1948-03-18 — Page 12

Pag. 12

''THE CHINA' MAIL, THURSDAY, MARCH 18, 1948.

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as

KONINKLIJKE JAE-OWNA PAKETVART LIJNEN NÚVZ AMSTERDAM BE

JAVA-CHINA-JAPAN SERVICE. ・・

Due from

**TJIBADAK"

Manila & Amoy. 28th March

#TJITJALENGKA"

Amoy

20th March

Salling for

Sailing for

Batavia, Semarang,

Bourabaya &

Macassar,

28th March.

Manila and · Amoy 4th April

Batavia, Semarang,

Sourabaya. Macassar 14th April.

• ASIA-AFRICA-SOUTH AMERICA SERVICE

"RUYS"

Due from

In port

Sailing for

Shanghai

Loading for

Mania, Singapore,

Hatavia, Maurition,

Lourenco

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

burban, East Londen.

Port Elizabeth,

Mosselbay, Capetown,

Buenos Aires, Monte-

video, Santos,

de Janeiro,

29th March,

Halling

5 p., 31

lo

March,

Transhipment cargo on through bill of ladise accepted for

Dar-E-Salaam, Mombasa & Zanzibar.

"BOISSEVAIN”

South America

South Africa

Mid April.

South Africa

1

South America end April

SUMATRA-MALAYA-CHINA SERVICE.

"YAN HEUTSZ”

Agents

"QAASTERKERK"

"ALPHACCA"

"RIDDERKERK”

Due from

Belawan, Dell,

l'enang

Singapore

21st March

Sailing for

Swnlow & Amoy.

Sailing for Singapore, Penang, Belawan, Dell, 2nd April,

HOLLAND-EAST ASIA LINE

EUROPE SERVICE

Due from Shanghai,

5th April

Europe.

on er about

2nd April.

Europe.

tarly May

Loading for Manila /Slogapore/ Colombo/Snel/ Port Said/ Alexandria

Genoa/Marseilles/ Antwerp /Rotterdam/

Amsterdam/Hamburg/ Copenhagenf Gothenburg/Oslo 5TH APRIL,

Manila, Bingapore, Colombo, Suex,

Port Said, Alexandria Genoa, Marseilles, Antwerp, Rotterdam, Amsterdam, Hamburg. Copenhagen, Gothenburg, Oslo early May.

Manila/Singapore Colombo/Sues/

Pori Bald/ Alexandria/ Genoa/Marselltes/ Antwerp/Rotterdam / Amsterdam/Hamburg/ Copenhagen/ Gothenburg/Oslo early June.

Agents: SILVER LINE LTD.

"SILVERBRIAR"

ATLANTIC COAST SERVICE

U.S. Allantle U.S. Atlantic poris, late ports via Suez Apri

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

LOADING DATES IN U.S.A.

Loads

Atlantic Coast

via

Los Angeles

From

Altantio Coast-

Los Angele Pacific Coast

For

Manila Alianzia Coast

Los Angeles

?

Date

Vorrei

www

Late March m.y. "BALI" Early April 9.5. "DONA AURORA”

ARRIVALS

Date

- 20th March 5th April

Vessel

1

m.v. "DONA-ANICETA”

“MINDORO

m.v.

Mid April m.v. "ANDAMAN"

SAILINGS

Date

Vessel

20th March B. "ESCALANTE”.......... 25th March. m.v. "DONA ANICETA" Mid April

1.v. "TAMABA”

BOOKING AGENTS for PAL

THE DE LA RAMA STEAMSHIP CO., INC.

·(Incorporated in the Philopitian) C

CHINESE SHIPPING OFFION Tels. 28788-20153

· MARINA HOUSE

Taix. 28676-22676

CHINA MERCHANTS S.N. CO.

Connaught Rond: WN

FINANCE

AND

COMMERCE

FIGHT AGAINST INFLATION Top-Level Deliberations In Nanking Two-Edged Plan Under Review

Hong Kong Stock Exchange

Duk with queriailors unsteady.

П.. CDVT, LOANK 4. In 101

*4% Lown (1038) 99156. 5% (194) TOO,

ΠΑΝΤΑ H... Rank 2050s, 2010.

Len. Hex.) 120. Chartered Bank £11. Mercanti Bk. A. 1. £21440. Jank of East Asla X, D. 1298.

1 INSURANCES

Canton Iss. 4065, Union In Tash.

China Underwriters 7, 8, H.K. Flow Ina, 8209.

SHIPPING

con

H... bowl 13. Il Chine (Pert) 1900. fro Chinas (Dri.) 300K.

Bella (enter) 75/-n,

(), Waterbosta X: D. £50. DOCKS, WHARYES, GODOWNS, ETC.

1.K, K. Where (HA) 1901,

H

AR.

¡Novi (P. Pd) 18hrs.

(New) (P. P) 106, 1070

B.K. Dock 22, 23, 32%/." Chlum Providenta 281⁄2b, 24. Bhal Dockyarde' 290.

Haul Mine 7n.

MINING

HK. Mine .05).

LANDS, HOTELA & BLŊGS. HAB. Hotele (b. 19. 11.K. Lands (Old) #2 #1,

1/4AK

MK Lande (New)

S'hat Inda b

Humphrey Exister Yis,

1.K. Realism 180 Chinese Estates 190p.

5b, 0la, pan.

PUBLIC UTILITIKA

H.K, Tramways X. U. 231, 23. 25.

Peak Trams (Old) 23b,

Peak Trams (New) 14b.

Bar Ferzie X. D. 130.

Taumati Ferries 410, Sis.

C. Lights (OM) £1,80%, 24», 28.90/24an.

C. Lights (New) 306, 20a,

R.K. Electries X. D. 1b, 81%.

Mac trien 2x,

Sandakan Lights 40b.

Ba

Telephones. (Old) «1⁄4‰»‚ à1⁄4‰00. Telephones (New) Bhanghai Can Gin.

INDUSTRIALS

Call. Maer (Ord) 21b,

Canton Tees 7n.

Camenta X. D. 47b, 42/483⁄41⁄2m. H., Rope Zib, J.

STORES .

Nanking, Mar. 17.

Top-level deliberations, which began yesterday, are expected to continue in an attempt to de- vise means of stabilising general llying con- ditions and arrest Inflation, informed sources said last night.

London Stock

Exchange

London, Mar. 16. markets were rather

of the uncertalo worldt

·

In yesterday's talks, sponsored by the Prime Minis-unseled and easier today under the

ter, General Chang Chun, the main parti-political situation. cipants were Mr. O. K. Yui, Finance Minister; Dr. Chang Kia-ngau, Governor of the Central were unable to Bank, and Mr. K. P. Chen, financial expert. Their unmediate alm is to present bring, relief into the economic chats upon the pattern as set forth by President Chiang Kai-shek,

now

A double-edged plan is under contemplation, providing:

(1) Far periodical publication of the note issue to keep the actual public informed of the amount in circulation;

(2)

Allocation of US$400 mil: lion worth of Government-owned assets as reservs fund to back the currency as issued.

N.Y.Stock Market

New York, Mar, 17. Porrien and dimentio news put a chlil on Tuesday's stuck market and tenders ne thele aharbert and wittest set- back after ently February, Many pivotala

Anlahes! down on se around three polate. Transfers intelled 940,800 shara. Liquidation was blamed mainly on grow ing war talk, spreading labour disputes and persistent businom skepticism.

Central, Included Ninois Lowers Baltimore and Ohio, Cocacola, Douglas Abrerall. Phelps Dwar, 20th Century

In the first place, as a measurel of reviving people's confidence in considered the

currency it in

actual the necessary to reveol Jamount of the note issue from time lime as the Government has too often felt that the unofficial. Pacifio Western Oil, Gulf Oil, Santa estinates of the total amount of paper money in circulation exag gerated.

Thus far, the figure as given by only the Prime Minister, ranges

10 30 and acmewhere between thousand million.

Government Assets

Fv.

€0.12.

Dew Jones Averappe-Bleeke 20 Industriale 166.39, 16 Hall 48.00, 10 Utilis 1.06,

Expres

|

The stock

influence

holding off, prices With buyers

withstand small pell- Ing. British Fonds recorded losses of 1/1 whilst Transport 1% after late ing 1's, recovered to close at 3/16 lower on balance at 96-11/16.

Today's list of dividend announce ments showed another crop of in- Industrial Sher- Create Among wood Faint. benefitted from the in- crease and gained 1/3 at 27/3.

The

Elsewhere in this section, minor Jusses were uppermost hue this trend was resisted by store shares. diamal story continued in oils, in weak, which Anglo-Iranian were feature with a loss of 3/16 at 2-5/6,

Selling on behalf of both Landna sol Johannesburg depersatu South "Middle Wits · weze African mines, around 2/ lower at 11 while Wen- decilned to $6/6. Other Holdings mlues, including coppers and dia moule followed the ruling trend.

In the foreign band market there

flungarian Kupport for

and German issue. BECURITIES

WEA

British Convola, 216 Converaton Loan, 34%, 1961, 104-11/26 Punding Loen, 47, 1980/90 112-9/10

103% War Loen, 19%, 1962 War Loan. Vother Vistory Bonda, 47% British Transport 1%

INDUSTRIALS

Portland Cement Co., ord British American Tobacco

Closing quotationss—Adame 16, Alaska Juneau 1%. American Can 19%. American Smelling 48. Ameriena Telephone 14814. American Tobacco 69%, American Watermarka 1. Anaconde Copper 10%. Aviation Corn. 4. laid- In the second place, it is pro win Locomotive 12%. Darndall 11% posed to set aside US$400 million Bendle Aviation 24. ethlehem Steel worth of Government-owned an 80%. Heng Alrorail 20% Borden Co. sets as a currency backing fund. 38%. J. 1. Case 18% Chrysler 515. Hrithik Celanese

Colanie 88%, Commercial Bolvent, 2215.3. & P. Coats, und, which has been dacking before.

Products 01. Dupont 14. Courtaulde, veď. Among these, US$200 million Corn

Imperial Chemicala will come from the principal Go-Eastman Kodak 17%, Electric Light 4

General Electric 22. Imperial Tobaccos vernment-operated enterprises, Power 14%,

General Motors 59%, Goodrich 47. Pinckin Johnson, ord.. such as China Textile Industries Goodyear 38, Homatake Mininur 38%, In- Standard Motors, ord, Bad the Chinn Merchants Steamternational Harvester 8916. International Navigation Company, and another Paper 49, International T & T 11%. US$50

million from

Japanese Johns Manville 5 Rennsent Copper 44%. Montgomery Ward 45%, National reparations.

18, National Lead 10%.

Amarlen

Airways

At present, the second alterna-Dialiters tive seems popalarly favoured as New York Central 18%. Packard Motor

Fau shares may be purchased back by the Central Bank ne a negotiable Pennyivanis ER 17. Radko Corp. 3%, Real Blk 10%. Regrublle Steel 234. nedium for currency, Reuter-Reynolds

Schenley Tobacco 67, Bears Roebuck 28. ll O 10 Bocony Vacuum 18. Southern Pacißße 469, Bigodard Uranda 23%, Standard on of Call?, 80%. Standard Oil, of NJ. Ti, Blessbaker 18. Union Hag 25.

Dairy Farms (X. Ris.) 416, (2%++ ÄÄP.

$2.

Dairy Farm Rights 17b. Watena (X, taj 35

Watsons Bighte 296, 29. Lane, Crawfords 67b, 58. Sincerce 2.10.

China Emporium IX.

Bun Co., Ltd. 0%.

Kwong Sung Hong 201b, Wen. Powell, 214 12n. Wing On (1. X.), 243n.

MISCELLANEOUS

China Entertalomania 18. H.K. Contructions Old) Gb. H.K. Constructions (New) Bn. Vibro Pin11.

Maruman Investments 12/in. Mateman, (H, K.) 1.40.

COTTONB Ewo 201

SILVER & GOLD MARKETS

London: Silver, Spat, fine ounce, 45d; Forward, fine ounce. 45d; Bar Gold, per fine ounce, .172/3,

New York: Silver, Bar (asked price) 24% c.; Bar, Golf, per fine ounce (official) $55.

Bombay Silver: Ready, per 100 tolas 16+ Rupees, 00 Annas: Forward, per 100 ila 184, 00; Marwari (un-) official) 164, 0%; Gold: Delivered, per. tola 119, 02: Forward (uno@cial) 109, 12: Sovereign 70, 08.

One tola equal to 6th of

ounce.

Money Market

After two days on the descent, gol! yesterday reversed gear and climbed back to $337 a tal after opening mt $334.

It was down to $331.75 before it about turned making a 'straight climb to $118:25. Towards the cluss cased all slightly.

U.S. dollars, after a slight setback

E

Al

the previous day, again firmed up yesterday with notes closing at $5.75,

એક drafts at $5.82 and TT at $5.94.

Pizatzen opened

$12.40 and clos. ed at $12.45 100. No transaction took place in the afternoon.

Chinese National Currency was nominal, with no business passing, at 13 cents for futures and 15 for spot, (for CN$10,000).

cents

Woolworth (F.W.)

100

12356

***%

44/1 $% 21/1044

81/0

40/73%

47/0

6%

32/4/2

11/14/

$1/

JUTH SHARKS: Barnagere Jute Factory, Co., ord. 10 2. guaDER SHABER:

Anglo-Dutch Plantation of Java 18/1 duals Raiampong Rubber Eriate 15/5 - Rubber Plantation Invest. Trust 14/S

INES:

Burma Corp.

Crown Minet Kundrdroog Min Estad Mino Epring Mines Fab-Nigels

Tatry Tin Co.

Union Carbide 26%, US Rubber. Unlos Corporation, and UB Blent 674, US Lines 17%. Westing | OIL SHARES, house 25%, Youngstown Sheet 4 Tube Anglo-Iranian Oil Co. ord.

%. Gen. Pub. Utiles 156Associat Attock Of ..... ed Press,

Britain's Trade With Burma

Turma Oll Co., ord. Mexico Eaxle on Co.

Trinité Leasebalda Ltd.

UN

4-11/18

10/-

9/1

4

1/4

357/0

138/

28/201

64/1036 11% 10/9- 31

Royal Dutch Cos • com Shell Transport & Trading Ca~~2% Vebriuslan Oll Concessions, ord. 1931/101⁄2 SHIPPING

P.&O. B.N. Co., ord....... Bise Indian Gen. Navig, à Rly, ord, 11°N. GILTEDGEDİ

....100%

Funding Loan, 85% **** National War Bands, 38%1

2049/81

1982/04

1984/04

2901/50

101-7/19

101-7/14

1024

PRESIDENT LINER

SAILINGS

REFRIGERATION-SPECIAL CARGO OIL TANKS-r

CARGOCAIRE-SPECIE

TO SAN FRANCISCO

8.8. "General Melga" (via Manila, Only) mon 8.8. "General Gordon" (via Shanghal 8.8. "President Cleveland" (via Shanghal) 8.8. "General Meigs" (via Manila & Honolulu)

24" 18

12

April | 24+ VATA

May 1 ......... May 15

TO SAN FRANCISCO AND LOS ANGELES

(VIA KOBE & YOKOHAMA)·

8.S. "President McKinley"

B.S. "President Jefferson" (call Honolulu)

S.8. "President Madison"

8.8. "President Grant"

Mar 24

.:

Apron Man A April

G

April 20

TO NEW YORK BOSTON AND HAVANA VIA' MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS

8.8. "President Buchanan" (Ex "Skidmore Victory") Mar. 6.5. President Fillmore" (Ex "Rutland Victory") ..... Apt. 6.8. "President Tyler" (Ex "Iraq Victory" 8.8. "Mankato Victory"

210

Apr. Apr. 11/

AMERICAN PRESIDENT LINES, LTD.

FL. George's Bite...

Tal Nos. ESĀTA/ERIJN

Gmericam Pioneer Line

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

A "PIONEER WAVE" 8.4, "DURANGO VICTORY".

AKART AGAA

Due Apt. 2

B

**

Sailings to Manila 5.8. "PIONEER WAVE"; 5.5. "DURANGO VICTORY"

Sails Apr. 8

9

Wan

Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via

:

Panama Canal

-Special Cargo Oil Tanks-

ZAVAHIDDEN

8,8. "AMERICAN MERCHANT".. Duo Mar, 20 Sails Mar. 21 stað. 9.3. "COURSER“.

For Full Pazticulara Call

Pama

•URRAME}

UNITED STATES LINES

General Agents

Queen's Building,

T

·Tel. 81251 (3 lines)

KLAVENESS LINE

SAILINGS

NETA

Direct to LOS ANGELES, SAN FRANCISCO ES

PORTLAND, VANCOUVER & SEATTLE.

m.s. "BOUGAINVILLE” ................................. SAILING 6th APRIL ARRIVALS-FROM-PACIFIC COAST-

1.8. "ROSEVILLE"

DUE APR. 3rd MAXI

SAILING FOR SINGAPORE PORT SWETTENHAM,

PENANG & BATAVIA.

APR 4th

PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese Freight Agents.

HOO FOOK PING

101-1 THE BANK LINE (China) Ltd. 101-15/10

.. 100%

100%

London, Mar, 16. There was every prospect of that the value of exports

Savings Bonda, 1%, 1964/S raw material from Burma to

Bavings Bonds, 2%, 1969/10 Britain next year' would much Bavings Bonda, 372. 1865776 Dy exceed that of the estimated Exchequer, Bonds, 1%, 1960. British export of cotton piece Redemption Black, 3, 1035JDA 0435 Sterling sppreciated further. to goods to Burma, declared Mr. German Loan (Dawes) $19.15. | Australian pounds were

Arthur Bottomley, Secretary Japanma 55%. 1907/47 again, unchanged at $12.95,

for Overseas Trade, in House of Commons today:

Ticals dropped back to $27.20 * 100. NEI Guilders made a slight climb-to: $31.30,

SOVIET ZONE:

TRADE

Berlin, Mar. 16, A new pact increasing trade Aires-Sovereign buyer's Burnos 70,80, selier 71.800.5. Eagles, between the Soviet zone, and 110.30b, 132.001; Gold, Bar, per Czechoslovakis will be signed gramme, 6.75b, 7.05,

soon, Josef Orlopp, President of Paris-Napoleon 4,125 francs, the Inter-zonal and foreign French 10 franc bains 1,950, Swiss trade administration of Ger Lane 4,025, Union Latine 3,925, many's east sens announced to Sovereign 5,350, Half Bovereigns day. 2,300, U.S. Dollar coin ($20) 20,100, U.S. Dollar coin: ($10) 9,*30, Sover- ziga (is free dollars per ounce) $75.2, Napoleons (in free dollars per ounce) $722, Dollar Bank Note 144-Baules

New York, Mar. 17

Crude rubber futures closed five

FOREIGN BONDS,

the Japanese 15%, 1926/59

2114 #

|

Jap. 15. Manchurian Blr., 6% 1013 · 28 MINING SHARESUL Consolidated Golddelde. flossolidated Tim Minse

STAL..

1/4

4/1.

5/3

He was replying to Mr. Wal; ter Fletcher, who had asked whether, "In view of the fact Laden Copper

How Union Gold. that our exports of cotton, plece weak Rand-intuitment. goods to Burma, a country now Free State Develosments outside the Empire, are so Rooderend high in comparison to other Com. Mala Koel countries,, particularly Canada, was Driefontians he will give an assurance that lenbur we are receiving raw material Selection Trata from Burma of an equivalent ausbors Consolidated

"value"

The Russian-German: news Mr. Bottomley, in his reply, reported that reminded Mr. Fletcher, that agency ADN efforts were being made to in Burmis remained within the creuse the Soviet zone, trade sterling group, and added that with other south and eastern supplies of cotton plece goods European nations,

had proved valuable stimulus

to 33 lower;-Sales were 10 contracts. But that does not exclude to the production of rice for

Saint Helena

Apply:

THE BANK LINE

(CHINA) LTD,-. -. King's Building, Tel. 27792

BARBER WILHELMSEN LINE

M.V. “TAMERLANE”

-Loads 21st March 1948

for

NEW YORK via PANAMA

calling at

"ZAI

PA, LATIMai

Yokohama, San Francisco, Los Angeles, Pänäniä

New York, Boston, Philadelphia & Baltimore-

For freight and further, particulars apply tai-

453-

49/43% #7/6) 10/14

121/2

157/4

Sare

& CO., LTD.,

Agents

Reuter.

Mongkong & Shanghai Bank Bldg.

Talep

Notice To Consignees.

Anglo-American Belillä BarDA

Bettiah Borden

VM 8.8, ESANG”JAN

„Arrived 13th March, 1945.

May 19.35.45, July, 18.95, Septem-xchange with any country expers from Burma tothe From, STRAITS I CALCUTTA

* which wants to cooperate with | other, merüberg of the group, ber: 11.35 bidetek

No. 1 ribbed smoked sheets 19%, us", ADN quoted Orlopp as which would otherwise have to

---A Maristest- Peritonae Leaving-United Press,unknakkiseek Hollandarpplies,

Pacific For Cost Lime, I

Service

OIE TORO

SAN FRANCISCO

MONTREAL

"ALL"AMERICAN)1⁄2)

"Damsired cargo ex the above| vessel, will be surveyéd In the} | premises of the Hong Kong & Kowloon Wharf & Godown Co. Ltd between the hours of |10|| a.m.) and co pím von Thora- day 18th March, 1948.1%. Con zignanavaró, advised to 10

- their - Raprese

during

DODWELL &

THE EAST ASIATIC CO., LTD.

`OF COPENHAGE

M.V. "KAMBODIA

Loading about 20th APRIL:"

DEN. PORT,BAI.

S.S.YAN

SAILINGS