1949-05-20 — Page 12

Pogo 124

as THE CHINATMAIL: FRIDAY, MAY 20, 1949.

ROYAL

⠀ INTEROCEAN

LINES

JAVAPORTS and MACASSAR

SAILINGS

"TASMAN"

«TJÍTJALENGKA”

"TJISADANE"

25th May

9th Juno ....23rd June

ARRIVALS

28th May 9th June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK"

"VAN BEUTSZ"

SAILINGS

..26th May

18th June

ARRIVALS

In port

1st Juno

EAST & SOUTH AFRICA & SOUTH AMERICA

SAILINGS

ARRIVALS

"STRAAT SOENDA"

26th May

in port

"TEGELBERG"

23rd June

7th June

**TJIKAMPEK"

18th June

"ROYS"

19th Aug.

In port 10th July

Calling at Mombasa & L. Marques Direct. Transhipment cargo accepted on through Bs/L to

Dar Es Salaam and Zanzibar.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

FINANCE

Hong Kong Stock Exchange

Enquiries to a fair extent are la the Murket; shares are not so randily available and rates show slight improvement.

Hệ tốt,ng, THANH

45% on 10th.

834 Iman (1994 ⇓ 7940) 100ju. al: Loan (1948) 201b, 101 BANKH

+

H.X. 8. Bank 18405, 10gr, 1650na. (n. leg.) Again, Charter Dark 10-15/15. Merre Baak A. & U. s. Back of Kant Aila 118/120ma. INSURANCES:

Canton Ina, 30.

Union (X.D.) efth.

China Underwriters 4.80m.

1.K. I I. 12.

SHIPPING:

Douglas (8.5) 1922.

I.K. & M. Steambamba 17in. Sexy Chirin Prof.) (X.D.) 20.

(Def. (X. Zavn.

Shells (ester) **/iją. ition Waterboats 20ju. Anin Nav. Ich DOCKS, WHARVES, GODOWNS, Etc..

H.K. & K. Wharves 1180, A. North Paint Wharves b. Bhanghai Honghew Wharves (X.D.) 18.

II.K. Dorka (3.15.) 1740.

China Providente 11.Glib.

thanghat lickyard 12, zh, tim Wheelocks 2.

MINING:

Raub Mine 453.

1.X. Mlue 01in.

LANDS, HUTELS AND BUILDINĖS:

I. Rulein 10,704, 11, 170 IX. La and, 43/44/4592. Shanghai Lada 2105, 2.200.

Humphreys 9.900, +10.50m.

1.K. Henities 11.

AND

COMMERCE

Lifting Of Controls New York

Open Invitation To U.S. Businessmen

New York, May 19,

Foreign trade circles in New York interpret the lifting of export controls on more than 500 articles as an open Invitation to Amorican businessmen ta got out and do business all over the world. They noted that the reloxation of controls the last week in April was mostly on goods that formerly were in short supply but are now readily avail- able. Some of them are in excess supply.

The

Department, time business boom, and of th Commerce

here as need to bolster rather than cheel move was interpreted almed at bolstering the domestic US, trade and Industry.

ссалому.

But foreign traders noted that the action admitting shipment of na- these goods to Soviet bloe tlons, came at a time when there were high hopes that tension be- tween the United States and war Russia in the Berlin area being relaxed.

The goods released from con-

U.S. exports have been drop ping Fairly steadily since reach ing

a record figura in 1947. Much of this was laid to a dol far shortage in other countrlos

But foreign traders frequently have complained that the export; licences required for the shipment of most goods to Europe Th slowed down trade through red

trol were ems not classed wur material. A ban on shipping ment in the last few weeks has these to the Russian bloc s released n growing number

items from export control.

na tape. The Commerce Depart-,

continues,

General Drive

0:

The recent lifting of controls was seen as a recognition that US. traders were being slowed down by unnecessary restrictions.

The Commerce Department's move also was seen as part of a general administration drive to flow down the business reces- It was also interproted as a slon. The Federal Reserve Board attempt to move into world trade has recently relaxed its restrie- lanes some of the American goods

installment buying, a piling up at the factories

interpreted as mills in the U.S., now that dones widely move heralding the government's ac- the demand had slackened-As-

sociated Press. ceptance of the end of the war-

1.K. Tramwaya 14.30h. 15.20a, 14.90/16vm. | tions on Peak Trame (Dld) 18.

SAILINGS

ARRIVALS

Chinew Eatsies 1000, PUBLIC: TULITIER:1

"MOLENKERK"

"MEERKERK"

End May End June

Early June

"AMSTELDIJK"

End July

"HEEMSKERK"

End Aur.

Early July Early Aug.

"MOLENKERK"

SHANGHAI and JAPAN

SAILINGS

ARRIVALS

End May

Traushipment cargo accepted on through Ba/L to India, Mediterranean and Northern European ports.

KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. ConnauGHT RD. C. TELS: 31196-25133

DE LA

RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO

m.v. "DONA NATI"

M.V. "BATAAN"

(New) 1011.

Star Ferries 9x4, 140mm.

Cults (Old) 124, 12am.

(New) ), basa.

1.K. Electrics 19žb. Wife, 101/30/201xx. Macau imetylen 243.

Aandakan Lights

Telephones 14, 201, 101/20.

Shanghai fins in.

INDUSTRIALS1

Cald. Mucz. (Ord.) 28m.

Cantu ie it.

Cements 2020.

1.

STORES, Rte.:

(fin.

Dairy Farm Bijb, 23. 11/34m. Watsun 41, 42j4, 60/1200.

L. Crawford (014) 25.

(New) 24o.

Steeres Gn,

China Emporium in. Sun Co., Ltd. 240.

Kwong Sung Henk 180n.

Wine On (ILK.)

#n.

Wm. Powell, L.), (3.0.) VÍN. MISCELLANEOUS:

China Entertatumenta (X. Rt.) 1. H.K, Contructions (id, 3, 4.

(New)

Vibro Piling 10n.

Maraman Investments /».

Harman (H.K.) 21.

Shanghal Gown 20.

Yongtrtem.

COTTONS:

Ewas 4.76b.

RUBBER, Etc.. COMPANIES.

21st May

25th May

Alms Estate

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

m.v. "BATAAN"

8.8. "DONA AURORA" (calis Japan)

my. "DONA NATI”

{

latu Anam

in. zen.

Bule Plantations in. Chemor United Aûn. Cheng Rubbern 28. Consolidated Rubbers in,

Dominion Rubbers in.

27th May

15th June

22nd June

Padang Bubbers 265. Repah Rubber 15n. -Rubber Trusts 20.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tela 2367622475

CHINESE SHIPPING OFFICE Tel. 23736-20153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "NORDFARER”

LOADING about 23RD MAY

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG,

OSLO, GOTHENBURG AND COPENHAGEN and GENDA if sufficiant inducement

M.S. "KOREA"

LOADING MID JUNE

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN. Tanks available for the carrings of oil in bulk.

THE EAST ASIATIC CO., LTD. Quran's Bids. And floor; -

Tel. 34111 34112.

AUSTRALIA CHINA LINE, LTD.

S.S. "BALUCHISTAN":

Loads 88th May

Salls 27th May

Direct for Rabaul, Samaral, Sydney, Melbourne,

Buy Adélaido and Bilibane,

Cargo accepted on through bills of lading for New Zealand and Fill Lafands Forte!

For freight and further, particulara "apply to:-

JARDINE, MATHESON & CO., LTD. Freight Dept., Fedder Birest.

Phone 20311

Bamagaza Eubbers 10n. Berambu flubbers Bon. Shanghal Kedaha Ja, Shanxbal-Maluze en Shanghai Sumatras 10n. Bungel Duris 12.00. Tanah Merah .com. Tebony fubbers .205.. Ziangbe Rubbers 11.

Money Market

US dollars opened yesterday at HK$6.66 and closed at $0.80.

from HK$8.50 to $0.08.

T

Britain Makes Up War Ship Losses

Douglas, Isle of Man, May*17.

and

The one million tons of shipping nooded to bring the British and colonial merchant fleet up to its pre-war strength of 17,400,000 tons is expect- ed to be completed in the next 12 or 18 months, Mr. Alfred Barnes, the Transport Minister, said today,

Stock Exchange

New York, May 19, Stock prices idled through a listless session yesterday and Anally finished slightly down.

Losses of fractions to more than a point outnumbered gylne, which were widespread but most- ty fractional. Transfers totalled 750,000 shares,

Among slumblers were Ameri- can Wellen, Western Union, Aliled Pullman, American Cheinient, Airlines, Loews: Magma Copper.

Gainers Included Douglas Air- Florida craft, Union Pacific, Power, Commonwealth Southern, Foolansbre Steel.

and

Dow Jones Averages: Stocks 98.22;.20 Industrials 174.02; 15 Ruila 1802: 10 Utilities 35.91.

Closing quotations: Adams Express 10 Alarka Juneau 34 American Can 883, American Smelting 4414 American Telephone 141 American Tobacco 70 American Waterworks 7% Anaconda Copper 29 Aviation Corp, 6 Baldwin Locomotive 10% Barnsdall 43% Berlix Aviation 21% Bethlehem Steel 28 Boeing Aircraft 21% Borden Co. 4115 Canadian Pacifle 1234 J.1. Cose 33%

31

Go

say solvents 144

Com

34/2

Froducts 93%

Dupont 1931 Eastman Kodai: 43%)

Electric Light & Power 25% Electric 37

G Motors 574

Goodrich

Goodyear

4936

Homestake Mining 404 International Harvester 243%

ternational Paper 48 International Fel - 7'el 10% John Mantle 35

Kennecott Copper 46 Word 5F Montgomery

14

National Distillers New York Central 113 Packard Motors 3% མས་ Pan

Auwrys Pennyyvania ER 15 Radio Corp. 11 Remington

Rand 84 Because Brilish trade is linked at the with world resources, wherever Republic Steel 21 Mr. Barnes, speaking National Union of Scumen's Con- trouble arises in the world, Bri- Reynolds Tobacco 36%

Rochuck.37% Scars ference here, described the Mertain is invariably involved.

British shipping losses during Sacy Vacuum 15%

Oll. 35 cantile Marine as a barometer of trado. The trends in British ship- the war were greater than those Sacony

Pacific 414 ping are a guide to the country's of all the rest of the Allies put Southern

despite together and,

wartime Standardi Brands 19% 'économic affairs, he added.

Oll or building, Britain

emerged with Standard a deficiency of about 4,000,000 Standard Oil of N.J. 674

Studebaker 20 on its pre-war tons

Bug 24 Union Union Carbide 98% "If avery parson, industry US Rubber 38% and organisation in this country US Steel 70% had a record like the sonfarocą | US Lines 10 and ship builders, we should Westinghouse Za

Oil Firm Scandal

Bucharest, May 17.' Alleged illegal transactions, involving 2,000,000 Swiss francs (about £115.275), which were carried out to the detriment of the Rumanian oil company, Creditul Minier, are being in- vestigated here.

The polico authorities alloge that M. Anton Dumitriu, sole ad- ministrator of the company from 1945 to 1947, tried to seize the

foreign asscis of the company. with the compilelty of two indus- trialists, M. Radu Xenopol and M. George Littmann.

ETOSS strength.

"

Calif. 891

pull out of our economic diff Youngstown Sheet & Tube 04% culties

Mr. Gen. Pub. Utilities 14%%% -qufakty,” very Barnes added in tribute to the Industry's redovery.

He said that it is to Britalne

to press for intarin advantage tional shipping standards because "we never four competition."

But in pursuing ideals Britain not go to the extent of must handicapping Itself in the condi fun of confusion which is part of the aftermath of war.

Reuter

AGREEMENT ON

Bonds

Among were mixed. curb losers were Fairchild Camera, Kaiser Frazer, Derby Oll-Associated Press.

ITALIAN FARM WORKERS STRIKE

Rome, May 10.

About 700,000 Italian farm workers went on strike today, crippling one-third of the coun try's agriculture, affer (a" break- stated to

· RUSSIAN GRAIN The three men are

down of negotiations on wĄZCH. Gainip 15 points, Sterling have set up three fictitious com

London, May 18,

All the strikers, bolong: to the closed ut HK$17.05. Australian panles in Vaduz, capital of Lich-

Parliamentary circles here to Communist-led Generhi Con- pounds, too, were 10 cents bikher tenstein, to serve as a means of night belleved an Anglo-Soviet federation of Labour, which seeks Ht HK$13.00.

depriving the Credital Minker är

agreement possible to provide Plastres, continuing on the Rumanian news agency reported. tish official quarters would not trade union organisations.Itave so

nearly 2,000,000 Swiss francs, the Britain With Russian grani: Bri- a national wage agreement upgrade, yesterday reached HK$14.30 a 100.

farm workers.

for

Non-Communist The agency added that M. Badu comment on the suggestions,

Anglo-Russian trade talks have fur boycotted the strike as a Con-

munist political manoeuvre. Xenopol is now on trial for illeg been proceeding during the Ticals Were unchanged qi

post ally hoarding dollars. It describes 10 months. The reports of a fine) A seven-hour HK$27 700.

general strike M. Litiman be a former owner of scale British trade delegation was was also held today by the Com- NEI Guliders opened at HK$38 The casino at the Rumanian re-bout to go to Moscow are des- munists and their sympathisers in 4 100 and closed at £39.

sort of Singla.-Reuter,

aribed as unfounded.-/Router. Emilia Province to protest against Incidents during the rioting in the Frovitice yesterday. No Incidents from any of today's strike greas had been reported early tonight. -Router

Fly To The St. Francis

400th ANNIVERSARY

of the

LANDING AT NAGASAKI! Deport by PAL from Hongkong May 28th

• Return by PAL from Nagasaki June 4th

under the auspices of

“Arcanged by American Express

RUHR AUTHORITY TO MEET SOON

CofLogstson, * May 18.. The International Rühr Au- thority, sot up by six-Power agreement; earlier this year, will meet for the first time on Friday ip Landon

The, mealing, which is expected to last about two weeks, will be

The Global Fleet

TO HONOLULU AND SAN FRANCISCO

vla SHANGHAI & JAPAN

"President Cleveland"

"President Wilson"

"Gotturst›Gordon”. (vla Mapila & Japan)

May 2

June 1

June 2

TO SAN FRANCISCO AND LOS ANGELES

"Ercsident Tall"

"President Madison"

via JAPAN

Маз

June

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

"President Johnson” (Direct to Telfie Coast)

'President Harrison" (Direct to. Paellio Coast)

*June 18

July 12

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ

"BONT SAID, ALEXANDRIA, NAPLES, MARSKILLES,

GENOA, NEW YORK and BOSTON

"President Jefferson"

"Marina Spopper" (Singapore Direct) "President Volk"

'TO DEI. & SINGAPORE

"President Harrison" **President Fluore"

Opposite Star Ferry.

May 21

Jubo June 15

Juno July

Tel. 28172/5.

BENDLINE

SHIP "BENRINNES" "BENAVON" *"BENARTY"

SBRNVENUE"

**"BENLAMOND".

"BENVRACKIE" "BENLAWERS"

BOIP

ARRIVALS

FROM

‚U.K. via Singapore

-do-

'do

do

do

.SAILINGS

TO

"BENAVON".......) London, Antwerp,

"DENVENUE"

"DENLAWERS” ("BENDINŊES"

{"BENARTY"

"BENYRACKIE”

"DENLOMOND"

Rotterdam, Ham- Gurk & Hati. Liverpool, Glasgow,

& Leith

Liverpool, Havre, Antwerp, Botter-

dam, Hamburg

DUR 23rd May. 20th May.

Karly June,

· ist'half 'June.

2nd halt June. End June.

Early July..

LOADING

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

26th May,

2nd half June.

1st half July.

Genga, London, Ant- 2nd half July. werp, Rollerdam & 'Hamburg.

* Accepta cargo for Japan

calls at Fort Budan...

For Further Puriiçulars, Apply To-

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

York Balding,

Agents

Telephone: 4105,

THE PACIFIC ORIENT EXPRESS LINE

M. V. "VINGNES" Loading about 28th May, 1949

for

SHANGHAI, TAKAO, & JAPAN

For particulars please apply to:—-

WALLEM & COMPANY

Agents,

Bangkang & Bhanghel'Bank Boilding. Tel. 34177-9.

THE HO HONG STEAMSHIP CO., (1932) LTD.

4,5. “HONG SIANG".

For SINGAPORE, PENANG & HANGOON Loading

2011-May

Sailing

•'Ljut May

Subject to Alteration Without Notice

For Particidars Freight & Passge Please Apply: THE HOHONG CO. (CHINA) LTD.

Talk. 20127 de 25048.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence 1-Francisco, Vancouver, Seattle & Portland. MS, SUNDVILI

30th May ARHIVALS FROM PACIFIC COAST.

M.S.

an organisational one-the Secre- | M.S. “FRANCISVILLE" teclat of the Authority" will be Dglected and plans made for the transfer of this new international body to its headquarters' at Cresseldorf.

The Sunday Examiner to select a General Secretary for

Flights By

Philippine Air Lines

“A task of this session will be

the Ruhr Authority,

According to à usually reliable source,/thejalx Powers huvo de- „alded" to připoint: · a {Deighann,

24th May 21st June gapore, Fort Swettenham Penang, Belawan & Batavia St.

20th May

HOO FOOK FING".

#Apply: THE BANK LINE MCHINA

M.S. "TRANCISVILLI