ROYAL
INTEROCEAN
LINES
JAVA PORTS and MACASSAR
TJIBADAK"
"TITJALENGKA"
"BOISSEVAIN"
"STRAAT SOENDA”
TEGELBERG"
"TJIKAMPEK”
SAILINGS
15th Nov.
........3rd Dec.
́MANILA
SAILINGS
..10th Nov. .....30th Nov.
... 28th Dec
25th Jan.
+
ARRIVALS
10th Nov. 29th Nov.
ARRIVALS
13th Nov. 8th Dec.
* No passenger accommodation available.
SINGAPORE, PENANG and BELAWAN DELI
"VAN HEUTSZ"
SAILINGS
ARRIVALS
17th Nov,
3rd Dec.
12th Nov. 29th Nov.
"TJITJALENGKATM*
* Calling Singapore only.
EAST & SOUTH AFRICA & SOUTH AMERICA
.10th Nov.
"BOISSEVAIN”
"STRAAT SOENDA"
**TEGELBEPG"
"TJIKAMPEK”
SAILINGS
30th Nov.
.28th Dec. .25th Jan.
ARRIVALS
10th Nov.. 8th Dec.
Calling at Mombasa & L Marques direct. Transhipment cargo accepted en through B's/L to
Dar-Es-Salaam and Zanzibar.
No passenger serommodation available.
"STRAAT SOENDA"
"TEGELBERG”
"TJIKAMPEK”.
"TEGELBERG”
JAPAN
.SAILINGS
ARRIVALS
9th Nov.
24th Nov.
14th Nov
10th Dec.
. 13th Dec.
- 24th Dec.
24th Nov. 21st Dec.
* No passenger accommodation available.
Agents: HOLLAND—EAST ASIA LINE EUROPE via MANILA and MALAYA
"MOLENKERK”
"МЕЕВКЕВК"
|; -
SAULINGS
9th Nov. ....Early Dec.
ARRIVALS
12th Nay.
Transhipment cargo accepted on through B's/L to India, Mediterranean and Northern European ports.
"MOLENKERK”
"MEERKERK"
JAPAN
SAILINGS
19th Nov.
ARRIVALS
9th Nov. Early Dec.
KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTs: 82. Connaught Po. C. Tess: 31196-25133
DE LA
RAMA LINES
ARRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. "TONGHAI”
“་
.26th. Nov.
SAILING FOB U.S.” ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES
-Y. "DONA NATT" .(Calls Japan)
Early Dec.
THE DE LA RAMA STEAMSHIP CO., INC. ` (Incorporated 'le the Philippine) -- MARINA HOUSE
CHINESE SHIPPING OFFIOR „Tel. 23738–20153
Teil 2757622715
OCEAN AGENCIES LTD.
S. S. "CICLOPE"
LOADING ABOUT. 14th NOVEMBER
FOR
MANILA and. CEBU
also
Iloilo if sufficient inducement
For particulars please apply to
THE HONG KONG EASTERN SHIPPING CO., LTD.
Room 28, French, Bank Building, 2nd Floor,
Telephone: 32369
THE CHINA MAIL, TUESDAY, NOVEMBER 8, 1949,
FINANCE AND COMMERCE
BRITISH SALES IN AMERICA NOT AS HIGH AS EXPECTED
INCREASE IN METAL PRICES
New York, November 6. The long-expected price ad- vance for copper materialised last week and zinc also pushed a little higher as the market in both metals continued to flourish.
Lead buying showed scant ima- provement with quotations steady.
New York, November 6.
JAP SILK INDUSTRY APPEAL
Tokyo, November 6. The Japanese silk industry and the Government's raw silk bureau have agreed to
Six weeks after the devaluation of Sterling, British goods in this market do not seem to be show- ing any notable spurt în consumption. The only exception is in motor cars, one of Bri-appeal to General MacArthur
tain's minor dollar-earners. And the slight rise in British car sales is taken as port of the overall hunger for cars generally, the American industry, having an exceptional soles year.
der abolishing floor prices on for postponement of his ar Japanese silk exports effec- tive next January 1.
The SUCCESS of British ed that costs of production in detem. silk exporters fear its ap motors is due to the average valued countries would have to take some time, of $400 to $500 difference in rise. It will
they say, before this is put into price from the bigger, heavier balance. low-price American cars and the
ability to deliver im- mediately, something not all American makers can do.
But in other lines this is not Phelps Dodge initiated the cop-m and the Journal of Commerce per boost of 7/8 of a cent gives this sampling of how Bri- pound late on Thursday and the sh goods are going new prices of 18-1/2 cents was general by mid-morning on Fri- Smoking pipes Increase day. Canadian producers and the inquiries, but not in British Ministry of Supply Prices remain unchanged. quickly made similar adjust-
the
Real Problem
Other insist that currency devaluation is merely a fore- runner of the real problem- great efficiency, lower produc-, tion costs, greater output
That was the keynote of a pre-
While most sections of Japanese business welcomed elimination of the minimum price control sys-
plication to the depressed industry will ruin many American holders of silk
silk stockpiles, and further tighten foreign textile manufac turers away from silk.
silk Press
reports said the bureau will ask the Supreme Commander to postpone at least until next June the removal of silk flour prices.
A competitive scramble for silk would so depress export" sales prices that the Japanese Govern- ment would also suffer heavy losses on silk it has bought up at
in liminary survey on world cur- fixed prices, silk bureau officials orders, rency devaluation issued by the are expected to point out---United
National Foreign Trade Council, | Press. one of the most influential trade in-associations in the international
commerce Seld.
ments. Major fabricators also Rainwear--Increase in posted new quotations for their quiries, mainly from "bargain products to reflect the change. hunters." Orders up somewhat
Still others insist, in the case The boost had been consider-but British mills, booked up, ask
of Britain, that her socialist ex- ed overdue in most sections of for longer delivery.
periment is draining the nation's trade because the copper
effort. That first things should market has been thriving for
be met first. The argument here weeks, restrained only by indus-
is two-fold. The first is that the trial uncertainty over the steel strike. It was the first price per cent, others continue giving physical cost of the programme
full devaluation benefits pending is burdensome and stifles the nor change since July 11, when
mal economic forces struggling re-scheduled costs. demand for the metal was begin-
for freer trade. ning to perk up after the severe spring slump.
Zine was advanced
a quarter cent a pound on Tuesday tó 9-3/4
Woollens-Great increase in in- quiries, some increase in orders Some mills have raised prices 10
Gloves--Orders and
some improved but creases are expected
inquiries] price in-
The second, more fundamental argues that in a welfare state per sonal initiative is diminished and
Slackening Of Spot Wool Seen
Boston, November 6.
A further slackening of spot wool business was indicated this week in market comment. The season in spring civilian goods is well along, and new lower costs through greater'em-fabric-business-apparently. is
and more production. largely confined to the govern Cutlery-Business is normal ins
This was said by Wilbert Ward, ment contracts in prospect' on but not near the flood expect. Vice-President of the National bids last week for 1,779,000
cents. East St. Louis basis, in a Not Up To Expectations
move attributed mostly to in- creased demand from galvanisers expecting an early end to the steel walkout. A simila rise had been posted less than a week before.
The lead market was a shade more active than last week, but
still
ed in this one of Britain's
makes difficult the achievement of
heavy dollar-earners normally City Bank of New York-United yards of air force serge Many buyers await cleared in Press.
ventories
listless at 13 cents a pound,
Machinery Actually, orders New York, Foreign lead, parti have increased. But not to the cularly metal trom Japan and extent hoped for Inquiries are Yugoslavia, was reported being heavy. offered at somewhat lower quota-] Lions--Associated Press
China-Price cuts in some in.) stance stimulated more buying but this has quickly tapered off NOTICE TO CONSIGNEES and there has not been any ma
terial increase in orders in this. another of Britain's heavy moneymakers,
Ss. "ESANG"
From Calcutta/Straits
arrived November 4, 1949
Low-Priced Motor Car For America
It appears buyers of wool are not looking far ahead, according to the "Commercial Bulletin,” which says.
be covered.
season
BO held
“Signs are that they purchase only to eke
out requirements against the mill business in hand. The current cloth manufacturing season has not brought quite the tight squeeze that was forecast- in wool, though wool spot sup- plies here are limited and prices Steady where urgent needs must New York, November 6.
Further
advances in foreign Mr. Henry J. Kaiser disclosed
markets naturally tend to dimi- today that Kaiser-Frazer in-niss the margin for import wools There has been feeling among tends to produce a low-priced below domestic, but interest here some business leaders that the motor car. Mr. Kaiser an-is running more to types from effects of devaluation will not nounced a nationwide prize the dominions *as new Damaged cargo ex this vessel be realised for some time.
contest with cash awards of shipments begin to arrive. will be surveyed in the pre-
new mestic growers who have Warren Lee Pierson, chairman $200,000 for naming the
for months in the hopes Strongly mises of the Hong Kong & Trans-World Airlines, and a car.
a stringency of supplies at the Kowloon What & Godown former head of the Export Im!
He said the standard-sized Ave- mills still find little demand for Co., Ltd, at 10 am. on Thurs-port Bank said that recently.
passenger car will be the first their fine wools at the prices they day, November 10, 1949. Con-
field retailing within the income low-priced car in the low-priced ask which are high relative
"Steady or increasing, mil in- of millions who have never be- Wfore been able to own a new car. terest is noticeable in foreign
Mr. Kaiser did not give the wools-Associated Press. price. Other details were · noti specific. The car, the statement Eaid, AL engineered to give its owner the lowest maintenance and operating cost of any stan- dard car on the road and will be powered by an
engine that will deliver remarkable petrol mileage."
signees are advised to have "We may now be able fully their Representatives present judge the during the Survey.
Consignees are warned that claims for damage or shortage may not be accepted if the damage is not surveyed by Messrs. Goddard & Douglas in the presence of Consignees Representatives at this ap- pointed time,
JARDINE, MATHESON & CO. LTD., General Managers, Indo China Steam Navigation
Co. Ltd
NOTICE TO CONSIGNEES
s.s. "BOOLONGENA"
effects of currency devaluation 19 possibly years," he said.
Some businessmen had expect
MAERSK LINE NOTICE TO CONSIGNEES
Delivery in quantity in 1950
The M/V “LEISE MAERSK" | having arrived from New York
and Ports of calls, Consignees was promised-Associated Press. of Cargo are hereby notified that their goods are being
landed and placed at their risk and expense into the Hong Kong & Kowloon Wharf &
DOLLAR AID
Godown. Company's godown TIGHTENING UP
at. Kowloon, where delivery |may be obtained as soon as the
goods are landed.
Washington, November 6.
spot native.
STEEL STRIKE AGREEMENT
to
Coatesville, Pennsylvania,
November 5. The United Steel Workers Union today ratified
a strike settlement with the Lukens Steel Company, one of Eastern Pennsylvania's largest pro-
ducers.
The agreement provides for increased company-paid pensions to retired men and women and a broader social security pr
for the
firm's
3,000
Under pressure from the S 2 company, an
pay.
more under
The American move was pro- | nem. Steel Corporation, which
mpted by fear that, when Mar-
Optional cargo will not be United States, the multi-billion said. Having arrived Hong Kong, landed here, unless notice has dollar International Monetary Employees consignees of cargo are hereby been given 48 hours prior to Fund is tightening up its dollar the new terms "The first major notified that all goods have been vessel's arrival, but carried on aid to member countries, it was steel producer to come to terms. landed and placed at their risk from port to part to the final disclosed today.
with the Union was the Bethle and expense into the godownsport of call to which the option of China Provident L & M extends. Ltd, where delivery may be
I shall plan assistance ends in 1952, 17 on October 31. Two days 1
the Rotary Electric Steel obtained as soon as the goods No claims will be admitted the UN will have gone through Company of Detroit, reached an are landed.
after the Goods have left the its dollar resources. This would agreement with the Union-Rea-
the world's last
tex. major Godowns, and all goods re-wipe out the maining undelivered after the source of quick dollar help.
The US Government, it was 14th November, 1949, will be subject to rent
learned in diplomatic quarters, has advanced the proposal that the 41 nation fund henceforth broken, chafed and All broken, chafed,
obtain from any country applying repayment-Associated Press.
No claims will be admitted after the goods have left the godowns or failure to attend the survey.
AB
and
"WEEKLY CHINA MAIL" damaged goods are to be left damaged Goods are to be left for dollars, a specific date for
CONTAINING ALL THE LOCAL NEWS
OF THE WEEK FROM THE "CHINA MAIL” & “SUNDAY HERALD”.
Price 50 Cents
ON SALE EVERY THURSDAY.
on
in the godown where they will in the Godowns, where they be examined in the presence of will be examined 12th Messrs Goddard and Douglas November, 1949 at 10 am by on November 8, 1949, at 10 our Surveyors Messrs. Goddard
& Douglas.RAY 2.MA
To comply with the General To comply with the General Bonded Warehouse. Regula Bonded Warehouse Regulations tions, consignees, must have a consignees must have a Re- Revenue Officer in attendance venue Officer in attendance when examining damaged duti-when damaged dutiable goods able goods. · All elaims against are examined:
the vessel must be presented to All claims must reach us be the Undersigned within four- teen days of the ship's arrival, fore the 7th December, 1949. or or they will not be recognised they will not be recognised
No fire dosurance will be No Insurance will be effected effected
JEBSEN & CO.
FALLEN & CO. 2 Agents, p. Telephone 34177-8. Hong Kong, Nov. 8, 1948.
GERMANY-SA SHIP ROUTE
JAP UNIONS
Takyo, November 6. The General Federation of Labour, Japan's largest labour organisation, today voted unanil- mously to seek a merger of all
isbour non-Communist
unions
tion
The
into a single national organisa-
federation,
representing more than 1,200,000 workers, also Bonn, November 6. voted to work in close co-opera- Hans Seebohm, West Germansion with the Socialist Party haled the resumption of shipping Minister of Transport today United Press.
between Germany and South Arnerica and said, he hoped It
New York, November 300 would reach the pre-war level · He announced that the Remington Hand Incorporated arst ship left Hamburg today. It has, lowered the retail price of "was the Frenches ship, Seine its Remington noiseless type which sailed for, Valparaiso with writer to $197.50 from $224.75; The threw miscellaneous cargo, effective immediately,
Herr Seebohm said the reopen duction was the first post-WIT ing of regular shipping to South cut in this line of typewriters American countries marks the and, the company said, is made return of normal relations with possible by improved manufactur- those countries United Press. ing conditions, Associated÷lspas.
AMERICAN- PRESIDENT > LINES
The Global Florť
TO-HONOLULU & SAN FRANCISCO
vio JAPAN
"President Cleveland" "President Wilson".
Arr. Nov. 29 Arr. Dec. 17.
Sails Nov. 30
Sails Dec. 18
TO SAN FRANCISCO & LOS ANGELES via JAPAN
"President Pierce" "President McKinley"
Sails Nov.
Arr. Nov. 7 Arr. Nov, 2 Sails Nov. 28
TO NEW YORK, BALTIMORE & BOSTON viɑ PACIFIC COAST & PANAMA -
"President JohnsonTM "President Fillmore"
Arr. Nov. 29 Seils Nov. 30 Arr. Dec. 27 - Sails Dec. 28
-ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ POET SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, KEW YORK and BOSTON
"Mount Mansfeld”
Arr. Nov. II Sails Nov. 12
TO JAVA & STRAITS
Arr. Nov. IS
"President Fillmore"
Opposite Star, Ferry
Sails Nov. 19
Tel. 23172/5...
BEN LINE
SHIP "SENLAWERS" "BENWYVIS" *BENRINNEST **BENARTY"
ARRIVALS
FROM
U.K. via Singapore.
Зарал.
- QUE
19th Nov.
20th Nov.
U.K, via Singapore,
21st Nov.
28th Nov.
"BENCRUACHAN"
10th Dec.
"BENLOMOND"
27th Dec.
·3rd Jan.
Tóth Jan.
15th Jan.
"BENVORLICH" "BENDORAN" "BENCLEUCH"
SHIP
"BENWYVIS"
"BENRINNES"
"BENLAWERS"
"BENCRUACHAN”
"BENLOMOND" "BENDORAN "BENCLEUCH**
"BENARTY” "BENYORLICH"
SAILINGS
ΤΟ
Liverpool, Glasgow. Dublin, Havre & Hull, Liverpool, Glasgow, Havre, Antwerp, Rot- terdam & Hamburg.
London, Rotterdam,
& Hull.
Antwerp. Hamburg
Liverpool, Glasgow,
LOADING 20th Nov.
25th Nov,
23rd Nov.
15th - Dec.
2nd Jan,
15th Jan.
20th Jan.
20th Dec.
Dublin, Antwerp, Rot- terdam & Hamburg.
8th Jan.
Via Malaya, Colombo, Aden, Port Sudan,
and other Way-Ports.
+Accepts Cargo for Genca, Accepts Cargo for Japan,
Skecepts Cargo for Havre.
For Further Particulars, Apply To W. R. LOXLEY & CO. (CHINA) LTD.
York Building-
Agents
Telephone: 34165.
THE EAST ASIATIC CO., LTD.
M.S. "KAMBODIA"
LOADING ABOUT 13th NOVEMBER
for
ADEN, FORT SAID. ALEXANDRIA, GENOA, TRIESTE. ANTWERP, BOTTERDAM, HAMBURG, OSLO, GOTHENBURG,
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 & 34112.
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. “CASTLEVILLE”
29th Nov,
M.S.
ARRIVALS
·FROM PACIFIC COAST
M.S. "SUNNYVKİLLER
21st Nov. 21st Dec.
Sailing to Singapore, Port Swettenham, Penang, Belawan & Batavia
M.S. "BOUGAINVILLE
Famenger Accommodakoa-
Chinese Freight Agenta, HOO FOOK PING
King's Building.
23th Nov.
#BELTON Tanke
“Apply:****
THE BANK LINK (CHINA) LTD. *** *THE BANK LINE" (Chvas) Ltd.