THE CHINA MAIL, WEDNESDAY, MARCH 10, 1948.
ROYAL INTEROCEAN LINES
Incorporated in the Netherlands-as
KONINKLIJKE JAR-CHINA-PAKETUBLART. LIJNEN NOV. AMSTERDAM
JAVA-CHINA-JAPAN SERVICE
“THISADANE"
Due from in Port
"TJIBADAK"
Amoy
11th March
“VALERIUS”
In part
Salling for
Batavia, Semarang, Bourabaya &
• Macassar,
14th March.
Amoy 13th March
Sulling for
Manila & Amoy
12th March..
Salling for
Batavia. Semarang,
Sourabaya de
Maobaser,
27th March.
Manila, Macassar,
Sourabaya, Bemarang, Batavia
13th March.
ASIA-AFRICA-SOUTH AMERICA SERVICE
"RUYS"
Due from
In part
Salling for
Shanghai
p.m. 19th Mar.
Transhipment cargo on through bill
Dar-En-Salaam, Mombasa & Zanzibar.
"BOISSEVAIN"
South America
South Africa. Mild April.
Loading for Manila, Singapore. Batavia, Mauritius, Lourenco,
Marques, Beira,
Durban, East London. Fort Elizabeth,
Mornalbay, Capetown,
Buenos Aires, Monte
video, Santos, Blo
de Janeiro.
25th March,'
Salling
p.m. 28th March.
of lading accepted for
South Africa
South America end April
SUMATRA-MALAYA-CHINA SERVICE
"HEINRICH JESSEN"
*VAN HEUTSZ"
Agents
"GAASTERKERK"
“ALIHAGUA”
Due from Swatow & Amoy 13th March
Belawan, Deli,
Penang
Singapore
21st March
Sailing for
Swatow & Amoy.
Sailing for Singapore-Fenang Belawan Deli
14th March.
Singapore, Penang, Belawan, Dell, 31st March
HOLLAND-EAST ASIA LINE
EUROPE: SERVICE
Due from
"Europe.
at or about
12th March
Europe,
on or about
2nd April.
"HIDDERKERK"
Europe,
early May
Loading for
Manila/Singapore/ Colombo/Sues/ Port Bald/ Alexandria
Genna/Marseilles / Antwerp /Rotterdam/ Amsterdam/Jamburg/ Copenhagen/ Gothenburg/Oslo on or about
6th April.
Manila, Singapoře, Colombo, Satz,
Port Bald, Alexandria Genoa, Marseilles, Antwerp, Rotterdam,
Amsterdam, Hamburg. Copenhagen, Gothenburg, Oslo
early May.
Manila/Bingapore Colombo/Suez/
Port Said/
Alexandria /
Genoa /Marseilles/
Antwerp/Rotterdam /
Amsterdam /lamburg/ Copenhagen/
Gothenburg/Oslo
carly June.
Agents: SILVER LINE LTD.
HENDONHALL"
ATLANTIC COAST SERVICE
Due from
Salling for U.S. Atlantio parts, Ü.8. Atlantis Const 16th March.
Ports via
FINANCE. AND
COMMERCE
DISTRICT BANK SUGGESTION Coordinated Devaluation Of Sterling, Dollars In Relation To Gold Hong Kong
M...
Manchester, Mar. 8.
To avert the danger of an International carrency warfare, the District Bank (Britain's sixth biggest bank) suggests that the International Monetary Fund should take the initiative in arranging a coordinated devaluation of ster- Ling, dollars and other currencies in relation to gold.
The bank claims that this would expand also the credit base of all countries with gold re- serves. The bank also emphasised the need for an all-round internal deflation' in all coun- tries.
The Manchester Guardian City copt by its shook effect on the Editor comments This Buggoweatern hemisphere commodity ion would merely give countries prices),
Incidentally, a 20% doliar de including Britain more dollars for gold. A the United States can valuation, would rise gold's do). not do anything useful with its lor price by 25. Thus the Rold, for Inng time ahead, the enhancement of $10,000,000,000 scheme would simply be a dollar worth of monetary gold stock grant, additional to the Marshall outside the United States would
be $28,000,000,000,---Router: plan
For example, if joint devalun- tion were 20%, the aggregate monetary gold holdings outside the United States, estimated at about $10,000,090,000, would baj worth about $2,000,000,000 more on sale in New York, witere most e will undoubtedly go before
long.
Britain would share bonus with about $400,000,000.
in the That would certainly give Britain a little more credit but it would hardly appeal to Washington,
Mr Sydney Ganpell, Reuter's Financial Editor, comments: The biggest effect night be not on existing gold stocks but on newly mined gold.
Gold Output Whitehall recognises that since the price of gold has been fixed while all other prices have risen, the sterling aren's annual gold output nowadays covers far smaller proportion than formerly of the sterling area's defleit with the western hemisphere.
1.
This could be remedied only by raising gold's dollar price (or of course by a slump in western hemisphere commodity
prices) raising gold's sterling price by unilateral
Money Market
Gold 'was a little further down the scale yesterday but the undertone was very strong.
Investigation Into China
Finances
Horiolulu., Mar. 9. The Star-Bulletin said today that it learned 10- Jably that President Tru- mán has appolated Feroy Hampton, Jahnston. retired, ohairman of the Chemical Bank and Trust Company, New York, to investigate China's financial situation.
The paper said Mr. Tru- man telephoned the bank- er, who is visiting his son It said that In Honolulu. Johnston, who is in bed with virus infection, de- clined to comment but that it was reliably informed. that he would laure, for China in a spécia¡ ́military. plane--Associated Press.
BLACK MARKET IN GOLD
Brussels, Mar. 8. Strong forces of police today raided cafés near the Brussels Bourse in a drive against black market trading in gold and, for- eign currency.
Opening at $845.76 a tael it went down, to $343.50 shortly It after the market opened. then recovered and reached $347.50 before it again reversed trend and closed at $846.
Six lorry-loads of people marketless Plastres had a
were taken away for question- day. at $12.00 à 100.
Chinese National Currency ing.
Although no "free market" took the down grade as futures dropped to 15% cents for in currency and gold exists in CN$10.000 after opening at Belgium, for some months, the 16 cents. There was no bust-country's leading financial pa- ness in spot which was quoted pers have been publishing daily nominal at 18 cents.
Punofficial quotations." — Reu- ter.
Tleals appreciated slightly to $26.60 a 100, as also NEI
100,
·Gujjders to $31.00
U.S. dollars maintained the level of the previous day, and notes were at $5.63.
N.Y. RUBBER
New York, Mar. L. Crude rubber futures closed 29 lower to 15' higher with sales of 145 Д Sterling made sharp re-contracts. sterling devaluation covery to $12:05. Australian would not help this problem (ex-pounda $12:53.
N.Y. Stock Market
on.
New York. Mart. 8. Breaking ramofities cast their shadow the stock turket today and many Braders dipped, fractiune to iw pointa jor so. From the vikit selilna never wan
argent_and_cattered_plvolalı, managed,
to maintalo, modest plus signs.
There were 740,000, transferu. Among gainers" were Douglas Alreraft, Lockhead, Grumman, Gleon Martin, Am- arisa. Äirlines, Chesapeake and Ohle. Dow Cheekcal. Ruse Gypsum. Stumblers lesm, Atlantic Refining, Allied Chemical,
were
Stock Exchange
A moderate, day's bominera bul prices Inclined to the irregular,
B.K. GOVT. LOANS
4% Loan 102
24% Loan (2835) Dyish, 101m. $47% Linen (1948) 100k
DANKS
H.K. 8. Pańck X.D. 2058b, žesta, than. Reg.). ZUBY. Chartered Bank 10.11/10. *Mercantlig 9k A. & 1" AUL.
Bank of Eant Aalu' 1986, 1.
INSURANCES
Canton In 408p. Union. Ine. 78th.
China Underwritern Tiźb, 1, 7%. 11 K. Fire Ins. Bond. -
BHIPPING
Douglare, 40m.
4. Ateamboats 18,
Indo. Chinas (Pre). 100n: (Det.) soon. Shell (Bearer) 15/1
11; Waterhosia. (XD) $0.
DOCKS, WHARVES, GODOWNS, ETC.
H.R. K. Wharves (0) 170b, 10: \(N) (F. Pd.) 1880), (N), (P. D4) 1121⁄4n.
H.K. Docks Séc.
China Pravidents 254. 25. Bhangbal Dockyarde ·20h, --
MINING
Raub Mine yb, ILK Mine .0
LANDS, HOTELS & BLOGS, H. B. Hotels "20b, 2* N ILK. Lande (018) Dib, Dian; (New) 19, 88% 0, 1
Shanghai Zanda ¤1⁄4b. 6%%%, 6,15/415.10. Humphreys, Estates #74s. 14%. II.K testien län.
Chinese. Fatalės 1990.
PUBLIC UTILITIES
ILK. Tramways (X,D;) 22%, tla. Peak Trams (010) 21% (New) 115,
10am."
Star Ferrier (K.D.) 1926, 138, 182 55 vm. Yaumati Ferrien išb.
0. Lights (ON) NNE, TA, 23%/24x®;, (New) 19k.
H.K. Electrics
24/2/94.
(X.D.) 625, 62154,
Maso. Eletrics Kła, Ziza. Sandakan Lighia vb. k
Telephones (Old) 5t«, Siam (New)
Bhanchat Cae Bn.
INDUSTRIALS.
Cald. Mais, (Ord.)" '29b, Cantan los 70, March 19.85 bid, May 19.50-55 unchanged at July 18.90-95, September 16.50-52,
December 18.10. Nov 1 ribbed, smok
?Press.
Notice To Consignees
In Shanghal yesterday (anysed sheets, 2016 nominal-Associated Router) the open market rates were changed to CN$192,500 (buyers) and CN$197.500 (sél- lera) for the U.S. dollar, and and CN$677,500 (buyers) CN$592,500 (sellers) for Ster- ling.
TRAINING FLIGHT ENDS WELL
Honolulu, Mar, 0. Ten Superfortresses and two C-64 transports landed 'safely
CONSIGNEES PER $.S. "BENVORLICH"
are hereby notified that their cargo in being discharged in to the Hongkong & Kowloon Wharf & Golown Co.'s godown, where it will be at Cöäsignecs"; risk and subject, to the Wharf's terms and conditions of storage, and where delivery may be
obtained. Singapore and Suez,
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
Londr
VXPRESS CARgo Liner særVICKÉ
TO AND FROM PACIFIC & ATLANTIC COASTS
LOADING DATES IN U.S.A.
Pacific Coast atlantic Coast Los Angeles
& Los Angeles)
Data
Vensel
Mid March m.v. "ANDAMAN"
Late March
m.v. “BALI*
ARRIVALS
Data
Vessel
m.. "DONA, ANICETA” my. "MINDORO
.
m.v
闻
"ESCALANTE"
PANIVETA"
From
Atlantic Const
Los Angeles Pacific Coast
For
Manila atlantic Coast
Tia
Los Angeles San Francisco)
19th March
-8th April
*Early' April
SAILINGS
Dato
20th March 25th March, 2nd April
Early April
mv. "HEMEÄND”.
BOOKING AGENTS for P.A.L.
THE DE LA RAMA STEAMSHIP CO., INC.
ama (incorperated in the Fulippines) iš
IDE 266765026TH-
CHINESE SHIPPING OFFICE
CHINA MERCHANTS S.N. CO.
#15 Connaught Road
S.S. HAT
SAILINGS
MARINA HOUSE
Included Plymouth Oil, Philips Petr
l'epulcola and Greyhound,
Dow Jones avement-Stocks 60.82, 20
Zadnatyluăm; 167,7, 15 Ha!!s 40.484 Utilities 21,90.
10
Bonds Improved selectively. Amunt curb gainers warn Bedar Alreraft, Garrot! Corporation. Lower included. Kaiter Frazer, Colonial Alzlinas, Creole Petro Deum,
on
at Barber's Point airfield today Damaged packages are to be *a training flight from loft in tho Godowns for Spokane, Washington, to Tokyo, examination by Consignees and after radio, failure had caused the. Company's
surveyors,
Cements (X.D.) 18. 13/81%/%20 H.K, Ropes 28%, 2%/%//1⁄2==.
STORES ́ ke" [
Dairy Farme (X. Hea) SIÝra; (Tights).
*Watsons (X. 21a) 5$1⁄45x: (Right) 87b, 2114an
Lane, Cranforda Küb.
Sincere 9.30m
China Emporium 12.
But Co., Ltd. 8% m
Kwong Bang, Har 11, 201
Wing On (HLK.).1495.
Wm. Pawell, Ltd. 12.
MISCELLANEOUS
Chine Entertainmenté - 39 44n.
H:K. Constractions (0) Gb) (N) *n, Vibro. Piting iin, “Marsman-Investments-12/3n.
Maranan (HK) 1.406.
COTTONA
Two fab, 1840 Rubber Trustso sten, dam Hémeyxans 11⁄21⁄2¤, 1,10
Paris, Mar. 8. The French National Assam- an erroneous report that one Messrs. Carmichael and Clarke, bly tonight adopted an amend- of them was missing.! .
at 10 mm: 12th March, 1948, ed version of the Government's The plane lust reported its
anti inflation. levy bill by '815 position RA It passed near To comply with, the General votes to 255-Reutar. Ükalag vlock quotationar-Adams ErSacramento,, California, at Bonded Warehouse Regulations pros 15%, Alaska-Jonesu 1. Anigrican0984. GMT. It was out of con. Consignees must have a Be.... Can 19, American melting 50%. Amtact until 11 hours later when venue ·Officer." in attendance wrican Telephone 1505%, American The
bacco 62% American Waterworks 1, passed over the island of when damaged, dutiable goods Ice To Consignees
Anasands, Copper. 31% Alation Couper Maui. It had 20 men aboard
4. · Baldwin Locomotive, 1934, Barnadal Associated Press.
5%, ilendir Ariellen Z. Bethlehem Blend $1%. Bordox Aircraft 26%, Horden Go.: 2014. Canadian Paclio 10, J. 1, Cu 17,, Chrysler 30%,, Culeata 19. Commercial: Bölvent, 214. Corn, Producia 43...Dupont, 1865, Eastman Kodak 39, Electric. - Light ·4. Power 15%, Ga. Elecirka 12%. Gen. Motors; 61%, Grod- rich 50%, .Goodyear. 49, Homelaku Mining-41," Ister. Härveefer 14; Inter.
Johns, Kasville, 1834. -Konnecott Copper
Notice To Consignees
S.S. “ELPENOR."
Damaged cargo ex the above, vessel will be surveyed at Holt's Wharf between the hours 10 Bm to 12 noon on 12th & 18th
Paper 44%. Inter. 783 13%, 4364, Montgomery, Ward, National Distillers 19%. National Land, 115, New -York- Central 18. Fuckard Motors, 44. March, 1948, and "consigfices'
| RA... 171⁄2‚y: Radio - Corp. 36.) -- Republic)
are examined; :-
CONSIGNEÈS PER
- 8.8. "BENALBANACH"
No claims 'will be admitted afton the goods have left the are hereby notified that their steamer's kodowns, and all cargo is being discharged into goods remaining undelivered the Hongkong & Kowloon after the 18th March, 1948 will Whart & Godown Co.'s godown, where. It will be at Consignees by subject to rent
risk and subject to the Wharf's terms and conditions of stor
All claims against the steamer
must be presented to the under signed on or before the 27th March 1948, or they will not Be recognised,
Faa Amerions Aleware N. Para representatives are requested No-Fire Insurance will Bloel R, Reynolds, Tobacco 13-4. Bchenley to be present during the effected.
2456, Bones Rosback #4%) hell Oil 31.ourvoy.
Bruny Vacuum * 15%); Bouthern Pacide
47:34. Standard? Brande,:33.95): - Standard
| 0}^u8^Cafits, 47%. Standard 1013;of NJ.
T35. Btydebaker 16%; Unlög: Isak - 28 %,
Union Carbida 14, «UB Rubber (40 42,- US
| Steel, #1), MB ̧Lines?}17M; Matlaghoshir
BUTTERFIELD & SWIRE,
Agents,
2%. Youngstown Ebertyát. Tube STM Hong Kong, 8th March, 1948,
SAN FRANC
W.R. LOXLEY & CO. (CHINA), LTD, Agents; Ben Line Steamers, Ltd. Hongkong, 6th Mar., 1948
Pacific For Car Le
age, and where delivery may be obtained.
PRESIDENT LINER
SAILINGS
REFRIGERATION SPECIAL CARGO OIL TANIS
CARGOCAIRE SPECIE
יד
TO SAN FRANCISCO
A.S. "President. Cleveland" (via, Manila & Honolulu) Mar. 13 8.5. "General Meles" (vla Manila' Only), ............
April 8, 8.8. "General Gordon" (via Manita & Honolulu) ...... Apill 24 8.8, "President Glaveland" (via Shanghai)
May 1
TO SAN FRANCISCO 'AND LOS ANGELES (VIA KOBE & YOKOHAMA)
8:8. “Arcadla Victory" (Atso Calļi Shanghai & Honolulu)
Mar. 16
8.8. "President McKinley"
Mar 24
8.8. "Prezident Jefferson"
Apr.
4
8.5. "President Madison".
April
TO NEW YORK BOSTON AND HAVANA VIA MANILA, SINGAPORE, COLOMBO,
COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS
88 "Marine Leopard"
Mar. 14
B.8. "President Buchanan" (Ex "Skidmore Victory"") "Mars 19 85. President Fillmore" (Ex "Bullend Victory") (MADT) (1 B.B. "Fresklent Tyler" (Ex “Iraq Victory"!" ... ADE
AMERICAN PRESIDENT LINES, LTD.
St. George's Bldg.
Tel No. 28175/28175
American Pioneer Lave
Line
Arrivals from New York, Boston,
Other Atlantic Ports via Panama
8.8. "COURSER"
5. "PIONEER WAVE"
•
.
Duo Mar. 14′
20
·
8.3.
Sailings to Manila "COURSER" 5.8. "PIONEER WAVE"
Sails. Mon 16
21
Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via Panama Canal
-Special Cargo Ol Tanks-nguy
B.B. "AMERICAN MERCHANT". Duo Mar, 20 Saila Mar, 21
For Full Particulars Call
STA
UNITED STATES LINES
Damaged packages are to be..
for left in the Godowns examination by Consignees and the
Company's Burveyors, Mesare. Carmichael and Clarke, at 10 am, 10th March, 1948.
To comply with the General Bonded Warehouse' Regulatlöng Condlamees must have a Re- venue Paicer in attendance when damaged dutiable! göödi are examined.
No claims will be adn after tbb, goods hav steamer's, godown "goods- remaining
after the 18th Mare bo sub
AIT
the
will
the damer
General Agents
Queen's-Building,.
Tel. 81281 (3-lines)~**
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO · PORTLAND, VANCOUVER & SEATTLE.
SAILING 6th ·APRIL
ma. "BOUGAINVILLE"
ARRIVALS FROM PACIFIC COAST
↓
DUE 2nd APR, m.a. "ROSEVILLE LAURENCE
SAILING FOR SINGAPORE PORT SWETTENHAM,..
PENANG & BATAVIA.
ara' APB,
PASSENGER ACCOMMODATION. BULK OIL TANKS
Chinese Freight Agents."
HOO FOOK PING
THE BANK LINE (China) Ltd.
Apply:-
THE BANK LINE "(CHINA) LIDY King's Building. Tel. 27702.
BARBER WILHELMSEN LINE
M.Y. "TAMERLANE”
· Loads 19th March. 1948 for
NEW-YORK via PANAMA calling at
KISTAVAD
Yokohama, San Francisco, Los Angeles, Fanama New York, Boston, Philadelphia & Baltimore -
For freight, and further particulars apply DODWELL & CO., LTD.,
Hongkong & Shanghai Bank Bldg.
THE EAST ASIATIC CO., LTD.
AGEN
M.V. “MONGOLIA L
14th/18th March Lis
ADEN PORT SAID, GEN