1950-02-01 — Page 14

THE CHINA MAIL, WEDNESDAY, FEBRUARY 1, 1950,

ROYAL INTEROCIAN TENTA

Singapore,

SINGAPORE,.JAVA

PORTS and

MACASSAR

"TJITJALENGKA"

"VAN HEUTOZ"*.

"TJBADAK"

"TJISADANE"

• Only to

—Perang—Belawan Dell,

• MANILA, EAST & SOUTH AFRICA &

SOUTH AMERICA

"RUYS"

"STRAAT MALAKKA" "BO:88EVAIN"

JAPAN

ARRIVALS SAILINGS

7th Feb.

in Port

1st Feb.

10th Feb,

3rd Feb.

21st Fab,

23rd Feb.

21st Feb. 17th Mar.

3rd Apr.

2nd Feb.

22nd. Feb.

8th Feb.

23rd Feb.

1st Apr.

19th Mar.

FINANCE AND

COMMERCE

FRANCE, GERMANY SIGN U.S. labour

BIG TRADE AGREEMENT law hampers

Hong Kong Stock Exchange

A shade more activity yesterday but this was mainly amongst the heavy investments.

II.K. GOVT. LOANB

4 Lown 101 1⁄2n.

31% Loan (1976) & 1940) 60m.

15% Loan (1948) 163.

BANKE

1.K. A. Hank 14805, 1450/1500»«,

(Lan. Reg.) £88}}»,

Paris, January 30.

France and Germany today signed a trade pact calling for the exchange of about £107,000,- 000 worth of goods in the next six months. Today's signing ended two months of negotio- tions.

The agreements will be effective immediately and, supersedes a previous treaty which still had. about six months to run and which provided for an exchange of about £78,000,000 worth of goods.

A

Germany will supply half and France half of the £107.- 000,000 total of the new agree- ment. Payments will be made in France and Marks.

The agreement, signed. In the

Chartered Bank 100/-. 210/1French Foreign Office, provided

Mercantile Bank A. a 19. £280.

Dank of East Amix 112n,

INSURANCES

Canton Ina, 2035,

ARRIVALS SAILINGS

In Port

12th Feb. Fate Feb.

Union Jos. #806, 430/450. Chlor Underwriter én. 1.K. Piro Ina. 2168.

to

"TJIGADANE”

"RUY8"

"STRAAT MALAKKA"

"BOISSEVAIN"

Agents: HOLLAND-EAST ASIA LINE

● EUROPE via MANILA

and MALAYA

. "LANGLEEBCOT"

"HEEMSKERK"

Through BI/L

Mediterranean and Northern

European ports,

JAPAN

"LANGLEESCOT"

"HEEMSKERK"

KING'S BETİ DEMİ

CHINESE tel. 57% OBE PENNAI-18T - (14KRA

Issued

12th Feb. 21st Feb,

11th Feb.

(TELEPROSES

34015

1

OCEAN AGENCIES, LTD.

FAR EAST SERVICE,

S.S. “LAKE SHAWNIGAN”

LOADING for MANILA and ́ CEBU

On or about 4th February

Agents:

THE HONG KONG EASTERN SHIPPING CO., LTD..

Room 28, French Bank Building, 2nd Floor, Telephones: 32369 & 38061

U. S. ORIENT MERCHANT LINE.

ARRIVALS

SHIP W

FROM !

"

a. "CLEO" Y

$

NY, & GULF PORTS.

** "DINGWALL"

NEW YORK.

4. "ANDREAS" {. GALVESTON,

DUI

Abt. 4th Feb. '

N

15th Feb.

*' 23rd Feb.,

2. "AGATHI" * EAST COAST/U.S.A. \-

M

1st Mar.

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

York Building

AGENTS.

Tol 34165

DE LA RAMA LINES

ARRIVING FROM-U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO. M.V. "HALLAND"

2nd Feb.

BUTTERFIELD & SWIRE

Connaught

SHIPPING

Douglases 100n.

H.K, 4 M. Steambouts 11m. Indo Chinas (Pret.) Bpłận.

(Def.) '200m.

Bhella fleurs) 03/15 m. Balon Waterbonia 271. Asix Nav. Jan.

DOCKS, WHARVES, GODOWNS,

K. K. Wharven 115%, North Point Wharves 851⁄2N,

Bhangba Honkew Wharven – tầm. H.K. Docks 18n.

China Providents 118, 11967 1966, Shanghai Diskyerda 1.49n,

Wheelock 19.10am,

MINING

Raub Miner Bin.

3.K. Mines 0115.

LANDS, HOTELA & Dí.DOB, .. Hutela 11.00, 11.30

H.K, Lunda 436, 46 lúan.

Khzsgħal Lande 2.101.

Humphreya 10.

1.K. Ravities In.

Chinese Falates 1301x,

PUBLIC UTILITIES H.K. Tramways 185ą), Frak Tram (O) 18.

(New) Pin,

Star Ferries Din.

C. Lights (0) 11b, 11.4%, 11.10.

"

(New) .40a.

1.K. Electries 10s, 28.80s.

Mmea Electrics £31.

Bandakan Lights &

Telephone 185.

Shanphat Gwa 15ým.

INDUSTRIALS

Call Marg (Ori) 201§u.

Canton Ice

251⁄2n.

Cementa, N.

1.K. Ripes 15

STONES, Ete.

Dairy Farme, dün,

Watsons, 471b, 4735mm..

1. Crawford 18. Hincere 2.GOD.

China Emporium 10b. Sun Co., Ltd.

.35.

Kwok Bow long 105%. Wing On (X) 12.

Wm. Powell, LÜ, Diâm

MISCELLANEOUS

China Enterwinments 101⁄2n.

1.K. Constructions (Ohl) 2.60n.

(New) 1.30%.

"Vibes" Filings 18n.

Harman Investmenia 9/n. Karomah (H.K.) 75. Shanchal Loan 1.300.

Yangtze 4.

COTTONA

* RUBBER, sie, COMPANIES

Alma Estates 10n.

Anglo-Dutch .300.

Anglo-Javas 1.

Batu Anama 20.

Bute Plantations 42.

Chemor Unlled .20n. Cheng Rubbers Ion, Consolidated Rubbers in.

Duminton Rubbers in. Langkats 10.

30.

Repak Rubber Rubber Trusta Bs. Exmasaza "Rubbera 406, Semambo - Rubbers „185. Bhanzhat Redsha 1941. Shanghai-Mulai 15. Bhaarkat. Pahang tin. Shanghat Bumairas in. Bungel Durla 191⁄2n, Tanah Meraha - 50n. Tebatur Rubbers zón, Zianabe Kubbara in.

1

Money Market

US dollars opened and closed Yesterday at HK$0.38, with a interval at HK$.0.37%.

TVT was put through from HK

wes unchanged

at

8.42 to $6.43.

Sterling HIC$15.35.

Australian pounds opened at HK$12.05 and closed at $13. : Plastres remained nominal HK$12.05. 100,

At

that about 60 per cent of the goods to be exchanged would be free of all government controls.

No more loan from U.S., Briton says

London, January 30.

A Treasury spokesman today refused

10

of

Japanese

Knoxville, Tennessee,

January 30 Dr. Idzuturo Suehiro, head the Japanese Central Labour Board, said here yes- terday that Japan's infant Jabour movement is being cramped by the Taft Hartley

Law.

Dr. Suchiro, one of four Japan- csc officials Atudying United Stales management labour rela- tions at the invitation of the La- bour Department, said legislation in Japan modelled after the Unit- States law is too strong for Japanese unions.

ed

He said the Nipponese law is being written Indirectly by the United States Congress and does

The Japanese labour official said

AMERICAN. PRESIDENT LINES

The Global Saet

TO HONOLULU & SAN FRANCISCO

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

via JAPAN

1

3

Salla Feb.

Sails. Feb. 26.

Salla Mar, 17

Arr. Feb. ....... Arr. Feb. 25 Arr. Mar. 16

TO SAN FRANCISCO & LOS ANGELES

• vio JAPAN

"President Taft" "President. McKinley ......................Arr. Feb. 14

Sails Feb. 15 ...Arr. Feb. 28 Sails Mar. 2 TO NEW YORK, BALTIMORE & BOSTON ›!.......via PACIFIC COAST & PANAMA "Prezident Grant" "Marine Snapper"

#).

Arr. Feb. 0 Sails Feb. 10 Arr. Mar. 19 Balls Mar. 20 ..

ROUND THE WORLD

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

"Willamette Victory" "President Polk”

4

.................... Arr. Feb.

...Arr. Feb. 20

TO JAYA & STRAITS

Tel: 28172/3

not always it conditions in that "Marine Snapper” .................................Arr. Feb. - 10 A specified list of those not

country because Americans do not comment freed was made a part of the American press

on an understand Japanese psychology. report that agreement. Part of the goods to

Britain is to Reck another be bought from West Germany American loan before, the end Japan's version of the Taft Hartley are to be subject to a variable of this year. price ceiling to be fixed at inter- vals in accordance with the balance of credits and debits be- tween the two countries.

law, which appeared shortly after its passage by Congress in 1947,

"In other Government quarters was not designed for a weak la-

it was denied that

Britain either asking, or toksing to ask, for a new loan,

Jabour movement in its infancy. steps Japan's unions had to reorganise

|lo, fit the law.

Germany agreed in the pact to the freeing of form products Commenting informally, Anan- {such as fruits, olive oil and clat and fiscal experts bolleva umber from French colonies. A this i Just another, rumour reliable source said this category which should, be disregarded. It would account for about

Is thought in these quarters that, 800,000 worth of Germany's im- since the American press report port from France.

seems to refer more to the mat. ter of liquidating Britain's war- time sterling balances than to a new loun for Britain herself, be nothing the matter could more than speculation at present time.

Two-week delay Opposition to this clause by West German farm leaders de- layed the signing of the accord for nestly two weeks, They said it would be harmful to the welfare of German farmers,

the

Recommendation

Dr. Bushleo said the American millitary government In Japan

·recommends to the Dirt legla. lation

modelled after the newest legislation in the United, States The Dist feel compel- led under the circumstances, he sald, to follow the American advice.

He said: "I wish we might go It was not known here today back to the days of the Wagner whether the joint, United States Act." He added that Japan needa Canadian-British

less government interference with Committee, France and Germany both

which is to study the question unions in order they might learn

to stand on their own feet. of Britain's wartime earlier announced the trade balances, had reached any

sterling de- agreement would COVET more clsians, or even started

Dr. Suehiro and party visited serious Tennessee Valley than US$500,000,000 worth on discussions.

Authority in- 'business in a year, but the final |

stallations here and talked with draft covered only a six-month It would be

TVA men about labour relations period for a revised trade total. Britain even to consider making as part of their two-month tour

of the United States. any move involving American the

Impossible tor

Other products to be obtained help on this question until by the Bonn Republic included Committee had reported its find essential industrial oils, machine Ing to London, Washington and tools, light lorries, types, phos-and Ottawa. Reuter, phates and fabricated iron and

steel,

In addition to the chemicals, farm machinery and spare parts and fabrics which France would get under terms of the Organisa- tion

for European Economie Co-

operation {ČEEC) agreement, France wil! Import German jewellery, musical instruments, miil machinery and other equip

France will also receive nearly 121⁄2 million Pounds worth of German coal and nearly £2,140,- 000 worth of electrical power.

ment.

Huge increase

Slump in beer drinking in UK

London, January 30.-

interest in the mediation of dis- Dr. Suchiro, aged 81, expressed putes in America, particularly the system of voluntary mediation used by some American industries and unlons.

The Japanese party left last night to make further studies of labour-management practices In such cities as New York. Chicogo and Detroit-United Press.

cost-the-British Treasury £20 SHIP-MOVEMENTS

A slump in beer drinking has

000,000. Beer sales in the first 11 months of 1949 totalled 23,024,- 640 barrels.

The Flying Independent la due from New York via Manila at Lyemun Park today and after clearing Quarantine 'send This was 1,500,000 barrels lead Immigration. will berth nt Kowloos than the same period of 1948, and Wharf, December figures are expected to She will be despatched for New York raise this loss to 2,000,000 barrels.

vis ports and Panama on or about Febru

The huge increase in Franco-The Treasury tax on beer is £10 17 4, or as soon as possible thereaftur German trade provided in the per barrel-indicating a £20,000,- upon, enmpletion of cargo work, new trade расс resulted

000 loss in tax revenue for the

least partly from drastic simpli- year. London's Innkeepers blame

fication of the custome

rlere betwear

bar-

tries, a Foreign

the two coun- Office state-

mant said.

The statement, sald the real

taxes for the slump in consump- tion-Associated Press.

The Nortanda la doo.from Karschl Singapore al remun and today, and atter clearing Quarantine and low- Imigration, will berth at. Buage AT

She will be despatched for Dairen and (Yokohama on 'or about Pedrnary 4 or RE

pletion of cargo work.

extent of Franco-German trade] NOTICE TO CONSIGNEESoulble thereafter upon

which will result from the agree

ment are unknown because -thin. freeing of 6o, per cent of the

*s. "NORLANDA"

goods from controls will eliminate Consignees are hereby additional trading.

notified that captioned vessel Baron Vollrath von Maltzahn, is due in this port February the chief German economist who 1, 1950.. negollated the treaty, said the

He

NOTICE TO CONSIGNEES

* “VINGNES” Having arrived Hong Kong today was only a pro- All cargo will be delivered consignees of cargo are hereby overside to lighters at Buoy notified that all goods have ained that

* "formal A-7. ceremonial signing would

Where consignees doy been landed and placed at take not provide their own light-their risk and expense into the place in Bonn in about week era, the Carrier reserves the godowns of the North Point

German High after the

Com-right to discharge into lighters Wharves Ltd where delivery mission approves the agreement.

provided by the Agent, all ex- may be obtained described Mailzahn

penses, demurrage, etc., to be the goods are landed.

Van

agreement as decisivo progress to

wards the Marshall Plan goal of trade liberalisation in Europe and sald West Germany hoped soon to agreements with Britain and Italy.

He said

the trade past is the Implementation of the Bana Gov- Ticals were unchanged at HK$.ernment's decision to, create good 28.50 a 100,

W relations with France, Germany's

NEI Guilders dropped to HK biggest, customer, Associated 22.70 a 100 after opening at $23. Fress.

SAM YRANOI

account cargo.

Optional cargo will not be discharged here unless notice has been given prior to the vessel's arrival.

RE SOON. RE

No claims will be admitted after the goods have left the godowns or failure to attend the survey,

All broken, chafed and dam A. P. PATTISON & CO., aged goods are to be left in

Agents,

the godown where they will be ISBRANDTSEN. examined in the presence of Messrs. Goddard" and Douglas on February 2, 1950, at 10 B.m

Pacific For Cast Line, Inc.

Fast Regular

na-Pacific Servic

To comply with the General

Bonded Warehouse Regula

Sails Feb. 0 Salls Feb. 22

Snils Feb. 11

BEN LINE

SHIP

"BENMAUDHUI" "BENALDER" "BENMHOR” "BENAVON” "BENALBANACH” "BENVENUE"

BENVANNOCH" "BENLAWERS' "BEN LEDI" "BENNATOW"

"BENALDER" "DENNATOW"

BINMNOR" "BENVANNOCH"

"BENHACDHUI" "BENAVON" "BENVENUE" "BENLAWERS"

TO AND

ARRIVALS

FROM

U.K. via Bingapore,

SAILINGS

London,

.Dut

In Port

on or abt. 10th Fab.

Antwerp,

Rotterdam, Hamburg

Hull,

Genoa, London,

Avonmouth, Rotterdam,

Hamburg & Hull,

12th Feb.

26th Feb.

28th Feb,

12th Mar.

Both 'Mar.

27th Mar.

7th Apr.

12th Apr.

Loading on or abt.

18th Feb. 18th Apr.

16th Feb.

24th, Mar.

K/Wharf

Liverpool, Glasgow, Dublin,

28th Fab.

Havre

and

18th - Mar.

Antwerp.

30th Mar.

Via Malaya, Colombo, Aden, and Suez Canalí

• Accepts Cargo for Kestung and Japan. “†Aocupta”Cargo”för"Port:Budɛnë"

For Further Particulars, Apply To--

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

York Building,

Telephone: 34165.

THE EAST ASIATIC CO., LTD.

'M.S. “MONGOLIA'

LOADING ABOUT, 1011 FEBRUARY

for

ADEN, PORT SAID, · GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO. GOTHENBURG &' COPENHAGEN

Tanks available for the carriage of oil in bulk

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd floor.

Tel. 34111 &′′ 24112.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver,

tions, consignees must have a M.S. #SUNNYVILLE” Revenue Officer in attendance M.S. "FRANCISVILLE? when examining damaged dutie

"able: gooda. "All" claims agains!'

the verse) must, be presented

Portland

1st Feb.

· 28th Feb.

ARRIVALS FROM PACIFIC COAST

to the Undersigned" "hin M.S. “CASTLEVILLE-

show ship's M.S. “BOUGAINVILLE arrival, or fley! will not ba

Salling to Singo

Mar

23rd Feb.