1946-08-20 — Page 7

DE LA RAMA

LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

VESSEL

S.S. PANAY

*M.V. BENGAL

MV. TRAVANCORE

M.V. DONA NATI

DUE

27 Aut.

28 Aug.

LOADING FOR

Manila (Immediate

Discharge) Pacific Const via Cebu

Pacific Coast vla Shanghai & Philippines

Pacifle/Atlantic

2 Sept.

6 Oct. (Accepts Passengers for Cebu)

Содата

THE DE LA RAMA STEAMSHIP CO. INC.

Pedder Building

6th Floor

TEL: 23676

Cablo Address:

"RAMA"

BUTTERFIELD & SWIRE

1, CONNAUGHT ROAD CENTRAL Telephone: 80831-8 Private Exchange.

Agents: CHINA NAVIGATION CO., LTD.

'"'SHANTUNG"

→ “FUKIEN"

"NEWCHWANG"

"TSINAN"

HANYANG"

"TSINAN" "HANYANG

"TATSHAN”

SAILINGS TO

Saigon and Bangkok 4 pm. 22nd Aug. Singapore, Batavia, 2 p.m. 20th Aug. Swatow & Fouchow 2 p.m. 21st Aug. Swatow & Shanghai 4 p.m. 24th Aug. Shanghai & Tientsin p.m. 28th Aug.

ARRIVALS FROM

Shanghai 22nd Aug. Tientsin and Shanghal, 25th Aug. CANTON RIVER LINE

Arrives 2 p.m. 20th Aug. Sally 5 a.m. 22nd Aug. Arrives 9 p.m. 24th Aug. Sails 8 0.m. 26th Aus.

Agents: BLUE FUNNEL LINE

RAILING TO PORT SAID, LIVERPOOL VIA STRAITS

"MENELAUS"

21st August

NEW YORK SERVICE

"AJAX"

New York Ist week Sept. VESSELS DUE

"GLENSTRAE”

30th August

"BELLEROPHON"

Early Sept.

"SAMJACK"

"BENRINNES"

29th August Mid Sept.

"AJAX" ......from New York via Shanghai 25th August

Agents:

AUSTRALIAN - ORIENTAL LINE, LTD.

"YOCHOW"

"TAIPING"

SAILINGS TO

Sydney Melbourne on or about 34th Aug. ..... Sydney on or about 5th Sept. ARRIVALS FROM "TAIPING".. trom Australia via Japan

THE CHINA-MAIL, TUESDAY, AUGUST 20, 1946...

New Production Highs JARDINE, MATHESON & CO., LTD.

In U.S. Industry Credit Tight

New York, Aug. 19. New post-war production records in steel, electric power, motor cars and others featured gener- ally rising prices in business operations last week. Other evidence of huniming production lines and high employment were seen as the nation marked the first anniversary of the end of the Pacific War with higher retail sales, freight carloadings, engineering and construction and soft coal output.

Small U.S. Silver Sales

New York, Aug. 19.

ounces

In London

SHIPPING DEPARTMENT 16 Pedder Street Tel. 00811.

General Managers.

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

London, Aug. 19. S.S. "HANGSANG” The credit situation has again [SS. "LÖKSANG” bech very tight. The shortage of

cash in the week led to calling SS. "EMPIRO PERLIS" by clearing banks and outside banks and alsa found reflection in

a general reluctance to extend S.S. "EMPIRE PENLIS” now money loans and the effect S.S. "TAKSANG" of bill purchases.

The market consequently had S.S! HANGSANG difficulty to find funds with which

The

WOR

to

pay new Treasury bills

3.S. WOSANG

and

The credit

| Steel mill operations excced- 30. ed any figure since July 1945, advancing to 90.3 percent

eventually forced to SS. "EMPIRE FARRAR" of capacity from 89 percent the solve the problem by making sub-S.S. "LOKSANG" sales of short-dated 5.S. "MAUSANG" Instalantial. 82.5 previous week and

maturitles to special buyer. year.

displacement on- Freight carloadings totalled Thursday was very large, owing 899,084 as against 898,395 and to heavy Government disburse 870,717 thousand 'kilowatt

ments in respect of war bond re- hours, the highest since Aug demption on one hand and 5. 1945 and compared with tensive payments on Treasury 45,011 for the previous week. bills by market houses and Trea-

The crude oil output averaged sury deposit receipts by bank ons.S. "SAMSETTE

barrels 4,821,450

daily na the other hand.

net and the against 4,881,400 and 4,934,050 efect of these movenients was an SS. “PROMETHEUS”. S.S. "GLENAFFARIC respectively a week and a year excess of supply over demand.

In spite of the backlog of silver requirements of industrial USCTA, estimated at 125,000,000

the Director for the current year, of the Mint, during hearings on silver legislation, reported that only 3,400 ounces have been wald | ago. by the Treasury Department since the new selling price of 90.5 cents 9713

established several weeks

It is estimated that the Govern ment at present has 100,000,000 The оппеен available for sale. reasim for the Treasury Depart ment's failure to sell any great amount of domestic silver is at tributed to the Government's sell- ing price of 1 cents as compared with the trade's selling price of

80% cents.

but is not

but

al

|

Retail Sales

Soft cual production totalled 12,300,000 tons as against 12,- 246,000 tons a week earlier.

Retail anles for the country were 24 percent to 28 percent higher than in the final week of the war a year ago.

Automobile output totalled 88,560 units, the highest since the last week in July and com- The overall result of this situa-pared with a revised total of tion is that the Treasury Depart 77,250 units the previous week

nilver ment is buying domestic

nad 11,205 a year ago. selling A03 while

Engineering and construction brokers are apparently not buying

warda totalled $129,096,000 as silver

currently

compared with $119,633,000 and for practically accounting sales-mostly with foreign

$49,135,000. Treasury Department attribute this situation to the fact:

inventories that dealers heavy before the enactment of the new silver legislation. While the Ailver Department's Trensory

insignificant, officials anles were have been informed that dealers are satisfying fully their require

ments-Reuter.

Singapore- Indies Trade

The

were

Stocks Inactive

The stock market failed to show signs of awakening from a long slumber. Daily volume below the million kept well share mark and some ground was lost on the week which was marked by labour difficulties at the Stock Exchange for the first time.

CX-

with

SAILINGS

(No Passengers) to Shanghai 20th Aug. (no passengers) to Stralta and Calcutta 20th Aug.

-

(no passenger) to Shanghai 20th Aug. ARRIVALS

from Calcutta & Singapore 24th Aug. from Shanghai via Keelung 26th Aug.

IN PORT

Buoy 36. ....Kowloon Dock Kowloon Wharf 25.

Buoy B4. Bitoy A.12.

Subject to alteration without notice.

All intending Passengers are requested to registor their names as for as possible in advance of the time at which they wish to leave

T

Agents: GLEN LINE LTD.

due from U.K. 23rd Aug. due from U., 7th Sept. dae from U.K. Mid Sept. due from U.K. End Sept.

At the close of the week, how-M.V. "GLENARTNEY" ever. credit again was usable and M.V. "GLENSTRAE" loads for Rotterdam, Antwerp Amsterdam & tight conditions returned. the market finding it necessary again to. neck the assistance of a special buyer.

веск

London about 20th Sept.

Managing Agents:

AUSTRALIA CHINA LINE

S.S. CANON BAR

Applications for 150,000,000 Treasury Bills totalled 207,009- 000, the market receiving about 42 per cent of its applications.

Next week. 150,000,000 will M.V. KAFIRISTAN again be offered and banks are $.3. DEVON naked to provide £150,000,000 again Treasury deposit recepts. SS. PERIOD

Reuter.

British P.T. Eliminated

New York, Aug. 19.

De-

the

110

..due from Sydney 24th Aug. due from Melbourne 2nd Sept. Discharglog B.27

due from Sydney Jrd Sept.

Chinese Freight Agents: CHEONG FAT CO.,

54 Bonham Strand E. Tel: 20037.

Agents: ANGLO - CANADIAN SHIPPING CO., LTD.

8.8. HASTINGS PARK ....... due from VANCOUVER 27th Aug.

According to reports in foreign | S.S. KITSILANO PARK due from Vancouver/Shanghel 12th Sept trade circles, the Treasury partment has ruled that British purchase

tax will longer be considered a part of the dutiable value of goods im- ported from the Waited Kingdom.

PENINSULAR & ORIENTAL STEAM

ahir

"ATREUS"

NAVIGATION COMPANY

Leading importers nsserted that the elimination of the British tax to import computations will save "SAMDARING” millions of dollars to American

"SAMETTRICK" consumers, which will be tron-

"BENALDER" slated into increased purchases.

Ship

"SAMSOARING"

more.

Railroad bonds picked up for a time but lost initiative later.

It has been suggested that im- New financing all but dried up. Stick sales totalled 3,746,660 Darters who have pald duty up to snares as compared with 4,101,-the present will be eligible fur Singapore, Aug. 19.

refunds, totalling $6,000,000 or Netherlands Consul-12 for the previous week and

The inclusion of the purchase General in Singapore today is 3,096,300 shares a year ago.

Bonds. sales were $17,439,000 tax in custom aluation WD8 sued a notice regulating trade

Singapore the 28 compared with $15,696,300 challenged during the war by the AssociatedPitcairn Corporation, importers of Netherlands Indies. The notice and $18,111,700.

china

and earthenware. states that with the exception Press.

Customs court initially ruled that the tax should not be

included and the corporation-was-sub- sequently upheld in other courts

between on or about 3rd Sept.

All The Above Subject To Alteration Without Noties. For Passage-and-Freight-Particulare Apply Ta. The Above.

DOUGLAS STEAMSHIP CO., LTD

S. S. "Haiyang”.

of native produce originating! from Rhio, the archipelago near Singapore, the export of goods

from the Netherlands Indies New

without a permit issued by the Netherlands Indies government, is prohibited.

Patrol vessels of the Nether- lands Indies Government will enforce the control.

Commodore

Of P. & 0.

Southampton, Aug. 19. When the 22,000-ton liner A permit will have to be ob- tained for the export from Strathaird docked here today on

"SAMNEAGE"

From

U.K.

KARACHI

KARACHI & BOMBAY

U.K.

Loads For

Drun

Bad-August

End-August

End-August

Early September

Ready

Mid-September-

Mid-September

U.K. via Straits ACCEPTS CARGO FOR LONDON,

- ANTWERP & ROTTERDAM

BOMBAY

BRITISH INDIA STEAM NAVIGATION CO., LTD.

Passengers and Freight to India

after appeals by the Government, EASTERN & AUSTRALIAN STEAMSHIP CO., LTD, whereuson importers were in- formed that the Government was ready to settle all cases involving importations of British china and earthenware.-Reuter.

Sailing for Swatow & Amoy on 22nd Aug, at-3 p.m. intra of all estate produce, her last voyage as a troopship PRODUCTION DROP

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.

of

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. 24639.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency--Dependability

Refrigeration Special Cargo Oil Tanks-Cargocaire-Specta

98. "IRAQ VICTORY"

'8.9. "SAN MATEO VICTORY"

8.S. GENERAL MEIGS”

·S.S. GENERAL MEIGS"

SAILING

FOR

22nd Aug. San Francisco & Los Angeles,

26th Aug. New York & Boston.. 20th Aug. Manila (passage only) end Aug. Shanghal & San Frán-

cisco.

For Passage and Freight apply to:

AMERICAN PRESIDENT LINES LTD.

Bt. George's Bldg.

-Tol. No. 28172/28175.

including rubber, which, accord- she was flying the flag of thei

ing to Malayan stallaties de- Commodore of the Peninsular EXPECTED

partment gurės, totalled 40,- and Oriental Line.

000 tons in the first six months!

of the year. The notice makes

Cleveland, Aug. 19. Cumulative effects of con- pig iron tinued shortages of and scrap metal are expected to cause a sharp drop in steel production in the near future, despite the fact that steel-mak- ing rato continued to be high summer, the magazine this

steel reported.

Her master, Capt. D. M. the provision that when the pro- Stuart, DSC, had been informed duce is obtained from Indo during the voyage of his ap- commodore in nesian-held ports it will have to pointment. as be taken to certain specified ex-succession to Capt. J. Smith of amination stations, where the the Maloja, who le retiring.

Capt. Stuart has been with of duties will be assessment

the P and O Line for 37 years madu.

According to the notice, the and has commanded the Strat- control is instituted to revent haird since she was taken over exports detrimental to the gen- by the Ministry of War Trans- eral welfare of the country, and port at the beginning of the to prevent the exportation of war. Since then she has car looted property and to ensure ried more than 150,000 troops the payment of export dues. Today the' Strathaird brought are down at least 50 per cent!

2,761 passengers from Bombay from the early summer months. and Naples.-Reuter.

--Associated Press.

Rester.

Washington, Aug. 19. The Agriculture Department announced today wheat planting nerenge goals, designed to pro duce another bumper crop in 1947. The goals total 71,700,- 000 acres compared with 71,- 896,000 a year ago-Associated Press.

NOTICE TO CONSIGNEES HOLDING

P. & O., B. I. & E. & A. BILLS OF LADING

FIRST RUBBER SHIPMENT

Steel production reached 90

SHIP

"NELLORE"

"EASTERN"

SHIP

"NELLORE"

FROM

AUSTRALIAN

PORTS AUSTRALIAN

PORTS.

LOADS FOR

SHANGHAI

For full, particulars apply, to

MACKINNON, MACKENZIE

Telephone Nox. 27/21-4.

MAERSK

DUE

DISCHARGING

EARLY SEPT.

READY.

END AUGUST

CO.

LINE

M.S. TREIN MAERSK”;

por cent of capacity last week, Loading for New York, Atlantie Forts via Los Angeles, Panama the highest rate since July 1945, but shipments from scrap yards

NO MORE WANTED IN INDIA

London, Aug. 19. San Francisco, Aug. 19.

The India Office announced The brst $1,000,000 cargo of today a decision not to proceed raw rubber

of the post-war with the appointment of "War

24th August. (No Passages available)

for Particulars piense apply to:

JEBSEN & CO., Agents

Pedder Building, 7th floor. (Shipping Department Tel. No. 22862)

BEN LINE STEAMERS LIMITED.

SAILINGS TO UK, VIA STRAITS. FREIGHT ONLY.

VESSELS. DUE.

era arrived here yesterday, the Service" candidates to the in- "BENRINNES" loads for UK. Customs- reported. The ship- dian Civil Service, the Indian ment came from Sourabaya and Political Service and the Indian Police under the recruiting plan announced on June 1, 1946.

Machasar,

it

The Reconstruction Finance Corporation's Office of Rubber Supply, which received the contained Mesara. Goddard & Douglas shipment, said

bales of raw rubber,

sociated Press.

THE SWEDISH EAST ASIATIC CO., LTD. will attend at 10 am, on the weighing 200, pouada cach-As changes in India and the con-

Outwards

2M.V. "TRAVANŰGRE”/ "NAGARA"

Homewards.

*BALI”

duo Hongkong 2nd Sept. .duo Hongkong End Bopt

loading 10/20 Aug.

For further particulars, apply to

GILMAN & CO., LTD. (Shipping #Dept.

Phòne 27871).

free storage period to Burvoy damaged cargo, and consignees are requested to have their reprosentativen present. Unless consignees representatives are present at the Survey no claims can thereafter be admitted:

MACKINNON, MACKENZIE - & CO.

Agonta

P: &O. 8, N, Co.

B. I. S. N. Co, Ltd.

› E, 4 A. 8.8, Co, Ltd.

The decision was taken, tho announcement said, "in view of thu pending constitutional

sequent uncertainty as ditions of service."

European candidates the scheme have already been natided of the decision-Anno- clated. Press.

undor

"New York, Aug. 19. The United States has agreed to buy Boliviati tin at 62% cents per pound, the bare rate,

New York, Aug. 19. The Texas Company, excido- and, expects to obtain 18,000 tons this your, a representative ing European subsidiaries, re-

"BENCRUACHAN"

"EMPIRE WITHAM”

and half Sept.

mid. Sept. mid. Sept

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

York Building

Tel. 84168.

“WEEKLY CHINA MAIL?!

Containing

ALL THE LOCAL NEWS OF THE WEEK

From. The

of the Bolivian mine owners an- ported for the six months end-CHINA nounced yesterday. The last od June 30 not profit of $20,- contract provided 58 cents, a! 500,000 or $2.68 a whore com- pound. The highest rate paid pared with 4289 a share the during the war was 68 cents Orst half of 1945.—Associated per pound Associated Press. ~ Prima,

MAIL” & “SUNDAY

ONLY 30 CENTS

ON SALE EVERY THURSDAY

HERALD"