1949-05-10 — Page 12

Puge 12

THE CHINA MAIL, TUESDAY, MAY 10, 1949.-,

ROYAL INTEROCEAN LINES

COURSE IN DU setterande de KönNTURE FINALENRAY FARAVAKS OULUN ÉVAA

·JAVA-CHINA SERVICE.

"THISADANE"

**UJIBAÐAK”

**TJITJALENGKA“

+

· Arrizals, In port

from Macassar

de Java Ports 11th May.

from Macassar

& Java Ports

26th May.

as

Sallings

to Java. Ports & Macausar

12th May.

to Shanghal 12th May.

Java Ports

& Macassar 25th May.

to Shangha!

27th May.

to Java Ports

A: Macussar

9th June

HONGKONG-MANILA-CHINA SERVICE

"TASMAN"

Arrivals

from Manila & Amoy 11th May

Ballings

+

to Manila & Amoy

12th May

SUMATRA—MALAYA-CHINA SERVICE

"VAN RIEMSD(JK"

"VAN HEUTSZ"

Arrivals

from B. Dell

& Straits

20th May.

from B. Dell

& Straits

1st June

Ba

to Straits & Belawan Deli 28th May.

to Stralts &e

Belawan Deli (

101 June

ASIA-AFRICA-S. AMERICA SERVICE

"STRAAT BOENDA"

**TEGELBERG“

#TUKAMPEK”

Arrivals

From Japan 21st May

FROM SOUTH

AMERICA &

7th June,

Salling

to E. & S. Africa

& S. America

24th May.

22nd June.

SOUTH AFRICA.

18th July,

18th May.

All Steamers Calling Mombasa & L. Marques Direct

Transhipment cargo on through Ba/1 to Dar-Es-Salamm,

Zanzibar ace epted on all nailings. Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK"

*MEERKERK"

"AMSTELDIJK"

'REEMSKERK"

Arrivals

· Sallings

In purt

to Shanghai, Japon

from Europe

11th May.

TO EUROPE

VIA MANILA,

& 8TRAITS

end May.

End June.

enrly June

early July

End July.

early Aug.

end August.

Transhipment cargo on through Bs/L accepted to Indian,

Mediterranean and Northern European porta.

"SILVERPLANE”

Agents: SILVER LINE

Arrival,

Sallings

From U.8. via

to Shanghai

Pacific Coast

10th May.

Office Address: King's Building, Phones:

Chinese Agents: 82, Connaught Rd.

餐,烈。

& Japan

11th May.

28015, 28016 & 28017

Tel. 31198 & 21533

DE LA RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST

VIA LOS ANGELES & SAN FRANCISCO' "DONA, AURORA"

m.v. "DONA „NATI"

M.V. "BATAAN"

FINANCE

GIMERCE

Underwriting Proceeding

Loan To Malaya Govt

For

H.K. Stock

Exchange

There was a fair turn-over tollay, but at a slight decling in prices.

H.K. GOVT. LOANS: “

40% Loan 102n.

Set Lean (1931 a 1940) 1020. 34244 Loan (1048) 302. BLANKHI

II.K. B. Blank 1860, 1570an,

(Lon. Nya.) £¤1⁄4». Cetered Dank 11. Mercantile Bank A. & D. £208. Rank of East Asia 15ện. INSURANCES

Canton Ina. atob.

Union in. (N.D. 465b, 687 1⁄2na. China Undorwelten 2,00%

H.K. Fire Lor 220b,

HUIPPING:

Douglas 237..

FLX. & M. Bleatsboata 17. * Indu Chines (Prel) {X.D.) #0n.

(Del.) (X.D.) 130n.

Shelle (fleuter) 14/88. Union Watátbont 30%. Ada Nav, „dib, „Kom. DOKA, WHARVES, GODOWNA, Eie.1 H., K. Wharves $15, 15. North Point Wharren B, ov, 5 rum, Shangh | Houghow Wharves (XD.) Zen. 11.K. Ducks (K.D.) 10s.

Chlon Providenia: 12a,

Bhangbal Dockyhrda 7.1Gb, 1.20 Wheelocks 21b. 21sa.

MINING

Raub Min

40.

H.K Mines 1,165.

LANDS, HOTELS & BUILDINGS;

M. A 3. Hatala 10.00b.

J1/1.10/14

H.K. In 191⁄4%h, Goan.

Rbanghal anda £24.

Humphreys 102).

H.K. Realle 20.

Chinese Fatates 105h,

PUBLIC UTILITIES;

Tramways

H. K.

16.60/.40mm.

Teak Trama (Old) 18m.

[New) 19m

Furries 1124,

C. Jahte:

11.20

14.206,

15.60%

(0) 12h, 12.896; 12.00/.7914, (New). 8.66b, X.TOM, 9/8.70am. IX. Electrics 35h, 114, 38%%/71m. Marno Electrics Rib, 25, 24am Sandakan lahta

Telephones 11, 21.

Shanghai Gan in.

INDUSTRIALST

Ind. Mag. (Ord.) 28m.

Canton Ira Th.

Cement 27». 20%.

1.K. Ropes 18.80n,

NTORES, Ex.:

Dairy Farme 30%, 85/1 }*** Watsons 41, 41/41.

I. Crawfordo (Old) Zn.

(New) 21n.

Sincere

6.4.

Chloa Emvarium (X.D.) an

Bun Co., Ltd, 24.

Kwong Band kong 1856.

Wing On (II.K.) 1006.

Wm, Powel, 1,8), 118.

MISCELLANEOUS

China Entertaspments (X. Ml».) 201⁄2 ». 1.K. Contructions (Old) $n.

(New) *n. Vitre Pinge 16.

In port

22nd May

28th May

Maraman Investments 8/8. Maraman (H.). Shanghal Inað 2.404, Yanatame n.

SAILING FOR U.S. ATLANTIC COAST

VIA LOS ANGELES

A.A.

"DONA AURORA“

(calls Shanghai & Japan) 4th June

v. "DONA NATI”

"

22nd June

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines);

CHINESE SHIPPING OFFICE Tels. 23738-20153

MARINA HOUSE

Tels. 23676-22630

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN-

M.S. "KOREA ”

LOADING MID MAY

for

BURG

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN.

Tanks avaliable for the carriage of oli in bulk.

THE EAST ASIATIC CO., LTD. Queen's Hldg., 2nd floor. rel. 34111 & 34112

"WEEKLY CHINA MAIL'

CONTAINING ALL THE LOCAL NEWS.

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD"

Price 50 cents

ON SALE EVERY THURSDAY.

COTTONS:

Ewon 5.20x, A3⁄4m.

RUSBEA, ER, COMPANIES:

Alma Eulges kiln.

Batu Anam 25m,

Role Plantations In. Chemore United 308. Cheng Rubbery „230; Comandated Rubbers In. Dominion Jubber in- Padang Rubbers 201. Betak Rubber 26, Rubber Trusta 20. Hamers Rubbers Ton. Hemembn Rubbers 30n: Shanghai Kedaho In. Shanghai-Malays dr. Bhanghel Bummatras -10%) Some Burl 19.00. Tanah Meriche Bün. Trbena Rubbers 201.

Notice To Consignees -

CONSIGNEES 'PER' STATES STEAMSHIP

COMPANY

5.S. "COLORADO"

London, May 8.

The Colonial Office announced tonight that under- writing is proceeding for a thres por cent loon of obout £8,000,000 for the Government of the Federation of Malaya. The loan will bo redeemable between 1974 and 1976 and will be issued at par.

Germany's Money Shortage

Dusseldorf, May 8. What is worrying people in Germany-Germans and Allied, high and low-is a shortage of

money.

This dworls all the problems of Berlin and the Eastern zono and the new constitution, which one occupying their minds.

The prospectus will be issued on May 10 and the list would expect to

will open and closed on May 12.

A statement from the Colonial Offee, Issued in connection withi the loan, and that the Federa- tion of Malaya is the world's greatest producer of rubber and tin. and earns more dollars than any other country in the ster- Ung area.

"Although these are the foun dotions of the territory's economy, a wide range of other tropical products is also pro- duced, including vegetable olls, In which there is an important export trade, and rice for local consumption.

lauriety of other minerals is mined, progress is being made with the establishment of secondary industries.

Business Qutlook

In America.

h

be

will But, shortage of nioney affect all these other things.

It is a shortage of Gorman For, the this strange dolinre and

inoney, not, of dollars. moment, at least, country has more

other breign exchange than it can use. Its shortage is simply of deutschemarks.

At present it needs Marshall Aid only for the Deutschmarks which hove 10 be deposited ngainst dollar ald. This is like boiling eggs to get soup.

of

New York, May 8. The bloess outlook in the

It has some astonishing results. United States was clouded by As a time when many German growing labour strife this week.rre still living in bunkers with- The Ford strike and numerous out renitation and when there is smaller ones now dofting the ginple labour and material for scena come at a time when in-house-building, there is actual dustry--the automobile and steel unemployment in housing for inck makers excepted are battling a

of money to pay for it."

One

roaton is the "phoney strong postwar deflationary. de

federalism" which was wished on with none too much success.

Western Germany by well-inter- "Great and successful efforts Any prolonged interruption in

tioned people who thought the time have been made in Malaya since a major industry at this the war towards the rehabilla-would pile up confusion in the best thing for Germany would be

to become another Georgia. tion of the country's baste indus- business world and score telling

This has had the result tries and, ticapite the disturbances blows on business sentiment.

leaying tax money in places like created by the bandits during And any new wage increases in Hamburg and Bremen, where it the past 12 months, the produc- basle manufacturing such as steal happened to be collected, instead tion of all commodities has con- would do much to reverse the of spreading it to the places that

and to

gut costs down to the tinue to increase," the statement trend

need it. But there are other and added.

Polot wherp buyers will become

deeper rensOTIS, Interested in the nation's grow. As another example, coal-mine "Indeed,

are Ruhr production ing pile of manufactured goods. rubber

now, trucks for the High prices bave kept many ready for shipment in Belgium. ranched rapord levels in 1948, and it la estimated that produ consumers from buying anything Foreign exchange to pay for Tham tion in 1949 will be maintained except expentials. This has rois assured by Marshall Ald.

delivered principal credit for they cannot be at this high level. An Intensive celved the policy of encouraging re-plan bringing on the most pronounced somebody nds 8. way for

the national German importers to alnice ting with high-yielding rubber recession

was freed of wartime marks for them, trees is being actively pursued, economy

Money is scarce for doing cur- beth for estaten

smati controls. and

rent business. It is still scarcer for the long-term capital projects which are so vitally needed for Germany's reconstruction.

holders. The alm, la to bring Key To Business

the percentage of now to oldi traca the estaten up to 251 per cent by the end of 1949."

on

Timber Resources

Mc. A. W. Zelomsk, widely re- cognised as an authority in the retail fleld, told a group of Texas businessmen that further reduc- tions in prices is the key to the antire business situation at the moment

After giving figures of rubber, tin, palm off and coconut oli "The speed with which the pro- production since the end of the sent business recession, runa lis war, together with tables

of

course depends chiefly on

the Mnlayn's exports, the statement aingrity with which durable goods said that, In addition, Malaya producers are able to get their has large timber resources and costs and

prices down,"

tho communications are being im- the chief

chies Ecthomis for

Inter- Statistical proved to enable these to be de national

Burcau said. veloped.

Highlights of this week's bust-

It also mentioned the possibility ness chart included another dip

of cocoa production, the recovery in Industrial production, addi-

of coal output, the rehabilitation | tional price, drops in metals, lu

three

The Global Flest

TO HONOLULU AND SAN FRANCISCO

Vħa 'SHANGHAI & JAPAN Predklont Cleveland"ižší oderá

"Paraldent: Wilson

“General Gordon" (via Manila & Japan)

1

May 20

Japo Јице 25

TO SAN FRANCISCO AND LOS ANGELÉS”

VM JAPAN

"President MyKinley". "Tresident. Taft".

- TO NEW YORK, BALTIMORE

..

יין

via FANAMA

"President Grant" (Direct to Pacific Coast) "President Jolinson“ (Pljest to, Paçitio Coast).

ROUND-THE WORLD

May 11

** BOSTON

May 29

May 12 June 16

VIA MANILA," SINGAPORE, COLOMBO, KARACHI, SUEZ,

FORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,"

GENOA, NEW YORK and BOSTON

Tresident Van Buren"

-President Jefferson" .....

May 10

"Marine Snapper" h........

May 17

May 28

ARRIVING FROM SAN FRANCISCO

May 18

St. George's Rida.

Tel. 28172/5.

“President Johnson"

BENSLINE

SHIP *"BENRINNES***

But

*BENAVON" "BENARTY"

until

*BENVENUE"

▾

the get the

Nobody knows how this prob

lass lem enn ba solved. Stil does anybody know what will happen if and when money has lo be found to reconstruct. the Eastern zone.

'Some long-term projects have actually been financed by 90- the banks. day credits from This was madness by ordinary banking standards, but money had to be found somehow to keep things going.

One banker who has bom ex- tending such credits says' his' worry is not the 80 days but the 90 nights. Germans themselves, high and

resisted

tho

heretofore.

deutschmarks successfully. usted a release of lower trend in food and deposited against Marshall clothing. Retail trade Improved lower costa: lower taxes, to leave

the

Aid:

of the pineapple canning industry ber, hardware, industrial chemi- low, can see five different ways Cx- cals and other Hines that have of selving it. Their way include and the improvement and pansion of electricity supplies.

the Revenue, statement sold, has risen sieadily during the last

to the years, but up to the present a bit over the bus work but industry with more money 10 by heavy costs of rehabilitation, was sazin under the 1948 period. vest; investment of private money. heen Business loans continued to sag from the United States and. Bri- have measures borne entirely by the local Gov. There was an improvement, how-tain, and possibly a creation of German Central ernment. As a result, its surplus ever, in the inventory situation money by the

Bark, the money to be allocated assets had been recluced to about of manufacturers.

Automobile production declin-to the coal mines, steel industry, £10,400,000 by the end of last

of railways, housing and other things ed as a result of shortages year.

materials brought on the Bendix which are so terribly needed.. strike and lowered worker efl-Itcuter.

security

The Colonial Omce said, how. ever, that Britain would pay &

million towards the internal sociency prior to the effective hout

of thes Fard strike.

curity expenditure in Malaya in Total auto output in the Unit- World Wheat

the

current year and, in addition, | 4 undertook to meet the full costs week was 128,185 units, compar

ed States and Canada for the

of the Imperial forces in Malaya ed with 130,433 in the previous

in 1948 and 1949, and promised week. Production expected to to consider further financial

sistance in 1950 towards the se- curity expenditure.-Reuter.

Notice To Consignees

CONSIGNEES-

PER AUSTRALIA- WEST PACIFIC LINE

M/V “AROS”

Prospects

decline fast if the, Ford strike is Not Too Good

the

prolonged:

·Steal. production, full for

Ottawa, May. 9. fourth straight week. The rate The world wheat production of '073 per cent of capacity com- picture is discouraging. The pared with 97.5 the preceding Statistics Bureau says the out- greek-Associated Press. -

look for the new world wheat crop, to be grown and harvested this year, is somewhat leks Noties Ta Consignees promising than it was a year,

ago...

are hereby notified that their

1.6. "MAIDEN CHEEK"

It said the United States, with cargo la being discharged into are hereby notified that their

screage in excess of last year's the

Hongkong & Kowloon cargo is being discharged into Having arrived Hong Kong and generally, favourable growing Whart & Godown Co's gudown the Hongkong. & Kowloon consignees of cargo are hereby conditions, should equal and per- where it will lie at Consignees, Wharf & Godown Co.'s godown notified that all goods have been haps exceed its 1949 production of risk and subject to the Wharf's where it will be at consigneo's landed and placed of their risk 1,280,000,000 bushels, terms and conditions of storage, Į risk and subject to the Wharf's and expente into the godowns

But prospects in Canada were not favourable. Wheat acreage and where delivery may be terms and condition, of storage, of the Hongkong and Kowloon Canada is estimated in the rt- obtained.

and where delivery may be Wharf and Godown Co., Ltd. Fort at 24,115,880 compared with Damaged packages and to be obtained.

whem delivery may be obtain- 23,045,000 in 1948. Pre-seasonal left in the godowns for “aż- amination by Consignees ant

Damaged packages are to be ed as soon as the goods are rainfall throughout most of the Western Canada grain belt was landed. Company's Surveyors, Messrs examination by Consignees and

Left in the Godowns -- for- Fu

much below normal and there Carmichael & Clarke ht 10.

No claims will be admitted were also dismal prospects, of

serious-grasshopper infestations. am. on May 14, 1919,

Company's Surveyors after the goods have left the To comply with. General Mesars. Carmichael & Carito al godowns or failure to attend the acreage of winter wheat and Jack In Europe, 'ä' amallar, seeded Bonded Warehouse Regulations 10 nm. on the 10th May, survey.

** of adequate rainfall indicate'a ry.. consignees must have “a Re- To comply with the General All brokop, chafed and from the 1948 level

duction in the buttumn of wheat venue Officer in attendance Bonded Warehouse Regulations damaged goods are to be left when damaged dulablb goods consignees must have a Retha godown where they will seeding is progression in Austra

In the Southern Hemisphere, pro examined.

venue Officer/la-zaibendanoc -s exumined in the presence of la and Argeallum under generally. No claim will be admitted when damaged dutiablo goods McGoddard, and Dengine favourable conditions and there have been no indications, tá data. after the goods have left the examined.

No claims will be admitted 12/1/1949 at 10am) of any appreciable hanges Steamer's goddown, and 11

after the goods, have left, the To comply with the General ed Press,

acreage, from inst yoor--Associat goods remaining · undelivered j alher May 16, 1940, WF Bestemor's godowns and all Bonded Warehouse Regulations, as subject to rent. /

goods remaining undelivered, consignées most have la Re-

„All claims against the -mer, muteẾNG

·Undersis May 23,

not be

-Mo.-

> the..

In

alter the 11th May will be sub- venue Officer:/hattericance. Money Market

**BENLOMOND"

*DENVRACKIE" "DENLAWERS"

SNIP

"BENAVON" *IENVENUE "BENEAWERS"! "BENRINNES [“BENARTY" S"BENVRACKIE" "BENLOMOND".

ARRIVALS

FROM

U.K, xia Singapore do

+40

- do www.da

SAILINGS

To

London, Antwerp, Rotterdam, Ham- 'burg & HiF Liverpool & Glasgow Liverpool, HavEO, Antwerp, Rotter-

dam, Hamburg.

DUK

Mid May 2nd half May. End of May. 1st half June. 2nd half June. End. June, Early July,

IDADING

2nd halt Mag. 2nd half Jane 1st half July.

1st half June.

* 2nd half June. 1st half July.

Genoa, London, Ant- 2nd half July. twerp, .. Rolterdam

Hamburg,

• Accepta cargo for Japan

I calls at Port Sudan.

For further Particulars. Apply To-

น

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

York Building.

Agents

Telephone: $4165.

The SWEDISH EAST ASIA Co., Ltd.

M.S. “HALLAND”

IN PORT Loading for

ADEN PORT SAID GENOA, MARSEILLES,

CASABLANCA

WERP," ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO and GOTHENBURG. For further„barticulars apply?—.

GILMAN & CO., LTD.

Agente.

ISTHMIAN LINE

fisthmian. Ateamship Co. of NXJ

"LONGVIEW VICTORY

́LOADING Z1st, MAY

'LOS ANGELES, and NEW YORK

For further particulars apply:~

GILMAN & CO. LTD.

121164 CHINESE PEL GHY 'AGENTS:--- HIN RAT & GO., LTD. Tala: 23433 and 28828

KLAVENESS LINE

BAILINGS.

Direct to Los Angeles, In 16 days Thence San Francisco,:

MS. "SUNNYVIE

ཆོས་

Ject to rent

when examining damaged duti-f5, NEW väll claims a jurist the steenter] Khte" Foods," AT Cisims agairist yesterday with little change from

The money market reopened M.S. Fbatust be Tiresanted to the-úndu the vessel mis, be presented to under

M.S. Algoed on os beforé » the 18th the

Within four US dollars opened at HR30.17 May, 1949 or they will not be teen days of *@hip'n'arrival, und -elouchONE: BURME

oe, £iger-will- nesibe means

Starling was at 10#16,80, "ard

8.40.1

will be

co.

BUTlonin, wara stationery me1 13}

84.80

M.S.

ouver, Seattle & Portland

OM PACIFIC COAST

June