1948-02-09 — Page 14

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as

KONINKLIJKE JIMA-CRNA PAKETVAART LIJNEN N.V. AMSTERDAM É

JAVA-CHINA-JAPAN SERVICE

"TJITJALENGKA”

"TJISADANE"

Due from

Java ports,

Macassar, Manlis

& Amoy

15th Feb,

Amoy

4th March

Slugapore, Batavia, Semarang.

Serabaya &

Macassar

17th Feb.

Batavia, Semarang,.

Socrabaya &

Мисляват

6th March,

ASIA-AFRICA-SOUTH AMERICA SERVICE

TEGELBERG

Due from

Shanghol

12th Feb.

Ti shipment cargo on through bill Dar-En-Salvam, Moiabasa Zanzibar,

RUYS

Iu Port

Loading for

Manila. Anerpors Batavia, Mauritius, Lourenco

Marques, Beira,

Durban, East London.

Port Elizabeth,

Mosselbay, Capetown,

Buenos Aires, Moste-

video, Bantos, Blo

de Janeiro.

12th Feb.

Salling 15th Feb.

of lading accepted for

South Africa

South America

18th March.

SUMATRA-MALAYA-CHINA SERVICE

"HEINRICHJESSEN"

Agents

** EOPOLDSKERK"

"OLENKERK”

"MEERRERK”

Due from

Sailing for

Swatow & Amoy Singapore-Penang

Beinwan Dell 11th Feb.

12th Feb.

HOLLAND-EAST ASIA LINE

EUROPE SERVICE,

Due from

In Port

Loading for Manlin/Singapore / Colombo/Suez/ Fort Said/ Alexandriá,

Genoa /Marseilles / Antwerp /Rotterdam/

Amsterdam /Hamburg/

Copenhagen / Githenburg/Oslo

8th & 9th Feb.

Shanghai & Japan Manila/Singapore/

14th Feb.

Europe, 12th Feb. Salling for Shanghai & Japan

Colombo/Suex/

Port Sald/

Alexandria

Genoa/Marseilles / Antwerp /Rotterdam/ Amsterdam/Hamburg/ Copenhagen /

Gothenburg /Oslo 15th FEBRUARY

Manila/Singapore Colombo/Suez/

Port Sald/

Alexandria /

Genoa/Marseilles /

Antwerp Rotterdam/

Amsterdam /ilamburg/ Copenhagen/

Gothenburg/Oslo

early March,

Agents: SILVER LINE LTD.

"HENDONHALL"

ATLANTIC COAST SERVICE,

Due from

Sailing for U.S. Atlantic ports, 0.8. Atlantic Coast on or about 9th March. Ports via

Singapore and Suez.

KING'S BUILDING, CONNAUGHT ROAD- TEL: SHIPPING DEPT. 28016 PASSAGE DEPT. 28017.

Chinese Agents, No. 82 Connaught Road, C. TEL. 25133.

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

U.S.A, LOADING DATES

Kada

-

Pacific Coast

Autic Cuant

via

Los Angeles

From

Atlantic Coast

via

Los Angeles

For

Atlantic Comat

vis

Los Angeles

Cate

Vessel

m.v. "HEMLAND”

m.v. "MINDORO”

Mld. Feb.

Mid. Feb.

ARRIVALS

Vessel

Date

15th Feb.

m.r. "DONA NATI" Early March m.v. "TONGHAI"

SAILINGS

Date

24th Feb. 28th March

Tomel

m.v. "DONA NATI” m.v. "TAMARA”

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

MARINA HOUSE

Tels. 23670-22676

(Incorporated in the Philippines)

CHINESE SHIPPING OFFICE Tels. 28788-20158

ISTHMIAN STEAMSHIP COMPANY

FROM PACIFIC COAST

due Hong Kong about 15th Feb. FROM ATLANTIC COAST.

8.9. STEEL ARCHITECT .........loading New York etc, and Jan.

6,8, STEEL DIRECTOR

THE HONG KONG SUNDAY HERALD. FEBRUARY "8.· 1948,

COMMODITY PRICES BREAK

A HEALTHY SIGN?

Washington, Feb. 7.

Most American Government economists call the

commodity price break "healthful." They hold Russia

small fear of any collapse which would lead to a business slump.

The U.S. Commerce Department reported it is "too

Want To

early to interpret we're willing to wait and Keep 87

gee.

meanwhile, grain prices skidded down-

ward, despite some signs of steadying, and the U.S. Ships

increase

,

stock market regained its balance. Top-level cecnomists in other, le likely to show aặ gencies-the Federal Reserve over the past two years. Siner

Washington, Feb. 7. Board, Agrleulture Department mid-November, rains have been today that Russia now has of- Diplomalle authorities wald and the President's Counell of general over

most of Europe fered to buy 87 ships she got Economic Adviæers--guve views and mild weather has enabled from the United States through which may be summarised as farmers to plant much later wartime lend-lease. flows:

than usual. Severe winter and drought curtailed Europear production Inst year.

The winter wheat grop in th U.S. was Raid to be

1.This week's

plunge of

grain prices, after two weeks of gradual decline, is probably 新 "wholesome" adjustment rather than a token of cullapse

2. The markets will come to

a "stop, look and listen" point scan, They may

move

Russia's retention of the ships has been a point of controversy for a long time.

Moscow has now coming

offered to buy

the 87 vessels, The State Department has begun negoliu- tions,

through the winter season in good shape.

Meanwhile, Dr. Dennis

A

con- Fitzgerald, Secretary Generali No barrier to the deal is forc siderably lower before pausing of the 11-nation International seen by officials unless Con 3. The levelling period will Emergency Ford Committee, re-gress objects-apart from agree- last several weeks at least, un-ported that grain situation still meat on terms,

apring weather signa are is "very tight" despite a big-

rendable,

ger supply available for export. 4.-- Prices will not rebound] –Associated Press.

to the dizzy peaks of late 1947. Three-dollar wheat will not re- turn,

5.-Retail prices of bread, dairy products and other foods won't match the current say or the exchanges. But the up- ward trend of grocery prices may be checked.

gu

6.Grain

prices could Jower without hurling farmers unduly.

N.Y. Stock

Market

New York, Feb. 8.

П mnim

The stock market enjoyed rury Resi on ntunlay After the Μετραει στις πλαστική work's tumble since, toal

These opinions were obtained Mr. The biggest committy break in many years realved the principal blame na "on't quote m" basis for the recent relapse in senzitive, Satur from responsible fetals. None day's comeback was credited mainly t of them saw the slump as a professional shorleovering and ather bid. death blow to inflationary dan- for a technfest correction. Tran Corn totalled $10,000 ger, of which President

Tru-ninere of a point or so includes Konk man warned on Thursday.

Island Tad, 1.8, Graum Dougin Aircraft. Hanta Fe. Elsewhere, advances were mainly fractions

of

Family Budgets Discussing the execution family food budgets, one cenno. mist --

Charen

Dow Jones Average: Blocks 61.63, Industrinin 107.72.

27 32.71.

Ling

Aviation Corp.

15 Rela

50.06. 10 Alama Er

Members of the House Mer. chant Marine Canumittee have protested against Russia's attitude in the past. They heard tes imony A year ugo that the United States asked for return ut the ships on March 18, 1948.

The ships are mostly of the "Liberty" type and have been carried on Maritime Commission books as surplus, as Russia g ? lieb to

lend-lease materials-Associated Press,

carry

MONEY MARKET

REVIEW

Austrian Ambassador To China

PRESIDENT LINER

SAILINGS

REFRIGERATION-SPECIAL CARGO DIL TANKS—

CARGOCAIRE-SPECIE

TO SAN FRANCISCO

Shanghai, Feb. 8. Austria's first Ambassador to China in 5 years arrived here from London. The new

Fellx envoy, Dr. Stumvoll, is the first diplomat to represent his country here since the beginning of World War 1. Mikl-icoking and affable, i he still recalls his early years ΙΣΜ Austrian Vice Consul in Shanghat, Tientsin and Hari bin from 1908 to 1912.

$5 "President,Grant" (vla Shanglint, Kobo & He brought with him thou- annds of new Austrian

pass. I perta which are to be adon to Shanghai Austrians. China's Ambassador to

the Austrian Republic arrivent inj Austria last December 1.-A- Hociated Press.

88 "General Melgs" (vla Shanghai, Yokohama &

Ilonatula) Feb. 14 SS "General Gordon" (vla Manila & Honolulu) SS "Fresident Cleveland" (via Manlia & Honolulu) Mar.

......... Mar. 5S "General Meigs" (via Manila)

April

Help For Communists

Columbus, Oblo, Feb. G. Lt-Gen. Albert C. Wede- meyer, whose recent China re- port is still on the sceret list, sald today that the Chinese Communists were getting sup- plles of ammunition

“some- where to aid their fight against the Chinese Nationalists.

In an interview, Wedemeyer snid it was a "sure thing" some source was furnishing supplies, but he did not name the sourer. He said the Communists had aucceeded in weakening the sup port of the people for the Nation alist Government.

"So far, the Communists' in- rearts against Chinng's government i Londou, Feb. 7.

are not serious enough to upset! Market houtaex experienced him, but they are making pro- another difficult week and even gress in their campaign. those days which were marked Wedemeyer described

Chiang by the absence of payments for Kai-shek as a great person bills ocensioned no relief from the only man today "who can see uncomfortable conditions,

Weekly revenue

payments

were very heavy and reaulted in a severe shortage of credit, while banks added to this, be ing obliged to call in HOME

I was

that

non-

The market will strengthen metin 6954, American Triratne 17976, 15. Alakn Juneau また。 Amerkan consumer resistance to high American Toheren 64, American Water prices. People will abject to work. 75. Anaconda Copper paying more for bread, butter 1985, Parn dal 15, Hendix Axation 22. G, Baldwin Lorennotier and flour when they know graining Aircraft 2814. Borden Ca. 48%, prices have dropped. In its Callan Pacifle 17, J.I. Con 201 effect, the market adjustment is trying it. Coluate 414. Corn Provernight Joans. wholesome,

ducts. Dupont 174. Enstrian “Korlak | 48%, Electrle Licht & Power 16, Generul WElectric 34%.

reported General Motors 64% no'drich Go, Goodyear 40, Jaternallos clearance cheques in respect of

Harter M, Interuntlone? Enser 48, Su ternational 2-1. & Tel, 12%, Johns Man-n additional factor, hampering government dispursements Was 1. underlying dsman 26%, Renntett Cepper 44%. Mont- the already shot paltion. situation remala: strong."

Homery Word 11, Natoen Dillers The Agricultore Department Nathod rest 11. New York Com Occasionally assistance as three reasons for the

100 12, Packard Motors 41 considerable proportions Verb Al- break in grain prices-

P, Pennsylvania R 17 Rail Corb. A, Republie Stev!

Irrtee5hl"y . to enable the 13. Reynolds Tabarro 19, Schenley 27, Sear Rowback 2314. Shell

"This is not a collapse. have but a hump but we are going over the precipice.

ed farts demand for grain for fred.

ព...

TO SAN FRANCISCO AND LÒS ANGELES

SS "President Madison" (8. F. Direct)

12

Feb. 13

Yokoliama Feb. 22 Feb. 20 ATar. 10

S.S. "President Tafe" (vla Shanghai) S.8. "Presiden Pierce" (vla Yokohama) TO NEW YORK AND HAVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY,

SUEZ AND MEDITERRANEAN PORTS

SS "Mount Davis" SS. "Mount Rogers"

SS "Furman Victory"

SS "Marine Leopard"

Feb. 12 Feb. 22 Mar. 0

hfar.

8

AMERICAN PRESIDENT LINES, LTD.

St. George'a Bldg.

Tel Nos. 28172/28175

Americam Pioneer Line

Arrivals from New York, Boston, Other Atlantic Ports via Panama ss, "STAGHOUND" 8.9. "AMERICAN MERCHANT.

Sailings to Manila

Due Feb. 9 Feb. 20

•

Sails Feb. 12 Feb. 27

8-8. "STAGHOUND"... 8.8. "AMERICAN MERCHANT,

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

Special Cargo Oil Tanka-

China through this great national 8.5. "GOLDEN WEST" crisis."--United Press,

Socialists' Demand

Parls, Feb. 6.

issued a commanique asking for The Steering Committee of the French Socialist Party today

the liberation of Tran Ngue

of way Bann, President

the Viet- namese dezlegation here.

in

Business

balancing of books. bills throughout the week have been on moderate lines.

1. Increased buyer resistamen

Tran Ngue Danh had been to high prices, particularly on

detained on a charge of acts the part of livestock and poul Vurum 2532, Standard Brands

prejudicial to the integrity of 35%. Atunlar! Vit of Calif, 59, Stund try producers.

and Olof N.J. 71%, Stufelinker 1837

The Bank of England return the French State. The sum- 2. Liquidation of live steek of . Union Carbide featured a further reduction in munique sald and poultry, resulting in lower tuber. U., Steel rat, U.S. fiduciary note issue by £50,000.-

The activities of Trun Ngue i down Sheet & Tube 10, Con. Pub. Linen 19, Westlaghora 2014. Young-900 but this was

Dankt were never clandestine not entirely

and have been carried out open- unexpected, Dit 11-Ansuciate! Tress.

reserve notes Sa the banking department are now for several months. Further. £92,000,000, which despite the they have not revealed them- reduction, continues high.

selves to be criminal or punish- Application for £160,000.000 able. It is hoped that a doct Treasury Bills tolalled £276,- sion to grant blo provisional 535,000, of which 160.000.000 liberty will be taken ne acon as were allotted

possible."-Reuter.

3. Mere favourable world prospects for wheat.

London, Feb. 7. The Department's grain mar- Mesars. A.V.Roe and Company, ket review and live stock feed manufacturers, of Tudor aircraft, tug ratios-that is, the relation have decided after a conference between prices of live stock and with BOAC officials to envert feed grains, are finding it diff-Į their 17 Tudor-1 aircraft into a cult to make the money they get long-nosed version-the Tudor-4. from their live stock cover the -Reuter. coat of grain-fed animals.

Those ratios would have been only about two-thirds of the pre- war level.

"Feeders were reported be- ginning to liquidate (market) five stock and poultry," the re- view said.

Feeding Ratios

This quidation naturally re. duces the farm demand for grain. Under more favourable price relationships such Hye- stock would be kept on farma langer for fattening to heavier weights.

average

ut the rate of 9 shillings and 11.89 pence per cent.-Reuter..

Mosley Forms His

"New"

Party

London, Feb. ".

Sir Oswald Mosley, former leader of the British Union of Fascists, announced to a meeting in London today that the organisation of his new "Union Movement" would begin from today. It had been formed at the desire of 51 different or- The review pointed out, how- ganisations, including 36 book clubs from all ever, that the recent declines in

over Britain, which were represented at the grain prices had tended to bring about slightly more favourable,

conference and would be merged in the new feeding ration. Officials

body, he said. Bald

Squads of palice this development could retard identity of all who entered the street

checked the force," he was cheered for inore the liquidation process if the in which the conference was held at

than three minutes. feeders have confidence in fu- London County'

Sir Oswald said that all work of Council school peace was threatened with the de ture livestock pricea. Whether

struction of a new war. this will result, only time can

Meanwhile, a meeting of the A "Under this crazy system, it is was tall.

sociation of Jewish Ex-Servicemen alone which wakes the wits of man," was being held a few stres away. he declared.

When Sir Oswald, in his speech to

building.

"If war came with Revis, all poli-

SILVER AND PLATINUM

Paris, Feb. 7. Trading in silver and platinum

is expected here soon, according to well-informed circles.

It is understood that only trading in ingots will be allow Cd-Reater.

Notice To Consignees WATERMAN STEAMSHIP

CORPORATION

6.8. "KYSKA" Having arrived Hongkong! consignees of cargo are hereby notified that all gooda have been landed and placed at their risk and expense Into the godowns of the Hongkong and Kowloon Wharf and Godown Co., Ltd. where delivery may be obtained as soon as the goods are landed.

No claims will be admitted: after the goods have left the

Looking to 1948 wheat pro. duction prespecta, the Depart-the meeting, said: "If force is brought ties must cease until the West wAN ment said the European acreage against us, we must meet force with saved by the force of arms-Reuter. godowna.

Pacific For Cast Line, Inc.

Fast Regular Trans-Pacific Service

OVERLAND

NEW YORK-CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN &` CANADIAN OTTIES.

DIRECT

SAN. FRANCISCO LOS ANGELES

VESSKL

Arrives

From

}u.a. "FHILIPPINE BEAR"

early Feb.

25. “LUXEMBOURG

VICTORY"

Feb. 12 Feb. 13

Feb. 15 Feb. 23

Los Angeles 8an Francisco

CO., LTD.

San Francisco Los Angeles San Francisco

Tel. 31140..

8.8 ALLEGI ENY VICTORY ...

n

14 to

For further particulars apply:-

GILMAN

Agents.

m.s. "BEA SERPENT""

8.8. "CILINA BEAR”

REFRIGERATION

Pur full partiČUNYA DA11.

Balls

For

Féb. 13 San Francisco via

Fob. 14

Feb. 16 Fob.. 24.

Koba

San Francisco

via Kobe

Ban Francisco

San Francisco via

Kobe

DRY 'CARGO * "CARGO OIL TANKS

ATES LINES CO: danh "MONTUL BIVII.

All broken, chafed and damaged goods are to be left in the godown where they will ba exhmined la the presence of Messrs. Goddard and Douglas on the 7th & 9th Feb. at 10 a.m.

To comply with the General Bonded Warehouse Rogulations, consignees must have a Revenue Officer in attendance when eK. amining damaged dutiablei

Due Feb, 15 Salls Feb. 17

For Full Particulara Call

UNITED STATES LINES CO.

General Agents

Queen's Building,

Tel. 81251 (8 lines)

The SWEDISH EAST ASIATIC Co.,Ltd.

OUTWARDS

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

HOMEWARDS TO EUROPE

MY. "NAGARA” M.V. "TAMARA”

M.V. "NAGARA” ALV. "TONGHAI"

.....Loading HK,

FOR

10th Feb.

15th Mar,

22nd Feb. Mid. Marcl

ADEN, PORT SAID, GENOA, MARSEILLES, ANTWERP,

ROTTERDAM, (AMSTERDAM) COPENHAGEN.

OSLO AND GOTHENBURG. Tanks avallabie sultable for the carriage of oil in bulk.

For further particulars apply to:

GILMAN & CO., LTD. Agents, Telephona 81140.

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO PORTLAND, VANCOUVER & SEATTLE. ms. “BOUGAINVILLE”

SAILING 8th APRIL

ARRIVALS FROM PACIFIC' CÒAST

ms. STIRLINGVILLE" "BOUGAINVILLE

D.3.

DUE 17th FER DUE 27th

FEB.

PASSENGER ACCOMMODATION. BULK OIL TANKS

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

Apply:- THE BANK LINE (CHINA) LTD. King's Buliding. Tel. EPTO#

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.V. "MALACCA"

Now Loading

for

good. All claims against the ADEN, PORT SAID, ALEXANDRIA, ANTWERP,

vessel must be presented to, the Undersigned within Turtoon tays of the ship's arrival, or they will not be recognised.

No fire insurance will be of- fected.

WALLEM & CO.,

Agenta,

Telophone 34177-9.

ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN

THE EAST ASIATIC CO., LTD.

"

Qumon's Bldg., 2nd floor,