1949-01-14 — Page 11

BUTTERFIELD & SWIRE

Agents: CHINA NAVIGATION CO., LTD.

“Poociow"

"SINKIANG"

"PRODUCE”

"TSINAN"

"POYANG"

"HUNAN"

SAILINGS TO

Singapore, Macassar.

Sourabaya & Batavia 4 pato. 14th Jan, (Shanghai) Amay,

Awalow, Slagapere. Palembang Shin &

Mirk

Bangkok

Swataw

Takao, Shanghai,

Yokohama, Naruya

& Robe

Bebon & Pusan

"HEINRICH JESSEN"? pie & Pruang

"SHENGKING"

Shanghai

Bails from Custodian Wharl

*** ZECHULN"

"POYANG" "UNAN" "SHENGKING"

"FATSKAN"

"WUBUER"

5 p.m. 15th Jun.? #wan, 16th Jan, 3 p.m. 18th Jan.

4 p. 19th Jan. 20th Jan.

•

4 p.m. 20th Jan,

4 p. 21st Jan,

*

ARRIVALS FROM

1th Jan.

dangkek

Test 151519 Shaarbai & Reelung

p.m. 15th Jan. 16th Jan, 20th Jr.

RIVER SERVICE

alls Dee

funden 9 pm, 11th Jan. Alpes 19 Caning 10. 13th Jan Sail for Marzo 2.30 pm. 18th Jan, Arties fre Macus 38 am, 15th Jan

Agents: BLUE FUNNEL LINE

"ANCHISES" "TANTALUN

"CYCLOPS

"ACHILLES"

"MEDON"

U.K. SERVICE

Arrivals from

T.K. via Straits

5. via Straits

F.K. la Straits & Manila

Sailings to

16th Jan. 21st Jan,

29th Jan. 100 Fr. 14th Th

"AENEAN"

Genoa Marselles ő liverpool via Arden & Port Sail

24th Jan

"ANCHISES"

Have Perion & Glasgow

ha Mlen & Port Sa

6th Feb,

NEW YORK SERVICE

"MEMNUN"

Arrivals from

USA. via Maulla

181 Jan.

!

Carriers option to proceea ela ather Ports to load & discharge

cargo.

Agents: Australian-Griental Line; Ltd.“

Sailings to

"CHANGTE" "SHANSI

Jap

R

"CHANGTE ESHANSI

Ny duey,

Melbourne

Belshanr Arrivals from

Sydney & Brisbane Australia

1 week Feh

2nd week Feb.

29th Jan, 1st week Feb.

All The Abone Subject To Alteration Without Notice.

General Agents for:

Booking Agents for:

AUSTRALIAN NATIONAL AIRWAYS, CATHAY PACIFIC AIRWAYS. 5KYWAYS FAR EAST), LTD. B.O.A.C., C.N.A.C., HK, AIRWAYS, P.O.A.S., P.A‚A., P.A.L, ¤nd NW.A.

For Pasage and Freight Particulars Apply To The Above.

AROAD, CENTRA

Exchange,

Tels 25875 32141,424878)

THE DOUGLAS STEAMSHIP CO., LTD.

S.S.

** KAIYANG "

SAILING TO SWATOW ONLY

FRIDAY 14th JANUARY

FROM DOUGLAS WHARF

Subtret to gueralion without Notes.

For Particulars of Freight & Passage, Picase apply to:-

DOUGLAS LAPKAIK & CO.

General Managers.

P. & 0, Building, 6th floor. Tel. No. 01281

OF

CHINESE SHIPPING DEPT.

EO Connaught Road, Central. Tel. No..24659

HOLLAND-EAST ASIA LINE

S.S. "MEERKERK"

LOADING ON/ABOUT 27th JAN.

FOR

:

MANILA, SINGAPORE, ADEN. BUEZ, PORT SAID, ALEX- ANDRIA, GENOA, MARSEILLES, ANTWERP. ROTTERDAM, AMSTERDAM, HAMBURG, COPENHAGEN, GOTHENBURG. &.

OSLO,

ROYAL INTEROCEAN LINES

Incorporated in the Netherlands as Koniakiljko Java-China-Paketvaart, Lijnen N.V.

Amsterdam

King's Building, Connaught Road.

· Tols." 20016, 2010, 29017.

THE CHINA MAIL, FRIDAY, JANUARY 14, 1840.

Britain Increasing Her Gold Reserves

London, January 12.

Britain's gold and dollar reserves-increased by £20 'million during the last quarter, the Treasury

announced today.

Having fallen from £552 million at the end of March, when the European Recovery Pro- gramme began, to £457 million at the end of last month.

for

1

In the last quarter, the not The sterling area's net deficit gold and dollar deficit of the of gold and dollars in the whole wns E 433 million. sterling aren, before allowing year of 1948

This comprised £264 million in £93 ERP receipts, was

the fist half of the

year and nillion against £76 million in le third, 107 million in the second, and E447 million in the i first quarter.

of the deflent of 183 million, million Wes Loverv by Bela's drawings on the Inter- natia Monetary Fund paid Into the control reserves held in Lon- fdon.

Jen vind £87 tallion to be Immo for the reserves

fro ERP atd.

The rumbasement of ERP ald

WIN £ 107 Larring the gunster

million. Hence

11

the increase of 20 ar Rion on the reserves,

1! was offruly stated today:

reserves

The dirty 12 the trepinit broadly in ne with our ERP allocations, after allowing for spreml resources such India's drawings on the Inter-

cod Monetary Fund."

the

169 million in the second, This reduction between two half years is regarded as encouraging.--Reuler.

Experts Said' He Is Dead

Charlerol, January 12. A panel of medical exparts confirmed today that 61. 'year-old' Jean Clobours, • farmor of Leaver, near Charlerol,

dead and should be burled.

Bishops Break Off Talks

Budapest. January 12. The Bench of Bishops pt the Catholle Church in Hungafy an- nounced today that it is unable to continue negotiations with the flungorlan Government, begun shortly after the arrest of the Hungarian Primale, Cardinal Mindszenty.

The talks began on January 4 #1 the request. of the Prime Minister, M. Istvan Dobi, bul only

one meeting took place. The secand; due last Saturday, Was hla

cancelled without explana- fon nt the last minute.

The funeral +1 Clobours, who died last Saturday, had

because been postponed relatives and. friends bailey. ed that he le alive.--Reuter.

Wheat Agreement

Chances Slim

Washington, January 12.

The chances of an international agreement on wheat being reached at the World Conference begin- ning on January 25 are considered slim.

The prospects are much less p favourable even than last year when prapostd

11

live-year agreement broke down because overlook the United States failed to

ratify it.

Good As Gold Although the ERP Author!

Whahington

ties in

me of the arrears of reim-

bursements during the Jact Last your's Agreement was inse in the United States.

quarter, they can novar gei

exacity current.

negotiated against a background of high prices and senecity, with When ERP ends in June, 1952, one foreseeing that these two Britar will still be owed some factors could undergo much Spombursemetits, though less than change in the next five years,

the present Agure of £90 million. Today the situation has altered

chebt, due from the United' and the Such R

Initiative In Reaking Citaten Tanastery, may

been transferred re jugreement has 11. gold,

overagely' from importing to export- hot actually in the gold og nations.

reves until a tle later.

In the coming year wirent sup- use the first three quarters ply and demand will probably be kle the sterling aren's net approximately equal and in the ferit wa 276 million. Of this, following two years supply will

A lion wid covered from [exceet demanark,

and Monetary Fund pose on importers an extremely meult choler in committing themselves to take certain quan-

ties at Axed prices.

Inter

2 balance of £246 million is three-fifths of the abat

t

Ar-1

#

These facts in-

435 min 5.5

st ERP nid olleen!, Price levels with provoke long the Zerting trea for the argument at the coming confer- enting nextence and the opinion is growing Jane (1473 on to Britain that unless exporters are willing non 10 Eire, which to take a long-sighted view and within the sterling area). Recept lower maximum and mini- mum prices than those proposed last year, there is little chance of

now Kreement. Last year

France and China This year were big importers.

A Good Sign

Thus the sterling area in sur- Feeding in lving within 1/10- voluted dollar aid that it is getting, but it stiil has to arrange | Fenice may even become a limit- to Hve without dollar aid after

el exporter. The situation in June, 1952.

China is uncertain and there is that the the future passibility tere had one quarter's raim Argentine may seek to participate bursement in gold from South as n exporter with Australia, Africa of hard currency paid Canada and the United States. out by Britain

Банг Africa's behalf,

Each of the last three quar

OA

As these settlements are matte

Jane quarter in arrears, Britain at the end of December was also towed on quarter's reimburse

ment from South Africa,

MOSCOW LATEST

ERP Complication

The bishops, announcing their decision in a letter to the Pre- discussed

the

Monday

mier, said they had

between current problems Church and State at a meeting on and had found that for the moment they are not in

tion to continue the talks. position to

the 12 Some of

members of the Bench of Bishops are per- sonally in favour of continuing the negotiations finitely opposed,

and four are de-

Budapest political circles be- lieve the bishops had received Instructions from the Vatican on the talks-Router.

Panay Volcano In Eruption

1

Manila, January 13 Hot lava is spilling over the crater of volcano thought

Panay Island, extinct on Manila Times despatch said to- day.

Canada already has 50 to 70 million bushels of wheat on hand, The Marshall Plan legislation provides that once the commodity declared surplus in the United States, as is expected, Marshall Plan wheat purchases must be The United States and Canada will have to come to some r rangement on this matter before

Government volcanologists in the Dominion will be prepared to enter into an international agree-Manila state that nu official res Iperts have been received Trom ment like that of 1948-Reuter,

the Central Philippines on the

AUSTRIAN IRON FOR JAPAN

crater activity.

The Times suld a single strepen of lava is trickling down a Mountain near Leon municipality and is threatening a banana plan- Vienna, January 13.

Leon is 20 miles North tation. The first shipload of Austrian West of Holle, Panay's captant,

left Trieste for pig-iron has

Mountain people reported fre Japan.

and smoke ejected from the em

Leon town! Announcing the shipment to ter every 30 minutes. day, the United Austrian Steel officials who visited the spot re- and Iron Works said it marks ported that isolated huts of non-

living

on the the beginning of a series of sub- Christian tribes stantial deliveries of pig iron thickly forested mountain sklel

ITL not dariger.--Associated contracted for Japan to Ameri- are can buyers.-Associated Press.

Press.

of

Unrest Cause

Rice Shortage

Washington, January 12. Political disturbances which have restricted trans- portation hava kopt 300,000 tons of Burma rice off the world markets in 1948.

was only

41 pel

Both Russia and the Argentine This is according to a report, total, which have bees Invited to the confer by the Foreign Agricultural cent of the pre-war average. enec, although neither were part-Relations Onice of the Agricul-

les to the 1948 agreement.

Russia is unlikely to attend, ture Department,

London, January 12.

world does not The Western have us necurate time as that in

Russia. Radio Moscow clained plicated_by

today.

0.006

ot

Indo-China

In

Blam is expected to be tha primary export source 1949, with shipments totalling 1,375,000 tons or 88 per cent of before the war. This compares with 850,000 tons in 1048. Politient unrest is also blamed for retarded recovery in French Indo-China's rice production.

P&O B.I. E&A

COMPANIES.

PENINSULAR & ORIENTAL S.N. CO.

PASSENGER BERVICE

DUR HONGKONG

Erd February

10th March

17th January 14th Februar

8th March 11th April

OUTWARDS

LEAVES LONDON

A "CANTO 15′′

** "CARTBAGH"

"COH

18th January

A "CANTON"

"CARTRAGETM

A "CORFU

7th April

Ord May

9th May

5th Zee

Via Southampton, Port Bald, Aden, Dombay, Colombo, Fenens &

HOMEWARDS

"CANTON"

A "CANTUAQI "CORFU"

A "CANTON"

"CANTUAGE"

"CORFO"

Bingapare

LEAVES BONGBONG

fist January

18th February

14th March

15th April

18th May

9th June

DUE LONDON

1165 FebruaIY

Riot Mered

18th April

18th May

18th June

11th July

Vim Aluapore, Penar. Colombo, Bombay, Aden à Fort Bald.

"BURAT

FREIGHT SERVICE

due 18th Jan, from Japan, walle 20th Jan, for London & Continent

vin Biraita 4 Colombo,

Arrent carga Tor Bombay, Karochi and Termina Gull Porta vim Columbo,

+4

TREVEAN"

M... "AONALI”

...

MALLYAN"

IN TREVINCES

...

.....

W

1st 19, Kenm Japan & Bhangbai, 3rd Tb. fem Straits, Bombas, Kara- ad, Tumabet & Continent,

baden, taym London & Continent

Huntla

PMS PA fas Lavadon & Content

"al-w{It

+

from lin 4 Continent KIR ED

Do Shughal & Japan,

h14 -zalts Mber Match for London & Continent.

"STRA 11 with UVUGUAITE and "SOMALI" wilb Gilded by my mum ventilatie, and both abipe have space for refrixeristel v ad wid 197 builder

گار

BRITISH INDIA S.N. CO., LTD.

de Dind Jan, from Japan and Amor,

nails 20th Jan, fur

Pensez, Singapore. Itattoon à Calcutta,

de 23rd Jr, frum Calcutta vis Rangoon A Strait, anile 28th Jan, for Amay und Japan,

uch Feb, trum Japag ♣ Am:03. alla 13th Feb: fur Birita Kangoo

HANATM {Aprat J.me)

La.

"BHIRALA“ (Aprar Line)

. "SIRALATM

Que

(Apear Line)

m. "SANGOLA"

(Apc Lim

All thewalsips have

Calcutta

due 14th Feb. from Calcutta vin Baraiso, zelis 17th Feb, fur Ainoy and Jayan,

Refrigmented Cargi space.

EASTERN & AUSTRALIAN S.S. Co., Ltd.

* "NANKIN"

·

"EASTERN"

loads in New Zealand & Australia to January February for Hong Kong. Shanghal Japan.

loed in Australia in February for Hous

Kong, Shanghai & Japan.

Il particulars apply to:- MACKINNON, MACKENZIE & CO.

Telephone Nos. 27721-4.

but it is believed that the Ar- Rurin, which before the war genting, which is today feeling was the most important exporter the affects of Increased world of rice, showed the greatest pro- supplies on its wheat sales, may mise for recovery toward pre- choose to become a partner in

war production and trade until any future agreement.

August. The sRuation is further com-

About 1,650,000 tons of rice Re- the European

was reported available Lor ex- Exports in 1848 were approxi- covery Programme, as it affects

mately 210,000 tons which was # The broadcast salu the Rus-Canuda. The Dominion is an-Port during 1948.

Since August, however, politi-big increase over 1847, but stil stans time measurement is ac-xious to regain its independent cal disturbances had resulted in only 12 per cent of pre-war de

Unless the political curate to 0.006 seconds. It point footing in its historical Europen

most of the an accumulation of stocks in the liveries. rt that this compares with markets, Including

interior of the country and lack situation Improves. It is not ex- in Marshall Plan notions, excluding 0.009 Britain,

that export quantities rice nt ports for shipment pected Washington and 0.017 in France. Britain, with which it has bilater-abroad. The amount exported in available in 1949 will exceed

al arrangements on whent.

1948 was therefore limited to 1940, 1240, 1,350,000 tons.

in most of the other producing Burma's 1848-40 rice nereage countries, exports available are will also probably be reduced by expected 10 approximate last the continued civil disturbances year's Haiti, Madagascar, Italy from 9,250,000 acres in 1947-48 and South America are the ex- to approximately 9,000,000 acres, ceptions, with a sharp drop and with average to good yields, supplies in

Brazil And the crop will be about 15 per Ecuador. cent less.

The report attributes some de- Ever with n resumption of cline in South American acreages normal political conditions, the to the fact that prices since 1947 8.8. "STEEL FLYER" report says, Burma's exports are are considered there to be - not expected to reach the 1948-40 | profitable.-Reuter.

United Press.

..

The SWEDISH EAST ASIATIC Co. Ltd. M.V. 'OLUF MAERSK’

Loading 18th January

for

ADEN, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM) HAMBURG, COPENHAGEN, OSLO and GOTHENBURG.

For further particulars apply:-

GILMAN & CO., LTD.

S.S.

Agents.

Tol 51146

STATES: MARINE LINES

FAR EAST SERVICE.

JACOB LUCKENBACH ”

SMC Voyage No. 4.

Duo Hongkong 15th January, 1949.

FROM.

BOSTON, BALTIMORE AND NEW YORK.

Agenta

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

Union Building,

Telephone 81842.

Peninsular

both!

& Oriental

STEAM. NAVIGATION COMPANY

S.S. "SURAT"

accepting cargo for

BOMBAY, KARACHI & PERSIAN GULF PORTS

with transhipment at Colombo. Commences loading 18th Jan. 1949 salls 20th Jan. 1949

For Space and further details apply to:

MACKINNON, MACKENZIE & CO.

Agents

&0. Building, Hong Kong.

Tel. 27721' (4 Lines),

In

THE WORLD

ROUND TRE

ISTHMIAN LINE

(Isthmian Steamship Co. of N.X)

ARRIVALS FROM U.S. ATLANTIC COAST

8.8; “STEEL ADMIRAL”

Discharging 13th Feb, SAILINGS TO U.S.A. via PANAMA

for

Loading 22nd Jan.

LOS ANGELES, HOUSTON, NEW ORLEANS, NEW YORK, BALTIMORE, PHILADELPHIA and BOSTON. For further particulars apply:-

GILMAN & CO., LTD.

Agents.

Tel. 31146

Chinese Freight Agents HIN FAT & CO., LTD, Tels: 28823, 25653 & 23483

The SWEDISH EAST ASIATIC CO., Ltd

་

ARRIVALS FROM EUROPE

İM.V. BATAAN M.V. BENGAL,

Discharging

SAILINGS TO EUROPE

Loading M.V. OLUF MAERSK :', M.V, TONGHAI

.14th Jant

..Mid Feb.

.18th Jan. 7th Feb.

For

ADEN, GENOA, MARSEILLES, CASABLANCA, ANTWERP, ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO & GOTHENBURG.“ For further particulars apply:-

GILMAN &

Co.,

LTD.

Arpita.

Tal. `81140.