Bro 11 TE
ROYALT
INTEROCEAN
LINES
JAYAPORTS and MAÇASSAR
SAILINGS ARRIVALS
10th July 4.379.
21st July
7th August
**THISADANE"
"VJITJALENGKA”
"TJIBADAK"
`MANILA
"TASMAN"
"TJISADANE"
"IJITJALENGKA"
TJITJALENGKA"
SAILINGS
7th July
21st July
ARRIVALS
4th July
9th July
12th. July 21st July
20th July
SINGAPORE, PENANG and BELAWAN DELI
"VAN HEUTS2"
"VAN RIEMSDIJK“
"VAN HEUTSZ"
SAILINGS
15th July
ARRIVALS
6th July
23rd July
16th August
1st August
EAST & SOUTH AFRICA & SOUTH AMERICA
SAILINGS
ARRIVALS
**TJIKAMPEK" * "RUYK"
18th July
"TJIBODAS" *
10th Aug. 7th Sept
12th July
5th Oct.
18th Aug.
"STRAAT MALAKKA”
Calling at Mombasa & L. Marquen Direct. Transhipment cargo accepied on through Ba/L to Dar-Es-Bainsm and Zanzibar.
* no passenger accommodation.
**TJIKAMPEK"
JAPAN
THE CHINA MAIL, SATURDAY, JULY 2, 1949.
FINANCE AND COMMERCE
SOARS:
SHANGHAI RICE PRICE UNBALANCE IN CITY ECONOMY
New York Stock Exchange
1
Shanghai, July 1, '
The price of rice in Shanghai topped $3,000 (Com- munist dollars) for a 165 paund bag, an in- crease of almost 300 per cent in the 'last two wocks.
Meanwhile, the official exchange rate of the Com- munist dollar is unchanged and is still at 1,650 to U.S.$1.
it
The same conditions appear to be prevailing as those which fol- lawed the effort by Chlang Ching- New York, July 1, Kuo last August to maintain the A painfully slow advance new Gold Yuan at four to US$1. earched
muin through in the
When the price of the slock
Increases nauket for The second straight stuple food in China day. Gains rangest froin Tractions three times while the officlub ex- change rates retain unchanged, Buying in- to around point.
unbalance meags
jo the ferent never got beyond the luke
economy. wungy Time_ Traders cohlhated |
ere is ufficlul pres 11 means IIPTE cathage. Transfers 581,900, sure to fix prices at the level of official exchange rate while there Among gainera were Arnok!
terrifie Ja always unoffiein! bui Constable, Bell Aircraft, Colabour pressure to pay wager af | monwealth, Ediyon, Singlali Oit, the rice level. Richfeld Oil, United Airlies, Twentieth Century Fox. Stum blers included American Woollen, Santa Fe.
Dow Junes averages:-Stork 59.55; 20 bulustrials 107.42; Rail 42.57; 14 Utilities 34.41.
15
ARRIVALS:
Cloring quotations:--
18th July
7th August 15th July
Adams Express 18
SAILINGS
Agents: HOLLAND—EAST ASIA LINE
EUROPE via MANILA and MALAYA
"MEERKERK"
"AMSTELDIJK'
"KIJNKERK"
"MARIEKERK"
SAILINGS ARRIVALS
6th July
Rnd July
2nd July
.Epd Aug.
Early Aug.
End Sept.
Early Sept.
Transhipment cargo accepted on through B/L to Indla, Mediterranean and Northern European ports.
"MEERKERK"
"AMSTELDIJK"
JAPAN
SAILINGS
ARRIVALS
5th July
End July
...3rd July
KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. ConnWONT Ru. C. Tria: 31196-25133
DE LA RAMA LINES
ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. "DONA ANICETA" 2.v. "BENGALTM
In Port 10th July
SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & "LOS ANGELES
m.r. “DONA NATI” (calis Japan)
16th July
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
MARINA HOUSE
Tela, 23676--22375
CHINESE BHIPPING OFFICE
Tell, 23738-20153
THE EAST ASIATIC CO., LTD.
OF COPENHAGEN
S.S. "BLANKYANN”
LOADING. ABOUT 16th JULY
for
ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OŠLO, GOTŘENBURG AND COPENHAGEN,
M.S. "BINTANG"
LOADING ABOUT 18th JULY FOR
KOBE & YOKOHAMA
THE EAST ASIATIC CO., LTD.
Queen's Bldg,, Ind floor,
Alaska Juneau 3
Amerlenn Can 10 American Smelting 43% American Telephone 139% American Tobacco 69 Amorlean Waterworks 7% Anaconda Copper 201 Aviation Corp. Baldwin Locomotive 9
Barnsdall $4
Bendix Aviation 28% Bethlehem Steel 24% Doring Aircraft 19 Borden Co. 40
Cheadhun Pacific 10% Chrysler 47
Cotrate
Corate 351⁄2
Commercial Solvents 13%
Corn Pro
Products 50 Du Pont 464 Eastman Kodak 40% Electric Light & Power 20 General Electric 34 General Motors 56%
Goodrich 55%.
Goodyear 37
Homeslake Mining 40% потеке International Harvester 24% International Paper 45% International Tel. & Tel. 8% Johns Manville 34% Kennecott Copper 44% Montgomery Wani 483
National Distillers 18% National Lead 30% New York Central 0% Packard Motors 31⁄2
Pan American Airways B Pennsylvania RR 14% Radio Matic Corp. 10%
tepublic and 84
Steel 17% Reynolds Tobacco 364
Sears Roebuck 3734 Shell Oil 324
Socony Vacuum 149
Southern Pacine 35
Standard Brands 18%
Standard Ol of Calif. 59%
Standard Studebaker 17
of NJ, 62%
Union Bag 281⁄4
Linion Carbide 36%
US Rubber 351⁄2
US Steel 21% US Lines 15% Westinghouse
22/4
Youngstown Sheet & Tube 67% Gen. Pub. Uunities 12%
-Associated Press,
Wih labour trouble widespread already throughout Shunghial. be- largely through shutdowns enuse of the lack of shipping, the swift climb in the cost of rice is certain to aggravate things.
The question in the minds of Dupliness circtes la what, if any- thing, the Commualats can about it.
Old Problem
do
This is an old problem to the Nailonists.
They never really solved it but managed to avert economie explosions largely by using for- eign uld (ECA) commodities to drive down prices or by condemn ning the black market and letting the black market
control both
The price and wage levels.
The Communists have driven the black money market from
the
streets, but if the price of rice contimes to climb and the official exchange rate falls to fol- low, it will be extremoly - cult to prevent the return of the black market-Associated Press.
REPORT TO LONDON ON THE CRISIS
London, June 30. Sir Oliver Pranks, British Ambassador 10 the United to the Foreign States, went Office soon after his arrival in London by air today for discussions with the Foreign Secretary, Mr.
Ernest Bevin,
and Ble William Strang, Per- manent Under-Secretary for Foreign Affairs.
Bir Oliver reported on the Washington end of discussione on the dollar drain on Bri tain's economy.
Later
Bir Oliver today went on leave but a Foreign affice spokesman saldi that The W
will call at the Foreign Office from time to time when needed for talks with Mr. Bevin.
Mr. John W. Snyder, Unit- ed States Secretary of the Treasury who is to tour Eu- rope, will probably leave for Paris by air on Saturday.
The period of Me. Snyder's visit to London will depand on the time avaliable.-Reu- ter.
A
AIR MISSION FROM THE PI
five-man
MEAT FOR BRITAIN PILES UP
Buenos Aires, July 1. Argentine meat packers sald that heavy shipments of cattle have been reçelvéd recently Tram stockinen and that slaugh ter houses are bulging' with beef as a result of the signing of the Anglo-Argentine treaty.
traile
British sources expect Argen- u to stup 30,000 tons during July and that all indications are br, the for complete funtment Dealy's - minimum shipment of 306,000 tons in the first year be. ginning July 1
They are hopeful that Argen- u wil exceed at figure.
Beth Embassy sources said the quota of shipments is unlike ly to be affected by the contract announced on June 29 for the sale af. 0,100 tons of meat to the U.S. Army for froops in Western Ger- miany.
The sources point out that un- der the treaty Argentino is per- mitted to reserve about 15 per vent of the exportablë' surplus to sell to countries other Britain,-Associated Press.
than
INDIA-PAKISTAN TRADE TREATY
Karachi, June 30. Under the trade agreement between India and Pakistan signed here on June 24. Pakls- tan is fo supply India with Your million bales of raw jute and Manila, June 30.
air 460.000 bales of cotton. Pakis- Phillipine mission will leave on Saturday tan will also maintain her ex- by plane to negotiate air tran-port quotas of hides and skirts sport treatles with six countries and send India her full
require- CHICAGO GRAINS in Asia, the Middle East and ments of rock salt.
India
will send Pakiston 2.- Chicago, July 1.
Europe, it was announced off-
040,000 tons of coal arid 8,000 arsally by the Foreign Office this tons of iron and steel besides an- Relling wiped out harply trimmed early gains in evening.
outstanding balance of about 40,- grain Atlures. Ryc tumbled The mission will endeavour to 000 tons of iron and steel from sharply Wheat closed -1- conclude bilateral air pacts with the current agreement, lower.
Pakistan, Siam, India, Egypt, Greece and Israel, the announce- ment said.
It will be headed by Mr. L. V. Madamba, Counsellor of the Fur- cign Office-Reuter.
Late
July
September
December
$1.95 14-4. $1.97 -34. $1.80 4-34.
.... Com lower to % higher.
July
$1.34 42-%. Oats Th lower to higher,
.50 54-7%.
July
Rye 2-1/8-4-1⁄2 lower.
July ......... $1.35 34-$1.36. Soybeans unchanged to
SZ.34 44-14.
July
-Asspciated Press.
higher.
SHIP MOVEMENTS
NY COTTON
The new agreement remains in force for a year from July 1 this year. Reuter,
TRADE TALKS
Buenos Aires, “July 1. New York, July 1. Negotiations started for new Collen futures fluctuated "wide-} commercial -necord
with Italy under alternate profit-taking when die Italian Ambassdor, Gu- and new · buying. Closed 24stino Arpesani,-- accompanied by cents to 90 cents a bale higher.
July
October
December March
May
July
San Francisco, July 1. Ship arrivals Swarthmore Vic- tory from Kwajalien, President Madison from Yokohama, De- partures on June 20, Belleville Middling Spot
for Manila, Christopher S. Flana--Associated Press.
an for Yokohina.
Scattle, Arrival,
George C. Perkins from Yokohams. De- parture James O'Hara for Yoko- hama.
32.85-89.
29.49.
20.37-38.
20.31. 20.20.
29.56.
the Italian Food Commissioner, Vittorio Ronchi, and the commer
clal attache, Enzo Mancigleri, vi sited the Minister of Economy here.
A Ministry source said similar negotiations will be resumed i 30.41 nominal, shortly with France, and Carcho- slovakia and Norway are gwalt- ing their turn for discussions.- United Press.
ALL RUBBISH
Athens, June 30. Admiral Sir Arthur Power, Commander-in-Chief of the Bri- Portland, Arrivals on June 29, sh Mediterranean Fleet, said Rutgers Victory and Oregon here today that reports of my Trader from Nagoya and John Owen from Kobe. Salled, mastar for Yukóhámp.---Associat- ed Press,
LONDON STOCKS
sterious submarines in the Medi-edged securities Du-terranean are "ali rubbish."
STATES MARINE LINES
FAR EAST SERVICE
FROM U.S.A. PORTS
S:S. “J. L. LUCKENBACH”
Due 17th July
Agcata
GOURLIE & CO., H.K.) LTD.
Tel 34111 & 34112.
Union Buliding--
THE HO HONG STEAMSHIP
(1932) LTD.
8.8. "HONG SIANG”.
For SingafÓDE” PENANG A RANGOON`
Landipr
8th July
·Bubjcol to supration - Withong Natkop
For Particulars Frelatit & Passage Picaso Apply:
THE HO HONG GO, (CHINA) LTD. 484. Dankam. Birană. W.
Balilog
6th July
Telephone: 31341.
Ho arrived today on board the battleship Vanguard.—Reuter.
NOTICE TO CONSIGNEES "HOLDING"
2. & O., B. 1.4-1. & A. BILES OF LADING
Mears Goddard & Douglas will'attend at 10°ám;' on 'Mon. days and Thursilay's 'wliħin the free storage period, th" aurvey damaged cargo, and cohsigned. are requested to have their representative present, Unless consignees representatives- ark present at the Survey no claims can thereafter be omitted.. MACKINNON, MACKENZIE
Agents:-
&.co.
P. & O. 9. N. Ca, B. I, 9. N. Co., L.
A. 83 Co Ltd.
Pacific For East Love Tue.
Fast Regular Trans-Pacific Service
DIRECT
BAN FRANCISCO, LOS ANGELES.
"OVERLAND'
NEW YORK-CUCAGO-DETROIT TORONTO, MONTREAL AND. ALL AMERICAN & CANADIAN OITTER.
Artys
"GREAT REPUBLICS †
"BÉA SKUPENT" I *IRAM VIĆTORY*
2- Ban Francisco
·July
New Fanguines
12
Bab Wikkelsco
Han Yenucleor
July
Az
#FLYING URKOGN"
Esia, 28127. A. 25018
"SEF"fun"PartZRAYS COURTESYKY KRSALKONTAKUMITATEM“
Sal
July T
July 11
A 1
“Aug.
4
Fernd
}
San Franciscs 4 Lês Angele En PriceFacó de Lau Augsto0.
Băd Franelen By Lan Anhelse
ni sun phát,
th
Ban Franclero¬k ́Ess¥Ângelos. Bas Mencies 4. Len Anzilons
London. July "1. Renewed selling, of British gilt- forced prices fractionally lower in the Stock Exchange. Industrial altarus moved irregularly" and mis-
steel issues which closed" firm. with the exception of fron and Calls were generally unchanged and Kalles held firm on local support,
cellaneous leaders lost ground
Financial Times' index 101.6. Associated Press.
Notice To Consignees
S.S. “EUBYPYLUS", Damaged cargo ex this vessel will be surveyed at Holt's Wharf between 10 a.m. and Toon on July 2 and 4, 1940, and consignees are requested th have their representatives pre- sent during the survey.
BUTTERFIELD & SWIRE,
Agents.
.
Hong Kong, July 2, 1049.
Notice
To Consignees M/V “SHANSI”
arrived 20.4.49.
Damaged cargo ex this vessel will be surveyed by Messrs. Goddard & Douglar at Hong Kong & Kowloon Whorf No: 26A Godown from 10 a.m. on the 5th and 6th July 1940 and consigncos representatives are requested to 1 be, present during the survey
BUTTERFIELD & SWIRE, Agans, Australian-Ortentní Line Ltd.
AMERICAN PRESIDEN LINES
The Global, Fleet
· TO HONOLULU AND, SAN FRANCISCO via JAPAN
"Pieldent Cleveland"
"President Wilson"
July 13
Aug 3
TO SAN FRANCISCO AND LOS ANGELES
via JAPAN
"President Plérée" (San Francisco Direct) "President McKinley”
July 17
1
TO NEW YORK, BALTIMORE & BOSTON via PANAMA
"President Johnson" (Direct to Pacific Coast)
'President Harrison" (Direct to Pacifle Coast) ROUND-THE WORLD
July 7
July 12
TIA' MANILA, singavore, COLOMBO, KARACHI, SUES PÕKT SAID, ALEXANDRIA, NAPLES, MARSEILLES, *****
` GENOA, NEW YORK and BOSTON
2
"Molint Davis" "Mount Maxfleld"
TO N.E.I. & SINGAPORE
"President Filmore" "President Tyler”
Opposite Star Ferry,
:
July 1
• Staly 12
July July 30
Tel. 28178/8.
AMERICAN PIONEER LINE
to and from Atlantic Coast Ports of
the United States
and Far Eastern Ports
NEW FAST CARGO SHIPS
ARRIVALS FROM ATLANTIC
"PIONEER SEA"
"PIONEER COVE "PIONEER TIDE"
July 17 July 28
Aug.
4
SAILINGS TO MANILA
རྒྱུ།
"PIONEER SEA"
"PIONEER COVE"
*PIONEER TIDE"
July 18 July 28 Aug.
SAILINGS TO
NEW YORK, BOSTON, BALTIMORE PHILADELPHIA
vin JAPAN & PANAMA CANAL
Arrives July 9 Salis July
“PIONEER LAKE" ...
"PIONEER SEA"
14
Aug.
4
"PIONEER COVE"
Aug. 14
"PIONEER TIDE
Aug. 21
10
Aur. Aug. 16
Aug. 23
For ratos, special information coll
UNITED STATES LINES
COMPANY
The abere Hat Indicates 'the principal porte of Iseding and discharYO
Por further informas
Queen's Bldg.
as presently intended, but not their rotation. tion ses schedule at the Company's Ollen.
Tel. 31251
BENS LINE
1
SHIP BENVRACKIE” BENLAWERS"
"DENDORAN" BENDBOCH" "BENVORLICH" *"BENCLLUCR"
SHIP "DENLAWERS"
DENVORLICH" BENBLOCH SVBENARTY!
"LENVRACKIE“ "BENDORAN "BENCLEUCH"
"BENLOMOND"
FARM 163 ARRIVALS
...U.K. via Singapore
*FROM
-
do"
→
tu
---
SAILINGS
ΤΟ
London, Antwerp, Rotterdam, 'Ham- burg & Hu?).
Elverpool, Glasgow, Havre, Antwerp, Het-
DUR
7th July. In Port,
Abt. mi♫ July. 2nd: baik July. End July. 1st half Aug.
LOADING
7th July. End Jul.: 2fid half August Aut. Ich July.. Aht. 9th July. 2nd half August. Early Sept,
Abt. 14th July.
terdam & Halsbury, Genoa, London, Ant- werp, Rotterdam, Imburg, Hell. & Leith vin Malaya, Colombo, Aden, Port Sudan and other way porta.
Accepts cargo for Keelung, Accepta carko for Japan.
Calls it Gunda,'
Omits Hamburg, onils at Leith.
For Further Parnculars, Apply To---
W. R. LOXLEY & CO. (CHINA) LTD. Agents
York Bullding.
Telephone: 24165.
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE”
30th July
ARRIVALS FROM PACIFIC COAST H M.S; "BOUGAINVILLE
22nd July M.S. "SUNNYVILLE”
21st Aug. Salling to Singapore, Port & vettenham
'Penang, Belawan & B tavia y
23rd July
M.S. “BOUGAINVILLE"
** Pilsenger Accommodatien Chinese Freight Agenta, HOO FOOK PING 2
BAN ON TAnky.
THE BANK LINE (CHINA) LTD,
Kings Bullding - Tel_22791_THEBA) – LOTE (CRES
કપાસ