Page
THE CHINA MAIL, TUESDAY, FEBRUARY 20, 1951.
MESSAGERIES MARITIMES MALAYA TIN PRODUCERS Cotton Textile
M
"DEAUVAIS".
ARRIVALS from Japan SAILINGS
M
PASSENGER/FREIGHT SERVICE
"FELIX ROUSSEL" "LA MARSEILLAĮSE“ "LA MARSEILLAISE"
"BEAUVAIS" "MEINAM"
“GBANVILLE"
to Marseille vis Manua to Japan
EXPECT CONSUMPTION
20th Feb.
TO SHOW
1st Apr.
8th May to Marselles via Maulla 19th May
FREIGHT SERVICE
N. Africa & Europe 27th Feb. ..N. Africa & Europe 18th Mar.- ..N. Africa & Europe 27th Mar.
for
TORT SAID, TUNIS, MAbseilles, Algiers, oran, TANGIER, CasablancA, HAVRE, DUNKIRK,
ANTWERP & ROTTERDAM.
CIE DES MESSAGERIES MARITIMES
Queen's Building
Tel. 26651 (Three Lines)
WATERMAN
STEAMSHIP FAL CORPORATION
MOBILE ALA USA
WATERMAN LINE EXPRESS
FREIGHT SERVICE
FROM U.S. ATLANTIC COAST VIA JAPAN
*. *. "ANDREW JACKSON" ...Due about
. "KYSKA”
AN INCREASE
Singapore, Feb. 19.
Malayan tin producers are of the opinion that 1951 will be a more profitable year than 1950, and that present prices are likely to be main- tained.
·
They are confident that no "burdensome surplus" is likely to materialise for some time.
HONGKONG SHARE MARKET
It is felt that, with extremely high industrial activity in Great Britain, the United States and elsewhere, the
I
Market
New York, Feb. 19. Quida conaltions 001- inued, "to prevail in the chitózi" _texilid" maźket to- “Milawalled action
by Price Stabilkation Arenor on whether THW cotton is to be under price control,
-The wool-goodie-market- was stalcmsted by pricing uncertainties -and the strike ** of woollen and wifled mill workerE,
Rayon goods were dull. -Associated Press.
present rate of consumption is likely to be maintatued if Trade Union
not exceeded, and that world production will not be suf-
ficent to keep pace with combined stockpiling and ime Conference
diate consumption.
Despite additional dredges] backwardation of London which should be working this prices and the fact thất the year, production in Malaya is Singapore "market "pells easily. unlikely to excod. last year's every ton offered daily, Walle total of about 60,000 tons by stocks bro un Dilber mo than 5,000 bon.
satoltars are
more
The volume of busness transacted on the Stock Ex- change this morning was operation, while throe new valued at $359,870.00.
The units
are nearing the produc-
withi
In Warsaw
over
the
At present 78 dredges are in emergency in Bunce and Italy, begin takes
down for major repai
half day's buzlness and closing tion stage, but seven are due to price were as follow:;—
close
SHARER BUYERS SELLERS SALES which
BANKS
LUK: Danic
Ext Asia ** 100 INSURANCES
Clapton
1320
manthe
36 12:5
20 €. 1224
Will
take soveral
small gravel-
London, Feb. 19. the Trade union officials from all world, including
'production · only] thTM Warsaw today at a meeting If the improves of the World Federation of
1961-Goes Trade
Radla
is should hot b
crociad ́ ́bronhiction
opencast mines in opera- than 15 valklinet"!
There are 638 pump
80,000 tons.
Baillant. Secretary General of
Executive, sanid “hi
the
tha
vibe kugundo FLY Indo- & Foderit that the work
union were assuming “loercar- the importance in view of the Anglo American war prepath. tions
first
•
10 1 tion, but the lack of electric nesla may" "Voltasdy, audet a
power restricts their operation production, ini. Banda and the cecutive and amilated for several hours daily and the Billten. Production. In Sum samo power situation seems unlikely may, however, know an in
to improve sufficiently to per-crease ba the 1950 figure, me mit full-time operation during several dredging units are, ro 1951. Malayan production partes in Be, neeing the The Ar duty of trade this your therefore is likely to production stage after reb
after rehabill- unionists, ho added, "was" „40 be little more than last year's tationXPORT DUTIES
fight for peace by all the means at their disposal. In September last
year, the Ometal leaders of East Euro- WORLD OUTTUT
Federation of Financial Officers pean squntries, including M. World production in 1951 is estimated
revenue from Vassili Kuanetrov, of the Soviet estimated to be about 100,000 un export duties in 1951 would Union, were present at the meet- tons and consumption about produce $53mm, but the esti-ing. 145,000 tons, somewhat lower male could" nol
Into A communique later broadcast than in 1940
rationing consideration the higher prices by Warsaw. Radlo said that the was in force. Stockpile puc- which have ruled since then,meeting was "to co-ordinate the chapes caslly absorb the differ- and it was based on a much international action of C. Light (N) 3.70 3.00 300 4 330| once. between production and smaller in price at ad valorem unionists all over the world for
HK Hole.. Gao
Unkn
630 870
Undna writers 5.10 HK Fire
140
DOCKS, ETC.
K Wharf ..
*P
100 @ 01 200 @ 10.
N. PL. Wharf
6 5.20
Dock
14
S'hal Dock
3.10
..... 27th Feb. 1951
Wheelock..
20
200 @ 21.
LAND, ETCC.
22nd Mar. 1931
7. 600 7
500 @ 6,90
2015 Land
30
39
S'hai Land.. 1.35
UTILITIES
Star Ferry
Tram...... 1250 曲
200 @ 12%
C. Light 10)
4.
■ ■. "ANDREW JACKSON"...Sails about ....
"KYSKA"
500 @ 0.10 271 @ 8.
28th Feb. 1951
"
23rd Mar, 1951
DIRECT FOR
NEW YORK, BALTIMORE & PHILADELPHIA VIA JAPAN & HONOLULU.
ALSO ACCEPTING TRANSHIPMENT CARGO FOR
• GULF PORTS.
WALLEM & CO., LTD.
Agents
Hongkong & Shanghai Bank Building Telephones:-38041-5
MAERSK LINE
FAST FORTNIGH TLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis SAN FRANCISCO, LOS ANGELES AND PANAMA
NEXT SAILINGS
M.S. "OLGA MAERSK”
M.S. "LAURA MAERSK"
M.S.
"HULDA MAERSK"
Feb. 27
Mar. 15 Mar 80
1000
2000
Bonus Shares J.BO
Electric ....
1 300
Telephone Tel (New) INDUSTRIALS
Cement STORES, ETC.
Dairy
3,75
3.70 3.30
fin
when
that
trade
defence of peace." It was decided to transfer the Federation's headquarters imme-
the
rates.
The same officers fully consider that the
today Federation's
because of the French Govern- ment's ban on its activities
30
that smooth working could start on Feb. 26, the communique added. Reuter.
consumption.
Il pointed out that several 500 @ 8.30 countries are still not 2020 1000 203 rehabilitated, and when this is revenue from this duty is not diately from Paris to Warsaw
400 2014 accomplished
consumption of endangered, and that a consi- 100 2014 500 20% will increase, while there derably increased amount will 200 201 Is a yit no evidence of any accrue even if the rate of duty 1000 ir 10. switch from in to substitutes is not increased.
such as aluminium.
Despite a substantially greal- Political conditions are bound or existing and potential 'to exert some influence on carning capacity, the shares of consumption, but it is Malayan tin-producing compan- unlikely that these influences les remain
aln depressingly low, will result in decreased con- indicating a lack of confidence sumption in 1951, as the whole in productive ability, or fears tendency at present is to of an cutbreak of war and the acquire maximum stockte of consequent euiting metal, witnessed by the Malayan output.
82.
12% 13% 500 4 13
1234
Dairy (N) Watcom ... 2235
L. Crawford 2141⁄2 Sinceres
.... 2.90 COTTONS
Exo
2.20
90 64 21 300 @ 2115
LONDON TIN
MARKET
London, Feb. 19.
The Un market opened today strong, willing to recover the ground lost an Inst week. Tiap-
Over a 105 tons, including 35
future
as
Global Economic
off
of
Position Surveyed
topics pd today at the end By United Nations
for spot.
Prices
of the officias morning session pa follows:-
Spot tin, bayan a 1.490 Spot tin, sellers
1405
Business, done at szer $43 Three-months in, buyers 1,43 Three-months tin, sellers 2,440 Gualne done at Settlement
19-1,400-
United Pres
TANKS OF ALL SIZES AVAILABLE FOR BULK OLL New York Rubber
ARRIVALS FROM U.S.A.
M.S. "TREIN MAERSK”
M.S. "PETER MAERSK"
M.S. "LEXA MAERSK
Mar. 11 Apr. 1 Apr. 18
The
Futures
For Freights and Further Particulars please apply to:-Exchange Incorporated
AGENTS:
:
JERSEN & CO.
Pedder Building
PENINSULAR
Tel. Nos. 26661-3.
in
Lake Success, Feb. 19.
Dr Trygve Lie, Secretary-General of the United Nations, tonight issued a UN survey of the global economic situation för 1949-50.
It noted economic progress in occupied Japan and Western Germany as well as most of Europe,
British Govt.
Bonds
*
London, Feb. 19. President velling knocked up
to of point off the price of Edilish government bonds on the London Exchange today,
Oils lost ground and foreign bonds were dull.
Industrial blue chip Issues were, mainly firmer. Textile isintes were in
and engineer
| especial
Japanese bonds of the 1907 serien shod 1⁄4 of a point to cloes nt 55 and the 1930s were, off a full point at 75. The 1910s gained: half, a point at 42,
The Financial Times Index: 123.1.--Associated Press..
Newspaper Strike In Buenos Aires
Buenos Aires, Feb. 19.
of the Inde
but warned that the world's "under-developed" pendent newspaper La prede countries have been making little or no progress.
The survey, predicted cut- New York, Feb, 19. backs in civilian consumption In dullness continued
the United States in other both spot and futures market nations.. "participating in the for rubber, No transactions rearmament upsurge." It said the took place on the Commodity
under-developed countries in] where Latin-America and the Far East the final prices nominally were showed "relatively little ecano- unchanged to up 200 points. mic progress during this period The outstanding interest in while some of them even retro- rubber futures up the
to
While the close gressed
productive equip of trading on Friday totalleg 189 basle lock contracts, including 79 contracts mont is the underlying cause of in March
Biay: 10 delivery.
nd under-employment in July 20 contracts of tea tine developed countries, these each Under the Government tries
are shown to be subieni regulations, this position must also to problems of industrial be liquidated by March 31. unemployment, especially where
fol- effective demand falls or Prices dosed today at lows:---
July
.
Sch
& ORIENTAL May
PARABIT
STEAM NAVIGATION COMPANY.
R.M.S. “CHUSAN”
SAILS:
NOTICE TO_PASSENGERS
BAGGAGE:
7500 PV 76.00 aaked
19154 bid 13.00 bid --United Press.
under
supply
of raw materials is inadequate,
The report recorded improve-, ments in industrial production
ין
Sending Coals To Newcastle
London, Wb. 19. Britain has bought 10,- 000 tons of così froiti India,
Mr Pidify Woel-Baker, told the Hodes of Com.
Mare will be Bought I? It does not prejudice · la • dia's exports to... mommu markets, ho sắ ter.
and of the News Vendora' Union' held a two-bop meeting on Monday and scheduled another for Tuesday in an effort to settle the dispute, that, as
halled publication of the paper.
Monday's meating, the second 'Friday, ended at 8 p.m. No since
est was made by either
strike started 25 days ago when the union demanded the prelfisive right to distribute the paper in Buenos Aires, plus 20 percent of La Prensa's "Want" ad income-United Press.
Strike
On Bourse
-¿Paris, Feb. 19. -Brokers employees staged a surprise one-day warning strike at the Park Bourry
today stepping most stock trading and closing down the gold market. The strikers demand a 15 per * Increase.—United DIY
and supply of food and other CHICAGO CRAIN P consumption goods In both
and Western Ger
New York Sugar Eastern
Futures
New York, Feb. 19. World Fugar futures closed here. *today' 3 to 11 points higher, with nales totalling 445 contracts.
L
today
Beptember
Contract No, # MAY July September
4,06 bid 4.88 bid 491 traded 440 -4.91 traded 4.85
B.es bid
Spot
3.83 hit BAO
-United Pres
SATURDAY the 24TH FEBRUARY at NOON for the UNITED KINGDOM via Btraita, Colombo, Bombby, Aden Ep and Port Said.
ALL passongére baggage must be sent to the Hongkong & Kowloon Wharf Co's Godown at NO. 2. GATE,
many.
of
Was
•
FUTURES
Chicago, Tab...19. Prices of grain futures, closed here-today as foBowy
Wheat-ocke per babel,
h
December
1.0033
On Japan the report noted: "After adoption of an economic programme in stabilisation December, 1948, there was some increase in the physical volume March
production in 1949 followed May Contract No. 6 closed here today: 1 lower to 1 higher, with by a further increase in the first July
half of 1950. Inenensed
producSeptember males totalling S1 contracts.
tion
probably due Cora Prices
closed
amain to higher productivity. Epqt follows:
Arch Contract No. ⇓ (world)
The level of unemployment Mar March
remained
about the
September throughout the entire perlodcember and the volume of visiblo un- employment' remained low relation to the babour force.
and 1950 the Mw York Tour-per 200 ib. mek. "Between 1948 margin betwoun the official
$13.73-United Pries. prices and the free and black market prices narrowed... ̈‚ap=" meat
in supplies and ros? Dusiness was done in the local wagon Incrossed substantially.” imofficial exchange" markat this | United Proms morning at the following rates>> Sterling holo (par (8) camera 13,00 0.005 Indonesia gulldor (per 100).. 3.00 30.00 1.745
In
July
March
CANTON ROAD ENTRANCE Exchange Rates procinbly owing to the improve-Si
NOON οτι FRIDAY the 23RD pul FEBRUARY.
SPECIAL NOTE: With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must pass through the Wharf Co.'s Godown for loading on board by ship's slings only.
TEMBARKATION: Will take place on SATURDA
24TH, FEBRUARY between and 11/him.
un. dollars (por: #11 swticala (per 100)
Singapore
[103]
Rubber
Futures
Singapore, Feb. 19.
Price of rubber futines bere closed today: as' follow--- ? Number 1 rúbbur,, per 10.
February
-March
Sewing Machines
pore" (Dielts)
Cpl (per 100)
109.30
Crudo Rubber
Nurembur, Feb. 20... Geziňany has 4 become the world's bladest exporter of BTW-
Number
the
New York, Fetx-19ing machines, it was announced Number Crude rubber #No. 1 "Austurse at the meeting of manutaotzirers. klimt closed quilt with moʻsal?».
February
Telga Spot-No,'izio ribbedņusmoked
BwUzerland The
UTLO
R.I.L.
ROYAL
INTEROCEAN
• SINGAPORE JAVA PORTS and MACASSAR. "TJIWANGI” "TJISADANE" "TÁRMAN" • "TKTJALENGKA” "VAN HEUT8Z" •
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• MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA **TJIPANAS”
"STRAAT SOENDA”
ARRIVALS
In Port 24th Feb.
25th Feb.
12th Mar
In Port Petang & B. Dell.
ARRIVALS
LINES
SAILINGS 28th Feb.
7th Mar 16th Mar. 23rd Mar
SAILINGS
13th Mar.
.26th Feb.
7th Mar.
13th Mar.
pot proceeding to 8. America.
ARRIVALS
"TJISADANE”
"TJIBESAR.
"BOISSEVAIN”
**
• JAPAN "EITPANAS”~
JAR"
OENDA”
8th Br
12th Mar.
2trd Diar.
18th Máź.
8th Apr,
24th Mar.
SAILINGS
#nd Mar.
29th Mar.
ents: HOLLAND EAST ASIA LINE
EUROPE via MANILA and MALAYA
“LANGLER
Tired La Bs/L” Iztued to Modilarṛanden und Northern
ARRIVALS
Bih.Mar.
mla. Apr.
SAILING'S
8th Mar Early. Apr. MAY
ין י. - -
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6th Mar.
"AAGTERERE” + "ALMIERE" + "LANGLEESCOT”
ARRIVALS 5th Mar. Early Apr. May
M16, Apr.
+
via Manila,
ERING'S MOLDINGESPUITENDNESE: 0905T0RBMU1t SEURAIS JAUNYS-BL-CHÄMARGÄT RUOAN BEERS/3096 BER
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1
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