Fare
THE CHINA MAIL, THURSDAY, MAY 15, 1948, '
ROYAL INTEROCEAN LINES
Incorporated in the Netherlands an
KKONINKLIJKE JAMA-CHINA-PAKETMAART LIJNEN NAZ AMSTERDAM Á
JAVA-CHINA-JAPAN SERVICE
Arrivals
"TJITJALENGKA" from Amoy
"TJISADANE”
"TJIBESAR"
14th May
from Macasva E
& Javaports, 25th May.
from Japan 16th May,
Ballinge
to. Manlin 10th May, to Javaports & Macassar, 20th May. to Javaporis & Macassar, 0th June.
to Macassar
& Jdveports
28th May
ASIA-AFRICA-SOUTH AMERICA SERVICE
Arrivale
Sailings
from S. America Salling to
"STRAAT MALAKKA"
S. Afrien
"TEGELBERG"
"RUYS"
7*
19th May.
from
South America,
South Africa, 10th June
frum
Bouth Afrina Bouth America end July
Shanghat &
Kobe
21st May
to South Africa,
South America,
via Manila & Straits
6th June
to Shanghat
& Japan
12th June
to South Africa,
South America,
29th June
to South Africa
South America
Mid August
Transhipment cargo on through Ba/L to Dar-Ed-Balzam
Mombasa, Zanzibar accepted on all smiling. SUMATRA-MALAYA-CHINA SERVICE
"HEINRICH JESSEN"
Arrivals
In purt
fruin Amoy & Swalow Juth May
from B. Dell
Ballings
to Swatow & Amoy 13th May
to Straits &
Belawan Deli
20th May
to Swatow
& Amoy
31st May
"VAN HEUTSZ”
& Stenits
29th May
frum, Amoy
to Straits
& Swntow
& B. Deli 7th June
fith June
Agents: HOLLAND-EAST ASIA LINE
"RIDDERKENK"
"MARIEREKE"
"MOLENKERK"
Arciyala. SailingsTM
from Japan
& Shanghai
29th May
from Eumpa
5th June
from Europe. early July.
to Europe
vla Streita
31st May.
lo Europe via Straits
7th July to Europe
via Straits,
late July,
Transhipment margo on through Be/L accepted to
Afediterranean and Northern Kuropean ports.
Agents: SILVER LINE LTD.
"SILVEROAK"
Arrivals
Sallings
from U.S.
to US.
Atlantic. Ports, 9th June
Office Address: King's Building.
DE
Atlantie Porte,
10th June.
Phones: 28016 & 28017
LA RAMA LINES
WXPRESS CARGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTE
LOADING DATES IN U.S.A.
Lands
Date
Ritanije, CouNÝ....
Mid. May Mid. Jana
Los Angeles
from
Alanie Compi
Los Angeles -
Fre
Los Angeles
San Francisco)
& Los Angeles )
Late June
ARRIVALS
Date
22nd May 12th June Blid. July
SAILINGS
Date
17th June Mid. June MIA. July
Mid June
m.. "DONA. NATI”................... M.. "DONA ANICKTA" M.T. "TONGHAI"
Vessal
M.V. "BALI"
13. "DONA AURORA” 1.v. "DONA NATI”
8.1. "DONA AURORA" m.v. "BENGAL"
... "DONA NATI"
#.V. "HALLAND"
BOOKING AGENTS for P.A.L.
THE DE LA RAMA STEAMSHIP CO., INC.
HARINA HOUSE
'(Incorporated in the Philippias) *
CHINESE SHIPPING OFFICE Tels. 28788-20153
Tuis. 20676-22670
MOW SANG SHIPPING
COMPANY,
_1._Connaught_Road, W, Ist Floor.__Tel No. 31505_
HONGKONG & CANTON LINE
...S. WONG SAP
HONG KONG ÞEFÅRTURE: 14th May, 11.00 p.m. 16th May, 11.30 p.m. 18th May, 12.00 m.n.
CANTON DEPARTURE:
15th May, 11.00 p.m. 17th May, 11.00 p.m.
19th May, 11.00 p.m.
SUBJECT TO ALTERATION WITHOUT NOTICE.
For Rassiyo and Fraight Fastléntaru plokse apply`to`abors.
SAILING DIRECT FOR BANGKOK
S.S. "PRODUCE”
LOADING 13th & 14th,, MAY, 1948: SAILING 15th MAY, 1948
*** For freight paritmulare, apply ter
JEBSHUN SHIPPING CO.
03 BONKAM STRAND, WEST.
FINANCE AND
COMMERCE
US ALLOTMENT FOR CHINA First Essential Civilian Supplies
London
Stock
Exchange
AECURITIES: British Coola, 2
London May 11,
.......77./18.
·Conversion Leown, $%%, 100%
112- Funding Lean, 1980/90
102.9/14 04-8/16 214-
War tome, $144, 1952 War Loan,
Victory Donde, 47%
RAILWAY SHARES.
British Transport 1%
INDUSTRIALS:
British American Tobacco (of
G. 1. & Ireland). Denton. Rubber Co., and Imperial Chemical Indust, ord. Limpertal Tobacco Cs, pot G.
| OIL'SBARES:
Shell Transport Trading Co SHIPPING:
96-15/16
Rice, Cotton And Petroleum
Washington, May 11.
The Economic Cooperation Administration tonight authorised the purchase of US$36,500,000 worth of foodstuffs and other commodities as gifts to China under the foreign aid act.
Hong Kong Stock Exchange
steady
-
A quiet marnlog, rules companied by awelective enquiry,
4% Loan 101.
#% Loan (1984),100%b $497% Loan (1968) 1013⁄41⁄2®, DANES
The allotment, the first for China, includes US-BK GOVT. LOANS
$13,500,000 for cereals and rice, US$13,000,- 000 for cotton, US$8,000,000 for petroleum, US$1,500,000 for fertiliser and a US$500,000 reserve, mostly for reconstruction surveys. "The initial programme is sent largely from the Persian intended to provide a continu-Gulf. None will be shipped from INSURANCES
ed flow of certain essential civi- the US. Jian supply imports," said the announcement of ECA ad- |ministrator Paul Hoffman..
to
IX. & 8. Ilank 20995, 2070/80
(Land Row) £120. Chartered Bank £125. Mercantile k. A. ♣ B. ELIN®, Bank of East Aula 146n, 145am.
Cantan in X. D. 890s.
Union Ine. X. D. 71gb, 7800, Tibe China Underwriters Ju. H.K. Fire I. 100. SRIPPING—
Douglaser 140n.
ILK. & M. Steamboats 15. Indo Chinga (Pref.) 100.
(Def.) 100.
Abella (Bearer) 79/61⁄2 m
U. Waterboats lin.
CK, WAIVER, GODOWNG, ETC.
The U8813,000,000 proposed about for cotton will finance 66,000 bales to feed into China's "Targest single Industry. from The outlay will corne
The US$1,500,000 for nitrogen US$50,000,000 which President fertilisers will provide funds for Harry Truman ordered the Re- the purchase of China's share of construction Finance Corporation that commodity. The Internation-
available make
ECA al Emergency Food Committee sending final Congressional ap- has allocated that amount, but buy propriations of the US$338,000,000 China has been unable to China old funds.
It for lack of foreign exchange.
Hoffman said that "essentiality" The cereal shipments will in- was the basis for selecting the
They clude 80,000 long tons of wheat commodities.
those or flour from the US and 57.000 designed to contribute most un- long tons of rier from Slam and der present circumstances to the LANDS, HOTELS, BLUGS. Burma. The petroleum will be welfare of the people
and to economic stability within that country," he said,
B. Ireland)
16
Reset Durch Co.
(P.0, 8. Co. ord
GULTEDGED;
Fundior Land, Nations Was
1949/51
|B12/01
1084/88
1981/63
22.%
2-81/32
68/4%
101-
101-14 202- 102 101-20/32 Savings Bondo, 22, 1988/65 .. 101-36 Bavings Donde, Est, 1000/70
..10016
09-7/16 Savings Bonde, 2%, 1965/75 Exchequer Bonda, 1% 1950 100-10/10 Iedemption Block, A, 19я/BG FOREIGN BONDA Berman inn (Dawn) 75% Japanese K. 1901741 J..... 5% Japanese 126, 1924/09 ......
31. Jap... Manchurian Rly. 5.
Honda, 2541
10
P.12
25
DANKE!
Chartered Bank of 1. A. & C. 12-7% 11.K. What Banking Curn, 120-14 Mercantile Bank of India “AN 22-%
~Reuter.
SILVER AND GOLD MARKETS
London: Silver,
Spot,
N.Y. Stock Market
New York, May 17.
the rellent seautor of the In
DAYL three weeks, stocks on Tuesday hit w
although Caverage High since last July fine proti cashing put maný market Jenderf ounce 45d; Forward, ne ounce in the minute ranks. Bome of the buy•: 45d; Bur, Gold, per fine ounce in agatu 17273
Aro
China
The funds will finance ship-1 ments made after April 3, when the foreign aid act became law. awaiting shipment. or those still- They will also permit the start of and buying of cereals in May June.
"With the exception of cereals and rice, all the dealings will be handled through private trade channels, Mr. Hoffman, sald.-- Associated Press.
Dollar Too High
infalionary w based on maychology and business optimism.
Gains of fručtlupa to In pont prê
Transfers
1,750,000
Pacine
H.K. & K. Wharvmm (0) 185xa,
(N) 101. H.K. Dock 8435, China Providente 254, 74. Bhai Dockyards X.D. 371⁄2en. MINING
Raub Mines 4.700. M.K. Mine 096.
IL B. Hulein SMB. II.K. L 13,
B'hal Lamis 6545, 60, Humphreys Estaten 24. R.K. Réaltier 18, Chinese Existes 188n. PUBLIC-UTILITIES
H.K. Tramways 2th, 241⁄4%*, 2ùa, Pank Trans (Old) 22n.
(New) 1. Star Ferries $28.
C. Lights (O}d) 18 % 5, 25 35 «, 25 16/14 ma.
(New) 2b, 20% om,
H. Electric Dem. Macao Electrics 20h. Bandakan Lights 120. Telephones (0%) 48% (New) 48va.
INDUSTRIALS
Cald, Heeg. (0%) 21% 25»». Canton Ice 10.
H.K. Ropes 18%, 15%, STOREA
New York: Silver, Bar, (asked dominated. price) 74% ets.; Bar, Gold, pershares. Galners included Allied Chemical, Ane ounce (official) $35.
Western Oil, Standard Oil of Bombay: Silver: Ready, per Ublu. Among stumblers were Douglas 100 tolas 180 Rupees, 02 Annas; Alterati,
Aircraft, Lockheed, Forward, 100 tola 180, 02: Northern Pacific
ward, per Marwari (unofficial) 180, 11.
Gold: Delivered, per tolu 118,20 Industriata 283:70-15-Rails-58.12,-10 Field Marshall Jan Christiarne, Crawford 858.
00: Forward (unofficial) 118, 02; Sovereign 75, 00.
One tela equals to 4th of an
ounce.
ers
United
Dow Jones
Utilities 14,70.
· Averages :---Ötök
65.00.
Johannesburg, May 11..
The value of the dollar in far; too high and must come, down
Dairy Farms (Old) Sdn.
(New) 550,-
Wations (Old); 88% &, 2016«, D5%/%on.
+ (New) Bio, 51 Km.
Sincares An.
China Emporium 12%.
Bun Co., Ltd. 6.
Kwong Bang Hong 19TH. Wing On LK.) X.D. 1321⁄4 tu. Wm. Powell, Lu. 12. MISCELLANEOUS
▸
China Entertainments 25.
Smuts, South African Prime Closing exchange-Adams Express Minister, told a Rotary Club lun- 20%, Almka Joneru 14. American Cat Cheon in Johannesburg today. 80%. American Smelling 584. Am- Но was suggesting two way! erican Telephone 134, American To of dealing with unbalanced world
American Waterworks.trade. Buenos Aires-Sovereign, buy bacca 50%.
Corp, Copper 37, Aviation 80.00, sellers 87.00; U.S. Anaconda
The dollar could not be main- Baldwin Locomotive 241⁄2, Barnadal Eagles 130.00b, 180.00s; Gold, Bar,13%, Bendix Aristion 14, Bethlehem tained at its present height, he Per Gramme 8.40b.
Steel-15, Boeing Alterall 28%, Bor- said. If the dollar price of gold Bangkok:-Gold, Bar, per balit-den Co. 40%. Caredian Pacific 16. went up the whole world would weight of 13:244 Grammes, 533 J. C 18%. Chrysler 6, Colgate be affected, particularly ticals: Exchange Rate (Selling), 42. Coatmercial Solvente 24%, Cora Africarling must be kept RUBBER, ETC. COMPANIES Bangkok on New York T.T. 20.35, Products 60%, Dupont 1781%, Eastman Secondly, London 00.30, Hong Kong 3.67.
Paris
Free
1.K. Constructions (0) #n) (N) Bn. Vibro Piling 141⁄2n.
Haraman Investments 13/âu. Mareman (H.K.) 1.40.
Sout!.COTTONS
Kodak 4. Electric Light & Power 19%. General Electric 17, General Mo stable. "Do not let it be devalued. Gold Prices
57 Goodrich 68%. Goodyear It is low enough already," the Napoleon 3,925 Fr., French 10 %. Homesiske Mining 185, Interna Premier declared, -- Associated franc coins 1,830, Swiss franc int Harrester af, Internationat Pa- Press. 3,700, Union Latino 3,625, Sover-mer 58%, International Tel & Tel 18%. eign 3,100, Half Sovereigns 2,250, Johns Manville 89%, Kennpool Copper U.S. Doliar coin ($20) 19,400, U.S. 54, Montgomery Ward 60%. Nationa! National_Loud_345%. Sover Daler 10%. Dollar coln ($10) 9,100, elms (in free dollars per ounce) New York Central 164 Packard Ho term 4%. Fan American Airways 9%. $70.8, Napoleons (in free dollars Pennsylvante RR 10% Radio Corp. 18. per ounce) $08.0, U.S. Dollar Repubile Steel 254, Reynolds
Paris
Free
Tobacco
Ewos 25.-
Angionľava 81⁄2ð. Consolidated Ituhbars 34. Kote Dabroo Zs. Padang Rubbers 1.3s. Rubber Trusts b. Bag Rabbers 154, Shanghai Pahor 24. Tanah Merah.. Tabang Rubbers in Ziangda Rubbere da,
Money Market
Notice To Consignces m.v. “KOOKABURRA” notes (in black-market) 335. 14%. Bebenleg 28%, BearI Noebuck
From North West American Market Rates 89, Shell Out 40%, Botony Vacuum Ingots: Fine Gold ingats, with 20%. Southern Facine $5%. Standard Ports, San Francisco, Manila, delivery of Counterpart
Brands 27, Standard Oll of Calif, . arrived 11th May, 1948. per
Bulls on the gold market had Without Standard Oll of Nu J. 78%, Btudebaker gramma 284/241 Fræ.
Damaged cargo ex this vessel to lick their wounds yesterday. Counterpart 485/520: Silver in- 25% Union Ha 16, Union Carbide
(1945, US Rubber 45%, UB Beel 77%. will be
in surveyed
the when the price dropped to a now gols, per Kilo 8,700b, 6,500; Lines 10, Wloghou 2354. Platinum
premises of the Hongkong &low at 310.26 a tael, though at Ingots, per Kilo Youngstown Bheet" à Tube 79. Gen. 800,000b, 855,000¤.—Reuter.
Pub. Uillitsen 118/5—Associated Press.
Kowloon Wharf & Godown Co.. the close of the market the rate Ltd. between the hours of 10.00 improved to $310.25, a.m. and 11.00 a.m. on Tuesday, and it remained fairly steady and The market opened at $310.00 15th May, 1948.
actually climbed to $321.75 until
CHINA MERCHANTS S.N. CO.
18 Connaught Road Weck.
S.S. CHI KUANG
S.S. HAI SHIA S.S. HAI FEI
SAILINGS
Telephone 11613,
Bangkok May 17 Singapore May 18 Singapore May 22
Cargo for Talog-Tao, Kankow & Tlentdi acceptable.
on through bills of lading.
FOR FULL PARTICULARS PLEASE APPLY TO THE ABOVE
Consignces-are-advised-to reports of a drop in gold price in France “Improvement in the New York cross-rate
have their Representatives pre- London sent during the Survey.
started a nine-point drop lo
1812.75 at the tifin interval, Tho Consignees are warned that decline continued to $310.25 in claims for damage or shortage the afternoon. Rumours which may not be accepted. If the suddenly came from nowhere that damage is not surveyed by a large shipment of gold from Messrs. Goddard & Douglas In Bangkok destined for Hong Kong, the preachce of Consignees Re- had been seized by robbers, the market to reverse presentatives, at this appointed caused Lime,
gear and to climb back to $310.25 at the close.
MOLLERS' (HONGKONG)
LIMITED.
Agents to Pacific Orient Express Line.
Pacific Far East Live, Inc.
Fast Regular ↑ Trans-Pacific Servico
OVERLAND
"NEW YORK-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL, AMERICAN & CANADIAN CITIES,
DİRECT
İSAN FRANCISCO LOS ANGELES"
VESSEL
Arrives
From
In portTM
May 19 May
Juna
San Francisco.
Ban Francisco
Ban. Francisco,
San Francisco
16, "GREAT REPUBLIC”" |2.3. "PACIFIC, BEAR”
"FLEETWOOD""
"NEW WORLD
VICTORY"
RIGERATION O #DRY CARGOL
full particulars call Ceneral Agents, UNITED STA
Balta
For
May 13 San Fraticisco
May | 20 | San Francisco
May 13 Ban: Franci
June2 San Francisco
CARGO OIL TANKS
Plastres had a quiet day, open- Ing. at $10.65 a 100 and remain- ing nominal at this rato in the afternoon.
un-
Chinese National Currency futures opened at 5.25, cts for. CN$10,000, and remained changed throughout the day, Spot opened at 5.0 cis, dropped to 6,8 cls_and 'closed at 5.85 cls.
Ticals were again unchanged at $25.50a 100, and NEI Guilders were firmer at $43.00 a 100,..
U.S. dollars again altimpeil rather heavily to $5.33 after open- ing at 85:41 in the morning,
Sterling appreciated further to $14.50, while Austration pounds were unchanged at $12.54.
DEAD MAN ON ALL TRIAL
Berchtesgaden, May 12..
· Martin” Börznano, Hiller's des puty, presumed killed in. the last hours of the battle for Berlin, will be formally tried in, his ab- sence on June-150
«! If he la déclarad ́a major Nází, his property can legally be con fiscated. The legend: that” hala alive persista!in: Wermany.———Reu-'
PRESIDENT.
LINER
Sailings
REFRIGERATION—SPECIÁL CARGO OIL TANKS— 1 **
CARGOUATRE-SPECIE
TO SAN FRANCISCO
·8,8, "General Msigs” (via Manila & Honolata)... 8.6, "President Wilson" (via Shanghai) i.......... 8.8. "General Gordon (via Shanghal).... B.8. "President Cleveland" (via Shanghaḥ)
TO SAN FRANCISCO AND LOS
8.8. "President McKinley"·
88. "President Jefferson“
S.S. "President Madison"
8.8, "President Harding"
May 18
... May 25 June. 12 Jung . 10
ANGELES
May 20
June 1
'June 18
June 15
TO NEW YORK BOSTON AND HAVANA VIA
MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, SUEZ AND ́ MEDITERRANEAN PORTS
5.8. "President Polk" (calls flavana)
8.8. "Marine Fler"
9.8. "Mount Mansfield" (calls Karachi)..................
8.5. "Mount Davis"
May 17
May 22 June
4
June 19
AMERICAN PRESIDENT LINES, LTD.
St. George's Bldg.
Tel. Nos. 28172/28176
Armerican Pioneer Line
Arrivals from New York, Boston,
Other Atlantic Ports via Panama
"TIONEER SEA"
NODGE EMR_S
May 10
"PIONEER TIDE"
Jane
"PIONEER HAY" "STAGHOUND"
June 22
July
"COURSER"
July
Sailings to Manila
"PIONEER SEA"
May
"PIONEER TIDE'
June
"PIONEER BAY"
Juná
-"STAGHOUND".
July
"COURSER"
Jula
Sailings to New York, Boston, Philadelphia
Baltimore & Other Atlantic Ports via
Panama Canal
-Special Cargo Olj Tanks--
•
"PIONEER LAKE"
Duo May 18
Sails May 17
"PIONEER COVE" "PIONEER SEA" "PIONEER TIDE"
Due May 26
Balls May 27
Due June 6
Sails June 7
„Dua Jund 24
Balls June 25
For Full Particulars Call
UNITED STATES LINES
General Agents
Queen's Building,
Tel. 31251 (3 Unes)
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLANDTM ms. "CASTLEVILLE"
m.s. "FRANCISVILLE”
ARRIVALS FROM PACIFIC COAST
SAILING BiK JUNE
8th JULY
24th MAY SAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA.
25th MAY
m.s. "FRANCISVILLE"
PASSENGER ACCOMMODATION. BULK OIL TANKS---|
Chinese Freight Agents.
·HOO-FOOK-PING-
THE BANK LINE (China) IAG
Apply:
THE BANK LINE (CHINAYLTD.
King's Building. Tel. 27792
The SWEDISH EAST ASIATIC Co.,Ltd.
M.S. "BALI"
Loading Hong Kong 23rd May
·for
ADEN, PORT SAID, GENOA, MARSEILLES, ANTWERP, ROTTERDAM (AMSTERDAM)
· COPENHAGEN, OSLO and GOTHENBURG. Tanks available suitable for the carriage of oil in falk.
For further particulars apply to:-
GILMAN & CO., LTD.
Agents Tel. 81146
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
།
M.V. "KOREA"
Loading about 5th June
for
́ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN
Tanks available for the carriage of ell in bulk.
THE EAST A ASIATIC CO., LTD.
Queen's Blig, fod floo