1950-04-18 — Page 12

Pago 12. N

THE 'CHINA MAIL, TUESDAY, APRIL 18, 1950,

M

ROYAL INTERDERAN TENES

SINGAPORE, SAVA:

PORTS and

ARRIVALS SAILINGS

25th Apri Uth May

MACASSAR

"TJISADANE"

21st Apr.

"VAN HEUTSZ"

. 2nd May

"TJITJALENGKA"

6th May

11th May

*Only to B'pore, Penang & d, DÍA

• MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"STRAAT MALAKKA" ...

6th May

"TEGELBERG"

13th May

Tad June

JAPAN

"STRAAT MALAKKA" .... "BTRAAT SOENDA"

4th May

"TEGELBERG”

301 May

19th Apr. 16th May

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MEERKERK"

"RYNKERK”

ARRIVALS SAILINGS

In port early May

6th May early June

Through

B/L issued to

Mediterranean and Northern

European porta.

JAPAN

"MEERKERK"

"RYNKERK"

-Bit May Early June

21st Apr. darly May

KING'S BIALDING, TELFEBONES: PRAIZ TO PRO17

CHINESE AGENES) BI, CONNAUGHT HOME, G, HELS, G£19, 21131

SWEDISH EAST ASIA Co.,LTD.

**

m.v.

NAGARA

LOADING 19th APRÍL

SAILING 20th APRIL

For

ADEN, PORT SAID, GENOA, MARSEILLES, TANGIERS, CASABLANCA, ANTWERP, ROTTERDAM, BREMEN, SLAMBURG, COPENHAGEN, OSLO & GOTHENBURG

GILMAN & CO., LTD.

Tel. 81148.

U.S. ORIENT MERCHANT LINE.

ARRIVALS

SHIP

FROM.

BUR

LL "ANNITBA"

·EAST COAST/U.S.A. Abt.

E.. "VASSILIB"

B... "CRETE"

do -do

2ård Apr. 6th May

15th May

M... "TRITON"

16th May

2

.. "SCROL"

đơ

19th May

8.8. “ARISTEDES"

6th Jung

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

York Buliding.

AGENTS.

Tel. 24185

CHINA PEANUTS U.S. EXPORT OF

FOR AMERICA

TEXTILES DOWN

FINANCE

AND

COMMERCE

AMERICAN BUSINESS A PICTURE OF VITALITY

Hong Kong Stock Exchange

The Market continues with very little doing.

IL, OOVT: LOAN 4% Loan Voh. 01 Kan (1984 a" (910) ́Dabu 1% Loan (1948) 95

DANKS

%.

I.K. Bank 130h.

(1.on, R.) in. Chartered Bank £977/191, Mercantile Bank A. # 1; £210. Bank of Last Auta 174h. INSURANCE

Canton In, 3155. Dhich inx, 5868, 8904, 0171⁄2**. China Underwriter in

B.K. Fire 1st, 2001.

BRIPPING

Douzinaça 259 26.

H.K. & V. Rreambdata 175. Indo China (Pref); Syn,

(Def.) 20.

Bell (Beener) 68770, Union Waterbonia Zim Aala Nov. 10, 700.

quioki

DOCKA, WHARVES, 80DOWN9, Nic. H.K,▲ K. Wlinzven-91 90m. "Rarth Point Wäsivie KddN.

khanhai Runkm Phim lớn.

HR. Barkx* 17.60.

Ckinta Privklonte 10%n. Shanghal Dockyarda 8.90, WBrebes 27,

MINING

Haul Mine 4.79me,

H.K. Mine D11⁄2

LANDA, HOTEÍS & BLDGS.

K. & H. Hotels 2.201.

11.K. Lande 4215#.

Boneal Jande 1.do. Jubreys

1.K. Realtion In. Chinme Fatsten 154%

PUÁLIC UTILITIKA I.R. Tramways 12.600. Peik Traha (OM) In.

(New) 93%

Star Ferrica Som, 2011. C. 'Light (Old) .

(New) 8,10%,

H.K. Electrica 286) · Macan Electrics 200, Sandakan Léchts #Pen,

Telephones 16.

Alinchuk Gia TP.

INDUSTRIALS

Wald, Macg. [Ord.) 38n. Senior Seen Ho

Cements Ex.Ifæbte 16,404, 1.H. Kopew Jen.

STORES, BU,

Dairy Farmin #81⁄4A.

-Wetsons Ex.Rights 24%, 20%1⁄2¢, 94liam.

L. Crowfurdu #%*.

Sinceres 3.80.

China Emporium 9,

Ban Co. Ltd, 20,

Kwong Bang Jonit 97b.

War. Poweb, Ltd, n.

RESCELLANEOUN

China Entertalnicenià što, ff.K. Constreetkým (018) 8.40N.

(New) 1.10n.

Vibro Pilings 11756.

Mersman Investments 1/-n. Mersman (R.K.),28%. Shanghai Loan 1,360.

Yañglazen 1,60-

Ewo 2.0.

COTTONS

RUBBER, st. COMPANIES Aħna Patates 18%A. Anglo-Dutch .808.

Anglo-Java 1.

Batu Anson Ala.

Bute Plantations Min. Chemor United 385.

Chong Rubbera „18n. Consolidated Rubbers 2.18n. Dominion Rubbers 1.900, Kala Bahroe „50b, Kroework Jueves 16h. Langkata in. Repah Rubbers 15. Rubber Truste Ak Kamurnya Rabbers 985, Bernanku. Rubbers 18. Shanghul Kedaðs Est. Shanghai-Mulkyu šok, Shangha! Pahang 16b. Shanghal décaléma Hớn, Sua Manggis „100. Sungei DuHs 10%.. Tanah Merahs 555.

Tebang Rubbers 108. Eleńaße Rubbers Zün.

HK-Hoihow radio-telephone service

Now York, Aprlf 16.

Encouraged by a series of flattering Government reports, Quited States business and industry was a picture of strength and vitality the past week.

Steel mills produced the second largest tonnage in

TRUMAN

COUNCIL REPORT

Washington, April 16,

The President's Council of Economic Advisors this week

the history of that premier American indus-reported to Congress an up- try. Motor car production climbed close to levels prevailing before the Chrysler. strike late in January.

turn in virtually every busi- ness index in the first quarter of 1950.

Industrial output bounced baci Building construction the eline in the flow of business which in March, and more than made : founds of the coal strike. third member of the team that has taken place since a year ago. the has provided solid leadorahlul This slower rate of activity in Home building sat a record. No- business is further illustrated by for the national economy-set bank - clearings which stood ni a fast spring pace that topped $27,072,000,000 this weck against in power, rose after falling à the record performance of a $21,307,000,000 year ago. Assoti-cach quarter of 1949.

year ago..

ated Press.

Money Market

tional.

which means buy.

But the Council's acting Chair- man,

Mr. Leon Keyserling, told r reporter that the gains still ful Retall trade, important barome-

to show an economie c growth raplu ter of overall business conditions

n slow, ytar b; enough to prevent a egun flashed cautionary algnals.

year riso in unemployment From reports at hand, there was

"We are not getting the expon no approclable pick-up in demand!

sion in industry and investmen for the slow moving lines of mer- US dollars opened yesterday that we need to absorb the steady chandise that gave stare people at 3x30.131, and closed at $6.101. | 100

In the labour fores," Mr. trouble alf through the Baster

"That is a cerl- TT closed at / HK$6.20 altor said.

eus problem.

The Council's monthly report to

season.

1

But demand for such hard goods opening at $6,171. as television sets, cars, paint, now Sterling opened at FIK$15.43 Congresa noted a March drop o furniture and applianden which [and closed at $15.50. has kept overall retail trade af exceptionally high levels for many; months, showed little if any algn tot slackening.!

Steel production was 1,864,300) tons, best since the record high of 1,880,400 tons in March last

year.

Vigorous activity in Ford and General Mutora plants and good; work in the Independents brought out

total *

of 147,652

and track units despite the Chrysler

car

strike:

Australian pounds were sta- tionary at HK$12.00.

Plastres continued nominal HK$11 a 100.

551,000 in the number of job. seekers but said the improvement was ceusonal.

Most of the economic signposts, atas reported to the Joint Economic Committee of Congress, were pointed

upward. Production of all goods. and services reached, an annual rate

$258,000,0

1,000,000 in the first

Ticals at HK$26.40 a 100, and NEI Gullders at HK$4.50 a 100, were unchanged from last Saturat day.

In

or

quartor, up nearly three blifion dollars from lute last year but not yet back to the level of a year ago when the decline began. Washington, April 18.

A sharp riso

consumers Japon supplied almost half of

earnings United Kingdom Imports of 300,- spendable income,

of

after taxes, was attributed large gray Last week, 133,172 uns were pro- 600,000 square yards duced. A year ago, it was 132,128, cotton cloth in 1949, the "Foreign ly to the $2,800,000,000 G.I. life Commerce Weekly" said today. Insurance refund-most of which Industrial building projects The cloth was processed and ro- the Council said, was not spent in first quarter. — Associated efeared this week were somewint exported to colonial and other the

1 Press, under the big total of the previous markets.-Associated Press. week but were higher than a year.

ago.

Home building continued an uninterrupted climb to new hight,

་

The Bureau of Labour Statistics announced approximately 110, 000 non-farm dwellings wele started in March, making it the top home building menth in His- tory-38 per cent higher than February and 50 per cent higher than March last year.

Good outlook

All available evidence point- ed to an even larger number of starts in these early weoke of April, placing the Industry (n) an excellent baltion to chalk up another new high peak ini the second quarter,

Economic conference.

+

opens in Tokyo

Tokyo, April 17. General MacArthur's Chief of Staff told the do- legates to the U.S. economic-commercial con- ference which opened here today that United Statos old to Japan might become unneces- sary with the "next two or three years." General MacArthur presented his views at the opening of the five-day conference to discuss means of promoting greater prosperity and -trade-in-non-Communist-Asia...----

-Modest-declines-from-the pre- vious week were reported for

He suggested to the delegates freight carloadings, seft cont out- put. paper production, electric from Washington and 18 Unit. power output and lumber ship-ed States diplomatic posts in menta. Business fallures were a Asia the noed for master irifle higher,

There was another decline in business loans. A drop of $81j 000,000 carried the total outstand ing to $13,721,000,000, lowest since last November and a decline of nearly a billion dollars from the athount outstanding at this time a year ago.

Bankers have an assortment of

reasons for the decline in loans to businessmen, but more often than; not it hinges on the overall de

two-hour luncheon meeting today. The corpmunique said:

"No specific recommendations were made in the discussions nor was there any particular attempt: plan for economic co-opera-to arrive at a policy. What was tion in Asia to help contain apparent throughout the day was the Communist advance within the keen desire on the part of all the delegates to learn' as much China.

as possible about their conferment The officials/met this morning problems. At the same time the behind the guarded doors of the delegates lost ne opportunities to Allied Occupation Council Chamefully present the situation in their ber under the chairmanship of respective areas" Ms. Willam J. Sebáld, acting As the conference got under way United States political adviser for the Japaness Government's Econo- Japan.

mic Stabilisation Board drafted a document for prescritation to the conference which will predict Japan's long-term need for USE- 100,000,000 of United States ald annually unless:-

Major General E. M. Almond gave on encouraging report on Japan's economic progress to the conferees.

and

1, Japan is allowed to expand her trade rapidly. with Com.

China

South Bast munist Asia;

2, Japanese shipping is permait- ted to return into full interna- tional competition;

3. The domestic and financial

An official communique from the closed sessions indicated that any scheme evolved here would be based on private rather than guvernment controlled trade.

of The Assistant Secretary Bardell, told The delegates that the "internal problem of trade bulances has progressed to the policy under the occupation in changed permit great, Invert- polas where private frade can ment in Japanese industry. expand more rapkily in taking United ProES,

Economic reforms in Commerc

Greece

Thomas

SELF-HELP

„Fazional' trade, possibilities,for On one of the coldest days of.. "Round" expansion of production the year recently, Dr. Ricardo. - or, foadstuffs and raw materialo Fondino, of Mexico City, was call- to countries or the area and for ed to attend a small boy seriously expore and import tarifs and Arriving at the humble shack

of a home, he immediately p scribed penicil

|- Americhd aid. Mismiotas 6,709, the Percentrofé”

Japan's contribution

over tradé deminated and con- Athens, April 17.

trolled by governments since tha King Paul formally opened war." Parliament today with o speech promising economic re- The communique said the

The problems of the general at soaking the

American economists got down practitioner, manifold as they forms aimed Cable and Wireless' opened rich and relieving the bars-

to detailed study during the a new radiostelephone serviceships of the poor.

-first few hours of the opioinge, are not quite like those Washington, April 16.

to Hollow, Hainan Island, as

webdfors dis the prospects and that worry, doctors in

distant Washington, April 17. Sharp drops in cotton cloth from yesterday, according to

Methods of developing Intra: Mexico. Outlining the broad reforms.ör The Agriculture Depart exports to the Philippines, Thal- Mr. D. J. Muckle, the Hong the

∙land and Indonesia, among other

· how coalition governmen' ment has agreed to hold up at countries, edused 0.8. exports at Kong manager."

headed by the left of centre fead- léast until next weék án ördér ; chis textile in January and Feb-

The service is available daily er. Mr. Nicholas Plastires, King which would permit the im-ruary s akid 62.5 per cent under between the hours of 1 p.m. and Paul kald his minileters would ̋ez port of peanuts from Com- the combatable period for 1940. p.m. The charge is $18.for operate "most closely"

three minutes." munist China, Representative Tha' Ofice of International

Mr. Mackie midi - thoservice Cooley, North Carolina De Trade, US Department of Com Wireless expansion scheme, and coniimulag its generous help and forms part of the Cable and Ho said: "The United States - said today,”

merce, téported today that (dhly mocrats, chairman of the 71,173,000 square yards of cofton wedge Britain in giving us the moral and riots left this country in the fish to such facilitat demand material aid for which the Greek House Agriculture Committee, said in a statement that the Deo months this year compared. He said negantiane ard finder people are this pralatul partment plan will remove pen with 100,484,000 square yards way to confeet Hong Kong by indicating the Plastitas, Govs nuta from import controls. and

radio-telephons with Singaporo,.

arament would, grant gan mes berthift the entry of nuts from The Philippinice took 3,747,000 Australia Colombo and Japan.

"Högardinti në Sumervice på With

ty or alamency to political pri Chitus

square ad in January and Japannes Mackie, said all ex

annars, the King: saldi. Peanuts are under

are under prica" Support

State will be magnaniingss but mosheral Almand, Mr. Rukmali by the sick baya bacaldo in swall and marketing quota laws. Their February compared with 20,8 ploratory talks have boun" con

remains to get

(alimultansossly.. production has been reduced 000 square yards for the like period last year. Other comparis

strongs "The He thinks (the about 40 per cent in the past two fons Werk Jadóhesla.14,002,000

don- years, Fanhule and other all quaro Janka to 19,643,000 qu

and bearing matarla kayo Bien ul- vanderie anuary, and Februsky, der import controls and importa-1919) Thailand (received 1,081 1m has be barred povera) square yards to 6,844,000 years.

Vards for the two months paljb

Mr. Coolby estimblad.

peanut production

imes this-count

Import: appliéntion! more than 100,000-

year.

Iran and

for

overnmerit

for the restoration of-

He was about to leave when the mother, explaining that she could Japan's potential contribution not afford to pay someone else to Asfalterconomics Independence give the fajections, bagged: the and construent political stability doctor to wait while she ran out Litrough the export" of needed to a nearby chemist to collect the machinery and manufactured drugs this way her pon, could have the injection and she would goods and heavy buying of the

have 10 par drad 1-ziew "misterinis occupimi »

the doctor for canly mize part of the first day a per- one visit

(The shoctor #grood,;, and ninyod

Fordlan

Trade obler the mother Kreturn. Hie

for BCAFF isa

Lisa Lieutenant Colonial simpat all hour, heinally, thevire

Be Oh Sehundly, shine of Katural Flyst and the infection was

Resoures, reported anapan.

– Cónsival? Almond “reported*

United States

Crée more the doctor prepare

to And he

PHI

The Global STEVE

TO HONOLULU & SAN FRANCISCO

vio JAPAN

"General" Gordon"

Art. Mày 1

"President Wilson"

Art. May 13

Salls May Salls. May

"President Cleveland”

¡Arr. May - 26-

• Saffy May 28

́ ́TO SAN FRANCISCO & LOS ANGELES

via JAPAN

"President Taft”

..Arr. Apr. 29 "President Mudison".

Arr. May 8 *Calling Takú Bar & Tsingtao

Sails Apr. 3 Sails May.

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

"President Johnson" .... Art. Apr, 20 Sails Apr. 2 "President Fülhnore"

Arr. May 13 Salls May ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA NAPLES, MARSEILLÉS, GENOA, NEW YORK and BÓSTO "President Buchattan” ................ Arr. Apr. 18 Sails Apr. 1 "President Harding” .........................Aını May 1 Salle May

TO JAVA & STRAITS Arr. May 7

"President Tyler"

St. George's Bldg.

Salle May Tel. 18112/

BENDLINE

ARRIVALS

FROM

SHIP "BENATTOW" "BENNÁVÍД “PENGRUACHAN”

"BENCLEUCH" †""BENWYVIB"

DUR

+

U.K. via Singapore.

18th Apr

"BENVORLICH"

“BENARTY"

"BENMACDHUI”

"BENALDER"

SAILINGS

"BENATTOW!!

BENCLEUCH".

"BENMACOHUI”.

"BENNEVIS"

*BENWYVIS" "BENARTY"

*GENCRUACHAN”. "MENVORLICH"

"BSNALDER"...

t

*

on or abt. 27th Apr

4th May fith May

14th M

27th May

... ATM Jun

4tel Júni 25th Jom.

+

London Antwerp, Rotterdam, Mamborg A Hutt

Genoa, Liverpool, Avon- mouth, Le Havre, & Hamburg.

Genès, Avahmouth, London,

Rotterdams,

Hamburg & Hall,

Liverpool, Glasgow,

Dublin, Havre, · Ant-

werp "Rotterdam.

Leading on as a

22nd Ap

123, May

15th Jun

80th Ap

174 May

10th Junt

7th May

30th Me

20th Jun

“Vía Malaya, Colombo, Port Sudan, Adan, and Buez Canal.

? Accepta Cargo" for: Japan,

For Further Parifeuters, Apply Toml W. R. LOXLEY & CO. (CHINA)) LTD. Agents York Building.

Telephone: 34165.

THE EAST ASIATIC CO., LTD.

M.S. "KAMBODIA

Loading 3rd May

ADEN, FORT - SAÍÐ,

ANTWERP, BOTTERDAM, HAMBURG, OSLO,

GOTHENBURG & COPENHAGEN

Tanks, available for the carriage of oil in bulk

THE EAST ASIATIC CO., LTD.

Queen's Hide, med Svori

DE

· Tel. 24111. & 34112

LA RAMA LINES

York, Baltimore, Philadelphie, Japan and Pacific coast ports

ient induce

QAST FORTS

BUTTERFIELD WIR