;
MESSAGERIES MA
THE CHINA MAIL, FRIDAY, OCTOBER 17, 1952.
Paro Q
MARITIMES COLONIAL INVESTMENTS ROYAL INTEROCEAN LINES
Nearly A Quarter From Private Companies
Leaving
ARIVILE
Och
Nay, 1
NOT. 28
"SAINT MARCOUF” ..........Del 20
1"PALAISE"
~PEI HO❞
Nov.
Nov.
*"FELIX ROUSSEL"
Nov. 4
Nov.
SAINT MARCOUF"...Nov. la
Nov, 19
·
For passenger and freight.
M
Outward For
Зарад Japan
Homeward For
N. Africa Europe Marseilles via Belgon N. Africa & Europe
+ For freight to Salgon, Algiers, Oran, Tangler, Casablanca,
Havro, Dunkirk, Antwerp & Rotterdam.
• Accepting cargo:
via Marseilles to all Mediterranean & West Africa, Ports, --via Djiboull to Madagascar.
Bubject To Change Without Nattes.
CIE DES MESSAGERIES MARITIMES
P.O. Box 58, Hongkong
Queen's Building (gr. floor)
Tel. 26651 (3 lines).
EVERETTE
LINES
EVERETT ORIENT LINE
Fast cargo and passengers service refrigeration space available for Korea, Japan, China, Philippines, Indo-China, Siam, Malaya, Búrma and East Coast Indlan Ports.
"LENEVERETT"
Arrives Salls
. Oct. 22 from Maniln.
Singapore, Ont. 23 for
Rangoon &
“REBEVERETT"
Arrives Sulls
Nov. 7 from Singapore. Nov. 8 for Kobe
على
Penang, Calcutta,
Yokohama.
(Accepting cargo for transhipment Kobe/Pusan and Hobe/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. "NORDSTJERNAN”
Arrives Sails
Oct. 24 from · Singapore. Oct. 25 for Kobe & Yokohamą.
M. S. "STAR ALCYONE”
Loading Solls-
Oct. 24
Oct. 25 for Bangkok. Singapore, Colombo, Khorramshahr, Basrah & Bahrein,
(Acceping cargo for transhipment Kobe/Pusan and Kobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A Queon's Building, Telephono „31206. Chinese Department: Telephone 28293.
America As
Big Buyer
Of Lead
New York, Oct. 16.
HONGKONG
SHARE MARKET
(From Our Correspondant)'
on the Volume of business The U.S. Government hao Stock Exchange this morning contracted to buy large tonnages totalled $787,790, Noon quota- of lead for its permanent stock-tions and the morning's irans-
within
few actions:--- the next pilc menths, metal sources reported. BHARES BUYERS SELLERS SALES
Exact figures were not ava!}- able, but the contract was raid to call for large amounts to be delivered in the final quarter of this year and the quarter of next year.
TANKS
1K Bank... 1400 146 101410 140 East Asia INSURANCES
Canton Union
200
767
Arst
JK Fire SHIPPING
130
As Nav.. 1.40
DOCKS, ETC.
K. Whar!
DO
the
re-
N. P. Whet Dock
8.30
21.00
20 1000
20
1500
22.10
120
23
$300
22.10
12.80
13 1000
13.80
1.03
.. 44, 4475 000 44
These purchases, it was said, should just about filt Government's stockpiling quirements, for at least the rext six months,
Provident
Shat Dock Wheelock
The Government's entry Into the market should impart a little more stability to the 18 cents
pound price, lead (LAND, ETC. sources said.
1
Lead consumers. report that for the first time' in months some foreign lead to appearing at conccasions from the domestic price.
The Imported tonnage is being offered at 15.25 to 15.50 cents a pound including the duty of 1-1/16 cents Associated Press.
Rubber Futures In S'pore
Prices
Singapore, Oct 10.
futures of rubber closed today as follows:-- Number 1 rubber, per,ibi.
November
December
January Number
November Number
November Number 4
November
500
12.90
3000 € G
1700 441 -300 @ 4435 *815 6.55 2000 6.45 HK Hotel...
HK Land (0) 51
(N) GOW S'hal Lond. 125 Humphreys . 1231 UTILIITES
TIMIT Peak Tram
(0) Peak Tram
(N)
Ceylon Sugar Prospects
Colombo, Oct. 10.
The opinion that Ceylon
is likely to *ct sugar yields as high as those in
whilett Java,
Aro highest in the world, was expressed 53 S. Y. Parthasarathy,
Buguresne
sprolatisi of Madras Blate, who has studied sugarcane cultivation in Ceylon.
The technique of cul- tivation which ja - being tried out by Dr C. Van Dillewijn, FÁO sugarcane expert now in Coylon, bas given striking results, ka aald.
He considered that yields in Ceylon were likely to reach the target of six tous of mirar with 12 per cent sugar content, the equal of yields In JavaUnited Fress..
Colonial Office Statistics Of Capital Works
London, Oct. 16.'
Of money invested in major capital works, actually in progress in the Colonies during the past 12 months, something approaching 25 per cent came from 'private companies.
Against a total value of £150 millions in respect of the Government and Colonial Development Corporation schemes, nearly £50 millions are credited to projects of private companies.
The figures do not reflect a general situation throughout the Colonies. They are an assessment from newly-published Colonial Office statistics of capital works of over £100,000 În value and in course of construction.
con-
Some Colonial governments The one reference to police have not been able to furnish | radio communication schemes works comes in Malaya's returns. The particulars of capital
private undertaken by
enter-Government P.W.D. and prise.
tractors have been engaged in a Apart from incomplete statis- £144 million scheme begun two tics, it is to be noted that the years ago. private caplal concerned 15 All these schemes-and It is limited for the most part to a stressed again that the statistics oratively
fow large-scale quoted are in respect of work in projects. And o bls proportion actual progress or very recently varying dates dustry in one territory-copper for their starting and completion. in Northern Rhodesta.
Some will not be finished for The percentage of private in-more than five years yet.
The vestment as against public In-majority are due to be completed vestment revealed by the in the next year or two. statistics remains, nevertheless, a point of interest for all concerned with the problem Colonial
Economic of it is centred, too, in one in- completed-have
Committee Report
London.
Little use is made of agri- cultural machinery and modern implements in the Colonies, states a Common- wealth Economic Committee Report, entitled "A Survey of the Trade in Agricultural Machinery".
COLONIES' BALANCES
The
**** | Londan · Incrossed by
at
Colonial Sterling balances in
of financing development. figures have a special interest the
the direction
the
This commercial debt,
Licence Fee On Jute
Indian Complaint
Genova, Oct. 16.
discriminating against
"THÉADANKA "RTILAAT
MALAKKA “VAN HIUTAZ” "TAUMANM
BAILINGS.
Oct.
dapan
·Japan
DEL 21
Japati.
04.
Oci.
21
Nov.
"TJIWANGS
Nov.
"TJIBADANE"
Nov,
Nov.
«NALTSUYCKER"
*RUYE"
"TJIFONDOR"
"ЕТПЛАТ
MALAKKA
"THPANAS". **TJILUWAR*
"TEGELBERG" "VAN HEUT82"
"TJIWANGI"
"TJPANAS"
"TEGELBEng”
"STRAAT BORNDA"
"THTJALENGKA" "TJILUWARI"
"TJIKAMPEK"
Nov. 10
Nov: 11 Nov.
תפקנו
Diskarto, ---Semarang. - Surabafası đ
Blachasar
Singapore & Jakarta
Singapore. Djakarta.
Burabela & Macassar
singapore, atauṛičius, A. Atries, &
B. America
Bjakarta,
MAÇARIAT
Manila, Delawan
E. & 8, ANrien.
Japan
Remarang.
Kurabala &
Dell,
Singapura,
Semarang.
Bingapore, 2 Djakarta,
"Airsbata A"-Machetar
Japan
Djakarta. Remarang. Surabats
·NESCAMAT
Ringapore, Djakaria, Semarang.
Nurabila & Maczisar
Djakarta Remaring. Hurabala
Macassar
Maniin. Bingapore, Stauritias,
8. Attica 6. America
Manila, Singapore & 8. Africa
Stsgapore. Djakarta, Bomarang.
Surabala & atacantar Djakaria, Sematang,
Nov. 20
Kav. 22
Dee,
1
Dec.
Dec. 1
Dee. 10
Dec. Dec.
12
Japon
Дес
*3
Atacasser
PROIBAEVAIN" "TJIWANDI**
poe. 20
Japan
Jan.
2
+
"RUYS"
"TJULUWAU"
“TJIBANTJET" "STRAAT
MAKASSAR" "TJIWANGI"
TJITJALENGKA" Feb.
Jan.
JAR.
15
18
Japara
Pob. 1 Feb. Z
"HUYB"
Burabaja
2
Singapore. Bjakarta, Bemarang,
Buradals & MacauzAT
Manila, Blogapore,
8. Afties & 8. Amerier
Mauritius,
Ringapore, Djakarta, Semarang,
Burabala & Biscansar
Зарал
Singapore, Dinkaria. Semarang
Sorabala & Macassar
Singapore, Mauritius, R." Africa
8. America
ARRIVALS
From
Djakarta. Semarang, Satabala,
Macanar & Singapore
* Det.
20
Oct.
21
Зарад
.del.
20
Oci.
10
2.
MacRain, Rurabaja.
Dakar & Singapore
Bemarang.
America, 8. Africa, Maurtius.
Singapore & Maniku
TEL. 28015/18.
in her with regard to jule ex- KING'S BUILDING, Ground Floor. Evening a leading article ports, pending further in- CHINESE AGENTS: 82 CONNAUGHT RD, O. TELS, 31196, 25131
"scrupulously formation from the Indian
The Indian complaint was set bofore the current Session of chief of the Indian delegation. the GATT by Mr L. R. S. Singh,
The 34-nation General "YAN DEUT82” Agreement on Tariffs and "TASMAN" Trade (GATT) has post- "TJIWANGI" £75 puned a decision on the In-
and ΠΟΥ total £1,000 is on moment, coming as they do marion in the first half of this dian complaint that Pakistan on the eve of Commonwealth year economic talks in which Colonies' million.
snys the London development must be a major Standard in talking point.
today, will be 30 pages of discharged." In general, figures provide an excellent op.
delegation establishing that portunity for one Colony to see The paper paints out that in bilateral consultations be- what is going on in another in achieving a surplus in its over-
during the first tween the two countries on the seas payments of laying
matter had taken foundations for all-out develop- six months of the year, Britain this Comparatively high mechani-mant in the whole Colonial benented from the fine contribu- place.
The Government works lion made by ber Colonial sation, however, is to be found field.
detailed are chicfy in European farming and plant-
of the Empire. ing industries in East Africa primary character-provision of Britain is now a debtor to
and in estate sugar electricity and power, railways, those Colonies to a total exec and Mulaya cultivation. This is mainly due roads and communications, build-ing £1,000 million. This to the shortage of labour and Ings, etc-all essential pre-Immense sum is owed by a rich its bierangel cost.
requisites of attracting private count
Britain, to many com capital to the extent necessary
poor- although for 100 per cent development In potentially rich countries for the Colonies.
which she acts 113 guardian, banker and
trustee, says the Standard. Britain has bought from them on credit terms
thousand
pounds' worth of
of goods in excess of what
sold. The
Standard leader continues; "Could there be a more specta- demonstration of the culer prcecial structure known as value of the mighty
there be a inore convincing proof the Sterling Area? "And could of the productivg capacity of
Discussing mechanisation, the report comments that the use of tractors would enable consider ably larger areas of land to bo prepared for at proper time.
the
is a major advantage of mechanisation," it goes on, "for experiments have shown that planting at the best time has the greatest effect on
PRIORITY ORDER
she has
The basis of the complaint is Pakistan had charged a licence that since July 1 of this year,
Leo
exports to on ranim juto India, but had not. levied this on jule exports to any ather country,
fec
ac-
Further, that in June this year, Pakistan had reduced the export duty on raw jute, but had varied the reduction cording to the standard of packing so that indian
im- porters suffered a higher export duty than other countries.
The priority order in Govern ment works is reflected in the following analysis of their £150 million schemes: provision of electricity and power represents, Field."
The report points out that any by value. 24 per cent of the total increase in the use of tractors and rall, road and telecommunica- inactor thrawit implements lit tions, 22 per cent; waterworks, depend almost entirely on 15 per cent; ports and harbour schemes of group or co-operative works, 8 per cent; irrigation and farming.
Such scheme had drainage, 4 per cent; airfield con- already made promising struction, 1 per cent. beginning in East Africa and The concentration of private the Colonial Empire? experiments were being made in company money in a few schemes is shown by the following
Emphasising the urgency "Here is an immense financial the matter, Mr Singh said that Pointing out that there is summary: Northern Rhodesia, virtually no production af approximately £20 million liability which
us no India was the largest exporter causes agricultural machinery in the
copper); (chiefly
Leeward Inancial embarrassment, which of manufactured Jute goods in Colonies, the report states that islands,
million
indeed stands between us and such machinery has, therefore, to
the world and a vital sector of ave financial crisis. And here India's economy was affected grave
I
these palca, nearly
be imported, Figures given reveal
a "striking increase" in
imports since before the war.
30 PER CENT LESS
A total of £6.3 million worth kong, 2344
over
A SUMMONS
view of his government these ac- Mr Singh declared that in the tions by Pakistan constituted an infringement of the GATT ob- ligations.
of
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via
SAN FRANCISCO, LOS ANGELES AND PANAMA..
NEXT SAILINGS
M.S. "ANNA MAERSK❞ M.S. "LEXA MAERSK❞ M.S. "LAURA MAERSK”
M.S.
*
In Port Buoy A2
Nov. 2
Nov. 15.
Also accepting cargo for Portland/Maine.
ARRIVALS FROM U.S.A.
"LAURA MAERSK"
M.S.
"LEISE MAERSK”
M.S. "GRETE MAERSK"
Oct. 20
Nov. 2
Nov. 19
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
is an outpouring of material by the new Pakistan regulations, Pedder Building. resources by Colonies which
have been neglected through the which had come as
surprise.
a complete
Over £B (bauxite
and electr Kenya, millon (electricity che secondary Industries): Hong-years, yet are able and willing
thotels, at the end of million
There these years to
was also a scusonal of agricultural machinery was commercial buildings); Singa-supply £1,000,000,000 of their element, he added, in that a imported into all Colonial ter- pore, £2 million (commercial goods without exacting im- large proportion of the jute ritories in 1930. Although this buildings, secondary industries); mediate payment.
Imported from Pakistan was was nearly 30
per cent loss Federation of Malaya, over £1 Thia is what the British moved in Abbrt porlod over than In 1949, it was 14 Umes as million (eement factory).
Empire is worth to us in terms waterways which later became much as in 1038.
Other Colonics returning
unft for navigation. of hard cash. It is also 'a sum- Kenya, Tanganyika and particulars of private company mone to constructive action by Uganda reduced their imports undertakings (totalling in each those who now realise how of agricultural machinery by case under 21 million), are shameful and foolish were the £1 million in 1050. "This Tanganyika, Cyprus, Britlah followed the contraction in the Guiana, Trinidad and Aden. None long years of neglect. For if the
let Britain have a states the report, show in this survey any details 21,000,000,000 in raw materials, first week of this month, and Nigeria almost doubled her of projects undertaken by private what might have been the con- he regretted that it would imports in 1950, buying £334,000 companies.
therefore be impcesible for his tribution of a developed Empire? of machinery, mostly from the
"Certainly, Britain must look delegation to discuss the matter United Kingdom, compared with SINGAPORE BIGGEST
with pride and gratitude on the in detail at this session of the £ 198,000 in the previous your While Uganda claims the and only £20,000 in 1938. biggest individual capital works thousand millions lability. But GATT.
Malaya's import increased scheme
in progress, the £14 she cannot regard it with satis from
£185,000 in 1940 to million hydro-electric undor £190,000 in 1950.
inking of a public corporation, Singapore claims (in value) the biggest total
of major capital
TOTALLY UNAWARE Replying, Mr Aziz Ahmad of declarca that kis Pakistan,
until the of of India's complaint
Schements of the Groundnuts at the West African Coloni Reglected Empire con afford to' delegation was totally unaware
IMPORTANT MARKET
Laction.
Joan
DENT OF HONOUR
MIL has been Immensely convenient to possess Colonies that were willing to forgo their
on our export. in dustries. demands
According to the Indian state- ment, he said, they had been aware of these measures singe the beginning, of July last and therefore
2.
Tel. Nos. 36066-9.
Dates and zolation subject to change without notice.
At liberty to proceed vin other perle to load/discharge catxo.
Special Fee For Wool Imports?
Washington, Oct. 16. The U. S. Agriculture De- recommended a partment has special fee on wool imports in addition to the existing turiff of 2514 cents a pound.
PETITION
BY GOLD
MINING CO.
Wants To Stop Operations
Manila, Oct. 10.
1 One of the Philippines' big-
mines today
asked
cease
Its recommendation was pre- gest gold sented to the Tariff Commission the Court of Industrial Rela- by Mr Gus Gelsster, head of tions for permission to
Department's Production operations because of the en- the
the Minimum Administration. fereement of Marketing He declared that wool im- Wage Law. TH10 minimum wage is four ̈pesos (US$2) a parts are pouring into the U, S. at prices less than the Govern day.
American ment is paying growers under the price support programme,
The Department recommend
д
C1-
The Atok Big Wedge Mining Company, which operates a area, also mine in the Bagulo ed that the Import fee be asked the court for authority established for 30 days, to be to lay off all its 2,000 employees raised or lowered as the price and labourers situation dictates
Mr Geister did not mention
Bled with the The petition specific import fee figure, but court mid that with the
at the Minimum sold it should be sufficient to forcement reflect the differénce in present Wage Law the "egmpany can market prices and the 90 per no longer continue its mining cent of parity price guaranteed operations for the reason that domestic growers, plus carrying it does not count with sublin charges incurred by the Gov- funds to meet the heavy lossed ernment in administering the that will surely be incurred and programine-Associated Press to pay its employees and la- bourers the amount of salaries and wages required by the law
and the Indian Govern- It is interesting to noto that works for any of the territories.
ment had had ample time in Hongkong's purchase! of This is £53 milion and is in
which to comply not only with machinery are almost negligible.
the rules and procedures con The Colony's imports of £1,000 respect of Government, C.D.C.
and private works.
cerning adoption of items on the worth of machinery in 1950 are
"It has been convenient to agenda but also with the essen- In addition. Singapore returns on the same level as in 1919.
nearly £10 million in respect of treat those Colonies with less tial provision of Article 12 of GATT. which lays down The West Indies as a group C.D.C, schemes. Airport develop consideration than we have given the
that bilateral consultations must has maintained its 1949 level, mant (over 23 million), hous- to countries whose face we have taken place between the British Guiana increased hering schemes, community centras, cannot control. But it has meant Imports from £208,000 in 1949 electric power stations, water that the development of the two parties concerned prior to
But Bar- supplies to £220,000 in 1050.
help make-up the Colonios has been postponed at the matter being brought before bados, Jamaica and Trinidad millions of pounds invested in the very moment when the a session of the GATT. purchases were slightly less it
this Far East city's development value of that development has 1050 than In 1949.
As to the alleged urgency, proved. boen gloriously programme.
declared Mr Ahmad, according to "Although the peak figures of Northem Rhodesia takes second "Bellain has a commerciel debt India's own clans the only pur 20.00 20.70 7200 or 20.40 1040 may not again be reached place with a total of nearly £20 towards the Colonies which she chased 20 per cent of her total far some, time, the report consmillions (including, of course, will scrupulously discharge. It justo requirements from Pakistan. cludes, "it is clear that the approx. £20 million from
He also drew attention to the Colonial territories constitute an companies).
Third is Uganda. 145 100, a debt of honour which
weight heavily on her conscience act that after the non-devalua- total of £75 Important market for agricul which returns
It must now be a matter of tion by Paldistan in September tural
the machinery."- London million
£14 El pelley purpose of Government 1940, india dish not purchase any Express Service.
Other totals are: Nigeria, over word with exports of capital) for a long time> £20 million; Kenys, 12% goods to the Colonies so that
Mr Ahmad odded that the In- be enriched;" and million; Jamaica, 20% million; they may
fringement of GATT Doncfits had "And so that Britain may be not been discurred by the two
countries. enriched and strengthened with tiran."--Lopkkan Supreme Service.
·600 @ 20.70
6500 @ 6.50
3112
1514
Star Ferry
211
C. Light (0) 919
500
DI
1000
2.88-
5500
$15
$500 7 *0.85
C. Light (N) 0.45
Electric
MacDo Telephone 1715 INDUSTRIALS
Cement
2000 BAD
-
Rope
Elec. 1000
(t)
.... 17.00 10.20 1000
74-7412 .76-7434 STORES, ETC.
rul
Dairy Waloon
0814-24
Spot rubber, unfale
Slanjeet grepe No. 2, pale "etwp
043-33
1005 10.80
30 17
17.00 200 17.90 5000 10
201
Trade Fair In
Philippines
hydrotein project).and people alike-to pross for- jute whatsoever from Pakistan
over '20 million; strengthened. Tanganyika, Trinidad over £5 million.
POWER SCHEMES Under the heading Electricity and Power schemes, Uganda is at the top with her 214 million hydro-electria pro-
Colonies with schemes Other
Manila, Oct. 10. Thailand will definitely. par ticipate in the 1955 Philippines International Fair, 1000 1200 m 19.00 Mr Arsenion Luz, Director Jock 20.30 20.30 1190 0.70 Ceroral of the Fair has been
LONDON TIN
MARKET
The petition sald that with
the establisiunent of the four- the com- peso minimum wage
a
Exchange Rates exports to India was in fact January Prices closed at the payroll increase of 40,000 pesos
London, Oct. 10. The tin market, was dull anil pany would be operating under Turnover a heavy loss." It walden- Mr Singh, speaking again, easier this morning.
the of
Minimum said that the question of discri- was 30 tons, including 15 tons forcement
would mean 15 tons for early Wage. Law minatory levier
on raw Juto for cash and
monthly. rafted" in the July trade iplke end of the official morning ses
sion as follows between India and Pakistan and Spot tin, buyers Business was done in the local that in his view consultation had Spot tin achSpot tin, o a 2000 informed by that oftende tot include Northem. Rhodeste, wachen wing rates is taken place but without Rach-sustress done at ve
20.45 200-125.40 most
a' satisfactory” result and Three-months tin, buyers 6005050 likely be a replica of the temple Nigeria and Malaya, each with US dollar per a bow 10.00 therefore the mailer had been Three-months Un, sellors. [email protected] that, Thailand built, in the last capital of over 24 million ing note: (per 21).
Indonesian guilders....(ber 100); 10.50
deal: 'with "lis; accordance with Business dono at 2.43. 2.00 1000 0 2.45 International Fair in Paris. It volved; Kenya, Cyph Malta, lam tenis (per 100)
Artielo 23 or 18.10 would be much bigger than Trinidad, each with capital of Singapore (Biraits),
11Reuter. that built in France.Router.
|FIC plastres-(per 100) over £1 million involved,
2014-07 TER 7414 COTTONS
Ewo MISCELLANEOUS
Irt Films
18-דעי
-United FrEK),
$0,000...700
*0
GATT Settlement:
"An‘official of `Alok Big Wedge 900 907 said the company was not in n 107 position to absorb this increase. 940 in operating costs.,
"nil {ez! The - pelition "sought-permis-. 987) sion to stop operátionis on Presum. November 10——--United Press,
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