THE CHINA MAIL, MONDAY, APRIL 3, 1950.
BUTTERFIELD & SWIRE
CHINA NAVIGATION CO., LTD.
"SOOCHOW" "HANYANG "FOOCHOW"
"SHENGKING" "KWEIYANG"
“SZECHUEN" "FOYANG"
"PAKKOI"
"YUNNAN"
"ANHUI"
SAILINGS TO S'pore & Brunch Inchon &
Tientsin
Kobt. Nagoya & Yokohuma (not Loading) Keelurs •·.· S'pore & Bangkok
(not loading) Bangkok Tientsin Yokohama, Nagoya,
Osaka & Kabe .Singapore
Singapore, Penang &
Belawan
5 p.m. 2nd Apr. 10a.m. 3rd Apr.
8 p. 4th Apr.
6 p.m. 4th Apr."
3 p.m. 8th Apr.
5 p.m. 8th Apr. 5 p.m. 12th Apr."
5 p.m. 15th Apr,
3 p.m. 15th Apr,
3 p.m. 18th Apr.
* Salls from ARRIVALS FROM
Custodion Wharf.
"YUNNAN"
Khung
3 p.m.
"SZECHUEN"
Kobe
"TSINAN"
"POYANG"
“SHENGKING”
"PAKNOI"
"WUSUEI"
Korea & Moji
Tientsin & Tsingtao Keelung
..Bangkuk
RIVER SERVICE Hongkong/Mucho Dept. Hongkong
2 p.m. daily except Wed.
& Sun.
2nd Apr. 6th Apr. 7th Apr. 7th/8th Apr. 8th Apr. 9th Apr.
Macao/Hongkong Arr. Hongkong
7 a.m. Tues., Wed., Fri., & Sat.
BLUE FUNNEL LINE
5 p.m. Sunday
Scheduled Sallings to Europe vin Adon & Port Said.
"PATROCLUS”
Havre & Liverpool
4th Apr.
"ANTILOCHUS"
Genua, Marseilles,
Liverpool, &
Glasgow
"AUTOLYCUS”
*North Africa, Havre
& Liverpool
25th Apr.
6th May
*If sufficient inducement
“TELEMACHUS"
4th Apr.
"AUTOLYCt's"
U.K. via Straits
11th Apr.
"MENTOR"
U.K. via Straits
14th Apr.
CLYTONEUS"
26th Apr.
"TYNDAREUS”
28th Apr.
ARRIVALS FROM
U.K. via Straits
UK. via Straits
UK. via Strails
Carriers option to. pruceed via other ports to lond & discharge cargo.
AUSTRALIAN ORIENTAL LINE LTD./CHINA
NAVIGATION CO., LTD. JOINT SERVICE
"CHANGSHA"
"TAIPING "CHANGTE"
SAILINGS TO ....Sydney & Melbourne
Sydney & Melbourne
FINANCE
AND COMMERCE
ANGLO-U.S. TEXTILE U.S. SALES
MISSION TO JAPAN
New York Stock Exchange
DRIVE IN EUROPE
Palm Beach, April 1.
Washington, April, 1. With U.S. Government Decision to send an Anglo-American graup to Japan
to study the textile situation in that country backing, Amerlean experts was reached today at a conference. of. Ameri- are soon to invade Britain can and British cotton textila manufacturers. and Europe in a drive to in- of. American The announcement of this development was made crease sales
tobacco, cotton, fruit and by Mr. Ellison S. McKissick, retiring President dairy products. of the American Cotton Manufacturers In- stitute (ACMI), which closed its annual con- vention.
Mr. McKissick appointed Mr. R. T. Stevens, Chairman of the Board of the R. T. Stevens Company, New York, to act as the American Chairman of section of the commitice, while it was understood that Sir Ray- mond Streat, Chairman of the British Cotton Board, would be Chairman of the British section Representatives from the ACM who will make the trip in May are Mr. Marion W. Helss of the Cone Mils, Greensboro, North Carolina, and Mr. Shannon W. Lyman, Fillsburg Yarn Company, Fittsburg Massachussetts,
There will also be representa - tives on the American group 3- ing to Japan from several other textile trade groups.
Cotton goods
below standard?
zald
They will study the goods of will try to dispose of part of at léast of America's huge surplus of farm products.
British and other competitors and
Spearheading the invasion will be J. Barnard Gibbs, tobacco marketing specialist. Ho is due to reach Europe early in May and will make his headquarters in Paris.
New York, April 1. Low-priced stocks, particularly the cheaper rails, dominated the market at higher prices today. Gains ranged to around u point
Manchester, April 1, Elsewhere for favoured issues.
Manchester textile firms are the tendency was upward but seant interest in
to ask their agents in Malaya traders took
of many
Next will be Francis Whittaker, the market's sun
for full details of complaints by leaders.
Business started off
the Singapore Chamber of cotton marketing specialist, due slowly bul about half way
Commerce at the printing and in Europe in June. He will also through the two-hour session
finishing of Lancashire cotton have his headquarters in Paris gathered speed
but will spend some time in Eng- made as rails
fibre goods is below standard.
seeking new outlets for more frequent appearances
official DI the Calico land
cotton and American
helping Toward the tlcker inpe.
the
Printers Association, which pre-
exporters in close, there was another slow-
urgent cables for Ita American cotton down. Volume hit a rate of
pared Malayan representatives today, Europe. about 600,000 shares for the day.
that they are anxiously A dairy specialist will also be During the early trading, radio-
awaiting more details of the cum-sent in the interests of American television stocks made fresh pro-
He said that the Asso- gress, They retained all or most
plaints. clation could not understand the producers of dried milks, dried of their gains later but the main
This specialist has not been ap- interest centred
charge because there had been and other dairy products. on the carrier
no complaints from other quar-pointed yet. group.
The Association belleven tha Among the gainers were North.
tern.
A fourth expert is Glenn Ald- ern Pacifle, Missouri, Kansas a
The American delegation will the source of the trouble might dell, a co-operative marketing among mushroof firms who authority, who will leave soon for Texas preferred, Canadian Puci-|
He wil tour Western fle, Supp Corporation, Pepsi Cola, represent not only the ACMI had gone into the Makyan marke: Italy.
was considered at Europe and Britain. Steel,
Tele made up of both Southern and because it U.S.
Amerien. phone, Curtiss Wright and Amert New England mills, but also the tractive. In sald.
Association of Cotton Textile
these sules envoys will can Airlines.
Up in the curb were Canadian Merchants of New York, the Tex- the China and Far Eastern section have official standing, making it to approach Marconi, Cities Service, Crepe tile Export Association, and the of the Manchester Chamber of possible for them
Interactional Petro-National Association of Cotton Commerce, said that everythin European governments in a way Petrolcum,
New Engla.vi possible will be don to satisfy impossible for private American Manufacturers, Jum.
Kirby Petroleum, Niugarn
Malayan buyers because the businessmen, the U. S. Depart- Hudson Fower, Technicolor and Trade Bourd
Shrinking
exports and the Venezuelan Petroleum.
Lancashire. threat of a flood of Imports from market is extremely important to ment of Agriculture said.
Several experts are already He thought that there had low wnge foreign countries, prin- elpally Japan, have been upper-been a falling off in printing engaged in timilar work, includ most in discussions at the ACMI | rtandards it might be due to the ing P. K. Norris, leading U. 5. convention which ended today. large number of apprentlers re-cotton authority, who is making a cruited into the trade by sonic cotion survey in Africa. He is firms at the end of the war. Reuter.
Dow
Junes averages: Stocks 74.43; 20 Industrials 200.37; 15 Halls 55.43; 10 Utilities 42.09.
Closing quotatio
Adams Express Alaska Juneau 2%
American Can 115%
Smelting 50% Telephone 154%
Tobacco 704
LE Waterworks 111⁄2
28%
8th Apr. 11th Apr.
"
...Japan
4th week Apr.
"CHANGSHA" ""TAIPING "CHANGTE"
ARRIVALS FROM .Japan Kure
5th Apr. 8th Apr. Australia & Manila 3rd week Apr.
All the above subject to alteration without notice. For Passage and Freight particulars please apply to
1. CONNAUGHT ROAD, CENTRAL Tel. 30331/8 Private Exchange.
50. Connaught Rd.West. 25875, 32144. 24878. Chater Ad.. Cable and Wireless Bldg. 27160.
BRANCH OFFICES:
BARBER-WILHELMSEN LINE
INAUGURATING NEW FORTNIGHTLY
EXPRESS SERVICE
`M.V. “FERNSTREAM'' LOADING 3rd APRIL
M.V. “TALLEYRAND "
LOADING 17th APRIL
FOR
PACIFIC AND ATLANTIC COASTS
Via Japan.
Transhipment cargo accepted for
South American and West. Indies Ports,
Agenta
& CO., LTD.
DODWELL &
Telephones: 28021/6
HOLLAND-BAST ASIA LINE
M.S. "HOOGKERK"
LOADING 7th AND 8th APRIL
„MANILA, SINGAPORE, ADEN, SUEZ, PORT SAID, ALEXANDRÍA, GENOA., MARSEILLES, ANTWERP, ROTTERDAM, „AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG and OSLO.
ROYAL INTEROCEAN LINES
Anaconda C
Aviation
Baldwin Lorotantive 10% Barasdall 50%
Bendix Aviation 40%
Bethlehem Steel 33
Bocing
Aircraft 27%
Borden Co. 50%
Canadian Pacific (4%
J. Собе 414
Chrysler 64%
Colgate 434
Commercial Solvent 18% Corn Products 00 Du Port S774 Eastman Kodak 45%
General Electric 4615
Motors 17 Goodrich 83% Goodyear 51 Homestake Mining 44 International Harvester 20%
Paper 37%
H
H
Tel & Tel 13 Johns Manville 48 Kennecolt Copper 497% Montgomery Ward 54% National Lead
Distillers 231
30% New York Central 14%2 Packard Motor 3% Pan American Airways 91% Pennsylvanin RR 17%
Radio Corp. 18% Remington Rand 12 Republic Steel 26%
Tobacca 38% Reynolds Toba Schenley
ley 30% Sears Roebuck 44%
Socony Vacuum 17 Southern Pacide 624 Standard Brands 234
Oil of Calif. 65 Oil of N. J. 684
Studebaker 29 Union. Dag 20%
Carbide 43%
US Rubber 40%
"Steel 31
21 Lincs 184
Westinghouse 33%
Youngstown Sheet & Tubo 80 Gen. Pub. Utilkles 17
bond market plodded a The narrow course. Tip now South- ern Pacific bonds took, the centr stago with a run-up of 1 14 point to 102.. U.S. Governments were Inactive and there was change in the price of foreig dollar loans.-Associated Press.
littl
TALKS ON QUOTAS POSTPONED
The mission will have no om- cial status, but the situation will He reviewed with leaders in the Japanese Industry.
Lost market
A committee report on for elgn trade presented on Friday pointed out that American mille have already apparently lost an export market of.almost one billion yards, and quantities of foreign goods are now entering
market in the domestic
thic country.
Mr. Erie Stewart. "Chairman of
JESSUP TO BE "ATOMIC ENVOY”
New York, April-1.
York Journal The New American" reported today from Washington that Dr. Philip Jes- States sup, retiring as United Roving Ambassador, will become "Atomie Ambassador" and will revive negotiations to parent pult will be chaos in American atomic secrets
Britain and Canada.
The committee sald that if the Administration continues its ap- of tariff elimina-
tion, the
the American industry. The In- dustry employs more than 500,- 000 men and women, mostly in the South and New England.
Tariff protection, the committer sáld, is
is half what it was 15 years ago, and another-round-of-tariff cuts is in prospect for this au- tumn.
All
studying possible competition that the British cotton producilon pro- gramine in Africa may effect ÜS. international cotton uctivities, -Associated Press.
NO MORE OIL. CONCESSIONS
New York, April 1. share Persia will extend no moro with concessions to foreign countries or concerns for the exploitation of The action was, tüken, accord- oll or other raw materials, Shali Ing to the newspaper at the re- Mohammed Azra of Persia said quest of Mr. Dean Acheson, the in an interview 'published in the Pecretary of State, and with the "New York Times" today. approval of President, Truman. Reuter.
CHICAGO GRAINS It added that, unless Congres
Chicago, April 1 can be persuaded to provide the
Grain prices Inched upward protection the American textile industry deserves, then it (Con- today. Gains were small in all gress) is ready to admit that the plis with oats giving the best-dis- textile employees must face dras- play of underlying firmness from
tically
reduced wages,
In a despatch from Teheran, the-Times-Correspondent, Mr. C. L. Sulzberger, quoted the Shah as saying that Persia, however, would welcome foreign invest ment in develoment companies controlled by Persia.
The Shah added that the huge
Anglo-Iranian Oil concession at
which they the start. Wheat:closed an eighth Abudun, controlled by Britain, is;
as manufacturers surely do not want.
The retiring President of the ACMI, Mr. Ellison S. McKissick in his annual report termed the situation alarming. He pointed to the textile industries of the war-damaged foreign countries ar virtually subsidised by the American taxpayer--Associater Press
NOTICE TO CONSIGNEES
'Consignees Per
3.5. "BENLAWERS
are hereby notified that their cargo is being discharged into
to a quarter higher.
May 2.24 1/4-3/8. Corn was 1/8 to 1/4 lower. May $1.35 1/2-5/0
Oats were 1/4 to 3/8 higher. May 75.
Rye was 1/4 to 1-1/4 higher. May $1.34 37.
Soybeans were 5/8 lower to 1/2 higher. May $2.63 to $2.04 -As- sociated Press.
:
NOTICE TO CONSIGNEES CONSIGNEES PER AUSTRALIA-WEST: PACIFIC
LINE.
17.3. "AROS".
not affected by this decision and still has between 43 and 45 years
to run..
MAERSK LINE.. NOTICE TO CONSIGNEES
The M/V "GERTRUDE MAERSK" having arrived from, New York and Ports of call, Consignees of Cargo - that are Hereby notified, their goods are being landed Tlak and placed at theft and expensea, into the Hong Kong & Kowloon Wharf & Go down. Company's godowns' ut
the Hong Kong & Kowloon are bereby notified that their Kowloon, where delivery "may Wharf & Godown Co.'s go- cargo-is being discharged into be obtained as soon as the goods down, where it will be at Con- the Hong Kong & Kowloon are landed. signees' risk and subject to the Wharf & Godown Co's godown Wharf's terms and conditions where It will be at consignees
Optional cargo will not be
of storage, and where delivery clak and subject to the Wharf's I landed here, unless notice has may be obtained.
terms and conditions of storage, bean given 48 hours prior to and where delivery may be vessel's arrival, but carried on from port to port to the final obtained.
port of call to which the option extends.
Damaged packages are to be left in the Godowns for exam- ination by Consignees and the Company's Surveyors, Messrs Carmichael & Clarke, at 10 am, on April 6, 1950,
To comply with the General Bonded Warehouse, Regulations Consignees raust have a Re venue. Officer in attendance when damaged dutiable goods aro examined. ....
Damaged packages are to be left in the goddwhs for ex-
No claims will be admitted amination by Consignees and the Compat surveyors, after the Goods have left the Messrs. Carmichael & Clarke Godowns, and all goods remain- at 10 am. on April 6, 1050, 1050, will be subject to ing undelivered after April To comply with the General rent.
Warehouse Regula- Bonded
All broken, chafed, and tiors, consignées! must have a
damaged Goods are to be left Revenue Officer,in attendance
In the Godawns, where they Cleneva, April 1.
when damaged dutiable goods will be examined on April No claims will be admitted, are examined. N The contracting parties to the
|6, 1950, at 10, a.m. by our: general agreement on tariffs an
after the goods have left the No claims will be admitted Surveyors, Messrs. Goddard & trude (GATT) today agreed steamer's godowns, and all postpone the (debate on Britain' goods; remaining undelivered after the goods have left the Douglas. Import restrictions. Similar actio
after April 6, 1980, will boy steamer's godowna, and all was taken regarding the restric
Be goods remaining undelivered by Australic subject to rent. tlons imposed
after April 7, 1950, will be Ceylon,
Chile,
He, India, New Zoo All claims against the steam- subject to renat
and land.
Pakistani
er must be presented to the Rhodeala.
All claima against the Before All will be discussed at
at the undersigned: 1 of 2 or IT man April 20, 1980, or they will steamer must be presented to next meeting the GATT bers during the Torquay tarifi not be recognised, the Undersigned on or before April 14, 1960, dr they will negotiations next September:
of
Souther
GATT members are empowere
To comply with the General Bonded Warehouse Regulations consignees must have a Re
attendance vdnuo: Officer in when damaged dutiable goods are examined. her de
All claims must reach us before May 1950, or, thủy
No Fire Insurance will be not be recognised will not be recognised (9
to demand consultations with affected other contractiu i partida 7:9ub
No Fire Insurance will be
DODWELL BOJILTD.
No Insurance will be effected.
J
P&O B.I. E&A
COMPANIES
PENINSULAR G ORIENTAL SN. CO.
PASSENGER/PREIGHT SERVICE
OUTWARDS
"CARTHAGE"
* "CORFU
-84. "CANTON"
· LEAVES LONDON
Balled
6th April
4th May
DUR HONGKONG
. 10th April
8th May
5th June.
Vis Southampton, Port Haid. Aden. Bomber, Colombo, Penang 6
HOMEWARDS
6. "CARTHAGE"- "CORPIJ**.
4.4. "CANTON" 14""CARTHAŬE* * "CORFU**
"CANTON"
-LEAVES HONUKONG
14th April
--- 19th May ..
ath June
7th July
4th August
1st Beptember
DUE LONDON
18th May
10th June
10th July
3th August
6th Beptember
2nd October
Accepting Cargo for Bingapori, Penang: Colambo, Bomber, Aden, Porte Bald ▲ Londàu,
OUTWARDS"
SA "BUILLONO”.
.. "BOUDAN"
* "BRILLONGTM
HOMEWARDS ", "BOCOTRA" "SHILLUNG"
FREIGHT BERVICE DUE HONGKONG 16th April
3rd May
LEAVES DONG KONG
LOADS HONGKONG
22nd April
Eich April
11th May
FROM London & Continent.
Kobe Yokėtama-
FOR
FOR
London & Continent.
Accepting Cargo for Blogapore, Port Awettenham, Penang Colder bo, Adea, Port Bald, Genoa, Marselil, Londos, Hamburg, Ank werp & Hotterdam. With liberty to ou!! at Bombay if inducement
ofer.
TANKS AVAILABLE FOR CARRIAGE OF OIL IN SULL SPACE FOR REFRIGERATED CAHOO. LIMITED FABSEN- GER ACCOMMODATION,
BRITISH INDIA S.N. CO., LTD..-
*. "HANGOLA"
".. "BIRDHANA"
dus 11th Apr. all 12th Apr.
due 80th Apr.
2nd May
from Japan, for traits, Rangoon Calcutta.
frum Calcutta Birmin
for Japan.
* The ships have Refrigerated Cargo apace,
P. & O./B.I. JOINT SERVICE
4. "EYRO8**
MUZARDA”
due Linh ADF. all 24h Apr.
due
from Japan,
ป
fur Kirmite, Columbo, Bombay.
Karachi
Persian Gulf,
151
! י
19th Apr. from Persian Gulf, Bonsettia
bay Bleuita. walls ist Apr. for Jupat,
• Arcepts cargo on through Dills of Lading for Persian Gull Porte 197
EASTERN & AUSTRALIAN S.S. CO., LTD.
**, "NELLORE”'s
loadin 9th Apr.
Rabaul for Manila,
Brisbane, Erdner, Mel bourne, Adelaide, Wal Hngton, Auckland, -Lyt Lelton Drinedin. Calle Part Moresby if suiclent induerment,
•Accepts cargo for New Zealand à Pació o Island ports on through title of lading.
All resuals have liberty to call' at any ports on or off the route, and the routes and sailings are subject to change or amendment with or without notion
For full porliculors apply for- MACKINNON, MACKENZIE & CO:
Telephone Nos-27721-4.
ISTHMIAN LINE
(Isthmian Steamship Company, New York)
DIRECT MONTHLY SAILINGS TO NEW YORK
VIA LOS ANGELES AND PANAMA "STEEL ADVOCATE”
0th May
Tanks, available for, Bulk Oil. ́SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)
"STEEL VENDOR" .“STEEL VOYAGER"
,10th Apr. ..30th Apr.
ARRIVALS FROM U.S.A...
Sails N. Y. Balls S.F. Duo H.K. Salled Salfed: 8th Apr, Salled 10th Apr. 20th Apr. 21st Apr. 9th May 28th May
"BTEEL" VENDOR". "STEEL VOYAGER”. *STEEL WORKER""
GILMAN & CO., LTD.
Tel. 81146
Chinese Freight Agents-HIN, FAT & CO. LTD. Tela: 28823, 25558 & 23485.
SWEDISH EAST ASIA CO.LTD.
ARRIVALS FROM: EUROPE
m.v. "NAGARA”
Loads for Europe via Japan from2 30th March. Balls for Koba z. Yokohama. 3rd Apr. IFMLAND”
TONGHATE
m.v. "BALI
my. “NAGARA”
m.v.
TO. EUR
GILMAN
LTD