MAIL" WEDNESDAY, MARCH 8, (1950,
FINANCE
AND
COMMERCE
ROYAL INTERO)
SINGAPORE, JAYA
PORTS and
MACASSAR
"TJITJALENGKA"
"VAN, HEUTOZ”**
"TJİSADANE”
• Only
to Bingapore,
Penang & Dolawan Dell,
MANILA, EAST & SOUTH AFRICA &
ARRIYALS SAILINGS
In Port
10th Mar,
20th Mar.
*
9th Mar..
10th Mar 25th Mari
SOUTH AMERICA
"BOISSEVAIN"
24th Mar..
10th Apr.
"STRAAT SOENDA"
15th Apr.
4th May
JAPAN
"BERLAGE"
14th Mar.
"BOIBSEVAIN"
9th Apr.
"STRAAT SOENDA” ...................
2nd May
10th Mar, 28th-Mar 17th Apr
Agents: HOLLAND-EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"HOOGKERK"
"MEERKERK"
Through
European porta.
ARRIVALS SAILINGS,
9th Mar, early Aprit
early Apr. early May
B1/Ltusund to
Mediterranean and Northern
JAPAN
"HOOGKERK"
"MEERKERK"
early. Apr.
early May
15th Mar. early Aprit
| KING'S BUILDING: TELEPTIONES:"28015' 30: 28017
- CHINESE- AGENTS: 12. EDWNAEGILI READ OR FURNI CERT 2500) 2
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. LAKE"
"PIONEER WAVE”
"PIONEER SEA"
SAILING TO MANILA
"PİONEER LAKE” (via Fusan)
.Mar. 18
.Mar. 26
: Apr, G
Mar 19
"PIONEER WAVE" (via Fusan, Yokohama) Mar. 23 "PIONEER SEA” (via Keelung, Yokohama) Apr. 7LN
SAILINGS TO NEW YORK, BOSTON, BALTIMORE, PHILADELPHIA via..
JAPAN & PANAMA CANAL
"AMERICAN REPORTER' Arr. Mar. 29. Sails Mar. 30 Apr 8, Apr. 10 "Apr. 201
PIONEER LAKEMI
"PIONEER WAVE” **
* via Tsingtao.
For rates, special information coll
Apr. 22-
UNITED STATES LINES
Queen's Bldg.
COMPANY
Tel.' 28106
14
The shave, list indicates the principal ports of loading and dimfärgs Dreally.intended, but not their roleiion. « Fa further informa tion, see, acbedels at the Coan pacy's, Alles,
DE LA
RAMA LINES
Sailing via Japan ports to
U.S. PACIFIC & ATLANTIC COAST PORTS
M.V. "AJAX"
Arriving via Manila from
19th Mar.
U.S. ATLANTIC & PACIFIC COAST PORTS
“DONA AURORA”
M.S. "DONA NAT!":
due 14th Mar.
due 26th Mar.
BUTTERFIELD & SWIRE
Agents
Connaught Ron
Tel. 30331/8
U.S. ORIENT MERCHANT LINE.
ARRIVALS
U.S. COAL STRIKE END New York
PAVES WAY FOR NEW BUSINESS REVIVAL
Hạng Kong Stock Exchange
The Market "has gone off the boil.
II.K. GOVT, LOANS 4% Loan T 314, Boán (1093) ★ 1940) 988. Loan ¿Ïb¢3}_99x,'".
H.K, Bark X 14801.
(Lion, Reg) £94. Chartern Bank £9 18/105. Mercantile Bank" And 13. £22!ah. ink of East Asia 107h,
INSURANCES Casion In 2202, Dolen T, C6521, Geðra. China Underwriters in, I.K. Fire Tria, 235am,
HILIPPING
Douxtar 20on.
7
R.K, M. Biesmbante iin. Back China (Pret;) AD50.
(Def,) 200n, Abella Benter) 89/15m, Union Waterionta 270. Ania Nav, Don.
DUCKS. WHARVES, GODOWNB, Etc. H... Wharves 10%.
North,Peint Wharves in. “
Blynkbal Hongkow Wharves 16,
K. Decka 186, 19.20ma.
China Providenta 12. Kinnekul Dockyarde · Kn. Whocincka 27b. -í
MINING
Raub Mines $21.
JK. Mines 514.
LANDS, HOTELS & DLDGE,
K. & §. Hotelə “XD; 9,60b, 9,800a.
H.K. Lands XD). 48.30n,
„Kbanææhind, Jannda 195na,»
Humpherys X.D. 10m.
H. Realties In
Chinese. Extina (2011.
PUBLIC UTILITIES
II.K. Tramways- 1415bgen. Teak Tramp. (Old) 19n.
(New)-9.
Star Ferries X.D. Alb.
C. Lizkin (Old)....11201, 119jan,
1Now) 8.40,.,8‡şıq.
IL.K. Elecurion (X.D, 278,-27\L/3&18, < Macao Electrics 200...“. Sandakan Lighta_8lán, Telephones 17b. 17% am. Shengkai Gan sajamente
INDUSTRIALS
Cald. Metz. (01L)-2in. Cantou Teen Stýn. Camante X.D., C.Ru, 21ļām. HK. Ropes 104mi
BTORES, Eie,
Dairy Farms Watsonx 49% «,' Avan.
Crawford 2624b, 2tak, Sinceres 3.1ÜB./
China Emporium 106.
By Co., Ltd. 2.5. Kwon,Bang Hang 4b, Wing On .K.) ·62b. › Wha., Powell, xd, #n
MISCELLANEOUS, China Enfurtniumenta 17. RK Comtrictluna (0)4) 2.400,
(New) 1:300.
Virologs D. 15. Marezinh... Juvestments. V/-n. -Murorques – (H.K.) --75n, --
Shanghal Goal 1,30h. Yingutes <n. ******
Ewon 4.20%.
COTTONA
2
Caringgr, ste, COMPANIES. Alma Estpim 184.
Anglo-Dutch -30%.
Aiglontares 100
Batik,Alkinu 20n.
Hote Plantation in..
Chemor Unitesi:.10n,
Chong Rubbers 10,
Consolidated Rubbers 11⁄2n,
· Dominian 'Rubbērs In.
LangkalsoD,
•
Regal Rubbers „Ron, Hubber Truurta: 26, 19. Samagaga: Rubbers („Gób, Bemetabu : Rubbers -19m Sbenahal Ködaha ağalı, Shanghai-Malaya. 19. Ebenchal Pahang 176, Shanghai Komalyan.
· Bungel --Durie:-)Jam, Tanah Merahu „35b, „00am. "Tebont Rühhori (238p. Ma
Zadie üblers #ta.
Ju
Now York, March 7,
The coal strike agreement this week paved the way for an immediate upturn in business and. industry in the United States after öne of the sharpest declines in acry
activity in years.
Virtually every kind of business in the country had been hurt in one way or another by the month- long strike of some 375,000 United Mine workers.
itsl
That the conl strike and ultimate effect on the national economy was tinged with inflation has been Indicated-right: along by the stock market:
Already talk is heard in bust- ness circles of a new round of price hikes for such commodities ns paint, tyres, farm equipment and even steel. The big resi training factor, of course, is keen competition for the consumer dplian
great
*
The final weekt of the con strike of 1950 witnessed rapid decline in all kinds of busi- ness operations but it was part cularly hard on heavy industry.
Steel mills reduced schedules to The lowest point since the indus-| iry was tied in knots by a mont' long steel strike last Fall. A
Brownouts
is ri
Soviet state
monopoly of trade
Mostow, March 7. "Pravda" made it clear to- day that the rouble's change to a gold basis leaves the Soviet state monopoly of foreign trade in full effect.
The Moscow paper, answering a reader's question, declared that Unemployment spread rapidly. all creating a strong secondary real Russian payments with foreign
states and the crediting
of foreign action on rotail--mlps."
trade between the Soviet Unfort and abroad' is 'carried out in foreign currencies whose circula- Llun is forbidden in Russiap Brownouts and dimouts were
·Pravda1made it clear that the extended to more cities and towns rouble's charge to a gold basis as the cumulative effects of the does not alter the system where protracted strike spread, Schooy all purchases of foreign goods were closed, Church service and hil bales of Soviet goods were suspended. In most of the abroad are in the Hands jof-the coal consuming tsiates, emergency
measures were lo effect in order state, as well as trading in pres vious metals and foreign cur-
-touchmuel: available fuel stock":"Pravda" said that the reason
to such essential institutions......os hospitals and public buildings.
*Avrvice
There were new cuts in railroad for the frouble's change was the
dollar tant that the
is an unstable currency no longer sultablé ne Retall trade
was better in some spots this week, worse in the basis for the Russian ruble. *Pravda" also said that the others. Weather.conditions and strikes usually were the deciding dollar is highly inflated and cited factors. Most stores reported evidence the price of gold on little or no setup in consumer in-the terest in television and radio. sets Press. and-house-furnishings. ·
Virtually all of the more im- portant indicators of business and industrial activity were down, this werk. The steel, operating rate fell to 79.7 percent of pucapacity from 88.8 in the preceding week and compared with 100.5 a year ago.
At this rate, tonnage was estl. mated at 1,104,000:against:1,602,- 000 last weak 'and'1,852,000 a
year ago.
This week's operating rate was the lowest since
the
+: week of
November 14 last...
free markets.—-Associated
U.S. TREASURY
Washington, March 6. "Treasury position on March 2 with corresponding compared date, a year ago.
Total Debt $256,208,224,822.33
and $252,130,457.948.65: Gold Assets 224,344,068,091.40!
arid $24,289,708,506.80. * Assodinfed Press.
preceding <
Freight carloadings lied NOTICE TO CONSIGNEES moderately from the 'week and again fell far behind loadings of "a year: Hago, Cars handled
the latest week
8.8. "JEAN LAFITTE"
Having arrived Hongkong totaled 540.791 which "compared consignees of cargo are hereby
with 560,118 last week and 698,
129 a year ago. Also lower were crude oil production, engineering construction awards and electric power output.Associated Press.
::
notified that an gourds have been landed and place at their risk and expense into the go- downs of "the" Hong Kong & Kowloon Wharf Godown Co., Ltd., where delivery my
Stock Exchange
New York. March 6, Persistent selling knocked down the stock inårkot's uttempt to rully as soft coal mining was re-. sumed. Trading hit 'n lively paco In curly dealings to push the average level of share prices lo
is highest in more than thres} years. But this uncovered, ready offerings or stock and many Habis were... reduced ́¡er' crasedi Gafhs ond Josses were largely limited to fractions. Transfers 1,470,000.
“Among griners were Amertean Dlatiling, United Corporation, Stumblers included Consolidated Vultec, Swift Internationul, Ame- rican Cransmid, Dow-Chemical, Celotex, Santa Fe, Consolidated Edison.
TO HONOLULU
"President Wilkón" "General" Gordon". **President Cleveland”
SAN FRANCISCO.
Arr. Mar. 10 Arr. Mar. 17.
Sails Mar SATTA MAT
Arr. Apr. 14 Ball:
TO SAN FRANCISCO & LOS ANGELES
"President Madison" "President Pierce"
via JAPAN
Sally Mar.
Arn' Mar. G
Arr. Mar. 11, - Salle Bläť:/
TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST" & "PANAMA
WE HAND "Marine Snapper" "President Johnson” -
"Arr. Mar. 19 Salta Mar. 20.
Afr. Apr. 15 Salli Apr. 18
*
ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, "COCHIN, BOMBAY, KARACHI, SUEZ,
PORT BAID, ALEXANDRIA, NAPLES, MARSEILLES,
GENOA, NEW YORK and BOSTON ENG
"Mount Davis”. "Mount Monafleld"",
-15
Dow Jones
averages: Stocka 74.44. 20 Industrials 204.83. Rails 50.42, 10 Utilities - 42,90,
Closing qualations;
Adams Express 1 Alaska Juneau 3 American Can 1111⁄21⁄2 Amerkan Swelling 54 Amanban Telephone 150% - American Tobacco 744 American Waterworks 9% Anaconda Copper 29% Aviation Corp..7% - Baldwin. Locomotive 12% Barncdall 50
Bendix Aviation 43 Bethlehem Steel 34% Being Aircraft 28: Borden Co. 61% Canadian Pacific 141⁄2 T-1 Case 44% 1
45% Commercial Solvents 16% Curn Products 60% Du Pont 63 Eastman Kodak-47% General Electric 140% Goodrich 85 Goodyear
3048
Mining 45%
anal Hurvester 27%
International Paper 30% International Tel
Tel & Tel 11
Johns Manville 47.36 Konnerett Copper 52% Montgomery Ward 584 National Distillers National Lead 38% New York: Central 13%
Packard Motors 3%
231
Pan American Airways 10%%% Pennsylvania RK 18 Radio Corp. 14%
Reinington Rate 19%.
Republic Steal 27
Reynolds Tobacco 30 Senenicy 31%
Sears Roebuck 43% Sl:ell
011 33% Socony Vacuum 164 Southern Pacific 33
Standard, Brands 23%
Standard Oil of Calif. 62,
Standard Oil of N. J. 60% Studebaker 2014
Union Bag 2014
Union Carbide 4334 US Rubber 43% US Steel-9142 US Lines 101⁄2 Westinghouse 33% Youngstown Shoot & Tube 814 Gen. Pub. Utilities 18t Rail bonds advanced. Among
be obtained as soon as the curb stumblers were Salt Dome 27 | OR: Barium Steel; Kaiser::Frazer,
14-Associated Press/3443
Money Market goods tire landed.
No claims will be admitted
US dollars, weakening further after the goods have left the yesterday, opened at HK$6,48% godown or fallure to attend and closed at $0.45), --
:
the survey
', t
"TT" opened" ar ~HK$6,50 and closed ut $0.488.
Sterling
that
All broken, chafed and dam- was: the up-grade,
on Opening at fiK$15.25, it went up aged goods are to be left in the godown where they will be to $13.80 at the close.
Australian pounds were un-examided In the Presence of changed at: HK$13.25.
** Plastres ** registered a further drop as they closed at HK$12.65
+
NOTICE TO CONSIGNEES
CONSIGNEES PER A
STATES STEAMSHIP
COMPANY.
8.5. “ARIZONA”
Mesas, Goddard "and" põlgleis on March 9, -1950 at 10 ani.
*** are bereby notified that their a100, after opching at $13.50. To comply with the General carga is being discharged into Teals were unchanged at HKS Bonded Warehouse Regulations, the Hong Kong Kowloon 28.40 -100.
consignee must have a “Ho Wharf & Godown Co's gotown NEI Guilders dropped another
Venue Oficer in attendance where it will be at consignees when exiinining damaged duti rise and subject to the Wharl's table goods All Calma against terms and conditions of storage, the vessel must be presented to and where delivery may be the undersigned within four obthined." teen days of the ship's arrival, or they will not be recognised
LONDON STOCKS 20 cents to HR$24.40 a 1001
London, March 8.
Absence of any mention, of für- ther nationalisation-in the Speech from the Thronà "bad":"n-alightly stimulating effect on shares of some industries: due to be taken over by clated Cement und -Tale
NY
!
RUBBER
New York, March 6. Crude rubber No. I futures
aft37,contracts,
Damaged packages are to be
the Government 50 closed, 33 to 45 higher with sales. No fre" insurance will be left in the godowns for EEKL
May
Lyte Sugar.", shares advanced, heMarch while London Aluminium“, de- clined and Amalgamated Tin wis July unchanged. Gold shares were
dull seanclar Time's index 104.5 Associated Press
"September
19.75 19.47. 19.05: bid.
18.83 T
ladzi dffected.net (einstall an
WALLEM & CO.
Agente Telephond34177-9.
1993/4 homihal. Associated March 3, 1950.
Spot No.1-ribbed smoked-sheels
Prest
Pacific Fur Cart Line Inc.
-
arfination-by, Consignees, and
the Company: a sítrveyors, Messrs. Carmichael & Clarke at 10 am on March 11, 1950.
To comply with the Geneml Bonded Warehouse – Regulak ∙tions, -conslàntes must "have-n Revenue Ollears in attendance When damaged dutiable foods are, andinned, fall:
No claims will be admitted after the goods have left the
In Port
Sails Mar. 9--
Art: Mar. 20
Salls Mar.20"
Arr. Mar. 14
Salls Mar. 15
TO JAVA & STRAITS
"President Johnson" St. George's Bldg.
Tel. 28172/5,
BEN LINE
{"DENALDANACH" "BENVENUEIKT, 7, "BENVANNOCH" "SENLAWERS” "BENNATOW" "BENNGVIB'I.
BENCRUACHAN" 'BENWYVI8"
“BENVENUES. *BENNATOW"
DENVANNOCH", "BENNSVIBY HAN
BENWYVIS”.
{"BENLAWERS"
BENORUACHAN"
Via Malaya,
ARRIVALS
FROM
.U.K. via Bingapore.
DUB
In Port.
ampadevi zidimning i go on or abt. 14th Mar.
SAILINGS
London, Rotterdam,
Hull
Antwerp Hamburg
Genos,
London,
Avonmouth, Rotterdam,
Hamburg & Hull,
Liverpool,
«Dublin, Havée 1 and
Antwerp,
24th me.
31st Mar.
17th "Apr.
2011: Apr
30th Apr.
9th May
· Loading on or abt.
18th Mar.
210 Apr.
-28th Mar...
28th Apr.
121) May
4th Apr
arif: May
Colombo, Aden, and Buez Canal.
Accepts Cargo for Japan.
· Accepts Cargo for Port Sudan. (Abcbpts Cargo for Rotterdam
skytiérku kaktán far menis
For Further Earticulars, Apply To--
W.R. LOXLEY & CO.
York Bullding.
Age
A) LTD
Telephonel 26168-
THE EAST ASIATIC CO., LTD.
AMORELIA'
LOADING. 8th/11th MARCH
·for
ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO,
Smash
GOTHENBURG & COPENHAGEN Tanks available for, the carriage of oli in (bulky
THE EAST ASIATIC CO., LTD.
„Queen's Bldg., 2nd floor.
Tel. 34111 & MALLE
KLAVENESS LINE
SATLING
Direct to Los
San
INYU
FRO
steamer's godown and all M.S.
goods^"remulřilby Wundelivered "after" March:12,7 1010"win - be
subject to rent, og jeg ska
All claims!
March
NDREASY GALVESTOI
DUE
ld Port 14th Mar, 20th Mar, 9th Apr
TOXING C (CHINA) LTD.
"BOU