1950-07-27 — Page 12

Mute là

R. I. L.

ROYAL

INTER OCEAN LINES

SINGAPORE, JAYA

PORTS and MACASSAR

"VAN HEUTOZ” •

ARRIVALS

28th July

11th Aug.

* only to Singapore, Penang

& Bel, Dell

"TABMAN"

"TJITJALENGKA"

• MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"TJIKAMPEK"

"RUYB"

"DO188EVAIN"

JAPAN

"RUY8"

"TJIKAMPEK",

SAILINGS

29th July 31st July 18th Aug

ARRIVALS ·.

SAILINGS

4th Aug.

5th Aug.

6th Gopt

SAILINGS

12th Aug.

ARRIVALS

3rd Aug.

3rd Aug,

3rd Sept

18th Aug.

"BOIBBEVAIN"

Agents: HOLLAND-EAST ASIA LINE

EUROPE vio MANILA

and MALAYA

ARRIVALS

SAILINGS

"MARIEKERK"

8th Aug.

"MELI&KERK"

"MEERKEAK"

7th Aug. carly Sept.

Carly Bept. Early Oct.

Through Bo/L. Issued

to

Mediterranean and Northern

European porta.

JAPAN

"MARIEKERK"

7th Aug: early Bopt. early Oct.

10th Aug.

ourly Bapt.

"MELIBKERK"

"MEERKERK"

E KINGSBUILDING TELEPHONENTSPAUSATO Simi

'Zeren'

ISTHMIAN LINE

(Fthmian Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"AKTION"

*STEEL RECORDER"

20th July .24th Aug.

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA)

"STEEL ROVER"

"STEEL ADMIRAL"

ARRIVALS FROM U.S.A.

'STEEL ROVER”

STEEL ADMIRAL”

GILMAN

5th Aug. .20th Autt.

Sails N. Y. Salls S.F. Duo H.R

Sailed Salled

4th Aug. 29th July 19th Aug..

Salled

CO., LTD.

Tel: 31140

Chinese Freight Agents: IIIN FAT & CO., LTD.

Tela: 28823, 26553 & 23483.

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROFÉ

2nd Aug.

m.v. "MINDORO”

1.v. "ANDAMAN

Early Sept

BAÍLINGS TO EUROPE

m.v. "SUMATRA”

.31st July

m.v. "MINDORO"

23rd Aug.

FOB

ADEN, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP HOTTERDAM, BREMEN, HAMBURG,

A COPENHAGEN, OSLO & GOTHENBURG

Deeptanks available for Bull

GILMAN & CO., LTD.

SWEDISH EAST ASIA Colin

SUMATRA

LOADING 31st, JULY SAILING 2nd AUGUST

ADEN, PORT, SAID, ALEXANDRIA, GENOA,

MARS

BOTTERDAM, BREMAN, OSTO & GOTHENBURG.

CO. LTD.

"THE CHINA MAIL, THURSDAY, JULY 27, 1980.

FINANCE AND COMMERCE

Hồng Kông Stock Exchange

Trading was almost at a stand-|

BRITAIN'S PLAN FOR EXPANSION OF HER INDUSTRIES

London, July 25.

still on the Stock Exchange Britain expects to spend £2,200,000,000 on capital

yesterday and very few transas- tions were recorded, but the undertone is fairly steady.

Hk's Loans

102 dalma limb.

1996 Swans (1031 & 1989) 90% 3% van (1945) #Ben.

Banks

HK & Shanghal Bank J.19kka.

(Lon, Reg. Ex.Div. £IAN. Chartered Bank A. Meresutile Bank A, ▲ D, C22lán. flank of Enet Asin 1011,

Insurances

Canton Ina. 285%.

Wulon Ink, Glób, brown, China Underwriters in. JK Fire Ina, 1537.

Shipping.

Dongles 1GON.

JK & Macao Bleembouts 12n. Indo Chinas (Pref. 10.30.

**

(Bet.) 36.

Bell (beareri 65/10.

Union Waterbunta 198. Axin Nov. 4311.

Docks, Wharves, Godowns, Etc.

K&Kowloon Wharves Rio, Blan

North Point Wherries 9x.

Shanghai Honakew Wharves #tan.

IfX Books 12m.

Chinn Providente 2.200. Shanghai toekyards b. Wheelocka 215

Mining

Raub Hinen 4,705.

HK Mines Dijn.

Lands. Hotels and Buildings

KK & Shahgħal Hotels 6.600,

IK na 345.

Shanghat Land 956.

Humphreys Bn.

JK esitles 1.000. Chinees Estates 1240.

Public Utilities HK Truwozu 106. Peak Trams (Old) 15.

(New) Ra

++

Sine Furries Gán. China Eights (09) 7,300,

(New) 6.00. MK Electeka 103, 70.com. Macao Electrics 11lin. (New) 10% R. (Benas Bh.) toim. Bandakan Lladre skin. Telephones 10

+

(in.) B. Bhanchal Gas 1.

Industriale Cuki, Mars, (0x3.) VỤN. Canon Te 30. Cenirati Dn.

HK Ropes Bn.

Stores, Etc. Daley Farina 19.

(R) 2n. Waliona 124.

1. Crawfords 2n-

Bincorr.

China Emporium 3.40n.

Bun Co., Ild, 170m

Kwong Bang Mung 7in.

Wing On (IK) Ex.bly, 405,

Wm, Powell, Lu, X.

MiscellaneoUS

Chinn Entertainmonte 142.

K Construction (04) 2.40.

[Now) 1300.

Vibro Plings 3150m.

Aurgman Investments 0/-n- Minion (Jk) Tần Bhanghal Loan 10. Tattacca 4D.

Eires 3.30b..

Cottenk

Rubber, etc. Companies Alma Fatales 2234n.

Anglo-Dutch .80m.

Batu Anam,12%.

Jule Plantations bob. Chemor United .451. Chend Rubbers .156. Corisolfunted Hubbare $550. Dominion Rubbers' in. 'Javé-Consolksteds 85n, Kota Bahrow .53b,

Krohwork Jaros .16n. Langkats 06.

Pidän Hubbers 100, Benah Rubberu „258. Rabber Trila T.ZÓN, Barraca Hußbóra Tin. Bemambu Robbiké ',100. Shankhét Kedažu · 4,50%. Bhanghai-Mainya. Ib. Shanghai Pahatg“ „tök, Bha Arbat Humairas 20. Buo Mangula $105, ** Büngel- Degla · 27% [ - Tanah Meraha 20%. Tebeng -Hubigers 1783B. Zlangba Rubbers 3ơn,

15 BUSINESS DONE

HK Bank 11 i 4}{790, D45-46,790, Union Tas, 19,

What to 100 1

$430.

Chiny, Light (New), 109. At $8,39, nx Electée 800 'ak #39.00. Govt. 14% Lawn (fral), $3,660 ks 18

investment in har industrias on now buildings. plants, ships, oil refinerigi, power stations and now machinory for the engineering in- dustry.

The Government's Economic Information Unit dis- closed this today in a summary of progress made so far and plans for the future. Doliny shiving was a recurring]

theme of the report.

New Delhi, ufy 12. Food Ministry spokerman Bald that dérangements 'hava bean completed, för, India to purchbre '50,000" tons. Of zular, bờm Cuba. The sugar is expected to arrive withiri, the next six weeks, India. ́is-facing u sugur "nhbri rociated Press.

NOTICE TO CONSIGNERS

M/V: "AJAX"

A sum of £400,000,000, or 20

South Africa

per cent of the total, was being affected by

avoted to the tndaüfacturing in- dustry, including iron and steel, Englacering goods provided near- ly half of all visible exports from! Britain, the survey ald.

Only about a quarter of the country's total investment was in housing and the social services, compared with more than a third before the war.

Oil refineries

Five large dollar-ubving oll re Aneries, started during the lust two years. have made siderable progress, the said, and work on two more is to start later this year,

report

In 1947, 2,500,000 tons of oli were refined in Britain the|

for 1933 In

20,000,000.

new lustry deve

since the

wür

Was

the

rpanufacturing of clocks and wht-

Jap textiles

Pretoria. July 24.

New York Stock Exchange

New York, July 25. A rally hi the. stock market stopped dead following news today of President Truman's proposed tax increases on both individuals and corporations, Only half of the stocks were able to close decisively higher. Elɛowhere gains were cut down into small even converted

the breng lobacs. Improvement carriers ranged to about two dollars a share. Lossen outnum bered gains by a wide margin, a few running to three dollars or rall On the ህ. have

average, the touched a new high since group 1948.

South Africa may abon act to restrlet Imports of champ Japanese textiles--pravidualy welcomed Into the Union they helped curb the raing cost of living.

But some of South Africa's now textile factorisa been hit sa hard by these Im ports that most of their out- put haben going into stock. -Assbalated Press,

FOREIGN FIRMS IN SINGAPORE

year

to

Motors and chignilcats and building materials gave way stendy pressure. Steel showed a minar weak strain. Only three of the 15 most notive stocks were marked down.

Sales stepped up to 2,770,000

shares.

Aircraft issues gave little re- sponse to the President's request for a huge increase in plane purchases. Boeing moved up one end vot-hair, but fractions were: chipped from Douglas and Lock-

Singapore, July 23. dies. Before the war the watch: There is an increase in the making industry was almost non-number of foreign companies

heed. operating in Singapore today, existent.

The nominal capitol of all Motors and chemicals were Among other dollar-saving in-

under dustries, of which large-scale ex- cumpables registered since Jan consistently

pressure. this

amounted to Losers included General Motors, pansion was planned, the report uary

Studebaker, Allied Chrysler, wald, were frou and steel and tin. nearly $50,000,000 (£5,800,000).

$60,000,000 Chemicals, Dow Was more than

Chemical, Du plate manufacture; motor body It sheet manufacture; the manu (0.411.000) in 1949, compared Pont, and American Cyanamide. Dow Jones averages: Indus- facture of office machinery, patti with nearly $8,000,000 (£011,000)

trials 203.83; Rails 01.13; Utilities cularly typowellers and account in 1943.

European companies registered 37.74, Stocks 74:14. ing niachines, etc-Reuter.

during the first half of this year!

Closing market quotations: had a combined nominal capital Adams Express of more than $17,500,000 (£2 Alaska Juneau 059,000), while Chinese companies American Can for the gaine period totailed nearly $31,500,000 (£3,704,000).

During

the last two years! foreign companies increased from 200 to 206.

Money Market

US dollars claimed six polbis yesterday, opening at HK38.18% and closing at $6.24%. It was almost a one-way movement throughout the day.

TT opened at HK$6.23 and closed at $0.28.

Industrial gold also took a big. spurt, opening at HK$307 a thel, ard touching $310 Just after close it was luncheon. At the $31.

The Global View

TO HONOLULU & SAN FRANCISCO

vin JAPAŃ -

"Čichoral Görden”.

"Presiticnt Cleveland"

Afr. July 30 Arr. Aug. 2 Arr. Aug. 30

President Wilsons'

TO SAN FRANCISCO & LOS

"President Pierce" "President McKinley"

Safts July 1

Salle Abg, ·31- ANGELES

vio JAPAN

Art. July 30 Air, Aug. 18

Balls Aug. 10

Salls July, 20

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

"Dartmouth Victory" "Mount Davis".

Arr. July 20

Kails Xály 20

..Arr. Aug. 26

Salls Aug, 27

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN. DOMBAY, KABACIO, SUEZ, PORT BAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON Arr. Aug. 4 Sails Aug. ត "President Monse"

Arr. Aug. 13 "President Buchanan"

TO JAVA & STRAITS

"Mount Davis" "President Fillmate" St. George's Bldg.

Salls Aug. 15-

In Port

Safle July 28

Arr. Aug, 29.

Balls Aug. 30:

Tá. 28172/5.

BEN LINE

"BENVRACKIE”. "BENLAWERS"

"BENCRUACHAN”

7

SAILINGS

London, Antwerp,

Rötlerdam,

a Huil

SHIP BENVRACKIE” "BENVENUE"

ARRIVALS FROM „U,K, «vla (Singapore

DUR

28th July

on or abt.

4th Aug.

DIN AUG-

"BENDORAN"

#

14th Aug.

"DENLAWERB"

19

27th Aug

*BENATTOW"

Esth Aug

+"BENALBANACI

BENCRUACHAN" "BENVANNOCH" "BENCLEUCH

12th Sept

19th Sept.

24th Sept.

20%

214

Leading on or art.

.184

30th July

+

"

Smelting Telephone Tobacco. Waterworks

65

1491

Hamburg

17th Aug

16th Sept.

03

32

0% 7012

Ganos, La

Науго 4

“DENDORAN”

1818 AU

Liverpool,

144

484

“BENVINUE"

Liverpool, Glasgow,

7th Aug.

DENATTOW"

Dubiln・・ Antwerp

Bist Aud

30%

3234

"BENCLEUCH"

Rotterdam,

28th Sept

49%%

16%

) Omite Hull.

CARO, J Chrysler Commercial Solvent Corn Products

Eastman Kodak

33

83%

41

10%

6376

404

45.

11;

5316

oil, and Brities which were te- Infornatonul Harvester sold to Britain at twice the hor

Paper mal prices. "The "Chronicle" said the Board

D

+

Tel

Joins Manville,

Local companies increased from 650 to 683, in the corresponding period. Of 20 banks in Singapore, even are local und 13 foreign. Router.

UK BUYING OF

Anaconda Copper Aviation Corp Baldwin Locomotive Bendix Aviation Bethlehem Steel Aircraft Biting Borden Co. Canadian Pheifle J. 1.

Sterling opened at HK$15.80 CHINA PRODUCTS Colante

and closed at $15.65,.

Australian pounds

HK$11.95.

dropped

Finstres continued nominal at JIK$12 à 100,

London, July 25 Tive cents ufler opening at The "News Chronicle today Du.

sold Britain was helping the Electric Light and Power Chinese Communists get arms by bulk, buying: Chinese products General Motors

Goodrich brough Geethoslovaidin.

Goodyear Homestake Minijk

Ticats opened at HK$27 u 100, and closed at $27.50.

The paper sald Czechoslovaki NEI Guilders opened at UKS-os telling China arms for tung 2.10 a 100, and closed at $2.55.

ABACA PROBLEM

..

15%

"Airways.

·014

of Trade recently quietly signed Kennecott Copper a. Lis$3,200,000 agreement with Montgomery Ward Manila, July 24, Ezechoslovakin for Chinese pro- National Distillers

Read The paper sald the bristles President Elpidio Quirino said ducts..

Central at a Press conference today that chime cross Russia on the Trans New York the Philippine Government is not, Siberian Railway, to Czechoslova- Packard Motore. planning to protest to the United Kia, and then through, Trieste, to Pah American States against its proposal, to de- Brital aboard ships of a dreck Pennsylvania RR velop abaca production in Con-line working for the Board of Radio Corp tral America, but will seek a Trade-United Press. special appropriation for a simi lar project Hare.

The President pointed out that

it is well known that abaca grown in the Philippines, is supe- rior in quality to that produced clowhere.

The United States Confess Is

Steel

Tobacco

NY SUGAR

Sears Itocbuck Shell Oll

New York, July, 24. Domestic sugar futures numbe.

Sccany Vacuum Southern Pacide Standard Brands,

“

on of Calif.

(5.67 bla.

of N. J.

5.52 bid.

May

DAS BID, 5.37. nominat Worldsuar futures number

Studebaker! Unlon Ber

Carbide US

constuurlog 4 bill tp dppropriate six closed two to 12 higher, sales

to develop abaca 230 contracts. $35,000,000 plantations in Central America, September

Janukry The Philippities, in a note last monin said this Wash gutter or March Beffous Concern here, and that. alich a project would be detri mental to aback interests in the four closed 20 to 30 higher, sales

307 contrasto, Philippines.

A ucbate on the Central Ameri-September can project fa to take place in January Congress this week. The Houro March Elutca Commitico has acted May favourably upch- Freas

3.33.

0.14 'nominat

dihlod Press.

It-United Rew sugar, bhot 0.15 nominal,

INDO-BURMESE

TRADE TALKS

Bombay

HUNT FOR SUB OFF CANADA

Ottawa, July-242

Gall

Tubber

Sheet & Tube 90% Pub. Utilities

Down in the Curb were Liet trie Bord and Share, Cities Ser- Vico" and "American: Metal Prp- dicti Gainers included - United Machinery Universal Consolidat-- ed Oll, Catolih-Associated Press.

CONTRETEMPS

New York, July 241 Muir Willam O'Dwyer, today terused, to valcome the 62 vintiha

A five-man Burmese trade Rear-Admiral: Shaina defegation to Indin arrived therd Chief of the Atlantic Command; | Japanéza amefals in their capacity today by air from Rangoon in nasios, opa-ship Royal Canadian

articlegate to the Mon

akenly

World Anembly bellevod that they

a four, frigates: and the the elly, the delegation, will mer Air Forco's anti-submarine agunk representatives; of textile milin iron ware hunting for AN- Ube and commercial interests to en-idealned submarine, reported, in Damagett cargo ex this Ve courage regular export and im Canadian coastal waters-Reut paddle

two ter sef will be surveyed at Helle port trade: (between the

countries--Router... Wharf between 10 a.m. tină”

TROTA : July..:85, 1800, Junod: Plu "consignees JKUNA JE KOGELWAted to: Ad have their representatives: pres, buta sent during the muverena

Bledi Corti

·26

wiro to subport, the Wheri

tomi to thêm

and cott

† Accepts Cargo for Japan,

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

For Further Particulars, Apply To- .

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

York Building.

Agents

Telephone: 341K.

THE EAST ASIATIC CO., LTD.

M.S. "INDIA"

LOADING ABOUT 20TH AUGUST

for:

ADEN, PORT SAID, GENOA, ANTWERP, BOTTI

HAMBUNG, OSLO, GOTHENBURG & COPENHAGEN

THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd Deks.

Fot

ISTHMIAN LINE

(Isthmian Steamship Company, New York).

S.S. "AKTION"

LOADING 28th JULY SAILING 29th JULY

LOS ANGELES O NEW YORK

BILMAN & CO., LTD.