DE LA RAMA LINES
EXPRESS CARGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
VESSEL
DUE
B.S. PANAY
31st Aug.
M.V. BENGAL
M.V. TRAVANCORE
M.V. DONA NATI
In Port 5 Sept.
27 Sept.
LOADING FOR Manila (Immediato
Discharge) Pacific Coast via Cebu Facific Coast via
Shanghai Pacific/Atlantic Coasta
TEL: 28670
THE DE LA RAMA STEAMSHIP CO. INC.
Poddor Building
BUTTERFIELD & SWIRE
1. CONNAUGHT ROAD CENTRAL Telephones: 30381-8 Private Exchange.
Agents: CHINA NAVIGATION CO., LTD.
"HANYANG" "NEWCHWANG" "KWEIYANG"
"NEWCHWANG" "KWEIYANG"
"ANHUI"
7
"TATSHAN"
"AJAX"
"ATREUS"
SAILINGS TO
Shanghai & Tientsin 4 p.m. 20th Aug. Singapore 4 p.m. 3rd Sept. Swatow & Bangkok 2 pm. 10th Sept. ARRIVALS FROM
Forchow & Swatow 1st Sept. Bangkok, Saigon & Swatow 4th Sept. Singapore 4th Sept.
CANTON RIVER LINE
Salle 8 a.m. 30th Aug. Arrives 1 p.m. 1st Sept.
Agents: BLUE FUNNEL LINE
NEW YORK SERVICE
Sailing
30th Aug.
U. K. SERVICE
"PROMETHEUS“
"GLENSTRAE" "SAMJACK"
"BELLEROPHON"
"BENHINNES"
"EURYBATES"
Sailing
2nd week Sept.
late Sept. Arriving
2nd Sept. 3rd Sept.
Early Sept.
0th Sept.
6th Sept.
Agents:
For
New York
For
Port Said, Liverpool
vla Straits. do
From
UK. vin Straits
-do-
đo
đom
-do--
AUSTRALIAN - ORIENTAL LINE, LTD.
"YOCHOW"
"TAIPING"
"TAIPING"
"YUNNAN***
Salling
27th Aug.
4th Sept
Arriving
For
Sydney & Melbourne
do
From
2nd Sept. Mid Sept.
Australia via Japan Australia
All The Above Subject To Alteration Without Notios. For Passage and Freight Par ticulare Apply To The Above.
DOUGLAS STEAMSHIP CO., LTD
S. S. "Halyang"
Sailing for Swatow & Foochow on 3rd Sept.
Subject to alteration without Notice.
For Particulars of Freight & Passage. 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.
AMERICAN PRESIDENT LINES LTD.
Speed-Frequency ----Dependability
Refrigeration Special Cargo Oil Tanks--Cargocaire-Specie
S.S. "GENERAL MEIGS"
S.S. PRESIDENT MCKINLEY"
SAILING
FOR
30th Aug. Shanghai & San Fran-
cisco.
4th Sept. San Francisco.
B.S. "LOUIS MCHENRY HOWE" 20th Sept. Singapore, Colombo,
Bombay, Suez, Port Sald, Alexandria, Naples, Leghorn, Genoa, Marsellics, New York & Boston.
Angeles, New York & Boston.
S.S. "HANNIBAL VICTORY" Mid Sept. San Francisco, Loa
For Passage and Freight apply to:-
AMERICAN PRESIDENT LINES LTD.
4. Goorgo's Bldg.
Tel. No. 28172/28175.
THE CHINA MALL, THURSDAY, AUGUST 29, 1948.
Brighter Outlook For JARDINE, MATHESON & CO., LTD.
Exports From America
New York, Aug. 28.
Importing nations which have been unable to buy London Stock
from the United States the automobiles, in- dustrial equipment and other products needed for reconstruction or for replacements, may find shipments from America Increasing in coming months.
American production is rising, strikes are fewer, the production of such basic raw materials as steef and lumber are becoming stabilized.
N.Y. STOCK MARKET
TI
Exchange
SHIPPING DEPARTMENT 10 Podder Street Tl. 30911.
General Managers.
INDO-CHINA S. N. CO., LTD.
SAILINGS
S.S. "TAKSANG" (no passengers) to Singapore & Penang 29th Aug. S.S. "MAUSANG"
to Sandakan 31st Aug. 8.5, "WOSANG"
London, Aug. 27. Both public and professionals were again holding aloof from tho stock market today, mainly owing SS. “ESÀNG" to the overseas political situation, a do- act as a Numerous finall strikes have which continued to act delayel production in some im-terrent to bupiness expansion. 8.8. WOBANG
The only prominent feature 8.8. "EMPIRE FARRAR” portant industries. Examples are was the initial burst in olle which. s.s. "MAUSANG"
was the 54 strikes in works supplying
failed to be maintained. parts to General Motors Corpora- The movement was inspired by
however, མ་
the ¡S.S. TAKSANG that four mainline
tlen, the 25 ptriices in works sup- | announces Foro converting
plying parts to Ford Motor Com- pany, and 17 strikes in works which manufacture parts for Chrysler Corporation.
New York, Aug. 28. Industrials and rails went into another of their most substantial
Despite small strikes and short- nosediven of the year with many leadera tumbling 1 to more than
oges of a few raw materials such * points to 1940 lows before late copper, the American economie support ended the majority of situation is such that Civilian Production Administrator John D. loases.
Bearishness over the foreign Small says the United States is in pleture and the labour situation a position to enjoy "a period of at home received the principal prosperity such as we have never blame for the liquidation.
Casualties Included Hiram This statement was qualified by Walker, Johns Manville, Southern the statement. that industrial
Great Northern.
Jabour harmony would be neces-
shares-among the largest in
known."
y were around 1,800, sary for such prosperity,
recent on:
after
British
a considerable number of locomo- tives from coal to oll burning.
1
to Salgon, Singapore & Penang 9th Sept,
ARRIVALS
from Straits via Salgon 4th Sept. IN PORT
Subject to alteration without motive.
Kowloon Dock
Kowloon Dock
Buoy A.12 Buoy B4.
All intending Passengers are requested to register their names ar far as possibis is advanos of the time at which they wish to trave
Agents: GLEN LINE LTD.
.. arrd. from UK. discharging Mochics Wharf duo from UK, 5th Sept. due from UK. Mid. Sept. due from UK. End-Sept. loads for Rotterdam, Antwerp, Amsterdam and London about 20th Sept
The long term prospects of oil ahares is viewed in some market quarters with enthusiasm and it is reported that brokers who hither to had taken only an academic Interest are now participating S.S. "SAMSETTE” actively
5.S. "PROMETHEUS" very has There
been insufficient SS, "GLENAFFARIC" · busincas
In British funds materinily to altor prices while the MV "GLENARTNEY"
been neglected. foreign bond market has likewise M.V. "GLENSTRAE”
Industrials wero rathor certain in the absence of interest while mining sections attracted only small attention. 96%, Conversion
Consola, 2
2018, 272 per cent 1945/75 Loan, 3% por cent 110-16/16, War Lean, 3%
un-
4
Managing Agents: AUSTRALIA CHINÁ, LINE
M.V. "KAFIRISTAN"
per cent 107, New War Loan, 3 per cent 100%, Victory Bonds, per cent 118%, German Loan, 7 per cent (Dawes) 10%. Japanese Bonds, 5 per cent 1907 20%, Can S.S. "PERIOD“ ton-Kowloon Railway 22 Tientsin Pukow Railway, 5 per cent 24, 5 per Long-Tsing U. Hai Rly, 5 cent 1918 (London Isa) 47. Crisp cent. 1913 21. Reorg, Loan, 5 per 1011 44, per cent,
000 sha
Labour Outlook From Washington, Max Hall, Closing Adams Express 17%, Alaska Associated Press Labour reporter, 04, American Can 98%, Ameri- reports the present calmness la can Smelting 54, American Tele-industrial labour relations pro- plne 1874, American Tobacco bably will continue for several 92, American Waterworks 21, months, at least until Anaconda Copper 42, Aviation the American Congressional elec- Corporation 5, Baldwin Locomotions in early November,
Barnsdali tivo 274, dali 27%, Bendix Aviation #13, Bethlehem
Hail reports there are possibili 105
ties of strikes stopping work in Boeing Aircraft 20, Borden the rubber, maritime and meat Co 1, Canadian Pacific 18%, I. Cane 43, Chrysler 106%, Colgato Industries.
The general outlook, however, Railway, 6 per cent, 1911 504,
Commercial Solvents 24.
has improved Corn Products
as a result of a 26. Henan Railway, 5 07. Dupont de
26.
per cent, Nemours
Eastman Kodak 224 change in the policies of the two 1905 30, Shanghai-Nanking Rail- Electric Light and Ponce 204, largest United States labour or way,
General gunization, the Congress of In- Bank of India, & C. 13-5/16, per cent 27, Mercantila General Electrle 44%,
"A"
244, Char- Good-dustrial Organizations (CIO) and tered Bank of
Steel
Loan,
due from Melbourne 2nd Sept Ioads for Shanghal mld Sept. for Sydney, Melbourne,
and Adelaide early October.
due from Sydney 25th Sept.
Agents: PRINCE Line Ltd. Chinese Freight Agents: CHEONG FAT CO.,
64 Bonham Strand E. Tel: 20037.
Agents: THE WESTERN CANADA
STEAMSHIPS LTD.
Motors 62. Goodrics Mining 40, the American Federation of La-H.K. & Shangha! Banking Cor- SS. HASTINGS PARĘ ·
03%, Homestake
year International Harvester International Paper 87% -Inter-
bour-Associated Press.
With an
national Tel and Tel 20%, Johns U.S. CAR OUTPUT Manville 106, Kenbecett Copper $24, Montgomery Ward 75, No- tional Distillers 20%, National
Detroit, Aug. 28. Lead 36%, New York Central 2014.
indicated output of 50,000 passenger automobilca this Packard Motors & Pan-American Airways 16% Pennsylvania RR week, the nation's motorcar in- 25. Radio Corporation 12, Real dustry will bring its August pro- Sk 24. Republic
Steal 80%, duction volume to 250,000 unity olds Tabacco 40%, Schenley and assemblica for 1946 to Reynolds
to ap-. 1984 Secony Varnum 1ers Association report indicated Automobile Manufactur- Dil Pacific 65. Standard the maximum volume allowed un- Southern
94. Stars Roebuck 41%%, 'Shell roximately 1,100,000 passenger
Bronds 44, Standard On of Calif 58. Standard Oil of N. 70%. Studebaker 27. Union Bar 33%. Inis Carbide 102 US. Rubber 5. U.S. Stest 83. Westinghonač 20 Vaunestown Shert & Tube 724-Associated Press.
Deficit Less Than Feared
Washington, Aug. 27, Britain's floancial deflcit for
1948 probably will be "consider ably less than the $3,000,000,000 anticipated when she negotiated for a loan from the United States, the Department of Commerce said
................... arrd. from Vancouver-A13 Buoy,
poration no. Lydenburg Scales S.S. RITSILANO PARK" due from Vancouver/Shanghai 13th Sept.,
South Townships
3V3, Sélection Trust 50 South Africa Torbanites 11/3, Canadian Pacific 22%, Mexican Engies 14/6. -Reuter.
New York
Exchanges
New York, Aug. 27.
der Government regulations for American A/C Storling foreign markets-six par cent of 4.03-7/10, 4.03-9/16, American of commercial passenger cars and 22 per cent A/C Stering 3 Months 4.08-7/10, vehicles-belag 4.03-8/16, On Sweden 27.83, 27.85,
S shipped to export trade. Asso- Franco 84, 84%,
24.00, 24.25, Switzerland 24.25, 24.50, stralin 3.23, New
9.20. 4.04b, 4.06a.
ciated Press.
B.O.T. DECISION
London, Aug. 27.
04band 3:25, Zealand South Africa 4,024, India The Board of Trade announces 30.33, China 3,320b, 3,3605, Ar-
British East Africa 20.265, effective today that transship- 30.33,
Argenting ment licences are no longer regentine (Official) 29,78,
24.70, 24.78, Brazil 6.45. quired for undressed hides, skins Lee) olein) 2.00, Boliva and dressed and undressed leather, including scrap and waste.
Peru
Don't Miss
"MELODY PARADE".
AT THE
STAR THEATRE
EXPO 00.
100,
(Free) 2.38, Chile
Chile (Oficial) 6.10, 3.25, The concesion lo subject to
Chile (Free)
Chila 4.00, Colombia 56.98, Cuba such security regulations for re- Ecuador 7.00n, Guatemala exportation of goods as may be Holland 37.78, Mexico 20.00, 20.03. imposed by custome and exclse Porn 15,50n, Uruguay 50.00b, commissioners-Reutor.
Venezucia 29.90, Netherland West Indies 13.05, Dutch Guiana 53.35, Mon- Montreal on London 4.02, Dr. Amos Taylor, head of the
treal on New York 07,250, Swiss 28.00, .30.00, Department's Business and Econ-
Whant and Corn held about Bank Notes,rate omics Office, said that this "sbows steady but buts sarged toward the Belgian Franc 2.28%, 2.28%,-~|
today.
the boale recuperative powers of British economy without which a revitlog work
world trade would not bo
Britain will be able to reduce
the estimated defleit, he said, “by
WHEAT PRICES
Chicago, Aug. 28.
close of the grain market under commission house selling.,
Wheat finishei 4th lower to 4th higher, January $1.07%; March $1.93% May $1.02
Corn was 1 to 4 cents higher; restricting domestic consumption, onts to lower. Barley
limiting
imports and reserving a higher, November $1,39%-A- large part of
tion for exer domestic produc-sociated Press,
Dr. Taylor said that the Ameri- can loan to Britain touched off a series of Important international
N.Y. COTTON ·
Teuter.
Exchanges In London
London, Aug. 27.
On New York 4.026, 4.035, Mon- treal 4.02, 4.04, Zurich 17,34, 17.30, Stockholms 14.47, 14.50, Buenos Aires unquoted,
Brazil 75.4416, Brazil (sollers) unquoted. Belgium Uruguay unquoted, 167.50, Parls & French Empire 479.50. 480.30, Syria 881, 886, Lisbon 99.80, 100.20, Swiss Bank Notes Middle 17.25, 17.50, Nether- Oct. 35,76-70, Dec. 35.75-77,landa West Indies 7.69, Holland Den- March 35.66, May 35.28, July 10.63, Panamin 4.02, 4.04,
New York, Aug. 23, developments that point toward Cotton fatures moved lower in lower tariffs and froer multilateral quiet trading with rallying ten- trade among nations.-Associated deneles checked by persistent
hedge selling against the move ment of the new crop.
Futures closed $1.05 to $1.05 a bale lower.
Prean.
S'HAI EXCHANGE
ON
FRIDAY, 30th. AUGUST, -
at 7.30 p.m.
IN AID OF
SERVICE CHARITIES
(Space kindly donated by
Messrs. Mackinnon, Mackenzie & Co.)
MAERSK
LINE
M.S. "TREIN MAERSK”
Sailing on 28th August.
Monday's Today's 84.68, Oct. 12.25, Middling spot mark 19.32, 19.36. Prague 201, Loading for New York. Atlantis Forts via Los Angeles, Paname
Closing Opening 86.59 nominal.Associated Press, 202, Norway 19.98, 20.02-Router,
Shanghai, Aug. 28..
11.9. Dollars Buying Selling Buying
3,300.
0,340
Hongkong Notes
Selline
3,410
*3,860
745
710
765
720
Bus
210,000 208,000
218,500 · 200,000
Buying Selling Sterling Uneficial
Buying Bolling
· 12,600-
11,800
11,800
12,600
11,000
Selling
THE SWEDISH EAST ASIATIC CO., LTD. Sterling Bank
'Outwards
M.V. “TRAVANCORE”
M.V. "NAGARA”:
Homewards.
M.V. "MINDORO” ·
· MY., “NAGARA”.
đua Hongiong 3th Soph
due Hongkong early Oct
ン
loading 2nd halt ove
... loading 1st half Oct.
Loading for Port Bald, Marsellies, Antwerp, Rotterdam,
Copenhagan, Oslo & Gothenburg, For further particulare, apply to:- GILMAN & CO., LTD.
(Shipping Dept.
Phone 7871).
12,200 12,400 12,100
Beuior.
Washington, Aug. 27. The position of the United States Treasury on Aug. 22. com- pared with the corresponding data Wasze tatal pubile debt 6,000 nd208, 240,380,000 gold gueta 120,274 - 001,000 3 820,088,289,000A soolated Press.
TAK CHEONG SHIPPING CO.
s.s. “MAIWARA”. ' Loading on September 4th for
HAIPHONG via MACAO
58. "EDNA" Loading on August 29th for FORMOSA via SWATOW
For Freight and Particulars please apply 'to:- -TAK CHEONG SHIPPING CO., 20, Des Voeux Road 04 81 Mibor,
Tel 26180
25th August. (No Passages avaliablo)
for Farticulars please apply to:-
JEBBEN & CO., Agents
Pedder Building, 7th floor: (Shipping Department Tel No. 22869)
BEN LINE STEAMERS LIMITED.
SAILINGS TO UK. VIA STRAITS. FREIGHT ONLY. “HENRINNEJ" loads for UK. .............
“BENGRUACHAN" - "EMPIRE WENHAM”.
VESSELS DUE
For particulars apply tolm
second half Sept
mid. Begt. 1st Sept.
W. R. LOXLEY & CO. (CHINA), LTD.
York Building
STÓŁ BALOKU