1950-06-23 — Page 12

Paro 17

THE CHINA MAIL, FRIDAY, JUNE 23, 1060.

ROYAL CENTEROCEAN FENES

✪ SINGAPORE, JAVA

PORTS and

MACASSAR

"VAN HEUTBZ*

"TASMAN"

"TEGEL BERG"

"TJITJALENGKA"

ARRIVALS

23rd June

20th June

9th July

SAILINGS

27th June

1st July

6th July 18th July

*only to Singapore, Penang & Bal. Dell direct to Singapore, pot to Java ports and Macassar

O MANILA, EAST &

ARRIVALS SAILINGS

SOUTH AFRICA &

SOUTH AMERICA'

"BERLAGE" *

26th June

"STRAAT SQENDA'

7th July

"TEGELBERG“ ***

0th July

"TJIKAMPIK”

29th June

"AUYS"

2nd July

8th Aug.

not calling Manila and South America

not calling Manila

"STRAAT SOENDA"

"RUYS"

D. JAPAN

"TEGELBERG"

6th July

4th July

3rd Aug.

15th July

Agents: HOLLAND--EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"LANGLEESCOT”

"MARIEKERK"

-"MELISKERK"

ARRIVALS

SAILINGS

early July carly Aug.

7th July Carly Aug. carly Sept.

Through "B/L. letund

to

Mediterranean and Northern

European porta.

JAPAN

"LANGLEESCOT"

"MARIEKERK"

"MELISKERK"

6th July early Aug. early Sept.

early July

carly Aug.

A LÆKINÇÜSZYBUILDINGSTIELEPHONESTAOUDEN OF ORUTIER

MORED TAY WI

ISTHMIAN LINE.

(J-thigion Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

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

.28th June

.24th July

Tanks available for Bulk Oil.

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

*STREL SEAFARER"

*STEEL ROVER"

"STEEL ADMIRAL”

2nd July

.23rd July .20th Aug.

*Salls N. Y.

Sulled

Sails S.F. Dus H.K. Sniled 1st July

ARRIVALS FROM U.S.A.

'STEEL SEAFARER" "STEEL ROVER" "STEEL ADMIRAL”

GILMAN

IKE RAKLA

Sailed

8th July 22nd July

11th July 2011 July 19th Aug.

CO.!

Tel: 31140

LTD.

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

Tels: 28823, 25553' & 23483."

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

S.S. "STEEL SURVEYOR"

LOADING 27th JUNE SAILING 28th JUNE

FOR

LOS ANGELES G. NEW YORK

vią PANAMA CANAL

Passenger Accommodation Available, TANKS › AVAILABLE FOR BULK OIL

GILMAN & CO., LTD.

Tel. 31140.

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

Tels: 28823, 25553 & 23483.

SWEDISH EAST ASIA CO.LTD.

ARRIVALS FROM EUROPE

FINANCE

AND

COMMERCE

Australian approval

payments scheme

of

Hồng Kong Stock Exchange

Prices showed fractional de cines on speculative selling, but Rubbers continue to offer pests. tance, Indo-Chinas tuse now nominally quoted on the basis of their revised focel value of £1. The turnover was again small

ILE, GOVT. JAANS

45% tuan pab. 14% Jann (5934 & 1040) Jab. $15% Lowu (1048) 52am.

DANKH 2.K., Bank 12001, RESE.

(Lam, Rex.) 2500. Chartered Bank' £9 11/1ên. -Mercantile-flank¬Ã...Â−1.222 ***

Hank of East Asia 10im.

INSURANCEN

Canton Inc. 270m.

Tinion Ina, 6006

China Underwriters Jn.

12.K. Fire Aus, Bode,

SHIPPING

Daugisses Ex.Div, 180.

HK, M, Rtentbouts 11n.

Indo Chinas (ret.) £1 share 16.10.

(Def.) 41 shares 1õn.

Shells (Denver) 45/7150. Bulow Waterbenta 18. Anin Nay, 203, 250mm. *

DOCKS, WRARVES, GODOWNS, EX. IR, & K. Wharves 796,

North Polit Wharves kan. Shanghel Hongkeer Wharvia 150. H.K. Forks 14, 15.

Chlon Providents 3.10. Shanghal Dockyarde:28,"Dam. Wherlocke 214b.

MINING

Is Mine 4.100.

H.K. Mines bikin.

LANDS, HOTELS & BLDCS. H., Hotel &10n.

1.6. Laude 30.

Shanghai Landa 1.156, 15x, 1.70ma.

Tonwilareye Blu

H.K. Belle 2,10. Chinese Fatales 124n,

PUBLIC UTILITIES 1.K. Tramways fib, 11.403.

Chew) in. Biar Fergien déb, ore,

C. Light 102d) 19.30b, 10,000.

(New) 7206, 4, 4.40*0. 1.K. Eircirits 2214, 22, 2314. Macau Electrica 11.

(New) 10.

tit, shares) 100, Sandakan Liubla Яan. Telenbruen 119%, 10%. Shanghal G 14.

INDUSTRIALS Cald. Back, (Orda 22. Contan Te

Cement 10, 101an.

HK, Ropes län,

STOREH, Etc.

Dairy Farm 18.

(n.) ab. Watsons 231b, 244s, 2łam.

4. Crawfords Ex.Div. 181an. Sincera 2.

China Emporium 9.

San C, L18. 1-30n.

Kour Baur Hane Fon.

Wing On (1.K.) 09.

Wm. Powell, Liờ, an

MISCELLANEOUB

China Entertolonimia 14u,

K. Gunalructions (034) (3.996.

(New 13th, Plings 11

Marsman Investment /n. Mersman (11.5) 750). Shanghal Loan 70. Yanster lip.

Ewas 3.

COTTONA

RUBBER, etc. COMPANIO Alma Estaten 141.

Anglo-Dutch on,

Anglo-Java

16.

Balu Abrina $26.

Date Plantations 804.

Chemor Untied „tih,

Cheng Rubbers 15h.

Dominion Rubbers 130,

Canberra, June 21.

The Australian Treasuror, Mr. Arthur Faddon, moking a financial statement to Parliament last night, indicated Australian opproval of the proposed European Payments Union. He said: "The Union may do much to remove pay- ments difficulties which have impeded trade between the sterling area and the hard cur”. rency areas of Western Europe."

Refusing a demand by the Opposition leader, Mr. Joseph Chiney, for detailed figures on overscan trade and payments, Mr. Fadden pointed out that the new Government took of- Lice in the middle of Be financial year.

SLUMPS THINGS OF THE PAST?

New York Stock Exchange

Now York, June 21. The stock market rallied de- cisively today; cuiling short decline that started on June 13 Final prices were up fractions to two points or so, and at the tops for the day in most cases. Steel, motors, merchandising and indlo television stocks were favoured but gains were liberally distribut- Trading was the od claewhere. fastest in a wock Transfers were 1,750,000. A total of 644 lasues advanced, 207 declined.

Among the gainers were Dou- glos Aircraft, Philco. Zeniili Radio, Motorola, Allied Chemicals, Gimbal Brathera, Amarican Zine, Allled Stores, Climax Malyb denum.

Dow Jones

Geneva, June 20. Mr. Maurice J. Tobin, United His policy was full co-operation Statis Labour Secretary, told with Britola on econvinie pand Quancial matters, including the the International Labour Or- supply of eneential foodstuffs, to ganisation's conference here to- day that he did not belleve

averages: Stock# the United Kingdom.

Mr. Fodden said the previous that the United States would 78.03; 20 Industriais 223.53; Government took too narrow ever gc Urough another slump Ralls-55.02; 10 Ulties 43:45

Closing quotations: view of Australia's capacity to like that of the early 1930's.

Adams Express Past wars had been followed Alaska Juneau contribute to a a solution of the dollar problem by greater dollar first by a boom and than by American Can cornings through exports.

slump, he said, and many people had expected this process in he repented after World War II.

had

A

10

The policy of the present Gov- ernment was 10 give greater em phasis to

pozitive measurce promote doller earnings; also to explore. ns may be necessary, the possibility of securing dollars to

*

.---Tobacco But the United States,

Waterworks and economic legislation since Aviation Carp. made great advances in social

Anaconda Copper 1983, and no slump came in 1949. Baldwin Locomotive vital national projects, The rise

of unemployment in "Barnsdali and not to be retarded by an in- 1949 was almost completely limit-pendix ability to secure materials and d

finance

Dendix Aviation

equipment available only framed to manufacturing industries Bothlehem Steel

the dollar area.

Dollar problem

Mr. Fadden ould it was

100

directly affected y

Being Aircraft Bordin Co. Canadian Pacife

Chrysler

by the curtall- inent of purchas by business for Inventory purposes.

Compared with an average in Case, J. I. the three preceding years of leas than 2,250,000 unemployed, there Colgat were 3,200,000 without work in Commercial Solvent of the effect of devaluation on the first half of 1949 and 3,600,-

Cora Products the dollar problem, but the signs 000 in the second half. At pre-

Du Pont wére hopeful.

sent there were about 3,000,000, The Government had relaxed, less than five per cent of the la- trade restrictions with Belgium, bour force.---Reuter. Western Germany and Portugal

early to make a firm assessment

without detriment to the sterling

nrea.

De-rationing.resulted in only a five to six per cent increase in consumption compared to 15-20 per cent predicted by the Op- position.

During the 10

10 months ending April 30, Australia's dollar corn- ings dropped from $118,000,000 to $110,000,000 largely because of the reduced sale of load and rab blt skius--United Press..

OIL PROJECT

London, June 21.

Eastman Kodak General Electric

Motors Goodrich

HK BUSINESSMEN Goodyear

IMPRESSED

The Global Fies

TO HONOLULU & SAN FRANCISCO

“President Cleveland” "General Gorden” **Proskien Wilson"

TO SAN

wiɑ JAPAN

***. Are. July 14 111***»«»«Års. July 27

Sails July 18.

Sally July 28.

Salls Aug,4

*****d'Aïz. Aug. 3 FRANCISCO-G LOS ANGELES'

vio JAPAN

"President Taft" "President Madison"

Arr. July 2 Balls July

******* Arr. July 12

•

Sails July 15

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

"Willametto Victory" "Dartmouth Victory""

...Arz, July 16

Balls July 17

Arr. July 20

Salls July 10

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ. PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON "Marine Snapper"

8.

***Arr, July

“President Johnson” ......................... Arr. July 10

Arr. Jana 25. Arr. July 21

Salls July - Sails July-18

Salls June–14 Salls. July 23

Tel. 28172/5.

BEN LINE

| FREM TAL

ARRIVALS

FROM

3.15._via_DippERSTE.

SHIP

บ

+

DUR

In Portad

*

on or abt.

23rd June 2nd July

10th July

27th July

29th July

0th Aug.

TO JAVA & STRAITS

15

"Dartmouth Victory"

""Mount Mansfield"

2314

St. George's Bldg.

.114

Smelting Telephone

38%

15094

67

100%

214

7%

10

44

8714

23%

50%

1715

42

78

44%

17

6744

"BENMACDHUI"

7974

"BENLOMONDY

"BENALDER"

"BENAVON"

95%

BENVRACKIE”

D5%

"BENVENUE"

5244

"BENDORAN"

447

"BENLAWERS"

28%

"DENATTOW”

Bel & Tel

13%

43

93

58%

"BENMACDHUI”

224

"BENAVON".

4522

1522

"BENVRACKIE”

13%

"BENLAWERS"

34

9

15%

"BENLOMOND" -

21%

1294

38

"SENDORAN”

20%

33%

*GENALDER"

46%

"BENVENUE

4214

"BENATIOW!!... M

2016

5413

† Accepta Cargo for Japan,

) Omita Hull.

Oil of Calit.

Oll of N.

781%

33

3234

4814

44%

30

247%

York Buliding.

авт

Horsestake Mining International Harvester

Paper

•

San Francisco, June 21. Hong Kong and Macao Indus-Johns Manville trialistu and businessmen Dow Keanecott Copper touring Manchuria have visited Montgomery Ward the Huangkuton railway work- National Distillers shop and a number of factorica

Lead

in Mukden, Peking Radio re-New York Central ported tonight.

Packard Motors

Tobacces

Mr. Huang Chaug-shui, bead Pan American Airways of the delegation, iquated by Pennsylvania RR the Radio as saying, "In our Radio Comp brief stay here we have bec Remington Rand highly impressed by the indus- Republic Steel trial develpment, workers' labour

Reynolds enthusiast and improved rela- Reports from Saudi-Arabia said ions between public and private Schenley today that the "ispline" linking enterprise and between labour ears Roebuck of Bolds in Arabia with a ter- and capital. We will certainly Shell Oil nual point near Sidon on the report these things to our fellow Socony Vacuum Mediterranean was making such countrymen in Hong Kong and Southern Pacific Standard Brands swift progress that January 1 Macao"--Reuter. could be fixed as the date wher

the-first-tanker-would-load-nit-TEA- PURCHASES -

pumped 600 miles across tho desert.

IN CHINA

Studebaker

Union Bug

Carbide

US Rubber

+ Stool Lines Westinghouse

Youngstown Sheet & Tube 00%

The Gnal shipment of the 30- inch pipe is due to reaca Beirus

San Francisco, June 21. on August 1. The whole project

State buying of the spring crop will have taken exactly three

of black tea in liunan Province years from the day when it has now been completed, Peking first shipload of pipe was handed Hadlo said tonight.

harbourless beachhead" in

The volume bought had ex- Saudi-Arabia, The total cost,

priginal quotas by ceeded Cimated prior to devaluation, lasmuch as 20 per cent in Changsha were steadier. Curb gainers in- about £50,000,000, including six and Anhua.

eluded Cities Servico, Fairchild

ot u

ed

Gen, Pub, Utilities

Bands were litegular and crulls

pumping stations en route. The Furthermore, the faulo added, Engine, Kaiser-Frazer and Elec- "tapine" will have an annual the State-owned Chinu Tea Comtrie Bond and Share-Assoelated carrying capacity of 15,000,000 pory, which undertakes the huy Press.

notric tons, equivalent to doing, had already begun summer capnelty of 62 tankers in_con= tinuous operation.---Unitud „Press...|

--Ounnolidased- Nubbers 1.40b, 4,2014,

|BEIRA AGREEMENT

Java-Consullatada „Oko.

Kota Bahrow 255,

Kroewook Jalón..

Langkas Sm

Padang Robbers, 30%.

Sepah Rubbers 16h,..10.

Rubber Truja 234k, 3.856, 232,

Samagaga. Budder „78aa..

Semambu Rubbarn“ „20k,

Bhanghai Kedah 444.

Shanchal Maiara (10m) Shanabal Pahang. Ab Ahnachal Bumalens 505. Bus Mangga Job.

Bansal Kurla 27, 1835, Tanah Meraha.50% Tubong. Rubber

tu

Zingbo Ilubbers 104.

| purchases--Reuter.

·BRISK MARKET

· IN PEKING-

San Francisco, June 21.

NOTICE TO CONSIGNEES

Consignees Per

5.8. "TRITON"

London, June 21. Peking Radio reported tonight are hereby notified that their Mr. Expost Davies, Foreign that price, stability had brought cargo is being discharged into Affairs Under-Secretary, said to-to Peking briak 'rancket for the Hong Kong & Kawipan day that the British Government consumer goods and a big in Wharf de Godian Ca's go considered the 20-year agreement crease in the exchange of goods down, where it will be at Co- for be development of the Por between the city and neigh signees risk and subject to the tuguese. East African port of bouring rural districts: Betra would strengthen Zurther

An inereasing number of mer-Wharf's terms and conditions the trade ties between the British chants were arriving in the Chi of storage, and when delivery Government and the Government nose capital from distant places, may be obtained. of Portugal,

bringing

with them hundreds of He. was announcing in the recent types of agricultural House of Commons, dalails of the agreement under which Portugal and local products for sale, the undertakes to. maimain Beira and railway in a state-of

liquiinomants of traffle to or fram

སྐལ་

Money Marketers and aquaid to the

US dollars opened yesterday at Southam Rhodesia, Northern RX88,031⁄2 and closed at $596. Rhodesia and Nyazgland.Apuler. These were the lowest and high-

est rates.

Nadia added-Router.

Tr opened at HK$4.99% and INDO-SWISS PACT cate some US$200,000

closed at $0.00%.

accrued'

Damaged packages are to be left in the Godowns for exam ination by Consignors and the Company's Surveyors, Mesura. |Carmichael & Clarke, et 18

am on June 26, 1950.

AID FOR JAPAN'S SHIPBUILDERS

To comply with the General Tokyo, June 21. Bonded Warehouse Regulations Japatuses: Gema-wili be allow Condlenoes mut bay về Hạn through exports to buy ship-venue Officer in attendance Sterling chopped to HE$15,22

building equipment, most of it when damaged dullahin goods Berno, Juueal, American after opening at $15.28

are examined. |-~~ The-Swiss Federal Courich-to=<|| Australian pounds dropped 10 day ratified the new commercial oes said today

Transportation Atintstrý"""four"" conte to. 11U$12.45..

that, machinery! No claims will be admitted, Plastres continued nominal at initiailed in Berne last, April.

agrownent with India, which was and parts purchsised with foreign after the goods hago left tha axchange will go into ships to be steamer's godowns, and all HKB12 a 100,

10ms from March this year to buyers Alad: Included who after June 27, 1950, will be Under the agreement, which constructed in dapen for foreign goods remaining undelivered February, 1931, the Indian Gov-jaight-radar molta for installation

Tičala, Frlimbed a further

m.v. “SUMATRA”

6th July

m.v. "DUKAT?!

20th July

End July

cents to HKS2000. e. 100

KLINGS, TO KURPIT

ELV. “SUMATRA”

m.v. *MINDORO”

22nd July .Mid Aug.

TOR***

ADEN, PORT SAID, GENOA, MARSEILLES, ANTWERP, BOTTERDAM, BEFURN HAMBURG, COPENHAGEN, OSLO

4. GOTHENBURG

-Deeptanka wyallabis for Bulbell'

GILMAN

LTD.

NFI Güllers dropped 10 cents ernment will bur 97 million (20 dares poata piring between subject to rem to FIC$2:10 4100.

LONDON STOCKS

· London, Jun 21. Gold, mining, shards" aegistered sileht vatns, on the Imqadost alwale

Orango, ren? Binke, Fauna, NOV); most attention.wjihi nitrattive ins

Gilt-edsed

francs warth of Swiss gooda Northern Handhu and Alokkaldo. moluding watches, textiles, chem- |-United. Pra |icals, railway, waggons and man-m | clitory--Reuter,

10.195

RUBBER

SOUTH AFRICAN HOLDINGS

All claims against Ibn KËcam- er_must, ka, prvounted in the undersigned July 14, 1980, (or they will, not be recognland.

elfected.

Comstore batone

W. R. LOXEET

(CHINA) LAN

SAILINGS

London, Antworpe Rotterdam, Hamburg

♣ Hull

Liverpool,

Dublin,

Havro, Antwerp, Ham burg, & Hull.

Genoa, Le Havre & Liverpool,

Liverpack Glasgow, Dublin, Antwerp Rotterdam.

14th Aug.

27th Aug.

Loading on or abt

K/Whart

20th July

31st July

17th Aug

26th June

..

18th Aug.

8th July

21st July

31st Aug.

* Accepte Cargo for Havre,

Via Malaya, Colomba, Port Budan, Adon, and Busz Canal,

For Further_Portinsları, Apply Tour

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

Agents

Telephone: 34185,

THE EAST ASIATIC CO., LTD.

M.S. “KOREA”

NOW LOADING

for

ADEN, PORT SAID, HAIFA, BEYROUTH, ALEXA

GENOA, ANTWERP, KOTTERDAM, HAMBURG, OSŁO

GOTHENBURG, A COFERRAGEN.

Teaks avaliable for the carriage of off in bulk

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd four.

Tal, 34111⋅ & 26112.

H.M.T. “EMPIRE ORWELL”

HM.T. "Empire Orwell sails on Wednesday, Junó 28, 1960, at approx. 4 pm: from No. 1 Wharf, Kowloon.

Provided embarkation has been completed visitors ponicasion of “grech houriling pastex may go on board át... 11 am, but they must leave the ship në 12.30-p.m. "Children jinder twelve uze' sibt allowed" on board..

To avoid Yongestion, it is regretted that the number of boarding, passes Issued, rust, be illuted Depending on the Bervice, to which the passenger, whom it is, datingā to vist belongs, application shoudl be made. In person or by told. phone to the appropriate address below, between 3. a.m. and 12 moon go' Monday, June 20, 1050,

Sos Transport Office, Royal Navy

Hongkong. Tele: 1921 C&A, 320. Army & BAP Ardge/RAP Havajoanta E

Balabury Band Kowloon, Tels.: 34121 Ext. 129. passes for admissi to the whirr, only are)

Kowloon ATE

The Tar Co

لنا الوضيعة.