1950-06-03 — Page 12

Paup. 13

CHINA MAIL, SATURDAY, JUNE

ROYAL ENTERO CHAN

IN

SINGAPORE, JAYA

PORTS and

`MACASSAR`-

"TJIBODAS

"TJITJALENGKA"

"TABMAN"

"VAN HEUT§Z • ·

*net calling Singapore

ARRIVALS SAILINGS

9th June

8th June

10th Jupfi

25th June

30th Juŋo;

25th June

**only to Bingappre, Penang & Dei. Pell

© MANILA, EAST &

SOUTH AFRICA & SOUTH AMERICA

"TJIBADANE" "BERLAGE" "TEDELBERG"

1st July!

13th Jupe 18th Jun

8th July

in Port

"TJIKAMPEK"

"RUY6"

2nd July 2nd July

5th Aug.

⚫ not calling Manila

JAPAN

"TJISADANE"

11th June

"TJIBODAS!

"TEGELBERG"

4th July

"STRAAT 80ENDA"

In Port.

3rd Aug.

11th Junp 18th June 19th June Bih July

"RUYB"

Agents: HOLLAND-EAST ASIA «LINE

ARRIVALS SAILINGS

EUROPE via MANILA.

and MALAYA

"AYNKERK"

•

14th June

"LANGLEESCOT”

"MARIEKERK"

14th June early July

13th July early Aug.

Through BO/L taqued

to.

Mediterranean and Northacht

European ports.

JAPAN

"RYNKERK”

"LANGLEESCOT"

"MARIEKERK"

13th June.

12th July

early Aug.

18th June

early July

KING'S BUILDING, - FELEPHONES: 28613.19 2801T

GUNES

464,NING-8) FOSSARGILE BOSA, N... TELA, HANG 2017

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK.

VIA LOS ANGELES AND PANAMA STEEL SURVEYOR", "AKTION"

.22nd June

.24th July

Tanks available for Bulk Oil.

SAILINGS TO SAIGON, BANGKOK & QJAKARTA (BATAVIA)

*STEEL SEAFARER": !

"STEEL ROVER"

"STEEL ADMIRAL"

ARRIVALS FROM U.S.A.

STEEL SEAFARER"

*STEEL ROVER"

**STEEL ADMIRAL".

GILMAN &

*

.24th June

16th July „I6th Aug.

Sails N. Y. Sails S.F. Duo H.K. Solled 3rd June 24th June 6th June 24th June 15th July 7th July 25th July 15th Aug,

Tel: 3116 LTD.

Chinese Freight Agents: HIN FAT & CO. LTD Tale: 28823, 35553:27-28453

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

S.S. “STEEL SURVEYOR"

LOADING 21st JUNE

SAILING 22nd JUNE

FOR

LOS ANGELES & NEW YORK

vig PANAMA CANAL Passenger Accommodation Available. TANKS AVAILABLE FOR BULK OIL

GILMAN & CO., LTD.

Tel. 31146,

Chinese Freight Agents:-HIN FAT & CO., LTD. Tols: 28823, 25533 * 28489.

SWEDISH EAST ASIA CO.LTD.

ARRIVALS FROM EUROPE

5th June

End June

„End July

m.v. "HAI HING“ Lv. “SUMATRÁ” m.v.""MINDORO"

MATRA"

:15th June

„18th July

FINANCE

AND

COMMERUS

Hong Kong SHOWDOWN NEAR ON

Stock Exchange

The week closed steady, with sentiment morą chpertül," but the volume of busiņem, wna small ax investors continued to awalt-fur-|- ther evidence that the market

FREE TRADE ISSUE

Frankfurt, June: 2.

West Germany is headed for: a showdown, with the

rest of Europe, on the issue, offres trade The success or failure: of the European Re- covery Programmo may hinge on the out como. At stake, too, arp Ampriçun frep enter- prisa theories in Europe.'

was definitely on the turn, Yield The

on: most local shares ate excel- lent, and any, good, nows might readfly make for considerable!! 'oppreciation in rates.

The price of rubber, is now at the highest level. It has been for over 20 years, and there is quit a little demand for shares of the better companies. The turnover has been comparatively small dile

mainly topnicity of offerings

11.K. GOVT. LOANS.

stor Loan (1994 & 1010) Dr. 24 Jahn 1) ĐỀU

BANKE

J.K. 8. Dank 12405, 1200ap, (Log, Beg.) £788.

Chartered Bank *** 1/100,

Mercantile Bank A. & §, £23140

Bagh an Asia 19th.

INSURANCED

Easton 7, 2800.

Untun. 48.

China Underwijtare 'dn.

1.K. Fire I, tých,

Buferiso

Danglarea, 2005,

K. & M. enybopia 3Ln, Jayla Chinna" (Prgt)" #955%.

Fled

(Def.), bin.

(as) 67/69.

Union Waterbot

Axin Nav. 199, 1769, 1.70sa.

young Republic is now walking a tight, rope over the chasm of bankruptcy, say. Allied and German officials. One big, reason is this:

New York Stock Exchange

4

New York, June 1 The stock market salled. dict for the Ger-through choppy waters to- day. Quotations for leading To this the Germphs retori:

West Germany has becom; many Amerienne here, complain a trail blazer for ERP's feed that they are faancing a caviar

for and champagne dict for trade programme and American free enterprise poll-ons eles in Europe.

Proded by ERP, the Germans haye opened their frontiers to eown- lovish buying from other tries

And though surrounded by sightly controlled economies. the Germons are relying on free en

prprise to pull them out of their

economie troubles.

of is the test

whether

cagamle theories an

"We are just doing what your issues bounced around errati- ERP advocate in pulling downl'cally; and trading was done trade barriers. We Have set in fits and starts. Gains and good example for other count losses were thoroughly mix- tries in liberal trade. But

ed most of the time." has happened? Other

have not followed our example. "German cafinot much longer afford this tree, trade If other countries reluse to go along. It is thine

up or shut up on

tride." trea Slow process

In the morning the entire mar- ket Toaned forward, with demand för radla television Issues n strónu.

Shortly before pooa pro-

hi advance and a good mupy "Rolte were either wiped out, or verted into losses. Demand re-

läke hold in Europe. To the West Put for the rest of Europe, to operations braked

Germany and Russia's Katelille States

are the plau-minded Hritish. T¢ The East are the rigidly-controlled economies of. Communist East American officials say there are vived in early afternoon, and af

some signs that West: Europe is variety of issues managed to preparing to take more German swing forward. There was no goods. But toy admit the process decisive rally,

however. of pulling down European trafle barriers is slow Lanat ll und certain.

The

All of Europe is watching West German showcase of Amuri ran economic policies.

::

Calculated risk

American and German oficials

DOCKS, WHARVER, GODOWNS, Ele have made a calculated gamble

1.K, AK, Wharura 30p.

North Polat Wharves 6.Côn,

Klangbai Mungkew- Whatwes 150, R.K. Dorks 14146, 14na.

China Providenta 9.30h, Robin. "AY Shanghal Dockyards (2,495) Wheelocka Zile

MINING

Baub Mine 4,5ün, H.K. in 0144.

LANDS, HOTELS & BLDG8, .B. Hotela 8.

JL.K. Lands Bejby Tian.

Bhanukal Lands 1b,

• Humphreys 10.

.. Realios .

Chinese Espion 2140.

PUBLIC UTILITIES H.K. Trainwijs. 14,706) 30.80SA. Peak Trama (ak) Bi.

(Naw) b.

ม

Star, Ferties Sep, 0.

C. Lightsi

(Old) Ex.Div. 9.308, 0.10/.2068. (New) Ex.Div, 6.20b, 6.20mm, HK, Electrics 2011⁄2h)- 2016/3⁄4ka.

geno Eletrics an

(New) P

(1toys shores) 10. Sandakan Light

Téleshusive: 11 lb, (2188,

Bhankhai Gai 1

INDUSTRIALS

Cald. More. rd. 2.

Capton: Tees #ijn. Cement 110.

that:

American officials say the Ger- mans are fast beginning to walitio down the dollar gap. But they are creeping, not ruining, toward ¡Economic,

The Government moves

in

Television stocks, following the tcugh Wednesday sharp rise, stood; up better than most other groups although bending at times before proft-taking operations.

Business tended to contract on

Initial interest in television

West Germans' free enter-general feeling; in official circles the way down and expand on prise system can lick the stagger that the Germans are coasting or rallies, Turnover "6""rato_of lig economic problems here, in American gentagety

around 1,000,000 shares for the cluding 2,000,000 unemployed.

slowly full gession. Both American and

German

pushing exports, American that this officials say, bow..nerde

must show positive re suits.by summah or events may force à revision of the 'Weal German fro

American offlelas dy the big cd Zenith Radio to explain some need is for more sales to America of the actions it has taken in enterprise polletas and tree Already the pressure is on for but they promptly concede that connection with proposed phone-

West change. Many

German the U.S. market will be the vision is a pay-as-you-go

tests, businessmen are politely threat toughest, of all for the Germans movie-television project initiat tening to turn to the East-Soviet to crack-Associated Press. Rusela and It's Butellites for arkets if they cannot sell more In the West.

The dollar gap is slowly nar-stocks may have been chilled by rowing, however. Recent trate the, naws that the Federal: Com figures show the decline

munications Commission. has ask-

The Boan Government is also defending itself against the vocal internal partisans, of a centrally trailed cutting~the Soel-

NEW TRADE PACT FOR HOLLAND

The Hague) Junë-1..

ed by Zenith. Last week; offelals of the company called attention to the many difficulties in the way of full development of the new system. The FCC raised the

whether

**Zenith question

have been too.

may

vertising pha in al-

· averages;

Stocks

The Republic's problems are

Dow Jones! aver An 10,000,000 guilders trade 78.21 20 Industrials, 223.23; 45 two-fold-ip lick vast trade, dehretment between Holland Rails 06:30, 10 Ujilstics 43.60; hells with a free trade policy and and Indonesia on the one hand up settle home probleme under free economy,

13

What are the prospects? Can the Germans sell enough abroad to overcome their follar fatigue? How long can they keep a free economy, with hugs trade defolta Dairy Farms Ex.Dly, Dans & Rt. 13p and staggering economic problems

11.1. Hopes 3a.

Kt,

STOREA, FIC.

Watsun 21, 21/2115=0.

1. Crawford $20.

Sinrers. 14.

China Emperiam do.

Bun Co., Ltd. 1.200.

Kwone Ears ÔNG ĐỘN

Wing On (..)

.

Wo,, Dowell, Big, 1250.

- MISCELLANEOUS-

China Entertalamerita Tén.

I.K. Constructions (0/0); 1.200,

(New) 13.

Vibro Pilinge 1141.

Marsinan Invesimenta 9/-n. Neramun (3.) Jún Shanghal Loon... Yanglazes 2in.

Ewe 2.15.

COTTONB

Tobacco

Teleng

Closing gustations; and Hungary on the other has Adams Express.

Alaska Juneau been initialled in Budapest..

The agreement, for the year American Can starting today, provides for a 10,000,000 guilders exchange of seade on cach-side, p

Dutch products to be suppiled

11 Waterworks Include Indeed, flax, Anaconda Hungary

Copper rayon yarn, cleare-technica Aviation Corp. price chemical and pha Baldwin Locomotive maceutical

dyes Barnsdüll

Beadix Aviation Only if ther efforts at trade

Indonesia export rubber, Bethlehem Steel liberalisation are matched by tin, quinine, gums and tea, con other countries. And soon,

Aircraft Boging will deliver wheat, bar Borden Co...

at home? American and German ofcials give this answer:

Trade deficit

to

azki mnt.

-Doilur-wiso,-the-Cermans-aroy ha white beans,mult; run-fanadian Pacifie

Chrysler

grappling with a current tradel flower, o, tobacco, mechinery, Cake, 1.7 deficit of $2.000.000 a day. In 1940 blsyeld parts, electrte installation they bought twice as much as material and textiles-Reuter. they spld abroad.

The reason, Boy the Germans,

is that they scrapped ·trade Très- trictions.

·Since America pays the bill for West Germanya. "doilar gap,

THE EAST ASIATIC CO., LTD.

M.S. “KOREA

Loading about 14th

for

ADEN, FORT SAID, HAIFĄ, ALEXANDRIA, GENOA,

-FOTṬKEDAM, HAMBURG, OSLO,

GOTHENBURG, & COPENHAGEN:

Trnks available for the carriage of off in bulk

TEARIN THE EAST ASIATIC CO., LTD.

Tel. 34111 & 34112. Queen's Bldg, End fett:

Comercial Solvent

Corns › Products Du Pont..

Money Market Eastman Kodak

freed

General Electric Motorg

US dollars opened yesterday at HK$8.031, went up to $6.04 14, | Goodrich (ozel. and dropped back to $0.08 at

thed at HK38.092, wen

TT

up to 30,0914, and closed at 30.06. Sterling opened at HK$15.80 and closed at $15.38.

Ticals were unchanged at HK$27, à 100. **

NEI Guilders opened at HK$2.20

a 100 and closed at $2.30. ·

4

Goodyear Homesjake Mining International, Harygeler

Paper.

Johns Manville

Montgomery

Beal

The Global, Fiert

TO HONOLULU & SAN FRANCISCO

vis JAPAN

"General, Gordon "President Willon" "President Clevoland

¡Arr. June 19

Arr, June 19·· Arr. July 14

Salls June Salls Jiha Sails Júty

TO SAN FRANCISCO & LOS ANGELES

"President. Harrison" "President McKinley"

‚་་ ་।

vio JAPAN

Salla June 11 Arr, Juno 10 Arr, June 33....... Saile Juno 14

TO NEW YORK, BALTIMORE & BOSTON- vio PACIFIC COAST & PANAMA

"President Tyler" "Willamette. Victory"

Arr, June, 10 Arr. July 15

Spile, June 11. Salla July: 16

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, BUEL, PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON "President Grant" President Folk'i

Arr, June 4, Arr, June 20.

TO JAYA & STRAITS

villamette Victory"

St. George's Bldg.

June 13

Sally June 6 Säili Juno 22

W

4.

Sally June 11 Tel. 28172/

BEN LINE

SHIP "BENARTY" "BENVORLICH" "BENMACDHUI" 1"BENLONOND"

PBENALDER"

"DENAVON" "BENVENUE" "BENDORAN” "SENLAWERS"

"BENMAGDRUI" #RENAVON": "BENLAWERS"

"BENLOMOND"

"BENARTY"

"BENVORLICH" "BENALDER" "DENVENUE"

www.

ARRIVALS

FROM ¡U.K. vìa Singapore,

SAILINGS

DUR

10th June

on or art. 11th Jum

21st June 26th June

London Antwerp, Rotterdam, Hamburg

Liverpool, Havre, Hamburg, .Hulk

29th July

9th Aug..

14th Aug

Loading on or abt.

8th June

20th July

17th Aug

Dubl!

·Soth* Jáné

Tath Jun

14th Jurin/

6th July*

S1st July

Genon, Le Havre; Loň- don & Hamburg.

Liverpool, Glasgow, Qubjin," "Antwerp 14 Rotterdam.

† Accepts Cargo for Japan.

Accepts Garge for Hävre. Via Malaya, Colombo, Port Sudan, Adort, and Guez Ganal.

For Further Particulars, Apply To---

LOXLEY & CO. (CHINA) LTD.

Agents

York Building,

Telephone: '34165.

AMERICAN PIONEER LINE

to and from

Atlantic Coast Forts, of

the United States

and Far Eastern Paris

'NEW FAST, CARGO SHIPS

Tei & Tpl.

"ARRIVALS FROM-ATLANTIC

"PIONEER BAVICO

"FIONEER DALE":

"PIONEER LAND"

#

Australian pounds, opened at Kennecott Copper HK$12.33 brid closed at $12.25.

Word Plastres were ognjn nominal off HK513 a-100%)

ational Distillers

Lend New York Centrai Packard. Mators... Pan American Airways "Pennsylvania.BR. LONDON STOCKS Radio Corp

Silk London). Jinė Bemington Rand Profit-taking in issues which Rebubile Steel have becu active, recently dated Beynolds Tobacca da al binke on the London Stock Schenley..! Exchandel today. Most domestic-Segre Rochuck stocka were quietly Arm, Oll Shell Off shares wore dull,

Vacuum issues were

Standard Branda eagler There was little action in British Government: bonds, which closed substantially unchanged,

The Financial Times dally index [was up :.5 to 113,3 a new ID50"

high-Associated Press/**

Proffie Far East Lot

Fast Regular Trans-Pacific

Oll of Calif.

• Oll of NF, Studebaker Unim Bag

Carbide

U§ Rubber

Westinghause

Gen. Pub. Utilities

Youngtown Sheet & Tube

Gen. Pub, Utilities,

Corparate bonds: moved

rowls.

steady

US Governments

Ja over-the-counteri

15

gainers included

Cilips Service, Clarostat,” Claude

Nron

Baytheon - Manufacturing

11. Losers were Electric Bond and

KA BAILING TO MANILA "PIONEER BAY" "(vid Yokohama, Fusan,

RENNTskubir).sv., "PIONEER DALE", (in Yprobama, Kobe

Juno 1

Jugo

June 2

A & Juran)......... June 13. “PIONEER LAND"" {{vja Kišjung & Yako-

Pa, A

SAILINGS TO NEW YORK, BOSTON, HALTIMORE, PHILADELPHIAN JARAK & PANAMA CANAL

"PIONEER MAIL!

"PIONEER BA

"PIONEER LAND":

“PIONEER DALE

Artane BBalls June 10

# June 30

For rules, spicial, informatian call

UNITED STATES

Queen's Bldg. COMPANY:

Aug. 30

NES

20196.

„The shere fist Indicatiu, the palaefpal » sets of bonding gad Ziechorze da presently Intended, bit met their ret siion. Too Iuriling (alnéme (ie, `sos `· schodula' at 'thể Compñer's' Othon,

U.S. ORIENT MERCHANT LINE.

FOR

ADEN, FORT SAID GENRAC MARGEILUTE, ANTWERP, HOTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSL

available for Hulkoil

GILMAN & CO, LTD.

RUBBER

öne ribbed

lower.