THE CHINA MAIL, MO NDAY, JUNE 28, 1948.
ROYAL INTEROCEAN LINES.
Incorporated in the Netherlands as...
KONINKLIJKE JAVA-CHINA-PAKETVAART LEJNEN K. AZ AMSTERDAMÉ
JAVA-CHINA-JAPAN SERVICE
Arrivala
“TJITJALENGKA" in port
"TJISADANE"
"TJIBADAK”
_from_MacoŠEDE..
& Juvúports Uth July
from MarasNUT #nd Juvaports 20th July.
Bailings
to Java Porta Macassar 7th July
Le Javaports Mucassur 21st July.
to Javaports
and Macassur 4th August..
ASIA-AFRICA-SOUTH - AMERICA SERVICE
*TEGELBERG"
"RUYS"
Arrivals
In part
from
South Africa South America 25th July
זדונו!
"STRAAT MALAKKA"
South Africa 18th August
Sallings
to Shanghal
& Japan
20th June 5 p.m. to South Africa,
South America,
12th July.
to South Africa South America via Manlia Straits & Batavia
75th August
to South Afrlen & South America via Malta Straits & Butavia 24th Sept.
Transhipment cargo on through Bs/k to Dar-Es-Salaam.
Mombasa, Zanzibar accepted on all sailings.
SUMATRA-MALAYA-CHINA SERVICÈ
Arrivais
-Ballinge
"VAN HEUTSZ“
from
to Straits &
H. Deli
B. Dell
BU July
"HRINKICH JESSEN”
and Straita wait Juur
from B DellTM
* Straits 10th July
to Strulls
&B Deti
18th July
Agents: HOLLAND-EAST ASIA LÍNE
*MARIEKERK"
"MOLENKENK"
-Tanks Avullable
f the bulk
*MEERKERK"
Arrivals
From Japan & Shanghai 28th Julie
from Europe, 20th July
7th Augusi
Sallings
to Europe
via Straits
29th June.
to Europe
via Stealta,
MKI AUG.
ath September
Transhipment cargo on through Bs/L accepted to
Atediterranean and Northern European ports,
Agents: SILVER LINE LTD,
*SILVERSANDAL”
Arrivals
from U.S.
Atuantir Ports MRI AURUST
Office Address: King's Bofdlog.
Sailloge
to Allantle Ports aru U.S. End August
Phones:
28016 & 28017
DE LA RAMA LINES
Loads
1
EXPRESS' CARGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
---LOADING DATES IN U.S.A.
Atlantic Coal
Los Angeles
Via
From
Atlantic Const
Los Angeles
For
Atlantic Coast via )
San Francisco
Date
Early July Late July
ARRIVALS
Date
Mid. July
Vessel
m.v. "TONGIAI" m.v. "MINDORO"
Vessel
my. "DONA NATI".
Mid. August m.. "DONA ANICETATM
SAILINGS
.1
рад
Date
> 30 June
& Los Angeles
m.v. “HALLAND"
}
-Mid. July
m.y. "DONA-NATI”
Atlantic Coast
Los Angeles
BOOKING AGENTS for P.A.L.
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
CHINESE SHIPPING OFFICE Tela, 29738—20153
KARINA HOUSE Tela, 28876--22670
CHINA MERCHANTS S.N. CO.
Telephone 215RS,
15 Connaught Road West.
SAILINGS
Shanghal June 28 Bangkok July 2
S.S. LIN SHEN
S.S. TSAI ER
(With Passenger accommodation)
Cargo for Teing-Tao, Hankow & Tiantain acceptable
on through bilia of Indlag.
· FOR FULL PARTICULARS PLEASE APPLY TO THE ABOVE
TAY KEE
GO.
STEVEDORES, TRANSPORTERS, & GENERAL CONTRACTORS
Suppliers of Janks, Barros, & Blesm. Launches.
·Special Work für Heavy Cargoos, rellahis
and reasonable shargem
Tels: 31518 & 28836. 5th Floor, Daviil House No. 67. Des Voeux Road, Central, Hongkong.
FINANCE AND
COMMERCE
CONSTERNATION OVER BURMA Nationalising Raw Material Sources Country To Leave Sterling Area?
London, June 26.
The recent speech by Burmo's, Prime Minister, Thakin Nu, has caused something like con- sternation in Londòn economic circles.
The Prime Minister has been reported by some sources as saying that he wished Burma's "financial centre" to return from London to Rangoon, and it is widely felt here that virtual- ly all of the country's raw material sources, such as mines, oil-fields and forests, will be nationalised.
ten
train Indian technicians to carry
The first point, some finan-through, it will contrast to the clul circles
only probable disadvantage of Burma think, сап
to-with the polley extensively in mean that Burma Intends
where British and, force in India, leave the sterling area because of this, some trepida-companies are for the most part tion has been expressed about being guaranteed a further the future of Burma's future years of life no, that they can rice exports which, up to now, on with the job after the British have been paid for in sterling leave.
On the second point, some of the must responsible companies On the question of compensa- At present owning mining, forest tion. British firms with interests and other leases in Burma fear in Burma are not very hopeful nationalisation will mean of ever being paid the full value that the Burmese authorities will of their losses.
that
*in future run these busic Indus-
PI Revenue Increase
Manila, June, 20.
Internal revenus collections of the Republlo continued to increase, according to latest official figures by the Bursau of Internal Revenue.
Collections for the month of May this year totalled mere than $10,000,000, which rapra- sents an increase of $5,000,000 over the figure for the month of May, 1947-Reuter,
Secret
British
Process
Carrying It Too Far?
The
to
· London, June 27.
said Financial Times editorially today that Govern- ment emphasis on the impor- tarice of synthetic rubber America may be carrying "strategic arguments too far.'
Board The Times quoted Tinde Harold. Wilson's statement that rubber
commodity could materially belp to "sirnight-
the world balanco out payments problem."
en
ns
AMERICAN PRESIDENT LINES, LTD.
REFRIGERATION—SPECIAL CARGO OIL TANKS –
CARGOÇAIRE-SPECIE
"General Melga" "Mount Rogers"
TO MANILA
July
July
"Marins Leopard"
July
TO SAN FRANCISCO
“General Melga” (yla Mantia___*___finam) "President Wilson (via Bhanghai)
July
July
"General Gordon" (via Shanghai)
July
TO SAN FRANCISCO AND LOS ANGELES "President Grant" (vla Köbe & Yokohama) -
June 20
"President Tafc"
July
2
"President Pierce"
July 7
July 20
"President Mckinley"
To NEW YORK, BALTIMORE and BOSTON
"President Llarding"
"Furman Victory"
via PANAMA
TO NEW YORK AND BOSTON
July 18 August 12.
L
VIA MANILA, SINGAPORE, COLOMBO, CÓCHIN, BOMBAY,
SUEZ AND MEDITERRANEAN PORTS
"Mount Rogers" (calls Karachi) "Marine Leopard" (calls Karachi o
of
of
That la true enough," the newspaper said. "Rubber is the principal export of the sterling area to the United States.
"The strategie Importance the synthetic industry to Amer- Ica must not be overlooked, But Wolverhampton, June 27. the Americans are preparing to Ductile Steel, Limited, claims spend an unprecedented suni on development of a new steel-European aid. making
process
will prove as revolutionary as the Bessemer furnace.
which
The new process the Company sold, will make it possible for
tries themselves without the help This is not because they are inrolling mills in England's Mid- of experienced British tech-any doubt about Thakin
nicians.
statement
"Surely it is reasonable to ask them to consider whether they might make some of that ald un necessary by their own netion."
Associated Press.
[NY Stock
Market
Nu's lands to cast their own steel that equitable com- blilets instead of bringing them for nationalised for in from steel works.
principle," "The rudimentary there entirely eign property will be paid
Ja
chairman, said the Company's because they believes Hall, is that light scrap, simply amongst the Burmese to permit Burma In fact lacks the sterlinKhich is easily obtainable and of
It is considered here, how-pensation ever, that insufficient technical knowledge
but
little use to steel makers, andl
It may be possible that other metals can be fused with Thakin Nu Win
New York, June 27. Railroad issues were heavy
model his a mixture discovered by our in-favourites in this week's stock compensation schemes on those ventor and melted into the finest market.
Europe he is re-quality steel ready for pouring favour them and into molds."
stata payment in
of this, and that if the British pecessary for such payment. personnel la withdrawn before they have had time to train their successors, the world may well lose for a considerable number of years, at any rate- Burma's substantial output of wolfram, As well as the tin; load and allver formerly pro. duced there.
Compensation
Several sourcea
have pointed out that, if this policy. Is carried
MAERSK LINE
of Eastern
ported to may offer bonds.
He sail the "other metals" and the mixture were a secret.-As- sociated Press.
NOT ILLEGAL
While the long popular alls ran intu bump spots and many Jend- ing Industrial issues bogged down, the railroad
group in midweek pounded obead to the highest average since August, 1940 and stayed there despite profit taking sales,
But if this method is adopted by Burma It is not Ukely to be Britain received. In any better
-The-overall-effect of--these than have been the similar_pro-
Shanghai, June 27. posals from Eastern Europe In
maneouvres was to lenvo the the companies whose properties The buying and selling of sil-
generol price level just about .have been notionalised.
ver and other metal coins is not where it was at the close of trad- Burma's
of sterling for illegal, according to a recent or-
ing last week. making comperisation payments der of the Ministry of Judicial ad-
The market started the week Notice To Consignees
have its may, however
ministration to the Shanghal Dis- with the sharpest overall decline bright It
the well-in more than a month. On Tues- mny serve to relieve trict Court, reports The M/V "MARCHEN fears about Burma's future rice known independent Chinese paper, day and Wednesday the price. MAERSK having arrived from exports since it should then that Te Kung Pao.
Average pulled ahood sharply, New York and Ports of call, Burma will need to export the Coins involved in such buying barely missing a new 22 month Consignees of Cargo are here- maximum quantity of rice in or-
peak. Thursday, selling pressure increased in late dealings. Friday, by notified that their goods der to earn sterling-Reuter.
the market tried a comeback but ure being landed and placed at
the buying wave was not big their risk and expense into the
enough. Hong-Kong-&-Kowloon-Wharf
& Godown Company's 'godowns at Kowloon, where delivery may be obtained as soon as the goods are landed.
Optional cargo will not be landed here, unless notice haa been given 48 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extends.
side
or selling are, therefore, not sub-peak ject to confiscation.-Reuter.
EXPERTS DID A GOOD JOB
Frankfurt, Junò 26.
Wall Street kept a close eye on
General Agents: Northwest Airlines
Lykes Bros. Steamship Co., Inc.
St. George Bldg.
July
1
July 17
Tel. Nos. 28172/28175
American Pioneer Line
Arrivals, from. New York, Boston, Other Atlantic Ports via Pariama
"STAGHOUND" "RESOLUTE" "COURSER”
“STAGHOUND" "RESOLUTE" "COURSER"
Sailings to Manila
July
July
July
July 19
July
July 31
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
"PIONEER BAY" "STAGHOUND"
Panama Canal -Special Cargo Oil Tanks
Duo July D
.Duo Aug. G
For-Full-Particulars-Gall
Bafls July 10
Salls Aug. 8
UNITED STATES LINES
General Agents
Queen's Building,
Tel. 31251 (3 lines)
H.K. & MACAO LINE
the Republican convention but S.S. "KWONG TUNG"
trading policy was little affected. For some weeks the financial dis- trict generally has belloved the next US. President will be a Re- publican. That bellef has gen- and will probably leverage on stock prices, this suni- mur-Associated Press.
exert some
SILVER AND
The men who enginoored the new currency for Wes-erated buying power this spring
torn Germany reported tonight that they were wall satisfied with the results of the first week. The United States and British mode=|| financial strategists, Jack Ben- No claims will be admitted nett and Sir Eric Coates said after the Goods have left the that the new Deutsche marks brought out quantities of Godowns, and all goods maining undelivered after the hoarded goods "beyond expec-
tations.' 3rd July, 1948, will be subject; to-rent,
re:
All broken, chated, and
-The experts told. a press. con- ference that the West German
TRUMAN SIGNS
TRADE-ACT
HONG KONG DEPARTURE:
15.00 P.M. DAILY
MACAO DEPARTURE:
10.00 A.M. DAILY.
GOLD MARKETS Yau Cheong Shipping Co.
damaged Goods are to be let financial-structure-will-be-mo the three-year continuation the of an ounce. e
in the Godowns, where they will be examined on 2nd July, 1948 at 10 am. by our Sur veyors, Messrs. Goddard & -Douglas,
Telephones: 31622, 20010
S.S. "KWONG SAI"
HỒNG KONG DEPARTURL
2.00 P.M. DAILY
MACAO DEPARTURE
3.00 A.M. DAILY Mow Sang Shipping Co.
8, Connaught Rd, W., 1st Fl. Telephone: 81605 Bubject to alteration without notice. For passage and Freight particulars please apply to above.
Bombay: Silver, Ready, per 180, Des Voeux Rd. C., 2nd Ph. Washington, June 20. 100 tolas 114 Rupees, 14 Annas; President Harry Truman today Forward, 174, 12; Marwari (un- signed into law the one-year ex-official) 174, 08: Gold, delivered, tension of the Reciprocal Trade
per tola 115, 00; Forward, (un- Act which the -- US Congress approved in place of 14, 08-One tola is equal-to-th Agreements
official) 115, 11; Gold, Sovereign
delled after the American sysadministration had requested. tem. Something like a federál
Buenos Aires:-Sovereign, buyers The
changes reserve system will be establish-
the 99.00, sellers 183.00; U.S. Eagles, ed under the zonal Barik of Commission a bigger role in the Bar, per gramme, buyers 0.800, procedure to give the Tarif
buyers 172.00, sellers 178.00; Gold, Deutsche Lander, Mr. Beunct negotiation of eny new duty-re-sellor and Sir-Erie-said-
ducing agreements which-may be sought-Associated Press.
RUBBER WAGE
withhold
measure
BOOST
Cleveland, June, 27.
uniquoted.
Alexandria Gold, per alir hem" 153 plast
153 plastres, Egyptian pound 470; Sovereign 482, Türköy pound 340; Napoleon 350, Dollar (plece de cing) 470; Silver (ploatres) per Kilogram 825. One "dirt- hem" is equal to 1/10th of an
To comply with the Gen- It was said that the Military eral Bonded Warehouse. Re- Governments, planned, to restrict gulations consignees must have the circulation of Deutsche marks à Revenue Officer, in atten- to 10 billion and that the French, dance when damaged dutiable British and United States oc-
cupation armies wil goods are examined.
approximately 76,000,00 new The third member of the rub-ounce, marks to conduct their business. Bet, ilustry's "big four" granted
Bangkok: Gold, Bar, per baht- a wage Increase of 11 cents weight of 15.244 grammes un- Sir Eric Coates sald that iron-hour on Saturday that raised to quoted Exchange Rate (Belling), elad credit control must be exer- approximately 68,000 the number, Bangkok on New York TIT. 20.40, claed to ensure success.
of workers recefying the boost. |London" (230 Hong Kong 3.72.
B. F. Goodrich Company and
All claims must reach us be- fore the 28th July, 1948 or they will not be recognized.
No Insurance will be effect-
ed.
JEBSEN & CO.,
---ågents: Hong Kong, 26th June, 1948.
He said: "We must shut our the Congress of Industrial Örzan- ears and horden our hearts to iation's United Rubber Workern' bard fuck stories until the eco-Infos-andduncedan_agrobment nomy settles down. If we lose covering about 17,000 employees. our heads and our tempers, we Price boasts in types arò, ex- shall have lost our entire operá- | pected да д result Associated tion."--United Frerm /
Press
Pacific Far East Line Inc.
Fast Regular Trans-Pacific Service
OVERLAND
NEW YORK.CHICAGO-DETROIT-TORONTO. MONTREAL AND ALL AMERICAN & CANADIAN DITIES.
DIRECT
SAN FRANCISCO ́LOS ANGELES
Arrives
Prod
1.3. “JULIA, «
LUCKENBACTI".
2.2.
“GREAT «REPUBLIO“
July 2
Ban Francisco
July
San Francisco
July 14 Ban Francisco
"nity" is Βία Francisco
DRY - CARGO
1.3. "SWARTTIMOORE VICTORY?
|8.8, "FLÉËTWOOD”.
REFRIGERATION
For
July 3 San Franci
via S'hat's Funati. July 7
San Francisco Via OklakWE July 15 Bari Francisco
vin Inchon Takú, Bar &. Kéko. July 10 Ban Francisco
via Okinawa
CARGO OIL TANKS
For full particnilary call: Ulemoral Akonta, “UNITED STATES LINES CO., Queen's Bldg. Töl, 11251.
Reuter.
AID FUNDS ALLOCATIONS
Paris, June 27. The commilies for European Economie, Cooperation will twelf decide on the allocations of gid funds to the various Marshall plan nations, M. Georges Bidault, the French Foreign Minister. tdid Assembly Foreign - Affairs Cordmission today,
the
M. Bidault dia (Hat Mr. Averell Harriman has decided t leave the responsibility of dis- tributing aid allocations to Euro- pean organizing-United Press
PEOPLE'S CONGRESS
of
Paris, June 27. The Executive Committee of the permanent Internationd Commission of the Congress the peoples of Europe, Asia andi Africa croated at: its fast meet- ing in Paris last week-end, to day 'sisted that the Committeb would have its headquarters i Paris under the chairmanship of the BritlahTM Socialist, Mr. Fei- Iner Brockway-Reuter
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND m.s. "FRANCISVILLE" m.s. "BOUGAINVILLE”
Y
4th JULY 6th AUGUST ARRIVALS FROM PACIFIC COAST m.a. "ROSEVILLE” “G....
27th JULY BAILING FOR SINGAPORE PORT SWETTENHAM,›
- PENANG & BATAVIA..
28th JULY
PASSENGER-ACCOMMODATION. BULK OIL TANKS
"Chinese Freight Agenta.
HOO FOOK PING
THE BANK LINE (China) Ltd.
•
~Apply?=
THE BANK LINE (CHINA) LTD.
King's Building. Tel. 27793
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN -
M.S.“ MORELIA
loading 30th June
... for
ADEN, ANTWERP, BOTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN
Tanks available for the carriage of all in bulk,
THE EAST ASIATIC CO., LTD. 1
Queen's Bldg., fnd flools
[