THE, CHINA, MAIL, SATURDAY, MARCH 11, 1950,
ARRIVALS SAILINGS
ROYAL INFEROCEAN FINES
__SINGAPORE, JAVA.
PORTS and MACASSAR
"VAN HEUT&Z”*
TJISADANE”
"TJITJALENGKA"
• Only
to
Bingapora,
Panang & Qutawan Dell,
MANILA, EAST & ·
SOUTH AFRICA &
16th Mar.
20th Mar,
5th Apr.
SOUTH AMERICA
"BOISSEVAIN"
"STRAAT BOENDA"
24th Mar 15th Apr.
"TEGELBERG"
13th May
JAPAN
"DERLAGE"
"DOIOSEVAIN”
"BTRAAT BOENDA"
19th Mar 25th Mari 10th Apr.
10th Apr. 4th May 1st June
23rd Mar 26th Mar
21st Mar.
0th Apr.
17th Apr.
31st May
15th May
"TEGELBERG"
Agents: HOLLAND-EAST ASIA LINE.
EUROPE via MANILA ́
and MALAYA
"HOOGKERK"
"MEERKEAK"
.. Through Bo/Lissued to Mediterranean and Northern European ports.
JAPAN
"HOOGKERK"
"MEERKERK"
ARRIVALS SAILINGS
In Port
early April
early Apr. early May
early Apr.
carly May
17th Mar:
carty Apri!
KING'S BUILDINĖS TELEPHONES; 28015 JE (2017
CHİNİ SİZAGENTES KE ČOSNARGJET: ROAD, CELOTES, AD, UNERY
OCEAN AGENCIES, LTD.
FAR EAST SERVICE
S. S. “KEHREA”
LOADING FOR MANILA & CEBU
SAILING on/about 12th MARCH
Agents:
THE HONG KONG EASTERN SHIPPING CO., LTD.
Room 28, French Bôpk Building, 2nd Floor, Telephones: 32300 & 38601
C
U.S. ORIENT MERCHANT LINE.
ARRIVALS
FROM
FINANCE AND COMMERCE
REPAYMENT OF UK New York
STERLING DEBTS
Hong Kong Stock Exchange
Manchester, March 9.
The "Manchester Guardian” in its main adíterial this morning discussed the affects of Sterling debts repayments; on the British economy. Ir argued that overall rapayments of these debts, both in the interest of the creditor countries and of Britain, should not be more than at the
vary most £100,000,000 a year. The editorial was conumente, essen ing on the problem of these
This week is briefly summed up. balances raised by Mr. Anthony Sterling
Good dividends continue to be handed cut to which the Market is oblivious. Pricen havo hovered around the wook's opening rates the amount traded is small and neglect is all too apparent;
HK. GOVT. LOANS-
4% Lonu Plom. sives Lawn (19RE A 1940) ANG. Black, Burn (1940) 90#, DA/97mm.
DANKS
1.K. & B. Bank BuDir, 1890%.
(Lon, Reg) £82n, Chartered Bank AV 25/180. Mercantile uk A. D ̧ £21®. Bank of Eam Asin 102).
INSURANCEA
Cantún los sich. Union Tox. 195/600am. China Underwriters En. JK. Fire Exx, 216m.
SHIPPING
Dalanes 2001.
H.K. & M. Stenbonte 11m, Indo China (Prefe) #1.
(Del.) On.
Shelfs (Hear) b
Union Waterbonis IT
Asia Nav, 00n.
..
DOCKS, WHARVES, CODOWNS, Etc.
H., Wharves 10d.
North Point Wlarven 659b, Ca.
Shaughed Kengkew Wharte
10n.
21.K. Docks 18.00.
China Provides 121.
Shanghal Dockyarda b'%m. Wheelocka 21.
MINING
Raul Mines H.K. Mines .
LANDS, HOTELS & BLOGS, H. 8. Hotel Ex.Div. 9.40. HK. Lands Ex.Div. 45.300,- Bhanghai Lanús, 13ýb, 1944. Humphrys Ex.Div. 10n.
.. Rextle Zn.
Chinese Estates 1901.
PUBLIC UTILITIES Н.К. Тгатируя 14.60кл. Peak Trama (Old) 18m
(New) 0. Biar Ferris Ex.Div. 83,
C. Lights 11.
(New) 8.30b.
H.K. Electrica Ex.Div. 27h; ETAL. Maruo Electrics 20,
Handakus Llits que
Telephones 1814h,
Abanghel Uns 1.
INDUSTRIALS '
Cald. Mare, Ord. 25b, bra. Canton on
Cementa, Ex.lv, C.Ria, Zéfaa, FLK. Tubes 15, 16,
STORES, Ele.
Dairy Farma da.
:.
Watsons Ex.Div., Chts, 43, 421208.
1. Crawford I, 21.
Biner 3.NGU, 3.80.
China Emporium Ex.Div. 0.6CM.
Bon Co., Ltd. 10.
Kwong seng long pe
Wing On (1K;) <$. Wm. Powell, TÍ, #350.
MISCELLANEOUS
China Entertainments 17 I.K. Constructions (Old) 2.400.
(New) 1.30.
Viro Ping Ex.lv, 13, Mark Investmenle 9/ - Harman-- (JK318n
Shanghai Loan 1.29. Yangtze dn.
Ewo
COTTONS
RUBBER. ɛ, COMPANIES, Alma Paisten 15, 104. Anglo-Dutch 800.
ཏ་་རྩྭ
· SHIP
PUB
Anglo-Javas lu.
1.0. "NORLAGO"
14th Mar.
Batu Anam zon,
* "ANNITBA"
EAST COAST/U.S.A.
Abt. 28th Mar,
Dute Plantations *.40%.
*.. "VASBIL18"
9th Apr.
Chemor Uniled .866.
GALVESTON,
W. R. LOXLEY & CO., (CHINA) LTD.
AGENTS.
York Bullding.
Tel. 34105
AMERICAN PIONEER LINE
to and from Atlantic Coast Ports af the United States and Far Eastern Ports
NEW FAST CARGO SHIPS
ARRIVALS FROM ATLANTIC
"PIONEER LAKE”.
"PIONEER WAVE" "PIONEER SEA"
SAILING TO MANILA "PIONEER LAKE" (via Futan)
Mar. 17 .Mar. 28
Apr.
Mar. 18
"PIONEER WAVE" (via Fusan, Yokohama) Mar. 29 "PIONEER SKA“ (via Koelumny, Tokohama) Apr. 8
· SAILINGS TO NEW YOKE, BOSTON, BALTIMORE, PHILADELPHIA via
* JAPAN & PANAMA CANAL ·
"AMERICAN REPORTER" Arr. Mar. 29 Sails Mar. 30
"PIONEER LAKE"
**PIONEER WAVE"
• via Tsingtao.
Apr: 8 Apr. 10
* Apr. 22 | Apr. 24
de for autus, special informatiens call
UNITED STATES LINES
Cheng Rubbeên .100.
Consolidated Rubbers 1.00h, s Baminion Rubborn in.. Langkate In.
Farah Bubbers „200,.
Bubber Trial 2016, 86. Bamakosa Rubbere .65b. Repamba Bubbers .10).
Shanghal Kedaha dh, 41⁄4an. Shanghai-Malaga 300.
Shanghai Pahang 40, Ebanghel Samairus „GOD, Bungel Durk 10h.
-Tanah Merahe .556, 458, ADR {
Tebook Rubbers 10n. Clangbe Bubbers ',400.
Money Market
Eden in the House of Commons debate on the King's Address
Estimating the overall debis at same. £3,200,000,000, the paper sold, "Much (though not probably so much og is often assumed) ve Incurred to such countries, us India and Egypt in fighting, the war".
"What
- paper. suggested,
Weakening further yesterday US dollars dropped to HK$0.43%, after opening at $6.45. These were the lowest and highest rates,
TT was put through from] HK$0.45 to $0.47347)
Sterling
WAS stationary at HK$15.32.
Australian
pounds
back to HK$13.30 after opening) dropped
at $13.35,
Plastres were unchanged at HK$19.50 #100...
cents to
Ticals dropped 10
HK$28.30 g 100,-
NEI Guliders opened at IKS $4.70 » 100 and closed at $24.40.
¤LACKENE”.
PWILLIAM
·TÉALIFORNIA BEAR”.
TRAD
must be done now is to Ax the rate at which we can afford to repay for the next few years.”
Discussing the strain of .un. requited Jequited experts during the past three years on British economy. the paper sald that the relaxes from the Sterling balances were 60187,000,000 in 1947, £207,000,
1940 and, at the rate of 41275,000,000 a year during the £275,000,000 Arst nine months of 1949, without including the drawings not cover. ed by formal agreements.
Estimating that most of the
investment capithi
releases
in 1949
London, March 9. Mr. Hugh Opitakali, Mini- ter for Economic Affairs, told Parijament today in a written reply that. Sterling, releases during 1949 were £218,000,- 000.
These ralesses, he said, had been made under arrange- ment with India, Brazil, Cay. ion, Egypt, Iraq, Jarast, Pakistan, Sweden, and Uru Quay.-Router.
CHARGED WITH INSULTING PONTIFF
to
Rome, March 9, The Italian Lower House abrost in night lifted Parliamentary
Im- British
from the Communiat
munity
effect also want to buy exports without current ment, the paper argued that last. year between £400,000.000 and charged with insulting the Pope. She is said to have. accused £500,000,000 worth of British the Pope of not having lifted a goods were exported without finger to prevent the war curning Imports, representing Palestine or to hinder or limit, about one quarter of all British World War II. exports,
repay woman deputy, Laura Dluz,
séll
The paper said that the effect of this policy was directly in flationary at home and abroad, British Orms which could
nelly and profitably to Sterling countries had no reason to try their fortunes in the riskier markets of North America.
Much overdone
Charged with having made, tho accusations in a public speech two years ago, she is expected to be tried shortly.
Communist and left wing So-
voted these cinilst deputies
against depriving her of Parliamentary immunity-Reuter.
Guardian"
The "Manchester said, "With much of the world we have a trade
LONDON STOCKS London, March 9. Industrial shares developed surplus mild weakness in a dull scasion of the Stock Exchange, British Government bonds drifted to 6/16 of a pound lower. Japanese bonds slumped sharply because
restrictions. of new tight
by Tokyo on, most allocations--of the sterling area. The 1007 Issue British pounds for imports from
closed at 45-4, down 1-%, the one questions either our obligation to meet our obligations and the 1980 series at 62, down
1910 series at 32-4, down a or our self-interest in helping
two, dimculties as countries in such
spend less on imports than it spends on our exports. And yet Starling Inseverywhere soft currency which no one is an xlous to hold. That is the mas- sure of how much weave overdone the"?blease of Sterling
from the 'balances."
Financial Times index 104.2.---
In India. But how much can we Associated Press.
do?
NOTICE TO CONSIGNEES Consignees Per
We shall not help to preserve india from Communism by bring ing the Sterling Area down in bankruptcy. We
dis- shall not chorge our moral obligation by. overstraining ourselves so much 9.3. BENALBANACII”, that our creditors' Sterling
comes less and, less in real are hereby notified that their Saying that it was a reasonable cargo is being discharged into guess that India's spendings from the Hong-Kong Kowloon Whart & Godown Co.'s EO- her Sterling balances will amount
to some £100,000,000 in the our down, where it will be at Con- rent 12 modtha" compared with signces' risk and subject to the £170,000,000 in the last 12, the Wharf's terms and conditions paper said that against this must of storage, and where delivery be set various! increases in the
may be obtained. repayments
to our smaller credi tors.
Damaged packages are to be "There is no sign that on left in the Godowns for exam- balances the Government will donation by Consignees and the more than imposo a slight slow-Company's Surveyors, Messrs.
down."
ins
paper concluded, "The only Carmichael & Clarke, at 10 course is to get all our creditors am. on March 11, 1980. together and agree on a total for To comply with the General
the repayments we can make Bonded Warehouse Regulations now. In their interests as well #2 Consignees' must' havõ`u Ro- ours it cannot be more than, at venue Officer in attendance the very most, £100,000,000, year."Reuter,
when damaged duttable goods are examined
NY RUBBER
Stock Exchange
AMERICANS
The Global Fleet
TO HONOLULU & SAN FRANCISCO.
"President Wilson”
"General Gordon
"Prezident Cleveland"
via.JAPAN
Arr. Mar. 10 Arr. Mar. 17 Arr. Apr. 14
Sails Mar. 17 Salls Mar. 18 Salls Apr.
18
TO SAN FRANCISCO & LOS ANGELES
New York, March 9. A late selling wave carried the stock market to A
"President Harrison" three-week
"President McKinley'
low. Leoding teruos finished with Josees of fractions to around a point, with most ending at the lows for the day. A midday rally faded out and selling was heavier in the inal hour, Transfers 1,330,000 shares.
Wall Street sentiment could be summed up this way:
Bearish for the immediate fu= ture, bullish for the long pull. Some traders thought a decline was overdue. Among losers Chemical, were Pepiscola, Dow Gulf Qll, United Airlines and General Instrument.
Galner's Included Swift Inter- national,
Paramount Pictures, Santa Fe and Loews.
Dow Jones averages: Stocks 73.5); 20 Industrials 202.33; 18 Rails 55.18: 10 Utilities 42.81.
Closing
Adams
2144
American Can 100%----
Telephone 151
•
Tobacco 72%
H
Anaconda
Waterworks 0%
Aviation CPT 28
:
0% Baldwin Locomotive 11%
Barnsdall 80%
Bendix. Aviation 41%
Bethlehem Steel 33%
Bloging
Aircraft 27
Borden Co, 50%
Canadian Pacifle 14%
J.:1. Case 42%
Chrysler 64%
Colgate
45%
Commercial Solvent 10% Corn
orn Products 69%
Du Pont 62
Eastman Kodak 40% General con
Electric 4514
Motors 74%
Goodrich 82%
Goodyear 49%
Homéstake Mining 44% International Harvester 27
Paper 35 Tel * Tel 11%
Johns Manville 40% Kennecott Copper 51% Montgomery Ward 55 National' Distillers 22
Lead 371⁄2 New York Central 13 Packard Motors 3% Pan American Airways 10 Pennsylvania. RR 18 Radio
14
Real S
11% Remington Rand 13%
Republic Steel 25 16
is Tobacco 38%
Reynolds
Schenley
Sears Roebuck 43% Shell Oil 86
Socony Vacuum 1214
Oncife #24- Southern Standard Brands 23
bil of Calif. 623⁄4 "Oll of N. J. 60% Studebaker 27% Union Bag 27%
Carbide 42
US Rubber 42
"
Steel 30%.
"Lines 18
Westinghouse 33
Youngstown Sheet & Tube 79% Gen. Pub. Utilities 17%
Rail bonds eased. Among curb stumblers were Cities Service, Kaiser Frazer, Pancoastal OIL- Asciated Press.
NOTICE TO CONSIGNEES
CONSIGNEES PER
STATES STEAMSHIP COMPANY
5.3. "ARIZONA"
are hereby notified that their No claims will be admitted, cargo is being discharged into after the goods have left the the Hong Kong Kowloon steamer's godowns, and all Wharf & Godown Co's godown oads remaining undelivered where it will be at consignees after March 18, 1950, will bel risk and subject to the Wharf's subject to rent.
terms and conditions of storage, and where, delivery may be All claims against the steam obtained. er must be presented to the Spot No. 1 ribbed smoked sheets March 20, 1950, or they will left in the godowns for ex-
undersigned
or before Damaged packages are to be
New York, March 9. Crude rubber No. 1 futures closed three lower to 10 higher with sales of 69 contracts.
March
19.80 bid May
19.25-30 July September
18.98. 18.00
19 5/6 nominal-Associated Press
SHIP MOVEMENTS
San Francisco, March 4 Ship departure on March. General Hugh J. Gaffey for Yokohama C
Boattle, Ship arrivals, "Mançeran]
on
not be recognised.
No Fire Insurance will be effected.
R. LOXLEY & CO. (CHINA), LTD. Agents.
from Calcutta, Beaver Blata from Hong Kong, March 8, 1950. Fusan Associated Prem,
Pacific Far Cart Line Inc.
Fait Regular
· ANGELES)
amination by Consignees and the Company-surveyors, Messrs Carthichael & Clarkó fát 10 a.m. on March 11, 1950.
To comply with the General Bonded Warehouse Bagula- tiors, consignees mist have sa Reventie Officer in attendance when damaged dutiable goods are examine
| No claims will: he admitted after the godda: havn Løfe' the | steamer's godowns,” and all, goods remaining undelivered after "March 12, 1950 will be“ subject to rent.
claime
steamer taust the Undersigne March 1207
hot be rece
No Fir
inst the presented" to
or before
theys with
via JAPAN
Arr. Apr. 2 ...Arr. Apr. 13
Sulla Apr. Salls Apr. 13
TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA
"Marino Snapper"
"President Johnson"
.Arr. Mar. 19
............. Arr. Apr. 15
Balls Mar. 20 Salle Apr. 16
ROUND THE WORLD
VIA MANILA, SINGAPORE,-COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON "Mount Mansfield" "President Monroe"
Arr. Mar, 20 Arr. Apr. 4
Sails Mar. 21
Salls Apr. 5
TO JÁVA & STRAITS
"President Johnson” St. George's Bldg.
.Arr. Mar. 14
Salla, May. 15
Tel. 28172/5,
BEN LINE
SHIP
"DENALBANACH"
"BENVENUE"!
"BENVANNOCH" "BENLAWERS"
"BENNATOW"
"DENNEVIS" "BENCRUACHAN"
"BENWYVIS”
"BENVENUE"
**BENNATOW"
**BENVANNOCH"-"
"BENNEVIS"
("RENWYVIÐ"
("BENLAWERO" ....
"BENCRUACHANA
ARRIVALS
FROM
.U.K. via Bingapore.
SAILINGS
DUE
In Port. 18th Mar.
on or abt 24th Mar.
31st Mar.
17th Apr
20th Apr.
80th Apr.
9th May,
Loading on or sht
20th. Mar.
21st Apr.
Avonmouth,
28th Mar,
26th Apr.
Hamburg & Hull,
12th May
Liverpool,
Glasgow
Dublin,
Havro
4th Apr.
Antwerp.
3rd May,
London; Antwerp, Rotterdam, Hamburg.
Hull.
****
Genoa,
Landon-Rotterdam,
Via Malaya, Colomba, Adon, and Suez Canal.
* Accepts Cargo for Japan.
Accepte Gargo for Port Gudan.
(Accepte Dargo for Rotterdam
For Further Particulars, Apply To-
W. R. LOXLEY & CO. (CHINA) LTD. “AgentsTM
York Bullding.
Telephone: 34105."
THE EAST ASIATIC CO., LTD.
M.S. "MORELIA"
LOADING 8th/11th MARCH
for
ADEN, PORT SAID, BEYROUTH, GENOA,
ANTWERP, ROTTERDAM, HAMBURG, OSLO,
GOTHENBURG & COPENHAGEN --
Tanks available for the carriage of oll 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 MS. "CASTLEVILLE” M.S. “BOUGAIN
? ¿, 30th Mar. MY CHIC 30th Apr. ARRIVALS FROM PACIFIC COAST
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