1949-05-12 — Page 14

Pago 14 "

MAIL, THURSDAY, MAY 12, 1040.

ROYAL INTEROCEAN LINES

"TJISADANE"

*TJIBADAK"

Passenger

SEMINELTIKE SAYAJENIMAM ZANGENJAANE

JAVA-CHINA SERVICE

"TJITJALENGKA”

Arrivals

In port

from Macassar

& Java Purts 11th May.

from Macassar

& Java Ports 28th May.

Sallings

to Java Porta

& Macassar

12th May.

to Shanghal

12th May.

to Java Ports

& Mucassar

20th May.

to Shanghol

27th May.

to Java Ports

& Macassar'

0th Juno

HONGKONG-MANILA-CHINA SÈRVICE

•

Arrivals from Manila & Amoy 10 May

Salilig

to Manila & Amoy 7-120/May-

SUMATRA—MALAYA-CHINA SERVICE

"VAN RIEMSDIJK"

"VAN HEUTSZ“

Arrivals

from B. Deil

& Strails

20th May.

rum B. Dell * Biralty

1st June.

Salllige

to Straits & Belawan Dell

8th May.

to Strafts &

10th June

Belawan Dell

ASIA-AFRICA-S. AMERICA SERVICE

"STRAAT SOENDA"

"TEGELBERG"

"TJIKAMPEK"

"BUYS"

Arrivals

From Japan 23th May.

FROM SOUTHI AMERICA & SOUTH AFRICA,

7th June.

18th May.

~ 10th July,

Sailings

TO E. & S. AFRICA &

8. AMERICA

24th May,

FINANCE

AND COMMERCE

Russia Accuses U.S. Of Damaging Trade Practice

New York Stock Exchange

New York, May 11. The stock marke moved slow-

wero

ly downward yesterдby in stug- gish selling. Losses were mostly

shares fractional, 720,000 sold.

Of 954 issues traded, 413 lost and 241 advanced.

American Ice jumped abruptly in response to a outstanding

Geneva, May 11

The Soviet Union charged the U.S. yesterday with damming the flow of East-West trade by dis- criminatory trade practices and by imposing its export licensing system on Western Europe. Amasasp Arutiunian, Soviet Economics expert and

delegate to the session of the Economic Com-. mission for Europe, told the Commission that' the Eastern bloc wanted to increase its exports to Western Europe and would welcome any change in U.S. policy.

M. Arutlunian spoke "m", "Yas="" preserved by the developmezt.ol ponse to a statement on Monday trade, otherwise we would come by W. Averell Harriman, U.S. back to the obsolete situation he- roving Ambassador of the Euro-fore the war when the Eastern agricultural and countries were the penn Recovery Programme head of the US. delegation. Mr. producer for the Western coun- plan to retire Harriman pleaded for more open tries.

churged shares. multilateral trade and preferred

at a new, the Soviet bloe with refusal to Common was up one

pre-war high of 7 Preferred Jumped resume its traditional 17 to 90, also a top for the year, exports to Western Europe. 4 Dow Jones Averagesi

St+** $2.48,

2 Taquntziola 174.37.

15 Rails 47.12.

10

titles 10.76.

Clowing quotillons:

Adams Express 18%.

Alaska Jutras 3%. Amerhion Ch

06.

Alan Smelting

44,

22nd Juno.

American Telephone 140%. American Tobacco

8.

18th July.

American Waterworks 1

10th August.

Aunbunda Copper 27%.

Alfa Corn, C.

All Steamors Calling Mombasa & L. Marques Direct.

Transhipment cargo on through Bn/L to Par-Ex-Balzam,

Zanzibar accepted on all Balling*.

Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK"

'MEERKERK"

*AMSTELDIJK"

*HEEMSKERK"

Arrivals

FROM JAPAN Frid May

FROM EUROPE

early June Carly July

early Aug.

Sailings

TO EUROPE

VIA MANILA,

& STRAITS

End June.

End July.

end August.

Transhipment, cargo on through,Bs/L accepted to Indian, Mediterranean and Northern European ports.

Dffice Address: "King's 'Building, Phones: 28015, 28016 ́& ZAPIT Chinese Agents: 82, 'Connaught Rd. Tel. 31196 & 21631

DE LA RAMA LINES

arriving from u.s. Atlantic coast VIA LOS ANGELES & SAN FRANCISCO m.v. "DONA NATI". M.V. "BATAAN"

IS.

19th May

28th May

SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

(calls Shanghai & Japan) 4th Juno "DONA AUROBA“

my. “DONA NATI” ...... (

17

++

) 22nd June

Baldwin Lomotive 20%.

Farmall 43

Eesti Aviation 30

Bethlehem Hier) 2836. Being Aircraft 21. Borden Co 4114.

Canadian Paritle 11%-

J.L. Cbar 32

Chrysler $14. Citata 14.

Commercial Holvents 15.

514.

Vorn Products

1 Pant 190,

Enatan Kindak 444

Electric Licht & Power 25%. General Elretrie au.

General Mature GA,

Gurich '$2.

Goydur 4254.

Hentake Mining 41%. International Nerver 21: International Paper 107. International Te A

Tel 10%- Johns Manville 83%. Kruterul Copper £3. Montgomery Ward 55. National Distillers 176. National Lead 29%. New York Central 10%. Packard Mutárn·· 334-

Pan American Airways 41⁄2- Prunisania T.R. 26. "Ridlo Com. 1.

Remington 84. Republic' feet 20. Steynhilde Tuhneen 35%..

'Sets Roebuck 17.

Shell O 354.

Socun Vacuum 16. Southern Pacific 38%. Standard Brande 1839. Standerd Oil of Calif. Star 01 of NJ, G Studebaker 19.

Unton ng 24. Union Carbide 2844.

U.8. Rubber 37.

U.9. Stow 2014.

'US, "Lies" {5},

Westinghouse 3.

43.

Youngstown Sheet 4 Tube 64. Gen. Puls. Use $4.

Corporate bond were narrowly irre zuhr, U.S.Guvernments tended tower:

were Goldfield Cok Maher on the carb

"There is no reason for, the US to try to pass the ball," the The ab- Soviet delegate said, stacle to trade, lle within the dis- eriminatory practices of the US.

"The cbstacles to European trade will be found in the dis- criminatory practices of the West under the Marshall Plan."

Hong Kong Stock Exchange

ין

A dali and uninteresting morning. The Consulting Com- mitten of Douglas S.S. . Co. Ltd. announced a dividend of $5 free of tax for 1948, H.K. GOVT. LOANHI

4% an 103.

16 Lonn 11924 1910) 102.

31 en (1919) 1001, 102, 1002.

I'm Int.

HANKST

1.K. 8. Itank 1825), 1630.

(Lon. Reg. £gn.

Chartered Bank £101n.

-kkwwwmm tiktudjauk. A & A 2012

Bank of Exit Avla 13an.

INHURANCES:

Canton Ins, 370b.

Union T. (X.ft.) Gob, EGG. China Underwriters 5.90. JL.K. Fire Ins. 229. BRIPPING:

'Douglases 237.

11.K. M. Strambenin 171n.

Indo Chinas (Proč}_{X}}.) 90m.

(Def. (..) 23. Shell (Bearer: 65/-. Union Waterloats Suja Asli Nav. 03h, Shan.

1.K. K. Wharers 116jn. North Point Wharves £h, C«,

Abbal Honskew Wharves (X.[7. Zen. 1.K. Dk 3.0) 18.

China Providents 121.

The Soviet delegate expressed] DOCKS, WHARVES, GOBOWNB, Etc. his dissatisfaction with the work of the Commission's. Technical Committees and said the Com- mission should conalder ways of improving them. He charged that the Coal Committee,had oriented

tqwart America

and its task wants to make Europe depend on countries under the American coal. of the US. try to do the

"The present situation in that the Eastern countries are trying by every 'meutis to increase their exports to the West wille the Western

prite."

"All the Committees are, orient-

M. Arutinuion referred text that way," he added---Asso- Commission statistics which viated Press. placed the

of Eastern 'exports.

'countries' to Western

Alstring 1048 at US$1,275,00,000 India's Food

und their imports from Western Europe at US$930,000,000.

Marshall Plan Hit

"This means," he said, "that) the East soffa, more and la rendy to seit still more and the West willingly. sells loss and less This is due to one circumstance only the licensing policy of the which has been im

U.S. posed on the Western European countries. This le due to the demands of the U.S." under ine Marshall policy."

M.

པ་

Supply Could

Be Increased

Washington, May 10.

The United Nations Food and Agriculture Organisation Direc- tor-General, Mr. Morris Dudd, said today that, given the necessary funds, he could in- crease India's food production up to 40 per cent.

In an Interview with the Unit- ed. Press, Mr. Dodd said he would do this largely by supplying In! Arutiunian spoke in adian farmers with simple hand and milder form, then

Implements is 'customary ogricultural for the Soviet delegation at meet-through power and Irrigation ings of the Commission.

"It is important," M. Arutlun-

projects.

He said India was largely de

ian said, "that the Eastern coun-pelident on the United States tries export to the West, but it for such equipment since it was not yet available in large quan- is just as important that the ties from Britain -arid other West export more to the East.

sterling area sources.

Mr. Dodd, This is ignored by the U.S. dele-

who recently re- gato. Mutual interest must be turned from a tour of Indin and the Middle East, said he believed thn FAO would have an Im- money portant priority on any

United made available by the States Congress under President Truman's programme af ald for underdeveloped areas.

Russia Wants Trade Pact. With Britain

llo thought these funds might be given to the FAO directly by the State Department or through

com- A central United Nations

Half of the people of 'mittee. London, May 11,

the people of the world vull go Russia has fivited Britain 10to bed hungry, said Mr. Dodd. send a mission to Moscow to "If we had the money

to in-

THE DE LA RAMA STEAMSHIP CO., INC. Kölidhied. Northrop Aircraft: Cities - hugotiate, a one year trade pact, crease food supplies we could

(Incorporated in the Philippines)

MARINA HOUSE Tela. 23676-22075

CHINESE SHIPPING OFFICE Tels. 23738-20159

vide," Kamera tréluded Consoldated"Mining, and Burium Bloel.Asociated Prem,"

|

Consumer Income la

diplomatic sources reported contribute to political stability In unsettled areas throughout yesterday.

the world."United Press.

Soviet Ambassador Georg N. Zarubin was said to have sup- gested the British mission should make the frip 'as soon as current preliminary talks for a trade pact end.

THE EAST ASIATIC CO., LTD. US Drops

OF COPENHAGEN

M.S. "KOREA”

LOADING MID JUNÉ

for

ADEN, FÖRT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG, AND COPENHAGEN,

Tonks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., Queen's Bldg., 2nd floor.

LTD.

Tel. 34111 & 34112.

““WEEKLY CHINA MAIL” CONTAINING ALL THE LOCAL NEWS

OF THE WEEK FROM THE

“CHINA MAIL" & "SUNDAY HERALD"

..

Price 50 cents

ON SALE EVERY THURSDAY,

|

Money Market

Board of Trade President Harold Wilson la expected to ac tept the offer. The sources said Washington, May 11.5 may lend the mission to Mos American consumer income tow himself after his imminent dropped in March for the third visit to Canada. He were due consecutive thonth. It fell three to leave at night for a three.100 and closed at $11,17. per cent below to peak reached week visit to the Dominion: 1

"It was still four Both the Board of Trade and fist above.

March last your "The

Department the Soviet Embassy declined to said March consumer income was commiert.

per cent

et the annual rate of US214.300,-

- F

has Butan

offered to sell

000,000. This is US$2,000,000, Russin machinery and merchant

om below February.vernment shipping.

As used by

"Consumer income

presentes ?

In return this country would practically all income received by like Soviet genius, maize, timber individuals as distinguished from and wood pulp. torporations. Layoffs and short

Shanghat Dockyarda 2,100s.

Wherlocks 2015, 26la». MANINGA

Jesi Ainen

HK. Mites 41}%

LANDS, HOTELS AND BUILDINGA)

t, B. Bates 20ža,

11.8. Laste quib, GON, AN/Aben. Shapin Lande hält, 1.59sa. Humphreys tuh.

ILK. Tentin 20. - Chinese Falaten 1058. PUBLIC UTILIŢIEN.

K. Trowscyn 15.25in, Peak Tras (01) 280.

(New) 100.

Htur Ferries $15.

*C," Lights "rkidz 12.10.-12.20, 12«».

H./Ba.

**

(New) H.201

H..letries 296, 39/29}=s.

Macho Electrica 24. Sandakan Ilphút 9. Telephones Zaļa, Shanghai Gur 4-

INDUSTRIALS1

Cold. Meer. (Ord,) 2$n. Canton lees n. Cements 26). H.K. Ropes 10jne STORES., Etc..

Dairy Farms 29jb, 291, Walauna 41 je.

L. Crawfordia (Old) Zün. (New)

Binettes 0.8in.

n.

Chinn Emperium (X.D.) On. Bun Co., Ltd. 2)n.

Kwong Sang Hong 13an.

Wing On 1.K) 100.

Wm. Powell,. .td. 11. MISCELLANEOUS

'Chins Elitehtainments X. Rtn.) 201.

H.K. Constructions (098) n.

(New) 4 Vibro Filings 16. Marsman Investments 0/-. Marsman H.K.) 2. Shanghai Loan 21. Yangterra 3ận. COTTONE:

Ewo 4b, 4.80, 41. RUNDEN, Kie, COMPANIES:

Alma Entien du. Flatu Aname .200. Hate, Plantarkans, in, Chemor United 2õn. Cheng Rubbers' in. Comullitated Rubber in. Diminion Itubberà in. Püsting Rukkers a Repah Rubbere 25n. Rubber Trusts 20. Samsgaga Rubbers Pn. Semtambu Rubbers Bon. Shanghai Kedohm 12. Shanghal-Malays Shanghal' Sumatras 10. Tanah Meraha 400, Jungel Dutis 12.00.

Tebing Rubbers (201.

Notice To Consigncos

CONSIGNEES, PER, 17 BARBER-WILHELMSEN LINE

M/V "TARIFA"

}

US dollars opened at HK$6.17 yesterday and closed, at $8.17, with fluctuations between $0.16 and $0.18 in the interval.

"Sterling was unchanged at HKS10,50 but Australian pounds went up 10 cents to HK$13.50. Piastres opened at HK$11.25 Ticals were higher at HK$20 are hereby notified that their .a.100.

cargo is being discharged into NEI Cuilders opened at HK8 the Hongkong & Kowloon Whari 33.10 a 100 and closed at 101 & Godown Co.'s godown where cents lower.

it will be at Consignees, risk and subject to the Wharf's terms and conditions of storage, and where delivery may

SLANCASHIRE

COAL STRIKE

1

obtained.

be

?

**Demaged packages are to be in the godowns for

Manchester,

May 10. Work at the Chisnall Hall.left

AMERICANS. PRESIDENT LINES

The Global Flest

TO HONOLULU AND SAN FRANCISCO

via SHANGHAI & JAPAN

"President Cleveland"

"President Wilson"

"General Gordòń" (vla 'Manija & Japan)'

May 20

June.12 June 25

TO SAN FRANCISCO AND LOS ANGELES'

via JAPAN

"President Tatt"'

"President Bladison"

Blay 20

Juun 4

TO NEW YORK, BALTIMORE & BOSTON vla PANAMA

"President Grant" (Direct to Pacific Coast) "President Johnson (Direct to Facific Coast)

ROUND-THE WORLD

May 12 June 16

.

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ

- PORT SAID, "ALEXANDRIĄ. NAPLES, MARSBILLES,

GENOA, NEW YORK and BOSTON.

"President Jefferson" "Marino Snapper" "President Polk"

TO D.E.I. & SINGAPORE

"President Johnson"

8. George's Bldg.

May 17 June

June 14

May 10

Tel. 28172/8.

BEN LINE

BBIP *BENRINNES"

"BENAVON" **BENARTY"

"BENVENUE"

BENLOMOND" "BENYRACKIE” "DENLAWERS"

SAIP

"BENAVON" "BENVENUE" "BENLAWERS"

THBENRINNES"

"BENARTY"

1

"BENVRAÇKIE"

ARRIVALS

FROM

‚U.K. via, Singapore

do do

do-

- da

SAILINGS

****TO

Landon, Antwerp, Rotterdam. Ham- Burg & Hull," „Liverpool & Glasgow Liverpool, Havre, Antwerp, Rotter dom, Liamburg

DUE

Mla May. 26th May. End of May. 1st half June,

2nd half June, End June... Early July,

LOADING

29th May, 2nd half June. 1st half July. 1st half June.

2nd half June.

1st half July 3

"BENLOMOND"Genos, London, Ant- 2nd half July,

Tbiterdam

werp. .Hamburg.

Accepts cargo,for Japan

calls at Port 'Budan

For Further Particulars, Apply To

W. R. LOXLEY & CO. (CHINA) LTD.

York Building,

Agents

Telephone: 34165.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, In 16 days Thence San Francisco, Vancouver, Seattle & Portland

30th May M.S. “SUNNYVILLE"

ARRIVALS FROM PACIFIC.COAST

M.S. “FRANCISVILLE”

M.S. "CASTLEVILLE":

-22nd May

21st June

23rd May

. Salling to Singapore, Fort Swettenham

Penang, Belawan & Batavia

M.S. "FRANCISVILLE”

Passenger Accommodation Chinese Freight Agents,

·HOO FOOK PING King's Building. Tel. 27792

Notice To Consignees CONSIGNEES PER STATES STEAMSHIP COMPANY

S.S. COLORADO" are hereby notified that the cargo is being discharged into the Hongkong & Kowloon Whart & Godown Co's godown where it will lic. at: Constances terms and conditions of storage.

obtained.

`B'sik Oil Tarıka

· Apply: THE BANK LINE (CHINA) LTD.

THE BANK LINE (China) 14d.

Notice To Consignoes'

1.8. "MAIDEN CREEK"

Having arrived Hong Kong consignees of cargo are hereby nolified that all goods have been landed and placed at their risk and expense into the godowns of the Hongkong and Kowloon wharf and Godown Co., Ltd

d as soon as the goods

ard

•

week in imputace to where delivery may headed.

Ships Britain would supply Colliery, the role romathing pit examination by Consignees and risk and subject to the Whart where delivery may be obtain- turing Blits accounted ref most dry cargo verses christructed, to Laneshine spelfeld, stopped Soviet specifications Russia

the

INDO EGYPTIAN P

TRADE TREATY

India and Egypt kigboliza', ONG- year trade agreement here today.

Prika

RUBBER TUTURES

New York, May, 11.

Το

Officer

in attendance Carmichael & Clarke.

survey..

.

Goddard & Douglas at 10 2.m

No claims will be admitted Damaged packages are to better the Hogds have left the The Aegeriment said unemploy known to be Interested Talourde fuore if the county on the 10th May, ment compensation payments are, chasing tankers too but he this polking suffers in

comply with General left in the godowns" for ex godowns or failure to attend the culoring the decline in income. Coultry's tanker fleet fy below

Associated Press: Astrefigth it is unilkely to under-The dispute, which centres on Bonded Warehouse Regulations (amination by Consignees and

broken, chafed 37 and take any new orders Associted the miners claim for cheap coat consignees must have a Ho Company's Surveyors, Mersts

at 10. All For their familias, hao already

damaged goods are to be left cost Britain 14260 tons

when damaged dutiable goods a.m. on May 15, 1949. according to a histor

To comply with Genors in the godown where they wil and Rower announcement

are examined. Britain

Bonded Warehouse Regulation be examined in the presence Di Coal output in

No claim will be admitted consignees must have a Be-Messrs. Goddard and Douglas below the four, million ton mark last work for the fourth time this after the goods have icft the venue Officer in attendance on the 12/8/1949 at 10a.m.

comply with the General The maty in airject to tatucation Crude rubber standard futures year. The total deep-mined output steamer's godown, and all goods when damaged dutiable goods to com ly both governmenlaak were quiet with ndales, No. 1 last wellic (has low, ma 3,800,000, remaining undelivered after the are examined.

17th May, 1049 will be subject No claim, will be admijter, Donded Warehouse Regulations. Undar is torili Egypt would futures closed four Tower to one tons Bouter.

to grunt.

after the goods have loft the consignees must have. a. Re- expert cotton, rice and gypsum to higher with olds or 10 contracte

Steamer's godown, and avente Officer in attendance May 18.20 bid. India In return for Indian - jube,

claims

against the goods remaining undelivered when examining damaged duti- 19k coffee and allsUitel Fred July 10.10.

“NO DEVALUATION

steamier must be presented to after May 16, 1940, will be able goods. All claims against the Undersignell on or before subject to rent a pretty the vassal must be presented to COTTON TEXTILES

OF STERLING

"the 24th May, 1940 or,they will All claims against the sten- the Undersigbod within four London, May 10. New York; JMay 12

Mr. Douglas day, the Economic not be recognised.

mer must be presented to the teen days of the ship's arrivel. The cotton itokilf, markast::bralal ||

Secretary, to the Treasury, Ing

Undersigned dabr before for they will not be recognised. generally thally sesterifay with

Chan- No Fire Insurance will be May 23, 1949, or they will 21.burgh, May 11. affirmed today, that tie wone priola gelijem stably jlowar

No fire insurance will bo Star- offerted.

not be recognised, neglex Tuinblr Steel Corpo cut callot of medvetend for nearby delivery.

Woollens were dull. Hayong the price of malvanised sheet pho- forte Poland Berlin

No. AlreInsurance will be affected.

WALLEM & CO. were united with bette demand duet, LIUP1:50 °*, ton

effectian

Agènţu, DODWELL & CO., LTD. forated to put cents pounded must the on sonte

pAgentaż constructions, principally to 12 cents. National Tube Com Clancales of the Stenciller had

pries of already jeelded lilat yach Hong Kong, May 11, 1949. reflecking tharp · curtailment. "pany will remUCE THE “

ΠΟΥ

Hong Kong, May 9, 1949. production which has reduced galvarlund pipe USSIA ton to step was neither necessary

deffrible Reuter. subpiled Associated - Frame //

Asociale Press,

Beptember 18.02 -bid. 2**

ribbed smoked shoots 18% nominalakoulton Fredi PRICE CUT

because

19

',

DODWELL & CO. LTD.

gento

Telephone, 34177-9

MU) HASIE

1