Pag. 12
''THE CHINA' MAIL, THURSDAY, MARCH 18, 1948.
ROYAL INTEROCEAN LINES
Incorporated in the Netherlands as
KONINKLIJKE JAE-OWNA PAKETVART LIJNEN NÚVZ AMSTERDAM BE
JAVA-CHINA-JAPAN SERVICE. ・・
Due from
**TJIBADAK"
Manila & Amoy. 28th March
#TJITJALENGKA"
Amoy
20th March
Salling for
Sailing for
Batavia, Semarang,
Bourabaya &
Macassar,
28th March.
Manila and · Amoy 4th April
Batavia, Semarang,
Sourabaya. Macassar 14th April.
• ASIA-AFRICA-SOUTH AMERICA SERVICE
"RUYS"
Due from
In port
Sailing for
Shanghai
Loading for
Mania, Singapore,
Hatavia, Maurition,
Lourenco
5 p.m. 22nd Mar. Marques, Betra,
burban, East Londen.
Port Elizabeth,
Mosselbay, Capetown,
Buenos Aires, Monte-
video, Santos,
de Janeiro,
29th March,
Halling
5 p., 31
lo
March,
Transhipment cargo on through bill of ladise accepted for
Dar-E-Salaam, Mombasa & Zanzibar.
"BOISSEVAIN”
South America
South Africa
Mid April.
South Africa
1
South America end April
SUMATRA-MALAYA-CHINA SERVICE.
"YAN HEUTSZ”
Agents
"QAASTERKERK"
"ALPHACCA"
"RIDDERKERK”
Due from
Belawan, Dell,
l'enang
Singapore
21st March
Sailing for
Swnlow & Amoy.
Sailing for Singapore, Penang, Belawan, Dell, 2nd April,
HOLLAND-EAST ASIA LINE
EUROPE SERVICE
Due from Shanghai,
5th April
Europe.
on er about
2nd April.
Europe.
tarly May
Loading for Manila /Slogapore/ Colombo/Snel/ Port Said/ Alexandria
Genoa/Marseilles/ Antwerp /Rotterdam/
Amsterdam/Hamburg/ Copenhagenf Gothenburg/Oslo 5TH APRIL,
Manila, Bingapore, Colombo, Suex,
Port Said, Alexandria Genoa, Marseilles, Antwerp, Rotterdam, Amsterdam, Hamburg. Copenhagen, Gothenburg, Oslo early May.
Manila/Singapore Colombo/Sues/
Pori Bald/ Alexandria/ Genoa/Marselltes/ Antwerp/Rotterdam / Amsterdam/Hamburg/ Copenhagen/ Gothenburg/Oslo early June.
Agents: SILVER LINE LTD.
"SILVERBRIAR"
ATLANTIC COAST SERVICE
U.S. Allantle U.S. Atlantic poris, late ports via Suez Apri
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 'CArgo liner SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
LOADING DATES IN U.S.A.
Loads
Atlantic Coast
via
Los Angeles
From
Altantio Coast-
Los Angele Pacific Coast
For
Manila Alianzia Coast
Los Angeles
?
Date
Vorrei
www
Late March m.y. "BALI" Early April 9.5. "DONA AURORA”
ARRIVALS
Date
- 20th March 5th April
Vessel
1
m.v. "DONA-ANICETA”
“MINDORO
m.v.
Mid April m.v. "ANDAMAN"
SAILINGS
Date
Vessel
20th March B. "ESCALANTE”.......... 25th March. m.v. "DONA ANICETA" Mid April
1.v. "TAMABA”
BOOKING AGENTS for PAL
THE DE LA RAMA STEAMSHIP CO., INC.
·(Incorporated in the Philopitian) C
CHINESE SHIPPING OFFION Tels. 28788-20153
· MARINA HOUSE
Taix. 28676-22676
CHINA MERCHANTS S.N. CO.
Connaught Rond: WN
FINANCE
AND
COMMERCE
FIGHT AGAINST INFLATION Top-Level Deliberations In Nanking Two-Edged Plan Under Review
Hong Kong Stock Exchange
Duk with queriailors unsteady.
П.. CDVT, LOANK 4. In 101
*4% Lown (1038) 99156. 5% (194) TOO,
ΠΑΝΤΑ H... Rank 2050s, 2010.
Len. Hex.) 120. Chartered Bank £11. Mercanti Bk. A. 1. £21440. Jank of East Asla X, D. 1298.
1 INSURANCES
Canton Iss. 4065, Union In Tash.
China Underwriters 7, 8, H.K. Flow Ina, 8209.
SHIPPING
con
H... bowl 13. Il Chine (Pert) 1900. fro Chinas (Dri.) 300K.
Bella (enter) 75/-n,
(), Waterbosta X: D. £50. DOCKS, WHARYES, GODOWNS, ETC.
1.K, K. Where (HA) 1901,
H
AR.
¡Novi (P. Pd) 18hrs.
(New) (P. P) 106, 1070
B.K. Dock 22, 23, 32%/." Chlum Providenta 281⁄2b, 24. Bhal Dockyarde' 290.
Haul Mine 7n.
MINING
HK. Mine .05).
LANDS, HOTELA & BLŊGS. HAB. Hotele (b. 19. 11.K. Lands (Old) #2 #1,
1/4AK
MK Lande (New)
S'hat Inda b
Humphrey Exister Yis,
1.K. Realism 180 Chinese Estates 190p.
5b, 0la, pan.
PUBLIC UTILITIKA
H.K, Tramways X. U. 231, 23. 25.
Peak Trams (Old) 23b,
Peak Trams (New) 14b.
Bar Ferzie X. D. 130.
Taumati Ferries 410, Sis.
C. Lights (OM) £1,80%, 24», 28.90/24an.
C. Lights (New) 306, 20a,
R.K. Electries X. D. 1b, 81%.
Mac trien 2x,
Sandakan Lights 40b.
Ba
Telephones. (Old) «1⁄4‰»‚ à1⁄4‰00. Telephones (New) Bhanghai Can Gin.
INDUSTRIALS
Call. Maer (Ord) 21b,
Canton Tees 7n.
Camenta X. D. 47b, 42/483⁄41⁄2m. H., Rope Zib, J.
STORES .
Nanking, Mar. 17.
Top-level deliberations, which began yesterday, are expected to continue in an attempt to de- vise means of stabilising general llying con- ditions and arrest Inflation, informed sources said last night.
London Stock
Exchange
London, Mar. 16. markets were rather
of the uncertalo worldt
·
In yesterday's talks, sponsored by the Prime Minis-unseled and easier today under the
ter, General Chang Chun, the main parti-political situation. cipants were Mr. O. K. Yui, Finance Minister; Dr. Chang Kia-ngau, Governor of the Central were unable to Bank, and Mr. K. P. Chen, financial expert. Their unmediate alm is to present bring, relief into the economic chats upon the pattern as set forth by President Chiang Kai-shek,
now
A double-edged plan is under contemplation, providing:
(1) Far periodical publication of the note issue to keep the actual public informed of the amount in circulation;
(2)
Allocation of US$400 mil: lion worth of Government-owned assets as reservs fund to back the currency as issued.
N.Y.Stock Market
New York, Mar, 17. Porrien and dimentio news put a chlil on Tuesday's stuck market and tenders ne thele aharbert and wittest set- back after ently February, Many pivotala
Anlahes! down on se around three polate. Transfers intelled 940,800 shara. Liquidation was blamed mainly on grow ing war talk, spreading labour disputes and persistent businom skepticism.
Central, Included Ninois Lowers Baltimore and Ohio, Cocacola, Douglas Abrerall. Phelps Dwar, 20th Century
In the first place, as a measurel of reviving people's confidence in considered the
currency it in
actual the necessary to reveol Jamount of the note issue from time lime as the Government has too often felt that the unofficial. Pacifio Western Oil, Gulf Oil, Santa estinates of the total amount of paper money in circulation exag gerated.
Thus far, the figure as given by only the Prime Minister, ranges
10 30 and acmewhere between thousand million.
Government Assets
Fv.
€0.12.
Dew Jones Averappe-Bleeke 20 Industriale 166.39, 16 Hall 48.00, 10 Utilis 1.06,
Expres
|
The stock
influence
holding off, prices With buyers
withstand small pell- Ing. British Fonds recorded losses of 1/1 whilst Transport 1% after late ing 1's, recovered to close at 3/16 lower on balance at 96-11/16.
Today's list of dividend announce ments showed another crop of in- Industrial Sher- Create Among wood Faint. benefitted from the in- crease and gained 1/3 at 27/3.
The
Elsewhere in this section, minor Jusses were uppermost hue this trend was resisted by store shares. diamal story continued in oils, in weak, which Anglo-Iranian were feature with a loss of 3/16 at 2-5/6,
Selling on behalf of both Landna sol Johannesburg depersatu South "Middle Wits · weze African mines, around 2/ lower at 11 while Wen- decilned to $6/6. Other Holdings mlues, including coppers and dia moule followed the ruling trend.
In the foreign band market there
flungarian Kupport for
and German issue. BECURITIES
WEA
British Convola, 216 Converaton Loan, 34%, 1961, 104-11/26 Punding Loen, 47, 1980/90 112-9/10
103% War Loen, 19%, 1962 War Loan. Vother Vistory Bonda, 47% British Transport 1%
INDUSTRIALS
Portland Cement Co., ord British American Tobacco
Closing quotationss—Adame 16, Alaska Juneau 1%. American Can 19%. American Smelling 48. Ameriena Telephone 14814. American Tobacco 69%, American Watermarka 1. Anaconde Copper 10%. Aviation Corn. 4. laid- In the second place, it is pro win Locomotive 12%. Darndall 11% posed to set aside US$400 million Bendle Aviation 24. ethlehem Steel worth of Government-owned an 80%. Heng Alrorail 20% Borden Co. sets as a currency backing fund. 38%. J. 1. Case 18% Chrysler 515. Hrithik Celanese
Colanie 88%, Commercial Bolvent, 2215.3. & P. Coats, und, which has been dacking before.
Products 01. Dupont 14. Courtaulde, veď. Among these, US$200 million Corn
Imperial Chemicala will come from the principal Go-Eastman Kodak 17%, Electric Light 4
General Electric 22. Imperial Tobaccos vernment-operated enterprises, Power 14%,
General Motors 59%, Goodrich 47. Pinckin Johnson, ord.. such as China Textile Industries Goodyear 38, Homatake Mininur 38%, In- Standard Motors, ord, Bad the Chinn Merchants Steamternational Harvester 8916. International Navigation Company, and another Paper 49, International T & T 11%. US$50
million from
Japanese Johns Manville 5 Rennsent Copper 44%. Montgomery Ward 45%, National reparations.
18, National Lead 10%.
Amarlen
Airways
At present, the second alterna-Dialiters tive seems popalarly favoured as New York Central 18%. Packard Motor
Fau shares may be purchased back by the Central Bank ne a negotiable Pennyivanis ER 17. Radko Corp. 3%, Real Blk 10%. Regrublle Steel 234. nedium for currency, Reuter-Reynolds
Schenley Tobacco 67, Bears Roebuck 28. ll O 10 Bocony Vacuum 18. Southern Pacißße 469, Bigodard Uranda 23%, Standard on of Call?, 80%. Standard Oil, of NJ. Ti, Blessbaker 18. Union Hag 25.
Dairy Farms (X. Ris.) 416, (2%++ ÄÄP.
$2.
Dairy Farm Rights 17b. Watena (X, taj 35
Watsons Bighte 296, 29. Lane, Crawfords 67b, 58. Sincerce 2.10.
China Emporium IX.
Bun Co., Ltd. 0%.
Kwong Sung Hong 201b, Wen. Powell, 214 12n. Wing On (1. X.), 243n.
MISCELLANEOUS
China Entertalomania 18. H.K. Contructions Old) Gb. H.K. Constructions (New) Bn. Vibro Pin11.
Maruman Investments 12/in. Mateman, (H, K.) 1.40.
COTTONB Ewo 201
SILVER & GOLD MARKETS
London: Silver, Spat, fine ounce, 45d; Forward, fine ounce. 45d; Bar Gold, per fine ounce, .172/3,
New York: Silver, Bar (asked price) 24% c.; Bar, Golf, per fine ounce (official) $55.
Bombay Silver: Ready, per 100 tolas 16+ Rupees, 00 Annas: Forward, per 100 ila 184, 00; Marwari (un-) official) 164, 0%; Gold: Delivered, per. tola 119, 02: Forward (uno@cial) 109, 12: Sovereign 70, 08.
One tola equal to 6th of
ounce.
Money Market
After two days on the descent, gol! yesterday reversed gear and climbed back to $337 a tal after opening mt $334.
It was down to $331.75 before it about turned making a 'straight climb to $118:25. Towards the cluss cased all slightly.
U.S. dollars, after a slight setback
E
Al
the previous day, again firmed up yesterday with notes closing at $5.75,
એક drafts at $5.82 and TT at $5.94.
Pizatzen opened
$12.40 and clos. ed at $12.45 100. No transaction took place in the afternoon.
Chinese National Currency was nominal, with no business passing, at 13 cents for futures and 15 for spot, (for CN$10,000).
cents
Woolworth (F.W.)
100
12356
***%
44/1 $% 21/1044
81/0
40/73%
47/0
6%
32/4/2
11/14/
$1/
JUTH SHARKS: Barnagere Jute Factory, Co., ord. 10 2. guaDER SHABER:
Anglo-Dutch Plantation of Java 18/1 duals Raiampong Rubber Eriate 15/5 - Rubber Plantation Invest. Trust 14/S
INES:
Burma Corp.
Crown Minet Kundrdroog Min Estad Mino Epring Mines Fab-Nigels
Tatry Tin Co.
Union Carbide 26%, US Rubber. Unlos Corporation, and UB Blent 674, US Lines 17%. Westing | OIL SHARES, house 25%, Youngstown Sheet 4 Tube Anglo-Iranian Oil Co. ord.
%. Gen. Pub. Utiles 156Associat Attock Of ..... ed Press,
Britain's Trade With Burma
Turma Oll Co., ord. Mexico Eaxle on Co.
Trinité Leasebalda Ltd.
UN
4-11/18
10/-
9/1
4
1/4
357/0
138/
28/201
64/1036 11% 10/9- 31
Royal Dutch Cos • com Shell Transport & Trading Ca~~2% Vebriuslan Oll Concessions, ord. 1931/101⁄2 SHIPPING
P.&O. B.N. Co., ord....... Bise Indian Gen. Navig, à Rly, ord, 11°N. GILTEDGEDİ
....100%
Funding Loan, 85% **** National War Bands, 38%1
2049/81
1982/04
1984/04
2901/50
101-7/19
101-7/14
1024
PRESIDENT LINER
SAILINGS
REFRIGERATION-SPECIAL CARGO OIL TANKS-r
CARGOCAIRE-SPECIE
TO SAN FRANCISCO
8.8. "General Melga" (via Manila, Only) mon 8.8. "General Gordon" (via Shanghal 8.8. "President Cleveland" (via Shanghal) 8.8. "General Meigs" (via Manila & Honolulu)
24" 18
12
April | 24+ VATA
May 1 ......... May 15
TO SAN FRANCISCO AND LOS ANGELES
(VIA KOBE & YOKOHAMA)·
8.S. "President McKinley"
B.S. "President Jefferson" (call Honolulu)
S.8. "President Madison"
8.8. "President Grant"
Mar 24
.:
Apron Man A April
G
April 20
TO NEW YORK BOSTON AND HAVANA VIA' MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS
8.8. "President Buchanan" (Ex "Skidmore Victory") Mar. 6.5. President Fillmore" (Ex "Rutland Victory") ..... Apt. 6.8. "President Tyler" (Ex "Iraq Victory" 8.8. "Mankato Victory"
210
Apr. Apr. 11/
AMERICAN PRESIDENT LINES, LTD.
FL. George's Bite...
Tal Nos. ESĀTA/ERIJN
Gmericam Pioneer Line
Arrivals from New York, Boston, Other Atlantic Ports via Panama
A "PIONEER WAVE" 8.4, "DURANGO VICTORY".
AKART AGAA
Due Apt. 2
B
**
Sailings to Manila 5.8. "PIONEER WAVE"; 5.5. "DURANGO VICTORY"
Sails Apr. 8
9
Wan
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
:
Panama Canal
-Special Cargo Oil Tanks-
ZAVAHIDDEN
8,8. "AMERICAN MERCHANT".. Duo Mar, 20 Sails Mar. 21 stað. 9.3. "COURSER“.
For Full Pazticulara Call
Pama
•URRAME}
UNITED STATES LINES
General Agents
Queen's Building,
T
·Tel. 81251 (3 lines)
KLAVENESS LINE
SAILINGS
NETA
Direct to LOS ANGELES, SAN FRANCISCO ES
PORTLAND, VANCOUVER & SEATTLE.
m.s. "BOUGAINVILLE” ................................. SAILING 6th APRIL ARRIVALS-FROM-PACIFIC COAST-
1.8. "ROSEVILLE"
DUE APR. 3rd MAXI
SAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA.
APR 4th
PASSENGER ACCOMMODATION. BULK OIL TANKS
Chinese Freight Agents.
HOO FOOK PING
101-1 THE BANK LINE (China) Ltd. 101-15/10
.. 100%
100%
London, Mar, 16. There was every prospect of that the value of exports
Savings Bonda, 1%, 1964/S raw material from Burma to
Bavings Bonds, 2%, 1969/10 Britain next year' would much Bavings Bonda, 372. 1865776 Dy exceed that of the estimated Exchequer, Bonds, 1%, 1960. British export of cotton piece Redemption Black, 3, 1035JDA 0435 Sterling sppreciated further. to goods to Burma, declared Mr. German Loan (Dawes) $19.15. | Australian pounds were
Arthur Bottomley, Secretary Japanma 55%. 1907/47 again, unchanged at $12.95,
for Overseas Trade, in House of Commons today:
Ticals dropped back to $27.20 * 100. NEI Guilders made a slight climb-to: $31.30,
SOVIET ZONE:
TRADE
Berlin, Mar. 16, A new pact increasing trade Aires-Sovereign buyer's Burnos 70,80, selier 71.800.5. Eagles, between the Soviet zone, and 110.30b, 132.001; Gold, Bar, per Czechoslovakis will be signed gramme, 6.75b, 7.05,
soon, Josef Orlopp, President of Paris-Napoleon 4,125 francs, the Inter-zonal and foreign French 10 franc bains 1,950, Swiss trade administration of Ger Lane 4,025, Union Latine 3,925, many's east sens announced to Sovereign 5,350, Half Bovereigns day. 2,300, U.S. Dollar coin ($20) 20,100, U.S. Dollar coin: ($10) 9,*30, Sover- ziga (is free dollars per ounce) $75.2, Napoleons (in free dollars per ounce) $722, Dollar Bank Note 144-Baules
New York, Mar. 17
Crude rubber futures closed five
FOREIGN BONDS,
the Japanese 15%, 1926/59
2114 #
|
Jap. 15. Manchurian Blr., 6% 1013 · 28 MINING SHARESUL Consolidated Golddelde. flossolidated Tim Minse
STAL..
1/4
4/1.
5/3
He was replying to Mr. Wal; ter Fletcher, who had asked whether, "In view of the fact Laden Copper
How Union Gold. that our exports of cotton, plece weak Rand-intuitment. goods to Burma, a country now Free State Develosments outside the Empire, are so Rooderend high in comparison to other Com. Mala Koel countries,, particularly Canada, was Driefontians he will give an assurance that lenbur we are receiving raw material Selection Trata from Burma of an equivalent ausbors Consolidated
"value"
The Russian-German: news Mr. Bottomley, in his reply, reported that reminded Mr. Fletcher, that agency ADN efforts were being made to in Burmis remained within the creuse the Soviet zone, trade sterling group, and added that with other south and eastern supplies of cotton plece goods European nations,
had proved valuable stimulus
to 33 lower;-Sales were 10 contracts. But that does not exclude to the production of rice for
Saint Helena
Apply:
THE BANK LINE
(CHINA) LTD,-. -. King's Building, Tel. 27792
BARBER WILHELMSEN LINE
M.V. “TAMERLANE”
-Loads 21st March 1948
for
NEW YORK via PANAMA
calling at
"ZAI
PA, LATIMai
Yokohama, San Francisco, Los Angeles, Pänäniä
New York, Boston, Philadelphia & Baltimore-
For freight and further, particulars apply tai-
453-
49/43% #7/6) 10/14
121/2
157/4
Sare
& CO., LTD.,
Agents
Reuter.
Mongkong & Shanghai Bank Bldg.
Talep
Notice To Consignees.
Anglo-American Belillä BarDA
Bettiah Borden
VM 8.8, ESANG”JAN
„Arrived 13th March, 1945.
May 19.35.45, July, 18.95, Septem-xchange with any country expers from Burma tothe From, STRAITS I CALCUTTA
* which wants to cooperate with | other, merüberg of the group, ber: 11.35 bidetek
No. 1 ribbed smoked sheets 19%, us", ADN quoted Orlopp as which would otherwise have to
---A Maristest- Peritonae Leaving-United Press,unknakkiseek Hollandarpplies,
Pacific For Cost Lime, I
Service
OIE TORO
SAN FRANCISCO
MONTREAL
"ALL"AMERICAN)1⁄2)
"Damsired cargo ex the above| vessel, will be surveyéd In the} | premises of the Hong Kong & Kowloon Wharf & Godown Co. Ltd between the hours of |10|| a.m.) and co pím von Thora- day 18th March, 1948.1%. Con zignanavaró, advised to 10
- their - Raprese
during
DODWELL &
THE EAST ASIATIC CO., LTD.
`OF COPENHAGE
M.V. "KAMBODIA
Loading about 20th APRIL:"
DEN. PORT,BAI.
S.S.YAN
SAILINGS