R.I.L
ROYAL
INTEROCEAN
LINES
SINGAPORE JAVA
ARRIVALS
*NIEUW HOLLAND" ...... In
Fort
PORTS and.
MACASSAR
"TASMAN" •
"TJITJALENGKA"
"YAN HEUTSZ” •
6th Jan. '51
7th Jan. '51
* Only to Singapore, Penang & D. Dell.
MANILA, EAST &
SOUTH AFRICA and
SOUTH AMERICA
"RUTH"
"BOISSEVAIN”
"TJPANAS”
"TJIBABAK”
JAPAN
"RUYS"
"TJIPANAS"
"BOISSEVAIN"
ARRIVALS
SAILINGS
1st Jan. '51 8th Jan '1 14th Jan. '51
SAILINGS
10th Jan. '51 9th Mar. '51
14th Feb, 'BI
,10th Jan. '61 .25th Jan. '31
1st Feb. '51
ARRIVALS
8th Jan. '1 12th Feb. '51 7th Mar. '51
28th Jan, "GI
THE CHINA MAIL, THURSDAY, DECEMBER 28, 1950.
Peking Grabbing Cotton Supplies
Karachi, Deo, 27.
Trado circles said today that Communist China is grabbing up all available oolton fiero. Purchases to
At
date wero callmated
Cotton is 28,500 bales. valuable war material as well as a clvBian nccesuity,
A member of the Red China Furchasing Mission ald the puroladog was being pushed because the U.S. had halted cotton sales to Peking and there was talk of a general U.N. boycott-Associated Press,
Evening Up Operations
SAILINGS In Cotton
21st Jan. 'ši
Agents: HOLLAND EAST ASIA LINE
EUROPE við MANILA
and MALAYA
"MARIEKERK”
"MELISKERK”
Through Ds/L Leared
ARRIVALS
..Mid Jan, '51
SAILINGS 11th Jan '51 10th Feb. '61
to
Mediterranean and Nerthorn
European Ports.
JAPAN
"MARIEKERK”
"MELISKERK”
ARRIVALS
SAILINGS
7th Jan. '81
9th Feb. '51'
Mid
JAI, '81
SEKING SEBÜRDING, TELERBONES, 29015 TO 280175
TUNINGAĞIRISE 12 GOSSAIGHT ROAD, CELLS QUE EN
AMERICAN PRESIDENT LINES
The Global Flec
ST. GEORGE'S BLDG,
WILBON
In Port
11
Commonwealth Exports JARDINE, MATHESON & CO., LTD.
To Britain Increased
London, Dec. 27.
A review of Commonwealth trade in 1949 was issued here today by the Commonwealth Economic Committee..
The report described the main features of Commonwealth trade during 1949 as inclusion of a further large increase in imports from Com- monwealth sources into the United Kingdom as
Sharp
Gains
well as Europe and the temporary contraction in On New York
the United States market in contrast with Canada whose imports from other Commonwealth coun- tries were almost unchanged.
India's imports in 1949 were in the about four times the pre-war figure.
The statistics showed the ex- tent of the market for Common--- wealth products in colonial ter- ritories as well as in Australia and New Zealand and indicated that Commonwealth countries gained a much larger share of the South African market.
The 18-page report, prepared the Intelligence branch of Commonwealth Economic that not-
aggregato
HONGKONG
SHARE MARKET
The volume of business on
follow-
HK Bank
INSURANCES
10 → 1225
Stock Market
New York, Dec. 27, The stock market scored one of the sharpest gains in 'recent years today. Buyers demanded stocks and were willing to pay as much as $5 a share over Tuesday's closing prices to get what they wanted. More than 100 issues were sold at peak prices for 1950 or longer in
some cases many years."
New York, Dec, 27. Year-end evening up opera-by
The breadth of the advance was a surprise even to the most otherwise the tions dominated an
bullish-minded traders. The quter and mixed market for cot-Committee, showed fon futures. Fresh commitments withstanding special difficulties the Stock Exchange this morn-steepest since December 1948.
day's rise on average was the continued to be avoided, periding in 1949, the Commonwealth as in stoc valued nt $205,125.
At the final bell, the general clarification of the wage and a whole maintained its position The half day's business and
run of prices was at the highest wice control picture. The trade, ns the world's largest trading noon closing prices were as level since February, 1931. switching operations between area.
the An interesting angle to It also disclosed that this SHARES BUYERS SELLERS SALES old and new crop months, pro-
market was the unusually wide vided another trading feature. marked an advance as compared DANKS
.. 1216 12:5 50 1205
of interest shown by Since the taxes for 1951 are ex-with before the war since Com-
20 of 1325 traders the 30-called blue chip be higher than this monwealth exports in relation pected to
some year,
market analysts to world exports increased ap- figured that this should provide preciably while the proportion on for imports was very nearly good reason to take profits long positions now. But off- unchanged.
The exports in 1949 of Indin, setting celling on that premise was demand from mills and Pakistan and Ceylon respective- had been fixing ly were: 4,962 million rupees; Winters who
and 1,001 prices for the year-end against 819 million rupees; textile orders and foreign com-million rupees.
COLONIES' EXPORTS mitments,
speculativo
The British colonies' exports! business remained at a minimum
this period amounted to with local and New Oricans for professionals switching from one £618,000,000 sterling, side to the other in a move to exploit any opportunities.
New
The market opened unchanged to of 11 points. Thereafter it seesawed over a range of 30 points, hitting the lowest levels in the noon hour and then closing
15 lower to 8 points higher.
The 1949 imports of India, Pakistan and Ceylon were! 0.017 million rupees; 1,114 mil- on rupees; and 1,029 million rupees
The Imports of the colonies were valued at £743,000,000.
The figures for Pakistan rc- lated to its seaborne trade only. For India and Ceylon the in-
Prices closed today as follows: dex numbers of export prices
44.00
47.88.
43.30
3841
for
1949 were 300 and 324, respectively. The index num- bers of import prices for the same year were 330 and 423,
39.40 nominal respectively.
38.20
34.02
-United Press.
PHONE 28172/5.
Spot
March (1051)
May
Arr. Jan. 13 Bulls Jan. Arr. Feb. Z
July
October
December
vis JAPAN
March (1052)
May
Baits Dec. 30
NEW ORLEANS
Arr. Jan. 7 Haile Jan.
Spot
March (1951)
ROUND-THE-WORLD
May
July
October
Balls Dec, 28
March (1952) May
TO HONOLULU AND SAN FRANCISCO vis JAPAN PRESIDENT CLEVELAND PRESIDENT
TO SAN FILANCISCO AND LOS ANGELES 'PRESIDENT HARRISON
TO NEW YORK, BALTIMORE AND BOSTON vla PACIFIC COAST AND PANAMA
MARINE SNAPPER ...........
Via Manila, Ningapore, Colombo, Cochin, Bombay, Karachi, Bues, Port Said, Alexandria, Naples, Marcellies, Genoa, New York & Boston.
In Port "THESIDENT BUCHANAN”
December
42.73-42.70
The basic years for India for the index were 1938-39 and for Ceylon 1034-38.
Union Underwriters 2.75 DOCKS, ETC. K. Whart Tlock
90
1214
Provident
1015
S'hal Dock
3.10
LAND, ETC.
0.30
IK Hotel HK Land ..3915
UTILITIES
C. Light (0) 8.80FP Electric
Telephone INDUSTRIALS
Coment STORES, ETC.
Waloon
Crawford
COTTONS
Ewo
200 30
1000
237% 1000
200
031
1114 12
£1.70
or top grade issues were just as much in demand as numerous stocks with 0 ΠΟΤΟ or less speculative reting.
Among
the
most popular groups were talls, steels, oils, mctors and hircraft anufacturing stocks.
were
Nine hundred and one issues advanced. Only 139 declined. The main force pushing the market upward still seemed to be inflation. Investors were try": 231ng to find, a refuge for their
capital.
Among
the gainers Arnerican Airlines, United Air lines, Eastern Airlines, Trans- warld Airlines, Continental Motors, Willys Overland, Dou- glas Aircraft, Grumman Aircraft, Armour, St. Regis Paper, Pepsi- cola, and Benguet Mining.
Dow Jones averagės: Stocks
100 2015 200 2015 1200 € 20
RUBBER
MARKETS, FIRMNESS
New York. Dec. 27. Rubber futures closed today 125 to 325 points higher, with sales ton)
ng 1 contracts. Most of the acti- vity was centred around
December
The 1940 balance of mer- Closing rate chandise trade of India, Ceylon and the Britlab colonies Wag shown as: minus 123 million rupees; plus 27 million rupees und minus £125,000,000 respec- | delivery where dealings expired at Lively.
noon. Spot month was traded up to 84 cents a pound. then went off the board at B5 cents asked.
42.55
43,23
41.74
30.75
33.34
30.21 bid 37.99 bld United Press.
The wars our generation has witnessed have brought what wars have always brought disturbances, unrest and a feeling of general insecurity-that's the way of all wars. Industry and mutual trade-useful pursuits of peace are the endeavours in the opposite direction. This concern has argued whenever it could, that free access, free intercourse and trade between peoples, contributes to peace and friendliness and security and takes the tension off where diplomats seem to fail. For, when all is said and done, people want the opportunity to work for a living. Trade and industry, free and untrammelled, not only con- tributes to that opportunity, but is a way of life. Vessels of our Line are plainly marked and can be recognized easily when they sail in and out of the principal ports of the world, and we like to feel that they are practical symbols of this philosophy: Isbrandtsen
INDEPENDENT DEPENDABLE Regular Sailings from Hongkong to New York, Baltimore and Philadelphia via San Francisco or Los Angeles
DUE FROM:
SAILS FOR: 5.S. "SIR JOHN FRANKLIN" New York via Pushan, Kobe, Nagoya, Yoko-
Manila 1st week of Jan.
S.S. “FLYING CLOUD"
Now York via
Manila 1st week of Jan.
homa, Son Francisco, Los Angles, New York, Baltimore, Philadelphia, Boston via Panama Canal, 1st week of January. Kobe, Nagoya, Yokohama, San, Francisco, Los Angeles, New York, Balumore, Philadelphia, Boston via Panama Canal, ist week of January,
UK EXPORTS
The United Kingdom's exports In 1049 to India, Pakistan, Ceylon and the colonies were respectively valued in pounda million sterling at: 117; 33; 15
259.
The imports into the United Kingdom for the same period and from the same countries amounted to 98; 16; 27 and 287 million sterling.
The 1040 trade of the United
States with India, Pakistan,
Ceylon and the British colonies in mlions of dollars was re- spectively: Exports - 253; 45; 19 and 284. Imports 298; 28, 35 and 320.
India carned a total of 228 million dollars in 1940; Pakis- tan earned 24 million dollars; Ceylon carnod 43 million dollars while the colonies earned 331 million dollars,
Prices closed today as follows:- Spot
December
March (1931) May July
SINGAPORE MARKET
20 Industrials
16 Ralls
10 Utilities
$0.65 234.21
77,32 40.51
-Associated Press.
New York Sugar Futures
New York, Dec. 27.
closed World sugar futures today unchanged to 9 higher, with sales totailing 154 contracts.
Contract No. 0 closed today 2 to 6 lower, with sales totalling 122 contracts.
Prices closed today as follows: Contract No. 4. {world}
January (1951)
50,00
60.25 bid
83.30 Bid
March
13.50 nominal
May
-United Press.
July
Spot
Contract No. 0
January (1931)
March
May
100-190
July
182-183 170-177
Spot
Singapore, Dec. 27. Prices in the rubber futures mar- ket here closed today as followe Number, 1 rubber, per Ib.
December
January (1951)
February
Number
December
rubber,
Number 3 rubber,
December
·Number 4 rubber,
December
Spot rubber, unbaled
Black crepe
No. 1 pale crepe....
154-185
179-100
6.53 traded 2,47 traded
5.46 traded 5.45 nominal 5.80
..... Adibid
0.62-traded
0.08 bid 5.07 bid
5.0
United Press.
CO.,LTD.
FREIGHT AND PASSAGE DEPARTMØNTO, 1 Pedder Strast, Tál. 80311.
INDO-CHINA S.N. CO., LTD.
B. "HANGBANG".
B. "WINGBANG" *.*. "EBANG"
... "TAKOANG" B.1. "CHUNSANG"
8.8. "WINGBANG" B.J. "EBANG"
a "TAKBANG"
SAILINGS TO
Gandakan Kaafung Зарав
Straits & Calcutta Tientsin
Noon 28th Dec.
End Jan,
3rd Jan.
4th Jan.
14th Jan.
ARRIVALS FROM
Calcutta & Singapore Tiantain
Keatung
.30th Doc.
atet Dec. 81st Doc.
Cargo accepted on through Dill of Lading for MADRAS a PONDICHERRY vis Singapore and for XUDAT, JESSELTON, LABUAN, TAWAU, LAHADDATU & BEMPORNA vis Bandakan,
AUSTRALIA CHINA LINE LTD.
ARRIVALS FROM
4.D. "BALUCHISTAN" m.v. "HINDUSTAN" m.v. "EASTERN SAGA"
"DALUCHIBTAN"
Japan Japan Australian Porte
12th Jan..
19th Jan. 28th Jan.
SAILINGS TO
Fremantle, Hobart, Adelaido
*m.v. "HINDUSTAN"
18th Jan.
Manus and Lao (both subject to inducement) thence Brisbane, Sydney, Melbourns & Hobart 20th Jan. m.v. "EASTERN BAGA"
Yokkaichi, Nagoya, Kobe & Yokohama
let Pob. *Cargo accepted on through Bill of Lading to Poolfio Island Parts. Tasmania, New Zealand and
GLEN LINE LTD.
SCHEDULED SAILINGS TO U.K. AND CONTINENT
m.v. "GLENEARN"
Loads 6th January, Balls 8th January for Straits, Antwerp, Colombo, Aden, Buez, Port Bald, London,
Rotterdam/Amsterdam Hamburg. Dus London 14th
February.
m.v. "GLENGARRY"
Loads 22nd. January, Salle 24th, January For Straits, Colombo, Adon, Buez; Alexandria, Genoa, Lon- Rotterdam/Amsterdam, Hamburg, Antwerp. Due London 4th March.
don,
[Carriers option to proceed via other ports to load/discharge cargo) SCHEDULED ARRIVALS FROM LONDON
m.v. "GLENGARRY" m.v. "RADNORSHIRE"
Leave London
At Holts Whart Ballad
INTERMEDIATE SERVICE
Balled
OTO HIK
10th Jan.
20th Jan.
m.v. "PEMBROKESHIRE"
(All outward vessels accept carge for Japan)
PRINCE LINE LTD. ARRIVALS FROM U.S. ATLANTIC & PACIFIC PORTS
Balls N.Y. Salls 8.F... Due H.K.
6alled United 14th Jan.
m.v. "EASTERN PRINCE"
.....
EAST COAST, CANADA & U.S.A. vía SUEZ
m.v. "EASTERN PRINCE"
Loads 14th Jan,, for Wanlahi, Philippince, Java, Balgon and Glam subject to inducement, Straits, Colombo, 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 notice. All Intending Passengers should
names as far as possible in advance at which they wish to lesve,
WATERMAN
roplater their of the time
1
Now York Metals STEAMSHIP CORPORATION
New York, Dec. 27. Prices in the metal 142-144 here closed today
170-171
101-102
market unchanged 108-200 with the following exceptions- United Press.
Tin, Grade A (99.80 per cent LONDON MARKET
London, Dec. 27.
or higher), New York, per lb. Prices in the rubber futures mar-Į 150. kat here closed today as follows:- No. T rubber, (in cents
per 1b.) February Apri/June July/September October/December
Jube and manufactures March brought India the biggest dollar earnings 127 million dollars. Rubber and tin brought Ma- laya 120 müon and 82 million dollars, respectively.
for
GOLD PRODUCTION India's gold production 1940 was worth six million United States dollars.
The British colonies gold production for that year พอง partly estimated at 35 million dollars.
The Commonwealth's totul gold production for 1949 Was partly estimated at 847 million dollars compared with 739 mil- lion dollars in 1948.
Tungsten, powdered, (98-99 5049-5711 per cent) per lb. $4.15.-United 60-0016 Press.
6424-55
B12-7
40-4735
44-4415 United Press.
London Stock Exchange
London, Dec. 27. Trading was small on the London stock exchange today but industrials wond fumer where changes were register- ed.
!
More US Controls
Washington, Dec. 27,
The National Production Authority today imposed con- trols over both military and civilian-consumption of cadmlum 10 conserve supplies.-United Press.
NOTICE TO CONSIGNEES
CONSIGNEED PEN CANADA-ASIATIO LINE
s/# "OCEANSIDEN –
India, Pakistan, Ceylon and the colonies in 1940 respectively
British funds cased slightly are hereby noted that their cargo exported to Western
Europe and oils were dull and unsettled kong & Kowloon Wharf & Godown Le being discharged into the Hang- commodities worth £34,000,000 because of the Iranian Gov. Co godown where it will be at sterling
£19,000,000; £10,000,- ernment's withdrawal of the consignees risk and subject to the 000 and £51,000,000,
From Western Europe their 1949 imports in millions of ster- ling amounted to 39; 14, 5 and
35,
terms
and
condition of
Whert's bill to ratify the oil agreement storage, and where delivery may be with the Anglo-Iranian Com- obtained.
pany.
Coppers were strong on re- ported heavy United States do- The Committee gave these Ogures of world trade for 1049 mand for the metal.
index was Financial Times' with the corresponding figures 118.2-Associated Press. in 1938:
World Exports: — Common- wealth 20 percent of the world
Transhipment cargo accepted for Jamaica, Havana and other total (25 percent in 1938), Unli-
Cuban Ports, also Venezuela.)
LIMITED PASSENGER ACCOMMODATION' AVAILABLE
Above Dates Subject to Change
For Information Apply to:
RATTISON & CO., INC.
CHINA, FORMOSA, KOREA, JAPAN AND HONGKONG. "Untral 4th Floor.
CHINESE AGENTS;
Tel: 25346
NESE STEAMSHIP CO., LTD.
ed States 21 percent (14' par- cent), Europe 28 percent (87 percent).
World Imports Comition- wealth $2 percent of the world
Steel Controls
Predicted
Damaged packages are to be left In the godowns for examination by Consignees and the Company's surveyors. Mera Croddard & Dougies at 10 .. OR the 29th December, 1950.
To comply with the General Bonded Warehouse Regulations, cur- signees must have a Revenua Oficer in attendanc0 when damaged dullable goods are examined ..
to claims will be admitted after the goods have left the steamer's godown, and all goods remeining undelivered after the 30th Decem A controlled materials plan | bez, 1030, will be subject to rent
New York, Dec. 27.
total (39 percent in 1938), for the steel industry by March
All claims against the camer United States 12 percent (9 per- or April and mandatory price must be presented to the Under- cent), Europe. 34 percent (38 controls to replace voluntary signed on or before the 4th January, percent)-Reuter.
ones were predicted today by 1951, or they will be recognised. the Iron Age. metalworking No Fire Insurance will be affected. trado weekly.
Stoel executives feel that it DODWELL & CO., LTD. steel distribution is to be con-
US Dollar Slips In China
London, Dec 27.' The Peking Communist radio reported today the US dollar Is "alipping" In Red CF #
A broadcast monitoroa ́ hero aald the rata quoted by the Bank of China slumper Tutaday from 30,000 Chinose dollars for Ong
Agents,
trolled at all, it must be con- Hongkong, #7 December. 1900. trolled completely, the weekly sald, "Voluntary price controls NOTICE TO CONSIGNÉES are doomed to failure even before they begin.”—Associated Press.
*.*. "PERSZUS"
this
Exchange Rates burveyed at Toll's WHITE
between sun, and Noon on cember 17, and 23, 1959," and "; con. alanses are requested to hayuḥtheir representatives, prosunt during, the
Postess was done in the local US dollar to 27,800 for one, unofficial exchango market
mòrakis, at the followis Auto VOT The broadenet added the US string tote (per 432 110 120
MOBILE ALA USA
WATERMAN LINE EXPRESS
FREIGHT SERVICE
FROM U.S. ATLANTIC COAST VIA JAPAN
40th Dec, 1950
6. 8. “WÀE HAWK"
Due about
3. B. "JEFF DAVIS"
#
"
... 10th Jan, 1951
DIRECT FOR
NEW YORK, BALTIMORE & PHILADELPHIA
VIA JAPAN & HONOLULU.
*. 6. "WAR HAWK”
0.4 "JEFF DAVIS”
Baith about
#
+
Sist Deo, 1930
17th. Jan. 1951
ALSO ACCEPTING TRANSHIPMENT CARGO FOR
GULF PORTS.
WALLEM & CO. LTD.
Agents
Hongkong & Shanghai Bank Building Telophonda-88041-5.
MAERSK LINE
FAST FORTNIGHTLY SERVICE” TO)
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA,
SAN FRANCISCO, LOS ANGELES AND FAŊAMA
NEXT SAILINGS
Ms. "SALLY MAERSK"
M.S. ANNA MAERSK” M.S. "GRETE MAERSK"
Dec. 31
Jan. 17
Jan: 60
TANKS OF ALL HIZES AVAILABLE FOR BULK OIL
ARRIVALS FROM U.S.A.
M.A. "GRETE MAERSE”
·M:S: "CHASTINE:MAERSK”.
M.S. "OLGA MAERSKI
For Freights and Further Particulars pleas
AGENTS
Deo. 30
Dec: 81
•