1949-12-22 — Page 10

ROYAL

INTEROCEAN

THE CHINA MAIL, THURSDAY, DECEMB

FINANCE

AND COMMERCE

ELINES ANGLO-U.S. TALKS ON

OIL TRANSACTIONS

JAVA PORTS and MAUZSKAI

"TJITJALENGKA"

"TJIBADAK”

BAILINGS

Jeth Ján,

SAILINGS

MANILA

"TEGELBERO"

TJIKAMPEK”

"RUYS"

29th Dec, 25th Jan.

ARRIVAL

31st Dec. 12th Jan.

ARRIVALS

23rd Feb. 251h Dec.

SINGAPORE, PENANG and BELAWAN DELI

“TJITJALENGKA*

"VAN HEUTSZ"

*THBADAK"*

* Calling Singapore only.

SAILINGS

ARRIVALS

5th Jan.

31st Dec.

12th Jon.

7th Jon.

19th Jan.

12 Jan.

EAST & SOUTH AFRICA & SOUTH AMERICA

"TEGELBERG“

TJIKÄMPEK"

"RUYS"

-TJISADANE"

RAILINGS

ARRIVALS

29th Dec.

25th Jan.

23rd Feb.

25th Dec.

7th Jan.

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

. Dar-Ex-Salaam and Zazz/bat.

JAPAN

ARRIVALS

SAILINGS

"TEGELBERO”

28th Dec.

. 27th Der.

7th Jun.

9th Jan.

"RUYS"

TISADANE"

Agents: HOLLAND-EAST ASIA LINE

EUROPE via MANILA and MALAYA

"RIDDEBĖERK"

"LANGLEBSCOT"

SAILINGS

9th Jon.

Early Feb.

ARRIVALS

Mid Jan.

Transhipment cargo acre pled on through B'x/1, 10,

Mediterranean and Northern European ports.

"RIDDERKERK”

"LANGLEESCOT"

JAPAN

SAILINGS

ARRIVALS

22nd Dec. Mia Jan.

8jh Jon. Eurly Feb.

KING'S BUILDING:

TELS 28015 to 28017

CHINES AGENTS: 82. Connaud Rb. C Tris 31/96-25133

LA RAMA LINES

DE LA

ARRIVING

VIA LOS A

MV. “DOÑA ANICETA

MY. "HALLAND

MY. “TRAVANCORE”

LES

ATLANTIC COAS

SAN FRA

In Port 1st Jan. 30th Jan.

SAILING FOR U.S. ATLANTIC COAST

+ VIA LOS ANGELES

M.V. "DONA ANICETA"

21st. Déc

THE DE LA RAMA STEAMSHIP CO., INC.

(Incorporated to "the Philippines)

MARINA HOUSE Telo. 23676678

CHINESE SHIPPING OFFICE Tein. 25735--2015)

AT YOUR

SERVICE

NEW EXPRESS

TO HONG K

Effective with

guration: of an amended

days "dervi

from

to Hong Kong.

shipp

* The FIONEER LINE fleet of fifteen now. "cargo carriors' is always at your värvito

whon placing your orders for khlumont, specify AMERICAN PIONEER LINE.

Your inquiries are invited UNITED STATES LINES COMPANY Queen's "Building * Telephole: 31261

giber offices insprincipal; andia and Telliap..

throughout the world

Hong Kong Stock Exchange

TA

There was not much to report

and morning. yesterday were prhetically unchanged.

4

H.K' GOVT. LOANS Banga.

* Chums (3084 & 1940) 100 24 I (1047) 109′′,

BANKS Karke 1870

£236

lam. Reg. n Chartered Bank 1 3/10, Mercantik Bank A. & 13. Dash of End Ayda 10

INBURANCEN Chabert Jan, 2001, Butoa 3TIM dab, et

Ulerweiler Bign HK Fure km, 216m.

KNITTING

Doupisses Econ.

16

Stenbents in Jl PT.) W, 44

Be p Apli

Un

Broper] CA/1. Waterbens 17

A. N. 112148

roles

DOCKS, WHANVES, GOTOWNS, Rue. 1 K AK Whavi 12AN,

Neath Poha Wharves 1700.

Khanghai Hongkem Wharves 182.

JK Bock RO

China Pro 120 Shanchal Birkyarılı Afih. Vi Wheilorke 111, 52km.

MINING

Raul Hines Ja 3K Mine G11.

SAND, HOTELS & BLDAN, 1. 8. strin 11. 12.

11 K. Land (91yh.

Banshu and 2 54, 24

Humphreys #b

HK Realien 2 19

Churie, states 140.

PUBLIC UTILITIES

HK Tramways 18:30, 26an.

Ph Trams (0) TM

(Ne),

Star Ferries 021.

Lurbi

(330) 77,095, 13.39, 12/12.10/12mm.

Now, ob, .

.

HK. Eleiflex 29144, 41, 89JA. Mueno Electric 21.

Bandakan Dahin in. Telephones X.D. J.

Shanghai Con '1.

INDUSTRIALA

Calt Mnca. (bed 20, n. Calton fee 255.

Lepsents 24.

24 X Kope 1995

STORES. Etc.

Dairy Fartom 46920, #3kána,

Waters 47, 47349, 47/47 lá an

1. Crawfurde 19.

Bincere 4.40m.

Chibi Ymporium 106,

Bus Co, Lid. X.D. 1.45. Ктора Бале 1926.

Wine On (..) 12.

Win. Powell. 1.4. Dan.

MISCELLANEOUS China Entertallíṁéuža 1475b. H.K. Constructions (Old) Teun,

(New) 150.

Vibro Pilings

Mersman Ayestaiente 0/-, Mareman (M.K.)-KOM. Shangbo LD1% Yangiatės 494.

Eros 7.1.

COTTONS

RUUDEN, Ele. COMPANIES Alma Bejake JFD. Anglo-Dutch J.

Anglo-Jaya Ip.

Batu Anamn 20p.

Bute Plantationis 40m. Chemor United 100.

Cheng Rubbera 305,

Consolidated-Robbers in. Dominion Rubberz 1n. Lángkkja lyn. Bepah Rubbers län. Rubber Truss b. 1. Bomag Rubber cob. Bemán Rubbers' th Shangbai Redálo ̈2355, Shanghai-katoys 120, Bhanghai f'akang 12in. Bhanghat Bumatraá'in. Banget Burls 18%. Tangh' Merah**600. Tebang Huhhers 20. Zlangpe Rubbers.In.

BARTER

PACT

20.

London, December 20

night

The Ministry of Fuel and Power announced tonight that the British and American Governments are. discussing the problem of the dollar drain on Britain and thỏ rest of the storling orpo aris-

from oil transactions. Ing

The dollar drain for oil is larger than for any other

item.

For the year 1950 it had | been estimated on the basis of current prices that the

HK AGREED

net dollar outgoing would MERCHANT RATES

Minimum Duying.

1/11/10 1/2 20/52 T.T

amount to $625,000,000, pf which $350,000,000 would

Maximum Sejling. Have arisen from the opera-Sterling tions of American oil com panies in Britain and the rest of the sterling area, and| $275,000,00, from the world- wide operations of British companies.

The former relates to the pll which American oil companies sell to the sterling area, ut present about 13,000,000 tons a year.

1/2 8/1 .D.

1/2 1/2 20 d.

Sterling (R&B Africa? I

2/2 10/14

113-10

1/3 6 and DO dnyn. 1/0 1/92 1211 dago.

1/3 6.D. under

1/Credit 1/4 1/10 Q.P, with

1./Cresth 1/32nd up every

10 y

1/2 1/10 b.D, it under

L/Great! 2/3 1/4 i}, without

L/Cretli 1/32 setery

The later, which has already Sterling (W Aries & W India): been substantially reduced, is the dollur element in the Cust of producing and distributing about 1,000,000 tons of oil, of which more than half is marked out- mitri side the sterling area for needed forelko currency.

As a result of increased pro- duction and the maintenance ul restrictions on consumption, Bre tish oil companies expect to have!

surplus available in 1999 rofne bl), over and offove what will need to supply tlier ablished markets.

Hupee indiati

12 1/4

thry CSL-

Flupers | Aden) 1

12 1/4

A Ministry statement said that, "In view of the 'doillis defteit of the sterling area, Hla

Majesty obliged

10 Government were adopt a policy of requiring oll the Above- imports to absorb mentioned surpluses drawing supplies

sources.

1/4 TT. 83 1/2 0.D.

дру Стодея

BS ART And 30 days,

ka 3/4 on Joyn sau

a days.

* 7/ .. Sf under

L/Credi

at 0,D. wphong 1./Creellt, 841/ 3d C days.

Rupees (angover) |

*2 1/

** 1/16 TT.

8 10/16 0.11.

na 10/10 7 end 20 days

1/120 days.

84 1/10

before Rapter (Pakistan) doiltrat from

Biggest iton

expect

"By thla mpanɛ wa to achieve 1⁄2 kaving of five ta 10 per cent of the above wet dollar outgoing in oil in 1980."

Britain's dollar spending on oil is bigger than any other single item. For British experts to see no way out of the total re- placement of American '(uét ol)

Haley:

B7 11/14 7.T.

17 / 0.0.

days

61 5/0 0 and 10 days.

15 1/4 39 days.

bz' /

63 1/8 T.T. and 13).

SI Tile Co dar

DF Deilpr

17 1/4

Canada)

## $5/10

1/621/18

In Britain by sterling area fuol Australls: oil under the new policy.

The British-owned refinery at Abadan, in

1/2 13/10 Persia, has been New Zealand:

pumping fuel off into the ground white Britein has been spending dollars for American fuel oil.

Observers zaid that Britain considers the decision purely a

pr short-term policy

saving dollars, while the American com panies regard it as being linked with the long-tarm question of shares in the world oil market. '

13 1/18 T.T. apá 9.D. 17 1/2 30 days.

17 5/16 co and DG daye.

10/15 T.T. and OD..

1/0 2/4 T.T. 1/4 1/10 0.0.

1/01/14 T 1/8 1/8 0b.

9. tur

New York Stock Exchange

I)

New York, December 20 Closing stock exchange quit

trons

Adems Express 22% Alkoka Juneau 31⁄4 American Can 100% American Telephone 140 American Tebaren 74% Annconde Copper 201⁄2 Aviation Corp. §1⁄4" Baldwin Locomotive 104 Barnsdali 65

Eendix Aviation 33 Bethlehem Steel 91%

Booing Alteralt 23

Borden Co. 48%

Canadian Pacific 14%

J. Y. Cas 30%

Chrysler 04

Colgate 42

Commercial Solvents 18%

Corn Products 0%

Du Pont 005

Easman Kodak 47% General Electric 414 General Motors 082 Goodrich 68 Goodyear 41

Homestake Mining 441 International Harvester 2834 International Paper 67% international Tel & Tel 9 Johns Manville 6434 Kennecott Copper 50th

Ward 34 Montgomery

National Disilliers 22 National Lead 37% New York Central 10% Packard Motors 34

Pan American Airways h Pennsylvania BR 14% Itadio Corp 12%

Remington Rond 11% Republic Steel 23

Reynolda Tobacco 37% Schenley 28

Beats Roebuck 43 Shell Oil 88K

Socony Vacuum 17

Southern Pacile 48%

Standard Brand. 20%

Standard of Calit. 0514 Standard Oil of N. J. 60 Studebaker 2444

Union Bag 274

Union Carbido 44%

05 Rubber 371⁄4

US Steel 23%

US Liner 15

Westinghouse 31%

Youngstown Sheet & Tube 70 Gen. Prib. Utilitlen 16

wero

Curb 'prices were downward. Northrop Aircraft und Aluminium

ol Anierican Company

Raytheon' Manufacturing higher. and Cities Services were lower. Rail bonds appeared levelling off after seven days of upward move- ments-Associated Press.

Money Market

US dollars moved up to HK$ 6.67% at the close of the market yesterday. The opentag rate was $8.53%.

LONDON STOCKS ed at 66.02.

London, December 20. Tobacco and department store shares showed mild strength to day in a generally quiet session of the Stock Exchange. Blue chip in

TT opened at HK$8.00 and clos- Sterling moved up five cents to HK$10.25,

Austrailon pounds, tob, were

at HK$12.58. higher

Plastres were again nomina) u*; HK$18.30 a 100.

were unchangud Ticals HK$27 a 100.

at

In London's ylew Britain abdustrials recorded segitered gains,

dropped from immediately save every possible British Government isues sagged NE! Guilders

mudly for the "Recoild day in 9 HK$22.70 a 109 at the opening to dollar-Router.

row, but toshed were held to naj $22,20 at the close. more than 174 point.y

Shipbuilding slump în UK

London, December 21,

A British union official predict- ed today United Kingdom ship- yards will have to lay off 75,000. Workorn by 1951,

Mr. E. J. Hill, General Secratury

of the Boilermakers Bociety, ald

15,000 slip repair men were dut

The Financial Times' index of ------ London stocki was -108.0, un- changed-Associated Press.

100 g, statlan,

NOTICE TO CONSIGNEES Consignges Par STATES STEAMSHIP COMPANY

95. "MONTANA”

of jobs already, and advised union the hereby notified that their

members:

MAERSK LINE

NOTICE TO CONSIGNEES

* 5

The M/V "MARCHEN MAERSK" having arrived from New York and Forts of calls. Consignges of Cargo are hereby notified that their goods are being landed and placed at their risk and expense Into the Hong Kong & Kowloon Wharf & Godown Company's

Farve: being discharged lato

Hongkong. Kowloon godown at Kowloon, where delivery may be obtained as Unless orders come in more whoff Godown Co's godown soch bs the goods are landed. quíanly, 18gris going to be 101 London, December 21.lean year, and probably the be- where it will be at Consignees The draft of the proposed ginning of a serious shipbuilding risk and subject to the Wharfs Optional cargo will not be

this-country,”

terms and conditions of stores, Ignded here, unless notice, Has Philippines Thailand bartor trade | Blymp"in"

and where delivery may be been given 48 hours prior to agreement will be submitted Mr. Hill said 24 British ship-tolned

vessel's arrival, but carried pn froin port to port to the final yards out of 37 have ng new orders MAGENT

port of call to which the option The draft, which was prepared for 1081-Associated Press, by Alplomalle, Anane.

extends.

shortly, to President Quirino for his approval.

mercial

proved by this. No

mic Council with

of

tian

proval. Unifica

and com

SHIP MOVEMENTS

י,

The m. Great ferubilo" (V.211, fedde

mbored to Buy A-10 for diaghanging/lead.

Ing of her pafton

:

*

No claims will be admitted

* Daraaged packages are to be left in the godowns for exam Ination by Consigners and the Company's Surveyors, Medars: HOPS FOR JAPAN Carmichael & Clarke at 10 am offer the Goods, have left the 27, 1949, Codowns, and all goods, re- on December

maining. Declimber. 21.

undelivered after with bort hops for beer. To comply. General December 29,1049, will be

rinthine parts Bonded Warehouse: Regulations, subject to rent. A inder the Inew

Consignees must have transactions' al-

venue Oficer MacArthur. When damakad pý

merit.

pon will

one

are are examined.

of hope

The colle, expected the UK GIVES LOAN

Okfhawarrat" 7 ani, konotrow, A

attendance

All broken, chafed, and anthaged Goods are to be left In the Godowns, where they "will be examined on Dedein- Imitted ber. 28, 1940 ot. 10a.m. by Na claima will de after the goods have left the our Suryovers Messrs. Goddard steamer's godown, and all goods & Douglas.

undelivered after To comply with the General 040. Will E Bonded Warehouse Regulations

pansignees must have a Re venue Officer in attendance when damaged dutiable goods aty examined!!

subject to renta

All claims against the stea- mer ust be presented to the Und

∙January Londen, December 21 not be recognized Treasuryomiclatsend that Britain has granted Iraq a Joan

No fire Insurance will be

of bub doo, Negotiations were effectd: conducted in London

Details of the arrangementa were not disclosed its tinder- stoba, however, that the Tunds

All claims must reach us be- Cry foreJanuary 22, 1950, for

they will not be recognised.

No Insurance will be effected.

MJEBSEN & COUN

DODWELL & co LTD

Los Angeles, December 20. The Javanese Prince suffed for San Francisco and Mahatouny The tanker Mission Santa Bar Barn Farrived of End Frunches on Monday coth Kokoliami. The Dahlin Molorship Amold Maersk sro to be and thrfinancing the Hong Kong, Dec. 21, 1039, aailed on Monday for Manlin requiements "of the -"KEBONIKKORI 'FFUAN."

PS FORUMUnited: Prefs.

Hight Kong, Dec. 22,

TO HONOLULU & SAN FRANCISCO

Via JAPAN

"President

"General Gordon' "President Cleveland"

Wilson'

.Arr. Dec.24

Arv. Joh. 18:

Sally Dec Sally Jone Ballh

TO SAN FRANCISCO & LOS ANGELES via JAPAN

"President Madison”. "President Plerco"

Arr. 'Dec. 30 Salls Dec.

02 Spilu Jan. 30 Art. Jan.

་་་

"TO NEW YORK, BALTIMORE & BOSTON

via PACIFIC COAST PANAMA

*President Fillmora” "Prosent Tyler"

1

Arr. Dec. 28 Arr. Joh. 24

Saila Dec. 20 Helle Jun, 25

ROUND THE WORLD

VIA MANILA, SINGAPORE, COLOMBO, KARACHI, SUEZ PORT "SAID, "ALEXANDRIA, NAPLES, MARSEILLES. GENOA, NEW YORK and BÓSTON

"President Harding"

"President Van Buren"

"President Tylor"

Arr. Dec. 26 .Arr. Jan.

H

TO JAVA & STRAITS

Opposite Star Forty

Saila Dec. 28

Sails Jan. 19

In Port

Sails Dec. 22 Tel. 38172/8.

BEN LINE

FQ, AND

FAR BA11

DUR

FROM F

SHIP

ARRIYALS

FROM

U.K. vla 'Bingapore.

6th Jan,

6th, Jan.

16th Jan.

Fist Jan,

"BENVOKLICH"

"BENLOMONO"

"BENVRACKIE"

"BENOLEUCH"

"BENDORAN" "BENMACOHUT" "BENAL DER!! "BENMOHR" "BENAVON"

SHIP

"BENLOMOND" "DENOLEUCH" "BENALDER"

"BENYORLICH"

"DENVRACKIE” "DENMOHR"

"DENMACDHUI? "DENAVON"

SAILINGS

London, Antwerp, Rotterdam,, Hamburg

*a Hüll.

Liverpool,

Glasgow,

j 27th Jan.

10th Feb.

12th Feb,

28th Feb.

·LOADING 4th Jan, Roth Jan,

7116th Feb.

Dublin, Antworp Ath Jen.

Havre.

•Gender Avonmouth,

London,

- Hamburg -&-Hull,

Liverpool,

10th Jan.

Rotterdam,

10th Feb.

21st Jan.

Dubijn, Havia and Antwerp.

28th

Via Malaya, Colombo, Aden, 'Porė Bu

and the Way Porta.

"Accepta Cardo Top Japan.

For Further Particulars, Apply T

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

Telephone: 341ES.

THE EAST ASIATIC CO., LTD.

M.S.

DANSBORG

LOADING ABOUT 2nd JANUARY

for

ADEN, PORT SAID, GENOA, J ANTWERP, ROTTERDAM, HAMBURG, OSLO,

GOTHENBURG & COPENHAGEN

M.S.

BINTANG"

LOADING ABOUT 2nd JANUA

ME FOR

FUSANG JAPAN'

vig MANILA.

THE EAST ASIATIC CO., LTD.

Queen's Bldg 2nd flo

KLAVENESS LINE

SAILINGS

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

M.S. “BOUGAINVILLE M.S. "SUNNYVILLE”.

MIS.

Portland

ARRIVALS FROM PACIFIC COAST

M.S. FRANCISVILLE":

29th Daż.

29th Jan,

*25th Rega

21st Jan,

27th Poca

Sailing to Singapore, Port Swettenham,

Ponan

ldwan & Edlavia:

M.S. “SUNNYVILLE”

Fallenges Accommodation...! Olinese Freight Agents, WESTOON FOOK

King's Building, Tel. 7762.

THE BANK LINE: (CHINA) LTD. ITH BINH LINE (O)