Tuge 12
THE CHINA MAIL," TUESDAY, NOVÊMBER 30, 1948.
ROYAL INTEROCEAN LINES
Passenger and
Freight Sotras
JAVA-CHINA-JAPÁN SERVICE
"TASMAN"
**PJITJALENGKA“,
"THISADANE'
"THADAK"
Arrivals
from Amey 7th December.
frum Morusur A Javaborts 12th Dec.
from MacuSMIT
& Javaporis, 3rd December Trom Amoy, 2nd December,
Balings
to Javaporta & Macassar, 8th December. 10 Javaports & Marissar 23rd Dec.
lo Javiports
& Macassar, Uth January,
to Javaporta
& Macassar 3rd February.
ASIA -- AFRICA-SOUTH AMERICA' SERVICF
TODAMPER
Arrival
Iran Japan Shanghal
Crven
Balling
to South Africa
& South Atterlco
1 December,
to South Africa
& South Americn
TELEMENTS
Oh Doc.
Wath Vourica.
* South Afme.... 14th January
3rd December.
fput
in South Afrien
RUYS
testa
1th February.
Sorth Americ
& South America.
A South Africa
15th Jamary.
"STRAAT MALAKKA“
South Ame
to South Africa
& South Africa, and February.
South America, 1501 March,
Demreshipment exeķu on through Bs/L to Dar-Ka-Balanıs
Mombasa, Zabalhar accepted on all sailings. SUMATBÁ--MALAYA-CHINA SERVICE
Railing
to Straits
VAN RIEMSDIJK“
Iron Any
A Swado
* B. Deli.
4th Drevantva,
6th Übergaber.
"TASALAN"
4 Act,s
Sta Beeeather,
to Samrapure.
8th Decriaber.
Agents: 4104 LAND-EAST ASIA LINF
MOLENKARK
VEERKERK'
"RIJNICERK"
Arrivals
frem. Bartspan
Std D
from Europes
Carly Jan
From Europ Eru! Jatundy.
Saling
to Shanghai, Japan 7th December,
to Europe Vin Manib
& Strails.
Mid December
to Europe via
Monita & Straits
Mid January.
to Europe vin
Manila & Straits,
Mld February,
Transhipment cargo on through Bat. accepted se
Mediterranean and Northern European ports.
Agents: SILVER LINE LTD.'
SILVERBRIAR“
Arrivals
from US
Solinge U.S.
ta Parete Cret "la Allantie port
18th December, #5th Derenler.
ffice Address: King's Buliding. Phours: 28015, 26016. & 28017
Binese Agents; 82. Connaught Rd. Tel. 31196 & 21533
DE LA RAMA LINES
EXPRESS CARGO LIVER SERVICES
TO AND FROM PACIFIC « ATLANTIC COASTS
ARRIVING FROM U.S. ATLANTIC COAST
VIA TACOMA
m.v. "DONA NATI".
m.v. "DONA ANICETA”
m.y. "TONGHAI”
FINANCE AND
COMMERCE
DIVIDEND PAYMENTS HEADING NEW HIGH RECORD IN U.S.
FOR
Hong Kong Stock Exchange
A quiet day coupled with an ensiness in quotations.
T1.6. GOVT. LUANNI
41 142.
$55 Loan 1925 & 191) 1940, ** 1
BANKN
SK, H Itank t
Chartered Bak 11.
Sterrantie Hank A. &'H, ASIA, Bank of Past Ann 1043%). INSURANCES -
Canton tre, 34, 37ban,
Union Cum Tibn.
Cisten Underwriters 4,90
H.K. Fire Inn, 2003, 2. SHIPPING
Bongines 2376.
HK. A M... Stromluate 171,t, Indo Chitin leef, Von.
Thefa 156n.
Shells theater 17, 0. Union Waterbuka 37 n. DOCKS, WHARVES, BOOnown), Elec. 1
H.. Wharven (4) 134.
News 120. North Potut Wherver 1 ̧u. Hh. Hangkem Wharver Dis 9.K. Derke Zarjn.
"Tins 'fadenite 201.
Monalna Pockyneth 31956. MINING:
Staub Mines 0721.
KK, Minne
LANDS, HOTELS ▲ BUILDINGS:
&Boch 15,60b, 14.
B.K. La fika, Gulyuz Shanghal Sarl 3 156, 314 Humphreys X. Aus 17.
lettes yn
H. Reitles 190, Chinese Estates 179. PUMA UTILITIES:
1. Trways 1520%, 20:48, Peak Toorn (old) Hin
(New In
Bis Ferrb 1350
Light ON AIG 20708, Sima. 1.K. Electrice salle adhya Mara Electrica 21. Bendaken Sights 12.60n. Telephone Malam. Shanghai Gon Ain. INDUSTRIALS:
Cald, Mang. (Uzd.) –£5m
gton Bern T
Comente 5716 32 tamm
I o N
STORES, Ele,
Dairy Farms 408ly dis.
Watone
(New) 441,
(03) 5715». 114mm. (New Alm.
t'forta +X. Rtn. Min.
Light) IT
נן
Klaceres 5.901.
China Emporiam D21, 10na. Bun Co., 18, 19,4,
Kwong Bang Reng' 1120.
Wing On LK 118n.
19th Doc.
Wm. Powell, Lad in. MISCELLANEO16:
22nd Jan.
27th Jan.
LOADING FOR U.S. ATLANTIC COAST
VIA LOS ANGELES
m.v. "DONA NATI”
m.y. "BENARES"
M.V. "DONA ANICETA"
21st Dec.
8th Jan.
25th Jan.
THE DE LA RAMA STEAMSHIP CO., INC.
Fincorporated in the Philippines)
MARINA HOUSE
Tels 23876-22075
CHINESE SHIPPING OFFICE Tels. 23788--20168
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
S.S. "NIKOBAR"
Now Loading. for
ADEN, PORT SAID. TANGIER, CASABLANCA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG,
COPENHAGEŃ & GDYNIA
M.S. "KOREA”
loading about 15th DECEMBER for
COLOMBO, ADEN, PORT SAID, ALEXANDRIA, GENOA,
TANGIER, CASABLANCA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENB URG; COPENHAGEN
AND GDYNIA
Tanks available for the 'enrriage of oil in bulk.
THE EAST ASIATIC CO., LTD.
Queen's Bldg, 2nd floor.
Tel. 34111 & 34113.
CHINA MERCHANTS S.N. CO.
18 Connaught Road West.
S.S. "HAI FEI"
Telephone 81639,
SAILINGS
Shanghai
Dec. 3
(With Passenger Accommodation), Cargo for Teing-Tao, Hankow & Tiantain kopaptabla
on through, bjils of lading.
For full particulara.please apply to the above.
Chlon Endertshumenta 364, II.K. Construcțfour (Old) $1, .
(New) 14.
Vibros 4014) 198.
| Never Hing Marsman Investments 13/3a. Mara (L.) 46. COTTONS;
Ewen 18.100. RUBBERN,, ETC., COMPANIES
Anglodova Alin, Cheng Hublure 700. Commutidnim Hukbera 21. Dominion Rebbers In. Kata Entre.
Indang tabbers la
Hubber Trimis 354ħ. Sansa tublure 1.10.
Shanghai Pahang 2.
Tanah Meraha (in. Trbons Rublers- „500. Zlankbe Rubbera n.
Money
Market
New York, November 29.
Dividend payments to the owners of American busi-
nass are headed for a new high
Not since the lush days of 1921-30 have such gener-
ous dividends been paid on capital stock as a. reflection of high earnings.
Dickering Over World Wheat Price
Moody's Investors Service's; Of course, not everybody has adjusted index of the anna.) been making record amounts of
Washington, November (28. rate of dividends on 200 stocks inuney. A great number of food.
The American at, the end of October stood at airline and motion picture cont
newspaper ples have not been doing as columnist, Drew Pearson, $2.00 a share.
And a long listserted today that Britain and miscellaneous organisations
well as others.
-
have run into profit frouble from the United States had put out high material and high operating bargaining feelers for costs.
maximun price for world
That is the highest point since July, 1030 when it was 204, The all-time high was 303 March, 1930. The high point last year was 255 in December after fina dividends
This for the year.
a new
Mixed in with it all is a note wheat. your earnings in the first nine of caution that the peak of i13-
He said the British were seck- months were around 30 per cent flation already is past, and it willing $1.50 a bushel in any new
On the be long time before profits are higher than a year ago.
International ngreement, which basis of divineids paid so far in again what they are today. Ina-
pric. wan 50 cents below the have raised the November, an inerenas is expect-tion and tazen
Britain and the tioing business to the approved by ed for this mouth-and the Index cost of is only 13 cents away from a new place where Industry claims that other nations In the Internation- ad-time high.
the break-even point (the level al Wheat Agreement negotinted
profits last year. above which of Income can be made) at historic peuks jur many companies.
The Standard Statistics Com. pany Index also I at its high eat point since 1929 and well above the war years and post war period..
Various Labels
Typical Case
This agreement was nulliner when the American Congress ru- fused to ratify it,
Mr. Pearson udded that during the recent Food and Agricultural
Conference Probably the outstanding case Prunniention
in An Increased rate of dividenti
American spokes. particularly in paint is United States Steel, Washington, payments has been
for B evident in such industries as oil, the largest producer of its kind men nu put out feelers
shipments in world maximum price of $1.75 chemical, steel, building and the in the work. Its
were a months
next the
ftve years.-- These are fabelles in the first nine ratronds. various ways as extras, specials, peace-time record, but its earn- Ricreases In regular dividends, ings were below n. year ago. In- of payments, stock come this year was five per cent restimption dividends, or
are called of sales, the company reported, while Just year it was 0.4 per year-end dividend
As a rule, corporations prefer to make their additiofina dividend disbursements at the end of the year, By that time they know
stand 1st where they
011 211 for operational husis
the year and are able to look ahead a little bit for the coming yent.
cent.
U.S. Stael found it necessary to art made fund for depre. slation 00 per cent higher than the customary charge based on original cost.
over
Reuter.
Steel Setting. New Records
Pittsburgh.. November 29. Steel production records are Before the meeting of directors falling like ninepins.
Street widely
Στοπ Λεξι declare it
to
This gear, however, the pay- ments started earlier than usual, last month, Wall Probably because of the higher expected them earnings durity: The Arsi ine special dividend. They did not. months and the outlook for con- tinued high profits in the final quarter.
Note Of Caution
Then, too, there was the im- pelling desire to distribute the
~t~-kholders fo Insure against running afoul of
prusits,
Notice To Consignees
CIE DES MESSAGERIES
MARITIMES
Consignees Per Company's
5.S. "MANDO"
are hereby notified that their cargo is being discharged into The Hongkong & Kowloon Wharf & Godown Co.'s godown, where it will be at Consignees risk and subject to the Wharfa terms and conditions of stor age, and where delivery may be obtained as soon 18 the goods are landed.
Damaged packages are to be left in the Godowns for ex- amination by Consigneas and the Company's surveyors, Messrs. Goddard & Douglas at 10 a.m. on Saturday, 4th December, 1948.
To comply with the General Bonded Warehouse Regulations
- Gold made a spurt to HK$303 Consignees must have
in
Since then, miny another com- pany has adopted a cautious di- Idend attitule preferring te keep a larger share of profits in reserve for unknown trouble ahead.-Associated Press,
LEVELLING OFF
OF PRICES ·
New York, November 29. American industrial production is ready to drop and prices are continuing to level off, the No- tional Association of Purchasing Agents reports.
In a current survey, the Asso- station says, "The trends estab- lished in September and October orders continued, and reports show pro- duction high with back declining. The consensus of pur-. chasing executives is that pro- duction will fall off during De- cember, and possibly und back crders will decline fur- ther."Associated Press.
reported 7,973,410 tons of Ingots and steel for cast- ings were producer in October Thint is 147,000 tons above the ol record, set in March of 1944.
Production
Orst for the months was listed by the Ameri- can Iron and Steel Institute a 72,060,036. That is nearly 2,700,- 000 higher than the same perio last year when a new pencetime record was set.
Octuber's operating rate was J9.9 per cent of capacity--the highest since October 1943.-As- soclated Press.
AUSTRALIAN ORIENTAL LINE. LTD.
NOTICE TO PASSENGERS
CHANGTE
Salls noon 3rd December January, from Holt's Wharf, Kowloon.
Notice To Consignees
m.v. EASTERN SAGA
From Straits/Calcutta Arrived 20th November, 1948.
Damaged cargo ex this vessel;
21 Re- will be surveyed in the pre-
a tael shortly after the market venue Officer in attendance mises of the Hong Kong & opened yesterday, but the when damaged dutiable goods Kowloon Wharf & Godown Co. afternoon it fell back and closed are examined.
Ltd. between the hours of 109 at $207.25-two points below the
a.m. and 5 p.m. on Thursday, opening mate.
I'S
to
Con- have
No claims will be admitted 2nd December, 1948. dollars also spurted in the alter the goods have left the signees are advised morning, touching HK$5.22. Il
steamer's godowns, and all their Representatives present dropped back to 55.10 at the close goods remaining undelivered during the Survey,
There was a further weakening
in Gold Yuan yesterday. After opening at
December; after Monday, th
at 15 cents it dropped 1948, will be subject to rent.
to 14 cents in the afternoon. Can-
ton remittances dropped to 14% cents and Shanghai remittances to 11 cents.
Plastres opened at HK$9.62% a 100 and closed at $9.57%.
Ticals opened
at HK$25.80 p
100 and closed at $25.00.
NEI Guilders were also stronger, and opening at HK$33.70 300
elosing at $34.10.
Sterling were weaker, dropping
to HKS15.10 after opening at
Heavy baggage will be ac- cepted into No. 2 Godown. Holt's Wharf between 2.00 p.m. and 4.00p.m. on Thursday, 2nd December:
*Embarkation will take place [before 11:00 am. on the 3rd |
December.
BUTTERFIELD & SWIRE, Agents.
AMERICAN PRESIDENT LINES New York via Panama Trans-Pacific-Round the World
S.S. WILLAMETTE VICTORY
Arriving December 12
Sailing December 13
- for
MANILA, SINGAPORE, COLOMBO, BOMBAY, KABACIJĮ, SUEZ, PORT SAID, ALEXANDRIA, MARSEILLE, NAPLES, LEGILORN, GENOA, NEW YORK AND BOSTON
Bt. George's Bldg.
Tel. No. 28172/28175
American Promeer Line
Arrivals from New York, Boston, Other Atlantic Ports via Panama
"STAGHOUND" "GREENBAY VICTORY” "RESOLUTE“
Sailings to Manila
"STAG HOUND"
"GREENBAY VICTORY"
"RESOLUTE" (Cebu, Halln. Manila)
Dec. 5 Dec. 8
Dec. 12
Dec. 6
Dec. 9
Dec. 13
Sallings to New York. Boston, Philadelphia
Baltimore & Other Atlantic Ports via
Panama Canal
-PIONEER BAY" "STAGHOUND"
"GREEN DAY VICTORY"
Spreist Care Oil Tanka...
Due Dec. 7 17 Hur Dec. Due Dec 30
Salls Dec.
Sa's Deo.
8
18
Salls Dec. 31
For Full Pustimolar rati
UNITED STATES LINES
Juren's Bullding.
Company
Tel 31251 (3 lines)
BEN LINE
YOU
5.8. "BENNEVIS" S.S "HENARTY" S.S. "DENLOMOND" S.S. "BENVRACKIE”
FROM
TER VAR CAST
ARRIVALS
U.K.
U.IC.
U.K.
U.K.
SAILINGS
SHIP
TO
*5.5. "BENARTY" 18.8. "BENNEVIS"
5.9. "BENVRACKIE" 8.S. "BENLOMOND" *Calls at Genoa: †Cally at Leith.
W
Aden. Port Said,
Kurve, London.
13 Dec. Md. Dec. End Dec.
Mid Jan.
LOADING
Mid Deo.
End 'Dec.
Antwerp. Rotterdam, Mid Jan. Hamburg & Hull, End Jan.
----rur Further Particulars. Apply To- R. LOXLEY & CO. (CHINA) LTD
Agents
Tork Building
Telephone; 34165
Notice To Consignpes KLAVENESS LINE
M/V "VILJA”
Having arrived Hong Kong: Consignees are warned that consignees of cargo are hereby claims for damage or shortage notified that all goods have All claims against the may not be accepted if the been landed and placed at their surveyed by risk and expense into the steamer must be presented to damage is not the undersigned on or before Messrs. Goddard & Douglas in godowns of the China- Provi- 1948 or the presence of Consignees' dent L. & M. Co., Ltd. where the 24th December, they will not be recognised.
No Fire Insurance will be effected.
CIE DES MESSAGERIES
MARITIMES.
$15.30. It was $15.40 on Saturday. Hong Kong, Nov. 20, 1948.
Australian pounds were changed at HK$12.54.
un-
at
this
obtained as ap-delivery may be
soon as the goods are landed. No claims will be admitted after the goods, have left the godowns.
Representatives pointed: time.
JARDINE, MATHESON & CO., LTD. General Mariagers, Indo China Steam. Navigation
Co., Ltd.
Pacific Far East Line, Inc.
Fast Regular Trans-Pacific Service
DIRECT
BAM: FRANCISCO,· LOS: ANGHAS
Vessel
Voy.
8.3. "JOPLIN VICTORY" B3.CHINA BEARYCOS
3. "Wih, IL: Kendrick”- 8.3. "FLYING DRAGON" 6.5. "LUXEMBOURG
VICTORY" *
OVERLAND
NEW YORK-ORIOAGO-DETROIT-TORONTO. MONTRÉAL AND ALL AMERICAN & CANADIAN`CITIES.
| For San Francisco"
Los Angeles
Arrives Hongkong
Salla
Salling from San Francisco and Los Angeles tor Hongkong as soon as enrgo bookings can be loaded..
REFRIGERATION 4 DRY - CARGO •* CARGO OIL TANKS" For full partiquiara call Ciomaral Agenta:: UNITED STATES, LINES CO. "Queen's Bldg. Tol. 31251
༑ ལ ་སྟེ༞
All broken, chufed and dam- aged goods are to be left in the godown where they will be ex- amined in the presence of Messrs. Goddard arid. Douglas on the December 2, 1940 at 10 atrí.
To comply with the General Bonded Warehouse Regulations, consignees must have a Re- veque. Oficer in attendance when examining damaged duti- able: goods. "Alϡ claims against the vessel must be presented to the Undersigned within fourteen days of the ship's be arrival, or they will not recognised.
No. fire insurance will be effected.
WALLEN & CO„
Agents) Telephone: 3417740.
in so' tant in kittledizi
SAILINGS
DIRECT TO VANCOUVER AND TACOMA më. "CASTLEVILLE” ....Loading
ARRIVALS FROM PACIFIC COAST M.6. "CASTLEVILLE" ......Arriving M.S. "ROSEVILLE"
9th Dec,
Üth Dec. ...24th Dec.
PASSENGER ACCOMMODATION. BULE OIL TANKS
Chinese Freight Agents. HOD FOOK'EING
THE BANK LINE (China) Ltd
-Apply
THE BANK LINE (CHINA) LTD. King's Building. Tel. 27703
FASTEST DAILY SERVICE TO AND FROM MACAD··
T.S.S. "MERRY MOLLER"
· Leaving · Hong Kong 8.30 am Dully; from Wing fok - Whart Leaving Macau ' 2.60 p.m. Dally
· Times, subject, to ›ulleration withosh noties
MOLLERS (HONGKONG). LIMITED
BONG KONG