1951-03-30 — Page 7

MESSAGERIES MARITIMES

M

"GRANVILLE”

"FELIX NOUSSEL”

ARRIVALS

from Japan

from Marseilles

M

PASSENGER/FREIGHT SERVICE

"FELIX ROUKSEL" "LA MARSEILLAISE" "LA MARSEILLAISE”

31st Mar,

4th Apr,

SAILINGS

to Afarseilles via Manila to Japan

5th Apr.

8th May

to Marsellies via Manila 19th May

FREIGHT SERVICE

.N. Africa & Europe 1st Apr. N. Africa & Europe 8th May .N. Africa & Europe 15th May for

"GRANVILLE” "CDT DORISE” "BREST"

PORT SAID, TUNIS, MARSEILLES, ALGIERS, ORAN. TANGIEB, CASABLANCA, HAVRE, DUNKIRK, ANTWERP & ROTTERDAM,

CIE DES MEessageries MARITIMES Queen's Building

Tel. 26651 (Three Lines)

MAERSK LINE

FAST FORTNIGHTLY SERVICE TO:

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

NEXT SAILINGS

MS. "HULDA MAERSK”

M.8. "TREIN MAERSK"

M.S.

Mar. 31 Apr. 19

Apr. 30

"PETER MAERSK❞

• This vessel calls Vancouver prior to San Francisco.

ARRIVALS FROM U.S.A.

M.S. "LEXA MAERSK”

M.S. "SALLY MAERSK"

M.S.

"CORONA"

For Freights and Further Particulars please apply to:-

AGENTS:

THE CHINA MAIL, FRIDAY, MARCH 80, 1951.

Gilt-Edged Tin

Tin Producers Have

Advance

London, Mar. 29, British Government bonds

the

mala WOTO strong point in an irregu lar semion of the London Stock Exchange today. “Advances” In~~Government Issues ranged up to 7/16 of a point,

Industrials were mixed. Ofnelined-lower.— Selected gold miniaɣ and copper slocka advanced,

Financial Times' Index: 120.5 Associated Press.

DECLINE IN

COTTON MARKET

Scheme For Breaking

Deadlock HONGKONG

The

Washington, Mar. 29.

The United States Government is studying a proposal from tin producing nations aimed at breaking the stalemate in international efforts to

set up a scheme for allocating the free world's tin production, Reuter learned authoritatively.

SHARE MARKET

Business on the Stock Ex- change during the morning Noon rates The proposal was submitted to the United totalled $222,418.10.

were as follows

1350

States during informal talks which have been SHARES DUYERS SELLERS· BALES going on here since Mar. 14 between representa-DANKS tives of the United States, Britain, Belgium, Bank Indonesia and the Netherlands in an effort to control the price and allocate-production.......

New York, Mar. 29. Cotton futures ended a scs- sion of alternate rallies and de-

The first stage of these talks olines with prices mostly on the concluded yestartlay. Delegates ! downalde. Nearby May delivery from overseas are going home hold to 45.89, the siling price, and reporting to their govern- but new crop positions became

having reached

a target for renewed iquidationments without and hedging when spot house agreement. demand for December V porated overnight.

Short covering by day traders bolstered July position at the close.

Paris Conference.

States

Plan To Make Newsprint From Bagasse

New York, Mar. 29. A US$15,000,000 plant to make newsprint from sugar cane bagasse -the waste material of the sugar in- will be built in dustry Florida.

INSURANCES

Canton Union Underwriters

SHIPPING

Asla Nav

DOCKS, ETC.

K. What X

R. F. L..

ROYAL

́ ́INTEROCEAN.

SINGAPORE JAVA PORT and MACASSAR [“TJIWANGI"

"TABMIAN”"* **

"VAN 'HEUTSZ" •

"TJITJALENGKA”

ARRIVALS

1st Apr. 1st Apr. „13th~Apr...

.20th Apr.

⚫ only to Singapore, Penang & B. Deti.

**only to Singapore,

MANILA, EAST & SOUTH AFRICA and SOUTH AMERICA

"STRAAT SOENDA”............. "TEGELBERG”

"TJIMENTENG”

31 1550

250-200

JAPAN

715

20 720

1.20

\\\"STRAAT-SOENDA”

TEGELBERG”

*TCHMENTENG"

ARRIVALS

7th Apr.

5th May

ARRIVALS

7th Apr.

6th May

LINES

SAILINGS.

-Sik ̄Apr. 4th Apr.

24th Apr,

28IN Apr.

SAILINGS

9th Apr,

8th May

SAILINGS

9th Apr.

Sih Bay

Agents: HOLLAND EAST ASIA LINE

EUROPE vis MANILA

780

TA

N. P. What Dock

1000 d

5

72-2316

11.90

*and MALAYA

200 @ 24

"LANGLEESCOT”

Provident

Shui Dock .. 2.90. Wheelook... 23%

LAND, ETC.

HK Hot

XD-5.65

IK Land XD

"ALMKERK” T

Through E=/L issued 40

"ARENDSKERE”

·Modlivrranea and Northern European Porta,

ARRIVALS

SAILINGS

18th Apr, 18th May

18th Apr. Mid. May

Mid. June

ARRIVALS

Sual Land

Humphreys.

1.36 8

UTILITIES

Tram XD

11.00

1700 12

C. Light (0) 6.10 6.30 1500

0.10

5000

8.20

1000

6.20

JAPAN

SAILINGS

t Light (N) 314

500

5.70

"ALMIKERK” +

1000

"L'ANGLEESCOT" +

293

5.70

17th Apr. Mid, May

Fectric XD 24 241 200 @ 233%

300 @

"ARENDSKERK

Mid. Jung

24th Apr. 24th Bay

300 @ 24

+ via Dianila..

9.00

2500 10

1600 0 11

1744 1374

1334

100 14.20

700 1739

$1.05

But officials emphasised today that negotiations had not been broken off and that the talks) were being continued here by permanent representatives the tin-producing countries.

The proposal now under study The reported refusal of the by the United States Govern- Chinese Communists to agree to ment is that producer nations a peace parley was balanced by would agree to international reports of a more concillatory allocation of their un produc- attitude by the Russians at the Lion for a limited period on the

following conditions:

United (1) If the The news from the dry goods

Telephone trade continued depressing with Government will co-operato in

INDUSTRIALS The United Bagasse Cellulose

Cement X 1135 producers fearing a definite let-arriving at a price for tin satis.

with offices in

Hope XD down in civilian demand for factory to the needs of the tin- Corporation,

Clewiston, Florido, was formed STORES, ETC. apparel type fabrics which may producing industry,

Daby be followed sooner or later by (2) If the United States will recently to carry out the pre-

Dabry (N) a let-down in military demand commit itself in advance

to feet

President of the NEW CO- 1. Crawford for cotton cloths.

purchase for allocation any

Roza, COTTONS The market opened 4 lower residual surpluses that may be pany is Jonquin J. do

anticipated in production. Cuban engineer who developed new and successful process to 8 points higher. Thereafter,| (3) If the United States will it seesawed irregularly. The final demonstrate his willingness to

of maling paper from bagasse. prices ruled 6 higher to 34 points co-operate in the conclusion of Mr de la Roza sald today the expensive, the lower. Prices closed today as an international tin

agreement process is less

more abundant which would provide for alloca-saw tion of tin during periods

quality comparable mado from newsprint shortage and also control pro- | W duction

the

follows:-

Spot

40.00 nominal

NEW ORLEANS MARKET

during .periods of

surplus-Reuter.

U.8,

SCHEME

Washington, Max, 29.

and

wood.

material the

He added

that utilising

cane pre-

waste of the sugar

serves the forests and wild life

The United States, Britain, and aids soil conservation and the Netherlands, Indonesia and water supply because there is Belglum have wound up their no problem of deforesting

obtain raw materials, (two-year long conference on

Apr: 29

May

45.30 bid

May 8

July

45.30

October

$0.00

May 19

Deo:mber

40.14

March (1032)

39.93-39.00

May

July

32.74 nominal 33.34 -United Press.

Tel. Nos. 26661-3,

Spol May

Closing rate March 29.

44.91

July

45,30 bid 45.01

October

December

40.65-40.00 40,05

March -(1953)

May

July

39. hid 39.89 bid 32.20 bid

point

-United Pre

JEBSEN & CO.

Pedder Building

LOW PRICES

Calculators, Typewriters Carbons & Ribbons

The World Typewriter Co. 46. Wellington St., Tel: 20500.

Repairing Service,

Just Arrived:

SUMMER FLOWER SEEDS FOR IMMEDIATE SOWING

THE CLOVER FLOWER SHOP

Gloucester Arcade.

Seeds And Oils

tin without agreement on what The new plant, he said, will joint steps to take to keep be built on a tract of land ad- prias in check.

the United States jacent to

trilll Informed, officials sald the Sugar Corporation talks adjourned yesterday with Clewiston. It will utilise the out very

much progress on any sugar mill's waste and its initial

enpacity will be 45,000

PWD

སྦེ་ བ

Grain Prices

In Chicago

Chicago, Mar. 29. Prices of grain fulures closed here today as follows

SUKING'SUBERDING,STELEPHONES/EROS TERROITATE

AELI HIMALSAGIEN TAU,627 TUNNATGHIBE SINESTEKSTEN TANS

S. A. C.

ONLY SAC OPERATES TO PENANG

tu

Wheat-price per bushel

Spot

2AT

May

2471% -2.48

July

2.43% -3.45

September

2.40%-

December

Leaving Hongkong

Every Tuesday

Corp

at

Spot

1.7872

Kay

1.7812

Overnight stop at Bangkok

· July

September

3.75%

tons

December

188

Arriving Penang

Every Wednesday

.$.

Kya

May July

1.93

1.09.

Oats

May July

08-07-12 New York four-per 200 lb, mack. $18.2--United Press.

The US. called the meeting of newsprint annually on Mar. 14 in an effort to find No defnite date for ground out what could be done to in-breaking has been set, but Mr. better distribution of de la Roza added the plant can scarce tin, a commodity vitally be in operation in 18 months if needed in defence and elvillas suitable priorities for construc- production.

...on are obtained

sure

No official announcement bas) Announcement of the forma market here closed today un- been made about the break-up tion of the new company came

New York, Mar. 29. Prices in the seeds and oils;

following of the changed with exceptions:-

Castor Sced, por long ton, 2.80 FOB-Brazilian Port. nominal-United Press,

the

The alarmed by sharp rises in tin prices, was believed to be holding out for as inter- national ntlocation system to get available in stocks to countries which need them.

at a time when there is tight Exchange Rates supply of newsprint around the world-Associated Press.

SOME DOUBTS

Ottawa, Mar. 29.

A Government newsprint au-

Buninom was done in the 10003 noticia eximage market morning at the followice, rates o Sterlin Dotty: (per 21).... U.S. dollars' (per #1). Endoders ruders (per 100). Siam tipli (per 100)

FIC plastres (per ́ 100)

THE HONGKONG & YAUMATI FERRY CO., LTD. from a pre-Korean invasion therity today doubted whether Blagapore (Straits)

Ferry Service to Outlying Districts

(In force on and after the 1st April, 1951) CHEUNG CHAU

Leaving Hongkong for Cheung Chau

FERRY SERVICE

(Via Ping Chau & S.M.B.) To Silvermine Bay only.

(Direct)

To S.M.B. & Ping Chau

only.

The price of tin has soared

level of about 80 cents a pound sugar cane waste can compete to about US$1.50 Associated with wood in the manufacture Preas.

of newsprint.

PENANG FORECAST

Penang, Mar. 29. R. A, Mackay, of Penang's Easter Smelting Company, sald today that American re-entry into the tio market would probably fallow failure of the Washington Un talks to produce |an agreement.

"If and when America even-

He was commenting on 1 New York despatch which said a US$16,000,000 plant to make newsprint from sugür bagasse will be bulit in Florida. --Associated Press, s

саве

tually comes back, tin prices The Rubber

should rise above the present level," he said, adding:

"World

demand outside

| America, together with a certain amount of stockpiling by other

(Via S.M.B. & Pins countries, is sufficient at present

6.30 ..

8.65

(Direct) }

Leaving Cheung Chau for Hongkong

7.15 a.m.- (Direct)

8.00

9.10

+F

(Via Ping Chau

3.M.B.)

&

10.15

* 10.45

* 10.00

(Direct)

11.00

**

(Via

S.M.B.)

Ping Chau

&

11.80 12.00 noon

#

{ }

"

1.30 p.m.

(Direct)

Chau)

Ping

Chau &

** 2.30

(Direct)

S.M.B.)

**

4.20 4.30

(Direct)

4.35 4.45

("}

(Via S.M.B.

&

Ping

15

++

"

(Via Ping Chau

&

6.00

S.M.B.) (Direct)

** 6.16

}

Chau) (Direct)

"F

SILVERMINE BAY

6.80

FERRY SERIVCE

*

1.00 p.m.- 1:10

(Via

(Via Cheung Chau) (Direct)

Leaving Hongkong for Silvermine Bay

6.30 a.m.-

9.00 "

9.10

-

(Via Ping Chou)

11.00

(Via Ping Chau)

1,00 p.m. 4.89

(Via Ping Chau).

(Via Ping Chau)

Leaving Silvermine Day for Hongkong

(Via Ping Chau)

8.30a.m.

⚫ 10.10

10.25

* 12.80

11

2.00 p.m.-

6.00 6.16 6.00

#

PING CHAU FERRY SERIVCE Leaving Hongkong for Ping Chan

6.80 am

€9.10.

11.00

1.10:p,

(4.30.

Hongkong

(Via Choung Chau)

(Via Cheung Chau)

(Via Cheung Chau)

To Ping Chau only.

(Via Ping Chau) (Direct)

(Via Ping Chau)

(Via Choung Chau)

Leaving Ping Chau for Hongkong 8.55 am.'

to absorb our producflon," Associated Press,

TIN MARKET QUIET

London, Mar. 20.

Markets

Prices

Singapore, Mar. 29.

of rubber futures closed here today as follows: Number 1 rubber, per Ib.

MATCH.

204-2

216-217

Apell

319-123 208-209

Number rubber, March Mumber 3 rubber, Marchi .. Number 4 rubber, March Spot rubber, unbaled Black crepe

164-10

217-238

104-100

No. 1 pale supe

pusüritad Prem.

NEW YORK MARKET

A New York, Mar. 29.

The tin market was quiet to- day. Turnover Wis 65 tons, including 10 tons for spot. · Rubber futures today closed Priers closed today at the dull and unchanged with po end of tho official morning sales reported. May contract

session as follows:-

closed at 63.00 bki and July

Spot tin, buyers

1,230

Apot in, adlers

1,240

65.00

Business dona at

1230

*411

稳

Three-monthe tin, buyers 1,255 Three-monthe tin, sullers 2,100. Bustnem done at Bettlement

10.00 : (Vin B.M.B. & Choung Chau)

2.25 p.m.

4.18

# 5:40

(Via Silvermine Bay)

Sundays & Public Holidays only.ale! Saturdays, Sundays & Public Holidays only.

TAI 0-CASTLE PEAK FERRY SERVICE Leaving Hongkong.

Kap Sui Mun

Castle Pouk

2.00p.m.

8.00 8.45**

4.80-**

6.45

7.80 a.m. 8.89:

··0.16:

De contracta on,

Esked.

the must be liquidated 100-1,150 by March 31 under the Govern

ment order. Since the Exchange mited Press. Is closed on Saturday that NEW YORK KUPATA

means the remaining interest New York. Mar, 20. of 28 lots

Under

the revision of the by had, bal discharged

celling price permitted by the The spot market remained a Government's now margin.ra- dull affair, with Government gulations, spot in was quoted bids still reported much bolow today at $1.40 per pount, up a workable basis, ----United 12 cents from the former cell- Prom ing United Press.

Pepper Market

Advances

# New York, Hár: 20%. The pepper / market today advanced with epos"uttutulon moving up '0 cents and sollers holding out for 91,07 u pound.

reversal was coupled with

Leaving Tal

Tal Onal

Tung Chung.

"Cantlo Peak”.

Arriving Tai O

SUNDAY EXCURSION-DIRECT FERRY TO TAI

encing from the 29th April, 1962)

Kap Sui Mun "Arriving Hongkong "mis

9.455 12:00

The The Quartermastega annourice. 55004 premat on the wwance for marchara

Tung Chung

LONDON, MARKET.

London, Mar. 29. Prices of rubber Futuron closed here today, no-followr

Copra: Quist)^

15.07

28.50

1.817

14.00

General Agents:

+

SOUTH EAST. ASIÄ, TRADING CO., (SIAM) LTD.

69 Connaught Road, West. Peninsula Hotel, Kowloon.

Booking Agents:

Tel: 24292

Tel: 56416

AUW PIT SENG'S TRADING CO., LTD. ∙∙∙10, Pedder Street, Tel: 26733; CHIANG KUAT HONG

340 Queen's Road, West, Tel: 36204

YOU

The S.A.S.service is there for

ทบ

The welcome of a spontaneous smile...the anticipation of all your needs...the speed

that is not obvious...and

the cushioned comfort that is. It's such a JOY

fly with S.AS.

SAS

*V 44AZASI SOSTEN

8,80 min 7,2 | 10 Lowving Tai O