1948-03-25 — Page 10

THE CHINA MAIL THURSDAY, MARCH 20, 1948.'

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as

KONINKLIJKE JAMAI-CHINA-BAKETYAART LIJNEN N.VZ AMSTERDAM É

JAVA-CHINA-JAPAN SERVICE

Due from

Salling for

Batavia, Semarang,· .Bourabaya &

Macassar.

28th March.

*TJIBADAK"

Maulin & Amey 26th March

"TJITJALENGKA"

In port

TJIMENTENG"

Japan

2nd April.

Manila and Amoy 4th April

Hatavia. Semarang. Sourabaya, Macastar 14th April.

Macassar. Sourabya, Semarang, Batavia, 6th April.

ASIA-AFRICA-SOUTH AMERICA SERVICE

"RUKS"

Due from

Shanghat

29th March.

Transhipment cargo on through hill Dar-Fa-Salaam. Mombasa Zanzibar. "BOISSEVAIN"

South America

South Africa

Mid April.

Loading for Manila, Singapore, Balavia, Mauritium, Lourenco

Marques, Belra,

Durban, East London, Port Elizabeth,

Mosselbay. Capetown,

Buenos Aires, Monte- video, Santos, Rio de Janeiro.

29th March.

Sailing

5 p.nl. 31st March.

South Africa

South America and April

SUMATRA-MALAYA-CHINA SERVICE

Due from

"VAN HEUTSZ"

Swatow & Amoy. 31st March.

Agents

GAASTERKERK"

"ALPHACCA"

"RIDDERKERK"

Sailing for

Singapore, Penang, Belawan, Dell, 2nd April.

FINANCE

AND

COMMERCE

BRITISH WAGE FREEZE T.U.C. Comes Out In Full Support

London

Stock Exchange

HECURITIES,

Lon. Mat. 15.

British Conante, #56 ...... T1 Contresion Lawn, #5, 196: 104-16/14M Funding Lean, 46, 140/9 11-i Wee Town, 34, 1932

5-21/az

09/1014 54/~

Economic Crisis Report

London, Mar. 23.

was

Warning that Britain's present situation

fraught with enormous possibilities of disas ter, the General Council of the Trades Union Congress tonight came out in full support of the Government's voluntary wage freezing polley.

The warning was contained in an economic crisis report by the General Council to tomorrow's special conference of Trade Union executives representing nearly 8,000,000 organised work-

ne

War Loan. 35%

203.

Vietary Honda, 40%

113-3

INDUSTRIALS:

Portland Cement Co

69/3

British American Tobacco

for 2,32

Feliz Cedar

of lading accepted for

*2/*

Corlashda, ord

42/.

Dailies Co., and

28/0

Duty Rubber Cu, art

71/P

Fund Motor Co., ord

45/2

Imperial Chemicals

49/2

Imperial Tobaccos

Italian Teen & Biteri Co., oril

47/8

Lever Brothers

51/9

Marka Bencer, ent

Plachin Johnson, urd

Blandars Moter, and

20/7

Wilworth (E. Ws Co., and

02/10

KINES:

Mines

0-1/1

Spring Mints

9/2

Union Corintukion

270/+

(PIL NARED:

Anglo-Iranian Ol

140/5

turma Of Ca

69/422

52/--

2

2-25/02 10674%

102.3%

National War Bunde, UK

1249/51

101-17/22tion.

Jn52/54

1964/26

101- 101.

1961/03

104-28/32 107-1/16

HOLLAND-EAST ASIA LINE

EUROPE SERVICE

Due from

Japan,

31st March

Europe,

Early April

Europe. Early May

Loading for Manila/Singapore/ Colombo/Suez/ Port Said/

Alexandria

Genna/Marseilles/ Antwerp/Rotterdam/

Amsterdam /Hamburg/

Copenhagen/ Gothenburg/Oslo 31st March

Manila, Singapore.

Colombo, Bues,

Part Said. Alexandria Genoa, Marseilles,

Antwerp. Itotterdam,

Copenhagen,

Gothenburg, Oslo

Trinidad Lenrehulda

Ruys! Batch Cu. Shell Transporá Venezuelan U11 GILTEDGED:

Finding Lowo, 20

ers.

IN.Y. Stock

Exchange

New York, Mar. 'ja.

After giving the facts and figures on the adverse trade and payments balance which is the key to the econo- sic crisis, the report says: "Unters we can quickly close the gap between or external receipts and payment, or secute very quickly additional as sistance from the United States, Bri- sain may, by reason of the inevitable ultimate exhaustion of her resources and the consequent widespread dis location

of her exporting industries, looked upon In manty esme fil be

from parts of the world as a country whom it is impossible to buy and in

to hell." whom it would be folly to

The Council declared that the Gay ernment pulley for wage treezing f acceptable to the trade unions with.

recent the

Further profit cashing on the qualification that the Government must:

retrained advance

numerus pivolais, Petroleum, (a) Recognise the necessity of re- Among gainers were Warren taining unimpaired the system of col. Santa Fe, Phelps Dodge, 'selfe Western tective bargaining and free negotin.. Northwest Airlines, American A

linne, Pepsicola.

Blocks tended their recovery on A selective wala un Turminy xilhough many market leaders reltrated. While gains of Tractius amand twu polate were well distributed al the cluse. Many signs persisted.

Transfers totalled 1.169,000 staren,

Hong Kong Stock Exchange

There are signe of allahi improvement

fo sentiment, though confined to a site- tire basie.

4

I, K. COVT. LOANE

103,

*

Tan (1954) 99%.

** (1948) loob,

DANKS

H.K. & S. Bank 2036b, 20506; 20£Dea.

(Lon. Reg.) 120%. Chartered Bank 1. Mercantile k. A. & B. E. Bank of East Asia 1206,

INSURANCES

Canton Ina. 405m.. Untion Jna. 79241⁄2b, 800x, 795vm. Chine Underwritten 8, 7400 B. K. Fire Ins. X. D. sion,

BHIPPING

Douglas 250n.

1. KM. Alexraboetie Lin.

Indo Chinas (Pret) 100n.

140 China (Def.) 3000.

· Übella (Bearer) 75/71⁄4n.

"U. Waterbosta 45%a

DOCKS, WHARVES, GODOWNB, ETC.

ILK & K. Wharves (Old) 180b, 1904.

Alnus

+1

1

11

(e) Permit the necessity of adjust. ing the wages of workers whose in below are

reasonable Comes 100-10/16

Chemical, (b) Admit the justification for Legg Included Alled daims for increased wages where Doualan Alterali, Glenn Martin, goth based on increased anipur.

Century Fox.

Jones Dow 10 Industrials 175.30. 18 al 1.89, fu Vito 2.73.

Balega Bunde, 351, 105/65 Barles Nonde, 342, 1960/70.1089/20 Savings Band. 3. 1960/76. 10-16 Exchequer Bands. I. IDEA, Hedemption Block, 1, 1986/34 7

FOREIGN BONDS

Amsterdam, Hamburg,

German Loan (Dawn) 1%.... Inpotter 343, 1907/17 ..

Jopatiese 6%. 1926/09

21 5224

B. Matchurian Bly.. Ah, 1920 25

BANKS

Chartered Bank

12% Hong Kong & Shanghai Bank 120

... 2246 Merrant 15117

early May.

Manila /Singapore Colombo/Suex/ Fort Sald/

Alexandria /

Genoa /Marseilles/

Antwerp/Rotterdam/

Amsterdam/lfamburg/

Copenhagen/ Gothenburg/Oslo early June.

Agents: SILVER LINE LTD.

*SILVERBRIAR"

ATLANTIC COAST SERVICE

U.S. Atlantic ES. Atlantic ports, late poris via Suez April

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

TU AND FROM PAZIFIC & ATLANTIC COASTS

LOADING DATES IN U.S.A.

Londr

Atlantic Const

#

Los Angeles

From

Atlantic Coast

Los Angeles Pacific Count

Manila Atlantic Coast

Los Angeles,

Date

Vessel

Late March m.v. "BALI” Early April

ARRIVALS

PMI

Date

8th April

Mid April

SAILINGS

Dale

.. "DONA AURORA"

Vessel

m.v. "MINDORO

m.v. "ANDAMAN”

Voural

24th March 5.a. "ESCALANTE”

25th March.

m.v. "DONA, ANICETA” Mid April DI.F, "TAMABA"

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Toix, 2367822675.

CHINESE SHIPPING, OFFICE

Tels. 29788-201683-`

CHINA MERCHANTS S.N. CO.

Connaught Road Weat

-Reuter.

BUYING NOT SELLING

standard,

wages (d) Establish standards al and conditions in undermanned essett tial industries to attract sufficient manpower, and

need

Recognise the (c) safeguard wage differential which | are an essential element in the wages

of many

in important structure dustries and are required to stain sandarils of craftsmanship, training and experience.

Profits Policy

The report declares that cuis in import of food and consumer goods by adding -to excess of purchasing Power might make it more dithcult to rasioning and maintain effective

London, Mar. 23. Britain is buying looms from Japan, Mr. Arthur Bottomley, price control, Secretary for Overseas Trade,

Averagent-Blocka 65.95,

Expresa quotations:Alame Clowing 10%, Aldaka Janenu 34. American Can 84, American Smelling 55. American Telephone 140%, American Tubacro 69. American

Thi Anaconda Waterworks Copper 35, Aviation Corp. 5%. Baldwin Bendix Locally 14%. Bordall 50, Aviation 31. Bethlehem Steel 83%..100.

Horden Cu. Aircraft 28,

39% tag Canadian Pacifle 10%. J. L. Ca 39%. Chaler 54%, Colante 41%, Commercial Blent 2. Corn Products 6015; Dupont Electria Kodak (1%%%. 172% Extra Light & Power 17%, General Electrio 14%. Ceneral・・ Mutory BIN. Goodrich 12. Goodyear 41, Humestske! Mining- 38. International Harvester H6%, In tegutional Paper 47%. International Tal

Tel 18%, Johns Manvike 38, Ken. nerelt Copper 60, Monizomery Ward 51, Nationa! Distilor 20%. Nations!

Packard 30%, New York Central 14%. Motors 4. Pan American Airways 10%. Cuts in the impurts of raw

Pennai R 18, Radlo Carb. 81% disclosed today when answering terial and industrial equipment itepublie Steel 2341. Reynolde. Tobacco

打ナー

n question about textile machin- would cause widespread unemploy 1816, Schenker 31, Sears Roebuck 24%. Shell Oit 12. Borny Vacuum 18, ery in the House of Commons. ment and dislocation.

The statement say the trade Bouthern Pacifin 40%. Standard Brands 40%, Standard Oll of Calif, Mr. Bottomley added that he

unionists' economic crisis committee 20%. had no knowledge of any Briad at first considerable difficulty in Standard Oil of N. J. 74%. Studebaker Union Carbide 18. Unlon la tish offer of textile machinery accepting the Government was 102%, US Rubber 42. US Bleel 28 to Japan. The import pro- price and profit freezing policy, prin: Lises 18%. Westinghouse 284. Younge gramme of the Allied Supreme cipally because of the limited and Commander in Japan did not weak character of references to pro- include any textile machinery.fi. --Reuter.

MONEY MARKET

Gold slipped further down the scule yesterday as it closed at $326 tacl. I was one-way movement right from the Leno the market opened at $330,25.

a

U. S. dollars continued steady

An interview with Government leadera gave them, greater assurances than "we had hitherto had from the Government about the steps the Go- ernment proposed to take in the mate ter of prices and profits,Reuter,

N.Y. RUBBER

New York, Mar, 24. Crude rubber closet to to 20 high-

at 85.70 for notes, $5.80 for drafiser. Sales were 139 contracts. and $5.88 for TT.

May 20.60, July 20.20, September. Piastres opened at $12.25 and 20.00 bid, December 19.90 bid. closed at $12,20 a 100. Highest No. and lowest rates of the day were $12.27 and $12.15,

Ticals were unchanged at $26.- 70 100. NEI Guilders improved slightly to $31.50.

Chinese

National Currency for furturen opened at 12 cents

(for and 12.0 cents for spot CN$10,000) and closed at 12 cts. and 13.1 cents respectively.

Sterling was easley at $13.10. while Australian pounds were un changed at $12.63.

London, Mar. 23,"

The people of London are to

1 ribbed smoked sheets 20% nominal-Associated Press,

town Showl Tube 13%. Gen. Tub. Ut8lies 12%ssociated Press.

TRADE TALKS

Madrid, Mar. 21. The immediate opening of negotia tions for a trade accord with France was announced in an official" notice today inviting interested businessten and industrialis to send their opinions on various phases of the treaty in the Foreign Ministry.

The conversations, it is understood; will start Immediately after Easter. -Associated Press.

MOW SANG SHIPPING

COMPANY.

3, Connaught Road, W., 1st Floor Tel. No. 31505. HONGKONG & MACÃO LINE

S.S. "KWONG SAI"

HONG KONG DEPARTURE: MACAO DEPARTURE:

Commencing from 20th March: −10.00 AM. Daily

give the King and Quem a pro- March 25th: 5.30 PM. Bent and a "loyal and dutiful. After 25th Mar. 5.00 PM. Dally. 'address" on the occasion of

their allver wedding, on April

SUBJECT TO ALTERATION. WITHOUT NOTICE."

26, the London, County Council For Passare and Freight Particulare please apply to above, decided today Kouter.

(New) (P. Fa) 100.

(New) (P. Puj 1105, 4801,

H.K. Docks #14b. 326, 21. Chine Providente 24b.

Bhai Duckywns' #n.

MINING

Rath Mine 6.40b. T.

H. K. Mines on.

LANDS, HOTELS & BLDGS. H. B. Hotels 19, 20, 20/10% em: HR Lande (Old) 946, 94, 02/ B.K. Landa (New) 911, 92!4m; DO 11⁄2 KEL. K'bel Lands 6%, 00: Humphreys Estates $70.

1. X. Resilen 180. Chinese Estates 1901,

PUBLIC UTILITIES R.K. Tramways X. D: 2141, 280, 22%

Fook Tram (Old) 236, 23ka.

Peak Trama (New) [Br. Blar Ferries 130n. *

Youmut! Ferries 62n,

C. Lights (OH) zb, 24%■, 24/24% xn C. Light (New) 19% b. 200.

11. K. Electrics 50%b, 61!», 8) 34/5iam.

Macao Electrics 21.

Sandakan Light, 108,

Telephones, (Did) (9%.

Telephones (Now) (8%b, 47. Shathal Gas '0

INDUSTRIALS

Call. Mac. (Ord) 1. Canto Ices In.

Cemania X. D. 44, 44, 43%/4. IL K. Hopen 21%, 274, 21%

BTORES AC.

Daley Farma (X. Nia) 602b. Dairy Farms Right $746, 27. Watsons (X. His.) 50b, Six, Waisons Rights 27b. 17%. Lane, Crawford 68%. Bineers D.30n.

China Emporium 18n. Bun Co. Ltd. an. Kwong Bang Hong 203h. -Wing On (M.K.),_143n.

Kwong Bang Hot 2030. Wing On (15. K.) 14. Wm. Puwell, Lul. 12.

MISCELLANEOUS

China Entertainments. X.D.sa. 351⁄2r H.K. Consirmeisons (DK) 54b. JIK. Constructiums (New) to, Vibro Filing 106.

Meraman Investments: 12/in. Muamat. (H. K.)· 1.40n. COTTONA K 20. Chemore Rubbers 1.30.* Tybong Nubbers 70b, 80km.

Notice To Consignees CONSIGNEES. PER CANADA ASIATIC LINES LTD.

·B.8. ***LAKESIDE"

are hereby notified that their cargo is being: discharged into :the

& Kowloon Hongkong Wharf & Godown Co's godown where it will be at consigneo's risk and subject to the Whorf's terms and conditions of stor- ago, and where delivery may be obtained.

Damaged packages are to bo Taft in the Godown's for examination by Consignees and Company's Surveyors, Mesara, Goddard & Douglas af 10a.m. on the 27th March.

the

Jos

To comply with the General Bonded Warehouse Regulations consignees must have a Ro Parap Franus Officer in attendance when damaged dutiable goods are dxamined.

Pacific For Cart Line Inc.

Fast Regular - Trans-Pacific Service

OVERLAND

NEW YORK.CHICAGO-DETROIT TORONTO, MONTERAL” AND ALL AMERICAN & CANADIAN CITIES,

: "DIRECT SAN FRANCISCO LOS ANGELES

VESSKL

Telephone $10NS.

SAILINGS

5.S. CHUNG KAI

Singapore Mar. 31

68. "FACIFIC DEAR”

BA. “LUXEMBOURG

VICTORY"

Arriva

May 27

Cargo for Ting-Tao, Hankow & Tientsin acceptable.

ad through bill]

FOR FULL-BARRICU)

THÉTAROVA)

*FLEETWOOD" "CIUNA: VICTORY”

From

Los Angeles Ri "Ban; Francisco":

Las Abroten, da

·Ban-Franciaco

CARG

Sails

For

Mar. 28 San Francisco via

Kobe & Yokohams“

San Francisco

San Francisco

SAN

اله

No claims will be admitted after the goods have left the steamer's godowns, and goods remaining undelivered 'after the 28th March will be

aubject to rent..

All claime against the steamier must be prosented to the undersigned on or before the 5th April 1948, or they Ayill not be recognised,

No Fire Insurance will be effected.

DODWELL & CO., LTD

March, 1948,

PRESIDENT LINER

Sailings

REFRIGERATION—SPECIAL CARGO OIL TANKS-

CARGOCAIRE-SPECIE

TO SAN FRANCISCO

8.S. "General Melga” (via Mànila Only) ................... April :

8.8. "General Gordon" (via Shanghai)

8.8. "President Cleveland" (via Shanghai) ...... 8.8. "General Meigs" (via Manila & Honolulu)

¡April 24

May May 15

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

4

April 6 April 20

May

9.8. "President Jefferson" (call Honolulu)

8.8. "President Madison"....

S.8. "President Grant" .....

9.8. "President Plercs".

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

COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS

• 8.6, "President Fillmore" (Ex "Rutland Victory")

8.8. "Fresident Tyler” (Ex "Irgg, Victory").

6.5. "President Monros”

8.8. "Scott E. Land"

Loads To Colombo Only

Apri

Apr.. * Apr. 26:

Mar

AMERICAN PRESIDENT LINES, LTD.

BL. George's Bldg.

Tel No. 2178 /2817A

Americam Promeer Lamo

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

B. "PIONEER WAVE"

8.5. "DURANGO VICTORY"

Sailings to Manila 5.3. "PIONEER WAVE" 8.8. "DURANGO VICTORY"

+

Dus Apr. 2

Sails Apr.

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

8.1. "COURSER"

-Special Cargo 01 Tanks!

Due Apr 3 Sails Apr.

For Full Particulars Call

4

UNITED STATES LINES

General Agents

Queen's Buliding,

Tel. 81251 (8 Itnes)

KLAVENESS LINE

SAILINGS

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

SAILING 6th APRIL m.. "BOUGAINVILLE""

ARRIVALS FROM PACIFIC COAST m.8. "ROSEVILLE".

(*

T

“DUE" AER; Brd-vzg

SAILING FOR SINGAPORE PORT SWETTENHAM,

PENANG & BATAVIA.

APR 4th A

PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese Freight Agents,

HOO FOOK PING THE BANK LINE (China) Ltd

HONG KONG

Applyin

THE BANK LINK

* (CHINA) LTD.

King's Building. Tel. 277926IA

MACAU

FASTEST, COMFORTABLE, SAFETY, SERVICE.

S. S. “CHEUNG HING''

Leave From Hong Kong 3.30 p.m: dally from Tung On Which.. Leave from Macau

·2.00 am.

BUBJECT TO ALTERATION WITHOUT NOTICE.

Particulars for Freight & Passage, des

Please apply to 23921.

CHEONG HING HONG

*

Agents

51, Des Voeux Rd. W. 1st FL.

Tel:23921.

THE EAST ASIATIC CO., LTD.

OF. COPENHAGEN

M.V. KAMBODIA"

Loading about 20th APRIL

for/

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

THE EAST ASIATIC CO. LTD.

Queen's Blég

JIA