1949-09-13 — Page 12

THE CHINA MAIL, TUESDAY, SEPTEMBER 13, 1949.

7****

ROYAL

INTEROCEAN

LINES

JAVA PORTS and MACASSAR

"TJBADAK”

TJISADANE"

"TJTJALENGKA"

TJIBADAK"

"TJIPONDOK"*

"TJISADANE"

"STRAAT MALAKKA"

"BOISSEVAIN"

"STRAAT SOENDA'

SAILINGS ARRIVALS .15th Sept.

.1st Oct.

MANILA

✦ no passenger

SINGAPORE, PENANG

"VAN HEUTSZ" "VAN RIEMSDIJK"

"VAN HEUTSZ"

SAILINGS

15th Sept. 15th Sept. 22nd Sept. 7th Oct.

5th Nov. 30th Nov. accommodation.

In Porl

16th Sept. 30th Sept.

ARRIVALS

25th Sept. 18th Oct.

and BELAWAN DELI SAILINGS ARRIVALS

In Fort 29th Sept. 13th Oct.

19th Sept.

3rd Oct.

19th Oct.

EAST & SOUTH AFRICA & SOUTH

"TJIPONDOK”*

*TJISADANE”* "

"STRAAT MALAKKA"

"BOISSEVAIN"

"STRAAT SOENDA"

AMERICA

ARRIVALS

SAILINGS

15th Sept.

22nd Sept.

7th Oct.

.5th Nov.

.30th Nov.

27th Sent 18th Oct.

Calling at Mombasa & 1. Marques Direct. Transhipment enrgo accepted on through Bs./1, to

Dar-Es-Salaam and Zanzibar.

no passenger accommogation

* not proceeding beyond South Africa.

"TJIPONDOK”*

TJIMENTENG"

"BOISSEVAIN"

"STRAAT SOENDA"

JAPAN

SAILINGS

ARRIVALS

13th Sept.

16th Sept. 28th Sept. 20th Det.

10th Oct. 29th Oct,

⚫ no passenger accommodation.

Agents: HOLLAND-EAST ASIA LINE EUROPE via MANILA and MALAYA

"MARIEKERK"

"MOLENKERK".

ARRIVALS

SAILINGS

End Sept. End Oct.

In "Port

Early Oct.

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

"MARIEKERK"

"MOLENKERK"

ま

FINANCE

AND

COMMERCE

U.S. AUTUMN BUSINESS U.S. METAL

OFF TO GOOD START

Hong Kong Stock Exchange

The Market continues selective and in some costs has given way. The Directors of the Yangtsza Finance Co., Ltd. have declared dividend of six per cent tax free for the year ended March 31 last.

B.K. GOVT. LOANS In 1008.

1

"RUL 1534 & 1948) 10th, 5 Loan (79ANS ENA, 201.

HANKS

B.KR. Rank 14209, 1410,4.

item. R. ANGO. Chartered Bank £17.1¢n. Mercantile Bank A. & 1, 21%. Bank of East Anku 18.

INSURANCES

Camden Inn, P

Best Ina. Geb

Chin Underwriters $.

I K Firefox 20.

XAPPING

Chnyt

tiet,

11. M. Steamboats 375m, Attelu Chlame (Prof.) #55, 16.

ztwa 2000.

Shells (Theaters 10/-n, Union Waterlanta 10. Andy Nav, m.

DOCKS. WHARVER, GUDOWNS, Etc.

K. Wharves it. Horth Paint Wharves 6109, 51,wa. Shanghat Hongkow Wharves itn. JL.K Block 174,

Chith Provident's 11.275, 11.com Elnurhal Dockyards 79;n. Wheelerka 21lyn,

MINING

Raul Mines 440.

1.K. Mine intim.

LANDS, HOTELS & BLOGS. 24. Kutele 101.46, 1035«m,

ILK. Lands 463, 405% ma

Shanghai Lands 20.

Humphreys Jon. 1.K. Rule 2a.

Chitreme Fatates 1815.

PUBLIC UTILITIES

HI.K. Tramwaya 10.40%, 10.20va.

JAPAN

SAILINGS

14th Sept. Early Oct.

ARRIVALS

End Sept.

Trak Truma (0) 20.

(New) 30h,

Star Ferris 1015.

End Oct.

KING'S BUILDING: TELS: 28015 to 28017 CHINESE ABENTS: 82. CONNAUGHT RD. C. Tris: 31196-25133

DE LA RAMA LINES

ARRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO'

m.v. "DENARES"

8.8. "DONA AUHORA”.

15th. Sept. Mid Oct.

SAILING FOR US. ATLANTIC COAST VIA LOS ANGELES

1.v. "HALLAND"

5.5. "DONA AURORA"

.17th Sept.

..Mid Oct.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 23076-22875

New York, Septembar 11.

The early autumn business season göt off to la favourable start this week despite highly un- settled labour conditions.

At the week-end came a momentous labour decision, that of the President's fact finding board's re- jecting a fourth round wage increase 'in 'the steel Industry but recommending a pensión plan.

The fact finders sald both skies had presented unsound arguments to it. but it bore down expechily heavily on pronts figures sub- mitted by Congress of Industrial Organisations economist, Robert R. Nathan.

Whether the recommendations a strel strike due would avert for Wednesday was not known.

Living Co

couts have declined, the heard found, and the race be- tween wages and living costs has checkel in recent munths. been

there Roughly, the board said should be an end now to post-war

increases.

wage

every

stralogis Propped at

of hiefly display by point

trength in seasonal lines, the overall economic pieture at the moment rate commendation not only from business analysts, but the such Washington bigwigs as Commerce, Secretary Charles Sawyer, Dr. Edwin Nourze, chicf White House eco- nomie adviser, chairman McCabe of the Federal Reserva Bourd, and even Mr. Truman himself.

Figures Speak

MF.

G.

When the President said: "The figures speak for themselves," he was talking about such things as the improvement in the nationall employment situation from July

to August,

n

Industrial production upturn

period,

in

Russia Taking

Major Part Of Malaya Rubber

Singapore, Septembar 11.

Russia and East European Countries received by direct and indirect shipments more

Malayan rubber then The United States 1sat month, 26- cording

reliable te usually market Bources.

Local

that

merchants

predict shipments to rubber Rustla will be even heavier this month.

According to official' figures, the

received United States 13.250

August tons during while Rúcela and East Europe took more than 11,000 tons. But Bingapore 'denters, say that

an Increpeed rubber shipment to Hong Kong went fardely 10 the Communist parts in North China or di

Vladivostock.—Reo- rect to

ter.

BRITISH SHIP TOTAL LOSS?

MARKET REVIEW

New York, September 12. Price confusion in the zinc market was cleared up Inst week. Demand for copper and lend con- quotations tinued strong

Arm.

with

Silver advancés a quarter of a cent. And the British Ministry of Supply removed its tempor- Iary ban m tin exports to US.

Buyers

Prime Western zue • prices settled at 10 cents a pound, East

St. Louis, after some offerings

were made at 10 3/2. Buying continued moderate.

Institute The American Zine reported that smelter shipments to domestic zine consumers 'last month were the largest since December of 1946. The August shipments totalled '08,639 tons, compared with "02,443 In July.,

The uptrend in copper busines continued at 17 5/8 cents a pound, Connecticut Valley.

Lead producera opened their books for Detober shipment or- ders and buying was in good volume at 15 1/8 cents a pound, New York, Some Government business was, included. Export lead was offered at 15 5/8 cents, Gul ports, on a slow market.

was

Foreign silver rosa a quarter of a gent an ounce on Wednes- day to 73 1/4 cents, New York. The advance

attributed partly to Improved demand from manufacturers of flatware other products, now replenishing Inventories for autumn produc- Lion

The Global Float -

TÓ HONOLULU '&' 'SAN FRANCISCO

"Général Gordon" "President Wilson" "President Cleveland"

vio JAPAN

Arr. Sept, 20 Arr. Sept. 20

Arr. Oct. 15

Bail Sept. 21 Ball Sept. 21 Sall Oct. 16

TO SAN FRANCISCO & LOS ANGELES vio JAPAN

"President McKinley" "President Taft"

•

Arr. Sept. 25 Sall 'Sept. 28 Arr. Oct. 3. Sail Oct. 4

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

"President Grant" "Marine Snapper"

Arr. Det.

Arr. Nov. 1

Sall 'Oct. Sall Nov,

ROUND. THE WORLD VIA MANILA, SINGAPORE, COLOMBO, KARACIH, SUEZ. PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON

Afr. Sept, '18 Sall Sept. 20 Arr. Sept. 30 Sall Oct. 1

"President Jefferson" "Willamette Victory"

TO JAVA '&'STRAITS

"Marine Sapper"

Opposite Star Ferry

Arr. Sept. 23 Sail Sept. 24

Tel. 29172/5.

BEND LINE

and

SHIP ***BENNEVIS”

in the same halt in the miki decline in personal Incomes noted July, reliable evidence that com- modity prices were entering an area of stability after months of downward zig-zagging, high level retail sales and a general dis-ship, the position on the past of business which was grounded on rocky whether it would to replenish inventories all along coast at Point Arena, North of silver or domestic metal.

here, was abandehed last night. U.S. Treasury is required to pay the line.

Department Also, the Navy asked for offers of 720,000 ounces of silver for use at the Forest San Francisco, September 11.

Illinois, Park,

ordinance plant The 6.736-ton British motor-with shipment before December

While

cautious an extremely

trends

"BENAVON" **BENWYVIS"

BEYS EVS

ARRIVALS

FROM .U.K. via Singapore U.K. via Singaporo

DUE

In Port

10th Oct.

20th Oct.

-do-

"BENLEDI" "BENVENUE” *"BENARTY"

"DENLAWERS" "BENRINNES"

2nd half Oct,

-do-

3rd Nov.

do

15th Nov.

24th Nov.

do

End Nov.

foreign

The

SAILINGS

то

Pacific Enterprise. 16. The Navy did not disclose

The Inst of the crew of 12 and 00 1/2 cents an ounce for ali C. Lights (obl 1b, 11e attitude toward the longer term the skipper left the ship by a newly mined U.S. silver.

(New) Bb., 8.8. H.K. Eiretrica 31, 4,

Mano Electric 20ýn, Bandakan Lights *». Telephones 104, 20%, 19%%sa. Shahgħal En.

INDUSTRIAL.H

Cald. Marg. (Ord.) 2009, Canton Jews în.

Crente 10.H, 19.70. H.K. Rupra 1ZA,

STOKES, Etc. Dairy Farms 17m. Watane 414

1. Crawfords 21.. Binteren 4344,

China Emporien An, Sun Co. Ltd. n.

Kwang Bang Huc 10tn. Wing On...) 7.

Wm. Powell, Ltd. 14.

MISCELLANEOUS

China Entertainments 15. H.K. Consieurtinas (Old) 2.306..

(New) 20.

Vibro Filings 18140,

Maresmen investimenta 9/n. Harpan (3.K.) 20, Banghel am 1.NET,

Yanuleze 3.

CHINESE SHIPPING OFFICE Tein 2373820153

Ewa L.

THE SWEDISH EAST ASIA CO., LTD.

M.V. "BENARES"

LOADING 14th SEPTEMBER

FOR

ADEN, PORT SAID, GENOA, MARSEILLES,

CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

TWO DEEPTANKS OIL CAPACITY

430 TONS EACH

GILMAN & CO., LTD.

Tel. 3114.

ISBRANDTSEN

Isbrandtsen Company Tric.

26 Broadway.

New York 4, N.Y.

FAR EAST *. BTRAITS • INDIA. PERSIAN GULF • MEDITERRANEAN

U.E, A CONTINENT =. W. INDIES "* 8. AMERICA.

STEAMSHIP DIVISION

* "FLYINGʻINDEPENDENT" From Manlia

In Port

PATTISON

Sails for

Pusan,: Japari Ports, San Francisco, New

:. York, vk-

Panamo

Sept. 14th

& CO.

GENERAL AGENTS: CHINA, FORMOSA, KOREA, JAPAN &

+ HONGKONG

12-14, QUEEN'S ROAD CENTRAL, 44th floor, TEL: 25340 Chinese Agents-LAM KER SHIPPING CO.

* 20 Connaught Köad, C.- Tel:24839

COTTINS

RUBBERS, Kte., COMPANIES Alma Estates 18. Anglo Dutch on. Anglo-Jarm 17.

Batu Anna Aön. Bute tantallona 25. Chemere Unlied 40m. Cheng Rabbers in. Consolidated Rubbers in. Dominion Rubbers In. Langkat in. Repah Bobbere Min. Rubber Trusle 3n. Samacaza Robbers Min, Rememb Ruliere 250. Khanghai Kedaha in. Shanghai-Malaya 12. Bhangbai Sumatras .Jun. Singel Darle 19. Tanah Meraha „Čin, Tebung Kulibers .D. Zlange Stubbers in.

SHIP STRIKE SPREADING

79

the

BMIS rising all launch in maintained on Was sides, it

well vessel began to crack. seemed fairly

The Coast Guard cutler, Gre- agreed that business has at least

sham, which had been standing 50-50 chance of keeping

by since she scraped on to the healthy glow through the final quarter of the year tut-submerged rock on Friday morn- less a barrage of crippling strikes ing, has left the scene.

"Her back is broken and the results from the current struggle

most

between labour and management chances are slan that they will over fourth round wage demands be able to salvage any of her and a variety of social security cargo," a Coast Guard observer

Baid.--Reuter,

benefis,

Labour Troubles

The labour pot was ready to

boil over, fired by auch hot pota- GREECE DEPENDS

toes as the steel dispute, the re- peated outbreaks of violence In the Bell Aircraft strike at Buf- falo, and complete immobilisation Missouri-Pacific of the Streat Great Railway system which carries 12,- 000 passengers a day and 60,000,- 000 tons of freight annually.

The stock market porked up a little from time

to time and closed out the business week anet addition to the quoted with value of stocks listed on the big

ON U.S. AID

The British Ministry of Sup- ply offered Stralis tin to pri

consign. vate U.S.

1.8. buyers on ment for September and Octo ber shipment, with daferred

pricing arrangement. However, New York Importers `paid the offer had met liftla response from U.8. tradere.

Major-non-ferrous metals prices: Copper, foreign, 17.025 cents, New York.

Lead,

snip "BENAVON" "BENLEDI"

BENVENUE? "BENLAWERS"

"BENNEVIS". "BENWYVIS” "BENARTY"

"BENRINNES"

London, Antwerp, Rotterdam, 11am- burg & Hull

Livorþuol, Glasgow, Dublin, Havre, Antwerp, Rotter flam & Hamburg. Genoa, London, Hull & Leith

LOADING 15th Oct. Late Oct.

7th Nov. 2nd half Nov.

29th Sepf.” Mid. Nov.

2nd half Dec.

. End Nov./Early Dec.

foreign, 14.025 cents, Gulf | ^vla Malaya, Colombo, Aden, Pori Sudan & other way forti

of Mexico poris.

Zine, foreign, 9.5 cents, Gulf of Mexico ports.

Aluminum pigs, 10 cents, ship- ping point.

Antimony, 41.78 cents a pound cased,

New York

Platinum, US$60 - an ounce wholesale, New York.

ounce,

New York, September 11. George Mavros, Greek Minister

Silver, 73.25 cents an of National Economy, said on his New York; 44.5 pence. London. arrival here by air from Athens

Quicksilver, US$72 to US$75 a today that no economy in Europe | Sask of 78 pounds, New York, is as dependent on 'American aid as the Greek.

Tungsten ore, Chinese, US$19 to US$21 a short ton unit. (20 "Four-fifths of Greek imports pounds), New York-Associated board of about US$300,000,000.

are being paid for with American Press. This was not much, as things aid," he said. Bo In the market but it kept

"We are very 'Optimistic of] alive hopes of enthusiasts that. the

advance

in effect Greek economy because military uneven since the middle of June will operations are substantially at an oventually blossom into a full- end and a major amount

American aid can now be applied fledged stock market boom.

Business loans took a modest turn for the better-Associated Press,

ok

URANIUM FIND

Perth, September 12.

A prospector claims he has for the recovery of the country. found large deposits of uranium "We hope to sell Greek products ore in Western Australia, W, D. to countries outside the Marshall Miller salt bis and is 80 mllca Plan auch of Australia, Egypt, West of

hoftest Marble Bark Africa and Japán."

1,240 miles in Australia, He added that according to North East of Perth. present estimates American aid

The site is rough, country dollars plunged down to to Greece would be needed for a near large known depdaila of the HK$5.50 strortly after the mar-short time beyound 1952.

mineral Tantalite, Millar sald a

Money Market

US

Lown

ket opened yesterday, but im- Mr. Mavros is to attend the local assay showed about M40 per proved to $5,50 In the afternoon. Board of Governors' mbeting of cent uranium At the close the rate was $5.56%

TT was put through from HKS-

5.50 and $5.50.

Sterling opened at HK$15.30 and closed at $15.30.

Australian pounds Improved to HK$12.25 after opening af HK$12.20.

were unchanged at Ticals were easier at HK$26.50)

Rome, September 11. Thousands of passengers Pinstres were held up in Italian ports HK$12.60 a 100. today as the seamen's strike spread, involving an estimated total of 4,000 men in Genoa, Naples, Trieste and Venice,

Negotiations between ..., ship-

100.

content, which

the International Bank for Re- would make it the richest known construction and Development in deposit in Australia.-Associated Washington--Reuter..

Press.

MESSAGERIES MARITIMES

NEI Chuilders dropped to HKS. n.v. “LA MARSEILLAISE”

26.75

-$20.50.

☐ 100 after opening at

owners and union leaders have FINANCE COMPANY broken down despite Government attempts at mediation, Genoa re-

DIVIDEND

poris suid tonight.

The Board of Directors of} Signor Cluseppe Saragat, Min-Yangtze Finance Co., Ltd., have later for Merchant: Shipping, der decided to recommend to the clared today that the strike had

General forthcoming Annual

been called for political reasons Meeting the payment of a divi-

He had previously máde an

Sailing 13th September

For

MARSEILLES

Vía

unsuccessful attempt in Genoa to dend of 6% free of tax for the Manila, Saigon, 'Singapore, Colombo, Djibouti

secure, a settlement of the stop-year ended March 31.

page in which seamen are press-

ing for wage demantir over which

the struck "two months ago Notice To Consigness

Reuter.

“M/V ""AGAPENOR”

FRENCH WARNING Damaged cargo: ex this vessel

will be surveyed at · Holt's j -Pária; -Gépbetuber: 12.: „Alhur? » Bótween 10"va.z. ånd The ' Frelich Godemmat har moon” on "September: 15 and warned, how tile mamifacturers and 118, 12949, zabo, čonsignees are merchants that 12 prices on their products do not show a notice- able drop by September 15, žile products,

ed to have their repre ivan infésent during the

WIRE

1940

Port Said

Faisengörs áre1 diëstëd To'board the Blodmer between

Triesddy,

Baggage-room and hold baggage will be registered in KOWLOON GODOWN No. 50. (No.: 2 Gaťo Canton Road Entrance) on Tuesday kiveting between 9 A.M. & 11 AM

Accepts cargo for Japan.

Omita Hamburg, calls at Genoa.

Omits Hamburg, calls at Leith.

For Further Particulars, Apply To-

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

York Building.

Agents

Telephone: 26165.

THE EAST ASIATIC CO., LTD.

S.S. "NIKOBAR"

LOADING ABOUT 23rd SEPTEMBER for

SAN FRANCISCO, LOS ANGELES, FORTLAND SEATTLE & VANCOUVER

M.S. "MORELIA"

LOADING ABOUT 5th OCTOBER *for

ADEN,-PORT SAID, ANTWERP, ROTTERDAM, HAMBURO OSLO, GOTHENBURG' & 'COPENHAGEN Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd floor.

Tel. 34111 &: 34112

KLAVENESS LINE

M.S.

SAILINGS

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

SUNNYVILLÉ” ** Looding

#29th Sept ARRIVALS FROM PACIFIC COAST Z M.Š. “FRANCISVILLE”

21st M.S. "CASTLEVILLE”.

"Salling" to "Singapore,

Penang, Balawan M.S. FRANCISVILLE”

21st

-Swettenham, Batavia