THE CHINA MAIL, SATURDAY, JULY 17, 1948.
ROYAL INTEROCEAN LINES
*Incorporated in the Netherlands as
KONINKLIJKE JAWA-GIKA-PAKETWBART LIJNEN HL VL AMSTERDAM É
JAVA-CHINA-JAPAN' SERVICE
TJISADANE”
"TJIBADAK"
- "TJITJALENGKA"
Arrivals
from Amoy . 19th July.
frum Macaenor and Javaports 20th July,
from Macassar
A Javaporis
3rd August.
Ballinge
tò Javaporis & Macassar 21 July
to Javaports
and Macassar 4th August.
to Javaporto
& Macassar
19th August,
ASIA-AFRICA-SOUTH AMERICA SERVICE
"TEGELBERG"
Airlinta
In port
"RUYS"
from
South Africa
South America
Zial August
"STRAAT MALAKKA" from
է
South Africa 14th August
Ballingi
to South Africa. & South America
via Manila
Stralis & Batavia
17th July 5.00 pm,
to Shanghai
& Japan
4th August.
to South Africa
South America
vin Manila
Straits & Buinvia
23rd August
10 South Afrlen & South America vla Manila Straits & Batavia 30th Sept.
Transhipment cargo on through Ba/L to Dar-Es-Salaam,
Mombasa, Zanzibar accepted on all szilings,
SUMATRA—MALAYA-CHINA SERVICE
"HEINRICH JESSEN"
"VAN HEUTSZ“
Arrivais
from Swałow & Amoy 17th July
fron B. Deli
& Strulls
316 August
Sailinga
to Straits
A B Dell
18th July
to Siwntow
& Amay
4th August.
Agents: HOLLAND-EAST ASIA LINE
"MOLENKERK"
Tunks Available
for oil in bulk
"MEERKERK" "ANNENKERK"
Arrivala
from Japan
A Shanghai,
20th July.
from Europe
7th August
from Europo
End August
Bailing
to Europe
.
vla Mastila & Straits
28th July,
to Europe
Tla Straits
8th September
to Europe
via Straits
Mid September
Transhipment cargo on through Bá/L accepted to
Mediterranean and Northern European ports.
Agents: SILVER LINE LTD.
"SILVERSANDAL"
Arrivals
from U.S. Atlantic Ports Mid August
Office Address: King's Building. Chinese Agents: 82, Connxv xht 'R4.,
Sallings
to Atlantic Ports
and U.S.
End August
Phones: 28018 & 28017.
Tel, 31196 & 21535
FINANCE AND
COMMERCE
STERLING BALANCES PACT Agreement Between Britain And India
Hong Kong Stock Exchange
*It is difcolt to follow the trend of the market which is in a seleçtive mood. The amount of business transacted this wich han again bern, on
moderate bastu.
Quotations have kept remarkably sy and, any pressure to sell remains absent,
The Hong Kong Bank has declared iniurien dividend of £t free payable
on the 24th pton.
IEK, GOVT. LOANBI
4% Loan 10lb.
84% Loan (1974) X, Int. 100p.
Loan (1948) X. Int. 100 b.
HANKS:
31.8. & R. Bank 205th, 2000, 2010/to
Hom, Bew) 116. I Chartered Bank 211. Mercallie Dark A. & D. £22% 1. Bank of East Aufu 14In.
INSURANCES:
Canton Ink, 27.
Union In. 1608, 760, 100.
China Underwriters 71⁄2n, ILK. Fire Ins. 290b.
SHIPPING:
› Douglases
201m.
JL.K. AM. Nteamboat
161⁄4b,
|
Indo China (47) Põhi (Del.) 294H. Shells (Heater) 18/3n.
U. Waterbunta 16b, 35, 17/7
HIGHLIGHTS OF ARRANGEMENT
London, July 15:
The following are the highlights of the agreement between Britain and frdie on India's sterling balance signed in London on July 9 and pub. fished today:
In view of the current level of the balance in India's No 1 Account, no further transfers from No. 2 to No. 1 Account will take place in the 12 months ending July 30, 1949.
Dealings. In Securities
London Stock Exchange
Landon, pl 16.. Block-brokers arrived at their offer today.. folbi hit 'Lá ruinh publication, of the Rasalin reply to the three-power sote.
šarly
Z www good deal of healtancy in the Block Exchange when desllips' start. c Prices in most ́adetlond ward mærkel lower in unticipation of siling arders. Later, however, ledding” ládéstriálu par- Wally recovered their earlier jouan buh severthelwe the undertone in mil svetloña De- remained very soft and sensitive. clines on the day snovated to 's how
altedged stocks' realstad the
my until midday, when wecanlonial los of 1/16 appeared.
Maximum transfers from No. 2 to No. 1 Account of £40,000,000 In each of the two ensuing years will take place, but no transfers. are to
London, July 15. the take place unless balance on the No. 1 Account at Notices posted at the Lon-pério anty. the end of any month is less than don Stock Exchange today £60,000,000,
...outlined new restrictions on India's net drawings of hard currencies from the central ro- dealings in British securities serves in the 12 moythe ending by persons living outside the June 30, 1949 not exceed the Sterling area. equivalent of 16,000,000. Hard currency drawings In the ensuing two years will be nego- tiated later.
South African talase were offered by
develop.
local operators and there were some sharp fattial fails, Belling did not however, and prices began to recover an some beer clostar. SECURITIES:
The Bank of England, it was
7434 Confiralot Loan, #%*%, 1981.. 20434 annunced, will limit issuance of British Console, 25g .... the licences required by non-Yunding Loan, 4%, 1900/00., 113 India will pay £100 million for residents to switch holdings from War Loan, 34%, 1962 the defence stores and fixed assets one security to another.
War Loan, 8%. taken over by the Government A Bank of England spokesman Victory Bonde, e
securities have DOCKS, WHARVES, GODOWN, ETC. of India (before partition) on said that
been. British Transport, 8% Into 13 April 1, 1947. This payment will divided
Portland Cement will be per Dritish American Tobacco North Point, Whieven Ab, n, Dun, be a full- and Anal settlement for ordinarily switches and that 1 INDUSTRIALA:
British Celanees, ord the governments of both India mitted only within the groups.
But licences for switches willis, & P. Conté, ord, be
Issued on a broader basis to Courtaulde, ord.
H., K. Wharven (03.2586, 2050m, 3,246 (N) 160n.
HK. Docka 2ONU, BENA, KRĒMA,
Chin Providente 296, 2555, 23.10km.
Shanghat Dockyards 18n.
MININGI
Hub Hines, n
ILK Miner „010.
<
LANDS; HOTELS & BLD09.1
Hotels 180, 1.
A. Landa K2«, 12an,
Shanghal Landa 5.10b, 6%. Humphreys Estates 12%.
H.K. Hestilen 18a.
Chinese Estates 1900.
PUBLIC UTILITIES:
H.K. Tramwayn 22%5; 2844#, 25km. Peak Trams (Old) San; (Nowy 12n,*
Biar Forries 1976, 188/75/kas.
C. Light (028) 24,20%: (New) 20%. 1.R. Electried 44%, 45\26, 480m. Macao Electrics 14.
Bandakan Lighte 18% ny
Telephones 425, 441.
Abanghal Gen 61⁄2ận.
INDUSTRIALE:
Cald, Mac. (Ord.) 26b
Canton Tees 7.
Cements X.D, 4%, 41, 42%/timo.
R.K. Ropes, 18%, 10%).
#
STONES &c.
DE LA RAMA LINES
Londe
EXPRESS CARGO LINER SERVICES
TO AND FROM PACIFIO & ATLANTIC COASTS
LOADING DATES'IN U‚§ ̧A ́ ́-
Allatio Consi
随
Los Angele
From
atlantic Comes
vis
Los Angeles
For
Atlantic Coast
Los Angeles
Date
Mid. July Early Aug.
ARRIVALS
Date
24th July 19th August
SAILINGS
Date
28th July
Trasel
m.v. "TONGHAITM
m.v. "MINDORO"
Vessel
m.v, "DONA NATI" m.v. "DONA ANICETA"
M
Yeast
m.v. "DONA NATI"
24th August MLN. “DONA ANICETA”
BOOKING AGENTS for · P.AL.
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
MARINA HOUSE
Telm$2867622075
:
CHINESE SHIPPING OFFICE * Tel. 38788-20158
ISBRANDTSEN
Fabrandisch Company Ina.
20 Broadway,
New York
STRAITS • INDIA * PERŠÍAN GÜLP • MEDITERRAŃRAN UL. À CONTÍNUện 4 w skór * A. JAMÈRICA”
STEAMSHLEY DIVISION
SA FROM ÜNVANISHAILS
FAR HAST
Dairy Arma (2) DỊ GIA ĐỊN
(New) 51.
Watson (Odly 62% b. (1«. 85/612en.
[New] 58, 596; 1815uR. Lane, Crawfords -65%,
44
Hinceres 78.
China Emporium 12.60s,
Bun Co., Ltd. 4.708.
Kwon Dung lieng 10ôn
When On ALK.) 1801.
Wai. Powell, L. X.D. 12. MISCELLANEOUS
China Entertainmenta en. H.R. Constructions (0) Vibros (Old
- {N)−#n;
10b; (New) Bb. - Markman Investments 18/8. "Marsman ((IX) TYD. COTTONS:
Evo 166, 171, 189** QUABER, ETC. COMPANIES:
AugkJ
Consolidated Rubbers in. Kota Bahro 2a.
Padang Rubbara 1.407, Rubber Trata 4a. Hem Nübbers · 1 1⁄44.
Shanghai Pabank 2n.
Toush Merahs 14. Tehong *Nubbers .9ln. Ziangbe Rubbers T ~~Heuter.
SILVER AND'
GOLD MARKETS
Bombay Silver: Ready, per
and Pakistan.
.+
The sterling pention obliga- tions of the Dominion of India persons who have held specifle Duales Rubber Co. ord.
Pine Cotton Spinner will be captitallseso at £147,- securities since May 1, 1947.
Imperial Chemical Industries. Non-resident security holders Imperial Tobacco Co. 805,128 and those of the pro- vinces of India at £20,816,341. will still be able to transfer Into Indian Iron & Biel Co., ard. Britain will help India to ob- British Government securities or tain imports, including non-fer-stocks-Associated Press, rous metals: cottons 'and plywood.
Pakistan's Agreement Money
The discussions on
Pakistan's
Market
sterling balancea in London were In another active ression yes. concluded on July 14 by the ex- terday gold touched $331.75 a tael change of a series of letters be- shortly after the market opened tweenh the Chancellor of the at $329.50. It eased off to $330.25
Sir Stafford Cripps, at the tipin interval. This after Exchequer, and the Finance Minister of Pa-noon was quieter, and the market kistan, it was officially announced, closed at $320.25. today.
The letters will bat published next simultaneously in London
and Karachi.
Exche-
Lowest rate of the day, which was in the afternoch, was $328.25. Deliveries fotalled 8,550 taels, of which 5,580 were official and 2,000 unomcial.
Levers Brothers
Marks & Spencer, ord. Pinchin Johnson, ord Btandard, Motors, ord. Vickers Lid, ord. Woolworth (PW) OIL SHARES,
| Anglo-Irisien d
Allock DI Bure Off Co, ord. Trinklad Leasthölda Mexico Eagle Oil. Co. Royal Dutch Co. shell Transport Venesuela Oil
BANKS Chartered Bank
AMERICAN PRESIDENT LINES, LTD.
KEPRIGERATION—SPECIAL CARGO ÓIL TARKE.. Kékessa CARGODAÏAN SPECIE
TO MANILA
"Marine" Leopard". "President Buchamin” ...........ia
TO SAN FRANCISCO
"President Wiljon” (via Shanghai) "General Gordon" (via Shangtial) .... "President Cleveland" (via Manita)
July July
July 17
... August 1
............................ August
TO SAN FRANCISCO AND LOS ANGELES "President McKinley" (via Japan and Honolulu)
"President Jefferson"
"President Madison"
**** July 22
August
August 14
To NEW YORK, BALTIMORE and BOSTON vin PANAMA
Solomon August 1s
8
"Furman Victory" (via San Francisco). "President, Tyliz” (via Ban Francisco)
A
'ROUND-THE-WORLD
VIA' MANILA, SINGAPORE; COLUMBO, BOMBAY, KARACHI.
BUEZ, ALEXANDRIA, 'NAPLES, GENOA, MARSEILLES, NEW YORK AND BOSTON.
"Marino Leopard" (calls Bombay)
July
"President Buchanan" (calls Karachi & Bombay) "President Fillmore (calls Karachi)
July
August
General Agents:
Northwest Airlines
Lykes Bros. Steamship Co., Inc.
St. George Bldg.
1024
204%
114
.... $%
72/4
TH
10/75
89/116
1/4
(1/4
45/8
-1/24
19/2
"RESOLUTE"
4677%
*COURSKI"
10/43
51/9
10%.
26/1
"STAGĦOUNDY"
77/45%
"RESOLUTE".
"COUBSER“
130/433
82/R
60/2014
10/10
11/1
201
3.13/14 113/4
11*
“RTAGĦOUND" "RESOLUTE”
22%
tợng: Koof & Shanghai Bank T15% Méreantila, Bank MINING SHARES: Orange, Pris, State Investmen's ́ 48/73% 15/AR West Hind
25/74/
Free Blaten Duvalopmenta
The Chancellor of the quer will make a statement in the House of Commons on Thursday, Plastres opened at $1160 a 100 Bait Halens .... July 22, it was added. The firlan~) and closed at $11.65. clul discussions with Pakistan proceeded
simultaneously
Chinese with
Wost Driefontiens President Steyn Goldmine Lydenburg Estates National Currency Bouth African Township
those on the Indian sterling bal-sild further down the scale as Johannesburg Cons
futures closed 'at 114 conté and ances Reuter.
spot at 14 cents. It had opened at 12 cents and 15 cents respec- tively.
་
NEW PI CONSUL FOR HK
Manila, July 15. Consul Tiburcio C. Baja is leav
ing for Hong Kong on the first available transportation to take over the
Ticals were... unchanged...at. $25.00; and NEI Gulders at | $45.20 ́ a 100.
U.S. dollars again firmed up to $5.45.
Sterling also went up to $14.25, Republic's consulate but Australian pounds were un- there, It was bicially learned changed at $12.53. todny.
He has just returned to Manila
from his post in San Francisco,
where he had served da Philip Notice To Consignees, pine Consul for 19 months-Reu-
ter.
PI LEGATION
FOR NORWAY
Manila, July 15.
5.4. "CHAK BANG" From Calcutta/Straits/Salgon arrived 13th July, 1948
Damaged cargo ex this vessel will be surveyed in the premises of the Hong Kong & Kowloon Norway is establishing a Lega-Wharf & Godown Co. Ltd. be 100 talas, 170 Rupees, 01 Annas; tion in Manila, it was disclosed tween the hours of 10 am and Forward, per 100 tolas, 170, 11 today. The Arst Minister will be 5 p.m. on Tuesday 20th July, Marwari (unoficial), 170, 10. M. Nicolai Aall, who is concur- 1948. Consignees are advised Gold: Delivered, per tola, 114, 02: rently Norwegian Ambassador to Forward
(unofficial), 113, 10; Chins, who arrived here yester-to have their Representatives Sovereign, 75, 00. (One tola, is day to make arrangements for this present during the Survey. cquel to
to th of an ounce.) formal presentation of credentials Buenos Aires Sovereign, buy to President Quirino-Heuler.
err
175.00
Eagles, buyers. 100.00, sellers
95.00, seliers 102.00; U.S.
Gold Bar, per gramme,
1,300
buyers 9.50, 'sellers 10.00.
Paris-Nupoleon
RN SHIP FOR French 10 franc coins 2,100, Swiss
· VESSEL · frane, 4,275; Union Latine 4,180::
London, July 15: Sovereign 5,675. Half Sovereigns The.. British torpedo recovery 2,500; U.S. Dollars coln ($20) versel Bimbang has been: trans- 21,500; U.S. Dellars coin (310) ferred to the Malayan Royal 10,300; Sovereigns (lo free dollars Naval Volunteer Hererve as a re- per, ounce) $77.1; Napoleons, fin pluckment for Malayan: ship. free dollars per ounce) $18.5; lost during the war, the Ad- U.S. Dollar notes (in black muralty
announced tonight.- inacket) 370,--Router.
Peuter.
NY RUBBER
10/734
BU.
16/3
10/14
INTH
63/1
New York, July 16. Rubber closed 20 higher to four lower. Sales "were 34′′con=" tracts. July 22.40 nominal, De- tcember 22.55, March 22.50.
No. 1 ribbed smoked sheets 24 nominal.-Associated Press.
Notice To Consignees
m. "RHEXENOB” Damaged carga ex the above Vessel will be surveyed at Holt's Wharf between 10 am.. to 12noon on.18th & 17th July. 1048, and consignees' represen– tatives are requested to be present during the survey.
BUTTERFIELD & SWINE, Agents.
1
Hong Kong, 18th July, 1948.
NOTICE TO CONSIGNEES HOLDING
Consignees are warned that claims for damage or shortage may not be accepted if the P. 4.0. B. L&. E. I X. damage is not surveyed' byl⠀ BILLS OF LADING "Messrs. Goddard' & Douglas in
the presença of Consignees Messrs Goddard & Douglas Representatives at this ag-whi afemid at: 10 ha, on Mon- pointed time,
days and Thursdays within the from: storage... period, jo garvey. & damaged cargo, and consignons are requested to have their ↑ropawsontstelvom present, Unless consignees representatives" aro present at the Survey no clatina can thereafter be edinilitod,
JARDINE, MATHESON
CO., LTD.
'General Managers, Indo China Steam. Navigation
Co., Ltd.
Pacific For Can Live Love
Fast Regular Trans-Pacific Service
DIRECT
SAN FRANCISCO, LOS ANGELES
New York vis
Shanghai,“ Kobu July 18
Arrivo
"LOUIS
SLOSS”
DAVINGS
Karachi and
Koşu bay
New York vlakno Shiangħat, Enchon Dianila, mad ́porta KokofiSTER, N. VIDE
July 76.
TRADER”a July, 20,
A. P. PATTISON &CO. GENERAL AGENTS, CHINA, FORMOSA # HONGKONG CHARTERED BANK BUILDINČO SA TEL:/ H8114)
OVERLAND
NEW YORKCHICAGO-DETROIT-TORONTO MONTTILAL," AND ALL AMERICAN & GANADIAN UNTIES.
ER MÁLAMO VICTORY".
In Port
Bombay
Bad
Ka, "NAVA
VICTORY”
-"LIGHTNING“
NDBY CARGO
Badla
Inly 17 Bhas
NON, MACKENZIE COLVALINTA
RED. E. N là
Co., Ltd.
MAN LEE
BOARDING MASTER
*SUPPLIERS
Tol. Nos. 28178/28175
وشراء
American Piomcor Linie
Arrivals from New York, Boston, Other Atlantic Ports via Pandma
"STAGHOUND"
Sallings to Manila
In port July 19 Aug.
July 17
July
Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
Pátiama Canal
----Special Cargo Oil Tanks--
‚Due 'Aug.
For Full Particulars. Call
Aug.
Sails. Aug. &
Sails Aug. B
UNITED STATES LINES
General Agents
Queen's Building,
Tel 31281 (3 lines)
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO EVANCOUVER, SEATTLE & PORTLAND
5th AUGUST m.s. "BOUGAINVILLE” m.s. "ROSEVILLE"
6th-SEPT.;
ARRIVALS FROM PACIFIC COAST
177, 2716 ́ JULY
m.s. "ROSEVILL
SAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA..... PASSENGER ACCOMMODATION.
Chinsen Freight Agents. HOO FOOK FING THE BANK LINE (China) Leds
30th JULY
BULK OIL TANKS
*Apply:—14
THE BANK LINE-
(CHINA) LTD. King's Ballding. TeL: 27792
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
M.S. "MALACCA"
loading about 30th July
ADEN, PORT SAID, CASABLANCA, ANTWERP,
ROMTERDAM HAMB
GOTHENBURG AN
OSLO
THE EAST ASIATIC CO., LTD.