JAVA-CHINA-JAPAN LIJN N.V.
King's Building, Connaught · Road,
Tel: Shipping Dept. 28015. Pasange Dept, 28017. Chinese Agents, Conrunght Road, C. No. 82, Tel. 26133.
Ship
1.5. "THITJABENGKA”
due from.
Japan.
Shanghai.
Amoy 5th July
Salling for Singapore. Java Porty
RE July.
ROYAL PACKET NAVIGATION CO., LTD. (ORIENT JAVA AFRICA LINE).
"STRAAT SOENDA" Smith America Luading for
South Africa
Shanghai
early Joly
"uuritius, Laurenco
Marques, Beira, Durban, East London, Port Elizabeth, Mosselbay.
Capetown, Buenos Aires, Montevideo. Santos, Rio de Janeiro, early July
For Dar-Es-Salaam, Mombasa, Zough Bill of Lading accepted
Transhugment Cargo on liragsibar.
"ROISSEVAIN"
in port
In reconversion
(DELI-STRAITS-CHINA LINE)
HS. "YAN BEOSZ
Any
Swatow
21st June
Singapore. Penang Belawan De}} 23rd June
SILVER LINE LTD.
m.v
**DERWENTIALU”
1.8. Allantie
urts via India July
U.S. Athandle, ports via Socz
HOLLAND-EAST ASIA LINE
Europe
..
"SIMON STEVIN"
30th June
Loading for Manila/Singapore/ Colombo/Suez/Port Said / Genon/Marseilles/ Antwerp/Bolterdain /
Puitable carge tank i Dar bulk oll. Amsterdam 'Hamborg /
A. ERASMUS"
Tiurage
early July
3.5, "UNGO de YRES' Europe
Early August
Copenhagen/Gothen-
burg/islu,
end July.
Londing for
Manita/Singapore /
Colombo (Suez/Port Said/ firnon/Marseilles / Antwerp Rotterdam / Amsterdam /Hamburg / Copenhagen /Gothen- burg Oslo.
end August.
Loading for
Manila Singapore:
Colombo Suez Port Said!
Genoa /Mardelles / Antwerp Rollerðani Amsterdam Hamburg/ Copenhagen Gothen burg Cisto.
early September.
Peninsular & Oriental S.N. Co.
ARRIVALS
SHIP
PMPRESS OF SCOTLAND)“
"TRI VETUOB"
"REVAYLOR”
"IREWORGAK"
SHIP
FROM
UK. & Straits
Bombay. Colombo * Straits
UK, Grima,
UK & Strails, Uk. Geno Bombay, Colombo
SAILINGS
TO
.
DUR
18th June 20th June
July August
READY
"EMPRESS OF
SCOTLAND"
2nd July
"ATUTLAR",
Kod June
> Accepts cargo for Madras, Karachi & Persian Gulf Ports on through bills of lading
Stralis & UK,
Straits & Bombay
British India S. N. Co., Ltd.
Passengers & Freight to India
Eastern & Australian S. S. Co., Ltd.
SUI
"NANKIN"
SHIP
"EASTERN""*
ARRIVALS
FROM
Australia & New Zealand
DUE
August
SAILINGS
TO
Australia vla Bandakan
"Accepts cargo on through bills of lading
for New Zealand Ports.
For full particulars, apply to
READY
25th June
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
BARBER-WILHELMSEN LINE
m.v. "HAVMANN" sailing about 17th June, 1947
for
NEW YORK via PANAMA
calling at
San Francisco, Los Angeles, Panama, Puerto Cabello (Venezuela) Boston, New York, Philadelphia & Baltimore
For freight and further particulars apply to:-
DODWELL & CO., LTD., AGENTS Hongkong & Shanghai Bank Bldg. Tolephono 28021.- :
THE CHINA MAIL, MONDAY, JUNE 16, 1047.
GOLD BULLION EXPORTS Philippine Deliveries To London Studying
Nationalising For Sale In Free
Indonesian Industries
Batavia, June 14. Dr. Dloksengemo, chairman of the Repub'ican Industrini Council, gave us his opinion ou nationalisation of Republican
that industries
the paper, chemfend and textile thastries should be nationalised.
Market
(By Sydney Gampell)
London, June 14.
No surprise was expressed in London today at the news that the first post-war deliveries of gold bullion produced in the Philippines, reported to be worth 600,000 Philippine Pesos (£75,000)
Manila. for had reached
consignment In London.
Dificulties with foreign ex-It change have greatly hampered eertain the stablishment of projected industries while in
lelency in existing industries is the main cause of generai poverty in the enuntry, be anid, ofding that wages and the per- ple's purchasing power have rus
mained low,
I
was taken for granted that this gold is to be sold through London on the world free market against dollar. Since the Philippines are re- garded as a special case-because of her great rehabilitation needs and obligation which the United States Contress has recognised in that respect this was not regarded as having any appreciable bearing on the question of a free market in gold from South Africa and other big producing countries
Meanwhile, a central bureau the has been established for
Republican No very large premium over was virtualty Incapacitated by mangement
the the United States official price wor damage. plantatima belonging t State, according to a brondenst { of US$35 per ounce was expect- obtained for this by Jogjakarta radio.-United, ed to be Press,
Philippine go'd.
CHEMICAL WORKS
CLOSED
Hamtang, June 14. The shortage of cont hns ched the L. Farben Chemical
Mexican Kulth coins
on the
Free Gold Markets
London, June 14.
It in understood that the Bretton Woods International Monetary Fund in studying the free gold markets and opera- tion of the monetary authori- ties therein.
Members of the Fund under- tako to nail gold only at oficial prices.
The 'Economi comments кая, те- that this obligat m peatedly been brenched, for ex- ample, Mexico habitually sells gold coin for export at an ap preclable premium.
Europent Certain western central banks are speciel of operating in their own black market for gold. by sellini: coins to reduce the premium on go'l hoping to strengthen confidence in their currencies,
This practice has gained suf Reiont amplitude and notoriety some investigation to justify and perhaps action by the In ternational Monetary Fund.-* Reuter.
Federal Reserve
Free Markets Pre-war, the Philippines was big gold producer to the ex- tent of more than $10,000,000 free market felch rather less worth a year equal to more than the equivalent of US$10 than a million ounces of gold). Per Dunce and Philippine or
IL WOM other gold in four form would! be worth a shade less, since that operators in the Middle End, which, because of higher post- near which is now the inain market costs, could not work evono- mically at the official price of in the United States for free gold against dollars. 95 an unee, could resume big Zone, for at "indefinite period." I prefer coins as being for more
production al il moderately higher price. The smaller the premium obtained on a market, the smaller is this in ducement to restore big output.
February claimed in
some Philippine mines Bank Return
Works at Leverkuseli, Cologi,
US$39
Ansela:
Washington, June 14, Guld certifientes
617
band and day from U.S. T $18,070,000,000 Total Discounts and advances 175.000.000: Total Gold Certificates reserve 19.782- free 600.000; Total S Government Total securitles 21.578,400.000; Loans and surities 21,756.000.- 000: Total Axels 44,264,000,000. Liabilities: Federal Reserve Nairy in Kettal circulation mewher 24,110,000,000; Deposit *Total Deposits 17413.900,000, Tatai Liabilities 44,254,000,000; as reserve &'C 16,028,000.000;
The chief of the production convenient than bars.
Mexien od bars in the New department of the North Ger- mán Coal Company
In Essen York free market (for export spirit" Are worth shut US$38-12 sachd that a "higher
Tandon, jer once. miners je to an orense 4 about 1,000 tons in with its longe, and claser balf sales of Philippine gold en lign connections with the Mid. the free market did begin to the Rabr Valley coal output-
approach the pre-war Philip- British controlled- -during the East might be able to get past few days lat
conl trans- slightly more than New York pine output. the whole position If the free market in Philip priathan rantinget to present for Philippine gold but prob would have to be reconsidered difficulties. – Reuter,
ably only by a matter of cents, Big prices of US$60 to Use gold did become big the which have hernity at present mentioned widely publicised, are only in is sti't quite small-it night te liabilities combined 47.8'
usefully clarify the whole ques- Gold Stock 21,020,000,000; Money the Eastern free market, which tion of a free gold market.
circulation 28,251,000,000.--- either, as in India, cannot af
Reuter,
NATIONALISING BANK
The Hague, June 14,
Dr. Pieter Lieftinek, the Dutch Finance Minister, today
presented to the Dutch Parlia
the ment"a blij to nationalise Netherlands Bank,
The Bank will have at least three and a maximum of five managers, all to be appointed by the Crown.---Reuler.
BOMBAY SILVER & GOLD
jwr conce.
It is generally accepted that present import rold at alt or free markets are too small to se cannot import it for dbsorb any substantial quantity.
lurs.
Helping Industry
เว
The British Authorities not allow gold to be exported. at higher than the ulein price against payment in sterling, ho case for entrepot trade. Bri- dollars tain prefers to earn while for any other trade quot- ing gold at a premium in ster- Bombay, June 14. ling amounts lo devaluation of Silver, Realy per 100 tolas 170 sterling, which is anathema to Rupees. 14 Aimes; Gol. the British nathorities. They Delivered, Jer tola 112," 12; do not, however, object fa en- Sovereign, each unquoted; Silver,, trepot trade against payment New Settlement (unoficial) in dolara. sinquoted-Reuter.
ZURICH FOREIGN EXCHANGES
June
Hut an ounce of practice might
Ratly of gold certificates resur to deposits and Federal Reserve'
in
Buenos Aires, June 14. Sovereign, Buyers 59,50, Sellers 60.50; U.S. $20 Eagle, 111.50, he worth a ton of theory.—Rev-| 112.50; Gold, Bar, Gramme, 5.25, jer.
5.30.
Reuter.
Population Transfer In India
New Delhi, June 14,
Three representative Sikh organisations at a joint conference here on the Punjab problem today proposed the redistribution of pouplations in- volving several million Sikhs and Hindus. The Bank of Enghand knows Western Punjab has a Mos- plan is no doubt defective," he nothing of the Philippine con- tem mujority. The Sikha algnments but this is naturai Hindus which together
and said, but added: "You must make remember that one can extract
at this stage. Whether import up over 11,000,000 of the Pun- gold from the earth."-Reuter.
cd for safe deposits for fur-jub's total of 28,000,000 pre-
AMERICAN PRESIDENT LINES.
REFRIGERATION-SPECIAL CARGO OIL TANKS--
CARGOCAIRE-SPECIE
SAILINGS
F.
SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA &
HONOLULU
5.8. "President' Tatt" (via Maylla & Yokohama) June
18
SS "General Gordon"
June
20
88 "Marine Lynx"
July
20
SS "General Meign"
Aug.
NEW YORK AND HAVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY,
SS "Traq Victory" (Calls Karach]) 85 Wills Vickery"
SS "Marine Sanpper" SS "Scott E. Land"
382
SUEZ AND MEDITERRANEAN PORTS
June
10
Juno
July
July
MANILA
June June
18
20
June
SS "President Taft" 8.S. "Geral Gordon" ..... S.S. "President Jefferson'
AMERICAN PRESIDENT LINES, LTD.
St. George's Bldg.
Tel. Nos. 28172/28175-
Pacific Far East Line, Inc.
TRANS PACIFIC SAILINGS
To San Francisco & Los Angeles
SPECIAL CARGO OIL TANKS-
3. "LUXEMBOURG
*VICTORY"
8. "TRADE WIND" 8.5. "SIROCCO" 8.S. "GREAT
REPUBLIC"
Duo
Soils
June 19
June 20
Via Tokolama
20
21
Direct
+
**
30
30
1+
July
3
July
3
Direct
Americam Pro
Via Yokohama
neerline
Arrivals from New York, Boston, Other Atlantic Ports via Panama
8.5. "AMERICAN FLYER" n.s. "PIONEER GLEN"
Duc
*
June 15th
July 5th
Sailings to New York, Boston, Other Atlantic Ports vià Panama Canal
·SPECIAL CARGO OIL TANKS - S.. "COURSER"
*mon Salls 5.8. "AMERICAN FLYER” .................................
June 18th
June 28tb
Salling to Melbourne, Sydney thence to New York, Boston and Other Atlantic Ports via Panama 5.5. "PIONEER GLEN"
22
Arriving Melbourne on about July 15
Bydnes
For Full Farticulars Call
11- to
July 6
UNITED STATES LINES CO.
General Agents
314. Queen's Building.
Tel. 31251 (3 lines):
Zurich on London 14.35. New ther processing or in transit dominate in the East. Under BANK OF ENGLAND The SWEDISH EAST ASIATIC Co., Ltd.
York 4.30, Paris 3.62', Brunsel 9.871, Austerdam 102.30, Lisbon 16.67%. Burnos Aires 140.00. Stockholm 119,625, Madrid 39.75.
-Ruuter.
It
cum-
RETURN
OUTWARDS TO SHANGHAI
discharging H.K. 15th July discharging II.K. curly August HOMEWARDS TO EUROPE
to a third country outside the the British plan, members of sterling aten, 'go'd needs no Im- the two parts of the Legislative
London, June 14. port licence. The Bank would Assembly, sitting separately,
Banking Department: Public only hear of it when an export will decide whether or not the
Bankers £7,300,000;
Deposits licence was applied for. province should be partitioned
206,800,000; Other Accounts has been known since art in, the event of a decision
M.V. NAGARA 03,600,000: Government Securi- Alexandria, June 14.
February that the Philippine tor partition, a boundary
ties
M.V. FORMOSA. 324.800.000: Discount and Gold, per "dirrhem" 134%, Government favoured free gold mission will be aet up.
Advances Securities Egyptian pound 440, Sovereign exports at the best obtainable Sikh representatives today
17,200.000:
and gold and 476. Turkish pound 330, Napoleon 330, Dollar (piece de cing) 440, price to help the rehabilitation called on the British authori- silver coins 66,200,000.
Issue Department: Note circu- Silver (piastres)
Kilogram of the Philippine gold ruining ties to direct the boundary com- 840.-Reuter.
Industry, which at that time mission to "make recommenda- lution 1,306,500.00C; Totul Bul- 1,672,000,000; Proportior tions for the transfer of Hindu lion
and gold and Sikh populations and pro- (percentage of notes A BRITISH CROSS WORD PUZZLE
held perty from the western part of and silver coin
deposit) 14.1-Reuter, the Punjab to the eastern part ufter partitlon has been effect-
27
per
3
Clues Across
1. Current 5. Consuthes
by Arb.
8. Malo
animal.
9. Balanced.
18. Landowner, 19. Girdle. 20. Symbol.
24. Bury,
26. Uninterest
Ing. 20. Card game. liable to. 27. Conclap
28 Make
11. Becuti
12. Loathe.
14. Niggardly.
16. Weapon.
uld of.
Clues Down
1. Undermines, 14. Church.
ed."
+
again
FRENCH BANK Disapproval of the partition
RETURN plan, which is widespread in
Paris, June 14. Lahore, is apparently increan- Note Circulation 788,003,000.- ing with wider appreciation of 000 francs; Increase as compared the extent of the shock jikely with previous week 12,050,000, -
result to the province's 000: Bank Lonn to Stat
73,700,000,000; Increase as com· economy.
with previous week nared 13,000,000,000-Router.
to
Political circles in Lahore in dicate that high-ranking mem- hers of all parties have private- ly expressed their willingness to preserve the unity of the province by a compromise but under the British plan. parti. tion can only be averted by in-j cluding the whole of the Pua- ink in either Pakistan or Hindu-
23 stan.
2. Incursions / 15. Contrary,
3. Encourage. 17. Chang
Notice to Consignees
M.V. “MEMNON”
vessel wil be surveyed by -Damaged cargo ex the abovej The Moslem and Hindu divi- Mesars. Goddard & Douglas at sions of the Legislative Assem-17th June 1947, and consignees Holt's Wharf from 10 am, on by are meeting separately, at Lahore on June 20 to decide presentatives aro requested to. for or against partition.-Bou-be present during the survey.
BUTTERFIELD' & SWIRE, Agents,
ter.
Gandhi's Plea
New Delhi, June 14.
Notice to Consignees
-' _M.V. “STENTOR”
Mr. M. K. Gandhi, in a 40- Hong Kong, 13th June, 1947, minute address to the All-India] Congress Committee tonight, added his powerful plea for ac- ceptance of the British plan for the transfer of power to India. 4. Up-to-date. 19. Confuled
This, with speeches from G. Fragile.
Damaged cargo ex the above, Pandit Jawaharlal Nehru, Vice- 6
Frealdent of the Indian Interim vessel will be survoyed at Holt'a 16. Drain
Government, and Sardar Vallab Wharf between the hours 10 13, Flower
Member, am. and 12 noon on 17th and hai Patel, Home 28, Unpleasant merchant, looking.. Ahould it is thought, necuro al- 16th June 1947, and Consignbes most full consent, of the Con- representatives are requestall to 31- Locust: 32 Ever
friters...
talk
21. Come Into
22, Grind..
gresa "Parliament" to, the plan, be present during the survey.
Mr. Gandhi has hitherto
BUTTERFIELD & SWIRE. Agenth
Saturday's Crossword Downi Mlser; 2 Grips: 3 Across 1 Magle: 4 School; 8Cellos, Coat; 40pined; 7 Listed: Shield; 10 Amiss iz Liken; 14 9 Dilated; 11 Merits: 19. Severed; stood out strongly against Rissoles 17 Rede 10 Avoldóu 2016 Idol; id Superb 18 Tear: 20 partition. His approval to Compote; 22 Aloo; 23 Erasuto; Cancel; 21 Mettler 24. Arino; 25 night was by no means unquali Hong Kong, 1801-June, 1947.
fied. The British Government 27 Trader) 20 Curbs: 30 Diadem; | Unduo; 20 Emmot; 28. Asks.
.::
*
M.V. NAGARA M.V. FORMOSA
loading .K. end of July
loading .K. end August
LOADING FOR
PORT SAID, GENOA, MARSEILLES, ANTWERP ROTTERDAM, COPENHAGEN, OSLO AND GOTHENBURG. Tanks available suitable for the carriage of oll in bulk. For further particulars apply to:-
GILMAN & CO., LTD.
Agents, Telephone 31140.
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE.
ms. GRANVILLE m.. SOMERVILLE
... SAILING 6th JULY SAILING 64 AUGUST
ARRIVALS FROM PACIFIC COAST
.m.6. SOMERVILLE
DUE 'Srd 'JULY
SAILING FOR SINGAPORE: 6th JULY
PASSENGER ACCOMMODATION.
Chinese Freight Agents.
HOO FOOK PING
THE BANK LINE (China) Ltd.
BULK OIL TANKS,-
Apply:
THE BANK LINE (CHINA) LTD. King's Building. Tel. 27792
HONGKONG-MACAO LINE-
DAILY SERVICE
8.8: "WING UING" 8.8. "MERRY MOLLER”
Hongkong Berth
Macao Berth
Leave I.K.
3.00 PAT 8.00 AM
Tung On Wharf
Leave Macao
1.00 AM 1.30 PM
* Connaugfil fload, Central No. 20 Wharf ·
For Freight & Passare please apply:- TAK CHEONG SHIPPING CO. Phones 23115, Whitenway Laldlay Building.
25125