1948-10-21 — Page 12

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Pago, 12

ROYAL INTEROCEAN

Passenger-and

JAVA-CHINA-JAPAN SERVICE

"TJIBADAK"

"THITJALENGKA"

TJISADANE"

from Amov 28th October

from Mucoasar & Javaports 28th October from Macassar

& Juvaports 11th November.

Sailings

to Javaporis -&-Magur *2011 1October. 1pm,

to Javaports & Macassar 1th November.

to Javaports & Macessar

23rd November,

ASIA-AFRICA-SOUTH AMERICA SERVICE

*BOISSEVÄIN“

Arrivals

In port

ForT

South America

2rd November. from

"TJIBODAS”

& South Africa

TJIKAMPEK*

"TEGELBERG"

South Afrien

20th November. from

South Amerien

& South Africa 27th November,

Sailings

to South Africa.

South America

via Menila, Straits

12th November,

to Shanghai

und Japan

5th November,

to South Africa

& South America

10th December.

to South Africa

& South America

10th January.

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

Mombasa, Zanzibar accepted on all mailings. SUMATRA MALAYA-CHINA SERVICE

TASMAN"

Arrivals

In port

"VAN BEUTSZ"-

from B. Deli & Straits

4th November

Bauinge

to Amoy &

Swatow, 23rd Oct.

to Straits &

Belawan Dell

20th October,

to Amoy & Santow

6 November to

Struits & Delayan Dell 14th November.

Agents: HOLLAND-EAST ASIA LINE

"LANGLEESCOT

Tanks available for

oll in Bulk

2

"MARIEKENK"

"MOLENKERK"

Arrivals

in port

from Europé

1st November.

from Europe

end November

Salinge

to Europe via

21st October.

Manila & Straits

Mid November.

to Europe via Menlo

& Stralis.

Mi December.

Transhipment cargo on through Ba/L accepted to

Mediterranean and Northern European porsa.

Agents: SILVER LINE LTD.

"SILVEROAK"

Arrivals

from US

THE CHINA-MAIL, THURSDAY, OCTOBER 21, 1048.

FINANCE AND COMMERCE

DEWEY HAS "FAIR AND WARMER"

ECONOMIC POLICY FOR

London Stock Exchange

London, October 19.

was

The o share market simulated today by the news of

**New York, October 19,

AMERICA

Governor Thomas E. Dewey has an economic policy that would let: American businessmen work in a "fair and warmer" atmosphere if he becomes. President, according to Fortune Magazine. And with his probable Secretary of State, Mr. John Foster Dulles, he shares a "relatively optimis- fic" view of the chances for Europe's ecoonmic recovery.

Fortune reported that the na- Republican presidential ninee, and his probable, choice to head the State Department

the Royal Duteli-Shall group believe "Európe's considerable Alsance schome. A large doitar

small.

Industriale

•howed

profit-talina

to freund het gains. Tobaccoe' and tex- ifles met nutell demand.

more fully

BRITISH COAL PRODUCTION

al

Hong Kong Stock Exchange

A very brisk morning yester- day accompanied by a good tum- over at gradually Improving rates.

N. COVT. LOANS: -

agg Lown 181 m.

3% Louší (1084) 1968. #36% Loan (1946) JUDU, 101 1⁄2».

H.K. 3. Bank 2000, 1075xa,

(Lon. Rex.) 1450, Chartered Bank £120.

Mercantile Bank A. # 3, £zin. Bank of East Asia 1895. INSURANCE81'

Canton Ins, Hon.

London, October 20. loan is to be issued on the New sources can be

The Ministry of Fuel 're- York markel. Share prices show-employed." They also, believe major a

Britain BANKS! today that ed useful gains with Royal Dutch Europe posessca at 24% and Shells at 3-27/32. secondary source of wealth in ported Trading, In other sections was its African colonial empire; an nined 4,228,000 long tons

empire that can provide, nuw coal last week-the most since Bolirces of raw materiale, the week ended June 6.

British coal production has They would have the United been gaining steadily for the steria but even ad, these baba managed States take steps to accelerate last tovch wooks but is still under the development of these areas. the weekly average of 430,500 "The real opportunity open to long tons needed to hit the year's

Dewey administration in for target of 21,100,000. eign economic policy lles in the realm of world trade. The great electricity question is whether the whole complex flow of trade between Europe and this country and the Large tuseniors in all-edged were held world will remain under state di-

rection or

will be returned to private individuals working in

Government stocks were depressed by espreksilona of 'a new Curezdimisht Joan. Details of this are expected in the nar fukuzw and

believed to be, far Annarlig the Claveramente programme,

Ing off pending the terms of the her

markets.

first 41

Total output in the weeks of 1948 wos 102,078,400 long tons.

Last week. 420,000 long tons were exported or delivered to ships bunkers against 371.000, the previous week and 97,000 Year

ago.

Miners and National Conl Board officinis continued with

Yoreign bunds and raße spent a quiet optand by the new adminis- | their second day of talks on how

day without noteworthy alteration,

The Bouth African gold

Converslun Lost, 3%, 1985. 'Funding Loan, 45, 1980/00

78-11/20

"A

Union 3, 2005, 9809

China Underwe)tori. 61⁄41⁄2 n.

. H.K. Mee Ins. Hon. SHIPPING:

Douglas 287n.

FUN. # M. Bembosta ih, Indo China (Pret.) 950,

(Def.) 294.

Bhall (racee) 70/46. Baina Walezboæis Idin. DOCKS, WEARVES, isowna, Etc.. H.K.K. Wharvm (Old) 150b, 180

(New) 11.

North Point Wharves 71⁄40. 1.K. Docke 295, 50%, 2*/ZDsa.

Shanghai Dockyards in. MINING:

En AKTUSSİVE

Chins Providente n trade to increase production. Associat tration for

alley could

well be decisive. ed Press. polley Moreover, it would not be incon sistent with Mr. Dewey's prin- ciple of reciprocal-trade treaties."

Fortuno observed

SILVER AND

Raub Mines km.

1.H. Mlines" 01BL

LANDS, HOTMlS & BUILDINGS:

Dewey is for full production of factory and form. He is against

London: Silver, Spot fine aunee planned scarcity, public or pri-47d, Forward -470; Bar, Gold, per vato. He is for as little govern- ne ounce 172/3. mental intervention in the affairs

duction GOLD MARKETS, Hotele 14.496, 16/11.400.

business and the people àxi possible, subscribing to the theory that the least government unually the best government.

The

Beeth

Afrkan

Manlia & Straits

to Europe vla

main market opened with burst of Cape buying of

The Free Slate fes

Falahtad. not fully bald Yahes, however, were when the market lapsed into 18teno. index L

proved to 19.0.

BBCURITIES:

1

•

Writish Connois, 235%.................

106-11/10

War I,

1982

War Loke,

1114 104-8/19 10414

of

Victory Ropita, 45%

110%

INDUSTRIALS:

British American Tobacco (of

G. and Ireland)

$6

Imperial Chemical Indust, ord, Imperial Tobacco Co. (of G.B,

#1/-

A feland)

6-7/32

Butai

Curzi

5/1

Cenwi Minev

8-10/10

Nundydroes Mines

11/8

Band Mine

54

Spring Miner

NO

Sub Nigels

4-1/10

Union Corporation

1/8 215/6

1

2144

Salling

to U.S.

Via Parlic Const vin Atlantic ports,

6th November. 4th Nov.

Ptice Address: King's Building, Phones: 28016, 28016 & 28017

Tel. 31185 & 21593 Chinese Acenta: 82, Connaught Rd.,

DE LA RAMA LINES

..

EXPRESS CARGO LINER, SERVICES

TO AND FROM PACIFIC &, ATLANTIC COASTS

LOADING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

1,8. “DONA AURORA”

BRYNJE"

MING SHARES1

OIL BILARES)

Royal Dutch Co.

Shell Transport and Trading Co.

SHIPPING

P. & G. Strane Naviz. Co., rd. EXC CILTEDGED

-Free Competition

655.

Shanghai Lands 6.28b, 6.50%, Com. Humphreys (X. Rts.) 19t

(Right) (n.

1.K. Rentilas 187, Chinese Katalon' 1702.

New York: Silver, Bar, (unked price) 77% cts., Bar, Gold, per PUBLIC UTILITIESS fine ounce (official) $35.

Bombay Silver, Ready, per 190 tolna Rupees 175, Annas 08; For- ward 174, 12; Marwari (unom- cial) 174, 12 Gold, delivered, per tola 114, 12; Forward (unumcial) "Azza firm believer in

the 113, 14; Sovereign 75, 08. (One competitive system, Mr. Dowaytoin is equal to th of an ounce.) would intervene in the opera

Buenos Aires: Sovereign, buy- tions of businema primmelly to:

ers 105.00, sellers

190:00; U.S. guarantos, freedom of competi-Engles, 290.006, 320.00s; Gold Bar

Por

Gramine, 20.006, 28.00. Bangkok: Gold,

balt- : Bar,

tion.

A Dewey, administration may

Prices:

1.K. Tramwayn 191⁄2 8, 90», 18%/10.7098. Feal Trams (016) 191⁄2n.

(New) iin.

•

Star Ferries 12th,

Light (0180) 20

"

(New) (P. Pd.) 20. (New) (F. d.) (16,70n. H.K.- Electrics 1895, 19%%/2011⁄2**. Hace Election 24% 5. Bandakan hin 15 m Telephones H4n.

Shahshat e 60. INDUSTRIALS:

Geld. Hain. (ür.) 27. Canton Ines 7.

Cements tab, 38, 30/18 «r. H.K. Hope 10%,

'Dairy Farme (Old) 4th, 40/3⁄41⁄2 €2xx.

(New) 4, 10mm. Watsoni (Old) $56, Down.

(New) 61b. 601275tER. 1. Crawford (X.. Ris.) 820.

(xhis) 18.

Anceres in.

China Emporium ob.

Kwong Sang Hona 1bản.

be expected to enforce the prin weight of 15.244 Grammes un- ciple of the Sherman and Clay-quoted. Exchange Rate (selling) ton (anti-trust) acts but of the Bangkok on New York T.1. 10.89, STORES 201 1-13/16. Ume sponsor or encourage London 60.20, Hong Kong 3.75.

efforts to revise, both laws. As Parli

Gold Free written, the Governor believes they are, a, handicap rather than franc coins 2,700, Swi

Napoleon 5,076 Fra; French 10

3wiss an ald in promoting real com- 5.825; Union Latine 5,700, Sover petition and that they subject sign 7,300; Half Sovereign business to unnecessary uncer US $ 20 Coin 28,400; US$ 10 taluly.

Coin 13,090; Sovereign (in free! "On labour the Republican ad- US & per ounce) $98.0; Napoleon ministration will follow a hard (in free US $3 per ounce) 8103,2; line. This means no basic-re-

US- Dollar notes (in-black- treat on the Taft-Hartley Act, market) 480. but it does not preclude 'revision

Market Ratex: Paris Free to allow for better administra-

Ingots: Fine

with Gold Ingots, tion of national labour policy."

of delivery

counterpart per Fortune sold Mr. Dewey would

234,344

Frs. Without gramme inalst on a balanced national bud-

counterpart 747%/782; Silver get by reduction of government ingots, per Kilo 0,0005, 7,400s; expenses and imposition of "rela- Platinum Ingots, per Kilo 800,- tively high taxes in good times."

000b, $55,000s.-Reuter. United Press.

Funding Loan, 25%

National War Bands, 21

1043/61

20314

301

1052/54

1054/56

14th Novambor Late Novembor

1051/53

102-7/16 joz-0/16 102.7/32

| Savings Bonds: 1%

1065/60

1000/70

108-3/16 102%

1966/76

3014 Exchequer Benda, 11%. 560 100%

FOREIGN BONDAL

German Loan (Dawn), e to .. Japanese %. 1907/47

736

Japanese B, 192/50、、、、 Jap. B. Manchurian Rly., X, 1928 DANKS:

2T15 20% 17

THE DE LA RAMA STEAMSHIP CO., INC. Remption Blick, B. 1980/96 1375

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 23876–22676

CHINESE SHIPPING OFFICE Tels. 2373820153

THE HO HONG STEAMSHIP

CÓ., (1932) LTD.

m.v. "KAMUNING”.

To SINGAPORE & PENANG

Loading

27th October

Salling

28th October

1.5. "HONG SIANG”

TO SINGAPORE, PENANG & RANGOON

Loading

October

Salling

31st October

Subject To Allerat fön Without Notice

For Further Particulars on Freight & Passage Apply:

THE HO HỒNG CÓ. (CHINA) LTD.

40A. Bonham Strand`W.

Tolk' 20127 & 25546

ISBRANDTSEN

Isbrandisen. Company, Inc.

Broad pay.

Hew York

SÀN KANT ? STRAITS • INDIA • #ERSIAN GULP • `MEDITERRA

UZ., & CONTINENT * W. INDIES * B. AMERICA -

STEAMSHIP DIVISION Eng

FROM

"FLYING CLOUDC

Japan vis

Shanghul due Oct. 25.

SAILS FOR --

Manila, Kehsichang. „Bingspore, Bombay,

Karachi, Aden, Djibouti, Port Baid, Alcxandria,

Beirut, Genos, New York, Norfolk Baltimore; • Thiladelpitia,

has accommodation for, & Cabin passengers to 6188400 cashie

A. P. PATTISON & CO.

AGENTS, CHINA, FORMOSA, & HONGKONG CHARTERED BANK BUILDINGL, TEL. #8116. 20dolinught Blond, Cit Tallagash, CHINESR JHIFTING OFFLON:

Chartered Bank of 1.A. A. 12 Mans Kong & Shanghal Bank 114 Mercile Bank of India "A" 21 CHINESS EXTERNAL LOANS: Tleatin-Pokow tailway, B. 10 |Long-Twing+U-TIm} [6]y», 5%, 1918. 10 Reory. Lown, B. Lon. Isus, 1pia is Drip Loan, 6%. 1912 ...... Hinkang Nallways, 5%. 101t. Hlonan Hallway, BEL, 1905 Shahabad Nanking Rira, 1.. Kowloon Canton Railwayn, 8%.

Sterling Bonds

Eastern

18

10

11

NY RUBBER

Crude

New York, October, 20.

rubber was. 18 to 201

BRITAIN MAY GO SHORT

Buenos Aires, October 20. Trade sources reported today' lower with sales..of 35 contracts. that Argentina has "oversold" ber December 21.00; March 31.85 1948 exportable heat surplus and strong possibility that Spot No. 1 ribbed smoked sheets there is Reuter. 22% nominal, Associated Press, sha-will not be able to meet the

commilment

tons for of 400,000 Britain,

About 200,000 tons remain to be shipped to Britain before the end of next February under the terms of the agreement.

Australian

.03.

STEAMSHIP COMPANY: LIMITED

S.S. "NANKIN " Loading first week In November

WELLINGTON & AUCKLAND

via

MANILA, RABAUL, BRISBANE, SYDNEY and MELBOURNE.

Wing On 171..)

5.

Wo. Powell, til. 18m. MISCELLANEOUS1,

Chi Ebtertaintments 40%. I.K. Constructians (Old) Bn.

(New) ‚IA. Vibrum (014, 15.

(Now) 205. Marman Investmente 18/9, Harman (LK.) 18. Shanghal Loan (9 COTTONS:

HUDDERS, ETC, COMPANIES)

‚'Anglo-Javna. É3⁄41⁄2 7.

Cheng Bubbers 20n. Consolidated Rubbers 2%. Kota Babru 20. Fadan Rubbers in. Rubber Trasta, Un.

·Bamagags, Rubbers 1.100. Shanghal Pahang In. Tutsak Merah”.00h; Tehong Rubbers 35n. Zlangbe Rubbera $1.

DIED FROM AN OVERDOSE

+

Swansea, October 19. A verdict that Bir Arthur Whit- The sources said, however, that ton Brown, who, with the late Sir shipments are already running John Alcock, was the first mab behind schedule and might fall to fly the Atlantic, died from as- short of the contract by as much phyxia after an overdose of bar- 100,000 tons. Associated blone, accidentally self-adminis- tered, was returned by a jurỳ here. today.

He was found, dead in bod: on, October 4.-Router.

Pross

BRITISH MINING

UP TO DATE

London, October 20.

British-mining has mado, an

"enormous advance since bra-

AMERICAN PRESIDENT LINES, LTD.

- Passengers and Freight -

REFRIGERATION— SPECIAL CARGO OIL TANKS---

CARGQUÁIRE-SPECIE Z

TO MANILA

"President Harding". .................tiada compraries

ROUND-THE-WORLD

Oct. 24

VIA MANILA, SINGAPORE, COLOMBO, BOMBAY, KARACHI BUEZ, ALEXANDRIA, MAKSKILLES, GENDA, NAPLES,

NEW YORK AND BOSTON. "President Harding" (calls Bombay)

Dol. 24

To U.S. GULF PORTS via PHILIPPINES and PANAMA

"Frederick Lykes"

Bt. George Bldg.

Nov. 18

Tel. Nov. 28172/28175

Ammertcmm Promeer Line

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

"PIONKER TIDE" "PIONEER DAY" "STAG HOUND"

*PIONEER TIDE" "PIONEER, BAY" "STAG HOUND"

Sailings to Manila

.: Oct. 23

Nov. 15

Nov. 28,

Oct. 24

Nov. 10

Nov. 29

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

-PIONEER SKA"

"PIONEER TIDE"

"FIONEER DAT"

Panama Canal

-Special Cargo Of Tanks-

..Due Oct. 30.

Due Nov. 11

Ile Dec.

For Full Particulars Call

Baill Nov.

Balls, Nov. 18 Bails Dec. 5

UNITED STATES LINES

General Agents

Queen's Building,

-T81 31251 (3 lingo)

KLAVENESS LINE

SAILINGS

DIRECT TO VANCOUVER AND TACOMA

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

Vancouver

21st Oct

M.S. "BOUGAINVILLE"""

ARRIVALS FROM PACIFIC COAST-

..Due

24th Oct.

M.S. "CASTLEVILLE"

14th Oct.

Tacoma

.22nd Oct.

M.S. "ROSEVILLE”

.20th Oct..

.30th Oct

Due Hong Kong..19th Nov.

Vancouver

Tacoma ..

Due Hong Kong 27th Nov,

PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese Freight Agents,

HOO FOOK FING

THE BANE LINE (China) Lid

Applyi

THE BANK LINE

(CHINA) LTD. King's Bullälog. Tel. 27792

BEN LINE STEAMERS LTD.

ARRIVALS

FROM

6.8. "DENMÄCDHUI”

U.K

U.K.

#8th Oct. Ad Nov.

:Mid Doa,

SAILINGS

8.8. "BENNEVIS” 9.8. "BENARTY"

BEIP

Notice To Consignees

S.S.

S.S. "LOKSANG”-

Var days, aix German mining From Calentia/Straits/Salgon

chiets, who spent the last ten days

louring British conlfelds, told a

press conference at the

the London

arrived

| 33th October, 1948.

Cargo 4 ox. Damaged

this headquarters of the National vessel will be surveyed in the Coll :Board, today,

lilah, mining is right up-to-premises of the Hong Kong & date, bald: Dr Wilhelm Holon; Kowloon Whitt, & Godown Co. of Duisher

and far ahead of Ltd. between the hours of 10 German mining. Since we were am and 5 pm. on Thursday, last here before the war, there 21st October, 1948. Consignces has been a great, chango for the are advised to have their Re- better in pafety conditions, condi- presentatives Present during MACKENZIE & CO. on the coal face and in the Survey.

For space please apply MACKINNON

inaintenance and transportation." ---Houter,

Pacific Far East Live, Luc.

Fast

SAN"-FRANCISO0, 108: ANGELE

· Consignees, are:warned that clatma for damago di shortage may pote éceptēd, if the damage in znát surveyed by Mesara. - Goddard à" "Douglas in the presence of Consigr{ços" Representatives at this appoint- ed time.

JARDINE, MATHESON & CO., LTD.

General

BENMACDHUI”

LOADING

Aden, Port Said,

London. Antwerp, Botterdam,

“Hamburg:

Apply

(CHINA) LTD.

Further Pa LOXLEY

Agents

Fork-Build

KÉRTION.ÃO, AND THOM Mácia”.

T.S.S. "MERRY MOLLER”

Leaving Hong Kong

· Dally from Wing:Lot What)

MOLLERS? (HONGKONG), LIMITED