1952-11-25 — Page 9

MESSAGERIES M

Arriving

THE CHINA MAIL, TUESDAY, NOVEMBER 25, 1952.

MARITIMES Communist

M

Leaving

"LA MARSEILLAISE” „Beč. C tter. * "FRY-HILL"

Outward For

"PEI 10"

"LA MARSEILLAISE”

*"'MÓNKAY”

· Jan. 28 Jah, 24

Tokobama 2 Kode Japan

}

Homeward. For

Dec.

Dec.

b

Deo. 1

Dec. 1

My strica a Europe Marsbliska Vla Manilh

Jan. *

N. Aftica & Europe

For passenger and freight.

་

For freight to Salgon, Marseilles, Algiers, Tangler, Casablànën, Havre, Dunkirk, Antwerp & Rotterdam,

• Accepting cargo:

-vla Marseilles to all Mediterranean & West Africa Ports.

via Djibouti to Madagasent.

Subject T. Changs Witham Nottek.

CIE DES MESSAGERIES MARITIMES

P.O. Box 55, Hongkong

Queen's Building (gr. floor)

EVERETT

Tel. 26651 (3 lints).

LINES

EVERETT ORIENT. LINE

Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Siam, Malaya, Rangoon, Calcatta and Chittagong.

"NOREVERETT”

In Por!

Salla

Loading

Nov. 25 for Kobe, Osaka, Hirohata,

Yokohama & Nagoya,

"REBEVERETT”

Arrives Balla

from Manila.

Dec. 10 Dec. 11 for Singapore,

Rangoon

على

(Accepting cargo fór framhiptment Kobe/Pusan and Kobe/Okinawa)

Penang, Calculta.

EVERETT STAR LINE

Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Siam, Malaya, Colombo, Bombay, Karachi and Persian Gulf Ports.

M. S. "THA!"

In Port Salts

Loading

Nov. 20 for Kobe, Osaka, Nagoya, Kamaishi & Yokohama,

M.5. “STAR ARCTURUS”

Arrives

Sails

Dec. 11 from Singapore, Dec. 12

Kobe for

& Yokohama,

(Accepting cargo for translijpment Kobe/Pusan ka? Kobe/Okinawa)

EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telophone 81206. Chinoru Départment: Telephönd 28293.

S'pore - Indonesian Trade Threatened

Singapore, Nov. 24.

A serious dislocation of rubber trade between Singapore and Indonesia is. threatened, local importers believe.

Reason is the Indonesian Consulate's formation of a board to handle all rubber imported from Indonesia on u consignment basis.

The Indonesian Trade Com- Last month 1,000 tons of rubber missioner in Singapore, Inche were imported into Singapore Taher Ibrahim, informed traders from Indonesia on a consignment here that from November 1 the basis. issuing of delivery orders to Jocal Importers

of consigned rubber would be stopped.

Instead the rubber will be Imaded over

The present move does not affect rubber imported on letters of credit or a barter basis.

Trade sources ace in this move

£ board to that Indonesia is attempting to stop the drain on foreign

receive, weight and import it.

Jup Cotton

Consumption

exchange through the shipment

of overweight cargoes. It was learned that

corgoes

on ships from Indonesian porls and cargoes on the dockside have sometimes

by been peized fudonsian authorities when found to be in excess of the bills of lading.

Under the new aystem, volun- Washington, Nov. 24.

tion will be made by two The Agriculturo Department estimates that Japanese spinning surveyors but the final decision mills consumed about 160,000 will be with the Indonesian Con- bales during September, an Insulate. crease of 6,000 OVET

18

Austrian Bid For Trade With Orient

Austria

Manila, Noy, 24. The primulich bi Thude and posibly

the establishment of WiBlondhtis Felations between the Pallippipes

and will be discussed this week with foci officials business kroups by a six- man trade mission from that country,

and

The distrõdure was made by two Austrian Govern ment officials, composing the vinsur of the ide delegation, who arrived here today from Vienna vis the

United States, They are Dr Carl Bobitler, Counselise of the Austrian Foreign Office and head of the group, and pr C. Tomielten, Economie Advisor.

EdLAY

The delegation, the first From Austria since the war, will stay here three week after which they will visit other Far Eastern countries. -France-Fresse,

Prosperity Of North

Borneo

London, Nov. 24. North Borneo has risen like 血 phoenix from its ashes.

Nations Showing Increasing Interest

In Trade With West

London, Nov, 24.

The growing interest shown by the Communist bloc, especially Soviet Russla, in developing, trade with Commonwealth countries is spot- lighted by New Commonwealth in its current issue.

Two events in particular-East Germany's Leipzig Fair and Soviet Russia's Communist Party Congress-have both underlined this interest, .writes Mr John Cardew in a special article.

"Stuce the end of the war the Leipzig Fair has become the most important shop-window of the East, and this year overwhelming emphasis was on heavy th Ulustry," Mr Cardew continues.

"China mude hef first ap-and Ceylon to supply jute, cotton, Dearance machinery,

CX

15.11 exhibitor of rubber and other commodities and, while these against Soviet deliveries of heavy goods were not For sale, their equipment and machinery." significance, In the words of a

Soviet Russia's Berlin newspaper, was that they documented China's new pro- ductive capacity."

on

blaming

both this and last year, to

expand her trade with Com- monwealth countries in Asia Mr Cardew continues:

"Two aspects in particular of the economie conference held in Moscow last April have not re- colved the attention they deserve in the West, especially in the Commonwealth Commonwealth. First, there was

Cheerful

Business

Outlook

Washington, Nov. 24.

The mid-Autumn business pie-

Page

ROYAL INTEROCCAN LINES

AMILINUS;

·AS JAKAYEN;" WEMATANT, WATAHAN A

Macamar Bingapore.. Penang & Belawan Dati Manlik,... Mângapara, Pinuriilus, DANIELAS, KEMATIKE, - BUIABAIK -- I STÁRABE, M. Ánfti à K. Abies

Diskarta,

courahkik a Alackerat

TIWAND “TJIKAMPERA

TASMAN"

WUg

*BOMBEVAIN”

TASMAN TIWAND

"THIBODAS".

~RUPA"

»VAN NEUTIĆ“ "TJILUWAH"

ba.

Dec. Dec. 5

'TEGELDENO”

→TIIPANAS“

*STRAAT BOENDA"

Dec.

"TILUWAU"

Dat.

•VITJALENOMĀ”.

Des.

Jap:

Dec.

Jeban

"TJIMENTENG"

Dec.

Japan

酢 で

Зарад

this.

HINTAT

Diakita,

JAK. 1

Macasar

Jan

П

Stanlia, & ingapore)

Jan.

10

Jan. 18

*TİHANTJET" "TASMAN” *TIPONDOK“

Jan. 19

Jatt.

10

Jan.

23

"TJIWAŃĠI"

"BTRAAT

MAKABBAN

Feb.

"IJITIALENGKA"

Fob.

*TASMAN" *THIDANTJET"

Feb.

"TSIMENENG" “TIILUWAŽIŠ

"TJIKAMPEK”

***IWANGI"

-BOISSEVAIN"

rob. 11 Feb.

fel.

Mar. t

STAF.

*

Bebläräng.

Sematants

Djakarta.

Hemarang,

BUKSAK A NYSEARCAT

Dikria Bemaranh surabila

Mauritius, B. Afiica & §. America

Singapore, Ei 'à 11. Aftĺka

Singapore,

Burubala & „klorassar

Japan

Bingapore, Penang & Delawi's bett 1JKATA BARistätig. Barabala,

METADAT

Bingapore Bjäkirla. Bumatang

Surábaja & Matarkas

Japkh

Singapore, Djakaria,; Mauritis,

5. Alica, di N. America Jayan

Djakarta, Semarang, Surabela

stantia, singattare, #. & 6. Atrita Singapore, Djakarta tising,

Barabain & Macker

Dikkart Berak, Volkbaik, d

Semarang,

Macassar

Singapore,. Diskarta,

Barábala Macessar

sah 11,

Braurtijns

Singapore, DJAKATIR,

Africa

Mr Cardew

goes on to say that there can be little doubt, that, when the Russians begin to face the problem of finding new markets for their "surplus goods," they will have a specially keen cyc sources.

"Mainly

a special session devoted to trade ture in the U.S. Is rosy for both because of Enstern with under-developed countries industry and the consumer, the Commonwealth raw at which Indian and Pakistan and production are rising, prices 3 WANG interest in

eCommerce Department says. Sales materials," he adds, "the trade of delegates-many of them in and unemployment declining. thic Soviet bloe with the Com-dustrialists were

ere the dominant monwealth is already extensive spokesmen.

The November survey "What is generally overlooked Eastern

OF current bushess by the Depart is that while British trade with backed up previous Soviet

ment's Office of Business the entire Eastern bloc is only Mr Cardew then lists some of Economies said the offers made by Communist duetion moved

Industrial pro KING'S BUILDING, Ground Floor bloc States to dustrial and farm, products for produce from Asian countries.

about one-sixth of the pre-war volume, Soviet, East European and Chinese purchases from the whole Sterling Area have greatly Increased comparted pre-war. level....

with the

'TWO ASPECTS

Secondly, Communist

other

trade their In-

THE "ANSWER"

countries - WES

up in October

B. America

ARRIVALS

From

TASMAN" TEDELBERG" Dec. #TSIPAÑAS"

Nov. 28

bet *

NACARIAT. Burabois

Bersarang

Djakarta biokayoja

Japah

Japet

bet. 1

Japan

TEL. 28016/18.

month. and was still rising early this emNESE AGENTS: 82 CONNAUGHT RD, C. TELS, Ž1190, 28138,

Mills turned out raw steel in record volume and more cars rólled bff assembly lines.

"Personal Income has con

tinued to rise," the survey satd. "Consumer spending was main- tained"

Referring again to the Leipzig ¡Fair.

he ads: "At Leipzig heavy "The raw materials they need stress on taattin industry as the This is the way the 1951 anand will continue to need answer to the problem of the nual report for North Borneo come very largely from the Asion

under-developed

September retail sales 'of cars describes the rapid expansion of Dominions and Colonies, and the

again apparent. There were increased

and were sharply the Colony's trade since the reasoning is probably that, evet some 48 visitors from Asia, In-chiefly responsible for a three liberation from the Japanese..

in the event of the worst stump cluding India and Pakistan, com- per cent rise of all retail sales In the metropolitan country,, fpared with about it from Britain during the month. will still be possible for countries like India, Pakistun

The value of imports ond ex- ports in 1951, represents an in- Crease of 33 per cent over the 1050 Agure, and an increase of 156 per cent over the figure for 1949.

The value of exports reached nearly £13.3 million compared with £1,98 million only four years ago.

Although the high price of rubber played a large part in this increase, other principal tx- ports rose in value, too,

FIRST TIME

рет

Exports of timber, for example, increased by Y cent and copra exports by 25 per cent.

the

For the first time since end of the war, North Borneo's revente showed a favourable balance over expenditure.

There was a surplus of ap- proximately £330,000 com- pared with deficits of £68,000 in 1950 and £700,000 in 1949.

But prosperity brought new problems to the Colony.

In Jesselton, where the num ber of lorries, buses, taxis and

HONGKONG

SHARE

MARKET

(From Our Correspondent)

80 from

the

US

1

noted The Department weakening in the price of raw materials-a three per cent drop in Octobe

October--and a

a dip of two per cent

sent in prices received by

and

He noted that the interest of the East Germans was not alone devoted

to the under-developed Commonwealth territories. For, on one occasion during the Fair, farmers.. the official report of the day's activities claimed that greatest interest entong overseas buyers came from South Africa, Canada, Australia, Pakistan and

Indonesia.

and Australia

South Africa wure hot directly represented at the Fair and Inquiries were made through British arid American Intermediaries,

Germaning among

the East Business done on the Stock

was textile exports Exchange this morning bunt-

The Germans laid Cd to $110,760.00. Non quota- machinery.

work in tons and the morning's trans- emphasis on precision actions:--

manufacture, which they claimed ave them an advantage over the which concentrated

on

SHARES DUYERE BELLERS SALES US. BANKS

K. Bank. 1435 1440

10 @ 1423 quantity production. They also 140 claimed an advantage in delivery East Arja

times.

INSURANCES

160

243

H.K. Fire ...

100

Conton Union ........ Underwriters

other véhletes Increased sHIPPING enormously, a Road Transport

Arla Nov

CHEMICAL EQUIPMENT

declines at the producer level normally foretell a drop in retall prices. The cost-of-living index hed already declined· ä modest 0.2 per cent, the first dip ginee February, Associated Press.

Planning Tea Promotion

Colombo, Nov. 24. A conference of representatives of the Governments of India and Ceylon, the two

major producing countries, and presentatives of the U.S. Tea Association

La expected to be held in New York on January 12 to settle a programme for the promotion of Ceylon and Indian Agreement in principle for markets, claiming that India, Pakistan, Australia and South such a programme has already India Africa could neet many of their been reached betwech

In respect of chemical equip ment, they were both ready and

Commission had to be appointed Bycks, E 1.5 1.08 1000 @ 1.50 eager to discuss Commonwealth tea in the United States.

to triquire into the need for hew traffic regulations and controls.

Rubber Futures In S'pore

Singapore, Nov. 24. Prices of rubber futures.closed. today as follows:

Number 1 rubber, per ih.

December

Jamiary February Number 2 rubber,

December Number 3 rubber,

December Number,& rubber.

December ******* Spot rubber, 'unbaled Blanket repe No. 1 pale crepe

67%-08!! B775-001

83%-8413

10-6031

X. Wher

N. Pl. Wh2 635 Dock

Provident Wheelock

LAND, ETC.

bits

20.70 20 NO

200 @ 12

12.50 12.50 2003 @ 12.70

2001.

2001

+

SEK, tfater v. 6.30 6.83 H.K. Land

(Old)

Sihat Land 1mphy UTILITIES

Trem

Star Ferry

1000 2

14 155 2008 @ 1.3 13.10

20.90 3500

300

$0.00

21.

requirements in East Germany. and the United States

Furthermore, the East Germans Association,

Gre

stood th the prhsciple

It

13

Tea under-

Diso

A

concentrating on the pro- duction of complete plants, and Council will be formed at the

and was accepted by Ceylon.

it is on these that they base some

of their highest hopes of edging conference to their

way Into Commonwealth motion markets, Mr Cardew points out,

And, while East Germany 7 16 pushing her sales of special light

200 o to bo industry

1500

products, Increasing

116

100 137 stress is also being laid on the C. Light (0) PA 100091ability of her heavy industry to play a complementary role to 6.0 0.50

development 23.20 23.40 2661 & 23.30 | Commonwealth

17.70

schemes.-London Expres Ser-

C. Light ( Electric

Telephona

Telections

7574-774 INDUSTA 3.80 300 101 to 3.80

77-70 08-73 United PTCES.

Not Interested

Londen, Nov; 24. Twenty-five Japanese Busl- nessmen and one Woman, ning around the world on a quest of Ideas, arrived in Londoes fast night and announced they were

in by-passing Britain that

there is nothing to interest us

Cement 18.30 181 1800 gẹ ì8.30 Rape *** 2020 STORES, ETC..

Dairy .... 10.00 Watson Sinceres

30 COTTONS

20 1000

19.90

25 @ 2.00

2.30

1000 @ 29.30

4000 KF, 230

New York Sugar Futures

New York, Nov. 24. World sugar futures closed today unchanged to a higher with sales totalling 50 contracts Contract No. # closed up:

0.00 tid

in Britain, Noriyuki Tanaka, changed with sales totalling 32 the leader of the group, told contracts. reporters.

Prices closed today as fol The Japanese will spend today towa The

Overbeas sightsbeing in London and will Singapore

Contract No. 4 (world) the United States to January Chinese Importers and Exporters ny to Japanese mill consumpion

March Association, it is learned, will morrow,Associated Press.

MAY running at a high level with a

lodge total for the 1951-52

July a strong protest with the season

Government on

Beptember amounting to 2,000,000 baler Singapore

October JAMARTY- compared with 1,500,000 bales Indonesia's latest inove-United

Spot

Contract No. January March May London, Nov. BE.

bonds opened July

September

in the previous year, and thei situation is attributed to the high domestic demand.

Japan is planning, to increase exports of spinning machinery to certain arens particularly in South-East Asia · and Eatin Americu. to supplement the

Press.

LONDON TIN MARKET

London, Nov, 24...

The un market was steaky, this

JAPANESE BONDS ADVANCE

Jahancso

strongly on the Stock Exchangy | November.. today Hollowing Eto, fötinal | Spot Japanese debt service offer.pub

turns from the textile, export morning manover was 10 tons, lished in the morning papers.

trade.

As

of Beptember 30, there closed at the end of the umelal

- the terms are un..

the Informat

vice.

Pakistan Drops Hint To Japan

qu

Osaka, Nov. 24. Pakistan will be obliged to seals, markets other than Japan for goods it requires if Japan falls to purchase the new crop of Pakistan cotton In

large Mr K. H. Rahman qugntilles, hald here today.

Rahman,

Commercial Bócratary of the Pakistan Em- balay, told members of the Osaka Chamber of CommerCO and Industry that raw cotton is Pakistan's main source of foreign boxchange with which Pakistan oblains commodities needed for 7. the industrialisation programme

How in progress,

Despite the fact that Pakistan has lifted.

for the barriers Japanese goods The Japanese Government has for the past four monthy failed to make any proć in purchasing Pakistan cotton, he said.

The repercussion is so great As to autoct the future trade iek

between lations betw

the two countries.""

105 nominal

3.50 bid 5,67 bid

*Uplied. PreRs.

Exchange Rates

including 60 tons for cash. K | AMery

for resumed Funamičiel

established. nów

was a total of 8,074,000 operable morning session ex follows-

Colton pindles in the Japanese Spot 4, biyentaka

Industry, an increase of 84 JOD

'ASTE.!

ever the previous month. Themes done its debt servic

number of 'apindles' acfdäily #öpürätyd during· September was

6,643,000,-United Fress,

pre-man na um, Buyers 911.

Chree-months-in, sellers (24414 Businom done at

Buttlement.

roschöd taller the Bukrem was done in the lock

EXCOANED matiket this Tromming at the foljówią, zutungan 135, dollar (per $1) SULAWEB.Od

Mr Rahman weld that although 177his Government is disappointed i

Tokyo, Electric Jumped £7 to sterling, noie per per 1000 by Japan's attitude, it stil places £101% and 1090 a £0% to Indonesian guiders (per

Sium :llenisti per 300) (-2400 railty In - Japanese - traders, Singapore{B!e££%)- FIL plavires (per 100)

A172. Others were up from £2 to 20-United Trosz

ImUnited Fresa.

carry out pro

of the programme.--

United Press.

LONDON RUBBER

London, Nov. 24. The rubber market was quiet. Prices closed as follows:- Number 1 rubber, la penes

per lb December

January/March *April/June. July/Beptember

United

MAERSK LINE

FAST FORTNIGHTLY SERVICE To

NEW YORK, DOSTON, BALTIMORE & PHILADELPHIA Va SAN FRANCISCO, LUS ANGELES AND PANAMA.

NEXT SAILINGS.

M.S. "LEISE MAERSK" M.S. "GRETE MAERSK” M.S.

"JEPPESEN MÄERSK"

ARRIVALS FROM U.S.A.

M.S. "JEPPESEN MAERSK”

M.S.

"OLGA MAERER"

M.S.

"HULDA MAERSK”

Dec. Dec. 18

Jan. 2

In Port Buoy A8

•Dec.. 18

Jan. 8

or Freight and Further Particulars please apply to:

AGENTS:

JEBSEN & CO.

Peddér Building.

Tel, Noa, 86086-9.-

Dates and rotation subject to change without notiek.

At party to proceed a elber poils to load)ðischargé cargo,

LF

BUSINESS REGULATION

ORDINANCE 1952

Copies of the prescribed Forms 1{a) 1(b) and 1 (c).....

Now On Sale at S. C. M. Post, Ltd. HONGKONG AND KOWLOON

TEN CENTS EACH

NORTHWEST

AIR CARGO

SEATTLE, CHICAGO, NEW YORK Detroit, Cleveland, Pittsburgh, Washingtan Cervations to Cantoria and All Mejor U. B. Chikk

Through Service, in Conjunction with Hong Kong Airways

Fint Floor, St. George's Bldg., Chuler Road, Hong Kong

Phone 28171, 32650 or four Travel Agent

Hong Kong Airways

AND

Northwest Airlines