1949-06-18 — Page 12

1.4

Fate 12

ROYAL

INTEROCEAN

LINES

JAVAPORTS and MACASSAR

SAILINGS ARRIVALS

22nd June

**TJISADANE"

TASMAN

"THTJALENGKA“

21st July

"THISADANE“

7th August-

"TJISADANE”

"TJIBADAK"

MANILA

SAILINGS

22nd June

24th June

7th July: 21st July

ARRIVALS

21st June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK”

"VAN HEUTSZ"

"VAN RIEMSDIJK'

SAILINGS ARRIVALS

29th Immo 15th July

20th June 6th July 23rd July

1st August

EAST & SOUTH AFRICA & SOUTH AMERICA

SAILINGS

ARRIVALS

"TEGELBERG"

28th June.

"TJIKAMPEK" * "RUYS”

18th July

10th Aug.

10th July

"TJIBODAS" *

7th Sept.

"STRAAT MALAKKA"

5th Oct.

17th August

Calling at Maibass & L. Marques Direct.

Transhipment cargo accepted on through Bs/L to

"TEGELBERG"

Dar-Ex-Salaam and Zanzibar.

no passenger accommodation.

JAPAN

SAILINGS

ARRIVALS!

26th June

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MEERKERK"

"AMISTELDIJK"

"RINKERK'

"MARIEKERK'

SAILINGS ARRIVALS

Early July

End July

Early July

End Aug.

Early Aug. Early Sept.

.End Sept.

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

"MEERKERK"

JAPAN

SAILINGS

ARRIVALS

Early July

KING'S BUILDING: TELS: 28015 TO 28017 CHINESE Apunts: 82. ConnAUGHT R's. C. Trus: 31196-25133

DE LA RAMA LINES

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

.v. "DONA ANICETA"

m.v. "BENGAL" ...don

1st July

10th July

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

Às. "DONA AURORA” (cafia Jupan)

m.v. "DONA NATI”

*T

>

20th June

22nd July

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tela, 23670-22875 ·

CHINESE SHIPPING OFFICE Tels, 23738-20153

THE EAST ASIATIC CO.,

OF COPENHAGEN

M.Š. “KOREA”

LOADING ABOUT 23rd

for.

June

LTD

ADEN, FORT SAID, ANTWERP, HOTTERDAM, HAMBURG, OSLO, GUTHEŃBURG AND COPENHAGEN, alid, postýlý, COLOMBO.

Tanks available for the carrings of all in bulk.

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

Tel. 34111 & 34112.

THE CHINA MAIL; SATURDAY, JUNE 18; -1049.

FINANCE AND

COMMERCE

U.S. Withdraws Proposal On Jap Tariff Principle

Hong Kong Stock Exchange

The turn-over this week has been decidedly meagre and there has been a general pir of fact-

the vity, Quotations of

more popular stocks have ruinated Almost stationary. 1.K. GOVT. LOANB:

Lamu 100% li,

35 Lan 1054 & 1940) luin. alan wan (1919) 1010. RANKA

R.K.: nuk 1630.

Heim, Rex.) 4000, Chartered Bank 108/fan,

Mercantile Bank A. 1, 2, Bank of East Aala 1268, 115mm. INRURANCES:

Canton is 354, 30.

Union 687161, 650mm.

Chink Underwriters .80.

H.K. PR. 2a5b. SHIPPING:

Hongineer 232.

IK. & 13. Bicaminata TAR

Indo China (Prof.) 20¤.

tel. 201/2001.

Net (eareri 61/ün. Unlon Waterboats 30. Axin Nav. 6).

DOCKS. WHARVES, GODOWNS, Etc.

K. & K. Whatve 125. North Polat Wharves In.

Whatha Hongkew Wharves 185. 24K, Ducka 10%.

Chin Previdenta 135, Bhonghal Dockyarde 10.70s, 301⁄2am. Wherlocks 28.

MINING:

Ithub Mine 3%.

ILK. Mine 0114m.

LANDS, HOTELS AND BUILDINGS,

11. &, Hotels 11.20, 11.706, 11.809s. 1K. Lada KIU, Menghut Lanez

5b, 1.200, 2.20/.10*1.

Humphrys 12% 0. H.K. Stealties 2. Chinese Estates 16ăn. PUBLIC UTILITIES:

H.K. Tramways 10.70b, 16.00a, Jɛ.90/,60s. Peak Trains 1014; 19.

(New) 10 Mur Ferties in

Lights com 136, 13.30, 13.10.

(Now) 9.106, 9142, 0.30. N.K. Bectric# 92%), 3849. Mneno Electrics 22.

Sandakan Lighin Po.

Telephones gab, zim, 2014/21/20 ma. Shanghulina 4.

INDUSTRIALS:

Cald. Marge, (Dr.) 20.00.

Cast Icen 7.

Crimente 2234b, 22550, 21/22 %/3% ka.

1.K. Ropes 16.20m.

STORES, Etc.:

Dairy Facts 35h, 148, 83/24/331420. Watsone 45, 44.

L. Crawlardı (078) 201

(New) 20.

Slucetes On.

Cuina Emporium Dea Bun Co., Ltd. 2. Kwong Bank Hong 133. Wing On (KK.: $20. W. Powell, d. 24. MISCELLANEDUS:

Chinn Entertainments 18n. TX. Contructions (01) In,

(New) 2.

Vibro Pufors 16h. Satuman Investments 07-5, Marson (1K) 20. Shanghal Lakn 2.188.

Sportske im. COTTONB:

Ew 74, 1.004.-7. RUDDER. Etc. COMPANIES:

Alma Elates Lib. Anglo-Ditch b

AngleJavas la

jtatu Anamme 40. Hotė Plantationé. 20. Chembre United .40. Ching Rubbera 20. Consaliditéel Rubbers in. Dominion Rubbers 10. Imikut Repah Rubber 300. Rubber Trata ·3.10x, ̄Jan, Somaraga Stubbere -85b; Semambu Rubbers 26b. Shanghal Kedahr 14. Shanghai-Malays 18. Shang Humatres 49 Yungel Durie tab. Tanah Merah t Tebous Rubbies 40s. Zlanabe Rubbers th

Money Market

Price of US dollars was lover yesterday. Opening at HK$3.17 It went up to $0.23, and closed at $6.211.

Topened at $6.13 and closed

At $0.1515.

and

opened at HK$10.00

Sed at $10,70,

Australian pounds opened, at

and closed at $14.10.

were nominal at Hks-

$14.10,

Plastres

12.10 @ 100,

a..100

Pacific Far East Line,

DIRECT

Annecy, France, June 17.

The United States on Thursday formally withdrew a proposal to extend the most favoured nation” principle in tariffs to Japan.

In a letter circulated to delegations at the World Tariff Conference here, Mr. Woodbury Willoughby, head of the U.S. delegation, sold the United States would withdraw the proposal but would continue to advocate tariff equality. for Japanese exports..

The proposal had been made to The "most favoured nation the current session of the 23-principle was first labished member states of the 1947 Geneva under the Geneva agreement agreement. The session opened ensures that all member star of here two months ago. The pro- the agreement would grant tariff posal was known to be viewed concessions to a second member unfavourably by many delegn-only if the some concessions ware tions, particularly those of the automatically granted to all other United Kingdom, Australia, China members: arset India.

On

Report

Labour In Japan

Geneva, June 17.

Efforts to improve the lot of Japanese workers have brought magnificent Accomplishments, the International Labour Con- ference was told on Thursday.

If the principle were applied to Japan

any tariff concessions agreed artong,the member states would automatically benefit Jop- anese exports,

The United States sporispred n undes

special treaty last year

which the

nol

most favoured fiation, principle was appiled to Western Germany by some though all-members of the Geneva agreement

Pressure Of Busincas

thid

#

A U.B. pokazmah newsman that the United States continued to éèĝárd the appilèà: tlan of "Host favoured nation" treatment to Japan as desirable but had withdrawn the proposal bi: from the présånt sesälom. cause of the pressure of bual.

nick.

The

spokesman, referred to "the

stability" present financial Japan and declared:

of

"As long as the occupation of Japan continues, there will be no repetition of the pre-war un- fair business practice.

The speaker, Mr. Chester W. Hepler, head of the Labour Djvi- sion of the United States Military government in Japan, presented! the Arst detalled report on labour conditions in

Japan since the war. Great stridles have been reade, Mr. Hepler said, in setting up Japanese trade unions and in freeing women and children from involuntary servitude.

The colle system is doomed to

end. an early

Luis en government's culs of

service now re the servants, not the masters, of the people, he said.

"The workers of Japon now

favourable body of laws have a find the alministentive machinery to make these laws effective," Mr. Hepler said.

Outside Forcos "However, ti should he noted that there are forces and In fluences both within and out. side Japan which, for their own selfish purposes, would hamper.

obstruct and

the contiqued development of a sound labour programme by weakening the standards

EWAY and taking Jaboura post-war gains. "As long as the occupation continues, General Douglas Mac Arthur's bread-minded and iberal labour policies will be maintained, but we cannot be so Tash as to predict the course Ju- ran

cumple take when her right to

self determination bas been restored.

"The most encouraging ten- dencies in Japan today are, found in the numerous democratic and representative organisations which have replaced the old institutions expressive öf

tarism and m, milli

the

to

"The Japanese ecotomy depends

foreign trade,

and trade. continues Japanese be discriminated against, the result will be economic confusion and chaos.

"In accordance with the United States policy in favour of non discrimination in world trade, we shall continue to advocate a most favoured nation agreement for

Japan on the same lines as that drawn up last year for Western Germany"-Associated Press,

Cotton Easy In Slow Trading

32.09-06. 29.26-27.

New York, June 17. Cotton tumed .easy in slow. trading. Futures closed 10 to 73 cents a bale lower.

July October. December March

28.03. May

28.80. Middling Spot. 33.08 nominal.

29.02.

In New Orleans; cotton closed 30 to 74 cents a bále lower.

July

32.88-89. 29.20-21. 28:97.

October

December

March

28.00.

May

28.76

·bld.

Middling Spot 32,75.

Associated Press:

these new organisa- flons.

is, hote, In our opinion. t's virilo or holds more pro- more mise for the further than Japanese trade union, movement. This movement can and may furnish the

impetus for a strong

Notice To Consigneps publle urge 16

to miske secure,fot all time the revolutionary labour

CONSIGNEES PER reforms accomplished during the past.. three and a half year.

STATES STEAMSHIP CO. "WC report

and progress achievement in the past, an in

8.3. "MONTAÑA? Pus creasingly healthy current situ

years to are hereby noiled that the tion, in hope, for the come, Strong foundations have cargo is being discharged into been told,

a sturdy framework the Hongkong & Kawloon Whort erected, unci We are enumistle & Godown Co.'s godown where that the Japanese people will it will be at Consignees risk continue to build both wisely and and subject to the well.”—Ássociated Press.

Devaluation Rumours

Washington, Junt, 16. Brush fräde quitters Here hellove that rumours of a-de valuation of sterling werd

States.

New York Stock Exchange

New York, Jund 17. The price changes on the stock markel on Thursday were small and inconclusive. The volume has dropped to 680,000

-shares.

Wall Street's thinking on the stale of the market and the, cons dition of American business highly confused. Many experts simply throw up their hands when asked for an explanation of

Of p16 issues traded on

Thurs- the markets recent movements. day, 357 gained. 323 declined. Pepsicola at 994 and American Woollen at 20% gained %. Celote Corporation dropped 2% to 14%. Dow Jones, averages: Stocks 58.57, 20 Industrials 163.94, '15 Rails 42:11, 10 Utilitles 34.00.

Closing quotations: Adama Expream: 1754 Alaska Juneau: 8 America Cana R Amerien Amettings 41% American Telephone 189 American Tobacco: 66 Anaconda Copper: 25% Aviation Corvarstign: 516 Haldwin Locomotive Barnedall: 41% Bendix Aviation: 27% Bethlehem feel: 24% Dosing Alterafts 18. Harden Commar) 299) Canadian Pacifjel 10% J. 1. Case, no fa

Chrysler

Colgate: 2336

9

Commercial Balzeats: 24 Corn Products

Eastman Kodakı XD

Electria Light, and, Power: 2514

General Electric 84%

General Motore: 68%

Goodrich: 64%

Goodyear, 3891

Homestake. Mialnes 39% International Harvester International Paper: 41% International Tel. and Tal: John Manville: 10% Kennett Copper: 42% Montgomery Ward: 48% National Distillers 17% National Lent: 2214 New York Central: 10 l'eckar! Molors: 31⁄2

Pan American Airways: $% Pennsylvania, itt 14% Badio Curuprution: 19 Republic Steel 17% Reynolds Tubarco: 10 Hem ochuck: 35%

Shell Wil:

Hoceny Vacuum 149 Southern Paciße: 3315 Htandard Brandur 184 Standard Qli of California: G630 Standard all of it: 62% Studebaker: 17%

Union Bag: 201

Union Carbide 3515

Us Rubber: .34

US Steel: 21%

US Lines: 16

Weitinghouse: H

די

tall

Youngstown Sheri and Tohar 80% Gecerat Public Utilitleri 12% There was selectivo demand for bonyls. Air. Ancalation was higher on; the curb, Cities Servies fost ground---Auto- elated Pres.

TRUMAN MÜMİ

ON RETUGEES

Washington, June 16. President Truman ni isla weekly Press conference here today de- clined to comment on Israel's Op- position to the admission of Arab refugeek

Asked If the United States war satisfied with the Israeli attitude. the President said that he would hat comment because the Uniter. States was one of, the, médiators of the problem at the peace talks in Switzerland.--Retiter.

Notice To Consignees

CONSIGNEES PER AUSTRALIA-WEST PACIFIC LINE

M/V "CITOS"

are hereby notified that their cargo is being discharged into the Hong Kong, &. Kowloon Wharf & Godown Co's godown where it will be at Consigneer risk and subject to the Wharf's Wharf's terms and conditions of storage. terms and Conditions:öf storage, and where deliverý máy be and where delivery may be obtained, obtained.

Damaged packages are to be Damaged packages are to be left in the goddwts for left in the, godowns for examination by Cohalynses and examination by Contignces and | Consignees and Company's Sur- Company's Surveyors, Mesara. veyors, Measta. Carmichael & Carmichael & Clarke at 10 am. Clarke at 10 d:m. on the 17th on the 17th June.

Juhe.

are examined

Ticain closed at HK$23,50 a largely responsible for the fur Bonded Warehouse Regulations Bonded Warehouse Regulations comply with Gèneral To comply with Generat 100, and NEI Guilders at HK$38|ther, drop last month in the consignees, must, have a Re-Consignees must Hive & Re- British exports: to the United venue Officer in attendance venue. Officer in aftèhaboco Some financial quriers in the when damaged dutiable goods when damaged dullable Foods United Staten bélleye that Briate oxamined. tain will bban be fofeed, to de- No claim will be admitted value her currency to keep the after the goods have left the prices of her goods on a coin steamer's godown, and all goods petitive deval with those of. Am remaining undelivered after the erican manufacturers.

Mr. A.G.K. Anson, aeting Unit 10th June, 1945 will be subject

of the Co-to rout.

Fast Regular Trans-Pacific Service

"BÁN TRANGIBOO; LOS ANGELES

PETOMETHING" ↑ --FLYING DRÁDON”

OVERLAND

NEW YORK-ONICAÑO-DETROIT-TONU MONTREAL AND ALL AMERICAN CANADIAN CITIES,

Aries

Batt

In Fart

Jene 16

Jamst

June 20

Bek Peškau di tái Khasant San Francisco & End AERON

vis Koelpug.

"JOPLIN VICTORY"

Ban Francisco

June 21

"GREAT GEEFTIRĻIC" +

Sam Writinen

1. Zuly 19

San Francines & JAD Anathak

↑ Wally Mefrigerated'Acoepta Dry Carnò kuit Botal,

How to petanglers ́chil Créteil ASSIS, UNITED STATES LINEA 30

Ben Prancière Lei Angeles

ed States

No claim will be admitted. after the godds have lết thể. steamer's godown, and all zögdą. retailing, undelivered after the 18th Jund, 1940, will bo pubject to rekt.

AMERICAN PRESIDENT LINES

The Global Fleet

IVAL

TO HONOLULU AND SAN FRANCISCO:G

via SILANGHAI & JAPAN

"General Gordon” (vis Manila & Japán)

"Prekidact Cleveland”

"President Wilson"

* 24 2

Juno 24

July 12:

Aur.

TO SAN FRANCISCO AND LOS ANGELES

*President Plerco" "President McKinlay'

via JAPAN

Z

June 30 July'17

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

"President Johnson" (Direct to Paciflo Coast)

President Harrison" (Direct to Pacific Coast)

ROUND-THE WORLD”

...... June 30,

July 187

VIA MANILA, SINGAPORE, COLOMBO, KARACHI SUEZ

FORT HAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON

"President Polk" In Port) "Mount Davis"

TO N.E.I. & SINGAPORE

"President Fillmore"............... "President. Tyler"

!

Öppöalto Star Ferrf.

June 18

July 1

July 3 July 20

Tel. 23172/3.

AMERICAN PIONEER LINE

to and from Atlantic Coast Ports of

the United States

and Far Eastern Ports

NEW FAST CÁRGO SHIPS

"PIONEER LAKE"

"PIONEER SEA

ARRIVALS FROM ATLANTIC

June 23 July 20

"PIONEER COYE"

July 20

SAILINGS TO MANILA

"PIONEER LAKE (also Cebu)

June 20

"PIONEER SEA"

July 21

"PIONEER COVE

July 27

BAILINGS TO

NEW YORK, BOSTON, BALTIMORE PHILADELPHIA

ílá JAPAN & PANAMA CANAL

Salls June 10 "FIONEER LAND" In port "PIONEER WAVE"... Artives. June 21 Salis June 23- "PIONEER LAKE"

"PIONEER SEA”

July 14 Aug.

July 16

1

Aug. D.

For rates, special Information call

UNITED STATES LINES Queen's Bldg. COMPANY

The shers at indicates the principal perte of loading and dichorge

as presently intended, but not their relation. For further informa ten as achodnie at the Campany's Om

Tel. 31231

BEN LINE

Barr

"BENVENUE" *"DENLOMOND: +BENVRACRIE"

BENLAWERSTM

*"BENDORAN". BENREOCH" "BENYORLICH"

SHIP "BENVENUE "BENLAWERSTM "BENYORLIÇıt" "BENREOCif" "BENARTY"

BENVRACKIE” BENDURAN“ · “HENLOSIOND"

BRY RI

ARRIVALS

FROM .U.K. vļa Singapore

dorimi

do

do-

DUK

In Port.

22nd June

End Jane. Abt. 2nd July.

(direct) Abt. mid July,

2nd half July.. End July.

SAILINGS

то London, Antwerp, Rotterdam, Ham- bury & Hull

Liverpool, Glasgow, Havre, Antwerp, Rat- terdam & Hamburg. ) Genoa, London, Ant-

Rotterdam

Leith

LOADING

2011 June. Abt. Sih-July, End July. 2nd half August

Abt, 28th Jane.. Early July, 2nd half August, Abt. 14th July,

vík Maidya, Columbö, Allen, Port Sudan and other way Dorte.

Accepts cargo for Keelung

Accepts cargo for Japan.

Calli'at Genoa.

Otnits: Hamburg, calls at Leith.

Fot. Further Particulars, Apply Tomen W. R. LOXLEY & CO. (CHINA) LTD. Agents

Kõik Bultätig.

Telephonei ́ $4168.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco Vancouver, Seattle & Förtland

Both Xùné M.S. "FRANCISVILLE”

ARRIVALS FROM PACIFIC COAST: . but today that a stentier must be presented to or must be prescated to the MS. BOUGAINVILLE”

All cidims against the steatonRES: "CASTLEVILLE"

22nd: June belled in the rumours was the Underched on or before Underigued on or before, thes

Orgnist Hangs redo Researet

hay, no means universal, many,

All claliha against the

American buyers were: holding the 20th June, 1819 or they will

of in the hope that somelling ndi Be recognised.

amelal Brijjkh

would be too flout deyafuata No Fire Iniuratico well ha quest

bound effeted. In Any Blackering || to be hit in American, papatutner, demande because there mainly, in the Tukurs, dlans. They regard the aurant Klackening as fargúly una», |-sonal,—Reuter,

DODWELL & CO., LTD;

Agents.

Konk, June 12, 1849,

25th June, 1949 of they will aut

be recognised

Sailing to Singapore, Port: Swettenlads=12

Penang, Belawani & Bataviako No flis Insurance will be MLS. "CASTLEVILLE"

effected.

BOLWELL, & CO., LTD

Agents.

Hong Konk,

Putoenger Libnemaliodation vinam Freight, Agenik. HOO FOOK FING

INTE

Apply

KUHUNAVLTD.SU

BANK LADI VI