1949-09-15 — Page 14

ROYAL

INTEROCEAN

LINES

JAVA PORTS and MACASSAR

SAILINGS ARRIVALS

*TJIBADAK”

15th Sept.

"TJISADANE'

a

17th Sept.

"TJITJALENGKA”

- 1st Oct.

30th Sept.

MANILA

SMILINGS

.15th Sept.

15th Sept." 22nd Sept. 7th Oct. 5th Nov. 30th Nov.

ARRIVALS

25th Sept. 18th Oct.

"TJIBADAK"

"THPONDOK**

"TJISADANE”

"STRAAT MALAKKA”

"STRAAT SOENDA”

"BOISSEVAIN”

* no passenger accommodation.

SINGAPORE, PENANG and BELAWAN DELI

"VAN HEUTSZ"

"VAN RIEMSDIJK”

"VAN HEUTSZ”

ARRIVALS

SAILINGS

19th Sept.

3rd Oct.

29th Sept. 13th Oct.

19th Oct.

EAST & SOUTH AFRICA & SOUTH AMERICA

ARRIVALS

SAILINGS

"TIPONDOK**

13th Sept.

"THISADANE****

22nd Sept.

"STRAAT MALAKKA”

7th Oct.

5th Nov.

30th Nov.

27th Sept. 18th Oct.

"BOISSEVAIN"

"STRAAT SOENDA"

no passenger aceonumonation

** not proceeding beyond South Africa. Calling at Mombasa & L. Marques Dircet. Transhipment cargo accepted on through Be/L to

Dar-Es-Salaam and Zanzibar.

"TIMENTENG

"STRAAT MALAKKA“

"BOISSEVAIN”

"STRAAT SOENDA

EXPERTS SAY:

THE CHINA MAIL THURSDAY, SEPTEMBER 15, 1949.

JAPAN CAN'T REPAY

OBLIGATIONS

BOND

Hong Kong Stock Exchange

Tokyo, September 13,

New York Stock Exchange

New York, September 14. Japan will not be able to begin redemption of its A US$1,000,000,000 rally in the stock markel on Tuesday was foreign debts or even pay the interests accrued Wall Street's response to 'the on these since the beginning of the Pacific war, trudo between labour And Talk of such payments, which touched off an ad-rement in the sleof industry

Individual frasies advanced vance of Japanese bonds on the London mar- from a few cents to more than US$2 a share with some leaders ket, was 'apparently either just talk or very ing as much as US$3. Volume long-range propaganda and is totally impos of trading was around (1,700,000 shares, one of the best days of sible to carry out now, according to financial

Gold shares turned here. experts

Proposals made 1 Japan, has outstanding foreign 002,000 are corporation

bonds, lightly.

for Washington and elsewhere uantity at 101 and H.K: Banke currency band obligations totalling £8,500,000 in municipal bondselsing the price of gold, have-

about US$300,000,000 and owes and £51,500,000 in national gov been received with coolness, have appreciated to $1,500 bust-about $125,000,000 back interest on ernment bonds.

Stocks with the best gains in- ness clone.

these bands to their forelgn hold- On the total of $07.62,000 included U. S. Steel, Bethlehem, ers, principally British and Ameri-outstanding collar Linds. $33.- Southern Pacile, Standard Oll of 090.000 are in corporation honds. New Jersey, Kinnecott Copper, Mr. S. T. Baron, acting chief $6,300,000 in municipals and $21,- Du Pont, General Motors, Johns of the Public Finance branch of

A steady Market. Government Loon (1948) changed hands in

Π.Κ. ΠΟΥΤ. LAN Jaun 100h,

anal teen 1925 & 1940) TOOL. 394 Loan (1948) 100b, 101k,

BANKE

cana.

1.K. & N. Hank 14596, (bas. 100/1500m, SCAF, vald Japan has no dollars 400,000 in national government

bonds-United Press,

(Lam. New) ANTON Chartered Bank £10 7/10. Mercantile Bank A, ♪ lì. £}a. Dunk of East Asia 114m.

INSURANCEB

Cable 104. JEG, (intum Inc. GOD.

China Underwriters in. 1., Fire Love, 21kh

SHIFTING

Donnylaws 2000,

H.K. & M. Bleamboats 14. Turla Ghinna (Pref) 89n,

(DC.) 2004. Mela (Heart) €9/4*4*. Delon Waterbomia 101. Aata Nav, Atu.

DOCKS, WHARVES, GODOWŊB, Ele.

K. & K. Wherves 17kw, 176aa

Berik Pelt Wharera 4.16. Changhat Hongkew Wharees Idan. F.K, Dork 1.

Chinn Providena 11.295. Shnorhat Korkyarda 79an, Wherlocks 27.

JAPAN

SAILINGS

ARRIVALS

16th Sept 22nd Sept. 28th Sept. 20th Oct.

St. Ort.

19th Oct.

Road Mines 4411.

20th Oct.

⚫ no passenger accommodation.

Agents: HOLLAND-EAST ASIA LINE EUROPE viɑ MANILA and MALAYA

"MARIEKERK"

"MOLENKERK"

SAILINGS

„End Sept. End Oct.

MINING

B.K. Hines $1ým.

LANDA, HOTELS & BLDGR.

15. & 4. Hotela 10.228, 10.40%, 10.20xa.

H.K. and 155b, 66am.

Shanghul Lands 20.

Humphreys 101ận.

ARRIVALS

Chi

In Port

Early Oct.

Transhipment cargo accepted on through Bs./L to India,

Mediterranean and Northern European ports.

JAPAN

SAILINGS

ARRIVALS

. Early Oct.

End Sept. End Oct.

TELS: 28015 10 28017

"MARIEKERK”

“MOLENKENK”

KING'S BUILDING:

CHINIST AGEnts. 82. Connect Rs. C. TELs 31196-25133

DE LA RAMA LINES

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

m.y. "BENARES"

$.3. "DONA AURORA'

..16th Sept. .Mid Oct.

SAILING FOR C.S. ATLANTIC COAST VIA LOS ANGELES

my. "HALLAND"

AS "DONA AURORA"

K. Hrastie 20.

Etutes 161n. PUBLIC UTILITIES II.K. Tramways 16754. Jeak Frame (d) 18m.

(New) 10.

Bike Perries 1056.

C. Lights (0%) 11.205, 11.30pm.

(New) A.20b. 8.60s. 8.30.com 13,K. Eletrp 30 tiêu, đảo liên

Maras Electric 201ĝo.

Santakno kahte n

Take podemos o 19, 25. Shanghal Gas *g

INDUSTRIALS

Cold, Marg, 199ed.) 25,600, Contuai few in.

Comente (9%), 10104.

H.K. Bop 11,50h.

STORES. Etc.

Dairy Farms 376, 39, 37/311;a. Vinterns 4944b. 42, 41su,

1. Crawford 771.

Bluerres 41E0.

Chim Emporium 8o.

Sun u. Ltd. In.

Anime Bank In 192,

Wing On (HK) 758.

W. Powell, Lad. 'n.

MISCELLANEOUS

Chine Entertainments 15lin. H.K. Constructions (018) 25.

(New) 2.

Vibru Pilings 18tym, Marszals Investments 0/-u. Maraman K., Ra. Shanthal Loan 1.80. Yangtones In

17th Sept. .Mid Oct.

Ew 41,

THE DE LA RAMA STeamship Co., INC.

(Incorporated in the Philippines)

MARINA HOUSE

Tels. 20676—22675

CHINESE SHIPPING OFFICE Tel. 23738-20153

THE SWEDISH EAST ASIA CO., LTD.

M.V. "BENARES"

SAILING 16 SEPTEMBER

FOR

ADEN, POET SAID, GENOA, MARSEILLES, CASABLANCA, ANTWERP. ROTTERDAM (AMSTERDAM), HAMBURG, COPENHAGEN, OSLO & GOTHENBURG

TWO DEEPTANES OIL CAPACITY

430 TONS EACH

GILMAN & CO., LTD.

Tel. 31148.

ISBRANDTSEN

Isbrandtsen Company, Inc.

26 Broadway,

New York, NY.

FAR EAST *. STRAITS * INDIA. • PERSIAN CULP • MEDITERRANEAN

UK. A^ CONTINENT •

·INDIES ↑ 8. AMERICA SIZAMOSHIP DIVISION

1. “FLYING TRADER"

FROM

Minulla

Due Sept. 19

P. PATTISON

SAILS FOR

Pusan, Japan,

San Francisco --

via Ponama,

& New York

Sept. 20.

co.

GENERAL, AGINTS: CHINA, FORMOSA, KOREA, JAPAN &

HONGKONG

IZ-14, QUEEN'S ROAD CENTRAL, 4th floor, TEL: 25340

Chineno "Agents: --LAM KEE SHIPPING CÒ 29 Connaught Ford, C. Tel. 24689.

COTTONI

RUDDER, Etc. COMPANIES Alms Estairs 142. Angio-Dutch 3.

Augimdavon in

Bulu Anamadun.

Bute Puratationes 20. Themere Wallet dön. Cheng Rubbers

20n.

Consolidated Rubbers Ta.

Dominion Rubbers 18, Inngkate th.

Repak Rabbers .800. Rubles Trusia Ja. Hamygaan Rubbers 11. Semumbu Rubbera „20p. Shanghai Kedaba Ju,

Nhng hal-Malayı 121. Shanghal Kumairas Ib. Sungel Durla 43ýn.

*

Tonah Merahs „Sen, Tebing Bubbers · 407. Kanely Rubbers 15

WOOL SALES IN MELBOURNE Melborne, September 13, At the woo), salez here today average lines of merinos," which formed the bulk of entalogues, fully held the five to 10 par cent

recorded

Blit on

drop

Continued inquiry on Russian buyers xidod

or pounds sterling to devote to Dayment of interests or the redemption of bonds now duc. Despite Premier Yoshida's cast apervises about plans to re- pay Japan's foreign and maintain The nation's

re-

obligations

re-

putation as a good credit risk.

there is nothing the Japanese can do about it now, he saith

They simply do not have the Jollam dy punds.

"There is praetteally no chance that this leadquarters or (the

U.S.) Congress will allow them Įto 'use foreign exchange generated by export trade since this would meart Increasing demanda Congressional appropriations

pay

fot

North China Coal For The Yangtse

The

San Francisco,

Beptember 13. Communist Pelping Radio sald tonight that coul mines North of the Yangtas River had supplied 500,000 tons of coal to Yangtes towns

from Hankow to stretching Shanghal between mid-May

2nd August 20. Le

for essential "Imports by Japan." Mr. Baron said

Exchange Board

General Douging MacArthur directly controls Japan's foreign exchange accounts and the Unit- ed States Congress indirectly has a voice in their use since Oc cupation Headquarters must show that Japan has no money to pay for additionally required food

Imports and raw material order to get Congressional aid appropriation

i

MacArthur has direct-

eventually

A total of 240,000 tons of

this

the year.

Manville and Pilico Radio-

down

Dow Jones Closing "Averages: Stocks 65.47. 20 Industrials 103.- 29. 15 Ralls 47.25, 19 Vulpes 37.90.

Closing Quotations: Adams Express 20% Aluska Juneđu 3li American Can 94% American Smelting 48 American Telephone 143% American Tobacco 72% American Waterworks-741⁄2 Anaconda Copper“ 277* Aviation Corp, 5% Baldwin Locomotive 974 Barnsdall 50

Bendix Aviation 30 Bethlehem Steel 20% Boeing Aircraft 20 Borden Co, 44%

Canadian Pacific 141⁄2

1. Cuse 39

J. 1. cost reached Shanghai

alone, the Radio said.

It also reported that Man- churia le now producing high quality Portland cement suit- able for the building of rail- way bridges, hydro-electric power stations and other por- manánt engineering “works.--- Router.

Money

Market

The US dollar improved yes

ed the Government to set up a terday. Opening at HK$5.62 it foreign exchange control board went up to $5.63%. In the after- which

will

get noon it dropped again to $5.39, authority now held by SCAP to closing at a cent higher. authorise the use of Japan's loreign

exelubage.

TT was put through HK$5.58 and $5.60,

between

Sterling dropping HK$15.20 and Australian pounds to IIKŞ- 12.20.

Plastres CX-

Best Informed sources said, however, that this board wil not be absolutely free to wpand

limited foreign Japan's change so long as the country

dependent on heavy Amer Scan dollar ald,

The American position is un- derstood to be that

sacrifice of some essential imports in favour br paying off

off external debts would not be Justified by the resulting improvement of Japan's ability to attract now foreign capital investment.

|

were

unchanged at

HK$12.50 a 100.

Ticals at HK$26.50 a 100 were unchanged,

NEI Guliders dropped to HK$- 25.20 a 100 ofter opening ut $25.60.

OIL FOR HAIFA

Haifa,September 13, Tankers with crude oil from Venezuela to re-start the Haifa

"Bankrupt Country" efineries, which have been closed

18 on

British mandate self-ince the "Until Japan

the American Palestine ended in May, 1940, are supporting basis, investment market will consitier expected here by September 25

at the latest this country bankrupt, no matter

The tankers are coming how much Japan exerts itself to way of Gibraltar. Mr. J. W. Dix. off its foreign debts," Mr.inanager of the refineries, left

pay

Baron said.

by

yesterday by air fok pondón.--| Current interest in Japanese Reuter. bonds in London is apparently based on a belief that Japan will have sterling exchange or call make some arrangements for meeling its obligations In the

near future.

LONDON STOCKS

Chrysler 3314

Colgate 38%

Commercial Solvents 10% Com Products 03%

Du Pont $3/2

Eusiman Kodak 43% General Electric 37 General Motors 031⁄2 Goodrich 03 Goodyear 89

Homestake Mining 434 International Harvester 37% International Paper 35 International Te & Tel Johns Manville 40% Kennecott Copper 46% Montgomery Ward 54 National Distillers 2014 National Lead 334 New York Central 10% Packard Motors 4 Pan Amerlerin `Airways (9 Pennsylvania B 14%

Radio Corp. 12 Remington Rand 87% Republic. Steel 21 Reynolds Tebucco 30% Seara Roebucit 42 Shell Oil 384

Socony Vacuuni 10% Southern Pacille 40

Standard Brands 20% Standard Oil of Calif, 10

Standard Oll of N, J. 71%

Studebaker 23

Union Bug 24%

Union Carbide 10%

US Rubber 34

US Steel 24

US Lines 14%

Westinghouse 2544

Youngstown Sheet & tube 68% Gen. Pub. Utilities 14%

--Associated Press.

Notice To Consignees

From UNITED KINGDOM

PORTS & STRAITS "

Consignees per

m.s. "TREVELYAN"

1

arrived September 14, 1949

Lorilor, September 14 Rubber shares were in demand on the London stock exchange In the United States, however, on Tuesday. News from Washing- the Securities Exchange Com ton of plans for expanding U.S. mission prohibits brokers

and Canadian rubber buying to from dealing in Japancas securities case Britain's dollar crisis brought although private individuals mari bonds was full.

guins. Trading in Government are hereby notified that their. cargo will be discharged into A Finance Mistry official

Financial Times' Index: 100.4, the Hongkong & Kowloon meanwhille announced today that

up 9.6.-Associated Press. Premier Shigeru Yoshida wants hext year's budget to include a tund for payment of interests on debts, but the official could not] explain how the yen could be used the purpose.

for

Notice To Consignees

CIE DES MESSAGERIES

YOU MARITIMES Consignees por Company's M/V LA MARSEILLAISE"

Wharf & Godown' Co., Ltd., where it will lie at consignees' risk and expense and subject to terms and conditions of storage of the Hongkong & Kowloon Wharf & Godown' Co., Ltd. The cargo is expect- ed to be ready for delivery from the Godown on and after September 15, 1949,

Afnerican officials Have warned the -Government it fo] hot 'kely have much qua casa în, pirsyading foreigners to. take yen pn' dollar and pound are hereby notified that their sterling bonde.

cargo is being discharged into

Cargo is considered as bring the Hong Kong & Kowloon accepted in good order and The Ministry's recent reports Wharf & Godown Co.'s go- condition by consignees, unless place Japan's total outstanding, down, where it will be at broken, chafed and damaged

Sterling Bonds

top Inerinos recedendo

£61,144,283, of which 23 to the Whart's'terms and con- down for subsequent exaralaa-,

of tarling bonds at an issue value Consignees risk and subject packages are left in the Go

to

Wools • and returned ·! Monday's level, which was similar tó elming rates of the Melbourne June sales. The principal buyers were Brit ish for diseco wools and Continen- tal interests for skirtingsAKSO- ciated Press.

NY RUBBER

New York, September 14. Cride rubber "No

futures closed 30 to 70 higher with sales

bid.

of 297 contracts. *

September 1832

December 18.20.

March 17.90

May 17.782

ditions of storage, and where tion by Messrs. Goddard & delivery may be obtained as Douglas in the presence of Notice To Consignees soon as the goods are landed, consignees, at 10 am on

September 15 and 18, 1949.**

*.*. "TAKSANG"

To comply with the General Bonded Warehouse Regulation, Consignees must have, a Br- venue Officer in attendence

goods

are when dutfable examined.

Damaged packages are to be left in the Godowns for exam- From HAIPHONG,

Instion by Consignees and the STRAITS & CALCUTTA

Company's surveyors, Messrs. Goddard & Douglas at 10 a.m. arrived September 9, 1948

on Friday, September 18, 1948. Damaged cargo ex this To comply with the General vessel will be surveyed in the Bonded Warehouse Regulations All damaged cargo claims premises of the Hong Kong Consignees must have a Re- against the steamer. must be Kowloon Wharf & Godown Venue Officer in attendance presented to the undersigned Co., Ltd., between the hours when damaged dutiable goods on or before October 6, 1949, of 10 am. on Thursday, Sept are examinestare

or they will not be recognised

No fire insurance will be effected.

Spot No. I ribbed smoked sheet. Rember, 15, 1940, Consignee No claim will be admitted]

18% nominal Associated Prick.

Notice To Consignees

S/S "ULYSSES

Damaged cargo ex this vessel will basuryayed. at Wharf between 19 3.m.

noon on

Land

to have that.

BUTTE

Hong lớn

are advised to have their Re

presentatives present during after the goods have left the the Survey,

steamer's gedowns, and goods" remaining undelivered arter, September 17, 1949 will be subject to rent.

"All claints against the steam- to the

hees are Warned that "damage or short-

ifrance · will.

No claims will be admitted after the goods have been taken delivery of ex ship's de or alternatively ex- the Hong- kong & Kowldon Wharf. &.06- down Co's premises unless a Joint survey bas"" previously. hot been effected w

MACKINNON

ACKENZ

The Global Plast

TO HONOLULU & SAN FRANCISCO

vía JAPAN

"General Gordon" "President Wilson" "Proudont Cleveland"

Arr. Sept. 20 Arr: Sept. 20

Salf Sept. 21

Sail Sept. 11

Arr. Oct. 15

Sail Oct. 10 ·

TO SAN FRANCISCO & LOS ANGELES

"President McKinley" "President Taft"

via' JAPAN

....... Arr. Sept. 23 ........ Arr. Oct.

3

Sall Sept. 24 Sail

Oct.

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

"President Grant"

"Marine Snapper"

Arr. Oct. 4 Sail · Oct. 6

Arr. Nov. 1 Ball Nov. 2 ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ.

-PORT SAID, ALEXANDRIA, NAPLES. MARSEILLES,

GENOA, NEW YORK and BOSTON.

"President Jefferson" "Willamette Victory"

.....Arr. Sept. 18 Sall Sept. 20 .......Arr. Sept. 30

Sell Del.

TO JAYA & STRAITS

"Marino Snapper"

Opposite Star Ferry

ץ

Arr. Sept. 23 Sail Sept. 24

Tel. 28172/5.

BEN LINE

ARRIVALS FROM

SHIP

DUE

U.K. via Singapore U.K. via Singapore

In Port

6th Oct.

**BENNEVIS”

"BENAVON" **HENWYVIS" "BENLEDI" "BENVENUE" *"BENARTY"

"DENLAWERS" "BENRINNES”

SIUP "BENAVON" "'HENLEDI"

"BENVENUE" "BENLAWERS

"BENNEVÍS”

"BENWYVIS"

"BENÄRTY"

"BENBINNES"

•

20th Oct.

3rd Nov.

2nd half Oct.

-do

15th Nov.

do

24th Nov.

End Nov.

SAILINGS

ΤΟ

London, Antwerp, Rotterdam, Ham-

burg & Hull

יין.

LOADING I

11th Oct. Late Oct

7th Nov

2nd half Nov.

Liverpool, Glasgow, 28th Sept.

*Dublin, Havre,

Antwerp,

Roller Mid Nov.

dam & Hamburg.

Genor, London, Hull

& Leith

2nd half Dec.

End Nov./Early Dec.

こ

vis Malaya, Colombo, Aden, Fort Sudan & other way ports

Accepts cargo for Japan.

Omits Hamburg, calls at Genoa.

Omits Hamburg, calls at Leith.

For Further Particulars, Apply To-

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

York Building.

Agents

Telephone: 34105,

THE EAST ASIATIC CO., LTD.

S.S. “NIKOBAR” LOADING ABOUT 23rd SEPTEMBER

for

SAN FRANCISCO, LOS ANGELES, PORTLAND SEATTLE & VANCOUVER

M.S. "MORELIA'

LOADING ABOUT 5th OCTOBER for:

DARE R24 20.

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

THE EAST ASIATIC CO., LTD,

Saden's Bldg, 2nd Ro

Tel: 34111 Br. 34112

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, în 15 days Thence an Francisco, Vancouver, Seattle & Portland

“SUNNYVILLE... Loading 29th Sept.

ARRIVALS FROM Pacific COAST:

Chainu

HOO

ANCISVILLE” STLEVILLE

1

21st Octa

Sopt

To Singapore, Port- Swettenham,

& Batavia? Penong

RANGISVILLE

nger Accommodation

Balk Off

Apply>» HE BANK IN