1950-07-28 — Page 12

China Mail 德臣西報 中國郵報 All

"THE -CHINA - MAIL, FRIDAY, JULY 20, 1950.

R.J. Le Re

ROYAL

INTEROCEAN

SINGAPORE, JAYA

PORTS and NOT

MACASSAR

"VAN HEUT9Z" *

"TAGMAN"

*(TJITJALENGKA”

ARRIVALS

In Port

in Port

1ith Aug.

only to Singapore, Penang

♣ Gol. Døll

MANILA, EAST &

SOUTH-AFRICA &

SOUTH AMERICA

"TJIKAMPEX" "AUYS" "BOISSEVAIN”

JAPAN

"RUYB"

*TJIKAMPEK"

"DOISEVAIN"

ARRIVALS

12th Aug.

ARRIVALS

3rd Aug.

3rd Aug.

3rd Sept

INES

SAILINGS

29th July

31 July

16th Aug

SAILINGS

4th Aug.

5th Aug.

Gih Sept

SAILINGS

16th Aug.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MARIEKERK”

"MELISKERK"

ARRIVALS

SAILINGS

9th Aug.

"MEERKERK"

7th Aug. early Sept.

early Sept. early Oct.

Through BK/L

inued

to

Mediterranean and Northern

European porta

JAPAN

"MARIEKERK"

"MELISKERK"

"MEERKERK"

8th Aug. early Sept, Early Oct.

10th Aug early Sept.

EEKING SY BUILDINGSTEFEPHONESBO2801ŽTOB280174

ISTHMIAN LINE

(I-thmian Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"AKTION"

STEEL RECORDER"

FINANCE

Hong Kong Stock Exchange

There is no change to report on the Stock Exchange and the market remains 'neglected.* ́

HK Govt, Loans

Lang pbb.

34% Tomu (1984 & 2015) 25160, #1245 Lout (1948) BOHA.

Banka

AX & Bhauchal Bank Ex.Div. 1,1505-

on Rex F«M«, £74.

Chartered Bank £8 13/10n. Merenatilo Dank A. & H. 222lin Jatik of East Ania 10),

Insurances

Canton Ins, 2550.

Union Ins. azob..

China Underwriters 24.

HK Pro Tus, 150m.

Shipping

Douken 150m.

NK & Maent Steamboata lin. Indo Chinus (Pref.) 10.70s.

(Det.) Son,

Shell Dearer) 48/91.

Union Waterboats 18n. Aula Nar. n,

Docks, Wharves, Godowns, Etc. HK & Kowloon Wharves 6ốn.

North Point Wharved En

Hanghal Honakew Wharves Glán. II Dock 1,

Chile Providenta 9.000,

Bhanghai Dockyards 2001. Wheelocks la

Mining

Hand Mines 4.70n.

NK Mines 913án,

Lands, Hotels and Bulidinga IK & Shanchal Tutélà 0.00

IK Lands 34.

Shanthal Lands 95, I.

Humphrys B.

HK Res 3.900.

Cinese Extates 12in.

Public Utilities

IIK Tramway 10, 118, 10:30.

Frak Trams (Old) Tẩm,

(New) br.

Star Ferries 68.

China Lights (07) 9.50%.

(New) 4.000,

J1K Electrics 1938, Macso Electrics 115,

(New) 10%.

(Bonus Bh) 10n.. Sandakan Lighten, Telephones 10.

(RIA.) 18.

Industriala Cald, Hack. 107.) 226. Canton Teen

Shanghal Gra

Cements Dr.

Stores, Etc.

.30th July

K Ropes 13.

.24th Aug.

Bairy Farma 31

1

Watsona 2016, 214, 21an.

L. Crawfurds 200. Hinerres 2,306.

5th Aug.

Sun Co. L. 1.10.

20th Aug.

SAILINGS TO SAIGON, BANGKOK & DJAKARTA (BATAVIA).

STEEL ROVEŇ“

"STEEL ADĦURAL"

ARRIVALS FROM U.S.A.

'STEEL ROVER"

'STEEL ADMIRAL"

Sails N. Y. Sails S.F. Due H.R

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

GILMAN & CO., LTD.

Tel: 31146

Chinese Freight Agents IN FAT & CO., LTD.

--Tela: 28823, 25663 & 23483.

SWEDISH EAST ASIA

CO.,LTD.

ARRIVALS FROM EUROFE

2nd Aug.

m.v. "MINDORO"

I.v. "ANDAMAN"

Early Sept.

SAILINGS TO EUROPE

m.v. "SUMATRA” m.v. "MINDORO"

2nd Aug.

.........23rd Aug.

FOR

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

་་ COPENHAGEN, OSLO & GOTHENBURG

'Doeptanka avállablë för Bulkeil

IPONTS TAMEN IN DATENTIE BOODAN

GILMAN & CO., LTD.

Tel. 31148**

SWEDISH EAST ASIA CO.LTD.

m.v. "SUMATRA "

LOADING 31st. JULY SAILING 2nd AUGUST

For

ADEN, PORT SAID, ALEXANDRIĄ, GENOA, MARSEILLES," ANTWERP, ROTTERDAM, DREMAN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG.

GILMAN & CO. LTD.

Clion Emporium 6.

Rene Bens Ilona Thu

Wing On (1K) Ex.Elle, 401 W. Puwall, L. 8.

Miscellaneous

China Entertalzineśli I4S

JK Constructions (Old) 2.401.

(New) 1.40.

Viben Plin. 11.

Karinan Investments 0/-n.

Mare (HK) 3.

Bhanghal Ioan 70. Shanghai Explor. Dan. Yangtze 2.

Cottons

Evo 2406, 2.40mm

Rubber, etc. Companies

Al Estaten 1816, Anglo-Dutch pun. Anglo-Javas....dika. Batu Anom 1940. nute station ob Chemor United .. Cheng Kulbera 15b. Consolidated Rubbers 1.600. Dominion Rubbers In Java-Consolidatede ko. Kota Bahro .98b. Kruework Javna 125a. Langkat 30b.

Padang Rubbers.105..

Ilopah Rubbers

20.

Rubber Trusta

b, 2.3.

Samngays Rubbers in.

Berambu Rubbers .30). Bhanghal Kedals 1.000. Bhanghai-Malaya 181.) Shangha! Palang 50. Alangbal matras in Bua Mancels 100. Bungel Durim 17. Tanah Moritz 468. 50. Tebung Rubbers 125b, Jönk.

Zlangbe Rubbers „50%,"

BUSINESS DONE

(Diroet alma)

Shanghai Land 2.000 át £1.

AND

COMMERCE

STEEL POOL

POOL PLAN DEBATE IN PARIS

Paris, July 26:

The French Foreign Ministor, Robert Schuman, today staked the success of his European pool plan on the surrender of sovereignty to a Federal steel-cool authority.

Replying to criticism from Socialist Paul Ramadier,

in a debate on the pool in the National As sembly, Mr. Schuman declared: "Regarding the transfer of national powers to a supra- national authority, you have to choose.

"Those who do not agree to this transfer must be opponents | of our proposed system. Those who accept it should agree t having lis

studied

posed the

bly

diers that they were

now

CARTEL CASE IN GERMANY

Two

It was the Brat case of

New York Stock Exchange

New York, July 20. The stock market seemed bg- wildered today by a combination of Presidential recommendations, Frankfurt, July 26.

war communiquer, official and German Industrial unodicial statements on the state and discussed,ention

groups were convicted by of the nation, and

outright M. Schuman, who first pro- U.S. High Commission court rumours. A inte selling flurry

merger of Western here todas for

ains. negotiating reduced earlier Bains Europe's steel and coal produe legal cartel agreements with A wide variety of shares clos- tion Insi May 9, warned Assem- French and Italian firms.

Wed

than Tuesday but In higher

Well under the day's Itsome enses, kind in US. courts in Germany. best prices. Steel, rails, chemical and radio-television Issues made The two groups, the German and Association of the Abrasive In- the best showing. Auto stocks dustry (ESI) and the Union of tried to get ahead but were only German Abrasive Manufacturers

partly successful. Prices curved (VDS), were sentenced to

downward at the

the start but quick- 50,000 marks (US$11,900) sach

cactly found a bottom. for violating the Allied de-car-

at Business moved swiftly with cllisation

2,400,000 shares turning The da

defendants pleaded guilty, over. Buying was linked in some with a fresh batch 'of The two corporations, FSI 'asc' } quis ined VDS, and three of their offers

rumours 'that' A Haas Bratters, Paul Nordpan, wou be made.

Fritz

Ürikamani. were charged on two counts: first, fx- Ing prices for abrasives to re- proposals ner his mid-year eco- straln domestle utvl export nomic message appeared to have trade; second, jolning ព Cartel any strong bearing on the mar- for the national.economy.

orgah, dangerous agreement with French bruslyes ket's trend,

manufacturers and negotiating"r Dow Jones averages: Stocks 74.13; 20 Industriais 204.39; 15 similar cartel with Italian Mfacturers-Associated Press. | Ralls B111; 10 Utiles 37,40.

only an incomplete draft, since technical expurtr from six nations are still work ing out details. He suggested they awall its completion before reaching definite conciusions.

Earller, M. Hamadler votced the attitude of French Socialists when he asserted that France must not enter such a pool un less Britain which has a bour Government-does, too.

UK participation

essential M. Ramadier attacked Schuman's proposed high 31- thority as an undemueralle and Irresponsible

and

Ai

"Evrops Cannot be unified) without

England," sald Ramadier, adding that he hoped somo accord ban be made whereby the British will

clated with closely

tho projected morger of baslo in dustries.

"Without this, it would better for Mr. Schuman's grand thought to be shelved until it could be more effective," M. Raniadler declared.

Dictatorial

menu-

About

about

Russian pence move had been or

the Neither

President's

Closing quotations:

American Can

Money Marketląska Juneau

Smelting Telephone Tobacco Waterworks

tax

3214

The Alghe! Fiest

S.S. “GENERAL GORDON”

1

will sail for

HONOLULU and SAN FRANCISCO.

via Okinawa and Yokobama

on SUNDAY, July 30th at 8:00 P.M.

Passengers are requested to board the vessel on Sunday, July 30, between 2.00 P.M. and 4.00 P.M.

Hoavy Baggage will be received in Godown No. 60 of 1 the Hongkong & Kowloon Whart & Godown Co., Ltd., en- trance through Gate No. 2, Canton Road, Kowloon, on Friday, July 28, from 9.00 A.M. to noon and from 2.90 P.M. 29 5,09 P.M.

St. Georgo's Bldg.

Tel: 28172/5.

BEN LINE

"BENLAWERB”

#4

DUR

20th

4th Aug. 9th Aug- 14th ADG..

27th Ave

2010 AUD

W

12th Sept.

to

19th Dept.

24th Beak

Loading on or abt.

30th July

1715 Aug

ARRIVAL

AHIR

214

I BENYBACKIE"

181

1.Ş. yia

gupora

+

"BENVENUE"

on er abt.

55.

"BENDORAN”

14914

re

03

“BENATTOW"

MEENALBANACH"

{"BENVANNOCH"

1864

"DENCLEUCH”

484

4996

BENVRACKIE”.

DENLAWERS"

"BENCRUACHAN”

10%

"BENDORAN"

of $0.40 closing at Corn Products

Du Pont Industrial gold also joined in Enstinan Kodek

03

"BENVANNOCH"

{

71%

Co-

the spurt, opening at HK$314 a Electric Light & Power tdel, and reaching $320 at the General Motors luncheon interval. In the after- Goodrich noon it re-opened at $325.50 but Goodyear later cased off some

4012

"BENVENUE""

45%

"BENATTOW"

79%

"BENCLEUCH"

There was a wild scramble for US dollius yesterday as the be price made one of the most spectacular spurts since the end of the war.

Ausconde Copper at HK$0.24% Buciua: Aviation Corp Opening Hons were moderate in the morn Baldwin Locomotive ing, reaching only $0.2012 Bendix Aviation The Socialist ex-Premier bit after the market opened for the the luncheon interval, Immediately

Bethlehem Steel terly assorted that the High Au- afternoon session, however,

Aircraft wield dictatorial wild scramble sent the price up thority would

C2, powers over the nation's steel to $8.37-an 11-polat Jump, wid and coal resources beyond any the market closed at $6.38.

J. 1. Case, contral from the Parliament.

opened at HK$631, Chrysler Commenting on M. Ramadier's touched $6.12% at the luncheon Colgute referchce to Britain, M. Schuman interval, and re-opened in the Commercial Solvent sold the British have a standing afternoon invitation to Jam in drafting the 50.42. pool statute, pool

He hoped for Britain's

when details have been operation wher worked out.

The Minister also reassured worried Assemblymen that they

T

$324.50.

Jin Poelfie

what, Homestake Mining

27%

Poper

41%

Tel. & Tel.

10%

will not be confronted with an touching $323, and closing at International Harvester accomplished

fnct in the poo! negotiations.

The Assembly would be given ample opportunity Juter to pro- nounce on ie proposal-Asso- clated Press.

NY COTTON

New York, July 20. Broad buying swept cotton futures into new biglis for the season today with heavy trading volume. At times prices were up more than five dollars a bale. with pronounced strength de- played by distant 1941 deliveries Futures closed two to $5.70 higher.

October

December

Murch

May July

October December

HK Tram 300 at $10.20, 200 at 10.25, September HX Electric 100 at 119.6o.

Dairy Farm (Right) 1.200 at #12

400 at $14.

-3

Watson 300 at 121.

Two 1,500 at 32.40.

Govt. $76% Loan (88(8) 20.000 16. Emporiuma 100 wt 1814, SANA Anglo-Jaras 18,200' at 18' cents. Truata *500 at 32.30, 500 AT$2.80. Thorh Merahe 2000 at 60 cents. Tobenga" *1,000 at 18′ conti Shanghat Gat "4,000 at $1. Shahaha! Eapio $1,000 à 30, cente,

CHICAGO GRAINS

Chicago, July 20. Grains fallod to hold early

33.70-75.

38.65-70.

38:70-73.

38.50---35.

38.14 nominal. 35.35-4607

35.24 nominal -Associated Press.

سنس نشست

NY SUGAR

New York, July. 26. Domestic sugar futures number Fix closed five to eight lower.

5:05. November January

5.02.

5.-17. nominal March

339 nominal World sugar futures number four closed 11 lower to 24 laher Schtember

5.64-06. Raw sugar 6.13, nominal.

Associated Press.

高度

Sterling was also on the ascent. Opening at $13.05-five cent Johns Manville above the previous day's close, Kesingcott Copper it closed at $18.70.

Montgomery Ward Australian pounds were, un- National Distillers changed at HK$11.90;

Lead Plastres-continued -- nominal at New York Central HK$12 a 100.

Packard Motors

Ticuls were unchanged FLS27.50 100, as also were at NEI Guilders at HK3.50 0 100.

Havre,

16th Sept.

18th Aug

23rd Sept.

"BENCRUACHAN“

SAILINGS

London, Antwerp,

Rotterdam, Hamburg

A Hull.

Genoa, La

Liverpool," & Müll.

Dublin,Antwerp

† Accepts Cargo for 'Japan.

) Omita Hull.

Via Singepore, Colombo, Port Sudan, Aden, and Bugs Canak

For Further Particulars, Apply To

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

Agents

York Building.

30%

33%

Pennsylvania RI Pan Amerlenn Airways

10

1614

13

111%

37

344

Radio Carp Real Blik' Remington Rand дет

Republic Steel Reynolds Tobacco Schenley

POPULATION OF PHILIPPINES

Manila, July 20. The population of the Philip- pines has increased by 250,000 since 1849 when the tota! figure was 19,497,700, according to figu- reg released by the Bureau of Standard Brandis Census and Statistics.

Roebuck Shell ONL Socony Vacuum Southern Pacifc

5.

Oil of Calif.

On of N. J.

The birth rato in the Philip- pines was 21.11 per 1,000 people Studebaker in 1940, which for exceeded the Union Bag death rate of 9.28 per 1,000. The

Carbide drop in the death rate since 1948 US Rubber was attributed by the bureau to the establishment of more hospi tals and improvements in sanitary conditions.

Steel

» Lines

Westinghouse

The Census Bureau also dis- your own sheet & Tube. closed a decrease in the marriage

11% e. Pub. Utilities fate with the number of marri Up in the Curu Were Hiper ages dropping in 1948 to 190,500 Airaraft, Todd Shipyards, Bab compared to 115,697 in 1948, I cock and

Wilcox

Clllos Service, was believed that back pay and Electric Bond and Share. Im war damage compensation were perial Oll and Kaiser and

and Frazer responsible for more marriages Losers included Aluminium Cam In 1948-United Press.

American Dentam car "A", |

Tea buying to revert

to private business

London, July 26.

Polo Petroleum, Birchild En-

gine, Waltham. Watch and Stan- dard Pawer Sales of 310,000 shares compared with $20,000 of Tuesday-Associated "Fress.

LONDON STOCKS

London, July 26. Korcą war news and a desirp to wait and see svhat new defence polides the Government would reveal in Parliament restricted It was part of the schome that trading enthusiasm on the Lon- Government stocks of lent hould don Stock Exchange today. Small the auctions. be made availablo and sold at irregular price movemmits were

.

golas on the Board of Trade to The Government has decided in principle to hand day, Wheat, cern and oate limp ed toward the close. The market

tea buying back to private enterprize. had taken a good deal of belling

The Food Minister." Mr in teas manufactured before 1951 In stride. all day but when the Maurice Wobb, told the House or not. domand plucked, late in the ses of Commons today that the slun, prices retreated. Even say Government had decided in beans and lard backed down al principle that the London Tea though beans hold to fair sized Market should re-open in guins.

Webb said that: all retarded but mony Lales were litt

unchanged. Government Issues April, 1991, and that the trago sections of the trade had are showed mixed gains and loads Several Items nepred new sea- were free to take any necefi mised full co-operation and as of sonal lighs before the supp, ./

sary preliminary, stops to that, this had contributed to the up to 1/6 Wheat closed to 1-5% lowerRationing. price control and|

, stop to that

·end.5.

success of the prosent, system obacco shures were unshaken by a reported Government da- ho believed that the new schome cision to reduce dalla pending $2.01 14-2

subality arrangements must con- would be satisfactory for American Tour Tin and Yub- 3- Unue for a tufio: the Minister The prerem decision might be prices hardened witle at tịc $7.30-30 34.

adød.

have to be reviewed in the light project that the "U.3, might ex- Asket when Government huy of any internationalTM Corn was to 1-1 lowering of ton would end; he replied mold onal develop end a stockpillig. The Tanelal Timos Index was f{1:2)» Associat- September, #1.58%-61.63%83% Matthur Leste moment, battre Mr. Webb did not answer when ed Press (4

April, 1981, when we requireito a Laptur member, Jaire: Bidiy ba

Silvermari, aukud, e

Washington, July, 201

September

Documber

March'

MOY

Stember 17794-36

Date were 1⁄4"td. /POWERLOKEROSAKANGEN FOR situr soton not aware of the rapid ́ried'). Tha Buranu: óf › Mingá "bald to

"Buybawis “ were higher. November “suelated "Kr

that over at exporting in tes, sharea curing the login deyatha miniproduction) cal ten

La countries and open consul24 hours and is that part of the pedalnog kesan durli

Hai could hot day shoots for co-operation of the trade" on alas aguK IBU auctions" Wdvld be Weide to deal which he relief-Reuters Soulated

Liverpool,

Glasgow,

7th Aug.

3tit Aug.

Rotterdam,

26th Septe

Telephone: 3416).

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., "And Beer.

TU KAUL & MOULA

ISTHMIAN LINE

(atlundon Steamship Company, Now. Werks

S.S. “AKTION”

LOADING 29th JULY SAILING 30th JULY

LOS ANGELES & NEW YORK Yig PANAMA CANAL GILMAN & CO., LTD,

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