1949-05-18 — Page 16

Pago 12

ROYAL

INTEROCEAN =

*TJIBADAK"

FINANCE

LINES H.K. Stock

Exchange

JAVAPORTS and MACASSAR

"PIITJALENGKA"

"TJISADANE"

SAILINGS

25th May

'gen 'June

23rd June

ARRIVALS

26th May

9th June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK"

BAILINGS

28th May

10th June

ARRIVALS

20th May

4 1st June

"VAN BEUTSZ"

EAST & SOUTH AFRICA & SOUTH AMERICA

ARRIVALS

SAILINGS

"STRAAT SOENDA"

26th May

"TEGELBERG“

22nd June

"TSIKAMPER"

18th July

18th May

"RUYS"

10th Aug.

7th Jung

10th July

Calling at Mambasa & L. Marques Direct. Transhipment cargo accepted on through Bs/L to

TASMAN"

Dar-Es-Salaam and Zanzibar.

TUTJALENGKA" TJISADANE”

"STRAAT SOENDA"

MANILA

SAILINGS

ARRIVALS

31 nt May

21st May

SHANGHAI

SAILINGS 7th May 10th June

JAPAN

SAILINGS

ARRIVALS

ARRIVALS

19th May

Agents: HOLLAND-EAST ASIA LINE

EUROPE viɑ MANILA and MALAYA

"MOLENKERK"

"MEERKERK"

“AMSTELDIJK"

"HEEMSKERK"

"MOLENKERK"

SAILINGS

ARRIVALS

End May

End June

Early June

End July

Ead Aug.

Early July Early Aug.

SHANGHAI and JAPAN

- SAILINGS ·

་

ARRIVALS

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

KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. CONNAUGHT Ro., C. Tess: 31196-21533

་་་་

DE LA RAMa Lines

་་

ARRIVING FROM U.S. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO

m.v. "DONA NATI" M.V. "BATAAN":

1911 May 28th May

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

#3. "DONA AUKORA" (calls Slangbai & Japan) 8th June

..... { 한

m.y. "DONA NÁTI"

good turnover.

Despite

A moderately with pricca hardening. the London quotation for Hong Kong Banka boing £2 down this has not affected them locally, and at $1550/1540 parcels in fair quantities have been negotiated.

1.K.” Govt, LOANSI -

4 18in.

345 Loan 11001 & 1940) 10018. a) 1 (1948) 1016, 102)«,. 102am.

HANKS,

FK, S. Bank 15406, 1560m, 1650/4015,

(in. Reg. CADI, 68jn. Chartered Bank 230in.

· Mescanille Bank A. & 11. £24jn, Bank of Eunt Aula 120n.

INHUILANCES:

Centot 1x 350.

Vnken Ins. (X.D.) 0654.

China Underwriters 5.80. 1.K. Fire In, 210h.

SHIPPING:

Demplanen 237m.

1.K. M. Steamboula 17å».

Indo China (Pref]) (X.D.) 901

(Vet.) (X.D.) 239.

Shella (enter) 65/-5.

Ua Waterboats 30. Asia Nav, .clb.

BOCKS, WHARVKA, GODOWNS, Ele

H.. & K. Wharren 1168.

North Point Wheres ib. Shanchal Hongkow Wharven (X.D.) 24. B.K. Dicke X.D.) 174, 1986, 17}/{am. China Providente 11(b, 219. Banghal Dockyards Bb, Ts, Bjım. Wheelocks 2011., 251/20an.

MINING

Raub Mitre 4jn.

1.K. Mines „31ận.

LANDS, HOTELS AND BUILDING9.

13,5, cold 10.30b, 10,powa.

11.K. Land ADİR. ARRA,

Hhanghal Lauda 26.

Humphreys 19j0.

2.K. Iemitira Zn.

Chines Estates 1050.

PUBLIC UTILITIES:

H.K. Tenmwnyn 14.8/h, 35a, 14.80/70/800k. Peak Trams (Old) 18.

(New) 10n.

Star Ferrie 38th, 100

C. Light (014) 12b, 9214, 11.00/12.

(New) Ab, 8.80, 7.80/8.50

H.. Electric zvib, 2014, 20/391/1⁄2¢am. Macon Electrics 251, 25. Sandakan L'ahle De. Telephones (A₤1, 20, 19. Pharzhi fan đô

INDUSTRIALS 1

Cal Mnes. (Ord.) 28. Canton Tren Ethan

Cementa 26ja.

ILK. Rupes in.

STORES. Etc.

Dairy Farms 3945, 21], 30/09jam. Walkins 40, 40fm, 40/40jan.

1. Crawfurda (Old) 25n.

(New) 23.

China Emporium - Das.

Sam Co., LM, 2in.

Kwrite Rang Hong 136.

Wing On (I.K.) 100m.

Wm. Powell. Ltd. in.

MISCELLANEODA:

Chine Esterialamenta (X. Rta.) 39.

1K.A.

1.K. Constructions (Old) in.

(New) Jin. Vibro Pilings 16.

Maremat. Investmenta 2/-n.

Meerman (L.K.) 2. Shankhal Loan 2,

Yangistes )n.

COTTONE:

Ewon 1.40b. 1.30/kum.

22nd June

RUDDER Eleŋ COMPANIES:

Alma Estates 4in.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tels. 23676-22675

CHINESE SHIPPING OFFICE Tels, 23738-20153

THE EAST ASIATIC CO., LTD:

OF COPENHAGEN

M.S. "NORDFARER"

LOADING about 23RD MAY

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG,

OSLO, : GOTHENBURG 'AND COPENHAGEN- and GENOA if sufficient inducement

M.S. "KOREA”

LOADING MID JUNE

for

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

Tonks available for the carriage of oll in bulk.

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

Tel. 341 34112

Ratu Anama 200. Buls Plantation in. Chemere ChiLee) 50n. Cheng Rubbers 23n. Consolidated Rubbern In. Dominion Dubbers In. Pan Rubbers 25. Repah Rubber 25. Rubber Tronta, 2n. Samaraga flubbere .701. Bomambu Rubbers 30n.

banghal Kedah in Shanghal-Melayu 4. Shanghal Sematena 10n, Bungel Duria 22.00. Tanah Memba 50. Tebong Rulibers „20n.

Money Market The money market again went

wild yesterday with all prices pointing upwards, but rates re- ceded later in the afternoon.

U.S.

MAIL, WEDNESDAY, MAY

AND

∙1049.

COMMERCE

Britain Hoping For

Private Enterprise

U.S. After 1952 From U.S.

London, May 17.

Socialist British reckons that American private entar- prise will help it prosper after the Marshall Plan unds in 1952. ··

Sir Stafford Cripps, Britain's Chancellor of the Ex- quer believes full recovery will be possible. But his estimates are hedged by several ifs which he admits are impossible to sort out yet.

His biggest problem is to gar- ner enough dollars to pay for the absolute

Alke food necessities, and raw materials, which come from dollar areas. Bitalar ia gaining' on its big dollar shortage, hut Sir Stafford figures it will

be short by. $271,000,000 in 1932-53 the first full year after the end of American help.

To plug the gap, he counts on four things. They, all Involve the United States.

1. Не believes American businessmen will invest rather ond in the heavily in Britain potential riches of some of its colonies. This also Les In with President Truman's 'idea of en- couraging American businessmen 'o help

develop backward

areas of the world,

2. He devoutly hopes for con- Britain tinued US. prosperity. needs prosperous Americans. 10

buy some of is exports, like

I

Scotch whisky, tweed clothes, and fine dishes. An American de pression is strongly feared.

the 'props would knock

out of Britain's hopes for a strong dinle Jar market.

3 He means to keep Britain's nose to the austerity grindstone; despite

improvements, "recent

case and comfort are not just around the corner, Imports in

the year after the Marshall plan ends will be about 16 per cent below the 1038 level.

Hopeful Plug

Pl Concerned Over Japans Reparation

war

My 10.

Desply concerned over the 'States reparat New United tions palicy, the National Economic Council today die- aused the various phases of damage payments from Japan in connection with the Republic long-range econo mic development program. The Councli tackled the The problem since the vilifuation of expected reparations equipment and machinery from Japan comprises a vital portion of the country's over." Industrialisation all

pro. gramma, kunnat tre

Philippine Government offi clals

to have arp 20 expressed

tnąt special consideration, inay be given to Philippine claims in view of the Republic's role in the war effort and the char acter of this country's réla- Elona with 'the United States.

Reuter.

N.Y. Stock Exchange

New York, May 17. Continued buying enthusiasm

the pushed

atuck markot higher moderately

yesterday. Prices were up by fractions ito more than a point. The biggest buying effort was put behind two

Power uilities-Electric

and Light and Commonwealth and Southern..

Other gainers included Great Western Sugar, Fireatoris, Western Union...Allied Chemical, linols Central, Gulf Oil, "2001 Century Fox.

Among stumblers were Phelps Santa Fe, Mission Co. Dodge, poration, Columbla Gas,

Transfers totalled. 1,030,000,

shares,

Dow 03:57

Jones Averages: Stocks 20 Industrials 170.76; 15 Ralle 48.10; 10 Utilities 30.1-1.

Closing quotations:

-19 Adams-Express 10 RU Alaska Juniešu 3%

American Can 02

American

Smelling 45% American Telephone 141 American Tobacco 68 American Waterworks 74 Anaconda Copper

2936

Aviation Locomotive 10%

Baldwin

Bendix Aviation 31% Bethlehem Steel 20% Boeing Aircraft 31. Borden Co. 41* Canadian Pacifle 12% J.I. Case 34% Chrysler $3

Colgate 34

Commercial Solvents 15

Corn Products 631⁄4

Du Pont 191

Eastman Kodak 44 Electric Light & Power 20

Electric 3759 General

General Motors 57%

Goodrich 014

Goodyear 41% Homestoke Mining 41 International Harvester 24% International Paper 40% -- International Tel & Tel: 10% of that change already has Johns Manville 33 taken place,

Kennecott Copper 43%

Eefore the war Britain bought | Montgomery Ward 5436- The fourth hopeful-plug for

Distillers 17% the gap Is the production of much of her. Imports with carn

in foreign National Land 30% raw materiali,ings on investments gold and vital such as rubber and tin, in the countries, Including the United New York Central 111⁄2

Packard Motors 34 colonies, These are good dollar States. That was the heritage of Packard

a nation that once had been the earners. Britain' also aims to turn colonies into sources for most powerful in the world. more food, and raise more of Its own food here to cut down imports.

Accomplishment of all

these

Pan American Altways 10 Pennsylvaoin RR 15 Radio Co

Corp. 12

Remington Rand 8% Run Down Plants

Republic Steel 2114 Two world wars, the

the long coal-Reynolds

olds Tobacco 35 Rers Roebuck

buck 37% strike in 1928, and the depression Sears wrecked that Heritage. And for Shell Oil 35

cony Vacuum many

some leading in- years,

Socony

Standard

10

plans, Sir Stafford says, depends DA four other things: prosperity all over the world, enough. ERP money to permit full develop-dustrialists had been sacrlitelig Southern Pacife 41% to modernize their Standard Brands 18% ment of the recovery programme, chances

factories in order to maintain Standard Oil of N.J. 674

of Call. 64% substantial progress in European co-operation, and a reasonable high profits.

falc Even in 1938-before the to Union Bag

Studebaker 20 amount of trade between Eastern of many foreign investments, to

Bag 24% and Western Europe.

the war-Britain planning for British pros-financo perlly in based on the assumption about £70,000,000 on foreign US Rubber 38%

The truale.

US Steel 71% of com- atraln these wishes will come pofition

US Lines 15% -in World Even

if they do, Sir Stafford could not be supported by run-Westinghouse. 23

industries with high cost Youngstown Sheet & Tube 85

Gen. Fab. Utilities 14% says, "The balance now envisaged production. is precarious......

-Associated Press,

that

ali

truc.

The outcome of many of them cannot be predicted certainty.

with ᏤᎩ

a

down

maintenance

Lost Union Carbide 38%

markets

the war,

NY RUBBER

Wear and tear, without proper

chering speeded the downhill progress. Already, however, American on its feet. A backlog of moder 1. Now the nation must get back investment is increasing, with the nisation work in mujor in- encouragement of ERP. The dustries like steel, coal, railroads,

New York, May 17. Includes covery programme

and textiles must be accomplish-

Crude rubber standard futures fund to guarantee American in-

closed quiet with no sales, vestors that they can

converted quickly.

Crude rubber.. No. 1 futures food, earnings into dollars in 14 It means going without their

to 13 lower would closed unchanged cars, alethes that many With that backing, five Ameri

like to have in order to pay for with sales of 43. contracts.

18.00. bid May tremendous investment pro- lean firms already are setting up a

July

18.00 plants here. Five companies are gramine that amounts to nearly

September

17.02 - 18.05 22,000,000 Đ year about investing a total of $2,625,000.

Spot No. 1 ribbed smoked If all of Sir Stafford's plans one th of the national income sheets 18 % nominal-Aszainfed

The Foreign Bedrotary, Mr. and forecasts come noar ful Bevin, put the position in a nut. Aliment, Britain's, economy will

...

be considerably changed. Part shell recently, saying Britain is now a necessity country instead

one

SLAPPED HANNEN SWAFFER'S FACE

the

Now York, May 17. Lilian Foster, aged 63, actress dollars reached HK$7.20 at the peak, which is an all-time who once slapped the face of a post-war record. The tale cased London critic, died in New York off to 50.87 at the close. The yesterday,

In 1929, Mins Foster played opening quotation was $0.78.

Highest and lowest TT rates leading role of the waitress who were HK$0.95 and $0.75. Closing married "to give her feet a rest" rate was $0.78.

in, a London production of "Con- Sterling, too, took a pourt to science. All the critics raved HK$18.00, and Australian pounds about her except Hannen Swaffer. mado 17

0-cent climb to Tho, sext day she sulpped his face HK$13.00.

In a resturant Associated Press. Plastres opened at HK$12.99 a 100 and closed at $13.10.2

LONDON STOCKS Ticals climbed to HK$25.75' a 100 after opening at #2000. G** NEI Guilders spurted to HK430 100, The opening rate was

བ

$30.00. O

Pacific Far East Live,

DIRECT

Fast Regular - Trans-Pacific

SAN FRANCIudo; LOS ANGELES

"SBA" NKRPANTA

"JULIA LUCKENBACH”

"LIGHTNING" ↑

"TLYING DRAGON” ♦ “GREAT NEPUBLIC" -

$11.

For full particulars' dell: Chaos

SOFERÐAND NEW YORK-CN:CAGO-DETROSE-TORONTO, MONTREAL AND ALL AMERICAN 2 DAWADIAN OPTIES,

Arrive

HD

Ban Francisco

May 16

Ban Francios dí. Kee' Àparsētu.

Bak Francisco

May 17

MAY 20

San Francisco à Leś

Ban Fransists

· Ban-Francioru

Jatr #

TED STATES 'LINĖS

...

London, May 11. by Vickers of a

Following the announcement 100 per cent bonus issue to ordinary stock- holders, issues of this company advanced sharply to 85/8d on the

of

broad can buy luxuries

The road to recovery is hard. Britons have largely submitted to the disciplines requires. They grumble a little but they're bearing upAsociated Press.

Notice

Fress.

Notice To Consignees

M.V. "IVARAN"

!

Having arrived. Hongkong consignees of cargo are hereby notified that all goods have been landed and placed at their risk and expense-into the go- downs of the Hong Kong: & Kowloon Wharf (& Godown Co., Ltd., witero delivery may be obtained as soon as the goods are landed.*** **

To Consignees M.V. "AENEAS" Damaged cargo ex this vessel will be surveyed at Holt's Wharf between 10 am and No claims will be admitted noon on May 20 and 21, 1949, after the goods have left the and consignees are-requested godowns or fallure to attend to have their representatives the survey.yal present during the survey.

Stock - Exchange. Front-taking Hong Kong. May 18, 1949, lafer reduced the gains. Kaffir ware nëulbuted titið finished lower. Copper

improved, on bear shares covering Gill-odgod:: Docurilles quiet and steady, "Oils dull

Financial Times' Index 115,1.—- Associated Press :DES

'Notice To Consignees

M. V. “DOLIUŞ” ·

AMERICA

LINES

Tia Global Flest

TO HONOLULU AND SAN FRANCISCO

yla SHANGHAI & JAPAN

"President Cleveland** *******

*President Syllion.

"General Gordon" (via Marija & Japan)

May

Jupp, Jubo, 25

TO SAN FRANCISCO AND LOS ANGELESTM

Vía JAHANUMA

"President Talt"

"President Madison"

May 28

June 4

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

"President Johnson" (Direct 'to Favffic Coast) "President Harrison" · (Ditéet' to Pacific Coast)

June 10

July 12

BOUND-THE WORLD

VIA MANILA, BINGAPORE, COLOMBO, KANACHI, SUEZ.

FORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

* GENOA, NEW YORK' and BOSTON **E President Jefferson" "Marine Spapper" (Singapore Direct)........... "President Polk

TO D.EL. & SINGAPORE

"President Harrison" "President Fillmore"

St. George's Bldg.

AMERICAN

May 191

Juno 1

June 15

Juno

July

Tel. 28172/K.

PIONEER LINE

་་,་.

to and from Atlantic Coast Ports of

the United States and Far Eastern Ports

NEW FAST CARGO SHIPS

L

ARRIVALS FROM ATLANTIC

"PIONEER PALE" ........... "PIONEER LAND" "PIONEER WAVE"

In port

May 22

May 31

SAILINGS TO MANILA

"PIONEER DALE" "PIONEER LAND! "PIONEER WAVE"

May 24

May. 23

June 3

1

vla SHANGHAI, JAPAN & PANAMA CANAL

"PIONEER DALE" .... Arrives June 4 "PIONEER LAND”.....

June 12

"

"TIONEER WAVE" ......

July 4

Juno 6 June 14 July 4

SAILINGS TO ATLANTIC

For rates, special information coll

UNITED STATES LINES

Queen's Bldg,

COMPANY

Tel: 31251

The abere fisk' Indientes' fåð. Bržičipki-poris et loading and discharge

La prevently Intended, but not their relation. For further informa

on see schedule at the Company's Office.

BEND LINE

SHIP

"BENRINNER"

"BENAVON" "BENARTY"

"DENVENUE"

"BENLOMOND"

"BENVRAOKIE”

“BEŊLAYERS"

ARRIVALS

FROM

.D.R. yin Singapore -

do

do

SAILINGS

"TO

......Londen, Antwerp, Rotterdam, Ham- burg & Hall.. ......Liverpool & Glasgow

SHIP "BENAVONS "BENVENUE" “BENLAWERS” "BENRINNES” "BENART "BENVRACKIE"

SWBENLOMOND".

·Liverpool, Hayre,---- Antwerp, Hotter- dam, Hamburg

}

DUK

Abt: 21st May.. 26th May,

Early June.

1st half June. 2nd halt Juno. End, June. Early

LOADING

20th May. 2nd half June. Ist half July. 1st half Juhe. 2nd-half-June. 1st half July.

.....Genos, London, Ant-2nd ball-July, -

werp, totterdam: & : Hamburg.

* Accepta cargo for Japan aj f calls at Port Sudani (2

by a MAFON Fürther Particulars, Applu To-

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

York. Enildirig.

Agents

Telephone: 14185.

KLAVENESS LINE

SAILINGS 120

Direct to Los Angeles, in 16 days Thence San-Francisco, Vancouver, Seattle & Portland M.S. SUNNIVILLE”

Kram 30th May,

All broken, chafed and dam-

· BUTTERFIELD) & SWIRE, aged goods are to be left in the *<rAgents?, ja kui godown swhere they will; be examined in the presonod of Messrs. Goddard and Douglas on May 10, 1949, at 10 am.

To comply with the General Banded Warehouse Regulatibris, consignees must have Re vehubOfficer In attendanco Damaged cargo ex this vessel when examining damaged duti- able goods. All dialms against will be surveyed by Messrs. the vessel must be presented to New York, May 17.

Goddard & Douglas at Holl's the Undarslitted within four- in a Wharf from 10a.m. on May teen days of the ship's arrival. **Balling to Singapore, Port Swettenham Cotton futures, moved. narrow-range in slow trading-20 and 211519492and consignees

Fenabg-Belawan & Batavia Closed 20 cents lower to do cents agrequested to have any of they will hit be recognised...

Bala higher 31.03

raren (lveg present during tha

Noite Insurance will be MS. “FRÄNCISVILET”

23rd May July

October

NY COTTON

Mere

July

04.

29.10 13

1.80 nominal

4. 21.00

audikig appe 1 15.82

HFIELD A-SWIN

WALL

Co

$1177-9.

ARRIVALS FROM PACIFIC COAST-

22nd May MS. PRANCIŠVILLE M:8. "CASTILVILLE”

21st June

QUINE