1946-09-21 — Page 7

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DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

VESSEL

M.V. MINDORO

- DUE

1st Oct.

M.V. DONA NATI

3rd Oct.

8.S. HALEAKALA

7th Oct.

LOADS FOR

Discharge Only Atlantic Coast via Honolulu, L. Angeles Manila

THE DE LA RAMA STEAMSHIP CO, INC.

Peddar Building

TEL: 28676

Chinese Shipping Offco

Tel. 20159

BUTTERFIELD & SWIRE

1. ĈONNAUGHT ROAD CENTRAL Telophones: 80031-8 Private Exchange.

Agents: CHINA NAVIGATION CO., LTD.

"HANGYANG"

"PAKHOI"

"HUPEH"

""TSINAN"

“IANYANG” "PAKHOI" "TSINAN" "SHANGTUNG" "NEWCHWANG"

"FATSHAN”

SAILINGS TO

Shanghat 4 pm. 25th Sept. (No Passengers) Saigon 4 p.m. 27th Sept. Swatow 2 p.m. 27th Sept. Shanghai 2 p.m. 27th Sept.

ARRIVALS FROM

Tientsin & Swatow 22nd Sept. Shanghai 25th Sept. Shanghai & Swatow 20th Sept. Bangkok 26th Sept. Singapore 28th Sept.

CANTON RIVER LINE

Arrives 2.30 p.m. 21st Sept. Sails 7 a.m. 23rd Sept. Arrives 5.30 p.m. 25th Sept. Salla 9 nm, 27th Sept.

Agents: BLUE FUNNEL LINE

"PROMOETHEUS"

"THESEUS"

"SAMOA"

"SAMAFFRIC"

U, K. SERVICE

Salling

11th Oct.

Arriving

27th Sept.

28th Sept.

"ANTILOCHUS"

Early Oct.

Mid. Oct.

NEW YORK SERVICE

Arriving

w

"GLAUCUS"

3rd week Oct.

For

Port Said, Liverpool via Straits.

From

UK. via Straits

-do- -do- do

From

New York

Agents:

AUSTRALIAN ORIENTAL LINE, LTD.

**YUNNAN"

Sailing

For

23rd Sept.

Sydney and Melbourne.

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

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Halyang"

Sailing for Swatow & Amoy on the 24th inst.

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.

The HO HONG STEAMSHIP Co. (1932) Ltd.

S.S. “HONG KHENG”

LOADING

21st September

SAILING

28rd September

FOR SINGAPORE AND BANGOON

For Passage and Freight particulars' apply:

THE HO HONG CO. (CHINA) LTD.,

48a, Bonham Strand W..

Tol. 20127 & 25640 Subject to alteration without notice

SWEDISH EAST ASIATIC CO., LTD.

HOMEWARD

M.V. MINDORO

loads Hong Kong: early October

Port Said, Matavilles, Antwerp, Rotterdam,

He Gotheaburam Copenhagen. Oslu and (ning Genon für su moleat, inducement)

GILMAN & CO., LTD.

THE CHINA MAIL, SATURDAY, SEPTEMBER 21, 1940.

American Stock

Market. Break

(By. Sydney Gampell, Reuters Financial Editor)

London, Sept. 19. The biggest difference from 1929 is that Wall Street's recent break occurred with the United States public almost unprecedentedly free from debt - agricultural,' industrial," stock market or any form of debt.

But this, while it seems certain to limit the extent of Wall Street's fall, cuts both ways econo- mically. The break in the market which had not been inflated by ignorant buying on bor- rowed money, may be all the more significant. Despite numerous remaining aellers marketa, the monetary demand in the United States new ACUMA near enough ta equilibrium? with current sup- plies at current prices, so that any further appreciable rise in conts threatens distortion and a slump.

Compared with pre-war, the monetary national Income has roughly doubled. But illustra tively, a 30 per cent rise in ont- put coupled with a 50 per cent rise in prices fully absorbs a doubled monetary demand and if supplies or prices rise more

New York

Exchanges

N.Y. STOCK MARKET

New York, Sept. 20. Closing stock quotations:

Adams Express 14, Alaska D, American Can 83, American Smelting 90, American Telophone 174, American Tobacco 80%;

American Waterworks 14%) Anaconda Copper 304, Aviation. Corporation 7, Baldwin Locomotive 20. Barnsdall 24, Bendix Avla- tion 36%, Bothichem Steel 89, Boeing Aircraft 22%, Borden Co. 43, Canadian Pacide 13, Case 36%, ChrysleSolvents 48, Commercial

37%, Gen-

Corn Products 50%, Dupont do Kodak Nemours 170, Eastman. 205%, Electric Light & Power 14 General Electric oral Motors, Homestako Mining 514, Goodrich 87. Goodyear 384, International Harvester 67, Intor

national Pape 18%

Tel & Tel 169, Johns Manville 120%, Kennecott Copper

cial) 24.00.zerland (OM- Sk 19.

(Free) 23.90, Portugal 4.01b,

than that rate, a gap in demand 3.23, New Zealand Australia 14. Southern Pacific 49%, Stan-

must develop.

Some lines have actually had a 30 per cent rise and very талу (including nearly ali agricultural products) have had vastly more than a 50 per cent rise in prices.

J

A Miracle

The strength of Consumer demand has performed the miracle of almost fully liquida- ting the war economy, thus stultifying the administration's predictions of deflation maas unemployment.

and

Between the second quarter of 1945 and the second quarter of 1946, United States Govern- ment spending fell by an equiva. lent of 62 billion dollars an- nually and consumer spending not merely filled all that colos- sal gap in demand but actually left many unsatisfied demands,

But not

America's lavish spending power can per form super miracles, Not even the United States is rich enough to buy everything at any price. -Reuter.

even

London Stock Exchange

London, Sept. 19.

42, Montgomery Ward 66% National Distillers 21, National New York, Sept. 19. American

A/C

Lead 29, New York Central 15%, Sterling 4.03, 4.03, American A/O Packard Motors 0, Pan-Amerl- Sterling 3 Months

can Airways 14%, Pennsylvania 4.03-6/16, 4.03-9/16, On Sweden 27.82, 27.83, RE 30%, Radio Corporation 10%, Franco 84, 844,

Beni

Republic Steel Switzerland 1954. Pevnolde Tobacco 374 Spain 0.20,

Sehenie 02. Sears Roebuck 38, Sholl On 19, Socony Vacuum '3.25, South Afrien 4.02%, British East Africa dard Brands 39, Standard Oll of 20.26, India 30.20, China 8,3206, Calif. 501, Standard Oil of N.J. 29.78, Shadebaker 20. Union ng 3,3809, Argentine (mini) 22.77 25%, Union Carbide 80%, U.S. Argentine (Free) 24.72, 24.77, Brat! 5.45, Bolivia (Oficial) 2.00 Rubber 62, U.S.

2.00,

Stool 66. Boliviu

2.38, (Free)

Westinghouse 24%, Youngstown cial) 6.10,

Tube 61.--Associated 3.25, hert Chile (Export)

4.00, Colombia Press. 66.08, Cuba 100, Ecuador 7.00n, Guatemala 100, Holland 37.78, 16.60, Mexico 20.00, 20.63, Peru Uruguay 58.00b, Venezuela 20.00, Netherland West Indies 53.05, Dutch Gulann 53.85, Montreal on London 4.02, Montreal on New York 90,375, Swiss Bank Notes rato 28.00, 30.00, Belgian Franc 2.28, 2.28-Reuter.

Chile (Om

Chile (Free)

BOMBAY SILVER & GOLD

&

SIAM SELLS GOLD

for U.S.

Bangkok, Sept. 19. The Siamese Parliament today passed a bill empowering the Gov- ernment to sell its gold reserves In the United States dollars.

Siam's gold reservo in the United States

la estimated at eight million grammes.

Bombay, Sept. 19. The bill also authorises the salo Rupees Annas of local gold reserves. This step is taken to acquire dollar exchange

Silver, Ready Silver, Forward Gold Delivery

Gold Forward

Sovereigns

Router

103 OB

per 100 tolas | for trade purposes-Reuter.

161

04

por 100 tolas

D

02

per tela

90 10

per tola

68

08

LONDON SILVER

& GOLD

London, Sept. 19.

Silver, Spot, per fine oz. 55,

Each Silver Forward per fino oz. 56 %d, Bar Gold, Fine, oz. 172/3. Reuter.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency --Dependability

Pefrigeration Special Cargo Of Tanks Cargocaire_Specie

Consols, 2 per cent 1945/75 S.S. "MARINE FLIER" 97-13/16, Conversion Lean, 3

per

cent 111-15/16, War Loan, 3 per cent-11/16, New War Loan, 3

יון

cent 106-1/16, Saving

Bonds 3 1055,65 100, Sav-

ing Bonds 3% 1060.70 100%,

Saving Bonds 37% 1905.768.S. "RAPID"

| 1075, Victory Bonda 4 per

cents 110, German Loan, 7 S.S. "HAMILTON VICTORY"

per cent (Dawes) 10%, Japanese

Bonds, 5 per cent, 1907 20.S.S. "MARINE LEOPARD" Canton-Kowloon Railway 24.

Tientsin Pukow Railway, 5 per

cent 26, Lung-Tsing. U. Hai Rly,

སཱ་

por cent, 1918 24, Rearg, Loan,

5 per cent 1919 (London L3)

51, Crisp Loan, 5 per cent, 1911 8.9. "NONPAREIL"

48, Hukuang Rallway, 5 per cent, 1911 28, Honan Railway, 6 per cent, 1906 32%, Shanghal-Nan- cent 28. Mer- camille Bank of India, 14266

Rallway,

SAILING FOR

21st Sept. Manila, Singapore, Po nang, Colombo, Bom- bay, Suez, Port Said, Alexandria, Naples, Leghorn, Genoa, Mar- seilles; New York and Boston.

23rd Sept. Freemantle (Passage

only)

24th Sept. San Francisco and Los

Angeles.

late Sept. Singapore, Penang, Co- lombo, Bombay, Suez, Port Said, Alexandria. Naples, Leghorn, Genea, Marseilles, Now York, and Boston.

3rd Oct. Shanghai, San Fran-

cisco, Los Angeles.

Now York and Boston.

JARDINE, MATHESON & CO., LTD

SHIPPING DEPARTMENT 16 Pedder Street Tel. 80811.

General Managem.

INDO-CHINA S.. N. CÒ., LTD.

5.5. "HINSANG"

5.S. "KWAISANG" 5.5. "WINGSANG'

S.S. "WINGSANG" S.S. "KUTSANG"

8.8. "EMPIRE FARRAB” 5.8. "ESANG"

S.S. "EMPIRE WITHAM" 5.S. "HINSANG" S.S. "KWAISANG" S.S. "HANGSANG"

SAILINGS

(No Passengers) to Labuan & Sandakan 23rd Sept. to Saigon, Singapore & Penang 24th Sept. to Shanghai 25th Sept. ARRIVALS

from Shanghai 22nd Sept. from Calcutta & Straits 2nd Oct.

IN PORT

Cosmo. Dock. Kowloon Dock.

(Ben Lino Berth) Kowloon Dock.

Bubject to alteration without; notiss.:

Buoy A10. Buoy B2

Custodian Wharf.

All intending Passengwe are requested to register their names se far da doaribis in advanse of the time at which they wish to leave

Agents: GLEN LINE LTD.

M.V. "GLENARTNEY” S.S. "GLENAFTARIC"

Arrd, from UK. Holts Wharf. ... due from UK. 27th Sept. Loads for Rotterdam, Antwerp, Amsterdam & London 6th Oct,

'Managing Agento: AUSTRALIA CHINA LINE

M.V. "KAFIRISTAN"

SS. "PERIOD“

Loads for Sydney, Melbourne, Adelaide 3rd October.

dua from Sydney Mid. Oct.

Agents: PRINCE LINE LTD. Chinese Freight Agents: CHEONG FAT CO.,

54 Bonham Strand E. Tel: 20037.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

S.S. "KITSILANO PARK"

..... Arrd, from Vancouver Buoy EZ.

PENINSULAR & ORIENTAL

NAVIGATION COMPANY

Krom

Ship

"BENALDER"

·U. K..

"HICKORY STREAM"

U. K.

"OTRANTO"

U.K.

"TREVETHOE"

U.K.

"GLENIFFER"

U.K

TREVAYLOR”

U. K.

*due Naples 20th Sept., Port Sald 23rd Sept., Singapore 8th Oct., Hongkong 18th Oct.

Ship

"SAMSOARING"

Loads For

U.K. via Straits

1

STEAM

End-September Early October Early October October

October November

Colombo 4th Oct.,

Ready

23rd September

Accepts cargo for LONDON, ANTWERP & ROTTERDAM

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SHIP

“BINFIELD"

SHIP

FROM

Ran goon LOADS FOR

"SAMETTRICK” Straits, Madras & Calcutta. "BINFIELD" Straits, Mad ras, Calcutta.

DUE Early October

READY

Early October End-October

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD

Tel. No. 28172/25175.

SHIP

"POYANG"

SHIP

For Passage and Freight apply to:- AMERICAN PRESIDENT LINES LTD. Chartered Bank of I. A. & C. J. St. George's Bldg. 12%, H.K. & Shanghal Bank- ing Corporation 88, Lydenburg Estates 122/6, South Africa Townships 20/4, Selection Trust 44/3, South Africa Terbanites 12/8, Canadian Pacific 19, Mexican Eagles- 14/7.-Reuter.

LONDON DISCOUNT

RATES

London, Sept.19.

Day to Day Loan per cont,

Short Money % to 1, Bank Bills,

The East Asiatic Co.,Ltd

of Copenhagen.

Homewards

M/S “KINA”.

loading here 24th September for

8 Months 17/32, Bank Billa, & PORT SAID, ANTWERP, ROTTERDAM, AARHUS, COPEN- Months 9/10 to, Fine Trade HAGEN OSLO & GOTHENBURG

Bills

3 Months 1 to 1%, Fine Trade Bills, 6 Months

to 24,

#.. "TAHSIS” Treasury Bills, 2 Monthe % to 17/33, Treasury Bills, 3 Months

to 17732--Router.

Alexandria, Sept. 19.

fino ounce. 174

Gold, per Plastres-Router.

NOTICE TO CONSIGNEES HOLDING

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

Messrs. Goddard & Douglas will attend at 10 am on Mon- days and Thursdays within the free storage period to survey damaged, cargo, and consignees nre: requested to have their representatives présent. Unleas consignees réproeentativos Euro present at the Burvey no claima can, thereafter be admitte, Fede PACKINNON KA KENZIE

6-8. "TAHSIS”

Also accepting cargo for MANILA

... due Hongkong 21st Sept. from

U.S.A. via Shanghai, .loading for Bangkok about 22nd

Sept.

For further particulars apply to: THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd floor.

Tel. 34111 & 34112.

DODWELL & CO., LTD.

Agents for

DODWELL-CASTLE LINE BARBER-WILHELMSEN LINE

Regular monthly sailings to the U.S.A.

In port:

M/S "STANHALL"

M/S "KING:"WILLIAM" M/S "HICKORY” MOUNT” 'M/S #FORT" CONNOLL

"NELLORE"

"EASTERN"

FROM

Australin

LOADS FOR.

DUE

Discharging READY

Sydney Sails 4 p.m. 21st. Sept.

Sydney & Melbourne

For full particulare apply to`.

Mid-October

MACKINNON, MACKENZIE & CO.

Telephone Nos. 27721-4.

MAERSK

LINE

M.S. "MARCHEN MAERSK”

Loading for Los Angeles, Fanamo, Baltimore, Philadelphia. Boston

and New York

!

24th September.

for Particulars please apply to:---

JEBSEN & CO., Agents

Pedder Balding, 7th floor. (Shipping Department Tel. No. 28382).

BEN LINE STEAMERS LIMITED.

BAILINGS TO UK. VIA" STRAITS,

5.9. "BENLOMONDO 83. "BENCRUACHAN”

89, “BENRINNES - BA. “BENALDER". 8.9: "RENLOMOND" -8.8, "BENC

FREIGHT ONLY."

VESSELS DUE

Lats September,

Late September.

DADING

loading for London 2nd half Bept.

and ball sect Lat half Do.

And hat Sept.

3. LOXLEY & CO. (CHINA)), LI