DE LA RAMA Lines
M.V. DONA NATI
LOADING FOR
HONOLULU, LOS ANGELES, CRISTOBAL
& ATLANTIC COAST PORTS
11th OCTOBER
THE DE LA RAMA STEAMSHIP CO. INC.
Pedder Building
TEL: 28676
Chinese Shipping Office
Tel. 20159
BUTTERFIELD & SWIRE
1. CONNAUGHt road cenÍRAL Telephones: 30831-8 Privata Exchange.
Agents: CHINA NAVIGATION CO., LTD.
SAILINGS TO
"NEWCHWANG" ... Salgon, Singapore & Penang Noon 4th Oct. "HUPEH"
"FOOCHOW"-
*FENGTIEN"
. "POYANG"
"FUKIEN" “HANYANG
"FUKIEN"
HANYANG *ANHUI"
"KWEIYANG" "NINGHAT'
#
"FATSHAN"
1
*
"SAMOA"
Shanghai, Tsingtao & Tientsin 4 p.m. 5th Oct. Singapore Macassar & Batavia 2 p.m. 7th Oct, Shangbal Z p.m. 7th Oct.
Bangkal 4 p.m. 7th Oct. Amoy & Shanghal 7 am. 8th Oct. Shanghai 4 pm. 12th Oct.
ARRIVALS FROM
Java & Singapore 2 p.m. 4th Oct. Shanghal & Foochow 8th Oct. ...... Singapore 14th Oct Bangkok, Saigon & Swatow 16th Oct. Singapore 18th Oct. CANTON RIVER LINE
Salls 4 n.m. 5th Oct, Arrives 3.30 p.m. 7th Oct. Sails & am, 9th Oct. Arrives 5.30 pm. 11th Oct.
Agents: BLUE FUNNEL LINE
U. K. SERVICE
Sailing
11th Oct.
For
"FROMOETHEUS"
Port Sald, Liverpool via Stralis.
"ANTILOCHUS“
21st Oct.
Activing
From
3rd Oct.
UK, via Straits
Mid. Oct.
12th Oct.
~~do~~ -do-
Mid. 'Oct.
—
20th Oct.
want!
From
New York
"SAMAFFRIC"
"ANTILOCHUS”
"SINKIANG"
"LYCAON"
"GLAUCUS" "EURYBATES"
NEW YORK SERVICE
Arriving
Brd week Oct. Mid Oct.
Agents:
New York via Sydney.
AUSTRALIAN - ORIENTAL LINE, LTD.
"TOCHOW"
Arriving
Mid. Oct.
From
Australia
All The Above Subiect To Alteration Without Nolice. For Passage and Freight Particulars Apply To The Above.
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Haiyang"
Sailing for Swatow, Amoy & Foochow on or about 10th October
Subject to alteration without Notice.
For Particulars of Freight & Passign. 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.
BEN LINE STEAMERS LIMITED.
SAILINGS TO Ú.K. VIA STRAITS,
S.S. "BENCRUACHAN”
S.S. "BENLOMOND"
8.S. "RENAŽDER”
AS. "BENLOMOND"
6.S. "BENCRUACHAN”
FREIGHT ONLY. VESSELS: DUE
Discharging Kowloon Wharf. 3rd Oct.
LOADING
Joading for London Ist half of Oet.
"
and half act.
"
2nd half of Oct.
W. R. LOXLEY & CO. (CHINA), LTD.
1
York Building *
Fol. 54155.
SWEDISH EAST ASIATIC CO., LTD..
HOMEWARD M.V. MINDÓRO.... Now loading Hong Kong
Ballé October 8th -
for
rh : "Haid, Marseillés, Antwerp Rotterdam, Copobhagen, Oslo and
dothenburg,
par partlike particulars, applų tai,
GILMAN & CO., LTD.
THE 'CHINA MAIL, FRIDAY, OCTOBER 4, 1946.
China Trade Give False
London Stock Market
London, Oct. 2.
Figures Picture
Shanghai, Oct. 3. China's foreign trade position showed a consider- able improvement in Angust, with the ratio between Imports and exports dropping to 2.26 to one against 18 to one for June and four to one for July.
*
Practically all sections of the According to Customs statistics just issued, the value of exports in August totalled CN$49,709,- 000,000 (about £3,820,000 at the new rate of exchange of CN$3,350′ for one U.S, dollar), or more than double the July figure of CN$23,740,381,000. Exports also rose but only slightly, increasing from CN$94,034,000,000 in July to CN$117,954,817,000 in August.
'stock market
again moved to lower levels but no really natis- factory explanation for the lack of confidence was forthcoming.
Home rails and other nation- allation alock again proved the exception to the general rule, pro- vincial having being responsible
ar the improvement.
Industrials showed widespread feelings though some botter class fasten finished alightly above the lowest.
Cotton again hended the lint of importa, followed by chemienia and medicines, while bristles. tung oil, row alik and leather and hides Local selling had unwillingness recupled top place among ex- of the Cave to tako,the stock porta. offered caused substantial declines While one or two Chinese notes, in Kars. In the foreign see-papera attribute this improved tion, the latest
news regarding showing to the roadjustment at the internal Aituation adversely the foroign exchango rate affected Chinese issues.
which took plse, on Aug. 19, the majority of businessmen do not share this opinion and prefer to await the September figures which they think should be a better criterion.
+
N.Y. Stock JARDINE, MATHESON & CO., LTD. N.Y.Stock Exchange
New York, Oct. 1: Stocke achieved a modest come- hack after three successive fosing sessions, picking up fractions to around two points,
Steels and Rails led the way in tho early upturn although gaine wero acattered.
Some advancen were trimmed slightly as demand tagged bat many issues closed at best.
Transfer totalled shares.
100,000
Higher were Bethlehem Steel, Youngstown Sheet and Metal. U. 8. Steel, Santa Fe. Southern Rail- Cherabcake and Ohio, American Teleulono, Goodyear, U.S. Rubber, Montgomery Ward. International Telephono, Chrysler. General Motors, Weatinghouse. Dupont, Texas Company, Ameri- can Smelting. Woolworth and Allied Chemical,
Demand for lending issues was said by some brokers to be based on the idea the list is in a pol- One big Chinese businessman tion for
a recovery muve and who has moved bag and buggavlelds are becoming attractivo at to the British colony mentioned current prices. the following as the four major The Dow Jones Averages: obstacles to prefitable trading” in- Stocks 62.00, 20 Industrial- Shangan,
172.72, 15 Rails 47.80, 10 Utilitles 34.00.
continued flight of capital Hong Kong, which is reported to have hitherto absorbed About CN610,000,000,000 (approximate ly £770,000) of Shanghal's idle funda.
Closing quotations:
Consola, 2 per cent 1948/ 37-7/16, Conversion Loan, 33% pur
1. High rentals and loan in cent 112, War Lonn, 3% per cent
terest rates, the latter sometimes 1074 New War Loan, 6 por
reaching 30 por cent cent 100-3/16, Victory Bonds,
Adams Express 15, Alaska 2. The exorbitant cost of Iv-Juneau B, American Con 94, per cent 110%, Saving Bonds 45%
ing, which is the basic cause of American Smelting, 40%, Amer. 1955,65 100%, Saving Bends 3% No Improvement
the never-ending labour troubles can Tobacco 774, American 1800.70 100. Saving Bunda
Certainly, nothing has happen- | Jocally.
Waterworks 18%, Anaconda Cop. 1005.75 107% German Loan, ed in the past month, to justify 3. The high insurance ano Der 388, Aviation Corporation per cent (Dawes) 11. Japanese a reversal of the previous Des- transportation sharges, and che 7 Baldwin Locomotive 21%, Bonds, 6 per cent, 1907 19. Can-simism over trade prospects here. compllcnted importing procedure Barnsdall 24%, Bendix Aviation ten-Kowloon Fallway 21. Tientsin With each rise of the United The businessman disclosed that 30%, Bethlehem Steel 97%, Boeing Pulow Railway, 5 per cent 264. States dollar in the open market it usually took three to five weelta Aircraft 24, Borden Co. 47, Lung-Telog U. Hai Rly. 5 par there has been a corresponding to unload a ship because of official Canadian Pacific 13, J. I. Cane cent, 1913 26.
Rearg. Loan. 5 Increase in the prices of commòdi- | red tape. ··
87% Chrysler 03, Colzato GO. per cent 1913 (London TAB) 51, ties and foodstuffs. As a Toruit, 4 Currency Instability.
Commercial Solvents 234, Corn Crisp Loan, per cent. 1911 47. the industrial and labour situation Most of the Coincse businessc Products 02, Dupont de Nemours Hakunng Railway. 5 per cent, has shown no improvement. which have moved to Hong Kong 186, Eastman Kodak 210. 1911 28. Hanan Railway, & per Native industries are still feel are banks and irsport and export Electric Light & Power 10%, Geu- cent, 1905 3216. Shanghai-Non- ing the pinch of imported pro- houses interested in the Soubral Electele 80%, General Motors king Railway, 5 per cent 28, Mer- duets which, as the Augest in Seng trade.--Reuter.
60%, Goodrich 70%, Goodyear cantile Bank of India "A" 23, port figures show are still pour
674, Homestake Mining 374, Chartered Bank of I. A. & C. 12, ing into China. Recently one Chi-CHICAGO GRAINS International Harvester 76, In- H.K. & Shanghai Banking Cor nose newspaper estimated that
Inte:- ternational Paper 42%, paration F, Lydenburg Estates between 60 and 80 per cent of
Chiengo, Oct. 2. 107/6, South Africa Townships China'n factories are idle because Demand from shipping and ex-national Tel & Tel 19%, Johns 28. Selection Trust 40/7, South either of foreign competition or port houses accompanied by Manville 125,, Kenneentt Copper
aggressive covering, by previous tional Distillers 444
46. Montgomery Ward 73, No- Africa Torbanites 11/9, Canadiantrede depression, and the recent
National Pacific 184. Mexican Eagles decision of the Chinese Chamber short sellers created A streng of Commerce here to send a dei legation to Nanking to petition for increased aid, Bnancial and otherwise, indicates that thing are not much better today.
14/9.-Reuter,
LONDON SILVER & GOLD
London, Det 2. Silver. Spot, per fine oz. 56%, Silver. Forward per fne oz b&1⁄4d, Bar Gold, Fino, oz. 172/3.-Reu-
ter.
Flight To H.K. Another indiaputable indication that business conditions here re- main muck to be desired is the
Japan Back In The Trading Picture
Tokyo, Oct. 3.
Japan, once the Orient's dominant industrial and trading nation, will be engaged in foreign trade with Asiatic nations again by the end of this year, according to F. E, Pickelle of Allied Headquarters' Foreign Trade Division. Trade missions from Burma, Hong Kong, Singapore and the Malay Union and Calan have already completed arrangements whereby they will acquire Jar- anese textiles, chemicals, clucks," bicyeles, electric appliances and other things. Pickelle said.
In return. these nations will rend Joran basic raw material Ruch a coal, asphalt, rubber, for- tilizer. tanning materials for leather, faxoeticide, med!ent and dental supplies and pig-jron.
Missions from the Philimuine Korea, India and Russian inson groups are also discussing with SCAP and the Japanese Govern ment, - termé and products fe trade relations, with those conn tries.
Guided Economy Pickelin said one of the aria cipal aims of SCAP' m.proved foreign trade programme is to obtain raw materials for Javanese | industries which are at present at
a low production level.
He said "a guided and directed economy" for Japan would resal
Exchanges
In London
London, Oct. 2.
On New York 4.025, 4.035. Montreal. 4.02, 4.04, Zurich 17.34. 14.47, 14.50, 11.96, Stockholm Buenos Aires unquoted, Brazil 78.4416, Brasi (sellers) on- quoted. Uruguay unquoted Bel- glum 167.50, Paris & French Em. pire 479.50, 480.30, Syria 881, 885, Lisbon 99.80, 100.20, Swiss Bank Notes Middla 17.20, 17.50. Netherlands West Indles 7.08, Netherlands East Indies 10.03, 10.70, Holland 10.63, 4.02, 4.04, Denmark 19.82, 19.30, Prague 201, 202, Norway 10.08, 20.02, Palestine 99, 100%,
Panam
Forward Hates. One Month:-- United States
P. D. Canada. KD, Switzerland
as SCAP will approve the impart p, D. Sweden 1% p. 1 D. and production chuanola ints Paris 40 cents, 40 cents, Holland which such materials will be fut-1 cent, 1 cent.
nelled. Main Japanese export, Bank of England Clearing In the near future will be textiles. Bates: Madrid 44.00, Italy 71.26. Pickelle sald, with shipments f Free Market Raton: Indin other products increasing as fac-17-94, 18.06, Australia 126, 126.60), taries begin processing the Ita-New Zealand 12437, 126, South Africa 100, 100.50, Teheran 128, ported raw materials.
Such trading will open on an 1130, Alexandria 97.975, 97.826, account basis. . Current plans Singapore 2/4-1/32, 28-4, Hong- call for settlement of accounts long -1/16, 1/3-1/16, Phil
8.20. 8.15, Rangoon each six months, he said--Asse- f pinea clated Fress
New York Exchanges
| 1/5-15/10, 1/6-1/10, ... - Shanghai
unquoted..
Special A/C Rates: Lima 20.10, 20.16, Lápaz 168,82, 170.32, Val-
market in corn futures,
Oats and wheat were firm. The strengthening of corn was 靄 firmer caan attributed market.
to
Whent 1 cents higher, Janu- ary $2.0214; March 81.974; May $1.93%. Corn advanced 2% to 8 cents, January 1.36% dats up
to 15-Associated Press,
TEXTILE MARKET
New York, Oct. 3. Selling houses began to release cotton textiles following study of the new October cellings on goods. Further buyer activity for Spring lines of woollens and worsteds was noted,
The raven market remained quiet.-Associated Press,
30%, New York Central-16, Pne kard Motors 0%, Pan-American Airways 15%, Pennsylvania RE 27. Radio Corporation 10%, Re- public Steel 26, Reynolds Tobacco
37, Echanley 05, Sears Roc- buck 31% Shell O. 38, Socony Vacuum 14%, Southern Pacifc 44%, Standard Oil of Calif. 55%, Standard Oil of N.J. 68, Stüde- baker 23% Union Bag 28% Union Carbido 945, U.S. Rubbe 69%, U.B. Steel 71, Westing- house 20%, Youngstown,Sheet & Tube 64.Associated Press.
N.Y. COTTON
New York Oct. 2. Cotton futures advanced over a bale on brand trade and out- alde buying prompted by the lower arop forecast. and heavy moves ment of textiles. The market es-
REUTERS U.K. INDEX tablished new 20-year highs.
London, Oct. 2.
Oct. 39.16-17, Dec. 38.68-7-4 Industries 141.8. Kafire 102.1, March 88.32. May 37.78-30, July Home Falls 94.8, Commodity 96.96-08, Oct. 33.46.-Associate 292.2.--Reuter.
Press.
Winniner. Oct. 2. Rye, October 235%ths.-Anso- ciated Prosa.
Minneapolis, Oct. 2. Four and flax unchanged-As- sociated Press.
SHIPPING DEPARTHENT
10 Podder Stress ·
TW, 80811,
General Managers.
INDO-CHINA S. N. CO., LTD.
5.8. "KUTSANG"
S.S.""MAUSANG"
S.8. "WINGSANG"
SAILINGS
to Shanghal sidet.
to Straits & Calcutta 7th Del
... to Shanghai Dih Öct.
5.9. WOSANG" to Kochung (If sufficient inducement) 1201 Oct.
(Cargo and Passengers)
S.S. "WINGSANG S.S. TUTSANG”
5.8. "EMPIRE. FARRAN” S.6. ESANG” S.S. EMPIRE WITHAM! S.S. "MAUSANG" 5.5. "EMPIRE FRASER” S.B. "HICKORY CREST" 3.S. "TAKSANG"
ARRIVALS
from Shangbat 8th Det. from Calcutta & Straits 6th Oct. IN PORT
Kowloon Bay. Kowloon Dock.
(Ben Lino Berth) Kowloon bek
“Subject~to¬at:eration" walkhout notice,
Eudy. A./10. Cosmo Pock. T.SE War. Buy 2.
All intending Passengers are requested to register their navice OS far as possible in advance of the time at which they wish to leade
Agents: GLEN LINE LTD.
S.S. "GLENAFTARIC"
S.S. "SZEQHUEN” M.V. DENBIGHSHIRE
Arrd. from UK. Discharging Tal- koo Sugar Refinery. Londs for Rot- terdam, Antwerp, Amsterdam zde London 10th Oct,
duo from UK-$& Oth due from UK-end Opt.
Managing Agents: AUSTRALIA CHINA LINE
S.S. "PERIOD”
due from Sydney Mid Ost.
Agents: THE WESTERN CANADA
Ship
STEAMSHIPS LTD.
PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY
"BENALDER" *"OTRANTO" "EMPRESS OF
AUSTRALIA"
"TREVETHON". "GLENIFFER"
"TREVAYLOR"
From
U.K.
Mid Oct
U. K.
19K
U.K.
20th
UK.
U.K.
U.K.
* duc Colombo 4th Oct., Singapore 8th Oct,
Ship
Loads For
"SAMETTRICK" Straits, Bombay & U.K.
10th Octoller
Accepta cargo for LONDON, ANTWERP & ROTTERDAM
sumed trading in futures follow- BRITISH INDIA STEAM NAVIGATION CO., LTD.
New York, Sent, 2. The Cocoa Exchange today re-
ing the OPA announcement of a 6.85 cents per pound increase in the import price of raw codon. Associated Press.
DODWELL & CO., LTD.
:
Agents for
DODWELL-CASTLE LINE BARBER-WILHELMSEN LINE
Regular monthly sailings to the U.S.A.
In port:
BI/V "Stanhail'
Due to arrive:
M/V Rondeau Park"
S/S "Noreig"
S/S "Sammont"
Hongkong & Shanghai Hank Bldg.
SHIP
*BINFIELD "SILVERGUAVA".
SHIP
"AINFIELD"
FROM
Han goon Madras
LOADS FOR
Straits, Madras, Calcutta.
DUA Early October
13th October
READY
Bad-October
EASTERN & AUSTRALIAN STEAMSHIP CO., LTD
SHIP
"EASTERN"
LOADS FOR
Sydney & Melbourne
For full particulars apply to
READY
15th October
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4,
AMERICAN PRESIDENT LINES LTD.
Speed-Frequency-Dependability Refrigeration Special Cargo GC Tanks-Carpocalcai-S
14th October
Middle October
End October"
Telephono 28021.
S.S. "NONPAREIL" 5.2. MARINE LEOPARD"
PRINCE LINE
paraiso 100.025, 101,360, Turkey S.S. "SAMMEX" ..... Enquoted:
Central American, A/C Rates: Moxico: 10.45 19.05, Bogota 7.04 7.08-Reuter.
New York, Oct. 2. American A/C Starling 4.00% 43, American A/C Sterling 3
LONDON Months 4.03-7/18, 15.03-9/18. "Ou Sweden 27.38 offered. Franco 84. 844,, Switzerland (Official), 24.00, DISCOUNT RATES 24.26 Bwitzariani (Frea) 24.45,
London, Oct. 2. 24,60, Spain 9.20, Portugal 4.04,
Day to Day Loon 1⁄2 per cent. 4.066, Australia 3.28. New Zo" | Short Money, * to 1, Dank Bils. land 4.25, South-Africa -4.021⁄2, 3) Months 17/32, Bank, Bills, 13 British East Africa 20.25, India. | Months 0/16, to %, Flag Trade 30:29, China · 3,ado, Argentine | Dills, &, Months 1 to 19, Fine (Omejal) 29.18. Aræontina (Frae) | Trade BU,,,€ Months 34 to 24%, |24.70 offered. · Brasil 5.45. 'Holivia Treasury Bills. 2 Months 30 to (Official) - 2.00, Boñela (Free) 17/89, Transury BA, 8 Months 238, Chilo" (Omanı), 5.20, Chile %% to 17/82—Reuter, med (Free) 8.25, Calls Export). 400; Colombia 50.98, Coba 100, Ecun- doe 7.00n. Guatemala 100, Tol- dand 87.75, -Mexico 20.67, 20,01,
Porų 14.30 offered. Uruguay G0.00, 56.00, Notheefarmi West Indies 62,00,- Dutch Guiana 53.85, Mori-
NEW ORLEANS COTTON
Now Dilan, Oct 20, „Gotion. Fukugés clossi, d6 to '90
freal on London 4.09, Montreal on † Poluta net kisherials da
"New" "York: 96,180,–– Bwki, Pad
Deta: 11,94; Dhs 18,08-05) March NOTE FACE, 2000) 81.00: 26mm (8281. 119 8131-80) July: '38.00- Trang: 128 Menteri
95.-A.asonlatod: Prom,
Due from U.S.A. & Shanghai End Oct. Loads for Straits and New York Early November
· âgents:
JARDINE, MATHESON & CO., LTD. Chinese Freight Agents:-CHEONG FAT CO.
Telephone 20037
M.V. "BENTONG”
Loading-
10th October,
Salling
11th October
FOR SINGAFORE
For freight particulars please apply;
THE HO HONG CO. (CHINA) LTD.,
484, Bonban Strand W. Tel. 26127 & 25016
Subfaci to dijeration without notier
5.S. "PRINCETON VICTORY" S.S. "MARINE LYNX"
SAILING FOR
5th Oct. Shanghai. 5th Oct. Singapore: Pull
lombo, Burabayad Fort Said, AlEKLIRTY Naples, Genoa, Maragliks New York at Barka y
Mid Oct. New York:
Atlantic Comet portal 18th Oct. Manila, For Passago and Froight apply to AMERICAN PRESIDENT LINES LTD.
81. George's Bldg.
Tol: No.- #81TE/SKI,
TAK CHEONG SHIPPING CO.
S.S. “EMPİRE JAMAICA”
Loading 9th Deti
Salling 10th Oct
For SINGAPORE &
PENANG
For Freight & Particulary please apply TAK CHEONG SHIPPIN
Whiteaway, Laidlaw: Buildingy