1953-03-16 — Page 91

MARITIMES

M

PASSENGERS/FREIGHT SERVICE

Leasen Marseille

"FELIX ROUSSEL"... Mar.

Domewards

Jobgkong

"FELIK ROUSSEL" FF " hr.

via Marseilles to all Mediter tuneun & via Djibouti to Madagascar.

Outwards

"MEINAM" "MONKAY"

Itomewarde "COURSEULLEB” "MEINAM** *PEI-BO" "MONKAY"

Hongkong 25-22 Apr.

Die Murvellion

FREIGHT SERVICE

Avra

• «Dunkirk—alled

Antwerp- Apr.

1.rarts ...Keelung→ 5 Aur,

· Koefung-30 Apr.

...Kreling—18 June

· 23 · Alay

For

Manila

Via

Satgu West Africa párta,

For

מתווה!

ftunghatag

1 Apr. May

Japan

Hongkong

For

↑

10 Apr.

30 May

20 June

7 Apr

+

† Salgon, Marseilles, Algiers, Oran, Tanglers, Casoblanga, Le Havre, Antwerp, Rotterdam & Dunkirk

CIE DES MESSAGERIES MARITIMES P.O. Box 53, Hongkong Queen's Building (Gr. Floor)

Tel. 26651 (8 lines).

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

NEXT SAILINGS

*M.S. "NICOLINE MAERSK”

*M.S. "ANNA MAERSK"

M.S. "LEXA MAERSK"

Calling Vancouver.

ARRIVALS FROM U.S.A.

M.S. "LEXA MAERSK”

M.S.

"LEISE MAERSK”

M.S.

"JEPPESEN MAERSK"

יי

Mar. 20 Apr.

2

Apr. 17

Mar. 23

Apr. 14

Apr. 21

For Freight and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building.

Tel. Nos. 86066-9

Chinese Freight Booking Office

27, Connaught Road, C.

Tel. 20461

Nates and rotation subject to change without notier.

At liberty to proceed via other parts to load/discharge cargo.

EVERETT

LINES

EVERETT ORIENT LINE

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

"NOREVERETT”

market has abandoned hope of any actual tax reduellons it still tokes comfort from the bellet

tax in- the Commonwealth plan to the Council of Ministers of the Ox-

But the investment world, at least that part which is relect- Kanisation of European Economic Co-operation later this month.

Another

question that willed in London, is more isolationist It dislikes to be answered have to

is how

than anything else. international incidents but it been given no rest from them.

Industrials were marked down ind

by a sholing but with Courtaulds, Imperial Chemicals, Woolworths and similar top-

The rise in non-darm employ. ranking issues down, 1/4 or

ment during Februa counter to the usual trend at this Oils were out the picture ex-

time of the year, the Commerco for Anglo-Iraniani. and

Department notes-calling. It Dutch which both lost

significant, But the Department Washington, Mar. 15.

has no explanation for the rise. The U.S. Department of beyond saying that part of it may Consolidated Goldfields fell Commerce reports that world have one from mid-year school That will shortly be taking 3 City Deep lost 3/91..

consumption of natural, and graduates Anding Jobs. place but one thing is clear: Beers Diamond Producers 3/7d. synthetic rubber. in

"BRÅDEVERETT” JanuaryThe drop, of $1,250,000,000 in the Commonwealth's plan for and. Rhokana Copper 5/-.

Some tired bulls, who had 1953. totalled 210,000 Tonic tons, the money supply in January was cannot be put Into

with compared

107,500 In mostly, scasonal, It effect without the active co-been holding non-pasenied January 1952,

| the pay-off of commercial loans operation of its partners in the Tokyo, Electric, tried to get rid

world.

Consumption in the United made to curry.Chrisimas business. ed them this week by offering free

States

from increased

107,410 This.. pay-off decreased time "It will therefore be some

them in late July but the market tony

1952 to 120,- deposits-Asociated Press. tons in January was not interested and the price 202 in months before any definite pro- gress is made and by then the fell steadily in all by. £s to 202 in January 1053.

£106 before the unloading was

and Red China im- original plan may have under-

ported

around 10.750 tons of gone many changes.

natural rubber in January 1953 compared with 5,250 tons In January 1952.

Comsumption in other coun- declined from 85,000

tons.

It would be idle to speculate on the eventual outcome of the various economic conferences

It is this aspect of the

Sterling plan that bus Commonwealth been under preliminary clis- vussion in Washington,

No definite commitments were The businessiñan, Opranial asked

or given but "certam Kadapadia, sceretary, of the conclusions" emerged.

Bombay Suburban Village Dis- Thus it was greed that it is tricts Association, returned and | in the United States* ows set up experimental cultiva-

measures" nterest to take lion in the Kora Kendra

order that the members of the Agricultural Workers Training free world may the better pay

tion

bu

and

of

the

THE STOCK EXCHANGE

Centre operated by his associa-their way by their own efforts." Political influences were again

also "em-strong The United States After a trial on one and one-

in the Stock Exchange phasised its intention to en- last week. half acres in the first year,

Having started the week with courage the flow of investment Kora Kendra instructors CX- abrond" and agreed that interna a burst of activity-the number panded the programme to five

tional institutions should

"bargains" on Monday was the acres in the second year and

constructively used" to promote highest for more than a year-- ihan. more

100 individual

for freer trade policies

markets became farmers is surrounding areas

currencies.

subdued on Tuesday when news persuaded to try the were

On one essential point, how- system. By 1951, the Bombay

down of an American jet fighter Government had sent a delegar ever, the Anglo-American com- was received of the shooting Hon

munique seems merely to have added to the confusion surround-near the Czechoslovak border. operation.

The Bombay delegates returneding the Commonwealth plan.

to see the method

more

This was followed a day later by the more serious incident in The freeing and the expansion Germany when a British bomber with enthusiaan for the methods of world trade, if staled, must was shot and over 1,500 farmers in Bombay

down by Russlan

shot of this was a general on Friday. There was nu

tried the Japanese techniques with what officials tenned "rently encouraging resulls.”

cover currencies trade..

well as aghters. 趋您

CRITICS BUSY

.

were

De

Japanese prices only a pound or se with the exception of 1030's which lost £3.

Germans were heavy all tho losing £3 and 7 per cents £2. -United Press,

Russla

tries

week with potash 8 per cents world production of

TOLD TO

REDUCE OUTPUT

to

natural 1953 was

rubber in Jarruary about 160,000 long tons.. and of natural world consumption rubber was estimated at 130,000

tons.

10119.

World stacks on hand at the and of January were estimated et 82,500 tons, up 7,300 from the previous month.

represents

Coal Ration

System

In Britain

London, Mar, 15. Forty-four per cent of Bri- tain's households necti

mora cool than they can get under the present rationing

schemet according to a survey carried out by the Coal Utilisation Council, t

Imports of natural rubber in- But one in four homes can- to the United States in Jamiary not afford more coal, even if it 1953 were reported at 83,767 were available, the survey add-

tons compared

with

January 1852.

The report said.

eslimated

09,203 in eduskun

12 On the average, the 44 per

want that, ex- cent who

more coat The Japanese paddle-operated "On the financial side the marked selling pressure but

cluding Russia, the production would like, an additional... 14 New York, Mar. 13. threshing machine has also been abjective should be the eventual neither was there any disposition

Jovery American cotton farmers, who of synthetic rubber in January hundredweight each recommended by Food Ministry convertibility of Sterling and to take on new commitments.

were urged to produce more of 1953 was

at 75,000 year. That would total 4,500,- experts for widespread ure in India. But this drive will not other currencies....on the trade Investors appeared to be play- the fibre several years age, have long and consumption at 80,000 000 tons. The report did not state what average quantity, of side the objective should be to ing safe and awaiting develop been fold form part of the campaign begin- | 20

to reduce output by tons. relaxation of ments.

18 per cent.

In January, 1952, the world coal each household now burns, ning on March 15. State agri-bring about the

disPersistent small buying on

but said 28 per cent of Brigh trado

Agriculture Secretary. Ezra production of synthetic was familles heat their mála living- restrictions

.and

Monday caused several notable Taft Benson sald otherwise they 13,203 tons and consumption room with an open-hearth gains in the gilt-edged market. will face low prices and Govern-| 78;000 tons.—United Press.

ment restrictions next year. He asked for production of 12,000, 000 to 12.5 million tales of. 500

alrendy criminations,"

Jocal

machine.

This nois nothing to what was already known about the Commonwealth plan but it has

018

༄ ྃ།

GOOD FEATURES

pounds each in the coming Exchange Rates

season, compared

among the leaders though this milion in the past 8006011. led notelai in exchange: market.

perimentally in India and found B according to Professor T.teatures.

row land weeders,

with 14.9

İki wbe done in the local Cotton exports have, more sharply than was, anti-morning at the following rates: cipated, and the present carry-surling note per-Eiji

U.B. dzlise (per #1) over of

last season's crop is Indonesia guliders per 100) estimated at 4.1 million balos. Stam, deals (per:100) Benson, predicted total use of FIC pisstres (per 100) Singapore (Straits) **

cotton in the 1933-34-venson at 13 to 13.6 million bales,

6.008 -15,01 21.20

3,30

13.15

other type of coal fire.

or

An investigation into water heating disclosed that 47 per cent of homes 'uso, coal, coke or anthracite for heating in Winter and 30 per cept. in Summer, Gas la the alternative supply-Assecinted Press.

Rubber Futures

culture officials have been urged to arrange manufacture of the which indian agriculture instilute studies showed would save nearly three rupees per 25 maunds of boen seized upon by the critics

Industrials, moved irregularly tice threshed.

us further evidence that the

a result of profit-taking her implements used

in reasoning behind the plan is of Other Japanese rice cultivation which faull,

market was not without its good have been manufactured *x-

Despite the big settlement for of Oxford University, it satisfactory under indian con- shows that the British Govern- the three-week account the ditions Inc

Include single andment has once more reaffirmed markets aayed mainly firm on doublo

two is belief in convertibility and Tuesday but coutien developed horsepower power threshers, non-discrimination despite the next day as

result of tho hand-operated paddy

ddy sellers, fact that. "one is the alternative aghter incident near the Czech grain screens for dolubers,

and to the other."

vorder.

Aside from declinlig exports, First Post-War Run power-operated paddy

Much a somewhat similar view Fot edred. Brical moved

some Introads are being made on Agriculture Minister P. R.

was expressed by the London Irregularly but industrials staged cotton in the United States

Tokyo, Mar. 15, Deshmukh, told a questioner in Times" before the Washington rally later in the day

through use of other materials, Parlament.

talks.

On Friday, however, there was For example, cotton has been Japanese maritime Dauthori- He listed the single

bullock

The dewspaper pointed out a general decline in prices though almost entirely replaced by ties said today, the 2,751-ton Jung plough and hand-push seed drill that though convertibility based ugalii, this was caused mora, by rayon in the manufacture-of freighter: Mikogo Maru left Kobo Number 2 rubber, as "implements the, utility of for an indefinite perioada caution and week-end ladudete tyre cord. This industry salono today --on, the first regularly lumbar rubber. Lumber, a rubber which under Indian conditions severe import restrictions would than any pressure by sellers, « formerly, required nearly 1,009,- scheduled, rus, between Japan |Spot rubber, unhaled has not yet been fully establish-be a doubtful gain its real Industrials were marked down 000 bales of cottont-annually and Formosa since the end of No. 1 pale crepa ad."--Associated Press.

beneßls would be within reach | at the opening but in thò absence | Associated Press.

the war.Reuter,

14:

In S'pore

Singapore, Mar. 14.

Prices of rubberyl futures

Number 1 rubber, per th | closed today as follows:

April

May

Blanket OPM ·

Arrives Sälls

Arrives

Sails

Mar. 21 from Manila. Mar. 22*** for Singapore,"

Rangoon

Mor. 27 from Singapore.

Penang Calcutta,

Mar. 48 for Kobe & Yokohama,

(Accepting, cargo for translipment) Kobe/Pusan and Kobe/Okinawa)

EVERETT STAR LINE

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

"THAI"

Arrives Salis

Mar, 30 from Japna,

Mar. 31 for Singapore, Port- Swet- tenham, Madras, Colombo, Bombay, Karachi, Khor- twnshahr, Basrah Bobrein.

"STAR ARCTURUS”

Arrived

Sals

4 from Singapore Apr.

+

&

Apr. 5 for Koba & Yukeliama. Accepilog cargo, for transhipment)' Kobe/Pusan and Kobe/Okinawa)

EVERETT STEAMSHIP CORPORATION S/A Queen's Building, Telephone 31206,

·Chinoso Department: Telephone 28293,

•

BUSINESS REGULATION ORDINANCE 1952

Copies of

prescribed

Forms 1(a) 1(b) and (c),

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

TEN CENTS EACH

J