ROYAL
E INTEROCEAN
LINES ||
JAVA PORTS and MACASSAR
SAILINGS
ARRIVALS
15th Nov. . 10th Nov. 3rd Dec.
29th Nov.
ARRIVALS
"TJIBADAK"
**TJITJALENGKA”
MANILA
SAILINGS
"BOLSSEVAIN"
10th Nov.
"STRAAT SOENDA"
30th Nov.
"TEGELBERG”
28th Dee
"TJIKAMPEK”*
25th Jan.
8th Dec.
13th Nov.
* No passenger accommodation available.
SINGAPORE, PENANG and BELAWAN DELI
"VAN HEUTSZ”
SAILINGS
17th Nov. 3rd Dec.
"TJITJALENGKA”*
* Calling Singapore only.
EAST & SOUTH AFRICA & SOUTH
"BOISSEVAIN”
"STRAAT SOENDA"
"TEGELBERG"
"TJIKAMPEK”*
ARRIVALS
12th Nov. 29th Nov.
SAILINGS
AMERICA ARRIVALS
10th Nov.
47
30th Nov.
28th Dec. 25th Jan.
13th Nov. 8th Dee
Calling at Mombasa & L. Marques direct. Transhipment cargo accepted on through B's/L ta
Dar-Es-Salaam and Zanzibar.
* No passenger accommodation available.
JAPAN
SAILINGS
ARRIVALS
*STRAAT SOENDA"
.9th Nov.
24th Nov.
*TEGELBERG"
14th Nov
24th Nov.
TJIKAMPEK**
10th Dec.
21st Dec.
13th Dec.
**TEGELBERG”
24th Dec.
* No passenger accommodation available.
Agents: HOLLAND-EAST ASIA LINE
EUROPE via MANILA and MALAYA.
“MOLENKERK"
"MEERKERK"
SAILINGS
9th Nov. .Early Dec.
ARRIVALS
13th Nov.
Transhipment cargo accepted on through B's/L to India,
Mediterranean and Northern European ports.
"MOLENKERK”
"MEERKERK"
JAPAN
SAILINGS
ARRIVALS
..19th Nov.
Sth Nov. Early Dee.
KING'S BUILDING: TELS: 28015 to 28017 CHINEES AGENts: 82. Connaught RD. C. Tris: 31196-25133
DE LA
RAMA LINES
ARRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. DONA NATI”
m.v. "TONGHAI”
7th Nov.
..Late Nov.
SAILING FOR US. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES
m.v. "DONA NATI” .....(Calls Japan)
.Late Nov.
THE DE LA RAMA STEAMSHIP CO., INC.~
[Incorporated in the Philippines)
MARINA HOUER Tels. 23878-22STE
NOTICE TO CONSIGNEES Consignées Per
STATES STEAMSHIP COMPANY
$.5. "OREGON"
CHINESE SHIPPING OFFICE Tela Zár*8-2915%
NOTICE TO CONSIGNEES
CONSIGNEES. PER STATES STEAMSHIP COMPANY
S.S. "ABIZONA"
are hereby notified that their are hereby notified that their cargo is being discharged into cargo is being discharged into :the Hongkong & Kowloon the Hong Kong & Kowloon Wharf & Godown Co's godown Wharf & Godown Co's godown where it will be at Consignees where it will be at consignees risk and subject to the Whar's risk and subject to the Wharf's terms and conditions of storage, terms and conditions of storage, and where delivery may be and where delivery may be obtained.
obtained.
2.1 on
1949
venue
THE CHINA "MAIL FRIDAY, NOVEMBER - 4,-1949,
FINANCE AND
COMMERCE
EUROPEAN NATIONS' NEW TRADE CHARTER
New York Stock Exchange
New York, November 2 Strenger hopes for labour peace helped lift the stock market to a 12-month- high today.
Key issues rose fractions to around a point Steels, motors. Tails places in the advance.
Paris, November 2.
The 18-nation Council of the Organisation for European Economic Recovery today adopted a European trade' charter with the aim of abolishing before December 15 trade quotas on at least half of their total, imports on private account.
.
The ultimate aim of the plan is to form a single:
large market in Europe in which goods and services could move freely. Originally inspired by the British Chancellor of the Ex- chequer, Sir Stafford Cripps, it was drawn up by him in consultation with the French
and oils held prominent and Belgian Foreign Minis
Trading volume approached the year's peak and 1,570,000 shares changed bands. Buying in-! terest slowed late in the session.
ters. M. Robert Schuman and M. Paul Van Zeeland, work- ing with Mr. Paul Hoffman, Marshall Plan Administrator.
The plan deals with the freeing Wall Street is particularly of trade, intra-European pay- pleased with the improvement in ments, dual prices, closer conn- rails. which normally ag behind mic co-operation, manpower and other stocks, Contrary to the feneral points. rail
Chesapeake advance, Chic lost hitting a new low for the year at 27-
and
Airlines were uniformly lower including Pan American, United TWA, American and Eastern
Dow Jones averages: Stocks 15 62.22. 20 Industriali 19296. Rails 48.85.
+
Closing quotations
''
Adams Express 22 Alaska Juneau 1 American Can 99 American Smelting 49% American Telephone 145 American Tobacco 7434 Aman Waterworks & American Anaconda Copper 20% Aviation Corp.
54 Baldwin Locomotive 104 Bernsdall 522 Bendix Aviation 34 Bethlehem Steel 31 Boeing Aircraft 23 Borden Ct. 47 Canadian Pacific 14 J. L Case 43 Chrysler 68% Colgate $2 Commercial Solvents 17 Com Products
Du Pont Se
Kodak 44% General Electric
Motors 60%
Селега
Goodrich 58% Goodyear 41 Homestake Mining 50 International Harvester 28% International Paper 657s International Tel & Tel 9 Jons Manville 44 Kenne
Copper 40
Montgomery Ward 52 National Distillers 21 National Lead 35 New York Centrai 10% Packard Motors 4
Pan American Airways 8 Pennsylvania RR 14 Radio Corp. 12% Remington Rand 11% Republic Steel 226 Reynolds Tobacco 30 Schenley 28
Sears Roebuck 43% Shell Oil 39% Socony Vacuum 174 Southern Pacific 452
Stang
ን
Standard Brands 221⁄2 Standard OU of Calif. 681 Standard Oil of NJ, 74%
Studebaker 24%
Union Carbide 40%
Union Bag 27
US Rubber 35
US Steel 25
US Lines 16
Westinghouse 28
1
After its adoption Mr. Hoffman declared, "The manner in which the resolutions adopted tonight. will be implemented will be de- cisive in Europe's history for the next century."
Under the new plan-an econo- for Europe--the mic charter Council decided:
(1) That member countries should "adopt the objectives of abolishing before December 15 trade quotes on at least 50 per cent of their total imperis one private
from account
other in food participants,
and materials raw
feeding-stuffs,
and manufactured goods”.
Key Words
if
any
member
Bankers Back Continuation Of Gold Rate
San Francisco, November 2
The American Bankera” Az- sociation adopted a resolution today advocating continustion of the present cold price of $35 an
of
**The
an ounce. *The resolution said: American doll
dollar is the an chor now for the currencies of the world. The value of the dollar should be firmly maintained by continuing the $35 to an relationship ounce of gold. For 15
years, this fixed price has for
furnish. ed a basis for the currencies It would be of the world. unwise and dangerous to make any change in this re- fationship. Any Increase in the gold price would fan the fires of infizion both here 2nd abroad. Associated Prest
Hong Kong Stock Exchange
The Market remains steady, but is on the quiet side.
H.K. Govt. Loans 4 Loan 100,
34% Loan (1934 & 1940) 100h. 31% Loan (1968) 100m
Bank
HK. & S. Bank 14:05, 1495s,
14903
HK & S. Bank
(Lon Rec)
£85 Chartered Bank £9/13/160, Mercantile Bk. A. & B. £23 7/811. Bank of East Asia 108b.
insurances
Canton Ins. 305n. Union Ins6703, 690s. China Underwriters Sin H.K. Fire Ins. 215.
Shipping
Douglases 2001.
HK. & M. Steamboats 11n. Indo Chinas (Pref.) 89in. Indo Chinas (Det.) 200 Shells (Bearer) 58/101⁄2. U. Waterboats 271, Asia Nav. 75b.
Docks,
eks, Wharver, Godawng, Etc H.S. & K. Wharves 1080. North Point Wharves 5in.
Sh. Hongkew Wharves 10. HK. Docks 18b, 1935, 182sa. China Providents
1252.
11b, 12204
Shanghai Dockyards 8.40b, 93. Wheelocks 31b, 3250.
Mining Raub Mines 65. HK. Mines 01}n
Lands, Hotels & Bldgs.
H. & S. Hotels 11b, 11:80,
11.70sa
HK Bands 501b. 52js.
Shanghai Lands 2.40 Humphreys 11.
H. K. Realtres 2b.
Chinese Estates 1400.
few: may
HK
Public Utilities Tram Tramways
16.30b, 16.70s,
16.405a.
you will take in the next months, are actions that very well infuence the course of History in the next century. (2) That
"Europe either starts back on country considers the action of the
a position of way toward another is being frustrated by tariff or domestic
arrangements Seat strength, in which free in- stitutions will be very secure or Ikely to restrict the capacity of if there is a failure to act, or private importers obtain freed
actions of the wrong kind are goods, it may ask the Organisa
taken—I do not think I am exag- Lion to cecide whether the goods rerating when I say that we may affected should be courted
have a new kind of dark age in wards the 50 per cent proportion the world.” - prescribed.
For his "last word". Mr. How-
Peak Trams (Old) 18n. Peak Trans (New) 91a.
. Star Ferries 90b. C. Lights (Old) 12.60b, 12.601,
1270/20/70sa C. Lights (New) 9,60b, 105, 9.70/-
80/70sa.
H.K. Electrics 321, 323sa. Macao Electrics 21b, 22is, Zima. Sandakan Lights 8. Telephones 195, 20s, Lisa. Shanghai Gas in.
Industrials
It also recognised that the need man repeated what he said Pre- Cald. Macg. (Ord) 25.600, might arise for Governments to sident Truman had said in bis Canton Ices 35m compare their financial, economic last conversation with him, "1 Cements 223b, 235, -22āsa, 'social tarik and investment would like to have, you make it HK. Ropes 15.706, 16sa.
policies in order to achieve "such very clear to all our friends in
Stores, Etc. harmonisation .as may appear Europe that all we desire is a Dairy Farms 426, 435. necessary for arriving at closer strong
prosperous Europe in Watsons 465, 45152 economic and monetary associa= | which free institutions
will. Crawfords 181b. tion".
Sinceres 4.400 Bourish"-Reuter.
China Emporium 8.20b. Sum Co., Ltd. 2.85n. Kwang Sang Hong 9an, Wing On (HK.) 21. Wm. Powell, Ltd.
Ltd. 9in Miscellaneous yesterday China Entertainments 14
Three key words in the first point of the Council's plan for itting trade quotas on imports are the words "or private ac count".
In the case of Britain, 44 per cent. of the total importing from
OEEC countries. is carried out officially and the remaining 56 per cent through ordinary cr private channels. Of this 36 per cent, 38 per cent is already freed from quota restrictions.
The
"Economic
Cabine!** of Europe's Marshall Aid Organisa tion consisis. of representatives of Britain, France, Italy, Greece, Portugal. Norway and the Nether- lands meeting under the Chair- manship of the Belgian Foreign Minister, M. Paul Van Zeeland.
Terrible Urgency
Money Market
US dollars oper.ed
at HK$6.02, dropped to $6.01% HK: Constructions (0) 220b.
and closed at 38.04.
TT opened at HE$6.09 and closed at $6.09).
H.K. Constructions (N) -L1Gb.
"Pilings 150 Vibro Maranan, Investments Marsmay
Sterling dropped to HK$15.30, lszes
but Australlari pounds were un- changed at HK$12.10.
Piastres were again nominal at HK$11.90 a 100.
Ticals at, HK$27 a 100 were unchanged, as also
were NEI Guilders at HK$23.50 à 100,
BRITISH JET EXPORTS
London, November 2.
Loan, 1.800. 2.4.0
Cottons
Ewas 61b, 61x3.
Rubber, Etc Companies Alma Estates 14-n Anglo-Dutch 30, Anglo-Javas in. Batu Anams 40n. Bute Plantations 1s. Chemor United 40m. Cheng Rubbers 2011. Consolidated Rubbers in. Dominion Rubbers In. Mr. Hofman, who attended the 10 meetings
Langkats in. of the OBEC
The Afr Minister, Mr. Arthur Repah Rubbers, 30%. Council, addrésed the Ministers Henderson, told the House of Rubber Trusts Sa as follows,
Commons today that the export of Samara Rubbers $50.
Samagaga "All of us feel an almost ter- British jet fighters had not limit-Semambu Rubbers 25n, 68rible sense of urgency zboat ed the supply to British squad Shanghai Kedabs 11b.
getting under way - with
Shanghai-Malays '12.-n. lask. With some hesitation I say Mr. Patrick Donner, Conserva- Shanghai Sumatras in, this, but with all sincerity that tive, had asked why these planes Sungei Duris 133 the actices which you are con-were being exported while Bri-Tanah Merahs 60 templating, and which we hope tish pilots in the event of a war Tebong Rubbers: 40.
would be expected to fight in Ziangbe Rubbers In "out-of-date planes."
Youngstown 'Sheet &Tube Gen. Pub. Uulitles 15%
-Associated Press.
NOTICE TO CONSIGNEES
S.Si “BOOLONGENA" Having arrived Hong Kong consignees of cargo are hereby notified that all goods have been landed and placed at their risk |
All
broken,
this rons.
NOTICE TO CONSIGNEES
vey.
·BUTTERFIELD
& SWIRE, Agents.
Mr. Henderson had earlier stated that according to
present
plans all the fighter squadrons of LONDON STOCKS
the regular Air Force and 35 per cent of the auxiliary squadrons. would be equipped with jet figh- ters by the end of this year, and all the auxiliary squadrons by early 1951--Reuter.
INDIES TRADE OFFER
Sydney, November 2.
Londen, November 2 Government bonds led the way) for steady, quiet trading on the today: London Stock Exchange But averages slipped slightly. All issues on the international list advanced. There were scattered -in Industrials. Gold' mines, gains rubbers and oils were steady to higher.
off 2-Associated Press.
M.V. "CYCLOPS”-
Darnaged cargo ex this vessel and expense into the godowns will be surveyed at Holt's Damaged packages are to be Damaged packages are to be of China Provident I. & M. Wharf between 10 am. and left in the godowns for exam- left in the godowns for ex- Ltd, where delivery, may be noon on November 4 and 5 ination by Consignees and the amination by Consignees and obtained as soon as the goods 1949, and consignees are re- Company's Surveyors, Messrs the Company's surveyors, are landed.
quested to have their represen- Carmichael & Clarke at 10 Messrs. Carmichael & Clarke the 3rd November, at 10 am on November 7,
No claims will be admitted tatives present during the sur- 1949.
after the gods have left the godowns or failure to attend To comply with General
To comply with the General the survey. Bonded Warehouse Regulations Bonded Warehouse Regula- Consignces must have a Re- tiots, consignees must have a damaged goods are to be left Hong Kong, November 3, 1949,
chafed and Officer in attendance Revenue Officer in attendance in the godown where they will when damaged dutiable goods when damaged dutiable goods be examined in the presence of are examined.
are examined.
Messrs. Goddard and Douglas |", No claims will be admitted
No claims will be admitted on November 9, 1949, at 10
New York, November 2 after the goods have left the after the goods have left the am
Crude rubber closed 10 to 18 steamer's godown, and all goods steamer's godowns, and all To comply with the General
after goods remaining undelivered Bonded Warehouse.
M.Y. “TELEMACHUS prices so high that they were out higher. Soles 128 contracia.
· December
18.50 -61. the 4th November, 1949 will be after November 8, 1949 will be tions, consignees must have a Regula-
March
16.40. subject to rente...
16.20. May subject to rent"
Damaged cargo ex this vessel Revenue Officer in attendance{·
July
16.00 nominal. All claims against the stea- All claims ugainst
Ribbed sheets 16.1/2 nominal the when examining damaged duti will be surveyed by Messrs. Goddard-& Douglas at Holt's mer must be presented to the steamer must be presented to able goods All claims against Wharf from 10 am on Novem-
-Associated Press. Undersigned an or before the Undersigned on or before the vessel must be presented to the 11th November, 1949 or November 15, 1949 or they the Undersigned within four-ber 4, 1948, and consignees are they will not be recognised will not be recognised:
teen-days of the ship's arrival, requested to have their repre- be No Fire Insurance will be
or they will not be recognised sentatives present during the No fire insurance will be effected:
effected
remaining undelivered
DODWELL & CO., LTD. Agents.
DODWELL & CO., LTD.
Agents.
Hong Kong, October 29, 1943, Hong Kong, November 1, 1949.
No fire Insurance will be effected
NOTICE TO CONSIGNEES.
survey
BUTTERFIELD
& SWIRE, Agents.
WALLEM & CO
Agents, Telephone 34177-9. Hong Kong, November 3, 1949.
All Government bonds were The West Indies is willing to up. Biggest gain in the $100 par transter Canadian and American stocks was in the 3-1/2 per cent izado formerly worth $50,000,000 | War Loan which climbed 17/6d. Managing-Directore to Australia, Mr. GE. Montbrun, Financial Times: index 100.8,
Trinidad importing firm sale here tonight. He said he hoped to buy $1, 000,000. worth of goods for his frm in Australia:
Devaluation of the Pound had made American and Canadian
of reach of the West Indies, te added-Reuter; •
ECA GRANT Washington, November 2 The Economie Co-operation Administration today announced authorisation of the purchases of $215,000 worth of materials 107
e ECA-Sydvaranger Iron ore
mines project in Norway.
NY RUBBER
ANNECYPACT
Lake Success, November 2 Burma has become the tenth
The equipment, to be purchas-country to sign the Annecy trade ed in the United States, consists protocol.
UE. Maung Foreign Minister of construction, mining and con-
$1,811,000 of Burma and Chairman of the veying equipment, generators and motors, $500,000 Burmese delegation to the United and track laying type tractoret, Nations, signed én behalf of his $45,000United Press,
country yesterday --Reuler.
AMERICAN. PRESIDENT LINES
The Global Fiest
S.S. "PRESIDENT WILSON”
sails for
Kobe, Yokohama, Honolulu and San Francisco
Saturday, November. 5
at 11.00 A.M.-
Passengers boarding between 8.00 A.M, and 10.00 AM Entrance to Wharf through Gate No. 2 Canton Road.
S.S. "GENERAL GORDON"
sails for
Manila, Yokohama, Honolulu and San Francisco Saturday, November 5.
at 8.00 P.MI
Passengers boarding between 2:00 PM. and 5.00 PM. Entrance to. Wharf through Gate No. 3A. Canton Road.
Heavy Baggage for both ships should be delivered to Baggage Godown No. 50, Gate No. 2. Canton Road, Kowloon, on Thursday, Nov. 3, or Friday, Nov. 4.
BEND LINE
SHIP "BENLEDT" "BENLAWERS” "BENRINNES"
*"BENARTY”.
"EENVORLICH"
SHIP
ARRIVALS
FROM
DUE
UK vin Singapore
In Port
19th Nov.
do
do
21st Nov.
28th Nov.
18th Dec.
SAILINGS
ΤΟ
"BENLAWERS" ..London, Antwerp,
Rotterdam, Ham- burg & Hull
"BENLEDI"......Genos, Liverpool &
"BENWYVIS"
*BENRINNES”
"BENARTY"
Glasgow
Liverpool, Glasgow, Dublin, Havre & Hull
Genoa, London & Leith ... Liverpool. Glasgow, Dublin, Havre, Ant- werp, Rotterdam & Hamburg
LOADING
23rd Nov.
5th Nov.
20th Nov.
22nd Nav.
20th 'Dec.
via Malays, Colombo, Aden, Port Sudan & ofher way ports
* Accepts cargo for Japan.
For Further Particulars, Apply To-
W. R. LOXLEY & CO., (CHINA) LTD. Agents
York Building.
Telephone: 34165.
THE EAST ASIATIC CO., LTD.
S.S. "SERAMPORE"
NOW LOADING
for
SAN FRANCISCO, LOS ANGELES, FORTLAND, SEATTLE & VANCOUVER
M.S. "KAMBODIA"
LOADING ABOUT 13th NOVEMBER for
ADEN, PORT SAID, ALEXANDRIA, GENOA, TRIESTE, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG, COPENHAGEN, GDYNIA, HELSINGFORS, & KOTKA. Tanks available for the carriage of oil in bulk.
THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floor..
Tel 34111 & 841120
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, în 16 days Thence San Francisco, Vancouver, Seattle & Portland
29th Nov. M.S. "CASTLEVILLE".
ARRIVALS FROM PACIFIC COAST
M.S. “BOUGAINVILLE”- M.S. "SUNNYVILLE”.
21st Nov.
21st Dec.
Sailing to Singapore, Port Swettenham, Penang, Belawan & Batavia
M.S. "BOUGAINVILLE
Passenger Accommodation
Chinese Freight Agents, HOO FOOK PING.
King's-Building.
23th Nov.
Balk Off Tanks
Apply
THE BANK LINE
(CHINA) LTD.
ZIZSTEL BANK LINE” (CHER) Ltd.