1950-12-05 — Page 11

R.I.L

ROYAL

INTEROCEAN

• SINGAPORE, JAVA

PORTS and MACASSAR

****TJITJALENGKA” "VAN HEUTSZ” •

"TJISADANE" **TASMAN"

ARRIVALS

In Port

10th Dec, ..21st Dec.

23rd Deo,

LINES

SAILINGS

18th Doo. 17th Dec.

Zith Deo.

• Only to Singapore, Penang & B. Dell.

met calling at Singapore.

- MANILA, EAST &

SOUTH AFRICA and

SOUTH AMERICA

"TIFONDOK"

**TJIKAMPEK"

"RUYA"

"BOISSEVAIN"

• JAPAN

***TJIKAMPER"

"TJIPONDOK"

"KUYS"

--“BOISSKVAIN"

ARRIVALS

10th Dec,

19th Dec, 18th Jan. '51

ARRIVALS

0th Dec.

4th Jan. '01

8th Mar, '81

2nd Jan, '1

SAILINGS

10th Deo. 10th Jan. 'ti 7th Mar. '5I SAILINGS

13th Dec. 22nd Dec

23rd Jan. 151.

Agents: HOLLAND EAST ASIA LINE

EUROPE via-MANILA

and MALAYA

"LANGLEESCOT"

"MARIEKERK"

**MELISKERA”

ARRIVALS

In Port

15th Dec. „Mid Jan '1

to

Mediterranean and Northern

European Porta.

Through n/L, Issted

JAPAN

"LANGLEESCOT"

“MARJEKERK"

"MELISKERK”

ARRIVALS

21st Dec.

7th Jan. '61

8th Feb. '51

THE

Price Index In

Britain Up

London, Dec. 4. Wholocalo prices foro 2.6 percent rectober, a compared with Beptember. now peak of 279.0 against the index figure of 100 for 1030.

The

Board of Trade's Aggres show wholesale prices have increased 175 percent since 1035, and 21 percent since the devalua- tion of tho pound, in September, 1940. -- Asso- ciated Press.

Bad Break

Im Stock Market

New York, Dec. 4. Stock market prices broke SAILINGS US$1 to US$4 a share today in the wake of dishearten- ing news from Korea and the spectre of tighter U.S. Government controls over the domestic economy,

22nd Dec

11th Jan, "152 10th Feb. '31

SAILINGS 5th Dec, 10th Dea. hild Jan. '81

SERINGS BUILDING TELEPHONESI VIDIS, TO 2:5175

い

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO: NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, via

SAN FRANCISCO, LOS ANGELES AND

NEXT SAILINGS

M.S. "SALLY MAERSK"

M.3.

"LEXA MAERSK"

"MARCHEN MAERSK"

M.S.

PANAMA

In Port Dec. 24 Dec. 80

Selling was concentrated in the first and Anal hours. Trading reached an estimated 2,500,000 shares.

The pace was so swift that the teker tape fell a minute behind floor transactions for a 22-min ute period. After the first rush the of selling was concluded, frantic atmosphere lifted, but

CHINA MAIL, TUESDAY, DECEMBER 5, 1950.

US

EXPORT

CONTROL

WAS NOT A SURPRISE

(OUR OWN CORRESPONDENT)

London, Dec. 4. The American action in ordering strict con- trol on shipments of all goods for Communist China, Hongkong and Macao was not unexpected here.

The Americans have for some time been con- cerned over the possibility of raw materials shipped to Hongkong and Macao eventually find- ing their way into Communist hands.

On

One means by which European ↑ ------- exporters have been evading the export controls

strategic materials has been to ship them to Amarican ports and then

destination albering their

Chinese porta en roube.

The

controls

W

NOW

of

Americans have plugged this hole by applying

to all shipments strategie commodities

from foreign

countries passing through American ports on the way to · Russin, her entellite

countries, China, Hongkong and

Macao.

HONGKONG

SHARE

MARKET

Total volume of business on the Stock Exchange this morn- ing WDS valued at $83,798, Noon closing prices and busi- ness transacted were as follow:-- Commenting on the wave of *HARES BUYERS SELLERS BALES Indignation which swept through BANKS Washington when a Senate oub-INSURANCES

HK Dank

1330 committee found that £4,000,000 worth of Japanese copper went DOCKS, ETC. to Red China this year by way of New York

City. "The

Economist" says:

In

KONG

of

Leakages of steel, copper and petroleum, like abnormally large of drugs, have be- purchases come intolerable now that the Communist armies are launched

strength

General against MacArthur's troops."

HONG

CONTROLS prices

were held down despite frequent attempts at a rally,

America slands to blocks

Looc of stock ap-millions Large

dollars worth peared frequently on the tape (US$80,000,000 so far this year) during the rush

especially Oil,

of valuable Imports from China among Steels and Rails,

the new controls lead to a Rubbers and Mining Issues.

complete trade embargo, The

news from bad

the Korean front was enough to set "The Economist” says that off the selling impulse. and some of the agitation against taxation and control develop-trade with Communist China ments in Washington kept the undoubtedly has been stared up ball rolling-

by Nationalist agents.

Unson

K. Whart S'hal Dock. 3.20 LAND, ETC.

IK Hotel 7.10 Bhai Land". 168 UTILITIES

*Tram

12.10

C. Light (0) 12 Electric

་་་་

牌。

060

100034

00

500

Telephone.. INDUSTRIALS

Coment STORES, ETC.

Dory

10

13

Datry (N)"

1116

Watson

COTTONS

Ewo

200

7.10

1000 @ 1.18

1214

88888

Weakness Cotton

13

In

Mixed Reaction

In London

Landon, Dec. ** The Block Exchance opened lower today sa a result of Korean reverocs but

Occasional showed recoveries ¿lšier.

Britlah funda - lost a half point

Japanese bonds closed 11 points down after three points off.

-"}

There was, NÄITUW regularity in industrials. Coppern · were firm nul mold shares maiņfy steady.

The Financidi Traca daily index was 114.1, off 0.3.—-—Assoclàtod : Press.

Assistance

For German Industry

Berlin, Dec) Ás Large-scale Marshall Plan-as-/| istance to the German: Alu- minium industry was announced today by Jean Cattier, chief of the economie Co-operation Ad- ministration Special Mission to, Western Germany,

JARDINE, MATHESON & CO., LTD.

FREIGHT AND PASSAGE DEPARTMENTS

10 Podder Street. Tel. 20351.

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

SAILINGS TO

Keelung

D. "WINGSANG"

E. "EASTERN

QUEEN"

1. "KUTAANG" E.S. "PRONTON

• "HANGBANG"

#... "PRONTO"

Јарам

Nooo. 9th Doc.

Bingapore & Calcutta 11 a.m.

12th Dec,

16th Dec

Tiantain

18th Doc.

Sandakan

24th Dec.

ARRIVALS FROM Tientaln

10th Deo.

Japan

50th Dec.

.Cargo accepted en 'through Bills

12th Dec. PONDICHERRY via Singapore and for KŪDAT, JEBBELTON, of Lading for MADRAS A LABUAN, TAWAU, LAHAD DATU

Calcutta & Straits..........

Sandakan.

0.0. "EASTERN QUEEN"

*.*. "KUTGANG"

a SEMPORNA via

AUSTRALIA CHINA LINE LTD.

*m.v. "KAFIRISTAN"

SAILINGS 'TO

Lau, Brisbane, Sydney, Melbourne & Adelaldo 12th Doc.

ARRIVALS FROM

Japan

11th Doc.

m.v. "KAFIRISTAN" Cargo. accepted on through BHs of Lading to Tamamla, Now Zealand and Pacific Island Ports.

GLEN LINE LTD.

SCHEDULED SAILINGS TO U.K, AND CONTINENT m.v. "GLENARTNEY"

Loading Now at Buoy A-1. salls 7th December for 8icalts, Colombo, Aden, Buez, Port Bald, London, Antwerp, Rotterdam/Amsterdam Hamburg, Duo Lon.

12th January.

m.v. "BREGONSHIRE"

Loads: 22nd December, Balls 24th December, for Straits. Colombo, Aden, Buez, Port Said, Alexandria, Genoa, London, Rotterdam/Amsterdam, Hamburg

An- twerp. Dus London 1st. February.

and

(Carriers option to proceed via other ports to load/dischargo cargo) SCHEDULED ARRIV ALS FROM LONDON

Leavo. London

Duo H.K.

Ballod Balled

10th Dec.

26th Dec.

6th Dec.

10th Jane

INTERMEDIATE BERVICE

Balled

15th Doc.

PRINCE LINE LTD.

Negotiations aro in progres3, 000 e 21% Mr Cattler said, to let German aluminium manufacturers have ju loan of 34,000,000 Deutsche Įmarks (about US$8,000,000) from

Marshall Plan counterpart funda, m.v. "QUENEARN"

In addition, Mr Cattler poira- my. "OLENGARRY"" ed out,

m.v. “RADNORSHIRE" the ECA is assisting Western Gerinary in obtaining much needed baudte from Greece for the production of

mav. "FLINTSHIRE" aluminium in Germany, Nezo- New York, Dec. 4. tiations are under way ·for. Cotton futures weakened to West Germany to buy approx The new export controls will active dealings. The liquidation mately 450,000 tons of bauxite wage and price contro's will deprive Hongkong Industries of

was encouraged by nervousness

Greece from. valuable

the

next over of raw have to be appiled to the ba-a

A over the Korean situation and three or four years. ilon's economy to svold materiais. But there is no likell fears over the imposition of price A

the moment

third method that the controls.

by which damaging Inflation.

Mr Snyder hood at

The Secretary of the the Marshell Fan is assisting British Government will take Treasury, Mr Snyder, said that did not say when,

the West Germany aluminium Losses were shown by Santo similar action to prevent being wage and price controls will industry. Mr Cattler added, is materials have to be imposed to avoid in-by agreeing to buy with Mat- Fe. Atlantic Coast Line, Nickel mode of raw

re-exported from Hongkong to dation. Pinte, Standard Oil, (New China.

shall Plan funds, 17,000 tons of Jersey) Gull Oll, U.S. Steel,

Traders anxiously awaited aluminiura for stockpile in the Republic Steel, General Motors. The view is taken here that the release of the

United States. Demi-Anal

Deliveries on Chrysler, Goodrich (off

more the controls already imposed by estimate of the 1950 cotton crop not expected, he said, to begin

these

contracts are proposed then four at times), American} the Hongkong Government to which is to be released on Fri-

day. Some dealers believed that much before 1952. Associated

Secretary of the Treasury John Snyder sald ⚫ general

source

TANKS OF ALL SIZES AVAILABLE FOR BULK ON Smelting, Western Union, Du prevent such exports are being Font, Westinghouse, Interna- suficiently well enforced to Bonal Paper, Admiral Corpora- make such action unnecessary. tion, and Montgomery Ward,

ARRIVALS FROM U.S.A.

MS. "ANNA MAERSK”

M.S. "GRETE MAERSK"

MS. "CHASTINE MAERSK"

AGENTS:

Dow Jones Averages;

Dec. 18

20 Industrials

222.33

Dec. 28

15 Rails

Dec. 30

10 Utilities

56 92 30.10

Associated Press.

For Freights and Further Particulars please apply to:-

JEBSEN & CO.

Fodder Building

PENINSULAR

Quiet Trading

In Textiles

Tel. Nos. 26661-3.

Decline In Chicago Grains

Chicago, Dec. 4. Wheat and soybeans led the New York, Dec. 4:

downhill march with the de- Quiet conditions existed in clines nearly two cents a bushel texille markets at the stort of at one point. Traders watched the week. Merchants in cotton, the дота trom Washington deal of interest, woollens and rayan goods mar- with a great Rots were actively engaged in especially for comment on con- & ORIENTAL scanning their production sche-trol measures,

dubes before taking on new Wheat futures closed % to 1% business for the week Prices, however; for all classes of goods, lower, corn was % to 1% lower remained strong.

onis % to 1% lower. 30 14 10 Tower. 2 lower and soybeans % to 14%

US HOS

STEAM NAVIGATION COMPANY

R.M.S. "CHUSAN”

:BAILS:

NOTICE TO PASSENGERS

BAGGAGE})

Saturday the 9th December at Noon for the United Kingdom via Straits, Colombo, Bombay, Aden and Port Bald.

ALL passengers baggage must be

In woollen goods and cotton texuice, mus were filing orders for milltary account, with talit

Prices closed today of auditional large orders in the followe:~~ making. Uncertainy over price controla, however, seemed to be Wheat-pries per bushel

Spot

a restricting factor in trading on March (1991) the part of civilian users-Asso- | May ciated Presa,

Quiet Tin

Market

London, Dec. ka The tin markoot

July

Com

Spot

March

Many

July

December

May. (1961)

Oste

December

March (1001)

04

1.0175-1 164-16371. 135-183 100%

icon

the Government's estimate for Press. the 1950-51 crop as of December 1 will be increased by severa hundred thousand bales, Nov. 1 forecant

The

bales. The market finished eight

to 164 points lower..

6047,000 Sugar Prices Go

Higher

Prices closed today as follows: Spot

December

March (1051)

May

July

October

December

March (1931) May

12/30

$1,10

40.23 -40.59-

39.40 - $0.10 39.04-39.00 36.63-88.23 3030 nominal 30.30 nominal 30.16

United Frem.

JAP TEXTILE OPERATIONS

Washington, Dec. 4.

of Agriculture reported today that the Japanese cotton textile industry is hearing peak, opera

The United States Department

New York, Dec. 4. Domestic sugar futures No. 6 closed four to seven higher.

January

March

May

5.70 bid

6.30

1.43

World sugar futures No. 4 closed four to six higher.

March

May

July

Naw sugar spot...

6.00 hid

5.03 bidi

6.03 nominal 0.21

Associated Press.

Seeds And Oils

Market

with the

the present capacity.

Now York, Dec. 4, Japan's Installed spindles are being operated at full time and market here closed today

Prices in the seeds and oils production

per spindle been changed with the following ex- raised to the pre-war level.

It added, Under this fall operation, cotton consumption bas reached the highest level of the post-war period."-United Prema

ceptions...

Tung Oil, in tank cars, F.O.B. New York, per lb 25-.

Castor Seed per long ton, FOB.

Brazilian Party nomial.

Flax Scod, per bushel, F.OB.,

189

Pepper Futures Minneapolis, 3.00-United Press.

New York, Dec. 4. Black pepper futures closed today inactive and nominally two to 10 points, bisher. Tho

New York Four-per to 1. pack spot market was quiet Buyers WDS very $12.00/United Pres during the morning

Aent to the Hongkong & Kowloon qulet

session on Monday. Turnover

Wharf Co's Godown at No. 2 GATE, was 40 tons, including, 18 tons CANTON ROAD ENTRANCE BY for cash

NOON on FRIDAY the 8th DECEM- Prioca closed today at the

BER

end of the outcial" morning sission as follows: Spot tin, pure Spot tin, selera

1,050 1,000 1,070-1,065

SPECIAL NOTE: With the exception of hand packages usa cone at

carried by passengers themselves ALL Three-months tim, buyers 990,

Three-moritza tin, mellor BAGGAGE must pass through the Business donat Wharf Co's Godown for loading on

Settlement board by ship's slings, only..

A

1056 -United Press.

On

BMBARKATION: Will take place on SATURDAY the Depression

9TH DECEMBER. between 9:80 a.m. and, 11 am.

Rubber Futures

In Singapore

Dec. 4.

today

Prices to the rubber, futures: smarket, here: Comid

follow

kafumber' 1 rsæder, per

December ****** 'Fantiery (1951): 1

Anglo-Israeli Finance

Talks

London, Des, 4.

Bond Market

Exchanges In New York

New York 2006, thị Closing foreign exchange (in U.S. cents): Canada Great Britain Belgium France Holland Italy Portugal Bwoden

Switzerland Argentina

New York, Déc. 4. The heaviest selling trend Mexico since the start of the Korean Hongzong Venioruela

war hit the bond market today and Japane

proved

hands

copecially, vulnerable,

Siyeteu Electric, 042 wère

09.STU DAY 1/10th $2.001 unchanged

1.20 of 0025 2846 unchanged. 10 20 0 01 Jas unchanged

$40

1947

$3.04. up..01

6.09 unchanged-

1.80

30,00

27.40

iated Press.

appeared to be holding back, walling for clarification of the International picture.

1.37 bomina)

Prices closed .today .po follows December January (1931) February Afarch

1.40

1,37

-United Pres.

Offers Of Copra

Copper Stagnant

New York, Dec. 4. today with no salen Amociated Copper futures closed quiet Press

NOTICE TO CONSIGNEES

NOTICE TO CONSIGNEES

ILY. "MARGIEEN MARREX**, having arrived from New York and Porta of call. Consignees of Cargo kre, hereby, mukuled that their goods being landed and placed at els sink and expenses into the at $217.50 per short ton, C.IF. Hong Kong & Kowloon Wharf BE the Pacific Coast,

Company's The reduc-Godow

godowisk" at tion of $2.50 per ton failed to obtained soon as the good,” are Kowloon, where delivery" may be

New York, Doc., 4. Sellers offered nearby copra

Optimal cargo will not be linded

ungover, any buying interest. landed.

In coopanut oll December position was offered at 17% here, unless notion has been given Dents and January at 17 centa o pound,

10 hours prior to vessel's, árrival, FOB. milla-United but carried on from port to port Preas.

to the final port of call to which the option extenda

Exchange Rates

behind B1⁄2 points at while New Orleans Coffondate

Tokyo Electric Light Sixes fell 41⁄2 at 42.

No claime will be admitted after the Goods have left the Godowna, and a good remaining undeliver- ed after the Dicember, 1339, will be subject to, rend pa --All- Iyeket,, chated, and damaged 1010 Goode ar bo bo joćt in the Dodowas,

4.80th Decumber, 1956, a29am. $100, DUR, QUcyyzuri. Hasety, Goddard-

∙12,00.-

Budna waw, done in the local vnofticat exchange market morning at the folding raten. 41 nữ bi storting note per 30.00-10.30-322 dollars (par #1)

41.00

40.00-40.09

New Orleans, Deo. Other foreign dollar. issues Foot An Israeli fianco delegation

December arrived, hore fonight to discuss because of a week-end,' ao- | May

wern miso depressed, partly Maron (1991) Yerel Sterling, balances with cumulation of scling orders

| Associated; KrERS, SU

U.S. TREASURY

b) The, delegation, wene led, by 44 Anydd Merowitz Feanomis. Ad~{..

xiaorto tho Imroll, GayBATE- ment, and Included B, Kostory, Fuel Allylief, and David Israeli. |

Position

vember

efernbor

December

May 1998-64.

4th

New

29.07-39.093/am, tlonism (par. 2003-

Bingapore (Birutė), FICH MANtrestslær 100% d

LONDON RUBBI

Sodiqovamp Londen, Kred closet: hám:-todayì na, füh

To comply with the Genatsi Bonded Warencia Regulatione nod

1961, ou, they whi

ARRIVALS FROM U.S. ATLANTIO & PACIFIC Dalis N.Y. Balls G.F.

Sallod

Balled Ballad 6th Doa

FORTS

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

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

Dus H.K. 12th Dec.

*2nd Jan

m. "DRITICH PRINCE"

Loads 12th Doo, for Japan, Philippines, Java, Binga- pare, Straits, Colombo, Halifax, Boston and New York. Vessel may call at Baigon and Slam.

m.v. "EASTERN PRINCE"

Loads 2nd Jan, for Japan, Philippines, Java, Balgon and Blam subject to inducement, Btrails, Colombo, Halifax, Boston and New York.

Cargo for St. John (N. B.) Montreal and Dermuda with tran shipment at Halifax or Now York.

All the above subject to alteration without notice. All Intending Passengers should. * registar thair, names as far sa possible in advance of the, tima at which they wish to leave.

PACIFIC TRANSPORT LINES

ARRIVALS FROM SAN FRANCISCO-

"PACIFIC

TRANSPORT". 6. “AMERICA TRANSPORT".

"CHINA TRANSPORT",

** "PHILIPPINE TRANSPORT"

Salla B.F.

Balfed

18th Nov.

Dus H.K.

17th Dec.

27th Dec.

23rd Nov. 29th Dao.

9th Dea. 10th Jan.

TO TAKUBAK, KOTE, NAGOYA, SHIMIDZU, YOKOHAMA, HONOLULU, SAN FRANCISCO & LOS ANGELES

22. "PACIFIC TRANSPORT".......

..Due 8.F. 12th Jan.

TO MANILA, ČEBU, KOBE, NAGOYA, SHIMIDZU,

- YOKOHAMA & SAN FRANCISCO

Baile H.K.

17th Doc.

* "CHINA TRANSPORT"

Balls H.K. ....... 20th Deo. TO CEBU & LOS ANGELES

Due 6.F. 80th. Jan.

12. “AMERICA TRANSPORT".

Salle H.K.

27th Dec.

Que L.A. #2nd Jan.

Through Dills. of fading issued to any Port. in "North. Amerion §-to-South American Ports

JARDINE, MATHESON & CO.. 18. Fedder Street

WATERMAN

LTD. Tel: 80311

STEAMSHIP CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS FREIGHT SERVICE

FROM US. ATLANTIC COAST VIA JAPAN

*. *. “LAFAYETTE"

2. A "WAB HAWKOLL

*. DIRECT FÓRUMO

11th, Deo, 3

NEW YORK, BALTIMORE & PHILADELPHIA,

TRAOREVIA JAPAN # HONOLULU.

1. 1. “LAFAYETTE”

ALSO ACCEPTING TRANSHIPMENT CARGO FOR GULE PORTS

WALLEM