བས
THE CHINA MAIL, BATURDAY, AUGUST 9, 1947.
JAPAN TO EXPORT GOLD
JAVA CHINA JAPAN LIJN N.V. Means Of Stimulating Economy GOLD BAN
King's Bulldog, Connaught Road,
Tel: Shipping Dept. 28010. Passage Dept. 28017. Chinese Agents, Connaught Road, C. No. 82, Tel. 25133. Ahip m.x. "TJISADANE”
2. "THTJALENGKA"
B.S. "TJIBADAK"
Ship RUYS
due from. In port
Macassar
& Javaports
17th August
Japan, Shanghai
& Amoy,
Agents
21st August
Balling for
Singapore, Java ports & Macassar, 10th August
Amoy & Shangħal 19th August
K.P.M. LINE
Kingapore. Java ports & MacassaY, 24th August
(ORIENT JAVA AFRICA LINE).
due from
South America &
South Africa,
23rd August
Sailing for
Shanghai, 24th
August
Suitable cargo tanks for bulk oft
.
Loading for
Loading for
Manila, Singapore, Mauritius, Beira, Durban, East London, Port Elizabeth, Mosselbay, Capetown. Buenos Aires, Monte- video, Santos, Rio de Janeiro. 4th September
Transhipment cargo on through bill of lading accepted for Dar-Ex-Salaam, Mombasa & Zanzibar.
STRAAT MALAKKA" South America
& South Africa. 14th Sept.
Ship
South Africa & South America. 14th Sept.
(DELI-STRAITS-CHINA LINE)
due from
"VAN HEUTSZ” Belawan Dell, Penang
& Singapore, 23rd August
"BOISSKVAIN" In Talkan dock for
Ship
reconversion
Agents. SILVER
due from
m.. "SILVERSANDAL" Singapore,
14th August
sailing.for Singapore, Penang & Belawan Dell, 2nd September
Singapore,
middle of September,
LINE LTD.
Sailing for
US. Attantle porta
via Singapore, Penang-
and. Colombo. end of August.
ms. "HENDONIJALL' U.S. Atlantic ports U.S. Atlantic ports
via Manila &
Shanghal,
on or about 31st
August.
via Philippines, Straits and Colombo, carly September.
HOLLAND-EAST ASIA LINE
Agents
Ship
due from
1. "ERASMU8”
Europe
21st Aug.
1.9. “HUGO de VRIES'
Europe 21st August
Suitable cargo tanks for bulk oll
*.8. "BRKOKRO"
Europe
Loading for!
Manlia/Singapore /
Colombo/Sues/Port Sald/ Genon/Marseilles,
Antwerp/Rotterdam/
Amsterdam /lamburg/ Copenhagen/Gothen- burg/Oslo, 27th August,
Manila/Singapore/
Colombo Sues/Port Said/ Genoa/Marcilles/ Antwerp/Rotterdam/ Amsterdam/Hamburg/ Copenhagen/Gothen-
borg/Calo.
10th September.
Manila/Singapore
End September Colombo/Suez/Port Said/
Genoa /Marseilles/ Antwerp/Rotterdam/ Amsterdam/Hamburg / Copenhagen/Gotherburg/
Oslo.
iirst half October.
Peninsular & Oriental S.N. Co.
... SHIP
"TREWORLAS"
*SCYTHIA"
DAN-Y-DRYN"
'STRATHNAVER"
"TRESILLIAN"
**PUNDUA"
ARRIVALS
"EMPRESS OF SCOTLAND”
"TREWIDDEN"
FROM
.U.K. Genoa
DUE.
*
13 August
14th August 17th August
Bombay, Colombo
.U.K., Colombo &
Singapore
.Bombay
& Karachi
.U.K. & Straits
„U.K., Genoa,
Bombay, Colomba
& Straits.
Karachi
Bombay UK. &
Singapore
U.K., "Gence.
Bombay, Colombo
& Straits. SAILINGS
TO
„Straits, & U.K.
Singapore & UK.
SIP
"TREVAYLOR" *
"SCYTHIA"
(Passengers Only)
"EMPRESS OF SCOTLAND”
...Singapore
(Passengers only)
*TRESILLIAN"
BUIL Straits,
18th August 21st August
22nd August
3rd September
September
READY
10th August 20th August
5th September
Early September
Genos & U.K.
• Accepts cargo for London, Antwerp & Rotterdam. Also accepts cargo for Madras on through bijis of Inding.
British India S. N. Co., Ltd.
ARRIVALS
FROM
SHIP
"DAVIKEN"
Mladran is Singapore
DUE
Discharging
Eastern & Australian S. S. Co., Ltd.
ARRIVALS
SHIP
FROM
"EMPIRE, ATHELSTAN”
"NANKIN".
"NELLORE”
Madina &
Bydney
¡Australia &
Now Zealand
Melbourne,
Hydney A BETA
For full particulare apply to
DUE
August
Rnd Aukrat
Beptember.
MACKINNON, MACKENZIE & CO. Telephone Nos. 27721-4
In Exchange For Currency
Washington, Aug. 7.
N.Y. Stock HITS: Market
Now York, Aug. 7.
LONDON
London, Aug. 7.
AMERICAN PRESIDENT LINES
REFRIGERATION-SPECIAL CARGO OIL TANKS--
CARGOQAIRE-SPÈCIE ·
SAILINGS
SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA & HONOLULU
Authoritative circles said today that the Far East- ern Commission soon will announce its deck- sion to permit the export of Japanese gold as a means of stimulating that country's economy. The policy decision, which has been approved by the 11-nation Commission but not yet made public, provides that Japan's gold and silver stockpile estimated at approximately $200,- 000,000 shall be earmarked for reparations.
NEW YORK AND HAVANA VIA MANILA. Parts of it, however, may be, allowing 400 foreign business-pressed by the heavy new British seas,
SINGAPORE, COLOMBO, COCHIN, BOMBAY, shipped abroad and exchanged me to go to Japan and enta- tax.
They added that there is noth- contact with manufac- Transfors fatalied for "acceptable currency" which blish
SUEZ AND MEDITERRANEAN PORTS 600,000ing to prevent auch business wou'd be used to purchsso row turers and exportera there in shares.
being done by people in certain 88 "Marine FllerTM Chinorn
Included materials urgent
an effort to stimulate Japan wollon, Nickel Plate, Railroad,
American Continental and South Ameri needed by Japanese manufacturers,
can countries, ere trade."
Sunray Oil, Sinclair Oil.
Among laggards 20th, houses could not participate. Century Fox, Universal Pictures, love that the only effect of the Thus, they continued to be- l'aramount, Warner Brothers, Allied Chemical.
Bank of England's ban would Dow Jones Averages: Stocks be to doprive Britain of dollars 64.90; 20 Industrials 182.11; 15that she could otherwise have Ralls 49.13; 10 Utilities 58.70,
Closing quotations:
Assorted vlls, rafle, and indus- trinis moved upward in. the stock
Aug. market but dealings again word Leading London bul-08 "General Gordon"
98 "President Taft" (via Yokohama) ...mson Aug. among the slowest in months. lion brokers stated today as "Marine Adder" (via Manila)................ Aug. Gains of fractions to
point d
Sept. glosh, that, since the Bank of. 9.8. "Marine Swallow" more were plentiful at but losers were also numerous England's), recent ban, •NOTE: Third, Clays Paysage Fare from Hongkong to Faciflo Tho earnings outlook for favour- ites and belief that the sharks they have been doing no Coast is U85175.00 Plus U8$8.00 for persons who are not U.8. was in technical shape for further business in "free gold," itens. advance bolstered buying, Mollon Feither in London or over- picture stocks, however, were de
The squrees sold the accept- able currenty would include do'- fars and sterling. The do'lars and sterling received' for Ja- panese gold in this manner could be credited to the stock pile fund and thus keep the ac iun cash value of the amount available for reparations at the unme' figure as before.
The polley was described by Authoritative sources as being designed to Aupplement the United States present action in
H.K. Stock Exchange
"The short week's turnover has been lightly under serrage in volume. For
the time belog buyers have become nec unly selective, hut also disinclined t encourage. The proßt-takers. This cut. bitation n arrested the upward mine and think down in prices, particu- Jarly amongst the farmiteiten, was notices nk at the clone.
H.K. Gert. Loans, 3645 101 102.
41, 200h 101mm,
Banke. H.K. & B. Dank X D 20004 10, den, Rega X 11 £112.; Charter- el Druk £118%h; Mercantile 1. A. A 1 C22NH Thank of Pot Asia 19h.
Insurances. Calton Jas. Job AC:
Chine Valon Ins. H 775:
Under writer 6/6; H.K. Fire Ins. 2A 10:00
Shipping, Bouplanes 2866; HK. M. Stamembuata 106; fado Chlona (Pref) akin, (e) 9790: Shells teaver), 06/1014 ma U. Waterbuat (OW) 4:14. (Nise)
Docks, Wharves, Godowns, Etc. 1.K.
& K. Wharren G. Ria, 235n: ILX. Derks
416 41ka: Chla Provlient 25%b 2ba:
S'hal Duckyandı 16tęp.
|
A Reversal
The Commisalon's decision coincides with the United Stview desire to use Japanese gold to silmu'ate trade and hasten the day when the Japanese can re- pay the United States for food relief and other conta
i
works 10
were
Anaconda Copper
Aircraft 16%, Borden Co, 18%, Canadian
but
London 88 "Mount Mansfield"
88 "President Monroe"
carned an commission on this business. It was pointed out that transactions in free gold have always been in dollars
London throughout.
Крився were never allowed to do such business in sterling,
Adams Expremi 1614, Alauks Jurenti 4%. American Can 90% American Bmeitir American Telephone 185, However, the netion of the American Tobacca 15. American Water Commission in earmarking all Aviation Corporation $, Baldwin Loc
16% old for reparations runs coun- motive 17, Barnadail 28, Bendin Avik lep to the United States' earlier un 20%. Bethlehem Bleed 88%. Boules This followed allegations in hopes that this would be car-
New York yesterday that n marited for American occup, Calente 4. Commercial Solvent 24 house in Carneas, Venezue'n, Pacife 12%. .3. 1. Case 87%. Chrysler long established lovestment tion and relief costs instead of Corn Products 87. Dupont 1929. Faite general, reparations.
man Kodak 44. Elsetrie Light & Power whose shareholders include à Genreal Electrio. 31. General Motors leading New York bullion house 60, Gnidrich 87%. Goodyear 453⁄4, Greg- bound 9%.
and a leading London one, wan Humestake, Mining 444%. Interna inal Harvester 88%%, Interim.
etfil operating in gold and aper 4014, International Tél e' platinum; that 4,000 ounces of Peruvian gold was on Ita way Tel 11%. Johns Manville 41%. Kenneentt Corner 44%. Montgomery Wand $1, National Distiller 20%. National Leat
to London; and that a London house 121⁄4, New York Central 14%.
offering go'd at Mutors 6, Pan American Airwayi 16%, | $13.50 fo.b. London, as agains.... Pennsylvania RN 19%, Radio Corp, the official, price of $36-Reu- However, other Commission Republic Steel 20%. Reynolds Tobacen
ter. members argued that the go'd [$1%, Schenley 20%, Sears Roebuck 12%, 10%. would not provide real security Shell Oli 3, Borony Varpus
Bouthern Pacie 44. Standard Brand) | In that case because it would. andard Ut of "Calif. ROTS, Han remain in the control of the Allied Headquarters and could not be foreclosed in case of de fault on credit obligations.- United Press,
The United States had plan- ned to use the Japanese gold in a Homewhat different manner to stimulate trade. Some officials a were preparing a plan by which gold would remain in Japan but be næigned na accurity against raw materials from abroad.
|
Tackard
dard of of N. J. 70%, videbaker 20, Union Bex 13%, Unión Curblée 167, Un.
uber 40%. U.S. Steel 72%. U.& 1 SoN. Weelneboue 28%, Yagüimitsen Sheet & Tube da. Gin. Fub, Utlifties
146,-Annelated Press.
Credit Scheme To
Aid
Britain
Pretoria, Aug. 7.
Mining. Haub Mines to: HK. Mines South Africa's reaction to Mr. Attlee's plan
deten.
Lande, Hotels & Bldɛx. 11, & 8. Hutrie
X D 246 240 241 R.K. Landa (10) TOD 70%, IN) 76n; Whal Lands 20% h Humphreys Estates 991: HK., Nealtion, | 156 16×: Chinme Extal 1000.
Public Bullies. HLX. Tramowa 20100 201« 25 %/% 160mm: Peak Trama (Old Iin. (New) : ac Pertim 10km: Ystimati Vezzles Bu; C. Lights (0}{} 105 10% ■ 10% Zlism, (New) 14h 1485% $4.00: H.K. Eletrics 70% AU 70/80/705% #n: Macau Eloetries 23jab 280! Sandakan Lights 1ên: Telephones (Old) 4% 0%/%sa, (New) 84h 54/96«m.
for Britain's econo.nic recovery takes form of the suggestion that exports might continue from this country on a credit basis extending over a number of years. It seemed here that such a scheme would not contravene condi- tions of the American loan to Britain.
WAR
ALEXANDRIA BULLION
Alexandria, Aug. 7. Gold,
150' per "dirthem" plastres, Egyptian pound 100, Sovereign B11, Turkish Pound 950, Napolton 360, Dollar (piece de cino) 400, Silver (plastres) per Kilogram 840.-Reutor,
BOMBAY SILVER
& GOLD
Bombay, Aug. T
Silver, Ready, per 100 talas 170 Rupees, 00 Annas; New Settle. ment (Inefficial) 122, 00; For- Ward per 100 tolas 176, 00; Gold, delivered, per tolas 109, 04; For- ward" (June 20) 100, 00; Boy- ereign. Each unquoted-Reuter.
BUENOS AIRES EXCHANGES
Buenos Aires, Aug. 7. Buenos Aires On London buyers York France $30.00,
The argument runs thus South African Government to South Africa buys more from buy commodities-mostly food- Britain than from any other, stuffs and wines-direct from 1633, sellors 16.37: New country and because South the producers here, ship them 405.75, 400.00; Africa pays in gold which Bri- to Britain and reimburse itsof $41.00; Belgium 0.27, 0.30; Spain Industriale, Canton Tees 16n: Dementa tain can purchase dollars with, wi,a imports of British goods 28.02; Sweden 112.50; 115.25; (X. Rt.) 3242 324 3144/ Indirectly makes a considerable over a given period. As a be- Brazil 22.18; Switzerland 05.20- Rights 20 19/201⁄4: H.K. Rope contribution to Britain's dollar ginning South Africa is pre-
Heuter. resources. Consequently South pared to send Britain 36,000,000 Africa can beat ald Britain's re- cggs in the next 12 months.. covery by maintaining its im ports at the highest leve. But ment meanwhile has asked Lon-
The South African' Govern-} (H.K.) 160; Wm. Powell,, Ltd, Lid, n. to meet possible American ob- don how far the re-introduction
Sttacolineux. Ching Entertainment Jection under the loan agree $74b; I.K. Constructions (0) T, (Nment, a credit system is pro-
posed.
Stores &c.
Dairy Farms
ab 3
A/Blan: Watachs 664; Lane, Crawfords Göy: Binceres 111⁄4%a; Chien Emporium
Converted, 141⁄4n; Bon Co., “DIA, ENNI Trong Bang Hong 210: Wing 01
On Vibro Piting 834; Maraman Invest. ments 18/9n: Marsman. (BLK) 1/61.
Celtana Swos $b 10 10. The process would be for the
A BRITISH CROSS WORD PUZZLE
3
Clues Across
1 Ludicrous. 1. Water- diviner. 8. Pajo. 10. Manth, 12: Indian
Corri. 14. Scatters. 17. Bring on.
10. Water-girt
Brune
23
20. Credit. 22. Final word. 23. Came in. 27. Card gamu 29. Part of apur..
30. Lounge
untidily. 81. Strata 32. Moistens.
30
Clues Down
1. God of love,
2. Thawx, J. Oftenco -against Who law.
G.Brvelous
stone,
0. Conceal.
7. Governore.
· B. But free,
11. Juseboater.
Yesterday's Crossword 18. Agrdes.
16, Particular
· Acrypa :---8 ^Approach; 6 Peale 0 | mak
26
16. One of royal
birth.
18. Tuol.
20, Tub
21. Ground to be
made up. 24. Luke-
23. Dominion.' 20. Blogk. hands. 28. Having
-wrings.
Resolute; 11 Repalceda 18. Lisa Flor; 5, Rood; 6 Amuza;:7 Handkej
15 Proceded;14 Narrated;:10. D'Elpen; 10 Sewer: 13 Earth; 14 Show: 21 Berátalar. 85 Confused Scents 10. Daten: 17.Drond: 19
*
ZURICH FOREIGN EXCHANGE
Zurich, Aug. 7. Zurich On London 17.35, New 3.62, Brussels
Alres-104.00.
of partial direction of goods is York 4.30, Paris calculated to halt the flow of 987, Amsterdam 102,30, Lisbon
migrants to this country. For 1625, Buenca
Its own economic rehabilitation, Stockholm 119.02, Madrid 09.76.—
Reuter. South Africa had been count- ing on thousands of skilled workers from overseas, chiefly from Britain-Reuter,
London, Aug. 7. Industriale 143.0, Kaffir 95.4. Home Ralls 02.3, Commodity $82.7.-Reuter:
BEN LINE STEAMERS LTD.
SHIP
9.8. "BENRINNES”. 8.8. "BENARTY"
SHIP
8.8. “DENNEVISTM-
5.3. BENRINNES"
AKRIVALS
FROM
SAILINGS
LOADS FOR
London, Antwerp, Rotterdam.
For Further Particulars; Apply To-
DUE
23rd. Aug.
1st Half-Sept
58 "General Gordon" 88 "Marine Adder"
Aug.
16
Ang.
26
Sept.
17
MANILA
Aug.
Aug.
AMERICAN PRESIDENT LINES, LTD. St. George's Bldg.
Tel. Nos. 28172/28175
Pacific Far East Line, Jue
TRANS PACIFIC SAILINGS To San Francisco & Los Angeles -SPECIAL CARGO OIL TANKS-
· Dua
S.S. "SURPRISE” 6.8. "CHINA
VICTORY" 3.9. "CHINA BEAR”
S.9. “GREAT REPUBLIC“
Aug. 11
16
23
Sall
.Aug. 12
16 23 *
Ya Okinawa
Via Yokohama ·· ́-
Via Shanghai
& Yokohama
24
Vin Okinawa
Mmericam Promeer Line
Arrivals from New York, Boston, Other Atlantic Forts via Panama
B.B. "STAGROUND". B. "GOLDEN WEST”
I
Due Aug. 25th.
Due Sept. 5th
Sailings to New York, Boston, Other Atlantic Ports via Panama Canal
SPECIAL CARGO OIL TANKS—
".. "LOOKOUT".
83. STAGIOUND. Balls Aur. 10th
For Full Particulars Call
UNITED STATES LINES -CO,
General Agents
814, Queen's Building.
1
Tel. 81251 (3 lines)
The SWEDISH EAST ASIATIC Co.,Ltd.
M.V.
NAGARA
17.
Loading Hong Kong on or about 12th August.
for
FORT SAID, GENOA; MARSEILLES, ANTWERP, ROTTERDAM; COPENHAGEN, OSLO, GOTHENBURG
AND GDYNIA.
Tanks avaliable suitable, for the carriage of oll in bulk.
For further particulars apply
GILMAN & CO., LTD. Agents, Telephone 31148.
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE.
ma. "ROSEVILLE"
ma. "CASTLEVILLE”.
thuuunk
·SAILING 6th SEPTE
SAILING 7th OCT.
ARRIVALS FROM PACIFIC COAST
READY
m.& "CASTLEVILLE”
9th Aus. End Aur.
W. R. LOXLEY & CO. (CHINA) LTD.
York Building.
Agents
Telephone: 34105,
BARBER WILHELMSEN LINE
M/V. “LIDVARD" LOADING 12th AUGUST, 1947 for
NEW YORK via PANAMA calling at
San Francisco, Los Angeles, Panama, Boston,
*** New York, Philadelphia & Baltimore
For freight and further portionigra apply to →→→
DODWELL CO., LTD., Agents
20 Clap, 27 Bulldonly, 1) Enska: 20 Owned; 31 Buro; *a Hongkong ♬ Bhanghai Bank Bida.
Dawn! Byor; 2 Prop), 4 Foot; B3 Able; R4, Mapyje
'SAILING FOR SINGAPORE PASSENGER ACCOMMODATION.
Chinens Freight Agenté.
HOD FOOK PING
"THE BANK LINE (China) Ltd.
DUE 1st SEPT."
.3rd SEPT.
BULK OIL TANKS
Apply:-
THE BANK LINE (CHINA) LTD. King's Buliding. Tel 27702,
HONGKONG-MACAO LINE
HONGKONG MACAO DEPARTURE DEPARTUBE
8.8. KWONG TUNG: „Odd Day 12 Noon *:
B.K. KWONG SAI: Evon Day 12. Noon
Sailings on "Saturdaya
Even Day 11: ..
Oda Day 11 am.
2.90 pan: "Instead of 32.00 'Noon.
For Passage and Freight Particulars
Picaso apply fot
MOW SANG SHIPPING CO.
4. Connaught, Road, West,