1947-05-10 — Page 8

China Mail 德臣西報 中國郵報 All

JAVA-CHINA-JAPAN LIJN N.V.

King's Building. Connaught Rond,

"Tel: Shipping Dept. 28016. l'aannge Dopt; 28015. Chinese Agents, Connaught Road, No, 82, Tel. 25138.

Silp

m.s. "TTJALENGKA“

Ship

in.s. "TJISADANE”

L. "THRADAK"

"

Changhal & Amuy,

10 MAY

due from

Macnear/SunrnExyn/

ar what is ny.

Kode/Minulla /

Amoy, 91 LAT alevet 24h May.

Baing for Mantar

Bemarane, Intavin.

12th May.

Balling for Any&Shung:bs|

lut 23 May.

Balvin, Bennennt, Butralenza, Muroviny, on ur about th May.

ROYAL PACKET NAVIGATION CO., LTD.

(ORIENT JAVA AFRICA LINE).

Sue from

Chip

Ingr

ms. TEGELBERG"

mr. TEGELBERG"

In tert

Sund 2th May.

Mhenthal 1798 May.

Londlet for Bomb Africa and Bl America 24th May.

*kip

(DELI-STRAITS-CHINA LINE)

Hailing for Anany

THE CHINA MAIL, · BATURDAY, MAY 10, 1947.

CHINA ECONOMIC POLICY Radical Revisions To Be Proposed

H.K. Stock Exchange

*The Hustlet was fairly active,

tank,

while the rest of the markel was shearly.

1.K. Gart, Fannst 89 Loan 1079kemi

a Iso 1930.

Exchange Control N.Y. Stock

To Go?

Nanking, May 8.

following fondo, showed a big advane Chiang Yun-tlen, Democratic Socialist · Minister without portfolio, announced today that he will propose to the Executive Yuan tomorrow radical revisions in China's existing economic policy, calling inter alla for the lifting of con- trol over foreign exchange rates. ·

Banke: B... Bank 20250, 29pusa. Bam Mens 19; Chartered Bank 12-5/16: Maroantile Bank A. & 1. Bunk Font Axin 118, 12

Irmer Canton, Inn. 4500; Unkn

Inn, azati; Chlow Thaderweliora Mürte, hi What consideration this plan will be given by the Executive Yuan and what possible chance it

I., Fire be 3302

Shipping: Boucles 270b: N.K. A M Steamboats in Ann Chile (Prof.) 17.

III.) 360 Shell (pect) 16/37 Union Waterkonte 15. Hes, Bin, ex, SP, 181.

忙。

Docka, Wharves, (induwny, ele, H., & K. Where 20, 26: 11.K. thicke'-q. Kr. 2: China Provident, 205, 221 12: Isbal Dockyards Pix,

Musings Bond Mines 700; 14.K. Mipes

Bus from

ma. "VAN" HEUTSZ"

Swar A

120 Mo

Mộc

m. "VAN BEUTSZ

Stun ₫ Xanļavas

Bal May

Bibi pony, Panor £ 1.ser D-B,

1th May.

Bha

SILVER LINE LTD.

m.. "SILVERWAŁNUT"

m., "HOPERIDGE"

doa Trups

I just

New York, B, Pennozaru

& Vancouver, on br Bloch Me Jusse.

Helling lot

Scottle co for blood DI

My

Penn. Kangstone,

1,5, Alan

A King,

HOLLAND-EAST ASIA LINE

AMP

2.1.

"THORBECKE"

dne, from Shappin

May th

B.D. LORENTZ"

Zu purt

Leading for Bloxspare/Colombo/ Port BayAntwerp/ Genon (Surveillan

Hefterdari/Amsterdam/ Hamboru:Copendayen/ Guthralmer/Osto,

Mar 14

Manila/Singap

Cembert Bald Giesen/Murwelllow ?

Answergs Kolteziłem/ Amsterdam, Hambastic/ Papenbaren / Gothen-

Jut

THE EAST ASIATIC CO., LTD.

of Copenhagen

M.S. “KINA”

Loading for

ADEN, PORT SAID, BARCELONA, (or CADIZ) TANGIER, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG & OSLO, also recepting cargo for Singapore, and Colombo

About 15th May

Tenks avalable suitable for the carriage of oil in bulk

M.S. "MANCHURIA"

loading for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG & OSLO About 21st May

J

Tanks available suitable for the burrlage of oil in buik.

For further particulars apply to: THE EAST ASIATIC CO., LTD.

Queen's Blg., 2nd floor.

Inside, Bella & Hđạn 11. MIN HOL Jul, 205 ye 25 11, 1, 1.unds (62

Blavebat fansels úter Humphreys

alkan, 20kirm; N.K. Remklas 1, 2 Drag Chumne Pakalen 2009.

Public Dutiles) 13.K, Trainways. 12334.

Pak 'T' 11. Now 10: Utar Forrim 120x1 Ynatomi Foreley 36maki Pillun fight a 10th 16+ 124 Don, (Now) 12%, 125; 2: in BK Eleetples 175gh, falan, 95-677g/

Mario Eletzten 201yn: Saplaken Light 121,1; Telephones (Old) 56h, b7m, 17/AR lyna, New) Alan,

Industriales Canton Tees That: GelgmTIEN 2x H.K. Bopes 19328, 10lumn,

Stores Av: Dalty Parton 6TH, KELLAD on: Watsons 476, 471jon; Lane, Crawfords 2016, 30%,, 30%, an: Hinzeren Ita: Chlon

Bun C, tes Emporium 19 NE Kwang Song Hone Site; Wine On MILK.) Ph: Win. Powell, Lul, Glob

Miscelaneath

:ויז

binn Entertainmenta ZAN, DATA, Plans: 11,8. Cootereflant Ayben trea; Vibro Viling f, hz Mutama Davestenente 11/än : Muraman (B.K.) 1/GA.

Cottone; Ewus Blu

Loan Funds Dwindle

Washington, May 9. Chairman William Martin. of the Export-Import Bank's Board of Direct: rs, told The House of Representativen" Banking Coin. mitler today that the banic's un. ecmunitted funds for loans have dwindled tn $800,000,000, of which $500,000,000 is cormarked for China.

He urged the Committee to en-

has for adoption, Minister Chiang declined to predict. He stated simply that he had discuss- ed the plan with ministers of state, who ex- pressed no opinions on it but suggested that he put it in writing and submit it for discussion to the Executive Yuan, which is to hold an ex- traordinary meeting tomorrow on the subject of the present economic crisis. Minister Chiang's proposulf

would first lift the Government.

control ser foreign exchange London Stock

Tate although no change in the MANUTO Balk in free on the nge of foreign exchange woubl be recommended.

Market

Londin, Muy 3.

Market

New York, May 9. Oils and specialties advanced in a quiet market whieht general- ly was lower, Professionals held to the selling „ide on the idea that last week's rally corrected oversold condition. Shores transacted were 070,000. Earn- inge and dividend prospects help- ed oils.

ал

new

Standard of New Jersey and Texas Company touched bighs Texas closed at Al up Lion Oil added 2% at 46%, Ameda Petroleum

was up 1 at 94, Vulcan Detinning was up four at 360, American Woollen dropped 14 at 31 as reports of a fur- ther layoff in this industry were

board.

Tho . Dow Jones Stocks 60.54;

171.76;

averages: 20 Industrials 41.73; 10

15 Rails

Utilities 33.75,

Cining quotations ---

Adana Exbress 114, Alaska Junema 4, Americans Can 01, Americen Burking

American Telephut $42, Ameri

can Tobacco 60%, American Waterworks

11. Anaconda Copper 8, Aviati Corporation 1. Paldwin

19%. Barnsdall' 28%, Benátk

Locomotive

Aviation

He said that the present ex- Decreased animation, coupled change rate control in "useless with Buine preft taking, mode for and harmful to the Govern-ttle irregularity in final dealings, but nevertheless the undertone on ment."

stocks market was. Bethlehem Steel 81, Boning Air- Its present disadvantages are the London

craft 174, Borden Ca. 13% Canadien J'elle 1. 3. 1. Chan 332). Chrysler that while encouraging imports, generally firm.

Bullsh funds held firm through-ro, Catante 4, Commercial Balvesta it discourages exports and dis

out, except cid Consols, while was | 2115) Corn Products 0015, Timona 19849, courage remittances from ever- anal cred, while foreign bonds re. Eastman Kodak 1945, Bluetele fanht & sens Chinese, both fretors enus corded ittle

Power 123. General Fikettie 31. movement apart tieneral Motors GG Guolrich M4, the Government to inty

+24 -

from slight speculative support for Goodyear 46%, Greyhound 89%. Honu foreign exchange.

sume Europeans and dullnose in slake Minint dili, International Har- Minister Chiang belleved, that Chilean and Peruvian Issues. stor 82. Interrationi Paver 4514

Julies exchange #fting control over

International Tel Tol 18%. Manville 11815, Kennecutt Copper (49%. rates with publication of daily

Montgomery Ward 634. Nation Di titers 1946. National Leash 28-1. Nor rate by the Bank of Chinn in African gold accordance with market chiangos] initial gains, mainly owing to the York Central 184. Packard Mil will bring new life to China's lack of Interest. export, trade and increase the Olla were firm Biroughout but inflow of overseas remittances, tens and rubbers were undecided. He admitted that lifting such Aming foreign rails, Brazilians contro; worth have an adverssume in for renewed speculative

support, with Leopoldina effect upen imports but declar ference rallying four

points. od: "China needs foreigu change, not foreign tummodi- itles."

Excess Profits

Coppers clused above the lowest while on the other hand South their

ex- Reuter.

A second proposal to be mude by Mr. Chiang is that excCHN profits on basic commodities to dorse speedy approval of the mea-be applied to the purchase of Stre outherizating the reincor- porstien of the bank. This is necessary if the bank is to con.

❤ue beyond June 30, 1948.

Martin said the bank has out- standing loans of $1,500,000,000 and has muthorized, but not yet

Chinese bends and Treasury

NGLES.

shares lost

pre-

Anglo-Soviet Trade Talks

Pan American Airwaya 114. Pemsyis vanta RM 19.4. Radio Corpuration B Rew Blk 11. epulatio Steel 102.

DEL 20+

Bernalds Toberca 18. #chenley $1%, Bears Rorbuck 32%. heli Socany Vacuum 15%, Southern Pacin

87%, Blanderd Brandi 40%, Blandari Oll of Calif. 46%. Standard Oil of N.J.. 71. Studebaker 10%, Union Bag 2016. Union Carbide A. U.8. Bolder 47. (1.8. BE 67% 1.5. Liuen 2023 Westinghouse 24%, Youngstown Sheet 4 Tube 43.-Asociated cus

AMERICAN PRESIDENT LINES.

REFRIGERATION-SPECIAL CARGO OIL TANKS——

CARGOCAIRE-SPECIE

SAILINGS

SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA &

93 "Hamlion Victory" SS "Marie Lynx" 99 "General Meigs"

88 "General Gordon"

HONOLULU

(Direct to 5.F.)

May

13

May

17

Juno

18

June

·47

PACIFIC COAST VIA MANILA

SS

President Grant".

May

18

NEW YORK- AND BOSTON VIA

SAN FRANCISCO AND LOS ANGELES

SS "Vanderbilt Victory"

May

10

S8 "Lane Viciary"

5S "Rutland Victory"

Juno July.

་?

August

88 "Willamette Vietary"

NEW YORK AND HAVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS

99 "President Monroe"

SS "President Polk"

SS "Will Vickery"

MANILA

S8 "Merine Lynx"

May

18

May June

28

Mny

AMERICAN PRESIDENT LINES, LTD.

St. Georgo's Bldg..

Tel. Nos. 28172/28176

11

Pacific Far East Line, Jee.

TRANS PACIFIC SAILINGS

To San Francisco & Los Angeles

-SPECIAL CARGO OIL TANKS—

s. "LAKEWOOD

VICTORY"

*s.s. "DREW

VICTORY"

as "CONTEST" A.. MIDNIGHT" 5.8. "FLYING

DRAGON"

Dua

Saila

May 10.

May 11

via Yokohama

17

18

viz Saigon đổi

#1

#1

June 3

June

*Accepts cargo for Suigen.

Yokohama

direct

Via Yokohama

13 June 14 Direct

American Pioneer Line

Arrivals from New York, Boston,

Other Atlantic Ports, via Panama

is. "RESOLUTE"

8.4. "COURSER"

5.8. "AMERICAN FLYER"

Die

May 20th

26th

++

Juno 9th

Sailings to New York, Boston,..... Other Atlantic Ports via Panama Canal SPECIAL CARGO OIL TANKS—

"We have had very full

und Moscow; May 8. extremely friendly discussions British industries may begin on a wide range of questions, both the manufacture of some goods as regards supplies moving from for Russla only if a satisfactory une country to another in the im contruct can be arranged.

mediate future and as regards de.

1.8. "RESOLUTE" Mr. Harold Wilson, Parlamen. | velopment of long term trude."

to the Overscas Trade Įtary Secretary

talks lasted here

B-S. "COURSER" for

4.3. "AMERICAN FLYEIT"

.F

Commodities dider this plan, which Mr. Chiang sald is de signed to absorb idle capital, will include such casentials as Department of the Board of three weeks and "both sides feel rice, flour, mul vegetable „il. Trade and head of the British the talks have been extremely Minister Chlang's third and Trade delegation, auld before leav- useful," Mr. Wilson said.-United Its Inst proposal is that banke, ing Moscow today: pritl administrative expertes! Government and private owned, from its earnings, covered its siruld extend loans to enter. "small keses," and accinnotated prises primarily as an advance over $52,000,000 in reserve. on commodities to be produced.

made. loans of $1,200,000.000.

He said the bank has operated on a "substantial profit."

He raid when the International Bank opens for business he hupes the Export Import Bank will be able to concentrate on the stimu

lution of the United States foreign trade the purpose for which it

This would apply only to pro ducers of essential commodities, for which the excess profiis re- this system, the Government |gulation would apply.. Under

Could to a greater extent "con-It trol commodities production through those enterprises, and control the use of loans by the The Finnish Government has ac. | enterprises”.—Reuter., quired a loan of $1,350,000 from;

wus originally intended. Asso

ciated Press.

Helsinki, Muy 8.

Genorat Mctors Corporation of SHIP MOVEMENTS

| America for the purchase f

trucks, a Finnish Foreign Offiço |

San Francisco, May 9. The "Joplin Victory" arrived sprkesman said today. The loun carries interest of 3% per cent from Manila, the "John Martin and is repayable in two years Miller" sailed Wednesday for

Yokohama-Associated Press.

Tel. 34111 & 34112.

| Reuter.

PRINCE LINE

U.S.A. PACIFIC COAST--

FAR EAST-HALÍFAX-BOSTON-NEW YORK

M.V. “SCOTTISH PRINCE”

A BRITISH CROSS WORD PUZZLE

Loading New York and U.S.A. ports for Manila, Shanghai, Hong Kong and Singapore. Due Hong Kong late May,

10

13

115

16.

Loads for Halifax and U.S.A. via Singapore and Port Said.

17.

1877%

20

Tel. 80311"

JARDINE, MATHESON & CO., LTD.

Chinese Freight Agents:-CIEONG FAT CO.

54, Bonham Strand.

Telephone 20087

THE HO HONG STEAMSHIP CO. (1932) LTD

5.5. “HONG SIANG”

EXPECTED TO ARRIVE FROM RANGOON & STRAITS

PEND OF MAY AP

95. “HONG KHENG” SAILING FOR SINGAPORE

LOADING

-10th May

Subfach, to

Wes, PanakyaZIEN

· SAILING::

11th May)

Clues Across

1. Request

Armly, 4. Uncouth.. -7. Serapon 22

8. Gelatinois.

substance

10. Lounad..

www.quality. 17. Vehicle 19. Bats 27

·20."Birá af,

12. Legislator, 24

16. Rollevadk

16. MULCH

Clues Down

4.4

1. Impáass; P 12 Hazzed.

2. Bosnen. .12. Bultched. Be Nakoda:18. Bulim

5. Caused to? The fighter.

fanation,"

polka Anawars C.-Liquid 181

Press.

People's Car Plant

For Sale

"London, May 8. was officially stated tonight that the committee of inspection of Grantham Productions, Limit- ed has decided not to pursue further negotia- tions for the production of the "Gregoire" car at Grantham, but to invite offers for the ac- quisition of the plant and stocks which are under the control of the joint liquidators. Gregoire was one of the pro-1- ducts of the company, which also made the "people's car.

It was announced last week that the Maharajah Jamsahib. of Mawanager, after a visit to the works at Grantham, woS | not to buy the "people's car.” and before flying back to In-1 lia, he withdraw his offer to the liquidators.“

NOTICE TO CONSIGNEES ·

CONSIGNEES PER 'S,S; “IVY G"

are hereby

Kowlcon

notified that their In a statement Issued before cargo is being discharged into he. left London Airport, the the Hongkong & Maharajah said that he had de Wharf & Godown Co's godown," cided, after thorough In-Where it will be at Consignees' vestigation, that "ip view. of risk and subject to the Wharf's the present economic condi. terms and conditions of storage, tlons, development and pro-and where delivery may be ob duction of cars or tractors at tained.

Grantham is not for him

practical" proposition.”—Reuter. Damaged packages are to be left in the Gedowus fob |amination. - by: consignees, and] the Company's: surveyors, Mesara. Goddard & Douglas, at 19 a.m. on 26th. May, 1947.

Anglo-Polish Trade

London, May 8, Under

provisional arrangements |·for · Anglo-Polish tradbyte Poland, vi plans to import from Britain during

To comply with the General Bonded Warehouse. Regulations consignees must have a Revenue 1prices in attendance when damaged dullahle goods are ox- affilied.

the best throp years reeds to the No claims will be adraitted

Sails

May 23rd May 27th

June 11th

For Full Particulars Call

UNITED STATES LINES CO.

General Agents

314. Queen's Building.

Tel. 31251 (8 iines)

The SWEDISH EAST ASIATIC Co., Ltd.

OUTWARDS TO SHANGHAI

M.V. MANGALORE

discharging H.K. about 18th May HOMEWARDS TO EUROPE

M.V. TRAVANCORE.

loading H.K. early June,

Tanks evallabio suitable for the earrings of oll in bulk

LOADING FOR.

PORT SAID, GENOA, MARSEILLES, ANTWEEP" ROTTERDAM, COPENHAGEN, OSLO AND GOTHENBURG.

For further particulars apply to:--

GILMAN & CO., LTD.

Agents, Telephono 31146.

KLAVENESS LINE

Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE.

m.s. CASTLEVILLE m.s. GRANVILLE

SAILINGS

ARRIVALS

ms. GRANVILLE

PASSENGER ACCOMMODATION.

Chinese Freight Agents. HOO FOOK PING

THE BANK LINE (China) Ltd.

SAILING Br-JUNE. SAILING 615 JULY

DUE 1st JUNE BULK OIL TANKS, I

Apply

THE BANK LINK (CHINA) LTD. King's Building. Tel. 27702

total value of £36,800.000, sit after the geode have left the DOUGLAS STEAMSHIP CO., LTD.

Stafford Cripps, President of the steamer's godowns, and all

Bodfil of Trade, said in the Ficuse

of Commons today anderes gooda zymkhing, undelivered

Of this sum, up to $20,000,000 or the 17th May, 1947 will Aro earmarked for raw malariali, de fubject to rent including wock rubber, en And

graphiteť múst £13,000,000, ktor machidarý -- and nufotherfig

During the. Poland proposes to tain

the

All claims against the steamer

just he presented to the in-

did icon or before the

1947. or they will

Insik union--will

S.S. “HAIYANG”. Sails for Swatow

on or about 15th May Babjeas" to, alteratioit, without Motion. Particulats of Freight £

DOUGLAS LAPR

LTD.

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