1948-10-13 — Page 12

ROYAL INTERACEAN LINES

Passenger-and

Freights

JAVA-CHINA-JAPAN SERVICE

Arrivals

**TJISADANE"

in port

It purt

**TASMAN"

"TJIBADAK"

“TJĮTJALENGKA"

from. Micassor

& Java Ports

14th October.

from Maransar

& Juyaports 28th October

Ballings

to Manila, Java Ports

Macusar

14th Oct. 5p.in.

to Amoy & Manila

18th Octuber

to Java Ports

and Macassar

28th October.

to Shanghai

26th Nov.

to Javaports

& Macassar 9th November.

ASIA-AFRICA-SOUTH AMERICA SERVICE.

*BOISSEVAIN"

"TJIBODAS"

"TJIKAMPEK"

"TEGELBENG"

Arrivals

from Japani 15th Oct.

Truth

South America

& South Mirira

1st November, from

South Africa

17th November, from

South America

& South Africa 22nd November.

Ballings

to South Africa

& South America

vin Mailla, Straits

7th November.

to Shanghai

and Jupan

2nd November,

to South Africa

& South America 6th Dec.

to South Africa

& South America

6th January.

Transhipment carro on through Us/L to Dar-Ea-Bainsın,

Mombasa, Zanzibar accepted on all sailings, SUMATRA-MALAYA-CHINA SERVICE

Arrivals

"NIEUW HOLLAND"

In port

"DEINRICH JESSEN"

1st port

Sailings

to Singapore 17th Oct., noon. (First Clas passengers only

louding 10th Oct.)

to Swatow & Amoy 13th Oct

Agents: HOLLAND-EAST ASIA LINE

LANGLEESCOT"

Arrivals

from Japan

Tanks available for

oll in Bulk

& Shanghat

17th October.

from Europe

end October.

"MARIEKERK"

"MOLENKERK"

from Europe

end November

Ballings

to Eumpe via Manlin & Straits

19th October.

to Europe via

Mautio & Straits

Mid November.

to Europe via Manilo

& Straits.

Mid December.

Transbinment cargo on through Bs/L accepted to

Mediterranean and Northern European porta.

Agents: SILVER LINE LTD.

SILVEROAK”

Arrivals

from U.S

Baillage

In U.S. vla Pacife Const via Atlantic ports

4th Nov.

0th November,

Office Address: King's Building. Phones: 28015, 29016 & 28017

Chiness Agents; 62, Connaught Rd., Tel. 31196 & 21533

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC | ATLANTIC COASTS

LOADING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

5.5. "DONA AURORA” m.y. "BRYNJE"

14th November

Late November

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tel. 28676--22678

CHINESE, SHIPPING OFFICE Tels, 25788-20153

THE HO HONG STEAMSHIP (CO., (1932) LTD.

m.v. "KAMUNING"

TO SINGAPORE & PENANG

Londing

17th October

Sailing

18th October

`s.s. "HONG SIANG“

To SINGAPORE,' PENANG & RANGOON

Loading

30th October

Sailing

31st October Subject To Alteration Without Notice For Further Particulars on Freight & Passage Appis:

THE HO HONG CO. (CHINA) LTD. 48A, Bonham 'Strand W.

Tela 28127 & 25648---

'STATES MARINE CORPORATION

(States Marine Lines)

S.S. "COTTON STATE” Voy. No. 13

DUE HONG KONG 24th OCTOBER

FROM

"AND GULF FORTS

Agents

GOURLIE & CO. (H.K.) LTD.,

Union Building,

THE CHINA, MAIL, WEDNESDAY, OCTOBER 13, 1948.

FINANCE

AND

COMMERCE

US MILITARY AID TO CHINA NOW THREE QUARTERS PAID

Hong Kong Stock Exchange

fairish number of Unions

changed hands at $780 and $775

and Shanghai Lamis ut $8 and

Washington, October. 11.

The State Department announced today that US:

$88,275;170- in military, ajd funds, have been. transferred to Ching's hard prosted Chiang. Kai-shek government since lost April, The money represents about 75 percent of the US- $125,000,000 in military aid funds which the 80th Congress voted to help the Nationalist Government fight against the Communists. The State Department's estimate was included in a report to President Truman, on the pro- gramme.

The report said the money has

$6.10, the rest of the market been used by, the Chinese to buy UK Cotton

quiet.

IK, GOVT. LOANS,

exon 101 1⁄2 h.

14% town (1924)

BANKS

Town (1948) 2014.

T.K, & a. Hank Robin.

tion. Rex.) £140, Chartered Bank 211%0. Mercantile Hwh A. & D. Bank of East Asta 14in.

INSURANCE:

Canton Ing, 3901,

Linton Jun. 176x, 790,"3502,

China Uniferwriters Ta,

1.K. Fire Ina, 280n.

HRUPPING)

Douglases 257n.

£210.

· H., & M. Rteamboate 175. Jadu China (Prof.) Obs; (Det.) 4. Shells (Deater) 75/-n.

U. Waterbenta Bin,

HOCKA WHARVES, GODOWNS, Etc.:

JEK, & K. Wharven (0) 140×1 {N} 125m,

North Polet Wharven 7As. H.K. Dock 200s.

China Providenta 22% n. Shanghai Dockyards 18.

MINING!

Kaub Mines alát

H.K. Mine 1354

LANDS, HOTELS & BUILDINGS1

IL ▲ 8. Kutels 14.10b, 18 20/%/36««, HK Lands acu, 171, doma.

Shanghai Lande kb. 1.15, 0/6.10»«, Humphreys (X. Jin) 1964 (fighta) ́in, JL.K. Balties 184.

Chinese stalen 185A.

PUBLIC UTILITIES:

$,K. Tramways 20.101, 2016.

gins ammunition, alrernft en- gines, rolling stock, lyres nod radios.

The European 'Recovery Ad- ministrator, Mr. Paul Hoffman, announced that, $97,008,000 worth of food and other economic na- sistnice had been shipped or was of shipment to in the process China in the past six

months. That. le part of the US

US$275,000,- 600 programme of economic aid for China Shipments ellher macte ar authorised so far include US$20,028,000 worth of wheat, rice and flour, US$22,000,000 in petroleum products, US$64,700,- 000 worth of cotton and US$1,- 160,000 of fertilizer.

The State Department sold the Chinese Government tentatively has earmarked US$87,500,000 military nid for the Army; USSD,- 500,000 for the Navy and US$20,- 000,000 for the Air Force.

group

London Stock Exchange

London, October 11. With the current period of trading due to end tomorrow, trading in London's stock ex-

I change was small today, Bri- tish Funds opened firm and

To Be Cheaper held gains of 1/18 despite bouts

22

Manchester, England,

October 10. was, announced today that chaaper export prices for British cotton cloth will fat- law more cuta in the soiling rates of Egyptian cotton,

Mit owners with be able to take advantage of the reduc. tions of between one farthing and 1/2 pence, In the 12 dif- férent grades of Egyptien cotton, according to the Raw Cotton Commission's notifica. tion to pinners-United Preak

Interest Rates Increase Asked

Washington, October 11. The Federal Reserve Board is trying to persuade the Trea- sury that another increase in the interest rates on short-term Government securities is neces- sary to minimise inflation.

Mr. Hoffman said that the spe- cial

American survey headed by

Charles L. Stillman recommended д US$35,000,000 to meet replacement programme needs of 16 key Chinese railroads, power companies and manufac turing plants. Mr. Hoffman said that the food supplies funneled into China make up one half of the rationing programme that has been carried out with great SUCCESS alx major cities. The Although both the Treasury remaining half of the food was and Feeleral Reserve. Board pro- obtained by the Chinese from mised holders of long-term gov: ernment securities that pricca will not be permiftted to fall be low par, no such promise was made to short-term holders.

Peak Trams (Old) 191⁄4%n; (Now) 11n, domestle sourcess. Star Ferries (265),

C. Lights (014) 20.10»,

(New) (F. P4) 106.

(New), (P. Id) 174.

1.K. Electries 27b. 27. Mucho Electrice 24%. Bandahan Lighta 15% m. Telephones 2016*.

Shanghai Gas 411. INDUSTRIALEI

Cald. Macs. (0m.). 206. Canton Ir Th

Cements 3744b, 38.

1.Kows 10, BTORES: &c.f

Dalry 'Parois (0in) #%h, 419.

(New) 400.

Watson (D) 66.

(New) Slaa.

2 bố cords (K. Ra] 4.

(Right) 1.

Buceres ka

China Emporium Oh, Sun Co., 4%.

"Kwong "Boje“ Honig ~ 78&n=

Wing On TILK)

0,

Wm, Powell, Ltd. 11.

MISCELLANEOUS

China Entertainmente ton.

f

H.K. Conatesetions (0) -5%w; (N} &n. Vibros (Old) 16x; (New) 10m.

Maruman Investmentà 15/3n.

Maraman (JL.K.) 11⁄2 m

Bhenthel Loan 14-

COTTONB:

Ewen 18.70, 16460n.

RUDDER, ETC. COMPANIES)

Anglo-Java 14,

Cheng Rubbers 10n.

Consolidated 'Bubbers 2%. Kola Bahrom Zn.

Padang Rubbers 15. Rubber Teunt

Beinawers Rubbers 1.10.

Shanghai Pahang 24. Tanah Merata 70. Tebang Rabbers 88p. Zlaniebe Rubbers Sil

•

WALL STREET COMMENTS

New York, October 11.

The

Difficulty

The report said that soon after

of profit taking,

Major price changes In the in dustrial marketa were few und confined 10 irons and atcels. These were helped by the September steel output figures showing on Annual rate of nearly 15,000,000 tons,

Lending issues were in good de- mand and recorded advances of one to two shillings. Brewery shares were dull. Owing to the decrease in public spending now- er, beer consumption in Britain is showing signa of falling off anul shares were sold today.

Movements in the all market were small. The tone was slight- ly easier although the Apex 45/9; Trinidad were strong buying found the market rather short of shares,

nt

South African mining shares were generally easier. An early demand for new Pioneer group re- sulted in a sharp upward move- ment, but gains were lost when the market became Idlo.-Reuter.

Replacement For Mackenzie King

Ottawa, October 11. Mr. Louis Saint Laurent, the Foreign Minister and acting Pre- mier of Canada, will leave, by air for London on Wednesday to take

the milliary programme started By mutual agreement in Au- the place of Mr. Mackenzie King. the Chinese ran into difficulty in gust, the rate of 1-175% for one at the Commonwealth Prime getting the materials they want-year certificates was permitted to Ainisters' Conference.

ed

and called on the United rise to 1-1/4%. During Sep-

States for help. It said the tember. the rates on other gov- Mr. Clarence Howe, the Minis- United States was making some ernment issues ranging from 90 ter of Trade and Commerce, will materials available to China from days to 18 months were also albe acting Prime Minister during

Mt. St. Laurent's absence. Its own military stockpiles with lowed, to move higher, the idea of replacing them later.

It is understood here that Mr. The report said that

about

The Board now proposes an-Mackenzie King, who is ill in US$3,803,000 has been curmarked other increase in the rates on London, requested that Mr. St by the Chinese Navy for

certificates and notes-possibly to Laurent should make the trip, to ports, ammunition and record-1-1/2%--which if approved by emphasise the importance, Cann- tioning of vessels transferred to the Treasury will undoubtedlyde attaches to the London meet-

sparn

the Chinese, The Chinese Air result in the lowering of Gov- Forer has allocated about half of ernment support levels for short- Its US$28,000,000 for petroleum, term bonds maturing in one to aircraft sgiare parts and surplus four years, Americon bombs and ammunition Such action will probably also

from the Paclic arcu.

Mr. Hoffman sald

raise the cost of all borrowing that for periods ranging up to five US$203.300.000 of the money years.

But the present support available for economic ald to price policy on long-term bonds China will be used to buy will not be affected. commodities, Buch a food,

Mr. St. Laurent, it was under- stood, had intended to send a senior cabinet minister, and last hight Mr. Rowe and Mr. Brooke Claxton, were thought to be possible, re presentatives. Mackenzie King as Liberal lender Mr. St. Laurent succeeded Mr.

and. Mr. Mackenzle King has

the Defence Minister,

ferilizers, patroleum and cot. There is no indication when a stated he would hand over the - tom. Another US$71,000,000 change in short-term rates is premiership to him. on his return

ment

TH

Notice. To Consignpos

will be spent for cépital áquip-| likely, to “occitř. The Treasury |to Canada.—Reuter.

and technical ser

services.

has made no decisioh and it The remaining money will go popularly, believed, that changes for administrative expenses. He will be delayed until the Tron- sald the special American survey sury's next short-term Anancing un headed by Charles L. Still-which is due in January, with man has recommended a US$35,- the decision on the interest rates v00,000 programme to meet re- due to be made some time in placement needs of 18 key Chi-December-Reuter. nese rullroads, power companies

and manufacturing plants.

Mr. Stillman' is in China to. de- cide how the remaining US$33,- 000,000 in this programme should be, spent.

Farm Economy

Bunche Endorses Bernadotte Plan

Paris. October 11.

that Jerus

CIE DES MESSAGERIES

MARITIMES Conalgiftes per Company's 3.9. "ANDRE LEBON"

are hereby notified that their cargo is being discharged into the Hong Kong & Kowloon Wharf & Godown Co.'s godown, The late Count Bernadotte, where it will be at Consignees Mr. Hoffman's statement said Bureau of Agricultural that the Joint Commission on United Nations, Mediator, reach-risk and subject to the Wharf's Economics of the Department of Rural Reconstruction created Syed the conclusion shortly before, terms and conditions of storage, Agriculture stated in the Demand the China ald act is also attempt. he was assassistent and price situation" that

"présent

national forces indicate in total a fairly g to work out a long range alem should be put under inter and where delivery, may be control and that an obtained as soon as the goods. programme for Improving initial force of stable level of economic activity in China's farm

6,000 United, are landed. 1949." There is even a possibility group will have available some for this purpose. Dr. Ralph Bun- This Nations guard would be needed that the Impact of foreign aid and US$27,500,000 contributed jointly che, acting successor, sald today. defence expenditures on generally by ECA and the Chinese Govern- tight economy, may cause some ment. Mr. Hoffman said the joint Dr. Buncho, who is now at further price inflation, the

the BAE said..

poration is planning to continuo

economy.

Commission on Rural Reconstruc

also will help in carrying The Commodity Credit Cor- a "limited number" of coal

Its commodity. 16an interest rates projects.

ex-

left in the Godowns for

Damaged packages are to be

amination by Consignees and the Assembly in Paris,

*Company's Burveyors, Messrs Goddard & Douglas al declared that ho personally en- dorsed completely the conclus 10 am. on Monday, October

uns reached in Count Bernidot 18, 1948.

tending the

for

ot: 3%, despite requests of banks clude farm control and irriga Palestine question came up

He said that other projects in to's report and would tell the Political Council so when the for higher rates, ・・・

tion, health and sanitation work The North American Rayon Corp, and the American Dembere development of improved sendi review. — Reuter. Corp. have, culled a special stock- and agricultural vaccines and holders meeting on November &

financial assistance to schools,

To comply with the General Bonded Warehouse Regulations Consignets, must have," a "Re- venue Officer in attendance when damaged dutiable goods

to consider, the creation of a new Ho said the ECA colton was given change for raw cotton is sold in series of stock of each company to Chinese mills in exchange for China to help curb infalich er i ara examined. to fulfil order issued by the At Yarn and textiles on a basis which bartered in the interior to.main-

No claims will be admitted. torney Generol last November re permits the mills to make a fall tain the flow of essential goods. garding the tire sale of Blares prolit but rules out any hoarding to the cities. The other half is ufler the goods have left the sold abroad China's steamer'd godowns, and al Mr. Hoffman each corapally, now held by that office.-Router.

yarn for, textiles obtained in ex- Press.

AMERICAN PRESIDENT LINES, LTD.

Pamongers and Freight. -- REFRIGERATION-SPECIAL CÁRGO OILÍTANKB-

CARGOCAIRE SPECIE

TO MANILA

ROUND-THE-WORLD""

"President Harding"

1

Out. 23

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

NEW YORK AND BÖSTON, "President Harding" ......

Oct. 23

To U.S. GULF PORTS via PHILIPPINES and PANAMA

"Kenneth McKay"

"Frederick Lykes“

Bt. George Bldg.

Oct. 15 Nov. 10

Tel. Nos. 28172 /28175

American Promeer Line

Arrivals from, New York, Boston,

Other Atlantic Ports via Panama

"PIONEER SEA"

"PIONEER TIDE" "PIONEER. DAY”

"PIONEER SEA”. "PIONEER TIDE” "PIONEER BAY"

Sallings to Manila'

Oct. 11 Oct. 24 Nov. 15

............For Hofio, Cebu & Manila,

Oct. 11:

Oct. 25 Noy, 16

Sallings to New York, Boston.

Boston, Philadelphia

Baltimore & Other Atlantic Ports via.

"PIONEER COVE" *TIONEER SEA" "PIONEER TIDE"

Panama Canal

-Special Cargo Oll Tanks-

Due Oct. 14.

Salls Oct. 15,

Due-Oct. 30 But Nov. 12

Fails Oct. 31

-Balls Nov. 13

For. Full. Particulars Call

UNITED STATES LINES

General Agents

Tol 91251 (3 lines)

Queen's Building,

KLAVENESS LINE

SAILINGS.

DIRECT TO. VANCOUVER AND TACOMA

19th Oct.

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

ARRIVALS FROM PACIFIC COAST

MS. "BOUGAINVILLE” M.S. "CASTLEVILLE"

MS. "ROSEVILLE”?

Duo

Vancouver Tacoma

24th Oct. .....14th Oct.

.22nd Oct.

Due Hong Kong..19th Nov,

Vancouver

Tacoma

. 20th Oct.

30th Oct,

Due Hong Kong ..27th Nov.

PASSENGER ACCOMMODATION. BULK OIL TANKS -

Chinese Freight Agents.

HOO FOOK PING

THE BANK LINH (China) Ltd

*Apply!--

THE BANK LINE

(CHINA) LTD. King's Buliding. Tol, 27793

BEN LINE STEAMERS LTD.

ARRIVALS

SHIP

FROM

DUN

UB.

Late Ock

U.K.

Mid Nov.

U.K.

Mid Deo.

READY

8.8. "BENMÀCDHUI” 5.8. "DENNEVIS" - 6.8. "BENARTY**

SHIP

SAILINGS.

*S.S. "BENGRUACHAN” S.S. “BENMACDHUT””.

Calls at Genda:

Aden, Port Said, London, Antwerp, Rotterdam, Hamburg

15th Oct.

Early Nor.

For Further Particulars, Apply To- W. R. LOXLEY & CO. (CHINA) LTD.

Tork Building

"Agents: Me

"Telephone::24165.

FASTEST DAUY. SERVICE TOʻAND, FROM MAÇABİ

de fuerendo qutifarding stocks of or eperluan said, "Half of the forem, trade, position:"United geode remaining undelivered TS.S. “MERRY MOLLER”

Pacific Far East Love, Inc.

DIRECT

SAN FRANCISCO," LOS ANGELES

Fast Regula

Trans-Pacific

ανεπταίνει

NEW YORK-UJITCAGO-DETROIT-TORONTO,

MONTREAL AND ALL AMERICAN & CANADIAN CITIES.

Regular Schedule Bumppuden Tok: Paration of Pheifio. Count:Biziko.

... ་་་་

A REEBIGEBANON • DRY CARGO A FARGO OFF TANKS,

Agen i UNTIRDI STATES LINESKOUMI-ACCH's Eidg. Tel $124

Telephone 8186..

| For full particulat

after Tuesday, October 19 1948 will be subject to rent

Ait claims against the steamer must be presented tą the undersigned on or before the Novembét 8, 1940, or they will not be recognised.

No. Fira, Insurance, Will ̈bq| effected.

CIE DES MESSAGERIES MARITIMES.

Hong Kongr October 1

www TÜ

Learng nong Song 200 m. Dung trom như th Leaving Macko

Daily

Timos suklock to allęzation without notien? Ni

MOLLERS" (HONGKONG)- LIMITED