1950-06-08 — Page 12

Page-12

THE CHINA MAIL, THURSDAY, JUNE 8, 1950,

NRGYALÁSTEROCEAR LANES

SINGAPORE, JAVA

PORTS and

MACASSAR

"TJIBODAS"*

TJITJALENGKA"

"TASMAN"

"VAN HEUTBZ • •

"TJITJALENGKA"

"not calling Singapore

ARRIVALS SAILINGS ·

0th June

11th June

In Port 26th Jung

30th Juma

25th June

9th July

only to Bingapore, Penang & det. Defl

• MANILA, EAST & SOUTH AFRICA & SOUTH AMERICA

"TJISADANE" * "DERLAGE" **

"TEGELBERG"

"TJIKAMPEK"

"RUYS"

1st July

13th July

In Port

2nd July

16th Jone

20th June

6th July

2nd July

6th Aug.

** not calling Bouth America

* not calling Manila

and toading until 14th June only

JAPAN

"TJISADANE"

"TJIDODAS"

"TEGELBERG"

"STRAAT BOENDA"

"RUYS"

Agents:

FINANCE AND

COMMERCE

JAPAN KEYSTONE IN FAR EAST'S ECONOMY

Hong Kong Stock Exchange

sellers reserved,

IX. GON, LOANG

45% Luan 986.

12th June

Pis N14

11th June

4th July

16th June

To Part

3rd Aud.

19th June 6th July

HOLLAND EAST ASIA LINE

EUROPE vio MANILA

and MALAYA

"RYNKERK"

ARRIVALS SAILINGS

14th June

"LANGLEESCOT

"MARIEKERK"

14th June early July

15th July early Aug.

Through Be/l.

Jontrad

ta

Mediterrandos and Norther!!

European porta

JAPAN

"AYNKERK"

"LANGLEESCOT"

"MARIEKERK"

13th June

14th July

18th Juna

early Aug.

early July

GKING'S BUILDING. - TELEPROSIS: (QMUUS - TO/BROFI

LED CJENËSE SOLATEFUL CINNABUIT BAILE FEUSCA1199, 25175

THE MOLLE

ISTHMIAN LINE

(F-thmian Steamship Company, New York)

ZARLS DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL SURVEYOR” "AKTION"

Tanks available for Bulk Dil.

22nd Jung ..24th July

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVÍA)

"STEEL SEAFARER"

"STEEL ROVER"

"STEEL ADMIRAL”

Lon (1954 & 1940) TH.

Loan (1948) ORG.

BANKS

HK, & Dánk' 12455.

San Francisco, June 7:

Japon is a keystone in the reconitruction of trade

in the Far East where the long-range econo mic outlook is favourable.

That is the opinion of eight businessmen Interview- ed here by the United Press. They represent a world trade association, a bank, three ship- ping lines, on export-Import company and a trode magazine.

George

Though optimistic in their Billation and diversification, N long-range viewpoint the tra- great blocks of doffers taken in The market continues firm with &ers feel that the close-range from wartime military expendi

doring turos were squandered outlook is cloudy or spotty.

1048-48; the boom period of Contacted by the United Press when according to one of the were: Alvin C. Eichholz, local

then interviewed, everybody and director of the World Trade A his brother went into the Int sociation;

Talmadge,

business. Almost spent porting Paeffle Transport Lines executive; in $500,090,000 in war Indemhi Joseph de In Penn of the State's ties from the United States. Cor. Marine Corporation; M.

trofs on imports are helping the Buckeley of the American Pre-

people of the islandt niòng the local sident Lines, Lou Sliver, importer; and Takurichi Kagawa, austere path of recovery. 40-year-old Japanese business need each other probably more

former nssistant

than any two other countries m manager of Mitsul's office here. The banker and the trade ng the world," said Mr. Eichho12.

"China is a good türkét but zine editor preferred to remaineduld be rester If recognised, anonymous.

[Lon, T. 277%. Chartered Bank £6 %/ień, Mercantile Bank A. & D. Amlin. Bank of East Kala 1018.

INSURANCEA

Canton ine, 259. Essien ise, D.

Chins Underwriters, In.

H.K. Fire Ina, 200h.

SHIPPING

Dounianes 201μ. H.-M. Breemboats, alw

Indo Chip (Próf.) WMDiv, #1n.

[Def. Ex.biv. 17m.

Bells (imary) OB/B.

· Univer Waterbbata 18m. Avid Nur, 67ýýb, 78, 70mm. HOCKS, WHARVRS," GODOWNA, Et. MK. & K. Where 800. North Polat Wharves G.G. Hani Hanekew Wharner: 36n, B.K, Tocka, 148, 141⁄2w; Hao, China Previdenta 0.3048. Shanghai Dockyardn 2:30h, 200. Wheelocks Zib. 21/21

MINING

Baube Mines 4.70m

St.K. Mrien 41%82

·LÁNDR, HÖTELS &“DÜDÖS.

1. B. Hotel 6.10.

HK. Landa 31.

Shanxial Land 1.10.

Humphreys 3n.

K. Roller

Chinese Estaten 124.

PUBTAC UTILATIES

HK Tramwaya sukab, 110m Denk Train (Old) Jón.

(New) In.

Star Ferrien füb,

U. Lights (Olly Ex.Div. #00b.

(New) Extr. 1.000. F.K. Electrða 201⁄2b, Ziur. Macro Elerifles 1735m.

Ir

(N/W) 1051 9.

(Bands Shared) 10ện

·Bandukan Light Bn. Telephones 1990. Shanghai Gas 1980.

INDUSTRIALS Cali, Mark,, (©N.) 210, Cantom Icon 35án,

Cements 201,804, 1038/nr. H.K. Ropes 20

24th June

.16th July

.16th Aug.

Dairy Forin

Sails S.F. Due ILK, Solled

ARRIVALS FROM U.S.A.

Sails N. Y.

-STEEL SEAFARER"

"STEEL KOVER”

"STEEL ADMIRAL”

Sailed

24th June 6th June 24th June-15th July 7th July 25th July 15th Aug.

GILMAN & CO., LTD.

Tol. 31140

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

PROFES

Lets:-28823,-26653-4-23483-

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

S.S. "STEEL SURVEYOR"

LOADING 21st JUNE

SAILING 22nd JUNE FOR

LOS ANGELES & NEW YORK via PANAMA GANAL Passenger Accommodatión Avaliable. TANKS AVAILABLE FOR BULK DIL

GILMAN & CO., LTD.

Tel. 31140.

Chincke Frélght Agents:—HIN, FAT & CO., LTD.

Tals: 28823, 25553 & 23483.

SWEDISH EAST ASIA CO.LTD

AKRIVALS FROM KUBOPH

"SUMATRA" me."MINDORON

"DALE”... m.v.. "SUMATRA”,

SAILINGS TO EUROPE

.End Jund End July

14th Jund 15th July

ADEN, PORT SAID, FÖTTERDAM, BRE

SEILLES, ANTWERE,

COPENHAGEN, OBLO

able for Bulkefl,

EQ. LTD.

STOREB, Ete.

Ex DW, Sends & Éts, 12%, (R, 40,

Watoms 236, 25%%%, 25m.

I drawfordz 12m. Børeten $206.

China Enporium 9n,

Son Co., Ltd. 1.70n.

Bmma Saox Hot Bu

Wing On 114 K.) son.. Wm. Powell, Ltd. Bun.

MISCELLANEOUS

-China Entertainments 11fIL

H.K. Contrustions (OMG) 190D.

(New) 18.

Vila "Pilinge 1116. Markman Inediamente Dfm. Matemme (M.K.3 .75n. Shanghai Ledw In. Yeraz 2.

COTTONE

Žveờm 2.TAB, 2165.

RUBBEN, ie, COMPANIES Alma · Emister 150. Anglo-Dutch aon. Anglo-žérna „füm. Batu Andas 114b. ilute Plantations 475b. Chemor United „din. Cheng Rabbent 19fáh. Cosiaalidated, Rabbite 1946. Donitatóu Buble 1,301.

·Java=Cobaslidded #In. Kála Dabrod „b. Kroewe en 118m. 3.dmekáld In

Padang Rukbeu · „ÖTTGB. Repih Rabbère ‚106, 2106€.

•Hábode, Tenste, ZV, 1,1806- Enderles Risbane,781. Kehamba Rolberi füb,' „#OK. Khuztenek Restolja 45, 4{201. Chang-Malá 10, Bhebhal, Paling –,865. Shinghál, Samnited 11. Sua Minista 106, Burigel Khirts IẾT. Patan Mike 47th, 20mai Tebonz Rubber 12%.

tinn

and

saidi

Mr.

+

Shipping war

risk rates

reduced

· Londók, Júne 6. Fully Further, reductions in war

rluk cates announced by' Lidyda undarwriters tōday în- didated in thßfavskéné fit the Chine Coast shipping situṛ- Wan.

Insurance on cargo bound to de front ditangha hai bean Vreduced from 23 pár dönt, tɔ 22 der cent. For dedun porte South of Shanghai, Thefuding Mainan And Maono bút ex. cidding Taiwan, Hong Kong Ind Kowloon, the rate maine unchanged at 3 par

war risk rate fu cargo

to on from Egypt.

Malaya Burma, Indonesia, and the Strails Settlements has been reduced from thras inlilings to two`shilfings "per cent.-United Press.

China: "Japart and Chine BANK AND CHINA

DEVELOPMENT

San Francisco, June 6. Assistance in the dévelop Raid Mr. de la Poha.. "Japan needs a large merchent All the experts agreed that ment of China's Irutustries, markie of her own," Kagawa, who is the first Japan-Cha had, the greatest opport. mines and communications, has ese allowed to stay in this counthe war but mal-administration, Communications, a former Na

unity of any nation fit the end of Beon giten by the Bank of try for six months by oceuph greed, 'corruption and civil war *tionalist Government bani: tional authorities. Before the war Japan had 0,500,000 tons of merchant shipping about one- half of which was suitable for ocean voyages.

soon brought, trade to a stand stan, The editor

reported that Tientsin, Tsingtao and Taka Bar ore turning over a good volume that the Communists of business. The same mom said

Peking Radio reported today,

The assistance took the form of Joans, and other normal ser Today Japan has 1,680,000 tons

vices, "in contrast will its former may hut speculative activities", the Radid of merchant ships mostly worn Shanghai die as a port because reported.

Western influence, and of the

out, according to Mr. Kagawa.

Addressing a recent wheeling

"Only about 153,000 tons is sult- later revive the great harbour- 'of the Bank's directors, Mr able for trans-ocean rade," he city. said, Mr. Kögowa pointed out that instead of a profst Japan

in

Brightest spot

and

PRESIDENT

The Global Pless

TO HONOLULU & SAN FRANCISCO

vìď JAPAN “Cotieråt Gorden” .........Arr: June 19 "Prendent Wilson" 277kessé. Aft, 'Juho 19 President Cleveland" -21477. Arr. July 14

TO SAN FRANCISEO & LOS

yio JAPAN

"President Harrison" "President McKinley"

Art. June '13. Art. June 13

Sails: Janie: 20 Sails Junie 20

Sails July 15 ANGELES . *

Salls June 13 Bails June 14

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

"President Tyler"

Arr. June 11 Willamette Victory" sina Air. July 15

ROUND THE WORLD

Sails June 12 Salls July 18

VIA MANILA, SINGAPORE, COLOMBO, COČIN. DOMIRAN, KARACIÓ, SUEZ, PORT SAM, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON

"President Polk" "Marine Shapper"

Arr. June 21 -¿- Atr. July 2 TO JAVA & STRAITS

"Willamette Victory" ........ Art. Jane 16

St. George's Bldg.

Salls June 22 Sails July

4

Salls June 17

Tel. 28171/6.

BENDLI BEN LINE

ARRIVALS

FROM

spot

Sht

ber

Chang Ping-chih, General Man ager, sald that branches of the tot Bank abroad that hud su established normal relations with these herd office in Peking in

Hong Kong, chided those th Calcutta, arkt Rigoon,

SHIP "DENARTY" "DENVORLICH"

U:K. vix ́Bikgapore.

"BENMACPHUI"

must pay out more than $100,- 3. Slam! the brightest 000,000

foreign exchange but there since the end of earnings to move Its goods.

Eichholz. war," said, Mr. "Things will be back to nor-la a big tice producer, has mal m two years after the sign-apund doline pisition ing of the

sald Bir. market continues good." froaty the Japanese Kagawa, if

arc 4. Malaya: This country's trade' allowed first, a sizable merchant position is being slowly deve flect, second, more control of in-toped. Total recovery is a fan- ternal affairs, and third, a peace range proposition. Tin

and rubber exports are picking up. trenty.

| Australia has replaced the United States as the lending exporter to the WS

Malaya,

Long way off

of

5. Indaneula: The situation In more stable with the Indonesians and Dutch in agreement, Like

every country which has newly won its independence Indonesia is oing to make a lot of coally This island group has mistakes. great market potential for United States.

Mr. Eichholz thought Japanese have done a tremen- dous job wo far but bellevch complete esottomid recupera tion is a long, long way off. He believes the return Japan's China market (in average pre-war year, exports to China and shipments of silk fo- gether accounted for 45 per cent of Japan's total exports) is

is im.

8. Hong Kong? The part is suf perative as is the need for a favtoring froth terrific, congestion. ourable dollar balance.

Japan,

Goods are not finding their way once a goliath in the Far Eath to the mamfart because of faces flerce competition from the countries of Europe who are des- lack of goldfs in

•perately fighting to rebuild ex- ports.

"Not only did Japan depend on China as a major

market

but

The Bank of Communications is Jolut stock company, partly owned by the Government and partly by private concerns and

individuals-Reuter.

་

CHICAGO GRAINS

Chicago, June 0. Grains and soybeans rallied to word the close faday and finished mostly higher arter a shaky start

the grain pit. Wheat

higher

was unchanged to than yesterday's close, July

$2.13 - October

$2.14 $2.17 34

December

"BENLOMOND” "BENALDER"

"BENAVON" "DENVENUE" "BENDORAN" "DENLAWERS"

"ENMACDHUI" "BENAVON". "BENLAWERS".

"BENLOMOND"

the

Corn was to

four higher.

•

*BENARTY"

Juls

$1.40 4

un-

A

1"DENVORLICH".

Communist

CHIND.---United Press.

Money Market

she looked to China as her chief US dollars continued webk

source of raw materials also, yesterary though the rate was

were changed to 25% higher.

July

80 %

Rye was to

higher.

$1.37-$1.37 1.

Soybeans were

July

to higher.

said the editor.. "Coal, rice, iron higher-than-the-previous-after-July 93:14-4-$3.15 and iron ore were imported in noon.

grent quantities. Imports from

China used to average 23

per

Opening at HK$0,00%, they drop

cent but less than five per conted to $5.99, and closed at half

2

of Japan's Imports tame from cent higher. Cina last year,

Sterling was slightly higher at HKSIR.30.

TT oponel, it irK$0.04%-ánd To Increase the Japanese bur- closed at $0.03% den, occupation officials have i banned the export of 6fd kinds of strategic materials to China or te areas where they might reach Communist hands, according to this informant,

"Japan needs to import about #HK$17 d '100,, $1,000,000,000 worth of tood, raw

Australian pounds," of the athar Hand, dropped henflys Tho

losing rate was HK 12.03.

Pigstres continued nominal di

Ticals at #27 à 100 wara imasangel.

Adoélated Přess,

NOTICE TO "CONSIGNEES

·

BURNS PHILP LINE

· Consignees per Company's Vessel

MLV, “MERKUR"

Voy. $1 Up.

materials and Bnished goods eachzi Guilders openés ́at HK$-| ârỡ hereby notified that their year," said another source, "She2.20 100 dad closed at $2.30. imported about $901,000,000. Just year, about $400,000,000 of which came as a gift from the United

States.". Last year Japan exporteti

only $511,000,000, and according to this Informant, oxports

INVESTMENT IN BURMA

fangoon, June. d.

Carge will be discharged into The HK. & Kowloon Wharf & Godown Co., Ltd., where it will ile at Consignee's risk dnd. subject to terms and cond tons of storage at The H.K.

contmodities and marlufacture:f The United States Ambassador, & Kowloon. Wharf & Godowi Ebord might inch up to $600,000 David, M: Royal Ameriam Co. Ltd. The cargo will 'be 900 this year. "Double that yolumd is needed but is nowhere in sight."

This is brier composite pia. tare of the economic situation In other Far Exelérni, atdan ke viewed by the "sight expérZÉ‹ 1. Philippines: This nation's siz« dustry is badly in need of tell

M.V “LA MARSEILLAISE

will sail

MARSEILLES

Manila, Sail

SUNDAY,

VIA

Singapore, Colombo, Djibouti,

and Part-Saft

11th June, 1950, at 6 AM.

1960.

businessmen will require positive ready for delivery from Go assurance that their property will not be confeated before they will down on and after June..0, be willing to invert in Burma.

US Investors would be gla ¿No claims will be admitted to start projects in Burme if they after the goods have left the felt re

reasonably, mured that their

Company's Godown, and aŭ properties would be protected.

Mr. Hoy, told Burmese news cods remaining undelivered paperthon that Amerigo private after June 14, 1950, will be empital interests would come tat Zubject tá retit, 74 the country if they believed this could make a profit; and, tako, shut profit out of the country sociated Prúdenie An

New York, Judo, Bicreased trade and commixtion house buying stodny Kfted, oottori) prices to the highest levels of the day. Futures closed 25 to $140 bale higher than the previous closur

lober".

Apsoglátod. Press. NY RUBBER

"umansors are requested, to board the vessel on Saturday; }, { Crudę, rubber - No the 10tir of Jizme, between 4 pan, and 6 pith.

75 to $r higher

tooth and Kajk, bastago will be registered In- KOWLOON GODOWN NO, 80. (No. 2 Gate, Eantur Hoak,

Batradico) da Priddy, the 9th' 82 Jund Velweds Am "aild

CIE DES MESSAGIN Quera'Buildings

IMES

futuron

· All claims ugáinist thb her intist be presented to the undersigned on or before July 7, 1960, or they may, ndt be recogniseti,

No Fire Insurance will be affected.

Damaged cargo ex this vessdi; Will, the surveyed in the premises of The HK. & Kow- loon Wharf. &. Godown Cd.. Ltd., between the hours of 11000 km, and 4.00 pm. dn: Jübe 13 and 14, 1980. – Corl. signees are advised to have [hur" "Representatives presept dùring the Survey,

Constances, are, warned that "claims for damitge or shortage rhay not be accepted if the damage is not surveyed by Messrs. Goddard. Sc. Lipusios in the presence of - Consigneða

· Rögrésentatives~"at","this", up- [pointed sing,

SENALDER"

"DENVENUE"

{

SAILINGS

DUS.

11th June

on or abt. 12th June

21st Juna

London, Antwerp, Rotterdam, Hamburg.

& Hull. Civorpost,, I.

Hayre,

Holl

Hamburg,

26th June

2nd July

18th July

29th July

Din Aug.

14th Aug.

Loading on or 'sht.

ZVIN' Juña 20th July

17th Aug.

Dublin,

30th June

14th June

a

16th June Bih "July

Bist July

Gehés, La Hayed, Lớn. T

don à Hamburg,

Liverpool, Glasgow,

Dublin, Antwerp Rotterdam.

+ Accepts Cargo for Japan, * Accepts Cargo for Havre, fomla Đinh.

Via Malaya, Colombo, Port Endan, Adan, and 'Guez Canal;

For Further Particulars, Apply To...

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

*Agonts Terk Buliding.

Telephone; 34165,

THE EAST ASIATIC CO., LTD.

M.S. “KOREA"

21st Juna

for

ADEN, FORT SAID, HAIFA, ALEXANDBIA, GENOA,

ANTWERP, ROTTERDAM, HAMBURG, OSLO. GOTHENBURG, & COPENHAGEN Traks avattable for the carriage of oil is bull”

THE EAST ASIATIC CO., LTD.

Queen's Ridgā' Sad Høortuni

SWEDISH EAST ASIA

**** CO. LTD.

BALI"

LOADING 13th JUNE SAILING

ADEN, PURE BAID, GEN

CARARLANCK: HAMBURG/COT

GILMAN

14th JUNE

MTD:

I'