1949-07-02 — Page 12

Bro 11 TE

ROYALT

INTEROCEAN

LINES

JAYAPORTS and MAÇASSAR

SAILINGS ARRIVALS

10th July 4.379.

21st July

7th August

**THISADANE"

"VJITJALENGKA”

"TJIBADAK"

`MANILA

"TASMAN"

"TJISADANE"

"IJITJALENGKA"

TJITJALENGKA"

SAILINGS

7th July

21st July

ARRIVALS

4th July

9th July

12th. July 21st July

20th July

SINGAPORE, PENANG and BELAWAN DELI

"VAN HEUTS2"

"VAN RIEMSDIJK“

"VAN HEUTSZ"

SAILINGS

15th July

ARRIVALS

6th July

23rd July

16th August

1st August

EAST & SOUTH AFRICA & SOUTH AMERICA

SAILINGS

ARRIVALS

**TJIKAMPEK" * "RUYK"

18th July

"TJIBODAS" *

10th Aug. 7th Sept

12th July

5th Oct.

18th Aug.

"STRAAT MALAKKA”

Calling at Mombasa & L. Marquen Direct. Transhipment cargo accepied on through Ba/L to Dar-Es-Bainsm and Zanzibar.

* no passenger accommodation.

**TJIKAMPEK"

JAPAN

THE CHINA MAIL, SATURDAY, JULY 2, 1949.

FINANCE AND COMMERCE

SOARS:

SHANGHAI RICE PRICE UNBALANCE IN CITY ECONOMY

New York Stock Exchange

1

Shanghai, July 1, '

The price of rice in Shanghai topped $3,000 (Com- munist dollars) for a 165 paund bag, an in- crease of almost 300 per cent in the 'last two wocks.

Meanwhile, the official exchange rate of the Com- munist dollar is unchanged and is still at 1,650 to U.S.$1.

it

The same conditions appear to be prevailing as those which fol- lawed the effort by Chlang Ching- New York, July 1, Kuo last August to maintain the A painfully slow advance new Gold Yuan at four to US$1. earched

muin through in the

When the price of the slock

Increases nauket for The second straight stuple food in China day. Gains rangest froin Tractions three times while the officlub ex- change rates retain unchanged, Buying in- to around point.

unbalance meags

jo the ferent never got beyond the luke

economy. wungy Time_ Traders cohlhated |

ere is ufficlul pres 11 means IIPTE cathage. Transfers 581,900, sure to fix prices at the level of official exchange rate while there Among gainera were Arnok!

terrifie Ja always unoffiein! bui Constable, Bell Aircraft, Colabour pressure to pay wager af | monwealth, Ediyon, Singlali Oit, the rice level. Richfeld Oil, United Airlies, Twentieth Century Fox. Stum blers included American Woollen, Santa Fe.

Dow Junes averages:-Stork 59.55; 20 bulustrials 107.42; Rail 42.57; 14 Utilities 34.41.

15

ARRIVALS:

Cloring quotations:--

18th July

7th August 15th July

Adams Express 18

SAILINGS

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA and MALAYA

"MEERKERK"

"AMSTELDIJK'

"KIJNKERK"

"MARIEKERK"

SAILINGS ARRIVALS

6th July

Rnd July

2nd July

.Epd Aug.

Early Aug.

End Sept.

Early Sept.

Transhipment cargo accepted on through B/L to Indla, Mediterranean and Northern European ports.

"MEERKERK"

"AMSTELDIJK"

JAPAN

SAILINGS

ARRIVALS

5th July

End July

...3rd July

KING'S BUILDING: TELS: 28015 to 28017 CHINESE AGENTS: 82. ConnWONT Ru. C. Tria: 31196-25133

DE LA RAMA LINES

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

m.v. "DONA ANICETA" 2.v. "BENGALTM

In Port 10th July

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

m.r. “DONA NATI” (calis Japan)

16th July

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tela, 23676--22375

CHINESE BHIPPING OFFICE

Tell, 23738-20153

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

S.S. "BLANKYANN”

LOADING. ABOUT 16th JULY

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OŠLO, GOTŘENBURG AND COPENHAGEN,

M.S. "BINTANG"

LOADING ABOUT 18th JULY FOR

KOBE & YOKOHAMA

THE EAST ASIATIC CO., LTD.

Queen's Bldg,, Ind floor,

Alaska Juneau 3

Amerlenn Can 10 American Smelting 43% American Telephone 139% American Tobacco 69 Amorlean Waterworks 7% Anaconda Copper 201 Aviation Corp. Baldwin Locomotive 9

Barnsdall $4

Bendix Aviation 28% Bethlehem Steel 24% Doring Aircraft 19 Borden Co. 40

Cheadhun Pacific 10% Chrysler 47

Cotrate

Corate 351⁄2

Commercial Solvents 13%

Corn Pro

Products 50 Du Pont 464 Eastman Kodak 40% Electric Light & Power 20 General Electric 34 General Motors 56%

Goodrich 55%.

Goodyear 37

Homeslake Mining 40% потеке International Harvester 24% International Paper 45% International Tel. & Tel. 8% Johns Manville 34% Kennecott Copper 44% Montgomery Wani 483

National Distillers 18% National Lead 30% New York Central 0% Packard Motors 31⁄2

Pan American Airways B Pennsylvania RR 14% Radio Matic Corp. 10%

tepublic and 84

Steel 17% Reynolds Tobacco 364

Sears Roebuck 3734 Shell Oil 324

Socony Vacuum 149

Southern Pacine 35

Standard Brands 18%

Standard Ol of Calif. 59%

Standard Studebaker 17

of NJ, 62%

Union Bag 281⁄4

Linion Carbide 36%

US Rubber 351⁄2

US Steel 21% US Lines 15% Westinghouse

22/4

Youngstown Sheet & Tube 67% Gen. Pub. Uunities 12%

-Associated Press,

Wih labour trouble widespread already throughout Shunghial. be- largely through shutdowns enuse of the lack of shipping, the swift climb in the cost of rice is certain to aggravate things.

The question in the minds of Dupliness circtes la what, if any- thing, the Commualats can about it.

Old Problem

do

This is an old problem to the Nailonists.

They never really solved it but managed to avert economie explosions largely by using for- eign uld (ECA) commodities to drive down prices or by condemn ning the black market and letting the black market

control both

The price and wage levels.

The Communists have driven the black money market from

the

streets, but if the price of rice contimes to climb and the official exchange rate falls to fol- low, it will be extremoly - cult to prevent the return of the black market-Associated Press.

REPORT TO LONDON ON THE CRISIS

London, June 30. Sir Oliver Pranks, British Ambassador 10 the United to the Foreign States, went Office soon after his arrival in London by air today for discussions with the Foreign Secretary, Mr.

Ernest Bevin,

and Ble William Strang, Per- manent Under-Secretary for Foreign Affairs.

Bir Oliver reported on the Washington end of discussione on the dollar drain on Bri tain's economy.

Later

Bir Oliver today went on leave but a Foreign affice spokesman saldi that The W

will call at the Foreign Office from time to time when needed for talks with Mr. Bevin.

Mr. John W. Snyder, Unit- ed States Secretary of the Treasury who is to tour Eu- rope, will probably leave for Paris by air on Saturday.

The period of Me. Snyder's visit to London will depand on the time avaliable.-Reu- ter.

A

AIR MISSION FROM THE PI

five-man

MEAT FOR BRITAIN PILES UP

Buenos Aires, July 1. Argentine meat packers sald that heavy shipments of cattle have been reçelvéd recently Tram stockinen and that slaugh ter houses are bulging' with beef as a result of the signing of the Anglo-Argentine treaty.

traile

British sources expect Argen- u to stup 30,000 tons during July and that all indications are br, the for complete funtment Dealy's - minimum shipment of 306,000 tons in the first year be. ginning July 1

They are hopeful that Argen- u wil exceed at figure.

Beth Embassy sources said the quota of shipments is unlike ly to be affected by the contract announced on June 29 for the sale af. 0,100 tons of meat to the U.S. Army for froops in Western Ger- miany.

The sources point out that un- der the treaty Argentino is per- mitted to reserve about 15 per vent of the exportablë' surplus to sell to countries other Britain,-Associated Press.

than

INDIA-PAKISTAN TRADE TREATY

Karachi, June 30. Under the trade agreement between India and Pakistan signed here on June 24. Pakls- tan is fo supply India with Your million bales of raw jute and Manila, June 30.

air 460.000 bales of cotton. Pakis- Phillipine mission will leave on Saturday tan will also maintain her ex- by plane to negotiate air tran-port quotas of hides and skirts sport treatles with six countries and send India her full

require- CHICAGO GRAINS in Asia, the Middle East and ments of rock salt.

India

will send Pakiston 2.- Chicago, July 1.

Europe, it was announced off-

040,000 tons of coal arid 8,000 arsally by the Foreign Office this tons of iron and steel besides an- Relling wiped out harply trimmed early gains in evening.

outstanding balance of about 40,- grain Atlures. Ryc tumbled The mission will endeavour to 000 tons of iron and steel from sharply Wheat closed -1- conclude bilateral air pacts with the current agreement, lower.

Pakistan, Siam, India, Egypt, Greece and Israel, the announce- ment said.

It will be headed by Mr. L. V. Madamba, Counsellor of the Fur- cign Office-Reuter.

Late

July

September

December

$1.95 14-4. $1.97 -34. $1.80 4-34.

.... Com lower to % higher.

July

$1.34 42-%. Oats Th lower to higher,

.50 54-7%.

July

Rye 2-1/8-4-1⁄2 lower.

July ......... $1.35 34-$1.36. Soybeans unchanged to

SZ.34 44-14.

July

-Asspciated Press.

higher.

SHIP MOVEMENTS

NY COTTON

The new agreement remains in force for a year from July 1 this year. Reuter,

TRADE TALKS

Buenos Aires, “July 1. New York, July 1. Negotiations started for new Collen futures fluctuated "wide-} commercial -necord

with Italy under alternate profit-taking when die Italian Ambassdor, Gu- and new · buying. Closed 24stino Arpesani,-- accompanied by cents to 90 cents a bale higher.

July

October

December March

May

July

San Francisco, July 1. Ship arrivals Swarthmore Vic- tory from Kwajalien, President Madison from Yokohama, De- partures on June 20, Belleville Middling Spot

for Manila, Christopher S. Flana--Associated Press.

an for Yokohina.

Scattle, Arrival,

George C. Perkins from Yokohams. De- parture James O'Hara for Yoko- hama.

32.85-89.

29.49.

20.37-38.

20.31. 20.20.

29.56.

the Italian Food Commissioner, Vittorio Ronchi, and the commer

clal attache, Enzo Mancigleri, vi sited the Minister of Economy here.

A Ministry source said similar negotiations will be resumed i 30.41 nominal, shortly with France, and Carcho- slovakia and Norway are gwalt- ing their turn for discussions.- United Press.

ALL RUBBISH

Athens, June 30. Admiral Sir Arthur Power, Commander-in-Chief of the Bri- Portland, Arrivals on June 29, sh Mediterranean Fleet, said Rutgers Victory and Oregon here today that reports of my Trader from Nagoya and John Owen from Kobe. Salled, mastar for Yukóhámp.---Associat- ed Press,

LONDON STOCKS

sterious submarines in the Medi-edged securities Du-terranean are "ali rubbish."

STATES MARINE LINES

FAR EAST SERVICE

FROM U.S.A. PORTS

S:S. “J. L. LUCKENBACH”

Due 17th July

Agcata

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

Tel 34111 & 34112.

Union Buliding--

THE HO HONG STEAMSHIP

(1932) LTD.

8.8. "HONG SIANG”.

For SingafÓDE” PENANG A RANGOON`

Landipr

8th July

·Bubjcol to supration - Withong Natkop

For Particulars Frelatit & Passage Picaso Apply:

THE HO HONG GO, (CHINA) LTD. 484. Dankam. Birană. W.

Balilog

6th July

Telephone: 31341.

Ho arrived today on board the battleship Vanguard.—Reuter.

NOTICE TO CONSIGNEES "HOLDING"

2. & O., B. 1.4-1. & A. BILES OF LADING

Mears Goddard & Douglas will'attend at 10°ám;' on 'Mon. days and Thursilay's 'wliħin the free storage period, th" aurvey damaged cargo, and cohsigned. are requested to have their representative present, Unless consignees representatives- ark present at the Survey no claims can thereafter be omitted.. MACKINNON, MACKENZIE

Agents:-

&.co.

P. & O. 9. N. Ca, B. I, 9. N. Co., L.

A. 83 Co Ltd.

Pacific For East Love Tue.

Fast Regular Trans-Pacific Service

DIRECT

BAN FRANCISCO, LOS ANGELES.

"OVERLAND'

NEW YORK-CUCAGO-DETROIT TORONTO, MONTREAL AND. ALL AMERICAN & CANADIAN OITTER.

Artys

"GREAT REPUBLICS †

"BÉA SKUPENT" I *IRAM VIĆTORY*

2- Ban Francisco

·July

New Fanguines

12

Bab Wikkelsco

Han Yenucleor

July

Az

#FLYING URKOGN"

Esia, 28127. A. 25018

"SEF"fun"PartZRAYS COURTESYKY KRSALKONTAKUMITATEM“

Sal

July T

July 11

A 1

“Aug.

4

Fernd

}

San Franciscs 4 Lês Angele En PriceFacó de Lau Augsto0.

Băd Franelen By Lan Anhelse

ni sun phát,

th

Ban Franclero¬k ́Ess¥Ângelos. Bas Mencies 4. Len Anzilons

London. July "1. Renewed selling, of British gilt- forced prices fractionally lower in the Stock Exchange. Industrial altarus moved irregularly" and mis-

steel issues which closed" firm. with the exception of fron and Calls were generally unchanged and Kalles held firm on local support,

cellaneous leaders lost ground

Financial Times' index 101.6. Associated Press.

Notice To Consignees

S.S. “EUBYPYLUS", Damaged cargo ex this vessel will be surveyed at Holt's Wharf between 10 a.m. and Toon on July 2 and 4, 1940, and consignees are requested th have their representatives pre- sent during the survey.

BUTTERFIELD & SWIRE,

Agents.

.

Hong Kong, July 2, 1049.

Notice

To Consignees M/V “SHANSI”

arrived 20.4.49.

Damaged cargo ex this vessel will be surveyed by Messrs. Goddard & Douglar at Hong Kong & Kowloon Whorf No: 26A Godown from 10 a.m. on the 5th and 6th July 1940 and consigncos representatives are requested to 1 be, present during the survey

BUTTERFIELD & SWIRE, Agans, Australian-Ortentní Line Ltd.

AMERICAN PRESIDEN LINES

The Global, Fleet

· TO HONOLULU AND, SAN FRANCISCO via JAPAN

"Pieldent Cleveland"

"President Wilson"

July 13

Aug 3

TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

"President Plérée" (San Francisco Direct) "President McKinley”

July 17

1

TO NEW YORK, BALTIMORE & BOSTON via PANAMA

"President Johnson" (Direct to Pacific Coast)

'President Harrison" (Direct to Pacifle Coast) ROUND-THE WORLD

July 7

July 12

TIA' MANILA, singavore, COLOMBO, KARACHI, SUES PÕKT SAID, ALEXANDRIA, NAPLES, MARSEILLES, *****

` GENOA, NEW YORK and BOSTON

2

"Molint Davis" "Mount Maxfleld"

TO N.E.I. & SINGAPORE

"President Filmore" "President Tyler”

Opposite Star Ferry,

:

July 1

• Staly 12

July July 30

Tel. 28178/8.

AMERICAN PIONEER LINE

to and from Atlantic Coast Ports of

the United States

and Far Eastern Ports

NEW FAST CARGO SHIPS

ARRIVALS FROM ATLANTIC

"PIONEER SEA"

"PIONEER COVE "PIONEER TIDE"

July 17 July 28

Aug.

4

SAILINGS TO MANILA

རྒྱུ།

"PIONEER SEA"

"PIONEER COVE"

*PIONEER TIDE"

July 18 July 28 Aug.

SAILINGS TO

NEW YORK, BOSTON, BALTIMORE PHILADELPHIA

vin JAPAN & PANAMA CANAL

Arrives July 9 Salis July

“PIONEER LAKE" ...

"PIONEER SEA"

14

Aug.

4

"PIONEER COVE"

Aug. 14

"PIONEER TIDE

Aug. 21

10

Aur. Aug. 16

Aug. 23

For ratos, special information coll

UNITED STATES LINES

COMPANY

The abere Hat Indicates 'the principal porte of Iseding and discharYO

Por further informas

Queen's Bldg.

as presently intended, but not their rotation. tion ses schedule at the Company's Ollen.

Tel. 31251

BENS LINE

1

SHIP BENVRACKIE” BENLAWERS"

"DENDORAN" BENDBOCH" "BENVORLICH" *"BENCLLUCR"

SHIP "DENLAWERS"

DENVORLICH" BENBLOCH SVBENARTY!

"LENVRACKIE“ "BENDORAN "BENCLEUCH"

"BENLOMOND"

FARM 163 ARRIVALS

...U.K. via Singapore

*FROM

-

do"

→

tu

---

SAILINGS

ΤΟ

London, Antwerp, Rotterdam, 'Ham- burg & Hu?).

Elverpool, Glasgow, Havre, Antwerp, Het-

DUR

7th July. In Port,

Abt. mi♫ July. 2nd: baik July. End July. 1st half Aug.

LOADING

7th July. End Jul.: 2fid half August Aut. Ich July.. Aht. 9th July. 2nd half August. Early Sept,

Abt. 14th July.

terdam & Halsbury, Genoa, London, Ant- werp, Rotterdam, Imburg, Hell. & Leith vin Malaya, Colombo, Aden, Port Sudan and other way porta.

Accepts cargo for Keelung, Accepta carko for Japan.

Calls it Gunda,'

Omits Hamburg, onils at Leith.

For Further Parnculars, Apply To---

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

York Bullding.

Telephone: 24165.

KLAVENESS LINE

SAILINGS

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

30th July

ARRIVALS FROM PACIFIC COAST H M.S; "BOUGAINVILLE

22nd July M.S. "SUNNYVILLE”

21st Aug. Salling to Singapore, Port & vettenham

'Penang, Belawan & B tavia y

23rd July

M.S. “BOUGAINVILLE"

** Pilsenger Accommodatien Chinese Freight Agenta, HOO FOOK PING 2

BAN ON TAnky.

THE BANK LINE (CHINA) LTD,

Kings Bullding - Tel_22791_THEBA) – LOTE (CRES

કપાસ