Rago 10 1.
THE CHINA MAIL, SATURDAY, FEBRUARY 28, 1948.
ROYAL INTEROCEAN LINES
mmam incorporated in the Netherlands as KONINKLIJKE JAWA-CHINA-PAKETUKLART LIJNEN NEVZ AMSTERDAM)
JAVA-CHINA-JAPAN SERVICE
STRAAT SOENDA" Due from
In port
"TIISADANE"
In Port
"Macassar & Java
"TJIBADAK"
ports, 4th March, Sailing for Amoy, 4th March
Due from In port
Sailing for
Manila Macassar, Sourabaya, Semarang & Batavia, 1st Mar,
Batavia, Semarang, Saurabaya &
Macassar,
10th March.
Batavia, Semarang, Sourabaya & Macassar,
on or about 26th March.
ASIA-AFRICA-SOUTH AMERICA SERVICE
"RUYS"
Loading for
Manita, Singapore. Batavia, Mauritius, Lourenco
Marques, Beira,
Durban, East London, Port Elizabeth,
Mosselbay, Capetown,
Buenos Aires, Monte- video, Santos, Bio de Janeiro.
on or about
22nd March.
on through bill of lading accepted for
Transhipment cargo Dar-En-Salaam, Mombasa & Zanzibar.
"BOISSEVAIN)
South America
South Africa early Apeli
South Africa South America end April
SUMATRA-MALAYA-CHINA SERVICE
PURINRICH JESSEN"
"VAN HEUTSZÁ
Agents
"MEERKEKK"
"GAASTERKERK"
Due from Belawan, Deli,
Penang
Slugapore 2nd March Balling for
Swatow & Amoy
Belawan, Dell,'
Penang
Singapore
16th March
Salling for
Swatow & Amoy.
Sailing for
Singapore-Penang Relawan Dell 12th March.
Singapore, Penang, Belawan, Dell, 26th March
HOLLAND-EAST ASIA LINE
EUROPE SERVICE
Due from
Japan &
Shanghai,
5th March.
Europe.
on or about
5th March
Europe;
"ALPHIACCA"
on or about 2nd April.
Loading for
Manila/Singapore
Colombo/Suez/
Port Sald/
Alexandria /
Genoa/Marseliles/ Antwerp/Rotterdam / Amsterdam /Hamburg/ Copenhagen Gothenburg/Oslo
5TH & 6TH MARCHI
Manila/Singapore/ Colombo/Sues/ Port, Sald/ Alexandria
Genoa /Marseilles/ Antwerp/Rotterdam/ Amsterdam/Hamburg/ Copenhagen /
Gothenburg /Oslo
on or about 6th April.
Manila, Singapore, Columbo, Suez,
Port Said, Alexandria Genoa, Marseilles, Autwerp, Rotterdam, Amsterdam, Hamburg, Copenhagen, Gothenburg, Oslo early_May.
Agents: SILVER LINE LTD.
"HENDONHALL”
ATLANTIC COAST SERVICE
Due from
Sailing for U.S. Atlantic ports, U.8. Atlantic Coast on or about 9th March. Ports via
Singapore and Sues,
KING'S BUILDING, CONNAUGHT ROAD. TEL: SHIPPING DEPT. 28016 PASSAGE DEPT. 28017.
Chinese Agents, No. 82 Connaught Road, C.
TEL. 25133.
DE LA RAMA LINES
EXPRESS CANGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
U.S.A, LOADING DATES
Londa
Pacific Coast
Atlantic Court)
via
Tos Angeles
From
Atlantic Coast
via
Los Angeles
For
Atlantic Coast
Los Angeles
San Francisco)
& Los Angelca)
Date
Vessel
Late Feb.
M.V. “HEMLAND”
Late March
m.v. "BALI"
ARRIVALS
Dato
In Port
7th March 20th March
SAILINGS
"Date
1st March
Vessel
11.7. "DONA NATI” m.. "TONGILA?”
Div. "DONA ANICETA"
Vessel
m.y. "DONA: NATT"
25th March · m.v. “DONA ANICETA” 2nd April m.v: "TAMARA”
Early April m.v. "BATAAN”
BOOKING AGENTS for P.A.L.
THE DE LA RAMA STEAMSHIP CO., INC.
{Incorporated in the Philippines)
-MARINA-HOUSE-
Tels. 28676-22876
FINANCE AND
COMMERCE
CHINA CURRENCY REFORM Chinese Economist Proposing Three Plans
To Be Started In
South China
Nanking, Feb. 27.
Huang Yen-pel, eminent Chinese economist and influential member of the National Economic Council, told the United Press today that he has three alternative plans for reforming the Chinese currency:
H.K. Stock Exchange
ILK, GOVT. LOANS
for the work han tutaliml
Bunkeren sund uroportions, Plates, however, have been Irregular so much having panned on Cine terre moderately strmity.
42 Enen 10279 0.
3 +10%) 10%.
31645 (1944) 199%.
DANKK
31.K. H. tank X., 2000), zapón,
2018.
* Reg.) £11714. Chartered Hank 219 18/10n,
Mercantile Jik, A. a 1. £20%. Bank of East Aula 1976,
INBURANCES
Canton Ina, 4585, 435um.
Unston Inn, TEID, 1954,
Chins Baderwriters 7, 8, 74/% mm.
1.K. Fire Inv. 1260.
Tham 2.
BHIPPING
H.K. & M. Gleambat lön. 1do China (Pret} 1ton, Indo Chinas (Def.) 300n.
Shefin (Denver) 70/10% 0. IJ. Waterboats #0003_02.
Huang said all the thre pluas provide for the issue of n new currency which will cir- culale side by side with the present national currency.
The first plan is designed to bring down prices to the 1937 level, the second down to the 1838 level and the third down to the 1939 level.
Black Market N.Y. Stock
Arrests
wero
Market
While
Hew York, Feb '17.
Thore Blocks generally reirested in day's market although there were at Leped exceptlung.
moder plus algh remained at the close, declines id fractions i to in-
polni wrze whiropread. Transfers were 624,000 shares.
Shanghai, Feb. 26. Fifty suspected exchange black - marketeers rounded up yesterday the police in the latest ef- fort to check illegal trans- actions in greenbacka and gold. They are sald clude responsible personnel of 40 banks, native banks and exchange shops. These men are alleged to have used clandestinie radion to deal in tiong Kong dollars. -Renter.
Money Market
Breuiative and investment sentiment wen chilled by the Czechoslovakian coup and the crition Palotine situation
Dow Jones Averages-Stocks 00,be, 20 industrial 107,60, 15 Rella 49.75, 10 Utfiti 1.9.
Claming quelationin:—Adianta
Express
15%. Alaska Juneau & American Ca
*PRESIDENT
LINER
Sailings
REFRIGERATION SPECIAL CARGO OIL TANKS--
CARGOCAIRE-SPECIE
TO SAN FRANCISCO
8.8. "General Gordon” (vla Manilla & Honolulu)
Mar. €
April
...... April 24
88 "President Cleveland" (vla Manila & Honolulu) 88 "General Melzs" (vla Manila).
58 "General Gordon" (via Manlia & Honolulu)
TO SAN FRANCISCO AND LOS ANGELES 8.8. "President Pierco" (vla Kobe & Yokohama} 8.8. "President McKinley" (via Kobe & Yokohama) 8.8. "President Jefferson" (via Kobe & Yokohama) ̧. "President Madison (vla Kobe & Yokohama)
Mur. Mar, 23
9
... Apr.
4
...... Apr.
7
TO NEW YORK BOSTON AND HAVANA VIA ·
MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS
88 "Furman Victory" 98 "Marine Leopard"
Mar. 10 Mar. 12
Tolce 5.8. "President Buchanan" (Ex "Skidmore Victory") Mar. 19
7%, 8.8. President Fillmore" (Ex "Rutland Victory")
7%. American melting 48H, Amerk
An Triephone 150, American
American 6276.
Waterworks Gold steadied yesterday, after || Angermilk Copper 81%, Aviation Corp. Thursday's abarp downward 415. Italdwin Locomotive 1915. Harnada!) plunge.
2. Bendix Aviation 24%. Bethlehem Steel 814, Bowing Aircraft 28%. Dor
The firal plan was submitted to the Governfent long ago and has been approved by General-net and elesed at $353.50 afleren G. 1. Card Pacino 10%.
The market opened at $367,75
issimo Chlang Kal-shek, The
1. Cam 404. Chrysler 54%. Com- at day of hectic ups and downs, In meestal Bolvents 21%, Corn Produmla other two, which were develop the course of which rates flue-
6444. Dap 180, Easiman Kodak ed as a result of his observa-tuated between $3.54 and $3.03. 1. Electrie Laht
Power 14. tions on South China, will be Plostres, after opening at $11.- General ectele 14. Ceartal Mistura drafted shortly and presented so a 100,
$11.721. Gostrich 57%, Goodyear 41*4. Home dropped to
to the Government of the newly but improved slightly to $11.75 at stake Mining 11%. International Har vester H. International Paper 48, Jn. elected Legislative Yuan, of the close. which he is a member-elect.
Chinese National Currency ville 58. Kennweett Copper
ternational Tel & Tel 12, Johne Man.
434
He declined to outline details opened at 17.cents for futures Montgomery, Wed 4%, National D of the Brat plan, saying it is Land 18 cents for spot (for CN-llers 18% National Lead 31%, New mest complicated..
$10,000) and closed at 18 cents York Central K, Pachant Motors 4.!
Pan American Airways 8%. Pennglvania The second and third plans and 10 cents respectively. RR 10, Rite Corp. 8, Republie Riesi 24. Reynolds Tobicep 18%. Behetley were explained as follows:
204, Hours Roebuck 13%, Shell Oil 3035. Southern Pacie Bocony Vacuum 15%,
2. A new
hord
44, Standard Brande 23, Standard Oll
U. 5. dollars dropped another
$5.50. currency, 15 points to close based on the silver standard. Sterling Improved to $12.05 will be issued to circulate side and Australian pounds to $12.53. of Calif. 87%, Standard Ost of N., J. Ticals appreciated to $25.70 10%, Studebaker 15%, Union Dax 20%. by side with the present money. DOCKS, WHARVES, GODOWNS, ETC. The rate between the two cur. 100, and NEI Guilders to $31.20 Union Carbide 07%, UB Rubber 184. US Steel 69%, US Line 18%, Westlogs 100.
houm 25, Youngstown Sheet Tube 57%. Gen. Pub. Ultikles 1176/-Anusalmi-
21. Watechinta ¡New) 495.
H.K. & R. Wharves (Old) 185#.
(New) (P. 1a) jonb. (New), [P, MM) 1125. H.K. eks 346, 18, 55/4/4 % «x« China Provident 25%b, 26. Bhai Dockyarda 26.
MINING
Raub Mine 66.
11.K, Mines „nab, .048.
LANDS, HOTELS & BLDĢ8. H. & 8. Hotela X.D). 204L, EL, Zhai ILK. Lands [k] Z», 91. HR. Zani New) 88, 891 Bhai Lands 6%, 0%. Humphreys Fatales X.D. 281, 2864,
1.1. Renitiva Inn.
Chinese Estates 19Gn.
PUBLIC UTILITIES H.K. Tramways 24b, 24ņu, 241⁄4ám,
Peak Trams (Qld) 21b.
Peak Trams (New) On.
Star Ferri 130h, 140, 140ta,
Youmati Perelem 491⁄4gh, 4».
C. Lights (Old) "24.10%, 244, 241/9/
.30**.
C. Blahu (New) 191⁄41⁄2k, 20.
H.K. Eleestten (Oh) 56, 55140, 64/34
$0.
H.K. Electrics (New) 54, 55, 54/5415
佳偶。
Macan Electrics 21a,
Bandakan-Lights-10n.
Teleplusnes (Oh) 5, 49%/011/** Telephones (New) 40%, 50on.
Shanghai G 61.
INDUSTRIALS
Cald. Maer. (Ont.) zih. Canton ren Tit.
Cement (02) 43b, 40/4131⁄2 4. Cyment (New) 38, 38% H H.K. Rupes 22%, 22%
STORES . Dairy Farm (X. Rts,) 651⁄2h, 67a, Güm. Dairy Farma Itizhis a,, 42xm, Wata (X. Hij 412b. 541,
64yjna: (Righta) 2015, 2016/30am. Lane Crawfurds G4b,' GAYGRO Bittertes 2:40MH,
Chinn Emporium 18n.
Sun Co Ltd. #m
Kwon Sang Hang (X.D.) 200..
Wing De LK) 14.
Wm. Powell, 144. 11.
MISCELLANEOUS
China Entertainments 37.
J.K. Constructions (0) 70; (N) 4 Vihr Piling 10.
Maraman Investments 18/7. DIEPDMR (ii) 140.
Ewen 172.
COTTONS
RECORD GOLD HOLDINGS
rencien will be allowed to fluc-a tunte with a price index.
3. New, currency having the same foreign exchange rate an the Hong Kong dollar will be iЯaved.
It will also circulate side by side with the present -National currency. It la based on the gold standard with sil- ver coins as auxiliary.
Huang said that because of the new US$570,000,000 United States afd plan, he estimated that 2 US$300,000,000 loun would be sufficient to support the new currency.
He said the: would be firat new currency issued in South China, gradual- ly extending throughout China. --United Presk.
London
Stock Market
London, Feb. 26.
The Loniton stock markets. were again in one of their indeterminare moods, in which prices were mostly
Notice To Consignees
M/V "SHANSI"
Damaged cargo ex the above vessel will be surveyed by Mesare, Goddard & Douglas at Holt's Wharf Godown from 10 .m. on 1st and 2nd March, 1948, and consignees represen- tatives are requested to be pre- sent during the survey,
BUTTERFIELD & SWIRE, Aganta..
Notice To Consignees S.S. "MEMNON"
d
Notice To Consignees
8.8. "LOKSANG" From Straite & Calcuttin Arrived 25th Feb. 1948.
Damaged cargo ex the above vessel will be surveyed in the premises of the Hong Kong & Kowloon Wharf & Godown Co. Ltd. between the hours of 10. a.m. and 6 p.m. on Monday lat are March 1948. Consignees advised to have their Repre- tho sentatives present during Survey.
Consignees are warned that claims for damage or shortage Damaged enrgo ex the above may not be accepted if the vessel will be surveyed at Holt's damage is not surveyed by -Wharf-between-the-houra-of-Meaars, Goddard-&-Douglas-in 10 n.m. to 12 noon on 1st & 2nd the presence of Consignees' March, 1948, and consignees Representatives at this appoint representatives are requested
ed time. to be present during the survey, BUTTERFIELD & SWIRE,
Agents.
| quoted higher, despite a further pronounced lack of interest politieni Hongkong, 27th Feb., 1948.
Alibaugh the foreign
situation is still contributing towards the lack of enterprise, it has not been auch lig adverse factor, and des pite the initial firmness of the mar kets, there has been no grest increase in trade.
The announcement hy Imperial Tobacen, showing an "exceptional"
Notice To Consignees
M.V. "VINGNES"
From North West American
profit of £14,000,000, which the in- Ports, San Francisco, Manila,
crease
of tobacco and cigarette arrived 20th. February, 1948. prices, following last year's budget,
was responsible for, did not greatly
Damaged cargo Ox this
ffected the price of these shares, vessel will be surveyed in the which was 1/8 essler at 5-%.
Hongkong promises of the
Half of these profits have been abenbed by income
fax, and other half by reserves.
JARDINE, MATHESON & CO. LTD.
General Managers.
Indo China Steam Navigation Co. Ltd.
Notice To Consignees
CONSIGNEES PËR
S.S. "BENRINNES"
Wharf & Godown Co., Ltd. bo- are hereby notified that their the tween the hours of 11.00 a.m. cargo. is being discharged into and 12 noon on Thursday, 4th the Hongkong & Kolvloun The early firmness of industrial March, 1948.
Wharf & Godown Co.'s godown, not maintained
where it will be at Consigneva' initial gains were less
risk and subject to the Wharf'a terms and conditions of storage, and where delivery may bo obtained.
was
and ποτές pronounced
Consignees are warned that claims for damage or shortage Damaged packages are to bo may not be accepted if the left ia the Godown for damage is not surveyed by examination by:. Consignees and Messrs. Goddard & Douglas in the Company's surveyors, the presence of Consignees, Re- Meants. Carmichael and Clarke, presentatives at this appointed at 10 a.m. 4th Märch 1948.
Consignees are advised to Washington, Feb. 26.
towards the close, Dunlops after behave their Representatives pro- ing 69/6 finished around 6 lower sent during the survey. The gold holdings of the at 65/6. United States Government went Business in the oil section remaini ubove $23,000 million today led mall and some dullness was
P record for any nation in history. parent, following an attempt to in-
The United States now.
owns prove prices. A second call of 1 more than three-ifths of the on Shelf now, has now maile these world's known supply of mene-shares 2 pald, and at 60/6 show. tary gold and it is steadily in not gain on the day of 94.
New York devaluation creasing its holdings.
brought about a general chunge for time. Today's total of $13,028,243,000 the better in Kallirs towards the worth of gold, (at a value of $35 close, particularly with dividend pay. per ounce) is $2,039,000,000 moroers, with Brakpans od better at 1783 than the Government had a year and Randfonteins around 6d better ugo, Reuter:
at 21/3-Reuter.
Jumdurs
MOLLERS (HONGKONG)
LIMITED, Agents to Pacific Orient Express Line.
Pacific Far East Line Inve
CHINESE SHIPPING OFFICE . Tels. 28788-20153
- DIRECT", |BAN FRANCISCO · LOS ANGEL
VESSKY,
ONTEST.
Telephone 11ŠEL.
[“CHINA:BEAZ
CHINA MERCHANTS S.N. CO.
ondaught
15. Connaught Rosd` West.
SAILINGS
S.S. HUANG USING Singapore & Slam Feb. 28th
Cargo for Tu
Fast Regular
-Pacific - Service
OVERLAND
NEW YORK-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN & CANADIAN CITIES.
From
Baits
·For
Fin. 29 San Francisco
Low Angeles San Francisco'
Mar, 1 Bart Fran
Okinawa
To comply with the General Bonded Warehouse Regulations Consignees must havo & Re- venue Officer ̈ ̈ ̈ in attendance when damaged dutiable goods are examined...
No. claims. will be admitted after the gooda have left tho 'steamer's..., godowns, and all goods remaining undelivered after the 5th March 1948 will be subject, to Kent,
All claims against the steamer must be presented to the under- signed on or before' the 19th; March, 1948, or they will not be recognised.
No Fire Insurance will Be effect
W. R. LOXLEY & CO.
(CHINA); LTD;"
„Beň Lízn Éteáiners) Ltd.
Apr. 1
AMERICAN PRESIDENT LINES, LTD.
St. George's Bldg.
Tel. No. 28172/28175
Americam Pioneer Lime
Arrivals from New York, Boston, Other Atlantic Ports via Panama 8.5. "AMERICAN MERCHANT"
8. "COURSER"
'Sailings to Manila 9.8. "AMERICAN MERCHANT“ 8.8. "COURSER"
Due Feb. 2 "Mar. 1
Due Mar.
Mnr. 1
Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via Panama Canal
-Special Cargo Oil Tanks-
B.B. "STAGHOUND" 1.8. "AMERICAN MERCHANT"
Due Feb. 29 Spils Mar.
Mar. 20 ** Mar. 2
For Full Particulars Call
UNITED STATES LINES
General Agents
Queen's Building,
Tel. 81251 (3 lines)
KLAVENESS LINE
SAILINGS.
Direct to LOS ANGELES, SAN FRANCISCO PORTLAND, VANCOUVER & SEATTLE. m.s. "BOUGAINVILLE”
SAILING 4th APRI ARRIVALS FROM PACIFIC COAST m.s. "BOUGAINVILLE
DUE 4th MA SAILING FOR SINGAPORE PORT SWETTENHAM,
5th MA PENANG & BATAVIA PASSENGER ACCOMMODATION. BULK OIL, TANKS
Chinese Freight Agents. HOO FOOK PING THE BANK LINE (China) Ltd.
Apply!
THE BANK LINE.
(CHINA) LTD. King's Building, Tel. 277
SAILING 'DIRECT FOR BANGKOK-
S.S. "EMPIRE PARK” LOADING 1st MARCH, 1948. SAILING 2nd MARCH, 1948.
For freight particulars apply to:
JEBSHUN SHIPPING CO.
Bonham Strand West.
THE EAST ASIATIC CO., LTD.
COPENHAGEN
M.V. MONGOLIA"
Loading about 13th March
for
ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, OSLO,
COPEN
Tanka avalable for the
IENBURG AND
M
THE EAST ASIATIC CO., LTD.
DE PARAMAZOMERAN TANSZZIE NAWA FUN, SOSOVOLLZSTAN, MESNILSEN, KURI