1950-05-20 — Page 12

Pago 12

CHINA, MAI

ROYAL INTIPOCLAK EINE -

SINGAPORE, JAVA

TJITJALENGKA"

ARRIVALS SAILINGS

20th May 24th May

Fist May

6th June

*not calling Singapore

28th May

10th Jude

PORTS and

MACASSAR

"TJISADANE"

"VAN HEUT8Z"

"TJIBODAS**

MANILA, BAST &

SOUTH AFRICA &

SOUTH AMERICA

"TJISADANE“.

"BERLAGE**

14th June

"TEGELBERG"

En Port

6th July

"TJIKAMPEK"

16th Jung

"STRAAT BOENDA" \.....

18th June

"RUYB"

8th July

27th July

"Leading for Mauritius & South America only

Loading for East & South Africa only

JAPAN

"TJIMENTENG"

"TJISADANE"

"TJIBODAB"

"TJIKAMPEK"

"TEGELBERG"

"RUVB"

In Port

8th June

4th July

28th July

10th June

23rd May

20th May 2nd Juna 18th June 19th June 10th July

Agents: HOLLAND-EAST ÁSIA LINE

⚫ EUROPE via MANILA

and MALAYA

"RYNKERK"

"LANGLEGSCOT"

early June

"MARIEKERK”

early July

ARRIVALS SAILINGS

8th June early July sarly Aug.

Through Bayi, saved 20

Mediterranean and Northern

European ports.

JAPAN

"AYNKERK"

"LANGLEESCOT"

"MARIEKERK"

6th June

early July early Aug

20th Junta early June early July

KING'S BUILDING. TELEPTIONIS: 28013 TO 20017

CUT CHINESE MUSINE RI, LAIN NAAGINI HOAD, C. PORN 1949, 25933

PETITE

ISTHMIAN LINE

(Jethmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO MEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL SURVEYOR"

"STEEL EXECUTIVE"

Tanks available for Bulk Oil.

22nd June

.23rd July

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

"STEEL SEAFARER"

"STEEL ROVER"

"STEEL ADMIRAL"

· ARRIVALS FROM. U.S.A.

STEEL SEAFARER" "STEEL KOVER" "STEEL ADMIRAL"

.24th June

.16th July

,16th Aug.

Sails N. Y. Sails S.F. Due F.K. Salled 3rd June 24th June 4th June 24th June 15th July 7th Jily 25th July 15th Aug.

GILMAN & CO., LTD.

Tel. $1145

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

T'els: 28848, 26558 & 23483.

SWEDISH EAST ASIA CO.LTD

ARRIVALS FROM EUROPË

.31st May

Early Juho

End June .End July

m.v. "BALI” 5.8. "HAI HING"

m.v. "SUMATRA" m.v. "MINDORO”

SAILINGS TO EURÓPE

m.v. "KALI" m.v. "SUMATKA”

.15th Juno 15th July

FOR ADEN, PORT SAID, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO

& GOTHENBURG Dooptanks available for Bulkoll

GILMAN

ازقة

Tel. $1148

LTD.

THE EAST ASIATIC CO., LTD.

M.S. "KOREA"

Loading about 10th June

ADEN, FORT SAID, GENOA,

DAM,

ANTHERE. Một

GOTHENBURG:

COPEN

OBLO

Tanks avaliable the ints at off fài hluk

THE EAST ASIATIC CO., LTD.

FINANCE AND

COMMERCE

ANGLO-U.S. OPINION ON JAP TEXTILES

New York Stock Exchange

New York, May, 18: Buyers nibbled at selected stocks today but the market! gradually settled into moder- ate price action. Most changes were limited to minor frac- tions, only a few topping a point..

Tokyo, May 19.

Spokesmen for an Anglo-American cofton delega- tion hore said today "Japan must have a pros- porous coffon industry as a vifòl part of her economic structure,” But declined to comment · on whether they believed Japan - should · ba allowed to increase her coffan textile produc- tion and exports.

At a news conference with foreign correspondents, Sir Raymond Streat, who heads the British delegation, and Mr. Robert C. Jackson, who heads the American group, added further, "Japan, like other countries to whom this cot- ton textile industry is important, must have an export trade of substantial proportions." The Anglo-American delega- tion has been conferring this

in week

Osaka with For a while, in the morning. past selected radio telvision, ol! and Japanese cotton textile-makers utility stocks showed signs qf in sessions which brought fo- leading a rise but there was little gether members of three of drive behind the buying.

the world's top textile produc- Oils were stimulated by pro-ing and exporting nations. spects of an upward surgo in carnings this summer and autumn. Petrol prices have advanced and a sharp demand for teating olis is expected.

Copper issues responded some- what grudgingly to a boost of one cent a pound.

Aircrafts ran into troublé, losses running to a paint or so up-

pearing for Dougins, United, Boeing and Lockheed.

Turnover for the day was 1,

770.000 shares.

15

Dow Jones averages: Stocks 78.14; 20 adustrials 220.03. Rails 50.53; 10 Utilities 44.04.

Closing quotations: Adonie Expresa 23% Aluska Juneau 3 American Can 110%

Smelting 35

101 494

Anaconda Copper 327%

81% Aviation Corp Baldwin Locomotive 10%1⁄2 Barnsdall 52%

נן

21

Bendix Aviation 44% Bethlehem Steel 30% Boeing Aircraft 2036 - Borden Co. $1 Canadian

Palle 15% I. Case 43%

er 69

45% Commercial Solvent 10 Corn Products €7 Du Pont 77% Eastmari Kodak 40% General Electric 30

Motors 85% Goodrich 88 Goodyear 52 Homtstake Mining 45 International Harvester da

Paper 43

Tel & Tel 14 Johns Manville 51% Kennecatt Copper 584 Montgomery Ward 37% National Distillers 22

Lead 443

New York Central 14% Puckard Motors 4

Pan American Airways"0" Pennsylvania HR 10% Radio Corp: 20

10 Steel 321 Republic Reynolds Tobacco 37% Schenley 31% Sears Roebuck 45

Shell Oll 44% Socony Vacuum 18 Southern Pacifle 54 Standard Brands 234

Off of Calit. 80% 1 Oil of N. J. 74% Studebaker 34%

Union Bag

하

20%

Carbide 50% US Rubber 425

3256

#

Steel

Lines 18%

Westinghouse.

કય

Sir Raymond and Mr. Jackson agreed that the Japanese cotton manufacturers provide the best combination of low production costs and efficiency in the textile world

They found the Japanese manu- facturers optimistic and hopeful about future textile business. Mr. Jackson commented such an at-

litudo was good as long as they don't let it make their plans and policies unrealistic:

The Anglo-American delegation is to leave omorrow for the U., S. The Amerleaus will report their Bindings here to the Joint Study Committee of the Textile Industry Committee on Foreign Trade and the British to their Conference on Overseas Trade Policy.

Spindles increase

·

The Western cotton men have declined to express an opinion on whether Japan should be allowed to increase her number of operat- ing splidies as the Japanese want to do Japan now has some 3,700,- 000 spindles installed as compared with Britain's 35,000,000 and 23,- 000,000 in the United States.

ANGLO-FRENCH MOVE REVEALED

London, May 18. France and Britain today announced an important move believed to foreshadow somu form of continued American financial and economite ald' in. Europe after Marshall Aid ends in 1052...

The Foreign Ministers of the two nations issued a statement formally expressing the hope that Economic Co-Operation would in- the Organisation for European vite the United States and Cana da, to associate themselves with its work

soon a possible. It disclosed that last week the Foreign Minister of the four coun tries meeting here had agreed upon the necessity of bringing the two trans-Atlantic countries into a close working relationship with the European end of the Marshall Plane

In these talks Mr. Dean Ache ron, United States Secretary of State, bid pointed out that though the European Recovery Pro gramme ends in 1952, American Interest in Europe will certainly

dato. continue after that

Mr. Laster Pearson, Canadian External Minister, had indicated a similar interest on the part of

The Anglo-Americans said they found the Japanese very good atį Canada.---Reuter. extracting information from them on world cotton costs, exports and other statistics.

They admitted, however, that! the Japanese were equally good in passing out information abquí) their own industry.

Money Market

US dollars opened yesterday at

"On the whole we are pleased HK$0.05% and closed at $0.06. these being the lowest and with the information we got," Sir

highest Raymond commented-Asspelsted

rates. Press,

BRITAIN AFTER CANADIAN TRADE

Ottawa, May 18,

An all-out effort by British machine tool manufacturers

to

TT opened at HK$6.10% and closed at $6.111⁄2..

Sterling Was unchanged d HK$15.35.

to'

Austrálian pounds went down

HK$12.68

Fastros remained nominal at HK$12 a 100:

Ticals at HK$20:40 a 100, wäre unchanged.

NEI Gullders dropped 20 cents

attract Canadian trade will be to HK$3:00 a 100, made this year, Sir-Holland) Goddard said.

Sir Holland, head of the British Machinn Tool Association, stop- ped here

en route to. Toronto

INDIA TO BAN SPECULATION

Bombay, May 18: where the industry will show it The Home Minister, Morarii wares at the Canadian Internas Despi, predicted today that all flonal Trade Fair from May 20 kinds of speculative activities, to June 9,

including the stock exchange, About $1,500,000 worth at would ultimately be Banned if British-made tools wil be ex- the Congress Party continued th hiblied at the Fair-associate Dock market netivities, ho told

Press.

LONDON STOCKS

May 18.

Prass conference, come within the term of "gambling" but the Government wanted to proceed slowly and would declare a bạn, in the course of time. A

The Home Minister promised

Hong Kong Stock Exchange

The market this week hits remained remarkably steady with priots fairly well maintained. A small amount of forced selling t frectional drops has been met by willing buyers waiting on the side lines. It would appear that the public is beginning to appre- clate the fact that returus on local shares are very attractive.

Considerably mora interest in also being shown in the rubber section of the market. Hare dedin the public la beginning to realise the tremendous profits currently Being earned by the rubber com panies, and reports from Singa pore state that this Cinderella of market has become the most courted. Prites locally have not by any means reflected the pre- sent price of physient rubber.

MR. GOVT. LUARG

4% Load' 3.

*

Loan envid & zwin) EU, #16 Jan (1928): 99.9% 6.

BANKS

1.K. 8. Bawk 13an,

(on. Red.) SUA. Chartered Bank £9′ 1/10 Merenstila Borik A, & H, Azin. Bank of East Kala 107.

INSURANCES

Canton 2aori, Union I. Ex.Div. 697 VA, GAMES, China Underwrkány 40.

K. Fire I. 200

BIPRINO

Douglasie · 2001,

.:

M. Bleemboola: Tin Todo Chinas (Vrat.). DVIGS.

(Del.) 19. Shells (Bearer) TA/DA.

Unlán Walerboats 20x. Kia Nit, ‚00D, Tos, 40s.

BOOKS, WHARVES, GODOWNS, BL. B.K.K. Wharves Bon. Norih Polos Wharves &.com.

Shanghai Hongkew Wharves 15. H.K. Docks 143.

China Provideṛta 9.50b. Shanghal 'Dockyarda 2h, Kije. Wheelocks Elsa,

MININO

Fadli Mines 40 TEK, Mines .0114mi

LANDS, HOTELS À DIDAS: H.-S. Kötelu Ažám. FR. Landa 1 Bhagat Landi” lb, Humphreys 64

HK Realtion. 21.

Chinesa Estates 14ėn.

PÚBLIC UTILITIES

II.K. Trahways 10.83h.

Peak Trenir (0%) KxDiv. Iða.

(New) DxDlr. In.

Star Ferries 18.

C. Lights. (Old); 9.00am,

(New) 6,990.

H.K., Elected £2.

Mac Flectrics Citu, 171⁄4n, Ex.itta.

11, Righth. It. Sandalen Lights Telephones 14, 181⁄2ás, Bhanahal Gas 1954-

INDUSTRIALS Cald: Mare, (Orl.) 21. Danton Item 8° Cements 15,

JLK. Roper 185.

STORES, ELA Dry Farms 22in. Watsons 213b,. Stea.

1. Orawforda zen. Binders $.800.

China Sporlama Su

Blun - Op. Ltd; -Sn.

-- Kwong - Bang-Hong: #Desa-

Wing On (ELKO

Wm, Poweit, Eid, siin,

...', MIBGELLÁNBOUN ́ China Katartalomena itu..

K. Constructions (018) 1.208.

(New) 148, Virs Pilings 11. Maruman Invralgienia: 0/-n. Keromań (16)`18. Shanghai Loan, in. Yangtuces 2%/,00%;

COTTONA

kw 1,70

NOTICE TO CONSIGNEES

Consignes' per' *:

.

The Global Fleet

TO HONOLULU & SAN FRANCISCO

"President Cleveland" "General Gordon" "President WDson”.

vio JAPAN

Arr. May 28. Arr. June 19

Baits May 20

Arry June 10

Balls June 10 Sails June 20.

ANGELES

TO SAN FRANCISCO & LOS

"President Harrison"

via JAPAN

Sails June. T

Arr. June 5. "PRESIDENT MCKINLEY" ... Arr. Juno 11.. Salls June 12

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

"Willamette Victory" .... . Arr. June 11 "President Tylor”............Art, June 10

ROUND THE WORLD

Salle June 12 Salls Ime P

VIA MANILA, SINGAPORE, COLOMBO, COCIOŃ, BOMBAY, KARACHI, SUEZ. PÓRT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON "President Van Buren"... Arr. May 24 "President Jefferson"

........ Air. May. 28- TO JAVA & STRAITS

...Art. Juno

"Willamette Victory"

St. George's Bldg.

Sails May 25

Solls May 39

D

Sails June 10 Tel. 28172/5

BEN LINE

SHIP

+"BENWYV18"

"BENARTY" "BENVORLICH" "BENMACDHU!" BENLOMOND"

"BENALDER”. "BENAVON" "SENVENUE"

"BENMACDHUI” "BENAVON" "BENWYV18"

"DENAĦTY"

"DENVORLICH" "BENALDEA"

"BENVENUE"

"

:{

AND

ARRIVALS

FROM

U.K. vla Bingapore.

DUE

In Port

on or abt. Ith Juno

"

SAILINGS

Londen, Antwerp, Rotterdam, Hamburg & Hull.

Liverpool,

Dublin,

Rotterdam, 4. Ham-

burg.

Genoa, Le Havre, Lon- don & Hamburg.

Liverpool, Dublin, Rotterdam.

Accepts Cargo for Japan,

Glasgow, Antwerp &

13th Juna

21st June

26th Jung

2nd July'

15th July

29th July.

Loading on or abf.

26th June, 20th July

20th May

10th June's

14th June

5th July

31st July

* Accepts Cargo for Havre.

Via Malaya, Colombo, Port Sudan, Adon, and Guez Canal, i

For Further Particulars, Apply To

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

Agents

York Building,

Telephone: 34165.

AUSTRALIAN ORIENTAL LINE, LTD.

9.5. "CHANGTE”

NOTICE TO FASSENGERS

SAILS: From. Kowloon Wharf on Sunday, May 21, at. 4

p.m.. for, SYDNEY and MELBOURNE.

The stock London a quietly an-ideal, society in 20 years in BARBER-WILHELMSEN LINE BAGGAGE: With the exception of hand packagen carried

today

the present-pollox was continued. Youngstown Sheet & Tube 63.

with most price changes Gen. Pub. Utilities 17%

mlied to a few pence, Govern-United Press The bond market developed a ment bondi were marked up steady undertone with good Help fractions of a point. Oil stockus from a selected list of mils. Gov- were firm to strong, showing ernment bonds were dulbt, mostly alight gains. Mining shures werd unchanged: Associated Press, miked.

PAKISTAN TAKES CONTROLS OFF

Kardeh!, May 18.

Financial Times index 100.00,] --Associated Press.

NY RUBBER

-)

New York, May 18.|| The removal of all controls on

number Crudo rubber

ondi the prices and movement bf wheat products in Pakistan was dafutures closed 10 to 40 higher.. nounced by the Food Minister, July Abdus Sattur Pirzada, today,

September

The Minister also announced Deotmber....

28.15. 25.00 naked 28.90.

that rice, the only food grain stiil Spot number one ribbed smok controlled, would be freed sooned sheets 28-% nominal-Asso Associated Press.

"TRADEWIND

“FLYING DELOON"

INBACH"

ciated Press, A.

NOTICE TO CONSIGNEES.

5,5. "PYRRHUS". Damaged cargo of this ver sel will be surveyed at Heir's Wharf Between 10 a.m. and noon on May 20 and 22, 1950, and consignees are requested to have their representativeR „present during the murvey.

Hàng Long.

BUTTERFIELD & SWIRE,

10, 1950.

Pacific Far East Love h

Fast Regular Trans-Pacifc

Best Francisce

KAL AND ·

m.s. "TRAFALGAR” are hereby notified that their cargo is being discharged into the Hong Kong & Kowloon Wharf & Godown Coa godown where it will be at contigræcs risk and subject to the Whart terms and conditions of storage, and where delivery may be

obtained.

Damaged packages are to be left in the godowns for ex- amination by Consignees and the Company's furvöyoni, Mezara. Goddard. & / Douglas at 10 mm. on May 20, 1050..

-To comply with the General Bonded Warehouse Regulations, consignees must have a fe

· stenue Officer in attendandë when damaged dullable goods: ard examined. kotak: No claibu will be admitted after the goods have left the steamer's-godowną,,; and Bull} goods remaining undelivered after May 21, 1980 will be | subject" si renk.)

(Hill Under

by passengers themselves, ALL BAGGAGE must pass through the Wharf Company's Godown for loading ony board by ship's slings.

to

HEAVY BAGGAGE should be sent to the Hong Kong & Kowloon Wharf Company's Godown at Ne.. GATE CANTON ROAD ENTRANCE by NOON AT THE LATEST on Saturday, May 20. Haivy baggage CAN- NOT BE ACCEPTED on the day of Balling. ENDABKATION: Passengers should embark between

FM. and 3 PM. on SUNDAY, MAY 21, through No. 1 GATE, KOWLOON WHARF,

Agents BUTTERFIELD & SWIRE.

U.S. ORIENT MERCHANT LINE

RRIVAL

FAO

ETRA

VUSA

80th

R. LOXLEY & CO., (CHINA) LTD

34111 & 24118.

1950