1949-10-12 — Page 12

Pago 12

ROYAL

INTEROCEAN

LINES

JAVA PORTS and MACASSAR

"ТЛБАДАК

"TJITJALENKA”

SAILINGS.

15th Oct. 30th Oct

MANILA-

SAILINGS

ARRIVALS

13th Oct. 25th Oct.

ARRIVALS

23rd Oct.

“BOISSEVAIN"

8th Nov.

"STRAAT SOENDA"

30th Nov.

"TEGELBERG”

28th Dec.

"TJĮKAMPEK”*

25th Jan.

18th Nov. 8th Dec,

* No passenger accommodation available.

SINGAPORE, PENANG and BELAWAN DELI

"VAN HEUTSZ"

*VAN RIEMSDIJK”.

"EAST' 'G SOUTH AFRICA & SOUTH

"BOISSEVAIN"

"STRAAT SOENDA"

"TEGELBERG”

"TJIKAMPEK”*

THE CHINA MAIL, WEDNESDAY, OCTOBER 13, 1945.

FINANCE AND COMMERCE

NEW PATTERN OF TRADE ANNOUNCED IN LONDON

Hong Kong Stock Exchange

SAILINGS

ARRIVALS

19th Oct.

2nd Nov.

13th Oct. 27th Oct.

SAILINGS

AMERICA ARRIVALS

4 Laun "100%yn.

8th Nov.

30th Nov.

28th Dec.

23rd Oct. 18th Nov.

25th Jan.

Sth Dec.

Calling at Mombasa & L. Marques direct.

Traushipment cargo accepted on through B's/L to

-

Dar-Es-Salaam and Zanzibar,

* No passenger accommodation available.

JAPAN

SAILINGS

ARRIVALS

“BOISSEVAIN”

12th Oct.

"STRAAT SØENDA'

.24th Oct.

3rd Nov.

**TEGELBERG”

.. 20th Nov.

2nd Dec.

"TJIKAMPEK**

10th Dec.

21st Dec.

*No passenger accommodation available.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MARIEKERK***

MOLENKERK"

SAILINGS

ARRIVALS

12th Oct...

14th Nov.

19th Oct.

* not calling Manila after Hongkong.

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

"MOLENKERK”

JAPAN

SAILINGS

23rd Oct.

ARRIVALS

13th Nov,

KING'S BUILDING: TELS: 28015 to 28017 Chinese Agents: 82. Connaught RB. C. Tels: 31196-25133

DE LA RAMA LINES

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

4.5. "DONA AURORA"

EL.V. "DONA NATI”

.18th Oct. .Early Nov.

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

4.S. "DONA AURORA" ..(Calls Japan)

m.v. "DONA NATI".....(Calls Japan)

.Early Nov. .Late Nov.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated. In the Philippines)

MARINA HOUSE Tola 23676 22675

CHINESE SHIPPING OFFICE Tels. 23788-20153

ISBRANDTSEN

Isbrandtsen Company Inc.

26 Broadway...

New York 4, N.Y.

FAB LAST STRAITS INDIA PERSIAN GULF

MEDITEREANZAN

UK & CONTINENT • W. INDIES & AMERICA

STEAMSHIP DIVISION

FROM

6.8. "FLYING CLIPPER" :...In Port

SAILS FOR

Manila, Saigon, Kchsichang, Singapore, Karachi, Alexandria, Tangier, Casablanca & New York Oct. 13

A. P. PATTISON & Co.

HONGKONG

GENERAL AGENTS: CHINA, FORMOSA, KOREA, JAPAN &

„12-14, QUEEN'S ROAD-CENTRAL,--4th floor. ---TEL: 25346.

Chinese Agents:-LAM KEE SHIPPING CO. -

20 Connaught Road, C. Tel. 24639.

“WEEKLY CHINA MAIL”

CONTAINING ALL THE LOCAL NEWS OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD“

Price 50 Cents

ON SALE EVERY THURSDAY.

RA GOVT, LOANS

(1937 & twoj 1006, St Lown (1948) LOUD,

BANKS

London, October 10.

A new pattern of world trade affecting 33 nations

was announced today.

These nations, with a trade estimated at more

∙lists.

She

than 80 per cent of the world's total, thrashed out the new pottern in four and a half months of tariff-breaking talks at. Annecy, South Eastern France, between April 8 and August

27.

new

+

New York Stock Exchange

New York, October 10. A last-minute recovery in the stock market today wiped out most of the losses registered in 2 sinking spell lasting most of the session. Some lenders gained more than a point, but the list as whole showed little change. Transfers were 1,120,000 shares.

The results, published simul, world trade, since many people Again a poor day for purely taneously today in the capitals of fear that if they greatly increase local stocks, though H.K. Banks all the countries concerned, name their exports, some foreign coun- and Unions were the subjects of about 5,000 items in tariff trics will raise tariffs to protect

Among the gainers were Am- some enquiries.

their own industries.

erican Woollen, Northern Pacific, American- concessionsteamtramadvantage of the Lion Ou, Lockheed, United Air- vitally important in a

dollar.

GATT is that all contracting lines, Eastern Airlines and Na- world include both re- hungry

countries grant most-favoured-tional Biscuit. ductions of some present barriers nation treatment to each other. and

Thus, guaranices against the rais-

any tariff concession ing of others. They involve about granted by one country to an $250,000,000 worth of imports. other is automatically extended

Trade oficials in Washington to all other members. said last night

that

President Truman

and the American State Department were preparing for new world tariff-cutting negotia- tions next year. They were studying likely commodities which Britain would seek tariff concessions.

H.K. & S. Bank 14656, 1000ra

Lon. Res.

Chartered Bank 10

Mercantile Bank A. & B. 4. Bank of East Asia 1050, INSURANCES

Canton Ina 319m.

Unim Ina. $635, 650/55mm Chine Underwriten za H.K. Fire Inx, 2000.

SHIPPING

Dezlawm 21.

K. M. Steamboats lia. Indo China Pref.) $9↳ A.

De!) on.

Shrils (Beater) Sau, Union Waters An,

Axis Nas

70

DOCKS, WHARVES, GODOWNS, Eu. H.K.. Whores 100%, 160>a. North Point Wharves 51.

Shanghai Hongkrw Wharven 140. R.K. Docks 10%.

Chine Providenia 11. Shanghai Derkyards 6 Wheelocks 20.

MINING

Raub Mine 8.1%. H.K. Mines ..

LANDS, BOTELS & BLOGS,

H. & S. Hotels .. 18.20. Im HK Land 52.

Shanghai Landa 1b.

Humphreys 20

KK. Restion 1.500.

Chinese Esalen Ing.

PUBLIC UTILITIES

HK. Tramway 15.30, 1.0. Feak Tram (Old) in

(New) 10.

Star Ferries $.11.

C. Lights (Old) torn, faro.

(New) T., St. H.K. Electric Macko Electrics #1):n. Sandakan Light “Sin

Telephone 1972.

Shanghai Ge* 25

INDUSTRIALS

Cald. Mac. (Ore...

Canton J.

Cements 19.160.

H.K. Ropes 12.45b.

STORES, Etc. Dairy Farms A. Brixona dira.

2. Crawford 15. Sinceres X.D. 4.4. China Exporter 3. Sun Co.. Lid 2.30h. Kwong Sanz Hone 102a Wing On H.K) 122 Wm. Powell Ltd. 97.

MISCELLANEOUS China Entertainments 14. H.K. Coustractions 0 200

(New) 21. Yior Piling 15. Harman lesestment 9/en.“ Marshman (HK) 2 Shanghai Lown 1.50. Yangtze 2.70m.

Ewe An.

COTTONS

RUBBER, EL, COMPANIES Aima Estates 14. Angiv-Dutch 500, Anglo-Jars in. Batu Anam 40n.

But Plantations 20. Chemore United .40. Cheng Rabbers 20m. Consolidated Rubber it. Dominion Rubbers in.

Lanata I.

Repah ubbers 200. Rubber Trute 30-

Sumagas Kublers Js. Semambu Kubben Jan. Shanghai Krabs in. Shanghai-May 12, Sharbai Sumatra 10. Sunzel Daris 18. Tanah Merah .con. Tebang Rubbers 400. Ziacgbe Rubbers In.

Money Market

US dollars dropped after the holidays.

The opening quotation yesterday was HK$6.01. After go ing down a cent the rate improved to $6.03, but at the close it dropp

cd to $6.02.

Effects May Increase The existing. ĠATT countries the concessions made, are hopeful that the effects of all both at Annecy and at Geneva two years age, will increase as time goes on. Members undertake not to im- pose restrictive

their quotas The Annecy conference was held by the 23 countries belonging to imports from each other. except the General Agreement on Trade

forced to when

by balance-of- and Tariffs (GATT), who

payments difficulties. first

Until now, balance-of-payments agreed to extensive tariff conces reasons have forced all the con- sions two years ago in Geneva.

tracting These countries were Australia,

countries, except the United States, to Belgium, Brazil, Burma, Canada.

impose some restrictions. Ceylon. Chile.

Cuba.

When restrictive Czechoslovakia, France, India, the full beneft of the tarif conces

quotas are entirely abolished, the ** Lebanon, Luxembourg. the

Netherlands, New Zealand, Nor- sions will, it is hoped, prove

Pakistan. South

Africà. Southern Rhodesia, Syria, Britain and the United States.

way,

These countries, with their de- pendent Territories, accounted in 1948 for nearly three-quarters of the world's trade in merchandise. Their imports amounted to about $34,000,000,000 out of a world total of $51,000,000,000.

con-

Seek Admittance During the Annecy ference 10 more nations, repre- senting an additional seven per cent of the world's exports and even more of the world's im. ports sought accession to the GATT.

These

nations Denmark, the Dominican Re

were

public, Finland, Greece, Haiti,

Italy, Liberia, Nicaragua, Swe

new

den and Uruguay. At Annecy, it was only the 10

members

who

negotiated tariff concessions between them- selves and with existing members. Even so, this meant 147 separate negotiations to reduce or bind tarif rates.

Approval of concessions by na- tional legislatures will be neces-] cary in most countries and altera- tions in existing rates of duty will not be made before January 1, 1950.

The 10 acceding countries will have until April 30, 1950, to sign the protocol of accession. It is implied that they will enforce the agreement provisionally within 30 days of signature and will put into force the tariff concessions nego- tiated at Annecy.

Britain, as bead of the Sterling

has undertaken not to in- crease duties on goods of which imports from all the other 32 countries were valued at £73.. 900,000 in 1938,

In it

on

turn, she is expected to behe-: fit from concessions exports valued in 1938 at £22,000,000.

About 5,000 items are listed in the new tariff lists.

Од some of them countries have reduced tariffs and on others they have bound themselves no: to make increases above existing levels.

Both should help to 'stimulate

Notice To Consignees

́S.S. TAIPING"

Arrived 9/10/49.

to

Stumblers included Sinclair Oil Graham Paige, Douglas Aircraft, Dow Chemical and Texas Com- pany.

Dow Jones averages: Stocks 66.30; 20 Industrials 185.15; 15 Rails 48.75; 10 Utilities 37.93.

Closing Quotations: Adams Express 20 Alaska Juneau 3% American Smelting 4634 American Telephone 1434 American Tobacco 137 American Waterworks 7% Anaconda Copper 274 Aviation Corp. 6

Baldwin Locomotive 9% Barnsdall 51

Bendix Ariation 32

Bethlehem Steel 29

J. I. Case 2815

of

Boeing Aircraft 21

Borden Co.

46

Canadian Pacific 13%

Chrysler 53%

Colgate

Du Port

General Electric 37%

General Motors 64%

Goodrich Gi

enormous beneft to world trade.

Some of Britain's Imperial Preferences

Commonwealth countries have been affected- by the Annecy conference

But all Imperial Preference re- aly cover British im- ductions ports from Commonwealth coun- enjoring the Preferences to i

an amount valued at £4,800,000 in 1938.

Reduction ef Imperial Pre- ference margins on goods im-

by the ported

Commonwealth from Britain, only affected goods valued at £50,000 in 1938.

tries

The American State Department has announced in Washington besides-granting-concessions in- that

of imports in 1948 figures, the volving about $250,000,000 worth United States had received con- cessions from the 10 acceding na- tions with whom the American) negotiations were carried Aanecy-Reuter.

on at

Notice To Consignces Consignees Per

5.3. “BENAVON"

are hereby notified that their cargo is being discharged into the Hong Kong & Kowloon Wharf & Godown Co.'s go- down, where it will be at Con- signees' risk and subject to the Wharf's terms and conditions of storage, and where delivery may be obtained.

`AMERICAN.

PRESIDENT LINES

The Global Float

TO HONOLULU & SAN FRANCISCO

"President Cleveland" "President Wilson" "General Gordon"

via JAPAN

Arr. Oct. 15 Arr. Nov. 2 ...Arr. Nov. 4.

Sails Oct. 16

Sails Nov.-3 Salls Nov.

5

TO SAN FRANCISCO & LOS ANGELES

"President Madison" "President Pierce"

via JAPAN

Art. Oct. 26 Arr. Nov. 8

Sails Oct. 27- Sails Nov. 9

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

"Marine Snapper" "President Johnson"

Arr, Oct. 30 Salis Oct. 31

Arr., Nov. 29. Sails Nov. 30 ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ, PORT SAID, · ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON

..Arr. Oct. 19. .Arr. Oct. 30

"President Polk" "Mount Davis"

TO JAVA & STRAITS

"President Johnson

Opposite Star Ferry

Sails Oct. 20 1 Sails Nov.

Am. Oct. 21 Sails Oct. 22

Tel. 28172/5.

BEN LINE

SHIP

"BENAVON"

40%

Commercial Solvents 179%

Pont 54

Eastman Kodak 43

BENNEVIS"

*“BENWYVIS”

“BENVENUE" "BENLEDI" "BENLAWERS”

Goodyear 39

Homestake Mining 45

International Harvester 25% International Paper 63 International Tel & Tei 94 Johns Manville 42 Rennecott Copper 474 Montgomery Ward 51%. National Distillers 21% National Lead 32% New York Central 10% Packard Motors 374 Pan American Airways ↑ Pennsylvania RF 14 - Radio Corp. 12%

Remington Rand 10% Republic Steel 20%

Tobares 29 23%

Sears Roebuck 42% Shell Oil 38%

Socony Vacuum 164 Southern Pacific 44 Standard Brands 21% Standard Oil of Calif. 68% Standard Oil of N. J. 71 Studebaker 24 Union Bag 2614 Union Carbide 40% US Rubber 32 US Steel 24 US Lines 15%

Westinghouse 28

Youngstown Sheet & Tube 67 Gen Pub. Utilities 15%

Damaged packages are to be left in the Godowns for ex- amization, by Consignees and

Bonds generally were unchang- the Company's

curb gainers surveyors, ed. Among Messrs. Carmichael & Clarke Maracaido-Associated Press. at 10 am on October 14, 1949.

To comply with the Ceneral Bonded Warehouse Regulations Re- Consignees must have a

Officer in attendance venue when damaged dutiable goods are examined.

was

"BENRINNES"

*"BENARTY" "BENVORLICH”

SHIP

"BENAVON"

BENVENUE”' BENLEDI" "BENLAWERS'

§"BENNEVIS"

"BENWYVIS"

"BENARTY"

"BENRINNES”.

ค

ARRIVALS

FROM

.UK. via Singapore

Japan

DUE

In Port

13th Oct.

U.K. via Singapore

17th Oct.

27th Oct.

31st Oct.

19th Nov.

21st Nov.

28th Nov.

10th Dec.

SAILINGS

TO

London, Antwerp, Rotterdam, Ham- burg & Hull

-LOADING 13th Oct. 30th Oct.

5th Nov.

23rd Nov.

Liverpool, Glasgow, 14th Oct. Dublin, Havre, 7th Nov. Antwerp, Rotter dam & Hamburg,

20th Dec.

Genoa, London, Hall & Leith

25th Nov.

via Malaya, Colombo, Aden, Port Sudan & other way ports

• Accepts cargo for Japan

Omits Hamburg, calls at Genoa

Omits Hamburg, calls at Leith.

Calls at Genoa.

For Further Particulars, Apply To-

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

York Building.

Telephone: 34165,

Notice To Consignees THE EAST ASIATIC CO., LTD.

CONSIGNEES PER BARBER-WILHELMSEN

LINE

M.S. “TARIFA” :

No claims will be admitted, cargo is being discharged into are hereby notified that their after the goods have left the the Hong Kong & Kowloon steamer's godowns and all Wharf & Godown Co's godown- goods remaining undelivered where it will be at consignees after October 15, 1942, will be risk and subject to the Wharf's subject to rent.

terms and conditions of storage, and where delivery may be obtained.

Damaged cargo ex this vessel will be surveyed by Messrs.

All claims against the steam- Goddard & Douglas at Hong- er must be presented to the kong and Kowloon Wharf & undersigned on or before Octo- Godown from 10 am. on the ber 31, 1849, or they will not TT was put through at HK$6.03 13th and 14th October, 1949 recognised. Sterling was unchanged at HKS- and consignees representatives 15.60, as also

Australian are requested to be present effected. were

during survey.

and $8.02.

pounds at HK$11.60.

Ticals remained nominal at HK- $11.70 a 100.

Ticals at HK$27 a 100 were un- changed from last week.

NEI Guilders opened at HK$25.- 80 a 100 and closed at $25.

BUTTERFIELD & SWIRE, Agents

Australian Oriental Line Ltd, China Navigation Co., Ltd.

Damaged packages are to be left in the godowns for ex- amination by Consignees and the Company's surveyors, No Fire Insurance will be Messrs. Goddard & Douglas at

W. R. LOXLEY & CO.

(CHINA), LTD.,

Agents,

10 am on the 24th October, 1949.

To comply with the General Bonded Warehouse... Regula-

Hong Kong, October 3, 1949. tions, consignees must have a

Pacific Far East Line, Juc.

Fast Regular Trans-Pacific Service

DIRECT

SAN FRANCISCO, LOS ANGEMES

Vorval

Fram

*FLYING DRAGON". ↑ "CHINA, BEAR” "GREAT. REPUBLIC“ . ↑ "PACIFIC BEAR"

“CALIFORNIA' BLAH,

QYERLAND: _NEW_YORE-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN & CANADIAN CITRA,

Arriva

San Francisca

San Francisco

Bap Prancisca

Zen Franciaco

Is Port In Port Del 25 Oc

Oct.

Oct

San Francisco & Los Angeles,

San Franden via Takas & Tobe, Basi Frasdace & Los Angeles, Sea Prascico & Lam Augein

Tin' Libe & Yokohama,

San Francisco

↑ Fully Batrignanted Accipis Dz5 Camps East Sound,

· San Francisco & Las Angrier

via Tobe & Telekama,”

For full particulars call General Agenta,UNTED STATES LINES CO., Queen's Hig Tal. X1251.

Revenue Officer in attendance when damaged dutiable goods are examined.

No claims will be admitted after the goods have left the steamer's gedowns, and all goods remaining undelivered after the 15th October, 1949 will be subject to rent.

the

All claims against steamer must be presented to the Undersigned on or before the 22nd October, 1949 or they will not be recognised.

M.S.RODIA”

LOADING ABOUT 12th NOVEMBER

for

ADAN, FORT SAID, ALEXANDRIA, ANTWERP, ROTTERDAM, HAMBURG, "USLO; 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

SAILINGS

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

29th Oct.

ARRIVALS FROM PACIFIC COAST

7

M.S. "CASTLEVILLE” M.S. "BOUGAINVILLE”

21st Oct.

21st Nov.

Sailing to Singapore, Port Sweltenham, Penang, Belawan & Batavia

No Fire Insurance will be M-5. "CASTLEVILLE”

effected

DODWELL & CO., LTD.

Agents.

Hong Kong, October 9, 1949,

Passenger Accommodation

Chinese Freight Agente, HOO FOOK PING

King's Bulding. Tel 27182

22nd Oct.

Bulk Oil Tanks Apply

THE BANK LINE (CHINA) LTD.

THE BANK LINE. (Cana) lad.