CHINA MAIL, THURSDAY; NOVELHER” 1,...
ROYAL
INTEROCEAN
LINES
JAVA PORTS and MACASSAR -
"TJIBADAK”
TJITJALENGKA”
"STRAAT SOENDA”
"BOISSEVAIN”
*TEGELBERG”
"TJIKAMPEK”*
SAILINGS
15th Nov. 3rd Dec
MANILA
SAILINGS
10th Nov.
30th Nov.
24th Dec 25th Jan.
ARRIVALS
10th Nov, 29th Nov,
ARRIVALS
19th Nov.- 8th Dec.
* No passenger accommodation available.
SINGAPORE, PENANG and BELAWAN DELI
"VAN HEUTSZ”
TJITJALENGKA”* .......
* Calling Singapore only.
SAILINGS
ARRIVALS
17th Nov. 3rd Dec.
12th Nov. 29th Nov.
EAST & SOUTH AFRICA & SOUTH AMERICA
"BOISSEVAIN"
"STRAAT SOENDA”
"TEGELBERG”
TJIKAMPEK**
SAILINGS
10th Nov.
30th Nov.
28th Dec.
25th Jan.
ARKIVALS
13th Nov.. 8th Déc.
Calling at Mombasa & L. Marques direct. Transhipment cargo 'accepted ón through B's/L to
- Dar-Ex-Salaam- and. Zinzibar:
* No passenger accommodation avaliable.
JAPAN
BAILINGS
ARRIVALS
"STRAAT SOENDA”
9th Nov.
24th Nov.
**TEGELBERG”
14th Nov
24th Nov.
"TJIKAMPEK”*
18 Dec.
21st Dec.
“TEGELBERG”
13th Dec
24th Dec.
* No passenger accommodation available.
Agents: HOLLAND-EAST ASIA LINE
EUROPE via MANILA and MALAYA
*MOLENKERK”
"MEERKERK"
SADINGS
9th Nov.
ARRIVALS
.Early Dec. 13th Nov.
Transhipment cargo accepted on through B's/L to India, Mediterranean and Northern European ports.
“MOLENKERK”
"MEERKERK”
JAPAN
SAILINGS
ARRIVALS
19th Nav.
8th Nov. -Early Dec.
KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. Connaught Ro.C.Tes: 31196-25133
DE LA RAMA LINES
ARRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. "DONA NATI”
m.v. “TONGHAI”
.7th. Nov. .Late Nov.
SAILING FOR U.S.'ATLANTIC: COAST VIA SAN FRANCISCO ·&·LOS" ANGELES
(Calls Japan)
m.v. “DONA NATI”
..Late Nov.
THE DE LA RAMA STEAMSHIP-CO., INC.
(incorporated in the PizfligginM).
MARINA HOUER
Tels. 23878-22876.
CHINESE-SHIPPING OFFICE Tela, 23728-28153
OCEAN AGENCIES LTD.
S. S. "CICLOPE”
LOADING ABOUT 14th NOVEMBER-
FOR
MANILA and CEBU
also
Ilollo if sufficient; inducp
For particulars please apply to
THE HONG KONG EASTERN SHIPPING CO., LTD.
Room 28, French Bank Building, 2nd Floor, Telephone: 32369
FINANCE AND COMMERCE
COLOSSAL COST OF New York
PEANUT SCHEME
Hong Kong Stock Exchange
Rather indifferent trading with rates fractionally of.
EX COVE, LOANS
4% Loan 100m. 19% Lowo (1834 & 2940), 2005. 1% Loan (1948) 100%.
BANIS
HK. & S. Back 14303, 1500%.
(Bon Bag.) £$520.- Chartered Bank 29/12/16m
Mercarile Bank· A. & D. £2ħa. Bank of East Asia 10th.
INSURANCES
Canton Ins. 30ba.
Usion Ina. 665, 680 China Underwriters Blim.
- The Ins. 213.
SHIPPING
Douglases 2005.
HX & X Stewmonta la- Indo China (Prof.) $91⁄41⁄2*.
(Def.) 20.
Shella (Deazer) 64/30.
Union Waterbosts 2.
ARE NAT. 75h,
DOCKS, WHARVES, GODOWNS, BE
KK & K Wherem 1098, 112. North Point Wharven Chine
Ethat Hongben Flame lớn.
XX. Docks 18th
China Providents 12a. Shanghai Dockyards $154. Wheelocks 31b,
MIYING
Raub Mines 5.66.
RK. Mises in.
LANDS, HOTELS & BLDGA,
IN
Stock
WEST AFRICA Exchange
London, November 1.
New York, November-1.
Bethlehem Steel strike settlement
with an orderly advance, carry- ing it almost up to the high for
Leading steel issues
the year.
AMERICAN PRESIDENT LINES
The Global Fleet
S.S. "PRESIDENT WILSON”
sails for
Kobe, Yokohama, Honolulu and San Francisco Saturday, November 5
at 11.00 A.M. ⠀
Passengers boarding between 8.00 A.M. and 10.00 AM. Entrance to Wharf through Gate No. 2, Cantor Road.
among those which did not res. S.S. "GENERAL GORDON”
Britain's West African peanut growing scheme, The stock market greeted the
launched to provide a new source of vegetable oils, has cost £23,300,000 so far, according to the annual report issued today. Political controversy, which has raged around the
project since it was taken over by the Governans to a point or
pond. Gains ranged from frac ment's Overseas Food Corporation in April, 1948, is likely to be stimulated by the Auditors' comment that the Corporation has not kept proper accounts.
Compared with the 1946 plan of the original sponsors,
the United Africa Company. to put 2,500,000 acres under
produce
cultivation and 400,000 tons of shelled pea- nuts or 160,000 tons of oil each year, the scheme produced only 2,150 tons of unshelled nuts and 800 tons of sun- flowers seeds during the year reviewed..
Anglo-U.S. Study Of Sterling Balances
A
London, November 1
joint Anglo-American study of Britain's Sterling balances question is expected begin. some time this month, Lord
Pakenham, Minister
to
of Civil Aviation, told the House of Lords to. night.
He had been asked what progress was being made in the study of the Sterling bal. ances position promised in the communique on the Washing-
The report, the Arst to be pub-| lished since the, scheme came under Government control, said} that when the United
Africa Company handed over neither its own accounting system ner that of many
of its contractors was equal to the task
It became
ton apparent that im-.- mediate action was required to introduce a proper system, cab- able of producing the required in-|
H&S. Sotels 11. ILI 1/ formation on accounts' and to re-
HX. Landı 50%1⁄2h, &?x.
Shanghai Lands 24th.
Humphreys 11m.
KX, Beatles b
Chinese Estates 1400,
PUBLIC UTILITIES.
HK Tramwaya 16.936. 16.70m, 16.40ca. Peak Trama (Old) lân,
I
Star Ferries 90%
C. Lights (014) 12.60b, 13-10m, 12.70s
-
(New) 9,408, 10a. #70ex.
KY Electries 375, 35, 1956 am.
Macro Electrica 216.
Sandakan Jehta $4.
Telephones 158. 19. Shanghai Gue 11ận,
INDUSTRIALS Cald. Macz 10rd.) 25.560. Canton Jo v
Comenta #246, 22/4/an. A. Hopes 111⁄2).
STORES, EK Dairy Farme 4246, 45%, 425/EIR Watsons 41 húb, 169. 44/tà!968.
La Crawford 18
Sinceres 4.464.
China Emporium £200.
San Co, Lid 2.551.
Kwong Seng Hong Pia.
Wing On (HK) 723 Wm. Powell, Ltd, 9tén.
MISCELLANEOUS Chise Entertainments (n. HX Constructions (Old) Zeon
(New), 1.36m. Vior Pilings 15 Marisan Invatamente R/-a. Karman (H.K.) 25 Shanghal Loan 1.500. Yangtze 2.40m.
COTTONS
2
Ewor ach, 1, -6.89/30sm.
ZUBBER, Ele. COMPANIES Ains Estates Fin.
Anglo-Dutch Sta
Angio Jars 18.
Batu Asam 40%.
Bute Plantations 24.
Chemor United 4. Cheng Robbers 201. Consolidated, Eubbers 1. Dominion Rubbers 2. Langkat In
· Ropah Robbers „kin.
Rabber Trusts S
Bemiga Rubbers Na Semambu Rubbers Zön. Shanghai Kedaks. 11⁄2b. Shanghai-Males 120. Shanghai Sumatras in Sanre Daris · 13% n Tanah Merah .500. Tebour Rabbers' „Hn. Lianghe - Robbers 14.
STEEL MISSION
TO PAKISTAN
Karachi, November, 1.
cruit staff capable of clearing up the backlog, keeping abreast of current work and introducing the new system.
Despite the shortage of experi- enced accountants, the.. 2wenk were now being eliminated, the report added.
The Corporation reduced the | year's target for ground to be cleared, cultivated and planted;
to from 150,000 acres
$0,000 Solid Achievement
talks between Britain, the United States and Canada. Lord Pakenham added that meanwhile the necessary pre- paratory work was going, an in Britain Reuter.
Jap 1 Bonds Gain In London
mostly fractional, but were highs for the year. Demand was sporadic Turnover, was •1,300,000
· Fute-two issues reached-new
shares.
Non-ferrous metals issues res ponded to a 12 cent advance in the price of zinc to 95 cents a pound. Up a point or more were American Smelting at 494. Phelps Dodge at 47, Kennecott at 48%.
Golds also did well. Home
Heavily stake advanced 1
traded Benguet Consolidated stood still at 2 Practical ad- vances carried Alaska Juneau to 4%, Dome 17, Mcintyre Per. cupine. 59.
Dow Jones averages Stocks 67.65,
20 Industrials 191.23.
15 Rails 48.16.
10
Utilities
38.75.
losing quotation,...
Alaska
Express Juneau American Can 9816. American Smoking 49% American Telephone 144%. American Tobacco *74.2 American Waterworks 74. Anaconda Copper 284. Aviation Corp. 53. Baldwin Locomotive 10%. Barnsdall 52
Bending Aviation 334. Bethlehem Steel-30% Boeing Aircraft 23%.... Bordes Codec 1331-
47.
Canadian
J. I. Case 41%.
Ber 57.
424
Commercial Solvents 17%. Corn Products 64. Du Pont. 584. Eastman Kodak 44%. General Electric 37. General Motors. 68. Goodrich 0. Goodyear
London, November L Japanese bonds gained substan- tially on the 'London, exchange today on reports the United The report said that the 49,- States and Britain are about Homestake Mining 50%. 620 acres sown during the year ready to start talking about the International Harvester 28%. "represents a solid achievement Japanese peace treaty. in the teeth of dificulties pro-
International Paper 644. International Tel & Tel 9. vided by the lack of transport, equipment needing repair, the
Johns Manville 431 Kennecott Copper 4934. inadequacy of maintenance and
The 1910 gained two at £27.
Montgomery Ward 52. repair workships, the abortage.
National Distillers 21. British Government bonds were National Lead 33. of spare parts and untrained
also stronger, advancing staff."
1/8, to
It also blamed the "active hostility that Africa herself shows to any change."
At the same time, it said, the scheme's African labour force had been increased from 14,000 to 28,000 during the year. The Euro- peen staff was increased from 440 tc. 967 in East Africa and from
19 to 232 in London,
Dusing the year the crops were badly hit by the long drought, which became "disastrous" in the critical growing month of March. Peanuts and sunflower plants wilted and died.-Beuter.
.
BIG YEAR FOR
U.S. BUSINESS
San Francisco, November 1.
American business "is having another tremendous year in 1949," the US. Secretary of the Treasury,, Mr. John W. Snyder said today,
Mr Snyder sold the American Bankers Association
convention that pessimistic predictions that
conditions
abundant
supply
Japanese 1930 bonds closed at £43. The 1907 were up, two and one quarter at £33. 10s.
Small gains were common else- where in the market, but losses pulled the average down slightly. Financial Times index 101, of
1-Associated Press.
per share through most of the New York Central-10%.
Packard Motors 3. list. The only laggard was British Pan American Airways 8%. Gas, issued to pay for the nation- 1/4 to £88. 374. alised gas industry. It dropped Pylvania RR 14.
Radio-Corp. 12. Real Ste Real Suk 11. Remington Rand 10%. Reynolds Tobacco 29. Republle Steel 21. Schenley
NY - COTTON
New York, November 1. Proft-taking and hedging fore
Sears Basic £3.
Shell Oil 39%.
Vacuum 17 Socony
Pacific 44%. Southern Standard Brands 22. Standard Oil of Calif, $714. Standard Oil of NJ 73%. Studebaker 24.
ed cotton futures fifteen to, eigh-Union Bag 28
tyfive lower.
December
March
MAX
Mas
July
October
Middling Spot
29.94.
29.87-90.
29.34
21.49-70. 28.03.
30.54 nominal. Associated Press
NOTICE TO CONSIGNEES Consignees Per
STATES' STEAMSHIP
COMPANY
5.5. "OREGON"
Union Carbide 40%.
US Rubber 34.
US Steel 25%.
US Mines 16.
We
Vestinghouse 28%.
Youngstown Sheet & Tube 68%. Gen Pub. Ulities 154.
-Associated Press.
NOTICE TO CONSIGNEES CONSIGNEES PER STATES STEAMSHIP COMPANY
-S.S.-"ARIZONA"
the US. could not return to
are hereby notified that their are hereby notified that their without severe dislocations of the cargo is being discharged into cargo is being discharged into economy have proven unfounded the Hongkong & Kowloon the Hong Kong & Kowloon The Secretary conceded that Wharf & Godown Co's godown Wharf & Godown Co's godown certain industries and localities where it will be at Consignees where it will be at consignees have left the adjustment process risk and subject to the Whart's risk and subject to the Where's A 17-man United States Steele severely than others, adde terras.and conditions of storage, terms and conditions of storage, Mission is due to arrive here On the broader front of the obtained.
ing:
and where delivery may be and where delivery may be today to investigate Pakistan's national economy, however, it has
obtained steel requirements, and the become increasingly apparent as possibilities of industry here.
Damaged packages are to be Damaged packages are to be year went forward that the left in the godowns for exam-left in the godowns for ex- the The Mission is stated to con- basic factors making for our con- ination by Consignees and the amination by Consignees and
with the tinued growth and progress have backing of certata American been far stronger than the forces Company's Surveyors, Messrs. the Company's surveyors, banking interests, including that tending to pull us back-Asso Carmichael & Clarke at 10 Messrs. Carmichael & Clarke of Mr. Eugene Black, Americani ciated Press,
a.m. ca the 3rd November, at 10 am. on November 7,
1949.
sist of business-men
President of the World Bank.
Members of the Mission are to
tour Pakistan, and after making their
survey will re-assemble for discussions in Karachi.
Money Market
1948.
To comply with General
To comply with the General Bonded Warehouse Regulations Bonded Warehouse Regula Consignees must have a Be Liora, consignees must have a “WEEKLY CHINA MAIL" the pected the Mission would closed at 96,033 and when damaged dutiable goods when damaged dutiable goods Official sources bere sald that US dollars opened at HK$603 and venue Officer in attendance Revenue Officer in attendance
CONTAINING ALL THE LOCAL NEWS
OF THE WEEK FROM THE
"CHINA MAIL" & "SUNDAY HERALD"
Price 50 Cents
ON SALE EVERY THURSDAY,
03 and $6.01...
arrange for the supply of steel to lowest rates of the day were $6 are examined. Pakistan if it was requested
The United States Government | might provide a certain quantity. 6.08 to
Reuter,
HK CONTRACT WITH JAPAN:
Takyo, November 1.
Trade sources today reported
the conclusion of á ́contract" with
a firm in Hong Kong for import-
S through from HKs. No claims will be admitted i
are examined.
No claims will be admitted after the goods have left the atter the goods have left the HK$16.40 and Am steamer's godown, and all goods steamer's godowns, and all stralian pounds st 3X412.10' were remaining undelivered after goods remaining, undelivered unchanged from the previous day, the 4th November, 1949 will be after November 8, 1949 will be
Plastres remained nominal at subject to rent HK$11.30 100,
Ticals were unchanged at HK$27 200, NEX Guilders were stationary HK$22.00 a 100.
=
subject to rent
All claims against the stea. A claims - against
the mer must be presented to the steamer must be presented to Undersigned on or before the Undersigned on or before the 11th November, 1949 or November 15, 1949 or they
will not be recognised.
~Insurance-will-be
ing Into Japan 300 tons of SHIP MOVEMENTS they will not be recognised.
valued Pa approximately at
US$150,000.
San Francisco, November. 1.
No fire insurance will be No Fire Insurane
effected
ld that I * sources eald 3′′a big Osaka firma, was the Pacific Transport arrived today amon successful bidder for the product i Zroom: Yokohama: Péter Jaerik
Itochu
effected.
DODWELL & CO, LTD.
Agents....
This is the first post-war con-called today for Manila, Vesteroy tract for the import of tung dil sailed on Monday for Manila, into Japan.
sails for
Manila, Yokohama, Honolulu and San Francisco
Saturday, November 5 at 8,00. P.MI
Passengers boarding between 2.00 PM. and 5.00 PM. Entrance to Whart through Gate No. 3A, Canton Road.
Heavy Baggage for both ships should be delivered to Baggage Godown No. 50, Gate No: 2. Canton Road. Kowloon, on Thursday, Nov. 3, or Friday, Nov. 4.
BEN LINE
SHOP "BENLEDI” "BENLAWERS”
"BENRINNES" **BENARTY" "BENVORLICH”
SHIP "BENLAWEES"
"BENLEDI'
ARRIVALS
FROM
DUE
UK via Singapore
In Port
19th Nov.
21st Nov.
-do-
28th Nov.
do
10th Dec.
-op-
SAILINGS
ΤΟ
London, Antwerp, Rotterdam. Ham burg & Hull Genoa, Liverpool &
Glasgow
“BENWYVIS".... Liverpool, Glasgow,
*BENRINNES"
"BENABTY"
LOADING
23rd Nov.
5th Nov.
&
12th Nov.
Havre Dublin, Нап
Genoa, London & Leith.... Liverpool, Glasgow, Dublin, Havre, Änt- werp, Botterdam & Hamburg:
22nd Nov.
•
20th Dec.
via Malaya, Colombo, Aden, Fort Sudan & othér, way parts.
Accepts cargo for Japan.
For Further Particulars, Apply To-
W. R. LOXLEY & CO. (CHINA) LTD.
York Buliding.
Agents
Telephone: 34185.
THE EAST ASIATIC CO., LTD.
S.S. "SERAMPORE"
NOW LOADING for
SAN FRANCISCO, LOS ANGELES, PORTLAND, SEATTLE & VANCOUVER
M.S. “KAMBODIA”
LOADING ABOUT 13th NOVEMBER -for
ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG, ADEN, PORT SAID, ALEXANDRIA, GENOA, TRIESTE, COPENHAGEN, GDYNIA, HELSINGFORS, & KOTKA. Tanks available for the carriage of oil in bulk.
THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floor.
Tel. 34111 & 24112-
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE"
29th Nov. ARRIVALS FROM PACIFIC COAST
M.S. ”BOUGAINVILLE” MIS. “SUNNYVILLE”:
21st Nov.
21st Dec.
Sailing to Singapore, Port Swettenham, Penang, Belawan & Batavia-
Fassenger Accommodating.
M.S. “BOUGAINVILLE'
DODWELL & CO., LTD.
Agents.
Chinese Freight Agents,
China. Mall and William B. Hong Kong, October 29, 1949. Hong Kong, November 1, 1949, The oil is to arrive in the mid-1 Lewis called for Tokohama dle of December-United Press. sociated Press.
HOO FOOK PING
23th Nov.
Bak Ull Tanks
Apply
THE BANK LINE
(CHINA) LTD.
King #: Buddin Tel. 27793. THE BANK LINE (Chan)" L4d.