1950-04-20 — Page 12

Page 12.

THE CHINA MAIL, THURSDAY, APRIL

ROYAL INTEROZIAN

FINES

SINGAPORE, JAVA

PORTS and.

MACASSAR

"TJISADANE"

VAN REUTSZ"

TJITJALENGKA"

.

ARRIVALS SAILINGS

21st Apr.

2nd May

6th May

• Only to S'pore, Penang & D Dell

» MANILA, EAST &

25th Apr.

4th May 11th May

FINANCE AND

COMMERCE

Hong Kong INTERNATIONAL BANK

Stock Exchange

Andle morning.

YEK, GOVT, LOANS

1 1 Bàn

DANEB

SOUTH AFRICA &

:

SOUTH AMERICA

6 Loan (1936, 1840) #b. 9%% Luan (1948) 965.

"STRAAT MALAKKA" "TEGELBERG"

13th May

6th May

1st June

"STRAAT MALAKKA"

JAPAN

"TEGELBERG"

4th May 30th May

15th, May

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MEERKERK"

"RYNKERK”.

Through

B./L Issued

ARRIVALS BAILINGS

In part

12th May carly June

6th May early June early July

a

"LANGLEESCOT"

Mediterranean and Northern

European parte.

JAPAN

"MEERKERK"

"RYNKERK"

"LANGLEGSCOT"

5th May

early June early July

21st Apr. 18th May early Jung

KING'S. BUILDING, "TELEPHONE:N: 28015 TO 28017

A*% CHINESE AGENTS; BL, CONNAUGHTY JUGATE, AL TERS: 3096 28131

U.S. ORIENT MERCHANT LINE.

ARRIVALS

FROM

DUE

SHIP

1. "ANNITSA"

EAST COAST/U.S.A.

Abt.

23rd Apr.

#2

6th May

15th May

#.5. "VAOGILIS"

0.0. "CRETE"

1.6. "TRITON"

.. "GOROL"

.. "ARISTEDES"

-op-

do

中華

15th May

19th. May

6th June

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

York Building.

AGENTS.

Tel. 34165

BURNS PHILP

-LINE-

M.V. “MERKUR”

is expected to arrive from 'Australia

20th MAY

Round Trip to Japanese Ports 23rd May

10th Juno

Spils for Now Guinea and Australian Ports.

12th JUNE

For all particulars apply:-

'GIBB, LIVINGSTON & CO., LTD.

ACENTS

P. & O. Building Ground floor.

HAGUE SHOCKED

Tel. 30327.

COMPLAINTS OF UNFAIR TRADE

Birmingham, April 18.

1.K. B. Bank 1300/20va,

(Lan. Res.) £783;n, Chartered Bank ‘21 6/16n, Merantia Henk A. & D. £tio. Bank of East Arfa ·20th,

INBÚRÁNCES

Caslon The, jön. Union Inx, baab. China Underwriters H.K. Fire In 2008,

BEIPPING

Douglass 200n.

II.K. & M. Steamboats 121. Inds Chiras (Prèf.) 10.

(Def.) 10.

Shells (Bihter) 82/0n. Unit Welerboats 25x, Asia Nav, ob, 206

DOCKS, WHARVES, GODOWNS, E.

1.K. A. Wharver #14. North Peint Wharves 5.0.

hanghal tongkew Wharvan 10n. 1.K. Docks 17.20.

China Providecis 1011⁄2n, Shanghal Dockjurde 2.bds. Wheelocka 1BAN.

MINING

Raub Mines 4.70%.

1K. Mines 01 m.

LANDS HOTELS & BLOGS,

28. 9.202.

11. n.

Shanghai Land 1968,

Humphreys n.

1. Recitive in. Chinese Estate 24.

PUBLIC UTILITIES

11.K. Tramways. 1200.

Pank Trama (old) in.

(Now)

Slar Fetrics On

C. Elghia (Old) 11m.

(New) 2.10.

1.K. Feteles

Mats

an.

Electric zon.

Kudakan Lights 84.

Telephones 101.

Shanghai Gay 1n.

INDUSTRIALS

Cald, ncx. (Ord.) 280. Canton Ice 3, Cements Ex. Rights 11.10. H.K. Rupen 1871.

STORSH, EIL

Dairy Farme 1ða.

Watsons Ex. Rights 2432/1⁄4on.

L. Crawfordı 2in.

Binor 4.800.

China Emporium 6540.

Bun Co., Lt. 9.36b.

Xwobr Seng Hoog 07b.

Wing On (LK.) 626.

Wm. Powell, Ltd.

MISCELLANEOUS

China Entertainments 14.

1.K. Constructions (Old) 400

(New) 1.09.

Vibro Pling 114.

Martan Investments #An. Maret (1.K.) .789. Shangt Loan 1.800. Yangiance 1601.

Ewon 2.00.

cotrona

RUBBER, etc. COMPANIES

Aime Extaten 18h.

Anglo-Dutch ..

Angio Javas 20.

Batu Aname 15m.

Bate Flanations 60n.

Chemne United $5m.

Cheng Rubber

15.

.

Consolidated Rubbers $105,

Bolaion Rubbare 1.300.

Kota Bahrom 10.

Kroework Javi .158.

Jangkel

in.

Padang Rubbers 10n...

Repah Rubbære 10n.

Bdb.

Rubber Trusts So,

·Namagasu · Ribber

·Berenika Rubberà 10n. Branghel Kodinha 1438 B. Shanghai-Malaya 10n.

Sharathal Burateka 1800. Bun Maligie 148. Sunset Durla 195.. Tanah Murah 35b. Tebong Rubbers“ „Išm. Zlangbe. Nubberu: „Jūn.

LOAN TO INDIA MADE

Washington, April 18,

The International Bank has granted a loan of $18,500,000 to India for further development of the Damodar River Valley,

The Bank said the loan will be used to firionice part of the cost of the Bokaro-Konar project, which will include the largest electric plant 'in India.

The loan agreement was

signed here today by the In-

dlan Ambassador, Mrs., V BIG SLUMP IN

Lakshmi Pandit, and Mr. Robert Garner, Vice-President of the Bank.

The loan is for a term of 20 years and carries an interest rate of three per cent, plus cominta- Elon at one per cent. This corn- mission is allocated to the Bank's reserve fund,

ISRAEL POUND

New York Stock Exchange

Now York, April 18.- Strong derhand for stool -au- tomobile, copper ana railroad sharts developed in a 3,008,000— share stock market today.

New York, April 18. Favoured issues púkica up The Israel Pound slumped fractions to more than a point. 30 cents within the past month The balance of the market trend to US91.00 on Friday in Newed upward bui prica trènds were

bmall. York's over-the-counter · uh- cal-official exchango market. payments Amortisation

by tulated to fretire the loan

US$1.90 on The prico was maturity will start on April 15. March 15, the highest level over 1000.

reached in New York.

This is the third loan made to Indie by the International Bank. a loan of On August 18 lust, -$24,000,000 was granted for the reconstruction and development of Indian railways..

A $10,000,000 loan was made on September 29, 1949, for the improvement of agricultural pro-

duction.

Dollar payments

Par is US$2,80, the sainc. as the

British Pound, but most banks here charge US$281 for remittances to Israel.

Foreign exchango traders Bald today inat the lack of demand cautad lowered discount rates in actual currency dealings. The

that this

pointed out

resulted from demand everywhere for dollars.

One bark said it bought five The Bank said that the latest and 10 Pound Israel notes for loon will finance dollar payments US$1.60 and sold them for US$- from January 1 this year in the 170 while it pafd US$1.70 for United States and Canada for one found hetes and sold them! power-house equipment for that for US$1.85 because the latter are Bokaro thermal plant, construc-more. demond than larger

In Menar denominations.-Associated Press, 1lon equipment for the

Dam, conductors and Recessories for the tranemission lines, equip- tment for sub-stations, and ocean freight and other expenses pay- able in dollars.

be

MARSHALL AID

The baldhte of the cost of the AUTHORISATIONS project about $34,500,000-will India's own Anished from

include resotices. These funds sterling, Swiss francs, rupees and made. berore dollar

payments January 1, 1950,

The Bank said: "A substantial increase in the avaliability of electrical energy in the Damodar Valley region will be a key factori It raising India's coal output and In lowering the Cost of coul pro-

Juction.

"The completion of the Bokaro Копик

project will provide at

rotes reasonable

the urgently needed electrical energy for the impansion of coal production and the further electrification of the cual mines."Reuter.

LONDON STOCKS.

London, April 18. Qilt-edged-bonds-and-foreign Issues closed fractions higher in

a quiet stock market today..

There was little activity among traders who Were still waiting

Washington, April 18. Marshall plan nations have been mithorised to spend $8,844,334,000 in United States recovery funds to dute, the Economic Co-operation reported today. Administration The total includes about $855,000,- 000 in ocean freight charges.

The ECA also announced the March authorisations of $341, 600,-

Machinery and equipment 'decounted for about 33 per cent and cotton about 21 per cent of the March total. The bili for machinery and equipment $113,500,000 while $72,700,000 was earmarked for cotton.

WOB

The major beneficiary during March was France which received $119,100,000 worth of goods and services. Italy was second with $87,500,000 and the United King- dum third with $30,000,000,-- United Press.

NY RUBBER

New York, April 18. Crudo rubber

number

Ons

23.70'bid.

to see what economic facts SIF Stafford Cripps placed before, the futures closed 70 to $1,00 higher, House of Commons in his budget Sales 243 contracts.

May speech,

bonds closed. 21 July Japanese

Biptember points higher while Brazilan December bonds maintained yesterday." in-

areuses.

22:45-50. 21.00.

20.03 bid.

ono Spot number

ribbed

The Financial Times daily smoked sheets 34-nominial-As index: 100.8,.up 0.4-Associated sociated Press. Press,

NOTICE TO CONSIGNEES

CONSIGNEES PER

·STATES -STEAMSHIP

COMPANY

2.1. “CALIFORNIA”

NOTICE TO CONSIGNEES

Consignees · per

BARDER-WILHELMSEN LINE

mis.

TTANIA”

are hereby nollfed that their

The volume of business was one of the largest in the last couple of years.

Steels were in demand most of! the day. Buying orders spilled over into the auto group, Pront- stocks on the defensive. taking sales Kept radio-television

Among the most popular stocks were United States Steol, Both Sheet, Crucible Steel, General them and Republic, Youngstown Motors, Chrysler and Studebaker. Electrio and Musical industries, the most active, jumped to a-

Dow Jones averages:

10 Utilities

Stacka

40.45. 42,87.

29 Industrials

215.03.

15 Rails

08.07.

Adams Exess 214

Alaska Juneau 3

American Can 118

Smelting 52%

"

*

73

Telephone 150 Tobacco 70

Waterworks 11%

Anaconda Copper 30% Aviation, Corp. 84 Baldwin Locomotive 10% Bárnsdell 51% Bendix Aviation 42% Bethlehem Steel 37 Boeing Aftcraft 2014 Borden Co. 0114 Canadian Pacifc 18 C630, J. I. 424

Chrysler 07%

Colgate $5%

Commercial Solvent 174

Corn Products: 67%

Du Pont 78

Eastinan Kodak 18 General Electric 47%

Motors 81% Goodrich 87% Goodyear 82. Homeslake Aming 434 -International Harvester 20%.

Paper 404

at

Tel & Tel-144 "Johns Manville 48

Kennécott Copper 58 Montgomery Ward 53% National Distiliora 234

-Lead-41%-

New York Central 14% Pan American Airways 10%

Pennsylvania, BR 17%

Radio Corp. 232

Real Silk 12

Remington Rand 12 Republic Steel 88% Reynolds Tobacco 31% Schenley #41⁄2

Bears Roebuch Jás Socony Vacuum 17 Southern Pacific 53 Standard Brands 2334

H Oil of Calif. 65

Oil of N. J. 71 Studebaker 32 Union Bag 29%

Carbide 47% UB Hubber 42%

"Steal

• Lines 10%

Westinghouse 34%

Youngstown Shoot & Tube 82%

Cen. Pub. Utilities 10%

Railroad bonds stuck to a nat- pried

are hereby notified that their cargo is being discharged into 100 middle of the road cargo is being discharged into the Hong Kong & Kowloon route in light trading. Small gains Higher in the Curb, were Gobelj the Hong Kong, & Kowloon Wharf & Godown Co's godown and lowes wore well scrambled. Whart & Godown Co's godown where it will be at consignees Kingston Products National Unkori where it will be at consignees tisk tid subject to the Wharf's Radio, Panteped Oil, Piper Air- cisk and subject to the Whart's ferhis and conditions of storage craft and Royalite Oil Associat terms and conditions of storage, stid Where delivery may be ed Press. and where delivery may be obtained. obtained

Daringed packages are to be Damaged packages are to be left in the godowns for ex- left in the godowna, for examination by Consignees 'and

Money Marketamination by Cohelineer and the Company surveyors

SOUTH AFRICAN SURPLUS

has said today, that complaints from gains, yesterday as the eliminondfly with the Cellera Bonded, Warehouse Regulatiória an anticipated defalt of £750,

The Hague, April 18. The Dutch Government told its High Communiones Indonesia, Dr. Max Hirschfeld, to ask for 's eldrigestion of Indonesian Government state ment alleging that the Dutch have not fulfiled their commit ments towards Indonesia.

The Global Ficet

TO HONOLULU⋅ &- SAN FRANCISCO

“General Gordon".

"President Wilson"

"Prorident Cleveland"

via JAPAN

Arr. May 1

Sails-May

Arr. May

Salls May

非

Arr. May 28 Sails May

TO SAN FRANCISCO & LOS ANGELES,

"President Taft”

"President, Madison"

via JAPAN

..Arr. Apr. 29

Salls Apr. 30

Arr. May 8

Sails May

*Calling Taku Bar & Tsingino

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

"President Johnson"

............Arr. Apr. 20 "President Fillmoro"......... Arr. May 13

ROUND THE WORLD

Sails Apr. 20

Sails May 14-

VIA MANILA, Singapore, Colombo, COCHIN, BOMBAY, KARACHI, SUEZ, PÓRT SAID, ALEXANDRIA; NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON

"President Harding” “ "President Van Buren"

Atri May 1

Salts May 3

Arg. May 15

Salfa May 16,

TO JAVA & STRAITS

Art. May

Sidly May...8. Tel. 28172/5.

"President Tyler" St. George's Bldg.

BEN LINE

SKIP "BENATIOW* "BENNEVIS "BENCRUACHAN“

"BENGLEUCH" I*DENWYVIS”

"BENVORLIGH"

ARRIVALS

PROM

U.K. 'via Singapore.

"BENARTY"

BENMACPHUI" DENALDER"

SAILINGS

WHENATTOW"

"BENCLEUCH”. "BENMACDHUI

"BENNEVI6"

*MENWYYIB* *BENARTY*o

"BENGRUACHAN "BENVORLIGH" "KNALDER"

DUE

In Port

29th Apr.

on or abt. 4th

th May

11th May

14th May 27th May

6th Juns

fith Junk

'L'odon, Antwerp, Hamburg Rotterdam,

Hulles y 4

·Ganda, Liverpool, Avon. mouth, Le Havre, & Hamburg.

Genoa,

London,

Avonmouth,

Rotterdam,

Hamburg & Hull.

Liverpool,

Glasgow,

Dublin, Havre, Ant.

wern & Rotterdam.

25th June

Loading on or abs

22nd Apri

16th May

18th June,

D

30th Apr.

17th May

10th June

7th May

30th May

29th June

1

Vin Malaya, Colombo, Port Sudan, Aden, and Suez Canal,

امور

† Accepta Gergo for Japan, .......

For Further Particulars, Apply To-

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

York Buliding.

Agents

Telephone:' 34168.

THE EAST ASIATIC CO., LTD.

M.S. "KAMBODIA"

Loading 3rd May

for

ADEN, PORT SAID, GENOA, ANTWERP, NOTIEKDAM, HAMBURG, OSLO,

GOTHENBURG & COPENHAGEN "Tanks Available for the carriage of oil in bulk

THE EAST ASIATIC CO., LTD.

'Queen's

Tol, Aditi & JELLE

Mr.

DE

LA RAMA LINES

Capetown, April '18 Company's surveyors, Messts. Goddard & Douglas

South Africa will and the Barty Kay. Tegional “con-

Messrs. Carmichael Clarke at 10 min. on Apéll 21, 1960. financial year with an estimated troller of the Board of Trade, US dollars made further alight at 10 a.m. on April 20, 1980.

To comply with the General surplus of £1,500,000 instead et British traders about unfair | Táto touched

40.181

000, the Finance Minister, Bonded Warehbitués Regula consignées must have an R-N. C. Havings, Wild today. com-hallst, the opening of " 0:18. Japanese and Gerinan

**** was uỏng up to HK$0.234, bergp, cònéignéts must Have: à venus Officer in attendance petition are increasing.

He said, "The Board of Tradhta against 06:20at the openvenue Outer in tendance when damaged dutiable 'goods

ing.

Sterling went up five cents to when detraged dutiable goods are examined. in keeping a very close watch on

ja ékaifiined: 0

the Japanese and German tradik#10.05. ing overseas and will where Austalian pounds <<were "Un> The statement, issued by the possible give maximum assistance changed at HC)13:65, 1999 Indonesian Ministry of Informato British traders in their efforts

HÆ811 4 100.

Tlcals were

ment, la The Hague, according to

however, that

ere unchanged

Ho Chwality whi fali HK$26,50 a 100

Ngréialais

He told the House of Kisebb)J that the inflow, of capital from the United States and Switzer

mora will be admitted land is now considerably No 'clalina 'belll be admitted artes Folds have lift the and the dollar position is Im-. tion, has caused pained detoniah, to resist thle growing combètion":142 tatres: 'remained nominal ·ati3after the goods ~ hisforlift the Betramer's rodowns, and za ili provi

Sleather's godowns,

report fromk goods remaining undelivered He find atybos remaining undelivered after April 22, 1950, will be the Governor of the South Afri

After April 21, 1950 will be

subject to fe

сац Reserve Bank that the foreign change, position is now ATL

against the so strong that on the present toomer, must be presented to Egure the Government, cần jinous the Undersigned-on or before ifa requirements for this April 100+ or they will the year-as far sa import

an official Dutch spokesman.

I alleged that for

·A·

the main

on Brilich truders who must meet :: NEI Guilders went up to: HK$B

with energy, and a 100, after opening at 35.20.

second the challenge with t

Ume with the uprising by Cap enterprise.

Cain And Abdul Azis in Macas Mr. Kay Bald. So far it has

aar the Dutch had called to not bean dable to trace any COPPER FOR PI

fulall their obligations under the great number of properly docu round-table agreement last year.mented instances on complaints

zoot the Dutch, Mi

It claimed that the

| d67 Cornián-/undi Japanóng – dumb. prices,which¦óén; be/adbátantiat, Laty commander had falled bar Unied Pr

· bring back deseriers to batr

show, to what extent this was

due, merdly, to simpotalled,VETLE

asserted tith 1 Tedanktja

conce" ins the Dhlich strengthened by Dutch

#Bonh, April

will

Tokyo, áprit 18. ship 800 tons of electi

valued at $319,000 to Fress

concluded

mits are concerned.

Any now, Inter would be (EPHINDI" year's position,

for the position co

of capita

Salling To New York, Baltimore, Philadelphia, Via Japan and Pacific coast ports

M.S. “DONA NATI”

onj-slamulca if sufficient Inducement

Aniving via Manila from US ATLANTIC & PACIFIC COAST PORTS M.S. DONA ANIČET

BUTTERHELD & SWIRE