1950-05-18 — Page 14

CHISA MAIL, THURSDAY, MAY 18; 4950,

ROYAL INFEROCIAN

TINI

ARRIVALS SAILINGS

20th May **

24th May..

28th May

"

6th June

SINGAPORE, JAYA

PORTS and

MACASSAR

"JIBADANE" "VAN HEUTEZ” "TJIDODAB””. "TJITJALENGKA”

■ MANILA, EAST & SOUTH AFRICA &

SOUTH AMERICA

"TJISADANE"* "BERLAGE"

sfst May

not calling Singapore

"TEGELBERG"

**TJIKAMPEK"

"STRAAT SOENDA"

"HUYS"

10th June

10th June

In Port.

14th June 4th July

. 18th June

18th Jone

0th July

. 27th July

"Loading, for Mauritļus & Bouth America only **Loading for East & Bouth Africa only

in Port

23rd May

8th June

20th May

2nd June

18th June

4th July

19th June

10th July

26th July

Agents: HOLLAND—ÉAST ASIA LINE

ARRIVALS

JAPAN

"TJIMENTENG"

"TJ]SADANE"

"TJIDODAS"

"TJIKAMPEK"

TEGELBERG"

"RUYS"

EUROPE via MANILA

and MALAYA

"RYNKERK"

In Part

"LANGLEBSCOT"

early June

"MARIEKERK"

early July

Through Ba/L. Issued to

Mediterranean and Northern

European ports.

JAPAN

*RYNKERK"

"LANGLEESCOT"

"MARIEKERK"

SAILINGS early June early July early Aug..

early June

20th May

early July

early June

early Aug.

early July

-- KING'S "BUH.DING, - TELTPHONES: 2015 40/20017

"CHINES, AGENTS, BE CONNARGHU

1984), 3.-1|ES- 1996, 25313

ISTHMIAN LINE

(J:thmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES 'AND PANAMA

"STEEL SURVEYOR" "STEEL EXECUTIVE"

.22nd June

.23rd July

Tanks, avaliable for Bulk Oil. SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

"STEEL AGE

..In Port

ARRIVALS FROM U.S.A.

"STEEL AGE”

STEEL-SEAFARER”

Salls N. Y. Sails B.F. Due HK. Sallod Salled 16th May 17th May 3rd June 24th June

GILMAN & CO., LTD.

Chinese Freight Agents:-ON FAT & CO., LTD. Tel: 28823, 25553 &,23489.

SWEDISH EAST ASTA CO., LTD.

ARRIVALS FROM EUROPE

.31st May

m.v. "BALI"

5.S. "HAI HING"

Early June

m.v. "SUMATRA" m.v. "MINDORO”

.End Juno

.End July

SAILINGS TO EUROPE

my. "HALF

m.v. "SUMATRA”-

.15th June .16th July

12

FOR

- ADEN, PORT SAID, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

Deeptanks available for Bulkoll

GILMAN CO., LTD.

Tel. 21146

MESSAGERIES MARITIMES “LA MARSEILLAISE" Roundtrip to JAPAN

HONGKONG

10 DAYS (5 in Japan)

sailing 30th May 8 p.m. to Yokohama and Kobe.

HONGKONG, - arrival 10th June 8 a.m.

1st Class

Tourist

HK$810 to 975

615.

agranged, on "applies

FINANCE

Hong Kong Stock Exchange

A qulot morning session with buyers predominating...!

*H.KU00FT. LOANS.

: Low

3 Loam (1918 & 1940) Dib, A'S Liban (118) $525,

DANRB

JL.K.. Dani 1210b.

4m,~Ber>)" AT Y1⁄2m. Chartered Bank £0 9/150. Mercantile Bank A. W ́M, L2th. Jink of Sant') Auls 101c.' TNSURANCES Canton Tas, BUDN, ZHOT Brion the Ex.itle: 5206, China Underwriters an. 3.K. Fire Ina, Sale. (. BUIPPING ་༔· ·

Dougl. 2001; /

SI.K. 'M. 'Btésmtiontr`LIM, Indo China (Tr«f!}^K9{{n.

A qual frie

Shells (Bansuri 64/3n. "Union Waterbönta. 20%. Akta “Nau, Pž66,” 235am. DOCKS, WHARVES, KÓDOWNB, Rte. IK. K. Wisereyim.

North Point Wharves D.sen. Bhanchal Bangkew Wharram 16m. JR. Decken 141⁄2n, -

China Providentu ·9.60b,- AL Shanghai Dorkyuzde, -25% az, Wheelock 216,7kéz-A

MINING

Rab Mites 4.700. IT.K. Mince 2014,

LANDS, BOTHLS & BLDGE, .. Kotila 2350. H.K. Land 21%. Bhanubel and ib. Humphreys #n.

H.K. Reiten 37. *** Chiume Paten 124! trase

PUBLIC UTILITIES.-

K. Tramways: 111⁄448, -12?Lum. Peak Tram (UK) ExDIY ̧· lüp,

(New) + Ra.Dir. #i.

Star Ferries 60,

C. Light (0) 106, 10.20m

(New) 0.90h, 4.80pm, B.K, Electries 2125budo Macon Electrics: C.R. 37,

1. Bichts 10. - Handakan · Llehta. 8%. Telephonra. 14. Shanghul fàs PALMERIALA INDUSTRIALS

Cald, Mich; ford.) Ein.

Canton Tow #34.

Cements 11n.

1.K. Roper 13.

STORES. Ete.

Dalry Ferma 8215% **

Watsons 224b, ža, kažem,

Crawford in.

Mincerei 3,801,

China Emporium 01.

Bun Co., Ltd, 2n.

Kwank Ann Roar 1963.

Wing On (II.K.) 82n; Was, Powell, Lid. Pán.

MISCELLANEOUS Chins Entertainmenta 14. ILK, Construction (D) 2.10.

(New) 1.VN.

Vibro Tilings 1131⁄2.. Maraman ivestments 9/-n. Ataraman (K.) 76. Bhanghal Lown in.

Yangtzen 24an.

Ewon 1,50.

COTTONS

RUBBER, 4. COMPANIES

Aima Fataleo lên. Anglo-Dylch 30. Anglo-Jeras B. Batu Anamaith.

Nute Plantationa „töb. Chenor United Gün. Cheng Rubbers 25b. Consolidated Kobbers Ex.Div Dominion Rubbers 150n. Kota Bahros ACH. "Kroswock” Jayai” „185.

Langkat In.

Padang Bubbers 1956.. Repah Rubbere stöb, Rubber Truzla 200. Bamagaga Rubbers 80% Bemambu Rubbers 156, 284. Shanghal Kedaha ̧ An, Khanghai-Malaya-ion. Shanghai Pahang ·,606, Bhanghel Bomatras in, Sua Manggis 106.

Bungel Doria en.. Tanah Merah 46b, 41%ian, Tebong Rudberg 108, 11am. Liangbe Rubber

gr

ין :

AND

Plan to

COMMERCE

divide

textile markets criticised

Now York Moy

former occupation officiol, who decline

yaq of his name, does not think the for dividing sterling area tex would prove warkable.

The source was commenting on reports from Japan that textile interests there plan to offer the Anglo-American cot- ton industry fact-finding group an arrangement under which they would press for increasing Japan's spindlenge from 4,000,- 000 to 6,000,000 in exchange for a promise not to dump tex- les and for splitting up the sterling textile areas..

"I have studied the situation at first hand," the source said.

"It seems pretty certain Japan cannot get along with only 4,000,- 000 spindles when you consider they had 11,000,000 before the war. An increase must come.

"But as to dividing starling aren textlies among Britain, the United Blates and Japan I cannot sou our Government agreeing to such an arrangement.

Basic situation

"The basle altuation is that the textile business is 60 per cent of Japan's export business. Would It

Statua hurt United trade? It depends on where Japanese products are sold and at what price.

markets

Purchasing power of the pound

Londen, May

The domestorghasing

New York Stock Exchange

arews Sturk, Max.

New York, May Settlement of the ralizond, wirik touched off a broad, advance, in the stock market today. Closing prices were up fractions to a top of around two points.

Fallega, inues taped the The rest of the market, somewhat Slowly at fint,, Kendjimlly. wwyung antone, Particularly favoured In addition to, the rails, were zatl equipments, airlines, inglars and stoels Sales for the day were around 1,600,000 shares.

US. Sleet

Chrysler, Lockheed, Dow Chemi eAmerican Woollen and 1.5

Gypsum. thepoun terling has depreciated about ena

fth in the Jant

Grappa told the Sir Stafford Cove, years House of Common todayur

Air Stafford, said the pur chasing power or the bound March 16/19. compar- in with 20in

The shilling, was werthumb ♫before the bound ...

APR. 20 12.30 Jast September, wooz it. La peth 14....cants Sir Stafford's remarks were mado in a reply to a question the House Associated Prem

מן

U.S. CALL FOR

Sa apparent that the United, HIGHER DRIPUT

textile industry grew as a

of the war. And we have Ex.to face the fact that Germany and Japan, which were out of the textila market, during the war, at present are coming back,

"Basically, I do not thinks it is

OF SYNTHETIC

New York, May 10.

Mr. John L Collyer, Presi- In good idea to divide the textile dent of the American B. F. markets. They will come to some Goodrich Rubber Manufactur- other type of agreement, A free

Money Market

approach to the problem, rathering Company, today called, on than controls, is in order.Unit- the United States Government cd Press.

to step up the production of synthetic rubber to avert ö

JAPANESE BUDGET

BALANCED

New York, May 10. The Japanese Finance Minis tor, Mr. Hayato Ikeda, said today that the Japanese budget is in balance and debts of about be 120,000,000,000 yen retired, this year.

would

possible new rubber crisis.

Mr. Collyer said that the Gove ernment should not to offset the economie repercussions that may be caused by the Communist-in- spired stoppages in the supply of rubber, in view of the worsening situation in the Far East.

He had sent coples of his plan.

Zie spoke at a luncheon given for..maximuni·"synihetle rubber}

US dollara continued weak! yesterday, dropping to.HK$6.04.

Mr. William H. Draper, Vice-production to President Truman President of Dillon Read and and all members of his Cabinet,

and former Under- he told reporters. Company Secretary of the Army..

an

Mr. Ikeda told the group that The American Government had debts of 150,000,000,000 yen were been building up gradually since the end of the war a stockpile of paid, off in the past year.

all-out with lowered taxes, the budget crude rubber for was in balunce for April 1 this shooting war. year to March 31, 1951, and plans for the additional were made debt

retirement, Associated Press.

- JAPANESE LEAD

FOR ARGENTINA

He could nut estimate the size of the stockpils, but added: " can say this it is, not snough."

Replying to questions, ha sild the British, Dutch and French ware selling rubber, lo, Russia. What-Russia-is-trying to do ja

get Ina tallapin, and a abortake of rubber by us would certainly Tokyo, May 16. lead to this," he added, A Japanese trade paper, said today that 4.500 tank of lead sinus worth $1,100,000 will be shipped ia Argentina in return for Argen- tine cotton.

The shipment will be made by the Toko Shoji Kaisho,, which signed the agreement with the ¡AP-Argenting Government

trade agency. Londing is ex

pected to start late this month.--- United Press.

CHICAGO GRAINS

Chicago, May 16. Liquidation in the nearby con-

ped sharply.

Cón-

Dow Jones, hverages Stocks 77,79. Industrials, 21920, 16 Kalls 50.44. 1d Utilities 43.65.

Closing dugtalong. Aslams Express 22 Alfisko Jupesu 47

American Spelfink.

Taleplang Ish

American Waterworks 101⁄4 Anaconda Copper 327 Baldwin Locomotive 10% Barnsdall 52%

Benitx Aviation 404 Bethlehem Steel ar Boeing Aircraft 20% Borden, Co. 51

Chundian Pacific 10%

J. I. Case 44

Chrysler

Colgate 44

Commercial Solvent 1754

Corn Products 08 Du Pont 101⁄4

Eastman Kodukc 47 Genpra

otrs 354 Electric 49%

General Goodrich es

Goodyear 6136

Tel 14%

Hojcertake Mining 4413 International Harvester 29% International Paper 44% International Tel& Johns Manville 493⁄41⁄2 Kendecott Copper. 351% Moutcomery Ward 60% National Distillers, 22 National Lead 431⁄2 m New York Central, 14% Packard Motors 3% Fan American Airways 10 Pennsylvania KK 17% Radio Corp. 20% Real Sulf, 144

Remington Rand 12 Repubile Steel 3344 Reynolds Tobacco 37% Schenley 30%

Sears Hoebuck 49% Shell

Q1.4312 Босову. Уасиша 18% Southern Pacific 64% Standard Brands 23

On of Calif. 63

Stalt at N. IJ, 13.

2011

Studebaker 34 Union Bug Union Carbide

40

US Rubber US Steel 3214 US Ines 10% Westinghouse 34 Youngstown Sheet & Tube 85 la Gen. Pub., Utilities 173

Railway bondi elanted upward. Mr. Collyer claimed that the S. Governments tended to back proposed Havana Charles for a down. Higher in the curb were international Trade organisation Laden Petroleum, Electric Bond now being considered by and, Share, Kalser Frazer and gross, would encourage the for mation of the same type of car Valspar Associated Press. tels that have In the past restrict- ed erude rubber production, rais- ing prices and retarding the nor mal increase in rubber consumip- tion-Reuters qu

NOTICE TO CONSIGNEES

РАСКЕВ" 1.8. "CURUS Having actived Hong Kong

NOTICE TO CONSIGNEES

CONSIGNEES PER

STATES STEAMSHIP COMPANY “ARIZONA" &

. "COLORADO"

in the afternoon, after opening tracts of soybeans at the board of $8.06. The closirigrato was trade today unsgitled other fu consignees of cargo are hereby are hereby notified that their $6.0474

I opened at HK$6.11 and tures (and at times prices drop-notifled that all goods have cargyle being discharged into closed at 50:10," se

Selling in soybeans was the re-been landed and placed at the Hong Kong & Kowloon Sterling opened at $15.58

sult of a report that the Govern- their risk and expense into the wharf & Godown Co's godown nud,.closed at:915;35. stor

Australian currency was un-ment had used up recent pro- godowns of the Hongkong and where it will be at consignacs curement authorisations for pur-Kowloon Whart and Godown risk and subject to the Whart's changed at HK$12.30,

Plastres were nominal at HK$12 Wheat closed one cent to 1-% be obtained as soon as the and where delivery may be chase of soybean oil for export Co., Ltd, where delivery may terms and conditions of storage, 100:

lower. Ticals at HK$20,40 a 100, änd

goods are landed.

obtained. May NEI Guilders at HK$4

July

were unchanged af

-

100.

NY COTTON ......

$2,344. $2.174

$2.17

1 to 14loweri Outs were higher 10 1-3 ......... New York May, lower, abg t Catton futures jadero irregular Rye was 1-4 to 2 cents lower.

XBWJ

in slow trading loginys Sutures Enybeans were 14 to 5eunt

closed 50 centa a bale lower to lower-Associated Press.... 20 cents higher.

October

December.

·March -May

82.45.. 32,72-413. +21:15-23. $31.00-09.

31.07. $100.

Middling spot, 3210 nominal

Associated Press.

NY RUBBER .....

Crudo *: rubber futures closed, unchanged

«{w @ # #

#nber

SHIP BREAKS UP

after the goods have left godowns or failure to the survey.

All braked, chated and dam Faged/goods-army to be the godown where they will be examined in the presence of Mestra. Goddard and Douglas Brisbane, May 16.

on May 19, 1950, 'at 10 min. The British freighter Marletts Dal, aground on Smith Rock, two 3. To comply wiifi the

miles from Cups Moreton, har Bonded Watchüsse. Rekais“ broken. In two

portions, cónl

mist

Tonight, hor stern was wedgečji solidly between two pillar of Revenue wok and, high peas, were pouring when through a 40-foot hole in her able

Bulvare

hope, how

to save part of hơn TES cargo. Associated. Freme

LONDO

the St and prie

Damaged packages are to be jeff, in the sodowns for ex amination by Consignees and the CompaDY'E JUVAYOK, Mesara, Carmichael & Clarke

at 10 am, on May 17, 1980.

to comply. Bonded Warehouse flors, consignees must Revenue

after the

The Global Fleet

TO HONOLULU & SAN FRANCISCO

vio JAPAN

President Cleveland"

"General Gordon" “President Wilson"

..Arr. May, 28 ...Arr. Juno‘19. Arr. Junio 19

Salls May. 19

Salls June 20

Sails June 20

TO SAN FRANCISCO & LOS ANGELES via JAPAN "President Harrison"......... Art. June 5 "PRESIDENT MCKINLEY" ...Arr. June 11

Suits Juno Sails Juno 12·

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

Allantto Victory" "President Tylor".

.Arr. June 10

Salla Jupo 10

.Arr. June 10

Salls Juno 11

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCITIN, BOMBAY, KARACHII, SUEZ, PÓRT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON,2. "Preddent Van Buren' "President Jefferson"

Arr. May 23

Sails May 24 ̈ ̈*

Arc. May 28

Salls May 30

4

TO JAVA & STRAITS

"Willametto Victory"..... Arr. June 9 St. George's bldg.

Sails Juno 10

Tel. 28172/5.

BEN LINE

SHIP "BENCLEUCH" †BENWYVIS" "BENARTY”

"BENVORLICH" "BENMACDHUI"

+"BENLOMOND"

"BENALDER" "BENAVON" "BENVENUE"

"BENCLEUCH" PRENMACDHU!” "BENAVON"

“BENWYVIS”

"BENARTY"

"BENVORLICH"

BENALDER"

"BENVENUE"

1573 197

ARRIVALS

FROM U.K. via Bingapore.

SAILINGS

DUE

In 'Port".

in Port

on or abt. 8th Juno.

11th June -

21st June

28th June

2nd July

16th July

25th July

Loading on or abt.

Buoy A-5,

26th Jung

20th July

19th May

Rotterdam, & Ham- burg.

London, Antwerp, Hamburg Rotterdam,

& Huil.

Liverpool,

Dublin,

Genoa, Le Havre, Lon. don & Hamburg,

Liverpool, Dublin, Rotterdam.

10th Just

Glasgow, Antworp a

14th June

5th July

31st July

† Accepts Cargo for. Japan, *Accopie Cargo for "Havre.

Via Mainya, Colombo, Port, Budan, Aden, and' Suez Canal.

For Further Pärticulars, Apply To

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

Agents

Telephone: 24186

Buildag.

THE EAST ASIATIC CO., LTD.

M.S. “KOREA

Loading about 10th June

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG, & COPENHAGEN Tanks available for the carriage of all in bulk

THE EAST ASIATIC CO., LTD.

Queen's Bldg.,

&34112

HONG KONG DOLLAR DIRECTORY

CHINA. MAIL

PICTORIAL

OF HONG KONG

Obtaina

1950

CIE DE

QUEEN'S

SAGERIES MARITIMES: