1949-07-12 — Page 12

Page 18 X

ROYAL

INTEROCEAN = LINES

JAVAPORTS and MACASSAR

**TJITJALENGKA“

*TJIBADAK"

TJISADANE"

SAILINGS ARRIVALS

.21st July

4th August

18th August

MANILA

SAILINGS

**TJITJALENGKA”

"KEYS"

.............12th July

"TJIKAMPEK"

18th July 19th July

In Port

21 July

4th August

ARRIVALS

20th July

SINGAPORE, PENANG and BELAWAN DELI

"VAN HEUTSZ"

#TITJALENGKA" #

"VAN RIEMSDIJK“

"MAN HEUTSZ" §

SAILINGS ARRIVALS

.15th July

21st July

1st August

16th August

23rd July

81h August

Not enlling at Penang & Belawan Dell Passengers accepted to Singapore only

EAST & SOUTH AFRICA & SOUTH AMERICA

"TJIKAMPEK * *RUYS"

SAILINGS

THE CHINA MAIL, TUESDAY, JULY 12, 1949,

FINANCE AND

COMMERCF

AMERICAN BUSINESS MORE ENCOURAGING

THREAT OF STRIKE IN STEEL

Cleveland, July 11.

The thirat of a steel strike on July 15 has intensified un- certumly in the American steel rearket, the magazine "Steel" says.

|

New York, July 10.

Shrinking inventorias`gave somo encouragement to .an America of declino-weary businessmen the

past week,

Factory warehouses were less bulging Wholesalers-

stock rooms were less cluttered with goods. Retailers' shelves were not quite as tightly packed.

his

was a step in the right practically non-existent and pro- direction, for it meant production duction has been steadily declin- could get away to a quick starting

the consumer loosens

Britain's austerity programme with its curb ou dollar purchases purse strings,

but it

States the whole an- gave some United Wes Bot swer by a long shot, I will take porters the shivers.

But President Truman look un The trade paper reported steel more than a drop in inventories

slumped 20 to start business nelivity really optimistic stand on business con- Taking operations.

ditions despite. Britain's decision polt to fill per cent of-national-humming again.

There was much in the week's to slash its buying in the United Fast work inded lingol capacity That is the lowest level in three newn to

to dicourage as well as co States.

The President told. news yours. The July 4 holitiny

courage.

a steel Dut Steel The threat of

strike, conference in the language responsible. largely

il there is no strike only Britain's austerity programme Wall Street he was bullish (opti partial recovery to the pre-holi- and President Truman's coming mistle) on the economie outlook. day rate of 40 cent of capo economie report had everyone.in --Associated Press.

ARRIVALS

19th July

10th Aug.

7th Sept.

13th July

18th Aug.

ritu

"TRODAS" * "STRAAT MALAKKA" ..... 5th Oct.

Calling at biombasa & L. Marques Direct. Transhipment cargo accepted un through Bs/L to Dar-Es-Salaam and Zanzibar.

"RUYS

TJIKAMPEK'

* 10 passenger accommodation.

JAPAN

SAILINGS

ARRIVALS

18th July

7th AuguRË 15th July

Agents: HOLLAND—EAST ASIA LINE EUROPE via MANILA and MALAYA

"AMSTELDIJK"

"BLINKERK"

"MARIEKERK”

SAILINGS ARRIVALS

End July

End Aug.

End Sept.

Early Aug. Early Sept.

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

"AMSTELDI‡K"

JAPAN

SAILINGS

ARRIVALS

End July

KING'S BUILDING: TELS: 28015 28017 CHINESE AGENTS: 82. Connaught RD. C. Tris: 31196-25133

DE LA RAMA LINES

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

m.y. "BENGAL" m.v. "BENARES"

16th July

Early Sept.

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

.. "DONA NATI”

(calls Japan)

m.v. "DONA ANICETA” (calls Japan)

16th July.

Mid Aug.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

CHINESE SHIPPING 'OFFICE Tela, 23738-20153

MARINA HOUSE Tols: 23078-22675

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN

S.S. “BLANKVANN”

LOADING 15th JULY

for.

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

THE EAST ASIATIC CO., LTD.

Tel. 34111 & 84112 Queen's Bldg, 2nd floor.

"WEEKLY CHINA MAIL”

CONTAINING ALL THE LOCAL NEWS

OF THE WEEK FROM THE

INA MAIL“ “SUNDAY HERALD"

Price 50 cents

ON SALE EVERY THURSDAY,

is expected."

Istas Intensive how supply

with rought

the demand, Steel wald shipment time for 20 rior stert products averaged 5? days at the beginning if the second quarter mad now averages only # days. That is alsopt

mornin

a either of speculation.

Overall business activity during the week followed a now familiar lue-teelhing production sales down again.

at

Good Omen

and

For many economists, now Post premum prices fave dis-

ever, the decling in inventorica appeared. But said there lins been

wholesats manufacturing, no slaving of standard prices o

and retal levels is good men, waising of extras, One producer et polishing extras on stainless; They know wholesaler, re- steet Sheet i about 30 per cent and trifor zrd consumer alike Dyst Sterl said: "This action is ex-Mart buying replacements somet ested to be followed by other time. They said the prospective Sedler"

Steel making scrap dropped for buyer has the dollars-that he is the sixth straight week. The newly waiting for a better bargain. Declming stocks of merchan- price is $10,17 a ton, identical

dise do not mean that purchasing with the Government-knposed

nexi warlime criling. Assoctuted start tomorrow or the Press,

PRICE CUTS IN SOVIET ZONE

Berlin, duty 11. Soviet-controfied

slores clin In Eastern Germany will cut their prices five to 50 per, Cent on Monday.

The oficial Soviet Army Jews- paper, Theglische Rundschau, calts ibe price slush a tremendous slep forward, made possible by the triumph of plaried economy in the Russian zone.

Allied sources describe the cut as an artificial attempt to bolster use lowly-value Bust mark in negotiations with the West On developing their zonal trade and normalising Berlin's life.

The East mark fell on Saturday in West Berlin to a quotation of six for ane West mark.Associate

ed Press.

Money Market

US dollars opened yesterday at HK$0.12, but improved during the day and closed at $0.18,

TT was put through from HK$-| 6.13% and $0.20.

da?

But they do indicate that when buying fully gets under

כוער

there will be a rapid upiųm ira in the rate of business activity

order to keep the consumers wants satisfied.

This week reduced inventories contributed to an upturn in the

AB! nen ferrous metals market. domnul picked up, copper and prices advanced for the Arst time since March,

Strike Threat

The threat of a steel kept everyone tense Iroma Street to Main Street.

strike

Wull

China In A State Of Flúx

Baltimore, Julý to.

Tydings, Senator Millerd chairman of the Banate Arm- ed Services Commitee and member of the Foreign Rela. tlone Committee, cald today: "The Chinese situation is such that I do not think any man either in the military, in the State Department or In the Congrees can predict what month, ought to be done a

month

two from

In a radio address. Sera- tor Tydings-addad: "We are In perled now where wo have to make a thorough es- timate of the situation. be. fore we can arrive at any thing more than an expedient solution. That is what i, ban fleve our Government la do- Ing."United Press

DOLLAR LACK HITS AIRLINES

ofl

Buenos Aires, July 11. The dollar shortages has hit U.S. airlines hard in Rome walk- South American countries. called 4

In a move to avert the out. Feteral officials mediation meeting at Washing tean and its aflate Pan Amer- Big companies like Pan Amer- Lon for Monday, Philip Murray Jean Grace (PANAGRA)

must CIO Steel Workers' president,

spend dollars for equipment, most and John S'ephens, Vico Pre-

sularies and other supplies. Wher sident of US Steel, said would be on hand.

they they sell tickets they collect In soft currency like the Argentino peso.

A, strike

steel" probably woull effect 189

against "big

steel producers employing half a mil- lion workers.

It is becoming increasingly dim- cuk to transfer income to the U.S. because dollars are scarce.

What few dollars each nation It would greatly hampers the

has must be rutioned for essen- nation'a Industrial machinery als ilke fuel and machinery but it probably would not have needed for the nation as a whole: anywhere near the crippling effect of the last major stop-Associated Press. page in 1016.

SHIP MOVEMENTS

Sterling was wenker at HK$17.3n the previous big strike the 40, and Australian powids were country

San Francisco July 11. WOM in the midst of Anchanged at HK$14.20,

post-war economic recovery-theon Saturday from. Taku Bar, Mis

Steamer Joplin Victory arrived Pin res opened at HK$13.20 a 100 demand for steel was intense; and closed at $13.274,

lon San Diegu from Yokohama. Today backlogs

Associated Presa., ***

26.30 a 100.

$-

Tiends were unchanged at NEI Guilderu opened at HKS- 38.50 u 100 and closed at $36.30.

Notice To Consignees CONSIGNEES PER

STATES STEAMSHIP

COMPANY

M/V "ARIZONA"

of orders are

Notice To Consignees CONSIGNEES PER

| BARBER-WILHELMSEN LINE M/V "TRITON

obtained.

left

Notice To Consignees

Consignees Per

STATES STEAMSHIP

* COMPANY --.

5.3. "COLORADO”.

Hong Kong Stock Exchange

A rather quiet day, the amount of business passing being to Email to afford any indication of the tremt of the MarkeiVibra Piling has declared an Interim- dividend of 50 cents tax free.

I.K. GOVT. ·LOANS

4 in.

ath Lan (1924 19) 100lb. 3) Lown (1948} „100 £5.

DANKA

H.K. & B. Hank 1500.

Dan Reykj Charter Book 29 15/16 Mercantile Hank A. & 11, 13jn. Bank of East Anta 11th, 150mm:

INBURANCES

Canton In Badm. Union n. 650U, QELIM.

Deewellers 5.COM. ILK. Fire In, 240.

SHIPPING

Chi

Douglases 2005.

R.K. M. Heumbata 1720. Indo Chinen (Prof.) 80in.

(Del.) 2000.

Sloth femteel 3′′m,

Wakin Waterboats 056, 15«a.

7.

DOCKS, WHARVES, GODOWNB, Ele.

1.K.K. Whares 125n.

North Print-Whagyra im.

Shanghai Hongkow Wharves ja,

1.K. Dock 19ja.

China Providenta 19.106.

Shanchal Dockyards 8.10, Wheelocks 231,

MINING

Bash Mine 1,390, 1.K. Mix 19.

LANDS, HOTELS & BLINGS

II. & 8. Hotels 11jb, 11.70/. I.K Lands 38}} Shanghai Landa In. Humphreys 21ận.

1.K. Remities 2n

ChinesEstaten 160.

PUBLIC UTILITIES H.K. Tramways 17.201, 18. Peak Tram (D) 30n,

(New) 10.

*

Star Ferries 108,

C. Lights 1014) 19h, 13.40. 13.10. (New) 9, n.6%. B.K. Electrics 331, 331/1. Marn Electrics n. Bundakan fghts Vo. Telephones 2. Shanghai n

INDUSTRIALS Cald. Maen (Ord) 26.60n. Canton lees ni Crments 28b 1.K. Top 184.

STORES, Ee, Dairy Farms 35%, 86%, šire. Wotamia 437%, 4%j«, $$}/40am. L. Crawforda (Old) 250m

(New) 23.

Sinceres Gb.

China Emporium X.90%. Fun Co., Ltd, 2.80b. Kwong Ẩn Hoa 190 Wing On (ILE M Wm. I'ell, Ltd. Þân.

MISCELLANEOUS

Chinn Entertainment I.K. Constructions 10ld) Bo.

(New) 21. Vyo Pilings, 182. Maruman/Investments -

Maraman (.K.) Zn.

Shaothai Ikan (X.D.) TA©n, - Yangtz

Ewo Gin,

COTTONS

RUBBER, RI... COMPANIES Alma Estates 14, Angli-Dutch .10.

Anglo-Jara 1.

Flat Anarna 40n. Bale Plantaliosa 2n. Chemure United

stu

Cheng Rubbers 200, Consolidated Rabbers In. Dominion Rubbers in, Langketa Un.

י

Repah Itubber 30. Stabber Trustu 86. Samagags Rubbers 8: Semambu Rubbere .250. Shanuba Kedahan. Shangha>Malnya 120. Shanghai Sumatras „Jen. Bunge Duri ija. Tanah Merahe,607. The Rubbers .4ün.

Zierzba Rubbers in.

RUPEE NOT TO BE DEVALUED

New Delhi: July 11. There is no proposal or intention on the part of the Government to

are hereby notified that their cargo is being discharged into are hereby notified that their devalue the rupes, inquiries in of are hereby notified that their wharf & Godown Co's godown the

the Hong Kong & Kowloon cargo is being discharged into clal circles revealed here today. Hongkong & Kowloon Commerce Minister of the Go

Mr. C. H Dhadbha, former cargo is being discharged into where it will be at Consignees Whart & Godown Co's godown vermanent of India, suggested in the Hongkong & Kowloon Wharf risk and subject to the, Wharf's where it will be at Consignees Bombay yesterday in a comment & Godown Co.'s godown where terms and conditions of storage, risk and subject to the What's on Sir Stafford Cripps statement it will be at Consignees risk and where delivery may be terms and conditions of storage in the House of

that Commons, and subject to the Wharf's

and where delivery may be the present seems to tum to ba terms and conditions of storage,

-obtained.

the most opportune moment fog and where delivery, maý bo Damaged packages are to be

devaluing the rupen in terms of obtained.

Damaged packages are to be the pound sterling 100 in the godowns Damaged packages are to be examination by Consignous and left in the godowns for exam It is considered in officiul circles left in the godowns for exam- Company's Surveyors Messrs ination by Consignee and the here that devaluation of the ruped. ination by Consignees and Com- Goddard & Douglas at 10a.m. Company's. Surveyors, Messrs would be detrimental to India'

Cafimichael & Clarke at 10 economy-Reuter.. pany's Surveyors, Messrs. on the 14th July...

-am on -July: 1871 2: Carmichael & Clarke at 10

To comply with General a.m. on July 12

To comply with General Bonded Warehouse Regulations Bonded Warehouse Regulations Consignees must have a Re Consignees must have a Re venue. Oficer in attendance venue. Officer in attendance when damaged datable goods when dancaged dutiable, goods are examined. *-

To comply with General Bonded Warehouse. Regulations Consignees must have a Re- venue Officer in attendance when doinaged, dutiable goods are examined. “

are examined

1

PAPER PRICES TO BE LOWER

-Stockhokn July 11 To meet North, American com- petition which is pusling › their and threatening their main dollar sedeo, Norway and Finland and sources, the paper: industries of to reduce their prices for all kinds of paper, except newsmint by an average of 10 per cent?

No claim will be admitted | No claim will be admitted products in the world's markets No claim will be admitted after the goods have left the after the goods have left the steamer's godown, and all goods steamers godown, and all good after the goods have lost the remaining undelivered after remaining undelivered after steamer's godown, and all goods the 15th July, 1949, will be July 17, 1949, will be subject remaining undelivered after subject to rent,

July 13, 1949_ will be subject Ba

to rent.

to rent

APA All claims against the steam- All claims against the status decision was reached dur-

All claims against the steamer er must be presented to the mer must be presented to the must be presented to the un Undersigned on, or before the Un denigned on or before July 22nd July 1949 or they will

20, 1949 or they will not be be recognised. recognised,

No Fire Insurance-will-

effected:

(one- or -- báford 919 or they will not

|ing a meeting of 60 Popresentatīvan

of the Industries In, Karl

The three Scandinavian coun tries have a "government's agree- mant" to "keep their pricos; at the rame fixed level—Re

and boma-fürisbinge

The Global Flest

S.S. "PRESIDENT CLEVELAND"

Salls for

KOBE, YOKOHAMA, HONÕLULU `and'

SAN-FRANCISCO

Wednesday, July 13th

at 11.00 A.M. (Hongkong summer time)

Passengers boarding from 9.00 to 10.30 A.M.

Hold baggage should be delivered to Godown No. 50, Gate No. 2, Canton Rond, Kowloon, not later than noon,

Tuesday,

Opposite Star Ferry.

Tel. 28172/3...

BEN LINE

**BENDORAN"

BENREOCH" "BENVORLICH“

DUR

Abt. mid July,

ARRIVALS

SHIP

FROM

......U.K. via Bligapore

do

2nd half July.

End July.

End August.

do

End AugunË,

do -

Md August,

.do

End August.

do --

1st half Sept.

BENCLEUCII"

**BENALBANACH"

"BENCRUACHAN" "BENNEVIS" "BENMACDHUI”

SULP

"BENVORLICH"

BENREOCHTM

SAILINGS

TO

London, Antwerp,

"BENCRUACHAN" -Rotterdam, Ham- "BENALBANACH" -burg -&-- Full--- "BENMACDHUI” $"BENARTY"

"BENDORAN" "RENCIEUCH" “BENNEVIS"

"BENLOMOND**

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

LOADING

End July, 2nd hall-August 2nd half August.

1st half Sapt.

Mid Sept.

12th July. 2nd half August. Early Sept. 1st half October.

Abt. 20th July.

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

Accepts cargo for Japan.

#Calla at Genoa,

Omits Hamburg, calls at Leith.

Calls at Dubilu.

For Further Particulars, Apply. To-

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

Tork Building.

Agents

Telephone: $4155.

STATES MARINE LINES

FAR EAST SERVICE

FROM U.S.A. PORTS

S.S. “J. L.

LUCKENBACH"

Due 17th July Agents

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

Union Building

Telephone: 31841

KLAVENESS LINE

SAILINGS.

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

30th July M.S. "CASTLEVILLE"

ARRIVALS FROM PACIFIC COAST

22nd July MS. “BOUGAINVILLE”. MS. "SUNNYVILLE" ".

M.S.

21st Aug.

Salling to Singapore, Port Swettenham

Penang, Belawan & Batavia...

“BOUGAINVILLE”

Füssenger Accommodation Chinese Freight Agents,

HOO FOOK PING

Jun 23rd July,

Balk On Wa

Apply

THE BANK LINK

"(CHINA) LTD.

King's Building. Tel 37792. THE BANK LINE (China) KARL:

CHINESE OPTICAL CO.

SUN-GLASSES STATION

RAY-BAN

POLOROID

FANCY BUN-GLASSES; FOR

CALOBAR