1946-09-18 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LINER' SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS M.V. DONA NATI

Loads For

New York, Boston, Philadelphia

And Baltimore

via Honolulu, Los Angeles and Panama

3rd October

THE DE LA RAMA STEAMSHIP CO, INC.

Peder Building TEL: 23676

Chinese Shipping Office Tel. 20158

BUTTERFIELD & SWIRE

1, CONNAUGHT ROAD CENTRAL Telephones: 80881-8 Private Exchange.

Agents: CHINA NAVIGATION CO., LTD.

"FOOCHOW" "NANCHANG"

"NINGHAI"

“HANYANG"

"TATSHAN”

SAILINGS TO

Shanghal 2 p.m. 18th Sept. (No Passengers) Swatow, Shanghai & Tien- sin 2 p.m. 19th Sept. Singapore & Penang 4 p.m. 20th Sept. ARRIVALS FROM

Tientsin & Swatow 22nd Sept.

CANTON RIVER LINE

Salls noon 10th Sept. Arrives 2,30 p.m. 21st Sept. Sails 7 n.. 23rd Sept. Arrives 5.33 p.m. 25th Sept.

Agents: BLUE FUNNEL LINE

UK. SERVICE Salling

"PROMOETHEUS"

11th Ort.

"BENRINNES"

"THESEUS" "SAMOA"

For

Port Said. Liverpool via Straita,

From

Arriving

10th Sept.

UK via Straits

27th Sept.

28th Sept.

do-

"SAMAFFRIC"

Early Oct.

-do-

"ANTILOCHUS"

Mid. Oct.

-do-

NEW YORK SERVICE

Arriving

From

"GLAUCUS"

3rd week Oct.

New Yoric

Agents:

AUSTRALIAN - ORIENTAL LINE, LTD.

"YUNNAN"

Salling

For

3rd week Sept.

Sydney and Melbourne.

All The Above Subject To Alteration Without Notios. For Passage and Freight Far ticulars Apply To The Above.

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Halyang”

Sailing for Swatow & Amoy on or about 23rd Sept.

Subject to alteration without Notice.

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

DOUGLAS LAPRAIK & CO.

General Managers.

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

or

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. 24639.

THE CHINA MAIL, WEDNESDAY, SEPTEMBER 18, 1946.

Sterling-Dollar Rate To Stay

London Stock Exchange

ing

London, S.pt. 16.

106,

War

JARDINE, MATHESON & CO., LTD

SHIPPING DEPARTMENT

16 Pedder Street

General Managers.

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

London, Sept. 16.

Cousols, 2 per cent 1946/75 Britain's Chancellor of the Exchequer, Mr. Hugh

07-11/10, Conversion Loan, 311⁄2 Dalton, today confirmed that the sterling ex- per cent 111%, War Loan, 3

per cent 107-0/10, New change rate which Britain will "communicate”

Loan, 3 per cent 105%, Saving to the Bretton Woods International Monetary

Bonds 8 1985.66

Sov→ Bonds 3%

106%, 1060.70 Fund will be the present exchange rate; that

Saving Bonds 3 1965.76 1074,

S.S. "HINSANG" he sees no reason to contemplate any change

Victory Bonds, 4 per cont 110%, in the sterling-dollar rate: that Britain does

German Loan, 7 per cent (Dawes).

Bonds, G

(5.5. “KWAISANG" not intend to apply for a loan from the Bret-10%, Japaneso cent 1907 19,

Canton-Kowloon S.S. "WINGSANG" ton Woods World Bank and that he knows of

23, Tientsin Pukow, Rail- Ralway no misunderstanding between Britain and the

way, G per cont 20, Lung-Taing United States as regards Britain's obligations under the Anglo-American loan agreement, particularly in regard to Britain's forthcoming negotiations for settlements of sterling balances held by India, Egypt and other coun- tries.

The Chancellor was discuss- ing his Imminent departure for North America. primarily to attend the first meeting of the Boards of Governors Df the Bretton Woods World Bank and the Internatinal Monetary Fund.

On the exchange rates, the London view is that this is no

N.Y. STOCK MARKET

Closing tions:

Adamis

SAILINGS

(No Passengers) to Labuûn & Sandokan 22nd Sept.

to Salgon, Singapora & Penang 24th Sept. to Shanghal 27th Sept.

ARRIVALS

U. Hai Rly, 6 per cent, 1013 28. S.S. "KWAISANG".. from Tientsin, "Tsingtas & Kechung 19th Sept.

cent 1913 Reorg Logh, 56 per

IN PORT (London Iss) 60, Crisp Loan, 5

per cent, 1011 47, Hukuang Rai 8.8. "EMPIRE FARRAR”

1911 28, Honnn 8.5. "ERANG" way, 5 per cont, Railway, 5 per cent, 1005 32% 5.5. "EMPIRE WITHAM"

Shanghai-Nanking Railway, S.S. "HINSANG"

per cent 28, Mercantile Bank of India, "A" 23%, Chartered Bank

Shanghaf Banking

H.K.

Kowloon Dock Kowloon Dock

(Ben Line Berth) Kowloon Dock, Kowloon Dock,

Subject te alteration without motion,

of I. A. & C. 14 r All intending Passengers are requested to register their, namiej: as

85, Lydenburg Estates

South Africa Townships 28/10, far as possible in advance of the time at which they wish to lea

Selection Trust 40/10, South Africa Torbanites 12, Canadian Pacific 20, Mexican Eagles 14/1.

New York, Sept. 10.

market quota-Reuter. stock

Agents: GLEN LINE LTD.

ĮM.V, "GLENARTNEY”

time to contemplate changes, Juneau 6%, American Felephone DEPARTMENT BUYING SS. "GLENAFFARIC"

15, Alaska Express

177, American Tobacco 80, American Waterworks 18% STOPS

In all other cases wherevertive the present exchange rate ca be regarded as anywhere near equilibrium with the dollar, Londen feels that making changes would do more harm than good.

Too Quick

The

Principal cash paying countria who will do their own buying are the United Kingdom, Belgium, Netherlands, India and Nother- lands East Indles.

}

Arrd. from UK. Holts Wharf.

... due from UK. 27th Sept. Loads for Rotterdam, Antwerp, Amsterdam & London ith Oct.

Managing Agents: AUSTRALIA CHINA LINE

Loads

for Sydney, Melbourne, Adelaide enrly October.

... due from Sydney 30th Sept,

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

not merely for sterling but for almost all currencies except where there is clear evidence Anaconda Copper

Aviatio Corporation 8,

Washington, Sept. 10. of gruas maladjustment.

Locomo- Baldwin 23

Agriculture Department Barnsdall 23%, Bendix

Steel has notified eash-paying govern- Aviation 37, Bethlehem 94%, Boring Aircraft 25, Borden ment or meat products, exclusivo monts that it will bug, no more Co. 47, Canadian Pacific 14%, Chryser 10%, Colgate 60, Com- of lard, for them after Sept. 30.

Department buying honceforth M.V. "KAFIRISTAN" mercial Solvents 23%, Corn P10- acis G24, Dupont De Nemours will be given over to the needs 179,

Eastman Kodak 216, Electrie of military services, other Gov-SS. "PERIOD" Light and Power 17%, General ernment agencies and UNRRA. Electric 30%, General Motors 60%,

GO Goodyear It is no secret that respon-Goodrich 72%, sible London quarters feel that Homestake Mining 361⁄2, Inter- Harvester 84, Inter some countries, notably Sweden, national altered which recently

their national Paper 43, International

has already The Department currencies, acted too precipi- Tel & Tel 19%, Johns Manville

123

Kennecott Cupper 40, stepped out as

as a buying agent for tately and may later have cause for regret, though naturally the Montgomery Ward 71%, National flour, other wheat products, onts. grain, sorghum, cotton, tobacco. Chancellor

of the Exchequer Distillers 24, National Lend 30%,

New York Central 17/1 kard fruits, vegetables and augar, ex- himself does not talk for pub-Motors 734, Pan-American Ai- cept for the Philippine Govern lication on such points.

ways 16%, Pennsylvania, RR 32, ment.-Associated Press. Borrowing from the World Radio Corporation 17%, Iteal Silk Bank is designed primarily for 21%, Republic Steol 202 Rey- LONDON DISCOUNT rehabilitating countries which nolds Tobacco 38%, Schenley 70.

Shell O suffered enemy occupation and Sears Roebuck 30%. for developing backward coun-13, Socony Vacuum 14k, South- ern Pacific 484, Standard Brands! trica.

3914, Standard Oil of Calif. Standard Oil of N.J. 68%, Stude haker 23%, Union Bag 28%, Union arbie 80%. U.S. Rubber 60, U.S. Steel 72%, Westinghouse 20%, Youngstown Sheet & Tubo

dollar

Since the United States and Canurilan loans cover Britain's London requirements, feels that these other countries have a stronger claim on the World Bank's facilities and for this and other reasons, Britain herself does not intend to apply for any of them. Britain's own

contributions Bank and to both the World

Fund International Monetary will be paid on or before the due dates.

July Deadline

The agreement with Argen- tina is regarded as a good with Augury for settlements other holders of sterling balan-

ccs.

govern-

66.-Associated Press.

Packard

BOMBAY SILVER & GOLD

Bombay, Sept. 10.

Rupees Annas 163 14 por 100 tolas

14 100

per 100 talas

Silver, Ready

Silver, Forward

Gold Delivery

97

14

per tola

Gold Forward

Sovereigns

96

06

per tola 08 08

Ench

per

Alexandria, Sept. 16.

Ang

ounce

Reuter.

As was already known, nego- tiutions with India cannot start until the new Nehru

Gold,. ment gets into its stride.

Similar

Piastres.-Reuter. negotiations with Australia and New Zealand will wait until after their respective forthcoming genoral elections and sterling balances do not figure in the present Anglo- Egyptian treaty negotiations.

But the Chancellor of the

RATES

London, Sept. 18. Day to Day Loan 1⁄2 per cent, Short Money to 1, Bank Bille, 3 Months 17/32, Bank Bills,

Fine Trade Months 3/16 to

to 1%, Fine Bils, 3 Months Trade Bills, 6 Months 2 to 24 Treasury Bills, 2 Months

1/2 to 17/32. Treasury Bills, 3 Months 1 to 17/32-Reuter..

TREASURY POSITION

Washington, Sept. 17. The position of the United States Treasury on September 12 compared with the corresponding date a year ago:

Total public debt $265,700,371,- 000 and $263,178,288,000.

Gold assets $20,202,910,000 and $20,005,980,000.—A s s ociated

Press

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

5.S. "KITSILANO PARK"

..Arrd, from Vancouver Buoy E2.

PENINSULAR &ORIENTAL STEAM

NAVIGATION COMPANY

October

Bhip

"BENALDER" "HICKORY STREAM" "TREVETHOE" "GLENIFFER". "EMPIRE RAJA" "TREVAYLOR"

From

Dur

U.1..

End September

U.K.

Early October

U.K.

U.K.

U.K.

U. K.

Ship

Loads For

U.K. via Straits

-

"SAMSOARING"

October

October

November

Ready

23rd September

Accepts cargo for LONDON, ANTWERP & ROTTERDAM

BRITISH INDIA STEAM NAVIGATION CO., LTD.

REUTER U.K. INDEX

SHIP London, Sept. 10. Industrials 149.1, Kars 108.7, OBRA

Commodity SHIP 02.6, 171 Home Rolls

284.1.-Reuter.

OBRA

AMERICAN PRESIDENT LINES LTD.

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

SAILING FOR

Exchequer evidently hopes that S.S. "LOUIS MCHENRY HOWE" 19th Sept. Singapore, Bambay,

in all cases, mutually satisfac-

tory settlements can and will

be reached by the deadline of next July laid down Anglo-American

ment-Reuter.

loan

in the agrce-

9.5. "PRESIDENT POLK”

New York

The HO HONG STEAMSHIP Co. (1932) Ltd. Exchanges

S.S. "HONG KHENG”

LOADING

21st September

SAILING

23rd September

FOR SINGAPORE AND RANGOON

For Passage and Freight particulars apply:

THE HO HONG CO. (CHINA) LTD.,

48a, Bonham Strand W.,

Tel. 20127 & 25646 Subject to alteration without notice

"WEEKLY CHINA MAIL"

Containing

ALL THE LOCAL NEWS OF THE WEEK

From The

“CHINA MAIL" & "SUNDAY HERALD"

ONLY 30 CENTS

"ON SALE: EVERY: THURSDAY

3

S.S. "MARINE FLIER"

Buer, Port Said, Alex- andria, Leghorn, Genon, New York and Boston. 20th Sept. Manila, Singapore,

Penang, Colombo, Bom

Suez, Port Said,

. Na

Genon, Mar New York and

Boston. 21st Sept. Manila, Singapore, Po-

nang, Colombo, Bom bay, Suez, Port Sald, Alexandria, Naples, Leghorn, Genoa, Mar- seilles, New York and Boston. 22nd Sept. San Francisco and Los

Angeles.

Brd Oct. New York and Boston. For Passage and Freight apply to:- AMERICAN PRESIDENT LINES LTD. 81. George's Bldg.

Tel. No. 28172/28175.

The East Asiatic Co., Ltd

New York, Sept. 10. American A/C Sterling

American 4.034; 4.03,

A/C S.S, "HAMILTON VICTORY" Sterling Montha 4.03-5/16, 4.03-9416, On Sweden 27.82, 27.86, 9.9. “NONPAREIL"

(ન. France 64, 84, Switzerland cial) 24.00.

24.25

Switzerland (Free) 24.05 offered, Spain 9.20, Portugal 4.04b, 4.085, Australia 3.29. New Zealand 125, South Africa 4.02, British East Africa 20.25, India 80.29, China 3,320b, 3,180, Argentine (Omelal) 20.78, Argentino (Fren) 24.80 offered, Brazil 5.45, Bolivia (Oficial) 2.00, Bolivia (Free) 2.88, Chile (om. cial) 6.10, Chile (Free) 3.25, Chile (Export) 4.00, Colombla 56.99, Cuba 100, Ecuador 7.600, Guatemala 100, Holland. 87.79, Mexico 20.60, 20,08, Peru 15.50, 58.00b, Venezuela 29.90, West Indice. 68.05, herlande Dutch Guiana 53.85, Montreal on London 4.02, Montreal on New PORT SAID, ANTWERP, ROTTERDAM, AARHUS, COPEN- York. 98.250, Swiss Bank Notes HAGEN OSLO & GOTHENBURG rate 28.00, 80.00, Belgian Franc 3.28, 2.28-Reuter.

LONDON SILVER

& GOLD

London, Sept 16. Silver Spot, per fine on, 551⁄44d. Bitver, Forward per fine ok. 853⁄41⁄20, Dar Gold, Fine, os. 178/8---Heuter,

of Copenhagen

Homewards

· M/S “KINA”

loading here about 21st September for

4.5. "TAHSIS"

2. "TAHSIS”

due Hongkong about 21st Sept from U.S.A. via Bhanghai. .loading for Bangkok about 22nd

Sept.

For further particularà apply to THE EAST ASIATIC CO., LTD. Queen's Bldg, 2nd floors,

Tel. 34111 & 84112.

FROM

Rangoon

LOADS FOR

Straits, Madras, Calcutta.

DUE

Early October

READY Mid-October

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

SHIP

"POYANG"

SHIP

"NELLORE

FROM

Australia LOADS FOR

SYDNEY

For full particulare apply to

DUE

20th September

READY

20th September

MACKINNON, MACKENZIE & CÒ.

Telephone Nos. 27721-4.

MAERSK

LINE

M.S. “MARCHEN MAERSK”

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

and New York

24th September.

for Particulars plaaso apply to:-

JEBBEN & CO., Agents

Pedder Buliding, 7th floor.

(Shipping Department Tel. No. 28802)

BEN LINE STEAMERS LIMITED.

SAILINGS TO UK VIA STRAITS.

|SS. "BENLOMOND"

6.8, "BENCRUACHAN"

6.5.. "BENRINNES 8.3. "BENALDEN" 8.5. “BENLOMOND"!.... 8.8. "BENCHUACHAN”

FESIGHT ONLY.

"VESSELS DUE

LOADING

Lalo September.

Late September.

.loading for London 2nd half Sept.

2nd half Sept.

2nd half Sept.

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

York Ba