LANES
Singapore. Djakarta, POLYRTARE,
Kurabala & Marassar
Bingapore mjakarta,
Singapore, Penang & Peiwen 'Dau
Aatsaranga
Semarang,
Súrabpia & Macámar
Japan
ujakarta.
Surabain & Marasser
Manila, Kingapore, Maurious, 3. Africa
May sch May Fil
atav
MAKASBAR"
May
2201
LOLL
4. America
Japan
3lay 16th
HIDExpore, Bjakulac
Semarang,
surghals & Macassie
May 21st Mas 24th My 27th
JADAL
jakarta,
Semstang
1nate 2nd
Jazer
4111.
June
9th
June 13th
Jan 16
1nly
2nd
"TJIWANGI"
"TJIIANAS" "TEGELBENG"
"TODAS"
→TILLUWAIN
وانان
"THWANGP
TJITJALENGKA"
"VAN HEUTSZ"
July
drpati
*TIPANAS”
July
Mantia,
*TIPONDOK"
July Kita
Djakarta, Thirebon.
July
, Ametl
延いるが Tota
Japon
"TRAAT SOENDA“ Jois 15th
Japan
**THLUWAH"
Jut fet
*BOISSEVAIN"
buty
28111
"BUYS"
&
Semarang,
Japan
Titrebon,
Surabala & Macassar.
Ekart.c Stoga pote,
Burahala & MacaMART Japan Stantia.
SORINTABLE,
Singapore. Noticias, Africa &B. Ameina Djakarta, Tirabon
Surebala & Maraisar Singapore, Lijakarta,
Surnbála Marassar,
Jakarta. Singapore.
Nurabala & Macassar
Japan
Singapurr.
E. & 8. Attira
Burabola & Alxenssar
Nemarang,
Semarang,
Seu atang,
Mania, Singapure, Mauvais. 8. Africk
Singapore. Bjakarta.
Súrábala & Macassar
Japan
ARRIVALS
Singapore,
From
Surabala & Macassar
3. Amerlea, S. Africa, Mauritius,
Singapore & Djakarta
Djakaria, Bolawan Dan & Singapore
General Agents,
HOLLAND EAST ASIA LINE
“VAN HEUTEZ"
STJIWANGF
"TEGELDERQ"
"EASTWAY"
Apr. 281
Apr. 301h
May
25XACTIKEEK
jakarta,
Sematang,
Semarang,
SIGARES BUYERS SELLERS SALES BANKS
HK Bak
137S
El INSURANCES
Asia
145
SAILINGS TO EUROPE
"KIELDRECHT"
7.12
HK
30
EGAT
SHIPPING
"BLITARTM
MAY
Zuly
"1000KERK"
Aug
721
Aula Nav.
1.05.
3000 6.70
DUCKS, ETC
SAILING FROM EUROPE
Sails Rollerdam
Arrives Hongkong
4019
1000
10
"KIELDAKCHT"
Hailed Mat
April
b
S
"AAGTEKERK"
Bth
1-1024
13 113
415
↑ "BLITAEN
May, Zod
Jupe
1th
3.80 3000
7.83
"HOOGKEREH
MAY
28th
July
th
"ABEND KERX“
July
2nd
Aug.
Ith
500
7.85
3:319 wr
7.00
1000
2.73
TO 28017
FLS $1/967231
K. Whart XD
BU
NFL Wharf 0.13 Dock
rovidial X Wheelock... LAND. ETC
HK Hotel XD 7.00
HK Lnd XD $2
S'hai Lond. 135 UTILITIES
Tram XD ..15%
: כשל !
14.300
42
13,40 2000. 10.73 300 9.55
30021.
fall.
Train (0) Tram (20) 139 Star Ferry XD for
8.30 01 500 w
c. Light (N) 8.30 Electric XD. 214 215
1000 t
3.25 0.30
5032022
900 a 2500
Telephant XD 14.00 INDUSTRIALS
Cement XD, 14,60
55
15 2000 or 149
14.05
Rope XD STORES, ETC. Dalty XD
17
1634
1600
23
22
The demand for loud Is loan and coal seams are all thin and poen falling in the past Law!
largely dipped.
weeks. It is difficult to predict Japanese mining engineers the duration of this slackness have decided to stop slantwise in the market since it depends opening of pits and to sit mainly on the progress of in- shafts Instead, as is being done industrial activity in the United Germany.
States.
But International Fund men still indicated that they thought that Britain might ask for a loan as rueans of stem- ming the adverse balance of full payments and the heavy in her gold and dollar reserves. The Australian transaction will be called 1 "purchase" she will "buy" the dollars with Sterling, and then, at the end back of the agreed term, buy the Sterling with dollars.
Although in the Fund's jargon this is referred to as a "pur- chase,"
se," rales of interest are in- volved, as in normal borrowing transactions.
a
These will be calculated on
rather complicated sliding reale, ranging from one half of one per cent upwards to 3 per cent.-London Express Ser- vice.
Grain Prices
In Chicago
Chicago, Apr. 19. Wheat futures closed 3% to 5 lower and soybeans 31% to 4 lower. Wheat Price per bushel
2,494 nominal 2.4774-2.47
2.3405-
2.30%-
Coal operators are willing to buy practically all mining mag from Germany, not chinery America, since it is better for the German technique-Asso ciated Press.
Sharp Fall In
Cotton Market
Unexploited icad mines in the world are not as great 38 these for other metals. In the United States, in particular, does not seen that production can be greatly increased.
But high prices have caused lead to be replaces by icss rare metals, This Influences the present market and slows towards down any tendency rising prices.
The present price for zine is much higher than in pre-war times, but the use of this metal has been stimulated by the de- velopment of modern technl- ques in the galvano-plastic in-
New York, Apr. 14. Cotton futures closed today off 65 to 68 points. Losses Rdustry. inst reached $3.50 a bale, the sharpest setback of any session Josses 24, when slace Feb. ranged up to 76 points. Nearby May delivery dropped
below
Watson
Watson () 1. Crawford Sincere COTTONS
Dwo
Yamste
235
MISCELLANEOUS
4000 14ły
300
430 3.10
54 51 1000 5.30
Foreign Exchanges
Canada
In NY
.
New York. Apr. 14.
England-oficial
Imollicial
14
.... US$1.01
DIFFICULT FROBLEM
30-day tulues For the time being, the do
90-day futurex mand is limited. due to the
Australia shortage of sicer
and copper New Zealand and
restrictions
South Africa on its use,
Belgium These restrictions, however, Denmark are expected to soften shortly France
West Germany
The
ed to be greater.
The problem of
the 41-cent level to its lowest price since March 28.
The sharp upset was coupled and rutuum demand is expect-West with-seyoral influences.
of these foremost
were the of the favourable view more Korcan and international situa-4cult. The shortage of cop Portugnt tion generally; the easiness in Per is one of the greatest ob- Sweden other outside
commodity, biącles American Industry markets, especially graips: the to surmount. Supplies, dullness in the textile markets ever, are expected to become and the heavy holiday rains in greater during the second half and Central of this year. the North, Enat
today
World
is production creating but consumption expanding more rapidly
2.80.13/18
2.47 bid-
4,50 asked
2.801:
2.7542
2.241
2807
2,01
.01081 1433
22206-9/16
4.90
.20311
.1400
Italy
copper is
how-
Norway
Spain hpswitzerland
Egypi Iraq an
DIIDDLE EAST
2581
43125
-2.01
Turkey
$315
soet Nay July Beptember December
Toxan sections,
Prices
closed follows:
11- !
Is Argentina' and
LATIN AMERICA
Argitt
SIMIL
$500
the trade in copper is not ex-
Chile
Spot
13.00
1.87 nominal
Day July
40.95 40.35-49.07
October
37.10
December
36.70
Murch (1953)
30.09
38.30 bid
Columbla Cuba Mexico Pena
Uruguay Venezuela
2003
May
FAR EAST
July
-United Preto,
2030
11.20 40.92
22.0%
40.00-10.13H
Corn Spol with 140 drilling rigs.
May Sterling
July Nor is Canada the only Cun-
September spent pront-
Dereinber time because monwealth country in which in- for all is now
Bre dennitely tensive search are
Such being carried out.
a search
May higher than American prices.
places as for Bh Also included in the surplus is under way in
Kenya
Gold Const, 1 $144,000,000 receipts from the remove the open account areas. This $14 Nigeria, British Honduran, Bar- 800,000 is not actually cash but badoes, Papua and several parts Bures on the books. Open
of Australia--none of these business requires of account balancing of both way trade and regions as yet being oil pro
ducers. Yel a vast sum af sacks a surplus cannot be spent money has already been sink in
Brurce
either.
the quest. foreign Japan's
receipts
late belonce was in the red.
The
$2,408,000,000 Included $1,009,000,000 from the special procurement business on scientifle for the Korean war and U.S. forces In Japan as well as ouvenir sales to Alled soldiers in Japan.--Associated Press,
New York Stock
Exchange
New York, Apr. 14. Stock exchange prices showed
a marked downward. trond. fo-
กร
and
Oats
May
July
TASK CONTINUES In Papua, for instatice, no les than £8,000,000 has been spent exploration since 1038 and the tssic still continues. Again, In Nigerie, another company has spent some £1,500,- 000 to date on exploration work, and more money will be needed be determined it can before
whether all exists there in com-
morcial quantities.
д
It is expenditure of this nature -expenditure which represents.
Onancial risk with no assurance that this will be ultimately re- warded by the eventual discovery of all that underlines the negd
Jay, Dow Jones averages of of the oil industry for largo the end of the session slood as capital resources, why so much
follustriala
30
20 Rails
15 Utilities
40 Honda
It also explains s0 204.10 | of the industry's annual earnings. 92.18 must inevitably be ploughed 49.84 back into Añañeing fatyre opéra- 178.03❘tionshi
-London Express Service.
United Press.
2.40-2403%
1.0315-3 1.8475-12 1.701 1.7355-34
1,0334 4.9015
0216-2 10-501%
New York Hour-per 200 16. Sack,
$12.90 nerminal-Unlied Press.
New York Rubber Futures
|
NEW ORLEANS MARKET
pected to he free from restyle- tions this rear.
As for lead and zinc, copper prices in the free
markets have fallen noticeably,
Thi not
India the Pakistan an early end of
of Hongkong
Singapore
33.83 nem tendency, however, does
point the metal regulated by the in- ternational conference on
In Washington has matericis
countries 10 permitted most
their requirements
shortage. The distribution Indonesia
Spol
May
July
October
December
March (1053)
May
July
United Preu.
raw Japan
world prices.
Considering the present un- world certainty prevailing in markets, buyers are now un- any willing to biry copper at
for .con- Einual falling prices,
New York Sugar price. This accounts
Market
New York, Apr. 14. Prices of rubber futures closed today 30 to 30 points higher, with
New York, Apr. 14. from the palmary markets.
World sugar futures closed sellers reserved pending news
September
36.40 nominal to 8 lower with males totalling October November
104 contracts. December January (1093) February
March April May July.
34.00
53.70 nominal Contract No. 6 closed un 33.40 nominal 3310 nominal changed to lower with solen
totalling 244 contracts.
Copiraot No. 4 (world)
31.30. 350 nominat
33 20 31.00
United Press.
May
·JUM - Beptember November
*9.30 bld
4.30 4.21
425)
Spot
Contract No. 9
Copra Quotation
New York, Apr. 12.
At May Copma way quoted.. today $180 per short ton, nominal, July Coconut off was quoted at 8 September November.. cents a pound, asked-United.
Recent news from Chile
mentions the possibility of or. import tax of six cents
150 yen to USI United PreRS,
Exchange Rates
• Business was done in the laget
exchange
market
77111 uneficial mornier at the following ratezi-
0.437 | U.S. dollar (per 51).
1.1.8.3 Sterling nato (per £1) Indonesia guilders fur 100)*** Stem-ticals (per 1001 Singapore (Stratis)
Fc plastres (per 100)
KING'S BUILDING TE
BENYLINE
FAST SERVICE TO UNITED KINGDOM
AND CONTINENT
BY..
S.S. "BENCRUACHAN"
Loading Hongkong 18th and 19th April
DIRECT FOR SINGAPORE
THENCE
HAVRE, LONDON AND HAMBURG.
W.R. LOXLEY & CO., (CHINA) LTD,
York Building.
Tel. 34165 & 38710..
PATTISON ORIENT LINE
LIMITED
s.s. “ADELANTO"
Loading From: Apr. 7th.
12-14 Queen's Road, Central.
Sails For:
DIRECT Apr. 16th.
Pasan
Tel. 25340.
CHINESE AGENTS:
OVERSEA CHINESE STEAMSHIP CO., LTD.
48, Bonham Strand, West, Tels. 26127, 81118 & 91119.
pound, on copper. If this lax Seeds And Oils SOAPY WATER
1
enforced, it will certainly cause a further fail in world.
France prices for copper. Presse.
NY Pepper Market
New York Apr. 16.
In the black pepper market,
New York. Apr. 14. Prices in the reeds and oils market closed unchanged with the following exceptiona
Peanut oil, per ib. F.O.. New York. 124-13 cents.
Peanuts, Virginia, Medium. 2214-4 cents-United Press.
For 1b. F.0.3. shipping palat,
Request To Banka
dealers placed spot malerial at between $1.05 and $1.00 a pound, Washington, Apr. 18.
The Controller at the Cur-! on a nominal posit. Afloats were Indiouted around $1.03 to rency Issued a call today for a 424 14 $1.04 pound and anforunt statement of the condition of all:
poaltions 82 $1.03 to $1.03 e national banks in the U.S. pound, all on an ex-decit basis the close of business on March
cociated Press. Jrited Preda,
a
15. GOOD FOR PLANTS:
USE BATH SURPLUS· ·
IN THE
GARDEN.
WATER
PRECIOUS
PRESS PHOTOGRAPHS
photographs
Copics of taken by the South China Morning Past, South China Sunday Post-Horald, and China Mail, Staff Photo- graphers are on view in the Morning Post Building,
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