1950-10-28 — Page 12

THE CHINA MAIL, SATURDAY, OCTOBER 28, 1980.

R. I. L.

ROYAL

INTEROCEAN

LINES

@ SINGAPORE, JAVA

PORTS and

MACASSAR

"VAN HEUTSZ".

"TJISADANE”

"TASMAN"*

"TJITJALENGKA"

ARRIVALS

1st Nov.

8th Nov.

22nd Nov.

*only to Singapore, Penang and B. Doll.

© MANILA, EAST &

SOUTH AFRICA & SOUTH AMERICA

"TEGELBERG" "RUYS"

• JAPAN

....

"TJISADANE"

"TEGELBERG"

"RUYS"

ARRIVALS

SAILINGS

10th Nov.

24th Nov.

let Doo. 10th Dig.

SAILINGS

31st Oct.

21st Nov.

18th Dec.

+

10th Jan,

ARRIVALS SAILING!

Bth Nov.

20th Nov.

dth Nov.

20th Deo.

'8th Jan,

Agents: HOLLAND--EAST ASIA LINE

› EUROPE við MANILA

and MALAYA

"RYNKERK"

"LANGLEESCOT"

"MARIEKERK"

Through D#/L

lasued

Mediterranean and Northare

European porn

⚫ JAPAN

*RYNKERK”

"LANGLEESCOT"

*MARIEKERK"

ERKINOSAA

ARRIVALS

SAILINGS

19th Nov,

mid Doc.

10th Nov.

9th Dec. early Jan.

7th Nov,

7th Dea early Juni

22nd Nov Mid. Doc.

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"

ARRIVALS FROM U.S.A.

'STEEL SEAFARER" STEEL TRAVELER" "STEEL ROVER”

"STEEL ADMIRAL”

GILMAN

Sails NY

Sailed

Sailed

27th Oct. 24th Nov.

FINANCE AND

COMMERCE

EFFECTS OF MEXICAN DECISION ON SILVER

New York Stock Exchange

New York, October 26.

A couple of million shares of tock were tossed on the market for sale today and prices $1 to more than $3 a share. The puper value of all steks listed hrank by roughly two billion dollars.

Not since

the end of June, when prices crumpled under the panicky selling which followed outbreuit of the Koreau war, has the market dropped so far.

Washington, October 26, Mexico's decision to halt silver shipments to the United States will not cost the United States Treasury one cent more for silver for its dol- fors or other soins. The Treasury buys silver only from United States mines at a set legal

price. Commercial firms now must buy imported silver,

Hong Kong Stock Exchange

Various political tumours failed to upset the merket and the trend throughout the week was quietly im wil prices Bencrally how- ing amali gaine. Utilities attract- good su but profi-taking

so it is these private companies who are of and and Camp in for

fected by the Mexican move,

Money Market

US dollars

ensed off slightly yesterday.

Notes opened

at HICS8.35. dropped to $6.34, and closed at $6.344.

of other metals, such as copper, 201

The Mexican Government announced recently that of fers by the Bank of Mexico to sell allyer had been with drawn indefinitely."

reason for It gave.no often! the move but One explanation was that it wanted sales suspend ed while it studied the new ex-

TT opened at HK$0.391⁄4, drop- port tax programme. It was also believed the Mexican authorities ped to $6.38, and closed at $8.384. gold opened at apparently feel that if the price

a tael,' went up to lead and zinc, are rising because $280. and closed at $295.25. Many brokers termed the sell-of defence production, then Mexi

opened at HK$16.15 cun silver prices should receive jor news to account for it. 1710 a similar increase. Pre Ident spoke of the possiblity;

The Mexican

announcement of calling a special aceston of immediately brought a rise Courress, the Government an- con

commercial price. The New York ounced a ban on recreationul button firm of Handy and Har- constructio and allocation of Ettel for freight cars, and the ourco-a rise of seven cents per man quoted silver at 80 cents per re ident of Cloyster spiked rum- ounce in the past week and

s of a stock split-up. None three-year new high. The rise of this news seemed weighly

may be reflected in retail prices enough, though, to send stock

silverware, jewellery and prices careening downward.

photographie film,

Ing 'emotional-there was no ma-

Two waves of selling smashed against the market, one in mid- morning and the second in carly afternoon. The second one re- proved what little starch the mar. ket had left and final prices were it or near the lows of the day Transfers were 3,000,000 shares.

Only, 80 issues ended higher, and 1.035 were marked down. All of tl 15 most active stocks declined. Lesers included Graham Palge Bund Company, Murray Corpora- tion, Sunruy Oil, Jones un Laughlin Steel, Superior On of Cifornia, and Nickel Plate.

Dow Jones averages; 01.45; 20 Industrials 226.05; Rails 66.79: 10 titles 40.26.

Closing quotations:

Adams Express

Alaska Juneau American Can

11

on

Logal commitments

law.

In

n

Stored at $15.10.

and

Australian pounds were Live cents higher at HK$12.05.

Plastres continued nominal at HK$13 a 100.

Ticals were down 10 cents to HK$27.20 a 100.

NEI Gullders were unchanged at HK$3.80 100,

LONDON STOCKS

Londen, October 20, Copper wilning shares spurted on the London Stock Exchange but

The Treasury's silver buying policies have been set forth by In July, 1940, Congress ordered the Treasury to buy aled newly mined stiver at 80.5 cents Pr ounce. Unless the commercial price rises to this level, therefore, the Treasury cannot sell any of Its hoarded sliver without loss.

her issues were mainly Textile and steel shares recaiv

study support from provins

users.

Dealers nervouences over Far Eastern politics was reflected in slightly lower prices fer Japoneso Government bonds.

British Government shares were uniformly higher.

mine Financial Times' index 117.8.-

TEXTILE MARKET

The Treasury has been buying silver from United States operators

a long time. But before Associated Press. July, 1046, the Stocks

71.1 price was cents per ounce. A Treasury ofDcial

estimated that annual purchases of new silver run from 2314 85,000,000 to 45,000,000 ounces.

The amount of silver held by the

The cotton texille market was Treasury, including silver stendier. The tightening of avail- dollars now totals. 1,990,038,9612able re-sale print cloths stimulated

of which about 400,000 more active demand for.

ብ። quarter delivery, with fairly agen-zales reported for that period.

New York, October 26.

cles for use in Government pro- The popular 80 square print Jects-United Press.

3

2nd Nov.

. 10th Nov.

Smelting

5th Dec

13

-

1st Jan

Telephone Tobacco

99% 054 151 00

Waterworks

ounces, 000 ounces are "on loan" to "var- ious Federal Government

0%

Anaconda Copper

36

Aviation Corp.

736

Baldwin Ipenmotive

181

Holy Aviation

47

Bethlehem Steel

45%

NOTICE TO CONSIGNEES

Boelug Aircraft Borden Co. Canutian Pacific Case J.

I.

35%

60%

18

Chrysler

Sails S.. Durit

Smiled 1st Nov. 28th Oct. 18th Noc. 13th Nov. 1th Dee. 9th Dec. 30th Doc.

CO., LTD.

Tel: 31146

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

SWEDISH EAST ASIA CO.,LTD.

ARRIVALS FROM EUROPE

Colgate

Commercial Solvent Curn Products Du Pont Eastman Kodak General Electric

Goodrich

Goodyear

Motors

Honestake Mining International Harvester

+

Paper

Tel & Tel Johns Manville Kennecott Copper Montgomery Ward National Distillers

Lead

Consignces por

61% 6.5. "BENVORLICH” 7714 444 are hereby notified that thei 19 cargo is being discharged int 66 the Hong Kong & Kowloon 80% Wharf & Godown Co's godown

where it will be at consignees 48isk and subject to the Whart's 50% terms and conditions of storage 114

and where delivery may be

btained.

40

68

30

3144 45

Damaged packages are to be eft in the godowns for ex- 12% amination by Consignees and the Company's. surveyors.. Messrs.

Carmichael & Clarke

42

67

6211

2434

002

at 10a.m. on October 30, 1950. To comply with the Genora 16% Bonded Warehouse Regulations

3%

consignees must have a Re. 18% venue Officer in attendanc

when damaged dutiable goods are examined.”

OK

New York Central

m.v. "BALI" m.v. "CEYLON”

12th Nov.

Packard Motors

4th Dec.

Pan American Airways

Pennsylvania RR

SAILINGS TO EUROPE

Radio Corp.

17

Republic Steel

.29th Nov.

Reynolds Tobacco

14 4311⁄2 35

.ond Dec.

Schenley

Sears Roebuck

Shell Oll

m.v. "TONGHAI”

m.v. "BALJ"

m.v. "CEYLON"

.31st Oct.

Remington Rand

Socony Vacuum Southern, Paclite Standard Brands

Oll of 'Calit.

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA.

ANTWERP, ROTTERDAM, BREMEN, HAMBURG,

COPENHAGEN, OSLO & GOTHENBURG

Deeptanks available for Bulkell

GILMAN &

CO., LTD.

Tel. 21140

Carbide

US Nubber

Sted

SWEDISH EAST ASIA CO.LTD.

m.s." TONGHAI

Loading 30th October

Sailing 1st Novembar

for

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), BREMEN, HAM. BURG, COPENHAGEN, OSLO AND GOTHENBURG,

GILMAN

CO., LTD.

MAD YU6ix Itend Contral·

No claims will be admitted 33% after the goods have left the 5814 steamor's godowns, and a 50% goods remaining undelivered 2474 after October 31, lase, will 50% be subject to rent...

24%

754 AL claims against the 8494 steamer must be presented tr the tindersigned on or before November 14, 1950, or they 47 will not be recognised 4645

Oll of N. J.

32

Studebaker Union Bag

35

401%

"Lines Westinghouse

10 324

Grn. Pub. Utilities

10%

Youngstown Sheet & Tubo.. 49%

Bonds. declined with stocks. Among curb stumblers were Im

No Fire Insurance will be effected.

W: R. LOXLEY & CU

(CHINA), LTD.,. Agents.

perial Oil: Kalem Frazer. Techni- October 25, 1650.. color, Cities Service-associated Press,

clothes sold at 27-1 cents a yard for prompt delivery in the re-sale rearket.

The wont goods market was firm but quiet,

Raven goeds were dull so far

a spot business was concerned. --Associated Press.

NY COTTON

Cotton futures registered-smalt Reins in Paris trading. Toward the cicse of the inarket the pace quickened under increased mill buying and short covering. Fu- furen clored 85 cents to $135 a bale higher. Desember March Aday

New York, Oglober 20.

July

October Decmber Murch

30.64-70. 39.68-70. 30.80.

39.16.

38.12--18. 25.01.

35.31 -84.

Middling spot 40.50 nominal. Asociated Press.

CHICAGO GRAINS

Chicago, October 20. dealings. Three buying waves Grains raced upward in active swept the pit: the last in the fin 15 minutes. All corn contracts made new seasonal highs. Whept closed 2-4-3-% algher

Deceinher March May

$2.28 %-.. $2.81. $2.8074 Corn was 2-4% to 2-14 higher. Oats were % to 1 cent higher. Bye was 2- to 2-1⁄4% higher. Soybeans were 2 to 3-4 higher.

Associated Press.

NY RUBBER

4. New York, October 20 Crude rubber No. 'Zutured closed 100 to 150 higher,

December

March

May

61.00. -54.00

18.50.

Spot No. 1 ribbed smoked sheets. 65. naming1Associated Fress.

Pacific Far East Live, Inc.

DILLEOT

Fast Regular Trans-Pacific Service

BAN FRANCISCO, LOS ANGELES,

"BURPRISE!

PROVERLAND NEW YOZE-CHICAGO-DETROIT-TORONTO, MONTHEAL, AND ALL AMRÍUCAN. A CANADIAN - DITIES.

Arrire ›

Ban Francis

Manila

Cargo tradiþipe!

"LOVIS

·WINDIAN. BEAR”.

*YLTING_SCUD".

San Francisce

Nor

Li

Blagspers," Djakärta, Bombe

San Franciscu ́&`Loji 'Anja

Dry Pargo Bass Bogná.

caused

vory

corrective selling

ual dedines at the

The

underlone was

Although big deals were searce, rubber shaves ninde spectacular advances and the demand for popular Issues appears to be gathering momentum. The inunç- dinto outlook in this section bullish.

4% Loan $8.

HK Govt. Loans

*** Loan (1931 & 1940) $ču. 79% Loan (1948) 9733b.

Banka

21 Shanghai' Rank. 1.4805. (Lon. Rep.) 4891412 Chartered Bank £18 7/100. Merionte Bank A. & D. £200. Bank of East Mala 265m. Insurancco

Canton Ins, 2605b.

Union Ans, C.

Chinn Underwriters 3.50s, HK Fire 13, 14,

Shipping

Dopplever 150m.

JK & Macso Atrambante 11n, Indo China (Prof.) 17.

(Der.) Ha

Shells (Dearer) 02/01. -Union Waterbuntą 181b,

Arlo Nav. 12 14 6.

Docks, Wharves, Godowns, Etc.

It & Kowloon Wharves (Ptán! Karth Point Wharva b.

Shanghai Houcke

Wharist b.

NIK Docks 15.20, 10. China Previdentą 17h. Shanghai "Dockyaeda” 4.1ɛb." Whodoch 24,

Mining

Rauh Aling 4.701. 115 Mures 01.

Lande, Hotels and BuildingGN KK & dhunghat Hotels 05, BIDDIN. IK Lola 4, 4.

Shanghai Lands 11gb, 1.692, 19445 Humphreys 124b.

BK Relle 2.203.

Chinese Estaiga 1799.

Public Utilkles

UK TRW 13.30h. 14.3, 14.10. Prik 'Teams' (OM) 22.

*

(New) 1954.

#tor Furrico 70

C. Lights

* (ok) 12.8Pb, 146, 10.9G/.86/vona.

(New) pub, 2.001, p.90/14 /.RÜN». UK Elvstries 280, 80340, 2934/3430. Macao Electrica” DASH,"

M

(Now) 10%.

2 แบ่ง 9h. 10us, Sandakas Lichta din, Telephones (IA) 1246.

(New) 2, 1018. Shanghai Cas 13⁄4n.

M

Industrials

Dald, Macg. (Dxd.) #24k- Canton "Jess in. Cements 30, 2, 33

HK Hopes 14b..

Dairy Farme

Stores, Etc.

(0) 14440, 16, 14.89/90/2016 (New) 24sb, sath

Watsons 266, 25340, £67íum.

1. Crawford Zúb. Blueer in.

China Emporium 84. Buổi Cu. In. l Kwong Bay Honk 800 Wing On (K) 4397 Wo. Powell; Ltd. 90."

Miscellaneous China Entéraláinédita 105h, 141 1 Canetshaltons (Old) Zign.

(New) $50.

Vibro Pilby; län.

Marswan. Investments 9/0. Marsión (CNC). "Misl Shanghai Loan 200. Bhanchal Explor, 0. Yanzlaze N. ·

Cottons

Ewos 2b, 1.206; 31.

Rubber, eto. Companies Alma Estates 184, Anglo-Dutch .40%..

Anglo Javan 49. Hatu Anams .40b. Duto Flantation. Chemor Unsted "65p. Cheng Bobbers: 4244b. Consolidated Rubbers-8b, Sun, Dominian Rubbers 1.10. Javd-Consolidated... Kelp abroo 1.b. Brocwork Javen Bob.. Langkata 45.

·Fadeng Rubberæ,45b, „1008. Rehab Baubers +506%*· Rubber Trusts` 8.405,, 83⁄41⁄2 Samanga. Rubbers ́805,'«20s, Semambu Rubbert 10b, 18. Bhanghai Kelab Pin, Shanghal-alaya 10m., Shanghal Pohang 1.205. Bhanchal Bometras 1.60%, Bus Manggis 100% Hongel Daris 29... Taiah Narahs 14/201 Tabend Rubbéré 1956, - Ziangbe Rubbers-458,

BUSINESS

་ ་ -

Direct basina) XK Batik BA $1,310, Whefuck R50, at #211⁄4, *190 at 1784 Wharf. Co. 2200 at $50, *300 at 3.

Land 000 a $35

EK & Hotel 3,000 at 88.90, Shanghai Land 1.000

#13k.

JIK Tram 500 at 924.10.

81%, 000 pt

China Light (Qld) 2,760. 313.30, 1.000

nt $18.85, 600 A $18.90.10 Chins' Light (Now) "1,600 mt 9:00.

M8034,93,000 at $9.85, 1500-1 $315, 1,000 at 8p.30, 600 st.39.40 TIK Electric 100 at $194.300 Ep. 1,100 at #3954, 703 25 139147 200 at

Tefenhora (OM) 100,at $115. Catrent 2000 AL BLAN, 409 ms 4181),

Ropa 300 #4 #1

Dairy Tazz" (Ola) F550 A 81420, FARID

Watson 100 al 21514, 60-mi 8251), 200

"E9% 1,878"AL" 29.10.").

Consolidated #3,010 as:38, 330 at XL Tadangi 1,990 95 40 centi.. *Triniti 1,500 kt J1W, 309, at #135,2017-

-30" $1.20 -3,000 61 $120, 8,000 225,

AMERICAN PRESIDENT LINES

The Global Fant

B1. George's Bldg.

20173/5.

TO HONOLULU & SAN FRANCISCO

Pras. Wilson

Prop, Cleveland

via JAPAN

Art Nov. 2 Balla Nov. 27 Salim Nov, Art. Nov. TO SAN FRANCISCO & LOS ANGELES via JAPAN Pres. McKinlay ......

Arn. Nov. 5 Sails Nov. Pros. Taft ................... Arr Nov. 13 Başla Nov. TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

Arr. Coct 30 Pres.. Tylor

Salla oot: Arr. Nov. 18 Pres. Grant-

Balig Nov.

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, COCH BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDR NAPLES, MARSEILLES. GENOA, NEW YORK' ́ ́ BOSTON

Willamette Victory ... Arr. Prob. Johnson

Art.

Nov. 1 Salls Nov. Nov. 15

Balla

Nov.

BEND LINE

SHIP "BENYORLICH* "EENMACOHUI"

"DENALDER" "BENAVON" “DENVENUE"

"BENLAWERS" "BENMHOR? "BENATTOW”. "BENLOYAL "BENCRUACHAN"

"DENVORLICH" +"GENWVVIB"

"DENATTOW" "DENALDER” "DENVENVE”

BENMHOR" "BENLOMOND"

"BENMACDHUI"

"DENLOYAL"

·

"BENAVON"

#DENLAWERS"

"BENDRUACHAN"

FROM

TME

Fan!

ARRIVALS

FROM

........... U.K. via Bingapore

316t 14th

lat

10th

17th

23rd

29th

SAILINGS

London, Antwerp, Rotterdam & Hamburg.

· London, Antwerp, Rotterdam, Hamburg and Holl

Loading on on

294

21st

176

17t

London, Antwerp,

140

Rotterdam & Hull.

260

Liverpool, Glasgow, Dublin, Havre

Brd

A Rotterdam. (Havre, Liverpool,

Antwerp, Rotterdam

Hamburg.

f. Liverpool, Glasgow,

Dublin, Rotterdam & Antwerp,

Accepts Cargo for Gincm. tAccepta Cargo. for Havré. Vis Bingipore, Colambo, Pork Bugan,"AdIN, & SHIL"

For Further Particulars, Apply To...

W. R. LOXLEY & CO. (CHINA) LTI Agents York Buildlog.

Telephone: 341

M.V. LA MARSEILLAISE

Autumnin Japan.

10. Days away only

Hongkong Sailing 9th November 3 Yokohama -Arrival 12th November."

Kobo

Hongkong

Departure 16th: November

-Arrival 19th November.

1st Gloss—HK$ 810 to HK$970. --

Tourid—HK$ 580 and HK$615, –

Excursions in Japan arranged an"application.

Cie des MESSA

MARITIMES