Phyo 12
THE CHINA MAIL, SATURDAY, FEBRUARY
1930
ARRIVALS SAILINGS
.
In Port 10th Feb.
7th Feb,
10th Mar.
21st Feb. 21st Mar
ROYAL INTEROCEAN LINES
SINGAPORE, JAVA
PORTS and
MACASSAR
"TJITJALENGKA"
TJIBADAK"
"TJISADANE"
"VAN HEUTAZ".
• Only
to Singapore, Penang, Belawan Dell.
● MANILA, EAST & SOUTH AFRICA & SOUTH AMERICA
"RUYS"
"TJIPONDOK"
"STRAAT MALAKKA”
6th Feb. 21st Feb.
17th Mar.
"BOISSEVAIN'
JAPAN
"TJIPONDOK"
"RUYG"
"STRAAT MALAKKA"
BOISSEVAIN"
21st Feb.
1st Apr.
$3rd Feb.
3rd Apr.
8th Feb. Bih Feb. 23rd Fab. 19th Mar.
Agents: HOLLAND-EAST AŞIA LINE
• EUROPE viɑ MANILA
and MALAYA
"LANGLEEBCOT"
"HEEMSKERK" ·
Through B./L lessed 10 Mediterranean and Northern European ports.
JAPAN
"LANGLEESCOT"!
"HEEMSKERK"
ARRIVALS SAILINGS
12th Feb. Early Mar.
In Port
12th Feb.
21st Feb.
10th Feb,
-- KING'S BUILDING, TELEPROSES:"28015 "TUS 28017:
A CHINESI, AGENTS, EL CONNAUGHT BOADA ATAS 116, 201
OCEAN AGENCIES, LTD.
FAR EAST SERVICE
S.S. “LAKE SHAWNIGAN"
LOADING for MANILA and CEBU
On 5th February
Agents:
THE HONG KONG EASTERN SHIPPING CO., LTD.
Room 28 FrenchTM Bank Building, 2nd Floor, Telephones: 32369 & 38661
U.S. ORIENT MERCHANT LINE. ~
SHIP
... "CLEO"
8.8. "DINGWALL"
ARRIVALS
FROM
DUE
7th Feb.
N.Y. & GULF PORTS.
NEW YORK.
Abt 15th Feb.
6. "ANDREAS"
GALVESTON.
. 23rd Feb.
* "AGATHI"
EAST COAST/U.S.A.
1st Mar.
W. R. LOXLEY & CO., (CHINA) LTD.
York Building-
AGENTS.
DE LA RAMA
Tel. 34165
LINES
S.S. DONA AURORA
Arriving in Mid March from
ATLANTIC & PACIFIC COAST PORTS
via MANILA, ILOILO & CEBU
BUTTERFIELD & SWIRE
1. Connaught Road, C.
FINANCE
AND
COMMERCE
BRIGHT PROSPECTS IN TAIWAN TEA INDUSTRY
Hong Kong Stock Exchange
There have been more enquiries this week, not altogether confined rotherly winny slitente Investiments have also been fa- voured. Quotations have ductunt ed, though not to any appreciable extent and may be regarded as moderately steady. Buyers are in no hurry to extend their port- folios, but the market does not appear to be overburdened with scrip at present levels.
H.M. GĐVT. LOANG
4 Loan X.Int. 190.
* an 11934 & 1910) 100. 314 Lew (1948) 99%.
BANKS
I.K. & Bank 24796, 1400. Hep.) 489A." Chartered Bank 10 /10. Mercantile Bazyk A. & B. £. Bank of East Asla X.D. 10.
INSURANCES
Canton Ing, 8036,
Union le 0288, 015am. eine Underwriter 6. H.X. Fire Ins. 200, 210.
BHIPPING
Tulane N.
H.. M. Kteamboate tin. Indo China (Prof.) 40%.
(Det. odn.
Shell Bearer) 65/-n.
Union Waterbal 27.
Main Nor. Isa,
DOCKS, WHARVES, GONOWNH, Etc.
21.H.
K. Where 212, 12/122.
Motlh Point Wharves b.
Singhal Hangkow Wharves 10n."
1. Do 176.
Chlox Previdenta 11.20,
Shushal Dockyards 7. Wherlocks 29.
MINING
3 Mines 5.
K. Miur 01.
LANDS, HOTELA & BLJIVA. ..otels 17.30, 11.40am.
R.K. 46, 4740. Shanchal bands 2.10.
Hunghreys 10%A
Ji, K. Bret 2
Chibere Extates 150.
PUBLIC UTILITIES
H.K. Tramways 13), 15.10w,
tinh yeutien (Q&là lần.
(New) n.
Star Forrie Din.
AIDA
E. 13ghts (VM) 11.2, 11.20, 11.0.
(New) b, H.RO, .70.60
H.X. Electric 281b, 29, 20km.
Bueno Electrics Zar.
Sandakan Light
Teleplanes 18, 1
Slangbad Goa 11.
INDUSTRIALS
Cald. black. (Ord.) 2815n. Canton Ice n Cementa 24, II.K. Ropes 154.
STORES. Ele,
Dalry Farm 40 Watson 47.
* Crawford 18 Bincerns. 2.cob...
China Emporium 10b.
Bin Co., Ltd. -2.05. Kwon Sand Sons 105. Wing On ..) 2.
Wm. Powel, Ltd. 16.
MISCELLANEOUS
China Entertainments 10n.
H.K. Constructiona (058; 2.400.
(Now on.
Vibe Pings 15.
Maraman Investments D/n, Maruman (ILK.) 15. Shanetini
Yangtze 4% n.
Ewum Ba
lah` 1.200,
COTTONE
Money Market
U.S. dollars spurted yesterday afternoon and closed at HK$8.44 nfter opening in the morning at $0.35.
TT, opening at $0.391, went up to $0.48.
Taipoh, February 2.0-
Taiwan's 'toa industry is back on its feet again and future trade prospects are reasonably-bright. This is the opinion of foreign tea experts here who predict increased exports this year provided the island's military and economic problems can be overcome.
-
During the 150 years of steamers drawing more than the Japanese rule, Taiwan export- clippers and more than the har- ed as much as 24,000,000 lbs. of bour could provide.. tea a year,
Keelung. North East of Talpeh, then became the main shipping This dwindled : te pruciically port. maching after end the Caesar ata noul carrinkefront, Chinese took over control. but Taipeh to Keelung along a good last year's shipments abroad to-
highway which was originally talled 27,000,000 lb.
built by the Japanese as a mill- tary road.
Ten per cent of this figure re- presented green tea, which was first produced here after main- land China retired behind the
"Iron Curtain,"
There is likely to be bright future for this green tea, which used to be the mainstay of the China trade,
Taiwan exports four main kinds of tea:
pa
་
1.-Black tea, which most Wes- tern people drink;
2. Colong tea, which, taken without milk and sugar, 1s pular in the United States;
3.-Ponchong tea, mainly Asiaties; and
4-Green tea, which is popular with Arabs and Moors in North Africa.
A blonder
for
The Japanese also transformed bour, into an Keelung small natural har- efficient, well- equipped modern .pprt-Reuter.
RED CONTROL OF WAR MATERIAL
Denver, February 2. The Communist conquest of China gives Russia control of two-thirds of the world supply of tungsten and antimony, two vital war metals, the Colorado
today. Mining Association was told
Mr. James P. Bradley of the Bradley Mining Company, San Francisco, told the Association's convention that control of the two metals will give Russia a The Japanese, In
day, tremendous advantage over the imported and planted Darjeeling US, both during a cold war and seed, which is still the bask
a hot war, black tea produced here.
thuic
In
The bulk of the black lea Taiwan however, is grown from China seed
is Interior
and quality to Indian tons: It is often used
and
in
New York Stock Exchange
New York, February 2, Closing Stock Quotations:
Alaska Juneau 3 American Smelting–534
Anaconda
140/2
29
Baldwin Locomotives 12% Barnsdal! 56%
Bendix Aviation 381⁄2 Bethlehem Stoel 33% Boeing Aircraft 20
Co
Canadian
'01
J. I. Case 484
Chrysler. 65% Colgate 44
Commercial Solvents 18%
Du Pont 63%
Eastman Kodak 47
General Electric 447%
Molors 75
Goodrich 76%
Goodyear 47% Homestake Mining 40 International Harvester 27%
Paper 36
Tel & Tel 12%
Johns Manville 47% Kennecott Copper 54% Montgomery Ward 69% National Distillers 23%
Lead 374
New York, Central 12% Packard Molors 431⁄2 Pan American Airways 87 Pennsylvania RR 17. Radio Corp. 14%
Schenley
Stool 2334 Tobacco 30
424
Sears
Shell Oil Socony Vacuum 18% Southern Pacine 32% Standard Brands 22
Oil of Calif. 63% Oll of N. J. 694 Studebaker 27% 2 Union Bar 284
*
В
Carbide 4432* US Rubber 42% Steel 30
"Russia might very well decide that the dollar value of China's strategle metal
production is minor matter when. compared to Ceylon the great advantage to be gained 78 2 in withholding these metals from "blender" in mixtures of others enemies," he said.-Associated Lens which are too expensive.
Press When the Chinese took over the island, mosi of the big Japanese organisations, like the Sugar Corporation, the Railways, the Cement and Pineapple Cor- porations were too big to be run or financed by commercial capi- tal then avalable and no they were made into Government or-donesia as a free and independent Coastal Oil. ganisations,
SWEDEN AND INDONESIA
1714
Yon Sheet & Tube 78 Westinghouse 33
Gen. Pub. Utilities 17 Selected rallway bonds improved. U.S. Governments held steady.
Marked up in the curb were recognised In-American Maracaibo and Pan- linois Zine was Foreign Omeo Al- lower.—Assoolated. Press
Stockholm, February 2. Sweden has
Slate, the na-nounced here today.
In other words, they were tlonalised and in most cases ac- quired monopoly rights.
Tea was not among them, but the best and biggest estates such
The Swedish Consul in Soura- baya, Mr. Axel Wieslander, has informed the Indonesian Govern- ment that Sweden will send out
NY RUBBER
New York, February 2 Crude rubber number one fu-
lower. Sales 53 contracts.
closed unchanged to
or those owned by Mitsubishia diplomatic representative short, sures and Mitsui (including the "Dar-ly, the announcement added.
jeeling seed" estates) were hand-Router.
ed over to a Provincial Govern
ment organisation called the Tal- wan Tea Corporation.
Local sala
-At-fest,TM it soomed that... this Corporation would be a formi- dable competitor
BUS TRAGEDY
Cartagena, Colombia,
February 2, Thirty were burned to death today when a motor bus travelling to ordinary from Sincelejo
Cartagena ⚫mall-holding producers and struck a bridge and burst into also to ordinary commoralai | flames. exporters,
Of the 43 passengers only seven However, this was not entirely escaped injury by jumping from the case as Government institu- the windows. Six suffered savere tions are not, in their nature, burns and others trapped inside well adapted to handle a pe-were either burned or crushed in cultar and individual trade ilke the ensuing panic--United Press.
ten.
LONDON STOCKS
March
May
July
September
10
10.10 bid. 18.58,
18.12-15.
17.00-05.
December ....... 17.63.
Spot number one ribbed smok- ed sheets 19-1/3 nominal-Asso- clated Prosa.
NOTICE TO CONSIGNEES
1.5. "Sinklang" arrived 2.2.50,
Damaged cargo ex this ves- sel will be surveyed by Messrs. Goddard & Douglas at Hong- Kong & Kowloon Wharf from 10 am, on the 7th and 8th February 1950, and consignees representatives are requested to be present during the-sur-
vey.
London, February 2. Japanese bonds ran in to proft. taking today by speculators who had been buying on prospects of an early peace trenty.
The 1907's closed at 49, of 1 1/2; 1910's, 34 1/4, of 1:1/4; and).... 1930's, 80 1/2, off, 1-8/4/- *
Financial Times' Index: 101.2-
While it is true that these in- stitutions have removed a lot of tee from the open market, their actual selling policy has not cut seriously into the business of private enterprise.
Such of their stocks as they do not succeed in selling abroad often to other Governments-- they occasionally offer on the local market, sometimes at prac ticable prices.
Normally, however, they tend | Associated Press. to keep tea too long and will not offer it reasonably until it is old.
Main port
NOTICE TO CONSIGNEES
Sterling opened at HK$15.32, and closed at $15.35,
the early days of the tea
M/V "AGAPENOR" Australian pounds continued to made by the famous China clip- Trade, when shipments were rino. Opening
'Damaged cargo ex this yes- FLIC$13.10, the closing rate was $13.20.
pars, the main loading port for Wharf between 10 a.m. and sel will be surveyed at Holt's Piastres remained nominal at Taiwan was Tamsul.
Cornish- HK$12.65 100.
style village at the mouth of the noon on February 6 and 7. Ticals at HK$28.50 100, and Tamsul River North West of 1950, and consignees are re- NEI Guilders at HK$22.60 a 100, Tulpeh.
quested to have their represen- tatives present during the sur-
were unchanged from the pro- barges at Talpen, which is the vey.
Tea was actually loaded in vlous day.
reason that ofd established Brais lke Talt and Company and Jor dine Matheson's still have ther "honga" or combined offices and living quarters-on the banks of the river.
Buenos Aires, February 2 Formal Anglo-Argentine tradu treaty talks were postponed to day until February 28 after the British elections. Associated Prèss.
BUTTERFIELD
'& SWIRE,'
Agents.
Later, the estuary silted up and Hong Kong, February 4, 1950. sailing ships were replaced by
Pacific Far East Line, Inc.
Fast Regular Trans-Pacific Service
SAN FRANCISCO, LOS ANGELES'
Vepral
"NEW. WORLD „VICTORY"
("GREAT REPUBLIC
“SULJA
UCKENBACE
OCHINA BHARY
OVERLAND NEW YORK-GIICAGO-SETTIGIT-TORONTO, MONTREAL AND ALL AMERICAN 4-CANADIAN CITIES."
BUTTERFIELD
...& SWIRE
Agents,
China Navigatiōn"
·Co., Ltd. Australian-Oriental Line Ltd.
NOTICE TO CONSIGNEES
CIE DES MESSAGEKIES
MARITIMES":
"Conslanove por: Company's
2.- "EPINALMAN
nen - heruby - nutised that, their” cargo la being flocharged into the ' Hong Ko
A Kowloon Wharf & Godors
RAO":
godown, where <1% {will - Bu ul. Cónsigneer risk and skjeri to the Whirl's forme and conditions ́of ‘alorage. and where delivery may be obtained ne vous na, the
•Enmaavě - packages aro`to he left kn the Gedong for examination by × ¿Cews]}, algunos, and the Company's 5 purvuren, Mrows." Goddard & 'Devrion, 14 10 m3. on" Toraday, 7th. Fabenory, 1990.
To comply with the Cônečn
AMERICAN. PRESIDENT LINES
The Global Pinet
TO HONOLULU & SAN FRANCISCO
via JAPAN
"President Cleveland” "President Wilson" "General Gordon"
. Arr. Feb. 25
Arr. Mar. 10 Arr. Mar. 17
Salla Feb. Salls Mar. Salla Mar. 18
20
TO SAN FRANCISCO & LOS ANGELES via JAPAN
"President McKinley————— -Arr. Bob......4 "President Taft”
Salls Feb......t
............. Arr. Feb. 20 Sails Feb. 27 TO NEW YORK, BALTIMORE & BOSTON'
́via PACIFIC COAST & PANAMA
"President Grant” "Marine Snapper”, -
****4; Art, Feb. ......................... Arr. Mar. 19
0
Sails Feb. JA
Salls Mar, 20
ROUND THE WORLD
Sails Feb.
Salls Feb. 22
VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BÔSTON
*Willamette Victory"........ Arr. Feb. 4 "President Folk"
.....Arr. Fob. 20.
TO JAVA & STRAITS
.....Arr. Feb. 10
Tel: 28172/5.
"Marine Snapper" ...
Sails Feb. 11
BEN LINE
SKIP "BENALDER" "BENMHOR" "BENAVON" "BENALBANACH” "BENVENUE"
"BENVANNOCH" "DENLAWERB" **BENLED!"
"BENNATOW"
"BENALDER" "BENNATOW"
"BENMHOR" · İ"BENVANNOCH"
"BENAVON"
"BENVENUE"
"DENLAWERS"
TO AND
FARM
TAS
ARRIVALS
FROM
DUE
U.K. via Bingapore, on or abt. 10th. Fab.
SAILINGS
12th Feb.
20th Feb.
H
28th Feb.
12th Mar.
20th Mar.
27th Mar.
7th Apr.
12th Apr,
London, Antwerp, Rotterdam, Hamburg &. Hull..
Gunos, Avonmouth, London, Rotterdam, Hamburg & Hull.
Liverpool,
Glasgow,
Loading on or abl.
18th Feb.
18th Apr.
(10th Webu
24th Mar.
26th Feb
Dublin, Havre and Antwerp.
18th Mar,
20th Mar.
Via Malaya, Colombo, Aden, and Suez Canal.
* Acospts Garge for Keelung and Japan.
†Accepts Cargo for Port Budan.
For Further Particulara, Apply To-
"W.R ̄LOXLEY & CO. (CHINA) LTD,
+
York Building.
Agents
Telephone: 34168.
THE EAST ASIATIC CO., LTD.
M.S. "MONGOLIA"
LOADING ABOUT 10th FEBRUARY
for
ADEN, FORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO. GOTHENBURG & COPENHAGEN
Tanks available for the carriage of oil in bulk Limited passenger accommodation available
THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd floor.
Tul.. 34111 & 34112-
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland
* *1 ‚! "
“M.S. “FRANCISVILLE
28th Feb.
30th Mar.
ARRIVALS FRom Pacific COAST
M.S. "CASTLEVILLE”
M.S. "CASTLEVILLE”
M.S. "BOUGAINVILLEK
Salling to Singapor Penang
M.S. "CASTLEVILLE
Passenge Accommo TO LOS ANG
1/24th Mark
Port: Swattenham,
Bulk Oil Tanks
THE BAN