1949-03-12 — Page 1

ROYAL INTEROCEAN 1

Passenger-and

LINES

Height Sources

JAVA-CHINA SERVICE

[JITJALENGKA"

TASMAN"

"THSADANE"

"TJIBADAK"

Arrivals

Wes

from Shanghai

& Amay

15 March,

..

from Manila

& Amay

18th March.

fron Marassar

& duvaponta

17th March,

from Mavasstr

& Javaporis. 1st Apr.

Bailing Javaports de Macassar

17th Marchi to Manila

19th March,

to Javaports & Macassar, 31st March,

• Us Shanghail

18th March. to Manila

28th March. to Javaporta

& Macassur

14th April.

to Shanghal

3rd April.

to Manihand!

12th April,

to dayaports

Mazas ar

28th Apri

ASIA-AFRICA-S. AMERICA SERVICE

Sallings

to South Africa 23rd March.

le East & South

Africa &

South America,

Arrivals

"TJIPANAS".

In Thirt

'STRAAT MALAKKA"

in part

Au Japan

14th March.

South America

& South Africa,

South America,

21st April.

'STRAAT BOENDA"

In port.

BOISSEVAIN”

TEGELBERGTM

from

31st March.

from

South America

& South Africa, 13th June.

31st March.

to East & South Atrien &

to East & South

Africa &

South America,

18th May.

to East & South

Alton &

South America,

17th June.

All Steamers Calling Mombasa & L. Marques Direct.

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

SUMATRA-MALAYA-CHINA SERVICE

VAN RIEMADIJA”

"VAN HEUT8Z"

Arrivals

from Autny & Swałow

13th March. from B. Dell

& Singapore

28th March,

Sallings

to Straita

& B, Dell.

14th March.

to Strally

& B. Dell 2nd April.

Agents: HOLLAND-EAST ASIA LINE

RIJNBERK"

Arrivals

from Shanghal 14th March.

Crom Japan

28th March,

"MELISKENK”

Tanks Availnisie for

& Shanghai

Oit in Bulk

MARIEKERK"

*MOLENKERK"

from Europo Early April.

from Europe Early May

Sailings

to Europe via Manila & Straits, 13th March.

Europe via Manila & Straits

20th March.

to Europe vla

Manila & Straits, Mid April.

to Europe via

Manila, & Strails Mid May.

Transhipment cargo on through Bs/1.accepted to Indian,

Mediterranean and Northern European ports.

Office Address: King's Buliding, Phones: 28015, 28010 & 28017

Tel, 31196 & 21533 Chinese Arents: 82, Cannaught Rd..

DE LA RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST

VIA LOS ANGELES & SAN FRANCISCO 1.1. "DONA AŬRORA”

SAILING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

m.y. "BENARES"

m.v. "BENGAL"

mm.v. "BENARES"

.15th Apr. End Apr.

12th Mar. End Apr.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 23676-22675

CHINESE SHIPPING OFFICE Tets. 23738-20153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "MONGOLIA"

NOW LOADING

for

ADEN, PORT SAID, GENOA, ANTWERP, KOTTERDAM,

BREMEN, HAMBURG, OSLO

GOTHENBURG

COPENHAGEN.

AND

Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

Queen's Bldg, Zid float:

Tel. 34111 & 34112

CHINA MERCHANTS S.N. CO.

S.S. HAI TAI

THE CHINA MAIL, BATURDAY, MARCH 12, 1949.

FINANCE AND

EFFORT TO

COMMERCE

STABILISE

WORLD COTTON PRICES

Washington, March 11.

Cotton exporting and importing nations will meet soon to decide whether to attempt an agrop- mönt 'aimed at stabilising cotton prices. Such an agreement would be modelled after that which on international conference is seeking to negotiate here for wheat without much suc- cess thus far.

The cotton meeting will be kold in Belgium on April 25-30. it is being called by the In- Advisory tornational Collon

Council, an inter-governmental

agreement, last discussed at a

of the Council meeting Catro, Egypt, fast year; wer

return postponed pending more nearly normal. world con- Jitions after World War I.

of

agency which has been strug- Amerient delegates may ad-

and vis

gling with world price market problems of cotton since

Hong Kong Stock Exchange

The Morket has slipped into a groove. Weeks have opened with flourish, Grm prices and a fair turnover. This lasts for a wolle

thereafter

fade away and buyers sellers become Inclined to fall thr ofters at

at rates below those pre- viously reported. This is evinced by Buctuations shown la quuti- by tions during the weeks, which, although only fractionat, point to the fact that the Market Jacks Austained support.

become may

postponement of negotin- tons on a cotton agreement until Before the war,

after a decision is renched in a The US bus beun major wheat agreement. It Meanwhile, To pet 05 the move ike or In

necessary for the US. either to agreement.

The iden is to divide world allow cotton markets to dwindle markets of both wheat and col-further, or to take action, such countries as possible export subsidies, to An among exporting

on a basis that would assure each inake its cotton competitive in a has changed

its fair share of exports at prices world market that fair to both producers and con- from Buviers,

The

seller's to

1 buyer's market since the war-Associat- matter of 2 cottoned Press.

21

KOREA STEAMSHIP COMPANY

DEPARTMENT OF TRANSPORTATION REPUBLIC OF KOREA

DIRECT LINEr servicE BETWEEN HONGKONG AND KOREA

S.S. KUMCHON",

DUE MARCH 12

LOADING ON OR ABOUT MARCH 20.

for

S. KOREA

For freight and further particulura,

Apply to:

A.P. PATTISON & COMPANY

Of Bhanghal, Hongkong, Seoul Pusan, Tokyo, Yokohama, Koue,

Osaka, Nagoya, Taipeh and Keelung.

---GENERAL AGENTS———

CHARTERED BANK BLDG., TEL. 25348 CHINESE SHIPPING OFFICE:-

20, Connaught Road C., Tel. 24639.

STATES STEAMSHIP COMPANY

S.S. “OREGON”

LOADING 16th MARCH

for

VANCOUVER, SEATTLE Puget Sound and Colorado River

DODWELL & CO., LTD.

Agents Tel. 28021/6

STATES MARINE LINES

·

FAR EAST SERVICE.

S.S. «GARDEN STATE"

Duc Hongkong 14th March, 1949

FROM

NORFOLK, BALTIMORE, NEW YORK AND SAN FRANCISCO

Agents

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

Union Buliding,

Telephone 31341

The Hong Kong Hotel Directors announce that they will shortly issue new shares in the propor- tion of one new share for every four old shares at par--$7.30. HK, GOVT. LOANS:

45: Jan 1356,

als Loan (1971 & 1940) 184 3⁄4n, Loan (1948) 1928, BANKS:

T.K. 5, 1ank 1745h, 1790%, 1750/55+0.

(Ln, Reg.) £10. Charleroi Bank 211-3/16, Merennille Bank A. & 1, 42ìn.

Bank of Ehet Aslo 13,

INSURANCES;

Canton Inn, 170n.

Unton Inn, 7100, 190,.

China Boderwillere 6.2AD, G.BURN,

1.K. Fire Ins. (X,D.; 2000.

HHIPPING:

Tour Iners 2971.

IK. & M. Steamboats 1720,

Indo Chiina 11-13 050,

(D) 26:

Mutta sentery Chan.

Union Waterbomis 36%.

VOCKS, WHARVER, GODOWNS, Etc.

H.K.K. Whartes (0) 130 b.

(New) 135,

North Polos Wharves 419m.

H. Hongkew Wharver 200,

R.K. Dock 28«, 2014ax.

China Provident 19.

Bharthat dockyards (X.D.) 19. Wheelocks Job.

MINING:

Baub Mines 4iga.

H.K. Mine DEND,

LANDS, HOTELS AND BUILDINGH:

.. Hot (XD) 10%.

1.55. then 15, 121, aim.

Shanghal Lands 3.20b, 3.504, 0.157.20ja. Humphrys in.

H.K. RentGen Ba.

Chinery Einin 1701.

PUBLIC UTILITIES:

1.K. Tramways (X.5.) 10.30m.

Peak Tram (01) 203ân.

(New) 710)

Star Ferries 122b, 124/3/4ka,

C. Lights (0) 148, 14.80%, 14.707,50m, j

(New) 10%, 10,40,

II.K. Eeries 1X.D.), 0, sayin Maceo Blectrlen 266.

Sandakan Lights 18Man.

Telephone, 3034, s.

Shanghal n

INDUSTRIALA:

Cald. Macu, (Ord.) zin.

Canton era în.

Câmerita 454h, 201⁄4m, Sóm

II. Ropes als.

STOREA, Èt.:

Dairy Farm (Old) 40 láb, t0/4lan.

(New) Bulih.

Wxtxans 52b, tda.

1. Orawforda (Old) Zīm.

(New) 255.

Sinceres 6.40.

China Kmplum 1th, Sun Co., 110, 3. Kwong Bang Hout 15. Wine On (H.K.) 100h. Wo. Powell, Lid. lin. MISCELLANEOUS:

China Entertainments 4in. ILK, Constructions (Old) se.

(New) 4.

Vibros (X.D.) 15%;m.

Warman Invenimania 27.1. Marchen (168.) (27, Shanghal Loan 2 b.

Ynurtases 4b,

COTTONH:

Em 16

RUBBER, ETC, COMPANIES,

Alma Button 4.

Batu Ama 20. Bute Plant. in. Chemores 30n.

Cheng Rubbers 23h. Consolidated 115%. Dominions In. Fudangs 25. Repah Stubber* 250. Rubber Truste în. Bamagagra 70k. Berambu .300. Sh. Redaba 1% n.

Sh. Malay 41.

Bun Manula 10.

Tanah Meraha 800.

Tabongs (401.

LONDON STOCKS

London, March 11.

Prices on the stock exchang were generally lower. Trans-

New York Stock Exchange

wers almost

New York, March 11. Stock

changes Price mostly small fractions, evenly divided between gains and losses. Trading Wis Kkimby: 030.000 shares changet hands.

Typical changes Burlington Mills, down at 14%, National Biscuit up at 33.

Orily. 021 issires were traded Of these, 362 advanced and 331 declined.

DOW JONES AVERAGES

Black 1.11.

20 telej 176.04.

76 Rain 47.14,

2 Jetties 33,02.

CLOSING STOCK QUOTATIONS.

Admm Flaures 18, Alanko June 3. American Can 919. American 9melting 40% American Telephone 148. Amerigna Talmero «B%. America Waterworks 7%. Anaconda Conser 11%. Aviation Corp. 64. Ballwin Lermative 1015. Vorschull 4 tu. Bendix Aviation 21, Delhickem Steel 31.

Bing Alterasi 24. Burden: Ce. 20.

Canadhan mele 12.

J. I. Can 25%.

Chryster -4.

Culante 12.

Commercial Solvents 14%. Capa Prostuela 69%.

.184 תו Zou

Eastman Kulak 44%. Electric ghi & Pumer 22. General Electric 374.

General Motors 04.

Goodrich 02.

floodyrat 12.

Honestake Mining 39%. International Harvester 215%.. Internilai Patier 4054. Internationl Tel. Tel, D. Johns Manville 37%. Kenners Copper 40%. Montgomery Ward R. National Distilleen. 17. National Lead $1. New York Central in. Parkori Mutar 5. Pan-American Airwaga 15%. J'eumrivasin RI 15, Radio Corp, 124. Menubile Steel Zin. Reynabh Tobacco 31. Beb-aley 26.

Brats Roebuck 20%.

Shell 011 35L.

Rony Vacuum 14.

Southern l'ecific 42n Blend end 10%. Standard Dil of Callt, 9. Banderd Of of NJ. 8. Studebaker 185.

Union Baz 28%.

Unit Carbide 59.

Us Rubber 2014.

US Steel 7214.

UA Llues 1935.

Westinghouse 24.0

Youngstown Sheet & Tube 89%. General Public Utiles 12%-

Aseuelated Press.

RUSSIAN EXPORT OF WHEAT

Washington, March 10. Russia will provide 50 million bushels of the annual 505 million bushels of wheat to be supplied by exporting countries under a proposed new International wheat Pgreement.

Russia had asked for a share of wheat ore-fth in the world's

carlier negoliations. exports in There was no explanation how she had been persunded to accept half that amount-Reuter.

BANK DIVIDEND

At the stockholders meeting on April 4, the Directors of the Chur- tered Bank India, Australia and China, will recommend final divi- dend at the rate of six per cent actual, subject income tax making 12

for the year. cont per Allocations: £100,000, Pension- Fand; £15,000, Widows and Or- phone Fund; £150,000, Bank Pre- mises; £106,437, carried forward" The dividend paid for the year 1947 was at the rato

of 12 per cent per annum.

SHIP MOVEMENTS;

'San Francisco, March 11, The steamer Julia Laickenbach sailed on Thursday for Yokohama, Seattle: the H. H. Raymond uctions were limited. Losses were aniled for Yokohama.-Associated due to neglect rather than selling Press. pressure. Irons and steels wero somewhat resistent. Government. securities moved against the general trend.' Kaffis” čased 'an traders awaited results of the South African elections,

The Financial Times Index

114.5, off .2:—Asfociated Press.

Pacific Far East Line, Inc.

Fait Regular Trans-Pacific Service

DIYOT

SAN FRANCISCO, KOB ANGELES

OVERLAND

NEW YORK-GIGADO DETROFITURONLY MONTREAL AND ALL AMERICAN & CANADIAN VITLER”

NOTICE TO CONSIONEES

HOLDING

P. & 0., B. 1. &, E. & A. BILLS OF LADING

Mozara. Goddard Douglas will atrend, X 10 hp, on Moh- days and Thursdays within. the free storagepërtoj Ho survey damaged cargo, and consigues ace requested to hara thịt representatives present,

Unleas comfgnees Teposentatives a present at the Burvey no claima Can thereafter be admitted,

MAGKINNON, MACKENZIE

Eno Francisca

star. `t

#

JULIA LUCKENBACH”

**SEA "BERPENI? ↑

Apr.

San Francięce i Los Angrien

Ban Francisco 1à Lie skaitliu

& CO.

Apr.

*LIGHTNING" +

Apr. 17

San Francisca à Làu Angrien

Ban Franclaes M Dòn Alchèlen,

Agents

D. B. N. O

6.S. HAN MIN

SAILINGS

Haiphong & Hatkow, Mar. 13 Foochow & Shanghai Mar. (With Passenger Accommodation)); Cargeter Teing

Tiantain acceptable

For full particulats call Genera) Agenta. UNITED STATES LINES

Chidama, Ikig Tol, glaci

AMERICAN PRESIDENT LINES

Cargo Oil Tanks Refrigeration Cargocaire

TO HONOLULU AND SAN FRANCISCO

via Shanghai & Japan

"General Gorüon" .....

"President Clavélară”

"President Wilion"

Mar. 20

Apr. 3

April 24

TO SAN FRANCISCO AND LOS ANGELES vis JAPAN

"President Tate" ......... "President Madison" (calls Shanghai) "President Pierce"

Mar. 20 Apr. 1 Apr. 14

TO NEW YORK, BALTIMORE & BOSTON VIA PANAMA

"President Fillmore" (cafts Pacific-Dcast); Sagun Mar

Apr. "President Tylor" (valls Pacific Coast)

ROUND-THE-WORLD-

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ,

PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON

"Mount Mansfield" (Singapote Direct)

"President Monroe"

"President Buchanan"

St. George's Bldg.

Mar. 15

Mar, 29 Apr. 2

Tel. No. 28172 /28178

American Pioneer Line

Arrivals from New York, Boston, Other Atlantic Ports via Panama "PADUCAH VICTORY" "PIONEER BAY"

1

Sallings to Manlia

"PADUCAH VICTORY" "PIONEER DAY"

Diar. 20 Apr. 10

Mar. 21

Apr. 11

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

Shanghai, Japan & Panama Canal

"PIONEER COVE" "PIONEER 'SEA" *PIONEER TIDE"

-Special Cargo Oil Tanks —

Due Mar. 16 Uue Mar. 21 Duo Mar, 26

Salls Mar. 18 Sails Mar. 22

For Full Particulars Cal

5

Sally Mar. 27

The above list Indicates the principal ports of loading and discharge as presently intended but not their rotation. For further Information sge schedule at the Company's Office.

UNITED STATES LINES

Queen's Building,

Company

Tel. 31251 (3 lines)

BENS LINE

SHIP

"SALMONTER" *BENYORLIUN"

"BENALBANACH" "BENCLEUCU”

+"BENCRUACITAN"

"BENMACDNUI" "DENWYVIS"

SHIP

"SALMONIER"

BILINE

ARRIVALS

FROM

Japan U.K. via Mania

DUE

13th March.

12th March.

Abt. 15th March.

Зарап

ILK.

Singapore

F

U

ม

LAK.

Et

SAILINGS

TO

Kohslchang, Singapore, Colombo, Seychelles. “DENALBANACH" *BENCLEUCI"

London, Antwerp, Rotterdam, Ifuli. "BENMACOBUI”

Liverpool, Havre, "BENVORLICH"

Antwerp, Rotterdam BENCRUACHAN' 3 &. Hamburg.

{"BENWYVIS"

......Genos, London,

Hull & Leith.

Accepts cargo for Shanghal

Shanghal & Japan.

↑ Calls at Dar-es-Salaam... *!, .......

Port Sudan, & Hull,

#

2nd half Mar.

end Mar.

1st half Apr. 2nd half Ápr.

LOADING

15th March. 2nd half Mar.

-do- mid April. Abi. end Mar. 2nd half Apr..

Abt. end April

For Further Particulars, Apply To-

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

York Building.

Agents

Telephone: 14165.

KLAVENESS LINE

SAILINGS

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

M/S. "CASTLEVILLE".:A.

... 30th March Arrives Los Angeles 16th April ··· ARRIVALS FROM PACIFIC COAST · M.S. "BOUGAINVILLE” “

Salling to Singapore, Port Swettenham Tenang Batavia M.Š. “BOUGAINVILLE”

Puntata gide,- Spcostrilo dallon Chinese Treight Agents,

HOO FOOK PING

24th March

25th March Bulk Oil Tanka į

THE BANK LINE,

"(CHINA) LTD..

THE BANK LINK (Chính)"Litd: King'a Hollding. Tel. 27702.