1950-03-29 — Page 12

[ Pago 13.

† THE CHINA MAIL, WEDNESDAY, MARCH 30, 1950..

ROYAL INTEROCEAN

LINES

● SINGAPORE, JAVA

PORTS and

MACASSAR

"TJITJALENGKA"

"VAN HEUTAZ"*

"TJIBADANE"

ARRIVALS SAILINGS

4th Apr.

9th Apr.

8th Apr.

13th Apr.

21st Apr.

Only to S'pore, Penang & D. peti

● MANILA, EAST &

26th Apr.

SOUTH AFRICA &

SOUTH AMERICA

"BOISSEVAIN".

10th Apr.

"STRAAT BOENDA"

13th Apr,

"STRAAT MALAKKA"

4th May

#TEGELBERG"

13th May

1at June

JAPAN

"O18ƉEVAIN"

9th Apr.

"STRAAT BOENDA"

2nd May

"TEGELBERG"

31st May

17th Apr. 14th Apr. 15th May

EUROPE via MANILA

"STRAAT MALAKKA"

Agonts: HOLLAND-EAST ASIA LINE

and MALAYA

"HOOGKERK”.

"MEERKERK"

ARRIVALS SAILINGS

10th April early May

6th Apr. 2nd May early Juno

Issued to

Mediterranean and Northern

"AYNKERK"

Through B1/L

European porta,

JAPAN

"HOOGKERK"

"MEERKERK"

"RYNKERK"

1st May Early Juno

KING'S: BUILDINGS TELEPHONES). 28015

5th Apr.

17th April Garty May

10:18017

CRINESE, AGENTS: 12, CONNAUİGİTE, JAD, C.

TOUN IE8%, 25111

AMERICAN PIONEER LINE

to and from

Atlantic Coast Ports of

the United States

and Far Eastern Parts

NEW FAST CARGO SHIPS.

ARRIVALS FROM ATLANTIC

"PIONEER SEA"

"PIONEER COVE"

SAILING TO MANILA.

"PIONEER SEA"

FINANCE AND

COMMERCE

ORIENTAL COUNTRIES HUNGRY TO BECOME SELF-SUPPORTING

Hong Kong Stock Exchange

Rates vary a lot and aro scarcely maintained. There was a little more business done yes- terday, though at best would not keep a brood of chickens very long.

M.K. GOVT. LOANS 4% Loan Dr.

31% Loan (1934 % 1940) 98b, 31% Loan (1948) 97ln.

BANKS

H.K. & S. Bank 1400s.

(Lon. Reg.) £81in. Chartered Bank £9 11/16n. Merchantile Bk. A. & B. £229n. Bank of Fast Asla 1046.

INBURANCES

Canton Ins. 31ön.

Union Ins. 590b.

China Underwriters 5n.

H.K. Fire is Ex. Div. 213n.

SHIPPING

Douglases 2000.

H.K. & M. Steamboats 11n. Indo Chinas (Pref.) 89in.

(Del.) 2001.

Shells (Bearer) 60/3n.

U. Waterboats 25s.

Asla Nav. JUN.

Docks, Wharves, Godowns, Etc. H.K. & K. Wharves Ex, Div. 95s. North Point Wharves 5.000. Shanghat Hongkow Wharves 16n. H.K. Docks is.

China Providenta 12n. Shanghai Dockyards 4b. Wheelocks 27h, 20/2030.

MINING

Roub Mines 5¡n,

H. K. Mines 012n.

Lands, Hotels & Bidos. H. & S. Hotels 0.70%. H.K. Lands 45n. Shanghat Lauds 1.40b, Bisa. Humphreys 0.805. iLK. Reailles Zn. Chinese

Estates Ex. Dly. 124n. PUBLIC UTILITIES H.K. Tramways Ex. Div. 13.sa.

Trams (Old) 17b.

(New) Bb. Star Ferries 8318.

Peak

Apr. 10 Apr. 28.

Apr. 11

"PIONEER COVE" (via Yokohama, Takubar) Apr. 29

SAILINGS TO NEW YORK. BOSTON, BALTIMORE, PHILADELPHIA vin

JAPAN & PANAMA CANAL

"AMERICAN REPORTER' Arr. Apr. 3 Salls Apr. 5

'PIONEER LAKE"

"PIONEER WAVE"

via Taku Bar...

高管

Apr. 10

21

Apr. 12

Apr. 19 " Apr. 21

For rates, special information call

UNITED STATES LINES

Queen's Bldg.

COMPANY

Tel. 28106

The ahora lat tadicates the principal parts of loading and dlichargs

sa presently. Intended, but pet their rotation. For further infermar

Hoz son schedule at the Company's Often

DE LA RAMA

LINES

Sailing to New York, Baltimore, Philadelphia,

Via Japan and Pacific coast ports

M.V. "AGAMEMNON"

Arriving via Manila from

.23rd Apr.

*U.S. ATLANTIC & PACIFIC COAST PORTS

M.S. “DONA NATI”

M.V. "BENGAL”.

M.S. "DONA ANICETA”

In Port due 15th Apr. duo 3rd May

BUTTERFIELD & SWIRE

Agents

1. Connaught Road, C.

Tol., 30331/8

PRINCE LINE LTD.

(Trans-Pacific Sorvico)

SILVER WALNUT

LOADING THE APRIL:

For

LOS ANGELES, SAN FRANCISCO, PORTLAND, TACOMA, SEATTLE & VANCOUVER,

Duo Los Angeles 25th April

JARDINE, MATHESON & CO., LTD.

18. Fodder S

C. Lights:

(Old) 11.20b, 1130sa. (New) 0.40s, 8.20sa. HI.K. Electrica 275. Mucho Electrics 20n. Sandakan Lights 8in. Telephones

Shanghai Gas lin.

INDUSTRIALS

| Cald. Macg. (Ord.) 25ận.

Canton Iceɛ 3in. Cements Ex. Rights 11b, 11isa. II.K. Ropes Ex. Div. 14n.

STORES &c,

Dairy Farms 3925. Waisons Ex. Rights.28is, 28sa. -L.-Crawfords-21jb,-311/jsa,—

Sinceres 3.800.

China Emporium 91b. Sun Co., Ltd. 21b. Kwong Sang Hong 95h. Wing On (HK.) (62b. Win. Powell, Ltd. in.

MISCELLANEOUB China Entertainments Ex. iv. 153. H.K. Constructions (0) 2.40n.

(N) 1.300. Vibro Filings 113m

Marsman, Dyesnients 9/-n. Maraman, (HK) 75n. Shanghal Loun 1.3011. Yongiszes 45, 3.60sa.

COTTONS

Ewas 2.85b, 3/2.90sa.

RUBBER, etc. COMPANIES. Alma Estates 13160. Anglo-Dutch 30n.

Anglo-Javas in.

Batu Arams 100. Bute Plantalons .45n. Chemor United .306, .855a. Cheng Hubbers .15b. Consolidated Rubbers 2b, Dominion Rubbers 1.30n. Kota Bahroe .50b, Kroewock Javas .13b. Langkala In.

Repub Rubbers 2011.

Rubber Trusta 29n. Samagaga Hubbers .05b. Semambu Rubbers“ „206. Shanghal Kedahs 41b. Shanghal-Malays 10.-n. Shanghal Fahang .6. Shanghal Sumatres .008. Sua Manggis .10b. Sungei Durls 17b, 18sa, Tanah Meraha 155b. Tebong Rubbera ‚15b, Zlangbe Rubbers .300.

WYRADE

Washington, March 27.

An American infornational rehabilitation export said today that Oriental countries are hungry to become a self-supporting trading unit. He said this can be accomplished if the United States establishes a foreign trade revolving fund for the movement of goods among those nofions.

The statements were made by Mr. Stanley Andrews,

Director of the Agriculture Department's foreign relations, who has returned after a survey of Far East nations seeking ways to stimulate intra-Orient trade and remove the area from dependency on U.S.,aid.

Mr. Andrews made the survey with Mr. Robert West, Deputy Undersecretary of the Army directing occupied areas,

The survey was made on be- half of the Army's economic division.

The Army, although primarily concerned with restoring Japan's self sufficiency, now is seeking methcils of restoring the economy

of the entire Far East,

Mr. Andrews and Mr. West are

Malayans condemn

Red action

Kuala Lumpur, March 27.

New York Stock Exchange

New York, March 27. A boom in radio-television issues was cut short today by profit-taking. Early advances running up to nearly four points were more than cut in half by the close, and there are some losses within the group,

The rest of the market wOS under pressure most of the day and ended with losses of fractions to more than a point. Trading volume

VGA nearly 2,000,000

shares.

The early forward rush in radio-television was a continua- tion of last week's splurge in that section resulting from good earn- Ings reports and high hopes for future sales,

AMERICAN, PRESIDENT LINES

The Global Fleet

TO HONOLULU & SAN FRANCISCO

via JAPAN

"President Clevoland" "General Gordon" "President Wilson"

Arr. Apr. 13 Arr. Apr. 28

Arr. May 2

Salla Apr: 143 Saila Apr. 29 Salls May ANGELES

3

22

Salls Apr. A

TO SAN FRANCISCO & LOS

via JAPAN "President Harrison" ........Arr. Apr. 4 "President McKinley" .............Arr. Apr. 13 Salls Apr. 13 TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA

"President Johnson” ......................... ÄTMr. Apr. 15 "President Fillmoro" ........Arr. May 13

ROUND THE WORLD

Salls Apr. 16 --

Sails May 14

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, 'ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON "President Monroe"

.Arr. Apr. G Sails Apr. "President Buchanan"

Arr. Apr. 10 Soils Apr. 18

Dow Jones averages

Stocks ....

74.02.

"President Fillmore"

St. George's Bldg.

TO JAVA & STRAITS

.......... Arr.. Apr.

8*

20 Industrials

209.10.

$4.80.

10

Utilities

43.14.

March 27

Adams Express

15 Rails

Alaska Juneau

American Can

American Smelting

American Telephone

Leading Malayan trade American Tobacco unionists today strongly con- American Waterworks demned the British Communist Anaconda Copper

Aviation Party's call to dockers to ban Baldwin Locomotive

Corp.

making their recommendations to

the handling of war materials Barnsdall the Army Secretary Mr. Gray, for Malaya.

Bendix Aviation The Army is not immediately re- Mr. บ Narayanan,

newly Bethichom Steel vealing the nature of the recom-elected President of the Malayan Boeing Aircraft mendations,

Trade Union Council, said that Borden Co. as a trade unionist he completely Car

Canadian Pacific However, they will be of broad disagreed with the British Com-

J. I. Case scope, viewing 88 a unit the area munists statement describing the Chryster from Jepun to India and out-prefent terrorism in Mulaya as a Commercial Solvent lluing recovery methods from au liberation movement. overall viewpoint. Economic trou- It was plain bandiiry and trade) Corn Products bles of individual nations will be unionists ́in Malaya looked on Du Pont

terrorists considered only as part

of the Communist

J

skulking Eastman Kodak overall picture, with no country in the jungles as enemies of free- General Electric receiving consideration

Motors at the doni, expense of others.

Countries included In this survey for American relief and rehabilitation are India, Paki"-| tan, Gaylen, Burma, Thalland, the Federat Malay States, In- doncals, Indo-China, the Phlip- pines and Japan,

HK to be included

It is understood that Singapore and Hong Kong also will be in- cluded in this vast trading aggre- gation, although they are not possible recipients of Americani assistance,

China also is being considered on the basis of if and when poll- tical conditions there permit her le become part of the envisioned Orient-wide trading area.

11

"But for their

Goodrich campaign OF murder, arsan. and

terrorism, Goodyear is country could have achieved Homestake Mining real progress both economic and International Harvester social after the war," Mr. Nara-

Paper Tel & Tel yanan suid,

Another leading trade unionist. Johns Manville tersely commented, "If British Kennecott Copper Communists consider that we are Montgomery Ward being liberated by their 'friends National Distillers

Lead in the jungle, we have had enough New" York Central

of the kind of liberation."-Reu- ter.

Conference on

oil begins

London, March 27.

Packard Motors

Pan American Airways

Pennsylvania RR Radio Corp. Republic Steel Reynolds Tobacco Schenley

Sears Roebuck Shell Oil Southern Paclic Socony Vacuum Standard Brands

Carbide

A Commonwealth conference on oil began here today. The conference was believed to be discussing the problem of how Although the investigators at much oil the sterling area Studebaker "present" are silent on their con- aliould-in-future-buy from Union Bag clusions, it is understood that dollar sources. The "London) they consider Japan capable of talks would thus be comple- US Rubber being the industrial heart of this mentary p the Washington oll Sicel trading empire, with the other discussions between British and, Westinghouse nations supplying the foodstuffs United States representatives. and raw materials among them-i selves and exchanging with Japan (or the latters manufactures.

B

At the

627

2334

07

11

Oll of Calif.

N. J.

30

2014

201

44%

32

18

344

81

174

Liner

thority to combine all Orient old gish and a son talks, Bri-i minum Company' of America and

The conference here was ex- Gen. Pub. Utilities pected to last several days. The The buying of rall loans pulled Commonwealth talks are on the the bond market a little higher: It was authoritatively learned official, not the Ministerial, level. Curb market prices were mixed

The delegates

have

either come with trading moderately active. that President Harry Truman's

from the Dominions for the pur- Among higher issues were are studying pose or are economic advisors

from the stafis of Singer Manufacturing and Creole the advisability of asking Con- the High Commissioners here. Petroleum. Losers included Alu- gress to give the President

delegates have Electric Bond and Shares. —- As- programmes into one overall fund been trying to find ways of sociated Press.

the President may reducing the dollar drain involved in Britain's oil buying without dis- criminating unnecessarily against: Mr. West and Mr. Andrews American of companies.-Reuter. are silent on this possibility, but] If it should become a reality, it seems assured that it would

for use as direct.

.

funds

HOUSE TO DEBATE SERETSE'S CASE

supply trade stimulation wherever needed in the Orient. And this stimulation is what Mr. Andrews said he believed desirable.

Included in the possible overall fund would be monies the United; But there will be no vote on States at prosent is pouring the British Government's conduct separately into Japan, Korea, the of the negotiations with Seretse. Philippines and elsewhere in the It had been expected that the Orient..

debate would take place after normal business (on a motion for Mr. Andrews said his tour of the adjournment; on Thursday these nations revealed that each night. was desirous of trading with Liberal Members will raise the others and also of receiving Jap-matter and Labour critics of the Алес manufactures-Associated] Government are likely to speak.

-Reuter.

London, March 27.

will The House of Commons WELL

debate the case of Seretse Khama, claimant, to the. Bamangwato chieftainship, tomorrow,

| Prèss.

Pacific Far East Live Juc

Fast Regular Trans-Pacific Service

DIRECT

SAN FRANCISCO, LOS ANGELES

Ben Francious.

OVERLAND "NEW YORK-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL, AMERIDAN & CANADIAN CITIKE.

Money Market

US dollars opened yesterday at HK$0.24% and closed at $0.2014. The drop has been arrested but the undertone remained weak.

TT opened at HK38.31 and closed at $6.32.

Sterling went up 20 cents to HK$13.45.

Australian pounds, on the other hand, dropped 10 cents to HK$- 12.65.

Plastres were nominal at HK$- 11.80 a 100, Ticals dropped 80 cents to HK- 27.50 a 100.

NEI Guilders, after opening at HK410.80 a 100, was marked nominal at $10 in the afternoon.

+

San Francisco, March 27,

· Poking: Radio reported tonight the return to Peking of the Som viet Ambassador, Wr. N. Roshchin, and Mrs. Roshchin.-- Reuter.

NOTICE TO CONSIGNEES

8,8, "PATROCĽUS".

Damaged cargo. ex this vessel will be surveyed al Holl's Wharf Between 10 am. and noon on March 30 and 31,. 1950, and consignees are re- |quested to have" their repre- sentatives present, during tho Aurvey

SWIRE,

$1080

*

7

D

Sails Apr.

Tel. 28172/5.

BEN LINE

CHIP "DENLAWERS" "DENVANNOCH" "BENATTOW" "BENNEVIS"... -"BENCRUACHAN”

"DENWYVI8” "BENCLEUCH" "BENVORLICH"

"BENATTOW" "BENCLEUCH"

"BENVANNOCH" "BENNEVIS” *“BENWYVI8"

"BENLAWERS" "BENCRUACHAN" "BENVORLICH”.

ARRIVALS

FROM

«U.K, via Bingapore,

SAILINGS

QUE

31st Mar,

1st Apr.

on or abt, 17th Apr.

N

20th Apr.

London, Fotterdam, Hamburg

80th Apr.

9th May

11th May

27th May

Loading on or abt.

Antwerp,

21st Apr.

16th May

Avonmouth,

3rd Apr.

Rotterdam,

28th Apr.

12th May

Liverpool,

Glasgow,

Sed Apr.

Dublin, Havre, Ant.

Brd. May

30th May

Hull,

Gencs,

London,.

· Hamburg & Hall,"

werp & Rotterdam.

Via Malaya, Colombo, Port Budan, Aden, and Suez Canal, #Accepts Cargo for LE HAVRE,

For Further Particulars, Apply To-

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

York Building.

Telephone: 34105.

THE EAST ASIATIC CO., LTD.

M.S. "KVERNAAS”

LOADING 31st MARCH for

ADEN, PORT SAID, TRIESTE, GENOA,

ANTWERP, ROTTERDAM, HAMBURG, OSLO,

GOTHENBURG & COPENHAGEN

Tanks avallable for the carriage of oll`in bulk.

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

Tel. 34111 & 34112

KLAVENESS LINE

SAILINGS AN

--Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE" Loading/Salling 30th Mar

S30th Apr. M.S. “BOUGAINVILLE",

21st Apr.

ARRIVALS FROM PACIFIC COASTE M.S. “SUNNYVILLE” M.S. FRANCISVILLE,

Sailing to Singapore, Port Swel

* Penang & Batavia

M.S. "SUNNYVILLE”

Passenger Accommodation TO LOS ANGELES ONLY Chinese, Freight, Agants,

HOO FOOK PING

Huilding, Tel. 27782 THE BANK

22nd May

Bulk Oll Tanks

IKILINI

LINE