R.I.L.
OYAL
INTEROCEAN LINES
SINGAPORE, `JAVA
PORTS and
MACASSAR
IBADANE"
SMAN".
TJALENGKA"
AN HEUTSZ" •
[ISADANE"
F
ARRIVALS
In Port In
Port
22nd Nov.
7th Dec,
.21st Dec.
SAILINGS
24th Nov.
ist Dec.
10th Deo. 17th Deo.
26th Dec.
• Only to Singapore, Penang & B. Deli.
MANILA, EAST &
SOUTH AFRICA and
SOUTH AMERICA
¿GELBERG"
IKAMPEK"
YB"
JAPAN
GELDERG"
TKAMPEK"
UYS"
ARRIVALS
.In Port
.. 15th Dec.
ARRIVALS
19th Nov,
8th Dec.
4th Jan. '51*·
THE CHINA MAIL, FRIDAY, NOVEMBER 17, 1950.
Slide-down Tendency Now Record JARDINE, MATHESON & CO.,LTD.
In U.S. Stock Market
New York, Nov. 16.
The stock market closed in the red today for the first time in seven sessions. Numerous issues took a brace in the final hour, however, and cither reduced their losses substantiáliy or veered over into the plus column..
PHILIPPINES
BUYS MORE
SAILINGS FROM JAPAN
20th Nov.
7th Dec. 10th Jan. '62
SAILINGS
19th Nov. 20th Deo.
gents: · HOLLAND EAST ASIA LINE
EUROPE via MANILA
and MALAYA
ANGLEEBCOT"
MARIEKERK"
Through Ba/L issued
ARRIVALS
ZZnd Nov.
Mld Dea.
to
fediterranean and Northerra
European Porta.
APAN
NGLEESCOT
【RIEKENF”
ARRIVALS
11th Dec.
8th Jan, '1
*SAILINGS
12th Dec 10th Jan. '1
SAILINGS
25th Nov. Mid Deo.
"KISCOSEBÜLBINGET BLED BONUST 2015 TO 280172
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
EW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis
BAN FRANCI:00, LOS ANGELES AND PANAMA
NEXT SAILINGS
MS. · "PETER MAERSK”
M.S. "LEXA MAERSK"
MS. "SALLY MAERSK”
Manila, Nov. 10., The Secretary of Commerce and Industry, Mr Cornelio Bal- maceda, commenting on the reports that barier trade be- tween the Philippines and Japan was unfavourable to the latter country, disclosed that Philip- pine importers have been in- creasing their purchaso Japanese goods..
Buying spurts helped to reduce losses contracted
earlier in the day, but for MILL
the most part, the market coasted along at prices well
below Wednesday's closing
levels.
Utilities, copper mining and
the
BUYING
GIVES BOOST
TO COTTON
mail order stocks put up best resistance to the general trek to lower price ground.
New York, Nov. 10. Plus signs appeared frequently in these categories.
Cotton futures displayed Automotive shares led the early strength today, but later general retreat, in which steels, reacted sharply umier profi- radio television, chemicals,
taking and hedging. building materials, railroad, and building materiale stocks also participated.
Dow Jones averages:
of
20 Industrials
228.04
15 Rails
10 Utilities
* 68.74 40.60 Aociated Press. CURB EXCHANGE
On the initial upturn, miil
as $1.70 a bale.
buying rent prices up as much
Exporters believed Spain would
Don seek cotton here, following news that the Export- Bank will extend loans Import to Spain
Increased profit-taking and hedging depressed futures to new lows for the day at the close, five to 75 cents lower.
On the date of import com. trol, the administration and the Central Bank of the Philippines
New York Nov. 16. revealed
of Limport the value
The curb exchange also ran licence applications surpassed
Into a selling drive, and losses the total value of export ap-ranging to more than US$1 December plications approved during the share appeared for such stocks March period of August to September, as Cities Service, Dumont A. May Secretary Balmaceda said.
Ford Motors of Canada, Now July that Jersey Zlac, Sherwin Williams
October. and U.S. Foll B-Associated December Press."
Tho
igures showed Philippine exports to Japan de- creased from 4,500,000 pesos in August to 2.500,000 pesas in
September when imports from same
Japan Tore during the period from 3,500,000 pesos to 6,000,300 pesos.
Mr Balmaceda said he be- Ileved that the balanced two- way trade, envisaged In the barter agreement which becanie effective last July, can still be achieved.-United Press.
HONGKONG
SHARE MARKET
In this morning's dealings on the Hongkong Stock Exchange, the total value was $102,849.25. Noon quotations were: BHARES BUYERS SELLERS BALES BANKS
In Port
Dec. 4
Dec. 17
HK Bank INSURANCES
ANKS OF ALL SIZES AVAILABLE FOR BULK ON
ARRIVALS FROM U.S.A.
IMS. "SALLY MAERSK”
M.S. "ELLEN MAERSK"
MS
MARCHEN MAERSK”
Nov. 19
Nov. 24
Nov. 30
or Freights and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Pedder Building
Tel. Nos. 26661-3.
Union
Underwriters 3.20
DOCKS, ETC.
1350
K Wharf.. 01 93
N. P. What BIS Dock Provident
1432 1 1000 @ 1415
3.40
8'hal Dock. 3% 3% 1000 1.AND, ETC.
HK Hotel.. 7.40 7.5 UTILITIES
Tram .....** 13 1311
Star Ferry
70
C. Light (0) 1416 500 # 1411
C. Light (N) 0.10 0.00
Electric .....
2014 200 204
2250 23
11%
9.70
13% 14%
-AMERICAN PRESIDENT LINES
The Global Fleet
Telephone INDUSTRIALS
Rope
Cement
STORES, ETC.
Datry
Dairy (N)
Watson
ST. GEORGE'S BLDG.
PHONE 28172/5.
TO HONOLULU AND SAN FRANCISCO via. JAPAN
"PRESIDENT CLEVELAND" "PRESIDENT WILSON"
TO SAN FRANCISCO AND LOS ANGELES via JAPAN "PRESIDENT MADISON"
15 300 141
205 A 141
200 a 14
13 213312;
Grain Prices
Chicago, Nov. 16. Prices of grain futures closed here toxiay as follows:-
Wheat-price per bushel.
Arr. Nov, 21
Balls Nov. 28
Arr Dec. 18
Salla Dee, 19
Spot
December
March (1951)
May
Atr. Nov, 24
Bas Nov. 23
July
Com Spot December
March (1951)
May
July
Rye
May (1051)
TO NEW YORK, BALTIMORE AND BOSTON via PACIFIC COAST AND PANAMA
Art. Dec. 9 Balls Dec. 10
**DARTMOUTH VICTORY"
BOUND-THE.WORLD
Via Manits, Singapore, Colombo, Cochin, Karachi, Suez. Port Said, Naples, Marwellies, Genoa, New York & Boston, **PRESEIDENT JOENSON" .........Arr. Nov. 24 Bails Nov. 25
S. A.
arting from Tuesday 21st November, 1950,
S.A.C. will operate
every Tuesday
an extra DIRECT flight
to
RANGOON
Facilities; good sorvicos, natisfaction guaranteed
For full particular, please apply:
A General Agents:
BUTH EAST ASIA Trading Co., (Siam) LTD.
69. Connaught Road,
24292
December
27354 2.2636-14
-933-2323 2.20
1.02
1.61%-% 1.64 1.04%%% 1,03%
1.5214-1.52 1.8945-19 Oate December
$556-03 March (1051)
94 New York four-(per 200 ib mack.) was quoted at $12.40-United Press.
Bank Of France Statement
New York Textile Market
The
March
42.77-79- 42.40 - 42 42.00 - 42.02 41.36
30.78-70
36.35
30.16 nominal 43.72 Associated Press,
Middling spot
NEW ORLEANS PRICEB
New Orleans, Nov. 10. Cotton futures closed 10 cents
bale lower to 10
2
higher.
March
Documber
May
July
October
Wool Price
Sydney, Nov. 16. "A world record price of 200 pence (Australian cur- rency)'s pound was paid at the Geelong, wool sales today for four balcs of Merino Beece. Two bales of Lamb's wool made. 351 pence a pounded the
Busbla
crossbred wools. market for
prioes ruled In Brisbane where scoured wool brought up to 380 pence and groany 208,- Associated Press,
Soybeans
Rally In Chicago
Chicago, Nov. 10. Soybeans, off several cents at one time on the Board of Trade today, rallied following the news
the that
Commodity Credit Corporation was in the market for crude soybean oil for the first time in several months. It was buying oil for shipment to Austria.
Wheat showed resistanco to selling pressure, but closed 1⁄4 to
lower,
December
March
MAY
July
Corn, December
Oats, December
Ryo. December
Soybeans, November
822034-14 *4.33%
2.33-323
2.20
1.0136-
0.051-03
1.02-31.03 2.01 -$2.87%
-Associated Press.
cents Economic Aid To
42.07
42.23-26
42.08 - 8T 41.20 36.72 bid Spot cotton closed $1 a balo Jower.
42.45 ----Associated Press. RECORD HIGH
New York, Nov. 10,
textile market | Middling cotton was steady today, as buyer in- Of- terest in goods broadened. ferings in both first hands and resale markets were tight which limited sales. There was A good demand for print cloths, sheetings and broadcloths.
The wool goods markat was
Arm, However, there was not much activity.
were steady. Rayon goods Prices moved higher on some constructions. There were re- that some of the European ports countries will prohibit the ex- port of staple yarns in the first This quarter
next year.. would tend to reduce the sub- stantial rate of rayon staple im- ports here and further tighten up the yarn supply situation. Associated Press.
AMERICAN
COTTON
FOR JAPAN
Indonesia
Washington, „Nov, 16.
FREIGHT AND PASSAGE' DEPARTMENTS .18 Peddor Straat; Tel: 80371.
INDO-CHINA S.N. CO., LTD.
1. "WINGBANG"
SAILINGS TO
Keelung
"HINDUSTAN" Japan
14. "TAKBANG" 8. "HANGBANG" "ka "OHUNSANG"
E.. "WOSANG"
́s.s. "TAKBANG" kaa "HANGGANG”
LL "EASTERN
QUEEN?
Straits
Noon
19th Nov. '20th Nov.
Tientsin
22nd Now.
Jewelton & Bandakan
22nd Nov.
Sandakan (Direct)
23rd Nov.
Rangoon
A
Calcutta
27th Nov.
ARRIVALS FROM
.Tientsin
12 p.m. 17th Nov. 19th Nov.
apan e Keelung
.....Calcutta & Straits .... 21st Nov. Cargo accepted on through Bills of Lading for MAORAS & PONDICHERRY via ingapore and for KŪDAT, JEOBELTON, LABUAN TAWAU, LAHADDATU A SEMPORNA પ. Bandakan.
F
AUSTRALIA CHINA LINE LTD.
** "BALUCHISTAN"
SAILINGS TO
Yokohama, Yokkalchi, Nagoya & Kobe
24 Nov.
*1.0. "EASTERN GLORY"
Brisbane, Sydney, Melbourne, & Adelaide
1st Deo.
*m.v. "KAFIRISTAN"
Lao, Brisbane, Sydney, Melbourne & Adelaide 12th Dec.
ARRIVALS FROM
*.*. "BALUCHISTAN"
Australian Ports via Salgon
* "EASTERN GLORY"
Australian Porte via Japan
22nd Nov.
.......... 20th Nov.
*Cargo accepted on through Bille of Lading to Tasmania, New Zealand and Pacific Island Porte,
GLEN LINE LTD.
SCHEDULED BAILINGS TO UK AND CONTINENT
m.v. "GLENORCHY"
Loads at Kowloon Wharf 18th November, salls 21st November, for Straite, Colombo, Aden, Suez, Port Sald, Genoa, Naples London, Rotterdam/Amsterdam, Ham-
• burg, Antwerp. Due London 1st January. m.v. "GLENARTNEY"
Loads 4th Decembar, walls 7th December for Straite,- Colombo, Aden, Suez, Port Bald, Tangier, Casablanca, London, Antwerp, Rotterdam/Amsterdam, Hamburg- Due London, 14th January,
SCHEDULED ARKIV ALS. FROM LONDON
The Secretary of State, Mr | (Carriers option to proceed via other ports to load/discharge cargo) Dean Acheson, today assured the Foreign Minister of Indo- ncaia that the United States would give the young republie all the economic old it could.
Memphis,
The Minister, Dr Mohammed Bum, who is touring Wishing- Tennessee, Nov, 16. Middling spot colton soared ton for the first time, paid to 43.05 cents pound here on courtesy call on the Secretary Wednesday, setting a record and later told reporters the high. In 1918, it hit 48 cents.velopment of Indonesia to be Secretary considered the "de-
Associated Press.
PHILIPPINES
TRADE
Manila, Nov. 16.
Limportant."
[very was optimistic that the
United States will give assist- ance wherever it will be pos- sible," he added.
Dr Rum said Indonesia's bid for membership in the Far Eas- tern Commission was not dis- cussed at the 15-minute meeting. nor was, the situation in Korea. between Philippines and the promised by Mr Acheson would The extension of free trade He explained that the assistance United States to develop the be in the form of ECA and major sugar, cocoanut and homo | Point Four ald.—United Press. industries of the country will
the
LONDON TIN
MARKET
London, Nov. 16. The tin market opened de- cidedly weaker today. Tumover was heavy at 220 tons, including 30 tons for cash.
Trices closed as follows:
1,020
1,025
1,020 buyer 045 lin, weiler D70
900-970 1,020
bo
ught by a group of legiş- lators, it was reported today.
The Senate Committee on Foreign Affairs is reported to be preparing to seek important to namendments the
present trade agreements with the United States us means to pro- tect the country's principal industries.
Senator Enrique Magalona e said to have aiready drafted Washington, Nov. 16. resolution to request the US. Spot un, buyer, The United States let Japan Congress to extend the free 8pat tin, weller
Business done at have 103,000 bales of American trade agreement between
Three-menths tin, cotion during September, thus tan countries. The free trade Three-months adhering to its announced in will terminate in a few years Business done at
to make
that SUTE.
under the tention
the Bell. Trade Act. Settlement
Act, and Japanese mills
extension is.not granted, get sumclent the Abre
of the its textile uthe major industries to keep dustry fully alive.
islands will suffer severely un- Army economic experts ad- lose they ministering the U.S. economic for Japan Bre ald programac hoping to ship that country at least 1,000,000 bales of Amerl- con colton during the calender year ending next July 81, How- ever, due to the small produc- tion this year, Agriculture. De- partment cotton export control authorities have sliced to an
bales estimated 625,000
the
and other foreign TIN,
markets, legislativo members said United Pres.
JAPANESE BONDS
-United PreŻN.
RUBBER 'DIP DOWN
Singaporo, Nov. - 16. Tin and rubber prices dipped sharply today Па demand Blackened. Tin cold at Straits $523.625 per pleut of 1938 pounds, down.. $11.375. from "London, Nov. 16.
Wednesday's $535. The Straits Japanese bonds closed as dollar is roughly 35 (U.5. cents. amount for Japan for the year much as two points lower Spot loose rubber. brought ending next July--Associated
Exchange $1.97 Straits, a pound, · off 13 the London Stock Press
The market. today.
was gents-Associated Preis. regular .. in the faco [of wat
U.S. FOREIGN EXCHANGE
San Francisco, Nov. 10.
Foreign exchange rates
Amsterdam'
Jakarta
Bombay
Hongkong
Philippines
Paris, Nov. 16. The Bank of France' state.
Singapore for the week ending ment November 8, reads as follows: Total gold holdings 100,704,772,340 Jotel of other eurem kaj
rències
4,030,428,502
·Sight-balances abapad 140,027,023,800 Advance to. qurzenicy stabileston fund
7301 disccranted
31
000,000,000
Trance and abroad 300,013,144,174 Noles in circulation 1,400,240,000 553 Current socorria
deposita
164,260,700,720
-United Press.
London Rubber
Lention," Noiz. 163 Prices of rubber futures hore closed today as follows:- No. 1 rubber, (in cents
per Ib.)
December
January/March (1951)
April/Jung
July/September
世界
T3.00
33.00
21.00 17.50
-Associated Press. U.S.—SWITZERLAND ****
New York, Nov. 16. Closing foreign exchange: Switzerland, 22.03, Ago clarind
Press,
Bank Closing Quotations
new
from the Far East.
*#
British Government bonds
were lower. and there was NOTICE TO CONSIGNEES
dullness, in mining shares. · In-}\)
dustrials and oils closed with
small gains.
The Financial Times index
was 118.0, oft 0.1--Associated Tress..
NEW YORK PRICES
FROM JAPAN
Consignees per ship
"BANGOLA"
are hereby notified that their cargo New York, Nov. 16.. will be discharged into the Hong Japanese bonds slipped Kong & Kowloon Whant & Godown Ground point generally for Co., Leth, where it will lost DON
algooer riak pod experies and sub- day,Traded here on Monday jest to firma _and__conditions of for the Orst Ume ince Posti storage of the Hong Kong & How- Joon Wharf & Godowns Co. Ltd. Harbour, Japan 311⁄2-percents The carpe is xpected to be ready were down. I at 55% and the for delivery from the Godown on Tokyo City 5 were down 11⁄2 and ader the 17th Nov. 1960. at 40-Associated Press,
Anglo - Palestine Bank Shares
Cargo is considered as being ac; pepted in good order and condition
consiguens.. - unicor broken chated and damaged packages, aDO left to the Godown for subsequent examination. by Mesme Goddard d Dougies in the present of con- signors, at 10 am, on the 21st Nov..., 1950.
with [To· Comptr
the General Bonded Warehouse Remilation, con- signees must have a Devenue bricer in attendends when dullable goquia are examined..
New York, Nov. 10;
London, Nov. 10. Bank closing quotations;
Directors, :-of thongio Bank of America vezes 2014 hiď
Palestine Bank have issued a 373% askod 50% 114 reminder to the holders of “A” Chao National Dink
20 ordinary shares that they havo National (City › Bank, J.
only until November 22 to accept. All damaged cargo claims against Associated Press.
the proposed transfer of their the steamer must be presented to securities into sharts. So for underelmed on or before the
7th Dea. 1000 or they will not be only 40 percent of "A" ordinary recognised. J have boon
for registered"
No. o insurance will be effected. transter whereas po porterí must be so recorded: if:” the « No laitmal will be admitted after achomo is to be implemented; | the goods have been takess delivery Đá, pay ships sido, or, alternatively ak 90 percent of Cordinary. The Hong Kong by Kowloon Whart have approved--Uilted: Press? Atrodown Comptembra uniesam dodam ? murmuy hat #previously, beari #ested
61-03 .5435-00
40 nominal
Prem,
N.Y. Rubber Prices
Exchange Rates
»News:York, Nov. 16. Cruds- rubies (300) 4 futurom Durine was done in Ape font plowed #1.85 low unofficial" „excharigu market morning at itse kollowing "ching:
March
Indonesia mallöwen (sire: 1003 ENDOG TR
Copper • Prices
New York, Nov.,15
futures, slowed th
L
MACKINNON) 'MACKINEN & CO.
m.v. "BRECONSHIRE" m.v. "GLENEARN" m.v. "GLENGARRY" m.v. "RADNORSHIRE"
Leave Londań !
INTERMEDIATE SERVICE
Balled Salled 21st Nov, 5th Doo.
Sailed
Duo H.K. 28th Nov.
8th Doc.
25th Nov.
13th Jan.
8th Dec.
m., "FLINTSHIRE"
PRINCE LINE LTD.
ÀRRIVALS FROM US. ATLANTIC & PACIFIC_PORTS
m.v. "BRITISH PRINCE""
m.v. "EASTERN PRINCE"
Salis N.Y. Gaile B.F. Duo H.K. Balled 16th Nov. 12th Dec. 14th Nov. 3rd Dec. 30th Deo,
EAST. COAST, CANADA & U‚ß‚Ä‚ vìa BUEŻ
m.v. "BRITISH PRINCE"
boada 18th Deck, for Japan, Philippines, Jaya, Binga: pore, Straite, Colombo, Halifax, Boston and New York. Voise! may call at Salgon and' Slam. m.v. "EASTERN PRINCE"
Straits.
Londe 30th Deo,, for Japan, Philippines, Java, Balgon and Blam subject to Inducemont,
Colombo, -Halifax Boston and Now Verkko ngalan Cargo 'for St John (N: B.) Montréal and Bermuda with tran- shipment at Hallfax or New York.
All the above subject to alteration without notice. All intending." Passengers should register thole namos as far as possible in advance of the time at which they wish to leave.
PACIFIC TRANSPORT LINES
ARRIVALS FROM SAN FRANCISCO
TRANSPORT" 8. "HONGKONG
TRANSPORT" "PACIFIC 3.6. "AMERICA TRANSPORT" TRANSPORT" ... "CHINA 1. "PHILIPPINE TRANSPORT""
›Galle. 6.P. *
Balled 11th Nov 15th Nov.
23rd Nov.
Duo H.K. 20th Nov.
8th Dec.
25th Dao.
24th Dec.
1946, poc. 19th Jan.
TO TAKUSĄR, “NAGOYA, SHIMIDZU, YOKOHAMA &
B"HONGKONG TRANSPORT"
U.3.A.
Balls B.F.
Duc H.K.
20th Nov. 15th Dec.
TO TAKUBAR, KOBE, NAGOYA,
SHIMIDZU, YOKOHAMA, HONOLULU, & U.S.A.
.. "PACIFIC TRANSPORT"
Salla H.K.
8th Dec.
Through bills of lading issued to any Port In North America to South American-Porte
Due B.F. 3rd Jan.
JARDINE, MATHESON & CO., LTD. 18 Pedder Streety
The Tel: 80811
WATERMAN
STEAMSHIP CORPORATION
MOBILE ALA USA
WATERMAN LINE EXPRESS FREIGHT SERVICE
FROM US. ATLANTIC COAST VIA JAPAN
SS. "ALAWATA
NW
10th Nov. 1950
Duo about DIRECT FOR NEW YORK, BALTIMORE & PHILADELPHIA VIA JAPAN & HONOLULU.
65. "ALAWAI
Balla about ... 20th Nov, 1964) ALSO ACCEPTING TRANSHIPMENT CARGO FOR GULF PORTS
WALLEM
CO., LTD.
Buldior