ROYAL

INTEROCEANE

JAVAPORTS and MACASSAR

**TJTJALENGKA"

PTJISADANE"

"TASMAN"

"TJITJALENGKA"

THE CHINA MAIL, FRIDAY, MAY 27, 1949.

FINANCE AND

LINES Hong Kong

Stock Exchange

SAILINGS

"ARRIVALS

1

9th June 23rd Juno

26th May

MANILA

SAILINGS

27th May

9th June 24th Jano

ARRIVALS

6th June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK”

"VAN HEUTSZ"

SAILINGS

27th May

10th June

ARRIVALS

1st June

EAST & SOUTH AFRICA & SOUTH AMERICA

"TEGELBERG"

TJIKAMPEK"

"RUYS"

SAILINGS

ARRIVALS

23rd June

7th June

18h July

10th Aug.

10th July

Calling at Mombasa & L. Marques Direct. Translupment cargo accepted on through Ba/L to Dar-Es-Salaam and Zanzibar.

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MOLENKERK"

"MEERKERK"

"AMSTELDIJK"

"RIJNKERK"

MOLENKERK"

SAILINGS

ARRIVALS

4th June

.End June

Early June

End July

Early July

Early Aur.

..End Aug.

SHANGHAI and JAPAN

SAILINGS

ARRIVALS

1st June

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

KING'S BUILDING: TELS: 28015 TO 28017 CHINESE AGENTS: 82. CONNAUGHT RO.. G. Tes: 31196 25133

DE LA RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN. FRANCISCO

DLY. "DATAAN" my. "DONA ANICETA"

Sage. In port

27th June

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

1.v. "BATAAN"

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

M.Y. "DONA NATT"

1

1

>

29th May

15th Juno 22nd Juno'

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated In the Philippines)

MARINA HOUSE.

Tels, 23076-22675

+

CHINESE SHIPPING OFFICE Teis, 2373820153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. “KOREA”

LOADING ABOUT 20th Junc

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG, AND CQFENHAGEN.

Tanks available for the, carringo of all in bulk,

S.S. "TAHSIS"

LOADING BEG. June

for

VANCOUVER B. C. via Japan

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd floor.

Tel. 34111 & 34112.

CHINA MERCHANTS S.N. CO.

15, Connaught Road, West

DEPARTURES

Telephone 31633.

C

S.S. “TAI TUNG" for Singapore &

Manila

Penang 27th May 27th May

Yokohama 27th May 8.8. "HAI HSIA”... Singapore.. 27th May (With Passenger Accommodation)

S.S. "CHI TUNG" 8.8. “TENG KENG” „, Keelung, Kobe &

**

For Full Particulars Piguet delu to the Above,

Quite a comme-back was staged yesterday, with n corresponding uplift in prices. Profit taking was Indulged in to some extent,

but on the whole the Market closed with the improvement on the average being maintained.

ILK. GOYT. LOANS

42 Luen 2016,

3

Loan (7934 1940) tel.

8% Loan (104) 102146,

DANKE

31. 8. Dank 1674b, 100, 157.

... (Lon. Reg.) £00% n.

11-1/i6n. Chartered tank

Merchantile Bank A. & 1. £24. Inof East Asia 115. INSURANCES

Canton In 320km.

Walan Ix. 040, 450, G5Q. Chins Underwriters 2.6800. H.K. Fire Ine. 220. SHIPPIN

Douglas 232n.

H., M. Stenebante 179. Indo China (1'ret.) von. indo Chines (Dot.) 2798. Shelterror) difen. 1. Waterbomto #0%*. Ania Nav. *.

DOCKS, WHARVES, GODOWNR, ETC.

K. K. Wharves 122b. 126, 122. North Point Wharres Kab.

th, Honghow Wharves ipn. T.K.

Dek 20 20/20.

China Providente 121ýh, 12mm. B'hat Dockyards 9.70b,

Wheelocks 27b,

MINING

Rand Miner

n.

31.K. Mine .014 *.

LANDA, HOTELS & BLDGR.

R.K.. Hotels 12.00, 12/17.80/.09. ILK. Lande 520, 5249.

#bal Lauda 1.408, 3347.70/.40mm.

Humphreys 105% b.

H.K, enliler 21,

Chinme Extatre 106n.

PUBLIC UTILITIES

JK. Tonwága 17,401, 141⁄4%/17.05/.30am.

'k Trama (tild) 10n.

(New) 10n.

Star Ferries ́109b.

C. Lights (16) X.D. 13.700, 144, 18/1ium. (New)X.D. 9.10h, 10, 9/10/.70μm. I.K. Kretelem 34jh, 2495, 231/342/jam. Moan Electrics 245. Bandakan Lights Ve.

Telephones 25%b, 21, 22/23%**. Shanghai Gax tn.

INDUSTRIALR

Cald, Hacz. (Onl.) 286, Bfen. Carton Jen în.

Cratita b, 264, 25/28un.

H.K. Robes 13.cob. 181, Jõna. STORES, Ele.

Dairy Farms 25b, 95/9AM. Waters 45 ħ, 44 15/Akan. L. Crawfords (01) 2ăn.

(New) in.

Sinceren Bu

Chian Emperium vn. Sun Co., d. 2.400.

Kwok Bang ung 135n.

Wing Da (U.K., B3n.

Wm. Powell, Ltd. 90. MISCELLANEOUS

China Entertainments X. Itts, 18th. 1.K. Constructions (Old) in.

(New) 10.

Vibro lngs 15a.

Naraman Investments of-n.

Marensen (13.) 2.

Bhai Loan 25.

Yangtzen 31n.

COTTONB:

Evo 7.40b, 6.30/7.107.40mm,

RUBBER. Etc.. COMPANIES

Alma Falaton 41⁄2n.

Bat Am 209. Hnt Plantatione In. Chemore United Abn. Cheng Stabbers 236, Consolidated Rubbers In. Dominion Rubbers in. Padang Rubber« „Zin. Jenah Rubbers 25. Rubber Trusts 25. Bamagaze Rubber

Ton.

30.

Bemambu Rubber Shanghai Kedsha tn. Shanghai-Mainga 45. Shanghat Bamstraa "101. Bunzel Duria, 12.000. Tanah Merako Bin. Tebone Rubbers Zlangbe Rubbers In.

20n.

Money Market

US dollars dropped to HK$0.00 yesterday, after opening at $8.00 amid reports of unlimited supplies

those who wanted them.

of greenbacks being available: to

TT, which had opened at HKS- 7.75, also dropped to $0.00.

This sudden recession set off a selling wave in the afternoon.

COMMERCE

AMERICA REITERATES REPARATIONS STAND

Washington, May 25.

The United States opposes sótting any limits what- soever on peacetime industry in Japan and also belloves the matter on Japanese reparations should be dropped completely by the victorious Allics.

For

these reasons the American representative on the 11-nation For Eastern Commission will, within the near future, introduce proposals that the FEC discontinue'any further consideration of industrial levels or reparations.

The United States will also ask the commission to amend way of its interim decisions on Japanese Industry

which might conflict with the American view and are not conducive to the fullest pos- -sible development of Japancae industry.

The United States intends to give the other 10 members of the commission reasonable time to study the American position but will not woll too long before in- troducing the

designed proposals ensure Japanese capacity to expand their Industry to what- ever levels necessary to sustain & self-supporting economy.

ntic observers think the Diplomatic United States action will possibly come within a fortnight.

eir position

bers of

official

realise

pt

United States there will be some opposition to their

from some mem- the Far Eastern Commis- slon. However, they are so firmly

of the necessity convinced allowing Japanese economy to the greatest possibir expand 10 degree in order to sustain itself without American aid, that they have no intention of altering their position."

No More

HK Orders For Cycles

man

an or.

Birmingham, May 25. Two Hong Kong business-

today placed der with a Birmingham fac- tory for 2,500 cycles to be delivered to China monthly.

They said that they did not think that the situation in China would affect their bus). FLERS.

The visitors, who came to British 30- Britain for the dustries Fair,

were Buttong Cheung, Managing Director. L. Mok, Director of the and Fing Lee Cycles Ltd., Hong Kong.

Thoir order with

WAS placed the Herculan Cycles Company, Birmingham, → Reulor.

payer to subsidise the Japanese matters economy had brought

to a point where they have no but this position.

They declare that so far as alternative the United States in concerned They stand firmly behind the States there is no possibility of fur-statement of the United ther reparations being extract. representative in the Far Eastern ed by Allied nations. Bince the Commission, Major-General United States holds the veto Frank McCoy,

power on

commission

who said: "The

It problem facing us is not one of

action, 11

i belloved here that the Jatimitation

of Japan's peaceful

panese have suffered their iss! Industries but of reviving these indemnity of this nature, Industries."

The American post:ion on the remaining machinery, in Japan's eslab- primarily war industry

clear as lishments will be made sooh

ans possible. Specialised equip. ment used only for milltary pur- poses has all been destroyed an the remaining equipment in ar- senals and other military estab. lishments can serve guod· pur-

pose by being employed it. peacetime foct

factories.

thu

Commenting on the feet the FEC policy decision requires the United States to

Buch

cials

impound

equipment, American om- sald they do not believe

with their stand conflicts

commlesion decision.

them only to

the

American interpretation of im

that 'it pounding is

require: ксер

account where machinery is but not deng

tere med its to Japanese Industria

concerns.

GK

The

British Stand

and British

Australian Governments are reported to be in consultation on the

United States plan to abandon .repara- tions and lift all controls from Japanese non-military industry.

Britain has told the State De- partment that this matter will need a careful study by the Bri- Wish Cabinet and involve a high policy decision. Consequently it 's expected. that it will take som Img before Britain and Australia

Di

give definite answers. The British will

consider the effect a free rein to the Ja panese textile industry on Britian

exfile

exports. Britain and Aus- ralin intend to consider jointly whether any limitations as to the ize and speed of the Japanese merchant marine are advisable. The Far Eastern Commission British and Australian officials Last week heard the Philippines think that if all controls are and Chinese objections to Uniterifted from Japanese shipbuild- States policy of ending Japaneseng and merchant marino indus- reparations and this week is ex-tries it will deal a blow to United pected to hear from several other States shipping which carries all countries.

rellef shipments to

The to Japan: British 'and Australian Cover- Little Opposition Expectedments are also expected to ask

the Unned States for proof that Officials believe that Britain, any surplus industry in Japan India, Canada, France and the will not be available for Netherlands will ask questions potential--United Press.

for clarification but that none of theso nationa. will offer strenuous opposition. "There officials refuse to specu- late on possible Russlan reaction but some observers think the Soviet Union can not strongly

munist strength in Japan.

Notice To Consignees

Consignees Per

8.5. "BENBINNES"

War

New York Stock Exchange

New York, May 23. The stock market turned in p winning scoic yesterday for the first time since May 10. Its losing streak

was net broken until D morning decline had pushed the Heneral price level close to the year's low.

In the Snal hour demand re- vived and wiped out losses, and most issues into higher pushed

for

of gains ឥណ្ឌាហារ .erritory,

und a point, Transfers totalled 160,000 shares.

Among gainers werd Armec Stecel, Woolworth, Douglas Air- trait, Pepsicola, Consolidater dison, Dow Chemical, Santa Fe. Sinclair Oll, Richfield Oil, Pillips Petroleum, United Airlines.

Loggards included United Fruit Pullman, America Petroleum.

Dow

Jones Averages: ·Stocks 62.13; 20 Industrials 171.84; 15 Rails 40.76; 20 Industrials 35,50.

Chaing quota Uon=;

Adama Expreuns 15‡% Aleska Juneau: Ik Americna Can: 90% American meiting: 44 American Telephone: 140% American Tobacco1-70% American Waterworks: 1% Anaconda Copper: 274 Aviation Corporation: Baldwitz Locomotźre: 10 Burnedull: 43%

Hend Aviation: 50 Bethlehem Sterl: 6 Boeing Aircraft: 30% Horden Call 41% Canadian Pacifier 12

J. I. Chan 31% Chrysler: 49%%% Colgate: 84

Commercial Folvenia 14 Corn Products £2

Du Pont: 1884

Eastman Kodu: 41%

Electric Light and Power: 251⁄4 General Electrier 30% General Motors: 10% Goodrich: 88

Goodyear: 40%

Komertake Mining 40% International Harvestert 23% International Paperi 45%. International Trl, and Tel: 0 Jobra Kanelles 24 Kentecati Coppert 41% Mhalqumery Ward Bi National Distillers: 17% National Lend: 8%

New York Centrals 11% Packard Motors: 5% Pan-American Airways: 946 Pennsylvania RR: 15

Radio Corporation: 11% Real Blik: 11% Beralaston tand: 8 Republie Steel; 2034 Reynolds Tobacco: 274 Ochenby: 284

Bears Hoebuck: 16% Shell 011: 11%

Socony Vacuums 104

Bouthern 'actie: 41%

Standard Brandes 1996 Standard Oll of Cuiffernis: 61% Standard Oil of Nha 80% Studebaker: 10

Valon Deg: 245* Union Carbide: 16%

US Rubber: 18%

US Meeli 4

US Lines: 15% Westinghouse: 21%

Youngstown Sheet and Tuber 61% General Public Utilities 13%

-Associated Press.

Notice To Consigneos CONSIGNEES PER

STATES STEAMSHIP CO.

རྩྭ་

B.S. "OREGON"

are hereby notified that their the American position

cargo is being discharged into without undermining the Com- are hereby notified that their the Hong Kong & Kowloon cargo is being discharged into Wharf & Godown Co's godown Summing up the United States the Hong Kong & Kowloon where it will be at Consignees position, American officials said Whart & Godown Co.'s 80-risk and subject to the Wharf's they oppose any

on down, where it will be at Con- terms and conditions of storage. Kmitation Japanese industrial, levels or signees-risk and subject to the and where delivery may be

extraction further

of ro Wharf's terms and conditions obtained.

any that

Sterling Was unchanged at parations and will soon propose of storage, and where delivery HK$18,50, while Australiani

the.

Far Eastern Commission may be obtained. to put itself on record on concurring pounds dropped 10 cents HK$15.20.

Plastres dropped to HK$13.10 100 after opening at '$15,65,

in this view. If not, the United Damaged packages are to be examination by Consignees and

Damaged packages are to be left in the godowns tor States veto, power can be brought left in the Godowns for ex-. ukato..play.

amination by Consignees and Consignees and Company's Sur- Officials said that continued the

Company's surveyors, veyors, Messrs. Carmichael & Tleals were quoted at IK$20, drain on the United States tax-Messrs. Carmichael & Clarke, Clarke at 10 am. on the 2nd 50 a 100 NEI Guliders at HKS-

at 10 am. on May 28, 1849, June. 40 a 100.

To comply with the General- Bonded Warehouse Regulations Consignees must have a Re venue Omeer in attendance when damaged dutiable goods are examined.

NY COTTON!

New York. Why 20 Cotton futures' drifted' lower in slow trading and closed 30 cents to $1.00 bale lower,

July, $2.27-23. October 28.87-001, December 26.60.

March 28.55. May 10,37 nominal July 27.56 naiibal. Middung Spot 39.32 -Associated Press,

nominal.

LONDON STOCKS London, May 20 Duliness war-widgpread inland slock markete ·Elafkv-setting, dem pressed most: swallone, expecially brewery shares and 1 SCHE

+

also slipped. Alitseden

des closedniku, down after early firmness,"

~Pinancial Times" tidleg "1119)

Associated Proom,

+ to st

Notice To Consigneer M/S. "MATCHEN MAERSK" - arrived May 22, 1949 |

Cargo shipped from U.S.A. by the above vessel and des- tined for

SHANGHAI

To comply with General Bonded Warehouse Regulations Consignees must have a Re- ventie Omeer in attendance when damaged dutlable goods. are examined.

No claims will be admitted, No claim will be admitted after the goods' havo' left the after the goods have loft the steamer's godowns, and all steamets godown, and all goods goods remaining undelivered remaining undelivered

after after May 30, 1940, will be the 3rd June will be subject to subject to rent."

rent.

Was discharged at Hong Kong into the premises of the Hong Kong & Kowloon Wharf & Godown.Co., Ltd., according to the terms and condition of the Bill of Lading, where it now is lying at the risk and ex- ponses of Cargo Owners, who not be recognised.. are requested to surrender to Unithe relatiye>B/L duly en- affected. dorsed for countersignature, hơ that delivery may be effected.

JEBSEN & CO.,

All claims against the stepm- All cigims, egginst the steam- must be presented to the er must be presented to the June 14, 1949, or they will 19th June 1948, or they will not undersigned on or before Undersigned on or before the

be recognised.

No Fire Insurance will be effected.

No Fire Insurance will be

W. R. LOXLEY & CO. (CHINA); LTD., Agents. Se Agents: MAERSK LINE, Hong Kong, May 23, 1140.

MYAW

JART), SOKRATE

DODWELL & CO., LTD.

Agents.

Hang Kong Mar 37 11

BuchMary

HERICAN PRESI LINES

The Global Flest

TO HONOLULU AND SAN FRANCISCO

xía ́SHANGHAI & JAPAN *President Wilson" implies caution #fioneral Gordon" (yla Manila & Japan) "President Cloroland"

June 18 „Juno'PA! July 10

TO SAN FRANCISCO AND LOS ANGELES

"Fresident Taft" "President Madison"

via JAPAN

May 30

Jano. 4

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

"President Johnson" (Direct to Pacific Coast)....... June 18 'President Harrison" (Direct to Pacific Coast) ............ July 13

ROUND-THE WORLD

-VIA MANILA, SINGAPORE, COLOMBO, KARACHIT, SUEZ,

FORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON "Marine Snapper" (Singapore Direct)................. "President Polk"

'TO NEI. & SINGAPORE

"President Harrison" "President #ulmore"

Opposite Star Ferry.

June June 25

1

Запо July

Tel. 28172 IN.

BEN LINE

SHIP

"BENRINNES" "BENAVON" "DENARTY" "DENVENUE" *"BENLOMOND" "BENVIACKIE" "BENLAWERS"

SHIP

"BENAVON", "BENVENUE" “BENLAWERS” ["DENRINNES"

[“BENARTYF". ["DENÝLACKIE”

{"BENLOMOND".

THS

PAR EXST

ARRIVALS

FROM

......U.H. via Singapore

do

- de

do

- 40 m

SAILINGS

то

London, Antwerp,

·Rotterdam, Ham- barg de Hull.

Liverpool, Glasgow,

& Keith,

Liverpool, Glasgow,

Havre, Antwerp,

Rotterdam, Hamburg,

~

DUE

-In port.

28th May. Karly June. 1st half June. 2nd half June, End June Early July.

LOADING

20th May. 2nd half June,

1st half July.

26th May

2nd half June.

1st half July.

...Genoa, London, Aht- 2nd half July,

werp. Rotterdam Hamburg,

* Accepts cargo for Japan”

I calls at Port Sudan.

&

For Further Particulars. Apply To-

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

York Hallding.

Agents

Telephone:

ISBRANDTSEN

librandtsen Company Inc.

20 Broadway. New Tore 4, NY..

"

VÁS HAST • STRAITS • INDIA ". FERBIAN GULF MEDITERRANKAM

UZ. 'CONTINENT • W, 'INDIES ='8.' AMERICA'

STEAMSHIP DIVISION

**FROM

Manila

S.S. "STAR OF SUEZ"

Tue June II.

!

BAILS FOR

Kobe, Nagoya, Yokohama, Ban Francisco &

New York la Panama Canal June 12,

Tanks for Olt in bulk & Refrigerated Cargo Space available, a First Class Passenger Accommodation with limited number cubing de luxe?:

S.S. “SIR JOHN In port

FRANKLIN”

S.S. "FLYING

CLOUD"

In port

A.

Shanghai, Taku- flar, Fusan,

Tokohama, Nagoya, Robe & New York via Panama Canal May 27.

Manila, Iloilo, San Carlos, Kohslchang, Singapore, Bombay, Karachi, Alexandria, Genes & New York May 27.

P. PATTISON & CO.

GENERAL AGENTS: CHINA, FORMOSA, KOREA JAPAN,

HONGKONG V

· 12-14, QUEEN'S ROAD CENTRAL, 4th floor, TEL: 25846

Chinese Arenta;—LAM KEF SHIFTING' CÓ, 10. Connaught Road, C. Tal. 24080

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 18 days Thence San Francisco, Vancouver, Seattle & Portland M.S: "BUNNYVILLE”

30th May ARRIVALS FROM PACIFIC COAST M.S. “CASTLEVILLE”

21st June M.S. "BOUGAINVILLE”.

22 July Balling to Singapore, Fort Swettenham Penang, Belawan & Batavia MS. "TRANCISVILLE”

26th May

Famonger 4000shtagdation Chimano" Freight Akenta,

HOO FOOK PING

Pzik Oji Tanka

THE BANK I

(CHINA) LED

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