1950-11-27 — Page 11

R.I.L.

ROYAL

INTEROCEAN

• SINGAPORE, JAVA

PORTS and

MACASSAR

"TASMAN"

“TJITJALENGKA”

"VAN HEUT9Z"

"TJISADANK”

ARRIVALS

In Port

7th Dec,

21st Dec.

LINES

SAILINGS

1st Dco. 10th Dec. 17th Dec. 20th Deo.

* Only to Singapore, Penang & B. Dell,

not calling at Singapore.

• MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA

"THPONDOR"

"TJIKAMPEK"

"BUY"

"BOISSEVAIN”

⚫ JAPAN

“TJIKAMPEK”

**TJIPONDOK“

BOISSEVAIN"

BUYS"

ARRIVALS

7th Dea

15th Dec. 18th Jan. '51

ARRIVALS

5th Dec,

4th Jan, 251 5th Mar. '51

SAILINGS

7th Deo. 10th Jan. 51

7th Mar. '51 ·

SAILINGS

10th Deo.

Zoth Deo, 23rd Jan. '51

Agents: HOLLAND EAST ASIA

EUROPE via MANILA

and MALAYA

LANGLEESCOT""

MARIEKERK"

MELISKERE”

ARRIVALS

.28th Nov.

13th Dec.

· Mid Jan '51

to

Through Bs/L sped

Mediterranean and Northern

* ARRIVALS

European Ports.

JAPAN

ANGLEESCOT"

TARIEKERK"

ELISKERA"

LINE

SAILINGS 17th Doo. 10th Jan. 51 10th Feb. '51

SAILINGS

1st Dec.

18th Deo.

10th

8th Jan. '51 9th Feb. '51

Dec,

Mid Jan. '1

KINOIS, BUDDING TECHEIOSIS, AUK 10 THIE-

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis

SAN FRANCISCO, LOS ANGELES

AND

NEXT SAILINGS

M.S. "LEXA MAERSK”

M.S. "SALLY MAERSK❞

M.S. "MARCHEN MAERSK”

PANAMA

Dec. 4 Dec. 17

Jan.

1

TANKS OF ALL SIZES AVAILABLE FOR BULK OIL

ARRIVALS FROM U.S.A.

M.S. "SALLY MAERSK”

M.S. "ELLEN MAERSK"

M.S.

"MARCHEN MAERSK"

In Port

Dec. 2

THE CHINA MAIL, MONDAY, NOVEMBER 27, 1950.

11

World Producing HIGH PRICES WORRYING JARDINE, MATHESON & CO.,LTD.

More Wool

Washington, Nov, 28. The Agriculture Depart- ment Bulletin "Foreign Crops and Markknig" .mid world wool production is continuing to risc, and estimated that 1930. pro- duction will total 4,000,- in- 000,000 pounds, an crease of 140,000,000 pounds over 1949.

The report said, "Demand had been stronger for fine Woola

Production major importing countries showed a high overall in- crease and there were in- dications in most eönsming countrica that the down- ward trend of production be halted."--United may Press,

MOVES FOR CURBING US INFLATION

PRODUCING INDUSTRIES

(OUR OWN CORRESPONDENT)

London, Nov. 24.

Primary producing industries, which a short time ago were strug- gling for existence, are now feeling concerned about the high prices their products are commanding today." It is not the fear of a sharp reaction that is worrying the producers so much as the possibility of increased produc tion and development of new synthetic materials to offset the high prices which must be paid for natural products.

Tho

I

FREIGHT AND PASSAGE DEPARTMENTS

18 Pedder Street, Tei, 30317

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

***. "EASTERN

QUEEN"

KK. MANGBANG"

| 0.2.*"TAKBANG” 8.0. "WOSANG" *.*. “HINGBANG"

*#. "WINGBANG" |00. "PRONTO"

| 3.0, "KUTBANG"

LEILINGS TO

Japan

Noon

Nalung

27th Nov.: Noon 27th Nov.

Tientela

Noon 28th Nov,

Btraite, Rangoon & Calcutta

29th Nov.

Gnndaken

Noon

2011 Nov.

ARRIVALG FROM

Keolung

ard Dec.

Tiantain

Brd Dec.

Calcutta & Strate

18th Dec.

Cargo accepted on through Dills of Lading for MADRAS & PONDICHERRY via Bingapore and for KUDAT, JEGSELTON. SEMPORNA via

HONGKONG LABUAN TAWAU, LAHADDATU

SHARE MARKET

Interest is solective and These fears are particu-| firm. larly

pro- recent signs of break-way from felt by rubber

the dividend-freeze polity has ducers who are faced with become a factor in the market. the prospect of a permanent Firmness of this section is also

assisted

by the limited turn- large-scale production of synthetic rubber in Amert-over which is accounted for by

the fact that

attenfion Ja for- ca. But more recently, cussed many

оп

capital wool, sisal, cotton and jute Issues now being made.

chief point interest in producers have begun to realise they are not immune foreign bonds market has again

been la Japanese which re- The turnover on the Stock from the modern tendency gistored gains rumours of Exchange this morning

conclude to to convert to cheaper syn-renewed efforts

a valued at $208,725. The PERCO

Treaty with Japan

day's business and noon prices thetics.

Rubber shares which were were as follow: depressed last week because of the threat of heavy export duty in Malaya showed disposition to recover an receipt of the news that the tax was to be recon- sidered.

UM

BANKS INSURANCES

Oandakan.

*

AUSTRALIA CHINA LINE LTD.

BAILINGS TOŊ

•

".. "EASTERN GLORY"

Brisbane, Bydney, Melbourne, & Adelaido 1st Dec. *m.v. "KAFIRISTAN"

Leo. Brisbane, Bydney, Melbourne & Adelaide 11th Dec.

ARRIVALS FROM

WAS half

14. "EASTERN GLORY"

Australian Ports via Jupan m.v. "KAFIRISTAN"

SHARES BUYERS SELLERS BALEN

IK Bank.. 10g

47 10.1340

Laloo

670

DOCKS, ETC. K. Whart Dook #hat Dock

Wheelock LAND, ETC.

1024, 2004

..

20th Nov.

Japan .... 10th Dec.

Cargo accepted on through Bill of Lading to Taxmania, New 675 Zealand and Pacific Island Ports.

143%

100 g 251%

500 1.70

7.70

HIK 1.18 120 800 1-36

It is fairly safe to say that no manufacturing industry likes to use synthetic materials when Washington, Nov. 26. natural product is available at Moves to curb inflation by a price which loaves a reason self-control in labour and in-able profit on the finished article afier production costs have

The announcement that job- dustry rather than by strict

been taken into account. But

bers in gill-edged market must Government regulation ap many of there Industries are in future furnish the Bank of England with an annual state- pear in the making.

now faced with supply prob-

ment of their financial position A select group of top busi-lems that leave no alternative,

fa- with an audited certificate stat-UES ness and labour

production costs leaders are

because of the rising ing the amount of the firm's ret planning B reported to be

materials in New York price of raw

the assets was generally welcomed manufacturer either

to in the City--London Expresa on Tuesday with that Idea

profits prune his

or increase | Service. for his product. have been invited are involved

tail pricer are already in one of the biggest union-

so high that sales are dropping industry struggles of the day of and any further increases the wage increase drive in the would frighten customers away steel industry. These John Stephens, Vice-President altogether. This applies no less

secret meeting

mind,

When cretisa

Two of those reported to retall price

But In many cades

ard

"Steel of the U. S.

Corporation, and Philip Murray, head of Industrial Organisations and

Steel Workers' Union. Arrangements for the New

its

leaders

D5

of the

big defence build-up.--Asso-

ciated Press.

Nov. 27 Rubber Price May Decline

For Freights and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Tel. Nos. 26661-9.

AMERICAN PRESIDENT LINES

The Global Flee

S.S. PRESIDENT CLEVELAND will sail for

HONOLULU and SAN FRANCISCO via: Kobe and Yokohama on. TUESDAY, November 28, at Midnight. Passengers are requested to board the vessel on Tuesday, November 28, between 8 p.m. and 10 p.m. Baggago-room and Hold baggage will be received in Godown No. 50 of the Hongkong & Kowloon Wharf & Godown Co., Ltd., entrance through Gate No. 2, Canton Road, Kowloon, on Monday, November 27, from 8 a.m. bo noon and from 2 p.in. to 5 p.m.

BEN LINE STEAMERS LTD. FAST SERVICE TO UNITED KINGDOM AND CONTINENT

BY

S.S. "BENAVON"

LOADING HONGKONG 29/30th NOV.

FOR LIVERPool, glasdÓW, DUBLIN,

ROTTERDAM & ANTWERP.

VIA KOHSICHANG, STRAITS, COLOMBO, ADEN, PORT SUDAN, & PORT SAID.

V. R. LOXLEY & CO., (CHINA) LTD.

York Building. ›

Tula adoh Wanted.

Washington, Nov, 20. Trade authorities' expect the price paid in the United Nations for natural rubber to continue

to the export prices.

High prices are therefore not

Com-

$20

US Business

Conditions

Maintained

areas waS

Tren

„Etse Ferry

13.20

10019.30 309 € 13.30

"Light" (0) 14.75 1514 10

C Light (N)

Electric.. Telephone. Tel. (New) INDUSTRIALS

Cement.

Hope STORES, ETC.

Dairy Dalty (N)

Watson

GLEN LINE LTD.

SCHEDULED SAILINGS TO UK, AND CONTINENT

m.v. "GLENARTNEY"

Loada 3rd December, sajla 7th December for Straits, Galambo, Adon, Buer, Port Bald. London, Antwerp," Rotterdam/Amsterdam Hamburg.

January

m.v.. "BRECONSHIRE"

Due London, 14th

Loada 19th December, saila 21st December, for Straits, Colombo, Adan, Svex, Port Bald, Alexandris, Genoa, London, Rotterdam/Amsterdam, Hamburg and An-

twerp. Due London 1et. February.

(Carriers option to proceed via other ports to load/discharge cargoy SCHEDULED ARRIVALS FROM LONDON

DIS

12

1371

1219

14 1411⁄2 300

1900

12.05

12.00

2234

m.v. "BRECONSHIRE"

m.v. "GLENEARN"

Leave Landon

Baller Salled

Die H.K.

1st Doc.

·

8th Dec.

m.v. "GLENGARRY" m.v. "HADNORSHIRE”

21st Nov.. 6th Dec

25th Nov.

10th Jun.

m.v. "FLINTSHIRE"

INTERMEDIATE BERVICE

Sallod

11ttz Dec.

Turkish Tobacco Crop Lower

83 advantageous to the primary producers as they would seem to

The International

Con- be. ference at Geneva which dis- York meeting have been kept

New York, Nov. 26. cussed the commodity scheme reported for tin Was

Favourable secret But it

broke down

business condi- because tions were well sustained in R that industry had suggested

America

was far more con- Mr Murray, and, along with

cerned about the present short-the past week, although total such

of labour SUSTA

and the

Washington, Nov. 20. ago

high price of Un activity was reduced somewhat American Federation of Labour

Thanksgiving holiday

The Agriculture Department by than

possibility it was

with the President William Green

and

And

closings. The stock of future surplus.

market reported today that the tobacco John L. Lewis,

chich

crop for 1950 in Turkey was of the doubt the shame attitude would reached a new 20-year high and

Har electric power output rose to1 a now estimated to minca Union, are to attend.

be slightly be adopted towards any similar The main

new all-time peak.

below that of 1949, but still 20 purpose

to be

proposal regarding other

Improved retail trade in all per cent above the 1048 har- meeting was

modities which are at present in

principal

the out- effort to achieve price and wage short supply and commanding a

vest. Turkish exports of 10- on the atability by voluntary

standing feature

con-bacco means high price

were also reported to while going ahead with full

sumer front. It was the second have decreased in the first eight THE ONLY BEMEDY civilian production and 'employ-

months of

1950 about 40 per The only remedy for short-week in a row, that cash regis

tere played a merry tune, cent below those of the same ment and still continuing the

to increase production res is but this is not always possible who predict a good Christmas

giving comfort to economists period of 1849.

in a report on tobacco condi- at least not in time to have any shopping season.

tions elsewhere, the Depart- short-term effect on the market

tobacco.pro In addition to a larger foodment noted that situation. If productiona

duction in Argentina increased a distinct but capital could be found to effect dinner, there

sales of heavy ports declined, and that French the increase what would hop pick-up in

the Morocco's tobacco production in pen when the present abnormal clothing coincident with

1950 remained about equal to demand, especially non-commer-

appearance of winter weather,

The weekly review of Dun the first half of 1030 were about that of 1949, but imports in cial demand, slackens! Obvious- ly many producers would go and Bradstreet mid some efects bankrupt and there would be of Federal credit curbs were 60 per cent below the manu unemployment and posxoducing sales of large

becoming apparent in reduced period of 1949 United Prosa

appliances, some dial unrest in the

furniture and card. areas.

It will be interesting to The botter demand for almost to decline somewhat during the what proposals cre put forward af kinds of goods brought a rest of this year. They diet next month's meeting of the rise in wholesale orders for both closed that the Government's OEEC which will examine

prompt shipment and future

with spring mer National Production Authority, supply and demand position for delivery,

materials In which is a branch of the Com-raw

Europe, chandise figuring prominently merce Department, controlling 401

America will be represented in ordera booked for later

means attention.-Associated Press, the use of rubber, had decided at these

of ensuring will be on a reduction of roughly 30

30 that

supplying ber cent In consumption of natural rubber by American in-indu

Industries dustry during the first three ment production are kept alled. Whatever transpires from this months of 1951. This will be

is certain that econo compensated by an equal in inte

Cons

will have to of alve la availability

to military necessity synthetle for the use of industry here, so that the total rubber for some time to come.

A great deal is heard these consumption of both natural and synthetle, will remain at day about the British aircraft

relatively small group

of Its present rate of 80,000 tons industry but the extent to which

Washington, Nov. 20. Omcial sources said there will which comprise the industry is

Britain's helping

The Government has announ- export drive bo 40,000 long tons of natural

Iced plans to expand the nation's is often overlooked. rubber available to industry in

Figures must to hand show aluminum ingot production by the United States in January the industry's exports for 100,000 tons a year.

totalled 1051, 85.000 long tons in Fe- | October

General Bervices Administra £2,531,307. in bruary and 35,000

long tons

the first ten months of tion has entered into an egree Spot rubber, unbaled

Black crepe ... March. This

is exclusive

of this

Reynolds of aircraft pient with

MetalNo. 1 pala wepe year exports defence requirements but la- and

have been Company to build hew $7,000- components dustry sources reported earlier

Her running at the annual rate of ton plant to be ready for pro- week that they considered £35,250,000, this

£1,000,000 more duction early in ‍1952. the United States Government had temporarily supondoj na- tural rubber buying for stock- pile purposes to all practical

Creased - even. pssuming that purchases for the Thanksgiving stocks were low and in-

creaso

intents and Proxy.

£

talks

ond

to sou

the

Pipe in reana"

Arms

Expansion Of

US Aluminium

Production

Pres. Pierce Due Hore Next Month

The

President 63

Plorco (American President Lines). salled from San Francisco on Nov. 21 for Hongkong via Manila and Suble_Bay, and la due to arrive in Hongkong on Dec. 12 and sail on Dee, 18 for Okinawa, Kobo, Nagoya, Yokohamin, Otaru, San Francisco and Los Angelos,

Singapore Rubber

Singapore, Nov. 25.

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

Number 1 rubber,

per b. November

December January (1067) Number 3 rubber,

November Number 4 pubber,

November

103-104

1501-1001

154-158

PRINCE LINE LTD.

ARRIVALS FROM U.3, ATLANTIC & PACIFIC FORTS

Salla N.Y. Balta 8.F. Duo H.K. m.v. "EASTERN PRINCE" 14th Nov. 6th Dec. 2nd Jan.

BAST COAST, CANADA & USA, via SUEZ

m.v. "BRITICH PRÍNCE"

--

Loada 12th Dec, for Japan, Eniifppleos, Java, Binga. Straits, Colombo, Hafifax, Boston and New York, Vessel, may call at Saigon and Slam..

m.v. "EASTERN PRINCE

Loads 2nd Jan., for Japan, Philippines, Jave, Calgon and Slam subject to inducement, Straits, Cotemba, Halifax, Boston and New York.

Cargo for St John (N. B.) Montreal and Bermuda with teao- shipment at Malifax or Now York.

- All the above subject to alteration without notice. All Intending Pamongers should register shoir names so far as possible in advance of the time at which they wish to lenys.

PACIFIC TRANSPORT LINES

ARRIVALS FROM SAN FRANCISCO AN

1.4. "PACIFIC

:

TRANSPORTY

B.S. AMERICA TRANSPORT”

-TRANSPORT"

ath D.

24th Dec.

Galla 8.F.

Due H.K.

11th Nov 16th Nov. 23rd Nov. ath Doc.

25th Doc.

10th Jab.

Sails 8.F.

26th Nov

Due HK. 18th Dec.

TO MANILA, CEBU, JAPAN & USA,

1. "CHINA

LE “PHILIPPINE TRANSPORT"

134 -185

149 -150 170-171 133

8.5. “HONGKONG TRANSPORT"

-335 -170

& 0.8.4.

8. "PÁDIFIC

. Salle H.K. dua dr. 8th. Dad. Brd Jan.

-United Press.

than the total for just year.. In addition, Reynolds wil Exchange Rates

COMET MONEY-EARNER expand is exlating plant to The Industry's import produce an additional 25,000, during .. October amounted tons a year,Associated Press. £905,801 purposes United

Pakistan

These included five complete aeroplanes (against

85 exported) but more than 80 Economic Plans

per

Alters accessories.

cont of the imports were

-carping. capa-

Rule Of Road city Britain's

ot

recont

That money craft will be enhanced by the progress Karachi, Nov. 20.

made in the develop Cars in Pakistan will keep to mant of, the right, instead of the left, curling, January

The decision expected to

In Egypt

Cairo, Nov. 20. The Egyptian Government De Havilland's Comet today approved the creation of first jet airliner in the Higher Economic Council 101. The Company is ex-advise the Government on perimenting

with more enamle: programmes and help

than Jat engines

combat the high cost of living. I

the

Builner's was done in the focal 'unofficial exchange market this morning at the following rates: Sterling note, (per, 6); US dollars (për #1). Indonesia guilders (per 100) Kim tread Iper 1001. Singapore (Birale)

YIC pasires (per 100).

10.12

0.43

3.10

177

13.078

NOTICE TO CONSIGNEES

Consignees per

STATES STEARSIUP COMPANY KA. “DRIGON"

incroisé, the number of Amer being installed in the Coffiet The Cabuner nino approved Hội t sund decfedre the sale of Barulah now bulking for HOACs plans the Ministry of Wergy hereby moured that the fores

Britlab- should produce the allerikuv and Maring to

Press

Machides Associated

model

of a plane for

world stages,

Pacific Far East Lone Jue

ent to randy

Foar Regular Trans-Facific Service

DIRECT

BAN FRANCISCO, LOS ANGELES

OVERLAND

NEW YORK-CZIVAGO, PETRON-TORONTO MÖNTREAL, AND ALL AMRBICAN. A CANADIAN

・

For

Ban Trancia de Lat

munit

into Hong- an' Am*: Sólg & Nowlogs Wharf & Godown Ebolj rado wes': Wberg; it will treat Counties risk and subject to the 'ebridition" et Whart' tesina, abd be boaded by the storage, and where delivery. My 4. Nátiphal Economiej barofilatoed

mente-havo, provided, the chier Juuksed, SATELLI {Damaged packages are do, ba left

TO TAKUBAR, KOBE, NAGOYA, SHIMIDZN, YOKOHAMA,

GETRANSPORT

Through bifin of lading issued to any Port in North America & to South American Porta

JARDINE, MATHESON

18 Fedder Strest:

STE

AMSHIP

CQ.. LTD,

Tel: 80811

CORPORAT

MOBILE ALA UBA

WATERMAN LINE EXPRESS

FREIGHT SERVICE-

FROM UB ATLANTIC COAST VIA JAPAN

Now capital suo arrange.c talking point in the Block Ex flex

Including in a pykowne for "ganisation ty change this week, Depite the have

there the Undersecretacite or the company and the Company - sur- recent crop of how issues

Majors, hicers. Carbliches & Curka, «. a. "LAFAYETTË”, of Finance Lamono sign yet that's need for Mintrutes

"nad jan 10 km, 2n, das Irk December. A a "JEFF DAVIS”, fresh

Commerce and the heads of 3000.

ontrole and Finance rente heide the general The Chamber Bonded [Watchormo Regulations. did the

alguesa, giust, have a "Geymun, dear marathindanos: when datha Dhar directors, aged cutable. gouda, are" WHEEDIAD,

where a steady lone prevails, thera la talk about the new laue of £20,000,000 of coat fundin compensation stock

le also, expadiation,

And

·NEW

ANS

"Noʻolktale Kwill be admitted. After

NEW

"Dua about":

#ITRD00, 1900 21-1955) Jan. 1951

“DIRECT FOR-“ BALTIMORE & ABIBADY! TAPAN & HOMUTAJALTA)

1859

FOR

WALLEM