Pago 12
THE CHINA MAIL, THURSDAY, MARCH 30, 1850.
ARRIVALS SAILINGS
ROYAL INTEROCEAN FINES
SINGAPORE, JAVA
PORTS and
MACASSAR
"VAN HEUT&Z”*
"TJISADANE"
* Only to S'pore, Ponang & B. Dell
● MANILA, EAST &
SOUTH AFRICA &
#TJITJALENGKA"
4th Apr.
. 8th Apr.
21st Apr.
9th Apr,
13th Apr.
25th Apr.
SOUTH AMERICA
"BOIBBEVAIN"
10th Apr.
"STRAAT SOENDA"
13th Apr.
"OTRAAT MALAKKA"
4th May
"TEGELBERG"
13th May
1st Juno
JAPAN
9th Apr.
"STRAAT BOENDA"
2nd May
"TEGELDERO"
31st May
"BOIBSEVAIN",
17th Apr,
14th Apr.
18th May
"STRAAT MALAKKA”
Agents: HOLLAND—EAST ASIA LINE
• EUROPE via MANILA
and MALAYA
"HOOGKERK"
ARRIVALS SAILINGS
"MEERKERK"
"HYNKERK"-
10th April carly 'May
8th Apr. 2nd May early June
Through Ba/Lued
to
Mediterranean and Northern
European porte.
JAPAN
"HOOGKERK"
"MEERKERK"
"HYNKERK"
FINANCE
AND
COMMERCE
STABLE ECONOMY IN MANCHURIA REPORTED
Hong Kong Stock Exchange
A very quiet day.
H.K. GOVT. LOANS
4% Loan 99n.
314 Loan (1934 & 1940) osu, 31% Loan (1948) 9780.
BANKS
1.K. & S. Bank 1410s.
(Lon. Reg.) £82. Chartered Bank £9 11/10n, Mercantile Bk. A. & B, £22n. Bank of East Asią 104b.
INSURANCES Canton Ins 315n. Union lus. 3006.
Chiun Underwriters ön, 1.K. Fire Ins. Ex. Div. 215n.
SHIPPING.
Douglases 2000.
H.K. & M. Steambonts 11. Indo Chinos (Pref.) ·60žu.
" (Def.) 2000.
Shells (Bearer) 83/iin.
7th Apr.
1st May Early June
17th April
carly May
U. Waterboats 258.
BAKING'S BUILDINGS TELEPHONES; 28015÷FO -28017
"CHINESE,ABENTSÜRE CÖNNAUGHT HONÐ, AL ENTSCADA, 2993.
PRINCE LINE LTD.
(Trans-Pacific Servico)
my. SILVER WALNUT
LOADING 1st APRIL
for
LOS ANGELES, SAN FRANCISCO, PORTLAND, TACOMA, SEATTLE & VANCOUVER.
Duo Los Angeles 25th April
JARDINE, MATHESON & CO., LTD.
18 Pedder Street
Tel. 30311
U.S. ORIENT MERCHANT LINE.
AHIP
*.*. "VASSILIB"
`s. “ANNITSA".
ARRIVALS
FROM
EAST COAST/U.S.A.
-do
W. R. LOXLEY & CO.,
York Building.
AGENTS.
Abt.
DUK
9th Apr. 16th Apr.
(CHINA) LTD.
Tel. 34165
TAI HANG JEWELLERY
¡ Wholesalers of CUT-DIAMONDS
&
Sole Agents For
Liberty Diamond Cutting Works (Pty) Ltd.
Johannesburg, South Africa
7th Floor, Room 707.
3
Bank of East Avia. Didg.
BIGGER & BETTER THAN EVER!
1950
HONG KONG DIRECTORY
NOW ON SALE-
MOST UP-TO-DATE, AND MOST | "COMPLETE
OF ALL BUSINESS DIRECTORIES IN THE' COLONY!
HONG LIST CLASSIFIED GOVT. OFFICES HOSPITALS SCHOOLS
PRICE: $10 Per Copy,
CHURCHES
INSTITUTES
CONSULATES
SERVICES
CLUBS
AGENCIES
WHO'S WHO
RESIDENCES
"BALE "AT. "ALU İLKADIN moi
PERINA MAIL" OFFICE, WERENCE
Asia Nnv. 958.
San Francisco, March 28.
Peking Radio claimed tonight that stabla economy in Manchuria had enabled the North East People's Government to allocate 42 per cent of total expenditure in its 1950 budget to industrial reconstruction.
At the same time this some Government was sup- porting the war effort by sending its huge grain surplus to areas south of the Great Wall, the Radio added..
In
It wald that as a result of the expansion af publicly-operated industrial and other enterprises. the largest item of Government revenue this year would be pro- fit from
investments
these enterprises,
Furthermore, the proportion of taxation borne by urban and rural areas had been reasonably adjusted so that, for the Arst time, revenue from agrleultural taxation was 25 per cent lower than the yield of urban taxes.
Meanwhile, vast areas of Cen- China-stretching
trul
South
reaches
of
AGREED MERCHANT RATES
Maximun Bešling. Bierlings
1/2 18/16
1/2 13/16
from Canton In the South East Sterling (5 & to the upper
of the Yangtse, with a population 40,000,000 in six Provinces-are shifting Its main work to econo. mle reconstruction and initial preparations for land reform.
Stage of peace
The Radio added that a reso-
DOCKS, WHARVES, GODOWN8, lution of the Military and
ETC.
H.K., & K. Wharves Ex. Div. 958. North Point Wharves 5.600. Shanghai Hongkew Wharves 10n. IK, Decka 18.
China Providents 12.20s. Shanghal Dockyards 40, Wheelocks 2748, 278/28su.
MINING
Raub Mirfen S
1.K. Mines in.
LANDB, HOTELS A, BLOGS.
H. & S. Hotels 0.00s.
H.K. Lands 435.
Shanghol Lands 1in. Humphreys 9.80s, H.K. Realties 2n.
Chinese Estates Ex. Div. 124n.
PUBLIC UTILITIES
ILK. Tramways Ex. Dlv. 13.00s. Peak Trams (Old) 181.
1
(New) n.
Star Ferries 8315.
C. Lights (Old) 11.10, 11.30s.
(New) 8,305,
H.K. Electrics 27s. Maceo Electrics 200. Sandakan Lights 8in. Telephones 16.
Shanghal Gas 11n,
INDUSTRIALS
Cold. Macg. (Ord.) 263b, Canton lees 3in.
Cements Ex. Rights 11b, 1125. H.K. Ropes 14n.
STORES &c.
Dairy Farms 309s. Watsons Ex. Eights 29s. L. Crawfords 213b. Sinceres 3.800.
China Emporium 91b, 91sa. Sun Co., Ltd. 2ib.
Kwong Sang Heng 956. Wing On (HK) 62b. Wm. Powell, Ltd. 93n.
MISCELLANEOUS
China Entertainments Ex, Div. 15s. H.K. Constructions (0) 2.40n.
" (N) 130n.
Vibro Filings 11in.
Mursinan, Investiments 9/-n. Maraman, (H.K.) 73n. Shanghai Loan 1.90n. Yangtzes 48.
COTTONS
Ewok 2.85b, 2.90sa.
RUBBER, ste..COMPANIES, Alma Estates 15&n. Anglo-Dutch 30n. Anglo-Javas in.
Batu Anams 15n. Bute Plantations 45. Chemor United .50b. Cheng Rubbers 15b. Consolidated Rubbers Zb.. Dominion Rubbers 130n. Kota Bahroe 50b. Krotoweek Javas .15b. Langkats in.
Repah Rubbers .20n. Rubber Trusts 22n.
Samagaga Rubbers 85b.
Semambu Rubbers .20n. Shanghai Kedohs 41b, 49%. Shanghai-Malays: 10.n. Shanghal
hal Pahang .65b. Shanghal Sumatras .800. Sua Manggis 10b Sungel Durls 17.-b. Tanah Meraha 55b, .65. Tebong Kubbers 18b. Ziangbe Rubbers .500.
Money Market
US dollara opened
at HK$0.27% and dropped
$8.2014 at the close.
yesterday to i
I was put through from
HIC$4.82 to $0.98.00
Sterling dropped Ave cents to HK$15.40.
Australian pounds were higher at HK12.95.
Plastres were unchanged HK$11.80 100 nominal,
at
Ad-
ministrative Committees for the Rupees (India) : . area described the territory con-
02 1/4 cerned as "having entered the stage
with of peace,
various
spheres of work reaching
Unilication,
although certain military tasks remain," Main emphasis of restoration this year would be on
Industrial
Fight Industry-textiles, all,
Rupees (Aden) :
82.1/4
New York Stock Exchange
New York, March 29.
Radio-television stock far! outdistanced a slowly rising market today. Closing prices were best for the day in most
cases.
Advances in the TV group ranged to more than two points. Trading was heavy, especially in Radio Corporation and Zenith Radlo. The balance of the mar ket moved ponderously and show- ed a slight tendency to rise. But gains were mostly below a point. Turnover was around 1,000,000 shares for the full session,
Dow Jones averages; Stocks
Kinimua Buring 20 Industrials
81 1/2 O.D.
*3 3/4 60 days.
83 7/1 90 days,
83 7/8 O.D. if under
IV/Cradli.
84 0.0. without 1/Credit.
84 1/2 30 4 10 duzu.
four, paper, sugar, tobacco, pol=| Rxpess (Rangoon): tery, lather and fur.
*3 7/10 T.T.
83 11/10 0.0,
General Electric
Goodrich
Goodyear
Motora
AMERICAN. PRESIDENT: LINES
The Global Fleet
TO HONOLULU & SAN FRANCISCO
"President Cleveland" "General Gordon" "President Wilson"
via JAPAN
......................AT. Apr, 13. ...................... Arr, Apr, 28, . .............Azr. May 2..
Salls Apr. 14,
Sails Apr. 20 Salls May 3
TO SAN FRANCISCO & LOS ANGELES
via JAPAN President McKlulcy"...Art. Apr. 13. ...Arr. Apr. 4
"President Harrison"
Salls Apr. $ Salls Apr. 13
TO NEW YORK, BALTIMORE & BOSTON .^via PACIFIC COAST & PANAMA
"President Johnson” "President Fillenoro"
Art. Apr. 15 ....Arr. May 13
Salls Apr. 18
Salls May 14
ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, „PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTOŃ
"President Montoo"
Arr. Apr. 5 Sails Apr. "President Buchanan"...... Arr. Apr. 16, Salls Apr. 18
RBY BL
7
BEN LINE
FROM THE ARRIVALS
FROM .U.K. vla Singapore,"
DUE
Stat Mari. tet Apr.
on of abt, 17th Apr.
20th Apr.
75.15. 209.50.
15 Rolls
55.24.
1/20/32 TT.
1/2 16/18 O.D. 1/2 11/31 80 days.
10 Uulitics
43.25.
TO JAVA & STRAITS
Closing quotations:
12 Gỡ A DO days.
Adams Express
"President. Fillmore"
.....Arr. Apr. 8
Sails Apr. D
2214
1/8 1/2 120 days. 8 Affirm):
Alaska Juneau American Can
2%
St. George's Bldg.
Tel. 28172/5.
118
1/8 8/16 O.D. I under
L/Credit 1/1/16 0.8. without
L/Credit 1/22nd up every
P
Smelting Telephone Tobacco Waterworks
51
155
70%
11
Anaconda Copper
28-
Starling (W Africi & W Indies);
1/2 13/16
1/2 9/16 0.0), under
1/Credit. 1/3 1/4 D.D, without
L/Coalit 1/12nd up every
Aviation Corp.
7%
Baldwin Locomolive
9%
Barnsdall...
Bendix Aviation
424
Bethlehem Steel
3474
30 days.
Boeing Aircraft
274
Borden Co.....
5014
Canadian Pacific
144
R3 1/4 T.T.
J. 1. Cast
43%
R3 6/7 & 30 day.
Chrysler
68
Colgate
44%
Commercial Solvent
Corn Products
70
Du Pont
68%
Eastman Kodak
46%
40%
77-11
SHIP "DENLAWERO"
"BENVANNOCH"
84%
5134
"SENATTOW”
"BENNEVIB"
26%2
"BENCRUACHAN”
Tel & tel
1214
"BENWYVIB
"BENCLEUCH"
"BENVORLICH"
"BENARTY"
57 7/4 304 Gỗ days.
"BENMACDHUI"
and
Metayat
"DENALDER"
82 5/8
63 179 TT, & QE. 53 14 20 days,
1274
Packard Motors
SAILINGS
Pan American Airways
011
17/7/16 TI, & 0.0.
Pennsylvania RR-.
174
17
"BENATTOW"
201
"GENCLEUCH"
30
"BENMACDHUI"
зам
"BENVANNOCH"
44%
"BENNEVIB"
38%
"BENWYVIB"
53
"BENARTY”
23%
"BENLAWERS"
Oil of Calls.
60%
Oll of N. J.
EDX
"BENCRUACHAN”
BENVORLICH"
29%
"BENALDER”
29
Carbide
44%
42
42
#
Sicel Lines
324
18%
28%
34%
811
17%
82 1/4
In heavy industry attention would be concentrated on production of iron and steel and non-ferrous metals,
the
27
BE 10 10 4 1 30 193
81 18/16 30 days.
84 3/16 90 days,
57 11/10 T.T.
87 3/4 0.0.
Agriculturally, there would be apres (Pakistan): an increase in products such as colton, ten, peanuts, tung oll. hemp, tobacco, sugar-cane silk.
The broadcast further said that to ensure economic rehobill- tation, communications, transport U.S. Dollars: and commerce would be restored without delay.--Reuter.
Malta, March: 28. Princess Elizabeth arrived here.
5 to 60 days,
17 1/2 30 days.
· 27 9/16 60 à 93 daru.
19 3/16 TT. & O.D.
1/6 3/4 T.T.
17 1/4
Canadai
18 76/16 Australia:
1/6 7/16.
1/8 18/18 O.D.
Duke off
New Zealands
1/2 13/16
1/8 1/10 TT,
1/1 1/8 G.D.
by air today from London to visit her husband, the
| Edinburgh, who is serving in the
Mediterranean Fleet.-Reuter,
Homestake Mining
International Harvester
John Munville
Kennecott Copper Montgomery Ward National Distillers
New
Lead
"York Central
Radio Corp.... Remington Rand Republic Steel
Reynolds Tabacco Schenley
Seara Roebuck
Shell Oll
Socony Vacuum
Southern Pacific
Standard Brands
Budget debate in legislative council Studebaker
(Continued from Page 11)
Ble Alexander referred to an editorial lu one of the papers which represented the unofficial members the opposition, which he sald is incorrect, It is not surrvel, for instance, to say that the offfelal toetsbera, because of their 773- -jority,—would, steam-roller- thaugh ——any
propen brought
Government up by That in Inet does not happen, and the fullest consideration k always given to the view of the shametals, so was pro ven by the apesch of the 'Financial Se cretary on the budget,
Partners
"Rather I would liken the tnomical
the
members na being partners with afficlal membera în'the' Government,” súd Bir Alexander,
"Perhaps the analogy might be. that the unoffelul members are the spur, or the check rein, where s spur or check rein is required: and I leave it to your imagination as to who the animal is. 1 would not, however, be a Taco hotee," (Laughter).
clude the application of the Ordinance from any particular tenancy. For in elance a proposal is made that no agrem ment le to be effective unless a verified
US" Rubber
copy. Ja filed with the Quarterina Westinghouse
Authority.
was lifeless. U.S. governments held steady in over the counter dealings.
Youngstown Sheet & Tube *"Pensible nuggetions for the improvÕ- Gen. Pub. Utilities ment-of-the-Landlord and Tenants The corporate bond market Ordinance are always welcome.* It la legislation of general interest and Impor Lance, it is also leglilation which la R frequent cause of complaint, but such complalata we seldom, if ever, accom- Danied by feasible suggestions for Im- provement."
The Attorney General text' demit with complaint voled by Mr. G. & Terry over delay in giving legislative effect to the Abercrombla Report. Xr. Terry sald present haphazard development was in dering adequate and proper town plan. Ding
Mr. Grifin drew attention to the pro- lovinary planning report which stressed the seed of preparing and working out » definitive plan. As to this recommenda- - ilon steps have been taken by Govern«. The Governor then referred to his nment, and reference was made by the dress to Council three weeks ago, when Governue la ble addres: to "Council on he gave me the reason for Government's | March 2. conservativo budgeting, the
momechat
| uncertain future of trading prospects in
the next 12 months,
figures
the
Preparation of this definitive report in
the burla on which fukuzu Jezislation will, and should, be, deaftal. Unill this repart la completed, all Government departments will apply the recsesmendations in so far Can this can be done, under the existing Jaw, and na regarde land which has not been alienated.
“It also said that certain warning sine or signal were evident In falling off of certain heads of revenue. Since then we have had aunther warne Ing sien In' the publication of the trade for February. These Agures show a drop of. 20 per echt over fitures of the previous month. Ads | mammination of the position has already | milineily the China New Year occurred | been conducted to discover bow far the in February, but the falling off was spoutvelives Indiosed by Mr. Terry can be „preciable, and we'must take account of ¦ attained either with the aid of eslating
thewa #igns that are given to us.
Legislation or by the preparation enactment of legislation specially design "1 hope, I sin care all menthoma will hope, that the Financial Secretary | od for the purpose.
Dificulties arise bere land has already the been alienated; and as to this aspect an
will prove wrong in his miranti for the fourth time in quocemion, and ibat
we shall end up with a substantial Bues
plus, Dub we cannot rockua" on that."
Bie Alexander then deaật with Ube question of the denial claims rulsed by Bl Man-kam Lo
DR. NEWTON
Mental Hospital'
and
Dr. I., Newton, the Director of Medical
"giz Man-kam saked for an pazurance | Bervices, replying to Dr.' 9. N. Chau's that no final seltlement will be reached. | criticism of the 'condition of the Menta) Eat the London Conference- without prior|| Höspital, muid by the nature of ita els
reference to this Council. "I gladly give | cumalansen the hospital that assurance."
THE ATTORNEY GENERAL
Tonant ordinance
Higher in the curb were Ray- theon Manufacturing, Standard Power and Light, Brown Rubber, Cities Service, Creole Petroleum, Electric Bond and Share and Kaiser Fruzer.
Marked down were United Light, Venezuelan Petroleum and American Potash and Chemical. -Associated Press.
Cautious
note on steel issue
Cleveland, March 28.
In the midst of a highly productive period for the steel industry, the trade magazine "Steel" has introduced cautious note on the future,
Trado Authorlties, it said, ex-
the summer, but: pect no Iet-down until well into
strong eurrent market
for position, uncertainty business after mid-year persists.
Despite the
Industrial purchasers, while pressing for deliveries of cur- rently tight supply products, ara placing new orders cautiously.
*Labour developments. In the nuta industry are being watched steel needs have closely, cutbacks in must
any being anticipated in event Gen- visitor, especially whare the visitor dons cral Motors plants are struck." not have experience of mental cause, the · Steel mills have completely majority of whom belonged to the recovered from the coal strike.-| fractory wards.
Associated Press.
somewhat
prison-like effect
DE
wasn
NOTICE TO CONSIGNEES
S.S. *PATROCLUB” U
"
ex this
Referring to Dr. Chau's proposal that a: 'commissions of 'inquiry, should appointed on administration of the hose The ·Attorney Generál, Mr. J. D. pital, following the recent death of an Griffin, referred to sinuzzosilon pot fami{ trinate, Dr. Newton uid a full coroner's ward by Mr. M, M Watson It For Inquiry was bald,vnaniated by a fury. All for En amendment to the Landlord and | avaliable facts were laid before the court, Tenant Ordinance to make it perminals, and xi,no Einsa" during the Inquiry did Damaged cargo ble-for landlord and a tenant to enter the coroner or any member of the intz, Vessel will be surveyed at into a grant reading pressthat the "dialeration of the Holt's Wharf between 10 am. „which" are, within the-protection of. The bospital was at faulk AN Ordinance on the beals like such ** 175. Dr. Newton then explained that hoaps and noon on March 30 and 31, fal attendanta, wwww wwnerned and he 1950, and consignees are: res mlope had, broome de-controlled; Cocable, mazkention v kad bus Inerranty spoke of thate difdeulty is couirolling quented to have their repro- SHIP MOVEMENTS Mill to an amendment to patleista, specially boiledel maison,sentatives present during the the, principal, Ordinasien, but † den, to and of Inevitable injuries, amelrek, tags.
BUNDY By Cotuplaleta, kunde, by, Mr. Leo: d'Almada i chys
Ticals at HK$37.50 a 100 were unchanged.
NEI niffered further drop. Opening at HK38.
- 100, the closing rate wAB. $71"
Tho a Trade Wind Voy. 34 12'] dun to arrive here at 8 n.m. today.
She will be moored to Buoy A
Gevaramont, side" siw manizmuste pens on the panitary conditions of the war BUTTERFIELD & SWIRE, SERIES ON SHARE
Agenta.
for discharging/loading of hory last of the very mong mult Mậ
The
is expected to fall modsitions" shall
for Okinawa, tomorrow afternoon, i jere. Se an ACTONBERİ
asasured: by Dr., Herion" yha'aduflafond
and inermann frvad ju thom pin Hong Kon wan bah ́s problem, that could be solved
(1030)
London, Antwerp, Rotterdam, Hamburg
■ Hull.
Qancs,
Avonmouth, Rotterdam,
London, Hamburg & Hull.
Liverpool, Glasgow, Dublin, Havre, Ant-
werp Rotterdam.
"
20th Apr.
9th May
11th May
27th May
sth. June
11th June
25th June
Loading on or abt.
21st Apr.
16th May
15th June
3rd Apr.
26th Apr.
12th May
10th June
3rd Apr.
3rd May
•
30th May
29th Juno
Via Malaya, Colombo, Port Budan, Aden, and Buez Canal,
#Accepts Cargo for LE HAVRE,
† Accepts Cergo for, Japan,
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 311⁄2 MARCH
for
ADEN, PORT SAID, TRIESTE, GENOA,
ANTWERP, ROTTERDAM, HAMBURG, OSLO,
GOTHENBURG & COPENHAGEN
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 Angelos, in 16 days Thonce San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE" Loading/Sailing 31st Mar. Home 30th Apr. M.5. “BOUGAINVILLE”.......
ARRIVALS FROM PACIFIC COAST
M.S. “SUNNYVILLE”
M.S. "FRANCISVILLE"
21st Apr.
22nd May
Salling to Singapore, Port Swettenham,
*** Penang & Batavia
M.S. "SUNNYVILLE”
Pasimngor Accommodation TO LOS ANGELES ONLY Chinese Fraight" Agents - HOO FOOK PING
22nd
Bulk Oll Tanks
Apply
THE BANK LINE
(CHINA) LTD.
King's Building, Tel:27782 THE HANK LINE:: (China) Lt