1946-09-05 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS VESSEL

DUE

3.S. PANAY

M.V. TRAVANCORE

M.V. DONA NATI

In port

5. Sept.

27 Sept.

LOADING FOR

Manila (Immediate

Dischargo) Pacific Conut via

Shanghai Pacific/Atlantic Coasts

THE DE LA RAMA STEAMSHIP CO. INC.

Fodder Buliding

TEL: 28676

BUTTERFIELD & 3WIRE

1. CONNAUGHT ROAD CENTRAL Telephones: 80331-8 Private Exchange,

Agents: CHINA NAVIGATION CO., LTD.

"NEWCHWANG”

"PAKHOL"

"FENGTIEN”

“KWEIYANG"

"ANHUI""

"TSINAN"

"PAKHOI"

"KWEIYANG"

"FENG'TIEN”

“ANHUI”

"FOOCHOW"

"TSINAN"

"NANCHANG"

"TATSHAN”

"ATREUS"

SAILINGS TO

Singapore 4 pm. 6th Sept. (No Passangers) Shanghai 4 p.m. 10th Sept. Singapore & Penang 2 p.m. 11th Sept. Swatow & Bangkok 2 p.m. 12th Sept. Amay & Swatow 7 a.m. 12th Sept. Shanghai 2 p.m. 14th Sept.

ARRIVALS FROM

Tientsin & Tsingtao 7th Sept. Bangkok, Saigon & Swatow 7th Sept.

Shanghai 7th Sept. Amoy & Swatow 7th Sept. Singapore 8th Sept. Shanghai 11th Sept. Singapore & Salgon 11th Sept.

CANTON-RIVER LINE

THE CHINA MAIL, THURSDAY, SEPTEMBER 6, 1940.

Bid To Stabilise World's Currencies

Washington, Sept. 4..

A world-wide attack on fluctuating currencies Weakness of

will begin within the next few weeks with a

call by the International Monetary Fund to

its 39 member Governments, it is disclosed Chinese Bonds

here.

Camille Gutt, the Belgian financier who directs the $8,000,000,000 Furid, said he will send let- ters "sometime in September" to all countries requesting information needed to establish par values for their currencies.

Each nation would be given (90 days to confer with Fund of

ficials in order to have their pre- sent rates confirmed or new ones established. The deadline can be extended for former enemy-oc- cupied countries like China, Po- land, Yugoslavia, Cechoslovakia

N.Y. STOCKS

NOSEDIVE

Now York, Sept. d. and others expected to need more The New York stock market, lime.

after

a spectacular drop last week, All negotiations involving cur-nose-dived again yesterday with rency changes will be carried out leading Isaves dropping one to five in strictest secrecy, Gutt said, to

dollara

are a share. The high speed ticker-tape fell

London. Bebt. 8.

JARDINE, MATHESON & CO., LTD.

SHIPPING DEPARTMENT 16 Pedder Street.

Tel. 80811.

Ganarak Managert.

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

"The Statist" comments on the ss. "WINGSANG"

| S.S. "WOSANG" recent weakness in Chinese bonds on the London Stock Exchange. following the pessimistic state- ment by General Marshal regard SS, "WINGSANG"

S.S. "EMPIRE PERLIS" ing the settlement of Chinese in- ternal problems In a peaceful

8.8. WOSANG

This development, it says, came 5.5, "EMPIRE FARRAR”

as a disappointment to those who

ས

had been tentatively advancing 5.S. "EBANG"

SAILINGS

to Saigon, Singapore & Penang 9th Sept. to Shanghai 10th Sept. ARRIVALS

IN PORT

from Shanghai 6th Sept. from Shanghai 10th Sept.

Kowloon Deck

.... Kowloon Dock Kowloon Wharf 55,

the opinion that China bonds are S.S. "EMPIRE WITHAM” !, (Ben Line Berth) Kowloon Whari 5N.

"bumping along the bottom," hav-

ing fallen for enough to discount

the likelihood of any further In- ternal trouble.

Bubject to alteration without motion.

Boxer" Loan has fallen three All intruding Passmores are requested to register their somas Da points to 68 compared with 803⁄41⁄21⁄2 | far as possible in advanos of the time of which they wish to leave earlier this year.

Declines of this order are com- mon throughout the list, but with the confused politico-economie

Agents: GLEN LINE LTD. guard against the possiblility of behind actual floor transuction as altuation, which currently obtains [S.S. "PROMETHEUS" advance information leaking to liquidation pressure became pro- in China. it would be a bold pro-|S.S. "GLENAFFARIC”

phet who would venture to predict M.V. "GLENARTNEY”. any sustained recovery in the near M.V. GLENSTRAE future-Reuter.

speculators. With the rate-setting phase past,

Fund tho rettle

down to

between countries.

con

nounced.

Now lows for the past year were its a widespread among steels, motor, pointed task of helping world rails and industrials. trade by maintaining order-

The blame for the resamption ly foreign exchange relationships of the decline after the three-day Labour holiday was placed by brokers partly on the idea that the business peak may not be far dis- tant and that the reaction of the past three months was possibly in anticipation of this development.

Closing quotations: Adama Express 16%, Alaska Juneau 6%, Amorican American Smelting 40. American

Over

Member Governments needing help to meet deficits in current International transactions can then borrow foreign currencies, from the Arrives 2.30 p.m. 5th Sept.ke American dollars,

tido them Fund pool to. Sall 4 a.m. 7th Sept.

periods when they are temporari- Arrives 2.30 p.m. 9th Sept.

ly shart. Salla 7 a.m. 11th Sept.

Hence, Gutt belleves, countries will avoid the old practice of de- valuating or inflating

whenever they of their currency are in precarious. financial situs- tions.

Agents: BLUE FUNNEL LINE

U, K. SERVICE

Sailing

10th Sept.

"PROMETHEUS"

"BELLEROPHON" "BENRINNES" "EURYBATES" *SAMOA" "SAMAFFRIC"

late Sept. Arriving

1st week Sept. 2nd week Sept. 9th Sept. 3rd week Sept. 3rd week Sept.

Agents:

For

P

Port Said,

Liverpool

via Straits.

www.do

From

UK. via Strafts

-do-

do--

-do-

AUSTRALIAN - ORIENTAL LINE, LTD.

"TAIPING"

"YUNNAN"

Salling.

7th Sept.

Arriving

Mid Sept.

For

Sydney & Melbourne

From

Australia

At The Above Subject To Alteration Without Notioo. For Passage and Freight Particulare Apply To The Abous.

DOUGLAS STEAMSHIP CO., LTD

S. S. "Halyang"

Sailing for Swatow & Foochow on or about 6th Sept.

Subject to alteration without Notics.

For Particulars of Freight & Passage. Please apply to jalm

DOUGLAS LAPRAIK & CO.

General Managers.

P. & Q. Building, 5th floor. Tel. 23755.

Or

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

TAK CHEONG SHIPPING CO.

S.S. "MAIWARA”

Loading on September 7th for HAIPHONG via MACAO Sailing on September 9th.

For Freight and Particulars please apply to:-

TAK CHEONG SHIPPING CO.,

20, Des Voeux Road C., 3rd Floor,

Tel. 25125

THE SWEDISH EAST ASIATIC CO., LTD.

K.V. “TRAVANCORE"

M.V. “NAGARA”

MV. “MINDORO”

M.V. "NAGABA”

Outwards

Homewards.

duo Hongkong 6th Sept. duo Hongkong early Oct.

{

*****p**, loading 2nd half Oct. ** loading 1st half Oct.. Loading for Port Said, Marseilles, Antwerp, Rotterdam,

Copenhagen, Oslo & Gothenburg. For further particulars, apply to:

GILMAN & CO., LTD. (Shipping Dept.

Phone 27871).

104

Goodyear

302, Goodrich. 71%, Homestako Mining 38,

Inter- BG, Inter Harvester national national Paper 42% International Tal & Tel 20, Johns Manville

Copper 44% 1284, Kennocott Montgomery Ward 10, National

duo from UK. 8th Sept. duo from UK. 7th Oct. due from U.K. 19th Sept. loads for Rotterdam, Antwerp, Amsterdam and London about 27th Sept.

Managing Agents: AUSTRALIA CHINA LINE

Distillers 21, National Lead 20%, M.V. "KAFIRISTAN" arrd. from Melbourne discharging Buoy AÐ

New York Central 18, Packard Motors 7, Pan-American Airway

Pennsylvania RR 30%, Radio 5.9. "PERIOD"

Can D3, 19tion 2 Reynolds

То

the value by Phono 170%. American

85, American Waterworks Anaconda Copper 86%, Aviation Corporation 7, Baldwin Leromotive 244, Barnsdall Bendix et tih, del se Steel 100%, Borden

While he hopes Russle will join the Fund and the International

Bank by the December 31 dead-fic 15, J. I. Case 39%,

Real Silk Ro- To-

public Steel bacca 382

Schenley 76, Sears Roebuck Sacony Vacuum 15%, Souther

37%, Shell Oil 92,

Pacific

Standard Brands 30%, Standard Stoll of Calif 3,

** Standard Oll of NJ. 70%, Stude 24%, Union Bag 28, Union Pael-

Steel - 77, Westinghouse 27% Youngstown Sheet & Tube 66%.

line, Gutt added: "If she does not, 97%. Colgate 63% / Carbida 98, U.9. Rubber 61, U.S.

It will not make any great dif- ference."--Associated Press.

U.S. Wants More Silk

Solvents 20%, Corn Products

84%, Dupont de Nemours 180. Dow Jones averages: Stocks Eastman

loads for Shanghal mid Sept. and for Sydney, Melbourne, Adelaide early October.

due from Sydney 25th Sept.

Agents: PRINCE LINE LTD. Chinese Freight Agents: CHEONG FAT CO., 54 Bohlam Strand E. Tel: 20087..

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

Kodak 220, Electric 65.25, 20 Industriale 78.68, 16 SS, HASTINGS PARK .. Light Power 10, General Elec- Rails 62.01, 10 Utilities 80.38.-S.S. KITSILANO PARK" tric 40, General Motors 56%, Associated Press,

AMERICAN PRESIDENT LINES LTD.

Speed Frequency-Dependability Refrigeration Special Cargo Oli Tanks Cargocaire---Specie

SAILING FOR

New York, Sept. 4. Supplies of

S.S. "GENERAL W. H. GORDON" 6th Sept. San Francisco. raw silk in the SS. "HANNIBAL VICTORY"

7th Sept United States are increasing but aro still less than one third of de- mand.

Discussing the silk market, the SS. "PRESIDENT FOLK” International Statistics Bureau

said. "This country could absorb

A minimum of 150,000 bales per year even at $8 to $7 per pound, despite the record output of rayon, wool and cotton.

+

San Francisco, L09 Angeles, New York & Boston. 18th Sept. Ma nila, Singapore, Colombo, Penang, Bombay, Suez, Port Said, Alexandria, Naples, Gerion, Mar- scilles, New York & Boston.

"For the country to absorb in S.S. "LOUIS MCHENRY HOWE” 20th Sept. Singapore, Colombo, excess of 150,000 bales per year, prices would have to declino."

Prices of Japanese, Chinese and Italian raw silk have continued to decline. The basic grades are now priced at $7 to $8 per pound, compared with $8 to $9 per pound during July, according to silk traders.

total supplies in the United at 45,000 bates. or 10,000 bales more than during August 1845. This is roughly one third of the estimated demand.

we are estimated

Slik trade gources estimato con- sumption at present amounts ta 7,000 bales per month, compared with a prowar consumption of 36,000 bales monthly-Associated Press.

| SHANGHAI UNOFFICIAL

RATES

U.S. Dollars,

Buying ... U.S. Dollars, Selling.

Shanghal Sept. 4.

Morning Morning

Bombay, Suez, Part Sald, Alexandria, Leghorn, Marsellies, New York & Boston.

Naples, Genos,

For Passage and Freight apply to:-

AMERICAN PRESIDENT LINES LTD.

at. George's Bldg.

Tal No. 28172/28175.

The East Asiatic Co., Ltd

of Copenhagen

Homewards

M.S. "MANCHURIA”

loading here about 11th September

for

PORT SAID, Antwerp, Rotterdam, COPENHAGEN:

OSLO & GOTHENBURG.

For further particularsupply.to: THE EAST ASIATIC CO.,

Opening Closing

.$ 3,300 3,300

700

3,320 3,310

010

710

Queen's Bldg., 2nd floor.

205,000 205,000

205,500 205,000

Hong Kong Notes

Buying... 095 Hong Kong Notes

Selling Gold Bars, Buying

Gold Bars,

Selling.......

Sterling Bank's

Buying... 11,200 11,200

Sterling Bank's

Selling

11,800 11,800 Sterling Unofficial.

Buying... 11,200 11,200 Sterling Unofficial

Selling

11,400 11,400

--Router.

TEXTILES

Now York, Sept. 4. The cotton textile market ra mained dulos as selling houses con- 'tinued to fleure new selling pricos for September

It is generally anticipated, that substantial yardage will befzai leased, though some mills in

વાત that they will walk for the,

move artan teottom-report Beycomber for the indication of

future trend of raw editan sloth--/-

LTD..

Tel. 34111 & 34112.

·IVARAN LINES FAR EASTERN SERVICE

M.V. "REINHOLT"

Expected to arrive September 7th from NEW YORK via PORTS,

Loading for NEW YORK about 10th September.

For freight and particulare apply to:--

WALLEM & CO.

Hongkong & Shanghai Bank Building

Tels:-34177—9

The HO HONG STEAMSHIP Co. (1932) Ltd.

S.S. "HONG KHENG!

Salling to Amoy & Swatow 12th September Loading for Singapore and Penang 17th September Subject to alteration without notic

For Passago, and Freight particulars apply

THỂ HỌ HONG CÓ (CHINA) LID,

Tuk 26127 à 25848”

atrd. from Vancouver-Discharging E2. due from Vancouver 12th Sept.

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

Ship'

"ATREUS" "SAMETTRICK”. "BENALDER” -. "TREVETHOE" "GLENIFFER"

Ship"

"SAMSOARING"

{

Due Discharging

From

U. K.

KARACHI & BOMBAY,

U.K. U.K.

17th September. Early September

'U.K

Loads For

U.K. via Straits

October October

Ready

Mid-September

Accepts cargo for LONDON, ANTWERP & ROTTERDAM "SAMNEAGE" SINGAPORE & BOMBAY

Cargo accepted on through Bill/Lading for Karachi and Persian Gulf ports.

Loading

BRITISH INDIA STEAM NAVIGATION CO., LTD.

Passengers and Freight to India

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

SHIP

"EASTERN"

SHIP

"NELLORE" "EASTERN"

FROM

Australian Ports LOADS FOR

SYDNEY.

SHANGHAI

Passengers & Freight

For full particulare apply to

DUE

Discharging READY

16th September

7th September

MACKINNON, MACKENZIE & CO.

Telephone Nos, 27721-4,

MAERSK

LINE

MS. “MARCHEN MAERSK”

Loading for Los Angeles, Panama, Baltimore, Philadelphia, Boston

and Now York

mid September.

for Particulars please apply to ---

JEBSEN & CO., Agents

Fedder Bulding, 7th floor,

(Shipping Department Tal No. 22809)

BEN LINE STEAMERS LIMITED.

`SAILINGS TO UÌK, VIA STRAITS.

8.8. “DENLOMOND" |B.5. "BENCHYACHAN"

5.6. “DENRINNES 3.8..."BENALDEN” 98. "BENLOMOND'

FREIGHT ONLY. VESSELS DUE ‘-

LEY

LOADING

Late September.

Late September.

ading for London Mid-Sept. *pp- Bad half- Sept.

Bad halt Sept.

(CHINA), LTD.