1949-06-28 — Page 12

Pugu 13'

THE CHINA MAIL, TUESDAY, JUNE

ROYAL

INTEROCEAN

LINES

JAVAPORTS and MACASSARTM

DONATORIS SAILINGS ASSARRIVALS

***TJISADANE":

"TJITJALENGKA”

"TJIBADAK”

"TASMAN"

19th July .b.

21st July

711 August

ADD

Yeta July

21st July

MANILA-

SAILINGS

ARRIVALS

4th July 9th July

"TJISADANE" .................1ut July

SINGAPORE; PENANG and BELAWAN DELI

"VAN RIEBSDIJK"

"VAN HEUTSZ"

"VAN RIEMSDIJK

"VAN HEUTSZ"

SAILINGS

28th Juno

18th July

1st August

16th August

ARRIVALS

6th July

23rd July

6th August

EAST & SOUTH AFRICA & SOUTH AMERICA

**TEGELBERG“

TSIKAMPER"

"RUYS"

"TJIBODAS" **

ARRIVALS

SAILINGS

.28th June

In Port

18th July

10th Aug.

13th July

7th Sept.

17th August

"STRAAT MALAKKA” 5th Oct,

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

"RUYS

Dar-Es-Salaam and Zanzibar, ins *No passenger accommodation.

JAPAN

SAILINGS

ARRIVALS

..28th July

7th August

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MEERKERK"

"AMSTELDIJK"

RIJNKERK**

"MARIEKERK“

SAILINGS

ARRIVALS

6th July

End July

1st July

End Aug.

End Sept.

Early Aug Early Sept.

Transhipment cargo accepted on through Ba/L to India, Mediterranean and Northern European perts.

"MEERKERK"

"AMSTELDIJK"

JAPAN

SAILINGS

ARRIVALS

Kth July

End July

3rd July

KING'S BUILDING: TELS: 28015 to 28017 CHINIST ABNts: 82. ConnauDM? RD. C. TELS: 31196-25133

DE LA RAMA LINES

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

■.v. “DONA BŊIČETAPHELISSARISLAMIKO Ut July MY. "BENGAL"

10th July

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

(calls Japan) m.v. "DONA NATI”

22nd July

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tels. 23876--22875

CHINESE SHIPPING OFFICE Tel. 23738-20133

THE EAST ASIATIC CO., LTD.

OL COPENHAGEN

S.S. "BLANKVANN"

LOADING MID JULY

for:

ADEN, PORT SAID, ANTWERR, KOTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN,

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

*Tel. 94111 & 34112,

Hong Kong Stock Exchange

INANCE AND COMMEROZA

P

11.K. Banks have recovered to $1,000 buyers and business dono.

The rest of the Market remaini

GOOD NEWS DESPITE DECLINING BUSINESS

Now York, Júna 26.

A bit of good news, including a 20-year piöok in kimotorcar production, popped up in the post weak to take the sting out of generally declin- ing business activity in the United States.

teady but with only small deal. Some of the brighter news was a result of seasonal

its.

ILK. GOVT. LOANA

·4% Loan 101 ty b

3

Luan (1534 1946) 101.

Lanz 41918) 192.

TIÁNKA

11. R. Bank 1000, 1000.

Lon. Re&1595#. Charter Flash £015/1@n. Mervantür -flank A & B SEJA12 Hank of East Asia 1146,"

INSURANCES

Canton I sjob, Brod, tason tux, 45734

Ching Underwiller "1.00,

H. Fire Ins. 23th,

'BHIPPING'

Daugines zhin. H.M., Stenmaßdels 1731⁄2- Indo Chinas (Prof.) $30.

(Def.) 2000. Shell (1) 50/4. Union Waterbosta n. Asia Nav, 95,

DOCES, WHARVES, CODOWNE, £15. J. & K Wharves 1236,

North Point Wharees 0fik. P3⁄4%10- Shanghat Hongkow Whatv. 18. ILK. Dock 38%b, 19/18%. **** Chios Providents (2). Shanghai Puck 10 Wheelocks 25

MINING

Raub Mines 4.30h. IK. Miner silán

LANDS, HOTĒLS & BLOGS. JAB. Hotel 11.20b, 115, 11.30am. ILK. Lands 83%.

the elast teamie An

Humphreys 18

11.K. Reaktien Bn.

Chinese Estates 1050.

PUBLIC UTILITIES H.E. Tramway 10.806, 120, 1051/20s. Peak Trame (Old) 1.

(Now) Ion.

Bar Ferries 1106.

C. Llahim (id) 12.786, 18.300.

(New) 9.02b, 0.250.

|

1. Eletries BALI USIGN, SOAK, Marno Metrica 2.

Khua Yun Zight An

Telephones

ShareRed Gina' W11.

INDUSTRIALO

Calif. Maar. (Ort) 25.60n.

- Cshion Ices In

Bements 43.

I.K. Bones 184

STONES, ETC.

Males Farmı 326. 83%, 95% Wabanna 454.

t. Crawfords (Qld) 23a.

(New) 24.

Elner Bb.

China Emporium $2.

Run Co., Ltd. 2.809, ‘8.

Kynn Gag Hon 15. 130ka. Wine on it.C.) .05, Wm. Foweil, Lul D1⁄4.

M18CELLANEOUS

China Entertainments 18m. 11.K. Constructions (Oldy On.

(New) 1

Viron 16.

Marsman Investments 9/-n. MATILK.) 2

Chhnachal Legán 1.0012

Yantitas A

Ewen 1.

COTTONB

RUNDERS, EL. COMPANIES

Alan Estates. 24th Anglo-Dutch 300.

Anglo-Java 10.

Bain Anams. 400.

Rute Pinations in. Chemor UnH69 49%. Chose 'Tabbers 201. Corellitated "Tabber in. Dominos Rubbers in. Langkal in. Repah Rubbers on. Rubber Tedits 1.134.

Bangkek Rubber 351, Bemanibu Rubbers`.18n. Shanghal Kedah in. Shanghai-Malam 12,

Shanghai Speintres, 1835,

Banget Durle 12n.

Torah Merahs 601

T-bong Rubbers 10.

Ziaurbe tubers "In

Notice To Consignoos

Consignees Pok Pokato

factors. Moreover, it was sparsely spread through the economy. Yet it was encouraging after a long period of slow but constant des clines.

For instance, engineering con straction contracts hit the second

highest, figure of the year. Etee Shanghai

and last year

tric power production reached its bent total since carly April.

Motor-car production #dded up to the staggering: total of 150- units, a Agure unmatched since the rip-roaring loss of 1029. In the previous week out- pul was 140,056 87,027 units were produced in this country wid Canada,

New

England woollen and werated mills reported a pick-up in production. In several places idle employees were called back. The Bureau of Labour Stalls- Lles reported the cost of living moved down a little during the month ended May 15.

The detline In the BLS index was only three-tenths of one per cent, not startling but enough to give consumers a few more pen- nids to spend on ten-essentials,

Labour Situation

The backdrop for the week's encouraging items, howover, was the same old decline in oil major components of

national

economy.

the

„Unemployment 'crept up a liftię. Steel production fell, to its lowest level since the weak)

10th io, 1048-the. April Consecutive week it has.skidd. ed. The labour altuation be-

came

Steel

anyone.

can

The coul

failed to get mines be nnual 10-day vacations

at midnight on Friday, less than

a full week, after returning from

a one-week stoppage designed to Tatabiliro" the industry.

Exchange Measures

**** Shangal, June 27,

Although the conversion parled has been anded, naw Government méneurca.regard- ing foreign exchange and our- rancles are expected in the near future.

An Estimated 5,000 peopin converted their foreign cur Toney holdings on the final day (Saturday) alone.

More

than two-thirds foreign currency dequelt way counts are sald to have been. opened by firianolal, commer cial and Industrial firms, for- sign missionaries and over. seau Chinese.

The People's Bank of China, during the last two days of the conversion period, la ra

to have handled ported grantor volume of businage. than in the preceding fort, night.

"Individual foreign currency deposits ranged from a mini- mum of abous US$10 to say. eral thousands-Raptor.

BARTER TRADE FOR THE PLZ

BUSINESS IN METALS

PICKS UP

New York, June 27. Business picked up last week in' the non-ferrous metals mar- kets.

Spokesmen said the market ap- pears to be stabilising at current quotations after announcement of sizeable cutbacks in copper, lead and zinc production,

Consumers are socising imme- diate shipment of orders; on in- dication of low inventories.

Sentiment was bolstered when bill President Truman signed a providing $10,000,000 for buying strategic metals and minerals for the .9. Government stockpile. Purchases under this bill must be contracted by next Thursday. More money for more metals would be provided in other pend- ing Congress coal bills.

Lead needs for the US, strate- gic stockpile are belleved to be to 200- 150,000,000 around 000,000 tons for the coming Ascal year. The Government is also expected to seek around 140,000. lons of copper.. It does not wint any more refined zinc.

Industrial buying of lead Ins proved for the third consecutive week. U... refineries delivered nearly 20,000 tons in Bay, com pared with less than 17,000 t

stock" rosd April,

Producera 22,000 to 94,000.

About 3,500 tons of copper, were Foldi dally. More than $1,000 toos of refined copper were contained in financial products shipped in May, a decline of 4,000 for April. Fabricators stocks dropped nenply 30.000 to,307,000 10128,

Inquiry for zinc was sufficient Lo hold the domestic price of nine | Lents. Some expart tuningo, igid | at 135 conts,

* Mädilà, Jund 26. The Philippine Governpent

Kennecott Copper Corporation tois conducting exhaustive studies announced it would invest about Anti there was some question whether of the possibility of barter trade $10,000,000 to help devolop a gold the 400,000 solt coal miners would agrequents with nations be mining lease area in the Orange of South Africa,—–— return at the end of the vacation. longing to the so-called soft Free State

currency bloe similar to that Associated Press. recently between Great Britain and Argentina.

Sales Down

If a contract is negotiated be- lore the present one expires on Jute 30, they probably will re- sune their jobs.

The purpose of the new move is to enable the Philippines to had outlets other than the American market which has not been able to absorb all of the agricultural products of this country excent ai prices ruinous to the Filißino pro- ducers.

Weak Steel Undertone

་

ZMERICAN PRESIDENT

The Global Fleat

TO HONOLULU AND SAN FRANCISÇO

"President Claveland" "Proldent Wilson"

via JAPAN

July 18

11.

Aug.

TO SAN FRANCISCO AND LOS ANGELES KARANGSAN via JAPAN "President Pierce" (San Francisco Direct) "President McKinley"

July 3 Julp-17

́TO NEW YORK, BALTIMORE & BOSTON

via PANAMA

*President Johnson" (Direct to Pacific Canst) President Harrison" (Direct to Facific. Coast) ROUND-THE WORLD

July July 12

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SURA,

PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENUA, NEW YORK and BOSTON

"Monut Davis" "Mount Mansfield"

.

TO N.E.I. & SINGAPORE

"President Fillmore" "Fresident. Ty}er"

Opposite Star Festy.

July

July, 11

July July 30

Tel. 28172/B.

BEND LINE

Bui

*BENLOMOND” "BENVRACKIE" *GENLAWERS" *BENDORAN” RENREOCH" "BENVORLICH” *BENCLEUCH"

SHIP

“BENLAWERS" "BENYORLICHTM **BENREOCH {"BENARTY"

“BENVRACKIE” "BENDURAN "DENCLEUCII" "BENLOMOND"

TEL

ARRIVALS

'FROM.

...U.K. via Singapore

do

do

— op

- đo SAILINGS

TO

) London, Antwerp, Rotterdam, Han- burg & Hull.

) Liverpool, Glasgow,

Havre, Antwerp, Rot- terdam & Hamburg. Genea, Lòndon; Ant- werp, Rotterdam, Hamburg, Hull & Leith

DUR

In Port Early July. 30th June. Abt, mid July.

2nd half July. End July 1st half Aug.

LOADING Abt. 5th July. End July. 2nd bali August Abt. KhJuly 1st half July, 2nd half August. Early Sept.

Abt. 14th July,

via Malaya, Colombo, Aden, Port Sudan and other way portu, 1 Accepts cargo for Keelung. Accepta cargo for Japan: Calls at Genoa,

Omits Hamburg, calls at Leith.

For Further, Particulars. Apply To-

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

York Building.

of

But if John L. Lewis falls to reach, an

the agreement with operators, they may respond with

Cleveland, June 27. the usual no contract no work.

undertone The "general The studies were prompted by Department store sales

were numerous recent inquiries received American steal markets was weak down agafil Goodall Company, by the Department of Commerce last week, the magazine

"Steel Beach Palm

manufacturers, und, Industry from Philipple reports. But, it said, there was 20 per cent off. its prices, Legations and commercial estab- no sign of industrywide price aerop composite solate business.

price dropped to $20.17. Compo- site quotations on semi-finished stock feil $3.60 to 883.12.

Find we July, 11. In an effort to shments abroad, although the cuts. Sicel's

1.8. "BENLOMOND" Faro horoby hötifled that their cargo la being discharged inta the Hong Kong, & Kowloon Wharf & Godown Co.'s, gQ-|| down, where it wir də at Côn olgnges' risk and subject to thei Wharfs tarms, and conditions of storage, and whore delivery may be obtained.

Damaged packages are to be left in the Godowns for ex

amination by : Consignees and

the

matter has also been under con

Mail order catalogues showed sideration by the Department of lower prices averaging around. Fereign, Affairs.-Reuter. six per cent.

Linoleum prices

were down. Carringes cost less.

Associated Press.

خست

COTTON CROP THREATENED

#! Cairo, June 26. Troops and school-children are helping Egyptian peasants in n

Money Market

US dollars weakened somewhat' over the week-end and opened yesterday 'nt. HK$0.41 03 against $0.50 on Saturday. However the rate climed to $0.48% in the afternoon The closing quotation

fight to save the cotton crop from was. Saned at

Q0

T

HK$6.35 and

up

Production also declined, to 84.5 per cent of capacity. The No- fionar ingot rate, las filler 17 points since mid-March.

la equivalent to nearly 1 17,000,000 tons, a year. ...

The trade magazine predicted; "Tho long hoped for balance be tween supply and demand in the steel markets will be a fact with the opening of the third quarter."

Associated Press..

CHANGES IN COTTON PRICE

hy worms, which are threatening one-sixth

of the closed at $8.39. country's total crop area.

Sterling was higher at HKS- Experiments aimed at the ex- 17.10. termination of the worm`are bo- Australian pounds, too, went ing made with now Briush sad 10 cents. to HKS14,10,. American chemical products, ---- Piastres had another markot~ Realer.

less day at HK$12 a 100 nomical Ticals were unchanged at WKS- 26:2 100.

NEI Guilders closed at HK$37today advanced selling prices of 100 after opening at $37,50.

Brazilian colton sold to English mill owners by a farthing per SHIP MOVEMENTS pound.

NOTICE

TO WHOM IT MAY CONCERN

Shanghai Cargo Ex LINE STEAMSHIPS LTD.

5.S. “BENLOMOND".

BEN

| Manchester, June 26. The Raw Cotton Commission

ENE

San Francisco,; June" 27. This and other changes were Steamer Charles E. Dan, arriv-the arst alterutions in seven weeks ed on Sunday from Manilathe longest gap without revi- Associated Press.

klons since, the bulk-buying. Raw Cotton Commission was formed. 18 months ago,

ཝ།་

New York, Juno 27.

- "Iron “Age?" says steel order Owing to existing unsettled backlogs will have disappeared, by Company's survoydre, conditions at Shanghal, that the god of June Associated Messra, Carmichael & Clarke, Far Eastern Freight Confer reas at 10 am on 1st 1040 enco has decided to discharge

1am July, 1

Shanghal cargoes in Hong To comply with the General Kons, and that delivery in Bonded Warehouse Bégulations - Hong Kong to be considered Consignees, must have a: Ro, As: final. venue: "Offfede" in attendancă when damaged dutlable goods

g examined.

*No claim will be admitted

Notice. Ta Consignees M/S "PETER MABESK

artled 24.6.49. The partics concerned are pureby notlifed that the Shang- Cargo shipped from U.S.A. by hat cargo ex, the above vessel his been discharged into the the atova vessel land. destined

WEEKLY CHINA (MAIL" after the goods have Park Hong Kong & Kowloon Whard

CONTAINING ALL THE LOCAL NEWS'

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD”

Price 50 cents

ON SALE EVERY THURSDAY.

for

SHANGHAI

Prices of American grødes were Egypting, cottons unchanged, were all reduced by amounts ranging from twopence to three- pence per pound. -- Amoolated Press

BELGIAN CONGO

Brussels, June 27. where her goods are becoming leas In an uncertain world market sought after, Belgium is consider ing developing 12tustela). pálen- tialition of her Atriowa colony!! steszier's godowns, and Add or Gerdown Co., Ltd's godown,

The Belgian Congo #xports'800,- goods remaining undelivered whenco delivery must be ob

Rog tobe of rubber, colton, copper, after 2nd July, 1940, will be rated saabet surrender of the was discharged at itong Kong tin, diamonds and other raw mater kubject to rent

1 original Bills of Lading, duly into the promise ofthe long rials pelatum is considering pro

Kong de Kälvidon Whare : à cisaing mand of thène ja Pie Coura ni endorsed,

Godown Co., Ltd., according to with African Inbour Apulitoq The Shanghai carga la stor-the toime wad conditions of the Fross. "ed at the sole risk, and ex- Bill of Lading; when lo now li ponko of the Conslanger. lying at the risk and expenses ob Cargo Deveres, who are ro will be queried to murrender to our the: DOPE SMUGGLERS sayur relative 1/1, duly endorsed foluitersignatures

All claims against the er must be presenfest undersigned gua 10th July, 1940, or they nok bo recognised -

No Fire

The Insurance

teruhe, “June 20.

Telephone: $4185.

STATES MARINE LINES

FAR EAST SERVICE

FROM U.S.A. PORTS

S.S. «J. L. LUCKENBACH"

Due 17th July

Agents

GOURLIE & CO., (H.K.) LTD.

Union Building-ga

نار

Telephone: 31341.

A. P. PATTISON & CO.

S.S. "PROMISE"

(NORWEGIAN)

SAILING FOR PUSAN JUNE 29

2-14, Queen's 'Naad, Central,^ 4th Floor, Tel: 28340,

Chinese Agents: LAM KEE SHIPPING CO. 20, Connauglit Road, C., Tel: 24839

KLAVENESS LINE

SAILINGS

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

M. S. “FRANCISVILLE”

Loading 28th Juno Kepengés Ancommodation

Halk Oil Tankst

THE BA

(CHINA) LI

179% THE BANK LINE (e

....