1949-06-16 — Page 11

ROYAL

INTEROCEAN

LINES

JAVAPORTS and MACASSAR

SAILINGS ARRIVALS

"TJISADANE”

..22nd June

In port

"TASBIAN"

"TJITJALENGKA“

.........RIst July

"TJISADANE”

"TJ1BADAK"

MANILA

SAILINGS

22nd June

24th June 7th July

THE CHINA MAIL, THURSDAY, JUNE 19, 1949.

FINANCE

AND COMMERCE

Hong Kong Stock Exchange

A quiet morning. rotes un- changed,

ARRIVALS TIG GOVT. LOANSI

21st June

SINGAPORE, PENANG and BELAWAN DELI

"VAN RIEMSDIJK"

"YAN HEUTSZ"

SAILINGS ARRIVALS

29th Juno .15th July

20th Juno 6th July

EAST & SOUTH AFRICA & SOUTH AMERICA

ARRIVALS

SAILINGS

"TEGELBERG"

.28th June.

TJIKAMPEK" + "RUYS"

18th July

16th Aug.

10th July

7th Sept.

"TJIBODAS" *

Calling at Mombasa & 1. Marques Direct. Transhipment cargo accepted on through Us/L. to

"TEGELBERG"

Dar-Es-Salaam and Zanzibar.

no passenger accommodation.

JAPAN

SAILINGS

ARRIVALS

25th June

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MEERKERK”

"AMSTELDIJK"

"RIJNKERK"

"MARIEKERK"

- SAILINGS

ARRIVALS

Early July

End July

Early July

End Aug.

Early Aug.

End Sept.

Early Sept.

Transhipment cargo accepted on through Bs/L to Indla, Mediterranean and Northern European perts.

JAPAN

SAILINGS

“MEERKERK"

KING'S BUILDING;

ARRIVALS:

Early July

TELS: 28015 10 28017

CHINESE AGENTS: 82. CONNAUdht Ro. C. Tess: 31198-25133

DE LA RAMA LINES

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

1.v. "DONA ANICETA”

m.v. "BENGAL"

27th June 10th July

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

11. “DONA AURORA" (calls Japan)

m.y. "DONA NATI"

”

18th June

22nd July

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Teln, 23670-22675

CHINESE SHIPPING OFFICE Tela. 23738-20153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

M.S. "KOREA”

LOADING ABOUT 23rd June

for

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

Tanks avaBeble for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

Queen's Bldg., 2nd floor.

Tel. 34111 & 34112.

"WEEKLY CHINA MAIL"

ནོ་་ "

CONTAINING ALL THE LOCAL NEWS

1

OF THE WEEK FROM THE

“CHINA MAIL" & "SUNDAY HERALD”

Price 50 cents

ON SALE EVERY THURSDAY.

养

4 101,

3 1954 & UDED) 101.

(1948) 101

a

BANK8:

1. 14. tank 1010.

(0, Brg.) 2015.

Chartered Bank £100.

Mercati Bank A. & R. 44%. Hock of Enat Aala 1996.

INBURANCES,

Cantes Ita, Aska,

otom p. G70

Cilinderwriter &.10.

I.K. Fire Its4, 236. ARIPPING

Dosing 232n.

H.K, M. Beamboats 17. Pre Usina (Pref.) 8915.

10) 2006.

Shell Bearers A1/No.

Linn Waterboats 501&n. An Nuv. 176.

DOCKS, WHARVES, GODOWNS, E.

JK, K. Wharves 1254.

North Polos Wharven Geb, 79.

Hineghid Hengkew Wharves 18.

1. K. k 10.M0%.

Che Prostrate 14,10b.

shanghel Bockyardla 1015.

Why are 206, 2009,

BINING

Hah Mines (n.

II.X Mar 014.

LANHS, HOTELS AND BUILDINGS:

tele 11%, 11.10%, 1140. 1.K. Lamb a015b, 63, 51%. Khorughed Lands 34, 3.10RR,

amphraga 11%

.. Renitiva 2n. Chinese Estates 185. PUBLIC STILITIES)

.. Trumaya 16,798, In Trane (Oli 12.

(New) 10n. Sint Fereles 1128.

་་

C. Flat (146) 11.29), 13.40%, 13.47.

New D.30h. 9.00.

II.K. Betrica 336. 134. 33/31 16. Murne Electrica (X.D. 22.

Sandakan Lights On.

Telephotu« J

Shomahai Gus in.

INDESTRIA1,3:

fald, Mary, (OnL) #3.60n.

L'entorn June 10.

Carmanta 1., 2.60%.

1K Rees 10,2010

STORES, Etc.:

Dutty Enem 330, 31, 34. Watt 4.

1. Crayfords (Old) 251.

(New) 230.

Månentes in.

China Emporium Da.

Sun Co. Ltd. 250.

Kwork Song Hd 133.

Wing On (21,K.) K2am.

Won, Pawell, Bash, 91%, MISCELLANEOUS:

China Entertainments (X. Itt.) 18. H.K. Construction (h) ZX5, 3. (New) 2.

Vibro in 16.

Marsmen Investments 0/-. Marman (HK).

Shanchal Ioan 3.10. Yangtab, 11⁄2 COTTONH:

Bu

RUBBER, E., COMPANIES :

Al Estate 1494h. Ankle-day 1940.

Data Anuma .40%. Inte Plantatious Za Chemure United on. Cheng Rubbers 20.

Conrouted Rubbers in.

Dominion Robber in., Lavukats in.

Ib.

teh Rubbery 300. Rubber "Tranto 2.90h. 2.000. Samugark Rubles .206. Remambu Itubbers 30. Shanghai Kedah Shareptal-Malays 126. Shanghal Humatras .10n. Sunre Duriá 126.. Tanah Merah .604. Telur Rubbers Ale, Zhang Rehber 18.

Notice To Consignees CONSIGNEES PER AUSTRALIA-WEST PACIFIC LINE M/V "CITOS"

BRITAIN'S CASE IN ARGENTINA TREATY

London, Juno 14.

Some Actaile became known today of the British arguments against Washington's protest that the five-year Anglo-Argentine trado pact is for too long a term.

Responsible financial quarters have argued that a

five-year agreement is necessary because Ar- gentina will not until 1954 be receiving and paying for many of the major capital goods she will, have ordered in 1952.

If the life of the agreement is reduced to three yents, as Wash- ington appears t desire auch Ar- gentine orders could be placed in Britain only up to next year, and might then have to crase for lack of u

u payments agreement.

Balance of deliveries, and there- fore of payments, may run in Argentina's favour for as much as three years since it takes longer to produce capital goods than to produce m

meat or corn. Only in

would the fourth and fth years the

payments be squared over the five years is a whole.

Thus the agreement must run long enough to allow Brilain to I get that

Otherwise, these payments. she would be paying Argentina promptly but would not be gel- ting prid.

are hereby notified that their cargo is being discharged into

for one year,

It is also argued that neither side has made any firm commit- ment beyond the price of ment

In responsible ancial quarters

it is said that i there Is nothing in the pact to prevent Argentina censing all purchases from the Sterling Area, including Sterling oil, if the Unit ed States can offer lower prices and Argentina necessary dollars.

obtain can

Up To Britain

The Argentine has merely certain

agreed quantities goods if there is demand.

the

India Wants Machinery From Russia

New Delhi, Juna 19. An informed source eRid today that india hopes to rp.. calvo food And machinery a rosult of from Rumle ** the trade talka now under way here.

"The Auslans want jute. loa and shellac, while India sopke wheat, barley, maize, fertilisere, Industrjal raw ma

chinery.-Associated

Prosa.

Money Market

The Chinese Gold and Silvert Exchange. financial nerve centre- of Hong Kong, was closed yester- day for the annual election of offlers for the

coming year.

The election took place at the Kam Ling Restaurant, West Point, at 1.30 p.m. yesterday, at which the more than

250 members of the Exchange gathered.

was

A review of the past year's trading on the Exchange given by the outgoing President,

Ho

Sulu-hung. He said the

Government Mr.

to admit Exchange

had gone through a bul

of Britian troublous year of changes, a sufficient, despite all dimculties it had been

abib to'carry on

It will, therefore, be up to Bri lal exporters to provide the kinti of consumer and capital goods that Argentine consumers and manufacturers want, and at the right prices.

capital goods Argentina wants rather than consumer goods and will only admit the latter if there is an internal demand. She can now have the Sterling to pay for some of both.

kei.

In the ensuing election of off- core, Mr. Tung Chung-wel, of the To Hang Bank, was elected Pre- rident, and Mr. Pun Tok-man, of the Cheuk Kee Dansk, vicc- President.

Mr. Tung Chung-wei

East Chairman of the Chinese General Chamber of Commerce, had nl- ready served four ferma as Pre- sident of the Chinese Gold and Silver Exchange of Hong Kong

with tradition, In accordance the Exchange was host at a Chin- dinner at the Kum Ling in the evening, at Restaurant which more than 300 gucato were present.

This British exporters will ese have to study the Argentine mar

An Argentine purchasing mission may come to Britain: 10 buy capital goods, but British producers of consumer goods will! have to find or create n demand within Argentina.-Reuter.

CHICAGO GRAINS

Chicago, June 15. Wheat led other grains upward on the news that the Government [wants flour and of a better cash market at Kansas City. Wheat closed 1-1/8-1-5/8 higher.

July ........

$1.95 5/8-3/8. September.. $1.95 3/4-7/8. December.... $1.07-51.06 770, Corn 5/8-7/8 higher. Qats 1/2-3/4 (higher, Rye unchanged-f cent higher. Soybeas 1-1/4-2-3/4 higher..

-Associated Press,

Notice To Consignees

CONSIGNEES PER STATES STEAMSHIP CO, B.S. "MONTANA”

.

New York Stock Exchange

New York, June 15. A pick-up in demand checked Ralling stock market on Tues- day. Buying was far from ag- gressive but it was enough to in- terrupt the month-long decline that on Monday touched # 41⁄2 year low. Key stocks moved up for gains of fractions to than

Inore

1,120,000.

point.

tolallert Transters Some brokers suggested buying the was attracted by failure of market to break more decisively on Monday, Among gainers were Oil. Richfeld Gypsum, Twentieth Century Fox and Sin- clair Oil. Laggards included and Aircraft. Allled Chemical

US.

LONDON STOCKS

London, June 15. Dullness prevailed throughout the stock market after Mónday's sharp break in Wall Street. Leading industrial shares closed and fractional losses were recorded in gilt-edged securities on persistent light" selling. Oils, mining Issues, coppers and dla-- mond shares

were lower but Katrs held steady,

Financial Times' Index 103.4.- Associated Press,

NY COTTON

New York, June 15.

Union Pacific.

Dow Jones averages: Stocks 57.88; 20 Industrials 101.86; 15 Ralls 41.41; 10 Utiles 33.09.

Closing quotations:

Adama Expreend 17% Alaska Juneaut 3 American Can: 33 American Smeiling: 40 American Televhone: 136 American Takpera: Laz American Waterworks: TA Anaconda Copper: 264 Aviation Corporations & Sialvin Locomotive Barnadall: 40% Bendix Aviation Bethlehem Steel: 22% Iloel Airer: 170 Burden Company Cantillan Parlez 10%

1 Cum: 19

Chrysler: 44K

Colrate: 13

26

Commercial Solvent 23% Corn Prokurta: GA; Just 14

Faukman Kodak: 33; Electric Lyki anil Power: 20 General Electrics al General Matura: 62% Cedrich 13

Comfycart 345 Romestake Mining: 39% International Harvester: 231⁄2 International Paper: 4 International Tel, and Akt 13 Johns Manville: 39 Brunett Cooper: 42% Muntenery Ward: 48% National Datiliere: 1744 National Lod: 28 New York Central: Packard Motora: 14 Tab-American Airways: At1⁄2 Pennsylvania RR: 14% Radio Corporation: 10 Real B 10K

Remington Rand: B Repabile Steel; 17% Nayaulite Tobacco: 28% Bears Boruck: 4 Shell : 30% Rocony Vacuum: 14% Bouthern Pacifies 33% Blandard Brands: 18 Standard Oli of California: DS Standard Oll of NJ.: 6175 Btudebakeri 17%

Union 201 Union Carbider 30% Un Rubber1 33

US Steel: 24

US Line: 35

Wealinghouset 21%

Youngstown Bheet and Tube: 66% General tublle Ultios: 18

-Associated Press.

Colton futures were steady in SHIP MOVEMENTS

active trading and closed 25 cents) to 70 cents a bale higher,

July

October

December

March

May July

32:04-95,

29.20-27.

20.01.

28.77. bid,

20.02 nominal,

San Francisco, June 15. Ship arrivals on June 13. Phi- Yokohama. lippine Bear from

Sea Serpent from Okinawa, Bri-. vate John R. Towle from Manila. Seattle, Ship departures, General C. G. Morton and Her- Middling Spot..33.74 nominal.bert D. Croly, both for Yoke -Associated Press.

27.92 bid.

Notice To Consignees

M.V. "LISHOLT"

haria-Associated Press.

Notice To Consigncos

the Hong Kong & Kowloon are hereby notifled that their

88 “KYSKA" Wharf & Godown Co's godown cargo is being discharged Into where it will be at Consignees the Hongkong & Kowloon Wharf

Having arrived Hong Kong

Having arrived Hongkong risk and subject to the Wharf's & Godown Co.'s godown where terms and conditions of storage, it will be at Consignees risk consignees of cargo are hereby consignees of cargo are hereby notified that all goods have been notified that all goods have Whorf's and where delivery may be and subject to the obtained.

terms and conditions of storage, landed and placed at their risk been landed and placed at their and where delivery may be and expense into the godowns risk and expense into the go- Damaged packages are to be obtained.

of the Hong Kong & Kowloon downs of the Hong Kong & Wharf & Godown Wharf & Godown Co., Ltd., Kowloon left in

for the godowns examination by Consignees and Damaged packages are to be where delivery may be obtain- Co., Ltd., where delivery may as the Consigneca and Company's Sur- Jeft the godowns for ed as soon as the goods pre be obtained'

goods are landed. veyors, Messrs. Carmichael & examination by Consignees and landed. Clarke at 10 am. on the 17th Carmichael & Clarke at 10 am. Company's Surveyors, Messra.

No claims will be admitted, No claims will be admitted op the 17th June.

after the goods have left the after the goods have left the To comply with General

godowns or failure to attend gedowns or failure to attend, To comply with General theatrycy

*** the survey. Bonded Warehouse Regulations Bonded Warehouse Regulations Consignees must have a consignees must have a Be

All broken, chafed and venue Officer in attendance venue Officer in attendance damaged goods are to be left when damaged duttable goods when damaged dutiable Foods In the godown where they will are examined.

are examined.

June.

No claim will be admitted

to rent

In

1

1

All broken, chafed and dam- god goods are to be left in the dedown" "where they will be

AMERICAN.

ENT

PRES

LINES

The Global Flest

TO HONOLULU AND SAN FRANCISCO

yla SHANGHAI & JAPAN

“President. Claveland”

"Prorident Wiljon"

"General Gordon" (vla blaulis Japan)

June

dy

Aug.

TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

"President Pierce"

June 30

"President McKinlos"

July 17

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

June 27' July 12

"President Johnson" (Direct to Pacific Coast) *President Harrison" (Direct to Facific Coast)

ROUND-THE WORLD

VIA MANILA, BINGAPORE, COLOMBO, KARACHI, SUEZ 'PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES..!: GENOA, NEW YORK and BOSTON "President Polk" (In Port) "Mount Davis”

TO N.E.I. & SINGAPORE

"President Fljumore", "Presidpat Tyler"

Opposite Star Ferry,

June 18 July 20

July 4 July 30

Tel. 25172/M

BEND LINE

sur

"DENVENUE"

BENLOMOND" "BENVRACKIE"

"ORNLAWEBS" **BENDOIAN" *"BENREOCH"

"BENVORLIGH"

SHIP.

"BENVENUE" "BENLAWERS" "BENVORLICH" "BENREOCH"

"BENARTY" "BENVRACKIE” "BENDORAN" "BENLOMOND"

1599 893

ARRIVALS

FROM

„U.K. via Singapore do

DUK

In Port,

Abt. 22nd June.

End June.

Abt, 2nd July.

do (direct) Abt, mld- July.

End July.

SAILINGS

ΤΟ

London, Antwerp. Rotterdam, Ham- burk & Hull.

Liverpool, Glasgow, Havre, Antwerp, Rot- terdam & Hamburg. Genoa, London. Ant werp, Rotterdam & Leith

2nd half July.

LOADING

Abt. 18th Junt Abt. 5th July, End July. 2nd half August

Abt. 28th Juno. Early July. 2nd half August. Abt. 14th July.

via Malaya, Colombo, Aden, Port Sudan and other way ports.

* Accepts cargo for Japan.

Calls at Genoa,

Omits Hamburg, calls at Laith.

For Further Porniculars. Apply To-

1

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

York Building.

Agents

Telephone: 84185.

ISBRANDTSEN

tebrandtsen Company Inc.

18 Broadway.

New York 4, N.Y,

FAN MAST • STRAITS • INDIA • PERSIAN GULE » MEDITERRAÆRÁJ

UK. A CONTINENT • W, INDIES * B. AMERICA

STEAMSHIP DIVISION

FROM

S.S. "FLYING

Manila

ARROW"

Duo June 21.

SAILS FOR

Shanghai, Taku Bar, Fusan, Yokohama, Kobe. Jane 223

A. P. PATTISON & CO.

=

JAPAN.

GENERAL AGENTS: ODINA, FORMOSA, KOREA JARA

HONGKONG 12-14, QUEEN'S ROAD CENTRAL, 4th floor, TEL: 25546

Chinese Agents:-LAM KKE SHIPPING co. 20 Connaught Road, C. Tel. 24629.

KLAVENESS LINE

MLS.

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland

30th JaTE FRANCISVILLE" ARRIVALS FROM PACIFIC COASTE

22nd, Jun "CASTLEVILLE"

22nd, Jul BOUGAINVILLE"

be examined in the presence of amined in the presence of Mesurs. Goddard and Douglas; Messrs. Goddard and Douglas after the goods have left the after the goods have left the

No claim will be admitted on June 17, 1949, at 10 nim. on June 17, 1949, at 10 am. † steamer's godown, and all good steamer's godown, and all goods To comply with the General To comply with the Generat remaining undelivered after remaining undelivered after the Bonded Warehouse Reguin- Bonded Warehouse Regulations, the 18th June, 1840, will be 18th June, 1049 will be subject tons, consignees must have a consignees must have a Re subject to rent.

Revenue Omeer in attendance venue Olcer in attendance All claims against the steam-]

when examining damaged duti when examining damaged duti All claims against

the able, goods. All claims against able goods. All claims against MS. er must be presented to the steamier must be presented to the vessel must be presented to the vessel must be presented to MS. Undersigned on or before the the Undersigned on or before the, Undersigned within four the Undersigned within four- 25th June, 1949 or they will not the 25th June, 1840 or they will teen days of the ship's arrival, teen days of the ship's 'arrival, be recognised..

not be recognised. ↑jur they will not be recognised, or they will not be recognised { M.S. "CASTLEVILLE”

No Fire Insurance will be No fire Insurance will be

No dro Insurance Wi

will be effected..

pffected.

WALLEM & GO,

No Fire Insurance will be effected.

DODWELL & CO. LTD.

- path to Agenta. -Hong Konk, June 12, 1949.

DODWELL & CO., LTD.

Agents.

Hong Konk, June 12, 1949;

WALIAM & CD

Salling to Singapore, Port Swettentiäm Penang, Belawan & Batavia

WESEMNECT LOCUmmodation Chinowo Freight Agents.

· HOO:FOOK FING

24th Jun Walk Oil Tanks V Apply S024,

THE BANK LINT

37792, THE BANK, ANE