THE CHINA MAIL, FRIDAY, OCTOBER 28, 1949.
ROYAL
INTEROCEAN
LINES
JAYA PORTS and MACASSAR.
SAILINGS
1st Nov.
15th Nov. 3rd Dec.
"TITTJALENGKA”
"TJIBADAK”
TITTJALENGKA”
MANILA
"STRAAT SOENDA”
**TEGELBERG"
“TJIKAMPEK">
8th Nov. 30th Nov. 28th Dec. .25th Jan.
"BOISSEVAIN”
SAILINGS
ARRIVALS
28th Oct. 10th Nov. 29th Nov.
ARRIVALS
10th Nov. 8th Dec.
*No passenger accommodation available.
SINGAPORE, PENANG and BELAWAN deli
"TJITJALENGKATM
"VAN HEUTSZ”
"TAJALENGKATM*
FINANCE AND
COMMERCE
TEXTILE EXPORTERS
IN THE
New York Stock Exchange
SAILINGS: ARRIVALS
New York, October 25.. 28th Oct.
Like The market hovered around
1st Nov.
17th Novi
3rd Dec.
12th Nov. 29th Nov.
Calling Singapore only.
EAST & SOUTH AFRICA & SOUTH AMERICA
"BOISSEVAIN"
"STRAAT SOENDA”
*TEGELBERG”
"TJIKAMPEK”*
1949 high
on Wednesday
with
numerous key stocks edging up to new highs for the year in a
improved generally
market. 1 Gains ranged from fractions to of
two extreme
around
SAILINGS
ARRIVALS
an
points.
.Sth Nov.
10th Nov.
28th Decr
25th Jan.
10th Nov, 8th Dec.
to settle the steel strike.
all outward appearances. ever, both he steel and strike still were deadlocked.
Calling at Mombasa & L Marques direct. Transhipment cargo accepted on through B's/L to
- Dar-Es-Salaam and Zanzibar.
* No passenger accommodation available.
JAPAN
SAILINGS
"STRAAT SOENDA"
.9th Nov.
ABRIVALS
23rd Nov.
"TEGELBERG"
12th Nov.
24th Nov.
TJIKAMPER”*
10th Dec.
21st Dec.
"TEGELBERG"
15th Dec.
--26th Dec.
*No passenger accommodation available. Agents: HOLLAND-EAST ASIA LINE EUROPE via MANILA and MALAYA
"MOLENKERK”
"MEERKERK"
SAILINGS
ARRIVALS
9th Nov. Early Dec. Early Nov. Transhipment cargo accepted on through B's/L to India. Mediterranean and Northern European ports.
“MOLENKERK”
"MEERKERK"
JAPAN
SAILINGS
ARRIVALS
8th Nov.
Early Nov. Early Dec
KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. CONNAUGHT R.C.Tris: 31196-25133.
DE LA
RAMA LINES
ARRIVING FROM US. ATLANTIC COAST
VIA LOS ANGELES & SAN FRANCISCO
my. "DONA NATI”
m.v. "TONGHAI”
.7th. Nov.
.Late Nov.
SAILING 'FOR US. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES
m.v. "DONA-NATI” (Calls Japan)
...Late Nov.
THE DE LA RAMA STEAMship co., INC.
(Incorporated in the Philippines)
KARINA HOUSE
Tels. 23676-22876
CHINESE BHIPPING OFFICE Tels. 23735-20153
STATES MARINE LINES
FAR EAST SERVICE
FROM. U.S.A. PORTS
S.S "HORACE LUCKENBACH”
Due 2nd November
Agents
GOURLIE & CO., (HK.) LTD.
Union Bailding
Telephones: 20321" & 31341 -
AUSTRALIA-WEST PACIFIC LINE
EXPRESS SERVICE
"CITOS"
Loading 31st October
for
Brisbane, Sydney, Melbourne, Adelaide
για
Manila and Reboul
Transhipment cargo accepted for Fiji and New Zealand
DODWELL & CO., LTD.
General Agents
Tel 28021/6
U.S. WORRIED
New York, October 25, American textile exporters are preparing protests
MacArthur's against General
action in abolishing floors under the prices of Japanese exports.
John H. Judge, president of the Textile Exports! Association, said that protests are being drafted to officials, both in Washington and Tokyo by-foreign traders who are "highly perturbed" by the action. General MacArthur int Tokyo announced on Tuesday the removal of floor prices on all Japanese export goods in move to stimulate sales
abroad.
The measure is effective today. for all goods except silks, which
until are under price control
Sume quarters linked the im-January 1.
what had the provement with
Mr. Judge said the measure darmarks of a revival of efforts will affect both the American textile industries, From and British how-
making it possible for Japanese goods to be sold throughout the coal world 25 per cent below compet-
ing products.
of the session.
Volume expanded to around). The New York Journal of 1,500,000 shares. Buying interes: Commerce said the removal of get off to a late start, but for prices will have an almost immediate competitive impact prices were just about the bes
upon the world textile market."
Textiles compose about 60 per Highs for 1949 were hit by US cent of Japanese cxports, with Steel, General Motors and Drugs, toys and light machinery Font among others. Jones and counting for much of the ba
lance. Laughlin mace
substantia
The abolition of floor prices on come-back after dropping mon
Japanese exports was one of the than a point on word that th directors had decided to postpone recommendations to General Mac- Arthur by an American Govern- Rail stocks in-. dividend action.
ment mission seeking ways to la- clined to stand back Low-pricecrease Japan's foreign trade and Benguet Consolidated Mining los. decrease the costs of occupation 1/8 at 2-2/8 at one time, with to the American taxpayer. one sale of 10,000 shares at that price, but later recovered.
Stock
Dow Jones averagest 66.3; 20 Industrials 189.08: 15 Rails 48.63: 10 Utilities 28.72.
Closing stock quotations:
Adams Express 21%
Alaska Juneau 3% American Can 96 American Smelting 4814 American Telephone 14414 American Tobacco 38 American Waterworks 3 Anaconda Copper 28% -Aviation Corp 594
Baldwin Locomotive 10% Barnsdall $2
Bendix Aviation 32 Bethlehem Steel 30 Boeing Aircraf: 22% Borden Co. 464
Canadian Pacife 14
J. T. Case 404
Chrysler 54
Colgate 42
Commercial Solvents 17
Corn Products 6314
Du Pont 57*
Eastman Kodak 43
General Electric 37 General Motors 661 Goodrich 65
Goodyear 40
дот Homestake Mining 40% International Harvester 28 International Tel & Tel 9 International Paper 645 Johns Manville 423 Kennecctt Copper 481 Montgomery Ward 52 National Distillers 21 National Lead 33% New York Central 10% Packard Motors 31⁄2 Pan American Airways 91 Pennsylvania RR 14% Radio Corp. 13 Real Silk 11% Remington Rand 10 Republic Steel 21% Reynolds Tobacco. 39%
29
Schenley Sears Roebuck 42%
Shell Oil 3914 Socony Varnim 17 Southern Pacific 44%
Standard Brands 21%
Standard Oil of Cali?-68 -~ Standard Oil of N. J. 73 Studebaker 25%
Union Bag 27
Union Carbide 41%
US Rubber 35
US: Steel 25
US Lines 16. Westinghouse 28 Youngstown Sheet & Tube 70 Gen. Pub. Utilities 15%%%
-Associated Press:
ECONOMIC PACT
Beruit, October 20 An official coramunique tonight reports full-agreement on econo- mic matters between the Syrian delegation, headed by Khaled Azm, and the Lebanese Finance Minister, Queat, unt
2.. The sums reciyable in vir- tue of monetary agreements with France.
The Journal of Commerce today reperted that
Siamese Trading With Japan
Tokyo, October 25. Siam's 'commercial represen- fative in Tokyo, Mr. Suphot Ingarinanda, said $20,000,000 worth of trade was conducted between Japan and Thailand during the past 10 months since the $60,000,000 trade agreement Was concluded between the two countries.
The agreement was concluded. Last December entailing SCAP. authorisation for the exchange of
commercial goods between Thai- land and Japan up to a limit of $50,000,000.
Mr. Inganinanda said he hoped his recent arrival in Japan would result in better liaison for pro- moting large trade between Japan and Thailand,
Reported Japanese exports to Siam thus far included textiles, machinery, corian cloths, cera- mies, vehicles and locomotives.
Japanese Imports from Siam included castor oil, salt, linseed, several teak, rubber and coconut oll- American exporters had found United Press. It expedient to buy Japanese finished cotton goods and have them shipped to the Philip- pines at prices below U.S. goods.
Money Market
There was little change in the market for US dollars yesterday. The opening rate was HK$6.07 and the closing. 56.08. Highest and lowest was $6.06 and $6.08.
"Although these goods were subject to a duty of 15 to 20 per cent while American cotton goods could enter duty free, prices for the Japanese fabrics were low enough to give them a competi- tive advantage," said the Journal. 12
TT was put through at HK$6,
and $1.13.
Sterling was unchanged at HK- "While these initial shipments
also Australian were being made to the Philip-$15.50, as tvere pines, there is little doubt that pounds at HK$12.20. the same goods could be brought into this country, the added.--Associated Press.
paper
Imperial Preference
Piastres were nominal at HXS- 11.90 a 100,
Ticals were unchanged at HKS 27 a 100, as were also NDT Gail- ders at HK$24.30 ± 100.
LONDON STOCKS
London, October 28. Margins of
Preference guar- Selling of British Government anteed to Commonwealth coun- securities led to drops of up to tries in existing Trade Apce two points in gilt-edged prices ments are affected by only two on the Exchange on Wednesday. United Kingdom reductions (cod-
The 1946 2-1/2 per cent Treasury liver oil and bluc-veined cheese)- bonds declined two polats to a These concessions were, of course new low level of £66-1/4 com- offered in agreement with the
issue price of pared with the Commonwealth countries conce£100. Some industrial shares
ed, which were able to claim credit also eased in sympathy with the for the reductions when negotiat Government bonds,
ing with the foreign countries primarily interested.
Oil shares were steady.
Associated Press.
Thei
A certain number of unguran- daily index of stocks was 101.7-- feed preference margins, which were originally accorded in the normal structure and operation of the United Kingdom
SHIP MOVEMENTS
have also been reduced, again in agreement with the Common-
Seattle, October 26, wealth countries con
concerned, The Ship arrivals David C. Shanks most important item is unwrought Yokohama. Ship sailing: Axel which the duty is Salen, Manila; Sonoma, Mel- Canada obtained com-bourne- pensation for loss of the
Prefer
San Francisco, Ship arrivals ence margin on this itexn
wege boy direct Danish steamer, Nikobar-Sobu negotiation with Norway, in Tanker, Mission Puríssima whose interest the concession was Okinawas made. The remainder of the re- Ship sailings: African Dawn ductions which the United King Yokohama British MS Silverash, dom has undertaker, to make in margins of preference are for the Manila Associated Press. most part incidental to reductions agreed in the most-favoured nation rates of duty.
The total vol
value of United
King
dom imports of the common- dities concerned from countries enjoying the preferences was £43 million in 1938,
Notice To Consignees
5.5. "KUTSANG”.
From. Calcutta/Straits
arrived October 24, 1949
Hong Kong Stock Exchange
A quieter day with practically Eo change in rates.
AMERICAN. PRESIDENT LINES
The Global Flest.
TO HONOLULU & SAN FRANCISCO
"President B
"General Gordon" "President Cleveland”-
via JAPAN
TO SAN FRANCISCO & LOS
Arr. Nov .Arr. Nov. ...Arr. Nov. 29-
4
Sails Nov. $
Sails Nov. 5 Salls Nov. 3
ANGELES
via JAPAN
8
3
Lona (1924 a 1540) Toch Lows (7548) 1006.
"President Harrison"
Arr. Nov. 5 "President Fierce"
Art, Nov. 8 "President McKinley" ....... Arr. Nov. 27
Sails Nov. Sails Nov. Sails Nov. 28
9
BANES
BK, GOVT. LOANS Los 13th.
K.K. 5. Bank 1475b, 14SDAM.
(Len R.) si Chartered Bank . Mercantile Bank A. A B C * Basket, Fosk "Ada KADE
INSURANCES
Canton Is.. Zbúni Union Ins 67Ch. 60' China Underwriter Sign, H.X Fire Ins. 213.
Danelases J
SHIPPING
AK. & M. Steamboats in. Indo Chicas (Prof.) $9!..
(Def) Scén, Shella (Benser) 26/38. Union Waterbasto zib, Ara Nay. Fo
DOCKS, WEARVES, GODOWNS. Ett HKK, Wharva 106b, 11, 1÷pJ... North Point Wharves lik Shanghai Hengkew Wharves 1043. HE Docks 17.203, 28*. China Providers 11% n Shanghai Dekyunk 1505, *.*. Wheelocka 21K SÜR
MINANG
Ryub. Mines 3.630. HK Mines Lim
LANDS, HOTELS & BLDGS. H. & S. Hotel 1120h, 11las, 11.3ūka HX. Landı 211n,
Shanghai Lands 2,356. 21 210a. Humphreys TAXES.
RE. Brallies ZIP. Chinese Estates 1495.
PUBLIC UTILITIES
H.K. TramWRITE :
ICE, 16.09. 16.20/10,Cam Peek Tram (Old) 1,
New 10. Star Ferrin Klak C. Lightatt
(Old) 11.25, 1796, 1220/25/2014. (New) 2,238, D'... #25/15,/« FLE Electricm 21%), 10, 3156. Kano Electrica 2014.
Sandakan Lights
Telephones 19WD, 1994, 182, Shanghai Ga 12
INDUSTRIALS
Cald. Mary. (Ord. 15.000. Canton lees Vým Cements 20h, 2012.
R.K. Rupes 14th
STORES, ELe Dairy Farms 626, 478, 41% 12. Watsons 4th, cũa, šim. L. Crawfords: 3755D. Sinceres 4,4ūti.
China Emporiam 8.256. Sun Co., Ltd. 285. Kwong Sang Bang Ma. Wing On (HK) 19. Wm. Powell, Ltd. 05m.
MISCELLANEOUS
China Entertainmenta Tin, EK. Constructions 1013 2.4.
(New) 12ữa,
Vibro Pilinan 15. Marsan Investments 2. Marsmar (8.K.) 2n. Shanghai Loan 1.8. Yangtrus .com.
COTTONS
Eva (26 02/2
RUBBER, E. COMPANIES Alma Estates in Anglo-Dutch, öön, Anxio-Javas In. Exta Astea „KÜN. Bute Plantations 25. Chemer United 4. Cheng Rubbers 20. Consolidated Rubbers in. Dominion Rubbers In. Langkats 10. Erpah Rebbers Ja. Enbber Tria Z3Lt. Samagaga Robbers,830, Semambu Rubbers 25a. Shanghai Kedahs 18h. Shanghal-Malayı 12m Shanghai Sumatra Bengel Duris 131⁄2n. Tanah Meraha on. Tebour Rubbers 4in. Ziangbe Rubbers 1.
Notice To Consignees
5.-S. "YAKA"
Having arrived Hong Kong consignees of cargo are hereby potified that all goods have been landed and placed at their risk and expense into the godowns of the Hong Kong & Kowloon Wharf & Godown Co., Ltdy where delivery may be obtain- ed as soon as the goods are landed.
No claims will be admitted after the goods have left the godowns or failure to attend the survey.
All broken, chated and
The amount of trade, affected by reduction of the margins of preference on goods Imported by The Commonwealth from the Damaged cargo er this vessel damaged goods are to be left United Kingdom is very small will be surveyed in the pre-in the godown where they will indeed, not much more than mises of the Hong Kong & be examined in the presence of £50,000 worth in terms of 1933 Kowloon Wharf & Godown Messrs. Goddard and Douglas trade.
Co., Ltd. at 10 am on Fri on October 31, 1949, at 10 am. day, October 28, 1949... Con-
To comply with the General signees are advised to have Bonded Warehouse Regula their Representatives present tions, consignees must have a during the Survey,
Revenue Officer in attendance that when examining damaged duli-
FOOD INDEX
New York, October 23, The Dua and Bradstreet whole- Consignees are warned
1. The hard currency obtained male food price index, in the claims for damage or shortage able goods. All claims against from the tapline.
sharpest rise in more than two may not be accepted if the the vessel must be presented to years, this week climbed to $5.72 damage is not surveyed by the Undersigned within four- from $5.58 in the previous week. Messrs Goddard & Douglas in teen days of the ship's arrival, It was still below the $5.47 level the presence of Consignees or they will not be recognised. pf a year ago, however.
No fire Insurance will be Leading the foods higher in Representatives at this ap-
pointed time.
effected wholesale prices were collec, beef, Pescos and butter. Also JARDINE MATHESON & was also learned that Leba- higher were our feed-of- wheat, rye,
COMPANY LTD,7 General Mangers, tive security pact proposals sup- potatoes and Lamti. Laver were Indo China Steam Navigation
"beans, pea- plemented by a collective econo- corn, barley, hams
Co. Ltd mic co-operation pact Associate nuts, rice and ed Press.
Press
3. Tobacco rights and railway whole concessions.
non has approved Egypt's collec
WALLEM & CO. Agents, Telephone 34177–9.
October 25, 1949.
TO NEW YORK, BALTIMORE & BOSTON vid PACIFIC COAST & PANAMA
Marine, Snapper"
"President Johnson"
Arr. Oct. 30 Sails Oct. 31
Arr. Nov, 29 Sails Nov. 30 ROUND THE WORLD
VIA MANTLA, SINGAPORE, COLOMBO, KARACHI, SUEZ PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,
GENOA, NEW YORK and BOSTON"
"Mount Davis" "Mount Mansfield"
Arr, Nov. 4
Salls Nov. 5
Arr. Nov. IF
Sails Nov. 13
Sails Nov. 19
Tel. 28172/5.
TO JAVA & STRAITS
Arr. Nov, 18
"President Fillmore”
Opposite Star Ferry
BEN LINE
JAUS SEEM TET
ARRIVALS
SEIF “BENVENUE” “BENLEDİ” "BENLAWERS"
"BENRINNES"
DUE 28th Oct.
FROM
..........UK.” via Singapore
31st Oct.
19th Nov.
dom
21st Nov.
-do
-do
*BENARTY”
"BENVORLICH”
SHIP +BENVENUE" "BENLAWERS"
"BENLEDITM
"BENWYVIS".
SAILINGS
то
Landon, Antwerp, Rotterdam, Ham- burg & Hall Genoa, Liverpool, Glasgow, Leith &
Dublja
Liverpool, Glasgow Dublin, Havre & Hull
&
"BENRINNES"... Genoa, London
Leith "BENANTY” Liverpool, Glasgow, Dublin, Havre, Ant- werp, Rotterdam & Hamburg
25th Nov.
18th Dec.
LOADING
31st Get.
23rd Nov.
5th Nov.
20th Nov.
22nd Nov.
20th Dec.
--
vía Malaya, Colombo, Aden, Port Sudan & other way ports.
Accepts cargo for Japan.
tAccepts cargo for Seychelles.
For Further Particularz. Apply To--
W. R. LOXLEY & CO. (CHINA) LTD. Agents
York Building.
Telephone: 34185.
THE EAST ASIATIC CO., LTD.
S.S. "SERAMPORE"
for
LOADING ABOUT 31st OCTOBER
SAN FRANCISCO, LOS ANGELES, PORTLAND, SEATTLE & VANCOUVER
M.S. "KAMBODIA"
M.S...
LOADING ABOUT 12th NOVEMBER
7
for
.
ADEN, PORT SAID, ALEXANDRIA, TRIESTE, ANTWEEP, ROTTERDAM, HAMBURG. OSLO, GOTHENBURG, COPENHAGEN, GDYNIA, HELSINGFORS, & KOTKA. Tanks available for the carriage of all in bulk.
THE EAST ASIATIC CO., LTD. Queen's Bldg., Z2nd floor,
Tel 34111 𔢐 #
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Fortland M.S. "FRANCISVILLE"
29th Oct
ARRIVALS FROM PACIFIC COAST M.S. "BOUGAINVILLE” M.S. UNNYVILLE"
21st Nov. 21st Dec.
Sailing to Singapore, Pork Swettenham, Penang, Belawan & Batavia
M.S. “BOUGAINVILLE"
Passenger. Accommodation
Chinese Freight Agents,
·HOO FOOK-PING
King's Building.
23th Nov.
Balk Of Tanks
THE BANK LINE
(CHINA) LTD.
Tel. 21182 THE BANK LINE (China) Líde