1951-04-10 — Page 9

Page

MESSAGERIES MARITIMES

M

**OREST**

"LES GLIERES”

ARRIVALS

from Europe from Europe

SAILINGS

M

PASSENGER/FREIGHT SERVICE

"LA MARSEILLAISE"

A

"LA MARSEILLAISE"

"FELIX ROUSNEL"

"GRANVILLE”~.

"GDT DORISE” "BREST"

11th Apr... 1st May

to Japan via Manila.... 8th May to Marsellies vis Manila 19th May to Marschlies

23rd June

FREIGHT SERVICE

‚N. Africa-&-Europe-10th-Ap*-----

N: Africa & Europe 8th May .N. Africa & Europe 14th May for

PORT SAID, TUNIS, MARBEILLES, ALGIERS, ORAN. TANGIER, CASABLANCA, HAVRE, DUNKIRK,

**BREST"

ANTWERP & ROTTERDAM.

to Yokohama & Kobe

15th Apr.

·CIE-DES-MESSAGERIES 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

M.S. "TREIN MAERSK”

M.S. "PETER MAERSK”

M.S. "LEXA MAERSK”

ARRIVALS FROM U.S.A.

MS. "LEXA MAERSK"

M.S.

M.S.

"SALLY MAERSK" "CORONA”

THE CHINA MAIL, TUESDAY," APRIL

Wool Prices Decline

Bydney, Apr. 9. Woo! values today de- olined 15 to 30 per cent. compared with the closing "Tales" on March

8. Belt merino

20

dow

per

was down 15 per cent. other merino de- scriptions 20 per cent come- backs fine crossbreds per cent and other scriptions 20 to 30 cent,

Greasy WEB

wold at 250. pence, American buyers were absent.

Observers considered tho price "drop only temporary land the market · regained most of its strength when buyera. regained the (con- fidonto

lost when the Americans pulled out. --- - United Prem.

HONGKONG SHARE MARKET

10, 1951.

Rubber Talks Said Ban

Ban On

I

Aimed At Reaching Trading R. L.

Allocation

System

Rome, Apr. 9.

In Gold ROYAL-

TAIPEH'S ACTION

Taipeh, Apr. 8

In an effort to stabilise

Representatives of the world's main rubber producing and consuming countries met secretly in the present financial and

a police-guarded palace here today to try to bring their interests into line.

economic situation in For-

tho

Nationalist

-INTEROCEAN: LINES

SINGAPORE JAVA

PORT and MACASSAR

""TJIWANGI** “TJIBODAS”

"TJITJALENGKA"

ARRIVALS

In Fort

11th Apr.

13th Apr.

.27th Apr.

only to Singapore, Penang &– B. Dell-

It was understood delegates were exploring Government today ordered "VAN HEUTS the possibility of an international rubber allocaan immediate prohibition of tion agreement but no one at the conference-would trading in gold and foreign confirm this.

from

currency though private holding still remains legal.

An official communique raleas.. ed tonight maled that people are

Ceylon, Indonesia, SLOW DAY allowed to hold whatever foreign

All comment was declined, Delegations took part Canada, Italy, Britain, the United States, France, Holland, Thailand and Vietnam,

The Colonial Governments of Malaya, Singapore and North Borneo were directly represent-- ed while the British delega tion spoke for Nigeria and Sarawak.

Sir Gerald Clauson of the Colonial Office,

and Mr 8.

IN WALL STREET

Stock

New York, Apr. 9. prices

managed to a little in

currency they have on hand but are not allowed to trade in them. Should anyone need Taiwan currency, he has to sell foreign currency-in-his possession to“ a Government bank at the official

rato

Any private transaction is subject to prosecution and the amount transacted to confisca tion.

+

MANILA, EAST &

SOUTH AFRICA and SOUTH AMERICA "STRAAT SOENDA” **TEGELBERG" "TJIMENTENG"

—JAPAN- "TEGELBERG" "TJIHODAS” "TJIMENTENG"

† vis Manila.

ARRIVALS

In Pors .In Port

8th. May

ARRIVALS

11th May

SAILINGS

10th Apr.

- 16th Apr,

1st May

SAILINGS

11th Apr. 18th May

SAILINGS

11th Apr.f 13th Apr.

11th May

Business was stagnant on the Levine of the Board of Trade, slow market today but it was all ed the existing regulation that Agents: HOLLAND EAST ASIA LINE Hongkong Stock Exchange

during this morning's pession and totalled only $48,255, Noon quotations were as follow:-- AHARES DUYERS SELLERS SALES 1320 10 @ 1370

-BANKS

JK Bank

Flist Auto

DOCICA, ETC.

102 +

5.10

N. I WhOST Dock XD

Sh Dock.. 2.90

LAND, ETC.

100 Hotel

HK Land

31300

ספידי

100 @ 3

21.30 1000 11.25

74

..... 221 21⁄4 300 23

UTILITIES

Apr. 19

Star Forry

C. Light (0)

0.05 000

0

Apr. 30

C. Light (N) 3.40

May 16

C. Light (B.) 011⁄2 5.75 Electric

Dairy XD Wat

Apr. 29

May 8

May 19

For Freights and Further Particulars please apply to:-

AGENTS:

JERSEN & CO.

Pedder Building

Tel. Nos. 26661-8.

PENINSULAR

& ORIENTAL

QUIS NOS SEPARABIT

STEAM NAVIGATION COMPANY

R. M. S. "CORFU"

SAILS:

NOTICE TO PASSENGERS

BAGGAGE:

FRIDAY the 13TH APRIL at NOON for the UNITED KINGDOM via Straits, Colombo, Bombay, Aden and Port Said.

ALL passengers baggage must bej sent to the Hongkong & Kowloon Wharf Co.'s Godown at NO. 2 GATE, CANTON ROAD ENTRANCE by NOON on THURSDAY the 12TH APRIL.

STORES, ETC.

COTTONS

Ewo

2015 12 500 139% 10,30

200

Pepper Market Strengthens

|

headed the British delegation.

officials

declined

names of delc-

The communique also reiterat»

uphill pull all the way. There any outgoing passenger

is only So sceret was the conference were declines in about every allowed to bring gold or gold a Secretariat

the Farnesina Palace that category but the gains just ornate not exceeding two official tacks (shih lang) and managed to outnumber them. even to give its telephone Stecla number or the

moved ahead but only foreign currency not exceeding US$200. by

The inancial authorities are Bation chiefe

Moto 50 he

and Chrysler Liczeral The conference is a special slightly and Studebaker was apparently attempting to wipe session continuing a meeting in down a small traction.

out the black market in order to London last February.

Aincrafts listed two of the halt a further slump in Taiwan It is hoped to end it before stronger gainers Boeing

up Cutтency

to 'delegates begin the Interna- $1.25 at one time and Douglas United States dollar-United tional Rubber Study group's ahead two.

Press annual conference -here next week-Reuter.

ERRATIC

MARKET IN

COTTON

were up

Several railroads stocks gain-

od ground, but the carrier list hd is weak moments.

Santa Fe, New York Central, Southern Railway, and Southern Pacific gained a little, while Union Pacific, Baltimore and Ohio and Pennsylvania ground

lost

Dealers said they thought abocks were doing well consider. ing the depressing foreign com- ment from House Speaker Sam Rayburn.

up concentrations

in relation

the

NY Resumes

Trading In Wool

Wool

New York, Apr. 9. Wool and vrool tops futures New York, Apr. 9. Mr Rayburn came out of a

dropped the daily limit of, 10 Carton futures ran up and down the price ladder, covering Harry Truman, and spoke of Associates

cents a pound today as trading conference with President WAR resumed by the a range of $2.50. Frequently "terrible tanger" with Russians Cotton Exchange,

of the New York the market was influenced by building small orders.

It was the fast trading in "everywhere." Some chart readers watched

wool and wool tops since Jun. the fluctuations

"Traders in December watch on business

also kept a close 29, when activity was suspend- delivery.

Their opinion is that being piled up, but many dis-Government's price stabilization inventories ed pending clarification of the testing point of the market New York, Apr. D.

stability will occur if that posi- more than a minor disturbing

counted the full warehouses as order. The pepper

market areng-

tion works back to the 38.53

The decision to reopen the factor. thened over the week-end with certs low established last week.

market followed an order of spot supplies quoted 5 cents a

The market opened unchanged Consolidat Coppermines the Office of Price Stabilisation pound higher. Firmness in Lonto of 10 goluts. Thereafter block of 10,000 shares and re- $3.535 a pound on futures and

opened

up on transfer of a last week establishing a colling don and Bombay, plus nervous saved but closed on a rallyained its advance, ness over the International with the list up 22 to 43 points. political picture, with the resul-

Chemicals were a little ahead, today. tant strength in

as oils were mixed and radio and other commo- follows. dities, shaped market sentiment. May Spot

40.00 nominal television stocks were on the

upsida Jedy Bombay April shipment offer- October

Dow Jones Averages: ings were reported from 1.66 to December

Stocks 1.68 a pound, including cost and March (1952) freight

May

Pricco clobod

July

45.30 bid

44.03

39.72 -39.74

38.95 -30.00 38.81

38.67 nominal 30.23 bid United Pread.

NEW ORLEANS MARKET

The New York Produce Ex- change reported that stocks of black pepper in licensed ware Spot houses in the port of New York May on March 31 totalled 475 bags, October compared with only 233 bags on July

December hand the previous month. March March (1952) receipts totalled-4,575-bags.

The last tender day for May' contract wil bei May 24. At the close, May was quated nominally unchanged at $1.63 a pound. Dealings in "job lot" contracts remained suspended.

United Press,

The Rubber

Markets

May July

Grain

Coaling rate April 9.

44.91

45.39

30.10

44.83 -13.70

38.82 -38.83 38,71 bld

30.50 bid 30.10 bid

-United Press.

Prices

In Chicago

Chicago, Apr. 9. Prices of grain futures closed

here today as follows

Wheat-price per buxhet.

Spot MAT July

September

December

Cort Spot May July September December

2.40 24016-250 2.4096-35 உ51 2.55 -2.50%

1,81% 1.02 -1.82 1849-183

5015-00

Bye

MAY

July

Oste

London, Apr, 9. Prices of rubber futures closed here today as follows:- SPECIAL NOTE: With the exception of hand packages Number 1 rubber,

carried by passengers themselves, Mar

in cenfa per lb.

June

ALL BAGGAGE must pass through Septembre the Wharf Co.'s Godown for loading October/December on board by ship's slings only.

EMBARKATION: Will take place on FRIDAY the 19TH|

APRIL between 9.30 a.m. and 11 a.m.

S.S. "LAURE PATTISON"

:

Direct for

PUSAN

LOADING THE 11th APRIL SAILING THE 13th APRIL.

For Freight and Particulars, please

apply to

PATTISON ORIENT LINE, LTD.

12-14 Queen's Rodd C., 4th Floor, Tol. 25846

or Chiness Agents:

OVERSEA CHINESE STEAMSHIP COMPANY, LTI

48 Bonham Strand West, 1st Flo

#26187/8/31

Prices rubber futures

July

DO -2034 New York four-per 200 ib, sack $13.30-United Promi

20 Industrials

16 Railroads

$4.505 on tops.

The limit declines were at- tributed by dealers to the re- versni in soaring www wool prices at the Australian auc- tions,

92.47

The first traties were in wool 250.57 top futures with four contracts 82.84 in the nearby May delivery at 42.48 $3.97 off the 10 centa limit -Associated Press,

from the previous close.--=A550- ciated Press.

10 Utilities

Pressure

In-Textiles

Eases Off

New York, Apr. 1.

New York Sugar

Futures

New York, Apr. 9.

Domestic sugar futures No, 6

EUROPE via MANILA

and MALAYA

"ALMBERK"

“LANGLEESCOT"

"ARENDSKERK”

10

Through Ba/L issued Mediterranean and Northern European Forts.

• JAPAN

ARRIVALS

-15th Apr. 18th May

ARRIVALS

SAILINGS 18th Apr. ~Mid--May Mid. June

SAILINGS

“ALMKERK” † "LANGLEESCOT" + "ARENDSKERK” †

17th Apr. Mid, May

18th Apr.

Mid. Jung

24th May

+ via Manita,

NINGSERUUMING TEETHANGSESBOK TO PROIZ

BEND LINE

TO LEN IRUN

Tet

FAST SERVICE TO UNITED KINGDOM AND CONTINENT

BY

S.S. "BENALDER"

LOADING HONGKONG 11th APRIL

FOR

LIVERPOOL, GLASGOW, DUBLIN, ANTWERP

VIA

KOHSICHANG, STRAITS, COLOMBO, ADEN, PORT SUDAN & PORT SAID."

closed two lower or two high. W.R. LOXLEY & CO., (CHINA) LTD.

Sales were 155 contracts.

May

July

September

5.26 bid

540 bid 0.58 bid

York Building.

The cotton textile market World sugar futures No. 4 steadied today. There was less closed unchanged to six higher

of re-sale offerings with sales of 79 contracts, in the print cloth division fol- May

B.45 bid lowing fairly large sales last September

July Friday. Other sections of the Kirch market were firm.

May The woal goods market was Raw spot quiet with the industry study- ing the latest pricing onder on JETS

ci fabrics. awaited to cleared

picture trend

the

Mills Stock

5.50 bid 5.30 bid

6.12 nominat

*

5.00 5.70 Associated Prem.

Exchange

Tel. 84165 & 38710.

American Car Stocks

Show A Big Increase

Detroit, Apr. 9. Stocks of new cars have reached their highest

world wood procs Awaits Budget total in 14 months, Automotive News reported

London, Apr. 9. today.

which cording

continued Lower,

advicon

to

from pbroad. Mills were prepared

The Stock Exchange mainly

to ship goods to manufacturers marked time today because of The trade paper said its most| previously saki, now that they the now national budget due to vehicles, in dealers hands.

rocent survey showed 570,685

Next

of

Or

Pre-War

Now süld its

Practice

a, somewhat

370-1 604-533 MAY

have been granted partial re- be unveiled I

the House Undbest Press.

rising Op

costat fo

for the Commons tomorrow.

en route from the factory on period up to Dec. 31,

1950.

British SINGAPORE, MARKET.

Government bonds April 1. This compares with Rayon goods were quiet and eased through much of the list. 459,874 units inventoried as of Singapore, Apr. 9.°

enzy, reflecting excessive in- Some leading industrial stocks Automotive

1. ventories in converter hands shod a of closed here today as follows:-

and the slow paco of sales

led a few pence. in Number 1 rubber,

Oll, copper Rixi rubber issues survey brought goods - Associated were health Gold mines were mixed opinion finished

as to what les Prese

ahond irregular in'a narrow. range,

"Dealers in low priced lines The Financial Times Daily Index: 122.7 Associated Press.

in particular saw no cause for apprehension," the paper con“ tinued: "A majority of this group admitted being able to is now make immediate delivery with- Japan in Japanese ships, out trading

for the first time

per ib. Apell

May

Junn

Number 2 rubber,

Apell

Number 3 rubber,

April

2013-202-55 LPG 200

102-104

103-104

Miamber 4 rubbery,

Epot rubber,ubbeled Black crepe ***

No

pello crepe.

3778178 2003-200

15315-154 223030 United Prest

TIN MARKET FIRMS UP.

London, Apr, 0. The tin market today opened Hammer. Turnover was 60 tons, Including 85 tons for mak

Prices clcmod today at the end at

the official morning

nassion as follows-

fpot. tin. buyerm

Epot tip, mollars :

( 'Thron»monitus tinyābuy

Three-montha tin, "Estagi ramma', done, at

•Bettlement and

2,290

1300

JAPANESE BONDS IN LONDON

London Apr. 9. Japanese bonis

"A" (49, of 1609) "B" (4s. of 1010) "C" (53. of 1007) " (55. of 1994) "E" (845, of 1930) Consois

7

4312 42

57% 52

7834

0756

-United Fress,

Ship Charter

Extension

Washington Apr. 9.

NY EXCHANGES

r

Where tradings were involv

Resumed

Kuala Lumpur, Apr. 9. Malayan iron ore and bauxite being transported to

New York, Apr. 9.- Foreign Exchange:";

The Arst Japanese vergel to in 1951 Chairman John Kee of the Britain

$2,80%

resume this pre-war trade was House Foreign Affairs Com Canada

04.75 Japanese bonds. fost ground mitteo today Introduced a re- Belgium.

ed,

It was said,

the now car the 7,888-don Talkuwa Meru, today with other foreign dollar solution extending

1.08% buyer was getting an allowance which called at Dungun, Troug 0,28% US$50 to US$75

higher than Du, in April, 20.27

7,000

issues

New York, Apt., 20

Uligawa

Electria

Sweden

until April France 30, 1984, Power lost 22, Great Consoli U. S. Maritime Admination Portugal the authority of the Holland dated Electric Power Sevens 40 charter U. S. ships to dropped two.

Philippine operators. Japan 00 and

50 and Mr Koe raid the charters of Switzerland Oriental Development 80 and about eight much ships now in Argentina Bires, each dropped fractions, Philippine inter-laland trade Brazil

The only Japanese gainer will expire in a few weeks. Dexico was Shinyeta 61⁄2s which addedThe aim of the resolution is to Venezuela 11⁄21⁄2----Amociated. Press,

SOVIET OUTPUT

EXPANDED

extend these charters

was offered February.

to. load about

0.104 Fow canlons in low priced Japan. tona of: Iron OTO for

3.50

19.37

23.1

11.57

30.03 17.00

Associated Press,

U.S. TREASURY

11.11

31041

of alding Philipocong İying econcity.

ther means

Mr Koo told, the Associated Preos bio, was comident the re- GlamLondon, "Apr" D. (" solution would TooDive, Con- Rusiai atplug -up pro-assionat approval Associat- raduction of cotton fabrics fobi od From. A

| v cak and clothing, trikding fur good and slile, to most tho growing demand in the short- est posible;

Мосат

Exchange · Rates Reported today,

Jute Que

(Troamury pos

Total Detri: :UB

A Year agor USH Gold AssetÉ UB: A Year ago US

Bank Quotati

lines thought much trading com altions would last. very long.

Up the price ladder a little, dealers were of the opinion that April might be the only month of this year they will have to

Sa

Most of Malaya's iron ore. mined at Dungun and has been bought by Japan, who is also the Bolo buyer of Malayan bauxite

a concentrated sales Iron ore production in Malaya put on effort. There won't any of the in 1950, was well over. 400,000 pessimism, among, this group on tons, April 1. that prevailed a month Before calling

at Dungun, efore when inventaries wine Tatsuwa Maru, skippered by C. lower.

Chimari, with a crew of 0%, out do not

not expect In at the Malayen port of Fort any abrupt decline in output, Swationtam.

MOST

but they figure a lot of blood call thong

the war. will gradually, fade frean «the uniosidoit coment, for production paco bat was main- tion of Mass FRE tained in the first three months The stupa's crew,

of Quis year. Associated Frens were not allowed ashore at Fort

Quotations FRAN

Copra