1948-11-25 — Page 12

Page 13 "m

OVAL INTEROCEAN LINES

Pisanget-and Freight Sources

Incorporated in the Mechailash

JAVA-CHINA-JAPAN, SERVICE

"TJISADANE"

"TASMAN"

"TJIHADAK"

"TJITJALENGKA"

Arrivala

In part

from Amoy

& Hwntow

2016 November.

from Macassar

A Javaports 27th November, from Macassar & Javaports. 11th Dec.

Sailings

to Javaporta

de Mncassur

20th Nov. 5 p.m.

to Manila, Amoy

27

November.

to Javaports

& Macassar, 8th December.

to Javaports

A Macassar 3rd February.

to Javaporta

& Macassar 23rd Dec..

ASIA-AFRICA-SOUTH AMERICA SERVICE

"TJIKAMPEK"

"TEGELBERG"

"RUYS"

"STRAAT MALARKA"

Arrivals

from Japan

* Shanghai

1 Dec.

from

South America

& Seulh Africa

5th December.

from

South America & South Afren 12th January.

South Amerhea

South Africa, 23rd February.

Sailings

to South Africa & South America

15th December,

to South Africa

& South America

14th January.

to South Afrien

& South Amerien

15th Fettuary.

to South Afrien

& Sugih America, 15th Mareli.

Transhipment cargo on through Bs/L to Dar-En-Sx}aum,

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

Arrivals

from B. Dell

*THISADANK*

In part

"VAN RIEMSONK”

& Straits

"TASMAN"

20th Nov.

Trop Amoy

5th Deevriiber.

Sailings

to Singapore

20th Nov, m.

to Straits

&B. Dell,

4th December,

to Shirupor

8th December

Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK"

Arrivals

from Europe

3rd Dec.

"EERKERK”

from Europe

tarly Jan.

"RINKERK"

from Europe

End January.

Sallinga

to Shanghai, Japan 7th December

to Europe via Manito

& Straits.

Mid December.

to Europe vla

Moolla & Straits,

Mid Jonunty,

to Europe whi Muulla & Straits, Mid February,

Transhipment cargo on through. Ba/L accopted to

Mediterranean and Northern European porta.

Agents: SILVER LINE LTD.

"SILVERBRIAR"

Arrivals

from US

Sallings

to U.S.

via Parific Coast vin Atlantic ports 17th December, 18th December.

Office:Address; King's Building, Phones: 28015, 28010 & 28017

Chinese Arents: $2, Connaught Rd.,

14.124

Tel. 31106 & 71533

DE LA RAMA LINES

EXPRESS CARGO LINer servicES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST

VIA TACOMA

m.y. "DONA NATI”

m.v. "DONA ANICETA”

m.v.. "TONGHAI”

LOADING FOR U ́s. Atlantic

VIA LOS ANGELES

m.v. "DONA NATI”

m.v. "BENARES”.

m.v. "DONA ANICETA"

19th Dec.

22nd Jan.

27th Jan..

coAST

21st Dec.

8th Jan.

25th Jan,

+

INC.

THE DE LA RAMA STEAMSHIP CO.,

(Incorporated in the Philippines)

MARINA HOUSE

Tel. 28676-22875

CHINESE SHIPPING OFFICE Tels. 28788-20158

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

S.S. "NIKOBAR"

Loading about 27th November

for

ADEN, PORT said, tangiER, CASABLANCA, ANTWERP, KOTTERDAM, HAMBURG, OSLO, GOTHENBURG, COPENHAGEN & GDYNIA

THE EAST ASIATIC CO., LTD.

Queen's Aldg., 2nd: foor.

27677!!!""

Tel. 34111 & 34112

CHINA MERCHANTS S.N. CO.

18 Connaught Road West,

S.S. "HAI TAI

S.S. “HAI HSIA”

Telephone. 31033

SAILINGS

Haiphong Singapore

THE CHINA' MAIL, THURSDAY, NOVEMBER 25, 1948.

FINANCE

AND COMMERCE

FOUR POSSIBLE AMERICAN POLICIES IN CHINA NAMED

Hong Kong Stock Exchange

There was some activity in Electrics and · Trams yesterday morning. There were also a few enquiries for others of the mure | popular stocks, bui the prices offeral suere. not aifractive enough to lead to business. B.K, GOVT, LOANSI

491 1ean 1526...

Sali Jana (1954 & 10an) 100%, # Low 14NS cub. BANKH

... Darck 198/2005■■.

Ja, New £183, 21020. Chateral Bank 4:35-19/16, Meresatile Bank A & K AZN, Honk Post Amir 140155. INSURANCEN:

Custom fro, 1750.

Eldon Je b

China Bradderwriters &

TK. Bus, #in.

SHIPPING

$ 0.

HK. & M. Strandwala

Todo Clones a Preta Shou.

Shell

4th) apIN

Beater) 17/68.

1inion Waterboats (37158.

DOCKS, WHARVEN, GODOWNS, Ele

K.K. Whores (023) 12494,

Now 192.1

North Point Whorem 1 $1,110u-Sew Whimzees 34. 1. Dorn 24.

Shaun Pridente 21. 20an.

Mingful Bockyards flin, MINING:

fimul Mines 10.

HK. Mbon Lis

LANDS, HOTELS A DUILDINGA:

J. & fotels 18.805.

1.K, asta sih, kỡnz,

Shanghal Laude 5,705, 3,00%, 3,807,00€. Humphreys (X, R. 1756,

right

I.K. i 18. Chi Patole $700,

PUBLIC UTILITIES:

M.

H.K. Tramways 216, 204m, Peuk Teatras (0) 21.

(New) in.

Star Ferrick 1913

G. Lights, EX, A 15.80,

(theta) 10n,

11.K. Ebetrics 20k, am, as/išu, Macan Kestelen 21% 5.

Fandakan lichte 10.800.'

Telephones Xinu,

Shanghai Gás oka

INDUSTRIALS:

Call, Mues. (Ord.) 28, Conten ters 70,

Cemente 3414b. Muiga, 2011. 1.K. op 1, STORE A

Dairy Farm (Old) 54,

[New] 44%.

Watsona 10ld) 59%

*New 84%.

1. Crawfords 4X, Rt.) Sin,

(Right) 17x.

Ainteres Na China Empertum ton. Sun Co., Ltd. 45 m.

Kwote Ban Hua 242n

Who Os 4.6.) 1101

- Wm.-P'erwell, Tel-11.

MISCELLANEOUS:

Cious Entertainments

.

H.K. Costructions (070) (n,

(New) 455.

Vibros soldi 1.

(New) in.

Maestral Investment» 13/n. Marian (ILK.) 2.164.

Rhantha Loats R.

COTTONA

Ewon 14%

KUBBER, ETC, COMPANIES,

Anglo-Juvas

Cheng Rubbern_ „70%. Concojidated Rubbers 2in. Dominios Rubbers. Kula Bahrom

Padang Rubbers is,' Stabler Trusta 81⁄2n. Samostaza Rubbere 1.10z. Shanglot Pahang in. Tunah Merah In Tebang Rubbere .60m. Zienub Rubbers in.

Giant Dock Explosion

Hamburg, November 22. The Royal Navy will demo-

1

New York, November 23.

Two views of the present Chinese situation were pre- sented at the Ebst:West Association forum, to- with a Chinese spokesman; partly blaming his own countrymen and on American foreign correspondent criticising the West for the pre- sont chaos in China.

Dr. Poe Liu Dai, Professor of Far Eastern Affairs at the American University, said the Chinese people faced the choice of replacing evolution: ory change with radical social 'revolution "of Marxist 'orientation."

He said the basic weakness in modern China. was lack of

success in effecting the soci

fundamentaly

and economic réforms lald down in the

socialistic doctrines" of Dr Sun, Yat-sen. He said these includ- ed control of capital and equalisation of ownership of land, which was not carried out, He also scorned the "moral degeporncy" of the Chinese intellectual class.

Four Alternatives He-named four alternative Am- erican policios:

|

INFLATIONARY SYMPTOMS IN WEST GERMANY

London

Stock Exchange

London, November 23. Hopes of an tuerensel distri- bution by the Rhokuna Corpora- tion stimulated copper shares in the London Stock Exclfange to- cing". Price movements in tha section were all to better levels and provided the only Item ot real Interest.

Other vernment securities mat with amalt buying of the medium dated Inuen and an ocenatatial rhe was shown.

Industriale were slightly Irregalne althgh the price nuvement amounted to no more than a few pence, Tubarcus were tractionlty lower and there were LOTIO

wxlikes. offerings at

The non. sationalistion fron noh sivet inattes yo corded amait yalne.

London, November 23. Unofficial experts feel that every effort should be made to inckle renewed inflationary An Intial lover of all shares was symptoms in Western Germany Partialle recovered. Venezuelan Oil Cup- before they become serious. ederiam were unchanged al 05/10 attr

1-3/H.

Formisen su were quiet apart from emmat movenvata lu Chits iure, Forelan utilities chewerd tenowed weakness. In Cha Anclorentine Tramway stocks.

(1) Continued limited

bid, The currency reform has suc- which Dr. Poe tormed ineffective; ceded beyond nil expectations (21 Promotion of a coalition gov- | and. for some months the. TP- ernment with the Communists, covery in Western Germany has

it Wan A quing day in Routh African which he said was "impractical" contrasted with the stagnationing during which some selling em (3) All-out military, economie in Eastern Germany.

But late-w

duendi lower levels, blvidenol payers un

hun-jiralterA and political aid to the National-

have been various

of favour. the alability of the BRCURITIES:

Deutsche-mark, Britisk Console, 201

ists, which was up to the United there

A

are

*

and Loan, 4. i War Loan. 3164.6. 1952 War Loan, a.. Virtury Bonds, Má

RAILWAY BRANKAL Helties Tennport, INDUSTRIALS:

And w

NO!

113

LONAUJA 106

110

100%

threats to Slates to decide; (4). Complete West German withdrawal, which meant the including, firstly, yesterday's Conversion Iman, 3%, 1981. 100 eventua! overrunning of Asia by official complaints that West Communist hordes, "constituting Germun farmers

black- menpre to American marketing large quantities of

groin. Christopher Rand, New, York Herald Tribude China corres- Secondly, reports that West- pondent who is at present in ern Germany, is being deprived the United States on a Nieman of the expected dollar income scholarship, said America was from family remittances etc. In a "terrible pickle" in China since Americans remitting to because for a contory the West German

can buy' had considerábla influence there Deutsche-marks in New York or had not thought much Switzerland at about one third or

one quarter of the afficial rate.

but #bout it.

He said the Western Ideas forced on China in the 10th Cen- Lury had a revolutionary effect, but the West took a negative at titude, opposing the revolution when I inevitably came about..

He said the US. opposed Sun Yat-sen--opposed Chiang Kai- thekas long as

as his movement was revolutionary and was now onposing the Communists.

"We never tried to work with ung changes. In a constructive way, but after turning loose chaos In the first place we tried keep it down by force."-United Press,

རྞ་

fumilies

British American Touren (of

G., & Treland)) Imperial Chemical Indust, ard. Imperial Tubarco Co. (of 0.8.

Ireland) RUNDER ANARES:

0%

18/0

5-21/32

Anglo-Date Plantation of Java 13/0

Guela-Kaiumpona Habber Estate 21/10% Hubber Plantation Invest. Trust 19,9 MINK SHARES:

Burma Cory.

The Frankfurt bourse, report- ed that this cheap offering of Crown Minew Deutsche-marks' come from Rus-

Nandyfroom Miner Kand Miner sinn quarters while Swiss bankspring Mines blame the Finch for selling.

Sub Mixria

Not Fatal

Tavo Tin Ca

Valon Corporalian

DIL SHARES.

Nurma Olt Coord

Thirdly, the release of 1,000,- Royal Dutch Co. vezana 900,000 murks from the, blocked thell Transport & Trading Co. account was regarded as a poli- sinPPING tical decision rather dangerous, fatal.

AMERICAN PRESIDENT LINES

New York via Panama

Trans-Pacific-Round the World

Refrigeration Special Cargo Oil Tanks

Corgocaire

Specío Strongroom,

Tel. Nos. 28172/28175

St. George's Bldg.

Americam Pioneer Line

Arrivals from New York, Boston,

Other Atlantic Ports via Panama

"STAG HOUND"

"GREENBAY VICTORY"

"RESOLUTE".

Sallings to Manilla

"STAG HOUND"

"GREENDAY VICTORY"

"RESOLUTE" (Cebu, Hollo,, Manila)

Nov.

Dec.

Dec.

Deo.

Dec.

Drç.

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

Panama Canal -Яpecial Cargo Ol! Tanks

Dua Dec.

G

Duo Dec. 17

Bails Dec.

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

Salts Dec. Salls Dec.

"TIONEER BAY" "STAGHOUND"

For Full Particulars Call

UNITED STATES LINES

6%

18

10/71%

Queen's Building,

G

775

✰

1/3

247/4

UNT

12

A/

and economically 1. & o. Stem Novie, Cin, ned.

notidan General-Navia, & ly.. ord. 64 N though

OILTEDGED: 'Fourthly, prices of

Funding Loon, 3% clothing National War Honds, 2%&*

1933 and other consumer-goods have

SILVER AND been on the up-trend. GOLD MARKETS

London Silver, Spot Ane ounce $50; Forward fine ounce 46d; Bär, Gold, por line "ounce 172/3.

New Voric--Silver, Dar, tasked Price), 73-3/4 cts; Bar, Gold, per ine, ounce (ofalhi) $35.

1049/01

1062/54

1964/20

1951/6X

1905/65

. 1960/70 ---2905/75*

Bavings fonds,

100-35/70

103-1/10 10331

102-17/32

10434

10312

The currency reform was designed to restare confidence In the currency by making it scarce. Clearly the Western mark sting retains

1025 far more

Exchequer Handle, 10, 1950. 100-13/18 confidence than tha Eastern

Redemption Black, 3. 1896/98 100 mark and Western Germany's FOREIGN BONDS economic position In oti im- German Iman (Dawn) 75% proving.

Japanese Brễ, 1907/47 Japanese 45% 1924/89

744

20

*A

.A.1716A

Bombay: Suvar, Ready per 100 tolas 175 Rupeès, 00 Annas; For- But unofficial experts feel that | Ja. B. Manchurian R. 5%, 1023 18 ward per 100 tolds 175, 08 Mar the Western marke

can retain BANKS:

Chartered Bank of I.A. & C. 12-13/10 wart (unofficial

unquoted; Gold. this confidence only if the pads Eastern Bank......... I'delivered, Part

per tola 112, 12; Fording of currency and credit is time King & Bhangbal Dank.. 102 ward (unofficial) 112, 07: Soyer-scrupulously avalded and if the Lloyd's Bank "A

63/0 eign unquoted. One: tola is

German authorities, and people Mercantile Bank of India "A" 21 display self-discipline.-Reuter. National Bank of India ...... 95%

CHINESE EXTERNAL LOANS: Tiental-Pukow Hallway, Lung-Ton-U-IIa) Stiya,, #Çó, 1913 Beory, Loun, &ta, Lan. five, 1013 12 Crisp Loan, 8%, 1912. Kukuang Bollways, 6, 1911..

to. 3/8th of an ounce

equal

sellatingSovereign, buyer-

U.S.. Eagles,

buyers-sellers unguated; Gold, Money Market

Bar, Per Gramme, buyers-sellers unquoted.

Bangkok:Gold,”

babt-

Bhanghat Nanklow lys. 6.

Bor weight of 18.244-Grammes Un-day and closed at HK$283 a taci, Kowloon Canton Railways, A Gold continued its drop yester-Henan Hallway, 46, 190.... quoted; Exchange Rate (Solling), after opening at $206.50, Highest Bangkok on New York TT 19.70; and lowest rates were $297.50 and London 61.00; Hong Kong 3.77 $292.75.

U.S. dollara Improved slightly

HK$5.11.

Hope For Strike to s

Settlement Dim

New York, November 23.

Gold Yuan was weaker again and rates fell to 224, 22 and 21% cents. Conton remittances were 21, 1914 and 20 cents, and Shang-

and 12

lish on Thursday and Friday Hope for settlement of the remittances 13, 11 the 80,000-ton dock at Wil-East Coast shipping lleup remain-cents. helmshaven, the principal navaled dim today as leaders of strik-

buse of Nazi Germany. Forty ng longshoremen biectoda cor- Plastres opened at HK$0.65 a tons of explosives will be used, promise probosal providing for a 100, dropped to $9.57% and closed

About

8,000 local residents long-sought waterfront Welfare et, 19.00. will lave to be evacuated

Ticats dropped further HF-525.90 a 109.

to

Sterling Bonda

•||ཋ བ a

Company

Tel. 81251 (3 lines)

BENLINE

ARRIVALS

DEP

8.8BENNEVIS“

S.8. "DENARTY" S.S. "DENLOMOND" S.S. "BENYRACKIE"

SHIP

*S.S. DENARTY"

8.8. "BENNEVIS"

8.8. "BENVEACKIE” 8.8. "BENLOMOND"

Calls at Gener

End D Mid Ja

FROM

DUR

U.K.

U.K.

29th No Early De

UK.

U.K. SAILINGS

ΤΟ

LOADIN

Aden, Fort Sald,

Mid D

London, Antwerp,

End D

Rotterdam,

MIA J

End J

Hamburg

Fuz Further, Particulars, Apply 20-

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

12

York Building

11 -Heater.

China Wants

Korea At

Agents

Telephone: 84265.

KLAVENESS LINE

SAILINGS

DIRECT, TO VANCOUVER AND TACOMA

U. N. Debates, “CASTLEVILLE- .....Loading .......5th De

Faris, November' 24.

3rd De .24th De PASSENGER ACCOMMODATION, BULE “DIL TANKS

Chinese Freight Agenta.

Applyi HOO FOOK PING

China formally, called on the MS. CASTLÈVILLE”

- ARRIVALS FROM PACIFIC COAST United Nations on Tuesday to M.S. "ROSEVILLE”

.Arriving for the demolition, The local au- Union negotiators turned down

invite representatives of the

Duc thorities fear that many buildings the employers proposal Inst

Government of the Republic of in the pert area, already in a night,, saying it was "too vague" NEI Guilders also dropped (Southern) Korea to take bart rhalty condition as a result of the and was no better than the offer Opening at HK888.00 in the morn-in the coming debate on Korea. wartime raids, may collapse. Prvo or both sides noon.

rėjøcted.

In 1 fell to $33.30 in the after- The town authorities have an-

Dr. T. F. Telang, the Chinese pealed to Mr Ernest Bevin and are to Theet

delegate, submitted a resolution Sterling continued Mr. Winston Churchill against the today preparatory to sock grade and closed yesterday at United Nations Assembly asking THE BANK LINE (China) Ltd.

on the up to the Political Committee of the demolition but have little hope Ling new pence formulas The HK315.40. that this will have any, effect strike has been in effect for I Australian pounds were un- Republic of Korea, under the that the representatives of the 'Reuter.

changed at; HK$12.04,

chairmanship of Dr. John M.

separately again

days.--Associated Press,

•

Pacific Far East Line, Inc.

Nov. 25 Nov. 27

DINKOT

BAN FRANCISCO, “LOS ANGELES

TENTÄTIVE ́SAN – BRAKEINGIN Salte. Ban Vrancised,

(With Passenger Accommodation)

Cargo for "Tsing-Tao, Hankow & Tientsin acceptable

en through bills of lading.

For full particulars please apply to the above.

Trans-Pacific Service

OVERLAND

-DEYBAIK-TORONTO,

AND "ALL","AMERICAN 'A' GANADIAN CITTER.

-RERFIGURATIO

For full particulars, call General Akent

INKS CO.

Bldg. Toli 31751

Chang, take part in the debatd without the right to vote,

The Rusalan bido la

охраст.

ed to oppose China's resolution: The Russian group already hus served notice It. wants the AL- sembly to invite representatives of the Rumian-backed, regime, in Northern Korea to take part In the debate

The Political Committee is 018 cussing Palestine, now, United Nations officials said the Korean 'care might doma, ap next week.

The United States and other members of the majority were said to be supporting action by ihy nasembly endorsing the work at the Korean Commission, which supervised the elections out of which came the Government of the Republic of Korea-Associate ed Press,

King Building. Tel 877

THE BANK LINK

(CHINA) LTD...

-WASTEST DAILY SERVICE TO AND FROM MAGAD NA

T.S.S. "MERRY MOLLER

Kòng 8.30, p.m. Dally from, Wing Lok. Wh

2:00 ELE

Dalty

Timanu-subjest to altération withóns motion.

MOLLERS (HONGKONG) LIMITED

MÔNG