DE LA RAMA LINES
EXPRESS CARGO LİNER SERVICES-
TO AND FROM PACIFIC & ATLANTIC COASTS.
SAILING FOR
Manila (Cargo only).
VESSEL
DUE 8.S HALEAKALA 30th Oct.
Late Nev.
M.V. BENGALS
Early Dee. January
Pacife & Atlantic Coasts. Pacific Coast.
M.V. DONA
ANICETA
M.V. BALI
Pacific & Atlantic Coasts.
THE DE LA RAMA STEAMSHIP CO. INC.-
Pedder Building.
TEL: 28676
Chinese Shipping Office
Tel. 23798/20153
BUTTERFIELD & SWIRE
1. CONNAUGHT ROAD CENTRAL.
Telephones: 80831-8 Privata Exchange,
THE CHINA MAIL, TUESDAY, OCTOBER 29, 1946,
LaGuardia Warns Of BUSINESS JARDINE, MATHESON & CO., LTD,
Another Food Crisis PESSIMISM
New York Tendency Lower
Irregularly continued
New York, Oct. 26.
lower tendencies prevail
on Wall
LU
Street today. with Bluctuation ranging up to one point.
Washington, Oct. 28.
Detailed analysis of China's economy is made in a report sent today to Dr. Trygve Lic, Secre- tary-General of the United Nations, by Mr. Fiorello LaGuardia, Director-General UNRRA.
to
of
Agents: CHINA NAVIGATION CO., LTD. y ffected the profits of many if the countries can obtain foregraphical position, its economic
KHANYANG" "POYANG" "HUPEN"
"HUPEH"
#NEWCHWANG"
"FATSHAN"
SAILINGS TO
Shanghai 4 p.m. 29th Oct. Shanghai 4 p.m. 31st. Ort. Shanghai, Tsingtar & Tientsin 4 pm. 5th Nov,
ARRIVALS FROM
Tientsin, Tsingtao & Foochow 2nd Nov. Singapore 3rd Nov.
CANTON RIVER LINE
Sails 11 a.m.. 29th Oct Arrives 1 pm. 31st Oct, Saile 1 am. 2nd Nov. Arrives 3.30 p.m. 4th Nov,
Agents: BLUE FUNNEL LINE
UK SERVICE
From
Arriving
Early Nov.
UK. via Stralis..
Mid Nov.
Salling
**GLENAFP"
"SINKIANG"
For
"GLENSTRAE"
1st Week Dec.
L'pool via Strait.
NEW YORK SERVICE
Arriving
"GLAUCUS”
AUSTRALIAN
"YÒCHOW"
3th Nov.
From
New York.
Aganis: ORIENTAL LINE, LTD.
Salling
2nd Nov.
For
Sydney, Melbourne
All The Above Subject To Alteration Without Notice. For Passage and Freight Particulars Apply To The Above.
DOUGLAS STEAMSHIP CO., LTD.
S.. S. "Haiyang". Sailing for Swatow & Amoy on or about 31st October.
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.
of
CHINESE SHIPPING.DEPT. 20 Connaught Road, Central. Tel. 24639.
AMERICAN PRESIDENT, LINES LTD.
Speed-Frequency-Dependability
Refrigeration Special Cargo 04 Tanks-Cargocatre-Specie
8.3. “CLOVIS VICTORY”
8.8, "MOUNT DAVIS" -
BA. “MOUNT ROGERS”
RAILING
FOR
30th Oct. New York and Boston via San Francisco, Los Angeles and Panama,
30th Oct. New York and Boston via Singapore & Suex. Early Nov. New York and Boston
·la ̈Singapore & Suez
SS. VANDERBILT VICTORY" 26th Nov. New York & Boston,
vin San Francisco, Los Angeles and Panama. For Passage and Freight, apply to:- AMERICAN PRESIDENT LINES, LTD.
B. Gazzy's Bldg.
Tel. No. 18177/18176
S.S."QUANZA"
at the Companhia Nacional de Navegacao
salling beginning November from Hong Kong to Lisbon via Ports
Accepts Cargo and Passengers
Inforzation apply to:
H. NOLASCO & CO., LTD.,
Stock Exchange. Buliding, Bth floor.
Telephones: 20164, 20131.
IN U.S.
SHIPPING DEPARTMENT
16 Pedder Street
Tel. 30311.
General Managers. INDO-CHINA S N. CO., LTD,
New York, Oct. 28. The National Associa- tion of Purchasing Agents said today "the trend to better business ss. "KWAISANG" has apparently been 5.S. KUTSANG” halted and the general SWDSANG" feeling is pessimistic."
5.S. "ESANG"
SAILINGS
to Sandakes 30th Oct ...... to Straits & Calculta $1st Oct
-to Bangkok End Nov. to Strats & Calcutta vin Saigon 5th Nov. ARRIVALS
from Straits & Salgon 1st Nov.
IN PORT
from Keelung 29th Oct. from Takao 30th Oct.
from, Shanghai 2nd Nov,
Cosmo Dock
Buoy A.2, Buoy B.B..
Subject to alteration without notice.
In his report, Mr. LaGuardia said that unless effec- tive international assistance is planned im- mediately the nations aided by UNRRA may face another food crisis in 1947. The report is for submission to the General Assembly of the United Nations. The report, cùtitled "Economic 1. Currency over-valuation Recovery in Countries Assisted where Inflation pushed prices out The Association's Business Sur- Favourable corporate reports by UNRRA," was made at the res of line with the rate of exchange vey Committee said in a state- SS. "ESANG" and prospects buleterad assorted quest of the United Nations As and commodities became too exent reports from many arent S.S, "WOSANG" tasuca Walle
elsewhere current sembly and contains detailed pensive for foreign buyers. This Indiente we may be approachings. "LOKSANG" strike news and pending settle-analysis of the economies of applied to most Chinese exports what might be termed an indus- ments dampered sentiment.
trial buyer's strike.
5.3, "WINGSANG” Italy, China, Yugoslavia, Austria, and to Italian exports in 1945. Experts point
out that high Albania, Poland and Czechoslo 2. Disappearance of the Ger- fantastle that purchases cannot be "Prices in many cases are co rasts and disruption of operations vakin owing to shortages etc. natural-
Germany's "Food defielts can be met only man mark-due
Justified. Shutdowns due to strikes S. "EMPIRE ÈRASER"" and material shortages, pre seri 35. "KUTSANG resources and exploitation of ously affecting the pay income of companies and its is hoped that eign exchange to finance the
political power the trade of cust- further important price rises will
1.5. "KWAJSANG” imports," Mr. La- necessary
industrial workers and a drop ju not be necessitated by the course Guardia said. "If importa cannot era and southern Europe was un-
duly concentrated on
buyers and consumers demande is Germany of nearby events. if stiffenedbe financed. there countries can
bound to result, several year
Before the war. To buyers' resistance is to be avoid- well face another food crisis in ed. Automotive and other affi-1947, which would sat back their day, this export outlet has illa-
altogether. cials are already warning on this slowly recovering industry, and appeared altas
3. Inadequate inonetary shatter their precariously poised
rangemants-trade among eastern Many issues failed to appear on financial structure." the ticker-tane as the market on
and western European countries balance declined for the fifth Ruc-
the framework cessive session in very dull trad-accompanying the report that if clusively in
The Association qualified its re- ing
Provision barter arrangements,
the Chemicals.
mit to the United Nations Assem- for balancing trade in both dire port by adding "nevertheless tobaccos, slees, biv concrete proposals on how re-financing trade in both direct backing of unfilled orders stili farm implements foods and lief needs should be met after of such agreements, tends to res
appears to be on the increase. M.V. DENBIGHSHIRE dustrial specialities featured the UNERA terminates its deliveries strict the international turnover and further increases in produc M.Y. "GLENAPP
Employment is at a high level 4.v, "GLENSTRAE" decline, while leading rails, arin-
The final factor restricting imod valame are limited only by a ings, motors, oils and rubbers Anished unchanged to slightly
ports was listed in the report es higher..
political dificulties," which have Prevented even barter agreements from being concluded between, a number of countries,”----Reuter.
score.
The market closed irregular- fleuter.
New York Metals
New-York, Oct. 20.
Car shortages are beginning become
very serious. Coni and iron mines are having to curtali operations because of this short intending Passengers are requested to register their names as age and mare industries will be
far as possible in advance of the time, at which they wish to leave affected
Mr. LaGuardia said in a letter is being conducted almost ex-lon improve unless the situa-
requested he is prepared to sub
Low Crop
The report is by far the most detailed economic appraisal of China and eastern Europe publica- ed since the end of war.
"Owing to loseps of productive incters after the effects of netual fighting and severe drought in the Mediterranean
the area,
first post-war Krain crop in UNERA receiving countries WAR dis-
the report anid.
harvest will
the
12 tablo Ahen 1915, |
General Average
*
S.S. "Glenfinlas”
Fire at Birkenhead.
-
take Owing to fire having broken
Steel: There were sorte indien- | be tions of slight casing in demand it will still be substantially below in some sections of the country pre-war and return to normal but on the whole inquiries for conditions will probably leading products such as sheets, years,
it said, adding that none out on this vessel and damage bars and plate continue urgent of the countries assisted by being caused by water in ex- Carson bars gre still 1ight al-UNREA will be self-sufficient in tinguishing it B General though some makers have open-food during 1947.
Average has been declared. ed their books for first
quarter
Analysing the economic position Consignees of all cargo which delivery in 1947. On the other of individual countries in 1947 was on board at the time of the
alloy
bars
can be had for the report said: With one or two fire will be required to sign an shipment before the end of the possible exceptions available 01- vour. Sheet makers are not taking eign exchange resources will rat Average Agreement and to pay. 1a deposit of 10 before their additional business at present be- permit countries to import enduri esuse, they are well booked into foodstuffs to provide their people cargo will be released... 1947.
With ar adequate minimum dist
BUTTERFIELD & SWIRE. -Tinplate: Production for the und at the same thielto import first quarter of 1947 is expected raw materials and equipment for
Apuits... to show little change from the full industrial, "employment and present quarter which
hand.
proximately 850 tons..
shortage of basic materials an operating supplies."
Commenting on the inventory situation, the Association said in- dustmal buyers Are practically ananimous in their desire to re- duce or balance inventories.
Agents: GLIN LINE LTD.
due from UK. 2nd Nov, "Taikos Dock. Loads for UK., Rotterdam Aat- werp Amsterdam-Mid Nov,
Managing Agents: AUSTRALIA CHINA LINE
Exploring prices, the Associn-
the trend of 4.V. NEWBROUGH tion said "while prices is still upward, it is not at the rate of the past few montka and indications are that prieza may level off for a few months after which declines may show up." Associated Press.
NOTICE TO. CONSIGNEES
S.S. "MAROSA"
No claims will be adiited after the goods have left the godowns and all goods remain- ing
lat undelivered after November 1946 will be subject to rent.
is ap-agricultural supplies to maximise Hongkong, 29th October, 1946.n.ust be presented to the under
1947 Cron
Copper: Activity it. the export |
ket
market continues light due to the Restriction Of Exports" lack of available supplies. How- in all countries export of in ever, some small sales for nasty dustrial products is limited by shimpent were reported.
Lead: Approximately 22,000 urgent demands of the home mar- tong of foreign metal have beenThe report listed the following released for November consumip- tion. including some recent ar among factors which restricted exports in receiving countries and rivals from Japan-Reuter.
which will continue to exist through thẻ next year:
New York, Oct. 27. United States paper produc-
tion, exclusive of newsprint, de-compared with 105.9 percent the clined for the week ended Oct: previous week-Associated
19 to 105.1 per cent of capacity Press.
Gold Price Rising On Paris Market
Paris, Oct. 28.
Prices of gold and foreign banknotes have steadily risen lately on the Paris unofficial market. The gold louis is now 5,350 francs against 4,840 a month ago, United States dollar note is 315 against 280 and sterling note is especially strong at 900 against 750.
This still gives a cross-rate bi-| low US$3 per sterling but sterling nate rates are Unrepresentative, because the notes cannot be legal- ly reimported into Britain.
This price for gold tonis equals ---at the franc's oficial exchange rate about 20 per ounce for gold or alternatively it values the frane at about 3,500 france in- stead of the official rate of 480 francs Der sterling,
Despite the French Finance Minister's denial, London quarters
London
Money Market
NOTICE TO CONSIGNEES HOLDING
P. &.O., B. I. & E. & A. BILLS OF LADING
Adue from Australia “via Labuari.
Mid Nov,"
Agents: THE WESTERN CANADA
STEAMSHIPS LTD.
S.S. “LAKE NIPIGON"
due from Vancouver, Shanghai
Mid Nov,
PENINSULAR & ORIENTAL STEAM
NAVIGATION COMPANY
From UK U., K. Bombay U. K
Ship "TREVETHDE" All claims against the steamer "BENALDER"
before 21ęt tiqued on... or · November 1946 they will not be recognized.
"SAMLAMU" "GLENIFFER", "SAMADANG'S "TREVAYLOR" No fire insurance will be "TREVEAN" effected.
Ship
Bombay via Kure
WU. K.
U. K.
Loads For
Straits, & Bombay
Straits & U.K.
Duc 31st Octobe Early Novembe Early Novembe
Mid November Mid November
November December
Ready
Early Noven
Accents enrgo for Londen, Antwerp & Rotterdam.
All broken, chafed or damaged goods are to be left in the "SAMLAMU" Messrs. Goddard & Dougins godowns where they will be "TREVETHOE" will attend at 10 am, an Mon-examined by the Consignees days and Thursdays within the and the Company's Surveyors, free storage period to survey Messrs. Goddard & Douglas, at damaged cargo, and consignees 30th October 1946 (10 am). are requested to have their To comply with General Bonded BRITISH INDIA STEAM NAVIGATION CO., LTD. representatives present. Unless Warehouse Regulations consignees representatives are signees must have a Revenue SHIP present at the Survey no claims. Officer in attendance when can thereafter be admitted. dutiable goods are examined.
MACKINNON,, MACKENZIE
Agents:
A.CO.
P&O S, N, Co.
B. I. S. N. Co., Ltd. E&A S.-8. Co., Ltd.
con-
GIBB. LIVINGSTON & CO., LTD.
Agents.
Hongkong, 29th October, 1946.
"BINFIELD" "PASILA"
SHIP
“DINFIELD"
Pacific Far East Line Sailing From Hong Kong Trans-Pacific To SAN FRANCISCO & LOS ANGELES
(LOADS, HONG KONG AS INDUCED) ·
s.s. "Louis Sloss" --- 9th Nov. s.s. "China Victory"- - Mid Dec.
s.s. "Herbert D. Croly" Mid Dec.
FROM
Rangoon Calcutta
LOAD'S FOR
BUE
20th October
2nd November.
ADY
Straits, Madras, Calcutta, 6th November
EASTERN & AUSTRALIAN STE, MSHIP CO., LTD.
Passengers & Freight to Australja
For full particulars apply to MACKINNON, MACKENZIE
Telephone Nos. 27721-4.
PRINCE LINE
CO
USA-FAR EAST-HALIFAX-BOSTON-NEW YORK
London, Oct. 265.S. "Britain Victory Late Dec. S5 SAMMEX" Ard from U.S.A. & Shanghai. Kowloon is
For the first time in many do not altogether deride reports that the British negotiators dur-weeks, the money market was un- ing the presunt Anglo-French able to cover overnight needs have suggested without official assistance. The economic talks devaluption of the frant though shortage became even mora sovere pot of
of course to anything like that and official help was described as
Jarge." help to prometing
The absence The absence of Treasury bill maturities -contributed to It is known that devaluation is amode the suggestions which the stringency, while another factor British negotiators were authoris which may have influenced, the ed to make. The main reason for position has been
18-French trade,
ing
the
the present unbalance of trade. in kütedgods, the heavy trad-
between France
Additionally, one large clearing and the sterling' ares is the scarcity of French ar bank called in for the purpose of | its monthly, make-up” while sa- TEJISGA other called by way of prepara- would be which -Tranc devaluation
sorts
but
deerness,
by?
alleviated ch prices roppake"nounced. subsegaepy, whic
previous: performsunco promptly rising correspondingly.
the alleviation would bo porary, or
High
doubt
some extent - ya the big expansion
Among p
which previously had ether, France will receps withdrawn for their make.no/fw-
came ready lenders, and a num
·British financial quarters
the suggestion since devaluation ber of others becte active buyers by itself would make things worse rather than better anless a strong of hills, thereby enabling the mar clactions, accompanied it bench topay for bew Thepauzy bila
it by
without diffenity, the ecoporale odel and fiscal Applications for £170,000,000
reforms, all soft which are pro
Treasury bills, totalled £202,000,-
GENERAL AGENTS
UNITED STATES LINES COMPANY
$14, Queen's Building. Telephone 33092.
BARBER-WILHELMSEN LINE
Monthly Service to Facific Coast and Atlantic Coast Ports via Panama Canal.
DODWELL CASTLE LINE
Monthly Service to Atlantic Coast Ports
via Suez Canal.
For further particulare apply.
DODWELL & CO., LTD., AGENTS
blématical and meanwhile French 900 but only £160,000,000 wore prices have been rising sharply allotted the market receiving Hongkong & Shanghai Book Bldg. with many algos of economic and boat $2 per cent of its applien- social confusion-Renter.
Hons-Router.
Telephone 2BOEL.
loads for Singapore, New York & Atlantic Spast Ports......... M.V. "SCOTTISH PRINCE":
DUE 2014 NOV. JARDINE, MATHESON & CO., LTD,
Chinese Freight Agents:-CHEONG FAT CO.
Telephone 20037
Tel. 80311
SWEDISH EAST ASIATIC CO., LTD
MY, HAGARATE, MY. BENA*** MY, WARA MV. SE
OUTWARD
discharging Hong Kong discharging Hong Kapy
lecharging Hong Kong
berging, Hong Kong
WARD
ing Hong Kong 15th
wern, Hotterdama Gothenburg
LTD.