THE CHINA MAIL, MONDAY, MAY 2, 1949.
Pare 11.
BUTTERFIELD & SWIRE
FINANCE
AND
COMMERCE
agents: CHINA NAVIGATION CO., LTD. COL Index NY Stock Mart Israeli, UK P&O
"FENGTIEN“
"RUPES"
"ISINAN"
"YOCHOW"
"HUFER
"FOOCHOW"
"NEWCHWANG”
"SHENGKING”
"FUKIEN"
SAILINGS TO
Singapore
Swatow
Swatow
Juchon &
Awatow
Singapore, Macassar,
Sourabaya & Balavia
Bangkok
Shanghai
Japan
⚫ Bails from Custodian Wharf
“FOOCHOW"
"SINKIANG"
"HUPER" "NEWCHWANG" "SHENGKING"
"FATSHAN"
-WUSUEH"
ARRIVALS FROM
Je plates
Tientsin, Puzan &
Shanghal Swntow
Japan
Shanghal & Keelung
RIVER SERVICE
Hongkong/Canton DEP. Dongkong 5 am. 4th May.
8 p.. Bih May.
HK/MACAO DEP. H.K. Mon. to Fri. 9 a.m. Saturday 2 p.m.
noon 1st May
4 p.m. Ist May
4 p.m. 3rd May
5 p.m. 4th May
4 p.m. 5th May
7 am. 8th May 9th May
5 p.m. 10th May
13th May?
4th May
4th May
10 a.m. 4th May ith May
7 a.m. 7th May.
Canton/Bangkong ARR. Hongkong 7.30 am. 3rd May.? 7.30 am. 8th May. MACAO/HK
ARR. H.K. Mon. to Fri. 6.45 p.m.
Sunday 5.45 p.m.
Agents: BLUE FUNNEL LINE
SCHEDULE SAILINGS TO LIVERPOOL
'CALCHAS"
"ANTENOR“ "AGAPENOR" "AENEAS"
"AGAPENOR"
"DOLIUS"
*AENEAS
"MENTOR"
via Aden & Port Said,
vin Tangler Casabianeu & Havre vla Glasgow
via Genon Marseilles & Glasgow
via Tancier Casablanca & Havro
8th May 10th Miny 25th May Stiv June
K. via Straits & Manila
3rd May 14th May 16th May 24th May
Arrivals from
UK, via Straits
from U.S.A. via Manila
NEW YORK SERVICH
"DENESTIEUS"
cargo.
25th June
Carriers option to proceed via ut ber Forts to load and discharge
Agants: Australian-Oriental Line, Ltd.
Sallings to Sandakan, Brishane, Sydney & Melbourne Sydney Japan
23rd May
SHAN
"CHANGTE"
"SOOVILOW"
4 p.m. 24th Apr. About 18th May
Arrivals from
Japan
Australia & Manila
F
About 14th May 18th May
"CHANGTE" -SOOCHOW"
All The Abona Subject To Alteration Without Nolics
General Agents for:
Booking Agents for:
AUSTRALIAN NATIONAL AIRWAYS. -CATHAY PACIFIC AIRWAYS, SKYWAYS (FAR EAST) LTD. B.O.A.C., C.N.A.C., IIK, AIRWAYS. P.O.A.8., PAA, PA.L. and N.W.A
For passage and Freight Particulars Apply To The Above.
1. CONNAUght road, CENTRAL,
Telephones: 3033178 Private Exchange.
Branch Ofee~50 Connaught Rd., W. Tels. 25875, 32144, 24878,
HONG KONG-CANTON
M.V. "HONGKONG"
船輪江香
A.K, DEPARTURE:
10 p.m.
10 p.m.
1/5/1949
3/5/1919
10 p.m.
5/5/1840
10 p.m.
7/5/1049
TUNG ON WHARE
CANTON DEPARTURE:
0 p.m.
2/5/1949
9 p.m.
4/5/1849
1 p.m.
8/5/1949
DD..
8/5/1949
LUEN HING WHARF
Subject To Alteration Without Notice.
Passenger Tickets & Freight Particulars Obtainablo At:
TAK KEE SHIPPING & TRADING CO., LTD
AGENTS
136, CONNAUGHT ROAD CENTRAL (Office Hours, Tel. 22338, 27001)
OR
TUNG ON WHARF
(Before sailing hours, Tel. 20548)
TAI CHING SHIPPING CORP.,
LTD.
HOLLAND-EAST ASIA_LINE
S.S. “MARIEKERK”
LOADING 4th MAY
FOR
MANILA, SINGAPORE, ADEN. SUEZ, PORT SAID, ALEX- ANDȚIA, GENOA, MARSEILLES, ANTWERP, · ROTTERDAM, AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG
& OSLO..
Tanks Available for 011 in 'Bulk
ROYAL INTEROCEAN LINES.
Incorporated in `the NetherlanČI. BE Koninklijke Java-China-Pakotvaart Lijnen N.V.,^Amsterdam
"King's" dollaig, Connaught Road.
Teja, 28015, 28016, 28017,"
Released
Advances In
In Shanghai Mild Trading
Shanghal, May 1.
After day-long consideration
New York, May 1.
the Shanghai City Government The stock market advanced yesterday in mild trading. The market was highly responsiva Turnover amount- only to modest démand.
finally released the cagerly
index awaited wage
for the second hall of April late yester day evening, selting the figures at 371,344-representing appro- ximately 24 times the last index Bgures for mkd-April.
This is the most staggering up- ward jump of the semi-monthly Agure since the introʻlaction the index system in 1946 as the bis fur the payment of wages.
The announcement of the inder Agures, which werw approved and yesterday morning by etvie labour iraders but later withheld from pubbention by nder of Headquarters for fear
Garrisoty of creating too great a confesion at the local market, was even- tually announced last night after much discussion between the city authorities and Jaboner organisa tloss.
Wild Increases
t
It followed a day of the wildest price incipies ever witnessed the city's long history with rice. vegetables, smals, slady
silies and cigarettes all rising by several hundieri per vent frum he figures of the previous day.
1
Cigarettes probably registered the most sensational leaps yes- terday, some of the most popular brands rising several bustieri por few hours. Imported cent in vigarettes were paleed t mun of GY $2,300,000,
Meanwhile, the Finance Min. Liu, Hew to lefer, Mr. S. Y. Canton yesterday accompanied hy a inege number of high Cen- tral Bank officiala.
ed to 310,000 shores, smallest Saturday in five weeks.
Star performer was Richfield Oil. It was the most
actively traded issue.
Richfield ant 374, up 3,1 Standard Oll of N.J. 67 after hitting one time
תנז
♫
a
new high at point guin. Eversharp also hit a new high US Rubber at 91⁄4, up 1. touched low for the year, closing at 37, slightly above the bottom.
issues Of 030 traced,
180 de- 230 gained, clined.
Dow Jones averages:-
Stocks: 62.75
20 Industrials: 174.10
15 Rails: 47.27
10 Uutitles: 35.41
Closing quotations
Adams Express; 1834 American Can: 02
American. Smelling: 45% American Telephone: 14476 American Tobùrco: 67% American Waterworks 79% Anaconda Copper: 20% Aviation Corp: 0% Baldwin Locomotive: 10% Barnsdall: 4414
Bendix Aviation: 32
Bethlehem Steet 30 Burdett Co.: 40% Boelig Aircraft: 21% a win-Cadion Pacifte 12
Case: 324 Chrysler: 50% Culgate: 33 Commercial Solvents 15 Corn Products: 04 Du Pont: 180
Upon us departure he told Chinese newsmen that he was going to Canton to report to Pie- inter Ho Ying-chin ni local eco- conditions. and Bazmetad romic
He said that he will turn here to stabilise the finatelal oni pri situation with effective wsgures.
Eastman Kodak: 44 Electric Light & Power: 24% General Electric: 37 General Motors: 57% Goodrich: 01 Goodyear: 4174,
Harvester: 234 Internations! International Paper; 471⁄4 international Tel. & Tel.: 10 Johns Manville: 34% Kennecott Copper: 441⁄2 Montgomery Ward: 53% National Distillers: 17 National Lead; 27% Shih Pao, the Lin Pao, tabloid New York Central 11% organ of the Kuomintang-spon-Packard Motors: 4 sored Labour Union, and the Pan-American Airways: 9%
The latest victims of National- ist China's galloping inflation are three Chinese-language Hews
Papers
South
here-the Cathetic
YI
Eastern Daily News---
RR: 15%
which closed down today because Radio Corp.: 12
of Anancial difficulties.--Reuter.
Notice To Consignees
Consignees per
STATES STEAMSHIP Co.
s.s. "Arizona"
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 Wharf's terms and conditions of stor age, and where delivery may be obtained.
left
Damaged packages are to be in the godowns for examination by Consignees and Company's Surveyors, Messrs; Carmichael & Clarke at 10 a.m. on the 7th May.
Remington Rand: $ Republic Steel: 224 Reynolds Tobacco; 35%
20%
Schenley:
Senes Roebuck: 37 Shell Olt: 34% Sorony Vacuum: 16 Southern Pacife: 40% Standard Brands: 18% Standard Oil of Calif.: 64%
Studebaker: IR Union Carbide: 37 US Rubber: 37%
US Steel: 73% US Lines: 15%% Westinghouse: 224 Youngstown Sheet & Tube: 63% Gen. Pub Utilities: 13%
Officials To Confer
the
London, April 30. Four high ranking Isracli financial and trade experts will British starts talks with government on Monday on the of the Anancial liquklation Palestine Mandate.
The Palestine Mandate ended on May 14, 1948, but Britain did not hand over the assets,
and property of the
Itablilllen Mandatory
Power to any responsible succes-
or authority. This will be done
in part at the
Israeli
negotiationcoming Anglo-
detailed
at the British Treasury and more
which will negotiations place later in Tel Aviv.
tako
Britain undoubtedly will insist on Israet honouring its past fin- ancial obligations Icgitimately in- curred by the administration of
period oft The bond market drifted nim- Palestine during the
Service, Fairchild the British Mandate. lessy. Cities
This will include pensions for Engine, Fansteci Metallurgical and Pittsburgh Metallurgical Mandate oficials to the amount expenses for the gained on the curb,-Associated of £600,000,
maintenance of legal immigrant)
withdrawal (£870,000), camps
and ex- expenses (£300,000) pensen for food supplies 10 Pales- tine,
Press,
Red Rules On Banking Business
Full-Information
un-
Israeli The
delegation doubtedly will require full in- formation from the British
all financial aspects of the liqul-
of the Palestine ba dation
balances
San Francisco, May 1. The kind of business which which is in the neighbourhood of banks, including foreign banks.
10 £90,000,000.
will be able to transact
in the of part
North China Red-heki area is
of
this
in favour of Israel and Bank. Anglo-Palestinian
set out in provisional regula- state book of the Jewish State, is tions announced by the Com- munist Peiping Rudlo yester
day.
per-
the central issue of the talks.
A senior oficial of the British Treasury will conduct them with David Horovitz. head of the
Horovitz, Israeli Treasury and lender of the Israeli delegation, to London.
Total liquidation of the Pales tinman sterling balance will he- come possible only after a peace settlement by which the boun- daries of the Jewish state will Gually be fixed. Many other pending financial
and economic penu! problems will have to wait until then. Britain and Ieruel con- will conclude a trade agreement for the next six months.-United Press,
According to the Radio, banks are permitted to conduct business in deposits, loans, Investment in Industry, remittances. mitted by the People's Bonk, re- ceipt anil payment of accounts and the protection of valuables.
The banks are not, however, permitted to engage in specula- tlon, hoarding. dealing in shares or to own shares in other
cerns,
The regulations insist that minimum capital holdings
be
fixed and that banks must call up 73 per cent of their declared capital before they are allowed to register
Govern- with the
ment.
It is also stipulated that 10 per cent of the total amount of current deposits and five per cent of total long-term deposits must be lodged with the People's Bank.
to
cent of
B.I. E&A
COMPANIES
PENINSULAR & ORIENTAL S.N. Co.
PASSENGER/FR EIGHT SERVICE
DUE-LONGKONG
OUTWARDS LEAVES LONDON
6.
"CARTILAGE"
Butlet
S
"CORFU”
Byd May
"CANTON"
1nd June
"CARTHAGE
10th June
RAH July
25th August
* "CORFU”
"CANTON"
gu Aor -
4th July
8th June
1st August
19th Angol
2018 September
Via Bouthampton, Pork Bald, Ade, bombay, Odlumba Pass &
HOMEWARDS
▲ "CARTHAGE"
La "CORFU"
"CANTON"
M
"CARTHAGE”
"CORFU "CANTON"
LEAVES DONGLOKO
Bingapore.
18th May
6th June
8th July
8th Augurt
2nd September
30th September
DUS LONDO
11th June
11th July
Hth Auguri
lith Beptember
3rd Cetaber
Slat October
Via Bingapore, Pesang, Oolombo, Dombay, Aden & Port Balk
FREIGHT SERVICE
une
LA "BOCOTRA” •
Con
Con-
tinent via Bizalta, Colo
from Longea
6th May
from
Landon
tineat
9th May
Fur London
bo, Genos à Marnelllan
"BILLONG"
du 10th Mar
4
Cop
Iinent.
alle 22nd Mar dun
for Japan.,
from London
Con-
ilnest.
nails mld June
for
London
Con
tinent via tralls. Colom
bo Genus,
"TREBILLIAN"
"SHILLONG" •
24th May
• Fitled with tanks for the earrings of all in balk,
BRITISH INDIA S.N. CO., LTD.
sa. “BHINALA"
(Apear Line} "RANGOLA" (Apcar Line)
"TAIREA"
(Apent Line)
"INDIJANA" •
5th May due sally 10th May Jue 6th May and 12th himy le 19th May Daile 21st Diar
23rd May
from Calcutta vía Bienita, for Japan & Amor. from Calcutta via Stralis. for Sirait Calcutta.
Amoy. from Jay & for Calcutta & Rang nơm
via Straits,
from Calcutta vis tralia.
от Зарал.
du
ti 28th May
• The ships have afrizerated Carro, educa.
(ADERT Line)
P.&O./B.I. JOINT SERVICE
TRSWELLARD"*
BRAUNA" "
due
11th May from Japan, smile 12th May
que 18th May Bil 22nd May
for Straits, Bombay & Kacacal.
from Calcutta via Straße,
for Biralte, Dumber
Karachi.
th June from India "RICHMOND HILL" due * Accept cargo on through bills of lading for Persian Gulf Ports.
EASTERN & AUSTRALIAN S.S. Co., Ltd.
also
. "EASTERN" =
In port londe Bih May
for
Italian Goods To Go To Pakistan
of
Home, April 30, Signor Guglielmo Schiratt, a Loans are not permitted to he member of the Italian Assembly, above 10 per
deposits today told the newspaper Liberta while interest rates on luans and d' Italia that Italy has reached deposits will be determined by agreements with Pakistan for the by the People's Bank in accor-supply of several million lires dance with the general situation. worth of Italian goods.
Private banks are required to Signor Schiratii, just back from submit monthly Notice To Consignees
and yearly re- visit to Pakistan with an Ita ports
the People's
to Bank lian mission investigate the which, with
Its branches, will possibilities
strengthening 5.S. "ANDREW JACKSON"
help the Govert in super-econcile and other ties, said he Having
the activi- found a ready market there for arrived Hongkong vising and
tles of all types of enterprises Italian machines, consignees of cargo are hereby
dealing in banking.
Appealing for better relations natifled that all goods have
The regulations also prohibit between the two countries, he been landed and placed at their
added that other trade would private
keeping follow as soon as Pakistan got to risk and expense into the go- auxillary accounts.
The regulations apply to trust Italian goods. Better knowledge trust the quality of downs of the Hong Kong & Kowloon Wharf & Godown I companies as well As banks.
of each other would lead to a Co., Ltd., where delivery may Reuter.
strengthening of trade relations, be obtained as soon as the
he sald-Reuter. goods are landed.
No claims will be admitted after the goods have left the To comply with General godowns or failure to attend Bonded Warehouse Regulations the survey, Consignees must have
推
Re-
banks from
COTTON PRICES IN AMERICA
know and
WHEAT PRICES New York, May 1. SHOW STRENGTH Colton closed 20 to 00 cents All broken, chafed and dam- higher. The market was stimul-
Chicago, May 1. venue Officer in attendance
the government mid- Wheat was strong, alded by when damaged dullable goods aged goods are to be left in the ated by
report--unchanged | government continuation at godown where they will be April parity are examined.
examined in the presence of from a month ago. Traders had parity prices unchanged, Traders
anticipated a 12-point drop.
No claim will, be admitted Messrs. Goddard and Douglas after the goods have left the on May 2, 1949, at 10 a.m. steamer's godown, und all goods To comply with the General
remaining undelivered after
Bonded Warehouse Regulations, the 8th May, 1949, will be sub-consignees must have a Re- altendance Oficer in
Venue
May July
October
December
March
Middling apat
33.25 26 32.45 - 46
20.10
28.04 28.85 nominal
33.05 nominal
The New Orleans, cotton clos-
ject to rent,
All claims against the when examining damaged duti- steamer must be presented to able goods. All claims againsť| the undersigned on or before the vessel must be presented toed 20 to 10 higher. the 14th May, 1949, or they will the Undersigned within four- icen days of the ship's arrival, not be recognised.
or they will not be recognised. No fire Insurance will be effected
No Fire Insurance will be effected.
DODWELL & CO., LTD. Agents.
Hong Kong, May 1, 1849.
Notico, To Consignees
M.V. “AGAMEMNON" Damaged cargo ex this vessel!
WALLEM, &' ÇO».
Agents, Telephone 34177-9.
Notice To Consignees
S.S. "ANTENOR" Damaged cargo ex this vessel will be murveyed at Holl's will be surveyed at Holt's Wharf between 10 a.m. and Wharf between 10 am and noon on May 2, 1940, and con- Inoon on May 3 and 4, 1949, and vignees are requested to, have consignees are requested to their representatives present have their representatives prò- during the survey.
sent during the survey.
BUTTERFIELD & SWIRE, Agents. Hong Kong, May 3, 1949.
BUTTERFIELD & SWIRE, Agents. Hong Kong, April 30, 1940.
May
July
October
December
March Middling spot -Associatat Press.
33.10
32.30 - 30
29.10 - 17
28.84 bid
28.02
32.00
had expected a decline.
Wheat closed to one higher,
May July
September
December
$2.17 - 4% $1.34 24 -
$1.045 - $
$1.06 1
Corn was to %% higher. May
$1.324/2
The com gain was in response to government allocations for large pork exports.
Oats were lower to higher, May
04.4 - 5 Boybeans were 4 to 1 higher. May
$2.35-4 -Associated Press.
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 koply:--
GILMAN & CO., LTD.
Agenta. Tel. 21144
LA "NELLORE” •
In port.
wall 24th Mar
Rabaul, Brisbane, Sydney, Hal- bourne Adelaide
for Manila, Fabul & Australian Porta,
• accepts cargo on through bills of indlog for NEW ZEALAND & FUJI ISLANDS PORTE.
For full particulars apply to:- MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4.
The SWEDISH EAST ASIA Co., Ltd.
ARRIVALS FROM EUROPE
M.V. TAMARA M.V. OLUF MAERSK
M.V. HALLAND MV. TAMARA ·
to
SAILINGS TO EUROPE
.Loading
For
....18th May
..27th May
12th May
......Early June
ADEN, PORT SAID, GENOA,,MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO & GOTHENBURG.
For further particulars apply:-
GILMAN & CO., LTD.
..
Agents.
Tel. 31140.
ISTHMIAN LINE
(Isthmian Steamably Co. of N.X.)
ARRIVALS FROM U.S. ATLANTIC COAST
5.5. “STEEL MAKER", ......
Discharging. 19th May, Bally for Balgo, · Bangkok" Batavia & Semarang 10th · Liny?)
SAILINGS TO U.S.A, via PANAMA" 6.5. "LONGVIEW VICTORY" ... .......... Loading 18th May
9.8. “STEEL EXECUTIVE"
for
-19th Jans
LOS ANGELES AND NEW YORK. For further particulkan aýykyine GILMAN
CO., LTD
Agenta.
TAL: 31140 Chinese Freight Agents „HIN FAT L. CO., LTD.
Tolst-ESETS, 26563 B'KH48N