1952-09-02 — Page 9

THE CHINA MAIL, TUESDAY, SEPTEMBER 2, 1952.

MESSAGERIES Y MARITIMES BRITAIN'S CAR INDUSTRY

M

Arriving

..Sept.

"GRENOBLE"

*LA MARSEILLAISE" opt 19 Sept.

"FALAISE"

M Continuing Export Demand For Vehicles

Outward For

Yokohama & Keba Japan

Homeward For

Leaving

Sept. A

20

Japan

Sept.

2J

Sept. 24

*"COURSEULLES”

.....Sept. 13

Rept, 13

"GRENOBLE”

Oct. *

"FALAISE".

20 ... Oct.

Rept, 30 Oct.

Oct. 2

N. Africa & Europe Marsellies via Salgon N. Africa de Europa N. Africa & Europe

•

For passenger and freight.

"LA MARSEILLAISE" dept, 29

For freight to Salgon, Alexandria, Genoa, Algiers, Oran, Tangler, Casablanco, Havre, Dunkirk, Antwerp & Rotterdam. Accepting cargo:

Via Marseilles to all Mediterranean & West Africa Porta. --Via Djibouti to Madagascar,

Subject To Change Without Notica,

CIE DES MESSAGERIES MARITIMES P.O. Box 69, Hongkong

Queen's Building (gr. floor)

Tel. 20661 (8 lines).

EVERETT LINES

EVERETT ORIENT LINE Fast cargo and passengers service refrigeration space available for Korea, Japan, China, Philippines, Indo-China, Slam, Malaya, Burma and East Coast Indian Ports.

"NOREVERETT“

Arrives Sept. 5 from Singapore. Sails Sept. 6

"REBEVERETT"

Arrives Sept. 10 Saila Sept. 11

for Kobe, Osaka, Nagoya & Yokohama,

from Manila. for Singapore, Penang, Rangoon & Calcutta.

(Accepiing cerzo for transhipment Kobe/Pusan and Kobe/Okinawa)

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. "THAI”

Arrives Sept. 4 Sails

from Japan.

for Sept. 5

Singapore, Port Madras, Swottenham, Colombo, Bombay, Karachi, Basrah Kharramshahr.

&

M.S. "STAR BETELGEUSE”

Arrives Sept. 9 from Singapore Sails Sept. 10 for Kobe & Yokohama (Accepting cargo for transhipment Kobe/Fusan and Kobe/Okinawa) .

EVERETT STEamship CORPORATION S/A

Queen's Building, Telephono 31206. . Chinosa Department: Telephone 28293.

Philippines Scrap For America?

Manila, Sept. 1.

The American Government is to press the Philippines to per- mit the export of scrap metal to the United States 10 relieve the acute shortage of raw ore needed by American factories now that the steel strike in thai country has ended, accord- ing to today's Manila Dally Mirror which quoted

a well- placed source as its authority,

States looks The United

HONGKONG

SHARE

MARKET

(From Our Correspondent)

Business on the Stock Ex- change this morning totalled $207,521.20. Noon quotations and the morning's transactions: SHARES BUYERS BELLERS, NALES DANKS

UK Bank ... 1430 East Asia

145 INSURANCES

Anda Nav.

the Philippines to supply part SUPPING of the ore requirements for American steel plants with local surplus scrap metal, the came cource said.

ta

Union .... Untierwallers

705

30 200

744

1.00

cro a 1.03

DOCKS, ETC.

1. What

Pt. Whart att Dock

1920

Provident S'haf Dock

1.45

Wheelock

The American Embassy here has submitted four notes to the Foreign Office asking that scrap to the United States instal

export be permitted.

Under the Philippine Expor! Control Law only "meritorious Ckits" are granted exemption

from the ban on the shipment of ¦ strategic materials.

The

scrap

request for this export of metals was based on esti- mates that the Philippines bar execs materials for its infant steel factories from what can be salvaged from sunken vessela and other scrap heaps.

However, all applications for Un port of scrap iron to the States have been turned down by the Export

witt

the

Committee

Quirino ordering

LAND, ETC.

0.40

HK Hotel IK Land (0) 40%

HK Land (N) 473% UTILITIES

Shai Lond. 1.20

Tram XD

P. Trnm

Q

700, 1.40

2000

2000 6 0.45

@ 4015

18.40 10.70 500 ₪ 1031⁄2

P. Tim (20) 34 Sar Ferty

C. Laghi (0) 8.00 0.00

100 101

800

22.10

325 of B.UG 2000 € 1.03 C. Ligth. (N) 4 0,10 Elect:30 XD 22.102240 900 22

Telephone 17.10 INDUSTRIALS

Cement... IGNO 10.30 STORES ETC.

Tatry

14.0060,10 500 10 Watson

21.3027.00, 100 6 27.70 300 27.60

17

Control President

Lee Crawford 24,70 strict ad- COTTONS

EWO... 2.10

Yangiare...

4.30 300

herence to the control measures MISCELLANEOUS sinco the expected surpluses are

only based on estimates.

On the other Land, a Govern

ment report last week stated

that there were about 400,000 Exchange Rates

tons of scrap metal salvageablo from sunken vessels in Phillp- pino WaterS.

With this potential source of

Business was done in the local Unofficial exchange market

dollar (ver $1) ............................ 0.4925 Sterling note (per C1)

Scrap, Philippino. steel plants ring at the following rates:-

for Indonesia gulidos per 100) 1.

will have · TOW materiala

round 20 years from sunken ships alone-France-Fresso,

om ticals per 100)

Bingapore (Birate) ___

| FIC plastres (per 100) i

Jap Cement For Philippines

Manila, Sept. 1. Five thousand tons of cement bought by the Price Blabilisation Corporation from Japan is due to arrive on Wednesday.

The shipment la part of the 8,000 Tons of Japanese eement recently bought by the Price Slabilisation Cor- poration to break the car- rent shortage of this mate. rial here Reuter,

Empire Finance Talks

here

An official of the Common- wealth Relations Office announced

this today.

The Prime Ministers will begin their private conference here on November 27. It is expected to tact about a foxnight.

Tougher Competition From Germany Expected

London.

One satisfactory feature of our exports is the continuing demand for motor cars and commercial vehicles.

Shipments in July may be considered satisfactory considering dis turbed labour conditions in the industry at home, and overseas restrictions on the import of motor cars and on their sale after import.

Labour conditions at home showed a very bright feature, however, last week when over 20,000 employees at the Austin motor car works at Longbridge, Birming- ham, turned down attempts to bring about a strike in protest against the firm's decision to lay off some 800 redundant workers,

few workers

L