1950-10-06 — Page 12

Page-14.

R. I. L.

ROYAL

SINGAPORE, JAVA

INTEROCEAN

LINES

PORTS and

MACASSAR

"VAN HEUTSZ" •

"TASMAN

TJITJALENGKA"

ARRIVALS SAILINGS

11th Oct. 10th Oct.

In Port

9th Oct.

25th Oct.

26th Det.

unly to S'pore, Penang & Bet. Dell

© MANILA, EAST &

SOUTH AFRICA & SOUTH AMERICA

"STRAAT BOENDA"

"TJIDADAK" •

TJISADANE"

"TEGELBERG"

SAILINGS

11th Oct. 16th Oct.

ARRIVALS

22nd Oct.

3011 Oct.

18th Nov,

ARRIVALS SAILINGS

13th Oct.

7th Oct.

10th Nov,

24th Oct. 1st Nov.

not calling Manila and South America

JAPAN

"TJIBADAK"

"RTRAAT SOENDA"

+

"TLIGADANE"

"TEGELBERG"

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MEERKERK"

"AYNKERK"

"LANGLEESCOT"

Through B/L sturd

Mediterranean and Northers

European ports.

O JAPAN

"MEERKERK"

"RYNKERK"

ARRIVALS

18th Oct. early Nov.

SAILINGS

9th Oct, 11th Nov. early Dec.

THE CHINA MAIL, FRIDAY, OCTOBER 9, 1080. T

FINANCE

AND COMMERCE

NEW U.S. ROUND-WORLD Hong Kong

New York Stock Exchange

New York, October 4. The stock market surged ahend today in a renewed bul movement led by motors. Prices advanced by a few certs up to $3 a share in some cases. The a 10- market average rose to year high vel

Chrysler touched off the buying stampede almcat single handed and every section of the market. rushed to get in on the rise..

The volume of trading war around 2,000,000 shpres

Chrysler set a new high for the year, did General Motors. Vir fually at the leaders of the stcel group touched highest levels of the year. A number of rails also went into new highs, Mest active sinck was

Benguet Mining on sies of 77.100 shores, up 2 at 13

7th Oct.

10th Nov. carly Dec.

22nd Oct. early Nov.

Dow Jones averages: Stocks

...

20 Industrials

15 Rails

16 Utilities

83.69. 231.15. On.07. 40.07.

Closing quotations:

Adams Express

Alaska Juneau Amerken Can

2212 2

Sinelling Telophone Tabacco Waterwork

104 65 151% 0734

354

"LANGLEESCOT"

KINGSBURDING, STELLPHONESTALISTOPAD (752

EX CHINESESAGESYSERECONNAUGHTË BOX DE CLASA A

พ

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL SURVEYOR"

SAILINGS TO SAIGON, BANGKOK &

Anaconda Copper

Aviation Comolive Ballwin

Bendix Aviation Bethlehem Steel Boeing Aircraft Borden Co.

DJAKARTA (BATAVIA)

"STEEL AGE"

"STEEL SEAFARER"

ARRIVALS FROM U.S.A.

"STEEL AGE"

"STEEL SEAFARER"

143%

CARGOLINERS

New York, October 4.

The American President Linos plans to build three fast round-the-world cargo-passenger linors to replace three now on the slip-ways which the United States Govornmont wants for mili- tary service.

The proposed ships would be bigger than the 13,- 000-ton vessels now under construction and faster than 19-2 knots. The company also is studying plans for four slightly smaller round-the-world liners.

George Killion, president of the shipping line, said: "What we want to do is run a stear ship line, and you can only do that with ships.

"We are convinced that there is n big future in the round-the- world service. Ours has NOW been in existence for 25 years and ours is the only line with a can- timious world-girdling, service ou a regular bazis,"

American President

now vessels, including operates 35

in some, freighters and suine military service for the Govern- ment. including transport service to Koren,

st

›

Superliner plan

De- tuke

Under the sume Defence pariment request made to over the three President liners the Government said it wanted to have the superliner United States being built by the United States Lines. No onnouncement has been made by this line as to whether it plans to build a re- placement ship.

The United States was being built for the North Atlantic ser- vice and the line hoped it could wrest the speed-in-crossing title from the Cunarder Queen Mary. Killion said that is, the Presi- lent Lines look forward it does

te include expansion in service stops at Australla and the Wesl east of South America.-Asso- clated Press.

1

UK assists exporters

London, October 4. The British Government to- day announced new assistance for exporters to dollar markets which amounts to a sharing of the risks involved in selling goods in North America.

The new scheme, known as "Joint Venture,” guarantees an exporter to the United States or Canada against any loss resulting from his endeavours to Increase the turn-over in these markets.

The new system was described by a Government spokesman as being the most revolutionary foun of

insurance in force in export any country.

Twenty British firms manufac turing

varying from biscuits to aeroplane engines were already using the new scheme and their sales in North America during the next five years are expected to earn nearly $50,000,000 with n

Pods

so with the idea that more speed marginal Mobility to the British essentia). He ulso said Government of only about $4,-

40%

435

Is

the line

..27th Oct.

Case, J. 1.

Canadian Pacific

2016

404.1

Chrysler

624

Colgate

4622

Commercial Solvent

Corn Products

Du Pont

12th Oct.

Eastman Kedak

467

25th Oct.

General Electric

47%

Sails N. Y. Sails S.F. Due II.K.

Sailed Sailed

Soiled sailed

GILMAN & CO., LTD.

Tel: 31146

11th Oct.

24th Oct.

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

THE HONG KONG JOCKEY CLUB

NOTICE TO MEMBERS EIGHTH RACE MEETING Saturday, 7th and Monday 9th October, 1950.

The first belt will be rung at 1.30 p.m. and the first race will be run at 2.00 p.m. on the 1st Day. On the 2nd Day the first bell will be rung at 11.30 am, and the first race will be run at 12.00 The tiffin Interval is after the fourth race (1.30 p.m.) on

Day

Noon.

the 2nd

There are 10 races on the 1st Day and 12 races on the 2nd Day (22 in all).

Through tlékets at $44 aach may be obtained at the Com- pradora Office of the Treasurers, 1st floor, Telephone House, also tickets for the Speclat Cash Sweep on the "Kwangtung Handicap" scheduled to be run on 7th October, 1950.

To avoid congestion at the Club's Offices at Telephone House, non-menibers are requested to purchase their tickets for the Speelal Cash Swoop on the "Kwangtung Handicap" at the Club's Branch Offices at

6, D'Agullar Street, Hong Kong

382, Nathan Road, Kowloon.

The sale of tickets for the Special Cash Sweep on the "Kwangtung Handicap" at the Branch Offices Will close at 4 p.m. and at the Treasurers Compradore Office, Telephone House, at 5.30 p.m. on Friday, 8th October, 1950.

THERE WILL DE NO BPECIAL CASH SWEEP ON THE LAST RACE,

MEMBERS' BADGES AND ENCLOSURE

Members and guests are reminded that they and their ladios MUST wear their badges prominently displayed throughout the Meating.

NO ONE WITHOUT A BADGE WILL BE ADMITTED TO THE MEMBERS' ENCLOSURE.

Badges Admitting ladies not in possession of Brooches or Season Tickets and gentlemen, non-members of the Club, to the Members' Enclosure and Club Rooms at $10.00 per day including tax, for ladies or gentlemen are obtainable through the Secretary on the "written or personal Introduction of a member, such member to be responsible for all visitors introduced by him, and for payment

etc

of all:, admitting to Members. Enclosure will NOT be on sale

Badges

at the RACE COURSE.

The Treasurera Compradore Office wii close at 10 am on both days. The Boretary's Office will class at 11.45 am, the 1st Day and at 10 am, on the 2nd Day. Both Offices at fat floor, Telephone Hound

A limited number of tiffins will be obtainable at the Club House

provided

they are ordered in advance from the No. 1. Boy (Tel. 27818) R

•ND

CHILDREN WILL BE ADMITTED TO THE CLUB'S

PRENTES (DURING THE MEETING.

PUBLIC ENCLOSURE

The pelos of admission to the Public Enclosure a $3.00 each day, including tax for all porsens including: ladies, and is payable

at the Galo. A MEN ETC., WILL NOT BE PER- SE BOOKMAKERS, TIC TAC

WITHIN THE PRECINCTS OF THE MITTED TO OPERATE HONG KONG HOCKEY CLUB DURING THE RACE MEETING. MEALS AND REFRESHMENTS WILL BE OBTAINABLE IN THE RESTAURANT IN THE PUBLIC ENCLOSURE.,"

AAMKARAN BERVANTS PASSES

BorVANEN PABE

PAREEK WIL KE IMGs, to private box holders only, who tara requested, to distribute them with discrimination and to endorse Ziheir names, on the prince.. Hotors "of such pannen" sto:" not "per-" Imitted in the Mambara", Kretosur,... axcept for passing through on

their duties and mun rumala in their emploýdra, atúndu...

FORDER

coretary,"

Goodrich Goodyear

Mctors

Honestake Mining International Harvester

Faper Tel & Tel Johns Marvillo Kennecott Copper Montgomery Ward Nation Distillers 15 Lend

New York Central

Packard Motors .....

Pan American Airways

Pennsylvania RR

Karlo Cosp

itcal Søk Renlugan Rand

Steel Reynolds Tobacco

Schenley

Sears Rorbuck Shell Oil Socony Vacuum Southern Pacife Standard Brahes

Oil of Call£, Olt of N.-J.

Studebaker Union Ban

Carbide

US Rubber

Strel

Lines

Westinghouse

Youngstown Sheet & Tube Gen Pub. Uilities

чете

931 1144

30%

31

15.

exploring possible. 000,000-Reuter.

Mapping from the air for industrialisation

In the offices of research organisations in London, and in the libraries of Colonial Governments are accumulating the most romarkable collec- tion of photographs in the world.

47 They tell the story of British Colonial territories in Africa from a new angle-seen from a height of 15,000 feet.

64%

64%%

26%

5212

10

416

自想

1984

-10%

1443

139

30%

35VA

3244

51%

24

2249 70%

84

47

514

39

10%

ກ

33

305

17

Prait-taking hold bick the bond market and US. Treasuries unchanged. The Curb mar- ket was narrow with an inclinu - the higher side. Up a ittle were Kaler-Frazer and Cities Service.-Ausociated Prest.

tion to

London, October 4. All the major Rhodesian cop- per mining companies intend to transfer their domicile out of England in the near future, It became known in London night. By emigration they cape Bellish texation and other restrictions. Rhodeslan copper shares turned. very strong

this afternoon. Reuter.

to-

From this height British Africa is being re-discovered by technique learned in war;

a technique now, applied for the peaceful development and economic advancement of the territories concerned.

The technique is that used for detecting hidden enemy sub- for marines beneath the seas;

results examining the

of air bombardments; for discovering hidden enemy emplacements. But is discovering the economic re-. sources of Africa, its waterways and mineral resources; its ngri- cultural potentials for the enrich- ment of the peoples' inhabiling the land.

it

The work is being done by No. 82 Squadron of the Royal Air Force. It is the Colonial photo- graphic survey squadron. This

of squadron Lancasters most of destruction dreaded weapons

four during the war has for years been engaged on its con- and structive work for peace plenty, and has photographed about 500,000

square miles for examination by experts planning

economic the

development Africa.

of

It is now returning to West Africa, having spent the post nix months in East, Africa, Northern Rhodesia and South Africa. Since January the squadron's Lan- carters have photographed nearly 119,000 square miles of territory important connection with colonial development schemes.

Detachments of the squadron were based at Tabora in Tangan- yika and. Ndolah Northern

in

ま

THE HONGKONG JOCKEY CLUB

SPECIAL CASH SWEEP

ON THE

KWANGTUNG HANDICAP 1950

The Sale of Cash Sweep Tickets on the above will close at:

THE BRANCH OFFICES:

382, Nathan Road Kowloon

ut 4 pm on Friday, 6th October, 1950,

15′ D'Aguilar Street: Hongkong, cat-4; p.m. on Friday, 6th October, 1950,

THE THEASUREBS' OFFICE — TELEPHONE: HOUSE, at 5.30 pm, on. Friday, 6th October,: 1050,"

The Draw will be held at the Public Pari-Mutual Hall, the Race Coursŝat 11.30 am. on Saturday, 7th October, 1950.

BY ORDER,

FEAT MARWICK, MITCHELL & CO.

TREASURERS

Rhodesia, from which they photo- graphed 90,000 square miles in connection with the possible alignments of the projected rall- way

East and Cen- link between tral-Africa.

From Zwartkop, Bouth Africa, another

covered detachment 11,000 square miles of Basutoland In connection with a projected for the hydro-electric scherne Orange River, and 17,000 square miles of Bechuanaland for general development purposes.

West African mapping

The main base in West Africa will be Takoradi, Gold Coast, and detachments will operale from Kano, Nigeria, and from a base

in

Sterra Leone.. Apart from covering areas not yet accurately mapped to assist in the agricul- tural and general development of the

colonies, West African specifc tasks to be undertaken include a series of photographs to establish the extent of the Volta river flood with a proposed dam at and surveys to determine possible sites for a new deep water port in the Eastern part of the Gold Coast.

area in coleps

Since No. 82 Squadron started their task in Africa four years ngo the quality of their work has steadily improved and the percentage of acceptable "cover"", has increased. The Improvement is mainly due to the squadron's wing first-hand knowledge of

weather conditions.

The

Most of the photography is done from a height of 15,000 feet above ground level, and the main factor which can hamper operä- tons In cloud.

squadron's knowledge of weather conditions now enables the

year's work to be planned with great accuracy

vari so that commitments in the var ous territories may be undertaken during the months when the weather is most likely to permit Arst-class air photography.

Money Market

The threateried typhoon yester- day' dampened much of the on- tliusloom that pervaded the local money. market over the last few days.

end

dollars opened at HK$0.38 closed at $0.304.

opened at HK$0.42% and

closed at 30.424.0.

at

Industrial gold opened HK 287.25 a teel and closed at $280.75

Sterling was statlanary, ut HK$16.70.

Australian pounds were quoted et HK$18.77.

Plastres continued nominal at HK$12.00 a 100N TAMAN SE

Ticals at HK$0.60 100, and NET Guildots at HK$2.00 6100, were unchanged,

Stock Exchange

In un idle market due to the typhoon the share market showed remarkable strength. Any reces- sions were only fractional

HK Govt. Loans

3 L 11934 & body; van. 344 Lunn (1038) 05.

Banks

K&Shanghal Bank 1,440,

Lon, Jew, £84. Chartered Bank £13/1 Mercantile Bank A, &, C23920he Bank of Fast Alu 17.

insurance

Cunton Fox, 2105. Wala na 675b, KVAS,

China Underwriters b 1K Fire, LATIGų,

Shipping

Douglasen 150.

KK & Mano Aleambunte 11s. Indo Chinas (Pref.) 12.

(Def.) Jon.

Shells (Bearer) (5/-n- Uulon Waterloats J. Ania Nav. 72.

Docks, Wharver, Godowns, Etc.

IK & Kowloon Wharves 841b, 86,

K&LA.

North Pulet Wharves GK, Gigan Shanghai Honghew Wharves &lab. HK Docks 103.

Chian Providents 114%. Bhanghai Dockyarda 41. Wheelocks 200, 26.

Mining

Raub Min $70. HK Mines 011ÝR.

Landa; Hotels and Bulidingu HK & Shaughed. Helets #tab, "B.GON,

B4/.4010.

HK Lands 4ib, Aba, Shanghai Lands 1.00b. Huniphreys 21án.

HK Renta 2.15m

Chinese Estates 11.

Pubilo Útilities

HK Tramways 14.101, 14.00, 14.

Peak Trama (01) 18.

(New) 8.

Stay Ferries 791b, 75en. China

ishte

(0) 18, 1424, 135/1. (New) Digh, 108, 9%/G0ws.

JK Electric 2826, 191, 28/28744.

Macus, Electrics 11.

•

(News' 10747z.

Bona Sh.) 101⁄4ám.

Banduken Lighten.

Telephones (Old) 125, 12, 12an.

Shanghai Con 120.

..(New) 101⁄2 m

Industriale

Call. Marc. (Dolj #21źne Canton ren 20, Cements 141th, 145.

HK Ropes 1351⁄2m.

Dalry

Stores, etc.

131b, Formu (Old) 1024/140

Dairy, Farme (Now) * 11.90h. Watsons 25, 2015/2026.

1. Crawforda pabi Blaceres 3.

China Emporium Bláb. Sun Co., 14. 1.70. Kwang Bang Roue st Wing On (HK) 4In. Hoi. Tum hon, ôn

Miscellaneous

China Entertainmonia 140. HK Cyratructions (Old) in

(Now) 1.abn. Vibro rings 30

Marsman Investments 9/-8. Morenian (1уn. Shanghai on 700. Shanaha! Exploṛ. '.20s. Yangthies 24.

}

Ewo 31

Cottons

Rubber, etc. Companies

Alma Etales 12b. Anglo-Batch DOL. Anglo-davey Co0. Ilalu Aname 15b. Unte Plantations .b. Chemor United Job, Chong Rubber 22n Consolidated Rubberò 1.096. Dominion Rubbara bok. Java Conpollóziecka Din. Kota Bahro #5b. Kroewock Javas 15. Lanzkpia JD, Fadang Rubbers,18hi Repah) Bulberas. Rubber Trasts. 2.206, 24%. Banisgag Bubbau „75n. Somandu Bubbers 10b. Shanahal- edaba in. Shanghai-Malays·200% Shanabai Pahani “‚63k Bhanghel patras 1.10. Buw" Mengele (10m | Bungel 'Darla - 20b Tarik Merake 1,000/= Tebang Rabbers · 181, Zianaby Rubbers 306.

BUSINESS DONE

(Direct business) Unlon tip, kt 9680. Wharf Co. 400 at 383.

14.

North Tons Wharvex, 300 at $5.50,

K Land 100 at: 214,100 at #44.

Ka Bhanghai. Išotel 1,000 at $8%.

3,000 at $5.49,99

·HK Tram 400 'he #1435.

Chine Light 10lefi 2,000 'ak 91091⁄2, 1,500

st. 813, 1000 at 619

Chink Light (Now)` 891 at 8944; 8.500

- KL. 19.00, 509; ML $9,000,

A HK Fişetria 105 at 129, 850 ̧'at, #KE!f,

̧ ̧•• $300! «*•#2891)-900,mi 83%, 309

EAN TRAN

Telephone 800 12

Comment *4,000 * 115, 4,000+ 11414.

Dairy Farm: 2,000 si 18%; 700 _ALPALE- 5. Wajoon #299, mà ?#kuŸƒ, ¢00 a $144. 4,000 3 1814 1,000 at $26) 1.000 ML

My Pear, Turrime 300/kb/978.

waferboet)/10028/615;

Aulae Natal 2,300) nt_13 15 cents," 240, at

AMERICAN PRESIDENT LINES

The Globul Fleorh

St George's Bldg.

Tel. 20172/5.

TO HONOLULU & SAN FRANCISCO via JAPAN

Pree, Cleveland Gen.

Gordon

Prek Witzon

Oct 14 Saila

Oct.

15

Balin Oct. 17

TO SAN FRANCISCO &’LOS ANGELES

Pres. Plarce Pros McKinley

Arr Art

16 Oot.

Arr Nov.

3 Balin Nov. 4

vio JAPAN

8 Balls Arr. Oct. Arn

Gallo Nov. Nov. 4

Dot.

2

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

Pros, Tyler Pres. Grant

Arr. Oct. 27 Balla Oct. 28 Nov. 10 Arr.

Nov. 16. Bail ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCHIN BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA

YORK NAPLES, MARBEILLES, GENOA, NEW BOSTON

дис

Prea. Poik Willametto Victory

Arr. Arr.

18 Balla Oct. 1 Oct. Oot, 30 Balle Oct.

BEN LINE

#BENVANNOCH"

ARRIVALS

CHIP

FROM

DU

U.K. via Bingapore -

In P

20th C

2rid N

14th:

14th

24th

"BENVORLICH” "BENMACDHUI"

"BENALDER" "BENAVON" "BENVENUE"

"BENLAWERS"

"PENVORLICH" "BENALDER", "BENVENUE"

SAILINGS

Loading di

London, Antwerp, Rotterdam, & Hamburg

17th

"BENVANNOCH"

London, Antwerp, Flot- terdam & Huit.

Buoy

Ganoa, Liverpool, Rotterdam & Antwerp.

Liverpool,

201

Glasgow,

Dublin, Antworp Rotterdam.

•

"DENWYVIB"

"DENMACDHU!"

"BENAVON",

5th

5th

Via Singapore, Colombo, Port Sudan, Adon, & Suez

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

-York-Building,

Telephone: 341

SWEDISH EAST AS

CO.LTD.

ARRIVALS FROM EUROPY.

m.v. "TONGHAI” tu.v. "BALI"

6th O

.ond

SAILINGS TO EUROPE

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

.31st

m.v. "BALI"

mid N

FOB

ADEN, FORT SAID; GENOA, MARSEILLES, CASABLANC ANTWERP, KOTTERDAM, DREMEN, HAMBURG,

COPENHAGEN, OSLO & GOTHENBURG

Deeptanks available for Bulkelt

GILMAN & CO.,

Tel.: 3114#

LTD.

THE EAST ASIATIC CO., LTD

M.S. "KAMBODIA"

·:, ;

LOADING 13th/14th OCTOBER

for

ADEN, PORT SAID, GENOA, "ANTWERP, KOTTERDA

· HAMBURG, OSLO, GOTHENBURG & COPENHA(

THE EAST ASIATIC CO., LTD.

Ruson's Bida, 2nd feer.