'THE CHINA MAIL, MONDAY, APRIL 25, 1949,
BUTTERFIELD & SWIRE
Agents: CHINA NAVIGATION CO., LTD.
"TSINAN" "PRODUCE"
"ANHUI"
*PARHOP"
"HUNAN"
"TSINAN"
"SHENGKING"
"POYANU”
" "FOOCHOW"
BAILINGS TO Swatow
Bangkok
„Amoy, Swatow, Hollow,
Saigon, Singapore,
Belawan & Penaug Hwataw & Ponchow Inclou & Tientsin
Swatow
Shanghal
Takao, Yokohama
& Kobr
Singapore, Macassar,
Sourabaya & Ħalavia
Balls from Custodian Whart
"TOYANG"
"PAKHOP"
"HUPEN"
"SHENGKING“
**TNINAN"
*-YOCHOW" *SINKLANG “
"KATSHAN"
*WUSUFH"
ARRIVALS FROM
Bangkok
Singapore &Salgon ...... Tientsin & Inchon Shangbai & Keelung
Swntow
Bernco & Foochow Tientsin. Pusan &
Shanghal
RIVER SERVICE
„Hongkong/Canton DED. Hengkong 8 pm. 25th April. 9 p.m. 27th April.
HIK /MACAO DEP. I.K. Mon. to Fri. Dan. Saturday 2 pm.
4 p.m. 24th Apr.
5 p.m. 25th Apr.
10 a.m. 26th Apr.
•
4 p.m. 26th Apr.
5 p.m. 26th Apr.
6 p.m. 29th Ápr."
4 p.m. 28th Apr. *
5 p.m. 29th Apr,
8th May.
6 p.m. 25th Apr.
25th Apr.
a.m. 26th Apr.
7 no. 27th Apr.
9 a. 27th Apr. 9th Apr.
3rd May
Canton Hongkong ARB. Hongkong 8:30 am. 27th Apr.
10 am. 29th Apr. MACAO/UK
ARR. H.K.
Mon, to Fri, 6.45 p.m. Sunday 5.45 p..
Agents: BLUE FUNNEL LINE
SCHEDULE SAILINGS TO LIVERPOOL
"ASTYANAX" "CALCRAS"
"AGAPENOR"
MANTENOR"
"AGAPENOR"
"DOLIUS"
*AENEAS"
via Aden & Port Sald.
vla Genon Marseilles & Glasgow a.m. 26th Apr. via Tangier Casablanca &
Havre
via Genoa Marseilles & Glasgow
Arrivals frora
8th May 25th May
UK, vla Straits & Manila
1. via Straits
28th Apr.
1st May 14th May 16th May
NEW YORK SERVICE
*AGAMENNON"
24th Apr.
from U.S.A. via Manlin
Carriers option to procerd via other Ports to load and discharge
CATEG.
Agents: Australian-Oriental Line, Ltd.
"CHANGTE"
SHANSI
́"SOOCRO18"
Sallings to
"SHANSP
·CHANGTE"
"SOOCHOW"
Kure & Wokkach... Sundakan, Brisbane, Sydney & Melbourne ..Japan
noon 27th Apr.
4 .. 28th Apr. 23rd May
arrivals from
Australia & Manila Sydney & Brisbane Australia & Maujla ..
In part In port 18th May
All The Above Subject To Alteration Without Notice
General Agents for:
Booking Agents for:
AUSTRALIAN NATIONAL AIRWAYS, CATHAY PACIFIC AIRWAYS, SKYWAYS (FAR EAST) LTD. 1.0.A.C., C.N.A.C., H.K, AIRWAYS. POA.S., PA‚A., P.A.L. and N.W.A.
For passage and Freight Particulars Apply To The Above.
1. CONNAUGHT ROAD, CENTRAL.
Telephones; 30331/8 Private Exchange,
Branch Office--50 Connnught Rd., W. Tels. 25875, 32441, 21878.
HONG KONG-CANTON
M.V. "HONGKONG"
船輪江香
FLK, DEPARTURE:
10 p.m..
10 p.m.
10 p.m.
23/4/1949
27/1/1949
29/4/1949
1/5/1910.
TUNG ON WHARF
10 p.m.
CANTON DEPARTURE:
p.m.
24/4/1949
9 p.m.
2014/1949
9 pm.
28/4/1949
9 p.m.
30/4/1949
LUEN HING WHARF
Subject To Alteration Without Notice.
Passenger Tickets & Freight Particulars Obtainable At:
TAK KEE SHIPPING & TRADING CO., LTD.
AGENTS
136, CONNAUGHT ROAD CENTRAL (Office Hours, Tel. 22338, 27091)
OR
TUNG ON WHARF (Before sailing kours, Tel. 20545)
TAI CHING SHIPPING CORP.,
LTD.
KOREA STEAMSHIP COMPANY
DEPARTMENT OF TRANSPORTATION REPUBLIC OF KOREA
FINANCE AND
COMMERCE
SLOW PROGRESS IN EUROPEAN
London, April 23.
MEETING
The European Movement Conference, which entered its third day here today, is at the crossroads, according to M. Paul Van Zeeland, former Belgian Prime Minister,
After wrestling until the early hours of today on pro- blems of drafting resolutions for debate at a a plenary session tomorrows, Committee mem- bers re-assembled this morning to continue their work.
M. Van Zeeland told a Reu- "Important discussions are still ter's correspondent: "IL has taking pince between the mem- been perfectly obvinis during
bers of the Overscus Territories all the sessions here that every Committee, but
the always on bash that the associated Uverseas delegate has taken his job very
terrikiries are an integral part of seriously and that each has
the formation of a United Europe. realised that this conference has been one of the Steps
few forward peare and prosperity out the world.
greatest lasuring through-
vanne
Wild Rom It has In
<$119)-
"There have been many op posite views expressed, with zeal and sincerity:** When we here nobody thought It ing to be an easy task. fact proved to be even man cull thầm was anticipated. Every- One has realisųl that if we are to succeed, we must scevel not only for the sake of the Euro- pean masses but for the sake of the common man throughout the world.
"1 equilibrium and prosperity are not restored in Europe, nat only Europer will sufler but everyone is thee what," M Zeeland said.
Currency Problem
"We want unity in Europe and in the world. We are trying to take the appropriate steps to achieve it."
The inter-convertibility of Eu- ropean currencies was the main topie tackled by the members of the Monetary and Financial Com- mittee today.
Pot was Jent to their argu. ments by a report from America that Mr. Paul Hultmann, Econo- mte Co-operation Administrator,; bud spoken of such inter-con- vertibility being effected in the near future.
Effect Of New Yen Rate
Tokyo, April 23. The textile industry placed at the top of the list of enterprises in the export fold hardest hit by the new single exchange rate for Ja. pan, according to • Burvey made by the Commerce and Industry Ministry today.
The survey
atressed that raw silk will be the heaviest Butterer, adding that the do- mestic market will have to be thrown open to silk pro- ducors.
In the Import fald the survey said staple foods will ba the hardest hit--United Proas
European Rates Of Exchange
New York Stock Exchange
New York, April 24, The stock market pulled ahead on a broad front yesterday, Gains of fractiona to point or more appeared in almost every group. A few highs for the year wore posted.
Volume shares.
ran around. 340,000 Richfeld ON was the most actively traded issue for the second
successive day and again established a new high.
Richfield was up nearly two at one time, closing 30%, up Sinclair, second most active iskue, Richfeld la a gaine
at 23%. somewhat volatile stock, mainly because 60 per cent of its stock in by Sinclair Oil and Cilles Service.
Of 074 issues trailed, 301 ad- vanced, 123 declined.
Dow Junes averages: 20 Indus- trials 173.70, 15 Halls 47.45, 10 Utilities 35,55,
Closing quotations:
wurke *,
Corp.
の
。
Barnadell
33 3ם
Adams Expres 18. Alaska Jun *. American Con
American Smelting 65%, American Telephone 14. American Tobacon' 6415, American Water- Anaconda Copper 30, Aviation Hatuwin Locomotive 1. Că. Bendix Aviation 12. Bethlehem Steel 213%, Bordea Co. 10%. Carudian Pacife 12%, 1.1. Cane 83. Chrysler 50. Colrate 81%, Commercial Bolrenta 18, Corn Products 53, Du Punt 1892, Putman Kodak 44%. Electric General Electric
Light & Power 21. 37 hå General Mulore 67%. Goodyent
countries were 0.
Copper Moutgomery Ward 55.
Minneapolis, April 23. Mr. John Snyder, United Professor Arthur Montgomery, States Secretary of Treasury, 4%. Hommaks Mining 43. Inter Professor al the University of
2416, of Treasury, said today that if national Harvester
International Stockholm and one of the lead-
Pauer 13, International Tel. 2 Tol the European ers of
Juhn Manville 34%. Kennecut the Swedish delegation, to bulance their payments with Van todel Beuter's correspondent In
United to the
States, monetary "Everyone has had in them may have to adjust their He continued: "WC have mind the inter-convertibility of exchange rates before 1952.
European currencies.
the report
Mr. Hoffman's comments about it being achiev
ont
been led back to the
con. clusion-the problems of eco. nomic, political and social life cannot be isolated and must be brought together in unity.
Notice To Consignoos
M/V "SHANSI" 'arrived at
21.4.40
Damaged cargo lex this vessel will be surveyed by Messrs. Goddard & Douglas at Kowloon Wharf and induwn Co. Ltd's Godown No. 14 on the 26th and
27th April 1949, and consignees representatives are requested to be present during the Survey.
BUTTERFIELD & SWIRE, Agents.
Australian-Oriental Line Ltd.
Notice To Consignees
S/S "CHANGTE" arrived 22.4.49.
Damaged cargo ex this vessel will be surveyed by Messrs. Goddard & Douglas at Kowloon Wharf and Godown Co., Ltd.'s Godown No. 25A, on the 27th and 28th April 1940, and con- signees'
representatives re requested to be present during the Survey.
F
BUTTERFIELD & SWIRE, Agents.
retard gramme:
pro-
the
some of
He toki a bankers, conference here that the United States ex-
ed in the very near future pre-pects that reasonable stability will supposes a review of the ex-
be attained in Europe by 1952, change rates. Other matters, too, barring some great international
must be taken into consideration before such
Into operationem u be put
No Equilibrium
Continuing, Professor Mont- "I beileve it would gomery said. be quite impossible to introduce inter-convertibility if the present rates of exchange had not been closely
reviewed.
At present.
there is no equilibrium between the currencies of Europe.
"Some currenclen
catastrophe
The threat of Communist sabo- tage to the Marshall Plon is being met with the force of democratic power and determination.
Nallonal Datillers 17%, National Tract 2014 New York Ceriteni 11. Packand Motors 4. Pan-American AirwaYN 1%. Pengaziranis RR 144, Radio Corp. 12%. Remington Rand 81⁄2, Republie Atee? 223⁄4, Reyoubts Tobacco 36%, chenley 25%. Bear Holck SH, Shell Oil 354, Boony Vacuuts 15%. Southern Pacife 10%.
Handard Brands 17%. Standard Def Caff, 99%1⁄2. Standard Oil of N.J. 81%. Budebaker 18%, Uulun Ba 18%. Union Carbide 27%, US Rubber 38%, UR Blasi 71%, US Lirim 154, Westinghouse -82%. Youngstown Rheet & Tube 64. General Pubile Ultres 12-Associated Pre
NY COTTON
New York, April 24. terday. Futures closed 30 to 90 Cotton trading was active yes- cents higher.
May 33.16-10; July 32.41-43; particularly October 28.07; December 28.76- 77; March 26.04 nominal; Mid- dling spot 34.10 nominal-Asso- ciated Press.
needs of the Marshall Plan coun- Emphasising that the greatest tries are dollars and adequate ex- port opportunities. Mr. Snyder added: "An increase in Ameri- can tourials going abroad wit help the situation, ars over for countries like the United valued and others are under-Kingdom, Italy and France." valued. As a consequence, if Reuter, there is on inter-convertibility, thore currencies which are un-
der-valued would
get into → very difficult position.
"Sterling is probably under- valued
in relation to
to several con- | tinental currencies, which means that sorne continental countries have great dificulty in balancing
their
STATES MARINE LINES
FAR EAST SERVICE
trade accounts with Great, S.S. «SOUTH AFRICA VICTORY”
Britain.
"I feel that Mr. Hoffman mus+ have some foundation for his views on approaching converti bility. If alterations in exchange rates went sufficiently far enough, it might be possible to introduce particularly if Marshall Aid could a fair amount of
convertibility.
be used in some way to facilitate the operation of the system."
Colonial Angle
Speaking of the Overseas Ter- ritories Committee, Dr. S. Schrokner, of the Netherlands
Australian-Oriental Line Ltd. delegation, sild: "We have dis-
Notice To Consigncos
the
cussed freely and frankly problem of development of over- seas territories, with special note of the offer by President Truman
іл
"The to backward territories, į mittee has been that this offer will
Zeneral idea in the Cem-
M.V. "STENTOR"
never be able to be made free Damaged cargo ex this vessel practical unless there is
between all association
ve all the three will be surveed ut Holt's interested parties-the European
countries, the
που
Wharf between 10 (1.1. and I cou
Pssociated overseas noon on April 25 and 26, 1940 territories, and American Anances. and consignees are requested to
We have felt
that
it is now have their representatives pre-
no longer a longer a sent during the survey.
help,
but a
of tri-partite co-operation between the three `BUTTERFIELD & SWIRE, Interested parties. The stronger
Agents.
6 9 American
the unity, the more efficient will be the ald to the associated over-|
Hong Kong, April, 23, 1949. seas territories."
The conference Is continuing. its work this afternoon.—Router.
Due Hong Kong 2nd May, 1949
FROM
BALTIMORE, NEW YORK, HAMPTON ROADS
& SAN FRANCISCO
Agents
GOURLIE & CO., (H.K.) LTD.
Union Building
Telephone: 31341.
The SWEDISH EAST ASIA Co., Ltd.
M.S. "HALLAND”
Loading 12th MAY
for
ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO and GOTHENBURG,
For further particulars apply:-
GILMAN & CO., LTD.
Agents. Tel 31144
P&O B.I. E&A
COMPANIES
PENINSULAR & ORIENTAL S.N. CO.
PASSENGER/FA EIGHT SERVICE
LEAVES LONDON
Beled
a. "CORFU*
OUTWARDS
** "CARTHA UM*
Ird Blay
"CANTON"
2nd June
Both June
28th Jalz
#
"CARTILAGE"
* "CORPU"
*. "CANTON"
26th August
DUM HONGKONG
pà Mer
5th June
4th July
ial August
20th Augu
26th September
Via Southampton, Pork Batd. Aden, lambury, Gainenba, Fanara à
HOMEWARDS
AL "CARTHAGE"
AA "CORPU
"CANTON"
2. "CARTHAGE"
1.4. "CORPUM
* "CANTON"
11th July
Bingepers.
LEAVES DONGKONG
DE LONDOR
11th May
18th Jane
Dth Jone
8th July
8th August
Ind Heptember
c0th September
8th August
6th September
Srd Octobe
Bist Drtuber
Vin Hivempore, Pexans, Colombo, Bombar, Aden á Fors Bald
FREIGHT BERVICE
# "BOCOTRA” •
dun
Brd May
sak 18th May
•
Cim.
Coo
from London tinrot. for
London lent via Straits, Colom hn, Genoa & Marsell from London & Con+
next.
"GRILLONG"
duo 10th May
And Mar
dun 24th May
Lowton
for Shanghai & Japan. fram
Сал-
tinent.
ma. "TRESILLIAN”
Wilted with tanks for the carriage of oil in bulk,
BRITISH INDIA S.N. CO., LTD.
AL "TAIREA"
(Apcar Line)
"BANGOLA“ (Apne Lima) "BEIRALA"
(Apear Line) "TAREA"
(Abear Line)
"AIRDRANA” *
(Apca Line)
die 19th Apr.
Belts 1 MAY duc 6th iny anila 12th May dur 6th May El Joth May due 22nd May Pails 25th Mar
due in May all th May
from
Strelta,
Calcutta
for Japan A Amay,
from Calentia via Atruita, for Biraits Calcutta. from Caletta la Stralls. for Japan vik Amoy, from Japan Ampy. for Calcutta & fangoott
Strait.
from Calcutta via Straita. for Japan Shanghai,
• The abişe bare Beixiyurated Cargo.sDROE,
P.&O./B.L. JOINT SERVICE·
KA "TREWELLARD** due 11th May snila 18th Diar
"KAUNA" •
1
die 29th May ante ach Suns
La "RICHMOND HILL"due
from Japan.
for trake, Bomber Karachi.
from Calcatta vin Strait. for Strulta, Bombay & Karachi.
7th June from Indla
• Accept cargo on through bills of lading Fog Persian Gulf Ports.
EASTERN & AUSTRALIAN S.S. Co., LIL
* "EASTERN" •
In part.
alle 30:h Apr.
for
"NELLORE" •
Aum 29th Apr.
et end Mar
Μαπέια, Rabiul, Brisbane, Bydney, Me)+ bourne & Adelaide
from Austraila,
for Manila, Rabani Australian Ports,
* Accepts cargo on through bills of lading for NEW ZEALAND &
FIJI ISLANDS PORTS
For full particulars apply to:- MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
A
The SWEDISH EAST ASIA Co., Ltd.
ARRIVALS FROM EUROPE
M.V. HALLAND
SAILS FOR KOBE & YOKOHAMA
M.V. TAMARA.
SAILINGS TO EUROPE
M.V. OLUF MAERSK
M.V. HALLAND
M.V. TAMARA
13
...Loading
For
IN PORT ..26th Apr.
18th May
..27th May
12th May.
Early Juns
ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO & GOTHENBURG.
For further particulars apply:
GILMAN
CO., LTD.
Agents.
Tel. 31146.
DIRECT LINER SERVICE BETWEEN HONGKONG AND KOREA
S.S. “KUMCHON”
LOADING APRIL 25 -
..for.
PUSAN 2 INCHON
For freight and further particulars,
Apply to:
A. P. PATTISON & COMPANY
Of Shanghai,; Hongkong, Bequl Puinn, Tokyo, Yokohama, Kobe,
Osaka, Nagoya, Talpah and Keslung.. GENERAL AGENTS
12-14 QUEEN'S ROAD, CENTRAL TELA 25349' 5. CHINESE AGENTS: LAW, REE SHIPPING OFFIGHT BE
20, Connaught Road Ch. Tela 24638, kell s
HOLLAND-EAST ASIA LINE
S.S. "MARIEKERK"
LOADING 4th MAY,
FOR
MANILA, SINGAPORE, ADEN, BUBZ, PORT SAID, ALEX- ANDRIA, GENOA, MARSEILLES. ANTWERP, ROTTERDAM, AMSTERDAM, DAMBURG, CÓPENHAGEN, GOTHENBURG
DIR
OSLO.
Tanks Available for Oll In Bulk
ROYAL INTEROCEAN LINES.
1
Incorporated in the Netherlands, as
Koninklijke Java-Chinn-Paketvnári Lijnen NV., “Amatordain
King
Building, Connaught Road.
Tela, 28013, 28018, 28017.
ISTHMIAN LINE
+1
(Isthmian Steamshty Co. of N.L.)
ARRIVALS FROM U.S. ATLANTIC COAST
ISTHMIAN LINE
8.8. "STEEL MAKER”
(Isthmian Stasmshly Ca, of M.X.J
5.S. "ALLEGHENY VICTORY ' LOADING 26th APRIL
for!
LOS ANGELES, HOUSTON, NEW ORLEANS, PHILADELPHIA, NEW YORK, BALTIMORE and BOSTON. For further particulars applyi
TIGILMAN & CO., LTD.
Asstta.
CHINESE FREIGHT AGENTS:........ HIN FAT & CO., LTD. Teis: 23561, and 28423.
.......................Discharging, 10th May,
Bails · forTM Balgon, Bangkok Batavia & Semarang 10th May. SAILINGS TO US.A. Vis PANAMA -
8.8. "ALLEGHENY VICTORY". 8.8. "LONGVIEW VICTORY"
format
Loading 251h Apt: Loading 16th May
LOS ANGELES, HOUSTON, NEW ORLEANS, NEW YORK, BALTIMORE, PHILADELPHIA and BOSTON.
For further partionlārs "apply) ==|| GILMAN & CO., LTD.
Agents