1947-09-12 — Page 8

THE CHINA MAIL, FRIDAY, REPTEMBER 12, 1947.

JAVA CHINA-JAPAN LIJN N.V.

King's Building, Connaught Road,

Tel: Shipping Dept. 28016. Ponnage Dopt. 28017. Chinesa Agents, Continught Road, C. No, 82, Tol. 25138,

due from.

Sailing for

"TJITJALENGKA" Malla & Amoy, Singapore, Batayta,

"TJISADANE"

141 Sept

Macassar & Java ports, 17th Sept.

22nd Sept.

"TJIMENTENG" Japan,

"TJIPONDOK" Japan.

Semarang, Sourabaya

& incassat, 17th Sept.

Amoy & Shanghal,

2011 Sept.

Macassar, Sourabaya, Sevinrang & Batavia, 23rd Sept.

Java poris

Late, September

Agents

K.P.M. LINE

(ORIENT JAYA AFRICA LINE).

due from

-Port •

Sailing for

Ship "STRAAT

MALAKKA"

12th Sept.

Shanghai.

Loading for

Manila, Singapore, Mauritius, fleira,

Durban East London, Port Elizabeth.

Mosselbay, Capetown. Buenos Aires, Monte- vidro, Santos. Rio de Janeiro,

23rd Sept.

Transhipment carzo an through bill of Inding accepted for Dar Es Salaam. Mombasa & Zanzibar.

"TEGELBERG" South America

Ship

& South Africa 25th Sept.

South Africa

& South America. October

(DELI-STRAITS-CHINA LINE)

due from

"VAN HEUTSZ" Belawan Dell,

Penang &

Singapore.

26th Sept.

Salling Ter

Swatow & Amoy.

27th Sept.

"BOISSEVAIN" Rocking for

Ship

reconversion

Agents.

salling for Singapore. Penang

& Belawan Deli, 5th October.

Stugapore,

October.

SILVER LINE LTD.

due from

Salling for

"HENDONHALL" US. Atlantic ports Straits, Colombo,

Agents

Ship "HUGO de VRIES"

via Manila &

Shanghai,

14th September

& U.S. Atlantic Coast via Suez, 18th Sept.

HOLLAND-EAST ASIA LINE

due from

tu pert

Sultable cargo tanks for bulk all

"BREDERO"

Sailing for:

Manila Slogapore!

Colombe Surz Port 8ald/

Genas/Marseilles/

Atwerp Botterdam/

Amsterdam/Hamburg/

Copenliagen/Gothen- burg, Oslo,

12th September.

Europe

early October

"RIDDERKERK”Europe

Manila/Singapore

Colombo/Suez/Port Said/

Grisa/Marseilles/

Antwerp/Rotterdam/

Amsterdam/Hamburg/

Copenhagen/Gotherburg/

Oslo end Delober.

Manlia/Singapore /

early October Colombo/Suez/Port Said/

Genoa /Marsellies/ Antwerp/Rotterdam/ Amsterdam Hamburg/ Copenhagen/Goilien- burg/Oslo, early November.

DE LA RAMA LINES

I

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

U.S.A, LOADING DATES

Lords

Allantic Coast)

via

Los Angeles

From

Atlantic Coast

shi

Los Angeles

For

Date

Aild Sept. Mid, Oct.

ARRIVALS.

Date

To Port.

4th Sept. Early det.

SAILINGS

Date

Vessel

m.v. "MINDORO"

5.5. "DONA AURORA”

Vessel

my. "DONA NATI" 1.v. "HALLAND" m.v. "DONA ANICETA"

CHINA'S

CURRENCY POLICY:

CONTRARY U.S. REACTIONS

London, Sept. 11. American reaction to China's present currency policy appears to be so mixed that economists, expressing their views on the same day, have stated precisely opposite opinions of the likely results on Sino-American trade.

The Journal of Commerce, for example, stated that "The changed Chinese currency regula- tions permitting dealing in doliars around the open market rate may well encourage Chinese earnings of United States dollars through in- creased exports here and large remittances through legal channels, thus ultimately im- proving the outlook for American exports to China."

important provisos

This was stated to be the The stimulus to exports, it way! "e: usensits of opinion express said, could be largely offset by i ed in foreign trade and bank- further rises in inflationary ing circles." but the paper add-pilers, ad also remittance E some

sent to Chinn might not alwayr find their way through legs* channels if the rate paid for United States delars became too much below the black mor ket rates.

H.K. Stock Exchange

An active market, youulting in a heavy turnover. Buyers were again willing to Calvager their beds, particularly for the Imore popular stock

Telus etes 3,36 pm, 7 n.x. Gast. Jan

44 1.uak 314 Ton in.

Bank JIK # 11. Dah $749, 1947+

Hank 11: Mercantile Hank A. & IS. Cen Hanhof Fast Asla 19"b. Insurancets fanton Tos. SUDAN,

6,402, G10, sn; H.K. 13re Jus, 2×50,

Hhipping Dengluwen 2003; R.K. & M Steaminals Pegh; Info Phones Prett PIN.

179; Kel

en.

OPEN MARKET N.Y. Stock

Market

IN RATES SHANGHAI

Shanghai, Supt. 11.

T.T. on New York per US$1 per 40,000, sellers 41,000.

on Lorden per El Imp- era'118,500, selleří 121,500.

Frouard rates, "which are limited to three months, differ per month by not more than five per cent.

The appointed banks are al- lowed a margin of 500 points either way in the car of the Amerienn dollar from the Central Bank's rate, and margin of 2,000 points in the case of Sterling --Renter. "

1)

London Stock!

Exchange

New York, Sept.-10. Stacks shifted through a dali session until the final hour when a Apartment most leaders up frac tions to over, two points. Motion pictures gained on word that the the British might reconsider the

recent tax an American Olins.

740,000 shares were trailed. Touching tops for the year 1 rexponno to pleasing dividend were Creek Pocahontas Coal, up eight at 34, Island Creek Coal, up five at 62, Chicago Pneumatíe Tool up 2 at 3042

American Woollen Jumped 4% to 44 on estimates of increasing net and unfilled orders, Ahead one to two were 20th Century Fox at 27%, Warner Brothers at 14, Paramount Pletures at 23, Univer. ea! Pictures nt 17,

Dow Jones Averages | Stocks 63,30, 2 indekrimi 178.24, 15 at 4.10

Reports of Chinese bine! market raten for US dene will, therefore, be awaited with.

Ntion 36.44. much interest, as re'iable in-

Closine «Lock quolethonet Adana ExpY!"RY dientions of what may be ex-1

17, Alaska Juneau 45%. American Can pected in other directions.

*8%. Azerican Amelling 80%. Ameriens London, Sept. 10, Telephone 1894. American Tolaren 72%. Commenting on ተኩ ;

the proa.

The outstanding movement in American Waterwork 15%, Annen.la prets of an inercased two-way another day of quiet trading on

Copper 14%. Aviation Chep, G, Baldwin trade, the paper sald: "If the the London Stock Exchange wds Aviation 30. Betlilehem

Incomotive 37%. Darandall 28%. Derudi 10/15, Tan, Be 11: Chart Chinese exporter can get some the revival of interest and sharpeetox Aircraft 19%, Doalen Co. 184. Steel #74. 40.000 Chinese dollars for each gains provided by South African Cadian Parlße 11.4, 1. Cher 17%. US dollar received. Individuals sold shares, for which the Cape Chrysler RG, CHEAL 45. 410

Commercial Minion Jan. 794b, xo; Chinn Underwriters will be able to pay more to the was largely responsible, although Solvents 244. Corn Products 65, Butle

Chinese producers, With in-

Incal operations were also bigger 188, Eastman Kink 8. Beetle Light dividun enterprise thu

than of late, encouraged by the Power 165. General tele 16% belief that the lines of shares General Motors 55, Godrich 8215, Genpl- thester Couraged, it is hoped that more overhanging the market had beenr 4415. Greyhound 1. Homesthe Mi

products for export will be liquidated.

Ing 44%. International Harvester, AV, collected, transported and avail-

International Paper 8, International T. British Government securities. Tel. 10, Johns Manville 40%. Kenne able for export."

after losing th to of a point, Coner 45, Monteumery Ward Bat Gloomy View trecovered owing to a bear closing. National Bisters 2014 National famil The Wall Street Journa', [ Industriala were again arm bat. New York Centent 14%, Parkari

trading however. to k

Malora 4%. Pan American Alzwaze 9h. limited. Steelx opposite

Penneylvania R 15. Radio Corp. H. lew to the Journal of Com-ponded to the higher August Resin T

Republie Bm] duction figures and motors 40 Renolds Tobacco 10%.

G mevee, in stating that "Sino-increased exports. Foreign bon 1 Bears Joebuck 97, Bhell Oil 30,-Sonny Schenley 20. American trade prospects, alwerp again noteworthy for the Vacuum 16, Southern Parlar 49%. Stand- ready gloomy, won't be helped speculative support accorded to ani tramde 20%. Standart Of of Calir. China's new exchange pa-Europeans and to revival 61. Blandard Ol of NJ. 74, Hisolebaker ey."

interest in Japanese issues. Oils 0%. Uniors Dag 81, Union Carbide 10, U.8. Rubber 42%, U.S. 9ter) 70, 1.9. were quiet and dull apart from

Lines 10%, Weltinghouse 27%, Younet så net improvement in Mexicanos: W Tube 42. Gen. Eagles-Router.

Utile 14.-Auoclate Prexa.

MG 2010; 1er Waterboats cold 423,

New 40. An

Docks, Whartet, Gedawna, rie, H. & K. Wharven 10, Rts 1 2400, 237-6, EK, T | 1766, 19teht nach, a 6.K.

41, 44, 4255 149.37am. Chlon Per widest 25 b, 206, 251/an; Shankhal Cheekyarita (7

Minit Maah Mines Bigh; H.K. Min

24, 25, 214, 54% maz

&B Hotely I.K. L.d

CORD 245, 96, Mána. (New) 823, 864, 23 Can, (Rights) 251, 275 Shonibel Fame Huruphreys states 32, 3, 31, 3300 NK, Realtim 15: Chin Estate 19

the

The one bright spot this in. Palie uities: H S. Tramwaye 27%k. Per sous is for Increased Chi- nese experts of luxuries, such embroideries and faces. In conclusion, the Article

1910

11:

Th

34

261, /27 jan Peak Tran

(New) 1;b: Miny Ferries 133)

Youmett Ferries

C

gb 101-A 21 21, 21/214,

Was

ARGENTINE GOLD

Buenos Aires. Sept. 10. Sovereign, buyers CC.00, Kellers 49.00.

(New 15. I'm HK. Bert homily remarks: "Another!

20% /hom Macan Electries venr or two may ser a sizable Bauinkan Lichte in Telephones decline in American trade with COD X. tv. 47,3D, (Near China. Relief shipments prob- X.1 4.2.

industrial: l'antro to 741⁄2n: Comente

ably wi'l be much smaller IX. Rt. 3th, 34% (95nn, (Right) 23. Japan may begin to cut in as 294, K. Ropes 3, 09/24 rival in the China trade, 86.90, sellers 6.10.-Reuter.

Hiores A.; Dairy Fermin D35. it was in 1936 when, Jupan sup DISPOSTA: "Watsons Titan, PRZETLANTS

its imports

one-

: Lat. Crafords 641, 64755a; Rieplied Chinn with one-sixth of carpe 119, 1080in: Chien Emporium 14 Converted: Sun Co., 14.,5. Kwon Hope Hune 2006; Wine On it.K. 165: Wat d'owell, kt). #; b,

Th

Miscellaneous Chem Entertainments 31 K. Constructions 10k |≤New; &o; Viru Piling 6n: Marton Investraente 13,30; Marsman (B.K.) 1/64.

Esitans: a 16.

BUENOS AIRES EXCHANGE

k

Buenos Aires, Sept. 10. Buenos Aires on London buyers 16.30. sellers 16.33: New 404.00, 404.25; France 38.75 $30.75; Belgium 0.26, 9:28: Spain 27.62; Sweden 172.50. 113.50: Brazil 22.18; Switzerland 94.75.- Router.

ZURICH FOREIGN EXCHANGES

C.S. $20 Eagle, buyers 119.00, ellers 122.00.

Gold, Bar, per gramme, buyers

MEXICAN EXCHANGE

AMERICAN PRESIDENT LINES

REFRIGERATION-SPECIAL CARGO OIL TANKS-

CARGOCAIRE SPECIE

SAILINGS

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

8.8. "Marine Swallow" (Omits Honolulu) 5.S. President McKinley" (Via Manila) 9.8. President Jefferson" (via ManĦa).

..... Sept.

13

10

Sept. Sept. *NOTE: Third Class Passage Fare from Hongkong to fadiflo Coast is US$175.00 Plus US$8.00 for persons alto arn not U.S. Citizens.

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

65 "President Monroe" 68 "Mount Davis" 8.8. "Marine Leopard" 69 "President Polk"

88 "President McKinley"

88 "President Jefferson" S8 "General Melga"

......... Sept. ********* Sept

......... Oct.

Oct.

MANILA

Sept.

Sept.

Sept.

'AMERICAN PRESIDENT LINES, LTD.

St. George's Bldg.

* Pet. Nos. 28172/28175

Pacific Far East Line, Inc.

SAILINGS

TRANS PACIFIC AN

To San Francisco & Los Angeles

SPECIAL CARGO OIL TANKS.....

Dua

Szila

8.S. "FLEETWOOD" Sept. 15 Sept. 15 $.5. "PACIFIC BEAR"

20 8.8. "LIGHTNING"

21 S.S. "ALAMO VICTORY” ou “5 oc

S.S. "SURPRISE" .

Via Okinawa

+1

*

20

24

Via Yokoham

Via Okinawa

5.

Vla Taku, Jinsen

6 1

6

& Tokuhamaizin

Via Yokohama

Pioneer Line

Arrivals from New York, Boston, Other Atlantic Ports via Panama

Pub.

8.3. "RESOLUTE" 8.3. "COURSER"

TT. Mexico City on London buyers 1.059. New York 485, Paris 450, Zurich 115, Hong Kong 1,250. Bombay unquoted.--Reuter.

Peninsular & Oriental S.N. Co.

and tock seventh of its exports."

Lotufon economic circles, while welcoming the new policy. are strongly of the epinion that this. in itse'f, will not be: enough, but they hoped that it is, a prelude to further steps, such an attempts to make Chi- "THEWIDDEN" uese nationals dishard gold.

H.K. Agreement

SHIP

"OZARDA"

"DILWARA"

They also hope that it will increase the movement of, and] TREVEAN" the production of goods.

Mach more confident hopes; "BENKEOCH" are pinned the bi-lateral BENLEDI" agreement between China and Heng Kong.

"CANTON"

Although no detai's had bren received in London at the time of writing, it is greatly hoped that co-ordination of financial Zurich on London 17,335, New!

and trading arrangements be York 430. Paris 1.092, Brussela tween the two territories wi 9.87%, Amsterdam 162-30, Lisbon hep greatly to suppress the 18.15, Buenos Aires 105.60, Stock-current evasion of' régulations holm 119.63, Mudrld 30.73 and will benefit both China and Renter.

the British Colony.-Reuter.

A BRITISH CROSS WORD PUZZLE

2

18

Vessel

Atlantic Coast

13th Sept. 8th Oct,

m.y. "DONA NATI" m.v. "BENARES”

vig

Los Angeles

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO. INC.

Fedder Bullding

Tel.: 23076-23075

9

112

Chinese Shipping Office

Tel.: 23738--20153

13

14

15

16

[18

19

WATERMAN

STEAMSHIP CORPORATION,

MOBILE, ALA,, V.3.A.

Expected arrivals from U.S. Atlantic Ports:-

5.2. "LAFAYETTE"........about 13th September, $.8. "CITY OF ALMA" ...........about 8th October. 8.5. "AZALEA CITY"

about Mid-October.

Expected sailings to U.S. Atlantic Ports vla

8.3. "LAFAYETTE"......

Suez:-

..expected to load at Hongkong myba about› 15th - September.

For freight and further particulars apply:-

WALLEM & COMPANY

Agents.

-Houskone &-Bhangbal-Bank Mag-

Tél:"31177-9"

24

26

Clues Across

3. Mell. 8. Banished. 0. Gratification. 11. Pious. 12. Eagerly

excited.

I. Famous

racecourse.

18. Drain. -1 19. Kind of goat. 22. Container for wine. 24. Supporter.. 26. Stresa. 28. Attalysas.

Yesterday's Crossword

Across: 3 Remitted: 7 Obeso:

20

121

23

125

Clues Down

1. Joyful.

2. Bicile.

3. Lower.

4. Lary. 6. Thin strip

of wood,

provision. 14. Grants. 15. Lessees. 16. Clear. 17. Red suit.. 20. Wander away, ̈*

0. Loll

7. Came out..

21, Tandoney,

10. Make

22. Plunge.

.

Anancial

23. Throw..

Down Molár: 2 Denes; 3

8 Crackers; 10 Avenue; 13 Re Recur; 4 Itch; Toecap:it Dash- serve: 16 Late 17 sipid: 18 od 9 Reviews 11 Vells; 12 Nocty; Sledgest 40 Espy-21-Withers; 20-14 Ensign; 26 Tithe 16 Tiors; 18 Grokso; 27 Nicotine; 28 Amend; Sbanco: 10 Epoch Troad 20 20. Enslaved.

Enger; 24 Beejy;-28 Etna. -

S!IIP

"TREWIDDEN" • "CANTON"

ARRIVALS

FROM

U.K., Genoa. Bombay, Colombo

& Straits

-Karachi

DUE

25th September September Early October

& Bombay U.K. Genoa, Bombay & Straits U.K. & Singapore ......U.K. & Straits U.K. & Straits .U.K., Bombay,

Colombo & Straits

SAILINGS

TO

Straits & U.K.

(Passengers & freight)

9th October October October

17th November

READY

October Straits, Colombo, 24th November Aden, Port Said & London.

• Accepis cargo for London, Antwerp & Rotterdam. accepts cargo for Madras on through bills of lading..

British India S. N. Co., Ltd.

SHIP

"SANGOLA"

"SHIRALA"

SHIP

"SANGOLA”

(Passengers & Irelsht).

ARRIVALS

FROM

¡Calcutia, Madras

R Straits.

Calcutta, Madras, & Straits

SAILINGS

TO

Straits

& Calcutta

Also

DUE

October'

November

READY

November

Cargo accepted on through bills of lading for West Indies.

Eastern & Australian S. S. Co., Ltd

SUIP

“NELLORE"

*NANKIN"

SHIP "NELLORE" "NANKIN" NELLORE

ARRIVALS

FROM

Melbourne, Sydney- Suva Australia & Now Zealand

SAILINGS

то

„Shanghat

Karo

Manifa,

Rabaul,

Hydney &

Melbourné

DUE

12th September 19th September

READY

19th September 26th September Early October

Accefits cargo on through bills of lading for New Zea Tand & Tasmanian Ports.

For full particulars apply to

MACKINNON, MACKENZIE & CO.

Telephone Nos. 27721

Due Sept. 21st

**

Oct. 1stlic

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

E.. "STAGHOUND" 8.5. "RESOLUTE"

For Full Particulurs Call

Salls Sept. 264h. Salls Oct. 5th

UNITED STATES-LINES CO.

General Agents

314, Queen's Building.

•

Tel. 31251 (3 Ines)

The SWEDISH EAST ASIATIC Co.,Ltd.

M.V.

TONGHAI "

Loading Hong Kong 16th Sept., sails 19th Sept., M.V. "HALLAND "

Loading Hong Kong 28th Sept., sails 30th Sept.,

for

ADEN, PORT SAID, GENDA, MARSEILLES. CASABLANCA, ANTWERP, ROTTERDAM, OSLO, COPENHAGEN and GOTHENBURG Tanks available suitable for the carriage of oil in bulk. For further particulars apply to:-

GILMAN & CO., LTD.

Agents, Telophond 31116,

KLAVENESS LINE

SAILINGS

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

m.8. "ROSEVILLE"

m.s. "CASTLEVILLE"

SAILING 16 SMPT,

SAILING 7th OUT..

ARRIVALS FROM PACIFIC COAST

m.e. "GRANVILLE”

དནཙྪཧོ' –

DUE 28th SEPT.- PENANG & PORT SWETTENHAM 30th SEET.

SAILING FOR SINGAPORE.

PASSENGER ACCOMMODATION,

Chinese Freight Agents. HOO FOOK PING THE BANK LINE (China) Ltd.

BULK OIL TANKS,,

Apply:-

THE BANK LINE (CHINA) LTD. · King's Building. Tel. 27792

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S.

ASIA!

loading about 23rd September

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG & OSLO,

M.S.

#

KAMBODIA "

loading about 28th September

for COLOMBO, ADEN, PORT SÁIÐ, TANGIER, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG & OSLO

THE EAST ASIATIC CO., LTD. Quem's Bldg, 2nd floor."

£T 84111 & 84112.

big at verds T