1946-06-19 — Page 7

CLASSIFIED Report On \ADVERTISING British Loan

* WORDS 12 FOR ONE INSERTION PREPAID, $1 UB EACH ADDITIONAL INSERTION, ADDITIONAL WORDS. 10.CTS, PER WORD PER INSERTION

-$2

Washington, June 18. The House Banking Committee today for-

mally reported its 20 to 5 approval of the British Joan, and declared that an agreement will be offlees for Bqx Nos. 47, 82, 81, helpful to Amreica, Bri-

Replies are awaiting at our

R2, 88.

tain and the entire world.

WANTED KNOWN

The committee Haid the "alternative would be to risk a MAGNIFICENT

Com- Beyond pare! See our comprehensive division of the world Into a con- collections of "Genuine" Jade-gold flicting economic bloc, with the silk embrriderest ever present danger of economic jewels, "Pure"

lingerie, "Prewar warfare." garments. made" incomparably-beautiful ear- ved teak-camphor chests, Mode Elite, 22 Queen's Road C. No price haggling Export-orders executed. POSITION VACANT

for

The Houso next week begins the loan debate when a battle is promised by the opposition led by three Republicans.

THE CHINA MAIL, WEDNESDAY, JUNE 10, 1946.

World Short Of Cotton Textiles

New Orleans, June 18, World export markets stand in immediate need of at least 4,500 million yards of cotton textiles, whereas in 1945 only 2,500 million entered world trade, according to Mr. William C. Planz, President of the U.S. Textile Export Association, writing the "Southern Textile News."

The world textile situation had changed markedly in the last few years, Japan, once the leading exporter of cotton textiles, now only possesses three million spindles as compared with 12, million before Pearl Harbour.

In 1937 the total world ex- port trade in brond woven cot- ton fabrics amounted to some 6.500 million yards; Japan con- tributing slightly over one-third

U.S. Interest JARDINE, MATHESON & CO., LTD.

On Debt

New York, June 18.

At present tho. United States is paying interest on its allunni debt at alightly under 2 per cent,

rate unprecedented in its bla- tory. says the Cleveland Trust Company in a review of U.S. In- terest rates since Alexander Hamilton first, funded the public debt in 1792.

At that timo subscribers re- coived 8 per cent on two-thirds of the principal, the remaining one. third receiving Interest from 1890, making an average of just under 6 per cent.

The all-time high was reached during the Civil War, when the anything like the pre-war scalo part of a note issue in 1861 had

avernga topped 6 per cent and for some time to come, so the rate of no less than 12 per cent, 11 United States has unprecedent-From then onwards rates declined ed opportunities for establish- to' just under 2 Per cent in 1910, ing a healthy foreign trade in to rise steeply to 4 per cont of this figure, with the United | cotton textiles.

during and Immediately

after Kingdom and Continental There are indications that World War 1. The question of Britain turn-

From 1040 the downward ten- ing over Atlantic bases to the Europe contributing 1,800 mil-India will cut her cotton textile deney was resumed, until it fell United States by deed does not lion and 1,200 million yards re- exports to around 500 million below the 2 per

cent mark in apply in consideration of the spectively. The U.S. in 1937 yards due to increased demand 1942, at which level It has been WANTED by Solicitors' firm ex-lean, the committee anld.-As-exported slightly more than 200. from the home market, by

by Government Control so that, perienced clerk

million yards, office work.

and the United Kingdom Hociated Press.

is for the first time, the United The situation with regard to not likely to High salary with good prospects

export much in States has incurred a great war for suitable man. Write with full

imports represents a must dif- excess of 800 million yards this debt without raising interest rates. particulars, age, experience, re-

ficult problem. Imports

-Reuter. Terenres, to Box No. 90, "China

U.S. cotton in the Middle East Mr. Planz therefors urges Mail

have shrunk to about one-third that the U.S.A, should try to ex- of the pre-war level: Latin port 10 to 20 per cent of her American Imports from all total production, despito the sources have decreased consider temptation to concentrate on the abdy and the Far East (includ- domestic side in face of the g-China)-whose pre-war imremendous demand. Only by a ports ran to nearly 2,000 mil high volume of experta can idle lion yards. (half of which came spindleage, over production and from Japan) has an enormous price uncertainties bo, avoided consumptive capacity.

when present

abnormal con- ditions disappear.---Reuter,

NOTICE TO CONSIGNEES HOLDING

INDO CHINA S. N. CO. LTD.

BILLS OF LADING

SS. "YUENSANG" FROM CALCUTTA AND SINGAPORE ARRIVED 9TH JUNE

to

Messra. Goddard & Douglas will attend at 10 A.M. on! Thursday the 20th June survey damaged cargo ex the above steuner and consignees are requested to have their representatives present.

The

cargo ін at present in the

Coal Tribunal

London, June 19.

The Conl Compensation Tri

bunal, which will decide what the Government will pay conlowners when the mining industry nationalised, held its first seet- The in London today behind closed

floors.

Special precautions were taken to keep proceedings Gecret from the public and rene was admitted without a careful scrutiny of his credentinis.

of year.

GRAIN PRICES

Grains

quiet

N.Y. STOCK MARKET

SHIPPING DEPARTMENT

10 Pedder Street Tel. 80311.

General Managers.

INDO-CHINA S. N. CO., LTD.

5.3. ESANG 9.9. WINGSANG 3.S. LOKSANG

$.S. ESANG S.S. KUTSANG

3.S, LOKSANG 3.8. SAMDART 9.8. KWAISANG S.S. EMPIRE PERLIS S.S. WINGSANG S.S. ESANG

SAILINGS

to Swatow noon 10th Juno to Shanghai 4 p.m. 20th Juno to Singapore and Penang 29th Jund ARRIVALS

.......from Swatow 24th Juno from Siralts and Calcutta 28th June IN PORT

Buoy B-3 ....Buoy Ala

Kowloon Dock .Kowloon

Dock

.Custodian's Wharf

. Custodian's Wharf

All the above subject to alteration without notice.

All intoading Passengers are requested to register their names a far as possible in advance of the time at which they wish to leave.

Agents:

THE GLEN LINE LTD.

S.S. NELEUS S.S, SAMSETTE__

M.V. GLENOGLE Sailing for United Kingdom, Antwer

Amsterdam and Rotterdam about 23rd June due from United Kingdom early July due-from United Kingdom niid” July Managing Agents

AUSTRALIA CHINA LINE

New York, June 17. Stock market buyers lifted the to a new 15- raliway ayrage, year beak, but late profit taking cut down some early gains.

Steel and

B.V. KAFIRISTAN Sailing for Sydney and Melborne 19th June assorted industrial M.V. NEWBROUGH specials did well from the start,

...due from Melbourne about 6th July though like rails, these eventually ran into a little selling.

Agents: PRINCE LINE LTD.

S.S. SAMAVON

The Netherlands East Indies can absorb 1,000 million yarda A formidable array of legal annually, with virtually no locat talent has been briefed by both production available, The Philip Government and conlowners pines are able to take up to 200

The extreme advances of frac- thrash out the compensation promillion yards, and India, China,

tions to Chiengo, June 17.

one point or more were blem

Burna for live

and Malaya all have The Tribunal will sit

renained at

at the close.S, SAMTREDY ceiling reduced or canceled at capacities,prites in a very days in a week and is expected large consumption

was a snitoring of rearket and there to remain in sesalon for agveral with hardly any home produc while trading was probably the minus signs in evidence. Dealings were relatively quiet while tranxe smallest on record. weeks-Rouler.

Rye was strong

fers were over the 1,000,000 markt. at Winnipeg with attributed to American interests. said, was based mainly on per-

a good part of the buying The first wheat from the 10-16 sistent hopes for a freight rate S.S. GARDEN PARK crop was sold at ceiling prices. boost. Closing quotations were:

The visible supply of wheat in Dow Jones Sidek Averages 78.79 creased to 30,009,000 bushels 30 Industrials which in still woll below asti 20 Rails year's supply of 69,000,000 15 Utilities. bushels.

CONCHY BAN

London, June 18. The ban on upgrading and pre-

in the British civil service will b lifted from July 1. it Was an nounced today, Reuter.

tion available.

There is no-hape of resump- tion of exports by the United Kingdom, India er Japan on

Thongkong & Kowloon Wharf & motion of conscientious objector BRIDGE NOTES

Godown Co., Ltd. Godown Nos. 3 & 4..

JARDINE MATHESON &

CO. LTD.

GENERAL MANAGERS.

INDO CHINA 5.N, CO, LTD.

Winnipeg, June 17. Ryc:--July $2.97

asked; Oats: July to October $0.51: Barley: duly to October $0.04%‚--- Associated Press.

COFIELD LINE

S. S. "BARBARA C”

expected to arrive from Manila about 20th June Sailing for Amoy-about 25th June

For Freight & Passage Fares

Apply:-

A. E. GERONDAL & CO., LTD.

Union Building

Agents.

Tel. 33337

BEN LINE STEAMERS LIMITED,

SAILINGS TO U.K.

BENLEDI"

Loading FREIGHT ONLY.

Mid July

s

"BENLEDI"

VESSELS DUE

arriving about 10th July

J

For further particulara apply to

W. R. LOXLEY & CO. (CHINA), LTD.

York Buliding

Tel. 34165.

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Hai Yang"

Sailing on or about 22nd inst.

Subject to alteration without Notice.

For Particulars of Freight & Passago. Please apply to:-) DOUGLAS LAPRAIK & CO.

General Managers.

P. & O. Building, 5th floor. · Tel, 23755.

or!

CHINESE SHIPPING DEPT. 20 Connaught Road, Central. Tọl. 24639,

AUSTRALIAN ORIENTAL LINE, LTD.

BAILING TO AUSTRALIA.

"Priam" sails for Sydney on or about 24th Juno

MARVESSEL DUE. MAR

“Yunnan”: from Australia 19th June. "For particulars apply to some d

BUTTERFIELD & SWIRE, Agents

Tul, 20331/p

Today brings an unusual case to the attention of the Britize Sleuth. You'll have to look hard to s what crime was coinmitted:

West, Dealer Enst-West vulnerable

8. AJ G

H. K J 90

D. K 4

C. QJ 10 5

S. 0 2

AQ 8 7 2

N

8. 8 7 4 H.

1. Q 10 9

W

J. A 70

S

3 ED. 8762

1.43

8. KQ 10 0 3

B, 10 4

D. AJ 5.

K9 2

The bidding:

West North East

South

1H

Puss

Pass Pass Pars

IS 45

Pass BS Puss Pass

Final prices were:

Corn: $146, Barley: $1.55, Cats: $0.88,

New wheat and corn sold at $1.98% plus one-half cents per bushel Associated Press.

N. Y. COTTON

WAS

The revival of carriera, broker:

210.13 210 13 68.22 32.91 Adams Express 20 Alaska Buneau 8, American Can 103, American Smelting 08%, Ameri- cun Telephone 198 8, American Tobacco 16, American Water- worka

$

due from U.S.A. about 23rd June due from U.S.A. about mid July

Agents:

ANGLO-CANADIAN STEAMSHIPS LTD.

..due from Vancouver 20th June

BUTTERFIELD & SWIRE

AGENTS:

CHINA NAVIGATION CO., LTD.

Anacordu Copper S.S. "TSINAN" 48, Aviation Corporation 10%,

SAILING TO SHANGHAI

Baldwin 33, Barnsdall 29 SS. "SHANTUNG" (No passengers)

Bendix Aviation 40%,

Steel 110%, Boel alterat

Borden Co. d

tric

Power

28,

20%.

4 p.in. 22nd June

4 p.m. 24th Juno

SAILING FOR BANGKOK VIA SWATOW

2pm 22nd June

SAILING TO AMOY & SWATOW

10 a.m. 23rd Juno

4 pm. 25th June

6 am, 20rd June

Subject to alteration without notice.

New York, June 17.

Pacific SS. "WEIYANG” Cotton futures were influenced

20, J.I. Case 03, Chrysler 130,, by considerable short covering for Colgate 50%, Commercial Sol-S.S. "ANHUI" 28 July delivery, and closed

Corne Producta vents L 20 cents to $1.10 cents a bate higher:

SAILING TO SINGAPORE & PENANG Dapunt de Nemours 223, E S.S. "NINGHAI" (No passenger's) July

29.36, October 29.44.

Light and December 29.58, March 20.60, May General

General Electric 48%, General

SAILING TO CANTON 29.54, July 29.36, Spot 30.15.

Motora 735 Goodyear 07. S.S. "FATSHAN" Homestako Mining 47%, The rayon goods market.

Inter- quiet-Associated Press.

national

Harvester 100, Inter- national Paper 47%, International Tel. and Tel. 24, Johns Manville 156, Kennecott

58%, Mont Copper gomery Ward 944,

Nationa

tional Dis- tillers 86, National New York Central Packard

27% 07. Pan-American Airwa

R.R. 42. 1515, Republican Steel gehenley 88, Seurs Récauck 4235, Reynolds Tobacco 40/4 Socony Pacific

Standard 45%, Standard Oll of Cal. 66,

NEW ORLEANS COTTON

New Orleans, June 17. West opened the Ace of Hearts! Cotton futures closed steady at Motors and then led a low heart, dummy; 15 to 35 cents a bale higher than 20, Pennsylvania

King. Soath fast years dates: winning with the then drew three rounds of trumpa,; July 20.27, October 29.49, after which he led the club King, December 20.68-60, March 0.68, When W Fest took the club Acc, May 20.55, Spot 25 higher, Mid. South spread his cards, announc-dling 29.26. Associated Press. ing that he would discard his third diamond on dummy's long cinth,

Everything may seem porfectly honourable and upright, but take our word for itu heinous crime has been committed! Seo if you can spot both crime and criminal before you read on.

South was the criminal and the crime was his bid of one apade! He should have doubled, on the chance that North was "trapping" behind the heart bid. North would have passed the double, and good defence would have set West at least three (and probably four) tricks!

No harm could result from the double, since if North happened not to be trapping South could bid his spades later on. By bidding; the apndes, however, South gave up the chance to collect a penalty worth two or three times, as much

as the BRIC

*

Yesterday you were Merwin Maier's partner and, with both Rides vulnorable, you held:

9 JD 3 2 HQ G

DJ 9 3 2

ડૉ.

The bidding: Schenken. Maier Jacoby You INT ды. Pass (7) ANSWER: Poas. You have r

Lead

18%. 07

Mineapolis, June 17.

Standard Oil of N.J. 77, Stude Flour in 100-lb. cotton sacks of baker 374 Union Bag 30%, Union 86 per cent extraction sold at: Carbide 116 U.S. Rubber 69, family use $1.00 per bag; stand-U.S. Steel 90%, Westinghouse ard $3.34

bag-Associated 34, Youngston Sheet and Tube Press,

80-Associated Press.

per

World Still Depends On Far East Tin

London, June 18.

Estimates of tin production during the war sug- gest that the world is still far more dependent on the Far East than had been expected, says the Economist.

World production rose from 183,500 tons in 1939 to a peak of 245.500 tons in 1941.

With the Japanese occupation of producing territories in the East, world output fell to 120,000 tone in 1942, 121,500 in 1943, and 109,000 in 1944.

Malayan production fell from the record 85,384 tồne in 1940 to 15,000 tons per annum In 1943 and 1044.

That of the Netherlands East Indies, fell from 50,000 tons in 1941 to 5,000 in 1944.

supporting card for whichever sult your partner, lends, and your intermediaten in the other sults will play an important role in

Output of the Belgian Congo, defeating the, no-trump contract. This is far too strong a hand forever exceeded 17,146 tons while from which much was expected, peak for Nigeria was 14,999 tone in 1941.

amascus.

Score 100 per cent for pass, 20 por cont for two diamonds or two apades.

Question

Consumption during the war has not yet been disclosed, but combined consumption of Bel- Schon-tain and United States in 1943 was 73,631 tons, compared with 180,870 In 1941 and 97,594 in 1039..

Today, you are Howard ken's partner and, with both aides vulnerable, you hokit

3

H 9.308 4.2. D. 700

K-10-08 37

The bidding. Jacoby Schenken 1NT

Máfor Pau

You ..(7). What do you bid? (Anawor Tomorrow).

British stocks at the end of 1945 wore 83,800 tons, compared with 28,000 in 1943. U.S. stocks on July 1, 1945, totalled 95,573 tons, against 144,861 on Janu-

ary: 1, 1048.

The Economist says the in- dustry is concerned with the im- mediate price outlook.

Producers in Nigeria and Malaya are dissatisfied with the present official buying prices of 2000 per ton f.ob, local porta. They point out that British and American buying prices for Bolivian tin are 4840 to 4360 a ton.

The journal saya the British home selling price appeara to have lost its economic founda-- tion, and an adjustment segms unavoidable.

OPA. ORDER

Washington, June 17, The office of Price Adminis- tration today, ordered commer cial

rations bakers" sugar trimmed to reduce the output} of cake and other pastries.

Simultaneously and OPA official said that retall ́sugar prices would be increased about 1/5th of a cent a pound to off- not the wage increase in the ro finery Associated Prosa.

For Freight and Baloon Passages all lines, please apply tor BUTTERFIELD & SWIRE Connaught Road, Central, Telephone 30301 (Private exchange),

Ship

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

"TAIPO SHAN” "OTRANTO"

From

"HONG KHENG" "HICKORY MOUNT"

Port Okha & Bombay U.K. Bombay U.K.

Due

Discharging

June 21st.

July 1st,

Mid-July

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SHIP

"NIDAROS"

FROM

Calcutta

DUE

July 2nd.

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

Passengers and freight to Australia.

For full particulars apply to

MACKINNON, MACKENZIE & CO.,

Telephone Nos. 27721-4.

BLUE FUNNEL LINE

AILING TO FORT SAID, LIVERPOOL VIA STRAITS,

ADRASTUS

25th June TEUCER

3rd July

SAILING FOR LIVERPOOL VIA N.EI, STRAITS. PORT SAID & AMSTERDAM,

LAOMEDON

VESSEL DUE. MENELAUS. from U.K via Straits ·

25th Juno

carly' July

For Passage and Freight Particulars opply to:- BUTTERFIELD & SWIRE, AGENTS

Telephone: 80838.