1949-02-12 — Page 12

ROYAL

INTEROCEAN

Passenger-and

~~TJISADANE"

"TÁSMAN"

LINES

Freight Buries

JAVA-CHINA SERVICE

**TJITJALENGKA"

"TJIBADAK"

Arriyals

In port

from Macassar

& Javaports

19th Feb,

In port

from Mascassar

& Javoports

3rd March.

Sallines

to Javnports

'&'Moéñssar

17th Feb.

to Manila

0th March.

to Javaports

& Macassar 3rd March. to Shanghai

5th March. 10 Javaports & Maca sar 17th March.

-ASIA-AFRICA-S. AMERICA SERVICE-

*BUYS"

Arrivals

In port

"STRAAT BOENDA"

from

"BOISSEVAINTM

“STRAAT MALAKKA"

South Africa, 16th February. from

South America

& South Africa,

31st March. from

South America

& South Africa, 5th March.

Ballings

to South Africa

& South America

23rd February.

to South Afrles

& South America, 21st March.

to South Africa

& South America,

18th April.

to South Africa

& South America, 12th May.

All Steamers Calling Mombasa & L. Marques Direct.

Tratishipment cargo on through Bs/L to Dar-Es-Salaam.

Zanzibar ocovpted on all sailings.

SUMATRA-MAĻAYA—CHINA SERVICE

Arrivals

from Amoy

"VAN BEUTSZ“

& Swatow,

"VAN RIEMSDIJK"

26th Feb,

from B. Deli &

S'pore 8th Mar.

Salings

to Straits

& B. Dell

27th Feb.

to Straits

& B.. Dell,

17th, Mar.

Agents: HOLLAND-EAST ASIA LINE

RIJNKERK"

"MELISKERK”

"MMARIEKERK”

"MOLENKERK"

Arrivals

from Europe 18th Feb.

from Europe Early March.

from Europo Early April.

from Europe

Early 'May

Sailings

20 B'hal, Japan

via Koplung

31st Feb.

to Europe via

Manila & Straita

Early March.

to Europe vin

Manlio & Straits

Miti. March.

to Europe vin

Manila & Strails,

Mid April.

to Europe vla

Manila, & Straits

Mid May.

Transhipment cargo on through Bs/L accepted to

Mediterranean and Northern European ports.

Office Address: King's Ballding, Phones: 28015, 28016 & 28017 Chineso Arents; 82, Connaught Rd., Tel. 31196.& 21533

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

ARRIVING FROM U.S. ATLANTIC COAST YIA LOS ANGELES & SAN FRANCISCO m.y. "TONGHAI”

1.8. "DONA AURORA”

10th Feb.

11th Apr.

SAILING FOR U.S. ATLANTIC COAST VIA LOS ANGELES

m.v. "BATAAN”

m.y. "BENGAL”

3.5. "DONA AURORA”

THE CHINA MAIL, SATURDAY, FEBRUARY 12," 1940.;

FINANCE AND COMMERCE

Little Optimism In U.S. Business Outlook

Hong Kong, Stock Exchange

Again the Market has proved

disappointing. A week sigo things. had nasumed almost a rosy tlat. only to be followed by conditions: of neglect. The prices of the populär leaders have all been marked down, dividends taping to keep their quote tions, at, the level they attained prior to their Antiouncements, ail this in spile of some showing a 10% return.

The following dividends have been announced this weekin

Humphreys Estates $1 free of tax; Cements final of $2 and Caplul bonus $1, both free of tax.

ILK. GOVT. LOANSI

144% Loan 101ḥa

3% Lows (1996 à 1979) 109D, # Loan (368) 1915.

BANKS

JI.K. B. Dank 16201

(kon, Reg.) £1910. Chartered Bank Cil-11/14. Mercantile Bank A. & D. £ Book of Emiti Aala X.D. 1310.,

INSURANCES:

Casten Ins, STON.

Unies Ins. 1268, 740%, 120, China Underwriters 2.200... M.K. Für Ino, 2700,

SHIPPING:

Bouplanes 2370.

ILK. & M. Steamboats, 171⁄4'a.

Indo Chinas (Pref.) Via,

**

(Def.) 2650,

Shells (Benter) 71/20.

Union Waterboats 275,

Aila Nov. 9cb, 1.10.

DOCKS, WHARVES, GODOWNS, BILA

жK. & K. Wharven (Old) 11km.

(New) #3n.

North Point Wharves T.

Sb, Jongkew Wharves 25n.”“

ILK. Dycka 2016h, 27124, 2736/2760. Clon Providenta 10

Hhaarbei Dockyarda 10%b, 1940. Wheelocks 2CD,

MINING:

Raub Minry Glib.

H.K. Mines Dib.

LANDS, HOTELS AND BUILDINGS:

14 B. Hotels 1011

15:47.40/15ak.

H.K. Landa Cb, 67 Shashal Lands 3.35k, 8.80%, 4.dis Humphreys (Qld) 1436, 1450mm. (New) 18h.

H.K. Resitles 26

Chinese Estates 1700.

PUBLIC UTILITIES+

HK. Tramways 20,10,

Penk Trame (Old) $14.

(Base) 17%

Star Ferries 1946, 128, 238sa.

JB.DOS.

E. "Lights' (014) 181, 18,406, 25.1)

(New) 1b, 11.40%, 11.20sa. H.K. Electric 2014, am, Meno Electeles 20% tú

Bandakan Lights 11.

Telephones Jin

Shanghai-aa n.

INDUSTRIALE:

Cald. Mac. (Onl) 250.

Canon Tees T

22nd Feb.

Cemente 10. to

3rd Mar.

1.K. Ropes 2144b. 22, 21%. STORES Ein.

15th Apr.

5+

Dairy Farz (OBJ) 64%1⁄2h, 4815x4.

(New) 48%

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines),

MARINA HOUSE

Tele. 28076–22878

CHINESE SHIPPING OFFICE Tela, 28788-20153

THE EAST ASIATIC CO., LTD.

OF COPKNITAGEN

M.S. "MALACCA'

-Loading 13th FEBRUARY

for

ÁDEN, PORT SAID, GENOA, CASABLANCA, ANTWERP,

BOTTERDAM, HAMBURG, OSLO, GOTHENBURG

AND COPENHAGEN, Z

Tanks available for 'the carriage of oil in bulk

THE EAST ASIATIC CO., LTD. Chileen's Bldg, 2nd floor.

Tel. 34111 & 84112,

CHINA MERCHANTS S.N. CO.

́Gannerght Road West,

Tolopbane TiSKÉ

SAILINGS

Walions (Old) elb, sp, si žien.

(New) 676%, 86%, 874/4.

L. Crawfords (14)

(New) 210.

Sincere SD. China Emporium '11b.. Bun Co. Lid, OR, RADN Kwang Bang Hens 1836, Wing On (T.K.). 105#. 3sm Priwell, Ld. in. MISCELLANEOUS:

China Entertainmenti sob.

ELK Constructioni (dia) 5.

:

(Name) do.

Vibrom (0) 1844

(New) 1.

Huisman Investiments 0/«h.

Marwenum" (12.K.) 2. Bhanghai Lean 2b.

Yaaktuses.

COTTONS:

- Ewos 8.20b

RUBIES, ETC." COMPANIES &

Alme Entsten '415%,'

Anglo-Jayaa 10.

Bale Fiant in. Citemoren '.105, Choor Rubbers' "20a. Cool

Lun Domino 1822 Puding in.' Repab, Rubbers' „kin..

Bubber Fly, 1343. Sama Tài

Emimun :4lhn - Eis. Kedabi 1, 82. Mataga, CHIN Bud' Mangila ^,506. "'Yanals' Merkha din.

Zimbabos 23.

London, February 10.

All tigris are that tho United States is having somo deflationary sotback-the real question is whether big or small.

The vice-chairman of President Truman's Economic Council declares: "Optimism combined with the right course of action" can keep the outlook bright but.optimism is scarce.

Scepticism about the business | �** outlook has hitherto valuably

curbed inflation but continuance

now could aggravate deflation..

"un-

Wall Street does nut follow the commodity slump because it has already slumped-relative to cur sent earnings, it has been

with many precentedly low. solid shares selling at only twice thrico their recent annual or carnings.

that |

The late 1920's showed the United States can have a stock exchange and real estate boom with commodity prices falling.

The rear 1949 le unlikely to show the same and could show a lump in commodities, om- ployment and profits without Wall Street falling, áimply be- cause Wall Street never rose. Govt. Sponding

to

Oslo Decision

London Stock Exchange

London. February.

It has been another uncertain day in the London Stock Ex- change. Gelerally, the tone-was- slightly easter in very small rtreding:

There was, however, soms brightness in. Kledge, following, support for long Unfeil stocks. There weTO Doctal 1/16 better.

Already Taken Ledide Indestrial te most groups abri

Washington, February 10.

Representative Henry Jack- son (Democrat) said in ant Interview today that he confident Norway has already oast its lot with the West and will join the Narth Atlantic Defence Alliance,

He mads

the

statement after, an off the record talk yesterday with Dr. Lange, Norwegian Foreign Minister, In Washington.

déclared: Jackson "There can Ве по retreat from the democratic stand the Norwegians have taken,” Ho believes that Congress

Deflation elsewhere seems haye been pulling down the se strength of steel, motorers, rail- way equipment and metals which previously was relied upon sustain general business: week several railroads reduced Workshop stalls; even motorcurs and steel are far less scatce:

in Come easiness metals and the weakness in brass, despite

this

great loss of copper from the Kennecolt strike.

will give top priority to arms for Norway because of geographical position-Reu: ter.

*: few pence but exceptions were. Catlie and Wireless stocks, Imperial Chemicala and Emmen. Imperials were supported. following the official denik) of recent new

Jasite rumELJE,

An attempt to Iniprove oil petom mje with failure. This action opevod" fera with many laraes showing gains, over the greying closing levels, Fresh Belling de- veloped, however, and prices showed de cline on balance.

uf foreign rale, Bellas had in pest Great tentaters Jay. Leopoldid Drexli rame on offer. Foreign bodde

were steady but it.

Retire wore le throughout and slight-

fy, lower where changed. “

| RECURITIKA,

Bettiah Console, 24%

81%.

Conversion Loan, 145, 1901.. 19734

Funding Lown, 4%, *1960/90 .. 114-11/10

PRESIDENT LINES

Cargo Oil Tanks Refrigeration Cargocatrò

TO HONOLULU AND SAN FRANCISCO ·

#Tresident, Olevðland” (via Shangliai & Japan) "Cichorii Kalgs" (via Manila & Guam) ............... "President Wilson” (vin Shanghat &. Japan)'

Fob. 13 ........... · Feb. 180 -Mar. 6-

TO SAN FRANCISCO AND LOS ANGELES via SHANGHAI & JAPAN

“President McKinley" (omlis Shanghai *President Taft”.............kuiva vinniara "President "Madison"

Mar, 17' Mar. 31

TO NEW YORK, BALTIMORE & BOSTON VIA PANAMA

"President Fillmore” (calls Pacific Coast)

"President Tyler (calls pacific Coast).

ROUND-THE-WORLD

Mar. 11:

Mar. 30%

LAVIA MANILA, SINGAPORE, COLOMBO, KABACIN, BUEZ, FORT SAID, ALEXANDRIA, MARSEILLES, GENOA, NAPLES,

NEW YORK and BOSTON

"Mount Davis"

"Mount Mansfield". (Singapore Direct)

17.

13

Mar. 22.

ARRIVING FROM SAN FRANCISCO ·

"President Monroe""

"President Plimore

66. George's Bidy.

Feb. 23

Tel. Nos. 28175 /28175

American Pioneer Line

Arrivals from New York, Boston,

Other Atlantic Ports via Panama

War Loan, 14, 1052

103-15/14

War Loan, 1%

1084%

Ita

Victory Ronde, 4%

1154

INDUSTRIALS

British American Tobaeco (ot

..Ireland)

5-11/20

Imperial Chemical Indu... ...ord.

18/8

Imperial Tobacco Co, (at. Ü.n'a

Ireland)

6-1/16

12A SHARES:

AmAm Coneblidated Tem

20/D

Asam Proniler Tea

14/8

Awam Tea Company

Doonis Ten Company

22/0/ 23/8

PIONEER COVE"

"PIONEER SEA"

Sailings to Manila

JAPANESE PROPERTY COMPENSATION

Washington, February 10,

Ear, of India 1 Cerion Tem Bản 17 Imperial Tea Company

30/ RUBDER GILAVESI, Anglo-Dutch-Plantation of Jars 1178 Qala-Kalempong Rubber Estate 10/- Rubber Plantation Invest. Truat 18/ The Senato yesterday passed a MINH BITARES: (null authorising the Attorney-arms Gord. *****

6/47% cluding defence and foreign aid General to settle claims of Japan-Cewe Mines etc) are taking only 16 per cent se fur, loss of property when Handyrood Mines, of national production and could they were moved from the West Rand

Spring Afines not be enlarged enough to offset const at the start of World War Sub Nigels any major, decline in the private il 85 per cent of total spending.

Government purchases

Taroy In Ca He could pay claims of $1,000 Union Corporation

OiL SHARES Royal Dutch Ca

"PIONEER COVE" "PIONEER SEA"

Feb. 21

Mar. 1

Feb, 22

Mar. 2

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

1/2

1/14

"PIONEER WAVE"

202/0

"PIONEER LAKE"

"FIONEER COVE"

21:

In a deflationary mood bigger or lesh, and send those of more Government spending can choke tun. $1,000 to Congress for ac-

Shell Transport & Trading Co. 19/18 off more than its own amount of tion.

SHIPPING: Clolms would be allowed for p..O.. Blaam Navig. Co., and. 11/1 private spending and betually aggravate deflation, as occurred fost ur damage, to property de- GILTEDGEDI

posited by Japanese aliens or in 1938.---Router.

Funding Loan, 3% U.S. citizens of Japanese bnces- National War Bonda, 134%) try, with local police authorities or others as directed by Federal regulation.

silver anD GOLD MARKETS

London: Silver. Soot Ane oubce 42d: Forward ounce 4214d; Bar, Gold, per fine ounce 172/3.

~ New York: Silver. Bar, (asked price) 70 cts.; Bar, Gold, per one ounce (ocial) $ 35.

The legislation was sent to the

House Associated Press.

Money Market

1949/01

10014

1952/84 1954/65

102/7/16

102...

1181/83

Savings Bonus, say, A

-102-3/13

1065/85

168 1

172

1965/10

1995/75.

Exchequer Bonde, 1%, 1980.. 100-7/18 Redemption Block, %, 1006/08-102%3 FOREIGN BONDS: German Iron (Dawn) 70%.. 14 Gold recovered from its two-Japanese 6, 1907/47 day headlong plunge yesterday Japan 1920/81

Panama Canal

Special Cargo Of Tanks-

Dus Feb. 15

.....In Feb. 25 ...........Dua Mar. 14

For Full Particulars. Call

Sails Feb. 18-

· Balls Feb. 287

Sails Mar. 15

UNITED STATES LINES

13

Company

Queen's Building.

Tel 31251 (9 lines)

17

G. 11-18/10

wheft. it clinibed back to H153807. Jan. 8. Manchurian Bly.,.55%,1929-1945

tel

at, the close.., Recovery DANKS Bombay: Silver, Ready, per 106 started after the market opened Chartered Bank of I. A. Loins Rupecs 185, Annas 12; For-t $208.75, and by the luncheon Hong Kong & Shangbal Bank.. 1015

it had Intervnt

Back to Mercantile Bank of India "A" z got ward per 100 tolas no trading:

CHINESE EXTERNAL LOANS1 5304.50, In the afternoon H again Tientaln-Pukow Railway, A% .... B

but after hectic

bulls U.S. dollars

opened

Marwari (unofficial) no trading dropped,

provalle-la-11-Hair 6%, 1911

Gold, deliverted, per tola 117, 04; and downd then til HK$5.15; Cray Loan, 5%; 1912

trading:

Forward (unofficial) no Gold, Sovereign 75, 00. One tola

Is equal to 3/8th of an ounce. and closed at $5.134.

Sterling Dooda

*12

-Hauler.

Horg. Loun, Gột, Lön. Tisue, 1918. 12

Pokwang Hallwayi; 89%, 1011 .. Gold Yuan was quoted at 435 Homan Railway, 196, 1966

Changhai Nanking Klys., 5% Bangkok: Gole, Bar, baht- and 36, of a cent for Hong Kong Kowloon Canton Hallware,, 6%, weight of 15.244 Grammes un-delivery. Canton and Shanghai quoted; Exchange Rute (Selling) remittances were booked at 295 Bangkok on New York T.T. and 25 of a cen

cent. 19.93; London 81.05; Hong Kong 100, went down to $0.07, dat Piastres opened at HK$8.15 à

closed at $8,17%. Afoxandrias Fine Gold (DE- Ticals were, tinchanged hom) 145; Egyptian pound | HK$26 a 100.

1.86.

at

(Found), 445; „Sovereign (King) | |--NET Guilders opened at 400; Sovereign (Queen). 398; HK$29.50 a 100 sind closed at Napoleon (Loula) 325; Union $25.30.

+

PRE-WAR SMOKES

A SELL-OUT

Shefeld, February 10.

. People walking through Arun- Laline (coin 01.20 franes gold) Sterling at Ks15:20 and Aus- del 'Street, Shemeld, yesterday 285; Turkish Gold pound 810; tralish pounds et HK$12.55 were did not stop when thêy saw this Dollar (American gold coin of 5 dgain unchanged from the pre-sign outside a tobacconist's shop: dollars) 425; Pure Silver (pervious day.. Kilo) Bob.

BRITISH TALKS WITH ICELAND

Parla Free Gold Prices Napo- leon 3,650 Frs. French 10 fraho colns 2,000; Swiss Trine 5,475;† Union Late 0,150; Sovereig 8.825; Hair Sovereign 3,120 U.S.

Zid.. London, February 420 Coin 20,800; U.S. 10 Coln The talks on Anglo-leelandic 13,100; Sovereign in free U.S.-irade for 1945 began in London per bunde) $90.7: Napoleon (h today with an Icelandle delegation tree U.S. per ounce) $94.7: U.S. led by Mr. Stefan. Thörvardsiod; Dollar: notes (in black-market the Icelandic Midister, in London. "The delerations will reelow the Parls Free

Free Market Rates The

Rate the flow of trade between the two rots: Fine Gold ingots, with decounties and in barticular will livery of counterpart per gramme

1/2ts Fit Without counterpart find ash product architter Bah nish products from Iceland and 750/787; Silver: Ingots, yet Kilo the extent to which Icelandic im2 6,000,74008; Platinum, Ingots, port, requirements can b6mhet

per Kilo 800,000b, -830,0000, from this country, the Board or Beuter

Trado #tated. Reuter,

"Pre-war-stock Virginia cigaret-- tes10 for d

it was a fake, They thought but the tobacconist, Mr. F.M. Methley, hdd found the cigarettes ht, the bäck; of his store. “When the news pot, hround, Bold all 220, pickela of 10 in 30 minutes.

Houter.

STEEL TARGET: FOR EUROPE

Ginevt; February, 10." The United Nations Economic Commission for Europe today,sét a 1049 target for European crúdo steal output of. 50-million tons, excluding Russian production

This would be: 1,003,000 tons | above the 1048-level and equiva- Murter lent to the record output of 1037, It estimates that Extrops will have * denait of 3.200,000 tons of rich Jonzone in 1940-14 per cont of its import requirements,--Reistars

Pacific For Cars Live, live

B.B. HAI HAIA S.B. HAI TIEN

(With

Singapore & Pening

Feb. 13 'Fèb. 17

#LUXEMBOURG VRTORY*

SULIA LUKKEN BAČRE

docéptable.

Fast Regular

HIGAN 'N UAN

*Bon÷Franction, in: Line")Batyba

D

TRADE PROTOCOL

Prague February 10,” Czechoslovakia and Rumia, to- day signed, a protocol confirming. thoir trade agreement signed; Zant October

BENDLINE

BRIT

"BEŃREOCH” "BENDORAN" "DENLAWERSTM

"BENREOCIT*

** "BENDORAN”

"BENLAWERS”. "DENALBANACH”

Calls Fort Badan.

ARRIVALS.

FROM

.U.H.

U.K. U.K

SAILINGS

† Calls Dar-es-Bàlaam,

TO

DUE I

Discharging `K /Wharf) 2nd Half Feb. End February♪

LOADING"

Aden, Genoa, Havre, London, Antwerp

Hamburg Liverpool

London, Antwerp,

| Rotterdam & Hull.

13th Feb::

Abs End Feb.

1st Half March..

• Fur Further Paritèulars, Applł Tom

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

York Building.

Agents

Telephone: 84185.

KLAVENESS LINE

SAILINGS

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

M.S. "FRANCISVILLE”

28th Feb. AURIVALS FROM PACIFIC COANTERA,

17th Feb.

* Soriste celivers will in Salling to Slugspöte, Port Swettenham & Batavia

mister lale much narasloured mustale,

MS. "CASTIEVILLE”

`MS, "CASTLEVILLE:

18th Feb

Fand taxilla and chemical raW

100 FOOR TI

THE BANK LINE

HINAY LTD