1950-07-22 — Page 12

Pazo 17

R.I.L

ROYAL

INTEROGEAN 'LINES

℗ SINGAPORE, JAVA

PORTS and

"YAN HEUTSZ" *

ARRIVALS

In Port

28th July

10th Aug.

MACASSAR

"TASMAN"

"TJITJALENGKA”

"only to Singapore, Penang & Del. Deli

MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"TJIKAMPEK"

"AUYS"

"BOISSEVAIN"

JAPAN

"RUYS"

"TJIKAMPEK"

"B01BSEVAIN"

ARRIVALS

SAILINGS

29th July 31st July 15th Aug,

SAILINGS

4th Aug. 5th Aug.

13th Aug..

5th Bopt

ARRIVALS

SAILINGS

3rd Aug.

3rd Aug.

3rd Sept

15th Aug.

Agents: HOLLAND-EAST ASIA LINE

• EUROPE via MANILA

and MALAYA

"MARIEKERK"

"MELISKEAK"

issued

ARRIVALS

SAILINGS

8th Aug.

7th Aug.

Early Bopl

early Sept.

early Oct.

to

Mediterranean and Northern

"MEERKERK"

Through

B/L

European ports.

D

JAPAN

"MARIEKERK"

"MELISKERK"

7th Aug. early Sept. early Oct.

10th Aup

sarly Sept.

"MEERKERK"

BAKINGS BUILDINGŽITELEPHONES 28015YTOWERCISE

BUCHARES CEAGENTAR

FLORE

2011

ISTHMIAN LINE

(Ithmian Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA "AKTION" "STEEL RECORDER"

25th July ..21th Aug.

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

"STEEL ROVER”

"STEEL ADMIRAL"

ARRIVALS FROM U.S.A.

-STEEL ROVER“

“STEEL ADMIHAL”

.31st July 20th Aug.

Sails N. Y. Salls S.F. Duo ILK. Sailed Sailed 31st July Suited 29th July 19th Aug.

GILMAN & CO., LTD.

Tel: 31140

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

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROPE

m.v. "MINDORO"

m.v. "ANDAMAN"

.30th July .Early Sept.

SAILINGS TO EUROPE

m.v. "SUMATKA” m.v. "MINDORO"

.30th July End Aug.

FOR

ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG Deeptanks avaliable for Dulko!!

GILMAN & CO., LTD.

1

Tel. 31146

SWEDISH EAST ASIA CO.LTD.

"SUMATRA

LOADING 30TH JULY

SAILING 1ST AUGUST

For

ADEN, PORT SAID, ALEXANDIUA, GENOA,,. MARSEILLES, ANTWERP, ROTTERDAM, BREMAN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG,

GILMA

LTD.

THE CHINA MAIL, SATURDAY, JULY 22, 1900.

FINANCE AND

H.K. Stock Exchange

neglected,

After a quiet and uneventful week the market closed dull and Commencing from Monday, July 24, there will be 10 afternoon sessions until für- ther notice.

H.K. Govt. Loans

4 IAN M

aji Tan (1991 & 1940) Extin, volan.

14: Look (10in) Ex,lus, 20ra.

Banks

14.6. & 2. Dank 1,220,,, 1700s,

(Lo, Re Exbie, £tayin. Chartered Bank 49 38/180.. Merrostile Stank A. & 1), £220, Bank of East Aals 101

Insurances

Canton the 2n

Brain Ine, BSOD, GROAN. China Underwriters in.. HK. Fire ine. 155.

Shipping

Douglas 160N..

M.K. A M. Hirminkamia 11. Inin China Prof.) 16.7UN.

(Def.) 20.

6hell (Hearer) 6z/on.

Uelon Waterboate 18n. Asia Nav...an.

Decko, Wharves, Godowns, Eto. 1.K.K, Wharven 70.

North Point Wharver in.

Shanghai Honkew Wharves 5. 11.8. Docks 1.

China Previdents 1,20%.

Khanshu Pockýnets 2,50%, 315, Whystorka 18,

Mining

Ituk Murs 130H.

JK. MikesAllŷn.

Lands, Holols and Buildings

H. & S. Hotels 6.60%. .

K. Lunds in.

Shanghai, Lands 1850.

Humphreys ks,

HR, Reultira 1,800, 1.0080. Chinese Estates 12in.

Publle Utilities H.K, Tramways 10,10b. Penk Trams (Old) 15.

(New) Bn. Star Ferrie 6511.

C. Lights (OF", 0.80p. [New] 6.50%. 1.K. Electrics 20k. 21a, Marou Kivelrica 11.

(New) 1894. (Bunu Bh 10 fin. Hakun Licht in.

Telephantes 10m.

#bonghai G, 15km.

Industrials

Coll. Macs. (Orig 258. Cantui Teen alin. Cement 90. 11.K. Tube 120.

Stores, Etc. Dalry Farina 12n.

Rt.) 1.50. Walauna 315.

1. Crawfonds 20a. Binceres 251.

China Emporium $.60sa. Bun Co., Ltd. 1.70. Kwong Sung lung 76n. Wine On, HUKO 626. Wm, Powell, Lv), Sn,

Miscellanous

China · Entertainments 145. 1.K. Constructions (4) 2.40n.

(New) 1.304.

Vibro Pilinge 115.

Alaramu Investments 0/3. Maraton (E.K.) .75n. Shaurħud Louk 10n. Yanglazes 2.40.

Ewo 2.4.

Cottons

Rubber, etc, Companies Alma Putales 13% sa. Anglo-Datch 101.

Anglo-Jurus 450.

Batu Anania 121ah.

- Skuta - J'Imolažions-50bem

Chemor United „üch. Chen, Rubber), „Júli Consolidated Rubber 1996. Doralle Itibler J. Java Conseildateds „Dan. Kota Bahro 85. Kronwook Java 1. Langkat, 10B.

Padang Rubbers 200. Repah flubber .. Robber, Trusts - 2,200.

Büöiagaga Kubborn 7511. Semambu Rubbèra „304,

Shanghai Kedihs Éx.Dlv, 4.162.

high-fors 10m. Bkanram! Tihug..GDb. Shanghai Sumatena In. Sunset Düits 3857- Tanah Méraða „45b; „50x2, Tebong Rubber. „J24b. Zahrbe Rubberg · Bin. ze

BUSINESS DONE {* Ditert. «buaineet) IK., Bank 20,01 $1,200. Unitons The. *10 at 8310, 2 x2 1380. IK. Fire 18 në 2155.

OMMEROF

COST OF THE CRISIS TO AMERICAN

Washington, July 20,

Powerful Congressional majorities word forming rapidly today to give President Truman crisis appropriations and wartime controls. Tramon- dous tax increases will comfio fátor. The Administration's call to arms will raise this year's Government spending to about $57,-

• 400,000,000, and invite, a tax increase of $5,000,000,000, perhaps more:

in

ed he would ask for another by shortages fential consumer

tions.

know

NATION

New York Stock Exchange

The

The President told Congress and ridiculed hoarding house

New York, July 20, and a television radio audienes wives.

ahead as the He said: "Hoarding food Is Railroads roa yesterday he wanted in int mediate $10,000,000,000 einer-especially foolish. There is plenty war-nourished stock market roll-

of food in this country. We now ed through its third day. Now

10 gency appropriation for

Individual rails added one have more sugar available thani military

the spending

shnre in I had thought around three dollars ever before....It Korean crisis. Oficials estimat-that we are

threatened the group's best performance vince December 1948. $5,000,000,000 to. fuercase goods I should have recommended Other war babies tagged along

rubbers. control and rationing motors,

alrerafla, military aid to Atlantic Pact that

Gains ratig- allies and other foreign nabe immediately instituted. But chemicals and oils.

there is no sucli con/dent. Hel dollars.

cd upward to an extreme of Ave Federal Income in this fiscal i Mr. Truman was year is expected to be about told his audience:

The market value of all listed $37,300,000,000. That sets up at the cost of freedom is high. stocks increased roughly one bil- the potential deficit of more than but we are determined to preserve lion dollars. Ia, three days,

freedom--no matter what value bas jumped (on paper) $20,000,000,000 less whatever may our

three-day the cost. Our country stands be $3,600,000,000. be raised by higher taxes.

The House Booking and Cur-fore the world is an example, of rise has wiped out almost half

on con-dow free men can build

the heavy losses suffered in reucy Committee meets sumer and housing credit restric-munity of neighbours working to the decline immediately, after the the Korean tions--tough moves designed together for the good of all. That is U.S. Intervened In check price rises.

The goal wo seck, not only for war

Volume increased today to 3- Administration ofcials reported ourselves but for all people,

the Or

1,137 160,000 shares. the general manpower situation is United Press.

that labour controls may not

Issues traded, 820 advanced, 185 declined. More than 60 stocks reached new highs for the year. Most heavily traded stocks in- cluded Curtis Wright closing at 10 and Willys Overland at 8-%. each up 4.

Stock's Dow Jones averages: 124.37; 20 Industrials 207.73; 15 TT opened at HK$6.14% and Ralls 58.77; 10 Utilities 30.30. closed at 38.10.

Closing quotations: Adams Express Alaska Juneau American Con

such

be necessary.

Woid to constimers was thai car and household-appliance pro- citellon would be the first and hardest hit by the divertion of sieci and other materials to defence production. Radio and television manufacture would be cut back next.

Only beginning?

In his televlied brondens), Mr. Truman said the nation's security and the peace of the world are at stake in Korea. The United States was in the world fight for free- tom to stay-no matter what the

cost.

The alternative to this close to all-out defence effort appeared to Be a Soviet Union backdown and in Korea quick move for pener and around the world. None knew here whether the men in the Kremlin are planning that or something, else.

a com-

Money Market

US dollars opened yesterday at HK$6.10% and closed at $0.11% These were the lowest and highest rates of the day.

Industrial gold opened at HK$207,tacl, dropped to $295, and climbed, back to. $208.20 at the tin interval. In the after- noon it re-opened at $299,30 and closed at $300,50.

to

Sterling made a 15-cent climb

HK$15.05. Australian bounds changes at HK$12.

"

Telephone Tobacco

++ Waterworks Anaconda Copp

Copper. Aviation Corp. · ··· were un- Baldwin Lacomotive

Bendix Aviation Bethlehem Steel Boeing Bord Borden Cɔ***

Plastres, continued nominal at HK$12 a 100.

Tienls at HK$27.30 a 100, and NEI Guilders at HK$2 a 100, were unchanged.

NY COTTON

New York, July 20. Cotton closed 35 to $1,85 higher.)

It World War 11 or further lafated outbreaks are heing: plotted in Moscow, yesterday's call to arms is only the begin- ning in men, mancy, contrats October

and restrictions.

'December

None hore challenged the urgent March

***** | May

need for huge new defence an- Jüy

37.08-74.3 37.80-01, -37.85-58.

37.45.

33.81.

36.35.

Associated Press.

propriations. But there are Con Middling spot .....

Kressional doubts, misgivings and

Chrysler Colgate

Corn Products

Du Pont ... Eastman Koduk General Electric

Goodrich Goodycar

Motors

Homestake Mining

International Harvester

The Global Fidet

5.S. PRESIDENT MONROE

sails on August 5

vio Manila

Singapore

for Now York

Panang

Colombo

Cochin

Bombay

Karachi

Suor

Port Said

Alexandria

Naples

Marseille

Gonda and

Loghorn

PASSENGER ACCOMMODATIONS AVAILABLE,

Tel: 28172/5. St. George's Bldg.

KANA

BEN LINE

"DENVENUE"

10 AND

ÁRRIVALS

FROM

DUE

Azam July

on or abt. 28th July

14th Aug.

9th Aug.

27th Aug

2018 Aug.

12th 3001.

24th Sept.

Loading on or abt

29th July

17th-Ado

16th Sept.

Havro &

13th Aug.

30th July

81st Au

28th Sept.

SAILINGS

London, Antwerp, Rotterdam, Hamburg

4 Hull.

Genoa, Le

....... Liverpool,

"BENCLEUCH”..........

Liverpool, Glagow. Dublin, Antworp Rotterdam.

↑ Accepta Cargo for Japan,

) Omita Hull.

Via Singapore, Colombo, Port Budan, Aden, and Butz Canal.

For Further Particulars, Apply To............

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

Agents

"BENATTOW"

21.

2

.1816

CHIP

132

BENVRACKIE"

U.K. via Bingapore

65

"DENVENUE"

"BENDORAN”

32

"BINLAWERS"

8

"BENATTOW”

12%

"DENALBANACH"

47%

"BENGRUACHAN"

PUR

"BENCLEUCH”

Aircraft

DIM

48

Canadian Pucille

180%

Case

3814

87/

)"BENVRACKIE"

411⁄2

"BENLAWERS"

Commercial Solvent

17

"BENCRUACHAN"

0356

"BENDORAN”

41%

43%

84%

51/4

273%

Paper

$314

Tel & Tel

6974

524

2214

303

14%

Yerk Buliding.

-33%

11%%

1034

114

30%

41%%

21

203%

Oil of Calif.

00%

Oil of N.. J.

2014

294

Carbide

US Rubber.

Steel

3874

16

31

T

upon their backs NOTICE TO CONSIGNEES Kennecott Copper

almost despair: that controls and the enormous tax burdon about to be placed on the Amorleno, people will bear heavily for

усага to come. Chairman Robert Tait of the Senate Republican polley. com. told newsmen after Wed- mitter nesday's regular inenting that the controls requested by Mr. Truman seemed to go beyond what were necessary at the

monent.

..

Too much? He mald: "Wa are antious to give the President every power needed to accomplish this pres paredness programme. Ofthand st looks as if the potvers requested are somewhat more than letos sary."

con-

Johns Manville Montgomery Ward m.v. "LISHOLT"

National Distillers

Lend Having arrived Hong, KangNew York Central cerisignees of cargo are hereby Packard Motors notified that all goods have Pan, American Airways been landed and placed at their Pennsylvania R risk and expense into the db-Radly Corp. downs of the North Poln: Remington Rand

where Wharves Lit,

de- Repubile Steel livery may be obtained Reynolds Tobacco soon as the goods are landed. Schenley

Sears Roebuck shell Oll Sotony Vacuum Southern Pacific Standard Brands

No claims will be admitted after the goods have left, the godowns or fallure to attend the survey.

But Republican demands that

All broken, chafed and damn-Studebaker Mr Truman Hy volumusan aged goods are to be left in the Judabaker are expected merely to pull into godown where they will be Congressional oratory.

examined in the presente of President Truinan explained to Mesara.. Goddard and Dougla the people on the

Wednesday night

on July 22, 1930, at 10' a.m. believed all this and per- why he haps more was necessary. In simple language he told the story Bonded Warehouse Regula-Heavy demand for ralls push-

To comply with the General Youngstown Sheet & Tube

Gen. Pub. Utilities... 15% of the Soviet Union's refusal 10 make good

Shanghai Dock *1,000 'at #735. IK.. Hotel 200 at 10.60. China Light Now) *1,000 at $6,60, Teirphone (Rights) 1,099 at 15 cents. Emporiuma 1,000. At 18,49, Alma Existes 150/x1/81814. Tanah Murabs, 4,000 at 60,centa, 1.000) M AL- 50 cents, *2,900 Ķt 60 reais.

Renilles 1,000. Í 1.90.

NY RUBBER

New York, July 2012 Rubber closed US$1.35 to US$- 1.75 higher. July

September

December

March

40,00 bid

31.90 31.7600. 29.60 nominal

on its

od the bond market skend. oil ·d

and U.S. Treasury

curb

were

Alumhlun the by, Cessna

the unification of Pledge to a tions, consignees must have a

He told Revenue Oilber in attendance Broad front with gain reaching how Moscow last month sparked when examining damaged duti up to four poi the invasion of Spyther Kores able goods. All claims agains! where Americans had tried to set the vessel must be presented to forelan

dollar up a democratic government He the Undersigned within four-bonts all advariced.

Invasion raw aggres- teen days of the ship's arrival.

Higher on President's televised broad as they will not be recognised. Aircraft, Imperial was the simplest and best

No fire insurance will be etesociated Press. onsver:

Communlim's Julest and

big, lethat fected. the United States inspired "the Korean fighting and that the in- vasion camo from the South.

No threat of shortagis

WALLEM & CO., LTD. Agents, Telephone 38041-5.'

Mr Truman called on the July 17, 1950. Ribbed smoked shoelà 40 45 public for hard work and steady nominal Asociated Press

effort. He denounced proftecra

BAN BARCIE

"CHINA-DHÁU” "FLESTWOOD: 4

Pacific Far East Line, Inc.

Fast Regular Trans-Pacific Service

"OBORGS LUCHÁNHÁCH“ India, Sicilia

"FLYING BRAUON"

Ban Francisco

AUTRE OVERLANDŽI tõic-dinukas-DETKOFTYŐRÖRTO; « MOTIHAL AND ALL AMERICAN, & 'OANADIAN CITIES,

Kalter Frazer and Plyer · Aircraft,—As-

NEW ORLEANS COTTON

New Orleans, July 20,

Cottons closed $1.00 to $1.55 a

balo higher.

October

9710 - 60

December 37.80 -45.

March

Mdy July

8742 bid.

37:80 4:35. *** 36.76. Muddling spot 37.55. --Associated Press.

LONDON: STOCKS

Neruda wet London, July 20:5

President - Hurry... * -Truman's message to Congress Trifected now Ile into the London Stock Mar- ket but - later, Kargad, war now! khocked off the edge,

Japanese, honda climbed two or more points at a time. Germüh issue held a one-böiht. £dvänce. surbilledged oliston, Nela, gaiha

Arnding

Telophone; 34165.

THE EAST ASIATIC CO., LTD.

M.S. "INDIA"

LOADING ABOUT 20TH AUGUST

for

"ADEN, PORT SAID, GENOA, ANTWERP, BOTTERDAM,

HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd Boer.

but were largely ignored in wide dat

Tol. 34111 & 31112

ISTHMIAN LINE

(Isthmian Steamship Company, York

S.S. "AKTION

LOADING 25th JULY SAILING. 26th JULY

FOR

LOS ANGELES & NEW YORK via PANAMA CANAL

GILMAN & CO., LTD.

31140.