1952-05-23 — Page 9

Page

MESSAGERIES

M

"HARELİ”

MARITIMES|| Paying

M

Arriving Leaving audititward - For

20

June 20

Зарад

Ia Fort *FELIX RÖDSELL”

May 3 Muraotiina Via Mašila BEAUVAIS"

May 2 N, Africa & Europe, May 24 LAKE MICHIGAN" .June 9. Jona, 11 'N. 'Athen & Europe

For Passenger & Freight. ADOPT

freight for Saigon, Alexandria, Tunis, Genon, Marseilles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, Rotterdam & all Mediterranean ports vin Margailles.

Madagascar by transhipment in Saigon or Djiboutis

subjici To Change Without Notice,

CIE DES MESSAGERIES MARITIMES P.O. Box 58, Hongkong Queen's Building (gr. floor)

EVERETT

Tel: 26651 (8 lines).

LINES

EVERETT ORIENT LINE-

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

✰ "NOREVERETT”-

Arrives May 29 from Singapore. Sails May 30 for Japan..

"REBEVERETT”

Arrives Juna Sails

6 from Manila.

June 7 for Singapore, Penang, Rangoon & Calcutta.

EVERETT STAR LINE

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

FIRST CLASS PASSENGER ACCOMMODATION M.S. "STAR BETELGEUSE"

Loading May 25

Salling

May 26 for

Yawata, Osaka, Nagoya Yokohama.

Kobe,

&

The

́ØVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telephona 31206, Chinpro Department: Telephonó 28293.

OFFICES AT

TOKYO-YOKOHAMA~-KOBE-OSAKA SEOUL-PUSAN

PATTISON ORIENT LINE.

LIMITED

S.5. “LAÚRE PATTISON”

Irt Port

12-14 Queen'a Road, Central

Salls For:

DIRECT Pugan

& Kobe May 20th.

Tel. 25840.

CHINESE AGENTS:

ÖVERSEA CHINESE STEAMSHIP CO.,

48, Bonham Strand, West,

Tels. 28127, 81118 & 81119.

LTD.

NOTICE TO CONSIGNEES | NOTICE TO CONSIGNEES

„AUSTRALIA-WEST PACIFIC LINE

.... Consignees per

ms. “ARGE"

J

eqj Conitzners per,- BARDER-WILHKLMBEN LING

GAMA, “TITANIA”

Ara hereby, notified that the pargopro heroby notified that their cargo being clocharged, into the Longs being discharged into the Hon keng Rowan Wharf Godown kang Kowloon Wire & Godown Ca godawn where it wil boat Ca'a godown „Whoro · Ab* will be at bondances tisk #nd subject to the consigaces risk and subject to the - SWEATZ'n setia and gondition of Bier- | Whanz'a şerme and gondition of stor

nga, and where delivery may be ago, and where delivery mag be

Damaged packajevs are to be left in the gach was, for examination by Consigneçə and tas. Company » - mut- vayors Mesin Parmichael S. Clarke

obtained.

*

Damaged, packages men to be left in the godowns for examination ty Consignpes and the Corripiany's eur. yeyors, Messrs. Goddard de Douglas al 10 a,1, on tän 23rd May, 1931,

To comply with the Gondial Blood- ed Warehbise 210giilor, cupientes a warehouse Regulations, consigneja socks have MD Rayenkinji Galcer · fa, ailandars when damaged asilable Woods are "spamined.

No olajme volt bé edrafited after the goods, bay left the stakmer Kooten, and all goods undelivered allar tion Fan May) 3952, wiik, na sublect;to rent

Alt, claims rainst the steamer ran be presented to the Undersigned 60

ne before the Frat May,:3357,

will not be, recogodnad.

DODWILL & cof

fing

To carply with the Gederal Bond- must, have A. Elevenue. Oficer a attendance whiny damnged - duilable goods are cornined, only

No claim will be adoisted attes the goods bag for the steam godown, and sell good remaining izindelivered after the Bath 1417, 1952,

will be kupleet to rent, an

All claims against ina stanimer musk

be presented forfite Undor.igned on

or before, the 21st May, 1859, or ther will mos kis recognised, at no

THE CHINA MAIL, FRÍDAY, MAY 23, 1952.

London, May 22.

The prices of Egyptian and Budanese cotton · Bold...... to Lancashire textilo mills have been reduced by 44, a pound hecause of - the change in taxes raw collon announced ro- seatly by the Egypilan Govertiment.

Sales of Egyptian, stapte have been so gmail, that pricow will talye; to be

Towers are to dispose of their stocks, irade eireles Rais

The albide of bisters is Influenced by ẽ thu nos- siblilty of a further drop in prides and chances of buying cotton cheaper.--

• United Press.

HONGKONG SHARE MARKET

(From Our Correspondent)

Business on

Ex- the Stock change this morning was valued at $183,835. Noon quotations and the morning's transactions:- SHARES BUYERS BELİERS SALES BANKS

East Asla INSURANCES

Underwriters DOCKS, ETC.

N.

Dock

Whart

141

5.70

Provident... 101⁄2 11.20 2000 ir 11

2300 10.00

Industrialist Calls For Bold Change In

UK Economic Policy

· London!

Call for a change in the country's economic and trade policy and a closer link with the Commonwealth countries, was made by Lord Balfour of Inchrye, chairman of the Empire Industries Association, speaking in Manchester.

Lord Balfour, who was addressing the Na-! tional Union of Manufacturers, said that the emergency measures taken by the Chancellor of the Exchequer were not enough. "*.

They could defer but did not prevent the long string of economic crises endured one after another since 1916.

"We need bold policy aimed | progröisiya bullding up of ari at putting Britain's ceanamy on economy capable of producing a broader and stronger founda- unit large enough to give an

balance tlons than we have been resting Interhal

between clements upon for the past 100 years,"

of primary,

and In- thus dustrial production : and he sald,

"For a century we have acqniulating continuous expansion cepted an unbalanced economy, within the borders of this Com- trusting to assumed competitive,monwealth sterling area. emclency to secure needs of foreign imports, patd. for by. our manufactured exports.

"Now the world is narrowed | down by determination of other nations to balance their own economies.

|

FALSE POLICIES

Foreign Exchanges

In NY

New York, Biɛy 21.

Canada England official

unoficiat.

"International theorists deride West Germany this view 48 restrictionist, and Insular. They forget that one after another their economie pro- phocles have proved false and the policies they have followedt have proved failures.

JS$1,014

2704 3.56, bid/

["TIKAMPEL”,

"IJIWANGI"

“TEGELDENO“

“LJIRODAS“ BEASTWAT" *TJILUWAU"

"TASMAN "TJIANGI",

--TJITONGOK" TJPAÑAS".

■"NUY6"

"THTJALENGKA" ***TJILUWAR*

June

Jone

(June) (18

Juni 11 June

Juno

་ ལ ས བསྡུ

July

Joly

Jaly

July

July

July

"TIKAMPER”.

July

23

“EASTW»

Inty

“TJIWANDI"

AUE.

**TJUÏODAS”

ACE.

"TJITJALENGKA“ Aug.

*PTJLUWAŃ"

*TIPONDOR”

“TJIWANGP

BOISSEVAIN"

Aug. 30

Aug, 25

Sept.

Rept. 2

F

.F

HOCEA

Singapure,

Page

ゴ

ANES

Sūrąbata da Macastar Ata.

singapore,

8. Africa & B. America HIJAMATER, Turebon, - BAYARE,

Surapala di hinchasny Bingeport Fenang AsyUsikwan Doll RAPORAN AMikanktag Konating,

Qurabila &” MACQUIRY. Bingapore, Penang, Al lielawns Dell Klagapers," -- bjakaña, Kemaling,

Burabala 4 Macukier Pjakarta... 7) Irahon,, ** Bomarang,

Brantin

Penang &

Mauritium,

Hingapore. E. & 8. Kiries MERRILYA) 20-fiingapore,

BASISALA, N. Amerita Japan kingabote,

'Djakarta,

a. Burakala · MUZIKÁNSENY

Diskartaj Treban,

1

Remarang,

He

· Murabata, de";Blacassar Singapore, Penang 23 Betiwan Þell Singapore Džakarta; Semarang,

Surabala & KARNASEY JE.. Djakarta, Tiltabon, Bemirang,

Burabola. Macasraj"

"alaksporë, por nigurikius, Call 8. Africa * - §. Améric

Alagapery, Djakarta, semarang,

Suraliila; 4. Marasite, Djakarta. Vizebon,.. Bemare.

Surabais Mstatkie KODJakarin, "Bemarang,

Búrahála, de Marsnių Manila, Singapore, Mauritian, s.

Africa & 6. America

From

ARRIVAL's

Japan

Kay 24 May. 25.

A

8. America, B. 1. Allès, «MauĒJUS, 10- Singapore, & Makia MEDA

Burabaja, Semarang, Djakarta e Bingapore

Pengke, Belawan Deli & Sistapore

General Agents;

HOLLAND EAST ASIA LINE

250 asked

30-day futures

3.7012

Australa

bo-day dulures

2.76%

2264

New Zealand

2,70%

South. Afriez

Belgium

2018035

Denmark

.1453

France

30-0/18

TJIKANPRA" "BUYS"

“TJIWANGI"

"TABMAN"

May

May 11

420.

Holland

Italy s

.0018

Norway

1400

Portugal

0370

Swedra Switserland

043

0935

ave

MIDDLE EAST Egypt

2310

SAILING TO EUROPE

03123

1.01

VAAGTEKENK"

June

5370

*BLITAR“

July

"ALMKERE"

Aur...

"ARENDSKENK”-

Sept.

0625

.0300

Balls

SAILING FROM EUROPE

Stotterdam

.4023

"BLITAR"

Balled Apr.

June

"ALMSLRK".

May

July

"ADENDSKENK"

July

Sept.

Oct.

Their competitive,power hus grown, while at the same time they have sought to exclude 10.70 2500 101% competitive British products." accept the 1040 American loan,

Lord Balfour went on observe that only in a polley of Colonial Commonwealth and development could"" Britain find permanent economic

safety. British Contmon- Within the wealth existed all material and human resources required for

S'hal Dock

239

Wheelock

LAND, ETC.

HK Hotel HK Land

40

7

2.25

UTILITIES

Trani

Star Ferry

Ghat Land

15.20 11.00 1000 15.80

1034 05

C. Light fo) a,to 3 1500 8,15

Electric ..... 20.00

Telephone .. 14.80

INDUSTRIALS

Cement STORES, ETC.

Dairy COTTONS

EVER

300 8.20

100+ 21

15 2000 14,00

100+ $5

13.90 14.93

13.80 16 1000 15.00

1,00

The Rubber

Markets

Singapore, May 22. Prices of rubber futures Aloset today as follows:- Number 1 rubber,

per lb. June

July

August

Number 2 rubber,

June

Number 3 rubber.

June Number

June

6314-15- 8514-83

محمد

8035-81

rubber,

75-70 Spet rubber, unbaled 83-8311⁄2 Blankel crepe ****** 04-07 No. A pale crape... 107-112

United Press,

NEW YORK MARKET

Now York, May 22. Prices of rubber futurus closed 20 to 30 higher

todny

Sales totalling 71

Prices closed as follows:

September

October

November

December January (1933)

February

March

April.

May June

July August

Tran Iraq

Turkey

LATIN AMERIDA

Argentino

"They told us if only we would with its provisions for conver tibility of the pound to the dollar, Ils montrous acceptance of the

Brazil. final abolition of Împerini Pre- Bolivia ference, and its cruel limitations Chile

should Combla Empire trade, we YMAR! Cuba

Mexico succeed in breathing life into the long-dead corpse of a tree Berd.... do World, buried after the First Uruguay

still but

dear memory to the planners.

to

Undertone Of Tetey, we have pent the

"

Steadiness

In Cotton

2.8312

Vendziela

FAR EAST!

India

2102

Pakistan

2020

古い

1048100

loan, spank-Marshall Aid, Hongkong

spent European aid.

"Dollars are as short, as ever; tariffs as high and restrictions us

crisis

"We still live in the same atmosphere, unable to earn enough dollars by exports to pay for the dollar imports, which, unfortunately, unnecessarily and mistakenly we still have to rely

on.

SAFEGUARD NEEDED-~-

2015

Indonesia

Bingapore

3205

Japan

360 yen to UBII -United PreH,

Grain Prices In Chicago

Chicago, May 22, Prices of grain futures were stendy to Arm,

New York, May 22. Cotton futures closed with minor not changes after backing and Alling over a range of $1.50 bale. While there was an undertone of steadiness, the "I have recently travelled market

lost a lot of motive through the USA. from the power.

Atlantle za the Pacific and talked In the Firmness

outside to many politicians and In- markets, including grains and dustrialists," he

continued. securities, was a contributing I am certain that whenever a line Ameri- market of that particular May

lobby in September

July line will quickly Washington to raise their protee- necefnber tive tarift. At the first signs of March

will go the

Whest futures closed 14 to 719% higher and soybeans 4 to C's higher. Prices closed today as follows:-

Spot

influence for the Improvement. of British products bites decu wheat-price per buthél

Prices follows:-

Spot

October December

March MAY

closed

today

the U.S. os Into the

can makers of

30.70

38.2-38,4

10,20

30.1 gminal trade recession up will go Com

35.00

-United Press. NEW ORLEANS MÄRKET.

July

October

with

contracts.

27.83

27.05 nominat 27.05 nominal 24.83

20.42 nominal

Spot July October December Atarch May July October

16.20 Roma

25.00 nominal

25.73 nominal

bid

In two

have reached its

Spot May years July.

December Bye

Im-.

July september Oats

July

September

33, nominaley for more dorit protection."

or three American rearmament would September

It might peak. be followed by recession with a sharp decline in American Im-

and

.D' glut of American happened would be thrown on her economic beam ends, as in 1930, unless, meanwhile,

hau adopted a long-range policy

20.45

38.43-30.40

30.17-30.40

30.35 bld $8.00 bid 35.05 bld.

135 bid

United Press.

25.00 in New York Stock

24.50 bid

24.00 nominal

United Pyem.

Exchange Rates

Business was done in the local exchanga market this unomelal morning at the following rates!--

6.5423

U.S. dollar (per $1).

Sterling note (per £1)

15,84

Indonesia guilders (per 100) 3.10

Siam Ucals (per 100).

31.00

Singapore (Straits)

1.70

FIC plastres (per 100) ... 22.15

Seeds And Oils

New York, May 22. Prices in the seeds and oils market closed unchanged with the following exception:-

Flax Seed, per bushel, F.O.B. Minneapolis. $3.984. United Press,

Na Hiro Inaireanne will be effected. N

DODWELL, & co.,

NOTICE TO CONSIGNEES

Consigners per ***KENDORAN"

are hereby notified that their cargo

being discharged Into the Hang kond Koticon, Wharf & Godown Coadawns, where it will be at Consignees tick and subject to the Wharf terms and condition of Forge, and where delivery may be oblalied.

Damarád, pečkajtes aré ̋to be left in the Gedowns for examination by Consignees and the Company's aur- veyors, Beqara

and Carmichel Clarke, at 10 am in May, 1851.

To comply with the · Genaral. Regulilora Bonded Warehousa Consignees gut have a Revansa Datoer in attendance when damaged

examined. dutiable goods ais,

Exchange

New York, May 22: trial chares, prices on the stock Paced by raliroad and Indus

10

Wo

which safeguarded our trade and

our-

3.437%

2351-

"KIELDRECHT"

"AAGTEKENKU

、AGE.

Bapt.

Arrives Hongkong

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

-M.S. “LÄURA MAERSK

ARRIVALS FROM U.S.A.

M.S. "LEISE MAERSK"

1.0514

M.S. "GRETE MAERSK”

1.0416-74 1.81-4

1.712

M.S. GRETE MAERSK"

2,0076-2.01

M.S, OLGA MAERSK"38

1.00-1.07

MS. "JEPPESEN MAERSK"

New York flour-per 200 lb. sack

20-nited Press.

LONDON TIN

MARKET

industry against that danger.

HAL "At once, we must free selves from restrictions which prevent Britain following her own chosen ways of conalising

London, May 22. export trade along channels mutually advantageous moderato drop after which it The tin market had another Import

exchange have picked up about to ourselves and our i stendled. Turnover was 95 tons,

declared $770,000,000 in valuation since Lord Balfour

were for cash. must

undo the damage done by of which 10 May 2.

the theorists who have tied Prices closed at the end of the Nails pleked up fractions

official Britain to the provisions of the follows:-

morning session over four points. Metals, parti- Belt

on Tarifs cularly coppers, showed, strength General Agreement

Instrument, st un, soltera Epat tin, buyers

11:55 with gains over a paint, Chemi and Trade.

054 up a point or two. more than any other, deprives Business dono at cals were

butors DT Olls Armed,

Commonwealth and Colonial Three-months n. sellers 0475

Business done al Settlement Dealings. Increased to 1,370,- trade as she must do in order to BOD shares. Of 1,096 lasues trad- achieve economia saftey." ed, 603 advanced, 230 declined and 203 were unchanged.

Dow Jones averages at the

stood end of the session follows:-

were featureles. And motors | Britain of her freedom to develop Three-months tin.

90 Industrials

20 rails

15 utilities 40 bonds

as

263.83

00.58

49.72

08.95

United Press.

JAPANESE BONDS

London, May 22.

Japanese bonds,

"A" (45. of 1809) "B" (49, of 1910). "C" (59, of 1907) "D" 18% of 1934)· "E" (5 of 1934) Conzole****önited)

775

047-047.

-United Press.

BENDLINE

FAST SERVICETO

June -2 Juno 17

July

Junë

7.

June 19 June 29

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building.

Tel: Nos. 36086-9.

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. 59 (No. 2 Gate, Canton Road. entrance) on the 22nd May between 2 and 5 p.m. and on the 23rd May between 9 am, and Noon..

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

14

130%

Press.

TO UNITED KINGDOM AND CONTINENT

NY Popper Markot

N

New York, May 22...

In the pepper markest, spot

"BENMACDHUI”

material was indicated at arouna Loading Hongkong 29th and 30th May

$1.34, afloats $1.33, May ship

No_clalma), will be admitted after the goods have left the. Kteamer's godowns, and sil goods remaining undelivered after the 14th day, 1957ment:$1:281:20, June $1.22-- will be subject to rent. Almig

All claims against the steamer must be presented to this under

mod on or before thin Bih zune, 101,

or they will not be recogized,

No Fire, Intrades' will be effected.

basis.-Unlied

$1.23 and July 31.10 a pound, all on an ex-dock Fresk

Copra Quotation

-W. B. LOXLEY K child, 65 New York: May 22.

(CHINA) LEN

Den Line Steamers' L3d.

Hongkong, 20th May, 1957)

DIRECT TO SINGAPORE

MAKE THENCE

HAVRE, LONDON AND ANTWERP.

Copra Was ducted today at W. R. LOXLEY & CO., (CHINA) LTD. $127.50 per short ton- hominel.

Cocoanut oil was quoted at 3 York Building.

cents a pound, asked,United

Tel. 34165 & 88710.

COMPAGNIE DES. MESSAGERIES MARITIMES

Queen's Building,

NOTICE TO CONSIGNEES

·Dainaged cargo éx this vessel will†i

ho surveyed stolt Wharf.be-

34 Tel: 26651,

PAN BUSINESS

REGULATION ORDINANCE 1952

sweón to alm, and noon on May, or Copies of the prescribed and 24:1913, and consignees are re: Forms: 1, (a)...)(b))-and÷F{c}} "mičited" to "have their, representa,17 --lives, precent during the survey.

GENES BUTTERFIELD, & SWINE, ;:

Agents. Hongkong, May, 1, 1032,

Now On Sale or

S. C. M. Post, Ltd. Hongkong and Kowloon "TEN CENTS EACH)