1950-08-31 — Page 12

R. F. L.

ROYAL "INTEROCEAN LINES

SINGAPORE, JAYARAM kasyni am a Mart 120d E

PORTS and Ag

MACASSAR

TABMAN

"VAN HEUTAZ” •

"TJITJALENGKA”

ARRIVALS

'4th Sept.

In Port 10th Sept

*only to S'pore, Penang & Bet Doll.

MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"BO166EVAIN"

"BTRAAT MALAKKA" -

"STRAAT BOENDA'

"TJIBADAK" *

· ARRIVALS

14th Sept.

17 Sept.

not calling Manila and South America

JAPAN

"BO188EVAIN"

"STRAAT MALAKKA"

"TJIBADAK"

"BTRAAT BOENDA"

SAILINGS

8th Dept. 10th Sept. 24th Sept.

SAILINGS

7th Sept. 20th Bapt.

9th Oct,

10th Oct.

ARRIVALS SAILINGS

8th Bopl

18th Sept

9th Dot,

18th Sept. z2nd Sopt.

BLh Oct.

Agents: HOLLAND--EAST ASIA LINE

⚫ EUROPE via MANILA

and MALAYA

"MELISKEAK”

"MEERKERK”

"AYNKERK”

Through

BR/L

ARRIVALS

SAILINGS

9th Sept. early .Oct.

10th Sept. early Oct. Darly Nove

to

found Maditerrangan and Northera European ports.

© JAPAN

"MELIŠKERK”

"MEERKERK"

"RYNKERK"

Pth Sept. early Oct.

early Nov.

13th Bapt. early Oct.

BEEKING'S BUILDINGESTELEPHONESTO280FETOF2801736 3

DSMALGATE ROADS KAUNEU

ISTHMIAN LINE

(1-thmian Steamship Company New York)

'DIRECT MONTHLY SAILINGS TO NEW YORK VIA LOS ANGELES AND PANAMA

“STEEL DIRECTOR"

17th Sept.

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

"STEKI, AGE"

"STEEL SEAFARER”

.22nd Sept. .21st Oct.

ARRIVALS FROM U.S.A.

Salis N. Y. Salls S.F. Duc II.K

Sailed 31st Aug. 21st Sept. "STEEL SEAFARER" ...12th Sept. 29th Sept. 20th Oct.

"STEEL AGE"

GILMAN & CO., LTD.

Tol: 31146

Chinese Freight Agents:- HIN FAT & CO., LTD. Tola: 28823, 25553 & 23483.

SWEDISH EAST ASIA CO.,LTD.

ABRIVALS FROM KUROPE

m.v. "TONGIAI"

.Early Oct.

SAILINGS TO EUROPE

m.v. "BENGAL" m.v. "TONGHAI"

.End Sept. ..Ead Oct.

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA,

ANTWERP, 'BOTTERDAM, BREMEN; HAMBURG,

COPENHAGEN, OSLO & GOTHENBURG

+

رود

Deeptanks avaliable for Balkeil

LTD.

GILMAN & CO.,

Tel. 01148

THE CHINA MAIL,

FINANCE AND

1999

COMMERCE

BRITISH REARMAMENT New York PROGRAMME ANALYSED

Leipzig Fair

opens with

Red appeal

'London, August 30.

|| The United Kingdom's three-your rearmement pro- gramme, costing a total of £3,400,000,000, is based on two main facts. First there are Kadoquata" reservos of trained manpower -- thoro are about 4,000,000 men with war ex- poriance "and" another 1,000,000 young, mon have been given compulsory military train- ing since the war. Secondly the British have not got adequate supplies of up-to-date military equipment.

Leipzig, August 27. The centuries oll Leipzig Fair opened today

with ani

outright appeal to West. Ger-- man businessmen to protect)

their investments by doing Having decided that the need is for more equip business with the East.

ment, the United Kingdom Government then had to decide how much of British production could be devoted to rearmament. This called for a decision on the state of international re- lations.

Gerhard Eisler, Soviet zone propaganda chler, sprinkled the fair with official notices to incl visitors which contended at the Allies are drailing West German raw material for.

war preparation.

The

hasis i

Stock Exchange

New York, August 20. There was not enough strength on the buying side to carry/the stock market through for decisive gains. Advances ranging from a 'dollar to 82 a share out back at the close until they covered spreapt of a few cents to a dollar.

mostly

frac- Losses, 100, were Honal. Tending quickened as prices rose contracted on declines-usually regarded as a

vmptom

om "of strength. Trans- were 1,400,000 hores.

folk were

AMERICAN PRESIDENT LINES

St. George's Plidg.

30173

TO HONOLULU & SAN FRANCISCO

Bent.

In

0

via JAPAN

Pree. Cleveland.....

Port

Balle

Gordon

Arr. Bapt.

Bulle

Sept.

AUD 31

Arr Sept. 19 Balls Sept. 20

vid JAPAN

Pros. Wilson

—TO SAN FRANCISCO & LOS ANGELES

Prem Tatt

Prot. Madison

Arr. Sept. 12 Snila. Sept. 13 Bopt. 18 ...Arm Sept. 17 Salis

TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

A

th

Fillmore ... Pres. Pros. Tylor

Among the gainera were Willyr Woollen merlein

Corporation, Sinclair Ol

and Sain Fc.

Dow

Jones averages: Stocks 78.23; 29 Industriais £18.29; 13 Ralls 8042; 10 Uulitics 31:03.

Closing Adams Expross Alaska Juneau American Can

stock mustatust -

215%

21%

D7

"

•

"

Smelting Telephone

Tobacco Waterworks

60%

1031

04

D

3476

32

304 -494

17

BriUsh Government'e mitment but the American Do "Sem your business to Leipzig answer was at their polley was tional Income at current rates of and help to bull, an economy based on the need to attain fullest exchange is eight times ha great chat a based on peace," the 1lite-vessible degree of military pre-as that of United Kingdoin rature said.

paredness, 'thört öf moving over to It is not yet pomjble to men- On top of the 700-year-old war economy. This meant there sure at all precisely the probable

the rearfoment pro of watchtower of the ancien: Saxon would be no ruvival of sweeping impact

wartime Kings, the Fair was announced on Jabour, requisitioning factorles, economy.

of directing geamme on the United Kingdom powers

The shock of a painted sign as "The Pence Fair. Throughout the bustling and imposing a minimum stal switch over to defence produc Anaconda Copper city, the Communist peace cam-dard of living on the of ton will be shared by clylitary Aviation Corp. paign was emblazoned in paint further rationing.

consumption goods in the shop Baldwin Locomotive. Once und In Hghts. Doves of perce

these poiley decisions Investment in new equipment and were drawn оп avery sreet were taken, the experts of the building, and to some extent by Bendix Avbition Betlilchem Stee! Treasury and Central Economie exports: To a limited extent rising Boring | corner,-Associated Press.

Aircraft Planning Staff were asked to productivity will qualien

the Borden estimate how much more military effect by malting larger supplies Canadian Focine equipment could be produced in of goods available from the same

Case the next three years,

number of workers. These Chrysler The grand total of £3,100,000, will take some time to show 400 proposed menns an increase themselves because it will be Colgate of 45 per cent on the level of impossible to mobilise the full Commercial Solvent British defence expenditure be effort immediately. But the effcels Com Products fore the outbreak of war in when they do emerge may be Du Pont Korea. But because most of the serp aver special sectors of the Eastman Kodak increase wil he spent on new home front. For example that General Kobe Motors production rather on will obviously have to be a tiiper- creasing the manpower of the son of steel on a large scale Goodrich Forees it means that production defence purposes, and clearly a Goodyear. of milltary equipment from large section bf the radio and Homestake Mining British fuctories will roughly be televisión industry will be ch-International Harvester doubled. Not all this extra pro kaget! on producing radar und Government Auction will go to the British signals cquipment Forces.

experts will be making detailed calculations of such effects during the next few weeks:

WOOL PRICES GO SKY HIGH

Sydney, August 28, Australian wool traders' rub bed their eyes in amazement today when prices racketed as much a 40 to 50 per cent at the new season's opening sales 12,000 bakes changed

here.

About hands for "A£1,000,000, Buyers representing wool-hungry Britain and Continental countries bid freely from the start of the day's auctions.

Brokers suld wool, sold for 1734. In the last scries, would have made well over 220d today. The best New South Wales wools are generally marketed in No- vember and December

The British memorandum, sen to Washington last weeke proposed that some items of equipmen'|| should be passed on to the Forces North Atlantic Tranty of other countries free of charge.

This proposal is made on th assumption that part of the com of the British rearmament. prö One selling agent claimed that gramme will be thet from fundu Russian orders stimulated com-voted by Congrese for strength petition; but a representative of aning European detencer. arm which buys for Russia on The British Government han commission basis denied this: stated frankly that the scale of The United States did not rearmament production propose

rould not be undertaken without operate.

The Joint organisation's stock-American assistance. plie had dwindled to less than 500,000 bales, and current pro- duction was 20 per cent below world requirements.

Agents sald that if today's prices are maintained, the wool cheque for the 1950-51 season will be about A£400 million (£320 million) compared to A£286 million last year. Reuter

CHICAGO GRAINS

A

Quick need.

There are two ingin reasons which explain need for dollár bit In the fireplace, 4 thờ

witch-over to certain types of defence production is to be made quickly some American machinery and raw materials will be neede

pediately. They will Invalet sharp increase in dollar expen- diture at a time when the Unlied Kingdom and sterling area balance

* of payments has just been brought

H

Paper Tel & Tel Johns Manville"... Kennecott Copper Ward Montgomery National Distillers

Leid.

New York Central

NY COTTON."

New York, August 29, Packard Motors Cotton futures closed near to Pan (American Airways

ind new seasonal highs "under - ucnce of news from Washington that no price controlados 20 Abers seemed likely.

ely. Closed $2.00 to $4.35 a bale higher.

October

30.00. 89,08-30,00. December March

30.18.

39:16-20. 38.95:

3030.

May July

October *December Middling Spot 30:35 Associated Press,

+38.05.

NY SUGAR

1

New York, Atigust '29. Domestic sugar futures nuniber six closed one lower to three higher!

November 5.32 bld.

3.65

bid.

Oct. 7 6 Spitz 21 Ball Dot.

22

Art, Oct. Art, Ool. ROUND THE WORLD

VIA MANILA, BINGAPORE, COLOMBO, COCHIN. BOMBAY, KARACHI, BUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARBEILLES, GENDA, NEW YORK BOSTAN

and

Pres. Harding

Pres. Van Buran .....

Arr.

in Port. Sopt.

Salle

15 Balle

Sept. Sept. 17

1

BEN LINE

DUR.

In port

In Port

SHIP "DENALBANACH" "BENATTOW"

WDENCRUACHA

HAN

BENVANNOCH"

"BENCLEUCH

"DENMACDHUP"

ARRIVALS

FROM

U.K. via Singapors

on ar abt 12th Sept.

#BENVORLICH"

SAILINGS

22nd Sept.

25th Bept.

15th Oct,

29th Oct.

Loading on or abt:

15th Sept. 19th Oct

64

784

44%

10535

67%

27

80%

544

113%

41%

656

-54%%

放

143

47

'04

184

1776

1934

1331

334

"BENCRUACHAN" "BENVORLICH”.

London. Antwerp, Rotterdam, & Hamburg

34

2037

:45

"BENVANNOCH"

30%

Socony Vacuuma

221

Southern Pacific

Stordar Brands

London, Antwerp, Rot- terdam &HVIL

Liverpool, Public,

26th Sept.

Glasgow, Antwerp

Oll of Calif.

15%

Rotterdam.

cil of N.

004

Studebaker

314

Union Bö

34

A (Carbide

45

4454

39

31%

161

Curb

Pennsylvania

Real Silk Indle Corp: Remington Rand Republic Steel Reynolds Tobacco Sohenley

Sears Rocbuck Shell Oll

US Rubber

Westinghouse

Youngstown Sheef & Tube 96 Gen. Pub. Utilities

Rail bonds advanced. gainers included

Domestic sugar futures number Corden Patroleum. Associated

five

closed quiet. No soļos, k World sugar futures number closed wo Tower 10 one September Marcia

May

5.80 nominol.

- 5:00 bids

6.00,

Raw sugar spot -6.25- nominal. Associated Press.→ Se changing datas

NOTICE TO CONSIGNEES

Consignees per

Б. “BENALBANACH"

Press

NOTICE TO CONSIGNEES

Consignees

BARBER WILHELMSEN LINE

ms. "TALLEXRAND”

--From JAPAN

into equilibrium very largely by Chicago, August 29.

movement econothies on dollar spending. we, strong buying move mal This raisen secondly the whale qutation of balance of paymhbats. hour of trading, after newture The switch-over to defence w Washington that U.S. Agriculture Secretary Brannan felt price:con- inevitably mean increased dollar trols on form 'products were un- expenditure and reduced dollar necessary at this time. Boybeans earnings because some export ini- ulso moved upward sharply,dustries will have to be turned white oats and rye made mepest on to defence production. It galns.

fos than a year slice the drain Wheat closed

1- to 3-on sterling area gold and dol higher.

reserves forced devaluation ""qt] September

...$2.20 - the pound sterling. The reserves December

..$2,30.-16. are still below the safety line on March

$233. any sudden new drain on the! Corn was a D4 higher. reserves might bring a ikincial Oats were one to 1% higher. crisis which could dragt h

are hereby notified that their Rye was 2.lo 2-12 higher. defence production progedmine.

cargo is being discharged into Soybeans were 4- to 5-cents British Ministers and officiala

the HC. Patterson & Co., higher. Assoclated Press.

have been encouraged to set the are hereby notified that their Ltd's godowns, Kennedy three-year total as high dis cargo is being discharged into Town Praya Nos. 36 (No. 23,100,000,000 because they note the Hong Kong & Kowloon 1) and 17 (No. 2), where that these anxieties about the Wharf Godown Co's godown it will be at consignees sterling red rosdives the synt where it will be at consignes risk and subject to the Whart's risk and subject to the Whorf's terms and conditions of storage ed plus gigns in a hesitant ses

"(The Bellish Government haya terms and conditions of storage: and where delivery sion of the London Stock Ex- also been concerned about the and where cleiivery may be obtained. change today.

affect on morale of any deustie

obtained... British Government bonds worsening of conditions at bome

Damaged packages are to be wiped out earlier losses and The British people had beck Damaged packages are to heeft In the godowns for ex intafted unchanged to 1/4 of a hoping to reap acne of the re left in the codowa

binition pound higher.

"Götnignees unți ward of the foffort which iad amination by Consignees and Some oll- shares were slightly given ton of wins per cent in the an increase in Industria

surveyors, Douglas higher Industrials were, muinly

Mar

Carmichael & Clarier neglected and irregular,

ant half of this year compared. Reports from Buenos Aires with 1940 After two years for at 10 am on September 1, that Argentina intended to sim wage stabilisation the trade unford 1900. plify its foreign exchange prota were hoping for increases for dute buoyed up Anglo-Argentine lower pad workers. It has there- Issues even before rich in fore been becessary to belaned

LONDON STOCKS

London, August 29,

A late rally chalked up scatter-Pathetically understood in

To comply with the Gomoral Bonded Warehouse Regulations,

MAIL"nouncement of the second de social and political consideration consignees must have" in Re

“WEEKLY CHINA

CONTAINING ALL THE LOCAL NEWS OF THE WEEK FROM THE

"CHINA MAIL” "SUNDAY HERALDY".

Price 50 Cents

of the Argentine peso with the facts of milling and In 11 months.

De economic, altuation? Financial Times" index 113.4. Associated Press.

U.S. HOLIDAY

York

August 20,

Probable impact.... „Post-Wir dificulties, of een recovery Incide-the- flom and other Eur

fries make conparitan effort with that of sug

vontorionicor in sitendance When damaged dutiable goods pro exminined ERRESU

at 10; d.in.” on 1950.

may be

To comply with the General

No claims will be admitted No claims will be adinlited after the goods have left th after the goods have left the stcamera goddarna, and all Ateamer's godowns, and all United goods remaining undelivered goods remaining - undoligarel

Security and Commodity mar-Sales a louisleading. Whereda ütter September 3, 1030 Muller September 3, ARAD, Win kets throughout the United Stater the United Kingdom

will be albred" next"'Monday, on grapple, with

| September " 4" "in Chityance

the Labour Day, holiday,

Exchanges In London

Marzhall plan cou

of

and

Canada will remain open’as uruzi.

Associated From.

NY COPPER

New York, August 29. futures, condd 10 30

be subject 18 rent, be subject to ront,

WAII, claims - ogninst

atcamermust: bo

the Undersignsæi

Boptember 1

will not be reconnued.

No: Fire Indurando will

(CHINA

LTD.

30,1930.

"BENATTOW"

"DENCLEUCH”

31st Aug.

28th Bapt

Suez Canal.

Via Singapore, Colombo, Port Sudan, Adon,

For Further Particulars, Apply-To- W. R. LOXLEY & CO. (CHINA) LTD.

York Building.

Agents

Telephone: 34165.

THE EAST ASIATIC CO., LTD.

M.S. "MORELIA”

LOADING 3rd to 5th SEPTEMBER

M.S. “INDIA”

LOADING 10th SEPTEMBER for

ADEN, PORT-SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

• M.S. “INDIA" WILL ALSO CALL AT ALEKANDBIA. THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd Beer.

Tel: 34111. 14113

BEN LINE STEAMERS LTD. FAST SERVICE TO UNITED KINGDOM & CONTINENT.

ny

S.S. “BENATTOW”

LOADING MONGKONG 3111 AUGUST

ROHSICHANG, SINGAPORE, COLOMBO ADEN,

PORT SUDAN, PORT SAID, LIVERPOOL

GLASGOW, DUBLIN ANTWERPL

PLENAND ROTTERDAM,

(CHINA) LTD.