1.

ROYAL

INTEROCEAN I LINES

JAVAPORTS and MACASSAR.:

KOTJISADANK"

"TJEBADAK"

**TJITJALENGKA'

"THSABANE"

TJISADANE"

**TJITJALENGKA"

*TASMAN"

"THPONDOK"

"STRAAT MALAKKA“

"BOISSEVAIN"

SAILINGS

16th August Jst. Bept.

18th Sept. 29th Sept.

MANILA

SAILINGS

26th August

7th Sept.

7th Sept.

5th Oct.

4th Nov.

.*~310 pansenger accommodation,

ARRIVALS.

19th August, 2nd Sept. 16th Sept.

ARRIVALS

15th August 30th August 15th Sept.

24th Sept.

SINGAPORE, PENANG and BELAWAN DELI

"TASMAN" |

"VAN HEUTRZ

VAN RIEMSDIJK"

"VAN BEUTSZ"

SAILINGS

ARRIVALS

15th Aug.

4th Sept.

31st AuguNÍ

26th Aug.

21st Sept.

12th Sept.

To Singapore and Penang only

$ Passengers accepted to Singapore only

EAST & SOUTH AFRICA & SOUTH AMERICA

"THPONDOK" •

"STRAAT MALAKKA"

"BOISSEVAIN"

SAILINGS ARRIVALS

THE CHINA MAIL, THURSDAY, AUGUST 11, 1948.

FINANCE AND COMMERCE

BRITISH GUARANTEE OF SUGAR MARKETS

Hong Kong Stock Exchange

There is nothing to report.

R.E. GOVT. LOANS * OL TANK.

2. Lawn 17990 & 19403 Jun #gas Laine etrang phub.

7th Sept.

5th Oct.

4th Nov.

22nd Aug. 24th Sept.

*

Calling at Momliara & 1. Marques Direct. Transtipment cargo accepted on through Ha/I. to

Dar-es-Salaam and Zanzibar.

* no passenger accomottodafiat.

"TJIPONDOK” *

JAPAN

SAILINGS

"STRAAT MALAKKA”

* no passenger accommslation.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"RIJNKERK"

"MARIEKERK"

"MOLENKERK”

HANKS

K&S Bank 1400) X.D., * (7fom X,15.

Lam, Hera 475NPAK, Charterer Fak £20 1/160, Berazi Bank A Bank of Plant Amin 1146.

INSURANCES Chains 1- Mar 15, 6501, 657 124. China nderwriter, &B, Fire 1, 2450.

BEIPPING

Bowlton Betha, #K

AM Membionts 171,2, and hins (el) B

<tlet Jonas.

Their carera na Big, TANN Went

DOCKS, WHARVES, GODOwres, kie

What you | Pin North Plere Whoever ato.

Zhonghd Hourkow What you 10m.

valents U4 205 Bockyard

A

ARRIVALS

1.

2411 August

4th Sept. 4th Sept.

ILK The

* * -,

Shantha Wed

03/

MININO

Rah Min

SAILINGS

ARRIVALS

135.

MFITET

J

End Aug.

16th August

End Sept.

Early Sept.

End Oct.

Early Oct.

Franshipment cargo accepted on through Ba/L to India. Mediterranean and Northern European purts,

"RIJNKERK"

"MARIEKERK”

JAPAN

SAILINGS

28th Aug.

.Early Sept.

ARRIVALS

End Aug. End Sept

KING'S BUILDING: TELS: 28015 to 28017 CHINESE AssHts. 82. Connaught R'b. C Tris: 31196-25133

DE

LA RAMA LINES

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

m.v. "BENARES"

5.8. "DONA AURORA"

THE DE LA RAMA STEAMSHIP CO.,

(Incorporated in the Philippines)

MARINA HOUSE Tels, 23676-22675

Mid Sept. Atid Oct.

INC.

CHINESE SHIPPING OFFICE Tels. 23738-20153

A. P. PATTISON & CO.

S.S. "PROMISE"

(NORWEGIAN)

Loading for Ko-si-Chang & Bangkok on or

about August 11.

12-14, Queen's Road, Central, 4th Floor, Tel: 25346.

Chinese Agents: LAM KEE SIUPPING CO.

26. Connaught Road, C., Tel: 24639

HONGKONG/MACAO

DAILY „SAILING.

PROM HONGKONG 'FROM ·MACAQ No. 18 WHARI HOI ON WHARF

0.00 A.M.

T.S.S. "CHEUNG HING”

Further Particulars Please Apply:- TA HING Co. (H.K.) Ltd.

St. George's Bldg. Tels: 31288, 31289 Subject to Alterations Without Notice

2.30 P.M.

“WEEKLY CHINA MAIL”

CONTAINING ALL THE LOCAL NEWS

*

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY" HERALD"

Price 50 Cents

ON SALE EVERY. THURSDAY,

LANDS, HOTELS & DAIGS.

Im 10+s4

1.6 e bin

Hy '• #K Beh Klitore Extazłem 1510,

PUOLIETILINEA HK. Tramwaya 12,800, Pk (0) 1.

(New 10, Stor Terrien DAME,

C. Llants CORE 120

(News 1,200.

+

K. Electrics 201,b, 305,0.

Macan Elvetrina 221120. Hatukkan Lights D, Telephones 21 141, 26,30am, Matyhel On 2n.

INDUSTRIALS

Gald, Mac. (Ord.) „26.Gun. Canton Jers Th,

Comelite a

ICK. Rape 1515m.

STONES, EL, Ratzy Purma 361. Watsons 43x

L. Crawford (d) in.

(New) 22.

Albert 5,150.

China Engworlum 9.100, Bun (n. 1, n.

Kwook Hang Dong 123. Wing On (LK.) Hom

ભો

Powell, Patil, plya,

MISCELLANEOUS

China Entertainmente Inn, ILK Counstructions (Old) da.

(New) Rijn,

Vibra Piling 15. Blarema Ivestments 9-1, Marsman 18 X.) 2. Shuppini Inn 18VB. Yanglutes in.

COTTONS

Ewon 4.00h. Bad.

RUBBER, Etc. COMPANIES Alma inten $4. Anglo-Dutch 20n. Anglo-Java 1.

kom.

Hat Anuma „eča, But l'instations Zn. Chrmure United Cheng Rabbers 70n, Consolidated Hubbers In. Dominion Hutbers in. Langheta In. Repah Rubiera „Mile. fubber Trunia 3.

Sumagaga Stubbers Ain. Bememhu Rubbers 1ón, Shanghai Kedahs In. Auth-inys 120, Shanghal Sumatra 801, Sunkel Durie 18. Tanah Meralm .con. Tabong Nubbera .40n. Zingbe Rubbies In.

Money

Market

US dollars opened yesterday at HK$0.16 and after. guing up to! 36.18, dropped to $6.14% at the close.

TT was put through between HK$0.17% and $0.14%.

Sterling closed at HK$10.80

after opening at $18.40. Australian pounds

0704

to

HK$13 after opening at $12.70.

Piastres had another drop and closed yesterday at HK$13.22% 100.

Ticals were ug 10 cents at HK320,30 a 100...

London, August 9. The British Government is to guarantee to efficient Commonwealth sugar producars, markets, for agreed tonnages at reasonably remunerative prices, it was announced tonight.

The Colonial Office said that the long-term arrange- ments would include negotiations with the pro- ducers to fix the reasonably remunerative prices,

The

announcement that the

"

Government woll give thee Trade With

firm assurances, to producers, fol- Howe talks just endles with re

presentatives of the British West lies Sugar Association and the Jumaten Government.

can

Before the

arrangements The completed, representatives of her Commonwealth producers will be consulted in the autumn, the Colonial Office said.

Weat Indian representatives will be included in these dis- cussions.

Referring to the West Indinn delegations cali for a 10-year

urchasing plan, the wald:

ANNOUNCE-

UK Policy "While appreciating this view. His Majesty's Govern. gent regarded the period the agreement as a point to be covered in the negotiations the autum."

آپ

The British Government's de [efored policy

its

i tu niluin a

of the Ite Crohoniy miraye

and where, Colonial territories

West In the British 36 in 120

sugar production

the main and indispensable basis of a healthy this will 1b4 given fixing! consideration

conomy.

!pecial

to be

Ministry

1

<if

sugar the quantities covered by these arrangements.

Treasury and Foo epresentatives

Office

Who

Coloniali Joined experts in the talks with the West Indium delegates,

Busta- included Mr. Alexander wanie, Jaruncan Communications

and Minister

Labour Party

leader-Reuter.

No Crisis, Only A Recession

the

Red China.

San Francisco, August 9.

The Communist Pelping Radio said tonight that the exchange of goods between Manchuria and other parle of Communist-held China increasing.

It

that eald

the tata! volume

trade of

between Manchuria and other areas of "ilberated" Grina amount. ed to more than 1.1 trillion Communist dollars from May 1 to mid-July.

Over 88 per cent of this trado was with

with North China, and over 63 per cent of it ving handled by private mer- chants, the Radiu added.

The broadcast reported that 400,000 refugees han teft Shanghai for the coun tryside to engage in produc-

tive work.

of

The radio

was sold this one of the ctope taken "to einash the blockade" Shanghai Imposed by the Na. tionallats. This movement of people, the Radio added, aimed at solving was also

conditions

overcrowded

the city.Reuter,

RUSSIAN WOOD

FOR BRITAIN

London, August ( Contents under which Soviet with Russia will supply Britain about 10,000 standards of soft- wond have been concluded here by

of the two representatives countries.

The Board of Trade natiounced Uhat shipping will begin almost Immediately and that the total amount may be delivered before! navigation closes this year.

Prices are lower

those thun paid Inst year,

The supplies will include 12,500 standards of red-wood and 6,000 world alandards of white-wood from the only a Soviet zone of Germany--Reuter.

Geneva, August 9. Mr. H. P. Adnekar, head of the Economic Department of Indian External Affairs Ministry, told the 18-ration United Nations Economic and Social Council to-

that there day

crisis but economic moderate recession.

Replying to a Polish: statement "that artificial post-war

210)

osperity in India has come to

An end, Mr. Adarkar commented:

NY COTTON

New York Stock Exchange

New York, August 10.. The stock market lost ground after a two dny rally.

Prices

fell by

Iractions to around point among the len- ders

the while

trade volume 1,140,000 contracted, to

abarcs. The decline in trading as prieca eased off was considered an in- dication of resistance to selling.

Ralls und utilities on the whole

behind the rest of t4 lagged mürket in the decline, with a number unchanged.

Nickel Plate was up around Others five points at one time. ginling included Canadian Puct- On fle and international Paper. the down side were Union Car- bile, U. S. Steel, Sheet and Tube, Kennecott, West- inghouse, Sears Roebuck, eral Motors and Studebaker.

Youngston

Gen-

nverages.—Stocks Dow Jones

Industrials 179.52, 15 04.27. 20 Rails 47.31. 14 Uuttes 30,69.

Adams Express 18% Alaska Juneau 35% Amerious Can 91% American Smelting 40 Azerican Teleplume 144 American Tobaco 70 Amerlen Waterworks 79% Anaconda Copper 291% Aviation Corp. 3

Baldwin Locomotive 10% Barnsdall 47

Bendix Aviation 30%

Bethlehem Steel 27

Boring Aircraft 10% Borden Cu, 43%

Canadian Pacific 13% J. I. Case 30 Chrysler 51

Colgate 30!! Commercial Solvents 1014 Corn Products 024 Du Pont 50

Eastman Kodak 43% General Electric. 38% General Motors 01 Goodrich 0214 Goodyear 4214

Homestake Mining 42% International Harvester 25% International Paper $3 International Tel & Tel 91% Johns Manville 39 Kennecott Copper 404 Montgomery Ward 54 National Distillers 10

National Lend .321⁄2 New York Central 10% Packard Motors 3% Pan American Airways 9 Pennsylvania ft 15 Radio Corp. 11

Real Silk 11%

gton and 9%

Steel 20% Reynolds Tebneco 37% Schenley

27

Scars Rincbuck 40%

Secony Vacuum 1324

Shell

Oil 34-

New York; August 10. Colton futures hoved

October December March May July

20.74-75.

29.74. 29.74,

29.65 bld.

lower

The atement in only true fr that there is a moderate world-¦ under light pressure of liquida- wide recession. If it means that tion and nedging. Futures clos- the economic situation of India ed 15 to 60 cents lower. has taken a downturn, it is wrong. "Our industrial production is increasing from month to month, although we have not yet reached our interim targets."!

in spite Ho added that,

of balance of payments difficulties, India has no serious unemploy- mert or starvation problem as alleged by the Polish delegation, --Reuter.

INDIAN SHIP

LAUNCHED

29.07-10. October

27.23. Middling Spot. 32.21 nominal. Associated Press,

Notico To Consignees CONSIGNEES PER

STATES. STEAMSHIP

COMPANY

S.S. "CHARLES E. DANT””

the

Standard Brandls 20

Standard Oll of Calif. 65%

Standard Oil of N. J. G7% 23/4

Studebaker

Union Bag 24

Union Carbide 40

US Rubber 34%

US Steel 23%

US Lines 15%

Westinghouse 25

Youngstown Sheet & Tube 64 Gen. Pub. Utilities.14%

-Associated Press.

Notice To Consignees

Consignces Per STATES STEAMSHIP

COMPANY

5.9. "OREGON"

Bombay, August 9. Amid the chanting of hymns and the breaking of cocoanuts by priests in

Hindu a traditional custom, the 8,000-ton Julapru- kash,

third Kuan, the

Indian-built are hereby notified that their are hereby notified that their. launched cargo is being discharged into Cargo is being discharged Info Geoan-going ship, was

tho Hongkong & Kowloon Hongkong & Kowloon here today.

The Lounching ceremony was Whart & Godown Co's Godown Wharf & Godown Co's "godown performed by Dr. C. A. Heddy, where it will be at Consignees where it will be at Consignees Vice-Chancellor of Andhra risk and subject to the Wharf's risk and subject to the Whart's University. The Jalaprakash will terms and conditions of stor- terms and conditions of storage, sail on the India-Europe route, age, and where delivery may and where delivery may be -Router.

be obtained.

obtained.

Damaged packages are to be Damaged packages are to be EGYPT'S BUDGET

Cairo, August 9. left in the godowns for examl- left in the godoyens for exam- The Egyptian Senate tonight nation by consignees and Com-ination by Consignees and the endorsed the Clumber of Depu-pany's Surveyors, Messrs. Car- Company's Surveyors, Messrs.

les approval of a record State michael & Clarke at 10 a.m. Carmichael & Clarke

which has on the 10th August.

a.m, on August 10, budget, expenditure

been estimated at £187 million,

at 10

with General

including £52 million for the To comply with General To comply armed forces. The estimated Bonded Warehouse Regulations Bonded Warehouse Regulations defcit of £20 million will

be consignees must have a Re- Consignees must have a Re covered partly from reserves and venuc Offlor in attendance venue Officer in attendance Pertly by floating a new loan.

The Senate and the Chamber when damaged dutiable goods when damaged dutiable goods of Deputies have adjourned are examined.

Reuter

NEI Gulders were also higher NEW AIR ROUTE

at HK$34.20 a 100.

BRITISH COAL OUTPUT. DOWN

TO FAR EAST

New-Delhi, August. 9. India and Norway are to begin talks on an air sgreement here later this month.

No claim will be admitted after the goods have left the steamer's godown, and all goods remaining undelivered after the 11th August, 1849 will be sub- ject to rent.

against

:the

are, examined.

No claims will be admitted after the goods have left the steamer's godown, and all goods remaining undelivered after August 17, 1949, will be sub- .ject to rent,

Or

AMERICAN.

The Global Fleet

TO HONOLULU AND SAN FRANCISCO via JAPAN

...... AVE. pe

"President Cleveland" Are., Aug. 28 Ball "President Wilson" .............. Arr. ........... Sept. 18 Sall... Sept. 19 TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

*President Madison"... Arr. Aug. 13 "President Pierce"........

Art.......

Sept. 1

Bail. Aug. 14 Bait Sep. x

TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA

"Tresident Fillmoro“ "President Tyler".

Aug. 10

Ball ...AIT....... Aug. 10

Arr....... Sept. G Rall... Sept. 7 ROUND-THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, BUER

PORT SAID, ALEXANDRIA, NAPLES, MAKSEILLES,

GENOA, NEW YORK and BOSTON

JAY

Arr.

SOENGEI-GERONG

..... Ang. 17 Aug. 20

"President Buchapan" Arr.

Ball Aug. 16 "President farding"

Aug. 19 Sull ཐཱ ཙ, སྒྱུ མ ཐ ལྕ TO SOERABAJA, BATAVIA &

Aug. 20 Sall......

Aug. 21 Sept. 21 Sall...... Sept. 25

Tel. 22175/5.

Art. ......

"President Grant"

"President Johnson".... Arr.

Opposite Star Ferry.

BEN LINE

I

SINP

"BENCRUACUAN"

*"DENNEVIS"

"BENMACDHUT

"BENAVON"

FRANB

ARRIVALS

FROM

U.K. (Direct)

DUE

29th August.

Early Sept.

1st half Oct,

*BENALBANACHU.K. vla Singapore. End August.

Ist half Sept.

"BENWYVIS"

"BENLEDI" "BENVENUE"

SILIP {"BENREOCH"

"BENCRUACHAN" "BENMACDHUI” '8"IKENALBANACHT"

"BENNEVIS" "BENLEDI"

"BENVENUE"

*BENDORAN"

BENCLEUCH"

"BENAVON"

и ор

Jo

do

do

do

do

SAILINGS

TO

London, Antwerp, Rotterdam, Ham- burg & Einu.

do 2nd half Oct.

End October.

LOADING

23rd August. End August. 1st half Sept.

42nd half Sept.

Late Sept,

Late Oct.

do

Liverpool, Glasgow, 13th August. Dublin, Havre," 31st August. Antwerp, Rotterdam Mid Oct.

& HamburK.

1.

via Malaya, Colombo, Aden, Port Sudan and other way ports.

יי

Accepts.cargo for Japan,

Omits Hamburg, calls at Genoa & Leith.

Calls at Dar-es-Salaam.

Omits Hamburg, calls at Lelth.

For Further Particulars, Apply To-

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

York Building.

Telephone: TELEK,

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA"

27%

༈,",,

LOADING ABOUT 18th AUGUST

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG

AND COPENHAGEN,

Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD. "Quçen's Bldg, 2nd flour.

Tel. 34111 & 84112.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, In 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. BOUGAINVILLE Loading 20th Aug. .........・ ARRIVALS FROM PACÍFIC COAST

M.S. “SUNNYVILLEZ M.S. "FRANCISVILLE”

Sist Aug. 21st Sept.

All claims

All claims agbinst the sten-

..London, August 9.

Norway intends starting a For steamer must be presented to mar must be presented to ine balare: British coal production slumped stern air service, and is seeking the undersigned on or before Undersigned on last week to 2,580,700 tons, the landing facilities in India-Ron- the 17th August, 1948 or they August 22, 1840, or they will

Salling to Singapore, Fort Swettenbar Tquest: weekly tolal for a year. Jer.

will not be recognised."

not be recognized.

Ferring, Belawan & Batavia es but the

week included a national holiday

No fire insurance will be M.S. “SUNNYVILLEZ Output was 121,200 tops less

effected. ihan the previotia:work, abcording to the Ministry DEFLO ▾ and Power,Despite. Va big cavanoria)

Ministry, weld that the soulpit, nó The this year 118,408,7002 tous

·SHELL FINED

Buenos Aires August 9 The Brish oil company, Shell Max (Argentinay Landted, was

No Fire Insurance will be affected...

~DODWELL & CO., LTD.

£140.

175.000) tray Presidential de Hong Kong, Au creo for an alleged violation of

is more then 3,000,000 Coed÷Eigher the excfiárigu than in 1948-Reute

DODWEEL & co

Hong Kong mu

Au

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