THE CHINA MAIL, WEDNESDAY, JUNE 25, 1952.
MESSAGERIES MARITIMES Trade Union Development In
MOM
BIR HAKEIM”
LA MARSEILLAISE” „ause to
"MEKONG"
"MONKAY"!
·Arrivirik
Lasving
June ta Juty
July 1
+Jaly· 18
Zuly 11
.Jano
2
Jonh 23 July 11
3 'AUB. $
Aug. 10
LA MARSEILLAISE” July *BİR HAKEIM”
MEKONG"
• For Passenger and Freight.
Outward For
JADA
Kobe & Kohama Jagan
Homeward For
N. Africa
Exrope
Marsellen ́tia Balgon
Atries & Enrepa N. Anica & Europe
GROWING INTEREST
IN RUBBER
ROADS
An
London, Jane 24. enormous potential
t freight for Saigon, Alexandria, Tunis, Genoa, Margotlles, Algiers, Oran, Tangier, Casablanca, Havre, Dunkirk, Antwerp, Rotterdam & all Mediterrancan ports via Marseilles and West Africa by Transhipment, | demand for rübber for road- making was forecast at the Madagascar by transhipment in Saigon or Djibouti,
annual
of the meeting British Rubber Develop
Sabject To Change Willout Notice,
CIE DES MESSAGERIES MARITIMES
P.O. Box 58, Hongkong
Queen's Building (gr. floor)
EVERETT
Tel, 20651 (8 lines),
LINES
EVERETT ORIENT LINE Fast cargo and passengers service refrigeration space avaliable for Korea, Japan, China, Philippines, Indo-China, Siam, Malaya, Burma and East Coast Indian Ports.
"NOREVERETT"
Arrives June 30 from Manila. Soils July 1 for Singapore, Penang, & Calcutta. Rangoon
"BRADEVERETT"
Arrives July 8 from Singapore. Sails July 9 for Japan.
EVERETT STAR LINE
Fast cargo and refrigeration spaces available for Korca, Japan, China, Philippines, Indo- Chinn, Stam, Malaya, Ceylon, West Coast Indian and Persian Gulf Porta,
· FIRST CLASS PASSENGER ACCOMMODATION
M.S. "STAR BETELGEUSE"
Loading June 26 Sailing
June 27 for Singapore, Penang, Madras, Colombo, Bom- bay, Karachi, Baarah & Bahrein.
EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telephono 31206. Chinese Department: Telophone 28293,
N.Y.
Futures
Cotton
New York, June 24.
Prices of colton futures closed
today as follows:-
Spot
July
October
December
March (1053)
Mhy
July
Detéber
December
41.05 nominal 39.81-30.23 37.36-37 33 37.14-37.15 30.01
Chicago Grain Futures
Chicago, June 24. Chicago grain joined the major commodities in upward firmness. Wheat closed today to 1% higher and sybeans wore 1 lower to higher. Prices of futures closed today as grala
Wheat-price per bushel
36.79 nominal follows:- 30 ja nominal 34.75 bid
Spot 34.03
July September
NEW ORLEANS MARKET
Goot
40.15
Jihy
40.02-40 85
October
December
37.32.57.34 37.11
March (1959)
37.90 bid
Máy
July
October
December
London Rubber
Futures
*London, June 24.
Prices of rubber futures closed
today as follows:—
No. 1 rubber, per 15.
in penca
July
August
September
October
July/September
October/December
January/March
April/June
28-2014
2952-38 S
2734-14
2014-2 2331-2014
United Press.
December
March
May
Coro Spol.. July
September December March May
Пус
July.... September
Oats July September
2.31 nominal 2.30)6-2.31 2.3412-14 2.30-1 2.412-11 2.40%
1,793 1,80-14
1.0076-2.01
--United Press.
N.Y. Rubber
Futures
ment Board.
British Colonies EGYPTIAN
Patchy But Now Beginning To Sort Itself Out
Lomion, June 21.
In a frank examination of the trade union situation in the Colonies, Mr John Walton asks in an article in the "New Commonwealth" what has been the effect of varied help given by the Sir Sydney Palmer, the Chair-Colonial Service, the British Trades Union Con- man, said that they now had
gress and more lately, the International Con- nctive organisations at work in Great Brain, the United States, federation of Free Trade Unions. Australia, South Africa and Malaya.
Excellent progress had been made in the development of the use of rubber in roads. Several hundred miles of rubberised roads were laid in various parts of the world and alcommercial demand for rubber powder for
this
to
begun purpose had emerge, both in the United King- dem, the U.S.A. and elsewhere.
can
This is his answer:
The results to date are patchy; |
in some places, encouraging equally discouraging in others. It is too early
to assess what
fruits will come from the plans of the International Conference of Free Trade Unions for regional organisations to cover the world, though an office in Accra is pro- jected and a college is to be set up in Ceylon.".
He continues:
"We are now satisfled that we
Incorporate the powder efficiently in road surfacing "Symptomatic of the present materials and that roads so position is the state of Nigeria. treated display marked advari- After two years of chaos and con- tages," he said. "It is before a feuds and political adventuring, fusion, consequent on political accepted that such roads have a better surface and that road
the trade union situation is now maintenance costs are reduced, beginning to sort itself out, Thla lotter advantage alone thanks to the initiative of the sulßtes to justify the inclusion of organised workers and to the in- rubber,
fluence of a delegation from the I. C. F. T. U. which visited West Africa last year.
"Until recently, progress has been chielly empirical and to provide a more scientific basis our Natural Rubber Bureau has opened
G Road in Virginia Research Laboratory, which is said to be the best of its kind in the U.S.A.
"In the United Kingdom, where we already enjoy the scientific assistance of the British Rubber Producers' Research Association, we have also embarked on a joint research programme with the Road Research Laboratory of the Department of Scientife and Industrial Research comprising laboratory research and practical road trials, which should yield reliable conclusions by 1085."
MALAYAN HELP
During the period of high prices, the rubber producers of Malaya agreed to provide powder at a low cost price for use in roads,
Rubberised roads had been laid in Canada, Australie, the U.S.A., the United Kingdom, South Africa, Malayu and elsewhere. Immediate decisive results could not be expected.
an enormous
There was potential demand for rubber for this purpose if road authorities become convinced as to the long- term benefits,
The recent meeting of the Rubber Study Group at Ottawa had given him an opportunity to seo for himself the road systems in the Northern States of the U.S.A. and in Canada. There, temperature changes the great arising from hot, dry summers followed by extremely cold winters inflated great damage on existing roads,
It had already been shown that damage could be materially reduced by the Incorporation of rubber, and it was in that great area where they might expect rubber to be first widely adopted.
БОМ
HONGKONG SHARE MARKET
(From Our Correspondent)"
Trading was slack on the morning, the transactions re Hongkong Stock Exchange this corded up to noon being #09,324. Interest remained centred on the Unities. Noon quotations
were:
COTTON
BARTERING
ROYAL
-TJIWANGI"
"TABMANTM
July "TIITJALENGKA" Zuly Juty
"TIPONDOR"
**TILPANAN**
"THLUWAD" *THIKAMPEK➡ "IWANGI"
"DOISSEVAIN" *KÄBTWAY” *TUTJALENGKA“ "TRŠADAN⭑*
Cairo, June 24. The Minister of Finthee and Economy, Zeki Abdel Motari Pasha, vigorously dufended the Egyptian Government's cotton polley and forecast blighter ex- port prospects for the remaining DDAS months of the’ktásön, In' an ex- clusive Interview with the United Press today.
Referring to difficulties to date
"TJILUWAR*
- July
STEROCEAN
BALLINGE
July 0
July July 27 ADE.
16
ALE AUK R
This fact should give rise to
in woon exports and the effects. "TIWANGI” on outside opinion
of Egypt's THFONDOK" Zcaki Pasha financial portion. buting his Goverment's plans "BOISSBVAIN” and actions.
"TJILUWAI "The decline in Egypt's cotton TJKAMPEK" exports up to mid-May compared with the previous "TJIWANGI" seasons, is no doubt substantial. "gruAAT"
MAKASSAR"
"VAN HEUTS?” "STRAAT
MAKASSAR"
Aup. D Aug.
Aug. 18
Ask
Beyt,
**
Sept...
Bept.
7
Bapt. 9
Bept. 20
Sept. 25
ng
Oct.
昏
cerning Egypt's financial aitua-
tion. By removing the artificial "TAWANGI minimum prices and crushing' | TASMAN
no serious feeling of unrest ron-
O
Page
Подкрота, DJakarta Bamitang
"Kuribala à Mackmar
Bingapore, Penang & Delaware Deli
Japki (via Manila)
Burakala ti BERCASAT
Singapore,
B. Africa
MNGER, singapore. Kance
B. "Aistes de B. America Singapore, Djakarta,
Thüratala * Atacamar
Bemarang.
Djakarta, Tfirebon, Bemarabă,
Buradala z Marakar
Singapore, Djakarta,
Korkkis & Macazior
Jayan
Bemarang,
Singapore, Penang & Belawan Dall
Singapore, Madiu
MEDIJA
Japan
Africa & 8. America
Djakarta. Tirahon, Gamtarang.
Burabais ", Madukkar
Singapore,
Jakarta, Semarang,
"Bucabila di "Macassar
Singapore. Penang & Holawan - Dell
· Japan
Bingapore Djakarta, HEINATANK.
durabila a treaskar ♬
DJakarta, TJtroben, Bemarang.
Burabala "niacassar. Manis, Bingapore, Mauritius,
5. Africa B. America
Singapore,
Djakarta. "Sematang,
Burabala & MacasERY.
Djakarta, Tiirebon, Semarang,
Butabala &. Macassar
Singapore, Djakarta,
Surabais de atackmar
Mantin,..
ARRIVALS
Jane
27
Joly
speculation, the Government has "TITJALENGKA”” July prepared the ground for healthy
normal market conditions.
"Side by sold with the normal demand the Government's barter deals, together with the abolition
of the export tax, may be rolled upon to encourage exports during the remaining months of the of the decline hitherto sustained. season and make up a good part
July
Semarang
Singapore, Bauriti
Africa & 8 America
From
Macantar, Surabala,
Japan
|
Djakarta & Singapora
Semarang,
B. America. E. & B. Afric
Mauritius & Bingapore Japan
General Agents,
HOLLAND EAST ASIA LINEL
SAHINGS TO EUROPE
under-"BLITAN"
"The Government's taking to purchase all cottons offered to it at the end of the i season will provide an outlet for SHARES BUYERS HELLERS SAD the crop remaining in the hands of growers and up-country 1300 10 @ 1370 merchants."-United Press.
BANKOS
HKC Bank East Asia.... 141
Canto Lindo
"The Communist -dominated Nigerian Labour
Congress has INSURANCES lost over 100,000 members, and its pro-Soviet general secretary has resigned. An action committee leads those who Jeo industrial progress through democratic methods.
SAME PROBLEMS
What they must do to pro- gress further is much the problem of Colonial trade unions evety-
whore.
make sure that
They must members pay their contributions regularly, since no officials cun afford to run the union or live themselves on a hand-to-mouth basis.
They must put forward de- mands
that are
possible of achievement and not just puffed up to retain the, interest of the
men.
A Registrar of Trade Unions might help them to keep their books better without interfering with their finances. He could further outline and demonstrate the virtues of friendly beneat schemes which might be run to encourage the regular payment or country. subscriptions and which, in this
in the last
century, helped many organisations over this first difficult stiler
PROVIDING KEY:
"It is in the way they tackle these basic problems that trade unions in The Colonies will fourth es well-administered guardians
of working claas standards, or will perish amid a confusion of manifestoes, wild demands ond personal and political ambitions.
simPPING
733 743
Ada Nay..1054 DOCKS, ETC.
K. Wharf... TİLL
LAND, ETC.
1000
422 423
Rice Shortage In Ceylon
$ In
Providezit Wheelock
105 Land
(RM) ........43.40
EL
to
UTOLITIES
TYRM
****** 20.00 Siac Terry
DOIS
40
C Light.
Eretic
London, June 24. Owing to rice shortages in the Commonwealth, Ceylon has had turn to the United States, Brazil and Indo China- for supplies.
This was stated in the House C. Light
(N) 450 526 1500 à 835 | of Commons, when Mr John.
2110 M50
Foster, Under-Secretary of Stato Telephone .. 15.00
for Commonwealth INDUSTRIMA
Cernent Rope STORES ETC.
Dairy
Wosedn COTTONA
Ewo
18.00
000 & 10 34.40..600 @ 14.30
ELIS
100
3500 3
the
Relations, was asked whether he would
on send special and urgent help to Ceylon where there was insuf ficient. ries to maintain 58.70
with certainty even the present low ration of 54 ounces a day, for any length of time.
Ho
replied
that
United Kingdom Government was aware with, the Ceylon Government's difficulties, There was a world shortage of exportable supplies of rice which of course also affects United Kingdom
territories in South- East Asia. Malaya
of, and sympathised N.Y. Foreign
Exchange
Canada (dollar) England-oficial
unofficial
30-day tuteuren 90-day futurIEM
Austraila (pound) .... New Zealand. (pound) South Africa (pound) Belgium trane) Denmark (krone) France (trano) West Germah Deutchemerk Holland under) Italy-official Norway, Oritve)
Spain (pevota)
Eiwitrerland---free ·
There have
already been enough of these....At all costs, the Administration must avald Portugal (escudo) wishing trade unions on workers Sweden (krone) who are not ready for them, asIDDLE EAST happened in Nigeria after the Egypt (pound) war.
Tri (at) irse (ainur) Turkey (ra)
to
"On the other hand, it is well that the unions In British The scope of the demand that Colonies have a freedom that is LATIN AMERICA might be created was indicated
|| Argentina-official denied
organisations InBrazil (cruzeiro) by the fact that $1,400,000,000, French territories.
Bolivia (boliviano) FuThis spent annually In the
Chile Tree for In Colombia (peso) opportunity on road maintenance dividual development may yet Cuba resolo)
provide the key to a widening Peru-free
Mexico trade union horizon in those Urugury, (pesoj Colonies which are part of the British Commonwealth."
U.S.A. alone.
Seeking Tuna
Tariff
Washington, June 24.
Senator Warren, Manguson (Democrat) predicted today that a tariff will be imposed on frozen tunn in 'or 9 months in a re ciprocal trade agreement with Japan".
New York, June 24. Senator Manguson made the Prices of rubber futures closed statement on the Senate floor in today 25 higher to 20 Rower urging approval of a bill in- with sales totalling 05 contracts.posing a three ceals per pound
-fLondon Exprent Service)
Pakistan Interest In Jap Textiles
200
Venezucia trollver FAR EAST.
India (rupee)
Pakistan (rupee) Hongkon
Indoreda Singapore Japan
Closing rate June 24. US$107-0/10 $2.7039
=
2.67 bid/ 2,00 naked
ってない
for instance, depended/ on imports for half its supplies, and Hongkong for almost all.
The United Kingdom Govern- ment had consistently brought to the notice of the main exporting Governments the dangers of the shortage, and the need for as
possible.
The
level of exports
29
bulk of suppiles from the
*9231
2.73
2.701
10
nigh
1455 .0020-3/16
4.20
2633
.0013
1400
A370
were made by Governments were
0935
likely to be Thade by Burma this
6370
0640
.0600
Coyen to USJI
United Press.
LONDON TIN
MARKET
New Drive For Prices closed today as follows thuty on frozen turn from Japan not bought from the Japah-Shot is, buyer
Sugar Pact
September
October November December
January (1055)
April
London, June 24. February The free market supplies of March sugar for the crop year ending | May August 31 were estimated at June
July
7,330,000 metric tons in pre-August port of the Statistical Commit-september tee of the International Sugar Council, approved in London on Tuesday.
tin, soller
071
Osako, June 24. Textile denters in Osaka claimed today that Pakistan has
London, June 24. "turied suddenly" to the Japan. The Ein' market opened today. cotton textile market since dictedly armer with turnover the end of last welk, showing of 100 tons incluriing, 20 tims for particular interest in grey shift tosh. Prices victed today at the inga and print cloths,
end of the omeint morning They norcaled that Pakistan serion as follows
eso market for some time after Business done at large frozen the completion of purchaics in Three-monitur tin. Buyer,,, DUE duna imports have threatened Japanese white mull and cum-Third-months tin, seller. 199 21.42 nominal the destruction of U:8, tunn brier
which is not Pakistan is now mainly looking #7676 caminal Ashing industry 27.50
covered under any existing law for grey shirtings much as the 2 nominal because the technique of ship ganko and Fukujuso branils and 20.38 nomino? ping frozen figh the been oruud 12 to 12 cents per gard: 20.00 nominal developed only in recent years. Akachidori brand et 10 to 10
He and, "the Japanese are cents; Cramo, deer and perch brands at 18 cents and soldier long looking more toward a
31.25
und Peru.
30.39 nominal
20de nominal
HO
said that
20.04 nominā
20,23
200
26.76
N.Y. Copra Prices
-New York, Juho 24
The report estimated the re quirements at 4,030,000 metric tons. The Council decided tom! Copatwad beportedly, sold at day to presa-negotiations for a $140, per short com escorult 41 new international sugar agro-was quoted today at 10-1 cunla mont.United Press,
a pound, asked, United Press.
range trade in the Future than brand at 20% rents, Pakistan
Budinem dona'at Bettlement
main rice exporting Countries were allocated to Governments.
July
KALMKERKM. "ARENDSKERK"
"KIELDRECHT
SAILINGS FROM EUROPE
Hotterdam
Arrives Hongkong
"AIMEERK”.
Balled
"ARENDBEERK"
Fuly
"KİELDRECHT
"RIDDERKKIK" MILITAI
feat.
July
Beot.
Nov.
MAERSK
LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via BAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINOS
M.S. "GRETË MAERSK❞ MS. FOLGA MAERSK”--, M.S.
"JEPPESEN MAERSK”
July 2 July 16
July 80
In Port Buoy A7
July 20 Aug. 5
ARRIVALS FROM U.S.A.
M.Š. “JEPPESEN MAERSK”
M.S. "HULDA MAERSK" M.S. "TREIN, MAERSK❞
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Further such. allocations which Pedder Building.
month and by Siam within the
next three months. Caylon PETER MOK
would no doubt be able to secure further quantities in this way,
It was reported that the Ceylon Government had also been in successful negotiation
for rice
with the United States, Brazil and Indo-Chino, and that as result the situation had been
eased.
JAPANESE BONDS.
London, June 24.
Japanese bonds
HİM YICK HONG
MACAO MANUFACTURERS' REPRESENTATIVE
Agent for
"AUSTIN. CARS
M.V. LEE HONG
China Mail Distributor
784
67%
117
08
127%
33 RUA V.P. ARCOS. TEL. 501
55%
United Press.
Cables: Peter Macao
"A" (48, of 1899) '"B" (4s, of 1010) "C" (As of 1097) "D" (5#, of 1934) *E (55, of 1034) Consols
Agenolds invited
Tel. Nos, 86066-9,
THE
"POST" TYPHOON
MAP
Mounted
incorporating amend». mento, to the Local and Non-Local Storm Blanal Codes.
$5.00:
Unmounted $4.00.
Obtainable from
|SOUTH CHINA MORNING POST
HONGKONG and KOWLOON,
Pacific For East Line, Inc.
Fait Regular Trans-Pacific Service
AN OVERLAND **
BAN FRANCISCO, LOS ANGELES
Guam, Marinas, kaiginta,, Kilcronesian Islands →→ Reggiar Bervios direét or with trafahipmenk,
NEW YORK-CHICAUI DETROIT TORONTO "MONTREAL AND ALL AMERICAN & CANADIAN CITIEÁ
Exchange Rates
Durizem was done. In the local
exchange-¡market
WILLIAM -LVCKENBACH”
to any advantage they might has shown therest in print cloths merging at the following have for a few months if we from 15 to 15%1⁄2 cents per yard 173. dolar (pot do not approve the bill."
and cotton, warn 20's single and stering note: (que» 40's mingio at 63 to 0 and 87 to 2ndonesia guilders (pur-100) Tho Bill was defeated,-85 cents respectively all C.I.F. Hamicale per158)
Wingebore (Biraita), per poundUnited Press. United Press.
·FUL" Pinsiren (par · 1909).
TAUR
Artiých
Balla
June bo
Juhe 30
Ban Francisco de Los Angeles via Kobe, Nators, Yokoliank
For full particulars cali United Biates. Line Có, General Agopis, Queen's Buliding, Teli 28198,
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