1950-11-09 — Page 11

RIL

ROYAL

INTEROCEAN

• SINGAPORE, JAVA

PORTS and

MACASSAR

VAN HEUTSZ” **TJIBADANE”

"TASMAN” •

“TJYTJALENGĦA”

1

ARRIVALS

In Port

14th Nov,

.I2nd Nov,

LINES

SAILINGS

10th Nov. 24th Nov.

in Dec.

10th Deo,

• Only to Bingapore, Fesang ↳ B. Dell

→ MANILA, EAST &

SOUTH AFRICA and

SOUTH AMERICA

TEGELBERG”

“EJIKAMPEK”

“BUYS="

JAPAN

*THÍBADANE"

***TEGELAND (***

***JIKAMPIOEN

-"BUYS“.

ARRIVALS

16th Nov.

15th Dec.

ARRIVALS

11th Nov.

19th Nov.

Kth Deo,

4th Jan, UI

SAILINGS

Roth Nov.

7th Deo. 10th Jan, '1

London Reacts Strange Paradox

To Elections

London, Nev. 8

The London Stock Ex- change showed widespread flompes the results of the American elections became apparent.

International #Books

anticipa strengthened La tion of a more favourable trend on Wall Street.

Financial Times" · Index 110.8. Asodatéd Press,

AMERICAN COTTON

SAILINGS FORECAST

27th Don

SOLL. DIDO.

-

Agents: HOLLAND EAST ASIA LINE

• EUROPE via MANILA

end MALAYA

"RIJNKURK”

**LANGLEIBOOT"

*MARIEKENE”

Through : 30/L

ARRIVALS

19th Nov.

Mla Deo,

inued to

European. Forts.

O JAPAN

“RUNKERI”

“LANGLEESCOT”

Mediterranean and Northersa

ARRIVALS

.11th Nov,

SAILINGS

12th Nov. 10th Dec

10th Jan. "5】

SAILINGS

וי

tind Nov. Mild. Deo.

SMARYEK KRK"

6th Dea.

fth Jan, '1

"KINGSERUILDING, VICIOUNES, VIKAOBRAZ

TARINI SELAGEN INDRET KÖNNBORF÷ROVİZEMLESSORSONAL

AMERICAN PRESIDENT LINES

The Global Fleets

Balls Nov. Et Salls Dec. 19 ANGELES

TO HONOLULU AND BAN FRANCISCO“

via Japan PRESIDENT CLEVELAND „Arr. Hes, 17 PRESIDENT WILJON KI). Dec. 18

TO SAN FRANCISCO AND LOS

VİS OKINAWA & JAPAN- FRESIDENT TAPE ăr. Nar, 13 Gabe Wev. 18 PREZIDENT MADISON ... Arr. Nov. 23 Beds Nav. 19 TO NEW YORK BALTIMORE AND DOSTON Via PACIFIC COAST AND PANAMA PRESIDENT GRANT . Art. Hav. 14 Salty Mar, 15 DARTMOUTH VICTORY A. Des. 2 Beds Dec. 18

BOUND-THE.WORLD

Via Manila, Singapore, Colombe, Cochin, Bombay, Karachi, Bues, Poet Bald, Alexandria, Napilo,

Marseilles, Genon, New York and Boston, PRESIDENT SOUNDON *** Arr. Nov. 24 ·.· Ballz Mar, 13 PREZIDENT MONROS ..........ÄTT. DIE 4 Balls Dec.

TO JAYA AND STRAITS · PRESIDENT FILLMORE ... Art. Jam 12 Dalis Jan. 15 FILESIDENT TILER. ...............Arz. Feb. 1 Dalis Fab.

GÅNGOCAIER PREVIENTS CANGO DAMAGE ST. GEORGE'S ELDG.

PHONE 23175/5.

IVARAN LINES

FAR EAST SERVICE

FROM U.S. ATLANTIC COAST PORTS LISHOLT". Due about 15th Nov, 1950, V." "IGADI"

d.

..

n

29th Dec. 1950. SAILING FOR JAPAN, LOS ANGELES AND U.S. ATLANTIC COAST

VIA PANAMA CANAL ....

*LISHOLT""

In

1.M.

Tin Market

(FROM OUR OWN CORRESPONDENT)

.

London, Nov. 8. It is a strange paradox that while representa- tives of producers and consumers are meeting at Geneva to decide what is to be done about a sur plus of tin, which may never arise, the actual shortage which has been evident for some time is daily becoming more acute.

It has been accentuated in the past few days by a renewed fear of Communist encroachment on

India Raises JARDINE, MATHESON & CO.,LTD,

Cotton Duty

New Delhi, Nov. 8. The Government tonight announced AD immedi- sto Incresso fa the export duty on raw coltan of from 100 to 400 mptes ($1 to $84 or £7:10:0 to £30) per bale of pounds.

FREIGHT AND- PABBAGE DEPARTMENTS

16 Pedder Street, Tal. 20811.

INDO-CHINA S.N. CO., LTD.

... "PRONTO"

400

WIS

*

KL. "WINGRANG"

... "EBANG” *. "HINDUSTAN” 14. "HANGBANG"

Also imposed new export duty of 50 per cent ad valorem · on 'wool.

Asociated Press,

Gyrations On

Far Eastern producing areas the result of Wall Street

Chinese intervention in Korea and of the wars in Tibet and Indo-China.

Against this background it is not surprising that the price of tin has rien by £300 with in a week to being it to a fan- Lastic £1,300 a ton.

But like all other means of tackling this complex problem of shortages, somebody must take the lead in organising, the necessary international action. The question in, who?

The

New York, Nov. 0. stock market rushed ahead at full speed today, came to a full stop, and slowly settled It was the Arst chance traders back for the rest of the day.... had to appraise the surprising strength shown by the Republi can Party in. Tuesday's national dections, wild in the first

ran Buyers

or

Prices shot up one to a round three the dollars a stfare, and soon market value of all stocks listed on the Exchange rose by rough- ly one billon dollars.

of din (and other commoditie HONGKONG 80 of trading.

SHARE

MARKET

Washington, Nov. 8. Tho Agriculture Do- partment, in an official ro

Nor would it be surprising port today, estimated that it an international conference the 1950 cotton crop is were called to discuss what is 9,945,000 bales of 500 to be done about the thortage gross weight, mcluding rubber) before the AI- pounds which is 76,000 above the Geneva Conference enda

ready the Arst whispers of October forecast.

such

a move are being heard This is far below the 1949

here. production of 16.128,000 balea.

is clear

the that if The small 1980 crop created the possibility of shortages be shortages of tin and rubber are fore the 1951 crop is harvested to be overcome one or both of two things must happen-pro- and also resulted in Govern duction must be increased or ment restriction of exports to

the situation in the Far East eight 2.140.000 bales for the

radical change months ending March 31, 1951. must undergo

The first 10 Officials sold It maybe for the better. possible, to increase the export virtually impossible; the second

because of

the larger in extremely unlikely. quota

This Icaves the question of estimate than a month ago.

Because of the small 1050 physical controls to be tackled international scale. crop the Department has sus on pended all production and mar-America has already imposed keting controls for the 1951 control on the use of rubber for civilian consumption but since the supplies set free by this DOCKS, ETC. means are immediately absorbed into the stockpile, it has failed to check the upward trend of

crop.

an

The Secretary of Agriculture, Mr Charles Brannan, bas said the farmers should produce at least 10,000,000 bales in 1931 to assure the United States ample price. Similar controls placed supplies.

on tin consumption would prob- Production

Americanably have precisely the same Egyptian cotton is estimated at result.

with compared 59,300 bales October forecasts of 62,000, against the 1949 crop of 40,000,

Associated Prees.

of

Valuable Find

f.:

Of Potassium

The

no doubt think

no

uppermost in'

MONETARY ACTION!

international allocation, dim- supply which overcame culties during the war, could only be made effective, it all producers

and

co- cantumbre operated whole-heartedly difficult condition to ensure at the present

But there is popaibility "the minds of Western power officials who are economic problems studying arising out of the rearmament programmes. London, Nov. 8.

Another means of controlling Britain's dependence upon

for the heelle suumble for supplies of supply foreign sources

this morning by potassium will be, ended as a la surrested

Hobson, Bnancial editor. result of the discovery in East Oscar Yorkshire of large, workable of the "News-Chronicie.”. He deposits sufficient to satisfy this belleves international monetary have the destroq might solon country's requirements for 140

Ho writes with typical 'can- Dr Alexander Fleck, group dour. The most effective way director of Imperial Chemical Industries, Ltd., said the exis- of making the private indus- tence of the deposits had been trialist disgorge excessive stocks

is to deprive him established by brings during nnance necessary to hold these the last two years.

So far, at least 200,000,000 stocks or to make credit facili-

years.

1

of the

tons of potassium chloride has us more expensive than they

Alternatively he suggests that

bubble

trickle

and

Doon col- to a

prices

qually re from their peak. Closing

Third-Wan fhir- dctivits on) costions wety pulls up 4a much

Exchange this the Stock morning, the half-day, turnover as two dollars or so a, sharo being $587,905. -

Roughly one-third of the total and business was done in the first The morning's business

hour. Turnover for the full noon rates were as follows --

weren Gains

for. Bay posted BRAR DUTERS SELLERS BALKA session totaled 1,840,000 shares, DANES

Jik Back 200 1300 20 1540

201310 Lasues, and 137

Only 55 1540 one of the 15 most active stocks 201540 declined. Fourteen issues touch- 60.20 od new highs for the year or

Four hit new lows,

INSURANCES

Cantoh

K. Whart

N. Pt. Wharf 5.60 Dock

Provident Wheelock

LAND, ETC

1412

IK Hotel T UTILITIES

STEM..... 29

ני 19.

50616

long the gainers were Ad-

Pmiral Corporation, Sunray Ou,

Grum 15 Sinclair Of Motorola, 10ffman Aircraft and U.S." Gypsum." Dow Jones averages: Stocks 1000 © 201

80.48; 20 Industrials 224.25; 15 #10097%Rails 03.02; 10 Utilities 40,00,-

Associated Press.

Sead And Oil Prices

New York Nov; D.; 28 1000 @ 14.30 Prices in the seeds and o

2500 24.3

market here closed today un- 600 155 changed with the

exceptions-

14 1000 19.75 609 G 125

P. Tram (0)

Star

Lgh 14

← LÁKA (8) BY DE

Electric

....

0.00

Telephone INDUSTILIALE

Cement 1716 STORES, ETC.

Dairy (Old) - 14

Ok

1194

160 @ 1816

400 200

Daly^(M)

2.: Crawford

COTTONS

following

180

· Brazilian Port A Flaxseed, per long ton; 7.0.0.

Memphis r

-Unifed' Press

NOTICE TO CONSIGNEES

JAPAN

PROM

Cereignen sier Bhig W/S "ITOLA”

are hereby notifed that their cargo wil be discharged into the Hond kong & Kowloon Wharf & Godown Co. 214, where it will be at cop- Ewo....... 12.30 51% 1000 @ 200 steer risk and expense and elb- jocs to terms and conditions of storage of the Hongkong & Kowloon whart & Godown Co., Ltd Th delivery from and After the win November, 1834.

Quieter Market the Godown on Bod In London Tin

London Nov. §.

Cargo is considered as being no- cepted in good order and condition been found within the surveyed are today."

by consignees, uniem broken, chafed area of 12 miles, Dr Fleck zaid.

the Godown for subsequent Potassium is au essential in-as genuine shortages may well Movements, in the prices in and damaged packages in let lo by 350 Goddard a

•exist, whi

"higher prices for scarce London were little more amination gredient In the human and

commodities plus an appro-modest at the morning, neasion Douglas in the presence of con animal diet as well as an essen-

Muyomber, 1830, in total in today. The turnover was :83ICER AT 10 Row on the 13th tial component of soll ferti priate reduction

the tons, including 20 tons for

with

General comes would soon bring

To comply

the Bonded Warehouse Regulation, OD Prices closed today at the sites must have a Revenue Officer in attendance when dalabin goods end of the official morning are examined,

lisers

At present Britala spends equation Info balance again.” around $10,800,000 on potassium ImportsAssociated Press,

Conservation

Grain Prices session as follows:

Of

In

Steel Supplies

21

Washington, Nov. 8.

Chicago

Chicago, Nat. Be Prices of grain futures cidad The National Production. Au- | hire tođây as followness A

order Whastic per bushel,

2.ITK thority today issued an almod at insuring” supplies of Spot

amall bud December

stool products for

ness firms

alhot which

Jus

Com It requires steel producers to steel wanchotics.--

small business December

shares of the March. (1901)

MAY Salls about 16th Nov. 3950. steel that producers have loft July

80th Doc. 1950. after filing

Oficialce orders,

the Government Did the 1940- house in burn was be expect ed to habitsin/nomet prin relationships, although no price cetings five bon act by the main

Accepting Transhipment Cargo for West

Indios and South America

For freight and furth er perffiutare sp

WALLEM & CO. LTD.

Bank

December

1.00%

· 1.4795-8

December maren (1981)

New York Flour-per 200 15. muck $12.55-United Fram

tin, buyers

Spot Lin, ciless,

Bustnem done

1.290 1,300 1,300

'Three-months to buyers 1370 Three-months tin, sellers. 1,218

1,353-1275 Burtnies dote, at Settlement

1.800 -United Prem.

All darmgod cargo, cisima egatsel the steamer, must be presented to the undersigned on or before the Eith November, 1950, or they will hot be repogosted.

-·, No. fire - Istrance will be effected. No, claims will be admitted after the goods havė, been taken delivery at ex ship's side or altenatively ex the Hongkong Howloon Whart & Godown Co Premises unde a

effected.

LONDON RUBBER ver has previously been

Shaped By London, Nov. 6.

Prices in the rubber futures market, here closed today an follows:-

No. 1 rubber (in oessta

Det bl

"EBANG"

BAILINGS TO

Tiontain

„Straits & Calcutta .Japan

.Jesselton

dakan

4p.m. 9th Nov. stee 10th Nov.

15th Now.

16th Nov.

Bist Hov.

ARRIVALS FROM

Japan

12th Nov.

18th Nov.

15th Nov.

SEMPORNA via

Otraits,

Bangkok & Balgon

1.8. "HINDUSTAN” ..Oxlcutta,

*.*. "TAKSANG" ..Tientair

Cargo accepted on through Bills of Lading for MBAORABLA- PONDICHERRY via Singapore and for KŪDAT, JESCELTON, LABUAN, TAWAU, -LAHADDATU 4 Bandakan.

AUSTRALIA CHINA LINE LTD. -

BAILINGS TO

2015 Nov.

* "EASTERN 'GLORY"

Brisbane, Sydnay, Melbourne, & Adelalde ..... *m.v. “KAFIRISTAN?

Lac, Drisbane, Bydney, Melbourne & Adelaide 4th Dec,

ARRIVALS FROM

* "EASTERN GLORY"

Australian Ports via Japan

20th Nov.

"Cargo accepted on through Bills of Lading to Tasmanis, New Zealand and Pacifio Island Ports.

GLEN LINE LTD.

SCHEDULED SAILINGS TO UK. AND CONEREDIT

m.v. "GLENORCHY"

P Loads 16th November, salle 20th November, for Straits, Colombo, Aden, Buez, Port Baid, Alexandria, Genoe, Hamburg. Lodden, Antwerp, Rotterdam/Amsterdam, Due London 1st January's

m.v. "GLENARTNEY"

Loads 4th December, Balls 7th December fer ·Gwalts, Colombo, Aden, Busz, Port Bild, Tangler, Casablanca, London, Antwerp, Rotterdam/Amsterdam, Dua London, 14th January..

(Carriers option to proceed via other porta to load/dischargo, cargo)

SCHEDULED ARRIVALS FROM LONDON

m.v. “GLENARTNEY" m.v. "BREÇONSHIRE" m.v. "GLENBARN" m.v. "GLENGARRY"

Leave London

Haws org.

Dlocharging At Hell's Wharf.

Balind 4th Nov, 21st Nov.

INTERMEDIATE SERVICE

MY. "FLINTSHIRE"

༄ཀ ཀཙྩེ ས ༄

Balled

PRINCE LINE LTD.

due H.K.

20th Nov.

Bin Dec.

- Doù.

ARRIVALS FROM US. ATLANTIO & PACIFM FORES

Dus H. Galis N.Y. Balls GJ.

17th Nov. m.v. "CINGALEGE PRINCE"Due Buoy A1 p.m.

Balled 15th Nov. 12th Dos. m.v. "BRITISH PRINCE"

14th Nov. 3rd Dec. 30th Dec. miv. "EASTERN PRINCE"

BAST COAST, CANADA'a U.S.A. via SUES. m.v. "CINGALESE PRINCE".

Loade 17th Nov.

for Djakarta, Otralia, Colombo,

· Halifax, Boston & New York. m.s. "BRITISH PRINCE

Loade 12th Dasy for Japan, Philippines, Java, Blága poro. Otrálts Colombe, Halifax, Boston and Mew York. Vezel may call`ei Balgon and Siam...

Cargo for Bt Jahn (M.; B.) Montreal and Elarasuda with tanehipment at Halifax or New York Leat All the above subject to alteration without, metios. All Intending Passengers ahauld reġistor their oxmes as far as possible in advance of the time st which they wish to leave.

PACIFIC TRANSPORT LINES.

'alnom smycts

ARRIVALS FROM SAN FRANCISCO

... "HONGKONG TRANṛPORT

"PACIFIC TRANSPORT" "AMERICA TRANSPORT"

4. "PHILIPPINE TRANSPORT":

BỘ HONGKONG. TRAN PORT

Salls B.F.

#Balled

11th Nov.

Bath Row.

Das H.K. Both Nov,

8th Doc. 25th Doc.

4th Dec. Jan.

TO TAKUBAR, NAGOVA, SHIMIDZU, YOKOHAMA Hogʻi vildafla da MadeDae HIX. 2014 Ho Thi Da TO TAKUBAR, KOBE, NAGOYA,

SHIMIDZU, YOKOHAMA, HONOLULU 4 USA.

Dua B.F. 3rd Jan.

Hongkong, 9th November, 1900.

January/March (131)^ ~

0715-2012

H -25 34 +55

United Press

NOTICE TO CONSIGNEES

LE “PACIFIC TRANSPORT”

*

Such Hasociated Pecas - XXchange Rates the cotton, CPA prices The Hook ged into the Hong

condadown here will be

26 Consignees, per TEXTILE MARKET

#tatea #inquuchip Company New York, Nor, B. The cotton textile market was CCAA Schacha) 5. Dant" firm. Mile and buyers awaited are hereby nutised that their cargo

Forecast for 13 belag

“Whart.de: Godown trend slus, to the

mibject to the US Cotton Exports Bunny was done in the local crop reporting board, raised its

of Mom on cotton production this Tots, ##961-0. So withinkton, Now. moming at the following rates:

A spokesatanid the Agricule stating pote (perl) ... 16.10 year by only 70,000 bales over In ture Department expecta: to US dollare, (per (1)

20.80 brought sharp upturn- make some

announcement on indonesia suikers (per 100) 185 indications in month ago and

Blam sicals (per:100) vs.

354futures-pelot Thursday on the cotton export agapore (Stenda) situation United Fres

SAS

.C. 6➡ SERVICE

tinofacial exchange

IC plastzpe (per 100)

قاطع

6.42

Record UK Footwear Exports To America

vo vita a big gw lop

London, NoT

Britain is exporting 3,000 dozen pairs of boots and shoes to the United States per month"""and", 2,000, dozen pairs a month to Cans

8th De

Through bills of lading lesund, to any Port In North America & to South American Porta.

JARDINE, MATHESON & CO. LTD.

18 Pedder, Street

wherford condition storage, Rod where delivery may be softa angivend

Demired packages are to be left In the Godowns: Lax, exsroination by obtaizen e

Consienses and the Company's mLF-

Carmichae veror Clarke at 10 am on the 11th November, 1000. Pavo do.

A

To comply with" the - General Bonded Warehouse Begulations. must have a Bavenio

Onew in aftendance when damaged

dutiable goods are examined.

The "wool goods market was firm and quiet.

Demand for rayon goods wILI alow Asociated Pres

COTTON IN NY

New York, Nov. 8. No Malms will be admitted atter Cotton futures were firm on the goods have, left the steamer's rodown, and call !!goods - remaining trade buying and short covering undelivered – atome, klae 13th) Hayaan- induced by a smaller than ex-| ber, 1909 will be subject le rent, pected Government forecast of All claims against the uteriner the 1000 crop Futures closed must be presented to the Unders 82.15 a balo higher to 25 cents signed on or before the 20th Novem lower

Prember

Harold Wilson, President of). Total exports for leather and October the Board of Trade, announced leather goods in, 1938 were just youzaber there: figurds at a Fondon under

1:200,000 qui modling spic Exthering of the Leather Fool rata la, la during 1950' 24 #49,- wear and Allied Industries: **- 60000% ad amb el port Corporation Liderich

He said

Aptwear were, at the curre

record?

high of nearly $38,30

Cotton

STEAMSHIP

AN

Tel: 30811

(CORPORATION

Pehching adi belgilans. 192

MA

MOBIL ALA UJA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

FROM US, ATLANTIC COAST VIA JAPAN

14. "ANDREW JACKSON"

RA, “ALAWAY" Paul Boas, 1900 hor: they will not be ru

No Fire stranos: will, ---be-at-

DODWILL-& CO, LTD.

the works for Agents, Hong Kong, Tiiv November, 1990.

ICE TO CONSIGNEES

Due about.... 18th Nov. 1968+)

27th Nav. 1950

"DIRECT FORAZE NEW YORK, BALTIMORE & PHILADELPHIA VIA JAPAN & HONOLULU.

1. "ANDREW JACKBOŊ" KK "ALAWAIN

Balls about...

18th Nov, 1956

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

CURSION GULF PORTS.

WALLEM & CO., LTD.