1950-02-08 — Page 18

THE 'CHINA MAIL, WEDNESDAY, FEBRUARY 9, 1930.

FINANCE

AND

COMMERCE

NT

ROYAL ENTERO CLAN CENES

SINGAPORE, JAVÁ

PORTS and

MACASSAR

"TJITJALENGKA"

"TJIBADAK"

"TJISADANE"

"VAN HEUTSZ"*

• Only to Bingapore, Penang, Belawan Doll.

MANILA, EAST & -SOUTH-AFRICA-&-

SOUTH AMERICA

ARRIVALS SAILINGS

Oth Fob.

10th Feb.

10th Mar.

21st Feb. 21st Mar.

23rd Feb.

BRITISH SCHEME TO

OIL DEADLOCK

SOLVE

Hong Kong Stock Exchange

New York, February 6. Great Britain has proposed a schome to allow American oil companies to deal in Sterling to a limited extent as part of her answer to the storm over the exclusion of American-owned oil from Sterling markets, the Journal of Com- merce said.

"The proposal, it added; was filed with the United

States Government last week.

It represented the first in- inciplent Improvement dication of British willingneng appears to be selting in.

ullay

"RUYS"

"TJIPONDOK"

10th Feb,

"STRAAT MALAKKA"

12th Feb,

An

"DOISSEVAIN”

17th Mar,

3rd Apr..

JAPAN

+

4

HK. GOVT. LOANS

107.

11th Fab. 12th Feb. 19th Mar.

"HUYS

"TJIPONDOK"

"OTRAAT MALAKKA'

"ODISSEVAIN"

•Agents: HOLLAND-

EUROPE via MANILA

and MALAYA

"LANGLEESCOT"

"HEEMBKEAK"

Titrough BI/L istudd to

Mediterranean and Northern

European porta,

"

JAPAN

"LANGLEESCOT"

"HEEMSKERK"

1st Apr. ❤

-EAST ASIA LINE

ARRIVALS SAILINGS

12th Feb. 27th Feb.

In Part

But Loma (1948) Won.

DANKE 1.K. A B. Bak 146, 1800pm,

on, Ree) 219%.

Chartered Bank & 10/10

Meranti Bank A...✯ II. £#n. Hook of East Asia X.D, 1934.

INSURANCES

Canton tre, 3192.

Emina Enx, #Jul.

Chines Underwriters in,

H.R. Fire Tom, 210n.

BHIPPING

Douglases 2001;

M.X. & M. Stamonts 11n,

- Polo Things (Pref.) 6975n,

teha 2kun,

Shell Heart) £5/1.

Video Waterlooty 254,

to compromise and to American fears that Britain:

was seeking to have American

CHINA AGAIN

ORDERS TO BANK OF CHINA

San Francisco, February 0.

Peking Radio reported to- night that the head office of the Bank of China had in- structed its Tientsin branch: to resume immediately busi- ness connections with the 10 overseas branches, agencies and sub-agencies.

These branches, agencles and sub-agencies had declared thời they willingly placed themselves under the direction of the head nese and the Motherland in im- and export trude," the Radɔ

metgeschrestone BUYING COTTON scenes allo

over to British corporations,

bad

on the cotton

Pid.

The 10 branches and agensiza

ns follows: arc

The London brandi, the Hong Singapore

Senior United States Govern- Washington. February 0. ment officials who had been Trude quarters turned opti- studying the British plan, nimistic today the Journal of Commerce,

situation and thought that described published newspaper reports that London's proposals

ls shipments for the full season Kong branch, the called for the transfer of Ameri- may exceed the 4,000,000-bales branch, the Kuala Lumpur Bad can-owned foreign off operations expatted the previous season. Penang agencies under the Singa- and sales in the Sterling Area to 31 was said China is again buy-pore branch, the Calcutta agency, British control and taxation as “e

ing cotton, with expectations the Rangoon, Bombay, Karacli complete myth".

that shipments will move into | aad Chiltogong sub-agencies

extent

THICKS, WHARVES, GODOWNR, Eu: come for certain speelfied goods of buy HR., Wharves 1160,

12th Feb.

2ict Feb.

9th Feb.

Asla Nuv, 10.

North Paint Whuurvm 591,

hanghai Hutrkew Wharvem 10m.

**B., Dock M.

Chica Providenka 11.408,

ZIKINGS" BUILDING, TELEPHONES!+280) 5\"TO SCHOLTER:

"CHINOSE AGENTSŐ BEJEONNADĞÜT MAD.C". Fran; "firm;~25133°

AMERICAN PIONEER LINE

to and from

Atlantic Coast Parts of

the United States and Far Eastern Ports

NEW FAST CARGO SHIPS

ARRIVALS FROM ATLANTIC

"PIONEER DALE"

"AMERICAN REPORTER"

Ja Port .Erb. 2

"PIONEER LAKE"

.Mar. 12

SAILING TO MANILA

"PIONEER DALE”

"AMERICAN REPORTEL"! (Pusan, Yokohama) "PIONEER LAKE" (Keelung, Fusan)

.Feb. 1 Feb. 28

..Mar. 13

SAILINGS TO NEW YORK, BOSTON, BALTIMORE, PHILADELPHIA vla JAPAN & PANAMA CANAL

APIONEER BAY"

"PIONEER DALE"

. In Port ...Arr. Feb. 20

Salls Fch. 8 Feb. 22

"

""AMERICAN-REPORTER"- Mar. 25-,,-Mar. 27.

For ratos, special Information coll

UNITED STATES LINES

squeens Bldg..

COMPANY Tel 28196

The abere at Indicates the principal parts of loading and Blacksip presently falended, but mut their rotation. For further informá

mea schedals at the Campany's OBes

Jam

U.S. ORIENT MERCHANT LINE.

BHIP

.."CLEO"

.. "DINGWALL"

*.. "ANDREAS"

. "AGATHI"

. "NORLAGO"

+

ARRIVALS

FROM

NY. & GULF PORTS.

NEW YORK.

GALVESTON.

EAST COAST/USA.

GALVESTON.

เป

DUE

9th Feb.

Khanghai Horkyard 40

Wheelocka 291, 29an,

MINING

Raub Mins 650.

I.K. Mine witým

LANDS, HOTELA & BLDG8.

& S. Botels. 111. JK. Lands AND, ZUM, Shanghai Landa 1.10.

Humphreys 20, 11. H.K. Realis 2.

Chinese Plate 1250.

PUBLIC TILITIES

H.K. Tramways 14.408, 181560. Frak Trate ( 185,

(New) Pn

Star Ferries Din.

C. Lt (!) 21.5G.

(New) 16:, 8.50€, A.65/.68«m.

., Electrica 2011b, 30a, 24/290; **.

neug Electries 23.

Sandekun tigh dân.

Tolerbomas 38.......... Shanghel Ga 1.

INDUSTRIALS Calif. Mace. (Oril.) Zion. Choton Iten 1iện, Cements 94, 2315/2018, IK. Rope Blan

STORES, Etc. Dairy Farme 2014. 4бn.

Watkema 484L, 47YORK,

1. Cinwfords 8X, Sinceres 3.40b,

China Emporium 265.

Ben Co., Ltd. 2,00), 21⁄444*, Kwong Bandt Hong July

Wine On H.K.) 52.

Wm. Pawel, Lid. P1⁄4k».

MISCELLANEOUS China Enitialamenta 1614.

K. Cructions (Old) 2.40m.

*(New) 1.30h, Vibro Pinge n.

Maraman Investments B/n, JRTAMAR H.K.),

- Shanghai - 1nen-1,805,-

Yangluwen 476m

Ewon 6.

COTTONS

RUBBER, etc, COMPANIES Alma Estate 19n.

Anglo-Dutch 30,

Anglo-Javás In,

Isatu Anama..255.

Bute Pantallon Mon

Cheng Rubbers .10.

Thominion Flubbers

Langkats 15.

Chemor United 201

Convalidated Rubbers In.

on,

Regal Rubbers 16m.

Rubber Trials #e,

Bamagaan Itubbera „608,

Semambu Rubbers Apa,

Shanchal Kedahu XD, 2%, 2%,

Shanghal-Melayu 12.

Abisskat Pehram 60n.

Shaoglani Bumatras 1600,

Sanjari Perk 10.

Tanna Meraka (30n. Tebong Halbera .150,

Zlunghe Rubbers 1a,

Money Market

so far

SHIP MOVEMENTS

“ፕሮ Labour Government's China so long, as the British keep which come under the Coteutta pind, the Journal of Commerce Chim, it was posted glat open. agency

"would simply allow Amer-

China, was reported, has pur-

The Tientsin branch has iran

companies to sell their all in chased over 100,000 baies of U.S. resumed direct remittance busi- the Sterling Area

cotton so far this season.

ness with the Hong Kong and (or poundis Indla was sterling-but only to the

reported to have Singapore branches.--Reuter. that they can spend such Sterling already purchased 175,000 bates or U.S. cotton and was expected and services.

acklitional 50,000 to "No

100,000 butes of short staple cot- accumulation of Sterling ton. Assuciated Press. (even unconvertible Sterling) Is to bu

be permitted, however, and no convertlbilly into dollars. In effect, the American companies would merely be nitowed 10 barter their oil for certain Ster.

Area pools and services," State Department ofcials 19- day said that they not yet for- Imulated their views upon the

talest British proposals,

Complex matter

These officials said that

the Latest. British proposals were much better than anything they had seen previously.

UNEMPLOYMENT

IN GERMANY

Bonn, February 6.

Seattle, February' 6. The Nikobar arrived Trum Manila. The Arousidrio arrived Irom Yokohama,

Lo Angeles, Ship arrivals: The Philippine Bear arrived Mon- day from Zokobamu.

San Francisco, General Daniel

sport arrived Monday from Mission Dc. Yokohama, Tanker

German unemployment figures. Sultan and Hongkong Tran- shot up by nearly 340,000 " ląst month to a total on January 31 of 1,007,790, according to official lords arrived from Yokohama,.---` statistics Issued here today.

The total at the end of 1949 Associated Press. was 1,558,500.—Reuter.

WORKLESS IN U.S.

Washington, February 6. Unemployment in America

They said, however, that the question was complex, and was one requiring considerable far- ther study by the American departments involved and fur-jumped 991,000 in January, send- ther discussion by British and ng Le number of jobless to 4- Ambrican officials.

480,000 the highest since the war, Other oficials described

the Secretary of Commerce, Mr. ns Charles Sawyer, fair summary an account Riven Iteuter. in the New York Journal of Commerce of the British

pro- posals.

2

U.S. TREASURY

Washington. February 6.

Treasury position on February

as compared with the corres- ponding date a year ago:

Total debt $258,840,532,163.20 and $252,574,508,700.46.

Gold assets: $24,344,051,084.13 and $24,278,537,903.82.-Associat- ed Press. announced —

NOTICE TO CONSIGNEES Consignees per AUSTRALIA-WEST PACIFIC LINE

M.V. "CITOS"

NOTICE TO CONSIGNEES ISBRANDTSEN STEAMSHIP

CORPORATION

5.5. "FLYING INDEPENDENT"

Yoy, 13

The British officials have under consideration the possibility publishing these proposals shortly, British proposals, as out- lined by the Journal of Com- merce, would allow American companies to sell their oil in the Sterling Aren for pounds sterling but to the extent that they

can are hereby notified that their From USA, via Ports & Suez spend such Sterling for certalo cargo is being discharged into specified goods and services.

S.B. "FLYING INDEPEN- No accumulation

the Hong Kong & Kowloon DENT", which arrived front Sterling Wharf & Godown Co's godown New York on February 1, 1950, would be permitted and no con- where it will be at consignees whilst en route and at Kow- vertibility into dollars would be

of

allowed. In effect the American risk and subject to the Wharf's loon Wharf No. 3 in port, had compantes would merely be alterms and conditions of storage, fire in her No. 4 hatch, as a lowed to "barter their oil for and where. delivery may be consequence of which a Gen- certoin Sterling Area goods and obtained.

eral Average has been declar. services-Reuter.

ed, Damaged packages are to be left in the godowns for ex- A security for General Aver- amination by Consignees and age contributions is to be fur- Londor, February 0. British Government bonds sag-Metors. Carmichael & Clarke required to sign

the Company a surveyors, nished by consignees who are ged in a quiet session of the Lan- at 10 a.m. February 10, 1950. Bond and to make a deposit an Average

LONDON STOCKS

"

don stock exchange today. Private issues were idle and irregular.

in United States Dollars equi-. Losses in the Government list

To comply with the General valent to 25 (twenty-five) per- ranged up to Ave-eighths of a Bonded Warehouse Regulations, cent of the cif value of the pound.

consignees must have a Re- goods. The Financial Times index of venue Officer In attendance 104.2 was unchanged.-Associated when damaged dutiable goods Press,

are examined.

NY RUBBER

New York, February 6. Crude rubber number ann futures closed 19 higher to five Howar. Sales were 64 contracts.

March

10.48-49 + May

18.76-80

July

September

18.25 biti i

18,00

The vessel has discharged her cargo into lighters for final No claims will be admitted Kowloon Wharf and Godown storage in the Hongkong and after the goods have left the Co., Ltd. and Messrs. Anderson steamer's godowns, and all & Ashe has, been appointed to goods remaining undelivered act as Surveyors in the inter- after February 11, 1950, will be est of all concerned. subject to rent.

Consignees are requested to All claims against that furnish Valuation Statements steamer must be presented to in triplicate and, subsequent 0.51 Fostering Efter opening at sheets 19.14 nominalAssociated February 18, 1950, or they will posit and signing an Aver- 1 ribbed smoked the Undersigned on or before to paying the required de- 3645, pud closed at $0.484.

US liars went up to HKS- Spot No.

ABL

16th Feb.

23rd Feb.

Press.

Tit Mar.

TT opened at HK$0.4015 and - closed at $0.52 12.

14th Mar.

44

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

York Building

AGENTS.

t

age

not be recognised.

issued Bond. will be with a Delivery Order. Con- No Fire Insurance will be algnees of damaged cargo are effected.

advise in their own interest not to take delivery of their cargo before same is surveyed.

LONDON TIN Storling went up to $15.33. Australian pounds operied (ati

London, February.6. |HK$13,20 and closed at $13.25. The tin market was firm. Cash Plastres reminined nominal Pattin rose 2/64. to £689; 15:0 bid,

$12.05 a 100.

£600 asked. Ninety-day futuros: Ticals were unchanged at HK$-rose 12/8d. to £584 bid, 2004: 38.50 a 100.

10:0 asked. NEI Guilders want up 20 cents Total turnover was 35 tong Hong Kong, February 5, 1980. Cash in United States Dollars

Tel. 24185

to HK$22.00 a 100,

DE LA

RAMA LINES

S.S. DONA AURORA

Arriving in Mid March

from

ATLANTIC & PACIFIC COAST PORTS

viu MANILA, ILOILO & CEBU

BUTTERFIELD & SWIRE

1. Connaught Bygg, 45

Tol, 10381-

Associated Press.

DODWELL & CO., LTD, Agents

Pacific Far East Live Inc.

"NEW WORLD VICTORY”

"JULIAGLA

"SRA SERPENT"

"CIONA

Fast Regular Trans-Pacific Service

"LOS: ANGELES

"De full-particulars call. Generaj

OVERLAND

DIAN

NEW YORK-CHINASO: MONTREAL AND ALL AMERICAN

Angelos

Deposits will be required in

or by Demand Draft made out to the order of A. P. Pattison & Company :

Date of survey of damaged Cargo will be announced later.

NOTICE TO CONSIGNEES

M/V "HALLAND",

Damaged cargo ox this vessel |will be" durveyed by Measta. "Goddard & Douglas At Holl'a Whart from 10 han, on Febru- ary fand 8,2050, and coh- [signices are requested to have, their representatives. present during the survey,

BUTTERFIELD & SWIRE,

The Global Fides

TO HONOLULU ♫ SAN FRANCISCO

"President Cleveland" "Prezident Wilson" "General Gordon"

via JAPAN

Arr. Feb. 25・・ Balls Fob, EB

«Arr. Mar. 16 ..Arr. Mar. 17

Sallo Apr. 17 Saila Mar. 18

TO SAN FRANCISCO & LOS ANGELES via JAPAN

"President McKinley ... Arr. Feb. 14 Salls Feb. 15 "President Taft" ......... Arr. Feb. 20 Balls Feb. 27 TO NEW YORK, BALTIMORE & BOSTON við PACIFIC COAST & PANAMA.

"President GrantTM

********* Arr. Feb. 14

Säita Feli. 14, "Marino Snapper” ............................... Arr. Mär. 10

ROUND THE WORLD

Sails Mar. 20

SMANILA, SINGAPORE CALOMBÓKARACIL SURZ "FORT SAID, ALEXANDRIA, NAPLES, "MARSEILLE), GENOA, NEW YORK and BOSTON

"President Folk" "Mount Davis"

Arr. Feb. 20 ..Arr. Mar. 5

Sails Feb. 22 Salls Mar.

TO JAVA & STRAITS

"Marine Snapper"

Arr. Fob. 10

Tel: 28172/5

Sails Feb. 11

BEN LINE

CHIP

"DENALDER" "BENMHOR". "BENAVON"

·‡"BENALBANACH”

"BENVENUE" "DENVANNOCH" "BENLAWERS" ADENLEDI"

"BENNATOW”

"BENALDER" "DENNATOW"

"BENMHOR" 1"BENVANNOCH" ["BENAVON"

"BENVENUE" "BENLAWERS"

ARRIVALS

PROM .U.K. via Singapore.

QUE

12th Fob.

14th Feb.

on or abt. 28th Fab.

SAILINGS

London, Antwerp, Rotterdam, Hamburg A Hull

'Genoa, Avonmouth, London, Rotterdam, Hamburg's Holl

Liverpool, Glasgow, Dublin, Havro and "Antwerp,

28th Feb.

12th Mar,

20th Mar.

27th Mar.

7th Apr,

12th Apr.

Loading on or abt.

15th Feb.

16th Apr,

16th Feb.

24th Mar.

28th Feb.

18th Mar.

S0th Mar,

Via Manya, Colombo, Adan, and Suez Canal.

Accepts Cargo for Keelung and Japan.

Accepta Cargo for Japan,

† Accepts Cargo for Port Sudan.

il Accepts Cargo for Hull.

For Further Pardiestars, Apply To-

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

York Building,

Telephone: 24105.

THE EAST ASIATIC CO., LTD.

M.S. "MONGOLIA"

LOADING ABOUT 1TH FEBRUARY-

ADEN, FORT SAID, HAIFA, GENOA, ANTWERP, HOTTERDAM, HAMBURG, OSLO, GOTHENBURG & COPENHAGEN

Tanks available for the carriage of oil in bulk Limited passenger accommodation available

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

Tel. 34111 & 34112

KLAVENESS LINE

Direct to Los Angele In 16 days Thanse San Francisco, Vanco

M.S. "FRANCISVILLE? M.S. "CASTLEVILLEZ

28th Feb.

30th Mar.

ARRIVALS FROM PACIFIC COAST

21st Fab.

24th Mar.

M.S. "CASTLEVILLEY. M.S., "BOUGAINVILLE

Sailing to Singopen, Fort Swettenham,

Pengng & Batavia

1.6. "CASTLEVILLE”

Passenger TO LOS AN

Chine

23rd Feb.