1948-01-01 — Page 10

JAVA-CHINA-PAKETVAART LIJNEN N.V.

(JAVA-CHINA-PACKET LINES Ltd:)

King's Bathting Connaught Rond.

Tel: Shipping Dept. 28016. Passage Dept. 28017. Chinese. Agents. Connaught Road C. No. 82. Tel. 26199

CHINA and JAPAN LINES

"TJITJALENGKA

**TVISADANE”

The from

ABLOY

2nd Jan.

Due fram

Java ports and

Macassar

16th January

Sailing for

Itatayla, Sermarang,

Macassar &

Snerabaya

5th Jan.

Salling for

}

Batavia, Semarang:

Macassar & Sorrabaya

31st January,

ORIENT-JAVA-AFRICA LINE

SOUTH-ATLANTIC LINE

TEGELBERG

Due from.

Loading for

Sonth America Manila, Singapore,

South Africa

4th Feb. 1948

Mauritius,

Lourenco

Marques, Beira,

Vorban, East London, Fort Elizabeth. Mosselbay. Capetown, Buenos Aires, Monte- video. Santos, Rio de Janeiro. 14th Feb.

Transhipment cargo on through bill of lading accepted for Dar-Es-Salaam. Mombana & Zanılbar.

RUYS

"STRAAT

SOENDA"

South America South Africa 29th Jan. 1948.

South America, Bouth Africa 25th Jan. 1948.

South Africa

South America 10th March 1948 Shanghai, Yokohama 27th Jan.

DELI-STRAITS-CHINA LINE

Due from

"VAN HEUTSZ" Belawan Dell,

"HEINRICH

JESSEN"

Agents

Penang. Singapore 17th Jan. 1948.

Swatow & Amoy 8th Jan 1918

Sailing for

8 To, Penang

& Aelawan Dell 27th Jan. 1948.

Singapore, Penang & Belawan Dell Dih Jan. 1948.

HOLLAND-EAST ASIA LINE

"LEOPOLDSKERK” Due from

Europe,

on or about $15 Jan.

Salling for Shanghat & Japan

"MOLENKERK" Due from:

Europe

on or about 16th Jan. Salling for Shanghai

& Japan

"ALPHERAT"

1 Fort

Loading for Manila/Singapore /

Colombo,

Port Said/Alexandria Genoa Marseilles/ Antwerp/Rotterdam/ Amsterdam/Hamburg/

Copenhagen / Gothenburg/

Oslo. beginning of February

Loading for

Manila/Singapore/

Colombo/

Port Said/Alexandria Genoa Marsellies/ Antwerp/Rotterdam / Amsterdamyilamburg/ Copenhagen/ Gothenburg/ Middle of Feb.

Loading for

Manita /Slogapore

Colombo/

Port Said /Alexandria Genua /Marselles/ Antwerp/Rotterdam/

Amsterdam /Jamburg/ Copenhagen/Gothenburg, end of Feb.

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

U.S.A, LOADING DATES

Loads

Dair

Vessel

Atlantic Coast

Mid. Jan.

m.v. "TONGHAI"

vin

Los Angeles

Fron

Pacific Coast Atlantic Const

vla

Los Angeles

Late Jan.

my. "DONA ANICETA”

ARRIVALS

nie

2nd Jan.

12th Jan,

32nd Jan.

SAILINGS

Yeast!

m.v. "MANGALORE"

m.v. "ANDAMAN"

11. "DONA AURORA"

Fe

Date

Vespol

Ban Francisco, >

Los Angeles )

16th Jan.

my. "ANDARIAN”

atlantic CoxIL

26th Jan.

13. “DONA AURORA”

THE CHINA MÄIL, THURSDAY, JANUARY 1, 1018.

DRAIN UPON BRITAIN Financing Deficits Of Other Countries

The Sterling Area System Snags

London, Dec. 30.

The "Financial Times," in an editorial today, said the increasing strain on Britain by financing deficits of other sterling area countries is a matter for deep concern.

Drawings by these countries now comprise, be-. tween one third and one half of the total dol-. lar drain. India alone has been tapping Bri-, tain's gold reserve by about £2,000,000 a week since mid-summer.

Moreover, by the absence of resolving the overseas payments exchange restrictions, through crisis.

Eth'en! out the sterling aren, many of

and political con these countries obtained large siderations apart, would it hone unrequited exports from Britain

by drawing on their sterling countries to follow Egypt and tackle their own overscan pay balances.

Higher Rates

Washington, Dde. 30. The Inter - Blato Com- merda Cominlision today authorized U.S. railways to Lucrease freight rates 20 per cent United Press.

H.K. Stock

Exchange

London

Stock Exchange

London, Dec. 10.

Today was the Inst day for account of the rear and In 'upite of certain amount of levelllar positions, prices were very „dzin, particularly among Industriala, fe which most grosipa recorded small but yet Widespread guins,

The strength noted Lowurde the class pesterday was more, than maintained dar in the short salon, Bore quotations re chatered appreciable advances, whifat' a few counters that have suffered from temporary neglect, ako Agured amongst thee in popolar demand, The market.

Motor shares Improved 'on hopes of in- creased stee} allocation whiht among tron and steel, Afiled "Irun" was 27- bitter al

fit Britain to induce other be clowest on but' January 1948, and

will re-open on Friday, 2nd Jaituary.

Stare shares also had a gbola në im 1. st. Leane 47% Lown 198: 81% 4% travemente. In the oil section, selective support was seen, pepecialir for Venesue- Banke: JUK. & 8. Dank 1908h,- 2003ak, † ton „011 Concesions Lon. Reg.) £110n; Chartered Bank

In many ways, therefore.ments problems without Bri- starling payments in overseas tain's finanelal backing? areas ayntem is more a handi- cap than a help to Britain in

NOTICE TO CONSIGNEES

CONSIGNEES PER

- ! BARBER WILHELMSEN LINE

M/V "LIDVARD"

100

(Denver)

H.K. Docks #tb; Gina Providenta 23,30%.

th

London Eastern Rtfy., dif... Bouthern Railway Co.. def.

PRESIDENT MINER

SAILIN

REFRIGERATION-SPECIAL CARGO OIL TANKR

CARGOCAIRE-SPECIE

TO SAN FRANCISCO

68 Marine Swallow" (via Shanghal & Yokohama)

88 "President Cleveland" (via Shanghal, Yokohama &

11

1

... Jan. 18

Honolulu) ................................... Jan. 20. 88"Gentral Gordon” (via Manila-& Honolulu)

* Jan. 88 "General Melgs" (via Shanghal, Yokohama Honolulu) Feb 8. TO SAN FRANCISCO AND LOS ANGELES BR "President Taft" (via Shanghat) 88 "President Pierco" (S. F. Direct) 85 Clovis Victory" (via Manila and Cebu)

Jan.

Jana 1P

88, "President McKinley" (via Shanghai & Yokohama) Jan. 24 TO NEW YORK AND HAVANA VIA MANILA. SINGAPORE, COLOMBO, COCHIN, BOMBAY. SUEZ AND MEDITERRANEAN PORTS

88 "Marina Snapper" (culls Karnchi)

68 "President Monroe"

88.Marine Fller"

ES "President Polk"

J2

Jan,

Jan.

Jan. 10

Jan. 23

AMERICAN PRESIDENT LINES, LTD.

Tel. No. 28178/28175

112%

10XT

FL. George's Bldg.

702.

114

*#6

อน

22%

London Pasteser v. 5%. 'A' 119%

London Passenger T.D. 'G INDUSTRIALS

0015

Associated l'astiand Cement Co. 18/ BAT. Co. ord.... Dritish Celanese, ord. Calcutta Electric Co. Calcutta Tramwaya Carraran Ltd., 'A', ord.

119/10: Mercantile Bk. A • B. BECURITIES. The answer is not enay. The 221%. Dank of Fast Aula 1206, 1254. British Consols, 1985/15 sterling area system had many

Instances: Carton Ins. 205b: Union Conversion Loan, at*%. 16 1081 108

China Underwriters 10h; Funding Loan, ́196/0 advantages and could give the 160b:

Way Loan, 81⁄447%, (1988 widespread benefits again. Or.. F Ina. 100b.

Shipping Dourlass 260p; E. M.War Loan, B the other hand, its breakdown amb 14 -Indo Uninsk (ret.) Victory Bough, 45% would not be a tragedy and 100 (Der.) 300n: #hella

-HAILWAT SHARES.

Great Western Consolidated, ord. GA anyway, there must be a limit 10/10% U. Waterbouls (Old) 406, 440. to the price Britain can pay fr} 75/10: U. Waterbeam (0kl) 486, 45 London Midland & Boot Itir, ord.

(New) 48. the immediate future for pre- Decks, Whares Gedawna, le HK. (New) (Old) in: Aorving its long-run advantages K. Wharves,

The suspension of the system Fully Fald 148n: (New) Partly Fald 35: would not eliminate drawings on 22/2: 'tial Dockyarda 1734). Britain's gold stocks which be Hising: Raub Mia 55: HK. Mine lungs to the whole sterling area

Lands, Hotels & Elden, H. & 8. Hotels and might reduce London's dol

252, 524 2014//ban: LX. Landa (0 #2, 54, 53/12: (New) lar earnings.

700;

%= Bhai Land

Humphrey Estate 28b; ILK. Realiles 18: Chinw Estates 158.

Publia Utilities: H.K. Tramway There is a strong argumen 246, 26, 11/16; Peak Trams (Old) synter 18 (New) In: Star Ferries 122b, for maintaining the while inducing sterling are $23: Yaumall Ferries 28; C. Ilahi

(0) + 21%; 21/135/1 '(New) 16.10. countries to balance their over 10%: LK, Electrles (DM) 57b. Imperial Chemical Indust, ord. 58/1% Damaged packages are to be scas payments: It is extremely 14/8136: loft in the Godowns for examina- difficult, however, to tion by Consignees and Com-guish between the reasonable pany's surveyors, Mests. God- and unreasonable use of ster dard & Douglas at 10 a.m. on ing balances. Blat Deventer,

are hereby notified that theb cargo is being dindarped into the Hongkong &, Kose loom Wharf & Godown Co's gestows where it will at Consigneca' risk and sub- ject to the wharf's te math. and conditions of storage, and where delivery may be obtained.

ה

Argument

Pacific For Cast Line, Inc.

FRANS PACIFIC SAILINGS

To San Francisco & Los Angeles

--SPECIAL CARGO OIL TANKS→

6-7/10 16/-

EB/.

6+6/11 72/104%

45/6

8.8. "FLEET WOOD"

11/0

B.B. "SURPRISE"

6.8. "PACIFIC REAR"

J. & P. Costa, ord. Courtaulds, and.' Distillers Co, or. Dunlop Rubber Co. ord Becirlo & Musical Judunt., ord. 20f% Fine Cot, Spin, & Doubleru Asave. 28/6

Fard Motor Co.. ord.... 62/13

(New) sob. 40/50: Imp. Tob. Co. (of G.B. & Ite.) alatin-Morao Electries 24: Bandakan Lights

Indian Iron & Bieel Co., ord. A

6-1/32 51/10%

10n; Telephones (Old) 40%a: (New) Banterns, Nick Co. pc Canide 51

Industrialer Cald, Mac. (Ord) 2011 Lover Bros. & Unilevers, ved....... (Pref.) On: Canton Ters 7: Cements Marks & Spencer, ord. (Old) 30%; (New) 20; H.K. Ropes

Untry Rei

Farma X. R DRIANNA Watros

Lane, Crawfords bob: Rinceres 8.18 Emporium 181 Bun Co., 144yon; Kwonst Hang Hune 2000; Wing On 11.8.) 14:

All sterling area countrier should now be shown

2016,

Stores

the

To comply with General Bond. limitation of the system and od Warehouse Regulations con- be informed that they must signees must have Revenue make real snerißces if it is in Officer attendance when survive. In return they might damaged dutiable goeds are ex-| get a bigger any in its ad .. Costrvctions (0

amined.

No claim will be admitted the after the goods have left

ministration.-Reuter.

Steamer's gedowns, and all U.S. STOCK MARKET

goods remaining

underlivered

after the 1st January 1948 will

be subject to rent.,

ANALYSIS

New York, Dec. 30. 1 Analyst reason that United Stater All claims against the slcome Government booh are "high and must be presented to the under-manipolated" while corporate (shares aigned on or before the 11th are low and free." The stock-mar- January, 1948 or they will not be, ket, therefore, is not expected .recognised.

resume dealings until investors arr convinced! that U.S. Government bond prices will hald.

No Fire Insurance will be ef-

•fected.

The stock market continuen to dls. regard the current inflation ant

DODWELL & CO., LTD. therefore on reaction in the marke: to allegations by Senator. Taft that Agents.

Presidem Truman is preparing Hongkong, 25th December 1947.the last budget was $29,000,000,000, $40,000,000,000 budget for next year

-Reuter,

HONG KONG – MACAO – HAIPHONG

?

FORTNIGHTLY: SAILINGS' BY FAST STEAMER

WITH EXTRA HEAVY CARGO GEAR.

S.S. "SAN ERNESTO" LOADING ABOUT 1st JANUARY, 1948. SAILING ABOUT 3rd JANUARY, 1948. FOR FREIGHT & PASSAGE APPLY TO:-

..

JOHN MANNERS & CO., LTD. Mercantile Bank Bldg., Top Floor.

Tol. 34174.

14 M

PACIFIC ORIENT EXPRESS LINE

4

(

Sailing from BHANGHAI, HONGKONG, MANILA direct to SAN FRANCISCO and PAÇIFIC COAST PORTS

Los Angeles

BOOKING ‘AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC

MARINA HOUSE

M.V. “VILJA” CHINESE SHIPPING OFFICE M.V. “VINGNES"

Tels. 28788-20163 -MIV. KOOKABURRA”

M.V. "VITO"

Tols. 23676-22075

CHINA MERCHANTS S.N. CO.

Loading Hong Kong.. (If sufficient inducement)

Finchin Johnron, ord. Sam Nuggar Juten. Standard Mont Motors Vicker Ltd., onl Woolworth (F.W.) ord.

BK/-

B.B. "FLYING DRAGON"

8.8. "PHILIPPINE BEAR"

Dua

Jan. 2 Jan.

Safte

3 Jan. 12 Jan. 13

Jan. 14 Jan. 15 Direct

Jan. 22 Jan. 23

Feb.

4 Feb. 5 Vin Kobo

Gnericam Pioneer]

Lime

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

65/6

71/101/4 64/3 B1/B N.

24/10%

Chinn

DRMY

0.6.

TRA BHARES:

5.8. "GOLDEN WEST"

Assam's Consolidated Tes

27/-

Assam Frontier Tea

18/2

Sailings to Manila

Assam Tea Co.

25/-

B.8. "GOLDEN WEST"

Dover Tea Co.

42/6

$14:

Emp. of India & Ceylon Tem Co. 221- Imperial Tra Co.

Mm. Powall, Lut. 12, 8.

Miscellaneous China Entertainment

(New) 50: Vibro Lilian 610: MariZYŻO PS Investments 3/1 Mara, K.

Coltone Evom 1355b. 1976/****

Money Market

JUTE BUARES:

Barnager Jute Factory, Ca. ord. 21 N. RUBBER SHARES: Anglo-Dutch Plantation of Jam 15/9 Gula Kalumpung Rubber Estate 20/- Rubber Plantation Invest, Trunt 15/3 MINES T Bam Corp,

Husdydroom Mines

"pring. Kines

Gold was quieter yesterday Crown Mines and fluctuations

were within a Rand Mines narrower range.

Opening at $301 tar) it, Nigel

Yeror Tin Co. closed at $802. Highest and

Union Corporation lowest rates of the day were oH BHARES: $802.25 and $296 50 respective | Anglo-Iranian Oil Co., end,

13.

Attack Oli Burma O Ca.. ord.

Piastres opened at $11.47% a Mexican Eagle Oil Co. 100, went down to $11.92%, and Tetaldad Lesholds did. closed at $11.50.

Royal Dutchi

7/0

4-7/10

10/7

6%

W/

4

2/74

277/6

106/2

26/10

12/6

1/145

29/0

225

1-17/32

Chinese National Currency Shell Transport Co. cloard at 29 cts. for CN$10,000..0. B.N. Co., ord futures opened at 29icts and Venesuelan Oil Concealer, ord. 118/4%

| KHIPPINGE)

Spot was unchanged the whole Indian General Navigation, ard. N. day at 38 cts. Ticals improved GILTEDGES: to GNS27.80, and NEI Guilders Conversion Loan, 3%, 1048/51...... · 101-11/31

Funding Loan, 90%.... 101 were unchanged at $2620 National War Bond 24:

100.

at

to

1649/81 1952/64- 1981/82

Due Jan. 8

N

18

Sails Jap. 19

Sailings to New York, Boston, Other Atlantic Ports via Panama Canal

SPECIAL CARGO OIL TANKS -

*5.8. "LOOKOUT" 9.6. "SPITFIRE" 8... "PIONEER SEA”.

.. Sails Jan.

Salls Jan. 9 13

* Arriving New York on or about Jan. 31, 1948..

For Full Particulars Call

UNITED STATES LINES CO.

General Agents

814, Queen's Building,

Tel. 81261 (8 lines)

The SWEDISH EAST ASIATIC Co.,Ltd.]

OUTWARDS TO SHANGHAI

„Discharging HK. HOMEWARDS TO EUROPE,

10136 100% 100%

MV. "NAGARA!!

M.V. "MANGALORE"

-U.S. dollars declined $4.91. Sterling took another National War Bonde, 198T/S.. 1015%

closed climb and

$13.50. Batings Bonde, #4, 1955/68 .. 10174 Australian pounds were again Barinas Bonde, %, 1960/70 - .. 10: unchanged at $12.61.

Bavings Dands, 295, 1985/15.. 101% Exchequer Bonde, 1580... 100% Reuter reports from Shanghal. Redemption Stock, 3%, 1943/34 100 that buyers and sellera ratas | DANKA: for

TT on New York and Chartered Bank of IA, a c) .7 11.9/10

Eastern' - Dank .............

144

INDUSTRIALS:

London were unchanged, being a Shanghai Banking Corp. 113 CN$88,000 and ON$00,000 and Lloyd's Bank "A" S 670 CN$287,000 and CN3293,000 Mercantile Bank of India "A" 21% respectively.The market will National Bank of India...... be closed today.

30%

Godfrey Phillpe, ord.

47/6

U.S. RUBBER OUTPUT

{MINING STARISƒ

Connol, `Godfields of 8. America 70/«

Coincl. - Tin Mines of Dutma.. Vla

'India Cooper' Corporation

· New Union! Goldnekdaj sve

New York, Dec. 30 or later Trisat

.6/4

硝ョン

„Rubber ',manufacturers in America | Wash Hand „Investment Trust., 10/10% produce finished godivalled

21 Pria Mțațas Devilopasente

West. Drivigalların

US$ 1,000,000,000 in 1947 and. put Randerslid thecoultry firmly back on rubberCone Midt

Bulat Helenam tyres.

They inanufactured appeiicetty Bab, reweries

De La Rue, ord. 100,000,000 casings, compared Mid January 18,000,000 last year,

but predicted Ladenbur Estaïed. Mid February that tyre production would ease off Booth African Townships

Early April in 1948 while the industry devoted

to South African Torbanțies Mid April itself with

greater emphasis. conveyor belte and other industrial komp

Tobacon Breurtips. Trudt Poter. belting-badly needed in Europe.

Grootvlei “Mining. For the first time sloce 1949 more of natural rubber tha synthetic WBS, BRIÍsh › Durmiä. Pelzstem usedAssociated P

-Router.

10

Selection: Truzie

+

.................Leading H.K. LOADING FOR ADEN, PORT SAID,MARSEILLES, ANTWERP, ROTTERDAM, (AMSTERDAM) COPENHAGEN,

OBLO AND GOTHENBURG. '.

Tanks available suitable for carriage of bulk off

For further particulars.apply toi-

GILMAN & CO., LTD. Agents. Telephone 31148

end Jan.

4th Jan,

KLAVENESS LINE

INTH 41/1034

BWAY

171.

BÚZA%

11/74

4/1014

me. ROSEVILLE"

10/10 12

40/744

4/104

MOLLERS' (HONGKONG) LTD, Agents THE DOUGLAS STEAMSHIP CO., LTD.

Vessels equipped with bulk oil storage facilitie

Cargo and Passenger apply:-

Queen's Building

Telephone 31633.

SAILINGS

15 Connaught Road West.

S.S. HAI HSIN

Singapore Jan. 3

S.S. HAI SIU Singapore, Rangoon, Calcutta Jan,

Cargo for Taing- Haakow & Tiental acceptable

on through bills af lading,

FOR FULL PARTICULARS PLEASE, APPLY TO THE ABOVE

Tel. 31156

2nd floor

SAILING DIRECT FOR BANGKOK

S.S. "EMPIRE PARK” LOADING 1st JANUARY, 1948. SAILING 2nd JANUARY, 1948.

For freight particulars apply to JEBSHUN SHIPPING CO.

63. Bonhám Strand Want.

3.8

HAN

Sailing for Swatow 1.00 P.M. 12th January FROM DOUGLAS WHARF Subject to alteration without Notion

For Particulars of Freight & Passage, Plesno apply tos

DOUGLAS LAPRAIK & CO.

General Managers.

Buliding, 6th floor. T91, kb. 81381.

or

CHINESE SHIPPING DEPT.

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO

PORTLAND, VANCOUVER & SEATTLE. + SAILING 16th - JAN.

ARRIVALS FROM PACIFIC COAST

m”. CASTLEVILLE”.

DUE 1st JAN.

SWETTENHAM & PENANG 208' JAN,

SAILING FOR SINGAPORE PORT

PASSENGER ACCOMMODATION, BULK OIL TANKS

Chinese Freight Agents.

HOO FOOK PING

THE BANK LINE (China) Lid

Apply:

THE BANK LINE- (CHINA) LTD...

King's Buliding. Tél 27729

MOW SANG SHIPPING

COMPANY,

# Connaught Road, West.

HONGKONG & MACAO LINEN

SUPE

11.K. Departate

KS, "KWONG › HAIW

Subject to^alteration Wistidkr