1948-09-10 — Page 10

THE 'CHINA MAIL, FRIDAY, SEPTEMBER 10, 1948.

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands ma

KONINKLIJKE JAVA,CHINA PAKETVAART LIJKEN H. V. AMSTERDAMA

JAVA-CHINA-JAPAN SERVICE

"TJIBADAK”

Arrivain from Amoy

13th Sept.

#JITJALENGKA”

#TJISADANE"

*Bailings

to Javnports &

Macassar

15th Sept.

from Macassar & to Javaports &

Juvaports 15 Sept, Macassar 20 Sept.

from Macassar

A Javoport:

20th Sept.

to Java poris

& Maenssite

11th Oct..

ASIA-AFRICA-SOUTH AMERICA SERVICE

Arrivals

'STRAAT MALAKKA" In purt

*BOISSEVAIN",

"ТНКАМРЕК"

"TEGELBERG"

trim

South Amerlen

& South Africa 23rd September

11000

South Africas 18th November, from

South America

& South Alien 10th Nov

Sallings

to Shanghai

70th Sept.

to South Africa & South America via

Manila & Straits

6th Orl

to Shanghai &

Japan round trip) 25th Sept.

to South Africa

& South America

via Manila, Straits

10th November.

to South Afrien

& South America 6th Dec.

10 South Afrien

& South America 4th January.

Tranabipment cargo on through Bs/L to Dar-Es-Salsam,

Mombasa, Zanzibar 'accepted un all sailings. SUMATRA-MALAYA-CHINA SERVICE

Arrivals

Salling

"REINRICH JESSEN"

from B. Dell

to Swotow

& Strait.

& Amoy

With Bept

12th Sept.

Crown & Deh

"VAN BEUPSZ"

A Strants 30th Sep

1 Straits &

B Dell

19th Sept.

16 Swalow

& Anny

The Ori

a Straite

&B. Deli

Tuth Ort.

Agents: HOLLAND-EAST ASIA LINE

"ANNENKERK"

Tanks available for

all in Brok

"LANGLEESCOT"

Tanks available for

oll in Belk

**MARIEKERK"

Arrival

from Jupati

& Shaugbal

10 Sept

from Europe

B014 Sept

Tram Europe

end October.

Skilinga

to Europe

vin Manila

pud Straity

21 September

to Shanghai

ast Japan

Prd Crier

tu Europe vin

Mania & Straits

“Kini""October

to Europe vla

Manila & Strolls

A November.

Transhipment cargo on through Bs/L accepted to

Mediterranean and Northern European porta,

*SILVEROAK"

Agents: SILVER LINE LTD.

Arrivals

from U.S. Atlantie ports End. Det.

Balingu

to Atlantic Porta und U.S. Early Nov.

Dffice Address: King's Building, Phones: 28015, 28016 & 28017 Chinese Agents: 82, Connau ght Rd., Tel. 31196 & 21333

LA

DE LA

RAMA LINES

EXPRESS CARGO LINER SERVICES

· TO AND FROM PACIFIC & ATLANTIC COASTY ----

LOADING DATES IN U.S.A.

Los Angeles

Londy

Pate

Vessel

Atlantic Coast

via

Mid Sept. Early Oct.

ARRIVALS

B... "DONA AURORA“ m.v. "DONA NATI"

Date

From

Atlantic Coast

via

Los Angeles

For

Atlantic Coast

via

Los Angeles

In Port 22nd Sept.

SAILINGS

Date

Vossel

11.7. "TONGHAI" m.v. "MINDORO"

10th Sept.

>

m.v. "TONGHAI"

>.

Early Oct.

m.v. "HEMLAND”

BOOKING AGENTS for P.A.L.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

CHINESE SHIPPING OFFICE Teis. 23738-20163

MARINA HOUSE Tels. 28516--22678

ISBRANDTSEN

Tabrandtsen Company Inc.

20 Broadway.

New York

SAN RAST • STRAITS • INDIA PERBIAN QULP • MEDITERRANKAM

U.K.

"FLYING CLOUD"

"SAN

CONTINENT '•

W. INDIES • 6. AMERICA STEAMSHIP DIVISION ·

FROM

New York via Manila dun Sept. 15.

Shanghai. Vladivostok. Sept. 20,

FINANCE AND

COMMERCE

WASHINGTON DIGS OUT EXPORT LICENCE FRAUD ALLEGATIONS

Hong Kong Stock Exchange

The

market

has berume YHTE

and rates are built frreguint and many

1.K. GOVERNMENT LOANR

Low 2016.

a amn (1936) Jun

alat ban

sk & H.

cinay

JE

BANKS

Bruk 2015

D.X, & 8. Hank them. Reg› $104.55. Chartered Bank £11.43 15.

Brrematila

A & M. £21.0 Bank of East A. 1242

INSURANCES

Canton, J. Ant

Unto THE PRE/TI"

4: Unterweitern. A fat. JK. Fire me, 2:04

AXIPPING

Dauginame 2270

HK, & M Meandusts 1.4.

Jorba Cistrina a Prel) (n

Indo Chitian (bel) 25750

Shell Bearers 16,10120

ti. Waterboats 13.

HOCKS, WHARVES, GODOWNS, ETC

HR. & K. Whstres 147 1465

141

1.K. & K. Wharves 3. JANA,

North Pulet Wharos M

1.K. Dorka 2016 ROYAL BAN China Provident a

Khanghai Burksende polen.

MINING

Saul Bette 148.

DK. Mos

LANDH, HOTELS & BILDES

H. & 2, Hotels (18Jr, TVŅA, KOZA H.K. Initi

Khenghai Landa & Nah, I wond

2 hry Estate

K. Rele 180. Chinen. Estäter intern

MA

UTELIVERS

11.X, Tramways X. 215 W

"Park Tone” AFTER

Peak Trains (N. 12

Star Free 16.

4. belts (0) LAND RUN, 12 Be wa

Light 12,5 19 109,

R.K. Electric 3941, 44, 29 Naan. Mwen Klertrice 211, n.

Bandakan, kishte

Telephones "BU.

Shanchal One 61⁄4n,

INDUSTRIALA

Call, Marcu, xong XD, ZON) Usatan Je# 714

Cerarti 12 a

21.K. Rupee 1,703, 141*»*.

STORES A COMPANIES

Eiry Farms N., No. 10. Walazion (0.1

Watsons (N. DR.

Tai, Crawford

Blue-re 8.01.

China Emporium 2ND Run Co, Lid. 01. m. Kwong Seng Hoog 1753 Wing On (28.3.1 1160 Wow Powell, 4.td. 12450,

MISCELLANEOUS

China Entertaimpends 114

1 K.- Constractions- 109.) - Sly ma H.K. Cunatriuztiona (8,5 ta Vibros (0) X., 15. Vibros (N. 100.

Marston, Investments 12/30. Maraman (LK 4. S'hai Jamn

Ewan 11,600.

410.

COTTON

RUDNER, «te, COMPANIES Anglo-dayes Gn

Cheng Rubbera 70n. Consulted Rubbers 2n Kota Bahru A

Padang Rubber 30, Repah Habibers 314n. Same*** Rabivere 1.100, Shanghat 'whang Zn. Tanah Merahe is.

.FORM Tebang Rubbers Zlane Rubbers G.

Washington, September 8.

Harold H. Lovey, a Now York exporter, today said. he paid about US$29,000 in "fees" for Govern- ment export licences which a Congressional Committee investigator said were forgeriós. Levey testified before the Senate Investigating and Small Business Sub-Committees, which are con- ducting hearings on the Commerce Depart- ment's and Administration's export controls. Lovey said he had paid the "lees" to John Quinn, identf- fier by the Committee as a New York

He exporter,

added that Quinn told him in 1047 that he Quinn) could obtain licences because he had "con- nections."

Witness said he

hart

himself haci

been granted only about 10 per rent of the licences for which he

applied. He also said Quinn referred to Mayor Frank Hague of

Jeracy City, New Jerney, and "a Senator from Jersey mentioning his connections.

-

NY Stock Market

New York. September 0. Gravity of the foreign situation welghel down on the stocic market on Wednesday. It sent prices one to three points or more lower.

darkened Keropera developmenta ankimin coming fronty continuect Fot operations reporta Seven American indus

y. Sales were 190,000 shares, Lower included UB Bree),

Jethielem

London Stock Exchange

the

con.

London, September 8. Judging by the markets' re- action to the Berlin develop- ments and French political situn tion, I becoming obvious that the London Stock Exchange has given up dealing in stacks and shares in favour of international events and incidents.

from The overnight now Hnant served to re-introduce strook hote of caution in today's stock mačkets Wirlespeed marking down occurred im mol sectiona which is the wal Dr

Trading reduire an auch verslun, down to a minimum,

The movemente recorded by Indosteals mainly at lower lewela but there Aircraft and to sell. matars generally were a few pence caster, likewise shipping, whilst mavehentu

wete

aanvald DU VEN

W

"You obtained 15 Ucences from the Committee Qubia" nsked counsel. Willam Rogers,

"That's right," replied Levey, General Motors, Chrysler, Narita

Fr Reilroad, Routhern Pacife, American | Aman rayon and textiles consisted of a pricing that he had paid Quinn about US$29,000 and the licences Woollen and American Melting, we fur shipments of lard and Qour.

ol

one

Could Ship Anything

Levey shipped 200,000 pounds

lard to Ecuador on Ficence. The Committee In vestigator, Max Dickey, said the licence originally was Isau

Dow June

CH.70. Stock AYUTAKONI

20 untrinis 12,99, 12 fujix 61.59, 10 illisles 3.20.

Closing quotafinting Adarna Express 24

Aviation

ed to another exporter to ship Aircrats 24. cotton goods.

Rogers sald

"" the

there

few bence only in elder direction.

Irans and steels, however, were unde furbed by the general tread and remained Sem, being 1/16 better where changed.

excl

Bouth African gold wirstna share ex+ perienced any profit-taking on a amali Kenle, but with lower levels encouraging support. the market

quietly Anaconda Irregular,

Couper shares were muter on continued absence of support, SECURITIES:

41

British Conwin, 25% ...... *A/AR Conversion Loan, alles, 1901

Punding Lean, 444, 1980/00

Alan Juneau 15. American Can 154.. American Smelting 56%, American Tele

154% American Tobacco K. oltr American Waterworka Copper 17, Aviation Corp. 7. Haldwinh Loremotive 15%. Burnadal 24%. Bendix 1.thehen Bevel 28%.

Burden B. 6156 "Ito the

4.i. Curc wha "nonsdian Pacific

Commercla1 were Chrysler 60, Colante 30%. 15 licences

Kolvents 23%, Corn Pemfuria 61. keport sald Rogers and Dickey

179, Kasimaa Kodak 43, retele 2.xht Commerce Department

& Power 21%. Sioncral Electric 49% showed eight others had been General Motors A Gleich 6

for other exporters

Goolymer 45%, Romestake Mining 2%.

2. Interna- | INDUSTRIALS: ditierest products. Rogers added, International Harvester

British Amerlens Tobacco fuf that there were 1:0 records on the tional Paper G, International Tel, à Tel.

Kennet 19. Johan Manville 3,

0.0. Ireland) other six,

Montgomery Ward 1%.

Imperial Chemical Indust, ned. ——Quinn,-called---10-testify when Cuper 284.

Natalia Diater-19 National-Imperial--Tobacco-1, (118-56.De Levey Anished, add he wanted 52%, New York Central 1. Packnych

10

records

War Tan, 164, 1052,

War Loot, MG CA Vietary anthe, 40% RAILWAY BHARKS:

British Transport, 3%

Aleciand TEA SHARER:

AMERICAN PRESIDENT LINES, LTD.

Passengers and Freight ----

REFRIGERATION—SPECIAL CARGO OIL TANIS—

CARGOCAIRE-SPECIE

TO MANILA

"Scott E. Land." "Marine Snapper"

Sept. 10

Sept. 17

TO SAN FRANCISCO

"President Cleveland" (via Manila)

Sept. 19

“General Gordon" (via Shanghai Yokohama)

Sept.19

TO SAN FRANCISCO AND. LOS ANGELES ́"President Tuft“ (via Japán)

Sept. 11

"President Pierce" (vla Japan),

Sent: 23

To NEW YORK, BALTIMORE and BUSTON via PANAMA

"President Tyler" (calls Pacific Coast) "President Grant" (calls Pacifio Coast).

Sept. 13

Oct.

ROUND-THE-WORLD

י'

VIA MANILA, BINGAPORE, COLOMBO, BOMBAY, KARACHI, BUEZ, ALEXANDRIA, MARSEILLES, GENOA, NAPLES,

NEW YORK AND BOSTON.

+

"Beott E. Land" (calls Bombay) "Marine Snapper" (calis Bombay) "Marine Flier" (calls Karachi)

General Agents: Northwest Airlines

'Lykes Bros. Steamship Co., Inc.

8t. George Bldg.

Sept. 10

Sept 17 Sept.

Tel. Nos. 2817% /28175

American Promeer Line

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

"PIONEER LAKE"

Sept. 14

Sept. 17

Oct. 10

Sept. 15

Sept. 18

Oct. 12

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

Panama Canal

-Special Cargo (1) Tanka-

104-15/10

1145 105-15/16 1044 x

114

"PIONEER COVE" "PIONEER SEA"

D9%

Sailings to Manila

6-7/18

44/0

*PIONEER LAKE" "PIONEER COVE" "PIONEER SEA"

..Hollo & Cebu

4-3/16

Anam Consolidated Tra

11/6

Anum Frontier Tra

Auch Te Company

23/0

18.

Docure Tom Company

33/3

Emp. of India & Ceylon Tea Co. 18/8

operial Tea Company

20/0

"RATTLER"

4/11

"PIONEER WAVE“

Crown Mines

4-1/10

Nindrdroom Mir

31/3

"PIONEER LAKE"

In Port Due Sept. 22 Due Sept. 20

Salis Sept. 10 Salls Sept. 23

Salls Sept. 30

Hand Minea

046

4-1/10

For Full Particulars Call

4

Va

28/0

Royal Dutch Co.

214

Shell Transport & Trading Co.

1-27/12

SHIPPING:

to make a statement in a closed | Motors 51%. Pan-American Airways #5. request was granted. Pranylvania Itt 10%, Radio Corn. 12. His -Levey told the Committer ex-Republic Steel Herolds Trac port controls were so ineffective 17, Sebening 20, Seats Roebuck 2.

Benty Verum that an exporter could ship any oil

the United ling it ik

States thorn Pacte 4%. Standard Bramle without the Government know-andard li of Call. 64, Standard ing what the shipment contained. Dickey sal 11 had heen found, during an investigation of the controls programme, that:

No Checks

for

1. An exporter blucklisted by

Commerce Department improper eperations could con- tinue to get licences merely by having his wife rpply for them.

No steps were taken by the Department to prevent anyone from adding items to Ficence

it had been up-

Ricer

proved and validated.

MR 31 Uhion Carbido 4%, 06 Rub- ber 4, UK Steel 105. tis Lines th Westinghouse 297%, Youngstown Wheel á

52, n. Pub, Ut Arcisted pe

of NJ. 17%. Studebaker 24 Uni

Tuke

13.-

Preferences For US

Geneva, September 9. The contracting states to the

3. Customs officials have no 1947 Geneva tariff agreement)

way of checkinɔt.

licence when today authorised the United

it is presented with an export States to grant trading prefer- declaration, to

determine whe-

ther the licence was intended by the Commerce Department to eaver the goods listed.'

more

4. Licences cften have value than the geods they cover

United Press

CHICAGO GRAINS

Money Market Whent

MINE BHAREN:

Hurma Corp.

Buring Mizen Sub Nigel They Tin Co. Union Corporation

OIL SHADES:

1.40 Steam Navla. Co., grd. /3 GILTRAGED:

Funding Loan, 85%.......... 20854 National War onde, 23:

19/9/61

101-1/32

1982/54 7954/88

--1961/2

142 10246 102-8/14

132-10/10

1550/70

101%

1545/76

101

Exchequer Donde, 12%

1950, 2005 Redempitan Stack, 3%, 1980/90' DA'À FOREIGN BONDS:

715

Queen's Building,

28

ences to the exparts of Ameri- Bavings Bonde, 57

1785,8 can

trust territories in the

Pacific.

The United States had request- authority to grant special re-

ductions on copra imported from

German Loan (Dawes) 70% the Marians, Marshall and Caro, Japanese 651, 1997/47 Hac islands formerly held by | Japanese 450, 1921/09

1 Japan. The request raised a matter | Jan. H. Manchurian Kly., 5%. 1929

of principle among the contract- BANKS:

Sterling Bands

11-18/14

UNITED STATES LINES

General Agents

Tel. 31251 (3 lines)

KLAVENESS LINE

SAILINGS

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

12

..... 1555

Rmster.

m.8. "CASTLEVILLE”

m.s. "FRANCISVILLE”

ing states as both the Geneva Chartered Bank of 1.A.0. agreement and the Havana Hong Kong & Shanghal Bank 1214 Trade

the Charter aimed at

Mercantile Bank of India "A" 211⁄4 Chicago, September 9.

CHINEBA EXTERNAL LOANS Cash corn jumped eight to 10 elimination of all trading pre-

Tientaln-Pukow Hallway. 52. 11% ferences.

The United States delegate, Loan, G, Lon. Fesue, 1918 20 cents on the Board of Trade on

Lung Thing-U-Hai Rhys, 55%, 2015 11 Wednesday. This tended to help Leroy D. Steinbower, explained strengthen Suptember futures contracts but new crop months ed Japanese trading proferences Honan Hallway. 8%. 1905 19

that the islands formerly enjoy- Crisp Loan, 8, 1917. 17

Jukung Hallways, 5%, 1011 14

declined.

on their exports and had been Shanghai Nanking Slys, & -14 higher, left in serious economic difficul- Kowloon Canton Railways, 5% closed

Согл September $2.22%;

WES

ties by the elimination of the to one cent higher,

Japanese market. The contract- Cold-maintained its steady tone 1 lower

$1.68-$1.084;

Ameri. Oate ing states approved the yesterday. After

at September opening

were lower to higher, Sep- can request 16-2, thus exceeding $297,50 o inei it went up to

un the two thirds majority.-A390- $299.58. It fell unck to $298 21tember 72-72%; Rye was

changed to 16 lower, December ciated Press. the tin interval but went up $1.54; Soybeans were 4-34 high- agam to $208 in the afternoon. November $2.49% Associated At the Lost 17 HTC $295.75.

dollars were also higher nt $5.1812.

Gold Yunn

singularly strong yesterday and was quoted

LS

at $1.20.

Was

Piastres opened at $11.10 and closed at $11.42 a 100.

Ticals were stronger at $25.30 in 100, and so were NEI Guilders

at $30.00 a 100.

Sterling was quiet nt $14.12, while Australlon pounds made a further climb to $1270,

Press.

NY RUBBER

NY COTTON

New York, September 9, Cotton futures turned steady

SILVER AND

| GOLD MARKETS

London: Silver, Spot, fine ounce on Wednesday. Light mill buy-40d, Forward 408, Bar, Gold, per ing and short covering met only

Ahe ounce 172/. limited offerings.

Futures closed five to 33 cents

New York: Silver, Bor, (asked

New York, September 9. Crudo rubber futures closed a bate higher than the previous price) 75 cts. Bar, Gold, per

ine ounce (official) $35. ave to 30 lower with sales of 75 close.

Bombay: Silver, Ready, por 100 contracts..

October 30.04; December 30.70; September 20,85 bil, December March

July tolas 172 Rupees, 13 Annas; For- 30.08; May 30.32;

ward 172, 01; Marwari (unom- 20.80-90, March 20.85. May 20.80. 29.16; October 20.01; Middling wa Spot No. 1. ribbed smoked sheets) spot 31.89 nominalAssociated cial) 167, 14. Gold: delivered, 22% Associated Press,

Press,

Pacific Far East Line Inc.

Fast Regular Trans-Pacific Service

OVERLAND

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

(Accepts no cargo homebound)

DIRECT

SAILS FOR

SAN FRANCISCO LOS ANGELES

Shanghai, Taku Bar, Inchon, Fusan Yokohama. Sépt. 16.

VESSEL

Artivos

#roz

||1.3. "FLEETWOOD"

Sept. 11

San Francisco

due Sept: 19,

Shanghal, Inction, Fusan, Nagoya, Yokohama Sept. 28.

15. “SEA SERPENT"

Sept: 19

*#SWARTHMORE

VICTORY

Sept. 24

14. "NAVAJO, VICTORY”

REFRIGERATION

San Francisco

Oct. 4 San Francisco

DRY CARGO

LEONARDO" "SIR JOHN New York vla

FRANKLIN”

Manila duo Sept. 27:

A. P. PATTISON & CO. SINERAL AGENTS, CHINA, FORMOSA “à: HONGKONG

"CHARTERED BANK BUILDING. TEL; #8116.

CHINESE BHIPPING OFFICE:

20 Connaught: Road,"0. Tel. (84639.

San Francisco (Accepts, no cargo homebound)

Balle

For

Sept. 12 Ban Francisco via

~~Yokohamfa' Sept 20 San Francisco

Ban Francisco.

vis-Kobe:

Rept.: 25

Oct. 5 San Francisco'

CARGO OIL TANKS

For ful particulars call General Agents. UNITED STATES' LINEB CO., Quéon's Bldg, Tel. 21261

per fola 1141; Forward (unom- cial) no trading; Sovereign 763. (One tola is equal to th of an ounce.)

Crx

Buenos Aires Sovereign, buy- UIS. 123.00, sellers 125.00. Eagles, 200.00b, 210.00 Gold, Bar, per gramme. 13.30b, 14.20s. Bangkok: Gold, .Bar, - bahf- weight of 15.244 grammes un- quoted. Exchange Rate (Selling) Bangkok on New York T.T. 10.25, London 61.40, Hong Kong 3.80.

Paris Free Gold Prices: Napo- loon 5,250 trs, French 10 franc 1975. Swiss franc coins 2,400, Union Latine 4,850,

Sovereign 6,200, Half Sovereign 2,790, dollar 20 coln 24,500, U.3. dollar 10 coin 11,750, Sovereign (in froe U.S. $ per ounce) $85.2, Napoleon (in free U.S. per ounce) $91,0, U.S. dollar notes (in black- market) 17/420.

U.S.

Pari Free Market: Patex-In- gola: Tino, Gold ingats, with sde- livery of counterpart per gramma 1234/344-traj Without counterpart 660/005. Gilver Ingots," per kettő 5,700b, 0,600. Platinum Ingots, per ;' kiló **700,0001, 885,000₫ ----

8th OCT. 6th. NOV.

ARRIVALS FROM PACIFIC COAST

m.s. "FRANCISVILLE" ..........

23rd SEPT. BAILING FOR SINGAPORE PORT SWETTENHAM,

PENANG & BATAVIA-TTO

----~24th-BEPT-- PASSENGER ACCOMMODATION. BULK OIL TANKSA ·

Chinese Freight Agents.

HOO FOOK PING

THE BANK LINE (China) Ltd.

Apply:

THE BANK LINE (CHINA) LTD.

King's Building. Tel, STTEE

BEN LINE STEAMERS LTD.

BHOP

8.8. “BENVORLICHT" 5.8. "BENLAWERS” B.B. “DENCRUACHAN” 6.8. "EKNMAUDHUI”

"

SHIP

8.8, "DENLAWERS" "

8.8; "BENYORLICH”

ARRIVALS

FROM

U.K.

Discharging.K/Wharf.

U.K.

U.K.

SAILINGS

TO

(Aden, Port Said, (London, Antwerp, (Rotterdam,

8.8. "DENCÉUACHAN" (Hamburg.

14th Sept,

Early Oct

Late Oct.

READY

Mia Sept.

First-Half. Oct.

Early. Nov.

S.S.. “BENVORLICH"'" 'Kobe (Japan) 10th Sept.

S.S. “BENCRUACHAN”^A

Early Oct.

* For Further Partsculars,, Apply To W. R. LOXLEY & CO. (CHINA), LTD.

„Agents

Tærk Building::