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THE CHINA MAIL, THURSDAY, JUNE 6, 1946. .
Britain's Policy On Imperial Preference
London, June 5.
The Leader of the House of Commons, Mr. Herbert Morrison, said yesterday that any suggested reductions in British Imperial Trade Prefer- ences, as part of Anglo-American commercial bargaining, must be balanced against corres- ponding lower tariffs by other nations.
offices for. Box Nos. 47, 62, 81, In addition, he told delegates to the British Im-
82, 88.
WANTED KNOWN
MAKE YOUR MONEY WORTH THIRICE by buying" jade jewels, pure silk embroidered garmenta prewar-made tenk-camphor cheats, from Mode Elite, 22, Queen's Road, C. "Biggest" new collec- tions just un neked, "Incompar-
"Un ably Beautiful" designs seen" elsewhere. One price. Satis- faction warranted.
LADIES CANNOT BUY a more reliable, comfortable or economii
"Eaico", belt than eal sanitary --the lending brand on the local market for the past 16 years, Obtainable from all leading dispensaries and stores at 35 ench,
HALF A MILLION MEN'S SECOND-HAND JACKETS and TROUSERS suitable for Hongkong trade at FOUR SHILLINGS each.
Thousands shipped to Middle
East.
Quick shipment of pressed bales of one thousand assorted Karments.
Establish confirrged credita in payment of any quantity on an English Bank.
M. Newman, (Contractor)
Ltd.
Hemp Street, Manchester 7. England.
Cable Address: Harbinger.
N.Y. EXCHANGE
New York, June à
NY. Exchanges:T.T. on Mon-
perial press conference, the reduction of any one preference will be made only with the consent of the countries which are receiving trade advantages from that particular prefer-
ence.
"Free trade policies decided [ since the war'a cud," Mr. Mor- rison said, "have been carried ow the quickly forward. We United States gratitude for their initiative in putting them forward."
"There
However, he puded: can be no question of Imperial Preference being given up as it were in the void.”
examined B "They will e part of the wider commercial picture," he said, nnd in the will take bargaining whicia place, any reductions which are Buggested will have to be weigh- the advantage to ed against the Commonwealth and Empire as well as to the world, of re-
luctions in trade barriers which are offered by other countries."
Defining Britain's comméïcial
BRIDGE NOTES
We saw this hand played the other day and decided to add it to our list of ways to insult your partner.
Soth, Denler East-West vulnerable
B. J 9 4 3 H. 3
SIAM CREDIT
Bangkok, Juna 5. The Siamese governmant announced today that Britain had agreed to unfreeze 50,- 000,000 of Siam's £10,000.- 000 credit in London with £1,000,000 becoming availabl immediately in cuak for rea- tarting trade. Diplomatic quarters here sald the out- look was favourable for the reopening of Siamoso banks. -Associated Press.
N.Y. STOCK MARKET
New York, June 5. N.Y. stocks dropped slightly in
a slow Fusion today. Virtually all groups steadied in the final
hour.
Traders Tall that
A technica correction of the elimb to 15-year peaks was inevitable.
The labour situation was stil considered as a bearish factor.
Transfers totalled shares.
I'Lge 7
JARDINE, MATHESON & CO., LTD.
SHIPPING DEPARTMENT.
16 Pedder Street
Tel. 30311.
General Managers.
INDO.CHINA S. `N. CO., LTD.
ARRIVALS
5.S. LOKSANG (Bon Line Berth)........from U.K. 5th June 5.5. YUENSANG
..From Calcutta via Singapore 9th June
SAILINGS
S.S. TAKSANG 9.S. WINGSANG 3.S. MAUSANG
S.S. WINGSANG 5.S. MAUSANG
S.S. SAMDART'
8.8. KWAISANG
S.S. EMPIRE PERLIS
H.S. TAKSANG
to Singapore, Penang & Calcutta 6th June .to Shanghail 6th June ..to Sandakan 12th June
IN PORT
Custodian's Wharf Anchorage KI ....Buoy A.13 Kowloon Dock
Kowloon Dock
Buoy B.3
All the abovo subject to alteration without notice.
All intending Passengers are requested to register their names o far as possible in advance of the time at which they wish to leave.
D. 6 4 3 2
C. 9 9 6
8. 70 HAG 52 D. Q 3 10 8
B. 10 6 3
N
H. 8 7 4
W
D. KO 6
1,210,000
m.v. GLENOGLE
C. IV G 2
U. A 7 7 3
Dow Jones Averages
.$ 78.46
30 Industrials
210.03
8. AKQ
20 Rails
00.72
16 Utilities
43.47
Juneau 84.
8, K QJ 10 9 DA7
VK Q 4
goal as an ever sspanding world The bidding:
trade with
in-South
e-411
Al con- H
West
Pass Pass
gorated diamonds. and
Agonts:
THE GLEN LINE LTD.
Discharging Buoy All
Managing Agents ~
AUSTRALIA CHINA LINE
Adams Express 225, Alaska American Ameri
Can 99, M.V. KAFIRISTAN From Melbourne, Sydney, Torokina.
American Smelting
Discharging Kowloon Wharves 3N Loads for Sydney, Melbourne early June. also Brisbane if sufficient inducement,
Also Agents for PRINCE LINE LTD.
S.S. HASTINGS PARK from VANCOUVER Discharging at M.4
BUTTERFIELD & SWIRE
AGENTS:
can Telephone 200%, American its resultant
North
East Tobacco 96, American Waterworks creases in production
2NT Insa 28, Anaconda Copper 48, sumption. Mr. Morrison
Pass Pas Aviation Corporation 11, Baldwin clared: " is for Beso masons) It was obviously impossible for 337, Barnsdall 3015. Bendix that His Majesty'e government North to take any netion over Aviation 52, Betheleham Steel has reached an agrement with South's unnecessary jump to four 100%, Boeing 28, Borden Co. 55. the United States sa the broad hearts, so South became declarer J.1. Case 51%, Chrysler 133 principles of commercial policy." and struggled in vain to make his Colgate 65, Commercial Solvents
a dia-
Corn Products 65%, Dupont Contrasting Britain's four-contract. West opened
Eastman to America's mond, and South won" and forced | 218%.
Kodak 254, page newspapers
out the Ace of trumps. West Electric Light & Power 28
South General Electric 48%, General} kier journals. Lir. Storrisonut suggested that "a de averag Patted the third round, drew Motors 784, Goodrich 75%, Good- ing in size woud be a good trumps, cashed the spades, and year 68, fomestake Mining idea." American newspapers then led clubs. Since he had te International Harvester 100%... were so large, he nuded, that lead from his own hand, he had International Papers 48, Inter- they were "impossible to read to lose two club tricks in addi-national Tel. & Tel. 25, John and almost imposable to carry tion to the
diamond Manville 100%, Kennecott Copper-
Ward 68 Montgomery
100,! Sundays... Asunciated already lost.
Now see how the bidding would National Distillers 85, National] S.S. "FOOCHOW" (No passengers) Press.
have gone if South had not tried Lead 39, New York Central K. S.S. "TSINAN” to insuit his partner by excluding 26, Packard Motors 10%, Pan him from the bidding. On the American Airways 19%, Pennuyl-' recond round, South should have vania R.R. 24”), Radio Corpora- | 5.S. “HANYANG" bid only three hearts. There was tion 154, Real Silk 20%, Republic no need to jump, since North was!
Steel 874,
Reynolds Tobacco | 5.5. "PAKHOг" (No passengers) obliged to keep going until gama 402, Schenley 86, Sears Hoe- (or a suitable penalty doub) buck 45%, Shell Oil 424, Socony was reached.
Vacuum 17%, Southern Pueiti S.S. "FUKIEN" (No passengers} 67% Standard Brands Standard Oil of Calif. GB, Stand-
1.985.
WHEAT PRICES teal 0.9, London 1.03%. Pari-
Chiengo, June 5. 84, Buenos Aires (free market) Chicago Grains Market: 24.45, Rio de Janeiro 5.25. Mexien Wheat (New Contracts, Au- 1.984. November 20.63, Amerdam (florir) 37.89.) pust Brussels 2.49, Batavia (guiderarch 1.98.
Bombay 37.90, Singapore 47.50.
(Old Contraets)--July 1,33%,
1.93, 25.06.-As-September
December 05. Ilong Kong
1.93%. ciated Press.
Corn: July 13, Rye: July 1.584, September 1.58 November 1.58%. December 1.684, March 1.58. Oats: July 0.87%, Winnipeg Rye Market:-July
Canberry, June 5. Australian woolmen yesterday announced they are prepared a sell any quantity of wool to any country except former enemies. Associated Press.
Always scly.
2.59, Press-
October
2.32.-Associated
on "Camel "Brand"
OTS:EGAMELS VARNISHES & LACQUERS
Monded by
BEN LINE STEAMERS LIMITED.
SAILINGS TO U.K.
"BENVORLICH" loads for London via Straits -Mid June. "BENLEDI".
13
FREIGHT ONLY.
VESSELS DUE
Early July
"BENVORLICH" from U.K. via Straits 5th June
20
heart and
CHINA NAVIGATION CO., LTD.
SAILING TO SHANGHAI
4 p.m. 6th Juno
SAILING TO SHANGHAI & NORTHERN
SAILING TO SAIGON
SAILING TO SINGAPORE
SAILING TO BANGKOK
SAILING TO CANTON
3 p.m. Bth Juno
PORTS
p.m. 13th Jung
3 p.m. 17th June
11 a.m. 7th June
North could then have bid three spades, showing his long suit. South would raise to four spades, ard Oil of New Jersey 70, STEAMER (No passengers)
365. and that contract would be mude Studebaker 37%, Union Bag with ease against normal de- Union Carbide 117, U.S. Rubber fence. Very tricky defence (47%, U.S. Steel 89%, Westing- S.S. "FATSHAN" diamond opening and persistent house 35, Youngstown Sheet & North to play carefully, but the diamond leads) would require | Tube 83%.---Associated Press,
point is that four spades would have been a logical and makably contract while four hearts was illogical and unmakable.
Yesterday, you were Merwin Maler's partner and, with both sides vulnerable, you held:
S KJ 732
H 8 5 2
DJ 4
C 073
The bidding:
Maier Jacoby You
18
Schenken
20 (7) ANSWER: Pass. You have a good holding in spades, but the hand as a whole In not strong enough for a free raise. If your partner cannot find another bid by himself, game for your alde must be out of the question.
Score 100 per cent for pass, 50 per cent for two spades..
Question
SHIPPING MOVEMENTS
Arrivals
Yesterday:-S.S. Loksang from U.K. and US, L.S.M. 379,
Scheduled Arrivals Today:-R.F.A. Empire Gordon, Tomorrow: S.S. Samphill from Mike, US Mattaponi, U.S.S. Tappahannock, U.S.S. Currier and S.S. MacMurray Victory.
Departures
Yesterday:-nil.
Scheduled Departures Today:-H.M.S. Duke of York
Subject to alteration without notics.
4 p.m. 12th June
4 p.m. 13th June
For Freight and Saloon Passages all lines, please apply
BUTTERFIELD & SWIRE
Connaught Road, Central, Tolephone 30331 (Private exchange),
#1
#
Ship
PENINSULAR & ORIENTAL STEAM
NAVIGATION COMPANY
From
for Sirrapore, S.5. Taksang for "SAMTYNE" Singapore, S.S. Wing Sung for
"TAIPO SHAN" Shanghai, H.M.S. Trafalgar for Shanghai and S.S. Bust for Hai-"OTRANTO" " phong.
Tomorrow:--ILM.S. Constance
Today you hold the same hand for, Kure. and the bidding continues: Maier Jacoby You Schenken
2C Pass Pass (7)
Pass
What do you bid7 (Answer Tomorrow).
1S
"BENLEDI"
"LOKSANG"
**
14
**
About end June
6th June
2D
For further particulars apply to
W. R. LOXLEY & CO. (CHINA), LTD.
York Building
Tel. 34165.
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Hai Yang"
Sailing for SWATOW On 5th June, 3 p.m.
Subject to alteration without Notice.
For Particulars of Freight & Passage.
Please apply to:---- DOUGLAS LAPRAIK & CO.
General Managers.
P. GO. Bullding, 5th floor. Tel.: 23755,
or
CHINESE SHIPPING DEPT. 20 Connaught Road, Central. Tal. 24639.
WORLD UNION SUPPORT
Washington, June 4.
NEW BANK
Karachi & Bombay
Due
Discharging
Fort Okha & Bombay
June 11th
U.K.
June 23rd
G.K.
Mid-July
"HICKORY MOUNT"
"OTRANTO" due Colombo June 11th, Singapore June 17th.
PRESIDENT Į BRITISH INDIA STEAM NAVIGATION CO., LTD
Washington, June 4. Eugene Meyer, Editor and Publisher of the "Washington
Ship
Post" was today elected Pre-"SAMDART" sident of the 38-nation Interna- tional Bank.
The position gives Meyer a
Loading for
Madras
Ready
June 12th
dominant role in utilising the EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.
Bank's $7,500,000,000 nuects in
The maritimo negotiators of the Congress of Industrial Organizaresconstructing industry of war- tions received word today, from trampied nations and developing the Paris headquartera of the the industrially backward coun- World Federation of Trade-
Unions that all affiliated unions
tries.
are being informed of the mari- Meyer, in a slatement, sald time leaders ples to support the "the world is well aware of the shipping strike scheduled for food famino, We must become June 15.
equally aware that the world is starving for products of indua- try."Associated Press.
The maritimo union appealed for support of the strike ourlier from the dock workers of Brl- tain, France, Russia and other
countries,
The reply from Parla was sign ed by Loula Salliant, genera} secretary of the World Federation of Trade Unions which claims 60,000,000 amliated members in | 40 countries.--Associated Presa.
STREAM-LINED
FRENCH ČOAL
* CRISIS'
London, June 5. tarday announced that Britain The British Foreign Ofico yes- (and the United States have pro-
mised to aid France In
solving her coal crisis.
France has been promised in- Looo, June G.. creased allotments by a coal or The British Acroplane Com-ganisation, increased shipments pany yesterday announced plansrom the United States and a loan from the American military conl for the manufacture of A Teserve---Associated Press. Atroom-lined touring car able of 90 miles, an hour and 124 miles per gallon of gasoline.
...Associated Press.
can-
London, June 5. The British "National Union of Seamon says that it has received no appeal from American unloa "New York, Juno 5. Jeaders for support of the Ualtol The American Iron and Stee! States shipping strike scheduled Institute today estimated that for June 16) - A spokesman for atsel milia operato at, 86,8 per cent the British. Union, asid: 4ho only of capaulty tata-week, compared Zulformation procelted concerned. Perith 48,0 Înal / week Afidelited, 4he threatened strike.-Associated
Passengers and freight to Australia.
For full particulars apply to
MACKINNON, MACKENZIE & CO.
Telephono Nos. 27721-4. ·
BLUE FUNNEL LINE
SAILING TO PORT SAID, LIVERPOOL VIA STRAITS.
·ADRASTUS_
20th Juno
́SAILING FOR LIVERPOOL VIA NEL STRAITS,
PORT SAID & AMSTERDAM., LAOMEDON
25th Juno
- VESSEL DUE. “. ADRASTUSA from Now York vla, Shanghai 8th June LAOMEDON. from UK via Straits -PRIAM:
from New York and San Francisco,
mid-June
15th Juna*.
Für Passage and Freight Particulare apply to
BUTTERFIELD &
AGENTS