1949-01-08 — Page 12

ROYAL INTEROCEAN LINES

Passenger-and

Freight Sources.

JAVA-CHINA-JAPAN SERVICE

"TASMAN"

"THIBADAK".

"TJITJALENGKA"

"TJISADANE

* Arrivals

from Macassar

& Javnport, 8th January. 1n Post

from Macassar

A Jayuports 22nd Jan.

from MaraKSTE

M: Javaports

4th Feb.

Sallings

to Javaports

de Macassar. 21st Jaguary. to Javaports & Macassar

3rd February.

to Jaysporte

& Macassar

3rd March.

to Javaports

& Marossûr

1th Ech

ASIA AFRICA-SOUTH AMERICA SERVICE

"TEGELBERG"

*KOYS"

"KTRAAT MALAKKA”

"BOISSEVAIN"

Arrivals

In port

from

South Amerien

South Africa

17th January. from

South Amerlen,

& South Afrlen,

9th March. [ruth

South Amerkenn

& South Africa, 29th March.

Найілка

to Shonghni

14th January

to South Africa

& South America

25th January,

to South Africa

& South America

25th February.

to South Afric

20th March,

THE CHINA MAIL, SATURDAY, JANUARY 8, 1049,

FINANCE AND

COMMERCE

STEEL INDUSTRY DENOUNCES

FOR 'NATIONALISATION'

PLANS

London Stock Exchange

London, Annanry £. Institutioni buying of Tng date stocks,,reated in Armness

the t-edged reetion today Itimes of 1/4 were widesprenti.

thep heetinste fellest ta follow thin

631

hels

Hapl

-

"}

with

Washington, Jañuary 6.

The American iron and steel industry has bova quick to denounco President Truman's proposals on iron and stool in Congress yesterday. They call them an attempt to nationalise the indus- try on similar lines to the proposed British nationalisation plan.

The

immediate legislation |*********

which the Truman Administra- tion have in mind calls for the

Foreign Firms

setting up of a joint comme To Pay Tax

to make n report at the begin ning of the second session of this Congress in 1950.

The commission will study the fensibility o! Government pur-i chase or construction and ppers- tion of a linge steel plant along textiles the lines of the famous Tenpeace prosinejad bookern. Matlong sun Valley Authority.

duduntziak, bersi

& South America,

in betweeŠEN

Prakt

KIIT

lepint

to South Africa

South America, Lath April.

Transhipment cargo on through Bs/1. to Dar-Ex-Safaam.

Mombasa, Zanzibar accepted un alt sallings, SUMATRA-MALAYA-CHINA SERVICE

Arrivals

"VAN HEUTSZ"

In re

"VAN RIEMSDIJK"

"LANMAN"

from B. D2151

Strait.

1st Mar

fren

Sugapore

1th Ja

Sallings

to Strait &B Del 24th Feb

Jul

the-re VA

The Commission will drst de-} The general tendency to oils was allulite termine whether the production be ensure det slaan was renewend Interclities of private industry ara- Ен M. vacia n. Podlount hayles!

of sish dess was rampaled by onto adequate for certain materials

critically short supply," particular- ly steel.

+Pesuk Th Copy Moll ddry

1611

rebler the

dad homes and pure in Cbies menit. Markus down' of prices, bu Choo

1 Fetheu bouf sietlan Lesson of two points were atown,

Forming als retrained aleaty in kille

Tripovedal in the pork f thday brought a layers of rub f

-dacta Chiber eingedly shares weet

witt.

thepularity in Dehe.

to Straits

&B Dell,

tw

Bet March

+

to Swatow

& Amay

9th Jur

Agents: HOLLAND-EAST ASIA LINE

Sailings

talls, bumever, were INS from

It will then study whether the shortage 'can be eliminated by the Government making toans to pelvate "Industry.

Industry's Claim

..

If it seems clear that private. industry will still fall to proiuta States enough steel for United Okey in Koffies were a 5 downs

domestic consumption” and overies' commitments, he' com- mittee will recommend authors- ing the construction of govern- ment plants.

wr path,

Sticht

By Arrestin

AK RUTI

Arrivals

MOLENKERK"

from Japan

& Shaoghal

to Europe via Straits,

faraffel Kontrol, 225, 1 Conversion kan, 325, 1941

4. 1960/50

90%

106.9/10

Holts Jus

For Loan. 37. 71+2

*MEERKERK"

in port

Wat Let, MA

Vicky Stronde, 41

KIJNKERK"

31th Ing.

to Shal, Japan

8th Jan

to Europe via

Monila & Straits,

zhan Janumay.

from Europe

to Europe vla

End January,

Manilla & Straits,

Mid February.

Frauslupment earge on through Bs/1. accepted to Mediterranean and Northern European poris.

Office Address: King's Building, Phones: 28015, 2801 & 28017

Tel, 3119 & 21533 Chinese Agents: B2, Connaught Rd..

DE 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.v. "DONA-ANICETA”

m.v. "TONGHAI”

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

m.v. "BENARES" (Direct)

m.v. "DONA ANICETA"

INDUSTRIAL:

Butik Anne Kleklj Talance an

*Ireland)

G.N

11++3/10 107-DIG

1162,15

5-19/14

The tron and steel industry, countering . Truman's sugges- 2015/16 tion of alequacy, claims that the steel making capheity of the country's private concerns, at us million tons per year, là greater than ever before, in war or pence. Large expansion is planned. 1-11/16 they add, for the next two years and the industry can meet neerts of industry without government, assistance-Repler.

trap crust hesalval Imbist,, and. Doperind Tubacen Du, tot 1951,

17-

& Treloa

TEA BHAREN 5

Assam Tonnelidated. Tem

21,/.

Assam Prastar Tes

16/

Asian Fun Company

2/3

Dewars Tea Company

26/0

15/%

Importal Tea Company

Boom, at India & Cyba Tra Co,

MING SHARES:

Stertorp.

Chowa Mines

Nandydroog M

N

Spring Min

Hub Nigeria

Envoy Tin Co.

Cool Carporation

ON RHARES:

By Dutch Co.

6/1

3-3/16 12/0

4.10/10 7/14

31; exi

1/5

24&/-

AJA

Shell Transport & Tenint Co., 34 SHIPPING

P. & D.) Stoona Navic. Cl., ard. 32/3 GILTEBACO:

i'vuling Laion, 35%

National War Bunds, A

1452754

19414

Buyers Busy

In New York

New York, January 17. A buying surge swept through the stock market, pushing prices upward from fractions to than two points, Late profit- taking cut down some of the best

ntore

gain's among lending issues but

the market closed on a high level.

The

comparative

196-11/16 followed President

יבנf

1954784

103%

12

Savina Borks, 412:

22nd Jan, 7th Feb.

1935/65

104%

1960/3

102-15/16

Kayhearted, 1, 1060 100.0/16 Stem Stock, 35. 1980/00 1072% FOREIGN BONDS:

German Low (Dawes) 15

7

Japatieso $. LETZT

21

Japanese Bet. 1924/0

飘

Jap. 8. Mangkurfán Rly., Gṛ%, 1923 10 DANKA:

19th Jan.

24th Jan.

Chattered Bank of 1, A. & C. 114 Hong Kong & Shanghat Bank 10444 Mreani hak of“Iulin" "A" -22 CHINESE EXTERNAL LOANS: Tientsin Packow fallway, 5% Latort-Trinse-U«it»? Riya, 277, 1913 Herz. Lean, Bar, Lean. Ingie, 2018 24 Crisp nam, 67, 1912

*

11

Bakuung Hallways, 20%, 1993.

Hurst Rallway, 65, EDOS

H

Shann Neuking Hailways, if y Kowloon Canten Hallways, 5K.

Sterling Bond

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

Tel. 28676-222875

CHINESE SHIPPING OFFICE Tela. 28788-20158

MARINA HOUSE

STATES MARINE LINES

FAR EAST SERVICE.

S.S. JACOB LUCKENBACH”

SMC Voyage No. 4.

Due Hongkong, 15th January, 1949.

FROM

BOSTON, BALTIMORE AND NEW YORK.

Agents

GOURLIE & CO., (H.K.) LTD.

Union Bullding,

Telephono 81842.

CHINA MERCHANTS S.N. CO.

to Connaught Road West.

S.S. HAI HSIA .

SAILINGS

Singapore

Telephone 81633

Jan. 10

(With Passenger Accommodation)

Cargo for Taing-Tso, Hankow A Tientaih, xqomptable

on through bills of ladinge

For full particulam plonso apply to the Aboro.

·

Canton, January 0. For some time now there has been debate as to whe ther forolg business estab-

Canton "IM liamenta

Are ilable to contribute towards the special local 'self-defente

The question has now been saftled

Provincial the Government has ruled that Both Chiness and foreign Businaisimen 1x in accordance with the Special Defence Regulations. It polted out that the tax la for the purpose of local 'defence" in 'this' period of Communist juppresatón de- fence which is for the bone- fit of both the Chinese and Fordlan" "community-Router.

must pay the

BURMA EXCEEDS RICE QJOTA

Bangkok, January 0.

Hong Kong Stock Exchange

After the turn of the year the Market opened in a confident mood and conditions pointed to a dicaly and upward rise in prices, This, however, was short-lived ant the Mocket fell away and the volume of tralling "dwindled. At the close interest 1s, s lacking.

2. UOVT. Loans

1 Loan topa.

Big Loan (1984, 1940) 1001. Loon (198) 2015.

DANKS!

HK, A Hak 28000, 1840s.

Lon, eg disan. Chartered Bank KUNA. Mecanilie Dak X, 'a' D. Bink of 'Enet' AKİK TAŽN INSURANCES

Canon 1. 201

Union In 710, 120. China Underwalters 2002. HK. Fire In" 270m,' BUFFING

Pagina 297n.

,:m

K. Mentbosta 17.

Indo Chinas (Prof.) · 165.

(Def. 2601,

Sholla (Demo) 75/h. Union Waterboat 37. Aula Mar. 1,8,

DOCKS, WHARVES, GODOWNS, Ete..

ILK & K. Wherres"Tõlds' 18kn,"

(New) 10

North Paint Waarver Tysk, 7am. Shanghai Hongkép Wharves 29, H... Docks,2715), 2005, 2846 Chian Providenta APK 20174 Shihghat Dockyards Ala. Wheelocks in,

MININGI

“Puuli Mines (1⁄2n.

Siam exported 12,000 ton of rice during 1948, 42,000 ton more than was anticipated at the last meeting of the South East Asia liaison officers in LANDS, 110TALS A BUILDINGS Singapore.

Mr. Patrick Scrivener, foreign the British affales deputy to Commissioner General in South East Asia. Mr. Malcolm Mac Donaki, disclosed this at a meet- ing of liaison officers here today,

Burma bad exported more rice than Was expected at one period Her figure: last year, he saidi Tell only 40,000 tons short of be January to December pro- gramme.

Burma would

export 32,00or of her 1048

Quota tons of rice early in January-Reuter.

SILFER AND

K. Mines .08.

H.B. Hotis 16,306, 15,30); 26,257,30ra. H.K. Lande 55%, 681⁄2am.

Shanghai Lands 3.45b, 3.40mm.

Humphrey (Old) 15.

(New) 1."

HK. Reiten.c. Chinese Eaten · 1701. PUBLIC UTILITIES:

.K. Tramways 19,005, 20.10. Peak Trams (Qld) 21m.

(New) in.

*

Star Ferries 185b.

■

. Lights (OM; 14,808) 25m, 16/11.80mm.

(New) 14b.

37.

B.K. Election 375

Macno Electries 24h, Vandakan Ligḥte 18% p. Telephones 364.

Bhanghai Gao 0. INDUSTRIALS:

Cald. Black. (Ord.) 20. Canten Ice 12.

Comente 40,34, die, dins. H.K. Rupes 19.866 BTONES &€, z

Dairy Farms (Qld) 45%

(New) 44

calm that GOLD MARKETS Watsons fold), 220, GES, Glon.

Truman's

Congressional message on Wednes

day was 'broken in mid-morning

London: Silver, Spol fine ounce

by sudden spurt in demand 42: Forward 42d; Bar, Gold, Volume -Fan around 1,100,000 per fe ounce 172/3.

shares.

New York: Silver, Bar, (asket price) 70 cts. Bar, Gold, per fine ounce (ofleini) $98.

Bombay:

Steels, motors, rubbers, olls and some chemicals and aircraft, issues posted good gálas that in

Silver Ready, per 100 sorne cases run beyond three tolas Rupees 177, Annas 12; For- points.

ward no trading; Marwari (un-. Gatners Included U.S. Steel, oficial) no trading; Gold, dell- National Steel, Chrysler, General vered, per told 112, 15: Forward Motors, Goodrich, US. Rubber,

American

tc

baht-

73. po. (One tola is equal Gulf Oil, Standard Oil of Newfounding: Gold Sover Jerany, Union Pacile, "Santa Fe, ath of an orice). Montgomery Ward,

Bar, Bangkok: Gold, Smelting, General Electric, Du weight of 15.244 grammes un- Pont, Owens Illinois, US. Gypsum quoted. Exchange Rate (Salling) nal Ceterolli Tictor, +

Bangkal on New York T.T. 19.65. Childs 'Company reached a new London 82.00: Hong Kong 3:02. 1048-49 High with a paint gnin at five.

Dow Jones Averagest Stocks 65.49: 20 Industrials (Found) 400; Sovereign (King) 180.22 15 Rails 63.62: 10 Util-414; Sovereign (Queen) 412; Np- Reuter ties 34.05-Associated Press,

FASTEST DAILY SERVICE TO AND FROM MAUAU

Alexandria: Fine Gold (Dire hcm)

Egyptian pound

poleon' (Louis) 340; Union Latih 11 coin of 20 francs 'gold) 300. -----* | Turkish Gold pollld' 320: Dollar

T.S.S. "MERRY MOLLER"

NOW IN DRYDOCK FOR SURVEY

EXPECTED TO RE-COMMENCE SERVICE

10th JANUARY,1549,

MOLLERS (HONGKONG), LIMITED

Queen's Buliding

HONG KONG.

(Amer gold coin of 5 dollars), NEAKIN yer (per Klio) 805

440;

(New) 67, Crawfordi (Old) 200.

(New) 256.*

Bincere 90an.

Chink Emporiui 9%.

Son Co., Lt, 40.3

– Kwang-Bang long -1399..

Wing On (EK) *£65®]

Wm. Powell, Ltd. 11p. MISCELLANEOUS:

"China" Eritasfaldments 300.

ILK. Constructions (Old) Sb.

(New) (b.

Vibros (014) 256.

(New) 14,

Maruman Inveilments D/#. Marsman (HK,}' −3.69m.

Shanghai Loan Bha Yengtases 46.

COTTONE:

Ewo 10

RUBBER ETC. COMPANIES,

Anglo-date •1⁄4in

Cheng Rubbiri 700.

Consolidated Rabbits 14in. Dominion Rudbæran. -

Kota Bahror in. Fagens Rubbers in. Rubber Traits 11Ch. Gamageza Hübbers 1.10n. Bhangal Prðanir 2u. Miani Merahu it, Tebang Rubber Sp Zlanabe Rubbera n..

Money Market

AMERICAN PRESIDENT LINES Cargo Oil Tanks Refrigeration Cargocaire.

TO HONOLULU AND SAN FRANCISCO

́"President_Wilson" (via Japan)

Jan 15

"General" Gordon" (vla Japan)...........

Jan, So

President Cleveland" (vla Japan)”

Fob. 18

TO SAN FRANCISCO AND LOS ANGELES

Tresident Taft" (vla Japan)

"President Madison" (via Japan

Jan. 17 Jan. 22

"Mankato Victory” (via Manila)

Jan. 26

TO NEW YORK, BALTIMORE & BOSTON VIA PANAMA

"Dartmouth Victory" (calls Pacific Coast)

Free Gold Prices: 4000 Fr. French 10 franc coins 2,750; Swiss Franc 5,875; Union Latina 5,550; Sover- lg 3,496: Big 400; Half Sovereign U.S.$20 Coin 20,000; U.S. $ 10 Gold firmed up yesterday to]· Coln 14,150, Sovereign (in free HK$209 a tacl, after opening at US. per qunce)59.7; Nh- $200.87: It was down to $206.80

ounce) shortly after the chinning. At the| Protes in close it WAY $208.75

poleon (in free

1750 Dollar

U.S.

$101.0; U.S." STUR-market) $18.

U.S. dollars also recovered and [Paris] Fros Market Rates: closed.ar HK$5.01% after openide Ingots: Fine Gold ingots." With at, $6.023482934-2764 delivery of counterpart per Gold Yuan for Hong Kong de- gramme 234/244 Frs: Without | Bvěty: Váriva "from 4.03 dents Jo counterpart 001/840: Bilver Ingols, 4.25 cents: For Canton and Shang- bor Kilo 0,6006, 7:400s: Platinum hai remitices rates dropied fo Ingos, per Kilo 800,000, 850,000s. 2.8 cants and 2.4 cents respective

leuters 4790

Plastres opened at (RIK$7.50° ¤ 100 and closed at $7.65.

Pacific For Exit Live Tue

DIRKOT

Fast Regular Trans-Pacific

SAN FRANCISCO, LOS ANGELES

ALANG VICTORY” "GOVERNOR DIXON" "LOUIB BIJSE" ******* *

JOPLIN VICTORY"

"BEA SERPENT

Ban Frades

Jan.

Los Angston

OVERLAND

-NEW-YORK-CHICAGO DETROIT/TORO

FRHAL AND ALL "AMERICANA, CANADIAN OFFTIGA.

Bán · Fronelson, Los Angelee

1*, via Takia, fikk Tár a Kabe.

·BAH Frangiken, Las Angeles via Shanghai, Kaho a-Tekokuík

1

iy.

Tieals were unchanged. HK325:10 & 100.

1-ZNER() Guilders"

HK$84.80

13410

opened - and closed at

Sterling continued its advancď

to HK$128, "obbat - "Aus!füliári pounds remained unchanged $12.83,

NY RUBBER

Now York, January 7. Crude rubber standard futures cloned gulot with no epics.

Crudo rubber

futures closed; unclianked to ab higher. With "sales or

contracts:

March” 10.

May./18.45-80.

t

ROUND-THE WORLD

Jan. 24

VIA SINGAPORE, COLOMBO, KARACHI, SUEZ, ALEKAN-

NEW DRIA, MARSEILLES, GENOA, NAPLES,

"President Jefferson"

"Marine Snapper"

BOSTON

"President Polk" (calls Manila),

St. George's Bldg.

TORK and

Jan. 15

Feb. 1 Feb. 4

TOL Nos. 2817E #28175

Ammerteam Promeer Line

Arrivals from New York, Boston,

Other Atlantic Ports via Panama

"COURSER" "PIONEER WAVE"

"COURSER" ......... "PIONEER WAVE”

Sailings to Manila

In port

Jan. 23

Jan. B

Jan. 24

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

Panama Canal

Special Cargo Oil Tanks

"RESOLUTE" "COURSEN"

Das Jan. 15

Due Jan. 23

Salls Jan.. 18

Sails Jan. 24

For Full Particulars Call

UNITED STATES LINES

Queen's Building.

Company

Tel 31251 (9 Unea)

BEND LINE

ARRIVALS

BATP

FROM

Japan

UK.

8.S. "DENNEYIR S.S. "BENVRACKI8" 8.8. "BENVENUE

SHIP

8.8. "DENNEVIS“

8.8. "BENVRACKIE” 8.8. "BENVENUE"

SAILINGS

TO

nina

8th Jan,

17th Jan. 2nd Half Jan,

+

Aden, Fori Said, Havre, London, Antwerp, Rotterdam, Hamburg & Hull.

LOADING

8th Jan.

Buoy A. 10.

Dua Jan-

For Further Particulars, Apply To... ... ....

W. R. LOXLEY

-York-Building,

Mid Feb.

CO. (CHINA) LTD.

Agents

-Telephone:- $4165.

KLAVENESS LINE

SAILINGS

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

M.S. "BOUGAINVILLE"

18th January

ARRIVALS FROM PACIFIC COAST

MS. “BOUGAINVILLE”

MS. “FRANCISVILLE”

17th January

17th January.

Salling to Singapore, Penang & Batavia

M.S.FRANCISVILLE"

Passenger Accommodation

Chinese

HOO FOOK PING

18th January

Hark 'Of Tanks Apply

THE BANK LINE (CHINA); LTD.

Spot No. Pribbed smoked shoots THE BANK LINE (China) Lids King's Building, Tel. 27702. 10% nóminal,