1949-05-16 — Page 9

The cilina mail, MONDAY, 'MAY, 10, 1940.

Pago

BUTTERFIELD & SWIRE

Agents: CHINA NAVIGATION Co., LTD.

"TBINAN" "AWAYANG"

"PRODUCE"

*. “FAKHOI

"FENGTIEN"

"SHENGKING"

SAILINGS TO

..Swatow

Ainoy, Swatow, Saigon

& Bingapore “........

Yokohama & Kobe .... Suatow

Yokohama & Kobe

Shanghai

"HEINRICH JESSEN'Amoy & Swatow

"PAKHOI"

"POYANG"

Inchon & Tientsin

Bangkak

"HEINRICH JESSEN'Singapore & Tenang

"FENGTIEN"

Singapore, Macassar,

Sourabaya & Batavia,

p.m. 15th May

p.m. 16th May

p.m. 18th May noon 17th May

5 p.m. 17th May

p.m. 20th Mar

5 p.m. 20th May

5 p.m. 21st May 24th May

5 p.m. 27th May

* Balls from Custodian Wharf

ARRIVALS FROM

Swalow

"FENGTIEN"

Singapore

"HEINRICH JESSEN Foochow

"PAKUOI"

"TEINAN"

"SHENGKING"

""HUNAN”

"NANCHANG“

"POYANG"

"FATSHAN"

"WUSUE"

Swatow

Shangbai & Keelung Tientsin Inchon Tienisin, Inchon &

Pusan

.Kobo & Keelung ...

RIVER SERVICE

.Hongkong/Canton DET. Honghong

7th June

3 p.m. 15th May 13/16th May

,10 a.m.” 16th May 10 am. 18th May .7 am. 18th May

19720tit Myers

2011 May 20th May

Canton/Hongkong

ARR. Hongkong

Midnight 10th May. 7.30 a.m. 18th May.

HK/MACAO

DEP. H.K.

2 p.m. 14th May.

2 p.m. 21st May.

MACAO/BK

ARR. H.K.

5.45 p.m. 16th May.

5.45 p.m. 22nd May.

Agents: BLUE FUNNEL LINE

Schedule Sailings to Europe via Aden, Port Said.

"AGAPENOR"

"AENEAS"

"ANCHISES"

"DOLIUS"

"MENTOR"

"AENEAS"

"ANCHISES"

"CYCLOPS" "DEUCALION"

"MENESTHERS"

Genoa, Marseilles. Tangier, Liverpool & Glasgow

Tangler, Casablanca,

Havre, Liverpool

Genon, Marseilles.

Liverpool & Glasgow

ARRIVALS FROM

U.K. via Straits

FINANCE

New York Stock Exchange

New York, May 15.

Fresh buying power altered into the stock, market yesterday as a slow advance advance ex- tended into its fourth day. The overall rise in prices was the largest in 10 days, Trading was at the fastest rate for a Satur- day in the past four weeks with volume

to mounting shares..

AND

COMMERCE

MIXED OPINIONS ON INVESTING IN INDIA

New Delhi, May 15.

Recent Indian Government afforts to attract foreign capital investment have led some foreign busi- nossmen to express mixed reactions. Most foreign firms in India are making money, and few if any businessmen have gone home in disgust, but nearly all have complaints. The cause of some of their troubles could be eli- minated at once. Others will exist for years: Skilled labour is hard to find knowledge or capital goods in prevalent. the country to raise the standard and labour strife is

transport holds up of living. Indin can use all the Inadequate supplies and hampers distribu- outside assistance it can get, and if it does not take it, I do not The fulan A shortage of building ano-

terials delays plant expansion slow what we te going to wee and erection.

here in the next few years.

380,000

Copper and ralts were any favourites: -With-the-copper stuypta, fzqut-of-the- market for the second trait day, Baturday's rise stirred fresh prelation in Wall Hiraet uver the possibly that long-heralded sustained rise might be shaping up. Vint that the groundwork may be under Way

declive more. tur *

zome

poor. Htrength in the rail prep maxtremert

the

theory

are

"India is willing to make con- The communication system is

telegrams

delayed, cessions to foreign capital. The sometimes for days. Telephones market is here and about the only are temperamental and mail goes way we will be able to well here invest. If the foreign to astray. Customs are not helpful, and obtaining import

manufacturer adopts await-and- licences Gairm af n point or more were posted

calls for a great deal of patience. see attitude he may wait too long. pesterday for Ausronda, Cetro de Pasco,

complain that Gov-it Indin is lost, foreign business Foreigners American Smelting.

the help Dodge and

ernment departments suffer frem will lose much more. then with Kennwent up ermalice amoun

ent handicaps: one,

Rcapital it might have put into two Higher pricen were paid for Banta F

rent

of plants here." Associated Press. attitude Great Northern, Routhern Pacifio

super-bureareratle

trained under the Bri- New York Central rail shares. Alm up employees

U.M Steel (ulit, Chrysler, Monttish; and two, the Inemelency of

untrained new employees,

were

gomery Ward and American Telephone.

General Electric. Hoking back were Amerion Woollen and Gental Motora.

Dow Junra Average

Block 03.45,

16 al 13.

10 U11211m 35.96,

25th May

zo Industrials 175.29.

8th June

25th June

In part

16th May

U.K. via Straits & Manila

24th May

UK. via Straits

2nd June

UK, vla Straits & Manila UK, via Straits

16th June

17th June

NEW YORK SERVICE

from U.S.A. via Manila

15th July

Carter option to proceed via ot ber Ports to load and discharge

OF CRI

Agents: AUSTRALIAN-ORIENTAL LINE LTD.

"CHANGTE”

"SOOCNOW”

"CHANGTE" "ROOCHOW" "YUNNAN"

SAILINGS TO

Part Moresby, Sydney

& Melbourne Japun

Clowing quPLATÍOSOFT

American · Bmoking 44%. American Telephone 141N.

AKTA. American Taren Anaconda Copper 2014.

6. Aviation Corp. Baldwin Locomotive 101⁄2. Martini 4114. Bendix Aviation $14. Floring Aircraft 2114.

Bethlehem Bier) 25.

Borden Cu, 437%. Crondins Pacific 12%. J. C 33%. Chrysler $29. Colgate 34.

Commercial Bolvanta 1516.

furn Products KX.

Du Pont 190. Eastman Kextrak 44.

Edretrie Daht & Power .26%. General Electric 27

General Motors £7.

Twitch 61.

"Goodyear 21%,

18th May

27th May

ARRIVALS FROM

.Kobe

15th May

„Australia & Manila .. Japan & Shanghat..

22nd May

23rd May

All The Above Subject To Alteration Without Notice

General Agents for:

Booking Agents for:

AUSTRALIAN NATIONAL AIRWAYS, CATHAY PACIFIC AIRWAYS, SKYWAYS (FAR EAST) LTD. B.O.A.C., C.NA.C., HK, AIRWAYS, P.0.A.8., P.A‚A, PAL and N.W.A.

For passage and Freight Particulars Apply To The Above.

1. CONNAUGHT ROAD; CENTRAL.

Telephones: 36:3178 Private Esclange.

Brunch Office-50 Connaught Rd, W)-Tels, 15875, 321440 21878,

British

India

STEAM NAVIGATION CO., LTD.

S.S. "TAIREA”

Will load on 18th & 19th May (Sailing 10.00 a.m. on 20th May).

For SINGAPORE, PENANG, RANGOON AND CALCUTTA

Cargo will aką be accepted for MADRAS via SINGAPORE

at usual rates.

MACKINNON, MACKENZIE & CO.,

Agents:

. & 0, Building Hong Kong.

Tel. 27721 (5 Lines).

HONG KONG HAIPHONG

M. S. "SAN MIGUEL

Loading About 16th MAY, 1949.

Salling About 17th MAY, 1949

FOR FREIGHT & PARTICULARS PLEASE APPLY TO:--

Hominke Miolog 40%. International Harvester 24. Internatioani Paper 475. Internatluani Tel & Tel ID. Kennecott Copper 45. Blontgomery Ward 64.

National letiler 1.

National Lend 30.

New York Centra) 11. Packard Motors 57%. Pan American Airways 10. Pennsylvania 1.8. 10. Radio Curr. 12.

Heel Silk 12.

Remington Rand Republic Steel #M. Reynolds Tabarca 1872. Bcbenter 2474.

Bears Hoebuck 11. Shell O 2514.

Boctiny Vacuum 10. Kouthern Paelfie 419, Standard Brands 18%. Standard Oil of Golf, 64. Standard Oil of N.J. 47. Budebaker 10%. taion Bag 14. Union Carbide 34%,

U.S. Rubber 17.

ILS, Steel 72.

1.5. Lines 16%. Westinghow #25. Youngstown Sheel & Tube: G416,

len, Pub, Uillities 1415.

Associated Press.

NY COTTON

New York, May. 15. - Cotton futures were lower in Traders fairly active dealings. ascribed the lower trend to dis- appointing action of the market following termination of dealings in the May, 1049, delivery.

Fulures closed 60 US$1,05 lower.

July 32.00-84.

October 29.00-01. December 20.79. March 28.71 nominal. May 28.84 nominal. July 27.00 nominal. Middling spot 33.80 Assoclated Press.

Americana criticise the many laws affecting foreign trade which vere imposed by the British to discourage competition and have the not yet been repealed by Government of India.

the

CZECHOSLOVAK TRADE TALKS

Prague, May 14.

A Czechoslovak trade dele-

The British, however, will re-gation which has returned here advantages so long as In-after four weeks of still un- tain dla remains in Common completed negotiations in the United States, had successful wealth.

representatives of Indian law requires u certain talks with

of amount

Indian participation American and British Banks of business, and and business firms on increasing in some types

Czechoslovakia's trade with the this is not always easy to obtain. Indian capitalists have been cau-

twa Western countries, it was tious, and some take the altitude announced here today. that Indian capital alone can do investor anything the foreign jmight do.

Some Complaints This nationalism, common in most newly independent coun- trics, also la found among the lower branches of the evil

service.

The delegation will resume cov-. nemle talks with American Goy- ernment officials after collecting certain necessary data, the an- nouncement said.

has remained in the

Dr. Stetinsky, the delegation's segretary, United States. The seven-member mission, led by the deputy foreign trade minister, M. Evzen Lochl, Men in

different businessCrrived in New York on April 18 voice diferent complaints.

to continue the talks begun here farm machinery representative

three

hree months before. dicalers are reluctant to

Czechoslovak. trade and finan- slock parts, asserting that proficial experts are to open negotiat- percentages are not-high enough long in London about May 30,-- to justify much of

of an inventory. Reuter.

says

He paints to the lack of com-

petent help to re

on

to repair machinery, and a general disinclination the part of dealers to look after equipment once it has been sold,

he

A businessman who has spent 25 years In India says the lack of skilled labour is the greatest problem

lem for anyone establishing a plant here. Productivity, says, is extremely law because of lack of technical skil, inability to appreciate the intportance. time, and a diet that does little ventures build stamina. He to the prediction that a irm manu- facturing precision equipment here could not make a go of it even behind a 25 per cent pro- tective turiff.

Notice To Consignees

RADIO

Radio Hong Kong *This is broadcasting un

a frequency of 845 kilocycles per second and on 9.52 megacycles per second in the 31 metre band.

H.K.T.

12.30 p.m.Programme Summary. 12.32 p.m.Light Variety of New Ilar

Jensen.

1.00 p.m.-l'leno

P&O B.I. E&A

COMPANIES

PENINSULAR & ORIENTAL S.N. CO.

PASSENGER/FREIGHT BERVICE

LEAVES LONDON

Falled

2nd June

OUTWARDS

A "CORFU

DUS HONGKONG

Bth June

Ath July

A "CANTON"

A "CARTHAGE

10th June

1st Authet

Playtimes

Leath

***CORFU"

17th July

19th Aurort

Roth Beptember

Report and

"CANTON"

Jith August

---The-Southampton, Puri Bald, Adan, Bomber, Colomba Fazans A

HOMEWARDE

44. "CANTON"

• "CARTHAGE"

Austen.

* "CORFU

AL "CANTON"

Πουτ.

Blevens, (ORD) 1.15 News, Wrather www. anguffer 1A ENDA

1.25 p.m.-Interlude.

Foreign Lands." 1.30 .m.-*}*rest 2.00 p.m.-Close Down, 6.00 p.m.-Programme Bummary! 6.01 .t's wing Time." 6.30 p.m.-Orchestra) Faraourites. 7.00 p.m.-lospital equas Hall Ho

Juda Irmented (Btudin)

Balt 7.30 portuguess

(Studio) 8.00 p.m.-World News and News An-

alvin. London Relay) 8.16 p.m.lim Review by Rows Annoit.

18tudio)

ཎྜ

Ly

R.30 Like What I Like" pro-

rated by Joan Austen, tulio) 9,00 v.m.-"From the Editarinin,” (Lots-

don Irlay)

9.10 p.m.-"Concerto"

Pino Coneerlu

in E Flat Malor (John Irelan Ellen Joyen (Piano) in the Halle Orchester,

Clr- 9. Let dustler be Anne".

cumstantial Evidence "The Crippen Case." (BBCTS} 10.40

Muste for Dancing. 11.00 p.medio News Reel.

Irlay)

115 Weather Repet

mary of News from China. 1.20 p.m.--Close Duws,

LEAVES HONGKONG

DUR LONDON

.

Pib June

11th July

8th July

8th Augus

3th Augus

#hd September

10th September

4th September

3rd October

Biri October

Via Biospora, Pasang, Colombo, Bombay, Ades à Port Baki

FREIGHT SERVICE

1

"SHILLONG"

due 19th May

anila 22 Mar

... "TRESILLIAN"

"HILLONG" •

m.. "SOUDAN"

duo 18th May

4

the 12th June

anila 14th June

Jue Gth June

from London tinent

for Japan.

Cob

from Londen & Cen- tinent.

from Japan.

for London & Continent,

Btraits, Colombo, Gena & Mutuelles.

from London & Continent,

Fitted with tanks for the carriage of ell in hulk.

BRITISH INDIA S.N. CO., LTD.

(London

and Bum-

"TAIREA"

(Apest Line)

"SHIRALATM

(per Line)

(Apear Lins)

WAGE DEMAND

Pittsburg, May 14. The United Steelworkers of the Congress of Industrial Organisa- Lions tonight formally asked for a fourth wage rise for their 700,- 000 workers.

The demand, for an unspecified pay increase with social benefits, including pensions, was made in letters to 835 steel companies, re- questing negotiations.--Reuter.

Notice To Consigneos CONSIGNEES PER BARBER-WILHELMSEN LINE

M/V "TARIFA”

are hereby notified that their MLN. "IVARAN”

cargo is being discharged into the Hongkong & Kowloon Whart Having arrived Hongkong & Godown Co.'s godown where consignees of cargo are hereby it will be at Consigneca' risk notified that all goods have and subject to the

Wharf's

be

been landed and placed at their terms and conditions of storage, risk and expense into the go- and where delivery may of downs of the Hong Kong & obtained.

Wharf & Godown Kowloon Co., Ltd., where delivery may be obtained as soon BS the goods are landed.

Damaged packages are to be left in the godowns for examination by Consignees and Company's Surveyors, Messrs. Goddard & Douglas at 10 a.m.

No claims will be admitted after the goods have left the on the 10th May. godowns or failure to attend the survey.

Petroleum products are. badly needed in India, but an oil com-

To comply with General pany official speaks of transport

Bonded Warehouse Regulations trouble. This cannot be sur-

All broken, chafed and dam- consignees must have 1 'Re- mounted until the Government-

Omeer in attendance owned railways get more locomo-aged goods are to be left in the venue

where they will be when damaged dutiable goods tives and rolling stuck and are godown

examined in the presence of are examined. put on an offelent basis.

Messrs. Goddard and Douglas on May 10, 1940, at 10 am.

This same ometal says, how- ever, that the Indion Government has, co-operated to u very large extent.

if you

reasonable proposition and they can pos

ibly do something I think they will go out of their way help you." he remarks.

And

have a

Would Pay

to

No claim will be admitted after the goods have left the To comply with the General steamer's godown, and all goods Bonded Warehouse Regulations, remaining undelivered after the Re- 17th May, 1940 will be subject consignees must have a venue Oficer in attendance to rent. when examining damaged duti- able goods. All claims against

All

claims

against

. "BIRDHANA" •

due inth May

ails 20th May

due 1st June salle 4th June due 271h May

palla 30th May

from Japan & Amoy. for Calculia & Rany Aza via Straita.

from Japan & 'Amoy for Calcutta via Straits, from Calcutta via Straits, for Japan via Amoy.

• These abipe hare Befrigerated Cargo, spack

P.&O./B.I. JOINT SERVICE

.. "ITRIA"

m.s. "TRESILLIAN" *

.. "FULTALA"

dur 26th May mafle 30th May

from Calcutta vin Atralia.

Straite,

Klombar,- Karachi & Gulf port. from Japan.

dun 0th Junn

valla iith June

for Stralis,

due 21st June

* Accept cargo on through bills of lading

Madras,

Bombay Karachi.

from Karachi,

for Persian Gulf Ports.

EASTERN & AUSTRALIAN`S.S. Co., Ltd.

"NELLORE" •

due 21st May

aal 28th May

from Kobe & Yokohama for

Habaul, Manila, Brisbane, Bydgor, Mal bourne & Adelaide,

• Accepta carga en through bills of lading for NEW LEALAND FIJI ISLANDS FORTE.

For full particulars apply to:- MACKINNON, MACKENZIE & CO. .

Telephone Nos. 27721-4.

The SWEDISH EAST ASIA Co., Ltd.

ARRIVALS FROM EUROPE"

Discharging

M.V. TAMARA

SAILS FOR KOBE. M.V. OLUF MAERSK

SAILINGS TO EUROPE.

the

M.V. TAMARA

the vessel must be presented to steamier must be presented to a Western diplomat, ex-

the Undersigned within four- the Undersigned on or before cents to

presses the belief that it would toen days of the ship's arrival, the 24th May, 1049 or they will pay foreign business to come to

No fire

effected.

Inilla. Ho says foreign firms or they will not be recognised. not be recognised, here

and are making money points out that a World Bank delegation was told by foreigners they In Bombay recently that

about are guardedly optimistic India's future.

"I think India is in a bad spat "There nominal.-economically," he says.

is not enough money, technical

BARBER WILHELMSEN LINE

EXPRESS SERVICE

M.V. “TUDOR”

LOADING 18th MAY

· for

PACIFIC and ATLANTIC COAST via JAPAN

Transhipment cargo accepted for South America and West Indian Porta.

Duo FACIFIC COAST Duo NEW YORK

DODWELL

Agenta

Tol. 34174.

Hong Kong Bánk Building

JOHN MANNERS & Co., LTD. Mercantile Bank Bldg., "Top Floor,

8th June :21st June

CO., LTD.

Tel: 28021

will be insurance

No Fire Insurance will be effected.

WALLEM & CO.,

Agents,

DODWELL & CO., LTD.

Agents.

Telephone 34177-9. Hong Kong, May 11, 1049.

Notice To Consigncos

18. "KUTSANG"

From Calcutta, Straits & Saigon arrived. 18th May

Notice. To Contignoos

BB. "LOKSANG"

From Calculta, Straits & Saigon

arrived 11th May.

Damaged cargo ox this vessel Damaged cargo ex this vessel will be surveyed in the pre- will be surveyed in the pre- mises of the Hong Kong & mises of the Hong Kong & Kowloon Wharf & Godown Co. Kowloon Wharf & Godown Co. Ltd. between the hours of 9 Ltd. between the hours, of 0 a.m. and 10 am. on Tuesday, a.m, and 10a.m. on Tuesday, May 17th. Consignees are ad- May 17th. Consignees are ad- vised to have their Representa-vised to have their Representa

the tives

during present during the tives present |Survey.

Survey.

Consignbes are warned that Consignees are wamod that claims for damage or shortago claims for damage or shortage may not be accepted if the may not be accopted if the damage le not surveyed by damage is not surveyed by Messrs. Goddard & Douglas in Messrs. Goddard & Douglas IT! the presence of Consignees' the presence of Consignces' Representatives at this ap Representatives at this · ̈ap-

pointed time. pointed, time.............

JARDINE, MATHESON & CO., LTD.

“General Managers, Indo Chiifu Steam Navigation

Co., Ltd.

.

JARDINE. MATHESON. &. CO., LTD. General Managers, Indo China Steam Navigation

Co., Ltd.

Loading

For

18th May .21st May

.27th May

2nd Jund

ADEN, PORT SAID, GENOA, MARSEILLES CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM) HAMBURG, COPENHAGEN, OSLO & GOTHENBURG.

For further particulars apply:-

...

GILMAN & CO., LTD.

Agents. T

Tel. 31140.

ISTHMIAN LINE

(Isthmian Steamship. Co. of N.X.).

ARRIVALS FROM U.S. ATLANTIC COAST

8.8. "STEEL WORKER"

Discharging 3rd June. Sails for Baigon, Bangkok- Batavia Jed Junedar

SAILINGS TO U.S.A. via PANAMA 8.8. "LONGVIEW VICTORY" 8.8. *STEEL KXECUTIVE"

for.

Loading 23rd May 19th June

LOS ANGELES and NEW YORK For further particularm sypĪTS:

GILMAN & CO., LTD.

Agents.

Tel. 31146

Chinees Freight, Agents - 'DIN FAT & CO.) LTD, Tulsť 185R3, 15553) 3.23488-