Pago 12 )

R. I. L.

ROYAL

INTEROCEAN

SINGAPORE, JAYA

PORTS and

MACASSAR

"TABMAN"

"VAN HEUTSZ" •

#TJITJALENGKA"

ARRIVALS

LINES

SAILINGS

4th Bent.

In Port

19th Sept

Bih Sept. 10th Sept. 24th Sept.

only to S'pore, Penang ▲ Bal Dáil.

@ MANILA, EAST &

SOUTH AFRICA &

SOUTH AMERICA

"BOIBSEVAIN"

"STRAAT MALAKKA"

O JAPAN

"B0188EVAIN"

"STRAAT MALAKKA"

ARRIVALS

SAILINGS

10th Bapt. 20th Sept.

ARRIVALS SAILINGS

9th Bopt.

18th Sept..

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA

and MALAYA

"MELIBKERK"

"MEERKIAK"

"RYNKERK"-

Through BI/L

imbued

ARRIVALS

SAILINGS

7th Gopt. carly Oct.

8th Sept. early Oct. early Nov.

ta

Mediterranean and Northern

European porta..

© JAPAN

"MELISKERK"

"MEERKERK"

"RYNKERK"

7th Sept. early Oct,

11th Sept.

early Nov.

early Oct.

BAKING'S BUILDINGSSTELEPHONESÉLIE OZIRO

EYTUNISIGENS

PROSIJ

THE WORLD

ISTHMIAN LINE

(Isthmian Steamship Company New York)

DIRECT MONTHLY SAILINGS TO NEW YORK VIA LOS ANGELES AND PANAMA

STEEL RECORDEN”

"STEEL DIRECTOR"

3rd Sept. ..17th Sept

SAILINGS TO SAIGON, BANGKOK &

DJAKARTA (BATAVIA)

STEEL ADMIRAL"

"STEEL AGE"

"STEEL SEAFARER"

ARRIVALS FROM U.S.A.

"STEEL ADMIRAL”

"STEEL AGE"

"STEEL SEAFARER”

Balls N. Y.

Saited

20th Aug.

22nd Sept. 21st Oct:

Sails S.F. Due RK. Salled In Port Salled 31st Aug. 21st Sept. .12th Sept. 29th Sept. 20th Oct.

GILMAN & CO., LTD.

Tel: 31148

Chinese Freight Agents:- HIN FAT & CO., LTD. Tels: 28823, 25553 & 23483.

ISTHMIAN LINE

(Isthmian Steamship Company, New York)

S.S. "STEEL RECORDER"

LOADING 3rd SEPTEMBER

SAILING 4th SEPTEMBER

FOR

LOS ANGELES & NEW YORK ·

via PANAMA CANAL

CO., LTD.

GILMAN

Tel 31146.

Chinese Freight Agents:-HIN FAT & CO., LTD.

Tela: 28823, 25553 & 23483..

SWEDISH EAST ASIA CO.LTD.

'ARRIVALS FROM EUROPE

THE CUINA MAIL, FRIDAY, AUGUST 85-1980.

FINANCE AND

COMMERCE

New York DIFFERENCES

Stock Exchange

New, York, August 23. The stock market stretched a rally into the sixth week with a advance new rise today. The was somewhat laboured but re- sulla

Impressive, Koy stocks moved up a few cents to share. dollars around two About a duched new highs' for: 1950,

were

were

R

OVER

DOLLARS SHORTAGE

(This is the third and last of three articles depling' withi the United States programe for economic assistance to nationa stilt financially unstable after the Marshall Plan ends in 1982),

Washington, August 24. European Co-operation Administration officials said differences are developing botween them- selves and exports of the Office for European Co-operation as to what Western Europe's dollar requirements will be when the Marshall Plan ends in 1952.

,000,000

19.

an in-

These officials, who are 3. Payments by Europeans to The market for the first time working closely with President the United States for service" closed above the level at which Truman's, Special Assistant, such as banking and insurance

US$800,000,000, before the Gordon Gray. In preparation would drop from US$1,000,000,000 prices stood just

trifle of long-range plans for achiev-annually to Korean war and a mere

saving of US$200,000,000; ing world economic stability, below a four-year peak.

4. Earnings by Europe from 1,270,000, said the OEEC will present services (largely tourism) would Transfers

nrise Among the rainers were Armen at the end of this year

from of what US$1,300,000,000 an Steel, Wheeling Pure Oll. Inter- "model. statement"

economic situation national Nickel, Erle Railroad, the

10 crease of US$600,000,000

B. All other items that enter General Cable and Curtis Pub, participating countries is like- D.

Dow Jones averages: Stocks y to be in 1952. The state into balance of payments account to show with the United States are ex- Industrials 221.61; 15 ment is expected

that the European planners pected to result in a net reduction Rails 03.40;. 10 Utilities 30.60.

Closing quotations:

feel their countries will need in the dollar deficit of the parti~} 21% more dollars to balance their cipating countries of US$400,000,-

2 accounts than ECA expects.

Despite this polèntial difference 00 in estimantes, ECA heads here are

lishing

79.10: 20

Adams Express

Alaska Juneau

American Con

Smelting

16 Telephone

Tobacco Waterworks Anaconda Copper Aviation Corp.

Baldwin Ltomativė, Bendix Avlation Bethlehem Steel Boeing Aircraft

Borden

Co. Canadian Pacific Case

Chrysler

Commercial Solvent

Corn Products Du Pant

Eastman Kodak -General-Electric

Goodrich

Goodyear

Motors

Harneslake Mining International Harvester

"

Paper... Tal & Tel Johns Manville Kennecots Copper Montgomery Ward National Distillers

Lead

New York Central Packard, Motorg ..... Pan American Airways Pennsylvania RR Radio Corp.

Real Silk

Remington Rand Republie Steel Reynolds Tobacco

Schenkuck

Scars

Sheil Off Socory Vacuum Southern Pacific Standard Brands

Oll of Callt. Oil of N,

Studebaker Union Bag

Carbide

US Rubber

07

000,"

Triangular trądo

Hong Kong

· Stock Exchange

HK Govt. Loans

∙B1 Luan (1934 & 10403 01.

34% Loan (1040) DK390.

Banks

IIK & Shanghal Dank 1,1008, 1,155an.

(2, Reg) £71, Chartered Bank £8 10/16,

Marenntils puk A. § 1; Corn. Bank of Earl Ania 1016,

Insurance

Canton Inx, riuh.

Unkon J, Gib.

China Underwear Sn.

HK Fire Inë, 14.

Shipping

Danglases 100N.

IK & Mario Breombonia lin.

Indo Chin' (1'ref,$ 12h.

(e) 83.

1531⁄2 continuing to insist

ECA tabulation express this that with situation as "Improvement

ነዚ

Bled

(Denver) (8/124m

E''

66% careful plunning most of Western participating countries becounts 01 Europe chi reduce its dollar debt with the United States" in billions 35 to manageable proportions-that of dollars as follows:

7s, proportions in which direct

112 United Sintes nesistance would 1

50% unnecessary by the end of 1956 e imports, 1.1: In-

421%

The

ECA

Administrator,

Paul for

earninge on merchandise

4. Suvini

on payments services. 2:

2: Increased earrings

35 Hoffman, has said that in order to on services, 5; All other items, .4;

49% do this Europe must cut its im Top Emprovement, 7.1.

still leaves an They spid 172 ports trem the United States by

of 4 billion

US$1,000,000,000 and increase [is] uncovered defimated ran

exports to America by US$400, which

covered.

be through earnings of

$214 000.000. 10% Mr. Hoffman is optimistic about gold and dollars to triangular 054 Europe's ability to sell these ad-trade with other countries of the South Africa, West 921ditional goods providing they world, notably 446 concentrate on sales techniques Africa, Ma

Malaya and Indonesia. It that such earnings and the requirements at American is expected

also cover the dollar deficite markets. He also points out that

19

90

104

58%

1R

the US$400,000,000 worth of new which participating countries will United States Imports which ECA have with Canada and the Middle feels would be required is such a East."United Press. amali-75

percentage of the total 57% American production that it will 11% not

America's domestle

Gain in exports

hurt

42% economy.

ԵԱ

BRA

An ECA statement

457%

the question made the point that "t 49 is diffleult to see how increased 1474

011

10

of

DOLLAR LOAN

TO AUSTRALIA

Canberra, August 23,

The Acting Prime Minister, Arthur Fadden, said today that],

Imports of US$400,000,000 mio a 44 country which is now producing gonds each year to a value US$140,000,000,000 could have the International Bank's US$ 17 ruinous effect, especially when it considered that n substantial part of this increase would com sist of goods which are not com- American produc- petitive with Bon"

344 32

44T

49%

91%

21%

72%

H2

100,000,000 loan to Australin would pay handsome economie returns and enable to country to play a more effective part in world economy.

"The loan will provide Austra- The ECA statement estimated that by

1953 Europe will be a with plant machinery needed for development during the next able to

its present manhga

will break pro- two years. and US$2,000,000.000 annual dollar duction bottlenecks," and Mr. deficit with the United States Fadden, "Repayment in the following tash

tashish;

within Australia's capacity."

well

1. European-Imports from the The International Bank an- 31% United States would

33

39

20

2016

32

Steel Lines Westinghouse Youngstown Sheet & Tube. 08

16% Gen. Pub, Utilities

Bonds edged upward. Among curb gainers were Middle States Petroleum, Barium Steel, Hum- ble Oil Associated Press.

NOTICE TO CONSIGNEES CONSIGNEES PER

BARBER LINE

M.S. TANCRED"

to

drop nounced the loan on Tuesday.

2. European exports United States would rise from US$700,000,000 annually to US$1,- 100,000 1000 omninally, a gain of

from US$3,500,000,000 to US$2,- Professor Sir Douglas Capland, 400,000,000 annually, saving Vice-Chancellor of the National US$1,100,000,000;

University, said that, with the the target of 200,000 increase in the population annually by immigra- tion, the loan would be a disin- flationary device.

Profeskor Copland, former Government economic adviser, sold that due to immigration Australia's population was in- creasing yearly-mited Press,

US$400,000,000;

MAERSK LINE NOTICE TO CONSIGNEES

The M/V LAURA CHICAGO GRAINS

Chicago, August 29. Soybeans jumped several centa

Orthed.

MAERSK" having arrived from New York and Ports of call, Consignees of Cargo pre boreby notilled that their goods are being landed and the rest of the grain market and placed at their rink News that Germany would

take a substanija! "quantity" of] Are hereby notified that and expenses into the North

Wharves Limited | cash beans, posilble damage to| their cargo is being discharged Point

at North Point, Canadian crops as a result of the Into the Hongkong & Kowloon godowns, Wharf & Godown Co's godown where delivery may be ob railroad strike in "that country, export sales of cash wheat to where it will be at consignees thirted as soon as the goods toxice and reports of stem rust rink and subject to the Whorf's are landed.

In the NarthWest stirred up buying interest. terms and condition of storage.

Wheat closed 1 to 1-% higher. and where delivery may be

September 72 $2.25-$3.24%. oblained.

$2.28 Deterior

3.29-$2.30. March

Cora was 1 to 1-5% bigher. Data were to 'cent higher, He was 2-4 to 2-4 higher. Soybeans were 3-ki higher Associated Press

Optional cargo will not be landed here, unless, notice has been given 45 hours prior to Damaged packages are to be vessel's arrival, but carried on left in the godowns for ex- from port to port to the final. amination by Consignees and port of call to which t option

the the Company's Surveyors, extenda. **** Mesars. Goddard & Douglas

No claims will be admitted

at 10 am. on the 28th August, after the Goods have left the

1950.

Godowns, and all goods remain

To comply with the General Ing undelivered after August LONDON STOCKS Bonded Warehouse Regula-31, 1950, will be subject to tions, consignees must have a rent Revenue Officer in attendance

London, August 13. **SPEK Exchange was qujolly rin 'on' the opening of a All broken, chafed, and two-wreck despunt period, when damaged dutiable goods damaged Goods are to be left Filmncis was asslated by the are oxamined.

in the Godowns, where they encoinizing trend of events th No claims will be admitted will be examined on August the Korean warzi" after the goods have left the 20, 1980, at 10a.m. by our steamer's godown, and all Surveyors, Messrs. Goddard & goods remaining undelivered Douglas. after the 28th August, 1050,

"Most Government issues re- corded gmail gains. and 911 looks showed spaltered

will be subject to rent Bonded Warehouse RegulationAsociated Fress

To comply with the General pgainst the consignees must have a

my. “ANDAMAN”

m.v. "TONGHẬT”!

.27th Aug. Early 'Oct.

SAILINGS TO KUROPE

m.v. BENGAL”

End Sept. .End, Oct.

All claims

Rift Undersin

“4hb 4th Sept

they will

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, LOTTERDAM, PREMEN, HAMBURG,

OPENHAGEN, OSLO & GOTHENBURG

Dooptanks svalleb}g fer Bülkali. GILMAN & CO., LTD.

stedmer must be presented to venite Officer in attendance

on or before when damaged dutiable goods

or are examined. dised.

All cinims must reach us

Waterboats 28.

Ana Nav, 31.

Docks, Wharves, Godowne, Etc.

HR Kowloon Whares 6th.

North Polat Wharter Sn.

hanghai Hongkew Wharves in.

HK 'Dock' 22.

China Providents 87ck. Shanghal Dockyards 36.

By heelocks 19b.

Mining

Itaub Mines 4.70%, TK Minen ALDR

Lange, Hotels and Buildings HK & Shuhal Hotels ApØlt. Tik Taude Jaton.

Ahinghal Landa 1.168, 129.

Humphreys tin.

8 Nesles 1.00.

Chloese Fitnica 1107.

Public Utities

HK Tramways 10,30b. 2012.

Prak Trams (DW) 19.

(New) in.

Star Ferrien '0.

China Lights' (Old) 0.70%, 01494.

(New) 415%.

# Electyles 1914), '1945×0. Macao Electrics 13.

Now 10%, Bonus B.) 10% Rangakan Llukte 82ân. Telephones Dyn.

(R) 200. Shanghai 145.

Industriale cam, waer; (Ord) 225h,

Casten love

Cements B1⁄4n. HK Rape In.

Stores, Etc. Dairy Farms 10¦¦ A, 685aa.

(lt) Gob.

Wathana 2144b.

1. Crawfordi 204. Bingeres 21h,

Chinn Eimparfum 1. Stin Co., Ltd, ́1.70n. Kwong as Dont Blan Wing On (ISK) 40, Wm. Powell, 148, în.

Miscellaneou

China Entertainment 1. HK...... Construction (OM) ¡¤%¤.

(New) 1500.

Vibro Pings 114. Maraman Investments - Karuman (JFK) (75%, Shangha Lann 10b Shanghal Expine, 10). Yangis 20.

Coltons From £3, 2.00 2.

Rubber, etc. Companies Alma Extith" 195.** Anglo-Dutch 301, Anglo-Zovná „18h.

Hatu Ahanto (n. Itate Fitation 55. Chemor United „45m. Cheng Rubbers .155. Convalidated Nabbers 1.55h. Dominion Rubbers In. Jan-Consolidated

in.

Kota Bahroo0), 130, Kroework Java "JR}}}, Tangkaữ 30h. Padang Rubbers 110%. Tapah Itubber 15, Hübber Trusta §.201..

Batanes Nishiharu 190g. Senibu Kahders ·20b, Bhanghai Kedahà' 4.05ft. Shanghai-Menon' 10hi. 'Khanghai "Påbang 1986, 2018.

Bhenghai Bantras Ib. Sun Mangali (atn. Supael Hurts 17line

Tebone Rubberi” „Ins Zinhibe Wübbers - 501,

BUSINED'S DONE **(**Direct Businesa) -STIC Tank 204 '81,105, 15 ́#1 $1,445.

Wheelock 110 at 11936. Shanghal fand. 1,000 mu-$1.20. 2. TỶum 4,000- as: #1015- '-, Chipa Light (014). 800 xk+$95.

- Delry Farın 200 mt 16.35.0

Watson 199 si pana

3wn 400 at #25%, 1009 ja siku. Ania Nav, och at1⁄2"rente. * Bhanghai. Pahang ($2,008 at 48-kanta.

Kota Bahrom (1,000 KE BE,

Money Market

Industrialak na trh.

- grɗall' gains which also extended US dollère (opened yesterday DÍ HK$0.39% and, closed, at to several steel stocks.

Financial Time index 113.7. $0.3432 which was the highest

rate of the

The lowest Topened at HK$0.30 and #closed af. $9.30, M

Industrial fuld recovered tegni

*provibus" "day's, drop.LT oponed at HK4200.00 Idol and rapsed from $297,00 to $300.9

#itering dropped duợp cente

Sadiq tulipo: pounds were vrage

NY COTTON

New York, Bjígust 24. Cellon ulure were steady 101

No Fire Insurance will be before Septimber 24, 2000, or ques

effected.

they will not be recognized.

No, Insurance will be effecies),

ESSEN & CO.

$1600 Hong Kong,bAugust 04, 1930,

AMERICAN PRESIDENT LINES

The Global Fleet

St George's Bldg.

Tel. 20172/5.

TO HONOLULU & SAN FRANCISCO.

Pres. Cleveland.

Gon,

Gordon..

Prox. Wilson

via JAPAN

Arr. Aug...30

Arr. Sept.

0

Salis Aug. $1

Galla Sept. 7

1. Art. Sept. 19 Balth Bepf: 20

TO SAN FRANCISCO & LOS ANGELES

Pree Taft

Pres. Madison

við JAPAN

Arr. Bapt. 12 Balls Sept. 19 Sopt. 10 Arr. Sept. 17 Balls

TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST & PANAMA

יי

Mount Daylı

Fltimore Proo

Arr. Aug. 20 Bails Aug. 0 Balle Oct Arr. Gat ROUND THE WORLD

27.

VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, KARACHI, SUEZ, PORT SAID, ALEXANDRIA, NAPLES, MARBEILLES, GENOA, NEW YORK and

30 Balls Aug. 31 17 10 Balta Bopt.

BOSTON

Pres. Harding

Proa. Van Buren

And Aug. Art. Bapt.

BENDLINE

THIP +BENALBANACH"

"BENATTOW" "BENCRUACHAN” *"BENVANNOCH"

HUENCLEUCH" "BENVORLICH" "BENMACDHUPI

"BENCRUACHAN” "BENVORLICH"

"BENVANNOCH"

- "BENATTOw"

"BENCLEUCH" ....

37.200

ARRIVALS

FROM

U.K. yla Bingapore

BAILINGS

-DUS- 27th Au 29th Aug

on or abt 12th Bapt

**22nd Sep

26th Bapt

London. Antwerp, Rotterdam, & Hamburg

Genga, Lo Havre,

Liverpool, & Hull.

Liverpool, Glasgow, Dublin, Antwerp Rotterdam.

1 Accepts Cargo for Japan.

15th Co

29th Oct

Loading on or att

--16th Bap

10th OF

25th Bop

31st Au

28th Bap

Via Singapors, Cotombe, Port, Sudan, Aden, & Suez Canal.

For Further Particulars, Apply To-

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

York Building

Agents

-Telephono: 34185;

THE EAST ASIATIC CO., LTD.

M.S. "MORELIA"

LOADING ABOUT 30th AUGUST

M.S. "INDIA

LOADING 10th SEPTEMBER

for

ADEN, PORT SAID, GENUA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, COTILENBURG & COPENHAGEN

M.S. INDIA" WILL ALSO CALL AT ALEXANDRIA,

THE EAST · ASIATIC CO., LTD.

Tol. 34111 & 34112

Queen's Bldg., Zad Beer.

"WEEKLY CHINA MAIL

CONTAINING ALL THE LOCAL NEWS OF THE WEEK FROM THE "CHINA MAILI" & "SUNDAY MERALD"

Price 50 Cents

ON SALE EVERY THURSDAY.

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