1951-02-23 — Page 7

MESSAGERIES

MARITIMES

MOM

-BEAUVAIS”

“ARRIVALS

from Japan

SAILINGS

PASSENGER/FREIGHT SERVICE

"FELIX ROUSSEL" "LA MARSEILLAISE” "LA MARSEILLAISE"

"BEAUVAIS” "MEINAM"

“GRANVILLE”

to Marsalles via Manila to Japan

2nd Mar.

Zut Apr. 8th May

to Marsellies via Manila 30th May

FREIGHT SERVICE

....N. Africa & Europe 3rd Mar. .N. Africa & Europe 250 Mar. ....N. Africa & Europe 27th Mar,

for

PORT SAID, TUNIS, MARSEILLES, ALGIers, oran, TANGIER, CASABLANCA, HAVRE, DUNKIRK,

ANTWERP & ROTTERDAM.

CIE DES MESSAGERIES MARITIMES

Queen's Building

Tel. 26651 (Three Lines)

WATORMAN

STEAMSHIP TRX CORPORATION

MOBILE ALA. UŞA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

'FROM U.S. ATLANTIC COAST VIA JAPAN

**. •. “KYSKA"

|

THE CHINA MAIL, FRIDAY, FEBRUARY 23, 1951.

Freight Rates RECIPROCAL TRADE ACT

Increased

Hydney, Feb. 24. Shipping frolicht entge from Australla""25 Cile, Japan and other Esstern _ports_are_to_be_increased from April 1 by či (Ana.... tralian) per ton for eneral cargo and occala

farthing (Australian) per pound for wool

and one halfpenny (Aur. traliani) per pound for re- frigerated cargo.

ond

Announcing this today," the Goalsai sự cho nam

tralian Esatera" Shipping Conference, Mr J. O.. Flim, said that prolonged delays in loading and dis- charging In Australian

ports were the reason for the increase-Reuter.

The Rubber

Markets

EXTENSION ADVOCATED R.. L

BY ACHESON

Washington, Feb. 22.

The U.S. Secretary of State, Mr Dean Ache- son, told Congress today that friendly countries would be forced to increase their trade with the Soviet bloc if they were needlessly denied access to American markets.

HONGKONG SHARE MARKET

Tho volume af business

Mr Acheson was urging the Senate Finance transacted on the Stock Ex- Committee to approve a three-year extension of the change this morning was valued Administration's Reciprocal Trade programme at $205,200. The half day's. without some of the strings tied to it by the House Business of Representatives.

the Tariff

and noon closing prices were as follow:-

FHARES BUYERS BELLERS BALES KANKS

HK Bank El..

1200XD 6 @ 1285

100

Ha declared that the House | this could be modified to make by lolling restrictions would make the more workable

Commission par- programme unworkable.

"We are determined that, by Ucipato directly in the pogotin-

tion of trade agreements INSURANCES no act or deed, shall we contri-

Router. bute to building up the ***** potential of the Soviet Union or its satellites," he said.

"If we deny our market ún- friendly to these necessarily countries, or if we net in such a way as to make them belleve 218-217

that such is our intention, they 218-216 must turn elsewhere to dispose of their products in order to get the things they need."

Singapore, Fob. 22, Prices of rubber futures closed here today as follows: Number 1 rubber,

per lb. Feruary March

Number 3 rubber,

February

Number 5 rubber,

February

Number rubber.

February

Spot rubber, unbaled'

Black crepe

No. 1 pale crepa

203-204

193-193

The reciprocal trade pru-

220-227 gramme was both the instru 104-166 220-230 ment and the symbol of Ameri- -United Press.

Leadership in the LONDON MARKET

world, he said. London, Feb. 22.

can

Shanghai Business

Expansion

San Francisco, Feb. 22. Shanghal is prospering, Peking free Radio claimed tonight. Pointing to this is? the fact that mara The Senate Finance Commit. | than 1,500 applications for start- Prices of rubber

tee will study the programme, ing now businesses were lodged closed here today as follows:-- | which Is destined 10 lower with the Shanghai. Industrial tariffs, before reporting to the Senate,

futures

Number 1 rubber, in

cents per ib. Appli

2016

24

..... 22nd Mar. 1981

April/June

6015-07 040436

DIRECT FOR

NEW YORK, BALTIMORE & PHILADELPHIA VIA JAPAN & HONOLULU.

1,1 "KYSKA”

23rd Mar, 1951

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

GULF PORTS.

WALLEM & CO., LTD.

Agents

Hongkong & Shanghai Bank Building

Telephones:--38041-5

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

-NEW-YORK,-BOSTON, BALTI MORE & PHILADELPHIA, via

SAN-FRANCISCO,-LOS-A NGELES-AND-PANAMA

NEXT SAILINGS

Feb. 27

M.S.

"OLGA MAERSK❞

M.S. "LAURA MAERSK”

Mar. 15

M.S. "HULDA MAERSK"

Mar 80

TANKS' OF ALL SIZES AVAILABLE FOR BULK OIL ARRIVALS FROM U.S.A.

M.S. ""TREIN MAERSK” ·

Mar. 14

M.S. "PETER MAERSK"

Mar. 23

M.S. "LEXA MÅERSK”

Apr. 21

For Freights and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

PENINSULAR

Tel. Nos. 26661-3.

& ORIENTAL

QUIS NOS SEPARABIT

STEAM NAVIGATION COMPANY

R.M.S. "CHUSAN"

SAILS:

NOTICE TO PASSENGERS

BAGGAGE:

SATURDAY the 24TH FEBRUARY at NOON for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port Said.

ALL passengers baggage must be sent to the Hongkong & Kowloon Wharf Co's Godown at NO. 2 GATE, CANTON ROAD ENTRANCE by NOON on FRIDAY the 23RD FEBRUARY.

مجھے

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

BARKATION: Will take place on SATURDAY the PATH FEBRUARY between 9:80–am: jand. 11 min. !!!

July/September October/December

50 - 5014 5434 noonthal -United Press.

**PERIL POINT”

The House of Representatives recently approved a three-year extension of the programme but wrote in amendments which Mr Acheson sald would cripple it LAMMERT BROS. and make it unworkable.

"The action of the House of Representatives," Mr Acheson sald "would prevent us from effective tarift Dargaining in the future."

Auctioneers, Surveyors

& Appraisers,

Pedder Ballijing.

Telephons No. 20224.

RODO HOUSE

and Commercial Bureau during January, the Radio added.

The Broadcast said that the number of industrial and com-

a boom

ROYAL INTEROCEAN

• SINGAPORE JAVA PORTS and MACASSAR #TJIWANGI” "PIIBADANE” "TASMAN” •

#TITJALENGKA”

"VAN HEUTEX“ •

ARRIVALS

La Port .24th Feb. *26th Feb.

.18th Mar.

In Port

*`onts to diempore, Henang & D. Dell.

MANILA, FAST & - SOUTH AFRICA and SOUTH AMERICA "TJISADANE” + "PJIPANAS”

*TJIESAN" ** ↑

*BOISSEVAIN"

"STRAAT BOENDA”

ARRIVALS

.....25th Feb,

** not proceeding to B. America.

"TJIPANAS”

† not calling Manila.

Undon .......

Os

Underwriters

180 @ 600

2000 O

• JAPAN

ARRIVALS

.11th Mar.

.17th Mar.

24th Mar,

18th Mar.

4th Apr.

DOCKS, ETC.

K. Wharf 2. P. Whart Dook

S'hal Yangian ora

LAND, ETC.

HK Hotel Shal pod UTILITIES

Tra

Star Ferry S. Light (0) Cat (N) D. Shares Hectric

Telephope

"TJINEGAR”

58.20

"BOISSEVAIN

"VAN HEUTSE”"

3

SOOD 1

"STRAAT SOKNDA"

9,00

IN B.60

INDUSTRIALS

7 1000 @ 0.00

1214 1000 12.30

0.30 500

escto

12.30

Coment..... 126 2314 300 @ 123% 500 € 12.75 1495

Topo

Dairy

1234 1341⁄2 2700

Dairy (N) .. 1114

Waton

1.

3134 400 'Ò SIN

500 @ 2335

Crawford 2135

marcial firms in Shanghal had STORES, ETC. Brown rapidly following upon stabilisation of the market on a nation-wide basis and in rural-urban trade.

It is further claimed that the volume of trade in almost all commodities in Shanghai had corrons also increased considerably.

Last month the demand for consumption goods touched a Mr Acheson's main objection new level Compared with De- peril cember figures, sugar, cooking the so-called point"

amendment written into oil and rice sold in the market Increased by 76 per cent, 48 per the programme by the House

cent and 14 per cent, respective- of Representatives.

ly.-Reuter.

was

to

This amendment would re- quire President Truman to re- port to Congress if he lowered The tariff on an import below the level recommended by the Tariff Commission.

London

Stock

Losses

EWO

LONDON

2.70 200 ₫ 2,00

LINES

SAILINGS 28th Feb.

7th Mine. 16th Mar. 2403 Mar.

SAILINGS

7th Mar. 16th Mar. 12th Mar. 25th Mar

8th Apr.

SAILINGS

3rd Mar.

10th Mar.

Agents: HOLLAND EAST ASIA LINE

⚫ EUROPE via MANILA

and 'MALAYA

"AAGTEKERK"

"ALMKKBK"

"LANGLEEBOOT"

Through B/I taped to Mediterranean ́and Northern

European Ports.

⚫ JAPAN

"AAGTEKERK” †

"ALMKERK" +

"LANGLEESCOT"

争

via Manjia,

ARRIVALS

5th Mar.

.MIJ, APT.

ARRIVALS

7th Mar. Early Apr. May

SAILINGS

5th Már. Early. Apr.

May

SAILINGS

6th Mar. Mid, Apr.

ERINGSEBUILDINGSTUFEPINESSZIMUSIDE 2017.

DONISEMENTSARLACHINNANGU HOUSE USUAR

TIN TO NORTH AMERICA

Fly

MARKET

London, Feb. 22. The tin maridet improved a ittle at the morning tession. Turnover was 30 tons, all for three-months.

Business done at

1,480

1,400

mil

4

2,415

1.420

1,420 - 1,400 1,433

"If the United States starts In the direction restricting

Prices closed today at the of 240, Tai Po Road, Kowloon,

London, Feb. 22. trade.

end of the official morning ses- of

of protectionism, Tel. 50976

The London Stock Exchange sion as follows: (solationism, Or Cable Address "RODOHOUSE" "conomic

was depressed today by the Spot tin, buyers we lend other countries to be 1st class and comfortable lieve that is what we are going threat of a nationwide railroad Spot tin, sellers living quarters Available at to do," Mr Acheson tesiided, strike. modorata prices.

"the

trend (toward freeing Industrial shares lost fzne-Three-

months tin, buyers Moals are cheap ($8 for 3 trade) will be reversed and we tions through much of the list. moals) but they are wholesome. will move rapidly in the direc- British Government bonds had Tuee

Hotel Car provided for

irregular our tion of more restriction, more an

day and most mantha tin, wellers quent.

bilateralism and поте dis-wound up an eighth of a point Business done at

Settlement Register in the RODO HOUSE crimination in world trading or so on the down sido.

conditions."

Rubber, tin and selected oil Y, H. CHAN,

He said that was so because stocks

E

finished with. sipall United States was the incet unins Mining issues Manager. the

WIE important trading nation in mixed.

now.

POTTED PLANTS AZALEAS: PRIMROSES: FERNS: DWARF TREES: CACTI AND SUCCULENTS ETC., ETC.

From The CLOVER FLOWER SHOP

Gloucester Arcade.

LOW PRICES Calculators, Typewriters Carbons & Ribbons

The World Typewriter Co. 40, Wellington St., Tel: 20506.

Repairing Service.

ESSENTIAL SUPPLIES CERTIFICATES

Application Forms

for Essential Supplies Certifi- cates may be obtained from South China Morning Post Limited.

10 CENTS EACH.

the work and because It has Foreign Bonds were mainly the most at stake in the pre-lower. Japanese 1907s closed at servation of the private, com- 573%, off 1: 1910s at 42, off 3⁄44.

and 1930s at 78, off one. petitive enterprise system.

Financial Times' Index: 131.3. Associated Pres.

On the "peril point" amend- ment, Mr Acheson said that

America Consuming More Cotton

Washington, Feb. 22.

The Census Bureau reported today that United States cotton consumption for six months through January was 5,445,299 bales, compared with 4,333,046 bales in the same six months a year earlier.

January consumption totalledber, 1040. The exports went to 1,040,801 bales, compared the following countries with with 729,738 bales in January the Anat Agure representing five- of '1050.

months throwth Decomber, 1050 Cotton on hand in consuming and the second figure represent- establishments on Feb, 3 wasing five months through Decem 2,253,240 bales, compared with bor, 1949) The United King- 1,740,088 bales a year earlier, dom, 227,107 and 201,003; France 163,310 .and 331,375; Italy 129,- Cotton on hand in public storage and at compresses on Feb. 837 and 205,480; Germany 178,- Netherlands 979 and 805,791; was 5,636,221 bales, compared 59,305 and 104,724; Belgium and with 10,107,602 bales a year Luxemburg 38,097 and 77,059; carlier. Active cotton consum-Foland 1,123 and 19,471; Spain ing spindles on Feb, 3 were 25,415 and 19,016: Other ar 20,000,000, compared with 20-opean countries; 103,765-and 227,000 on Jan. 28, 1950,

135,269; Canada 167,305 and

United States exports of cot-101,290 China 50,827 and 820; ton in dve months through De Japan 510,523 and 167,677; India eember, 1830 totallod 1,832,824 29,073 and none; Hongkong 20,- bales, compared with 1,884,569 201 anx! 8,438 and all others 112,- in five months through Docera-1 023 and 60,010.—United Press.

2 FLIGHTS WEEKLY

COOPERATION WITH CAT, NORTH 10

TAIPEH & TOKYO MONDAYS & FRIDAYS.

SOUTH to

SINGAPORE♥i® BANGKOK

-WEDNESDAYAK. SUNDAYS

master COACH SERVICE at reduced rates! PACIFIC OVERSEAS AIRLINES STAM

-United Press.

BY

CANADIAN PACIFIC

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• Pressurized, Roomy Comfort

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• "Loungeire" Chairs

• Bilingual Stewardesses

Exchange Rates Canadian Pacific

Busines wis dose in the loca) unofficial-exchange-market-this- morning at the following rates:- Sterling note (per £) VS. dollars (per 41) Indonesia, gulders (per 100) Stan tio (per 100) Skygapore (Straits) FIC plastres (per 100)

“AIRLINES

16.89

(1.095

UNIÓN ELDG.

3.80

1.78

13.30

TEL:"22064-7-

6

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