1946-08-15 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES TO AND FROM PACIFIC & ATLANTIC COASTS

THE CHINA MAIL, THURSDAY, AUGUST 15, 1948.

End Of Netherlands EXPANSION

Monopolies In NEI

(By Stan Swinton)

Singapore, Aug. 14.

m.v. Bengal due 7 Sept. m.v. Dona Nati due & Oct. The Dutch-sponsored Malino conference, which

From Pacific Coast via Manila Loads for San Francisco & Los Angeles

From New York via Manila Londe for Los Angeles

Now York.

THE DE LA RAMA STEAMSHIP CO. INC.

Pedo

Building

6th Floor

TEL: 23676

Cable Address:

"RAMA"

BUTTERFIELD &) SWIRE

1. CONNAUGHT ROAD CENTRAL Telephones: 30331-8 Private Exchange,

Agents: CHINA NAVIGATION CO.,

"NEWCHWANG"

"SHANGTUNG" *FUKIEN"

"NEWCHWANG"

"SHANTUNG"

"FUKIEN"

SAILINGS TO

LTD.

Swatow 4 p.m. 18th Aug. Saigon and Bangkok 4 p.m. 19th Aug. Singapore, Batavia, Samarang and Sourabaya 2 p.m. 20th Aug.

ARRIVALS FROM

Shanghai & Amoy 10th Aug.

""TSINAN"

“HANYANG"

Shanghal 16th Aug. Shanghai 17th Aug. Shanghai 22nd Aug. Tientsin and Shanghai 22nd Aug, CANTON RIVER LINE

"FATSHAN"

Arrives Noon 18th Aug. Salls 10 am, 10th Aug. Arrives 2 p.m. 20th Aug. Salls 6 am. 22nd Aug.

Agents: BLUE FUNNEL LINE RAILING TO PORT SAID, LIVERPOOL VIA STRAITS

"MENELAUS"

"AJAX"

"GLENSTRAE"

"BELLEROPHON"

"SAMJACK"

"BENRINNES"

"AJAX"

21st August 3rd Sept.

VESSELS DUE

30th August

Early Sept. 29th August Mid Sept.

from New York via Shanghai 20th August

Agents:

AUSTRALIAN - ORIENTAL LINE, LTD.

"DUNTROON"

"YOCHOW"

"TAIPING"

"TAIPING"..

SAILINGS TO

Shanghai on or about 18th Aug. Sydney Melbourne on or about 24th Aug. Sydney on or about 5th Sept.

ARRIVALS FROM

from Australia vin Jepan on or about 3rd Sept.

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 21st Aug. at 3 p.m.

Subject to alteration without Notice.

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

DOUGLAS LAPRAIK & Co.

- General Managers.

P. & O. Building, Sth floor,

or

Tel. 23755.

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

AMERICAN PRESIDENT LINES LTD.

drew plans for the ultimate establishment of a United States of Indonesia, also recommends economic reforms which would deal a blow to. long-established monopolies and enhance free commercial enterprise in the Indies if they are carried out.

Overshadowed by the political significance of the conference at the time, these significant recom- mendations against long-established Dutch policy are contained in the text of the confer- ence resolutions, which have just reached A flat recommendation that great Dutch Far Eastern ship- "the monopoly of shipping in ping line) should be abolished Indonesia granted K.FM. (the, or, at any rate, that their mono-

here.

American Employment

ference.

IN PACIFIC SHIPPING

Washington, Aug. 14.

Shipping to the Far

Pakei

JARDINE, MATHESON & CO., LTD.

SHIPPING DEPARTMENT

10 Pedder Stroot

Tel. 80311.

General Managers.

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

SAILINGS

East from the United 5.9. "KWAISANG" To Shanghai and Northern Ports via Koolug 15th Aug. States will double, possi-ss. "LOKSANG"

(no passengers) to Stralis and Calcutta 20th Aug. bly triple, within the

ARRIVALS next few years, Vice-! President, Mr. M. J. SS. "LOKSANG" Buckley of the Ameri-1SS. "MAUSANG"

S.S. EMPIRE PERLIS can President Lines pre- | dicted at the Maritime Commission hearing. S.S. HANGSANG

1.

...... from Straits 15th Aug. ... from Sandakan 20th Aug. Calcutta & Singapore 20th Aug. IN PORT

Kowloon Dock Buoy

Subject to alteration without notica,

Kowloon Dock

.... Buoy BA.

Buoy A.14 Machic's Wharf

Agents: GLEN LINE LTD.

5.5, WOSANG Buckley said he expects ans.S. "KWAISANG" immediate Increase of 600,000 9.8. OCEAN VISCOUNT tons annually in dry cargo from SS. EMPIRE FARRAR" California ports alone. poly position should be "Japan is out of the picture," checked. wna made by the con- he anid, "but her requirements, | aside from heavy military ship- The Bame resolution asked ments of prewar years, should All intending Passengers are requested to register their names as that "export points such as be about the same. We will seo far as possible in advance of the time at which they wish to leave Gorontale and other places a big increase in shipping to ahould be opened to export by China, Philippines and to India. means of ships other than those insofar as it is available to us. of the K.P.M., Including for- He said the American Pres-18.5. "EMPIRE WALLACE .............. from Singapore Discharging A13 Washington, Aug. 14.

dent Lines eign ships."

plane fast cargo S.S. "SAMSETTE”

due from United Kingdom 20th Aug. In less than a year of Behind the resolution was a vesseln every three or four days 6.8. "PROMETHEUS“ due from United Kingdom 22nd Aug.

decision

that "by from California porta, and also s.S. GLENSTRAE LOADS FOR ROTTERDAM, ANTWERP peace, the United States conference

this monopoly of 26 round-the-world cruises

AMSTERDAM & LONDON 15TH AUG. has topped the so-called reason of

K.P.M.. the freight rates of the annually. "full-employment" goal company can be maintained af of 60,000,000 jobs, the its option at a high level while at the second day of the com- Census Bureau reported. at the same time the loss of a Civilian employment in July major part of the K.P.M. ficet has caused great delay in the re- climbed to

unprecedented an high of 08,130,000 gain of moval of products from coastal no subsidies in the Pacifle trade. 5.S. CANON BAR

parts." 1,399,000 jobholders in a single month-while the armed

for that ces had 2,610,000 on the rolls, The Bureau, which seldom interpreta Its figures, threw out

declares Another resolution

Government economle agencies "of a temporary and monopolistic character" should be abolished within the shortest trade, including shipping, should

Other applicants for subsidies

mission's hearings include the Olympic and States Steamship Companies which previously had

-Associated Press.

Urges Free

a caution. Unemployment sank time possible and inter-island Market

to its 1946 low, 2,270,000, but

the people now out of joba, the [be left to private enterprise, report said. "in some cases are having real difficulties in find- ing work."

The "Great East" This resolution also recom- mended,

Akron, Aug. 14. John Collyer, President of the Goodrich Company (Ohio) urged serious consideration be given to a return of natural rubber to a free market basis

Collyer at the end of this year.

Managing Agents: AUSTRALIA CHINA LINE

M.V, KAFIRISTAN SS, DEVON

.duo from Sydney 22nd Aug, duo from Melbourne 2nd Sept. Discharging B.27

Agents: PRINCE LINE LTD.

arrived from ÚS.A. Discharging No. 1 Kowloon Wharf.

5.3. SAMTREDY

|REINSTATED ON LOADING BERTH FOR NEW YORK vla

STRAITS—18th AUG.

Chinese Freight Agents: CHEONG FAT CO.,

54 Bonham Strand E, To: 20037.

A definite trend towards 12

1. That the proceeds of ex manpower shortage of the war- time type was reported how-ports from Borneo, Bangka, Bil- the outer islands ever, by Robert C. Goodwin, liton and director of the United States known as the 'Great East" be

first applied to reconstruction, free market basis would bring SS. HASTINGS PARK Employment Service.

of those territories,

Other agencies have also forecast a serious shortage by the end of the year.-ABB0- ciated Press.

N.Y. STOCK MARKET

2. Protection bc afforded smaller importers and exporters against inrge firms.

3. Pre-war balances frozen and credit emaller firma,

1

t

stressed

that

tho

a drop in the price of crudo rubber which now is 23 cents

a pound or between 25 and 26 conte, delivered in the United be un- States. This price must

be

Ship

eased for maintained under the Anglo-

American agreement which

Agents: ANGLO - CANADIAN SHIPPING CO., LTD.

due from VANCOUVER 27th Aug.

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

4. Protection, aid and assist- runs for the rest of this year. "ATREUS" ance be afforded business enter- prises run by Indonesians.

Collyer also said that 600,000 "SAMDARING"

A third resolution asks that tons annually of general pur- Indonesians be assigned to the, Pose synthetic rubber could be | "BENALDER" New York, Aug. 14.

at profit, by Į "SAMETTRICK"

Ship Recovery ruled the stock mar.management of domestic and made and sold

15 and 17 cents a pound-As- ket as demand reasserted itself foreign companies doing busi-Private industry, for between

ness in Indonesia.

sociated Press.

"SAMSOARING" for selected steels, rubbers, oils, motors and a wide assortment of special industrials.

The recent drying up of selling inspired the reinstatement of ac- counts here and there,

Dividends again were bullish, Norfolk and Western added bet- fer than 7 points on a few shares. Other advancers Included Pennsylvania Power, Woolworth, Dow Chemical, United States Gypsum. Laggards included Cón- solidated Edison, Santa Fe, Phillp Morris.

Transfers exceeded 900,000 sharea.

tion

Baldwin

A fourth measure passed by the conference calls for the Government to-nationalize-the Java Bank, controlling the

the official bank MONEY MARKETS

circulation of money in Indonesia. It anks this be done "at the earliest possible moment." Associated Press,

LONDON STOCK

MARKET

"SAMNEACH”

From

U.K. KARACHI

U.K

KARACHI & BOMBAY

Loads For

End-August End-August

Early Stoptember

End-August

Ready

UK. via Straits Mid-September ACCEPTS CARGO FOR LONDON,

ANTWERP & ROTTERDAM BOMBAY

Mid-September

New York, Aug. 13. BRITISH INDIA STEAM NAVIGATION CO., LIP.

American A/C. Sterling 4.03- 7/18, 4.03-9/10. American A/C Sterling 3 Months 4,03-7/18, 4.03-0/18, On Sweden 27.01, 27.84,

Passengers and Freight to India

France 84, 84%, Switzerland (01- EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

"NELLORE

FROM

AUSTRALIAN

PORTS

AUSTRALIAN

PORTS

For full particulars apply to

DUE

AUGUST 18TH

EARLY SEPT.

MACKINNON, MACKENZIE & CO.

Telephone Now, 27721 4

MAERSK LINE

M.S. "TREIN MAERSK”

24th August, (No Passages available)

for Particulars please apply to

ficial) 23.40, 23.55, Switzerland (Free) 24.90 offered, Spain 9.20, SHIP Portugni 4.04b, 4.00a, Australia London, Aug. 13. 3.23, New Zealand 3.25, South The stock market makeupAfrica 4.02, British East Africa showed little change generally. (20.25, India 30.33, China unquot- "EASTERN" Closing stock market quata-Apart from nationalisation issues, ed, Argentine (Official) 29.78, Ar- tions.............

some dullness crept into indus- gentine (Free) 24.07 offered, Adams Express 20%, Alaska

Brazil 5.30, Bolivia (Official) 200, trials. Juneau 7 American Can 101,

Tobaccos were under pressure, Bolivia (Free) 2.38, Chilo (O- American Smelting 6, American with British, American Tobacco ficial) 5.16, Chile (Free) 3,25, Telephone 198, American To-

Company and Imperials at 126/10 Chile (Export) 4.00, Colombin bacco 06%, American Waterworks and 156/10, both 7/ lower, while 56.98, Cuba 100, Ecuador 7.6m, 23, Anaconda Copper 47%, Avia stores were also under slight pres-, Guatemala 100, Holland 37,78,

Corporation D,

Mexico 20.60, 20.03, Peru 15.50n, Locomotive 31, Barnedall 30%, sure at a few pence lower.

Yesterday's sharp fall on gold- Uruguay 56.00b, Venezuela 29.00, Bendix Aviation 45%, Bethlehem

mines attracted some local and Netherland West Indies 53.05, Steel 167, Boeing Aircroft 2944,

Cape support but the market, Dutch Gulana $3.35, Montreal on Borden Co. 52, Canadian Pacific

acted cautiously in view of the London 4.02, Montreal on New Loading for New York, Atlantic Ports via Los Angeles, Panama 17%, Chrysler 120, Colgate 53%, present labour poaltion.

York 08.875, Swiss Bank Notes. Commercial Sulvent 51%. Corn

Slightly casier conditiona on rate 20.00, Belgian Franc 2.28, Products 60%, Dupont de Nem- ours 215, Electric Light & Power the money market, coupled with 2.28%-Reuter.

reinvestment funda resulting

London, Aug. 13. 24%, General Electric 40%, Gen- from repayment of National War On New York 4.025, 4.035, eral Motors 68%, Goodrich 77.

23% рег cent bonds, 1940/40, Montreal 4.02, 4.04, Zurich 17.34, Goodyear 10, Homestake. Mining stimulated giltedged but the 17,36, Stockholm 14.47, 14.60,

3, International Harvester 99,

Aires unquoted, Brazil International Paper 50%, Inter, turnover in this section was the Buenos

Amaliest for some considerable 78.4088, Brazil (zellers) unquoted, national Tel. & Tel. 23%, Johns

Uruguay unquoted, Belgium Manville 103, Kennecott Copper: British Borneo was again the 167,50, Parts & French Empire 581, Montgomery Ward 885, Na-feature of oils, further respond-479.50, 480.30, Syria 811, 885, Lls- 5.S. "SAN MATEO VICTORY" 3rd week New York & Boston.

tional Distillers 31%, National

bon 99.80, 100.20, Swiss Bank * Aug.

Lead 37, New York Central ing to development hopes. S.S. GENERAL MEIGS"

20th Aug. Manila (passage only)

Consols, 24 per cent 1945/75 Notes Middle 17.25, 17.50, Nether- 23%, Packard Motors 0, Pan-00-15/10, Conversion Loan, lands West Indies 7.58, Holland S.S. GENERAL MEIGS” - end Aug. Shanghal & San Fran American Altways 18%, Pennsyi-

cisco,

vania R.R. 37, Radio Corporation per cent 112-3/16, War Loan, 3% 10.03, Panama 4.02; 4.04, Denmark For Passage and Freight apply to:-

14, Republic Steel 38%, Reynolds per cent 100%, New War Loan, 319.32, 19.30, Prague 201, 202, Nor- Tobacco 43, Schenley 09, Sears per cent 108-11/18, Victory. Bonds, way 19.08, 20.02. AMERICAN PRESIDENT LINE. LTD. Roe buck 441. Shell Oil 30, 4 per cent 118, German Loan, 7 Socony Vacuum 181, Southern per cent (Dawes) 11, Japanese Tel. No. 28172/28175. Pacife: 61%, Standard Brands Bonds, 5 par cent, 1907 23, Car- 45%, Stendard Qil of Calif: 59%, ton-Kowloon Railway 22, Tien- Standard Oll of NJ. 701 Studdin Pukow Railway, 8 pèr, cent baker 33, Union Bag 37, Union 20, Lung-Tsing U. Hai Rly, 3 per Carbido 112, U.S. Rubber 74, cent, 1913 21, Reorg, Loan, 5 per U.S. Steel 91%, Westinghouse cent 1913 (London Iss) 50, Crisp 31. Youngstown Sheet & Tube Loan, 021-Associated Press.

Speed-Frequency-Dependability Refrigeration Special Cargo Oil Tanks-Cargocaire--Specle

A VESSEL

St. George'a Bidz.

A

SAILING FOR

3rd week Shanghai, San Fran-

Aug. cisco & Los Angéles.

THE SWEDISH EAST ASIATIC CO., LTD.

M.V. TRAVANCORE" M.V. "NAGARA”

M.V. "BALI”

MU. TRAVANCORE"

Outwards

Homewards.

.duo Hongkong 2nd Sept. .due Hongkong End Hopt

about 10th August

second half Sept

Loading for Port Said, Marseilles, Antwerp, Rotterdamy:: Copenhagen, Oslo and Gothenburg. For further particulars, apply to:

GILMAN & CO., LTD. Phone 27871). (Shipping Dept.

..

COTTON PRICES

New Orleans, Aug. 14,

time.

U.S. NEWSPRINT

PRICE

Now York, Aug, 14. The newsprint Industry nd- 5 per cent, 1011 47, visory committee to O.P.A has Hukuang Railway, 5 per cent, 1911 adopted a resolution on the ques- 28, Honan Railway, 8 per cent, tion of lifting the price ceiling. 1905 31, Shanghal-Nanking Roll- The committee declined to cent 28, Mercantile make public their recommenda- way, per Bank of India, "A" 21, Charter- tions.

Cotton futures closed steady to ed Bank of I. A. & C. 13-3/16, The committee meeting follow- 05 cents a bala lower to a cenia HK, & Shanghal Banking Cored considerable confusion in the higher.

portion 80%, Lydenburg Talabas newsprint industry incident to Oct. 88.68, Doc. 35.73-75, March 110/3. South Africa Townships Canada's revaluation of the dollar 35.01-05, May 36.91, July 34.04-80. 29/0, Solection Trust 40/0, Bouth which increased prices there by Spot cotton 75 cents a'balo-low-Africa-Torbanites 18/1, Canadlar 100 per cent in Ameriopix dollars with middling 35,7)---A886- Pacido 22%, Mexican Eagles 13/9, above the tinchanged C.PA. cell- sisted Press.

Ing-Associated Press, t

er

JEBSEN & CO., Agents

Fodder Building. 7th floor. (Shipping Department Tel. No. 22802)

BEN LINE STEAMERS LIMITED.

SAILINGS TO. ILK, VIA STRAITS, "FREIGHT ONLY. "BENEINNES" loads for London...

"BENCRUACHAN”. "EMPIRE WITHAM"

VESSELS DUE

.:eatly: Supt. -

mid. Sept. mid. Sopt.

For particulars apply to:-- W. R. LOXLEY & CO. (CHINA), · LTD.

York Buliding

S.S. "SHAHIN”

Tel. 84165.

Salling for HOIHOW & KEELUNG ·

Loading 16th August, 1946

M

Boom 280;':

Salling 18th August, 1946

For Fraight Apply To

NEMAZEE

Prince's Building

--- Tel. 88781.&.81186: