THE CHINA
APRIL
JHT
BUTTERFIELD & SWIRE
CHINA NAVIGATION CO., LTD.
*SZECHUEN"
"SHENGKING"
"POYANG"
"PAKHOI"
"YOCHOW"
"ANHUI"
"SHENGKING"
"ANHUI"
"HUPEH”
"WUSUEH"
SAILINGS TO
Bangkok
Kechung ...
Inchon & Tientsin ..Keelung, Yokohama, Nagoya, Osaka Kobe
S'pore & Djakarto
Singapore, Penang &
Belawan
10 a.m. 10th Apr. 5 p.m. 11th Apr.
3.30 p.m. 12th Apr.*
5 p.m. 12th Apr,
ricon 14th Apr.
3 p.m. 18th Apr..
* Salls from Custodian Wharf.
ARRIVALS FROM Kochung
Singapore & Salger
.. Tientsin
RIVER SERVICE Hongkong/Macao Dept. Hongkong
2 p.m. daily except Wed. & Sun,
+
9th Apr. 10th/11th Apr. 12th Apr,
Macao/Hongkong Arr. Hongkong
7 a.. Tues., Wed., Fri & Sat.
BLUE FUNNEL LINE
5 p.m. Sunday
Scheduled Sulfings to Europe via Adon & Fort Said. "ANTILOCHUS".. Genoa, Marseilles,
"MIENTOR" "CLYTÓNEUS"
(1.K. via Straits
Liverpool, &
Glasgow .............
25th Apr.
"AUTOLYCUS" ... Liverpool
6th May
ARRIVALS FROM
12th Apr.
15th Apr.
26th Apr.
.29th Apr.
3rd May
11th 'May
14th May
"AUTOLYCUS" ...U.K. via Straits...
*TYNDAREUS" "MEMNON"
"ASTYANAX”
U.K. & Rotterdum via Straits.... U.K. via Stralis U.K. via Straits
& Manila
U.K. via Straits
& Manila
"MENESTHEUS" ..U.K. vin Straits &
Bangkok.*****
Carriers option to proceed yin other ports to load & discharge cargo.
AUSTRALIAN ORIENTAL LINE LTD./CHINA
NAVIGATION CO., LTD. JOINT SERVICE
SAILINGS TO
"TAIPING
"CHANGTE"
"TAIPING
"CHANGTE"
"SINKIANG"
4th week Apr.
Sydney & Melbourne .Japan ...
4 p.m. 11th Apr.
ARRIVALS FROM
Kure
.Australia & Manila
Australia
In Port 3rd week Apr. 4th 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. BRANCH OFFICES
Chater Rd. Cable and Wireless Bldg. 27160
BURNS PHILP
LINE
M.V. “MERKUR”
is expected to arrive from Australia
20th MAY
Round Trip to Japanose Ports 23rd May
Sails for New Guinea and Australian Ports
10th June
12th JUNE
For all particulars apply:-
GIBB, LIVINGSTON & CO., LTD.
AGENTS
P. & O. Building Ground floor.
FINANCE AND
New York Stock Exchange
New York, April 0. The stock market today slowly poked its way
high into new ground for the past 3 34 yours, Selected chemicals made an espa- clally good showing. Favoured stocks moved up fractions to a point or so.
Radio Corporation was, an out standing spot following news that had voted the first the Board extra dividend in the Company's history. most active Mock with 100
Benguet mining was the
12th
res traded at 14, down ...
shares
Among gainers were Dupont, Eastman Kodak, Zenith, Chrysler, Studebaker, Goodrich, Douglas
COMMERCE
Chicago to hold big trade fair
Paris, April 8.
Nations trying to invade the dollar market to balance their budgets have picked Chicago as the beachhead for their biggest combined landing.
Zero hour is August 7--the opening of the 14-day United Siates International Trade Fair.
Described by its backers as the first of its kind in world-wide scope, the fair is planned in four Chicago buildings, including the sprawling Navy pler.
At least two dozen countries have arranged for floor space in Chicago, to demonstrate every thing from A
(automobiles, al- monds, etc.) to Z (zine, rithers, etc.) that might appeal to buyers who have dollars to spend.
Advance agents from Chicago
Aircraft Charles Pfizer, a drug have been touring Europe and the manufacturing concern, shot Far East to line up exhibits and ahead of the chemical group with contract for floor space in the a rise of seven points.
exhibition halls.
མ་
Dow Jones Averages for In- dustrials climbed to their highest point since October 3. 1930, when they ended at 204.8.
Dow
Jones Averages: Stocks 70.10; 20 Industrials 212.55 Rails 50.30; 10 Utilities $3.25.
Closing quotations:
Adams Express
22
Alaska Junenu American Can 117
Smelting 63% Telephone 155% Tobacco 70% Waterworks 11%
Anaconda Copper 30 Aviation Corp. 7.
Baldwin Locomotive 10% Barnsdall 52
Bendix Aviation 425
Bethlehem Steel 3514
Boeing Aircraft 27
Borden Co. 50%
Canadian Pacific 144
Case 43%
Chrysler 88%
Colgate 454
Commercial Solvent 17%
Corn Products 67%
Du Pont 73
Eastman Kodak 49
General Electric 40%
Motors 70%.
Goodrich 88 Goodyeur 53
Homestake Mining 1244 International Harvester 27%
Paper 38
Tel & Tel 13 Johns Manville 49 Kennecolt Copper 5111⁄2 Montgomery Ward 55% National Distillers 23-
Lead 403
New York Central 14% Packard Motors 3%
Pan American_Airwayd 1014 Pennsylvania RR 17 Radio Corp. 1814 Remington Rand 13 Republic
Steet 263%
Reynolds Tobacco 385 Schenley 30% Sears Roebuck 45
Shell Oil 397% Socony Vacuum 17% Southern Pacific 53% Standard Brands 2334
Oll of Calif. 661⁄44 Oll of N.-J. 6915.
Studebaker 31 Union Bag 20%
Carbide 45% 43
US Rubber
»Steel 324 Westinghouse 34%
15
Combined effort
One of them in Paris described the fair as the first example of a combined effort to show in the United States just what Europe has to sell.
Pl barter agreement with Japan
Baguio, April 8.
The barter trade agreement; between the Philippines and SCAP, on which negotiation will begin next week, may be signed by mid-April.
Under the barter 'proposal Ja- pan will export 21 items to the Philippines including machinery, minerals, textiles, chemicals and various Philippine raw materials includ ing abaca, lumber, manganese and iron ore.
FINANCE ORDER drug in exchange for
BY PEKING
the
San Francisco, April 9. The Peking redlo announced
Chinese that
Communist Cabinet has issued orders to all
and Government agencies the Army to deposit all their funds with the People's Bunk (the Central Bank), keeping only en-
ough for three days' expenditures,
The order stipulates that cash may be paid out only in the coun- tryside, for small sums in towns, and for wages. All other expenses must be paid with
cheques drawn The order Bank. The on the People's is designed
us an anti-inflationary measure because it makes unnecessary to Issue
fresh Cur- rency band stabilising prices." balancing income and ex-
penditure,
it 1
Economists here point out that although the measure may great-
A SCAP misålon ir due early next wee
week to open the negotia- tions. A Philippine inter-depart- mental committee composed of re- presentatives of the Deportments of of Foreign Affairs, Commerce and Industry, Agriculture and Natural Resources, Finance and the Cen-
tral Bank has been working on
ment for weeks but no details of
either the Philippine or SCAP proposals have been revealed.—— United Press.
U.S. AID FOR ARGENTINA
Washington, April 8.
The Secretary of State, Me. The Organisation for European
Denn Acheson, anid it would be a Economic Co-operation (EEC) the Marshall plans overseas coun- terpart, ia taking an active in-ly reduce the actual legal tender normal move for the U.S. to grant financial aid to Argentina in circulation, it cannot be viewed terest in the show,
lewed in the wake of improved economic effective anti-inflationary relations between the countries. A spokesman at the Paris head-as an
bank notes Dre Mr. Acheson told newsmen that quarters said all of the 18 Mar-measure, since
Government
nent the entire relationship between shall plan areas in the OEEC merely replaced by
bank would have exhibitions..
cheques, which are niso the
two countries is markedly that better. The United States is an- In addition, agents for the fair currency. They report that exhibits also have the order primarily aims at pre-xlous to play its part in co-
economically been planned by Japan, Ceylon, venting speculation with Govern-operating Finland, Czechoslovakia, Yugos- ment funds by officials or banks Argentina. laviu, Canada and several Southholding the funds on their be- American countries.Associated half-United Press. Press,
PAKISTAN COTTON
SEED SURPLUS
A
suggested
with
Various steps to help Argen- tina are under consideration.
The Argentine, Finance Minis- ter. Ramon A. Cereijo, has been in Washington two weeks and has settled problems with a number of American companies.-Asso ciated Press.
DEVALUATION.
P&O B.I. E&A
COMPANIES
PENINSULAR & ORIENTAL S.N. CO.
PASSENGER/FREIGHT BERVICE
14 "CARTHAGE"
OUTWARDS
** "CORIŲJ
``ma. "CANTON"·
LEAVES LONDON
Balled
6th Apri
4th May
}
DUR HONGKONO
10th April 8th May
1th Jane
Via Southampton, Port Bald, Aden, Bombar, Colombo, Penang- 4
LEAVES HONGKONG DUR, LONDON
Bingapore
HOMEWARDS
14. "CARTHAGE"
14th April
18th May
A "CANTON"
3th Jane
"CARTHAGS"
4th Jub
4th Auguel
a. "CORFU
3. "Coafu
"CANTON" ("
1st September
11th May
1th June
20th July
Bih Auguet
1th September
22nd October
Accepting Cares for Bierapone, Penang, Colambo, Donibar, Aden,
Forts Bald # London, mak
OUTWARDE
"SBILLONG" * A "BOUDAN" "
. "SHILLONG“
HOMEWARDS
, *BOCOTRA"
* "BHILLONG"
FREIGHT BERVICE
- DUB HONGKONG
15th April
3rd May
LEAVES HONG KONG
•
2nd April
LOADS HONGKONG 11th April
- 11th May
FROM
London Continent
TOR
Kobe & Yoluhams.
FOR
London & Continent
Accepting Cargo for Eingapore, Port Swattenbam, Penang, Colerai bo, Aden, Port Bald, Genöm, 'Mergellim, London, Hamburg, Ass warp & Botterdam. With Jiberty to call us Dombay if inducement
TANKS AVAILABLE FOR CARRIAGE OF OIL, IN, BULK SPACE FOR, REFRIGERATED CARGO. LIMITED PASSION. ONE ACCOMMODATION,
BRITISH INDIA S.N. CO., LTD.
*ma. "BIRDHANA”
from Japan. for Biralts, Rangoon & Celovita frvas Straite. for Japan,
dus 10th Apr. sil 12th Apr.
Both Apr.
ane 2nd Mu
• These ships have Refrigerated. CarWO SPACE,
Calcutta
`P. & 0./B.1. JOINT SERVICE
ma. "EVROS"
= "OZARDA
IN
doo 10th ADT. from Japan, safle 14th Apr,
Que
anlin
via
for Straits, Colombo
Bombay, Karachi 4 Persian Gulf,
19th Apr. from Persian Gulf, Bozás bay traits, Rist Apr. for 'Japan,
* Accepłe cargo on through Bill of Lading for Perlan Qull Porta
EASTERN & AUSTRALIAN S.S. CO., LTD.
ka. “VELLONE” •
Jonda ih Apri
a series of
}
CUSTOMS UNION IN BORNEO?
Singapore, April 8. Karachi, April 8, Sir Ralph Hone, Governor of Addressing the annual meeting British North Borneo, told the of the Pakistan Central Cotton colony's advisory council at Jes- Committee, the Agriculture seiton today that he hoped North
BOLIVIA Minister,
Pinzada Abdus Sattor, Borneo would reach a satisfactory
La Paz, April 8. disclosed a surplus of about 100,- agreement about a customs union 000 tons of cotton seed in Pukis with Brunel und Sarawak in The Government' devalued the tan. The Government is making
unit. today national tow
months.
monetary
00 Bolivianos per all possible efforts to export
-British-protected from 42 to
a British dollar and decreed seeds, including a revision of the State, and Sarawak, seed export duty. The U.S. pro- Crown Colony, are contiguous to other sweeping economic
luces half the world's seeds
Exporters were ordered to hand of the island). only five per cent of the world He added that a local rubber over to the Gvoernment all for- production.
research fund which it ia intond-eign exchange received for goods.
import of many About cotton itself, the Minister ed to establish by July 1, still de- The ubserved that despite the trade pends on an agreement being esser
essential goods wTES prohibited, Including beverages, deadlock with India, Pakistan's reached about it, principal buyer, Karachi port Sir Ralph said that he had cars.
coffee,
shoes, furs, watches, furniture, fountain
pens, rugs, alone exported up to March 9 been greatly impressed by the 77,000 bales more than in the ample evidence of reclal harmony wedding dresses and others listed same period last year.
he found in North Bornico as luxury articles.
while Pakistan ton North Borned on the North coast sures.
He expected to export more as Reuter. a result of a recent contract with i the Raw Cotton Commission la Britain-Associated Press.
TRADE PROMOTION
BY EUROPE
establish
EAST MARK
Berlin, April 8. The Soviet zone's East mark, which slumped spectacularly In value here in mid-March,, is now Washington, April 8.
Being
Berlin quoted by West Marshall Plan countries are to money-changers-at-7.80 for one new International West mark. This means it is held trade promotion division to stilo be worth about three cents. mudate dollar-earning exports The West mark backed by from Europe to the United States. ERP is valued at 23.8 cents.As
Announcing this, the Economie Co-operation Administration said soclated Press. that Western Europe must take tar more vigorous steps to sell to the United States while the
Washington, April 3. of one per cent of the total The
average U.S. Wholesale United States output of $140,000 prices measures by the Bureau of million and thus could not have Labour. Statistics declined one-any appreciable effect on the na- tenth of one per cent in the week tlon's total domestle economy.- ended April 4-Associated Press. Reuter,
பட்
non-
tobacco,
The salaries of public and private employees were increased by the decree from 10 to 100 per cent. Railroad freight taries were increased 30 per cent--United Press.
PI IS GROWING MORE RICE
Manila, April 8. The Philippines, which grown its 19,000,000 in- less rice than habitants consume, apparently is well on the way, to self-suff ciency in the production of that Important carcal
has
Youngstown Sheet & Tube 82%
Detroit, April B. Gen. Pub. Utitles 17%
Direct losses due to the Chrys-
The Sceretary of Agriculture, Corporate bonds stuck to » United States must stop blocking ler strike will pass the US$1,000,- Placido L. Mupa, disclosed that narrow price route. Ahead in the European export drive by 900,000 mark tomorrow, reports Philippine rice production curb transactions were Barlum įtaria similor measures.
the Automotive News. Various passed the pre-war love!. Steel, Calgary and Edmonton, #simultaneously Mr. Paul Hoff- Chrysler plants have been strike- Imports of rice, which cost this Cities Service, Claude Nes, In-man, the Mashall Aid Adminis-bound since January 25 with the country on average of US$25,- perial Oil, Sonatone, Raytheon...trator, pointed out in a letter result that 350,000 cars and lor-000.000 annually for the last three Associated Press.
published today that the imports rics were not produced-Asso-years, will cost only US$5,000,
000 in 1950.-United Press, [required, of about $1,000,000,000, ciated Press.
represented only about one-third
· LONDON STOCKS NOTICE TO CONSIGNEES
London, April 8. 8.8. "VESTEROY"
The encouraging gold and dollar reserves situation brought firm- Having arrived Hong Kongness to the Stock Market during
week
which consignees of cargo are hereby the four-day business. notified that all goods have ended on Thursday. The rubber been landed and placed at their
share market viewed a precipitous rise In risk and expense into the go-1 certain
with a commodity prices amount of suspicion, but downs of the North Point firmness prevalled and there were Wharves Godówn where de-no spectacular riscs. livery may be obtained as soon as the goods are landed, No claims will be admitted after the goods have left the godown or failure to attend the survey,
Tel. 30327,
Peninsular
AUSTRALIAN ORIENTAL LINE
S.S. "TAIPING"
NOTICE TO PASSENGERS
SAILS:
From Kowloon Wharf on Tuesday, the 11th April at
4 p.m. for SYDNEY and MELBOURNE
BAGGAGE:
With the exception of hand packages carried by pas- sengers themselves, ALL BAGGAGE must pass through the Whart Company's Godown for loading on board, by ship's alings.
HEAVY BAGGAGE should be sent to, the Hong Kong & Kowloon Wharf Company's Godown at No. 2 GATE: CANTON ROAD ENTRANCE by NOON AT THE LATEST
& Oriental
SEP
STEAM NAVIGATION COMPANY
R.M.S. “CARTHAGE"
SAILS:
BAGGAC
NOTICE TO PASSENGERS
FRIDAY the 14th APRIL at NOON for the United Kingdom via Straits, Colombo,., Bombay, Aden and Port Said.
ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co's Go- down at NO. 2 GATE, CANTON ROAD ENTRANCE by NOON on THURSDAY the 13th: APRIL.
on MONDAY, 10th APRIL Heavy baggage CANNOT BE SPECIAL NOTE: With the exception of hand packages car- ACCEPTED on, the day of, sailing.
- EMBARKATION:
Passengers, should embark between 2-P.M. and 3 P.M.
on TUESDAY, the 11th, APRIL, through No. 1 GATE, ** KOWLOON WHARF.
BUTTERFIELD
SWIRE
ried by passengers themselves "ALL BAGS GAGE must pass through the Wharf Co'a. Godown for loading on board by ship'è alings only.
EMBARKATION: Willi take place between 0.30am." "and""
11-am on FRIDAY, the 14th APRI MACKINNON MACKENZIE & CO.
AGENTS, W
(Teli; 27721-43
All broken, chafed and dam- aged good are to be left in the godown where they will be examined" in the presence of Messrs. Goddard and Douglas on April 11, 1050,' at-10, a.nı.
Japanese and German bonds were practically friendless and showed declines. There was some revival in the Kaffir market. The Financial Times'. index rose from 130.02 to 133.84, roughly 2.3. per cent--United PICKS
for Baknul Brisbane, Bydney, Melbourne, Ade- laide, Wellington, Auck» land, Lyttelton Dunedin,
* Accrple cared for New Zealand & Pacifio. Leland ports on through
Bills of lading.
Alļ, yemela “have liberty to call at any ports on or off the route, and the routes and satiings are subject to change 22, amendment with or without boties.
For full porficulars apply to:- MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4,
ISTHMIAN LINE
(Isthmian Steamship Company, New York)
THES DIRECT MONTHLY SAILINGS TO NEW YORK
VIA LOS ANGELES AND PANAMA "STEEL ADVOCATE"
10th May
Tanks available for Bulk Oil. SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)
“STEEL VOYAGER" ".
· ARRIVALS FROM U.S.A.
“STEEL VOYAGER". *STEEL WORKER”
Detroit, April 8× United States this month may top
Car and truck production in the A 615,200 units, Wards Automotive reports said today. Tho agency said the estimate Includes an ss- sumption that - Chrysler : plants, closed since January 25; will be back in production by April 17. Associated Press.
To comply with the General Bonded Warehouse Regula Mons, consignees must-have, a Revenue Officer, 'in attendance when examining damaged dutl-
NOTICE TO CONSIGNEES- abin goods.": "All claims against the vessel must be presented to.
· M/V··“Telemachus”. the Undersigned within four-
Damaged cargo ex this vessel teen days of the ship's arrival, will be surveyed at Holt's
or they will not be recognised. Wharf between 10 a.m. and,
ני
noon on April 11 and 12, 1950, No fire insurance will be ef- and consignees are requested to fected
have their representatives pre- WALLEM & CO., LTD. went during the
survey "Agents, JSKD BUTTERFIELD & SWIRE, Tole
Agents.
April: 0, 1980,
34177-9.
Hong Kong April 10, 1930.
.30th Apr.
Salla N. Y. Balls S.F. Duo H.K. Salled 10th Apr. 29th Apr. 21st Apr. 9th May 28th May
GILMAN & CO., LTD.
Tol 31140) (2)
Chinese Freight Agents:—HIN` FAT ̈ & CO., LTD: Tola: 28823,-21563" & 23188.
SWEDISH EAST ASIA CO.LTD.
ARRIVALS FROM EUROPÉ
m.y. “HEMLAND"..
Salls for Kobe & Yokohania" 10th Apr
IV. TONGHAI” m.v. “BALT
mv. "NAGARA” m.v. "HEMLAND" m.v." "TONGHAP
BAILINGS TO EUBOPE
ADEN, PORT SAID,
CABAHLANCA” WWW.HAMBUBO, C
GILMAN
Apr
18th Apr
* 44th. May End May.
MARSEILLES," TANGIERS, BOTTERDAM, BREMEN, OSLO & GOTHE Intion - availablo,
CO. LTD.