1950-03-20 — Page 9

BUTTERFIELD & SWIRE

CHINA NAVIGATION CO., LTD.

"PRODUCE" "ANDUI

TOYANG"

SZECHUEN"

SHENGKING"

YUNNAN"

HUPEN!"

"PAKHOI"

NEWCHWANG"

SHENGKING"

FENGTIEN"

PHUNAN"

SHANSI"

KWEIYANG"

NEWCHWANG"

"WUSUKH"

SAILINGS TO Brunel & Sibu .Singapore, Penang

& Belawan Tsingtao & Tientsin Yokohama, Nagoya,

Osaka & Kobe ..

..Kcolung

Keelung, Yokohama, Nagoya, Osaka & Koba

.Inchon? & Tientsin

Bangkok Bangkok

Sails from ARRIVALS FROM Keelung

Indonesin & Brunei

Tientsin & Thingtuo Bangkok

Bangkok

Nagoya

RIVER SERVICE

Hongkong/Macao Dept. Hongkong

2 p.m. daily except Wed.

& Sun.

1 p.m. 19th. Mar. 3 p.m. 20th Mar. 5 p.m. 20th Mar."

5 p.m. 20th Mar.

5 p.m. 21st Mar."

ז'

5 p.m. 22nd Mar.

5 p.m. 23rd Mar.*

5 p.m. 25th Mar.

5. p.m. 30th Mar. Custodian 'Wharf.

20th Mar, 22nd Mar. 23/24th Mar.

26th Mar. 20th Mor. 26th Mar,

Macao/Hongkong

Arr. Hongkong

7 a.m. Tues., Wed.,

BLUE FUNNEL LINE

Frl, & Sat.

5 p.m. Sunday

Scheduled Sailings TV Europa vin Adon & Föft sola.

"AUTOMEDON”

PATROCLUS”. FANTILOCHUS"

Genoa, Marseilles,

Liverpool, &

Glasgow

Javve & Liverpool

Cienoa, Marseilles,

THE CHINA MAIL, MONDAY, MARCH 20, 1950.

FINANCE AND

COMMERCE

AUSTRALIAN POUND:

MARKET

New York Stock Exchange

SPECULATION

Sydney, March 18.

Is Australia going to change the value of hor

pound?

That is the subject of considerable speculation in Australia. It is also being discussed around London's "City," New York's Wall Street and among money speculators in Singapore.

revaluation

Investment

in Rhodesia

London, March 18,

Sir Godfrey Huggins, Prime Minister of Southern Rhodesia, arrived here by air today for financial. political and trans- port discussions with the Bri- Lish Government.

Sir Godfrey will discuss with the British Government the en- couragement of Investment capl- tal for Southern Rhodesia,

But will Most overseas guesses are

Come The Prime Minister will con- It is on the cards. But tinue discussions, begun during that Australia will increase her about?

the value of against revaluation is the Im- his last visit, on the production of pound to nearer

fact that Liberal and oil from coal, in which he be sterling. An Australian today portant

Country parties "have quarrelled leves Rhodesia could establish a must put up 20 of his shillings in the past. Now they have a big industry. to buy 20 English shillings. He hoppy coalition and a big edge Sir Godfrey will leave for Lis- gets 25 shillings here if he can over Labour. If the pound is rex bon on Wednesday to discuss sell something in England for valued, this coalition would not with the Portuguese Government 20 shillings there.

be quite such a harmonious one, the altuation as the port of Belra, Will the Liberals risk on upset Portuguese East, Afrien, on which with the Country Party as early he will also have talks in London.

The

"I am making the journey. my- in the coalition?

assumption is no-not unless it is forced on self to cut short the business", he

said. them by higher, living costs and

"The official machinery is so higher export prices. would This reporter's guess is: no re-cumbersome. We must get the valuation in the first half 1950, conndence of the Portuguese des- not unless there to a change in pite the netion of the shipping other currency values, Associat-lines-and-got-on-with-develop

ments for immediate needs."

New York, March 13. Car stocks took the fancy of buyers half way through today's market. Chrysler and

Stude baker were singled out for atten- tion, with General Motora trail- ing in favour. All advanced

If ever there was a time for to one point. The balance of the

Australia to increase the value of market showed mid rising ten-

Prices for dencies. Fractionat

qui- her pound, it is now, guine

wool and food, numbered small losses by a mo- exports, mostly derate margin, Transfers 810,000 are higher than ever before. Pea

ple producing these exports are shares.

making fortuies,

They Gainers included U.S. Steel, Bethlehem Steel, Ducing, Renne still make plenty of money with-

on-the-exchange cutt Copper,

Dupont, Barnsdall out the gain-

But the cost of living is rising Oll. Emerson Radla, Zenith, Al-

la constantly.

this part. 15 due and Armour. leghany

formers money Included International to all the spending wool growers and wo Harvester, Douglas Aircraft, Dow

If Australians did not have to Chemical, General Electric and

pay exchange on things they buy Stecks abroad, they would be cheaper 15here and living costs would de- cline. Also, if wool growers did not get an exchange gain of 25 per cent on their wool, they would it inve less casy money.

Logers

U.S. Gypsum ave

Dow Jones averages: 75.13; 20 Industrials 208.09: Itails 55.70; 10 Utilities 43.49.

Closing quotations:

20th Mar,

4th Apr.

Liverpool,

¿

Glasgow

25th Apr.

ARRIVALS FROM U.K. viu Straits

In Pur!

24th Mur.

Adams Express Alaska Juneau

22

3

28th Mar.

American Con

30th Mar,

TELEMACHUS”

2nd Apr.

"AUTOLYCUS"

...U.K. via Straits

11th Apr.

NEW YORK SERVICE

Baramalt 30%

27th Mar.

Bendix Aviation 42%

Bethlehem Steel 34

"MACHAON"

PATROCLUS" "ANKING"

"ANTILOCHUS"

U.K. via Struits

-U.K. &

Rotterdam

vin Straits

1.K. via Straits

U.K. via Jeddah &

Straits

"AGAMEMNON" .. Arr. from USA.

via Manila

Carriers option to proceed via other Ports to

lond & dischargo cargo,

AUSTRALIAN ORIENTAL LINE LTD./CHINA

NAVIGATION CO., LTD. JOINT SERVICE

"CHANGSHA"

"TAIPING"

"CHANGSHA”

"SOOCHOW”

"TAIPING"

"CHANGSHA”

50

SAILINGS TO Yokolatna, Yokkai-

chi & Kobe

Kure

Sydney & Melbourne

ARRIVALS FROM Australia

. Australia. & Munila ..Jupan

117% Smelting 54 Telephone 151%

Tobacco 724 Waterworks 10% Copper 2841

Anaconda Coun

Aviation Curp. ↑

Baldwin Locomotive 11%

Being Aircraft 27

Borden Co. 50%

Canadian Pacific 14%

1. Case 441⁄2

Chrysler 607

Colgate 404

Commercial Soviet 17

Corn Products 70

Noan 19th Mar.

Du

27th Mar.

8th Apr.

23rd Mar. 23rd Mar. 5th Apr.

All the above subject to niteration without notice. For Passage and Freight particulars please apply to

1. CONNAUGHT ROAD, CENTRAL Tel. 30331/8 Private Exchange.

50. Connaught Ad.West. 25875, 32144, 24878. Chater Rd. Cable and Wireless Bldg. 27160.

BRANCH OFFICES:

U.S. ORIENT MERCHANT LINE.

ARRIVALS

FROM

DUE

#

Abt. 28th Mar, 8th Apr.

SHIP

"NORLAGO"

EL "ANNITSA"

GALVESTON, Discharging @ Stonecutters. EAST COAST/U.S.A.

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

York' Building.

AGENTS.

"VASSILIS"

do

No household

Tel. 34165

need lack

safe whole

milk...

$2.80 per

1-lb tin under 50

cents per of 3.5% Standard MILK

#pint

NE

Pont 64%

Eastman Kodak 4534

General Electric 40%

Motors 77

Goodrich 83 Goodyear 50

Homestake Mining 45

International Harvester 264

ཝུཏྟཱ་

Paper 371⁄2

Tel & Tel 11% Johns Manville 49 Kennecott Copper 52% Montgomery Ward 584. National Distillers 234

Lead 39

New York Central 13%. Packard Motors 3% · Pan American Airways 10 Pennsylvania RR 17% Radio Corp. 14% Remington Rand 14% Republic Steel 20% Reyholds Tobacco 39% Schenley 31% Sears Roebuck 44 Socony" Vacuum-174" Southern Pacifle $2 Standard Brands 22%

"

"

Oil of Calli. 64

Oll of N. J. 69

Studebaker 30% Union Bag 294

M Carbide 43%

(Continued on. Col. 4)

NOTICE TO CONSIGNEES CONSIGNEES PER

STATES STEAMSHIP - COMPANY

5.3. "WYOMING"

renly is not quite as simple as

that,

a remull of the Australia, as December 10 general election, is governed by a coalition of the liberal and Country parties as ngainst the Labour Party.

The Liberals broadly represent people in cities and towns, while the Country Party represents farmers and wool Krowers in rural areas. The Country Party holds the balance of power in Parlament

On the cards

The Liberals, one might think, would like to increase the value

ed Press.

ICI DISMISSALS.

Swansea, March 19. Three hundred employees of an Imperial Chemical Industries fac- tory here are to be dismissed be- cause a torg standing sheet inetat export trade to India has ended,

Production of

of copper and yellow has for been exported to andiny. Vear petition with Germany and Japan. Sheet manufacturing in India has extended so langely that the country now looks after its own needs-Reuter.

Coin-

Sir Nigel Renald, British Am- bassador in Lisbon, arrived in London two days ago for consul- tations with the Foreign Office on the forthcoming talks with Por- tugal on Betra.

Until the beginning of last year, Britain had concessions for the port of Beira and the rallway leading to it from North and for which ferritories the port is the best sea outlet.

South Rhodesia and

Discussions arc planned to open in Lisbon on March 23.- --

Reuter.

NOTICE TO CONSIGNEES

Consignees per BARBER-WILHELMSEN LINE

m.v. "TALLEYRAND"

NOTICE TO CONSIGNEES

m.v. "MANGABELLA”

Having arrived Hong Kong consignees of cargo are hereby notified that all goods have are hereby notified that their been landed and placed at cargo is being discharged into their risk and expense into the the Hong Kong & Kowloon of the pound in efforts to hold godowns of the China Pro-Wharf & Godown Co's, godown down the cost of living. The vident L. & M. Ltd. where de-where it will be at consignees Country Party would obviously livery may be obtained as soon risk and subject to the Wharf's oppose a change that would re.

terms and conditions of storage. duce the income of its principals the goods are landed.

and where delivery may be supporters.

No claims will be admitted oblained. afler the goods have, left the

Damaged packages are to be godowns or fallure to attend the survey.

left in the godowns for ex- ...amination by Consignees and All broken, chafed and dam- the Company's surveyors, aged goods are to be left in Messrs. Goddard & Dourlas the godown where they will be at 10 a.m. on March 20, 1950. examined in the presence of Messrs. Goddard and Douglas on March 20,,1850, at 10 am.

(Continued from Col. 3) US Rubber 43%

Steel 31%

"

Lines 17 Westinghouse 34% Youngstown Sheet & Tube 82% Gen. Pub, Utilities 17%

Curb gainers Included Cities Service, Continental Foundry, New Jersey Zine and Royalite Oll-Associated Press,

NOTICE TO CONSIGNEES 5.8. "GATEWAY GITY”

To comply with the General Bonded Warehouse Regulations, consignees must have a Ro To comply with the General venue Officer in attendance Bonded Warehouse Regula-when damaged dutiable goods tions, consignées must have a are examined. Revenue Officer in attendance

when examining damaged duti- No claims will be admitted able goods. All claims against after the goods have left the the versel must be presented steamer's godowns, and all to the Undersigned within goods remaining undelivered Having arrived Hong Kong consignces of cargo are hereby fourteen days of the ship's after March 21, 1950 will be notified that all goods have arrival, or they will not be subject to rent.

recognised. been landed and placed at their

claims against the risk and expense into the go- No fire Insurance will be steamer must be presented to downs of the Hong Kong and effected.

Kowloon Wharf and Godown

Co., Ltd. where delivery may

be obtained as soon as the goods

are landed.

All

WALLEM & CO., Agents, Telephones 34177-9.

the Undersigned on or before March 28, 1950 or they will not be recognised.

No Fire Insurance effected.

will be

No claims will be admitted Hong Kong, March 14, 1950, after the goods have left the godowne or failure to attend the survey.

NOTICE TO CONSIGNEES Consignees per

the

4. "DENVENUE”

*

:

DODWELL & CO., LTD.

Agents Hong Kong, March 17, 1950.

NOTICE. TO CONSIGNEES

All broken, chafed and dam- aged goods are to be left in the be godown where they will examined in the presence - of- are hereby notified that their Messrs, Goddard and Douglas are hereby notified that their

M/V "LISHOLT cargo is being discharged into on March 24, 1950, at 10 a.m. cargo is being discharged into the Hong Kong & Kowloon

Hong Kong & Kowloon

Having arrived Hongkong. Wharf & Godown Co's godown To comply with the General Wharf & Godown Co's godown where it will be at consignees Bonded Warehouse Regula- where it will be at consignees consignees of cargo are hereby risk and subject to the Wharf'stions, consignees must have a risk and subject id the Wharf's notified that all goods have terms and conditions of storage, Revenue Officer in attendance,leims and conditions of storage. been landed and placed at their and where delivery may be when examining damaged duti- and where delivery may be risk and expense into the go- downs of the Hong Kong, &c; obtained.

able goods. All claims against obtained.

Kowloon Wharf & Godown the vessel must be presented to Damaged packages are to be the Undersigned within four-left in the godowns for ex-be obtained

Damaged packages are to be Co., Ltd, where delivery may as soon as the left in the godowns for Q.x- amination by Consignees and teen days of the ship's prrival, amination by Consignees and goods are landed. the Company's surveyors, or they will not be recognised the Company's

Murars. Carmichael & Clarke No claims will be admitted No fire Insurance will be ef- at 10 a.m. March 21, 1950.. after the goods have left the godowns or failure to attend To comply with the General | the survey. Bonded Warehouse Regulations. consignees must have a Re venue: Officers in attendance when damaged dutlable goods are examined,

Messrs.. Carmichael & Clarke at 10a.m. on March 25, 1930.

To comply with the General Regula- Bonded Warehouse Hors, consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined.

No claims will be admitted after the goods" have left the steamer's godowns, and all goods remaining, undelivered after, March 27, 1950 will be. subject to rent

fected.

WALLEM & CO.

Agents, Telephone 34177-8.

March 19, 1950.

surveyors,

...

All broken, chafed and dam- aged goods are to be left in the godown where they will be examined in the presence of Messrs. Goddard and Douglas No claims will be admitted on March 21, 1980, at 10 ̊ n.m NOTICE TO CONSIGNEES after the goods have left the

steamer's godowns, and all To comply with the General a/a "DONA AURORA" goods remaining undelivered Bonded Warehouse Regulations,

after March 231050, will be consignee must have a Re -Damaged cargo ex this ves- subject to rent

venue Officer in attendance sel will be surveyed at Holt's

when examining damaged duti- "All claims against the Wharf between 10 am, and All claims against "the able goods. All claims against steamer must be presented to noon on March 20, 1950, and steamer must be presented to the vessel must be presented to the Undersigned on or before consignees are requested to the Undersigned on or before the undersigned within four April 3, 1050 or they will have their representatives pre- April 7, 1930 or they will teen days of the ship's arrival, not be recognised,

#sent during the survey,ch not be recognised.

No Fire Insurance ; will be affected.

P&O B.L. E&A

COMPANIES

PENINSULAR & ORIENTAL S.N. CO.

ཥ་

PABSENGER/FREIGHT SERVİCE

LEAVES LONDON DUE HONGKONG

6th April

OUTWARDS

CARTHAGE”

“CORPU"

. "CANTON"

Balled

4th May

10th April

#th May

8th June

Via Southampton, Peri Bald. Aden. Bombay, Colombo, Penang.

HOMEWARDS

sa "CANTON"

* "CARTHAGE"

*J. "CORFU“

2. "CANTON"

sa. "CARTHAGE"

I "CORFU

Bingapore.

LEAVES HONGKUNG

18th Mar. (p.m.)

14th April

11th May

• Not June

7th July

tih Augurt

DUE LONDON

17th April

18th May

12th June

19th July

eth Asunt

6th September

Accepting Cargo for Singapore, Penang. Colambo, Bombay, Ade,

Porta Bald London,

OUTWARDA

"SHILLONG"

ma. "BOUDAN"A",

. "AHILLONE"

HOMEWARDS

M "SOCOTRATM "HILLONG"

FREIGHT SERVICE DUE HONGKONG 18th April

11th May

FROM

London & Continent.

LEAVES HONG KONG

24th April

LOAUD HONGKONG

15th April

11th May

FOR

Kube Yokohama.

FOR

London & Continent.

Assopšing Caran for Kingszorg. Pogl.& we live hates Pannas-Colazy. So, Aden, Park Baid, Geñon, Marsellim, London, Hamburk, Aam wirp & Botterdam. With Uberty toʻcall st. Bombay if Induement odert.

BULE

TANKS AVAILABLE FOR carriage OF OIL IN SPACE FOR REFRIGERATED CARGO LIMITED PASSEN- OER ACCOMMODATION.

BRITISH INDIA S.N. CO., LTD.

41 "SHIRALA"

*ma, "83RDHANA”

* "BANGOLA”

In port

Wołła 22, Mar. In port anlle 19th Mor, day 24th Mar.

from Calcutta via Ran- goun Etralia,^.

for Colewita vim Streita, from Japan.

for Calcutta vin Birgite.

from Calcutta,”‹à “Han- goon via tralls,

asil 2th Mar. for Japan.

• Thave ships hava – Refrigerated: Cargo, ipacs,

P. & O./B.I. JOINT SERVICE

*. "PEMDA”

"OZABDATM

due Zilh Mar. Sema Bomday.

rašla 28th Mar. for Japan.

due Rod Mar, from Persian Gulf, Bar

*bay^2*Strateg~~ salia Emil Mar. for Japan,

• Accepts cargo an through Bill of Lading for Persian Gulf Ports

EASTERN & AUSTRALIAN S.S. CO., LTD.

14. "NELLORE" • 'anila 10th Apr. for Manila, Rabaul,

Web

Urlabano, Bydney,' Mel bourne, Adelaida, Rington, Auckland,`Lyty:- tellon Dunedin, : Calle 'y Port Moresby If sufficient.› inducement.

Accepts cargo for New Zealand Lills of lading. ** *** ** All vessels ham liberty, to call at any portal op. or off, the couta, and the routes and saltings are subject to change, or with, or wishes-motion.

& Facilè Jaland ports on through.

· For full particulars apply to:-

MACKINNON, MACKENZIE & CO:

Telephone Nos-27721-4.

ISTHMIAN LINE

(Isthmian Steamship. Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

17th Apr,

VIA LOS ANGELES AND FANAMA.

“STEEL NAVIGATOR" “STEEL ADVOCATE”

Tanks available for Bulk Oil. ⠀

3rd May

3rd- Apr. 28th Apr.

+

SAILINGS TO SAIGON, BANGKOK & DJAKARTA "STEEL VENDOR" "STEEL VOYAGER”

·"STEEL-VENDOR”

ARRIVALS FROM, U.S.A.

Salls N. Y. Sall §.F. Due HK. Salla Salled.. - '2nd Apr. 21st Mar. 8th Apr. 27th Apr. 21st Apr. 9th May 28th May

*STEEL VOYAGER" “STEEL WORKER" -

GILMAN & CO., LTD.

*, •Tel.: 3114680497

Chiness Freight Agents:—HIN FAT & CO., LTD. Tels: 28823, 20553 &:23483.

SWEDISH EAST ASIA CO.LTD

́ARRIVALS FROM EUROPE:

v. "NAGABA”";

- Saila" for Kobo & Yakohama Ist 1.V. "HEMLAND” KIL.V. “"TONGHAI”- MY "BALI

BUTTERFIELD

WIRE,

No: Fite Insurance will be, effected.

for they will not be recognlard

my "NAGARKA" mv. "HEMLAND”

No! fire insurancd. will be |effected.::

& CO,

WALLEM & CO.,

34177-9.-

NESPRAY A NESTLE'S PRODUCT

DODWELL, È CO., LTD.

Agents

Hong Kong March 20, 1950. Hong Kong, March 18, 1950.

Hong Kong, March 17, 1950. Hong Kong, March 15, 1080,

SAILING TO EUROPE,

4th Apr.) 24th May

130

MARSEILLES, TANGI ADEN, PORT SAID, GENO

CASABLANCA, ANTWERP, BOTTERDAM," BREMEN HAMBURG, COPENHAGEN, OSLO & GOTHENBURG)

Passenger accommodation avaliablo,srajz

GILMAN & CO., LTD.

31148,