1950-04-17 — Page 9

THE CHINA MAIL, MONDAY, APRIL 17, 1930.

Palle V

BUTTERFIELD & SWIRE

CHINA NAVIGATION CO., LTD.

"PRODUCE"

"HUPEIL"

"SHENGKING"

"ANHUI"

"FUKIEN" .....

· “SHIANSI”

"SHENGKING”

"FUKIEN"

"NEWCHIWANG"

"HUNAN"

"SHANSI"

"WUSUEN"

SAILINGS TO

Sibu

Inchon & Tientsin. Keelung

Singapore, Penang &

Belawan

„Keelung, "Yokohama,

3 p.m. 17th Apr.

5 p.m. 18th Apr."

5 p.m. 18th Apr."

3 p.m. 10th Apr,

Nagoya, Osaka & 'Kobe

Bangkok

5 p.m. 21st Apr. 24th Apr,

ARRIVALS FROM Keelung

Salls from Custodian Wharf.

.Indonesin & S'pore.

.Bangkok

Tientsin & Tsingtao Kobe

RIVER SERVICE Hongkong/Macao Dept. Hongkong

p.m. 16th Apr.

11 a.m. 17th Apr.

7 a.m. 18th Apr.

a.m. 18th Apr. 20th Apr.

Macao/Hongkong

Arr. Hongkong

2 p.. daily except Wed.

7 a.m. Tues., Wed.,

Fri. & Sat.

5 p.m. Sunday

& Sun.

BLUE FUNNEL LINE

Scheduled Sailings to Europe via Adon & Port Said, "ANTILOCHUS"

.. Grnon,

Marseilles,

Liverpool, &

Glasgow

"AUTOLYCUS" ... Liverpool....

"CLYTONEUS“ ....Genon, Marseilles,

25th Apr.

7th May

Liverpul, Dublin & Glasgow

25th May

ARRIVALS FROM

"MENTOR"

U.K. via Straits ...

21st Apr.

"CLYTONEUS”

UK. &

Rotterdam

via Straits

28th Apr.

"MEMNON"

3rd May

6th May

ILK. via Straits

& Munita

11th May

UK, vin Straits &

14th May

14th May

& Manila

UK. via Straits-

TYNDAREUS" ... UK. via Straits

"ASTYANAX"

"MENESTHEUS"

"PYRRÐUS"

Bangkok.

U.K. via Straits.

Carriers option to proceed vin other poris to

load & dischargo cargo.

AUSTRALIAN ORIENTAL LINE LTD./CHINA

NAVIGATION CO., LTD. JOINT SERVICE

"SINKIANG"

"ANKING"

"CHANGTE"

"CHANGTE"

Jupan

Japan

Sydney & Melbourne .Sydney & Melbourne ARRIVALS FROM Sydney, Brisbane. Manila Colrus &

"CHANGTE"

SAILINGS TO

"SINKIANG"

. Australia

"CHANGTE"

"ANKING"

Japon

Japan

27th Apr. 4th Week Apr.

4th May

15th May

23rd Apr. 4th Week. Apr. 12th Apr. 1st May

All the above suhiret to alteration without notice. For Passago and Freight particulars please apply to

1. CONNAUGHT ROAD, CENTRAL

Tel. 30331/8 Private Exchange.

-50. Connaught Rd. West. 25875, 32144, 24878. BRANCH OFFICES

Chater Rd. Cable and Wireless Bldg. 27160.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

BRITISH INDUSTRIES FAIR MAY 8th MAY 19th, 1950, EARL'S COURT, LONDON, S. W. 5.

Visitors from the East to the British Industries Fair are

cordially invited to cali at

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

STAND NO. 08.

British Industries. Fair,

Earl's Court,

LONDON, 'S. W. 5.

at which the following facilities will he available

GENERAL BANKING INFORMATION, ENCASHMENT OF TRAVELLERS' CHEQUES AND LETTERS OF CREDIT, INTRODUCTIONS TO EXHIBITORS AND THE TRADE;

SECRETARIAL FACILITIES ETC.

Further information mpy be obtained at the

HONGKONG, OFFICE

of.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

FINANCE AND

COMMERCE

China's economic future

bright, Peking declares

N.Y. Stock Exchange

New York, April 15.

topic the Heavy profit-taking

radio-tele- starch out of some vision. stocks today.

Son Francisco, April 15. Businessmen in China's big cities, such as Shang- hai, are facing difficulties but the economic future of the country is nevertheless bright as there are various pointers, to show that the present difficulties will be surmounted by the Communist Government.

This was the view expressed by the "People's Daily," "Communist Party organ in Peking, and carried in a New China News Agency broadcast picked up here.

the

Fresh strength developed in the television group after opening The newspaper blamed what saveral, big cities were, facing losses running around two points it called the "Imperiallat Powers, great dimculties, the newspaper and most of the declines were the landlords and tho bureau-dalmed that the shaky condition

"pre-of these industries was wiped out. Toward the end steratie capitalists" for the

due to the twe-hour session, selling sent chaotle economie conditions" original establishment on an un pressure increased and televisions in China, especially in places (sound basis.

Another contributing factor. worked their way into the minus like Shanghai,

Giving a brighter side of the the newspaper alleged, was column.

On Friday, television issues took picture, the newspaper pointed exploitation undertaken by the off on a spectacular rise runs out that the supply of various "Imperialist Powers, the feudul to an extreme of more than eight commodities is increasing This ists, landlords and the bureau-

is most apparent in the big cities cratic capitalists."

the food

19 shortage where

bust The newspaper, warned nessmen in the big cities that fundamentally non-existent.

Major population

they should hereafter build well as medium-sized cities have their business in an hopcat way, It promised that the Govern- niready solved the food problem, Turn-

Furment would utilise well the the newspaper continued. thermore, commodities,

ns capital accumulated

through cotton, cotton yarn, cotton cloth, faxation for the reconstruction of coal and other daily necessities China and for the beneft of the are abundant and more than met people.-Reuter, consumption, needs.

points.

Elsewhere, prlees were trimmed over a brond front, losses piling up to a point or so.

Business was the biggest for short session in months,

nver

for the two hours hovered around 2,300,000 shares.

bit higher at the close were Admiral, Avca, International Telephone and American Cable.

Radio Corporation remained unchanged. Zenith lost two

Points and susafler declines noted Philco, Maganvox and Sylvania.

Losers included United States Steel, Bethlehem, General Molors, and Douglas

Aircraft.

la

Stocks

15

Dow Jones averages: 70.08; 20 Industrials 214.40; Rails 55.18; 10 Utilities 42.90.

Closing quotations:

Adams Express 217%

Alaska Juneau 3. American Can

Anaconda

177

Smelting 51% Telephone 155

Tobacco 70

Waterworks 11% Capper 2912

Aviation Corp. 8

84 Boldwin Locomotive 10% Barnsdall 51% Bendix Aviation 42%

Bethlehem Steel 3524

Aircraft 28

Borden Co. 51%

Canadian Pacife 10 J. I.. Case

41% Chrysler 074 Commercial Solvent 17%

Corn Products 07

Du Pont 7352

Eastman Kodak 48% General Electric 48%

Motors 80

Goodrich 87% Goodyear 52% Homestake Mining.43%

(Continued On Col. 4)

NOTICE TO CONSIGNEES

“M.V.”“AUTOLYCUS”

a.m. апа

Damaged cargo ex this vessel will be surveyed at Holt's Wharf between 10 noon on Aprili 18 and 19, 1950, and consignces are requested to have their representatives present during the survey.

BUTTERFIELD & SWIRE,

Agents.

Hong Kong, April 17, 1950.

NOTICE TO CONSIGNEES

CONSIGNEES PER STATES STEAMSHIP COMPANY

S.B. "CALIFORNIA”

are hereby notified that their

ex-

centres

Prices drop

such

an

ม

it is also pointed out that prices throughout Communist. occupied China were dropping with the result that the com. modity price index lasured March 29 was 20 per cont less than that of March-1 and Jur under 100 per cent higher than that of December, 1949.

and

DI

The fact that people are put- ting more money in hanky that interest rates have been re- duced are notable examples the Improvement In the generat economic picture, the newspaper maintained,

Noting that

industries and commercial undertakings- In

most

(Continued from Col. 3) International Harvester 20%

Paper 30 Tel & Tel 15 Johns Manville 49 Kennecott Copper 61% Montgomery Ward 54% National Distillers 2312

Lead 40%

New York Gentral 13% Packard Motors 3% Pan American Airways 9% Pennsylvania RR 10% Radio Corp. 21 Remington Rand 12

Steel 26%

obacco 38% Schenley 32%

Scars Roebucks 45 Shell Oll

Socony Vacuum 17 Southern Pacific 52% Standard Brands 23%

Oil of Calif. 65%

" Oll of N. J. 7176 Studebaker 30% Union Bag 20

Carbide 40% US Rubber 42%

» Steel 31%

31 Lines 15 Westinghouse 34%

Youngstown Sheet & Tube 80% Gen. Pub. Utilies-17 Corporate bonds moved

rowly.

Argentina

wants Jap farmers

Washington, April 15.

up

Singapore trading with Japan

Singapore, April 15. Singapore traders today aç- quired from the Government quotas totalling $10,000,000 (Straits currency) for imports from Japan under the 1949-50 trade agreement between Japan and the sterling area.

Purchases under these quotas must be completed before June and shipped from Japan within six months of the dates licencos are issued.

The quotas complete the dis- tribution of total allocation made to Singapore under the jagree- mont.

Goods allowed to be imported are toxtiles, steel and other building materials, cement, food- stults and sundry goods. Textilen take up the biggest share of the quotas.

Tokyo despatch said a Malayan firm has contracted to supply the Japan Steel and Iron Manufacturing Company, Japan's major steel producer, with 300,- 000 tons of iron

ore before the end of August.

A Japanese steel executive said the Eastern Mining Metal Com- pony in Malaya has agreed to B proviso that Japanese bottomg curry 50 per cent of the total official au- shipment-subject to on thorisation for Japanese vessels to enter Malayan waters.

The executive declared that 60 per

bo cent of

will the ore

Iron allocated to the Yawain Works and the remainder to the Hirphata,

Komnaishi und the Wanisht plants of the Japan Slee Manufacturing Company-United Press.

Cuban sugar output

The Argentine government would like to have some Japanese rice farmers to cul- tivate rice fields of Corrientes North of Buchos

Havana, Cuba, April 15. province,

to

sugar production reports Aires, according

running ahead of last year but published here.

trade experts say the year's total Argentine authorities are quiet-crop will be smaller.

first

rate

Cuban

by seeking such Japanese farmers,

The Cuban Sugar Institute re- say the reports, which continua ported production through March that it is likely that som

31, was 3,538,542 Spanish long Japanese will

go.

on the tons against 3,278,131 It is

J: sald the Argentine

same date last year. The Spanish the offering

Japanese 85,000 ton ton weighs 2271 acres of supposedly

pounds. Mila sald production ~Was land for cultivation.

ahead this year beçajse çane The explanation of this re-reached the peak of its sugar ported offer is u migration of

content carlier. The 1949 crop Argentine rice workers to th was 5,073,000 tons.. The govern cities. Their departure has hurt ment estimated the 1950 crop ad the country's rice production. 4,756,000 but trade circles now

continue reports

that are saying it will

run about Argentine agents are also seek-4,000,000 tons. Associated Press, ing workers in Italy.

The

Political screening is said to be

a part of the programme.-Asso- cluted Preka,

FISHING DISPUTE

Danish

"

·NOTICE TO CONSIGNEES

2:

M/S "BENGAL"

Damaged cargo ex this ves- Copenhagen, April 15.

fishing organisations set will be surveyed at Holt's have been called to an urgent Wharf between 10 a.m. and meeting at the Ministry of Fisher- noon on April 17, 1850, and les here tomorrow after Foliad consignees are requested to had warned Denmark that her have their representatives pre- harbours would-

closed to sent during the survery.

Danish vessels.

that Polish note stated The harbours like Grassendorff and

BUTTERFIELD

& SWIRE, Agents.

Gdynia are heavily overloaded,

Danish boats have been using Polish ports as refuelling and Hong Kong, April 15, 1950. watering stations.

Polish

The note is taken as a reply to Da- mark's recent closure of her ports nar-lo Polish fishing vessels. Denmark told Poland that her Baltic ports are already overcrowded-Reuter |

Lower in the curb were Cities Service, Claude Neon, Electric Band and Share, Fairchild En- gine, Kaiser Frazer.

Up were Cuban Atlantic Sugar, Piper Aircraft, Sentinel Radio.- Associated Press.

NOTICE TO CONSIGNEES

24 *.. "IGADI"'

NOTICE TO CONSIGNEES

Consignees per

|BARBER-WILHELMSEN LINE

m.s. "TITANIA”

MAERSK LINE

NOTICE TO CONSIGNEES

P&O B.I. E&A

COMPANIES

PENINSULAR & ORIENTAL S.N. CO.

PASSENGER/FREIGHT SERVICE

OUTWARDS.

** "CORFU** 、

AR "CANTORN

"CARTHAGE”

Balled

LEAVES LONDON

DUB HONGKONG

12th May

4th May

•}

6th Jana

let "Juna

3rd July

Via Southampton, Port Said, 'Aden, Bombay, Colombo, Penang k

HOMEWARDS

* "CANTON"

Bioreporn.

LEAVES HONGKONG

18th Mar...

th June

7th #ub

DUE LONDON

sa. "CORFU"

10th June

10th July

** "CARTRADE"

Sih Angnet

4th August

+

Ink Beptember

19th September

B. "CORFU"

"CANTON"

"CARTHAGE"

1th September Ind October

28th October

Accepting Cars for Singapore,' Panans, Colambo, Bombay, Aden

Porta Said London,

OUTWARDS

"AHILLONG"

*-*. "BOUDAN"

1

***HILLONG"

HOMEWARDS 24. **RNILIONG" 1. "BOUDAN"

- DUE BONGZONO

In port

2

FREIGHT SERVICE

FROM

London & Continent.

FOR

Robe & Yokohama.

3rd May

LEAVES BONG KONG

21st April

LOADS HONGKONG 11th Mar

Flat May

FOR

London & Continent.

Acomplia Cargo for Bingapore, Port Ewellanham, Penang, Clot to. Aden, Port Bad, Cenon, Marseilles, London, Hambura, Ant wer & Ralterdam. With liberty to call at Bombay if inducement

TANKS AVAILABLE FOR CARRIAGE OF OIL IN BULK. SPACE FOR REFRIGERATED CARGO. LIMITED PASSEN- GE ACCOMMODATION,

-

BRITISH INDIA S.N. CO., LTD.

*MA "SIRDHANA”

from Calcutia dae 20th Apr.

Btraita alle 29th Apr. for Japan,

* Those 'ships have Refrigerated Cargo space,

J

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

. "OZARDA”

.. "PEMBA"

due 24th Apr. from

Qult,

Persian Bombay Stralt..

ali 20th Apr. for Japan due 28th Apr, from Japan, asil 29th Apr. for

Stralls, Columbo.

Karachi Bombay, Persian Gulf,

.

• Accepta cargy on through Bill of Lading for Persian Gulf Ports

EASTERN & AUSTRALIAN 5.S. CO., LTD.

1.1/ "KABTERN" -

đưa Dd Har from Her LAU

Australia,

All, vesela have liberty to mil' at any porta on or off the ronia, and the routes and sailings are subject to change or amendment with or without notice.

For full particulars apply to:-

MACKINNON, MACKENZIE G CÓ.

Telephone Nos-27721-4.

ISTHMIAN LINE

(Isthmian Steamship Company, Now York)

J.

DIRECT MONTHLY SAILINGS TO NEW YORK

10th May

,22nd June

.23rd July.

VIA LOS ANGELES AND, PANAMA, “STEEL ADVOĈATE". “STEEL SURVEYOR”-- "STEEL EXECUTIVE"

Tanks avaliable for Bulk Oil:

SAILINGS TO SAIGON, BANGKOK

DJAKARTA (BATAVIA).

“STEEL VOYAGER"

as soon as

The M/V "LEISE MAERSK" having arrived from New York and. Forts of call, Consignees of Cargo are hereby notified being that their goods are landed and placed at their risk and expanse into the Hong are hereby notified that their Kong & Kowloon Wharf & cargo is being discharged into Godown Company's godowns Having arrived Hongkong the Hong Kong & Kowloon at Kowloon, where delivery cargo is being discharged into the Hong Kong & Kowloon consignees of cargo: are hereby Whart & Godown Co's, godown may be obtained. Wharf & Godown Co's godown notified that all goods have where it will be at consignees the goods are landed.

Optional cargo will not, be where it will be at consignees been landed and placed at their risk and subject to the Wharf's risk, and subject to the Wharf's risk and expense into the go- terms and conditions of storage. landed here, unless notice has terms and conditions of storage, downs of the Hong Kong & and where delivery may be been given 48 hours prior to vessel's arrival, but carried on and where delivery may be Kowloon Wharf & Godown obtained. obtained.

Co., Ltd, where delivery muy

Damaged packages are to be from port to port to the final be obtained as soon as the Damaged packages are to be goods are landed.

teft in the godowns for export of call to which the option left in the godowns, for

amination by Consignees and extends.. amination by Consignees, and

No claims will be admitted the Company's surveyors, No claims will be admitted the Company's surveyors, after the goods have left the Mesars, Goddard & Douglas after the Goods have left the Messrs. Carmichael & Clarke godowns or failure to attend at 10 a.m. on April 21, 1950, Godowns, and all goods re- undelivered after maining To comply with the General April 21, 1950, will be subject To comply with the General All broken, chafed and dam Bonded Warehouse Regulations, to rent. Bonded Warehouse Regula aged goods are to be left in the consignes must attendance All broken, chafed, and Hors, consignees must have a godown where they will be venue Officer in Revenue Officer La attendance examined in the presence of when damaged dutiable goods damaged Goods nie to be left when damaged dutiable goods Messrs. Goddard and Douglas are

in the Godowns, where they are examined are examined.

will be examined on April on April 18, 1960, at 10 a.m.

No claims will be admitted 20, 1850 at 10a.m. by our No claims will be admitted To comply with the General after the goods have left the Surveyors, Measrs, Goddard & after the goods have left the Bonded Warehouse Regulations steamer's rodos, Belle Douglas pila steamer's godowns, and all consignee must haven Res goods remaining undelivered goods remaining undelivered venue Officer in attendance after April 22, 1950 will be To comply with the General Bonded Warehouse Regulations after April 21, 1950, will be when examining damaged duti subject to rent subject to rent.

consignees must have a Rev All claims against E steamer must be presented to the undersigned with's four-teamer must be presented to when damaged dutiable goods the Undersigned on or before teen days of the ship's arrival, the Undersigned on or before are examined April 28, 1950, or they will or they will not be recognised April 29, 1950, or they will not be recognised.

at 10 a.m. on April 20, :1950. the survey.

TAI HANG JEWELLERY All Claims against the the vessel must be presented to All claims against the venue Officer in attendance

Wholesalers of CUT-DIAMONDS

Bolo Agents Fors

· Liberty Diamond

Cutting

Ltd.

No are insuran

WALKLEMS &

No Fire Insurance will be affected.

DODWELL

not be recognise

All claims must crench befor May 14, 1950, or they will" (not: bå” recognised.

No Insurance will be effected

.30th Apr.

· ARRIVALS FROM U.S.A.

Balla N. X. Sally S.F. Das HK. "STEEL VOYAGER"

Salled

10th Apr. 29th Apr, “STEEL AGE"

Sallod 22nd Apr::12th May

GILMAN & CO., LTD.

Tol. `21146)

T

Freight Agents:---HIN FAT & CO, LTD,

Tel: 28823, 28563 & 28488.

SWEDISH EAST ASIA CO.LTD

ARRIVALS FROM EUROPE

my. TONGHAT? MY. BAI

my. “NAGABA my. "HEME. m.v. "TONGHA

"ADEN, FORT BAI

CASABLANCA -"HAMBURG) COI

28th.Apr.

24th Day

TO EUROPE

19th Apr. "Gih" "May:

End Mar.

NGIERA:

LLES. IDAM” BREMEN;

• & GOTHENBURG

së dation zavalliblövő

GILMAN & CO., LTD.

foom

Apiril