! Page 10
***
JAVA-CHINA-JAPAN LIJN N.V.
King's Ballding, Connaught Road,
Tel: Shipping Dept. 28016. Pasango Dopt. 28017., Chinese Agents, Connaught Rond, C. No. 82, Tel. 26133. Ship
m.s. "TJISADANE"
due from.
Japan. Shanghai
& Anoy,
9th August
18. "TJITJALENGKA” · N.EL. Ports,
*.*. "PJIBADAK"
17th August
Japan. Shanghai
Salling for
Singapore, Java ports
*& Macassar.
10 August..
Amoy & Shanghai; 19th August
& Anioy, 25th August
Agents .K.P.M. LINE
Manila. 28th August
(ORIENT JAVA AFRICA LINE),
Ship "STRAAT SOENDA"
due from
In Port
Loading for Mauritius, Laurenco Marques, Beira, Durban, East London. Fort Elizabeth, Mosselbay. Capetown, Buenos Aires. Montevideo, Santos, Rio de Janeiro, 30th July
Transhipment cargo on through Bill of Lading accepted for Dar-E-Salaam, Mombasa, Zansibar.
18. "BOISSEVAIN” In reconversionLoadlug for South Africa
South America August
Sultable cargo tanks for buik oll
(DELI-STRAITS-CHINA LINE)
nx. “VAN HEUTSZ" Amny & Swatow
Ship
27th July
Agents.
SILVER-LINE
due from
Singapore, Penang
& Belawan Defl, 29th July.
LTD.
Sailing for
m. "SILVERSANDAL" Persian Gulf ports U,S. Atlantic ports
& Karachi,
enit of July
m.s. "HENDONIALL. US, Atlantic porty
via Manila &
Shanghal,
on or about 31st
August.
vla Singapore, Penang
and Colombarsu or about 29tigit.
----
US. Atlapirts via Philippied trails a Colombo, on or
about 11th Sept.
HOLLAND-EAST ASIA LINE
Agents
Ship
due from
"SIMON STEVIN"
Shangbai
27th July.
Loading for Manila/Singapore/
Colombo/Suez/Port Sald/ Genon/Marseilles/ Antwerp/Rotterdam / Amsterdam Hamburg/ Copenhagen /Gothen-
Saltable cargo tanks for bulk oli bur/Oslo,
L. "ERASMUS"
Europe
13th Aug.
#s. "HUGO de YRIES'
Europe
Late August
37th July,
Mania/Singapore/
Colombo/Suez/Port Sald/ Genoa/Marseilles/ Antwerp/Rotterdam / Amsterdam /lamburg/ Copenhagen/Gothen
burg (Oslo,
early Sept.
Mania/Singapore/
Colombo 'Suez/Port Said/ Genua /Marseilles/ Antwerp/Natterdam! Amsterdant/Hamburg/
Sultable cargo tanks for bulk of Copenhagen/Gothen
burg 'Oslo,
end September.
Peninsular & Oriental S.N. Co.
SHIP
"SCYTHIA"___
'DAN-Y-BRYN"
'STRATHNAVER"
"IREWORLAS”
"PUNDCA"
"TRESILLIAN"
**TREWIDDEN"
ARRIVALS
'FROM
UK Columbo-& singapore
Bombay
& Karachi
U.K. & Straits
V.I. Genoa
Bombay, Colombo
& Straits
..Karach!
& Bombay
U.K., Genon. Bombay, Columbo
&Biraita:
་
U.K., Genen. Bombay, Colombo
& Straits:: SAILINGS
DUE
8th August Uth AURO
18th August 20th August
22nd August
August
September
BHIP
"SCYTHIA"
TU
Straits & U.K.
READY
12th August
(Passengers Only)
"TREVAYLOR":
Straits, Genoa & U.K.
"STRATHNAVER"
Also
(Passengers only)
17th August Straits & U.K, 2nd September
.Accepts cargo for Lundon, Antwerp & Botterdam, accepts cargo for Madras on through bills of lading.
British India S. N. Co., Ltd.
SHIP "DAVIKEN"
ARRIVALS
Eastern & Australian S. S. Co., Ltd.
THE CHINA MAIL, SATURDAY, JULY 26, 1947.
BAN ON GOLD DEALINGS No Trading At Above Official Parity Britain Follows America
London, July 24,
The Bank of England has, from today, banned all London dealings in foreign gold át prices above the official parity. This follows a similar action by the United States authorities two days ago, which caused a withdrawal of gold offerings and the suspension of the free mar ket in New York.
It is just a month ago since the International Monetary Fund urged all member govern- ments to cease and discountenance such deal- ings,
At a dato to be announced later, these will supersede the existing after British-foreign exchange regula- lone relating to securities,
The opinion in
bullion the market was that the Bank of England had no option, Washington's order and after 'New York's comments сл the absence of similar London action.
New Procedure The Bank of England tonight Issued a complete new series of netiens, setting out the new pro-
cedure for ali transactions securities.
N.Y. Stock Exchange
ins
over 1,000,000 shares.
Bidding was attributed parts to inflationary paychology and broadening business optimism Gainers included Union Pacifi Chile Copper. International Silver; Colahy, Texas Company. Allied Chemical Santa
Cruellafu Steel Pillsbury milk.
Dow Jones Averages: Storks 66.86; 20 Industrials 180.85: 13 Rails 51.03: 10 Utilities 35.84.
Closing quotations)~~~
Fe,
Although the new notices are highly intricate, they make only a few changes in procedure. As
witching will be allowed foreshadowed
carlier today,
from Any foreign security to another in the same currency. There is no relaxation, however, in the exist ing
restrictions oh Canadian
securities.
The only other changes Are that the requisitioning of arcur ities will be formally ended- conued in practice some tinie ugo and there will be new arrange- ments for bearer sueurities, which will have to be "posted up in accordance with the new exchange control act.
.
ན
POUND RUMOURS Easing
DOUDENIED
London, July 25.
Treasury sources said today there was “no indication" that dovalutation of the pound toga in proepeer, although rumoUTS of such action were frequent and the economic condition put added pressure on the sterling-dollar exchange.
the
"Before variation in par valud of currency within the 10 per cent liniit in alloso- ed, all other members of the Bretton Woods agreement have to be informed and there is nothing to show this has been done or proposed," a npokenman
Press.
said,—ierocisted
Record
American Exports
Washington, July 25.
Canada's Shortage
*
London, July 24. The Financial Times claims Britain has ceas- ed drawing on Canada's $1,250,000,000 postwar credit in order to ease Canada's shortage of
United States dollars:
Discussing the reasona for Britain's heavy drawings on American dollar credit during July, the "Financial Times” suggests:
"It may have been overlook- ed, perhaps, that drawings on the Canadian' credit have ceas- ed. Is it unfair to assume that we have been giving some as-, sistance to the Canadians In the matter of United States dollars? The Canadians have said that their position was likely to be. cased."
The census bureny reported to- day that May axports to Asia, Australia, Oceania, Zealand, Now
British, withdrawals of Cano- Zealand, New Guinea and Africa dian credit to date total, an- net A new post-war high, proximately $800,000,000 (Ca totalling $100,800,000. And top-nadian currency), but Whitehall and Treasury officials refuse In- ping April by 26 per cent..
formation either on the total withdrawn or the dates of with. drawals, stating that neither the Canadian nor the British Governments wish to publicise the workings of the Canadien April. credit
agreement. United cent Press.
crease with a
China rogistered the largest in- value of $41,400,000 compared with the April total of $20,200,000.
AMERICAN PRESIDENT LINES.
REFRIGERATION SPECIAL CARGO OIL TANKS
CARGOCAIRE-SPECIES.
SAILINGS
SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA &
88 "General Melga"
HONOLULU
#
BB "President Madison" (via Yokohama) SS "General Gordon"
ap
Aur.
..... Aug. Aug. Sept.
21*
*NOTE: Third Class Passage Fare from Hongkong to Pacifie Coast is US$175.00 Plus US$8.00' for persons who are not U.S." Citizens,
• NEW YORK AND HAVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY,
› SUEZ AND MEDITERRANEAN PORTS SR "Scott E. Land"
July 88 "Marine Snapper" (Calls Karachi............... July 68 "Marino, Filct"'
28
Aug.
MANILA
88 "General Belgs" 85 "General Gordon"
Aug.
Aug.
AMERICAN PRESIDENT LINES, LTD.
81. George's Bldg.
Tel. Nos. 28172/28175
15
Pacific Far East Line, hue.
the
TRANS PACIFIC SAILINGS, To San Francisco & Los Angeles
-SPECIAL CARGO OIL TANKS—
Saila
B.B. "FLEETWOOD" 8.8. "PACIFIC BEAR” S.B. "LIGUTNING"
8.8. "CHINA VICTORY"
20 July 26 · Direct; 26
· Dud
July
J
Aug.
2
Aug. 2
14
14
26 Via Yokohama
Yla Okiriawan
and
Yokoliania
Vlu Yokohama
Line
P.I.Apathetic Americam Pioneer La
New York, July 26. A large batch of cheering dividends and earnings touchet
list of authorised and tem or relatively heavy short cover- ing and investment demand in the depositories is very wide,
including kl stock-brokers and This rise in shipments to the stock market. Industrial average, solleitors, so that bearer secur-listed areas contributed material renched the top since Inst August, ities will be able to pass about ly to the lifting of total United dealings were fastest in two weeks the markets in the normal way. States exports in May to a record and gains ranged from One to
Trading Date
high of $1,422,000,000. three, Transfers around It is understood that the Bank Exports to Asia at $189,400,000
of England later today will notify were 21 per cent above the future
only date after which although
two per Brilons will again be allowed to higher than March. trade among themselves, in Unit All principal Asiatic countries ed States, Swedish, Dutch and certain other continental secu
showed definite gains. ities and switch from one United States or continental security to unsther (but the switch must al- thus not from ways be in the same
currency, U.S. dollars to Canadian dollar security). After the resumption of
such Adanis Express 17, Aluska dealings which lince been Juneau 61⁄4, American Can 94.) hibited since the outbreak of war, Mrength of higher shipnidnts of bualnożamen toward American Smelting 63, Amerl the London prices of U.S. secur- Telephone 157, Americanities are likely to cantuand high Tobacco 77, American Water premiums over Wall Street prices. works 17, Anaconda
Street-Reuter. Locomotive 20%,
Barnsdall 304. Bendix Aviation 34, Boeing Air- cruft 16%, Borden Ca. 14 Canadian Pacific 134, J. I. Care 30%, Chrysler 01, Colgate 40%, Solvents
24 Cara
enn
Shipments from Australia and Oceania declined as they did from most countries,
To Japan Trade
Manila, July 25. There is a decided lack of in-
on the part of iocu
resumption
But imports from Asia increas pre-ed from $80.200,000 in April to
$101,700,000 In May OTI the terest crude
Malays,
alea rose. Associated Press.
rabber from British
38, Aviation Corp. 5, por This may be bullish for Wall China shipments to this country
commercial
New Phase In The
Gold
Picture
New York, July 24.
04%, Dupont 102, East- man Kodak 48, Electric Light & Power 17%. General Electric 385 General Motors 81%, Gazd rich 57, Goodyear
47%
Grey- hound 10. Homestake Mininz 45%, International Harvester 62. International Paper 49, Inter national Tel & Tel 13, Johns Manville 44%, Knecott Copper 47%, Montgomery Ward 04, National Distillers 22%, National Lend 31%, New York Central 16%, Packard Motors, Pan American Airways 11, Pennsyl
A leading domestic refiner the United States Government'a vania RR 21, Rudis Corp. 9, told Reuters that discussions recent "request" for all Amori Republic Steel 28, Reynolds were held in Washington yoster- can intereste concerned to re Tobacco 41 Schenley 31 day with United. States Govern frain from participating in such Sears Roebuck
Facifle 47, Standard Brands Standard Oil of Caf. Standard Oil of N. J. 80, Stude baker 284 Union Box 33, Union Carbide 100%, US, Rebbur 40% US Steel 76%, U.S. Lines 24% Westinghouse 30, Youngs Lown Sheet & Tube 69, Gen. Pab. Utilities 14 Associated Press..
Now that the United States, Britain, Mexico and the Philippines have contributed to the stop-
page of private sales of foreign gold at prices above the monetary parlties, a new phase is entering the picture which may “upset the ap- plecart.".
of trade with Japan under the Inter-Aliled Trade, Board' plan; according to the Bulletin today,
The ༈་ཞ newspaper "attributed" "this" apathy to the antipathy towards
the
FillPancsd which exists among
The Malacanan said that even though the Philippines has been allotted six businessmen, not n been ro: single application has colved by the government. How aver, the government will' send the that one man and hoped other Ave will come from private businessUnited Press.
H.K. Stock Exchange
The week's trading opened, on moderne quiries were inclined to be confined t Enes and gained momentum. Buyers cil the chief favourites, though practically all stocks received mitention during th
33, Sorony Vacuu, Shell Oment officials in connection with sales, there is reallyTM- nothing i week. Profit-taking was indulged in to 17. 4 | private sales of foreign go'd at now, except that banks under wards the close and with a few exceptions.
prices abové the
this has temporarily arrested the upward monetary pressure from, the Federal Retrend. Comparison of Monday's prices States Government spokesman tinue to refrain from parities and that, the United servo System will probably con. with that the close of today show a concluded that the Government,
partiel-all-round advance.
– HK, : GWYLA Lœanus 47% Lown 10NI under the existing legislation.
Low 101b, could not legally prohibit any
Bankes 11.K. & 8. Bank 200ħb, 2006/14 such sales.
This means that, aside from
A BRITISH CROSS WORD PUZZLE
10
F
12
13
FROM
Madras & Singapore
DUE
Early August
16
117. 1盒
19
20
DUE
Kid August
End August
ARRIVALS
SHIP
FROM
'EMPIRE ATHELSTAN" "NANKIN"
Melbourne &
Sydney
Austraila" &
New Zealand
For full particulars apply to
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4,244
HONGKONG-MACAO LINE
8.8. "WING HING"/
DAILY SERVICE
Leave H.K.
1.30 PM --
Houskang Berih Tung On Whart
Leave Macha
3.00 A01
* Connaught Nord, Central
•Macno. Berth — Xo
Clues Across
1. Consistent: 205 Rovised.
4. Portion $1, StoraKO- 47. Matal,
8. Tander. 10. Deal with.
12. Liven,
16 Dodge
10 OWL
17 Counsel,
10. Hotitate
chamber. 29. Leas 24. Permeable, 25. Open
country. 20 Took on tenancy.
2F Clues Downs 1.Soft Job. Ulifmate. 2. Adventure, 12 Helpind
Private
Fight 14 Batided
B. Disgraceful, 18 Dominion, GOrielplate 423. Kohimais 39, Finisheilb
cipating in such business..
This situation implica that we will probably again have to start from scratch," a bullion dealer, såld.
^
tab. Reg.) X.D. £118%n: Chartered Bank: #18-1/ión; Mercantile Bank A. & B. Bank of East, Anis MED. “Affkourahéoul Canton Tx 400 Unfor Export Licences In 1946 China Underwriters 2% b; HLX, Export licences for shipment Tha: Boban of foreign gold from the Unit-Beambox 13n: Indo China (Peef.1 Shippleui? Douglasen Rớn; "H.K. a M. ed States above partities are de 10in. (Def.) Anitely
(Bearer)
$796: Shells'
being released by Union Waterboats (Old) ' 426) Washington during the past (New) 413, 2
few days-ono license, in park. Where' (X.D.) 1804; I.K. Docks Deak, Whares. Godawna, stc.: U.K. & ticular, was Issued as late a 4140, 42/3%/%**: ** Chine yesterday-Reuters Joarn,
Pro!
vidents. 2014b. $5/044/85 mm; Shangha There is one temporary hitchyards 152, remaining to be solved-name- deta. Late
***Minfag: "Raub Miran 781 H.K. Mined
ty, who will buy gold now that Lands, Betale à Nides.: II. à B. Hotels the distribution facilition of 1.0) 2015/12; H.K. London bullion brokers are ren-in (Rights) 1961 Shanghai Lands 1%bj Lands", {Old} #121, 11/4/840, (New) tricted?N
amphrey Talates 251602 11.K. Realles The silver market appears 18b16/16: Chinewatates 190. plentifully supplied to meet Pains. Tramways 161⁄4b, normal consumer demanda In New 1140) Htar Parries 18051 Yaurell
· ## %% », ^=X®}}} @wɔ - Peak: Trama" (Old) 10%, view of the continued foreign Ferries China" Lights (014), 10. indifference, more relaxed and today puro Electrice 22b1. Sandakan Lights consumers are 182/19%./bia, (Now] 18h 18:
H.K. Electries 746.74141, 78/78/746% { } chased only 175,000 ounces on 121 T-lephones (D14) 39:30/5034/4955 the-basis of 63 canta, Router) 8%, 6% 20/16¥41024***
NOTICE, TO CONSIGNEES
P. 40.
BILLS
Messrs.: Goddar will attend at 10. days add Thursdą free storage perio damaged, carro are reques(en) représentativen
present
ADING
Industrials: Canton Joes 7% Cements May 316;;207%/3%a6; '(Righin) 19b} 1.K. Ropes 23%** 21%/%m
• Blast Rei Dahy Farmur 94%. 87/2014 #6) Watson# 6815b, 81369,- 6945unj. Lano,- ChIT KON KI JE ZA6/08 Sun 2 [d(houred 9.sher† (Phlia Espiórkim 7 14 și d Coavisted; Bun Ca, Lid, Kwong Hang Flong. Der When (HK) XD
› Miscellaneous'?', China" HAMBEREK" Cunstrpellatur, "{{}£}^{T}£#; [F(@W); kn°3"Vibro, Piling #5511) Martnan In'rnatmantu 18/9a; Matsman""((UK) 1/60 *{Dedmans "EvOSTAL STRA
SHAW SAVILLE
Arrivals from New York, Boston, Other Atlantic Forts via Panama
a. "LOOKOUT"
8.5. “STAGĶOUND"
J
........
Due Aug. 1st
Due Aug. 20th-
Sallings to New York, Boston, Other Atlantic Ports via Panama Canal SPECIAL CARGO OIL TANKS-
8.5. "LOOKOUT"
For Full, Particulars Call
Salls Aur. Oth,
UNITED STATES LINES CO.
General Agents
314, Queen's Building.
Tel. 31261 (8 lines)
The SWEDISH EAST ASIATIC Co., Ltd.
·OUTWARDS TO SHANGHAI
.discharging : H.K. 28th July
M.V. "NAGARA" M.V. "FORMOSA” M.V. "DENARES" M.V. "TONGHAI”
10th August middie Sept: middle Sept.
HOMEWARDS TO EUROPE
M.V. "NAGÁBA” M.Y. "FORMOSA"
......................................loading H.K. 8th August
p............................Ioading H.K. early September
LOADING FOR
PORT SAID, GENOA, MARSEILLES, ANTWERP, ROTTERDAM,
COPENHAGEN, OSLO, GOTHENBURG & GDYNIA Tanks available suitable for the carriage of oil in bulk.
For further particulars apply to:-
GILMAN & CO., LTD.
2. Agents, Telephone, 31110,
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE, m.6. SOMERVILLE
SAILING 711 AUGUST, 'm... ""ROSEVILLE”
·SAILING 6th SEPT. ARRIVALS FROM PACIFIC COAST G m.a. ROSEVILLE Lawa
DUE 2nd AUGUST SAILING FOR SINGAPORE 4th AUGUST PASSENGER ACCOMMODATION. BULK OIL TANKS:
Chinese Freight Agents.
HOO FOOK PING THE BANK LINE (China) Ltd:
B.S. 2
Apply: THE BANK LINE
(CHINA) LTD. King's Building. Tel 27702
BEN LINE STEAMERS LTD.
SHIP
8.8. "DENAD
BHIP
6.5. BENBINNE
ABRIVALST
"DUEL
Bth Aug 8th 'Aur.
Hair Hept.
For Freight "&"Faissie:
TA
LTD.