1951-01-31 — Page 9

THE CHINA MAIL,

WEDNESDAL, JAKĀTUZAIWA 03)

AVUKA

MESSAGERIES MARITIMES Bradford Market Free Gold Market Rationing

M

"THEOGENNITOR" "GRANVILLE"

ARRIVALS

from Europa

from Europe

M

6th Feb.

7th Feb.

SAILINGS

PASSENGEN/FREIGHT SERVICE

"A MARSEILLAISE"

"FELIX ROUSSEL

to Marwellies via Manlia to Marsellies via Manila

8th Feb.

1st Apr.

FREIGHT SERVICE

"BEAUVAIS"

"MEINAM"

*"GRANVILLE“

.N. Atrios & Europe 20th Feb. N. Africa & Europe 21st Mar N. Africa & Europe 26th Mar. for

PORT SAID, TUNIS, MARBEILLES, ALGIERS, ORAN, TANGIEL, CASABLANCA, HAVEE, DUNKIRK,

ANTWERP & ROTTERDAM.

CIE DES MESSAGERIES MARITIMES

Queen's Building

Tel. 26051 (Three Lines)

AMERICAN PRESIDENT LINES

The Global

ST. GEORGE'S BLDG,

TO HONOLULU AND SAN FRANCISCO via JAPAN PRESIDENT WILSON PRESIDENT

CLEVELAND

PHONE 28172/5.

Art Fob. Arr. Pab, ZY

Sxil Feb,· 5 Sails Fab, 25

Art. Job, Z

Balls Feb. 3

TO SAN FRANCISCO AND LOS ANGELES via JAPAN F-RESIDENT TAFT

TO NEW YORK, BALTIMORE AND BOSTON via PACIFIC COAST AND PANAMA

Arr. Feb. 13 FILLMORE

PRESIDENT

8 Feb, 13

ROUND-THE-WORLD Via Manila, Slagapore, Colombe, Cochin, Bombay, Karachi, Sues, Part Bald, Alexandris, Naples, Marseilles, Genoa, New York & Boston,

PRESIDENT POLK

Art, Feb. 16

WATERMAN

||

At Full Stop

Bradford, Jan. 30.

For the Best time in two months tho market in wool tops has come to u stop in ita headlong full

movement and upward buyers were holding back. In the absence of press-

ton ing inquiries,

wool

top

nil their makers quotations unchanged from Thursday. Nobody that the dares to stude

rise is approaching prico the end, however.United Press

New Buying Appears On Wall Street

В

Operations Attacked In U.S.

New York, Jan. 30.

metals

Of Steel R. L.

Possible

Washington, Jan, 30.

to

The Government is consider- ing putting definite limits on the of steel and other The New York Journal of Commerce said to-nmount

that may be used day that the effectiveness and prestige of the make passenger cars and other consumer goods, an International Monetary Fund were being under-durable

Such limitations were describ mined “by the snow-balling character of the authoritative source disclosed.

ad as a possibility during the world's free gold market.”

second quarter of Canada was apparently on the verge of follow-which starts on April 1. ing South Africa's example "in succumbing to the lure of $48 an ounce of gold," the paper said.

The Bank of France was re- ported to be operating indirect- ly in the black market, the paper added,

As

a result, experts here were interpreting the tree gold moves as further evidence of the inability of the Fund to main- tain stablo foreign exchange rates in a world where condi- tions were changing drastically, it said.

HONGKONG SHARE MARKET

New York, Jan. 30. New buying brought on by a proposal for a two for one Santa Fe stock split pulled the

The volume of business stock market higher today.

The Journal added that a transacted on the Stock Ex- Near the close there was flurry of profit-taking that cut leading figure in New York change this morning was valued

the at $37,720 The circles likened

morning's banking

that of a business and noon closing pricca some prices down under their

Fund's position to best.

strong on were as follow:- The apread of the wildcat house apparently rabroad strikes in Detroit and the outside but gradually being away by termites from Chicago had a dampening in-caten

below. fluence on the entire market.

"The financial opinion is that Pacific. Higher were Canadian

International Monetary Union Paci- the Southern Pacific,

fic, Southern Railway, und will be able to hold the

Texas

line on $95 an ounce of gold, Oil of N. J..

through diplomatic Philip Morris, Dow Chemical, but only American Cyanamid, U. S. preasure that brings about an to the conformance Steel Youngstown Sheet and outward

permitting policy while Tube, Sears Recbuck, Schenley IMF Industries and Zenith Radio.

Increasing evasions," the Jour Among stocks moving lower nal suid-Reater.

Jones and Laughlin, U. S. were Rubbery

Ward, Montgomery Admiral Corp., International American Can, Air Re-

Paper

Falls Feb. 17

STEAMSHIP CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

FROM U.S. ATLANTIC COAST VIA JAPAN

8. &

1.

ANDREW JACKSON" "KYSKATM

...Due about

L2

DIRECT FOR

27th Feb. 1051 12th Mar, 1951

NEW YORK, BALTIMORE & PHILADELPHIA

VIA JAPAN & HONOLULU.

8. 8. "ANDREW JACKSON"

3. 8. "KYBKA"

Sails about....

28th Feb. 1931 13th Mar. 1951

F

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

GULF PORTS..

WALLEM & CO., LTD.

Agents

Hongkong & Shanghai Bank Building Telephones:-38041-5

FLY WITH THE LEADER GO

CLIPPE

1 of 4 great features that set a now world standard for air travel

NOW! YOU GET

SLEEPERETTE*

ON PAN AMERICAN'S

DOUBLE-DECKED

"STRATO" CLIPPERS*

On all flights to the U.S.A. (via Manila) -enjoy the bed-length comfort of luxuri- ous Sleeperette. No extra charge! Full-size berths free to Honolulu-only $10 extra from there to the U.S.A.

Call your Travel Agent or... Hong Kong Halal, Phones 31629, 31620 Portneula Hotel, Phones 57385, 17675, 87694 Hong Kong

*Trade Marks, Pas daarlem World dirways, Don,

PAN AMERICAN World AIRWAYS

And remember! Now through merger with American Overseas

Aldina, Pan American fliss you tó twenty-four European difes including-double-decked "Strato" Cilppar flights to

-

Shannon, Aislerdom, Frankfurt,

die doertran #veld diewage Pros, Zomerpergrad in die deutung Dhar Tork, Wilhel

ERGO BY CLIPPER

BLY WITH THE LEADER-GO BY CLIPPER LI

duction and Homestake Mining.

Dow Jones Averages;

20 Industriels

15 Rails

10 Utiililes

240.58

42.21

Associated Press.

Production Up In U.S.

Washington, Jan. 30.

United States mills and fac- torics have turned out more Roods this month than at any

June, time since

1945, L'ederal Reserve Board reported on Tuesday.

American

Plans For Synthetic

Washington, Jan. 30. Senator Lyndon Johnson, Texas Domocrat, reported plans for production of enough special synthetic rubber to keep mill- tary and civilian automobile tyres on the road.

Mr Johnson, as Chairman of the Senate Preparedness Sub- the Committee,, said in a statement that Government agencies had informed him of plans to in- crease the annual output of this by about rubber tread wear 120,000 tons year.

The Senator said that seven or eight synthetic rubber plants would be converted in the near future to

up production step of a new type of synthetic rubber known as Gold GR-S. It

was developed in 1949.

The booming civilian demands plus the steady step-up in mill- tary orders were expected to send the Board's industrial pro duction index for January to

cent рет of the 1935-39 average. That would equal the rate of June 1945. The all-time high

of 247 was set in 1943. The December Industrial pro duction index was 216.

220

RARE BUYERS SELLERS SALES

DANKS

HC Dank.. 1243 East Asia ... 99XD INSURANCES

125

Union ... HX Te... 130 DOCICS, ETC.

.. 123

K. Wharf Provident Wheelock LAND, ETC.

ZUK Hotel..

this.

year,

The field of durable consumer goods, for which the limitation are being considered, Includes nutomobiles, refrigerators, wash- ing the like.

machines, stoves, furnaceo and

An official of the National

Production Authority

which issues material

ordem,

(NPA)

control

told reporters several different ways of limiting steel and other metals to durable consumer Kooda are being studiod-Associated Presa,

THE RUBBER

MARKETS

Singapore, Jan. 30.

Prices of rubber futures here

closed today as follows:-- No. 1 rubber, per Ib.

January

February

March..

Number 2 rubber, January 204-205 Number 3 rubber, January. 198-109 Number 4 rubber, Janitary..

I.

ROYAL INTEROCEAN LINES

• SINGAPORE JAVA

PORTS and MACASSAR

"TASMAN" ► "VAN HEUTSZ"

TJITJALENGKA”

"TJIWANGI"

*TJIBADANE"

ARRIVALS

SAILINGS 3rd Feb.

3rd Feb, 8th Feb,

Xith Fob.

15th Feb.

27th Fob.

only to Singapore, Penang & B. Deli.

MANILA, EAST G

SOUTH AFRICA and SOUTH AMERICA “TJIFANAS" "BOISSEVAIN" "THISADANE” *• "TJIBADAK"

SAILINGS

..In

ARRIVALS

Port

16th Feb.f 24th Mar.

20th Mar,

8th Feb.

via Japan.

*

not calling Manila, & 8. America,

O JAPAN

ARRIVALS

SAILINGS

'BOISSEVAIN”

23rd Mar.

*TITBADAK”

£2th Feb.

***TJIPANAS”

"TJISADANE"

18th Mar,

-16th Fob.

1st Mar,

Agents: HOLLAND EAST ASIA LINE

EUROPE via MANILA

and MALAYA

“MELISKERK”

sued

ARRIVALS

7th Feb,

Brd Fob.

to

Mediterranean and Northern

"AAGTEKEIK”

211-212 203-704

“TJIWANGI"

100-150

Through B/L

914

100-100

614 500

000

1000

0.00

Spot rubber, unbaled ................ Black crepe

European Forta.

217-218

100-130

1000

0,00

No. 1 pola crepe

221-230

JAPAN

HK Land

..3414

-United Press.

Shed Land

1.15

"MELISKERK” +

UTILITIES

"AAGTEKERK”

TIER_................. 1135

200 @ 1131

39

030 1000

6.10

25 200 @ 24 01 200 9.10

Star Ferry

C. Light (0)

Light (N)

C. Light

(Bonus) Electric ..... Telephone INDUSTRIALS

Coment STORES, ETC.

Datry

Wation COTTONS

Ewa

3.20

11% 13%

1145 1212

235

300 @ 20

LONDON TIN MARKET

London, Jan. 30. Prices of in opened easier this morning. Turnover was only 20 tons, incluling & tons for cash,

Prices closed today at the end of the official morning session as follows:--- Spot Un, buyers Spot tin, sellers Business done at Three-months tin, +

buyers

Three-months tin,

Business done at Settlement

1,403

1,310

1.313 1,310-1,318

1353 -United Press,

An alde of Mr Johnson said London Exchange

the estimate of enough rubber to keep both defence and civi- linn tyres operating was based new synthetic both for new tyres and re- addition to military purchases. treads or "recapa" used during

The Board said a sharp ex- pansion la demand for most consumer goods helped to boost January production figures in on use of the

Decline

London, Jan. 30.

Fear of what the British de-

A rapid expansion was noted in the last war.Associated Press. Í fence programme may mean in steel output,

Passenger car production is staying close to the average rate

in 1958 when the output was 30 New York Sugar

cent greater

than ever per before.

Automobile manufac- turers have estimated, however, that production will be cut 30 per cent or more this year when material curls are in full effect, The production of most other manufactured consumer goods ond building materials was close

Futures

New York, Jan. 30.

futures closed World sugar today 3 to 7 higher, with sales totalling 134 contracts.

Contract No. 6 closed today 5

the way of new tower Anmpronari enthusiasm in the London Stock Exchange today. British Gov- ernment bonds slumped as much as 5/10 of a point under pressure of a steady stream of small sales. Blue chip Industrials generally held their own.

The Financial Times daily in-

ARRIVALS

0th Feb.

SAILINGS 10th Feb.

4th Mar.

SAILINGS

3th Mar.

12th Feb.

LONDON MARKET

London, Jun. 30.

Prices in the rubber futures

market here closed today as

follows:-

No. 1 rubber, in cents,

March

Apri/June

October/December

-United Pres

+ via Manitia.

TEKINOS MINDING TELERITONUSE 28015 JORSCHE

per it.

July/September

03-04

62-02-14

00-50-

85-03-12

49 nominal

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 nd takes the tension off where diplomata seem to fail For, when all is said and done, people want the opportunity to work for a living. Trade and industry, free and untrammelled, not only con- tributes to that opportunity, but. is a way of life. Vessels of our Line are plainly marked and can be recognized easily when they sail in and out of the principal ports of the world, and we like to feel that they are practical

symbols of this philosophy:- Isbrandtsen

INDEPENDENT

DEPENDABLE

Rogular Sailings from Hongkong to New York, Baltimoro and Philadelphia vía San Francisco or Los Angeles

dex of London stocks today wa❘ S.S. "FLYING CLOUD" 1203 Associated Press

to the record levels in January, to 6 higher with sales totalling Exchange Rates

-United Press.

New York Metals

205 contracts.

Prices closed today 14 follows:-

Contract No. 4 (world)

January

March

May

July

New York, Jan. 30. Prices in the metal market Spot here closed today unchanged January with the following exceptions:- March

May Tin, grade A (90.80 per cent

July or higher) New York, per lb. Spot 103.-United Press.

Business was done in the local exchange market this unosics) morning at the following rates:- Sterling note (per e)

4.97 nominai

4,37 traded

15.30

1

4.00 traded 4.90 4.90

V.S, doftare (për 11). magu

6.11

Indonesia gufitars (per 100)

4.00

28.00

Contract No.

Singapore (Siraita)

10.00

8.40 hid 2.41 bid

0.47 bid

0.82 bid 5.40 United Press,

Confusing Situation In Raw Silk Market

New York, Jan. 30.

Leading New York silk dealers and SCAP officials expressed confidence today that the Econo-

Stam lice (per 100)

FIC patres (per 100)

Copra Nominal

12.70

New York, Jan. 30. Dealers continued to quote copra for nearby shipment on a nominal basis at $257.80 to $200 per ton, C.LF. the Pacific Coast. In coconnut oll, all positions were quoted at 194 cents per pound nominal, F.O.B. mills-United Press.

NOTICE TO CONSIGNEES

Consignets per

1.5. #DENCRUACTIAN”

mic Stabilisation Administration would clarify me honoby notified that their cargo soon what effect the Government's price freeze has upon raw silk imports from Japan.

on

is being discharged into the Hong- kong & Kowloon Whart de Godown Co's godowns, where it will be at Consigneer risk and subject to the Wharf's terms and condition of storage and where delivery may be obtained.

Everyone in the trade here grade raw silk. That price

the altuation agreed that

is was the nominal Agure still

Damweed packages are to be left confusing. extremely

Mean- quoted

Monday. Today, however, tho quotation jumped in the Godowns for examination by while, trade is at a standstill.

Complence and the Company's Likewise, there was general to $5.60 but no dealings were veyors. Menus. Carmichael and understanding here that so for recorded.

Clarke, at 70 sun, on Bin Pobruary,

"Nothing of the okyo.

mented one

Inquiries quarters

leading dealer.

ESA ot

Head

in Washington elicited to dispel the

with the General Borded

Regulation Warehou Consignees must have a Revenue Offer in attendance when damaged Gutlable goods are examined.

little on there said | if'wo are to keep the wheels of undallveréd „efter

the Government order has not Paulino Gerli, one of New 11.

To comply silk at $5.50, a York's lending silk importers frozen Japancao

and

U.S. Prezident of the pound, as reported in

com-Branch of the International

SILK

Congres, expresatd., optl-

that ESA mism

would soo

No dlakus will be admitted after clarify the freeze order.

the good lihvo, left, fhe steamer's Clarification must come doon HoOWAS and all goods remaining BiobraFY, the

declared 1931, will be subject to rent. had no information commerce

PARTE HO Dredicled

that All chaling to steamier on slik Mr Gerli nt present prices for the Dec. 10-Jan. 23 within 60 days, Congressmen must be presented to the Under- period. The Government order with textile mills in their home sicted on or before 19 mbrary sets.

forth that peak prices dur-districts would be bombarded 1931, or they will art be recognises 140 Tirs Japurence will the lootest, If die onder. Is ing that period on

with cum on commodities,

W. R. LÖILIT A. (CHINA), RADS

fog. A

office

available

including those. Imported,;. shall (not zno\D***

determine the ceiling prices

Commodity market. Ogures ban

show #p.de

down wo around was tho cannot have the whole matter highest price paid hero during cleared up declared the im- Hongkong, Biak Fumuny

Associated - Prok. that period for Japanese "Aponter

DUE FROM:

New York via Manila

Feb. 8th

SAILS FOR:

Kobe, Nagoya, Yokohama, San, Francisco, Los Angeles, Now York, Baltimore, Philadelphia, Boston via Panama Canal Feb. 9th

(Transhipment cargo accepted for Jamaica, Havana and other

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 Central 4th Floor.

Tel: 25846

CHINESE AGENTS:

OVERSEA CHINESE · STEAMSHIP CO., LTD.

48 Bonham Strand West, 1st Floor.

Tels: 26127 & 81119.

Pacific Far East Live, Inc.

Fast Regular Trans-Pacific Servico

OVERLAND

NEW YORK-CHICAGO DETROIT-TORONTO. MONTREAL AND ALL AMERICAN & CANADIAN CITIKA

DIRECT

BAN FRANCISCO, LOS ANGELES

From

Arrives

Balle

San Francisco

·Feb. 10

Strails

Feb. 11

Feb. 11 Feb. 'n

"F. §. LUCHENBACH” "ČALIFORNIA DRAR,

Bon Franciaco

{15 radia

Mar. 14

Mr.

~J. L› LUCKENBAÚD“

"INDIAN - BRAUN

RULE

For

Mac. 10.

Mar. 15

Djakarta, flingspora, Dombeʊ,

Karachi & Beorni,

Bari Franclape via Kobo'

Ben Tranciede zwin Kobe is

Yokoharha

San Francisco wih Zobo ·

Kokošeme

Dan Trancison via Kaba ä

Tolübegin

Fer.full particularu onli, General Agents, United Staton Line Co., Queen's Building

Mor