ROYAL UNTEROCEAN. LINES!
● SINGAPORE, JAVA
PORTS and
MACASSAR
"TJISADANE”
"TJITJALENGKA"
✪ MANILA, EAST &
SOUTH AFRICA & SOUTH AMERICA
ARRIVALS SAILINGS
IN PORT
25th Mar.
5th Apr,
10th Apr.
"BOISSEVAIN'S "STRAAT BOENDA"
24th Mar.
10th Apr.
15th Apr.
"STRAAT MALAKKA"
"TEGELBERG"
13th May
4th Mny 1st June
•
JAPAN
"DERLAGE"
"BOISSEVAIN"
"STRAAT JOENDA"
"STRAAT MALAKKA”
"TEGELBERG"
27th Mar,
9th Apr.
20th Mar,
17th Apr.
2nd May
15th May
31st May
Agents: HOLLAND-EAST ASIA LINE
• EUROPE via MANILA
and MALAYA
"KOOGKERX"
"MEERKERK"
lasund
ARRIVALS SAILINGS
2nd April
10th April early May
2nd May carly June
to
Mediterranean and Northern
"RYNKERK"
Through Bs/L
European porta,
JAPAN
"HOOGKERK”
"MEERKERK"
"RYNKERK"
1st April 1at May Early June
17th April carly May
PEKING'S BUILDING, STELEPHONESTÜ20015ĖTO:2801798;
GOLUBINESINAGEMISERZ CONNAUGHT ROAD-E FILS/AMAZIN
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 WAVE"
"PIONEER SEA".
"PIONEER COVE"
"PIONEER WAVE” (vin Fusan)
"PIONEER SEA"
SAILING TO MANILA
.Mar. 27 Apr. 10
Apr. 28
.Mar. 28 Apr. 11
1 "PIONEER COVE" (via Yokohama, Takubar) Apr. 29
SAILINGS TO NEW YORK, BOSTON, BALTIMORE, PHILADELPHIA vis
JAPAN & PANAMA CANAL
"AMERICAN REPORTER' Arr. Apr. 3 Sails Apr.
**PIONEER LAKE"
"PIONEER WAVE"
* via Toku Bar
A
J
#
Apr. 8
Apr. 19
"
Apr. 10 Apr. 21
For rates, special information call
UNITED STATES
queen's Bldg. COMPANY
LINES
Tel. 28196 The above that Indiesten the principal ports of loading and discharge as presently intended, but not their rotation. Yor further informa dan sen achedule at; the Company's Offen.
DE LA RAMA LINES
Sailing to New York, Baltimoro, Philadelphia, Via Japan and Pacific coast ports
M.V. "AGAMEMNON”
THE CHINA MAIL, WEDNESDAY, MARCH 22, 1950.
„FINANCE AND COMMERCE
H.K. Stock AMERICAN ECONOMY
AT A HIGH LEVEL
Exchange
The market continues steady.
ILK, BOVE, LOANS
45 Basalt BDRi
39915 Tann (109114, 1940) DeL, 9350 Lawn (1948) ÝRK.
BANKS
ILK. & B, Daak penton,
£223⁄4».
Bon. Best.) 48n.. Chartered Bank CD 11/16n, Mereunte Bank & Bank of Eras Asin 1990.
INSURANCES
Cafe Lux 310. Weston Ine, Glón. Clins Underwriter 50, NK, Pre fum. Ex.Jily, 11km.
HRIPPING
Dough 20m.
JK. & M, Steambonte 1in, Insta Chlons (Pret) Botýn.
f.) 20.
She featz) G4/41n, Bubon Waterbents 258. Anda Nay, 902
DOCKS, WHARVES, GODOWNS, Etc. IK. A K. Wharves Ex.Dlv, 926, North Point Wharvom 6.50Ů, NGOMA. Bloggħud Hongkew Wharven. 16n, H.R. Dark 18151,
China Providenta 12b, 32. Shimoghat Bochynida 495en. Wheelocka 20.
MINING
Raub Mines blyn.
10 K, Mines 01ým.
LANDS, HOTELS & NIOSH,
H.. Hotel 0.40h, D.TO, Digan, 11K, bunda 40929
Bobal Lands, 1.408, 1.60%; Jijau. Humphreys 101.
ELK, Realties Zn.
Chine Eetsten 130g,
PURLIC OTILITIES H.K, Tramways Vix.1)lv. 19.001), Peak Tram (Old) In.
(New) 94,
Star Forries 83740.
C, Lights (ok) (1.7h8, 194, 11.8Dwa.
(Nowy Khigh, K,501. 1.K. Elvstrlen 2644h, 271ám, 27. Men 1ertziew 200. Hordukan ehte ngán, Telephone 16, 104.
INDUSTRIALS
Bald, Mary. (Ord.) 22lin, Creston an.
Vemente Exilichte 19956, 112, H.K. Rogers Ex.Dlx, 140.
KTURES, Rte.
Dairy Farina E, JU3⁄4ma.
Watson Kev., C., 4215, 42am.
t. Crawford 21 kb.
Ainceres 3.40.
Chine Emporium táb
Kwa Saus Hung Dih, Wing On (1.8.) 26. Win. Powert, til, pin,
MISCELLANEOUS
Chin Enteriniuswate 17% ILK. Ghostructions cota) .40.
(New) 1.300.
Vitro Pilgs 1. Maraman Investments 2/-0. Aaron H.K.) 7. hought In 1.30. Yaustazes 3.Ath, 49% », 3.06an.
COTTONH
Ewe h
(Continued On Cal. 4)
Washington, March 20.
The United States Commerce Departmant 'reported
that the gross national production-total of alt goods and services——was valued at $257,000,- 000,000 in the calendar year 1949, which kopt the economy at a very high lávol. This was about five per cent under the all-time dollar peak of $262,000,000,000 reached in 1948.
The principal reason for the | 9000006 decline was price reductions ont
many
consumer items since
then.
The Department
prices In 1940, physical volumes was slight,
shid
when
allowance is made for lower
the change In |
production
National Incone, which drop- ped about the same percentage as production, totalled $221,500,000,- 000 compared with $220,000,000- |000 the previous year. Personal
income
$210,000,000,000. was down about $2,000,000 from ine "record 1948 high.
The decline concentrated for} the most part in the first hair of the year. In the latter half, the overnil economy stabilised.
In 1949, for the first time since the war, most money went direct- ly into
into sales channels rather than into inventories. Net 1949 inven- torics
averaged $2,000,000,000.
In 1948 the gure was $0,500,- 100,000.
Consumer spending in 1940, which stood at $179,000,000,000 was little changed from the year before. Sales were somewhat farger, but prices lower.
Durable goods spending In- creased to $24,000,000,630 because of bigger car sales.
Spending for services rose to *$50,000,000,000-compared with! $53,000,000,000 in 1948. Construc- tion and equipment investment totalled $37,000,000,000, largely because of decline in residential construction in early 1949.--- United Press,
Money Market
Continuing the downward trend. US dollara yesterday touchect Kicap of the markel yesterday. "THE opening rate was $0.39, and the highest $0.35.
TT fell from KS8.39 at the opening to $0.37 at the close.
Sterling was maintained at HK$15.40.
Australian pounds dropped to
NOTICE TO CONSIGNEES-RKS13.25
CONSIGNEES PER STATES STEAMSHIP COMPANY
5.5. "WYOMING"
are hereby notified that their cargo is being discharged into the Hong Kong & Kowloon Wharf & Godown Co's godown} where it will be at consignees risk and subject to the Wharf's terms and conditions of storage, and where delivery may be obtained.
Pinstrea remained nominal at HK$12.50 100.
Ticals were unchanged at HK$28.30 a 100.
Goods said pouring into Shanghai
San Francisco, March 20).
Over 5,000,000 tons of cargo And 17,000,000 passengers were carried by railways and ships of East China during the- last nine months, according to Peking Radio tonight.
As a result, goods have
pouring into
Shanghal, and grain, particularly coa!
Radio said. Coal ship- mente enabled reserves In- Shanghal to be kept. at
been
the
a.con-
stant figure of several thou- Kand tone compared with a regular 5,000 tons during tha early days of Bhanghal's oc- cupation.
Over 1,000 miles of railway In East China are now being used while more than 10,000 miles of inland waterways are now oponed to traffic, the Ra. dio further reported/Router.
TALKS ON UK
TEA CONTRACT
London, March 20. The Food Minister, Mr. Maurice Webb, was asked in the House of Commons today! when he would be able to tell. lea growers in India and Cey- oh what price he would offer for tenders to the 1950 bulk contract.
He replied, "When our negolia- tions with their Governments are completed."
He did not comment when a whether ho Conservative asked
that the longer appreciated decision was delayed the less chance there would be of the quantities he required at suit- getting
able prices.
.."
The Minister
was also asked whether he, was taking care dur- ing these negotiations tlist the| reopening of the London tea mor- ket was not being Jeopardised.
Mr. Webb replied that it would;
NEI Guilders. which dropped to HK$22.70 a 100 on Monday fol lowing devaluation of the Indo-not be overlooked-Router. nesian Guilder, re-opened yestor day at $20.50. In the afternoon it was marked down to $15 nominal.
FOOD AND FUEL COST
week ended March 18 issued by The food and fuel index for the
the Labour Office, were: Rice and Flour 7.2 cattles $0.0500 Vegetables 19 cattles
1.1210 2080 1.4210
Damaged packages are to be left in the godowns for ex- Salt Cabbage .2 catty amination by Consignees and Oll culty the Company's surveyors, Tea 2 culty Messrs. Carmichael & Clarke Salt Fish 3 entty
Fish 4 catty
al 10 a.m. on Murch 25, 1950.
To comply with the General Bonded Warehouse Regula tions, consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined.
No claims will be admitted after the goods have left the steamer's godowns, and all goods remaining. undelivered after March 27, 1000 will be subject to rent.
All ⚫ claims
against the] steamer must be presented to 23rd Apr. the Undersigned on or before April 3, 1950 or they will not be recognised.
Arriving via Manila from U.S. ATLANTIC & PACIFIC COAST FORTS
M.S. "DONA NATI”"
M.V. "BENGALLA
M.S. "DONA ANICETA"
.duo 26th Mar.
duo 12th Ap
No Fire Insurance will be effected.
DODWELL & CO., LTD.
Agents.
duo 30th Apr. Hong Kong, March 20, 1050.
BUTTERFIELD & SWIRE
Agents
1, Connaught Road, C.
Tol. 30331/8
Pork 3 catly Firewood 10.0 cattles Bean Curd, 14 pieces
Total
1.0800
.0600
1.2440
LONDON STOCKS
London, March 201 Far Eastern rubber shares pro- vided the bright spot on the Lon- don Stock Exchange today. In- dustrials were generally fdio with equally divided. small gains and losses about
Most American Issues were down,
Financial Times' index 104.1,. unchanged-Associated Press.
DOCKERS STRIKE
Buenos Aires, March 20. 1.4370
Striking dockers demanding .0000 3000 wage increases held up work on all but 14 of 103 overseas vessels $15.0000
·In Buchos Aires port today:
The dockers said that their strike will last until Wednesday night-Reuter.
(Continued from Col. a)
RUNNERS, COMPANIES)
Alin Estates 16h Anglo-Dulch 30m, Anglo-Javas in. Batu Anais Zön. Bute Plemaifona 60%, Chemour United 28. Cheng Rubbern -100., Consalkinted Rubbers. 2,066, Dominion Rubbers 1gi Langkate In Repsh Rubbers 201. Rubber Trusia 14b, âļtx, "' Barnumaza" Rubbers. 6äb. Semambu Nubber „Job, Shanghai Kasaba-4567, 429 Shanghai-Malaya 159.
·Bhangbai Pahang düb, Shanghai, Sumatras Con Sun. Mangerla Job.. Bungel Durin, 15h, 10km, Tanah Merah b. 63. Tebong. Rubbers 165, Ziazebo Rubbers 800,"
NY RUBBER *New York, March 20. Rubber closed two to 10 lower. Sales 10 contracts. -
May September
10.00. 18.00.
Number one
ribbed smoked sheets, 20 nominal. Associated
Press.
U.S. DEBT
AMERICAN PRESIDENT LINES
The Global Fleet
TO HONOLULU & SAN FRANCISCO
"President Cleveland"
"General Gordon"
New
York
"President Wilson"
Stock Exchange
New York, March 20. Stocks made slim' gains on the strength of such good corporate news but fell back on profil- taking in the final hour. Of the 15 most active issues, eight were higher, four unchanged and three lower. Most major groups-pre- sented a mixed appearance. Of 1086 Issues traded, 358 mivanced, 430 declined; 1,420,000 shares were traded. Seventy-six new highs were touched during the day and 24 new lows. Most ne- live issue was Missouri Pacific) preferred, up 1-% at 9-%.
Dow Jones averages: Stocks 74.91; 20 Industrials 207.70; 15 Rails 55.25; 10 Utilities 43.67.
Closing Quotations:
Adams Express Alaska Juneau American Can 117
+
14
Smelting 33 Telephone 151%
Tobacco 72 Waterworks 10%
Copper 28
Anaconda Aviation
01% Baldwin Locomotive 11 Barnsdall 50%
Dendix Aviation 42 Bethlehem Steel 344 Aircraft 2714
60%
Boc Co.
Borden
Canadian Pacific 14%
J. I. Case 444
Chrysler 80%
Colgate 45%
Commercial Solvent 10%
Corn
Products 69%
Du Pont 65 Eastman General Electric 40%
Motors 76 %
Kodak 40%
Goodrich 83 Goodyear 50%
Homestake Mining 45%
International Harvester 20%
Paper 37% "Tel & Tel,11% Johns Manville 49 Montgomery Ward 56 National Distillers 23%
Irad 38% New York Central 13% Packard Motors 3% Pan American Airways 10 Pennsylvania RR 174
Radio Corp. 145% Real Silk 114
mington Rand 15% Remington Republic Steel 20% Reynolds Tobacco 30% Schenley 3094
Shell
·
Roebuck 4315 Oil 30 Sorony Vacuum 17 Southern Pacific. 51%
Brands 23% Standard
Oil of Calif. 85% Oil of N. J. 09 Studebaker 304
20% Union Bug
Corbido 43%
"
US Rubber 43%
"Steel 31
+
Lines 16% Westinghouse 34%
Tho
Youngstown Sheet & Tube 824 Gen. Pub. Uilities 17% Bonds moved narrowly. curb showed good gains. Among those moving up were Humble oil, Electric Bond and Share,
Service, Cities
Kaiser Frazer was lower-Associated Press.
NOTICE TO CONSIGNEES
3.5. "GATEWAY CITY” Having arrived Hong Kong consigneck of cargo are hereby notified that all goods have been landed and placed at their risk and expense into the go- downs of the Hong Kong and Kowloon Wharf and Godown Co., Ltd. where delivery may Be obtained as soon as the goods are landed.
Washington, March 20... No. claims will be admitted The US Treasury announced after the goods have left the that the Government total godowns or failure to attend debt, on March 10, was $255,904, the survey1- 094,189 compared « 164 $251,102,- 417,314 a year ago. Gold, Assets All broken, chafed and were $24,820,473,052 against $24,-aged goods are to be left in the 304,008,002,Associated Press.
Pacific For Cars Live Inc.
DIRBOT
Fast Regular
SAN FRANGLICO, LOS ANGELES:
U.S. ORIENT MERCHANT LINE.
ARRIVALS:
"WILLIAM GLACKSNE”
FUALIFORNIA DHAR”,
NEW, TORE
MONTREAL" AND ALL' ARKE
Service
Anm-
godown where they will Bej examined in the presence of Messrs. Goddard, and Douglas on March 24, 1950, at 10, aim.!
́viɑ JAPAN
, Arr. Apr. 13
Art, Apr. 28
Arr May 2
Sails Apr. 14 Sails Apr. 20 Soils May
TO SAN FRANCISCO & LOS ANGELES
"President Harrison"
"President McKinloy"
via JAPAN
3
..Arr. Apr. 4 Salls Apt. 5 Arr. Apr. 13 Sails Apr. 13
TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA
"President Jolinson": "President Fillmore"
...... Arr. Apr. 15
Salls Apr. 16
Sails May 14
........... Arr. May 13 ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIAS NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON
In Port Arr. Apr. 5
"Mount Mansfield" "President Monroe"
TO JAVA & STRAITS
"President Fillmore"
St. George's Bldg.
Sails. Mar. 23 Sails Apr.
7
Arr. Apr. 8
Sails Apr. 0 Tel. 28172/5.
BEN LINE
SHIP "BENLAWERS" "BENYANNOCH" "BENÁTTOW” "BENNEVIS".
"BENORUACHAN”
"BENWYVIS
"DENCLEUCH"
"DENATTOW". "BENCLEUCH",
"BENVANNOCH" "BENNEVIS" "BENWYVIB"
("BENLAWERS"
"DENCRUACHAN"?"
ARRIVALS
FROM
DUR.
U.K. via Bingapore, on or abt. 31st Mar
SAILINGS
London, Antwerp. Rotterdam, Hamburg
& Hull. Ganos, London,
Avonmouth, Rotterdam,
Hamburg & Huit,
Liverpool,
Glasgow,
Dublin, Havre and Antworp
•
9th May
2nd Apr.
17th Apr..
20th Apra
30th Apr.
11th May,
Loading en or,øbt."
21st Apr.
15th May
4th Apr.
25th Apr.
12th May
3rd Apri
3rd May
Via Malaya, Colombo, Aden, and Suez Canal.
+ Accepta Cargo for Part Sudan,
(Accepte Cargo for Rotterdam
Accepta Cargo- for LE HAVRE,
For Further Particulars, Apply To-
W. R. LOXLEY & CO. (CHINA); LTD. Agents
York Building.
Telephone: 34165. ···
THE EAST ASIATIC CO., LTD.
M.S. "KVERNAAS"
LOADING ABOUT 30th March'
for
ADEN, PORT SAID, GENOA, .
ANTWERP, ROTTERDAM, HAMBURG, OSLO,
GOTHENBURG
& COPENHAGEN
Tanks available for the earringe of oil in bulk.
i
THE EAST. ASIATIC CO., LTD.
Queen's Bldg., 2nd floor.
Tel. 34111 & 34112,
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence \\"Son Francisco, Vancouver, Seattle & Portland M.S. CASTLEVILLE” M.S. "BOUGAINVILLE“,
To comply with the General Bonded Warehouse Regula tions, consignees must have a Revenue Officer in attendance when examining damaged duti- able goods," All claims against M.S. the vessel-must be presented to the Undersigned within, four- MS:
feed days of the diilp's arrival,
or they will no. be recognised.
4:30th Mari 30th Apr
23rd-Mar
21st
LA ARRIVALS FROM PACIFIC COAST.
"No fire Insurancs will be of M.S. "BQ
GAINVILLE YVILLE"
to:Singaporé, Po
Renang 4. Batavia
Abt. 20th Mar
(CHINA) LTD.
WWILLIAM.