ROYAL INTEROCEAN LINES
telecorporated in the Netherlanda kaze Ul
· KORINKLIJKE JAWA-GSIKA PAKETVAART-LIJNEN N. AL' AMSTERDAM,
JAVA-CHINA-JAPAN SERVICE
Arrivals
from Macassar
"TJITJALENGKA"
from Amoy
13th August
"TJJSADANE"
"TJJBADAK"
& Javaporta 17th August.
from
Macassar & Javaports
1st Sept:
Sallings
to Javaports
& Macassar
13th August 8 am:
to Javaports
& Macassar
1st September.
• to Javaports &
Масаваг
15th Sept.
ASIA—AFRICA-SOUTH AMERICA SERVICÊ
! "QUYS"
$
Arrivals
· from Jupan
And Shanghai
20th August
"STRAAT MALAKKA” from
"ROINSEVAIN"
South Africa 24th Aug.
from
South Amerlen
& South Africa 13th September
Baillon
to South Africa South America via Mantia Straits & Batavia
23rd August
to South Africa & South Amerlen via Manila Straits & Batavia 1st Oct,
to South Africa
South America vla Manila, Straits & Batavia
10th November.
Transhipment cargo on through Bs/L to Dar-Es-Salaam,
Mombasa, Zanzibar accepted on all sailings,
+
SUMATRA-MALAYA-CHINA SERVICE
11th August
Arrivals
Sallings
"HEINRICH JESSEN"
from B. Dell
to Amoy & Swatow,
& Straits,
10th August
"VAN BEUTSZ"
In port
In Sirails &
B. Dell, 18th Aug,
to Amoy & Swatow,
22nd August.
to Straits &
B. Dell, 20th August,
Agents: HOLLAND-EAST ASIA LINE
Arrivals Iron Europe
Skilings
to Shanghal & Japan
11th August,
to Europe
"MEERKERK“
"ANNENKERK"
9th August from Europe "23rd August
vin Montla
and Straits
15th September
"LANGLEESCOT""
from Europe
End September
to Europe via Manlia & Straits Mid October
Transhipment cargo on through Ba/L accepted te
Mediterranean and Northern European ports.
Agents: SILVER LINE LTD.
"SILVERWALNUT"
Arrivals
Ballinge
from U.S. Pacific coast Early Sept.
to Atlantic Ports and UB
Office Address: King's Buliding, Chinese Agents: 82, Connau ghi Rd.,
Mid. Sept.
Phones: 28018 & 28017
Tel. 31106 & 21533
DE LA RAMA LINES
Leade
via
· EXPRESS CARGO LINER SERVICES AMAT TO AND FROM PACIFIC à ATLANTIC COASTS
LOADING DATES IN U.S.A.
Atlantic Coast
Los Angeles
From
Atlantic Coast.)
Los Angeles
For
via
>
Atlantic Coast }
via
Los Angeles)
Datt.
Early Aug.
Carly Sept.
ARRIVALS
Date
my. "MINDORO”. M.Y. "HALLAND”
·
10th August DLY. "DONA ANICETA" 3rd Sept:
1.7. "TONGHIAI“ SAILINGS
Data
2014 August 8th Sept.
Vermi
in.T. "DONA-ANICETA" 2.v. “TONGHAI"
BOOKING AGENTS for P‚Á‚L
SHE DE LA RÁMA STEAMSHIP CO., INC.
Incorporated in the Philippines) ma
CHINESE. SHIPPING OFFICE T#: 23788--20158
MARINA HOUSE Tels. 23876-22675
BEN LINE STEAMERS LTD.
RB. "DENVENUE" 8.8. "DENVORLICH" 8.5. "BENLAWERS" --
8.8. "BENURUACILAN""
SHUP
ARRIVALS
FROM
Con Maiden Voyage). Uth -Auk. Bad Ang
fly Oct
BRADY
BAILINGS.
+TO
(Colomba
Aden, Port Sald
AWERA".
tLondon:
ACH"
(Hamburg
8.8: "BENVENUE"
Gopt
For Further Particulars; Apply To
LOXLEY & CO. (CHINA) LTD.
Bulidion
ERIKA KUEL GAU
CHINA MAIL, MONDAY, AUGUST 9, 1948.
FINANCE
AND COMMERCE
P.I. TO TRADE WITH JAPAN "Restricted Business" Through SCAP
ECONOMIC DISASTER AHEAD?
Washington, August 7, The Congress of Industrial Organisations said today that the nation was headed for an economic Pearl Harbour un-
STATEMENT BY:
MR.
QUIRINO
Manila, August 7,
President Quirino told a press conference of the Malacanan Palace tonight that the Philippings. will carry on restricted trade with Japon through SCAP.
The newly created Import Control Board will care
fully scrutinise the quantity and quality of im- ports from Japan to prevent the inflow of uh desirable goods.
less the 80th Congress set.up The President said at the price and other inflation can-same time, the Government will carefully screen exports to trols.
Japan to see they do not con- tribute to the rebuilding of Japan again into a dominant position in this part of the world.
The CIO Secretary-Treasurer, James. Carey, made the statement In evidence which he said he had prepared for the Senate Banking, Committee. He said he had "been denied" tire to present it. Instead of acting. Congress is bickering prices.
about who is to blame
"But we cannot walk for a mirasla,: for which most of the members of Congress seam to be looking to hatt Inflation from leading to an inevitable economic collapsa.”
for the
"Wage controj legislation neither necessary nor desir- able," he added
"Industry has raised prices for and away above the amount necessary to offret wage In- creases."--United Press.
SILVER AND
GOLD MARKETS
Bombay
The President disclosed a re- commendation of the Gover- ment Committee, which conduct-
w
NY STOCKS BOGGED DOWN
New York, August 8. ed public hearings on Philippine last weeks in a worass of good The stock market bogged down Japan trade, to hold in abeyance
Iron Ore
market
Brokers sald concern what Congress might do in
Japanese Bonds Payments
London, August 7., the outlook, for resumed payment London inancial bikeles regard on Juponese bonds as having been improved by the, amend- ment to
to the payments agreement between Japan and the sterling
which
for the. provides
Balp of Japanese textiles tų sterlink aren purchasers on a 100 per cent sterling basis-compared to the previous 50 per cent basis.
According to the Tokyo an- nouncement, the now provisions are expected to increase trado generally between, Japan and the
· sterling arco, since: Japan, could! be expected to sell increased new arrangement, quantities of textiles under the
and thereby earn more sterling with which to increase her purchases of sterling area goods.
The
London bond market, over however, recalling that Japan has the expressed her willingness to re-
the matter of normal trade rela- news. Except for Wednesday the tion tions with Japan until after a
wandered almlessly peace treaty is signed and, in throughout the week. the meantime, carry on trade with Japah on a restricted basis with the Philippine Government exer cising strict control for the pro-way of credit and price controls sume payments on bonds but hou tection of Philippina economy. was the main barrier to un setiva beon faced with the impossibility
market. Trading hit the lowest of obtaining the #ccessory level in five months an almost ling, thinks that the first call on Pinter- infallible sign that the market the additional sterling likely to was entirely professional. This be earned by Japanese textiles happened. despite
Wall Street's should be for the band service. appraisal of the news, which and that it would be, foolish to looks like this:
supply Japan with goods that Congress is net seriously con- can be sold elsewhere until in- sidering any legalation that could terest payments on the Japanese The President sild there was be considered even mildly, un-debt have been resumed.--Reuter, no plan to lift the embargo on favourable to business interests. iron ore exports, but that Gov- The old bugaboo of Berlin seem
Mr. Quirino sald he contur. red in the recommandation and announced he has set the im- part Control Board in opera tion.
ernment would study the mattered to have taken a decided turn if SCAP should request iron ore. for the better. Silver, Ready," per 100 totas He said: "At
"At uesent we need Business was flushed - with 376. Rupoes; Or Annas; Silver our iron ore for own
Our
indus-
success. Employment was high, Firward; per 100 talas. 176R, HA; | trial|sation programme...
.....Be-consumer income high, spending Stiver, Marwari (unofficial) 1751, fore we export fron ore we have high. The outlook was good to 10 be convinced that SCAP needs excellent, Profit and sales re- it very badly and that exporta ports in many mstances made the tion will not be a drain on our 1947 boom year look like a poor deposits."
Obviously referring to criticisin But, and here is the catch, in certain sections of the press Wall Street prices are geared to to last year's trade agreement what the market expects in the with SCAP, which allegedly was future not to what has already kept secret, the President said happened.-Associated Press. the
agreement was.. a. modus
fiold, delivered, per lola 112, 02A: Gold, Forward (unofficial) 111R, 04A, Gold, Sovereign 74.3. 13A
Ong tole is equal to 3/8th of
An ounire. Búános Aires: Sovereign, sellers 105.50.
buyers
103.50;
U.S. Ragles, buyers 107.00; Bel-vivendi to enable the Philippines lers 178.00.
to obtain needed materials from Japan and enable SCAP to ob-
Gold, Bar, per gramme, buyers 10.20; sellers 10.90, Alekandela
per
"dirrhem"
Egon pound 430.
Sovereign 40774 Tuskey pound 350. Napoleon 355.
tain needed materials from the Philippines such as copra, hemp 101 and lumber.
Dollars (plece de cing), 430. Silver (plustres per Kilogram)!
”།།གཟེད པ སྣུ མ
Ont "dirrbem is equal to 1/10th of an ounce. Bangkok
Trade Bolance
Mr. Quirino vald the agreer ment was not secret and had
biên pupHellét lý the nó papers but not given much at- tention then,...
He told the Philippines enjoy-
ed a favourable trade balance as
Gold, Bur, per bahtweight of figures showed experts to Japan
15.244 Grammes unquoted. Exchange Rate (Selling)
Bangkok of New York
19.80; ou London 80.50; on Hong Kong 3.74-Reuter.
MAERSK LINĖ,
Notice To Consignees
one.
CIRCULATION OF MONEY
Washington, August:8. | The Federal Reserve reported money peirculation in the United States in the week end- ed. August 4.-1948 totallest nearly U.S.$28,000,000,000,
It represented, an increase of US$100,000.000. is a woek but nearly US$300,000,000 lower than a year ago-Associated Press.
BUTCHERS SHUT UP SHOP
Chicago, August 7.
Rotail butchers began locking their doors today in some sections of the United States because they -no longer could stand high wholesale costs and
mounting consumer resistance.
instead at a wood's for a month
The Meat Dealers Association|paigns to halt buying mest dur- amounted to $12,000,000 while of Southern California an-ing next week. In Austin, Mrs. Imports totalled. $8,000,000.
nounced that 25 Los Angeles Lila Markhamn said cooperation The President concluded: Thove
butchers planned to close down with the price sarike which she always maintained that
indefinitely until wholesale organised was so good that the trade-with Japan should be toment prices come the
down or campaign may Philippines advantage. There is no danger in trade rela- customers bought more meat. tions with Japan. We have both that prices might drop slightly in There were some signs today import and expart controls."
the next few days, but consumer
Bald Infla. United Press...
resistance in the form of organ-
tion was the No problems fag ised price strikes was being ini
Ingall Americans, whites. tensified.
labourers or industrialists. He said the only solution was new. Texas cltles Joined Three 14 other towns
io increase factory and farm pro- in that Stale duction and the job could be done where
luunched
Americans together.
Notice To Consignces Consignees por Barber- Wilhelmsen Line.
M.V. TAMERLANË"
Women
cam-
Notice To Consignees
M.V. "MAIDEN CREEK”
Having arrived Hongkong
The M/V "LEISE MAERSK” having arrived from New York and Eorts of.call, Consigners of Cargo are hereby notified that their goods aro being landed and placed at their risk and cxpense into the Hangare hereby notified that their Hong & Kowloon Wharf & Go- town Company's godowns at cargo is being discharged into Kowloon, where delivery may wharf & Godown Co.'s godown the Hongkong & Kowloon by cht lied as soon as the goods where it will be at Consignees conflgnées of cargo are hereby are mnded.
risk and subject to the Whart': notified that all goods have]. Obtintal cargo will not be terms and conditions of storage been landed and placed at landed here, unless notice, has and where delivery may be their risk and expense into the Been given- 48 hours prior to obtained.
godowns of the Hongkong and yessel's arrival, but carried on
Kowloon Wharf and Godown from port to port to the final Damaged packages are to be Co., Ltd. where delivery may „port of call to which the option | left in the Godowns for be obtained as nobri
as the extenda
examination by Consignees and goods are landed.. the Company's Surveyors,
No claims will be admitted Mesars, Goddard & Douglas at
No claims will be admitted after the Goods have, left the 10 am on 2th August after tite goods have left the Godowis, į and all goods, re- mathing undklivered after the
godowns
ject to rent.
Alf broke danlaged Go in the 06
da with the General
în the 7 & 9 Xug, at 10 am.
th
14th August, 1940, will be sub-1 Bonded Warehouse Regulations All broken, thared and dam- consigneck, must have... a. Re- oged goods are to be left in venue Officer in attendance, the", godown where they will chafed and when damaged dutiable goods be examined in the presence of dro to be loft
Messrs. Goddard, and - Doug na Where they are examined:
on 13th No claim will be august 1948 at 10 ans have our after Clewis at admitted To comply with the General Survöydia Mesars. Goddard & Scamera godowns, and all Bonded Warehouse Regulations, Douglas.
godds · remaining · undelivered consignees, must have a Re- mly with the Genera after the 10th August, 1948, will venue Officer in attendance which examining damaged brghoting Regulations be subject to rent.
dutiable goodse siAll ¦ claima Her‡. All claims aga
↳ gainst
the against the vessel must, ¡¡bi
be foamer mist be presented to presented to the Underalgond the understand on or before within fourteen days of the th6:170) Aurum, 1948, or they alpa drrival, or they will not will not be recognised
be recognised (MANDA
Fire Insurance will be
ollecte
DODWELL & CON LTD.
August, 1940.
o Insurance will be
WALLAC C
Taliphone 1417EZ
Kline, Presi Alias: Kline, Towa, dent of the Anerican
Farm Bureau, F
Fides
pulled
must do
"It's it!
This not only for , but for the world." said Mr. Kling.
He added that the future of the human race depended on "what we do in America in the years just ahead-United Fress.
CHICAGO GRAINS
Chicago, August 8. Wheat, led an improvement in the grain markat Wheat closed to higher. September 2246, December 2273-24 May 222; July 2004 Corn one lower to one higher, Sept. 105%. Oats soybeans. 276 SEMELOT NOT 34,tp higher, September. 731
vember 2734adociated Press.
BAN
AMERICAN PRESIDENT LINES, LTD.
Passenger and Freight ---
REFRIGERATION-SPECIAL CARGO OIL TANKS--
CARGOGAIRE-SPECIE
TO MANILA
"President: Monroe" "General Meigs"
TO SAN FRANCISCO
"General Meigs" (via Manila &Guam) "President Wilson" (via Shanghai) "General Gordon" (vla Shanghai)...
·TO SAN FRANCISCO AND LOS "President Madison" (via Japan & Honolulu) "President Taft"
August 21
Algust. 21 ***v« *ཐིག ****Sept. 10. ANGELES
Augoit 17
Sept
To NEW YORK, BALTIMORE and BOSTON
via PANAMA "Furman Victory" (via Pacific Coast) "President Tylar" (via Pacific Coast)
X
................. August 12 Sept. 14
ROUND-THE-WORLD
VIA MANILA. SINGAPORE, COLOMBO, BOMBAY, KARACHI. -
• GUEZ, ALEXANDRIA, MARSEILLES, GENOA, NAPLES,
NEW YORK AND BOSTON,
"President Mdnebe" (calls Havann? "Louis Dell, Howe" (calla Karachi). "President Folk" (calls Karachi & Havana}
General Agents: Northwest Airlines
Actust 17 August 26
Sept.
Lykes Bros. Steamship Co., Inc.
8t. Georre Bldg.
Tel. No. 28172/28175
Gmericam Pioneer Linke
Arrivals from New York, Boston,
"RATTLER"
Other Atlantic Ports via Panama
"PIONEER WAVE“ "PIONEER LAKE"
"BATTLER". "PIONEER WAVE" "PIONEER LAKE"
Bent,
Sailings to Manila
Aur. 12 Book I Supt. 14
Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports vla
"RESOLUTE "COURSER"
"RATTLER"
Panama Canal
Special Cargo Oll Tanks
Due Aug. 13
Dub Aux. Due Sept. 8
For Full Particulars Cal
Salle Ang, 14
Salle Aur. 23
Sails Sept. 9
UNITED STATES LINES
General Agents
Queen's Building,
Tel: 31281 (3 lines).
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND
ms. "ROSEVILLE”: m.s. "CASTLEVILLE”
6th SEPT Oth OCT
ARRIVALS FROM PACIFIC COAST
m. "CASTLEVILLE
23ra AUGUS, SAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA,
24th 'AUGUSI
PASSENGER ACCOMMODATION. BULK OIL TANKB
Chinese Freight Agents. HOO FOOK-PING: THE BANK LANE (China) Ltd
Apply T THE BANK LINE (CHINA). ETDA King's: Building TEK
Pacifte For Cost Love, Juve
Fail Regular
-NEW YOHE.CHICMIC- MONTREAL'AND ALL"
-& CANADIAN