1950-11-28 — Page 11

R. I. L.

ROYAL

INTEROCEAN

SINGAPORE, JAVA

PORTS and

MACASSAR

"TASMAN" .

TJITJALENGKA“

VAN HEUTSZ” •

TJIBADANE"

ARRIVALS

.In

Port

.10th Dec,

21st Dec.

LINES

SAILINGS

Ist Deo. 10th Deo. 17th Doo.

28th Dec.

• Only to Bingapore, Penang & B. Deil. not calling at Singapore,

MANILA, EAST &

SOUTH AFRICA and

SOUTH AMERICA

"TJIPONDOK" TJIKAMPEE"

"RUYS"

"BOISSEVAIN"

• JAPAN

**TJIKAMPEK**

"TJIPONDOK"

"BOIS EVAINTM

"RUYS"

1

ARRIVALS

7th Dec.

.19th Dec. .18th Jan. '51

ARRIVALS

5th Deo.

4th Jan. '51 5th Mar, '51

SAILINGS

7th Dec, 10th Jan. '1 7th Mar. '51

SAILINGS

10th Doc.

22nd Dec. 23rd Jan. '51

THE CHINA MAIL, TUESDAY, NOVEMBER 28, 1950.

London Stocks

•

11

COMMODITY ALLOCATION JARDINE, MATHESON & CO.,LTD.

Affected By SUGGESTION BY

BY FRANCE

The War News

London, Nov. 27.

The war news from Korea had a depressing effect on the London Stock Exchange today.

British, Government kapas essed 1/16th to 1⁄4 of a ponbil ber band;

The majority of Industrial shards, shod small fractions. Rubber and oopper stocks were frm

The "Financial -- Times daily Index was 117.8, off | 9.1/-A380ciated Press,

Rally

Late Clipped On

Agonts: HOLLAND EAST ASIA LINE Wall Street

EUROPE via MANILA

and MALAYA

"LANGLERSCOT

"MARIEKERK”

ARRIVALS

28th Nov.

15th Dec. Mia Jan 'B1

to

"MELISKERK”

Through Ba/L imped

Mediterranean and Northern

European Ports.

JAPAN

LANGLEESCOT"

MADIKKERK"

HELISKERK"

EKINOSERUILINIZ EUPH

ARRIVALS

.15th Dec.

8th Jan, '1

9th Feb. '51

The

(OUR OWN CORRESPONDENT) WEST

London, Nov. 27. The French Government want supplies of raw materials from the Sterling Area to be allocated to It is expected to Western European countries. make this proposal at Friday's meeting of the OEEC which will study a report on scarce com- modities,

, 4

Fair Gains Chicago Grain Market

Chicaro, Nov. 27. A rapid advance at the start

held on to air-sized gains.

M. Robert Buron, French Secretary of State for Economic Affairs, had week-end talks in Lon-soon petered out on the Board don with Mr Hugh Gaitskell, Chancellor of the of Trade today. But all grains Exchequer, Mr Harold Wilson, Secretary of the Board of Trade, and Mr George Strauss, Minister of Supply, to seek British support for the French proposal.

Although many of the com-: modities concerned in the OBEC report come mainly from the Sterling Area-wool, tin and rubber are outstanding examples the British Govern- ment take the view that world SAILINGS

New York, Nov. 27.

shortages and high prices which 16th Deo,

stock market closed in

them accompany

arc chiefly 10th Jan. '61 | lower price territory today after due to the American stock- a inte rally was clipped in the piling programme, and arrange- 10th Feb. '01

final minutes..

ments which do not includo Prices

on the America were again

ace. therefore decline at the finish,

workable. Many early losses were re- duced or eliminated before the recovery petered out.

SAILINGS

1st Dec. 18th Dec.

Bild Jan, '1

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via BAN FRANCISCO, LOS ANGELES AND PANAMA

NEXT SAILINGS

M.S. "LEXA MAERSK"

M.S. "SALLY MAERSK" M.S. "MARCHEN MAERSK"

Dec. 4

Dec. 17 Jan. 1

ANKS OF ALL SIZES AVAILABLE FOR BULK OIL

ARRIVALS FROM U.S.A.

M.S. "ELLEN MAERSK”

M.S. "MARCHEN MAERSK”

M.S. "ANNA MAERSK"

Nov. 27 Dec. 2 Dec. 18

-rin

to

HONGKONG

SHARE

MARKET

War news from Kores caused heavy demand in all pils at the opening bell. With trading

very active, grains started with advances which ranged to more than eight cents in soybeans,

demand did not

slid down a

last long. fled, the few cents from its peak. From then onward to thr close cercals maintained a firm tone above Saturday's close in rather slow dealings.

Wheat closed higher.

This was satis-

FREIGHT AND `Þç¥Â¤¤ DEPARTME

18 Pedder Street, Tal, 30811,

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

#4. "TAKBANO" #. "HINGANG" ss. "WINGBANG" *.*. “EASTIRN QUEEN", *. "KUTBANG"

2.4. “WINGBANG!

.. "PRONTO" 11. "KUTSANG"

SAILINGS TO

Tientsin Bandakan Keelung.

Straite & Calcutte Japan

4 p.m. 28th Nov. Noon 30th Nov,

0th Doc.

13th Dec.

15th Dec.

ARRIVALS FROM

Koolung

3rd Dec.

7th Dec,

12th Doc.

Tientsin

'Calcutta & Stralta

Cargo accepted on through Bill of Lading for MADRAS & PONDICHERRY via Bingapore and for KUDAT, JEBBELTON, LABUAN, TAWAU, ·· LAHAD DATU. & BEMPORNA vis Bandakan.

AUSTRALIA CHINA LINE LTD.

"LE "EASTERN GLORY"

BAILINGS TO

Brisbane, Sydney,, Melbourne. &: Adotolde fat Dea (LIMITED PASSENGER ACCOMODATION AVAILABLE) *m.v. "KAFIRISTAN"

Lao, Brisbans, Bydney, Melbourne & Adelaida 11th Dec.

ARRIVALS FROM:

1.8. "EASTERN GLORY"

to 1

Australian Porta via Jupon m.v. "KAFIRISTAN"

December

March

2.83

May

July

The volume of business on

Com December

2,31-30 2.2414- 1.004-3

Oath December

1.40-31.465%

as

An opportunity has been pro- the Stock Exchange this morn- vided for further talks along ing was valued at $187,023.90. The half day's business and these lines by an American in- Success of the Red forces' vitation to the CEEC to send, aoon closing prices were

the delegation against

to Washington counter-attacks United Nations Army in Korea discuss the matter, and Sociallst gains in an eclec-tempts may be made to discuss tion in the Bavarian States of the question of commodity mp- Western Germany were the most plles on a world-wide basts but that would face potent factors in sending prices the problems

such A conforence would be into a tallspin at the start.

Dow Jones Averages:

20 Industrials

18 Rolls

10 Utilities

enormous,

Later at-

Suggestions for some form of 234.98

of raw 70.52 international allocation

from! 40.69 materials

Statcs

--Associated Press.

India To Buy Wheat From United States

Washington, Nov. 17. American officials estimated that the Department of Agricul- ture will be willing to sell mile

have come France and the United but their reasons for wanting allocation schemes differ, The French are concerned about the high price of commodities while the Americans Gre more worried about the availability of supplics.

STERLING AREA'S VIEWS

So far as the Stealing Aren His concerned any attempt to in- terfere with free marketing arrangements already in axis fence would be realsted.

One

method of conserving supplies in Western Europe has already been suggested.

บ

This

The drawback here is that

follow:- SHARES BUYERS BELLERS SALES BANKS

10 1340 10 @ 1540

HK Bank.. 1336. INSURANCES

Underwriters 3.10 SHIPPING

Arla Nov.......

DOCKS, ETC.

02. 02 4550

K. Whart... N. Pt, Wharf Providené 1144 S'hai Dock. 3.26 Wheelock

... 2014 LAND, ETC.

BK Hotel HK Land S'hai Land

UTILITIES

''T

716

1.25

*

500 7250

Rye December

Soybeans were January

14-91% higher

2.00 - $3.0916 sociated Press.

SELLING

ON COTTON

MARKET

New York, Nov, 27. Cotton futures zettled back today after a strong start, but silll managed to held a small- size rain at the finish. In created hedge selling and n final Burry of December liquido- 500tion before the first notice day 3000 e 14 on Tuesday found less aggres- 9.00 10091 sive mill and other trade de

13 13 200 134 C. Light (0) 14.00 14.00 2000 @ 14

Star Ferry.

C. Light (N)

Electric

330 .... 2035

1

INDUSTRIALS

Telephone Coment STORES. ETC.

Dairy

142434

Watson COTTONS

Ewo

21%

3

200 142

1600 28

100 cleans up only,.,points, arter 200 201 IVE Rye December delivery

100

200 11

%

838 @ ILID

rising as

as much Rs. 83 points. Observers did not look for any- thing unusual in the way of December. tenders. They be

333 @ 11.00 Heved that a good part of long Interest there had been trans- ferred to Inter months.

Another Decline

The December and Marci spread narrowed to around 80 points

as against 60 points week ago.

Q

limited supplies in Mife. Prices ssive and buyers until

to India at about $1.80. Earlier is to restrict exports to Eastern this year India bought two Europe lots and in September 027,000 tons of milo from the United Eastern European countries States at 1.40. However, at would probably retallate that time there were ECA funds kind and this would add to the available

to compensate the scramble for Agriculture Department. The of those raw materials at pre- Department chas toy-pay; ytbe | gent imported from Eastern Amèrican farmers, de full cut Europe which would then have rent market price for milo to be obtained elsewhere.

Rubber Futures In

for Freights and Further Particulars please apply to: under the crop support pro-

AGENTS:

ין

JEBSEN & CO.

Pedder Building.

Tel. Nos. 28661-8.

AMERICAN PRESIDENT LINES

The Global Fleet

ST. GEORGE'S BLDG.

PHONE 28172/5.

TO HONOLULU AND SAN FRANCISCO vis JAPAN "PRESIÓENT CLEVÉLAND" "PRESIDENT WILSON"

* In Port

Salls Nov. 28

Arr. Dec. 18

Balls Dec. 12

Port

TO SAN FRANCISCO AND LOS ANGELES VIL JAPAN "PRESIDENT MADISON"

Bafis Nov, 23

TO NEW YORK, BALTIMORE VIND BOSTON UV

via PACIFIC COAST AND PANAMA "DARTMOUTH VICTORY"...iy. Arr. "Dee, 'a

1.

ROUND-THE.WORLD

gramme.

The situation regarding wheat Is more couplicated since the United States cannot do mare than use its influence in an effort to get India's wants ful- led. However, the two coun- tries which received wheat under the international wheat agreement, Italy and Brazil, had not bought the full quotas to which they are entitled in the United States this year-Juted Presi

"Singapore

Singapore, Nov. 27. Prices in the rubber futures market here closed today us follows;-

November Number Itubber pår Ib. Number

December Number

107 -16%

10374-18434

rubbe January (1051) Namber rubi

November Number,

288. -159

103 104

ubb

159-100

154 -157

173 174 1246538

November

November

Japanese Bonds Number

Fall In NY

Balls Dec. 19

ότι

Via Manila, Singapore, ¿Colombo, Cochin, Karachi, Suer, Port Said, Naples, Marsellies, Genoa, New York & Boston, "PRESIDENT JOHNSON"

**, In Port

Satin Nov. 28

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

N

BY

S.S. "BENAVON”

LOADING HONGKONG 29/30th NOV. FOR LIVERPOOL, GLASGOW, DUBLIN, LOTTERDAŬI, ANT WERP & HAMBURG.

KAN NIDA! VIA KOHSICHANG, STRAITS, COLOMBO, ADEN, TORT SUDAN, & PORT SAID,

12

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

York Building.

Tel: 34100 & 30719.

IVARAN LINES

FAR EAST SERVICE FROM U.S. ATLANTIC COAST- PORTS

"Due about 29th Dec, 1930 28th Jari 1951

..v. "IGADI? NA

1.v. "BORGHOLT"

SAILING FOR JAPAN," LOS ANGELES "AND U.S; ATLANTIC COAST “VIA PANAMA CANAL

Salla: about “Sulli Déc. 1850. 27th Jan. 1961, Also Accepting Transhipment Cargo 'for Weit Indles and South America

"BORGHOLT"

ALLEM

::

"New York, Nov. 7.

Spot rubber, ambaled

Black crepe

No. 1 pale crepe United Frese

London, Nov. 27

129 Tin „prices were again, lower at the morning session today, Turnover was 10 tons,

Prices closed at the end of the official morning sesalon as follows;

Bpot tin, Buyers Spot tin, seller's Business dono at

1,000 1,010

Bone 915

Three months in buyers $20

Three-months tin, 1:Business done at

Settlement

20-911 1,000 -United, Press

LONDON RUBBER

London, Nov, 27. Prices in the rubber futured market here closed as follows:— No. 1 rubber. (in cont

per m.)

January

January/kimrch April/June July/September

Japanese bonds fell today as Gray 'Goods Markets October

In

tha

and

Japan

29th Nov, “10th Dec,'

"Cargo accepted on through. Blij of Lading to Taithants, Now Zexland and Pacific Island Porta,

GLEN LINE LTD.

SCHEDULED SAILINGS TO U.K. AND CONTINENT

M.Y. "GLENARTNEY!!

Loads 3rd Decembar, sails 7th December for. Strålls, : Colombo, Aden, Suer, Part Bald, London, Antwerp. Rotterdam/Amsterdam Hamburg, Dua London, 14th

January,

m.v. "BRECONSHIRE"

Loads 19th December, sailu 21st December, for Straite, Colombo, Aden, Guez, Pärt Bald, Alexandria, Genda, London, Rotterdam/Amsterdam, Hamburg and Ang twerp. Due London fat. February.

(Carriera option to proceed via other ports to land/discharge.cargo) SCHEDULED. ARKIV ALS FROM LONDON

MAY, “BRECONSHIRE”'

m.v. "GLENEARN" m.v. "GLENGARRY" m.v. "RADNORSHIRE"

Leave London

Duo:H.K.

Salled Balled 21st Now 5th Day,

Tet' Deer,

8th Dec

25th Deo.

10th Jan.

INTERMEDIATE -SERVICE

mv, "FLINTSHIRE"

Balled

31.5th Deci

PRINCE LINE LTD.

ARRIVALS FROM US, ATLANTIC & PACIFIC PORTS ·

Galia N.Y.. Sails:S.F, " Que,H.K.

Ballad 15th Nov. .Balled

6th Doo

m.v. "BRITISH PRINCE" m.v. "EASTERN PRINCE"

EAST COAST, CANADA & USA, vía BUÉZ

PRINCE

12th'-Doc (2nd Jan,

Loads 12th Doo., for Japan, Philippines, Java, Ginga- pore, Straits,, Colombo.' Halifax, Boston and New York. Vessel may call at Saigon and Blamora m.v. "EASTERN PRINCE"

m.v. "BRITISH. Mill interest was delivery crossed the cent level. The active positions showed a maximum gain of 68 to 933

polats, but when trade demand slackened, the market appeared to be vulnerable 10. increased, hedge selling and December, quida- tion.

The market closed only 5 to, 20 Polate higher,...

Pricks

closed today followe

December

43.30-13.38

May

July

41.00

October

December Marin (1962)- Kay

38,00

Peak

Bank Quotations

New York, Nov. 27, Closing bank/quotations:

Chus National

491-50

arked

45 40% 2014-20

Bank of America-

National City:

EITAS

4344

-Aamočiated". Press.

United Press.

the bond market sagged, The 51⁄2s were off 2% points and

New York, Nov. 27.

in the 6s a fräction' after fallinst

A strong undertone four points at the opening.

Was SHIP MOVEMENTS cotton gray goods markot An Isolated case of strength reported

considerabla the market developed

price

apot checking for

Los Angeles, Nov. 27. Muhdlo Railroad Fours which carky" 1051 deliveries.

Ship arrivals Sunday: Wash- advancet 61⁄2 points to 82 on The firmness of raw cottonington Mail from Nato, Phillp sale of Four bonids.Associated prices and frech concern over

President Wilson and pines; Press

the Korean situation brought the revival of interest which American Veteran from Yoko- late Inst week was marking Sailed: Inverness County and time in hopes of an early end of Nicolaou Zografia for Tsingtao, the Korean fighting. United Associated Press. Press.

New York Rubber

مجمد

Futures

....

New York, Nov. 27. Crude rubber No. 1 futures closed 1.25 lower to 1.89 higher.

December

March May

July

60.00

51.60

hama.

"

New Orleans Cotton Exchange Rates

New Oricans Nov. 27. Closing cotton prices

1:45.15 433

SPOTKA. December 47.00 March (1931) 44.00 bid May Spot No. 1 ribbed smoked December theels 64 nominal-Aspelated March (1052)

May

Press,

SUGAR IN NY

New York, Nov. 27.

Domestle" rigar futures No. 8

closed, quiet, no sales.

World" sugar futures No. "elosed seven to nine higher,

March

SADIOTERA

September

:4.04 bid

8,43 1:14-

FIRE.

New

35.54 vid

|Business--was done in the local

exchange market imofficial morning at the followkig rates:- Stering note (per 21

.10.18

· 42.33 - 42.74

| 19. dolara, (por 915)

GAST

Indonesia guilders (per 100)

Basic (per 100)

27.70

1.77

15.10

19,05 hin -35.48-bd

United Fre 4.

Singapore (Straita)

VIC platrem (per 100)

Industry Is

Helping Britain

Bishop's Stortford," Nova:27

NOTICE TO "CONSIGNEEB

TAIPING" Arrived, Nov. 1950

This Vargo)

&c Douglas at Hongkong & Kowloon

Damaged cargo,

will be surveyed by Messrs Goddard

Whart, No. $7/50 Godown from 10

La on Thursday

30th November

and Friday, 1st December, 1000, and

candgades | representatives are re- quested to be present during surg voy.

BUTTERFIELD & SWIRE, Agents. Australian-Oriental Line Limited.

China:Navigation Co. Ltd.

NOTICE TO CONSIGNÉES

Consignees Pet.VE STATES STÉAMSIKIP / COMPANY)

** FOREGON"

hre hereby notified that their de baine diacharged into: the along bear:& Konpon Wharfedore Co'sy sodown, whore, At" wid ̈be. #scrrafinom" Fisk and subject to the

Where': forma.Vind – condition i [storage; and where chekk¥ury¬-zon), be obtained.

Damaged, bickiges are to be Conálibers and the Company®: MIT- (Veyors, Mansect. Carmittent of Clarke am.: on, the Lut Troorsaber.

6.10 nominat In a former faudry, a small firin here have heardown for of Facilition

developed a formula for synthetic resin which New York Metals brings a new industry to Britain.

1030.

[!! To «"comply with

The resin is proving valuable to scientists Bonded Warehouse New York, Nov. 27. Prices in the metal market research organisations, and hospital laboratories here closed... loday unchanged !!* In the synthetic resin, biologi Te was developed for the pre with the following exceptions cal suscinians can be preserved servation of wighters mat "mi

Fleshum, (sați: 90.5 percent for all time and can be creme Natural History Muschini. One) -Produne, 201" bid/94 ask={inen "without distortion under

Then it became obviotak

NY

CO. LTD.

The firm. 1) Crostwell, ang" the synthetic resins washi Core wing process develop seryalive of utmost 2 watu ed by

Hisidry: Mugátan South C

pol

ས་

„Herulacions.

Londe 2nd Jang for Japan, Philippines, Java, Saigon and Slam, ubject to inducement, Biralts, Colombo, Halifax, Boston and New York."

Cargo for St John (N. B,) Montreal and Bermuda with tran Shipment at Halifax or New Yor

All the above subject to alteration without notios." All Intending Fassonders should "ropfster" their namga ku far as posible in advance, of the time. at which they wish to leave.

PACIFIC TRANSPORT LINES

ARRIVALS FROM SAN FRANCISCO NOME

"Gally 8.P.4 M2 Dús Hiki

RA "PACIFIC

TRANSPORT"

13th: Nov.

18th Dec

16th Nov;"

zith Déd.

... "CHINA

TRANSPORT"

*23rd Nov.

24th: Dec.

6. "PHILIPPINE

TRANSPORT”

5Sth¬Deo..

10th Jan

B.S. "AMERICA TRANSPORT"

TO TAKUBAR, KOBE, NAGOYA, `SIRMIDZU, YOKOHADIA,

& U.S.A

¡Dus &.P. "Balfe Hik.

8th Doo.ärd Jan,

"PACIFIC TRANSPORT"

Through bills of lading issued to any Port In North America 4 to Bouth American Ports.

JARDINE, MATHESON & CO., LTD.

18 Fedder Street

WATORRIAN

STEAMSHIP

*Tel: 80311

CORPORATION

MOBILE ALA USA

LOW NOWATERMAN-LINE EXPRESS

DURREIGHT SERVICE

– FROM US. ATLANTIC COAST VIA JAPAN

6. A "LAFAYETTE":

1. 4. "JEFF DAVIS”

19th Jan, 2053

MIAK DIRECT FOR NEW YORK, BALTIMORE & PHILADEL

JEFF!DAYIS”.

ALSO

QUEF PORTS.

LULU

CARGO FOR

WALLEM & CO. LTD,