce Departments for help in other forms,

imposed The Import quota under the "blue checso" low inst year led to protests from at least KOVAN nations in Europe and Latin America.

The Government is thus going to muke any applicant prove his point when he demanda protec- lion, and this may take him a long time or be dificult.

Government officials are taking The time element, moreover, is favour of the a strong stond for the most part working in against any indiscriminate move Government this year with the and Presidential to raise new barriers against im-Congressional ports and appear to have the elections coming in the months

ahead. upper

That means that. Con- tactically. and hand technically

gressmen generally will want as short session of the ...They are, still following the legislature as possible go tha: basic polley line started by Mr tariff and other bills have less Cordell, Hull in 1934 for gradually chance to pass... lower tarif duties, fewer import restrictions and generally freer international commerce.

"Under this polles, the Unlled 18 years slowly cut States for

little Con- 47

per cent and a of more than great many, duties were alashed Bressional business will be done.

been

then, the adopted by by 75 per cent, which is the no protectionist measures have maximum allowed by the law chances are that they will not Mr Cordell Hull fathered.

come this year. The

counter-allack against this programme has ebbed and flowed all those years but never has it been so widespread os in recent weeks.

CLIMAX IN JUNE

of the present The climax

"American" trend may "Buy

the end of thus come about

ta 880,040. Noon quotations and Import duties by a total average | June, after which

the morning's, transactions SHARES BUYERS BELLERS BALES

DANKS

IX Bank Est Asia

INSURANCES

Union SHIPPING

A06 ̈Nav... DOCKS, ETC.

N. Whirt

хо

Dack

Provident Wheelook LAND, ESĆ.

Hotel

HK Land

UTILITIES

1300

141

750-70 is

14.20

11.20 500 11

WIDE RANGE

If it should succeed in chang- ing the general ten. ncy

of

11

FOREIGN EXCHANGES

IN N.Y.

New York, May 21,

...

Canada England-officiat

Tujai

New Zealand

Franca

Switzerland

US3 1.01-11/16

Roya

"EJIKASPER"

TAIWANGI

*TEGELOSNO”.

***TJĮBOPAS" "EALTWAY" "EJLUWAD"

TABLAN "TJIWANGI"

*nusa"

vterocean LineS

BALLING TO

May 1512/Wgiano, Tjakarja, wilrabom, Bemarangg

Singapore,

Bjakarta, Romerang, Burgbala Macassar

Manila,

Singapore,

8. Aftica & 8. Americz

Djakarta,

Mauriti

Titrebon, Simstang,

Surabals & Macassar

Mirzapora, Penang Belawan Well

singapary, jakarta,

Surabala & SCREE

Потратьт

Bingebors, Penang & Belawan">Deli Singapore bjakarta, a Baddatang.

Burgle & Alacaisne

DJAKKILUSI

Tilrebon, Surabals & Machany Afanila, Singapore,

Bemamagi

Penang

E... Africa

atk poro,

Riauritius,

Яетатан

S. Africa & H."Ameriça

May June

Juna

Juha 10

June June 18

June 13..

July

"TJFONDOK" STJIPANAST

July

7

July

July

#

(NJITIALENOKĄ"

"TJKAMPEK".

July

"EASTWAY "TAVANGE

"THIBODAS"

"TITJALENGKA"

"TJILUWAN"

*TIPONDOK".

**TJIWANGI"*

*BOJASEVAIN"

July 14

55 July July 21 AUL

Japan Bingapore,

Aug. 1.

Aor, 19

Aug, 23

Bapt. E

Яept.

'Djakarta,

Buzabala & Macasant Djakaria, Tiirebon, Remarang,

Bucabala & MADRASOP

Fizikaporn, Penang & Kejawan Deli Djakarta, MERINTADE,

Kingapore,

Kurobala & Maconiar

Tiruban, Burbate Macąskar Mantis, Bingapore,

- Djakarta,

Heinatang,

8. Atries & §. America Bingapore,

Majeltus,

Djakarta, Hemarang, `Burbála & Macassar . Djakarta,

Trehon, . Remarang, Burabain & Stacassar

Aingapore, jakarta, Bemarang,

Gurabila & Macassar •,

Aanll Singapore.

Atauritius, 19.

Africa & 8. Amerlea .

From

ARRIVALS

*TJIKAMPEK” *RUYS"

TJIWANGг"

"TABMAN"

Atay May

N

38

May 31

Japan:

8. America," "0. Africa, Mastrillus,

Bingapore, & Manila

Macassar, Surabala,

Diskurta & Singapore

*Semarang,

Penang, Betawan Deli & Bingapore

General Agents.

HOLLAND EAST ASIA LINE

July

Septe

Arrives Hongkong

2.58 bid

2.69 asked

"30-day futures, ** 90-day futures Australia

2.199

SAILING TO EUROPE

2.70

2.24%

2.705

"AAGTEKENK"

"ULETAR

Bouth Africa

2,804

"ALMKERK"

Juńa

Aug..

Bgizlum

.D180!

"ARENDSKERK”

Deomark

.1433

0028-9/10

Balls

West Germany

4.20

BAILING FROM EUBOPE

TOZATBAN

Holland

+38

Italy

.0010

"BLITAR"

Salled

Apr.

Junto."

Norway Portugāl Spol Sweden

.1405

"ALMKERK"

May

July

.0370

"AZENDBEERE”

July

либ-

0335

"KIELDRECHT

Aug...

Bapt.

.0935

#AAGTEKERK"

Bent.

Oct,

.2330

Middle East.

Egypt

2.80%

Iran Iraq Turkey

03125

2.01

.5376

Latin Americs

0035

.4500

1035

04

1155

.0050

.3850

2005

.2105

.2030

.1780

3015

3200

330 уел

to UBS

United Press.

A new situation could develop next year, however, if the Re- publican Party wins the election. It has traditionally been the Party favouring higher tariff protection and was responsible for the moot-Hawley Act of Argentina

Brazit 1830, which raised the duties on

then Bolivia many products. Since

Chile 40 1390 50% United States polley, which so however, mony of its strong Calerubia

far is doubtful, it would bring the supporters have drown more Cuba Arst general upward swing in internationally minded so that its Mexico duties and quotes since 1930 when return to power

would not Uruguay the 3820 1500 @s

Hawboy-Smoot Terift. Act

Fit necessarily mean the reversal of Venezuela was enacted. That Act was tho the Democratic Party's tariff Far East crest of protection reached by programme. this country over a century.or the It was the penit

rdgramme by "Buy American" programme which is meant strong protec- tion of domerile industries so spid that home products will be in larger amounts,

774

426

---Tram

18:00

C. Light (0)

C. Light (N) 20 Electric

20.00 21 200 ai Telephone 14.80 INDUSTRIALS

13.00

10.00

Comment

Rope STORES. ETCE

Dalry.

COTTONS

Eve

***

The Rubber

Markets

London, May 21. Prices of rubber futures closed today as follows:-

Number 1 rubber, la pence

herb.

July/September

June

Octolar/December January/March

more.

The

obile or resolutions pending in Congress which would restrict imports one way or another,

cover sch commodities

I

Peru

India Pakistan

Mr John Haggerty, new sanghong Director of the Office of Foreign Indonesin Agricultural Relations of the Singaporo Agricultural Department, quez Jenn tinned regarding the apparent grosyth in demand for protective farids against imports of com-

commodities;

Grain In Chicago

Prices

2.4249 nominal

2.301-4.4014 2.30-2.5415

Such a trend stand-

because the able

costs of production here are rising and chinaware, rice, shrimp, tuna farmers who sall goods for fish,

pork, bauxite, cocoanut, export naturally see the problem hooked ryge and some others. from their own standpoint and But the strongest ere bills of look for protection wherever

Chicago, May 21, nature such na they can get it.

Prices of grain futures closed Sweeping measures by Senator. Homer E.

I believe that most today as follows.. "However, (Republican) whe United State?

Wheat price per bushe! agricultural Capchart

Spet of what proposes to alash by 50 per cent

May imports containing any materials Producers, regardless

crops they produce, realise that

July now under allocation priority in

with all other groups in the September 2- this country, if substantiui complex American economy, they ember

of U:9ndustry asks must shoulder their share of the CORN portion for

public burden in defending the Spoi Another bit proposes this U.3. economy as a whole and in stay

who exporter

July pas backing up our foreign policy." bonented from the multiple | The Agriculture Department September December rates shall be exchange

to tried give farmers a fall deal RYF considered as having received but also shared tite responsibility May Subaidy from his government and be

Bubject to countervailing

-United Pro SINGAPORE MARKET

Singapore, May 21. Prices of rubber futures closed today as follows:-

Number 1 rubber, per. ib.

June

July

BJ+84? BI-E

01-02

August Y Number rubber, June Number 3 rubber. June Number 4 rubber, June Spal rubber, unbated Blanket ciepe ... No. 1 ale crepa

704-3 71478 B+-2412 61-04 107-112

United Press,

duties in this country.

-

March

of the State Department in sup- July porting the broad national in- OATS terests, Mr Haggerty sald.

"A

1930

May July

Act

New York hour per

2.30%

2.40%.

A.COS

1.52

1.0335- 7.004%

1.701%

1.0442-1.9334 1.0714-1.01

75-744 77%-143

200 tb, Back... 12.20 nominal

alted Press,

JAPANESE BONDS

The products which would be restricted by applications pending triff basis of the 100 Tertio net at the Thrift Commission include would be disastrous, We vapid watches and parts, motorcycles,

Plus | in that event

allemme. face 4 #anic. cheese, clothes pins, We would have to give heavy

omen's furs, hots and come

subsidies tq the Western other hatlars materials, wood

European countries or they sarews, candied chorries, tobacco, would turn to Russia as the way pipes and bowls, china table and out, The. United States requires kitchen ware, kitchen utensils,

substantial export margin and we have to consider the world situation in the light of the purchasing capaoily of other. Consols countries."-United Press.

Exchange Rates dried gs, chalk or whiting."

Business was done in the local

market exchange unonical

this

THE CAUSES

of the The causes

"Buy American" surge are believed to be: 15.50

inorning at the following ratos:

-0.05 U.S. dollar (por

Sterling note (per 1) ...... Indonesia guilders (per 100)

Blam ticals (per 100)

Gingapore (Stralia)

FIC plastres (per 100)

3.10

1. Reduced industrial profits 31.00 as a result of higher costs of

1.70

wages, materials and, bbove all 12.025

taxes, which reached a basic rate of 52 per cent.

2. Difficulties in buying raw.

NOTICE TO CONSIGNEES materials, many of which were

Comalgaçes per "BENDORAN”

allocated for rearmament while some foreign competitors are not 50 restricted in obtaining materiala, and..

3. Increased competition from Industries abroad.

ore hereby nouded that their cargo it being alzcharged into the Hone kong & Kowloon Wharf & Godown Co.'s godowns, where will be at subject to Consignes risk and the Wharf's terms and cundition storage, and where delivery may be

Damaged packages are to be left posals.

1

The demand for higher tariffs has been strong enough to cousa Great Britain and Italy to lodge a format protest against the pro

The State Department

sro hereby notined that their cargo are hereby noted that their carxo being discharged into tie Hong-is being discharged into the long kong & Kowloon Whard By Godown Kong & Kowloon Wharf & Godown obtained: Co's godown where it will be at Co's rodown where it will be af curtices risk and subject to the consignees risk and subject to the Wharf's tones and condition of sier Wharf terms and condition of slots in the Godowns for Kaminsion by promptly made known that it ege and where delivery may be age and where delivery may be Conelgeer and the company sur opposes any Indiscriminate or p5stard

Chike, at 10, 24 May, 1932. Wholesale upward movement of duties an quotas and will work

obtained,

...

Damaged packages, are to be dell Damaged packager « to be left In the godown for examination by in the godowna for examination by Consignee and the Company air- Consignees and the Company's sure Clarks "Carmichael de: veyors, Kesars, Goddard & Douglas at www. Mos e eird say, 1937.

12... H 1a.m. pn the 13rd day, 1952.

To comply with the General Bond. To comply with ilie: General Bond- ad Vafoliouise feruatione, consignees ed Warehouse Regulations, contigio

Bavenue officer in must have a Revenue Omeer in must have. A attendance when damaged dulable attendance when damaged dutiabum

goode are examined. Koods are examined.

To claim will be admitted ter No claims will be admitted after the goods

Jort the stea:ber's the Rood have left the steamer's

semesking godown, and all Foods Rodown, 07

remainlog

or May, 13 Undelivered after the 1th May, 1935,

wil be subjcel is rent.

All claima agolási dhe steamer miki bo presented to the Undersigned on

refore the 31st May, 1957, ur whi mat he recognised,

they

11, No Flea Ingurança will be oftegic#:* DODWELL & CO., LTD. PANNTE MAN Agents, 57

will be subject to read.

All claims against the steamer

bo presented in the Undersigned' on

or before, the 1st MAY, 1954, 02 they

will not be recognised.de No Flip Insurance will be effeoled. DODHEIM & CO., EXD;'

Agents

To comply with the Gentralto maintain the present policy Bonded Warehouse Regulation Consignees must have a Reveque against them. Omoer in attendance when, damaged cutible goods are examined.

No claims will be admitted after. NOTICE TO CONSIGNEES

the goods have left the water's godowns, and all gooda remsinix undelivered after the 26th 3*** 1902, will be subject to rent,

All claims against the esmor must be presented to the under- signed an of before the oth ins6, 1957, dr they will not be recognized,

No Fire'

be affected. W.BLOKLET & CO., (CHINA) LTD.

- Ben King Steamers, Vidēj Hongkong. 20 May, 1953

CF. "PYRBDUE".

Damaged cargo,ox tila vental will be surveyed "p3, Hohl's". Wharf tie- tween Is, sin, and ppen on "May,' 24 and 25 1952, and cons nees are ro quarted to haya; their representa- tives présent during tie-suSTRY.

BUTIREFIELDS ENTRE,

Itongkong. May, 22, 1664.

ม

London, May 21.

"A" (45. of 1800) "') (4s. of 1910) "C(5s. of 1007) "D" (59..of 1934) "E" (51⁄2s. of 1034)

-United Press.

Japanese bonds,

02 10134

.581&

BENN LINE

THE FARTIST

FAST SERVICE

TO UNITED KINGDOM AND CONTINENT

"BENMACDHVI“

Loading Hongkong 27th and 28th May

DIRECT TO SINGAPORE THENCE

HAVRE, LONDON AND ANTWERP.

MAERSK LINE

FAST FORTNIGHTLY SERVICE TOPI

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA, NEXT SAILINGS

M.S. "LAURA MAERSK" M.S. "LEISE MAERSK" M.S. "GRETE MAERSK❞

ARRIVALS FROM U.S.A.

M.S, "GRETE · MAERSK” M.S. OLGA MAERSK” M.S.

"JEPPESEN MAERSK"

2 June June 17 July

June 7

Jutie 17

June 20

For Freight and Further, Particulars please, apply to:-

AGENTS:

JEESEN & CO.

Fodder Building.

Tel: Nos. 30066-9,

M/V FELIX ROUSSEL

Will sail for MARSEILLES

via.

MANILA, SAIGON, SINGAPORE, COLOMBO, DJIBOUTI, SUEZ

PORT SAID.

on

Friday May 23rd, 1952, at 10 p.m. Passengers are requested to board the vessel with their cabin baggage on the 23rd May between 5 and 9 p.m. Baggage Room and Hold Baggage will be registered at Kowloon Godown No. 50 (No. 2 Gate, Canton Road ontrance) on the 22nd May between 3 and 6 p.m, and on the 23rd May between 9 am, and Noon,

No baggage will be registered after the times in- dicated above.

COMPAGNIE DES MESSAGERIES MARITIMES Queen's Building,

BUSINESS REGULATION ORDINANCE

1952

Coples of the prescribed St.

R. LOXLEY & CO., (CHINA) LTD. |_

York Building.

Tel. 81165 & 38710.

Forms (a) 1(b) and;1(c)

"Now On Sale at

SCM. Post, Ltd. Hongkong and Kowloon TEN, CENTS EACH

Tel: 266514

John Ambulance

Brigado

Free Ambulanco: Service - for Emprgency Accident: Cases Tel. Hong Kong 35035 Tel, Kowloon

52222