1950-10-26 — Page 12

THE CHINA MAIL, THURSDAY, OCTOBER 20; - 1960,

R.

ROYAL

I

INTEROGEAN LINES

➜ SINGAPORE, JAVĄ.

PORTS and

MACASSAR

JITJALENGKA"

"VAN HEUT32"

"TJISADANE"

"TASMAN"*

ARRIVALS SAILINGS

26th Oct,

1st Nov.

8th Nov.

10th Nov. 24th Nov.

1st Deo.

*only to Singapore, Penang and B. Dell.

MANILA, EAST & SOUTH AFRICA & SOUTH AMERICA

"TEGELGERO"

JAPAN

"TJISADANE"

"TEGELBERG"

1

SAILINGS

ARRIVALS

1st Nov.

21st Nov.

SAILINGS

20th Oct. 5th Nov..

ARRIVALS

8th Nov.

20th Nov,

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"RYNKERK"

ARRIVALS SAILINGS,

9th Nov.

"LANGLEESCOT"

19th Nov.

"MARIEKERK"

mid Dec.

9th Ded. early Jan.

Through /L

to

Mediterranean and Northers

European porta.

JAPAN

"RYNKERK"

"MARIEKERK"

7th Nov.

"LANGLEESCOT"

7th Dec. early Jan.

22nd Nov Mid, Dec.

VERINGS BUILDING=

20010

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

DIRECT MONTHLY SAILINGS TO NEW YORK

VIA LOS ANGELES AND PANAMA

"STEEL DIRECTOR"

20th Nov.

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA).

"STEEL SEAFARER"

"STEEL TRAVELER”

STEEL ROVER"

“STEEL ADMIRAL”

2nd Nov,

19th Nov.

5th Dec.

1st Jan.

Sails N. Y,

Salls S.P:

Sailed.

ARRIVALS FROM U.S.A,

STEEL SEAFARER"

“STEEL TRAVELER"

"STEEL ROVER"

"STEEL ADMIRAL"

GILMAN &

Sailed Salled'

27th Oct. 24th Nov.

Dus II.k

1st Nov. 28th Oct. 18th Noc. 13th Nov, 4th Dec. 9th Dec. 30th Dec.

;

•

LTD.

Tel: 31148.

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

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROPE

FINANCE

Hong Kong Stock Exchange

The market showed. Arm- ness at yesterday's short ses- sion and prices were well At midday the maintained. undertone was firm.

K GOVT LOANS

* Loan 9u.

# Law (1034 21940) 930. all on C). Do

+

BANKS

HK & Shengial Bank 1.460.

$on, Res £90, Chartered Bank £10 0/10h,' Mercantile Bank A. & D. £200. Bank of East Asla 108n.

INSURANCES

Canton 1. 2006,

Unkon Inc. 6772%b Chinn Underweltore 3,900. HK Fire is, 143m.

SHIPPING

Buy one 1000,

HK & Marno Steamboats iin, Indo Chinas (Pref.) 12

[Def.) $5.

Shell Beer) 63/13an, Union Waterbots 195. Anu Nav, 70, 751, 21.

DOCKS, WHARVES, GODOWNS, Et.

Ith & Kowloon Whiston 034, 913ima. North Point Whorses 6, 4,037,19%. Shanhai Honakes Wharvon 1945. ICK Docks 18b.

China Providonia 12.200. Shanghal Dockyards. 3.704, 3.8010. Wheelocks

MINING

Rand Mines 4.700. IK M

.01% n

LANDS, HOTELS & NUILDINGS

HK &

Butele 8.701; 8.90 8.80 HK Landa 42356. Shanghai Latide 1.70a, Humphreys 0S, IDA. IK Berlin 2.15. Chloe Extale 119.

PUBLIC UTILITIES

HK Tramways 14, 14.305, 14.10.2014. J'enk Trans (Old).

*

(New) 1014.

Star Ferrier 76 kb.

C. Lights (ok) 13.00b, 146, 13.67am.

(New) .cob, 2.400.

Electrics 28, 20, 29. Buca Ecetrics 12.

(Now) 1ts,

(ons Bh.) 101ám. Sandakan Lists 8. Telephones (Olý) 198, 1138

(New) 104. Shanghal Gas ilgn,

INDUSTRIALS

Cald, Many, (Ord.) 22190, Cantin Ice $HA. Cements 13.06, 140, 2296am., HK Hope 13b,

STORES. EL.

-Daler--Farms · ((hld) - - 1514-16461.

(New) 12.70b, £2.70.* Wathon 2640, 200, 212ása...

М

L. Crawford, 2b.

Binceros,

China Emporium 31.

Sun Co., Ltd, 1.700.

Kwon Satur, Hung Hún,

Wlos Un (100) 430.. Wm, lowell, Ltd.

n.

MISCELLANEDUA

China Entertainment 1th. HK Contructions (Old)

(New) 1.300. Vibro-linge itn. Mateman Invokmenis ̧0/-s,

Maram(K),

Shpall Explor. 200. Yangtare 2

m.v. "BALI" m.v. "CEYLON"

13th Nov.

4th Dec.

Shanghai. Le

SAILINGS TO EUROPE

m.v. ""TONGIAI"

m.v. "BALI"

n.v. "CEYLON"

.31st Oct. .29th Nov. ....ond Doc.

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA,

ANTWERP," ROTTERDAM, BREMEN, HAMBURG,... --

COPENHAGEN, OSLO & GOTHENBUBG

Deeptanks available for Bulkell

GILMAN CO., LTD.

Tel.- 31148

SWEDISH EASTASIA CO.LTD

m.s. TONGHAI

Loadin

Sailing

30th October

1st Novembor

ADEN, PORT, SAID, GENOA, MARSEILLES, CABABLANCA. ANTWERP, BOTTERDAM (ADISTERDAM), BREMEN, HASI-

BURI COPENHAGEN, OSLÓ AND GOTHENBURG, “

GILMAN & CO., LTD.

Voour Hoade

Eyrom $150.

COTTONA

1

RUBBER, etc COMPANIES

Alcow Estates: 12an, Anglo Datch 40%

Anglo-Java JSU, Datu Aname 15, 40 Bute Plantation 1,205 Chemor United".000 Chest Bubbers 1gb. Cankolidated Rubbers 2.3ub. Dominos Rubbers_1b.”“, JAYA-Consolidateds, über Kota Bahroo 1.70b. Kronwork, Java 106. Langkaisab., ?Aadmi Koubrza, #7b-

Repeh, Rubber 30,

·RUUber" TEINEN SEIN Bamagaga Rubbers' Bib Betnika Rabbara)806) Khán hai kinh) thì t BhathMainyo? 10n. Bhanghai Pahing...45b.

· Bandshal' Bumbai :3.00b, Bus Madrale, 100, Bungel Dyris JONAT Tanah Meralm 1.2hb, 1 Tybon Hubber 3564 Zlangbo Rubliéru, Alb;

BUSINESS_DONE.

· (# Direct¦ burlymen ) |||

AMO

TIN CONFERENCE OPENS IN GENEVA TO WORK OUT MARKET AGREEMENT

Geneva, October, 241

Representatives of the world's, leading, tin produs: ina and timconsuming, nations, willi most, here: tomeriex, im am, effort, to, vark: out; an, agree mont rauinting, the tin market, and prereat, ing, wide prica: fluctuations,

All nations interested in, tin, whether, they are members of the United Nations or not, have: been, invited to attend the meeting. These. had registered tonight:

Britain, the British Colonies, Australia, Canada, Belgium, Belgian, Congo, Bolivia, Cuba, Den- mark, Egypt, Franco, India, Indonesia, Italy, Netherlands, Switzerland, Thailand, South Africa, and the United States.

The conference will consider a, draft agreement prepared by tho International Tin Study Group in Paris last March. This group, over the opposition of the Unitedf States. voted to isk the United Nations to call a world in con- ference.

Test for wheat agreement

York New

Stock Exchange

New York, October 24. The stock market pulled out of

a morning decline and closed on a firm footing. Fast demand to a couple of automobile fhares and one utility issue had a stimulating effect on the market generally.

Chrysler advanced 3-% to 81-% and General Motors gained 78 to clośc nt 52-14. Consolidated Edison came put with an advance of 1-h lo close at 30-%%-an un- usually wide sign for this blue- hip stock. Elsewhere most gains ar losses were fractional.

Transfers were 1,700,000 shares, Among the gainers includes Graham Paige, Long Island Light- Ing. Bridgeport Brass, Bund Com- pany, Hayes Manufacturing.

Stack" Dew Jones averages

Industrials 231.39; 15 83.57; 20

00.45: 10 turtles 41.03. Cloning quotations: Adams Express Alaska Juneau American Cais

Under the draft agreement, an international tin council' would be established in which producing

Geneva, October 24. countries and consumer countries

The Juternational Wheat agree-R would have the same voting ment is going, through a testing powers. A majority vote of hath period in the present world econ consumer and producer, groups omic situation, Mr. F. Sheed An- would be necessary to take action.derson of the United Kingdom, Chairman of the Council admit- nistering the agreement said

today. fourth regular Opening the session of the International wheat council, Mr. Anderson Annconsin Copper, said that monetary and market Aviation Corp.,.... conditions were now considerably Baldwin Locomotive. different from those envisaged Bendix Aviation when the agreement was drafted) Bethlehem Steel last year and the agreement hud Boeing. Aircraft thus not been able to operate at Borden Co.... its full scope.

The Council would set up buffer stock of tin "from mem- bers' contributions,, to be used at a stabilising Influence on the market; A manager of this stock would also be appointed to handle the stock on the Council's recom- mendations.

Scale of prices

In addition to setting up this mechanism the present confer once may seek to evolve a scale of minimum and maximum tin prices.

The conference will be opened by Sir James Helmore, chairman of the Inter-Co-ordinating.Com mittee for International Com modity Arrangements.

The Co-ordinating Committee was set up by the UN Ebonomic and Social Council in 1947. A the request of the tin study group it recommended that the present conference be held.

One of the dimcult problems before the conference will be the divinion of the 2,000 votes among the producer and consumer coun- tries, with ench group receiving 1,000 votes.

"Although the limitations Canadian Pacific

placed on us by

Caso ... I, circumstances

Chrysler were not fully foreseen,"

Mr Anderson declared, "the mech Colrate anics of the agreement, are suft- Commercial Solvent- able even under present circum- Corn Products stances, and I hope the Couricl1 Du Pont

a Eastman Kodak will continue to operate for lang me to come."

General Electric

Motors

AMERICAN PRESIDENT LINES

The Globul fleet

St George's Bldg

Tel. 28172/5.

TO HONOLULU & SAN FRANCISCO

Pros Wilson!

Pres. Cleveland

vid JAPAN!

Arr. Nov.

2. BANOVA) (1ỡ; Arr. Nov. 27 Gallen, Nov. 28,

TO:SAN FRANCISCO & LOS ANGELES

vig. JAPAN.......

Pres. McKinley ...... Pros. Taft

Art.

Arr.

Nov.

5 Salls Nov.. d) Nov. 13

Nov. 14

TO NEW YORK, BALTIMORE & BOSTON: ? via PACIFIC. COAST & PANAMA"

Pras Tyler Prow Grant

Ballo Arr Oct. 20

· Arr..

Nov. 19 Baile ROUND THE WORLD"

Oot 30 Nov. 10%

VIA MANILA, BİNGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SVEZ, PORT SAID, ALEXANDRIA): NAPLES, MARSEILLES. GENOA, NEW YORK and BOSTON

Arr. Oct 29

30 Sails. Dot. Willamette Victory ....... Prež. Johnson

Nov. 15 Sails Nov. 16,

AI.

BEN LINE

“DENVENUE"

"DENLAWERS” "BENMHOR”

"BENATTOW".

"BENLOYAL "BENCRUACHAN"

PARA

ARRIVALS.

FROM

U.K. via singapore,

DU

310

on or abt

14th

14th

1

10th

17th

23rd/

29th

234

25%

.102%

"

Smelling Telephone Tobacco Waterworks

0512

152

G04

0%

37

72

1416

48

46.

30%

5332

103%

53%

81%

443%

21%

063

SHIP *BENVORLICH"

81%

"BENMACDHUI

464

"BENALDER"

4931

"BENAVON”

52

113.

60

3934

323

46%

13

43

67

Loading on or a

54

204%

"BENVORLICH"

30th.

534

"BENWYVIS"

27th I

17%

"BENATTOW*

21et

4

"BENALDER

Lendon, Antwerp,

17th

"BENVENUE"

Rotterdam, Hamburg

17th

20"

and Hull.

1734

1414 *"BENMHOR" 4342

London, Antwerp,

14th

Rotterdam di Huil

26th

35

343

5374

BENMACDHUI”

55

24%

0070

"BENLOYAL”

23%

704

31

Oll of N. J.

86.

Studebaker

355%

37

41%

50%

4134

10

Procr

The Council comprises the 40 wheat importing and four wheat Goodrich exporting nations who are parties Goodyear

Homestnice Mining to the agreement.

signed in International Harvester The agreement was August, 1949- and provides for);

Tel & Tel wheat trade

between nuotas

at maximum Johns Manville. member nations and minimum. prices and, under Kemecat Copper.

Montgomery Ward certain fixed conditions.

The exporting members are National Distillers

Lead Caninda,

United France, States and Australla. Two of New York Central the world's major wheat exper-Packard Motors ters, Argention and the Soviet Pan American Airways Unlon, are not, members of the

graement, and only about one Radio Corp. half of the world's trade in wheat Remington Rand is thus carried on under the Republic Steel terms of the ugieement Associ

A number of countries, includ-ated Press. ing Britain, the Netherlands, Bel- gium, and France, are not only important cosìsumers, bút, througi](; their colonies, producers on conuiderable mente.

ย

Another important question will be the date, for activating the greument Before the Korean var caused large-scale stock- piling, particularly in the US, producer countries were pressing for early agreement, fearing that the perennial (in surplus would disorganise the market.

However, practically, ali sur- pluses have now disappeared and a temporary shortage has sent tin prices soaring,

But it is expected that it will take months, maybe years, to put any agreement into affect, since after the conference, the individual countries must ratify the pacti

United

the

Balance sheet

of European

Pennsylvania RR

Reynolds Tobacco Schenley

Sears Roebuck Shell Oil

Socony Vacuum Southern Pacific Standard Branids-

Oil of Calit.

payments union Union Bar

Carbide Paris, October 24.

US Rubber France has sold the most-on " Steel

Western Germany]

"Lines credit. and bought the most in the first three Westinghouse.

34% mouths of the European Payment Youngstown Sheet & Tube 51%

Gen. Pub. Utilities

163 Union (EPU).

Among curb gainers were An EPU report for the first three months of its operation American Republies, Cities: Ser

Motors, Electric showed today that France emerg- vice, Crosley

Bond and, Share. Associated ed from that period as a croitor

Fress. for 190,549,000) EPU units the equivalent of US dollar.

Imperial Preference exports

The debtors had to pay France sono, $40,000,000 in gold under the system of discouraging tho Mr. W. G. Ferguson of the Bri-building up of excessive debts. tish Ministry of Supply, is the They got credit for the rest

The payments, union was creat- Kingdom Government

ed to make the currencies of the delegate, to the conference..

Western,· · European members in- Mr. Clarence We Nicols of the terthangeable, thereby loosening US State Department, leads, the trade. Its report covering the July American delegation! Sir Hilton September 30 period" pooled ber under Imperial Preference Paynton of the Colonial Office the debts and credits of in Mar- Certiipates and Certificates of will represent the British shall plan, broan, Members are Origin. Colonies. Poland has announced shown as dehters or areditors to

Locally manufactured, goods. to the value of HK$17,645,678, were exported during: Septem

The importing countries and the the will send an optorverAsso the whold union instead of to value of the goods they bought ciated Press.

Teache ́ottidr. Bidividually,

Kron Hong Kong, are EUROPE Western Germany was indebted

United Kingdont for 177,000,000 units.

Of these: she had to pay 182-North Europe:.. 400,000 in gold!: Hor, debt-much

Money Market

US dollars opened yesterday at HK$0.32., went up, 10, (3934, and Floted at $0.334:

TT opened at HK$5,30%, and closed at $0.37, after, an Imterval,

Wharr 06, 100 at 1019%; #200 mt #81%%- | At $0.873⁄4; North Point, Whariw 1,094 (st), $6,08;

1,500 nT=1&10,

Shanghai Dock 200 al 12.30, 3.000, 115, Bbangber: Hotal: 1,800+ at #9.sh

13- Tram: 2,000 141 11010, 1000, sk

Chips) Light) (New), 109/95;3630.

*3,000 st. 175, 100, 2010, 100 m3, STY.

Cement":"100

Dalrais (OTO) BOVAR 8101%+ Wakson ·3;900 18T, FEEJU: PEON" DE AMETI. Asia Nav SP1OGAS #3 TRY%; verba, Main Anasi)

Industrial upid operied fric$280° taal, was up. 18201.70. and closed at $291.30.

Sterling was changcil

•HK$10/10.

were dow

.1,638,540

AUSTRALIA:

*120,012

411.715: 107;6074

1:034.GIÐ:

1,000,307 *803,000.

of It: for food purchases was Australia

AMERICAI reported to be beyond the 320ew Zealand (000,000-all figure assigned; to British West Indies Germany as an Initial credit central America wile the EPU went into effect

AFRICA:: Associated Press.

Union of South Africa- British Fast Africa FRESH FISH PRICES British West Africh

Homeland Portuguese East, Africa. Fresh fish, average prices real at ABIA- the. Hờng" "Hong" Fiih" "Wholesale Marketi Lennely Town, yesterday, warehouse Malaya

Frag Wheatingality! As British North Borneo

ally Coylen $171, $1.50%

3.18

"Yellow", Crokker,

Mud Grouper White

3.50

1.81020301.37.

"BENLOMOND"

SAILINGS

London, Antwerp, Rotterdam & Hamburg,

Liverpoof, Glasgow, Dublin," HavFO

& Rotterdam.

Havro,

Liverpool, Antwerp, Rotterdam

& Hamburg.

Liverpool, Giakow,"

Dublin Rotterdam

& Antwerp

öthe

3rd

*Acorpis Gergo for Genom, fAcoapte, Dargo, for Havro, ។ Bingapore, Golombo, Port 8údan, Adan, dl, Busz, dz

For Further, Barticulars, Apply: "

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

Telephone: 34165

Yark Building.

Peninsular

Agents

& Orienta

AQUIS NOS

STEAM NAVIGATION COMPANY

R.M.S. "CORFU"

NOTICE TO PASSENGERS

*220,047]|[SAILS: Friday, the 27th October at 6 AM, for the United Kingdom via Straits, Colombo, Bombay Aden and Por Said.

78,500

600,688 BAGGAGE: ALL passengers, baggage must, bo sent to the

Hongkong & Kowloon Wharf Co.'s Godown at NO.2] GATE; CANTON- ROAD ENTRANCE BY SAP.MX 6 Wednesday the 28th OCTOBER

83,323 1,358,240 3371 BD,GIC SPECIAL

"With" the exception "of hand packages Cal ried by passengers themselves ALL BAGGAGE, “mu pass through the Wharf Co.'s Godown for loading board by ship's xiings only.....

BARKATION: Will take place on THURSDAY A 201

OCTOBER batwegu ♣ P.Mr and đ BM-11 Lanikaichu

MACKINNON MACKENZING.