1950-12-01 — Page 11

ROYAL

INTEROCEAN, LINES

SINGAPORE, JAVA

PORTS and MACASSAR

FABILAN" ♥

*JITJALENGKA"

JAN HKUT8Z” •

"JIBADANE”“

ARRIVALS

SAILINGS

In

Fort

.In. Port

10th Deo,

1st Dec. 10th Deo.

17th Doc.

.21st Des

28th Dec,

• Only to Singapore, Penang & B. Dell,

pot calling at Singapore.

MANILA, EAST &

F

SOUTH AFRICA and

SOUTH AMERICA

"JIPONDOK"

NJIKAMPEK"

UYS"

JOISEVAIN"

JAPAN

TJIKAMPEK”

JIPONDOK"

BUYB"

BOISSEVAIN”

ARRIVALS

7th Doo.

18th Dec. 14th Jați. 31 ARRIVALS

6th Deo,

4th Jan. '51 5th Mar. 31

SAILINGS

to Asap 10th Jan. 51 7th Mar, '51 SAILINGS

101 Deo. 22nd Dec.

23rd Jan. 'BE

Calmer Mood JAPAN

ASSOCIATION

In London FORMED IN LONDON

London, Nov, 20. The London Stock Ex¬ change was influenced by nows today the Korean although the comparative steadings of Wall Street

Inducod overnight violent

movement and considerable béir covering.

Javanese bonds scored net galus up is la polula, Institutional support was and to zill-cared equities first-grade

given

cluding Industrials

And

olls while Kafirs and cop- per benefitted from short dovering from bath the and Landan. The Cape market closed micadier.

'The Financial

dally

Index was 114.3 off 0.5,Associated Press.

SELLING

Agents: HOLLAND EAST ASIA LINE CRIPPLES

EUROPE via MANILA

and MALAYA

LANGLEESCOT"

MARIEKERK"

MELISKERT”

Through Bs/L ixrued to

Mediterranean and Northern

European Ports.

JAPAN

ANGLEESCOT"

ARIEKERK"

ARRIVALS

In

Port

15th Dec.

Mid Jan '51

SAILINGS 19th Dro. 11th Jan. '51

10th Feb. '51

SAILINGS

ARRIVALS

18th Dec.

7th Jun. '51

ELISKERK”

0th Feb. '81

3rd Dec. 19th Doo, Mid Jan. '51

· KING'S=BUILDINCELLULPHOSESTE RUBECOF28D1700

MAERSK LINE

FAST FORTNIGH TLY SERVICE TO:

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

24

NEXT SAILINGS

M.S. "LEXA MAERSK”

M.S. "SALLY MAERSK"

M.S.

"MARCHEN MAERSK"

WALL

ST.

New York, Nov. 30. Lata. selling crippled a

(OUR OWN CORRESPONDENT)

IS JARDINE, MATHESON & CO.LTD.

London, Nov. 30.. A Japan Association was Yolmed in London this evening. Its aims are to promote trade between Britain and Japan and bring businessmen of both countries into closer contact.

Nervousness In Cotton

Bir Edward Crowes KCMG, Former Commercial Colinsellor to the Brian Embrassy in Tokyo, was elected President and Mr J. S. Scott Chaliman

In his inaugural speech Mr Scott said that the China Assp- ciation had, until now, per- formed duties which the Japan Association

designed to *WAS undertake.

HONGKONG

1

SHARE

MARKET

Was

FREIGHT-AND, PASSAGE DEPARTMENTBLA

-18 Padder. Street. Tet. #033).

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

LE “TAKBANG"

HINBANG"

54. "WINGBANG" | LE. "KASTERN

QUEEN"

„18. "KUTBANG”.

*.*. "WINGSANG" "PRONTO"

8.1. “KUTSANG”

SAILINGS TO

Tientsin

Singapore Penang & Banda-

..K#

Keelung

Binganore a Calcutta

Jupan

ARRIVALS PROM

Rootung

Tiantain

Calcutte & Straits

4 p.m.

1st Dec.

2nd Ope.

5th Chee

13th Dra 16th Dak

2nd Dgc.

7th Doc.

12th Dec.

Carga socepted on through Bille of Lading for MADRÁG A PONDICHERRY via Bingapore and for KÜDAT, JEBBELTON, LABUAN, TAWAU, · LAHAD DATU 4 Sandakan.

Now York, Nov. 30, Cotton

600 × 60WLJ ..futures nervously today over moderate-

It had been in contact with ly wide limits in periodically

The turnover off the Stock active dealings. Traders were the Foreign Office and Board of

this morning pect- Trade, to activate His Majesty's Exchange flabbergasted by the end Government from time to time valued at $70,550. The morn ed turn of

in Korea and: of events bewildered as to what. might during negotiations for succes-ing's business and noon closing.

prices were as follow:- "but sive

trado agreements" bappen the next move,

It has aloo submitted to the HARES BUYERS SELLERS SALES at no time, ahowed

ved aggressive-

Foreign Ofee a long memor- Trüman's an- President nouncement that the use of the andum of atomic bomb in Korea was un-should be der consideration pointed up the proposed peace and trade trea- seriousness of the International ties with Japan. ploture and gave traders a case MONTILY BULLETIN of market "ilters."

ness.

rising stock market today.uction and

pressed for in the

K. Whart Dock Pawident Wheelock

LAND, ETC.

HK Hotel UTILITIES

Tran

·1320

BANKS

its views on what a

Bank

2035

15

11%2 2015 243

7.00

10.50 13 2000 ₪ 13.00

C. Light (N)

C. Light (0) 1234 XD,

207

10

13 14

1215

1000

BOO

Dalry

Ex

1200 000

Electrio.... Telephong

Moreover, they feared that But difficulties of handling if the situation worsens, Gov-Anglo-Japanese trade affaire controls through wage-priec

the China Association ernment along with the regulation of land the fact that many firms | INDUSTRIALS

distribution of with business Interests in Japan may not be too far off.

were not members of the China STORES, ETC. Final price were up a fow Because of the existing uncer Association led to the proposal tainties, com growers, who de-

to Laura

a separato organisation, cents to around US$1 a clined to hedge around the 43-

The idea was welcomed by share but in many cases 1/2 cents, level some days ago, the firms interested in Japan'

and were well under the best are putting out hedges in in

meeting A

Wis called to ereasing volume around the 42- Taunch the new association lovels of the day.

1/2 cents level.

gold The Japan Azorlåtion, fol-

Mr Scott, would circulate in- formation of interest to its mem- bern which would probably de- velop into a regular circular on the came lines as the monthly bulletin of the China

Prices closed today as lows Spot

The advance, started slowly, then gained · momentum after President Harry Truman, dell- vered his views on the Korean fighting in particular and world March (1031)

peace

in general.

Rails, chemicals,

December

May July October

coppers, arch (1652) Aircrafts, steels and oils were May

among

the favourites. Mer- chandising shares ran into u

Hittle trouble.

tho

were

43.65

43.85

43,15-43.18

4145-4131

40.35-40.30

30.49-30.51

39.78 nomination, 35.00 nomina)" United Press-, |

Cotton Textiles

New York, Nov. 30,

market The cotton textile Was quiet today. Confusion over the Korean developments created a hesitant tone. Scat- tered sales of print cloths and sheetings were reported

Tumover for the full day topped 2,000,000 shares.

Among

gainers Standard Ou (New Jersey), Philips Petroleum, Texas Com- pany, US. Steel, Jones and Laughlin, Firestone, Douglas Aircraft, Kepublic Aviation, Allied Chemicals, Dow Chemical, tending through the first quar-

ter of next year, Du Pont, General

Motors, Dodge Zenith Radio, Pholpu

American Copper, Anaconda, Woollen, und U.S. Gypsum.

Dow Jones Averages:

Dec. Dec. 17

4

20 Industrials

15 Rails

10 Utilitics

227.60 08.53 38.80

Jan. 1

-Associated Press,

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”

... In Port

In Port Dec. 18

For Freights and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

Tel. Nos. 26661-8.

AMERICAN PRESIDENT LINES

Global Fluot

ST. GEORGE'S BEDG.

PHONE 28173/5.

#

TO HONOLULU AND SAN FRANCISCO vis JAPAN "PRESIDENT WILSON”

"PRESIDENT CLEVELAND"

Air. Dec. 18 Arr. Jan 17

Salis Doc, 19 Bails Jan. 13 vis JAPAN'

Balls Dec. 13

TO SAN FRANCISCO AND LOS ANGELES

....... Art. Dec. 12 PRESIDENT FIEECH

TO NEW YORK, BALTIMORE-AND BOSTON

via PACIFIC COAST AND PANAMA "DARTMOUTH VECTORY” ........Arr. Dec.

ROUND-THE.WORLD

Balls Dec. 10

Via Mandia, Singapore, Colombo, Cochin, Bombay, Buca, Fort Said, Alexandria, Naples. Marseilles, Genoa,

New York & Boston.

TRESIDENT MONTOE→

We are

P Arr. Dec.

Salls Dec. 0

continuing to record

bookings by

B・O・A・C

and, if necessary,

to make alternative

arrangements.

Come to Jardine's

for expert assistance,

JARDINES

AIRWAYS

DEPT

long-Kong

Quik Aroids, Kawfoor

Exporter's Refusal To Slash Tyres

San Francisco, Nov, 30,

A San Francisco exporter has

refused to comply with customa

Wool goods held meady.

ex-

In rayon goods some activity was noted in viscose p'gment taffetas for first quarter de-

Gabardine cloth livery. steadier.Associated Press,

wng

LONDON TIN MARKET.

Lordon, Nov. 30. Associa- The tia market was steady in the official morning scacion The now

Association wil today. Turnover was 125 tons, China Including 15 tons for spot share the offices of the Association and Mr. George Prices closed today at the epi Mitchell will act as Secretary to of the oficial morning session

na follows:--- bou.

Fluctuations

In Rubber

»

SEMPORNA vla

AUSTRALIA CHINA LINE LTD.

BAILINGS TO

"EASTERN GLORY"

A

*m.v. "KAFIRISTAN"

Brisbane, Sydney, Melbourne, Adelaide From Kowloon Wharf No. 2 at 11 am. ...... 1ạt Đèo.

Lao, Brisbane, Sydney, Motbourne & Adelaide 11th Dec.

ARRIVALS FROM

... "EASTERN GLORY"

Austrailan Ports via Japan At Kowloon Wharf. No...a

Japan

10th Dec. m.v. "KAFIRISTAN" *Cargo accepted on through Bills of Lading to Tasmania, New Zealand and Parifio Jeland Ports.

GLEN LINE LTD.

SCHEDULED SAILINGS TO UK. AND CONTINENT

m.v. "GLENARTNEY"

Loads 3rd December, walls 7th December for Stralti, Colombo, Aden, Suez, Port Bald, London. Antwerp, > Rotterdam/Amsterdam | Hamburg. Das London, 12th

January.

m.v. "BRECONBHIRE"

Loads 19th December, saila 21st December; for Straits, Colombo, Aden, Buez, Port Sald, Alexandria, Gonon,

and London, Rotterdam/Amsterdam, Hamburg

An twerp. Die London 1st, February.

(Carriers option to proceed via other porta to load/discharge cargo) SCHEDULED ARRIVALS FROM LONDON

Leave London | Duo H.K. Dus at Holts Wharf Neon let Døn..

m.v. "BRECONSHIRE"

m.v. "GLENEARN"

Ballad

Spos tip, buyers

Spot un, sellers

Business dono at

1.150 1,155 1,150-1,145

m.v. "GLENGARRY".

Ballod

m.v. "RADNORSHIRE"

ath Đôi.

Three-months tin, buyers Three-months tin, seller Business done at Settlement

1,000 1,095 1,033-1,030 1,150 -United Prese.

INTERMEDIATE BERVICE

Bailed m.v. "FLINTSHIRE" ........

Exchange Rates

10th. Bøb.

26th Doc.

10th Jan.

11th Dec.

PRINCE LINE LTD.

ARRIVALS FROM U.S. ATLANTIO & PACIFIC PORTS

Dalle N.Y. Balls 8.F. Sallad 16th Nov. Balled

8th Dec

Dua H.K. 12th Doo

2nd Jan.

EAST COAST, CANADA & U.S.A. via SUEZ

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

16.10

6445

m.v. "BRITISH PRINCE"

5.00

27.00

1.723

12.75

Business was done in the local market this unomelal exchange morning at the following rates: Sterling note (per ) US dollars (per $1).....

(per Singapore (Straits) FIC plastres (per 100)

New York, Nov. 30. Rubber futures closed today 150 points 178 points higher to

lower, ending a session of ner-

fluctuations, is

traders Vous followed the Korean war nows. Indonesia guilders (per 200) Sales totalled 101 contracts. In

spot market, dealers re the ported an extra quiet situation with only limited amounts for 42.10 bla January delivery trading 41.05

around 64 cents à pound. 41.30-34

Prices closed

New Orleans Cotton

New Orleans, Nov. 30, Cotton futures closed steady 60 cents a bale higher to 35 lower. >

December

March

May

July October

40.80

30.40-47

Spot cotton closed steady low:-- unchanged. Middiing

42.15 -Associated Press.

RUBBER IN NY

New York, Nov. 30. Crude rubber No. 1 futures

May

July

70.75 bid

60.75 bid

53.75

December March (1951) [May

+

+

at

Jap Bonds Mixed

today as fol-

70.79 Did

58.75 bld. 53.73 traded

New York, Nov, 20. Japanese bonds were mixed in slow trading today, with losses and galas ranging to around US$12. - Associated 43.50 nominal Press. -United Presa, London, Nov. 30. Prices of rubber futures closed here today as follows:→ No 1 rubber, (in cents 57 -33

per m.)

| January

Money/March

| April/June

1950 nominal į July/September Asociated Press.

regulations to slash a shipment closed 75 higher to 150 lower. of used tyres consigned to Com-December munist China, according to Cur- March (1931) toms Collector Paul Leake.

After refusing to slash the tyres,

withdrew the exporter the shipment of 400 tyres mad announced they would be sent on to Los Angeles.

Mr Leake shipping regulations,

Washington Empire Aid

8515-50

404-47 42 nominal

United Press.

Hails

Plan

Washington, Nov. 30,

NOTICE TO CONSIGNEES

Consigners per

J. "DENAYON"

are hereby notified that their cargo is being discharged into the Hong Kong Kowloon Whart & Godown Co's godown where it will be si consignees risk and subject to the Wharf's terms and conditions of storage and where delivery` may be oblained.

Damaged

packages are to left in the godowns for examina- tion by Conernees and the Cam- pany's surveyors, Mosers. Carmichael & Clarka at 10 aim, on kit December 1950.

TRANS To comply with the General Warehouse Regulations,

Loads 12th Dec., for Japan, Philippines, Java, Singa. pora, Straite, Colombo, Haillax, Boston and New York. Vessel may call at Saigon and Blam.

m.v. "EASTERN PRINCE"

Colombo,

Loads 2nd Jan., for, Japan, Philipplass, Java, Balgon and Blam, subject to inducement, Straite, Halifax, Boston and New York.

Cargo for St John (N. B.) Montreal and Bermuda with tran- shipment at Halifax or New York."

All the above subject to alteration, without notice. All Intanding Pasangars should

register their

names as far as possible in advance of the time at which they wish to leave.

PACIFIC TRANSPORT LINES

ARRIVALS FROM SAN FRANCISCO

AL "PACIFIC TRANSPORT":

"AMERICA TRANSPORT".

TRANSPORT".... 4. "CHINA

"PHILIPPINE

Salla 8.F.

Balled

Due H.K. 17th Dec.

16th Nov. 23rd Nov.

26th Dec.

28th Oud.

9th Dec.

10th Jan

could not, under

disclose the name of the exporter, but said had alerted, Los Angeles customs officere swatch for any attempt to load the tyres, on bound ship without proper ma- tilation.

American officials hailed the British Common- who Other exporters here,

700 tons of 104 hava

tyres wealth's £1,800,000,000 economic development pro- Bonded awaiting shipment to China

consignees must have a Revenue TO TAKUBAR, KOBE, NAGOYA, SILMIDZU, YOKOHAMA, and other Oriental ports, have gramme for South and South-East Asian countries Oncer is attendance When damaged

SAN FRANCISCO & LOS ANGELES begun cutting the tyres to ren

as a major move toward stabilising that area, and dutiable goods are examined. der them unusable on vehicles,

promised the United States would co-operate with -Associated Presa

the new plan to the fullest extent.

Steel Price Increased

Pittsburgh, Nov. 30. Steel wages and steel prices

went-up-today...............

The big, Congress of Indus.

Organisations,

trial

A State Department representative told the United Press the American Government believes the Commonwealth plan provides a basis for genuine economic progress in South-East Asia, and pointed out tawo ways in which it was thought the United States would co-operate:

a m

No claims will be admitted alter godown. And all goods remaining undelivered after 2nd December, 1930, will be subject to rent.

the goods have left the cleamer

·

TRANSPORT".

Duo 8.F. .17th Dec. 12th Jan

Due B.F.

2nd Feb:

Duo 6.F.

18th Jan.

“PACIFIC TRANSPORT”.............. TO MANILA, CEBU, LOS ANGELES & FAN FRANCISCD

Batta H.K..

1228th Das. * "CHINA TRANSPORT" must be presented to the UnderTO KODE, NAGOYA, SHIMIDZU, YOKOHAMA, HONOLULU

SAN FRANCISCO & LOS ANGELES ipso, or they will not be recognised

Balla HK.

27th' Deo.

All claim against the steamer simed on or before 15th December,

ed.

No Fire Insurance will bo effect-

.

·

W. I. LOXLEY & CO.

(CHINA), LTD. Agents

Firstly, by providing, under block, Communist penetration 23th November, 1950. · · United President Truman's Point Four there. Workers accepted an programme, technicians to sa The bellef in official quartors Washington 19 that the

Scent an hour pay Įsist on the Commonwealth pro-in

*

Increase for

ita 105,000 members Jject wherever such aid might be Commonwealth and the United NOTICE TO

States, by making real efforis working for. United States welcomed and useful, Steel Corporation.

to match both 1, the woge

nd the

CONSIGNEES

Comalguses, par

in-

STATES STEAMSHIP COMPANY

K... "OKEGON”.

"AMERICA nanom

Through bills of lading loaded, to any Port in North America & to South American Ports.

JARDINE, MATHESON & CO...

18 Pedder Street

WATERMAN

LTD.

Tel: 80911

STEAMSHIP CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS

|_ FREIGHT SERVICE

FROM US ATLANTIC COAST VIA JAPAN“

Duo about

by consulting the to raise the Asian standard of "ale steel immediately booster wealth

how the living, can achieve much in the United States, should spend.Its way of discouraging an prices about 5 4 per cent. The United Company said that would jus contemplated $300,000,000 yearly digenous trend toward Com- about cover, the US$125,000,000 economile, ald programme for muniem, Annual increase in employment South-East Asia in order to There has been no decision! are hereby notified that their cargo

avoid costs, and

overlapping..with the any

The yet on what agency of the is being discharged into the Hoog Commonwealth programme.

Government or godown where it will be at

kong de Kowloos Whert & Godown Other companies are expected in

Américan but repared fold plan for South-East Asia..

would administer the American constanser risk and subject to the oficiais sald the United States éreuse and: prico advance. United States. Is

-Wharfa · terme and "oundition of

· Molkwasy · may of U.IS. Steef employees to an American economicaid promic Co-operation Administra obtained.

The wage increase lifts pay supply information on project it might be the present Ecoqo erant, and where average: US$1.8K en bout, an grammer. f areas affected by ion or it could be a new Över Damaged, packages are to be jeit The new images and pricts the Colombo Plan, so there will all agency; to handle 611 Amérit the codowns for examination by inke effect tomorrow

be no neodless, duplication ng with

can economic programmes such Consignees and the Company BES Bargaining

veyors, Mesra. Carmichiel & Clarke the OLD C$300,000,000

Haas, suggested recently by Dragon10 am. on too ist December, American ald' approximately 1,400 Taxgo

General small steal companies has been mygramma for South-East, Aga, Gordon Gray, spedits assistant | 18m.

To comply with the

Warehouse 4de to MeaTruman. United Press. || Donded

*Regulations, marking time, while big, steel which is envisaged by the Ad-to the President, to the report and the, Union. Worked out a ministration, is still in the pla

consteners must have. «- Bovenus. ning stage. One

Omeláls

- PAKISTAN PLANS-A-DA -estimated settlompat,--Associated Press,

Oncert in attendance Metzoux · da aged dutiable gooda are examined. would be another month before

El Karachi, Nov, 80. anything definito is reached “[on] „Pakistán – today, announced, s No claims will be admitted after Toquest

Ne programme. They thought a 2,000,000,000 rupees, six-year the goods have fort the steamer's

rodover and all goods remNAKNE », "KAFAYETTE" for congressional app developments prógradina anilar undell cred infies the; kad "Debi, KK "WAB HAWIS": priation'.- would not be made the Colombo planajilla ensino | ber; 1856, will be subject: to rent. intip the new Congresa mesta in

expenditure will be obtained

the steamer ALSO ACCEPTING TRANSHIPMENT CARGO FOR: All claime Jamiary

must be presented to the Under-

GULF PORTS. CAN ACHIEVE MUCH from external scurta, mielo and

barle Jaen of the Dlani, 3848 will get be signed on or before the “Sih? Dew While emphasising, thabatha serious turn of ovestajan Koron that Pakistani" will continue is no of How A Da madelal planning gimmalt; and lick candelly Xian Laricyllutal incinta at this sling they, asr bowfly but tha?" #gricultuENT

and

SUGAR HIGHER

New York, Nova 30% Domestic sugar, futures No. 8 closed "two to three-flgherik bi MOLEK

Citi nominal Auto Elowell Uneltanked 15:14, lower,

1.2. "LAFAYETTE" 1. 5. “WAR KAWN”

M

27th Dea. 1900.

2450 Dic 1050

DIRECT FOR NEW YORK, BALTIMORE & PHILADELPHIA VLA JAPAN. & HONOLULU.

No rire ineditasies will be effected. WALLEM & CO., LTD.

dolu Agenta:wik

·Hongkong & Shanghai Bank Buliding

Telephones-88042—5