1946-08-29 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

VESSEL

DUE

B.S. PANAY

31st Aug.

M.V. BENGAL

M.V. TRAVANCORE

M.V. DONA NATI

In Port 5 Sept.

27 Sept.

LOADING FOR Manila (Immediato

Discharge) Pacific Coast via Cebu Facific Coast via

Shanghai Pacific/Atlantic Coasta

TEL: 28670

THE DE LA RAMA STEAMSHIP CO. INC.

Poddor Building

BUTTERFIELD & SWIRE

1. CONNAUGHT ROAD CENTRAL Telephones: 30381-8 Private Exchange.

Agents: CHINA NAVIGATION CO., LTD.

"HANYANG" "NEWCHWANG" "KWEIYANG"

"NEWCHWANG" "KWEIYANG"

"ANHUI"

7

"TATSHAN"

"AJAX"

"ATREUS"

SAILINGS TO

Shanghai & Tientsin 4 p.m. 20th Aug. Singapore 4 p.m. 3rd Sept. Swatow & Bangkok 2 pm. 10th Sept. ARRIVALS FROM

Forchow & Swatow 1st Sept. Bangkok, Saigon & Swatow 4th Sept. Singapore 4th Sept.

CANTON RIVER LINE

Salle 8 a.m. 30th Aug. Arrives 1 p.m. 1st Sept.

Agents: BLUE FUNNEL LINE

NEW YORK SERVICE

Sailing

30th Aug.

U. K. SERVICE

"PROMETHEUS“

"GLENSTRAE" "SAMJACK"

"BELLEROPHON"

"BENHINNES"

"EURYBATES"

Sailing

2nd week Sept.

late Sept. Arriving

2nd Sept. 3rd Sept.

Early Sept.

0th Sept.

6th Sept.

Agents:

For

New York

For

Port Said, Liverpool

vla Straits. do

From

UK. vin Straits

-do-

đo

đom

-do--

AUSTRALIAN - ORIENTAL LINE, LTD.

"YOCHOW"

"TAIPING"

"TAIPING"

"YUNNAN***

Salling

27th Aug.

4th Sept

Arriving

For

Sydney & Melbourne

do

From

2nd Sept. Mid Sept.

Australia via Japan Australia

All The Above Subject To Alteration Without Notios. For Passage and Freight Par ticulare Apply To The Above.

DOUGLAS STEAMSHIP CO., LTD

S. S. "Halyang"

Sailing for Swatow & Foochow on 3rd Sept.

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.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency ----Dependability

Refrigeration Special Cargo Oil Tanks--Cargocaire-Specie

S.S. "GENERAL MEIGS"

S.S. PRESIDENT MCKINLEY"

SAILING

FOR

30th Aug. Shanghai & San Fran-

cisco.

4th Sept. San Francisco.

B.S. "LOUIS MCHENRY HOWE" 20th Sept. Singapore, Colombo,

Bombay, Suez, Port Sald, Alexandria, Naples, Leghorn, Genoa, Marsellics, New York & Boston.

Angeles, New York & Boston.

S.S. "HANNIBAL VICTORY" Mid Sept. San Francisco, Loa

For Passage and Freight apply to:-

AMERICAN PRESIDENT LINES LTD.

4. Goorgo's Bldg.

Tel. No. 28172/28175.

THE CHINA MALL, THURSDAY, AUGUST 29, 1948.

Brighter Outlook For JARDINE, MATHESON & CO., LTD.

Exports From America

New York, Aug. 28.

Importing nations which have been unable to buy London Stock

from the United States the automobiles, in- dustrial equipment and other products needed for reconstruction or for replacements, may find shipments from America Increasing in coming months.

American production is rising, strikes are fewer, the production of such basic raw materials as steef and lumber are becoming stabilized.

N.Y. STOCK MARKET

TI

Exchange

SHIPPING DEPARTMENT 10 Podder Street Tl. 30911.

General Managers.

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

SAILINGS

S.S. "TAKSANG" (no passengers) to Singapore & Penang 29th Aug. S.S. "MAUSANG"

to Sandakan 31st Aug. 8.5, "WOSANG"

London, Aug. 27. Both public and professionals were again holding aloof from tho stock market today, mainly owing SS. “ESÀNG" to the overseas political situation, a do- act as a Numerous finall strikes have which continued to act delayel production in some im-terrent to bupiness expansion. 8.8. WOBANG

The only prominent feature 8.8. "EMPIRE FARRAR” portant industries. Examples are was the initial burst in olle which. s.s. "MAUSANG"

was the 54 strikes in works supplying

failed to be maintained. parts to General Motors Corpora- The movement was inspired by

however, མ་

the ¡S.S. TAKSANG that four mainline

tlen, the 25 ptriices in works sup- | announces Foro converting

plying parts to Ford Motor Com- pany, and 17 strikes in works which manufacture parts for Chrysler Corporation.

New York, Aug. 28. Industrials and rails went into another of their most substantial

Despite small strikes and short- nosediven of the year with many leadera tumbling 1 to more than

oges of a few raw materials such * points to 1940 lows before late copper, the American economie support ended the majority of situation is such that Civilian Production Administrator John D. loases.

Bearishness over the foreign Small says the United States is in pleture and the labour situation a position to enjoy "a period of at home received the principal prosperity such as we have never blame for the liquidation.

Casualties Included Hiram This statement was qualified by Walker, Johns Manville, Southern the statement. that industrial

Great Northern.

Jabour harmony would be neces-

shares-among the largest in

known."

y were around 1,800, sary for such prosperity,

recent on:

after

British

a considerable number of locomo- tives from coal to oll burning.

1

to Salgon, Singapore & Penang 9th Sept,

ARRIVALS

from Straits via Salgon 4th Sept. IN PORT

Subject to alteration without motive.

Kowloon Dock

Kowloon Dock

Buoy A.12 Buoy B4.

All intending Passengers are requested to register their names ar far as possibis is advanos of the time at which they wish to trave

Agents: GLEN LINE LTD.

.. arrd. from UK. discharging Mochics Wharf duo from UK, 5th Sept. due from UK. Mid. Sept. due from UK. End-Sept. loads for Rotterdam, Antwerp, Amsterdam and London about 20th Sept

The long term prospects of oil ahares is viewed in some market quarters with enthusiasm and it is reported that brokers who hither to had taken only an academic Interest are now participating S.S. "SAMSETTE” actively

5.S. "PROMETHEUS" very has There

been insufficient SS, "GLENAFFARIC" · busincas

In British funds materinily to altor prices while the MV "GLENARTNEY"

been neglected. foreign bond market has likewise M.V. "GLENSTRAE”

Industrials wero rathor certain in the absence of interest while mining sections attracted only small attention. 96%, Conversion

Consola, 2

2018, 272 per cent 1945/75 Loan, 3% por cent 110-16/16, War Lean, 3%

un-

4

Managing Agents: AUSTRALIA CHINÁ, LINE

M.V. "KAFIRISTAN"

per cent 107, New War Loan, 3 per cent 100%, Victory Bonds, per cent 118%, German Loan, 7 per cent (Dawes) 10%. Japanese Bonds, 5 per cent 1907 20%, Can S.S. "PERIOD“ ton-Kowloon Railway 22 Tientsin Pukow Railway, 5 per cent 24, 5 per Long-Tsing U. Hai Rly, 5 cent 1918 (London Isa) 47. Crisp cent. 1913 21. Reorg, Loan, 5 per 1011 44, per cent,

000 sha

Labour Outlook From Washington, Max Hall, Closing Adams Express 17%, Alaska Associated Press Labour reporter, 04, American Can 98%, Ameri- reports the present calmness la can Smelting 54, American Tele-industrial labour relations pro- plne 1874, American Tobacco bably will continue for several 92, American Waterworks 21, months, at least until Anaconda Copper 42, Aviation the American Congressional elec- Corporation 5, Baldwin Locomotions in early November,

Barnsdali tivo 274, dali 27%, Bendix Aviation #13, Bethlehem

Hail reports there are possibili 105

ties of strikes stopping work in Boeing Aircraft 20, Borden the rubber, maritime and meat Co 1, Canadian Pacific 18%, I. Cane 43, Chrysler 106%, Colgato Industries.

The general outlook, however, Railway, 6 per cent, 1911 504,

Commercial Solvents 24.

has improved Corn Products

as a result of a 26. Henan Railway, 5 07. Dupont de

26.

per cent, Nemours

Eastman Kodak 224 change in the policies of the two 1905 30, Shanghai-Nanking Rail- Electric Light and Ponce 204, largest United States labour or way,

General gunization, the Congress of In- Bank of India, & C. 13-5/16, per cent 27, Mercantila General Electrle 44%,

"A"

244, Char- Good-dustrial Organizations (CIO) and tered Bank of

Steel

Loan,

due from Melbourne 2nd Sept Ioads for Shanghal mld Sept. for Sydney, Melbourne,

and Adelaide early October.

due from Sydney 25th Sept.

Agents: PRINCE Line Ltd. Chinese Freight Agents: CHEONG FAT CO.,

64 Bonham Strand E. Tel: 20037.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

Motors 62. Goodrics Mining 40, the American Federation of La-H.K. & Shangha! Banking Cor- SS. HASTINGS PARĘ ·

03%, Homestake

year International Harvester International Paper 87% -Inter-

bour-Associated Press.

With an

national Tel and Tel 20%, Johns U.S. CAR OUTPUT Manville 106, Kenbecett Copper $24, Montgomery Ward 75, No- tional Distillers 20%, National

Detroit, Aug. 28. Lead 36%, New York Central 2014.

indicated output of 50,000 passenger automobilca this Packard Motors & Pan-American Airways 16% Pennsylvania RR week, the nation's motorcar in- 25. Radio Corporation 12, Real dustry will bring its August pro- Sk 24. Republic

Steal 80%, duction volume to 250,000 unity olds Tabacco 40%, Schenley and assemblica for 1946 to Reynolds

to ap-. 1984 Secony Varnum 1ers Association report indicated Automobile Manufactur- Dil Pacific 65. Standard the maximum volume allowed un- Southern

94. Stars Roebuck 41%%, 'Shell roximately 1,100,000 passenger

Bronds 44, Standard On of Calif 58. Standard Oil of N. 70%. Studebaker 27. Union Bar 33%. Inis Carbide 102 US. Rubber 5. U.S. Stest 83. Westinghonač 20 Vaunestown Shert & Tube 724-Associated Press.

Deficit Less Than Feared

Washington, Aug. 27, Britain's floancial deflcit for

1948 probably will be "consider ably less than the $3,000,000,000 anticipated when she negotiated for a loan from the United States, the Department of Commerce said

................... arrd. from Vancouver-A13 Buoy,

poration no. Lydenburg Scales S.S. RITSILANO PARK" due from Vancouver/Shanghai 13th Sept.,

South Townships

3V3, Sélection Trust 50 South Africa Torbanites 11/3, Canadian Pacific 22%, Mexican Engies 14/6. -Reuter.

New York

Exchanges

New York, Aug. 27.

der Government regulations for American A/C Storling foreign markets-six par cent of 4.03-7/10, 4.03-9/16, American of commercial passenger cars and 22 per cent A/C Stering 3 Months 4.08-7/10, vehicles-belag 4.03-8/16, On Sweden 27.83, 27.85,

S shipped to export trade. Asso- Franco 84, 84%,

24.00, 24.25, Switzerland 24.25, 24.50, stralin 3.23, New

9.20. 4.04b, 4.06a.

ciated Press.

B.O.T. DECISION

London, Aug. 27.

04band 3:25, Zealand South Africa 4,024, India The Board of Trade announces 30.33, China 3,320b, 3,3605, Ar-

British East Africa 20.265, effective today that transship- 30.33,

Argenting ment licences are no longer regentine (Official) 29,78,

24.70, 24.78, Brazil 6.45. quired for undressed hides, skins Lee) olein) 2.00, Boliva and dressed and undressed leather, including scrap and waste.

Peru

Don't Miss

"MELODY PARADE".

AT THE

STAR THEATRE

EXPO 00.

100,

(Free) 2.38, Chile

Chile (Oficial) 6.10, 3.25, The concesion lo subject to

Chile (Free)

Chila 4.00, Colombia 56.98, Cuba such security regulations for re- Ecuador 7.00n, Guatemala exportation of goods as may be Holland 37.78, Mexico 20.00, 20.03. imposed by custome and exclse Porn 15,50n, Uruguay 50.00b, commissioners-Reutor.

Venezucia 29.90, Netherland West Indies 13.05, Dutch Guiana 53.35, Mon- Montreal on London 4.02, Dr. Amos Taylor, head of the

treal on New York 07,250, Swiss 28.00, .30.00, Department's Business and Econ-

Whant and Corn held about Bank Notes,rate omics Office, said that this "sbows steady but buts sarged toward the Belgian Franc 2.28%, 2.28%,-~|

today.

the boale recuperative powers of British economy without which a revitlog work

world trade would not bo

Britain will be able to reduce

the estimated defleit, he said, “by

WHEAT PRICES

Chicago, Aug. 28.

close of the grain market under commission house selling.,

Wheat finishei 4th lower to 4th higher, January $1.07%; March $1.93% May $1.02

Corn was 1 to 4 cents higher; restricting domestic consumption, onts to lower. Barley

limiting

imports and reserving a higher, November $1,39%-A- large part of

tion for exer domestic produc-sociated Press,

Dr. Taylor said that the Ameri- can loan to Britain touched off a series of Important international

N.Y. COTTON ·

Teuter.

Exchanges In London

London, Aug. 27.

On New York 4.026, 4.035, Mon- treal 4.02, 4.04, Zurich 17,34, 17.30, Stockholms 14.47, 14.50, Buenos Aires unquoted,

Brazil 75.4416, Brazil (sollers) unquoted. Belgium Uruguay unquoted, 167.50, Parls & French Empire 479.50. 480.30, Syria 881, 886, Lisbon 99.80, 100.20, Swiss Bank Notes Middle 17.25, 17.50, Nether- Oct. 35,76-70, Dec. 35.75-77,landa West Indies 7.69, Holland Den- March 35.66, May 35.28, July 10.63, Panamin 4.02, 4.04,

New York, Aug. 23, developments that point toward Cotton fatures moved lower in lower tariffs and froer multilateral quiet trading with rallying ten- trade among nations.-Associated deneles checked by persistent

hedge selling against the move ment of the new crop.

Futures closed $1.05 to $1.05 a bale lower.

Prean.

S'HAI EXCHANGE

ON

FRIDAY, 30th. AUGUST, -

at 7.30 p.m.

IN AID OF

SERVICE CHARITIES

(Space kindly donated by

Messrs. Mackinnon, Mackenzie & Co.)

MAERSK

LINE

M.S. "TREIN MAERSK”

Sailing on 28th August.

Monday's Today's 84.68, Oct. 12.25, Middling spot mark 19.32, 19.36. Prague 201, Loading for New York. Atlantis Forts via Los Angeles, Paname

Closing Opening 86.59 nominal.Associated Press, 202, Norway 19.98, 20.02-Router,

Shanghai, Aug. 28..

11.9. Dollars Buying Selling Buying

3,300.

0,340

Hongkong Notes

Selline

3,410

*3,860

745

710

765

720

Bus

210,000 208,000

218,500 · 200,000

Buying Selling Sterling Uneficial

Buying Bolling

· 12,600-

11,800

11,800

12,600

11,000

Selling

THE SWEDISH EAST ASIATIC CO., LTD. Sterling Bank

'Outwards

M.V. “TRAVANCORE”

M.V. "NAGARA”:

Homewards.

M.V. "MINDORO” ·

· MY., “NAGARA”.

đua Hongiong 3th Soph

due Hongkong early Oct

ン

loading 2nd halt ove

... loading 1st half Oct.

Loading for Port Bald, Marsellies, Antwerp, Rotterdam,

Copenhagan, Oslo & Gothenburg, For further particulare, apply to:- GILMAN & CO., LTD.

(Shipping Dept.

Phone 7871).

12,200 12,400 12,100

Beuior.

Washington, Aug. 27. The position of the United States Treasury on Aug. 22. com- pared with the corresponding data Wasze tatal pubile debt 6,000 nd208, 240,380,000 gold gueta 120,274 - 001,000 3 820,088,289,000A soolated Press.

TAK CHEONG SHIPPING CO.

s.s. “MAIWARA”. ' Loading on September 4th for

HAIPHONG via MACAO

58. "EDNA" Loading on August 29th for FORMOSA via SWATOW

For Freight and Particulars please apply 'to:- -TAK CHEONG SHIPPING CO., 20, Des Voeux Road 04 81 Mibor,

Tel 26180

25th August. (No Passages avaliablo)

for Farticulars please apply to:-

JEBBEN & CO., Agents

Pedder Building, 7th floor: (Shipping Department Tel No. 22869)

BEN LINE STEAMERS LIMITED.

SAILINGS TO UK. VIA STRAITS. FREIGHT ONLY. “HENRINNEJ" loads for UK. .............

“BENGRUACHAN" - "EMPIRE WENHAM”.

VESSELS DUE

For particulars apply tolm

second half Sept

mid. Begt. 1st Sept.

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

York Building

STÓŁ BALOKU