1946-10-29 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LİNER SERVICES-

TO AND FROM PACIFIC & ATLANTIC COASTS.

SAILING FOR

Manila (Cargo only).

VESSEL

DUE 8.S HALEAKALA 30th Oct.

Late Nev.

M.V. BENGALS

Early Dee. January

Pacife & Atlantic Coasts. Pacific Coast.

M.V. DONA

ANICETA

M.V. BALI

Pacific & Atlantic Coasts.

THE DE LA RAMA STEAMSHIP CO. INC.-

Pedder Building.

TEL: 28676

Chinese Shipping Office

Tel. 23798/20153

BUTTERFIELD & SWIRE

1. CONNAUGHT ROAD CENTRAL.

Telephones: 80831-8 Privata Exchange,

THE CHINA MAIL, TUESDAY, OCTOBER 29, 1946,

LaGuardia Warns Of BUSINESS JARDINE, MATHESON & CO., LTD,

Another Food Crisis PESSIMISM

New York Tendency Lower

Irregularly continued

New York, Oct. 26.

lower tendencies prevail

on Wall

LU

Street today. with Bluctuation ranging up to one point.

Washington, Oct. 28.

Detailed analysis of China's economy is made in a report sent today to Dr. Trygve Lic, Secre- tary-General of the United Nations, by Mr. Fiorello LaGuardia, Director-General UNRRA.

to

of

Agents: CHINA NAVIGATION CO., LTD. y ffected the profits of many if the countries can obtain foregraphical position, its economic

KHANYANG" "POYANG" "HUPEN"

"HUPEH"

#NEWCHWANG"

"FATSHAN"

SAILINGS TO

Shanghai 4 p.m. 29th Oct. Shanghai 4 p.m. 31st. Ort. Shanghai, Tsingtar & Tientsin 4 pm. 5th Nov,

ARRIVALS FROM

Tientsin, Tsingtao & Foochow 2nd Nov. Singapore 3rd Nov.

CANTON RIVER LINE

Sails 11 a.m.. 29th Oct Arrives 1 pm. 31st Oct, Saile 1 am. 2nd Nov. Arrives 3.30 p.m. 4th Nov,

Agents: BLUE FUNNEL LINE

UK SERVICE

From

Arriving

Early Nov.

UK. via Stralis..

Mid Nov.

Salling

**GLENAFP"

"SINKIANG"

For

"GLENSTRAE"

1st Week Dec.

L'pool via Strait.

NEW YORK SERVICE

Arriving

"GLAUCUS”

AUSTRALIAN

"YÒCHOW"

3th Nov.

From

New York.

Aganis: ORIENTAL LINE, LTD.

Salling

2nd Nov.

For

Sydney, Melbourne

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

DOUGLAS STEAMSHIP CO., LTD.

S.. S. "Haiyang". Sailing for Swatow & Amoy on or about 31st 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.

of

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

AMERICAN PRESIDENT, LINES LTD.

Speed-Frequency-Dependability

Refrigeration Special Cargo 04 Tanks-Cargocatre-Specie

8.3. “CLOVIS VICTORY”

8.8, "MOUNT DAVIS" -

BA. “MOUNT ROGERS”

RAILING

FOR

30th Oct. New York and Boston via San Francisco, Los Angeles and Panama,

30th Oct. New York and Boston via Singapore & Suex. Early Nov. New York and Boston

·la ̈Singapore & Suez

SS. VANDERBILT VICTORY" 26th Nov. New York & Boston,

vin San Francisco, Los Angeles and Panama. For Passage and Freight, apply to:- AMERICAN PRESIDENT LINES, LTD.

B. Gazzy's Bldg.

Tel. No. 18177/18176

S.S."QUANZA"

at the Companhia Nacional de Navegacao

salling beginning November from Hong Kong to Lisbon via Ports

Accepts Cargo and Passengers

Inforzation apply to:

H. NOLASCO & CO., LTD.,

Stock Exchange. Buliding, Bth floor.

Telephones: 20164, 20131.

IN U.S.

SHIPPING DEPARTMENT

16 Pedder Street

Tel. 30311.

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

New York, Oct. 28. The National Associa- tion of Purchasing Agents said today "the trend to better business ss. "KWAISANG" has apparently been 5.S. KUTSANG” halted and the general SWDSANG" feeling is pessimistic."

5.S. "ESANG"

SAILINGS

to Sandakes 30th Oct ...... to Straits & Calculta $1st Oct

-to Bangkok End Nov. to Strats & Calcutta vin Saigon 5th Nov. ARRIVALS

from Straits & Salgon 1st Nov.

IN PORT

from Keelung 29th Oct. from Takao 30th Oct.

from, Shanghai 2nd Nov,

Cosmo Dock

Buoy A.2, Buoy B.B..

Subject to alteration without notice.

In his report, Mr. LaGuardia said that unless effec- tive international assistance is planned im- mediately the nations aided by UNRRA may face another food crisis in 1947. The report is for submission to the General Assembly of the United Nations. The report, cùtitled "Economic 1. Currency over-valuation Recovery in Countries Assisted where Inflation pushed prices out The Association's Business Sur- Favourable corporate reports by UNRRA," was made at the res of line with the rate of exchange vey Committee said in a state- SS. "ESANG" and prospects buleterad assorted quest of the United Nations As and commodities became too exent reports from many arent S.S, "WOSANG" tasuca Walle

elsewhere current sembly and contains detailed pensive for foreign buyers. This Indiente we may be approachings. "LOKSANG" strike news and pending settle-analysis of the economies of applied to most Chinese exports what might be termed an indus- ments dampered sentiment.

trial buyer's strike.

5.3, "WINGSANG” Italy, China, Yugoslavia, Austria, and to Italian exports in 1945. Experts point

out that high Albania, Poland and Czechoslo 2. Disappearance of the Ger- fantastle that purchases cannot be "Prices in many cases are co rasts and disruption of operations vakin owing to shortages etc. natural-

Germany's "Food defielts can be met only man mark-due

Justified. Shutdowns due to strikes S. "EMPIRE ÈRASER"" and material shortages, pre seri 35. "KUTSANG resources and exploitation of ously affecting the pay income of companies and its is hoped that eign exchange to finance the

political power the trade of cust- further important price rises will

1.5. "KWAJSANG” imports," Mr. La- necessary

industrial workers and a drop ju not be necessitated by the course Guardia said. "If importa cannot era and southern Europe was un-

duly concentrated on

buyers and consumers demande is Germany of nearby events. if stiffenedbe financed. there countries can

bound to result, several year

Before the war. To buyers' resistance is to be avoid- well face another food crisis in ed. Automotive and other affi-1947, which would sat back their day, this export outlet has illa-

altogether. cials are already warning on this slowly recovering industry, and appeared altas

3. Inadequate inonetary shatter their precariously poised

rangemants-trade among eastern Many issues failed to appear on financial structure." the ticker-tane as the market on

and western European countries balance declined for the fifth Ruc-

the framework cessive session in very dull trad-accompanying the report that if clusively in

The Association qualified its re- ing

Provision barter arrangements,

the Chemicals.

mit to the United Nations Assem- for balancing trade in both dire port by adding "nevertheless tobaccos, slees, biv concrete proposals on how re-financing trade in both direct backing of unfilled orders stili farm implements foods and lief needs should be met after of such agreements, tends to res

appears to be on the increase. M.V. DENBIGHSHIRE dustrial specialities featured the UNERA terminates its deliveries strict the international turnover and further increases in produc M.Y. "GLENAPP

Employment is at a high level 4.v, "GLENSTRAE" decline, while leading rails, arin-

The final factor restricting imod valame are limited only by a ings, motors, oils and rubbers Anished unchanged to slightly

ports was listed in the report es higher..

political dificulties," which have Prevented even barter agreements from being concluded between, a number of countries,”----Reuter.

score.

The market closed irregular- fleuter.

New York Metals

New-York, Oct. 20.

Car shortages are beginning become

very serious. Coni and iron mines are having to curtali operations because of this short intending Passengers are requested to register their names as age and mare industries will be

far as possible in advance of the time, at which they wish to leave affected

Mr. LaGuardia said in a letter is being conducted almost ex-lon improve unless the situa-

requested he is prepared to sub

Low Crop

The report is by far the most detailed economic appraisal of China and eastern Europe publica- ed since the end of war.

"Owing to loseps of productive incters after the effects of netual fighting and severe drought in the Mediterranean

the area,

first post-war Krain crop in UNERA receiving countries WAR dis-

the report anid.

harvest will

the

12 tablo Ahen 1915, |

General Average

*

S.S. "Glenfinlas”

Fire at Birkenhead.

-

take Owing to fire having broken

Steel: There were sorte indien- | be tions of slight casing in demand it will still be substantially below in some sections of the country pre-war and return to normal but on the whole inquiries for conditions will probably leading products such as sheets, years,

it said, adding that none out on this vessel and damage bars and plate continue urgent of the countries assisted by being caused by water in ex- Carson bars gre still 1ight al-UNREA will be self-sufficient in tinguishing it B General though some makers have open-food during 1947.

Average has been declared. ed their books for first

quarter

Analysing the economic position Consignees of all cargo which delivery in 1947. On the other of individual countries in 1947 was on board at the time of the

alloy

bars

can be had for the report said: With one or two fire will be required to sign an shipment before the end of the possible exceptions available 01- vour. Sheet makers are not taking eign exchange resources will rat Average Agreement and to pay. 1a deposit of 10 before their additional business at present be- permit countries to import enduri esuse, they are well booked into foodstuffs to provide their people cargo will be released... 1947.

With ar adequate minimum dist

BUTTERFIELD & SWIRE. -Tinplate: Production for the und at the same thielto import first quarter of 1947 is expected raw materials and equipment for

Apuits... to show little change from the full industrial, "employment and present quarter which

hand.

proximately 850 tons..

shortage of basic materials an operating supplies."

Commenting on the inventory situation, the Association said in- dustmal buyers Are practically ananimous in their desire to re- duce or balance inventories.

Agents: GLIN LINE LTD.

due from UK. 2nd Nov, "Taikos Dock. Loads for UK., Rotterdam Aat- werp Amsterdam-Mid Nov,

Managing Agents: AUSTRALIA CHINA LINE

Exploring prices, the Associn-

the trend of 4.V. NEWBROUGH tion said "while prices is still upward, it is not at the rate of the past few montka and indications are that prieza may level off for a few months after which declines may show up." Associated Press.

NOTICE TO. CONSIGNEES

S.S. "MAROSA"

No claims will be adiited after the goods have left the godowns and all goods remain- ing

lat undelivered after November 1946 will be subject to rent.

is ap-agricultural supplies to maximise Hongkong, 29th October, 1946.n.ust be presented to the under

1947 Cron

Copper: Activity it. the export |

ket

market continues light due to the Restriction Of Exports" lack of available supplies. How- in all countries export of in ever, some small sales for nasty dustrial products is limited by shimpent were reported.

Lead: Approximately 22,000 urgent demands of the home mar- tong of foreign metal have beenThe report listed the following released for November consumip- tion. including some recent ar among factors which restricted exports in receiving countries and rivals from Japan-Reuter.

which will continue to exist through thẻ next year:

New York, Oct. 27. United States paper produc-

tion, exclusive of newsprint, de-compared with 105.9 percent the clined for the week ended Oct: previous week-Associated

19 to 105.1 per cent of capacity Press.

Gold Price Rising On Paris Market

Paris, Oct. 28.

Prices of gold and foreign banknotes have steadily risen lately on the Paris unofficial market. The gold louis is now 5,350 francs against 4,840 a month ago, United States dollar note is 315 against 280 and sterling note is especially strong at 900 against 750.

This still gives a cross-rate bi-| low US$3 per sterling but sterling nate rates are Unrepresentative, because the notes cannot be legal- ly reimported into Britain.

This price for gold tonis equals ---at the franc's oficial exchange rate about 20 per ounce for gold or alternatively it values the frane at about 3,500 france in- stead of the official rate of 480 francs Der sterling,

Despite the French Finance Minister's denial, London quarters

London

Money Market

NOTICE TO CONSIGNEES HOLDING

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

Adue from Australia “via Labuari.

Mid Nov,"

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

S.S. “LAKE NIPIGON"

due from Vancouver, Shanghai

Mid Nov,

PENINSULAR & ORIENTAL STEAM

NAVIGATION COMPANY

From UK U., K. Bombay U. K

Ship "TREVETHDE" All claims against the steamer "BENALDER"

before 21ęt tiqued on... or · November 1946 they will not be recognized.

"SAMLAMU" "GLENIFFER", "SAMADANG'S "TREVAYLOR" No fire insurance will be "TREVEAN" effected.

Ship

Bombay via Kure

WU. K.

U. K.

Loads For

Straits, & Bombay

Straits & U.K.

Duc 31st Octobe Early Novembe Early Novembe

Mid November Mid November

November December

Ready

Early Noven

Accents enrgo for Londen, Antwerp & Rotterdam.

All broken, chafed or damaged goods are to be left in the "SAMLAMU" Messrs. Goddard & Dougins godowns where they will be "TREVETHOE" will attend at 10 am, an Mon-examined by the Consignees days and Thursdays within the and the Company's Surveyors, free storage period to survey Messrs. Goddard & Douglas, at damaged cargo, and consignees 30th October 1946 (10 am). are requested to have their To comply with General Bonded BRITISH INDIA STEAM NAVIGATION CO., LTD. representatives present. Unless Warehouse Regulations consignees representatives are signees must have a Revenue SHIP present at the Survey no claims. Officer in attendance when can thereafter be admitted. dutiable goods are examined.

MACKINNON,, MACKENZIE

Agents:

A.CO.

P&O S, N, Co.

B. I. S. N. Co., Ltd. E&A S.-8. Co., Ltd.

con-

GIBB. LIVINGSTON & CO., LTD.

Agents.

Hongkong, 29th October, 1946.

"BINFIELD" "PASILA"

SHIP

“DINFIELD"

Pacific Far East Line Sailing From Hong Kong Trans-Pacific To SAN FRANCISCO & LOS ANGELES

(LOADS, HONG KONG AS INDUCED) ·

s.s. "Louis Sloss" --- 9th Nov. s.s. "China Victory"- - Mid Dec.

s.s. "Herbert D. Croly" Mid Dec.

FROM

Rangoon Calcutta

LOAD'S FOR

BUE

20th October

2nd November.

ADY

Straits, Madras, Calcutta, 6th November

EASTERN & AUSTRALIAN STE, MSHIP CO., LTD.

Passengers & Freight to Australja

For full particulars apply to MACKINNON, MACKENZIE

Telephone Nos. 27721-4.

PRINCE LINE

CO

USA-FAR EAST-HALIFAX-BOSTON-NEW YORK

London, Oct. 265.S. "Britain Victory Late Dec. S5 SAMMEX" Ard from U.S.A. & Shanghai. Kowloon is

For the first time in many do not altogether deride reports that the British negotiators dur-weeks, the money market was un- ing the presunt Anglo-French able to cover overnight needs have suggested without official assistance. The economic talks devaluption of the frant though shortage became even mora sovere pot of

of course to anything like that and official help was described as

Jarge." help to prometing

The absence The absence of Treasury bill maturities -contributed to It is known that devaluation is amode the suggestions which the stringency, while another factor British negotiators were authoris which may have influenced, the ed to make. The main reason for position has been

18-French trade,

ing

the

the present unbalance of trade. in kütedgods, the heavy trad-

between France

Additionally, one large clearing and the sterling' ares is the scarcity of French ar bank called in for the purpose of | its monthly, make-up” while sa- TEJISGA other called by way of prepara- would be which -Tranc devaluation

sorts

but

deerness,

by?

alleviated ch prices roppake"nounced. subsegaepy, whic

previous: performsunco promptly rising correspondingly.

the alleviation would bo porary, or

High

doubt

some extent - ya the big expansion

Among p

which previously had ether, France will receps withdrawn for their make.no/fw-

came ready lenders, and a num

·British financial quarters

the suggestion since devaluation ber of others becte active buyers by itself would make things worse rather than better anless a strong of hills, thereby enabling the mar clactions, accompanied it bench topay for bew Thepauzy bila

it by

without diffenity, the ecoporale odel and fiscal Applications for £170,000,000

reforms, all soft which are pro

Treasury bills, totalled £202,000,-

GENERAL AGENTS

UNITED STATES LINES COMPANY

$14, Queen's Building. Telephone 33092.

BARBER-WILHELMSEN LINE

Monthly Service to Facific Coast and Atlantic Coast Ports via Panama Canal.

DODWELL CASTLE LINE

Monthly Service to Atlantic Coast Ports

via Suez Canal.

For further particulare apply.

DODWELL & CO., LTD., AGENTS

blématical and meanwhile French 900 but only £160,000,000 wore prices have been rising sharply allotted the market receiving Hongkong & Shanghai Book Bldg. with many algos of economic and boat $2 per cent of its applien- social confusion-Renter.

Hons-Router.

Telephone 2BOEL.

loads for Singapore, New York & Atlantic Spast Ports......... M.V. "SCOTTISH PRINCE":

DUE 2014 NOV. JARDINE, MATHESON & CO., LTD,

Chinese Freight Agents:-CHEONG FAT CO.

Telephone 20037

Tel. 80311

SWEDISH EAST ASIATIC CO., LTD

MY, HAGARATE, MY. BENA*** MY, WARA MV. SE

OUTWARD

discharging Hong Kong discharging Hong Kapy

lecharging Hong Kong

berging, Hong Kong

WARD

ing Hong Kong 15th

wern, Hotterdama Gothenburg

LTD.