1949-07-27 — Page 14

THE CHINA MAIL, WEDNESDAY, JULY 27, 1949.

we 14

ROYAL

INTEROCEAN.

・

FINANCE

AND

COMMSF.

LINES Hong Kong COMMONS CLASH ON

JAYAPORTS and MACASSAR

"TJIBADAK"

TJISADANE"

"TJITJALENGKA"

"THBADAK"

**TASMAN

TJIBADAK"

"STRAAT MALAKKA"

SAILINGS ARRIVALS

2nd. August

18th August

1st, Sept 15th Sept.

MANILA

SAILINGS

[2741 July

.2nd August 5th Oct,

4th August

18th August 1st Sept.

ARRIVALS

-Import--a -

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK"

"VAN HEUTSZ" Į

"VAN RIEMSDIJK

SAILINGS

ARRIVALS

Stock Exchange

Another day devoid of interest.

KOT, LOANA

45 101,

La (1930 & 1928) 198.

— jog) sem m¬¿ 1963)_101D0

DANKS

... lank 1670.

(an, Reg.) ASTRA Porter Bank £10 1/18». Merentlik Bank A. & V. £tén. Bank of Emal Apia 11,

INSURANCER

Canton Lan. BUT,

tubin les, Goth, 6654, 669 Jan. Chan Underwrliere 6.000.

K. Pip Am. 24in.

31st July

16th August

8th August

4th Sept.

26th AK.

Tagi 259. EC,

§ Passengers accepted to Singapure only

EAST & SOUTH AFRICA & SOUTH AMERICA

"RUYS"

"TJIPONDOK" #

"STRAAT MALAKKA"

"BOISSEVAIN”

SAILINGS

7th Sept.

ARRIVALS

10th Aur.

22nd Aug. 24th Sept.

5th Oct.

4th Nov.

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

"DUYA

**EJIPONDOK"

Dar-Es-Salaam and Zanzibar.

* no passenger accommodation.

"STRAAT MALAKKA"

JAPAN

SAILINGS

ARRIVALS

7th August

24th Sept.

4th Sept. 3rd Oel.

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA and MALAYA

"RIJNKERK"

"MARIEKERK'

"MOLENKERK"

"RIJNKERK"

"MAKIKKERK"

SAILINGS ARRIVALS

End Aug. End Sept. End Oct.

JAPAN

SAILINGS

.14th Aug.

Early Sept.

8th Aug. Early Sept. Early Oct.

ARRIVALS

End Aug. End Sept.

Transhipment cargo accepted on through 1s/L to India, Mediterranean and Northern European ports.

KING'S BUILDING: TELS: 28015 TO 28017 CHINESE AGENTS: 82. Connaught Ro. C. Tess: 31196-25133

DE LA RAMA LINES

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

Early Sept. MLY, "BENARES"

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

M.Y. "DONA ANICETA" (calls Jopap) mingenieu

SJUPTING -

M. Bleamboats 17m. to Chinas (Prof; 96.

thef.) gen

This wareer $4/4in.

3 Waterboats 2011,

DICKS, WRARVES, CODOWNS, Eie. F&H, Wharven 1. North Point Wharven Ofn.

bansa? Benshew Wharves 190, H.K. T

Chios Providepita 12{n. Shanthal torkyweds A. With Zul, 10am.

MINING

Ha Mines 4,30m.

.K

1.ANON. TELA & AL.DON.

11. & 8. Hotels 10.8ub, 116, 10.20/Žen. RK 1 Cadle.

Alchirhal 11.04 7.30b,

Humphreys 111.

3.K, R 3. Chinesa Entisten (fifius,

PUBLIC UTILITIKA

HK. Try 16, 2 Peak Truma (id) 19.

(Now) to.

Carles 108.

phin (id) 31.500, 12.20, 12mm (New) *.NG*, 8.4. Eletries A1, 32kw,

M Electrics 204. Herlukan diphta Sa. Themes 220. Slundini Gan 30.

INDUSTRIALS (Dr.) 25.60M,

f'atten for 71). Cette 2224, 22jn II.K. Iope 19.

STORES. Ele. Dairy Farm de, R. Wibes 4435,- €5/4djan.

1.. Crawford 101d) 24.

(New) 230.

Kinteren 0.15,

Chla Empuriem u.

Ha Co., Ltd. n.

Kwag Hang Hong 136.

Wing On B.K.) 8. Wm. Powell, vial. 04.

MISCELLANEQUE

Chink Entertainments ha 11.K. Constructions 1024) in.

(New) Zin.

Vibe 'Ange 15in, Marsman lavratræents W/>n. Marsman (H.K. n. Shoshal Loan 1.68n. Yanite 315,

Evet

COTTONS

RUBBEN, E., COMPANIES Alma Estate 14, Anglo-Dutch on.

Aula Juvns in.

Rutu Annm 40n. Bute Plantations. 2. Chemure United

408,

Cheng Bakkers 30n.

Consolidated Rubbers in. Dambilor Raubers In. Langkats 17.

Hesh Rubers 20.

Rubber Trusia 33.

Mid Aug.

8. in.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

CHINESE SHIPPING OFFICE Tela 23738-20153

MARINA HOUSE Tela 23676-288?B

BEN LINE

JBI

VAL GAST

ARRIVALS

FROM

"BENVORLICH" U.K. vla Bingapore

*BENREOCH"

"BENCLEUOH"

"BENCRUACHAN*****

RENALBANACH"

"BENNEVIS

"BENMACDHUT“

SHI

"BENVORLICH", "BENCRUACUAN" "BENREOCH""" "RENMACDHUT" "BENALBANACH"

"RENDORAN" *BENOLEUCH" "BENNEVIS".

"BENLOMOND"

- 10 -

(Direct)

U.K, via Singapore

wwwwdo-

da

SAILINGS

TO

London, Antwerp. >Rollerdam, Ham-

.burg & Hall,

Liverpool, Glasgow, Dublin, HavES, Antwerp, Hotfärdam ́& HambaryE.

DUX

28th July. 10th August. 15th August. “ 29th 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.

Genoa, – Londan/ Arts werp, Rotterdani, 27th July.... Hamburg, Hull & Leith

via Malaya, Colombo, Aden, Port Sudan and other way poria,

• Accepts cargo for Japan.

8 Calls at dehor.

Omits Hamburg, calls et Laith.

† Calls at Jeddah

For Further Particulars, Apply

W. R. LOXLEY

York Building,

& CO. (CHINA) LTD. Agents

Bang Rulibere Semamba Rubbers Bhanghai Kelnha in. Shanghal-Molaya 12h. Ahanghai Busty .80.

Sungel Duri 13).

Tunch Mera Son

Telung Rubbers .40.

Ziangbe Rubbere 18,

CHICAGO GRAINS

IRON, STEEL BILL

London, July 25.

The House of Commons today faced an all-night sitting as the Government called up all Par- liamentary support to rescue its Bill to nation- alise the steel industry.

The Bill had been thrown back from the Conser- vative-dominated House of Lords-with-about- 60 amendments, most important of which was to delay its operation until October, 1950. This would give the Conser-

next vntives-if they win the

which must general elretion, come before July, 1850-a chance

to repeat the whole Bill.

"Mr. George Strauss,

Minister

of Supply, upened the debate on the nationalisation of the steel industry.

The Minister asketf

Members

to refuse to postpone the opera- tion of the Bill as proposed by the predominantly Conservative House of Lords, The Peers had altered the Bill to ako it come into operation on October, 1950 -after the next general election. The House of Commons, where husu over- the Clovernment riding majority, are expected to rest this and return the Bill to the House of Lords.

If the Peers deline to give way again and they have Enid bat they will not-the Clovern- inent is expected 10 make the Bill law, despite the Peers' ol jections, through the Parlismen iary Bill troduced last year.

Mr. Strauss said that the flouse of Lords hurt made benut 00 amendments.

Govertiment

*T

proposed to accept 28 of these- nestly amendments In drafting, which do not conflict with the Government's general ikations. Could Not Be Accepted

Factories In Hankow Again

In Operation

Gan Francisco, July 25. Nearly 2,000 factories are working again In the Com- munist-held Yangtae port of Hankow a

* result of Gov. ernment ald Ivans exceeding 834,000,000 Communist dol lare, Pelping Radio reported tonight.

Coal, cement, tobacco, tex. among other tiles and flour,

are being producto, things. the daily output rate of flour being 10,000 bage dally.

The

Radio also

reported that 11 egg factories in North China are turning 1,000,000 cap dally into can producte for export.-Reuter. *********

Money Market

US dollars weakened yesterday imediately the market opened,; and were down to HK$6.20 short-| ly after lunch-time, closing stea- The opening rate dier at $6.22. was 3029. not be ac- TT was put through between affect fundamental HK$6.22 and $0.27. The closing principles, make almost impos rate was $6.21.

Sterling closed ot IIIC$10.00 sible the task of the Steel Cor poration, which is to run the in-after it had opened ilustry, or are based on the as- higher. sumption that the Corporation

The others could cepted They

dick

ut 10 cents

Australian pounds dropped to

will consist of ignorant busybo-HK$13.50 after opening at $13:00.

Tiens opened at $13.05 and that the Minister is an "irresponsible nitwit, outside the 100 and closed at $13.75, control of Parliament."

Ticals HK$28.34

at

unchanged were

100, as also were

METALS UP

The first amendment of the NEI Guilders at HK$34.50 a 100. House of Lords, he said, is in the last category, suggesting that three members of the Cor.

should

have expe. poration rience in the production of iron and steel,

Now York, July 23.

The price of lead advanced cent a pound to 14-4 cents, New For the Opposition, Mr. Oliver York. The. new pilce is up 2-%

to Parliament's function give cents from the recent low of 12 in effect that it is Lyttelton, sald

not cents, which had been unlimited powers to the Minis- from May 26 to July 8. tor, and he hoped that he would use them in a reasonable man- ner.

"It is possible to appoint a whole body of trade union off- cials when the field of Govern- ment patronage is ever widen- ing" he saki.

"Safeguarde which, in other days, might not have been necessary are urgent today," he

wilded.

Slow Progress This amendiment was defeat ed by 209 votes to 153.

The price of zite advanced conta pound to 10 cents, East Saint Louis basis.Associated Press.

MAIDEN VOYAGE

New York, July 25. The か African Enterprise, newest addition to the American merchant fleet, arrived today for har maiden voyage as the Arst post-war passenger liner operat Mor between the United States

and South Africa.

The 14,247 ton vessel, a former Progress with the amendments transport was rebuilt at Gulf Yards in Mobile

was very slow. After six hours, and leaves on Saturday

The

three had been

to

manufacture NY COTTON

the Industry,

The

of debate, only

rejected. These included une for Capetown, Port Elizabeth, which

to prevent sought

the East London and Durban. Steel Corporation from engaging African Enterprise in operated by in activities outside the iron and the Farrell Linos which will soun put a sister ship into the same isteet Invernment maintained❘ service.--United · Press. Chicago, July 20. Soybeans and wheat paced on that the nationalised industry upluri, wheat jumping around a should be able cent at the opening under age sidelines outside

New York, July 20. sive mill buying. General' com

as the Industry does now,

Cotton futures were regular mission house buying boosted

The

Opposition rald that with

the in slow trading and closed 85 soybeans,

the powers under this Bill Wheat

Corporation would, on behalf a cents a bale lower to 25 cents the Minister, be unle

to enter higher.

October through it liked any industry

December the back-door and break up any

March centre of industrial power

May The amendment was rejected by 324 votes to 180-Reuter.

closed -1- higher. September $2.08 4-4- December $2.00-$2.08 4 March $3.07 -3.

Corn -1- higher. September 31.99 92-76. Set - High Oats September .66 Hye lower to 4 higher. September $1.50

Soybeans 4.%-9 cents higher." November $2.20 4-3-Asso- cluted Press,

SHIP MOVEMENTS

July October

20.67.

29.52.

20.48.

19

29.31 bld. 26.79 ..... 28.74.

---Associated · Prest.

New York

Stock Exchange

New York, July 26. The stock market resumed its Rummer

rally at a slow

Gains ranged

AMERICAN..

The Global Fleet

TO HONOLULU AND SAN FRANCISCO

"Froident Wilson" "General Gordon"

via JAPAN

WARL

Arc.

July 31

Arr. ASK. 4

Sall...... Ball...... ANE.

TO SAN FRANCISCO AND LOS ANGELÉS

"President Talk"

"President Madison"

vla JAPAN

Arr.

July 28

...... Attg. 10 *** Arr.

Hall****

July 29 Bail... Aur. 11

TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

"President Filimoro" "President Tyler"

Aug. 10

Buil

Ball

...... Aug. 11 Sept. 7

ATE.

Arr...... Sept. 6 ROUND-THE WORLD VIA MANILA, SINGAPORE, COLOMBO, KARACHI, BUZI

PORT BAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON

from

around a point. 660,000.

pace. fractions to Transfers were

1

"President Monroe"

Art....... July 28 Ball "President Buchanan" Arr. ...... Aug. 9

Sail ......

July 28 Aug. 11

Benguet Consolidateit, sixth or active Klacks the list of nost

closed up at 2-4. Other gainers included (s.terpillar Tractor, Dow Chemical, Allled Chemical, Phi- Woollen, lip Morris, Amersena Eastern Airlines, Twentieth Cen- tury Fox and Hudson Motors.

WOT Wool- Among Inggards

Central, Mission worth, illinois Corporation and United Airlines. Stocks Dow Jones averages: 62.30. 20 Industrials Rails 45.22. 10 Utilities 35.48.

175.12. 15

Closing quotation. Adams Express 10% Alaska Jurien 3% American Can 914 American Soelting 46 American Telephone 142 American Tubticen 59 American Waterworks 75% Anaconda Copper 28% Aviation Corp. 5 Baldwin Locomotive 93 Barnsdall 474 Bendix Aviation 30% Bethlehem Slee) 27% Boeing Aircraft 114 Burden Co. 42/2

Canadian Paeitie 12%

J. 1. Case 27 Chrysler 50%

Colgate 37

Commercial Solvents 15 Corn Prochucts 007 Dupont 48

Eastman Kodak 41% General Electric 37% General Motors 60% Goodrich 50% Goodyear 401

Homeatake Mining 42% International Harvester 2516 International Taper 49 International Tel & Tel 8% Johns Manville 30% Rennecott Copper 463 Montgomery Ward 13 National Detillers 10 National Lead 32 New York Central 10 Packard Motors 34 Pan American Airways. 014 Pennsylvania RR 11% Radio Corp. 10% Remington Rand D Republic Steel 19%

Reynolds Tobacco 37

Schenley 28% Sears Roebuck 30% Shell Oll Sacony Vacuum 15% Southern Pacific 37 Standard Brands 1934

Standard Oll of Calif. 01% Standard Ol of N. J. 67% Studebaker 22

Union Bag 22

Union Carbide 381⁄2 US Steel 23

US Rubber .35%

US Lines 15

Westinghound 2015

Youngstown Sheet & Tubo 62%

Gen, Pub. Utifies 13%

-Associated Press.

TO SOERABAJA, BATAVIA & 'SOENGEI-GERONG

"President Tyler"

"President Grant"

ATT......

July 30 Art....... Aug. 26

Sail

Sail

July 31 ...... Aug. 27

Opposite Star Ferry.

Tel. 28172/5.

AMERICAN PIONEER LINE

to and from Atlantic Coast Ports of

the United States

and Far Eastern Ports

NEW FAST CARGO SHIPS

ARRIVALS FROM ATLANTIC

"PIONEER COVE"

In port

"PADUCAH VICTORY"

Aug. 13

"PIONEER TIDE" "PIONEER MAIL"

Aug. 18

Sept. 4

SAILINGS TO MANILA "PADUCAH VICTORY"...... "PIONEER TIDE" "PIONEER MAIL"

Aug. 14

Aug. 19

Sept....5

SAILINGS TO

NEW YORK, BOSTON, BALTIMORE PHILADELPIJIA via JAPAN & PANAMA CANAL

"PIONEER SEA"

"PIONEER COVE"

+

Arrives July 28 Gaila July 30

Apr. 10

**

Aug. 12

"PADUCAH VICTORY"

Aug. 30

10

Sept. 1

"PIONEER TIDE*.

Sopt.

4

34

Sept. 8

هو

For rates, special information coll

UNITED STATES LINES

Queen's Bldg.

COMPANY

Tel. 21251

The abere at indicates the principal parts of leading und discharge as permeatly intended, but not their vetullam. For further informas

then see pchedule at the Campaor's Offen.

WOMEN STORM KLAVENESS LINE

BERLIN SHOPS

Berlin, July 25. Thousands of Berlin Women stormed shops in the Western rector today for the first post-war summer sales. Crowds of women also jammed the main streets of Hamburg today for the first sales there before the war.

Hundreds of police, were called cut as excited women rushed the shops for bargains. Polloemen were the only men seen in the crowds —Reuter,

Middling Spot 32.39 nominal.. LONDON STOCKS

NY RUBBER

New York, 20, ! Crudo rubber No. 1 futuras

San Francisco, July 26. Ship arrival: W. E. Aultman from Guam. Arrivals on July 24. Misión Santo Borbara from Yokohama, Great Republic from closed 10 to 18 higher with salas Okinawa, M. E. Lombard from of 23 contracts.

September. Manton, Francisville from Hong Kong.

London, July 25, omeink of the Treasury and a Ceylon delegation bogan degotih- tions here today to renew the reement on the use of Ceylon's

Seattle, Ship arrivals: Citrus sterling balancer, The Ceylon de- legation is headed by the Finance Packer from Yokohama, Flying- Minister, Mr. J. H. Jayawardena. Seud from Yokohama.-Associated

Reuter

Press.

December March

10.30-32 10,16 10.95 bid: ribbed smoked Boot No. 1 heels 10% nominal-Associated

Fress.

Pacific Far East Line luo

Fast Regular Trans-Pa

OVERLAND

NEW YORK-CIUADO-DINTROI TORONTO

·MONTERAL AND ALL AMERICAN & CANADIAN CITIES,

London, July 128. An easier tendency prevalled in most sections of the stock market Troding was unsettled by the possibility of further labour trou bles, dit-exiged, securitiend clined fractionally and small losses were recorded in the In- dustria!

at the close. group Kaffirs were the only bright spot and moved higher on support for the Free State issues.

Financial Tones Index 104.0/- Associated Press,

PRICE CUTS

to New York, July 20. American Woollen Company, world's largest manufacturer of woollen and worsted fabrics, la maklig; one of the biggest price cuts in men's sulting in almost 30 years.

Roddetions will be on the 1950

spring line, which will range up to 10 per cent lower than spring. 1950 prices-Ascociated. Press

U.S. TREASURY

Washington, July_261) Treasury "position" on July compared

corresponding

with

Total: Debt 7/8251,038,942,028,71

and $22.660.441

SAILINGS

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

Loading 29th July

25th July Aist Aug.

ARRIVALS FROM PACIFIC COAST M.S. "BOUGAINVILLE" M.S. "SUNNYVILLE”

Salling to Singapore, Port Swettenham Penang, Belawan & Batavia

M.S. "BOUGAINVILLE”

Passenger Accommodation Chinese Freight Agents, HOO FOOK PING

27th July

Balk Oil Tanks - Apply

THE BANK LINE (CHINA) LTD.

King's Building. Tel 1779L THE BANK LINE (China) rêa

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA

LOADING ABOUT 18th AUGUST

ADEN, FORT SAID, GENDA, ANTWERP, KOTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGI

Tanks available for the carriage of all in bulk,

THE EAST, ASIATIC CO.

Bid- 254 four.