1946-10-07 — Page 7

摹

DE LA RAMA Lines LINES

M.V. DONA NATI

LOADING FOR

HONOLULU, LOS ANGELES, CRISTOBAL

& ATLANTIC COAST PORTS

via MANILA

11th OCTOBER

CHINA MAIL MONDAY. OCTOBER 7 1946

Face N.Y. Stock JARDINE, MATHESON & CO., LTD.

Rubber Estates

Keen Competition

Swedes Andducers of Southeast Asia are turning out the Russia In

Exchange

New York, Oct. 8. The stock market's first Satur

to

Boston, Oct. 6. day session alace May ended a los- For the first time in history, small unit native pro-ing week with one of the smallest lion's share of the world's natural rubber sup-give ground. During the short

Prices Reno two years, continued ply.

ecasion transactions amqunted-to In the opinion of E. G. Holt, rubber adviser of the only bourdon were fail but

United States Department of Commerce just deserted

The boardrooms returned from a tour of Malaya and the Dutch The trond, was easy with de East Indies, estate rubber that produced by cines fractions to a point or more Stockholm, Oct. §.

large plantation units is faced with the keen- Hiram Walker was off & points

predominant. Completion of negotiations est competition it yet had experienced. in Moscow for 4 Swedish- In an address before the Rub plentiful, but lack of transport Russian trade and credit ber Chemistry section of the retards production: agreement was announced to American Chemical Society, Holt British Malaya and the Nather night by the Swedish Foreign i said that the Southeast Asia mall lands East Indica-in Office.

unit

THE DE LA RAMA STEAMSHIP CO. INC. Agreement

Pedder Building

TEL: 23676

Chinese Shipping Offca

Tel: 23738/20153

BUTTERFIELD & SWIRE

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

Agents: CHINA NAVIGATION CO., LTD.

*HUPEH"

FOOCHOW" "TENGTIEN"

"POYANG"

"SUKIEN"

! “HANXANG

SAILINGS TO

Shanghai, Tsingtao & Tientsin 4 pan. 5th Oct. Singapore Macassar & Batayla 2.pam. 7th Oct. Shanghai 2: p.m. 7th Oct Bangkok + p.m. 7th Oct. Amoy & Shanghat 7 am. 8th Oct. Shanghai 4 pm. 12th Oct.

ARRIVALS FROM

Shanghai & Foochow 3th Oct..

Singapore 14th Oct Bangkok, Salgón & Swatow 15th Oct. Singapore 18th Oef

“HANYANG"

“ANHUP"

"KWETYANG"

"NINGHAI".

1

CANTON RIVER LINE :

"FATSHAN”

Arrives 3.30 p.m. 7th Oct. Salls & am. 9th Oct

- The armouncement added King Gustav of Sweden bad authorised the Swedish delega tion to sign the agreement.

Communiques will be issued simultaneously in Moscow and

Stockholm when the Swedish the world natural bour in that area. Efforts'

delegation returns home

tour

of

on 200 shares Chrysler 14; U.S. Rubber International -Har vester 15% General Motors 14 and Santa Fe Bellies Insluded: U.3. Steel,

Schepies. Geberal Ansconda, Fernsylvania Southern. Ward, American Telephone,

Johns Manville.

Electria and Backward in the curb market. were Northern States Power, and Cuban and Atlantic.

The Dow Jones averages: 20 Industrial 165:00, 15 Rails 46.79. 10 Utilities 34.38, Stocks 60.59

Closing quotations:

SHIRPING DEPARTMENT:

16 Poddar Strech

TAL 30311)

General Managers.

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

S.S. “MAUSANG" SS. TAKSANG SS, "KUTSANGE? S.S."WINGSANG" S.S. "ESANG" S.S. "WOSANG”

S.S. "KUTSANG" S.S. LOKEANG"

SS. "EMPIRE TARRAR" S.S. ESANGY

S.S. EMPIRE

$S. "MAU

SS. EMPIRE FRASE 5.S. “TAKSANG” S.S. "WINGSANG”

producers could turn out 60 capacity is judged at 600,000 per-chat of the world's natural tons Holt estimated the producery wash year. Moatom 3.S. "WOSANG compared with the 45 per cent tona while for 1847, he set at rubber, both this year and 1947; Hoh this year would be 32990 prewar. Holt predicted that estats 450,000 to 500,000 tons. Holt afd production would slump propor- that there was little prospect of tionately.

overcoming the shortage of - ste following his being made to obtain labour from the American | India and Ching. The negotiations began last rubber expert said that the Orien- May and in August the United estimated 600,000 tons during countries would produce an States sent Notes to Moscow 1940 which, he said,.. would be

Due to political uncertainties in and Stockholm protesting the about 40 per cent of capacity. For the Indies. Holt said, up-ip the proposed agreement on the 7947, be

6% American Can 82, present the Dutch said that those areas ground that it would be a would turn out an expected 95tion and sale of stocks in the rub-works 15%

Smeking 50, American bilateral deal

rubber has been limited to callce Telephone 172, American Water- "which would 000 tona, which would be slightly conflict with the United under 69 per cent of capacity,

ber ports, stimulation' of native

Anaconda Copper 37% Aviation rabber production and trade in Baldwin Locotpotive 20%, Barns Corporation 7, Nations plans for expanding multilateral

Borneo and Celebes and other-dall 211 commerce,Reu

Benjil Aviation small islands-under-Dutch juris Bethlehem Borden Co

Boeing Air-

ter.

Depression

Arrives 6.30 p.m. 11th Oct. Ahead?

Sails 11 am, 13th Oct.

Agents: BLUE FUNNEL LINE

UK. SERVICE

Salling

"PROMOETHEUS"

11th Oct.

11

For Port Sald, Liverpool via Straits

21st Oct.

Arriving

"ANTILOCHUS"

-“SAMAFFRIC”

"ANTILOCHUS"

"SINKIANG"

"LYCAON"

12th Oct.

Mid. Oct.

"Mid. Oct.

NEW YORK SERVICE

From

UK. via Straits -do-

-do

-do--

Arriving

From

"GLAUCUS"

2nd week Oct:

Salling

Mid Oct.

New York

For

New York via Suez.

Agent:

"EURYBATES"

"AUSTRALIAN - ORIENTAL LINE, LTD.

"YOCHOW"

Arriving

Mid. Oct.

Trom

Australia

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

DOUGLAS STEAMSHIP CO., LTD.

S. S. "Halyang":

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

Subject to alteration without Notice,

For Particular of Freight & Passage.

Please apply to:-

DOUGLAS LAPRAIK & CO.

General Managers.

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

JO

CHINESE SHIPPING DEPT.

Connaught Road, Central Tel. 24639

BEN LINE STEAMERS LIMITED.

BAILINGS TO UE VIA STRAITS.

$5. BENLOMOND"

SS. "BENLOMOND”

"BENCRUACHAN”

FREIGHT ONLY, VESSELS DUE

LOADING

Discharging Kowloon Whart

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

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

York Bailding

Tal. 54168.

SWEDISH EAST ASIATIC CO., LTD.

OUTWARD

discharging Hong Kong end October, discharging Hong Kong mid November,

loadi

Hong Kong mid November

terdam, Copenhagen, Oals and

Political Changes Following his theme that-rative producers are growing la hapor tance, Holt stated that political changes in Southeast Asia grow ing out of the war which will make any measures more restric tive of production, by natives than of production on estate a sears legs feasible than in prewar years ine on lower east Busts than the Stan Unit producers are operat estates, Holt said. and American purchases during 1946 "have bren definitely stimulative of native production."

Detroit, Oct. 6, President Walter Reuther of the C.1.0. United Auto Workers, today asked automobile manuface turers to join him in petitioning President Truman for a national labour-management conference to head off a possible depression. The lack of trade goods Sharp curtailments in produc- throughout the Asian rubber areas tion and continuing unemploy- le hampering production. Holt ment in the industry increase the top higher prices. He said that said and this condition is making need for such conference, the the United union leader said. **

ESS!! the The logical consequences of by making available ample sup

Orienta rubber could

production greatly curtailed production in the auto olics of cotton goods, badly need Industry are depression and un-ed by the peoples of those areas. employment for the nation," he said. The sharp drops in the atock market Indicate those con- sequences may not be too far off."

Associated Press.

NEW CAB

Later Sources

activities press 14%, Alanka

22

47, Cana-

1946, Holt estimated that dian Pacific 13 J. L. Casa 37%, these areas would produce 55,000 Chrysler, 38, Colgate 48-Com- tons and in 1947, some 135,000 mercial Solvents 2211, Dupont de tons.

At present. Holt concluded the Power 15. General Electric 38 Nemours 180. Electric Light" & the sounds gritish lace are General Motors 51. Goodrich estimated that the amount of Mining 37 International Harver Liberia and Malaya. He 695 Goodyear 53, Homestake latex shipped from the Orient during 1948 will not exceed 4,000 International. Tel &

ter 13.

Paper 1, International topa and during 1947, might in-Johns Manvi

70 crease to 12,000 to 20,00 ton Johns Manville. Associated Press.

U.S. Cotton

New York, Oct. 6. Trade buying and hedging caus- ed an irregular trend in cotton futures Saturday.

Wazd

1035 Montgo canecott |

122, National Distillers National Lead 30. New York Central 15%; Packard Motors Pan-American Airways 31%. Pennsylvania RR 25, Radio Cor noration 10. Republic Steel 26%, Reynolds Tobacco

37.14 Schenley 63% Seara Rochack 38% Secony Varuum 14%. Southern Pacific dard Oil of Callf 63, Standard

Stasdard Brands 40 Stan Oil of NJ 67. Studebaker 20 Deferred contracts were, the Union Bar 27%, Union Carbide strongest buying in this section of 98% U.S. Rabber 67. U.9. Steel He said that political conditions the list and again reflected trade, 48%, Westinghouse 26%, Young- were a hampering factor in pro- ideas that the Government Oct. 8 town Sheet & Tube 61-Asso- duction in the Netherlands East report will be at least 200,000 ciated Press. Indies, while lack of labour is the bales below the Sept. 1 climate chief retarding factor in Malaya or and Indochina.

Labour Short

and were easily influenced by or,

Prices moved over a wide range

ders in either direction.

5 closed 35 cents to $2.75

SILK SALES

Washington, Oct. 3. The United States Commercial - March" 38.10-17, May 37.71-75 Company.

Reconstruction himanstry July 37.00-02, Oct. 39.57-58.

Fingacé Corporation subsidiary

Chicago, Oct. 3.

a bals higher Dee. 38.49-52, The Tucker Corporation an- various rubber producing areas :: Oct. 38.70′′ nounced arrangements for offer as follows:

Slam Siamese Ing $20,000,000 in common stock

rubber" have been completed finance a probable capacity of 60,000. New Oricans cotton futures ad-importing Japanese raw silk said the production of a new Tear 1946 is expected to be 20,000 tons ing Saturday,

fons

annually. Production in vanced on week-end short cover they hoped to sell an increased engined Tucker. "Torpedo" auto- and double that amount in 1947. were very steady 60 cents to 1.5 ed in New York Oct. 10. Dis Closing prices, amount at the fourth sale, schedul mobile,

The Corporation President,

Principal bottlenecks there qa bale higher

posal by open auction is

is replac Preston Tucker, said he planned transportation. bota by rail and Oct. 38.48 bid, Dec. 3843-46, ing previous sealed bids. to have production models of the sip, and the last of incentive March 38.16-8. Mag 37.00-73 USCG declined to comment .on

July 36.86-Associated Press. 150-horsepower automobile, ready Roodź, ***

changed for a test demonstration by the with the United States and

The Slames.

disposal method bui are anxious tö

# is generally understood that first of the year, quantity produce can represent an important

this is an effort to increase sales tion is expected sometime after March 1947-Associated Pres

Holt reviewed condition in the tofu 1000 batc

POOR FISHING

San Francisco, Oct. 3. California's sarding industry continued to run at a snail's pace during the week-ended Sept. 25.

The absence "of nilchards from

northern California Waters my's:

started in August.

factor in future trade relations. between the two countries. Helt

Indo-China

the

CHICAGO GRAINS which lagged recently. Approxi

- Chicago, Oct 6 mately 5,000 bales are slated to All grain fshirts savanced be offered on Oct. 16.—Associated Saturday with nearby deliveries Press. showing the largest up tuzi on trade reports. French Indochina-the rubber

that the Government Industry there is nearly all estate 000,000 bushels of wheat from would attempt transfer of 100,-

U.S. COTTON owned, totalling 330,00g areas the Northwest before the Great

New York, Oct. 4. Capacity for production is ex-Lakes navigation closed.

Cotton futures - declined under timated at 80,000 tona at present.

hedge selling by commission This year's crop is expected to bo

Traders felt the boxcars needed gares profit taking and cred

the movement of this grain cents to $1.60 a bale lower. Ex- about 20,000 tons, duo pri- would

of

fishermen since the early to labour scarcity 40 the shipment the shortaze for-treme losses were cut by m

bech

un disturbances made to re- terminals.

being

SAILINGS

to Strails & Cald

to Labuan, th

to Shanghai A

to Shanghat.

to Singapore via. Saigon 9th Oct. to Keelung 17415 Oct.

·ARRIVALS.....

from Calcutta & Straits Ath 8th

from Calcutta & Singapore from Straits vin Saigon IN PORT

(Ben Line. Berth)

Custodian

Subject to alteration without notice.

All' intending Passengers are requested to register their names far as possible in advance of the time at which they we

Agent: GLEN LINE LTD.

S.S. GLENAFFARIC"

5.S. "SZECHUEN” MV. DENBIGHSHIRE

Arrd from UK. Discharging TA koo Sugar Refinery: Loads for Fot terdam, Antwerp, Amisterdaini London 10th Oct,

Afrd. from UK Buc dize from UK.

Managing Agents: AUSTRALIA GHINA LINE

9.5. "FERIOD“

due froin Sydney Mid:

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

Ship

“BENALDER”

U.K.

"OTRANTO

UK.

"EMPRESS OF

AUSTRALIA"

UK.

"TREVETHOE"

U.K.

"GLENIFFER" "TREVAYLOR

·U.K..

*due Singapore 8th Oct,

Ship

Loads For

"SAMETTRICK”

Straits, Bombay & UK

Mid Ostöber

Accepts cargo, for LONDON, ANTWERP & ROTTERDAM

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SUP

"BINFIELD"

"SILVER GUAVA! SHIP.

"BINFIELD"

FROM Rangoon

Madras

LOADS FOR

Straits, Mad ras, Calcutt

DUB Mid-October

12th October

·BEADY

d-October

cotton futures EASTERN & AUSTRALIAN STEAMSHIP CO., LTD,

Southern. California fishing

corn. atis onts to buying and short covering, j; started on Gel-1, with indications

Oct. 38.68, Dec. 88.33, March Erorts 41 that normal rugsbäve

Wheat closed 15-% higher, 37.94-95, May 37.43-46, 7

July 36.33 diverted in that directia cuit Chinese labour from Canton January $2.03% sociated Press.

March $1.08; nominal. It is and Festools sucessful, pould, Kay 41.14%

New Oritans co Corn was an one to two cents, closed $1.30 a bale lower to 10 RECORD OUTPUT Capacity for more

British

than 60,000 January $1.36%,

cents higher; s Oats were up Washington, Oct. 2. tons of rubber per year. Holt es November 84% Farm machinery output reach-timated. Production for 1046 is

ciated Press. ed a resped dollar value of $66; expected to be 25,000 táng "and 767,000 in August, 13 per cent 59,000 tons for 1947, Labour In over July, the Civilian Production

Adininistration announced.

The agency said that 73 ne

cent

of the August, allocation wa

for export compared to 9 percent In July,

Included. In exports were 17.2 per cent of the 28.420 tractors produced. Asspelated Press.

WOOL SALES

Sydney, Oct. 3.

Greasy merino wool sold at 41

1

BOMBAY SILVER

GOLD

Bombay, Oct. 5.

Silver

Bilyer. Forward

Gold

pence a pound in the Sydney sales Gold Forward yesterday reflecting the firm Characteristics

auctions this week,"

- Kupees Annás

16808 per 100 tolas 102 12

Der 100 colas

12

per told 2300

per tola

the previous | Sovereigns unquoted-Router.

SILVER PRICE

"At the New Zealand agles in Christ Church yesterday best prices" were 26%, * pence" for two? New York, Oct 4, Lots of half-bred Horrett, and 27 The official quotation on silver Denco for South Island tire wool lowered yesterday, to 89 cents an

Press,

ounce by Handy and Harman, billion dealera, was certored to day to the previous level of 90% cents.Associated Press

Athens, Oct 4. The Finance Minister has an thorised the Bank of Greece to e- fume, the servicioz et arrear

New York, Oct. 6. coupons up to April 11041 01 Sharp and Dome declared a 25 foreign loans unpaid during the gent dividend, payable Nov, 1 to Har Bayment will take place in stockholders of record Det. 8. Ip drachmas at parity with Karels followed similar dividende exchange and Intereacrates March and Askust, and was the Agroed with foreign, hokiera

then

| Drst time in wears a third dividend

San Francisco, Oct. 1.:

- Unofficial estimates at the Bánk

declared. Associated

New York, Oct. 0,

of America head ofice Indicate it Export circles said "Argentins |maintained, world "Izadership in expuriers were offering torn Tar: the size of resources-and-deportia shipment at the equivalent of in the third quarter with

$1.00%) bushel-compared wiška. pozit rise of $30,000,000

Che United-Blaster December cort level fob the Atlantic sea- mated total

Board of 31:59-Associated Press.

National Cy

-2%- cents, cents-85 Anso March 38.00-02, May 37.53-66, Oct. 38.88 bid, Dec. 38.30-31,

||July 36,65-73.—Associated Press.

PRINCE

S.S. SAMMEX"

LINE

Due from USA. & Shanghai End Oct. Loads for Straits. and New York Early November

Agents:

JARDINE, MATHESON & CO.

Chinese Freight Agents: CHEONG FAT CO.

Telephone 20037

BURNS, PHILP & CO., LTD.

S.S. "MAROSA”

from Australian Forts Expected arrival

27th October, 1846,

For further particulars apply to

GIBB, LIVINGSTON & CO., LTD.

P&O Building

SHIP

EASTERN"

LOADS FOR

Sydney & Melbourne

For full particulars apply to

READY

Mid October

MACKINNON, MACKENZIE & CO.

Telephora Nos. 27721-4.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency

Refrigeration Special Cargo G Tanke

6.3 "NONPAREILZ 5.8, "PRINCETON VICTORY" 3.8. "MABINE LYNX

SiS. "MOUNT DAVIS"

irgocaire-Spers BAILING JOB

7th Oct. Shanghai & Now 16th Oct. New York 18th Oct. San Fra

End Oct this

Colombo, Bombas Suez, Port Sad andra Naples ter horp, Genoa, Misrapilles,

York and Bosto

For Fastage and Freight apply to de AMERICAN PRESIDENT LINES LTD.

Tel: 28031 & 31178.

8k George's Elde

MY BENTONG"

Landing

Octobe

FOR SINGAP

THEHO HỒNG D

TAK CHEONG SHIPPING CO.

JAMAICA

ING