1948-08-21 — Page 12

Page: 12

THE CHINA MAIL, SATURDAY, AUGUST 21, 1948..

ROYAL INTEROCEAN LINES

Incorporated lá the Netherlands as

KONINDIJKE JAA-GRNA-PAKETVAART LUNEH NUNC AMSTERDAMBARA

JAVA-CHINA-JAPAN SERVICE

Ballings

to Javaports

TJISADANE”

Arrivals from Amoy

23rd August

& Macassar

"TIBADAK"

from

Maoussar &

*THTJALÉNGKA”

Javaports

1st Sept.

1st September,

to Javaports &

Macassar

15th Sept

· from Macassar & to Javaports -&

Javaports 15 Sept. Macassar 29 Sept.

ASIA—AFRICA-SOUTH AMERICA SERVICE ·

"RUYS"

TJIKAMPEK"

from Japan and Shanghai 2nd Aug, daylight

from Japan

& Shanghal 2nd Sept.

'STRAAT MALAKKA" from

BOISSEVAIN"

South Africa

26th Aug,

from

South America

& South Africa 23rd September

Ballinge

to South Africa South America vin Manila & Straits

25th August

to South Africa

vin Manila & Stralis uth Sept.

to South Africa & South America via Manila & Straits

1st Oct.

to South Africa

& South America vla Manila, Straits 10th November.

Transhipment cargo on through Bs/L to Dar-E-Suizan,

Mombasa, Zanzibar accepted on all sallars.

SUMATRA~MALAYA-CHINA SERVICE

Arrivals

"YAN HEUTSZ”

In port

"HEINRICH JESSEN"

From B. Dill

& Streits

16th Sept.

Sallinge

to Amoy & Swatow, 29th August.

tu Straits &

Dell, 4th Sept.

to Swatow

& Amey

11th Sept.

to Strafts &

B. Dell

18th Sept.

Agents: HOLLAND-EAST ASIA LINE

MEERKERK"

ANNENKERK“

Tanks nvailable for

o in Buik

"LANGLEESCOT""

Tanks available for

tlin Bulk

Arrivals

from Japatı

& Shanghai

Ist September

from Europe

20th August

from Europe End September

Sailings

to Europe via Manlin

Straits

2nd September

to Shanghai

& Japan

31st August

to Europe

vin Manlia

and Straits

15th September

to Europe via Manin & Strulla Mid October

Transhipment cargo on through Bs/L accepted to

Mediterraneau and Northern European ports.

Agents: SILVER LINE LTD.

BILVERWALNUT““

Arrivals

Ballings

from U.S.

Pacte coust

to Atlantic Ports and U.S.

Early Sept.

Mid.. Sept.

Dffice Address: King's Buliding. Phones: 28015, 28016 & 28017

Chinese Agents; 62, Connaught Rd.,

Tel. 31106 & 21533

DE LA RAMA LINES

#XPRESS CARGO LINER SEBVIOUS

TO AND FROM PACIFIC & ATLANTIC COASTS

LOADING DATES IN U.S.A.

Loads

flantic Coast

via

Los Angeles

From

via

Atlantic Coast)

Los Angeles

Date

Early Sept. Mid Sept.

ARRIVALS

Date

In port

6th Sept.

}

22nd Sept.

SAILINGS

For

Date

Atlantic Coast)

vis

Los Angeles

28th Ave. 8th Sept.

Vessel

J

m.v. “HALLAND" 1.9. "DONA AURORA”

mv. "DONA ANICETA" 11.V. "TONGHA””. m.v. “MİNDOKO“

in.v. "DONA ANICETA" m.v.'"TONGHAI”

BOOKING AGENTS for P.AL

FINANCE AND COMMERCE

NEW ZEALAND SHARES RISE AS SEQUEL TO REVALUATION MOVE

Hong Kong Stock Exchange

bo The

New

'Wellington, August 19.

with storling-after an 18-year gap during which it stood 20 per cent lower was o’sur- prise move to cut the cost of living and ward off inflation.

The announcement, mode by the Finance Minister, Mr. Wal- ler Nash, at the end of his Bud- get speech in Parliament, came 03 à dramatic surprise and New Zealand

SIL SILVER AND GOLD

Money Market MARKETS

China's and Australian

currency change

off

London Silver,

Społ

AMERICAN PRESIDENT LINES, LTD.

-Passengers and Freight

BEFRIGERATION=SPECIAL CARGO OIL TANKS--

·CARGOCAIRE-SPECIE

TO SAN FRANCISCO

TO MANILA

"General Melas" "Louts Bicil. Howe" "Prealdont Polk"

August 21

August 26

Sept. 7

"General Meigs" (vla Manila &Guam) "President Wilson" (via Shang-bal) "President Cleveland" (via Manila) "General-Gordon" (via Shanghat).

August 21

'Sopt. 4.

Sept. 18

Sept. 10.

TO SAN FRANCISCO AND LOS ANGELES "President Taft"

"President Pierce" (vla Japan)

Sept. 13

Sept. 20

Bric

:

To NEW YORK, BALTIMORE and BOSTON

· via PANAMA "President Tyler" (calla Pacific Coast) "President Grant" (calls Pacific Coast)

Bept. 12

Oct.

Compared with some of its im- shares were immediately mark-brought a 1716-point drop in gold ounce 44-1/2d: Forwardi Ane mediate predecessors there used up

following a on the London Stock yesterday,

frantic ounce 44-1/28. been quite an improvement in the

Bar, Gold, per selling fever which was however fine ounce 'unchanged. market this week, particularly in

Exchange.

allnyed the afternoon as buy-

เต the section of the lower pricesi

In Canberra however, the Aus-ers, taking advantage of the drop.price) 13-1/4 cts: Bar, Gold, per New York-Silver, Bar (asked favourites. There have been stralian Prime Minister, Mr.started buying. Kustained enquiries, especially for Joseph B. Chifley told Reuter that The market opened at $330.00 n

fine ounce (unofficial) $35. Coments, China Lights, Hotels, the value of the Australian tael. It had closed at $835,50 the

Bombay: Silver, Ready, per Waisons and Electries, and at the pound-devalued 20 per cent at previous day. The selling frenzy 100 tolas 176 Rupers, 01 Annas

short of rc-

re- the same time as the New Zea-sent the raft toppling to $317.50 Forward per 100 toles close suppiles are

176, 13; enda land money in the great 1930 dc-in less than two hours. perloc

It then Marwar! (unofficial) 170, 00. with a possible uplift presalon would not be altered recovered to $322.00, and closed Gold, delivered, per tola 114, 15;

result in rates. The following Interim as

of New Zealand's ne $320.75 the tin Interval.

Forward (unoffelat) 113, 03; Dividends have been declared action.

Opening at $322.00 in the after-

Sovereign 70, no. One tola is Dairy Farms $1.20 for the Onl

Explaining the move, Mr. Nashnoon steady buying sent the rate equal to th of an ounce. shares and 90 ets for the New shares, free of Tax payable 15th there was

told the House of Assembly that up to $324.00, but it ensed

a disequilibrium be-

again to $321 so ut the close. prox. Hong Kong Trams 55 ets tween prices in New Zealand and Most operators obstained fron: lesa 10% Tnx, payable 13th prox. those in other countries,

or buying selling parti-

until the situa- #K, GOVT. LOANS:

cularly the dollar "arca.

Cortion is clarified.

Also to be affected by the cur-

bath.. rective action 41% Dean 100km.

wus nocestry ta

of 15,244 Grammes un- check its growth.

rency change was Chinese No- anal Currency which opened at

quoted; Exchange Rate (Selling), the all-time law of 0.4 cents for Bangkok on New York futures and 0.5 cents for spot for London 00.50; Hong Kong 3.75. CN$10,000.

Fren Gold Prices

French There was considerable specu-Napoleon 4.850 fr

10 Intion in futures which first went frane coins 1,960; Swiss franc up to 6.5 cents, then dropped to

4,175; Union Latine 3,970; Sover- cents, and closed at 0.1 cents: eign 5,300; Half Sovereign 2.300, Spot dropped to 5.7 cents at the U.S. $20 Coin 20,400; U.S. close.

34% Loan (1914) 100m. 3% Loan (1948) 10).

DANKE!

1K, A 8. tank 20201. 2040, 2020za. HK, tiem. Rep.) C119a, Chartered Bush 11% 15.

Mercantile Uk. A. & H. £220.

Bank of East Asia 140m.

INSURANCES:

Canton Ine, JAGD.

Union Ine, 726b, 768en. China Underwriters 7n. 1.K. Fire Ins. 280b.

#KIPTING:

Douglases 231».

1.K. M. Steambokia 10. Indo Chin (Prof.) Bán

(Det: 2845.

Abella (Deazer) 74/4 in.

U. Waterbonia £51.

we

"If the income of our country is to be equitably shared, must bring costs down and action to do so must be immediate", he said amid warm applause from Government benches.

Benefit To All

8

Buenos Aires:--Sovereign, buy- U.S.. ers 104.50, sellers 106,00; Eagles, bayors 172.00. sellers 178.00; Gold, Bar, Per

Per Gramme buyers

10.00, Felines 10.90. Bangkok:-Gold, Bar,

Paris

PT. 19.85

(in "black-

Coln 350 Rovercign (in free In an interview later, the Fin-

U.S. dollars toppled to $5.30 tr US $ per ounce $78.2; Napoleon free US $ per ounce) 375.1; ance Minister declared that the the morning but made a spectacu S. Dollar notes restoration of parity would, in the ar recovery to $5.45 in the after- long run, bencft, all sections of toon, which had been the normal market) 350/304.

ute for the last few days. The Paris From Market Rates the community. It would mean 'n

Fine Gold Ingots, with Ingots: substantial reduction in the cost trop in the morning was due en- delivery

tirely to rumour mongering. of imported commodities

of counterpart -per and

235/244 fr Without contribute considerably to a re-dropped to $1.83, and closed at

Plastres opened at $11.95 a 100,gramme

counterpart 655/590; Silver duction of farmers' and manu-

ingots, $12.00.

per Kilo 5,700b, 0,500; facturers' costs as well as

Platinum Ingols, per Kilo 700,000b, 855,000s.-Reuter.

DOCKS, WHARVES, GODOWNS, ETL

B.K. K. Wharres (Old) 14b, 180s, general cost of living.

14.

(New), 143ko.

North Paint Where H.K. Docks 2014b. 2016 m. China Providenta 22#, B'hat Dockyarda län.

the

The closest secrecy had beer maintained and. Mr. Nash read his statement in Parliament from note in his own handwriting. Reuter's Financial Editor wrakt that Britain's major Imports from New Zealand were unlikely to cost more as

a result of the change because nearly all the Do- minion's staple products H. & S. Hotels 16.c0b, 15,202, 16% der Axed contracts in sterling. sold to the United Kingdom un-

"MINING,

Raub Mine 667.

H.K, Minos „Dādu..

LANDH, HÔTELS & BLOUS.:

ILK. Landa RD, TA-

B'hai. Lands-452b, &%*, *15/Ban

Humphreys Eatles

ILK. Reitle 180.

Chinese Estates 1345,

PUBLIC UTILITIES:

191ýb, 10.60,

JK. Temway 21%), 223, 22.

Peak Trama (Old) 23.

Trak Tram (New) 12.

Sar Ferries 135, 185/360

-0. 'Light» (014) 22.196, 21.40μ, 2216/%

0. Light (New) iïb.

H.K. Electrian 406, 40129, 40% Macao Electric 24.

Sandakan Lights 15 n.

Telephones ESIM.

Shanghai Ga n

INDUSTRIALS:

Cald. 'Weer. (Ori) 27m

Cariton Jeen in.

Cementa -48b. 423⁄41⁄2», 41%/23/24»» ILK. Rope 17.

STORES C.t

Daley Yarma (01d) 40b, '47568, +47747 %

12.

· [New 48%). Watsons (018; 60, #1,

A

(New 'G$b.

Lane, Crawford X.D. 625. Hincere 1.20.

Chiat Emporium (X.Daa +10.20m.

Ban-Co. Ltd.- 4/2n.-----. Kwone Bam Hong 1761.

Wine On (14K. 114. Wm. Powell, Ltd. #2190,

MISCELLANEOUS.

Chirm Entertainments :din. H.K. Constructions (014) 5%1⁄2m.

Naw) Ba,

Vibros (Old) 12h.

+

New Ob.. Maraman, Investments 13/90. Maroman. '(H,K,) (194)

B'bal Loan €345.

COTTONS:

Twos 144.

THE DE LA RAMA STEAMSHIP CO., INC. | RUBBER, ETC. COMPANIES 1

4Incorporated in the Philippines)

MARINA, HOUSE

Tale. 28076--22075

CHINESE SHIPPING OFFICE Tels, 28788–2015U

BEN LINE STEAMERS LTD.

ARRIVALS

6,5, "BENVORLICH“

6.5, "BENLAWERS"..

"BENGRUACHAN"

Sum

U.K. .UI.K.

*BAILINGS

88. "DENLAWERS”.

Anglo-days. Chenes 706 · 'Consalidade 22

· Padange; 26. -

Kola Bahrnes £n.

Trusta: #b, ca. Bamegigus bok, 20.

"81. "Pabango In.

Tanah Maraha 969, (80% Tebongs, Jon.

KLAND 65.

were

Ticals Improved to $25,40 a 100. NEI Guilders, on the other und, dropped to $40.20 a 100.

Sterling dropped further to $14.07. Australian pounds were

rmer at $12.55.

STAR TO WED IN ROME

The

Rome, August 19. Hollywood screen play-

MAERSK LINE. Notice To Consignees wright, Milton Krims, and the MAERSK" having arrived from row at the Rome City Hemons

The

American screen actress, Jeanne M/V. "CORNELIUS Meadows, will be married tomor- Some of these prices were raisec New York and Ports of call, Capitol Hill in a civil ceremony recently but are not affected by Consignees of Cargo are here- performed by the Mayor of the appreciation. Dividends de- by notified that their goods are the couple announced today

Rome, clored In New Zealand currency being landed and placed at their would, of

They will spend their honey-

course, now be worth

more money to all non New Zea-risk and expense, into the Hong moon in London then return to land shareholders in companies Kong & Kowloon Wharf & Hollywood.-United Press. domiclled in the Dominion. Godown Company's godowns at

Kowloon, where delivery may

soon as the

This is the first raling of any currency since the ill-fated be obtained as appreciations by Canada. and Goods are landed.

Optional cargo will not be

Sweden in the summer of 1946.

In both cases their foreign ex-landed here, unless notice has change reserves suffered save been given 48 hours prior to

roly.

The Australian pound is now the only sterling arca pound (except apparently Fiji's) which is below parity with sterling.

"An Upheaval"

Notice To Consignees

M.V. "VITO" Having arrived Hongkong from port to port to the final notified that all goods have vessel's arrival, but carried on consignees of cargo are hereby port of call to which the option been landed and placed at their extends.

risk and expense into the No claims will be admitted Kowloon Wharf and Godown godowns of the Hongkong dand after the Goods have left the Co., Ltd. where delivery may Godowns, and all goods remain-be obtained Other features, of the budget

as the presented by Mr. Nash were to undelivered after the 25th goods are lunded. concessions amounting

August, 1948, will be subject to to NZ £4,000,000

No claims will be admitted increased ex- penditure on Immigration, ple fence and social security.

broken, chafed, and after the goods have left the damaged Goods are to be left godowns. He said that the Government in the Godowns, where they had allocated £740,000 to speed will be examined оп Immigration and

and

rent.

All

Douglas.

as soon

24th. All broken, chafed and dam-

To comply with the General Bonded Warehouse Regulations consignees must have

He

had chartered August, 1948 at 10 a.m. by our aged goods are to be left in the former hospital ship, Atlantis Surveyors Messrs. Goddard & the godown where they will (10,000 tons) for four years to

be examined in the presence of transport assisted immigrants.

Messrs. Goddard and Douglas Commenting on New Zealand's

on the 25/26-8-48 at 10 am. unexpected decision Mr. S. G. Holland, leader of the Opposition,

To comply with the General said an upheavel would be caused venue Omcor in attendance Bonded Warehouse Regulations. In most branches of New Zea- when damazed dutiable goods consignees must have a Revenue, tund trade.

are examined.

Omcer in attendance when ex- Much depended on the re-

amining damaged dutiable vised' guaranteed prices offered

All claims must reach us goods. All claims against the to primary Industries, on whe before the 19th September, vessel must be presented to the ther starling was devalued 1048 or they will ́ ́not be Undersigned within fourteen terms of dollars, and also on

days of the ship's arrival," or the attitude of Australia.

they, will not be recognised. "Never did -3 hour Minister

No fire insurance will be say so little that meant so much".

effected. Mr. Holland declared.

The transitional period, bring ing the New Zealand pound Into

recognized.

No Insurance will be effected,

JEBSEN & CO.

Agents.

Hong Kong, 19th August,

line with sterling, would be dil 1948. ficult one for traders-Router.

Pacific Far East Line, Inc.

Fast Regular Trans-Pacific Service

DIRECT SAN FRANCISCO LOS ANGELES

FROM

End Aug.

Mid Sept Karly Oct.

READY

(Colombo

Aden, Port Bald

Mid. Sept.

(Antwerp,

Rotterdam, ""CHamburg".

get.

VESSEL.

*LIGIÏTNING"

“FLYING DRAGON"

Early Sept

(London,

83. "BENVORLICH

• ACCEPTS CARGO FOR JAPAN,

For Further Particulars, Apply To

CO. (CHINA) LTD.

· R. LOXLEY & C

Agent

OVERLAND 1.

NEW YORK.CHICAGO-DETROIT-TORONTO, MONTREAL „AND ALL AMERICAN & CANADIAN CITIES.

Arrived

From

Aug. 24 San Francisco

Aug. 20 San Francisco

SEN-

திக்ா

TION

DBT

Baile

Aug. 25-|| Gan Fransisco Aug. 27 | Bai „Franciao

Yokohama

Sept.

Hept

0. Ban Francisco TIE Yokohama

Ban Frandace

Inthon

· CARGO-OIL

WALLEM & CO., Agents, Telephone 34177-8.

NOTICE TO CONSIGNEES HOLLING

P. & 0,3 IGEN A, BILLS OF LADING"

- Mosrrs. „Goddard & Douglas will attend at 10 am, on Mon- days and Thursdays (willín Khe froe storage period to survey' damaged cargo and consignions urs, requested to have * their. römresutstipur „Drosink Unless bonsignoda representatives are present at the Burvey no clalına cán" theksafiar bé, admitted,

INON, MACKENZIE.

ROUND-THE-WORLD

VIA MANILA, SINGAPORE, COLOMBO, BOMBAY, KARACHI, SUEZ, ALEXANDRIA, MARSEILLES, GENOA, NAPLES.

NEW YORK AND BOSTON, "Louis Moll, 'Howe" (calls Karachi, Bombay)....... August 26 "President Folk" (calls Karachi & vaṇa) ........................

Sopi. "Scott E. Land"

Sept 8

General Agents:

Lykes Bros. Steamship Co., Inc.

Northwest Airlines

Tel. Nos. 28172/23175 ...

St. George Bldg.

American Ptomeer Lunc

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

"PIONEER WAVE“ "PIONEER LAKE" "PIONEER COVE"

Sailings to Manila

"PIONEER WAVE" "PIONEER LAKE" 'PIONEER COVE"

Aur. 29 Sept. 18

Bent, 19

Aug. 80

Sept. 14

Sept. 20

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

Panama Canal

--Special Cargo Oll Tanks-----

„Dus Aug. 22

Duo Sept. 21

For Full Particulars Call

“COURSERTM

"RATTLER".

"PIONEER WAVE"

Duo Sept.

6

Salis Aug. 23 Salls Sept. 7

Sails Sept. 23

UNITED STATES LINES

General Agents

Queen's Building,

Tel. 91251 (3 lines)

KLAVENESS LINE

SAILINGS

Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND ms. "ROSEVILLE" m.8. "CASTLEVILLE” ·

6th SEFT, 8th OCT.

25th AUGUST

20th "AUGUST

ARRIVALS FROM PACIFIC COAST m.s. "CASTLEVILLE"

BAILING FOR SINGAPORE PORT SWETTENHAM.

PENANG & BATAVIA,

PASSENGER ACCOMMODATION, BULK QİL-TANKS

Chinese Freight Agents,

HOO FOOK 'PING' THE BANK LINE (China) Ltd.

Apply:

THE BANK LINE

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

CHINA MERCHANTS S.N. CO.

16 ¿Connaught? Road/West.

S.S. HAI CHIEO S.S. HAI TAI

S.S. HAI KANG 8.S. HAI TEA S.S. HAITISTA

SAILINGS

Tels phone $1099,

Singapore, Rangeon August 23 Team Kong August 24 7. Shanghai September 2 Shanghal September 4 Singapore September 5

(With Passenger Accommodation)

Cargo for Taing-Tao,

h

PARTICULAR

#poeptable