Page 14 7
R. I. L.
ROYAL
INTEROCEAN
O SINGAPORE, JAVA
PORTS and
MACASSAR
"TJITJALENGKA"
"VAN HEUTBZ"
"TASMAN"
→
LINES
ARRIVALS SAILINGS
In Port
2nd Oct.
8th Oct
⚫ only to 'pore, Penang d Gel Dell
MANILA, EAST &
SOUTH AFRICA & SOUTH AMERICA
"STRAAT MALAKKA" "STRAAT BOENDA" "TJIBADAK" *
"TJISADANE"
ARRIVALS
In Port 23rd Sept.
20th Oct.
• not calling Manila and South America
JAPAN
"STRAAT MALAKKA"
"TJIBADAK"
"STRAAT BOENDA"
"TJISADANE"
24th Sept. 10th Oct. 10th Oct.
SAILINGS 22nd Sept. 9th Oct. 14th Ocl.
ARRIVALS SAILINGS
21st Sept.
11th Oct.
24th Sept.
Bih Oct.
22nd Sept. 22nd Oct.
Agents: HOLLAND-EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"MEERKERK"
"BYNKERK"
"LANCLEESCOT"
Through BE/L Tund to
Mediterranean and Northern
Europeen porta
JAPAN
"MCERKERK"
PRYNKERK"
"LANGLEESCOT"
ARRIVALS
22nd Oct.
early Nov.
SAILINGS
• 9th Oct. 11th Nov, carly Dec.
5th Oct.
10th Nov.
early Dec.
2bth Oct.
early Nov.
I PEKINGSTBUİLDİNGSTELEPHONES E2001SSETO 2200KAS 425YCIUNDSERAGENTNÄRZĄCONNAUGHT KHAN,, GEOISI 1896) BIDE
O
ISTHMIAN LINE
(Isthmian Steamship, Company, New York)
DIRECT MONTHLY SAILINGS TO NEW YORK
VIA LOS ANGELES AND PANAMA "STEEL SURVEYOR”
..27th Oct.
SAILINGS TO SAIGON, BANGKOK &
10th Oct. 21st Oct.
THE CHINA MAIL, THURSDAY, SEPTEMBER 21, 1910.
FINANCE AND COMMERCE
New York Stock Exchange
New York, September 19. The stock market backed away from a four-year peak today, the firat decline in the past six ses- slons. A slow rally shaped up in the afternoon but it could not work up enough steam to recover fully the earlier losses, Final prices, however, were above the lows for the day in most cases. Changes either way were mostly fractional. Transfers 300,000 shares-lowest i nearly two weeks.
were
Lower prices were paid for International Nickel, Coca Cola, Phelps. Dodge.
Guiners included Colorado Fuel, Western Union, Twentieth Century Fox, Baltimore and Ohio, Paramount Theatres. Only four of the 15 most active issues losses. Most with emergedi brakers seemed in feel the mar- ket was entitled to a period of rest and digestion,
Stocks
Dow Jones averagen: 30.48; 20 Industrials 225.70; Rails 66.32; 10 Uilities 39.52.
Closing quotations:
Admins Express Almka JuneRu American Can
"
Smelting Telefone
Tobacco
Water Works
Anucunda Copper
Aviation Corp. Baldwin Locomotive Bethlehem Steel Boenig Aircraft Borden Co.
cantidian Pacife
Case J. I. Chrysler Colgate
Commercial Solvent Corn Products Du Pont
Eastman Kodak General Electric
Doddrich
Motora
Goodyear
Homestake Mining International Harvester
Paper
Tel & Tel Johns Manville Renuccott Couper Montgomery Ward
Distillers והוציא
Lead
THAILAND RICE STILL MEETING BIG DEMAND
Bangkok, September 19.
World demand for Thailand rice continues to 'be groat five years after the end of World War II. The granary of Asia exported 843,500 tons of rice to deficit countries for the first seven months of this year-a post-war record. Almost the entire export-] able surplus of this year's tor- get of 1,200,000 tons has been allocated. New commitments Will have to be based on avail- able surpluses.
Trade circles report that there has been renewed interest in rice from nearby deßeit areus since the Korean war. Countries whose staple diet is rice are showing a tendency to lay in stocks in case supply sources should be
cut off.
Thailand exported 245,000 tons to Malaya, Borneo, Sarawak, Hong Kong and Britain during
months of the first seven
this year. She has contracted to sup- to the British ply 439,000 tons oren for 1950. Shipments so far have been described as up to schedule.
Japan took 262,510 tons of the steful exported and is to receive n further 24,000 tons under the twe ecuntries open-account unde aprecment.
22%
2%
100
02
048
355
137
42
354
91%
be Jepun is understood to negotiating to purchase a further 27,000 tons and is offering goods in barter, but Thailand is de- manding dollars.
151 Ceylon turning to Burma Ceylon recently took delivery of 30,000 tons and has not, dicated A desire to purchuse Ceylon has recently been more.
turning to Burma anorce of *supply.
Indonesia contracteil to buy 50,- 6012 000 tons this year, but owing to 1912
a shortage of foreign exchange 42 the infont
laken Republic has 122 delivery of only a small portion | 44% of It.
20
The Philippines, a former re- 004
made hus not 2014 gular customer,
Like 45% any purchases this year.
Indonesia, the Philippines sought
109
European
payments agreement
Puris, September 19, Seventeen notions, taking part Europe's recovery in Western programme today took a step to wards freer trade by signing the treement on the European Pay- iments Union.
Hong Kong Stock Exchange
After several months of Inacti- vity the market has become live- lier and there Is a general inquiry tavourabl rules, ut current
stimulated Korean war nnys trading throughout today's seulo, and the immediate stock market Banies have trend looks higher. Improved to $1,240, Trans n fights from OD cents to $2 Lights to $11% and Dairy Form Cements navo small buyers at have good $1014 and Electrics
$244. Investors support operations and remittances fron overseas indicate a cautions
The Marshall Plan Organisa- tion indicated last week that, it was ready to provide $350,000,000 the Union's (£125 million) for initial working capital.
This cleared the bottlenecksteady return of confidence. that prevented earlier signature of the agreement.
The Governing Council of the Organisation for European Eco- homic Co-operation today, set up o six-man board for the fund. representatives of consisting of
anet Italy (president), Britain. France
Den- (vice-presidents), mark, Germany and Holland.
The Marshall Plan "roving ambassador," Mr. Millen Katz today balled the Payments Union as an example of inter-
in action. ational democracy Reuter.
EUGENE BLACK IN BELGRADE
of
Pelgrade, September 20. Mr. Eugene Black, the Pre- the International aldent Bank, arrived here today from Paris op a seven-day visit as the guest of the Yugoslav Gov-| ernment.
Mr. Black told correspondents that he had come to speed up the Bank's decision whether to grant
Yugoslavs requested $25, 000,000, loan.. He said the Bank would grant the loan if Yugosin- via met the conditions.
the
475 to conclude #1 barter agreement, 94% offering to send homp and native
products Ja exchange for Thai 44 and rice. But Thailand has in 394
dollars. risted
on 31
india des- Famine threats in pite efforts to
achieve self- have forced the coun- sumelency
to conclude an agreement to 48,000 tons. About 7,000 tons have already been shilpped.
Demand from European coun- was to work out whelber other tries and the Middle East con-member countries can contribute tinued normal,Associated Press. with their currencies.
DJAKARTA (BATAVIA)
58%
"STEEL AGE
13
"STEEL SEAFARER”
45%
65
455
take
ARRIVALS FROM U.S.A.
25%
0036 257
"STEEL AGE"
"STEEL SEAFARER'
Salls N. Y. Salta S.F. Due H.K.
Salled Salled
9th Oct. Salled 29th Sept. 20th Oct.
40
New York Control
104
Packard Motors ..... Pan American Airways Pennsylvanin RR Radio Corp RemHand
Steel
44%
.03%
GILMAN & CO.,
Tel: 31148
LTD.
Chinese Freight Agents:- HIN FAT & CO., LTD. Tels: 28823, 25553 & 23483.
SWEDISH EAST ASIA Co.,LTD.
ARRIVALS FROM EUROPE
Reynolds Tobacco Schenley
Sears Roebuck Shell Oil Socony Vacuum Southern Pacific Standard Brands
Oil of Calit.
Oll of N. J.
Studebaker Union Bag
Carbide
US Rubber
Swel
193 LONDON
173% 134
The idea was partly to give the loan in dollars and partly in five currencies. One dimeulty other
Mr. Black's visit coincides with a deterioration of living condi- STOCKSons in Yugoslavia. Foreign ob- servets estimate that the country London, September if will be short of 1,500,000 tons of The London stock exchange, maize and 300,000 tons of wheal. aided by the encouraging trend Unless these and other food- of events in Koren, continued to stuffs con Imported, hardship 3214
Yesterday's and possibly even some starvations 481 forge ahead today.
cautious atmosphere was replaced is predicted for the turn of the 51%
by one of greater confidence.
year, But Yugoslavia Government bonds climbed thought to have nearly enough higher after a brief sinking spell, foreign exchange to purchase this. and leading industrials gained Router.
22
761 84%
34
41
484
30%
16% 33
Lines Westinghouse Youngstown Sheet & Tube .10235
m.v. "TONGHAI" m.v. "BALI"
4th Oct.
Gen. Pub. Utilities
10
..early Nov.
SAILINGS TO EUROPE
Among Bands were lower. curb #tumblers were Creole Petroleum and Berlum Steel- Associated Press..
m.v. "BENGAL"
m.v. "TONGHAI”
IV. "BALI"
2nd Oct. .29th Oct. .end Nov.
FOR
་་
ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENILAGEN, OSLÓ & GOTHENBURG
Deeptanks available for Bulkeil
GILMAN & CÓ., LTD.
Tel. 31149
THE EAST ASIATIC CO., LTD.
M.S. “KVERNAAS”
LOADING ABOUT 27th SEPTEMBER
för
ADEN, FORT SAID, GENOA, ANTWERP, ROTTERDAM,
"HAMBURG, OSLO, GOTHENBURG & COPENHAGEN
THE EAST ASIATIC CO., LTD.
NOTICE TO CONSIGNEES
m.v. "JEFF DAVIS" Having arrived Hong Kong. consignees of cargo are hereby notified that all goods have. been landed and placed at their risk and expense, into the godowns of the Hongkong 'and' Kowloon Wharf and Godown Co., Ltd, where delivery may be obtained as soon as the goods are landed,
No claims will be admitted after the goods have left the godowns or failure to attend the airvey.
ground.
Financial Times' Index: .116.6. -Associated Press.
NY SUGAR
-New York, September 19. Domestic sugar futures No. 6
F
closed one lower.
5.35 bld. March
5.54 May Domestic sugar futures No. 9. closed quict with no sales.
March Muy
5.21 bid. 5.20 # Ruw sugar spot 0.25 nominal.
-Associated Press,
is not
CHICAGO GRAINS
Chicago, September 19. Wheat and rye held steady but other grains had rough go-1
Com declined on news of Ing. better growing weather,
Wheat
closed to higher.:
US$2.25 %-% December...
$2.29 4-% March ****
lower. Corn was 4-1 # Oats were %-% lower. Rye was - higher. Soybeans were 1⁄4 bigher to lower-Associaled Press...
Efforts to promote natural rubber
The mission will tell United Singapore, September 20. Three rubber 'scientists from States consumers the ways in Malaya, Indonesia and Indo- which natural rubber may be im- dijina will visit the United proved. They will also find y whut qualities of rubber are pre- States in Uctober to promote erred. The US, has repeatedly natural rubber in the face of implained that South East Asia present synthetic compolition.
rubber produsers have been sup plying undergrade rubber, or even mbeing lower grades with. higher grades
The thred are Dr. R.G. Newton, of the Melayan Rubber Research Institute, Dr. J. van der Be director of the Indonesian Rub- Bdequet, Vice-President of the Board of French and Metropolitan Rubber Research Instituter.
tho
All broken, chafed and dam-.] Ler. Hosearch Stiloj, and Dr. Me aclchists will 'read, papers
aged goods are to be left in the godown where they will be examined in the presence of Messrs, Goddard and Douglas on September 23, 1950, at 10 'm.
To comply with the General Bonded Warehouse Regula tons, consignees "must have 'à Revenue Omeer in attendance when examining damaged dull- able goods., "All claims against the vessel must be presented to the Undersigned within fourteen days of the ship's Arrival, or they will not be recognised.
The decision to meet American rubber, manufacturers was taken at a three-day conference, in which D'selentists and economista from the three South East Asia territories took part.........
'NOTICE TO CONSIGNEES
hold diselimlens with tip, In- ternational Standardisation Or- ganitation, an amilate of the United Nations, in. Akron, Ohio, and the American Chemical So- clety to Cleveland, Ohio.
At the Singapore, meeting tha Expprte drafted recommende tions for improvements, in prod duction which would be for warded to the international Rubber Research Board in Lon- don,
HK Govt, Loane
14: Loga Hun.
3
1 13234 ♣ 190)
an (1948) 5.
Banke
+
The Global Flori'
TO HONOLULU & SAN FRANCISCO
Cleveland Gordon
Rees, Qan. Pres. Wilton
via JAPAN
Acr
Ool 14 Galiz Oct. 15
AM
10 Oct.
Balls Oct. 19
Arr. Nov.
3
Galia Nov.
+
TO SAN FRANCISCO & LOS ANGELES via JAPAN
Pres. Madison ........ in Port Pres. Plorco
21 Gept.
Sulle Arr. Oct. 4 Galle Oct.
TO NEW YORK, BALTIMORE & BOSTON
via PACIFIC COAST & PANAMA
Pres Fillmore Prov. Tyler
Arr. Sept. 27 Balls Supt. 20 Arr
24 Balte Oct.
Oct. 30
ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, YORK and MARBEILLES, GENOA, NEW
NAPLES,
BOSTON
Pres. Jolferman ...... Pros Van Buren ....
▪」 · 45,
Arr Sept. 24 Salla Sept. 20 26 Salis Acr. Bapt
Gept. *OMITS MANILA, KAR ACHI & ALEXANDRÍA
28
bo
it. George's Bldg.
JIK & Shanghai Bank 1,22014, 1,210/4015
( ) 771. Chartered Bank / Mezzantile Bank A. & 3, Au flank of Einat Arin 1921.
Insurances Canton Jas, 245, Untun Joe, £30h, 10an. Chin Underwriters ăn. IK Fiets, £45*,
Shipping
Daugines like,
H & Men Shramboala Hin. Jada Chinus (l'pot.) 12n.
(Ver) Jah.
Shella (later), Gelin.
slon Waterboats inn.
A-la Kuv. 6.2{yk.
Docka, Wharves. Godowns, Etc.
IK Kowloon Wharves TCD. North Palm Wharvet de.
Bhanzhui Jungkew Wharees Bb. MK Dock 13.001.
China Provlarnie 11b, 126, 11, Shaugh! Dockyards 2.200. Wheelocks 214b, #Zam.
Mining
Raub Mines 4,701.
1 Mines 0146 11⁄2
Lands, Hotels & Buildings IK & hangbok Hotels 6,000, Trai HK Lapde 36. Shanghai Lands 1.300. Humphrey. jb, RK se b, 2.10. Chinter Etuis 19.
Public Utilition
HK Tramways Ex.lv, 114, 115. Peak Trams (OH) Jun..
(New) 8.
Star Ferries 675, 67. Chloe Lighla
-11 20 11.40m, 11.10/15/40R ¿New P1⁄4%, Am.
IK Electric 21120, 21.990, 2415/25/
2.
Mara Eletries 111⁄2n.
(New) 1040.
(Horú Sh.) 1812.
Sandakan Light Telephones 11an.
Rt.) 20. „Iba, Bharat Gan an.
Industrials Caid, Macg, (Dr.) 22n Canton Is Blyn. •
Cementa 1944m, 1011⁄2un.
·HIK-itopes (2.40b. ----
Stores, Etc.
Dairy Farms 12.35, 129, 12.
(2.5 25.
Watson 24.600, 24ĺken.
1. Crawloris 214b. Kierre Ja,
China Emporium ata.
Aun Co., Ltd., 1.70n. Kwong Bar Hope 70. Wing On (K) 430. Wm. Paweli, LIA, BI,
Miscellaneous China Entertajamenta iin. RK Constructions (Old) zijn.
"(New) 1.500.
Vibro Ting 10m.
Maraman Investimienta. 9/49, * Blursan (HK) Ton. Shanghal Loan Tet. Shababal Explor 20b. Yangtaten.
Fiwos 3.585.
Cottons
BUSINESS DONE (Direct business)
1,240,
HK Bank 12 pt $1,210, 10 at
*350 at $1/240, 17 at $1,250, 37 ME $110.
Union Inn at $650. Whorlock 100 at 22, 200 at $22. China Troyldenly 3,900 mp (3136.
hausal State) 4:000 at 37, 1,000 L. 17.
HK Tram Ex.Div, 2,805 at #11%. Chion Light, (034) *500 st, $11.30, BUF
11.40, 2,315, at $115%, 350 ali 11.40 1,800, mg $11.40. Ona Light (New) 1.000 at 65, 400 #1 $8, 233 at 35, 276.al 3B... TIK Eleptela 00 x3 (2454, 400 xt-$2414.) £100 at 1243%, 500 ml 825, *200 at; 86,000 at 124%"
Telephone GCO at #11-'
Cement 500 et 10%, 2001 $0. Dalry, Farm; 5,200 ml 51937, 290 at 0183, Wateon Gugat $245..
Biar Terries 000 AL 1073, Delis Farm (Blphite) 10,181, Telephones (Higbis) 2,000 nt 18 sunta.
#21.
Money Market
TT ved up to 10.40,
at $0.4011⁄2.. after opening at $0.304. It closed
US dollars opened yesterday ot HK$0.30 arid closed at 16.301⁄2, Throughout the conferenco the These were the lowest and Damaged cargo ex this vessel, danger of a new and better syn-highest rates, will be surveyed at Hosthetic being developed which Wharf belavcen 10 am. and uld be superior to natural rub-
Ber was stressed. roon on September 21 and 22,
Research Information presented 1950, und "consignees 'arp, re-to the meeting showed that na No fine insurance will be quested to hayp their repre-tural rubber varied in quality an sentatives present during the witle as 18 polals. The variation
In synthette was only wight points, sterling, at HK$13.67, and Au- Burvey.
The Brilah delegale, Dz..New- don, is travelling direct to the U.S. Dr. von der Fle of ladongsis and Dr.Docqupt: of, Indo-Chines Will call at The Hague and Paris, re- pectivaly, on ruido, Associated,
"Effected.
WALLA
elepho 88041-0. Hong Kong, Sept. 10, 1950.
BUTTERFIELD & SWIRE,"
Hong Kong, Se
Industrial gold aperted at: HK$208, a fact and closed at $200.25 Fluctuations-- rungod from $297.50 to $299.50.
strollua pounds at TIK$12.40, were unchanged, maint
Plastres remained nominal at TOKITE DU 100PESO
*Tychopat Jik#20.70 a 100,-and NEI Guilders - at 11633 4, 100, were also: unchanged.
Tel. 29172/5.
BEN LINE
FROM 201
FAR 1857
DUR
SHIP: "BENCLEUCH"
ARRIVALS
FROM U.K. via Bingapore.
27th Sept.
"BENVANNOCH" "BENVORLICH"
on or abt. 28th Sept.
19th Oct.
M
29th Oct.
12th Ney.
26th Nov.
#
"
3rd Deo.
With Dia
J
"DENMACOHUI
"BENALDER" "BENAVON" "GENREOCH" "BENVENUE"
*BENYORLICH" "BENALDER" "BENVENUE"
"BENVANNOCH"
"BENWYVIS"
"BENCLEUCH"
"BENMACDHUM"
"BENAVON"
SAILINGS
London. Antwerp, Rotterdam, & Hamburg
Loading on or abt.
23rd Oct.
10th Nov.
15th Dec
Londorf, Antwerp, Rot- terdam & Hull..
29th Bapt
Liverpool, Gonda, Rotterdam & Antwerp.
20th Deo,
Liverpool;
Dublin,
Glasgow, Antwerp
28th Seph
•
a1st Oct.
#
Rotterdam,
80th Nov.
Via Singapore, Colombo, Port Sudan, Aden, & Suer,
For Further Particulars, Apply Tu--
¡ W. R. LOXLEY & CO. (CHINA) LTD,
York Building.
Agents
Telephone: 34165..
HOLLAND EAST ASIA LINE
S.S. "MEERKERK "*
LOADING 7th and 8th OCTOBER
FOR
MANILA, SINGAPORE, ADEN, SUEZ, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG and OSLO
Agents:
ROYAL INTEROCEAN LINES
King's Building, Connaught Road Tels. 28015, 28010, 28017.
"WEEKLY CHINA MAIL”
CONTAINING ALL THE LOCAL NEWS OF THE WEEK FROM THE
"CHINA MAIL” &. "SUNDAY, HERALD"
Price 50 Cents
ON SALE EVERY THURSDAY.
་