Pago 12
"THE CHINA, MAIL, TUESDAY, JUNE 29,91080,
FINANCE
AND
COMMERCE ·
BROMA UINTERO GUAN INISS
SINGAPORE, JAVA
PORTS and
MACASSAR
"TASMAN
"VAN HEUTSZ"
TJITJALENGKA"
ARRIVALS 23rd June
20th June
8th July
*only to Singaporo, Penang & Def, Doll
[@ MANILA, EAST &
SOUTH AFRICA &
SOUTH AMERICA
"DERLAGE" *
"TEGELBERO"
"TJIKAMPEK"
ARRIVALS
SAILINGS
27th June
1st July 13th July
:
Hong Kong U.S. REPORT:
Stock Exchange
BUSINESS AND INDUSTRY REGISTER NEW GAINS
New York, June 18.
The firmness in the market of Business and industry registered now going fast
last week is being maintained.
31.K. GOVT. LOANS
45 Loon 101, 100. 85
SAILINGS
27th June
*
6th July
29th June
2nd July
6th Aug,
"RUYS"
⚫ not calling Manila and Bouth America
D
JAPAN
"RUYS"
"TECELBERG"
L
4th July
3rd Aug.
Love (1954 à 1940) ORD. Down (1968) 'PAD-
RANKS
1.K., Hank 1300, 1280
(on Rep.) £10. Chartered Bank - 29 13/19h, Mercantile Bank A. & D. ́SAKA Batik 1st East Asia 1019
INSURANCER
16th July
Kunton in, 266.
Union Imm, 6035, 403nm China Doderwriters. San. B.K. Fire 310, 100
4
A
KRIPPING
Agents: HOLLAND—EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"LANGLEESCOT"
"MARIEKERK”
"MELISKERK"
Through B/L fued to
Muditörranean and Northern
European porta.
•
JAPAN
"LANGLEESCOT"
"MARIEKERK”
"MELISKERK”
ARRIVALS -
SAILINGS
early July
early Aug.
10th July early Aug. early Aug.
14th July
early Aug early Sept.
early July
early Aug.
KING'S BUILDINGSTELİPHONES 980132T022801 **ZZ ARCHÍSESI,RAGEN I SE JESTON NATIGHUSUDARATE F1.132014, 2123
ISTHMIAN LINE
(I-Uhmian Steamship Company New York)
DIRECT MONTHLY SAILINGS TO NEW YORK VIA LOS ANGELES AND PANAMA *STEEL SURVEYOR" "AKTION"
26th June ...24 July
Tanks available for Bulk Oil.
DJAKARTA (BATAVIA)
SAILINGS TO SAIGON, BANGKOK &
"STEEL SEAFARER"
"STEEL ROVER"
STEEL ADMIRAL”
ARRIVALS FROM 'U.S.A.
Salls N. Y.
STEEL SEAFARER" *STEEL ROVER”
"STEEL ADMIRAL”
KANT 7
Datalaser Ex.Div. 1980. H.K, M. Steamboats in. Truien Chilona (Pretz Ex.Div. 3%.
(Def.) Fable. 377. Shelia (Bearer) 88/1014. Uslim Waterbonta 18m.. Asin Nar. „J0b, „Tiem.
DOCKS. WARVES, GODOWNB Eic H., & K. Whateen 24h, 196, 7500. North Point Wharvet 5.60G. Shanghai Hongkow Wharvey 162. IK, Dock 15h.
China Prevlients 9.80b.
Shanghai Dockyardı 3JUS, Bilya, Wheelocks 21, 1.
MINING
Haub Mince 4.30. HK. Minea 01.
LANDS. HOTELS a Dubcs.
11, 49, Natele **. ILK, Landa 3815b, Jrea, Shënshal' Landa 130h. Icospbrwyr Inc
HK. Rrakter 1183, 2106, 1 Chinese Estate 104.
PUBLIC UTILITIES ILK. Tramwaye 11.10h, Pook Trams (Old) 360.
(New) an.
Star Ferrien Gän.
week, placing some barometers at the highest lovela touched since the start of the post-war
ora.
Car production was at a record pace for the second week in a row, operations in steel mills were above capacity for the ninth straight week and there was another record-breaking week in building construction. All told, gains out- numbered declines on the business chart by two to one.
trade
week.
Threat to Korean rice crop
Seoul, June 19. The rice crop on 60,000 acres of Koren's richest' rice Innd is being endangered for the second time this year by North Korean recalcitrane.
There also was a better than the business parade ugain this The area is in Yopan, just expected recovery in retail week. The Industry "produced South of the 38th Parallel, which and A broad buying 203,600 cars and trucks in this divides North and South Korea. and Canuda, Such a For 2,000 years, the Yonan felds movement developed in the country
number had never been renched, have been suppiled with water textile markets late in the before, the closest approach being from lakes North of the Parallel,
-,41%) the 200,515 units in the preceding It was the largest buying sprestalled a mere 146,038 units.
pree week. A year ago production to noted in that somewhat loggar deid in more than a month ahd was said to be due mostly abandonment of any hope for
to
price reductions on, merchandise
Amazing demand
The big three-Chrysler, Ford
for the industry,
to be delivered this autumn, Most and General Mors-set a sizz-
paca
After weeks of negotiations carly this year, the North Koreans agreed to turn on the water. On May 30, however, the water was stopped again, presumably be cause the North had hoped for riots and disturbances during the glections on that day. The area was quiet instead.
Three representatives from the
of the business booked on Friday ling was for third and fourth quarter overtime and every trick of the across the Parallel to negotiate employing additional workers. Southern farmers have gone delivery.
trade to increase production to again. So far, they have had no Although one of the best weeks meet ag amazing spring-summer success. of the year, there were disturbing demand" that seemed to have no side angles. An increasing number end. |of|cconomists - uxpressed ·' doubt
that business activitý
can' cx-
The steel industry's cycle oʻ| pand much further without cor-reatest production in histor rective reaction.
went through its ninth "straight.
week with little sign of a
The operating rate was 101.1
A hint along this line may have down. been furnished by the stock mar-
ket last week. After hitting a new per cent of capacity and produc-
C. Lights (Oldy 10.80b, Its 10.70/ao, high for the past four years at tion estimated at 1,927,200 tons,
(New) 7.40h, R., 9.70/80sm. H.K. - Electrica 236, 203ia, 2018. Macau Electrics 11%.
H
(New) 10%.
(1. share) 10km. Sandakan Lights 37ėn. Telephones 123⁄4m Shanchal Go 150.
INDUSTRIALS Guld. Mater. (ed.) Zin. Canton Jems Alym
Cements 10b, 19551, 1014an, 1.K. Hopes 13n.
KTORER, Kic
Dairy Farme 131.
(1.) ab.
Watson 26/254na.
.24th June
23rd July
20th Aug.
1. Crawforda Ex.Div, 28am. Hinerer b.
China Emporium Sn.
Sun Co., Ltd: 1,70.
Sails S.F. Duo H.K. Sniled Sailed 24th June 17th June 8th July 22nd July 11th July 29th July 19th Aug/
GILMAN & CO., LTD.
-Tel: 31140
Chinese Freight Agents: HIN FAT & CO., LTD. Tels: 28823, 25553 & 23483.
ZOUTH TYLE
ISTHMIAN LINE
(Isthmian Steamship Company, New York)
S.S. "STEEL SURVEYOR"
LOADING 25th JUNE
SAILING, 26th JUNE
FOR
· LOS ANGELES & NEW YORK
Nviq' PANAMA CANAL Passenger Accommodation Available. TANKS AVAILABLE FOR BULK OIL
GILMAN & CO., LTD.
Tel. 31146.
Chiness Freight Agents: HIN FAT & CO., LTD, Tols: 28823, 25653 & 23483.
SWEDISH EAST ASIA CO.,LTD.
ARRIVALS FROM EUROPE
m.v...“SUMATRA”. m.v. "DUKAT” m.v. "MINDORO”
SAILINGS TO HUROPE..
mv. "SUMATRA" my,"MINI
FOR
.30th Juno .20th Julf .End
Julf
.15th July „Mid Aug.
ADEN, POET- SÄID; GENOA MARSEILLES, ANTWERP¦ ROTERDAM, DREMEN, HAMBURG, COPENHAGEN, OSLO „Á GOTHENBURG
Deeptanki avaliable for Baikall
GILMAN & CO. LTD..........
Wing On (K.) 0. Wen. Powell, Ltd, Kan.
MISCELLANEOUS
China Entertainments 24n. H.K. Constructions (Old) 1.90b.
(New) 1.30 Vibro. Pilinge 1.
Moreman (IX. 78. Bengal Lown Tub
Tannhetes 37
Ewen 31.
COTIONS
RUBBER, COMPANIES. Alma Estulen 145ib.
Anglo-Dutch Jon. Anglo-faves 201. Hatu Anami 121
Bute Plantations 458.
Chemor United,450. Cheng Rubber 15.
Consolidated Rubber 16, 200m Dominion Robbers 1.300.
Java-Consolidateds Dân.
Kota Bahros 70, 00.
Kroewook Javaa (10m Langkats in,
Padang Bubbers 104.
Renah Rubbers 18b,'26s, 371⁄21⁄2 /-35sa Rubber Troste 2146, 1491, AMAN Sarosgage Bubbers 18m.
Berimba Bubbers 202
Shanghai Kelalia 496,"
Shanghai-Malays 10.
Shanghai Pahang .006, .70s. Shanghai Bamatras in. Auta Menantu '.100.
Bungel. Duris IBn.
Tanali Meratan
59b.
Tebone Rubber 18356, Zlanabe Rubbers 50n.
Money Market
the start, prices skidded in an orderly retreat that lopped of more than a billion dollars from the quoted value of listed shares,
The turn around come almost to the hour on the first anniver- sary of the latest bull market which had added the astounding sum of around US$25,000,000.000 to listed share prices in a single
year,
Price increases
This compared with a rate ol 101,3 last week and tonnage o 1,031,000 tons. A year ago mills
at' 30.7 worked
per cent senacity and produced 1,508,300. tons.-Associated Press.
AUSTRALIA TO BUY JUTE
• The today
01
Canberra, June 18, Australian Government approved the expenditure:
and
Until they recoive water, frans- plantation of rice, which must be doge la June, cannot go on. United Press,
GOODS DISPLAY IN TRADE ZONES
Washington, June 18. President Truman signed a bill this week-end to permit the display and manufacturé of articles in foreign trade zones.
Such zones have been establish- ed in the ports of New York, New Oricana, Los Angeles, San Frünë cisco, Seattle and San Antonio,
Under the old inw, articles could be brought into the forego trade zones duty free, - but could not be displayed or converted into manufactured products.
Representative Halo Bozis,
nother unsettling development of A £15,250,000 on jule goods Democrat, Louisiana, who spon- sored the bill, called it most im- was 8 flare-up on the labour and raw cute from India
Pakistan. front. While there were bo Major strites, there were some interrup Minister, announcing this, sald
3. McEwen, the Commerce trade.
portant to this country's foreign tions, including those in milk and that this amount would buy 100-foreign trade zones are not sub- Articles brought Into the local transportation.
000 tons of jute goods from ect to tariff provided they are India and 3,300 tons of raw jute sent out of the country again. If, from Pakistan, to be imported however, the articles are sold it within the next 12 months.
A third area bredding, distrust revolved around the price struc ture and inflation. Some industrial materials were marked up again including specific types of steel and zinc.-Predictions were fre quently heard that more of the same was coming, There were in- creases in telephone rates and bus| and' trolley fures in some cilles. Carpet prices were dearer after another round of increases in the price of raw wool.
1-
The Government would repover | the total outlay by the sale of the imports in Australia. he added.
It would continue to buy goods only until the ntumal trade chân- ncis ensured adequate supplier.— Reuter,
EMPIRE TRADE
this country, the usual tariffs prevail-Associated Press.
LOANS-TO-IRAQ-
Baghdad, June 17.
The Iraqi Government all- nounced today that Iraq has beeh granted two loops, one from the International Bank for US$12.- 800,000 and one from Britain for £3,000,000,
ها
Iraja
London, Jija 18. · The International Brok, loan The general level of food costs. Britain's trade with the Com- statement said that the Bank had however, was lower and some of monwealth has been rising over agreed to
send
R delegation the wind was taken out of the the past two years, Mr. "Arthur fraq next autumn
to study in salts of high Bying steel scrap-Bottomley, Secretary for Over-dustrial projects Which one of the main causes for the seas Trade, said in York tonight needs in preparation for the increases in long line of
pro- -In the first quarter of 1850 granting of loans for such dustrial materials. Rubber futures imports from the Commonwealth feels. A second statement said tumbled sharply at one time were 268 million compared that the Iras Minister of Financo *when foreign monopolists cf with £225 million in the same Baghdad today signed an agres-
and the British Ambassador natural rubber wote reminded period of 1948. that the US, has a large unused Exports, exclyding re-exporta,. ment under which
Britain capacity to make synthetic rubber. were £264 million in the Etsi granted a loan of £3,000,000 for quarter of this year compared ran State railway expansion
The A sparkling performance in the with £165 million in the firs Bank loan will be spent exclusive- Internationa! schemes car industry was at the head of shree months of 3048-Beutor.
India looks to the Japs for machinery
Bombay, June 19, 19
Indian trade exparts believe, that this country
looking to Japan as the biggest future supplier af heavy machinery and other engineering goods.
US dollars opened yesterday nt HK35.034 and closed at] $5.954%. The highest, and Zöwest), rates were $5.98 and $5.01.
TT opened at HK36 and closed at $0.00.
at
Stering was five cents higher
M
ly on irrigation schemes alming at the control of flood dangers Associated Press.
- NOTICE TO CONSIGNEES
5.5. PARRAMATTA”
Having. arrland Hong Kong consignees of cargo are hereby notified that all goods have "been tanded, and placed at their clak and expense into the gÒ- downs of the. China Provident L & M Co., Ltd, where de- lycry may be - obtained - as soon as the goods are landod. No claims will be admitted after the goods have left the
india largely as a producer of tender was closed.
·Pre-war Japan was known to †portation difficultier before the
Austra
pounds opened at 109s, crockery, low-priced tax-The Hitachi quotation for this godowns or failure to attend HK$12.50 and closed at $12.50. tiles and other cheap consunder project was said to be at least 20 | the aurvey, Hymalne nominal at gods. But last March Japan Be caut cheaper than tho priest
100. Ticals at HK$26.50 a 100 were machinory to the value of Rs. Co. said that Indians were
"All, broken, chafed and dam. secured an order for electrical que other compete
spokesman fo
`and aged goods are to be left in the unchanged
Burgedown where they will be NEI Guilders continuod nominal
prised at apary capacity to examined in the presence of at HK$2.30 a 100.
The order was placed by the manufacture electrica equipment Messis Goddard and Douglas Government of Madras with the because they herer, kodw, that Hitachi Company of Tokyo and Japan was producing such things. on June 22, 1950, at 10 am. called for the supply of 10,000 Exchange difficulties are. To comply with the General
Japan with Bonded Warehouse Regula many of tho business firms tons, consignees must have a ther-would like to have the pra Reychus Omeer in attendance sent, method is by baruar. when exatnining damaged duß-
SHELL STRIKE
"Halfa," "Juno, 18.
KY. turbo alternator, apt with
A 24 hour. warning stelke 1 to 12,800 KVA transformor complete be held tomorrow by Shell Com-with Indoor and outdoor wich pany, employees in Haifa,
The stoppage is over-dispute sent for the Government's between Israel's Labour Federal station exletition.
however, hampering
3. During the period July 1, 1949, able goodi. All claima. against
tiky, trail and Interaktions- This is ballbred to be the first to June 30, 1000, the government the vessel must be presented to oll companies to make them sorger of a kind to be aver diye some 37 items valued at nearly employment Agreements Pa adopted generally in local indua-13 CA
to a Japanese manufacturer. fries, Associated. Freak, y
FRUIT
The same arm,parrowly missed
* much blago order towards the
of India allowed. šla, Exports.
$20,000,000.
Gutstanding among these were
(A),000-pound Iran) shipment of th trippi Ulmschiners; to film org valued af 80
Bodi Purederm Valley Erakund Fros valued, stimul
melons:
toon days of the ship's arrival šla. Uridersigned within four-
they will not be recognised. -Ma'dan Ansurance, will be afá
The Global Flach
S.S. GENERAL GORDON
will sail for
HONOLULU and SAN FRANCISCO
via Okinawa and Yokohama on Tuesday, June 20th at Noon. Passengers are requested to board the vessel on Tuesday. June 29, between 8.30 AM. 'and 10.30 AM.
Hand baggago will be recolved in Godown No. 50 of tho Hongkong & Kowloon Wharf & Godown. Co., Ltd., intranco through Gate No.. 2, Canton' Road," Kowloon, on Tuesday, Juno 20, between 8.30 A.M. and 10.30 A.M/
7
S.S. PRESIDENT WILSON
will sail for HONOLULU and SAN FRANCISCO via Koba and Yokohama
on Wednesday, June 21st, at Midnight. Passengers are requested to bourd the vessel on Wednes- day, June 21, between 8.00 P.M. and 10.00 P.M.
Hand baggage will be received in Godawa Ng, 59 of the Hongkong & Kowloon Wharf & Godown Co., Ltd., entrance. through Gate No. 2, Canton Road, Kowloon, on Wednesday, June 21, between 8.00 P.M. & 10.00 P.M.
Tel. 28172/5.
EL Georgo's Bldg.
BENDLINE
SHIP
"BENNAGDHUI”
BENLOMOND" "BENALDER" "DENAVON" "BENVRACKIE” "BENVENUE" "BENDORAN’Le "BENLAWERS" "BENATTOW"
"DENNACDHUI” "BENAVON" "BENVRACKIE" "BENLAWERS"
·
"BENLOMOND”
"DENDORAN"
*BENALDEA"
"BENVENUE"
"BENATTOW"
ARRIVALS
DUE
In Port
FROM
U,K. via Bingapore,
23rd June
on or abt.
2nd July
50
18th July
27th July
29th July
9th Aug.
14th Aug.
27th Aug.
SAILINGS
London, Antwerp, Hotterdam,*
A Hull,
Liverpool,
Hamburg
Dublin,
Havre, Antwerp, Ham- burg, & Hull.
Genoa, Lo Hayre & Liverpool,
Liverpool,
Glasgow, A
Dublin, Antworp Abiterdam.
Loading on or abt.
-23rd Juff
20th July.
31st July
17th Aug
26th June
A
13th Aug.
6th July
31st July
31st Aug.
+ Accepts.Cargo for. Japan. ↑ Accepts Cargo for Havre, -
) Omita Hull.
· Vin~Malaya, Colombo, -Port - Sudan,-Adon, and...Suez Canal.....
For Further Particulars, Apply Tom-
W. R. LOXLEY & CO. (CHINA) LTD.
Agents
York. Building.
Telephone: 34185.
THE EAST ASIATIC CO., LTD.
M.S. KOREA"
23rd/24th June
for
ADEN, PORT SAID, HAIFA, BEYROUTH, ALEXANDRIA,
GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO,
GOTHENBURG, & COPENHAGEN
Tanks, available for the carriage of oil in bulk THE EAST ASIATIC CO., LTD.
Queen's Blik, Zu4 Heer,
EASTERN
Tel. 24111 & 24118
AUSTRALIAN
S. S. CO., LTD.
S.S. “EASTERN
loading, July, 1st for:
PORT MORESBY,
BRISBANE, SYDNEY, MELBOURNE
ADELAIDE
Accepts cargo for New Zealand Fort
MASKINNON MACKENZIE A CO.