1950-09-14 — Page 12

Pago 12

R. I. L

ROYAL

INTEROCEAN

●SINGAPORE, JAVA

PORTS and

MACASSAR

"TJITJALENGKA”

"VAN HEUT82"

"TASMAN"

LINES

ARRIVALS

19th Sept 2nd Oct.

SAILINGS

24th Bopt

10th Dat. 10th Oct.

6th Oct.

*only to 8'pore, Panang & Bol Dell

● MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"STRAAT MALAKKA”* "STRAAT BOENDA"

"TJIBADAK" •

"TJIBADANE”

ARRIVALS

14th Sept.

20th Sept.

20th Oct.

• not selling Manila and South Amerlar

• JAPAN

"STRAAT MALAKKA”

"TJIBADAK"

"STRAAT BOENDA"

"TJIBADANE"

SAILINGS

21st Bapt.

9th Oct.

12th Oct.

ARRIVALS SAILINGS

19th Bapt.

9th Oct. Bth Oct

21st Bopt. 22nd Sept. 22nd Oct.

Agents: HOLLAND-EAST ASIA LINE

@ EUROPE vio MANILA

and MALAYA

"MEERKERK"

"RYNKERK”

Through B1/L

toped

SAILINGS

9th Oct,

ARRIVALS

*22nd Oct.

Early Nov.

Te

Mediterranean and Northers

JAPAN

European ports.

"MEERKERK"

"RYNKERK”

KEKİNG'S BUILDINGSTECHISHONESTEZIOL BR052001740;

EZCORNISEVAGENTSE, IGE COSA LUCIFIE ROADLESTEELS, EDI PRAINE

Land

2812)

THE WALLD

THE

THE CHINA MAIL, THURSDAY, SEPTEMBER 14, 1950.

FINANCE AND

New York Stock Exchange

л

COMMERCE

LABOUR SITUATION IN GREAT BRITAIN

Britain's cool industry last year achieved the of

ficial output objective of 202 million tons despite a decline in its labour force. The reason for this was that output of the in. dividual minor improved considerably, indoed, boyond expectations.

New York, September 12. With a roar of power, railroad stocks streaked nhead today to a 1931 Not since 19-year high.

as measured This is disclosed by the Ministry of Labour in its Ins the rail group. by the Associated Press average,

Report for 1949, issued today. Gains touched

today's peak.

With unemployment through- | ranged from 50 cents to $3.75 à share. Rails dominated the mar- out the year well below the ket but steels, automobiles and very low level of two per cent, oile

total aleo tld well. A

of the Ministry's main problam 703 stocks showed gains, while was one of marginal adjust- 198 declined; 75 hit new highsments; in particular, the re- Transfers were cruitment of new workers to for the year. 1,680,000 shares.

Among the galners were Balti more and Ohio, Northern Pacific, Erle. Santa Fe, Union Pacific, Sinclair Oil, Rexall Drug, Peu cola, Texas Company and Oulf Oll.

Dow Jones ́ ́averages: Stocks 79.01: 20 Industrials 220.81: 15 Rulls 05.08; 10 Utilities 38.09.

Closing quotationst Adams Express

Alaska Juneau

American Can

Smelting

Telephone

Copper

22

64

vital undermanned industries and the contraction of certain pockets of unemployment in other industrial areas.

Although the labour force in coal mining declined, another essential

undermanned in- dustry-the textile industry--was able to record a manpower in crease of 43,000 as against the omela! expectation of a rise of

24,000.

but

This very satisfactory result was achieved by a variety of measures

2% including publicity campaigns, thet introduction of European 80% Volunteer Workers and schemes 134 fer part-time work.

Agriculture, the third of the Indu- 35% important, undermanned

75 stries, was able to record a gener-:

ally adequate supply of labour al- though the number of workers slightly declined from 1,230,000 to 1,225,000.

Coping with unemployment

total working population more than 23 million, an

42% average of 330,000 men and

women were without employment

6th Oct,

Tobacco

sarly Nov.

25th Oct.

Anneoisia

Aviation Corp.

Baldwin Locomotive Bendix Aviation Bethlehem Steel

41%%%

Boving Alreraft

30%

Bordon Co.

49%

Canadian Pacifie

10%

Case, 3

J. I,

435

Chrysler

Of a

001

Colgate

Commercial Solvent

Corn Products

Du Pont

431

4814

81

100%

01

35

31

14

421⁄2

047%

5736

574 to

24.

24.

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL SURVEYOR”

.27th Oct.

SAILINGS TO SAIGON, BANGKOK &

Eastman Kodak General Electric

Goodrich Goodyear

Motars

Honestake Mining International Harvester

Paper

Tel & Tel

Johns Manville Kennecott Copper Montgomery Ward National Distlilers

Cread

F1

Between 1945 and the end of Inst year, approval was given to no less than 6,300 projects for building or extending factories in areas of unemployment.

It has been estimated that when these works have been com- pleted, they will provide employ- ment for some 430,000 additional workers,

Since the period under review, another factor has emerged which should help materially to solve the prolem of unemployment that exists even in a state of full

employment,'

The new British Defence Pro- gramme will provide opportunt- ties to all those who seek work and are able to work.

TC-

(Britain's unemployment turns, it should be remembered In- chude large proportion of people who are virtually unemployable'.)

AGREED MERCHANT RATES!

Maximum pelling

Kilnimum buying: Niesing (Indirect Sterling 1/32nd higher than Londen rate for 1+0 MBABCO fuvolved.

1/2 1/10 T.T.

1/2 27/32

1/2 31/12 0.D,

1/3 30 days

1/3 1/32 60 4 Da days.

1/3 1/10 120 days.

45% during 1949. The task of linding ↑ Berting (E ★ & Africa);

Jobs for these people was compil- cated by two factors.

Firstly, unemployment

tended

to be confined to specifle arcus in particular, the 'Development Areas.')

In South Wales, for example,

the percentage of unemployed was

544 four per cent compared with one-

11 half of one per cent in Central

42% England.

01476 Secondly, it was

great

the older age

47% five per cent

concentrated

1/1/12 0.. if under

2/Credit.

3/2 27/32

1/3 3/32 .D. without

I/Crullt. 1/32nd up very'.

31 days. Sterling W Africa & W Indies)

1/2 27/32

1/2 7/az OD. If under

L./Crailt.

'extent among Rupee (India);

groups (Fifty-

of the

men

15% who were without work during]

DJAKARTA (BATAVIA)

New York Central

"STEEL AGE"

22nd Sept.

Packard Motors

"STEEL SEAFARER”

21st Oct.

Pan American Airways

8

Pennsylvania RR

2011

ARRIVALS FROM U.S.A.

Radio Corp

17

13

Salls N. Y. Sails S.F.

"STEEL AGE"

"STEEL SEAFARER"

Due H.R. Salled Salled 21st Sept. .12th Sept. 28th Sept. 20th Oct.

GILMAN & CO., LTD.

Tol: 31146

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

SWEDISH EAST ASIA CO.LTD.

ARRIVALS FROM EUROPE

m.v. "TONGHAPË m.v. "BALI"

4th Oct. .carly Nov.

SAILINGS TO EUROFE

m.v. BENGAL”

m.v. "TONGĦAI"

2nd Oct. .29th Oct.

1.v. "BALI”

.end Nov.

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA,

ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

Dooptanks available fez Bulkeil

GILMAN & CO.,

Tel. 21140

LTD.

THE EAST ASIATIC CO., LTD..

M.S. “KVERNAAS”

LOADING ABOUT 27th SEPTEMBER

for

ADEN; FORT BAID, GENOA, ANTWERP, ROTTERDAM,

HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

THE EAST ASIATIC CO., LTD.

Queen's Bldg., fad

Tol 34111 & 34119

Remington Rand Republic Steel Reynolds Tobacco Schenley

Sears Roebuck Shell Oil

Socony Vacuum Southern Pacine Standard Brands

Oil of Calif. Oil at N. J.

Studebaker Union Bag

Carbide

US Rubber

Stect

Lines

Weslinghouse

Youngstown Sheet & Tube

a period of last year were more than 40 years old.)

Moreover, the period un- ad- employment increased with

of

vancing age, so that in the ago 384 Hroup above 50 years, 28 per cent 34% of those unemployed had been 30% without work for more than 12

months.

48%

similar The trend was

for 50% 997 women, but here the proportion 22% of those who

had been out of work for long periods was much smaller than for men.

61%%%

211

74

302%

46

4744 38

32

05

Raft bonds advanced. Among the Curb gainera were Cities Ser vice. Creole Potroleum ond Kaiser-Frazer,-Associated Press.

NOTICE TO CONSIGNEES

CONSIGNEES PER

BARBER WILHELMSEN

LINE

m.s. "TITANIA”

obtained.

Direct action

82 7/14

1/3 0/12 0.D. without

L/Credit

1/32nd op very

- 30 days.

30 days:

3 3/8 T.T.

4 5/8 O.D,

3/4 7

83 7/8 60 dage.

O days.

Ropses (Adan)i

81 1/16,

94 Q.D.. under

T//Credit.

84 1/8 O.D. without

L/Crmilli.

* 6/8 3 4 10 days.

ilupere (Rangoon)

K2 7/18

83 0/18 T.T.

83 13/16 0.0.

Ha 15/16 7 & 30 days.

1/16 3 dayı.

84 3/16 60 daga.

Rupees (Pakistan)

67 1/4

relayi

U.

67 13/16 T.T. GT 7/8 O.D. 58 20 days.

68 1/8 60 days.

89-11/1887/3/16 1.2.~ &^0.D,

*

3 8/16 33 m.

53 878 60 days.

Dollars (delivery within ons calendar month 1/10 down per calendar month thereafter);

17 50 17 1/2 TT. & O.D.

17 9/16 30 day.

The Ministry of Labour, has been taking special pains to help these older workers to find employment, although, success must depend largely on the co- operation of employers, for it is they who have the final word in the engagement of labour. In the case of the regions ut unemployment, however, the Gov- ernment is able to take more direct and positive action,

Thus, In the Development Australia Areas, which account for one- third of total male unemployed in Great Britain, much has been done in the establishment of new Factories.

NOTICE TO CONSIGNEES

Consignees Per STATES STEAMSHIP CO.

B.B. "OREGON"

Canada

17

1/6 7/14

New Zealand:

1/2 27/82

17 2/8 60 90 days.

19 1/4 T.T. & OD,

170 3/4 TIT. 1/6 18/16 0.0.

1/3 8/12 T.T: 171 5/82 0.0. N.B.-Borlog selling rates for deilvery within two months with a cut of 1/2and for every further three months forward.

Di

NOTICE TO CONSIGNEES Are hereby notified that

m.v. "IGADI” their cargo is being discharged into the Hongkong & Kowloon

Having arrived Hong Kong Wharf & Godown Co's godown are hereby notified that their consignees of cargo are hereby where it will be at consignees cargo is being discharged into notified that all goods have

the Hongkong & Kowloon been landed and placed risk and subject to the Wharf's Wharf & Godown Co's godown their risk and expense into the terms and condition of storage, where it will be at Consignees godowns of the Hongkong, and and where delivery, may be risk and subject to the Wharf's Kowloon Wharf and Godown terms and conditions of storage,] Co., Ltd., where delivery may and where delivery may to be obtained As soon as the obtained.

goods are landed. Damaged packages are be No claims will be admitted teft in the godowns for exam- after the goods have left the ination by Consignees and the godowns or failure to attend Company's Surveyors, Messrs. the survey. Carmichael & Clarko at 10

1980. All broken, chafed and dam- aged goods are to be left in

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 September 16,

1060.

To comply with the Generala.m. on September 14, Bonded Warehouse, Regula-

--

To comply with the General the godown where they will be tions, consignees must have a Bonded Warehouse Regulations examined in the presence of Revenue Officer in attendance Consignees must have a Re-Messrs. Goddard and Douglas when damaged dutiable goods venue Officer. In attendance on September 14, 1050, at 10 are examined.

when damaged dutlable goods a.m. are examined.

No claims will be admitted after the goods chave: loft the stcamer's godown, and all goods remaining undelivered after September 18, 1950 will be subject' to/rent.":

the

All claims against steamer, must be presented to the Undersigned on or before September 25, 1950, for they. will not be recognised.

No Fire Innirance will be effected.

· DODWELL &

Agents.

CO., LTD.

Hong Kong, Sept. 12, 1050.

To comply with the General

Hong Kong Stock Exchange

ПK GOVT, LOANS 4% Loan 100a.

3 Loan (1034 & 1940) 94.

19% Lou (294) 0527

DANKS

KK Banghat Bank 1,1105, 1.140mm.

(Lon. Reg.) Tan. Chartered Bank £0 1/1on, Mereunto Henk A. & B. 21% u. Bunk of East Asia 1018.

INSURANCES

Canton Jan. 30. Union In $20. Chinn Underweitern 25. HK Fire Ine, 145n.

Shirping

Douglas 160n.

HR incas Steamboats lin. Indo China (Prof.) Izn.

(Def.) sin. Shells (Bearer) 61/100. Unlun Waterbeats 18n.

Aala Nar, 025b, .5, .02 Vina,

DOCKS, WHARVES, GODOWNS, B1.

IK A Kowloon Wharven 13. North Point Wharves 41⁄4b.

Bhanghai Hongkew Warren (b. 11 Dick 12 m. Chin

Providenis 10h.

Bhanghal Dockyards 5b. Wheelocks 1994b, 2011am.

MINING

Taub Mines 470n.

11 Miner 01365.

LANDA, HOTELS & BUILDINGS HK & Bhanghai Hotels #lib, t1⁄4m. RK Lande 11!4b, 145/No.

Shanghai Lenda 1.30b, 1.26m+

Humphreys 7.00h.

UK Renities 1.89m,

Chinese Estates 119.

PUBLIC UTILITIES

HIK Tramway Ex.Blv. 10.00b, 10.10ss. Peak Trama (Old) 185.

(New) Un. Star Ferries 62b.

China Lízku (Old) 10.305, 10% **.

(New) 5.10b, 7.300, Tak, HK retries Dr.Dlv, #16, 220,

Sursa Eletrica 114m.

H

(Now) 10% n.

Bonus h.) 10. Handakan Lights #Vn.

Telephones 0.006.

(R) 200. Shanghal Gas 1án.

INDUSTRIALS Cait. Mneg. (Dr.) 22.

Canton e 11km.

Cements Bib.

IK Ropes in.

STORES, Ete.

Daley Furos 1011b, 30,10/3ása.

Re: 1.05, P/1.

Watson 226.

1. Crawford 200. Bincerer in.

China Emporium 63. Bun Co., 14, 1.70m. Kwene Song Hong 70. Wing On (K) 43. Wm, Powell Ltd, Sa.

MISCELLANEOUS

China Entertainments 14m. IK Constructions (Oldt zn.

(New) 1.10n:

Vibro Pings lon.

Marsman Investments | 5/-a. Mareman (HK) TER

Bhanghai Loan

70%.

"Shanghai Explor..296.

Yanateres 2n

COTTONA

Ewas 2.00h. 3.20, Ben.

+

RUBBER, te, COMPANIES Aboa Estalar 125, 14, 15- Anglo-Dutch Itb.

Anglo-faraa 156.

Batu Anamo-212 3ja

Dute Plantations Sin Chemor United .4811 Cher Rubbers 17b. Consolidated Rubbers 1.264, Dersinion Rubbers 40%. Java-Consolidateda kün. Kate Babroe „30an, Kroewock Javas n. Langkat,8cb.

Padang. Itubberu .100. Repah Hubber 181. Rubber Trueta Z.20n. Samagaze Rubber 75%. Bemambu Rubbers 10b. Shanghai Kedale în. Shanghai-Malays 10. Shanghai Pahang 60. Shanghat Bamatron 7b. Bus Mangela 10. Bungal Duris 18h, 18.10. Tanah Merahe .45b. Tehong Rubbers 176. Zinngbe Rubbers 60n.

AVSINESS DONE (* Direct Bulan)

K Bank 20 mi $1,140. Union Ina, 63 at #010, 10 mi $420, sz

at $670.

Wheelock 130 at #2014.

UK Land 200 kk #3415, *300 at $34%,

300 at 124.

NK & Shankhai Hotel 0.400 at $815. Bhanghai Land 1,000 at $1.30; - HK Tram Ex.DIV. 1,500 at $100, China Light (Old) 800 at $1034.

(New) 1,200 at 37, ÖGE at ́$7. Dairy Farm 200 RE 310.10, 1,700 at

$10, 200 at $103, 414 las '81034. Ewo 1,000 nì $1. Humphreys 100 at $7.00,

Dairy Farm (Rlahte) .”1,006 ́ns 83. conte, 900 at 1, 900 at $1,407 at $2,'% Asla Nar,,"18,000 at $235 cents. Afman Estatew ́ 100 at 612. Kota Bahro 900 x1, 90 gente. Bungat.Durla 600 at 81810.

AMERICAN PRESIDENT LINES ·

The Global Fleur

St George's Bldg.

Tel. 28172/6.

TO HONOLULU & SAN FRANCISCO

Pres. Wilson

Pres. Cleveland

Gon. Gordon

via JAPAN

Arr Bopt. 19

20 Galls Sept. Arr. Oct 14 Balla Oct. 15 Arr. Oct. 10 Balls: Oct. 19

TO SAN FRANCISCO & ́LOS ANGELES

Prta. Madison Pres. Pierce

via JAPAN

...Arr Bept.

Arr. Oct,

10. Galla Sept. 20 Balla. Oct.

TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA Filmore...

Pros. Pres. Tyler

VIA

Aer. Dopl. 27 - Balle Bept. 28

Are Oct. 21 Gaila Oct. 22 ROUND THE WORLD

MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, BVEZ, PORT SAID, ALEXANDRIA, NAPLES, MARBEILLES, GENOA, NEW YORK) and

BOSTON

Pros. Van Buren ....

Prem Jefferson

Arm Sipt. 22 Balls. Dept. 23 .Arr... Sept. 23 Balle. Bapt. 25

* OMITO MANILA, KARACHI & ALEXANDRIA.

BENDLINE

SHIP. "BENCRUACHAN"

"DENGLEUCH"

"BENVANNOCH" "DENVORLICHT "BENMACDHUI”

"BENALDER" "BENAVON" "BENREOCH" "DENVENUE"

"BENCRUACHAN" "BENVORLICH" "BENALDER" "BENVENUE".

#BENVANNOCH"

"BENWYVIS"

"BENCLBUCH"

"BENMACDHUI“ "DENAVON”

FAR FAST

ARRIVALS

FROM U.K. via Singapore

DUE

in Port.

on or abt.

25th Sept.

28th Sept.

19th Oct..

-29th Oct)

12th Nov.

26th Nov.

3rd Dec

fith Doo.

SAILINGS

Leading on or abt.

K/Whnef

London. Antwerp. Rotterdam, & Hamburg

23rd Oct.

16th Nov.

15th Deo.

London, Antwerp, Rot- terdam & Hult.

29th Gapt.

20th Deo.

28th Sept

alat Dot.

30th Nav.

Genoa,

Liverpool, Rotterdam & Antwerp.

Liverpost, Glasgow, Dublin, Antwerp 4 Rotterdam.

Via Singapore, Colombo; Port Sudan, Aden, & BUDI,

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

York Building.

Agents

Telephone EXOS.

NOTICE TO SHIPPERS

FAR EASTERN FREIGHT CONFERENCE

FREIGHT TARIFF NO. 4

FROM

HONG KONG AREA

Shippers are advised that a revised Tarift No. 4 bas been issued, which will cancel all' previous issues and will become effective on 25th September, 1950.

Coples of the new Tariff may be obtained from the Local Chairman, For Eastern Freight Conference, P. & O. Building, 1st floor, Hong Kong, at a charge of HK$12.00 per copy on and after 14th September, 1950.

FAR EASTERN FREIGHT CONFERENCE J. D. Alexander Local Chairman

HONG KONG, September 14, 1950.

ECA TO DOUBLE

AUSTRALIAN

FOREIGN BUYING WOOL RUMOURS

No claims will be admitted Bonded Warehound Regula Money Market strategic materials.

Canberra, September 115,

Washington, September 11. The Australian Minister of The Economic Co-operation Commerce, Mr. John McEwen, Administration hopes to double said, today that the United its overseas: spending during States had made 'no" proposal this fiscal year to stockpile for the abandonment of Aus after the goods have left the tions, consignees must have a

tralian wool auctions. lady steamer's godown, and all goods Revenue Officer in attendance

·Reports here had suggested remaining undelivered after when examining damaged duti at 1IK$6.34% and closed at foreign currency, to buy materials of wool sales by auction because US dollars opened yesterday The ECA plans to use more, that Britain and the United States than $138,000,000, mostly in might seek the end of the system September 15, 1950 will be able goods. All claims, against $0.84%. Thank subject to rent.

The vessel must be presented TT opened at HK$8.994 and and to promote mining projects of record high prices, and heavy to the All claims against the stea- fourteen days of the ship's Industrial

In overseas torritories" of "Mar- Soviet buying, ". Undersigned within closed at $0.39,

Mr. McEwen will fly to London "shall' plan countries... mer must be presented to the arrival, or they will not be HK$204 atack and cloved gold - opened

On Wednesday to attend the 'In- Undersigned on or before

o ECA L. negotiating for tornational. Woct › Study Group. $294.76. Highest).and recognised

lowost September 22, 1050 or they

rates werd 1205 and $203.80 trial diamonds, quinine, tungsten,

70s about $8,000,000. worth of indus conference opening on. October 2.. will not be recognised.

Before the conference, he will. No fire Insurance will be Sterling went up to $18.00 lard and cocoanut, oll to be paid confer with the British; New Zem- No Are Insurance will be

effected."

after opening at$10.06.1995) for in foreign currencies, it she land and South African repre effected.

WALLEM & CO

plans to spend more than $70 sentatives on proposals for="ra= Vihar Moradial $12.399) | 000,000, in ji foreign, money for serve price. for wooladies Plastres remained nominal at mining projects. Agents

some countries Telephouse $6041-6. leal dropped to 1K 120.30 a 16 date, the ECA has used conference mul of unke proposnia Hong Kong, September 8, 1940. Hong Kong, Sept. 11, 1950, 100, after opening at $26.60 more than $1,000,000 in foreign dizising from the mixong, demand, * NEI - Galdurs were unchanged | curreneles för direct fourchases of fort:"wool and”; copsequent -figh

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