1949-10-06 — Page 14

ROYAL

INTEROCEAN

LINES

JAVA PORTS and MACASSAR

"THBADAK"

→TJTJALENKA”

"STRAAT MALAKKA”

"BOISSEVAIN” -

“STRAAT SOENDA”

"TEGELBERG"

SAILINGS

15th Det 30th Oct.

MANILA

SAILINGS

7th Oct. 4th Nov..

10th Nov.

28th Dec.

ARRIVALS

15th Oct... 28th Oct.

ARRIVALS

18th Det. 18th Nov.

SINGAPORE, PENANG and BELAWAN DELI

"VAN HELTSZ”

"VAN RIEMSDIJK”

SAILINGS

19th Oct.

2nd Nov.

EAST & SOUTH AFRICA & SOUTH

SAILINGS

.7th Oct.

ARRIVALS

12th Oct. 27th Oct.

AMER CA

ARRIVALS

THE CHINA MAIL. THURSDAY, OCTOBER 6, 1948.

FINANCE AND COMMERCE

RUPEES DEADLOCK SOLUTION NEARER

Hồng Kong Stock Exchange

'HLE, GOVT, LOANS

4% Loan 187

4

Lean (1924-2 198) 100%, *** Chen (2008) 1006.

BANKS

fi, & 5. Bank 15006.

"STRAAT MALAKKA”

"BOISSEVAIN”

.8th Nov.

“STRAAT “SOENDA”

**TEGELBERG”

: 20th Nov.. 28th Dec.

18th Oct. 18th Nov..

Lon. Kez) ESTM Chartered Bank X Mervantile Bank A, ́É 8. £*%L

Calling at Membass & L. Marques direct.

Transhipment cargo accepted on through B's/L to ·

Bar-Es-Salaam and Zanzibar.

"STRAAT. MALAKKA”

.

JAPAN

SAILINGS

“BOISSEVAIN"

"STRAAT SOENDA”

20th Oct.

*TEGELBERG"

20th Nov.

Agents: HOLLAND-

ARRIVALS

8th Oct.

11th Oct.

31st Oct.

2nd Dec.

-EAST ASIA LINÈ

EUROPE via MANILA and MALAYA

"MARIEKERK”.

"MOLENKERK"

SAILINGS

9th Oct.

.14th Nov.

** not calling Manila after Hongkong.

ARRIVALS

20th Oct.

Transhipment cargo accepted on through B's/L to India,

Mediterranean and Northern European ports.

“MARIEKERK”

"MOLENKERK”

JAPAN

SAILINGS

ARRIVALS

25th Oct.

7th Oct. 13th Nov.

KING'S BUILDING: TELS: 28015 to 28017 Chinese "Agents: 32, Connaught Ro.C.Tots: 31196 + 25133

DE LA RAMA LINES

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

5.3. "DONA AURORA”

m.. "DUNA NATI"

.18th Oct. ..Early Nov.

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

Early Nov. .Late Nov.

&.5. "DONA AURORA” (Calle Japan) m.v. "DONA NATI” ...(Calls Japan)

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated Ja the Philippines)

CHINESE SHIPPING OFFICE

Tels, 27735-2017

MARINA HOUSE Tels. 23575-2

Notice To Consignees

CONSIGNEES PER

AUSTRALIA-WEST PACIFIC

LINE

M/V "CITOS":

Notice To Consignees

5.5. "EASTERN SAGA" From CALCUTTA, STRAITS, BANGKOK & SAIGON

arrived October 3, 1949 Damaged cargo ex this vessel will be surveyed in the pre- are hereby notified that their mises of the Hong Kong & cargo is being discharged into Kowloon Wharf & Godown Co. the Hongkong & Kowloon Wharf Ltd at 10 am on Thursday, & Godown Co's godown where October 7, 1949. Consignees it will be at Consignees risk are advised to have their Re- and subject to the Wharf's presentatives present during terms and conditions of storage, the Survey.

and where delivery may be obtained.

Consignees are warned that claims for damage or shortage may not be accepted if the

Damaged packages are to be left in the godowns for exam-

ASSURANCES

Canton on 2800. Union Ina, elin. Chlow Underwriters Clin. XE. Fire in 220am.

Deglaves

SHIPPING

Co.

BK & K, Stemmbands 112. Indo Chinas (Pvt) 2018.

Shells (Bouzer) 68/te Union Waterboats. Asia Mar. 1m,

'

DOCKS, WHARTES, GODOWNS, Flo BK, L K, Wharvey-1958. North Point Wharves übr Stanghal Hongkew Wharves 140. EK, Docks 25b.

China Providents 115, 11.808 Shanghai Dockyards 6li. #hericks 2

MINING

Raub Mines 6.10. HK. Kines tikt

LANDS, HOTELS & BLOGS. H&S, Hotel 1cb, 141EL XK. Landı ZIB

Stangkal Lands 17th, 1.50%. Humphreys 10A

R.K. Realties 1.50m.* Chinese Estates 14752

PUBLIC UTILITIES HK Tansz 155. Teak Tros (Old) 19m.

(New) 15%. Star Ferries St.

C. Lights (Old) 175, 22.

(New) 8.1(b, 2.7#..

HK Electrics 29b, 29% am Marko Electrics Sik, Ma Sandakan Lights 1240. Telephones 19

Shancha Gen 2

—— INDUSTRIALS.

Cal. Mace, (Ord.) 25,60m. Centos Ires ta. Cart 19.50. HX Ropes 10%b.

STORES. Etc. Dairy Farms 37% r. Watsons E

Crawfords 17 Sizeere 4.4. China Emporium 8. Sua Co., Lu, 27037 Korona Sans Bear Lot Wing On (HK) 70. Fm. Powell, L 14.

KISCELLANEOL'S

China Entertainmenia -140, H.K. Constructions (Old) 2.3a.

(es) * Vibro

Pilleys 132 Horsman Investments Dfin, Marsmas (BK7. Slangbal Lowa 1.800. Yangtze 2.700.

Euros 1.506.

COTTONS

RUERER, EL CDEPANTES Alma Estates Min. Anglo-Durch „3km. Anglo-Javas I.

Batu Anams 401 Rate Plantation, Chemore United Ara Chene Rubbers *ún. Consolidated. Robben 17. Dominica Robbers in Lakekata ix. Repah Babbers 20n. Rubber Trusts $0. Samagura Rubber Yanklike "Hebbers Bon.

Ga

Shanghal Kodas 12. Shanghai-Malayı 1în. Shanghai Sumatras in. Engel Diriz 28 Tavas Merah.com. Taboor Ebbers” „die Zianghe Robbers îm

Money Market

Manchester, October

New York Stock Exchange

The speeches by Sir Stafford Cripps, Chancellor of the Exchequer, and Sir Ghulam Moham- med, Pakistan's Finance Minister, yesterday

New York, October 4. The stock may bring a little nearer a solution to the

market hit a new deadlock between the two rupees, the finan-high for the year today. Leading shares including steels and autus, cial editor of the "Manchester Guardian" said advanced tracious to more, Shan

point

Closing prices were today.

masily at or near the day's high. In his financial column he wrote: “Sir Chulam

and speculators sp- .explained that Pakistan had made the de-parently figured that the steel coal strikes would end, and cision not to devalue with the aim of earning production mare dollars by her exports to America, and checking hard-currency imports,

The "Dominion had no desire

to: leave the Sterling Area or other make things difficult for. Sterling countries. But the price of tute, which dominated, Pakis ton's

export proceeds, was "de- pudent-on-the price-of-rice,-es- pecially in Eastern Bengal, and devaluation might lead to higher prices and hamper exports.

"Sir Stafford replied in gen- eral terms, promising sympathy and understanding for Pakistan's special needs.

Austria To Protest To Russians

trian pails.

Vienne, October 4. The Austrian Cabinet today de- cided to protest to the Russian This really does not make High Commissioner against re sense. Jute has been too dear in newei Russian censorship of Aus- the collar markets for some time. If it was made 10 or 15 per cent The Chancellor, Dr. Leopold cheaper. Pakistan could get Figl, reported to the Cabinet that larger market and yet retain the Soviet authorities had once

to absorb in-

again begun to censor. Austrian ternal price rises. But it is by no inland mizil, an official communi- means clear why the price, of rice que stated. should rise if the Pakistan rupee was devalued. The whole thing is, frankly, bewildering. Bank ers and merchants in London are perturbed by the India-Pakistan 'blockade.'

intens" of margia

"Trade has been virtually sus- pended for over a fortnight and both sides remain stubbarn.

Despite an Allied Council agree ment cancelling all censorship of Austrian inland mail, the Russians demanded that all mail arriving at the Vienna Suedbahriot (South Railway Station) since September 27 should be handed to them

Austrian-postal officials reported that nime out of every 10 letters were opened and re-sealed. A number of letters from Innsbruck, Salzburg and Graz were not re- turned, the Chancellor said.

A Compromise? "There was talk over the week-end that a compromise might be made and a common Reuter. rate fixed for both rupees same- where between the present rates of is. 6d. and 23. 2d. Many Bom- bay traders think is. 6d. is too low, but there have been no signs that political leaders in Pakistan are ready for even partial xle- valuation

everyone

"Meanwhile, London seems agreed that busi- iness is extremely awkward with things ̧ází

~they "ATE, "There is no important market

HIGHER LONDON TAXI FARES?

London, October.4.

A. spokesman for 6,000 London | taxi drivers asked the Government today to let them raise fares by $3.1/3 per cent...

The present rates, unchanged since 1933, are nine pence for the for rupees in London itself since brs two-thirds of a mile and three mile rupees are normally only bought pence for each third of a through the banks for specifs thereafter.. transactions, It would be diffi The demand for an increase was cult to speculate either on de-presented to Mr, J. Chuter Ede, valuation by Pakistan or re- the Home Secretary, by the Taxis; valuation by ludia. But the con- Fleet Operators Association

in

tinued 'holiday' the two (0) A's President, Mr. FL

countries makes trade difficult.

The

A. Thomas, said: "Taxi fares

3

Hard To Maintain

I have remained unchanged since 16 "City people take the view that years ago when taxis cast about Pakistan will And it hard to £300 compared with £1,900 now. maintain the rupee at 25. 2d. In- Petrol then was about 1/34. dia refuses to buy, Dundee mill- gallon against 2/5d"--Associat- owners are reported to be. fcau-l ed Press, tious about 2mmitting selves to any contract for Pakis. La jule at present,prices. Tha soortage of raw jute la India may tend to even prices out bul the price there at present is some 15 per cent lower than in Pak-

Leten

them

on

FLOATING SHOW

=

OF JAP GOODS

fore, marshal to normal be- !

тове

to 1,310,000

hands, 633 avanced. 182 decline 86 Issues touched new highs for the year.

1

One (US Smelter). Lit new Jew Radio, and, television were postlar. Major fractions were gainice by Radio Corporation at 1-1-

Edison Radio-at-18-3, Philco

at 32-2, Motorola at g

Up more than a point was Admiral at 21- Dow Jones

averages: Stoc 529. 20 Industrials 194,13, 15 Rails, 48.37. 10 Utilities 37.95.

Closing

Jubean

American Ch 97

Smelting 464 American Telephone 1475

737%

American

Anaconda Copper 27 Aviation Corp, al Bakiain Locomotive 10% Barnsdall 5015

Bendix Aviation 31% Bethlehem Steel 23% Boeing Aircraft 21% Borden Co. 474 Canadian. Pacific 137 J. 1. Case Chrysler Colgate

-3734

Commercial Solvents 174 Corn⚫ Products 64 Du Pont $34 Eastman Kodak 43 General Electric 37 General Motors 634. Goodrich 6315

Goodyear 39

Banestake Mining 445.

International Harvester 2674 International Paper 61 International Tel & Tel 94. Johns Manville 41%

Kennent Copper 47%

Ward 522 Montgomery National Distillers ZI National Lead 33 New York Central Packard

1-10

Motors Pennsylvania RR 145 Radio Corp. 12 Remington Rand 10%

Steel 20%

As Tobacco 39 Schenley 29%

Sears Roebuck 42- Shell Oil 36%

Socupy Vacuum 161⁄2

Southern Pacife, 43 Standard Brands 2134. Standard Oil of Calif Standard Oil of N. I. Studebaker 223

25

Union

Union Bride 40% US Rubber 33% US Steel 23% US Lines 15

Westinghouse 235%

Youngstown Sheet & Tube 579

Gen. Pub. Utilities 15%

-Asosciated Press.

AMERICAN PRESIDENT. LINES

The Globel Flact

·TO HONOLULU & SAN FRANCISCO

via JAPAN

*President Cleveland?

"President Wilson" "General Gordon”

„Art. Oct 15

Arr. Nov. „Am. Nov. 4

Salls Oct. 16 Sails Nov. Salls Nov.

TO SAN FRANCISCO & LOS ANGELES

"President Madison" "President Pierce

via JAPAN

Arr. Oct. 26 Sails Oel. Arr: Nov. 8 Sails Nov. 9

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

tarine Snapper"

21

.Arr. Oct. 30 Salls Oct.

Art. Nov. 29 Sails Kov." 30

ROUND THE WORLD

VIA MANILA, SINGAPORE,"COLOMBO, KARACHI, SUEZ.

·PORT SAID, ALEXANDRIA. NAPLES, MARSEILLES,

**GENOA, NEW YORK and BOSTON

Arz. Oct. 19

Arr. Oct. 30

Sails Oct. 30 Sails Nov. 115

TO JAYA & STRAITS.

-"President Polk”.

"Mount Davis”

*President Johnson

Opposite Star Ferry

Am. Oct. 21

Sails Oct. 22 Tel. 28172/5.

BEN LINE

SHOP "BENAVON”. *“BENWYVIS” "BENVENUE”

"BENLEDI"

"BENLAWERS”

"BENRINNES"

BENARTY" "BENVORLICH”

SHIP

"BENAVON"

*BENVENUE

“BENLEDI"

"BESLAWE

BENNEVIS”

"EENWYVIS"

“BENARTY”

A

ARRIVALS

* FROM

.UK. via Singapore

DUE

7th Oct.

15th Oct.

27th Oct.

31st Oct.

do

19th Nov.

21st Nov.

28th Nov.

SAILINGS'

TO

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

10th Dec.:

LOADING 11th Oct 30th Oct.

5th Nov.

23rd Nov.

Liverpool, Glasgow, 11th Oct. Dublin, "Havre, Antwerp, Rotter

dam & Hamburg.

"BENRINNES". Genoa, London, Huil

via Malaya,

& Leith

Colombo,

7th Nov.

20th Dec.

25th Nov.

Aden, Port Sudan & other way parts. Accepts cargo for Japan. Omits Hamburg, calls at Grezoa. 1 Omits Hamburg, calls at Leith.

Calls at Genoa,

For Further Particulars, Apply To—- W. R. LOXLEY & CO. (CHINA) LTD.

Agents

York Ballding.

Telephone: 34165.

LONDON STOCKS KLAVENESS LINE

London, October 4. British government bonds ex-

Tokyo, October 4. The Indian Goverment an-|

Flans to send a "Floating nounced maximum prices Showroom" of Japanese ex- Saturday and the Bombay police, part, products on a 90-day who were called in on Thurs | Voyage to major ports in cat to check cuftum sales, may Thailand, Burma, India and soon be busy in the jute market. Pakistan were announced here But this is not just a squabble today. ever local Issues Paper and cot

The proposal was, drafted by tended a week long rally today! ton containers have already be the Japanese Machinery Industry Gains ranged from 2s. 6d for war gun to replace: jute In America:

the Japan 3-24 per cent to 12/5d for say because fute is to car. It will Machinery Export Promotion As-ngs 1965-75. Land British, Gam be netther in India's nor Pakis- Sociation to bocet the exports of Par for Goverment Issues: is tan's interest to keep the price Japane high

Association and

Japanese

£100, machinery and tools

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle & Portland M.S, "FRANCISVILLE”

„29th Oct..

ARRIVALS FROM PACIFIC COAST M.S. "CASTLEVILLE” ports, visited. Members of the new Government profits or divi- |- M.S. “BOUGAINVILLE":- two organisations would finance dend taxes the estimated 40,000,000 yen ex- penses of the trip.-United Press.

The plan calls for chartering a Brokers say the demand for And, meanwhile, trade is dis- former Japanese ocean liner and Government bonds stems from rupted between the whole Ster-

"desire of investors to put for public showings of Japanese the ling Area and, two of its most wares alongside the wharves a their money out of reach of my important members."--Reuter.

BURMA ATTACK

Bangon, October 4. Government forces in South East Burma beat off an attack on Duyinzcik in Thaton district, kili- US dollars, recovering vestering 40 rebels, it was officially an-

́PEACE LANDED THEM IN GAOL

Copenhagen, October 4.

damage is not surveyed by jination by Consignees and Com- Į day, opened at HK$8 and closed bounced today. The rebels fied? The peace propaganda of two

Messrs. Goddard & Douglas in

pany's Surveyors, Messrs.

the presence of Consignees Carmichael & Clarke at 10 Representatives at this appoint-am. on October 11, 1949. ed time,

To comply with the General JARDINE, MATHESON &

Bonded Warehouse Regulations CO, LTD.

Consignees must have a Re vende Officer in attendance when dainaged dutiable goods are examined.

General Managers, Indo China Steam Navigation Co., Ltd

October 4, 1849.

Notice To Consignees

M. V. “AENEAS”.

No claims will be admitted after the goods have left the steamer's godowns and all goods remaining undelivered

after October 12, 1949 will be

subject to rent

- All claims against the steamer↑ alt-must- be- presented to the un

Damaged cargo ex this ves- dersigned on or before Octo.

sel will be surveyed at Holt's ber 19, 1949. or they will not

Whart between 10 am. and

be recognised.

No Fhe Insurance will be

noon on October 7 and 8, 1913,

and consignees are requested

to have their representatives effected

BUTTERFIELD & SWIRE,

present during the survey,

Agents

at 66.09.

4

after a six-hour battle

The Government have

ave also cap TT was put through from $tured without resistance the small 02 to $6.06.

town of Manaung in the Kyaukry district of the Arakan coast.

In mopping up operations in the Sterling and Australian pounds were again unchanged at HKS-area four rebels were killed 15.70 and $11.60.

wond several others wounded Peuter

Plasters remained nominal at HK$11.70 a 100,

Ticals were unchanged from the previous day at HK$27 a. day

NEI Guilders opened at HKS- 23.30 a 100 and closed at $24,

URANIUM NEAR DARWIN

Sydney, October, 4. Geologists of the Buren of Mineral Resources tonight" con-

MAIDEN VOYAGE

Bari, October 4

"lovers" of peace" here landed them in the police station on a charge of conduct likely to lead to a breach of the peace.

The two young men were print- ing moves on the sidewalk on which a passing policeman thought

the public might Rip,--Reuter,

GRANT TO CHINA

The Administration

Washington, October 4. Economic Co-operation granted "today. The salvaged motorship Barlet-China $2,475,000 to purchase ta, of the Adriatica Lines, sailed nitrogenous fertiliser in the United late tonight on her maiden voyage States and Canada,

to Greece, Istanbul and Smyrna.

Built in 1832, the 2,000-ton, 85- passenger ship was sink in the port-of Badi in 1943 it, was raised

Under the ECA the ship-

policy. etits must go to non-Communist areas of China.

two years ago and rebuilt in the chase of more than £24,000,000 trieste shipyards. - United Press.

The ECA also approved pur-

worth of American tobacco, cotton and other agricultural commodi4 ties for European Marshal plan Washington, October 4. The Agriculture Department nations Associated Press,

fired that there is a field of ursniuen: “ore-the souITTE. of today. expanded its price support U.S. TRADE atomic energy at Ham Jungle, programme to provide for direct

Gold shares boomed during the morning on reports of big e Sep. tember "earings because of cur- rency devaluation, Profit-taking dreve prices down in the after- roon. Plus and minus signs were well mixed at the close.

Financial Times Index 105.3, up 1-Associated Press

NY COTTON

New York, Octobe Cotton, closed 60-30-90, higher

in active trading, Mills were re- ported buying protectively against the possibility of a tight situa tion in free supply car *Text year. Futures closedzí

October December March

May

79.35:00

29.75-77

23.29.

Midaling Spot 30.43 nominal

-Assciated Press.

U.S. DEFICIT

Washington, October 4. The US. Government finished the first quarter of its new sch] year:31,725,214,000, worse uti than was, a year previously. The Treasury reported budget receipts 60 miles South of Darwin, North purchases from farmers, as Washington. Detriser L for the period ended September DODWELL & CO. LTD, em Tere Mere They sorans of holding prices at support US imports totalled 190 500,- 30 exceeded $9,600 de 300 while

Agents.

The frister Di Supply and Level The Department aid the 000 in August 1

T1 1 $25,000,1 spending, was RAVE SA Development, Senatin J. L. Arm- purchase programme isomer-bove a

BOGE Biggest cost increase imas di Strong, said that tests are being gency mcastice, and will not be US. exports: dropped - $16,900,- | the form prop price; supports, made on the extent of the field available

year United 000 to $980 500,000 in August, which exceeded $818,000,000 for Heuter,

Associated Presi

the quarter Associated Press.

Hong Kong, October 6, 1949, Hong Kong, October 6, 1949.

terzi

•Prest

21st Oct. -21st Nov.

Sailing to Singapore, Port Swettenhem, Penang, Belawan & Batavia

M.S. "CASTLEVILLE”:

Passenger Accommodation

Chinese Freight Agents.

·HOO FOOK PING

King's Bulding.

22nd Oct.

Bulk Oil Tanks. Amply:--

THE BANK LINE

(CHINA) LTD.

Tel, 27792. THE BANK LINE (China) Ltd

THE EAST ASIATIC CO., LTD.

M.S. "MORELIA"

LOADING. 7th OCTOBER

·for

ADEN, POFT SAID, TRIESTE, GUNA ANTWERP, ROTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

Tanks available for the carriage of oil in bulk,

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

Tel 34111 & 2018,