1950-07-11 — Page 12

Face

R. I. L.

ROYAL

INTEROCEAN

℗ SINGAPORE, JAVA

PORTS and MACASSAR

ARRIVALS

LINES

"TJITJALENGKA"

"VAN HEUTZ"

In Port

2011 July

20th July

"TAGMAN"

only to Singapore, Penang & Bol. Dell

O MANILA, EÁST &

SOUTH AFRICA &

SOUTH AMERICA

"RUYS"

"BOISSEVAIN" "TJIBADAK"

JAPAN

•

"TJIKAMPEK"

"RUY!"

"BOISSEVAIN"

ARRIVALS

In Port

12th Aug. 23th Aug.

ARRIVALS

In Port

3rd Aug.

3rd Bept

SAILINGS

14th July

20th July

SAILINGS

6th Aug. 5th Sept

SAILINGS

13th July

18th July

15th Aug.

Agents: HOLLAND-EAST ASIA LINE

EUROPE vio MANILA

In Port early Aug.

ARRIVALS SAILINGS

12th July carly Aug. Carly Bapt.

to

and MALAYA

LANGLEESCO?"

"MARIEKERK"

"MELISKENK” -

Through BT/L issued

- Moditerranean and Northern

European porte.

JAPAN

"LANCLEESCOT"

"MARIEKERK"

"MELIDKERK"

In Port

14th July carly Aug.

Darly Aug. early Sept.

REEKING SABUILDING PRELEPHONESSESHUSHTOV2017

MOZEMNESIJAGENTES HUL CONNARICELEROMULGEOLERATUNGANASSE

ISTHMIAN LINE

(Irthmian 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”

.2811 July .20th Aug.

ARRIVALS FROM U.S.A.

-STEEL ROVER"

STEEL ADMIRAL"

Sails N. X. Sails S.F. Due H.K.

Saited

27th July - Sailed 11th July 29th July 10th Aug.

GILMAN & CO., LTD.

Tel: 31146

Chinese Freight Agents:- HIN FAT & CO., LTD. Tela: 28823, 25563 & 23483.

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROPE

my. "SUMATRA"

14th July .18th July .28th July

m.v. "DUKAT"

m.v. "MINDORO”

SAILINGS TO EUROPE

in.v. "SUMATRA”

.30 July

m.v. "MINDORO"

..Mid Aug.

FOR

ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG Deeplanks avaliable for Halkoll

„GILMAN & CO., LTD.

'Tel. 31140

THE EAST ASIATIC CO., LTD.

M.S. “MALAYA'

NOW LOADING

for

ADEN, FORT MAID, GENOA,

ERF, ROTTERDAM,

JAMPURG, OSLO, GOTHENBURG,

COPENHAGEN 2 UDENIA

THE EAST ASIATIC CO

HINA. MAIL, TUESDAY, AUT

FINANCE AND COMMERVE

UNDERLYING STRENGTH Hồng Kông

OF BUSINESS IN U.S.

INDUSTRY READY FOR ANYTHING

Dayton, Ohio, July 9.

Now York, July 0.

Extended observance of the July 4, holiday coured some reduction in total business activity this wook, but the underlying trend again do- monstrated exceptional strength and vitality, despite war nervousness..

+

Despite the holiday lull in the steel automobile and building fields, demand was as great as ever, and these industries quickly resumed their record-breaking production pace.

Even retail sales over the Only the few seconds need-shorter week were better than ed to tronumit a

message, in both the preceding weeks separate

industrial and last year. many plants from war production for the Air Force.

This was disclosed today after a conference of the Air Material Commond's industrial platintas division at Wright Patterson, Air Force base.

The increased volume In re tall stores was probably helped along to some extent by scare buying in selected items. Despite ample evidence that the US. has

sume

and

NO NEW ARMS ORDERS PLACED

Detroit, July 9.

If the Korean outbreak has an abundance of almost every brought any new arms orders commodity needed in everyday to the auto industry, they are life.

consumers become not being unduly publicised The teletype messages which panelty at the first shot fired in Any substantial order for mill- would swing industries into pra-Korea and rushed out to stock UP Lary production can not be duction for the air force already Automobile tyres

ucros kept, much of a secret. me drafted, omleials sold,

Ma-sories, sugar, rubber and metal bilisation production requirements products were in extraordinarily Some military orders arp being already are in the hards of in-heavy demand. This astonished announced to dustries concerned.

trade experts who know how tutors. Most of them are for re-

in re- placements. The messages tell ench manu- really well off the U., is in res- facturer not only what to make ect to these items and how wel! in case of emergency, but also prepared it is to keep an adequate supply flowing under almost any the rate of delivery he is expect-sort of circumnatonces short of total ed to make.

global war.

manufac

over

Typical is an order announced last week by Willys Overland. It is for 8,350 | Jeeps costing US$32,000,000. Negotiations for the contract began six imonths Dgo.

to

War production would not even There was a sharp pick-up in wait for contract signing, omeials forward textile orders by middle It will take a much greatpr Baid. That would come later: men and converters anxious to volume of new armament orders

most directly under the divi- get under the wire before there than the industry expects. slon's thumb are 4 plants bult is another increase in raw cotton affect elvillaa production capa-| by the

Government during the prices. Cotton is one of the most city. But other factors, growing. last war. All but 20 of these sensitive of all commodities to out of preparedness planning have been purchased by indus- International war demands. Some could cut down actual output, try' for peacetime production. grades have been in tight supply The sales contracts, however, for months and any increase in stipulated contractors must main-war tension or preparation will tula the plants so they could be tend to aggravate the situation. returned quickly to war produc- tion.

were

Some of the 20 plants still

Air Force owned by the

to continue leased to Industry U.S.A.F. production, Some are used for storage, but ali

are available for Air Force produc- tion if an emergency is declared. | -Associated Press.

NO SHORTAGE OF SUGAR IN U.S.

Big buying

How much forward buying W18

on in going

the other markets was a matter of debate, Businessmen who concluded that wer

or a war-dominated pconomy will develop -out the present fighting in Korea probably were buying in a blġi way.

For example, extensive mill- try orders would cut into the auto industry's steel supplies—| never really adequate since the war-and steel tonnage would be put on an allocation: basis. —Aa- sociated Press.

U.S. HELP FOR INDIA FARMING

Stock Exchange

A few scattered transpetions took place at tales approximating Friday's close. Cements were quoted lower but bargain hunt- Unionn era" are now interested. have good buyers at $670 and Banks were steady at $1.220. The market remains quiet and Ipirly stepdy.

H.K. Govt. Logni

45% Town (1034 & 1940) DALŠO. 25% Lou (1940)" HON."

Banke

ILK. 9. Bank '1122064.

(Lon. Reg.) 41pm. Chartered Bank. 49 3/1km, Meranti Bank A. & D. 232940. Bank of East Atla 1010.

Insurances

Cantos Ins. 258. Union Ins, BTOR. China Underwriters a H.K. Fire Ina, 1605,

Shipping

Douglas 150.

HK. & H. Steambosis 19u. Indo Chima (Pret.) 20.10.

(1st.) Bon.

Shall fears) pa/in. Union Waterbonis 1. Asta Nav, .05b, 200, Glam.

Docks, Wharvos, Godowns, Elc. I.K. K. Wherres 770. North Paint Whorias Ba. Shanghai Hongkow Wharves in. ILK. Duela 179.

China Providenta 9.30. Shanghal Dockrunde 2.786. Wheelocks 1lb.

Mining

Hab Mum 1.70p.

* Me 01.

Lands, Hotels & Quildings.

2. B. Jošta 14. II.K. Landı 10n.

Shanghel Lands 1.203. Slutaporer Ti

.K. Reafile 1.90b. 2,10%. Chinese Fatales 124.

Public Utilities

21.1. Trapiwaya 1usoh, lin, Ulka. Peak Traps (Old) 15.

(New) B.

Star Ferries 48h.

C, Lights" (old) 5.000. (New) 6.00n.

1

K. Elsti 1, 3156, 21760-

Macao Electric 110. (New) 10330.

"

(1loous Bh.) 10țin. Mazdakas Lighla 84in. Tofephouse (clip) 201ís.

(tas 206.. Blangbal Car 11⁄2

Industriale Cald. Maèg. (Ord.) kin, Canton To 5. Cements Bb, skin. ILH. Ropes 330.

Stores, Eto,

Dairy Farm 158,

Washington, July 9, The Agriculture Department! announced today that 'It had "as- Others not so sure which way signed wo technicians to the the tide would flow, only watched, Indian Ministry of Agriculture as consultants at the request of The whole business front ap- parently found itself in uncer- the Indian Government. tality regarding future buying. ·· The men am A. Rambo, Uni- A. W. Selomek, economist for versity of Arkansas agriculturgi the International Statistical engineer, who will work on a programme to expand mechani- Bureau and a specialist in the rsation in Indian agriculture, and tall field, summed it up this way: Ford Milam, Deparimentem-

"The war scare will cause some ployee who will work on agricul-,Sun Co, Ltd. 1.70. Reports from some parts of the crease in new orders, in many ural research problems. Both are U.S. Bay farmers are buying 100-markets. Such buying, however, now off their way to India.. ib racks of sugar and housewives will be selective. In 'many cases

New York, July 9. Soine Americeus have the idea

that another sugar shoriage might be developing Trade sources say the reverse is true. There's a Burplus.

· The Department announcement

ore buying more than usual. it will be little more than said: "The Government of India placing of orders now that would have been placed anyway within the next few weeks.____

Sugar brokers attribute such buying to war nerves and memor les of World War II sortages. They said the Korean war should have no effect on sugar supplies

In the U.S.

Cuba has approximately 1,000,- 000 tons surplus sugar In addition to the 7,500,000 tons Americans are expected to use this year. Associated Press.

NOTICE TO CONSIGNEES

CONSIGNEES PER

STATES STEAMSHIP COMPANY

Controls four

STRIKE OVER

in recent years has been carrying on an aggressive campaign to in- ercano. Tog production and is making considerable, progross in developing agileultural research und in Introducing better farm- "Realisation that retro-active | ing methods", "lo" "ils' people."--| controls would be imposed if war United Press, 7 develops will be a restraining factor. So will the realisation that later peace scores, if they develop, would cause sharp price declines,"

Sharp advances

Chicago, July 9. were scored," this week by some

About 1,500 switchmen today other war commodities. Sugar was marked ended a two-week strike on the Hook Island Railroad, a major up a little but part of it was a mid-West lide. The fic-up was seasonal pattern. Food prices broken last Saturday night by a generally remained high with

Välj court Injüneliöh and unlon Pre- meat extremely dear for the

sichert Arthur Glover told his average income group.

The stock market steered clear rion to go back to work.

of the highly emotional bo The 'Switchman's Union had

1.8. "OREGON"

haviour of the preceeding week previously called off its strige when the war scuro caused losses. against (dhrpe ɔtha major. rail- are hereby notified that their it still was undecided what to do roads. Negotiations will go on cargo is being discharged into about the new set of economic between the union and rail the Hong Kong Kowloop conditions, however, and for every managements. In the meantime, Wharf & Godown Cola godown) advance there was a decline that the Army will be technically in where it will be at consigneer left gelees about where they control of the Rock Island Rail

rand: Associated Press. risk and subject to the Wharf started.Associated Press.

terms and conditions of storage. and where delivery may bị obtained.

Damaged packages are to be text in the godowns for ex amination by Consignees and the Company " surveyore, Messrs. Carmichael & Clarks at 10 am on July 12, 1950.

To comply with the General Bonded Wareholuo. Bezul flora, consignees must has Revenue Umbes in attendance, when damaged dutiable goods are examined.

*

SCARE BUYING IN SOME U.S. LINES

New York, July 9. Score, buying is beginning to' appp

de spota.

in isolated

are

is appearing are urging consumer not to rus 10 buy. Here their reasons:

w (2x). Bide, 38. Bataona 12in.

"

£, Cemetards 19, Oma Binceres 24.

China Emporioz - Dan.

Visa On (RE)" 12%. Wm. Powell, Ltd. On.

Miscellaneou China Entertainments. Itul ILK. Constructions (Old) 1.47.

(Now) 1.200. Vibru Pilings .... Maruman Invalmenta 07-n Nurman (E.) KR. Shanabal Loan Ton. Yangteyse Zián..

Gptione

Rubber, etc. Companies Alıma Kathie 13348, 1861 Anglo-Dutch 201

Anglo-Jayas „In.

Elain Abame 1Bn.. Dute Plantation -595. 'Chaine United Ain. Chang Rubber, 13%). Consolidated Bubbers 11⁄2h.· Deminión Helpers is," JarniConstillatada „orm. Hola shrpo AGRI. Krework Javes .161; .. Langkats 06. Padang Rubbers 10m, Hapah Rubber 16,

Rubber Trasta: 2,200. Hamagugs Rubbers 115a. Beramba Rubbers „205. Bhanghai Kedaha 41%2. Shanghai-Kalazu, 19. Shanghai Pahsas 2806,

badshal Bumatras la. Bys Mangels 10m. Bang Durls·1710. Tanah Meraha 471. Thong Rubber Zlangbe Hubbare 000

BUSINESS, DONE (Direct bulbaki)

12

11. Dank 20 $1,9. Blankhal Dock 100.41 81.70. HK.& 8. Notal-200' at $1,

ILK TYM 700 at 11. 109 at 1p. Ohio Light (New) £50 at #3.0.

Dairy Farm (Rightay, 800 at 43

20 13,000, at $2.65. Lane Crawford: $600 at: $19. Zulu-Nav,\*1,500 as-6115 centa. Babortuma -3,000 at:69%

Money Market

con+18 dollars opened yesterday at HK$0.05% and closed of the same

It la concentrated on items which, poopla remember, be came scarce in the last shoot Ing war, such as cars, tyres 1. The few dealers who fure No claims will be admitt

batteries, sugar, coffee. It is fed by rumours, it is even egg now, while you can' are put t

whispering to oxstomers to “but after the goods had on, In some cases, by greedy make money, culckly regardles steamer's godowźta,

of the risk of hunting all goods remaining undelivered merchants. after July TK 1980, will be and batteries, these sight of one. Its lie Indus faci

to goods are now in full and ample and ruinous infstion for the sapply-in some cases, much a country.

Jin, surplus supply. In 2. Bome of the prestig sugar, in fact, competitions, to sell is no which this scary, fachlo, keen in tyres, for example, that

triedy some dealers are holding sales at example derforat roduced prices.

subject to reuk.

steamer

the July

·not be

many

In others, such and whin stored) the

asatool pro atung.VI ducts and zoga, uke, niodela, dei 3. With a wh mand was already so high before controls would be:

Korean fighting that a form Nothing would

the

being

The Global Fleet

TO HONOLULU & SAN FRANCISCO

via JAPAN

"President Cleveland"

General Gorden”i "President Wilken"

Arr. July 14 - Arr. Aug. 1 Arr. Aug. 3

Sails July, 18 Balls Aug... Salls Aug. 4

TO SAN FRANCISCO & LOS ANGELES'

"President Madison" "President Pierpo” ..

via JAPAN ******** Arr.: July 13

Salls July 10 Apr. July 28 Salle July 29 TO NEW YORK, BALTIMORE G. BOSTON via PACIFIC COAST & PANAMA "Willamette Victory"......Arr. July 19 "Dartmouth, Victory"... Arr. July 29

ROUND THE WORLD

Salls July 20 Sails July 30

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

In Fort Solls July 11 "President Johnson" ........ Arr. July 21

TO JAVA & STRAITS

+

Sully July 22

"Mount Davis"

Arr. July 25

Salls July 20

"President Fillmore"......Arr. Aug. 18

Salls Aug. 18

St. George's Bldg.

Tel. 28172/5.

BEND LINE

SHIP "BENAVON"

DENVRACKIE" "BENVENUE" "BENDORAN"

"BENATTOW"

"DENLAWERS”

1"DENALBANACH”

"BENCRUACHAN"

ARRIVALS

BAILINGS

DUR

13th July 27th July

29th July

9th Aug.

FROM U.K. Via Singapore

on of abt.

P

H

14th Aug.

27th Aug.

29th Aug.

12th Sept.

Loading on or abt.

18th July

31st July

Hamburg

17th Aug

16th Sept.

Genoa, Lo Liverpool,

Hayre &

13th Aug.

Liverpool, Dublin; Rotterdam.

Glengow,

· Antwerp

31st July

J1st Aug.

"DENAVON"

"DENÝRACKIE” “BENLAWERS" "BENCRUACHAN"

"BENDORAN"...

"BENVENUE"

London, Antwerp, Rotterdam,

.A HUIL.

"BENATTOW"

† Accepts Cargo for Japart.

) Omita Huli. •

Via Singapore, Colombo, Port Sudan, Aden, and Buez Canal.

For Further Particulars, Apply To...s

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

Agents

Yerk Building.

Telephone: 34165.

American journalist denounces Mr. Truman

Berlin, July 8.- slandering Rumghfa "because of The Soviet-controlled ADN 1ts unshakeable friendship with news agency today reported the Soviet Union." from Bucharest that on Amer-

"Stovens was said to have add- Ican Journalist named Franked that he had proof the Ameri- 6tevens, who is stationed in cans had secretly tried to turn Rumania against Russia-Asso- Bucharest, had publicly de-

clated Press. nounced President Harry Tru man is a warmonger and

DISCRIMINATION

IN TRADE Hamillan, New York, July 9.

accused the American Press of spreading les about Rumanis. ADN sald Stovens represented the "Christian Science Monitor" and the Religious News Service. He has been in Rumania since night that the United States and A senior British official said to- the end of World War II Great Britain should lead the way

"It was not speciiled whether

for

Stevens had asked Rumanian cading discriminatory: interna-

ilonal trade practices: Communist

However, the Berlin United Kingdom Treasury and Sir Sydney Caine, head of the Asylum Communist Press liktened

hla ca

GO

to that of John Pent, former Ber Supply delegation in the US, lin edripsbondent for Reuters toward world security-Associat

proposed that course.as a means Who recently went over to the ed Press.

East German Communists after a.

KARAT

déclaration against the X

ADN wald Steven wrote an

WEIZMANN GOING

Cenon, July 0.

open letter to "Scantela, organ TO SWITZERLAND of the Rumanian Workers, Come Dan jyqunist Party in which lie dosto The President of Israel. Dr. clared:

Chaim Weltmann, arrived" "horst. Lucerne, Switzerland, where his val today, by ship on his way to will undergo treatment for oye trouble.

know and love with a my haark the America of Was shington and Rosevelt, but hate, Trums, and his halpore whp today aro

Preparing new war against the peaceful working hymanity.".

Stevens was also quoted as

ildaftar dropping in the fastest American Bross or UN to 46.00,

ppened at Fiks0:28 (rážíð

at 10.14249

The Breslent and his wife and due to take a short holiday im Italy on the way back to Israel. Router.

CHEMICAL FAIR

The Frankfurt, July 9. Frankfurt's Lord Mayor, Hary Walter Kolb, opening the Ninth Gold (industrial gold) drop: RICE FOR JAPAN to HK$289ael shows w

German Chemicnt Fale, the fren forter the market vi fed at 1893. Bruna Ann Franciaco,cluir 9, since 1937, here today, anki hú More than 10,500 tons of rice hoped that the next fair would be Itened at $202 in 2is afternoop

for Myflian "relockylli ba bent to na vil-suròpo, chemical fifir.ista Marking was uncharged at HH| Jagan-kila-month; "the man" Fran-11. Moro than", 450; firms, among "'cisco; port: of "embarkation-said,, | them a dosen from foreign court- Perlah, lan pounds were station. 5 Tho grice will ho: carried by tries guvoh comprehensive sur

| "hon-irilitary // ships.-:7) - will be vey- of post-war zueliévamenta nomina (delivered to), Lho "Japanized). Gori iaduly in the German" chain!

wrnment for ciylikka wa rinder) * and uniry,

24112

Hong Ko

order back