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ROYAL INTEROCEAN LINES

Passenger and

Freight Burns

JAVA-CHINA-JAPAN SERVICE

"TASMAN"

"TJIDADAK"

"TJTJALENGKA"

"TJISADANE”

Arrivals

le port

In port

from Macassor

A Javaporis 23rd Ja

from Mnenssar

& Javaports 4th Feb.

Sailings

to Javaports

& Macassar,

22nd Jan,

to Javaports

3rd

to Shanghai

24th Jan.

to Javaports & Macassar

3rd March

to Javaports

& Macassar

17th Feb

a.m.

ASIA-AFRICA¬SOUTH AMERICA SERVICE

"TEGELBERG“

in port,

Calling Mombasa directly *HUYS"

la port

"STRAAT SOENDA“

from

"BOISSEVAIN"

"BTHAAT MALAKKA"

South Africa, 12th February, from

South America

& South Africă,

31st March. from

South America

& South Africa,. 4th March.

“SKUMEE

South Africa

& South America

p.m. 25th Jan,

to South Africa

& South America

23rd Februry.

to South Africa

& South America,

21st March,

to South Africa

& South America,

18th April.

to South Africa

& South Amertra, 12th May.

Transhipment cargo on through Rs/L to Dar-Es-Balaam, Zanzibar ace epted on all mallugs.

SUMATRA-MALAYA-CHINA SERVICE

"TASMAN"

"VAN RIEMSDIJK"

Arrivals

In port

Sallings

to Singapore

from B. Dau

22nd Jan,

to Straits

& Sirnits

"VAN BEUTSZ"

27th Jan. In port

Dell.

8th Feb.

to Stralis

& B. Deil

2011 Fub.

Agents: HOLLAND-EAST ASIA LINE

*MEERKELK*

-RIJNKERK”

"MELISKERK"

“MARIEKERK"

Arrivals

from Japan. Shanghot 29th Jan,

from Europe

6th Feb,

from Europe Early March.

from Europe Early April.

Sallings

to Europe vin

Manila & Straits,

30th Jan.

to Shai, Japan

vis Keelung

7th Feb

to Europe via

Maulia & Stralts,

End Feb.

to Europe via

Manila & Stralis

Mid. March.

In Europe vin Manila & Straits, Mid April.

Transhipment cargo on through Bs/1, accepted to

Mediterranean and Northern European ports.

Office Address: King's Building, Phones: 28015, 28016 & 28017 Chinese Agents: 82, Connaught Rd., Tel. 31196 & 21533

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO m.v. "DONA ANICETA”

m.v. "TONGHAI

THE CHINA MAIL, BATURDAY, JANUARY 22,-1940.

FINANCE

AND

COMMERCE

BIG AMERICAN SPENDING

IN PHILIPPINE ISLANDS

Hong Kong Stock Exchange

Manito, January 21.

The United States Government has spent more than $1,800,000,000 in the Philippines since the islands ware libarátod in 1945.

This is a ten-figure fact usually lost among the ciphers of ald to Western Europe and other countries.

+

Huge Sum

It also forms an answer to projects. Their work has bech "critics who say the Brifted Bintestsporednaung dayaan manazohuo

Philippine Ja rebuilding Japan, a

archipelago. former entire

central bookkeeper has pre- | enemy, to the neglect of a former The Annual Race Meeting hos ally and dependency,

sented a detailed, factual account interfere with the market this

U.S. expenditures have placed of their activities. week and there is no criterion by the Philippines

in an enviable which netivities can be appraised.

nations sex. position. One of the Generally there has been a fair most devastated in

પા inensure

steadiness though the Philippines of

lo considered quotations have been inclined to among the most stable and pro-

sperous in the Orient today.

Dollar-backed into the islands are

pesos pouring

more res

•ponsible fox this condition than any other factor.

the errulle. The undertone Is steady, Shanghal Dockyards have declared a dividend of 70 cents (ILK.), "Star" Ferries have also declared a dividend of $8 free of tax.

II.K. GOVT. LOANB1

4% Loan 1ib,

MC Loan (1884 A 19401 X. Eat. 1001. * D (1948) X, int, P BANKS

H.K. B. Vank 188th, 1815/10/15mm.

Biesb, £108. Chartered Bank £13-1/32n Mercantile Bank A. & B. £zen,

Bank of East Avin 183b.

INSURANCER:

Chaton Ins. 876b. 3850, 376.

Unton Ins. 726n.

Chisa Underwriter Sun,

B.K. Fire Ina, 270.

SHIPPING

Douglance 237m.

H.K. & M. Steamboats 17% the

Ireds China (Pref.) $an.

(Def.) 20.

Shells (Bearer) 74/4150, Union Waterboats 370.

Asin Nav, 1,20%.

BOCKS, WHARVES, DODOWNS, Etc

II.K. AK, Wharven (Old) 13, 140,

139: (New) 182b, 135, 154/15

North Point Wherence 71⁄4m,

Sh. Honghew Wharvos 29th

II.K. Ducks 20!».

China Providenta 10%.

Shanghal Dockyarda lub, 10.10am. Wheelocks 34n.

MINING!

Book Mius 60.

1.K., Mines .02x.. LANDS, HOTELS AND BUILDINGS:

it. 8. Hotels 15,40b, 15.80p. IK. Las est, cum. Bhanghai Lande 1.40b, 3.40/2%a Humphreys 1019) seb,

(Now) 11.

H.K. Reallen 2.

Chlome Extaton 170. PUBLIC UTILITIES:

ELK, Tramways 20.70h, 20.50 Peak Troms (DW) 21a.

(New) 11n,

Star Ferries 142a.

C. Lights (Old) 14.805, 15.10,

New) 11, 111⁄2 1 ~HK. Electrica 895, 29%.

Mac Eletries 29%. Balkan Ilahta 15. Telethones 881.

Bhangini Gima 01. INDUSTRIALSI

Cald, Maes. (O) 29. Canton fee

71.

Cements 40%, 4%1⁄4n, Gian, II.K. Rupes 21

STORES &c.:

Dairy Farms (010) 1840,

(New) 441:

Wations (014) 50b, 621, 914.

(New) 61b, LS,

29th Jan.

1. Crawfords (Qld) 200.

(New) B

7th Feb.

SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

m.v. "DONA ANICETA”

31st Jan.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

CHINESE SHIPPING OFFICE Telt. 23738—20168

MARIÑA-HOUSE- Tela. 28076--22615

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MALACCA"

Loading about' 10th FEBRUARY

for

ADEN, PORT BAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN.

Tanks available for the carriage of oll in bulk.

THE EAST ASIATIC CO., LTD, Queen's Bldg, and' 'door.

CHINA MERCHANTS S.N. CO.

18: Connaught Road West.

– S.S, HÁI HSIA

Telephona 81631-

SAILINGS

Singapore

(With Passenger Accommodation).

FOR, Full

Jan. 25

Binceres b.

China Emporium 10. Ben Co. Liel, das.

Kwong Bong Kong 140b,

Wior On (HK) 105.

Wm. Powell, L. lin. MISCELLANEOUS,

China Entertainmenta EBA. II.K. Constructions (Old) £

(New] 4D.

Vibros (Old): 3.

(Now) an. Bisraman investments >^n. Harman (1.K.) 1.000. Shanghai Loan. 14%. Yanatius 4h.

COTTONS:

Ew 9.301, 0.40%, 0.20/7, 88, GUDDER, ETC., COMPANIEN:

Anglondava 0%.

Cheng Rubber .10. Consolidated in.. Dominions In. Kota Bahroe In. Padang Rubbers in. Itubber Truatur - 850, Samagas 1.10. Ek, Pahang,

Tanah Merahs 50n.

Taborge .400.

Zlangbes do.

NY RUBBER..

New York, January 21.

Part of the U.S., spending has been in outright recovery grant: to the two and one-half year old Philippine_republic.

A greater para reprezenta the

cost peso

of maintaining America's military position in this area of the Paciña. Payments of military bills can- not be considered direct recovery aid; but they can be considered

Only A Part

Small red, white and blue billboards announce o few in- dividual projects aided with U.S. funds, but the U.S. Government has failed to At all pieces of the complex puzzle together.

An Associated Press survey attempted to itemise from the Philippine liberation in 1945 to the end of 1948.

AMERICAN PRESIDENT LINES

Cargo Oil Tanks Refrigeration Cargoenite

TO HONOLULU AND SAN FRANCISCO

"General Gordon" (vla Shanghai & Japan)

London

"President Clovoland", (vía; Shanghai & Japan) "Gericrál Molga”, (via Manila) ...............im

Stock Exchange

London, January. 20. Although there was a lack of delving power in the markets 10 day, prices were generally firm."

Ölit-edad were idle spark from; ana ur-

T switching operations, prices remained steady.

AJAY

The

and

male muvements In Indentrials IZANE and were provided by building allied issues. There showed a long lies of mali bai waefvi,malno. feons and atecla were irregular and little meation

nade of other groups.

WAS

Practional gains were obtained. In, vila. Lenders were occasionally 1/82 higher bul turmah Oll were somewhat of a dombital

Yarket.

The task was complicated by the programme's divoralty

Chilean and the inability of some Speculative support sale agencies to distinguish between sans in the foreign bond section. 01 amounts allocated for expendler quietly Arm. Forelyn utilises pent ture and amounts actually quiet day but thero was renewed day. Ing of Braxlilan Irenes with the Port of spont,

Para debentures in a strong market.

prices.

It was made difficult by the The undertake of all actions En firm a distinct, contribution to Philip-fact that some records are con-but the rolume of trading remains at 1 pine national income.

Adential, while others are in tow lovel and really insufelent to test exact, cover varying periods or have been.

filed in Washington archives.

Results of the survey are 9

U.S. Government proximate. and diplomatle cources belleva they are fairly accurate and per-Conversion Loan, 3%, 1901, 106-18718 haps, conservative.

Funding Loati, 47%. 1980/00

Military

purchases, rentals, property improvements and the thousands of employment of Filipinos add to the islands well-being.

The $1,000,000,000 already spent is only part of what will be paid into the Philippines by the end of 1953.

It is estimated on the basis of works now In progress that that will amount to nearly $2,- 500,000,000 within the next three years.

had nother South African minings nuinerous

good. day. The recent downtrend appeare to have been checked and many of the developers rounded aina today. SECURITIESI

The survey shows that army, navy, and air; torce peso dia- bursement exceeds $1,405,000,- 000.-Associated Press.

British Console, 35%

War Loan, 45%. 198

Victory Bands, - 4% War Loan, 3%... INDUSTRIALS:

......480

British American Tobacco (

G.B.Ireland)

Feb. 2

Feb. 12

Feb. 18

TO SAN FRANCISCO AND LOS ANGELES .

"President Madison" (via Shanghai & Japan) "Mankato Victory"

Jan, 24

Jan. 25

"President Pterco" (via Japan)...

.............

Fab. 10

TÓ NEW YORK, BALTIMORE & BOSTON VIA PANAMA

-“Président Fillmore” (calls Pacific Coast)

Mar, 10

ROUND-THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHII, SUEZ, ALEXANDRIA, MARSEILLES, GENOA, NAPLES,

NEW YORK ang BOSTON

"Marine Snapper" (omits Manlia)

"President Polk"

“Mount. Davis", "Mount Mansfield"

St. George' Ktag.

Feb. 6

Feb. 8

Feb. 16

Mar 5

}

Tel. No. 28172/28133

Gmerican Promeer Line

Arrivals from New York, Boston, Other Atlantic Forts via Panania "PIONEER WAVE" ...........................

"TIONEER LAKE"

Sailings to Manila

Jan, 25

Feb. 1,

JAIL 95

Feb. 2

Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via

Panama Canal

22

.. 1142 10345 201 348%

"PIONEER WAVETM

"PIONEER LAKE'

6-13/10

Imperial Chemical Indust., ord: Imperial Tobacco Co. (of G.B

08/0

Iceland)

8%

TEA SHARES:

Aveam Consolidate). Ten

-Special Cargo Oil Tanks --

Assam Frontier "Tea

Assam Ton Company

20/

"COURSER” "PIONEER WAVE”

Doe Jan. 25

Salis Jan. 26

Due Feb. 13 ·

Salla. Feb. 10

Anglo-Emp. of India & Cryton Ten Co. 18-

...... 10/0

For Full Particulars Call

ANGLO-SWISS TRADE TALKS

Berne, January 21 Negotiations for an

Doors Tea Company

If 1.S. citizens are unaware of the programmes extent, they are not alone. Filipinos themselves though they benefit from it- have trouble grasping the pic-Swiss trade agreement for 1049 Imperio! Tea Company

will be resumed In London on

ture as a whole.

This is not surprising. For the whole is a sprawling Jigsaw puzzle.

At least 16 U.S. Government agencles sre involved. They have undertaken hundreds of

Notice To Consignees

CONSIGNEES PER AUSTRALIA-WEST

PACIFIC LINE

M/V "AROS"

HUBBER AHASI25:

January 24, Swiss communique Anglo-Dutch Plantation of Java 13/5 said yesterday.

•Preliminary negotiations were

In Switzerland completed week ago.-Associated Press.

Notice To Consignees

Consignees Fer

S.S, "BEVRACKIE”.

are hereby notified that their cargo is being discharged into the Hong-Kong & Kowloon are hereby notified that their] Wharf & Godown Co.'s. go¬ cargo is being discharged intoj down, where it will be at Con the Hongkong & Kowloon signees risk and subject to the Wharf &Godown Co's godown Wharf's terms and conditions where it will be at consignee's of storage, and where delivery risk and subject to the Wharf's, may be obtained" terms and condition of storage, and where delivery 'may be obtained.

· Damaged packages are to be left in the Godowns for ex- amination by Consignees, and the Company's . Surveyor, Messrs. Carmichael & Clarke at 10 a.m. 'on the 27th January.

Quala-Kalumponx Rubber Estate 11/ Rubber Plantation Invest. Trust 18/ MINE. SHA23;

Пистая Со

Crown Hines

Nundadroog Mines

Hand Blow Spring Min Sub Nigel

Tavoy Tin Ca

Union Corporation

OIL SHARES:

Royal Dutch Co.

Shell Transport & Tradik Oo. SHIPPING

toy

8

12/6

45

1/

เน

Lds' a

202/6

-21/01

r. 40. Bless Nevis. Cu, ard- 11/10 GILTEDOEDI Funding R, 55% National War Donde, %

194270:

1952/54

* 1054/66

1051/03

Bavings Bondi, 8%1

1968/68

1160/7

1068/75

·

UNITED STATES LINES

Company

104%

100-17/21

103-7/151

Queen's Buliding,

102-15/14

102-1/16

208

10-11/10 301-18/10

Exchequer Blonde, 1%. 1050 100415/53 Damaged packages are to be Redemption Stock, 3%, 1088/00 101% left in the Godown for exam-

FOREIGN DONDE German Loan (Dawes), 71% Ination by Consignees and the aneso 50, 1007/47, 28% Company's surveyors, Messre, Japantes 1%.-1984/69 02129 Carmichael & Clarko, at 10 Jap. 8. Manchurian By..%. 1921 17 a.m. on January 24th, 1940.

To comply with the General Bonded Warehouse Regulations Consignees must have, a Re To comply with the General venue Officer in attendance Bonded Warehouse Regulations when damaged dutiable goods consignees must have a Revenue are examined. 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 No claims will be admitted goods remaining undelivered after the goods have left the after January 28th, 1948, wul atcamer's godowns, and all be subject to rent goods remaining undelivered after the 28th January will be subject to rent

All claims against the steamer must be presented to the under- signed on or before the 4th] Crude rubber standard closed † February 1940 or they will notėj 25 to 30 higher. Soles were four be recognised.. contracts.

March 10.10 nominal. May.18.95 nominal.“ Crude rubber No. 1 closed un- changed to 15 higher with sales

of 09:contracts.

March 10.30.

May. 10.10, bid.s

Spat No. 1 ribbert smoke kheels 10% nominal-Associated Press.

12

|: No': Fico' Insurance will bo effecita,

DODWELL & CO., LTD;;

·Agents,

BANKS

Chartered Bank of I, A. & C. 12-1/32° Hong Kong and Shanghai Bank 103 Mercantile, Bank of India" CHINESE EXTERNAL LOANS: Tiental-Pukow Hallway, 4% Lung-Thing-U-X[n] Xlyw>5%, 1911 Reorg. Loan 6%, Len. Jutue, 1919. 18 Crisp Loms, 6, 1912 Bukwang. Hallware, $% 1011.. Hovan ifwar, 6%. 1908 ...

Kawloon Canton Railwıyı,' 65%,'

Sterling Donds

Shanghai Nanking Tra., 5%..

Tel. 31251 (3 inor)

BEN LINE

14

5

D

*BENVRACKIE" "BENVENUE"

"BENREOÇH"

-Hauser,

Money Market

All claims against the steam- The drop in gold was stemmed er must be presented to the yesterday when the price recover- undersigned on or before 14th ed at the opening to HCS310, 4 February, 1949, or they will not fael, though it later dropped be recognised.

again to $300.00. The closing quotation was $309.

US dollars slid to HK$5.10 af No Fire Insurance will beter opening at 35.18 Thursday's effected

closing rate was 115100g

W. R. LOXLEY & CO. (CHINA), LTD.,

Agents, Ben Line Steamers Ltd.

Hongkong, Jansfary 21, 1940. Hong Kong, January 21, 1949,

NEAR BIR ME HAN

Pacific For East Live, Inc.

Fast Regular

GAM --WRANCISCO, LOW- ANGELES

"LOUIS BLUES** "GOVERNOR DIXON" *SURPRISE****** "JOFLIN_VICTQET".

"SKÁ"HERPENT" ↑ “LUXEMBOURG VICTORI

Los Angeles ¦

Los Angele

Ban Francines

Trans-Pacific Service

OVERLAND

---), NEW! TORE-CHICAGO DETROIT/TORONTO, MONTREAL AND ALL AMERICAN SCANADIAN¬OTTIERR

Tekshámú

-Ban Francines, Los Angeles' viac

· Bhanghai, Kobe'i Tokakauną,"

Gold Yuan was, quoted at 2.7 and 2.725 cents for Hong Kong delivery, 2475 and 2.6 ecata for remittances to Canton, .and 1.725, and 1.825 foents for remit- tances to Shanghal.

Plastres opened at HK$8.25 a 100 and closed at $9.40.

Ticals went up by 10 cents tai HK$24.10 a 100.

ANEI Guilders oponed at HKS 32.00 a 100 and closed at-832.40.

Sterling went up further to HRA 16.45, but Australian pounds were unchanged at HK$12.54.

Notice To Consigneor

M/V-"MEMNON"

Damaged cargo ex this vessel will be surveyed at, Holt's Whatt between 10• &.m and noon, on January 24, 1949, and consignees and requested to have their representatives pra- sent during the survey,

- BUTTERFIELD & SWIRE,

Hong Kong January 23, 1040

"BENVRACKIE”

"BENEFOCH"

"BENVENUE"

AKB

ARRIVALS

FROM

U.K.

UR SAILINGS

TO::

DUB Discharging K/Wharf

23rd Jan.

Early Feb.

LOADING

Liverpool & Glasgow 24th Jan.

only.

Loudon

Vist half Feb.

via Aden, Fort Baid,

Havre & Antwerp,

EXPRESS SERVICE

Direct Hong.. Keng-London (about 28 days)

vin Singapore

LOADING",

26th Jan.

(Also necepts cavgs. för: Antwerp, Rotterdam and Hull)

For Further Particulars, Apply To ECU POS WAR. LOXLEY & CO (CHINA) LTD. Agents

Xork Building,”

Telephone: 34105.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, San Francisco, Vancouver,

Seattle & Fortland

M.S. "FRANCISVILLE”.........

28th Feb.

16th Feb.

ARRIVALS FROM PACIFIC COAST M.S. "CASTLEVILLE!

Salling to Singapore, Port Swettenham & Batavia M.S. "CASTLEVILLE!

Falsenger Accommodation. Chinese Tralaht haente, HOO FOOK PING:

THE BANK LINE I

17th Feb. bank Of Tanks

·Applu Sami

THE BANK LINE (CHINA) LTD.

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