1946-06-28 — Page 7

CLASSIFIED ADVERTISING

20 WORDS $2 FOR ONE INSERTION PREPAID, $1 FOR EACH ADDITIONAL INSERTION, ADDITIONAL WORDS 10 CTS. PER WORD PER INSERTION

$2

THE CHINA-MAIL, FRIDAY, JUNE 28, 1946.

Civil War Hindering China's Recovery

Shanghal, June 27.

So long as civil strife continues, China's lines of communication would be Interrupted and her complete economic recovery rendered impos- sible, Prof. Douglas B. Copland, Australian Minister to China, told the Associated Press.

Replies are awaiting at our The country's economic system was disrupted

-officos for Box Nos, 47, 62, 70, 81,

82, 88, 90, 91, 92, 93.

WANTED KNOWN

HAVE you seen the "Scamp?" "First" exclusive display by

A

when the free area had to bear the strain of hostilities against Japan, declared Professor- Copland, famed for his success in stabilizing prices in Australia.. During the war, Professor recovery will be impossible. In the Japanese- China, railways and roads are Coplan Raid, Mode Elite 22 Queen's Road Coccupied aren in China contain highly vulnerable

to guerrilla straw-hats featuring Ultra-distinction, Exquisite Pare ed many of the country's best tactics."

The civil strife had another Silk embroidered lingeries, coats, developed resources and 40 por

· devastating effect оп Jade-gold cent of the population. "Gensine" byjamas,

Prof. Copland continued, jewels, "Prewar-made" teak- It could not be expected that om"

chests "Incomparably economy could be

quickly in that it necessitated heavy campbor

restored from a blow of this expenditure on the army and Beautifully Carved."

magnitude, be asserted. SITUATIONS VACANT

Also

LARGE Firm has vacancies for 10 Chinese youths of sound health age 19 to 24-of good English and Chinese education for office and sales work. Must have no objection to proceeding out of the Colony, Good treatment for those relectvi. Apply in English and Chinese to Box No. 95, "China Mail"

FOR SALE

OVERCOAT Naval 'ÜMeer's style, finest American

doeskin cloth. Never worn, Suit tall man travelling upcountry. Write Box No. 94, China Mali"

"The process of rehabilita- tion," he said, "has been grave. ly retarded by the civil strife which has cut the main lines of communication and rendered impossible the full working of the more industrialized economy of east China.

Inflationary Forces

"So long as civil strife con- tinues," he added. "the lines of kommunication will be inter- rupted, and complete ceonomic

DEBATE ON BRITISH LOAN

econ-

made anything approaching a balanced budget impossible.

cr

and

N.Y. STOCK MARKET

New York, June 20. Selective recoveries among ralls and industriais stendied the stock *tharket to some extent bu a number of thin blue chipe con- tinued to dip from one to fayr points on light transactions, while many leaders dropped into lower territory.

While declines were well in the a number of pivotals majority,

Trans finished with plus signa, fers were 1,000,000 shares. Cau tion was again attributed mainly

doubts

the com regarding promise price control legislation $76.04; 20° es, Stock Averages

Dow Jones

Rails 64.93; 15 Utilities 41.47.

Closing

North Borneo Company Hands Over

London June 27.

JARDINE, MATHESON & CO., LTD.

AHLIPPING DEPARTMENT

16 Pødder Stroes

Tel. 80311..

General Managers.

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

The British North Borneo Company, one of the last great chartered trading companies, which contributed so much to building up the British

colonial empire in the 17th, 18th and 19th

9.S. EMPIRE PERLIS centuries. today agreed to hand.S. ESANG over the company's interests and.

acts to the British Government. The transfer will be made on July 16. The question of pay- ment is being left to arbitration.

Today's decision is the last step in the negotiations which have been going on for about

of territory. The for the transfer of original offer made by the Govern ment of $2,100,000 was retused as being insumciont.

These chartered companies Brat came into

after

a year

covery, of America, in day when

in India.

of the

BRIDGE NOTES

S.S. YUENSANG 8.S. KITSANGA S.S. WINGSANG

S.9. BAMDART DA. KWAISANG 8.S. EMPIRE PERLIS

M.V. HICKORY CREST S.9. ESANG

SAILINGS

to Stratta and Galeutia 20th Juno .to Shanghai and Tientsin 29th June ARRIVALS

from Shanghai 29th June .from Singapore and Calcutta 3rd July from Shanghai 2nd July

IN PORT

..Buoy A.13 .Kowloon Dock ...Buoy B-5 T.E.R. Wharf,

„Custodian's Wharf ·

All the above subject to alteration with notice.

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

Agents: GLEN LINE LTD.

due from United Kingdom 6th July due from United Kingdom mid July

Managing Agents: AUSTRALIA CHINA LINE

S.S. SJOBRIS S.S. NEWDROUGH

duo from Sydney 1st July due from Melbourne 11th July

Agents for PRINCE LINE LTD.

novereigns gave or sold to their subjects the sole right of trading with 4 given country. Thus, ha anid there were two

Adams Exprox 20. American |

Smelting Perhaps the best Imown of all forces in operation that were Can 100's, American

American Telephone 196% of them as well as one highly infintionary in their Tobacco 93, American earliest was the East India Com- effects-the decline in industry in east Chinn on account of incl Waterworks 25, Anaconda Copper any, incorporated by Queen Eli-

45%

10, zabeth on Dec. 31, 1600, which Aviation Corporation of transport, and the inflation- Baldwin Locomotive 31. Barngaid the foundation of British rule-

S.S. NELEUS ary methods of finance caused all 27, Bendix Aviation 464

Founded to compete with the 5.S. SAMSETTE by the drain of continued mili- Bethlehem Steel 107, Boca Dutel, who at that time had the

Borden tary expenditure on the budget. Aircraft 25,

Co.

monopoly, of the spice trade, is) Pacific 19%, J.I. Curadian Paci

Сазе Rising Prices

disappeared when the Brith Colgate 19% Chrysler 1235 that there could not be any liani Corn Products 643, Dupon: De in 1868.—Reuter.

It was therefore true, he said., Commercial Solventa 27, Government assumed full powers ceonomic recovery while civil Nemours state continued.

urs 219, Eastman Kodak Electric Light and Power 237. Electric "The economic

Social] 26, General Electric 475 Gene- structure of China, the Austro-ral Motors 89%, Goodrich 73, linn Minister said,

mit Goodyear 65, Homestake

In the recent Enstern Tourna- Mining

our team-mate, Oswald on the lines, 46, International Harvester 93ment. easily controlled

International Paper

4654,

Inter- Jacoby, me A difficult Slam S.S. SAMAVON that had been adopted in West- | Int

23, Jalins contrect by getting an accurate S.S, SAMTREDY uational Tel. & Tel. 23," democracies during

and Manville 148, Kennecott Copper count of the defenders' hands: LOVELY CARPETS: (0 x 12

Washington. June 27. since the war, where inflation.

North. Dealer 50. Montgomery Ward 88, Na- ft.) $130! (10 x 10 ft) $200! The House Bules Committecary forces had been successful-tional Distillers 86, National Lead Neither alde vulnerable Surprisingly cheap Electroplate today allocated 16 hours for thely held in check, "despite some 37%, New York Central 20, Pack- Tenset! Diamond Ring $1301debate on the British loan.

brenches in the line in the ard Motors 9%, Pan-American "Telas" Binoculars! 289, 'Prince The committee authorised the United States."

Airways 72. Pennsylvania R.R Edward, too. (6—–8, p.m.)

debate after Representative Shortages and excess demand 415, Radio Corporation 14, Jesse Welcoit, the senior Re-in China, he declared could only Sik 25, Republican Schenley 8. 2 publican on the Banking Com-fresit in rising prices, and,

Reynolds Tobacco mittee, said he had had an un-despite the help that China was

Shell Oil

3955, Socony 842 precedented number of requests receiving

Southern Paciile D. Q3 10 9 3jw outside 175, from Republican members for world, the short-term situation Standard Brands 47, Stand C. 68

ard Oil of Calif, 59, Standard presented many difficulties be- Oil of N.J. 77, Studebaker 35% i The House leader, Mr. John fore stability could be attained. Union Bag 18, Union Carbide

McCormack, said the debate

For the moment, he went on, 117% U.S. Rubber 67%, U.S. may start on July 2 although exchange stability was operat. Steel 867, Westinghouse 33, this is not certain-Associateding, but with internal costs Youngstown Sheet and Tube 76.-- Press.

mountin every day the export | Associated Press. trades were being hampered, while it was increasingly neces- sary to impose checks on im- ports to conserve exchange re- sources,

TUITION GIVEN

DON'T miss the chance-Come and join our Summer Rapid Com- mercial Course, Typewriting Course, 8 Queen's Road Central, 2nd floor.

HALF A MILLION MEN'S SECOND-HAND JACKETS and TROUSERS suitable for Hongkong trade at FOUR SHILLINGS each.

"Establish confirmed credito

in payment of any quantity on an English Bank.

M. Newman, (Contractors)

Ltd.

time to make speeches,

O.P.A. PLAN

from the

Out Of Balance

Wages

SHIPPING MOVEMENTS Arrivals

75

H. A D. 8 5 4

C. AK J 10 9 2

B. 10 8

I. KO 10

D. A 2

0. Q 6.

6. AK193

H. J G

DK 7 G

C874

due from U.S.A. 28th Juno due from U.S.A. mid July

Also Agents for:

S.S. GARDEN PARK' S.S. RUPERT PARK

..discharging at Kowloon 1 N. due from Halifax 30th Juno

S.S. WINNIPEGOSIS PARK due from Vancouver about 30th June

BUTTERFIELD & SWIRE.

AGENTS:

CHINA NAVIGATION CO., LTD.

SAILING TO SHANGHAI

SAILING TO SHANGHAI & NORTHERN PORTS

Mr, Jacuby

The bidding: North 1C

Enst South

iH

2H 3S

13 Fass ZS

West S.S. "PAKHOI (No Passengers)

Pass

Pass

S.S. "HUPEN

Pass GS

P453

PRE Pass

and

Enst took the Ace and re-l turned the deuce. South there-

West led the Queen of diamonds, 9.9. "NINGHAP" Yesterday:-U.S.S. Warhawki

(A.P. 168) and U.S.S. Maiala (A.T.F. 106).

Scheduled Arrivals Today: U.S.S. Warrick (A.K.A. 89).

Tomorrow: U.S.S. Swenson,

S.S. Yuensang from Shanghai and S.S. Tibadak from Amoy.

Departures

4, p.m. 2nd July

2 p. 4th July

SAILING TO SINGAPORE

4 p.m. 27th Juno

SAILING TO BANGKOK

2 p.m. 28th June

SAILING TO SINGAPORE & PENANG

example,

the

Mr. Jacoby took the King of diamonds, led to the

he would have returned 5.8. "ANHUI" (Passengers only) ninc.)

Noon 1st July.

4

J

SAILING TO CANTON

2. lat July

fore realised that East had started S.S. "KWEIYANG" (Passengers only) with

only two diamonds. (If East had held A-9-2, for

heart Ace, 5.5. “PATSHAN”

cashed the club Ace, returned with Yesterday:8:8-Otranto-for-trump-to-ruff his other heart,

Singapore.

Washington, June 26. The compromise legislation Thousands shipped to Middle prolonging the life of the Office East,

of Price Administration, Was "The more internal costs risc. Quick shipment of pressed today approved by a vote of the more out of balance would bales of one thousand assorted [264 to 106, by the House of Re-this picture be," Copland said, garments.

presentatives.

"With high prices for rice and} The legislation was shuttled cotton, it is impossible to pre- to the Senate where the O.P.A.'s vent

from rising, and fate is still in doubt. Speaker this, in turn, creates a typical Rayburn, democrat. of Texas, income inflation, which only told the House in closing the add to the demand for goods debate-that-union-Congress-ac- and, in turn, raises their prices. cepted the compromise worked" "There is nothing new in this out on the night of June 24, situation either in China or there will be no price control at clsewhere, and there is always all. Associated Press,

only one end to it," he proceed ed. "The longer it goes on, the more acriaus in the ending."

Fortunately, he declared, It would not greatly disturb the solid peasant economy of the interior, but, in the more in- dustrialized centres, "the reac

So East's distribution was pro- tion might well have serious Leffects on the volume of employ-52.86 a bao higher:

Cotton futures closed at $2 to diamonds, and two clubs. Acting bably three spades, six hearts, two

July 30.37,

Heap Street, Manchester 7.. England.

Cable Address: Harbinger.

AMERICAN PRESIDENT LINES, LTD.

S.S. "MARINE LYNX"

sailing First Week in July for

Manila-Singapore-Calcutta

For Passage and Freight Apply to:-

AMERICAN PRESIDENT LINES, LTD.

St. George'a Bldg.

Tel. No. 28172/28175.

ment and social conditions.

Scheduled Departures Today: S.S. Kweiyang for Bangla, and S.S. Sliverelem for Shanghai.

Tomorrow:-S.S. Esang 10 Shanghat and S.S. Empire Perils for Singapore and Calcuttai

NEW ORLEANS COTTON

New Orleans, June 26.

October

and then drew trumps. At this pelat the Slam depended on run- ning

the club without losing into a trick to the Queen.

T

East had shown up with three,

diamonds. It trumpa, and two was most unlikely that East had mony as seven-hearts, for he had not bid two or three hearts over one club; nor had ho bid three hearts over North's cue-bid of two hearts.

30.45, out this count, Mr. Jacoby re the secon

A first move in checking the December 30.56-58, March 30.02 fused to finesse on position, he averred, was a 03, May 30.64-66, Spot 2.50 per round of clube thus making his cessation of internal strife but balo higher, Middling 30.35-A-Slam. At the other table a club there was much to be done in aociated Press.

finesse was taken, and the De- the way of checking speculation,

clarer made only ten tricks, --Associated Press,

May Benefit

DOUGLAS STEAMSHIP CO., LTD. China

S. S. "Hai Yang"

Sailing for Swatow on or about 2nd July

Subject to alteration without Notice.

For Particulars of Freight & Passage. Please, apply to:-

DOUGLAS LAPRAIK & CO.

General Managers.

P. & O. Building, 5th floor. Tol. 23755.

or

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. 24639.

N.Y. COTTON

New York, Juno, 26. Cotton futures advanced sharp Ty into a new seasonal high ground on broad mill buying and Ahort covering..

New York, June 27. The stripping of Manchuria's factories of machinery may in the end benefit China, the China magazine "Buaineaa Week" higher! said.

Subject to alteration without notice.

For Freight and Saloon Passages, all lines, please apply' tom-

BUTTERFIELD & SWIRE

Connaught Road, Central, Telephone 30881 (Private.sxchange).

Ship

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

"HONG KHENG" "SAMVANNAH" Yesterday you wore Merwin "HICKORY MOUNT" Maler's partaorand, with nel- ther aido vulnerable, you held:

S A.J.03 H J74 DA 6 3 C JD 4 The bidding:

Jacoby You Schenken Pass

15

From

Bom bay

Bombay

U.K.

July 1st, July 4th. Mid-July

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SHIP

Pans "NIDAROS"

The support was based on the belief that the proposed decantrul legislation will be enacted and Malor pove virtually all, restrictions D closed at $2.80 to $8.00 a bale ANSWER: Bid two no-trump. on the cotton Industry. Futures

INT Pass (7) Even thought

your partner has July 30.40, October 30.55, De-near-minimum hid, those should cember 30.60-04, March 30.30, bo seme play for game at no- May 30.55-68, July 30.45, Spot trump. If he has an

absolute 31.16-Associated Press.

minimum, he should a fairly safe at two no-trump.

Score 100 per cent for two, no-" trump, 60 per cont for three no- trump.

WHEAT PRICES

Winnipeg, June 20. Rye July 3.07; Cats July to October 61: Darley July to October .84% bid.

Question

"Japan'a inventory of more than 1,000,000 machine tools when the war ended. half of which were expected to be turn- ed over to the Allied Section for reparation, are in poor condi- tion because of hard usage or because they had been left un- protected in bombed out plants," the magazine explained.

On the Chicago market an ox-

Today you hold the same band, "The sudden hope of both pansion In the offeringa of cash and the bidiling continues: China and the Philippines, both Deferred oats closed at 14 to 21

Jacoby onts brought selling into futures. Maler

You Schenkon Рабо 19

Pass of whom have, been avidly de-cents lower. July remained un-N

Разв ENT Pass mmanding these spoils of war, is changed at $0.88. Prices for corn.

Разб (7) that Japan will be forced to barley and rammine un- What do you bid? (Answor build now machines to speelfica-changed-Associated Press, gaps left in Manchuria's fac-

BEN LINE STEAMERS LIMITED. tions. In any such programme

SAILINGS TO U.S. VIA STRAITS. FREIGHT ONLY,

BENLEDI" loads for London and Hull about Mid July "BENLOMOND" loads for London about Mid August

VESSELS DUE

about 10th July ..about end July

"BENLEDI"

"BENLOMOND

For particulars apply to:-

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

York Building

Tel. 84165.

New York, June 20 torica by Russla's greedy grab The New York and Now Or will get top priorityAseans cotton exchange decideal to sociated Press.

close on Saturdays starting today and running through July and August-Associated Press.

Tomorrow).

'Now York, June 27, The United Statos daily averago of crude oil production for the week onded June 22 amounted to

barrels 4840.000

compared to 1.060,000 the previous wook and 1,898,000 the sams week last yesë.

Router

*Minijapolis, June 20.0* Flour, and flak prices remained

New York, June 27. The Schenley Distillery Cor

Los Angeles, June 27, peration reported that for the The: War Agnets Corporation nine months ended May 81, the disclosed the, aals of 22 narrow net income was $87,700,000, gauge locomotives, once destin equal to 810.48 a common shared for Tokyo to the Simmons unchanged Associated Press. (14

compared with $5.12 a comand Brasilian governments for mon share during the same 300,000. Slam took 18 and

New York, June 16, Foreign. "Exchange Merkiti poriod, in 1946. Associated Brasil took four Associated | Canada 90.68% Argentina: 24.62

Press

Press

-Associated Press::

FROM Calcutta

DUE July 2nd,

| EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

Passengers and freight to Australla.

For full particulars apply to

MACKINNON, - MACKENZIE & CO.

Telephone Nos. 27721-4.

BLUE FUNNEL LINE

SAILING TO FORT SAID, LIVERPOOL VIA STRAITS.

THUCER NELEUS

MENELAUS

VESSEL DUE,

3rd July

15th July

from U.K. via Strafta

For Passage and Freight Particulars apply

BUTTERFIELD & SWIRE, AGENTS

Telephone: 80888