1949-12-02 — Page 12

Pego 12.

THE CHINA -MAIL -FRIDAY, DECT

ROYAL

INTEROCEAN

LINES

JAYA PORTS and MACASSAR

"THITJALENGKA”

"TJIBADAR”

"TEGELBERO”

"TJIKAMPEK" "TJISADANE""

SAILINGS

18tli Dec.

MANILA

SAILINGS

28th Dec. 25th Jan.

ARRIVALS

In Forl

13th Dec.

ARRIVALS

12th Dec. 12th: Jats.

SINGAPORE, PENANG and BELAWAN DELI

"THTJALENGKA”

"VAN HRUTSZ”

• Calling Singapore only.

SAILINGS ARRIVALS

FINANCE AND

COMMERCE

BLOCKED CURRENCY New York

HOLDINGS REQUEST

Hong Kong Stock Exchange

More activity was in evidene! pestrilag coupled with An

3rd Dre.

In Port

15th Dec.

10th Dec.

1% 4.on 101ām.

EAST & SOUTH AFRICA & SOUTH

"STRAAT SOENDA"

**TEGELBERG“

"TJIKAMPEK“

"TJISADANE"

SAILINGS

AMERICA

ARHIVALS

7th Dec.

28th Dec.

26th Jan.

#2th Dec. 12th Jan.

Calling at Marubasa & 1. Marques direct. Transhipment cargo accepted on through B's/I. fo

Dar-Es-Salaam and Zanzibar.

**TJIKAMPEK”

STEGELBERO"

TJINADANES

JAPAN

SAILINGS

ARRIVALS

13th Dec. 13th Dec. 14th Jatt.

24th Dec.

Agents: HOLLAND-EAST ASIA LINE

EUROPE vio MANILA and MALAYA

"MEERKLRK"

RIDDERKERK"

SAILINGS

ARRIVALS

Dth Dec.

9th Jan.

14th Dee.

Transhipment cargo accepted be through B's/1, to India.

Mediterranean and Northern European ports.

"MEERKERK"

PRIDDERKERK"

KING'S BUILDING

JAPAN

SAILINGS

AKRIVALS

8th Dec.

20th Dec.

8th Jan.

TELS 2801528017

CHOVEDE ABWnt3 82. Conmagown Rh C Try 31196-25133

DE LA RAMA

karvane in prison.

H.K, Qovt, Lökn

in-

33 ́s Lem (1934 & 1940) 1005. 23 ten (1848) 101)s, 101āno,

Banki

K&S. Bank 1400b, 1430sa.

(Lot, Reg.) £0710. Chartered Bank 20 12/10. Mecantile BK A & B, T226. Bank of East Asin 100n-

insuranceS

Anton ins, an.

Con Tras. Geab, aduse.

Chlow, Underwriters Båt. 11.K Fire Ins. 215n,

Shipping

Dogginses 2vm.

ULIC. & M. Steamboat 1in. Ju Chinas (Pret) 806.

(Def) 200N,

Shells (Bearer) 73/9n. 11. Waterboats 284b. Aura Nay 73, 80s.

Docka; Wharves, Godowns, Etc.

~K Whver lilb

Worth Point Wharves lib. Sa, Hongkew Wharves llb. HK Borks 19.20b, 19.40s 10.00u. China Providents 12.206. Shuanghai Dockyards 8.30b. Wheeforks 30, 31.

Mining

Roub Mines 5,70m,

ALS Ms Dian.

Lands, Hotels & Bidga

12,80b, 12.40s,

& Hotels

12,30

K. Lands 40b. Shanghai Lands 2.40s. Humphreys 11.30m. H.K. Realities 1.906. Chinese Estates 1400.

Public Utilities

HK. Tramways 10jb, 1873a. Peak Trame (Old) 18,

(New Vin.

Sur Ferries Afib.

| C. Lights (Old) X.D. 12.30b, 12380.

(New)

X.D. 10s, 0.93/- .90/D3B.

HK. Electrics 31b, 328, 31. Macne Electrica 22in.

Sandakan Lights 6in.

LINES

Telephones 18.706, 198, Shanghai Gas 14n.

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

m.v. "DONA ANICETA"

M.V. "TRAVANCORE" A

MV. "HALLAND~!

Industrials

Call. Mucg. (Ord.) 25.500.

Canton Ices 310.

Cements 241b, 241.

H.K. Ropes 1740.

18th Dec.

81 Dec. 30th Juni.

Dairy Form 444b, 441/iza.

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

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

my. "DONA ANICETA"

THE DE LA RAMA STEAMSHIP CO., INC.

4 1 (Incorporated lathe Philippines)'

MARINA HOUSE

Vola, 23616–22675

CHINESE SHIPPING OFFION Tel. 23738-20163

MACAU

PROVISIONAL WEEKLY

BERVICE

„BY CHINA NAVIGATION COMPANY'S

M. V. "WUBUEH"

Weekdays Leaving Hongkong 2 p.m.

turdays-Leaving Hongkong 2 p.m.

· Leaving Macau 2 pm. ^ (Sunday)

RETURN SALOON-FARE

Including Bat/Buns -overnight stay vi

V board:HK$40,

For Reservations Applij

BUTTERFIELD & SWIRE

1. Connaught Rd.. Central, Tel. 50331/8 Dower Ad Coplo and Bin Pres Weg 27160.

Stores, Etc.

Watsons 48b, 40sa.

L. Crawfords XP, 18.201. Sinceres 1.30b.

Chinh Enpathum 603. Sun Co., Ltd. 2.850.

ENTRE Quy Hồng Đức,

Wing On (HK) 72n. Win, Powell, Ltd. pin,

Miscellaneous

China, Entertainment '14b. |H.K. Constructions (Old) 2.35b.

(New) 1206.

Vibro Pilings, 155, Marsman, Javeštments 9/-n. Mursin, (tk) 60n.

Shanghai Loan 1.800, Yangtsen 21b; 2.80.

Cottons

Ewos X.D. 0.80%. ***

Rubber, Etc., Companies Alma Estates 10h.

Anglo-Dutch .30h. Anglo-Javau in. Babu Anams 15. Buto-Plantations 240b. Chemor United "Ron..

·Cireng@Rubbers 10n... Consolidated Rubbers In. Dominian TubBETE" "TIL. Langkats In. Repah Rubbers 1n, Rubber Trusts “Bri Samagogo Rubbers. Sin. Semamu lubbers 1th, Shanghai Kedahs 2ön. -- Shinghal-Mulayá 12.h. 'Shanghai Paning 250. Shoniphti Suhititras '1h. Sungel Duris: 15ân;;, Turali "Meruhe 60t

Telong Rubbers 200. Zlangbe Rubbers in.

Washington, November 30. Egypt proposed today. that the Food and Agric

tural Organisation should ask the Economic and Social Council to Consider ways and means of unabling low-income countries to use their blocked foreign currency holdings. The proposal was made in a resolution which was withdrawn when the FAO Commission, now discussing foreign investment, decided merely to draw the attention of international fihan cial organisations to the existence of the problem.

Britain and the United

States opposed the Egyptian Money Market

proposal.

Abdel Goll! Dey El Emacy, of Egypt, Fahl that its Government did not propose that the entire blocked funds should be freed at onée.

it visualisert the creation of a machinery for måltilateral con Vertibly of a substantial portion of the balances each year.

A small percentage of Egypt's foreign currèncy "höldings was, released annmily and only

Mil portion of this was colt- vertible,

We

unable to

find ourselves

import the capitel gooda we need for our economic "fevelopmcht,"

he said.

were

IA

US dollars opened yesterday at HR96.30% and after goin us to 80.82, closed at 66811⁄4,

TT was put through between HK$8.80 and $0.08.

Sterling dropped HK$140;

30 contr

tn

Australian pounds, on the other hund, Arera" Avo tenth higher at HK$it.20.

Pintios were again nominal at

$13.00 100.

Tidals KS27 & 100 were unchanged.

NEI Cuilders went up 20 conta to HK623.60 100,

SUGAR OUTLOOK

"The purchnees we do make are often made at greât mcrifice.”

The Egyptian resolution ask. ed the conference to recognies

New York, November 30. that Tow latome countries Teodoro Santestebah,

bne of handicapped thor four Cuban delimiter "to the re- effort to improve their produc-cent sugar conference in Lyfidon, tion and nutfitjosial standardo predictban vers dath Tuture for through the Blocking of their the world's sugar Industry it an International working agreement is not roached,

funds.

Opposed By UK

Str Sydney Caine, for Britain, opposed the Egyptian proposal and shid that the International Monetary Fund was the appro priate body for the discission of Buch Res.

Minister

ان

the London

Mr. Safittesteban, who turned here from conference, thinks that an agree- mont may be reached next year. The chier obstacle at present, he shid, is that no such gréement chit be reached until archt Britain anti Commonwealul nations com- plete their

sugar conference due of hext year Reuter. DU BEST P

Mr. James Dillon, the Irish

Agriculture dish greed with the Egypilan propasAT because Trețanut" did not believe the problem of blocked balance@ could be separated from the

Karachi. November 30. broader problem of convertibility. The Governor-Gentral of The Organisation adopted Pakistan, Khwaja' Nazim Mud- Canarilan suggestion that the din, today opened an interna- problem of blocked currencies tional commercial and industrial should be mentioned in the conètion th connection with the ference report, stressing Its im lelaitieconomile Conference portance to prlinary producers, being held here. It is expected Reuter.

to last about a month-Reuter.

Y's Men's Club Hear Talk On Belgian Economics

Stock Exchange

New York, November 30. The stock market shrugged off chances of a new coal

strik with a passing glance today.

News that Mr. John L. Lewis coal labour leader, had postpone a meeting of the United Min Workers Policy Commițīrs 10% the third day was taken in stride. The postponement apparently opened the way for a strike at midnight today. Quotations

budget Scarcely .salts of 1,320.000 shares. despilo.

Included Montgomery Galbera Ward, J. I. Case, Greyhound and Columbia Cas.

Lower stocks included Ameri-

U.S. Rubber and

can Woollen, Johns Manville.

Dow Jones

117.87:

20

Stocks avernyes: Industrin 101.33; 16 Rails 48.11; 10 Utilities 30.20.

Closing quotations:

Adama Express Alaska Jun

American Can 88 44

Anerkenn

American

American

American

Anaconda

986

49

147

7314

20%

Copper

Aviation Corp. $%

Baldwin Locomotive 9%

Barnsdall $24 anzasan

Bendix Aviation 33%

Bethlehem

Steet 293%

Boeing Aircraft 22

Borden Co. 48

Canadian Pacife 14 Case, J. 1. 43%

Colgate:

421⁄2

Commercial Solvents 18 Comm Corn Products 04 Du Pont 50%

Eastman Kučink 47 General Electric 40 General Motors 60% Goodrich 89%

Goodyeur 41% Homestako Mining 40 International Harvester 27% International Paper 65 International Tel & Tel B Johns Manville 42 Kennecott Copher 49 Natielery, Ward 53%

Distillers 22% National Lend 304 New York Contral 10 Packard Motors 394

Pan American Airways 6%

Pennsylvania RR 14

Radio Corp. 13% Rerpington Rand 11 Republie Sten 28% Reynolds Tobacco 38% 30% Roebuck 011 38% Socony Vacuum 16

425%

Southern Pacife 45%

Standard Brands 20

Standard Oil of Cal. 6T

Standard Oll of N. J. 67%

Studebaker 25 %

Union, Bag 28%

Union Carbide 417%

US Rubber 33

US Steel 34%

US Lines-18%

Westinghouse 27%

Youngstown Sheet & Tube 89%

Gen. Pub. Utilities 17

L

---Associated Press.

LONDON STOCKS

Mr. Ferdinand Buckens, Belgian Consul-General in Hong Kong, gave a talk ontitled "Belgian Economics" at the weekly fancheon of the Y's Men's Club at Hong Kong Club yesterday. The speaker explained to. the member's and quests tile circumstances which made Bel- gium favourable in her an rial position after the wiir.

The cost of living and, indi- Good buying support. Increased Mr. Buckcam disclosed that really, preduction costs were mo- prices of Industrial and min when the Gloverzument -returned dented both by dubsidies, by ing stocks. New Zealand bonds to Brussels measures of economic rationing and by the dumping rose 3/8, British Governments control were urgent and nece gouda imported by the Govern of the 1640 issue rose a full point Into the herket of consumer ranged up to 0/0, Japanese bonds

to -18 3/4.

London, November 20.: Defeat of the Labour Govern- ment in New Zealand gave the circulated during the German Londen Stock Exchange a boost. Docupation and Trotoan lim-today with New Zealand and Bri- portant proportion of assols Lish Government and Japanese accrued under the Germans.

bonds scoring pains,

to the

кату

Currency circulation under thement," German setupalion had increased

thanks Meanwhile, three-fold, consumers' goods were appy conditions which favoured Scarce and prices high, while the Belgian. DiBustry, Industrial ""ac"" purchasing power was extremely elty, intelsed and maintained low..

ELHOTE constantly, ach level auth. Belgium was able to resume splor to the pre-war level. her tratie, however, because cho Zound her trade comparatively intact. She was able to enter the world's seller's market after the

wor.

This was fortunato for a cour try as dependent on foreign trade na Britain. Belgium's Income Is Targely derived from the preces sing --und re-gala of 'imported materialar

Financial Times index 103.5, up'

Associated Press. NOTICE TO CONSIGNEES M.V. "VESTEROY”

Bolalan's commercial balance Having arrived Hong Kona improved month by month.

Thanks also to an Improved consignees of cargo are hereby trade balader, the country was notified that all goods have been Subleto maintain hdr gold landed and placed at their ridi standards. The 51 billion franes and expense into the godowns presently held by the National of China Provident L. & M. Bank of Belgium represent backing of about 30 per cent of obtained as soon as the goods Ltd., where delivery may he the country's fiduciary circulo- tion.

are landed. Notes Withdrawn (deration our foreign currency after the goods have left the

It we also take into corni

No claims will be admitted The Government lifimediately deerves, the cover is 50 per godowns, or fallire to attend. enforced the withdraw of a cont, M

Mr. Buckens added... large part of the banknotes Concluding his lengthy speech, the survey.

STATES MARINE LINES

PAR EAST SERVICE

FROM USA. PORTS.

«ANDREA F. LUCKENBACH

Duo 9th December

GOURLIE & CO., (HK:) LTD.

Union Müffilia

Telophones: 20321 & 21341

Mr Buckens remarked that all All broken, chafed, and ID countries of the Marshall damaged goods are to be left Plan, as well as the American

AMERIGEN,

PRESIDENT

LINES

The Global rien

TO HONOLULU & SAN FRANCISCO

**President Wilson". "Constal Gorton"

vio JAPAN

Arr. Dec. 17.

Snils Dec. '18

Arr. Dec. 23

Salts Due. 24

Shils Jan. 14

"President Cleveland", ....... Arr. Jan: 13

TO SAN FRANCISCO & LOS ANGELES via JAPAN

"President Tüft" "Frosident Madison"

+

.. Art, Dec. 21 Sails Dec. 22 Art. Dec. 30 Sall Doc. 31

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

"President Fillmoro" "President Tyler"

Arr. Dec. 27 .......... Arr. Jail. 24 ROUND THE WORLD

Salls Dec. 28 Salls Jún, 25

VIA MANILA, SINGAPORE, COLOMBÓ, KARACHI, SUEZ, PORT.SAID. ALEXANDRIA, NAPLES, MARSEILLES: GENOA, NEW YORK and BOSTON

"President Monroo" "President Buchanan"

In Port Arr. Dec. 15

Sifils Dec.

Sails Dec. 16)

TO JAVA & STRAITS

"President Tyler"

Arr. Det. 18

Opposito Star Ferry

Salls Dec. 20 Tel. 28172/5.

BEN LINE

SHIP

"BENRINNES" "BENLAWERS" *"DENARTY"

"BENORUACHAN” "BENLOMOND" "BENVORLICH" "SENYRACKIE" "BENCLEUCH"

SHIP

1"SENLAWERS”.

"SENCRUACHAN" "BENCLEUCH"

"BENARTY"

"DENVORLICH"

PAK EASY

ARRIVALS

*** FROM

Gingapore.

U.K. VIR

DUE In Port In Port

1st Dec.

10th Dec, 27th Dec.

новая думалася

SAILINGS

τα

London, Rotterdam,

"à Hull.

Antwerp, Hamburg

Liverpool, Glasgow, Dublin, Antwerp, Rot- terdam & Hamburg.

Via Malaya, Catonibo, Adan, Port Sudan,

and other Way Ports.

3rd Jan.

6th Jan, 16th Jan, fi

LOADING

K Whart

10th Deo. 20th Jan.

20th Dec.

JAR

8th Jan

* Accepts Cargo for 'Japan. † Accents Cargo for Colombo,

For Further, Harticulars, Apply To-

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

York Building.

Agents

Telephone: 34105.

THE EAST ASIATIC CO., LTD.

S.S. "NIKOBAR"

LOADING ABOUT 10th DECEMBER

SAN FRANCISCO, LOS ANGELES, PORTLAND, SEATTLE

-&. VANCOUVER

M.S. KOREA"

LOADING ABOUT 14th DECEMBER

ADEN, FORT SAID GENOA, ANTWERP, ROTTERDAM, HAMBURG, 0SLO, GOTHENBURG & COPENHAGEN

Tonks avaliablé Zor, the carriage, of 6ll in bulls

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

Tel. 34111 & 34115,

KLAVENESS LINE

colleagues, are making Important in the godown where they will contributions to original thought be examined in the presence of and nation. United, they will Messrs. Goddard and Douglas succed in fact they are succeed on December 8, 1949, at 10 M.S. Jing; hé:said. *!

KULTTU

NOTICE TO CONSIGNEES Honded Warehouse Regula To comply with the General

S.S. “EURYPYLUS”

Lions, consignees must havo la Revenue Officer in atteridanțe Damaged

cargo ex this ven- when examining damaged duti sel will be greyed of Holt's ble goods. All claims against Whars between 10 am and the vessel must be presented to noon on Detembet 3 and 0, the Underlined, within four- 1949, and consignees, are ra-đóên đays of the ship's arrival, quested to have their represshe, de they will not, be recognised. fatives present during the sur

No fire

Morance, will, ho]

BUTTERFIELD & WINE,

SAILINGS

- Direct to Los Angeles, in 16 days Thonca,

Seattle & Portland San Francisco, Vanco

CASTLEVILLE”. 5. “BOUGAINVILLE”

M.S. M.S.

2nd: Doc.

29th Doc.

22nd Dec.

21st Jan.

·ARRIVALS FROM PACIFIC COAST

NYVILLE? NCISVILLE'

to Singapore, Port Swettenham,

Delawa

Chinese Freight Agents,

24th Dec.

oño 34177-

Novembe

200 100

HOO FODK

Kior's Building TestS

(CHINA) LTD. THE BANK LANE, (CRIBE))