1946-10-11 — Page 7

THE CHINA MAIL FRIDAY, OCTOBER 11, 1946.

Pago

DE LA RAMA LINES Vital Premise Of U.S. JARDINE, MATHESON & CO., LTD.

EXPRESS CARGO LINER SERVICES ·

TO AND FROM PACIFIC & ATLANTIC COASTS

SAILING FOR

VESSEL

S.S. HALEAKALA

M.V. DONA NATI „

DUE- 11 Oct. 16 Oct.

Manila (Passengere only) Pacific & Atlantic Coasts via

Honolulu & Manila.

THE DE LA RAMA STEAMSHIP CO; INC.

Pedder Building

TEL: 23676

Chinese Shipping Office

Tel. 23738/20153

BUTTERFIELD · &

SWIRE

1. CONNAUGHT ROAD CENTRAL Telephones: 80931-8 Private Exchange.

Employment

(By Sydney Gampell, Reuters City Editor)

London, Oct. 9.

Plan

The vital premise of "approximately full employ New York

ment in last December's Washington pro-

posals for the International Trade Organisa- Exchanges

tion has been watered down in Washington's proposed new charter to "useful employment pportunities for those able and willing and seeking to work."

The identical watering down in what was origin- ally the United States full employment bill was regarded, according to viewpoint, às rat- ting or realism. Probably it is the latter, but what matters is not the expression of aim but the concrete measures taken and not merely

etorically proposed to attain it.

Australia, New Zealand and monopoly will be subject to nego- other countries have consistently tinted reductions in the

way as tariffs.

Agents: CHINA NAVIGATION. CO., LTD. pressed to strengthen this full em-

*HANYANG

"ANHUI" ""TSINAN" "FENGTIEN

"ANHUI" “KWEIYANG" "NINGHAI" "SHANTUNG"

“FATSHAŃ"

SAILINGS, TOB

Shanghai 4 pm, 14th Oct. Amoy & Swatow 7 a.m. 15th Oct Swatow & Bangkok 15th Oct. Singapore, & Penang 4 p.m., 17th Oct. ARRIVALS FROM

Singapore. 14th Oct. ... Bangkok, Saigon & Swatow 15th Oct."

Singapore 16th Oct. Shanghai 17th Cef.

CANTON RIVER LINE

Arrives 5.30 p.m. 11th Oct. Sale 11 a.m. 13th Oct. Arrives 1:30 pm, 15th Cet Sails 1 a.m. 17th Oct.

Agents: BLUE FUNNEL LINE

"PROMOETHEUS"

#ANTILOCHUS"

"LYCAON",

UK SERVICE ·

Sailing

16th Oct.

Mid. Oct.

For

Port Said, Liverpool vin Straita.

do...

From

UK, via Straits werdomm

21st Oct. Arriving

"SAMAFFRIC" "ANTILOCHUS"

... Mid, Oct.

14th Oct.

"SINKIANG"

do

21st Oct.

do

NEW YORK SERVICE

Arriving

From

"GLAUCUS"

3rd weelt Oct.

"EURYBATES"

Sailing

15th Oct.

New York

For

New York via Suez.

Agents:

AUSTRALIAN - ORIENTAL LINE, LTD.

"YOCHOW"

-i.

"YOCHOW".

11

Arriving

28th Oct.

Sailing

5th Nov,

From

Australia

For

Sydney, Melbourne

All The Above Subiect 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 the 13th October

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.

BEN LINE STEAMERS LIMITED.

HAILINGS TO U.E. VIA STRAITS,

$5. "BENLOMO

FREIGHT ONLY.

VESSELS DUE

LOADING

ployment provision but Washing- ton's new charter seems to weaken it.

Washington seems genuinely hurt by Indian, Latin-American

and other suspicions of Washing

ton's motives about industrialisa- tion of backward countries,

The charter commits. it to en- courage it and calls on it to formulate recommendations.. But again there seems nothing con- the statement that erete excent "by providing technical assistance and other types. of ġid," the United States hopes to persuade“ these countries against unduly restrictive tarif_policies.

Bulk Buying

are

The United States Department of Agriculture already implies that an inter-governmental cartel will be needed for whent's over- production, after the 1947. har- vest, when it says that large sur pluses will again accumulate "unless means

effective to curtail production." "

The State Department, how- ever, fayours a much more tem- porary and milder type of inter- governmental cartels than do the United States Department of Agriculture and the Food and Agriculture Organisation which postulate powers that private car- tels would never have dreamed of arrogating.

Washington's handle the question of bulk buy- ing by stipulating that the max- gin' between the cost price, and selling price, of any governmental

charter trics ta

N.Y. Stock Market

New York, Oct. 10. Stock leaders skidded one to around seven points on heavy seiling as the market suffered its sharpest break in more than two weeks.

The carly downturn was led by rails, some motors and industrials. while steels softened under the impact of noon hour offerings

} Customs Union

same

But it is common ground though not openly admitted that any government could find waya of circumventing these proposals by bulk buying if it were de- termined to do so.

The customs, unions, for ex- ample the projected Belgian Dutch customs union. are speci- Really, exempt, although they of course provide

a much greater "preference" than

any. Empire preferences.

The United States itself is a customs union of 48 states.

Now York, Oct. 3..

4.08-3/16;)

American A/C-Sterling 408-11

3 Months 4.03-5/16, 4.03-7/18, On

Sweden 27.86 offered, France 84. 84; Switzerland (Official) 24.00. 24.25, Switzerland (Free) 24.60, 24.90, Spain 920, Portugal 4.04b, 4.06a, Australia 3.23, New Zealand 3.25, South Africa 4.024, British East Africa-20.25, India 30:29, China unquoted Argentine (Off- cial) 29.78, Argentine (Fra) 24.68 offered, Brazil 5.45, Bolivia. (Official) 2.00, Bolivin (Free) 2.38, Chile (Official) 5.18, Chile (Free) 3.25, Chile (Export) 4.00, Colom- bla 56.98. Caba 100, “Ecuador 37.78, Mexico 20.57, 20.61, Peru 7.60n, Guatemala 100, Holland

15.50 offered,Uruguay 56.00, 56.50, Venezuela 29.90, Nether land West Indies 53.06, Dutch Guiana 53.35, Montreal on London 4.02. Montreal on New York 95,875, Swiss Bank Notes rate 20.00,

31.00, Belgium Frane 2,275, 2.284-Router.

BOMBAY SILVER

GOLD Bombay, Oct. 9.

Gold Delivery

Fall employment (in a rather diluted version) is the vital premise of the system which the Silver, Ready United States proposes. If that system can in fact prevent Bri- Silver, Forward tain ever having a slump, the question of curing it by additional exparts cannot arise. But if not Britain will tackle the slump on Gold Forward realistic lines and will get to work to pay her debts instead of Sovereigns having the twin blessings of n- employment and default-Reuter-Reuters...

Rupees Annas

170 .08 per 100-tolas,

163 12

SHIPPING DEPARTMENT "18. Pedder - Street

Teil 30311.

General Managern.

INDO CHINA S. N. CO., LTD.

5.S. "WOSANG

S.S." "WOSANG"

̈8.9. "EMPIRE FARRAB”

SS. "EMPIRE WITHAM”. S.S. "EMPIRE FRASER"

SAILINGS

ARRIVALS

to Keelung 17th Oct

from Straits via Salgon 15th Oct. IN' PORTS:

-Kowloon Bay, (Ben Line Berth) Kowloon Dock. Cosmo Dock.

Subject alteration without notice..

to

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

5.9.

Agents: GLEN LINE LTD.

S.S. "SZECHUEN” M.V. DENBIGHSHIRE. $.5. "GLENSTRAE"

Taikoo Sugar Refinery. Now load- ing for Rotterdam," · "Antwerp, Amsterdam & London. Saily 13th Oct,

Arrd, from UK-Buoy B.3. due from UK.--end Oct. Due from Shanghai 14th Oct. Loads for UK Rotterdani Ant- werp Amsterdam--November,

Managing Agents:

AUSTRALIA CHINA LINE

S.S. PERIOD"

M.V. NEWBROUGH

OG

her tola

•per 100 tolas

100

13 14

65

per tola

DODWELL & CO., LTD.

Agents for

DODWELL-CASTLE LINE BARBER-WILHELMSEN LINE

Regular monthly sailings to the U.S.A.

12

Each

due from Sydney Mid. Oct. .....due from Australia — Carly Nov.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

S.S. "LAKE NIPIGON”.......... due from Vancouver carly Nov.

Bhiy

"BENALDER"

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

Due

Mid October 18th.October

20th October End October October November November

"OTRANTO".

From

J.K.

U.K

"EMPREÁS-OF

AUSTRALIA" “SAMLAMU".

U.K...

Bombay

"TREVETHOE"

4.K.

U.K

U.a

Loads. For

"GLENIFFER”........

In port:

M/V Stanhall"

Due to arrive:

“TREVAYLOR"

Ship

M/V "Rondeau Park"

S/S "Norelg

14th October

Middle

"Sammont"

that flooded the ticker and left Hongkong & Shanghai Bank Bldg. the tape two minutes behind for

a short period.

Prices steadied but retreated again near the close with final quotations of many issues at new lows for the year of longer.

Chrysler was a weak spot, re- flecting the curtailment of opera- tions. Packard dipped frationally on a 20,000 share bloc but Gen- eral Motors held close to pre- vious levels:

Major losers included United States Steel, Bethlehem, Youngs- town-Sheet, and Metal, Southern Railway Union Pacific, Santa Fe, Kennecott Copper. International Harvester, Goodrich, Eastman. Kodak, Coća Cola and Mont- gomery: Ward

The seiling was regarded by some brokers to a feeling in some quarters that the list had not reached the low point of decline.

The Dow Jones closing aver

ages:

20 Industrials 103.12, 16 Rails 44,69, 10 Utilities 83.20, Stocks 68,53,

Closing quotations:

Adams Express 13%, Alaska Juneau 5 American Can 70%, American Belling 48, American Telephone 170, American Tobacco 774 American Waterworks 14%,

יו'

End October

Telephone 28021.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency Dependablikty

Refrigeration Special Cargo GR Tanks Cargocaire-Specsa

SAILING FOR

AS. PRINCETON VICTORY" 18th Oct: New York & other

S.S, "MARINE LYNX".

8.S. MOUNT DAVIS"

S.S. "CLOVIS VICTORY”.

8.8. "MOUNT. ROGERS"

Atlantic Coast ports. 18th Oct. Säri Francisco va

Manila. I End Oct. New York and Boston via: Singapore & Saez. End Oct. New York and Boston

via Panama,· Early Nov. New York and Boston via Bingapore & Suez.

For Passage and Freight apply to: 9 AMERICAN PRESIDENT LINES LTD.

81. George's Bidg,"

Tel. No. 28172/28175-

Ready

15th October

End October

“SAMETTRICK”

Straits, Bombay & UK

Accepta cargo for. LONDON, ANTWERP & ROTTERDAM "SAMLAMU - Straits, & Bombay

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SHIP

FROM

DUE

"SILVER GUAVĀ”

Madras

12th October

"BINFIELD

Rangoon

Mid October-

“PASHA”

Calcuice

End October

SHIP

LOADS FOR

READY

Straits, Madras, Calcutta.

"BINFIELD",

'End-October.

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

SHIP

"EASTERN":

LOADS FOR

Sydney & Melbourne

For full particulare apply to

READY

18th October

MACKINNON, MACKENZIE & CO.

SWEDISH EAST ASIATIC CO., LTD. SAMMEX

Anaconda Cooper 36% Aviation MV. NAGARA Corporation 6 Baldwin Locome. MV. BENARES. tive 19, Barnsdall: 22%, Bendix M.V, VABAHOLM Aviation 12%, Bethlehem Steel.

94. Boeing Aircraft, 22, Borden

Co. 46, Canadian Facile 12, J. M.V. NAGARA

Caso 35, Chrysler 79%, Colgate

I

about 22nd Oct.

14th Oct,

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

York Building

M.V. "BENTONG"-

Loading

October.

Sailing

Tel 56166

11th October FOR SINGAPORE

For freight particulars please apply:

THE HO HONG CO. (CHINA) LTD.

Bonham Strand W. Tel. 26127 & 25616 Subject to alteration without notice

46% Commercial Solvents #1, Corn Products 61 Dupont de Nemours 170, Eastman Kodak 201, Electric Light & Power, 1871, "General": Electric 36% Goodrich C5% Goodyear 1 Komestake Mining 2:20, International Her- vester International Paper 40%, International Tel & Tel 16% Johns Manville

zecott Copper 42 Montgomery Ward 65 National Distillers 21 National Lead 29, New York Central 14% Packard Motors-6: Pan-American Algways 14, Penn- sylvania RB 25. Radio Corpora tion 9% Republic Steel 26%, Rep nolds Tobacco 875, Schenley 50%. Bears Hoebuck 37, Shell Oil 20%. Bocony Vacuuma 14, *** Spydery Facific 1 30 Standard Branda

| 30%, Standard Oil of Calif, 50%, Standard Oil of NUX, 65, Stude baker 185; Union Baz 27, Union Carbid. 89% Westinghouse - 24, U.S. Rubber 62% Westinghouse 24, Youngstown Sheet & Tube 59.

Associated Press.

OUTWARD

discharging Hong Kong 28th October. discharging "Hong Kong 20th November. discharging Hong Kong 25th November. HOMEWARD

loading Hong Kong 10th November.

Port Said, Marseilles, Antwerp, Rotterdam, Copenhagen, Ozla and Gothenburg.

(Also Genoa for inducement)***** For further particulars, apply to

GILMAN & CO., LTD.

Agenta, Telephone 27871

M. NEMAZEE.

S.S. “ORADELL”

Loading, 16th October Sailing 17th October

For Swatow and Bangkok

For Freight & Partieniars

Apply M NEMAZEE

Prince's Buildings,

Telephone 81186/7 & 88781.

8-S.

Telephone Náx. 27721-4

PRINCE LINE

Due from U.S.A., & Shanghai End Oct. MID NOV.

M.V. "SCOTTISH PRINCE"

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

Jephone 20037-

TAK CHEONG SHIPPING CO.

"EMPIRE JAMAICA”.

Loading 11th

12th Oct Salling 13th Oct. 6 p.m.

SINGAPORE & PENANG

S.S.MAIWARA”

Loading 19th Ort

Sailing 11th Oct.

For HAIPHONG VI MACAO"= For Freight & Particulars please apply TAK CHEONG SHIPPING CO.. Whiteaway Laidlaw Building, Tel 25125.