Page, 14
ROYAL INTEROCEAN LINES
JAVA-CHINA SERVICE
**TJTJALENGKA"
“FJISADANĖ"
""TJINADAK"
•
“Arrival
From Shanghai
& 'Amoy 26th April. From Macassar
& Javaporta 28th April
From Macassar
& Java Ports 13th May.
Sailing
is invaports
& MachssaT
28th April,
to Shanghai
20th April.
to Javaports & Macassar
12th May.
to Shanghai
14th May.
to Java Ports &
Macassar
20th May.
HONGKONG-MANILA-CHINA SERVICE
*TASMAN"
Arrivals
From Manila & Amay 28th April.
Sallings
to Manila & Amoy 3rd May,
SUMATRA-—MALAYA—CHINA SERVICE.
"YAN HIEMSDIJK"
VAN HEUTSZ”
Arrivals
From Amay
& Swatow
20th April From B. Qei & Straity
29th April,
ASIA-AFRICA-S. AMERICA
"BOISSEVAIN"
"TEGELBERG"
Arrivals
From Jupite 29th April
Sallin
TO B DELI & STRAITS 27th April.
8th May. SERVICE Saulings
TO EAST & SOUTH AFRICA
& SOUTH AMERICA, 3rd May,
"STRAAT SOENDA"
From Japan 21st May
24th May.
FROM SOUTH AMERICA &
SOUTH AFRICA,
7th June.
2nd June,
18th May.
18th July.
**TFIKAMPEK"
All Steamers Calling Mombasa & L. Marques Direct.
Transhipment cargo on through B/L to Dar-Es-Salaam.
Zantlbar accepit, on all sailings.
Agents: HOLLAND-EAST ASIA LINE
"MARIERERK"
"MOLENKERK“
'MEERKERK"
“KLINKERK”
Arrivals
From Jupan
Shonghai
4th May.
FROM EUROPE
10th May.
early June
early July
Sallipes
lo Europe via
Manila & Straits,
5th May.
to Shanghai, Japan
12th May.
TO EUROPE
VIA MANILA,
& STRAITS
viel May.
Mid Juri
Mid July
Transhipment cargo on through B/L accepted to Indian,
Mediterraneat and Northern European ports. Agents: SILVER LINE
"SILVERPLANE"
Arrivals
Sallings
From US via
to U.S. nud May.
Pacle Const carly May.
Office Address: King', 'Ballding, Phones: 28015, 28016 & 28017
Chinese Agents: 82, Connaught Rd.
Tel. 31196 & 21533
DE LA RAMA LINES
ARRIVING FROM U.S. ATLANTIC COAST .
VIA LOS ANGELES & SAN FRANCISCO "DONA AURORA"
1.3.
.v. "BENARES"
m.v. "DONA ̃NATI“
4th May
5th May 28th May
SAILING FOR U.S. ATLANTIC COAST
VIA LOS ANGELES
m.v. "BENARES"........
7th May
28th June
1.5. "DONA AURORA“ (calls Shanghai & Japan) 4th June m.v. "DONA NATI"
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated In the Philippine)
MARINA HOUSE Tels. 23676--22675
CHINESE SHIPPING OFFICE Tel. 2373820153
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
M.S. "KAMBODIA
LOADING ABOUT 11th MAY
for
"
ADEN, FORT SAID, LE HAVRE, 'ÄNTWERP, ROTTERDAM,
GAMBURG, OSLO, GOTHENBURG AND COPENHAGEN,
Tanks available for the carriage of all in bulk
THE EAST ASIATIC CO., LTD.
· Queen's Bldg., 2nd floor.
Tel.: 34111 & 34112.
CHINA MERCHANTS S.N. CO.
15, Connaught Road, West.
S.S. TIEN SHAN
SAILINGS
Holkow
Telephone 31633.
THE CHINA MAIL, Saturday, ApriL 23, 1949.
FINANCE
AND
COMMERCE
"INEVITABLE CHANGE" IN THE GOLD PRICE
Hong Kong Stock Exchange
The resumption
business of after the Easter recess found an excited bull market. On sellers appearing in some force the ax- citement gave place to a more temperate altitude. The market has since turned quietly steady, and, though the earller gains have not been maintained, there is some chiffeulty i lling require menta at present levels.
The Directors of Indo-Chinn S.N. Co., Ltd., have announced a dividend of
on Preferred shares and dividend of 10% and bunits of 10% on Deferred shares all subject to appropriate rate of tux; the Directors of Chinese Estnies have declaret final divi- dend of $5 free of tax.
ILK. GOYT, LOANSI
4J101.
*** Fame (1906 * 1910) jezn.
BANKR M.K
#3113065, 1910/IG.
ston, Ben. XINZA. Chartered Bank £10-13,100. Mercantile Bank A. U. £200. Dank of East Anfo taun,
INSICANCER:
Cantun Ins, 3456, 355na, tal, Jos, food, Titra. China Unterwriter G. BK, Fire J. 6p.
BRIPPING,
Dom.
H.R. 4 M. Bentwats 17.
the Chines (Pref) 950.
+Det, 255.
Shell Bearer 06/7,
Union Waterboats X.D. 30. Ana Nav. 7AD.
DOCKS, WHARVES, GODOWNA, BC.1
H.K.K, Wharves 174,
North Polet Wharven 67, 5.70. Shanghai Honakew Wharvez Hün.
B.K Dock, 19 m.
Ching Providente X.D, GA.
Shanghai Dockyard
Wheckucke 2014.
MINING.
Raub then 142 n.
H.K. More Milan.
Blah,
LANDS, HOTELS AND BUILDINGS;
15. S. Ratels 115, 11.00e, 115 en. 1.K. La 445, 67me, Santo 2.40, 2.20a
Bumphreys 11,ven.
H.K. Belles n.
Cible Fatmire X.D. 165N.
PUBLIC UTILITIES:"
H.K. Tramways lüb. 17.
Pak Trat (0) 20.
(New) 11.
Star Ferries 1176,
K. Lights (Old) 136, 13.207.10.
(New) Bygh. 9w.w.40/4.0.
H.K. Electries 2.
Muzmo, Electries 28 n.
Sunakan Lights
2.
Telephones 241⁄2b, 25ım.
Sheraphy) Co 4
}
INDUSTRIALS:
Cald. Mace. (0) R.
Canton, Iers in.
Cemrata is
ILK. Ropes 10.10.
MTORES, Ct.t
•
Dulty Forine X.D, 50. Watsona 45. 448, 49743%)am.
le. Crawforin (Qld) 20m.
(New) 23.
Sinceres 0.800. Chinn Emporium in. Sun C. 18. 3, Kwong Haug Hot 112. Wing On (..) 100, Wi, Powell, Tad. Jin,
MISCELLANEOUB
China Entertainmenta dia. U.. Ctruetles (045) 6.
(Negs and Vibro Pilingi 16.
Mateman livewfsienta "9/-n. Marian H.K.
Shanghal Loen 26, 251. Yantas 3b.
COTTONE:
ደመው ግ.
EUDRER, Ele, COMPANIES:
Alsi Pätute.
Batu Anais Zơn.
Bui Flant 'in.' Chemaren 10.
Cheng Rubbers Iib. Consolidated 1.300, Dominion in.
Paddhatom
£50.
-Kápah Rubber
Nubber Trusia 2, Sa Bamarkera 10. Samambus Ben,
Bh. Kedah 3b.
Bh. Málara '40.
Bua Mangel ,10n. Hunzel Darla 10.00h. Tanah Meraha 80
-bare-2004
Capetown, April 21.
Mr. Nicolage Havengo, South African Minister of Finance, said today that thousands are plan- ning to benefit from the inevitable change in the price of gold which, they see, must come sooner or later.
The manifest injustice of the price of gold is being
many quarters, he said.
commented on in
Mr. Havenga was replying In the House of Assembly here to criticism by Mr. Frederick
former Sturrock,
Financo Minister, during the budget denate, that he had spoken hopefully about the gold price.
SOVIET ZONE IS LAGGING
New York Stock Exchange
New York, April 22.
the Heavy selling hattened stock market suddenly yesterday.
Individual stocks cracked one, to an extreme of three. The gen- »rál level of prices dropped to a Jow since February 28.
Whe
Nourty US$1,000,000,000 chopped off the value of all itsted stocks. Volume was 1,300,000 sitares, the largest this month. Wall Street sources said the sell. ing climaxed a long series of un- news developments. favourable These developments, they aid, showed business will not make as much money this year as it did last. Here are some recent new, Berlin, April 22. The Soviet Zone of Germany developments the niarket did no Finance is recovering only half as fast
Chinese situation,. price economically the Bizonal reductions
consumer to official wholesale levels, frillure of Can-
"By keeping silent on this subject. I should not have been serving the best interests of South Africa and of our greatest export Industry."
the
Mister sold.
Speaking of
Union's the balance of
payments and of im- port restrictions,
05
aren, according
The
the Minister | Russian Agures, a British econo- | Kress to produce satisfactory said that South Afrlea still has a mic expert stated here today. labour legislation, the long de-
cline
In business fonds, the strik- long way to go before the post- tion is restored.
The figures were given recent- | ingly unfavourable first quarter Vicecorpings
"It is likely that we may have to tide over the period until the import restrictions are in full
feet by suspending
our mini- mum reserven requirements,' he
ald.
ly by Brund Leuschner, President of the Economle Cominlssion.
Eastern zone
"Although they are given only us percentages, it is impossible to senpe the conclusion that the the Eust is very far bohlörl West," the British expert said.
Now Commitments The amounts for which new commitments could be entered Into for the first alx months of the second quota year be. pinning July 1 would have to be cut to allow overdrafta to Leuschner's figure for the in-
be worked off.
Not more than about £45.000.- 20 worth of new commitments could be
undertaken for sterling imports
orts and £40,000,- 000 for Stering imports.
Once the overdraft had been i cleared and the reserve restored, it would be possible to install new Import quotas. The Government cloes not intend to retain import restrictions
longer than necessary, Mr. Havenga added.-- Reuter.
any
Jap Trade Programme
Tokyo, April 21.
"Clearly it is easy to record a largo advance in percentages if the base figure is low," he” add- ed.
<rease of total Industrjal produc- tion from 1947 to 1948 was 26 per cent as ainst the Bizone's 54 per cent.
Individual
In
industries, where the percentage is pub lished, it is again posible to draw Interesting conclusions, the Expert eald.
He gave the following table of production increases:
Metals: Soviet Zone, 40 #ጥሮ cun!' Bizone, 71 to 154 according to industries.
Engineering: Soviet
Zone, 38
per cent; Blzone, 29 to 415.
Chemicals:--Soviet zone, 34 per cent; Biżone, 44 to 102-Reuter.
Money Market
شراقة
wos
yesterday
A Japanese Foreign Trade Bureau offlelel today outlined the Import-ckport programme for the fiscal year ending next March 31.
Jiro
Fujisawa, the burenu chief, said projected exports total £150,000,000 of which tex- tiles will cent, machinery metals nine per cent and other items, such as glass, chinaware, miscellaneous goods, coal, com- ent, canned goods, lumber, farm and marine products, medicine and chemicals running from one to six per cent..
Gold Yuan on to 11 cents for 10,000 for jiong
Kong delivery, 10 cents for remittances to Canton, and cents for remittances to Shanghai.
Plastres opened at HK$10, 07% account for 31 per 1 100 and closed at 20 cents
per eent.higher,
14
Ticals were unchanged at HK $24.10 a 100,
NEI. Gullders were lower at
$31.90- a -100.
Both Sterling and Australian pounds WCTU ungbanged at K$15.00 and HK$13, 20 respec- tively.. PAW
Projected imports total £260,- 000,000. Including textile materials as the top Item-some 850,000 bales of raw cotton £36,250,000.-United
valued
Press.
ን።
NY COTTON
New York, April 22. Cotton moved narrowly, clos- ing live to 60 higher.
33.01
34 32.20 — 22 28.02 23.79 nominat
May
July
October
December March
28.68 nominal
Middling spot. 32.01
Associated Press.
SHIP HITS MINE
Hamburg, Aprli 31. The Hamburg signal
station today reported that the Ameri- can-bullt freighter, Indian Mer- chant, owned by the Indina Steamship Company of Calcutta, struck a mine of the Island of Borkum In the North Sea.
PI INTERNAL REVENUE UP
American
of report
of Woollen, curtailment
opera- tions by some business.
Dow Jones averages. Stock: 02.05;
19 20 Industrials: 173.24; Rails 47.33:10 Utilities 35.04.
Closing quolations:
Aduras Express: 18 Aimska Jones: A American Ch.92 American Smritisgi, 45 Ameriena. Telepbane: 241 American Tolnego; Ga Amelen Waterworks: 75% Anaconda Copper à 30 Abition Corporation Baldwin Lawumotive: 10% Barna: 44
Bendix Aviation: 13% Nethlehem Mel: Big Aircraft; 213% Burson Co 40%
Canadian Pacific: 1
1.1 *Caret 325
Chrysler: 54
Coletes
A
Commercial Sailrentes 1472
Corn Krulueta
Du Pont: 1806
LINES
Cargo Oil Tanks Befrigeration--Cargopalre
TO HONOLULU AND SAN FRANCISCO
viạ SHANGHAI & JAPAN
"General Gordon" (via Manila & Japan)
"President Wilson
Apr. 24
"President Cleveland"
May 7
MAY 22
TO SAN FRANCISCO AND LOS ANGELES
via JAPAN
"President McKinley"
May 11
"President Tatt"
May 19
TO NEW YORK, BALTIMORE & BOSTON via PANAMA
"President Gràng” (Direct to Puolfic, Coast) "President Johnson" (Direct to Pacific, Coast)
ROUND-THE WORLD
************* May 7 Krokar Jnë 10
VIA MANILA, SINGAPORE, COLOMBO, KARACHL BUEZ,
PORT SAID, ALEXANDEIA, NAPLES, MARSEILLES,
GENOA, NEW YORK and BOSTON
"President Van Buren"
"President Jefferson"
May 4 May 10
"Marine Snapper"
May 28
ARRIVING FROM SAN FRANCISCO
"President Johnson"
May 10
St. George's Bldg.
Tel. 28172/5,
American Pioneer Line
Arrivals from New York, Boston,
Other Atlantic Ports via Panama
"PIONEER MAIL"
"FIONEER BAY"
PIONERR DALE"
Apr. 24
May 2
May. 18
"PIONEER LAND"
May 20
Sallings to Manila
"PIONEER MAIL"
"PIONEER BAY"
"PIONEER DALE (Thence to New York Direct)
Apr. 25
May 3
Alay 19
PIONEER. LAND"
May 21
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
Shanghai, Japan & Panama Canal -Special Cargo Oll Tanks→
"PIONEER BAY" (yla Manila) Due May 2
Sails May 3
"PIONEER MAIL" "PIONEER DALE"
Due May 12 Die June G
Bally May 14
Sails June 8
1
Electric Slabt & Power: 23 General Electric: 37
Entran Kuntik;
General Mature: 38%%% Gewrich: 63
Cinoyrar: 41%
Homestzke Mining; 4145 International Murventer: 245 International Paper: 48% International Tel, à Tel: Juhos Manville, A Kraneepit Copper: 44% Montgomery Ward: 6 National Distillerm: 173 Matlus) Lend: 27
New York Central: 10% Packard Motors: 25% Pan-American Airenze: 24 Faxnsylvania : 15%
Raille Corporation: 13 Real Silki 121 Hemington Rand: Republic Steel; 218- Reynolds Tubaceu: 34% Behenley: 5
Gears Roebuck: 3714 Abell 34%
Bocony Vacuums: 14
Southern are: 40.
andard Brænila: 173
# N.J.: 67!
Standard Oil of Calif↑ GAYS Standbed Studebaker: 18 Bulan Bag: 30 Union Carbiter 27 US Rubber: 95% US Biel: 10% US Lines:
Westinghouse: 221§
Youngstown Sheet 2 Tuber 02% General Puble Utiles 1215
-Associated Press.
LONDON STOCKS
Manlia, April 22. The Philippines registered an increase at 50,000,000. Pesos in Internal revenue collections for
"London, April 22. Pront-taking in leading indus- the Arst nine months of the trials on the stock market yes- present fiscal year.
terday erased some gains scored. The Collector of Internal Re-earlier in the day. Bear selling venue, Bibiano L. Meer, reported also entered the market.
Prices that during the
period from generally closed irregular, January to March 31, collections
Gilt-edged issues were dren amounted 10 227,385,087 Pesos. with particulis demand fox For the corresponding period of medium dated shares. Kamira last scal year, the total was were mixed with Free State
Pesos. 177,120,000
Associated issues asler, Press.
Financial Times' Index: 115.0, oft .1-Associated Press,
CHICAGO GRAINS Chicago April 22, Whent added another cent ind
A radio imessage from the brisk trade, continuing Its cur vessel said she is proceeding to rent advance. The action bojster- Rotterdom at half speedUnited 'ed other grains which were weak
in eaply trading
Press,
TEXTILE, MARKET
Cotton
New York, April 22.
textile trading | was quiet. Scattered lots of prints and sheetings sold for quick dell-
Very.
Woollens were quiet with or- ders for Autumn worsteds slow. Ray business was routine. Associated Press.
July
When closed 4-14 higher. $2.24 1-96 $1.97 4- $1.07 4 31,09 %
September December Com was 4-% higher. May
$1.35 - Data were lowen to higher. May:
Soybeans were two higher. May
32-26 31-$2.27 Associated Press.
Pacific Far East Lou
Line
"Fast Regular" „Trans-Pacific Service
3,L TOVERLAND: NEW YORK-CHICAGO-PETRUIT-TOROK
- MONTREAL AND JALU" AWRITOAN 'A'DANKDAN DITTER,
For
DIRECT
SAN FRANCISCO, LOS ANGELES,
Tjene
Franciden
Apr. 11
April 26
"ORKAT › REPUBLIC" 4. "BRA SKIPANT "LIGHTNINGT
Apt. -22 shout Apt. #
Mens Brieichen # 304,
Ban Franclaro, & Late
"May "19
MAY 21
Mer 11
"PLYING DRAGON" ↑ "BUXFRINK" ↑
Notice To Consignees
M.V. "STENTOR“
Damaged cargo ex this vessel will be surveyed at Hbit's Whart between 10 a.m. and Invon on April 25 and 26, 1940 and consignees are requested to have their representatives pre- tsent during the survey. -
BUTTERFIELD & Swine, Agents. Hong Kong April 23, 1949.
NOTICE TO CONSIGNERS HOLLING
·P.-40., B. L., & E. & A. BILLS OF LADING Messrs. Goddard+'& Dotirlas
For Full Particulars Cali
The above list indicates the principal ports of loading and discharge as presently intended but not their rotation.
Fot further
information seo schedule at the Company's Office.
UNITED STATES LINĖS
Queen's Building,
Company
Tel. 3251 (3 Enes)
BEN LINE
SHIP
"BENWYVIS" "BENLEDI" *"BENRINNES* "BENAVON" BENARTY" "“DENVENUE"
SHIP "BENWYVIS”
{"BENLEDI" +"BENAVON"
"DENVENUE" "BENRINNES". “HENARTY"
OARD
FASH
ARRIVALS
FROM
U.K. via Singapore
SAILINGS
TO
Genoa, London, Búfi & Ekiti.
London, Antwerp, Rotterdath. Hamburg, Liverpool & Glasgow Liverpool; Havre, Antwerp, Rotter- dam, Hamburg.
Accepts chrgo for. Jöban
¡y calls at Port Sudan.
t. Calls at HIL. •
DUK
23rd April. ABL 5th May. girly. May,' 2nd half May. End of May. 1st half June.
J
LOADING
Abt. 25th April. Abt. 7th May. 2nd half May. 2dd half Jine. 1st half June,
2nd half June.
For Further Particulars, Apply To—-
W. R. LOXLEY & CO. (CHINA); LTD.
York Building..
"Agents
Telephone: 54165.
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, In 16 days Thence · San Francisco, Vancouver, Seattle & Portland M.S. "BOUGAINVILLE” Loading 30th April M.S. “SUNNYVILLE
30th May
Lánya, and /ohuridars within the free, Auksare, period - tá :aurvey damaged cargo, and consignees are requested to have their M.S. Ispraastiatives present. Exiless,
Hint at the Bårvey no claima can thereafter be admitted,
LASKINNON, MACKENZIB
ARRIVALS FROM PACIFIC COASTĂ "SUNNYVILLE"
23rd April “to singapore, Port Swettenham Belawan & Batavia mažu.
24th April
Bath Oil Tanks
可
ccommodation)
"WLTING DEACON. KI
*Futt
"Pl ́dre Apply to the Above
For full particulars deli Cisperal
Refrigerated Asorpte: Dry Cares: Kals › Mound,
KEN