THE CHINA MAIL, TUESDAY, DECEMBER 13, 1940,
ROYAL
INTEROCEAN
LINES
JAVA PORTS and
BORTS THE MACASSAR
"TJMADAK"
SAILINGS
PAIN
Toth Doc. 5th Jan.
"TJITJALENGRÆ"
MANILA
"TEGELBERG”
"THKAMPEK”
"RUYS"
SAILINGS
28th Doc. 25th Jan. 23rd Feb.
AREIVALS
14th Dec. 31st Dec,
ARRIVALS
13th Dec. 22nd Dec.
SINGAPORE, PENANG and BELAWAN DELI
BAILINGS
"VAN HEUTSZ"
17th Dec. 5th Jun.
ARRIVALS
13th Dec. 31st Dec.
• Calling Singapore only..
"TJITJALENGKA'
EAST & SOUTH AFRICA & SOUTH AMERICA
TEGELBERG”
"TUKAMPER"
"KUYA"
TJISADANE”
SAILINGS
ARRIVALS
28th Dec. 25th Jan, 23rd Feb.
13th Dec. 22nd her. 7th Jun.
Calling at Mombasa & L. Marques direct. Transhipniras cargo sccepted on through B's/1, to
Dur-Ex-Salxom and Zansibar.
"TEGELBERG"
"RUYN"
"TJISADANK"
JAPAN
SAILINGS
ARRIVALS
15th Dec. 24th Dec. 9th Jan.
27th Dec.
5th Jan,
Agents: HOLLAND—EAST ASIA LINE EUROPE via MANILA and MALAYA
RIDDERKERK"
BAILINGS
9th Jan.
ARRIVALS 16th Dec.
Transhipment cargo accepted on through B's/1. to.
Mediterranean and Northern European ports.
RIDDERKERK"
FINANCE
AND
COMMERCE
BUSINESS ACTIVITY HIGHER IN AMERICA
Hong Kong Stock Exchange
There is more enquiry but entes will have to be improved quantity
Before unsues.
in business-
BJ. GOVT. LOANK 4. Younty 101 Sym,
3 Low (TUTU à 1921 10k. 21 Lom 110 $0.
TANKO
R.K, B. Hank 100th, 100G/Għinu.
. Res.) Emlyn. Chartered Bank 8th 2/10. Moreanille Bar A. a 1. Atzin Hush Hunt, Kalm 1906, 119).
INRURANCES
Ch. 1008.
Tin Tha, 72, 030m, 47:7/75ar China Underwilleen Gi
Kre fim. 21db.
BRITTING
Dougthern 20h,
İLK. A N. Aleuterate $14.
(l'ext, NDAU
J
(Det 20.
Abella. (Benzeri Merlyn. inion Waterbumin 295
Amin Num. Hüb. „Dram.
DOCKS, WHARVES, (NÓDOWNS, Etc. JE K AK, Wharton 119h
North Pet Where B
Xhnchal Me Where t # K kay.
China Prudent 12 X0I
Wimelock-
Dutkarsta MN, IN, M GU, Kima
MINING
DIDOR
Raub Mine H.it. Mines 19an
LANDS, ROTHES & H. H. #mela 12.19b. 1. Laude (95, 41m. #hasha Land 2.2Bn, Hamphrey 105. 1.K. Realties 2b. 2.10. Chinese Estates 1400.
PUBLIC UTILITIES Tratoway Iúb, INNAN. 20, cħna Peak Trac (0) 18.
(New) 41. Ferries 02
#I.K
JAPAN
SAILINGS
AKRIVALS
St ་
20th Dec.
Bth Jan.
TO 28017
KING'S BUILDING: TELS: 28015 Chimasa Aorta 82. ConnavoNY RD. C. TELS: 31196-25133
DE LA RAMA LINES
ARRIVING FROM US, ATLANTIC COAST VÍA LOS ANGELES & SAN FRANCISCO
'my. "DONA ALTA"
31.V. TRAVANCORE”
M.V. "HALLAND”
SAILING FOR U.S. ATLANTIC COAST VIA LOS ANGELES
M.V. "DONA ANICETA"
19th Dec. 1st Jan. .30th Jan.
21st Dec.
THE DE LA RAMa steamship cO., INC.
(Incorporated la the Philippines)
MARINA HOUSE Teis. 23670-2675
CHINESS' SHIPPING, OFÝICH Tel: 2378820153
MACAU
PROVISIONAL WEEKLY SERVICE BY CHINA NAVIGATION COMPANY'S M. V. "WUBUEH"
Saturday
Leaving/Hongkong #: p.m. Leaving: Mraku vājaimi
Deay!
Hongkong” 2/p.m.
Lanvina iz Mugau-12, pub «
RETURN.SALOON FARE, Inolading Bat:/dun...overnight; sfay
board · HK:$40/
For Reservations Apply
BUTTERFIELD & SWIRE.
1. Comavult Rd.. Conval. 121. 30331/0 ́Chater Rd. Cable and Wirel ́s. 314, 77180.
Eight (bl 12 108, 12 40%,
(New) M2, 4.01.19
K. Electrien 10%, 31mn
Mano Eletrics 22n
Hunda Light
Telephone 20, 21-m. Shuhei pe 1.
INDUSTRIALS
Caid, Mace. (Ord.) 20. Cotton Ice $1. Umienta 245, 24%
14 Rape 17v.
STOREA, Etc. Dairy Farm 148 Walon 41, 484%, OA.
1. Crawford X.D. 100 Slorores 4407,
Chine Kmarelum 8.00h,
Kwater Many Hong 90L,
Who
Win
Can (H.K.) 12. Powell, Lit, n
MISCELLANEOUS
China Entertainment 142. ILK, Constructions 10th 2.40.
(New) 1.500. Vibro Pilinge 16.
Mer Inviktineila Bý-n, Marwman if..) .755. Shanghai Ian 1.800, Yanglazer 4.10.
COTTON
Ewan 8.2, 6.20mm.
12.
RUBBER, KR, COMPANIES Alma Estałem 15m. Anglo-Dutch 10m. Anglo-Javna in. Tatu Anama .20n. Ituto Plantations 40n, Chemor United 201 Cheng Rebbers .196. Consolidated Rubbers 15. Darulian Rubbers In. Langit in.
cnb.
Repah tabbers 18. Rubber Trata. m. Hamatus Rubber Gematolo, Bubbers län. Shangha? Kadake .241. Hangi Malays... I£n. Shanghai Pahang 250. Rhanghai Sumatras in. Bungel. Burla 19. Tanah Merah 50. Tehong Rubbers 291. Zinnube Rubber
Money Market
There was a slide in the US dollar yesterday, anch "the closing rato Was only, HK$8.371⁄2 - ̧ 07 bgainst the opening rate of
·$0.411⁄2
Twas put through from HK96:47 down to 30.431..
Sterling was higher at HS-
14.97.
Australian pounds opened at |HK$1243 and closed at $12.40.
Pinsires werd "again...nominal at j FIK$18.30 a 100, CURS
Ticals remained anebanged at HK$27 a 100, while NET Gullders were stronger at HK$22.00 a 100.
PACIFIC TRADE
New York, Decembar 11.
Bubendes activity, steady to moderately higher this wook, featured a strong upturn in totail colos and sharp rise in building construction. Reports from key cities from coast to coast in- dicated the Christmas shopping season is on in earnest. First results were up to expecta- tions in most places.
The conseriaus is that when the final dollar has been | counted on the night, before Christmas, the national totul will be on a favouráble-foot- ing with the amount spent in the Yuletide Season last year - record higit.
Home:furniikings of all: descrip- tions, television sats and other Items that call for alzáĎie: sunts bb of niongy are reported: to moving in excellent volume in bnost sreda, This lent support to the theory that the pattern of spending is finally developing it normal character: after uncertain. iles brought on by the recently conclufei industrial, surijeos.
Steal nativity wan at the highest point since last May. Engineering construction was the second high- cs since the war ended and al why the must active week of the year or the New York Stock Exchango,
Unemployment sagged us work- ing forces in various manufactur- and ing plants were 'enlarged atures took or the usual army of Ukira Christmas kelp. The gux- tained improvement in the job situation was officially recognised in Washington when Mr. EwaB Clague, Commissioner of Labour Statistics, Haid the general pic- ture looks bettor te him now time in the past than at any year.
Dark Spot
scarie
One dark spot in, yn, otherwise promising cmployment rters 'from the incressing num- ber of lay-oft of railrond workers u others directly affected by the three-day work week in the con fielda.
E
Investors Cautious
In India
New Delhi, December 11,
India's call' for foreign in- võitmoņis has had only alight officla) response the figuros Indicated:
"Since the Prime Minister, Jawaharlal Nehru,, declarad India's policy on foreign In- vestment
India Imat' April, has received:
appilea- Only 49 tiona' from Yoreign Investora,
Thirty-seven of those, re- #total capital of presenting # ($3,500,000; › have been accept- edy The rest are under son. from sideration. Most were
and United Kingdom Switzerland.
the
in, 1948, foreign, Investments In Indian, Industry amounted Associated $9,000,000.
to
Press.
The
European Economic Unian
Parls, December 1 Foreign, Finance and Supply Ministers of France, Italy and the Benelux countries will probably meet at the end of this
to mooth.
take the newly- born, economic and monetary na- Bociation between their countries рот several steps steps further,
French cording to the
nows France Presse, agency, Agencie the
today.
Freight carloadings picked up a trifle over the previous work but auntrued to lag far behind a year ago. Steel mills hummed at fastest pace since last spring as the industry put on a full head; of steam to catch up with orders that plied up
six- during the week strike,
Motor car output was far out of the with the busy national industrini scune us moved change overs and a shortage of steel. combiner to staff assembly lines, Wall Street brokers smiled and sturk out their chests
as the market bubbled with stock activity that sent saler, well aboue the million share, mark daily and. fat commissions rolling into their pockets. The market falled to get anywhere, however, due to sell ing for tax purposes and profit- taking by those who had been ir on the recant risa,
The band market had little to boust about in the way of volume but prices were generally higher, -Associated Press.
between
U.S. PLANS TO EASE TAXATION
་་་
Washington, December 11.
The Truman administration wants: to casa US taxes on American. business. abroad to boost the President's pro- gramme for encouraging for- eign investment.
Mr. Thomas F. Lynch Chief Counsel for the US Treasury, Hlated the followingjobanges in the tax lawa which will be proposed to Congress next year:
1. Exempting -from. DiS.-- laxes all income earned by' am Amarkentt abroad from the day he establishes foreign residence. Present law requires him to leave this coun- try Before January 1 to get an exemption for hia Arst year abroad.
2. Delay imposing U.S. taxes on "foreign income of branches of domestle corporations until it (the Income); la returned to the United States." The purpose would be to encourage American Arms to relovest their forcim carnings abroad..
031
3. Let corporations take into account the "overall result of Aguring foreign operations" in credit for foreign taxes paid
another profitable operations in country.
that Easo the requirement domestic corporations must awn more than, a inujority of the voting stock of foreign subsidiaries be- j for being allowed a credit for "foreign taxes. Imposed on their divi- prest when received as dends."
"The programme outlined," Mr. Lynch said, "will iron out some of the inequities in Our present accumulated system which have Cover the years. We fool these the changes will contribute to effective execution of aur foreign policy." Associated Press.
GERMAN EXPORT FORECAST
Oberhausen, December 11. Professor Ludwig Erhard, the West German Economics Min- ister, predicted here today that West German exports Will reach a
1,200 total value of million Deutschemarks in 1950. He told a Christian Democralle Ger- Party rally that Western many con exist only by working with all its strength for Euro- pean co-operation. European, unity can be achieved only on the basis of free trade, the Minister de- clared.
This meeting was advised by the conference of exparts which met in Paris from November, 29
Join to December 9 to draft u report recommending the crea- tion of an association the five but firmly opposing the of "Fri- already popular name talux"and advising оп ways and means of achieving it.
facing Ithe The main lase
Professor Erhard sold that he Foreign Ministers will be the Principle and timing of admitt-pposes the British Labour Punty's type of planned economy as a Germany into the association basis for European co-operation- The Finance and Supply Ministers vill deal with the ecause it would create a "Euro- condi- peun super-State" with excessive beralisation of trading
central pOWETH.
tlons between the Ave countries,
Britain will be kept informed os, all, these talks Agence France Presse said.Reuter.
TAIWAN EXPORTS
FEDERAL OUTLAY TO AMERICA
TO INCREASE
༥
Washington, December: 11. Desloged, eaports to the United PAGE (14)
Yan Ming States, from Taiwan during the Washington, December 11. first half of 1949 amounted The U.S. Department of $860,488, the U.S. Commerce De Commerce predicted that bust partment reported today. To ness activity in the United value of 1949 exports to the States will be bolstered by in United States was $1,720,000, creasingly heavy Federal-out-Associated Pres lays through. the first half of
1960.
Bald | NOTICE :: TO - CONSIGNEES.
A Department... analysis that, in over-spending its income by about five billion dollars, the Government will be adding to Income jol individuals and porations and thus stimulating
hem to respond."
cor-
The Department's monthly survey of current 1 business also, mawia utimulant to business in Bucklogs of orders for steel, coal andataminium inventories of which dwindled during the recent atriles. It estimated, cash outlays
the Government at $58,500 000,000 in the outrent fiscal year.
Abadginted Presa, vet
ASIAN LABOUR
CONFERENCE
M/V "IGADI"
He urged Western Germany's zo-admission to the International capital market-Reuter.
JAPANESE STEEL FOR AUSTRALIA
Berth, December 11.
A cargo of: 2093 tons Japanese steel Derived here today in the 7:839-ton rofghter, Belasur, .of London, the first vessel chartered to bring steel from Japan since the war-Reute
NOTICE TO CONSIGNEES Consignees-Per
1.3. “BENCRUACHAN"; are hereby a notified that their
· -Having arrived Hong Kong, cargo, is, being discharged into consignees of Cargo are hereby the Hong Kang & Kowloon notified that all goods have Wharf & Godown Co's go- been landed and placed at their down, where it will boat cisle and expense into the go- Consignees, risk, nåd, subject Kowloon Wharf and Godown ditions of storage, and where downs of the Hong Kong and to the Wharf's terms and con-
obtained. Co., Ltd. where delivery may delivery may be be obtained as soon as the goods are landed, D
No, claims will be admitted Riter the goode have left the godowns or failure to attend the survey.
RESIDENT
The Global Moci
•TO- HONOLULU & SAN FRANCISCO
vio JAPAN
“I'Froxident: "Wilson”.
Arr. Dec. 17
Sails, Dec.
· “General” Gordon?"... 1 Air. Dec. 23 "President Cleveland'
Sall. Dec.
Arr: Jun;13
Salts Jan.,
TO SAN FRANCISCO &. LOS ANGELES via JAPAN
"President' Tait” · "President Madison”
>TO NEW YORK, via PACIFIC
"Picildent Fillmoro"
"President Tyler"
Sails. Doc.
Ah," Dec. 21 A Arr. Dec, 307Sails Dec. BALTIMORE & BOSTON COAST. &.. PANAMA.
Sails Doe. Arr. Dee. 27 Arr. Jan. 24 Sails Jan.. ROUND THE WORLD DEB
VIA MANILA, SINGAPORE; COLOMBO, KARACHI, ^SO PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES GENOA," NEW YORK and BOSTON
Aer. Dec. 10 Arr. Dec. 26
"President Buchanan" "Président Harding".
TO JAVA & STRAITS
Arr. Dec.
"President Tyler"
Opposite Star Ferry
18
Sailk: Dec. Soils Dear
.Sails Dec.
Tel. 28172/
BEN LINE
TS AND
THD
DUE
In Por
BHIP "BENCHUACHAN" "BENLOMOND"
ARRIVALS
FROM:
U.K. Via Singapore.
27th D
"BENVORLICH"
"BENVRACKIE"
A BUT J
"BANOLEUCH"
15th J
18th J
24th J
**BENGORAN" "BENREOCM"
SHIP
"BENCRUACHAN" "BENLOMOND" "BENCLEUCH"
"BENVORLICH"
3rd Ji
SAILINGS
ΤΟ
LOAD
London Rotterdam
Antwerdr Hamburg
17in D
3016 D
20th J
a Hull
TLiverpool, • Glasgow, Dublin, Antwerp, Rot- terdam & Hamburg-
Via Malayo, Colombo, Aden, Port Sudan,
and other Way Port
*Accepts Card Yor' Japan.
For Further Farticulars, Apply
卢
JR. LOXLEY & CO. (CHINA) LTI
York Building.
Telephone: 3
THE EAST ASIATIC CO., LT
M.S. "KOREA"
LOADING ABOUT: 15th DECEMBER
#for
ADEN,PORT «SAID, BEYROUTIİ, GENOA, ANTWERP ROTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN
for the lage, of oil In
THE EAST ASIATIC CO., LTD. Queth's Bldg 126d2 Bờ
To comply with the General KLAVENESS LIN
Damaged packages are, to be left in the Godowns, for exam ination by Consignees and the Company's surveyors, Messrs. Carmichael & Clarke, at 10 am an December: 16, 1940.
To comply with the General Bonded Warehouse, Hegulations, Consignees must have a venue. Oncer in attendance at the Asian Regional Labor on the December 14, 1940 at 10 are examined. *
Mesra Goddard ond, Donglas when damaged dullable goods Conférence • 1 to 15)
tube sheld in Ceylon from January 16 to 28. Mr.m
Bombay December 11.
All draken, chafed end dim- Mr. David A. Marac, Director, aged goods are la be left in the Coneral of the International godewn where they will be Labour Organitation, describe examined in the presence of today the subjects for discussion
Asia
No claims will be admitted, after the goods have left the goods remaining undelivered steamer's godowns, and all after December 19, 1945, will
be subject torrent y
だいす!
SAILINGS
Direct to Los A jes in 16 days Then
San Francisco, M.S. “BOUGAINV M.S. "SUNNYVILLE” ARRIVA
M.S. SUNI M.S. "FRANCISVILI
Morte is in Bomber in commeation To comply with the General with the ILO governing Ban Francisco, December 11.
Body AUS Marlung. Commission sesion which i is being held in Bonded Warehouse Regula
Pre
first time at Mysolo tofix, consignees must have, a for the American researcher says sident Lines de losing the Pick from December 29 to January 7 Revenue Oncer. Insattendance e trado while competing Pacific The Ceylon conference wht cod when examining duringed duti Transport and Paolile Far East sider action on problems of labourable goods. All claims against Lines are gainingained glas inspection, workers welfare, the the vessel must be presented to,
condition of agricultural workers ha. Undersigned with four co-operatives and manpower, id teen days of the ship's, arkival, cinding technical training-Aped or they will not be recognbed,
No fire insuri will be ef- -lo. Fire Insurance will be: M.S. focte
/*Mr. Robert C. King, the Com-
mlation's Chier of the y analyal, branch,tratifida ata Gommasion Bearing, on subsidy applications: by Pacle Transport
„Decoilbor.
Gibraltar, Decont and Pacific Far East Lines. Sir Kenneth Anderson,: Goyg
The american President Lines nor of și Gibraltar, di and the Sipies Moamship Com-Gibraltar by vir tomo pany, are, opposing the appllen London
dons, arguing that when military. Mr. A
CATEDRA for. Apena ara, ended Becretiof
here will be too many ships, Toules, opht{bralt
a) problems, Router
aving
WIN The
Ananelit
Hong Hond
All claims against tho ateam- er must be presented to the undersigned on or before. De- cember 31, 1949, or they will not be recognised
effected.
WR LOXLEY & CO. (CHINA), ALTD. T
AcentowikMI Hong Kong, Dec. 612, 11RUNN
Chinose Fre BOO F
Seattle & Port
PACIFIC COAST
wan
BANK LIN