1949-01-04 — Page 12

ROYAL INTEROCEAN LINES

Phasengot-and

Freight Sources

JAVA-CHINA-JAPAN SERVICE

**TJIBADANE"

"TASMAN"

THIDADAK"

TJITJALENGKA"

Arrivals

from "fmilla & Amay

oth Junuary,

from Macassar

& Javuports

8th January.

In' port

from Macassar

A Javaports 22nd Jan.

Salling!

to Javapurts

& Macassar,

6th January, 1.171.

to Javaports

& Macassar,

21st January.

to Javaports

Macassar 3rd February.

to Javaports

Macassar 3rd March -

ASIA AFRICA-SOUTH AMERICA SERVICE

"TKGELDENG

'KUYS"

"BTRAAT MALAKKA"

*BOISSEVAIN"

Arrivals

In port

from

South America

South Afrien 17th January. from

South Amerlea

& South Africa,

9th March. from

South American

& South Afrien, 29th March.

Sailings

to Shanghai

14th January

to South Africa

South America

25th January,

to South Africa

& South America

25th February.

to South Atrica

& South America,

20th March,

to South Afrlen

& South America, 18th April,

Transhipment eargo on through Bs 1. to Dar-Es-Salaam.

Mombasa, Zanzibar aceented on all saillogs. SUMATRA-MALAYA-CHINA SERVICE

"VAN RIEMSDIJK"

"TASMAN“

Arrivals

A: Swałow

6th Jan.

Sailings

from Anmy

to. Straits

A B. Dell,

6th January,

to Swatow

& Amoy

A

from

Supapore

6th Jan

Jan.

Agents: HOLLAND-EAST ASIA LINE

Arrivals

from Japan

'MOLENKERK"

& Shanghai 6th Jan

"MEERKERE"

RIJKERK"

from Europe

3lli Jan.

from Europe

End Jumanry.

Sallings

to Europe via Manija

A Straits.

7th Jun.

to S'hai, Japan

vla Keelung

8th Jan

to Europe vin

Manila & Straits,

End Jonary.

to Europe vla

Manila & Straits,

Mid February,

Transhipment cargo on through Bs/1, neerpted to Mediterranean and Northern European ports,

Office Address: King's Building, Phones; 28015, 28016 & 28017

Chinese Agents: 82, Connaught Rd.,

DE

Tel. 3119 & 21533

LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO

m.y. "DONA ANICETA"

m.y. "TONGHAI”

22nd Jan, 4th Feb.

SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

m.y. "BENARES" (Direct)

m.v. "DONA ANICETA"

23rd Jan.

24th Jan.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tels. 23876-22678

CHINESE SHIPPING OFFICE Tele. 28738-20158

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

S.S. "KAMUNING"

To SINGAPORE, FENANG & RANGOON

Loading

6th January

Salling

7th January

Subject To Alteration Without Notice

For Particulars Apply To:

THE HO HONG CO. (CHINA) LTD.

48A, Bonham &urand W.;

Tela: 20127 & 25648

CHINA MERCHANTS S.N. CO.

**Connaught.Road West.

SAILINGS

Telephone aidss:

the china mail, tuESDAY, JANUARY 4, 1040.

FINANCE AND

COMMERCE

ANNUAL BULLION REPORT OF MESSRS. MOCATT AAND GOLDSMID

Hong Kong Stock Exchange

of

The resumption

business after the longish break has found taivers In the ascendunt with Quotations

still scarce. sellers diaplay some improvement.

1.K, GOVT. LOANS

4 Long FISH. 3; Jean #1934 A 1981+ 1000. 3 bath +1300 101%h,

#ANBBI

H.K

8. 18106, 120. (Don, Re) 10214. Charterest Bank In Mercantile Druk A. 4 B, 421, Bank of East Asin 103. INSURANCES:

Canion Ins, 3856.

tinians in 525.

Chim thuferwelters 0.300, I.K. Fire lus, 2656, HULPPING

Deerlen 2870.

#K. M. Hirwinbrots 1744 h, El China (leef.) 05.

(f) in

Shells Bentor! 76/18n.

Waterlila 374.

DIMEN, WHJARVES, GODOWNĘ, Ele.r

H., & K. Whoarsen (188) 115,

(New) 13an

North Paint Whorsen Tim Sh. Hopskew Wheryer Jin, N.X. Dicke 21,

China Providegsta 1943, 20 Shoshal Backyarda 11.b. MINING:

Hout Miten & 1411

H.H. Mit 1135m.

LANDS, BOTELS & BUILDINGS

St., Mutale 15,4%, 13.20. 25MA H.K. nude 17h, 94, lkan.

Shanbal na 2, 3, vina.

Humphreys (24) 15.

(New) 14 te

H.K.. Reollies 26

Chitirse alates 1700.

PUBLIC UTILITIES:

11.K. Trawnya 20.00h, 21, 29.3.

Peak Tema (014) vin

(No 11.

Star Ferries 135, 137.

5. Jik

London, January 3.

Despite the International Monetary Fund and of- ficial discouragement, gold flowed to the Far East throughout the year, says the Mocotta and Goldsmid annual review.

The introduction of the gold yuan did nothing to satisfy or divert the Chinese appetite for gold in the later months.

for has

been Despite frequent official sales.ja small part so The French internal gold price has shipped, is being filled for Saudi risen stendly. Gold coins are Arabin. now being minted in Europe for smugging to France.

World gold producers, who have been forced to accept only the of neil price. theretore had a great temptation to sell outside official channels but the governors of the Monetary Fund Internationa?

FAR EAST POTENTIAL FOR TRADE

New York, January 3. Leo A. Matthews, Genera Passenger Agent of American

Lines,

says the President potential for future trade and travel in the Far East is almos beyond, comprehension.

AMERICAN PRESIDENT LINES

Cargo Oll Tanks Refrigeration Cargocaire

"General Meigs" (viá Mánila & Guam).....

TO HONOLULU AND SAN FRANCISCO

Jan.

"President Wilson" (vļa Japan)

"General Gordon" (via Japan)

Jan 15 Jan. 30

TO SAN FRANCISCO AND LOS ANGELES

-President Tafi" (via Japan)

Jan. 17

"President Madison" (via Japan)

Jan. 21

TO NEW YORK, BALTIMORE & BOSTON VIA PANAMA

"Dartmouth Victory" (calis Pacific Coast)

ROUND-THE WORLD

COLOMBO, KARACHI, SUEZ. ALEXAN- VIA SINGAPORE,

YORK DRIA, MARSEILLES, GENOA, NAPLES,

NEW

and

BOSTON

Australia has been the main supplier but there have atro heen imports from Russin Dad Hong Kong.

10 Owing

exchange restrie- tions, there has been no demand from Indin and Pakistan, al though prices there remain well

Mr. Mathews returned recently above the world level.

"President Jefferson" of the Philippines, of British from a tour The demonetization were adorant.

"Marine Snapper" and inland coinnge mnde kle ailves

pro- cluding the ports

"President Polk" (calls Manila) Indicating that the demand for T gold is not confined to the Middle Sress owing to the hoarding decifles, Japan, Siam and the Mainy

mand early in the year and some Peninsula and East Indies. East ant Far East, impressad dimeulty in extraction. The coin- gold in freely offered and bought age was called li

to repay the in the United States at 10 to 15

silver fend-leased to Britain and per cent premium over the official Indla by the U.S. Treasury. United States price.

The dinte for repaying this tom.

1 is understood that legislation has not yet been fixed and delay shortly to be introduced to tar in extraction is unlikely to afteël coming few U.S. Congres to legaliso free in-the market in the

yenra. ternal gold markets and will com-

Bullion trading in Britain can- mand wide support, although un-

not become active until the for- likely to succeed.

eign exchange position radically Owing to restrictions in Bel-improves but despite all restric- tain and the United States, the tions, buyers of silver have bulk of the world's gold busi. the past year been able to satisfy in London ness is done in other centres, large export orders where the authorities are less without upsetting prices in the least and there la every reason to scrupulous.

expect these conditions Linue. Reuter.

Silver Market

London silver has been roughly adjusted to the New York price.

The Mexican Government is with Insuring Of

holling sales in New York unless speclut demand to there was a bring offerings of foreign silver in

into line with

the New York effective demand in the first half- year,

Subsequent New York move-

(N. 14,19, 52, 1536.20.ments mainly reflected foreign

2 7.1.1, 7.00, 73, 104,

H.k. Hiretries 381, ap. 39.

Menetrien NFL,

Satilakan Lighter 152in.

Telephones 30,

INDUSTRIALH:

Cul Mack. (mt) 200.

Canton on Th

. Cements yb, 42%, 121,

11.K Boyes 216.

ATORES &...

Dairy Farm (Arich) 43mm,

(New) 440. Watson 1014, 8244h,

zraka.

(Now! 58, 19%, 5%,

1. Crawford (Old) 20.

(New) 20m.

Sinterin.

China Emporium 0145,- Sun Co., L18. n.

Kwene Hasse Home 1575. Wing On (M.K.) 1050, Wr, Powell, Y. Jin, HISCELLANEOÚS:

China Entertainments 35 KK. Constructions (0%; 4.

New 4, 412.

Vibro 101) 2014.

(New) 1

Marsman Jovements 0/n,

Marms (HK) 1.900.

Shanghal Ioan 15

COTTONHI

Kwall 1846

Asin Nav. 1,859.

Yangiaren kl.

Wheelcke - 34n. ZUDHER, ETC., COMPANIKA:

Anglo-Jayan 'n.

Cheng Hiblers 700. Connotated Rubbers 21⁄21⁄2 D. Dominion Hubbers En. Kate brom 20, Padang Rubbers in. Rubber Trusa alán. Armeens Rubbers 1.10n. anabol Pahang 29. Tan Merahs 20n. Tabong Rubbery .50%.. Ziangle Rubbers En,

INDIA ASKS FOR OLD BOOKS

New Delhi, January 3.

sales, in the autumn, continental dralers could buy silver in London and resell to New York at a proft at the depreciated sterling- dullar cross-rate.. This business was not very exterisive and the authorities withheld export licences to the centres concerned.

Two million ounces of demone- lised Mexiern colns have been offered in New York but the Mexican Government continued to rbsorb newly minted silver for coinage.

to con-

Ship's Cargo

London, January 2. British Insurance com. panies, including marine un derwriters, reverted yester day to the pre-war practico or covering ships cargo only when in an ocean-going ship. on shore Cargo

and In tt small craft is excluded. was accepted during the war when it was found that dan. ger

from foreign weapons was not as great as anticipat. od in cargoes accumulated" on docks.Asociated Press.

Money Market

to

U.S. dollars dropped Owing to the development of

The drop HK$4.08 yesterday. no longer is due to Chinese New Year re- jet engines, silver is used in aircraft on a warumemittances from Chinese in the scale. but. photographic and States

erware industries

are using

"At present the Philippines bre the outstanding market both for Import and export," he salti, "But Japan, with restrictive limitations tined to come again, a vital mar- steel and cotton traite, is der- The ket for us and very soon. Straits and the East Indies are growing commercially."

Mr.

offers

com.

Mathews bald China almoct limitless and Shanghai with un- world's the

merce

questionably be

greatest market.

He said American business re- presentatives agreed with him the Intlles, the in Chis canet that, despite unsettled conditions Orient offerert the United States its surest merchant marine deve- lopment.-Associated Press.

Notice To Consignees

M. Y. "AENEAS”

Damaged cargo ex this vessel will be surveyed at Holt's An' a.m. Wharf between 10 hoda on January 6 and 7. 1049. and consignees are requested to liave their representatives pre- sent during the survey.

BUTTERFIELD & SWIRE Agents.

Hong Kong, January 4, 1949

Notice To Consignaas

CONSIGNEES PER BARBER- WILHELMSEN LINE

M/V TARIFA"

are here by notified that thes Gold was steady, opening at cargo is being discharged into to absorb all normal for HK$285.75 a tack and closing at the Hong Kong & Kowloon offerings eign

In New York at:

$208.75. Fluctuations ranged be- Wharf & Godown Co.'s godown tween these two figures. current prices.

where it will be at Consignées' during British official sources

Gold Yuan opened at 4.1 conts4 risk and subject to the Wharf's the year supplied 10,400,000 and closed at 4 cents. aunces for essential Industries and 2,800,000 ounces for manu- factured and semi-manufactured exports.

Imports From H.K.

British demand for hoarding! or industry has been small and the price of silver, which is freely disposable within Bri. tain, has not substantially ex. cended the official price. Substantial exports have gone to Turkey and Sweden for coln age and an order, of which only

World Body Of Coloured Folk

at the unchanged

rray be

Canton remittances were at 3.8 terms and conditions of storage, cents; and Shanghai remittances and where delivery vatled between 3.15 cents

and jobtained. 3.325 cents.

Plastres

Damaged packages are to be opened at HK$7.43% a

Godowns for ox- 100, went up to $7.60, and dropped left in the

Consignees and amination by to $7.37% at the close.

Ticals were

Company's Surveyors, Messrs. Goddard & Douglas at HK$25.10 a 100.

NEI Gulders opened at 10 a.m. on January 3, 1949.

D 100 and closed at HK$33.00

To comply with the General $34.40.

Sterling was steady at HK$15.10. Bonded Warehouse Regulations Australian pounds wero un-Consignees must have a Ré. venue Officer in attendance changed at HK$12.53.

when damaged dutiable goods are examined.

CONSTRUCTION RECORD IN- U.S.

No claim will be admitted after the goods have left the New York, January. 3.

steamer's godowns, and all Dollar volume for American

goods construction in 1840, was a record after January 4, 1940, will be remaining undelivered TIS$17,400,000,000. Engineering News Record estimated.

It plated physical volume 11 per cent ahead of 1947 and 'only two per cent above 1046--Asso- elated Press.

• Now Delhi, January 3. "A world organisation of A resolution asking the Gov- ernment of India to approach Ils coloured peoples will be formed

Government Iniesty's

in the soun," said. Mr. Bayard Rustin, United Kingdom ratura to American Negro leader now tour-

ANGLO-SWISS Indle all ancient hooks and docu- ing India in an interview here. ments relating Indian history. H

He said that such an organisa-

TRADE TALKS which are at present in Britain, tion would collect and exchange

peoples

of was passed by the Indian His-full detalls of coloured

London, January 2 torical Records Commission in the world and co-operate in re-

A British trade and financial de- Delhi.

moving harrlers imposed by the legation will leave London to white- races by chalking out a morrow for Berno to discuss common programme of non- irade and payments for 1040 with, violent_resistance.

the Swiss Government. Mr. Rusin came to India carly It will consint of representatives this month

of Trade principles of non-violence.

and the Bank of

The Commission also resolved that steps should be taken by the Government of India to procure from the Governments of Holland, France and Portugal copies of their records relating to India.

to study Gandhian of the Treasuryland-Reuter,

Pacific Far East Line, Inc.

BADOT

HAN FRANCISCO, LOB

Versel

{ /**YLTING, DRAGO!"" ↑

"ALAMO VICTORY"

*GOVERNOR DIXON" "LOUIS ML085"' *BURPRISE** †

Fast Regular Trans-Pacific Service

OVERLAND

NEW TORKCMCAGO "DETZIOIT-TORONTO, MONTREAL AND ALL AMER 10AH CANADIAN CITIES.

Ball

ANGELIA

From

Arrive

Yor

Bm Frasher

San

Jan. 1#

Los Angeles

Jan. 20

Prancisco. San Francisco, Led Angsten, via Taken Tiku Bar & Kobe, Yakekame.

Los RAYTM

Jan. 1

Ja do

San Francisco

Jan. 15

·"FHILIPPINE DRART

tía Shanghai, Penn & Kobe

S.S, HAI HSIA. Singapore Jan. 10

(With Passenger Accommodation)__

Cargo for Thing-Tao, Hankow 4 Tientsin noceptabler

on through bills of lading.

For full particulars please apply to the above.

• ↑ «Fatty; Batchnecting. Aunista) Kor: Gârsă: Taif, bound,"

Yokokawa

„Bár Fridclico.)

Bail Krádelion · Lár Angeline

For full particulara, call General Agents, UNITED STATES LINES 00.. Quodr's Ed

subject to rent.

All claims against the sten mer must be presented to the undersigned on or before the January 11, 1049, or they will not be recognised.

No Fire Insurance will be effected.

DODWELL & CO., LTD.

Agents.

Hong Kong, Dec. 28, 1948.

St. George's Oldg.

Jan. 24

Jan. 12 Jan. 50 Fab. €

Tel. Nos. 28175/28178

American Pioneer Lunc

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

"COURSER" "PIONEER WAVE“

Sailings to Manila

"COURSER" "FIONEER WAVE“

Jan. ช Jan. 23

Jan. 8

Jan. 21

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

Panama Canal

-Special Cargo Oil Tanks-

"NESOLUTE" "CODRSER"

Due Jan. 15

Salls Jan. 16

Due Jan. 23

Salls Jan. 24

For Full Particulars Call

UNITED STATES LINES

Queen's Buliding.

Company

Tel. 81251 (3 lines)

BEN LINE

BETP

8.8. "BENLOMOND“ 6.8. "BENVRACKIE” S.S. "DENVENUE”

SWIP

19.8. "BENNEVIS ' *6.8. “RENVRACKIE” B.S. "BENLOMOND"

"RENLOMOND"

• Calls at Genon. †Calls at Eelth.

783

PAK SA3

ARRIVALS

BOM

DUR.

U.K.

U.K. V.K.

Discharging K/Wharf

Mid Jan

SAILINGS

TO

Aden, Port Said,

Havre, London,

2nd Half Jan.

LOADING

10th Jan.

Mid Jan

Antwerp, Rotterdam, End Jan Hamburg & Buil

Recapta cargo for Kobo (Japan)

For Further Particulars, Apply To-

2nd Jan

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

York Ballding.

Agents

Telephone: 34165,

NOTICE TO CONSIGNEES KLAVENESS LINE

HOLDING

P. 40, B1, & E. & A.

BILLS OF LADING:

Mounts Goddard & Dongar will attend at 10 am. on Mon- days and Thursdays within the free storage period to survey damaged cargo, and consignoce

SAILINGS

Direct to Vancouver, Seattle, Portland, San Francisco & Los Angeles

16th January ARRIVALS FROM PACIFIC COAST

M.8. “BOUGAINVILLE”.

are requested to have theu | M.S. "ROSEVILLE” representatives present. Unieke consignces representatives present at the Survey no claims can thereafter be admitted, ·

M.S. "BOUGAINVILLE” M.S. "FRANCISVILLE",

144th January 15th January 17th January

Salling to Singapore, Penang & Batavia

MACKINNON, MACKENZIE MS. "FRANCISVILLE”

Agent:

& CO.

P. 40. 8. N. Ca..

B. L. S.. N. Co., Ltd.

E.A. 8,8. Co., Ltd.

Passenger Accommodation

Chinese Fraight Agents,

HOO FOOK PING!

18th January Bulk Off Tauka“ Apply

THE BANK LINE

(CHINA) LTD.

THE BANK LINE (China) Ltd. King's Building: Tel 27702.