1949-01-13 — Page 12

Pliko 112

"THE CHINA MAIL, (THURSDAY, JANUARY 13, 1940.

·

ROYAL INTEROCEAN

LINES

Passenger and Freight Burias

JAVA-CHINA-JAPAN SERVICE

"TASMAN"

"TJIBADAH"

́ ́~TJÍTJALENGKA“

*TJISADANE“

Arrivals

from Amoy 19th Jan,

In port

from Macassar

& Javaports

* Jun

from Macassar

Be Javaports

4th Feb,

Sallings

to Javuports & Macassar,

21st January. to Javaports & Macassar

3rd February,

lo Javaporté

& Macassar

3rd March.

10 Javaporta

& Macassar

17th Feb.

ASIA-AFRICA-SOUTH AMERICA SERVICE

TEGELBERG"

BUYB"

Arrivals

in port Calling Mutabasa directly

trom

South America

South Africa

17th January. from

Suuth America,

"STRAAT SOENDA"

& South Atrien,

South American

"BOISSEVAIN"

9th March.

from

& South Africa, 29th March,

Salling.

to Shanghal 14th January

to South Airles

& South America

25th January.

to, South Africa

& South America

25th February.

to South Afric

& South America,

22nd Moreb.

to South Africn

& South Ameries, 18th April.

Transhipment cargo on through Ba/L to Dar-Es-Salaam. Zanzibar accepted on all sailings,

SUMATRA MALAYA-CHINA SERVICE

"TASALAN"

Arrivals

fen Amy

1911 Jas.

Sailings

to Straits

to Singapore

211 Jan

*VAN RIEMSDÍJK“

from B Del

& Straits

27th Jan.

"VAN HEUTSZ“

1 pu

& D Dell.

4th Feb

In Straits

& B. Dell

26th Feb.

Agents: HOLLAND-EAST ASIA LINE

"MEERKERK”

RIJNKERK"

"MELISKERK"

Arrivals

from Japan. Shanghai 27th January

from Europe Early Feb.

from Euruge Tory March.

Sailings

to Europe via

Manila & Straits,

28th Januncy,

to Europe via

Alain & Straits,

Mid February,

to Europe vic Monila & Straits Middle March,

Transhipment cargo on through Bs/1. nccepted to

Mediterranean and Northern European ports.

Office Address: Klog's Balding. Phones: 28015, 28016 & 28017 Chinese Agents: 82. Connaught. Rd.. Tel. 31196 & 21533

DE LA RAMA LINES

EXPRESS CARGOLINER SERVICES

TO AND FROM PACIFIC ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST

VIA LOS ANGELES & SAN FRANCISCO ..

m.y. “DONA ANICETA”

m.v. "TONGHAI

22nd Jan,

7th Feb.

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

m.v. "BENARES" (Direct)

m.y. "DONA ANICETA"

19th Jan.

24th Jan.

THE DE LA RÀMA STEAMSHIP CO., INC.

cincorporated in the Philippines)

MARINA HOUSE Tain, 29076--22078

CHINEBE SHIPPING OFFICE Tel. 28788-20158

THE EAST ASIATIC CO., LTD.

'OF COPENHAGEN

M.S. "MALACCA"

Loading about 10th FEBRUARY

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN, Tanks available for the earringe of oil in bulk.

THE EAST ASIATIC CO., LTD. Queen's Bldg., id floor.

TEL 34111 & 3411K.

CHINA MERCHANTS S.N. CO.

të Connaught Road Wast

S.S. PEI PEN

SAILINGS

FINANCE AND

COMMERCE

TRANSFERABLE STERLING IN

MUCH DEMAND IN NEW YORK

Hong Kong Stock

Exchange

'Now York, 'January 11.

Transferable sterling is traded over the counter in

Now York..

This cheap sterling is bought against dollars and has

been used to pay for U.S. imports or to finance trade between third countries.

About half a dozen money dealers specialise in this busi-

ness.

This

sterling, which

romes

Double Taxes

A very quiet and uninteresting from sterling tredits held by in- Agreement

Intrning.

JL.K. GOVT, LOANS

155 Tran 162)ýb, 1021ymm 24% bonu (1934 a jueu, 100%. *NAR Lent (19th 1076. BANK#

H.K. & Bank 17158, 1910s, 1800an. H.K. & S. Bank (Lon, Reaj &1*30. Chartered Book 11/13/16». Meranie Batsk A. & n. £22. Bank of Baat Aale 1626.

INSURANCES

Patras fom, 77bes.

Union Ina, 720.

China Underwriteza 5.90%.

1.K, Fire 164, 270km. BRIPPING

Daten

HK, & #

an.

Stenmibenta 17 K n. Tudo Chine (Pret: 95n, Panda Cblows (bel | 1500.

Shells (enter) 58/9,

U. Waterfonis 30.

Ania Nav, 12.

DOCKS, WHARVES, GÓDOWN», Etc.

M & X Whores (0) 1366 1330.

I.K. & X. Wharves (N) 127.

North Point Wherver takes.

Bb Kongkow Fun.

H.K. Docka 27.

China Providenta 29%

S'ha karda 11.

Whelocks 24h. MINING

Itnuh in Rijn. H.K. Mites Jurake LANDS, HOTELS & RLVGR.

,, Hotels 16.2, 1874am. 12. Lau 06, G, Comm Bhat Lunds 7.650. Humphrey (0) 15.10. Humphrey

IN) 13.

TIK, Real 2. Chinese Extat 130. PUBLIC UTILITIES

1.K. Tramwaju 20.95., 24.20m,

Penk Trams (0) Zim,

Peak Traton (N) 115

Star Fevers Tib.

G. Blubne (a) 14,40%.

C. Lights 10,209.

1.K, letries 171, 27%. Maru Eletrica 28

Sundakan Lights 10%.

Telephones 150.

Shahul fins plan. INDUSTRIALS

Cold. Marke. (Ord) 10 Canton Jer in.

Cemento 1.

X. Rape 20. STORES A CU.

Dairy Furma (0) 41996. Dairy Farms (N) 45. Welwitte 103 61, 628, Gisa. Watson (N) BEU, Ghe.

L., Crawforda (0) 20%.

L., Crawfords (N) 23. Hincere 4.6cb, T. China Emporium 10%. Sun Co., Ltd. 4. Rinne Bank Inns 1920 Wing On .K.) 106. Wm. Powell, L. 11. "MISCELLANEOİB -

China Entertalcuments 351. 1.K. Construction (0) So, H.K. Constructions (N) 40. Vibram 101 200

Vibrow (N) 14m. Meraman, Invesmenta 97%, Maraman, CH 1,00. B'hal on 3. Yangtane 0. COTTONN

. ..

RUBBER, 16 COMPANIES

Anglo-Java 6.

Cheng Rubbers 70%. Comelister Rubbers 21. Dominion Rubbers · 2n, Kol Bahrom 20. Padang Rubbers in. Rubber Trusts m Karagan Rubles 1.10. Shanghai Pahang 20. Tanah Merahın, „002. Tebonu Rubbers Con Zinnate Rubbers on.

dividuals is usable only against Imports from some foreign coun-

eventually returns try. It London

to

American and foreign buyers who possess dollars and get the Bank of England's approval can thus buy goods from innny Im- portant trading 'breas

the world at about 15 to 25 per cent below sterling's official rate- provided the seller of the goods

willing to necept sterling, There is nothing illegal about the

of transferable nc- usuke count sterling, since according to tenders, every transaction re- quires the Bank of England's approval, but it is suspected that applicant du not always disclose full details lo the Bank of Eng- land.

Large Turnover

Some deals would not be ap- proved if all fnets were known, Furthermore, the Bank of

With Malaya

of

London, January 11, Britain hos concluded double taxation agreementa with the Federation Malaya and with Bingapore, the Department of Ihland Revenue announced here to- day.

The arrangements, which

today wore published schedules to draft Ordervin- Council, faltow the same pattern

AMERICAN PRESIDENT LINES

-Cárgo Oll Tanks Refrigeration-Cargocaire

TO HONOLULU AND SAN FRANCISCO

"President Wilson" (vis Shanghal & Japan) ...... "Gëferá1 ́Qöïðbri“ (Via 'Shangital '& Japan; "President Cleveland" (Vla "Sharigīts!"& 'Japan)

London

Jan. 15 Jan. 30 Feb. 22

TO SAN FRANCISCO AND LOS ANGELES

"President Taft" (via Japan) ........

*Jan. '17

"President Madison" (vla Shanghai & Japan) "President · Flerco" (via Japán)

Jan. 28 Feb. 10

Stock Exchange

London, January 11, The Palestine situation remains the dominating influence in the London Stock Exchange today. Trading Was maid price changes slightly irregular.

Although a more hopeful view la takan In the Palestine situation by market

and pric dealers, uncertainly rema|19| moved withla narrow Emita,

-led Forg-fated' sideka ·WETE tr amall demand but the short-dated inter were on offer and declined fractionally.

There were few rintable “movements In industriala. Berwerten, however, Expert- the previous "aced renewed Suvestment buýtne and agreements with other Col-

there we qufet ' firmware. In fedha an onlen. Rauter,

Hateen. Minerlinneatly ·lemfira realised

Advance On Wall Street

New York, January 12. A slow pull abend in late deal- England -regulationa have Ings wiped out or trimmed earlier sometimes · baan circumvekted losses in the stock market yester. here and abroad by exportor day. Price changes either way trannhipping or otherwise die. were mostly fractional artd the Quising the origin before ap-clase left the fist abuut where it plying for the Bank of Eng-started. land's approval. Business slackened

recently

Transfer totalled 10,000 shares but larger dealers here continuene of the slowest sessions in well occupied.

Gold justies were 16 belleved nonilis.

far favoured but without a large the turnover I still more than the Dunk of Englund turnover. Dome Mines closed

higher at 15% and Mcintyre Por- has ever exprċied,

rupine at 46. The gold advance puzzled analysts.

British transferable sterling is currently around $3.31. Belgian 3.65, Dutch and Chilean 3.31. Argentine and Palestinian 3.67.

Saudia Arabian 3,20.

Rates vary in accordance to

the Bunk of England's classiften-: tion of countries Into

Other gainers were Consolidated Vulice, Superior Oil of California, United Airlines, Sinclair Ol},

Dow Jones Averages:

tendly,

Always sensitive to Middle East politie, olis muted Inwet. Ans-trandan "were marked lower in newe that the Persian Government are making for' a Targer' share In the company's profit.

Malitiained Armies in the price of the conimodity encouraged further support for rubber shores. Other commodity shares remained stendy,

Chen gain alom prevalled la Bouth African mininga. Prices were widely few petice lower with the market die- turbed by reports

да claims by workers. In the fashistry, SECURITIES

ابه

British Concola, 215760 1950 Couseraton Lent, 83%, 1981.. 106% Funding Lean. <*%. 1060/99 War Loss, $14%, 1942 War Loan,

Victory Bundo, 45%

INDUSTRIALS

.. 1986

1084

10014

118%

tritish Anseelen Tobiers (of

-18-13/16 G., & Ireland; Imperial Chement Indient, bhd. 48/10 Imperini Tobaren Co, (or G.B.

& Trefands TEA SHARES:

Assam Consolidated Tea

Ansson Frontier Ten Assam Ten Company

Texas Imperial Tea Company

TO NEW YORK,'BALTIMORE & BOSTON

VIA PANAMA

"Dartmouth Victory" (calls Pacific Coast)

ROUND-THE WORLD

Jan. 21

VIA SINGAPORE, COLOMBO, 'KARACHI, SUEZ, ALEXAN- DRIA, MARSEILLES, GENOA, NAPLES,

BOSTON

"Marine Snapper" "President Polk" Yaalis Manila) "Mount Davis" (enils Manila)

St. George's Bldg.

NEW YORK and

Feb. 1 Feb.

Feb. 16

Tel Nos. 28172 /Z8173

American Promeer Lune

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

Jan. 21 Jan. 30

"PIONEER WAVE" "PIONEER LAKE"

Sailings to Manila

..

"PIONEER WAVE" PIONEER LAKE"

Jan. 24

Jan. 31

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

Panama Canal

-Special Cargo Oil Tanks-

B-11/15

21/3 18/ 22/A 27/-

**RESOLUTĖ“ "COURSER"

Đức Jan. 15 .Dde'nu. 26

Balls Jan. 16

Salls Jan. 27

-10/2

For Full Particulars Call

27/~

MINE BUATG8+

Burma Cor

1-2/11

Nubdyror Minu

13/-

13

Spring altar Sub Nigvis

7/

3-5/14

1/3

Union Corporation

201/3

OIL SHARES! Barat Dutch Co.

****

Shell Transport & Trading Co.

2-11/15

Crown Mine

Among Inggards were Douglas Ducars. Ten Company various Alreraft, Western Union, Santa | Eme, of India & Cerios Tea sterling groups.

Santa Fe, Union Pacific, For example, Italian sterling Company. commanded about 3.85 deliur's when Italy was in the bilateral group but her move to the trans- ferable group is reported to have reduced the rate to round 3.40. -Reuter.

INDIAN BAN ON HIDE EXPORTS

New Delhi, January 12, The Indian Government today connounced a bun effective Imme- diately on the export of light- weight hides and skins because of

the shortage of supplies for the domestic tanning industry.

Two thousand tons of light- weight raw hides and 150 tons of raw sheep skins will be set aside, however, for export to hard cur-

rency areas.Associated Press.

Stocks 05.59; 20 Industrials 180.76; 18 Rails 83.37: 10 Utilities Ratsd Mine 34.33-Associated Press.

SILVER AND GOLD MARKETS PPING

P. O. Steam Navig. Co., ord. 81/104 GILTEDGED: London: Silver, Spot ilne ounce Findlus Lean, 3% 4214d, Forward 4244d; Bar, Gold, National War Bondr, 24% Per fine ounce 172/3.

New York: Silver, Bar, (asked price).70 cis.; Bar, Gold, per fine ounce (official) $357

---1049/EI

1952/54

1984/20

1051/63

Savings Bonile, 3% t

1956/05

116/70

UNITED STATES LINES

Company

· Tel. 31251 -(3- Ilnes)

..... 104

100-21/32 103K 102-11/18 102-8/20

-Queen's Building,

104%

102-11/10

101

tolas Rupees 170. Annas 00; For- 195/5

Bombay: Sver, Reidy, per 100 ward no trading: Marwari (Un-Exchequer londs. 16, 1950: 100% official) no trading: Gold, tetiver Retemulinn Stock, 8%, 1890/90 100% ed, per fola 113, 94; Forward (un- PORRIGN BONDS: official) no trading; Gold, Sover-German Thein (Dawn) Tr% eign 74, 02. (One tola is equal Japanese, 1907/47

Japanese 655, 1021/69 to th of an ounce.)

*

29%

*2*

| Jap. 8. Manchurian İtir; 6%, 1928–16

Bangkok: Coki, Bir. Baht-BANKS:

1

19

CEYLON TALKS WITH CZECHS

London, January 11. weight of 15,244 grammes un- Chartered Bank of I, A. & G. 11-12/18 Trade talks between Ceylon and quoted. Exchange Rate (Sellby) Hens Kons & Shanabal Bank 103 Czechoslovakia will start in Lon- Bangkok on New York T.T. 20.05; Manila Bank of India "A" *24 don shortly.

COINESS EXTERNAL LOANS London' 63.75; Hong Kong 3:04. Dr. Bohuslav Kratochvil,y Czechoslovak Ambassador in Lon-Alexandria: Fine Gold (Dir-lukuw Railway,

Long-Taing-U«H«¡ Ryn.,60%, this hem) 150; Egyptian don, called today on Bir Oilver (Fouad) 400; Sovereign (King) Uzlap Loan, 5%, 1912

pounder Loan, 6, Lon. Tue. 1923 14 Goonet lake, High Commissioner

412; Sovereign (Queen) 410; Na-nks Railway, 56, 1911.. tor Ceylon-Reuter

polcon (Louis) 940; Union Latine Henan Hallway, 5%, 1905 ........ (1 coin of 20 francs 'gold) 300 Shanghai Nankiner Rlya, 615.. Turkich Gold peund 320;/ Dollir Kowloon Canton Railways, 5%, (American gold coin of 5 dollars) 440; Pure Silver (per Kilo)-805: -Beirut: "Sovereign (King's Head) 47.20; Turkish Rashadi 30.25; Mexican ingot

FASTEST DAILY SERVICE TO · AND FROM MAUAU

T.S.S. "MERRY MOLLER” Napoleon 35.50;

NOW IN DRYDOCK FOR SURVEY...

EXPECTED TO ́RE-COMMENCE: SERVICE

17th JANUARY, 1949

MOLLERS' {{HONGKONG) LIMITED

Queen's Building "

TRONG KUNG.

201,50.

Paris 'Free Gold Prices: Napoleon 6,125 Frs.;- French 10

'Sterling' Bonda

BEN LINE

16

SHIP

D

D

"BENVRACKIE”

"BENVENUE" "RENREOCH"

11

Bestar

Money Market

franc coins 2,820; Swiss franc Gold opened at HK$202.75 a 6,000; Union Latine 6,775; Sover- tael yesterday and closed at cign 7,576; Half Sovereign 3,540: $301.02. These were the highest U.S. $20 Coin 29,500; U.S. $10 and lowest rates. The market wus Coin 14,480; Sovereign (in free quiet.

U.S. $ per ounce) $100.9; Napoleon US dollars opened, at HK$5,- ( free U.S. $ per ounce) $103.005% and closed at $0.054. U.S. Dollar notes (in black- Gold Yuan was quoted at 3.3 market) 613.

tents for Hong Kong · delivery, Party Free Market Rates: 2.35 cents for Canton remittances, Ingots: Fine Gold ingots, with, and 1.75 cents for Shanghal re- delivery of counterpart por mittances. gramole #234/244 "Tra. Without Plastres opened at HK$7.8% a counterpart 820/880; Sliver Ingola, 100, and closed at 17,7212) per Kilo 6,000b, 7,4006; Platinum Ingots, por, Kilo 800,000, 850,000s.

Reuter

Pacific Far East Live Inc.

iti

Fast-Regular Trane Pacific Service

OVERUNT

NEW TORK-CHICAGO DETROIT-TOKONTO, MONTREAL AND ALL AMERTUAN:& CANADIAN CITIKA.

Telophone 81883

BAM TRANGISOO, LON, ANDÎLES

Ball

SanFranciace

JAD. 18

Jan. 23.

-Làn Äänited

Lou Angelo Bat-Francisos

Jam X

Jan t

San Franety, Lou Anaslon, vis

Jan. 21

S.S. HAI USIA ..

Wenčhow & Shanghai Jan. 15 Singapore

(With Passenger Accommodation) fCardó fór Taing-Tão, Hankowza Trobtain acceptable

on through bitte of fading.

For full particulara pićemá dypty to the above,

"ALAKO "VICTÒRT”

"COVERNOR DIXON" "LOUIS KLO58" "FURFRHE" "JOPLIN VICTÖRT”

"BEA SERPENT" ↑

↑ Full Battlersted' About Dry Cargo Bar "tóa

full particulars cali General Agents, UNITED STATER

JARAN KIRAJ THING

"Bad "Fréndises” Zhu "Ahzbton –

** Vid ThẨno, Také Bár & Kabe

Ticals

wero inchanged- at HK$21 a 100.

Guilders opened ;ft "Üksi 33.90 a 100 and was unchanged throughout the day.

Sterling after its continuos rize of the last few days, dropped back to HiR$150.

woraum-

Australian pounds changed at ifKs12,33.

N.Y. RUBBER

New York, Jamónry, 12. Crude rubber standard-futures closed one lower.. Balks were wide contracts.

March 70.23-bid,

Crude rubber No. 1ratura closed' ve 'tarven lower, Salts "wette (55 "contracta,

· March 19:33 bid.

PMKY-19:30, barn

July 19.05 MIL

89 Wo. 1 ribuod imickou -Wheels 19%

Press

ARRIVALS

FROM

U.K.

SAILINGS

'Hamburg, 'Hull and

DUE

17th Jan.

Early Feb.

12

H

Also to Aden, Port Said, Havre Antwerp, Rotterdam,

"BENVRACKIE" "BENREOCH"

"BENVENUÉ”

Liverpool London

EXPRESS SERVICE

Direct Hong Kong-London !(about 28 days)

via Singapore

20th Jan, 1st half Feb.

Early Feb. (Also accepis cargo for Continental Ports).

"For Further-Particulars, · Apply Tu--

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

..

York Building.

Telephone: 4105.

KLAVENESS LINE|

SAILINGS

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

-MLS. “BOUGAINVILLE”

18th Jabilary-

ARRIVALS FROM PACIFIC COAST..

M.S. BOUGAINVILLE”. MS. FRANCISVILLE”

17th January 18th January

Salling to Singapore, Penang-&\Båtavin

M.S. FRANCISVILLE”

⠀ Fáméngur, Jaccommodation. Chinese Freight Agents," HOO FOOK PING

THE BANK LINE (China) Ltd

19th January Baik-Oll Toka Apply

THE BANK LINE *^(CHINA) LTD. King's Building. Tel. 27791