1948-07-17 — Page 12

THE CHINA MAIL, SATURDAY, JULY 17, 1948.

ROYAL INTEROCEAN LINES

*Incorporated in the Netherlands as

KONINKLIJKE JAWA-GIKA-PAKETWBART LIJNEN HL VL AMSTERDAM É

JAVA-CHINA-JAPAN' SERVICE

TJISADANE”

"TJIBADAK"

- "TJITJALENGKA"

Arrivals

from Amoy . 19th July.

frum Macaenor and Javaports 20th July,

from Macassar

A Javaporis

3rd August.

Ballinge

tò Javaporis & Macassar 21 July

to Javaports

and Macassar 4th August.

to Javaporto

& Macassar

19th August,

ASIA-AFRICA-SOUTH AMERICA SERVICE

"TEGELBERG"

Airlinta

In port

"RUYS"

from

South Africa

South America

Zial August

"STRAAT MALAKKA" from

է

South Africa 14th August

Ballingi

to South Africa. & South America

via Manila

Stralis & Batavia

17th July 5.00 pm,

to Shanghai

& Japan

4th August.

to South Africa

South America

vin Manila

Straits & Buinvia

23rd August

10 South Afrlen & South America vla Manila Straits & Batavia 30th Sept.

Transhipment cargo on through Ba/L to Dar-Es-Salaam,

Mombasa, Zanzibar accepted on all szilings,

SUMATRA—MALAYA-CHINA SERVICE

"HEINRICH JESSEN"

"VAN HEUTSZ“

Arrivais

from Swałow & Amoy 17th July

fron B. Deli

& Strulls

316 August

Sailinga

to Straits

A B Dell

18th July

to Siwntow

& Amay

4th August.

Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK"

Tunks Available

for oil in bulk

"MEERKERK" "ANNENKERK"

Arrivala

from Japan

A Shanghai,

20th July.

from Europe

7th August

from Europo

End August

Bailing

to Europe

.

vla Mastila & Straits

28th July,

to Europe

Tla Straits

8th September

to Europe

via Straits

Mid September

Transhipment cargo on through Bá/L accepted to

Mediterranean and Northern European ports.

Agents: SILVER LINE LTD.

"SILVERSANDAL"

Arrivals

from U.S. Atlantic Ports Mid August

Office Address: King's Building. Chinese Agents: 82, Connxv xht 'R4.,

Sallings

to Atlantic Ports

and U.S.

End August

Phones: 28018 & 28017.

Tel, 31196 & 21535

FINANCE AND

COMMERCE

STERLING BALANCES PACT Agreement Between Britain And India

Hong Kong Stock Exchange

*It is difcolt to follow the trend of the market which is in a seleçtive mood. The amount of business transacted this wich han again bern, on

moderate bastu.

Quotations have kept remarkably sy and, any pressure to sell remains absent,

The Hong Kong Bank has declared iniurien dividend of £t free payable

on the 24th pton.

IEK, GOVT. LOANBI

4% Loan 10lb.

84% Loan (1974) X, Int. 100p.

Loan (1948) X. Int. 100 b.

HANKS:

31.8. & R. Bank 205th, 2000, 2010/to

Hom, Bew) 116. I Chartered Bank 211. Mercallie Dark A. & D. £22% 1. Bank of East Aufu 14In.

INSURANCES:

Canton Ink, 27.

Union In. 1608, 760, 100.

China Underwriters 71⁄2n, ILK. Fire Ins. 290b.

SHIPPING:

› Douglases

201m.

JL.K. AM. Nteamboat

161⁄4b,

|

Indo China (47) Põhi (Del.) 294H. Shells (Heater) 18/3n.

U. Waterbunta 16b, 35, 17/7

HIGHLIGHTS OF ARRANGEMENT

London, July 15:

The following are the highlights of the agreement between Britain and frdie on India's sterling balance signed in London on July 9 and pub. fished today:

In view of the current level of the balance in India's No 1 Account, no further transfers from No. 2 to No. 1 Account will take place in the 12 months ending July 30, 1949.

Dealings. In Securities

London Stock Exchange

Landon, pl 16.. Block-brokers arrived at their offer today.. folbi hit 'Lá ruinh publication, of the Rasalin reply to the three-power sote.

šarly

Z www good deal of healtancy in the Block Exchange when desllips' start. c Prices in most ́adetlond ward mærkel lower in unticipation of siling arders. Later, however, ledding” ládéstriálu par- Wally recovered their earlier jouan buh severthelwe the undertone in mil svetloña De- remained very soft and sensitive. clines on the day snovated to 's how

altedged stocks' realstad the

my until midday, when wecanlonial los of 1/16 appeared.

Maximum transfers from No. 2 to No. 1 Account of £40,000,000 In each of the two ensuing years will take place, but no transfers. are to

London, July 15. the take place unless balance on the No. 1 Account at Notices posted at the Lon-pério anty. the end of any month is less than don Stock Exchange today £60,000,000,

...outlined new restrictions on India's net drawings of hard currencies from the central ro- dealings in British securities serves in the 12 moythe ending by persons living outside the June 30, 1949 not exceed the Sterling area. equivalent of 16,000,000. Hard currency drawings In the ensuing two years will be nego- tiated later.

South African talase were offered by

develop.

local operators and there were some sharp fattial fails, Belling did not however, and prices began to recover an some beer clostar. SECURITIES:

The Bank of England, it was

7434 Confiralot Loan, #%*%, 1981.. 20434 annunced, will limit issuance of British Console, 25g .... the licences required by non-Yunding Loan, 4%, 1900/00., 113 India will pay £100 million for residents to switch holdings from War Loan, 34%, 1962 the defence stores and fixed assets one security to another.

War Loan, 8%. taken over by the Government A Bank of England spokesman Victory Bonde, e

securities have DOCKS, WHARVES, GODOWN, ETC. of India (before partition) on said that

been. British Transport, 8% Into 13 April 1, 1947. This payment will divided

Portland Cement will be per Dritish American Tobacco North Point, Whieven Ab, n, Dun, be a full- and Anal settlement for ordinarily switches and that 1 INDUSTRIALA:

British Celanees, ord the governments of both India mitted only within the groups.

But licences for switches willis, & P. Conté, ord, be

Issued on a broader basis to Courtaulde, ord.

H., K. Wharven (03.2586, 2050m, 3,246 (N) 160n.

HK. Docka 2ONU, BENA, KRĒMA,

Chin Providente 296, 2555, 23.10km.

Shanghat Dockyards 18n.

MININGI

Hub Hines, n

ILK Miner „010.

<

LANDS; HOTELS & BLD09.1

Hotels 180, 1.

A. Landa K2«, 12an,

Shanghal Landa 5.10b, 6%. Humphreys Estates 12%.

H.K. Hestilen 18a.

Chinese Estates 1900.

PUBLIC UTILITIES:

H.K. Tramwayn 22%5; 2844#, 25km. Peak Trams (Old) San; (Nowy 12n,*

Biar Forries 1976, 188/75/kas.

C. Light (028) 24,20%: (New) 20%. 1.R. Electried 44%, 45\26, 480m. Macao Electrics 14.

Bandakan Lighte 18% ny

Telephones 425, 441.

Abanghal Gen 61⁄2ận.

INDUSTRIALE:

Cald, Mac. (Ord.) 26b

Canton Tees 7.

Cements X.D, 4%, 41, 42%/timo.

R.K. Ropes, 18%, 10%).

#

STONES &c.

DE LA RAMA LINES

Londe

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIO & ATLANTIC COASTS

LOADING DATES'IN U‚§ ̧A ́ ́-

Allatio Consi

随

Los Angele

From

atlantic Comes

vis

Los Angeles

For

Atlantic Coast

Los Angeles

Date

Mid. July Early Aug.

ARRIVALS

Date

24th July 19th August

SAILINGS

Date

28th July

Trasel

m.v. "TONGHAITM

m.v. "MINDORO"

Vessel

m.v, "DONA NATI" m.v. "DONA ANICETA"

M

Yeast

m.v. "DONA NATI"

24th August MLN. “DONA ANICETA”

BOOKING AGENTS for · P.AL.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Telm$2867622075

:

CHINESE SHIPPING OFFICE * Tel. 38788-20158

ISBRANDTSEN

Fabrandisch Company Ina.

20 Broadway,

New York

STRAITS • INDIA * PERŠÍAN GÜLP • MEDITERRAŃRAN UL. À CONTÍNUện 4 w skór * A. JAMÈRICA”

STEAMSHLEY DIVISION

SA FROM ÜNVANISHAILS

FAR HAST

Dairy Arma (2) DỊ GIA ĐỊN

(New) 51.

Watson (Odly 62% b. (1«. 85/612en.

[New] 58, 596; 1815uR. Lane, Crawfords -65%,

44

Hinceres 78.

China Emporium 12.60s,

Bun Co., Ltd. 4.708.

Kwon Dung lieng 10ôn

When On ALK.) 1801.

Wai. Powell, L. X.D. 12. MISCELLANEOUS

China Entertainmenta en. H.R. Constructions (0) Vibros (Old

- {N)−#n;

10b; (New) Bb. - Markman Investments 18/8. "Marsman ((IX) TYD. COTTONS:

Evo 166, 171, 189** QUABER, ETC. COMPANIES:

AugkJ

Consolidated Rubbers in. Kota Bahro 2a.

Padang Rubbara 1.407, Rubber Trata 4a. Hem Nübbers · 1 1⁄44.

Shanghai Pabank 2n.

Toush Merahs 14. Tehong *Nubbers .9ln. Ziangbe Rubbers T ~~Heuter.

SILVER AND'

GOLD MARKETS

Bombay Silver: Ready, per

and Pakistan.

.+

The sterling pention obliga- tions of the Dominion of India persons who have held specifle Duales Rubber Co. ord.

Pine Cotton Spinner will be captitallseso at £147,- securities since May 1, 1947.

Imperial Chemical Industries. Non-resident security holders Imperial Tobacco Co. 805,128 and those of the pro- vinces of India at £20,816,341. will still be able to transfer Into Indian Iron & Biel Co., ard. Britain will help India to ob- British Government securities or tain imports, including non-fer-stocks-Associated Press, rous metals: cottons 'and plywood.

Pakistan's Agreement Money

The discussions on

Pakistan's

Market

sterling balancea in London were In another active ression yes. concluded on July 14 by the ex- terday gold touched $331.75 a tael change of a series of letters be- shortly after the market opened tweenh the Chancellor of the at $329.50. It eased off to $330.25

Sir Stafford Cripps, at the tipin interval. This after Exchequer, and the Finance Minister of Pa-noon was quieter, and the market kistan, it was officially announced, closed at $320.25. today.

The letters will bat published next simultaneously in London

and Karachi.

Exche-

Lowest rate of the day, which was in the afternoch, was $328.25. Deliveries fotalled 8,550 taels, of which 5,580 were official and 2,000 unomcial.

Levers Brothers

Marks & Spencer, ord. Pinchin Johnson, ord Btandard, Motors, ord. Vickers Lid, ord. Woolworth (PW) OIL SHARES,

| Anglo-Irisien d

Allock DI Bure Off Co, ord. Trinklad Leasthölda Mexico Eagle Oil. Co. Royal Dutch Co. shell Transport Venesuela Oil

BANKS Chartered Bank

AMERICAN PRESIDENT LINES, LTD.

KEPRIGERATION—SPECIAL CARGO ÓIL TARKE.. Kékessa CARGODAÏAN SPECIE

TO MANILA

"Marine" Leopard". "President Buchamin” ...........ia

TO SAN FRANCISCO

"President Wiljon” (via Shanghai) "General Gordon" (via Shangtial) .... "President Cleveland" (via Manita)

July July

July 17

... August 1

............................ August

TO SAN FRANCISCO AND LOS ANGELES "President McKinley" (via Japan and Honolulu)

"President Jefferson"

"President Madison"

**** July 22

August

August 14

To NEW YORK, BALTIMORE and BOSTON vin PANAMA

Solomon August 1s

8

"Furman Victory" (via San Francisco). "President, Tyliz” (via Ban Francisco)

A

'ROUND-THE-WORLD

VIA' MANILA, SINGAPORE; COLUMBO, BOMBAY, KARACHI.

BUEZ, ALEXANDRIA, 'NAPLES, GENOA, MARSEILLES, NEW YORK AND BOSTON.

"Marino Leopard" (calls Bombay)

July

"President Buchanan" (calls Karachi & Bombay) "President Fillmore (calls Karachi)

July

August

General Agents:

Northwest Airlines

Lykes Bros. Steamship Co., Inc.

St. George Bldg.

1024

204%

114

.... $%

72/4

TH

10/75

89/116

1/4

(1/4

45/8

-1/24

19/2

"RESOLUTE"

4677%

*COURSKI"

10/43

51/9

10%.

26/1

"STAGĦOUNDY"

77/45%

"RESOLUTE".

"COUBSER“

130/433

82/R

60/2014

10/10

11/1

201

3.13/14 113/4

11*

“RTAGĦOUND" "RESOLUTE”

22%

tợng: Koof & Shanghai Bank T15% Méreantila, Bank MINING SHARES: Orange, Pris, State Investmen's ́ 48/73% 15/AR West Hind

25/74/

Free Blaten Duvalopmenta

The Chancellor of the quer will make a statement in the House of Commons on Thursday, Plastres opened at $1160 a 100 Bait Halens .... July 22, it was added. The firlan~) and closed at $11.65. clul discussions with Pakistan proceeded

simultaneously

Chinese with

Wost Driefontiens President Steyn Goldmine Lydenburg Estates National Currency Bouth African Township

those on the Indian sterling bal-sild further down the scale as Johannesburg Cons

futures closed 'at 114 conté and ances Reuter.

spot at 14 cents. It had opened at 12 cents and 15 cents respec- tively.

་

NEW PI CONSUL FOR HK

Manila, July 15. Consul Tiburcio C. Baja is leav

ing for Hong Kong on the first available transportation to take over the

Ticals were... unchanged...at. $25.00; and NEI Gulders at | $45.20 ́ a 100.

U.S. dollars again firmed up to $5.45.

Sterling also went up to $14.25, Republic's consulate but Australian pounds were un- there, It was bicially learned changed at $12.53. todny.

He has just returned to Manila

from his post in San Francisco,

where he had served da Philip Notice To Consignees, pine Consul for 19 months-Reu-

ter.

PI LEGATION

FOR NORWAY

Manila, July 15.

5.4. "CHAK BANG" From Calcutta/Straits/Salgon arrived 13th July, 1948

Damaged cargo ex this vessel will be surveyed in the premises of the Hong Kong & Kowloon Norway is establishing a Lega-Wharf & Godown Co. Ltd. be 100 talas, 170 Rupees, 01 Annas; tion in Manila, it was disclosed tween the hours of 10 am and Forward, per 100 tolas, 170, 11 today. The Arst Minister will be 5 p.m. on Tuesday 20th July, Marwari (unoficial), 170, 10. M. Nicolai Aall, who is concur- 1948. Consignees are advised Gold: Delivered, per tola, 114, 02: rently Norwegian Ambassador to Forward

(unofficial), 113, 10; Chins, who arrived here yester-to have their Representatives Sovereign, 75, 00. (One tola, is day to make arrangements for this present during the Survey. cquel to

to th of an ounce.) formal presentation of credentials Buenos Aires Sovereign, buy to President Quirino-Heuler.

err

175.00

Eagles, buyers. 100.00, sellers

95.00, seliers 102.00; U.S.

Gold Bar, per gramme,

1,300

buyers 9.50, 'sellers 10.00.

Paris-Nupoleon

RN SHIP FOR French 10 franc coins 2,100, Swiss

· VESSEL · frane, 4,275; Union Latine 4,180::

London, July 15: Sovereign 5,675. Half Sovereigns The.. British torpedo recovery 2,500; U.S. Dollars coln ($20) versel Bimbang has been: trans- 21,500; U.S. Dellars coin (310) ferred to the Malayan Royal 10,300; Sovereigns (lo free dollars Naval Volunteer Hererve as a re- per, ounce) $77.1; Napoleons, fin pluckment for Malayan: ship. free dollars per ounce) $18.5; lost during the war, the Ad- U.S. Dollar notes (in black muralty

announced tonight.- inacket) 370,--Router.

Peuter.

NY RUBBER

10/734

BU.

16/3

10/14

INTH

63/1

New York, July 16. Rubber closed 20 higher to four lower. Sales "were 34′′con=" tracts. July 22.40 nominal, De- tcember 22.55, March 22.50.

No. 1 ribbed smoked sheets 24 nominal.-Associated Press.

Notice To Consignees

m. "RHEXENOB” Damaged carga ex the above Vessel will be surveyed at Holt's Wharf between 10 am.. to 12noon on.18th & 17th July. 1048, and consignees' represen– tatives are requested to be present during the survey.

BUTTERFIELD & SWINE, Agents.

1

Hong Kong, 18th July, 1948.

NOTICE TO CONSIGNEES HOLDING

Consignees are warned that claims for damage or shortage may not be accepted if the P. 4.0. B. L&. E. I X. damage is not surveyed' byl⠀ BILLS OF LADING "Messrs. Goddard' & Douglas in

the presença of Consignees Messrs Goddard & Douglas Representatives at this ag-whi afemid at: 10 ha, on Mon- pointed time,

days and Thursdays within the from: storage... period, jo garvey. & damaged cargo, and consignons are requested to have their ↑ropawsontstelvom present, Unless consignees representatives" aro present at the Survey no clatina can thereafter be edinilitod,

JARDINE, MATHESON

CO., LTD.

'General Managers, Indo China Steam. Navigation

Co., Ltd.

Pacific For Can Live Love

Fast Regular Trans-Pacific Service

DIRECT

SAN FRANCISCO, LOS ANGELES

New York vis

Shanghai,“ Kobu July 18

Arrivo

"LOUIS

SLOSS”

DAVINGS

Karachi and

Koşu bay

New York vlakno Shiangħat, Enchon Dianila, mad ́porta KokofiSTER, N. VIDE

July 76.

TRADER”a July, 20,

A. P. PATTISON &CO. GENERAL AGENTS, CHINA, FORMOSA # HONGKONG CHARTERED BANK BUILDINČO SA TEL:/ H8114)

OVERLAND

NEW YORKCHICAGO-DETROIT-TORONTO MONTTILAL," AND ALL AMERICAN & GANADIAN UNTIES.

ER MÁLAMO VICTORY".

In Port

Bombay

Bad

Ka, "NAVA

VICTORY”

-"LIGHTNING“

NDBY CARGO

Badla

Inly 17 Bhas

NON, MACKENZIE COLVALINTA

RED. E. N là

Co., Ltd.

MAN LEE

BOARDING MASTER

*SUPPLIERS

Tol. Nos. 28178/28175

وشراء

American Piomcor Linie

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

"STAGHOUND"

Sallings to Manila

In port July 19 Aug.

July 17

July

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

Pátiama Canal

----Special Cargo Oil Tanks--

‚Due 'Aug.

For Full Particulars. Call

Aug.

Sails. Aug. &

Sails Aug. B

UNITED STATES LINES

General Agents

Queen's Building,

Tel 31281 (3 lines)

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO EVANCOUVER, SEATTLE & PORTLAND

5th AUGUST m.s. "BOUGAINVILLE” m.s. "ROSEVILLE"

6th-SEPT.;

ARRIVALS FROM PACIFIC COAST

177, 2716 ́ JULY

m.s. "ROSEVILL

SAILING FOR SINGAPORE PORT SWETTENHAM,

PENANG & BATAVIA..... PASSENGER ACCOMMODATION.

Chinsen Freight Agents. HOO FOOK FING THE BANK LINE (China) Leds

30th JULY

BULK OIL TANKS

*Apply:—14

THE BANK LINE-

(CHINA) LTD. King's Ballding. TeL: 27792

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MALACCA"

loading about 30th July

ADEN, PORT SAID, CASABLANCA, ANTWERP,

ROMTERDAM HAMB

GOTHENBURG AN

OSLO

THE EAST ASIATIC CO., LTD.