1948-03-17 — Page 10

THE CHINA MAIL, WEDNESDAY, MARCH 17, 1948.

ROYAL INTEROCEAN LINES

lacorporated in the Netherlands sa

KONINKLIJKE JAA-CHINA PAKETVLART LINEN NU AMSTERDAM,

JAVA-CHINA-JAPAN SERVICE

Due from

**TJINADAK"

Ainoy

17th March

Macassar and

TJITJALENGKA“

·Javaporla

17th March Sailing for

* Amoy

Sailing for

Manila & Amoy

17th March '6 p.m. Sailing for

Batavia, Semmesng,.

Sourabaya da

Macassar,

28th March,

Batavia, Semarang, Soorabaya, Aiacumar

14th Apri

ASIA-AFRICA-SOUTH AMERICA SERVICÉ

"RUYS"

Due from Loading for

To part

Halling for

Shanghai

Manila. Singapora,

Batavia, Mauritius, Lourenco

.5 p.m. 22nd Mar. Marques, Beira,

Transhipment cargo on through bill

Dar-Ex-Satnam. Mombasa & Zanxlbar.

*BOISSEVAIN"

South America

South Africa Mid April.

Durban, East London.

Port Elisabeth,

Mosselbay, Capetown,

Buenos Aires, Monte-

video, Bantos, Elo

de Janeiro

20th March.

Sailing

5 p.m. 3int March.

of Inding accepted for

South Africa

South America end April

SUMATRA-MALAYA-CHINA SERVICE

"YAN HEDT8Z"

Agents

"GAASTERKERK”

"ALPHACCA"

Due from

Belawan, Dell,

Penang

Singapore

21st March

Salling for

Swalow & Amoy.

Salling for Singapore, Penang, Belawan, Dell,

2nd April.

HOLLAND-EAST ASIA LINE

EUROPE SERVICE

Due from

Salting

In purt

for Shanghai

17th March

Europe.

од от абоце

2nd April

"RIDDERKERK"

Europe.

Early May

Loading for Mania/Singapore/ Colombo/Sues / Port Sald/ Alexandria

Genon/Marseilles / Antwerp /Rotterdam/ Amsterdam /Hamburg/ Copenhagen/

Gothenburg/Oslo 5TH APRIL,

Singapore, tombo, Suez,

Port Said. Alexandria Genoa, Marseilien, Antwerp. Rotterdam, Amsterdam. Hamburg. Copenhagen,

Gothenburg, Oslo early May.

Manila/Singapore Colombo/Sues/

Port Said/ Alexandria /

Ganon/Marsellion/ Antwerp/Rotterdam / Amsterdam/Hamberg / Copenhagen/

Gothenburg/Oslo early June,

Agents: SILVER LINE LTD.

"SILVERBKTAR"

ATLANTIC COAST SERVICE

U.S. Atlantic

* ports, inte

April

U.S. Atlantic

ports via 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 CANGO LINER BERvionS

TO AND FROM PACIFIC & ATLANTIC COASTE

LOADING DATES IN U.S.A.

Loadi

Atlantic Coast

Tia

Los Angeles

From

Atlantic Coast

via

Los Angeles

Pacific Coast

For

Manila

Atlantic Const

Los Angeles San Francisco) Los Angeles)

Date

Late March m.v. "BALI**

ARRIVALS

Date

20th March 8th April

Early April

SAILINGS

Data

Vessel

HLY. "DONA ANICETA”

M.Y. “MINDORO

m.v. "ANDAMAN"

Vensel

20th March- * "ESCALANTI”

25th March. M.Y. "DONA, ANICETA"

23.Y. “TAMANA”

Early April

Early April

m.v. "ANDAMAN”

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

MARINA HOUSE Tels. 28676-22670

(Incorporated in the Philippinen) ·

CHINESE SHIPPING OFFICE : Tala:22788-20153

FINANCE

AND

COMMERCE

CHINA BUSINESSMEN London

DISCOURAGED

Shanghai, Mar. 16.

Chinese bustnessmen visiting Japan, hitherto, achieved little success in the way of trade con- tracts, according to Chinese reports today.

Malaya Tin Mines Problems

4

Whatever they have to sell ekber not wanted, or prices are, exs of arbirant compared with those other exporting countrlés. And mait of the Japanese products that they might want to import to China are either controlled by the authorities,

not available, or just not

Arena, Chinese bushcrimen are kept idle most of the time, the repurts said, adding that they stay in good hotels, bave good food ant

provided with transporta ion, hus cannot secure business con-"

are even

tracia.

“Harvester Explosion

Louisville, Kentucky,

Mar. 15, An explosion at the plant of the International Дете Harvester Company today killed at least, two persons injured about 20 and trapped 25 others in the debris, company of- ficials reported.-Reuter.

H.K. Stock

London, Mar. 16. Reference to the heavy cost of rehabilitation of the Malayan Sin

According to the Sino-Japan Trade mines was made by J. I. Spens, chairman of the London Tin Regulations of China, the Japan Corp.. in a special interview Trade Advisory Commluloo in } . with the

"Financial Times" China is to lmpert from Japan com. correspondent at Koala Lum-minication equipment and supplies of rayun, chemical, raw materials. Spena, leaving Kuala Lumpur fertilisers, copper and copper Ptn for London by sea, after a six-ducts, timber, farming implements, market. weeks visit to Mainys, told the certain goods and seedlings, mathing

machine parts, newsprint, correspondent that a statement and

pur,

and electric meter,

to

ore,

en war damage claims would be various heat of great assistance to the in-coaltar and end liver oil.

Chlan is to export In retur Ile suld it would: cluntry.

such articles from Japan aflect decision to be taken on palus, hemp, sugar, salt, cereals, future developments and

beams, hides al furs, Ufl saya cash requirements.

tabacco leaves, camphor-Reuter.

The expenditure incurred and to be incurred on the rehabilita-] tion of the tin mines was heavy, he emphasised.

more

He did not anticipate that tin companies would distribute)

than "token dividends" until it is known where such companies stand on their war damage claims.

་

N.Y.Stock Market

CUTY,

New York, Mer, 19. Aircrafts and selected indietríalo pave a falety kind areont of themselves in to day's stock market while many Lender stumbler.

Aviations were relatively lively from

pectation with resimamient Joantring baying.

While in ranging to a point of so distributed numerous minut well

He forecast that there

are bound to be further talks on the present tin price "in the the start next few months."-Associated Press,

Lancashire's Effort

« remained.

There were 490,600 transfera. Chines included Douglas Alrcraft, Berry Bore Bound, Caterpillar Tractor, Fanta Fe. Lockheed, Farnsworth Televi sion and Radio, and Consolidated Vulter.

Amonst the stumblers were Pullman. Valon Pacile and Paramount Picture.

The Dow Jones kverngru were--Blocks

Ottawa, Mar, 15, Canadian Finance Minister 01.05. 20 Induststala 107.82, 18 Malls 50.11. Douglas Abbott said today to Ulities 12.12.

Closing quotationa

Adana Expres

that Canadians „pre "delighted" 15%. Alanka Juneau 3%. American Gan about the announcement from 7%. America Smetting 50, American Manchester that the United Telephone 148. American Toband 60%. Kingdom will immediately in-American. Waterworks 74, Anaconda Copper #1%, Aslation Corp B, it br crease export of textiles to Lovernative 13, Barnaḍaŭ 31, Bendix Avia- Canada by approximately 100,- tien 28%. Bethlehem Stoel 81%, Boeing 000,000 yards or 10,000,000 Alreraft 26. Borden Co. 19%, Canadian Pacific 10%. J.T. Case 87%. Chryder pounds by weight.

10%. Colmate 39%. Commerelei Bolvent 3. Corn Products #214. Dupont 106, Eastman Kodak 19, Electric Light Power 11%, Gen, Electzló 12%. Ben. Motors 61. Goodrich 485. Goodyear 40, Homeslake Mining 19, international Harvester 84, Internations! Paper 14. of Inter. Tel & Til, 17%, Joknu Manville 30%. Kannecott Copper 153, Montgomery

Canada has a favourable trade balance with Britain AB against an unfavourable balance with the United States.

The Canadians say they can absorb 300,000,000 yarda textiles from Britain. AB- sociated Press,

120 Passengers Rescued

Ward 18, National Distillers 19%. Na sional Lend 81%, New York Central 18%. -Fuckurð - Motors -4, -Yan..American Air. ways 94, Pennsylvania AR 10%, Dan Carp, 9. Repubile Bioel 3%, Kaysoldi Tobacco FT. Bchrater -26%. Bear Bom buck 04. Abell Oil 60, Socony Vacuums 47%, Atandard 16% Southern Pacide Brends 224, Standard Oll of Californis 27. Blanderd Dit of NJ, 72, Studebaker 17%, Union 1 23%, Union Carbide 12, The gunboat 'Nanan" of the U.S. Rubber 19. 0.8. Steel 89%. U.S. Amoy naval base arrived here Lines 17%. Westinghouse 11%, Youngs town Shret Tube 40%, Gen. Pub. with 120 rescued.passengers vilties 12-Ariolated Free and luggage from the, China Merchants Stoam Navigation's alip 'Halhu', which grounded off Quemoy Island on March)

13.

Amoy, Mar. 16.

1

The ship went aground in à heavy fog while en route to

Shanghai. As Amoy from sociated Press.

Japs Executed In Shanghai

Two

I

SILVER & GOLD MARKETS

Bombay Silver: Ready, per 100 roles 164 Rupees, 00 Annas; Forward, Per 100 talas 162, 14: Marwari (un- official) 164, 02 Gold: Delivered, per tela 110, 01; Forward (unofficial) 110, 64; Sovereign :70, 05.

One toia is equal to 3/4th of an

ounce.

Exchange

There a

氨 lack of Interest in the

A.K. GOYT.. LOANS 45% Loan 10in.

$% Loan (LUNG) 993⁄41⁄2®; (1948) 100%,

BANKS

.. B. Bank 2050

(Lam. Reg.) 100% Chartered Bank £111⁄4n. Mervanilie Bank A, & B. £21. Bank of Fast Asla (X.D.) 129.

INSURANCES

Canton in 450n.

Union In Tush, 790ch.

China Dodeewellera 2 kb. 8.10. H.R. Fin Ins. 325a, 359ka.

Douglas 260

SHIPPING

H.K. & M. Steamboat 15p.

IncheChina (Prof.) 100%: (Def.) 100n Betle (Bearer) 24/4340,

U. Waterboats (X.D.) (BA,

DOCKS, WHARVES, GODOWNH, RIC,

H.K. K. Wharves, (0) 180

(N) (P, d.) 160n.

IN) PP.) 115.

.K, Dock #2b, 5%. 81/99. China Providents 23%1⁄2b; 24m, 84/23% na. Shanghai Dockyards 29.

MINING

Raub Wines &%b. 71⁄4%», Tex. H.X. Mines 03.

LANDS, HOTELS & ELDGS. H. & Hotels 191⁄4, 19a. H.A. Lands (Old) 92b; (New) zob, Dock Shanghal, Landa 0445, 7,100, 8,TUSK. Humphreys Fataten 176.

H.K: Beatties 180.

Chinese Fatales 1900.

· PUBLIC UTILITIES ILK. Tramways (X.D.) $85, 1949,

11.

Peak Trama (Okt) 285; -(New) 145b Star Ferriew (X.D.) 1296, 10146. 150km, Yaumeti Ferries 02b. 62% xa.

Lights 2014; 2ıb, 261⁄4«, zien.

(New) 196, 200

*II.K. Electrics (X.D.) 51346, 52, 82km.

Macao Eletries Zik.

Kondakan Lights 101⁄2b.

Stock Exchange

London, Mar. 19. Despite inclination the part of | operators ta xwall the onlevha of the Parla conferuar,, most sections of the alock markets kavu today, abawa "Arunase. Bupport from the proviners måde “for guine among brewèrkus under the lead of Denekar, which work 2/ť hleber at $1/8. There was also small busing of landing miskellaneous industrial tistem, resulting bi widowgrond improvements of a

phon

PRESIDENT LINER SAILING 5.

REFRIGERATION—SPECIAL CARGO OIL TANKS—

CARGOCATRE-SPECTE

TO SAN FRANCISCO

8.8. "General Meigs" (via Manila Only) 8.9. "General Gordon" (via Shanghai) A.8. "President Cleveland” (via Shanghai) 6.8. "General Melga” (via Manila & Honolulu)

April April.24

Maya May 15-

TO SAN FRANCISCO AND LOS ANGELES

(VIA KOBE & YOKOHAMA)

9.8, "President MéKinley"........

Mar 24

8.8. "President Jefferson" (call Honolulu) ............... Apr. 4 S.S. "President Madison" B.S. "President Grant"

April 6

April 20

food

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

Entertainmental provided moz features, particularly Dong cinemas, in which dean Theatres continued their re- rent rips with a guin of 3/4. Úreyhound encing shara were also in demand.

After a very slow stark, the Kelly see- tion went ahead on local support for dividend parere whilst Fran State funues were wivent attention on development re purts in this area,

Western Holdings galved 27. at 89/.. Eiltederd were subject to a mall smoont of pressure, and resulted in lome up to 1/4 per cent. Consul 2% Low thin nasauni al 17.

Monies from thh mietion hayé beso ́And- In their

inte Electrical Supply, abaret.

Forela zilz und faruigh bande spent an, uneventful dar but European stocke were fractionally better, SECURITIES 1

British Console, 24*

TO

L

Conversion Lomn, #1%. 1961, . 1043% * Funding Loan, 4, 1960/50 .. 113-9/14

War Leas,%7%. 1952

Courtaulda, ard.

Dunlop Rubber Co. Imperial Chelanle imperial Tobaccos Marks & Spencer

COCHIN, BOMBAY, SUEZ AND

· MEDITERRANEAN PORTS

8.8. "President Buchanan" (Ex "Skidmore Victory") Mar. 19 8.S. President Fillmore" (Bx “Rutland Victory") ...... Apr.. 5.8. "President Tyler" (Ex “Iraq' Victory")

8.8. "Mankato Victory" one mja

Apr

Apr. 11

AMERICAN PRESIDENT LINES, LTD.**

St. George's Bldg.

Tel. No. 1TB/20145

Annerlomm Pioneer Line

Arrivals from New York, Boston,

Other Atlantle Ports via Panama

Sailings to Manila

103

War Loan, 1

102-13/10

Victory Bonde, 45%

1132

INDUSTRIALS↑

Portland Cements

VI/E

Bylish American Tobanen

2-17/22

6.5 "PIONEER WAVE"

British Cola m

22/5

J. & P. Costs, ord.

21/0

4. "DURANGO VICTORY”

10/9

10/0

#0/10%

s.s. "PIONEER WAVE"

613/18

8.5. "DURANGO VICTORY"

00/44

Vickers Ltd. art.

27/4

OIL SHARES:

Anglo-iraniLD

150/R

Burma Oll Ca, ord.

60/10/

Mexico Engle

30/8

Trinidad nauhoidu

31/

L-33/3X

200/3

曬

BE%

Jan. 8. Manchurian Kly, 1o%, 1929 28°· BANKR

Royal Dutch

Shell Transport

Venezurian Oil

FOREIGN BONDS:

German Loan (Dawn) 1% Japanen $%. 1007/17 Japanese 5%, 1925/55

Chartered Bank ........................ 11 Hoog Koos & Shanghai Bank 190lá Mercantile Bask

MINING SHARES:

Consolidated Bokfelds Consolidated To............... Orange Tree States Trimi Free States Developmenta

Redderand

Saint Helenas

Telephones (Old) BOR," 49%; (New) #9%) wat Driefontiens

Shanghai Clau 61⁄2 m.

INDUSTRIALS

Cald. Macy. (Ord.} #b

Canton Ice Tn.

Cermente (X.D.) 424, 134, 48%%/42JĄ®. 31.K. Ropes 284:

STORED &c. Dairy Farma (X. Rtu.) 62.

(Right) 175,

Watsons (X. Rt.) 53%

(Right) 284b, 299, 291200- Lane, Crawfords 671⁄21⁄21⁄2b, 30/88%=6 Binceres 9.700.

China Emporium 13, 11. Bun Co., Ltd 0.

Kwong Sane Kane 268h, 20kia. Wing On (H.E.) 14.

Wm. Powell, L. f.

MISCELLANED US

China Entertainments idag.

H.K. Constructions (0) db; {N} `SB, Vibro Piling 11n.

Karuhan Investments 11/8n.

Maromen (H.K.) 1.46.

COTTONS Ewos 19b, 19 mm.

Money Market

Lydenbare Estatom

Selection Turke

B

Due Apt

H

Salls Apr. 3*

9

Sallings to New York, Boston, Philadelphia penag

Baltimore & Other Atlantic Ports via

Panama Canal

-Special Cargo Oil Tanks---

8.8. "AMERICAN MERCHANT".. Duo Mar, 20 Sails Mar.21

For Full Particulars Call

·

UNITED STATES LINES

Tel. 81251 (8 lines)

General Agents

2132

Queen's Buliding,

67/4

2/4

-59%

1/1

12/0

69/735

26/9

25/3

Ukon

#0/1056

Tabae Seeuwrition

1-2/18

Johannesbuez Consolidated

139/4

OIL:

Anglo-American

108/

British Nurma

British Bornes

Heuter.

Recovery Proposals

London, Mar. 15. Recommendations, made by the British National Committed of

of Commerce International Chambér

the

to the European Recovery Programme conference meeting, opening today in

Paris, include, frus

„finity, a systRIN

multilateral settlement-instituted by the Benelux, France and Italy should be extriided to the whole of

Europe and balances made effectively convertible into dollars.

Gold continued its down

Secondly, mens man be found of grade yesterday and closed at using the proceeds of the mid for a $381 a tael, as against $336.50 | settlement of international balances, the previous day. It had open. Thirdly, foreign private invent- edat. $884 and was up tomentbeth Intra-European and ex. $386.25 for a while before it tra-European should be encouraged

and Burgos Aires-Sovereign, buyers alid.

exchange control should U.S. dollars were steady at removed, starting with

Fourthly 70.50, aller 71.50; US, Eagles, 129.56b, 131.008: Gold, Bar, per 55.65 for notes, $5,76 for drafts transfers on current account.

and $5.85 for TT Shanghal, Mot, 16.

gramme, 6.75, 7.05.

Fifthly, exchange rates should be Japanese

Bangkok Gold, Bar, per bale Plastres opened at $12424 adjusted or the appropriate time to Gendarmerie

a 100, went up to $12.50 and their true economic levelengt officers, who tortured hundreds of weight of 15.244 grutamen $16: Ex- Chinese during the war in con-change Rate (selling) Bangkok on closed at $12.40.

Oiler. recommendeżieda šallow, ex- nexion with the rescue of United New York T.T. 21.25; London $9.00;

Chinese National Currency pectable lines of graur cooperation, States Air Force plots were using Kong (3.54.

Paris Napoleon 4,209, French 10 futures opened at 18% tents abolition of restrictive practices, In cressed, traite, between the East and ecuted by a firing squad yester-fratic colns 1,975, Swiss franc 4,075, and closed at 18.2 cents for West of Europe etcRester. day.

They were Kubel Hegl, Chief Unibe Latine 3,950, Boveien 5,450, CN$10,000. There was

U.S. Dollars | transaction in spot which was of the Specia) Division of

the Hair

20,Doliuri col quoted nominal at 15-8/8 cents.| ters In Paotung, and Nexi Ma- ($40)

9,950, Sovereigns (in frer dol- Tienis eased off to $27.40 x goto, a sergeant in the same divi- fare per ounce) $74.6, Napoleons (in 100 whilst NEL. Guilders climb free dollars per ounce) $71.5, U.S.

ed to $31,70, 100. The two Japanese each wrote Dollar Note (in black-market) 345.

Sterling appreciated soven letters to their relatives in Japan and had a bath before the

$13.10,, but Australian pounds News York: Undband-Reiner, were unchanged at -12.53, execution Roster Saiy

Japanese Gendarmerie. Headquarcin (201igue“

sion.

Pacift Far East Live

Fait Regular - Trans-Pacific Servica

Do

Notice To Consignees. 8.8. ESANG

From STRAITS * CÁLCUTTA

Damaged cargo at the above vesal will be surveyed in the premises of the Hong Kong & Kowloon Wharf di Godown. Co. "Ltd., between the ^ hours; of 10 ‘am. and 6 pm on Thurs- day, 18th March, 1948 alamees are advised": to. their Representatives, prese

| during the Survey,

Cona

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO ...y» PORTLAND, VANCOUVER & SEATTLE.NE m.s. "BOUGAINVILLE"

SAILING 6th APRIL

ARRIVALS FROM PACIFIC COAST

m.8.-"ROSEVILLE.........

DUE-2nd-APR-

SAILING FOR SINGAPORE PORT SWETTENHAM, EVT.

PENANG & BATAVIA,

3rd APR.

PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese Freight Agents.

HOO FOOK PING

THE BANK LINE (China) Ltd

Apply

THE BANK LINE (CHINA) LTD.

King's Building. Tel. 27799

BARBER WILHELMSEN LINE

M.V. “TAMERLANE” MA

Loads 21st March 1948

for

NEW YORK via PANAMA

calling at

Yokohama, San Francisco, Los Angeles, Panama, New York, Boston, Philadelphia & Baltimore.

For freight ass further periiculars apply to:

DODWELL & CO., LTD., Agents cagkong & Shanghai Bank Bldg. Telephone 22991.

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.V. "KAMBODIA

Loading about 20th APRIL

h!}

SAILING DIRECT FOR BANGKOK

"PRODUCE"

LOADING 18th MARCH, 1948. SAILING. 19th MARCH, 1948.

JEBSHUN SHIPPING CO

USAID: