THE CHINA MAIL, MONDAY, JULY 26, 1948.
ROYAL INTEROCEAN LINES
Incorporated in the Nethertands as
KCHIRURE JAA-GINA-PAKETVAART LIJNEN NLM, AMSTERDAMĶ
JAVA-CHINA-JAPAN SERVICE
“TJIBADAK"
“TJTJALENGKA”
"TJISADANE"
Arrivals
from Amoy
2nd Aug
from Munksar
& Javuporta
Bret Augus1.
Iron Macassar
A Javats 17th Augurt.
Salflugs
to Javaporta and Magussar
4th August.
to Javapori
& Macassar
15th August.
Javaporis
& Macassar
14 September.
ASIA-AFRICA-SOUTH AMERICA SERVICE
"RUYS"
from
Arrivals
South Afrien
South America
2nd August
"STRAAT MALAKKA" from
BOISSEVAIN"
South Aldea 14th August
fiom
South America.
A South Altea 21st September
Railings
to Shurghat
& Japan
4th August,
to South Africa
South America Van Muralla
Straits & Batavia Abed August
to South Africa & South America vla Manila Straits &
Batavia 30th Sept. the South Africa
Y Surth Amirties.
via Mendia, Stealls A Hativi
10th November,
Transhipment cargo on through Bs/1 to Dar-Es-Salaam,
Mombasa, Zanzibar accepted on all sailings,
SUMATRA—MALAYA—CHINA SERVICE
"VAN HEUTSZ"
Arrivals
"HEINRICH JESSEN"
„A Straits
Sailings
Trom B. Dell
to Swaluw
Amoy
Ped Augu
10
Auget.
from B. Det
& Strait,
10th August
to Swatow
& Amey,
11th AuguSE
To Shalt & B. Dell Fun August.
Agents: HOLLAND-EAST ASIA LINE
* "MOLENKERK"
Tanks Avaliable
for all in bulk
"MEERKERK”
"ANNENKERK"
Arrivals
from Japan
K Shumpbadi.
#7 July
from European
7th Augurt
from N 2nd Aurist
Sailings
So Euroga
vi blanda & Straits
4 July
Via Strada
BC September
to Europe
MM September
via Straits
Transhipment cargo on through Is/1, accepted to
Mediterranean and Northern European ports,
Agents: SILVER LINE LTD.
"SILVERWALNUT"
Arrivals
from US.
Paritle eras{ Early Sept,
Office Address: King's Building, Chinese Agents: 82. Connaught Rd.,
DE LA
Sallings
to Atlantie Ports FORD ALS.
ht. Sept.
Phones: 28016 & 28017
Tel. 31196 & 21533
RAMA LINES
#XPRESS CARGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
LOADING DATES IN U.S.A.
Loads
Date
Atlantic Coast *
Early Aug.
Los Angeles
From
atlantic Coas
Los Angeles
Atlantic Coast
Los Angelos
Vessel.
m.r. “MINDORO”
Early Sept. 1.
ARRIVALS
Bate
27th July 19th August 3rd Sept.
SAILINGS
Date
30th July
"HALLAND"
Vessel
m.v. "DONA NATI"
ILY. "DONA ANICEŢA” m.y. "TONGHAI"
Tessol
m.v. "DONA ·NATI"
24th August in.v. "DONA ANICETA"
8th Sept.
my. "TONGHAI"
BOOKING AGENTS for P.A.L
THE DE LA RAMA STEAMSHIP CO., INC.
Incorporated in the Philippines)
MARINA HOUSÉ Tels. 23676---22875
CHINESE SHIPPING OFFICE Tels. 23708-20158
ISBRANDTSEN
Isbrandtsen Company Inc.
28 Broadway.
New York
FAR „KAST ? STRAITS * INDIA • 'PERSIAN GULP • MEDITERÉNNETERM
UX. a CONTINENT, * W INDIES • S. AMERICA
STEAMSHIP DIVISION
FINANCE AND COMMERCE
JAPAN'S FIVE-YEAR PLAN
Must Set Economic House In Order OPPOSITION FROM THE ZAIBATSU
Wall St Makes Slow Recovery
Jothis
New York, July 24.
in four months.
London, July-24.
"No progress 'is possible in the Japanese five year plan until Japan sets her economic house in order," The Times declared today. "Improvements aimed at in the standard of living
depend upon a liberal supply of foreign capi- tal and the economic recovery of those Asiatic countries which furnish a natural market for Japanese exports."
an
The stock market this week re- covered almost all of the losses scored in Monday's' drastle break. It was a slow, almost painful, process; trading activity steadily contracted until Friday's business
The paper remarks that the mits itself to destroying the amounted on one of the smallest difficulties ahead seem to have capacity of Japan to wage
Demand dampened the enthusfarm of aggressive war. If any lasting at times dwindled to the vanish the Japanese public, who are change is to her effected in the ing point. The net result, never-Inclined to regard the plan asutlook theless, was a rally of sizable pro- gesture Intended by
their Stal to be recovered government portions.
to impresa tho was the ground lost in the severe occupation authorities. declines of the previous week's { But, continued "The Timer," Thursday and Friday ressions. this was too gloony a view, add
The Berlin situation dominated ing that the plan had the prequires, leadership of the right trading psychology, but extreme proval of Washington and the nervousness gradually was re-boeking of MacArthur. placed optinishin ልዩ It appeared the ways realised that the occupa-i crists in Germany 'might' stili beton will fall f its object if it' settled pearofully.
Ta
with
little
"General MacArthur has more
ΟΙ
LONDON MONEY MARKET
al-
of the Japanese, they must be encounted to raise their political institutions until they become a prosperous, democratic poople, too coulented either ic harbour Communism or meraco their neighbours. This process
type," stated The Times.
Big Business
The editorial referred to the
jack of capable and honest stateamon in Japan, partly due to the war and added that the real opposition came from Zaibatsu.
Their
association
with big business in the United States to
Japanese Trade With Singapore
Tokyo, July 24. trade. between Japan and The opening of foreign.
Singapore was predicted to- day by Sardul Singh Narulla, merchant of Singapore, who said that Singapore would in- troduce a new Import quota system on. Oct. 1,
Previously, he said, I had im- been, impossible to obtain port cences for Japanese goods In Singapore,
gulations would be permitted to Licences under the new IC- import goods up to the amount of their quota from any hard currency aren, including“ Japan, Mr. Narulla sakl
Like other traders from inga- pore, he had placed orders with Japanese textile manufacturers
anticipation of the new part licences.-Reuter,
im.
AMERICAN PRESIDENT LINES, LTD..
Passengers and Freight
REFRIGERATION—SPECIAL CARGO OIL TAÑEE-
CARGOGAIRE-SPECIE
"President Fillmore" "President Cleveland"
TO MANILA
TO SAN FRANCISCO
August August
"General Gordon" (vla Shangliaf) "President Cleveland" (via Manila) **... "Cieneral Melgs" (via Manila &Guam)
4. August 1
ค
August 21
July 20 August
7 August }}]
+
TO SAN FRANCISCO AND LOS ANGELES "President McKinley" (via Kobe and Honolulu) "President Jefferson" tyln Kobe!
"President Madison" (via Kobe & Yokohama)
To NEW YORK, BALTIMORE and BOSTON via PANAMA
"Furman Victory" (via San Francisco) "Preslilent Tyler" (via San Francisco)
ROUND-THE-WORLD
August 12 Sept. 14
VIA MANILA, Singapore, COLOMBO, BOMBAY, KARACHI.
6UEZ, ALEXANDRIA, NAPLES, GENOA, MARSEILLES, NEW YORK AND BOSTON. "President - Fillmore (calls Karach!)................................... "President Monroe" (calls Havana)
"Louis Mell, Howe" (calls Kara cli)
General Agents: Northwest Airlines
August 3 August 17 August 20
Lykes Bros. Steamship Co., Inc.
St. George Bldg.
Tel. Nos. 28172/28175
SILVER AND Americam Piomeer Lafe
assert their claim to direct, for GOLD MARKETS
mutunl advantage, the economie
side of American policy in Ja-
The Berlin blockade, as well an the approaching specint session of the U.S. Congress, continues to keep many traders out of the market, but at least those in- fluences did not cause any large offerings of stock after Monday.
the last few minutes trading on Monday, selling sporms
London, July 24. pan," the paper believed, was be- There coemed to have prozed.
Bombay: Silver, Ready, per were buyer for key stocks at
Dealers' experienced no dif-hint their efforts to frustrate the 100 tolas 177 Rupees, 08 Annas; rolus pries. In a matter of ficulty in balancing their books | Economie. Decentralisation Bill Forward 174, 04; Marwari (un- seconds the market turned on during the past week. Money But
thels
eltoris would be oficial) 173, 04; Gold, delivered, heels and started to rise with the was in abundant supply.
thwarted
by entrusting projects per tola 112, 09; Forward Kun- sune gusto shown on the way
Milk Marketing. Board pay such as the five year plan to other official) 112, 03; Gold, Sovereign, down earlier in the day,
174. 12. ments flooded the market with hands. The rally carried through the funds and although Treasury bill Finally, The Times stated that One tola is equal to With of next day with a fair amount of payments helped to absorb much if Japah was to emerge from her an ounce.
ush but buying enthusiasm wasaf the surplus, on many days present difficulties, she would
Buenos Aires-Sovereign, 102.- soon replaced with speculative ther remained
unused have to be protected from the 100 buyers 106.00, sellers U. S. dullness.
bulate.
dictatorship which her Commun-Eagles, 163.00b, 173.00s: Cold, Guarded optimism over Berlin Demand for loans throughout Ists, as well as her reactionaries, Bar, por gramme, 10.00b, 10.80s. was heightened by
President, the week was on a small scale, would like to impose on her. Alexandria: Golt. per
"dir- Truman's declaration That he Trading in discounts showed Agence - France-PresUE,
rhem" 101- plastres: Egyptian, considered changes for world marked expansion, The ense in
pound 456; Sovereign 479; Tur- pence as excellent, In addition the credit situation created
key paund 355;
355; Napoleon 380; Wall Street nervousness over good demand for August and
Dollars de what Congress ught cook up September maturilles and a sub-
Kilogram) 825, during its special meeting tended stantial turn over was reported.
One "dirrhem" is equal to Some Interest was taken to give way to the theory that
in
of an ounce. 1/10t London, July 23. the legislators would not welle carly October dates. The Bank of
A continuous flight of capital bahtweight of 15.244 Graminei
Bangkok:-Gokil, Bar, per! y laws that the business com- England return showed further from Singapore seems clearly k nunity considered
undesirable. seasonal expansion in active note dicuted by the fact that the rate quoted Exchange Rute (Sell- The possibility existed, of
elirulation. This ltern was in- Course. creased by £4,500,000, which has gone tower on flare different n). Bangkok on New York T.T that unexpecter legislation might he voted,
20.20: London 80.50; Hongkon days including today, tax contingency which was partly due ilid mitch to
New buying rate for Singapore 3.73.--Router. to curtail market ne refunds,
Applications far £170,000,000 dollars today was 2/3-7/8, can-1 tivity. Rall and all companies Treasury bills totalled £294,170.- pared 2/4-1/16 Inst Saturday. poduced some of the most start-00 and £170,000,000 was allat- while the selling rate was 2/3-1/8, iing corporate news the week. ted at an average rate of ten combated with last Saturday's 'rate
Associated Press.
I shillings and 141 pence.-Router. (of 2/2-7/82.
་་་
to income
a
JAPANESE TRADE WITH
STERLING AREA
Tokyo, July 25.
SINGAPORE
CAPITAL FLIGHT (plustres per cla) 355; Silver
-Authoritative, sources attribule| the drop to "commercial move- ments,United Press.
POLISH FINNISH
TRADE
'CABLE AND WIRELESS
London, July 23,
Accounts et Cable & Wireless
Lid for 1947, its first year nga
Line
Arrivals from New York, Boston,
Other Atlantic Ports via Panama
"COUNSER" "RATTLER" "PIONEER WAVE"
"COURSER" "RATTLER" "PIONEER WAVE"
Sallings to Manila
Aug. AUR. Aug. 31
18
Air. 3
Aug. 17
Sept.
Sallings to New York, Boston, Philadelphia
Baltimore & Other Atlantic Ports via ·
"STAGHOUND" "RESOLUTE"
Panama Canal
-Special Cargo Oll Tanks---
Jine Aug. ...Dus Aur. 7
Rally Ang. Β
Balls Aug. 8
For Full Particulars Call
nationalized undertaking. today UNITED STATES LĒNES
showed big drop in profits at £1,724,090, compared with £3,- 030,804 in 1940. The profits have
Warsaw, July 21been cut ain'tst exactly in half. Receipts for messagez Were The Poles and Finns plan to double their trade exchanges in partly to lowered rates and partly down. by 2638,507 attribued 1040. An agreement algnéit · re-
excep
The Overall Payments Agreement governing trade cently in Helsinki zuid trade be to the fact that the previous year
between Japan and the Sterling Area will be amended to provide for the tale of Japanese cotton textiles to Sterling Area purchases on a 100 per cent sterling basis.
tween the two countries would and been credited with amount to US$8,600,000 on each unal receipts actually belonging side. That is 100 per cent more 10 curler years. than the 1047-48 total-Associat
A dividend of four percent lea ed Press,
tax has been recommended which In the same ay before-United Press.
CHICAGO GRAINS
230
Chicago, July, 24,
With the exception of 100,- of cotton textiles which the Ster- 000,000 yards of port stocks ing Area will buy from Japan, All grains showed weakness
Notice To Consigncos recently made available for but in turn will increase the total and oats sunk to new seasonal sterling, Japanese cotton tex-volume of tratie, since increased lows as, reports of good weather Consignees per Canada tiles. beretofore have been purchases of cotion textiles byd abundant Farvest dampened Anlatte Lines Limited offered to the Sterling Area the Sterling Arca will enable buying enthusiasm. on a 50 per cent sterling basis. Japan to buy greater quantities
Wheat closed lor selict-
lower: Gen. MacArthur sald the deck of Sterling Area goods.
8.S. "HOCKSIDE" 232-231 sion to amend the payments
Corn two are hereby notifled that their 1/6 US. cents cargo is being discharged indo agreement follows discussions in
have drastically curtailed higher; oats 1-5/6 to 2 U.5, cents the Hongkong Tokyo by the Joint SCAP-Sler- tries
& Kowloon Area committee now nego their purchases of Japanese cot-lower: rye, 1/8 higher, soybeans Wharf & Godown Co.'s tlating an overall Japán-Sterling ton textiles, and it is expected unchanged to one US. cent lower. Area trade planickelle, chief of Sterling Area now will be great-
that trade between Japan and the Arrociated Press.
In the past, Sterling Area coun-
Mby
cents Aber"
BUSINESS UP
where it will be at consignees risk and subject to the Wharf's Frank E. MacArthur's foreign trade section ly facilitated.,
terms and conditions, of stop- age, and where delivery may and chairman of the trude com- mittee, said the amendment will
New York, July 24.
be obtained. In the current Tokyo talks, Brisa and wire mills and other place cotton textilts on the same representatives of the United makers of copper products in the basis as all other commodities Kingdom and its colonies, Aus- US, report that now
Damaged packages are to be business left currently being exported to the tralia, New Zealand and South during June topped any
in the Godowns for other Sterling Arca.
Africa already have indicated months in the past two and, examination by Consignees and their interest in large purchases half years. Booked
Surveyors, orders last the Company's Facilitating Trade
of Japanese cotton fabrics if the month required 147,819 tons of Messrs. Goddard & Douglas at He said it will not only sub- sales were placed on a 100 per- copper, compared with 124272 in 10 am, on the 30th July, stantially increare the quantilles cent Sterling basis-United Press. Muy Associated Press.
1
Pacific For East Line, Inc.
Fast Regular Trans-Pacific Servico
OVERLAND
NEW YORK-CHICAGO-DETROIT-TORONTO,
U MONTREAL (AND ALL AMERICAN" 4 CANADIAN CITIES,
Arrtros
From
LOS ANGELES
VESSEL
FROM
BAILS
"FLYING
Now York via
Dikalin und Porta-
TRADER"
Shanghai, Thi Tokuhin Ang. 2.
|'ima, “SEA SEBREWER
"NAVAJO VICTORY"
|ins, "LIGHTNING" [ma. *BRITAIN VICTORY"
Aur
Aur. -10 Ban Francisco
IGERATION DRY
dua Aug. 1.
A. P. PATTISON & CO.
ENERAL AGENTS, CHINA, FORMOSA 2 HONGKONG.
CHARTERED BANK BUILDINGS ATELA: "TULIS. "ÜHINESE BÜIFFING OFFICES
Connaught, Road, C.- Tel: 2483P, PLAN A
July 27
Ban
Tor
A
1
To comply with the General Bonded Warehouse Regulations consignees must have, a Re- vetiuo. Officer in attendance. when damaged dutiable goods are examined
No claims will be admitted after, the goods have left the steamer's godowns, and all goods remaining - undelivered after the 31st July, 1843 will be subject to rent.
All claimshgains the
General Agents
Tel 31261 (3 lines)
Queen's Building,
*****
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO-
VANCOUVER, SEATTLE & PORTLAND m.s. "BOUGAINVILLE" mis. "ROSEVILLE" ..
6th AUGUST.
0th 'SEPT.
ARRIVALS FROM PACIFIC COAST
ms. "ROSEVILLE"
7
31st JULY BAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA..
3rd AUG.
FASSENGER ACCOMMODATION. BULK OIL TANKS
Chinese Freight Agents.-
༄་།་
HOO FOOK PING THE BANK LINE (China) Ltd.
Apply:
THE BANK LINE (CHINA) 'LTD. King's Building. Tall 27TOS
THE EAST ASIATIC CO., LTD.
"OF COPENHAGEN
M.S. "MALACCA”
August
sleaner must be presented to COLOMBO, ADEN, PORT SAID, ALEXANDRIA,
the undersigned, un; or
before
The 7th August, 1918, ör "they 'will not be réconised.
No Fire Insurance, will “Ed
DODWELL & CO. LTD.
GENOA, TANGIER, CASABLANCA, ANTWERP,
· ROTTERDAM, HAMBURG, 'OSLO, GOTHENBURG AND COPENHAGEN
THE EAST ASIATIC CO. LTD. Aidan's Bldg. 2nd ibora
TL 3116112