1949-07-20 — Page 14

ROYAL

INTEROCEANE

THE CHINA MAIL, WEDNESDAY, JULY 20, 1949.

FINANCE

AND

COMMERCE

LINES LOANS FROM U.S. SAVED New York

JAVAPORTS and MACASSAR

"TJITJALENGKA"

TJIRADAK"

THISADANE"

TJITJALENGKA"

THIKAMPER

"TASMAN"

"TJIBADAK"

SAILINGS ARRIVALS

.21st July

2nd August 18th August

MANILA

SAILINGS

(20th July

27 July

2nd August

21st July 4th August

ARRIVALS

20th July

26th July

SINGAPORE, PENANG and BELAWAN DELI

"TJITJALENGKA" &

"VAN RIEMSDIJK"

"VAN HEUTSZ" {

SAILINGS ARRIVALS

21st July

1st August

16th: August

EUROPE FROM

Hong Kong Stock Exchange

Rather more transactions were reported yesterday my rates show- In some slight falling away.

IX. GOVT. LOANB

23rd July

8th August

#14.

Nut calling at Penang & Belawan: Del (--

$ Passengers accepted to Singapore only

EAST & SOUTH AFRICA & SOUTH AMERICA

SAILINGS ARRIVALS

~TJIKAMPEK" * "ROYS"

20th July

In Port.

10th Aug.

**TJIBODAK" *

7th Sept.

"STRAAT MALAKKA”

5th Oct

1 1914.

Jawa 17954 1240) 180n. (124) 1.

DANKA

Hank 155, 1515-75mm,

....የዛ In trut

$11 BÊN. Chattered Bank Mercantile Bank A. & 1. 22jn. Hath of Ens) Aula 2186,

INSURANCES

י

Canton 12, 1454, 360ma 11 1 nah, Gebru Chlon Underwriters 2.60n.

K. Fire », 200,

SKIPTING

Deniglases 29.

18th Aug.

1.

Tool

Calling at Mombasa & Marques Direct. Transhipment eargo accepted on through la/L to Dar-Ex-Salaam and Zanzibar.

"RUFS

* passetiger accommodation.

JAPAN

SAILINGS

ARRIVALS

7th August

Agents: HOLLAND—EAST ASIA LINE

EUROPE via MANILA and MALAYA

"AMSTELDIJK"

"RIJNKERK"

"MARIEKERK”

SAILINGS

ARRIVALS

#3rd July

End Aug.

.End Sept.

Early ADK. Early Sep

Transhipment eargo accepted on through Bs/1, to India. Mediterranean and Northern European porta.

JAPAN

SAILINGS

ARRIVALS

"AMSTELDIJK"

22nd July

KING'S BUILDING: TELS. 28015 to 28017 CHINESE AGENTS. 82. ConnavoOHT RD. C. TELS: 30196-25133

DE

LA RAMA LINES

ARRIVING FROM U.5. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO

m.v. "BENARES"

Early Sept.

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

m.v. "DONA ANICETA" (calis Japan)

Md Aug.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tels. 23670-22075

CHINESE SHIPPING OFFICE

Tals, 2973820153

BENDLINE

FROM

THE

ARRIVALS

BETP "BENDORAN"

"BENREOCUP"

"BENVORLICH"

BENCLEUCH!"

"BENALBANACH”

"BENCRUACHAN"

BENNEYIS"

"BENMACDRUI

"BENORUACIJAN" "BENALBANACH" {"BENMACDIIUI".

FROM

U.K. via Singapore

do 40

SAILINGS

KNO

DUS

In Port Abt 10th August. 28th July, 1st half August. End August. End August. End Aurant. 1st half Sept.

BKIT "BENVORLICH" "BENREOLH"

"BENUORAN" "BENCLEUCH" "BENNEVIS"

"BENLOMOND"

London, Antwerp,

- Rotterdam, Ham--

burg & L

Liverpool, Glasgow, Dublin. Havre, Antwerp, Rotterdam/ & Hamburg.

Genni, London, Ant- werp, Rotterdam, Itamburg, Hult & Leith

LOADING 30th July,

1st half Sept. End August 2nd halt Sopt. Mid Sep!.

2nd half August, Early Sept

Early October.

28th July.

́viu Malaya, Colombo, Adep, Port Sudan and other way ports:

* Accepts cargo for Japan.

Omits Hamburg, calls at Leith.

-For-Further-Particulars, Apply-To---

LOXLEY & CO. (CHINA) LTD.

Agents

# Calls at Genoa,

& M. Mammbents 1745. Things (Prets 89}n,

(Def.) 2000, Shola 12eurert 6474ận, Midon Waterbost: Ja. Arlo Nas, GD,

DOCKS, WHARVES, GODOWNA, Kи.

K. K. Whmeves 120n,

North Padut Whares ju. Shankhal Hongkow Wharvem 18m. 320 k 1N4×, INžu*, Chinn Providents 1245, 12 ju«. Shanhai Thekyurda 4.0 Wheelcks 20

MINING

itat Min $.3ta. it K. Min A

LANDS, BOTELS & BLON

Hotels 333% 11,407,39mm. 1.K.. and $4h, 564, S4[mm. Phoneladende 2.3 b. 2.10, Humphreys 1116.

.. Restles

PUBLIC UTILITIES K.K. Tramways 13.74, 17.40/30%. Book Tram (603) 1905,

(New) 16h,

Mar Ferriem 2017,

9.30.Una.

elhi 12.00, 136, 121730mm.

(Now 90, 140K JI.K. Beetles 24, 331, 83/22.0mm. Murno Electrica 220,

Banánkum Jászhts tha Telephone.

Shotghal Qax 3m.

INDUSTRIAL,8

Cal. Maeg. (rd.) 25.60N,

Custom Ice 7#.

Usment //247.

1.K. Rrs 18.HA,

STORES, Etc. Fairy Pre STM, Stor Watsons 401»n.

Crawfurda 101ds 201

(New) 25.

Sincerer 'DI.

Chlum Enygurlam Sh. Sus Co., Ltd. 2.3. Kwong Sea Hung 10. Wing On K.) NGA.

Wm. Powell. 1.td. Din.

MISCELLANEOUS

China Entertainments 15n. H., Constructions (Dk) $4.

(New) Hin. Vibro Filings X., 15. Margoun lovestments 960, Marton TX 28. Stinglint Lazer 1.800. Youghies 32.

Evo j..

COTIONS

RUBBER, Ete., COMPANIES Alma Estates 14, Anglo-Dutch -80. Anglo-Java in

on,

Halu Auuma .40u. Date Plantațiune 20. Chewure Pulled Cheng Rutte 21. Consolidated Rubbers In. Pomela ttabbers in. Imuphols itt.

Repsb Hubbers a. Ruler Trunta S. Sarango Rubber In, Semana ubbers 25. Shanghal Kedahu In. Skanchal-Malaya 12r. #hahal Sumatrus J0N. Angel Durlı 19ja.

Tanah Merahu „500. Ten Ruders .400.

Ziangfro Blubbers 10,

Notice To Consignees S/S "CHANGTE” arrived 16.7.49.

Damaged cargo ex this vessel will be surveyed by Messrs. Goddard & Douglas at Hong- kong & Kowloon Wharf Go- down 25A on 20th and 21st July, 1940 and consignees re- presentatives are requested to be present during the survey.

BUTTERFIELD & SWIRE,

⚫Agents, Australian-Oriental

Lino Lid,

TRAGEDY

London, July 18.

The Foreign Secretary, Mr. Ernest Beyin, declared

in

the House of Commons tonight that American loans and Marshall Aid had saved Europe from a terrible tragedy.

"But I think every penny that America has spent will be returned to her four-fold as the years

go on," he added,

Mr. Bevin was replying ton Lwo-tiny debate on Britain's ceonomie crisis in which the De- Mr. puty Upposition, lender, Anthony Eden, had accused Sir Stafford Cripps of trying to play down the gravity of the economie situation.

Other paint made by Mr B- vin:

"The United States is as much Welfare State as Britain, only theirs is of a different form.

"One of our troubles in the balance of payments problem in the fact that the United States, carrying out its welfare polley. has given a busic price to ugri- culture.

do not object to it. I lak it is right. But on our siele we have not worked out a buste price for raw materials in re-

Mr. Bevin was presumibly re- ferring to the farm price support programme in the United States, Bevin was replying to criticism of the Welfare State an being the cause of Britain's troubles.

PI AIR PACT WITH PAKISTAN

Stock Exchange

New York, July 19.

A creeping advance carried the stock market to n new seven- week high on Monday. The rise was far from impressive. Gains were mostly in minor fractions. There were also many fractional Turies.

Benguet Consoldiated Mining. Recont! most netive stock, closed down at 2-3 on sales of 27,000 shares. Transfers 820,000.

Traders paid little attention to the duy news. Anong gainers Coca Douglas Aircraft, were

Allied Phelps Dodge, Cola, Brothers, Chemical, Union Pacific. Wamer Stumbers included Philip Mor- thes. Owena Himols Cuss, Northern

Pacific.

United Airlines, -

Manila, July 18. It was officially announced this Levening that the Philippines alr mission headed by Mr. Lucas V.

Counsellor of Madambe, Foreign Offer, has sucessfully negotiated the projected air truns- port agreement with Pakistan.

The announcement said that the treaty was signed on Saturday of Pakia- morning in the presence

omenis and tan Foreign Office merkers of the five-man air mis- son from the Philippines.

Mr. Macumba signed the docu- ment for the Philippines whilic the Pakistan Foreign Minister signed on behalf of his country. -Reuter,

UK TRADING WITH ITALY

London, July 18.

The Anglo-Italian Joint Eco-

"The Brussels and Atlantic Parts and other political develop, ments helped to create stability. but we have not yet carried that co-operation into the field of ex-nomic Committee today reached changes as we must now do." Mr. Bevin said.

This exchange mechanism

of great 110. very deleste and purtance to the stability of the worki and of peace.

Danger To Poace

Increasing trade agreement on

and Britain, the between Italy Foreign Oflee announced.

Both delegatlans hope that aly will be able to use up between £7,000,000 and £7,500,000 of her £50,000,000 balance by the end: of June, 1850.

will principally be spent un coali and heavy machinery. Taly wil

About sell Britain

£1.500.000 worth more of fruit, vegetables! and other foodstuffs.—Reules.

Haly will buy from Britain 8,000,000 worth more of goods "Therefore, talking about de-than originally agreed. This stan valuation or talking some sort of slogan which cuts into con fidence in a currency is one of of the biggest dangers

to the peace of the world. "We must get to a state where be dealt with this

different higher vad

Mr. Devin sail that the Comm monwealth Finance Ministers' meeting here had been more con- scious thum ever before that Britoin is the banker for the Commonwealth. But instead of

Cal

ment."

Zu a environ-

the banker saving his client, it HOW has to be a mutual effort to

cach other.

RAVC

If the dollar and sterling areas brought together and the can be right co-operation produced

ran

we

Money Market

US dollars opened yesterday, at HK$8.12% nnd closed ht $6.ju.

Highest and lowest rates of the

day were $8.19 and $8.12.

TT was put through between HK$6.13 and $6.10.

Sterling was lower at HK$16.- 50, As niso

Australian pounds at HK$13.80.

wer:

Plastres were again quated nominal at HK$12.00 a 100.

Ticals were unchanged at HKS- 20.30 100, and NEI Guilders HK$34.00 a

100.

make President Truman's | were stationary st Fourth Point the plin to uld under-developed countries-a living reality in helping to lift up standards of life throughout the that great area"

The

Sterling Area represents about 000,000,000 people. A fur- ther 800,000,000 l other coun- fetes are influenced by it.

"Within that vast teeming population is the biggest market for American and British craft- manship and ingenuity in the world," Mr. Bevin said.-Reuter.

CHICAGO GRAINS Chiengo. July 10. Most groin futures moved higher in active trading. Whent finished unchanged to higher.

July $1.08 -1.

Serwer $2.01 -.

$2.01-$2.03 %-

Notice To Consignees

M/V "CITY OF ALMA”

Dow Jones averages;-Stocks

61.81:20 Induguials 174.04; 15 Rails 44.35; 10 Utilities 35.91.

Closing a 18 Admins Express

Alaska Juneau 3

American Can

927*

American Smelting 45% American Telephone 141 American Teleco 70 American Waterworks 7% Anconda Copper 388% Aviation Corp 54

Baldwin Locomotive 9% Bernsdall $4

Bendix Aviation 29 Bethlehem Steel 20

Boeing Aircraft 19

Barden Co, 40

Canadian Pace 11

J. 1. Case 33%

Chrysler 48%

Colgate 38

Commercial Solvents 15%

Corn Products 59% Du Pont 47%

Ensinan Kodak 4131 General Electric 36% General Motors 30% Goodrich 58%

Goodyear 401 | Homestake Mining 43% International Harvester 20 International Paper 474 International Tel & Tel 0% Johns Manville 37k Kennecott Cupper 474

Ward 51 Montgomery

Notional Distillers 18 National Lend 32% New York Central to Pacisard Motors

31%

Pan American Airways 9 Pennsylvania RR 14 Radio Corp. 10% Remington Rand 934 Republie Steel 19 Reynolds Tacco 37 Sears Roebuck 39% Shell Oil 33%

Vacuum 15

Socern Freific 30%

Standard Brands 10% Stamlard Oll of Cali, 61% Standard Oil of N. J, 48 Studebaker 20 11⁄2

Union Bug 23%

Union Carbide 18%

US Steel 22%

US Lines 14% Westinghouse 24

Youngstown Sheet & Tube 614 Gen. Pub. Utilities 1312

-Associated Press.

AMERICAN PRESIDE LINES

The Global Fiest

TO HONOLULU AND SAN FRANCISCO

"Provident Wilson"

"General Gordon"

TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

Are July 31 Art. Aug. 4

Sall Sall

Aug. 3 Aug. +

via JAPAN

"President McKinley* ... "President Tate" "President Madison"

Arr

Arr.

Arr.

༞༞:

Sail ...... July 21

July 21 July #7 Sall... July 28 Aur. 10 Sall. Aug. 11

TO NEW YORK, BALTIMORE & BOSTOŃ via PACIFIC-COAST-&-PANAMA

"Fresident Fillmore" "President Tyler"

Aug. 11

Sali Arr: Aug. 10

Arr...... Sept. C Sall...... Sept. 7 ROUND-THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHII, SUKI

PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES,

GENOA, NEW YORK and BOSTON

"President Monroe" "President Buchanan"

******

Arr. July 26 Salt

July 28 ... Acc. ....... Aug. 9 Sall ...... Aug. 11 TO SOERABAJA, BATAVIA &

SOENGEI-GERONG

"President Tyler" "President Grant"

Opposite Star Ferry.

Arr.

July 20 Arr...... Aug. 26

Sall

Sall......

Tel. 28192/5

July 31 Aug. 27

AMERICAN PIONEER LINE

lo and from

Atlantic Coast Ports of

the United States

and Far Eastern Ports

NEW FAST CARGO SHIPS

ARRIVALS FROM ATLANTIC

"PIONEER SEA"

July 20

"PIONEER COVE" "PADUCAH VICTORY"

July 24

Aug. 13

"PIONEER TIDE"

Aug. 18

SAILINGS TO MANILA

"PIONEER BEA"

July 22.

"PIONEER COVE"

July 26

"PADUCAH VICTORY"

Aug. 14

"PIONEER TIDE"

Λες. 19

SAILINGS TO

"PIONEER SEA".

"PIONEER COVE

Arrives July 28 Saile July 30

"PADUCAH VICTORY"

*

Aug. 11

Aug 13

Aug. 30

"PIONEER TIDE

**

Sept. 1

+1

Sept 1- Sept. G

NEW YORK, BOSTON, BALTIMORE PHILADELPIŅA,

vin JAPAN & PANAMA CANAL

For rates, special information call.

UNITED STATES LINES

Queen's Bldg.

COMPANY

Tel. 31251

The above Hot Indientes the principal þarka of leading and dischargo For further Informa-

no presently intended,, but not their, retation. tion schedule at the Company's Office.

LONDON STOCKS THE EAST ASIATIC CO., LTD.

London, July 19. There was on easier tendericy

оп

Having arrived Hongkong consignees ut cargo are hereby noted that all goods have been landed and placed at their' risk and expense into the go- in most sections of the stock downs of the Hong Kong & market

Monday, Operators Kowloon Wharf & Godown tool proßla following recent Co. Ltd., where delivery may price advances and before the be obtained as soon

end of account or trading period. as the Leading industrial shares were n goods are landed.

few pence lower and there was an easy undertone in the com- modity and base metals group.

Einancial Times' Index: 105.1. Associated Press.

No claims will be admitted 1-after the goods have left the godowns or failure to attend the survey.

All broken, chafed and dam-

Com lower to 1-% higher, aged goods are to be left in the

July $1.40 -4.

Outs -1- higher..

July

00 24-34.

Rye 4-1-cent higher. July $1.55.

Soybeans lower to one cent

higher.

July $2.58 14-14.

-Associated Press.

NY COTTON

on

New York, July, 18, Colton futures were frm New Orleans and commission Closed 80: cents house buying, to $1.30 a bale higher.

October 29.70–78. Deedmber 29.57. March 29.62 bid. May July 28.05.

20.51.

nominal,

Middling Spot 13.12 nominal.

---Associated Press,

godown where they will be

examined in the presence of Messrs. Goddard and Douglas

Notice To Consignees

Consignees Per

5.9. "BENDORAN”

Damaged packages are to be

on July 25, 1949, at 10a.m. are hereby notifled that their To comply with the General cargo is being discharged into Bonded Warehouse Regulations, the Hong Kong & Kowloon consignets must have a Re- Wharf & Godown Co.'s go- down, where it will be at Con«. venue Officer In attendance

signees' risk and subject to the when examining damaged dutl-Wharf's terms and conditions able goods. All claims against of storage, and where delivery the vessel must be presented to may be obtained. the Undersigned within four- teen days of the ship's arrival, or they will not be recognised. left in the Godowns for ex- jamination by Consignees and No fire insurance will be the Company's surveyors, effected.

Messrs. Carmichael & Clarke, at 10 am on 21st July, 1940.

To comply with the Ganerai Bonded Warehouse Regulations Consignees must have a Re- venue Officer in attendance when damaged dutiable goods pro examined.

WALLEM & CO...

Agents, Telephone 34177-9.

Pacific Far East Line, Inc.

Fast Regular Trans-Pacific Service-

DIREUT

·HAN TRÀNGISDO, LOS ANGELES

"EKA BERPENT" ↑ "IRAN VICTORY”

Ban Francisco

OVERLAND

NEW YORK CHICAGO-DETROIT-TORONTO, MONTREAL AND "ALL AMERICAN & CANADIAN CITIES,

San Francisco & Lee Angeles, Bon:Franstočo 4. Los Angvior Trenivía, Shanghai, Takabar – “Can Frangiper & Eme-Angiimein BAR, Fennelnen & Len Anflag-T

No claims will be admitted, after the goods have left the steamer's godowns, and all goods remaining undelivered after 23rd July, 1949, will be subject to rent.

All claims against the steam- er must be presented to the undersigned con or before

10th August, 1949, or they wil not be recognised.

OF COPENHAGEN

M.S. "MONGOLIA"

LOADING ABOUT 15th August

for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG and copenÍÍAGEN. Tanks available for the carriage of oil in bulk,

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

Tel. 34111 & 84112

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence. San Francisco, Vancouver, Seattle & Portland M.S. "CASTLEVILLE"...... Loading 29th July ARRIVALS FROM PACIFIC COAST!!** 25th July M.S. "BOUGAINVILLE"!. M.S. "SUNNYVILLE".

21st Aug.

Salling to Singapore, Port Swettenham Penang, Belawan & Batavia M.S. "BOUGAINVILLE”

Passenger Accommodation Chinese Freight Agents,

HOO FOOK PING

27th July

Apply: YAN

Ruik On Twinka

THE BANK LINE

*(CHINA) LTD

King's Building. Tel $7791 THE BANK LINE (China) Ija

HONGKONG/MACAO

DAILY BAILING

FROM HONGKONG HOIÓN, WHARI

No Fire Insurance will be T.S.S. "CHEUNG HING”

effectedad

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

HN: Trống July 17, 10

FROM, MACAO WHARE

(8.00. A.M.:

TA HING Co. (HE) LEI