1946-10-05 — Page 7

DE LA RAMA LINES

MY. DONA NATI

LOADING FOR

HONOLULU, LOS ANGELES, CRISTOBAL

& ATLANTIC COAST PORTS

via MANILA

11th OCTOBER

THE DE LA R

Fedder Building

TEL: 25676

BUTTERFIELD

Chinese Bhijping Offer

Tel, 28718/20163

1. CONNAUGHT ROAD CENTRAL Telephones: 80381-8 Private Exchanya

N.Y. Stock Exchange

New York, det

A handful of fairly strong stocks propped the market although light liquidation pushed many leaders. out of the recovery ranita. There wereTM debtines of as inuch as two t points

At the close. Transfers totalled 200,000 shares. "

Hiram Walker added ave points;

and Schenley,

Brokers sald most customers were cautious because of persis tent rifis in labour and a desire to-

THE CHINA MAIL, SATURDAY

China Exchanges In Chaotic State The Bullion

Nanking, Oct. 4.

The open market foreign exchange rate continues Market

40 Buctuate in Shanghai and Nanking, despite official lat denials of persistent rumours that another depreciation of the Chinese dollar is imminent.

London, Oct. 3. Mestra. Mocatta and Gelds- mid in their quarterly bullion letter kaysa

From August 12, silver im STEAMSHIP CO, INC. Dow Chemical 4% points, Nor- While speculators are in a sort of "to be or not to ported into England from cer

folk Western 3. In front, were

be" state, wondering if they should sell their tain specified foreign coun Santa Fe, Texas Company, Inter foreign currency holdings at the present rate fries has been considered eligi nationalPaper,Air Redaction,- Goodrich, US. Rubber." ON WW

or-wait until the open market rises to a more ble for export to India. This realistic figure, the average Chinese wage include silver imported from Was widened on August 29 to cach were Ualon Paelic, Dupont- Johns Manville, Othes, casualties.

earner and salaried man remains a perplexed say aterling arca source and were American Telephone, US. onlooker in this phase of intensive speculative from any non-sterling area szur- Steel, Chrysler, General Motors,

indecision: Southern Pacific, International

Ice for which dollar payment was Telephone, Standard Oil of Newpert in close touch with China's cent. This adjustment is only ver shipments to

Meanwhile, an economic ex-option is restricted to 10 per got required. Accordingly, all- BWIRE, American Can, Goodyear, monetary fangle disclosed an possible six months after the restarted on a substantial scale India have

aspect of the situation which initial registration, which will and are likely to continue as may finally fence in the radius probably take place some tipe long as there is allver available of currency manipulation, in November.

in the market to meet the de- It is recalled that China isp signatory to the International believe that such a percentage

Competent observers do not mand,

withdrawal of all Bri- Monetary Fund. This economie of adjustment can adequately tish silver coinage is dictated ly that all nicmber nations landslide. Hence the imperative repay more organ of the UNO-rule-recent-check the possible frequent primarily by the obligation to than 300,000,000 faust register within three necessity of analising the de puncts of silver lend-leased by months of the date of final preciation isition If any the United States and will pro- Juneau 5%, American Can 83, notification of their permanent being contemplated within the vide a greater part of what is American Smelting 49%. Ameri rate in terms of all the leading

stabilized national exchange next few weeks.

required The fulfilment of this massive obligation will re- Telephone 172, American gold-backed currencies-Ameri- worst, however, Ching retains move one more of the artifici Tobarro

77, American Water | cap dollars, pounds sterling and the right to appeal to the Inelements that still obstruct, the works 164 Anaconda Copper 984, Aviation Corporation 74,

ternational Monetary Fund to reestablishment of the free mar- The direct bearing of this waive restraint on depreciation, step on, the present situation But no Government is likely to

ket-Reuter. will be to seal the controversy want to bring its bankruptcy

further depreciation before before the world. Reuter the deadline-later-this year.

Agents: CHINA NAVIGATION CO., LTD, ending.

"HUPEH" "FOOCHOW" "TENGTIEN" "POYANG"

"FUKIEN"

. “HANYANG

Ỉ HANYANG

"ANSHUI" "KWEIYANG" "NINGHAT”

FATSHAN"

SAILINGS TO --------

Shanghai, Tsingtao & Tientsi, p.m. 8th Oct, Singapore Macassar & Batavia #pm: 7th Oct. Shanghaj p.m. 7th Det. Bangkok 4 p.m. 7th Oct. Amby & Shanghal 7 m. 8th Oct. Shangholm. 12th Oct.

ARRIVALS FROM

Shanghai & Foochow 8th Oct. Singapore 14th Oct. Bangkok, Saigon & Swplow 13th Oct.

Singapore 16th Oct.. CANTON RIVER LINE-

Arrives 3,30 p.m. 7th Oct. Sails, Dih Oct. Arrives 5.30 pm. 11th.Oct. Salle 11 am, 13th Oct.

Agents: BLUE FUNNEL LINE

*PROMOETHEUS"

"ANTILOCHUS

"SAMAFFRICS

"ANTILOCHUS"

"SINKIANG"

UK SERVICE

Sailing

11th Oct

21st Oct

For

Pori Said, Liverpopl via Streita.

Arriving

From

Mid. Oct.

UK via Straits

12th Oct.

mund

Mid. Oct.

20th Oct

do do-

NEW YORK SERVICE

**** Arriving

“GLAUCUS".

3rd week Oct.

From

New York

--For

“EURYBATES"

“LYCAON"

Sailing. Mid Oct.

Agenti:

i

wait: assurance the bear shift was

The Dow Jones Averages:-- Stocks 61.73, 20 Enduststals 171.04, 18 Ruila 47.70, 19 Utilflex 34.08.

Closing stock quotations: Adams Express 14%, Alaskr

can

Baldwin Locomotive 20%, Barns dall 24. Bendix Aviation 30 Bethlehem Steel 07, Boeing Air- craft 24%, Borden Co. 47%, Cana- dian Pacile 13%, J. I. Case 37 Chrysler 30, Colgate. 40%, Com- inercial Solvents 22%, Corn Pro- ditets - 02, Dupont de Nemours 1844 Eastman Kodak 210%, Electric Light & Power 10%, Gon- cral Electric 30, General Motors

French francs.

Can't Be Checked. an expiry of the period of notice, China, like every other signatory, must abide by her declared ate, unless the inter- 52 Goodrich 70%, Goodyear nat situation warrants a far- 562. Homestake Mining 374, Irther devaluation, on which the ternational Harvester 75%, Inter- national Paper 43%, Internațional Tel. & Tel 18%, Johns Manville 123, Kennecolt Copper 45% Mont- gomery Ward 72, National Dis- tillers 24%, National Lead 29%,

Exchanges

New York Central 16, Packardi In London

If the worst comes

Stocks In

London

to the

London, Oct. 3

The creation of recent selling pressure imparten a brighter at- mosphere on the London stock market today. There was general improvement in prices but there was no great return of buying in the market.

The

:

JARDINE, MATHESON & CO., LTD.

SHIPPING DEFÄRTMENT

16 Pedder Street

20 TEL 30511

General Managers.

INDO CHINA S. N. CO., LTD.

SS. "KUTSANG" S.S. "MAUSANG" 5.9, "WINGSANG”

S.S. "ESANG

SAILINGS

to-Shanghai BANEGAR

......... to Straits & Calcutta Till Oct to Shanghai #ká Oct. to Singapore vin Satgor eth Oct. 8.S. "WOSANG?" to Keelung (it sufficient inducement 126 Oct.

(Cargo and Passengerel

ARRIVALS

S.S. WINGSANG" SS, "KUTSANG"

38. "EMPIRE FARBAR"

$.5. "ESANG"{"

- from - Shanghal from Calcutta & Stralis 6th IN PORT --

SS: "EMPIRE WITHAM" .... (Bert Line-Berth) S.SMAUSANG"-- SS EMPIRE FRASER" SS. HICKORY CREST" SS-TAKSANG”

`Subject to alteration wilkout notice.

All intending Passengers ate requested to register their names of far as passible in advance of the tine at which they wish to leave

Agents: GLEN LINE LTD.

S.S, GLENAFFÄRIC”

S.S.

M.V. DENBIGHSHIRE

Arrd: from UK. Discharging Tal- koo Sugar Rednery. Loads for Rot- ferdam, Antwerp. Amaterkami London 10th Oct,

Artd. from UK-Busy B.

due from UK, end Get-

Managing Agents: AUSTRALIA CHINA LINE

Notice To Consignees.

S.S. "BENLOMOND"

From UK. via PORTS

Consignees per above vessel are hereby notified that their cargo is being -discharged into The Kowloon Wharf, where SS. PERIOD” it will lie at Consignees' risk and subject to the Wharf's terms and conditions of storage, and where delivery may be obtained. as soon as the goods are landed.

A steady demand appeared in Motors 6 Pan-American “Air-"

British funds while corporation left in the Godowns for examina- Damaged packages are to he Iways 13%, Pennsylvania R.R."

and colonial issues found some tion by Consignees London, Oct. 3.-

favour. 37 Radio Corporation 10%,

and the On New York 4.025, 4.035, Real Silk 20, Republic Steel 27, Montreal 4.92 4.04. Zurich 17.34ment in industrials apart from a Carmichael & Clarke at

There was no pronounced move Company's Surveyors, Messrs. Reynolds Tobacco 37%, Schenley 17.36. Stockholm 1447, 1450 few individual issues which were 64, Scars Roebuck 39, Shelf Buenos Aires unquoted.

Brazil Oil 32%, Secony Vacuum 14% 13,416, Brazil (sellers) un-sults: The foreign market was

encouraged, by good dividend de- 10.00 am. 8th October. Southern Pacine 43, Standard quoted. Uruguay unquoted. Bel-featureless. Brands 40%, Standard Oil of lum 167.50, Paris & French Em- Cansols, 2 per cent 1945/5 Bonded Warehouse Regulations, To comply with the General Calif. 55%, Standard Oil of NJ385, Lisbon 98.80 100.20, Swiss cent 112, War Loan, 5 per cent Officer in attendance

pire 470.60, 480,30, Syria 881 07-7/16, Conversion Loan, 3% per Consignees must have a Revenue New York via Suez 28 Union Carbide 94% US

07, Studebaker 22%, Unton Bay Bank

Bank Notes Middle 17.25, 17.59.

107/14, Weat Netherlands Rubber 50% US Steel 70% Netherlands East

Indies 7.58.

10. cent Westinghouse 20%, Youngstown 10.70, Holland 10.63, Panama 1955.65

In 2016, per cone Sheet & Tube 03-Associated †4.02. Press.

AUSTRALIAN - ORIENTAL LINE, LTD.

*YOCHOW">

Arriving

Mid. Oct.

From

Australia

All The Above Subject To Alteration Without Notice. For Pessage and Freight Particulars Apply To The Above.

DOUGLAS STEAMSHIP CO., LTD.

8. S. "Halyang"

Sailing for Swatow, Amoy & Foochow on or about 10th October

Subject to alteration without Notice

For Particulars of Freight & Pastags Please apply to:-- DOUGLAS LAPRAIK & CO.

General Managers.

P. & O, Building, 5th floor. Te_23755.

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

BEN LINE STEAMERS LIMITED.

KAILINGS TO U.K. VIA STRAITS,

SS. “BENLOMOND"

"BENLOMOND"

55. “BENCRUACHAN”.

VEEIGHT ONLY, VESSELS DUE"

LOADING

New York Exchanges

108.

War

Loan, 5 per

when

Rond camped dutiable gcrxls are

3 examined. Bonds 30

Bonds 30% No claims will be admitted

4.04, Denmark 39.32, 1936, 1960.70 1 BO Th after the goods have left the

Prague 201, 202, Norway 19.08, 1965.75 1074, 20.02, Palestine 99%, 100

Forward Rates, One Month: Bonds, 6 per cost, 1907 185, Can-ing undelivered after 10th. Oc- cent (Dawes) 11, Japanese Godowns, and all goods remain United States PD, tan-Kowloon Railway 23, Tientsin tober, 1946, will be subset to

D, Switzerland Pakow Railway, 15

5 per cent 26 rent D. Sweden 1 p. 14 D Lung-Tsing U.. Hal ftly. 5 Paris 40 cents, 40 cepts, Holland cent, 1913 25. Eeorg, Loan,

P

Canada,

I ecnt, I cent,

due from “Sydney Mith. Oč

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

PENINSULAR & ORIENTAL STEAM

ShipTMTM

"RENALDER”

OTRANTO

NAVIGATION COMPANY

From

U.K.

U.K

"EMPRESS OF

AUSTRALIA".

U-K

"TREVETHOP"

V.K.

"GLENIFFER"

U.K.

"TREVAYLOR'

gapore 8th Oct

Loads For

"SAMETTRICK"

*dyo

Straits, Bombay & UK 10th Octobe Accepts cargo for LONDON, ANTWERP & BOT

No Insurance will be effected. BRITISH INDIA STEAM NAVIGATION CO., LTD.

Agenta- Estates W. R. LOXLEY & Co. (China).

Ltd.

All chims against the Vesee! per cent 1013 London Iss) 61 must be presented to the under of England Clearing Crise Loon. 5 per cent, 1911 47, signed on or before 1st Novem- Bank New York, Oct. 3. Rates: Madrid 14.00, Italy 71.26. Hukuang Railway

correc American A/C Sterling 4,03-

cent, Der Market Baten: India 1011 28. Honan Railway, 6 nerber, 1946, or they will not be 0/16, 4.03-7/16, American A/C 17.93, 18.06, Australia 125, 125.50, cent, 3900 82%, Shanghai-Nan recognised. Sterling 3 Months 4.03% 4.034 Africa 100, 100.60, Teheran 128, castile Bank of India" "A" 23, New Zealand 19837, 125. South king Railway 6 per cent 28, Mer- On Sweden 27.83 offered, France 180, Alexandria 97.375, 97.825, Chartered Bank af 1. A. & C. 12 84% offered, Switzerland (Official)

Singapore 2/4-1/32, 24- 24.00, 21.25, Switzerland (Free) 2-1/16, 1/3-1/16, Phillporation 86, Lydenburgownships

Hong H & Shanghal

hal Banking Co- kong 24.50, 24.85, Spain 0.20, Portugal pines 8.10. 6.15, Rangoon 112/6, South 1.04b, 4.088, Australia 3.23, New 16-30/16, 1/6-1/16, Shanghai 28/ Selection Trust 40/44 South Zealand 3.25, South Africa 4.02% unquated.

Africa Torbanites 11/9, Canadian |Brillah" East Africa 20.25, Indi Special A/C Entes: Lima 25.10 Pacific 18 Mexican Eagles Hongkong, 4th October, 1940.

30.20, China 3,350, Argentine (01-26.16. Lapaz 186.62, 170.22, Val-

14/10-Reuter |ficial) - 29.78, Argenine (Free), paraleo 100.025, 101:360, Turkey

24.72 offered,. Brazil 6,45, Bolivia unquoted.

· (Official) 2,00,:Bolivia (Free) 2,38, Chile (Official)-5.16, Chile (Free) 325, Chile (Export) 4.00, Colom- bla 56,00, Cuba 100, Ecuador 1760n, Guatemala 100, Holland' 37.78, Mexico 29.57, 20.01, Peru | 15,50 offered, Uruguay 58.00, 60.50;† Venezuela 20.00, Netherland Westi Indles 53,05, Dutch Guiana 53.35,

Montreal on London 4.02: Mou treal on New York 00.123, Swiss |Bank-Noles 'rate 20.00, 31.00, Bel-1

gian Franc 2.28, 2.284––Reuter.

U.S. TO BUY

Central American A/C Rates: Mexico 10:46 19.85, Bogota 7,00 7.00-Reuter.

SILVER PRICE LOWERED

New York, Oct. 4. The official silver, quotation! was lowered here by Handy and Harmaa, bullion dealers, to 89, cents an ounce from the 90 1/8 previously-quoted. It was the first change of the official Quotation since the Aug. 1 Treasury lit

BOMBAY SILVER & GOLD

08 Annas caeli.—Router,

NOTICE TO CONSIGNEES HOLDING

P&O., B. & E, & A ̧

BILLS OF LADING .

Bombay, Oct. 1 Silver, Ready 169 Rupees 03 Annas per 100 tolas, Forward: 163 Rupees 14 Annas, Gold De- livery 90 Rupees 14 Annas por Lola, Forward 93 Rupees 10 Annas Messrs. Goddard & Douglas tola, Sovereigns 60 Rupees will attend at 10 am on Mon- |days and Thursdays within the free storage period to survey damaged cargo, and consigneca. | are "requested to have their representatives present Unless condignees representatives * are present at the Survey no claims can thereafter be admitted

MACKINNON, MACKENZIE-

LONDON. SILVER & GOLD

London, Oct 3. Silver, Spot, per fine oz. bad, Trade sources regard the Silver. Forward por-fine-az-56d, offering as speculative and the Bar Gold, Fine, ez. 172/3-Res-

MALAYAN RUBBER hellef was expressed that it ter.

London, Det. 2. represented metal of Mexican The Board of Trade announced are purchased before the last night, an agreement provid-August ceiling advance-Asso ing for United States purchase of slated Press. Malayan natural rubber up to a

total of 200,000 tons at a price of || NY COTTON 204 cents (United States); per

pound for, standard sheets de-

New York, Oct. 4..

REUTERS UK. INDEX

London, Out. 3. Industrials 141.2, Kaffirs: 101.9. Home

Balis 948, Commodity 292.1-Reuter.

Agents-

P&-0-8

B. LS, N. Co, Ltd. E. & A. 8.5, Co. Ltd.

PRINCE LINE

livere to ocean going steamers at f Cotton futures reached new Discharging Kowloon Wharf For Lastem ports up to Decem-season highs in heavy early

ber 31, 1946,

dealings but lost most of the 8.$. "SAMMEX" The purchase, agreed to in con- gains later under pressure of

Dng from USA, & Shanghai End Oct. Terences in Washington, will be commission house profit taking. Loads for Straite and New York-Bady in addition to the amount already. Some celling also was Inspired by purchased under an agreement uneasiness of outside markets. announced on June 21, 1948, the Private collon reports were uns announcement said, parts, favourable dat

Oct. 38.78 nominal, Dec. 3853-

and half of Opt. and half of Oct.

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

York Building

SWEDISH EAST ASIATIC CO., LTD.

HOMEWARD

MY MINDORO Now loading Hong Kong

Batik Marsellies,

GILI

Salla October 5th

twerp Rotterdams,

thembarg

Osip and

The American, purchases will

be for the Reconstruction Finance 35, March 28.15 May 37.45, July Corporation through its Sub- 24-85-99, Oct. 33,35.

E

diary. Nubber Development Cor New Orleans cotton futures poration, or a closed 30 to 165, a hale lower

"To the extent that it may not October: 38.81 pid, December. be pomible to provide for the 35.50, March 30,05-14 May 37.70, total quantity of 200,000 tons to July 36.68–71—Associated Press. be Ahloval from Malaya to the United States during the contract period, shipments will be made from stocks in the United King dom at the equivalent price of 22% cents (US.) per pound for standard sheets er United States Atlantic ports, the announcement added. Associated Pres

Gold

Finst

LONDON - DISCOUNT RATES

London, Oct. 2. Day to Day Loan 1⁄2 per cent Short Money to 1. Bank Bill

Mouth 17/32, Bank Bilbo,/1 Months 1/10

Trade BUKA Months 1 AVE RUG Month: 75 to 2

BILL 2 Months Tu

Alexandria, Oct. 1.

Agents:

JARDINE, MATHESON & CO., LTD. Chinese Freight Agents CHEONG FAT CO.

Telephone 20037

M.V. BENTONG"

Landing

10th October

Balling

11th October

FOR SINGAPORE

For freight particulate please apply

THE HO HONG CO (CHINA) LTD.

Bonham Strand Tel. 26127, & 25646-4

Babiect: La alteration withoutanolics:

SHIP

"BINFIELD".

“SILVER GUAVA”. SHIP

FROM

Bangcon

Madras

LOADS FOR

"BINFIELD" Straits, Madras Calcutta

DUB

Mid Oct 12th

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD

SHIP:

"EASTERN"

LOADS FOR

Sydney

Melbourne

For full particulars apply to

READY

15th October

MACKINNON, MACKENZIE & CO.

Telephone No-27721-4

AMERICAN PRESIDENT LINES LTD.

Speed

Refrigeration Special Cargo GV Tanks- SAILING

5.S. "NONPAREIL

SS. PRINCETON VICTORY

SS, MARINE 1

S.S. MOUNT DAY

FOR

6th Oct. Shanghai & Hd Oet New York,

“Allariție : Const 18th Oct Ban Fracchi

End Cet Singapore.

Colombo, Bum3 Buer, Port Bald, 2 andra, Naple

horn, Genon, Mazsoj New York and Bouter

For Passage and Freight apply to:- A

AMERICAN PRESIDENT LINES LTD.

61. George's B

TAK CHEONG SHIPPING CO.

“EMFIRE JAMAICA'

Loading 9th Oct.

Salling 10th Oct SINGATORE & PENANG

со