1950-04-28 — Page 12

THE CHINA MAIL, FRIDAY, APRIL 20, 1950.-

ROYAL INFIBO CUAN HINES

☛ SINGAPORE, JAVA

PORTS and

MACASSAR

"VAN HEUTSZ"

"TJITJALENGKA"

"TJISADANE"

ARRIVALS SAILINGS

2nd May

3rd May

22nd May

6th May 9th May 27th May

*Only to 8'pere, Penang & D Deli

● MANILA, EAST & A

SOUTH AFRICA &

"SOUTH AMERICA

"TJIBADAK*

In Port

"STRAAT MALAKKA"* de

13th May

"TEGELBERG"

*Not proceeding to South America

1st May 6th May

1st June

**Not calling Monlia and accepting Cargo for East Africa

South America only. '.

JAPAN

"TJIBESAR"

"STRAAT MALAKKAY.

4th May 30th May

a

5th May

15th May

"TEGELBERO",

Agents: HOLLAND-EAST ASIA LINE

⚫ EUROPE via MANILA

and MALAYA

"MEERKERK"

"RYNKERK”

ARRIVALS SAILINGS

Issued

....

to

12th May early June

6th May carly, June carly July

"LANGLEESCOT".

Through Be/L

Mediterranean and Northern

European ports,

JAPAN

"

"MEERKERK"

"RYNKERK"

"LANGLEESCOT"

5th May

early June early July

13th May

early June

KING'S BUILDING, LEFFPHOSTS: 2015 –TO. 28017

....... COBNESE AGENTS, BE, TONNAGGIE – ROAD, E, FEUN: 4116 2431

MATKO

ISTHMIAN LINE

(Jethmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL ADVOCATE"

"STEEL SURVEYOR” "STEEL EXECUTIVE"

11th May 22nd Junc .23rd July

Tonks available for Bulk. Oil.

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

FINANCE AN COMMEROE.

NEW CEMENT PLANTS IN MANCHURIA

OPEN

Hong Kong Stock Exchange

ILK. GOVT. LOANS. 1 tamo ba

Loun (1534 & 1920) sab. 11444 Loan (194k) vsk,

DANKE

H.K. & H. Dank 1240, 1740m,

(tom. Res. 76, Chartered Bank 0 3/10, Arrestit Bank A. & 11 £22. Bank of East Adn 104

INSURANCER

Canton Thu, 215n,

Uian Inn, DESU.

Cicles Underwriters Dr.

H.K, Fire, 2008.

SHIPPING

Douglanes 2001.

11... M. Ateamboats 1th. Indo China (Prof.) 801⁄4n,

(Det.) 200.

Shelf (learer) 81/50.

Un Waterboats Ex.lv. 240.

Amin Nuv. Göka.

DOCKS, WHARY)N, GODOWNS, Ete.

.K.K. Wharves

North Point Wherere tcha.

Ahanshal

ghew Wharven in,

H., Dock 17.231. Ginn Provideste 10n. Shanghai Bockyards 3,700. Wheelocka 2254»n.

MINING

Roul. Mines 4.70.

J.K. Mine 01.

L

.LANDS, HOTELS & BLOGS,

3. & H. [ote}< Um.

ILK, Luns 40m.

Shanghel Lans 1b, 1.20.

Humphreys On.

H.K. Realien 20.

Chinese Fetnice 12in.

PUBLIC UTILITIES

JK, Tramways 111, 11ken.

Peak Trans (Ulda 185.

(New) 0.

Bine Ferries 790.

Lights (Old) 19,50m.

(New) 8.15.

.Div. 18m.

11., Electrics 2019. Macau Electricn Sandakan Light H Telephones 143. Shanghai Gee 14.

INDUSTRIALB Call, Maer. (Ont.) 288. Canton les 34 m.

Cement 2,100.

11.K. Ropes 14n.

STORES, Ete.

Iniry Farms 26m.

Watro Ex. This 2352.

China Empelum 19.

1. Crawfords 22. Sincere 1.801,

"STEEL VOYAGER"

1st May

Nun Co. Ltd, 2.10mm,

ARRIVALS FROM U.S.A.

"STEEL VOYAGER"

Salls N. Y. Sails S.F.

Salled Salled Sailed Salled

Duo II.K.

1st May 16th May

"STEEL AGE””

GILMAN & CO., LTD..

Tel. 31145

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

"Tele: 28823,-25659-&-29488.

TIM TRE

ISTHMIAN LINE

+

(Isthmian Steamship Company, New York)

S.S. "STEEL ADVOCATE"

LOADING 11th MAY

SAILING :/ 12th MAY

FOR

LOS ANGELES &. NEW YORK

vio PANAMA CANAL Passenger Acconimodation Available.

BULK OIL

TANKS AVAILABLE FOR BU

GILMAN & CO., LTD.

Tel. 31116.

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

Tels: 28823, 25553 & 23483.

SWEDISH EAST ASIA EASTASIA A CO.,LTD

ARRIVALS FROM FUROPE

m.v. "TONGHAI":

.In Port!

m.v. "BALI”

.24th May

SAILINGS.TO. EUROPE

my. "HEMLAND"

5th May 13th May 1st June

EILLES, - TANGIERS,

BREMEN, HENDURG

m.v. "TONGHAI” m.v. "BALI".

ADEN, PORT BAID, GENOA,

GILMAN & CO, LTD.

1140

CASABLANCA, ANTWERI HAMBURG, COPENHAGEN

Wing On (H.K.) 520. Wm. I'uwell, Ted. Blán.

MISCELLANEOUS

Chion Enteriulpements in H.K. Contractions (Old) 2.40.

(New) 1.8

Vibro Filings 11%. Maraman Investments 9/-n. Maman (I.K.) 75, Abanalud Lown in. -Yunaissen....Jau,

Ewo 2.72.

COTTONṚ

RUBBER, Ric, COMPANIES Alma Estates 10147. Anglo-Dutch 300.

Angiedaran 1.

Ratu Anime 15n. Bute Plantations 30a.

Chemer, United 50%.

Cheng Rubben jön..

Consolidated Rubbers 120sm. Dominion Rubbers 1,3011, So are Bob, 10. Kroewock Javan 101, Inphate in.

Padang Rabbers 30. Renah. Rubbers 10b, 10. Rubber, Trusla 2.70.

Bazar Rubbern 101, 75, Bemambu Rubber 5, 5. Shanghai Kedahs 14b. Khanna-Malay 10 Shinghal Pahang. Shanghai Sumatras 00. Ban Maukais 10b.

Bunzel Duris 16... Tanah Merstu 456, 31/Das. -Trbon Rubbers 3th, 10.

Zlanabe Rubbers 300..

LONDON STOCKS

San Francisco, April 26.....

Two more cement, plants in Manchuria are: about to start the production of Portland cement, Poking Radio reported tanight,

Rapid, growth of industry in Manchuria has created a big demand for cement, the Radio said.

It added that one of thef will make loans to tea farmers plants, in Anshan, was wrecked to help them increase their out-

New York Stock Exchange

New York. Abril 20.

A late flurry of selling but the stock market on the downgrade today,

Aircraft fasuca enjoyed support for a while but closed under their best, marks, Prassure cen- fred on steel and radio television

in 1945 by the Japanese and put

The Government will act as groups. has not been functioning since the sole exporter of all tea D Turnover for the "full" sokilóm then. Restored, it will resume iussia, However, private trad-was at a rate approaching 2,000,-

int is allowed for other markets 000 shares. operations on May-1.

The other plant, In Chinshi, Africa, for instance-Reufer. was, according to the Radio, bad- ly wrecked by the Kuomintangi the sear before fast. Its res1 toration has been

accomplished

two months nhead of schedule,

“SECRET DEAL

Chinshi Is on the Peking ON TANGANYIKA”

Mulden railwhy.

Communist China will try to troduce more and better black ten this year, according to Peking Radio.

This is part of a 1950 proilue tion and marketing programme the Central South China

for

areas drawh-up by the State-

owned China Tea Company,

For Russia

A. major China export item, black ton has been listed as one of the commodifles which la to

Bovlet be ⚫ent to the Union by the Peking Govern. ment in repaying the Russian financial loan.

London, April 26. The Communist "Daily Worker" said today that the Bank of England is negotinuing a secret deal with American interests to give the United States direct participation in Tanganyika copper mines and uranium mines in the Belgian Congo.

The Bank of England declined

that to comment on the report.

Recalling

Mr. Cobbold, Governor of the Bank of England. name errand whose objective went to New York last November The Radio said that six pro was never made clear, the City cessing plants are to be set up in of London decided there is some Hupel, Hunan and Klangst Pro. thing brewing in the reported

sale of the control of the Tah vinces, areas which produce third of China's total annual out-ganyika concessions by the Bank

to the Americans. uf of tea,

л

Aircrafts moved up, on" news that some legislators 'are' plugging hard to expand the hirforce, US.

·Steel allpped after announcement of a 63 cent dividend, evidently something of a disappointment to

some traders.-

ㄓˋ

Emerson radio lost on word f stock split plan.. American Telephone continued to improve. Also lower were General Motors, Montgomery. Ward, Lockhead, Chrysler. Studebaker, Goodrich,

Qil, Johns Schenley. General Electric, Ameri- san Can, Standard

Manville.

Dow Jones averages: Stocks

20 Industrials 18 Hails

10 Útlities

Closing prices Adams Express American Cafi American Stichting Alaska Juneau

American Telephone American Waterworks American Tobacco Anaconda Copper Aviation Corp..... Baldwin Locomotive

These plants will be equipped Speculators swarmed in at the Montgomery Ward with modern machinery. They opening, and lifted the price of National Distillers will devote exclusive attention kind of Tanganyika stock by to four of China's best grades of 9d in 268, ten for export.

Last December, when word got The Rado added that though around that a big deal was under all other kinds of tea for domds-negotiation for the Bank of Eng tic use will continue beland'a 25 per cent holding, shares crown, a number of counties will ran up from 17s to 278, and have bencaforth turn to black ten cut been firm around that level ever

The Government I since.-United Press. tivation only.

to

American shipping subsidy defended

Washington, April 26.

American shipping today defended the subsidies it receives from the Government as a moans of protecting United States standards and, wages against unfair competition by "cheap foreign labour.

National Lead

New York Central Packard Motors Pan American Airways Fennsylvania BR Radio Corp. Remington Rand Repubile Steel

The Global Fless

TO HONOLULU & SAN FRANCISCO

"General Gordon"

"Prealdent Wilson"

President Cleveland"

vip JAPAN

„Arr. May 2

Arr, May 3 Arr. May 28

Sails Atay Sails May Sails May 23

TO SAN FRANCISCO & LOS ANGELES

via JAPAN "President Taft"

'In 'Port "President Madison”” ...................... Arr. May R

Sails Apr. 20 Sails May 9

*Calling Taku Bar & Tainglas TO NEW YORK, BALTIMORE & BOSTON ́viɑ PACIFIC COAST & PANAMA

Arr. May 13 ...Arr. June. 10

"President Fillmero" "President Tyler”..

ROUND THE WORLD

Salls May 14 Salls June 11

*

*** VIA MANILA, SINGAPORE, COLOMBO, COCHIN, HOMBAY.“ KARACHI, SUEZ, PÓRT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON Sails May 3

1

Snils May 18

"President Harding",

Arr. May "President Van Buren" ......Arr. May. 17

༥ ་་

{ཀ#

TO JAVA & STRAITS

"President Tyler"

.... Arr. May. 7.

St. George's Bldg,

75.21

211.72

34.73

42.48

22

3

1164

6174

1542

OB

11

2956

E

0%

544

23

41%

132

3:2

10

"BENNEVIS"

8

Sails May

Tel. 28172/5.

BEN LINE

!ARRIVALS

FROM

SHIP

"BENCRUACHAN

BENCLEUGH"

+"DENWYVIB"

"BENVORLICH"

Reynolds Tobacco Schenicy

"BENARTY"

324

"BENMACDHUI

44

"BENLOMOND"

374

"BENALDER"

17

"BENAVON"

Scars Roebuck Shell Oll

Sucony Vacuum

Southern Pacifie

Standard

Branda

Standard Dil of Calif.

Standard Oil of N. J.

Studebaker

Union Bag

Union Carbide

US Rubber

US Steel

US Lines

Westinghouse

Youngstown Sheet & Tube Gen. Pub. Utilities

In the bond market, American Telephone Issues advanced while railways

Frazer Bailey, President of about half the cost in American the National Federation of yards. The margin between for American Shipping, said the clin and American operating pr

the discrimination against Amer-costs Is widening because ican shipping lines by a num-American Ilving standards and

wages are improving. ber of foreign countries it creating an increasing number of international disputes

The post-war probleme fag. Ing United States shipping as listed by Mr. Bailey are: dollar shortage, Government control of: foreign trade and foreign discrimination against United

Vessels. Statos

DUE +

U.K. Via Singapore,

29th Apr.

'3rd May

on or abt.

11th May

#

14th May

E

27th May

.. 6th Juna

.

11th June

22nd Jung

25th June

0th July

1

"BENCLEUCH" "BENMACDHUI“. "BENAVON"

SAILINGS

London, Antwerp, Hamburg

· Rotterdam, & Hull.

18

"BENNEVIS"

31

8174

10%

"BENWYVI

"BENARTY"

"BENCRUACHAN”

"BENVORLICH"

"BENALDEA",

declined. Associated

NY RUBBER

New York, April-26;- Crude rübber number orie futures closed 90 to $1.09 lower. Sales were 125 contracts,

28.12.

Testifying before the Senate Commerte sub-committee, Mr. Bailey urged that no charges bé made in the basic subaldy pro- visions of the Merchant Marine Act of 1936. The law does not guarantee shipping lines profit and does not insure them against currency other than the United ed shecla 24-4 nominal-Asió-

The dollar problem causes for- eign interests to ship in vessels where, payments can be made in.

loss. It is only, a device For S

States. Mr. Balloy said the dis- Federal ald which provides for criminations result from post-war the recapture of subsidy pay entrance into shipping of coun ments in profitable years. The tries with how maritime am- subsidies are puld to offset the sitions and nationalistic feelings. lower foreign operating and ship He named most of the South construction costs,

American countries. Po

Th Portugal, die, China and Israel, and sald many of these countries cannot afford subsidies and have taken Indirect steps to bolster their national. Unes United Press.

Mr. Bailey said foreign ship yards can now deliver ships for

Money Market

US dollars took the down griḍei

المقال

September December

22.60. 21.70-75.

-Spot number one ribbed Brhok- ciated Press.

MAERSK LINE NOTICE TO CONSIGNEES

The M/V TREIN MAERSK” having arrived from New York and Ports of call, Consignees of Cargo are hereby notified that their goods are being landed

yesterday as they dropped to NOTICE TO CONSIGNEES and placed at their lik HK$0.184 at the

close. The opening rate was $6.18 andˆt

went up to $0.1891 before the fall

started in the afterntón.

A

WAR HAWK"

And expenses into the Hobg Kong & Kowloon Wharf Go- Having arrived Hongkong down Company's godowns t TT opened at HK$0.22 and consignees of cargo are hereby Kowloon, where delivery may notified that all goods have be obtained as soon as the goods

at $0.18 cents

Flosed was down five cents to been landed and placed at their are landed

ro- 1&10%

London, April 26. ***Trading on rabst sections of the

London stock market was duced to a minimum day af dealers kept wary eyes peeled on the Budget debate,

Loading

Industrials quietly maintained with gains:

The Financial

was 107Asociated

Australian pounds were, alta down five cents to HK$12.55.

Piastres were marked down to HK$12 a 100 nominal.

were small Ticals at HK$20.50 a 100 were *** unchangel.*** index 1 NET Guilders opened at HK$8.40

closed at $5.30.

SWEDISH EAST ASIA CO.LTD

m.v.“ HEMLAND"

LOADING 5th MAY SAILING. 6th MAY

DEN, PORT, SAID, GENO

CASABLANCA,

TAMBURO, COPENHAGE

GILMAN

TANGIBBS

BREMENS

THENBURG

CO., LTD.

risk and expense into the go

Optional.cargo will not be downs of the Hong Kong and landed here, unless notice Has Kowloon Wharf and Godown been given 48 hours prior to Co., Ltd., where delivery may vessel'n arrival, but carried on be obtained as soon as the from port to port to the final port of call to which the option goods are landed.

extends. (1)

No claims will be admitted after the goods have left the godowns or fallure to attend the survey.,

All broken, chafed and dam- aged goods are to be left in the godown where they will be examined in the presence of Mesara, Goddard and Douglas on May 1, 1050, at 10 am

No claims will be admitted after the Goods have left the Godowns, and all goods remain- ing untfelivered after May 13, 1950, will be subject to rent,

All- broken, chafed, and damaged Goods are to be left In the Godowns, where they 1980, at 106m by our Sur will be examined on May 3,

To comply with the General vevers, Mesars, Goddard (8 Bonded Warehouse Regulations, Douglas, consignce must have

Loading on or abt.

15th May

15th Juna

13th July

denca, Liverpool, b

Havre,

¡Rotterdam

4.

30th Apr.

Hamburg.

Liverpool,

Dublin,

17th May

10th June,

6th May

30th May

20th June

Hamburg & Hull.

Gandi, Le Havre, Lon-. don & Hamburg...

Liverpool,

Glasgow,

Dublin; Antwerp

Rotterdam,

† Accepts Cargo for Japan.

Accepti Cargo for Havre.

Via Malaya, Colombo, Port Sudan, Aden, and Buez Canal. For Further Partientors, Apply ToTM- W: R. LOXLEY & CO. (CHINA) LTD.

York Building

INDEPENDENT

Agents

Telephone: a8185.

ISBRANDTSEN

DEPENDABLE

REGULAR BAILINGS 'FROM HONGKONG

to New York, Baltimore and Philadelphia via San Francisco or Los Angeles

"FLYING ARROW"'

*Due from!··

Manila May 10th

(Thatishigident Cargo Accepted. Tok Hayana and other Cuban: Ports, aldo Venezuela),"

Balla-fori

Baits May 19th.

Direct for Japan Ports

thence... Taku

Bar.

Tsingtao, Japan, San

Franalice

and

Now

York via Panama.

Limited Passenger accommodation available

Above Dates-Bubject to Change

For Information Apply to:

A. Þ. PATTISON & CO., LTD.

GENERAL AGENTS: CHINA, FORMOSA, KOREA, JAPAN

WE HONGKONG

17-14, QUEEN'S ROAD CENTRAL, 4th floor. TEL: 25340 Chinese Agents: LAM KEE SHIPPING CO.,

20, Connaught Road, G.: Tel. 24000, 80

the US. ORIENT MERCHANT LINE.

to comply with the General

venue. Oficer Fin Vättéád fancè when examining damaged duti-Bonded Warehouse Regulations able goods. All claims against the velsel must be presentiča to the undersigned within four teen days of the ship's arrival For they will not be recog

Now freiniranco, will Arected.

April

consignees must have a die- venue: Oficerinar attendance when damaged, dutiable goods are examined.

All Cla before May

reach us

Före they

not be re

QUARRIVALS Than

DUE

FAST COAST/USA.

28th

U