1948-10-14 — Page 12

•THE" CHINA_MAIL, THURSDAY, OCTOBER -14, (1948.

ROYAL INTEROCEAN LINES

Basengot-and

Freight Strikes

JAVA-CHINA-JAPAN' SERVICE

Arrivals

TISADANE”

In portals

"TASMAN"

In port

"TJIBADAK"

"TJITJALENGKA"

from Macassar

Java Ports 14th October, from Macassar

& Javaparks 28th

October

Ballings

to Marilia, Java Ports

& Macassur

14th Oct. 3 p.m.

to Amoy

23rd October

w Java Ports

and Macandor

20th October,

to Shanghai

26th Nov,

to Jayapotts

& MachssHT

Uth November.

ASIA—AFRICA-SOUTH AMERICA SERVICE

*BOISSEVAIN"

TJBODAS

*TJIKAMPEK"

"TEGELBERG"

Arrivals from Japnua 15th Oct.

from

South Amerken

& South Africa

1st November. from

South Africa 17th November. from

South America

& South Africa 2nd November.

Sailings

to South Africa

& South America.

vio Manila, Straits

12th November.

to Shaughot

and Japan

2nd November.

to South Africa

& South America 6th Dec.

to South Africa

& South Amerlea

6th January.

Transhipment cargo on through Bs/L to Dar-Es-SaiaAIR,

Momhana, Zanzibar accepted on all sailings. SUMATRA-MALAYA-CHINA SERVICE

Arrivals

"NIEUW HOLLAND""

in port

"HEINRICH JESSEN"

In prest

Ballings

to Singaporo 17th Oct.. nooh. (First Class passengers only Jending 18th Del.) to Bwatow & Amoy 12th Oct.

Agents: HOLLAND-EAST ASIA LINE

"LANGLEESCOT"""

Arrivals

from Japan

Ballings

to Europe vla Manila & Straits

19th October,

Tanks available for

oli la Bulk

& Shanghal

17th October,

from Europe

to Europe vla

end October.

**MARIEKERK"

"MOLENKERK"

from, Europe

end November

Manila & Straits

Mid November.

10 Europe via Manlio

& Straits.

Mld December,

Transhipment cargo on through Bs/L'accepted te

Mediterranean sad Northern European porta.

Agents: SILVER LINE LTD.

*SILVENOAK”

Arrivals

from US

Sallinge

to U.S.

via Parific Coast via Atlantic ports

6th November. ith Norv.

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

Chinese Agents: 82, Connaught Rd.,

Tel. 31196 & 21833

DE LA RAMA

LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

LOADING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

s.s. "DONA AURORA" m.v. "BRYNJE”

14th November

Late November

THE DE LA RAMA STEAMSHIP.CO., INC.

(locorporated 'in ́the 'Philippines).

MARINA HOUSE

Tels. 28676--22674

Loading

CHINESE SHIPPING OFFICE

Tela: 28788-2010

Solling

18th October

THE HO HONG STEAMSHIP

CO.,.. (1932) LTD.

m.v. "KAMUNING"

TO SINGAPORE & PEÑANG

17th October

5.1. "HONG SIANG"

To SINGAPORE) `PENANG & RANGOON

30th October

31st October

Subject To Alteration Without Notice For Further Particulars in Freight & Passago Apply:

THE HO HONG CO. (CHINA) LTD.

48a, Bonliam .Strand W.

Loading

Salling

FINANCE

.

AND

COMMERCE

CURRENCY RESERVE AGREEMENT BETWEEN BRITAIN AND BURMA

Hong Kong Stock Exchange

Yesterday morning's efforts amounted to a small collection of "chicken food" at cheap rates, H.K. GOVT. LOANS

$ on 101 (5 m.

1% Loan (1894) 1006.

# Jan (104) 191 %*. BANKS

11.K. B. Hank 2000.

(kon. Arg.) Kiklim, Chartered Bank 11%. Mercantile ask A. AD £10. Bank of East Arla 14in. INSURANCES:

Burton Ins. 300s. Unlon In 716.

China Underwriters 75. I.K. Fire Ine. 240n. SHIPPING

Den 281.

H., & K, teamboate Indo Chinas (P'eef,) 9ân.

(Def.) 25.

Shell

Bearer) 78/7,

Union Waterbonte 20n

DOCKM, WIARVES, GODOWNS. Etc.)

K.K.K. Wharves (Old) Jaša, 12.

(New) 150sm

North Point Wharves Bin, H.K. Docks 28.

China Providenia 220. Bhanghat Dockyards 10N. MINING1

Kaub Mines 6% 0.

H.K. Mines 035.

LANDS, HOTELS & NUILDINGS:

H. B. Hotela 14,19

R.K. Landa 0034b, ökan. Shanghel mods 6.15m, Humphrey (X. Išim) 181..

(Ithaka.

H.K, Renition 18.

Chinese Fatales 178n. CUBLIC UTILITIES:

H.K. Tramwaya 20.10%, 20,80EK. Peak Trama (Old) 19%¤.

(New) 11.

Star Ferries 125

C. Lights (01d) 20.10%, 20.20/20...**.

(New) (F, M) 20a, (New) P. f.

XK, Electrics: 37%/87oo. Macao Electrica 24%. Elandakan Licht . Telephones 35m.

Bhanabal Gas 4. INDUSTRIALS:

17.

Cald. Maeg. (Ord) 264k.

Canton 1 70.

Cements han.

BR., Herpes 190,

STORES &.t

Dairy Farms (Old) 4in.

(New) 40n,

Watsona (Old) 650.

(New) Sin.

L. Crawford (X. Rim) $24.

(Night) 1.

ра

Bincares -

China Emporium th, D. Son Co., Ltd, 4%. Kwanz Ko Hong 1862. Wing On (8.K.) 6540. Wm, Powell, Ltd. lib.

MISCELLANEOUS:

CHÍNH Entertainment đến.

II.K, Constructions (Old) $3.

(New) $n. Vibrom (Okij 18.

(New) 10n.

Marenan İnvestments 11/11. Mareman (HK) 150, Shapaħal Loan Aljaz COTTONS:

Em 184.

RUBBER, ETC.. COMPANIES:

Anglo-Javas

n.

Chear Hubbers 70m.

Cunsolidated Blubbers 3A. Kota Bahtroc 20.

Padang Rubbers In.

Hübber Trusia 5

Bamagaga Rubbers 1,10n. Shuagħal Iahang 2u. Tanah Merahs .750. Tebong Rubbers An. Ziangle Rubbers én,

•

London, October 12.

Britain and Burma have reached on agreement on the conservation of the hard currency reservos of the starling aroo, the Treasury announced today.

London Stock Exchange

Under this agreement, which linked with the question of com- covers the current half of the penisation for nationalised British Year ending December 31, property in Burma. 1948, Burma will, in addition to having at her disposal her own carnings of hard cur rency, be able to draw on the owner pf nationalised property The last day of account brought central reserves of the sterling

currencies area for hard ment her essenial needs up to a total of £2,000,000.

Any member of the sterling to a fair share of the contral re- area has an unchallengeable right nerves for essential imports. Any has an unchallengeable right to to fair compensation, but it was not regarded as feasible to links these two rights.Reuter.

The agreement followed discus- sions in Rangoon between repre- sentatives of the Government of the Union of Burma and members, of the British Embassy, repre- senting the British Government.

Although Burma is no longer within the British Common- wealth, she is still a meraber of the sterling area and therefore ontitled to share the area's bene Bts and central resources, a Trea-

spokesman explained

kury

months

to-

IDLE FUNDS TO BE REDUCED

London, October 12.

some hesitancy to the industrial groups today. Trading meagre and consisted mainly of tevelling up of positions.

wog

Browers and tobacco shares were dull, (knữ this was vome sailing of textijen, by the provinces, Irons and atkela, huwent, met occasional small support and remalı ad Arm

to the upward There was no check movement la gift-edged. These were in demand by Ith amal? and large Inveskorn

Shanghal, October 12. A formula will shortly be Ink and ascented wine of per cent. down to reduce the amount c idle funds, the Finance Ministe stated here yesterday following his return from the United States for Mr. Wang Yun-wu left

H Nanking last night by train. flew to Washington in the latte part of September and preside over the third annual meeting o the Governors of the World Ban and the International Monetary Fund.

The new Australian B5% town of 1968/67 was qubted at 1-9/16 premium.

There were no outstanding movements to the ell market. There was, however, xa pecasional sale which remiten

lightly lower level. Forelyn bonde and xila were quiet. Bome interest aken in central Ururusy and Manila tocks, both of which were fractionally harder.

light.

"We have been negotiating for various the past few agreements with other members of the sterling area whereby they would cearomise in the oppor tunities they would make of the gold and dollar resources of the

Before he left for Nanking, Mr. alerting ares," the

spokesman Wong told newsmen his sugges said. "Agreements have 'been'

tion that the Far East and South mude with India, Pakistan and

America should get more loans other countries,

they 14 whereby

had been adopted by the Mono- agreed on a delinita figure for a tary Conference. He also express- given period."

ed the opinion at the meeting that the World Bank had laid too

Rice Position

of

it was belleved 'in' London! much emphasis on rehabilitation that Burma's allocation of £2,- instead reconstruction, and 000,000 of hard currency from Europe Instead of other countries. the central roserves of the ster- |-Reuter. Hing are represents some con. cession to :Burma. It appeared:

to be a little more (by parhaps

SILVER AND

WEB

market African mining The South poved with narrow Smits. Free BALO lasues were selectively fryser but walk Mering of dividend payors casived Inter in few pence.

The South African gold index was un changed at fb.i.

ECURITIES:

7934

British Consola, 25%%% Canveralon Loan, B. 1961. 108 Funding Loan,4% 1059/90.. 113 War an, 35%, 1062 Wae Loan, 3% Victory Bands,

RAILWAY BHARKS: British Temsport, 3% INDUSTRIALN

104

10434

110%

.... 100-3/16

Dritch American Tobacco for

G.B. Ireland)

* Imperial Chemical Indust., ed.

•Imperial Tobacen Co. (ut G.D.

500,000 or 10) than Burma GOLD MARKETS

actually drew from the contral reservas during the first half of this year. Well-informed financial circles

London: Silver, Spot fine ouDDD 47d, Forward 478; Bar, Gold, për fine per fine cunce 172/3.

saw several possible reasons for New York: Silver, Bar, (asked this relative generosity on Bri-price) 77% ats.: Bar, Gold, per

part. It it

encouraged fine ounce (omolal) $36,

tain's

roland)

MINA SHARES: Burma Corp. Crown Mines

Nandydroom Mine

Rand Miner Spring Miner Bub Nich

Troy Tin Co.

OIL SHARES:

Burma to export her rice crop, Bombay: Silver, Ready, por 100 Unton Corporation

(One tola is equals to 4th of un ounce)

Funding Loan, B

AMERICAN PRESIDENT LINES, LTD

Passenger and Freight -.

·REPRIGERATION-SPECIAL CARGO OIL TANKB--- 1′′

CARGOCAIRE-SPECIE**.

·To MANILA.

"Kenneth McKay"

"President Harding"

ROUND-THE-WORLD

Oct. 15. Opl. 23

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

NEW YORK AND DOSTON, "Président Harding"

:

Oat: 23.

To U.S. GULF PORTS via PHILIPPINES and PANAMA

"Kenneth McKay"

"Frederick Lykes"

-81. Geɑrga Bldg.

Oct. 15 Nov. 10

Tel. Nos. 28172/28175

Americam Pioneer Luic

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

"PIONEER TIDE" "PIONEER BAY"

Sallings to Manila

"PIONEER TIDE" "PIONEER BAX"

Oct. 24 Nov. 15

5

J

Oct. 25

Nov, 18

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

Panama Canal

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

-Special Cargo Oil Tanks-

Due Oct. 14

Sally Oct, 15

Due Oct. 30

Balls Nov. 1

Due Nov. 12

Balls Nov. 13

For Full Particulars Call

B

41/

D-5/33

0/7%

3%

11/3

#%

A/-

8-15/18

1/3 207/6

General Agents

234

Queen's Building,: ·

Tel. 31251.(3 lines)

.. 20836

it would greatly help the other tolas Rupees 175, Annas 12; For Rayel Dolch Co...... members of the sterling area, ward 174, 18; Marwari (unuff)- Shall Transport & Trading Co. 1%% notably India and Malaya. The clal) 176, 02. Gold, -delivered, per, "SHIPPINGI rice position in South East Asia tola 114, 12; Forward (unofficial) P. & C. Steam Navia. Co., ord. 14/15% has held up remarkably woll: 114, 02: Sovereign unquoted. GILTENGED: against all the political unrest, but, as the staff of life of many

of people, millions

ft Justifies all possible safeguarding.

By reducing imports of other grains, bigger shipments of per gramme, (buyers-sellers) Barings Bonds, 35%: Burmese rice might actually save dollars.

Financial officials also mention ed the desirability of any action tending to strengthen the forces of law and order in Burma.

In-one-sanze, even-s-rathor ganarous limit might be a use-

Buenos Airea: Sovereign, buy-i ers 185,00, sellers 205.00; s. Engles, 320.00b, $35.00s; Gold, Bar,

unquoted.

National War Bonds, %

1040/61 IPSW/54

195454 1951/03

1935/85

1100/70 1085/76

101

102-1/15 102-11/16, 102-7/2

105 1024

1024

UNITED STATES LINES

BEN LINE STEAMERS LTD.

ARRIVALS

CHIP

TROM

DUL

6.8. "BENMACDHUI":

U.K:

Late Oot

6.8. "BENNEVIS"

U.K.

7

Mid Nov.

274

5.5, "DENARTY"

·UK.

Mid Dec.

2T

SHIP

SAILINGS

TO

READY

f Aden, Port Bald,

18th Oct.

Early Nov.

Chartered Bank of A. & C. 11%

Bangkok: Gold, Bar, baht- waight of 15.244 grammes quoted. Exchange Rate (Selling) Redemption, Buck, 3%, 1958/00 100% Exchequer Bonde, 1% 7%, 19530,, 100% Bangkok on New York T.T. FOREIGN DONDE 19.80; London 60.20; Hong Kong Gorman Lawn (Dawer), 1% .. 3.75

"Japanese 0% 1907/67 Paris Free Gold Prices: Nopo-Japanese 4, 1024/89 ful safeguard to Britain, since leon 6,000 Frs (French 10 franc Jep.8. Manchurian Rly., 64, 1923 20 any limit is better than none. colns 2.850; Swiss

frane 5,760: BANKS In theory, Burma, like any Union Latine 5,000; Sovereign Hong Kong Blanghai Bank 114% other member of the sterling

7,200 Half Sovereign 3,300; US Mercantile Bank of India "A" " area, is entitled to draw on the $ 20 Coin 20,200; U.S. $ 10 Coin CHINESE EXTERNAL LOANS! contral reserves of the sterling 13,000; Sovereigns (in free U.S. Tienin-Pukow Raliway, 59. 11 area for all essential imports per counce) $97.6; Napoleon (in Langing-U-Hall, 6%, 1911 from the hard ourrency areas-free US $ par ounce) $102.0; U.S. Leory. Lowe, 64, Lin. luue, 1913 19

Dollar nates (in black market) Cries Loan, %, 1912. Common Interest

*******. ;itskuang Railways; +6%, 3912.. 467

...Sonan Stallway. G. 1005 Paris In practice, all member coun~,

Rates: tries have agreed on self-dis- Ingats: Fine Gold Ingots, with the Nanking Hys., 5% cipline in this matter, since the livery of counterpart per gramnic common interest of strengthening 234/244 Frs; Without counterpart sterling area as a whole is also 720/755; Silver Ingots, per Kilo. the clear individual interest of 0,000b, 7,400s; Platinum Ingols

per Kilo 800,000b, 066,000.- cach member country,

For tho BUMC reason, this.Reuter. agreement could not be formally

AUSTRALIA - WEST PACIFIC. LINE

*

EXPRESS SERVICE <Refrigerated, Ventilated and General Cargo

M.V. “AROS”

Loads 7th November

Arrives Australia 24th Novembar..

for

BRISBANE, SYDNEY, MELBOURNE, ADELAIDE

via.

MANILA, RABAUL

Transhipment cargo accepted for Fiji and New Zealand-

#Tela 20127 6% 25046

DODWELL

Generaf Afanta

TAY KEE & CO.

STEVEDORES, TRANSPORTERS, A GENERAL CON FACTORS

Baballers of Janka" Verius, & Bleurs-Laussolina.

Brecint Work for Khenry. Caruson»»«pellable

LTD.

Tel. 2002

Free

Market

Kowloon Canton Hallways, 5%,

Sterling Donde ...

22

11

*S.S. "BENCRUACHAN”

S.S. "BENMACDHUI”

London, Antwerp, Rotterdam.

Hamburg

For Further Particulars. Apply To-

• Calls at Genoa.

12

15%

Beuter

Notice To Consignees CIE DES MESSAGERIEŚ

MARITIMES

Money Market Consignees per Company's

The crash in Gold Yuan did not affect gold and the other cur;;

1.3. "ANDRE LEBON"

rencies quinted on the Exchange. are hereby notified that their

Gold

opened yesterday al HK$314.50 a tael and closed at cargo is being discharged into 1214 centa lower. Fluctuations the Hong Kong & Kowloon were within

narrow range,

Wharf & Godown Co.'s godown, highest and lowest rates being where it will be at Consignees' $315.25 and $312.75.

risk, and subject to the Wharf's U.S. dollars, after opening si terms and conditions of storage, HK$3.27%, went up to $5.30% in and where delivery may be the afternoon.

obtained as soon as the goods Plastres opened at HK$10.87 ́ à

Sara Jadded."} |100 ang clošed at $10.78.

Ticals were

Damaged packages are to bel HK$25,60 a 100,

left in the Godowns- for ex- NEL Culldora Buctuated beamination by Consignees and |tween "HK$30.40 and $30.30′′h 100 the Company's surveyors, Sterling was quoted at. HK$13.93 Messrs Goddard & Douglas at and Australian pounda A1 HK$12.53:

October

at unchanged

10 am. on Monday, 10, 1940.

SHIP MOVEMENTS To comply with the General San Francisco, October 13. Bonded Warehouse Regulations The transport - General Edwin Consignees must have a fic-

Patrick arrived postertay venue Officer in attendance from Yokohama.

when damaged dutiable goods Scattle:-The Dandborg arrived yesterday from Yokohama.

ara examined," The John II. Quick and the Nordnes

No claims will be admitted| left for Yokohama.

Portland, Oregon:-The

after the goods have left the ship

all Oregon" arrived (yesterday from steamer's godowns, and

goods remaining undelivered after Tuesday, October 193 1948 will be subject to rent,

the steamer must be presented to the undersigned on or before the November:6219482or.they will not be recognised.

No" Fire Inmurango will be effected.

ciated Presa.

Pacific Far East Live, Inc.

OPTIKAL JAND”, ALLİ

Tels: 31518

No

Toor, David How Voenx Road, Central, Hongkong.

lar Bibedulo- Ruu

ORONTO,

QÈ DES MESSAGERIES

MARITIMES.

Hong "Kon!" October 172104

1

W. R. LOXLEY & CO. (CHINA) LTD.

! Agents

York Buliding

Telephone: 34185.

KLAVENESS LINE

SAILINGS

DIRECT TO VANCOUVER, AND TACOMA

m.s. FRANCISVILLE"

Loading

1-19th Oct

ARRIVALS FROM PACIFIC COAST MS. BOUGAINVILLE? M.S. "CASTLEVILLE"

MS. "ROSEVILLE”

Duo

*Vancouver,

20th Oct ... 14th Oct 22nd Oct Due Hong Kong ...19th Nov

Tacoma

Vancouver

Tacomas

20th. Och

30th Oc

Duc, Hong Kong 37th Nov

PASSENGER "ACCOMMODATION. BULK OIL TANKA

Chinese Freight Agents,

HOO FOOK PING

THE BANK LINE (China) Ltd.

Apply mach

THE BANK LINE. (CHINA) LTD."

Blog's Building. Tel.

FASTEST DAILY SERVICE TO AND FROM MAUAD

T.S.S. "MERRY MOLLER"

Leaving Hong Kong 8.10 am. Daily from Winur Kok Which

· Leaving Mavat 115 pm Daily

MOLLERS' (HONGKONG) LIMITED