1948-06-23 — Page 16

Pago 12

THE CHINA MAIL, WEDNESDAY, JUNE 23, 1848.

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as

KONINKLIJKE JAA-CHINA-PAKETVAART LIJNEN K. V. AMSTERDAM

JAVA-CHINA-JAPAN' SERVICE

“TJIBADAK"

Arrivals

"In port.

"TJITJALENGKA” from Asoy

"TJISADANE”

29th Jingg

1 MarasSAT

& Javaports 6th July

J

Ballings

to Javaports

• & Macassar,

to dos Ports

& Macassar 7th July

to Javaports

18 Mingussar

21st July.

· ASIA-AFRICA-SOUTH AMERICA-SERVICE-

"TEGELBERG"

"RUYS"

STRAAT MALAKKA"-

7

Arrivals

from

South Amerlen,

South Africa, Wald Junie

fr

South Africa South Amerien

from

South Afri 1th August

Sallings.

to Shanghai

A Japan

28th Jane

to South Africa,

South Amerles,

12th. July.

to South Africa

South America tah August

to South Africa & South Amosien vin Manila Strafts & Batavia 29th Sept. Transhipment cargo on through Bs/1, to Dar-Ex-Salaam,

Mombasa, Zanzibar acerpted on all sailingy. SUMATRA-MALAYA-CHINA SERVICE

FINANCE AND

COMMERCE

NANKING'S BLUNDERS, APATHY AND INCOMPETENCE UNDER S'HAI FIRE

+191

London Stock

Exchange

London: June 21.

the The gilledget section was

bright spot in the London stock marketa korlay. Buying or- does resultert in all round rise of 1 per cent.

Shanghai, June 22,

Nanking officials came under heavy fire for thoir

“blunders, incompetence · and apathy" from the City Council." Chairman, Mr. Pan Kung- chan, at the opening meeting of the Sixth Plenary Session of the Shanghai City Council yesterday. Mr. Pan, in his outspoken speech, warned that the present economic crisis would destroy both na- tional labour and capital if the National Gov- ernment continued ignoring public opinion and switching from one "haphazard" plan to an- other.

The Chairman said that poli-¡ tically China is

to supposed have 4711

entered

of the stage democracy, but China's consti- tutional democracy today was suffering from semi-paralysis,

Other sections were stult scattered selling. The strike of London lock-workers Introduced fresh note of caution, loves- lors are hesitant of putting their into industrial equilles, money Money from sales of these issues is being chandelled into gilledg- ed.

Turning to Shanghai's serious economic situation, Mr. Pan said that speculatorn and manipula- tors are blamed for 'price in- creases, but the truth was that South African gold mines con- Stranghat is "just a big lake for tinued to be under the influence die capital" which flows from all

the gloom which exists

In parts of Chinn to Hongkong, Johannesburg. Sentiered selling America and other countries.

throughout

Arrivals

Sailings

"VAN HEUTSZ" -

Jong

B

to Stralis & 23. 1-1

anch Strands $1 Jun

2th July

caised sull

Josser

Else Fist,

From A Delt

to Strails

A Stat

Th

S. I Delt Cathy

"HEINRICH JESSEN"

Agents: HOLLAND-EAST ASIA LINE

*MARIEKERK”

*MOLENKERE"

Tanks Availaide

Arrivals

From Japan

& Shanghai

28 June

from Europe, 26th June

Sailings

to Europo vin Strafta

tu Europe

vin Straits,

SECURITIES

......

Pritish Cessmole, 245 Conversion Lown, 324, 1991 30503/16 .. 113-3/1C Palma Linn. 4, 1966.DA War Lout, M. 1982.

War Jen, *:

304-11/18

Victory Benets,

+

Il Tribeport, 36

tja

20

INFUSTRIALI:

Portland Cement

72/0

Both June,

British American Tobacco

$4

British Celanese, ord.

2074%

Courtaulds, orð...

37/10

teru,

d

Duralup Ruhler Co., and.

70/-

Trial Chemies) bolust, ord. trup, Tubacen Co. 107 6.3. & 11,

$7/0

6-1;10

Lover others & Bindevors, art,

Angu

Marks & Spencer, ond,

40/10

Par Jalamet, er,

40/9

Standard Mature, ord,

24/5

Woolworth (P.W, to, and .. MINE STAKES.

7/10 12

Jezio

Corp.

C/0

2.16/14

for old in bulk

"MEERKERK“

Ed July

28th July

End August

Transhipment cargo on through Bs/I. nccepted to

Mediterranean and Northern European ports,

Agents: SILVER LINE LTD.

Arrivals

from US.

2 JUNE

Office Address: King's Building,

"SILVERBRIAR"

Sailloga

to 1.5.

Alantic Purls,

Va Shanghai

Both June

Phones: 28016 & 28017

Coven

Min

Nowdydro Mir

That" "MinirY******** Buring Mars

Hub Nigete

Tavur Tin Cu

OIL SHARES:

DE LA RAMA. LINES

"EXPRESS-CARGO-LINER-SERVICES-

TO AND FROM PACIFIC & ATLANTIC COASTS

LOADING DATES IN U.S.A.

Loada

Atlantic Coast

Los Angeles

via

from

Atlantic Const

via

Los Angele

For

atlantic Coast

via

Los Angeles

-Atlantio- Coast-vin )

San Francisco

& Los Angeles >

Vessel

Dnie

Early July Late July

m.y. "TONGRAI”

ARRIVALS

Dale

To port Ma. July

Mi, August

SAILINGS

Dato

25th Juno Mid. July

nie. "MINDORO"

Vessel

82. "DONA AURORA" 1.v. "DONA NATI"

my. "DONA · ANICETA"

Vessel

3.5. "DONA AURORA“ m.y. "DONA NATI"

30th June'

m.v. "HALLAND"

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)_

CHINESE SHIPPING OFFICE Tels. 23738-20153

MARINA HOUSE

Tel. 23676-22675

13/11...

A/D

4-7/10

1/0

Anglo-danan Oli

17123

Altwch DiL

26/2

Bartun C, sol

04/17%

Mexico Engle 1,

16/0

Trafilmit Lennebulda -1.14,

.30/6

In Dutch Du

24%

Prozori Ull FOREIGN BONDS:

37% 111-104

Gorman La

(Dawes) 7% Juniors G/47 Juur %, 19259

R

*#15 214/2

Jup. So Muchekuriam Rips, GM, 1923° 27 DANKB:

Chartered Bank

121%

Shelf Transport

1.K. & Shal Banking Cor. 120 Mercantile Bank of India "A" 221, --Resler.

M

Money Market

Industry's Demand

Four urgently needed measures for the prevention of the iptal collapse of Shanghai's industry were contained in an appeal ad- dressed to Nanking authorities by the Shanghal Native Goods Manu facturers

11 Association, learned today.

was

The mensures were: 1-Resump- of industrial loans by the 1lon of Government banks; 2-Opening of the exchange market for ex- porters; the Importation of raw materials needed for production; and, 4- Greater supply of electric power for factorics.

Australia

Drops Rationing

Canberra, June 2)..

The rationing of meat and clothes in Australia will end

tomorrow. the Australian Primo

Minister, Mr. J. B.

confirmed

today.

Chifley, The declalon was made by the Cabinet last week after a review of wartime controls following the defont of the Government In recent re-. ferendum on the retention of Federal price controls,

Mr. Chifley's statement was fasued white closed conference

proceeding with State Premier on tha future of price and rent con- trol.Reuter.

ела

SILVER AND

3--Greater facilities for GOLD MARKETS

The potillon contended that all

these measures

were

reasonable and within the power of the au thorities to be carried out imme- diately-Reuler.

NY Stock Market

4,075

Frs.

Paris: Napoleon French 10 franc coins 1,800; Swiss

trone 3,875; Union Latine 3,775; Sovereign 5,190; Half Sovereigns 2,220:

U.S.

Dollars coln ($20,00) 19,800; U.S. Dollars coln ($10.00) 9.350; Sovereign (In free dollars „per ounce), $71,3; Napoleons (0 dollars per ounce) $71.2; Dollar rote (in black- market) 347/352, -

Tree 13.5.

per

Alexandria:-Gold,

idir- rhern" 103

pinstros; Egyptian pound 490: Sovereign 501; Tur- pound 360, Napoleon 370; key Dollars (pieced cinq)" "490;" Silver

(plastres per Kilogram) 625.

. One "dirrhem" equals 1/10th of an ounce.

New York, June 22. The stock market dropped on Monday for the sharpest overall decline in more than

a month. Losses of one to more than two points were numerous and only Bombayi-Silver,Rendy;—per Iow stock-notably ails 100 tolas 175 Rupees, 08 Annas; finished with gains. Losers in- Forward 175, 08; Marwarf (un- cluded Pepsicola and Western ofeial) 174, 04; Gold, delivered, Air Lines, Central Texas Com per tola 113, 14; Forward (unof- Pacife Western, Para-cial) 114, 12; Gold, Sovereign pany,

75, 08. --Other-gainers-besides--Rich-. One-tola equals 3/8th of an field oil, which ran counter to ounce. the trend in Jumping 0 points

inaunt Pictures.

and then dropping back for n Buenos Aires-Sovereign. 03.- -Gold-hud--another quiet day. Anal 4% coin at 43%, vera 00, sollers $0.00, U.S. yesterday, opening at $323,75 and Maracalbo Oll, Sinclair Oil, Sun- 104.00b, 169.00s; Gokt, Bar, Per Gramme, 0,00ml, 10.00ns.Reuter. closing at $324.37 22 tael, ray on. Higest and lowest rates of the clay werd $325.00 and respectively.

tha

The market stendled in $323.00 Anal trading. Transfers totalled

1,750,000 shares.

Deliveries totalled 4,970-taels, of which 2,470 were official and

2,500 mamelul.

Plastres

tres opened at $11.35 and closed at $11.32% 100.

Chinese

The price decline was orderly, largely because of lack of buy ing interest at prevailing price

than rather

Aggressive levels selling. Many traders are await- or four point National Currency Ing for a three

futures decline in individual stocks be- opened at 28 cents for

(for fore they get back in the market and 32 cents for spot CN$10,000) and remained un on the buying side. changed troughout the day.

Ticats were caster at $26.00 a 100.:

NEI Gullders spurted to $46.80 100, a jump of $3.50 on the trevious day.

Sterling appreciated to $14.25. while Australian pounds cased uff to $12.53.

20

Dum Junce - Average)

Storks 74.04.

Industriale 189.71, 15 Ralla 60.55,

10 Uitle 25.62.

Closing quotations Adams Express x1, Alaska June - American Can 84%. American Smelling 68%, American Tele phone 165147 American Tobo T. American

SINO-SOVIET AIR PACT PROBLEM

Hong Kong Stock Exchange

Interest in the market is at a low ebb,

1.K, GOVT. LOANS

447 Bonn Fath

a's Loan (1934) 2018 445 Loan (1948) 10165. BANKR

ILK, AB Bank 2150.

(Jeon, Jes.) 2120m.

Chartered Bank £120,

Merrantla k. A. & B. 42%. Hank of Fami Aalm 1409, 34lam. INSURANCEA

Canto la 974.

Union In AN, #5. China Unfrewriters 7.30A, H.K. F-1 20. SHIPPING

Denzlanes 175.

1.KM, Niesmials. 15p, Inda Chinas (Pret) 950, Indo Chinas (16) zelo. Shell Beater) 77/61.

Waterbonis 17.

DOCKS, WHARVĖS, GODOWNS, ETC.

FL.K. A K. Whares (Oldy 1961, 15h.

15.

(New) (P. Pij 1006.

.K. Doek 156, 300, 35%**. Chlon Providersta 27lya, S'hat Dockyards 21s MINING

Haul Mine 116an.

Л.К. Жінка,

LANDS, ROTELA A HLDGS.

H. 9. Hotate 165 h. 17 be H.K. Lands $1 b, #3, What Landn 54, 554%, $20. Humphreys Estates 23. 2.K. Healtiem 180. -Chinese Estates 1900, PUBLIC UTILITIEN

1.K. Trays 236, 211⁄4«. 23ım. J'enk Trama (0) 221. Peak Truma (New) 14.

Star Ferries 1346, 139ma,

G. Light (old) 24», 24 cm. C. Luhte New) 2010.

H.K. Elestrlen 46%, 40%. Mara Kiveries 2014. Sandakan Lights 14%e. “Telephones K.

Shal Gražu.. INDUSTRIALE

Caki. Mncy, 10r1.) 2. Canton Ives 7.

Cements 44b, 47, 405%/ H.K. Ropes 18h, 18 STORCH &c.

Delry Farmin (910) bin. Daley Farm (New) $10.

"WATHINE" "(021)***$81, ~600, KUNG

Watsun (New) 50n. Lane Crawfords Bĩa, Blaceres AL.

China Emporium 12.00. Son Co., Ltil. 25 mi

Wing On 13.8.3 1900, Wn. Powell, Kut. 130. MISCELLANEOUS

China Entertainments 47n. - HK. Constructions (0) N. H.K. Constructions (N) n. Viron (E. Ris) On. Vilirim Blachta 46, Maruman, lovestmentä” 13/316′′ Marsma, (H. K.) 1 COTTONS

Ewas 204.

Eogles,, RUBBER, ETC, COMPANIES Anglindans n Consolidate Stubber Rn. Kota Bahroo 2n. Padang Rubbers 1.40n. Itubber Trusti ekin. Aamngan Hubber 1, B'hal Pakang Zn. "Fannh" "Meraha 14n. Tebone Rubbera 901, Ziangbe Rubbers 7,

ex-

TIGER BALM KING'S NEW VENTURE

Shangha June_22. A Chinese report from Naà- king said today that the Chinese Government .18 Beriously con

problem of dering the tending or terminating the Sino- Soviet air agreement by which

Nanking June 22. Russia is permitted to operate a The Singapore.. Tiger Balm commercial uirlinɔ from the So magnate, Au Boon Haw, is or- viet border to Tihwa, capital of ganizing a company to give Foo Waterworks 74. Anaconda | Sinkiang province.

chow,

capital O provincial Copper 10%. Aviation Corp. 6%, Baid-

The agreement, which expires Fuklen Province, a modern water wii Lacomolive 1836, Darmadaži 432. Bandit Avistian 33%, Bethlehem Steel

In 1948, calls for one year notkee supply system, according to a in advance.

responsible offell of the Over- 20, Boeing Alrers? 24%, Borden Co.

the seas Chinese Affairs Commission. 42%, Canadian Pacino 18, 7.5, Case 49, The agreement has been Chrysler 1%, Colgate 40%. Commercial subject of seathing criticism at In his first major investment af- PATENT MEDICINES Solvents 24%, Gora Product G2, the National Assembly. Some ter the war, the inulti-millionaire Dupont 185, Eulmari Kodak 18%, Elec Assemblymen attacked the 50- will take up half of the total Tokyo, June 21.

trie Light & Power 22%. General Elec viet airline as a spearhead of shares himself. Twenty-five Eric 40%, General Motor 3. Goodrich Communist Japanese trade officials today say. Goodyear 44%. Homatske Miningstigation of tribal

aggression and in-percent of the shares will be said that the Toyama Chamber of International Harvester 21, Inter

Insurgence taken by Taiwan còpitalists: The Commerce ut Northwestern Hon-national Paper 30, International Tel against the Government.-United remaining 25 percent wil be sold, khu had received an inquiry from wz. 14%. Johna Mahville ARYA Press,

In Foochow, with the Fukien' The Yutong Company of Hong Kam Copper $94 Montgomery

provincial Government offering National" "Distillers" 19%%% "Kong-regarding the purchase of ward" 68%

to buy any unsold chares. A mo-Nation—Irod 27.16—Jan Tork Central various Japanese patent dicines.

10%, Packard Motors 5%. Par-Amariandard Qu of Calif. 734%, standard on Taiwan delegation will alscuss of NJ. 89%, Misdekor 17 Un the project-with AL-Evon How Aleware -10%. Penniziranda - RB° 19‡%. The officials said the Yuteng Radio Corp. 14, Boal 90k 18%, fle

Daa 87%. Union Carbide 42. US. In Hong Kong after which pre- Company proposed to sell the publle Blesi 30, Iteynolde Tobacco 37 Rubber 4%. U., Steel 9014. U.8. Lines parations will be made to set up medicines in South China and in

Westinghouse 304. Youngstown the company-United Press. Bebenley 10%. Bears Rosback 40%, bet 174. other countries of Southeast Asia. oua, Bocony Vacuum 28, Bouthern Sheet & Tube 62%, Gen. Puli. Uusities -United Press.

Pacif. 58. Standard Branda 28% 16-Associated Press,

CHINA MERCHANTS S.N. CO.

15 Connaught Road West,

S.S. "HAI HSIA”

SAILINGS

Telephone 31613,

Singapore June 23 S.S. HAI HSUAN Singapore & Bangkok June 26 (With Passenger accommodation) Cargo for Tsing-Tao, Hankow & Tientsin acceptablo

on through bills of lading.

FOR FULL PARTICULARS PLEASE APPLY TO THE ABOVE

F.

TAY KEE & CO.

STEVEDORES, TRANSPORTERS, & GENERAL CONTRACTORS

Suppliers of Junks, Harges, & Blean Endpches.

Bascial Work for Heavy Catgūts, reliable

and reasonable charges.

Tels: 31518. & 28836. 5th Floor, David House No 67 Des Voeux Boad, Central Hongkong

Pacific Far East Live, Inc.

Fast Regular Trans-Pacific Service

DIRECT SAN FRANCISCO LOS ANGELES

VESSEL

18. "IKAN VICTORY"

m.8. “BURPRISE":

*JULKA

LUCKENDACET"

sa. "GREAT REPUBLIC"

*

OVERLAND

NEW YORK.CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN/EUANADIAN CITIES.

Arrives

Jana-23

From

"Ban-Francisco

June 24

dan. Francisco Jana 284 Ball Francisco

July 0

-For-

-Juno:"26–San-Francisco–

June 25 | San Francisco

vis› OkinawRZE Juno 27. Ban' Frazolina

*July 7 Ban', Franolaiskdə «V«»

UN GOZDBY: CARGO KU CARGO OIL T

Elenarsi

UNITED STA

New York, June 21. Representatives of the United Mine Workers indicated today at the close of a 3-1/2 hour nego- Usting session with anthratile mine operators that the confetees would begin on Tuesday discuss- ing "speciile demands for a new contract : covering anthracite miners in Eastern Pennsylvania, --United Press. ·

MAN LEE

|› BOARDING - MASTER-

SUPPLIERS

-OF-SHIP'S CREW 13,-HIll Road, West Point, HONG HONG

TEL. NO, 21208- TELEGRAM: CHIPMANLER LICENSED BOARDING HOUBE

FOR Beth'sionsw=.

PRESIDENT LINER

Sailings

REFRIGERATION-SPECIAL CARGO OIL TANKS---

CARGOCAISE SPECIE

July

uly 3

July

July 17

3

TO MANILA

5.5. "General Meigs"

TO SAN FRANCISCO

8.8. "General Melgy" (via Manila)

5.8. "President Wilson", (via Shanghai)

5.5. "General Göfdð!" (vir"Shangha}}- wudutaszerowa pavir-July-31-

TO SAN FRANCISCO AND LOS ANGELES

8.S. "President Grant"

8.8 "President Taft"

June 27

July

S.S. "President Pierce".

July

To NEW YORK, BALTIMORE and BOSTON

via PANAMA

8.8. "Dartmouth

Victory"

B.S. "President Harding"

June 24 July 12

TO NEW YORK BOSTON AND HAVANA VIA MANILA, Singapore, COLOMBO, COCHIN, BOMBAY,

SUEZ AND MEDITERRANEAN PORTS

8.8 "Mount Rogers" (calls Karachl)

2 July July 17

S.S. "Marine Leopard" (calls Karachi}

AMERICAN PRESIDENT LINES, LTD.

St George's Bldg.

Tel. Nos. 28172/20175

American Pioneer Linie

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

"PIONEER BAY"

"STAGHOUND" "RESOLUTE” "COURSER"

In port July 18

July 22

July 30

Sallings to Manila-

"PIONEER BAY”

June 24

"STAGHOUND"

July

"RESOLUTE"

July

July 31

"COURSER”

Sailings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports vla S

"PIONEER TIDE" "PIONEER BAY"

Panama Canal

-Special Cargo Oll Tanks-

In port ............. Dus July 14

For Full Particulars Call

Salls June 25 Sails July 15

UNITED STATES LINES

General Agents

Queen's Building,

1.2

Tel 31251 (3 lines)

H.K. & MACAO LINE

SS. KWONG TÚNG"

S.S. "KWONG SAI”

DOCKING from 23rd to 25th

AND WILL RESUME HER

SAILING FROM 26th JUNE

At 2.00 P.M.

HONG KONG DEPARTURE:

4.00 PM:-DAILY- MACAO DEPARTURE:

10.00 A.M. DAILY

Yau Cheong Shipping Co. Mow Sang Shipping Co.

180, Des Vaaux Rd. C., 2nd Fl.

Telephones: 21022, 20010

3, Connaught Ad. W., 1st F).

31605 Telephone:

Gubject to alteration without notice.

For passage and Freight particular plexes apply to above,

Y

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND m.s. "FRANCISVILLE"

42 8th JULY m.s. "BOUGAINVILLE"

6th AUGUST COAST

ARRIVALS FROM PACIFIC JUNE

m.s. "BOUGAINVILLETE VA

SAILING FOR SINGAPORE PORT SWETTENHAM,

PENANG & BATAVIA....

25 JUNE PASSENGER ACCOMMODATION, BULK OIL TANKS

Applyi Chinese Freight Agents."

THE BANK LINE HOO FOOK PING

(CHINA) LTD. THE BANK LINE (China) Ltd.

1

King's Buliding." Tol, 2179】

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MORELIA "

loading about 30th June

WWW for

** ADEN," ANTWERP, ROTTERDAM, HAMBURG,

OSLO, GOTHENBURG AND COPENHAGEN

Tanks avaliable for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

FJGINE MOLE