R. I. L.
ROYAL
INTEROCEAN
SINGAPORE, JAVA
PORTS and MACASSAR
"TITTJALENGKA” "VAN HEUTS2” •
TJISADANE"
TASMAN"
ARRIVALS
.In Port
.10th Dec
.21st Deo.
.23rd Deo,
not calling at Singapore,
LINES
SAILINGS
10th Dea. 17th Bro.
20th Deo.
• Only to Singapore, l'enang ♬ D. Dell,
⚫ MANILA, EAST &
SOUTH AFRICA and
SOUTH AMERICA
TJIPONDOK"
"TJIKAMPEK”
"RUYA"
"BOISSEVAIN"
• JAPAN
**TJIKAMPEK"
**TJIPONDOK"
"RUYS"
"BOISSETAIN"
ا.
ARRIVALS
7th Dec,
19th Doo. 18th Jan, "51
ARRIVALS
8th Dec.
4th Jan. 'BL
5th Mar, '51
Zud Jan. '51
SAILINGS
10th Dec, 10th Jon."51 7th Mar. '81
SAILINGS
10th Deo.
22nd Dec.
23rd Jan. 'DI
Agents: HOLLAND EAST ASIA LINE
O EUROPE via MANILA
and MALAYA
"LANGLEESCOT"
"MARIEKERK"
ARRIVALS
In
Port 15th Dee. Mid
Jan '1
“MELISKKIK”
Through Ba/L fasted to
Mediterrancan and Northern European Ports.
ARRIVALS
18th Dea.
• JAPAN
"LANGLEESCOT”
"MARIEKERK"
→MELISKERK”
7th Jan, '51 9th Feb. '51
SAILINGS
19th Dec,
11th Jan. 51
10th Feb, ‘51
SAILINGS
4th Dea.
19th Dec, DHC Jan. '81
KINOSEBUILDING, THEEPHONEYE MUIS TOEBUI
CHODE TRETËSI
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via
SAN PKANCISCO, LOS ANGELES
AND
NEXT SAILINGS
+
M.S. "LEXA MAERSK"
M.S. "SALLY MAERSK” M.S. "MARCHEN MAERSK”
PANAMA
Dec. 4
Dec. 24
Dec. 30
TANKS OF ALL SIZES AVAILABLE FOR BULK OIL
ARRIVALS FROM U.S.A.
M.S. “MARCHEN MAERSK” M.S. “ANNA MAERSK” M.S.
"GRETE MAERSK”
In Port Dec. 18
... Dec. 28
For Freights and Further Particulars please apply to:-
AGENTS:
JEBSEN & CO.
Podder Building
Tel. Nos. 26661-3.
Communications and Industry
HOW A LOCAL AIRLINE HELPS A COUNTRY PROSPER
Dosd communications no only follow a country's growsh—often, they musí pracuole it; just as the railway opened up America's Golden West a, today, In British Bomeo for instance, C.P.A.'s sögular flights to Hong Kong set in motien the Wheels prosperous industry. This is C.P.A‚'■ wide in the Far Eas—as the Őrient's local airline.
Cathay Pacific Airways
viro: Fuugen, sali 3:336, 1/100 Braight, mit F0260,"
27-27
THE CHINA MAIL, MONDAY, DECEMBER 4, 1950.
More Wolfram For Portugal
Lisbon, Dec, 2. Portugal is again look- ing to her wolfram pro- duction, which has been on the down-grade since the end of the war.
Portural is one of the world's few suppliers of
thaterial this
for
in - Important tdingsten, war material. Foreign de- mand for wolfram sunk sharply Bin100 the war-United Press,
US Scrap Rubber For China
Crisis
11.
Accentuates The JARDINE, MATHESON & CO.,LTD.
Raw Material Shortage
(OUR OWN CORRESPONDENT)
London, Dec. 1.
If the now Korean crisis has not made raw material short- ages any worse than they wore it has certainly accentuated them. The critical situation resulting from the Chinese counter- offensivo has thrown the ball back to those governments which hoped that the commodity shortages could be solved without re- sorting to wartime measures of control.
This is obviously not the time for procrastina- tion and governments must now take the very action they were anxious to avoid.
After several weeks' evasion the British Govern ment is now definitely thinking along these lines. The Ministry of Supply has stated that consideration is being given to the introduction next year of an allocation scheme for zinc.. This schome may be ex- tended to include all non-ferrous metals.
1
HONGKONG
SHARE
MARKET
Business transacted
on the Stock Exchange this morning was valued at $15.225. Business done and the noon closing rates were as follow:-
Washington, Dec. 3.
After this announcement wa Possible action by the OEEC Senator Herbert R. made the President of the Board seems to be limited to those O'Conor, Democrat, Mary- of Trade, Mr Harold Wilson, commodities which are produced that in Western Europe. They could land, said today that 10,- told a House of Commons
was alrently reeling under the do this in various ways. They 500,000 pounds of scrapect of the sudden serious turn could
1tmalt consumption to rubber has been shipped of events in Korca that if essential users, take stops to SHARES BUYERS BELLKO: BALES from the U.S. to Red China shortages of materials for which increase the production of raw in short supply, since the Korean war began the Board is responsible develop, materials and demanded it be halted. special allocation arrangements develop new synthetic materials will be introduced as necessary and increase the output of exist-
to reo that prioritying substitutes, Mr O'Conar sald the ship-in order ments increased after the out- users have first call on available break, and added in a prepared supplies. He hoped to make a statement:
fuller statement later.
was issued 13
rayon materials."
Whatever means
GOVT LOANS
314% (1048) - MOIS
BANKS
10
FC Bank.. DOCKS, ETC.
13-40
of colving
00
ง
100 0 24
500
7
1.35
000 @ 1232
2.00
the problem are decided on- and they may include stringent monetary control to make impossible for non-essential users to finance large stock of
SALE
XC, Whart Dock S'ha Dock Wheelook LAND, ETC.
HK Hotel S'ha! Lond
UTILITIES
C Light (0) 121% Xd C.L
C. Light (N)
Xd. C.R
Electric Telephone ...
INDUSTRIALS
"Even If, as is alleged, it is: Mr Wilson also said he was being used only to make sandals, "going into the question of cot- that in itself could be a highly ton waste, cot.on yarn, and strategic war use, inasmuch as
materials they will not it would enable thousands of
be easy to impose without Chinese Red soldiers or their Apart trom certain raw
reverting to wartime economy. supply line coolies to keep on materiala-like cotton, sulphur, the march."
wood-pulp and base metals of The common donger arising Senator O'Conor's statement which shortages had developed from the events of the past few the Commerce before the Korean war began. days should, however, serve w Department prepared to extend there is a long list of commodi-reconcile those conflicting in-
in short terests between
nation and its licensing controls to all goods tics which
nation, of producer
STORES, ETC. Bod con- destined for Communist China. supply as a direct result of the
sumer, which havo hitherto The Department announced on war.
seem im- Saturday that licences would he Sun-
made any agreement possible. required after midnight on
all day for
shipments. proposed Mr Nathan
Ostroff, General Counsel for the Commerce Deziment's Office
of Inter- Trade. fold
are now
In certain commodities there would actually be a surplus if normal. But conditions were
these war fears have turned potential surpluses into short- re- ages. Scrambles have developed exten- for what supplies remain after to all commo-stock-piling and defence
nauirements have been met, with chinery to enforce an absolute the result that prices have been rmbargo against Communist China if this Government de pushed through the roof. cided one is necessary,
porters
thrt the
on of controls the
dities will
But Mr Os'Toff assumed that licensing of further scrap rub-
INCREASING CONCERN
500円
1.9
ден
areas
In the case of tin and rubber. ber shipments will depend on this scramble has been the amounts proposed, unless a centuated by the fear of war decision is reached to stop all spreading to producing exports
of every kind to the and the cutting of supplies Chinese Reds.
altogether. This is the reason Rubber soled canvas shoes why the
rubber price of were displayed to reporters at advanced by Ed a pound-a
reacted
Cement..... 291%
Dairy * 1235
Dairy (N) 1114
Watson
Sinceres
Emporium
fashion. Cotton
ព
FREIGHT AND PASSAGE DEPARTMENTS.
10 Padder Strast, Tel. 80311.
INDO-CHINA S.N. CO., LTD.
4.4. "PRONTO"
0.3. "EASTERN
QUEEN"
BAILINGS TO
GE. "WINGBANG”
Noom
Tientsin
6th Dec, 12th Dec.
Singapore & Calcutta Japan
12th Dec.
18th Doo.
Sandakan
24th Doc.
ARRIVALS FROM
. "KUTBANG" && "HANGBANG"
... "PRONTO" "EASTERN QUEEN"
... "KUTOANG"
Tiontain
Japan
Calcutta & Strálta' J,
7th Doo.
10th Dec.
12th Doc.
Cargo accepted on through Difla of Lading for MADRAS PONDICHERRY vie Singapors and for KUDAT, JESSELTON, LABUAN, TAWAU, LAHAD DATU- Sandakan.
SEMPORNA
AUSTRALIA CHINA LINE LTD.
*m.v. "KAFIRISTAN"
SAILINGS TO
via
Lao, Brisbane, Sydney, Melbourne & Adolatdo 11th Deo.
ARRIVALS FROM
m.v. "KAFIRISTAN"
Japan
10th Dec. *Cargo accepted on through Bits of Lading to Tasmania, Now Zealand and Pacific Island Ports.
GLEN LINE LTD.
SCHEDULED BAILINGS TO UK, AND CONTINENT
m.v: "GLENARTNEY?"
Loading at Buoy Á1. 3rd December, sails 7th December for Straits, Colombo, Aden, Suez, Port Bald. London, Antwerp, Rotterdam/Amsterdam Hamburg. Das Lon- don, 12th January.
m.v. "BRECONSHIRE"
Loads 22nd December, Balls 24th December, for Straits, Colombo, Aden, Buer, Port Bald, Alexandria, Genoa, London, Rotterdam/Amsterdam, Hamburg aod An- twerp. Due London 1st February.
(Carriers option to proceed. vis other parts to load/discharge cargo)
SCHEDULED ARRIVALS FROM LONDON ·
Leave London"
Duo H.K.
m.v. "BRECONSHIRE"
Discharging at Holts Wharf.
m.v. "GLENEARN"
Ballad
10th Doo.
m.v. "GLENGARRY"
Salled
28th Doo.
m.v. "RADNORSHIRE"
6th Dec,
10th Jan.
INTERMEDIATE BERVICE
m.v. "FLINTSHIRE"
Salted
11th Doc.
600 @ 3.10
50 @ 01
Futures
In New York
SPECTACULAR REACTION
The Stock Exchange
the midweek news from
in spectacular Koren
ush Furas fell by as much in the £2 and the drop Financial Tinies' Governmen! Securities Index of 1.20 to 106.81 was the biggest recorded in any one day since July 1949. Nearly all industrial shares were marked down and the inclined in a quiet market. At the dustrial ordinary share index close, the list was unchanged to
40 points lower. The casinos registered its biggest fall this
in old crop months reflected year.
renewed fears that price controls
Despite 'the drastic marking
of share prices down
New York, Dee, 3. New crop months ruled steady while old crop deliveries de-
to dismay soor. be imposed,
Prices closed
the Pentagon recently as the fantastic increase for one day-courage setting prices slumped
soon after Thursday's "ollows:--
kind worn by Chinese Com- and tin by £60 a ton when the troops. Associated news of the Chinese
munists Press,
Pres. Wilson Due
$5
The
President (American President
counter- offensive was received in London.
too
again
opening as sellers came forward, Spor
Every section
of the Market December
March (1951) was hit. Home industrials lost. October
to 25. ed., olls stumped, December Western European countries, up
rubbera were marked. down March (1052) which are now trying to build up
May other their defences while endeavour-drastic-lly, Kars and ing not to upset their already gold shares fell away and losses álso registered in much, were Wilson strained economics Lines) are becoming increasingly con- diamonds. Far Eastern tin lasues sufled from Los Angeles on cerned about these raw material and coppers. Nov, 27 for Hong Kong via shortages.
list of Lontion closing Rubber So much has been Honolulu, Yokohama and heard about tin,
rubber and prices contained an almost un- Manila. and is due to arrive in wool that the impression might broken sequence of minus signs. Hongkong on Dec. 10 and sallave been gained that the other on Dec. 20 for Kobe, Yoko-
commoditica
reasonably hama, Honolulu and San Fran-
That unfortunately plentiful. cisco.
NOTICE TO CONSIGNEES | penn -
NOTICE TO CONSIGNEES
m.v. "MARCHEN MAERSK"
Ports of call, Consignees of Carge
UTB
The
SOME RECOVERY
today **
63.20
42.33 nominal 42.10-42.15 37.04-37 03 30.83 nominal
30.38
38.23
-United PreNE;
Futures In Singapore
Singapore, Dec. 2,
closed today as
On Friday, however, stendler Prices in the rubber futures condi ions
and market here developed is not the case,
The Organisation for Euro bargain-hunters came upon the follows:
scene to take advantage of the
Number 1 rubber, Co-operation Economic
day's
per lb. indiscriminate previous
December
171-173 which met this week-end 'o dis-marking down.
Number 1 rubber, January tho commodity Lamine Curs
(1951) British Funds recovered some
102-103 150-157 studied the list of materials
Number 2 rubber, December 164-165 which are in short supply. This of the previous day's lodges and Number I rubber, February
the Financial
Number rubber, December 167-200 list includes besides the three ment Securition Index rose by Number #rubber. December 151-132 mentioned above the following 0.20.
Spot rubber, unboled Industrials Home
Black crepe No. 1 pala crepe
Times' Govern-
fell
in-
having arrived from New York and are hereby notified that their goods row materials: coal, coke, strap away again though not on are being landed and placed al tron ore, mangancas, copper. Thursday'a scule and the their risk and expenses into the Hong Kong & Kowloon Wharf & zine, aluminium, textile fibres dustrial ordinary share index
pulp, cement, dropped a further Godown Company's
ai sulphur, timber, godowns
half point. Kowloon, where delivery may be raw hides and skins.
Base metals recovered except obtained as soon as the goods are landed.
This list gives some idea of for tin shares and other sections here, unless notice has been given be faced. But whatever means dillons.
Optional cargo will not be landed the immensity of the problem to also experienced calmer 48 hours prior to vessel's arrival, al mitigating it are proposed by
byt - carried, os, hvmn port to port
to the final port of call to walch OEEC one thing is quite clear: the option extends
cannot be solved by Western Europe dione.
_No_claime"wifi" be admitted attor the Goods have left the Godowns, and all goods remaining undeliver. ed. after the 8th December, 1938, will be subject to rent
con-
On Friday the Market opened with some further improvements
172.173
138-140 187-187
-United Prep
New
Hungary's
Bauxite Plant
Frankfurt, Dec. 2. Radio Budapest reported that
but these were not fully held the Jargest industrial plant
and business dwindled. British Funds slipped away again and built in Hungary since the war -a bauxite plant in Donaufeld The introduction of allocation other sections were quiet with
being re-has been completed. gains rchemes along the lines of those some small adminstered
by the wartime ❘gistered.
The radio report
said that 10 Japanese Bonds, which were before the war 93.5 percent of All broken, chafed, and damaged Comblacd Supply Boards Goods are to be left in the Godowns. the solution which appears to be among the first to be hit by the Hungarian bauxite, used in the wiera - they will be examined on most favoured by soms of the news from the For East, reproduction of aluminium, went Tth December, 1950, at 10 am, by
of OEEC, notably celved unexpected support to Germany and only 6.5 рет Our Burveyor Mesars Goddard & members Douglas
France, But the obstacles to bo tollowing the disclosure in New cent was precessed in Hungary. surmounted before these York that large reductions had The new plant, complete with To comply with
Deneral
mado In outstanding living quarters for hundreds of Bonded Warehouse Regulations con- schemes could come into opera- beca
of Japan's "ux'ernal workers, will be able to process vignees must bikre a Revenue Omeer tion are so vast that there cão amounts in attendance when damaged duti.
be no hope for a Dolution of bonds as a result of conversions most of the country's produc- able are examined..
tion, it suld-United Press. during the war,
the
All claime must reach us before the na January, 1851, or they will not be recognised...
Kis furence will be efected.
KEDSEN & CO. Agenta. Hong Kong, End December, 1959.
Pacific Far East Live, Inc.
DIRECT..
Fast Regular Trans-Pacific Service
SAN SEANCLECO, LOS ANGELES
"WRWARD LUCKINDACITY
OVERLAND
NEW YORK-CHICAGTEDETROIT-TONONTO MONTREAL AND ALL AMERICAN ✯ CANADIAN OTTIES
Probe
-Des
Dec, 18
Ban Trakciate
For
Des. 147 Ban Francisco & Los Angeles
San Francisco, vja" Kobs,
Yokohama de Vancouver Stopspore, Djakarta, Dombey,
Ban, Franchęca „A. Los Angeles.
this kind unless there is complete co-operation between consumers and pinducers, some of whom are autaide Europe.
+
WARTIME MEASURE
COTTON REVIEW
PRINCE LINE LTD.
ARRIVALS FROM U.S. ATLANTIC & PACIFIO_PORTS
m.v. "BRITISH PRINCE" m.v. "EASTERN PRINCE"
Qails N.Y. Salts 6.F. Salled Salled Balled 6th Dec
Due H.K.
$2th Dec.
· End Jan.
EAST. COAST, CANADA & U.S.A, via SUEZ
my. "BRITISH PRINCE"
Loads 12th Dec., for Japan, Philippines, Java, Binga- pore, Straits, Colombo, Halifax, Boston and New York. -Vessel may call at Salgon and Siam.
m.v. "EASTERN PRINCET
1
Loads 2nd Jan,, for. Japan, Philippines, Java, Saigon Colombo, And Siem. Eubject to Inducement, Straits, Halifax, Boston and New York.
Cargo for St John (N. B.) Montreal and Bermuda' with tran- shipment at Halifax or New York.
All the above subject to alteration without notion All Intending Passengers should
registar
their
names as far as possible in advancs of the time, at which they wish to leave.
PACIFIC TRANSPORT LINES
ARRIVALS FROM SAN FRANCISCO
Balla 8.F.
Salled
15th Nov.
. "PACIFIC
TRANSPORT” *.*. "AMERICA TRANSPORT", TRANSPORT" *.. "CHINA
TRANSPORT" . "PHILIPPINE
Duo H.K.
17th Deo.
27th Doo
23rd Nov. 29th Deo. 8th Deo.
10th Jan.
TO TAKUBAR, KOBE, NAGOYA, SHMIDZU, YOKOHAMA, HONOLULU, SAN FRANCISCO & LOS ANGELES
"PACIFIC
TRANSPORT".
Sails H.K.
17th Dec,
Due, 8.F. 12th Jan.
TO MANILA, CEBU, KOBE. NAGOYA, SHIMIDZU, YOKOHAMA & SAN FRANCISCO,
a. "CHINA TRANSPORT"
..
Balla H.I.
Due 8.F.
29th Doo
30th Jan.
TO CEBU & LOS
"AMERICA TRANSPORT",
ANGELES
Balte H.K... 27th Dec.
DIO LA
£2nd Jan
Through. bills of lading fund to any Port In. North, Americh & 15 Bouth American
Parts.
JARDINĘ, MATHESON & CO. LTD.
18 Pedder Street
Tel: 80811
WATERMAN BEN
STEAMSHIP CORPORATION
MOBILE ALA USA
WATERMAN LINE EXPRESS FREIGHT SERVICE
FROM US. ATLANTIC COAST VIA, JAPAN
¡Duo abojs
It appears that the Japanese sterling, dollar and other ex- AMERICAN POSITION
New York, Dec, 2. ternal bonds held by Japanese
Cotton futures ran up and Moreover, allocation schemes nationals were converted into
down the price 'scale this week, cannot be devised until Ameri-yen bonds by a law of March, while traders tried to fathibin |can co-operation is secured. The 1943.
the Korean developments and American position is still not i The outstanding amount of their effect on the nation's known but it may become Japanese · Government sterling
At Friday's close, the economy. clearer when talks between the bonds lanew 601,050,750 instead marke ruled 57 points lower to OEEC delegation and United of £77,223,098 as previously be-
1. 2. "LAFAYETTE points higher or off $2.88 States Government begin ineved. Japanese Government
*. *.. "WAR 'HAVIE” to up $9.05 Por bale from | Washington so01.
dollar bonds have boon similarly
week. previous
Now crop reduced from around › $152k|mos,tha showed a relativoʻsteads- American participation in million to about $21,009,000,0 Doss throughout the week. allocation schemes would go a The outstanding amounts of Buying was encouraged by the long way towards mitigating Japantet municipal and Govern higher trend of the parity sume of the shortages but others ment guaranteed corporate dollar index--United Press. would remalo. To allocato raw bonds have also been
greatly materials like wool, rubber and reduced by the warsime conver- un on a system of international «ton into yon bonda- of tho30 pronúce would require the ends, hald by, Japalloso nationals, ing of their respective friop This news contelbu ed to an
Exchange Rates
DIRECT FOR - NEW YORK, BALTIMORE. & PHILADELPHIA VIA JAPAN & HONOLULU.
KKULAFAYETTE L
a. a. "WAR HAWK"
ALSO ACCEPTING: TRANSHITMENT LARGO
SEBUAH JAZ/GULF PORTS.
WALLEM & CO., LTD.
markoli. -Producers of there. Improvement in the bontis, in „EDESETEOR MORE { doneri fi, the Jooml raw materiala aro siringly: op- | he London-Market on Thursday, unafterijih maraka ako makak, kus posed, to anything which would and prices were half a point morning the drowing TAVERSE BUENADINES gapore Plikatte, Colombo, interfere with their trên market digter ons: Balance in several PRI PRE
By Boobay, Karscht de Baerah-
kelan horma hot prcasentans aunti za ba na Dinal