THE CHINA MAIL, TUESDAY, "APT
26, 1940.
ROYAL INTEROCEAN LINES
in the Netherlanen da. KENWRITE FAYA CHU PUITIVELY LISTS MAY, AMSTERDAM
JAVA-CHINA SERVICE
"TJITJALENGKA"
"TJISADANE"
"JIBADAK"
• Arrivals
From Shanghal
& Amoy
27th April.
From Macnagar
& Juvanorts
20th April.
From Macassar
& Java Ports 13th May..
Sallingw
to inveports
Macassar 18th April to Shanghai
28th ApriL
to Javsports & Macassar
12th May.
to Shanghat ' 14th May.
to Java Ports &
Macassar
20th May.
HONGKONG-MANILA---CHINA SERVICE
"TASMAN"
Arrivals
Froin Manila & Amoy 28th April,
Sallings
fu Manlia & Amoy 3rd May,
SUMATRA-MALAYA-CHINA SERVICE
"VAN RIEMSDIJK"
"VAN HEUTSZ"
Arrivals
From Amoy
& Swatow 23th April
From B. Dell & Straits *28th April.
ASIA-AFRICA-S. AMERICA
"BOISSEVAIN"
***TEGELBERG"
Arrivals
From Japan
29th April.
Sallings
TO B DELI
& STRAITS
27th April
7th May. SERVICE
Sallings
TO FAST &
SOUTH AFRICA
* SOUTH
AMERICA,
ard Muy.
"STRAAT SOENDA"
From Japan
21st May
2411 May,
FROM SOUTH
AMERICA &
SOUTH AFRICA,
7th Jupe.
19th May.
22nd June,
18th July.
"TIEKAMPEK"
All Steamers Calling Mombasa & L. Marques Direct.
Transhipment cargo on through Ba/L to Dar-Es-Sajaam.
· Zanzibar ace epled on all salings.
Agents; HOLLAND-EAST ASIA LINE
"MARIEKERK"
"MOLENKERK"
MEERKERK"
"BIJNKERK“
Arrivals
From Japan
& Shanghat
4th May.
FROM EUROPE
30th May.
carly Jutte
early July
Salilogs
to Europe vla
Manila & Straits,
5th May,
to Shaughal, Japan
12th Muy.
TO EUROPE
VIA MANILA,
& STRAITS
and May,
Mick Jun
Mid July
Transhipment cargo
Mediterranean and Northern European ports.
on through B1/L, accepted to Indian,
"SILVERPLANE"
Agents: SILVER LINE
Arrivals
From U.9. via
Sallings LU.S.
Pacific Coast
mid May.
carly Muy.
Office Address: King's Buliding, Phones: 28015, 28016 & 28017
Chinese Arents: 82. Connaught. Rd.
DE LA
Tel. 31106 21533
RAMA
FINANCE
AND
COMMERCE
U.S. BUSINESS TRENDS LESS FAVOURABLE NOW
Cotton Mill Prices Cut To Limit
New York, April 25. Cotton manufacturers spy they are cutting
mill their prices to the limit to stimulate buying and stabilise the textile industry. They say they are Ketting close to the point where the prices they charge just about equal the cost of manu- facture.
The fextile information service, H research organisation, says many types of cotton goods al- į ready are selling at cost or be- Inew. The converters, the mer- chants, the retailers have been buying cloth one hand te mouth s for some time, es in the cotton textile marke have
been reme
Roods.
New York, April 24.
Business trends in the United States were less favourable this week as a result of a post-Easter dip in retail sales and a sudden turn for the worse in labour relations,
The let-up in demand for consumer goods was a natural aftermath of the big push to get the Easter shopping season over the top after the lote stort this year.
It had been expected by most retailers who used the lull in pep up sales forces and
special prepare for
season! promotion for the remainder of April.
The stock market, had one of by worst weeks of the year, de- clining every day from Monday Nearly US11,300,- up to Friday. |000,000 was lost: from the quoted value of shares Usted on the, New York Stock Exchange, Stock males totalled 6,220,817 compared The new credit regulations with 3,712,332 last week-Asso- of the Federal Reserve Board,ciated Press. to come into effect next Wed- nesday, will come in handy in these
special sules because household articles like radios, refrigerators and furniture are removed from all credit res trictions if the sale comes to less than US$100,
It is this type of consumer be a softening. The purchasers goods that has been the turdest have been afraid they would be to sell, this spring. The so-called underetit after paying
"ittle fellow" and his small pur- the cur- Tent price
chase has been absent from the At the mi fevel, there have market place because too much reine curtailments and cut-of his weekly pay has gone for harks to prevent inventories from essentials such as food, clothes, piling up. Some Industry lend-, and rent. crs.recently predicted further. curtailments
dectining Curta trend ON domestic coltan con- Stumption
101 until Fatt.
and!
Copper Down To New Low Price
New York, April 25.. Refined copper was offered at a two-year low price of 20 cents a pound last week, and there were skidded another cent, to 13 ΠΟ takers. Zinc
cents a pound and lead drifted along unchanged with meager at 15 cents..
The 20 cent copper price offer- Jussie ed by a lending smelter was one ruanasend one lulf, cents' below the contract renewals, previous smeller quotations
More than a dozen individual Instances of Inbour trouble this week was taken as the opening gun in the armual Spring between Unions and
Jenis VET
chased ores.
salts.
A few days ago two of the nu- hon's morge cotton goods manu- tetturers mache u move they hop- ed would break the jain und start With the state. of business what Custom smelters retine the metal The Don Rivert today, the show this year from copper scrip or from” pur- sings rolling mills and Avondale mills made is likely to
- produce the mest the drama since pre-war days. substantint
reductions in prices of their dress goods fabrics. The rule covered more than n
first popular, 100
quality Iines. And the reductions were were substantial—Don River is much as 12-12 cents a yard nad Avon- date as much as 15 per cent (no collar and cents runge was given.)
this
steel
There were many
price cuts week that extended
into heretofore supply areas which have resisted lower trends. Cop * per refined from segundary
scrap metal declined. talk that lower
There was prices ars next on the list.
A 12-year record high in nuto- the mobile production sparked business chart. A total of 134,- cars and trucks produced in The United was the largest since 1937.
States and Cande mand was reported as strong as output.
The mills that modernised ap- pear to be feeling the pinch less than others. Many say modern
isation helped offset some of the high labour and materials costs, -Associated Press.
Rice Surplus
Certain LINES Now
Report States
ARRIVING FROM. U.S. ATLANTIC COAST
VIA LOS ANGELES & SAN FRANCISCO
m.y. "BENARES"
4.5. "DONA AURORA"
m.v. "DONA NATI"
29th Apr.
Int. May 28th May
SAILING FOR U.S. ATLANTIC COAST ·
VIA LOS ANGELES
m.. "BENAKES“
"DONA AURÖRA“ 3.3. m.v. "DONA NATI"
*.................................. Ist May (calls Shanghal & Japon) 4th June ) 28th June
.......
*
17
"1
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
MARINA HOUSE Tels. 23676-22075
CHINESE SHIPPING OFFICE Tels, 23738--20153
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
M.S. “KAMBODIA”
LOADING ABOUT 9th MAY
for
ADEN, FORT SAID, LE HAVRE, ANTWERP, ROTTERDAM,
HAMBURG; OSLO, GOTHENBURG AND COPENHAGEN. Tanks available for the carriago of oil in bulk,
A
THE EAST ASIATIC CO., LTD.
Queen's Bldg., 2nd floor.
Tel. 34111 & 34112.
The SWEDISH EAST ASIA Co., Ltd.
M.S. "HALLAND"
Loading 12th MAY
ADEN, PORT SAID, GENOA, MARSEILLÉS, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO and GOTHENBURG, For further particulars apply:
GILMAN & CO., LTD.
24 Agunta,
Tel. #1144
Washington, April 24.
The Agriculture Departament today reported that stepped-up Siamese rice exports bore out predictions that a large sur plus from the 1948 crop would be available for export this season.
588
Steel production declined I trifle to 98.4 per cent of capacity from 99.2 the preceding Freight car loadings gained, ling 765,890 compared with
784 st week,
The large primary producers→ those which refine copper from 2008 bre originating in their
own mines--still quoted copper at 23- About 75 per cent of copper pro-
cents at the week's
und.
duction in the United States is accounted for
producers. Bra mills last week trimmed the prices of their manufactured Copper products and brass
and other. copper alloy items in pro- portion to the lower smelter price
these by
Hồng Kong Stock Exchange
The China situation has caused
a bad attack of nerves to hit the Market today and prices have suffered accordingly.
SK. 'GOVT. LÓANSI
Iman ikan,
aite Loan (1998 &.1940) - 102n.
Loan (1948) 102344. BANKET
4.K, B. Conk 11.
(Low. Bex.), £izo. Chartered Baph #1011/ign,
Mercantile Bank A. & 11,′′ Ezijn. Bank of East Aŭla 186n.
INSURANCES;
Canton im, 25ân.
Union n. 710n.
Chine Underwriters On.
3)LE. Vise Inu, 2480.
HILIPPING
Dongles 2370.
H.K. & M. Bleembasta 17%gn,
ind Chine (
ĐÔN
Det.) 2. Shell Beater), 04/49.
Uniem Waterboala (X,D.)" 89145, Aula Mar,, fü924
DOCKS. WHARVER, “CÓDOWNA, Éte.c
JL.K. A K. Wharien 123, 12. North Point Wharven Slab, da. Shanghai, Hongkew Whavirá 200. #., Docka 17.HDL, IBM, Chitin Providents In Abueghal fckyarda 19h, Wi Wherineks 2900
MININGS
LANDS, HOTELS AND `ULDINGA: FE.B, Hotela 10%, 21/10.70mm. A.K. Land De
T.K. Misses 61 in.
Staurhal Lamle 26, 2/2 9540. Humphreys 1URO).
I.H. Henities to.
hinem alate (X.D.) 10. PUBLIC UTILITIES:
R.K. Trimimaan 10358,
101.30/10.70.
Peak Trams (ÕÌd). (X.D.) 18«.
(Now] (D. 10.
Star Ferric 117.
C. Lights (Old; 126, 12.006, 1220/30am.
B.K. Electric 106, #13672816mm, Mama Klectrica Stu.
Bandakan Lights 12n.
Telephones 2861, 24* Shanghal Gas 45.
INDUSTRIALS,
Cald. Maez. (Ord.) Xin.
Canton pen.
Cemerita 20.
HK, Napım £0.80p. STORES Ele.
Dairy Farm (XD) 12% b, ́Bia, Stan. Watsons 48, 42Ýra.
1. Crawfoiva (Old) 250.
(New) Z3n. Bincere .900. China Emporium 215. Bạn học h
Kwong Sang Hong 1tzn. Wing On (H.K.) 100n. Wm. Powell, Laé. Min.
MISCELLANEOUS
China Entertainments, die. ILK. Constructions (Old) 400.
"Diew) 45,
Vibro Filings on.
for refined copper. The reduc- Lions also reflecteti repent cuts in quotations were not change. zine. Copper. wire and cable
Zine demand failed to improve notic
afier cut to 13 cents last Tuesday. The noticeably
the one-cent woek total tatal-ince the postwar high broke on reduction in zinc, prices 757,- March 23, thus was four and one
half cents a, pound,
Government buying. again helped to bolster the lead market al 15 cents a a pound, New York, and light tonnages, were sold to industrial users. The Army en- gincers announced bids would be RUDDER, EL, COMPANIES: opened on May 5 for purchase of about 8,000 tons of lead for Ja- pun, 500 tons of which would be shipped immediately.
Single Yen Exchange Rate Begins
Tokyo, April 25. The establishment of a single en exchange rate beginning today is being used 25 an uirgu- ment by foreign banks, which are already doing business in foreign currencies here, for an
It reported that Stam exported 900.000.000 pounds of rice in the first quarter of 1940 as compared with 424,000,000 in the same period of 1948. It added that.ex ports in the first week of April reached 97,000,000 pounds al- early inost four times the amount for the saine week last year.
The Department said this made the December forecast of 2,750.- 000,000 exportable surplus seem reasonable.-United Press.
Harman Investments 9/-n." Marsman (11,K) 2a. Shanghai Loan $145. Yangtans #b.
to COTTONS:
Major non-ferrous metals prices: Copper, foreign, 20 cents a pound, New York.
i
Lead, foreign, 15 cents. Zine, foreign, nominal, 19 cents. Aluminium pigs 16 cents, ship ping pòi t.
Antimony 41.72
cents, cased. domestic banking field on the cent manganese, 152 to 3175 à
advancement into the New York.
Ferremanganese, 18 to 82 per me basis as Japanese banks, gross, ten, shipping point. the materialisation of these plans sale, New York,
Finance Ministry circles expect Platium, 7% an ounce, whole- within the next two or
three months.
Of course, SCAP permission
Money Market would be required before foreign
hanks could accept deposits in
ASINer, 71.5 cents an ounce,
York.
Thi, $1.03 a pound, New York, Quicksilver, $85 to $37 a Hosk
6 pounds, New York.
Evo 26
Alms, laten, 41źn. Batu Anam 20. Buts Flantatkins In. Chemore. Waited Mn. Cheng Rubbers) „2Th, Consolidated Nubbers in. Padang Xubbers, „Zốn. Renah Rubbers 35m, Rubber Trusts 16, `de.
Semneregs_Rubbers 7ón. Bembu Rübbere 10. Shanghai Kedaha Il. Shanahai-Malaye, 40%, Shanghai kontatzen 10n.
Bu Mungg 29,00h. Bungri Dorla Hob. Tanah Méraha "Izon.
Notice To Consigneös
Conciziices, Ter
"BENWIVIS”
Outstanding feature of the The Asahi Shimbun today rel$24.50, New York. Assoclated cargo is being discharged into
Tungsten ore, Chinese, 823 toare hereby notified that thel
moncy market yesterday was the
big spurt in the US dollar which ported that general understanding Press. Jumped nearly 40 points na com- on the question has been reach pared with Saturday.
ed in
in a conference between re- The closing rate on Saturday presentatives of foreign banks WON HK$5.08. Yesterday it was and officials of the Tokyo Bank- $0.00. It was already $5.80 when ers' Federation,, which
is com- the market, opened.
posed of Japanese bankers, fa
In less than a week the price recent meeting at the Bank of has advanced by more than 40 Japan.
cents.
Sterling
on
of
the Hong Kong, & Kowloon Wharf & Godown" Co.'s. gor down, where it will be at Con Notice To Conilgnees signces' risk and subject to the M/V "SHANSI””.
Wharl's terms ́ and "conditions of storage, and where delivery may be obtained.
arrived at
the
surveyors,
"At present nine foreign banks Damaged cargo ex this vessel Damaged, packages' are to be was also higher at are doing business in Japan. will be surveyed by Messrs. HK$10 as compared with 15.85 These banks are the Hong Kong Goddard & Douging at Kowloon left in the 'Godborne for ch pounds were down five cents to the Chartered Bank of India, Godown No. 14 on the 28th and
Saturday: hut. Australian & Shanghai Hanking Corporation, Whart and Godown Co. Lid'e amination by Chiguers and HK$13.15.
Australla & China, the Bank
Company's Plastros oponed: at.. HK$10.70 n ] Americh, 'the Chase 100 and closed-nt $11.03
National 27th April 1949, and consignees Messrs. Curiofidel 2-Clarke, Bank, The National City Bank of representatives are requested to at 10 am on April 28, 1949. New York, the Bank of China, be present during the Survey.
te Banque de L'Indo-Chine, the Heliverlands India
Commercial Banic and the Netherlands Trad- ing Society.
to
Ticals dropped 20 cents HK$23.80 a 100. ཏ་-་མཉ་
NEI Guilders, after opening at HK$31.00 a 100, closed at $32.30. Gold Yuan was more or less unchanged. Tiong Kong delivery Unill now the work of these was recorded at 12 cents for banks has been limited to remit- 10,000 yuan, and Canton remittances by Occupation personnel tances at cents, Shanghaice- and foreign nationals and the mittances were still booked. Yes-andling of the business of for- terday's rato was six cents.
eign Buyers in JapanHeuter.
S.S. “UNION POWER”
Sailing for
BANGKOK, MADRAS and BOMBAY. 30th April, 1949.
For Freight & Particulars please apply to Freight Department: WALLEM & COMPANY
Hongkong Bank Bldg., Hongkong.
o Teis. 34177«H
BUTTERFIELD & SWIRE, Agents
To 'comply with the General Bonded Warehouse Regulations Consignees must hhvp "a Re venue Officer in "attendance Australian-Oriental Line Ltd. when damaged dullable goods
are examined.
Notice To Consignees
B/S "CHANGTE" arrived 22.4.49.
No claims will be reültted, ufter the goods hïve "left" the steamier's godowns, and all goods remaining "underverod after April 29, 1949, "#111 156 subject to rent.
Damaged cargo txthila Vessel All claims adfast the steam- will, bé surveyed by Messrs. 'er mint Bo presented to the Goddard & Douglas at Kowloon) undersigned on "or Before Wharf, and Godowa Co., Ltd.'s 14th May, 1040, or they will Godown No. 254, the 27th not be recognised. and, 28th Apiti 1949, and con---
requested to be
the Suffey.",
Fibre
AMERICAN PRESIDENT
Cargo Oll. Tçüke "Refrigération—Catgoodīze
TO HONOLULU AND SAN FRANCISCO ·
vłą SHANGHAI & JAPAN
"General Gordon" (via Manila & Japan)
-May 7
Froident Cleveland"
May 22
"President Wilson"
June 12
TO SAN FRANCISCO AND LOS ANGELES
via JAPAN
►
#Prekidént McKinley"
"President Taft"
May 11
May 20
TO NEW YORK, BALTIMORE & BOSTON via PANAMA
"President Grant" (Direct to Pacific Coast) "President Johnson" (Direct to Pacifle Const)
May 7
Juue 16
ROUND-THE WORLD
YIA, MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ
PORT SAID, ALEXANDRÍA, NAPLES, MARSEILLES,
GENOA, NEW YORK and BOSTON
Bev
"President Van Buren"
May
"President Jefferson"
May 16
"Marine Snapper"
May. 28
"ARRIVING FROM SAN FRANCISCO
"President Jalinson"
May 10
Bt. George's Bldg.
Tel. 28172/5.
American Pioneer Line
Arrivals from New York, Boston,
PIONEER BAY PIONEER DALE" PIONEER LAND"
Other Atlantic Ports via Panama
May 2
Muy 19
Muy 21
Sallings to- Manila
"PIONEER BAY"
(Thence to New York Direct)
Muy 3
PIONEER DALE
May 20
"PIONEER LAND"
May 22
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
Shanghai, Japan & Panama Canal
Special Cargo Oll Tanks-
PIONEER BAY" (via Manila) Dan May 2
Salis May 3
PIONEER MAIL"
Duo May 12
Sails May 14
"PIONEER DALE"
Duo June
7
Sails June 9
Due June 13.
Sails June 15,
"TIONEER LAND"
For Full Particulars Call
2
The above list indicates the principal ports of loading and discharge as presently intended but not their rotation. For further information see, schedule at the Company's Office.
UNITED STATES LINES
Company
Queen's Building..
Tel. 31251. (3 Unes)
BEN LINE
1
ARRIVALS.
FROM
U.K. via Singapore
"BENWYVIB" "BENLEDI" *BENBINNES **DENAVON" "BENARTY" **BESVENUE"
.U.K.
SAILINGS
SHIP [“BENWYVİS“
**DENLEDTM" +"BENAVON" İ“BENVENUE”
TO
I'BESRINKES"
"BENARTY"
Genoa, London, Unil & Leith.
London, Antwerp.
Rotterdam, Hamburg.
ចាប់ផ
"In port Abt. 5th May, Early May 2nd half May. End of May, 1st half June.
LOADING
27th. April. Abt. 7th May. 2nd half May.
2nd half June.
Liverpool & Glasgow 1st half June.
Liverpool, Havre, Antwerp, Rotter
dam, Hamburg
Accepts cargo for Japan
cals at Port Budan.
Calls at Hull
2nd half June.
For Further Particulars," Abnly To- R. LOXLEY & CO. (CHINA) LTD.
Agents
York Building.
Telephonet #4185.
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "BOUGAINVILLE"". Loading 30th April M.S. "SUNNYVILLE”.
30th May
M.S.
mee <will be
ARRIVALS FROM PACIFIC COAST: FRANUISVILLE
19th May
Balling to Singapore, Port Swettenham
Penang, Belawan & Batavia n (NCISVILLE"
tar, Acosmmodakları
Freight" Atterrén,
FING
20th May
LINE