1953-09-29 — Page 9

China Mail 德臣西報 中國郵報 All

AGERIES

B. Box 68.

{ueen's Bldg.

M

THE CHINA MAIL, TUESDAY, SEPTEMBER 29, 1953.

Pago 9*

MARITIMES CARGO THEFTS AND PILFERAGE Shipping

Tel: 28051.

M

·FAST PASSENGER/FREIGHT SERVICE

From Marseliler

"LA. MARSEILLAISE' 13 Sept. "VIET-NAM

"CAMBODGE"

To Marseilles

Oct.

11 Ort,

For Yokohama

Yokohama

„Leaves Marseilles

Due it.K.

* Det.

1 Nhy.

Noy..

Beaver Hongkong

Bue Marseillex

Vik

11 Nov.

Salzon

24 Now.

Balkon

12

Dee.

Halgon

"LA MARSEILLAISE" 21 Oct,

“VIET-NAN

"CAMBODGE"

1 Nov.

11 Nov.

Via Marwellies to all Mediterranean & West Africa Porta Via Djibouti to Madagascar.

From Kurope

"IRAQUADDY"

"AURAY"

*MONKAY

To Europe

"COURSEULLES"

"AURAY"

"IRAQUADDY"

FREIGHT SERVICE

X-eft

JOOO JI.R.

„Antwerp-27 July

Antwerp 1 Bent.

29 Sept.

Oct. 22 21 Nov.

Oct.

1

Nov.

„Dunkirk-early Oct.

Leaves Keolung

Ort.

10 Oct. 16 Nov,

Lee D.K.

For

Manila Japan Manila & Japan Manila & Japan

For

17 Nov. Spigon, Sthgapore, Djibouti, Marseilles, Algiers, Oran, Tangiera,

Casablanca, Le Havre, Antwerp, Botterdam & Dunkirk. Bubject to change without notice,

EVERETT LINES

EVERETT ORIENT LINE Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo- China, Slam, Malaya, Rang on, Calcutta and Chittagong.

"LENEVERETT"

Arrives Sails

"BRADEVERÉTT"

Arrives Salls

Oct. fromp Singapore.

Kobe Oct. 9 for

&

Yokohama.

Oct, 18 Oel. 17 for

from Manila.

Singapore, Rangoon &

Penang. Calcutta,

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

EVERETT STAR LINE

Fast regular freight-refrigerator-passenger service to Korea, Japan, Philippines, Indo-

Chinn, Slam, Malaya, Colombo, Bombay, Karachi and Persian Gulf Porta,

"THAI"

Arrives

Sails

"LAO

Arrives Sails

Report To Annual Conference Of Marine Insurance Experts

No Evidence Of Decrease

In

Losses In

Britain

Principal feature of the early proceedings at the annual con- ference of the International Union of Marine Insurance, being held at San Sebastian, under the chairmanship of Mr Carl Briner, the president, was the submission of a voluminous report by the Cargo Loss Prevention Committtee.

extended It includes the replies of the various markets to an questionnaire circulated by the committee. The system was adopted to simplify the report and to obtain a better over-all picture.

01

of

It is hoped to Improve upon the questionnaire in the light of experience as lime goes on. Rightly, the committee take the view that the replies should have wide circulations, thus ensuring benefit to the entire industry.

11

the

for

The

in

Kingdom the view that to de 1 part from the cardinal principlu

that losses, muзccur during HONGKONG

the Insured transit would be dangerous con- fraught with

sequences. The following clause has, therefore, been adopted in Pakistan to cover the position In on shipments of all policies cotton from Karachi to Japan, viz:

loss

ment

SHARE MARKET

the Stock

Industry Relations

In presenting Its jubljoo report,

the ezudell, of tha Oulcora' (Merchant Navy) Federation, rightly exprosses pride in the achievements of the past 25 years. I may. however, be considered that in one rerpret the riport is almost that contradictory; in another

it contains unjustified criticism of unexpression of opinion contained' in the last annual report of the Liverpool Steam Ship Owners' Association. the "Introduction" ", to tho federation's report it is observed. that the council "is, of course, bellef confident in must that the Merchant Navy never been in better heart than "Conciu- it is today" in the sion," that i la "unfortunately the

fact that Ja too many instances officinis of shore staffa shipping companies havo

East As.. 157 INSURANCES

Union

830

50 @

130

Bruderwriters

HH Fre SHIPPING

100

Waterbent

DOCKS, ETC.

K. Wher

I...fi

I0.00

57

21.00

of

100 4 07

21450 21Dİ

Provident

Provident

2007

000 1.50

500

12.70

1500 13

(New)...... 11.00

210 Shai Dock. Wheelock * 190 8.93-1000 € 8.30 UTLAND, ETC

to ex-

treated even senior ship- and officers in on and off-hand man

masters arrogant

nor "Additionally, "all too

many cases are known of DIT

indifference

being shown in the carrying out of necessary formalities pre- eeding the granting of leave, with scan! regard being paid

apparent

10000 6 0.95 ik Hotel...0.10 0.20 800

2500 13 ILK Land XD

200 S'ha Land 1.40 135

10.40 Humphreym

the

8.10

#30

(0)

03

A REMINDER "Warranted no claim for any (From Our Correspondent)

Q peril or damage; by

done on Business otherwise, insured against or which may have been sustained Exchange this morning amount. prior to the attachment of risked to $1,250,803.70. Noon quota- tions and the morning's trans- under this polley."

Whilst it was felt that this actions:-~~ clause la perhaps superfluous as ARES BUYERS 'BELLENS SALES it is stating the obvious, it does BANKS Kerve to

claim-setting remind agents that they should reject claims which clearly

y relate to

the, allowing exchange only The repuri

The German answer is a blunt damage prior to the commence-

of the insured venture, recalls that

put India reports that very The Pakiston Association committee was originally formed goods necessary for the economy "No."

that in forward the to study how to combat

suggestion the of the country, thus excluding often casts are found lying

at commences the open for several months, the where the risk theft tho problemn of

and luxury goods,

reason being considerable delays the

of shipment, port

there Dilferage, to operate as a centre

BRITISH REPORT

respect of clearance

world-wide agree of should be fur communication member

associations, and

through Customs and mon

andment not to pay country damage consulta- documeones formalities. There was obvious

Import

prisc which

before In claims recommendations. It

British Italy, submit

tion between the three

sometimes delays

in attachment of risk. They also points out that whilst theft and

Minember-associations, as all re- pilfernge claims are not now the ported in identical torms: "There and breakage. Pakistan

Customs. give rise to pliferage1equest the counell to consider

states

adopting a dominant factor,

desirability of the is definitely no decrease in these that "it is found that consider-world-wide agreement immediate post-war period, losses. The evidence points

not be deduced that other way in fact, but no gures opened for

able loss occurs because of goods clude the risk of country damage should

Customs examina- altogether where the risk com- theft and pilferage us it hazardue

are available, so far as we are is eliminated.

mences from the port of ship- Actually, condi tions in many parts of the world aware," Finland finds particular tions."

(8) Are consignees generally ment, as there is no exposure t the be on 10 average losses leave much to be desired.

upgrade, but theft and/or ptl- taking prompt delivery? In between the warehouse and the covered In the view of the committee, forage claims are, improving. general, the replies are affirma ship which cannot be

more specific terminology diminution,

tion, tive, although Home cases by France prevention of Cargo loa

than

damage, country

for general remains largely a matter due notably to improvement of there is reference to laxity

example

"rain and/or fresh of education, and in this respect cond

North conditions in

African the

matters. It

water fact, Finland refers

or damage by damage

have

with to delays due to red tape and mud or other extraneous sub- world wide experience

has been maintained love quo

of con- stance." to the tendency Egypt advising where slight of

bo pilferage efforts should preventive

Bremen, signees not requiring the goods

to leave

in them made and how adequate Greece and Ilolland each record urgently

Custome warehouse to save measures could reasonably be some improvement.

India wrote of

elsewhere. expense considerable storage underwriters Introduced should deelde to

improvement in Calcutta, owing France also has this question in to Belion.

mainly to the activities of the mind, as reference is made

the anti-pilferage committee.

He

storage possibilities and to commendations had been made possible

deflection of the goods in transit. Greece admits that the by an ad hoc sub-committee to

and to In recent years, states

procedure. owing to heavy duties tighten up delivery report, fires on board ships have

It was believed that the imple- the scarcity of funds, consignees In

int- particular adversely

take measures are generally delbying to mentation of those fluenced both bull and cargo

would

check effectively

the delivery. or accounts

markets. many

had pausing of unauthorised cargo Previously, the committee considered this hazard in rela- from the port.

In

records

In

on

marine underwriters with their ports; Germany-that the state part of consignees to press

means

Luke the

requisite

FIRES ON SHIPBOARD

Oct. 5 Oct.

6 for

Yokohama,

from Sandakan.

Pusun,

Kobe

tion

tion to

Oct, 19

Oct. 20

from Singapore. for Kolic,

Yokohama,

"STAR BETELGEUSE"

Arrives Sails

Oct, 19 from Jappan, Oct, 20 for Singapore, Port Swetlen- Madras, ham. Penang, Colombo, Cochin, Bombay. Khar- Basrah, Karachi, ramshahr & Bahrein.

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

EVERETT STEAMSHIP CORPORATION S/A (Incorporated in the Republic of Panama * With Limited Liability

Queen's Building, Telephone 31206. Chinese Department: Telophone 28293.

NEW YORK

STOCK EXCHANGE

Quiet Day

In Sugar Market

New York, Sept. 28. World

futures closed sugar today one point lower to two points higher with sales of 32 Domestle No. 6 sugar futures closed two points higher to one point lower with sales of 170

New York, Sept. 28. Prices on the stock exchange rose fractions to more than a point today, lifting stocks to

nearly contracts. their best levels for three weeks.

moderately Trading above the previous day and all deportents Joined the advance. The market seemed to be cun-

whs

contracts.

Both markets ruled quiet as traders marked time pering

of theft c'ecrease

losses at

and

Indonesia stated that in most

un

M

that

can

FINANCIAL SNAGS

refused

TWO-SIDED TRADING

IN

COTTON

to

Tram

* Tram

2.05 4000 2.43 25.70 25.00 3800 gr 25,76

43

P. Tram (NÍ 2140

Stor Ferry'

C. Light (0)

130

200 or 130

14 14.20 10500 (* 13.70 12500 13.00 2000 14.

10 9000 G DD5

200

C. Light (N) 0.00

Electric

28 20.20

Mação Piec.

Telephone INDUSTRIALS

Cement

STORES, ETC.

Dairy XD 23.70

400 27.70 400 GF 27.90

3300 @ 28.

Q

22.80 1000 0.40

30 1000 dam

1500 4 18ло

24 000 23.70 2500 23.80 Watson ....24.202400 200 N4.20 300 vs 24.10

Crawford 23,00

CONS

Texule Corp. Yanglaze (0) 6.25 0.00 1900 4 0.30 0000 ** 41.00 0.10 .1950 es

MISCELLANEOUS

Yangie (N) 0.15

The Rubber

Markets

Singapore, Sept. 20.

The market was steady in the morning and advanced in the afternoon on trade and factory Prices closed as enquiry.

follows:-

to the disturbing effects which the upon those con-

this will

personal

cerned."

have life of

As regards Industrial rela- tions, In the shipping industry it is observed, first, that they "are universally neknowledged to stand at a higher level than ever before." which is in accord

effect that the Merchant Navy "has never been

with the remark to the

F

better heart." and, second, that "there is clear room here for an improvement relations costing in industrial but little, but nevertheless going far towards providing more contented and hence mora We efficient sea-going staff."

do not know who the "oficials of the shore staffs of shipping companies" (alleged

shipmasters

badly) may be,

ما

und officers

NOT TO BLAME

treat

105

Shipowners are absolved from blame since,It-isi statod, --they, .

officers* are "ut one with the

in

So

ESI

and seamen's organisations the general endeavour to eslab- lish and maintain thoroughly

condi satisfactory British merchant ships.' too. It would seem, are marine superintendents, because, it remarked, "few, if any," remains of the

he type who refrained from "suggesting Improvements the lot of seafaring men lest he be regarded 03-037%

All this is rather puzzling.

to unable understand why, if officials of some ship

do

not treat ping compaules masters and officers as they matter should be treated, the

we are

as

ind

expe an

New York, Sept. 28. Cotton trading today was a two-sided alfatr. Nearby Octo- ber showing relative steadiness A number of countries refer while other positions settled However, cargoes' only,

to the financial dificulties with back regularly in quiet dealings, the considered opinion of some parts conditions continued

In

which consignees are involved,

Cloring on a reaction the list markets was that fires in hulla, stable, resulting at times

deterioration for A

with

finished unchanged consequent inability to

to of 13 and cargoes should be studied sudde

delivery Laku

In Israel, the paints net. Opening prices were together. This explains the de- shorter or longer period. Alten- tlon was drawn to the special

regime 121

off seven points, of the

present austerity efsion of the council

up nine this nature of the labour problem in imports restricts these mainly to New Orleans closed off 14 to 15 International Committee

.elements Indonesia. Bud

essential commodities imported points. year to hold an open meeting on

and in grent either by infiltrate freely

Government or by After

a brisk opening the the subject.

Lowe numbers into the fenced

and public and semi-public

bodles. whole market turned quiet The report

by | Hum concludes

with business coming to a halt Cargo Loss guarded harbour-areas. In these Yugoslavia mentions a few cases staling, that the

for frequent long intervals. Committee remains conditions it may castly happen when consignees have Prevention

ba infected to take up bales of colton

two de many coolles are

No. 1 rubber per lb. Oct. 6344-03% The issuance of only

November at the disposal of the national

and join the thieves in destroy-cause of inferior quality.

livery nuties brought covering

December

03-04 of associations, both for study

and looting cargoes. In

exist demand from speculative shorts No. 2 rubber per 1. Oct. (7) Does port

0532-0216. For congestion subjects of general interest, ond g

the outlook was not with overcrowded terminal

No. 3 rubber per lb. Oct. 50-60 for rendering the associations general

were not being facilities contributing to delas and trade interests in October.

Southern offerings followed No. 4 rubber per lb. Oct. 304-20

027-83% Spot rubber unbaled expert assistance in questions of good. Ships

discharged as rapidly

checking? Gen- in the 0: as and Improper

of heavier sp31 Blanket Crepo the wake

8135-5215 more local nature should they efficiently as was once the case. crally, the answer is

09-71 in the market sales. The ten designated No. 1 pale crepe be brought to the attention

although negative,

bere

and spot markets reported 86,177 the committee on national asso-

there reference is made to the bales sold followed an addition-

by the men themselves. London, Sept. 28, elation level.

Ireland reported n tendency consequences of strikes. In India, al 30,000 bales on Saturday. The committee

Some observers commenced to The rubber market was dull

In the last annual report of over by Mr Harold Jackson, towards improvement, and israel some delays arise in respect of

turn attention toward the next with No. 1 RSS spot quoted at

the Liverpool Steam Ship U.S.A. The report is unanimous, considerable improvement arising railway bookings to the interior.

that Government crop The general picture s

forecast on 18 pence per lb. Prices were:

Owners'

reference Association the British members signing from technical arrangements in The

~8~~ Preliminary ideas No. 1 ASS. pol... in conditions are Improving the October

2015-101 the introduction

Settlement

18%-B1 ot being Messrs. A. Glanvill Smith ports and

suggest an October 1 prospect

18-10 Business {Institute of London Under- Haifa of a joint tally for general world over.

(8) Ilus any commerelaj or some 400,000 bales below the writers) and Kenueth Stacy merchandise, Italy drew alten-

pro- previous official figure of 5,159,- (Lloyd's).

tion to "nahy Important pay-zanisation taken steps to

port or 000 bales. Unusual hot and dry to put the The questions

ments for gentral average con- test against laxity in

in some sections is conl. Pakistan terminal management. If such weather varlous markets were searching, tributions"

reported a decrease In volume exists? - Such positive action thought to have cut the pros They included the following:

Australia, pect down that much in the (1) Principal causes of losses of claims, but increase in ratio has been taken in to merchandise destined for your

of

presided

BETTER IN IRELAND

on

of losses, the apparent contra- Canada, Chile, Denmark, Egypt

markt?-Pilferage figures in a diction being attributable to the Finland, France, Greece, India. Past month.-United Press.

on-

Impart policy

at

Indonesia, Israel,

aly, Pakig- South Africa tan, Philippines Lebanon, and restricted

South Africa, present in force.

slight decrease, Spain, Syria possibly similar report being by Spain.

More Wool

Exported

United Press, LONDON MARKET

General market eif basis

No, 1 RSS Estale crepe thick

thin

18%-10% unquoted ******* 2014-2015 United Press, NEW YORK MARKET

New York, Sept. 25. Rubber futures, today closed two points lower to live points higher. Spot No. 1 RSS were cents per lb. quoted at 22% Prices follows:-

of futures

Dec. March 194 May July Sept.

were

22.65 bid

22.05 htt 24.65 bid 22.65 bid

22.05 bid United Press.

Fewer Ships On Slipways

is not taken to a higher level

was made to the revised Inter- of the national Regulations Prevention of Collisions at

and doubt was "whether the new signal of ave **T- short blasts, authorised in tain elrcumstances of emergency,

pro-

any

is necessary or desirable", the association "would have 2880) ferred to have seen the proposal for its introduction abandoned.” The association, is not by

Alone in thinking along means

Unca Many these

highly- qualled and experienced mariners, past and present, con- sider that paragraph (b) of the new Rule 28, which states that power-driven vessels "may" give in "at least five" short blosis certain circumstances, might have been better omitted. Surely the. association was just as entitled any to express its opinion other responsible organisation and experience or individual, may prove that its doubt in was justifled. — this regard

as

number of the replies as the of principal Individual cause loss, but sweat damage is also

presented the United States. In the Jast- given pride of place in several

named country the under- reports, Other causes mentioned

subscribers to and writers are there

AUD Sweden replied that are fresh-water damage, defce- live

Sydney; Sept. 28. Live packing, rough handling was a 25 per cent advance, in contribute to the support of the

export Security Bureau, Inc. (inferior packing materials and the theft and pliferage

Australia exported 80,021,000 (D) Are any protective mea- contributing position, but a 30 per cent de- being

Governmental, Ibs, of wool in July as compared methods

aures taken by overaЛi factors), fire delay in taking crease for imports-an

United port, dock, or terminal authori- with 82,747,000 in June and decrease of 15 per cent. storage, inadequate delivery,

reply

57,018,000 in July, 1952, faulty stowage, lack of super- Staics-on the whole, no change. ties?-in most cases, the

by to this question is covered

or the total 28.123.000 lbs. the United Kingdom vision during transit, and so on. Yugoslavia a considerable de-

addi- went to other replies, but some to the crease in losses due In fact, in one country or

tional Information is

forth-against 20.372.000 in June and containing of bags other every maritime perli and bursting

coming. Thus, It is stated that 18.151.000 in July last year, and to the United "prin- cement.

(4) Are most of the losses in the port of Montreal the 4.343.000 lbs.

New York, Sept. 28, cipal source of claim.

to States as compared with 3,857,- sheds are rented annually Incurred prior to oral agents of regular lines and cach July last year.

With 000 in June and 14,301,000 in

no now contracts discharge from the vessels? —

month reported for the must provide its

Exports of wooltops amounted August, the number of large sea- to 719,000 lbs. during the month, going or inland waters merchant such mensures have

which 10,000 went to the versels under construction or on felt possible to indicate how

anti 356,000 to Japan.

5. of September 1 showed July shipments of wool waste! further decline. Only 61 vessels, during tive they have been,

816,000 lbs., including of 1,324,110 deadweight tons. 40,000 to the United States, a 407,000 to Japan and 243,000 to were on contract, secording t

n report released by

the Ship Italy. China Mall Special.

builders' Council of America,

Chicago, Sep 23. Deliveries in

in August

Prices of grain Tulures clered prised three cargo ships, three today as follows:--- jankors niid two, bulk" ore

cerned about the scattered lay-velopments in the threatened extraneous risk forms &

and

ofla in various industries the threat of foreign competi- longshoremen's strike. In raws, dealers reported limited offerings

own done..

or Liverpoot Journal of Commerce.

commodities The consensus of opinion is thatce force, which is

prior vessel, and in at least been operative, it is not always United States, 283.000 to China vrider at United States chipyards Grain

CASES DIFFER ilon in the textile industry of Puerto Ricos for October Additional

cutbacks in the

(2) Principai clearance at 6.45 cents delivered,

of the losses are incurred vary most petroleum Industry also damp- ened buying enthusiasm to with Philippines' a point higher affected? These naturally

from country to country accord-prior to discharge from the Where certain extent. A few high-for late October arrivals,

In the refined market some ing to the nature of its trade, over

con- che case it appears to be priced railroad stocks made the

weakening was reported in No general underwriting best showing todny.

and clusion can be deduced from the that many losses occur

Many of the South

returns transhipment.

AGENDA BROADENED, localised in Tyre issues registered gains sections

except ranging to more than a point. Central States. Greater Western answers

Thus, whilst some indicate an absence of reliable Sugar Company, which has been application.

The British

market

Certain minor additions were In the main industrial group,

markets have most trouble with statistics,

mentions the impossibility of made to the conference's agenda others steel shares rose only fraction-selling best refined at 8.50 cents,

the stage raw materials,

during as previously circulated. There with ally. Today's volume totalled was reported making an allow raw

manufactured plopointing anco of 10 points to meet com- dimculty

transit at which losses occur, is a further application for thobo particularly

Compagnies Several markets respect of particular Import the Syndicat des short supply.

corrugated cardboard car cargoes shows that the majority Marocaines d'Assurance

of losses occurs prior to dis- Limo et Transports, Casablanca,

Morocco. tons unsatisfactory.

Customs The (3) Compared with 1031, la charge.

question of the relation- (5) Are delays there any increase or decrease

to any degree?ship of the union with other in the losses stated under (1)7 responsible

Some

categorically international organisations, and countries

tho Comite particular Australia reported that pilferage losses have declined somewhat, answer.."No" but in others it is In

1.150,000 shares compared with petition in Illinois and adjacent solves small in bullt, or in but experience In Liverpool in membership of the union from

$10,000 shores last Friday.

or the 1,000 Issued traded

017 advanced 221 declined and

arcus.

242 held unchanged. The New York Stock Exchange

October volume was at $3,000,000, and Jantar (1954) the American Stock Exchange March was 210,000 shares.

prices

bond

closed ns Futures follows:-

Contract No 4. (world)

3.24 asked 3.50 331 bid 331 bid

333

3.25

4.00

5.70 nom.

July Reptember closing averages Spot (cents per ib. f.o.b.

Cuba)

Contract No. 0

Dow Jones

were as follows:

30 industrials

20 ralis ...

15 utilities

ES stocks

40 hand

Compa. future price index

204.70

9531 November

40.45 January 101.93 March 05.25 May 130.00 | July

-United Press,

ritish Tea Stocks

London, Sept. 28,

September November

sa nam.

0.01

5.00 bick

3.70 bid 6.77

Spot (cents per lb. c.lf.

NY ex-dock) ... ... 8.03

United Press.

Copra Quotation

locks of tea in London and povincial warehouses on Sept-

New York, Bopt: 28, ober 18 were 00.201,024 1bs., empared with 90,400,000 in the Copra was quoted today at Fevious week, Landings during $105 per short ton, elf Pacife he week were 9,311,112 ibs and Coust. Coconut oil was quoted deliveries 9,310,090.-China Mall at 15% cents per lb. clr West Special.

Coast, United Press,

And

Mari-

were

LONDON TIN MARKET

London, Sept.. 28. Tho tin market was steady. Turnover was 65 tone of which 10 tons were for cashı. Closing prices at the end of the offelal

follows: admitted that delay in delivery Europeen des, Assurances, Paris, morning version but a risc is evident in dama of the goods does occur through : was down for, discussion.

licence

In

Decorsi contrast

wellers

Ware

0074 010

610-607

sellers

BOTY GOT

United Press.

Exchange Rates

com-

carriers. Launchings included two

and two tanker cargo ships Of the 61 verpels on order, 30 were tankers, 21 cargo ship. Were

carriers and on

Seven of three ord passenger-car forry, these ships will be delivered in September and alx more during October,China Mail Special,

Prices In Chicago

Wheat-(No. 2, 'red,' per bushel in

10415

Ceria

Spol

Dec. 103(1) 305-105 March 1054......

100%

Chen-(No; 2, yellow, per buxhet in

May July

cente

Spot

Dec

March 1954

May July

D

of

March 1951

150 102-14 1514%

Nye-(Prices per hushel in pente)",

Dec

1101 12014-120 March 1054" Data-(Price per bushel in cents)

70-7511 7036-16

16414 14715-148

New Paper Machine Starts In Swadon

Stockholm, Sept. 28. Korsnnis Paper Mill Goovie, East Sweden, have Installed a new paper machino may, in the biggest

claires..

no Belgium reported

the Insurance Spol tin, buyers In addition, Chile Custonts formalities, in parti change, as did Canada.

has Bustnos attri-

due to the difficulties Association of Fakistatz cular Improvement

raised the question of "country Three-month; tin, buyers 807 Import by Hon of

njenused to the organisation

The members of this formalliles

Busine bylation have been much Bettlererst of average

dis- Customs control. control dents. This

for until the Egyptian reply states naively concerned over the claims .and charge

operations, goods have reached warehouse but frankly: "Yes, the Customs, such damage which have beca received by them for the last light-fingered considerable area?!!

full of about had brought

The British mar- year or two, and particularly Imported reduction.

gentlemen." la losses of

which, they materials.

bate marked Czechoslovakia reket tertely comments: "Not in since the beginning of 1953.

Other

In Sweden, countries. There appears to be ni vetemeland" - Den- this country.” an Increase,

and some difference in the opinion of Business was done in the locals of kraft paper a year, It has a capacity of 40,000 light decrease. Egyptaro-Jess

exchange, markot, this | tons Thus, underwriters in the various unorteial, attributed a probable decrease frankly state due to the contraction in imports Francesky that this spoiler markets, particularly the United morning at the following fated of general cargo owing to short particularly to certain ports in Kingdom, Japan and the USA. Sterilna note per i

Bibgapore (B(PALLO) and In British country damage claims Pakis Biam Licals (per 100) age of storing and exchange South America (Rio de Janeiro in respect of the payment of Indonesian uilders (per 100 tan shares with the United Indo-Chute lastres (per íõõî' contret dificulties, together with and Santos) the Government policy of | Nigeria,

emphatiyes

dollar (ver $1) 19

When working at top speed it kraft paper per minute whlie can produce 450 metres of $244 operated by only three men.--

China Medi Special.

Boybeans (Prices per husbel; an

2003 Hom

μον.

Jen

March 1964

MARY

...July

Barley Price per bushal in perita)

Bpot ...

New $13.00 nom. United Prom.

York flour. B00 fbe, socke

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