1949-09-06 — Page 12

ROYAL

INTEROCEAN

THE CHINA MAIL, TUESDAY, SEPTEMBER 8, 1949,

FINANCE AND COMMERCE

LINES WORLD BANK LOAN FOR ECONOMIC

JAVA PORTS and MACASSAR

"TJIBABAK"

"TJISADANE”

"TJITJALENGKA"

SAILINGS

.15th Sept.

..13th Oct.

MANILA

"TASMAN"

"TJIBADAK"

"TJIBADAK"

"THPONDOK”*

"STRAAT MALAKKA

"STRAAT SOENDA"

"THSABANE"

"BOISSEVAIN"

SAILINGS

0th Sept. 8th Sept. 15th Sept.

15th Sept.

22nd Sept

7th Oct.

5th Nov.

.30th Nov.

no passenger accommodation.

ARRIVALS

In Port

18th Sept. 30th Sept.

ARRIVALS

- 12th Sept.

14th Sept.

23rd Sept.

18th Oct.

་

SINGAPORE, PENANG añď ̃BELAWAN DELI

"VAN HEUTSZ"

"VÄN RIEMISDIJK"

SAILINGS

21st Sept. 8th Oct.

EAST & SOUTH AFRICA & SOUTH

"STRAAT MALAKKA”

“TJIPONDOK":

"TJSADANE

"BOISSEVAIN"

"STRAAT SUENDA"

SAILINGS

ARRIVALS

12th Sept. 29th Sept.

AMERICA.

ARRIVALS

15th Sept.

22nd Sept.

25th Nov.

7th Oct.

5th Nov.

23rd Sept.

30th Nov.

18th Oct.

Calling at Mombasa & L. Marques Direct. Transhipment enrgo accepted on through Bs./L to

Dar-Es-Salmum and Zanzibar,

!:

no passenger accommodation. hot cathing South America.

JAPAN

"STRAAT MALAKKA"

TIPONDOK ̈*

"BOISSEVAIN"

"STRAAT SOENDA'

SAILINGS

ARRIVALS

In Port

24th Sept. 20th Oct.

4th Oct.

29th Oct

no passenger accommodation.

13th Sept.

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

"RIJNKERK"

"MARIEKERK"

"MOLENKERK"

SAILINGS

ARRIVALS

8th Sept. .End Sept. End Oct.

7th Sept.

9th Sept.

Early Oct.

Transhipment cargo nerepted on through Bs./1. to India, Mediterranean and Northern European ports.

"TLIJNKERK”

"MARIEKERK'

JAPAN

SAILINGS

ARRIVALS

14th Sept.

7th Sept.

End Sept.

KING'S BUILDING: TELS: 28015 to 28017 CHINESE Aaghts: 82. ConnauOHT RD. C. TELS: 31196-25133

DE LA RAMA

RAMA LINES

ARRIVING FROM US. ATLANTIC COAST.

VIA LOS ANGELES '& SAN FRANCISCO

m.v. "BENARES"

. "DONA AURORA"

... 15th. Sept.

Mid Oct.

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated in the Philippines)

MARINA HOUSE Tels, 23670-22675

CHINESE SHIPPING OFFICE Tels. 23738-20153

THE SWEDISH EAST ASIA CO., LTD.

M.V. "BENARES"

LOADING 15th SEPTEMBER

FOR

ADEN, PORT SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP, KOTTERDAM,

(AMSTERDAM), HAMBURG, COPENHAGEN, OSLO AND GOTHENBURG.

TWO DEEPTANKS OIL CAPACITY,

430 TONS EACH

GILMAN & CO., LTD.

Tel. 31145

HONGKONG/MACAO

DAILY SAILING

M.V. “HONGKONG”

From Hongkong

From Macao

Cabin...:

Saloon

5 P.M. Tung On Wharf 10 A.M. No. 14 Wharf

$10 2nd Class $ 8 Stécrago

Passenger Tickets Obtatheble (before suiting time)

• at Tung On Wharf; “

TITO ALMOST CERTAIN

Hong Kong Stock Exchange

The strength observable at the end of last week, was more than maintained yesterday. Quotations All round have advanced accom- panied by a dearth of available scrip. H.X. (03T, LOANH

1 Jann,

20% Davis (2934 & 1946) 1996. Jean (198A), 1994).

DANKH

IK,, Hank 140, 1405mm.

H.K. & H. ank) (Ťam, Regi £89. Chartered Bank Ki15/16,

Mernutile Bk. A. & £2.

Bank of East Asia 11ên. INSURANCES

f'Anton 19%, job,

Uk Ine, daub,

Chu, Buderwriters ålan,

H.. Fire Ins, 2106. SHIPPING

Doklerken 30ru.

H., & M. Rambouts 17165. Ind Chine ilref.) M

indo Chluha (Dr.) 200.

Shell tenteri 25/20.

11. Whitmte 23.

Al Nast

DOCKS, WHARVES, GODOWNS, ETC,

iK, K. Wharves 144, 12.

North Pulnt Wherres dh

b. Bourke Whaeres 147. H.K. D 13b, 17.80, 17. Chino Provets 16, 17. S'hal Dockyarda 75%.

13 beulocks 27.

MINING

Rob Mi

494 M.

11. Miben 2017. LANDS, HOTELS & BUNGA,

3811 10, 15.99, 15.5, H.K. and $57, b.

B's Lands 1.905. 25,

Humphrey g

H.K. Rul.

China Estates Lein. PUBLIC UTILITIER.

H.K. Tranwar X.D. 16 10, 10am. J'enk Trnth by

(New) 100.

itor Ferries 107a.

C. Ighted

# 11.31. 11.00%, 14.99/11 54 am. (New 8.106, 1.75; 1.70%.

K. Eletries

X.D.

905, b

Macao Electrics 2018.

Sandakan Light Mn,

Telephones 19.

Shanghai Gum 21.

INDUSTRIALS.

Cald. Maer. (Ord. 25.00n,

Carton Jer 70.

Vements irb.

K. Roper 12.

STORES. Etc.

Dairy Farms 31, 37-0.

Watsons 421, 42ka.

L. Crawford 201ýn,

Huertos 4lgn.

China" Emporium Rm. Bon C. Ltd. n.

Kwong Sanz Hong X.D. 1020,

Wins On. (HK). 7591.

Wen, Powell, Luk lan. MISCELLANEOUS.

Chlon Entertainments 14t

R.K. Constructions (ott) 2.30m.

(New) In.

Vibro Plífuga 171ga. Martin Invesìmenta 2/-n. Maran H.K. n.

Shanghal in 1.80m.

Yanktones 3.

COTTONS,

Ewo 4.40b, 4.900, 45um. RUBBER, Etc.. COMPANIES,

Alma Entries län. Anglo-Dutch on.

Anglo-favas In-

Batu Anama „478. Bute Plantatious 25. Chemor United 40m. Cheng Hubbers 20. Commlidated Habbers In. Dominion Rubbers 10, Lanckats 10.

Repah Rabbere,300. Rubber Trusla Jn. Smeg Tubbsén 951. Berambu Rubbers 15, Shanghat Ketahu in, Khanghai-Melayu 12h. Shanghai Bumitras 80. Sungei Burke 18. Tinah Merahta #Dr. Tebang Rubbers .40n. Zingbe Rubbers tu.

Money

Market

US dollars opened yesterday at HK$5.00%, dropped to $5.91, and cloned at $5.92.

IT was put through ät HK$5.95 and $6.945.

Sterling was unchanged at HK $15.50.

Australian pounds opened at HK$12.15 and closed at $12.20. Plastres oponed at. HK$12.45 100 but dropped to $12.27% at the icals dropped to HK$20.80 a 100.

NEI Guilders opened at HE $27.70 100, and closed at $27.

MORE TRAINS FOR BERLIN.

Belgrade, September 4. Marshal Tito yesterday received three members of

the World Bank Commissión.

The Commission's decision on Yugoslavia's bid for

loans totalling US$250,000,000 may mean life or death to the Government in its fight with Russia.

A brief announcement sald only that Tito soW A. S. G. Hoar, former Bank of England oficial who is now Assistani Loan Direc- tor for the International Bank for Reconstruction and Development; S. R. Cope, the Bank's loan officer: and Martin lesen. Bank econom

ist.

The first two ofetals are Bri- tons and Mr. Rosen Is American,

I was learned tonight that the Interview was sought by the Baisk group and Marshal Tito made u favourable impression on the Bank fact-Anders.

Finnish, Indian Agreement

SURVEY OF EAST

Lausanne, September 5. Mr. Rrouben Shiloh, Joint leader of the Israell delegation at the United Nations Palestine Con- cillation Conference here, today told the Conciliatiori Commission thay, Israel will co-operate to the most in the work of the United Nations economic survey group for the Middle East.

But there is no question of J tad binding herself in advance

accepting

to

The

survey group's conclusions, he added. The Is- rael delegation gave its written approval of the group.

group

The economic survey

tour the Middle East

will

110 record économie develop..

Paris, September 5. Instruments of ratification of ment projects which might be the Arab Stoles a trade

agreement between surried out in

With United Nations funds ત di Arab To Finland and India were ex-{];Elp re-settle thousa

changed here today between

refugees from Sir Baghavan Pillol, India's The four Arab delegations a

It was understood that made it clear he did not want a hand-out but only those credits

which the Bank and ho lell cer- chief Trade Commissioner in the ence, gave their writ

ian could be repaid by Yugo-

lavja.

Europe, and Dr. Johan Helo, ten.

for the group, last Tilo

week. have im- Finnish Minister in France. reported to

It is understool, how- Comunission pressed the three

This ratifies the trade agree ever; that the Arab States nign

in New Delhi on outlined the territorial "compen members with his knowledge of ment signed the general tonn problem, although May by Mr. C. Despi, Secretary sation" they will claim in addi of the Indian Ministry of Con- tion to United Nations economi no details were discussed.

merce, and Mr. Eric Ahldist, re- aid in re-settling the Palesting presenting the Faith GoverŢI-

refugees. ment.

Maximum Sum

The Bank group, which arrived, here three weeks ago, is known to be pleased with the co-opera- tion of the Yugoslav Government which has given it full access to all Information requested..

Although this made on excellent Impression, it will have no bear- ing on the granting of the loan. Reliable reports say the Bank will give Yugoslavia a maxi. mum of US$50,500,000 and that no concrete results would show in Yugoslavia from any credit

granted beford 1950.

Tentative Priority Because the Yugoslav economy in hinged on sucli dire need of machinery, it is believed that the Russions chose this crucial time tp frighten the Directors of the World Bank into believing Tito I would be a poor risk.

Present

were Mr. Koday's ceremony economic adviser to the

Indian Trade Mission, Mr. A. G. Vizir Commerical Secretary to the Mission, Mr. Ralph Enckell, First Secretary of the Finnish Liga- tion, and Mr. K. Dust Finnish

Consul-General.

Jus

It is belleved that they wil demand Eastern and Western Ga- lilee and the Negev, nearly al of which is now Isrhell-hold. The Israeli delegation today made n

uply to these Arab hints,

An Israeli spokesman said that hotineation of the Arab demands. official delegation had no

The. Araba, ari. Jeppardiaing ngreement provides for

the recently good

ood atmosphere bethging of the Conference by the export from India to Finland

ishellac, of tobacco, spices, lite goods, tén,

Up territorial claims before the coffee.

colr yam and

even begyn group manufactures, gritout and dil, custor oil, linseed, and other

he commented. vegetable and essential oils, cot- The spokesman added that the ton thread and various chemical development of the Arab States

been in the Israel products and drugs.

always

ing

The

including turbines, generators and motors, various kinds of new print and paper, railway sleepers, bobbins and birch for manufac turing bebbins-Reuter.

Finland will export to India View cardinal point in solvin paper, wood pulp and pulp-mak-the, refuges and frontier problems

machinery, wood-working of the Holy Land. and plywood-making machinery. The Commission's, secretary The Dank group has given ten-boiler plant, electric equipment will move to Jerusalem to keep tative priority in the following

the survey group and the Com order to

and

mission members in contact, The improvements developments of Yugoslavia:

group's chairman Is Mr. Gordan Clapp, Chairman of the Tënner- ogriculture, mining, forestry, elec- tricity and transport.

Valley Authority. Thus fur in their stay here they have visited many Yugoslav eb- world- terprises, including the famous Bor copper mines and thei Tropena coul and lead workings

the Albanian frontier. United Press.

near

Bank Strike In Italy

Rome, September 4.

aniona Italian bank workers' today called a strike in Rome Naples and Florence banks begin- ning tomorrow.

The move follows partial bank strikes in these cities during the past week to protest against an extension of the banking hours beyond the afternoon. Most bank workers have had other jobs from noon onwards.

Bank officials say that business: will be almost as usual tomorrow,

Milan trade unions are can- sidering a one-hour strike us e gesture of solidarity.

The threatened telephone work-

ers country-wide strike was call: ed of today after att agreement with the employers on's wago rise-Reuter.

AUSSIE TRADE WITH INDIA

I

New Delhi, September 5. Australia and India have agreed to exchange commodities, the In- dian Government announced.

It said Australia is supplying 530 tons of butter. G80 tons of cheese; 3,000 tons of lead, 5,000 tons of zinc, as well as processed milk and capital goods.

India is supplying 100,000 toris of jute goods, 10,000 tons of man ganese, and cotton textiles, in scod and lineseed oil, castor seed and

coal.

Each will pay cash for pur chases--Associated Press.

NOTICE

TO WHOM IT MAY CONCERN

8.S. "BENNEVIS”,

P

Due Hong Kong 6th September, 1949.

Notice is hereby given that owing to lack of godown space Berlin, September 4.- The Soviet-controlled Hallway all paper and board, consign- Administration today annouheed ments arriving by the aboya that 10 passenger trains instead vessel will be discharged over of the current wos will be the side to consignees fighters in tarvice between Berlin and the mediately on arrival of the Western Zones of Germany be- vebast, and consignees are re ginning next Saturday 31s

boudied to make arrangements The new mbakuFS

the number of Allied accordingly, i

For Passinger Tickets Reservation And Freight Pange kuning (running between w. B. LOXLEY & CO.,

· Please Apply to:-

TAK KEE SHIPPING & TRADING CO., LTD.

136, Connaught Road Central

Tela;":22338, 27091.

Berlin wid the Wan one of the DAMMER (CHINA) LTD. trains will beINS

cheforenlys wie imáde, the NHEN LINK STEAMERE UIT

The Week On Wall Street

F

New York, September 5.

A two-work decline in the stock

SUC

The Commission is expected to continue its

its work in Lausantie until about September 15 or 20. during which it will considor tie unblocking of Arab and Jewish "frozen" assets among other pron- lems.--Reuter.

market was checked this week. SHIP MOVEMENTS

The period of decilbe; however, lowered the market value of all stocks listed on the exchange by around US$1,600,000,000.

The financial district was sur

San Francisco, September 4. Ship from Mantia.

arrivals: Luxembourg

Ship departures: Yancey for on Thursday by a brisk Fear Harbour, President Taft for prised advance. Active tracting all Manito, Sergeant Archer T. Gam- stocks led the snappy advance mon for Yokohama.--Associated The rise was notable not only for Press. its timing in relation to Labour Day, but because a showdown is approaching on two side which might have profound effect on stock prices.

One worry is the question of higher wages in the steel industry.

other is how to halance Britain's international trade. The outcome of the Washington con- ference next week might fostls the earning capacity of many U. S. business.Ansociated Press

MALAYAN

MINES

Notice To Consignees

From JAPAN :

Consignees per ship

5.8. "TAIREA"

are hereby notified that their cargo will be discharged into the Hongkong & Kowloon Wharf & Godown Co., Ltd,, where it will-lle at consignées risks and expense and, subject Kuala Lumpur, September.5. 19. terms and conditions of The Malayan mining production, storage of the Hongkong & showed an increase during the Kewidon Wharf & Godown second quarter of 1949. Tin ore Co., Ltd. The cargo is expect- production th April, May and ed to be ready for delivery Juhe was 18,208 tons, compared from the Godown on and after with 17,021 tons for the first

September 6, 1949.

quarter.

Coal production increased from

Cargo is considered as being 68,470 to 103.840 tons in the same accepted in good order and period. The production of a condition by consignees, unless gold increased for 2,523 tro broken, chafed and, damaged ounced to 2,965-Associated Press packages are left in the Go-

down for subsequent examina- Notice To Consigneettion by Messrs. Goddard &

M.V. “CALCHAS” Damaged cargo ox this, vessel will be surveyed at Holt's Wharf between 10 am. and noon on September 5 and 8, 1949, and consignees are re- quested to have their represen- tatives Propent during the mir Trong

BUTTERFIELD & SWIRE, Agents.

Hong Kong, Sept. 5, 1949.

Notice To Consignees

Douglas in the presence of con- signees, at 10 a.m. on Septer- ber 8 and 12, 1948.

#

To comply with the General Bonded Warehouse Regulation, consignees must have Revenue Oficer in attendance when dutiable goods are examined. 77*

AIT damaged cargo claims against the steamer must be presented to the undersigned on or before,, September: 27, 1949, or they will not be re- cognised.

No fire insurance. Will be effected.

1.1.- ""TYDKUS”

No claims will be admitted after the goods, have been taken Damaged Cargo Ly this vessel dal very of ex ship's, side br will be surveyed by Messt alternatively ex the Hong, Goddard & Douglas at Holt's kong & Kowloon What: & what traff 10 am, on Sep: Godown Co Premises (mlesa tember 17" and -8, 1849"-and a joint, survey. Has brevibusly copulamines are, reagoiled to Been affectedi havn their representatives prèi |

PMACKINNO sent during the antenay Sar

BUTTE

1949. Hong

AMERICAN- PRESIDENT LINES

The Global Plent

TO HONOLULU & SAN FRANCISCO

"General Gordon"

"President Wilson"

"resident Cloveland"

via JAPAN

..Arr. Sept. 20

Sall Sopt. 21

Sall Sept. 21

..Arr. Sept. 20

..E.. Arr. Oct. 15 Sall Oct. 10

·TO SAN FRANCISCO & LOS ANGELES vio JAPAN

"President Plerco" "President McKinley'

Arr. Sept. G

Sall Sept. ...Arr. Sept. 25 Snil Sept. 2

TO NEW YORK, BALTIMORE & BOSTON vid PACIFIC COAST & PANAMA

"President Tyler" "President Grant"

Arr. Sept. G Sall Sept. **wwArt: - Oct. 4 Sail Oct: ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ

PORT SAID, ALEXANDRIA, NAPLES, MARSEILLES, GENOA, NEW YORK nud BOSTON

"President Van Buren" ...... Art. Sept. 9 Sail Sopl. I "President Jefferson" ........ Arr. Sept. 18 Sull Sept. 2

TO JAVA & STRAITS

Arr. Sept. 23 Sall Sept. 2

Tel. 28172/5.

"Marine Suppper"

Opposite Star Ferry

BEN LINE

ARRIVALS

FROM

SHIP *"BENNEVIS"

"BENCLEUCH” Japan "BENALBANACHI" "BENAVON” **BENWYVIS”

"BENLEDI" "DENVENUE" "BENARTY" "BENLAWERS" "BENRINNES"

sme "BENALBANACH”

RENAVON" BENLEDI" *BENVENUE" "DENLAWERS"

"BENCLEUCH”* "BENNEVIS" "BENWYVIS" "DENARTY"

“BENRINNES”.

DUE

7th Sept. 7th Sept.

U.K. vin Singapore.

-do

10th Sept.

U.K. via Singapore

10th Oct.

-do-

20th Oct..

-do-

2nd half Oci.

-do-

Mid Nov.

-do-

2nd half Nov.

-đơ

SAILINGS

End Nov.

TO

London,, Antwerp, Rotterdam, Ham- burg & Huff

End Oct.

LOADING

Abt. 10th Sept. 15th Oct. Lato Oct. Late Oct./Early No

2nd half Nov.

8th Sept. 29th Sept.. Mid. Nov. 2nd half, Dec.

Liverpool, Glasgow, Dublin, Havre,

Hotter Antwerp, dam & Hamburg.

Genoa, London, Hull & Leith

End Nov./Early Dec

via Malaya, Colombo, Aden, Port Sudan & other way peri

* Accepts cargo for Japan.

$ Accepts cargo for Dar-es-Salaam and Mombassa.

Omits Hamburg, calls at Genoa..

Omits Hamburg, calls at Leith..

For Further Particulars, Apply To-

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

Telephone: 34165

THE EAST ASIATIC CO., LTD.

M.S. "MORELIA"

LOADING ABOUT 5th OCTOBER for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, HAMBUR

OSLO, GOTHENBURG & COPENHAGEN Tanks available for, the carriagé of oil in bulk.

FOR PACIFIC COAST

1.3. "NIKOBAR” 63; "BERAMPORE"

.loading 21st Se 20th Oc

THE EAST ASIATIC CO., LTD,

Queen's Bldg., 2nd Apor,

Tel. 84111 & 84112

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S. “BOUGAINVILLE” Looding 4th Saj

ARRIVALS FROM PACIFIC COAST M.S. “FRANCISVILLE” MES

CASTLEVILLE”

21st Sep 21st Od

Sailing to Singapore, Port Swettenham, Panang, Belawan & Batavia

M.9. "FRANCISVILLE”

NY

Tämanger Ásdommodation

Chinais Freight Agents, HOO FOOK PING

ding

STIBE

THE B