1950-07-15 — Page 12

Pake i

THE CHINA MAIL, SATURDAY, JULY 15, 1950.

HTT

R. I. L.

ROYAL

INTEROCEAN

℗ SINGAPORE, JAVA

PORTS and

MACASSAR

"VAN HEUTO2" •

"TASMAN"

"TJITJALENGKA"

ARRIVALS

22nd July

28th July

10th Aug.

*only to Singapore, Penang & Bri. Dall

© MANILA, EAST &

SOUTH AFRICA &

*

SOUTH AMERICA

"RUYA"

"BOISSEVAIN"

"TJBADAK"

JAPAN

"RUV3"

LINES

SAILINGS

28th July

J1st July

10th Aug.

SAILINGS

ARRIVALS

In Port

12th Aug. 27th Aug. ARRIVALS

6th Aug. 5th Sept

SAILINGS

16th July

15th Aug.

"BOISSEVAIN"

3rd Aug. 3rd Sept

Agents: HOLLAND-EAST ASIA LINE

Im EUROPE via MANILA

and MALAYA

"MARIEKERK"

"MELISKERK"

"MEERKERK"

Through BI/L lotund to

Mediterranean and Northern

European ports.

JAPAN

"MARIEKERK"

"MELISKEAK"

"MEERKERK"

(LIKE

ARRIVALS

SAILINGS

8th Aug.

barly Aug.

early Sept.

early Sept. early Oct.

7th Aug. carly Sept. early Oct.

14th July

Barly Aug,

early Sept.

KINGSBULDINGSTELEPHONESTEZDAVTO#280|7825

Term

ISTHMIAN LINE

(ethmian Steamship Company New York)

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

.25th July

2nd Sept.

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

"STEEL HOVER"

“STEEL ADMIRAL”

ARRIVALS FROM U.S.A.

-STEEL ROVER"?

“STEEL ADMIRAL”

28th July

20th Aug.

Salla N. Y.

Salls S.F.

Dao B.K.

Salled Sailed

27th July

Salled. 29th July 19th Aug.

GILMAN & CO., LTD.

Tal: 31146

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

~~Tola: "28823,” 25553 ́& 23483.

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROPE

m.v. "SUMATEA”

m.v. "DUKAT”

m.v. "MINDORO"

..In Port .17th July 28th July

SAILINGS TO EUROPE

m.v. "SUMATRA"

30th July

m.v. "MINDORO".

.End Aug.

FOB

ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, 'BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

Deeptanks avaliable for Bulkaif.

GILMAN & CO., LTD.

Tel. 31148

FINANCE AND

Hong Kong Stock Exchange

After a week of uncertaintý over the International situation the H.K. Stock market cloned quietly steady,

COMMERCE

TUNGSTEN IMPORTS BY AMERICA CEASE

Washington, July 13.

A Commerce Department details export reported today that United States imports of tungsten from Asiatic sources have, dried up since the Communists took over China. ·

Anelling wave The In sympathy with lower Wall plies advices did not develop, Struct

Buyers,

United States Government stockpiling sup- have come almost entirely from domestic

sources.

and losses over the perlod under

At the same time, he discount-| --- review were negligible.

the culting' off] however, were generally hesitanted reports that

to take on fresh commitments, of Chinese supplies has caused

price rises in this country. and the market continues idle.

H.K. Govt. Loans Loan DAD. 95% Lawn (1934 - 1950) ORIŠA. Alta Luna (PAR) DRA.

Banka

H.K. & S. Hank 1200b, 1290«.

Lou. Reg.) £tin. Chartered Bank 49 1/3ên. Mereusilie Bank A. & D. £120. Bank of East Apin 1016.

Insurances

Canton Ink, 26ân.

Velan Ins, 570b.

China Underwriters In..

HK. Ina, 1400.

Shipping

Deglama 160n.

H.K, M, Renmboats 14. Indo China (Prof.) 10.70n.

(D-E.) 26.

Shell (Deater) 42/th. Union Waterbonia 18n. Aria Nav, 51,

Docks, Wharves, Godowns, Etc. I.K.K, Wharven 7b.

North Point Wharves in.

Shanghai Hanukew Wharves Glho, alana.

ILK, Turku 1980.

China Providenta $39. Shanghai Iluckyarda 2547.

Wheelocks Vino.

Mining

Barth Mine 4.700.

HK, Mines 011010

Lande, Hotels and Buildings

B. & S. ¡Hotel Tău.

H.K. Landr A511.

Shantial Landa „80b.

Humphreys AM.

1.K, Realtiem 1997.

Chinese Estaten 18in.

Public Utilitie

1.K. Temwayn 10b, -10.70sa. Peak Trains (Old) 1ần.

(Now) Kn.

Star Ferrien 5051.

C. Light (old) 9.10k, 0.801A.

(New) 4.90n.

1.K. Eletries 214, 216a. Maeno Electrion Itián.

H

(New) 10,

(Bond Rh.) 10. Sandakan Lighten. Teleplinors (EX.8) 1014n, (R) 15, 20. ' Whangal Ghe in

Industrials Cala, Mner, (Ord.) 22{1⁄2n. Canton tren n

Cements Dn. H.K. Ropes 13.

Stores, Etc. Daley 'arma 13.

(10.3, 24, 216 Watrons, 22. 1. Cmwfords 200, Bineeren 25a de

Chias Emporium Da. Sun Co., Ltd, 1.70%. Khong Han Han Zin.

Wing On (2K) Mo.

Win, Tawall, Ltd, An.

MiscellaneQUE

China Entertainmenta" 14n.

H.K. Constructions (Old.) 2.400.

(New) 1.30h.

Vibro" Filings 35 år

Maruman Investments 0/+7%.

'Harman {H} viễn

Shanghai Loan 70.

Yangissa 3.40n,

Ewon 2.651,

Gattona

Rubber, ato. Companies Alma Estates In-

Anglo-Dutch 30n. Anglo-Javas „lin. Întu Anamın „lärt. Bute Finntations 46. Chemor United in. Cheng Rubbers 15h, Consolidate Rabbers con Dominion Rabbera 19. Java-Consolidateda „083, Kui Behroe „82Tik. 'Kroework' Javas 165, Langkala „Bób. Padang Rubbers 106. Kepah Stubbers 18. Rubber Trusta 2,200. Romagna Rubber an Sememba Rubbers Bb. Shangha! Kedah (Ex,Blv.) 14b. Shanghai-Malays 10p. Shanghai Pahang .606. Ahanghai Sumatra 1. Sua Mangale 10 Bungel Carbs 273jn. Trunk Maraha „dāk. Tebone Rubbers 12% ni Lianabe Rubbers 499,

BUSINESS DONE (* Direct business) B.K. Bank D2 11,220, Union Ins, I at 9375. Wheelock 100 mi 891.

·H,K, Tram (1,000).

$19.70. 700

$10.70, 100 at $10.70. China Light (Old) 2,000 st 19.50. 1.K. Electria 200 ̊as $75.

Telephone (Highla) C00 #

**+500 at -20 /dekta.

HK AGREED

The most reliable Information] MERCHANT RATES

Department · had

obtained

the showed the price during this past] Haximum "Balling"

at lea months bus remained stablo $2.00 per pound of 09.8 per cent minimum in 1,000-pound lots.

He added, however, that thr Department has not yet received data on price changes since the one im- South Korean War cut

which ports from that country previously had made up a little over five per cent of total United States supply.

Not adequate

Asked if the present stockpile supplies of tungsten are adequate for any major war emergency, the export sald;

171 15/16

1/9 1/83 TT, 1/8 1/10 0.0.

1/8 8/92 30 days, 1/8.1/800 & 60 daye.. 127 129 days,

Sterling (2 ♣

1/2 15/16

9 Afifin? +

1/5 1/R. O.D, if under

10

9/16 0.0, without

1/Credi 1/32nd up Ty

50 2.

B/Credit

Starling (“Afalen ↳ W Indler);

1/2 10/16

1/8 8/18° 0.0,"under G/Gred 1/3 3/4 G.D, without

L/Cred. 1/32nd up miếTY

30 days

15 18/10 T.T.

"This is a controversin! and confidential subject on which I Rupees (India): cannot comment.

"But think reports that they are adequate should be taken with some scepticism,”

The expert indicated that al- though present stockplling pur- chases are made principally in the U.S. the Government may supplement this with purchases from African and South Ameri- can mines,

He sold: "We buy all we can get."-United Press.

S'HAI FOREIGN EXCHANGE

02 16/16

Rapeen [Adem): 81 16/16

A 0/10 0.0.

A 6/18 7 4 10 lasu,

14 7/16 0 Raya, 09/15 00 days,

24 9/18 0,D, I under

I/Gradil, 84 11fts AD, wibout

L/Credit.

Rupees (Mangoon) I

# 10/10

&T.T.

B4 1/4 O.D.

24 5/8 7,30 daga.

14 1/2 60 days.

54 / 90-day.

Rupee (Pakistan)

61 1/2

48 2/16 T.T.

63 1/16

53 1/4 0.0.

18 3/0 20 days,

68 172 60 duyma

33 1/10, TIT, & O.D.

23 3/8 30-days,

$3 274 60 days.

*

The Bank of China In Shang- Malays hai has limited its collection of! the from. foreign currencies pubile to United States and Hong Kong dollars, according to Chin- US Dollars (dellvery within one calendar cse banking quarters in Hong month 1/16 down per calendar month Kong.

The Bank of China is no longer accepting for exchange inta Jen Min Pino the Australian Pound, Indian rupee, the Straits dollar and the Canadian dollar, these sources said,

The Bank, however, has on- nounced that holders muy ca- trust notes in these currencies, as well as the Pound Sterling and to it for ex- the Swins franc,

thereafter) 17 7/16

Canada:

10 1/1.

Antrallat

***1/* 9/15

17 / TT, a Q.D. 17 11/16 60 days.

17 3/4 CD 90. dayn,

"

19 3/1 T.T. & O.D.

1/6 10/10 T.T. 1/7 O.D.

New Zealand:

1/21/18 1/5 1/4 TT.

1/8 5/16 O.D. Sterling selling rates for delivery within change and conversion in foreign two months with a cut of 1/2 or countries but where such ex-every further three months forward. #hange cannot be effected the Bank will hold the foreign money

in safe keeping unul it can be CHICAGO GRAINS

done or the owner country-Reuter.

leaves the

NY COTTON

New York, July 13. Cotion futures dlused 20 to US$1.20 a bale higher. July con- tracts expired during the day, at a final price of 33.00, down US$3.10. December

March

May July

Middling spot

30.08 30.02-03

35.98-30.00

35,58

38,00 nominal.)

Chicago, July 13 The grains pits became ex- tremely nervous in the lost halt hour today and selling cut gain marked up earlier.

Whent

MARKETS AGAIN GO NERVOUS

London, July 13. World markets turned ner- vous again today; influenced Street overnight by Wall weakness, the Korean war news and various unsettling international rumours.

Apart only Bombay Alexandria

Eastern gold markets, from Hong Kong, had moderate movements,

and

alightly up slightly down.

Cold advanced in Paris.

Tin and rubber prices noare; again in all Eastern hemisphere markets. In tendon tin Jumpert by no less than £24 n ton while rubber rose 2s. 6d., its highest price since 1026 when it reached four shillings.

new

Reusers' Index of world com- modity prices reached; a high record.

The London Stock Exchange generally declined but there was very little selling.

British Government securities and oll shares partially rallied after rather sharp enely falls.

Japanese and German bonds were moderately lower.

were

Rubber and tin shares firm, against the general trend. New York stock's weathered a brief sailing storm today with only minor damage.

Losses dominated at the close, mostly a dallar a share or less. Prices were on the way up at shares the finish and 2,000,000 were traded.

Or 1,135 issues traded, 641 de- clined and 200 advanced, while 200 Issues reached new lows for the

-year.

Among the most active Images were Warner Brothers Pictures: Admiral Corporation, up 1 1⁄2 at 21, Emerson Radio.

Dow Jones Averages: 20 Indus- 10 Ralls 33,50; 10

trlats 1

Express

Juncou

American Waterworks Anaconda Copper Aviation Corp.

Baldwin Locomotive

Bendix Aviation

Bethlehem Steel Bocing Aircraft

J. I. Case Chrysler Commercial Solvents General Electric

Motors Goodyear Homestake Mining International Harvester

A

The Global Flest

S.S. "PRESIDENT CLEVELAND”.

will sail for

HONOLULU and SAN FRANCISCO

via Kobe and Yokohama..

on SUNDAY, July 16th, at 12 Noon.

Passengers are requested to board the vessel on Sunday, July 16, between 8.00 A.M. and 10.00 AM.

Hand baggage will be received in. Godown No. 50 of the Hongkong & Kowloon Wharf & Godown Co., Ltd., entrance through Gate No. 2, Canton Road, Kowloon, on Sunday, July 10, between 8.00 a.m. and 10.00 a.m.

St. George's Bldg.

Tel: 28172/5.

BEND LINE

SHIP "BENAVON"

"BENVRACKIE" "BENVENUE" "BENDORAN" "BENLAWERS" "BENATTOW"

BENALBANACH" "BENCRUACHAN"

*DENAVON" "DENVRACKIE" "DENLAWERS" "BENCRUACHAN”,

"BENDORAN”

"DENVENUE" "DENATTOW"

ARRIVALS

FROM

J.K. via Bingapore

SAILINGS

on or abt.

London, Antwerp,

`DUE

in Port 27th July

.29th July 9th Aug.

14th Aug.

27th Aug.

~29th ̈ ́Aup.

12th Sept.

Loading on or abt.

16th July

31st July

17th Aug

1716th Bopt.

13th Aug

Liverpool, Glasgow, Dublin,

Antwerp

31st July

31st Aug

Rotterdam,

& Heil;

Hamburg

Genoa, Lo Hayre & Liverpool,

Rotterdam.

Accepts Cargo for 'Japan.

) Omita Hull.

ติ

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

For Further Farticulars, Apply To—~

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

Telephone: 34105.

18%

21

8/2

30%

016

1014

45

37%

York Buliding.

-2815

384

035%

10

41%

77

48

3474

401/4

Tel

10

1585%

493%

2024

121⁄2

3

Pan American Airways

8%

LOADING ABOUT 10TH AUGUST

Radio Corp.

in RR

15

15%

11%

33%

35%

34

ADEN, PORT SAID, ANTWERF,

41%

HAMBURG, OSLO, GOTHENBURG &

H

July: $2.23 : September $2.2 4-$2.26 December $228;

Paper March $2.20 %; May $2.28 1.

Corn was lower to higher.

Tei & $1.55-1 July

Kennecott Copper Onts were to 1% higher. Montgomery Ward National Distillers

Lead New York Central Fackard Motors

July

804-81..

Soybeans were.1 to 7 1 higher

July $3/25 4-#326,-- Associated Press.

-Associated Prem NOTICE TO CONSIGNEES

NOTICE TO CONSIGNEES

Consignons per

1.1. "BENALDER”.

Studebaker

sh

Oil of Calif. Oll of N. J.

THE EAST ASIATIC CO., LTD.

M.S. "INDIA"

THE EAST ASIATIC CO., LTD.

Tol. 34111 & 34118

267%

youngstown Sheet & Tube 84

18%

*1434

Queen's Bldg., Zud floor.

Gen. Pub. Uilities

Real Silk Republic Steel Reynalds Tobacco Schonley 5.5. "ANDREW JACKSON" | are hereby notified that their Seat Roebuck

Having arrived Hong Kong Cargo is being discharged into Socony Vacuum consignees of cargo are hereby the Hong Kong & Kowloon Southern Pacific notified that all goods have Whart & Godown Co's godown Standard Brands been landed and placed at where it will be at consignees their risk and expense into the risk and subject to the Wharf's godowns of the Hongkong and terms and conditions of storage Kowloon Wharf and Godown and where delivery may be

oblained.

Damaged packages are to be-Reuter and Associated Press. left in the godowns" for e amination by Consignees and the Company's surveyörs, Mrs. Catinichagl Clarke at 10 am. on July 17, 198034.

When the market opened yes- To comply with the Gomoral today the price of Gold In- Bonded Warehouse Regulations, dustrial gold had already failer. constances must have a back to 10$103 a tack, as against verne Officer in attendance #316.50 the previous afternoon?"

session: was. when damaged Auttable goods The morning are balaminad

however, still hectic, and the raid weist:up to $300 shortly after the

Co., Ltd, where delivery may be obtained as soon as the goods are landed.

No claims will be admitted after the goods have left the canta godowns or failure to attend

the survey.

Dairy Farm (Rights) · #18 'at 311⁄21⁄2. Watson 180 BE $133, 200 mt 813, 100

Tak 825, 800 și 123, 9200 mi 122.

· Star Ferries +150 'at '$30. Mongkow 200 at 3.

Pacific Far East Line Inc.

DIREOT

Fast Regular Trans-Pacific Sorvica

'BAN 'FRANDISQU; LOB ANURLES

“WILLIAM LUCERNBACH" “JACOB'LUI

PERNAH ZOVERLAND NEW YORK-CHICAGO-DETROIT-TONOMI

· MOTRBAL AND ALL AMERICAN & CANADIAN CITIES.

Artive

·July

All broken, chafed and dam- aged goods are to be left in the godown where they will be examined in the presence of Messrs. Goddard and Douglas on July 10, 1950, at 10 a.m.

To comply with the General No claims will be admitted Bonded Warehouse Regula after the goods, have lo tions, consignees must have a stammer's BODOWER, Revenue Officer in attendance goods remaining" unde. when examining damaged duti: after July 19, able goods. All claims against subject to rent

the vessel must be presented

to the Undersigned within steamer, must fourteen days of the ship's the. Underalno arrivals or they will not be August 10, recognised.

not be

gaurance, will be

Money Market

opening, closing at $300 for the lunch intervale en enda ja

Re-opening In the afternoon Id. was down to $802,50 and managed will be to climb only one point by the

Umer the market closed, th DAUSA dollars were, howover, the steady to strong opening - af TIK60.00 und ölimbing to 80110 at These were the lowest

M

and

ISTHMIAN LINE

(Isthmian Steamship: Company, New York)

S.S. “AKTION"

LOADING 25th - JULY SAILING - 26th JULY

FOR

OS ANGELES & NEW YORK

GILMAN & CO., LTD.

July

July