1951-02-20 — Page 7

Page

THE CHINA MAIL, TUESDAY, FEBRUARY 20, 1951.

MESSAGERIES MARITIMES MALAYA TIN PRODUCERS Cotton Textile

M

"DEAUVAIS".

ARRIVALS from Japan SAILINGS

M

PASSENGER/FREIGHT SERVICE

"FELIX ROUSSEL" "LA MARSEILLAĮSE“ "LA MARSEILLAISE"

"BEAUVAIS" "MEINAM"

“GBANVILLE"

to Marseille vis Manua to Japan

EXPECT CONSUMPTION

20th Feb.

TO SHOW

1st Apr.

8th May to Marselles via Maulla 19th May

FREIGHT SERVICE

N. Africa & Europe 27th Feb. ..N. Africa & Europe 18th Mar.- ..N. Africa & Europe 27th Mar.

for

TORT SAID, TUNIS, MAbseilles, Algiers, oran, TANGIER, CasablancA, HAVRE, DUNKIRK,

ANTWERP & ROTTERDAM.

CIE DES MESSAGERIES MARITIMES

Queen's Building

Tel. 26651 (Three Lines)

WATERMAN

STEAMSHIP FAL CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

FROM U.S. ATLANTIC COAST VIA JAPAN

*. *. "ANDREW JACKSON" ...Due about

. "KYSKA”

AN INCREASE

Singapore, Feb. 19.

Malayan tin producers are of the opinion that 1951 will be a more profitable year than 1950, and that present prices are likely to be main- tained.

·

They are confident that no "burdensome surplus" is likely to materialise for some time.

HONGKONG SHARE MARKET

It is felt that, with extremely high industrial activity in Great Britain, the United States and elsewhere, the

I

Market

New York, Feb. 19. Quida conaltions 001- inued, "to prevail in the chitózi" _texilid" maźket to- “Milawalled action

by Price Stabilkation Arenor on whether THW cotton is to be under price control,

-The wool-goodie-market- was stalcmsted by pricing uncertainties -and the strike ** of woollen and wifled mill workerE,

Rayon goods were dull. -Associated Press.

present rate of consumption is likely to be maintatued if Trade Union

not exceeded, and that world production will not be suf-

ficent to keep pace with combined stockpiling and ime Conference

diate consumption.

Despite additional dredges] backwardation of London which should be working this prices and the fact thất the year, production in Malaya is Singapore "market "pells easily. unlikely to excod. last year's every ton offered daily, Walle total of about 60,000 tons by stocks bro un Dilber mo than 5,000 bon.

satoltars are

more

The volume of busness transacted on the Stock Ex- change this morning was operation, while throe new valued at $359,870.00.

The units

are nearing the produc-

withi

In Warsaw

over

the

At present 78 dredges are in emergency in Bunce and Italy, begin takes

down for major repai

half day's buzlness and closing tion stage, but seven are due to price were as follow:;—

close

SHARER BUYERS SELLERS SALES which

BANKS

LUK: Danic

Ext Asia ** 100 INSURANCES

Clapton

1320

manthe

36 12:5

20 €. 1224

Will

take soveral

small gravel-

London, Feb. 19. the Trade union officials from all world, including

'production · only] thTM Warsaw today at a meeting If the improves of the World Federation of

1961-Goes Trade

Radla

is should hot b

crociad ́ ́bronhiction

opencast mines in opera- than 15 valklinet"!

There are 638 pump

80,000 tons.

Baillant. Secretary General of

Executive, sanid “hi

the

tha

vibe kugundo FLY Indo- & Foderit that the work

union were assuming “loercar- the importance in view of the Anglo American war prepath. tions

first

•

10 1 tion, but the lack of electric nesla may" "Voltasdy, audet a

power restricts their operation production, ini. Banda and the cecutive and amilated for several hours daily and the Billten. Production. In Sum samo power situation seems unlikely may, however, know an in

to improve sufficiently to per-crease ba the 1950 figure, me mit full-time operation during several dredging units are, ro 1951. Malayan production partes in Be, neeing the The Ar duty of trade this your therefore is likely to production stage after reb

after rehabill- unionists, ho added, "was" „40 be little more than last year's tationXPORT DUTIES

fight for peace by all the means at their disposal. In September last

year, the Ometal leaders of East Euro- WORLD OUTTUT

Federation of Financial Officers pean squntries, including M. World production in 1951 is estimated

revenue from Vassili Kuanetrov, of the Soviet estimated to be about 100,000 un export duties in 1951 would Union, were present at the meet- tons and consumption about produce $53mm, but the esti-ing. 145,000 tons, somewhat lower male could" nol

Into A communique later broadcast than in 1940

rationing consideration the higher prices by Warsaw. Radlo said that the was in force. Stockpile puc- which have ruled since then,meeting was "to co-ordinate the chapes caslly absorb the differ- and it was based on a much international action of C. Light (N) 3.70 3.00 300 4 330| once. between production and smaller in price at ad valorem unionists all over the world for

HK Hole.. Gao

Unkn

630 870

Undna writers 5.10 HK Fire

140

DOCKS, ETC.

K Wharf ..

*P

100 @ 01 200 @ 10.

N. PL. Wharf

6 5.20

Dock

14

S'hal Dock

3.10

..... 27th Feb. 1951

Wheelock..

20

200 @ 21.

LAND, ETCC.

22nd Mar. 1931

7. 600 7

500 @ 6,90

2015 Land

30

39

S'hai Land.. 1.35

UTILITIES

Star Ferry

Tram...... 1250 曲

200 @ 12%

C. Light 10)

4.

■ ■. "ANDREW JACKSON"...Sails about ....

"KYSKA"

500 @ 0.10 271 @ 8.

28th Feb. 1951

"

23rd Mar, 1951

DIRECT FOR

NEW YORK, BALTIMORE & PHILADELPHIA VIA JAPAN & HONOLULU.

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

• GULF PORTS.

WALLEM & CO., LTD.

Agents

Hongkong & Shanghai Bank Building Telephones:-38041-5

MAERSK LINE

FAST FORTNIGH TLY SERVICE TO:

NEW YORK, BOSTON, BALTIMORE & PHILADELPHIA, vis SAN FRANCISCO, LOS ANGELES AND PANAMA

NEXT SAILINGS

M.S. "OLGA MAERSK”

M.S. "LAURA MAERSK"

M.S.

"HULDA MAERSK"

Feb. 27

Mar. 15 Mar 80

1000

2000

Bonus Shares J.BO

Electric ....

1 300

Telephone Tel (New) INDUSTRIALS

Cement STORES, ETC.

Dairy

3,75

3.70 3.30

fin

when

that

trade

defence of peace." It was decided to transfer the Federation's headquarters imme-

the

rates.

The same officers fully consider that the

today Federation's

because of the French Govern- ment's ban on its activities

30

that smooth working could start on Feb. 26, the communique added. Reuter.

consumption.

Il pointed out that several 500 @ 8.30 countries are still not 2020 1000 203 rehabilitated, and when this is revenue from this duty is not diately from Paris to Warsaw

400 2014 accomplished

consumption of endangered, and that a consi- 100 2014 500 20% will increase, while there derably increased amount will 200 201 Is a yit no evidence of any accrue even if the rate of duty 1000 ir 10. switch from in to substitutes is not increased.

such as aluminium.

Despite a substantially greal- Political conditions are bound or existing and potential 'to exert some influence on carning capacity, the shares of consumption, but it is Malayan tin-producing compan- unlikely that these influences les remain

aln depressingly low, will result in decreased con- indicating a lack of confidence sumption in 1951, as the whole in productive ability, or fears tendency at present is to of an cutbreak of war and the acquire maximum stockte of consequent euiting metal, witnessed by the Malayan output.

82.

12% 13% 500 4 13

1234

Dairy (N) Watcom ... 2235

L. Crawford 2141⁄2 Sinceres

.... 2.90 COTTONS

Exo

2.20

90 64 21 300 @ 2115

LONDON TIN

MARKET

London, Feb. 19.

The Un market opened today strong, willing to recover the ground lost an Inst week. Tiap-

Over a 105 tons, including 35

future

as

Global Economic

off

of

Position Surveyed

topics pd today at the end By United Nations

for spot.

Prices

of the officias morning session pa follows:-

Spot tin, bayan a 1.490 Spot tin, sellers

1405

Business, done at szer $43 Three-months in, buyers 1,43 Three-months tin, sellers 2,440 Gualne done at Settlement

19-1,400-

United Pres

TANKS OF ALL SIZES AVAILABLE FOR BULK OLL New York Rubber

ARRIVALS FROM U.S.A.

M.S. "TREIN MAERSK”

M.S. "PETER MAERSK"

M.S. "LEXA MAERSK

Mar. 11 Apr. 1 Apr. 18

The

Futures

For Freights and Further Particulars please apply to:-Exchange Incorporated

AGENTS:

:

JERSEN & CO.

Pedder Building

PENINSULAR

Tel. Nos. 26661-3.

in

Lake Success, Feb. 19.

Dr Trygve Lie, Secretary-General of the United Nations, tonight issued a UN survey of the global economic situation för 1949-50.

It noted economic progress in occupied Japan and Western Germany as well as most of Europe,

British Govt.

Bonds

*

London, Feb. 19. President velling knocked up

to of point off the price of Edilish government bonds on the London Exchange today,

Oils lost ground and foreign bonds were dull.

Industrial blue chip Issues were, mainly firmer. Textile isintes were in

and engineer

| especial

Japanese bonds of the 1907 serien shod 1⁄4 of a point to cloes nt 55 and the 1930s were, off a full point at 75. The 1910s gained: half, a point at 42,

The Financial Times Index: 123.1.--Associated Press..

Newspaper Strike In Buenos Aires

Buenos Aires, Feb. 19.

of the Inde

but warned that the world's "under-developed" pendent newspaper La prede countries have been making little or no progress.

The survey, predicted cut- New York, Feb, 19. backs in civilian consumption In dullness continued

the United States in other both spot and futures market nations.. "participating in the for rubber, No transactions rearmament upsurge." It said the took place on the Commodity

under-developed countries in] where Latin-America and the Far East the final prices nominally were showed "relatively little ecano- unchanged to up 200 points. mic progress during this period The outstanding interest in while some of them even retro- rubber futures up the

to

While the close gressed

productive equip of trading on Friday totalleg 189 basle lock contracts, including 79 contracts mont is the underlying cause of in March

Biay: 10 delivery.

nd under-employment in July 20 contracts of tea tine developed countries, these each Under the Government tries

are shown to be subieni regulations, this position must also to problems of industrial be liquidated by March 31. unemployment, especially where

fol- effective demand falls or Prices dosed today at lows:---

July

.

Sch

& ORIENTAL May

PARABIT

STEAM NAVIGATION COMPANY.

R.M.S. “CHUSAN”

SAILS:

NOTICE TO_PASSENGERS

BAGGAGE:

7500 PV 76.00 aaked

19154 bid 13.00 bid --United Press.

under

supply

of raw materials is inadequate,

The report recorded improve-, ments in industrial production

ין

Sending Coals To Newcastle

London, Wb. 19. Britain has bought 10,- 000 tons of così froiti India,

Mr Pidify Woel-Baker, told the Hodes of Com.

Mare will be Bought I? It does not prejudice · la • dia's exports to... mommu markets, ho sắ ter.

and of the News Vendora' Union' held a two-bop meeting on Monday and scheduled another for Tuesday in an effort to settle the dispute, that, as

halled publication of the paper.

Monday's meating, the second 'Friday, ended at 8 p.m. No since

est was made by either

strike started 25 days ago when the union demanded the prelfisive right to distribute the paper in Buenos Aires, plus 20 percent of La Prensa's "Want" ad income-United Press.

Strike

On Bourse

-¿Paris, Feb. 19. -Brokers employees staged a surprise one-day warning strike at the Park Bourry

today stepping most stock trading and closing down the gold market. The strikers demand a 15 per * Increase.—United DIY

and supply of food and other CHICAGO CRAIN P consumption goods In both

and Western Ger

New York Sugar Eastern

Futures

New York, Feb. 19. World Fugar futures closed here. *today' 3 to 11 points higher, with nales totalling 445 contracts.

L

today

Beptember

Contract No, # MAY July September

4,06 bid 4.88 bid 491 traded 440 -4.91 traded 4.85

B.es bid

Spot

3.83 hit BAO

-United Pres

SATURDAY the 24TH FEBRUARY at NOON for the UNITED KINGDOM via Btraita, Colombo, Bombby, Aden Ep and Port Said.

ALL passongére baggage must be sent to the Hongkong & Kowloon Wharf Co's Godown at NO. 2. GATE,

many.

of

Was

•

FUTURES

Chicago, Tab...19. Prices of grain futures, closed here-today as foBowy

Wheat-ocke per babel,

h

December

1.0033

On Japan the report noted: "After adoption of an economic programme in stabilisation December, 1948, there was some increase in the physical volume March

production in 1949 followed May Contract No. 6 closed here today: 1 lower to 1 higher, with by a further increase in the first July

half of 1950. Inenensed

producSeptember males totalling S1 contracts.

tion

probably due Cora Prices

closed

amain to higher productivity. Epqt follows:

Arch Contract No. ⇓ (world)

The level of unemployment Mar March

remained

about the

September throughout the entire perlodcember and the volume of visiblo un- employment' remained low relation to the babour force.

and 1950 the Mw York Tour-per 200 ib. mek. "Between 1948 margin betwoun the official

$13.73-United Pries. prices and the free and black market prices narrowed... ̈‚ap=" meat

in supplies and ros? Dusiness was done in the local wagon Incrossed substantially.” imofficial exchange" markat this | United Proms morning at the following rates>> Sterling holo (par (8) camera 13,00 0.005 Indonesia gulldor (per 100).. 3.00 30.00 1.745

In

July

March

CANTON ROAD ENTRANCE Exchange Rates procinbly owing to the improve-Si

NOON οτι FRIDAY the 23RD pul FEBRUARY.

SPECIAL NOTE: With the exception of hand packages carried by passengers themselves, ALL BAGGAGE must pass through the Wharf Co.'s Godown for loading on board by ship's slings only.

TEMBARKATION: Will take place on SATURDA

24TH, FEBRUARY between and 11/him.

un. dollars (por: #11 swticala (per 100)

Singapore

[103]

Rubber

Futures

Singapore, Feb. 19.

Price of rubber futines bere closed today: as' follow--- ? Number 1 rúbbur,, per 10.

February

-March

Sewing Machines

pore" (Dielts)

Cpl (per 100)

109.30

Crudo Rubber

Nurembur, Feb. 20... Geziňany has 4 become the world's bladest exporter of BTW-

Number

the

New York, Fetx-19ing machines, it was announced Number Crude rubber #No. 1 "Austurse at the meeting of manutaotzirers. klimt closed quilt with moʻsal?».

February

Telga Spot-No,'izio ribbedņusmoked

BwUzerland The

UTLO

R.I.L.

ROYAL

INTEROCEAN

• SINGAPORE JAVA PORTS and MACASSAR. "TJIWANGI” "TJISADANE" "TÁRMAN" • "TKTJALENGKA” "VAN HEUT8Z" •

only to Singapore,

• MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA **TJIPANAS”

"STRAAT SOENDA”

ARRIVALS

In Port 24th Feb.

25th Feb.

12th Mar

In Port Petang & B. Dell.

ARRIVALS

LINES

SAILINGS 28th Feb.

7th Mar 16th Mar. 23rd Mar

SAILINGS

13th Mar.

.26th Feb.

7th Mar.

13th Mar.

pot proceeding to 8. America.

ARRIVALS

"TJISADANE”

"TJIBESAR.

"BOISSEVAIN”

**

• JAPAN "EITPANAS”~

JAR"

OENDA”

8th Br

12th Mar.

2trd Diar.

18th Máź.

8th Apr,

24th Mar.

SAILINGS

#nd Mar.

29th Mar.

ents: HOLLAND EAST ASIA LINE

EUROPE via MANILA and MALAYA

“LANGLER

Tired La Bs/L” Iztued to Modilarṛanden und Northern

ARRIVALS

Bih.Mar.

mla. Apr.

SAILING'S

8th Mar Early. Apr. MAY

ין י. - -

SAILINGS

6th Mar.

"AAGTERERE” + "ALMIERE" + "LANGLEESCOT”

ARRIVALS 5th Mar. Early Apr. May

M16, Apr.

+

via Manila,

ERING'S MOLDINGESPUITENDNESE: 0905T0RBMU1t SEURAIS JAUNYS-BL-CHÄMARGÄT RUOAN BEERS/3096 BER

SAS

C.

SERVICE

SVÉRY FRIDAY to Earáchl; Lydds; Rome,†Zurich, Frankfurt, Copenhagen, Oslo, Blockhólm and New York, BAB SERVES 18 European Countries and N. & 8. America. Agents: THORESEN & CO, LTD. Tel; $1241/2/3,

SCANDINAVIAN AIRLINES SYSTEM

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1

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