1949-07-21 — Page 14

ROYAL

INTEROCEAN

LINES

JAYAPORTS and MACASSAR

"TJITJALENGKA"

TJIRADAK"

***TJIBADANE”

"TASSIAN"

"TJIBADAK”

SAILINGS ARRIVALS

21st July

2nd August

18th August

MANILA

SAILINGS

2701 July

2nd August

In Port

21st July 4th August

ARRIVALS

-26th-July......

SINGAPORE, PENANG and BELAWAN DELI

"TJTJALENGKA" * "VAN RISMSDIJK" "VAN BEUTAZ" {

SAILINGS ARRIVALS

21st July

„Ist 'Angust

16th August

23rd July

8th August

Not calling at Penang & Belawan Dell

$ Passengers accepted to Singapore only

EAST & SOUTH AFRICA & SOUTH AMERICA

"RUYS"

SAILINGS

10th Aug.

7th Sept.

5th Oct.

THE CHINA MAIL, THURSDAY, JULY 21, 1949.

FINANCE ANC

COMMEROF

TIN AND RUBBER PROPOSALS AROUSING DUTCH INTEREST

Hong Kong Stock Exchange

1

A quict Wednesday morning. 1.K. GOVT. LOANS

g

1.11.

apa Los 13 a 1945) 160n.

3 Loan (19483 1005.

MANKS i... Ilasik 19.

Ham, Bega, £WA Catered Ink £1 THERE Merentile Bank A. 11. 2015. Head of Em Ania 115.

INSURANCKA,

Casten Inı 50.

ARRIVALS

Union Ins, cikk, CM Underweilera

18th Aug.

TJIBODAS" * "STRAAT MALAKKA” ....

Calling at Mombasa & L. Marques Direct. Transhipment cargo secopted on through Ba/L to Dar-Es-Salaam and Zanzibar.

"BUYS

* no passenger accommodation.

JAPAN

SAILINGS ARRIVALS

7th August

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA and MALAYA

"AMSTELDIJK"

"RIJNKERK”

"MARIEKERK"

SAILINGS

ARRIVALS

23rd July

End. Aug.

Early Aug.

Early Sept.

End Sep!.

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

"AMSTELDUK"

JAPAN

SAILINGS

ARRIVALS

22nd July

KING'S BUILDING: TELS: 28015 10 28017

CHINESE AGENTS: 82. CONNAUGMs RD. C. Tels: 31196 - 25133

DE LA RAMA LINES

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

Early Sept. m.v. "BENARES

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

my, "DONA ANICETA" (calls Japan)

B.ROM. H.K. Fire las, bôbə, 245xa,

SHIPPING

Douglasin 2hr rà,

RK, M, Stemmlenta 17. Todo Chinns (ref.) MD5.

(f. 19,

Shella

Unlun

love) 64/4jm. Winterimate 30m.

Asin Nav.

BOCKS, WHARVER, GODOWNH, Etc. H... Whores 120).

North Peint

Whave 12401-

hannonshow Wharves 12.

1.K. 1721.

Chinn Pravidents 12in, Shanghai Dockyardı 2.89.. Wheelock 296

MINING

Hout Mize 4.300.

#.. Mars 01.

LANDS, HOTELS A BLDGS.

11. Rosejs 11.1m, JL.K 14 h, Ga.

Shnorhal tule 2.3. Hanighres 1024. H.. Tentiem 24. Chloe Extn 1850

H.K

PUBLIC UTILITIES Traluways 173, 17.30am, Pink Trume still 19.

But Feel LUR.

་་

C. Ligita (5) 12.00, 13.

(New) il D.Va, klim. JEA, Kortpics gib, 220ra. Manus Fibriríes 220. Sundskan laluta n. Telephones P

Shanghai cia n.

INDUSTRIAL

Add Me (1) 25.6fm.

'n lees 7

Comente 22(6), 231% 29/22jn.

1.K. Roper tūja

STORES Ele.

Dairy Farm 351b, 3020, Züze, Watsons $516, <5£», 46mm,

1. Crawford (1) 240,

(New),

Shure 3.30h. Chinn Emperium Oh, SC. 10 2.0n. Kwong Bang Hung 131m. Wing Of NLK 8ần. Wm. Powell, fad, n...

HISCELLANEOUS

thlon Entertaiment in, II.K. Constructions (Did; 21

(New) 21n. Vibra nas X.D. 15jo. Margman invatments 9/-n, Nurmi R.K.3 2. Shanukai Lomi 1.800. Yalanes alt.

COTTONE

The Hague, July 19.

Suggestions that an international tin and rubber ogreement should be drawn up, modelled on the International Wheat Agreement, hava aroused interest in the Netherlands,

The British Commonwealth Finance Ministers, in their conferences which ended yesterday, con- sidered the possibilities-of-such agreements for tin and rubber.

The International Tin Study - Group, whose headquarters are at The Hague, has already con- the suggestion of an sidered international tin agreement but

no decision. kas reached

The Group adopted £1 report be un stating that there might

agreement under When it Inst

| Internationalong

certain

met in July,

1948.

The Internation Tin, Study Group entertained the idea Inst year under the influence of the Wheat International original Agreement drawn up in 1948, AL hat time, however, circumstances to be loo Autri were conskiererl for any definite decision ta he taken.

1048 Tin

were

nt the Members Study Group meeting vited to submit new proposals on the matter and these may cone up for discussion at the Group's forthcoming meeting toward the end of the year.

Opinion Divided

"The idea of an internation agreement has never really been shelved and is still in a state of

duc suspension

there

យ

110 fairly

Registration Of Business

In Red China

the

Ban Francisco, July 19.

Pelping, The Communist

Lonight that Redlo reported

North China Foreign Trade. Administration Bureau has completed its registration export mor- of Import and chanta bath foreign and Chi- nese.

Frur

fifty- hundred and eight Chinese and 121 foreign merchants have been allowed

to carry on Import and ex. Andia businesses, the port

said.

New York

Stock Exchange

New York, July 20,

Commonwealth

Huge nhs in and Southern stocks at the top price of the year dominated a rising stock market of: Tuesday.

Business in Commonwealth and Southern totalled almost 800,000 shares of nearly equal to the total All other slocks transactions In listed.

The slow rise in the balance of the market put the general price level at an eight Gains ranged from

week high fractions.to

around a point or so with nosi

increases fractiona).

Without the monwealth an

benefit of Com-

Southern sales,

about 660,000

turnover in the market would be

nt the

hures.

151

The applications of Chinese and 47 foreign mer. chants

rejected, the were Radio added--Router.

Oil Talks Suspended

rate of

of 350,000 shares of Commonwealth

One big block.

and

Southern sold at 4, a gain of . A few minutes later, a block sold at the shores of 150,000

same price.

Union

Higher prices were paid most of the day for U. S. Steel, Beth- lchem Stent, General Motors. Chrysler, Studebaker, Caterpillar American Telephone, Tracter,

Electric, Westinghouse mainly

Carbide, Dow Chemicals, Santa having been

Fe, Union Pacific, Texas Company general body of agreed opinion

and Superies Óil. Among the Washington, July 19. within the Group," a spokesman

Douglas Alr- of the Group said to-day.

The United States-Mexican all bulky spots were

have Ainsler- ́alks

been

discontinued craft. Consolidated. Natural Gas Rubber producers in

State and Phelps Dodge. llamas

#greement. torny to bt without ure reportedl somewhat divided on the idea of Department, announced today.

The talks centred on International rubber

loan of $208 million of

1227

inent.

agree-

the

10 Utlitics

AMERICAN PRESIDENT LINEI

The Global Fleet

TO HONOLULU AND SAN FRANCISCO via JAPAN

"President Wilson" "General Gordon"

TO SAN FRANCISCO AND LOS ANGELES

Arr.

July 31

Arr. Ayx. 4

Sall. Aug. 3 Ball Aug. 5

via JAPAN

"Preakdent McKinley"...

Arr....... July 21

"President Taft" .....

Arr...... July 27

Sall. Snil

July 21

July 28

"President Madison"

Aug. 11

Arr: Aug. 10 Ball.

TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA

*Provident Flțimore"

"President, Tyler"

Arr

Sall Aug. 10 Arr... Sept. 8 Sall ROUND-THE WORLD

Aug. 11

Sept. 7

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUKS

PORT SAID, ALEXANDRIA, NAPLES. MARSEILLES,

GENOA, NEW YORK and BOSTON

"President. Monroe"

Arr. July 26 Aug. 9 "President Buchanan" Arr.

TO SOERABAJA, BATAVIA &

Gall ......

Sall.

July 28 Aug. 11

SOENGEL-GERONG

"President Tyler" "President Grant"

Arr.

Arr.

July 30 Aug. 20

Sall

Sall

July 31 Aug. 27

Opposite Star Ferry.

Tel. 28172/K

BEN LINE

**BENALBANACHI”

Tus

ARRIVALS

FROM U.K. via Singapore

do

do

DEE

Io Port

Abt 10th August. 28th July.

1st half August.

End August.

Knd AugusĀ.

Dow Jones Averages:

SHIT

Stocks

62,23

20 Industrials

17531

**BENDORAN" *BENREOCHI"

15 Ralls

44.85 62.23

"DENVORLICH"

*BENCLEUCH"

Adams Express 18m

Alaska Juneau 3

"DENCRUACHAN"

American Con 02

Tizz-

American Sinelting 40% American Telephon American Tobacco 70 American Waterworks 7%

*"BENNEVIS"

"BENMACDIUÏ“

141%

SAILINGS

TO

30

While zome growers do not States public funds to be used exclude the possibility of in the exploration, development

areas and bigger

output re- and construction of reaneries and for pipe-lines in expanding the of Inter- quiring some form

Mexican petroleum resources and national regulation, the major- ity at the prominent growers distribution facilities.

The

Department are aceptical. They say theremay be prae.nouncement said that the talks

objections

to an internation had not resulted in an under-

Heal

State

al rubber agreement particularly standing between the two Gov-

in view of the

United States

Pernments.

"The Conversations have now being the world's largest rubber been suspended at the request of

consumer. Such

point they

out, might only the consumer the producer countries.

at

and

agreement,

the Mexican Government without, benefi

prejudice to their resumption in CU- not the same spirit of friendly

havo! operation in which they.

L added.-- been carried out," Reuter.

Premature Now

AN OBJECTION FROM CEYLON

All producers, however, agree in principle that an international certain offer ngreement would!

con- advantages although they

itler it premature just now.

The big producers stress that statistical position of rubber is "present quite good. The male

Colombo, July 19. The "Ceylon Observer suld in iffeully, they say, is not caused but by IX by surplus production

nu editorial today that Ceylon is "America

with the one country in the Common- manipulations the synthetic product,"

wealth that can justifiably pu- aciclel They

that it would be test against being asked to restricti very dificult

to make binding its Imports from dollar countries. commitments for Indonesia, In- +loneɛian native production fatling with lower prices, wlule estates ou put is being main tained at the same level.-Reuter

Kwon Gj.

Mid Aug.

RIDDER, Ete., COMPANIES Alma Falten in,

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philppines)

MARINA HOUSE Tels.. 23676-22675

CHINESE SHIPPING OFFICE Telm. 23738-20163

CHINA MERCHANTS S.N. CO.

as, Connaught Road, West,

Telephones: 31633-34930

DEPARTURES

S.S. “HAI HSIA” Singapore

BRANCHES IN ALL DOMESTIC PORTS

22nd July

FOR PASSAGE & FREIGHT PLEASE APPLY TO THE ABOVE

“WEEKLY CHINA MAIL”

CONTAINING ALL THE LOCAL NEWS

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD”

Price 50 Cents

ON SALE EVERY: HURSDAY.

Augh Dutch Stu Angiodavos In

Batu Antra,400, Bule Pantall h

Chentare Unlled 40m. Cena Butlers 201 Consolidated Rubbers in. Dominion Hubbers in, Ingkal In.

Repah Rubber

lubber Trusta

30, n. Samozaste Rubbers 85a, Bemandu Rubbers in, Shanghai Kusluba in. Shanghai-Malayo 120. Bhanghai Femalena „Jūn. Bunge Turin 283mm Tanah Merahs 60n. Tebong Rubbers 110a. Zlangbe Rabbers 10.

Money Market

US dollars climbed to HK$0.20 yesterday after opening at 30.12.

put through from TT Was

56.27. HKS6.15 to

Sterling was unchanged at IIKS18:80, as were Australian

at HK$13.80. pounds

Piastres were again quoted at HK$12.90 a 100 nominal.

Ticule HK$20.30 a 100.

al unchanged were

were 10 cents

NEI: Guilders

lower at HK 34:80 a 100.

NY COTTON

-

New York, July 20. Cotton futures closed five cen's lo: 35. couits: lower on profit-taking fnd hedging encouraged by the recent market advance.

October 29.74.

December, 20.03.

March 29.59. May-19,47. July 28,88.. October 20.66._ Middling spot 32.00 nomi /issociated «Press.

NY RUBBER

New York, July: 20. Crades rubbari Din 1 futures álored five to 13 tower will, sinhtan [{ot' 91 contracts.

[ December!

SNYDER HOLDS ANKARA TALKS

Ankara, July 19. Mr. John Snyder, United States Secretary of the Treasury,, was roceived here today by Presidenti Inonu of Turkey.

Earlier, Mr. Snyder had talks!

The newspaper continued; "Her total contribution, to the dullar pool in 10 years has amounted tu nearly a thousand million rupeox.

The

full

rubber prices makes it all the more necessary for this country to make the most of her dollar resources.

In

But now we are asked to fol-' low Britain's example and make culs in our imports from dollari areas, and our delegates to the London talks have agreed to make this recommendation to the Cey-

on Government"-Reuter,

with high Turkish offelale and SHIP MOVEMENTS representatives of the Ekonomie Co-operation Administration in

Ankara.

#conomic and financial prob- leme

United connected with States-Turkish relations were re- viewed.

Mr. Snyder told reporters that

important! Turkey's increasingly rola In world problems had brought him to Ankara,

He will leave for Calro tomor- row.-Reuter.

CHICAGO GRAINS

Chicago, July 20 Grains were steady to firm, in fairly active trading, but profit the close reduced the cashing at best prices Wheat closed. to 1 higher.

July $1.09-08. September $2.02 4- December $2:05 16-16. March $2.04 -- May' $2.00-$1.09 %, Corn was a 1/8 to 1% higher..

July $1.42-414.

Oats were unchanged to 3.

highr

July 63,

Rye was to lower.

July $1.54-4.

Seattle, July 20. The Edmond Mallet sailed for Yokohamn-Associated Press,

Notice To Consignees

CIE DES MESSAGERIES

MARITIME

Consignare per Company's ➡" "OWENDO"

goods are, landid.

Anaconda Copper 29 Aviation Corp. 3

Baldwin Locomotive 91⁄2 Barninil 444 Bendix Aviation 30

Bethlehen Steel 20%

Boring Aircraft 1931 Barden Co. 41%

Canadian Pacific 12

J. J. Case 36%2

Chrysler 494

Colgate 39

Commercial Solvents 1046

Com Products 50%

Du Pont 47%

Festman Kodals 42 General Electric 373 General Motors 50% Goodrich 53* Goodyear 40

Homestake Mining 41% Infernational Harvester 20 international Paper 49 International Tel & Tel 0 Johns Manville, 30% Kennewoll Copper 47 Montgomery Ward 32 Notional Distillers 19 National Lead 32 New York Centrul 10 Packard Motors 34% Pun American Airways Ba Pennsylvania NR 14 Radio Corp. 1035 Remington Band 03 Republic Steel 10% Revnolds Tobacco 38 Sears bebuck 39 Shell Oil 34%

Soceny Vacuum 15% Southern Pacific' 37% Standard Brands 19

Standard Oil of Calif. 61% Standard Oll of N. J. 67% Studebaker 213% Union Bag 24. Union Carbide 38%% US, Rubber 38

381⁄2 US Steel-22%

US Lines 15

Westinghouse 24%

Youngstown Sheet & Tube 63 Gen. Pub. Utilities 13%

-Associated Press.

BRITISH TRADE WITH ARGENTINE

London, July 19:

atu kursby, notikad, that, tholy enrgn, in bring docharged into the Bang King

The Foreign Secretary, Mr. A todown Ca's Ernest Bevin, declared in a speech a Kawish Whart

down, where it will be at Cohere tonight that the new Anglo-

trade Argentine risk, and subject "to" the, Whart's terms

agreement and' conditions of viernes, and where; eßvory, may be obtained, að sem be the capable of great expansion.

Mr. Bevin, who was speaking at the Anglo-Argentine Society's that Britain's dinner here, sald

has friendship with Argentina, Insted. long time, adding:"I can assure, our friends' here that It is intended by all of us that last forever.” friendship will -Beuter.

Damaged packages, nếu, to ha in the Goldyna, fór wxamination by Com sitross and the Company's, mereries Modderò, & Denglas' at; 10 am. on Monday, 25th July 1943,

Te, éymply, with the Coral Bonded | Warviendos Regulations. Consignore mu

hayo, ** Ketense, Offer, in allogenet

issalned'

AN

Soybeans were 14 to two cents goods' have, rett, the slimer's, padamus.

higher.

July: $2,80 %-%.

asdelátod. Press

LONDON STOCKS

No, calm will be wimited alling, the all goods" venisinink”, mál vened after the 14th July 1949, will be "Michinet

All claims neminot the same Shumented to the industyned: sy Naform the “2415, August 1949. or they Firmuss in, South African, Min- || will- has be rovngnipoke

other wold Khares on: tha

London, Jüly

sofherwise disiáti

Notice To Consignaas M/V. "MENESTHEUS" Damaged cargo.ex this vessel will be surveyed at Holt's Wharf between 10 amy and noon on July 22, 1949, and consignees are requested, to have their representatives: pre- sont during the BUTÝMY G

BUITERS

& SWALE

Hong Kong, July 21, 1948.

80 "BENVORLICH" "BENREOCH"

"BENCRUACHAN" "BENALBANACH" "BENMACDADI"

"BENDORAN" "BENCLEUCH" "DENNEVIB"

BENLOMOND"

London, Antwerp:

·Rotterdam, Ham- burg & Hull

Liverpool, Glasgow, Dublin. Havre, Antwerp, Rotterdam & Hamburg.

Genos, London, Ant- werp, Rotterdant, Hamburg, Hull & Leith

End August,

1st half Sept.

LOADING July.

1st half Sept. End August 2nd half Sept. Mid Sept.

2nd half. August." Early Sept.

Early October.

20th July.

vla Malaya, Colombo, Aden, Port Sudan and other way ports.

* Accepts cargo for Japan.

Calls at Genoa,

1 Omits Hamburg, calls at Leith"

For Further Particulars, Apply To—

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

York Building,

Agents

Telephone: 14188.

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA"

LOADING ABOUT. 15th. August

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM,! MASIRLOIG, OSLO, GOTJIENBURG AND COPENHA GUMING Tanks avaliable for the' carriage ofˇoll in bulk.

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd floor.

Tel 34111 & 84112

KLAVENESS LINE

SAILINGS

Direct to Los Angeles In 16 days Thence San Francisco, Vancouver, Seattle & Portland w M.S. "CASTLEVILLE" Www, Loading 29th July.

ARRIVALS. FROM PACIFIC COASTE

25th July. 21st Aug. M.S. "BOUGAINVILLE M.S. "SUNNYVILLE”

Salling to Singapore, Port Swettenham Penang, Belawan & Batavia M.S. “BOUGAINVILLE”

Passengery Hosoyish

HOO FOOK PING

THE BANK-LINI

(CHINA) LTD