Page 14 TR

ROYAL

INTEROCEAN

"TASHANT

LINES

JAVAPORTS and MACASSAR

TJITJALENGKA”

"TJISADĀNE“

TRES MELANCASSER

SAILINGS

„23tli DIAY'

0th June

23rd June

ARRIVALS

20th May

9th June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK”

"VAN HEUTSZ"

ARRIVALS

-BAILINGS -

28th May →

20th June

20th May

1st June

EAST & SOUTH AFRICA & SOUTH AMERICA

"STRAAT SOENDA"

"FEGELBENG“

"TJIKAMPEK"

"RUTS"

4

SAILINGS

ARRIVALS

26th May

22nd June

7th June

18th June

10th Aug.

In part 10th July

Calling at Mombasa & L. Marques Direct. Transhipment cargo accepted on through Bs/E to

Dar-Es-Salaam and Zanzibar.

SHANGHAI

SAILINGS

ARRIVALS

*TJITJALENGKA” "TJISADANE”

27th May

10th June

JAPAN

SAILINGS

ARRIVALS 19th May

"STRAAT SOENDA"

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA'

"MOLENKERK”

"MEERKERK"

"AMSTELDIJK"

"HEEMSKERK“

"MOLENKERK”

SAILINGS

ARRIVALS

.Enid May

End Juun

Early Juno

.End July

Early July

.End Aug.

Early Aug.

SHANGHAI and JAPAN

SAILINGS

ARRIVALS

End Bay

Transhipment cargo accepted on through B/L to India. Mediterranean and Northern European ports.

KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82, CONNAUGHT RD. C. TELs: 31196-21533

DE LA RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES &· SAN FRANCISCO m.v. "DONA NATIE VARA M.V. "BATAAN",

27et' May

25th May

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

m.v. "BATAAN"

5.S. "DONA AURORA" (calls Japan)

1. "DONA NATI"

27th May

8th June 22nd June

THE DE LA RAMA STEAMSHIP CO.,

(Incorporated in the Philippines)

MARINA HOUSE

Tels, 23676–22675

ING

CHINESE SHIPPING OFFICE Tels, 28738-20163

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. NORDFARER".

LOADING about 23RD MAY

for

ADEŃ, PORT SAID, ANTWERP, BOTTERDAM, HAMBURG,

OSLO, GOTHENBURG AND COPENHAGEN. and GENOA if sufflėlent' inducement

M.S. "KOREA"

LOADING MID JUNE

for..

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN. Tanks available" for the carriage of oil'la bulk

LIN

A

THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floor.

Tel. 34111 & 34112.

CHINA MERCHANTS S.N. CO.

[19, Coùnaught Road, Wert.

DEPARTURES

Telephone 31533,

S.S. TAI TUNG” for S'pore & Penang 20th May S.S. "HAT HEIA” Singapore... 26th May S.S. "TENG KENG",,Keelung, Kobe &

Yokohama 28th May

(With : Fässenger Accommodation) For Full Parlicutura: Piense Apẩy to the 'Above,

f

THE CHINA MAIL, THURSDAY, MAY 19, 1940.

FINANCE AND COMMERCE

BRITAIN TURNS DOWN INVESTMENT SCHEME

Hong Kong Stock Exchange

dras

not

The short session devolt of interest. Banks, Unions and Cantons, came to business at quotations and in other directions inquiries and share-passing were

Geneva, May 17,

Mr. Christophor Mayhow, Parliamentary. Under Secretary of State for Foreign Affairs, today re fused to involve Britain in any plans for large- scale Westom investment in Eastern Europe, He opposed a Russian proposal that the Economic Commission for Europe, a United Nations body grouping both Eastern and Western countries, should seek to organise international invest ment in under-developed countries, particular- ly in the East, "Frankly, Britain is in no po- sition to

resume, substantial foreign lending," he told the 28-

No U.S. Loan

not negligible, with prices steady untion meeting of the Economic For Madrid

NJ GOVT. LOANSY

6 Loan 101n.

3% Loan (1954 ▲ 1940) coin.

B)* Jaz 41948) 19015, 102je. BANKHI

21. 9. Hank 1530b, 184DUR.

(Lam. Reg.) Lasto.

Chartered Bank in Morelle Hauk A. 13. £240, Hank of Eart Anda 120n. INSURANCESI

Canton Inc. 1.30am.

Hilo tu (X,D).) diók, 680/24/30pm. China Underwriters 5.59.

ILK. Fire Ins. 210.

SHIPPING:

Douglases (X.D.) 22.

... Steamboats 15ƒn.

Indo China (Pref.) (X.E.) 5.

(Del.) K.D.) 9.

Shelia (Bearer) 05/īju. Union Waterbusts 30. Aula Nav. 655, 794, NOOKS, WHARVES, CoDOWNS, Etc.

1., & K Wharvm 1150.

North Point Wharve sv. Buachai Bangkew Wharf (X.D.) Ukan. ILK, Dock (X:0.) 1810, 174sa. Chios Providente 11jb, 124, 11lam. Bbanglul Pockyseda sih, $1.50mm. Wheelocks 26.

MINING:

Baub Min

$35.

JL.K. Mam Dijn.

LANDS, HOTELS AND BUILDINGS:

Ha Hotels 10.3ub. 14,40am. HK. Lanke 4748, 4931, IPAK,

Bimngħal Lands 2.068.

lum in.

R.K. Henkien En,

Chinese Estates 1960.

PUBLIC TILITIES:

BK. Trannys 14,805, 15, 14.90. Peak Tram (030) 18n.

(New) 10n.

Blar Ferries 7, 100.

Tights (jd) 11,800, 12/1.50.

(New) 61, 8.20m, Jan. IK. Elite 30b, 1e, J. Marco Electrics 24n. Sandakan lights In.

Telephones 10b, 20.

Sharphul Gas to.

INDUSTRIALS:

Cald. Macg. 40rd.) 28.

Canton Ires 70.

Comente 26}k.

14K. Rover 18in.

STORES, Kr.:

Dairy Farms 1046, 314, 31/304u. Watsons 401b, 41x, 40jan

Grawfurda (Did) 25.

(New) 250

China Emporium On.

Son Co., Lad. n.

Kwong Sang Hong 135m.

Wing On (H.K.) 95x0.

Wm. Towell, Ltd, (X.D.) DJn. MISCELLANEOUS,

China Entertainments (X. fl.) 19. H.K. Construellane (Old) 43.

(New) ijn.

Vibro Ping 16n,

Marina Investments 9/-n.

Marma (JK)

Bhongkat LR.

Yangu sin.

COTTONS:

Ewon 4.45

BUDLER, KU..., COMPANIES:

Alma Estates 4ļa. Batu Anama 30. Bute Jantations in. Chemor United 30. Chang Rehber 23 Consolidated Rubbers-in. Dominion Flubbers in. Padang Rubber 25A, Revub Rubbers, .zin. Stübler Trusts 20. Backgage Rubbers 10. Hemambu tubber 30. Shanghai Kadalu in. Shanghai-clays Ch. Bhanghai Rumatras Jon. Beugel Darla 13.00. Tanah Meraba 30%. Tebong Rubbere 20.

Notice To Consignees

M.V. "IVARAN"

Having arrived Hongkong consignees of cargo are hereby notified that 'all goods have been landed and placed at their risk and' expense into the gɑs downs of the Hong Kong & Kowloon Wharf & Godown Co., Ltd., where delivery may. be obtained as soon as the goods are landed.

No claims will be admitted after the goods have left the godowns or failure to attend the survey..

W

Commission which is debating the possiblities of Increased East- West trade.

Mr. Mayhew briefly rejected na "not reassuring" a massive coun- mine Eastern ter-offensive by countries throughout today's de bate against the United States' charges yesterday that Russia is exploiting the Eastern European nations.

These charges arc charac- terised here today as "commer- cial travellers' talk, aimed at catching customers," by the So- VICT

economic planner, Det. Amazasp Arutiunian.

Washington, May 17. The United States Export. Import Bank today confirmed a report that it has turned

·Informal request down an for loan of £1,250,000,000 to Spain.

A Bank spokesman said that a pain had made ho formal application for a toan the Bank made no format rp- BctionReuter.

GRAIN ARMADA OFF FOR UK

Montréal, May 18.

New New York Stock Exchange

New York, Mhy 18. The stock market ran out of buying power yesterday after a

De five-day running advance. clines ranged from fractions to around a point, but a handful of utiles stored new highs with gains of fractions to around two

points.

Transfers totalled 700,00 shares.

Street observers were not, Wall too concerned over the alight de- cline,

especially in view of the accompanying alump in trading volume.

were' Com- Among stumblers monwealth and Southern, Intend Steel, Phelps Dodge, Dow Chemi- cal, American Woollen, Richfield Ou: Texas Company, 20th Cen- tury Fox.

Gainers included Woolworth, Union Pacific, American Airlines, United Airlines,

SIDENT

The Global Ficat

TO HONOLULU, AND SAN FRANCISCO

̧via SHANGHAI & JAPAN

"President Cleveland”

May 23

*President, Wilson"

June 12

"General Gordon” (via Manila & Japan)

Jitno 25

TO SAN FRANCISCO AND LOS ANGELES

AN

"President Taft" '. "President Madison"

May 28 Jane 4

TO NEW YORK, BALTIMORE & BOSTON

via PANAMA ! "President Johnson" (Direct to Pacifle Coast) "President Harrison" (Direct to Facillo Coast)

June 16

July 12

BOUND-THE WORLD

"VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ.

PORT SAID, ALEXANDRIA, NAPLES, MARSKILLES,

GENOA, NEW YORK and BOSTON "President Jefferson" *Marine Snapper (Singapore Direct) "Prealdent Folk”

TO DEL & SINGAPORE

"President Harrison” "President Fillmore"

Opposite Star Ferry.

15

Dow Jones Averoger: Stock* 63.43; 20 Industrials 175.32; Rails 47.87; 10 Uulities 36.10.

Closing quotations: Adams Express 19 Alaska Juncau 3% American Can 00 American Smelting 454 American

Telephone 141% American Tobacco 89% American Waterworks 7% Anaconda Copper 20% Aviation Corp. 8 Baldwin Locomotive 10% Barnsdall 43%

Continuing the Russo-United States "trade-talks battib" in the Commission, Mr. Arúllunian ne- tused the Tinted States dele- fate of using "completely errone- ous and false figures."

The American

M. delegate, Paul Porter, charged the Soviet Union yesterday with draining After the first ship sailed, valuable

materials and goods dozen more are preparing to follow from Eastern Europe in exchange carrying

than 3,000,000 for A minimum of low-grade bushels of whicht. supplies.

A great grain bout, armada is on its way out of Montreal Har- RS

Britain hour bound for

with wheat.

"Now Colony"

today, cited

figures to

overseas.

Ingre

0

Bendix Aviation 91% Steel 28th Bethlehem

Boeing Aircraft 21%

Borden Co. 416 Conno

Canadian

Pacific 12%

J.T. Case 331⁄2

drie

Chrysler 52 At least a score of British ships

2434 Colgate are to dock within the next week Commercial Solvents 15 Mr. Arutiunlan, in his reply as pori oMcials try to keep 'thol Corn Products 03

harbour's numerous elevators

Du Pont 100% show from being worked beyond capa- Eastman Kodak 43% that Russian exports to Easteraf city. Harbour has

Light & Power 26 Electric Europe last year exceeded Im•},

working General Electric 37% ports by mere than 20 per cent capacity of 13,500,000 bushels, but Goodrich 01 He added that the

bushels Marshall at least 23,000,000 Plan is aimed to make Western piling in from the Western Cand-General Motors 573%

Goodyear 42 da grom bolt for transhiparjent | Iyer Europe a new type of colony. Mr.

Arutiunion said that, through this

plan, the United States is preventing the Western European countries from deve- loping their trade with the East. "The Soviet Union and all the countries of Eastern Europe are prepared to work to expand their trade with the West, a busis of equality and mutual advan- tage, he continued. "But this is made Increasingly difficult by the discriminatory practices imposed ort the

the West by

Unlled States."-Reuter.

U.S. SHIP MOVEMENTS

Homestake Mining 50% The port's total of ocean ships International Harvester 244 berthed here- pose to 35, the greatest total of Associated Pream.

Tel & Tel 10%

the season per 48

Wilson Causes

A Stir

Manchester, May 17.

Johns Manville 34%

1/77..

Copper 45%

Ward 53% National Distillers 18 National Lead 29 New York Central 11% Packard Motors 334

Pan American Airways 0% Pennsylvania RR, 15%

Sir Raymond Street, Chair-Tadlo Corp. 11% man of the Cotton Board, is to Remington Rand 0% ask Mr. Harold Wilson, Presi- Republic Steel 21 dent of the Board of Trade, Reynolds Tobacco 30%

Sears Rochuck 37% who is now in Canada, whe- Shell Oll 3544 or not his statements Socony Vacuu ther

Vacuum 15 about "old-fashioned" methods

Southern Pacific 41

in British mills were correctly | Standard Brands 1895

Standard Oll of Calif. 04% reports (from Standard Oll of N.J. 07

said, Studebaker 20

some

reported, Seattle, May 1A, Ship

"In Olympic departures: Pioneer for Yokohama; Hoperidge Ottawa)," Sir Raymond for Calcutta; Oregon Mall for "Mr. Wilson was represented as Union Beg 24

making critical and discouraging Union Carbide 38% comments on the export. efforts US Rubber 38%

ITS Steel 70% of the cotton Industry.

It is only a few days since, in US Lines 154 the name of the Government, that Westinghouse 23

Yokohama.

Arrivals, May 16: American Mail from Yokohama; Argojohn

from Yokohama; Christenson from

Yoberture, May 10: Castleville

for Manila,

"San" Francisco, arrival: Grote Maersk from Yokohama. De parture:

ure: Train Maersk for Manila. Arrivals, May 10: G. S. Walden from Yokohama; Blouw from

Rangoon. Departure May 16: Elko Victory

for Köbe. Portland, arrival, May Pontus H. Ross from Yokohama.

16:

Graham for Yokohama.

Los Angeles, arrival, May 10 Allegheny Victory from Hong Kong-Associated Press.

US

Mr. Willson asked me to transmit Youngstown Sheet & Tube 64%

The congratulations of the, Gov- ernment to all sections of the cotton Industry for its export achievements in March."-Reuter.

U.S. BUSINESS FAILURES.

Now York, May 18. Business fallures in the U. s.

Gen. Pub. Utilities 144

-Associated Press.

Light Industry In Pakistan

Karachi, May 17. Sporting shot guns, surgical,

manufactured under a *riew ment are some of the items to be

scheme to

develop Pakistan's light engineering industries.

The Industries Advisory Com-. muttee of the Pakistan Govern

Departure, May 10: William A. continued to decline for the scientific and matiemation In-

becond consecutive week, folling struments and electrical equip to 171 in the week ending May 12 from 193 In the previous week, Dun and Bradstreet reported yes terday, Prague, May 17.

This was the lowest number of The Czech Cabinet today ratified failures In seven weeks-Aqsa the 'agreement of the exchange ciated Press. of goods with India algued ↑ fa}¦ - Delhi on March 29, 1049.—Reufar.

Notice To Consignees

M. V. “AENEASTA

Damaged cargo ex this vessel will be surveyed at Holt's Whart between 10 am. and hoon on May 20 and 21, 1949, and consignees, are requested to have their representatives present during the survey.

BUTTERFIELD & SWIRE, Agenta.

All broken, chafed' and dam- aged goods are to be left in the Kodown where they will be examined in the presence of Hong Kong, May.18, 1949.

Mesars, Goddard and Douglas. on May 19, 1949, at 10 am

To comply with the General Bonded Warehouse Regulations, consignees must have Ba

venus Officer in attendance when examining damaged dist- able goods. All clalion against the vessel, must be presented in the Undersigned within four toen days of the ship's arrival,

Notice To Consignees

NY COTTON

Now York, May 10. Cotton futures drifted lower on scattered liquidation." Closed únçlinoged to 79 cents a bale lower

July

32.48 - 50: October

29.08 - 11 Execember

28.81

Murch

May July Midling, spot Associated Press.

:

28.68 nominal 28,30 bid 27.63 bld 39.06

Hominal

CHICAGO GRAINS ||

Chicago, May 18. Hains over the Spring wheat country and a lower government bitying Basis weakened wheat, and other grains deelfred Wheat finished 14-3.4 lower.

$2.2144-14 $1,95% September 31.05-14-14 Comwaone cent lower. Oats were 36-K lower.. Bye won 42% lower. Soybeans were 24-3 A tower -

Associated Press... LONDON STOCKS My London, May, 10. Trading on the stock oxchan was limited

grday, that bo Ing the list trading day for the BUTTERFIELD & SWIRE, DE Coat

May 10, 1940.

M. V. "DOLIUS”. Damaged cargo ex this vessel will be surveyed by Mesara Goddard & Douglds at Holt's 20 and 21, 1948, and consignees Wharf froin 10 km. on May are requested to have their t or they will not be recognised presentatives present during the

survey.

No Are Insurance will

WALLEM & CO.

offected,

Telophone:84177-9.

ment has decided on this measure and also recommended 'the' re- kmoval of duty on the imports of nessitary iraw`material.»***

Industrialists ataured the Govarunent that they will be able to manufacture' and export these goods in the near future Associated Press.

Money Market

US dollars fluctuated batwoen HK$0.85 and $6.95. yesterday. Opening and closing ratos were: $6.83 and 30.01.

TT opened at $0.75, climbed to

and

39.05, * closed at $6.78.

Sterling wOUT unchanged at JK310.90 but Australian bounds made a 20-cent elimb to $13.89.

Piastres, still going ́úpwards. closed at HK$13.70 a 100 after opening at $13.50.

+

Ticals made a 30-cent climb over, the previous day to HK$27

100. NEI Guilders closed at HK$80 a 100, after opening at $37,59.

WOOL SALES

· Brisbane, May 18. British and Continental inyers were promirant; in.?Tristiana's wool safes yesterday, when chion- day's five per cent rise on last

May

Juno June 15

June July

3

Tel. 28172/5.

BEN LINE

BHET "BENRINNES" "BENAVON" *"“BENARTT"

"BENVENUE"

"BENLOMOND"

“BENÝRACKIE” "BENLAWERS”

SHIP "BENAVON" - "BENVENUE" "BENLAWERS" I'BENRINNES"

"BENARTY" "BENYBACKIE”'

("BENLOMOND"

ARRIVALS

FROM

.TS. Ths Bingapore

do do-

SAILINGS

тр

London, Antwerp, Rotterdami," Ham- burg & Hall. Liverpool, Glasgow,

** Leith,

) Liverpool, Hayre, Antwerp, Rotter-

Hamburg

dam, Ham

DUK

23rd May, 20th May. Karly June, 1st half June. 2nd half June. End June. Early July.

LOADING

20th May. 2nd half Jant, 1st half July.

1st half June.

2nd half June,

1st half July,

Genea, London, Ant- 2nd half July,

werp, Rotterdam & Hainburg.

Accepts cargo for Japtcha-

T calls at Fort Budin.

For Further Particulars, Apply To-

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

York Building.

Agents

Telephone: 4165.

THE PACIFIC ORIENT EXPRESS LINE

M. V. “VINGNES"

Loading about 28th May, 1949 for

SHANGHAL, TAKAO, & JAPAN

For particulari please apply to:-

WALLEM & COMPANY

Agente,

Hongkong & Shanghal' Bank Building, Tel. 84177-9.

THE HO HONG STEAMSHIP CQ,, (1932); LTD.

8.5. “HONG SIANG"...

For SINGAPORE, PENANG & RANGOON Loading

20IU MAY

Balling

21st May

Subject to Alteration. Without Natloe

For Particulars Freight & Paszego Picaso Apply: THE HO HONG CO. (CHINA) LTD. AŁA. Bonham Brand W.

Tels, 20127.dk, 25840 (4)

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "SUNNYVILLE”.

30th May

ARRIVALS FROM PACIFIC COAST MS. "FRANCISVILLE”

24th May MS. CASELENILLE”

... 21st June lin” to Singapore, Fort Swettenham

& Batavia.

26th May

week's value was maintained M'S. "FRANCISVILLE Associated Press, P

Bad Brussels, Mex 17. The Belgian Governmins, la to enter.... into pagotiating woops for

with Austria, ando

2-

LINE

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