1950-07-04 — Page 14

R.I.L

ROYAL

INTEROCEAN

℗ SINGAPORE, JAYA"

PORTS and

MACASSAR

ARRIVALS

› LINES

"TCGELBERG" *

"TJITJALENGKA"

"VAN HEUTSZ" **

"TABMAN"

SAILINGS 0th July

14th July

Dth July

20th July

26th July

25th July

29th July

direct to Singapore, not to Sava ports and Mnensvar **only to Singapore, Penang & Bel. Del.

10 MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

ARRIVALS

"STRAAT BOENDA" "

"TEGELDERC" • *

"TJIKAMPEK"

SAILINGS

6th July 9th July

In Port

6th July

6th Aug.

SAILINGS

"RUYS"

* not calling Manila and South America

•⚫ not calling Manila

·

JAPAN

"STRAAT 30ENDA"

"TEGELBERG"

"RUYS"

ARRIVALS

6th July

8th July

3rd Aug.

10th July

Agents: HOLLAND-EAST ASIA LINE

℗ EUROPE via MANILA

and MALAYA

"LANGLEESCOT"

"MARIEKERK”

fasued

ARRIVALS

SAILINGS

11th July early Aug.

9th July early Aug. early Bopt.

to

Maditerranean and Northern

"MELIGKENK"

Through BI/L

European porta.

JAPAN

"LANGLEEBCOT"

"MARIEKERK"

"MELISKERK"

8th July

early Aug.

early Sept,

14th July early Aug.

KING'S BUILDINGS TELEPHONESBOBILJETOS280178

SEVERINOŠI ZARUsrszegi goss suHH LÁ ROVATI, VAHIRANGAUEND PASTA S

ISTHMIAN LINE

(Isthmian Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK VIA LOS ANGELES AND PANAMA "AKTION"

GREENHAVEN TRAILS"

.24th July .2nd Sept.

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

"STEEL, ROVER"

“STEEL ADMIRAL"

ARRIVALS FROM U.S.A.

-STEEL ROVER"

*STEEL ADMIRAL"

THE CHINA MAIL TUES

JULY

COMMERCE

FINANCE AND

METAL MARKET TURMOIL

New York, July 2.

War fears which put other The

markets in turmoil this week had little observable effect on non-ferrous metals,, except tin

With the war scoro tin prices |

PACIFIC WAR SCARE CAUSES UNEASINESS; LARGE DECLINE SEEN

Now York, July 2.

Pacific war scare caused a lot of uncasinoss

in business the past wook but failed to disturb strong forward trends in basic industrios,

elimed about 2 1/2 cents during First reaction to the Korean floreup: in business

and industry was a badly upset stock market, giving the lie to those who always say Wall Street loves a war.

im week to 70 3/4 cents a pound. But the advance reflected market strength in the Far East rather than a type of buying pressure lore.

Around flye and a half thou-} Copper and zinc were booming sand million dollars were lopped beture the Korean outbreak any-off the quoted value of listed way. And the non ferrous in shares in five tumultuous sessions dustries us a whole had one of that. sent the volume for the their most prosperous half years week to 17,008,054 shares, highest ending with demand prospects since the week of May 12, 1940.

good for weeks and maybe months ahesu.

Lend dropped a half cent

Heavy lines of industry and

он

of

a thousand other things that go hand in glove with the highest standard of living any nation in blatory, are pour. Ing

assembly lines in re- cord numbura and moat

have ready buyers. While there were periods of

Industries like Brand new stablilly and aggressive advances, there was no doubt about how television, diesel power, elec | pount to 11 cents, New York, be- majority of those who dabble tronles, plastics, synthetle fibres

felt about

the new and new drugs forged aliead to the in stocks meertainly over

new heights of fame and for- Government's future lead stock-it in international relations.

The week's decline was the tune with each compliation pling programine, weaker de- wal and continued Targe Im-targest since the market dropped statistles.

Nearly 81.500.000 people are. around US$8,000,000,000 in the perts.

spring of 1940 in the first re-salatully employed and the gross Copper and zlue held unchang-action to news that the German national product adds up to the armier of Hiller were running belt rate of US$205,000,000,000 roads helped intenslly the supply wild over Europe, ushering into US$275,000,000,000 a year at squeeze which has harrassed buy- World II with full-scale aggres- the current levels of production

slon.

and employment,

cause of

ed as the strike on Western rali-

ers of both metals for months.

However, beginning

Saturday, consumers forced to purchase for eign origin capper to cover their supply gap had to pay two cents. a pound more than the base price of 22 1/2

1/2 cents. For the two ceat import tariff was restored at lenst temporarily when lat- makers from mining states de- clined to accept any compromlic extending the duty waiver,

tha

the

All things considered, the Not sole reason

Pacifle war scare came at al While

trouble in

time when the nation appeared Pacific WAD the *park that well geared to take it in stride touched off heavy lquidation, if it must indeed take on another some stock

exparts War-Associated Press. contended it was not the hote reason for the large decline. There

market

Was a. particularly heavy batch of other discouraging

Oil wells in England

news, including anothor of · the in

recurring strikes on railroads, the French politieal crisis and the that calls for more corporation passage by Congress of a bill

new taxes.

Still hoping Congressional opponents of tariff were still hopeful a suspension would be voted after more hearings in the next twaj weeks, and that it would be monde retroactive.

the

London, July 2. pany has nearly 400 all wells The Anglo-Iranlen Oll 'Com-

in England and Scotland and Alive with rumours

some of them are producing Although it was less obvious moderate quantities of petro-. than the break in stocks, business leum, Sir William Fraser sentiment was certainly highly chairman, declared in a com disturbed by the politicul de-

to

-aud most consumers still have i at a moment when business and covering of other mineral resources |

been unable to obtain all metal they need.

.23rd July .20th Aug.

inty years.

Salls N. Y. Salla S.F. Dus H.K. Salled 7th July 26th July 11th July 20th July 10th Aug.

GILMAN & CO., LTD.

Tel: 31146

Chinese Freight Agents:- HIN FAT & CO., LTD. Tels: 28823, 25553 & 23483.

SWEDISH EAST ASIA CO.LTD.

ARRIVALS FROM EUROPE

Div. “SUMATRA”

*.*. "DUKAT" m.v. "MINDORO"

12th July 20th July 28th July

SAILINGS TO EUROPE

my. "SUMATRA”

m.v. "MINDORO"

.39th July .......................Mld Aug.

FOR

ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG Deeptanks available for Bulkeil

GILMAN & CO., LTD.

Tel. 31148

the

The mid-point of 1950 finds aily developed many of the trends Fully in inetuls which were only begin velopments in the Far East und any report being issued on wing to shape up at the start of Friday night for the long week.

off when front omees closed on Monday.

In 14 years the company has the year. Demand for copper and end that will extend in many sunk wells in a number of re zitie has flourished with

the best production steel and construction Industèles instance

next.. Wednesday glows and Loing full blast. Suppliers stocks using, the world of business year was 1943, when 112,700 tons of petroleum was recovered, thu was alive with rumours, discuз- of both incials have dropped

states. concern- sharply to the lowest levels in sion and speculation

Results

have been small in ing what was ahead. the case of copper

oll The International crisis struck terms of

production, but dis- industry were at the very peaks of antional importance have been made and much geological and While lead now is one cont be of peacetime perfection, employ-

Sir acquired," ment crowding the all-time high scientine data the early 1930 price level stablished in the Fall of 1948 and Jow

William wrote. copper has gained four cents and the gross national production duction of oil from shale in

In Scotland, he reported, pro- zine five cents. Also higher than six months ago: alurainium, anti-closely approaching if not exceed-

creaming. mony, nickel and Chinese tung-|

ing the astronomical figure, off *The

holds British Treasury that same period. ston ore. Slightly lower arol

eloven and a quarter million Never before has America had Pounds worth of ordinary stock Manganese ore, platinum, silver as much stoel capacity, as and quicksilver.

now, of the Anglo-Iranian of Com-

pany. The Treasury

63 per cent of the ordinary stock outstanding. The Company's dividend in 1948 was 30 per cent.

-Associated Press.

Copper ordera Copper orders. on producers books for June now are expected to folal about 105,000 tons (re- vised) and July shipment orders ure around 60,000 Lols.

Major non-ferrous metala prices; Capper-22.50 cents pound, Cony necticut Valley; foreign, 22.50, New York. Lead-10 cents

pound, New

3

York; foreign nominal, 10,20 cents, Gulf of Mexico ports, Zinc-16 cents a pound, East, B4, Louis; 15.72 cents, New York

Foreign nominal, 14.60 cents, Gulf paris. Aluminium-17.30 cents a round 10.00 pig,

shipping

politis. Antimony--27.78 cents pound cased (less than carload lots), New Yoric, 24.50 cents bulk, Laredo, Texas.

lone79.001.0

cenla

cents

*

and the nation is utilising it to. the fullest limit.

Never before has America had the ability to turn out as many

as as now."

bas

Norway's shipping her big producer

Santos, Brazil,

Shipping has always been the greatest ravanua- producer for Norway, and in these days of strenuous struggle for the dollar the descen- dants of the Vikings are sailing every sea and carrying everything the world's commerce offers to produce the dollars their country needs..

Hong Kong Stock Exchange

The inarket was inactive and interest YOG strictly limited. Prices were inclined to be frac-. tonally lower where changed, The and buyers were Pearce. undertone is quiet.

ILL. GOVT. LOANS

MERICAN

RESIDENT LIKES

The Global Fleet à

TO HONOLULU & SAN FRANCISCO

via JAPAN

"President Cleveland”

"General. Gerdam”.

"Fresidbat Wila"

Arr. July 14 Arr. Aug. 1 Art. Aug. 3

Salis July 15 Salls Aug. 1 Balls Aur.

TO SAN FRANCISCO & LOS ANGELES

"President Biadison' "President Flerco"

vio JAPAN

Arr. July 13 Arr. July 25

Sally July 24

Salls July 20

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

"Willamette Victory!! ................. Arr. July 19 "Dartmouth Victory"........ Arr. July 20

ROUND THE WORLD

Salls July 20 Salla July 30

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, DOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK, and BOSTOŃ Z

"Marine Soapper"

"President Johnson"......Arr. July 21

TO JAVA & STRAITS

Arr. July 10.

Solla July 11

Snils July 22.

Loan (1994 & 1943) malam. 34% Buen (1948) 083;n, PA.

BANKS

"Mount Davis" "Président Fillmore"

Arr. July 25

Salls July 20

* Arr. Aug. 18

St. George's Bldg.

Sails Aug. 19 Tel. 28172/8.

4 Lomi Bob. 3%

1.K. & S. Dank 1203

(Lam. leg.) £770. Charlewd Bank 40 2/10.

Mercantile Bank A. # 13. £125. Bank of Eat Axis 1016, 1Diam.

INSURANCES

Unit 1, 37. Unken 17ab. China Underwriters in. IX. Fire 1x, 160n.

SKIFTING

Douglaxen 189.

HK & N. Steamboats iin. Indo China (Pref.) 10.10.

(Det.) 85.

Shelia (enter) */0. Ugion Waterbosta 183. Ala, Nav, 87 70.

-DOCKS, WHARVES, GODOWNA Stc.

R.K. & K. Wharyan 12.55. North Point Wharven Ga Shanghai Hongkow Wharves 19, 1.K. Backe 10.

China. Providente 9.30h, 0.50. Bhanghai Deekyurda · Rjib, 3.10. Wheelocks 115,

1

MĪNING

Raub Mines 4.700. 1.K. Mines 01.

LANDA HOTELS & BLDGA Ha A. Holnia 7515. Be. INK, Lands 575.

Shanghai Landa 1.20m. Humphreys B12,

ILK. Ratios 1.90b, 2.164. Chinese Estates 12in.

PUBLIC UTILITIES

1. Tramwaya 11,10, 11.10am, Peak Trams 1018) - 16m.

(New) 8.

· Bar Burtles in.

M

O,Lights (Old) 18/0.00am.

(New) .Y/5,90an. ILK. Electrics 21. on. Mxco Kecirles 11h.

Fr

(New) 2013. TIL has 10%. Bandakan Lights 19%n, Tlebars (Bx.Div.3 1034»

(ELL.) FOT Shenzha)· Gas-1.

INDUSTRIALSB Culd. Maeg. (Ord.) 13%¤. Danton Tees "211⁄2n. Caments 10.200. ·

1., 1

-T

STORES,' EW.

Pairy Farm 184

(hu)” lb, Dan♫ Watson 7)b, 2 đã nhận

Crawford 185. Binorter 8.396.

Chhen Emporters in. -

Kwong Bang Hong Y344, Wing On (IK) Ita.

W Powell, Lis. En

MISCELLANEOUS China Entertainments 144.

·H.K. Constructions (018) 8.490.

(Now) 2.20

Vibro Pilingi 11.

Berman Envyekmesta 5/-ni Marsman (HK) Jon Shanghai Loan, ''Tin. Yenglescan.

COTTONS.

Estos 3.636, 2.657.7048.

A tour along the route of modern types were ordered to a ton (24 lbs), cif US only one of the many indirect, total, of 2,200,000 gross lons, at a poris, duty pald.

services, maintained under the value of about $365,000,000 of the Ferromanganese-US£172—UB#: | Norwegian flag in this case present exchange rate. Deliveries

175 gross ton, shipping point the Southern Cross Line-

from yards in Norway, Sweden, Nickel--48

pound shotye the traveller how this

Denmark, Britain, the Nether- Ontario.

lands, Belgium, Italy and even Platinum 60 dollars retail, New, major marlimentJpn has

Japan are due up to 1932. York.

come back in its post-war re-. In ¡this' expansion Norwegian Silver 72.78 conts an ounce, Nay

vival.

shin operators, arq paying thief. York.

In every port of the world attention to cargo Uncis carrying Tix-78.75 cents a pound. Noyage ray files on a ship, fruit vessels and tankers, the Consolated Rubbers 136.

where merchandise is handled the some passengers, refrigerated

York.

Quicksilver US$70 U8$72

flask of 78 pounds, New York

-Associated Press..

THE EAST ASIATIC CO., LTD. Money Market

M.S. “MALAYA "

LOADING ABOUT 10th JULY

for

ADEN, FORT SAID, ' GENDA, ANTWERP, BOTTERDAM, ILAMBURG, OSLO, GOTHENBURG, COPENHAGEN & GDYNIA

Tanks, available for, the carriage of oil in bulk

THE EAST ASIATIC CO.,

On March 16, lost 1,109, vessels

of old has virtually disappeared from the Norweglah, marchan ‚marīnu, Ik`laʻreplaced "by" "mod- ern, fixed route, vessels with luxurious-qoopminbdations fon

few.pasmongers,

Cargo, operations

Inter

r representing 12 per cent of of her merchant heet were in the new orders. service, chiefly, between foreign They wandering i tramp (i ports far from home. Without counting whalers and fishing and domestic coastal vessels, this flood now ranks third' in the world's Profi proster". Thius": Norway has more. US dollars dropped over the than regained the fourth place. weelt-end" and opened, yesterday she hold prior to

World War at. HK$5.0814 find rate was and Jost, By war, sinking 777 And dom to 45,98 before lubchating new tonnage is flowing in a consis For example, the mptorship. El-] In the afternoon it recovered to sinuous stream from the ship-being made, is owned by Westfal the culped to $5.99% al yards of several: countries, r

TT opened at HK$4.03, dropped

| fo^$0.02 recovered) fo-Bi03

funan, and closed at

ps Tanker war, loss o

At the outbreak of the wax tho Norwegian merchant flent cula

danger, on which, this voyaga. Is

KURBEK, 114, COMPANIES Alma Estate 28156. Auglo-Dutch 1992 Aario-Javna 148,2 Balo Anata nhữn Bate Plantsijose .50b. Chamar United '.169, Cheng 'Rubbers · „12,1,

Dóminion' Nukbara - 2,3Qmə Jeya-Consolidatede - 085 Kita: Bikrod Standa

Krow Java: „289-

Langkate th

Padang Rubber 1 Revah Habbers 16b Rubber Trials 2.30

· Hamstega:"Rodbere 80s."

· Famamba. Adbbera” „Ws. #Bbangkat Kebla £{D}" Blankkel-Malaya - 10m. Shanghai-Palang (30b, Shanghai Surgatine - 16-

Koneri Kurla 1776 m. -

• Dinah Merahy AGD Tedong Rubbers "Lib. Cignabe, Rubber 50

RAKETA ENT

· BUSINESS DONE

JL.K. Bank ID1 at +$1,200, ¿

Larsen & Co. of Bergen. She and other Southem, Crosa Ling verspisi for which Cosmopolitan Shipping Company, Ira New York Is the ***K "Gold" (Industriai fold) had tered nearly-4,000,000, groan tons, ngent, imajo straightigung for another "hostle" day, yesterday, of which để per cent was its motor Snips, Rio de Limeiro, Bumor find touched a new high in Lanker tonnato, forming the They deliver, in these ports on

ships. Forty-three per cent, won Alre, and *Montevideo. 1310 tabl in tile afternoon..

the operate 307, largest feet of motor tankers in schedule, picking up of the same from) 100, 14, 12.30 It was pushed up to 2218 buf the world.

time consignments bku for the United States. Thereafer the Danishal 10%): 4702 11 2204

- 168. fram, 109 NA 213-20, 200, MA LUBID. shlay" hginta, mag fülre danger's captain: to stop, jak dry; ahma Lighs (034) kop

by lunch time I was down When, Germany, lavaded Nor- again to 1307. The spurt started way, there were 1,042, vessels, (3), after lunch when it was scrsale in the Norko Tiga quiside, der ||mtid inter::$3153, Ap the closur

Sterling wha: alightly.

at 1030045940 d

Ariza Ha“ pounds.

Norwägian,

· Bank of Baal Aalu 13,05 $305,- 15 AN

BEN LINE

SHIP "BENALDER” "BENAVON” +BINVRACKIE”

"DENVENUE” "BENDORAN" "BINLAWERS" "BENATTOW" 1"DENALBANACH” "BENORUACHAN”

"BENAVON" )"BENYRASKIE” "BENLAWERS” "BENONUACHAN"

"BENDORAND

*BENALDER”

"DENVENUE"

"BENATTOW”,

DUR

In Port

ARRIVALS

FROM ..U.K. via singapore

on or abi

18th July

27th July

29th July

Bth Ave

14th Aug

'27th ABS.

20th Aug.

12th Sept.

Loading on 'ar að%,***

SAILINGS

London, Antwerp, Rotterdam, Hamburg A Hall

0th July

17th Aug

31st July

16th Sept.

Genoa, Le· Havro 4

Liverpool, Dublin,

Rotterdam..

Glasgow, Antwerp

18th Aug.

K/Wharf $1st July

31st Aug

+ Abcepts Cargo for Japan, * Accepts Cargo for Havre,

) Omita Hull,

Vią Malaya.. Colombo, Part Budan, Aden, and Busz Canal,

-For-Forthar-Particulars, Apply To---

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

Agonts

Telephone: 34164,

York Building.

NOTICE TO CONSIGNIES

NOTICE TO CONSIGNEES CONSIGNEES PER

STATES STEAMSHIP. COMPANY

5.5., “IDAHO”

43. “MANGARELLA” Having arrived: Hong Kong consignees of, cargo are hereby notified that all goods have been landed and placed at their are hereby notified that their risk and expense, into the 20 cargo is being discharged into dow of the China Provideat the Hong Kong & Kowloon L., & M. Co, Ltd., where de- Wharf & Godown Co's godown livery may be obtained where it will be at conalignées soon as the goods/urs atkled, rink and subject to the What's terms and conditions of stórago,

No claims will be admitted and where delivery may be after, the golls have len the chitalsedi godowns or failure to lend Damaged packages are, to be the survey.

toft In the godowna for - smination by Conslanner.... aind All broken, chafed and daru- the Company a surveyors, ugaŭ goods 'ard to do left in the Messrs. Carmichae] & Clarke godown - where they will be at 10 am, on July 4, 1900.. † examined in the presenced Messta Goddard, and Douglas on July 4, 1930, at 10 mm.

To comply with the General Bonded Warehouse Regula tlors, commlgede must." "havo” a Revenue Offlçer" in attendance To comply with the General when carnaged (dullablo guoda Bonded Warehouse, Regula- | are examined stat tions, consignees must have a

Revenuo Officer In sitendance No claims will be admitted when examining damaged dull. after the goods, have left the pklo gooda.. "All clalda" against steamer'a godowns, and the vessel must be presented to, goods remaining undeliverou the Undersigned within four after. July 5, 1950: will koon slays of the ship's arrival, | kúbject, or they will not bo recogulred All claims.

No dro Insuranne will be of-

VALDEM

· the Unders |July (12:1 'not boʻr

No Fire

34112