1951-03-02 — Page 7

Page

MESSAGERIES

M

· “DRAUVAIS“

“ARRIVALS

from Japan

SAILINGS

MARITIMES

M

PASSENGER/FREIGHT SERVICE.

"FELIX ROUSNEL" "LA MARSEILLAISE" **LA MARSEILLAISE"

"BEAUVAIS"

"MEINAM"

"GRANVILLE”

4th Max.

to Marselling via Manila 1st Apr. to Japan

8th May

to Marnelles via Manila 19th May

FREIGHT SERVICE

N. Africa & Europe 5th Mar, N. Africa & Europe 25th 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 Linea)

WATERMAN

STEAMSHIP

CORPORATION

MOBILE ALA USA

WATERMAN LINE EXPRESS

FREIGHT SERVICE

FROM US. ATLANTIC COAST VIA JAPAN

4. . "KYSKA"

DIRECT FOR

22nd Mar, 1951

NEW YORK, BALTIMORE & PHILADELPHIA

VIA JAPAN & HONOLULU.

«. “KYBKA"............

وا

ALSO ACCEPTING TRANSHIPMENT CARGO FOR

GULF PORTS.

DIVIDENDS DECLARED

THE CHINA MAIL, FRIDAY, MARCH 2, 1951.

The Director of the Ilongkong and Kowloo Wharf and Godown Com-“ pany,

Ltd, announced that at the forthcoming year- "Ty"meeting of the members"

of the Company they

wifi recommend the payment of a dividend of $12 per share,

free, in respect

of the year ended Deαer= ber, 31, 1050,

At a meeting of the Directors of the Hongkong Latid Investment And Arèney La., held yester- day it was decided to re- commend a dividend for the year 1930 of $4 per share, less Tax.

TEXTILES "PIRACY"

INTERNATIONAL DEVELOPMENT FINANCING

Washington, Mar. 1.

The International Bank for: Reconstruction and Development (the World Bank) made loans aggregating more than $255,000,000 to Australia, Uruguay, Ethiopia, Mexico, Turkey, Thailand, Colombia, Brazil and South Africa during the six months ended Jan. 31.

The Bank disclosed this today in a report on its activities during that period.

The Bank has informed the Australian Government of its willingness in principle to par- ticipate in the further financing of Australian development and to send representatives to Aus- tralia in 1951.

They

would determine the extent to which the Bank could participate in financing Austrá-

AGREEMENT lla's full five-year programme,

for

Freighter For India Launched

Tokyo, Mar. 1. The first post-war cargo ship' bull? 'in' Jubanele shijyurda for

The Bank has informed the Italian Government it is pre- Manchester, Mar. 1. pared to send a mission to Italy Lancashire textle

the to discusg manufac-early In 1051 turers announced today they development programme had reached an agreement with southern Italy, and the admini- India was launched yesterd

in Koby in traditional the Japanese on methods aimed strative organisation for carry-

style

By Mr K. K. CH oding it out. at ending Japanese piracy

head of the designs.

The Bank's mission to Tur-

Mission In Japan. Omcials of

the Manchester key is preparing its final report.

Discussions

with Yugoslav Chamber of Commerce and the Federation of Calico Printers Government representatives on Yugoslavia are still said the Japanese were agreed that their patents and designs i progtoms in Washington, law needed amending to com- Discussions began in January

ply

After Mra Chóthar änd robot with unki d broken a coconut on the ship Mrs Chotta reelsed the veste 2,000 ton M. & Jag Ganga United States on a loan which amid the

cheers of about 30 competition.

of the Indian com increase members would substantially This

protests to followed General Douglas

MacArthur's the rate of development in Per-munity.

Thioce attending the cere about sta headquarters in Tokyo

mony Included Mr B. D. Bha- President of the Indian Eat. Chamber of Commerce In

with Western ideas of fair with the Persian mission in the dkto', the Water

the piracy of designs.

The

Bank's loan

director

the

Mr Jeljiro Kubo, Commla- wont to Persia last month for sioner of Patents, and Mr Sai- further discussions with shi Hara, Japanese High Persian Government, Court judge, visited Manchester recently.

д

MISSION TO MAQ Meanwhile, negotiations are way with the Per- under sian mission for a loan to re-

the the habilitate

Kor- adopted by

part of ramohair and the Bank is ex- give maximum

the owners,

the

BANK

HONGKONG

The

SHARE MARKET

volume of businesh transacted on the Stock Ex- change this morning was $79,- 8495. The half day's business and poon closing prices werd as

followe

BLANKA

HK Bab

NT

SELLERS' BALKS

MAJA, AMNA BFXD INSURANCIg

Centon Union EF SHIPPING

R.I.L

ROYAL

INTEROCEAN

~SINGAPORE JAVA

PORTS and MACASSAR

TASMAN' * **TIITJALENGKA“ "VAN HEUTEZ" • **TJIWANGI”

-

only to Singapore,

• MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA “TJISADANK" +

“TJIPANAS”

"TJIDESAR” **

2500 @ 750.

*BOISSEVAIN"

· DOCKS, ETC

"STRAAT SOENDA”

0

Badass

む

Telephone

m

de Lés: 600 @ 1855

::

MISCELLA Vibro

BV

200 a 855

LONDON TIN

MARKET

London, Már. I.

They were told of features in

was 23rd Mar, 1961 the British Designs Law which

ought to be Japanese to protection to owners of designs and provide adequate remedies against intringements-Reuter.

WALLEM & CO., LTD.

Agents

Hongkong & Shanghai Bank Building Telephones:38041-5

The Rubber

Markets

amining data provided by the mission on other projects.

The Bank agreed to send A mission to Iraq last month to

tinlities and to submit recom-

Japan; Mr A. V. Mehta, re presenting Great Eastern Shipping Com- Great pany of Bombay; R. E. Munro, little at the morning session The tin market armed up a adviser of Lloyds Register of Shipping, and leading Japanese Turnover 00 tons, 1xóm officials and members

of the cluding 10 tons for spot,

Prices closed today at the American occupation adminis-

end of the official morning tration.

session as follows

1.445 Spot in. buyers Spot n. sellers

1460

Three-months tips, buyers 1315 Three-months in, soliers Business done at

1375-1,345 Settlement

1,450 -United Press.

The M.S. Jag Gangh will of ten have a service speed

review Iraq's economic poten- and a half knots. The Central Business done at

Japan Heavy Industries Com- pany. which built the MS. mendations designed to assist Jag Gangh, is constructing the Government in formulating sister ship for the same firm. a long-term development pro-Reuter. gramme.

the

A Bank mission visited Syria

Britain's

Trade With Spain

#

Upward Swing

In London

London, Mar. 1.. British Government bonds led the London-Stock Exchange on a general upward swing today.

Rayon, rubber and oil shares were especially prominent.

A Bank mission was in Pakis- tan from October to December, 1950, to study the economy of New York, Mar, 1.. Rubber futures closed today the country and to investigate

financial technical,

and unchanged to 200 points higher, with sales of four lats in March economic aspects of a number delivery at 7 cents a pound, In of projects included in Pakis the spot market, some dealers

lers tan's development programme. reported a a noticeable increase of Government buying. Purchases in November and December to included ribs from Slam and examine Government develop- blockets from Indonesia. Rela-ment projects which the Bank

London, Mar. 1. Mr Harold Wilson, Trade Hively

been requested to help higher

offerings

finance.

Minister, said today he expected from Singapore were reported During

Japanese bonds, which soared able to the half year The open position in rubber

the that Spain would be futuros, which must be liquid bonds

Bonk made the first sales of maintain and possibly increase yesterday, reacted to proft-

taking. from Its Jonp-portfolio the supply of important raw March 31 under the

Financial Times Index: 132.6. ment order, was whittled down without its guarantee. These materials to Britain as a result

talks-Associated Press. sales included to 100 lois, including 62 for

$582,000 of of Angio-Spanish trade

concluded in London. NEW YORK, BOSTON, BALTI MORE & PHILADELPHIA, vis ten tons each for July delivery. worth of funds Herstelbank, to were also reviewed.

March, 29 for May and 10 of Luxemburg

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

BAN FRANCISCO, LOS ANGELES AND PANAMA

NEXT SAILINGS

M.S. "LAURA MAERSK"

M.S. "HULDA MAERSK”

M.S. "TREIN MAERSK"

by

Mar. 15

Mar 80

May July

Apr. 14

TANKS OF ALL SIZES AVAILABLE FOR BULK OIL

ARRIVALS FROM· U.S.A.

И.S. "TREIN MAERSK"

M.S.

"PETER MAERSK"

M.S. "LEXA MAERSK"

Mar. 14

Mar. 23

Apr. 21

For Freights and Further Particulars please apply to:-

AGENTS:

JEBSEN & CO.

Pedder Building

ESSENTIAL

SUPPLIES

CERTIFICATES

Application Forms

for

Tel. Nos, 26661-3.

RODO HOUSE

240, Tat Po Road, Kowloon, Tel. 60076

Cable Address “RODOHOUSE”.

Tel cas and comfortabls living quarters avaliable moderate prices.

05.00 bid United Press,

has

Gains of the Government bond list ranged up to 3/16 of a point.

bonds and $517,000 Just com Swiss franc bonds of Prospects for Brilish exports Exchange Rates

morning at the following rates staring note. (por.).... U.S. dolines (per, $4) Iridotonta rudders (per 100)' Stemiticas. ((per (100)

Business was done in the local unofficial exchange market thi

1850 d.056

28,50

1.70

13.55

ARRIVALS

.10th Mar. In Fort .87th Mar. Petang si B. Dell

ARRIVALS

In

"LINES

SAILINGS

7th Mar 18th Mar,"

24th Mr.

1st Apr.

SAILINGS!

Port

7th Mar 18th Mar.

** not proceeding to 5.

↑ not calling Manila.

• JAPAN

In Port America,

ARRIVALS

fist Mar R5th Mar,"

4th Apr.

SAILINGS:

**TJÍPANAS"

“TJIESAR”

"BOISSEVAIN”

“VAN HEUTST”

"STRAAT SOENDA”

14th Mar.

20th Mar,

24th Mar.

thi Apr.

Both Mar,

Agents: HOLLAND EAST ASIA LINE

• EUROPE vix-MANILA

Prices clos today as follows:

While

claims on a European buyer and $160,000 Spot

74.00

and British resources must mean a Luxemburg March

75,00 traded of French,

Netherlands bonds to an Ameri-reduction of British exports to 09.00-bid

Spain, special regard would be can buyer,

3.83 sold. paid by the Spanish authorities the Bank In addition with its guarantee, $549,000 of to Britain's traditional trade.

Mr Nigel Fisher (Conserva-Singapore (Strals) Chilean bonds to the National City Bank of New York. Reuter, tive) suggested that the best FIC plastres (per 100)

inferest of both countries would be served by Increased mercial relations despite the Government's political policy

LONDON MARKET

London, Feb. 1. Prices of rubber futures closed here today as follows:- Number 1 rubber, in cents

per th. April

April/June

July/September October/December

72 -73

08-001 61 0114 581⁄2-57- -United Press. S'PORE MARKET

Singapore, Mar. 1 Prices of rubber futures closed here today: as follows:- Number 1 rubber, per ib,

March

April

Grain Price towards Spain

In Chicago

•

Chicago, Feb. 1. Prices of grain futures closed here today as follows:- Wheat-price per bushel,

227 -227

4' rubber.

Number 2

Spot rubaker March

21815-21031 March .. Number 3 rubber.

Moy March

20536-20051 | J917, Number

September -196 December

.164

Iyo

Kay

July

Data

March

May

March

Spot rubber, unbaled

Black crepe

No. 1 pale crepa

ECA

Grants

Washington, Mar. 1. The Economic Co-operation Administration today authorised France to spend $5,600,000 to

'Essential Supplies Certifi- maRl) but they are wholesome. Saudi-Arabia, Behreln, Kuwait,

-cates may be obtained from

South China Morning Post] Limited.

10 CENTS EACH.

Moate are cheep (88 for 3 Hotel Car provided for our

Quest.

Register in the RODD HOUSE

now.

Iraq, Tran and Taruel for crude oil and petroleum products.

Freath were also The authorised to buy $800,000 worth of crude oil and petroleum pro- Y. H. CHAN,

ducts in Latin America-United Manager, Press.

2 FLIGHTS WEEKLY

CO-OPERATION WITH CAT

NORTH 10

TAIPEN & TOKYO MONDAYS, & FRIDAYS

SOUTH to

SINGAPORE BANGKOK,

2.3032-240 2.4414-2.4335

2.30 -2,2016

2.3914-12 2.43

1.88 -1.57 14514

20-90

com-

Mr Wilson replied that apart, from strategic considerations, the Billish Government had never allowed political con- siderations to stand in the way of commerce' and' tride.-Reu- ter.

·

Copra Quiet

New York, Mar. 1.) The copra market was quiet, with affers at around $283 per ton, CIF the Pacific Coasty and tentativo bids at around $10 lower Coconut oil, was offered at around 21% cents

FOB. milk-United

New York down-par 200 th, sack Pound, Press. $13.70 United Press

America Imposing Priorities On Exports

Of Wheat

Landon, Mar. 1.

Some extraordinary sales of wheat, notified under the International Wheat Agreement, during the week ended Feb. 23, were disclosed by the International Wheat Council here tonight.

Simultaneously, news came that Washington was imposing an allocation and priority system on United States wheat and maize exporta because the demand was beyond the country's capacity, to ship.

It was believed in London | national Wheat Agreement was that the priority order would Increased by 450,000 tone from be Indis Yugoslavia, Greece 1,042,000 to 1,400,000, $ and Austrisk and then other The United States sport countries according to-need quota wa correspondingly, in

The United States sold no teri creased by 445,000 son

450 000 merki to

aster COACH SERVICE at reduced rates! 150, 100,000) Cones to Cornaby then theble punching

PACIFIC OVERSEAS AIRLINES SI

tons to Italy..

KORDATE THIS. of United States | 23, so that her, L

The

wheat 10 india, during the week is stroniky vietij must aber esparkle' from the ¿K» » Unteralt

What the United will be told

and MALAYA

"AAGTEKERK"

"ALMKERK”

"LANGLEESCOT"

Through BS/L issued to Meditteranean and Northern Extropoan Forty.

JAPAN “AÅGTEKBRE" “ALMKENK" + "LANGLEES OUT” + via Manila,

ARRIVALS

20th Mar, Mid, Apr.

ARRIVALS

8th Mar. ..2nd week Apr,

May

SAILINGS.

"9th Mar, 2nd week ADE..

May

SAILINGS

25th Mar. Mid. Apr.

KINGS BOIEDINOZACOJONESTVEROUS ETO PROET

S. A. C.

ONLY SAC OPERATES TO PENANG

Leaving Hongkong

Every Tuesday

Overnight stop at Bangkok

Arriving Penang

Evory Wadnonday

Ceneral Agents:

SOUTH EAST ASIA Trading Co., (SIÁM) LTD.

69 Connaught Road, West. Tel: 24292 Peninsula Hotel, Kowloon.

Booking Agents;

Tel: 56416

AUW PIT SENG'S TRADING CO., LTD. TO, Pedder Street, Tel: 26733 CHIANG HUAT HONG

340 Queen's Road, West, Tél: 36204

YOU

S.A.S.service is there for

The welcome of a

spontaneous smile...the

anticipation of:ällWOR your needs...the speed that is not obvious...and the cushioned comfort

that is. It's such a JOY to fly with SAS.

SAS

JENES SYSTEM

PENINSULA", HOTEL, KO WLOON, PHONE BEREK,

siunta 'under the