THE CHINA MAIL, MONDAY, FEBRUARY 16, 1958.
MESSAGERIES Y MARITIMES Problem Of Trade Between ROYAL INTEROCEAN LINES
M
Arriving
Leaving
Feb. 23
3
Apr
"LA MARSEILLAISE” Feb. 24 "MEINAM"
FRY HILL"
**LA MARSEILLAISE", Mar. Mar.
COURSEULLE."
*"MERNAM"
M
Outward For
Yokohama & Robe
Japan
Hameward For
N. Africa & Europe
7 Mar
+
•
Afarauktion via Manila
..Apr. 3 .Apr, 29
Apr.
¿
N. Airlea & Europe
Apr. 20
N. Africa & utapa
• For passenger and freight.
For freight to Saigon, Marseilles, Algiers, Tangler, Casablanca, Havre, Dunkirk, Antwerp & Rotterdom,
• Accepting cargo:
-via Marseilles to all Mediterranean & West Africa Ports.
via Djibouti to Madagascar.
Subject To Changa Without Noties,
CIE DES MESSAGERIES MARITIMES
Rhodesia Power Scheme
Plans For Kafue River Project
London, Feb. 15.
plans for
Detailed
籍
£27.6m, hydro-electric power project in the gorge of the Kafuc River, Northern Rhodesta, to meet the growing demands for power.
from Tel, 26851 (3 lines). Į particularly
the copper-mining belt, have now been completed by the committee investigating the possibility of the scheme.
P.O. Box 58, Hongkong Queen's Building (gr. floor)
EVERETT
LINES
EVERETT ORIENT LINE Fast regular freight--refrigerator-passenger service to Koren, Japan, Philippines, Indo- China, Siam, Malaya, Rangoon, Calcutta and Chittagong.
"NOREVERETT”
Arrives
Salla
Feb. 19
from Singapore, Feb, 19 for Kobe &
Yokohama
"REBEVERETT"
Arrives Solis
Penang
Calcutta,
Feb. 28 from Manila.
Singapore. Mar. 1 for
Rangoon &
(Accepting cargo for transhipmen!) Kobe/Fusan Aud Kobe/Okinawa)
EVERETT
STAR LINE
Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Siani, Malaya, Colombe, Bombay, Karachi and Persian Gulf Ports.
"STAR ALCYONE”
Arrives Salls
Feb. 19 from Japan. Fcb. 20
for Singapore, Port Swelten- ham, Perang. Madras, Co- lombo, Bombay, Karachi,
Kharramshahr, Basrah Bahrein.
"NORDSTJERNAN"
Arrives Soils
Mar. 4 Mar, 5
from Japan.
for Singapore, Port Swetten- Colombo, Mudras, ham, Bombay, Karachi, Khurram- shahr, Busrah & Bahrein, (Accepting cargo for transhipment) Kobo/Pusa And Kobe/Okinawa)
EVERETT STEAMSHIP CORPORATION S/A Quean's Building, Telophone 31206, Chinese Department: Telephone 28293,
Mexico Expected To Be Buyer Of Textile Machinery
Mexico City, Feb. 15,
The British Chamber of Commerce reports prospects are bright for Mexico to open its doors to new foreign textile machinery.
The report, published in the Chamber's monthly Bulletin, was addressed primarily to British machinery bullders. But it is sure to interest both U. S. manu- facturers, who have supplied most of the new machinery in recent years, and Japan, which is making a drive for this market.
In fact, there have been re-, until the question of technolo porta a Japanese company will gical unemployment is solved. build a factory here lo turn out
now looms.
05
It sald modernisation of the esti- Mexican textile industry,
to mated
cost $100,000,000,
civil Flutes
The committee, headed by Sir William Hintcrow, of Sir William Halcrow and Partners, engineers, of London, the 124 Its report to Exonomic Secretary of tho Northern Rhodesian Government that the development
of the Kafue
for this purpose Gorge would
provide a considerable amount of cheap power for uso Southern in Northern
and Rhodesia..
By reducing consumption of solid fuel it would help to con- surve natural resources and re- lease the transport systems in the territories for other Im- portant purposes.
"In contrast with many new, unkiertakkings, large capital ex- penditure is not required for load development," the report declares,
"as the whole output
of the power stations could bo bbsorbed by the copper-mining companies and by the Southern Rhodeslan Electricity Supply Commission.".
POWER DEMANDS
In fact, demand from both Northern and Southern Rhodesia is likely to be such that the whote
output of the project be disposed of from the could date the scheme came into com- mission, and a full return the capital expended would be assured, the report odds.
GTI
East
And West: A Proposal By Harriman
DEVELOPMENT OF NEW MARKETS
In his final report to Congress, Mr W. Averell' Harri-^
man, Mutual Security Director in the Truman Administration, referred to the working of the U.S. Battle Act, which was designed to cut off the flow of strategic goods and materials to Soviet Russia and her satellites...
He expressed the opinion that changes are now due to permit more realistic action to conform to practices of present trade between the Soviet bloc and the countries enjoying the benefits of United States financial and other assistance.
mensure
Such action would allow J
of Increased
trade between the East and the West countries; the East stretching from the westernmost tip of Czechoslovalda eastwards as far a's Shanghai and Vladivostock
In the USSR.
that there is less of tuneconomic production within the country
han it Evera fashionable suppose."
12
The Paley Commission in its report has been obliged to maks several broad assumptions in computing its estimates of Australia is one such country, demand during the 25 years from The prospects of a new period of 1950. The principal" sconemle larger trade exchanges with her assumptions are that the gross are detailed п the current national product of the United monthly cummary of Australian States will have doubled by 1975 conditions fsxial by the Na-and that the increase for oiler tional Bank, of Australasia. This free countries will range from 02 states that the 1952-1953 econo- per cent for the United Kingdom mic season as a whole may be to 220 per cent for Japan. For The recent barter agreement accor
than better
was Australia and New Zealand the accounted between Ceylon and China
urlier expected. The past year projected increase in gross pro- affords perhaps the most out-
it I stated, showed a record duct over this quarter-century standing instance of this "East-
output of black coat in New is 158 per cent. West" trade in the supply by South Wales, where total pro- Ceylon of rubber in exchange
Past experience has shown duction for the year, at slightly that for the United States come for rice. In Europe, however,
more than 15 million tons, where between 50 and 00 per long traditions of trade ex+ change persist and several of
cecxled the previous year's out- en
cent Increase In the
toll pul by about 10 per cent. the countries in the Organiga Largely as a result of such needed to achieve &
materials supply would be tion for European Economic Co-provements, the iron and steel operation have been compelles! by trade necessity openly to effect exchanges of goods, many of n strategic nature, with Russia and China.
RECORD SHIPMENTS
The monthly bulletin of the Sucz
records Canal Company shipments of iron ores in great
quantilica moving eas! from China 10 western European
poris. In exchango China has received fertilisers, Anished metal goods and machinery and wood pulp, all in very large quantities.
A
for
doubling of industrias
a total national production. The are making better both
current demand for mettls and mineral progress
with with develop fuels would rise by more than production and
and the demand ment. The
stil, not this average Koing is
by agricultural products easy in some of the textile in- dustries and there are difficult slightly less. patches" in engineering and paper
making Generally industry has begun the new year however, Australian secondary
"In efter heart than it com- menced the financial year."
INCREASED DEMANDS The commission has also extimated American demands for certain ugricultural com- Lorecast that modities, These over the 25 years' period "The 1932-1803 season had American Imports of wool will begun in circumstances which, therease by 20 per cent, and of by compan with precedlug! dairy products by almost 400 years, were unfavourable," con- tinues the summary. The wool market appeared uncertain, the wheat acreage was reduced, in- ternal trade was sluggish, trade stocks were high, and unemploy- ment in industry, though small, wus Increasing.
"Whilst some of the most dif- icult problems which accom- panied those adversities, such as
be
Der
prey
cent.
The these as well
prospect of mecting
American do us the larger requirements of the other countries themselves, is not in all cases favourable, and such certain commodities copper.
lead, and rame of the additive metals, there is every indication of an acute under- supply.
It is Mr Harriman's alm that countries which are forced to trade with the iron Curtain nations should be helped to develop now sources for
the materials which they now import from the Sovlet bloc and that they should also be helped Power demands of the copper-
to find markets for those goods Fafe- mining companies are
which they feel at present can guarded by existing sources of supply, together with potential only be sold to the Communist-high costs and shortages of in-
vestment funds, are yet to Imports from the Belgian Can-dominated areas.
until
reduction
trade solved the worst fears which 1900 or thereabouts.
ware;nbroad six months, ago But by
then additional gen- barriers, not only by the United
have not been revised, and the erating capacity or power sup- States but by other free world evidence is widespread that plies from other
nations sources aro
of the steps advocated by Mr Harriman conditions are now better in the most important if developments to that dato, are to be assured
reduce the
for primary industry and in internal pressure tho "East." trading
trado as wel with
long-term dollar as for employ- of continuous supply, and pro-
Another is intensification of ment and for much of secondary vision is to be made for futuro
programmes for Increased pro-industry," progress in the area.
duction of coal and grain, which some European countries are being forced to buy from central and castern European
10,
In
the
are
Southern Rhodesia, principal areas of demand The Salisbury district, the-cen- tral area of Umalat, and the Bulawayo district,
It is to meet this expected demand for power that the Kafue project is planned. It will be complementary to the other Rhodesian hydro-electric scheme, at Kariba Gorge, on the River Zambesi.
TWO STATIONS
The Kafue project envisages the erection of a dam, and two power stations, an upper one in the
Keshya Ravine, and a Jower one near the end of the Kafuo Gorge.
The scheme is so arranged that the two stations will be of capacity, with an equal estimated output of 257 megawatts at 80 per cent load factor divided between them. There
tunnel will also
be a some 13 miles in length with sufficient capacity to permit an extension of the scheme to an output of 410 megawatts, by an addition of extra plant.
a
Any shortage would occur in the dry season of dry years, but conservative estimate indicates that the firm power or minimum output in the driest year would be 180 megawatts at 80 per cent lund factor,
The power will be transmitted to a central switching station in the vicinity of the upper power station, and then transmit- ted north and south by single- circuit lines carried upon lattice Receiving sub- steel towCIT. 110
will be set up ot stations Norton, in Southern Rhodesia, and near Lusaka and N'Kana, in Northern Rhodesia.
The study reported that 07 cent of the spiring would do away with the jobs of machinery in Mexico is old and about 15,000 workers. Until the that 05 per cent of the loomaj mills obtain Government are non-automatic. Mexico has mission to discharge this ram
34,133 ver of workers, 936, spindles and looms in 278 mills.
point in buying new machinery.
The Bulletin added:
"It is of particular interest to note that where hitherto the policy
-per
there is
The cotion Industry is un- healthy and procarious, in the words of the report.
CAPITAL COST
to
Areas.
to ono
in
from the U.S.S.R.
15
for
L
Heavier American demands would expand dollor earnings of other countries and promote greater stability in inter- national trade, it is stated. Australia is among the could tries which would seem to pod- BCSS a
reasonably favourable prospect. Apart from the possibilities in wool, this prospect arises mainly from the heavy increases which seem probable in American import demands for lead and zinc, for both of which materials Aus- fralla is rated as a major potential supplier.
Maiden Voyage
Of Tanker
New York, Feb. 15. Sinclair Refining Co. is await ing delivery of the new flagship of its tanker flest, the Japanese- built Petro Kure.
The 36,000 deadweight-ton vessel it. now on her maiden voyage from the Poretan Cuts to
EXCEPTIONAL YIELD
Australia's recent spring and early ̈summer have been Wider concepts of the Battle unusually bountiful. Late shear-
the it, foot rot Act will be necessary it
arid sodden hry, be placed objective of that Act is the real however, have to
against the benefits of explous economic defence of the West. rain. Notwithstanding, the sea- United Kingdom, France son's yield from agriculture hus The and Italy during the second half of last year, made ships been exceptional. The wheat ments of strategie Items valued crop at an expected total of at $2,500,000
to Iron Curtain about 175 million bushels, will countries in accordance with be much about first estimates, pre-Battle Act commitments. In and will exceed by about port exchange, the .K. million bushels the crop of los: purchased
season harvested from a larger coarse grains and timber, and nereage. Ylolds from oat crops France and Italy grain and are also heavy, while the barley coal. Western Germany is re- harvest in the south, and the ported to have supplied strategic sugar cane harvest in the north, materials to the value of over
are both at record levels. Dairy $16,000,000.
production has also recovered | Märcus
Hook, Pennsylvanju, from Inst season's low retums, following construction at the while many minor agricultural Kure City yarda of National Mr Harold Stassen is
Eulk Carriers, Inc. now crops are satisfactory."
The Petro Kure has wrested Mutual Security Administrator
The Influence upon trade of the "heavyweight championship" in the Elsenhower administr tion Accompanied by Mr John Improved conditions in the pri- tanker Lille from the 32,745-ton Foster Dulles, the
U.S. new
mary Industries is nowhere World Concord. But the honour more apparent than in Queens will not last. There are a num- Secretary for State, he has just
land where total sales of mány | ber of 44,000-tonnera completed a fact-finding mission to Europe, the result of which trikles for the half year to De- under construction, two of them
Tune
for the exceeded
the World Tanker may lead to a re-orientation of cember af last
Corp. US. trade policy the
with totals for the corresponding
by headed
the Greek shipping Western Europe. Holland has
has period in 1051. These favour- magnate Stavros S. Niarchos. decided that no more
able returns were no doubt Sinclar reported the Petro Onancial ald 1s required. partly a reflection of recovery Kure's 278,000-barrel capacity Germany's economy In 95 nearly from the dry period of 1931-will, on a schedule of two voy- stable that she too can dispense 1952. "With the reduction in
month, permit it to nges
en route from Amoy
EUROPEAN JOURNEY
Д
Hovit--Associated Press.
Italy Building Vessels For Indonesia
now
"TASMAN" "TJILUWAI
"TJIBADANE» MITRAAT
MAKASSAR"
SAILINGS
+
Kobe
To
SIRE DATE. Djakaria, Semarang,
Barabala & Nacassar
Penang, dingapore, Djakaria, Maŭrt-
tins, 8. Afrles 4 8. Amerirs Djakarta Semarang, Burabala
Macassar
Manila, Singapore, B. H. Afrien Yokohama Yokkaichi * Kobe singapore, 13Jakarta. Semarang,
"BErabals & Machisar Singapore, Penalis & Belawan Dell singapore. GJakarta, Beinaraby,
Surabala a Macamar
Зарад
Manija, Miri, Singapore. Djakarta, Mauritius, 8. Attica di B. Ámetica Djakarta, Bemarang, Burabala
Micartar
"TASMÁN“
***JILUWAR**
"BOISIEVAIN"
Feb. 14 Feb. 19
Feb. 10
"THBANTJET"
FOD. 22
"TJINUDASTM
Feb.
“STRAAT SÖENDA" Mar.
21 1
"TJIWANG!"
Mar.
Mie.
Star. 18
Mar. 17
Mar. 17
Mar,
Mar. 29 Apr.
E
Apr. -2
Apr. Apr.
4
Japan
Djakarta, Komarang,
Macassar
Apr. 14
Apr. 2#
Apr. 墅
Apr. #3 Alay
Украт
Bingapore.
Jakarta.
May • May 10
MARIA. Blogavure, B.
"TSIPONDOK"
“TEVÉLBERG” "FIIWANGI" A
**SŸPĀNAR” "VAN HEUTEZ” **TJIKAMPEXTM
WTJLUWAD”.
“TEGELBERÒ“
"TJİANTJET"
"BUY" *THWANGr"
"STRAAT BANKA“ "TILUWAH”
JAPAT
Blagapaka. Djakaria,
Burabalk & Macasser
Semarang.
Manila, Bingapore, E. & 8. Africa
Surabala
*
Semarang,
Singapore.
Dinkaria, Semarang
Burabala & Maenuvar Singapore, Djakarin, Matirillum,
8. Africa'& B. Amerion
Djakarta, Remarang, Bursbala
Macamar
Būrabala & Mackint
A
8. Aftira B\Draport. Djakarta, Semarang.
Sarbala & Miscansar
ARRIVALS
Macassar,
From
Burabala. Semarang,
Djakarta & Ringapore
"TILUWANT"
"HOISSKVAIN"
"THDAŃTJET”.
In Fatt
MIN. Feb.
10
20
די
Japan.
Japan.
KING'S BUILDING, Ground Floor
TEL. 28015/18.
CHINESE AGENTR: 82 CONNAUGHT RD, C. TELA. 31100, 26133.
MAERSK LINE
FAST FORTNIGHTLY BERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA via SAN FRANCISCO, LOS ANGELES AND PANAMA,
NEXT SAILINGS
MS. "TREIN MAERSK" *M.S. "NICOLINE MAERSK'
M.S. "ANNA MAERSK"
Calling Vancouver,
M.S.
ARRIVALS FROM U.S.A.
"NICOLINE MAERSK❞ M.S. "PETER MAERSK” M.S. "ANNA MAERSK”
Mar.
4 Mar. 18 Apr. 2
Feb. 18
Mar. 1
Mar. 5
For Freight and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Building.
L
Tel. Nos. 86086-9. }
Dates and rotation subject to change without notice. At Wherty to proceed via other ports' to load/discharge cargo,
LIVING IN U.S.
COSTS DOWN
New York, Feb. 15. The cost of living in the U.S. is falling. How- ever, the easing in the pressure on the pocketbook has been only slight, and only in some items.
No big drop in prices of goods that con- sumers buy is expected. And families may find the cost of some of the, things they now consider necessities will go up a little.
But food costs are now three botter refrigerators and stoves→→ or five per cent lower than this are now classed as necessities in time last year, nocording to many homes, Government estimates.
The
months
drops
price
In
the
The air conditioning Industry in recent claims that its cooling devices commodity will be considered standard markets are finally showing up equipment not so long from now. in the retall stores.
PAY INCREASES Housewives arc pleasantly
Television has edged into the surprised when they price meat|"nocessity" class since the war. in the butchershops, They find And families with the older, the price tags on most clothing smaller screens are beginning Items lower than a year ago. Ito consider themselves under- costs a little less to furnish a privileged. house.
To help meet this higher Many wholesale commodity standart living, weekly
have prices are back
mercifully the prepaychoques Korean war level
gono up for most workers,
They may never seen to go
the Govern
to
of
with ald unless're-armament is stock
stocks in retall and wholesale
sale · handia 6.9 million barrels of oil Imposed upon her, and the trade" comments the summary, 18 year,
The rub comes when you com Venezuels, and Marcus United Kingdom toggling there has followed an increase Boy.
pare the new-and-slightly-lower up enough. But to get along with trade, not aid.
in orders to manufacturers and
prices in the stores now with ment says the average factory Me Anthony Eden Secretary a proportion of these employees
the prices before World War II. worker is now getting 22 par of State for Foreign Affairs, and
Blood down earlier in 1932
has
The cost of
Index still cent muto pay than before the living Mr R. Butler, Chancellor of
Korean war started. been re-engaged... while
there
rides high abovo, its pre-war the Exchequer, are to proceed
bo better prospect for the re-
level. Retail price averages are rily to Washington for talks. Befere they leave, exchanges of mainder of the season may give views with Mr Stuan and Mr rise to satisfaction, it yet re- Dulles will likely take place on mains for this improvement to tradic generally, on trade with be converted to a more assured the Soviet bloc countries and on prospect for a longer term. of the post administra-
It had its start some 70 years The estimated capital cost of
trade with China in view of the tions has been to draw an irons ago, when beal capital dis-
THE LONG VIEW the project is £10.1m., and
U.S.A. action in giving the Na
Monfalcone, Feb. 15. ountain excured the national in- covered the damp air of the
with transmission 227.0m, I
innlist Chinese in Formosa n
The first of io coastal dustries that find themselves Orizaba-Cordoba
"In the long view there can be reglan wax The whole output is sold, the,
free hand in the military Bonse nailed by problems, consisting idol for dealing with cotton. In
the probiblion of com After the Mexican revolution average cost of the current s
estimated to be around 0.250d against Communist China. The no doubt that the opportunity is passenger and freight motorships political, atmosphere is fraught there for growth and progros to be built for Indónesin by petitive cottons goods and started in 1910, no capital was
à unit,
the possibility that Na in many sections of Austration allan shipyards was launched moro interested In investing more goods Imports,
of the here today.. The committee considers that tionalist China can exert pres-industry.
Named the Naira " the ship is recently the Government seems money, either in now sills or
first power operation at the
sure to call off, at long last, the
'a 423-lon vessel, 158 feet long to have realised that no healthy new machinery.
in the production of Industrial growth can be ex-
The 1939-45 war produced d pocted under mich unshroud-
from the date of a decision to unfettered trade, and thereby which this country can play and able to carry 200 paksenzera
wart is amply
In the report a wall as freight, Indonesia's scheme, and other
Minister to Italy, Sukardjo ment and that the problem shortage of cotton goods in proceed with the
full operation
mind another aroos In Aaig and in Eutope. und the old rother has to be groppled with Central America
nine
months after that. In its fundamental und not in Mexican mills did their best.
lower station can be in full
Use countries, which had to im-
Meat Montalene's United Adriate its effect.”*
But this was not goot enough operation in 69% pee could be payments purposes, and, which of. Its workers is of a low runs more of one will be tone dura
pace import cute for balance of technical ability nor the capacity shipyarge which will build four
the in quality, and when US, cloth. Thus the scheme became available after the war, completed before 1901, the dato werd overstocked with goods by world standards, and; If roing **Tive
before the imposition of thote of the extra Burren which adds | the treat few months by other however, the Central American market at which the initial stage of the that 'the market for
be brought into operation. to resume more normal trading. lightened, it may well emerge Associated Press. machinery, will not be opened | exporters,—-oclated Press, -
wpliert
NO | POINT-
The report added,
with
Evidence
slation can commence five years war in Korea, open up Ching to world need of raw
bo in
years.
the
by
resources
4
To nu the now deinands, in- about twice as high or they were dustry has got its sights; high. 12 years ago. And they average In the last 13 years the popula more than 10 per cent higher ton of the United States has thep Jone, 1950, whch the increased about 18 per cent. In thope some years the Govern- Korean war started.
ment says that total production in this country has risen 70 per AM WEW STANDARDS
cent (Agured in units, rather But many significant it than in dolle prices). they have flipped from their peaks,
One thing that keeps the cost of living high for most families thetr changing HIVIDE standards.
Families
regard མ
buy more necessities items and services of other things,
And businessmen, doubt if will be much price these are aimed at cutting time increase to consumers an 4 To
gult of the ending of controls,
Later, perimps, when some
1
Poople are spending fairly freely. The nation's food atores, for Intance, old just under 340,000,000,000 worth of food last your
The mixing of some prices'
help' consumers
Communist dominated part the Paloy Com Virjtópranoto, · and his wis they may not even have hoard of TheWithin récent months some of in the finited far Alfaiate | attended the Isphoking ceraman, before World War IL MON 011 there
tistation, is filmed greater motal prices go up, some of the and labour.
The sals of frozen foods, for now than befort Faiz Harbour, gadgets that are now "neccess Automalle washing machines, Low might, bo pesced a litla
now was virtually cipred to Mexicon | Kariba scheme is expected to cuts, have now.reached the stage to production" : costs were | shipyards at Triesto, and Muggia... Ariers, dishwashery;-:zzow" and | higher. —Associated Press.
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