I.
THE CHINA MAIL, TUESDAY, DECEMBER 12, 1880.
New High MP's
Demand:
R. L. Recorded WITHDRAWALS OF
ROYAL
INTEROCEAN
• SINGAPORE. JAVA
PORTS and
MACASSAR
ARRIVALS
14th Deo.
LINES
SAILINGS 18th Dec.
"VAN BEUTSr" -
"NIEUW HOLLAND”
21st Dco,
22nd Dea.
20th Dec.
""TASMAN" *
23rd Dco,
2nd Jan. 51
"THTJALENGKA"
6th Jan.151
11th Jan, '1
"TJISADANE”
• Only to Singapore, l'enang & B. Doll
• MANILA, EAST &
SOUTH AFRICA and SOUTH AMERICA
"TJIPONDOK"
"RUYS"
"BOISSEVAIN"
""TJIPANAS"
• JAPAN
"TIIFONDOR'
"RUYS"
"TJIPANAS”
"BOISSEVAIN"
ARRIVALS
13th Dec.
18th Dec, 10th Jan, 51
. 20th Jan. '51
ARRIVALS
SAILINGS
I 8th Jan, '51
0th Mar. '51
9th Feb. '51
SAILINGS
Deo.
15th
22nd Deo,
6th Jan. 51 7th Feb. '51 7th Mar. '51
23rd Jan. '51 21st Jan '1
;
Agents: HOLLAND EAST ASIA LINE
EUROPE via MANILA
and MALAYA
"LANGLEESCOT
ARRIVALS
SAILINGS
24th Dos. 11th Jan, 'SI
"MARIEKERK"
15th De
"MELISKERK"
Mld Jan 201
10th Feb. 'DI
Through B/L
Lorica
to
Mediterranean and Northern
European Foris.
JAPAN
"LANGLESSCOT-
"MARIEKEEK“
"MELISKERK"
‡ not calling ni Mantic
ARRIVALS
23rd Dea
7th Jan. '51
9th Feb. '81
SAILINGS
19th Des
Mid Jan. '51
AZKING'S BUILDING TELEPHONEST 28015 TO 2067
AMERICAN PRESIDENT LINES
The Global Flee
ST. GEORGE'S BLDG.
"PRESIDENT CLEVELAND"
PHONE 28172/5.
«Atr. Dec. I
Arr, Jan 12
falls Dec. 20 Sails Jan. 22
via JAPAN
Arr. Dec. 1J Sails Dot. 14
"TO HONOLULU AND SAN FRANCISCO via JAPAN
"PRESIDENT W.SON"
TO SAN FRANCISCO AND LOS ANGELES
PRESIDENT PIERCE
TO NEW YORK, BALTIMORE AND BOSTON vis PACIFIC COAST AND PANAMA
DARTMOUTH VicTony" In Por
ROUND-THE. WORLD
Vis Mania, Singapore, Colombo, Cochin, Bombay, Karachi, Suca, Port Said. Alexandria, Naples.
Marcellies, Genoa, New York
“MOUNT DAVIS" ·
Sails Dec. 13
& Boston. Art. Dec. 11 Sails Dec. 15
In Rails STERLING OUGHT
New York, Dec. 11. Atchison, Topeka and Santa Fe railroad skyrocketed 11- points in n sharp response to the news of a uranium strike on its land.
As the news of the strike spread in funnelal circles, the Issue advanced in
leaps and
bounds, touching off a rally
TO BE REDUCED
FROM OUR OWN CORRESPONDENT
London, Dec. 11.
Mr Hugh Gaitskell, Chancellor of the Ex- chequer, is to be asked to scale down the rate at to be which carried rails to a new which Pakistan, India and Ceylon are 10-year high for the third suc-allowed to draw on their Sterling balances to of the market to higher ground. finance development schemes under the Colombo
Motors sparked the rise in plan.
cessive day and led all sections
section
which
the industrial carried that component of the
niarket averages
$1.89 higher, the best industrial showing in the week.
Airlines vaulted to the fore in the Anal hour with gains ranging to more than a point. Aircraft manufacturing issues ranged up to two points higher. The volume reached 2,000,000 shares.
Dow Jones
averages at the the pession stood as
end of follows:
50 Industriais
20 rails
15 utilities
40 bonds
HK Agreed Merchant Rates
This morning's Hongkong agreed merchant rates:- Brarimum Selling. Minimum Duying Sterling Ladirect Sterling 3d higher than London rate for the uance involved):
229,9
74.42 39.37 102.28
1/1 29/30
United Press.
Sterling (East
1/2 23/32
Rubber Consumption
Washington, Dec. 11, The Commerce Department reported today that consumption of new rubber in September was 110,831 long tons, compared with
August
consumption of 114,670 tons. September con- sumption of natural rubber for transportation purposes was 40,049 tons, a drop of 1,910 tons from August.
for
The consumption of synthetic transportation increased
701 tons over August to a total of 20,588 tons.-United Press.
NOTICE TO CONSIGNEES
KL "ULYSSES"
Damaged EX BO ex this vesel will be wirveyed at Holt's Wharf between 10 ats, and Noon on De- cember 14 and 15, 1950, and con- signees are requested to have their representatives present during survey.
BUTTERFIELD & SWING, Auguta
Wongkong, December 13, 1900,
1/3 T.T
1/3 1/32 Q.D.
1/3 1/10 30 days 1/3 3/31 80 & 90 days 1/3 1/0 120 days. & South Africa): 1/3 3/33 O.D. it under L/Credit 13 1/3 OD. without
Credit 1/22nd up every
30 days, Sterling (West Africa & West Indies):
1/2 29/32 1/3 0/32 O.D. if under
L/Credit 1/3 11/33 O.D. w trout 1/Credit 1/32nd up every
30 days.
Rupeen India):
22 3/4
84
63 3/4 T.T. O.D.
Rupees (Aden);
82 3/4
84 1/07 & 30 days
84 1/4 63 days
04 3/8 20 days.
B4 3/8 O.D. it under
L/Credit
A 1/2 O.D. without
L/Credit
Rupees (Raniguon);
12 3/4
DJ
03 15/30 TT.
30 60 days.
BA 3/18 O.D.
81 7/10 6 days
845/18 7 & 30 days
4 0/14 90 days.
Rupees (Pakistan):
57 3/8
50 1/16 TT.
O.D.
30 1/0
5В 1/4
30 days
68 3/8
G0 days.
Malaya.
527/0
53 3/0
TT. & OD.
03 1/2
30 days
U.S. Dollar calendar
53 0/16 60 anys. (Delivery within
one month 1/10 down per calendar month thereafter): the
17 3/8 17 9/16 TIT. & O.D.
17 5/0 30 days
17 11/10 00 & 90 days.
question In a Parliamentary which he has put down for the Chancellor tomorrow, Squadron- Leader Frederick Burden, Con- out that the servative, points agreements recently concluded with India and Ceylon (negotia- tions for a similar agreement with Pakistan are still going on) will lead to a considerable in- crease in the flow of unrequited exports to these countries.
11
Trade Mission JARDINE, MATHESON & CO.,LTD
To Japan
Tokyo, Deo. 11. Thailand's nine- trade mission to Japan scheduled to arrive herO
Bocording Lomorrow.
to the Japanese Ministry of International Trado And Industry, quoted by the
Kyodo, news agener.
The Flamese mission is headed by Fhra Naranj Chamnany, Under-Scorb Lary of Commerce.
The Jon
se Govern- Japanese
ment hoped that the com- the Thai Ing of
mission would
facilitate nerolla- Lions for the Imperi of rioo from that country Dext year, the news agency re- ports. Japan desires to pur- chase 400,000 tons of rice during 1951--Reuter,
Cotton Trade Gets Attack Of Jitters
Squadron-Leader Burden says this outflow of unrequited ex-
New York, Dec. 11. perts will make it impossible Cotton futures backed and for us to produce the extra filled in jittery fashion today £300,000,000 of exports which while traders awaited further the Chancellor recently sald developments on
the Korean would be necessary next year to war and controls. Actual trad- offset the deteriorating terms of ing was largely of professional trade.
origin. Evening-up in maturing Squadron-Leader Burden will fair portion of the
December delivery accounted for business. therefore ask the Chancellor "Elsewhere, small upturns met he will reopen negotiations with an increased volume of hedge the governments named in an selling and liquidation, effort to reduce the flow of unrequited minimum."
exports to
Decline In
다.
Grain Market
while
other trade buying cushioned of the reactions. The buying deferred months against sales of old crops continued among traders xpecting price ceiling regulations.
A New York Cotton Exchange trade report said the thought hhil been expressed in numerous trade quarters that if a ceiling price is established in INW cotton, it would very likely be Chicago, Dec. 11.
around the 41 cents level. Such Corn and oats led the decline a figure presumably reflects the បទ tradiog continued light. fort that the average 'Talk of price controls again received by farmers for maricet Altered through
middle of during the the market.s
price
So far as the celling prices on November, as reported by the grains are concerned, these Department of Agriculture, was cannot be imposed except when
41.13 cents a pound, the Ex- change report added, prices are at parity levels and grains have not yet reached that point.
The market opened 12 higher to 18 points lower. Expiring Wheat
futures closed % to December contract was mlative
to 1 ly Arm but eased immediately, 1-% higher, corn was highor, oats lower to then steadied again at the close, higher, rye unchanged to 1⁄2 covering a range of 54 points
The higher and soybeans a higher below the highs and lows. to lower.
market rallled briskly in mid- afternoon under trade and mill demand but eased slightly again at the finish to end the day # lower to 9 points higher,
Prices closed
today follows:-
Prices closed today follows:-
Wheat--price per bushel
July
as
Canada:
Sput
2.35
10 1/10 Australia:
1/6 1/2
18 7/16 T.T. & OD.
December
March (103)
1/0 1/3 TT.
May
1/8 15/18 OD,
3.3415-2.39 2.401% -2.41 2.381-1 2.32.2.321
New Zealand:
Corn
1/2 20/33 1/3 3/16
Sput
1.7255
Spot
1/3 1/4 O.D.
December
1.07-
March (1941)
1,005-
May
2.01-1.00
July
1.00%-
kye December
1.50% bid
Date
December
Da12-16
March (1951)
auck, $12.83.
NB. Sterling selling rates for de- livery within two months with a cut of 1/32nd for every further three months forward.
NEW YORK FLOUT-per 200 15.
-United Press.
December March (1991)
May
July
October
December
March (1952) My
42.85
41.00
41.71-41.74
41.20-41.20
40.70–40.74
37.13-37.16
30.73
30.40 nominal 34.28
United PreSS.
NEW ORLEANS CLOSING
PREIGHT AND PASSAGE DEPARTMENTS
18 Pedder Ötrast, Tel. 20211.
INDO CHINA S.N. CO., LTD.
14. “EASTERN
QUEEN"
10. "PRONTO"
* "WINGBANG" e. "CHUNBANG"
1.6. "KUTBANG"
BAILINGS TO
Bingapore & Calcutta 11 am, 12th Dec.
Tlontein
... 4 p.m.
14th Dec,
Keelung
.... Noon
10th Doc.
Tiontain
10th Doc.
Yokohama, Nagoya & Koba..
19th Doc.
ARRIVALS FROM
K
4. "WINGBANG” 4.1. "KUTSANG"
"HANGBANG" Sandakan
Kealung
13th Doc.
Calcutta & Straits
10th Dec.
16th Doc.
Cargo accepted on through Bitia of Lading for MADRAS & PONDICHERRY via Singapore and for KUDAT, JEBBELTON, LABUAN •
TAWAU, LAHADDATU Sandakan,
GEMPORNA via
AUSTRALIA CHINA LINE LTD.
*m.v. "KAFIRISTAN"
SAILINGS TO
Lao, Brisbane, Bydney, Melbourne & Adelaide
(Limited Passenger Accomodation
ARRIVALS FROM
m.y. "KAFIRISTAN"
Japan
p.m. 13th Dec, Available)
................ mum. 13th Dec. *Cargo accepted on through Bills of Lading to Tasmania, New Zealand and Pacino leland Ports.
GLEN LINE LTD.
SCHEDULED BAILINGS TO U.K. AND CONTINENT m.v. "BRECONSHIRE"
Loads 24nd December, Salla 25th December, for Straits, Colombo, Adon, Suez, Port Bald, Alexandria, Genoa, London, Rotterdam/Amsterdam, Hamburg And Aa. twerp. Due London 1st. February. my. "GLENEARN"
Loads 4th January, Balle 8th January for Straits, Co- lombo, Aden, Buez, Port Said, Tanglor, Casablancs, London, Antwerp, Rolterdam/Amsterdam, Hamburg. Due London 14th February.
(Carriere option to proceed via other parts to lond/dischargo oarge) SCHEDULED ARRIVALS FROM LONDON
m.v. "GLENEARN" m.v. "GLENGARRY" m.v. "RADNORSHIRE”
Leave London
Dus H.K. Due Hoita Wharf an. 18th Dec.
Balled 5th Dec.
24th Dec
10th Jan.
Ballad Salled
16th Doo.
20th Jan.
cargo for Japan)
INTERMEDIATE SERVICE
m.y. "FLINTSHIRE" m.v. "PEMBROKESHIRE"
(All outward
vessels accopt
PRINCE LINE LTD, ·
ARRIVALS FROM U.S. ATLANTIC & PACIFIC PORTS
Salle N.Y. Salis 8.F.
6th Dec
Due H.K. At Buoy A2 2nd Jan.
m.v. "BRITISH PRINCE"
Balled m.v. "EABTERN PRINCE"
EAST COAST, CANADA & USA, via SUEZ
m.v. "BRITISH PRINCE"
Loads 12 Dec., for Wanishi, Philippines, Java, Binga- pore, Strafts, Colombo, Halifax; Boston and New York Vessel may call at 8algon and Blam.
m.v. "EASTERN PRINCE"
Loads 2nd Jan., for Wanishi, Philippines, Java, Balgon and Blam subject to Inducement," Straits, Colombe, Halifax, Boston and New York.
Cargo for St John (N. B.) Montreal and Bermuda with tram- shipment at Halifax or Now York.
All the above subject to alteration without notice, All Intending Passengers should.
reglater their
namce as far as possible in advance of the time at which they wish to leave.
The wars our generation has witnessed have brought what wars have always brought disturbances, unrest and a feeling of general insecurity--that's the way of all wars. Industry and mutual trade-useful pursuits of peace-are the endeavours in the opposite direction. This concern has argued whenever it could, that free access, free intercourse and trade between peoples,, contributes to peace and friendliness and security and takes the tension off where diplomats seem to fail. For, when all is said and done, people want the opportunity to work for a living. Trade and Industry, free and untrammeled, not only con- tributes to that opportunity, but is way of life. Vessels of our Line are. plainly marked and can be recognized easily when they sall in and out of the principal ports of the world, and we like to feel that they are practical symbols of this philosophy:— Iabrundtaent
INDEPENDENT
DEPENDABLE
Regular Sailings from Hongkong to New York, Baltimore
and Philadelphia via San Francisco or Los Angeles
DUE FROM:
6.S. “SIR JOHN FRANKLIN”
S.S. “FLYING CLOUD"
New York via Manila 1st week of Jan.
New York vin Martin 2nd wook of Jan,
SAILS FOR:
Fushan, Tsingtao, Taku Bar, Kobe, Nagoya,
Yokohama, San Francisco, Los Angeles, New York, Baltimore, Philadelphia, Boston vla Panama Canal. Ist work of January. Tsingtao, Taku Bar, Kobe,
Yokohama, Nagoya,
San Francisco, Los Angeles, New York, Baltimore, Philadelphio, Boston via Panama Canal. 2nd week of January.
HONGKONG SHARE MARKET
The volume of business on the Stock Exchange this morning The was valued at $73,090.
noon half day's business and closing prices were as follow:
BHARES BUYERS BELLERS SALES BANHS
IK Bank... INSURANCE
Unton DOCKS, ETC.
N.P. What .. Dock
London Tin
Improves
London, Dec. 11. Tin prices were harder at the Turn- morning session today. over was 65 tons, including 15
| tons for spot.
Prices closed today at the end of the official morning
as follow:-
Spot tin, buyers
Three-months tin, buyers
. 1300
OLA
Spot in soltera
Husins done at
1332
Provident.. 103%
S'hai Dock.. 3
LAND, ETC.
Three-months tin. adiera Business done at Settlement
HK Hotel.. 7.30
IIK Land
She Land
40 1.15
600 @ 41
UTILITIES
Train
1 100 12.75 ...... 2219
C. Light (0)
CLIMA (N)
Electric... Telephone Tel. (N) INDUSTRIALS
Cekent...
session
1,140
1,145
1,140
New Orleans, Dec. 11.
Spot
41.75
March (1951)
41.53-47.55
May
July
October
December March (1902)
May
47.12 10.02-40.00
37.01 36,01 bla
38.30 bid
34.10 bid
-United Press.
RUBBER'S
DECLINE
1,040 Prices 1.140
New York, Dec, 11. Rubber futures closed today with 2016 250 to 375 points lower, 1,543 sales
contracta. totalling 40
weakened after com- sleadiness following slash in the news of another conquer allowance of natural rubber during January and
market.
parative -United Press.
1000 Bids Invited For he local spot
February. Dullness featured
Scrap Iron
0836
64.25 nominal
81.25 traded 45.50-46,50 traded £3.00 Did
Prices closed today મ follows:- Spot December Tokyo, Dec. 11. January (GI)
March States
occupa- May tion nuthorities in Okinawa July have invited some 200 firms in Japan and the United States to 219 submit
0.40
BY
13
500 -1532 1000
1334
STORES, ETC.
Daty (N) 112
Watson
..... 2014
21
COTTONS
Ewo
216 2.70
COTTON GOODS
New York, Dec. 11. Tho erratic action of row
The United
bids for 500,000 gross
United Press. LONDON MARKET
London, Doc. 11.
futures Prices in the rubber tons of scrap iron located the island, General MacArthur's market headquarters announced today. follows:
GD
here closed today as
19-00
4856-49
4732-12
30-301
38-351)
United Press.
A seco
second lot of scrap ron,, No, 1 rubber (in cents per
b.) consisting of naval craft to be (January (1931) salvaged from the waters of January/Marchi the shore, were also offered to Apr/June
July/September the bidders.
October/December
The bids will be opened in
(Transhipment cargo accepted for Jamaica, Havana and other cotton prices and reports that February Reuter.
Cuban Ports, also Venezuela.)
LIMITED PASSENGER ACCOMMODATION AVAILABLE
...
Above Dates Subject to Change
For Information Apply to:
A.P. PATTISON & CO., INC.
GENERAL AGENTS: CHINA, FORMOSA, KOREA, JAPAN AND HONGKONG.
12–14 Queen's Road Contral 4th Floor.
CHINESE AGENTS:
Tol: 25346
OVERSEA CHINESE STEAMSHIP GO. LTD.
Washington might declare a national-emergency next week, with wage prico controls under consideration, brought a quiet situation in the Worth Rirect cotton goods trade market,
Brokers said Inquiries were centred' mostly for the second
Japanese
In
SINGAPORE MARKET
Singapore, Dec. 11.. Prices in the rubber futurca market here cloood tolay да
Bonds to towa
London
ord third quarters next year. Japanese Bonds Heavy mows in the Mid-Wort and rain in the Eastern States
cut into retail business--United Press
Offors Of Copra
New York, Dec. 11. Sellers continued сорта
(1030) Consola
London, Dec. 11.
1010) 33
(0% at 1907) 444 "D" (5». of 1934) 41
(8 of
04
71
United Press.
Exchange Rates
Tudniew was done in the loce
Number 1 rubber,
PACIFIC TRANSPORT LINES
ARRIVALS FROM SAN FRANCISCO
TRANSPORT"
EL "PACIFIC
"AMERICA TRANSPORT"
"CHINA TRANSPORT"
6.2. "PHILIPPINE TRANSPORT"
Balled
Dus H.K.
Salla 8.F.
20th D80.
Balled 23rd Nov.
27th Dec
28th De
9th Dec,
10th Jan.
TO KOBE, NAGOYA, SHIMIDZU, YOKOHAMA,
BAN FRANCISCO, & LOS ANGELEB
"PACIFIC
TRANSPORT"
Salle H.K.
21st Déo
Due 8.F.
19th Jan.
TO MANILA, CEBU, KOBE, NAGOYA, SIRIMIDZU, YOKOHAMA & SAN FRANCISCO
1.6. "CHINA TRANSPORT"
Salis H.K.
Duo B.F.
29th Dec.
30th Jan.
TO CEBU & LOS
"AMERICA TRANSPORT
ANGELES
Balls H.K.
27th Dao.
Duo LA 22nd Jan.
Through bills of lading fasued to any Port is North America & to South
American Ports.
JARDINE, MATHESON & CO., LTD.
18 Pedder Streat.
WATERMAN
Tel: 30911
STEAMSHIP CORPORATION
MOBILE ALA USA
WATERMAN LINE EXPRESS
FREIGHT SERVICE-
FROM US, ATLANTIC COAST VIA JAPAN
per lb. December January (1051)
150-157
101-152
February *******
147-140
#1, #. “LAFAYETTE”
Number a rubber,
"WAR HAWK”
December
181-193
145-160
137-134
Number 3 rubber,
December
Dooomber
Number 4 rubber.
Black crepe
Epat ebber, umbalnd
No. 1 pale crepe
100-11
125-17-
_169-273
United Press.
New York Metals
Prices in the metal marks
New York: Déc. 11. to ofor for nearby shipment at
exchange marketį; this here: closed today unchanged $215 per short ton, C13. the unafficial
„morning at the followeto "· rates mak Pacide Const. There were no surling note (per into with the following exceptions. takera In coromausoll, nÉKKRY" UB, ASines (par) #3) ASTRA GARA Tin, Grade A (99,80 per cent" shipment was offered unchanged, Indonesia guilders (per 100% or higher)
PRODA SEZONE) slam tloskas per 100) diena The New York Pie Ib.
„Duo about... 17th Dec, 1059
- DIRECT FOR
28th Dec. 1950
NEW YORK, BALTIMORE & PHILADELPHIA
VIA JAPAN & HONOLULU.
a. #. "LAFAYETTE”.
1.
................. Balls about
"WAR HAWT”
18th Dos, 1950 20th, Doo: 1950
ALSO ACCEPTING. TRANSHIPMENT CARGO FOR
GULF PORTS.
ALLEM &
Agonta
CO., LTD.
Hongkong & Shanghai Bank Buliding
Telephones :-88041-5,
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