1948-03-10 — Page 14

THE CHINA MAIL, WEDNESDAY, MARCH 10, 1948.

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands-as

KONINKLIJKE JAR-CHINA-PAKETUBLART. LIJNEN NOV. AMSTERDAM

JAVA-CHINA-JAPAN SERVICE

“THISADANE"

Due from in Port

"TJIBADAK"

Amoy

11th March

“VALERIUS”

In part

Salling for

Batavia, Semarang, Bourabaya &

• Macassar,

14th March.

Amoy 13th March

Sulling for

Manila & Amoy

12th March..

Salling for

Batavia. Semarang,

Sourabaya de

Maobaser,

27th March.

Manila, Macassar,

Sourabaya, Bemarang, Batavia

13th March.

ASIA-AFRICA-SOUTH AMERICA SERVICE

"RUYS"

Due from

In part

Salling for

Shanghai

p.m. 19th Mar.

Transhipment cargo on through bill

Dar-En-Salaam, Mombasa & Zanzibar.

"BOISSEVAIN"

South America

South Africa. Mild April.

Loading for Manila, Singapore. Batavia, Mauritius, Lourenco,

Marques, Beira,

Durban, East London. Fort Elizabeth,

Mornalbay, Capetown,

Buenos Aires, Monte

video, Santos, Blo

de Janeiro.

25th March,'

Salling

p.m. 28th March.

of lading accepted for

South Africa

South America end April

SUMATRA-MALAYA-CHINA SERVICE

"HEINRICH JESSEN"

*VAN HEUTSZ"

Agents

"GAASTERKERK"

“ALIHAGUA”

Due from Swatow & Amoy 13th March

Belawan, Deli,

Penang

Singapore

21st March

Sailing for

Swatow & Amoy.

Sailing for Singapore-Fenang Belawan Deli

14th March.

Singapore, Penang, Belawan, Dell, 31st March

HOLLAND-EAST ASIA LINE

EUROPE: SERVICE

Due from

"Europe.

at or about

12th March

Europe,

on or about

2nd April.

"HIDDERKERK"

Europe,

early May

Loading for

Manila/Singapore/ Colombo/Sues/ Port Bald/ Alexandria

Genna/Marseilles / Antwerp /Rotterdam/ Amsterdam/Jamburg/ Copenhagen/ Gothenburg/Oslo on or about

6th April.

Manila, Singapoře, Colombo, Satz,

Port Bald, Alexandria Genoa, Marseilles, Antwerp, Rotterdam,

Amsterdam, Hamburg. Copenhagen, Gothenburg, Oslo

early May.

Manila/Bingapore Colombo/Suez/

Port Said/

Alexandria /

Genoa /Marseilles/

Antwerp/Rotterdam /

Amsterdam /lamburg/ Copenhagen/

Gothenburg/Oslo

carly June.

Agents: SILVER LINE LTD.

HENDONHALL"

ATLANTIC COAST SERVICE

Due from

Salling for U.S. Atlantio parts, Ü.8. Atlantis Const 16th March.

Ports via

FINANCE. AND

COMMERCE

DISTRICT BANK SUGGESTION Coordinated Devaluation Of Sterling, Dollars In Relation To Gold Hong Kong

M...

Manchester, Mar. 8.

To avert the danger of an International carrency warfare, the District Bank (Britain's sixth biggest bank) suggests that the International Monetary Fund should take the initiative in arranging a coordinated devaluation of ster- Ling, dollars and other currencies in relation to gold.

The bank claims that this would expand also the credit base of all countries with gold re- serves. The bank also emphasised the need for an all-round internal deflation' in all coun- tries.

The Manchester Guardian City copt by its shook effect on the Editor comments This Buggoweatern hemisphere commodity ion would merely give countries prices),

Incidentally, a 20% doliar de including Britain more dollars for gold. A the United States can valuation, would rise gold's do). not do anything useful with its lor price by 25. Thus the Rold, for Inng time ahead, the enhancement of $10,000,000,000 scheme would simply be a dollar worth of monetary gold stock grant, additional to the Marshall outside the United States would

be $28,000,000,000,---Router: plan

For example, if joint devalun- tion were 20%, the aggregate monetary gold holdings outside the United States, estimated at about $10,000,090,000, would baj worth about $2,000,000,000 more on sale in New York, witere most e will undoubtedly go before

long.

Britain would share bonus with about $400,000,000.

in the That would certainly give Britain a little more credit but it would hardly appeal to Washington,

Mr Sydney Ganpell, Reuter's Financial Editor, comments: The biggest effect night be not on existing gold stocks but on newly mined gold.

Gold Output Whitehall recognises that since the price of gold has been fixed while all other prices have risen, the sterling aren's annual gold output nowadays covers far smaller proportion than formerly of the sterling area's defleit with the western hemisphere.

1.

This could be remedied only by raising gold's dollar price (or of course by a slump in western hemisphere commodity

prices) raising gold's sterling price by unilateral

Money Market

Gold 'was a little further down the scale yesterday but the undertone was very strong.

Investigation Into China

Finances

Horiolulu., Mar. 9. The Star-Bulletin said today that it learned 10- Jably that President Tru- mán has appolated Feroy Hampton, Jahnston. retired, ohairman of the Chemical Bank and Trust Company, New York, to investigate China's financial situation.

The paper said Mr. Tru- man telephoned the bank- er, who is visiting his son It said that In Honolulu. Johnston, who is in bed with virus infection, de- clined to comment but that it was reliably informed. that he would laure, for China in a spécia¡ ́military. plane--Associated Press.

BLACK MARKET IN GOLD

Brussels, Mar. 8. Strong forces of police today raided cafés near the Brussels Bourse in a drive against black market trading in gold and, for- eign currency.

Opening at $845.76 a tael it went down, to $343.50 shortly It after the market opened. then recovered and reached $347.50 before it again reversed trend and closed at $846.

Six lorry-loads of people marketless Plastres had a

were taken away for question- day. at $12.00 à 100.

Chinese National Currency ing.

Although no "free market" took the down grade as futures dropped to 15% cents for in currency and gold exists in CN$10.000 after opening at Belgium, for some months, the 16 cents. There was no bust-country's leading financial pa- ness in spot which was quoted pers have been publishing daily nominal at 18 cents.

Punofficial quotations." — Reu- ter.

Tleals appreciated slightly to $26.60 a 100, as also NEI

100,

·Gujjders to $31.00

U.S. dollars maintained the level of the previous day, and notes were at $5.63.

N.Y. RUBBER

New York, Mar. L. Crude rubber futures closed 29 lower to 15' higher with sales of 145 Д Sterling made sharp re-contracts. sterling devaluation covery to $12:05. Australian would not help this problem (ex-pounda $12:53.

N.Y. Stock Market

on.

New York. Mart. 8. Breaking ramofities cast their shadow the stock turket today and many Braders dipped, fractiune to iw pointa jor so. From the vikit selilna never wan

argent_and_cattered_plvolalı, managed,

to maintalo, modest plus signs.

There were 740,000, transferu. Among gainers" were Douglas Alreraft, Lockhead, Grumman, Gleon Martin, Am- arisa. Äirlines, Chesapeake and Ohle. Dow Cheekcal. Ruse Gypsum. Stumblers lesm, Atlantic Refining, Allied Chemical,

were

Stock Exchange

A moderate, day's bominera bul prices Inclined to the irregular,

B.K. GOVT. LOANS

4% Loan 102

24% Loan (2835) Dyish, 101m. $47% Linen (1948) 100k

DANKS

H.K. 8. Pańck X.D. 2058b, žesta, than. Reg.). ZUBY. Chartered Bank 10.11/10. *Mercantlig 9k A. & 1" AUL.

Bank of Eant Aalu' 1986, 1.

INSURANCES

Canton In 408p. Union. Ine. 78th.

China Underwritern Tiźb, 1, 7%. 11 K. Fire Ins. Bond. -

BHIPPING

Douglare, 40m.

4. Ateamboats 18,

Indo. Chinas (Pre). 100n: (Det.) soon. Shell (Bearer) 15/1

11; Waterhosia. (XD) $0.

DOCKS, WHARVES, GODOWNS, ETC.

H.R. K. Wharves (0) 170b, 10: \(N) (F. Pd.) 1880), (N), (P. D4) 1121⁄4n.

H.K. Docks Séc.

China Pravidents 254. 25. Bhangbal Dockyarde ·20h, --

MINING

Raub Mine yb, ILK Mine .0

LANDS, HOTELS & BLOGS, H. B. Hotels "20b, 2* N ILK. Lande (018) Dib, Dian; (New) 19, 88% 0, 1

Shanghai Zanda ¤1⁄4b. 6%%%, 6,15/415.10. Humphreys, Estates #74s. 14%. II.K testien län.

Chinese. Fatalės 1990.

PUBLIC UTILITIES

ILK. Tramways (X,D;) 22%, tla. Peak Trams (010) 21% (New) 115,

10am."

Star Ferrier (K.D.) 1926, 138, 182 55 vm. Yaumati Ferrien išb.

0. Lights (ON) NNE, TA, 23%/24x®;, (New) 19k.

H.K. Electrics

24/2/94.

(X.D.) 625, 62154,

Maso. Eletrics Kła, Ziza. Sandakan Lighia vb. k

Telephones (Old) 5t«, Siam (New)

Bhanchat Cae Bn.

INDUSTRIALS.

Cald. Mais, (Ord.)" '29b, Cantan los 70, March 19.85 bid, May 19.50-55 unchanged at July 18.90-95, September 16.50-52,

December 18.10. Nov 1 ribbed, smok

?Press.

Notice To Consignees

In Shanghal yesterday (anysed sheets, 2016 nominal-Associated Router) the open market rates were changed to CN$192,500 (buyers) and CN$197.500 (sél- lera) for the U.S. dollar, and and CN$677,500 (buyers) CN$592,500 (sellers) for Ster- ling.

TRAINING FLIGHT ENDS WELL

Honolulu, Mar, 0. Ten Superfortresses and two C-64 transports landed 'safely

CONSIGNEES PER $.S. "BENVORLICH"

are hereby notified that their cargo in being discharged in to the Hongkong & Kowloon Wharf & Golown Co.'s godown, where it will be at Cöäsignecs"; risk and subject, to the Wharf's terms and conditions of storage, and where delivery may be

obtained. 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

Londr

VXPRESS CARgo Liner særVICKÉ

TO AND FROM PACIFIC & ATLANTIC COASTS

LOADING DATES IN U.S.A.

Pacific Coast atlantic Coast Los Angeles

& Los Angeles)

Data

Vensel

Mid March m.v. "ANDAMAN"

Late March

m.v. “BALI*

ARRIVALS

Data

Vessel

m.. "DONA, ANICETA” my. "MINDORO

.

m.v

闻

"ESCALANTE"

PANIVETA"

From

Atlantic Const

Los Angeles Pacific Coast

For

Manila atlantic Coast

Tia

Los Angeles San Francisco)

19th March

-8th April

*Early' April

SAILINGS

Dato

20th March 25th March, 2nd April

Early April

mv. "HEMEÄND”.

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

ama (incorperated in the Fulippines) iš

IDE 266765026TH-

CHINESE SHIPPING OFFICE

CHINA MERCHANTS S.N. CO.

#15 Connaught Road

S.S. HAT

SAILINGS

MARINA HOUSE

Included Plymouth Oil, Philips Petr

l'epulcola and Greyhound,

Dow Jones avement-Stocks 60.82, 20

Zadnatyluăm; 167,7, 15 Ha!!s 40.484 Utilities 21,90.

10

Bonds Improved selectively. Amunt curb gainers warn Bedar Alreraft, Garrot! Corporation. Lower included. Kaiter Frazer, Colonial Alzlinas, Creole Petro Deum,

on

at Barber's Point airfield today Damaged packages are to be *a training flight from loft in tho Godowns for Spokane, Washington, to Tokyo, examination by Consignees and after radio, failure had caused the. Company's

surveyors,

Cements (X.D.) 18. 13/81%/%20 H.K, Ropes 28%, 2%/%//1⁄2==.

STORES ́ ke" [

Dairy Farme (X. Hea) SIÝra; (Tights).

*Watsons (X. 21a) 5$1⁄45x: (Right) 87b, 2114an

Lane, Cranforda Küb.

Sincere 9.30m

China Emporium 12.

But Co., Ltd. 8% m

Kwong Bang, Har 11, 201

Wing On (HLK.).1495.

Wm. Pawell, Ltd. 12.

MISCELLANEOUS

Chine Entertainmenté - 39 44n.

H:K. Constractions (0) Gb) (N) *n, Vibro. Piting iin, “Marsman-Investments-12/3n.

Maranan (HK) 1.406.

COTTONA

Two fab, 1840 Rubber Trustso sten, dam Hémeyxans 11⁄21⁄2¤, 1,10

Paris, Mar. 8. The French National Assam- an erroneous report that one Messrs. Carmichael and Clarke, bly tonight adopted an amend- of them was missing.! .

at 10 mm: 12th March, 1948, ed version of the Government's The plane lust reported its

anti inflation. levy bill by '815 position RA It passed near To comply with, the General votes to 255-Reutar. Ükalag vlock quotationar-Adams ErSacramento,, California, at Bonded Warehouse Regulations pros 15%, Alaska-Jonesu 1. Anigrican0984. GMT. It was out of con. Consignees must have a Be.... Can 19, American melting 50%. Amtact until 11 hours later when venue ·Officer." in attendance wrican Telephone 1505%, American The

bacco 62% American Waterworks 1, passed over the island of when damaged, dutiable goods Ice To Consignees

Anasands, Copper. 31% Alation Couper Maui. It had 20 men aboard

4. · Baldwin Locomotive, 1934, Barnadal Associated Press.

5%, ilendir Ariellen Z. Bethlehem Blend $1%. Bordox Aircraft 26%, Horden Go.: 2014. Canadian Paclio 10, J. 1, Cu 17,, Chrysler 30%,, Culeata 19. Commercial: Bölvent, 214. Corn, Producia 43...Dupont, 1865, Eastman Kodak 39, Electric. - Light ·4. Power 15%, Ga. Elecirka 12%. Gen. Motors; 61%, Grod- rich 50%, .Goodyear. 49, Homelaku Mining-41," Ister. Härveefer 14; Inter.

Johns, Kasville, 1834. -Konnecott Copper

Notice To Consignees

S.S. “ELPENOR."

Damaged cargo ex the above, vessel will be surveyed at Holt's Wharf between the hours 10 Bm to 12 noon on 12th & 18th

Paper 44%. Inter. 783 13%, 4364, Montgomery, Ward, National Distillers 19%. National Land, 115, New -York- Central 18. Fuckard Motors, 44. March, 1948, and "consigfices'

| RA... 171⁄2‚y: Radio - Corp. 36.) -- Republic)

are examined; :-

CONSIGNEÈS PER

- 8.8. "BENALBANACH"

No claims 'will be admitted afton the goods have left the are hereby notified that their steamer's kodowns, and all cargo is being discharged into goods remaining undelivered the Hongkong & Kowloon after the 18th March, 1948 will Whart & Godown Co.'s godown, where. It will be at Consignees by subject to rent

risk and subject to the Wharf's terms and conditions of stor

All claims against the steamer

must be presented to the under signed on or before the 27th March 1948, or they will not Be recognised,

Faa Amerions Aleware N. Para representatives are requested No-Fire Insurance will Bloel R, Reynolds, Tobacco 13-4. Bchenley to be present during the effected.

2456, Bones Rosback #4%) hell Oil 31.ourvoy.

Bruny Vacuum * 15%); Bouthern Pacide

47:34. Standard? Brande,:33.95): - Standard

| 0}^u8^Cafits, 47%. Standard 1013;of NJ.

T35. Btydebaker 16%; Unlög: Isak - 28 %,

Union Carbida 14, «UB Rubber (40 42,- US

| Steel, #1), MB ̧Lines?}17M; Matlaghoshir

BUTTERFIELD & SWIRE,

Agents,

2%. Youngstown Ebertyát. Tube STM Hong Kong, 8th March, 1948,

SAN FRANC

W.R. LOXLEY & CO. (CHINA), LTD, Agents; Ben Line Steamers, Ltd. Hongkong, 6th Mar., 1948

Pacific For Car Le

age, and where delivery may be obtained.

PRESIDENT LINER

SAILINGS

REFRIGERATION SPECIAL CARGO OIL TANIS

CARGOCAIRE SPECIE

יד

TO SAN FRANCISCO

A.S. "President. Cleveland" (via, Manila & Honolulu) Mar. 13 8.5. "General Meles" (vla Manila' Only), ............

April 8, 8.8. "General Gordon" (via Manita & Honolulu) ...... Apill 24 8.8, "President Glaveland" (via Shanghai)

May 1

TO SAN FRANCISCO 'AND LOS ANGELES (VIA KOBE & YOKOHAMA)

8:8. “Arcadla Victory" (Atso Calļi Shanghai & Honolulu)

Mar. 16

8.8. "President McKinley"

Mar 24

8.8. "Prezident Jefferson"

Apr.

4

8.5. "President Madison".

April

TO NEW YORK BOSTON AND HAVANA VIA MANILA, SINGAPORE, COLOMBO,

COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS

88 "Marine Leopard"

Mar. 14

B.8. "President Buchanan" (Ex "Skidmore Victory"") "Mars 19 85. President Fillmore" (Ex "Bullend Victory") (MADT) (1 B.B. "Fresklent Tyler" (Ex “Iraq Victory"!" ... ADE

AMERICAN PRESIDENT LINES, LTD.

St. George's Bldg.

Tel No. 28175/28175

American Pioneer Lave

Line

Arrivals from New York, Boston,

Other Atlantic Ports via Panama

8.8. "COURSER"

5. "PIONEER WAVE"

•

.

Duo Mar. 14′

20

·

8.3.

Sailings to Manila "COURSER" 5.8. "PIONEER WAVE"

Sails. Mon 16

21

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

-Special Cargo Ol Tanks-nguy

B.B. "AMERICAN MERCHANT". Duo Mar, 20 Saila Mar, 21

For Full Particulars Call

STA

UNITED STATES LINES

Damaged packages are to be..

for left in the Godowns examination by Consignees and the

Company's Burveyors, Mesare. Carmichael and Clarke, at 10 am, 10th March, 1948.

To comply with the General Bonded Warehouse' Regulatlöng Condlamees must have a Re- venue Paicer in attendance when damaged dutiable! göödi are examined.

No claims will be adn after tbb, goods hav steamer's, godown "goods- remaining

after the 18th Mare bo sub

AIT

the

will

the damer

General Agents

Queen's-Building,.

Tel. 81281 (3-lines)~**

KLAVENESS LINE

SAILINGS

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

SAILING 6th ·APRIL

ma. "BOUGAINVILLE"

ARRIVALS FROM PACIFIC COAST

↓

DUE 2nd APR, m.a. "ROSEVILLE LAURENCE

SAILING FOR SINGAPORE PORT SWETTENHAM,..

PENANG & BATAVIA.

ara' APB,

PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese Freight Agents."

HOO FOOK PING

THE BANK LINE (China) Ltd.

Apply:-

THE BANK LINE "(CHINA) LIDY King's Building. Tel. 27702.

BARBER WILHELMSEN LINE

M.Y. "TAMERLANE”

· Loads 19th March. 1948 for

NEW-YORK via PANAMA calling at

KISTAVAD

Yokohama, San Francisco, Los Angeles, Fanama New York, Boston, Philadelphia & Baltimore -

For freight, and further particulars apply DODWELL & CO., LTD.,

Hongkong & Shanghai Bank Bldg.

THE EAST ASIATIC CO., LTD.

AGEN

M.V. “MONGOLIA L

14th/18th March Lis

ADEN PORT SAID, GEN