1949-03-08 — Page 12

THE CHINA MAIL, TUESDAY, MARCH 8, 1949,

OYAL INTEROCEAN

Passenger-and

LINES

Freight Bericas

JAVA-CHINA SERVICE

"TJIBADAK"

TIITJALENGKA"

PASMAN"

TJSADANK"

Arrivals

from Amoy

8th March.

from Shanghal & Amoy

18th March. from Amoy 8th March,

from Muenssar

& Javaporta 17th March.

Sallingu

to Javaports

& Macassar

9th March.

Javaports & Macassar 17th March to Manila

9th March to Javaporta

Macassar 31st March. to Shanghai 19th March. to Javaporta

Mucassar 14th April.'

ASIA AERICA-S. AMERICA_SERVICE

Arrivals

*THPANAS"

In port

PTRAAT MALAKKA

from

BOISSEVAIN"

'STRAAT SOENDA"

TEGELBERG"

Smith Africa, futh March.

from

South America

& South Africa,

31st March,

In port.

from

Stuth America

& South Africa, 13th June,

to South Africa

24th March.

to South & East Africa &

South America,

31st March.

to South & East

Afrion &

South America.

21st April.

to South & East Africa &

South Amerlin,

10th May,

to South & East Africa

South America, 17th June.

AB Steamers Calling Mombasa & L. Marques Direct.

Transhipment cargo on through Bs/L to` Dar-Es-Salaam. Zanzibar ace epted on all saliings, SUMATRA~MALAYA-CHINA SERVICE

"VAN RIEMSDIJK"

"VAN HEUTSZ"

Arrivals

from Aomy

& Swatow 13th March, from 9. Deli

& Singapore 24th March,

Sstlings

to Straita & B. Deli. 14th March.

to Straits

& B. Dell 2nd April.

Agents: HOLLAND-EAST ASIA LINE

RIJNKERK"

Arrivals

from Shangbai 14th March.

from Japan

26th March,

from Europe Early April,

"MELISKERK”

& Shangha

MARIEKERK"

"MOLENKERK"

from Europe Early May

Sallings

to Europe via Manila & Straite, 16th March.

to Europe vin

Manlia & Straits

27th March,

to Europe vin

Manila & Straits, Mid April

to Europe via Manilo, & Strails Mid May.

Transhipment cargo on through Bs/L accepted to Mediterranean and Northern European ports.

Office Address: King's Building, Phones: 28015, 28018 & 28017

Tel. 31198 & 26533 Chinese Agents: 82. 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 5.3. "DONA AURORA”

m.v. "BENARES"

11th Apr.

End Apr.

SAILING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES,

m.v. "BENGAL”

s.s. "DONA AURORA“

m.v. "BENARES”

9th Mar.

15th Apr. End Apr.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)..

MARINA HOUSE

Tela 2807622678

CHINESE BHIPPING OFFICE Tels. 25788-20168

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA"

LOADING ABOUT 11th MARCH

for

ADEN, PORT SAID, GENOA, ANTWERF, ROTTERDAM,

BREMEN, HAMBURG. OSLO

GOTHENBURG

COPENHAGEN.

AND

Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

Queen's Bldg, 2nd floor.

"

Tel 34111 & 34112

CHINA MERCHANTS S.N. CO.

1 Cohnaught. Road Wait,

S.S. PEI TEH

FINANCE AND

COMMERCE

U.S. BUSINESS, INDUSTRY STEADY; DEFLATION NOTED

Prices Of Metals On Easy Trend

Now, March 6.

American Business and New York a fondy pace

American business

this week but the tendency toward deflating was apparent.

Highlights of a week of fast moving developments

Barter In China Due

Expand

To

te-

Shanghai, March 7, The barter trade between Nationalist and Communist on the economic front included:

China, at present limited to an Modification of government | Action in London, however, was exchange of flour for coal, will restrictions on installment buy decisive and bearish. A alcady be expanded shortly, according New York, March 6, Prices of platinum, brass and Ing, reiteration by high govern- and persistent decline on the Lean-to local industrial circles.

petent quarters to reflect an acçu- Both the Communist and Na- bronze. eased further last week.munt officials that the nation's don exchange was sold in com-

mulation of disheartening econo- tionalla authorities were Quotations for other metals economic health in good, disclo-

sure that unemployment ismic news both in Europe and ported today to have agreed to higher than an Amerien Among factors most widen the scope of the burier Most End cherēttus The market position of lead March, 1912, and modest but frequently mentioned were nigh to caver collon yuifi ?

taxes, reduced purchasing power, from Shanghal and salt and soya continued unsettled.

Consumers fairly uniform climb in commo. ordered only minimuni needs dity prices, an outbreak of weakening of business sentiment, bean from North China.

and frayed nerves over the con while awaiting an expented price financial jitters in London that

stant elusher in political Ideologies cut.

caused a rather severe break in in Moscow, London, Paris, Berlin stocks.

and Washington, bloc.-Reuter.

Russia was ugain reported plan- ing to cut export to the US. of nanganese, vital steel hardening inelal. About 35 per cent of the manganese used in Arne;les comer from Russin. Smaller Amounts are imported from India, China, else- South Africa, Brazil and where.

The U.S. managed without the Russian manganese during the war.

But it was a costly opera- tion.

Much of the substitute are was low gradle.

It has been repeatedly rumoured That Russia would reduce exports Gi mangnuese mid chrome to the US. in retallation for the Ameri- can be on shipment to Russia of the industrial equipment which Soviet wants, Latest rumour came from Washington official who said Russia hinted at a pending 90 per cent cut in manganese ship- ments and a 40 per cent in chromRE, Platinis fell $3 an ounce last week to $78 wholesnie, $81 retail. Industrial and jewellery demand continued to fail.

credit restrictions Easing of ranked ahead of the others be-

པ:-

Shanghai business and indus- trial circles wore said to be main- ly instrumental in getting the Government's consent to the new deals, which they claimed would not only stabilise the commodity but would forestall similar ar- between foreign and the Communists,

cause it goes straight us the core SHIP MOVEMENTS prices in North and South Chine,

of the inflation-deflation situation. it caused some confusion among people trying to reconcile strong demands for inflationary controls from one side of government while another side apparently contri- buted to inflation by relaxing cre- dit controla.

$5. Jesse Lyken salled from rangements Galveston

On February 20 for countries ong Kong via Kobe, Yokkaichi, with Hong Kong us the tronsic- and Shanghai, and is due to artion centre. rive at Hong Kong on April, 41 and máil on April 5 for Taikao,

Meanwhile, Shanchat's six- man shipping delegation to North If the U.S. is really producing

China is expected back, here, in on much of everything as every-

the middle of the week after one wants and,hus the money or SS. Almeria Lykes sailed from successfully arranging with the credit to pay, the aetion loses most Galveston on March 3 for Hong Communist leaders for, a resump- of t juflationary dunger. 15 | Kong via Yakutiama, Hpbe, tion of shipping between Shang- immediate objective of course is Shanghai, and Takoo, and is due hat and Communist-held ports in to ulster lagging sales of con- to arrive at Hong Kong on April | North China. Rumer goods.

12 and sail on April 13 for Manila Economiats point out that no and Cebu.

boost

matter how desirable tha might be for a short term, it could turn out to be equally undesirable | In the long run. Many people 1 point already are in debt to that stallment payments repre- sent an important clairn against A major producer cut the price current Income. More debt could of brass and bronze Ingots. One tunjie set off a chain reaction manufacturer reduced the price of that would be felt all along the some copper wire from 6 to 14

line. per cent;

Bureau on-

The lend market continued

POST OFFICE

MAIL NOTICE

With effect from March 8, 1949, mil correspondence intended to be forwarded “hờ mir tu Lendua only" and then by nariace mall to destination, muet superarribed "lly Air to London eaty",

t (In future will not be suelent to correspondence merely superscribe

"The U.S. Census sluggish. Major metal prices in-nouncement that more people were cluded copper, foreign, 23.5 cents without jobs than at any time invia Luntion"

the past seven years climaxed a York. Lead, Now # pound at foreign, 22 cents nominal, Gulf of week of stendy inyoffs and

working Mexico ports. Aluminium ingots, derd

1uch

Mal Service by Air and Surface to TC- Tientsin and Pelping le temporarily sus schedules by podded until further notice.

Moro Working

17 cents, shipping point. Anti-stablished business firme engaged mony, 41.73, eased, New York. many linen, Seasonal factors were responsible in some cases but Manganese, 30 cents a pound bulk most said business was poor and carload lots, D5 per cent man-

they had to cut production, ganese minimum, 2 per cent Iron Inaximum. Nickel 42.93 New York. Plattmum $78 an ounce wholesale New York. Sliver 115 43.5 cents an ounce New York, Pence London. Tin $1.03 cents a Dount New York. Quicksilver $88 to $91 n flasie of 70 pounds. New Yark, Tuniston ore, Chinese $24.75 to $25.26, New York. Associated Press.

Money Market

yesterday.

Gold Was quiet pening at HK$300.75 a taci, ris- ing to $308.25 at the time Interval, and closing at $307.

USdoliars opened of HK$3.16%

and closed at $5.17%.

Gold Yuan was quoted at HK$ 16.50 for 10,000 for Hong Kong) delivery; $11 and $10.48% for Canton remittances; and $10.20 and $10.37% for Shanghai remit

tances.

Piastres opened (at HK$10.07% a 100 and closed at $10.15....

Ticals were quoted at HK$24.8) 30 a 100.

NEI Gullders opened at HK$31.- 80 100 and closed at 10 cents higher.

Despite the growth in the num- ber of jobless to around 2,250,000 there were more people working in February than during any other February in history.

Industrial production and gen- eral business on a current basis were within easy reach of pre- ylous marks. Production Bgures held up better than those dealing with distribution and consump- tion, thus accentuating the ensy and moderate drift toward defa- tion,.

Steel production averaged 100.5

|

Outward Mails

Unless otherwise stated, Bolstered Articles and Parsel Powta close 30 minutes earlier than the ordinary mali. If alle alone before.30 a.m., Regletered and Parcel Posta close at 6 p.m. on the breviata dag. Mulle are clowed at Kowloon Central Post Offer half an host saußer then the

CPO elaine Lima,

TUESDAY, MARCH 8

Casten and Hankow, (Kowloon CPA) 7.38 ... 10a.m.. 12.30 p.m., 2.10 p.m.: (OPO) 7 «,m., 9.20 a.m., Noon, à p.m. Altmall for Swatow and Amry, (leg.),

2,30 ... (Grl.) ..

Airmail for Bhanghai, (Reg.)

(Onl.) 9.30 ans.

* 8.15.1

Airmall for Swatow, Amoy, Nanking and Tainutno, (Reg.) = y.m., 10rd.) 3.10

22.

Airmal) for Hollow, (Reg.) 3 p.m., (Ord.)

3.80 11.1.

Aizmelt for Shanghai, (Reg.) 4.10 p.m.

(On) mm.

The Shanghai Shipping Culte'} here was quoted as Buying that a regular freight and passenger service will be resumed between Communist North China and the Nationalist South as soon as final arrangements on this side are completext.

The Communist authorities were said to have already given their consent to such a service Chinese reports also said ordinary telegraphic and radiophone.com- munication between Shanghai and Tientsia, Tongshan, Tangku.. Chinwangtao and ChingHal would be resumed within a day or two.-Reuter.

NOTICE TO CONSIGNEES HOLLING

P. & O., B. 1. & E. A. BILLS OF LADING

Messrs. Goddard & Douglas will attend, ut 10 am, on Mon- | days and Thuradaya within the free storage period to eurvey damaged cargo, and consignees pre requested to have thei representatives present. Unless Consignees representatives are

per cent of rated capacity, inaking Alemas for Manila, Honolulu, USA and resent at the Survey no claims

the seventh successive week of operations at or above capacity. This encouraged the thought thu! steel was in the final stretch of the drive back to normalcy.

Freight carloadings were lower j soft coal production was about! aven with last week and a year ago as was crude oil and electric Imare

Canada, (Reg.) 4.80 păm, 10rd)

p.1.

Afe Parcel Post for Mantik, Honolulu amfi

USA, (Kowloon CPO) 4.30 Ordinary Alemall (printed matter, sam

100p.m.

pics

and smail packet posts) for Manila, Guam, Ilonolulu and UPA, (Kowloon CPO) 480 p.m., (aroj 5. Airmail for Bangkok, (e) 4.50 pm

Ord.) 6p.m.

Closing Time by Bea

power output: There were automobiles turned out thara year ago but the total was a bit suntów, i p.m. under last week, Engineering | Bombay and Karachi, 1 p.m. construction ran far ahead of Inst Straite. Cerlon. Maduras, Maurition. week but was under a year ago.

East and South Africs, Aden USA, Canada, Central and South America

Exypi, i p.m.

The New York stock market made a little progress but Sterling was weaker at HK$15.- proved nothing except that it was 10. Australian one-pound notes a professional affair with Investors dropped to HK$12.55, but larger and speculators on the sidelines denominations remained at $12.- trying to figure out where the

70.

US. i hendeti,

STATES MARINE LINES

FAR EAST SERVICE.

S.S. «GARDEN STATE"

Due Hongkong 11th March, 1949

FROM

NORFOLK, Baltimore anD NEW YORK

GOURLIE

Undon Building,

Agents

CO., (H.K.) LTD.

Telephone 31341

and

via. Ben Frenclica (No Parcels for Canada), (Par, and Tex.) 2.30 -3.30. (Ord.) 3 p.m. folhow and Pakbol via Holhow, Manila. 1 p.

..

Temitong (via Canton), 5 pm. WEDNESDAY, MARCH

Closing Times by· Atr Airmall for Bwalow and Amoy, (Res)

9.30 am... (Ord.) 4.m.

Alma for Shanghal (ex.)

(Ord.) 9.30 ..

A.2.

can thereafter be admitted, HACKINNON, MACKENZIE

*Agenta:--

& CO.

P. & 0.8. N. Co.

TIMAT

B. IS. N. Co., Ltd. F. & A. 8.8. Co., Ltd.

Notice To Consigneol

CONSIGNEES

PER AUSTRALIA-WEST PACIFIC LINE

M/V "CITOS"

are hereby notified that their cargo is being discharged into Alemail for Manila, (Reg.), Noon, (Ord.) | the Hongkong & Kowloon

13.30 p.m. Airmail for Shanahal, Nanking and Tangtao: Almell for Swain, Amy and Tainan ) Aitmail for Fooehow, (Beg.) pan., - (Drd.) #50 pln.

Closing Tree by Bra

Maplin, 10 Batavia and Bourabaya, Norn. Biralta and Macumar, 1 pm. Bangkok. 2 p.782

Whart & Godown Co's godown where it will be, at Consigntea® risk and subject to the Wharf's terms and conditions of storage, and where delivery may be ob- tained.

Damaged packages are to be left in the godowns for ex- amination by Consignees and

Company's the

Surveyors,

THURSDAY, MARCH, 10

Clomisir Times by Air. Alfhial for Tangoon, Calcutta, Karachi,

Bahrein, Alexandria (Nairobi, Johad newburg and Marsailles via Alexan. Messrs. Carmichael & Clarke dria), Rome and London, Kowloon at 10 a.m. on March 11. Croi (Reg. 4 p.m..

(Ort) 4.80 m. GPO (Reg.),4.38 pan., (Ori.)

B pa

To comply with the General Airmail for Dangkok, Bateria Colombo, Bonded Warehouse Regulations Bydney, and Auckland, (Ker) 180, consignees must have a Revenue. p.m., (Örl) † p.m.

Omeer in attendance when damaged dutiable goods аге examined.

Pacific Far East Line, Inc.

Fast Regular Trans-Pacific Service

Telephone #1853

UIREST

SAN FRANCISCO, LÓR ANGELES

Mar.

"GREAT REPUBLIC»'»

"BURPRISE, ✦

OVERLAND - KEW YORK-CHIQAUG-DETROITSTORONTO, MONTEKAL AND ALL AMERICAN A CANADIAN CITIES,

Artis

Ball

Mar.

Mar 31

Marti

SAILINGS

Shanghai S.S. HAI-FEI............. Singapore & Penang Mar. 11 S.S. HAI KANG. Shanghal

Mar. 12

(With Passenger Accommodation) Dargo for Táink-Lao," Hankowa Tientaisi ' sóceptable

"through "bite of lading,

“JULIA LUCKENUACH"

Pally; Balilgamated bombtq; Dry Cargo "kiet Bushi

For full particulars call Cleneral Aronta. UNITED STATES IGNES

For, Tüll parÍ

bora,

**SBA-KERPENT" ↑

No claims will be admitted after the goods have left the Steamer's godowns, and, all goods remaining undelivered after March 12, 1943, will be subject to rent.

All claims against the sten- mer must be presented to the Undersigned on or before the San Franciscs & Log Anginot Be recognized..

March 19, 1940, or they will

Ban, Pranciscs à Los Angeles

Ban Franties & Lie Angelin

Vela Shangkat & Kabu.

No Fire Insurance will be presented,

DODWELL & CO., LTD., Agents.

Hong Kong, March sibib.

AMERICAN PRÉSIDENT LINES

Cargo Oil Tanks Refrigeration-Cargocaire TO HONOLULU AND SAN FRANCISCO

vla Shanghal & Japan

"General Gorden"

*President Cleveland"

"Gentral Melga"

Mar. 20 .../24124 Apr. 3 Apr. 9

TO SAN FRANCISCO ÂND LOS ANGELES via JAPAN

"President Taft"

Mar. 20

"President Madison" (calis Shanghai) "President Pierce"

Mar. 31

Apr. 14

TO NEW YORK, BALTIMORE & BOSTON VIA PANAMA

"resident Fillmore" toalle Eacific Coast), vaatajaopa "President Tyler' calls Facifle Coast)

ROUND-THE WORLD

VIA, MANILA, SINGAPORE, COLOMBO, KARACHII, SUEZ,

FORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON "Mount Mansfield" (Singapore Direct)

· "President Monroe"

President Buchanan"

81. George's Bidɛ.

Mar, 14 Mar. 28. Apr. 2

Tel. Nom. 28172 /25175

American Pioneer Line

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

*PADUCAH VICTORY" "PIONEER BAY"

Sailings to Manila

#PADUCAH VICTORY" "PIONEER BAY"

Mar Zu Apr. 10

Mat. 20.

Apr. 11

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

Shanghai, Japan & Panama Canal

Special Cargo Oll Tanks —

"PIONEER COVE" "PIONEER SEA" "PIONEER TIDE"

1/

Due Mar. 14

Sails Mar. 15,

Duo Mar. 22 Due Mar. 28

Saila Mar. 23

Salts Mar. 29

ኀ፡፡

For Full Particulara Coli

The above list Indientes the principal ports of lading and discharge, as presently intende but not their rotation. For further information see schedule at the Company's Office.

UNITED STATES LINES

Queen's Building.

Company

Tol. 31251 (3 Unos)

BEND LINE

SHIP "SALMONIER"

ARRIVALS

FROM

Japan .U.K. via Manila

Japan

DUK

1st half Mar.

Abt. 15th Mar

"BENVORLICH"

BENALBANACH"

O

"BENCLEUCH"

U.K.

H

Singapore

**

2nd half Mar.

+"BENCRUACHAN"

U.E.

end Mar.

"BENMACDHUP” "DENWYVIS".

.U.K.

U.K.

SAILINGS

TO

SHIP "SALMONIER"

.... Kahstehang, Singapore, Colombo, Seychelles. "BENALBANACH" | London, Antwerp, "BENCLF_CH"

"BENMACDHUT"

"BENYORLICH"

Rotterdam, Hul£ ́y

Liverpool. Havre... Antwerp, Rotterdam

BENCRUACHAN') & Hamborg.

"BENWYVIS"

+

Genoa, London, Hull & Leith.

Accepta cargo for Shanghai.

Shanghal & Japan,

Calls at Dar-es-Salaam.

Port Sudan, Hull

*

1st half Apr.

2nd half Apr.

LOADING

Abt. Mid Mar,

2nd half Mar..

-do-

mid April. Abt. end Mar.

2nd half Apr.

Abi, end April

For Further Particulars, Apply To-

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

York Büllding.

Agents

Telephone: 84165.

KLAVENESS LINE

SAILINGS

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

MLS. "CASTLEVILLE”.

30th March "ARRIVALS FROM PACIFIC COAST M.S. "BOUGAINVILLE”

Salling to Singapore, Port Swettenham Penang & Batavia'

M.S. "BOUGAINVILLE'

Passenger Accommodat Chinese Treight Ay HOO FOO

24th March

25th March

Balk Oil Tan

THE BANK LINE

(CHINA) LTD. singa fritaing. Tot