1948-01-28 — Page 10

China Mail 德臣西報 中國郵報 All

ROYAL INTEROCEAN LINES

Incorporated in the Netherland, as

KONINKLIJKE JAVA-CHINA PAKETVAART LIJNEN N.V.,

Amsterdam

King's Buiting Connaught Road,

Tel: Shipping Dept. 28018. Passage Dept. 28017. Chinese Agents, Connaught Road, C. No. 82, Tel. 25188.

CHINA and JAPAN LINES

"TJIBESAR”

Titjalengka"

DUE FROM Japan

29th Jan,

Java ports

13th Feb.

SAILING FOR

Batavia, Semarang, Noerabaya

& Mackssur

31st Jan.

Batavia, Semarang.

Seerahaya, Maonszar 17th Feb.

ORIENT-JAVA-AFRICA LINE

SOUTH-ATLANTIC LINE

1 GELBERG

Due from

In Port.

Sailing for

Shanghai

5th Feb.

Loading for

Manila, Singapore Mauritius,

Lourenco

Marques, Betra,

Durban, Fast London Port Elizabeth,

Mussethny. Capetown,

Buenos Aires, Monte. video Santos. Ria

de Janeiro.

I2th Feb.

Sailing 14th Feb.

Franshiponent cargo on through bill of lading accepted for

-Es-Salam

STRAAT

Mombana & Zanzibar,

South America,

SOENDA"

South Africa 1st Feb.

RUYS

South America

South Africa

31st Jan,

Shanghai. Yokohama 2nd Feb.

South Africa South America 5th March

DELI-STRAITS-CHINA LINE

Due from

"HEINRICHJESSEN" Belawan Dell

Agents

Penang &

Singapure

2nd Feb.

Salling for

Swatow & Amoy

Salling for Singapore-Penang Belawan Dell 9th Feb.

HOLLAND-EAST ASIA LINE

LEOPOLDSKERK" Due from

Japan & Shanghal,

8th Feb.

Loading for

Mania/Singapore/ Columbs/Snez /

Port Said/

Alexandela, Genoa/Marsellien/ Antwerp/Rotterdam /

Amsterdam/Hamburg/ Copenhagen/ Glihenburg/Oslo 8th & 9th Feb.

MOLENKERK"Shanglial & Japan Manlia #Sloenpors /

on or about

24th Feb.

"MEERKERK"

Europe,

Mid Web.

Colombo/Suez/ Port Said/ Alexandria

Genen/Marseilles / Antwerp/Rotterdam/ Amsterdam/Hamburg/ Copenhagen/: Gothenburg /Oslo on or about 24th Feb,

Manila/Singapore

Colombo/Sue=/ Port Said/

Alexandria /

Genos/Marsellies /

Antwerp/Rotterdam /

Amsterdam /Hamburg/ Copenhagen/

Gothenburg/Oslo early March,

Agents: SILVER LINE LTD.

“BENDONHALL" Due from

Sailing for U.S. Atlantio ports, D.8. Atlantic Coast on or about 9th March, Ports via

Singapore and Sues,

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TỤ AND FROM PACIFIC & ATLANTIC COASTS

nda

Pacific Coast

Colle Cuis

via

Gs Angeles

lantic Coast

viz Los Angeles

Fox

Atlantic Coast

via

Los Angeles

U.S.A. LOADING DATES

Date

Vessel

Mild. Feb.

Mid. Feb.

R.V. "HEMLAND"

DLY, "MINDORO"

ARRIVALS

Date

30th Jan. 16th Feb.

SAILINGS

Date

1st Feb,

21st Feb.

You

5.8. "DONA AURORA” my. “DONA NATI”

Veseca

15. “DONA AURORA” m.v. "DONA NATI”

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

MARINA HOUSE

Tels. 23676-22675

CHINESE SHIPPING OFFICE

Tols. 28788-20153

CHINA MERCHANTS S.N. CO.

15 Connaught Road West.

S.S. HAI HSIA

S.S. HAI CHIAU

THE CHINA MAIL, WEDNESDAY, JANUARY 28, 1948.

LONDON INVESTORS RUSH TO

Hong Kong Stock Exchange

Briak enditions prevailed during the day probably due to the advance In the gold bar market. One or two niočka clown! Mightly under the best, but generally the market ehmed frm with buyers still annationed.

R.K. GOVT. LOANS 4. Lam 15054, Boost Low Tab

BANKS

11.K. 8. Bank 29503, 269OK, TUKSAK

(an, Beg), 4126 Fyn. Chartered Bank 1 7/100, Mercantile ilk. A

£22. Bank of East Anin 127N.

INSURANCE:9

Canton ne i, 400/3. Unto us. OON, HECK, 7921 China Underwriter Th. H., Fire in srb.

In

HIPPING

2000,

21.K. & M. Mierunkunta Tatt Indo Chians (Prufa Jutin.

ind China +2906.1 Brahma.

Bhelin (Irater) 12/69

U. Walethonts cold) 47AD.

1. Waterbunte (New) 440,

DOCKA, WHARVES, GODAWNA, ETC.

H.K. K. Wharvm 10hl) 130k

(New) (P% t'd) 180b.

Fri 18, Td) lần H.K. Dracka 30, BOND, 3046/7/61 China Providente 20e, 25/24% am. D'hal Bockyarda 20 yb, 27. 20%/7/6

MINING

Raub Mines 6.60). 21.X. Mines 92756,

LANDH, ROTELS & BLDCA

11.4 8. Hotels 204, 20, 28/867

BRA

B.K. Lands (014) 86% 35, 17.

141.

1.Keds (New) 89b, $$. Bhal anda yb, on t Humphreya Fatale sub, 21s

11. K. Realle 18n.

Chinese

H.K

en 1Hin

PUBLIC UTILITIKA

"GET INTO GOLD"

London, Jan. 27.

Government securities broke on the Stock Ex- change today, reflecting fears that devaluation of the franc will damage the pound sterling. The Cabinet was in emergency session, Investors rushed to "get into gold." The demand forced up the prices of South African gold share and these shares also opened strong on the Capetown market, indicating belief that, sooner or later the pound must be cheaper. It is now officially worth: $4.02 but was und down to $2.50 in [uncontrolled markets.

1. mulan newspapers, reporting the pound in Jeopardy, and the break in Government bands wiped nt mitions of pounds in market values. Market urces attributed this break to lack of demand rather than general liquidation. There was a sell-off, however, in early trading.

the Len. Most other sections dou murket were quiet. Indus triales were about stcudy, buse metals And commodities fully firmy,

Repercussions

Any lowering

were

N.Y. Stock

Market

London Stock Exchange

SECURITIES:

London, Jan. 26.

Belsh Consļa, 1045/75.... Converston Loan, a566, 1961 Funding Loan, 170x/90* War Lond. 175. 1943 War an, 312, Victory BonD

New York, Jan. 27.

RAILWAY HEAREST Individual stocks skifted th recovery

Hettich Transport g ground today althoumh TITTY mark-INDUSTRIALS: lealers fitted in the slawent sesalon la 11.A.T. four months,

told mines etvanced at the start, but et niret

extrem of them Bngshed with galos trinomet,

Scattered calls and eguretat industriale

c1 the pounds did well. There were 650.000 transfers.

Wall Streel was more confused they value would mean that Britain berish over the Kumpenn currencs situs would have to pot up more an, pounds for purchases abroad. Quipers included Homestake Mil That would imperil the Labour Melstyre. Pareuplor, 1,8. Gypsum. Unles

Parille, Governusent's

Paramount J'etures, Warner recovery pro-

Jast Brothers and Douglas Alteraft. It sought vainly grumme,

Among laggarda were Allied Chemicals, United Altaraft, Consolidated and Ediman, week to have France hamper her devaluation.

EXW Juties averaged were:-Boeken French

81,87, 20 Industrials 171.38, 15 Raška 60.32,

Repercussions of the

m ve were heard throughout the sterling urea, the world's largest trading bloc.

tritien 32.36.

Bendłu were narrow, Among the curb gainers were Kainer Frater mad

Directors of the Bank of Den-Bare Mines,

פז

PRESIDENT LINER

SAILING

REFRIGERATION-SPECIAL CARGO OI!. TANKS

CARGOCAIRE-SPECIE

TO SAN FRANCISCO

88 "General Melga" (vla Shanghai, Yokohama &

Honolulu). Feb.

S8 "General Gordon" (via Manila & Honolulu) SS "President Cleveland" (vla Alania & konakula) SS "General Melgs" (via Manila)

TO NEW YORK AND HAVANA VIA MANILA.

SINGAPORE, COLOMBO, COCHIN, BOMBAY.” '

....... Mar.

Mar. 12 April

106

TO SAN FRANCISCO AND LOS ANGELES

112/1

SS "President Jefferson" (via Kobe)

Jan.

20

13-14

102/14

SS "President Madison" (S. F. Direct)

118 exdly

... Feb. 11 SS "President Grant" (vla Shanghal & Yokohama)... Feb. 22 SS "PRESIDENT TAFT" S. F. Direct)

Feb.

25

PO

G-D/16

(Ducing Rubber Co, ord,

16/7*4

B0/0

Temperin! Towers Co. RUBBER SHARKS:

4-3/10

SUEZ AND MEDITERRANEAN PORTS

Aggie-hurch Plantation of Jars Gunla Kalumpong Rubber Entste Hukbee Pantallene Invent, Trust 25/% MINES:

Infe

SS "President Polk"

Jan. 30

TRALIA

SS "Mount Davis"

Feb. 10

4/9 4-11/14 12/

SS "Furman Victory"

Feb. Mar.

6

55 "Marine Leopard"

Mar.

0

107-

AMERICAN PRESIDENT LINES, LTD.

4.0/16

2/7

1. George's Nidg.'

Tel. Nos. 28172/28176

200/-

28

4-56

Hermes Corp

Crown Min

Nandydrown Mines Hand Mine Spring Mines Bub-Nigul

Tavoy Tin Cu

Uslur Corporation

OIL. SHARES: Heyn Dutch

Bhell Transport Co. LakeHIPPING.

P. O. B.N. Co,, and. Choinst suolalions:—Adımı ExpreGILTEDGES:

01/0

mark went into closed session.

In Capet wn, where the Hand 16. Alaska Juneau 4. American Can Conversion Loan, 35, 19/53 95.7%

34% American Breitling 51%. Amerieds Funding Bauan, B

Slock Exchange opened active and

sharply higher, market Fources and investors obviously felt that devaluation of the pound must came sooner or later.

The some trend was noted on the Cair exchange. The change chairman, Emile Levy, said Tramware 24 h, 254, 25/0%/ that pound sterling reaction

usually follows franc devalua

4xx.

Peak Trams (0) 17D.

Peak Trato New Un

Siar berries 127,

Yauma Ferries 394, Sina

C. Lights (0) 214, 21/1% 71%an

Light (New) 15% b.

tion.

Price Cutting?

Telephone 160 %. American Tobares 6414. fainal

14. Anaconda American Waterworke

141

War Bunch. 21

1045/21 1082/81

1954/18

10-16 10B-% 100.14

30- 02-

Copper 13, Aviation Corporation 46, Baldwin Locomotive 14%, Beroadall #84. Bendix Aviation 28. Hethlehem Steel National War Rands, 1981/68 100-1 12. Being Aircraft 24. Hordan Co. Having Blonde, 85%, 1985/45 .. 101 40%, Canadian Pacific 10. J. I. Cns Savings Blonda, . 1064/20 ex-

124, Chrysler 5714. Caluate 41%. Com-

Savings Tionde, 8%, 1906/76 mercial Solvent 27. Corn Products 08.

Exchequer Bondə, 1950 ...... 100-7716 Dupont 17. Eastman Kodak 40%, Redempilon Stock, 34, 1088/00 07 Electric Light & Power 1, General POREIGN DONUS. Electric 14. Genera) Motore 3%. Good German Luan (DawHes) 70% 8. Erich £2, Goodyear 43, Homestake Mining

Japanese 4. 1907/41

14. $0, International Harvester 68, Interna | Japanone 0% 1924/89

54-34 tional Paper 67, International Tel Tel In Singapore, a great interna-

Jap. 8. Manchurian Itly., 1926 29 HenneculinANKS: trading centre,

markets. Johns Manville 16. were closed for a Hindu religious lunal Distillers 12. National Lead #1.1K. & S'hai Banking Corp. 120-14

Copper 45. Montgomery Ward 50% NaChartered Bank of I. A. 0. 114/18 However, Anancial

New York Central 14, Packard Motors Mercantile usk of India "A" 22 sources saut traders were nervous. A. Pan Americas 0%. Pennsylvania HR MINING SHARES:

Price cutting in foreign markets Radio Corp. A. Real Bik 12. Consol, Goldfelde of S. America 74/- was suggested in many circles us Republie Beel 21, Heynolds Steel 28% Consol. Tin Mines of Burm a means for Britain to protect the Schanley 2015. Sears Roebuck 94, Shell

Indian Copper Corporation pound and her economic recovery 011 81%, Benny Vacuum 15%, Bouthern

New Union Bukalda programme, with its emphasis on Vacific 4724. Standard Brands 26Orange Free States Trut Blandard West Rand Invest. Trut grently increased experts.-Asso-Standard Oil of Calif. 654. clated Press.

ol of N.J. 71. Mulebaker 18%. Unios Free Biates Developmenta

80 Uning Carbide 944 teoderand

11.8. Electric vesty 648, 654 06/57tional

416.

H.K. Electrics (New) 220, GJM®, 423/ } holiday.

Macna Vilectrica 234.

Bandakan 1iglas 10n, Telephones (6373) $25. Telephone (New) 38. Shanghai Gon 6b,

INDUSTRIALS Gald. Maeg (Ord.) £3b. Canton Icew 75. Comenta 1014 06, 27, 21/51% xa. Cement (New) 530. HLR. Nopre 2lb, 214.

STORES AC.

Dairy Farms (X. Rt.) 80e, Ga

Dairy Farms flights 4045, džu, klua, Watsune Cum. All 70%, 77am.

Lane, Crawfumia 5814b, 540. Binceres 8,40n.

China Emperium 12.80.

Kwong Sane Hong 200%.

Wing On (I.14.) 390,

Wox, Towel, Ltd. 1 1.

MISCELLANEOUS

China Entertainments BG04. H.K. ConǝLructions (01 HK. Construellons (New) B Vibro ng 1cb.

Mermen Investment 13/3n. Marsman, K.) 1.40b.

COTTONS

Ewos 17b, 1750.

b.

CHINESE SILK INDUSTRY

Shanghai, Jan. 27.

Money Market

Gold's, upsurge, fanned by un- abated rumours of Sterling de- valuation, brought the price up In $344 o tart at the close of the market yesterday. 15 against 8377 the previous day.

Rubber 41%%, US Bleed 71%. US Lines 10%. Westinghous ROK. Yougstown Short & Tube 79, Gen, Pub, Utilitik 11.-Associated Prese.

RICE RATIONING IN SHANGHAI

of

tar

Cons Mal Reef Saint Helenas

De La Rite, and

58. "Mount Regers"

A

Vorenicam Pioneer Line

Arrivals from New ́ ́ork. Boston, Other Atlantic Ports via Panama 8.9. "STAGHOUND" 8.8. "AMERICAN MERCHANT“

Duc Feb. 8 Feb. 24

Sailings to Manila 8.6. "STAGIOUND" 8.6. "AMERICAN MERCHANT"

9 Sails Feb.

Feb. 25

Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports vla Panama Canal

--Special Cargo Oil Tanks---

Due Feb, 12 Salle Feb. 13'

For Full Particulara Call

UNITED STATES LINES CO.

General Agents

814, Queen's Building,

Tel. 81251 (3 Linco)

8.9.

"GOLDEN WEST"

3/9

4/10/ 7/6 10/4

45/15

37/6

10/9

45/-

61/2

46/3

170/-

103/14/2

24/10:5

33/1

Bouth African Torbanlie

6/2

Welkom

11/

Grootvlet Dining

.... Johnnesburg Consolidated

Tobacco Securities Trust Defer. Grotriel Mining

E-11/10

45/4

118/-

Bab. Breweries

Weet Driefontiene

Lydenburg Estates

South African Township@ Selecios Trus

Tlentin

Shanghal, Jani. 27. Opening at 8336.50, it slipel

Blanket rice rationing wil down to $33225 for a matter

*5/- minutes, when sudden

here in March. The Johnsburg Consolidated... 115/- buying pressure spurted it to $344.25.5 1 tentative ration per person is 33 CHINESE EXTRENAL LOANS:

Pukow Rallwar, 65% 12 month with half di Lung Tein U. Hal Railways, eased off at the tin interval, but | pounds u started to climb again in the rectly rationed by the Govern- afternzon, to close at $344, with ment and half bought with a Reorg Loan, fr, London Tue 11- demands unsatisfied.

Government permit in the open Grip Lan, 39, 1912 market.

Piastres suffered a big setback, yesterday owing to the devalua- tion of the frano. From an open- Ing at $11.40 a 100, they drop- ped to $10.30 at the clae.

However, the Minister of Facd, Gen. Yu Fel-pang, said the ration scale is subject to fu- Chinese National Currency ure consideration in view of also cased off. Futures had the fact that experts are of the markeless day and were quoted! It was learned today that five nominal at 31, cents for CNSIn-og that 23 pounis will be "ending silk millers in Klangsu 1000. Spot Tell from 16 cents to enough for one persen in &

ed Cheklang were planning to 35 cents.

month.- United Press, Ticals to set up jeint enterprise Sanille, puchases, sales and $26.40 100. other problema in connection with improving the Chinese silk

industry.

Details are new being draft- ed by the factories. The plans will be submitted in the Govern- incat ag Som is completed.— Unitel Press,

NEI

DIT rased

slightly to

Guilders declined to

$30.00 100 as against $32.70 the

previous day,

US, dollars made another spurt

and closed yesterday at 85.10. Sterling was unchanged at $12.85. and 3 were Australian pounds at -$12.51.

B018

The SWEDISH EAST ASIATIC Co.,Ltd.

M.V. "NAGARA” M.V. "TAMARA”

12

OUTWARDS

.....................Discharging H.K.

HOMEWARDS TO EUROPE

9th Feb. 15th Mar.

21

12

M.V. "NAGARA” M.V. "TAMAKA"

22nd Feb. 16th March

Hunen Railway, 57%, 100%.... Shanghai Nanking Railways, Bab 12 Howloon Canton Railways 5%

Sterling Hords, Hakun Rallways, 5%, 1211 12

12

--Reuter.

SILVER & GOLD MARKETS

Loudon:--

Silver, Spot, per fine ounce 43: TICKETS FOR THE Forward, 44%d."

LEEDS TEST

Bar Gold, per fine ouner 172/1. New York

Silver,

171

per

Silver, Bar (asked price) 74-5/8cts. Landon, Jan. 27.

Bar, Guld, per fine ounce (official) Ticket_applications for the $35; (N. Y. Unolicial) $ augusted.

Bag Ready, per 100 telan Fourth Test between England In Shanghal yesterday (says and Australia at Leeds next Rupees, 04 Annus: Forward unquot Reuter) the open

market rates

July, are still being received by jed; Morwari (unofficial) unquoted; werc quoted at CN$118,000 (buyers) and

New 165, 65; Gold, delivered, CNS121.000 (sel- every pest, lers) for the US. dollar, and

A total of 1,200 extra scale) tola 107, 00: Forward squared: CN$370,000 (buyers) and have been sold and money has Sovereign 69, 00. CN$380,000 (sellers) for Ster-

One Tula is equal to 5/Ribs of an been returned to many unsuc-; cessful enthusiasts.

ounce.

Buenos Aires Altogether 4,500 reserved

Sovereign, buyers 69.00 sellers 70% seats for the whole five days, so; U.S. Eagles, 126.00b, 128.001; the lowest priced of which is Gold, Bar, Gramme, 6.55b, 6.800. 42:7:6, have been sold-Reu- ter.

·

ling.

Notice To Consignees

M.S. "YUNNAN”

Damaged cargo ex the above Vessel will be surveyed by Messrs. Goddard and Douglas After

Buenos Aires, jan. 27. calling

Dr.

Juan

at Hongkong & Kowloon Wharf Bramuglia, the Argentine Foreign & Godown Co., Ltd's Godown Minister, the British Ambassador to from 10 a. m., on 30th & 81st Argentina, Bir Reginald Leeder, said January 1948, and consignees tonigla: "Meat shipments to Britain representatives are requested to will not be suspended."-Reuter. be present during the survey.

BUTTERFIELD & SWIRE

Agents.

Hongkong, 28th Jan., 1948.

Paris, Jan. 28

Sydney, Jan. 28.

Bangkok

Gold, Jar per bahtweight of 13.241 Grammes $13 ticals, Exchange Rater (Selling).

ter,

Bangkok on New York T.T. 18.50: |

The coalfields engine-drivera London 19.30; Hongkong 3.69,--Reu strike, which cost production of. The gold napoleon dropped by 133,000 tons since last Wednes 226 francs to 5,700 francs on the day and caused gas and rall- Parla black market today.

The Swiss louls dropped by 250 way restrictions, ended today.min francs to 3,450 francs-Reuter Reuter.

Pacific For Cast Line Inc.

Fast Regular Trans-Pacific Sorvica

DIRECT

Telephone 316#1.

JAN FRANCISCO. LOS ANGELES

VESSEL

Attires

SAILINGS

.... Shanghai Jan. 27th, Singapore Jan. 30th.

Cargo for Telug Tuo, Hankew & Tientale acceptable

on through bills of lading.

FOR FULL PARTICULARS PLEASE APPLY TO THE ABOVE

|*.*. "TRADE WIND" [6.8. "PHILIPPINE BRAR".

BESLUIEMBOURG

VICTORY"

MA" "SEA SERPENT"

OVERLAND

NEW YORK.CHICAGO-DETROIT-TORONTO,

MONTREAL AND ALL AMERICAN & CANADIAN GETTES,

From

San-Franojeće

Baile

For

瞥 San Fraticiano

Feb. 13 Feb. 16"

"vis' Shanghai vís Shanghai

Feb. 10

Fab. 14

Fol. 14

··Bah. Franolson (vin

Kobe

San Fransisch

via Kobe

Dan Francisco

REFRIGERATION

**DRY CARGO

'CARGO · OIL TANKS

Tel. #1953.

N.Y. RUBBER

New York, Jan, 27. Crude rubber futures closed 10 to

| 20 lower with sales of 177 contractu. March 20.95, May 19.80-90, July 19.-

10, September Î8.45,

No. 3 Ribbed, smoked sheets nominal Associated Press.

21

PENINSULAR &. ORIENTAL S.N. CO., R.M.S. "CANTON" Saillag, on February 23rd, 1943|

for London

via Bingapore, Penang, Colanibo, Bombay Aden, and Fort Said Arrives London on March 2ård Robopting clean, óargo only

For further particulars apply | to:-

MACKINNON MACKENZIE & CO.

[TW]: 27721\/4

............................................ Loading II.K.

FOR

-

ADEN, PORT BAID, GENOA, MARSEILLES, ANTWERP,

ROTTERDAM, (AMSTERDAM) COPENHAGEN,

OSLO AND GOTHENBURG.

Tanks available suitable for the carriage of oil in bulk,

For further particulara apply to:- GILMAN & CO., LTD.

Azenis. Telephone 81140

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO PORTLAND, VANCOUVER & SEATTLE. m.8. "CASTLEVILLE"

SAILING 6th FEB

ARRIVALS FROM PACIFIC COAST

m.s. STIRLINGVILLE" m.8. "BOU JAINVILLE

PASSENGER ACCOMMODATION.

Che Freight Agents.

HOO FOOK PING THE BANK LINE (China) Lich.

DUE 17th FEB. DUE 23rd FER BULK OIL TANKS

Apply

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

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.V.' “MALACCA”

loading about 8th February

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, OSLO, GOTHENBURG AND COPENHAGEN

Tanks availablo for the Carriage of 60 in Balka={{

THE EAST ASIATIC

Queen's Bldg, 2nd floor.

+

COM

LTD

Tel. 54111 & 84112;

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