1946-07-05 — Page 5

1

CLASSIFIED ADVERTISING

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

$2

Ileplica are awaiting at our

THE CHINA MAIL, FRIDAY, JULY 5, 1946.

Economic Disaster In Precautions

Shanghai Feared

(By Spencer Moosa)

Shanghai, Julý 4. Fears of economic disaster overcoming Shanghai, city of 4,000,000 struggling hopelessly for re- birth after more than eight years of war, were expressed in a petition to dynamic, Princeton- educated Mayor K. C. Wu by a group of re- presentative businessmen.

officer for Box Nos. 62, 81, 82. 88. The petition, signed by leaders of the British

21.

WANTED KNOWN

DON'T choose your gifts unt!!

you see at 22 Queen's Road, Ct.

jowellery, "Pure Side-goldly that employers would .be un-1

Embroider-i

In Canada

Ottawa, July 4, which

- Canada,

has

BRIDGE NOTES been following a policy

"Please tell us where we went Four." requests a Chicatro' reader. "Except for the spade, loser, wo had Ofteen tricks, but we failed

to reach a Slam:

South, Denler

Neither side vulnerable

8. B

8. AQ398 109

Dutch, Swiss Norwegian and French business communities, foresaw the possibility of "some tens of thousands of workers with no work to be done and no means of survival."

the petition The danger of the coat of live previous month, Mode Elite's dazzling collections Ing and wages rising so rapid- | stated. of "Exquisite Genuine

In all, it said, the cost of liv. at least 4,000 19 able to pay was, it warned, lug hud risen ed clothing of all description, "now within view if no improve times since 1986. "Prewar-mado finest carved" teak-

Threefold Effect "In- ment is recorded.". camphor chests, absolutely

"Concurrently with this in- comparable elsewhere. Also show- ing many "Startling New Ideas"

flation," the petition continued. "there has been a controlled in hats, swimsuits, handbags.

foreign currency exchange rate, South the American dollar being 111 pegged at only approximate 693 ümes its 1936 value."

WANTED

BRITISH fem urgently requires Godown, any size, centrally locat ed. Please write Box No. 07, "China Mail."

DANCING LESSONS

LEARN to

dance

at Alice's

Lessons given individually under her expert supervision, Don't miss this opportunity. Why remain a wall-tower all your life? 29, King Kwong Street, (2nd floor) Happy Valley.

The cost of living index, na published by the Shanghai cily government, showed a rise 62.02 per cent in May over the

SITUATIONS VACANT

LARGE Firm has vacancies for

This combination of Inflation and controlled foreign exchange the petition asserted, threefold effect:

H. KJ7

D. QJ62

. AKQ.12

b. 10743

F. 83 EDS.

U. 0 5 4 3

N

D. 10 7 4

| VV

10 76

8. 0 2

# Á QC 2

DAK 953 C 8

The bidding i

West

19

8D Рана

PRAS Робо

East 28

North

20 5D Pass "North and he had dono his all by making a free bid in clubs and jumping to five diamonds. South

with two losing spades in his hand.

10 Chinese youths of sound health and the resultant inequalities, didn't see how be could bid a Slam

-age 10 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 selected. Apply in English and Chinese to Box No. 95, "China Mail"

DE LA RAMA LINES

EXPRESS CARGO-LINER SERVICE

M.V. "MANGALORE"

....Due HONGKONG 15 JULY

M.V. "DONA NATI" .......Sails from NEW YORK JULY 2 M.V. "BENGAL"

JULY 4

.Sails from SAN FRANCISCO M.V. "DONA ANICETA" ...Loads NEW YORK AUGUST

Vis PACIFIC COAST

had a

1. "As far as foreigners are

"But there the Slam was, large |

concerned, and we believe Chias life. Was it biddable; and, if nese likewise, the cost of main-

60, how taining themselves both domes tically and commercially is ex cessively high and in certain cases already disastrously so."

2. "The cost of local produc- tion is so great that it is im- possible ta muiufacturo goods at an economic and competitive price."

Exports Impossible

3. "The cost of local pro- duce and manufactured articles is so high due to labour and transportation costs that export is practically excluded."

This situation,

the petition went on, had now continued for some six months "with a steady and clearly-defined deterior tion."

"We wish, therefore," the

clear conviction that should no improvement in the economic position occur during the next few weeks, it is considered like-

THE DE LA RAMA STEAMSHIP CO, INC.petition asserted, "to record a

Pedder Building 5th Floor

G.P.O. Box 42 Hong Kong

Cable Address:

"RAMA”

AMERICAN PRESIDENT LINES, LTD.

8.5. MARINE LYNX

Sutling

5th July

6.5. SCOTT E. LAND

For

Singapore

and

Manila, Calcutta. 9th July Batavia, Singapore,

Penang, Colombo, Bombay. Jeddo, Suez, Port Said, Marseilles and New York.

0.5. ABERDEEN VICTORY mid. July Shanghai. San Francisco.

Los Angeles Harbor, New York and Boston.

for Pasange and Freight apply to

AMERICAN PRESIDENT LINES, LTD.

St. George's Bkig.

Tel. No. 28172/28175

SKOLFIELD LINE)

5. S. BARBARA C

expected to arrive from Amay about 7th July

Sailing for Manila about 9th July

For Freight Space.

· Apply:-

Á. E. GERONDAL & CO., LTD.

Union Building

Agents.

Tel. 33397

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Hai Yang"

Sailing for Swatow & Amoy on or about 3rd July (NO DECK PASSENGERS).

-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.

or

CHINESE SHIPPING DEPT, 20'Connaught Road, Central. Tel. 24639.

BEN LINE STEAMERS LIMITED.

SAILINGS TO U.§. VIA STRÁTIS.

FREIGHT ONLY.

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

VESSELS DUE,

about" 10th "July

about end

For particulare apply to 1- XLEY & CO. (CHINA), LTDS Buliding

The Slam was quite biddable. North should have bid six dia- monds right over South's rebid of three diamonds. It was just a case where a player who possessed all the necessary information had to bid the limit.

Let's

of gradual decontrol of prices, is making a strong effort to insulate herself against. any great price rise in the United States.

officials Government

Bald that an attempt will be made to seal the border to prevenit in- flation apreading here, but are pessimistio whether they can hold the line against strong and persistent American pressure.

The Canadian programme is shaping along these lines:

(1) Increasing subsidies on imports from the United Stat:9 vital to Canadian economy;

(2) Enforcement of strict ex-

Pago T

JARDINE, MATHESON & CO., LTD.

SHIPPING DEPARTMENT

10 Pedder Strack”

Tel. 30311.

General Managers.

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

25. KUTSANG S.3. WINGSANG

8.8. MAUSANG

9.8. WINGSANG M.V. HICKORY CREST- S.S. KUTSANG

SAILINCS

.to Shanghal 6th July to Shangbai 8th July

ARRIVALS

from Sandakan 8th July

IN PORT

...Custodian Wharf T.S.R. Wharf. .Kowloon Wharf B-N.

All the above subject to alteration without notice.

port control to prevent Canadian All Intending Passengera are requested to register their names a munufacturers quitting the far as possible in advance of the time at which they wish to leave. domestic market:

(3) Continuation of the cur. rent progressive decontrol at previously planned rates.

Canada till controls ren s and prices of all goods consider

essentials. - ed cost-of-living Associated Press.

N.Y. STOCK MARKET

New York, July 3.

\

Closing stock market quota- tions:

Corn 644 Eastman Kodak

Agents: GLEN LINE LTD.

8.3, NELEUS S.S. SAMSETTE 3.S. PROMETHEUS

due from United Kingdom 5th July due from United Kingdom mid July. due from United Kingdom late July

Managing Agents: "AUSTRALIA CHINA LINE

S.S. SJOBRIS S.S. NEWBROUGH M.V. DEVON

arrived from Sydney, Kowloon 2-5 due from Melbourno 11th July duo from Melbourne late July

Agents for PRINCE LINE LTD.

9.5. GARDEN PARK 3.S., ASPEN PARK,

Alaska Juneau 42%, American Can 100%, American Smelting 68, 8.S. SAMAVON what information

American Tobacco 95, Aviation 5.5, SAMTREDY North possessed. He knew that Corporation 10%, Baldwin Loco- South had biddable holdings in mative 324, Barnsdall 29, Bendix hoth red Fuit-together with Aviation 48% Boeing Aircraft enough total rtrength to make a 26, Borden Co. 53%, J.I. Cone free rebid. Since both

opponents Chrysler 127%, Colgato 524, had bid arades, it was extremely

that South had any Commercial Solvents 29, unlikely apaile strength. And since South 242

General Electric 41, General could not have any club strength, 243, Electric Light & Power 20

high cards were necessarily Motors 70%, confined to the red

75%, Good- suits.

00%, Homestake Mining 46, year Now, how much less than Ace- International Harvester 97, Inter- King and Ace could South: hold in national 40% International the red suits. From the bidding. Tel, & Tel, 23, Johns Manville

Tal Paper he couldn't hold less and michi, 161, Kernecott Copper

gomery well hold more. Ne needed for a Slan 50 North i tillers 92%, New York should have bid six diamonds 25% ackard Motors 95, Penn- 41, Radio Cor- without hesitation,

sylvania H.R Roration 16, Real Silk bacco 44 Schenley Roebuck 44%, Socony 17%, Southern Pacific 5', Stand- Brands 46, Standard Oil of Cniif, 65% Standard Oil of N.J. 78, Studebaker 30, Union Bag 36%, Union Carbido 113%, U.S.

*

more wasi

Yesterday you were Oswald

Ward 92, Nation

-Rom

超好

fy that many local concerns will) Jacoby's partner and, with neither Steel 33, ReSDB ca

have to reduce the scope of

their activities, closing facturies sice vulnerable you hed:

and offices tej a state of care and maintenance, which they are naturally most reluctant to do.

The inevitable result of this will be that unemployment will be greatly increased.

i.

Jacoby 1H

S A 10 6 5 I 04

2 The bidding:

Schenken

Pass

2NT

Scara

57Vacuum

Discharging 5-N Kowloon duo from U.S.A. mid July

Also Agents for:

....Sailing for Manila 6th July

due from Vancouver about 10th July

BUTTERFIELD & SWIRE

LGENTS:

CHINA NAVIGATION CO., LTD.

SAILING TO SHANGHAI & NORTHERN PORTS

S.S. "HUPEH

S.S. "TSINAN"

Noon 7th July

July

SAILING TO SHANGHAI

2 pm. 9th July

SAILING TO CANTON

5 a.m. 9th July

Subject to alteration without notios,

You Malor Rubber 70%, U.S. Steel D1 S.S. "FATSHAN"

13 Pass Westhighouse 33%, Youngstown (7)

Sheet & Tubo 60.-Associated ANSWER: Bid three no-trump, Press. Your partner's very strong rebid practically promises game if your first response was sound.

Since you have more than enough value for a one-spado" response, you "This is a critical situation i must accept the game invitation. which cannot be contemplated Scoro 100 ner cent for three noin late trading and under aggres- with equanamity.

Critical Situation "There may be some tens of thousands of workers with no work to be done and no means of survival.

trump, 0 for any other `bid.

Question

"You yourself have made public speeches in which you Today you are Howard Schen- have said that there is danger ken's partner and. with neither of the cost of living and wages side rising so rapidly that employ- ers will be unable to pay.

"We wish to state that this time is now within view, if ra improvement is recorded.

believe that} "We earnestly We should be unfair alike to labour, to ourselves and to the city government if we did not Jay is situation frankly be fore you.

"As citizens of Shanghai we feel it is our duty to share our burden together."-Associated Press,

U.S. Jump In Prices

Washington, Svaly-1,

While consumers In the United Blüten worried over the prediction, broadcast by Stabilization Director Chester Bowles, that living prices would double in 20 days if the present upward trend in commodity peltes continued, prospecta

control fecreased.

of renewed

vulnerable, you hold:

S Q JD 5'2 II 8

D J753 CQ 74

U.S. COTTON.

New York, July a.. Cotton futures moved briskly

sive mill buying closed 40 cents a bale lower to 40 cents higher.

July 3100, Oct. 81.08, Dec. |

May 31.21-22, March 31.26-28,

.

July 31.10 bid. Spot 33.67. Only irregular allotments ragon goods appeared.

New Orleans Cotton futures closed 30 conta a balo lower to 25 cents higher.

The bidding: Schenken Jacoby You Maler July 30.85 bid, Oct. 31.01-00,

Pasa (7)

Dec. 31.18-23, March 31.25-30, What do you bid (Answer May 31.20, Spot Unchanted, Mid-

dling 81,05.-Associated Press. Tomorrow).

1K

FOOD PROSPECTS NO BETTER THIS YEAR

pro-

Washington, July 3.

.

For Freight and Salgon Passages all ilnes, please apply me:

BUTTERFIELD & SWIRE.

Connaught Road, Central, Telephonò 30981 (Private exchange).

Ship

PENINSULAR & ORIENTAL STEAM

“RONG KHENG

NAVIGATION COMPANY

“SAMVANNAH" "HICKORY MOUNT"

Froi

Bombay

.. Bombay

U.K.

Due

In Port Discharging Mid-July

BRITISH INDIA STEAM NAVIGATION CO., LIB.

SHIP

FROM

"Calcutta'

DUE

Discharging

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

Passengers and freight to Australia.

For full particulars apply to

MACKINNON, MACKENZIE & CO.

The United States Department of Agriculture re NIDAROS”.

ported that the food production prospects in most parts of the world in mid-June were sub- stantially better than a year earlier. Nevertheless, it said that the world faces almost as great a shortage of supplies during the next twelve months as it has suffered during the past year. Improved production

Careful utilization of all food Howie, whole resigning on July 10.spects are offset by the reduc- must be continued.. anid he did not expect that the trend itions in stocks.

In the For Enat, conditions would continue, but averted that price In its second survey of the thus far have not been general- Increasts recorded on Monday, the first world production outlook since ly favourable for the planting 'day following the expiration of price controle, "are only a tale of what the planting season started of current crops. Some pro shrad, "If we accept anything less than north of the Equator, the de-grosa in expanding the crop pro- * really #ffective price and rent control partment eald that there hadduction in Japan le reported. In- The alluation presented a putzlog pie been sonic. increase in the aero-sufficient rain prevented Au ture to the nation's burers, with some age of planted 'crops and that tralla from Increasing acreages price being increased and others main-relatively few arena have re-as much as planned In Russia, ing at pre-form price

The Barees of Labour statistics report ported unfavourable conditions: a slightly larger acreage has ed the price fuck her baufe rammolity However the total acreage of been seeded to grains and the Increwed only 7/19 of one per cent dur-planted food crops is said, to be recent rains have relieved the ing Tucaddy, after Monday's sudden up-still below pre-war reported Ukraine-Associated Press,

drought situation in the

legislation,"

The department

"ward 'Kurge,

Record high Increases were paid for ghould the present, prospects caille. In some, marketer on Trosley - noi. reflected an ingrcass up to 50 per cent for crop production continue un- In some butcher show where it was

Available,

However, prions for many that

modities rained steady with

harvest, the world production of food for 1948-47, will be somewhat larger than the ro latives low levels of 1945-46, creening number of merchants but will be definitely below fire

Cattlemen, however, rushed animals for War, particularly on per capita ziarket to take advantage of the ballem basin

to, kowi, thian, Kowa

·ing prices, whiatrisch, a escord ní 311;503| 15m

a hundredweläbi ja, Sultan Bathe mace Stating that reserves at the the top (OPA" wriode Foulter Landratal berinning of the durrent harvo up to 10 binda wir 'sound at kende pallid// Wifi

· CHICAGO OATS

Chicago, July 8

· Oats slumped at times under heavy selling inspired by a strang belief that some prios control glalation would be enacted soon

closed 15 to 14, readin.

92 Associated

Telephone Nos. 27721-4.

BLUE FUNNEL LINE

"AILING TO FORT SAID, LIVERPOOL VIA STRAITS,

7th July 16th July.

B1st July

TEUCER

NELEUS MENELAUS

VESSEL DUE:

MENELAUS from U.K. vin Straits HICKORYBURN

16th July

SIst

GENTS

For Passque and Freight BUTTERFIELD