1950-12-08 — Page 11

R. IL

ROYAL

INTEROCEAN

- SINGAPORE, JAVA

PORTS and

MACASSAR "TJITJALENGKA“ "VAN HEUTOZ” • ~TJIBADANEY

"TASMAN" »

ARRIVALS

.In Port

.13th, Dea

„22nd: Debu

23rd Dec.

LINES

SAILINGS 10th Dec, 17th, Deo. 26th Dec,

2nd Jan. '6

Only to Singapore, Penang & B. Dell.

• MANILA, EAST &

SOUTH AFRICA and

SOUTH AMERICA/

TJIPONDOK"

TJIKAMPEK”

"RUY8"

"BOISSEVAIN"

· "TJIPANAS**

O JAPAN

"TJIKAMPEK”

"TJIPONDOK"

"RUYS" "BOISSEVAIN" "TJIPANAS"

Agents:

ARRIVALS

.12th Doo,

18th Dec 18th Jan, 51

. 20th Jan. '51

ARRIVALS

9th Dea.

6th Jan. 31 7th Mar. '51

7th Feb. '51

SAILINGS

11th Doc.

8th Jan, '1 9th Max. '51 9th Feb. '51 SAILINGS

15th Deg. 22nd Dec.

21st Jan. '51 23rd Jan, '51

HOLLAND EAST ASIA LINE

• EUROPE via MANILA

and MALAYA

"LANGLEESCOT" +

"MARIEKERK"

"MELISKERK”

ARRIVALS

15th Dee

Mid Jan 'BI

SAILINGS 24th Dec. 11th Jan, '51 10th Feb. '51

Through

to B/L rued

Mediterrancan and Northern

$ not calling at Mandia

ARRIVALS-

22nd Dec.

European Porta,

"LANGLEESCOT"

• JAPAN

"MARIEKERK"

"DELISKERK"

7th Jan. '51 0th Feb. '51

SAILINGS

10th Deo. Md Jan. '51

ERINGSEBUILDING TELEPHONEST MOTSETO 2017 TECHNISHESHENI, 12 CONNAUGHT RONDIT, UK TO 20

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

NEW YORK, BOSTON, BALTI MORE & PHILADELPHIA, via SAN FRANCISCO, LOS ANGELES AND PANAMA

NEXT SAILINGS

M.S. "SALLY MAERSK"

M.S. "MARCHEN MAERSK"

M.S. "ANNA MAERSK"

Dec. 24

Dec. 30

Jan. 17

TANKS OF ALL SIZES AVAILABLE FOR BULK OIL

ARRIVALS FROM U.S.A.

M.S. "ANNA MAERSK"

M.S. "GRETE MAERSK"

M.S. "CHASTINE MAERSK”

THE CHINA MAIL, FRIDAY, DECEMBER 8, 1950.

London Shares Embargo On

China Put

Rather Lower

London, Deo. 7.

The London Stock Ex- change was slightly lower today as a remalt of the continuing

crisis.

Turnover

Fractional

Far Eastern

WAS small, Jonses Wero widespread in industriais, bils, mining and comunmodi ty shares.

Financial Times' Index: 113.4-Associated Press.

Jitters Om NY Cotton

Market

11

Cargo For JARDINE, MATHESON & CO.,LTD.

Into

Effect

San Francisco, Dec. 7.

A general U. S. Department of Commerce ambargo design- ed to halt all cargoos-foreign or American – through`U. S. ports for Red China has been put into effect by the Customs Service here.

Dispute Over US Line

took

*

nounced

The new restrictions, an- yesterday, tighten Commerce Department reguln- tions put into effect last wook- end.

Under the earlier regulations, American shipments were put under special licensing controls on Saturday,

Shipments that were loaded Earlier, under general expor:

licences, were untouched..

CARGOES FOR UK,

HONGKONG

SHARE

MARKET

The volumno, of business

FREIGHT AND PASSAGE DEPARTMENTS

18 Pedder Streat, Tel. 30311.

INDO CHINA S.N. CO., LTD.

.6. "EASTERN

QUEEN"

** "PRONTO" #.#. "KUTBANG" 6.8. "CHUNBANG" La "HANGSANG"

0.1. "EASTERN '

QUEEN!

(8.4. "PRONTO"

SAILINGO-TO

Bingagora & Calcutta 11 a.m. 12th Dec. Tientaly

14th Dec.

Yokohama, Nagoya & Keba Tiantain Bandakan

18th Dượ..

17th Deo,

24th Doc.

ARRIVALS FROM

Japan.

Tlentiin

DA.m. 10th Dec. 11th: Deo. 12th Dao.

.. "WINGBANG" Kootung

Cargo accepted on through Dill of Lading for MADRAS 4 PONDICHERRY via Bingapore and for KUDAT, JEBBELTON, LABUAN, TAWAU, LAHADDATU Sandakan.

SEMPORNA vla

AUSTRALIA CHINA LINE LTD.

business

and

"were

*m.v. "KAFIRISTAN"

SHARES BUYER: #ELLELS BALES

IIK Bank.

1330 INSURANCES

Union

BAILINGS TO

Lad, Drisbane, Bydney, Melbourne & Adolaldo 13th Doo. (Limited Passenger Accomodation Available)

ARRIVALS FROM

Japan

m.v. "KAFIRISTAN"

12th Doo. Cargo accepted on through Bills of Lading to Tasmania, Now 700 3.25 Zoaland and Pacific Island Ports.

3.25

now regulations, DANICA

type that are through U S China,

660

DOCKS, ETC.

K. Wharf

po

and

Dock

and

S'hal Dock

13 9.10

1000

Hongkow .. 0,5

1688 6 8.75

100 0 534

LAND, ETC.

HK Hotel

7.30

2000 @ 739

600 @ 7.40

125

HK Land UTILITIES

Tram

Washington, Dec. 7. Foreign goods, transshipped the Stock Exchange this mor The Justice Department today through U S. ports for the ring was valued at $200,411.20.

The half day's new slept to hold in Orient also were not covered in

regulations. except for noon closing prices Government possession a 92 per the New York, Dec. 7.

considered follow cargoes cent stock interest in American those Cotton futures prices raced up

strategic. in the price scale, President Steamship Lines, and down

Under the orders to amall

It responding

asked the U.S. District

lismies litigation cargoes of any The uncertainties Court to either way. In the Korean Bituation kept challenging Governinent owner-transshipped. traders on edge. Possibilities of ship of the stock, and disclosed ports en route to Red

Manchuria

Hongkong clashed that President Harry Truman compromise

peaco

be unloaded Macuo will with unconfirmed rumours that a week ago gave Secretary of the Administration might de-commerce Chartes Sawyer in will require a special licence clare a state of limited emer- niructions to continue to hold to be shipped. Associated

the Press, gency. Following out that line this stock on behalf of of reasoning, traders begon to United States. develop fresh fears that the

R. Stanley Dollar of San might decide to Administration

Francisco and a group of his put a quick freeze on prices. associaten have waged a five- The muddled situation in in-year fight for the stock. They ternational politics and uncer- tainty over Government controls contend it is legally theirs, by of the fact that American al home brought some selling President Lines is the successor

S right after n higher opening.

when company to the old Dollar of Nervous longs ran away

Steamship in Delaware the market started to slide un der the impact of hedge selling which they controlled for years, The Justice Department asked and commission house liquida the District Court to dismiss the entire litigation, notwithstanding of Appeals opinion that the stock belongs to the old Dollar interests and should be returned to them by the Government. The Supreme! Court last month refused to re- View this decision-Associated Press.

tion.

Uncovering

of stop loss

orders speeded j the mid- morning break which did not culminate until March delivery dropped almost 100 points from

Mill

and the opening high.

tráde intercals

sub- sequently brought a brisk rally from the

olber

ef about 50 parket had n

lows, but the

hord time in holding the rallies in the face of hedging and Bquidation.

The evening up furnished another feature. The circulation of delivery notices for 1,200 bales brought recur- ring spells of liquidation in the spol month.

The market opened off 5 to

recent

Court

Lines

Poland Gets

Big Credit

up 20, then slumped to lose From

of 19 to 04 points on the mid- morning break and then closed 40 points to 11 points higher. Prices closed today as follows

42.76 41.03

Spot

December

March (1991)

May

41.80-41.05 41.13-41.23

July

40.35-40.00

October

35.00

Dec. 18

30.50

March (3052)

Dec 28

May

Dec. 30

For Freights and Further Particulars please apply to:--

AGENTS:

December

30.32 Domin 30.03 -United Press.

NEW ORLEANS

New Orleans, Dec. 7.

41,85 42.92 bid 41.54-41.05 41.05-41.00

Spet

December March (1961)

May

July

October

March (1032)

Tel. Nos. 26661-8.

May

JEBSEN & CO.

Pedder Building

AMERICAN PRESIDENT LINES

The Global Fleet

S.S. PRESIDENT MONROE

will sail on

SATURDAY, December 9, at 4 P.M. for Manila, Singapore, Penang, Colombo, Cochin, Bombay, Suez, Port Said, Alexandria, Naples, Marseille, Genon, Leghorn, New York and Boston. Passengers are requested to board the vessel on Saturday, December 9, between 1 and 3 P.M.

PENINSULAR

NOS SEPA

December

*40.40

30.78 bld 35.21

35.30 bld 30.11 bid -United Press.

Wall Street Cautious

,

New York, Dec. 7. Stock traders operated cau-.

Transfers

tiously today. The final result was a small overall deelle, Rail shares were again prominent hut some had difficulty pushing any further ghead after Wednes- day's sharp goins.

1,810,000 Among the gainera were Northwestern, and Chicago"

Ohio, Willys Baltimore and Overland, International Nickel

Among the stumblers w/cre

Lockheed,

were

Emerson

C. Light (0) 1292 1312 XD C.R. C. Light (N) 7.70 015 XD C.R Electric

Telephone Tele (N)

.... 2015

9

INDUSTRIALS

Cement STORES, ETC.

Dairy Dalry (N).. 113

500

Cese eers déssecset66SUJES

2014

2022

GLEN LINE LTD. SCHEDULED SAILINGS TO UK, AND CONTINENT

m.v. "BRECONSHIRE"

Loads 22nd December, Sails 24th December, for Straite. Colombo, Aden,, Suez, Part Bald, Alexandria, Genoa, London, Rotterdam/Amsterdam, Hamburg and An- twerp. Due Landon 1st February.

m.v. "GLENEARN"

Loads 4th January, Balla” 8th January for Dtraits, Co- lombo, Aden, Buez, Port Sald, Tangler, Casablanca, Hamburg. London, Antwerp, Rotterdam/Amsterdam, Due London 14th February.

(Carriors option to proceed via 'other ports to load/discharge cargo)

SCHEDULED ARRIVALS FROM LONDON

13

Leave London

Dus H.K.

m.v. "GLENEARN"

12 20

m.v. "OLENGARRY".

Balled Balled

14th Doo,

24th Dec.

m.v. "RADNORBHIRE"

5th Dec.

10th Jan.

Watcon ..... 2154

INTERMEDIATE BERVICE

m.v. "FLINTSHIRE"

Balled

16th Dec,

Company, and Loews.

EWD ........

200 & 21%

2.70 1000 @ 2.00

m.v. "PEMBROKESHIRE"

Balled

20th Jan.

Dow Jones averages:

Stocks

82.18

20 Industrials,

225.04

70.35

39.25

Armour, Radlo, Allied Chemical, Texas COTTONS

15 Raits

10 Utilities

-Associated Press.

Soviet Restricted

Moscow, Dec. 7.

▸

today that Business In

A Soviet foreign trade puba- calion disclosed

Russia has extended a 2,200,- 000,000 rubles credit to Poland

for the purchase of

Tadeusz

Indutrial

and other equipment:

The amount of the credit prant under the Soviet-Polish economic agreement was mate pubile by Poland's Minister of Foreign "Trade, In an article in the magazine "Foreign Trade," organ of the Soviet Ministry of Foreign Trade.

Textiles

New York, Dec. 7.

Japan Buys

Wheat From

Canada

Vancouver. B. C, Dec, 7. Sale of 7,000,000 bushels of Canadian wheat, valued ut $14,000,000 to Japan was con- firmed here by officials of the Canadian Wheat Board,

The first of 20 cargoes will be loaded here in January, Mr W. Ac- Moderate size sales were con- C. McNamara of

Unsettlement

of the

All outward vessels Accept Cargo For Japan,

PRINCE LINE LTD.

ARRIVALS FROM.U.S. ATLANTIC & PACIFIC PORTS

Salle N.Y. Bulis B.F.

Balled m.v. "BRITISH PRINCE"

Balled Sailed m.v. "EASTERN PRINGE" ...

6th Doo EAST COAST, UANADA & USA, vis SUEZ

Duo H.K. 12th Dec. 2nd Jan.

m.v. "BRITISH PRINCE"

Loads 12 Dec, for Wanish, Philippines, Java, Binga- pero, Straite, Colombo, Halifax, Boston and New York, Vonnal may call at Balgon and Glam.

m.v. "EASTERN PRINCE"

Loade 2nd Jan,, for Wanisht, Philippines, Java, Balgon and Blam subject to inducement, traite, Colombo, Halifax, Boston and New York,

Cargo for St John (N. B.) Montreal and Bermuda with tran

All the above subject to alteration without notice. their register All Intending Passengers should names as far as possibile In advance of the time at which they wish to leave.

Gede, firmed in the print cloth section❘sistant Chief Commt shipment at Halifax or New York.

of the textile market, but the the Board, announced.

The balance of the Industry revealed

sajo involves various grades, costing up to quiet conditions,

$.105 a rawy bushel, FOB Vancouver. Trans- cotton goods market, and the Pacific freight costs about $10

a ton. Mr Gede's article suid the fact that mlls were sold as far Sovlet loan would be repaid ahead as they wished to be at Payment will be in United present time, restricted States dollars, earned by cur- with supplies and goods pro- the

rent export of Japanese goods duced chiefly by enterprises business,

Canada The woollens and worsted to

and the United built in Poland "thanks to Soviet

NY Rubber supplies, equipment, technical goods markets continued to be States-Ansociated Press.

Firmness

New York, Dec. 7.

Rubber futures closed today 150 to 250 points higher, with sales totalling 104 contracts.

and financial help"-As- sociated Press,

Pepper Futures

New York, Dec. 7. Black pepper futures closed Prices closed today as follows: today inactive and nominally 71 nominal unchanged.

Spot December March (1951) May July

ES

The spot market 61.00 nominal ruled quiet with small business

dealers passing between grinders interests generally remained aloof.

35.00 traded

40.75 traded

48.50 bid

-United Press. S'PORE MARKET

Singapore, Dec. 7.

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

No. 1 rubber, per lb,

December

No. 1 rubber January

(1031)

17244-17315

101

-16#

No. 1 rubber. February 767 -150 No. Z rubber, December 182-183 No. 3 rubber, December 18214-15344

& ORIENTAL No. 4 rubber, December 1424-14315

STEAM NAVIGATION COMPANY

R.M.S. "CHUSAN"

SAILS:

NOTICE TO PASSENGERS

BAGGAGE:

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

ALL passengers baggage must be Bent to the Hongkong & Kowloon Wharf Co's Godówn at No. 2 GATE,

Spot rubber, unbaled a Black crepe

No. 2 pale crepe

173-174 125 -M7

170 -102

-United Press.

NY Losses In

Jap Bonds

New York, Dec. 7.

Corporate bonds were nar..

Prices

cloped

follows:- December January (1951)

February March

confronted with a shortage of materials as well as advancing rew wool costs.

Business was slow, owing to a lack of offerings.

Strength in rayon yam prices and fears of price controls were dull fuctors contributing to trading conditions in the rayon markets-Associated Press.

Bank Quotations

New York, Dec. 7. Closing quotations: Bank of America..... 2516 b

today ELG

1.57 nominal Chase National 1.40

1,47

National Ch

1.47

United Prog

3011 bid.

London Tin Market

London, Dec. 7. The tin market eased at the moming session today. TUITI- over was very small-only 25 tons, including five tons of spot. Prices closed today at the end of the official Ression SLA

Spat un, buyers

PACIFIC TRANSPORT LINES

ARRIVALS FROM SAN FRANCISCO

Balta 8.F.

TRANSPORT". 8. "PACIFIC

.. "AMERICA TRANSPORT". TRANSPORT": LL. "CHINA 6.4. "PHILIPPINE

Sailed

Due H.K. 19th Doc.

Salled 23rd Nov.

27th. Dea.

20th Dec.

TRANSPORT" ..

9th Deo.

10th Jan.

TO KOBE, NAGOYA, BHIMIDZU, YOKOHAMA, SAN FRANCISCO, & LOS ANGELES

follows:-

1,000

TT Baked

spot un, sellers

1.003

Business done at

1.000

3811 asked

Three-months tin, buyers Three-months tin, sellers

000

.. "PACIFIC

090

Businen done at

Søttlement

1,000

-United Prem.

44 vid. 40%, naked

Associated Press

Newsprint Export

To Malaya: Query In Commons

London, Dec. 7.

Japanese Bonds

In London

London, Dee.

Japanese bands "A" (4s of 1809)

dilto-

- alito -

1930)

ditto

Conmls

“D” (48, DI 1010) "C" (0% of 1907)

**)" (58. of 1034) 4335

(65.

of

71

United Prom

Mr Harold Wilson, President of the Board of row, Japanese bonds lost sub-Trade, said today that he could not increase the stantial portions of the specta- amount of British newsprint exports to Malaya the Geelong wool sales-closed. cular gains posted yesterday in 1951.

Government of Japan 6

were down 43 3/4 at 600 1/4. Nine separate Japanese items

Wednesday.

Air Commodore, Arthur Harvey, Conserva- were lower. Trading in these tive, had asked in the House of Commons if Mr issues was much lighter than on Wilson would make available to newspapers in Among curb stumblers were Malaya more British newsprint from the lower Barium Steel, Cities, Service, priced export surplus in 1951. Humble Oil Associated Press.

"Tho Wilson replied:

Mr Wilson: "The representa- no means ·£n- whole of the 100,000 tons totions were_by which

Government has effective. But it would only to increasY the limited exports (to the Common-be posible

for Malaya if we wealth from British mille in allocation

were able to already

committed.

produro one of

+

CANTON ROAD ENTRANCE BY New York Sugar

NOON on FRIDAY the 8th DECEM-

BER.

Goes Lower

New York, Dec. 7. #PECIAL NOTE: With the exception of hand packages Domestic bugar futures No.

carried by passengers themselves ALL closed unchanged to one lower BAGGAGE must pass through the mary......

Sales 60 contracto.

KAT

Wharf Co's Godown for loading on Match bóátů by ship's slings only.

Will take place on SATURDAY the 9TH DECEMBER between 9.80 mm ANI: 11 1.06-

MAY

Fut

0.70 nominal

041 bid 6.43 tika World suger futures No. 4 closed one lower to one higher. sale 104 contracts.

mundo, ON BOT

July

Mr

the

110 the allocation it took full |the other forms of export.",

of the representations MeAlan Lennox - Boyd made on behalf of the colonies (Conservative): "Was any extra and other parts of the Con-weight given to Malaya in view monwealth."

of the fact that it is the only Commodore Harvey. Docs part of is Empire now at wart that mean that the representa-

Mr. Wilson KWG were gulden Bons have been ineffective? Do

Colonial you not think that Malaya, which by the

GEELONG SALES

Melbourne, Dec. 7. Continental interests were ac- tive today in a firm market as

Merino fleece sold as high as 282 peace (Australian) a pound. Small lots of lamb's wool were top price on this type was 808

Penco keenly sought. The (Australian) a pound.

This Wodbesday's and price equals Is within fourgence of the world record-Associated Press.

Eichange Rates

Dulalzeme was done in the local

market undicial exchang morning at the following rates>——

18.00 Sterling note. (per &) U.S. dollars (per #1)... Indonesia #uilders, (per 100) Biam ticala (per 100) Singapore (Biraita) 770 plastres (per 100)

TRANSPORT".......

Balis H.K.

21st Doo

Duo B.P.

10th Jan.

TO MANILA, CEBU, KOBE, NAGOYA, BHMIDZU, YOKOHAMA & SAN FRANCISCO

"CHINA TRANSPORT"

Balls H.K.

Due 8.F.

29th Dea.

30th Jan.

27th Dec.

DUE LA. 22nd Jan.

TO CEBU & LOS ANGELES

Balle H,K.

.. "AMERICA TRANSPORT'......

Through bills of fading issued to any Port In

North Amerion: a to Bouth

American Ports.

JARDINE, MATHESON & CO., LTD.

18 Pedder Street

WATERMAN

STEAMSHIP

Tel: 80311

CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

17

FROM US. ATLANTIC COAST:VIA JAPAN

"LAFAYETTE".

a.

Duo about

1. L. "WAR HAWK“

*14th ·Dov, 1950 28th Des, 1959

DIRECT FOR

NEW-YORK, BALTIMORE & PHILADELPHIA

VIA JAPAN & HONOLULU."

4.00

27.00

*. *. "LAFAYETTE”

1.795

LL. "WAR" HAWK"

11.00

Offers Of Copra

Salts about 15th Do6, 1858

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

GULA PONTS,

Bellers continued to of WALLEM & CO, LTD.

New York, Dec. 7. is going through this frighthai They gave us their views on emergency, noede paper at the shipments to particular colonies." copts for nearby shipment at right pricot In view of the Air Commodore Harvey gave 321800 per chori, ton. VALAIS earned or the colony, notico that. Ingwienia pre he was fadifprent. In

„December

Buyers

сорок