1950-05-04 — Page 12

THE CHINA MAIL, THURSDAY, MAY : 47-1000.

TUNIS

ARRIVALS SAILINGS

ROYAL INFLBO CLA İN

SINGAPORE, JAVA

PORTS and

MACASSAR

*VAN HEUTAZ”

"TJITJALENGKA"

"TJIMENTENG"

"TJIBADANE"

to s'pore, penuhà & à bill

• Only

MANILA, EAST E

SOUTH AFRICA &

SOUTH AMERICA

"STRAAT MALAKKA"!

"TEGELBERO"

"STRAAT SOENDA"

& South America only.

JAPAN

"TJIBEBAR"

"BTRAAT. MALAKKA"

"TJIMENTENG"

In Port

in Port

13th May

22nd May

13th May

18th June

dil May

9th May

27th May

7th May

Bin July

Not calling Manila and accepting Cargo for. East Africa

"STRAAT BOENDA"

FINANCE

AND

OMMERCE.

AMERICA ANNOUNCES FIRST TARIFF CUTS

Hồng Kông Stock Exchange

Washington, May 2.

The United States will zur tariffs on butter, olive oil

and lemŏks within à month and ednalder tárift concorsiónì dh duyðtal kundred other itoms:

the cuts on duties for butter, olive oil, lemons and d number of other agricultural products be- came automatic when Italy and Demark formally signed a tariff agréement negotiated last year at Annecy, France,

Banks Improved agoln both In

In return Italy uhd Deh-l London and Hong. Kong, local business being put through at mark will case their restric-| $1,255. The rest of the Market Lions on imports of some was quiet with the exception of China Lights and Electrics, which American manufactured

5th May

6th May

20th May

6th July

20th June

were rendity absorbed,

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MEERKERK"

"RYNKERK"

"LANGLEESCOT"

Through B/L huid to

Mediterranean and Northern

European porta.

JAPAŃ

"MEERKERK"

"RYNKERK”

"LANGLEESCOT"

ARRIVALS SAILINGS

.In Part

12th May

early Junto

41 May early June

6th May early June early July

18th May

early July

WALAAN 12 Ma

early June

KING'S BUILDING, TELEPHONES: 28015 10 28017

CHINESE ANENTS: 82, CONNAUGHT ROMA, EL DUS 3919, 25LD

ISTHMIAN LINÉ

(Isthmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL ADVOCATE"

"STEEL SURVEYOR" "STEEL EXECUTIVE"

Tanks available for Bulk Oil,

11th May .22nd Jube

.23rd July

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

"STEEL AGE"

"STEEL AGE"

ARRIVALS FROM U.S.Á.

STEEL SEAFARER"

本

Salls N. Y. Salls S.F. Salled Salled 17th May 3rd June

GILMAN & CO.,

Tel. 31348

17th May

Due II.K. 18th May 24th June

LTD.

Chinese Freight Agents:HIN FAT & CO., LTD. Teis: 28833, 25559 & 23483.

ISTHMIAN LINE

(Isthmian Steamship Edinpany, New York)

S.S.❝STEEL ADVOCATE”

LOADING 11 MAY

SAILING 12th MAY FOR

LOS ANGELES & NEW YORK

vid PANAMA CANAL- Passenger Accommodation Available. TANKS AVAILABLE FOR BULKOIL

GILMAN & Co., LTD.

Tải điều.

Chinese Freight Agents:-HIN FAT, & CO., LTD., Tels: 28823, 25553 & 23483. .

ILK, GOVT. LOANE

4% an ob

54% Loan (1934 & 1940) Øib.

* Leman (Dan) bab.

ΠΑΝΙΚΗ

H.K. & B, Bank 12450, 1270, 12in. 1. Hea. JB. Chartered Upako ich. Mercantile Bank A. & U. £22 7/En. Pank of East Asia 16ft.

INSURANCEH

Cantin In. Exit, 2006. Union, Ine, Gebt,

Chles Underwriters in. 14.. Fire In 2001,

SHIPPING

Douglases. 2010.

1.K. & M. Steamboate in. Indo Chitik (Prof.) - 894#,

(Del.) on.

Bhelier 1/199

Union Waterbonia Ex.Div, 28. Aula, Nay. Dr.

DOCKS, WHARVES, GODOWNя, Kit. H.K.K. Wharem DO.

Narth Point Wharves. L.Gcn.

Shanghai Hongkew Whats 16h.

IK, Docks 24.

China. Providente 1011⁄2n, Khunghal Dockyards 3,70h, Wuelucka ina.

MINING

Raub Mlars 4.10th. H.K. Mine.01% n.

LANDS, HOTELS & BLD08.

HI, A. iotela 2n, H.K, Landa 29. Shanghal, Landa 18. Humphrey 70. 1.K. Belfen 2, Chinese Estates 1245.

PUBLIC UTILITIES IEK. Tramways 11 440.

Penk Trama (Old

(New) n.

Eithr Frezles in.

C. Lights (013) D.Tob, 104, Dan

¡Now) 0.2.

»

H.K, Eirtelen 2139/34m Maceo Blectrica », 18%. Banelekan ishla 85%. Telephone 14. Branzhai Gna 1.

INDUSTRIALS

Cold. Hic, (Ord.} 25. Canton leva 21⁄2n." Cements 1.

H.K. Rupes 11n. "

STORES, Etc.

Dairy Farms Batib, 12/34%),

Watsons.

L. Crawforde 225,

"Bincères" 3.80

China Emporium 10.

Sun Co., Ltd. 2n.

Kwong Bang Heng 100.

Wing On H.K.) 62n..

Wm. J'awall LW, N.

MISCELLANEOUS China Entertalomënte 34a. JI.K. Constructions (04) 2.4.

(New) 1.1on.

Vibro Pillas 114.

Markman Inventerit 9/-1, Markman (II.K.) 10. Shanghal Loan 10, Yanga naye

EWON 2.100.

COTTONE

RUBBER COMPANIES

Alma Estates 148.

Anglo-Dutch tun.

Anglo-Java 1.

-Igle Adkä JODI JOHN,

Bute Pantallona 40

Chemor United .09%.

Cheng Rubbers 106.

Consolidated Rukbers, 1.800 Dominion Rubleri 130h.

Kola Bahre Job... Krydock Javke 105.

L

Tadeng-Rubbir „,033. Kepah Rubbers-Job, Rubber Trusts $8*** Babak Rubber Bemambi Iubbers, 15b, -Khadkhat; Kedába, één. Shopkchai-Malory, 100. Shanghai Pahang thà Shanghai Bumatris Id: Be Mazzi 197. Budzki Durts 1886. Tanah Meraha 486. Hebob Rubbers 167. Zianabe Nubbos HOT

foods.

The arrangements were made under the Reciprocal Trade Act which authorises the State, Do- partment to negotiate Jimited iori concessions.

Surcharge

on cargo eliminated

New Delhi, May 2. American Shippling Confer ence lies have informed the Government of India of their

dlately

New York Stock Exchange

Tow York, May 2.

NOW

Heavy last-minute selling, bat- fered radio television stocks today and Alcked most other sections of the market.

Trading volume. was so large Just before the, close that the high speed ticker taph fell be- hind, in recording transactions on the floor of the Exchange. Tura- over for the session topped 2,000,- 000 shares.

market climb- highest level in nearly four, yours.

On Monday, the ed to

Television issued started, to crumble a few minutes before the close with Zonith losing three! and a half and Admiral about | three. Also down were Emerson, Radio Corporation and,. Motorola.: Losses outnumbered gains by a fale amount.

State Department oficials dis closed that they are about to

Ahead in the rail division ware hominate hundreds of other Items

Santa Fe, New York Central, and fox, possible tariff concessions,

Included will be, Bop agricul-decision, lo eliminate. Imme-Southern Facile aindag others. the 25 per cent sur-Lower prices were paid for

Steel, tural and manufactured goods.

Stude "Goodyco Woolworth. The list will probably be made charge imposed by them on Bethlehem. Republic

consigned to

Bombay baker,

National Distillera. bubile in about a week.

Lorkheed,

Dow Jones averakes: Stocks The American decision followe the recent visit to New York of 70.60; 20 Industrials 214.07; the Secretárý. of the Indian Rails 40.60; 10 Utilities 43.04.

Closing 224 Transport Ministry, Mr. Y. N. Sukhtanker, who discussed the question with the United States shipping authorities.

The State Department will hold hearings later to plec American business Interacts a chance to object.

Torquay talks

carga Port.

The Department, three weeks

Mr. Sukhtankar also had dis- afo hathed 2,500 items for possl- ble inclit concessions and arrang-cussions with the Chairman of

the United ed hearings starting on dy 24.

and British Conference ingdom Shipping Oftelals, still, however, that ob lines are also expected to abolish Jertions to possible concessions

the surcharge soon, have been fewer than expected..

The surcharge was imposed. hy Under the plans the State De- partment will send negotiators to American lines in October, 1948. mase tariff cutting conference and by British lines in July, 104, beginning in Torquay, England, because of congestion In Bombay Docks, which had led to delays on September 28,

will be in the unloading of eargo, American negotiators

Action

taken by the In- reduce prepared to freeze or faries on the imports of certain foreign goods, if the foreign coun- tries, make similar concessions on United States goods. The object international js 10 encourage trade. United Press,

Money Market

US dollars opened yesterday at HK$6.00, climbed to $0.12 in the ofternoon; and closed at $611.

Transport Ministry to speed the turn-round of ships, and the surcharge was suspended by both countries last December.

It was stated here today, that à return to normal conditions on the Docka had, led, the American lines to abolish the surcharge. completely Reuter.

•

NOTICE TO CONSIGNEES

M/V "CLYTONEUS”

Damaged cargo ex this ves- sel will be surveyed at Holt's Wharf between 10 am. and noon on May 4 and 5, 1956, un-and consignees are requested to have their, representatives

TT opened at 11K$6.14, climbed to $8.16), and closed at $8.15%.. Sterling opened at HK$16.65 and closed at $15.07.

Australian pounds were changed at HK$12.55.

Pinstres remained nominal at present during the survey:

HK$12 a 100.

Ticals at HK$20.50 a 100 were unchanged;

NEI Guilders were qubted at HK$4 a 100 nominal.

INDO-GERMAN TRADE TALKS

Frankfurt, May 2. Talks were opened there today for a trade agreement betweet West Germany and India to re- pluce the one expiring on Juno 30. this year.

BUTTERFIELD

& SWIRE, Agents:

Hong Kong, May a; 1950:

NOTICE TO CONSIGNEES

From PERSIAN GULF; KARÁCEN, BOMBAY,

·COLOMBO & STRAITS Consignees per ship 2.5. "MARGARET CLUNIES"

The Indian, delegation is head.š. ed by Major-General Knub Chand, the Indian diplomalle re- hre hereby notified that their presentative in Germany. He is cargo will be discharged into Assisted by two members of the the Hongkong & Kowloon Indian Trade Mission in

Getmany.

Adums Aláská

American Can 110

*

Anaconda

Aviation Corp. 8%

53

00%

10%

30%

Baldwin Locomotive 103% Barnsdall 62%

Bendix Aviation 40% Bethlehent Steel 32 Boeing Aircraft 30% Borden Co. 5034 Canadian Pacific 16%

1. Case 43%

ler 65 44

Commercial Solycht 17% Corn Products 68% Du Pont

733%

Eastman Kodak 40

General Electric, 48

Motors 85

Goodrich 87

Goodyear, 52

Homestake Mining

International Harvester 27

29

Paper 43 Tel & Tel 144

Johns Manville 48% Kennecott Copper 14 Montgomery Ward 67% National Distillers 21%

Lead 40% ཟ New York Central 14% Packard Motors 1

Pan American, Airways 9% Fennsylyahla RR 17 Radio Corp. 20249 Remington Rand 12 Republic Steel 31% Reynolds Tobacco 27% Schenley 314 Sente Roebuck 441 -Oll-40 Shell Oll 40 Socony Vacuum 17d Southern Pacific 634 Standard Brands 23%..

Oil of Calif 05%.

Olof N. 5. 71%

Studebaker

Union Bag DALE

"

Carbide

US Rubber 42 !Steel 32% Lines 1676

z

With

West Wharf, &. Gotown Co, Ltd Corpor015 Unuities Tas

included Hollinger

15

Gigi Royaute Natural Electric Bend rid Shore, Venezuelan, Petroleum

Sheet & Tubb.13% bonds showed only The new agreement is expected where it will le at consignetis

US. minor price, chaarb.ins to provide for an exchange for risk and expense and subject goods at a value of between $32 to terms and conditions of Governments steady. million and $40 million each way. storage of the Hongkong & ers

The curent agreement covers Kowloon Whart & Godown Oklaháj the exchange of $12,579,000 each Co., Ltd. The cargo is expect-il, Electr

ed to be ready for delivery The heat of the German dele- Gon, Herr Huger. Van Scher- the Godown on and after peaterg, expects the talk to be May 4, 1956: amboth; since the exchange of. goods in the past year has been very satisfactory-Reuter.

way.

Carga is considered as being]; accepted in good order and condition by consignees, unless Broken, chuffed and damaited' packages are left in the Go Colombo, May down for libsequent examinh- Commerce Minliter tion By Mesars. Goquifd B announced that Ceylon negotiate à freal rate pact anafains in the presence of nsignees, at 10 am on Japan to replace the pregnt May 8, 1650. **** agreement which is due to expire on June 30-Asolated Press.

Ceylon's

SWEDISH EXSTASIA OCEAN AGENCIES, LTD.

CO LTD

ARRIVALS FROM EUROPE

m.v. “HÄLP?

"SUMATRA"

m.v. "HEMLAND" m.y. “TONGHAI! m.v. "BALI”

.28th May .End Juno

TU EUROPE

15th May

8th. May

15th Junu

: :

FAR EAST SERVICE FROM USA, PORTS

5.S. "ARGOVAN" “ARGOVAN”

TANGIERS,

HENBURG.

THE HONGI

HAMBURG

GILMAN • CO., LTD.

Die Un of about 6th May

Filbutol sito arrange for lovE and landin

HIPPI!

CO. LTD.

5

Lower, were Sealing. Haytheon, Fansteel Metallurgical.

Associated Press;

BRITISH GOLD

FOR U.S.

Washington, May Britain, aripped $7791;128 in gold to the United States in the first week of April, the Celichs Bureau reported today, we f

The Bureau, sald foreign-owned To comply with the Central gold in the Federal Reserve Bank Bonded Warehouse Regulation, increased $7,700,000 during the consignees must have a Re-week to a total of $4,520,139,549. verub Officer in attendance Associated Press when daftablé goods are examined.

All damaged cargo claims.

against the steamer must be

presented to the undersigned

LONDON STOCKS

London, May 2. Loading Industrial shares were

on or before May 25, 1950, frm in a quiet session.pf, the Lon-

or they will not be recognised, don Stock Exchange today. Bri-

tih Government bond ralitéd

No fire insurance will be after a slight forenoon sinking

effected

KODA to lash unchanged for the No claims will be admittent The Financial Times' Index was unchanged." Associated after the goods have been taken' delivery of ex pij: ternitively

Gomen NY RUBBEN. Be-XdWloon What! / Co's premises upleskin içintin

beck wurveyhan previoutly affected:

oho

New York, May 2... Crude rubber number futures eloved five to 50 lower.

-80 contrasts.

The Global Fleet

S.S. PRESIDENT WILSON Will sell for HONOLULU and SAN FRANCISCO

via Kobě aha Yokolämä

on Thursday, May 4ik, af Midnight. Pitsenters are, requested; to board the vessel on Thursday, May 4, between 8.00 P.M. and 10.00. P.M.

Hand baggage wil boreceived at Godown No: 60, Gale No. 2, Canton Road, Kowloon; on May 4th; between B.00 P.M. and 10.00 P.M.

$.$. GENERAL GORDON

wil

HONOLULU ON FRANCISCO

via: Manila Und Jupan

on Thursday, May 4th, at 4.00 P.M. Possenters are requested to board the vessel, on Thursday, May 4th, betwech 9.00 A.M. and 11.00 A.M.

Hand bagsuke will be received at Hohlkong & Kowloon Wharf & Goddwn Co., entrance through Gate No, 34, Canton Road, Kowloon, on Thursday May 4th, between 9.00 AM, and 11:00 AM.

BEN LINE

SHIP

"DENNEVIS*

“BENCRUACHAN” .....

"AENCLEUCH”,

14BENWYV18"

"BEN

ICH"

NO"

"BENCLEUCH" "BENMACDHUI "BENAVON"

“BENNEVI8".

"BENWYVIS

"BENARTY"

"BENCRUACHAŃ",

"BENVORLICH" *BENALDER"

ARRIVALS

FROM

„U.K. via Bingapor

ŠAJUNGS

BUE

In Port in Port

11th June

8th May

on or abt. 14th May.

27th May

Beth June

22nd Juha

25th June

9th July

Loading on or abt.

London Antwerp, Hamburg Rotterdam,

& Holl

"afnbó...”" Liverpoof,” L'a

Havre A Rotterdam.

Elvérpadtí.

Rotterdam, burg.

10th May

18 JUR

13th July

Buoy A.11.

Dublin;

17th May'

Ham-

10th June

dense, Le Havre, Lon- den & Hamburg. --

Liverbpol, GIRETOWĄ "Dublin Antworp

Rotterdam.

↑ Accents Cargo for. Japan,

8th May 30th May

29th June

*Accepts. Cathð for. Hävre,

Viù Malaya, Colombo, Port Sudan, Aden, and Suez Canal.

For Further Farticulars, Apply To W. R. LOXLEY & CO. (CHINA) LTD.

Agents York Bulldis.

Telephone: 4183.

BARBER-WILHELMSEN LINE

EXPRESS FORTNIGHTLY SERVICE

M.V. "TANGRED

LOADING

7th MAY

Fof

PACIFIC AND ATLANTIC COASTS Via Japan.

Transhipment cargo accepted for gulh Xméhekh and Wait faits Pött:

DODWELL & CO., LTD.

U.S. ORIENT MERCHANT LINE.

ARRIVALS

N LORLEY USED