DE LA RAMA LINES
VESSEL
m.v. "BENGAL"
m.v. "BALI"
6.5.
"LUZON"
*#3. "CEBU"
VESSEL
m.v. "BALI"
ARRIVALS
DATE
: FROM
In Port 5. Francisco via Manila, 21st Jan. New York vis Manila
25th Jan. Cebu & Manila. 8th Feb. Cebu & Manila. DEPARTURES
SAILING, FOR
New York via Honolulu.
DATE
25th Jan.
5.5
"LUZON"
1st Feb.
Manila & Cebu.
CEBU"
13th Feb.
Manila & Cebu.
m.v. "HAINAN"
20th Feb. Pacific Coast via Honolulu.
THE DE LA RAMA STEAMSHIP CO. INC.
Pedder Building
110
TEL: 28676
Chinese Shipping Office
Tel. 23738/2015S
BUTTERFIELD & SWIRE
1
1. CONNAUGHT ROAD CENTRAL Telephones: 30881-8 Privata Exchange.
Agents; CHINA NAVIGATION CO., LTD.
"SHANTUNG" ́"SHENGKING"
"SZECHUEN" "HUNAN"
"HUNAN"
"PAKHOI"
"SINKIANG"
"FATSHAN"
SAILINGS TO
Swatow 3 pm. 14th Jan. Shanghai 4 pan. 14th Jan. Singapore & Penang 4 p.m. 18th Jan. Shanghai, Tsingtao & Tientsin 4 p.m. 18th Jan.,
ARRIVALS FROM
...Tientshi & Tsingtao 15th Jan
Bangkok 15th Jan. Singapore 18th Jan.
CANTON RIVER LINE
Arrives 4 p.m. 15th Jan. Sails 4.30 a.m. 17th Jan. Arrivesan, 19th Jan.
Agents: BLUE FUNNEL LINE
U, K. SERVICE
**
THE CHINA MAIL, MOND AY, JANUARY 13, 1947.
Ghost Fleet Presents London
N.Y. Stock Market
New York, Jan. 11. The stock
Market Tuffered sharpest Lumble for more than a month with dhatiller and a sumber of ather issues, hitting new lowe for the past
YEAF.
The day's trend was downward from tha start with the prer quickening au ghe, offerings became more urgent
Losses of Fractions to five points pre- dominated at the cloer withouth, somy extreme setbacks were reduced.
Schenker, Park and Tilford, 20th Cen- and tury Fox, Paramount Pictures, Transcontinental Western Air slid to new
3946-2847. lows for
Among other
all were Santa Fe, and Norfolk and Waleṛn.
Sorptio was a bearish factor,
|
A Problem
Washington, Jan. 12.
United States mercantile shipping is haunted by prospects of a ghost fleet. What to do with America's 5,731 merchant ships publicly or privately owned is a problem to demand at- tention of Congress before the year is out,
Exchanges
London, Zen. 11,
On New York 4.025, 4.015, Montreal 4.02. 4.04, Zurich 17.84, 17,36, Stockholm 14.57, 14.20, Buenos Aire untuoted. Brazil 75.4618, Brazil (sellers) ungpotM.
1 Page 7
JARDINE, MATHESON & CO., LTD.
1:
SHIPPING DEPARTMENT
· 16 Pedder Street
Tel. 90311.
General Managers.
INDO-CHINA S N. CO., LTD.
unquated, Betarium 176.57. 178.75. Paris & French Empire 479.30, 480.34, Spela 981, 985, Lisbon 09.30. 100.20, Si Bank Notes Middle 17.5%, 17,56, Netherlands West Insti· 4,65, Hatherlanda Emat Indien 10.64, 10.70, 8.5. "LOKSANG"
01. SS. "TAKSANG", Norway 19.88, 20.02. Primtina 203. 108 Phillppiam 8.09, 834.
Peacetime economy is menacing the world role of Haland 10.65, Panama &.02, 404, Des S.S. ESANG"
the United States merchant marine far grea- ter than that of all other nations combined. American maritime industry!
faces cut-throat competition abroad and at home and can cope with neither, unless it is helped to do я. On trans- oceutic
routes once other nations have rebuilt their fleets into peacetime operations, United States ships likely will find themselves un- able to compete freely with foreign carriers because of higher operating costs. Govern- ment aubsidisation appears to
gotten over the business matkak 1 and
Transfers totalled £20,000 wheaton.
The Dow Jones averages: Sucks 63.18.
20 Industrial 178.20. 15 Rai 44.5s, o
Elit 24,15.
Adaros Expermu 10%. Alaska Juneau 14. American Can. 95. Amèrican Smelt-
NEW FORD MODEL
Boston, Jan. 11. The Ford Motor Company will produce a completely new Low-priced automobila in 1948, Jahn Davis, Vice-President of the company said. The new vehicle will be lighter in › weight and cont less than the presen-day Ford, Davis add- ed-Associated Press.
ubandonment of overseas mer-gency depends upon funds from chant fleet.
Congress for the purpose.
Iris 364. Ameria Telephone be an answer, with alternative American Tobaery MIN. American Waterworks 15, Anaconda Copper 29, Aviation Corpuration 4%. Baldwin La comotive 204. Barnault 22%. Benfiz Aviation Bethlehem Steel 14, tor
Paeffe 12 den Ch 40%. Canadian
Chrysler N, Clase 62. Commercial Salvents 23%. turn Products 215. Dapuni 193. Fatman Kodak 12 Beetle Light & Power 15%. firarrel
Domestic competition is from
that rnlroads. Pessimists say the United States is likely to go into full peacetime era with no merchant marine at all, while optimists
believe from
continue
of
to
Electric 15 General Motors 64. God rich 6, lyene 04%. Hormextake Min 1,000 to 1,500 such craft will Ing 2015. International Harvester be operating world trade routes International Pane 48%. Interisational |
at that time. How many Trị để tinh 1 minh ra Banvil isz, Kennerolt Copter 4915.
these ships will Manlgomery Word 6%, Natal Distillen 1954. operate seems to depend upon National Tend 34, New York Central 1 how much money Congress is ways 12. Pennsylvania Itt 25%, Radio willing to supply for subsidies. Corporation 9. Real 2 16, Republin The United States Government Stl 20 Regolas Tubace is supposed to get out of the
shipping business this year.
Parkard Botors 14, Pan-American Air į
Shenley 41% Sat Roebuck 37%. Shell Ol 27. Sory Vacuum 15. South- ern Pacif: 42. Standard Brands 50%.. Pandard Oil of Calif 56. Standard
of NJ, US. Studymaker 20%. Dalon Bag Union Carbide 24, (1.3. Rubber 60%. US. Steel 10%. Wes- thurhouse 24. Youngsturen Sheet & Tuks 65%. Greybind $53-Axinted Pre
Arriving
From
4
"MENELAUS"
17th Jpn.
U.K. via Straits.
"EMPIRE DIRK"
19th Jan.
-do
19th Jan.
wd
20th Jan. Salling
dom
For
Last Week Jun. Mid Feb.
"TEUCER"
"PRIAM"
TEUCER" “MENELAUS"
Liverpool and Glasgow.
Genoa, Marsellies, Havre, Liverpool and Glasgow.
Agents: Australian-Oriental Line, Ltd.
"TAIPING"
"YOCHOW"
""TAIPING"
Arriving
From
13
4th Feb.
_Saving
Australia via Kure.
For
18
Sydney, Melbourne.
Sydney.
13th Jan.
1st Week Feb.
* Accepts Cargo To New Zealand Ports On
Through Bills Of Lading
All The Above Subject To Altèration Without Notice. For Passage and Freight. Particulars Apply To The Above.
DOUGLAS STEAMSHIP CO., LTD.
S.S. “HAIYANG“ Sailing for Swatow
on or about 16th January, 1947.
Subject to altération without Notice,
For Particulars of Freight & Passage, Please apply to:-
DOUGLAS LAPRAIK & CO.
General Managers.
P. & 0. Building, 6th floor. Tel. No. 81281
or
· CHINESE SHIPPING DEPT.
20 Connaught Road, Central. Tel. No. 24639
TIME
THE WEEKLY NEWSMAGAZINE
·FOR DECEMBER. 30TH, 1946
NOW ON SALE
At All Leading Booksellers.
Price: $120
per copy
Wholesale Distributing Agents!~~
THE NEWSPAPER ENTERPRISE LTD.
Windsor House
Inactive Fleet
Also, how many of these merchantmen are to be stored and held in readiness against another possible national emer-
A BRITISH CROSS WORD PUZZLE
8
Clues Across
1. Agricultural 18. Balance.
implement, 13. Remain.
5. Mixture. 20. Haphazard.
8. English river. 24. Vast expanse.
9. Deprive af 25. Years of
weapons.
11. Fine.
senility.
26. Nobleman. 12. Threefold. 27. Relieved. 14. Wan,
28. Countryman.
16. Outcome.
Saturday's Crossword
23
125
128
Clues
Down
1. Seed cover-
10. Tapestry.
ings,
13. Sanction.
14. Nippers.
2. Expel.
3. Skirt inser-
tion.
4. Abase.
5. Advantage.
6. Diplomatic
centre.
7. Kitchen
furniture,
15. Erudite.
17. Wooden shoe.
19. Various,
Government shipping experts estimate that the United States will seek to put into storage all its present merchant marine
for which peacetime economy hna uo use.
They see reserve of 3,400 ships in an inactive flect The United States Maritime Cor- mission estimates it will cost $8,100 to lay up an average ship and. that thereafter, main- tenance on the reserve fleet will be about $1,100 per vessel annually
If 9,400 ships are stored, the initial cost will total $27,640,- 000, with yearly maintenance at $3,740,000. Such a reserve fleet would be more than three times as large as the entire American pre-Pearl Harbour merchant marine. Keeping such a fleet of idle ships In condi tion would be an unprecedented
feat.
mark 10.32 13,80,-
Pragua
·
Forward Hatae. One Month: United States. D, Canada P, KRES. “LOKSAND Switzerland 14 P 10. Sweden 18,S. "TAKSANG"
1 p. 1 D. Parla 40 cinta, då egata, Holland 1 eent, 1 cent.
Back
Feng Zand clearing Madrid 44.00, Italy 1.5.
Fat 5.S. "EMPIRE WITHAM"
From market rates: Ingin 17.94, 18.00. S.S. HUNSANG", Avruralis 125, 186.60. biew Zealand 124.57, 125, Souil Africa 100, 100.50 Teheran 198,
180, Alexandria. 97.193. 07.625, Singapore 3/4-1/18, 7/4-%, Hong † kong 14-18/10, 1/4-1/19, Philippines
SAILINGS
.to Singapore & Penang 16th Jan. to Sharaf 20th Jan.
to Straits & Calcutta 27th Jan.
ARRIVALS
from Straits & Calcutta 15th Jan. from Singapore & Bangkok 24th Jan, IN PORT
alongside Casmo. Dock, Kowloon Dock.
Subject to alteration without notice.
8.10, 8.15, Ranou 3/5-15/18, 1/6-1/14, All intending Passengers are requested to register their rusmies“az ¦ far as possible in advance of the time ut which they wish to leave
Shanghai unqnoted,
Special A/C rates: Lime 28.10, 20.10. Lapa 148.62, 110.52. Valparaiso 100,426, |101,800, Turkey 1128.40, 3130.68, Uragany
7.15, 1.20.
Central American A/C vsṭent Merien
13.45, 19.06, Bogota 1.09, 3,88.-Reuter.
BOMBAY SILVER
& GOLD"
Bombay, Jan. 11.
Silver. Ready 147 Rupecs, OH Annan per 100 tolar. Forward (Jan. 7 settles ment) 143, 04, (Mar. V arttlement) 188, want 107, ON: Sovereita 66, 14: Goal 08; Gold, Delivery 108, 12 per tela, Far- Forward 30, 60 each-Reuter,
LONDON SILVER AND GOLD
Landan, Jan. 11.
Bilvar, Epal, par Îne oz. 883⁄4d. For- word per Äne no. 552jd: Mar. Gold, Fine. ca. 1378/3 London free markel Silver. per aunce 0%-Reuter.
POST OFFICE NOTICES Outward Malls
Unless otherwis ninted, Registered Articles and Parcel Pants slows 10 rainutes
MONDAY, JAN. 13
Some officials are sceptical of earlier than the time stated below how successful it would be. The great question, say experta, is how fast such a fleet would become obsolete.
Already Out-Dated
Airmail for Saigon, Blogapore, Colog bo. Sydney, Auckland and London By Air) Kowloon C.3.0 (Fr.) 2.30 p.m.
(Ord. 3 p.m.: G.P.O.. (Rex.) BM, (Ord.) 3.30 p.m.
Tembong (Kwongchowman) (By Sel 10 A.m.
Maran, Teinshan and Bhekki (By Sent
Kongo.oon (By Sea) 4p. Canton (By Train) 4 pin.
TUESDAY, JAN. 14 Airmail for Manila P.I.. (By Air} {Reg.)
Swatow and Bangkok 1By Ben) 10 s.m. Amus (By Seat 10 .01.
Manila P. (By Bex) 30 mm. Tamkong (Kwongelowwan) (By Bea)
10 a.m.
Haiphong fly đm) 15, Bình Swabow (By Sea) 1 pim, Shanghai (Dr Sea) 2 v ́U.S.A., Central and South Amerien and
In 1941 the United States put into operational condition.p.m. numerous ships 'carried over from" from "World War I, but had spent a lot of money ta bring them to standards then 20 m (0) 10.30 am. considered modern. With the! steadily increasing rate of cb- #olescence due to improved methods, maritime officials say it is expected that this time ships held in reserve will be totally aut-dated within 15 years. The reserve fleet would be made up mostly of liberty ships and even before VJ Day Bome Jolannesburg and Caira (By Air) (Reg.) shipping experts said that they Afsmall for Cesiten, Lłuchow and Kur- were out-dated as efficient warming (By Air) (Reg.) $ 2, (Ord.) time cargo carriers.
Those who think in terms of Hankow, Taingia and Peiping (By Air) Airmail for Amor. Shanghat, Nanking, the merchant murine's strategic (Re) p.m. (Ord.) 1.30 P Importance say that the reserve Airmail for Chungking (By Air) (Bag.) fleet can be regarded at best... Yoni 1.50 p.m. es merely short-time insurance. 4.m.
Macna, Telsaham and Shekk! (lly den They hold the belief that if Canton (ly Sea) 4 p.m. another emergency arises and
United States needs the merchant marine in connection with it, in the final analysis of the nation's 'safety it will de- pend on the efficiency of the cargo fleet that the country can small quanti-keep in active service rather than an the number of ships held in storage,
21. Issue in
tles.
22. Injure, 23. Spare. DOWN!-L. Comet; 2. Undue; ACROSS: 1. Clube; 4. Appals; 3. Start; 5. Peri; 0. Appear; 7.
8. Medlar: 10. Rapid; 12. Reside: Sidled; 9. Reintes: 11. Adhere; .13.
The allegedly gloomy outlook for the United States merchant marine is disquieting to those Whose responsibility it is to plani
14. Trestle; 17. Haze; 10: Altered; Selects: 15. Robe: 10. Smithy: 10: fer the nation's security-Âa-
20. Obviate; 22. Pent; 23. Echelon; Zern; 20. Opaque; 21. Vacant; 245eclated Press.
27. Choste; 29, Quays; 30. Slaved; Helps; 25. Lover; 26, Nudge; 28.
31. Extras: 32. Spree,
Asia.
THE ROYAL BANK
OF CANADA
Head Office, Montreal
CONDENSED ANNUAL STATEMENT
Assets
AS ON NOVEMBER 30, 1946
Cish on Hand-in-Banks and in Bank of Canada $ 385,596,019,00 "Government, Provincini and Municips] Securities
not exceeding market value
market valug
Call Loans
Other Loans Other Assets.
Liabilities of Customers under Letters of Credit
Canada via San Franciscs (ly Bea) (Par and Rex.) 2.30 p.m. (Ord.) p.m.
Airmail for Rangoon, Calestia, Delhi,
3 p.m., (Ord.) 3.30 p.m.
1,50 p.m.
WEDNESDAY, JAN. 14 Airmali for Manila P.3. (By Air) (Reg. 9.30 (Ded) 12.01.
-
Agents: GLEN LINE LTD.
S.S.. EDWARD BRUCE
| MY. GLENOGLE
|S.S. "SAMBAY"
|S.S. "FORT LOUISBOURG" "
M.V. “GLENBEG"
due from UK.—15th Jon. due from U.K.-2nd Jan. due from U.K. 27th Jan, due from UK. Early Feb. Loads for Amsterdam Rotterdam, Antwerp and London about 18th Feb.
Managing Agents: AUSTRALIA CHINA LINE
M.V. KAFIRISTAN
M.V. HINDUSTAN
รา
due from Shanghai 16th Jan. (Loads late Jan, for Sandakan, Sydney, Melbourne & Adelaide also accepts Cargo on through bills of lading for New Zealand.
Due From Australia Mid Feb.
Agents: THE WESTERN CANADA
STEAMSHIPS LTD.
GS: "LAKE CHILLIWACK"
.due from Vancouver 31st Jan.
Thence to Takao, Tsingtao.
PRINCE LINE
U.S.A. PACIFIC COAST-
· FAR EAST-HALIFAX-BOSTON-NEW YORK
S.S. "SAMTREDY"-Due from New York via Shanghai
3rd February,
J
JARDINE, MATHESON & CO., LTD.
Tel. 30311
Chinese Freight Agents:-CHEONG FAT CO.
54, Bonham Strand.
Telephone 20687
Pacific Transport Lines Inc.
REGULAR SERVICE WITH FAST MODERN FREIGHTERS BETWEEN PACIFIC COAST PORTS, SHANGHAI & HONGKONG
S.S. "NEW ZEALAND VICTORY” Arrived from San Francisco via Shanghai Loads Direct for San Francisco & Los Angeles 14th Jan.
S.S. “CAPITAL VICTORY"
Airmail for Shanghai (direct) (By Ale) Due from Pacific Coast via Shanghai... 30th. Jan.
Ren.) 9.30 A.m., (Ord.) 10 am.
Swatow (Br Sea) 10 am.
Shanghal (By Beat 10 0.
Foochow (By Sen) 10 mg.
Straits. Mauritius and South Africa vla Durban (By Sea) Noon.
All Hex & p.m. (Ord.) 1.19 p.m.
Alcmall for Cunten and Chungking (Bý
Airmail for Shanghai (direct) (By Air) (Reg.). (Ord.) 2.20 p.ra.
Airzani for Salgon, Singapore, Calam-
bo. Ryilhey, Auckland and London (Br air (Reg. 3 mm. (Ord.) 3.20 p.m.
Maso, Tslushon and Shakki (By Bea),
& p.m.
Kongmoun (By Box). 1 Canton (By Trio) 4 m.
JAVA-CHINA-JAPAN LIJN N.V.
King's Building. Connaught Road,
Tel: Shipping Dept. 28016. Passage Dept, 28017. Chinese Agents, Connaught Road, C. No. 62, Tel. 25188.
Lue from ma. "TJITJALENGKA" Shanghai. Amoy
Ship
me. "TJISADANE"
.
14th Jug
Listavia/Singapore FebruarY
Ealing for Manila, Jaya,
1713) JAN.
Amor/Singlet ̈
·ROYAL PACKET NAVIGATION CO., LTD. (ORIENT JAVA AFRICA LINE).
Ahly
m.e. “RUYS”
Ship
In part Respilonios
in 'Dock
Balling for Africa/Bogih · America Early March, 1947.
SILVER LINE LTD.
tas, "DERWENT HALL"
due from
New York and Shanghai de or about 14th Jan.
Balling far Surafla Allanila
Colombe
: const Ivis
s
Sue) lodiaz
About 18th Ja
HOLLAND-EAST ASIA LINE
1,009,880,230,00
Other Bonds, Debentures and Stocks not exceeding
65,269,339,64 50,095,668,78 421,076,122,08
16,900,082,98
84,246,045.11
$2,181,974,216.57.
Ship
m4. "PHILAE"
Liabilities
Capital Reserve and Undivided Profits Notes of the Bank in Circulation
Deposits.
77221,920.22 *8,079.130.03 7,043,103,951.92
Other Liabilities
$5,048,995,80 8.5. "HELLENIC"
$2,131,074,814,57
OVER 060 BRANCHES in Canada, Newfoundland, West Indies, 4. "GAASTERKERK” Central and South America. Offiers in London, New York, Paris,
`n from" Bhartial
14th Jan., 47.
Rotterdale/Antwery} Genon/Park Spíš! **Early Felz 1967.
·Propending ↳ Bbangbal
· Balling for Bingapore/Cokimbo/Aden, Port Ball/Geyok/ Marsellles/Antwerp// Rotterdam/Covenhagen/
*100. Jap.-
Kingsport/Colombo/: Port"- Baldy batman"- Rotterdam/Commbyxan/ Gothenburg/Oslo;" / and February..
Ilottards/Antwerp/"- Bingspore/Colonkk/
Gesca Port Said! Port BallƒAntwerp/.../-
·Bingapore/Manila, Balerdang/Copen jares/ „2014 Feb. 19477|| Gothenburg/Oslay/ Mide Proceeding to Binabal. Ale March.
FOR FULL PARTICULARS APPLY TO:---
JARDINE, MATHESON & CO., LTD,
16 Pedder Street,
Telephone 303J1 CHINESE DEPT 31468
Peninsular & Oriental S. N. Co.
SHIP
"FORT DAUPHIN"
"TREWIDDEN"
"AMMLA"
"SAMPEUGH”
ARRIVALS
DUE
Mid Jan.
End Jan. Early Feb.
Early Feb. March
"EMPIRE GAZELLE"
FROM
Bombay Karachi & Bombay.
U.K
U.K
.U.K. SAILINGS
LOADS FOR
Straits. & U.K..
U.K:
READY
16th Jan. 16th Jan.
SHIP
"TREBILLIAN":
"EMPRESS OF SCOTLAND"
(Passengers only)
Argenta cargo for London, Antwerp and Rattendørs,
British India S. N. Co., Ltd.
ARRIVALS
SHIP
"EMPIRE PLANET"
"BAMANA”.
FROM
Kangoon
DUE
13th Jan
20th Jan
Calcutta
Eastern & Australian S. S. Co., Ltd.
SHIP
"EASTERN"
SHIP
"EASTERN
ARRIVALS
FROM
Australian Port SAILINGS
DUE
End Jan.
LOADS FOR
Australia
READY
End Peb.
*Accepia; cargo for New Zealand Ports on through hills of lading.
For full particulars"apply
MACKINNON, MACKENZIE & CO.
Telephone Nos. 27721-4
N