1950-03-31 — Page 12

F Paro 12

THE CHINA MAIL, FRIDAY, MARCH 31, 1980.

ROYAL ENTEROCEAN LENES

● SINGAPORE, JAVA

PORTS and

MACASSAR

**TJITJALENGKA”

"VAN HEUTSZ"*

"TJIBADANE"

SOUTH AMERICA

"BOISSEVAIN"

"STRAAT BOENDA"

"STRAAT MALAKKA”

"TEGELBERG"

9th Apr.

20th Apr.

ARRIVALS SAILINGS

4th Apr

8th Apr.

13th Apr.

21st Apr,

Only to B'pore, Penang & B. Dell

● MANILA, EAST &

SOUTH AFRICA &

10th Apr.

13th Apr.

12th Apr.

13th May

4th May

1st June

*not calling Manlia

JAPAN

"BOIBBEVAIN"

9th Apr.

"STRAAT BOENDA"

17th Apr.

"BTRAAT MALAKKA"

"TEGELBERG"

2nd May น 31st May

14th Apr. 15th May

EUROPE via MANILA

"HOOGKERK"

"RYNKERK"

10th Apell early May

8th Apr. 2nd May early June

Through

Bo/L Iuued to

European ports.

JAPAN

"HOOGKERK"

"MEERKERK"

"RYNKERK"

Agents: HOLLAND-EAST ASIA LINE

ARRIVALS SAILINGS

and MALAYA

"MEERKERK"

Mediterranean and Northern

r 7th Apr.

17th April

early May

1st May

Early June

KING'S BUILDINGSTELERBONESE 28015-10-28017

(CHINESE AGENTSTORE CONNAUGH PL(OAD, GUTLINE.311%, (25131

DE LA RAMA LINES

Sailing to New York, Baltimore, Philadelphia,

Via Japan and. Pacific coast ports

M.Y. "AGAMEMNON”

M.S. "DONA NATI”

Arriving via Manila from

23rd Apr.

4th May

Į U.S. ATLANTIC & PACIFIC COAST PORTS ?

M.V. "BENGAL”

M.S. "DONA ANICETA”

S.S. "TRAVANCORE"

duo 15th Apr.

due 3rd May duo 12th May

BUTTERFIELD & SWIRE

1. Connaught Road, C.

Agents

Tel. 30331/6

PRINCE LINE LTD.

(Trans-Pacific Servico)

[my. SILVER WALNUT

LOADING at APRIL

for

FINANCE

Hong Kong Stock Exchange

The Market is still very quiet.

B.K. GOYT. LOANS

Bich Down (1034 1940) dsb.

Lown (1948) 97.

BANKE

M.K. & 8. Blank 1410m, 1380an. Hon. Reg.) 281⁄4n. Chartered Bank £9′11/18, Mercantile Bank A. 1. 22. Bank of Eat Arts 10th.

INSURANCES

Canton Ine, 218n.

Boston Ins, 190b, 1950, 195 China Underwriters In. H.K. Fire Ina. Ex.Div, ZIGH.

BHIPPING

Bouglases 2000,

H.K. 4. Ricambionta 11m Indo Chinam (Pref.) 801A

(Def.) 200n.

Shells (ester) 03/1%n, Union Waterboats 25%,

Aala Nay, $5b, „971, „Man, DOCKS, WHARVER, GODOWNA. Tte. HK, 4 K. Wharven Ex.Div. 15%. North Polas Wharven E,ḍob. Abanghal Hongkew Wharvas 1in, ILK. Ducks 18IDA.

China Providente 12n. Bhonghal Dockyards, Cb, Wheelocks 271

HINING

Baub Hlars in.

1.1. Mines .01, n.

LANDA, HOTELĦ & DDGS,

31. & 1. fotelu 0,50%.

ILK. Land 45m.

Shanghai Lande 1.000.

Jumphrey P.TIM.

H.K. Resities 2D,

Chinese Estates Ex.lv, 124n,

PUBLIC UTILITIES

H.K. Tramways Ka.lv, 11.

13.3000

Peak Trams (01, 375.

(Now) $0.

Star Ferries #$%4×,

.C. Lighte (Old) 11.10, 11am,

พ (New) H.20n.

JL.K. Elveteles ́ 27%. 20%.

Macko Electries 200. Bandakan Light 99.

Telephones 18n.

Abanchal Gas 11⁄2n,

INDUSTRIALA

Cald, Her. (Ord.) 26.

Canton teen an.

Cementa Ex. Righie 115, 113m.

.K. Hope 10m.

Dalry Farm

STORES, Ele.

10-

Walaona Ex. Rights 29%, 284k.

1. Crawford 21 b. 21. Sinceres 5.Aub,

China Emporium 0145, **.

Bun Co., Li, BILD.

Kwong Sang Mong pcb. Wing On (H.K.) ĠEL. Wm. Powell, Ltd. Pýn.

MISCELLANEOUS

13.70A.

Chins Entertainments. Ex.Div. lin. XK. Constructions (Old) 2.400.

(New) 1.800..

Vibro ng 11. Maraman Invretmenia 9/-a. Maraman (LKĄ „Ja, Shanghal. In 1.30m. Yungtas (.

COTIONS

Ewas 2.806, 34, 2.307,80km,

RUNNER, ate, COMPANIES Alma Estates 15.

Anglo-Butch,1ớn.

Anglo-Javna In,

Bai Anamx 16n. Bulelenistions 30.

Chemor United 50. Cheng Rubber 7Bn. Consolidated Rubbers th. Daminian Rubbers 2.305, _Kota_Babror_Bob,

Kroework Java Ib. Langkala in. Itebal Rubbers 201.

Itubber Trust: 3%.

Ökmazası Rubbers „65b, Bemambu Rubbers 205, -Bhanghel Kedaha 411⁄2b.

Bhanghai-Malaya 101.

Bhanghai Pahang .006, .850. Shanghai Sumatras

60.

Be Manggis 10b.. Bongel Durts 1746, 18E Tanah Meraha 58b. Tebong Rubbern 15. Zlangbe Rubbers „50m.

LOS ANGELES, SAN FRANCISCO, PORTLAND, Money Market

TACOMA, SEATTLE & VANCOUVER.

Duc Los Angelos 25th April

JARDINE, MATHESON & CO., LTD.

18 Pedder Street

Tel. 30311

BIGGER & BETTER THAN EVER!

1950-

HONG KONG DIRECTORY

NOW ON SALE-

THE MOST - UR-TO-DATE AND MOST - COMPÉITE.

TOP ALL BUSINESS · DIRECTORIJIT IN THE COLONY I

HONG LIST

„CLASSIFIED".

GOVT. OFFICES' ·

HOSPITALS.

SCHOOLS

PRICEISIO Pár

CHURCHES

INSTITUTES.

CONSULATES

SERVICES

SALE' AT : ALL MORRIA MATE"

CLUBS

AGENCIES

WHO'S WHO

RENDENCES

LEADING

US dollars continued weak yes- terday with rates fluctuating be- tween HK$8.24 and $0.25.

TT was put through at HK$- 6.322,

$15.40 was

unchanged at as were Australian pounds at HK$12.95.

Plastres wore nominal at HKṢ- 11.80 a 100.

Ticals were unchanged at HK$- 27.50 a 100.

NEI Guilders were stationary HK$7.50 a 100,

LONDON STOCKS

AND

COMMERCE

Move for world talks on tin

Paris; March 30.

The 14-nation International Tin Study Group today agreed to ask the United Nations Secretary- General, Mr. Trygva Lio, to call an early conference to discuss a commodity control agreement on tin.

The United States opposed the move. Britain, her colonial and dependent territories, Australia, Canada, Belgium, Bolivia, Holland and Indo nesia supported it, while China, Thailand and France abstained.

The Group estimated that production would exceed con-

sumption for commercial pur- Netherlands'

poses by about 45,000 tons in 1950 and higher figures later.

It extimated unrestricted con- sumption of tin for commercial purposes at 127,000 long tons in 1950, with production in 1950 estinated at 172,000 long tons compared with 161,000 long tons last year.

The latter estimate was based on the assumption that political and social stability in the main production countries would exist.

It appeared likely, the Group agreed, that substantial tonnages of tin would be absorbed by the United States for strategic stock- piling purposes over and above the demand for commercial pur- chases.

U.S. viows

Mi. M. A. Nicholas, United Stalen

representative, told # Press conference that the United States felt that a conference was not desirable at this tinc.

They did not object to the idea

a con-

of control of tin in some form nor did they object to ference some time.

But they thought it advisable to have discussions

on a draft agreement before calling a con- ference. It may be found that a more finished document may be agreed upon than the

| draft-Reuter.

present

loan to

» Indonesia -

Jakarta, March 29, Holland has agreed to lend 300,000,000 guliders to the Indonesian Republic.

The loan came as a result of a conference of Ministers of the two nations currently meeting here, Two-thirds of the figure is for general pur posa and the balance for special objects.

Railable sources in the In- donesian capital disclosad that the conference's commilt tee on Dutch New Guines has decided to set up a commis- sion for further study,Ĥeu- ter.

Warning by labour leader

Pittsburgh, March 20, President Philip Murray of the CIO warned today that the number of United States un- employed is only 316,000 short of the danger mark set by the

STEEL INDUSTRY President's Economic Advisory

CONFIDENT

Council,

Council has said that the The national economy would be in donger when unemployment reached 5,000,000,

New York, March 29. Mr. Murray said, "As of Feb- Steel producers are expecting ruuary there were 4,084,000 un- strong demand for their pro- employed compared to 3,321,000 ducts to last into the third in February, 1040-an increase of

1,483.

added.

,000.

men.

quarter and perhaps beyond,

The labour leader, speaking Iron Age," metal working before the CIO Pennsylvania In- trade weekly, said today.

dustrial Union (Council, said the "Some steel people say frankly steel industry alone they do not know when # 18 000,000

spent

$1,500,- going to end," the publication not primarily to increase produc- on plant improvements

Optimism is being stirred by per capita production. That re- Lion but to increase profit and apparent soundness of the mar-

sults in the lay-off of kot, said "Iron Age," It added:

"Most

Thousands are being laid off to- consumers have

had day. Machine is displacing man." opportunity to build up

Mr. Murray said that organised heavy inventories. This is cited labour favours new as one reason why demand is

machinery lord likely to take a sudden nosedive, which improves man's lot-but declared. "Labour is not going The upsurge in conversion deals to at laly by to permit wide- and the entry of relatively small spread Introduction of machines consumers into these arrange to starve them to death." ments

cited as

P evidenco

Unless something is done to supporting this beller."

case unemployment, the crisi And conversion, in which con- would become more critical from gumers buy ingot steel and have day to day. In 1924 one out of rolled to their needs, is costing every 77 workers was without less these days, the trade weekly a job. Today there is one out of said. Final cost of conversion each 13." United Press. steel was placed at $50 to $65 a ton above mill prices, compared with about $100 a ton two yeara ugo when such deals their height-Associated Press.

Bre

were at|

HISPANO-DUTCH TRADE TALKS

ban

TEXTILE WORKERS IN CHINA

New York Stock Exchange

New York, March 20, Stock tradera, operated on A highly selective basis today. A clean majority of issues declined. Buyers were tempted, however, by a number of shares affected by special developments or pro- spects. The market for the most part

churned

urned up a lot of trade without making much progress in any direction. Transfers 2,090,- 000 shores--the largest in about Blx weeks.

A total of 512 issues declined and 300 advanced, Among the gminere were Nash, Kolvinator, Admiral Corporation, American

Broadcasting, National Auto, Fiber

Pacifle Gas and Electric, Baltimore and Ohio.

Stumblers Electric. Dow

included Sylvania

Jones

averages: Stocks 74.84; 20 Industrials 208.40; 15. | Rails 55,25; 10 Utilities 42.08.

Closing quotations: Adams Express 22% Alaska Juneau 3

menu American Can 118

-

Smelting 51% Telephone 164%

70%

Anaconda Copper 204 Aviation Corp, 7% Baldwin Locomotive 10% Barnsdall 52

Bendix Aviation 41% Bethlehem Steel 34%

Aircraft 27%

Boeing Air

Borden Co. 51

Borden

Canadian Pacifle 14%

J. I. CD50

4254

Chrysler 85% Colgate

444

Commercial Solvent 10 Corn Products 08-

Du Pont 687%

Eastman Kodak 40% General Electric 40% Motors 70% Goodrich 84% Goodyear 51 Homestake Mining 44% International Harvester 201⁄2

Paper 38% Tel & Tel 13%

Johns Manville 40% Kennecott Copper 50% Montgomery Ward 544 National Distillers 231

Load 40

New York Central 12% Packard Motors 84

Pan American Airways 91⁄2 Pennsylvania RR 1744 Radlo Corp. 17%

Feel

Silk 11.

Rand 13%

Steel 20 Tobacco 38

Schenley 304 Sears Roebuck 44% Shell Oil 39

Socony Vacuum 17 Southern Pacifle $25 Standard Brands 23%

Oll of Calif. 00%

11 Oll of N. J. 69% Studebaker 29% Union Bag

29

Carbide 44%

US Rubber 41

Steel 31

Lines

18%

Westinghouse 34%

Youngstown Sheet & Tube 81 Gen. Pub. Utilities 17% Bonds were mixed.

Among Curb gainers were Fairchild Engine, Technicolor, National Fuel Gas and Louisiana Land---A530- ciated Prost

POSTAL SERVICE BETWEEN CHINA AND INDIA

San Francisco, March 29. Peking Radio reported tonight India and Communist China will that the postal service between

be resumed.

The resumption

will cover letters, postcards, trade contracts, printed matter and samples of

San Francisco, March 20. Women workers in China's tax- tile industry are to be given more responsible positions, Peking Radio reported tonight. The Hague, March-29.

would be drawn more and Preliminary negotiations

They tween Holland and Spain for a ning of textile mills, the Radio

more

into the administrative run- new trade agreement ended here added.. to-day.

They had lasted six days. The

Special attention would be paid negotiations will

to their cultural and technical ad- Madrid next May. The leader of would be promoted,

continue in vancement and capable workers the Spanish delegation here was Don Marlano de Yturralde Or-workers in China

Seventy per cent of all textile

The resumption of parcel post| ого besoso, the Director-General of The industry has some 4,000,000 resumed at present.—Reutor.

women. and other services will not be the Spanish Foreign Affairs Ministry

spindles-Reuter,

Reuter.

SHIP WRECKED

Naples, March 20.

The port authorities at Vibo

NATURAL GAS

IN CHINA

commodities.

JAP. ENGINES FOR THAILAND

London, March 29. Japanese bonds led a minor rally on the London Stock Exchange today with rises in both German and British securities. Japanese

San Francisco, March 29. 1907 bonds closed at 444, up 1%. Valentia in Calabria received afgineers sent out by

Teams of geologists and en-

Tokyo, March 30. The 1910 series climbed one, report today that the Israel!

the State- According to trade circles hera closing at 331⁄2, and the 1930 series steamship Merkur had been owned China Oil Company are today, negotiations are going on closed at 61, up 1%.

wrecked off the Southern Italian now studying geology in the vast for the export of 50 steara loco- German fives gained, closing const

arca

South of the Lower Yangtse motives, 75 passenger cars and at 20. -Gilt-edged, shares. were The report said that in

that 10 of the River where natural gna gushes | 500 freight cars to Thailand, t higher. Textiles and brewer- crew of 17 had been saved by

from

the ground in many places, The contract, totalling ; UB94,- les gained in late trading after a rescue boats from Vibo Valentia,

Peking radio said tonight.

200,000, is expected to be con- dull forehoon.

The Merkur began sinking while Using modern equipment," the cluded within several days. Financial Times' index 105,5- en route from Messina, Sicily, to teams are working to dlicover These sources said the rolling Associated Press,

Genoa, The spot where the ship whether reserves of natural gas stock transaction will, aid in wreck occurred was given as a

are enough to be exploited on a increased Japanese purchases from point between Capo Palinuro and large scale for Industrial use. The Thailand, which § present are. Vibo Valentia, directly opposite werk might also result in the imported by FO Á's adverEG Cape Sughero.—United Press,

discovery of oll-Reuter,

trade balance wit that country, oximated at US$29,000,000 Reuter,

s

NY RUBBER

Now York. March 29,

· Crude rubber, No. One futuros closed unchanged to Ave higher. Sales were 32 contracts.

May

39-20.13 ", July 19.30 pld September

Spot No: "Ond ribbed smoked shoots 10-14 nominatocitet Press,

"Bolgrade,

The Presidium of the

National Assembly

prot Vtion" compi

Turkiah' asseta iza

protocol was dobetudert in Ankara

¿January: P/United Press, 2

SHIP MOVEMENTS

Baghdad, March-29.

Washington, - March 20. · The Truman administration suf- |fered, another - netback in ita

foreign aid programma: today A fi-ntan Pakistan commer when the House of Representa» mission arrived here today for Beraktives

Add oermark [one] seven-day study of: trade, and

pari ra- | 'açonomia conditions, in- Iraq,

läne of] ---Kouter.!

San Francisco, March 20. Ship arrivals, Pamanset from

Marchien

AMERICAN. PRESIDENT LINES

The Global Fiest

TO HONOLULU & SAN FRANCISCO

via JAPAN

"President Cleveland",

"General Gordon" "President Wilson"

„Arr. Apr. 13. .Arr. Apr. 28 .Arr. May 2

Salls Apr. 14

Salls Apr. 2D

Sails May

TO SAN FRANCISCO & LOS ANGELES

"President Harrison" "President McKinley"

via JAPAN

........Am. Apr. 4

...Arr. Apr. 13 ·

3

Salle Apr.

鼈

Salla Apr. 13

TO NEW YORK, BALTIMORE & BOSTON. via PACIFIC COAST & PANAMA

"President Johnson" "President Fillmore"

.... Arr. Apr. 15

Sails Apr. 16

Arr. May 13

Balls May 14

ROUND THE WORLD

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

Salls Apr. "President Buchanan"

Salla Apr. 18

5 .... A. Apr. ....... Arr. Apr. 18 TO JAVA & STRAITS

...Arr. Apr. ́ ́8

"President Fillmore"

St. George's Bldg.

+

7

Salls Apr. Tel. 28172/5.

BEN LINE BENDLI

SHIP "BENLAWERS" "BENVANNOCH" "BENATTOW" "BENNEVIS" "BENCRUACHAN” 1"BENWYVIS"

"BENCLEUCH" "BENYORLICH" "BENARTY"

"DENMACDHUI" "BENALDER"

"BENATTOW" "BENCLEUCH" "BENMACDHUI"

"BENNEVI8"

・FREM THE

ARRIVALS

FROM

.K.K. via Bingapore.

SAILINGS

London, Rotterdam,

• Huit.

DUR

IN PORT

1st Apr.

on or abt. 17th Apr.

Antwerp, Hamburg

Génos, Liverpool, Avon-

Ganda,

+

20th Apr. 50th Apr.

May

11th May 27th May

6th June

11th June

26th June

Loading on or abé.

21st Apr,

15th May

15th Juna

mouth, Le Havre, & Hamburg.

25th Apr.

Avonmouth,

3rd Apr.

London, Rotterdam,

12th May

Hamburg & Hull,

10th June

"BENLAWERS"...

3rd Apr.

"BENCRUACHAN"

Liverpool,

Glasgow,

3rd May

"BENVORLICH"

Dublin, Havre, Ant-

80th May

“BENALDER".

"BENVANNOCH" "BENWYVIS" "BENARTY”

werp Rotterdam.

29th June

Via Malaya, Colombo, Port Sudan, Aden, and Suez Canal.

t Accepts Cargo_for_Japan.

For Further Particulars, Apply To--

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

York Building.

Agents

Telephono: 34105.

THE EAST ASIATIC CO., LTD.

M.S. "KVERNAAS"

LOADING 1st APRIL

for

ADEN, PORT SAID, TRIESTE, ĜENOA, 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. 36111 & 34112

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, In 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. “BOUGAINVILLE”

$30th Apr.

M.S. SUNNYVILLE” ~.

:30th May

ARRIVALS FROM PACIFIC COAST

M.S. “SUNNYVILLE”. M.S. "FRANCISVILLE”

May

Salling to Singapore, Port

Accomm ANGE

Penang & Batavia

ALLE"

HOC