,
CHINA BEZALA A KRUIMTEFAN KI
Some Losses EMPIRE PREMIERS TO Registered In DISCUSS SHORTAGE OF
Wall Street
Now York, Jan. 3. Prices in the stock market lost
a little of their bounce today in spite of brillant show of strongth.
to around one
or
oven
moro
Losses ranged from fractions points in some cases. But there
were generous scattered galno which blunted the decline and Have a bullish tindertone to the market,
Quick profit-taking accounted
for much of the scaling.
Transfers were 3,376,000.
Among the stumblers were Santa Fe, Boston and Maine Corporation, Baltimore and Ohio,
Woollen, American
Allied Chomical,
The
gainers
included Loc
Rubber, Phulen, Texas Company, I
Dow Jones averages:
Stocks
20 Industrials
15 Rails
10 Utilities
88.31.
230.90.
70,30.
41.48.
Associated Press.
REVIVAL
OF DEMAND
FOR GOLD
London, Jan. 3. International bullion dealers today reported
a notable re- vival in the demand for gold.
Today's
were
international prices reported at $41 to $41.50
RAW MATERIAL SUPPLY
(FROM OUR OWN CORRESPONDENT)
London, Jan. 3.
A subject which is certain to come high on the agenda of the Commonwealth Prime Minis-
American
ters' meeting, which begins here tomorrow, is Superiority
the problem of raw materials.
It is believed the Ministers will work out a plan to extend the present method of securing co- operation between Commonwealth countries in the economic sphere.
Bullish
Sentiment
In Cotton
co-or-
In Steel
com-
NOTICE TO CONSIGNEES NOTICE TO CONSIGNEES
Consignees per BARDER-WILHELMSEN LINE
A TUNGUS"
from Japan
MAKERIC LINE
M.V. “GRETE MAKUBK“ having arrived from New York and Ports of oil. Consignees of cargo are hereby notified that their goods being landed and placed at are hereby notified that their cargo 50
their risk," and expend into the is being lacharged into the Hong- kong & Kowloon Whart & Godown Hong Kong & Kowloon Wharf &
Company's downs Co's godown where it will be at Godown
Kowloon, where delivery may be consignes risk and subject to the What's
obtained 29 100% 13 the goods are condition sod karns
Insided, delivery may storage, and where be obtained.
of
at
Optional cargo will not be landed here, unica notice has been given 48 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extends.
Damaged packages are to be left in the godowns, for examination by Consignees and the Company's ur- veyors. Mesare. Goddard & Douglas A 19 4 on the 4th January, 1931.
To
General comply with
No claims will be admitted after Dended Warehouse Regulations, the Goods have left the Godowns, consignees must have a Ravenus end all goods remaining undeliver Older in attendance when damageded after the fåh January, 1931, will dullable goods are exxorumed.
bo mibject to rent.
the
No claims will be admitted after the goods have left the steamer's Gedown, and all goods remaining undelivered after the 5th January, 1051, will be subject to rent.
New York, Jan. 3. Steel production in the Unit- ed States in 1950 topped Rus- for The machinery
All claims against
the steamer dinating the raw material needs it's by three and a half times,
and was
hair of must be presented to the Uquier- within a Commonwealth
tho Di the various
on or before
12th January, 1951, or they will not be in the recognosch countries already exists in the squalling the combined output #igned
other countries regular meetings of Trade Com- of all
today. missioners and other economic world, the Iron Age sold
The National metalworking attached to each High experts attach
weekly said American Commissioner in London.
panies produced 95,954,000 net This committee, meeting un- der the auspices of the Com-tons of steel ingots and castings year. Russia produced monwealth Relations Ofce, has last
and the total 26,500,000 tons, done much valuable work in preventing
world output was 194,164,000. Commonwealth
American cach countries compoting with
production
this other in a genomi scramble for year should exceed 100,000,000 after the meeting of Common-The steel raw materials. It was set up tons, the weakly maidh It add-
industry July 1945 and its original pur- the New Year in the healthiest
New York, Jan. 3. The bullish contingent in the market continued to hold the
Prices pushed wealth upper hand. ahead for the second day in a
row.
The
market opened higher to 2 lower, and moved up gradually to net gains of 34 to 50 points, then closed up 24 to 39 points,
Prices closed follows:- Spat
free
March (1951)
May
July
October
December
arch (1052)
the
May
in Europe and fully $45 in the Far East, compared with
official price of $35 un ounce.
Stronger demand for gold in most parts of the world nscribed
to distrust value
curreneles including
future
dollar.
Recent
42.09
today
AS
44.02 43.00
42.47-42.43
30.15
30.33
39.20 bld
38.40-30.05 -United Press.
NEW ORLEANS MARKET
Closing rate January 3
43.50 43.37-43.40 42,91-42.03 42,30 30.10 30.20 bid 30.11 bid 38.65 bid United Press.
of all
WON of the spot
March Tissi) paper
the Mas July October centres of demand December
Miny
and
were said to have included March (1952)
France, the Middle East
even China.
Some international dealers
were said to be still shipping
gold to the Far East despite New
the substantial risk charge fo
get the high price which
vails there.--Reuter,
pre-
Firmness On
London
Exchange,
Higher than
London. Jan. 3.
expected year-
end divideri‹is from many Bri- tish industrial Aims led to general firmness on the London Stock Exchange today.
Shell, Royal Dutch and Anglo- Iranian were especially in de- mand among the oll issues.
British Government bonds scared galas ranging up to 1⁄4 point.
Japanese bonds, which have bobbed up and down sharply since the outbreak of the Korean fighting, closed general- ly higher.
Financial Times' Index 118.3 Associated Press.
was
Cotton Goods Market
New York, Jan, 3. Government inquiry for print
goods and tobacco
dominated attention
cloths the
Worth Street cotton goods trade market.
York Sugar
New York, Jan. 3. Domestic sugar futures No.
closed 1 to 5 higher.
March
May
July
September
5.50 bid
5.01
9.04 bld
0.07 bid
World sugar futures No. 4
closed unchanged to 7 higher.
March
Mas
July
September
March
Raw sugar spot
5.49
5.46 bkd
5.47
5.47 bid
3.15 nominal
0.30 nominal Associated Press.
NEW YORK BANK QUOTATIONS
New York, Jan. 3. Closing bank quotations: Bank of America 25 bid 27% asked.
Chase National Bank 35% bld. 37% asked.
-Nutional City Bank 45 bid. 47 asked.---Associated Press.
Exchanges In NY
New York, Jan. 3. Closing foreign exchange:
05.371% Cennda Britain
$2.80-1/18 Belgium
2.001 Holland Italy Switzerland Venezuels
20.00
0.10%
23.33
Finance Ministers in
to
aup
are
enters
Earn- Усаги
No Fire Insurance will be effected,
DODWELL & CO., LTD. Agents. tongkong, 31st December, 1900.
NOTICE TO CONSIGNEES
CIE DES MESSAGERIES
MARITIMES
Comulgaços per Company's
All broken, chafed, and damaged Goods are to be left in the Godown. where they will be examined, on 8th January, 1931, at 10 am, by our Surveyord Mests Goddard Az Douglas.
with the General To comply Bonded Warehouse Regulations cod- signees must have a Hovenue OlOCT In attendance when damaged du- able goods are examined.
All claims must reach us before the Jist January, 1951, or they will not be recognised,
No Insurance will be effected,
JESSEN & CO., Agents. Hongkong. 3let December, 1930.
NOTICE TO CONSIGNEES
DOG
LE "WAR HAWK" Having arrived Hongkong signees of cargo are hereby notified that all goods have been landad and placed at their risk and expense into the godowns of the Hongkong and Kowloon Wharf and Godown Co., Ltd. where delivery may bo obtained as poon na the goods are landed.
No claims will be admitted after the goods have left the godowZIB, or failure to attend the survey,
0.1 "BEAUVAIS" Aro hereby notified that their cargo have been highly satisfactory, is being discharged into the Hong due chiefly to the high rate of Kong & Kowloon Wharf de Godown Co.'s codown, whers it will be at operat priority machinery
is Consignees' rak and subject to the Steel
Wharf's terms and conillona of heing
strained to the utmost, storage, and where delivery may be It obtained as soon as the goods are reported. the Iron Age sald. "Frustrated holders orlanded. cald,
orders are besieging
Damaged packages are to be lett tional
All broken, chafed and damaged authority in the Godowns for examination by production
goods are to be left in the godown many Consignees and the Company's aur
where they will be examined in the personnel for help, and
presence of Blesses, Goddard with defence Veyers, Messrs Goddard & Douglan steel consumers
at 10 am, on Friday, 8th January,
Douglas on the 6th Jan, 1951, at 10 orders are having trouble Ond- 1931. ing a steel supply source.
materials plan A controlled in only a question of time, the Iron Age said, but it will take to five months to from three collect personnel to administer the plan. Associated Press.
carry out dollar-condition in its history. pose was saving policy worked
two out by ings for the past the Ministers.
It is now thought that this Committee, which has valuable experience in distributing
Commonwealth plies among countries, might be the ap- propriate body to deal with the present raw material crisis.
Although the Trade Commis- Committee could ensure stoners* more equitable distribution of Commonwealth raw materials the various Common- among wealth
countries which" engaged in defence programmes, they would have no control over the many important commodities which come from other sources. It would therefore have to be decided how this Committee could fit in with the machinery for raw material allocation which in Washington as is being set up
result of the meeting between Mr Attlee und President Truman, The Prime Ministers may also discuss the building up strategic materials.
a
of
the posamenwealth stockpile of raw
HONGKONG
SHARE MARKET
were a5
Substitutes
For Rubber
A Priority
Washington, Jan. 3. Wool and guayule seeds used in developing a substitute for rubber have been placed on the top of the priorily list for the national
the war stockpile, Munitions Board announced to-
To
the
General Regulation,
with comply
Warehouse Bonded Consignees must have a Flevensso oficer in attendance when damaged dutiable goods are examined,
No claims will be admitted after the goods have left the sleamor's godowns, and all goods remaining undelivered after 5th January, 1931, will be subject to rent.
All claima
the steamer against must be presented to the under- sigued on or before the. 24th
4.1.
the
And
General Regulations.
with To comply Bonded Warehouse
a Revenue consignees must have Officer in attendance, when examin- ing damaged dutiablo Coods. All claims against the vessel must be presented to the Undergoed within, fourteen, days of the ship's arrival, or they will not be recognised.
No re insurance will be effected.
WALLEM & CO., LTD. Agents,
Telephone 38641-3.
January, 1951, or they will not bongkong. 2nd January, 1051.
recognised.
No Fire Insurance will be effected,
CIE DES MESSAGERIES MARITIMES. Hongkong, ist. December, 1950.
NOTICE TO CONSIGNEES
MAERSK LINE
m.r. "CHESTINE MAELSK"
dayne Board Chairman, Mr having arrived from New York and
Landled.
48 hours prior to vessel's but carried on from port to port to the final port of call to which the option extends.
Ports of call, Consignees of Cargo John D. Small, told reporters are nereby notified that their goods the Government will go into are being landed and placed at expense into the The volume of business on the wool market as soon as the their rink, and
Hong Kong & Kowloon Whart & the Stock Exchange this mor- Army completes
Its current Godown Company's godowns at ning was valued at $208,475. purchase programme involving Kowloon, where delivery may be The half day's business and $100,000,000 worth of wool and obtained as soon as the goods are
closing prices noor
wool cloth.
Ho could
not indicate how follows:
Optional cargo will not be landed SHARES BUYERS SELLERS BALEB much wool would be needed for here, uniets notice has been given arrival. BANKS
301216 the strategic stockpile but wool HK Bank...
the essential pro- was among INSURANCES
20@30 ducts the United States should the acquire quickly because
No claims will be admitted after sources of supply, such as Aus-
the Goods have left the Godawns, tralia, are
distant and involve
and ali goods remaining undeliver- long shipping routes.
ed after the 8th January, 1951, wi Mr Small said that the Mun-be subject to rent. tions Board had given the Agri- All broken, chated, and damaged 500 6.50 culture Department money to Goods are to be left in the Godowns. 2000 @ 8.00 buy guayule seeds and seedlings where they will be examined on 5th January, 1951, at 10 am by our which can Surveyors Mesers Goddard 1000 1.16 because this plant,
be grown in the U.S., holds out Douglas, 11% 11% 200 @ 11 the best promise of "helping us TO
the comply with
General 300 62 116 over a natural rubber shortage Bonded Warehouse Regulations con- 200 @ 1155
signees must have a Revenue Officer hump in case of a world wido 6% 500@ 8.10 emergency."-Associated Press.
able goods are examined.
Union .... DOCKS, ETC. K. Whart Dock Provident
(174
100
Wheelook
1214 1024 - 500 @ 10% 1000 10% 300 10 2000 19
LAND, ETC. HK Hotel
33 35
1.10
HK land S'ial Land UTILITIES
Tram
30.05
-Associated Press.
Star Ferry
Light (0)
Copra Shipment
New York, Jan. 3.
shipment Copra for nearby Brokers and mill executives was sold at $230 per short ton,
sales reported
for spot und CIF. the Pacifle coast, in quiet nearby delivery in other con- dealings. In coconut oil, all structions at Dec. 1, prices, but positions were offered at 17-2 contract business continued to cents a pound, F.OB mills. be avoided, pending clarification However, dealers mentioned the of the price contral picture. -- unconfirmed sales of high as United Press.
17-4 cents-United Press.
For
Negotiations
Settling Egypt's Sterling Balances
London, Jan. 8.
Negotiations for settling Egypt's estimated £250,000,000, wartime sterling balance were con- tinued at the Treasury today when Foreign Minis ter Salah el Dini Bey called on Chancellor of the Exchequer Hugh Gaitskell,
C. Light (N) 3
Electrio Macao Electric
(Bonus Share) Telephone INDUSTRIALS
Coment 119 STORES, ETC.
Rope
Dairy
Dalry (N)
Watson
COTTONS
Ewo
1034
09
+
370 68
100
8
1000
0,10
200 @ 0.10
300 3.00
300 3.00
234 500 1 2315
1012
2.65
LONDON RUBBER MARKET
300 € 5,70
1000 @ 12
1420 11 500 11 710 1812
London, Jan. 3. Prices in the rubber futures
closed today
market have No, rubber February April/Jung
follows:
(in cenia bez lb.)
March
July/September October/December
':
CHICAGO GRAIN FUTURES
Chicago, Jan. 3. Grain futures generally held firm, although the early gains of some grains reduced in later dealings. A small portion selling in wheat appeared to be Induced by relatively high trend displayed at Minneapolis, while soybean futures buying was attributed to professional accounts. The belief that the government Infonds to stockpile the supplies was buying factor.
in attendance when damaged duti
&
All dame must reach us before
the lat February, 1951, or they will not be recognised.
No Insurance will be effected. JEDSEN & CO., Agents.
Hong Kong, 1st January, 2001.
NOTICE TO CONSIGNEES
CONSIGNEES PER KARBRIL-WILHELMBEN LINE
4. "ТЕХАЯ"
are hereby notified that their cargo is being discharged into the Hong-
|
R. I. L
ROYAL
INTEROCEAN
SINGAPORE JAVA
PORTS and MACASSAR "NIEUW HOLLAND"‡.
"TJITJALENGKA”,
"VAN HEUTSZ"* **THISADANE”
*TASMIAN"-.
# to Singapore & Java,
•
ARRIVALS
Fort
In
7th Jan
LINES
SAILINGS
22nd JRD. 0th Jan,
27th Jan,
11th Jan.
13th Jan,
22nd Jan.
23rd --Jan,
only to Singapore, Penang & B, Delf.
O MANILA, EAST &
SOUTH AFRICA and SOUTH AMERICA "RUYS" "BOISSEVAIN” **TJIPANAS"
"THBADAR"
via Japan,
O JAPAN "RUY8"
"TJIPANAS"
"BOISSEVAIN”
JEN VARO
ARRIVALS
19th Jan
29th Jan
27 Jux.
28th Jan
ARRIVALS
.15th Jan,
SAILINGS
16th Jan, DIA MAR. 10th Feb.j
7th Mar.
SAILINGS
10th Feb.
21st Jan,
Agents: HOLLAND EAST ASIA LINE
EUROPE við MANILA
and MALAYA
“MARIEKERK”
"MELISKERK"
“AAGTEKERK”
Lo
Through Es/L inaned Mediterranean and Northern European Ports.
。 JAPAN
“MARIEKERK" "MELISKERK" "AAGTEKERK”
ARRIVALS
.na Jan.
4th Feb,
ARRIVALS
8th Jan.
8th Feb.
. Early Mar.
SAILINGS
11th Jan 181M FOD. Early Bar.
SAILINGS
!
Mid Jan.
8th Feb,
TELEPHONEST 200151024RO) | TEZ
AMERICAN PRESIDENT LINES
The Globel flec
ST. GEORGE'S BLÒG.
NOTICE TO CONSIGNEES
m/v "YUNNAN"
Arrived 28th December, 1930, Damaged cargo ex this vessel wi be surveyed by Meawa, Goddard & Douglas at Hongkong & Hawloon Wharf Godown from 10 am on Wednesday, 3rd and Thursday, su January, 1951, and consignees presentatives are requested to be present during stirvey,
BUTTERFIELD & WINE,
Agents,
Australian-Oriental Line Ltd. Chios Navigation Co., Ltd.
To
PHONE 28172/5.
TO HONOLULU AND BAN FRANCISCO via JAPAN PRESIDENT CLEVELAND PRESIDENT WILSON
Arr. Jul. 13 Arr Feb. 4
Balls Jan. 14 Salls Feb. 5
TO SAN FRANCISCO AND LOS ANGELES via JAPAN PRESIDENT MCKINLEY
Arr. Jan. 11 Sala Jan. 12
TO NEW YORK, BALTIMORE AND BOSTON vis PACIFIC COAST AND PANAMA MARINE SNAPPEIL
Art, Jan. 20
Baile Jan. 21.
ROUND-THE-WORLD. Via Manila, Bingapore, Valottbo; Cochin, Bombay, Karachi, Sues, Port Sald, Alexandria, Naples,
Marseilles, Genoa, New York & Boston.
Arr. Jan. 10 "PRESIDENT HARDING"
Salts Jan, 11
The ware 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 diplomata 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 pre 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
Whest futures closed today kong & Kowloon Wharf what S.S. “SIR JOHN FRANKLIN” to 1% cents higher, corn was consignces risk and subject to the
Todown be
1% bo 2% oents higher, oats Wharfe terms and condition were to 1% higher, rye 'was storage, and where delivery 1% to 3% higher and soybeans bo pataisos ng pana 13% to 2% higher.
Prices closed today as follows Wheat price per bushel Spot
December
March (1951) May
ps Com
#pat December March (1951)
may
Damaged packages are to be left
in the godown for examination by Consignees and the Company sur S.S. “FLYING CLOUD” veyors, Memrs. Goddard &. Douglas 2.43 2.47-2.48% at 10 am on the 3rd January, 141.
2.41-3413 2.426-14
3.7032 1.37% 1.273-94 1.70 1.773% New York Hour-per 200 lb. sack, 4412-45 not quoted-United Press
83-54 32-6311 May B1-01 July
43-42%
-United Press.
SINGAPORE MARKET Pepper Futures
Singapore," Jan. 3. Prices in the rubber futures
;
Generel
To comply with the Bonded Warehouse Regulations, con* signees must have a Revenue Officer in atfepulance when darized' dull- able goods are examined.
No claims will be admitted after the good have left the steamer's godown, and all goods remaining undelivered after the 4th January, 1001, will be subject to rent,
All claims against the steamer must be presented to the Under- signed on or before the 11th Janu- ary, 101, or they will not bo'ro cognised.
No Fire Insurance will be elladed.
DUDWELL & Co. t. Agente
immediate my afloat NOTICE TO CONSIGNEES|
m/v. "TAIYUAN”,
Salah cl Din Bey spent talks have blacked out all do- Christina In Paris. His return talls of their progress.
New York, Jum. 3. to London this week is only Salah el Din Bey's discusdong
Black pepper futures closed temporary. He is due to leave with Foreign Secretary Bevin market here closed today as today imotive and nominally '1 on Thursday by train for havo, aimed at avoiding a crisis follower
to 5 cents a pound higher. The Venico, to board an Italian in Anglo-Egyptian relations. Bo No. 1 rubber, per th..
"January" (1951) ............ 133 - 180
rise reflected a firmer trend in boat sailing for Egypt on Saturfore they began, Egypt worned
17011⁄2-177-3% the pot market. Dealers quoted Hongkong, 10th December, 1030. February she would denounce day,
the Pact
170-171 March
to $1,00 170-179
up imler British troops quit the No. 1 rubber, Jan.
nico 173-174
a pound, There he will confer with
Suez Canal Zoho and unless No, a rubber, Jan...
interest met ready
presumably 100-107 No. 4 rubber, Jan, Prime Minister Nahas Pasha on Britain recognises Egyptian to spot rubber, unhaled
from grinders moving: to
to cover the reults of bis talks with vereignty over Sudan which the Black crepe
requirements against Govern -"British leaders. //
two countries have been running No. 1 Pale crepe.... 183-190
--United Press. [ment orders. The tight nearby Airtyòd 10th December, 1950, Hlo misalon to London has jointly since 1800.
supply picture also pointed 7. Damaridorgo ... me this -had two broad sims:
Up by trade estimates that Do-will be ruryayed by Mesam. Goddard cember shipment from India A Degina sí, kougkong, & Kowloon on Thursday, ein Sandary:ARATETI❤ and 2,000, ay din Faunatry 1991, and, con- Business was done in the inent with between 1,000
Tepremutativer tho Calro
This tons shipped in the same month almes Government that unomic chargo› market
quveled to Ne preesat darth@*#TW#7; Second who to reach a final presence of her troops in the morning at the fuliging rates of last year As
Sterilog note: (900 €)
Prices closed today esfol zone là, in, the” general, tdi, DOMATEN PADA 11). settlement of Britain's war debt Canal to Egypt
OPERA strategio interest of therion Indonesia guilders per 100)
Bara; Sickla poc. (109). Both British and Egyptian Communist world. Associated guapore (Bwalls), officials connoctad
"The Press.
First was to find a base for
Britain, standing pat on the provisions of the treaty, has re-
∙is due to expire in 1900.
streamlining a 20-year Anglo- fused so far to evacuate Egypt. Exchange Rates seniled only 520 tons, compared Wheels No Endewa trom 210.0. -Egyptian defence alllanes which Sho has not out to perrunde
FIO plesires (per 100)
50
0.01
1.015. Magy 11.00
AŞ BUTTERFIELD & STRE,
Chtun. Nhrigaštan Cou-S
"
DUE FROM:
SAILS FOR:
New York via Manila Middle of Jan.
Pushan, Kobe, fiagoya, Yoko hama, San Francisco, Angeles, New York, Baltimore, Philadelphia, Barton
via Panama Canal Middle" of Jan,
Is
Now York via Manila, Middle of Jan.
Kobe, Nagoya, Yokohama, San, Francisco, Los Angeles, New York, Baltimore, Philadelphia, Boston via Panama Canal. Middle of Jan.
(Transhipment cargo accepted for Jamaica, Havana and other Cuban Ports, also Venezuela:)
LIMITED PASSENGER ACCOMMODATION AVAILABLE
Above Dates Subject to Change
For Information Apply to:
AP. PATTISON & CO., INC.
GENERAL AGENTS: CHINA, FORMOSA, KOREA, JAPAN AND HONGKONG,
12-14 Queen's Road Central 4th Floor.
CHINESE AGENTS:
44 20840;
OVERSEA CHINESE - STEAMSHIP CO., LTD.
48 Bonham Strand West: 1st Floor,
#811118 C
PAIRIZAY