1949-08-12 — Page 12

THE CHINA MAIL, FRIDAY, AUGUST 12, 1949.

ROYAL

INTEROCEAN.

LINES

JAVAPORTS and MACASSAR KA

**TJISADANE"

"TJITJALENGKA"

TJIHADAK"

"THISADANE”

"THSADANE"

"THTJALENGKA

"TASMAN

"THPONDOK**

"B0138EVAIN“

"STRAAT MALAKKA"

SAILINGS

i6th August 1st. Sept.

10th Sept. 20th Sept.

MANILA

SAILINGS

16th August

7th Sept. 7th Sept.

5th Oct.

4th Nay.

ARRIVALS

19th August,

2nd Sept.

10th Sept.

ARRIVALS

16th August 30th August 15th Sept.

24th Sept.

SINGAPORE, PENANG and BELAWAN DELI

PLASMAN" J

"VAN HEUTSZ" {

"VAN RIEMSDIJK"

"VAN HEUTSZ“

SAILINGS.

ARRIVALS

31st August

16th Aug.

4th Sept.

21st Sept.

26th Aug. 17th Sept.

1 To Singapore and Penang only

Passengers accepted to Singapuro only

EAST & SOUTH AFRICA & SOUTH AMERICA

**TJIPONDOK"

"STRAAT MALAKKA"

"BOISSEVAIN"

SAILINGS

FINANCE AND COMMERCE

BRITAIN REPORTED TO BE ASKING FOR BIG U.S. LOAN

Hong Kong Stock Exchange

There is no Improvement in the Market..

1.4. SUV. LANH

44. mn.

36 or clan) § 1940)* 100n. A Lost €1940) 100S, - 394 398. ^

BANKS

X.D.

H.R. 8. Mark 450; 14

{』,i len. Chase Tikesh ♫ 12IGN, Herenatis Hank A. 4 D. £25. Bank of Eat Asta 1948.

INBURANCEA

'tam am

Balm (55m, flyna, Chlon Bufer writer &lym

K. Iun. 2450,

SHIPPING

ARRIVALS

7th Sept

5th Oct.

22nd Aug.

4th Nov.

24th Sept.

Damp laser

ST

Calling at Mombasa & 1. Marques Direct. Transhipment cargo accepted on through Bs/L Bo

Dar-Es-Salaam and Zanzibar.

⚫ no passenger accommodation,

"TSIPONDOK"

"STRAAT MALAKKA"

JAPAN

SAILINGS

24th AuguKÉ Die passenger avenmmodation.

ARRIVALS

4th Sept.

4th Sept.

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"RIJNKERK"

"MARIEKERK"

"MOLENKERK"

SAILINGS

2 N. Kreamboats 1715m. fod. China (95%) 0.

EMEA 2000 21.

The clearers $8/101905. Union Waterkonie No.

Ando No. 9/11.

BOCKS, WHARVES, GODOWNS, Ele.

HK K Wharven 115*,

North Poiret Whoren (%5 Sherrod Bonpkew WhatMIN 14A, 1.5. 1ks 161ị ng

Odna Providenti 24 Zub, Phanghai Stockyardı kes, Wheelock M

MINANTI

Kan Mom & Sta

¥1.8

Mines.

Washington, August 10.

The British Ambassador, Sir Oliver Franks, said today that he has no knowledge about the rer port that Britain is asking a $, 5,000,000,000 five-year American loan.

Republican Senator Kenneth Wherry said on Tues- day that, he had heard from the "grapevine" that Britain is asking for a loan.

"Have you heard anything about it? Sir Olver was asketi Bfter a 70-Mmmmare tutk with the Secretary of State, Mr. Dean Acheson, "No, I haven't," the Ambassador snið).***

the

Meanwhile Britain today gave notice that she is willing to bring

problem before her dollar "commercial court of the AD- Conter- necy Tariff Put! Trade

ente

CHINESE PLAN FOR INDUSTRY

New York Stock Exchange

The

were 1wn

New-York, Áugust 11 stock market recovered and moved upward in a recovery that took average prices, tu-with- in whort distance of the 19 high point.

Gairs

fran fractions to and ttharg nround

points San Francisco, August 10. were maly a few backs suffered Peiping Radio tonight gave here and there among the leaders. Rails and oils led the upward more news about the industrial drive that is going on in Corn-movement. Volume was at 1,200,- Of the total 023 advanced and munist-occupied China,

107 declined. On the forwurd

The British delegate read A Government statement declaring the

import intensified British restrictions are only of a short-

It-said

that Peiping, former term Interim character,

Under the Geneva Treaty, the Capital of China and traitional signatories are bound not top-cultural tenire, will be trans- danger the economies of offers famed from a non-productive to nn Jacustrial etty with the people by changing trade commitments and the Governmen e-upera

000.

move, 17 new highs for the your

were reached.

Stocks on the higher side -in- cluded Kentiecott, U. S. Ster, Chrysler. U. S. Rubber, Sears Roebuck, American Cass, Ameri- enn Woollen, Philco, Goodyear, The radio also reportedl that Dupont. safeguard the balanes of pay= |irm, leet and chemical factories Dow Jones #verngos:-Stocks

The British statement And Shanghai are producing sub-04.05. 20 Industrials

whout warning, but of erenpe clause permit: restrictions

that for some

180.60. materials, Halls 47.72. 10 Dillities 30.78. and that a! traffe will

Shang

tune the particu-tutes for imported lars of Britain's revised Import fuel and machinery two-way cammadily be inaugurated briwen programme could not be piyan but Britain would be glad to

hal and Manchuria. provide particulars when the pyn-

Under the latter scheme Man- gramme is worked out.

churit will receive Industrial saya beans and timber.

31 defeel that no rondlation dute could be fees prior to the

isa Washhiston

LANON HOTELS 2 19LTIES,

negotiations Hutels Job, the 30, 10, 14 zusa 11. Lunde him,

September.

Bloopbar Tands 2.poh,

ARRIVALS

End Aug.

16th August

Ilumphrey 301- 1K. Realffen 20. Chin

„End Sent.

End Oct.

JL.K

Early Sept.

Early Oct.

Transhipment cargo accepted on through Bx/E. to India. Mediterranean and Northern European ports.

"RIJNKERK"

"MARIEKERK"

JAPAN

SAILINGS

20th Aug. Early Sept.

ARRIVALS

End Aug. End Sept.

KING'S BUILDING: TELS: 28015 to 28017 CHINESE Agents: 82. ConnauDHT Ro. C. TELS: 30196-25133

DE LA RAMA LINES

ARRIVING FROM US. ATLANTIC COAST VIA LOS ANGELES & SAN FRANCISCO

m.v. "BENARES"

8.. "DONA AURORA”.

Mid Sept. Mid Oct.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 23676-22675

CHINESE SHIPPING OFFICE Tals. 23738-20153

THE HO HONG STEAMSHIP CO., (1932) LTD.

S.S. "HONG SIANG"

For SINGAPORE & PENANG

Loading

21st Aug.

Sailing

22nd Aug.

Subject to Alteration Without Notice

For Freight & Passage Please Apply: THE HO HONG CO. (CHINA) LTD.

48A, Bonham Strand W.

Tels. 26127 & 25640

HONGKONG / MACAO

DAILY BAILING

FROM MACAQ FROM HONGKONG

HOI ON WHARF No. 18 WHARF

9.00 A.M. 2.30 P.M.

T.S.S. "CHEUNG HING”

Further Particulars Please Apply;- *TA HING Co. (H.K.) Ltd. St. George's Bldg. Tels: 31288, 31289 Subject to Atterations Without Notice

"WEEKLY CHINA MAIL”

་་་་

CONTAINING ALL THE LOCAL NEWS

OF THE WEEK FROM THE

"CHINA MAIL" & "SUNDAY HERALD"

Price 50 Cents

ON-SALE- EVERY THURSDAY,

Edalen 101a.

PUBLIC UTILITIES Trways 15.89, 1990. Peak Tram 101da 18m.

News in.

Star Ferrion 1940,

Lights old 11.00%

(Now) MA, 7.KONA,

1.K. Elretries 28, 30121%, Macin Beeteles #6120, › Sandakan Light Pr

Telsize 20ýb, 20%/21am. Shpuzhai Das Zu,

INDUSTRIALS Cold. Hacz. (Ords 24.den. Canton Jem în. C'emet,

H.K. Ropes PASA

STORES, Er

Dairy Farma 28łynn Watrons 42».

1. Crawford X.D. 21m.

Sincere 6.bu.

China Emporium 9.10n,

Sun Co.. 1.1. n.

Kwing Rung Horg 123n. Wrist On (LAJI XER. Won. Powell. Ltd. DAN

MISCELLANEOUR

Chira Entertainments 15m. H.K. Contrazione (did) an

H

(New) $15. Vibro Plan 16 Jatt.

Karman Investmante 9/x ̧ Maraman (.K.) 3. Shanghai 1 LBG. Yanytase. An

COTTONS. Ewon 4.9%), D.IN/BAU.

f

RUBBER, Etc., COMPANIES Almen Estates 14. Anglo-Dutch on. Anglo-Javas in.

Batu Anamus. „11. Bule Plantations In. Chemere United .40. Cheng Bubburs 20. Cointed Rubber In. Dominion Rubbers in. Takate in. Repah, Hubbers 30n. Kulter Trusts 5. Bamnyage Rubber Aln. Semambu Jubbers 256. Shanghai Kedaha Is. Hang-Mnlays 12. Shaugbul Bumatra 30k Aunzel Durk 13m. Tanah Meraha „00n. Tebont Hubbers 498, Zlangbe Rubbere la.

Money Market

US dollars opened and closed at IK$0.16 yesterday, fluctuating between $0.16% and 36.17 in the interval.

Trade Figures

Ja

Britain's uiverso train balance fell by £13,500,000 last month, according to provisional figures issued by the Board of Trade todny.

תו

In July, the adverse balance Was £40,700,000 compared with 54,200,000 in June, May the figure was £37,800,- 000.

lowest reached their Imports lovel since February nt £100,- 500,000.

Prices of British Government bonds on the London Stock Ex- change broke sharply ggale after a 24-hour breathing spell. Houvy selling drove some issues of £100

Peiping Radio reported tonight that adio-phone service between Peiping and Changhes provincial capital of Hunan, was resumed today.

Telegraphic service had earlier been resumed-Reuter,

Outlook For Steel Industry

New York, August 11. The currently brighter busi- ness picture in the steel indus- try may last into November it there are no big strikes, the volue par

"Iron Age," metal-working £1:15:0.

The Financial Times daily in-trade weekly, said today. But aj real threat of labour dex of stocks was 101.8, off 05. very

down

will

as much as

The ECA chiet, Mr. Paul Hoff-trouble prevents much optim- man, left New York at 1,40 p.m. ism, it noted. today aboard an American Over-

"This week the sleal companies. reas airliner for Shannon, Ire-

He land.

tour Britain. open their cap before the Presi France, Italy, Greece, Western dential Fact Finding Board," the Germany and Belgium and It publication said, "in an atmos has been

completely arranged that along phere

lacking the the route chiefs of ECA missions goodwill that used to exist be in the 19 recipient nations will tween them and their union.

The threat of an meet him and report.

automotive contiv trike, the three-day week In the coal mines and the con tinued sluggishness in some con- sumer lines cloud the borizan."

The "Iron Age" predletzd: "If steel loses its case, its customers can bid farewell to any hopes of lower steel prices for some time to come."-Associated Press,

South African Gold

Output

Mr. Hoffman will meet the ECA roving ambassador, Mr. W. Averell Harriman. in Paris on for conferences with Sunday ECA offelals and economists.

Asked about the debate on the Congressional "watchacg" com- mitive,

Hoffman

replied: "Watchdog committees can be useful, depending on how they work. You could have one or 50 commitices, provided they right. After all, we live in a gold Bish bowl."

SUCH

Mr.

The Tronevant's gold output lost month exceeded 1,000,000 ounces for the first time in naar-

Notice To Consigneas

Consignees Per

STATES STEAMSHIP COMPANY

s.s. "OREGON"

ly two years. The figure, an- are hereby notified that their nounced by the Chamber of cargo is being discharged into In Jobannesburg today, the Hongkong & Kowloon

Mines

Money Market YAN MING was 1,018,781 ounces, the highest Wharf & Sodown Co's godown yield in nearly three years. where it will be at Consignees

The Improvement was mainly attributed to as improvement of risk and subject to the Whorf's terms and conditions of storage, supply-United ina Associated and where delivery may be

obtained.

TT was put through between HK$0.14% and G.10.

Sterling opened at IDK$18.50 and closed at $10:40.

Australian pounds

changed at Hk313,

were on

Plastres had a markstless' day) and wore quoted at HK$13.22

a 100 nominal,

•

Ticale wert op 'n

farther 20

cants to HK$26.60 100.

NEI Guilders were stationary

at HK$84 à 160,

NEGOTIATIONS

the Inbour fress, Reuler P: css.

Private Investment In Indies

Closing quotations:

Adams Express 20

Alaska Juneau 3%

American Can 92% American Smelting 4015 American Telephone 144% American Tubaceo 70% American Waterworks 74% Anaconda Copper 29% Aviation Corp. 54 Baldwin Locomotive 104 Barnsdal! 50 Bendix Aviation 30% Bethlehem Steel 28 Boeing Aircraft 19% Borden Co. 44 Canadian Pacife 13%

J. 1. Case. 30

Chrysler 53%

Colgate 302

Commercial Solvents 1012 Corn Products 83 Du Pont 51%

Eastman Kodak* 42% Guneral Electric 30% General Motors 61 Goodrich 03 Goodyear 43%

Hometsake Mining 42

International Harvester 20% International Paper 32% Triternational Tel & Tel 9

Johns Manville 40 Kennecott Copper 50 Montgomery Word 53% National Distillers 20 National Lend 32% New York Central 11 Packard Mature 3% Pan Amercan Airways 9% Pennsylvania RR 15% Radio Corp. 11% Real Silk 112 Remington Band 9 Republic Steel 20% Reynolds Tobacco 38% Schenley 201

Sears Roebuck 40% Sholl Oll 343% Socony (Vacuum 15% Southern Pacife 41 Standard Standard

Brands 21

of Chili. 46 Standard Oll of N. J. 08 Studebaker 233

Bag Union 2414 Union Carbide 40 US Rubber 844 US Steel 23

US Lines 18

Westinghouse 24%

15

Youngstown Sheet & Tube 64%)

Gen. Pub. Villitles 14%

-Associated Pressf

New Trade Agreement Signed

Frankfurt, August 10. Western Germany and Tur-: key have signed a £24,060,000 frade treaty, the Joint Export Import Agency announced to-

.

Damaged packages are to be

day. left in the godowns for exam-

The agreement covers the ination by Consignees and the

period July 1, 1949 to June 30, Company's Surveyors, Messrs 1050. Carmichael & Clarke

at 10

West German exports to Tur-}| nm. on August 16, -

key are expected to amount tej about £12,075,000. They will} то comply with General constat mainly of iron and steel Bonded Warehouse Regulations products, fished metal goods, Consignces must have à Re and pharmaceutical goods and re- venue, Oficer in attendance lated products. Batavia, August 10.

Western Germany will importį Private

the when damaged dutiable goods enterprises in

from Turkey goods valued bil Netherlands show great interest are examined.

£12,575,000. The malh items will FOR AIR PACT:: In the foundation of new indus-

No claims will be admitted be tobacco, raw ration, bill seeds, Oslo, August 10tries in Indonesia, one of the

Lafruits, meallle ores and! Norway and Indiin have started members of the Financial Mission after the goods have left the driedf negotiations in New Delhi for which returned from a month of steamer's godown, and all goods concat:rates.

The previous West : German-j new air agreement, the Nor discussions in the Netherlands on remaining undelivered after wegian Forida Omce sold today. nows Azency.

Tuesday told Aneta, the Dulch August 17, 1949; will be sub- Turkish trade agreement Provid-

ed for an exchange of › @,18,780,-) Norway's negotintas is Mfense Miron, which included the feet to rent

000, worth of goods-Associated Schjeve, hot Mistater to India, ibirector of the Economie Arroirs

All claims against the stea- Press. The countries sim at a per-Deatument, Mr. . E. Van Hooge manent pact to replace the six-staten, and the Director of the mer must be presented do the or..:before month agreement guiried by the Fatherlands Indonesian Foreign Undersigned on Braathens SAFE Air Compris Exchange Institute, had gone to August 22, 1949, or they will #1 Norwny to fröble: its planes HOTARU to Inform the Dutch not be recognised.

as Bombay and; Calcutta Govereníam by the financial and

"on the"

Reuter

SHIP MOVENT

Ship

MANIIA::

con

alumini

No fire insurance will be sqlibri--with -- the round-table | effected

M

DODWELL & CO., LTD. Agenti: Hong-Kong, August 10; 1940.

dan

NY COTTON

New York, Augint, 11.. Colton futuros were standy, on trade buying and short-cover- .cloxed 45 to 80 cents: ing futures.

a bale: higher.

October-2989-99.

December 29.80.

March 29:84

May 2014.0

July 29,19

bid.

October 27.33.254.200

Middling Wipes 22:50 Hon

pelated @Press.

RESID

The Global Fleet

TO HONOLULU AND SAN FRANCISCO via JAPAN

"President Cleveland. Arr. Aug. 28 Sail ...... Aug. 29 "President Wlison"

Arr. ................. Sept. 18 ·Bail ...... Bept, 19 TO SAN FRANCISCO AND LOS ANGELES

via JAPAN

Arr.

"President Madison"...... Arr. Яur. 13 Sall

............. Aug. 14 "President Plerce

Sept. G Bail Sep.. 7 TO NEW YORK, BALTIMORE & BOSTON via PACIFIC COAST & PANAMA

"President Tylet"

"President Grant"

Art.

Arr.

Sept. C Hail Rept. *

Oct. 4. Sally Oct, ROUND THE WORLD"

- VIA MANILA, SINGALORE, COLOMBO, KARACHI, SUEX PORT SAID, ALEXANDRIA, NAPLES, MARSFILLES,

“QËNUT, NEW YORK and BOSTON.

"President Buchanan” *Arr. Aug. 16 -Ball. "President Harding" ...... Arr. ~..... Aur~10~8all

TO SOERÁBAJA, BATAVIA & SOENGEI-GERONG

Aug. 17

Aug. 20

"President Grant”, ........................... Art. ................. Agg. 26. Ball...... Aug. "President Johnson” .... Arr...... Sept. 24 Sall....... Sept. 21

Opposite Star Ferry.

Tel. 28172/3.

津

BEN LINE

SHIP

AND

The

ARRIVALS

FROM

Japan

"BENDORAN". "BENORUACHAN" UK. (Direct)

•"BENALBANACH” ..U.K. vin Singapore. "BENNEVIS"

→ do

"BENMACDHU

"BENAVON"

*"BENWYVIS" "BENLEDI" "BENVENUE"

SHIP

{"BENREOCIP" ""BENCRUACHAN"

"BENMACDHUI" "BENAIBANACII"

DENNEVIS" "BENIÆDI”.

"BENVENUE"

"BENDORAN" '"BENCLEUCII"

"BENAVON"

T

DUE

13th August.

20th Anjust.

End August.

Early Sept.

do

1st half Sept.

do

1st half Oct.

- do m

do

2nd halt Oct.

do

SAILINGS

To

Lendon, Antwerp, -Roiterdam, flam-

bars & Hull

Liverpool, Glasgow,

Dublin Havre.

End Octuber,

LOADINA

23rd Augtist, End August. 1st half Sept. 2nd half Sept.

Late Sept. Late Oct.

A

14th August.

31st August.

{ Antwerp; Rotterdam Mid Oct,

& Hamburg..

via Malaya, Colonibo, Aden, Port Badan and other way ports.

• Accepts cargo for Japan.

Omits Hamburg, calls at Genoa & Leith.

Colls at Dur-es-Salaam.

Omits Hamburg, calls at Leith.

For Further Particulars, Apply To-

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

York Building.

Agents

Telephone: 24155.

THE EAST ASIATIC CO., LTD.

OF COPENHAGEN.

M.S. "MONGOLIA"

LOADING ABOUT 18th AUGUST

for

ADEN, PORT SAID, GENOA, ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG

AND COPENHAGEN, Tanks available for the carriage of oil in bulk.

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

Tel. 34111 & 34112.

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days.Thence San Francisco, Vancouver, Seattle & Portland M.S. BOUGAINVILLE ................ Loading 29th Aug,

ARRIVALS FROM PACIFIC COAST ........

21st Aug. M.S. "SUNNYVILLE”

21st Sept. M.S. "FRANCISVILLE”,

Sailing to Singapore, Part Swettenham

-Pertany, Belawa

M.S. "SUNNYVILLE”

Passenger Au

Chinese Freight

HOO FOOK PING

King's, Balidijade:

tuvia

22nd Aug,

(CHINA) LTD.

BANK LINENCCHING