1950-04-26 — Page 14

ROYAL INFERUCIAN

TINIS

• SINGAPORE, JAVA

PORTS and

MACASSAR

*"VAN HEUTSZ"

"TJITJALENGKA”.

"TJIBADANE"

ARRIVALS SAILINGS

2nd May

3rd May

5th May th, May

22nd May

27th May

* Only to &'pore, Penang & B Deli

• MANILA, EAST &

SOUTH AFRICA &

**SOUTH AMERICA

"TJIBADAK"

In Port

"STRAAT MALAKKA***

"TEGELBERG"

13th May

1st May

6th May

Tat June

4

3

*Not proceeding to South America

**Net calling Manila and accepting Cargo for East Africa

& South America only,

JAPAN

"TJIDEBAR"

"STRAAT MALAKKA”

"TEGELBERG"

4th May

30th May.

5th May

15th May

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MECNKERK"

ARRIVALS SAILINGE

"RYNKERK"

"LANGLEESCOT"

12th May carly June

Through BI/L Issued

to

Mediterranean and Norther

European porta.

JAPAN

"MEERKEAK"

"RYNKERK"

"LANGLEESCOT"

5th May

early June

carly July

6th May early June carly July

13th May early June

*KING'S BUH,DING, TELEPHONES, 28015 TEI -28017

FLIM 2011

22.

"CHINESE; AGENTŠI, 1% CÔNNAUČI? KOVE G JERS 1[PM, 25131

FOR WORLD

ISTHMIAN LINE

(J-thmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA <

j

"STEEL ADVOCATE

.12th May.

"STEEL SURVEYOR" "STEEL EXECUTIVE"

. 22nd June

.23rd July

Trinks available for Bulk Oll

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

"STEEL VOYAGER”

ARRIVALS FROM U.S.A.

"STEEL VOYAGER" "STEEL AGE"

生姜

.30th Apr.

Sails N. Y. Sails S.F. Duc I.K. Sailed Sailed. 29th Apr. 23rd Apr. 25th Apr. 18ik Mhy,

GILMAN & CO., LTD.

Tel. 31146

Chinese Freight Agents:-HIN FAT & CO., LTD, Tels: 28823, 25553 8 28483.

TOKET

#TRE

[

ISTHMIAN LINE

(lathmian Steamship Company, New York)

S.S. “STEEL ADVOCATE"

LOADING 11th MAY

SAILING 1218 MAY

FOR:

LOS ANGELES & NEW YORK

við PANAMA CANAL Passenger Accommodation Available, TÁNKS AVAILABLE FOR BULK OIL

GILMAN & CO., LTD.

Tol. 31148

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

Tels: 28823, 25553 & 23483.

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM "KUROPE

Port

m.v. TONOHAT ny. "BALI",

SAILINGS TO EUROPE

m.v. “HEMLAND"

5th May 13th May:

m.y. TONGHAI" my "BALI

ADEN FORT SAID,

CASABLANCA, ANTI

HAMBURG, COPENHAG

GILMAN

THE CHINA MÁȚI," WEDNESD

FINANCE AND COMMERGE

GHULAM MOHAMMED'S NY. Stock

MISSION TO THE UK

H.K. Stock Exchange

No change.

H.K.. GOVT. LOANS

Loun 98b.

Lonn (1934 & 1940) 06.

3 Loan (1948) 96b.

BANKO

I.K. & S. Bank 1280n."

(Lun. Reg.) £750. Chartered Bank £9 3/10n. Mercantile Bk. A & B. £229n.. Bunit of East Asla 104b....

INSURANOES Cunton Ins. 315a.

Union Ins. 56313.

China Underwriters 51, HK. Fire Ias. 200n.

SHIPPING

Douglases 200n.

II.K. & M. Steamboats 11n, Inde Chians (Prof.)-8911.

** (Det.) 2001.

Shells (Bearer) 61/3.

U. Waterboats Ex. Div. 248. Asta Nov. 65b, 85sa,

:

Docks, Wharves, Godowns, Etc. H. & K. Wharves 00n, North Point Wharves 5.000.. Shanghai Rongkew Wharves 100. H.K. Docks 17.30n, China Providents 10in. Shanghai Dockyards 3.70r. Wheelocks 24/231sa.

MINING

Rash Mines & 200

ILK. Mes 01jn.

Lands, Hotels & Bidge.

I. . S. Hotdis 96,

H.K. Lands 40n.

Shanghai Lande 1.200.

Humphreys On.

H.K. Realttes 2n. Chinese Estates 124n.

PUBLIC UTILITIES

H.K. Tramways 128, 11.kosa. Peak Trams (Old) 16n.

(New) Viu.

Star Ferries 700.

C. Lights (Old) 11.10s.

(New) Bn.

*

H.K. Electrics 24/24sa.

Macau Electries Ex. Dlv. 18n. Sandakan Lights In. Telephones 14, Shanghal Gas län.

INDUSTRIALS, Cald. Moeg. (Ord.) 28. Canton Iccs 3. Cements 11.10n: 1 H.K. Ropes 14n.

STORES &.. Datry Farms 366. Watsons Ex. Rights 24s. L.. Crawfords 22ri. Sinceres 3.800.

China Emporium 10.

Sun Co., Ltd. 2}n.

Kwong Sang Hong 101in, Wing On. (FLK.) 62a. Wm. Poyd, Ltd. in.

MISCELLANEOUS China Entertainments 14. H.K. Constructions (0) 2,40n. *

(N) 1.300.

_Fibro_Fllings_11th,

Marsman, Investments 3/-n. Marsman, (H:7-75h. ****** Shanghai Loan isa..

Yangiszes 3.50n.

Ewos, 2.7JH.

COTTONS

!

RUBBER, etc. COMPANIES.

All Estates 13jní (

Anglo-Dutch .3bh.

Angs

Batur

Bute Plantations 60n.

Chemor United 55n...

Cheng

Rubbers 100.

Consolidated Rubbers 1.60b.

Domhilon Rubberá: 1.30n. '

Kyta Baliroc 00b.

Kroewoek Javas":ĺbb.

Langkats' In...

Padang Rubbers 10n. Repah Rubbers 10b." Rubutors Trusts 216). Samagaga Rubbers 65b, 7580. Semambu

Rubbers 201. Shanghal Kedahs 41b. Shanghat-Malay's 10-n. Sitanghal Pahang .75n. Shanghal Sumatrag' .60n. Sea Manggis 10b, Sungel Durla 1796, Tanah Merahs 506. Tebong nibbers 15n. Ziangbe Rubborn son.

London, April 24.

Mr. Ghulam Mohammed, Pakistan's Financo 'Mini- "tat; "who arrived til London by air from Kara- chỉ on Sunday, today denied' reports that fie Had come here to negotiate a new agreement on Anglo-Pakistan Sterling balances releases for next year.

2.

;

Japan and Sterling area

Rea

"It is still too early to negotiate this and my visit to London has nothing to do with Sterling balances releases. Asked whether he would jungtas discuss the question of the devaluation of the Pakistan rupee, Mr.Ghulam Mo hammed replied, "Definitely hot There is no justification nor is there any intention to reconsider the question of the devaltiation of the Pakis-

23 21 fani rupee."

Speaking of the Indo-Pakistan trade agreement signed in.Kara- chi last week, the Pakistan Finance Minister Bald, 1!!Thid agreement is the first slep and Is expected to be followed by an expansion of firade and by fur

"Leaders

ther agreements between the two countries.

of both India and cash in on the Pakistan must

both sides goodwill created our

of the border politically, so mu done by the undo the harm events of the past

to

Things had gone so badly that either we had to resume norinal and friendly relations or condemn the future of the peoples of the Indo-Pakistan' sub-con tinent:

"Fortunately, wise statesinan- ship prevalled, and let us hope and pray that nothing will hap- pen to mar this and at the futura. years t'will disclose a greater understanding of coch other's diffudities

Turning point

Mr. Ghulam Mohammed then referred to the recent Delhi agreement or minorities between India and Pakistau and said that since this agreement had been signed there had been almost a miraculous change for, the better.

"Every effect, is being made by both tha Governments of Pakistan and India to imple ment the letter and the spirit Delhi agreement," He

of the svid.

....

pdma's "Tokyo, April 24.

Negotiations for a new £150,000,000 trade pact bo- tween Japan and the Sterling to begin here on May 15, ..

---General -

May Douglas Arthur's foreign trade section has advised Japanese officials to be ready to attend negotia tions between Sterling Area representatives and Allied oo cubation authorities or that date

Area are expecte

AR

Mr. Eric Lingeman British Minister in

•Commercial

for talks with his the-now

Governorint on

Mont.

the new pact Jagan la expected to taka Aŭstrailan wool and wheat, Malayan Sterling rubber and other

tured

goods in exchange for attel, textiles and other manufac

good! The current agreement, which expires on June":30, provided for reciprocal trade valued t 2143,000,000- Reutet.

PI CONTROL OF IMPORTS

Manila, April 25. The Philippine House-of Representatives passed and sent to the Senate, a bill con- tinuing rigid controls on Im ports after the present control law, expires on April 30.

The bill would establish quotas for Imports on the basis of average Imports in the years 1946-48. 1 would 'continue tho stringerit dollar-saving regulations institut- "In my view this agreemented last year. It sets up import may in future come to be requotas on a percentage busla as garded as the turning point in follows:

Indo-Pakistan relations. The pro 1. Essential imports to be re- gress and political iuituro. of duced by not more than 40 per South East Asin may well de- cent. Imports not necessary for

pend on this.

ממומן

"

2.

...

1

"Pakistanis to a

are human existence but essential to behind their 'Prime Minister, Mr. health and well-being to be ro

duced 40-80 per cent.. Liaquat All Khan, who is trustd. for his vision und realism.

i

Exchange

New York, Ayl 24. Stocks lost fractions to dround two points' In a selling wave that swept through the market in h matter of minutes and then was gone..

The market storted out with a mikell leading to the downside. Then in the second hour tho selling broke. For 11 minatas, the quotations tapë ran asimtsch ins later thant -flodr two minutke. transactions Ralls suffered im- mediately. The radio television group; however, took the hardest beating. A number of the recent- ly popular low priced luues were engulfed in the selling There strong spots weru, however, among individual issues

The aircraft group stood solid- ly against the trend and, onded with gains running to more than a point. Transfers were 2,320,000 shares.

News of new labour troubles a telephone strike, a threatened raliread walk-out and no Break in the Chrysler. car strike--wore generally blamed for the selling. Losers Included Nickel Plate, Santa Fe, Armour and Company, Electric and. Musical Instruments, Philco Zenith, Rexall Druk and Magnavox.

Don Joncs averages: Stocks

20 Industrials

75.45.

212.58.

!

14.00. 42.54.

Adams Express 22

15 Ralle

10 Utilities-

Alaska Juncau American Can

3 119 Smelting 52 Telephone 162% Tobacco. 68% Waterworks 11

Anaconda Copper - 20% Aviallon Corp.

8%

Baldwin Locomotive, 10 Barnsdall 50% Bendix A lation 424 Bethlehem Steel 37% Being Aircraft 30%. Borden Co. 51 Canadian Pacific 18%

J. 1. Case. 41 Chrysler 8015: Colgate 44%

Commercial Solvent 18 Corn Products 684 Du Pont 72

Eastman Kodak 47% General Electric 47%

Motors. #2

Goodrich 84%

Goodyear 51%

Homeatake Mining 424

International Harvester 20%

ม

Paper 40%

Tel & Tel: 15% Manville Johns

47% Kennecott Copper. 024 Montgomery Ward 553% National Distillers 23%

Lead 41%

New York Central 13% Packard Motors 6

Pan American Airways 104 Pennsylvania HR 17:

Radio Corp. 20%

Real Silk 12% Remington Rand

12

Republle Steel 28 Heynolds Tobacco 87%

33*** Schenley

Shell Oil 38%

3. Non-essential Imports to be reduced: 60-80 per cent-Sears Roebuck 43% "We also have every reason”‡|

4. Luxury Imports to be re- believe that Pandit Nehru, the Indian Prime Minister, and Ser-duced '80-65 por cent.

Essential raw materials and a dar Patel, the Indian Deputy Prime Minister, are sincere in few other categories not coveted their desire to implement the by controls would be subject to

import licensing United Press: agreement."---Reuter:

WHEAT STOCKS ABOVE NORMAL

Washington, April 25, Heavy post-war production

MONEY

MARKET

US dollars dropped to US$6.15 yesterday morning after opening al $6.18, but jumped to $0.21 inl) the afternoon,, Sova • merged

The jump followed a rumour

in the Gold and Silver Exchange that the United States of America

Soceny Vactium 17. Southern Paciile

Standard Brands 23%

Oth of Calif. 64%

» NJ 7044

Studebaker" 3236 Union Bag 27% US Rubber 04

Steel -32%

"

Carbide 46%

Lines 024 Westinghouse.

Youngstown Sheet & Tube 83 Gen. Pub. Utilities 10%

Bonds were irregularly lawet.

had severed diplomatic relations Among curb' stumblers were Fan- with Russia. has boosted wheat stocks in However at the close of the son Power Associated Press. nidjor exporting countries far

market the rate dropped to

above normal evade $0.183.

The United States Agriculturo TV opened at HK$8.20, dropped Department-

ment sold that on April to $6.1and closed at $8.283), 1 1upplies for export, and catty-

reserves in the United

· Over">"TOSŁTYCK

States, Canada, Argentina and

about: 021,000

Australia totalled

000

Was

Cat HK$15.70

steel; Humiblo Qili, Nisgäƒa+Hud-

NOTICE TO CONSIGNEES

CONSIGNEES PER

and closed at

Sterling.05.

Australian pounds were sta- tionary" at HK$1200

STA

TATES

Plastres remuthed nominal at

· bushels, “bout a ver coat HK$15.50-4 ·300, TN G

than a year ago, and 64 Picas01:IIK$25.50 a 100 were 146 21.54 per éent above the 1935-89 unchanged. ↑ Muse average. But it, was only about NEI Guilders went up 20 cents

1,752,000,000 to HR85.40 a··100---- half the...

*Of the tofab' supplies

LONDON STOCKS bushels, in 1665

ta húb London, April 24.) for "Export" and "carry-ove the The stock market was die United States holds 027,000,000 Canada 185,000,000, today as a reaction to the spread bushels.

RUBBER

New York, April 24. Crude rubber.. number -one

of the London dock wirike and an Argentina 89,000,000 and Ros futures closed 15 to $1.30 higher inclination to await the outcome tralle 120,000,000

ofcule présdht Farliamentary de

The Department reported tha

bate on the Budget

Industrials Istaro narrowly it Lregular: Olin; were dull. Govern ment bonds worn, firmi, kutur Financial Times' Ingles 107.4 'Associated Press.

S

prospects for winter wheat)

191-contracT PERT

ötämber

in Europe empremising, butum conditions in Soviet Russiavära k notiparticularly tavoluable, mode tels lacking adequate? unb sheets caver until late winter-Router Led Pre

(25.26)

23.70 bid

her one.

bbed smoked lya nominal. Associat-

STEAMSHIP

COMPANY

*.*. MONTANA”

are hereby notified that their Cargo is elischarged, late the Hong Kong & Kowlo Wharf & Godaws Co's' where it will be at consign risk the subject to thei tormar afid konditions of stora and wihara zdziwegkry obtained

Ddinkged 'packages aro „Left" frizzthis godown

amibationbym C the Company: Messrs. Carbildkael at 10a.m.“ on April

To comply with the Bonded Warehousă !~ R$

Revenue Officer-in atten

"after" the goods e

steamer

The Global Fleet T

TO HONOLULU & SAN FRANCISCO

"General Gordon"

thedunt Wilson" "President Cleveland”.

VID JAPAN

!

Arr. May

2

Salls May

Salls. May

. Arr. May 3

Art. May 28 Balls May 29

TO SAN FRANCISCO & LOS ANGELES

via JAPÁN A

.Art. Apr. 28 Snila Apr. 20 Arr. May 8 Salls May 2

"President Taft” "President Madison"

'*'*'*Calling "Taku Bar & Tsingtao":

TO NEW YORK, BALTIMORE & BOSTON

*** viɑ PACIFIC COAST & PANAMA

"President Fillmore" "Fresident Tylor"

Arr. May 13 Salls May 14 Arc

June 10

ROUND THE WORLD

Salls June 11

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

ZOEK BENG "President Barding" "President Van Bureni"

Arr. May 1. ..Art, May 16

TO JAVA & STRAITS

"President Tyler"

George's Bldg.

Arr. May 7

Salls May 3

Salls May. 17

N

A

Salls May Tel. 28172/5.

BEN LINE

SHIP

ARRIVALS

FROM U.K. via Sthgapore.

"BENNEVIB" "BENCRUACHAN”

"BENCLEUCH" "BENWYVIS" "BENYORLICH" "BENARTY"

"BENMACDHUI” "BENALDER"

SAILINGS

"DENATTOW" "BENOLEUCH" "BENMACDHUI"

"BEŃNEVIS"

"BENWYVIB" "BENARTY"

"BENCRUACHAN" "BENVORLICH'S "BINALDER"

DUE

29th Apr.

30th Apr..

on or abt 11th May

London, Antwerp, Rotterdam, Hamburg

Hüll.

Gonos, Liverpool, Avon. mouth, Le Havre, a Hamburg.

Geñoa, Avonmouth, London, Rotterdam, Hamburg & 'Hull.

Liverpool,

Dublin,

Glasgow,

Havre, Ant.

warp & Rotterdam,

14th May

27th May

6th June 1

11th June

26th Juda

Loading on, or abt. Berter in Port

15th May

15th June

20th Apr.

17th May

10th June

52

3rd May

30th May.

29th June 7

Via Malaya, Colombo, Port Budan, Adan, and Guez Canet.

† Accepts Carġa for 'Japan,

}

For Further Particulars, Apply To

--WR. LOXLEY & CO. (CHINA)] LTD.

York Building.

Agenta

Telephone: 34185.

SWEDISH FAST ASIA CO.LTD

n.v. HEMLAND

LOADING 5th MAY

SAILING

For

6th MAY

ADEN, FORT SAID, GENOA, MARSEILLES, TANGIERS, CASABLANCA, ANTWERP, ROTTERDAM, BEEMEN, MBURG, COPENHAGEN, OSLO & GOTHENBURG

GILMAN & CO., LTD.

Tel-31146.

Royal Interocean-Lines

Extra Salling to South Africa,

TJIBADAK!

Sailing 1st. May for

SOUTH AFRICA

MANILA & STRAL