1949-05-13 — Page 12

Peso-12

ROYAL INTEROCEAN LINES

"TJINADAK“

JAVA CHINA SERVICE

"TIITJALENGKA”

"TJISADANK"

[3

Arcipelag DAS F; "Ballinga

from Shanghai 21st May,

from Macassar

& Java Paris 26th May.

from Macassar

& Javoports pili Jutie,

to Javá Ports

& Macassar

25th May.

to Shanghal

27th May.

to Java Ports

& Mindnsanr

9th Juno

to Shanghat 10th June.

to Javapurts

& Macassar

23rd June.

HONGKONG-MANILA-CHINA SERVICE

"TASMAN"

Arrivals

From ManỐC Amoy 21st May.

- Sailings

1st May.

SUMATRA-MALAYA—CHINA SERVICE

"VAN RIEMSDIJK"

"YAN HEUTSZ"

Arrivals

trom B. Dell

& Straits 20th May. from B. Del! & Straits 151 Jurus

ASIA-AFRICA-S. AMERICA

"STRAAT BOENDA"

TEGELBERG"

*TJIKAMPER"

"RUYS"

Arrivals

From Japan 23th May.

FROM SOUTH AMERICA & SOUTH AFRICA, 7th June.

18th May.

10th July,

Hattinge

to Straits & Delawan Dell 28th May.

to Siraits &

Belawan Dell 10th June

SERVICE

Sallings

TO E. & S. AFRICA &

8. AMERICA 26th May.

THE CHINA MAIL, FRIDAY, MAY 13, 1948,

FINANCE

AND

OMMERCE

TRADE EXPERTS FEAR SLUMP IN BRITAIN

H.K. Stock Exchange

Government

The three HK Loans are in good demand and a quantity has been taken off the market at the quoted prices. Tho reat of the market is quietly | louds, and a luw, countora Haye been marked up.

H.K. GOVT, LOANBE

4% on 101.

aj% Loan (1084 m' 20403, 2001, 101. Loan (4048) 1001b, 102. 1012 100am. (2'lum 'Int)

BANKS 11.16.

Flank 1510, 1550, 1510s, (lenn. Rok.) EDİB. Chartered Bank $10in.

Mercantile Bank A. A. Adom. Bank of Emti Arla 13in.

INSURANCES:

Cantory Im. $201.

Union Ins. IX.D.) 6603, 4TN, GÖDER. Chipa Underwriter

I.K. Pie ma. 06.

· SHIPPING:

Douglas 1171.

S.TO%.

H.K, M. Steamboate 37.

Indo China (Pref;) (X:07) (01.

(Dr.) (X.D.)

shell (Bearer) 80/7}n, Union Waterbosta” 30jn. Abla Nav, 63h.

9.

DOCKS, WHARVES, GODOWNS, Etc.)

ELK. K. Wharves 117.

22nd June.

18th July.

10th August.

North Point Whares it..

h. Honike. Wharves (X.D.)- 16n.

1. Docks (2.23.5 18.

Chias Providenta 114, 11v.

Bhai Dockyards 7.10n.

'1

All Steamers Calling Membara & .. Marques Direct

Transhipment cargo on through Bs/L to Dar-Es-Salaam,

Zanzibar accepted on all sailings.

Agents: HOLLAND-EAST ASIA LINE

"MOLENKERK”

*MEERKERK"

"AMSTELDIJK"

'HEEMSKERK”

Arrivals

FROM JAPAN

end May

Bajungs

TO EUROPE

VIA MANILA,

& STRAITS

End May.

FROM EUROPE

End June.

early June

early July

early Aug.

End July.

End August.

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

Ptice Address: King's Building; Phones; 28015, 28016 No 28017)

Chloese Agents: 82, Connaught Rd.

Tel. 31196 & 21533!

DE LA RAMA LINES

ARRIVING FROM U.S. ATLANTIC COAST

VIA-LOS ANGELES & SAN FRANCISCO'

m.v. "DONA NATI"; 5...........décider 10th May M.V. "BATAAN”

28th May

1

SAILING FOR U.S. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

"DONA AURORA"

m.v. "DONA NATĮ“

(calls Shanghai & Japan) 8th June

17

+

22nd June.

THE DE LA RAMA STEAMSHIP CO.,`ING.

(Incorporated in the Philippines)

MARINA HOUSE. ... Tels, 23676-22675

CHINESE SHIPPING OFFICE Tols. 2373820153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "KOREA"

at

LOADING MID JUNE

for

ADEN, PORT SAID, ANTWERP, 'ROTTERDAM, HAMBURG, OSLO, GOTHENBURG AND COPENHAGEN. Tanks available for the carriage of off in bulk,

THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd Boor.

Tel. 341 34112.

CHINA MERCHANTS S.N. CO.

15, Connaught Road, West.

DEPARTURES

8.5. "CHUNGHAI” för, Kabbung

5.5. TÁI TUNG Singapore

Telephons 11635,

10th May 18th May

(With Passenger Accommodation)

For Full-¿Parkoklare „Please. Apply to the Above

Wherlock toh.

MINING:

Rash Mines din.

H.K. Mines „Dijn.

LANDS, HOTELS AND BUILDINGS:

11. 5. Hotel 10b, 10.80, 16.30/.10mm.

A.K. Landa' 519.

Bhat and t.iib.

Humphry job.

H.K. Realtire 2p.

Chinese Patates 1667.

PUBLIC UTILITIES:

H.H. Tramways 14b. 19a, 16/147za.

Peak Trama (0%) 18n.

(New) 10n.

Star Ferries, 1058

C. Lights (Old) 11.06.

(New) 7,90b, 8.10%, %.90/.80/8.Co H.K. Electrice 20ft, 291/a, Mano Electricn 24. Babakan lights n. Telephones ́1eb, 16/18žen #hanghai Cas 4. INDUSTRIALS,1

Cald, act. (Dr.) 55A

Danton Tees T

Cement 26t

Jr.K. Resen 18je.

STORES. Kie.2

Dairy Farms 30%, 291/29/22/KM.

Wateo 49, tajam.

L. Crawfords (Old) in

(Home) 23.

Binteres 0.80m.

China Emporium (X-D.) 30. Sun Co., Ltd. in.

Kwong Sa flung 1950.

Wing Go. (%) 1100.

Wm. Powell, Ltd. in. MUSCELLANEOUS:

China Entertainmenis (X. Elta.) Suja.' ILK, Constructions (Qld). Bn.

(New): 4th

Vibro #ing 15. Maraman Investments / Marnan (H.K.), JA.

K'hal Lean In

Yengtas 3.

COTTONS..

Eos, 4.40%.

RUBBER EL, COMPANIES:

·Alms. Kalates ein

Batu Anama. „ZON. Qute. Plantations in. Chemore United 30n. Cheng Rabbers 23. Consolidated Rubbers in. Doralalen Rubbere in. Padang ubbers 28. Repah Rubbers 280. Rubber Trusts, Xo. Samagaga Itubbers Semambu Rubbers

10n.

on.

Shanghai Kedah

in

Shanghai-Main 45

Shanghal, Buratrax, ‚din.

Banzel Paris 12.99%..

Tanah Meraha sün

Tebone Rubber 201.

London, May 12.

{Trade öxports'oxpress foams that Britain's spectoqu-

dar pácovdry drivo 'is sliding into o slump. ¡A sharp drop in British exports during April caused gloomy predictions from industrialists and financial writers that in the months to come the trend will be 'downward: Exports keysad poet war re- continues, It means a great covery, fell to £135,500,000, crease in unempluymont." £44,000,000 less than Import the widest monthly trade gap for a year,

Money Market

US dollars were stationary at HK$18 yesterday.

Sterling, continuing its rise; was up to HK$16.65.

Economist unanimously, blame the slump, on the high prices of Brillab goods on the world market.

The main job ahead, they said, is to reduce prices, without cut- the wages of British Harold Wilson, President

of

to

· the Board of Tende, left Отк Tuesday

for a selling trip Canada. Before be left ho said "OUT problem is not one of pro- duction, but one of selling

He described the April figures as a turning point and said it is the "beginning of some of the diff fculues which every exporter knows we have to face.".

New York Stock Exchange

New York, May 12.

A furry of demand for stoel shares stiffened the stock mar- kot yesterday, An attempted rally falled to hold, but gains of frac- in-tions to around a point were fair-

ly well distributed at the "close.

HERICH

2. C

The Global Fleet:

kla SHANGHAI & JAPAN

"General Gordon" (via Manlia & Japan)

TO HONOLULU AND SAN FRANCISCO

"President Ulexoland"

MAY 28

"Tresident Wilton"..

June 12

Jun 23

TO SAN FRANCISCO AND LOS ANGELĖS

via JAPAN

"President Taft".

May 29

"Prendant Madison"

Золо 4

TO NEW YORK, BALTIMORE & BOSTON vla PANAMA

"President Johnson" (Plesk to Facific Coast). "President Harrison" (Direct to Paolfio, Coast)

June 16 July 12

The Daily Worker's suggest-

Of 007 issues tradei, 418 ad- lon is that Britain starts trading with Russia and the Eastern vanced and 200 declined: 700,000 European countries on a larger shares were traded. Steel geins

and-hall included. Young-NIEBIES, SINGANDES, COLOMBO, KARACHI SUKS scale-Associated Press.

Bank Moves To Canton

Shanghal, May

The headquarters of the Ex- post and Import Bank will be definitely moved to Canton, the present seat of the Govern- ment

and, Laughlin at 28 3/8, Wheeling nt 60 3/4.

Non-ferrous metals found the going tough. Anaconda, Kennecot, and American Smelling tem- porarily touched new lows for the year. Anaconda elősod of 1/4 at 27 1/2.

Dow

ROUND-THE WORLD

PORT-BAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON: /

*President Jefferson". "Maxiba. Snapper" "President Polk"

TO DEL & SINGAPORE

17

"President Johnrop” ...... "President Barrison"

BL. George's -Bldg.

Jones Averages:. Stock 02.90: 20 Industrials 174.40: Rails 47.17; 19 Utilition 35,80, Adams Expro 19,

Alaska Juneau 3. Americon Can 80.

Mr H. C. Chen, acting chief of American Smelting 43. the Board, has foft. for South American Telephone 141. China to prepare for the transfer American Tobacco 674. b his staff to Canton where the American Waterworks 7%. Board will carry on its functions "Wide Repercussions”

Anaconda Copper 274. for the promotion of the nation's

Aviation Corp Stive 10%. Manufacturers

wide foreign trade.

The Shuanghai office of the Barnsdall 44%. variety of export industries jolaed Board will continue as usual Bendix Aviation 80. his anxiety.

Shanghal exports reached Bethlehem Steel 284.

in'.

Legnard P. Lord, Chairmen

Austin »,

:000.

of the Austin Motor Car Camcord low rocenity with the Botk

Borden Ca 41%. pany, which has been trying to weekly figure coming to US$750,- Boxing Aircraft 21%. Canadian Pacifle 12%. make the Driilaħ

Shanghai markets remain very I. Case popular car in the

Unilon quiet with gold bars to the United Chrysler States, said sales there. "hay* States daliar moving around the almply dried up.""

Be levels as those prevailing "if during the past week-Heuter.

"We are out" he added, our prices do not come down."

for wage Continued demands increases and the removal of a

Government steel subsidy prevent JAPAN'S TRADE

prise cutting, he said,

Another motor car maker, Sir! Charles Bartlett of Vauxhall, BRIKI that unless prioes come down something drastle may happen. which will have repercussions far wider than the motor dustry.

buyer Import restrictions - In nations, particularly Argentina, India; have South Africa and also caused unensiness.

in-

"Shadow Of The Slump”

4

"Manchester The

influential Guardian" commented editorial- ly: "Every one has always known that it would be prices, not pro- duotion, that set a limit to our exports,"

The Communist "Daily Worker," in a front page klitorial hended "Shadow of The Slump”, said: "There is every reason for alarm at the sharp fall t British exports in April for, if this trend

Notice To Consignees

8. "KUTSANG" From Calcutta, Straits & Saigon

arrived 10th May Damaged cargo ex this vessel will be surveyed In the pro- mises of tho Hong Kong & Kowloon Wharf & Godown Co Ltd. botween the hours of Dj a.m, and 10 am on Tuesday. May 17th. Consignees are dd- vised to have their Representa-

during Lives' present

the Survey,

Consignees are warned that claims for damage for shortagq' may not be accepted H the damage is not surveyed byj Messrs. Goddard & Douglas ju

ap

.*

WITH CHINA

Tokyo, Muy 11.

524-

Colgate 35%.

Commercial Solvents 15, Com Products 03. Du Pont 100.

Eastman Kodak 44%.

Electric Light & Power 25. General Electric 37%. General Motors 58.

Goodrich 812

Goodyear 424-

Homestake Mining 41. International Harvester 24%.

Kennanville 33%

Montgomery Ward 5378. National Distillers 47. Nation National Lendl 30.

The Econorale Stabilisation International Paper 484 Board chief, Takayoshi Aoki, International Tel & Tel 10%. fold the House of Councillors Johns

Copper 43 today that Japan's trade with China during the 1948-49 bus new year totalled £7,000,000.

The trade amount comprised New York Central 10%.

In Imports and £1,000,- Packard Motors 3%. £5,000,000

American Airways 04. venting 3.0 per cent and the

Pennsylvania RR 154. total im- 3.6 per cent of Japan's

Radio

11 Спер. porta and exports, repectively.

The statement was made in re- Real Silk 11%.

Remington Rand 84. by Republic Stool 21. pity to an interpellation Communist Councillor, Naka Reynolds Tobacco 35%. who wanted to know the actu Sears Hochuck 374.

relations between Japan trade

Shell Oil 35%. and China- United Press,

000 in exports, the former repre- a

Pan the latter

1

NY COTTON

'on

New York, May 12: Cotton was Irregular, closing 40, lower to ave higher. Ol crop dieliveries were steady covering against export xales, New crop deliveries sagged under scattered

Liquidation.

33.6 May: July 22,84. Oktober 2015.

Decembar 28.94 nominal, March 20.67.nominat... Middling spos 34.09 nominal. Associated Press.

Notice To Consigneos

CONSIGNEES 'PER, STATES STEAMSHIP COMPANY

S.S. "COLORADO"

Socony Vacuum 16.

Standard Brands 18%

Southern Pacifc 30%.

Standard Oil of Calif.-04.

Standard Oil of N.J. 93. Studebaker

Union Bag

1994. 24%.

Union Carbide 38. US Rubber 38. US Steel 71.. US Lines 15%. Westinghouse 224- Youngstown Sheet & Tubo 64%%. Gen. Pub, Utilities' 14%.

-Associated Press.

San Francisco, May 12, The steamer General Hugh J. Guffey arrived on Tuesday from Yokohama.-Associated Press.

Notico To Consigncos

CONSIGNEES FÉR

BARBER-WILHELMSEN LINE

M/V “TARIFA"

the presence of Consignees are hereby notified that their are hereby notified that their Representatives at this

cargo is being discharged into cargo is being discharged into pointed time.

the Hongkong & Kowloon the Hongkong & Kowloon Wharl JARDINE, MATHESON & Whart de lodown Co's godown- & Godown Co.'s godown where

CO., LTD.

where it will fle at Consignees it will be at Consignees risk the Wharf's risk and subject to the Whart's and subject to JEDIN General Managers. terms and conditions of storage, terms and conditions of storage, There were no transactions In Indo China Steam Navigation and where delivery may be and where delivery may be

obtained. Co., Ltd.

obtained. Piastros which

quoted Wire HK$11.17% 100.- - were mehangod. ■t

Australian Pounds were changed at HK$13,50.

alat

LISZÚ a 100...

MEX Guilders were stationary: at $35.10 a 100

LONDON STOCKS.

Notice To Consignees

·

+

15. “LOKSANG" From Calcutta. Straits & Salgon

arrived 11th May

To

May 17

Juno 5

June 14

May 18 Juno 5

Tel. 28172/5.

BEND LINE

SHIP

*BENBINNES"

"BENAVON"

**BENARTY"

"BENVENUE"

**DENLOMOND"

"BENYRACKIE”

"BENLAWERS"

8BIP

“RENAVON"

"BENVENUE" "BENLAWERS"

BENRINNES”. "BENARTY" - "BENVRACKIE"

"BENLOMOND"

ARRIVALS;

FROM

U-5. va Singapore

SAILINGS

London, Antwerp, Rotterdam. Ham- burg & Hull

Liverpool & Glasgow

Liverpool, Hayre,

Antwerp, Botter-

dam, Hamburg

DUE

Abt, 21st May. 26th May. NA End of May. 1st half June. 2nd half Juno. End June. TOUR Early July.

LOADING

29th May: 2nd half June. 1st half July.

1st half June.

2nd half June.

1st half July.

Genoa Lotidin, Ant- 2nd half July. werp, Rotterdani & Hamburg.

* Accepta cargo for Japan

calla at Port Sudan:

For Further Particulars, Apply To-

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

York Building.“

FLANZ

Agents

Telephone: 4185.

ISTHMIAN LINE

(Lethmian Steamship Co. of N.X.X

S.S.,, LONGVIEW VICTORY,

LOS

LOADING 21st MAY

402 US for FRAN ANGELES, and NEW YORK

For further particulare applyi

GILMAN & CO., LTD.

Agents.

TELĖKIMES -

CHINESE FREIGHT 'AGENTS:-

HIN FAT & CO., LTD. Tela: 33483 and 28823

THE HỌ HONG STEAMSHIP CO., (1932) LTD.

$.&. "HONG SIANG"

For SINGAPORE, PENANG & BANGOON

Loading.

1916 May

BAIUDE

20th May

ཋཱ་;

Subject to Alteration Without Notice

For Particulars Freight & Pascago Please Apply:

THE HỌ HỒNG CÓ. (CHINA) LID.

$84. Bonham Birand W

Tela, 20127 & 25046

KLAVENESS LINE

Damaged packages are to be. 'Damaged packagor are to be left in the godowns for lox-left in the godowns for, amination by Consignees, and examination by Consignees and Company's Burveyors, Messrs. Company's Surveyors, Messrs. Carmlehkély & Clarke at 10 Goddard & Douglas at 10 am.

on the 10th May. mm. on May 14, 1949,

To comply with General

comply with General! London, May 12, Prices eased a litis,, in the: Damaged cargo ex this vessel Bonded Warehouse Regulations Bonded Warehouse Regulations London stock exchange yesterday. will be surveyed in the pre- consignees must have a Re- consignees must have, a Bo- Valurse was small. South Afri-mises of the Hong Kong & venue Officer in attentiappe venue Omfear in attendance can mining issues ran counter to Kowloon Wharf & Godown Co. when damaged dutinole goods when damaged dutlable goods

are examined. the trend, closing higher on the

of Ltd. between the hours of 9 are examined. decision to allow the Union

No claim will be admitted No claim will be admitted South Africa to well semi-pre- .m. and 19 a.m. on Tuesday, fabricated gold at premium May 17th. Consignee after the goods have left the after the goods have left the

Direct jà Los Angeles, in 15 days Thence prices: Gill-kigod morities and lead to have their Representa Steamer's godown, and steamer's godown, and all goods

during the most industriale wete fractionally tives" "present

goods remaining undelivered remaining undelivered after the

San Franolico Vancouver, Seattle & Portland junk" turvay.

after May 18, 1940, will be 17th May, 1949, will be subject M.S. "SUNNYVILLEU

30th May Financial Times Index: 115.1.

to rent Consignees are warned that subject to rent. off 2-Associated Press::.

clates for damage for shortage

ARRIVALS FROM PACIFIC COASTAL claims

the lagainst 'the-steg- All not, accepted if the

22nd May CHICAGO GRAINS CON 2017 Dok surveyed by mer must be presented to the atomer must be presented to M.S. "FRANCISVILLE" Wheat closed to one higher. The presence of Consignees May 28, 1940 of they will not be recognised.

“Chicago, Bday 13.3 Adquers, Kjoddard- &÷Douglas in Undersigned on or before the Undersigned on or before M.SE CASTLEVILLE" May $2.234-82.14; July-11.94%-entatives at this not be recognised, * September 24, fiy December / Potulad moon v $1.054

Jower."

Com was “3⁄41⁄2"lower

er May $1.84-$5.

higher. Meza Boybeanna

No Fire Insurance will be "JARDUE, MATHESON & effected,

CO., LTD.

Ceveral Maigers,

+

All claitos against

the 24th May, 1949 or they will

No Fire Insurance will be offocted.

DODWELL & CO., LTD.

Agents.

* DODWELL' & CO., LTD.

Agents.

Hong Kong

Hong Kong, May

Indo. Chlia Bidadi Biavigation |♬ (Co. Ltd.--

SAILINGS

to Eingapore, Port Swettenham Penang, Belawan & Batavia M.S. "FRANCISVILLE,

Chic

Puspenzer 44opromodation

19A TOOK FING

21st Juno

23rd May Ball-Oll Tanku