R. I. L.
ROYAL
INTEROCEANTMTM
SINGAPORË, JAVÄ
PORTS and
MACASSAR
"TJITJALENGKA"
"VAN HEUTSZ"
"TASMAN"
LINES
ARRIVALS SAILINGS
25th Oct
1st Nov.
8th Nov.
"only to Bingapore, Penang and B. Doll,
MANILA, EAST &
SOUTH AFRICA &
SOUTH AMERICA
"TJIBADAK" *
"TJISADANE"
*TEGELBERG❞
ARRIVALS
27th Oct.
10th Nov.
1st Dac.
THE CHINA-MAIL, TUESDAY, OCTOBER -17, `1050.
FINANCE
Hong Kong Stock Exchange
Dull conditions prevalled on the Stock Exchange yesterday and trading was
The very small, undertone was fairly steady,
SAILINGS
In Port
20th Oct.
22nd Oct.
4, kesan Dân.
30th Oct,
21st Nov.
ig
not calling Manila and South America, calling Kon-oi-chang
O JAPAN
"TJIDODAS"
ARRIVALS
In Port
16th Nov..
SAILINGS
18th Oct. 24th Oct.
18th Nov.
4th Nov,
"TJISADANE"
"TEGELBERG"
Agents: HOLLAND--EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"RYNKERK"
ARRIVALS
SAILINGS
10th Oct.
9th Nov.
"LANGLES&COT"
10th Nov.
"MARICKERK"
early Dec.
9th Dec. early Jan.
Through B/L fued
to
Medlidenean and Northern
European porta
JAPAN
"RYNKERK"
"LANGLEESCOT"
"MARIEKERK”
KINGS BUILDINGSET
AAA CHINESE ADRESTS
THE WOKER
7th Nov.
7th Dec. early Jan.
22nd Oct.
22nd Nov carly Dec.
ONES:43 00152 TO 3280171273
ISTHMIAN LINE
(Isthmian Steamship Company, New York)
DIRECT MONTHLY SAILINGS TO NEW YORK
VIA LOS ANGELES AND PANAMA
"STEEL DIRECTOR"
.29th Nov.
SAILINGS TO SAIGON, BANGKOK &
DJAKARTA (BATAVIA)
“STEEL SEAFARER"
STEEL ROVER" "STEEL ADMIRAL'
HK Govt, Loans
Town (1031 & 2940) 15. 31 (1988) 955.
Banks
NK & Shaughal Bank 1.390b.
(Len. Reg.) £821 Chartered Bank £9 15/16n. Mercantile Bank A. & W. An Bank of Ers! Aria 107A.
Gantin luo, 2cub. luben Ins, de,
Insurancem
China Underwriters 4.000. HK Fire Ju, 145.
Shipping
Dougins 160n.
HK & Macro Steamboat 11m. Indo Chinas (ref.) 10.
Del.) En.
Sul (Hebrer) 68/n.
1aton Waterbuat
Aslu Nav. 70, 7214. Docks, Wharves, Godowns, Etc. IK & Kowloon Wharves källe, North Paint Wharves 15. Khoughal Hongkow Wharve 535b 1K Borks 15D.
China Providente 120. Shanghai Dockyards . Wheelocks bb, 251⁄4.......
Mining
Haub Mings 4.70n.
K Mins 01.
Lands, Hotels and Bulidings
H & Shanghai 8.105, 8.
1 Lenda 20.
Shangla Laude 1.40, 1
Humphreys Din.
IIK Reattles 2.18n.
Chinese Estates Lin.
Pubila Utilitlem HK Tramwaya 14a. Teak Tration (01) 122.
(New) 8.
Rist Ferries 75150.
China Lights (01) 12%, 140, 158.
(New) th,
Ti
IIK Metrics 2016b. 17uN.
Macao Electrica Ian.
"
(New) 10%
(Bonus B, 101in. Sandakan Lights an. Telephones (Ok) [2.
(New) 10%
Shanghai Gas-136.
Industrials
·Cold, Mues, (Ord.j 2234 Cantos Jers n.
Stores, Etc.
(New) 11.90b, 12am.
Watsons 260.
Cement 13b.
K topos 135,
.25th Oct.
Dairy Forms (Old) 19951, 14, 132kam ·
5th Dec.
"
1st Jan.
Salls N. Y. Sailed 27th Oct. 24th Nov.
Sails S.P. Due H.R. salled 24th Oct. 13th Nov. 4th Dec.
9th Dec. 30th Dec.
ARRIVALS FROM U.S.A.
"STEEL SEAFARER”
*STEEL ROVER”
“STEEL 'ADMIRAL'
SILMAN & CO., LTD.
Tel: 31146
Chineso Freight Agents:- IIIN FAT & CO., LTD. Tels: 28823; 25553 & 23483.
SWEDISH EAST ASIA CO.LTD.
ARRIVALS FROM EUROPE
4th Dec.
m.v. "BALI” m.v. "CEYLON"
.13th Nov.
SAILINGS TO EUROPE
31st Oct. 29th Nov.
m.v. "TONGHAI
m.v. "BALY”
m.v. "CEYLON"
FOR
¡end Dec.
ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA,
ANTWERP, ROTTERDAM, BREMEN, HAMBURG," ・・
COPENHAGEN, OSLO & GOTHENBURG.
Deeptanks avallable for Bulkell
GILMAN & CO.,
Tel. 31146
LTD.
THE EAST ASIATIC CO., LTD.
M.S.ANNAM
LOADING 25th OCTOBER
for
ADEN, PORT BAID, GENOA, ANT
TERDAM.
"HAMBURG, OSLO, GOTHENBURG & COPENHAGEN
THE EAST ASIATIC
LTD.
1. Crawforda 258, Sinceres 30.
China Emporium 815. Has Co., Ltd, 1.70m. Kwang Sons How Bin. Wing On (HK) 43. Wm, Towell, Ltd: En.
Miscellaneous China Entertainmenta 13, HK Constructions (Old) tlín.
~ ~~ ~~~~ (New) - 1,80¤; · Vibro Plus 11b, I Maraman Investments 0/-a, Maraman (2K) 76. Shanghai Loan .70. Shanghai Explor. 20. Yangtates 20
Ewon #15
Cottons
Rubber, etc. Companies
Alma Fatales 150. Anglo-Dutch asb.. Anglo-Javas 206. Ratu Anams 17b. Hute Pinatalions 10. Chemor United .40. Cheng Nubbers 208. Consolidated Rubbers 1.80b. Dominion Rubbern: Güb, Java-Consolidate·ls „Min. Kets Dative',080, Kroewock Javi Linnakuta dob,
206,
Padang Rubbers 17b, Repah Rübbetw· ‚18b. Rubber Truste Liidb. Hamagura Rubbers 66n. Grmambu Rabbers' 40b. Shauschal Kedaha üb. Shanghai-Mulaye 100, Shanghai Pabung 106b, Bhanghai Sumatras 1.20). «Hua Mangale .10. Bunzd Durie 115;
Think Morata zob, Abra.. Trbong Rabbora $43. Zlangbe 'Rubbers ',580.
BUSINESS DONE. (Direct business)
Wheelock 100 at #251%.
China Provident 200 at ste.
1 Land 188 at $12.
JIK & Shanelmi Hotel 1,500; at 88.30.
IK Tram 300-ml $13,90,-**
Chins Light (OM): 50% at $18. China Light (New) 201 at #7.13, 1,800
At 80%.
1 Electric 200, at 127,, *110 at $20%. Telephono *150 at $117,
Dairy Farm (Old) 600 st $11, $225 it $123, X00 at $28%, 200 st 1936.
Dalry. Farma” (New) · 100; a£ 112, 670
at $12.
Axin Nav, 1,000 st-121⁄2 conte, Vibros 500 at $11.
Tanah Merah 1,250 at 80 centa.
Money Market
TIN
AND
COMMERCE
AT A NEW
Now York, October 15.
The price of tin climbed to a new record high of
⚫ $1.12 a pound, and a statistical report showed smoltor sine stocks have dwindled to a 25
year low.
HIGH
SCRAP RUBBER GOES TO CHINA
San Francisco, October is, Scrap rubber is moving in increasing volume through Sau Francisco to Communist Chine.
These 'developments were highlights of the metals news this week as producers awaited the full impact of priority defence orders on a market already pinched by severe shortages and over-of Commerce showed that 2,000 -whelming demand;
So far, "do" orders have not reached primary metals sup- pliers in any volume. But they are expect-
signineant WOOL SUPPLIES
ed to gain momentum shortly.
Meanwhile, although the catab-| itsked market prices for most of
market
סאיי
to
Reports to the US. Department
tons moved through the port in September. This was 20 thucs July's volume, and equalled the total for of last year.
A consignment of 300 tons pr rubber scrap was being assembled here for loading on Monday on the Norwegian freighter Lisholt. It is destined for Taku Bar and Tsingtao.
The customs service sald such shipments are not subject to ex- port licence, that common rubber scrap can be sent to any place except North Korea
The only rubber banned from
whether plane tyres, export is
now.---Asso- used or scrapped.
OBJECTIONS TO COTTON ORDER
Washington October 18. The State Department has Tanufacturers and the major metals have been advised
held unchanged, gray traders they can continue firmly market premium prices are still obtain wool for their needs going up..
the customary manner in both Domestic copper, for example, domestic and foreign markets. was still officially priced at 24-1/2 The reassurance was given be cents a pound. But distress buyers cause of conflicting reports u forced to turn lo scrap for con- Government plans for procure;elated Press. version were reported paying 28) ment of wool The announcement to 30 cents for the resulting re-sald: fined metal. Some gray
arrangement is belog prices for refined have run even negotiated which would modity higher.
in any manner the way in which And zine, officially priced ut wool 13 procured by the US. 17-1/2 cents, East St. Louis, was private trane to meet the demand reported selling for 25 to as high for current military and civiliar 03 32 cents In outside deals. use. Accordingly, there is no Some of the activity in this out- reason why manufacturers and side market represented brokers traders should not continue t buying zinc concentrates in com-obtain wool for their needs in th petition with regular processors, customary manner to both domes at prices higher than the regular tic and foreign markets.
"Current milltary buyers can pay and still sell at] the establish producer
quota- tioned above does not refer to tions.
the war reserve which was Tin settled back to $1,11-1/2 authorized by a recently cancer here by the week-end. When the supplementary appropriations Lill, Korean war broke out, tin was Plans have not been complete: quoted at about 76 cents. During for procurement of this reserve.', World War Two, It was 52 cents.-Apsoriated Press.
The American zine Institute this week reported slab zine stocks'nt smelters fell to 10,267 tons by the end of September, a drop of 4,104 tons during the month and the lowest level since December of 1925 (when stocks were 9,000 tons.)
The prices
Major non-ferrous prices:
about
LLSC
RICE TRADE UP
21-
Washington, October. 15, The Office of Foreign Agricul- tural Relations in the Agricultural Department reported today that international trade in rice during 1940 showed an increase of about!
Tupelo, October 14. Representative John Rankin of Mississippi said today that he will ne Impeachment proceedings against the Secretary of Agricul ture, Charles Brannan, unless the order limiting the export of cot- ton is revoked.
Mr. Rankin objected strenu- ously to Mr. Brannan's action in Ilmiting exports to 2,000,000 bales through next March 31 to relieve the dontestle shortage and meet Increased military demands.
This artificial method of driv- ing cotton prices down below the is simply a vicious
Mr. Rankin
cost of Pot "If they
charged in a
bad let thus market alone, cotton would probably have gone to 50 cents
more, and a pound or should have done so."
Mississippi is one of the prin- cipal cotten growing States in the U.S.-United Press.
HUNGARY
metals live per cent over the preceding NEW PROJECTS IN
year. The volume of rice ship- was only ap- Copper. 24.50 cents a pound,ments, however, Connecticut Valley. Foreign same, proximately 45 per cent of the New York.
pre-war trade, largely the result
Budapest, October 15. The Deputy Prime Minister, Lead, 10 cents a pound, New of decreased production and un- Matyas Rakest, has announced York, 15.80 cents. St. Louis, for settled conditions in Burma and sonic details of major industrial eign 16 cents nominai, Gulf | **** Mexico ports.
Indo-China, formerly the
pal sources
ves of exports
world's
AMERICAN PRESIDENT LINES
The Global Fleet
St George's Bldg.
TO HONOLULU & SAN FRANCISCO
Gen. Gordon Pros. Wilson
Pres. Cleveland
TUL28172/5.
via JAPAN AN
Arr.
Oct. 18 Saliu
Arr
Nov. 3
Oct. Soila Nov. 4
19
Art
Nov. 27
Balls Nov.
26
via JAPAN
Arra
Art.
Nov. '6 Nov., 15
Salla Balle Nov.
Nov.
TO SAN FRANCISCO & LOS ANGELES
Prea, McKinlay Pros. Taft
TO NEW YORK, BALTIMORE & BOSTON
via PACIFIC COAST & PANAMA
Pros. Tyler Pros. Grant
Oct. 27 Arr Arr Nov. 15
28 Balls Oct. Balla Nov. 18
ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, COCHIN, - BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARBEILLES GENOA, NEW YORK BOSTON
and
Pres. Polk Willamette Vlotory
19 Balls: Oct. Oct. 18 Art.
Oct. 30 Arr. Oct. 29 Galls
BENYLINE
SHIP "BENVORLICH
"BENMACDHUP"
"BENALDER" "BENAVON" "BENVENUE"
"BENLAWERS"
TASM
JAN
ARRIVALS
FROM ..... U.K. via Singapore on or abt. 20th O-
DU
2nd N 14th N
1st-1
14th
tit J
"BENMHOR"
10th J
"BENATTOW"
17th J
"BENLOYAL” "DENCRUACHAN”
23rd J
29th J
SAILINGS
Loading on or r
"BENVORLICH" "BENALDER" "BENVENUE"
28th O
17th
17th
"DENWYVIS"
London, Antwerp, Rotterdam, & Hamburg
27th
BENMHOR"
14th
of
"BENATTOW"
21st
"BENLOMOND"
25th
..
"BENMACDHUI" "BENAVON"
"BENLAWERS"
"BENCRUACHAN”~
in Hungary's current projects Lve-year-plan. in in Zine. 17.30 cents a pound East
Writing in "Szabad Nep," the St. Louis, 18.22 cents New York, Asin, Europe and North America
of the Communist Party, organ foreign 21 çents nominal, Gulf in 1949, but declined in Africa Racoal said that the projects and South America. Exports ex- include two etcetical power plants of Mexico ports.
Aluminium, 10 cents a pound, ceeded imports in the Western in the Matra Mountain region:
hemisphere and Africa. Surplus Ingots, shipping points, pigs 18)
Danube countries of Asia shipped around (about 50 miles North East
л
Valley Budapest), cents.
6.400,000,000 pounds of milled Antimony 35.28 cents a pound, rice compared with 6,100,000,000 will be the largest of its kind in bauxite industry which, he said, cased in New York, 32 cents bulk
pounds the previous year-Unit-Central Europe, and an iron in- Laredo, Texas.
ed Press |---Manganese---48 per cent ore,
nearby contracts 70,8 to 31.8 cents"
a long ton unit (24 lbs.) nominal cit US. ports duty paid.
Ferromanganese, 78 to 82 per cent manganese, $172 to $175 a gross ton shipping point.
TOURIST INFLUX IN BRITAIN
New York, October 15. Nickel, 48 cents a pound, elec-
More than half a millon trolytic cathodes, Port Colbourne, tourists have visited Britain in Ontario. 51.22 cents New York. 1950 and another 100,000 are ex- Platinum, $100 an ounce, whole-pected before Decembor, Sir sule,
$103 retnil New York. Alexander H., Maxwell, Chairman of the British Travel and Holiday Association, announced here.
Silver, 72.75 centa an ounce, New York. 03.5 pence London. Tin, $1.11-1/2 a pound, New York.
dustrial centre on the Danube which will employ 35,000 workers in 1952. Reuter.
PERSIAN ORDER GOES TO UK
Teheran, October 15. The British steel industry has secured а contract to supply Persia with
cver £3,000,000 worth of railway track material. Britain got the order against The influx of American visitors strong French and German com- was running well ahead of last petition. The contract provides year. Sir Alexander said, with for the supply of 100,000 tons of 135,000 registered on immigration rails, sleepers and fasteninga, Tungsten ore," $38, a ton unit records in the first eight months described here an the largest (20 lbs.) nominal," New York. of the year compared to 105,000 order for such materials placed Domestic sheclife, $38.00 fob in the corresponding period of by any country for many years,
Quicksilver, $98 to $01 a plask (76 lbs.) New York.
mine Associated Press,
1940.-Reuter.
German cartels
not broken up
"The
pro-
The contract will enable the
Liverpool, Glasgow, Dublin,
5th
Antworp
6th
Rotterdam.
5th
3rd
*Accepts Cargo for Genoa, Accepts Cargo for Havre.
Omits Antwerp.
Via Singapore, Colombo, Port, Sudan, Aden, & BUCK
For Further Particulars, Apply To- W. R. LOXLEY & CO. (CHINA) LTE Agenti
Telephone: 2418)
York Ballding.
NOTICE TO CONSIGNEES
MAERSK LINE NOTICE TO CONSIGNE
M/V "CALCHAS”
"The M/V "PETER MAERS Damaged cargo ex this vessal Persian Government to completo will be surveyed at Holt's having arrived from New Y the Teheran-Meshed Railway, and Whart between 10 a.m. and and Ports of call, Consignees to link Tabriz, the capital of the noon on October 18 and 19, Cargo are hereby notified t North West Province of Azerbal 1950, and consignees are re-their goods are being lan Jan, with Teheran Reuter
quested to have their repre- and placed at their sentatives present during the and expenses into the
Kong Kowloon Whart Godown Company's godov survey.
at Kowloon, where dolly may be obtained us soon as goods are landed
INDIAN COAL FOR FOR AUSTRALIA
***Melbourne, October 10. The State government of Vic-
South
BUTTERFIELD,
& SWIRE,^ Agents.
Frankfurt. October 15, The official, Mr. Robert Hanes, The retiring chief of the Unit- added, however: nd States Marshall Plan for Ger-gramme is just getting started."toria will import 800,000 tons of Hong Kong, October 16, 1950. many said yesterday that the The Allies would not give up the coal from India Western Allies so far had failed effort nocded to carry it through in the next 12 months. In their attempt to break up the to success. great German cartels which help- ed Hitler on to war.
DEFENCE AGAINST
.
* SUBMARINES
New York, October 15.
The Navy Sceretary, Mr. Fran-
one
and
Africa
The coal will reinforce domestic coal stocks and will be distribut ed among public utilities and es
Mr. Hanes said that his re-
after. signation
year's ser- vice na ECA head in Western,sential Industries-Unlled Press, Germany was in the hands of the United States Hiah Commissioner,
Mr. John McCloy,
......
DIVIDENDS ON INCREASE
Washington,
October 15..
Optional cargo will not Jandert here, unless notice been given 40 hours prior vessel's arrival, but carried from port to port to the f port of call to which the opt extenda.
Corporation dividends in August No claims will bo admi U.S. EMPLOYMENT
rose 11 per cent over last year's after the Goods have left Washington, October level, says a Commerce Depart Godowns, Employment in U.S. Industry, ment report.
15:
"The programme of decartelis-
and all goods ing and deconcentrating Germac
maining undelivered M industry has not been successiu trade and other non-farm lines The report was based on pub October 21, 1050, will he so far," he said in an interview. reached an all-time high of Hely reported cash dividend pay- ein Mathews, sald, tonight that Practically no German industry 43,500,000 Jobs in mid-September, ments, which, the Department es- jest to rent. the United States was on the factually has been decartelised or the verge at solving the submarine deconcentrated. difonce problem.....
He added that problem
"But, now we have...started in/Sportau of Labour Statistics timintes to comprise about - two-]
Alch
The total number of employed
All brobber chỉ thirds of total dividend,** ****
The publicly reported dividends damaged Goods the No. 1 study of the Nuvy und
and wo have hopes of be-persons, including those on farm in Stalled $212,000 in the Godowns, 8191,000,000 in will be examine new devices emerging from the ginning on coal toon and in military service is now
The Farben low set up
320, 1000, at 10, decon- more than 61,000,000, US dollars slumped on the local
experimental stage promised to
More than 2,000,000 employees The Department said that for Surveyors, Messrs and the added
pay- market yesterday, dedingend is give anti-submarine warfare ad-centration procedures for the tuge after climbing to 30.28 dropped Reuter
Notes opened at HK80.27 and Vantages formerly held by modo sicet mensures include the break-wells rifice September last year the three months ended August Douglas
submarines over surface ships.
Associated Prela,
to $0.23 at the close,
TT opened at "EK30,3) and
closed at $6.2841.: Highest and lowest rates were $0.31
also lumped, i Industrial gold opening at HK4200 a tael, against $280 on Saturday," Closing rato was $283,4, ZUgliest "And inwest ruten word $782.70 "And":"79;
Australian'
10 cenu to 10$12.80.
ANGLO-DANISH AGREEMENT
London, October 16,
I
ing up of six large firms,
Cartel-amishing has been bit- torly attacked by West German industrial and Government Lead ers Including the German Chith
Adenauer. argue Wint carteis produce more because they by Mey: Hanca' said. howertr
that the dormatis, reślly pinto
colloreman."49hred"
C00
August 1949,
the announced dividends'^nt' =];">"} $1,000,000,000 total were eight To comply with per "Above comparable 1940, Bonded Warehouse ESTATES output
leather shower were, and consignees must hay
lower
lylder vanut" Officer Detalls of the September output payinents, liar a year ago, the when"daniagod da f the Malayan rubhe estates Department Bride Mort manu
red high managed "By: A. F' Bürklil and factu song, Choitedt, were announced dividend
und Denmark have intelliinate wasteful competition yesterday. The staticles are and sel
tho
del with duction of their traditional sys ROWANIA VERT Lems Nevertheless, he said,
lace induction and markotE WEZ
Heptember, Francisi yadr to diss
monthey
are examined.
糕