DE LA RAMA Lines
MV, DONA ÑATI
LOADING FOR
LINES
HONOLULU, LOS ANGELES, CRISTOBAL'
& ATLANTIC COAST PORTS
via MANILA
15th OCTOBER
THE DE LA RAMA STEAMSHIP CO, INC.
Pedder Building
TEL: 23870
BUTTERFIELD
Chinese Shipping - Office
Tel. 29788/20153
NOT LIKELY?:
London, Oct. 7 The "Financial Times". save some students "of “the recent stock market setback in London and New York Fare muliering of 1920, and suggesting history
The Times opines "nothing. could be less likely. The main underlying, factora"
1 of the slap are entirely different,” it said—Associated Press.
New York Metals
New York, Oct. 5. Steel: Stoel authorities are notĮ
CHINA MAUS THE EPAY OCTOBER 8,-1940-
Sharp Advances In
U.S. Business
H.K. Tin Allocation
London, Oct. 7
New York, Oct. 7;
In the business and financial world last week, in- dustrial activity held close to one of the high- est levels of the postwar period. Despite new strikes, prolongation of old ones, scattered factory closings due to shortages of materials and the growing manpower short- ages, sharp advances were scored in auto pro- duction, freight car-loadings, electric power output, retail sales and engineering construc tion awards.****
The Combined Tin Committee has reviewed the supply require menta position for tin metal-for. the second half of 1948 and re commended the following alloca tions in
in Jong- tons: Argentina 70 tons. Austria 200 Brazil 200' tons. Canada 41.230 LO
40 tons. Chile Ceylon 25 tons. Czechoslovakia 600 tons
Steel operations were at 00.2 tories went up, many of them with Denmark
tank. Egypt 176 per cent of capacity, ahly 2/10 of the Office of Price Administra 240 Finland 120 toris.
tons, France one per cent under the postwar Lion's blessing. 4.000 tons Greece 80 tons. Hong peak of the previous week. Items either decontrolled by the
Carloadings were the second government agency ar
paint, wool and rayon fabrics. linseed oil, used trucks, kapok. phur, steel Castings, elastic web- bing and come auto-parts. Industry News
75
given
JARDINE MATHESON & CO., LTD.
SHIPPING DEPARTMENT
16 Padder Street
Tel. 90311.
General Managem.
INDO-CHINA S. N. CO., LTD,
S.S. TAKSANG" S:8. "KUTSANG” S.S. WINGSANG" S.S. "ESANG”! S.S. "WOSANG"
S.S. "LOKSANG" $5. "WOSANG"
SWIRE optimistic regarding the suceras Borsa jeans Inditaly 900, tons highest of the year at 916,483 as higher price sellings included 65. PIRE FARRAZ”
of the revival of priorities by the M 160 tons. Mexico 25 to 4,777,000 barrels` `daily as against castern spruce, fence posts, aul-i
1. OGNNAUGHT ROAD CENTRAL Telephones: 80331-8 Frivate Exchange,
Civilian Production` Administra-
tian. pointing out that fanpages Notland 640 tans. Sweden 2004,857,000 last year.
Agents: CHINA NAVIGATION CO., LTD. to all customers and governmen not elsetes 0.400 tons. Yugo-tien-climbed to 90,165 units from
SAILINGS TO
East, excluding Egypt and compared with 832,509 last year
Crude oil production averaged have been allocated by various
120 tons. Poland 360 tons. companies to spread steel fairly tons. South American countries
Retail Sales tal departments cannot do more United
specified, 150 tons; Automobile and truck produc than that.
slavia 160 tons.
Both company and industry 86,582 in the previous week and news was Fenerally good. Farr ror for deliveries of sheets . Amoy & Shanghai 7-am. 9bccontinues but the urgency of the obtained from Belgian. British lots the end of the war.
In general, supplies may was the second highest production machinery reached the record Shanghai 4 pm, 13th Oct demand has slackened in recent Dutch
total of $60,787,000 weeks. Manufacturing consumers Dr
South Africa sources,
in August, Retall sales for the country as which was up 13 per cent over are still willing to place sons crders States.
Bersand Jaianese stocks in the United whole were 24 to 28 per cent July but
of other products!
higher than Stocks of Japanese tin mention-to keep up with the high volume ers in August was the highest in last year but failed: Factory sales of vacuum clean- their hering to affect the situation, forces, and shunned to the United in New York
operation Fareed were discovered by occupation of the previous week dua to strikes history at 234,000 units as against beginning
a result, sieci makers consid
and Pittsburgh 170,000 in August of 1941. it possible that they will be Sees for Inspection and sorting allecting department store le-
allocation
Com-liveries.
Engineering and construction $133,719,000
"FUKIEN"
KHANYANG
ARRIVALS FROM
“HANYANG "PAKHOI"
__MTSINAN"
Shanghal & Foochow 8th Oct. ... Salgón 10th Oct. .. Shanghai & Swatow 11th Ock Singapore 14th Oct. Bangkok, Saigon & Swatow 15th Oct. Singapore 18th Oct. “Shanghai-17th Cet.
"ANHUI"
"KWEIYANG"
"NINGHAI" "SHANTUNG'
CANTON RIVER LINE
*FATSHAN"
Sails Bam. 8th Oct. Arrives 5:30 p.m. 11th Oct. Salls 11 am, 13th Oct. Arrives 1.30 p.m. 15th Cut
Agents: BLUE FUNNEL LINE
10th Oct.
U. K. SERVICE Salling
For
"PROXOETHEUS"
"ANTILOCHUS"
21st Oct.
Afriving
Port Sald. Liverpool
via Strafta -do-
From
"SAMÁFFRIC”.
Mid, Oct.
12th Oct.
Mid. Oct.
U.K, via Straits
-do
-do-
20th Oct.
-do-
From
New York
For
"SINKIANG"
"LYCAON"
."ANTILOCHUS"
NEW YORK SERVICE
Arriving
3rd week Oct.
"GLAUCUS"
,"EURYBATES"
Sailing-
15th Oct.
Agents:
New, York via Suez.
AUSTRALIAN - ORIENTAL LINE, LTD:
"YOCHOW"
Arriving
Mid. Oct.
From
Australia
All The Above Subject. To Alteration Without Notice. For Passage and Freight Particulars Apply To The Above.
V
DOUGLAS STEAMSHIP CO., LTD.
S. S. "Halyang”
་
Sailing for Swatow, Amoy & Foochow on or about 10th October
Subject to alterations without Notice.
For Particulars of Freight & Passage, Please apply to:--
``DOUGLAS LAPRAIK & CO.
General Managers.
-P. & O. Building, 5th floor. Tel. 23755.
CHINESE SHIPPING DEPT.
20 Connaught Road, Central. Tel. 24539.
BEN LINE STEAMERS LIMITED.
BAILINGS TO¦ U.K. VIA STRAITE.
́SS, “BENLOMOND"
5.3. “BENLOMOND"
FRRIGHT" ONLY. VESSELS DUL
LOADING
„6.5. "BENCRUACHAN"
W. R. LOXLEY & CO.
York Building
Ing: Howloon Wharf.
2nd half of Det. 2nd half of Oct.
(CHINA), LTD.
SWEDISH EAST ASIATIC CO., LTD.
MV. "NAGARA":
ELV., "BENARES"
MY, “NAGARA
PartBaid
OUTWARD
-discharging Hong Kong end October, discharging Hong Kong mid November,
HOMEWARD
loading: Hong Kong mid November.
ere Rotterdam, Copenhagen, Oslo sad.
& CO LTD.
As
by the
released
of the obligations in ship host of these allocations ara awards: totalled some jonnages unless conditions Change
is not possible to buy alloy interim only and the Committee compared with $74,131,000 last bara-for-comparatively noar de of the position early in Novem
expects to make a further review.scara... avery. On the other hand, there ber-Reuter.
Stock Market Business failures abowed a sea. senal upturn to 28. Soft coal pro- duction agregated 12,600,000
in a heavy demand for pintes and producers are falling further behind on orders they believed could be shipped in the first quarter.
are reported to
Tinplate: Carryovers into the fourt
quarter be substantial, with export des liverica, which
are considerably behind schedule in the third quar- ter, expected to: be placed on the preferred list
Scrap In order to ensure canal
of short sup
DEPRESSION IN THE OFFING
Washington, det. 7. Economists may boint to a slight American nete signs which business depressión late in or early 1948.
They emphasized
it would be and brief. Everett Hagen, chief economist. of the National Planning Asso-
mila.
1947
Client-of-inveny ciation pointed to increasing in-
ventories Indicating supalles are beginning to catch up with de
mazd
tons as compared with 12,090,000 tons
the week. earlier.
000
B
S.S. "ESANG” S.S. "EMPIRE `WITHAM" S.S. "EMPIRE FRASER" S.S. TAKSANG" S.S. "WINGSANG"
SAILINGS
to :Habtian (#13 Oct, to Shanghal 9H OLE
to Shanghal Bih det.
to Singapore vin Salgon 9th Oct. to Keelung 17th Oct.
ARRIVALS
from Calcutta & Singapore 8th Oct. from Straits via Shigon 15th Oct
IN PORT
Kowloon Bay."
(Ben Line Berth) Kowloon
Dock
Custodian Wharf.
Subject to alteration without notice.
All intending Passengers are requested to register their names as far as possible in advance of the time at which they abushitalidade
Agents: GLEN LINE LTD.
100,000-ton a year newsprint SS, "GLENAFFARIĆ” mili. at Childersburg, Alabama, is being planned. traffic at 13 rriinals increased
International Air
13 per cent in August over 1945, -Associated Press.
Value Of Shares
Express
The stock market held stub
the low. intermittent rally attempts, but bornly a lower frend despite
to a
New York, Oct. 5. According to statistics compij- volume attested to theed by the New York Stock Ex- lack of real selling pressure.
Stock sales on the New York Sange, the market value of all. Exchange Market totailed $5,114,-
Or shares listed on the exchange "on
30 was $68,554,000,000 com compared with St. $8,421,000***
pared with $14,350,000,000 on preceding week
August 31. and 58,744,000 for the correspond- tory controls on dealer and con-
ing
Stock issues ated on Sept 30. week sumer stocks
a year ago. bas been re
totalled Bond sales totalled 228,948,000
1,750,260,000 shares commended by the fron and Steel Advisory
as against 136.384,000"the pravi The average value of all shares against 1,737,717,000 on Aug. 31. Committee. Copper: Although there were balance
He said the Government may our week and $31,827,000 a year listed was $18.20
the budget,
as compared some sales at -17%
buildingo,' cents pound La.s. New York reported. and taxes stay
per activity and exports may level off,
with $42.79. The total borrowings Food Higher
of high; in which:
stock exchange. small quantities at 17 cents are case-consumers-will-have-to in futures in New York, for the first 30 were
members There were 30 cent cotton against stock collateral en Sent still available
Spelter:
Demand for foreign present a recration Assaciated generally rising commodities.
$408,000,000 expenditures sharply to time in 26 years a
and featured
$500,000,000 metal from various European Press
the end The percentages of these bor- countries is reported heavy with
Index of 31 wholesale food prices rowings to the market value of some business done at 10.26 and
rose sharply for the fourth con- all shares listed on Sept. 30 was 10.50 cents 1.4.5. Gulf ports.
Lead: The O.P.A. hes allocated 212,600 tone for the fourth quarḤ | tet, with preference given to bat eries for new automobile and ther new equipment-Reuter.
сгедве
secutive Newark, NJ, Oct 7:
The Argentine Government paid for the week to 5.28 from 6.15 0.61 against 0.68 last month
$94,901,000 for ewnershja of the International Telephone and Teles graph's subsidiary of that coun try.-Associated Press.
previous week. A year Router. Dan and Bradstreet's weekly-
.. the index was at 4.07 Prices used in homes, offices and fac-Saturday Associated Press.
Minneapolis, Oct., 6. of hundreds of everyday items Flour and fax were unchanged
U.S. Economy Faces DODWELL & CO., LTD.
Promise & Danger
Washington, Oct. 5.
Elaborating his statement that national economy faces a great promise and a great danger, the Reconversion Director says that the promise is the opportunity for a higher real income than any other nation has ever achieved while the danger is the possibility that higher in- come and productivity will not be maintained when demand approximately balances supply. The great problems are to main-ed price controls. Food exports tain full production and employ- this year will again play the key ment meanwhile breventing un-role in fighting famine and dis Bway prices, Incomes, profits ese abroad and some urgent food and farmers incomes are all problems must be solved later time 'records. The present high nationally-Reuter, production and employment will
not necessary be permanent but
inflationary pressures are hope. U.S. Buys
fully lessening.
The Government's present recent
polley is to increase production Om Chm
From Chile
and reduce total demand, but it consumer or
falters, the IDeading
New York, Oct. 7. raust be Prospects for an extremely prepared to readjust its policy to tight copper and lead situation
Agents for
DODWELL CASTLE LINE BARBER-WILHELMSEN LINE
Regular monthly sailings to the U.S.A.
In port:
S.S. "SZECHUEN”
LN, DENBIGHSHIRE S.S. "GLENSTRAE"!
Taikoo Sugar Refinery Com menees loading for Rotterdam, Antwerp, Amsterdam &öndön 0th Oct. T
Ard. from UK Busy B.. dus from U.Rent Oct, Loads for UK., Rotterdam, Ant werp Amsterdam-Nov ber
"Managing Agentu: AUSTRALIA CHINA LINE
S.S. ""PERIOD M.V. NEWEROUGH-
due from Sydney Mid Oct. duo from 'Australia early Nov.
Agents: THE WESTERN CANADA
STEAMSHIPS LTD.
S.S. LAKE NIPIGON"
due from Vancouver early
PENINSULAR & ORIENTAL STEAM
"NAVIGATION COMPANY
"GLENIFFER"
Shiy
Fram
BENALDER":
Mia De
"OTRANTO”·
U. K
18th
"EMPRESS OF
AUSTRALIA"
U, K
"SAMLAMU"
Bom bay
"TREVETHOE".
U.K.
TJ. K.
-"TREVAYLOR”
U.Z.
*due Singapore 8th Oct.,
Ship
Loads For
Bombay & UK":
Straits, & Bombay
End October
"SAMETTRICK"
Accepta cargo for LONDON, ANTWERP & ROTTERI "SAMLAMU"
BRITISH INDIA STEAM NAVIGATION CO., LTD.
FROM
Rangoon
SHIP
"BINFIELD"..
"SILVER GUAVA”.... SHIP
Madras
LOADS FOR
DUE
October
READY
End-October
"BINFIELD" Straits, Madras, Calcutta
FASTERN & AUSTRALIAN STEAMSHIP CO., LTD.
M/V "Stanhall"
Due to arrive:
*M/V "Rondeau Fark"
"S/S Norels
"Sammont":
Hongkong & Shanghai Bank Bldg.
14th October~~~-
Middle October
End October
Telephone 28021.
SHIP
"EASTERN",
PRINCE LINE
promote higher consumption, improved considerably last weeks.S. “SAMMEX"
Business Itself could take first when the Metal Reserve Company action
to arrest a a: decline by TC-Arranged for the purchase of ducine prices wherever possible 40,000 Lons of Chilean copper, without reducing wages. Un- and 24,000 tons of foreign lead: doubtedly, some industries could for delivery the last quarter. reduce prices and still maintain this catiedactors prafits,
Due from USA. & Shanghai End Oct. JARDINE, MATHESON & CO. LTD.,
Before The price paid for the Chinese Freight Agents: CHEONG FAT CO.
The production rate is now 172 of
was on the basis New York
and consumer spending 120 mil barbop A
MATKALE"
liards of dollars. United States
The United States Government
exports now exceed imports by will pay 10.25 cents a bound at
of millards Guldport for lead
of dollars annually, which is ke
with the foreign market price. Most of the metal
Lof, Government will sell both
ly to continge loto 1947 Broxtan Meat, sugar, fats, and oils will The continue to be scarce for an in- copper and lead to American users definite period, requiring contingat ceiling prices o
s of 14% and 8.25 cantsie pound respectively pe
The zinc industry continued to
celling price:
NOTICE TO CONSIGNEES look for an OPA c
HOLDING P&O EL &E &À BILTS OF LADINGE
boost.
Sheet steal milia ·reported S
lessening of argent demand, but theprdzalny demand for carbon steel bars continued unabated Associated Press,
CAR OUTPUT
Detroit, Oct. 7..
Messrs. Goddard & Douglas will attend at 10 am, on Mux- lays and Thursdays within thei free storage period to survey damaged cargo, and consignees Car and truck plants of the are requested to -Have their|United States, - produced. 01,599/ representatives présent. Unless schiefes this week, according to consiglou representatives are
trade publication Auto-
present at the Survey no claims mative News Th compared:
can thereafter be admitted.
MACKINNON, MACKENZIE
Agents
B. I. 8. N. Co
* revised count of $8,210-the
"monet
Telephone 20037
BURNS, PHILP & CO., LTD.
S.S. “MAROSA”
from Australian Peris Expected arrival
27th October, 1946. For further particulars apply to
GIBB, LIVINGSTON & CO., LTD.
P. & O. Buliding
Tel. 28081 & 31178,
M.V. BENTONG”
Loading
October
Sailing
11th October FOR SINGAPORE
particulare, pléas
THENO HONEID
Bomann Brand
LOADS FOR
Sydney & Melbourne
For full particulars apply to
READYAR
18th October
MACKINNON, MACKENZIE & CO.
Telephone Nos. 277214
AMERICAN PRESIDENT LINES ITD.
· Refr
Speed-Frequency-Dependábukty Cargo G Tanks
SAILING
S.S, "PRINCETON VICTORY" 15th Oct
S.BMARINE LYNX"
S.S. "MOUNT-DAVIS,
S.S. "MOUNT ROGERS"
18th Oct San-
End: Oct New
Early Nov. New York
devia. Singapore
For Fasinge and Freight apply to c
AMERICAN PRESIDENT LINES LTD.
TAK CHEONG SHIPPING CO.
S.S. EMPIRE JAMAICA” Loading 12th Oct
Balling 18th Oct. 8, pæ
For SINGAPORE & PENANG
For Freight & Fr lars please spod TAK CHEONG SHIPPING CO.,
Laidlaw Building, Tel. 28125.