1'age 14
THE CHINA MAIL, SATURDAY, JULY 23, 1949.
ROYAL
INTEROCEAN
FINANCE
fr...
COMMERCE
LINES U.S. Drive To Cut Rubber Hong Kong Prices Dangerous Policy
JAVAPORTS and MACASSAR
"TJIBADAK" ............
**TJISADANE"
** FJUTJALENGKA“
**TASMAN"
→THBANAK”-
SAILINGS
2nd August
184) Augu
1st. Sept.
MANILA
SAILINGS
....... 27th July
. 2nd -Augués ---
ARRIVALS
4th Augant 18th August
ARRIVALS
26th July
SINGAPORE, PENANG and BELAWAN DELI
"VAN RIEMSDIJK"
"VAN HEUTSZ" }
SAILINGS ARRIVALS
1st August
16th August
23rd July
Sih August
**g "Passengers accepted to Singapore anis
EAST & SOUTH AFRICA & SOUTH AMERICA
"BUYS?
TJIRODAS" **
"STRAAT MALAKKA"
“BOISSEVAIN"
ARRIVALS
SAILINGS
,10th Aug.
7th Sept.
5th Oct.
18th Aur.
4th Nov.
28th Sept.
Calling at Mumbass & L. Marques Direct. Transhipment cargo accepted on through Bs/L to
Dar-Es-Salaam and Zanzibar.
to passenger accommodation.
JAPAN
SAILINGS
ARRIVALS
"BUYS
7th August
Agents: HOLLAND-
—EAST ASIA LINE
EUROPE via MANILA and MALAYA
"AMSTELDIJK"
"KUNKERK"
"MAKJEKERK"
SAILINGS
ARRIVALS
23rd July
End Aug.
Early Aug.
End Sept.
Early Sept.
Transhipment cargo accepted on through 1/4, to India, Mediterranean and Northern European ports.
"AMSTELDIK"
JAPAN
SAILINGS
ARRIVALS
22nd July
KING'S BUILDING: TELS: 28015 to 28017 CHINEST AGENTS. 82. CONNAUGHT RD. C Tels. 31196-25133
DE LA RAMA LINES
ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. "BENARES"
Early Sept.
SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES
my. “DONA ANICETA" (calls Japan) «..........................
Mid Aug.
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
MARINA HOUSE Tels. 33676-22075
New York Stock Exchange
New York, July 22. The largest decline in three
weeks interrupted the stock
market's Summer Thursday.
rally un
Los Tauged from fractions to
pont. Profil" taking. around #
anú combined with investment Speculative
were held timidity mamly responsible for the down- ward trend.
London, July 21.
| Americans driving to cut Malayan rubber prices we were accused here tonight by Mr. F. D. Ascoli, Dunlop rubber chief, of following an ill-inform- ed and dangerous policy" which was against United States foreign policy and helping Com- munism in South East Asia.
Stock Exchange
This week has been character- ised by its extreme dullness and neglect. Quotations, after being hove лоч lendy for a while.
many cases and, given way in generally, the Market is ensy.
H.K. GOVT, LOANS
"Combating Communism), Mr. Ascoli fold Reuter, H. GOVT.
"is for more important than a suicidal fight between natural and synthetic rubber.
"And believe me, unless 10,000,000 Malayan Chinese, Indian, Indo-Chinese and Indone- sians in South East Asia depondent on rubber can be kept in a state of reasonable pros- pority, nothing' can prevent a` `victory for Communism and the collapse of Western democratic. idcals on the other side of the world."
Transfers were 700,000 shares, Among stumblers were National
Aged 65, six-foot tall, broad dale si takes the form of na- Steel, Dinglus Alrerant, Norther Puelle, Gulf Olt, Phictps Dodge.houldered with rugged features ural rubber." Allied Chemica).
Gainers included United Air-
1 Amerienn Woolen, United Airliness, Benguet Consolidated, American Airlines, United Gits,
and iron-grey hair, Mr. Ascoli is Managing-Director of the Dunlop Plantations Limited, which holds 10,900 meren of rubber planta- Bons, the largest area under on: management in the British Em-
Stockspire. averages: Dow Jones 62.00: 20 lustrials 174.59: 15 Huis 44,87; 10 Utiles 35.44.
1
Closing quotations;
Adams Express 19 Alaska Juneau 3% American Con 92 American Smelling American Tricplane 141 America Tobieco 69** American Waterworks 7 Anaconda Cop Attaconda Copper 28
&
Baldwin Locomotive 934 Kendall 46 Bendix Aviation 289 Bethlehen Steel 207, Hong Aircraft 182 Borden Co. 42% Canadian Pacille 12
1. Case 37%
J. J.
Chrysler 19
Colgate 384
Commercial Solvents 15% Corn Products 80%
Du Pont 47%
Eastrean Konuk 41% General Electric 363
General Motors 39%
Goodyear 40%
Homestake Mining 41 International Itarvester 28 International Paper 49 International Tel & Tel 9 Joins Manville 38% Kennecott Copper 485 Mon'gomery Ward 521% National Distillers 18 National Lead 32 New York Central 10 Packard Motors 3% Pan American Airways D1⁄4 Pennsylvania RR 14 Radio Corp. 10 Remington Rand 97% Republic Steel 195 Ryngids Tohneco 375%
Sears Roebuck 39% Shell Of 344 Southern Pacifle 36% Socony Vacuum 154 Standard Brands 103 Standard
of Calif. 01
Standard Oll of N, J. 07%
Studebaker 20%
Union Bug 20
Union Carbide 38%
CHINESE SHIPPING OFFICE Tel. 23738--20153
US Rubber 8534
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
M.S. "MONGOLIA"
LOADING ABOUT 18th AUGUST
for
ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN.
Tanks available for the carriage of oll in bulk.
THE EAST ASIATIC.CO., LTD. Queen's Bldg., 2nd floor.
Tel 34111 & 84112.
US Steel 22%
US Lines 10
Westinghouse 24%
Youngstown Steet & Tube 82% Gen. Pub. Ullities 13%
Bonds weakened. Among curb stumblers were Barium Steel, Cities Service, Derby Oil.—Asso~ cinted Press.
+
Money Market
US dollars fluctuated between HK$6.28 and $6.38 yesterday, opening at the former figure, and closing at $0.33.
.
TT was put through between HICŞU,30 and $0.30.
The parent
the company, Dunlop Rubber Company, om- ploys a Capital of £30,000,000 and manufacturers in 13 fer- ent countries.
Mr. Ascoli, who recently tour cd Malnyn, has already warmed the British Commonwealth that
Mr. Ascoli snk that the rea- attack un natural Kon for this rubber was clear.
"Early in 1950," he said. "the existing legislation in the Unitext States regarding the ownership of the synthetir and operation rubber plants and control over the usage of the product comes belore Congress for revision. The advertising campaign m torm of incubation of ideas in the minds of Congress members.
"Wild
production of
natural
ir Malaya became Communist, rubber is approximately 1,500,000 Australla
New Zealand tons and would not be wort
Ine fingers.
#shup of
* Lawn (1034 & 1043) 100.
Loan (191k) 190m.
ВАУКА
... Bank 168, 1610m.
flon. .. X.D. ENT. Quiered Bath £10 /tón, Mercantile Bank A. & B. £3. Bank of East Aale 114m.
INSURANCES
Citati Ina, ESEN. - Lalon Tra QROTE, China Underwriters 4,05A 21.K. Fire An, 246am.
SHIPPINU
Dougicorn 28an,
1.K. & M. Heamboats 17. Indo Chinna (ref.) 80ja.
(Def.) 2. Shell Bearer 06/30. Union Waterdumia Bore. Arla Nat. 85b,
PUCKS, WHARVÈS, GODOWNB, Ete
& K. Whores 120m.
North Paint Wharves fin
Shatachal angker Wharven 176. 1.K. Duck Nim
Chinn Providents 12jn. Bhangi Dockyarda Bju. Wheelcke zab.
MINING
lol hitney A... 1.K, Miura Dijn,
-
LANDS, HOTELS & ULDUB. H.. Ifitri, 11je. H.K. Ltd 04, 0.
Shanghai and 2.20 2.40au.
Humphreys 118m.
Ninety per annum.
par
South-East
H.K. Telles 21
from comes cent
ton: total of 200,000 Asia.
A comes from other areas, Ameri- He has alyn to the British ta requires 800,000 tons, hence
the Iron Curtam people: "I! falls on Malavan rubber, it means one meal loys a day for you."
'nnee
121
She is largely South East Asin, a never admitted.
th dependent
fact that is
Tonight, he said that Anwri- "The Amerlean attack is di cans admitted with some relurrected at the rubber estate In- int, there hall been adustry. It purposely avoids the the three-fold inercase in the cost of fact that more than half production of Malayan rubber. production of South-East Asia is When then, he asked, did thay derived from the smallholder-
the peasant farmer-who relies consider the price too high?
his ilvelihood for
wholly partly on rubber."-Reuter.
A claim that the nutput of rynthetic rubber was restricted by Inw in the United States was ontirely wrong, he declared:
Е
"The law," Mr. Ascoli suid, "ingista on minimum, not maximum, usage
synthelic minimum rubber, The
its down is
pzr approximately 25 cent of the total usage. Usage. In 1848 was 40 per cent synthe- 'le and 80 per vent natural.
"The pipsent price of standard Eynthetic rubber is 18-1/2 cent per pound. The price of na- tural rubber is 16-1/2 cents. It Wedmilled that for many pur- pores--icrry tyre And acroplane tyre, form rubber and so The
synthetic substitute Kunno! be used.
•
nt
World Shortage Of Whisky
it
Montreal, July 21.
Anderson, Mr. Leycester Scottish distiller, said that world shortage of Scotch whisky can be expected in the next year or two.
The chairman of the Leith Arm of V. G. Thompson and Company, Mr. Anderson said in an inter- view that Scotland's whisky pro- duction dropped from 20,000,000
to on gallons in 1939 3,000,000 in
1942.
"Claim and fucts are generally inconsistent,
ure but they prevent
with B being pressed heat that is scorching the ad- vertising columns of the Ameri- yan press. This heat does not however, aller the fact that 60 per cent of American consump
In 1943-44 there was no pre- duction.
He said that although the in-. dustry is now working towards its 1930 output, there would be a definite shortage in the next because it takes couple of years seven years to nge Scotch.
Mr. Anderson is returning to Scotland after a business trip in
lion in year und this year to Canada-Associated Press.
Anxiety Over British Business In China
London, July 21.
The position of British business in China was cous- ing considerable anxiety, Mr. Hector McNeil,
· British' Minister of State, said in the House of commons tonight in the course of winding up a debate on foreign offairs.
Sterling was firmer at HKS-Mr. McNeil said that British efforts to make.contact
16.70, while Australian pounds were weaker at HK$13.70.
Piastres were again quoted nominal at HK$12:00 a 100.
Ticala wore HK$28.30 a 100.
NEI Guilders were lower at HK$34:80 a 100,
with the Communist authorities in China had not been entirely successful.
life and "Quite plainly," he declared, disrupt the 'normal
bconomy. unchanged at "there is no Communiat author
But the ordinary ity for all China or even the people are having their sug
CATEUR We have parts they represent. not even had a formal request for recognition, not that. we could accede to it in these conditions.
Pacific For Cart Live Inc.
Fast Regular Trans-Pacific Service
DIRECT
SAN FRANCISCO, LOS ANGELES
Vin
IRAN VICTORY"
"HURPRISI" +
—""LUXEMBOURY_VICTORY"
"FLYING DRAGON"
OVERLAND
/ NEW YORK-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN & CANADIAN CITIES.
'Aretro"
Bail
Han Francisco & Los Angeles
| via’Etstugbal. "Tafsber |Ban Francima & Las ́Alaska. 5.Bar. Franskog ik÷lên hardly).
·Ban Franciovo
July 20
---Mua - Franciscu.
Den Franciaco
ARE. Avg.
Ang 18
July 20
Ang
Avg.
"GREAT REPUBLIC" 4
Sans: Viancisco
2. Bet
de Dry Cargo Bhat Bone Hall.
For full particulars call General LŠIU UNFIED STATES LINES PO.
Chinese Exlates 166.
PUBLIC UTILITIES IX. Tramwnys 16, 17.10. Peak Tram (Old) 19n.
[Now) 20, Bar Ferri 10.
C. Lights (Old) 12.8Cu.
(New) R, #2, 1.K. Electries 32} #2/»», Macko Eletrics 2015, 20cm. Bundakan Lights Telephours 2. Shanghal na dr
INDUSTRIALS
Cald. Harg, (rd) 28.04. Canton de Jes
Cement 254«.
ILK, sõja,
Dalry Farms 36jk, Watu 48rs,
STOREY, Etc.
01/31øm.
L. Crawfords 10ld) in,
(New) 23. Nizevzem 1.20mm, China Ensporium Oh, Sun Co., Ltd. 30.
Kwong Haus long 12 Wing On (H.K.) 8. Wm. Powell, Ltd. ojn.
MISCELLANEOUS China Entertainments 18,
LK. Couptructkins (d) an.
(New) [n, Vibm in 16. Marsman Investments Dn. Marstone (B.K.) 2. Shanghal Tour 1.stm. Yuppieces Sb.
Ewa Gu, bum.
Corrong
RUDDER, Ete, COMPANIES Alma Eisler Idu. Anglo-Dutch Jun. Anglo-Java 10. Duty Anama 40 Jute Plantatiune do, Chemore Uelted un Cheng Hubbers 26n. Consolidated Rubbers in. Domigion Rubber 18. Jakala 616
Arpah Rublers Jun, Rubber Truita Ba.
SHARED Rubbers B Rememky Rubbers .25a. - Shanghai Kedabs in, Shaoghal-Malaya 220. Shanghai Sumairas En. Bunget Duris 12in. Tanks Berba „60n. Tebang Rubbers 14ēn. Zlangbe Rubber 16.
U.S. SENATE RATIFIES ATLANTIC PACT
(Continued from Page 0)) :
'It' read: The United States understands and construes
Article 5 to the effect that, in any particular dase or event of an armed attack on any other party or parties to the Treaty, the Congress
of the United expressly implied
"In Burma, for example, des States is not pite all the difficulties, an extra or morally obligated or commit ordinarily good contribution to ed to declare war, or authorise employment of the millary He continued, "Rejection of recovery has been made by this our attempts to effect a working year, rice, production, a surpris: navnt or air forers of the Ualled States against the nation`or na- relationship tends to contribute to ingly good total of 107,000 in thors, making sald attack, or to a stagnation of trade. The post-out of their promised quota of test its armed forces the tion of British business in China821,000 tone...
in causing considerable anxiety,
50
So long as no working arrange- The Government, Mr. McNell mont is accepted by the Chinese said, extended congratulations on Communials, distress and disloca- the progress made in Indoncala sion will continue to be vialled where all sides had an opportun on all section of the Chinees ity to display stalemanship in
arying circumstances. People"
Mr. McNell also spoke about South East Asia.
Not Gloomy
Hallon or nations attacked, but shall have complete freedom In considering the circumstances of cach care to act or refuse to act as the Congress in iis didengtion shall
Two other withdrawn.
امیدوار
"dóterns, reservations..
were
fourth vote that of full "We believe, and there is aun to hope, that a round-lable approval came calm com- conference may be held at The trust to the bitter.doba.cs. over, Hague during mid-August. If American participation in the thest people manage to work out League of "Nutions.
1 can and kem quia moralcart bbout it, 11 may have to decisive effect ported: the finall
Only two Democráti #total) parti" be that mean wek | on the general recovery Treaty,
Model an! 11 Republicans, ynt
retincation temats bor the - Communists:
He said that this area did hoi present
picture.
an altogether : rödme la estlaffetory, agreement, and wal-Shamajasmocratie parties' mip➡"|
concluded, Reuter,
the
AMERICAN PRESIDENT LINES
"The Global Fleet
TO HONOLULU AND SAN FRANCISCO via JAPAN
"President Wlison“
"General Gordon"
TO SAN FRANCISCO AND LOS ANGELES
"President Tart" "President Madison"
Arr.
July 31
Sail..... Aug. * Arr....... Auk. 4 Sall Aux.
via JAPAN
Arr.
Juty 27 Sni
July 28
Arr. Aug, 10 Spit ...... Aug. 11 TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA
"President Fillmore"
"President Tyler"
Art..................... ABK 10 Ball. Aug. 11 Arr....... Sept. & Sail...... Sept. 7 ROUND-THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, KARACHI, BUKX,
PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,
GENOA, NEW YORK and BOSTON
Arr.
"President Monroe"
July 26 Sall....., July 2 "President Buclianan" ... ÄTT. ...*** Aug. B Salt ...... Aug. 11
TO SOERABAJA, BATAVIA & SA
SOENGEI-GERONG
"President Tyler"
"President Grant"
Opposite Star Ferry.
Arr. ......
Sall July 30 Arr...... Ang. 26
July 31 Salt...... Aug. 27 Tel. 28172/6.
AMERICAN PIONEER LINE
to and from Atlantic Coast Ports of
the United States
and Far Eastern Ports
NEW FAST CARGO SHIPS
ARRIVALS FROM ATLANTIC
"PIONEER COVE"
July 24
"PADUCAH VICTORY".......................
Aug. 13
"PIONEER TIDE" "PIONEER MAIL"
Aug. 18
Sept. 4
"PIONEER COVE"
SAILINGS TO MANILA Calls Cebu
July 25
"PADUCAH VICTORY" "PIONEER TIDE" "PIONEER MAIL"
Aug. 14
Aur. 19
Sept....5
SAILINGS TO
NEW YORK, BOSTON, BALTIMORE PIILADELPILIA via JAPAN & PANAMA CANAL
כי
PIONEER SEA"
Arrives July 28 "Balls July 30
"PIONEER COVE"
Aug. 10
"PADUCAH VICTORY”
Aug. 12
"PIONEER TIDE
Aug. 30
2
Sept. 1
Sept. 4
か
Sept. 6
For rates, special information coll
UNITED STATES LINES
Queen's Bldg.
a
COMPANY
Tel. 31251
The above list Indicates the principal ports of loading and klockargo
as presently intended, but not thile rotation. Fue fürther informa
then a chidole at the Company's Office.
STATES MARINE LINES
FAR EAST SERVICE
FROM U.S.A. PORTS
S.S. GEORGE LUCKENBACH”
Due 5th August
GOURLIE
Union Building
Agents
CO., (H.K.) LTD.
Telephone: 31341.
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE”
Loading 29th July ARRIVALS FROM PACIFIC COASTVENE M.S. "BOUGAINVILLE" :
25th July
MS. "SUNNYVILLE" ..
21st Aug
Sailing to Singapore, Port Swettenham
Penang, Belawan & Batavia
MS. BOUGAINVILLE” Alege 27th July
Fassenger Accommodatios
· Chinees: FreigRETARIA
HOO FOOK
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