Perc 14
ROYAL
INTEROCEAN
LINES
JAVA PORTS and MACASSAR
"TJIBADAK"
*TJTTJALENKA”
SAILINGS ARRIVALS
.15th Oct.
13th Oct. .40th Oct.
28th Oct.
MANILA
-BOISSEVAIN"
SAILINGS
5th Nov.
ARRIVALS
23rd Oct.
"STRAAT SOENDA”
.30th Nov.
TEGELBERG"
28th Dec.
18th Nov.
25th Jan.
“TJIKAMPEK”*
8th Dec.
* No passenger accommodation available.
SINGAPORE, PENANG and BELAWAN DELI
"VAN HEUTSZ”
VAN HEUTSZ”
SAILINGS
19th Oct. .16th Nov.
EAST & SOUTH AFRICA & SOUTH
ARRIVALS
14th Oct. 13th Nov.
AMERICA
ARRIVALS
SAILINGS
"BOISSEVAIN"
Sth Nov.
"STRAAT SOENDA"
30th Nov.
"TEGELBERG"
26th Dec.
23rd Oct. 15th Nov.
“TJIKAMPEKTM*
25th Jan.
Sth Dec.
Calling at Mombasa & L. Marques direct Transhipment cargo accepted on through B's/L to
- Dar-Es-Salaam and Zanzibar,
* No passenger accommodation available.
- JAPAN
SAILINGS
ARRIVALS
"STRAAT SOENDA"
24th Oct.
3rd Nov.
TEGELBERG”
20th Nov.
2nd Dec.
10th Dec.
21st Dec.
TJIKAMPEK ̈*
* No passenger accommodation available.
Agents: HOLLAND—EAST ASIA LINE
EUROPE via MANILA and MALAYA
"MOLENKERK”
SAILINGS
..14th Nov.
AREIVALS
19th Oct
Transhipment cargo accepted on through B's/L to India, Mediterranean and Northern European ports.
"MOLENKERK”
-JAPAN-
SAILINGS
23rd Oct.
ARRIVALS
13th Nov.
KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82, Cónsavory Pa.C. Teis: 31196-25133
DE LA
RAMA LINES
ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
3.5. "DONA AURORA” m.v. "DONA NATI
.18th Oct. ...Early Nov.
SAILING FOR U.S. ATLANTIC COAST.. VIA SAN FRANCISCO & LOS ANGELES
5. "DONA AURORA” ..(Calls Japan)
m.v. "DONA NATI".....(Calls Japan)
Early Nov. ..Late Nov.
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
MARINA HOUSE Tals, 23676--22675
CHINESE SHIPPING OFFICE Tels. 23738-20153
MACAU
WEEKEND TRIPS BY
CHINA NAVIGATION COMPANY'S
M. V. "WUSUEH"
Leaving Hong Kong 2 pim. every Saturday Leaving Maçao 1.00 p.m. every Sunday
RETURN SALOON FARE Including overnight stay on board
HK$40
For Reservations Apply :-
BUTTERFIELD @ SWIRE
1. Connaught Rd.. Central. Tel. 30331/8 - Chater Rd. Cable and Wireless Bldg 27160 caint
THE CHINA MAIL, THURSDAY, OCTOBER 13, 1949,
FINANCE
AND
COMMERCE
U.S. ECONOMIC AID FOR ASIA NEEDED
Hong Kong Stock Exchange
The Market remains unchanged.
HE, GOVT, LOANS
Je Lean -176 la m ING Lona (1934 & 1944) 1005. Cha Lown (2008) 100b
BASKE
K. & S. Dark_1453, 1360x6
Then, Bay) £$T. Chartered Bank 1 1/160. Mercantile Bank A, 4-8. £9 in. Dank of Bart Acia 1950.
INSURANCES
Castor Inx, Sita. Union Ins. Mesz
China Underwriters in. ILK, Fire Inx, 21fb.
SHIPPING
Dougian.
K. & M. Steamboats in. Indo Chinas (Pyada salon,
Får Braces -
Union Waterboat.
Asia Nav. Th
DOCKS, WEARYÉS, GODOWNS. Ete. H. K. Whores 19. North Point Wharves flyt. Saschal Hongkor Wharves lín. JLK. Docka 1551, 152 China Providenta ijtim Shanghai. Dackyards 6.
MINING
Haob Mines bith
Hr. Miner 11;n.
LANDS, HOTELS & BLDGS. HS. Hotel 14.10.
HK Landy 55,
Shanghai Lande 18b.
Humphreys,
H.K. Realties [Jôn, Chinese Estates 100%
PUBLIC UTILITIES HK, Tamways - 15.10a. Trak Trauwgs (Old) 180.
<New) 10n.
Sixt Ferrien $4.
C. Light 10:45 138, 10.köst. (New) 76cb, 7.Star. H.K. Evetics 29. Macau Electrica Z17-M, Sandakan Lights 2. Telephones 19. Shanghai Gax
INDUSTRIALS
Cald. Maer. (Ded.) 25.60x. Canton Jer
Cements 19.17
ILK. Luper 123b.
STORES, Luc. Dairy Farm 17. Watsona Xib, 102 L. Crawford 160. Sincere X.D. £475. Chana Emporium sa. Sun Co., Ltd, maku. Kwento ang Hong 10. Wing on H.K. ZA Wm. Powell LIL 14.
MISCELLANEOUS
China Entertainmrota ien.
HK Constructions (0) 2.34.
(New) 2.
Vat. Pilings 15"
Marsman Invraimenia 9/en. Maraman (KK) Shanghai Loan 1,232. Yanglazes in.
Zen 4.
COTTONS
RUBBERS, EL, COMPANIES
Almin Exten 140. Aark-Dutch km. 'Anglo-Javas in. Esty Adams John.
Bute Plantations n.
Cheer United · 425.
Cheng Rubberá 25m Consolidated Rubbers in. Dominior-Eubbers tei Lanckats in. Beph Rubbers Sta Rubber Trusts 20, Semakan Rubbers In Semcmbu. Rubbers „Zần. Shanghai KM 1. Shanghai-Malays 120. Shuncha! Sunstràs In. Sungei Darin '13 tim, Tatas Merts "Ejn.' Iront Herbin :9n. Zing
Rubbers 11"
Money Market
US dollars were quiet yesterday and remained it more or less the
London, Octabet 11.
American economic aid for Asia was urged in London today by Sir Jeremy Raisman, former Finance Minister of India, and now VicE Chairman of Lloyd's Bank, London.
The balance of political forces in Western Europe,
New York Stock Exchange
New York, October 11. Industrial demand for railroads stocks set of a rally today that
carried the market to another new high for the year. Gains he told the East India Association, was power-ranked to more than three dollars. fully affected by the courageous decision of and other sections followed
Motors and oils joined the the United States to embark on the European "Recovery Programme.
"The situation in Asia today," he added, "calls for a correspond- ing measure of statesmanship if i firm foundation is to be laid for an approach to such a balance of world forces as will ensure the prospects of peace
"There can be no doubt of the art which the Indian sub-com- tacat
could play in such a pro- gramme, and its •preservation from economic disruption and chaos must be one of the first priorities to the political strategy of the Westin world.”
Dealing with devaluation, Sir Jeremy Raisman said that the abrupt change in the relative valles of the Pakistan and Indian rupeis was bound to cause con- siderable embarrassment to the frade between the two countries. In addition to jüte and cotton, a myriad other economie links must be gravely jarred, if not disrupted,
would all the stresses by any means fined to the Indian side-··
What all of us must whole. heartedly regret is that this latest development has raised yet di- other barrier to the friendly inter course betw tries. Sir Jeremy continued
"Whatever the Justification for the different policies pursued, it can only be regarded as fragie!
so contentious
Yugoslavia
Buys From IME
Washington, October 12. The Tritëmmatioṇāl Monetárý Fund anncumed today that Yugoslavia had purchased US$3,000,000 from the Fund,
exchange for Yugoslav dinara
in
The purchase, in effect, amounts to a loan from the Fund, it was understood here,
Yugoslavia was one of the signatories of the Interna. tional Monetary Fund agree. ment
reached in December, 1945.
The Yugoslav withdrawal of dollars from the MonetCY Fund follows alɗ ́given by United Stater Govern. ment's-Export-Imbert-Bank- ander a $20,000.000 18än zn. mounted in September.
the be coa
the two cout-
an issue
that should have arisen at this stage.
Not Too Late
Officials Here Wald that Yugoslavia's need for dollars the probably resulted from shift Her foreign trade from East to West czuted by her dispute with the Comin. form countries-Reuter.
the Sterling Area, nothing could have been more effective than
Unique Chance
"if the time has passëd for, some provision to enable hér fo) a friendly consultation regard meet the requirements of such _ing the rates of exchange it is countries as India_It might well still not too late for discoxalans have been a great economy in Setween India and Pakistan raf dollars it the statesmen
con- regard to the prices of the main¦ cerned had had the vision and commodities which enter into the courage to tackle these difi- their trade exchanges.
eutlies at an earlier stage. "It is clear that unless same #greed basis can be achieved for the supply of raw jute from Pakistan to Indian industry there! will be an intensification of Gov- cinment measures and counter | measures which will tend in the end to stifle all natural economic activity to the detriment of both countries,
"So much has already been done by the United States to help the rest of the world that' one must needs be digident in making further suggestions. Nevertheless, this does seem to provide a unique opportunity! for achieving several "alms aft
once.
"in addition to its dificulties
"The sharing of this burden with Pakistan, there are signs would clearly provide enormous that the shock of devaluation has relief for the United Kingdom, brought India fate to face with while at the same time it would the grim redities of her econo-
mic position.
1.137 issues were
mb the greatest number inj
Lour months, 109
sark to a new new highs. One es reached
Transfers, 1,568,000.
AMERICAN. PRESIDENT LINES
The Global Fleet.
TO HONOLULU & SAN FRANCISCO
*Président Cleveland”
"President Wilson" "General Gordon”
via JAPAN
Arr. Oct. 15 Arr. Nov, 2 Arr. Nov.
Sails Oct. 16
Salls Nav. 3 Sails Nov.
TO SAN FRANCISCO & LOS ANGELES
*President Madison" "President Pitice"
via JAPAN
...Arr. Oct. 26
Sails Oct. 27
Arr. Nov. 8 Sails Nov. 9
TO NEW YORK, BALTIMORE & BOSTON 'via PACIFIC COAST & PANAMA
**Marine Snapper".
"President Johnson"
Arr. Oct. 30 Salls Oct. 31 Art, Nov. 29 Sails Nov. 30
ROUND THE WORLD
Skelly Oil jumped 4-1 at 115-
Nickel Plate at 3-4 NOVIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ,
thern Pacine at 18-44, Allied Chemical 1 at 191, Philps Dodge 1- at 43-4.
Dow Jones averages: Stacks 56.96. 20 Industrials 186.74. 15 Rails 49.77. 10 Utiles 38.02
Closing quotations: Adains Express Alaska Jinemi 33 Americm Can 974
American
Amctican
47
149%
Acan Tobacco 734 America aterworks
Americah
54
10
Ascarida Copper 2814- Aviation Carp Baldwin LOCA Barnsdall Bendix Aviation 32 Bethlehem Steel 29 Aiteraft 21
Pannier Co. 4822
Canadian Pacific 14 3. I. Case
Colg
4144
Commercial Solvents 17 Com Products $4 Du Pont
541/4
Eastman Kodak 43% General Electric 375% General Motors 65%
Goodrich 623
Goodyear
fiomestake 3ilning 46 International Haryester 27% International Tel & ́ Tèl 9 Johns Manville 42% Kennerott Copper 47% Montgomery Ward 52 National Distillers 21 National Lead 33 New York Central, 107, Packard Motors 33% Pan American Airways 9 Pennsylvania RR 14 Radio Co
Corp. 124 Teal Silk
112 Eeminington Rand:10% Republic Steel. 21 Reynolds Tobacco 39%
2014 Schenley
Shell Oil
Secary Vacuum 16% Southern Pacific 444 Standard Brands 22 Standard Oil of Calif, 69 Standard Oil of N. J. 1254 Studebaker
Untori Bag
Union Carbide 40%
goods
for the provisión of capital for the much-needed
US Rubber 32
US Steel 2415
US Lices 15%
tries.*
"In India's case a refusal to development of backward coun- devalne could only have
been accompanied by internal measures would provide access for of a kind so drastic that no American producers to markets popularly
elected Government from which they are at present could conceivably embark upon excluded, to a large extent, by them. This is true to some extent the shortage of dollars.
of Britain, but it applics with
Even greater force to India,
the
In the short term, something be done, to relieve could low productivity, high appalling effect on India's ex- tack of savings and all ternal position of the necessity, the other symptoms of a deep to import food from the Westers seated infation were more -hemisphere. If
something of this nounced.
kind eventually emerged from "The dilemma posed for India the studies, embarked upon was indeed. cruel one, and, Washington, since it now
it night compen- appears that the sate the peoples of the Indian had only two day's warning of sub-continent the British decision, it is not pointments and stimulate a new many disap- surprising that, like certain Eur-and more vigorous approach to peur countries, she should enter the formidable tasks which still tain some resentment at the fact them action of the United Kingdom Government
4
"It has often- seemed that or all forms of ald Which the United States could have render- ed to Britain, and through her to
Peuter.
Notice To Consignees
S.S. "TAIPING" Arrived 9/16/49,
same level as the previous day Notice To Consignees Darmaged Cargo ex this vessel
The
obening rate was H36.02,
and after going ce to $6.031⁄21⁄2 ¡t closed at $6.022
TT was put through from HKS- 6.01% to $.04%.
€5.
Sterling was hither at HK$15 -
Australian pounds went as to HK$11.70.
Piastres remained nominal at HK$11.70° at 100.
CIE DES MESSAGERIES
MARITIMES ́·
Consignees per Company's
A "BREST
are hereby noticed that their cargo, in
Ticals were unchanged at HK3-belagdickarged into the Bens, Kens 27 100.
AZT Guilders were stationery at HK$25 a 100
* Kowloon Wharf Gedema Co.'s
where it will be at Caltakene
Tisk and fict to the WRAPT's: Lerns and emitium of storage, and” where deliti intre obtained in, woon",us the
LONDON STOCKS A
Damaged parksges - nis to be left in the Geduwas for exemíastion- kỵ Car and the Company's + mavezeti, Goddard &. Dongles 1 I 136.
London, October 11 Buying by investors who ex- pect a general, électior soon on Friday, 11th October İsİy, - boosted British industrial stocks; today. Brokers said buyers were gambling soft, defeat of Labour Government and relaxa
comply with the Genees Bonded
A warabowe Regulations Coolzmoos muitas
the
tion of controls over dustry aminod. Gains in the industrial lat were Were
Westinghouse 27%
รี
Youngstown Street & Tube 68 Gen. Pub. Uilities 15%
-Associated Press.
NY RUBBER
New York, October 11. Rubber closed 2 to 5 lower. Sales 12 contracts.
Desember 15.09.
March 15.68
May: 15.40
Ribbed smoked sheets. 10 nominal-Associated Press.
FORT SAM, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON
"President Polt"
"Mount Davis"
....Arr. Oct. 20 .........Ari. Nov. 1
Sails Oct. 21 Sails Nov. 2
TO JAVÀ & STRAITS
"President Johnson
Opposite Star Ferry
Arr. Oct. 21. Sälls Oct. 22
Tel. 28172/5.
BEN LINE
ARRIVALS
FROM
UK vla Singapore
Japan
In Port
DUE
SHIP
"BENAVON"
*BENNEVIS" *“BENWYVIS”
*BENVENUE"
13th Oct.
UK via Singapore
17th Oct.
do
27th Oct.
-do
31st Oct.
do
19th Nov.
do
21st Nov.
do
28th Nov.
do
10th Dec.
SAILINGS
"BENLEDI” "BENLAWERS" "BENRINNES” "BENARTY" "BENVORLICH”
SHIP [“BENAVON"
CHENVENUE"
BENLEDI "BENLAWERS'
§ BENNEVIS" "BENARTY”
“BENWYVIS"
"BENRINNES"
..
TO
London, Antwerp, Rotterdam, Ham-
burg & Hull
LOADING K/Wharf 30th Oct.
5th Nov.
23rd Nov.
20th Dec.
Liverpool. Glasgow, 14th Oct. Dublin, Havre, Ant- werp, Rotterdam & Hamburg
Liverpool, Glasgow, Dublin, Hull
Havre
&
7th Nov.
Genoa, London Leith
25th Nov,
via Malaya, Colombo, Aden, Port Sudan & other way porta
* Accepts cargo for Japan.
Omits Hamburg, calls at Genoa.
Omits Hamburg, calls at Leith.
Calls at Genoa.“
For Further Particulars. Apply To- W. R. LOXLEY & CO. (CHINA) LTD, Agents
York Building.
Telephone: 34165.
Notice To Consignees THE EAST ASIATIC CO., LTD.
CONSIGNEES PER BARBER WILHELMSEN
LINE
M.S. "TARIEA”
are hereby notified that their cargo is being discharged into the Hong Kong & Kowloon Wharf & Godown Co's godown risk and subject to the Wharfs where it will be at consignes will be "surveyed by Messrs. terms and conditions of storage, Goddard & Douglas at Hong-and where delivery may be kong and Kowloon Wharf & obtained Godown from 10a.m. on the 13th and 14th October, 1849 and consignees representatives are requested to be present during survey
BUTTERFIELD & SWIRE, Agents Australian Oriental Line Ltd, China Navigation Co., Ltd.
Notice To Consignees
Damaged packages are to be left in the godowns for ex- amination By Consignees and the Company's surveyors, Messrs. Goddard & Douglas at 10 am on the 14th October, 1949.40
To comply with the General Bonded Warehouse Regula tiora, consignees must have `a Revenue Officer in attendance when damaged diftiable goods are examined.
No claims will be admitted after the goods have Telt the
M.S. "KAMBODIA”.
LOADING ABOUT 12th NOVEMBER for
ADAN, PORT SAID, ALEXANDELA,, ANTWERP, BOTTERDAM, HAMBURG," OSLO,
GOTHENBURG & CÓPENHAGEN..........
Tenks available for the carriage "of oil in bulk.
THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd floor.
Tel 34111 & 34112,
KLAVENESS LINE
SAILINGS
ARRIVALS FROM PACIFIC COASTE
8.5. "CHANGEE
Direct to Los Angeles, in 16 days Thence Arrived, October 10, 1949.
San Francisco, Vancouver, Seattle & Portland
29th Oct Kivá • Revenda Officer is altendance vessel will be surveyed by after the 15th October;: 1949
Damaged cargo ex this teamer's godowns, and all M.S. "FRANCISVILLE" when damaged entiable goods.
goods remaining undelivered. Messrs. Goddard & Douglas at No. 3 Godown from 10 am Hongkong & Kowloon What will be subject to rent.
M.S, "CASTLEVILLE? All claims. against the M.S. "BOUGAINVILLE" consignees representatives are the Undersigned on or before requested to be present during the 22nd October, 1849 or they survey.
will not be recognised.
No Fire Insurance will be sffected.
small, but widespread aber wil be admitte ühe the British Government bonds slip-ons have "left the gismer's gotown ped for the second-straight day, all gods remaining to salervul on October 14 and 15, and steamer must be presented to
Financial Times index 106, UP.
after the 16th October 1943 will be subject
6-Associated Press.
US HOLIDAY
New York, October 11, Finantial ant commuely, mar- keis throlight the United States Wednesday,
will be cibed. ERIE 1923,
October-12. 'It is
All claims against, thể steamer must {he premated to the undrísiegel, on at been "the_176" Noveller, 1969 "wp__they
• Will not be rODENÍNUS,
“No Fire Insurance „Wit be clacial.
CIE DES MESSAGERIES.
the anniversary of the discovery Hany Kang, Oct. 10, 1949. cf America by Christopher
Columbus—Associated Prest
BUTTERFIELD & SWIRE,
Agents,
Australian Oriental-Line-
Ltd.
China Navigatio Co.,
DODWELL & CO., LTD.
Agents
Hong Kong, October 5, 1949
21st Oct.
21st Nov.
Sailing to Singapore, Port Swettenham, Penang, Belawan & Batavia.
M.S. "CASTLEVILLE”
Passenger. Accommodation
Chinese Freight Agents, HOO FOOK PING
King's Buliding" -Tel. 77792,
22nd Oct.
Bülk Oil Tanka
Apply
THE BANK LINE (CHINA) LTD.. ~BANK LINE (China)