DE LA RAMA LINES
EXPRESS CARGO LINER' SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS M.V. DONA NATI
Loads For
New York, Boston, Philadelphia
And Baltimore
via Honolulu, Los Angeles and Panama
3rd October
THE DE LA RAMA STEAMSHIP CO, INC.
Peder Building TEL: 23676
Chinese Shipping Office Tel. 20158
BUTTERFIELD & SWIRE
1, CONNAUGHT ROAD CENTRAL Telephones: 80881-8 Private Exchange.
Agents: CHINA NAVIGATION CO., LTD.
"FOOCHOW" "NANCHANG"
"NINGHAI"
“HANYANG"
"TATSHAN”
SAILINGS TO
Shanghal 2 p.m. 18th Sept. (No Passengers) Swatow, Shanghai & Tien- sin 2 p.m. 19th Sept. Singapore & Penang 4 p.m. 20th Sept. ARRIVALS FROM
Tientsin & Swatow 22nd Sept.
CANTON RIVER LINE
Salls noon 10th Sept. Arrives 2,30 p.m. 21st Sept. Sails 7 n.. 23rd Sept. Arrives 5.33 p.m. 25th Sept.
Agents: BLUE FUNNEL LINE
UK. SERVICE Salling
"PROMOETHEUS"
11th Ort.
"BENRINNES"
"THESEUS" "SAMOA"
For
Port Said. Liverpool via Straita,
From
Arriving
10th Sept.
UK via Straits
27th Sept.
28th Sept.
do-
"SAMAFFRIC"
Early Oct.
-do-
"ANTILOCHUS"
Mid. Oct.
-do-
NEW YORK SERVICE
Arriving
From
"GLAUCUS"
3rd week Oct.
New Yoric
Agents:
AUSTRALIAN - ORIENTAL LINE, LTD.
"YUNNAN"
Salling
For
3rd week Sept.
Sydney and Melbourne.
All The Above Subject To Alteration Without Notios. For Passage and Freight Far ticulars Apply To The Above.
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Halyang”
Sailing for Swatow & Amoy on or about 23rd Sept.
Subject to alteration without Notice.
For Particulars of Freight & Passage. Please apply to:---
DOUGLAS LAPRAIK & CO.
General Managers.
P. & Q. Building, 5th floor. Tel. 23755.
or
CHINESE SHIPPING DEPT.
20 Connaught Road, Central. Tel. 24639.
THE CHINA MAIL, WEDNESDAY, SEPTEMBER 18, 1946.
Sterling-Dollar Rate To Stay
London Stock Exchange
ing
London, S.pt. 16.
106,
War
JARDINE, MATHESON & CO., LTD
SHIPPING DEPARTMENT
16 Pedder Street
General Managers.
INDO-CHINA S. N. CO., LTD.
London, Sept. 16.
Cousols, 2 per cent 1946/75 Britain's Chancellor of the Exchequer, Mr. Hugh
07-11/10, Conversion Loan, 311⁄2 Dalton, today confirmed that the sterling ex- per cent 111%, War Loan, 3
per cent 107-0/10, New change rate which Britain will "communicate”
Loan, 3 per cent 105%, Saving to the Bretton Woods International Monetary
Bonds 8 1985.66
Sov→ Bonds 3%
106%, 1060.70 Fund will be the present exchange rate; that
Saving Bonds 3 1965.76 1074,
S.S. "HINSANG" he sees no reason to contemplate any change
Victory Bonds, 4 per cont 110%, in the sterling-dollar rate: that Britain does
German Loan, 7 per cent (Dawes).
Bonds, G
(5.5. “KWAISANG" not intend to apply for a loan from the Bret-10%, Japaneso cent 1907 19,
Canton-Kowloon S.S. "WINGSANG" ton Woods World Bank and that he knows of
23, Tientsin Pukow, Rail- Ralway no misunderstanding between Britain and the
way, G per cont 20, Lung-Taing United States as regards Britain's obligations under the Anglo-American loan agreement, particularly in regard to Britain's forthcoming negotiations for settlements of sterling balances held by India, Egypt and other coun- tries.
The Chancellor was discuss- ing his Imminent departure for North America. primarily to attend the first meeting of the Boards of Governors Df the Bretton Woods World Bank and the Internatinal Monetary Fund.
On the exchange rates, the London view is that this is no
N.Y. STOCK MARKET
Closing tions:
Adamis
SAILINGS
(No Passengers) to Labuûn & Sandokan 22nd Sept.
to Salgon, Singapora & Penang 24th Sept. to Shanghal 27th Sept.
ARRIVALS
U. Hai Rly, 6 per cent, 1013 28. S.S. "KWAISANG".. from Tientsin, "Tsingtas & Kechung 19th Sept.
cent 1913 Reorg Logh, 56 per
IN PORT (London Iss) 60, Crisp Loan, 5
per cent, 1011 47, Hukuang Rai 8.8. "EMPIRE FARRAR”
1911 28, Honnn 8.5. "ERANG" way, 5 per cont, Railway, 5 per cent, 1005 32% 5.5. "EMPIRE WITHAM"
Shanghai-Nanking Railway, S.S. "HINSANG"
per cent 28, Mercantile Bank of India, "A" 23%, Chartered Bank
Shanghaf Banking
H.K.
Kowloon Dock Kowloon Dock
(Ben Line Berth) Kowloon Dock, Kowloon Dock,
Subject te alteration without motion,
of I. A. & C. 14 r All intending Passengers are requested to register their, namiej: as
85, Lydenburg Estates
South Africa Townships 28/10, far as possible in advance of the time at which they wish to lea
Selection Trust 40/10, South Africa Torbanites 12, Canadian Pacific 20, Mexican Eagles 14/1.
New York, Sept. 10.
market quota-Reuter. stock
Agents: GLEN LINE LTD.
ĮM.V, "GLENARTNEY”
time to contemplate changes, Juneau 6%, American Felephone DEPARTMENT BUYING SS. "GLENAFFARIC"
15, Alaska Express
177, American Tobacco 80, American Waterworks 18% STOPS
In all other cases wherevertive the present exchange rate ca be regarded as anywhere near equilibrium with the dollar, Londen feels that making changes would do more harm than good.
Too Quick
The
Principal cash paying countria who will do their own buying are the United Kingdom, Belgium, Netherlands, India and Nother- lands East Indles.
}
Arrd. from UK. Holts Wharf.
... due from UK. 27th Sept. Loads for Rotterdam, Antwerp, Amsterdam & London ith Oct.
Managing Agents: AUSTRALIA CHINA LINE
Loads
for Sydney, Melbourne, Adelaide enrly October.
... due from Sydney 30th Sept,
Agents: PRINCE LINE LTD. Chinese Freight Agents: CHEONG FAT CO., 54 Bonham Strand E. Tel: 20087.
not merely for sterling but for almost all currencies except where there is clear evidence Anaconda Copper
Aviatio Corporation 8,
Washington, Sept. 10. of gruas maladjustment.
Locomo- Baldwin 23
Agriculture Department Barnsdall 23%, Bendix
Steel has notified eash-paying govern- Aviation 37, Bethlehem 94%, Boring Aircraft 25, Borden ment or meat products, exclusivo monts that it will bug, no more Co. 47, Canadian Pacific 14%, Chryser 10%, Colgate 60, Com- of lard, for them after Sept. 30.
Department buying honceforth M.V. "KAFIRISTAN" mercial Solvents 23%, Corn P10- acis G24, Dupont De Nemours will be given over to the needs 179,
Eastman Kodak 216, Electrie of military services, other Gov-SS. "PERIOD" Light and Power 17%, General ernment agencies and UNRRA. Electric 30%, General Motors 60%,
GO Goodyear It is no secret that respon-Goodrich 72%, sible London quarters feel that Homestake Mining 361⁄2, Inter- Harvester 84, Inter some countries, notably Sweden, national altered which recently
their national Paper 43, International
has already The Department currencies, acted too precipi- Tel & Tel 19%, Johns Manville
123
Kennecott Cupper 40, stepped out as
as a buying agent for tately and may later have cause for regret, though naturally the Montgomery Ward 71%, National flour, other wheat products, onts. grain, sorghum, cotton, tobacco. Chancellor
of the Exchequer Distillers 24, National Lend 30%,
New York Central 17/1 kard fruits, vegetables and augar, ex- himself does not talk for pub-Motors 734, Pan-American Ai- cept for the Philippine Govern lication on such points.
ways 16%, Pennsylvania, RR 32, ment.-Associated Press. Borrowing from the World Radio Corporation 17%, Iteal Silk Bank is designed primarily for 21%, Republic Steol 202 Rey- LONDON DISCOUNT rehabilitating countries which nolds Tobacco 38%, Schenley 70.
Shell O suffered enemy occupation and Sears Roebuck 30%. for developing backward coun-13, Socony Vacuum 14k, South- ern Pacific 484, Standard Brands! trica.
3914, Standard Oil of Calif. Standard Oil of N.J. 68%, Stude haker 23%, Union Bag 28%, Union arbie 80%. U.S. Rubber 60, U.S. Steel 72%, Westinghouse 20%, Youngstown Sheet & Tubo
dollar
Since the United States and Canurilan loans cover Britain's London requirements, feels that these other countries have a stronger claim on the World Bank's facilities and for this and other reasons, Britain herself does not intend to apply for any of them. Britain's own
contributions Bank and to both the World
Fund International Monetary will be paid on or before the due dates.
July Deadline
The agreement with Argen- tina is regarded as a good with Augury for settlements other holders of sterling balan-
ccs.
govern-
66.-Associated Press.
Packard
BOMBAY SILVER & GOLD
Bombay, Sept. 10.
Rupees Annas 163 14 por 100 tolas
14 100
per 100 talas
Silver, Ready
Silver, Forward
Gold Delivery
97
14
per tola
Gold Forward
Sovereigns
96
06
per tola 08 08
Ench
per
Alexandria, Sept. 16.
Ang
ounce
Reuter.
As was already known, nego- tiutions with India cannot start until the new Nehru
Gold,. ment gets into its stride.
Similar
Piastres.-Reuter. negotiations with Australia and New Zealand will wait until after their respective forthcoming genoral elections and sterling balances do not figure in the present Anglo- Egyptian treaty negotiations.
But the Chancellor of the
RATES
London, Sept. 18. Day to Day Loan 1⁄2 per cent, Short Money to 1, Bank Bille, 3 Months 17/32, Bank Bills,
Fine Trade Months 3/16 to
to 1%, Fine Bils, 3 Months Trade Bills, 6 Months 2 to 24 Treasury Bills, 2 Months
1/2 to 17/32. Treasury Bills, 3 Months 1 to 17/32-Reuter..
TREASURY POSITION
Washington, Sept. 17. The position of the United States Treasury on September 12 compared with the corresponding date a year ago:
Total public debt $265,700,371,- 000 and $263,178,288,000.
Gold assets $20,202,910,000 and $20,005,980,000.—A s s ociated
Press
Agents: THE WESTERN CANADA
STEAMSHIPS LTD.
5.S. "KITSILANO PARK"
..Arrd, from Vancouver Buoy E2.
PENINSULAR &ORIENTAL STEAM
NAVIGATION COMPANY
October
Bhip
"BENALDER" "HICKORY STREAM" "TREVETHOE" "GLENIFFER". "EMPIRE RAJA" "TREVAYLOR"
From
Dur
U.1..
End September
U.K.
Early October
U.K.
U.K.
U.K.
U. K.
Ship
Loads For
U.K. via Straits
-
"SAMSOARING"
October
October
November
Ready
23rd September
Accepts cargo for LONDON, ANTWERP & ROTTERDAM
BRITISH INDIA STEAM NAVIGATION CO., LTD.
REUTER U.K. INDEX
SHIP London, Sept. 10. Industrials 149.1, Kars 108.7, OBRA
Commodity SHIP 02.6, 171 Home Rolls
284.1.-Reuter.
OBRA
AMERICAN PRESIDENT LINES LTD.
Speed-Frequency-Dependability Refrigeration Special Cargo O Tanks-Cargocaire-Specie
SAILING FOR
Exchequer evidently hopes that S.S. "LOUIS MCHENRY HOWE" 19th Sept. Singapore, Bambay,
in all cases, mutually satisfac-
tory settlements can and will
be reached by the deadline of next July laid down Anglo-American
ment-Reuter.
loan
in the agrce-
9.5. "PRESIDENT POLK”
New York
The HO HONG STEAMSHIP Co. (1932) Ltd. Exchanges
S.S. "HONG KHENG”
LOADING
21st September
SAILING
23rd September
FOR SINGAPORE AND RANGOON
For Passage and Freight particulars apply:
THE HO HONG CO. (CHINA) LTD.,
48a, Bonham Strand W.,
Tel. 20127 & 25646 Subject to alteration without notice
"WEEKLY CHINA MAIL"
Containing
ALL THE LOCAL NEWS OF THE WEEK
From The
“CHINA MAIL" & "SUNDAY HERALD"
ONLY 30 CENTS
"ON SALE: EVERY: THURSDAY
3
S.S. "MARINE FLIER"
Buer, Port Said, Alex- andria, Leghorn, Genon, New York and Boston. 20th Sept. Manila, Singapore,
Penang, Colombo, Bom
Suez, Port Said,
. Na
Genon, Mar New York and
Boston. 21st Sept. Manila, Singapore, Po-
nang, Colombo, Bom bay, Suez, Port Sald, Alexandria, Naples, Leghorn, Genoa, Mar- seilles, New York and Boston. 22nd Sept. San Francisco and Los
Angeles.
Brd Oct. New York and Boston. For Passage and Freight apply to:- AMERICAN PRESIDENT LINES LTD. 81. George's Bldg.
Tel. No. 28172/28175.
The East Asiatic Co., Ltd
New York, Sept. 10. American A/C Sterling
American 4.034; 4.03,
A/C S.S, "HAMILTON VICTORY" Sterling Montha 4.03-5/16, 4.03-9416, On Sweden 27.82, 27.86, 9.9. “NONPAREIL"
(ન. France 64, 84, Switzerland cial) 24.00.
24.25
Switzerland (Free) 24.05 offered, Spain 9.20, Portugal 4.04b, 4.085, Australia 3.29. New Zealand 125, South Africa 4.02, British East Africa 20.25, India 80.29, China 3,320b, 3,180, Argentine (Omelal) 20.78, Argentino (Fren) 24.80 offered, Brazil 5.45, Bolivia (Oficial) 2.00, Bolivia (Free) 2.88, Chile (om. cial) 6.10, Chile (Free) 3.25, Chile (Export) 4.00, Colombla 56.99, Cuba 100, Ecuador 7.600, Guatemala 100, Holland. 87.79, Mexico 20.60, 20,08, Peru 15.50, 58.00b, Venezuela 29.90, West Indice. 68.05, herlande Dutch Guiana 53.85, Montreal on London 4.02, Montreal on New PORT SAID, ANTWERP, ROTTERDAM, AARHUS, COPEN- York. 98.250, Swiss Bank Notes HAGEN OSLO & GOTHENBURG rate 28.00, 80.00, Belgian Franc 3.28, 2.28-Reuter.
LONDON SILVER
& GOLD
London, Sept 16. Silver Spot, per fine on, 551⁄44d. Bitver, Forward per fine ok. 853⁄41⁄20, Dar Gold, Fine, os. 178/8---Heuter,
of Copenhagen
Homewards
· M/S “KINA”
loading here about 21st September for
4.5. "TAHSIS"
2. "TAHSIS”
due Hongkong about 21st Sept from U.S.A. via Bhanghai. .loading for Bangkok about 22nd
Sept.
For further particularà apply to THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floors,
Tel. 34111 & 84112.
FROM
Rangoon
LOADS FOR
Straits, Madras, Calcutta.
DUE
Early October
READY Mid-October
EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.
SHIP
"POYANG"
SHIP
"NELLORE
FROM
Australia LOADS FOR
SYDNEY
For full particulare apply to
DUE
20th September
READY
20th September
MACKINNON, MACKENZIE & CÒ.
Telephone Nos. 27721-4.
MAERSK
LINE
M.S. “MARCHEN MAERSK”
Loading for Los Angeles, Panama, Baltimore, Philadelphia, Bostom
and New York
24th September.
for Particulars plaaso apply to:-
JEBBEN & CO., Agents
Pedder Buliding, 7th floor.
(Shipping Department Tel. No. 28802)
BEN LINE STEAMERS LIMITED.
SAILINGS TO UK VIA STRAITS.
|SS. "BENLOMOND"
6.8, "BENCRUACHAN"
6.5.. "BENRINNES 8.3. "BENALDEN" 8.5. “BENLOMOND"!.... 8.8. "BENCHUACHAN”
FESIGHT ONLY.
"VESSELS DUE
LOADING
Lalo September.
Late September.
.loading for London 2nd half Sept.
2nd half Sept.
2nd half Sept.
W. R. LOXLEY & CO. (CHINA); LTD.
York Ba