Recovery On Stock Market
New York, June 16. Strength of rail stocka, which touched the highest level in 15 years, highlighted, the general recovery of this week's market. of a sub- Buoyed by hopes stantial freight rate boost and an actuel jump in car loadings, the carriers wero ahead of the other groups throughout most of the week. Even when they had to contend with consider- able profit taking which caused some drops the past months in other stocks, the transportation section remained somewhat in- different.
Rall issues advanced in the
LOAN INVITE TO RUSSIA
Washington, Juno 10.
On the eve of his departure for the Paris meeting. Mr. James Burnos, United States Secretary of State, sent a new note to the United
Soviet Union, Statea renowing the Government invitation to Rus- eia to enter into negotiations for $1,000,000,000 luan, it was learnt at the State De- partment tonight.
Mr. Burnes is understood to havo asked that a final Bottle- ment of lend-lcano and reverse lease-lend accounts should
leo be discussed.--Reuter,
THE CHINA MAIL, MONDAY, JUNE 17, 1940,
Maritime Strike
Threat Lifted
Washington, June 16. The shadow of a crippling maritime strike has been lifted from the nation's busy waterfronts. The big tic-up was cancelled exactly one min- ute before it was to begin. The agreement, which seven
maritime unions hailed as a sweeping victory, heralded peace, at least tem- porarily, in the shipping industry for the first time since last July,"
Theso
main
Pago 7
JARDINE, MATHESON & CO., LTD.
SHIPPING DEPARTMENT
10 Podile Street Tol-80311.
Gonoral Managers.
INDO-CHINA S. N. CO., LTD.
S.9. WINGSANG S.8. LOKSANG
the
S.S. ESANG
facts emerged, men negotiators had virtually from the settlement of the most won their gains before
Conference--AB- complex and confusing big la- Washington bour dispute in recent years.: sccinted Press.
(1) A powerful new alliance -the Committee for Maritime
bond market this week in the No Ration Need Unity, composed of seven-unions
fastest trade in more than aj month.
In America
Some Delay.....
New York, June 16. elaiming 214,000 members Maritime atrikers in New York sailed successfully through its voted today ratifying the settle- first test under the joint leader-ment reached by union leaders ship of Harry Brides and Joseph last night. A union official sal Cyrran as co-chairmen.
that some of the men intend to Washington, Juno 10.
n dis- return to work later today. Americana need not return to (2) By threatening
It is clear that the time needed rationing to peoples of the world, in the opin-the
hungry ustrous strike, it had won from for the ratification of the agree
government
and private ment throughout the country will ion of the Secretary of
Agricul- ture, Mr. Clinten Anderson,
ship operators, large wage in mean a substantial delay in the creases and other concessions.
scamon and dockeraroturning to work at all ports-Routor.
save the
The demand was sparked by three decisions of the supreme reorganization court in which plans of the Baltimore and Ohio and the Denver and Rio Grande and Frisco roads were upheld.
Industrial and utility bondo either held around the current high levels or inched forward a agreed with Sir John Boyd Or, (3) Also, it served notice that little more. United States gov-director-general of the United Nathe subject will come up again eramental
In
he broadcast tonight.
·A
bonda renewed tions Food and Agriculture Orin September as Bridges agreed HUNGER STRIKE
September 30, and said his West
strength. Latin American ganisation, that famine could be to the settlement only as far as loans, en the upgrade a good provented if the major producing tast some countries continua war-time con- part to the year, ground-Aвsociated Press.
Production Of Copper Resuming
1rols.
The United States, he said was! developing a "simpler form of rationing BeAT the source," by rationing wheat and other short supplies to manufacturors.
American crop forecasts were
good, said Mr. Anderson, but evon so he foresaw short supplica of bread, grains. ments and fats in
1947.
The world food situation will
Const lengshoremen will seek IN CYPRUS
still higher pay then.
3.9. LOKSANG 8.8. SAMDART 8.8. KWAISANG S.S. EMPIRE PERLIS S.S. WINGSANG
SAILINGS
..to Shanghai 20th June to Singapore and Penang 20th June
ARRIVALS
IN PORT
.From Shanghai 10th June
.Buoy B-1 Buoy A.19 Kowloon Dock ..Kowloon Dock Custodian's Wharf
All the above subject to "alteration without notice.
All intending Passengers are requested to register their names a far as possible in advanco of tho time at which they wish to leave.
Agents:
THE GLEN LINE LTD.
M.V. GLENOGLE SAILING FOR UNITED KINGDOM, WERP, AMSTERDAM, and ROTTERDAM
M.V.
Managing Agents
ANT-
About 23rd Juno
AUSTRALIA CHINA LINE KAFIRISTAN Salling for Sydney and Melbourne 18th June.
Also Agents for PRINCE LINE LTD.
S.S. SAMAVON
CIO radio operators and en- Nicosia, Cyprus, June 16. gineers also have contracts ex-
Police guards were to- plring in September 30. Mean- represented in the negotiations central prison when long time, AFL sailors who were not day rushed to Nicosia here were seeking more pay in term prisoners on hunger Francisco strike since Wednesday wage talks at San and New York
attacked their guards. Word received here from San Pedro, told of 5,000
The hunger strike was started seamen, water-front workers
last Saturday by eight islanders nt Lus
serving sentences in prison who went out at midnight des- termers.
Bench harbour, joined three days ago by 100 long- 5.5. GARDEN PARK
S.S. KITSILANO PARK pile the announcement, declar- Today, it was reported that all ing that it was too late to call inmates of the prison have thres- membership meeting for rati-tened to go on a 24-hour hunger strike in sympathy with the 188 men who have already stopped
New York, June 16. Copper production was ex- pected to resume next week fol-remain critical at least until the lowing settlement of the five 1947 harvest, and it will be years months strike of smelters of after that before normal food pro-Angeles Long the American Smelting and Reduction is restored," he added fining company.
Associated Presa.
Louis Cates, president of the Phelps Dodge Corporation, sair
An agreement had been reached
Winnipeg, June 15,
but added the signing of con- Ryé: July $2.92 bid; October | fleation. tracts had been halted by union $2.5 bid; December $2.43 uid- leaders until a settlement had Associated Press,
been reached with employees at
two refineries.
Meanwhile the Metals Reserve ing of the American smelting company continued to dip into strikes. the government stockpile.
The meeting was scheduled cating.
and
for Sunday afternoon. Other The prisoners alleged that the ports acted similiarly, but principal medical officer has threa ratification of the agreement istened them with forcible feeding. considered certain,
--Router.
CIO dockworkers and seamen Zinc leaders made little pro-walked off their jobs, practical-
Lead consumers also looked gress during The for some relief through the end-sociated Press.
week-As-ly paralyzing the Pacific Coast's MONTY CALLS ON
OFIELD LINE
S. S. "BARBARA C"
-expected to arrive from Manila about 18th June Sailing for Amoy about 21st June.
For Freight & Passage Fares Apply:
A. E. GERONDAL & CO., LTD.
Union Building
Agents.
Tel. 33337
BEN LINE STEAMERS LIMITED.
-"BENLEDI”
"BENLEDI"
perts, pending the rank and file
acceptance of rejection of the ABDULLAH
termis ending the threat to the national maritime strike.
Field
Jerusalem, June 16
Marshal Lord Mont- A longshoremen union gomery yesterday flew to
Transjordan, about 22,000 Amman. spokesman said
for a dock workers along the coast short talk with the new king, had quit and it would probably Abdullah, and an inspection of take 48 hours for the seven the famous British-trained Arab unions members to vote on their Legion. leaders agreement. The dock workers were not very en- thusiastic because longshore
BRIDGE NOTES
"Please settle this argument" writes A Baltimore fan. "We missed a cold game on this hand and would like to know what the mistake waA.
North, Dealer
Neither sido vulnerable
B. J. 0 7 4
H. AT
D. KQ 83
K8 3
H. B 6 2
ED. A 0 2
C. Q 10 9
SAILINGS TO U.K.
Loading FREIGHT ONLY.
8. Q 10 6 5 2 H, 5
N
Mid July
v. 195.
W
0. A 7 0 8
S
9. A
VESSELS DUE
arriving about 10th July
For further particulars apply to
W. R. LOXLEY & CO. (CHINA), LTD.
York Building
Tel. 84165.
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Hai Yang"
Sailing on or about 22nd inst.
Subject to alteration without Notice.
For Particulars of Freight & Passagė. Please apply to
DOUGLAS LAPRAIK & CO.
General Managers,
P. & O. Building, 5th floor. Tel. 23755.
or
CHINESE SHIPPING DEPT. '20 Connaught Road, Central,· Tel. 24639,
AUSTRALIAN-ORIENTAL LINE, LTD.
SAILING TO AUSTRALIA, A. "Priam", nalls for Sydney on or about 94th June
DEVEBBEL DUE.
Kunnan" from Australia, 21st June,
For particulars; apply to NDE TEM
BUTTERFIELD & SWIRE, Agents
0. K 8 42
HK Q3 10 9 4 3 D 10 7 4
C) 5
The bidding: North East South
Pass
P355
1H 8H
ENT Pasy
He was expected to return to Jerusalem later for a meeting with the High Commissioner and the G.O.C., Major-General Barker,
Preparations for his
de- parture from Palestine havei been tentatively made for to-1 day-Associated Press,
CANADA COULD MAKE THE THINGS
Ottawa, June 16. Reconstruction Minister Howe said in the House of Commons today that "no one in Canada knows how the United States makes atomic bombs. No one has asked the United Sintes for information. I am sure that if
..Due from U.S.A. 21st June
Due from VAUCOUVER 20th Jung
Arrived at Buoy A10
BUTTERFIELD & SWIRE
AGENTS:
CHINA NAVIGATION CO., LTD.
SAILING TO SHANGHAI
3.5. "SHANTUNG" (No passengers) 3,5. "TSINAN”
4
4 p.m. 22nd June
4 p.m. 2014 Juno
SAILING FOR BANGKOK VIA SWATOW 5.S. "KWEIYANG".
4 p.m. 21st June
BAILING TO CANTON
10 am. 19th Juzo
Subfoot to alteration without notico,
8.3. "FATSHAN”
For Freight and Salpon Passages all lines, please muply is-
BUTTERFIELD & SWIRE
Connaught Road, Central, Telephone 80881" (Frivate exchange).
Ship
PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY
they did ask for it, the informa- "TAIPO SHAN“. tion would not be given unless "OTRANTO" It was thought Canada needed) "HONG KHENG" it which I do not think she does) at the moment.'
Howe told the members con- sidering his bill to establish an West atomie energy control board in Pass Canada that he felt
From
Port Okha & Bombay U.K. BOMBAY
"HICKORY MOUNT"
U.K..
Duo
Discharging
June 20th JULY 1st. Mid-July
Bure BRITISH INDIA STEAM NAVIGATION CO., LTD.
Pass Canada found it necessary sho could make atomic bombs of her own.--Associated Press.
Pasa P159
"North maintains his jump to maximum two no-trump showed pass and that South's robid of three hearts was a sign-off. South maintains that he didn't have much of an opening bid to begin with, and could hardly do more than rebid the hearts on the second round.
"South points out that he could hayo passed two no-trump if his hand
were just a "strategic" | third-hand bid. The fact that her didn't pass therefore showed about as much strength as he actually held.
"Who is right?"
Both are right to a considerable extent, but South must take the responsibility for missing the gato. South's hand. was worth a game bid opposite a maximum раз. А re-bid of only three hearts would put considerablo strain on North, whereas a Juntp caso the to four hearts,would burdon.
LIGHT TRADING IN GRAINS
Chicago, June 15.
SHIP
"NIDAROS"
FROM
CALCUTTA
DUE
JULY 2nd.
Activity in grain futures was EASTERN &AUSTRALIAN STEAMSHIP CO., LTD. ̧
confined to four contracts of oats all of which sold at cellings throughout the day.
Trading was lightest in the board of trade's history.
Bid prices at the close were $1.464 for corn; $1.35% for barley and B8 for oats.—As- sociated Press.
U.S. COTTON
Now York, Juno 15. Mill buying and trade covering imparted a firm undertone in cot- ton futures.
Volume was Ught,
balo higher.
Futures closed 40 to 80 cents a
July 20.14, October 20.86, North's decision to pass three Decembar 29.62-63, March 20.54. hearts was a bit doubtful, per haps, but South could have re- moved all doubt by bidding game by himself.
Question
Today you are Oswald Jacoby partner and, with both sides 'vular- able, you holds
8 3932.. K 84
The biddinga", Schenken Jacoby
ADEL
May 20,50, July 29.30, Spot 20.89. New Oricans, cotton futures closed 76 to 85 cents a bale higher. July 20.20, March 20,67, Octobor 28.87, Spot closed $1.00 a bale higher Associated Press.
Minneapolis, Juno -15. **Flax and flour · wero und changed. Assoolated Press.
Landon, June 10.
·Generalissimo: Stalin /toòday: ra“, ceived, the Swedish"envoy to the Maler You Boviet Union. The Moscow Radio PLANE (1) Kald tonlicht. M. Losavaky, Vice- (Answer: Minister of ForURI ARRIK, WAE present at the interview, Inuter..
Passengers and freight to Australia.
For full particulars apply to
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4,
BLUE FUNNEL LINE
SAILING TO PORT SAID, LIVERPOOL VIA STRAITS.
ADRASTUS
26th June
SAILING FOR LIVERPOOL' VIA NEI, STRAITS, PORT SAID & AMSTERDAM. LAOMEDON
25th June
PRIAM
VESSEL DUE.
from New York and San Francisco,
For Passage and Freight Particulars apply: 101-- BUTTERFIELD & SWIRE, AGENTS
Telephone: 80888.
June