1949-11-22 — Page 12

Pare

THE CHINA MAIL, TUESDAY, NOVEMBER. 22, 1942.

ROYAL

INTEROCEANE LINES

JAVA PORTS and MACASSAR

SAILINGS

“TJETJALENGKA” ......2nd Dec

"THIBADAK”

"TEGELBERG”

"TJIKAMPEK”

18th Dec

MANILA

SAHINGS 28th Doc.

25th Jan.

ARRIVALS

20th Nov. 13th Dec.

ARRIVALS

8th Dec.

SINGAPORE, PENANG and BELAWAN DELI

"TITJALENGKA”*

"VAN HEUTSZ”

* Calling Singapore only,

SAILINGS ARRIVALS

3rd Dre.

... 16th Dec..

29th Nov. 10th Dec.

EAST & SOUTH AFRICA &

“STRAAT SOENDA”

"TEGELBERG"

"TJIKAMPEK"

AUTH AMERICA

SAILINGS

ARRIVALS

7th. Dec.

28th Dec.

25th Jan.

8th Dec.

Calling at Mombasa & L.. Marques direct. Transhipment cargo accepted on through B's/%; ta

- Dar-E-Salaam and Zanzibar,

JAPAN

SAILINGS

ARRIVALS

"STRAAT SOENDA'

24th Nov.

"TEGELBERG"

24th Nov.-

"TJIKAMPEK”

18th Dec

21st Dec

13th Dec.

24th Dec.

"TEGELBERG”

Agents: HOLLAND-EAST ASIA LINE

"EUROPE via `MANILA and MALAYA

"MEERKERK"

"RIDDERKERK"

SAILINGS ARRIVALS

6th Dec,

End Dec.

Early Dec.

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

Mediterranean and Northern European ports.

"MEERKERK”

"RIDDERKERK”

JAPAN

SAILINGS 22nd Nov. .Early Dec:

ARRIVALS

5th Dec. End Dec.

KING'S BUILDING: TELS: 28015 ́16 28017 CHINESE AGE?1: 82. Connaught Rs. C. Tris: 31196-25133

DE LA RAMA LINES

ARRIVING FEOM US, ATLANTIC COAST VIA-LOS ANGELES & SAN FRANCISCO

mv. TONGHAPUR

rov. "DONA ANIÇETA"

27th-Nav. 15th Dec.

SAILING FOR, US. ATLANTIC COAST VIA SAN FRANCISCO & LOS ANGELES

(Calls Japan) ......Mid Jan.

m.v. "DONA ANICETA"

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated Ja the Philippines)

KÁRINA HOUSE

CHINERS SHIPPING OFFICE -Tele 23738-29153

STATES MARINE LINES

FAR EAST SERVICE

FROM U.S.A. PORTS

SIS « ANDREA F. LÜCKENBACH"

Due 1st December

igents

GOURLIE & CO., (HK.) LTD.

Union Building

Teler hones: 20321 & 31341

"WEEKLY CHINA MAIL?

CONTAINING ALL THE LOCAL NEWS

OF THE WEEK FROM THE

"CHINA MAIL” & “SUNDAY HERALDY"

Price 50 Cerits

ON SALE EVERY THURSIWAY,

FINANCE

AND

COMMERCE

STRONG RECOVERY BY U.S. BUSINESS

Hong Kong Stock

Exchange

A very quiet day..

EN GAFT, LOANS *

4 Loan INŐT. SYN Lama (1934 & 1960) 2004. I Lowa (1949) - 100-7

BANKS

à S. Bank LATES

Lon. Reg.) £0.

Chartered Bank • 11/288. Mercantile Bank 4. ♬ R 4Tn. Bank of East Aalà. 1988,

INSURANCES Cacion Ink 105m Union Ing 637D, ESÖK," Chias Underwriter 651. HK. Fire Ina, „ZIJa.

Dourlaser 200, ni

SHIPPING

HK & M. Slemmbosts in. Lade Chinas (Prof) £14

(Def) W. Shela (Bearer) (3:41ận. Union Waterbcrts in.

Asia Bar. 90-

DOCKS, WBARVES, GODOWNS, Etc. HAK. Wharves Tin

Neath Polar Wharves Gh.

Shanghai Hasker Kharves Jib. 1. Docks 19bús.

China Previdenta 125(3. Shanghai Dockyards fm. Wheelocks XD. * 3 MINING

Bred Mines 5.70n. Ki Kh- A

LANDS, HOTELS & BLDGS. H. & S. 11,703, 11.50%, 21.26/2018.

RK. Land Sta Shanghai Lands in Humphreys 11.3Cu.

R Realties 1.5B Chinese Falates 140n.

PUBLIC UTILITIES KK. Zg's lis Peak Trama (03) 150

ew, 5% Star Ferries 12 dis .C. 24h 10k, AD. 1155,

(Kew) ID. 16. u.SEBA, KA Electrics 22 315. Xacao Electrica 2014 Sandakan Lights 8. Telephones 19, 19, Elangbal Gas Lin

INDUSTRIALS Cald Mace. (Ord, 22.56A. Casion lem

Cement

H.R. Rupes 154

STOKES, ELL. Dairy Farma (žan, - Watsona 17a, CEL

L. Crawfords Sincetes 4

Chira Emporium flýb. Sen Co, Ltd. 2.50. Kwong Sang Hanz 955. Wing On (EK) α We, Powell, Lad, züm

KISCELLANEOUS

Cain Entertainments 13 HK. Constructions :Old) LIS,

(New) 3.30s,

Vibra Pilings 152.

“Mariman Investment 1/0.

Mason (HK) ta Shanghal Loan 150. Yangtzes 284k.

COTTONS

Eeos XD. KN, TUS,

RLSBER. E., COMPANIES Alms Estates 16b, Da Aacha-Dwich 300. Anglo-latax I

Patz' Ahams 158. Bute Plantations' ‚402. Carr United 24n. Cheng Rubbers in Cənnəüdated Rubbers 18. Doralnion Rubbera in Lankets In.

15.

Reyak Bubber Rubber Trusta Dn. Samerica Rubbers 201. "

Semambu Rubbers "Lima n Shanghai Kodalu 250. Shanghai-Malaya 124. Shanghai Pakang. - Shancha Sumatra In.

Sazed Burks 1350. "Tanah Meraha Sta.

"Then Rubbers 290.

Tabgbe Rabbers 35.

New York, November 20,

Free of crippling strikes for the first time in twe months, United States Business and industry made a strong recovery this week. Almost all important indicators of activity pointed higher, with the rebound most pronounced in steel mills and coal mines.

2

Retail trade. recovered sharply in areas hard hit by the lack of purchasing power

of strikers and registered a the modest increase over preceding week in other areas. Overall volume was still under that of a year ago, highest in history.

The stock market shook off a two-week decline and went into that more a sustained advance |than regained all the ground-lost during the repeated retreats in the closing stages of the labour troubles.

Investment-rated issues

made

a good showing in the bond de- partment and the few new money! Issues

that were brought out for Investor appraisal received an approving ned..

One of the most significant

events of the week occurred late on Thursday. A buying drive of size and force developed sudden- ly in the New York textile mar kets. It sent. prices higher and carried forward bookings far into next year for some types of goods before it ended.

Silver Flown To Hong

Kong

Banita, November 21.. -Eight · planeldada of · Chi- nese Nationslist alives coisa have

been flow to

Konz Kong in the fast two days- Oficial, destined to reveal the valpe of the

flown out thais-fär, but in- dicated that the coins will be uded in paying the salaries of National troops.

Several million dollars. worth of Chinese coins, aviat. ed, to the United States, sta cently arrived aboard several chips for deposit here antił such time. Es the Chinesa . Government should .need them dewhere. - Voited Preis.

DEVALUATION IN AUSTRIA

Economists BZW in this de- velopment a vite of confidence in business trends in the first) half of next year on the part of

experts highly trained keep close check on conditions Arian Government will

RUSSIA'S DEBT TO IRAN

Teheran, November 20 Referring to 12 tons of gold que to Iran by Rarisin, Ali Asghar Hekmat, the Foreign. Minister told a Press conter- ence today that Russia told Irag the cuestion must be handed through political channels. Hekmat added Iran has done the utmost to settle the question but with Do results yet.

"Iran will take steps to safe- guard her Interest if

We are obliged to lose hope in political | channels,” he said...

He also said that trade agree- ments betureen Inn and the US... Pakistan, India and Afghanistan are being started and expressed the hope that they will be signed shortly.

He added that Iran appreciates fully the Pope's peaceful policy which greatly effects world peace, Referring to the Irano-Iraqi border disputes, he said Iraq is responsible for delaying a res ponse to Iran's proposal-Ass- itated Press.

MODERNISING

UK FACTORIES

Washington, November 21, The Economic Co-operation. Administration has authorised- the spending of $47 milion înj Marshall Aid in Britain on' modernúsing and expanding steel works and petrol refiner- ies.

Vienna, November 20.

In a report covering intiasizis' Financial circles here wETË

projects approved during the who today predicting that the Austrst 18 months of the Marshal

Plan, the ECA aid that nearl

in the so-called comumer in-nounce the devaluation of the $410 million had been allocated dustries.

schilling tomomow from 10 to for industrial projects in Britain

"About three 14.4 schilling to the dollar. } Trend Over

"be used on steel plant fotal would quarters of th Financial quarters said that The rest would go to expand pet- President Harry Truman told af under the devaration arrangeralette refineries.

will have to New England council meeting that ments exporters

The report said that flat-rolled

he believed the country was over sell 40 per cent of their feign steel products have been scarce in the worst part of the adjustment currency to the National Bank Britain and the new plant would

the in at rates that had to come after

corresponding to the provide steel urgently needed to: industry. fationary boom we experienced 14:40 rate for the dolar.

ECA wave romaining

report said that 60

The per cent last year," and Mr. Jack Straus, President of the big Mary Depart exporters will be able to use to Britain had recieved approval for men: Store chain, told his stocks- pay for exports or to sell to the twe refinery expansion posjects holders that the nationwide down-National Bank at the rate of 26 at Shell Haven a andarch to to process additional ward trend in retail sales appears for the dollar-the new rate enable it

crude oil (from the Middle East) they added Reuter. to be at an endin

and thus decrease expenditure for imported relised prodi

The Secretary of Commerce, Mr. Charles Sawyer, said at the conclusion of a 14,000-mile, five- month tour that he found no sea- son why business should not re- sume its upswing once the kinks caused by the strikes are straigh- Itened out.

While the coal Industry faced the

SNYDER TO SEE QUIRINO

Manila, November 20 The United States Secretary of century. Mr. Joan Sayder,

OR

ter.

+

NOTICE TO CONSIGNEES

M.V. "CHANGSHA? Arrived November 21, 1919 * Damaged cargo ex this vessel

Tuesday will be surveyed by Messrs.

an uncertain future because of who is due to arrive in Manila the almost complete lack of spec-early this week, will confer, with fic action to bring about peace in President Quirino that troubled industry, the 400,- 009 miners who were at work in the pits brought up an estimated 12,000,000 tons.

middle of June when

morning

Goddard & Douglas at Eng- kong and Kowloon Wharf Go- Matters discussed by the Philip down from 10 am on 25th and pines - President and President

BUTTERFIELD & SWIRE,

Agents, China Navigation Co., Ltd. Australian-Oriental Line Ltd:

It was the first full week of Truman during the former's visit 26th November and consignees work in the mines since the to Washington last August were representatives are requested

contract reported today to be due to be to be present during survey. troubles began to show up ini taken up when Mr. Snyder and sinaller and smaller, weekly to President Quirino meet. rages which finally stopped al- These are said to include as- together in the middle of Septem-sistance to the Philippines under ber.

Mr. Truman's Point Four pro- Steel mills bummed with gramme, industrial and economic activity as more and more furicans and more war damage pay- naces were brought into produce ments-Repter. tion. The operating rate was om- cially estimated at 54 per cent of capacity but probably exceeded that figure, due to better than looked for progress in, bringing some of the larger mills around to the firing up staze.

Discordent Mate

Carloading also picked up as

NOTICE TO CONSIGNEES

Consignees Per BARBER-WILHELMSEN

LINE..

m.s. “TITANIA”

NOTICE TO CONSIGNEES

Consignees per STATES STEAMSHIP.

COMPANY

54. "WYOMING"

coal drugs and other heavy are hereby notified that their are hereby notified that their

BANK GOVERNOR freight began to take on a nor cargo it being discharged into cargo is being discharged into

:

VISITS U.S.

mal pattern...

Motor car production and crude the Hongkong & Kowloon the Hong Kong & Kowloor Wharf & Godowis Co's godown

Whart & Godown Co's godown joll output increased slightly,

Engineering construction awards risk and subject to the Who's terms and conditions of storage where it will be at Consignees where it will be at consignees risk and subject to the Wharf": London, November 20,

broke out of a six-week declining

up to the terms and conditions of storage and where delivery may be Mr. C. F. Cobbold, Governor spell and bounded of the Bank of England, left point since early test and where delivery may be obtained. London tonight on a short visil August. to the Bank of Canada, the Federal Reserve Bank of New York and the Federal Reserve

Board, Washington

Electric Fower praduction

obtained

was sicw to pick up the faster! Damaged packages are to be left in

Damaged packages are to be momentum of all business but left in the godowns for examination by Consignees and

the godowns for ex can be expected to reflect the ination by Consignees and the the Company's surveyors, end of the strikes, in industry Company's Surveyors, Mesara Messrs. Carmichael & Clarkt The Bank of England stated?:. from now on,

Goddard & Douglas at 10am at 10 am on November 28, that this was "the first opporte). One discordant note in the on November 22, 1940. unity, which Mr. Cobbold has had business picture was an increase

1949. since he was appointed: Governor in bankruptcies to the highest

To comply with General | To comply with the General

in March, 1949, to call upon the number since fast April This was Bonded Warehouse Regulations Bonded Warehouse Regulations, banking authorities in Canada believed to mirros the stress and Consignees must have a Re-consignees must have a Re ad the United States for indormal strain of merchants and others venue Officer in attendance venue Officer in attendance discussions on matters of mutual dotny bites in restrial when damaged datable goods when damaged dutiable goods

porarily blighted by "Mr. Cobbold is not engaged on

specifle

side,

-ang

is not engaged in strife, hip franciel de bond are exe

Money Market

De Exeg

No claims will be admitted

are examined,

No claims will be admitted

steamer's godowns, and all Eter goods

remaining undelivered beter November 23, 1949, will

be subject to zent.

AMERICAN. PRESIDENT

TO HONOLULU & SAN FRANCISCO

Við JAPAN

"President Cleveland"

"President Wilson"

Arr. Nov, 29 Att. Dec. 17 Atr. Decò 23.

Sails Nov. 30

Sally Dec. 18

Sails Doc. 2£

ANGELES

· “General” Gordon”

TO SAN FRANCISCO & LOS

viä JAPAN

"President Mckinley” "President- TAFE”

*** Arr. Nov, 23 Salls Nov. 24-

Ark. Dec. 16 Sails Dec. 17

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

"President Johnson”.

sident Fillmore"

ATT. Nov. 29. Arr.-Ike.... 27-

Sails Nov.

Shils Dec. 28

ROUND THE WORLD-

VIA MANILA, SINGAPORE, COLOMBO, KARACHI SUEZ,

POET. SAID, ALETANKIA, NAPLES, MARSEILL

GENOA, NEW YORK and BOSTON

"President Manïrõe

President Buchanan”

Arr. Nov, 29.

Sails Dee. 1

Arr: Dec. 13

Sails Dee. 15

TO JAVA & STRAITS.

"President Tyler"

Opposits Star Ferry

Arr.

167

Sails Dec. 17

Tel. 2817275.

BEN LINE

BHIP "DENRINNES" "BENLAWERS"

*"BENARTY"

"BENCRUACHAN” *BENLOMOND”

"BENVORLICH"

*GENVRACKIE”

"RENCLEUCH"

SHIP

“BENLAWERS" "BENCRUACHAN”

BENLOMOND" "BENCLEUCH"

"BENARTY" "BENVORLICH"

Acc

ARRIVALS

FROM

DUE

U.K. via Singapore.

25th Nov.

26th Nov:

28th Nov.

10th Dec.

27th Dec.

3rd Jan,

5th Jan,

15th Jan.

LOADING

SAILINGS

TO

London, Antwerp, Rotterdam, Hamburg

Hull

30th Nov. 15th Dece

2nd Jan.

20th Jan.

20th Dec.

8th Jan

T/LVærpost 25 Glasgow,-- Dublin, Antwerp, Rot- terdam & Hamburg,

ya, Colombo, Aden, Port Sudan,

and other Way Ports.

Cargo for Genoa, * Accepts Cargo for Japan.

For Further, Particulars, Apply To--

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

York Building

Telephone: 24165.

THE EAST ASIATIC CO., LTD.

M.S. KOREA"

LOADING ABOUT. 14th DECEMBER

for

ADEN, POET SAID, GENOA, ANTWERP, BUTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

Tanks available for the carriage of oil in bulk.

THE EAST ASIATIC CO., LTD.

ený Hldg, 2nd, fost

Tel. 34111 & 34114

KLAVENESS LINE

SAILINGS

Direct to Los Angeles, in 16 days Thence San Francisco, Vancouver, Seattle • Portland

29th Nov. „ARRIVALS FROM PACIFIC COAST M.S. "BOUGAINVILLE”. M.S. "SUNNYVILLE".

visit is concerned only w clearings were higher than last maintaining central bank con week but under a yem age. De after the goods have left the after the goods have left the M.S. "CASTLEVILLE tacts the statement sofed Mand deposits were smaller than steamer's godown, and F Cobbold expects to be

Away for

in either period and money in remaining undelivered about three weeks Beuter.

circulation took a tiny dip under November 23, 1949, will both the previous, week and last subject to rent. year

All claims against the stea- creased for the 14th week in a mer must be present US dollars opened yesterday at row. This was taken as a good in- Undersigned HK$8,174, went up 25 cents. and dication that merchants and other Movember 30, 1949, closed at 6.163⁄41⁄2.1-

users of credit were going along will not be recogni at a steady pace without trouble. -Associated Press

No fre insurance will be exfected.

FT was not through from HK 6120V down, to 43224.

Sterling at $16.10, and An- `stralian pounds #2 HK$12.10, were statin

Bainese leans of banks in All claims

Landon, November 21. The Supply Minster ansiounced -Piastres were again nominal

today a £2 a ten reduction in HK$11.30 a 100.00

the delivered pries of soft pig Ticals were pinchanger) et

Jest The new price, ..., efective Houz 27 100

NEI Guilders opened at Eximmediately, is 101 a to-As- 23.50 100, and cloved at $23,40, Įsisted Press,

All claims against the the seamer must be presented to Eefore the Undersigned on or before they December 5, 1949, or they will

not be recognised.

DODWELL & CO., LTD.

No Fire Insurance will be effected.

1848.

DODWELL & CO., LTD.

Agents Hong Kong, Nov. 21, 1949.

24th Nov,

21st Dec.

Sailing to Singapore, Fort Swettenham,

Penang, BelowG

M.S. "BOUGAINVILLE

Fassenger

enta.

HOO TOOK PING.

King's Builder Tel zrzG

Batavia

26th Nov

Bulk Oil Tanks Apply

THE BANK LINE

(CHINA) LTD. THE BANK LINK (CHES),