1950-01-31 — Page 12

THE CHINA MAIL, Tuesday, January 31, 1950.

FINANCE AND

COMMERCE

ROYAL

INDEROLLAN EINES

› SINGAPORE, JAVA

PORTS and

MACASSAR

"TJITJALENGKA"

"VAN HEÚTSZ”*

TJIBADAK"

· “TJIGADANE”

Only

to

Bingapore,

Penang, Belawan Defl,"

MANILA, EAST &

ARRIVALS SAILINGÈ

31st Jan,

7th Febr

fit Fab.

3rd Feb,

18th Feb,

21st Fabi

W. Germany may help in Hong Kong industrialising Red China

Abrogation of Sino-U.S. trade treaty asked

Washington, January 30. Representative Colmer, 23rd Feb.. Mississippi Democrat, called

today for abrogation of the| Chinese trade treaty in view of the Communist domina- tion of that country.

SOUTH AFRICA &

SOUTH AMERICA

"RUYS"

"STRAAT MALAKKA”

21st Feb.

"DOIRSEVAIN"

17th Mar.

3rd Apr.

» JAPAN

"TJIBADANE"

"RUYS"

"STRAAT MALAKKA"

"DOISSEVAIN"

2nd Feb.

22nd Feb.

1st Apr.

8th Feb. 23rd Feb. 19th Mar

Agents: HOLLAND-EAST ASIA LINE

» EUROPE via MANILA

and MALAYA

"LANGLEESCOT"

"HEEMSKERK” .

Through Bs/L larved to

Mediterra..nan and Northern

European poris,.

+

JAPAN

"L'ANGLEESCOT“

"HEEMSKERK"

31st Jan,

ARRIVALS SAILINGS 12th Feb. late Feb.

12th Feb.

21st Feb.

11th Feb.

BESKING'S BUILDINGS: TELEPHONES:-2015 -10~28017-

FUÜMESİ, AGENTS, BI PONN VIRKJEN, HOVAD, C. (ELS, 2119%, 25113

OCEAN AGENCIES, LTD.

FAR EAST SERVICE

FROM U.S.A. PORTS

5.S. "LAKE SHAWNIGAN” Due 31st January, Kowloon Whart

Agents:

THE HONG KONG EASTERN SHIPPING CO., LTD.

Room 28, French Bank Building, 2nd Floor,

- Telephones:-32369-&-38061-

BURNS PHILP.

LINE

Passenger & Freight Service to Australia and New Guinca

M.V. "MERKUR"

Loading for Sydney, Hobart and Melbourne via Port Moresby, Madang, Lao & Róbaul on 8th February, 1950 Apply

GIBB, LIVINGSTON & CO., LTD.

Agents

P. & O. Building, Ground Floor.

Tel. 30326.

DE LA RAMA LINES

ARRIVING FROM US. ATLANTIC COAST „VIA LOS ANGELES & SAN FRANCISCO M.Y. "HALLAND

3rd Fab.

BUTTERFIELD & SWIRE

Connaught Ba

He made his suggestion to the Secretary of State, Mr. Dean

Acheson.

Washington, January 30,

The Foreign Policy Association, a private research body popularly regarded as objective, warned today that Russia may invite Western Germany to help corry our industrialisation of Communist Ching.

Stock Exchange

Yesterday's market was quiet. HK. GOVT. LOANE

4% Loan FOXISS.

Bid Down (1384 A 1920) -100n. 24 Loan (IBAN) 100%,

BANKO

- It cantended, "Such an invitation could not be light. Bank lib.

ly disregarded by any German government whether controlled by industrialists hostile to Communism or by Communists."

current issue of

munista huya

ald

10 p

its that unhealthy political smilia- periodically, published "Foregations resulf, is on the other hand Affairs Bulletin," the Associa-of greater concern to the United. tion sold in pust, "therlo ad- | Stales" and her Allles. Emer of gence of such a problem. with vocates in the United States non-recognition of Chinese Com-Gericany itself has already boon assumed that hinted at in reports feland- Mr. Colmer made public a let sooner or later the Peking re-estine deals between the Eastern, ter to Mr. Acheson saying that he gime, Anding Russia incapable of and Westers Lönes involving

and shipments from the is particularly concerned about furnishing technical

West to tung oll, which this country now, equipment needed for China's in- East of articles on the "prohibit

have todd. letgoods Imports duty free from China, dustrialization, would

considered to Mr. Colmer urged that a tariff be tum to the United States,"

posscus war potential.

United The Association asked, how-Sister officials in Germany are imposed on such Imports.

Various Southern states, includ-avar, whether this was a sound keeping a careful watch on "this ing Mississippi, Louisana, Ala- assumption. It said. "Aside situation and so far do not cost- and Floride, now produce from the capacity of Britain...sider it of dangerous proportions. harmo

to supply summe of China's herds. Most of the informed, sourees large quantities of tung oil, an

larger Important ingredient in paints.

.Lg opportunity belag contacted here think it would be "Exports of tung oll have here- hinted at. Tisis la the possibl-considerably easier to check the tofore been a primary source of Hty that Russia tight invite development of any similar un American credit to the Chinese,"Western Germany, already look- deraitable trading habits be- Mr. Colmer wrote, "but it seems Ing about for export outlets, 10 tween Germany and China,

and mn- Inconceivable to me that China, produce technicians

Industriallantion of now overrun by the Communists, chinery for should continue to enjoy the bene- China,"

A check with

Administration Als granted to her under the

officials Geneva treuty.

questions revealed they "To do so places the United policy oncerned with German st States, as China's principal cus- are familiar with the line tomer for lung all, in the pusi-thinking presented in this Agro- tion of supporting the economy of clation report but some were position. the Communiķis. This will be inclined to token tlie

over optimis- true whether continuod exports that it might be are made direct or through tle. British sources in Hong Kong. Associated Press.

NEW FINANCE MINISTER

Berlin, January 29, Herr Max Seydowitz, Premier: of the Province of Saxony, today appointed the Minister for Trade und Supply, Dr. George Knabe, ns acting Finance Minister to re- place the Christian Democrat. Herr Bernhard Rohner, who was suspended from his

office last week on charges of "covering economic criminals."

Herr Rohner was one of the two leading Christian Democrats} in Saxony who were strongly al- tacked by the Socialist Unity Party-Reuter,

STEEL MILL IN PALESTINE

Similar

relations

Still a long time

recovery

Despite it rapid of industrial- potential mast economic axports are inelihed to feel that it will be a long time before Western Germany In in a position to make aạy Rubstantial moves to capturz the China market and in tha meantime, terms of trade are all in favour of Britain which.

recognized Commutat China and is presumably In prosite of cementing trada lation with them.

F

They pointed out from 40. veral stand-paints that potan. tial relation of Japan with

might Communist China

be In the events, considered considered similar to that, an

ance to be unlikely- visaged by the Asspolation for that

Germany did Germany, The Japanese v] [effect some form of rappr ilon

on the

Ruksia and

of Greater Asia "Co-Pro- mont. with a sperity Sphere" was based lar-ed subsequently to "move"in" on gely on the theory that Japan the

China situation as her ally, would supply the impetus for it is suggested here

that the China's industrialisation to the United States might still have exclusion of Western powers. unother means which tould ba The attempt to implement this used to help control the situation, concept contributed to the open- namely, economic leverago Ing of World War 11.

Japan

SOURCEN

The

de

in

af Bome authoritative

This could be used provided here take the position that the the Russian world polley did not Western Allles have not yet ico-entirely prevent Chinese Trading sened the reins of their control outside the Soviet zone. on either Germany or Japan' to low-cost Japanese factory gobai, the extent preventing thei which normally would be quick intercession to check the sired by Chinese, could probably development of new trade pat- maintain a comparative advant- terns considered darigerous 10 nue of considerable. value New York, January 20.

the security of the Western Do- China's markets. This. it at Plans have been made to conmocratic world. struct Israel's first steel rolling

knowledged, would in effect be It is true these controls have pinying two former Axis Allies mill seven miles North of Halfa, been relaxed in Germany fur-off against each other and could an official of H.A. Brassert and ther than in Japan but as the be risky game from several Company, Iron and

Commis-atandbaints. consulting engineers of New United States High

But it might have Newsioner for Germany, Mr John to be considered.--United Press. York,disclosed today..

The mill will employ about 250 week the power of

McCloy pointed -out-here-last the final men and may later be expanded Allied veto in both defeated na- Into a complete plant. The com-

Lions-still-exists-and-can-be! pletion of the rolling mill is ex- pected late this year or early in invoked if the

mands. 1031 and an output of 60,000 tons annually is planned-Reuter.

steel

GERMAN CAR

mili

situationi

Ma

DOLLAR MUST

BE STABILISED

To a certain degree it is fall here that trade by both Ger-

New York, Jantlary 29, many and Japan not only writi The Institute of Life Insurance | China but also with other coun- (said in a new economie: bulletin tries of the world on both sides today that the United States must of the Iron Curtain should be stabilise the valtio of the dollar encouraged..

West for This is the trade polley spoken of dit niany occasions by the highest United

← luce efɑntin/c-dizkitaj

Wolfsburg Lentary Exports of the German peoples -car-(Volkswagen) were at the rate of 1,300 during the month of

The Institute says that if the January the general manager of

utching power – of the dollar the people's car factory amounes Staber-officials at home and abdeclines nearly as much in the ed. He said. as a result of show road. Up to a point it is not a 50

next 50 years By it did durlag ing at the recent Brussels, autofell that such commercial pat- the first half of the 2011 Cen- mobile exhibitlof the factory has terns need interfere with broad-tury, the effect on saylags and received orders for 800 cars from er democratic becurity objectives security programmes Belgium,

in the cold war or the economic chnotic,

will be

He predlets that by the end of interests of the conquering. With all its soundness as 1050 output will be increased by powers. 100 dally to attain, a dally pro duction of 350 Reuter,

The possibility, such as it is being developed" to › the

Britain expected to ask for loan

New York, January 29.

extent

Wall Street experts are convinced, that Britain will atek a substantial new dollar loan from the United States before the end of the year, the "New York Times” said today,

According to opinion in New In that event the appeal would York's Anancial, district, nego) the madef-on: the presently of, ad“ tiations for the loan, will open Vancing money to Britain to help shortly after the British, Gen+ her sppair the damage done www by, five years of: Sociallelio, rule." Feral Election -

Reuter,

Estimates of the Jod rance from $2,000,000,000 to $4,000,~. 000,000.

Some believe that the rogurat will be for $4,000,000,000 and will bp more in the nature funding operation under whloff [the "Anglo-Americant loan would be taken up and a new loan is sued on terms calling for repay ment within 100 years and wit out interest,

The 1945 American loan pro vided for repayment within 50 years beginnings in 1951 and -at-tha-rate_ot two

Ladd that quest for the loan will come re gardless of what politicar, party

ving the

Al

#

currency, the dollár taldy will buy only a fhirt as much as it did in 1800," the Institute/com manted-Associated Presd..

Money Market

Lon. Rex Artish. Chartered Banks A1 18. Mirreantile Bank A. 43, 4238. Bank of East Asia 112m, AMBURANCES

.Canton Ine. ·Bósk. Union Ins. -4356.

China Underwiḥtart En. HK. Fra Ipa, gelb,

MINKING

Donglesen 2001.

DX, à M. #lawnshoata 11. Indo China. Kreta min.

(D&T.). 2001. Bhelia (Bearer) 02/1948. Union Waterboats 178, Asik Nay, 1.10.

DOCKS, WHARYER, GODOWNS. Ele. RK, à X. Whartes lién.

North Point Wharres Tim.

Bhanghai Hongkew Wherres 180. 1.K. Docks 180.

China Providenta 198. Shanghai Dockyard on. Wheelocks in

MINING

Haub Mine & 11.K. Mines on.

LANDS, BOTELS A BLOGA,

H. 4 B. Hotelu 11,894,

1.K, Lands 406

Bhengha! Lands. 2.18m, Humphreys 101⁄2b, H.H. Neele n.

Chinme. Esintre 140n.

"PUBLIC UTILITIKA B.K. Tramways 145, 15am. Prak Tramad) 1.

(New) Blin Star Ferries in.

C. Lights (OW) 11.208, 11.20AM. (New) A1⁄4xa,

#1,K. Electrics 20341, 84, -25na.

Sandakan Limite Blán. Telephones, 18%E Bhanghal Gas 1.

INDUSTRIALO

Cald. Mag. (ed.) 26. Canton de ta Umati

ILK, Ropes sign.

STOREN, Eir. Dairy Farms 40p, Watsons 6734b.

Crawforde 1815, Biiceres 1,500, China Emporium 10. Ben Că, 145, -3,551,

Amons Buns Mont 105. Wipe On (M.K.) ́Sin. Wai, Towell, Lid. #ten.

MISCELLANKOUS China Entertainmenta. 2011⁄2n. HL.K.' Constructivës (Old). 2.18n.

(New) (0. Viro Pilor 15m.

Maruman Investments B/av. Maraman XI,K.) Ba. Bharatat Loan 1.10, Yangtries 431.

Ewo id.

COTTONS

RUBBER, HE. COMPANIES Alma Estates Lin. Anglo-Dutch Jun.

Angloinens in.

*Bato Anams „In.

Bute Plantations sün. Chemer United 20 Chen Rubbere 10%. Consolidated.Bubbers in. Domino Rubbere 1. Langkels In.

Buah „Bußbers 10. Robber-Trusta-ĺns- Selinaran Ruhberá „sch. Bemamba Robbers 185.. "Škubkki!' Kedahi Klio. Shanghal-Malays it. Bhanobal Pahang In. Shanghai Sumalena In. Bungel Doria · 20%. r Telong-Rubberg: 100. Zlangbe Rubberg-L...

SHIP MOVEMENTS:

Son Francisco, Jahuary 19. Maulla-Ampelated Press.

Ships sailadi: President Taft for

NOTICE TO CONSIGNEES

LS: "VINGNES"

Having arrived Hong Kong corisignees of cargo are hereby notified that all goods have been landed and placed at US dollars dropped over the their rækt und experie into the week-md re-opened yesterday godowns of the North Point

at HK10.405, closing at $0.39.

TK were put ́-- through from. HK$0.43% to $0.45.

Betling was unchanged HK$15.35, as also were "Austra

lion pounds at HK$12.95.

Piastre conunued; nomitial

HK$12.65 a 100.

Ticals were unchanged 120.50, 100,

of

Wharves Ltd, where delivery may be obtained as soon as: the goods are landed.

No, claims will be admitted it']:after the goods have left the godowns or failure to attend the survoy

at

NEI Guilders opened at HK 22.00 a 100, and closed as, $237 :

China's Jin Men notes quoted butside the Exchaligo at were HK$3.50 to: JM$10,000. ·

THE HO HONG STEAMSHIP CO. (1932) LTD.

S.S. “KAMPAR”

For SINGAPORE & PINANG Loading

2nd February

To Alteration With fary On Wref=ht

Americang propition on Add: THE HO HONG

Sailing

All braken, thufed and dam- aged goods are to be left in examined in the presence of the addwn where they will be Messe Goddard and Douglas on February 3, 1980, at 10.

To comply with the Genjerni

The Global Fides

TO HONOLULU & SAN FRANCISCO

"General Gordon" "President Claveintid"

"Fresident Wilson"

vio JAPAN

Arr. Feb.

3

. Atr. Feb. 25

Arr. Mar. 10

TO SAN FRANCISCO & LOS

"President McKinley #President Taft”

'Balls Feb.

Baile Feb. 28 Salls Mar. 17. ANGELES

vig JAPAN

.Art. Feb. 14 Att. Feb. 28

Salla Fob. 15 Salls Mar.

2

TO NEW YORK, Baltimore & BOSTON vio PACIFIC COAST & PANAMA

7

"President Grant”... "Marke Snapper"

******** Arr. Feb. ́ ́9 Arr. Mar. 19

Sälls Feb. 10

Salls Mar. 20

ROUND THE WORLD

VIA MAŃILA, SINGAPORE, COLOMBO, KARACHI, SUEZ. PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES. -GENOA, NEW YORK and BOSTON

Arr. Feb. 5 Salls Feb. T Arr. Feb. 20 Salls Fób. 22

"Willamette Victory"....

"President Folk"

TO JAVA & STRAITS

"Marlee Snapper""

Arr. Feb, 10

Tel: 28172/5

Sails Feb: 11

BEN LINE

SHIP

"BENMACOHUJ" “BENALDER" "BENMHOR"

BENACH"

"BENVENUE" "BENVANNOCH" "BERLAWERS" **BENLEDI"

"BENNATOW"

ART

ARRIVALS

FROM

U.K. via Bingapore.

SAILINGS

London,

DUZ

In Port

on or abt. 10th Feb.

12th Feb.

28th Feb.

28th Feb.

12th Mar.

27th Mar.

20th Mar.

7th Apr.

12th Apr.

Loading on or abt.

Antwerp, Apsterdainų – 2 Hamburg; A 18th Feb

PRENALDER” "ENNATOW":

10th Apr,

"BENMHOR" "BENVANNOCH"

Genoa, Avonmouth, London, Hatterdam, Hamburg & Hufl.)

16th Foby

24th Mar.

K/Whart

Dublin,

Hayd

Glangów,

and

28th Fab.

10th Mar,

10th Mar,

HDENMA “BENAVON” "BENVENUE"

BENLAWERS"

Ma Malugé, Colombo, Aden, and Butz Canali

* Accepta Garbo tor Keilung and løpet.

†Acovsis Carga tor Porn Budar?

For Further Particulars, Apply Tommie W. R. LOXLEY & CO. (CHINA), LTD. Agents

York Bullding.

Telephones-34185.

THE EAST ASIATIC CO., LTD.

M.S. "MONGOLIA"

LOADING ABOUT 10th FEBRUARY

ADEN, PORT SAID,... · ANTWERP, BOTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

· Queen's - Bldg, -lnd-floors.

„TAI-34111-d÷86112

KLAVENESS LINE

SAILINGS

Direct to Los Angel San Francisco, Vance

M.S."FRANCISVILLE

16 days Thend Seattle "&" Portland

RRIVALS FROM PACIFIC, COAS)

Bonded Warehmuth, Vliegüla- | MS, “SUNNYVILLE tions, consigneth-inkst have a Révinus Officer in attendance when examining damaged duti- able Food All Of Fathe the vessel Wobust be presented '10” thàm Undersigned within fourteen days of the ship's Seriyakapr isley will not be

M.S. CAS

,