1952-12-24 — Page 9

MESSAGERIES M

"FRY-IHLL”.

MONKAY"

+"DREST"

*LA MARSEILLAISE”

* THE CHINA MAIL, WEDNESDAY, DECEMBER 24, 1952.

MARITIMES Stabilisation Of Wages And

Arriving Leaving

Jan. 24

Jan. 20

.JAM. .reb. ค

1

Jan.

Feb. 12

For passenger and freight.

Feb, 10 Feb. 15

M

Qutward For

Japan

Homeward "Yor

N. Africa & Europe N. Afties Europe Aturvellies via Manlia

1 For freight to Salgon, Marseilles, Algiers, Tangler, Casablanca,

Havre, Dunkirk, Antwerp & Rotterdam.

Accepting cargo:

-via Marseilles to all Mediterranean & West Africa Ports.

--via Djibouti to Madagascar.

Subject To Change Without Nollee,

CIE DES MESSAGERIES MARITIMES

P.O. Box 58, Hongkong

Queen's Building (gr. floor)

EVERETT

Tel. 26651 (8 lines).

LINES

EVERETT ORIENT LINE

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

"NOREVERETT"

Arrives Solla

Dec. 26 from Manila. Dec. 27 for Singapore, Rangoon

&

Penang, Calcutta,

"BRADEVERETT”

Arrives Sally

Yokohama,

Jan. 2 from Singapore. Jun, 3 for

& Kobe

(Accepting cargo for transhipment Kobe/Pusan and Kobe/Okinawa)

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. "STAR BETELGEUSE”

Arrives Soils

Dec. 30 from Singapore, Dec. 31 for Kobe & Yokohama

M..S.. “STAr arcturuS"

Arrives Sails

Jan. 4 from Japan. Jan. 5 for Singapore, Port Swellen- ham, Mudras. Colombo, Bombay. Karachi, Kharram- ' shahr, Bosrah & Banrein.

(Accepting cargo for transhipment Kobo/Pusan and Robe/Okinawa)

EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telephone 31206. Chinoso Department: Talophone 28293.

Problem Of Dock Labour In Britain Seems Insoluble

The dock labour problem has the appearance of being insoluble under its present terms, says the "Financial Times."

The fluctuating nature of dock work means that some labour reserve is necessary to meet any rise or fall in activity.

Equally the docker demands ; mant" register for

war.

*

certain

or

the assurance that he shall not period, after which they, will be return to the system of casual given the option of reinstate- labour which existed before the ment on the "live" register

of leaving the industry alto- The National Deck Labour gether. Scheme was intended to provide If they

are recalled in this assurance avid to a great and fall to return within six extent has done so.

weeks they will be removed

As long as activity at the from the register.

docks was more or less stable

the Scheme could work reasonably well, but its limita

CEUX OF MATTER

1054

In theory this plan could pro- tions have been clearly exposed vido a solution to the present by the decline of trade experl-probieni enced this year.

But the crux of the matter lics The number of dockors prov-in the number of men who wil ing attendance without obtain be prepared to leave the indus- ing work rose to 17,000 in Octo-try voluntarily, who will be able ber (compared with an average to find alternative employment of unler 5,000 in 1951) and fell in the area in which they now only slightly below this figure work, and, having left, will be In November.

prepared to NOT ACCEPTABLE

It may prove that only the This situation can be accept younger man will be tempted able neither to employer nor to find other work, so leaving the docker. The cost of the dock problem of the age of dock Inbour levy to the port em-workers-in 1051 more thi ployers is now in the region of quarter of the dock labour force £70,000 a week; and the docker was over 40-still more exute.

substantially.

These difficulties must be re- receives

than

lower

Demand For

Tea On The Increase

London, Dec. 23.

Demand for tea în Bri-. tain has shown an encotir- aging increase in the past three

wrecks. writes the "Financial Times."

At last week's Colombo

auction, the large quantity of 51⁄2 million lbs was on offer and met good de- mand,

According to Gow WII- sen, London ten brokers, there was a strong and active demand for all descriptions at the Ceylon auction. Prices were generally Id-za dearer than the previous week,

As a result of the in- creased demand, a sudden

to movement

buy Lea Ehares is reported.

With the market short of stock, price, advances in shares were sharp-London Ex- press Service.

Subsidy On Flour May Go

London, Dec. 23. The Food Ministry is prepar- ing a scheme to hand over trad- ing in flour, cereals and feeding stuffs to a free market.

This will be the biggest switch from State to private trading yet enrried out by the Govern

ment.

It will invalve complete de- of feeding stuffs and control ceresis from next nutumn.

Talks are going on with re presentatives of the Fermers' Urion and of the flour and grain trades.

The scheme would return to private trading about £300 ml- lion worth of yearly imports of flour, wheat, coarse grains and feeding stuffs.

Decontrol of wheat and flour prices would probably go hand- in-hand with the dropping of the £40 milion four subsidy.

HINT TO MILLERS

If this is removed altogether It will mean a risc of 44d. per hend in the average weekly expenditure, and a jump of 1 points in the cost-of-living index.

The Food Ministry is re- ported, recently asked millers not to deliver to customers in any week more than the average weekly deliveries

for the 12 months ended August 30, 1052.

"This is generally taken to be the forerunner of a

reduction, of

Profits To Raise

Standards Of Living

BRITISH MANUFACTURER'S SCHEME

London, Dec. 28.

The increase of £2,000 million in wages and incomes-in the past four years, approaching 20 per cent,, has bloated production costs but has. brought no commensurate improvement in our standards of living.

}

This is the point of departure for a provocative individual inter- vention in public affairs reminiscent of some of the activities of Henry |--Ford: "

The intervener, as it happens, is the former business associate and intimate friend of Ford, Harry Ferguson.”

Campaigning In the Press, on the screen, and shortly on the public pintform, Me Ferguson, neting Independently so far of political parties and nallonal organisations, seeks wage and profit stabiilsation as an initial step to force down prices and reise living

standards

Last week sat in the library of the Gloucestershire country house from which Mr Ferguson directs the tractor empire" that now stretches Into most coun- Iries of the free world, and la the basis of his immense per- Fonal fortune.

THE RIGHT IDEA

There are none of the trap

Hisation of incomes and prices would be fatal in a free country like ours.

PRICES PERIL

"Let management and the unions get together. Leaders on both sides know, and have dis cussed with me, the perils of the

BRITISH

LOANS AID

CANADA

rising price system. The average British working man knows, too, in his heart that the system of ever-increasing wages and prices is bad. Lei them negellate in cach com-

London, Dec. 23. pany and factory an agreement British money-about £42,- for, say, three years stipulating | 300,000 of 11-s, playing a big

Stabilisation

wages and part in the expansion of the salaries at present levels;

Canadian aluminium Industry. Stabilisation

distributed of

United Kingdom 10ans

aro profils at the level of the last helping the Aluminium

Com- pany of Canada

bulld a mammoth

of

pings of power expected of one full youillonat earnings to ve

used primarily to reduce prices, but where they do accria to schemes be ploughed, back in and machines to raise produc- tivity.

10

coast

who

All earned the transatlantic

Smelting plant at titlo

Pacific of "tycoon" in Detroit,

Kitimat, on the and to enlarge the

company's where the tycoons come from

plant at Arvida, Quebec. No bust of Napoleon adorns the wall. Lincoln-is his..hero, and

The Kitimat plant will start production next the framed Gettysburg address catches the eye as you enter. Today his time

scrve

summer

at

"It is important" he added, 85,000 tons a year-rising soon

to 500,000 tona. and fortune "that where earnings are direct- the project which bely related to output operatives

outlined to me.

"I do not believe the Com- munist milltary threat is any thing like as serious as their economic threat," he said, "Our victory must be economic. Wo must raise the standards of life of our own people, and the free peoples of the world, to a point the Communists cannot equal, let alone surpass.

"There is no hope of raising

standards living

by giving people more money, clared. "That can lead only to disaster. The right idea 19 to make money buy more. We must stabilise incomes as the first step to stop. price in- creases,

ho de-

"I know that both political parties are interested," he said, "I know that foreign Govern ments are interested. But if we wait for Government Initiativa we invite Government Inter- ference. Legally enforced stabl-

Increased Activity

In Wool

or perhaps disappearance, the flour subsidy.

Boston, Dec, 23. Feeding stuffs, including All There was some gain in ne- coarse grains such as maize and tivity on worsted types of wool the Basion market, but barley, are expected to be de-on controlled by the end of March. "nothing to get excited about," Eggs come off the ration In according to the Commercial the spring,

the two Bulletin.

and

developments can be taken ая The Bulletin sald: "But, com-

parts of the same Government policy, Farmers will then have greater freedom to buy poultry food to boost production.

Decontrol of four and wheat will follow by September,

WORLD PRICE

decontrol

ct

year-end, when ing near the quiet is the rule, such a moderate movement was couraging to the belief that the mill outlook for worsteds 13 better.

"Argentino fine wools have recently had a good play in this market, but evidently the move- ment has dried up pending

should be allowed to earn as much ns they can, and that there should be no check to In- creased earnings due to promo- Uon."

KILL CRAZY SPIRAL

and Incentive

metal at 450,000 tons a year.

Arvida is already pouring out

Most of Britain's aluminium canes front

Chanda.

For the next 20 years Britain has the option on 260,000 tons

aluminium from the Cana-. dlan company.

la

of

Of the capacity of the British

Already she using that woman to working man and equipment produce when there is adequate option in deals with the United pro- Mr States where aluminium Ferguson has striking proof.

duction has fallen off. Britain The Panner Lane factory of the Standard Motor Company, scrap steel. which manufactures the tractor

In

s hartering aluminium for

in England, is one of the most Generators For modern in the country. Amerka a plunt has beati bulli since the war and is even more modern.

20

Four

-Indonesia

New York, Dec. 23. steam generators-first

Ο

Yet: tractors from Coventry can be delivered all over North and South America, except in of their kind to be exported- the United States itself, more have been shipped by the Tex- cheaply than from Detroit,

Corporation to Sungei In stream

Sumatra. Indonesia, Canada the difference in land- Erong, ed price is about

Standard-Vacuum cent.

where per

Co. will use them to drli have a glorious op- portunity arising in the

wells Com-

and operate monwealth," he continued, refinery. management and mon will Texstream will send · repre- strive together in harmony and sentative to Sumatra to super- enthusiasm towards higher out- | vise Installation of the equip- put at lower cost Britain can ment and train_men to operate be both secure and prosperous." It.—Associated Press.

Bright

In

ROYAL INTEROCEAN LINES

AL

To

Vokohama, Yokkaicht,

NARAYA

Bingapore. Djakaria, Bemarang,

Hurabala & Matamar

SAILINGS.

"TJİMENTENG. ~BOLLERVAIN"

TABMAN" "WIWANGI"

11. 2

Kobe

10.

Bee. 29

Kobe & Vokohama Japan

Jan. +

"RUTI"

Jan.

“TJIDODAS”.

JAR,

"VAN HEUTIZ"

Jan.

10

"TARMAN"

Jon.

"THLUWAR*

Jan. I

TJITJALENGKA" 400. 22

#TASMAN" "STRAAT

MAKASSARS "TJIKAMPER"

"TJILUWAN"

*

stantis, Benespora, Djakarta,

Mauritius, H. Africa, & B. America -. Jakarta Semarang, Hurabala

Macassar

Singapore, Panana, Belawan, Delt,

Réunion & Br. B. Atelca Aingapore, Penang & Belawan Delt Bingapore, DJakarta, Semarang,

Parabula Macostar

Kingapore, Diakurta, Sanctie,

8. Atélen & 8. America

'Djakarta

Marastar

Bemarang,, Aurabata

&

Hlagapere, Djakarta, Bomaradz

Surabala & DinGATSAT

Japan Герал #jaketa,

Remarang, Aurahaia A

Явываюте, Djakarta,

Barabaia Masaakar

Semarang,

Baula. Angapore, F. & S. Africa

H. America

Alngapore, Djakarta,

"TJIFONDOK"

*THIDANTJET" **JIWANGI"

Jan.

Jan.

Japan

Yeb. 2

Feb. 4

Feb. 7

Feb.

Feb.

-10

"IJIJIENŢING"

"DOISEVAIN” "JIDAŃTJET"

Feh.

12

Feb.

Feb.

"TARMAN"

23

Feb. 23

"STRAĄT SOENDA" Fab. 20

"THWANGE:

hlar.

2

"TJISADANE"

Aar.

Mar.

10

atar. 17

Japan...

MAT. 22

Apr. 2

"TJILDWAT"

"TASMAN” "STRAAT

#THWANGU"

MAKASRAN"

"TJIMENTENG"

#TARMAN" "BOISSEVAIN"

"TJIWANGr""

In Port

ner.

23 Dec. 2R

Drc. 29

י

Mauritius,

1. Atlea & 8. America Diskarta, Sentarang, Surabala

Macassar

Bingapore, Tenang & Belawan Dell Japan

Blogapore, Djakarta, Semarang.

Surabala & Macassar

Гаран

Bingapore, jakarta,

Korahala & Mocaniar

Klugapore

Djakarta,

Hemarang,

Mauritius,

9. Africa & S. Americs Ringapore. Dakara, Semarang,

Surabala & Marisvar

ARRIVALS

From

8. Africa, Mauritius, Djakuria Kingapore

Penang. Relawan Deli & Bingapore 9. America, 8. Arles, Mauritius,

Alagapore & Sanita Macassar,

Remark

• Surabala,

Djakarta & Singapore

KING'S BUILDING, Ground Floor

TEL. 28016/18.

CHINESE AGENTS: 82 CONNAUGHT RD. C. TELA, 31100, 26133,

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA.

NEXT SAILINGS

*M.S. "JEPPESEN MAERSK"

M.S. "OLGA MAERSK”

M.S. "HULDA MAERSK"

• CALLING VANCOUVER

氤

ARRIVALS FROM U.S.A.

M.S. "HULDA MAERSK"

M.S. "TREIN MAERSK”

MS. "NICOLINE MAERSK"

2 Jau, Jan. 18

Feb. 2

Dec. 31

Feb. Feb. 15.

4

oll For Freight and Further Particulars please apply to:-

an oil

Outlook

America

New York, Dec. 23. Many U.S. businessmen are today spending dollars to back their confidence in continuing prosperity in the months ahead,

No early move to wheat is possible because tho British Government is tied to the International Wheat Agree- availability of new-clip chubuls of business call for $0,600,000, facturers is growing by leaps

ment, under which we pay a maximum of $1.80 or 129. 10d. a buskel for wheat imported from Canada and the United States.

higher The world price is than this-about 15s. ad. ~,60

this

19

It

menu-

Orders for steel continue to pile up at the mills to the frank surprise of some steelmakers.

Industrial spending for plant Iron Age, national metal- expansion £9 reaching new working weekly, says that pealta as 1952 ends. And plans optimism of steel-using

inc and other types, Domestic

000 more dollars to be spent and bounds. has take up the pace, with 12

first three way in the

"Mill sales officials are frank- months Texas predominating in months of 1953,

ly surprised at the continuing the demand.

Most of the members of the

clamour for steel from nearly months Texas has "Fine 12

National Tool and Die Manuall

of durable goods diversified demand, with had a

adds, fisting facturers Association attending taber greasy lots and scaured wools

Its meeting here expect their cars, appliances, oil and petrol, interest in moving. The

spot business to continue good for traight cars, construction And there would be no advantage **

Texts

has wools

at least two more years. some kop!

military hard goods. as

'front- activity going in the country General Electric's president, line bulwarks of demand." and at very

prices. Ralph J. Cordiner, will have

Steel is pouring out of the strong Pickings out of small remain-

no truck with the pessimistic mills at a record rate. In the ders in Texas have brought view of the latter half of 1853. last two monitis the mills have deme prices

rices clean landed equal

turned out more than 2,000,000 to our recent quotations for spot other by some bonomists.

pompanies may be tons a week, and most of it was wools. It was said here that concerned about a recession,"

rold months ago. Birlest purchases in Texas could ho says, "but as far as we can not realise a

a profit the re- RCC, we are going to have good

business In

of spilo

the cert market hero of $1.70 clean

The construction Industry

· economists. for good French combing or

Goneral

happily eyes a long roster of $1.65 for average 12 months; or

Electric has put ilkowiec $1.70 for good scoured.

$740,000,000 into now plant and highway jobs ahead, looks for equipment since the mar. Me is biggest year in bridge built- In neuerest in tex Cordiner expacte the total willing, and thinks. new, schools,

ter-

hospitals ard-other Institutional ritory and fleeco wools. The top $1,000,000,000 by the end

jobs will keep

keep it bumming. of 1955. market has not reached level on

The growing territory, apparently, to induce

which many bubinpetition grower sales of wool oppratsed for loans. That restricts offer

os in

WestAssociated

come

in freeing the market now,

There are indications that the .U.S. -will refuse to renew the International Wheat Agreement when its expires on July 31. It is in prep for this re turn to

in international wheat trading that the Ministry is preparing its schema.

Farmers doubt the benefits of free-for-all scramble for the limited quantity of feeding stuffs available. It

hoped tiat a scheme; possibly operated by the farming industry, can there was more bo worked out to remove any danger of freedom turning into chaps.

any

COTTON OUTPUT in the market bere as well going ahead

the

DECLINE

Manchester, Dec, 23:

Press.

with axparazioni

TEXAS OIL FIND general, a Joint report World production of cotton ]

than

BIGGEST YEAR

STEEL OFTIMISLI

Jook for 'In 1963 is gladdening tho Westinghouse Electric is also hearts of the advertising men.

Advertising this year" is hit- plans. It has invested $245,000,-ting a record total of around 009 since the war, and plans to $7,000,000,000, a gain of $500,- spend around $200,000,000, more| 000,000 over 1981, ¡and · more In the next two years.

triple the 1939 expondt- As för business - spending in lure of $2,000,000,000.

Dover- the

Company plans for Lining he would in setive cognised. Nevertheless, the pre-tatudes, excluding Soviet Russia,

Department of Commerce and

campaigns next

year, in expected to be 32,000,000,000 conalltute a use- sent proposals

New York, Dec. 28.

Securities and Exchange new shaping up, indicate that square yards in 1952, Britain's cities Servies On Co. said it Camanission says that plant ex comiderably The National Dock Labour ful

be inore. wil] attempt to introduce

Cotton Board sald today. Board has now. put forward pro-element of flexibility Into

This is a decrease of even has discovered a new deposit of panalog will start the new year

advertising. pocals to ease the problem by presert Dock Labour Scheme

Businessmen may to 30,100,000,000 are yards in where It holds 6,000 acres at $20,000,000,000. A lot of this, encouraging men to seek tem- and to produce a labour force per cent compared with outgut oll in Western Texas, in an area alon annual rate of nesly pont next year than this^in portry release from the Industry more nearly related to the work

After a test in building programmer, dua to they feel they are going to by Anding employment else to be 'done. If they are accepted 1951. The drop In the current:/ land und has kinder Jonse 25,000 the report adds velocis, delays, peeting a good year ahead, but

year compares with an average additional acres where

as such by both sides of the insual increase of seven par seat: dining, 112 barrels of 38 sravity" last Summer steel strike, have to work harder to moh.all Associated Men who choose this course dustry they could go suing way between 1947, and 1931-Asto- crude out owed in three hours. But the steel industry hit they can make.

ciated Press.

Associated Press.

Press, will be maintained on the "dor- 'to easing the present situation...

want..

tho

ting on all cylinders now. The

AGENTS:

JERSEN & CO.

Pedder Bullding.

Tel. Noa, 38066-9.

Dates and rotation subject to change without notice. At liberty to proceed via other ports "lo"ivad/discharge cargo,

| PLOGEAT - INTERN · FORTES

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-BUSINESS, REGULATION ORDINANCE 1952

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