1948-11-05 — Page 12

THE CHINA MAIL, FRIDAY, · NOVEMBER 3, 1940.

ROYAL

INTEROCEAN

LINES

Besorger and Freight Burd

JAVA-CHINA-JAPAN SERVICE

“TJITJALENGKA"

"TJISADANE"

*TASMAN"

*TJIBADAK"

Arrivall

from Mattia & Ainny.

8th November.

from Macassar

& Javapurte 13th November

ftum Amoy 7th December.

from Macusdr

A fovaports 280 November.

kallings

to Javapörts

& Macassy"

10th November.

5 m,

to Javaports

& Macassur

26th November.

to Javaports

& Macassar,

mth December.

to Javnports

& Macassar ard February.

ASIA-AFRICA-SOUTH AMERICA SERVICE

'BOISSEVAINTM

TJIBODAS

"TJIKAMPER"

TEGELBERG“

Arrivals

In port

from

South Amerlen

& South Africa 5th November, from

South Africa 26th November. from

South America

& South Afrlen 50th November.

Baillon

to Bouth Africa

& South America

via Manila, Stralis

& Mombasa,

13th November.

to Shanghai

and Japan

8th November.

to South Africa

& South America

1th December.

to South Africa

& 'South America

14th January.

Transhipment cargo on through Bs/L to Dar-Ex-BalaJA TIR.

Mombasa, Zanzibar sccepted on all mailings,

SUMATRA-MALAYA—CHINA SERVICE

"VAN BEUTSZ"

"TASMAN"

"VAN RIEMSDIJK“

Arrivata

from B. Dell

& Straits

5th November from B. Dell & 'Straits

21st November, from B. Dell & Stralis

27th November.

Sailfige

to Swalow & Amoy

7th November.

to Swatow and Amoy

22nd November,

to Straits & B. Deli,

9th December,

Agents: HOLLAND-EAST ASIA LINE

Arrivals

from Japan Shanghai 2011 Nov.

from Europe

"MARIERERK"

"MOLENKERK”

..."

3rd Dec.

from Europe

Etki Dac.

"MEERKERK"

Ballings

to Europe via

Manila & Straitə

22nd November,

to Europe via Manila

& Strults.

Mid December.

to Europe via

Manila & Straits, Mid January.

Transhipment cargo on through Ba/L accepted to

Mediterranean and Northern European porta,

Agents: SILVER LINE LTD.

"SILVERBRIAR"

Arrivals

from U.S

Sailing

tu U.S.

via Parific Coast via Atlantic ports enrly Dee.

mld December.

Office Addrem; King's Buliding, Phones: 25015, 28010 & 28017

Tel. 31396 & 21533 Chinese Agenta: 82, Connaught Ra..

DE LA RAMA LINES

EXPRESS CARCO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST

m.v. "HALLAND”

VIA TACOMA

12th November

LOADING FOR U.S. ATLANTIC COAST

ARMING VIA LOS ANGELES

s.s. "DONA AURORA“

m.v. "BRYNJE”

21st November Late Novembor

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tel. 28076-22675

CHINESE SHIPPING OFFICE

Tels. 28788—20163 |

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

5.5. "HONG SIANG"

To SINGAPORE, PENANG & RANGOON

Loading

6th November

WA

Sailing

7th November

1

Subject To Altoration Without Notice

For Further Particulars on Freight & Passage Apply:

THE HO HONG CO. (CHINA) LTD.

18A, Bonham Strand W.

Telk 20127 $1,25548

THE EAST ASIATIC CO., LTD.

M.S.

OF COPENHAGEN

“KAMBODIA

Loading about 17th November

·COLOMBO, ADEN, PORT SUDAN, PORT SAID, ALEXANDRIA, GENOA” TANGIER, CASABLANCA, ANTWERP, ROTTERDAM. HAMBURG, OSLO, GOTHENBURG,

IS COPENHAGEN & GDYNIA Tanks avaliable for the carriage of oil in bulk

THE EAST ASIATIC CO., LTD.

Aid 2nd floor

FINANCE AND

COMMERCE

STOCK EXCHANGE REACTION TO TRUMAN VICTORY IN ELECTION

Hong Kong Stock Exchange

(By Sydney Gempelt, Reuters Financial Editor)

London, November 3.

Losses of one to four dollars in U.S. socurities on the London Stock Exchange this morning wore in anticipation of Wall Street later today register ing disappointment with the election results. Yesterday, they had risen in London on expectation of further Wall Street firmness after, the ex- pected Republican victory,

Canadian securities in Lon-

don fell fractionally but British

in

securities were firm, led

The market was slightly more active yesterday. especially

HK. Docks and China Lights.

H.K. GOVT. LOANS;

47%. · Lown 101% n.

Wow (1984 & 1940) 100m.

1

Interrel

DANKS:

by gill-edged, since the election is affect not thought likely to Britain

Europe. It or thought more likely to affect

is

(194; 301 am, 100mm plus China, since the Republicans

15. B. Dunk 19909, 1995/200Dem. (Lon Tex.) 2114

Chartered Bank £11, Mercantile Bank A. 11, £21%. Bank of Fast Aalu 1405.

INSURANCES.

Canton Ina, DHÔN

$.90€

Union Ins. 182148, 780an. Chha Underwriter H.K. Pie lan. 2000.

SKIPPING:

Dougieses 237

HK. M. Steamboats 57%.

1 Chines (1'ret.) Dan.

(Del.) 200

Shell Bear) 70/71% m Elon Waterboats 371⁄2n.

DOCKA, WILARVER, GODOwns, Etei

ILK. & R. Wharven (Old) – 139%,

(New) 1865.

North Paint Wharven Tia

H.K, Ducks 2012, 2016/30/% on

Chinn Providenta 12.30%.

Bhanghai Dockyarda 105, 10am.

MINING1

Raul Mines ütün

H.K. Mino Div.

LANDS, BOTELS & BUILDINGS:

11. & 8. Hotels IGn.

1.K. Lands 154, 2410

Shanghai Latila 0.20. Humphreys (X, Sita.) 173⁄41⁄4m.

(km) 7.15

H.K. Reitor 18n.

Chinese Estates 170n. Hanke Wharvos ` 34n.

PUBLIC UTILITIES:

IK. Tray» 20.80, Peak Tram (Old) 21n.

(New) itu.

had made some promises to China,

It is believed that the Demo- cratic Congress will be more in- clined to continue Secretary Mar- shall's policy of priority for Europe,

Talks On Shipping Strike

San Francisco, November 4.

The Federal Conciliation

London Stock Exchange

London, November 3. United States stocks fell sharp-

London Stock ly on the

Ex- change today. News of the trend of the elections resulted in losses up to four dollára.

Elsewhere, evmeštians were generally Arra. The new arrbugt made pr mising start with wall pain in most sectloga. Cement and rosul construction shares were marked higher on news of

■ Government plan to billd motor român. Tabaceos and textile were su demand buy the run and steel market was som

Dear what irrescatar ix. quiet tradina. covering Related Government The United States election is Service today sought to renew

Going up to were widespread. between struck

The all section showed som hesitancy regarded as mainly of domestic,negotiations United States interest,

Pacific Coast ship owners and the start of dealings but later de CIO Radio Operatorneloped an orcalonal firmos, Foreign

bonda and its remained featurele.

Smal insulte from local, upletare

Afrien ceriais Bouth

Union.

The Johannesburg Stock Ex- the change may slightly benefit since Johannesburg was previously. nervous on the theory that Dewey might take 50 strong an attitude to Russia as to intensity the in- ternational crisis.

1

City Delighted

The city of London natural-

group SECURITIES:

100-

On the heels of inst week's sided settlement between employers and producers in the mining section. There the CIO Marine Engineers Bene-} appears to be a revival in the Pioneer Actal Association--one ot live striting unions who have tled

| up, firitish Console, 1140% ... 78% West Coast for two months Conversion Loan, 34% 1961 105

Omur Federal coneillator,

Funding Loan, 4%, 1960/90 that

he was war Loan, %, 1952

the the Haskins, announced

ly welcomes the defeat of sevwaving further informai iniks War Loan, 1%

erat Isolationlati In the House and Senate and change in some with the radio operators. The Victory Bonds, 4 MON INDUSTRIALS: Committee chairmanships, which radio operators are actually not British American Tobacco for

аге observing obstructed ERP appropriations on strike, but

With

G.B.Ireland)

Inserial Chemical Industries

ärd.....

Imperial Tobacco Co. (ut G.D.

*Ireland)

TEA SHARES:

a Democratic Prezident picket lines, which have the same

'was com as well as a Democratie Congress, result. Their position

the pending NLRV the world will avoid, firstly, an pleated by Interregnum which would other jurisdictional elections over their wire occur until the new Presi-squabble with the rival AFL

Assam Consolidated Tes deni took office, next Jamiary. union.

Assam Frontier Tea Secondly, the distractions of Mr. Hookins, Bald

he would Assam Ten Co. the past two years

when the try to get a third union, the Doors Tea Co. President and Congress were of independent Marine. Fireman, to different parties.

come to terma with the ship-| owners in an agreement almilar to that aloned tast week with 01 BHARES the engineers. Any such leave two

Thirdly, the reshuffling of holders from ambassadors office down to postmasters, which oc-

when curs

the United States presidency changes party.

3

118%

200

10414

110

64

AMERICAN PRESIDENT LINES New York via Panama Trnus-Pacific-lound the World

REFRIGERATION SPECIAL CARGO OIL TANKS

CARGOCAIRE

SPECIE STRONGROOM

St. George's Bldg.

Tel. Nos. 28172 /28175

Amertoum Promeer Line

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

"PIONEER BAY"

"STAG HOUND"

"PIONEER BAY" "STAG HOUND""

Sailings to Manila

Nov. 15

Nov. 28.

Nor, 16

Nov. 20

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

"PIONEER TIDE" "PIONEER BAY"

"STAGHOUND"

Panama Canal

---Special Cargo Oil Tanks-

Due Nov. 13

Duo Dec. Due Dec. 17

For Full Particulars Cab

Sails Nov, 14 Sally Dec.

Sails Dec. 18

21/0

24/0

20/2

Emp. of India & Ceylon Tra

10/0 20/%

UNITED STATES LINĖS

104

8-35/32

Queen's Building,

Imperial Ten Ca

DOSTOES Would till SHIPPING:

Royal Dutch Co. ** 204 #bell Transport Trading Co. Left Wing & O. Steam Narig, Cu, ord, Viole unions, CIO

Longshoremen's GILTEDGED: Union and Marine Cooks and Funding Low, 1% Some suggest that the U.S. re- Stewards barring the way to National War Bondr. 24t 10/142: (New) (P. Pd.) 2. ut may mark the end of the complete setüemont of the costly

widespread tendency to throw out | tie-up.-United Press.

administrations, which

Star Farzica 254%b.

C. Light (Old) 28.408, 28.70, 23,80/

12.50% (New) (P. Pit.) 183⁄41⁄2m.

ILK. Electrica 2016, 16ZAR,

Macau Eerica

Rán.

Bandakan Lights 18.80.

Telophazen S5

Shanghai. Gae #n

INDUSTRIALB :

Cold, Marz, Ord.) 274b.

Canton Jees Th.

Ceminie 40ýl.' 43nu.

H.K. Rope 2014m. STORES &c.

Dairy Farms (Old) 47.

(New) (54.

<>

Watson (Old) in.

++

(New) 671. la-Crawford-(2, Him)-Ala..

(Right) 18.

Sincere

Chi Emporium 9. Sun Co., Ltal. Cân Kwon Sope Hong 156m. Wing On (K) Sin,

Wm. Powell. d. lim. MISCELLANEOUS

China Entertainmenta 354b JL.K. Constructions (Okt) Sn.

(New) 4.

Vibros (018) 17.

(New) 12. Maraman, Investments 13/in. Maraman (HK) 146,

Shanghai Lan

COTTONAL

Ewo 19.30, 19/19.20.

RUBBER, ETC. COMPANIES:

Anglo-Javas n.

Cheng Rubber 30

Consolidated Rubbers 24. Dominion Rubber In.

Kota Bahrom 20. Padang Rubbers“ ta. Rubber Trusts 15, Bamazara Rubbers 1.10n,

Shanhai Pahang 21.

Tanah Merah 80. Tabong Kubbers .550, Zlangbe Itubers in.

Money Market

Gold Yuan dropped yesterday to 32 cents after opening in the moming at 43 cents.

Canton remittances dropped to 30% conia and Shanghai remit tances to 30 cents.

Doarer Money

wartime affected among others, the South African elections this year, the U.S. Congressional elections r 1948 and the British eicctions in 1945.

The U.S. result strengthens ex- pectations of dearer money.

was

The mere fact that the alac- tion is over and that the rea ponalblilty (which

pre viously provisione!) is now fix- ed for the next four years, may enable the United States polity of Internal credit Inflation to be reconsidered.

Any change In that policy might have large disinflationary effects on the money markets and some commodity markets through- out the world-Reuter.

SILVER AND

US Aid Plan "Stinks"

1247/81

1002/54

1054/55

196)/$1

Bavings Bonds, 15%:

1008/05

1000/10

1985/75

+

105

100-15/10 1025 1024 101-6/16

103

1024 101

Exchequer Bondr, 1%. 1950,- 100-23/34 Itadumption Stock, 1, 1985/08 9951 FOREIGN DONDS: New York, November 3. '.

German Loan (Dawes) Joseph W. Frazer, President Japanese 5%. 1907/47

of Kalzer-Frazer Corporation. Japanese 0% 1924/69 declared today that, as a busi- Jap. S. Manchurian Hily.. 6%, 19 ness operation, the Marshall BANRE

Plan "stinks."

Mr Frazer returned after six-week tour of Europe.

1

2735

173

11%

Chartered Bank of I.A. & F.K. Danking Corpn. 1 Mercantile Bank of India "A" *1# CHINESE EXTERNAL LOANS Tientsin-Pukow Railway, Longing-U-Ha! Klys,, 6%, 1913 busi-Beorg. Lown. 5, Lon. Issue. 1918 1

"The 'Marshall Plan as milit. ary expediency may be all right," he said, "but as a tiess project it stinks.

Crisp Low, 35%. 1913 ........ "The plan may

be feedingkuang Hallways, %. 1011.. Hunan Reliway. %. 1905.... people temporartly, but we can' Kowloon Caton Ballways, 8%. keep this up indefinitely.

19

"Europe's greatest need stabülsed vurrency. Europe is suffering from not enough pro-

GOLD MARKETS ductive labour.. People are em-

London: Bliver: Spot fino ounco 45d, Forward 15/4d; Bar, Gold, per fine ounce .172/3.

New York: Silver, Bar (asked price) 74% cts; Bar, Gold, per fine ounce (official) $35.

played but not ut jobs."-Uniteet Press.

productive

BRITON APPEALS IN JERUSALEM

Jerusalem, November 3.

Bierling. Bands

+

0

I

-itoor.

HEAVY TONE ON

WALL STREET

New York, November, 3. Rallying efforts on Wall Street much today failed to attract

The appeal opened here today follow-through buying and prices Bombay-Silver: Ready, Der before the Israel Supreme Court fluctuated narrowly at or around 100 tolas Rupees 174, Annos 14 of Frederick William Sylvester, a the day's worst, with the volume Forward 1765, 00; Marwari (un-British employee of the Jerusa-at the end of the fourth hour at oficial) 175, 08. Gold: delivered, lem Electrie Corporation, who 2,070,000. per tola 113, 12; Forward (un-

main body still showed by Jerusalem i was convicted

The oficial) 113,-00; Sovereign 78, 04. District Court on October 8 for losses up to five points with sord (One tola is equal to th of an passing military information to high-priced issues, showing larger Founce.)

Iraci's "enemy" and was sen- declines. The noon averages werd Buenos Alrax-Sovereign, buy--tenced to seven years Imprison- unavailable owing to the dificult ers 152.00, sellers 162,00; U.S. ment

market Eagles, 245.00b, 285.00я; Gold, Bar,, per Gramme, buyers un- quoted, 15.10.

baht

Sylvester's defence lawyer con-}· selective rally developed in tended that the original charges late trading, mostly among lead- were "bad" in that the Israel ing Industrials and specialities, Attorney-General- - used · · vague which resulted in' same "reduction wording in the indictment. Tho. hearing is likely to concluded tomorrow-Reuter.

RANK WORKERS GO BACK

in earlier losses, but elsewhere belittle recuperation was evident The market closed heavy-Beu- ter.

NY RUBBER

Bangkok Gold, Bar, weight of 15.244 Grammes un- quoted. Exchange Bate (Selling) Bangkok on Now York TT. 1975, London 00.00, Hong Kong -3.75.

Free Parin

Gold Prices Gold was steady, opening at Napoleon 3,450 Frs,; French HK$305,50 a tael and closing ut franc coins 2,010; Swiss franc

London, November 3.

New York, November, 4. $900.25. Shortly after the opening 5,275; Union Latino 5,175; Gover it went up to $307.25 but cased algn, 6,000; Half Sovereign 3,160;

Seventeen: hundred film wudicerai Crude, rubber standard futures off again..

WiFi, DiS. § 20 ̊Cółą, 20,000; US. $

tree at the Dephant Studies, who bave closed 35 to 50 lower with sales of Coin 13,100; Sovereign (In dollars opened at HK$8.20 U.S.

December and closed half a cent higher US per ounce) $87.0 Napoleon been stalking in protest against 368 contrpets,

20.20 bid 19.05 Plastres opened at HK$10.15 (in freo US $ per ounce) 192.9; disal of 92 fellow em-

ployees, tonight decided to return: March

19.70 bld 100, dropped to $10.12, and US Dollar notes (iri black

May closed at $10.13%

(market) 400, 104,

Crude Ticals dropped 10 cents to Paris Free Market Rates-in-the strikers representatives had closed 20 to 40 lower with sales of HK$25.00 a 100.

gots: Fine Gold ingots, with de- spoken with officials of the Rank 987 contracts.

March NEI Guilders were also enster,livery of counterpart per grama organisation which owns the Den-

**Without" counter ham Studios: **

May opening at HK$35, and closing dt | 234/244 Frag HK$34.80 & 100:

part 722447740; Sliver ingots, per

July Sterling was Ariner at HK$13.80. Kilo 44000, 7,400s; Platinum in- and Australian ptiunde regat, per: Kilo 000,000b; 055,0005.

Reuter. cent higher at IIK$12.62.

Tel. 84111 & 34112.

For full parti

to work unconditionally tomorrow. The decision was taken after

rubber No. 1 futures.

20.15

20.15

Earlier today, Mr. J. Arthur

20:20 bid Rank had refused to open nego- No: 1 ribbed smoked abooti tations until the strikers returned 20 1/2 norminal Associatell to work-Router.

Press,

Facific Far East Line, Luc.

Fast Bozular Trans-Pacific Service

OVERLAND

NEW YORK-CHICAGO DETROIT

"MONTREÁL "AND" "ALL AHERICAN`A UANADIAN CITIES.

OIL TANKS LINES CO, Queen's

SHIP HITS MINE

Copenhagen, November 3. The crew of the Danish ship Oregon (10,805 tons escaped un Burt when the Vetsol struck m mine in the North Sea about 00 mlles from Sweden today, the owners, the United Shipping Com [pany, fiuntainted, rep

A Router, message from Ham burg, which reported tugs going Withe Creion's aid, calf that she was not perlously derisa grock ›, misch could be taken to Minden, to which sho was carrying 8,000, tons of AD

Company

TOL 91251 (3 lines)

BEN LINE

SHIP

6.8. "BENNEVIS“ B.S.-"BENARTY”.

8.6. "BENVRACKIE" B.S. "BENLOMOND"

A

DUB

Late Nov. Early-Doc. End Dec. Mid Jan.

LOADING

ARRIVALS

FROM

U.K."

-UK.

U.K.

U.H..

SAILINGS

SUIP

TO

Allen, Port Said,

·Mid Dec.

London, Antwerp,

End Deo.

Rotterdam,

Mid Jan.

End. Jan.

}

*8.8. "BENARTY" 8.6. "BENNEVIS" 8.8. "BENVRACKIE“ 8.5. "BENLOMOND"

* Calls at Genoa.

Hamburg

Fur Further Particulars, Apply, Torr. ·

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

Tork Building

Agents

Telephone: 34165.

KLAVENESS LINE

MAR

SAILINGS

DIRECT TO VANCOUVER AND TACOMA

Loading m.6. "CASTLEVILLE”

18th Dec. ARRIVALS FROM PACIFIC COAST

M.S. "CASTLEVILLE”

.Due MS. "ROSEVILLE”

FARRENGER ACCOMMODATION BULE OIL TANKS

Chinese Freight "Agenta,

a Applyta juga

HOO-FOOK FING

THE BANK LINE (China) Ltd.

Bue

28th Nov.

*Dec.

THE BANK LINE (CHINA) LTD. King's Küfältig. Ens Skyt

WASTEST DAILY - SERVICE

AND FROM MAÇAN

T.S.S.MERRY MOLLER”

Leaving Hong Kong 8.30 am Learing Mac

Tinies subject to alteration "with

MOLLERS (HONGKONG) LIMITED

WONG KONG