1949-07-22 — Page 12

1'ate 12

THE CHINA MAIL, FRIDAY, JULY 12; 1940.

ROYAL

INTEROCEAN

LINES

JAVAPORTS and MACASSAR

"TJIBADAK"

***TJISADANE”

TJITJALENGKA"

"TASMAN"

"THBADAK“

SAILINGS "ARRIVALS

SAN ANIES

........2nd August

18th August ..1st. Sept.

MANILA

SAILINGS

27th July

2nd August.

In Port

4th August

18th August

ARRIVALS

26th July

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK"

"VAN HEUTSZ" {

SAILINGS

int August

16th August

ARRIVALS

23rd July

Bib August

Not calling at Penang & Belawan Deli Passengers accepted to Singapore only

EAST & SOUTH AFRICA & SOUTH AMERICA

"RUYS"

"TJIBODAS” *

"STRAAT MALAKKA"

"BOISSEVAIN"

SAILINGS ARRIVALS

10th Aur.

7th Sept

5th Oct.

18th Aug.

4th Nov,

26th Sept.

Calling at Mombasa & L. Marques Direct. Transhipment carro accepted on through Ba/L to

"RUYS

Dar-Ex-Salaam and Zanzibar.

* passenger accommodation.

JAPAN

SAILINGS

ARRIVALS

7th August

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"AMSTELDIJK"

"RIJNKERK"

"MAKIEKERK"

SAILINGS ARRIVALS

22nd July

End Aug.

Early Aug.

Early Sept.

.End Sept.

Transhipment cargo accepted on through Bs/1, to India, Mediterranean and Northern European porta,

"AMSTELDIJK"

JAPAN

SAILINGS

ARRIVALS

22nd July

KING'S BUILDING: TELS: 28015 10 28017 CHINESE AGENTS: 82. CONNAUGHT RD, C. Tres 31196-25133

DE LA RAma Lines

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO m.v. "DENARES"

Early Sept.

SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES ru.v. "DONA ANICETA" (calls Japan) ..............

Mid Aug.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tola. 23076-22675

CHINESE SHIPPING OFFICE Tela, 23788-20153

HONGKONG / MACAO

DAILY SAILING

FROM HONGKONG

FROM MACAO HOI ON WHARF No, 18 WHARI

9.00 A.M.

T.S.S. "CHEUNG HING"

Further Particulars Pigase Apatzimm TA HING Co. (B.K.) LIL St. George's Bldg. (Tele; BIASA, KARGO

Tubject in Alterntiany - Without Motion

2.30 P.M.

35

“WEEKLY CHINA MAIL’

CONTAINING ALL THE LOCAL NEWS :

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD”

Price 50 Cents

ON

THURSDAY.

FINANCE AND

COMMERCE

LORDS PASS STEEL BILL WITH THIRTEEN CHANGES

Hong Kong Stock Exchange

London, July 20,

The predominantly Conservative House of Lords, which is hostile to nationalisation, tonight pass- ed a Government Bill. to nationaliss Britain's iron and stool industry.

But since it made some important changes, the battle with the Government still continues.

One of these changes pationalisation postpone

would (90

until

affer next year's general plection

Small business with Fates still with a view to giving the coun

on the ensy side.

R.K. GOVT. LOANS -4an 101}n,

# (036 & I140) 1000. Mann (1958) 10fin.

BANKS

3. &. Bank 1500m, 1AMONA

(am. Reg. X.D. 2011. min. Chatter Fank C30 6, 19m.

$1. Merck A. & Hank of Vaxt Axin 1,

INSURANCES Conta n. 350p. Union In GGUL, OGRIM

Voiterwritem 5.500. IK. Fire tum, 2430.

SHIPPING

Douglaser 2640.

1.KM. Kteamboats 279. Ilo China Pref. nýju,

(Def) 2000,

Shell Bearers Gh/en.

Union Waterbenta 201

A-in Nu stb.

DOCKS, WHARVES, GODOWNS, FAL B.K. K. Wharves 1224. North Pole Whares din. Shanghai Bongkew Wharves 17a. 11.8. Backe 150.

China Pravijenta 128«. Showhal Dockyan Him. Wheelocka 296.

MINING

Ian Mha 4.300.

B.K. Mine atin.

LANDA, HOTELS ▲ JILOGH.

31. 8. H. 114.. R.K, 1 63jb. Bājs. Shanchal Lands 2.469, 2.40s. Hopher lim. H.. Benities 25 Chin Patton Ch

PUBLIC UTILITIES HK. Tramways 17.10%, 17. Peak Truth (old 10,

(New) fun.

Star Ferries 1081, Cathleen 12.65 12.69

(New), B, 9.3. R.K. Electrio 12h, 33, 33}}, Mucior Khetrira 220. Sandakan Lights on,

Telephones

Shanghai Cina An

INDUSTRIALS

total. Maes, (Ord.) 20.500. Canton le 7.

tements fo

HK. Rupes 16.

HTORES, Etc. Dairy Farm 36. Watrone 10%.

1. Crawturits (0%) 210.

(New) 3n.

Bilceres an.

China Emporium 85. Sun Co., Lul. Sen.

Ewong Saat Hent 132A. Wing On (UK) Bân. Wan, Powell. Ltd. 91.

MISCELLANEOUS China Euleriaiumtents 1990 IK. Constructions ( 30.

(New) in

Vibro Piling Iju.

Maraman Investments 9/-0.

• Maramon (K.) 24. Shanghai - Lon Lan. Yangtası Ji.

COTTONH

Swn B, fa, Shun,

RURDER, Ee, COMPANIES Alma Estates 141, Anglo-Dutch „301. Anglo-dayaan Halu Anims 40. Bute Plantations Im Chemure Waited 40. Cheng Rubbary 200 Consolidated Hubbers In. Dominion Rublwes in. Junghein JL. Borah Rubbers „BON. Shibber Truuter Ja Namaraks kuskrra hắn. Basantakse - Iubbern 25. Shanghat Kalaha ta,. Shanghal-Malaya 120. Sherland Bumat 30. Sigel Doria 3310, Tah Merah

u

Trbons Rubbers tûn. Ziangbe Rubbers th

try

a chance 10 have thoughts on it

to

The Government

second

is expectry!

reject this amendment If the House of Lords teni refuse to give way-and they suy they will not-the Government Can make thede, origina) Bill daw before the end of the Parliament without

proval.

present

thch BP-

This can be done through a Bill called the Parliament Bin which the Government Intro- duced last year to reduce the powers of the House of Lords to delay legislation from two years

to one.

13 Changes

The B, which had already been through the House of Com- mons, was passed without a vote being taken.

nient had gone "ernzy"

New British Trade Slump

London, July ̈21. Britain's international træde went another £54,200,000 Iz The hole in

June-deeper 21 time in any than months.

A final Board of Trade re- port said exports ran high but imports hit a new record. and vital doilar shipments to América slumped. Aganolat- od Praze.

Plan For Pooling Resources

Dublin, July 20.

New York Stock Exchange

New York, July 21, The stock market scored fresh Ruins under leadership of steel Final prices and railway issues.

were up fractions to around a point to put the general level at Some tog an eight-week high. gains of the day were shaved n demand fell off during the last hour after hitting around 1.400,- 000 shares for Uie session. Busi ness was swollen by unusual ne- tivity in two low-priced utility shares. Commonwealth and South- A ern and Union Corporation. block of 115,000 C and S shores sold at 4-, equal to the year's high. Unitel rose at one time to 324

top for the year. Alan ahead U. S. Steel, Bethlehem, Re- National, Jones and Laughlin, General Motors, Chrys- ler, Hudson, Gouttrich, Montgo mery Ward, Admiral Corporation, Southern California Edison, Ken- necott Copper, Radio Corporation, Owens Illinois, American Wool- Ol Ion, Sinclair

and Richfield Oil.

The Prers have mado 13 changes. Most of them affect the the Iron and Steel

Mr. James Dillon, Irsh Minister powers of Board, which is to control the for Agriculture, today outlined a industry, by having the majority four-point plan for fooling the the United States: of shares in 100 of the leading resources of

In defence of the and Britain

Among sticky spots were U. S. companies.

Rubber, Sears Roebuck, Douglas Lord Wootton. for the Opposi-coirmon cause.

Mr. Dillon was addressing the Aircraft, Western Union, Anacop. tion, thought that the Govern- annual meeting of the Ancient da Copper, American Can, Uniún

bring, Order of Hibernia, a Catholic Carbide und American Tobacco. in such Bill L the present body. He suggested: economic situation.

1.-Dollars and sterling should be re-valued in terms of gold,

acceptable

exchange 2.An rote belween the dollar and ster-: beling should be fixed by legislation

in London and Washington.

3-There should be free pas- He also thought that the BIL

money and goods would damage the Trade Union age of men,

between the two countries for 20- "When Muvement.

the ordinary

yours. trade unionist stw his trade) union leaders "hobnobblog with the bosses," he began to wonder which of them was in the pocket of the other.

Labour's Belief

IL maant

the suffocation and strangulation of the steel Industry which would

thrown into confusion.

For the Government, Lord Pakenhamn, Minister of Civil Aviation, said that the Govern- ment believes that no coherent national plan can ever be Huaranteed white this key in dustry is in private hands.

Viscount. Samuel, leader of the Liberal Party in the House of Lords, said that the Liberris support the Opposition. Heuer

Production Costs In Britain

London, July 20. Sir Graham Cunningham, Chainnan of Britain's Dollar Ex- ports Bourd, today strongly cri ticised statements that British production costs are too high.

He thinks that on the whole the costs in British industry are pretty good.

Sir Graham was speaking at a luncheon of the Leather, Foot- wear and Allied Industries Ex- port Corporation.

am not running down British manufacturers on the grounds that their costs are too high, but It does not mean that there is not roum for improvement," he de claved.

"I hate seeing those in authority decrying us by saying that our production costs are too high. It only makes the buyer on the other side think that they are: and it does not encourage our attempts. to sell overseas," Sir Graham added..-Router.

SNYDER IN EGYPT

Notice To Consignees,

M/V "CITY OF ALMA” Having arrived Hongkong consignees of cargo are hereby notified that all goods have been landed and placed at their risk and expense into the go- Mr. John Snyder United downs of the Hong Kong & States Secretary of the Treasury. Kowloon Whart & Godown arrived here today from Turkey two-day talks with the Co., Ltd., where delivery may for

Egyptian Prime Minister, Abdal

goods ard landed.

Cairo, July 20.

4.The Commonwealth

States

should be invited to join, as well 18 the European demperacies willing to participate.

Mr. Don asserted that unom- eiul strikes in Britain are inspired by the Cominform as well as by agitation in the United States. The object in to exert pressure on down the United States to cut Marshall aid.-Reuter.

MONEY MARKET Hong Kong's money market had a heelle tone yesterday as rumou mongers again,ounded) the Sterling devaluation score, and luter said it was all wrong.

US dollars were up to HK$8. 37% when the market opened,

timo hul by timin

were down ngain to $0.21. Later the price went up again to $0.25.

TT put through was first at AK$8.91, then at 86.35. When the market slumped it was down to recovered to $6.23%, but later $6.27,

Sterling was stationary at HK$- 16.00, as were Australian pounds at HK$13.80.

Pisstres were again quoted at HK$12.00 nominal, a -100,

Ticals were unchanged at HKS- 28.30 a 100.

NEI Guilders were stationary at HK$35 a 100.

NY COTTON

Cotton

Kw

New York, July, 21. futures closed chonged to 20 cents higher.

Octobor

December

March

May July October

20,74. 20.06. 20.00. nominal.

20.47.

20.01.

20.00.

Middling Spot 32,80, nominal.

Associated Press.

Notice To Consignees

-

CIE DEA MESSAGERIER

MARITIMERS ****

Confenies per Company's

W/1 "OWENDO”

Dow Jones averages: Stocks

62.41.

20 Industrials

175.00.

45.12.

35.37.

15 Rolls

10 Utilities

Adams Express)-10% Alaska Juneau 3 American Can 93% American Smelling 404 American Telephone 141 American Tobacco 004 American Waterworks 76 Ancondu Copper 28 Aviation Corp. 5 Baldwin Locomotive D1⁄2 Barnsdall 4414 Bendix Aviation 30 Bethlehem Steel 27% Boeing Aircraft 18 Borden Co. 42% Canadian Paciie 12

1. Case 374

Chrysler 50%

Colgate 3015

Commercial Solvents 15 Corn Products 61 Du Pont 47%.

Fastnuan Kodak 42 General Electric 37%

eral Mutors.00 General Goodrich 594 Goodyear 41% Homestake Mining 415% International Harvester 20 International Paper 40 International Tel & Tel 0 Montgomery Ward 524 Kennecott Copper 47% Johns Manville 30 National Distillers 19 National Lead 12 New York Central 10% Packard Motors 351⁄2 Pan American Airways Pennsylvanian RR 14% Radio Corp 103 Remington Rand 9% Republican Steel 19% Reynolds Tobucco 30% Sears Roebuck 39 Shell Oil

34%

Sceny Vacuum 15%

Southern Pacific 37%

Standard Brands 10%

Standard Oil of Col.61%

Standard Oil of N. J. 07% Studcbukur 214

Union Bag 244

Union Carbide 381⁄2

UN Rubber 30

US Steel 24%

• US Lines 15

Westinghouse 24%

Youngstown Sheet & Tubo 431⁄4 Gen. Rub. Uilities 134.

-Associated Press.

AMERICAN PRESIDENT LINES

The Global Fleet-

TO HONOLULU AND SAN FRANCISCO via JAPAN

per

"Provident Wilson"

Acc. ......

July 31

Sall

Aug. 3 "General Gordon" /

Arr. Aux. 4 Sall ...... Aug. 15 TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

July 27

Arr. ......

SAH......

July 28

"President Taft" "President Madison" ...... ....... Aug. 10 Sall. Aug. 11 TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMĄ

"President_Fillmore" Arr...... Aus. 10 Bail. Aug. 11

"President Tyler

Art....... Sept. T Sail ROUND THE WORLD

Sept. 7

VIA MANILA, SINGAPORE, COLOMBO, KARACHT, SUES. --

FORT SAID, ALEXANDRIA. NAFLES, MARSEILLES,

GENOA, NEW YORK and BOSTON

Arr. July 28 Sall "President Monroe"

Sall "President Buchanan"... Arr...... Ang. 0

TO SOERABAJA, BATAVIA & SOENGEI GERONG

July 28 ...... Aug. 11

"President Tyler" "President Grant"

ATT.......

July 30 Arr....... Aug. 26

Opposite Star Ferry.

Sall

July 31 Sall. Aug. 27

Tel. 28172/A,

BEND LINE

"BENVORLICH" *BENREOCH"

BENCLEUCH" "BENCRUACHAN" BENALRANACII" "BENNEVIS" "BENMACDHUI”

BEIF "BENVORLICH“ "BENCRUACHIAN" TBENREDOL"

BENMACDHUI" "BENALBANACH”-

-

{

Notice To Consigness

a.m. and

M/V "MENESTHEUS"

be obtained. as soon as the Red Pasha. He will also hold aru kereby, nož?ded thai thịt cargo, is¦ Damaged cargo ex this vessel Lalks with the Egyptian Finance charged fate for ear will be surveyed at Holt's

4 Kowloon “Wharf Gada Ca's Wharf between 10 No claims will be admitted Minister, Hussein Fahmy Bry. godena, where it will be of Cannizziven"

Mr. Snyder will go after the goods have left thei

on, 10 risk, and subject to the "Wharf moon on July 22, 1948, and "Athens godowns or failure to attend Reuter.

requested to week-end.--and conditions of stopsar, and where consignees

deliver May he skisized aj spn ng the have their representatives pre- avoda" ara”landyd,”

sent during the survey.

BUTTERFIELD & SWIRE, Agents.

the survey.

the

LONDON STOCKS

+

Daringed packagte nog, la, bu taft_in London, July 21. tha" Gedovun (py: quumtaalge by "Can-|

alenses and top Campagna mrveygen, Political uncertainties, position went. Collard de Tonging at 19, im of the dock dispute an unfavou- en Mandag, 18th, July "Trib cable Board of Trade returns for

All broken, chafed and dam- aged goods are to be left in the godown where they will be examined in the presence of Messrs. Goddard and Douglas on July 25, 1949, at 10 am.

To comply with the. General Bonded Warehouse Regulations consignees must have a day and many small loeses also

June created irregularity and Ti comply with the Gingmal Denied dullness on the Stock Exchange. Warehoum Regulations Conslyseon ** anal Glit-edged securities were fract-haverage Oficer" in attendance #užlable, gvoda * "kre tonally easier as trading started danger. for the new account on Wednes zamined

venus Officer in attendance appeared among industriel Ten- No claima will be admiifad' affar, the when examining damaged duilders, Gold astres moved higher share lift the stammern, ESEN able goods. All claims izains, on good support for Kaffes and chiếc tha silk, Jub, ni va apie the vessel must be rjes ted to West African Issues,

the Undersigned, within four Financial Times Index 104.7-

todu days of the ship's arrival, Associated Prem

or they will not be recorded..

No Are Insurance

effected..

SHIP MOVEMENTS

arc

Hong Kong, July 21, 1849,

Notice To Consignass,

M/V <“AUTOLYCUS" Damaged cargo ex tiris vessel will be surveyed at Holt's Wharf between 10 am, and noon on July 23 and 25, 1969, and consignees are requestell to have, their reproces present during the survay,

BUT

Hong Kong, July 1949

"BENDORAN" "BENCLEUCH" "BENNEYIS"

"BENLOMOND"

ARRIVALS

FROM

U.K. via Singapore - do -

- do --

(Direct)

U.K. via Singaporo

-do-

do

SAILINGS

330

London, Antwerp, -

·Rotterdam, Ham- burg & Ball

Liverpool. Glasgow, | Dublin. Havre.

Antwerp, Rotterdam & Hammare

Genoa, London, Ant- werp, Rotterdam, Hamburg, Inil & Leith

DUE

28th July.

10th August.

15th August.

20th August.

End August.

End August,

1st half Sept.

LOADING 30th July, End August 1st half Sept. Mid Sept. 2nd half Sept.

2nd half August. Early Sept Early October.

20th July.

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

* Accepts cargo for Japan.

Calls at Genoa,

Omita Hamburg, calls at Leith.

For Further Particulars, Apply To-

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

Tork Building,

Telephone: HISH,

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA

LOADING ABOUT 1814 AUGUST

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN, Tanks available for the carriage of all in bulk.

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

Tel. 34111 & 34112.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thenes.... San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE”

Loading 20th July ARRIVALS FROM PACIFIC COAST M.S. "BOUGAINVILLE”

25th July MLS. "SUNNYVILLE”. W

Salling to Singapore, Fort Swettenham Penang, Belawan &. Batavia M.S. "BOUGAINVILLE

Chinese "Freight, Agents an HOO FO

27th: