THE CHINA. MAIL, THURSDAY, JULY 20, 1980,
R. I. Le
ROYAL
INTEROCEAN LINES
℗ SINGAPORE, JAVA
PORTS and
MACASSAR
"VAN HEUT&Z” •
**TASMAN"
"TJITJALENGKA"
*only to Shgapore, Penang
MANILA, EAST &
SOUTH AFRICA &
SOUTH AMERICA
"TJIKAMPEK"
"RUYS"
"DOISBEVAIN”
JAPAN
"RUYS"
"TJIKAMPEK”
ARRIVALS
21st July 20th July
10th Aug..
& Del. Dell
ARRIVALS
SAILINGS
29th July
31 July
15th Aug.
SAILINGS
4th Aug.
5th Sept
SAILINGS
5th Aug.
12th Aug.
ARRIVALS
3rd Aug.
3rd Aug.
3rd Sept
15th Aug.
"BOISSEVAIN"
Agents: HOLLAND-EAST ASIA LINE
EUROPE vio MANILA
and MALAYA
ARRIVALS
SAILINGS
"MARIEKERK"
*MCLISKERK”
"MEERKERK"
early Aug. early Sept.
-8th Aug. carly Sept.
early Oct.
Through B6/1 lealed
to
Mediterranean and Northern
European porta.
→ JAPAN
"MARIEKERK"
"MELISKERK”
"MEERKERK"
7th Aug. early Sept. early Oct.
carly Aug. early Sept.
BAKINGS BUILDING TATETET HONEST 2801,3ATOVUR 134a E
ZOULD
THE MCKLA
ISTHMIAN LINE
(J-thmlan 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 ROVER"
.31st July
“STEEL ADMIRAL”
20th Aug.
ARRIVALS FROM U.S.A.
"STEEL ROVER”
Salls N. X. Sails S.F. Sailed Sailed Salled 20th July
Duo II.K 31st July 10th Aug.
*STEEL ADMIRAL"
GILMAN & CO., LTD.
Tel: 31140
Chinese Freight Agents:- HIN FAT & CO., LTD. Tels: 28823, 25553 & 23483.
SWEDISH EAST ASIA CO.,LTD.
ARRIVALS FROM EUROPE
m.v. "MINDORO“
30th July
MY. “ANDAMAN”
Early Sept.
SAILINGS TO EUROPE
my, "SUMATRA”
m.v. "MINDORO"
,30th July .End Aug.
A
FOR
ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG Deeptanks available for Buļkell
GILMAN & CO., LTD.
Tol. 31146
SWEDISH EAST ASIA
CO.LTD.
SUMATRA'
LOADING 30TH JULY SAILING
Tar
1ST AUGUST
ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, HREÐJAN, HANIBURG, COPENHAGE OSLO & GOTHENBURG.
GILMAN
CO. LTD.
FINANCE
AND
COMMERCE
WASHINGTON STAND New York
TAX QUESTION
ON
Hong Kong Stock Exchange
Quiet conditions prevalled on the Stock Exchange at yester-: day's short session but Traras, Unions and Dairy Farm Nights bad scattered support. The undertone is steady,
H.K. Govt. Loans
44. Lean 98b. 39
Loan (1051 & 1940) Cului. 1on.
1.K. & S. Bank 1,299.
Washington, July 18. -
The Sonate Democratic leador, Scott Lucos, said today that President Truman would not re- command higher taxes in his message to Congress on Wednesday.
The President may point out, however, that war
costs could call for higher toxes later.
Senator Lucas said it was
a safe prediction that no tax legislation would be enacted this year.
Senator Lutens
revealed the
Money Market
Stock Exchange
New York, July 18. Stock prices surged ahead for the largest overall gain in more then two years.
were
It was the market's must powerful recovery since prices flammered down following American Intervention in the Korean war
throo weeka ngo. hsues were up
one to more that thre: dollars a she
shore.
A
If a tax increase were asked US dollars opened yesterday major factor, according to
to Wall inter, corporation Income taxes at HK$0.10 and closed at 88.00 Street sources, was the striking could be made. retroactive to They were the highest and lowest improvement of
of U.S. war, news, apply to 1950 income. Corporn-rates of the day,
Another factor in the riser was tions do not begin paying until TT opened át HK$8.16 and the belief that President Harry next March,
closed ut 88.14.
Truman in his speech on Wed- Industrial gold opened at nesday may not ask Congress $296.50 at the Kunch Interval. HK$200 . ຕ tncl and dropped to for an immediate, increase
I corporation taxes. opetted in the afternoon at $206,25 Rails, steals and motors were and closed ut $295.
the most popular stocks among Sterling HK$15.57.
was unchanged at but there were few groups which Jacked their share of plus signs. Australian pounds dropped to Closing prices were at or just The demuntis came as Presi-HK$12 after opening ut 312:05.
under the best levels of the day dent Truman put into final shape HK$12 a 100.
Plastres continued nominal at In most cases. the long message he will send to Congress on Wednesday reporting Ticals at HK$27.30 a 100, and on the Korean war and recom-NEI Gullders at HK$2 a 100, were mending legislation for partial unchanged, mobilisation of the home front.
5 Loan (1990) ExJnt, 9012*, 96. Admunistration's stond on taxes
Banks
to reporters after some demands were heard in Congress for higher levies, all-out economle controls and action against war profileers,
ilo. Reg.) £70. Chorored Bank AB 18,10n. Mercantile Dunk A. & D. £28. Bank of East Avla 101.
Insurances
Canton Box, okr.
Union Ins. Stüb, 1300, China Underwriters 3n. HK, Fire Ins. 100.
Shipping
Donttinen 160n.
IK. & M. Steamboats lim. Indo Chiass (Prof.) 16,385.
(Dela) 36m.
Shell
dearery 50/41n. Union Waterbosta n.
Auin Nav. 46n.
Docks, Wharves, Godowns, Etc. HKK. Wharton 720.
Barth Point Wharva n.
Shaghal Hongkew Wharves Shan,
K. Docka 13.
China Provblents P.20
Shanthal Dockyard: 2,864, 2.Cula. Wheelocks Zub, 214r.
Mining
Roub Murs 4,500.
LK, Mine Din,
Lands, Hotels and Buildings
11. & R. Hotels 7.
I.K. Land 350,
Shanghai Lank P5. Humphrey BA,
1.K. eatles 1.00h, 2,106. Chinese Estate 1244.
Publio Utilition HI.K. Tramway 1017.40x Irak Tratus (M) 15.
(New) Bn.
Biar Forries Him.
C. Lights (0%) 1.50%.
(New) 6.901. H.K, Electrics 21%. dewoo Eletron 11
(New) 10% E (Bos Sh) 10. Sandakan Lights 8 n. Telephones 10.
(RSA) 259, Shamehel fins 11.
Industrial Cald, Mack, 10ml 22lin. Canton Jees 37, Comments Bn. H.K. Ha 130.
Storas, Etc.
Dairy Farms n
.) 1b, Watsons 2014
1. Crawfords 20n. Stores.
China Emporium Da.
Sun Co., Ltd, 1.30. An to Hens Tấn, Wlog On (HK) (2.
Wu, Jowell, Lid, n.
"MiscalianeDUR China Entertainments 14. H.K, Constructions (Old) 2.400.
(New) 1981.
Vibro Filles 11. Marsipan Investments 9/n Marwen (LK.) 76. Shanghat brown 0. Yangtse 2.40.
Cottons
Evo 24, 2.40.
Rubber, etc. Companies
Almu Fatates 14. Anglo-Dutch on.
NOTICE TO CONSIGNEES
CONSIGNEES PER
BARBER LINE
m.s. "TUNGUS"
Other Senators called for an excess profits tax and return to the hated controls on prices, wages, materials, manpower and production.
Anger rising
OIL AGREEMENT
#MERICASE
The Global #lov
TO HONOLULU & SAN FRANCISCO
"General Gordon”
'President Wilson" "President Cleveland"
via JAPAN
................AIT. July 30 .......... Arr. Aug. 3 1990. Arr. Aug. 30
Sails July 31 Bails Aug. 4 Salle Aug. 32
TO SAN FRANCISCO & LOS ANGELES
"President Pierce" "President McKinley'
via JAPAN
Arr. July 28 Sails July 29 .................. Arr. Aug. 20 Salls Aug. EX TO NEW YORK, BALTIMORE & BOSTON viɑ PACIFIC COAST & PANAMA
"Williamette Victory" ... Are. July 22 "Dartmouth Victory" ...................... Arr. July 20
ROUND THE WORLD
Sails July 23 Salla July 20
VIA 'MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, "KARACHI, SUEZ, PORT SAID, ÄLEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON
In
"President Monroe" "President Buchanan"
4 Arr. Aug. Arr. Aug. 13.
Salls Aug. *
Salls Aug. 15
TO JAVA & STRAITS
Arr. July 25
Safls July 26
Arr. Aug. 18
Salls Aug. 19
Tel. 28172/5.
Transfers, were something of a
disappointment at 1,620,000 shares.
Gainers included General Mo- tors, Chrysler, Studebaker, U.S. Steel. Bethlehorn and Young- slown Sheet.
Dow Jones averages: Indus-
London, July 18. The sterng area will even- ally save between $30 and 340 trials 201.00: 15 Rails 50.36; 10 million a year on oil expenditure Utilities 38.20. under an agreement announced
quotations: Closing today between the British Gov- Adams Express Fornment and the American Caltex Alaska Juneau
oll group,
American Smeltlag
Benator. Wilis Robertson
Culler will reduce the dollar (Democrat) urged Congress to cost of its o refined at Babruin.
'raise' personal and business in-
In return, this oll will be treat- come taxes 10 per cent effective ed as sterilog Instead of dollar Anaconda Copper January 1 to Anence
the off.
Aviation Corp. Korean war, but did not agree
By the agreement, of refined Baldwin Locomotive with Benator Bienla
demand at Bahrein and sold by Caltex Bendix Aviation
Yor blanket economic curbs. (United Kingdom) Limited to Bethlehem Steel
In both Senate and House there countries drawing on the sterling Boeing Aircraft was a rising tide of anger against revent price Increases in many essential items.
aren dollar pool will be treated Borden Co.
Thore were insistent demands Government go after
that the war profiteers.
in all respects as sterling off. Canadian Pacifie
It will be freed from the British J. 1, Casc Government's policy of substitut- Chrysler trg sterling oil for dollar oll in Colgate Britain and other sterling coun- Commercial Solvent
rles-Reuter.
Corn Products Dupont
CHICAGO GRAINS
Eastman Kodak
General Electric Motors
"Mount Davis" "President Fillmore" St. George's Bldg.
BENLINE
OHIP
FARM YAT ARRIVALS
FROM
#J.K. via Bingapore
on or abt.
DUR 26th July 29th July 9th Aug. 14th Aug.
27th Aug.
29th Aug.
12th Sept
24th Sept.
12
Loading on or abt.
80th July
17th Aug
16th Bapt
Genoa, Lo
Havre &
Liverpool
13th Aug.
Glasgow,
B1st July
Dublin, Antwerp 4
31st Au
28th Sept.
19
2
M
Telephone +1 Tobricco
524 100%
034
Waterworks
0%
30%
612
10%
38%
"BENVRACKIE"
2014
"DENVENUE"
40/2
"BENDORAN"
18
"BINLAWERS"
37%
"BENATTOW"
€44
"BENALBANACH"
38
"BENCRUACHAN”
104
"BENCLEUCH”
684
SAILINGS
41
0144
"BENVRACKIE"
8014
"BENLAWERS"
4912
"BENCRUACHAN”
34%2
27
2014
"BENDORAN”
4234
10%
344
"BENVENUE"
"BENATTOw!!
50%
52
"BENCLEUCH” ·
21
30%
123%
-312
B
10
14
1814
་
Reynolds Schenley
Republic Popacco
Sicel
..254.
-York Bullding.
34
34%
401
48
The Senate Banking Committee will begin investigation on Thurs day of what members talled out- rageous price increas in meat,
Chicago, July 18. sugar, clothing, coffee, bread and | Soybeans dropped to the daily 10. steel,
cont limit. Wheat steadied other Goodrich It also will go to work on gain futures and advanced
Goodyear whatever economic
legislation persistent mill buying against Homestake Mining President Truman recommends. sales of flour. Feed grains failed International Harvester
Paper -United Press.
to do much Wheat closed 3/8 to 1 cent higher.
July
17.
Anglo-Javan. Hatu Attung ibn. Jute Plantatima cob. Chemor Unlled 55, Cheng Rubber Consolidated Rubbers Flyb, Domain Itubbers in. Jeva-Conzotlinienda Cbs. Koln Dabroe Hub. Breework Jaram Jón. Lángkols Beh.
Padang Rabbers .196. Bepak- Rukborn. „16h. Rubber Trusle 2.200. Hammagnan Rubbera 1820,
Bemambu -Rubbers 306. Bhangbai Kelalu (Ex.Div. 4b. Shanghai-ings 16:7% Shanghat Tahang .com. Shanghai Bomatres 1. Sua Bangla 10. Bengel Duris 174. Tanah Meralie 40b. Tebong Rubbers 37%. Zlanzle Rubbers ton.
BUSINESS DONE Union Ins, 10 mt #580. Shanghai'Dock 960 at $3.50.
R.K. Tram 2,000 at 81034, 009 at 310.40.
XK, Elettrio 102 ut 2015. Dairy Farm (Rielita) 8,760° at $1,700
at $2, at $2 Ewo (50 ml $2.40. Clot, irown (1918) $10,000 mi 27.
September
December
March
May
Corn way
on
$2.24 1/2 3/4.1 $2.26 7/8 27. $2.30 30 1/8. 52.31 31 1/8. 52.27 7/8 - 28. 1/0 higher to 1/2)
lower. July $1.54 54 1/8.
,,
Tel & Tel Jolins Manville Kennecott Copper Montgomery Ward National Distillers
Load New York Central Packard Motors
R
Pan American Airways Oats were 1/4 to 1/2 lower. Pennsylvania July 77 3/4 - 1/2.
COTD.. Soybeans were
Radie 8 to 10 cents Real Silk lower. July $3.35 1/4-Associated Remington Rand
Press.
LONDON STOCKS
London, July 18. Sears Roebuck
Stocks were steady on
smail Shell Oil
On of Calif.
trading. Only small price Socany Vacuum 'changes were recorded Govern- Southern Pacifie inent issues showed mixed gulus Standard Brands and losses of up' to each way. Uncertainty In Wall Street
H Oll of N. J. caused American stocks to show Studebaker amall losses. Mining stocks Union Bag were Arm. Japanese 1907 bonds rose 1-14.
Carbide
US Rubber
21
Steel
Spot
"
Tin prices rose slightly after Monday's sharp decline,
Lines in was up 23:17: 6 per long ton Westinghouse to 2001;10.
The Financial Times index was 11.0-Associated Press.
OIL DECISION PLEASES U.S.
·
Washington, July 18. The State Department spokus- on at the prompt action. taken man today expressed gratifien- by Britain, because of the Korean war, in requisitioning all stocks of oil in the Far East.
194
12
201
7112
284%
41%
··3815
1654
27
Youngstown Sheet & Tubo Gen. Pub. Utilities
* 2491 Higher on the curb were Aluminium Company, Cities Ber- vice, Waltham Watch, Mosabl Iron, Electric Bond' and Share, Cuban Atlantic Sugar-Associat ed Press.
NY COTTON
NOTICE TO CONSIGNEES are hereby notified that their m.v. "LISHOLT" cargo is being discharged into
Having arrived Hong Kong the Hong Kong & Kowloon Whort & Godown Co's godown consignees of cargo are hereby where it will be at consignees notified that all goods have risk and subject to the Wharf,! been landed and placed at their terms and conditions of storage, risk and 'expense into the go- The Foreign Ofice announce lower in nervous dealings. Futures and where delivery may be downs of the North Pointment in London also said that closed $5.50 to $7:40 a kale lower.
exports of oil to China by British dc-
companies had ceased Reuter.
obtained.
Wharves Ltd, where livery may be obtained as soon as the goods are landed.
*No claims will be admitted After the goods have luft the godowns or fallure to attend
Damaged packages are to be left in the "godowns for 'ex-| amination by Consignees and the Company's surveyors. Messrs. Goddard & Douglas at 10 am. on July 24, 1950. the survey..
To comply with the General All broken, chafed and dam. Bonded Warehouse Regila- aged goods are to be left in the tiora, - consignees must have a godown where they will be Revenue Officer t attendance examined in the presence of when damaged dutiablo "goodia Messrs. Goddard and Douglas are examined.
on July 22, 1950, at 10 am. No claims will be admitted after the goods have left the Bonded Warehouse Regula
To comply with the General steamer's godowns, and all tions, consignees must have a goods remaining undelivered Revenue Officer in attendance batter July 26, 1090 will be when examining damaged full-
subject to rent.
able goods.. All claitha ugainst
#gainet
the
All claima steamer must be presented to the Underdoned on or before August 1, 1990 or they will not be recognised."
will be failed,
No Fire Inauuk affected,
DODWEI
JAP AGENCIES
Tokyo, July 19. More Japanese Overtens agen cles will likely be established in five countries, stated the Parlia- montary Vice-Ministor, “Mr. Ryulan Kusaba, yesterday at the Committee. Upper House Foreign Affairs
New York, July 18. Cotton futures moved sharply
October
Murch
December
May July
October
December
$7.00-37.00
30.05 - 12.
30.37.
30.10. 32.00 - 83.15.
82.17.
Middling Spot. 38.80 nominal.
Associated Prezz
NY SUGAR
Mr. Kusaba mid. regotiations. are belog continued with the
New York, July 18. competent authorities on the es als closed unchanged to one lower. Domealle sugar futures number tablishment of there offices in France, Sweden, Pakistan, Brazil November 5.50 bid,
September and India-Reuter.
March
NOTICE TO CONSIGNEES
M/V "AUTOMEDON"
0.60.
5.28.
Domestic sugar futures number ive clorod quiet. No paléo,
4.80
World Bugar futures number four closet two lower to five high. September.. January March
4.03. 4.01.
the vessel must be presented to Damaged cargo ox this vex- the Undersigned within four-sal will be surveyed at Holt's Assoolated Press. teen days of the ship's arrival, Wharf between 10 am and they will not be recognised. noch on July 20 and 21, 1980, and couaigneas are requested No are lowurance will be at- ta have their representatives
present during Alle survey
BUTTERFIELD
Washington, July 18. The U.S. Government moved to- any instabilisering cofion prices by announcing that 4820 900 bales of the commjoalty catere under price support programs
London. Antwerp, -Rotterdam, Hamburg. ia Hull
[Liverpool,
Rotterdam,
† Accepts Cargo for Japan.
) Omlu Huli.
Via Singapore, Colombo, Port Sudan, Aden, and Suez Canal.
For Further Particulars, Apply To
W. R. LOXLEY & CO. (CHINA) LTD.
Agents
- Telephones- 34165, ----
THE EAST ASIATIC CO., LTD.
M.S. "INDIA"
LOADING ABOUT 20TH AUGUST
for
ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM,
HAMBURG, OSLO, GOTHENBURG & COPENHAGEN
THE EAST ASIATIC CO., LTD.
Queen's Bldg., 2nd flour,'
Tel. 34111 à 34112
ISTHMIAN LINE
(Isthmian Sicaniship Company, New York);
S.S. "AKTION"
LOADING 25th (JULY
SAILING 26th | JULY
Fon
LOS ANGELES & NEW YORK
Via PANAMA CANAL GILMAN & CO., LTD.
“HIN FATUR
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