THE CHINA MAIL, FRIDAY, JULY: 26,~1947.
JAVA CHINA-JAPAN LIJN NV NO LONDON MOVE YET OVER
FOREIGN-GOLD DEALINGS
• King's Building, Connaught Rond,
N.V.
Tel: Shipping Dept. 28016. Passage Dept. 28017. Chinese Agents, Connaught Rond, C. No. 82, Tel. 25183.
Ship
.. "TISADANE"
due from. Japan, Shanghai'
& Anoy,
8th August
ms, "TJFTJALENGKA". N.E. Poris.
17th August
Salling for Singapore, Java ports & Macassar, 10th August
Amoy & Shanghai, 19th AuguNE
Agents K.P.M. LINE
(ORIENT JAVA AFRICA LINE).
Ship "STRAAT. SOENDA"
due from
In Port
Funding for
Mauritius, Laurenco Marques, Beira, Durban, East London, Fort Elizabeth, Mosselbay, Capetown, Buenos Aires, Monlevideo, Santos, Itlo de Janeiro, 30 July
Transhipment vargo on through Bill of Lading accepted tor Dar-Es-Salaam, Mombasa. Zansibar.
.. "HOISSEVAIN” In reconversionLoading for South Africa:
South America August
Sultable cargo tanks for Jiolk nil
Ship
(DELI-STRAITS-CHINA LINE)
"VAN HEUTSZ"
Amoy & Swatow 27th July
Agents
Singapore, Penang
& Belawan Dell, 29th July.
SİLVER LINE LTD.
due from
Sailing for
m... SILVERSANDAL" Persian Gulf ports U.S. Atlantic_ports
& Karachi.
end of July
BS, “HENDÓNHALL U.S. Atlantic ports
Agents
Ship
via Manila & Shanghai.
on or about 31st
August.
via Singapore, Penang
and Colombo, on or about 29th August.
U.S. Atlantic ports via Philippines, Straits and Colombo, on or about 11th Sept.
HOLLAND-EAST ASIA LINE
"SIMON STEVIN”
due from
Shanghai
25th July.
Loading for Manila/Singapore/
Colombo/Suez/Port Said/. Genna/Marseilles / Antwerp Rotterdam/ Amsterdam Hainburg /
Copeningen/Gothen-
Eustuble cargo lanks for bulk rdi | burg/Osto,
K. "ERASSIUS”
Europe
19th Aug.
B.S. "HUGO de VRIES'
Europe
late August
25th Zuly.
Manila /Singapore / Colombo/Suez/Port Said/ Genoa /Marseliles/ Antwerp/Rotterdam / Amsterdam/Itainburg / Copenhagen/Gothen-
burg/Oslo,
early Sept.
Manila/Singapore/ Colombo 'Suez/Port Said/ Genna/Marcilles/
Antwerp Rotterdam/ Amsterdam; Hamburg &
burg Oslo,
Suitable cargo tanks for bulk oll Copenhagen/Gothen-
end September.
Peninsular & Oriental S.N. Co.
SUP
SCYTHIA DAN-Y-BRYN"
STRATHNA VER" **TELWORLAS"
"PUNDUA"
"TRESILLIAN"
"TREWIDDEN?
ARRIVALS
FROM
UK. & Straits .Bombay
& Karacht
.U.K. & Strolls
....UK. Genoa
Bainhay, Colombo
& Strafts
.Karachi
& Hombay
.U.K., Genoa,
Bombay, Colombo
Straits,
U.K., Genra Hominy, Colombo & Straits. SAILINGS
DUE
London. July 23.
There was no indication in London today as to whether or when the British authorities, In- tended to follow the United. States Govern- ment's action which, from yesterday, brought about a suspension of New York dealings in foreign gold at prices above the official price. Bullion brokers here stated that they had received no official instruction' to stop such dealings in London and did not expect any. They argue that while there is a market here and if the business is not done here it will be done on 'the Continent of Europe. Offcial quarters vaguely bint-↑ more experience. After receiv ed that home action had been ing permission to re-start, Lon taken, but they significantly ro don apparently became a bigger fused to be quoted for any de-market than New York. ntal of the alegation by New similar interval might clapso be? York bullion deniers that the fore London . fulfilled New Bank of England, un'ike the York's cenuation of dea'ings, if United States authorities, had the latter proves to be per- failed to ask British dealers to manent.--Reuter. refrain from this business.
The situation is complex and delicate. A month
the
International Monetary Fund asked a member governments to tease any dealings in gold nt premium prices, and to use their influence to stop them everywhere. Thereupon, Mexi co, which had been the biggest supplier, emlmrgoed exporta to the free market, but entreport dealings in foreign gold con fined in both New York and London.
Applicants For British Papers
A
SHIPBUILDING SUBSIDY?
Washington, July-24. The National Federation of American Shipping has aug. prate 55 per cent govern ment subsidy on the cost of building ships, whether for 1(20 in foreign or domestic trade, to make up for the higher cost of building ships In the United States—A889- ciated Press.
London Stock Market
London, July 23.
H.K. Stock Exchange
Another bury, day with a honey tarke over in Docks, I'rovidents, Tenma, Ol} } China Liekis. Cements and Ropes In partlesiar. At the clone an Post demand we at unsatisfied notwithstan:t ing the closing rates had improved un those at the opening.
Clowing sales: 8.30 17.1.1
H.X. Govt. Emanus" 47% Long 108361 2% on 10th X, Int.
Danker JLK. & 8. Bank 2010b, 2087, 2030, (bon. Reg) X.D. £iin: Char- tered Tank 232-1/lon: Marenatis Hank A. & D. ££ns Bank of East Asia 108m. Insurance Canton In, 380 Unloa
|| Ina. Mhôh, 828+: China Underwritem b;
ILK. FIN Ins. Room.
Shipping Douglases '24âni X.H. & M. Ateamboat 10: Indo Chinas (Pref.) 110lb. (Def.) 319m: Bhell (Bourer) 101/on: Union Waterbosts (0lt) 425, 42a8, (New)
Decks, Wherren, findowns, etc: R.K. &
K. Whares 240, X.D. 222: 1.K. Deli
The downward movement was resumed in most sections of thu stock markets today but losses were not so widespread as pro-41b, 40/42: China Providenta 24% 1. 26% 28/2044/%ın; Shanghai Dockyarılı viously this weck.
13h 1200. Business was again
very thin
Mining: Raub Miura 78; H.K. Minea but losses were not so nevero, in i neta, a. Government, securities-
The or In industrial section.
Since the end of the war, 144 people of different nationalities havo applied for British naturalisation papers, the "China Mall" learned yesterday.
Thirty-eight applicants have, heen granted British papers, 24 have been refused while 82 are still under consideration.
Detalls of the 38 successful applicants follow: Stateless 18: Austrian 3: Last week, however, the US. Mexican 1; Polish 2; Latvian 1; Government "requested" Ame-Hungarian. 1; Spanish 1; Por prices one quarter to half a point
Kazda, Hotels & Bidgo.: 1. B. Flulele 24, 24, 2434/5mm H.K. Te K20. Oil started the day badly ex- (014) 816. 845, 8, (Now] favourites, which wore subjected her chinese a
Lande 21: pecially in some of the recent (ights) 2; Shanghai
I.K. Reallion 10 16: Estates 100K to farther selling there was a
pressure but
Pablle Utleien 1.1. Tramwaya 26iz, late rally, reducing 20 20:
Peak Trams (Did) ton, most losses. The commodity soc
(Now) 4 Aine Ferries - 1294, 180km i tions were idle throughout,
Yaumati Ferries din: China Lights (ON$1 There was a small local demand 186 1854, 17.85/18, (New) 15; 11.K. for South African gold and cop-lectrics 781, 71/78an: Macao Elected: per shares. Brazillan bonds were 225, Sandakan Light : Telephones occasionally, easier but generally 10143 405, 50/50/50, (New) 36b. Foreign rails, however, lost soms b; H.K. Ropes 146, 224, 2014/224. foreign bonds passed a quiet day. (x. His 304, 3054/24/2014. etia Russian 9;. ground.
With a diminution in supply, prices rose rather sharp'y. from below 340 to nominially about $45 an ounce, as against the official $35.
Flean banks and businessmen to
refrain from such dealings and
hinted
at stronger action if nect spury. Yesterday, this caus- ed the withdrawal of a'l offer ings in New York "for the time being" and a committee, repre- senting American refiners, went to Washington to seek a clear and concise statement of policy by United States Government
tuguese 2.
wero
The 24 who
refused naturalisation papers were:
Italian 1; Russian 7; Portu- gcse 4; German 4; Austrian 3; Stateless 4; and French 1.
GOLD QUIETER
interest in gold slackened yes. officials as to the present and terday and fluctuations fell to future status of private opera-narroy limits. Opening at $331 tions in foreign gold in the tacl the rale went up to $332 United States."
and then weakened to $328. It) improved to $329 at the "close.
Previous to this official ac- tion.
Bending American re- finery company had invited Ca- radian mining concerns to send It more ore, from which it of- fered to export the gold at higher than official prices.
P.I. Gold
Plaatres were also very quiet, opening at $11.25 a 100, drop ping to $11.10 and Improved to $11.20 at the close.
Chinese National
Currency opener at 11,00 cents for futures" and 14.05 cents for spot (for CN$1,900) and closed at 11.1 gents and 13.85 cents respectivo
U.S. dollars were steady at $4.85 Sterling and Australian
were unchanged
K.L.M. ROUTE
It has been Indicated that The Philippines authorities in. tend to continue to allow their wold output to be so'd for tha highest obtainable price on the free market. This Philippine pounds gold was being sold through $13.10 and $12.52 respectively.! London, and even if Washing- tou made representations Lon- don would argue that since the Philippines, which. are closely linked to the United States, are selllug gold freely, Loddon in stead of some other centre, is entitled to earn the few bad'y- needed dollars as commission.
Alternatively, the London au- thorities may be awaiting
United 22nd Augustclarification of the
States policy. It was not untk well after a market had develop- ed in New York that one was allowed to develop in London.
8th August Mid August
18th August 20th August
August
the
The K.L.M. (Royal Dutch Airg lines) will use "Constellation" planes for the service between Amsterdam and Batavia as from next month, it is announced.
The service will be increased to four flights weekly, each taking only 2
days.
The Dutch are building a hotel with 46 double-rooms in Karachi, will be made in future. where the only halt in this servic
A Cirical Meeting under the auspices of the Hong Kong Chin. The London brokers made re-est Medical Association will be presentations that they were held at the Tai Wo Hospital this gut not to be debarred from the evening at 8.00 p.m. All Members business which New York was and Friends are cordially invited doing and in which London had to attend.
September
BINP
"SCYTHIA"
"TREVAYLOR””•
TO
READY
„Stralts & V.K.
12th August
(Passengers Only)
"STRATHNAVER"
.Straits, Genoa 17th August
& U.K, Straits & U.K, 2nd September
22
(Passengers only)
8
* Accepts cargo for London. Antwerp & Rotterdam. Also Recepts cargo for Madras of through bills of lading.
British India S. N. Co., Ltd.
SHIP
"""DAVIKEN"
ARRIVALS
FROM
Eastern & Australian S. S. Co., Ltd.
SHIP
"EMPIRE `ATHELSTAN"
"NANKIN"
DUE
Madras & Singapore
Early August.
ARRIVALS.
FROM
DUF
itelbourne khác Sydney
Mid August
End August
Australia &
Now, Lekland
For full particulars apply to
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
HONGKONG-MACAO LINE
6.8. "WING KING?
TAK
DAILY SERVICE
Leave: II:K.
(1:30 PM.
A BRITISH CROSS WORD PUZZLE
9
10:
[H
867
122
123
Clues Across
3. Got near, 18: Stratum,
period,
8. Ten-year
9. Moderate,
Leave MacRO 3.00-A01
12: Formerly: 15. Or firat
Hongkong Barth — Tung Ons Whar£"*na
Connaught Road, Central,
Berth --- Ná: 201Vhart:
please appl
11 Made up.
Importance:
19, Bard,
22. Labby. 24. Pressman. -25-Brood.
20 Etable
kg
20
© Clues Down
Decrée,
21 Rascal.
D: Nával.
* rank. 4: Parr.
14 Excursion;
15) DayılroaM.
Industrialas Canlan frew 7: Cemerla
Hierro & Dairy Parma X7ak: Wnikon Some selling of home rails loftcore Lane, Crawlonia 635, 89Hans
, lower on the dayReuter,
WAR
MEMORIAL FUND Subscriptions received on 23rd. July, 1047.
Marars. C. T. Choy $ In memory of Mrs. G.A. Leiper: Mr. & MTR. H. O'dell ... .Haxel and Ralph.
Hardy
In
Mrs. 'Eva Pearce and Mr. T, A. Pearce The American Ex- National City Bank
press Co, Inc..
of New York
of Mrs. memory C. A. Leper: Mr. & Mrs. S. Mason Messrs. Shewan
Tomes & Co., Ltd. in memory of Mr. G.A. Leipuri Mr. & Mrs. P. S. Cassidy Mr. & Mrs. F. C.
Barry
H. K. Bank "Sun
Wah" friends Mr. A. H. Potis... Mr. & Mrs. E. C.
Frederick
Total. Hong Kong Govern
ment Contribution Recolved
22nd. July, 1047
Grand Total
ما
50.00
10.00
Binceres 9.20; China or pensa
Converted; un Co., Ltd. 64b; Kwentia Bank Hong 12hn: Wiew On (UK) X.D. 145m; Wo. Towell,'lad., in.
Miscellaneças: China
Entertainment
b: H.K. Constructions (0) 15% (New) : Vibro Piling Binz Marum „Investmanta 18/ần Maraman, (HK.) 1/81.
Collomi Ewor Týb, Täna.
N.Y. Stock
10.00 Exchange
4
Now York, July 23. 25.00 Initial indecision was succeedoi by #rally. led by chemicals, 2,000.00, textiles and rails in the morning
session on Wall Street today. 2,000.00
Buying
enthusiasm gathered with! afternoon momentum in
the
namely, steels
leading industriale, taking the
AMERICAN PRESIDENT LINES.
REFRIGERATION-SPECIAL CARGO OIL TANKS—–
CARGOCAIRE-SPECIE
SAILINGS
SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA & HONOLULU
88 "President Grant" (vlå Shanghal):
'88 "General" Melgi”
88. "President. Madison" (via Yokohama)
88 "General Gordon"
88 "Marine Adder"
July
Aug.
Aug.
Aug.
Sept.
*NOTE: Third Class Passage Fare Trom Hongkong to Paciflo · Count is US$175.00 Plus US$8,00 for persons who are not U.S. Citizens.
NEW YORK AND HÁVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY,
SUEZ AND MEDITERRANEAN PORTS
SA "Scott E. Land” .....
July 88 "Marine Snapper" (Calls Karachi)........................ July 88 "Marine Fller"
MANILA
88 "General Meigs"
88 "General Gordon"
Aug.
Aug.
Aug.
AMERICAN PRESIDENT LINES, LTD.
Ft. George's Bidg.
Tel. Nos. 28172 /28176
20
28
"
Pacific For East Line, Inc.
TRANS PACIFIC SAILINGS To San-Francisco & Los Angeles
-SPECIAL CARGO OIL TANKS-
Due Saite
July 20 July 26 Direct
20
1
15
5.8. "FLEETWOOD"
6.8. "PACIFIC DEAR", S.S. LIGHTNING" Aug. 2
5.S. "CHINA VICTORY"
20
Via Yokoljama
"
Aug.
2
Via OkinawaA
and Yokohama
14.
14
Vla Yokohama
Line
Americam Pioneer Li
Arrivals from New York, Boston, Other Atlantie Forts via Panama
5.8. "LOOKOUT" 5.8. “STAGHOUND"
Due Aug. 1at
Due Aug. 20th
Sallings to New York, Boston, Other Atlantic Ports via Panama Canal
-SPECIAL CARGO OIL TANKS --
25.00 and motors' again
leadership, with
2.3. "LOOKOUT" the average au- 5,000.00 vancing more than one point
Earllor gains in rails and other wall maintained divisions were 25.00 while domestic airlines were in- clined to ing as traffic is decll- 100.00, ing faster than normal at this
time of the year.
100,00 The approach of important
26.00 quarterly earnings statements
0,420.00
For Full Particulars Cali
Salix Aug. 9th.
UNITED STATES LINES CO.
General Agents
**
314, Queen's Building,
In
expected to direct attention 60.00 unusually Favourable earning.
ratio, selling price
Prices reacted slightly from the day's best lovels--although gains $,420.00 of fractions to one point were widespread with some special 1,942,021.88 issues showing advances to morg
than three paints.
.... $1,800,861,80
ter.
The market closed· Brm-Rou-
Wallace Comments
The Marshall
On Plan
New York, July 23,
Henry Wallace, writing in the current issue of the "New Republic,” said today that "the pro- clamation of the Marshall plan, so eagerly grasped by British Foreign Secretary Ernest Bevin and French Foreign Minister Georges Bidault, has encouraged some pessimists, whose major fear has been that Western Europe would run out of American dollars,
But the Inaplementation of the pavitable and will be easier to deal Marshall: plán: requires Congran- | with "when "10,000,000 men are sional action, and it is difficult to out of work, Russia. is really, less predict the galumo, ofraid, the interested' at the moment în dx- Republican-dominated, Congress porting Communlam than. Import-
• will give to social; democracies of Ing. American, made goods at un- Western Europe.
Inflated prices-Urilted Press...
"Those who predict that United States. inflation: on 'the' basla, of, tha Marshall; plasi, will, add to the purchasing power of Westora Europo may have to change, their "opinions very” suddenly,"
"“A relatively" mainil appropria tion of $2,000,000,000 for overs soan relief will not hold foreigo and domestic purchasing power at levels” necessary to maintain full employment. Really to do the jab in Wastern Europe will take ap- proximately $10,000,000,000, whẩe. an additional $25,000,000,000 $85,000,000,000 would be required to take care, of the Far. East, „Near East, Eastern - Europe-
and Russia"
“Real Smash”
Wallace added: “If tho... Ming? 210; Refrained khall plan is financed by the Con
from killing,gress on a 'hate, Rusala'," başla 17 Tyrant. v
20. Lootr ion. mbaya 21. Chic. 22; Tüne 10. Lurdes 23, Rolate.
Yesterday's Crossstordalens 14:43, vál
Across Uttering
Collares: 7 Later: Gr 10 Rall
18
„Sciencek. 20,
Downiel Blupe ¤ Stylej <M
Thomeille
without, adopting, propor; controls
før, our domestic economy we shall have a temporarY, ADOLLY
followed, by
the Congress gets tired of hap 'Birkdal Bollera; for, (umin
TO
IMPORTERS ANDRA EXPORTERS
touc
THE LIVE DIRECT
MANUFACTUR
REPRESENTATIVI
IN AUSTRA
Tel. 31251 (3 lines).
The SWEDISH EAST ASIATIC Co., Ltd.
OUTWARDS TO SHANGHAI
M.V. "NAGARA” M.V. "FORMOSA" ALV. "BENARES" M.V. "TONGIAK
discharging-H.K. 28th July
Ti
10tte August
middle Sept.
1.
middle Bept.
TH
HOMEWARDS TO EUROPE
M.V. "NAGARA” M.V. "FORMOSA"
.loading 'IEK. 8th August .loading. II.K. early September LOADING FOR
FORT SAID, GENOA, MARSEILLES, ANTWERP, - ROTTERDAM,
COPENHAGEN, OSLO, GOTHENBURG & GDYNIA Tanks avaliable suitable for the carriage of oil in balk
For further particulars apply to:-
GILMAN & CO., LTD.
Agents, Telephone 31146.
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE:
m.s. SOMERVILLE
m.8. "ROSEVILLE":
SAILING 7th AUGUST
... SAILING 6th SEPT, DA
· ARRIVALS FROM PACIFIC COAST T
m.6. ROSEVILLE
SAILING FOR SINGAPORE PASSENGER ACCOMMODATION.
Chinese Freight Agents.
HOO FOOK PING
THE BANK LINE (China) Lul.
DUE 2nd AUGUST 4th AUGUST BULK OIL TANKS.
Apply:---
THE BANK LINE
(CHINA) LTD, King's Building. Tel. 27782.
BEN LINE STEAMERS LTD.
SHIP
8.S. "BENNEVIS”
8.8. "BENVORLICH 8.6. "BENTINNKS"
8.8. "DENAIDY”
总榜:
13.5. BENBINNES"
ARRIVALS
FROM
INGS
LOADS FOR
DUB
abi. Bih Aug, 8th Aug. 23rd Atig. Ist Half-Sept
READY
100 AN
W. R. LOXLEY & CO.
CHINA)
LTD.
Enge