1948-07-23 — Page 10

THE CHINA-MAIL, FRIDAY, JULY 23, 1948.

ROYAL INTEROCEAN LINES

Incorporated in the Netherlandia ku

KRONKIKLIJKE JAR, CHINA PAKETUAARI LIJNEN N. VI. AMSTERDAM É

JAVA-CHINA-JAPAN SERVICE

"TJIBADAK"

"TJITJALENGKA”

"TJISADANE".

Arrival from Amoy 2nd Aug.

from Macassar & Javaporta 3rd August. from Macassar

& Javaports 17th August.

Sellings

to Javapärts and Macassar 4th August.

to Javaports

& Macassar

16th August.

to Javaports.

& Macassar

*** September,

ASIA-AFRICA-SOUTH AMERICA SERVICE

"RUYS"

Arrivata

from

South Africa

2nd August

South America

"STRAAT MALAKKA" from

"BOJSSEVAIN"

South Africa 14th August

from

South America.

& South Africa 1st September

Balling

to Shanghal

& Japan

4th August.

to South Africa

South America

via Manlia

Straits & Batavia

23rd August

to South Africa &. South America via Manlis. Straits &

Batavia 30th Sept. to South Africa

& South America via Manita, Straits & Batavia

10th November,

Transhipment cargo on through Bs/L to Dar-Ea-Salaam,

Mombasa, Zanzibar accepted on all sailings. SUMATRA-MAĻAYA-CHINA SERVICE

"VAN HEUTSZ"

"HEINRICH JESSEN"

"ANNENKERK"

Arrivain

from B. Dell

& Straits 3rd August

Sailing

to Swatow

& Amoy

4th August.

to Bwałow

from B. Dell

& Straits.

& Amoy.

10th August

11th August

to Straits & D. Dell

18th August,

:

FINANCE AND COMMERCE

NEW EXCHANGE CONTROLS TO BE IMPOSED UPON HONG KONG

London Stock Exchange

London, July 21.

London, July 21.

Detailed exchange controls for Hồng Kong are be ing worked out with those concemèd, Sit Staf- ford Cripps, Chancellor of the Exchequer said

in Parliament today.

The measures would prevent the flight of dollars from Hong Kong at the expense of the sterling area.

They include the full surrender to the sterling area pool of the exchange proceeds of export from There 1VDs a more optimistic Hong Kong other. feeling in the stock markets to-goods sold for dollars and goods than Chinese day. Most sections showed small destined for China and certain rises. Although news from Ber-neighbouring territories both es- in revealed no change in the sential to Hong Kong's entrepot situation, brokers were com-trade. menting that the position was no

worse.

Philippine

Trade With Japan

Hong Kong Stock Exchange

The market has regained some of its nerve. "Today santimont was batter; buyers being more In evidence with rates inclined to harden,

4% Loan 201 31⁄4%% Loan (2004) 100m

Manila, July 12. There will also be a tightening pine trade representative in

Dr Pablo Mabbun, „Philip-|HK, GOVT, LOAŃS up of the existing import licences, Tokyo, who returned to Manila This led to some bear cover-thus providing machinery not only recently, said today that the BANKS ing, particularly among Indus- trial and oil sharca.

to control the pur-

as at

present

chase of goods for hard currency combined export-import trade Street's recovery also and their sale for soft but also of the Philippines with Japan

Wall helpod

to improve sentiment. the importation for fe-expert of during the last eight months Gift-edged were strong Buying goods of sterling area was small but persistent and re-where this is desirable.

origin was valued at approximately sulted in risas of 3/16.

US$12,500,000,

Gains

industrials worn Among up to 90 and scattered

over a broad list. The oil market open- ed Arm All lasues made small rises. following some buying leaders. By the close, however, Improvements were bot fully

beld. дета

of

Among foreign bonds, Chilean Issues registered dains of two points following the announce ment of a resumption of external debt service.

4

Mining shares were, quiet with slight firmness in coppara. Kafirs were mainly steady but revealed occasional small reces

nions.

SECURITIES:

Ballings

to Europe

& Shanghai,

via Manila & Straits

20th July.

+

27th July.

British Consols, 2%. Conversion Loan, $152, 1961. Funding Loan, 4%, 1080/00

Tég 104-9/16 112-15/16

War Loan, 17%, tode

102-9/14

IOC

Victory Bonds, 4%

126-15/16

... #65

from Europe

End August

8th September

Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK"

Tanks Available

for oil in bulk

"MEERKERK"

Arrivals

front Japan

from Europe

7th August

to Europe

Vit Straits

to Europe

vla Straits

Mid September

Transhipment cargo on through Bs/L accepted to

Mediterranean and Northern European porta,

Agents: SILVER LINE LTD.

"SILVERSANDAL"

Arrivals

from U.S.

Atlantic Ports -Mid August

Office Address: King's Building. Chinese Agents: 82. Connaught Rd.,

End August

Phones: 28016 & 28017-

War Loan, M....

RAILWAY SEATER:

British Transport, 1% INDUSTRIALS:

British American Tobacco jot

G.B. & Ireland)

Imperial Chemical, indust, and, (4/7 Imperial Tobacco Co. lol G..

| Dunlop Rubber Co., ord.

0-11/32

61/0

4. Ireland)

8-3/12

Ballings

TEA BHARES

to Allantle Ports and U.S.

Asam Canoilldaled Tea.....

22/1

Aam Frontier Tea

16/

Awam Tea Company

Dooars Tea Company

37/-

Emp. of India & Ceylon Tea Co.

19/1

Imperial Tea Company

20/-

MINE SHARES:

Tel. 31196 & 21533

Burma Corp.

Crown Mines

Kundydroom Mines

I/I

Band Mires

011

Spring Mine

5/2

434

1/1

257/0

12

DE LA RAMA LINES

Loads

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLÂNTIÓ COASTS

LOADING DATES IN U.S.A.

Mantle Coast

via

Los Angeles

From

atlantio Consi TÉS

Los Angeles

atlantic Coast

Los Angeles

Cato

Early Aug. Early 'Sept.

ARRIVALS

Date

27th July 18th August 3rd Sept...

SAILINGS

Data

30th July 24th August 8th Sept.

**

m.v. "MINDORO" 1.v. "HALLAND"

Vessel

IV. "DONA NATT” -

m.v. "DONA ANICETA" DY. "TONGHAI”

1.T. "DONA NATI“ m.v. "DONA ANICETA" Hi.. "TONGHAI,3%.

BOOKING AGENTS. for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 2367622675

INESE SHIPPING OFFICE Tels. 28738-20183

ISBRANDTSEN

Isbrandisen. Company Ina

20 Broadway.

New York

PAR HAST • BTRAITS. 4 INDIA • PERSIAN, GULF, *-

+ULI: CONTINUESE: *” WIRDIRK QUAWKRICA

STRAME

* FROM

"FLYING TRADER"

Now

Manila and parks,

SION.

SAILS

Sub Nigels

Tuyơ Tin Co.

Union Corporation

OIL BHARES:

Royal Dutch' Co.

Many Abuses

Hong Kong has who intro duced

a control of exchange from sterling Into Hong Kong dollars and vice-versa to ensure that those transactions are for proper purposes.

that along these lines it will be Sir Staford says that he hopes

the problem of Hong Kong as a possible to solve satisfactorily member of the sterling area.

Hong Kong was the only ares in the sterling bloc in which a a certain amount of freedom vailed concerning the movement

Dre of capital owing to its importance astrading centre in the Far East. But, he said, many abuses had been reported recently.--ASS= soclated Prers & Agence France- Presse.

British Exports In June

London, July 21. The expart of British goods in June amounted to 134 million, only £3,400,000 short of the all-time record of July, 1920, the Board of Trade an nounced today.

The June figure was 24,100,000 6/434 greater than that for May. The 3-1/16 savarse visible trade balance in June tell by £2,200,000 to £38, 100,000, the lowest figure since February,

1%% Loan (1040) 2015

ILK. 48. Dank 1976; 10OV/TCODEM.

(Lón, Rax.) · <

Chartered Bank 211-1/18n.

|

Mercantile Dani, A. & D. SUKA Bank of Kent' dala 141/6000. INSURANCES

麵

Canton I. KUTIEN.

Union Ins. 7859, 78Ber.

China Underweitern Fida.

Dr. Mabbun has submitted report to the Department of Commerce and Industry, as well to President Quirino, on Philippine-Japanese trade rela-

tions.

Thus far the Government har not defined final policy on th question of resumption of trade which was the subject of public bearings conducted by Govern-

rent committee recently.

15. Fize Iss, ' 2006.

SHIPPING:

› Donglease, SJľa.

K. a M. dreamboats 10%LL.

Indo China (Prit.) Usifs (Thef.) 1340. Shalla (Bearer) 78/è1⁄4n. Union Waterböstə Tik

DOCKS, WHARVER, GODOWNA, ETC) HK. & R. Wharven (0) 15Hñ'; (N) 150m, North Point Wharven % 1. UK. Dock $91⁄4K £01⁄4«m. China Providenia tla. Shanghal Dockyards ita.

Raub Mines $46.

It was disclosed that the Gov- ernment itself had been trading with,SCAP on many important MININGI lems, including coal, copra, oll

trade with Japan-United Press and hemp, while private arms have been

carrying on "Import |

SILVER AND |GOLD MARKETS

London: Silver, Spot ane jounce 45d; Forward 45d.

Bar, Gold, perfine ounce

172/3.

New York: Silver, Bar, (ask-| [ed_price) 74-% cts. -

Acial) $35.

Bar, Gold, per fine ource (of-

Bombay: Silver, Ready, per 100 tolas 176 Rupees, 02 Annas, Forward 170, 02; Marwari (unof ficlal)176, 05; Cold, delivered. per tola 111, 12; Forward (un- ometal) 111, 07; Gold, Sovereign 74, 10.

One tola is equals to. 4th of an ounce.

Buenos Aires-Sovereign, 90- 00 buyers; 103.00 sellers; U. S. 105.00b, 175.00%; Gold, Bar, Per Gramme, 2.80b, 10,80s.

Bangkok: Cold. Bar,

Allowing for the rise in prices Eagles, since 1938, the volume of exporte in June is provisionally estimated.

Shell Transport & Trading Co. 23/22 With 134 per cent in May and 181

per cent in April-Router,

NHIPPING:

P, O. Stemm Navis. Co, ord. /

GILT-EDGED;

Funding Loan, 3%

National War Bonds,

-1940/31"

1052/64

1954/58

101

Money

Market

Grammes

Un-

at 138 per cent of 1938 compared weight of 152446 per baht- quoted. Exchange Rate (Selling). Bangkok on New York TT, 20.10: London 60.50; Hongkong 5.74. Parli Free Gold Prices Napoleon 4,550 Frs.; French 10 101-3/16

franc coins 2,100; Swiss franc 102-18/10 Gold headed downwards yes- 4,300; Union Latine 4,275; Šover- 101-11/14 terday, and touched. $333.00 eign 5,000; Half Sovereigns 2,500; toel at low paint. It had opened US Dollars coin ($20.00) 21,300; at $335.75, and was up to $336.25 U. 8. Dollars coin ($10.00) 10,- dollars before it dropped. Towards the 250; Sovereigns (in free close it improved slightly to per ounce) $77.J; Napoleons (in $339.50

free dollars

per ounce) $79.4 Easing of the Berlin tension U.S. Dollars notes (In black- was given as the reason for the

market). 367/369..."

Paris Frea drop in price.

Market Rates Deliveries totalled 4,540 taals, Ingėta: Finn Gold Ingots, with

delivery of counterpart

102-3/16

Serta Kanlı, 33:

1053/65

191870

10t 101,36

'1005/75

1-1/14 Exchequer Honds, %% 1960 140-13/1 Relamption Stock, 1%, 108/94 97 FOREIGN BONDS:

;

German Loan (Dawes). 17..

T

Japanmo 35% 1007/47

+25 76

Japanese 65% 1924/59

་

Jay, A. Manchurian R., 8%. 1923 - 23 BANKS: Chartered Bank, nf I.A. & G., 3-1/16 H.K. & Shal Banking Corp. 111% Mercantile Bank of India "A" 21% CHINESE EXTERNAL LOANS Tientsin.Pukow Raliway. PA.. 11 Keun-Tang-U-Hai Hun, đố, IDI II. Reorg. Lah, BC, Lond, fame, 1912. 12 Crisp Loan, 5%, 1912. 18. Hoking always, B%, 1011.... £1 Upoen, Raliwex, 17%, 1905. Shanghai Nanking Rizo., 5%. Kowloon. Canton Raliwprs, 6%.

Sterling Bonds

11.

11

TRADE BOOST

London, July 21, Angio-Swedish trade will be Increased by an "extra £10,000,- 000,000 a year to the level of £60,000,000 as a result of trads talks which have been held in London for several,,weeks.

་་

per

EX. Mine .0354.- LANDS HOTELE A BLbas:

### Rotala 104. HX. Landa 80b, dix, đôž1⁄2 cm. Shanghai Lande 4.154.. Humphreys Estates 11am. IL.E. Renities 10. Chinese Estaten 1100. PUBLIC UTILITIES:

ILK. Tramways 12%h, 236, 151⁄21⁄2/2koa. Peak Truma (Old) nt (New) tên. Star Ferries 118

O: Liskis (Old) 1944b, x6, 35/29.5014.

(New) 19%

H.R. Electrics 45%, 44}£m, tisa, Macna. Electrics Eis. Sandakan Lighte 18%n. Telephones 41b. Shanghai Uns $165. INDUSTRIALS: Cald. Macy,

Or2)` 281. Canton Iors, 7124"

Cements X.D. 439h ax, aká STORES

H.K. Kopen 104

Dalry Farma (014) 50b, Söza

"(New) 48an, ' Watsons (Did) 50%b, 89%, FEING.

{Now) £44D, 55am. Lane, Crawfords 640. Biseres.74b,, 7.40am. Chia Emporium 12.45%. Bun Co., Lid. 4. Kwong Sáng Hong (đôn. Wise On CELK) 18/m. W., Powell, Ltd. 191455. MISCELLANEOUSI

China Entertaluments &in.

ELK. Constructions (0) 8%n; (N) $o.

Vibros (Qld): 10%;. (New) Ba.

- Maruman Envmtments 18/20,

Maruman (H.K.) 148," COTTONA

En 1934.

(RUNDKRA, ETC., COMPANIES)

"Anglo-Javna 44m

Consolidated Bubbles in. Kota Baron, Padang Bubbers 1.400. Tubber Trut

Esmasen Rubbaru. 1 1⁄4 n, Shanghai Pahang En. Tanah Merah, 11⁄4m Tabong Rubber „100. Zianzbe Rubbárs (757-

AMERICAN PRESIDENT LINES, LTD.

Passengers and Freight

REFRIGERATION—SPECIAL JANGO OIL TANKS-

CARGOOÀIRE-JPECIE

"Freudeni Buchanan" "President Fillmore"

TO MANILA

TO SAN FRANCISCO "General Gordon”, (vla' Shanglial) ...'

July 23 August

"President Cleveland">(viz- Manila) ' .............. August "General Melga" (via Manila & Guam),

... August 2

7

August 21 TO SAN FRANCISCO AND. LOS ANGELES "President McKinley” (via Kobe and Honolulu). Jay zá "President Jefferson" (vis Kobe "President madison" (via Robe & Yokohama)

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

ase. August-

To NEW YORK, BALTIMORE and BOSTON via PANAMA "Farman Victory" (via San Francisco) "President Tyler" (via San Francisco)

ROUND-THE-WORLD

August 17 Sept. 14

VIA MANILA, JINGAPORE, COLOMBO, BOMBAY, KARACHI, -BUEZ, ALEXANDRIA, NAPLES, GENOA, MAHSKILLES, NEW YORK AND BOSTON,

"President Buchanan" (calls Karachi & Bombay) "President Fillmore (calla Haraohl) "Fresident Monroe" (calls Havane)

General Agents: Northwest Airlines

July 23 August 2

August 17

Lykes Bros. Steamship Co., Inc.

85′ George: Bldg.

Tel. Nos. 28178/28175

American Promoor Lute

Arrivals from New York, Boston,

Other Afläntie Ports via Panama

"COURSEN"

"RATTIER"

*FIONEER· WAVE”

"COURSER"

"RATTLER”

"PIONKER WAVE"

Sailings to Manila

Aug:

Aug.

Aur.

Aur.

Aur

Sept.

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

"STAGĦOUND" "RESOLUTE""

Panama Canal

-Special Cargo On Tanks-

„Dué Aug.

For Full Particulara, Cali

Balls Atig. 5

Salls 'Aug. - §-

UNITED STATES LINES

General Agents

Queen's Building,

Tel. 31251 (8 lines)

SHIP MOVEMENT KLAVENESS LINE

Lot which 3,640 were official and wramme... 53A/104 110; - Without MA700 6 207 208144

[1,000 unofficial. thank

Plastres were also easier. Open-ota, per Kilo. 5,7005, 6,5004, Pla

counter-part $60/580; Silver ing at $11.00 .

100 there were tinum Ingots per Kilo 750,9002, from San Francisce on July 16 fer Tink no transactions in the morning 850,000 Router."

In the afternoon it dropped to

National Currency

opened at 84 cents for futures and 13 cents for apot (for CN610,000) and closed at: 8.7 cents and 18 cents respectively. Ticals were unchanged at $15.-

NEW AIR LINE

عله.

8.5. Pretidcot Tyler (Við,, 2), sallad hoặc

ninh cách coi tỏ, nh" sẽ Hong Kong on August 10 and sali -ma Ang 11 for Bourabara,, Batavia, Belas Wan," Pezzok, Port Awetimham, Eingas DOT, DATED, P.I. Outporta and Manila and wid retorn to Hong Kong on August 10 and sali on August 17 for the Pacif Coast and Atlantic Coast via Panazis,

LOHAWI, July 21. 170 a 100, and NEI Guilders at Pacific Airlines will operate two The privately-owned Canadian $44.00 a 100,

International |«!U.S.. dollars

services WITO. Lirm at $5.46. Australia and New Zealand, and

London: July 21, Sterling and Australian pounds to Aris by way of Alaska, the has arrived at the Tyne for con- The 27,000-ton liner, Georgie, were unchanged at: $14.30 and Government, announced today. version to un $12.52 respectively.

emigrant ship When completed, she will serve on the Austrails run. Router,

Crude

NY RUBBER

New York, Júly: 22: The talks were held to iron out

rubber futures closed misunderstandings of the 1947 10 higher. Sules were one con- agreement and as a result Sweden tract,

reversing its own policy.

International routes have been ocerated through the Government owned Trans-Canada Airlines, but the statement said TCA, was 100 overworked with domestic and job. Atlantic services to handle thi

"It is believed the Canadian Pacific Airlines, »a Bubatdiary of

Will send more newsprint July 22:00 saked. No. 1 ribbert: the Canadian Pacife Railways, chemicals, some foodstuffs and smoked sheets/24% nominal. manufactured good-Reuter.

Associated Press.

willus Canadair-4 aircraft. Reuter

Pacific Far Cast Line l

DIR

SAN FRANCISCO LOS

PATTISON & CO.

GENERAL AGENTS, CHINA FORMOSA-

CHARTERED BANK-BUI

HONGKONG

ma "SEA SERFENT"

BE "NAVAJO VECTOR

18.3. "LIGHTNING", 1.3 BRITAIN VICTORY"

Fast Regular Trans-Pacific

NEW YORK. MONTREAL AND

CANADIAN CITIES.

Notice

Consignees

M.S. "FRIAM”

vessel will be surveyed at Damaged cargo the above Holt's Wharf between 10 2.1 to 13 noon on 23rd July, 1948; and consignoos representatives are requested to be present during the survey,

MARINE.

Kong

July, 15

MAN LEE

BOARDING MASTER

SAILINGS

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

ms. "BOUGAINVILLE” m.s. "ROSEVILLE"

́8th","AUGUST OH HEPT.

APARHIVALS FROM PACIFIC COAST:

5. "ROSEVILLE**

27th JULY

⠀ SAILING FOB SINGAPORE PORT SWETTENHAM,

PENANG 4 BATAVIA PASSENGER ACCOMMODAT

Chinese Freight; Agents. HOO FOOK PING THE HARK LINK (China) LAS

**90th “JULY BULE OIL TANKS"

THE BANK LINK (CHINA) LTD.. King Ballding. T®K/ST!!

THE EAST ASIATIC CO., LTD.

COPENHAGEN

M.SMALACCA

loading 1st August

COLOMBO, ADEN, PORT SAID, ALEXANDRIA, GENOA, TANGINI, CASAHTANDA. ANTWERP.

*** ROTTERDAM, HAMBURG, OSLO,

GOTHENBURG AND COPENHAGEN

THE EAST ASIATIC CO. LTD.