MESSAGERIES MARITIMES
M
"GRANVILLE”
"FELIX NOUSSEL”
ARRIVALS
from Japan
from Marseilles
M
PASSENGER/FREIGHT SERVICE
"FELIX ROUKSEL" "LA MARSEILLAISE" "LA MARSEILLAISE”
31st Mar,
4th Apr,
SAILINGS
to Afarseilles via Manila to Japan
5th Apr.
8th May
to Marsellies via Manila 19th May
FREIGHT SERVICE
.N. Africa & Europe 1st Apr. N. Africa & Europe 8th May .N. Africa & Europe 15th May for
"GRANVILLE” "CDT DORISE” "BREST"
PORT SAID, TUNIS, MARSEILLES, ALGIERS, ORAN. TANGIEB, CASABLANCA, HAVRE, DUNKIRK, ANTWERP & ROTTERDAM,
CIE DES MEessageries MARITIMES Queen's Building
Tel. 26651 (Three Lines)
MAERSK LINE
FAST FORTNIGHTLY SERVICE TO:
NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis SAN FRANCISCO, LOS ANGELES AND PANAMA.
NEXT SAILINGS
MS. "HULDA MAERSK”
M.8. "TREIN MAERSK"
M.S.
Mar. 31 Apr. 19
Apr. 30
"PETER MAERSK❞
• This vessel calls Vancouver prior to San Francisco.
ARRIVALS FROM U.S.A.
M.S. "LEXA MAERSK”
M.S. "SALLY MAERSK"
M.S.
"CORONA"
For Freights and Further Particulars please apply to:-
AGENTS:
THE CHINA MAIL, FRIDAY, MARCH 80, 1951.
Gilt-Edged Tin
Tin Producers Have
Advance
London, Mar. 29, British Government bonds
the
mala WOTO strong point in an irregu lar semion of the London Stock Exchange today. “Advances” In~~Government Issues ranged up to 7/16 of a point,
Industrials were mixed. Ofnelined-lower.— Selected gold miniaɣ and copper slocka advanced,
Financial Times' Index: 120.5 Associated Press.
DECLINE IN
COTTON MARKET
Scheme For Breaking
Deadlock HONGKONG
The
Washington, Mar. 29.
The United States Government is studying a proposal from tin producing nations aimed at breaking the stalemate in international efforts to
set up a scheme for allocating the free world's tin production, Reuter learned authoritatively.
SHARE MARKET
Business on the Stock Ex- change during the morning Noon rates The proposal was submitted to the United totalled $222,418.10.
were as follows
1350
States during informal talks which have been SHARES DUYERS SELLERS· BALES going on here since Mar. 14 between representa-DANKS tives of the United States, Britain, Belgium, Bank Indonesia and the Netherlands in an effort to control the price and allocate-production.......
New York, Mar. 29. Cotton futures ended a scs- sion of alternate rallies and de-
The first stage of these talks olines with prices mostly on the concluded yestartlay. Delegates ! downalde. Nearby May delivery from overseas are going home hold to 45.89, the siling price, and reporting to their govern- but new crop positions became
having reached
a target for renewed iquidationments without and hedging when spot house agreement. demand for December V porated overnight.
Short covering by day traders bolstered July position at the close.
Paris Conference.
States
Plan To Make Newsprint From Bagasse
New York, Mar. 29. A US$15,000,000 plant to make newsprint from sugar cane bagasse -the waste material of the sugar in- will be built in dustry Florida.
INSURANCES
Canton Union Underwriters
SHIPPING
Asla Nav
DOCKS, ETC.
K. What X
R. F. L..
ROYAL
́ ́INTEROCEAN.
SINGAPORE JAVA PORT and MACASSAR [“TJIWANGI"
"TABMIAN”"* **
"VAN 'HEUTSZ" •
"TJITJALENGKA”
ARRIVALS
1st Apr. 1st Apr. „13th~Apr...
.20th Apr.
⚫ only to Singapore, Penang & B. Deti.
**only to Singapore,
MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA
"STRAAT SOENDA”............. "TEGELBERG”
"TJIMENTENG”
31 1550
250-200
JAPAN
715
20 720
1.20
\\\"STRAAT-SOENDA”
TEGELBERG”
*TCHMENTENG"
ARRIVALS
7th Apr.
5th May
ARRIVALS
7th Apr.
6th May
LINES
SAILINGS.
-Sik ̄Apr. 4th Apr.
24th Apr,
28IN Apr.
SAILINGS
9th Apr,
8th May
SAILINGS
9th Apr.
Sih Bay
Agents: HOLLAND EAST ASIA LINE
EUROPE vis MANILA
780
TA
N. P. What Dock
1000 d
5
72-2316
11.90
*and MALAYA
200 @ 24
"LANGLEESCOT”
Provident
Shui Dock .. 2.90. Wheelook... 23%
LAND, ETC.
HK Hot
XD-5.65
IK Land XD
"ALMKERK” T
Through E=/L issued 40
"ARENDSKERE”
·Modlivrranea and Northern European Porta,
ARRIVALS
SAILINGS
18th Apr, 18th May
18th Apr. Mid. May
Mid. June
ARRIVALS
Sual Land
Humphreys.
1.36 8
UTILITIES
Tram XD
11.00
1700 12
C. Light (0) 6.10 6.30 1500
0.10
5000
8.20
1000
6.20
JAPAN
SAILINGS
t Light (N) 314
500
5.70
"ALMIKERK” +
1000
"L'ANGLEESCOT" +
293
5.70
17th Apr. Mid, May
Fectric XD 24 241 200 @ 233%
300 @
"ARENDSKERK
Mid. Jung
24th Apr. 24th Bay
300 @ 24
+ via Dianila..
9.00
2500 10
1600 0 11
1744 1374
1334
100 14.20
700 1739
$1.05
But officials emphasised today that negotiations had not been broken off and that the talks) were being continued here by permanent representatives the tin-producing countries.
The proposal now under study The reported refusal of the by the United States Govern- Chinese Communists to agree to ment is that producer nations a peace parley was balanced by would agree to international reports of a more concillatory allocation of their un produc- attitude by the Russians at the Lion for a limited period on the
following conditions:
United (1) If the The news from the dry goods
Telephone trade continued depressing with Government will co-operato in
INDUSTRIALS The United Bagasse Cellulose
Cement X 1135 producers fearing a definite let-arriving at a price for tin satis.
with offices in
Hope XD down in civilian demand for factory to the needs of the tin- Corporation,
Clewiston, Florido, was formed STORES, ETC. apparel type fabrics which may producing industry,
Daby be followed sooner or later by (2) If the United States will recently to carry out the pre-
Dabry (N) a let-down in military demand commit itself in advance
to feet
President of the NEW CO- 1. Crawford for cotton cloths.
purchase for allocation any
Roza, COTTONS The market opened 4 lower residual surpluses that may be pany is Jonquin J. do
anticipated in production. Cuban engineer who developed new and successful process to 8 points higher. Thereafter,| (3) If the United States will it seesawed irregularly. The final demonstrate his willingness to
of maling paper from bagasse. prices ruled 6 higher to 34 points co-operate in the conclusion of Mr de la Roza sald today the expensive, the lower. Prices closed today as an international tin
agreement process is less
more abundant which would provide for alloca-saw tion of tin during periods
quality comparable mado from newsprint shortage and also control pro- | W duction
the
follows:-
Spot
40.00 nominal
NEW ORLEANS MARKET
during .periods of
surplus-Reuter.
U.8,
SCHEME
Washington, Max, 29.
and
wood.
material the
He added
that utilising
cane pre-
waste of the sugar
serves the forests and wild life
The United States, Britain, and aids soil conservation and the Netherlands, Indonesia and water supply because there is Belglum have wound up their no problem of deforesting
obtain raw materials, (two-year long conference on
Apr: 29
May
45.30 bid
May 8
July
45.30
October
$0.00
May 19
Deo:mber
40.14
March (1032)
39.93-39.00
May
July
32.74 nominal 33.34 -United Press.
Tel. Nos. 26661-3,
Spol May
Closing rate March 29.
44.91
July
45,30 bid 45.01
October
December
40.65-40.00 40,05
March -(1953)
May
July
39. hid 39.89 bid 32.20 bid
point
-United Pre
JEBSEN & CO.
Pedder Building
LOW PRICES
Calculators, Typewriters Carbons & Ribbons
The World Typewriter Co. 46. Wellington St., Tel: 20500.
Repairing Service,
Just Arrived:
SUMMER FLOWER SEEDS FOR IMMEDIATE SOWING
THE CLOVER FLOWER SHOP
Gloucester Arcade.
Seeds And Oils
tin without agreement on what The new plant, he said, will joint steps to take to keep be built on a tract of land ad- prias in check.
the United States jacent to
trilll Informed, officials sald the Sugar Corporation talks adjourned yesterday with Clewiston. It will utilise the out very
much progress on any sugar mill's waste and its initial
enpacity will be 45,000
PWD
སྦེ་ བ
Grain Prices
In Chicago
Chicago, Mar. 29. Prices of grain fulures closed here today as follows
SUKING'SUBERDING,STELEPHONES/EROS TERROITATE
AELI HIMALSAGIEN TAU,627 TUNNATGHIBE SINESTEKSTEN TANS
S. A. C.
ONLY SAC OPERATES TO PENANG
tu
Wheat-price per bushel
Spot
2AT
May
2471% -2.48
July
2.43% -3.45
September
2.40%-
December
Leaving Hongkong
Every Tuesday
Corp
at
Spot
1.7872
Kay
1.7812
Overnight stop at Bangkok
· July
September
3.75%
tons
December
188
Arriving Penang
Every Wednesday
.$.
Kya
May July
1.93
1.09.
Oats
May July
08-07-12 New York four-per 200 lb, mack. $18.2--United Press.
The US. called the meeting of newsprint annually on Mar. 14 in an effort to find No defnite date for ground out what could be done to in-breaking has been set, but Mr. better distribution of de la Roza added the plant can scarce tin, a commodity vitally be in operation in 18 months if needed in defence and elvillas suitable priorities for construc- production.
...on are obtained
sure
No official announcement bas) Announcement of the forma market here closed today un- been made about the break-up tion of the new company came
New York, Mar. 29. Prices in the seeds and oils;
following of the changed with exceptions:-
Castor Sced, por long ton, 2.80 FOB-Brazilian Port. nominal-United Press,
the
The alarmed by sharp rises in tin prices, was believed to be holding out for as inter- national ntlocation system to get available in stocks to countries which need them.
at a time when there is tight Exchange Rates supply of newsprint around the world-Associated Press.
SOME DOUBTS
Ottawa, Mar. 29.
A Government newsprint au-
Buninom was done in the 10003 noticia eximage market morning at the followice, rates o Sterlin Dotty: (per 21).... U.S. dollars' (per #1). Endoders ruders (per 100). Siam tipli (per 100)
FIC plastres (per ́ 100)
THE HONGKONG & YAUMATI FERRY CO., LTD. from a pre-Korean invasion therity today doubted whether Blagapore (Straits)
Ferry Service to Outlying Districts
(In force on and after the 1st April, 1951) CHEUNG CHAU
Leaving Hongkong for Cheung Chau
FERRY SERVICE
(Via Ping Chau & S.M.B.) To Silvermine Bay only.
(Direct)
To S.M.B. & Ping Chau
only.
The price of tin has soared
level of about 80 cents a pound sugar cane waste can compete to about US$1.50 Associated with wood in the manufacture Preas.
of newsprint.
PENANG FORECAST
Penang, Mar. 29. R. A, Mackay, of Penang's Easter Smelting Company, sald today that American re-entry into the tio market would probably fallow failure of the Washington Un talks to produce |an agreement.
"If and when America even-
He was commenting on 1 New York despatch which said a US$16,000,000 plant to make newsprint from sugür bagasse will be bulit in Florida. --Associated Press, s
саве
tually comes back, tin prices The Rubber
should rise above the present level," he said, adding:
"World
demand outside
| America, together with a certain amount of stockpiling by other
(Via S.M.B. & Pins countries, is sufficient at present
6.30 ..
8.65
(Direct) }
Leaving Cheung Chau for Hongkong
7.15 a.m.- (Direct)
8.00
9.10
+F
(Via Ping Chau
3.M.B.)
&
10.15
* 10.45
* 10.00
(Direct)
11.00
**
(Via
S.M.B.)
Ping Chau
&
11.80 12.00 noon
#
{ }
"
1.30 p.m.
(Direct)
Chau)
Ping
Chau &
** 2.30
(Direct)
S.M.B.)
**
4.20 4.30
(Direct)
4.35 4.45
("}
(Via S.M.B.
&
Ping
15
++
"
(Via Ping Chau
&
6.00
S.M.B.) (Direct)
** 6.16
}
Chau) (Direct)
"F
SILVERMINE BAY
6.80
FERRY SERIVCE
*
1.00 p.m.- 1:10
(Via
(Via Cheung Chau) (Direct)
Leaving Hongkong for Silvermine Bay
6.30 a.m.-
9.00 "
9.10
-
(Via Ping Chou)
11.00
(Via Ping Chau)
1,00 p.m. 4.89
(Via Ping Chau).
(Via Ping Chau)
Leaving Silvermine Day for Hongkong
(Via Ping Chau)
8.30a.m.
⚫ 10.10
10.25
* 12.80
11
2.00 p.m.-
6.00 6.16 6.00
#
PING CHAU FERRY SERIVCE Leaving Hongkong for Ping Chan
6.80 am
€9.10.
11.00
1.10:p,
(4.30.
Hongkong
(Via Choung Chau)
(Via Cheung Chau)
(Via Cheung Chau)
To Ping Chau only.
(Via Ping Chau) (Direct)
(Via Ping Chau)
(Via Choung Chau)
Leaving Ping Chau for Hongkong 8.55 am.'
to absorb our producflon," Associated Press,
TIN MARKET QUIET
London, Mar. 20.
Markets
Prices
Singapore, Mar. 29.
of rubber futures closed here today as follows: Number 1 rubber, per Ib.
MATCH.
204-2
216-217
Apell
319-123 208-209
Number rubber, March Mumber 3 rubber, Marchi .. Number 4 rubber, March Spot rubber, unbaled Black crepe
164-10
217-238
104-100
No. 1 pale supe
pusüritad Prem.
NEW YORK MARKET
A New York, Mar. 29.
The tin market was quiet to- day. Turnover Wis 65 tons, including 10 tons for spot. · Rubber futures today closed Priers closed today at the dull and unchanged with po end of tho official morning sales reported. May contract
session as follows:-
closed at 63.00 bki and July
Spot tin, buyers
1,230
Apot in, adlers
1,240
65.00
Business dona at
1230
*411
稳
Three-monthe tin, buyers 1,255 Three-monthe tin, sullers 2,100. Bustnem done at Bettlement
10.00 : (Vin B.M.B. & Choung Chau)
2.25 p.m.
4.18
# 5:40
(Via Silvermine Bay)
Sundays & Public Holidays only.ale! Saturdays, Sundays & Public Holidays only.
TAI 0-CASTLE PEAK FERRY SERVICE Leaving Hongkong.
Kap Sui Mun
Castle Pouk
2.00p.m.
8.00 8.45**
4.80-**
6.45
7.80 a.m. 8.89:
··0.16:
De contracta on,
Esked.
the must be liquidated 100-1,150 by March 31 under the Govern
ment order. Since the Exchange mited Press. Is closed on Saturday that NEW YORK KUPATA
means the remaining interest New York. Mar, 20. of 28 lots
Under
the revision of the by had, bal discharged
celling price permitted by the The spot market remained a Government's now margin.ra- dull affair, with Government gulations, spot in was quoted bids still reported much bolow today at $1.40 per pount, up a workable basis, ----United 12 cents from the former cell- Prom ing United Press.
Pepper Market
Advances
# New York, Hár: 20%. The pepper / market today advanced with epos"uttutulon moving up '0 cents and sollers holding out for 91,07 u pound.
reversal was coupled with
Leaving Tal
Tal Onal
Tung Chung.
"Cantlo Peak”.
Arriving Tai O
SUNDAY EXCURSION-DIRECT FERRY TO TAI
encing from the 29th April, 1962)
Kap Sui Mun "Arriving Hongkong "mis
9.455 12:00
The The Quartermastega annourice. 55004 premat on the wwance for marchara
Tung Chung
LONDON, MARKET.
London, Mar. 29. Prices of rubber Futuron closed here today, no-followr
Copra: Quist)^
15.07
28.50
1.817
14.00
General Agents:
+
SOUTH EAST. ASIÄ, TRADING CO., (SIAM) LTD.
69 Connaught Road, West. Peninsula Hotel, Kowloon.
Booking Agents:
Tel: 24292
Tel: 56416
AUW PIT SENG'S TRADING CO., LTD. ∙∙∙10, Pedder Street, Tel: 26733; CHIANG KUAT HONG
340 Queen's Road, West, Tel: 36204
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