1946-09-28 — Page 2

DE LA RAMA LINES BRITAIN TO ABOLISH SINO CANADIAN JARDINE, MATHESON & CO., LTD.

THE SILVER COINAGE

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

VESSEL

M.V. MINDORO M.V. DONA NATI

SS. HIALEAKALA

DUE

TOADS FOR

1st Oct. 3rd Oct.

Discharge Only Atlantic Coast via Honolulu Los Angeles & Panuma

7th Oct. Manth

THE DE LA RAMA STEAMSHIP CO. INC

Fedder Building

TEL: 23670

Chinese Shipping Office

Tel. 20163

BUTTERFIELD & SWIRE

1. CONNAUGHT ROAD CENTRAL Telephones: 80331-8 Privato Exchange.

Agents: CHINA NAVIGATION CO., LTD

"PARHOI "TSINAN"

"NEWCHWANG”

"FENGTHEN** *FOGORV

"TATEHAN"

SAILINGS TO

Saigon noon 20th Sept Shanghai naon 20th Sept Singapore & Punting 4 pan. 2nd Oct

ARRIVALS FRÒM

Singapore 2nul Oef Shanghai, Keefung & Amoy 3rd Oct CANTON RIVER LINE

Arrives prn, 20th Sept Salla 1 am, 1st Oct. Arrives 2.30 p.m. 3rd Oct

Agents: BLUE FUNNEL LINE

"PROMOETHEUS"

"TURSBUS"!

"KAMOA"

"SAMAPPRK?

U. K. SERVICE

Salling

11th Det.

Arriving

26 Sept.

2nd Oct.

Mid. Oct.

Mid. Oct.

"ANTILOCBUS"

NEW YORK SERVICE

Arriving

"GLAUCUS"

3rd Week Oct.

AUSTRALIAN

*YOU HOW"

Agents:

For

Port Said.

Liverpool

via Stratt

From

VK. via Stra

--do-

~~do-

From

New Yor

ORIENTAL LINE, LTD.

Arriving

Mid, Oct.

From

Australi

All The Above Subject To Alloration Without Natioe. For Pastuge and Freight Particulars Apply To The Above.

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Haiyang" Sailing for Swatow & Amoy on the 26th inst.

Subject to alteration without Notica.

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

DOUGLAS LAPRAIK & CO.

General Managers.

7. GO, Building. 5th floor. Tel. 23755.

or

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel. 24639.

BEN LINE STEAMERS LIMITED.

SAILINGS TO U.K. VIA STRAITS.

S.S. "DENCRUACHAN"

S.S. "BENLOMOND"

S.S. "RENALDER”

FREIGHT ONLY.

VESSELS DUE

LOADING

Discharging Kowloon Wharf, .... 3rd Oct.

...loadfisk for London 1st half of Oct.

5

21

2nd half of Oct. 2nd half of 'Oct.

2

For particulars apply to:-

S.S. "DENLOMOND" S.S. "BENCRUACILAN"

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

York Building

Tel. B4168.

N.Y. Stock Market

Now York, Sept. 27. Stacks rallied generally in the final hour after the market had

spent most of the session oating

WRA

over irregular terrain. It the third successive averĥæo re- Lavery

shift the first time this? s been accomplished in about two months. Closing gains rang- d from fractions to three painta with a few to alx. Some

London, Sept. 26.

The present British silver currency is to be abo- Ifshed and replaced by coins with more nickle, This was revealed by an authoritative source today. The United Kingdom Government is

•

Nanking, Sept. 27. The Chinese Foreign Office announced the signing of a commercial agreentent be- tween China and Conada. The text la to be released

KON

October, 1—Mänociated Press.

already drafting special legislation necessary Stocks In

to bring about the change and it is expected that this will be placed before Parliament at the next session,

Neither the shape nor the design of the currency is to be changed, though it will be much lighter in weight and of slightly different colour from the existing currency. The object of the change is to have the silver, which at present is very expensive. It is estimated that the all-British users, however, persisted.

silver coin contains fifty per cent silver- Commission houses again at As the now nickel currency be ributed the buying to a hellef

tomes avaliable, allver will be the bear market may have run its withdraw, malted down and the-

ourse. Prominent advancars in-ilver extracted. There cluded United States Gypsum up details available of the saving this i

are no

9 points at $112 and Johns Man-will make. Fill up at $100. Losers In- The British Government's deci

luded Dow Chemical and Allied alon 10 replace Britain's prezent Chemical. Transfers were around silver coins by nickel coins is die-

300,000 shares.

inted by the shortage. of silver zeherally and particularly by the obligation to return the huge amount of lend-lease silver to the United States in kind.

The Dow Jones

Averages:! Itpeks 62.83, 20 Industrial 74.96. 15 Rails 48.63. 10 Utilities

34.8

Closing stock quotations: Adams Express

164, Alaska Juneau 5. American Can 80 American Smelting 51%, Ameri Telephone 175, American

Tobacco 80, American Water

Copper Aviation Corporation Jaldwin Locomotive 22 Barne

works 164, Anaconda

all 214, Bendis Aviation

98% JAM Tethlehem Ste

Steel 98% Boeing Alr raft 20%, Borden Co. 10% Cana

Pacific 144. I

J.

38 Case

Solvent 24, Carn Pro- acts 83, Dupont de

Nemours

184, Batman Kodak Light & Power

Little Silver

Exchanges

In London

London, Sept. 20.

On New York 4.025, 4.036, Mon- treal 4.00, 4.04, Zurich 17.34, 17.86. Stockholm 14.47, 14.50, Buenos Aires unquoted, Brazil 75,4416 Brazil (wellers) unquoted, Uru

ungusted. Belgium 167.60.

London

1

London, Sept. 20.

SHIPPING DEPARTMENT 16 Pedder Stress Tel: 80811,

General Managera.

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

SAILINGS

|5.5. “KUTSANG"

to Shanghai 4th Oot to Straits & Calcufía 8th 'Got

S.5. "MAUSANG"

ARRIVALS -

s.s. "KUTSANG"

S.S. "TAKSANG"

There was a tendency early in s.s. "WINGSANG" doalingo on the stock market aggin to follow the lead of Wall

Street bot operators were rather 5.6. "EMPIRE FARRARTM more cautious In marking

prites. It would appear however, 5.S. "ESANG""

that the recent spell of nervous- S.S. "EMPIRE. WITHAM" noss has not entirely left the mar- ĮS.S. "MAUSANG"

In spite of the absence of Kot a RE

Influences, sellers

any appeared.

The lack of turnover resulted in dullnes of British funds while provincial interests again came in na sellors of industrinis. thera came under pressure.

from Calcutta & 'Strafta 2nd Qet. from Rangoon 4th Oct. from Shanghai 4th 'Oết.

IN PORT

Coamo. Dodic Kowloon Do

(Ben Line Berth) Kowloon Dock. Buoy A10.

Subject to alteration without notios,

AU intending Passengers are requested to register their namen me

for as possible in advans of the time at which they wish to toevo

Agents: GLEN LINE LTD.

The increased of

of turnover re- aulted in dullness of

of British funda while Provincial interests again SS. “GLENAFFARIC" came in ba sellers of industriala, where breweries, tobaccos and textile enme under pressure. ĮS.S. "SZECHUEN"

T'ho merenaed

price of metal}M.V. DENBIGHSHIRE stimulated tin shares where ap

This most be done within five & French Empire 470.50.|| greciable gains were recorded but

move.

Ch 91%, Colmate 51, Com-about 25,000,000 ounces of silver.

Jears aftor President Truman has ormally declared the end of the war emergency and there la no- where except in coin circulation hat such apntities can be found. Britain's so-called silver coins actually contain little silver but bullion brokers. who

had ex

that calculate geled this ver five years it could releane For the same reason of return ing lend-lease silver to the Unitta States, it in confidently expected that India must withdraw her ons Tectric 40, General Motors

upce coins. The

quarter Guodycar Teotrich 72 tomestake Mining 374,

have already li rupee coins been withdrawn. Even the emo ational Harvester 78, Inter-

public took this ntional Paper 42 International donul Indina

calmly and would nrobably & Tej

Johns Manville equally calm about the one tune. Tel 18 30, Kennecott Copper 47, Mont- omery Ward 75, Nationu! Dia llers 24%, National Lead 30%, Yew York Central Central

ngkard Motors 7. Pan-American

211.

18% Gentof

54

Inter-

15%, Pennsylvanin RR Radio Corporation 10

lat

для

oins. The latter's silver con- tent has already been cut from

11/12th to 50 per cent).

Only Tokens

The British public is likely t eal Silk 20 Republle Steel 28, be supremely unconcerned. Si

ynolds Tobacco 28%, Schenley ver coins are regarded purely as

tokens and few people know o 7 Sears Roebuck

30%

enre whether

they contain atte Socony 'it Southern Pacific

Shell

15.

rands 10. Standard Oil of Calif. 4. Standard Oil of N.J. 675. "tudebaker 24. Union Bag 20 Talon Carbide 90 U.S. Rubber 9%. U.S. Steel 724, Westing onse 26%, Youngstown Sheet & Tobe 64.-Associated Press.

BEN LINE STEAMERS LTD.

S.S. "BENCRUACHAN” having arrived from UK. via Ports consignees of cargo are hereby notifled that all goods, are being landed and placed at

The new coins will be cupro- nickel (a copper and nickel siloy) The

The serious aspect is that two o. the world's last remaining silver reserves will have been used tị swell the casuntially unwanted stacks in the United States uni without relieving or even agsli being able to relieve the world's silver shortage.Reuter,

New York

Exchanges

New York, Sept. 26. their risk into the Godowne of American A/C Sterling The Hong Kong & Kowloon 1.03%, 4:03, American A/C Wharf and Godown Co., Ltd., Months 4.03-6/16, 4.03-0/10, On where delivery may be obtained Sweden 27.82, 27.85, France 84 as soon as the goods are landed. 84, Switzerland (Official) 24.00, 24.26, Switzerland (Free) 24.46 No claims will be admitted offered. Spain 9.20, Portugal 4.011, after the goods have left the 4.06a, Australia 8.25, New Zen- Africa 4.02%, godowns and all goods remainland 1.25. Sauth ing undelivered after 4th Octo-British East Africa 20.25, India ber, 4 p.m. will be subject to 30,29, China 3.320b, 8,3805, Ar- gentine (Official) 29.78, Argentine (Free) 2466 offered, Brazil 5.45, Boliviu 2.00, All broken, chafed and dam-Bolivia (Official)

(Free) 2.88, Chile (Official) 6.16, aged goods are to be left in the Chile (Frve) 3.25, Chile (Export) godown, where the will be ex-

Colombla 56.98, Gula

rent.

|

Arrd. from U.K: Holts Wharf. Londs for Rotterdam, Antwerp, Amsterdam & London 6th Oct. "

due from U.K.-~~Mid Oct. due from U.Kend Oct.

Managing Agents: AUSTRALIA CHINA LINE

480.30, Syria 881, 885, Lisbon rubbers were ngala dull, in sons: 90.80, 100.20, Swiss Bank Notes cases a shilling lower beca

because of Middle 17.25, 17.50, Netherlands doubts regarding a free market for West Indies 7.68, Netherlands the commodity. Diamonds again

M.V. "KAFIRISTAN" East Indies 10.68, 0.70, Holland attracted buyers with De Beers 10.03, 1'anama 4.02, 4.04, Denmark preferred prominent on the 1922, 19.86, Prague 201.

202,

that the company bad_ob. Iss. "FERIOD" Deta 19.98. 20.02.

Palestine tained large concessions in Tan- Norway

ganyika. 100 Forward Rutes. One Month:-

p.

United States Sp. D, Cantadia: p. 4D, Switzerland p, D. Sweden 1/2 p. 13 D. Paris 40 cents, 18 cents, Holland 1 cent. 1 cent

.Loads for Sydney, Melbourne, Adelaide 1st October.

due from Sydney Mid, Oct.

Agents: PRINCE LINE LTD.

Console, 24 per cent 1945/75 per cent 112, War Loan, 3 pcr S.S. SAMMEX" 07-11/10, Conversion Conn, cent 107-11/16. New War Loan.

4

5 per cent 26, Lun-Ining U. Hal

3 per cent 106, Victory Bands,

per cent 119-7/14 Savi Bonds 3 1955.06 100-1/16, Sev- Bank of England Clearing ing Bonds 3 1960.70 1005, Save Rates: Madrid 44.00, Italy 71.28 ving Bonds 3% 1985.76 107-9/18,

Free Market Rates: Ina a

Germon Loan, 7 17.94, 18.05, Australia 125, 25.50, 11. Javanese Bonds. 5 per cent. per cent (Dawes) New Zealand 124.37, 125, South 1907, 20, Canton-Kowloon Rly. Africa 100, 100.50, Teheran 128. g4, Tientsin Pukow Rollway 120. Alexandria 97,375, 07,625, Singapore 2/4-1/32, 2/4, Hong Rlv. 6 per cent. 1913 24. Reore, Kong -1/10, 1/3-1/10, Philip-

nes 8.10, 8.15, Rangoonan, per cent 1913 (London 188) 40%. Crisp Lean, 6 per cent, /5-15/10, 1/6-1/16, Shanghai 191

1911 47. Hukuang Railway, & per inquoted.

Special A/C Rates: Lima 26.10, cent, 1011 28. Honan Railway, b 10.16, Lapaz 168.62, 170.32, Val-percent, 1905 3214, Shanghal-

Nanking Railway, 5 paraiso 100.625, 101.360, Turkey Marcantile Bank of Indin. "A" 5 per cent 28. 23%, Chartered Bank of I. A. & 22°

H.K. & Shanghai Basking C. 12 Corporation 86, Lydenburg Ex- tates 113/9, South Africa Town- ships 28/7. Selection Trust 41/10, South Afrien Tarbanites 11/9, Canadian Pheiße 18%, Mexican Eaglen 1476-Reuter.

anquated.

Central American A/C Rates: Mexico 19.45, 19.05, Bogota 7.00, 1.06.--Reuter.

Financial Agreement On Germany

CHICAGO GRAINS

Chicago, Sept. 27.

due from U.S.A. End October. Chinese Freight Agents: CHEONG FAT CO.,

F Bonham Strand E. Tal: 10087.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

Ship

PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY

'BENALDER" "OTRANTO" "EMPRESS OF

AUSTRALIA" "TREVETHOE" "GLENIFFER" "TREVAYLOR””

From

U.K.

U. K.

U. K.

U.K.

U.K.

U.K.

* due Colombo 4th Oct., Singapore 8th Oct...

Ship

A new 21-year high for wheat | "SAMSOARING" futures was established in the "SAMETTRICK". Krain pita but the market hul difficulty maintaining extreme nd- vances. January wheat roee above

Frankfurt, Sept. 26. Preliminary agreement on the establishment of a finance coun.g2.05. cil for the British and Ameri- Can Z01}t of Germany signed here today.

Weakness in oats spread

WELC

End September 18th October

20th October

October November November

Loads For

Roady

U.K. via Straits U.K. via Straits

Sails 29th September 4th October

Accepts cargo for LONDON, ANTWERP & ROTTERDAM

was other pits toward the close and BRITISH INDIA STEAM NAVIGATION CO., LTD.

final prices were lower.

Corn was 4.A lower. Oats | SHIP

lower-Associated Press.

The council will consist of Wheat closed down "-1 SHIP three representatives from the January $2.02; March $1.97; “BINFIELD"

for the May $1.04% British zone chosen time being by the British mili- tary government. and Finance-1 Ministers of the three states of the American zone-Bavaria, Wurtemburg-Baden and Greater Hesse.

LONDON

"BINFIELD"

FROM

Ran goon LOADS FOR

DUE Early October

READY

Straits, Mad ras, Calcutta.

End-October

DISCOUNT RATES EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

SHIP

SHIP

"KWALIEN"

The council will deal with all

London, Sept. 26. financial questions affecting Day to Day Loan per cent, both zones, expecially taxes, Short Money to 1, Bark Bills, i customs public loans, repara-3 Months 17/32, Bank Bills "HWALIEN" tions and occupation exponet, Bille, 3 Months 1 to 1%, Fine and the adreinistration and uso Trado Bills. 6 Months to 24. Months 9/16 to, Fine Trade

Treasury Bills, 2 Months 17/30, Treasury Bills, 3 Months

to 17/82.--Router.

LONDON SILVER

amined by Messrs. Carmichael Scuador 7.80n, Guntemain 100,; of bisekod property.

at 10 am.

& Clarke on 2nd October, 1946 Holland 87.78, Mexico 20.00-20.63, Péru 15.60. Uruguay G6.00h. Venezuela 20.90, Netherland West To comply with General Bond-Indies 59.05, Dutch Guiana 53.35, ed Warehouse Regulations con- Montreat on London 4.02, Man- signees must have in attendance treat on New York 06.000, Swiss a Revenue Officer when damaged) Bank Notes rate 29.00. 31.00, dutiable goods are examined. Belgian Frane 2274, 2.28%--

Reuter.

All claims against the vessel must be presented to the Under- signed within ten days of the ship's arrival, or they will not be recognised.

N.Y. COTTON

New York, Sept. 27. Cotton futuros charted an ir regular pattern in quiet dealings. covering and short covering entered the mar- ket in the final hour with all de-

No Fire Insurance will bo More active mill effected.

day

W. R. LOXLEY & CO. (China) liveries making new highs for the Futures closed 20 cents to LTD.

$1.10 a tale Higher..

Oct. 87.70, Dec. 37.33-35. March Hongkong, 27th Sept. 1916.

$7.00,

May

36.57. July 36.84-85, Oct. 83.86, Middling spot 38.05 nominal.

Cotton textile mills still await.

Tod

NOTICE TO CONSIGNEES Snouncement of October price

HOLDING

P. & O., B. 1. & E. & A BILLS OF LADING

Messrs. Goddard A Douglas will attend at 10 am, on Min- days and Thursdays within the free storage “parfod to survey

SWEDISH EAST ASIATIC CO., LTD. damaged cargo, and consterno

HOMEWARD

M.V. MINDORO

londa Hong Kong about 12th Oct

Port Suit purine, Autoru congan, con thai, dat nha

** Gothenburg,

GILMAN

00 4TD

before releasing textiles

for the fourth quarterly regulre- ments. In wool goods, buyerṛ continued to arck allocating of auring lines of woolens and Worpled. Rayon

gooda quiet. Associated Press.

..

BOMBAY SILVER & GOLD

Bombay, Sept. 20. Forward 164.09, Gold. Du

· Silver. Nosdy Rs.100.04 per 100

09.02 per tols, Forward slovarelna 7000 Each

are requested 40 lave Father tone, representatives present. Unleas Consignokarepresentatives AT01.th, present at tim.Buryay ub dialky Karter.

MACMINNOS,

REUTERS UK. INDEX

London, Bopt.":20. tāls 3,44:0, -Kaility st08:0, 95.6,.. Domitality

Decisions are to be taken by a simple majority vote. The military governments will take cognisance of any majority opinion if desired as well AS arbitrations when the voting is equal. The costs of the Brl- ministration are to be shared equally between the British and American zones for the time being-Router.

& GOLD

10

London, Sept. 26, Silver, Spot, por fine oz. 554, Silver, Forward per fine oz. 55 d. Bar Gold, Fine, oz. 172/3-Reu- jer.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency-Dependability

Refrigeration Special Cargo 02 Tanks-Cargocalre--Specia.

SS. "MARINE LEOPARD”

8.9. "NONPAREIL"

FOR

SAILING

Into Sept. Singapore, Penang, Co- lembo, Dambay, Suez, Port Sald, Alexandria. Naples, Leghorn, Genon, Marsellies, New York and Boston.

ard Oct. Shanghal, San Fran-

cisco, Los Angeles. New York and Boston.

For Pazzago and Freight apply to:-- AMERICAN PRESIDENT LINES LTD.

Tel. No, 28172/28178.

81. Grover'a Bldg.

TAY KEE & CO.

STEVEDORES, TRANSPORTERS, AND GENERAL

LABOUR CONTRACTORS:

SUPPLIERS OF!

CHINESE OREWE, JUNKS AND STEAM LAUNCHES.

DAVID HOUSE.

"EASTERN"

.FROM

Sydney LOADS FOR

Shanghai

Sydney & Melbourne

For full particulars apply to

DUE

29th September

READY

Early Octobery

Mid-October

MACKINNON, MACKENZIE & CO.

Telephone Nos, 27721-4.

MAERSK LINE

MS. "MARCHEN MAERSK”

Leading for Los Angeles, Panama, Baltimore, Philadelphis, Boston

and New York

27th September.

Salling on 20th Sept.

for Particulars please apply to:---

JEBSEN & CO., Agents

Fodder Building, 7th floor.

(Shipping Department Tal. No. 29802)

TAK CHEONG SHIPPING CO.

SS. "EDNA"

26th Sept. Sailing 29th Sept.

Loading z

For KEELUNG 'via AMOY S.S. "EMPIRE JAMAICA”

Loading 2nd Oct.

Sailing. 3rd Oct For SWATOW

For Fraight & Fart Iculars please apply TAK CHEONG SHI