THE CHINA MAIL, SATURDAY, NOVEMBER 18, 1949.
ROYAL
INTEROCEAN
LINES
JAVA PORTS and MACASSAR
“TJITJALENGKÀ”
**TJIBADAK”
SAILINGS AKRIVALS
378 Dec. 18th Dec.
MANILA
“STRÄÄT "SOENDA”
“TEGELBERG”
**TJIKAMPETERS
SAILINGS
.30th Nov.
28th Dec.
25th Jan.
29th Nov. 13th Dec.
AX ARRIVALS
8th Dec.
*No passenger accommodation avullable. SINGAPORE, PENANG and BELAWAN DELI
"TJITJALENGKA"
*VAN HELTSZ"
* Calling Singapore orily.
SAILINGS
ARRIVALS
3rd Dec.
... 15th Dec.
29th Navi 10th Dec.
EAST & SOUTH AFRICA & SOUTH AMERICA
"STRAAT SOENDA"
"TEGELBERG”
“TJIKAMPER**
FINANCE AND COMMERCE.
H.K. STOCK New Exchange Rate For CURRENCY
EXCHANGE
The week started with an ac tive Market, but as the week ware on the activity gradualiy faced and at the close was almost- non-existent, both pace and in- terest having died dows
RK.GOVT.- LOANS. ·
45% Loar: 1OORE, 31%% Loan (1954 & 1940) 100b. 34 Lban (1948)-700n.
BANKS
HA. & 5. Bank 14755, 1443sa,
-1.(Lon
Reg.) B Chartered Bank 09.11/16n Mercantile Bk. A. &.B. £zzin. Bank of East. Asia .1091 INSURANCES.. Carton: Ins: 305m;.in Union Ins. 650b, 676% 850sa. China-Underwriters 51n, HK. Fire Ins. 215m
SHIPPING
Douglases 200n,
Ex
ELK & M. Steamboats fin, Indo Chinese (Pref). 89]n. inda Chinese (DeL) 2000, Shells (Bearer): 6874n, Waterboats (2702
SAILINGS
ARRIVALS
38th Nov.
28th Dec.
25th Jan.
8th Dec.
Asia Nav. "Sh
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
Docks, Wharves,
North
Godowns, Etc. HK & K Wharves 1120, 1165.
Wharves 6b. Point Hongkew Wharves 11b.
Docks 701
19.40s, 19.305a.
13s
China Providents
Shanghai Dockyards §n. Wheelocks X.D. 305,
MINING
Lands Hotels & Bldgs.
12.205,
SAILINGS
ARRIVALS
Raub Mines 3lb.
K. Mines 0lin
"STRAAT SOENDA”
**TEGELBERG"
THIKAMPEK”*
10th Dec.
24th Nov. 24th Nov. 21st Dec.
H. & S.
“TEGELBERG”
13th Dec.
24th Dec.
*No passenger accommodation available.
Agents: HOLLAND—EAST ASIA LINE
EUROPE via MANILA and MALAYA
"MEERKERK
"RIDDERKERK"
SAILINGS
ARRIVALS
6th Dec. End Dec.
In Port Early Dec.
Transhipment cargo accepted on through B's/L to India, Mediterranean and Northern European parts.
“MEERKERK”
"RIDDERKERK”
JAPAN
SAILINGS
ARRIVALS
21st Nov. .Early Dec.
5th Dec.
End Dec.
KING'S BUILDING: TELS: 28015 - 28017 Chiness Agents:82. Connaught Ro.C.Tris: 31196-25133-
DE
LA RAMA LINES
ABRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO
m.v. TONGHAT 'm.v. “DONA ANICETA”
S. Fotels 31.805, 11.9053.
H. Lands 49b.
Shanghai Lands 2.155. Humphreys 11.30. HK Realties 1.900. Chinese Estates .140.
PUBLIC UTILITIES
HX. Tramways 163b, 17.201 Peak Trams (Old) 12. Peak Trans
Star Ferries. 929in.
C. Lights (Old) XD. 11,30b,
12.20%, 1253.
XD. 9b, 9.30sa. (New) HK. Electrics 31, 32s.
Macao Eletrics 2241. Sandakan Lights 8in. Teleptiones 19.206. Shanghai Gas lin..
INDUSTRIALS
Cald. Mack. (Ord.) 25.60n.
Canton Tees 3in.. Cements 24b, 211s, 24sa ILK. Ropes 162b.
STORES &
Dairy Farms 440. Watsons 47}5« L. Crawfords 21s. Sinceres 4.400
China Emporium 8.700. Sun Co., Ltd. 2.850. trong sang Hong.Đến Wing Co. (HK) 72n. Wm Powell, Ltd. in..
China me EOUS
131b.
E.FL. Constructions (Old) 2.30b,
Jap Export Contracts
*
new rate of exchange for post-devaluation Japanese export contracts was announced by the Hong Kong Government yesterday. The detailed statement on the subject, released by the Department of Supplies and Distribu- tion, follows:
DISPUTE WORRIES
London, November 17 The "Financial Times" said today that City, quarters here are deeply concerned at the rift between India and Pakis
tan and believe it is time for The percentage of return ex- the two Dominions to get-to-} change made available to ex-gether again without any loss porters will continue to be 40 of time.
where an in- per cent except creased figure has been agreed by: the Director of Supplies and Distribution
Commission
Exports to Japan through the Fons Kang Government-SCAP two-way- account which are shipped under contracts entered into: with SCAP after September 17, 1949, will be paid for at a new rate of exchange which has been fixed at HK5567 ta USSIDO Government's commission on such payments will continue to exports shipped under pre-de
Goverment's commission on be half per cent which with the
valuation..contracts will remain Bank's commission of half per at hair per cent but the commis cent makes a deduction of one
sien on imperts will be increased. to 4 per cent in the case of all. import licences approved after the date of this notice.
per cent from the payment to be received by the exported to
Exporters will be
for the importation of gonds from Japan, 40 per "cent of the exchange earned by exports actually shipped under post devaluation contracts. Payment for such imports will be at the exchange rate of HK$576 to US$100. Government's commission on such imports will be lucreased to thr
K
In its money market notes, the Financial Times" discussed th
devaluation OU consequences- O
th: Indo-Pakistan, trade and divergence of currency which widened the rift in their relations. The paper said: Uniartuaute- these are not indications a the mement of any
rapproch-
The article praised India's ae
tive steps to put their house in
Strongly hinting that Pakistan will eventually devalue bes rupee lucian- in line with India's, the cial Times" points out, the "free"
market rate Lis, narrowing the trading, difference between the two currencies.
S.--United Press.'
order and said well-informe No import verices, will, for city observers believe, the policy the present, de approved except now being followed will ultimate- against exchange earned by ex-y prove to India's advantage. porters and, transfers.of
ex change, by exporters WIT not be approved. If-exporters do not apply for import licences against exchange earned by their exports within 444 per cent. which with
60 days of the date on which
for Bank's commission of half per payment to them is authorised. cent make
ake a total of five per cent these exports, the "return to be added to the amount paid to have lapsed. In cases where change" so earned will be deem- ed the im
importer.
the "return exchange" has beca Government expects: exporters earned prior to the issue of this who have obtained export cons
notice the time limit will com- tracts before the devaluation of
the date mence from sterling to full such contracts at the old rate of exchange namely
notice. HK$395 to US$100. Such ex-
An extra copy of every licence and every export invoice will be porters will continue to be
per-and
transmission required for mitted to use exchange earned by their exports for the importa-Japan. This will tion of goods frein Japan at the copies of import licences, instead old rate of HK$402 to US$100. four as at present, and seven copies of invoices instead of six as at present.
by
business failures in the US. New York, November 17. Dun and Bridstreet reported
in the week ended November 10 That is the highest irs of this moths.—Associated Press,
..to five
All imports will be delivered ex
perishable foodstuffs, cementir
Money Marketown with the excerpton
of
US dollars opened yesterday at bulk and dangerous or hazardous HK$6.122 and closed at $6.15, cargo, delivery of which will be these two being the lowest and made ex ship. highest rates..
IT was put through from Sak HK$620 to $6.23.
Sterling opened at
and closed at $15.20.
$15.10
Australian pounds were sta tionary at HA312.10.
Piastres were again nominal at HKS11.90 a 100.
Ticals at HK$27 a 100, and NEI Guilders at HK$23.60 a 100, were] unchanged from the previous day.
LONDON STOCKS
NOTICE TO CONSIGNEES
MV. "YUNNAN” Arrived November 18, 1949.
Damaged cargo ex this vessel will be surveyed by Messrs. Goddard. & Douglas at Hong Kong and Kowloon Wharf Godown from 10am. November. 21 and 22 and con-
on
London, November. 17. signees representatives are re- Industrial shares were in dequested to be present during mand on the stock exchange but survey. otherwise the market was geric=] = rally quiet and firm. Among in-
H. K. Constructions (New) 1.30ndustrials, iroos, steels and store
Vibro Filings
15
Marsmath
Investments 9/-r.
Marsman, H.K.) M. Nov. Shanghai Loan 1.80n.
26th. 15th Dec.
Yangiszes Zib.
SAILING FOR US, ATLANTIC COAST. VIA SAN FRANCISCO & LOS ANGELES -mv. "DONA ANICETA” ..(Calls Japan).
COTTONS Ewos XD. 676.
RUBBER, etc. COMPANIES. Alma Estates 16h, 17s. Mid Jan. Anglo-Dutch 30.
Anglo-Javas In Bau Arims.
THE DE LA RAMA STEAMSHIP CO., INC. (Incorporated in the Philippines) :
MARINA HOLST Tela 23576--22673
1
· CHINESE SHIPPING OFFICE Tels, 23728-20159
HOLLAND-EAST ASIA LINE
S.S. "MEERKERK
LOADING 5th DECEMBER
for
MANILA, SINGAPORE, ADEN, SUEZ, PORT SAID, ÁLEXANDRIA, GENOA, MARSEILLES, ANTWERP, BOTTERDAM, AMSTERDAM, HAMBURG, COPENÍLAGEN.
GOTHENBURG and OSLO.
LIMITED PASSENGER ACCOMMODATION AVAILABLE
Agents:
ROYAL INTEROCEAN LINES
Building, Connaught Hima.
Tel: 28015, 28016. 28017.
$15s3. Bute Plantations 40b. Chemor United 206. Rubbers 106, Cheng Consolidated Rubbers-in. Dominion Rubbers in Langkat in Repah Rubbers Rubber Trusts 240, 132
150
305.
15b
Kedahs 21b.
12
Stanghai Samattas in, Sungei Duris1330. Tanah Merahs (50b. Tebong Rubbers 206/ Ziangbe Rubbers in.-
shares showed
Government securities made further headway. Gains ranged up to 10. shillings. Dollar securities again moved higher. Mining stocks were quiet but recorded some scattered gains,
|covery in British. The re-
Financial Times index 102.3- Associated Press.
NOTICE TO CONSIGNEES
FROM UNITED KINGDOM PORTS AND STRAITS.
Consignees per ship
m.s. "SOUDAN"
arrived 18th November. 1949.
are hereby notified that their cargo will be discharged into
BUTTERFIELD & SWIRE, Agents,
Australian Oriental- Line Ltd., China, Navigation Co., Ltd.
NOTICE TO CONSIGNEES M.V. "ANTILOCHUS” Damaged cargo ex this ves- sel will be surveyed at Holt's Wharf between 10 a.m. and noon on November 18 and 19,
1949, and consignees are re- quested to have their represen- tatives present during the sur- ves.
BUTTERFIELD
& SWIRE Agents.
the Hongkong & Kowloon Hong Kong, Nov. 18. 1949. Wharf & Godown Co., Ltd. where it will lie at consignees risk and expense and subject to terms and conditiors of Storage of the Hongkong & Kowloon Wharf & Godown 1.Co., Ltd. The cargo is expect New Orleans, Noyember 17. ed to be ready for delivery Cotton futures closed steady 20 from the Godown on and after cents a bale lower to 20 cents the 19th November, 1949. higher,
December March
Max
July
NY COTTON,
October...
bale lower. Middling
23.12 29.67.
29.30. -Associated Press.
Cargo is considered as be- ing accepted in good order and 29.33 bid. coalition by consignees, unless 27.93 bid broken chafed and damaged' Spot cotton steady 25 cents a packages are left in the Go
down for subsequent examina- tion by Messrs. Goddard & Douglas in the presence of consignees, at:10 am ohithe Washington, November 17.5; The Economic Co-operation 21st and 24th November, 1949.. Administration has announced it To comply with the General will list American small business firms
Bonded Warehouse Regulation, and their products in 2 directory for overseas buyere, consignees must have a Re The small companies will bel venue Officer in attendence naked to register for the direc- when dutiable goods are ex- tory before November 20-Asso-amined. ciated PresS.
Pacific Far East Line, Inc
DIRECT.
Fast Regular Trans-Pacific Service
BÁN TRANGIECO, LOB ANGEZAS
Tannet
JOPLI VICTORY"
“HIRAN S. MAXIN \@#%UEPEIST**.
"INDIAN BELAH"
For fall, parti
KANTERAL AND KAL
OVERLAND HICAGO-DETROIT-TORUM": VERICAN & CANADIAN CITIES
Bas Franciace & Los "kipeler"
Tix Kobe de Yhlookums. Ban Franciscta
San Franciaco & Loš, Angriag
San Francisco “& Lai, Anzzles, Sea Brandice“, via Kiko“ “ă
Ban Franciaco
Deci
Fully-Ratsimenated, decepta. „Day Cazzo Lost Beund,
Äsente. UNITED STATES LINES CO. Quentra Filig, Tel, 31751)
All damaged, cargo claims against the steamer must be presented to the undersigned. on or before the 10th Decem- ber, 1949, or they will not be recognised.
No fire insurance will be effected.
No claims will be admitted after the goods have been taken delivery of ex ship's. side or alternatively exį the Hongkong & Kowloon Whart & Godown Co's premisesjumi- less a joint-survey, has pre- viously been effected.
MACKINNON MACKENZIE
&CO!
Agents,
P. & OSN, Cò.
Hong Kong, Nov. 19, 1940.
seven
NOTICE TO CONSIGNEES
Consignees Per
BARBER-WILHELMSEN LINE
m.s. "TITANIA"
are hereby notified that their cargo is being discharged, into the Hongkong & Kowloon Wharf & Godown Co's godown where it will be at Consignees risk and subject to the Whart's terms and conditions of storage, and, where delivery may be obtained.
Damaged packages are to be left in the godowns for exam- ination by Consignees and the Company's Surveyors, Messrs. Goddard & Douglas at 10 a.m. on November 22, 1949. -
To comply with General Bonded Warehouse Regulations Consignees must have a Re venue Officer in attendance when: damaged dutiable goods are examined.
No claims will be admitted after, the goods have left the steamer's godown, and all goods remaining undelivered after November 23, 1949, will be subject to rent.
on or
All claims against the stea- mer must be presented to the -Undersigned
before November 20, 1949, or they will not be recognised.
No fire insurance will be effected.
DODWELL & CO., LTD. Agents.
Hong Kong, Nov. 17, 1949.
AMERICAN PIONEER LINE
to and from Atlantic Coast Poris of the United States and Far Eastern Ports NEW FAST CARGO SHIPS
ARRIVALS FROM ATLANTIC
"PIONEER SEA”
PIONEER COVE"> "PIONEER TIDE"
Nov. 20 Dec. 13
Dec. 16
KOŠAILING TOʻMANILA
Dec. 1
¿Dcc. 14 Dec. 17
“PIONEER SEA? "PIONEER COVE" "PIONEER TIDE”.
SAILINGS TO NEW YORK, BOSTON, BALTIMORE, PHILADELPHIA via JAPAN & PANAMA CANAL
Axt. Nov. 24. Sall Nov. 20
Dec. 13
"PIONEER LAKE? "PIONEER SEAZ.. ***PIONEER: COVE" "PIONEER TIDE?
AMERICAN
PRESIDENT
The Global Flest
TO HONOLUĽÚ. & SAN FRANCISCO
YiQ JAPAN
"President Cleveland"
resident Wilson" Genceal Gordon"
Art, Nov. 29 -----.-Dec. 17 Art. Dec. 19
Sails Nov. 30 "Sails Dec. 18:
Salls Dec. 20
TO SAN FRANCISCO & LOS ANGELES via JAPAN
"President McKinley"
President Taft"
Arr. Nov, 23 Sails Nov. 24 Arr: Dec. 16. Sails Déc1 17
TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA
"President Johnson" "President Fillmore"
Arr. Nov. 29
Sails Nov. 30 Art. Dec. 27-Sails Dec. 28
ROUND THE WORLD
VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ, PORT SAM, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK and BOSTON
President Monroe"
Arr. Nov. 29 President Buchanan... Art. Dec. 13
TO JAVA & STRAITS
"President Fillmore”
Opposite Star Ferry
Sails Dec. 1 Sails Dec. 15
Nov. 19
Sails Nov. 20
*Tel. 28172/5.
BENDLINE
KOMESHIP "BENWYVIS".
"BENRINNES"
"BENLAWERS” ***SENARTVA:
"BENCRUACHAN” "BENLOMOND
"BENVORLICH"
"BENVRACKIE“ "BENCLEUCH"
"EENWYVIS"
PAR EAST
ARRIVALS
FROM Japan.
U.K. via Singapore.
QUE
IN PORT
25th Nov.
SAILINGS
26th Nov:
28th Nov.
10th Dec.
27th Dec.
3rd Jan.
5th Jan.
15th Jan.
LOADING
BUOY A-5.
SHIP
TO Liverpool,
Glasgow, Dublin, Havre & Hull.,
30th Nov.
Antwerp, Hamburg
15th Dec
2nd Jan. 20th Jan.
-Liverpool, Glasgow,
20th. Dec.
8th Jan.
"BENLAWERSTM
BENCRUACHAN". BENLOMOND" BENCLEUCH"
“SENAĦTY" - "BENVORLICH"
London, Rotterdam. & Hull.
Doblin, Antwerp, Rot- terdam & Hamburg.
Via Malaya, Colombo, Aden, Port Sudani,
and other Way Ports
tAcerpts Cargo for Genoa, " "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.
M.S. “KOREA”
LOADING ABOUT 14th DECEMBER
for
ADEN, PORT SAID; GENOA ANTWERP, ROTTERDAMI, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN Tanks evailable for the carriage of all in bulk.
THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floor-
Tel: 34111 & 34112
KLAVENESS LINE
SAILINGS
Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. CASTLEVILLE
29th Nov
ARRIVALS FROM PACIFIC COAST
Dec. 14 Dec. 27 → Dec. 25
Dec. 29, Dec 31
M.S. “BOUGAINVILLE“ M.S. "SUNNYVILLE”.
For rates, special information call 5-
UNITED STATES LINES
Queen's Bldg COMPANY
Tel: 31251
The there is fadicator, the principe) poets ́al · landing and discharge
it the Company's. Cla
24th Nov 21st Dec
26th Nov
Sailing to Singappre, Part Swettenham, Penang, Belawan & Batavia.
M.S. BOUGAINVILLI
Passenger Accommo
Chinese Freight Agents, HOO FOOK PING
Bulk Oil Tanks
Apply
THE BANK LINE
(CHINA) LTD, THE BANK" LINE · (China)
King Beside