1950-09-21 — Page 14

Page 14 7

R. I. L.

ROYAL

INTEROCEAN

O SINGAPORE, JAVA

PORTS and

MACASSAR

"TJITJALENGKA"

"VAN HEUTBZ"

"TASMAN"

→

LINES

ARRIVALS SAILINGS

In Port

2nd Oct.

8th Oct

⚫ only to 'pore, Penang d Gel Dell

MANILA, EAST &

SOUTH AFRICA & SOUTH AMERICA

"STRAAT MALAKKA" "STRAAT BOENDA" "TJIBADAK" *

"TJISADANE"

ARRIVALS

In Port 23rd Sept.

20th Oct.

• not calling Manila and South America

JAPAN

"STRAAT MALAKKA"

"TJIBADAK"

"STRAAT BOENDA"

"TJISADANE"

24th Sept. 10th Oct. 10th Oct.

SAILINGS 22nd Sept. 9th Oct. 14th Ocl.

ARRIVALS SAILINGS

21st Sept.

11th Oct.

24th Sept.

Bih Oct.

22nd Sept. 22nd Oct.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MEERKERK"

"BYNKERK"

"LANCLEESCOT"

Through BE/L Tund to

Mediterranean and Northern

Europeen porta

JAPAN

"MCERKERK"

PRYNKERK"

"LANGLEESCOT"

ARRIVALS

22nd Oct.

early Nov.

SAILINGS

• 9th Oct. 11th Nov, carly Dec.

5th Oct.

10th Nov.

early Dec.

2bth Oct.

early Nov.

I PEKINGSTBUİLDİNGSTELEPHONES E2001SSETO 2200KAS 425YCIUNDSERAGENTNÄRZĄCONNAUGHT KHAN,, GEOISI 1896) BIDE

O

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 &

10th Oct. 21st Oct.

THE CHINA MAIL, THURSDAY, SEPTEMBER 21, 1910.

FINANCE AND COMMERCE

New York Stock Exchange

New York, September 19. The stock market backed away from a four-year peak today, the firat decline in the past six ses- slons. A slow rally shaped up in the afternoon but it could not work up enough steam to recover fully the earlier losses, Final prices, however, were above the lows for the day in most cases. Changes either way were mostly fractional. Transfers 300,000 shares-lowest i nearly two weeks.

were

Lower prices were paid for International Nickel, Coca Cola, Phelps. Dodge.

Guiners included Colorado Fuel, Western Union, Twentieth Century Fox, Baltimore and Ohio, Paramount Theatres. Only four of the 15 most active issues losses. Most with emergedi brakers seemed in feel the mar- ket was entitled to a period of rest and digestion,

Stocks

Dow Jones averagen: 30.48; 20 Industrials 225.70; Rails 66.32; 10 Uilities 39.52.

Closing quotations:

Admins Express Almka JuneRu American Can

"

Smelting Telefone

Tobacco

Water Works

Anucunda Copper

Aviation Corp. Baldwin Locomotive Bethlehem Steel Boenig Aircraft Borden Co.

cantidian Pacife

Case J. I. Chrysler Colgate

Commercial Solvent Corn Products Du Pont

Eastman Kodak General Electric

Doddrich

Motora

Goodyear

Homestake Mining International Harvester

Paper

Tel & Tel Johns Manville Renuccott Couper Montgomery Ward

Distillers והוציא

Lead

THAILAND RICE STILL MEETING BIG DEMAND

Bangkok, September 19.

World demand for Thailand rice continues to 'be groat five years after the end of World War II. The granary of Asia exported 843,500 tons of rice to deficit countries for the first seven months of this year-a post-war record. Almost the entire export-] able surplus of this year's tor- get of 1,200,000 tons has been allocated. New commitments Will have to be based on avail- able surpluses.

Trade circles report that there has been renewed interest in rice from nearby deßeit areus since the Korean war. Countries whose staple diet is rice are showing a tendency to lay in stocks in case supply sources should be

cut off.

Thailand exported 245,000 tons to Malaya, Borneo, Sarawak, Hong Kong and Britain during

months of the first seven

this year. She has contracted to sup- to the British ply 439,000 tons oren for 1950. Shipments so far have been described as up to schedule.

Japan took 262,510 tons of the steful exported and is to receive n further 24,000 tons under the twe ecuntries open-account unde aprecment.

22%

2%

100

02

048

355

137

42

354

91%

be Jepun is understood to negotiating to purchase a further 27,000 tons and is offering goods in barter, but Thailand is de- manding dollars.

151 Ceylon turning to Burma Ceylon recently took delivery of 30,000 tons and has not, dicated A desire to purchuse Ceylon has recently been more.

turning to Burma anorce of *supply.

Indonesia contracteil to buy 50,- 6012 000 tons this year, but owing to 1912

a shortage of foreign exchange 42 the infont

laken Republic has 122 delivery of only a small portion | 44% of It.

20

The Philippines, a former re- 004

made hus not 2014 gular customer,

Like 45% any purchases this year.

Indonesia, the Philippines sought

109

European

payments agreement

Puris, September 19, Seventeen notions, taking part Europe's recovery in Western programme today took a step to wards freer trade by signing the treement on the European Pay- iments Union.

Hong Kong Stock Exchange

After several months of Inacti- vity the market has become live- lier and there Is a general inquiry tavourabl rules, ut current

stimulated Korean war nnys trading throughout today's seulo, and the immediate stock market Banies have trend looks higher. Improved to $1,240, Trans n fights from OD cents to $2 Lights to $11% and Dairy Form Cements navo small buyers at have good $1014 and Electrics

$244. Investors support operations and remittances fron overseas indicate a cautions

The Marshall Plan Organisa- tion indicated last week that, it was ready to provide $350,000,000 the Union's (£125 million) for initial working capital.

This cleared the bottlenecksteady return of confidence. that prevented earlier signature of the agreement.

The Governing Council of the Organisation for European Eco- homic Co-operation today, set up o six-man board for the fund. representatives of consisting of

anet Italy (president), Britain. France

Den- (vice-presidents), mark, Germany and Holland.

The Marshall Plan "roving ambassador," Mr. Millen Katz today balled the Payments Union as an example of inter-

in action. ational democracy Reuter.

EUGENE BLACK IN BELGRADE

of

Pelgrade, September 20. Mr. Eugene Black, the Pre- the International aldent Bank, arrived here today from Paris op a seven-day visit as the guest of the Yugoslav Gov-| ernment.

Mr. Black told correspondents that he had come to speed up the Bank's decision whether to grant

Yugoslavs requested $25, 000,000, loan.. He said the Bank would grant the loan if Yugosin- via met the conditions.

the

475 to conclude #1 barter agreement, 94% offering to send homp and native

products Ja exchange for Thai 44 and rice. But Thailand has in 394

dollars. risted

on 31

india des- Famine threats in pite efforts to

achieve self- have forced the coun- sumelency

to conclude an agreement to 48,000 tons. About 7,000 tons have already been shilpped.

Demand from European coun- was to work out whelber other tries and the Middle East con-member countries can contribute tinued normal,Associated Press. with their currencies.

DJAKARTA (BATAVIA)

58%

"STEEL AGE

13

"STEEL SEAFARER”

45%

65

455

take

ARRIVALS FROM U.S.A.

25%

0036 257

"STEEL AGE"

"STEEL SEAFARER'

Salls N. Y. Salta S.F. Due H.K.

Salled Salled

9th Oct. Salled 29th Sept. 20th Oct.

40

New York Control

104

Packard Motors ..... Pan American Airways Pennsylvanin RR Radio Corp RemHand

Steel

44%

.03%

GILMAN & CO.,

Tel: 31148

LTD.

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

SWEDISH EAST ASIA Co.,LTD.

ARRIVALS FROM EUROPE

Reynolds Tobacco Schenley

Sears Roebuck Shell Oil Socony Vacuum Southern Pacific Standard Brands

Oil of Calit.

Oll of N. J.

Studebaker Union Bag

Carbide

US Rubber

Swel

193 LONDON

173% 134

The idea was partly to give the loan in dollars and partly in five currencies. One dimeulty other

Mr. Black's visit coincides with a deterioration of living condi- STOCKSons in Yugoslavia. Foreign ob- servets estimate that the country London, September if will be short of 1,500,000 tons of The London stock exchange, maize and 300,000 tons of wheal. aided by the encouraging trend Unless these and other food- of events in Koren, continued to stuffs con Imported, hardship 3214

Yesterday's and possibly even some starvations 481 forge ahead today.

cautious atmosphere was replaced is predicted for the turn of the 51%

by one of greater confidence.

year, But Yugoslavia Government bonds climbed thought to have nearly enough higher after a brief sinking spell, foreign exchange to purchase this. and leading industrials gained Router.

22

761 84%

34

41

484

30%

16% 33

Lines Westinghouse Youngstown Sheet & Tube .10235

m.v. "TONGHAI" m.v. "BALI"

4th Oct.

Gen. Pub. Utilities

10

..early Nov.

SAILINGS TO EUROPE

Among Bands were lower. curb #tumblers were Creole Petroleum and Berlum Steel- Associated Press..

m.v. "BENGAL"

m.v. "TONGHAI”

IV. "BALI"

2nd Oct. .29th Oct. .end Nov.

FOR

་་

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM, BREMEN, HAMBURG, COPENILAGEN, OSLÓ & GOTHENBURG

Deeptanks available for Bulkeil

GILMAN & CÓ., LTD.

Tel. 31149

THE EAST ASIATIC CO., LTD.

M.S. “KVERNAAS”

LOADING ABOUT 27th SEPTEMBER

för

ADEN, FORT SAID, GENOA, ANTWERP, ROTTERDAM,

"HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

THE EAST ASIATIC CO., LTD.

NOTICE TO CONSIGNEES

m.v. "JEFF DAVIS" Having arrived Hong Kong. consignees of cargo are hereby notified that all goods have. been landed and placed at their risk and expense, into the godowns of the Hongkong 'and' Kowloon Wharf and Godown Co., Ltd, where delivery may be obtained as soon as the goods are landed,

No claims will be admitted after the goods have left the godowns or failure to attend the airvey.

ground.

Financial Times' Index: .116.6. -Associated Press.

NY SUGAR

-New York, September 19. Domestic sugar futures No. 6

F

closed one lower.

5.35 bld. March

5.54 May Domestic sugar futures No. 9. closed quict with no sales.

March Muy

5.21 bid. 5.20 # Ruw sugar spot 0.25 nominal.

-Associated Press,

is not

CHICAGO GRAINS

Chicago, September 19. Wheat and rye held steady but other grains had rough go-1

Com declined on news of Ing. better growing weather,

Wheat

closed to higher.:

US$2.25 %-% December...

$2.29 4-% March ****

lower. Corn was 4-1 # Oats were %-% lower. Rye was - higher. Soybeans were 1⁄4 bigher to lower-Associaled Press...

Efforts to promote natural rubber

The mission will tell United Singapore, September 20. Three rubber 'scientists from States consumers the ways in Malaya, Indonesia and Indo- which natural rubber may be im- dijina will visit the United proved. They will also find y whut qualities of rubber are pre- States in Uctober to promote erred. The US, has repeatedly natural rubber in the face of implained that South East Asia present synthetic compolition.

rubber produsers have been sup plying undergrade rubber, or even mbeing lower grades with. higher grades

The thred are Dr. R.G. Newton, of the Melayan Rubber Research Institute, Dr. J. van der Be director of the Indonesian Rub- Bdequet, Vice-President of the Board of French and Metropolitan Rubber Research Instituter.

tho

All broken, chafed and dam-.] Ler. Hosearch Stiloj, and Dr. Me aclchists will 'read, papers

aged goods are to be left in the godown where they will be examined in the presence of Messrs, Goddard and Douglas on September 23, 1950, at 10 'm.

To comply with the General Bonded Warehouse Regula tons, consignees "must have 'à Revenue Omeer in attendance when examining damaged dull- able goods., "All claims against the vessel must be presented to the Undersigned within fourteen days of the ship's Arrival, or they will not be recognised.

The decision to meet American rubber, manufacturers was taken at a three-day conference, in which D'selentists and economista from the three South East Asia territories took part.........

'NOTICE TO CONSIGNEES

hold diselimlens with tip, In- ternational Standardisation Or- ganitation, an amilate of the United Nations, in. Akron, Ohio, and the American Chemical So- clety to Cleveland, Ohio.

At the Singapore, meeting tha Expprte drafted recommende tions for improvements, in prod duction which would be for warded to the international Rubber Research Board in Lon- don,

HK Govt, Loane

14: Loga Hun.

3

1 13234 ♣ 190)

an (1948) 5.

Banke

+

The Global Flori'

TO HONOLULU & SAN FRANCISCO

Cleveland Gordon

Rees, Qan. Pres. Wilton

via JAPAN

Acr

Ool 14 Galiz Oct. 15

AM

10 Oct.

Balls Oct. 19

Arr. Nov.

3

Galia Nov.

+

TO SAN FRANCISCO & LOS ANGELES via JAPAN

Pres. Madison ........ in Port Pres. Plorco

21 Gept.

Sulle Arr. Oct. 4 Galle Oct.

TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

Pres Fillmore Prov. Tyler

Arr. Sept. 27 Balls Supt. 20 Arr

24 Balte Oct.

Oct. 30

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, YORK and MARBEILLES, GENOA, NEW

NAPLES,

BOSTON

Pres. Jolferman ...... Pros Van Buren ....

▪」 · 45,

Arr Sept. 24 Salla Sept. 20 26 Salis Acr. Bapt

Gept. *OMITS MANILA, KAR ACHI & ALEXANDRÍA

28

bo

it. George's Bldg.

JIK & Shanghai Bank 1,22014, 1,210/4015

( ) 771. Chartered Bank / Mezzantile Bank A. & 3, Au flank of Einat Arin 1921.

Insurances Canton Jas, 245, Untun Joe, £30h, 10an. Chin Underwriters ăn. IK Fiets, £45*,

Shipping

Daugines like,

H & Men Shramboala Hin. Jada Chinus (l'pot.) 12n.

(Ver) Jah.

Shella (later), Gelin.

slon Waterboats inn.

A-la Kuv. 6.2{yk.

Docka, Wharves. Godowns, Etc.

IK Kowloon Wharves TCD. North Palm Wharvet de.

Bhanzhui Jungkew Wharees Bb. MK Dock 13.001.

China Provlarnie 11b, 126, 11, Shaugh! Dockyards 2.200. Wheelocks 214b, #Zam.

Mining

Raub Mines 4,701.

1 Mines 0146 11⁄2

Lands, Hotels & Buildings IK & hangbok Hotels 6,000, Trai HK Lapde 36. Shanghai Lands 1.300. Humphrey. jb, RK se b, 2.10. Chinter Etuis 19.

Public Utilition

HK Tramways Ex.lv, 114, 115. Peak Trams (OH) Jun..

(New) 8.

Star Ferries 675, 67. Chloe Lighla

-11 20 11.40m, 11.10/15/40R ¿New P1⁄4%, Am.

IK Electric 21120, 21.990, 2415/25/

2.

Mara Eletries 111⁄2n.

(New) 1040.

(Horú Sh.) 1812.

Sandakan Light Telephones 11an.

Rt.) 20. „Iba, Bharat Gan an.

Industrials Caid, Macg, (Dr.) 22n Canton Is Blyn. •

Cementa 1944m, 1011⁄2un.

·HIK-itopes (2.40b. ----

Stores, Etc.

Dairy Farms 12.35, 129, 12.

(2.5 25.

Watson 24.600, 24ĺken.

1. Crawloris 214b. Kierre Ja,

China Emporium ata.

Aun Co., Ltd., 1.70n. Kwong Bar Hope 70. Wing On (K) 430. Wm. Paweli, LIA, BI,

Miscellaneous China Entertajamenta iin. RK Constructions (Old) zijn.

"(New) 1.500.

Vibro Ting 10m.

Maraman Investimienta. 9/49, * Blursan (HK) Ton. Shanghal Loan Tet. Shababal Explor 20b. Yangtaten.

Fiwos 3.585.

Cottons

BUSINESS DONE (Direct business)

1,240,

HK Bank 12 pt $1,210, 10 at

*350 at $1/240, 17 at $1,250, 37 ME $110.

Union Inn at $650. Whorlock 100 at 22, 200 at $22. China Troyldenly 3,900 mp (3136.

hausal State) 4:000 at 37, 1,000 L. 17.

HK Tram Ex.Div, 2,805 at #11%. Chion Light, (034) *500 st, $11.30, BUF

11.40, 2,315, at $115%, 350 ali 11.40 1,800, mg $11.40. Ona Light (New) 1.000 at 65, 400 #1 $8, 233 at 35, 276.al 3B... TIK Eleptela 00 x3 (2454, 400 xt-$2414.) £100 at 1243%, 500 ml 825, *200 at; 86,000 at 124%"

Telephone GCO at #11-'

Cement 500 et 10%, 2001 $0. Dalry, Farm; 5,200 ml 51937, 290 at 0183, Wateon Gugat $245..

Biar Terries 000 AL 1073, Delis Farm (Blphite) 10,181, Telephones (Higbis) 2,000 nt 18 sunta.

#21.

Money Market

TT ved up to 10.40,

at $0.4011⁄2.. after opening at $0.304. It closed

US dollars opened yesterday ot HK$0.30 arid closed at 16.301⁄2, Throughout the conferenco the These were the lowest and Damaged cargo ex this vessel, danger of a new and better syn-highest rates, will be surveyed at Hosthetic being developed which Wharf belavcen 10 am. and uld be superior to natural rub-

Ber was stressed. roon on September 21 and 22,

Research Information presented 1950, und "consignees 'arp, re-to the meeting showed that na No fine insurance will be quested to hayp their repre-tural rubber varied in quality an sentatives present during the witle as 18 polals. The variation

In synthette was only wight points, sterling, at HK$13.67, and Au- Burvey.

The Brilah delegale, Dz..New- don, is travelling direct to the U.S. Dr. von der Fle of ladongsis and Dr.Docqupt: of, Indo-Chines Will call at The Hague and Paris, re- pectivaly, on ruido, Associated,

"Effected.

WALLA

elepho 88041-0. Hong Kong, Sept. 10, 1950.

BUTTERFIELD & SWIRE,"

Hong Kong, Se

Industrial gold aperted at: HK$208, a fact and closed at $200.25 Fluctuations-- rungod from $297.50 to $299.50.

strollua pounds at TIK$12.40, were unchanged, maint

Plastres remained nominal at TOKITE DU 100PESO

*Tychopat Jik#20.70 a 100,-and NEI Guilders - at 11633 4, 100, were also: unchanged.

Tel. 29172/5.

BEN LINE

FROM 201

FAR 1857

DUR

SHIP: "BENCLEUCH"

ARRIVALS

FROM U.K. via Bingapore.

27th Sept.

"BENVANNOCH" "BENVORLICH"

on or abt. 28th Sept.

19th Oct.

M

29th Oct.

12th Ney.

26th Nov.

#

"

3rd Deo.

With Dia

J

"DENMACOHUI

"BENALDER" "BENAVON" "GENREOCH" "BENVENUE"

*BENYORLICH" "BENALDER" "BENVENUE"

"BENVANNOCH"

"BENWYVIS"

"BENCLEUCH"

"BENMACDHUM"

"BENAVON"

SAILINGS

London. Antwerp, Rotterdam, & Hamburg

Loading on or abt.

23rd Oct.

10th Nov.

15th Dec

Londorf, Antwerp, Rot- terdam & Hull..

29th Bapt

Liverpool, Gonda, Rotterdam & Antwerp.

20th Deo,

Liverpool;

Dublin,

Glasgow, Antwerp

28th Seph

•

a1st Oct.

#

Rotterdam,

80th Nov.

Via Singapore, Colombo, Port Sudan, Aden, & Suer,

For Further Particulars, Apply Tu--

¡ W. R. LOXLEY & CO. (CHINA) LTD,

York Building.

Agents

Telephone: 34165..

HOLLAND EAST ASIA LINE

S.S. "MEERKERK "*

LOADING 7th and 8th OCTOBER

FOR

MANILA, SINGAPORE, ADEN, SUEZ, PORT SAID, ALEXANDRIA, GENOA, MARSEILLES, ANTWERP, ROTTERDAM, AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG and OSLO

Agents:

ROYAL INTEROCEAN LINES

King's Building, Connaught Road Tels. 28015, 28010, 28017.

"WEEKLY CHINA MAIL”

CONTAINING ALL THE LOCAL NEWS OF THE WEEK FROM THE

"CHINA MAIL” &. "SUNDAY, HERALD"

Price 50 Cents

ON SALE EVERY THURSDAY.

་