1949-11-29 — Page 12

THE CHINA, MAIL," TUESDAY, NOVEMBER

ROYAL

INTEROCEAN

HINES

JANA PORTS and FLACASSA

JAVA PORTS and MACAS

**TIVEJALENGKA”

"TJIBADAK"

"TEGELBERG”

**TJIKAMPEK"

SAILINGS

3rd Dec- 26th Dec.

MANILA

SAILINGS

28th Dec.

25th Jan.

ARRIVALS

30th Nou. 13th Dec.

ARRIVALS

12th Dec

SINGAPORE, PENANG and BELAWAN DELI

"TJITJALENGKA"

"VAN HEUTSZ“

BAILINGS ARRIVALS

3rd Dec. 15th Dec.

30th Nov. 10th Dec.

• Calling Singapore only.

EAST & SOUTH AFRICA & SOUTH America'

"STRAAT SOENDA" "TEGELBERG"

TJIKAMPEK”

FINANCE AND

COMMERCE

BUSINESS, INDUSTRY IN U.S. SET FAST PACE

AFL Report On Year's Activities

benefits

twin

Now York, November 27.

Hong Kong Stock Exchange

a quiet aby but rates are milit holding woll LOANS

Bonn (1934 `A, 1970) 2008. 4%%% Løsn uzsila) join.

DANKR IK. A A. Thông tin

(Lon. Rep.) 288. Chartered tank 117) Merenotilo tank,‚‚§‚Ì‚ $22445, Wank of Khan,dein 20th..

* INGVILANCER Canton, Ine,agan. Union İns, ogần. China Underkrstare vjen. 1.8. Fire Ink, BIB

SHIPPING Dengleren, Zhon March

Business and industrial activity set a sizzling pace in the U.S. this week as additional firms ironed out the last remaining kinks caused by the recent steel and coat strikok. · Several important business barometers hit their highest points since late last winter or early spring. Others moved within close distance of levels prevailing before the first crippling. major strikes hit industry on September 19 Washington, November 27. The American Federation pt

Barring renewal of the coal favourable operating conditions, "Lebour anld today that orguningd

trucebicluding shortage of steel parts, labour's drive for higher wares strike when the present

for madal ends on Wednesday, many econo-shutdowns

chango- and other contract kopt the recent business recession is expect a good run of buat-overs and inventory, taking.

Crude oil output hit the highest from becoming a seclous depresses through the first quarter of ion. The Unian made the claim in eat your, perhaps even through average daily rate since

he rst half.

at 8,151,700 barrels. publication of inbour's month-

Lower stare Inventories provide The year end lde of extre and ly survey.

a unusually favourable pleture special dividende attained the Excessive proportions of a mild flood this. The article said that economy in the consumer geld.

nventories hold by manufacturers, week but failed to stem a down- bas regained its balance but there

consumers werd ward trend in the stock market. was a time when the margin, be- processors and tworn depression and prosperity credited with bringing about the More than one-half billion dolidrs was very thin. It said. "Some dump in business that hit with was clipped off quoted valdes of

workern

stocks listed

New 800,000

York on the temporarily last faree late last spring.

enden Stock Exchange in a

aerica

af jobs in resulting lay-offs. The re- cession, though mile lo general, youring to get every mill back unimpressive declines sepieved on was so sharp in spots that L into production at the earliest relatively slight selling pressure. might costly have caused a very possible moment, 9pocated at.

Bonds had pr un- but government serious business collapse had 782 per cent of capacity last eventful not been

For counter-acting j

week and turned out 1,44,000 issues

prominent tons of stezi,

1

BAILINGS

ARRIVALS

7th Dec.

28th Doc

25th Jun

12th Dec.

Calling » Mombasa & L. Marques direct. Transhipment cargo accepted, on through B'a/L de Dar-es-Salaam and Zanzibar.

"THKAMPIK“

"TEGELBERG"

JAPAN

SAILINGS

ARRIVALS

...... 14th Dec. ,15th Dec.

26th Dec.

Agent: HOLLAND—EAST ASIA LINE

EUROPE vio MANILA ord MALAYA'

"MEERKERK"

"RIDDERKERK"

SAD.INGS

Bih Dec.

9th Jan.

ARRIVALS

14th free.

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

"MEERKERK"

"BIDDERKERK"

JAPAN

SAILINGS

ARRIVALS

20th Dec.

8th Dec.

8th Jan.

KING'S BUILDING:

TELS. 28015 10 28017

CHINA Acants. 82. Connaugh Ro. C. TEL 31196-25133

DE LA RAMA

LINES

ARRIVING FROM US. ATLANTIC, COAST.

My VŢA, LOS ANGELES & SAN FRANCISCO m.v. ""TONGHAP

m.v. "DONA ANICETĂ”

*.

**

I ask the chief among these

federal Was the

prico wupport programme, which kept 1nce from Tobogganing too sharply. writers' buying power thegh contræet improvements.

maintenance

of

The atcel

Industry,

Highest Rato

This was the highest operating

ย

cute and most tons since the u dustry was knocked out by inbour conflicts early in Novembor.

Freight

coolondings moved sharply with the returu It san, "The large and steady normal how of soft coal.

buying

Every one of the major forced

rush business factories to increase production systems diri a

volume of thele

انا گرانی

coal

14

rapidly after drastic cuts and, lay-contrast to the slack times prp- aff of the first seven months, By vailing along their lines for more late November, over half of those than two months.

Jaid off were back at work."

Outstanding Record

Car output fell, sharply and is due for a further stumble next week due to a combination of un-

Money Market

Coffe

249

29

bankers and cuoiamats

ILK. & M. Steamboats in. Indo-Chinna Piet: 1938.

(Dot.) 10.

Bell (r),,60/1915 m. Union Waterbunta. 24k Adla Nav. (7bb,.

TO HONOLULU & SAN FRANCISCO

YİD JAPAN

In Port Arr: Dec. 17 Arr: Dbez 23

Enila Nov. 30

Sall Doc. 18

Sails Des. 24

"President Cleveland"

*President. Wilson" "General Gorden"

TO SAN FRANCISCO & LOS ANGELES

"President Taft" "President Madison"

via JAPAN

Arr. Dec. 21 Salls Dec. 23 6. Arr. Dec.. 30 Sails Dec. 31

to NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

#President Johnson" "President Fillmoro"

τη

Arr. Nov. 20 Hällä Nov. 30

Art. Dec. 27 Bulls Doc. 28 ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ. PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK, and BÚSTON "President Monroc"

Arr. Nov. 30 "President Buchanan"" ....... Arr. Dec. 15

TO JAVA & STRAITS

DOCKS. WILARVES, GODOWNS. EL. HR, R K Wharve (1165.

"President Tyltr"

Opposite Star Ferry

North Point Wharves Ch.

Shanghai Hongker Wharven 11n.

ILK. Docks 190, 19.406, 20,20sa, China Provinių 126, 1ām, Shangbai Backyarde lun. Wheelocks X.D. arb.

MINING

Ruub nr 3.1ch. I.K. Mines PAYEN,

11, sold,

Congressional committee the tinie bad come for the Treasury to, let

. prices of its long term bonda site. a Utile lower to increase the in- terest returns to purchasers. Yields at present prices range from 2 to 2-1.2 per cent.-Associated Press.

Burma Oil Industry

4

Rangoon,, November 27.

six-man Governmental committee will shortly exten- sively tour the hinterland tó Poung to what it called its

Investigate oil imiting condi- dons with a view to rehabilitat- outstanding record this year, the AFL said it conducted negotia- ?

ing speedily Burma's oll indus- 2,000,000 tonk covering some

US dollars changed to a down-try, it was officially announced workers from May to September. war trend yesterday and dropped | today,

from HK$8.31 in the morning to The committee will also work The article sold the Union wons 0.264 at the alone, wage increase or olher benefits, such as pensions, in 1 per cent of these negotiations. It said in only nine per cent of the cases were old wage scales continued or wage reopening postponed.

IT opened at HK$437 closed at $6.32.

Sterling opened at HK$15 closed at $15.06.

and

and

WOLO

sta-

Australian ngunda tionary at 1K$12.16.

Plastres were nominal.at HK$

Ticals were unchanged at HK- $27 a 100,

NEI Guilders were stationary at INK$23.20 100.

Linion call its members-13.30—a—100,–– agree to wage cuiu 13 Πίνα 311- stances either because the em- pleyor was in serious difficulties as a result of price reductions, or beetuse there was an automatic cul resulting from

the cost

of living clause in the union con-

tract.

Im Port

. 18th Dec.

TOAST

SAILING FOR US. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

my "DONA ANICETA" ...(Calls Japan) ......Mid Jan.

THE DE LA RAma steamshÌP CO., INC.

(Incorporated a the Philippines)

MARINA HOUSE Telm 23676ZZOIS

CHINESE SHIPPING OFFION Tel. 24729-2015)

SWEDISH EAST ASIA CO.LTD

m.v. "TONGHAI”

LOADING 9th DECEMBER For

ADEN, PORT SAID, GENDA, MARSEILLES, TANĠIERS, CASABLANCA, ANTWERP, ROTTERDAM, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

GILMAN & CO., LTD.

131148.

CHAN BROTHERS

FOOD PROVIDERS. AND SHIPCHANDLERS. Prompt and accurate services, Quicle delivery,› Modesale prices, Satisfaction ' Griasantond,

AGENTS:

SÂN HỒI TUNG

Boarding Master, Supplier of Chinese Crows with Guacantecs

'BANK OF EAST ASIA BUILDING

Room No. 408%

Floors

Tel. 25676

qut a policy giving maximum, protection to all workers. It wi make on the spot Investigations at Central Burma ollfelds how operated by British opinies ond is expected to interrogate: several hundred people, including companies and organisations, during sittings arall major titles, including Rangood.

The Government appointed as the committee's chairman Kyaw Myint, formar Industries and Mines Minister. Members In-

INDO-ARGENTINE clude 3. 5. Furrivall, the Gov-

AGREEMENT

New Delhi, November 27, It said, "The wage gains of this

India has reached an agreement large group of workers have made

with Argentina undby which an important contribution to in-india will receive 300,000 tons of dustrial recovery, ndding hun wheat la exchange for Jute! dreds of millions of dollars to

goods. workers income at a time when All the Argentine whent maintenance of the buying power expected to arrive in was vital." United Bress...

next August-Reuter.

ja

India by

Lagging U.S. Demand Trims Metal Prices

New York, November 27.

ernment's. Adviser, and M. Ris- chid, 'ghairman of the Industriel Arbitration and Labour. Legisla- tion Commister,-Associated Press.

NOTICE TO CONSIGNEES

M.V. "HEREFORDSHIRE”

Damaged cargo ex this vessel: will be surveyed at Holt's Wharf between 10 am and noon on November 29 and 30, L1849, and consignees prq, re- quested to have, their represen- tatives present during the sur-

yey.

BUTTERFIELD & SWIRE, Agants

Hong Kong, Nov. 29, 1949.

Lagging demand for lead and tin trimmed prices of those metals a bit further last week, Copper held steady but solos volume gased NOTICE TO CONSIGNEES slightly.

Lead dropped a half cent to 12 cents a pound,

Back of the latest reduation ! were the namo factors that have plagued domestic sellers all fall Since devaluation of European currencies, much metal which The price of zinc

Conslinces Per ›

LANDA HOTELS & BL.Dus

A B. Hotel 22. 19.28.. 12.19/18/12.10, HK,Lands Plum. Abankal Latida 2.45m. Huniphreys 4pm. H.K. Rosition 1,9qb. Chine Estates 2400.

PUBLIC UTILITIES

ILK. Tramways 10, 170, 2014.10.

Peak Tenma [Ò}} 18m.

New in Star Ferrien 92ýn. C. Light:.

(0) X.D. 12,105, 12. 12.30 (New), X., 9.706, 101, 0.0088. ILE. Electrics 91b, 126, 31 Man, Head Electric,22%. Sandakan kl 8%. Telephones 10. Shanghal Gpa-1-án..

INDUSTRIALS

Cald. Macg. Ord.) 20.40. Canton Jeena Ya Cements 20%6.

H.K. Ropes 17.

STOAKS, R. Dairy Fassi 4735N, 4300. Wataona 17h. 484, 47mm. 1. "Cowwfordi XIV. Aineer

4.40m.

China marihm 8,GED.

Byn G, Ltd, path.

Kwang Bang Hong Uta. Wing On (LIG) VÉN, Wm. Powell, LA, 9751...

MISCELLANEOUS

China Entertainmente JBWb. I.K. Contructions (Old) 2.40m.

•* (New) 1.30.

Vibro Pings 16.

Mareman Investimante D/-h. Mateman (HK) .90%. Shanghai Loan 1.800. Yungleses b.

COTZONI

Ewo X...Q.par

RUBBER EL COMEANTER Alma Extat Jun Anglo-Dutch 201.. Anglo-Javas 18,

Dulu Affärre 1358. Bute Plantation (0. Chemor Valtod 491. Chear Rulibera don, Consolidated Rubbent fn. Dominion Rubbyra' F'ni

Známh Highlan, 187. Rubber Trusts En Samanagar Balberm „kön, Benamun ushers 416.

· Bhanghai: Kedaha ''2401, ` Banahai-Malaya 1215, Bhaucha! Pahang, in Shanghal Bunktene, H. Bunge Park £83⁄41⁄2??," Tanah McKim VİDİNG Tebang Rabber. Lin. Zabbers 3

NOTICE TO CONSIGNEES

Consignces Per

8.4, “BENRINNES”

pre horchy noted that their cargo is being discharged into

New York, on Monday--the some price which 8.8, "DENZAWERS” prevailed from May 26 until July 8 when are hereby notified that their the Hong Kong & Kowloon metals quotations slumped to the year's lows. the Hong Kong Kowloon down, where it will be at Con- cargo is, being discharged into Wharf de Godoyn, Cuža go- Lead subsequently climbed to 15-1/8 cents Wharf & Gotown Co's go signees risk and subject to the before starting downward again in late down where it will be at Whirr terms and conditions September.

Consignees risk and subject of storage, and where delivery, to the Whorf's terms and con- may be obtained, alent for both industrial and dilions of storage, and, where stookplie needs. Tim export delivery may be obtained.

"Damaged puckages, are to be restrictions were removed last

left in the Godowns for exa August.

Damaged packages, are to beination by Consignees and the otherwise would have been used 94 cents a pound, East Saint ration by Consignees and the Carmichael Clarke, hit

Bettted at left in the Godowns for exam Colaphy's Surveyors, Messrs. nbroad has been dumped here by Louis, when a major producex dollar-hungry foreign producers who had been holding at 10 crate Company's surveyors, Mesirs qui on Trecetaljer:

Offerings" "from" Lugpslavld and brought its selling level back to Carmichael & Clarke, at 10. Japan have been heavy, at quq- the custom smelter quotation. a.m. on December 2, 1940. tations below U.S. price levels. Demand for zinc perked up some-To comply with the General And at the saruq iling, load users what, particularly from galvani- hero, have been buying slow, ser,

TB Bonded Warehouse Regulations chery of being caught at the Major non-ferrous metals prices Consignees must have a Re year's end with big inventories included.

Venue Officer in attendance Copper, foreign, 10.50 conts a when damaged dutluble goods pound, New Yorkata de

as they were a year ago shortly before the slump set in.

To con

'Bonded

· damag

No cla

The Reconstruction Tipaner Land, 12 cats a gourd, New are examined. 3792454 Corporation on Monday of York L180 Gola Souls. No claims will be pomitted, after ind now price for spot tin at 65 cents foreign, nominat. 11.50 cents after the sends have left the teafnes Papound, New York, following Gulf of Mexico, ports, i sováral days of declining orlean

steamers godowns, and all goods:

Zinc, 0.75 conta a pound,, East

in London and Singapore. The St. Louis; 10.47 cents, New York; goods remaining undelivered attor previous price at to cunts here foreign, nominal 9.20, Gulf of atter December 1, 1940, will be subject to, had, bean, withdrawn into vi last Mexico ports,

be subject to rent. “ wecks Demand continued slow Aluminium, 17 conts in Ingols All claims against the slcam- ang tin for future delivery from at shipping point. ! Malaya was being quoted several Antimony, 32 conts In bulk at or must be presented to the vents below the spot price Laredo Texas. back or undersigned on or before De January in for Gexample, was Platinum 300 an ounce whole- cember 28, 1949, or they will offered at around 80 cents latosato NowYorkSKODA nut be recognised, k this week,

“Silver, 13:36 conta anbudce ma New York; 04. pensa Landert.)

··· Controls LIABA

TheCommerce

No Fire Insurance will be Tin, 85 conta a pound New effected.. Departmant Tungsten ore. $28.50 a short tow

ffimi alii unit of 20,2bky delivered; Chiibso||

nominal, #19,60" to 420,00° / New

Phat, pluisa' Quickalwaria to sva daske fron sexu Thuratkok 10, 100, New York-Associated

·1949.

Gendral

Arr. Dec. 10

Batts Dee. 1

Salts Doc. 18

Salls Dec. 17

Tel. 23172/5.

BEND LINE

AT#

ARRIVALS

"FROM

DUB

BHIP

"BENRINNEA" "BENLAWERS" "DENARTY" "BENCRUACHAN

U.K. via Bingapore,

In Port

In Port

"BENLOMOND"

“BENYORLICH"

"BENVRACKIE" "BENCLEUCH"

SHIP "BENLAWERS" "DENCRUACHAN" “BENOLEUCH"

"DENARTY" "BENVORLIGH" V

{

SAILINGS

TO

London, Rotterdam, - Hamburg

Antwerp,

& Huil

Liverpool.. Glasgow, Dublin, Antwerp, Rates" terdam Hamburg.

-Viz Malaya, Colombo, Aden, -Port-Budark

and other Way Ports

1st Dec. 10th Doc.

27th Dec... ard Jan.

0th Jan. 18th Jan

“LOADING -50th Nov.

Dodi

29th Jan.

goth Res.

8th Jan

Accepto Caroo ton Japan. Accents Cargo for delgmba"

For Further Particlture, Apply To--.

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

Buuding

Telephone: 3415)

THE EAST ASIATIC CO., LTD.

S.S. "NIKOBAR"

LOADING ABOUT 10th DECEMBER

SAN FRANCISCO, LOS

FADEN.

ANGELES, PORTLAND, VANCOUVER

M.S. KOREA"

LOADING

OUT 14th DECEMBER

SAID, GENOA ANTWERP, ROTTERDAM. OSLO, GOTHENBURG & COPENHAGEN Tanks available for the carriage of oil in bulk.

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

TEL. BA111 & 14112,

KLAVENESS LINE

NER SAILINGS

Direct to Los Angeles, in 16 days Thence

„Francisco,” Van avar, Seattle” U "CASTLEVILLE”.

ALS FROM PACIFIC COAST

lawan

will de

M.S

1049

22nd Dac. 21st Jan. entham,

23rd De

Balk 011 Tanka

THE BANK LINE:

(CHIN