1948-11-20 — Page 12

ROYAL INTEROCEAN

Passenger a

LINES

Freight Sources

JAVA-CHINA-JAPAN SERVICE

Arrivati

from Amoy 7th December.

*THISADANE"

"TASMAN"

In port

“JIBADAK“

"THITJALENGKA"

from Macassar &,Javapórts 20th November. Itum Macassar & Jnvaports 11th Dec.

Ballinge

to Javaports

& Motmusur

Zetli Nov. 5 p.

to Jaynports & Macassar, 9th December, to Javaports

Magussar

3rd February, to Javaports & Macassar

Zara Dec.

ASIA-AFRICA—SOUTĤl AMERICA SERVICE

"TJIKAMPER"

"TEGELBERG"

¿

from

Arrivals

South Africa Erd November. frum

South America

& South Africa

fith December.

from

South America

& South Airten 19th Janity,

Sailings

to South Africa

& South America

15th December.

to South Africa

& South America

14th January.

to South Africa

South America 16th February.

Transhipment cargo on through Ba/L to Dar-Es-Hainam, `

Mombasa, Zanzibar accepted on all sailings.

SUMATRA-MALAYA--CHINA SERVICE

"TASMAN"

**THISADANE'

"VAN RIEMSDIJK"

Arrivala

from B. Deli & 'Straits

20th Novetuber.

Izz great

fton B. Dell & Straits

25th November

Seding

to Swatow and Amoy."

21st November.

to Singapore

26th Nov. p.in.

THE CHINA MAIL, SATURDAY, NOVEMBER 20, 1940.

FINANCE AND

COMMERCE

LITTLE LIKELIHOOD OF PRICE DEFLATION, SAYS BANK

Hong Kong Stock Exchange

London, November 18, The Barclay's Bank review expresses the opinion that there is loss likelihood in the future of wide price deflations, which were used to pro- vido a partial corrective to the historic upward pressure of prices and the depreciation in the purchasing power of money.

European production has re-money circulation and retrenched covered much faster than after the budget to raise sterling against the first world war but nobody the dollar. As a contrast since objective of the | expects a repetition of the 1921 1915, the basic

credit policy has been full em- alump. Again a dull week has to be (Reuters Financial Editor con-ployment and not parity of cur- chronicled and quotations in the ments that Mr. Winston Churchill rency with any external standurdi. main show downward p.| argued the some in the sieci de-i After many months neglect, De-bate).

ferred Indos have come to bust- After 1918, Britain deftated her ness at $255 and there are fur-

ел

ther enquiries. China Lights are now listed

dividend ex rights and this stock is the only one showing appreciation

Jo

SILVER AND

No Doflation Thus no attempt is likely in

the foreseeable future to con-

unke.

price. Hong Kong Banks have been GOLD MARKETS and lays down will be by

tract and definte for Its own

Hard money has lost prestige. Bretton Woods subordinates ex- considerations ternal to internal

that if there is a clash, adjustment LONDON:-Silver,

fine changing Spot

the exchange ounce 45d; Forward

ounce 45d. and not by adjusting the domestic Bar, Gold, per fine ounce 172/3.

purchasing power to a rigid ex- Bar YORK: Silver

lernat standard.

outports, under pressure from

shareholders huvc Apparently forgotten the assurances given the Bank's annual meeting, held at the beginning of this year, that the Bank had already taken steps to fully protect their inter-

ests in China,

HK. GOVT, LOANSI

k Sirails

& B. Dell,

4th December.

4

Agents: HOLLAND-EAST ASIA LINE

"MARIEKERK“

“MOLENKERK"

"MEERKERK“

Arrivata

from Japan Shonghal

20th November,

from Europe

Ard Dec.

from Europe

Ed Dec.

Sailing

to Europe via Monila & Straits

21st November.

to Shanghel, Japan

1 December.

to Europe via Manila

& Straits.

Mid December.

to Europe via

Manila & Siraits, Mid January,

Transhipment cargo on through Da/L accepted to

Mediterranean and Northern European portá Agents: SILVER LINE LTD. '

*SILVERBKIAR"

Arrivals

from US

Sallinge

to U.S.

vio, Pacific Coast, via Adantle port carly Dee.

mid December.

Office Address: King's Ballding. Phones: 28016, 28016 & 28017 Chinese Agents: 82. Connaught Bd.. Tel. 31106 & 21533

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM, U.S. ATLANTIC Coast

VIA TACOMA

s.s. "DONA AURORA”

m.v. "DONA NATI”

In Port 19th Dec,

LOADING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

s.s. "DONA AURORA“

m.v. "DONA NATI””.

Lat 102m.

314 Lean (1954 & 1ping 2008,

* LORA (IDR) 12CH. BANKS,

H.K: & B. Bank 1900h, 1919.

In

(Len. Reg.) £1986, £108. Chartered Bank £IZ-1/1ón, Mercantile Bank A. & 11 Bank of East Asia 14011⁄2D. INSURANCES:

Canton You, kan.

Unison In. 180.

China Underwriters 5.0in.

B.K. Fire Ins. 173a.

DOIPPING:

Douglas 217n.

İLK M, Bienmbasta 17.

Indo Chinne (Pret.) Jon,

(Def.), 240, 2654.

Shells (inter) 18/08,

Union Waterbosta $7lan,

DOCKS, WHARVER, GODOWNS, EI-1

IK. A K. Wharves colly 1306

New) 122.

North Pains Wharren 75.

Sh. Hongkow Wharves Sdn.

I.K. Ducka 20.

Chloe Providetis 21n.

Shanghal Dockyards 18h.

MINING:

Itaub Mines d

H.K. Mine 035.

LANDS,,HOTELS & BUILDINGS,

if.

S. Hotel

13.86

H.K. nnde #7h, GRam.

Shanghal Landi 4igh, 4,671, 4.60/29mm. Humphreys (X. [«) 17m.

(tights) 7.

H.K. Remities 18.

Chinese Estates $70,

PUBLIC UTILITIES:

1.K. Tramwaye düb, 20ban, 20.20/.80cm.

Peak Trang 1000) 21n:

(New) Jin,

Star Ferries 184b

C. Lights (C. All) 23.

. A) (Right) 10. HI.K. Elerides Dis. Meenu Electrion 244 n. Bandakan Lights 16.80n. Talenhunen 21.

Shanghal Gay_&{}%.

INDUSTRIALN7

Cald. Maeg. (Ord.) 28.

Cantun ico 7.

23rd Nov.

21st Dec.

HR. Rapes 2014 m.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Piflippines).

MARINA BOUSE

Tels. 23676-22678

CHINESE SHIPPING OFFICE Tels. 28788-20158

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "KAMBODIA”

Loading 22nd/23rd November

.....for

COLOMBO, ADEN, PORT SAID, ALEXANDRIA, GENOA, TANGIER, CASABLANCA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG,' COPENHAGEN'E GDYNIA? Tanks available for the carriage of oil in balk

S.S. “NIKOBAR”

· Loading about_27th November

'for

ADEN, PORT SAID. TANGIER, CASABLANCA, ANTWERP, ROTTERDAM, HAMBURG," OSLO, GOTHENBURG, COPENHAGEN & GDYNIA

THE EAST ASIATIC CO., LTD:

Queen's Bldg. 2nd floor,

́Tel. `84111 & 84112.

CHINA MERCHANTS S.N. CO.

18- Connaught-Road - Wert.

Telephone:$1853

Cements 39, 40m

STORES AC.T

Dairy Farme (011) 45%

Watson (M) 81⁄4n.

(New) G4%%*.

1. Grawforda, (X, Nts.) Jin,

(leita) 180.

Sinceres BB.

NEW

(asked price) 74-1/4 cts. Dar, Gold, per fine ounce (offietal) $35.

ratz

REVIEW London Stock Exchange

London, November 18.

of South Speculative buying African gold mining shures was the feature today. Non-producers keen demand and re- sharp rises, following corded signs of broadening public in- terest.

Vere

her sections were kille. Government : long dated stucks were markel tracilon=

ally lower on new of €5,900,000 Bo45.

holgala 2% stock at par,

ern

Another Industrial new lasur Burross www poured when the lens of £1,000,000 for the English Sewing Cation Company wha honvily oversubscribed today, Indus deflation trial shares were generally wendy. TranTE- partial recŇTELY

Previously monetary sometines Interrupted the secular el abates showed BOMBAY Silver, Rendy, per trend towards rising prices ander their recent heavy losses, e 100 wins Rupees 175, Annas 12, depreciation In the purchasing Interest ulls was concentrated Forward per 100 tolas 175, 15; Mar power of money, but this post-war veten sit concessions. These shares wori funofficial) 176, 00; Gold, denonetary philosophy and political Ivered, per fola 113, 03; Forward budgeting will make such inter- (unoMcial) 112, 11; Gold. Sover-ruption rarer Reuter. eign 75, 08. One tola is equal to 3/8th of an ounce.

BANGKOK-Gold, Eat,

INDIAN TRADING WITH JAPAN

buht- weight of 15.244 Grammes un- quoted. Exchange Rate (Selling). Bangkok on New York T.T. 19.70, London 60.20, Hong Kong 3.75.

New Delhi, November 18. PARIS FREE COLD PRICES:-

The Government of India today. Napoleon Frs. 3,850, French frane coins 2,860, Swiss franc urged traders to take early ad-

of jvantage

high priority 5.840, Union Laline 6,425, Sover given to India on Japanese in eigt 7,175, Half Sovereign 3,379.dustrial production.

10

the

US. 20 Coin 26,400, U.S. $ 10 Coin 14.000, Sovereign (in freeing a sterling area

An announcement cancer-

U.S.

trade agree-

advanced by 3/10 st #%%th on peralatent rumours that the Royal Dutch Company may make aft efter 15 minority abaze bubler.

Chinese loade Among foreign bonds. met with scattered selling and declined by was painta. German potash İçe were quietly supported.

RECURITIES:

B

British Consola, 25% Conversion Lean, 3%, 1901 136-7/18 Funding Lown, 4% 2900/90 118-9/15 193-9/16 105

G., Ireland)

before imperini Tubace Co. (of G.D.

A ireland)

Auto Frontier Ta

$ per ounce) $86.0, Napoleoninrnt with Japan said that firm (in free U.S. $ per ounce) $99.5. orders should be placed US. Dollar Notes (in black-mat-the end of November for items not ket) 475.

requiring in pection on the spot TEA BHARES Paris Free Market Fates and by the end of December. for Asan Conclulated Tea Ingols: Fine Gold Ingots, with the remainder. delivery of counterpart

The announcement noted that Am Tra Company Frs. 224/244. Without India gramme

visits is sponsoring

of her Tea Company counterpart 7424/700,

Silver traders to Japan to enable thent Emp, of ludia & Calon Tea Co. 10/9 Ingots, per Kilo 6,000b, 7,400s; to settle details and place AMINE BUARESI Platinum Ingots, per Kilo 600,- orders, The announcement added Burma Curg. 000b, 155,0005,--Reuter.

China Emporium 9152, 0/10

Ba Co., Ltd. 4m.

Wlog On (8.K.) Bs. Wm. Puweth, lad. In. MISCELLANEOUS,

China Entertainmente

R.

1.8. Constructions" (Ohl) for. -

(Now) Cit

Vibros (Old) 181.

(New) 10.

Markson Investmentá 18/2h.

Mateman (H.K.) 1,504, 2/2.)Dan Shanghai Loan 4. COTTONH:

Ewo 15x

RUBBER, KTC., COMPANIESI

Anglo-Javor disn

Cheng Rubbers Jon.

Consolidateds 21án-

Dominions 2.

Kata Bahros 20.

m

Padang Rubbers In Keblers Trusla Bemagtag 1.10. Bh. hangs 2. Tanah Merah 35 Tebang Rubbers 40%. Zlangle Hobbers 65,

ISBRANDTSEN

Isbrandtzen Company Inc.

26 Broadway.

New York

per

FAM KANT · STRAITS • INDIA ↑ PERSIAN 'QULS • MEDITERRANIAN UK & CONTINENT • W. INDIES • B. AMERICA STEAMSHIP DIVISION

FROM

"FLYING ARROW"

-

SAILS FOR

Shanghai, Taku· Bar, Fusan, Yokohama, due Nov. 25 Nov. 26

New York

vin Manila

A. P. PATTISON & CO.

GENERAL AGENTS: CHINA, FORMOSA, KOREA JAPAN, &

HONGKONG

CHARTERED BANK BUILDING. * TEL:: 25346

CHINESE SUIFPING OFFICE:"

20 Connaught Road, C. Tat. 24039.

AMERICAN. PRESIDENT LINES New York via Panama Trans-Pacific-Round the World

Refrigeration Special Cargo Oil Tanks

Cargocaire

Specie Strongroom

61. George's Bldg.

Tel. Nox. 2811E /28175

Ammerteam Pioneer Line

Arrivals from New York, Boston,

Other Atlantic Ports via Panama

*PIONERE. BAY“

"STAG HOUND"

"PIONEER BAX" "STAĠ `HOUND"

Sallings to Manila

Nov. 20 Nov. 30

Nov. 21

Dec. 1

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

Panama Canal -Special Cargo Oil Tanka- "PIONEER BAT” ....................................... Dae Dec. 1 "STAGHOUND"

Due Dec. 17 "GREEN DAY VICTORY"......Due Dec 30

For Full Particntara. Cal

* Fails Dec. Balls Dec. 18 Salts Dec. 31

War Loan. 16, 192

War Loan),

Vietney Honda, 45%

115

INDUSTRIALBI

Bellish American Tobacco (of

*

perial Chemical Indust. ord.

/

G-21/32

UNITED STATES LINES

21/0

16/3.

22/0

Company

27/0

Queen's Building,

#7/8

5/-

8

5.3/10

4

1/3

207/

3.15/26

Imperial Tea Company

that the agreement "envisages"| Crown Mien spo

aports by India from Japan of Hundy droog Mies US$201,300,000 and exports by In. Rand Miner din to Japan of US$17,000,000.- Spring Mines Associated Press.

Money Market

Sub Nigels

Taro Tiu Co. Unlon Carperadon QIL SHARES: Biral Dutch Cu

Shell Trapport & Trading Co. BRIPPING,

Gold dropped to HK$299.75 1. & 0. Steam Navir, Co., ord. 65/- fael yesterday but at the close of GILTEDGED:

the market it recovered to $802 Funding loan, 85% which was the same as the open-National War inte, 24% ing Later

1949/51

1232/64

U.S. dollars dropped further 1524/08

103-11/10

101

10%

10 HK$5.19, but improved to $5.2015. In the, afternova..

20234

10G1/03

102-0/10

Gold Yuan was quoted at 25 end 243 cents. Remittances to Canton varied between 21 and

Savings_Beads.81% 1.

1925/65

104-1/19

1960/70 1403/78

101-3/18

107-5/14

223 cents. Shanghai remittances Exchequer de, 1, 1990 100-21/22 opened at 155 cents, went up to Redemption Black, 5, 1986/99 109 18 cents and dropped back to 1834 German Lean (Dawee)

.cents.

I FOREIGN BONDA:

Japanese A6, 1987/17 Plastres opened at HK$0.08 zanese 867. 1914/59 100 and closed at $0.6) 4.

Ticals were quoted at HK$20.30 100

NEL Guilders went up to HK$35 a 100, after opening at $34.05 in the

morning..

Sterling made a big climb to HK$15, the highest for the last six months.

Australian pounds were quoted at 11$12.50.

NOTICE, TO CONSIGNEES HOLDING

P. & O., B.. L & E. & A. BILLS OF LADING

7%

30

29

Jap. R. Matchurian By, CA, 1929 185 BANKRI

Chartered Bank of LA. & C. 12-1/26 Hon Hunt & Shanghai aak 106

D

untile Bank of India "A" 21% CHINESE EXTERNAL LOANS Tienselt-Pukow Railway, Br Lung-Twing«U«I»! Ilye: 65%, 3013

arg, L. B. Lon. Eme, 2013 12 Crisp Lown, Wà, 1912 Hukung Railwaón. 51%, 1015.. Hour Railway, 5%, 2905 Shanghal Nanking itiys., 15.. Kewin Canton Railware, Bk.

Blerling Bonda

Tol 81251 (8 lines)

BEND LINE

THE

BEN?

-9.9-BENNEVIS" 8,8 "BENARTY"

8.8. "BENLOMOND" 6.8, "BENVRACKIE”

SHIP

*5.8. "BENARTY" · 8.5, "BENNEVIF" S.S. "BENVRACKIE" 8.8. "BENLOMOND"

* Calls at Gonom.

1

PAN FAST

ARRIVALS

FROM

DUR

“Late Nov.

UK.

Early Dec.

U.K

UK

SAILINGS

то

Aden, Fort Said,

London, Antwerp, Rotterdam,

Hamborg

For Further Particulars, Apply To-

End Deo, Mid Jan.

LOADING

Mid Dee.

End. Deo,

Mid Jan.

End Jan.

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

**

*

Fork Building

P

11

Agents

Telephone: 3416).

Notice To Consignees KLAVENESS LINE

M/V "IRARAN"

Megars." Goddard & Douglas will atṛend at 10 am, on Mon. days and Thursdays within the having arrived Hong Kong free storage period to survey consignees of cargo are heroby. damaged cargo, and consignees notified that all goods have are requested `to`hayo "thub been landed and placed at their representatives present. Unless risk and expense into the go- consignees representatives are downs of the Hong Kong and present at the Survey no claims Kowloon Wharf and Godown can thereafter be admitted.

Co., Ltd., where delivery may be obtained ys soon as the MACKINNON, MACKENZIE goods are landed.

Agents

& CO

P. & O., 8. N. Ca. B. I. S. N. Co, Ltd. E. & A. 9.8. Co. Ltd.

Pacific Far East Live, Juc.

Fast Regular Trans-Pacific Service

OVERLAND

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

TENTATIVE 'BAN FRANCISCO/109 : ANGELES TO HONG KONG SCHEDULAM,

S.S: “HAI HSIA” Singapore

SAILINGS

S.S. "HAI TAI” Haiphong

Nov. 22 S.S. "TIEN SHAN” Tsam Kong, Holkow

Pakhol Nov. 22 Nov. 277

HAM - FRANCISCO,' LOS ANGELES.

Balla Bag Frambo

4' dkyn' alive” Ali uteško ** days after. She strik

(With Passenger Accommodation) Cargo for Ting-Teo, tansow a Tientaln

on through bills of Tading,

For full particulars please apply to the above.

For

****INDIAN" BERI” BELTINGA DRAGON"

Arriris Elang · Kong

'21 days later' 33° daza-Jaler

KDKWMTATIVE ›KONG {moko "ed dat IrsastoincOMOS ANGELES SCELEDULE AS

B: days after; the zigťka,

days after sho: afrika

“CITINA÷SBAR”

"JOPLIN: VICTORY"

** ERRFIGERATION DE DBY, DAB particulara call General Ageais, UNI

Argivm ¡San, Francisco

days later

No claims will be admitted after the goods have left the godowns.

All broken, chafed and dami- aged goods are to be left in the godown where they will be examined in the presence_ni Messrs. Goddard and Douglas. on November 23, 1048 at 10

a.m.

To comply with the General;

SAILINGS

DIRECT TO VANCOUVER AND TACOMA

Loading

m.s. "CASTLEVILLE”

ARRIVALS FROM PACIFIC COAST

Arriving

M.S. "CASTLEVILLE" M.S. ROSEVILLE!

..3rd: Dec. 24th Doc. PASSENGER ACCOMMODATION. BULK OIL TANKS

Chinese, Freight" igents.

HOO FOOK PING THE BANK LINE (China) Lod

Apply Aus THE BANK LINE **(CHINA) LTD. ANY King's Building. Tel. 87799

FASTEST DAILE BÉRVICE TO AND FROM MAVAU,

Bonded Warehouse Regulations, T.S.S. "MERRY MOLLER”

consigncos must have a How venue Officer in attendance' when examining damaged duff-

| obla" goods, "All claims against the vessel must be presented to the Undersigned • within fourteen "days"ɗf the ship's_ar- riyal, or they will not be re- cognised.

Nofife insurance will be effected.

WALLEM & Co.

Agonté.

Thlephone: 34177-9.

Leaving Hong Ko

· Leaving MacaM.

Fally, from yiur Lak Tikwel 2.00 pm: Danr

Thaos subfort- to niścrattog - without, noties

MOLLERS

(HONGKONG) LIMITED