THE CHINA, MAIL, THURSDAY, JULY 22, 1948,
ROYAL INTEROCEAN LINES
lacorporates le the Netherlands as
KONINKLIKE JAR-CHINA-PAKETÍMART LINEN NÓM, AMSTERDAM
JAVA-CHINA-JAPAN SERVICE
"TJIBADAK"
"TJITJALENGKA"
"TJISADANE"
Arrivals
from Amoy
2nd Aug.
from Macassar
& Javaports 3rd August.
from Macassar
* Javaports
17th August.
Sallings
to Javaports and Macassar 4th August.
to Javaports
& Macassar
15th August.
to Javaporta
& Macassar
1.1 September.
ASIA—AFRICA-SOUTH AMERICA SERVICE
"RUYS"
监
from
Arrivals
South Africa
South America
2nd August
"STRAAT MALAKKA" from
"BOISSEVAIN"
South Africa
14th August
from
South America
& South Afrien 21st September
Sallings
to Shanghai...
A Japan
4th August.
to South Africa
South America vin Manila
Straits & Datavia
23rd August
to South Africa & South America via Manila Straits &
Batavia 30th Sept. to South Africa
South America vla Maulis, Straits & Batavia
10th November.
Transhipment cargo on through Bs/I. to Dar-Es-Salaam,
Mombana, Zanzibar accepted on all sailings. SUMATRA-MALAYA—CHINA SERVICE
"VAN HEUTSZ"
"HEINRICH JESSEN"
Arrivals
from B. Dell
& Struite
3rd August
from B. Deil
& Strails.
10th August
Bailings
to Swalow & Amoy 4th August.
to 8watow
& Amoy.
11th August
to Straits & B. Dell 18th August.
Agents: HOLLAND-EAST ASIA LINE
"MOLENKERK"
Tanks Available for oil in buik
"MEERKERK"
"ANNENKERK"
Arrivals
from Japan
& Shanghal,
20th July.
from Europe
Ballings
to Europe
vie Mailla & Straits 28th July,
to Europe
la Straits 8th September
7th August
from Europe
to Europo
End August
vla Strülts Mid September
Transhipment cargo on through Bs/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, Connaught Rd.,
End August
FINANCE AND COMMERCE
CLAIMING FOR BACK PAY Growing Shanghai Clamour For Action
London Stock Exchange
London, July 20 Dealers arrived at the London Stock Exchange today expecting to and prices lower fellowing the overnight decline on Wall Street and the resignation of the French Cabinot.
Opening levels were certainly lower but before trading could get under way, news arrived of the Russian Intention to supply the western sector of Berlin with tood. The news created bewilder ment in the markets,
Opinion was sharply divided on bullish and bearish views of This new development. There was, however, sume bear covering which imparted a firmer tone to
leading industrial Leues. soveral
The improvement was only süf- Adient to put the price
of the issues concerned back to the pra- vion, selling levels.
Government securities continued dull. Once again there was small but persistent selling which de- pressed prices by 8/8.
reficeind
International stocks the weakness of Wall Street and were marked sharply
lower, United States Steel Jost
savep points at 115.
The mining rections were dull. South Africans opened easier hut closed slightly above the lowest, Jollowing some bear covering. Copper shares were depossed by continual small selling. Diamonds wern out of favour, 'SECURITIES:
British Consule, 2%..... 73-10/10 Conversion Loan, 3%, 1063 104% Pindling Loan, 4%, 1960/.
War Loan, S. 1952
War Loan, 20%
Victory Bonds,
HAILWAY BHARKS;
&freland)
SMC EMPLOYEES'
ASSOCIATION
Shanghai, July 21. ·
The Executive Committee of the Shanghai Muni- cipal Council Foreign Employees Association is negotiating with a reputable legal firm to handle their claims for payment of their super- annuation funds and pensions against their employers, the former Shanghai ̈ Municipal Council.
This move was decided on to pacify the growing clamour for action from the former Council employees and to deter them from holding demonstrations, it was learned
According to a member of the Executive Committee, this is the Committee could hit upon to ap last desperate resort which the pea pease the
the growing number of members who are insisting on de- monstrations.
Hong Kong Stock Exchange
Yesterday
WL
EL.K. GOVT. LOANS,
4% Loen 161.
particularly die
$%%%' Loan (1984) 2005. 19675 Lawn (1948) 1803⁄41⁄2n.
H.K. & 8. Bank 201ße, 15904a.
(Lon, Rag.) £131km. Chartered Bank 11-D/14u. Mercantile Bank A. M. M. 4320. Bank of Kan Aals 14in.'
INSURANCES:
Canton Ins. $875%n. Union Ins. patte
tain and the United States are nt responsible for the pay. ment of their claims. Sporadic protest demonstrations | BANKS have been held by former GMC employees during the past few
Last YODIS.
Year
angry groups of ex-SMC workers blockaded
leave the complunta the British Consulate-General for would not two days, yowing they teas were forthcoming that they
until guaran
would be paid their dues, The
They were dispersed only by foreign employees of the former International Settlement's Mayer E. C. Wu, who told them
the
intervention personal
of governing body-the Shanghal Municipal Council- bave been that Britain could not be held waiting for nearly three years responsible, and that China, ir
their
nich taking over the settlement, had dues which payment of China
assumed Treaty, by which the foreign acts and Habilities-Reuter.
through the Cairo also taken over the Council's a- powers gave up their extraterri torial rights in China.
Still Responsible?
During the past few weeks, [... much correspondence has ap peared on the subject in the local pream, with most writers emphasising the point that Bri-
SILVER AND
Higher Tax On
Luxuries
Nanking, July 20. The Legislative Yuan, accord- ing to informed sources, at a pri- [vate session today approved à new increase on the import taxex fon luxury articles or on those
GOLD MARKETS cheting with the products of
Chinese Industries.
100
those on silk em-
The customs duties on tobacco, London: Silver, 112
Spot fine wines and spirits were raised by ounce 45d, Forward fine ounep 80 to 100 per cent, those on cos 1024 104-11/15 150; Bar, Gold, per fine ounce malies and jewellery from 80 to 114-13/14 172/3.
New York: Silver, Bar, (asked broideries and artificial silk from
per cent, the price) 74-5/8 cta., Bar, Gold, per 50 to 100 per cent, watches from ine ounce (offelal $35.
30 to 70 per cent, cotton fabrics Bombay: Silver. Ready,
Pfrom 25 to 65 per cent and, finally, 100 tolaa 176, Hupees, 00 Annas; arms and ammunition. listed as Forward
per 100 tolas 170, 00; useless articles," from 60 Marward
00. (unofelul) 170, Gold,
old, delivered, per tola 110; 10; per cent.-Agence France-Presse. Forward unoMcial) 110,04; *13/14 Sovereign 74, 08. Que tola is equal
British Transport, 3
0011
INDUSTRIALS
British American Tobacco (of
+
Ballinge
G.B. & Ireland)
10/16
to Atlante Ports. und U.S.
Imperial Chemical Indust., ord. 41/8 Imperial Tobacco Co. (of 4.8.
5-1/#2
MINE SHARES:
Itarma Corp.
4/2
Crown Mines
Nunydroog Mines
11/1
Rand Hines
#36
Boring Mines
4/2
cra
414
Taxoy Tin Co.
1/3
257jA
Phones: 28016 & 28017'
Tel. 31106 & 21533
DE LA RAMA LINES
EXPRESS CARGO LINER BERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
LOADING DATES IN U.S.A
Loude
Date
Vessel
Atlantic Coast
Early Aug. Early Sebt.
m.y. “MINDORO"
m.v. "HALLAND”
Los Angeles
From
*antle Const. Los Angelom
For
Silapilo Const
Los Angeles
ARRIVALS
Date
25th July 19th August 3rd Sept.
SAILINGS
Date
28th July 24th August
8th Sept
Versel
M.Y, “DONA NATT"" my. "DONA -ANICKTA my. "TONGHAI"
Yossi
1.7. "DONA NATT" inv. "DONA ANICETA” niv. "TONGHAFLA
BOOKING AGENTS for PAL
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines),
CHINESE SHIPPING OFFICE
KARINA HOUSE Tels. 23676-22073
Tels. 23735-20168
ISBRANDTSEN
Isbrandtsen Company Inc.
20 Broadway.
New York
"FLYING
TRADER”
FROM
Aub Nigefa
Union Corporation
OIL BHARKS:
Royal Butch Co.
224
Shell Transport and Trading Co. 1 SHIPPING:
.D. Steam Navis, Co. ord. 68/2 GILTEDGEDI
Funding on. 35% National War Donda, 2%
1049/51
1962/54
1064/68
1951/02
1920/05
Savings Bonda, 1%1
IDG3/20 1065/7
101%
to 3/8th of an ounce.
to
100
Money Market
Gold had another hectic day yesterday us once again it spurt ed to $343.00 a tael, shortly after opening at $338.50. Profit-tak- easing off to $337.00. ing in the afternoon caused an
Was
1,700
Buenos Airpat-Sovereign, buy-
ters 103.00: 90.00, sellers
U.S. Eagles, buyers 185.00, sellers 175.00. Gold, Bar, per Gramme, buyers 9.80, sellers 10.80.1
Bangkok: Gold, Bar, per bath- weight of 15.244 Grammes - quoted; Exchange Rate (selling),
Lowest rate of the day Bangkok on New York T.T. 20.25, $330.28, which was in the morn London 80.50, Hong Kong 370.ing, just before the market spurt-
Packs FROB
__Gold Prices
ed. 101-3/1 Napoleon 4.675 Fr.. French 10
Deliveries totalled 4,820 taels, 102-15/16 franc coins 2,220: Swiss franc 101 4,500; Union Latine 4,350; Sover which 3,120 were official and 102-1/1 olgn 5,875
unomcial. Half Savereigns 2,320; U.S. Dollars
Piastres opened at $11.89 a 100, erin ($20) 21,800 and reached $12.10. at the timin U.S. Dollars coin (810) 10,450 Interval. Sovereigns
dropped back to (in free dollars per $11.90 at the close. ounce) $78.4; Napoleons (in free
Chinese National CurTENCY dollars per ounce) $81.4; U.S. cpened at 94 cents for futures Dollar notes (in black-markat) and 184 cents for spot (for 370.
CN$10,000) and closed at 8.8 cents "Parlo
Free Market Rates and 13 cents respectively. Ingots: Gold ingots, with delivery Ticals were down 10 cents to of counterpart
gramme $23.70 a 100, 234/244 Frs.; Without counterpart
NEI Guilders also, dropped and 550/505; Sliver Ingats, per Kilo were down to $44.44' a 100 yester (6,700b, 6,500; Platinum Ingots day afternoon.
per Kilot 750,000, 805,0008; US dollars made
Reuter,
101% 101 W. ... 09
Exchequer Bonds, 18%, 1930 100-15/16 Redemption Block. 37%, 1980/90 Da POREIGN BONDS.
German Lown (Dawes), 1%
Juprosess Br%, 1907/17
| Japanese 85%, 1028/89
Jap. B. Manchurian Rly... 5%, 1923 12 ́ BANKS,
T 2435 242
Chartered Bank of I.A. & U. 11-9/16, 1.K. & Shal Banking Corp. 11 bercutile Bank of India "A" 12 CHINESE EXTERNAL LOANS: Tiantain-Pukow Rallway, 15. 11 Lang Tsing-U-Hat Klys., 4%, 1919 iz Brors. Loan, 67%, Lond. lese, 1918 1 Clip Loan, 1912
IA Hakuang Railways, 3%, 1971. Honan Hallway, 6%. 1005.... 11 Shanghai Nanking Rlys., 16. 11 Kowloon Canton Ballways, K%.
Bierling Bands -dexter,
M.Ş. “PRIAM"
14
par
INVESTMENT OF
STERLING
London, July 20.
A notice issued today by the
Exchange Control Authorities to
1
to
It
a sharp about-turn, rising nine points over the previous day, to close at $5.40.
Sterling dropped to $14.80, and Australian pounds were unchang- jod, at $12.52.
China Underwriters. 16m. H.K. Fire The, 1805.
ADIPPING,
Douglase $170.
HI,K. & M. Steamboats 281⁄2N.
Indo Chinas (Prof.) Min; (D«f.) 284ạ Shells (Bearer) 76/>a.
U. Waterbouis $7.
DOCKS, WHARVES, GODOWNS, ETC.:
HE. 4K. Wharves (0) 1360.
(N) 1500.
North Point Wharves 165, 16/ 1.K. Pocky #14,
Chipa Providenis 2135«. Shanthal Dockyards 18p.
MINING:
Haub Miner Gyn. 2.K. Mioes
*$$0*
LANDS, HOTELS & BLOGS
II. & A. Hotels 17%.. B.K. Lande 'BI{6] Shanghal Lands 5,168, .594) Humphreys Estates EZYjn, IX. Realilew' 18. Chinese Estates 190n.
PUBLIC UTILITIES:
HK. Tramways 22h, Dian. Peak Trimi (Old) #to; \(New) 12m. *Blue Perriin 1230.
C. Llehti (Old) 25%«; (Mew) 18% -
H.K. Electricm 86%%%
Macso. Klackskea Rễn.
· Bandakan, Lichts 15%*.
Тебер более 40%
Shanghal Ga
„INDUSTRIALS:
Cald. Hier. (Ork.§. 26. 544
Canton Lola Ta. T
Cements XD. Kan.
I.K. Ropes 19%.
STORES &c.
Dairy Farm
(Old) 491⁄4b, día, Korm. (Now) TO}{* Watsons (Old) kid, sin, 60/191/a.
(New) $50, $a, "100" Lane, Crawfords 845.
China porlam ́ 1840s. Ban "Co., Ltd."-450R/
Was On ̈(UR.) "130n. Wn, Powell, Lid." "13145. MISCELLANEOUS
China Entertainmenia –din,
H.X. Constructiona (0) $ns (4) Ba. Vibros (Old) 1951 (New) -86. Maruman Investmentä 11/2 Miraman (IK) 11⁄21⁄21⁄2 COTTONE:
Kwok 18.
RUBBER, ETC. COMPANIES:
Consolidated Rubber Ja Kota Bahroe to. Padanja Rubbers 1.4in. -- Rubber Trosta 656 s.. Kamagra Bubbers 114 m. Bangini Pabang ka- Tanah March 2 Tebind Hubbers 1900, Elaagbe “Rubbers 70.
Notice To Consignees
Consignees per LI. “BENVBACKIE”
are hereby notified that their
Notice To Consignees ling, owned by non-residents,
the Stock Exchange confines fu- MANILA AS TRADE is being discharged into ture investment of blocked stor- CENTRE PREDICTED Wharf:& Godown Co.'s godown. the Hongkong & Kowloon Waited Kingdom Government San Francisco, July 20, where it will be at Consigneor securities which are not redeem- W. P. Fuller-Brawner, Prest-risk and subject to the Whart's Damaged cargo ex the aboveable earlier than ten years from dent of the San Francisco Cham- terms and conditions of stor- vessel will be surveyed at This refers not only to new Manila may become the centre bbe obtained,
the date of purchase."
ber of Commerce, said today that age, and where delivery may to 12 noon on 23rd July, 1048, ed sterling realised through the too distant future. Holt's Wharf between 10 nm. blocked sterling but also to block Western Pacific trade in the no: are requested to be present and now awaiting investment.
Brawner during the survey.
and Seattle businessmen Appropriate amendments to the had just returned from. A trade will be issued at the same time Japan is not likely to return to existing Exchange Control potices mission to the Philippides. as other amendments in connec its pre-war position, Brawner
n. with transactions in sterling said, and the Philippines-is-the To comply with the Gene securities on behalf of non-re-logical nation to take Japan's eral Bonded Warehouse H sidents-Router.
place. Associated Press.
gulations - Consignees must have a Revenue. Officer in al- tendance when, damaged duti- able goods are examined.
|and" consigneès" representatives sale of other sterling securiti rancisco, a group of San left in the Godowns for exam-
BUTTERFIELD & SWIRE. Agents. Hong Kong, alat July, 1948.
Pacific Far East Line Inc.
DIRECT
SAN FRANCISCO LOS
BAILO
Stan
VAR HANT ÉTKAITS • INDIA & FERBIAN JULY
STEAMSHIP DIVISION
New York via
Manila and porta Yokohama
DE AREA
A, P. PATTISON & CO.
GENERAL AGENTS, CHINA, FORMOSA MUHONGKONG CHARTERED BANK BUILDING, A TELS-BK115,
* 7. CRINESE SEITING OF
Fast Regular Trans-Pacific
OVERLAND
NEW-YORK CHICAGO-DETROIT-TORONT MONTREAL" AND "ALL AMERICA)
From
ma. "SEA SERPENT"
5.8. "NAVAJO VICŻDŻY
Ban
Jan
rancisco.
Ban Francisco
CANADIAN
Ban Franelico
Damaged packages are to be
nation by Consignees and the Company's surveyors, Messin am. 24th July 1848, Carmichael and Clarke, at ∙10
No claims will be admitted after the goods have laff the steamers godowns, and all gooslave remaining” undelivormi sflap the 20th July 1948, will bd subject to want.
All claims against the steam- er must be presented to the undersigned on or before the 10th August, 1948, or they will not, boʻrecognised.ja
No Fire Insurance will affected.
LOTLEY
AMERICAN PRESIDENT LINES. LTD.
Fausetikers and Freight REFRIGERATION-SPECIAL CARGO OIL TANKS-
GARQOQAIRE.__SPROIN
"President Buchanan". "Prraldent FilmeroTM
TO MANILA
July August 3
TO SAN FRANCISCO **General Gordon" (via Shanghal)... amaniņu co August 1
"President Cleveland“ (via" Manlia) ..................... August "General Meigs" (via Manila &Guam) ....................... August 21 TO SAN FRANCISCO · AND LOS ANGELES “President MoKinley" (via Kobe and Honolulu)'......... July 24 "President Jefferson" (vla Hobe),sm......hummm. AugusÌ "President Madison" (via Robe & Yokohama) August 11
T
ཏཱཐཱ་
To NEW YORK, BALTIMORE and BOSTON via PANAMA
Turman Victory" (via San Francisco) "President Tylos” (via ""San Frantisco)
BOUND-THE-WORLD
August Sept.
VIA MANILA, SINGAPORE, COLOMBO, BOMBAY, KARACHI,
SUBZ, ALEXANDHIA, NAPLES, GENOA, MARSEILLES," NEW YORK AND BOSTON.
"President Buchanan" (calls Karachi & Bombay)... July 23 "President Flibitors (calls"Karäölif}**....... *President Bioproo" (calle Havana) |
General Agents: Northwest Airlines
August August 17
Lykos Bros. Steamship Co., Inc.
St. George Bldg.
Tel. Nos. 28178 /28175
American Promeer Line
Arrivals from New York, Boston, Other Atlantic Ports via Panama
"RESOLUTE" "COURSER" "BATTLER"
"RESOLUTE" "COUUSER"
"RATTLER
3
In port Aug. Aug. 12
1
Sallings to Manila
July
22
Aun
sporene Aug. 13
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
*STAGĦOUND" "RESOLUTETM.
Panama Canal
-Special Cargo Oil Tanks-
Due Aug. 4
Rails Aug. #
„Das Aug.
1
Salin Aug. 8
For Full Particulars Call
UNITED STATES LINES
General Agents
Queen's Building,
Tel. 81251 (8 lines)
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND m.s. "BOUGAINVILLE” ma. “ROSEVILLE” A
0th AUGUST 8th SEPT.
ARRIVALS FROM PACIFIC COAST.
ELE. "ROSEVILLERVE.
27th JULY SAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA...
39th JULY
PASSENGER ACCOMMODATION. BULK OIL TANKS
Chinese Freight Agents, HOO FOOK PING THE BANK LINE (China) Jád,
Apply:Ma
THE BANK LINK (CHINA) LTD. King's Building. Tel. 977798
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
M.S. MALACCA"
loading about 30th July
COLOMBO, ADEN, PORT SAID, ALEXANDRIA, GENOA, TANGIER, CASABLANCA ANTWERP BOTTERDAM, HAMBURG, OSLO. GOTHENBURG AND COPENHAGEN
THE EAST
CO. LTD.