1946-10-31 — Page 7

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

MITO AND FROM PACIFIC & ATLANTIC COASTS

PA VESSEL

SAILING FOR

Manila (Cargo only). Pacific & Atlantic Coasts."

DUE

BS. HALEAKALA"

31st. Oct.

M.V, DONA ANICETA

Late Nov.

MY. BENGAL

Early Dec.

Pacific Coast

PELY. BENARES

Early Dec.

M.V. ESCALANTE

Early Jan.

Late Jan.

M.V....BALI

Honolulu & Pacifie

Coast,

Honolulu,. Pacific & Atlantic Consts. Pacifié & Atlantic Coasts.

· THE DE LA RAMA STEAMSHIP CO. INC.

Pedder Building

TEL: 23676

Chinese Shipping Office

Tel. 23738/20153

BUTTERFIELD & SWIRE

1. CONNAUGHT ROAD CENTRAL

Telephone: 30881 Private Exchange.

THE CHINA MAIL THURSDAY, OCTOBER 31, 1946.

BRITAIN TO AID CHINA'S N.Y. Stock JARDINE, MATHESON & CO., LTD

TEXTILE

London Stock Exchange

London, Oct. 29.

INDUSTRY

Shanghai, Oct. 30.

Market

New York, Oct. 30. The stock market enjoyed a selective early rally behind steels, were unable to follow through and Toses ringing from Eng or more) points predominated at the close.

Stamping caston folures cha

d investment entra

Negotiations have been initiated by the Textileralls and Industriala but they

Industry Control Committee of the Ministry of Economic Affairs with the British Trade Mission with a view to securing early British technical assistance and shipments of raw materials and machinery for China, according to Chinese press reports.

With nothing new to influence dealings on today's Stock Ex- change the markets generally A were quiet although fairly firm.

Giltedgeds moved narrowly with some support for medium date stdeks while banks also made farther advances.

Industrials were irregular with breweries and electrical supplies

long list of the immediate needs of the Chinese textile industry is said to have been submitted to the Mission.

The Shun Pao, one of the lead- ihe vernaculars here, in referring to the subject of raw materials, says that China would like to ob{ and equipment all in some detain moir Australian wool and mand

less Indian cotton, which the Cable delays between the Caud paper describes as being general- and London left the Kaffir marly of an "inferior quality" ket to its own devices and some Meanwhile, China is reported local professional support pro- to be negotiating with Allied duced price advances.

Headquarters in

in Japan for some There was a revival of interest urgently needed, machinery for in oils, where Royal Dutch was the Chinese Textile industry. featured, rising £1-5-0 to £334 16-0. Reuter. Quotations:

i Consols, 244 per cent 1945/75 cent 114%, Wor Loan. 3 pet 107%, New War Loan, 3 cent per jer cent 107, Victory Bonds, per cent 132, Saving Bonds 3 1955.65, 107-9/16, Saving Bonds 3 1960.70 108-13/10," Saving Bonds 8 196315 110, German Loan, 7 per cent (Dawes) 11 Japanese Bonds, fr cent 1907 (20% Canton-Kowloon Railway

Agents: CHINA NAVIGATION. CO., LTD. 99-5/16. Conversion Loan, 3 per

"POYANG" "HUPEH

*NEWCHWANG" "FUKIEN"

"AUPEK"

#NEWCRWANG"

*TUKIEN"

"TSINAN”

་

-"FATSHAN".

SAILINGS TO

ኔን

Shanghai D., 1st Nov. Shanghai, Tsingino & Tientsin p.m. 6th Nov. Shanghai 4 p.m. 7th Nov, Singapore, Batavia & Macastor 4 p.m. 9th Nov.

ARRIVALS FROM

Tichisin, Tsingtae Foochow 3rd Nov.

Singapore DL, 4th Nov..

Shanghai 7th Nov, Bangkok, Saigon & Swatow 10th Nov. CANTON RIVER LINE

Arrives 1. pan. 31st Oct. Sails 00.01 m. 2nd Nov, Arrives 2.30 p. 4th Nov. Salaam. 6th Nov.

Agents: BLUE FUNNEL LINE

“GLENAPP”-

SYNKIANG"

"GLENSTRAE"

“GLAUCUS“

U, K. SERVICE

Arriving

From

Early Nov.

Md Nov.

U.K. vin Straits,

-do-

1

Sailing

1st Week Dec.

NEW YORK SERVICE.

Arriving

Bth Nov.

Ageniz:

221

The stand taken by the Allied Headquarters, it is learned, is that the application will be favourably considered if China will supply coal Iron of which Japan is short, ruler.

Electricity Cuts In Britain

Shortage Of Lead

falling grains apparently chilled speculative sad

ginam,

Losers

included Dome Mmes, Homestake Mining, Great Northern,

Santo

Fe and

Games Included Park and Ti-SS. ford and American Body all Transfers were around 1,200,000, shares.

Dow Jones averagent,

Stocks 59.66, 20 Industrials!) 164.21, 18 Rails 46.52, 10 Utilities 14.38.

Closing stock market quota- tions:

June Express 14, "Alasks- 5, American Smelting American Can 19, Ameri

can Telephone 1685 American

SHIPPING DEPARTMENT Pedder Stree

TeL 30311.

General Managers.

INDO-CHINA S N. CO., LTD.

S. ESANG

AWINGSANG SHENSANG"

S. "ELIPIRE FRASER" SS. "EUTSANG” IS. "WOSANĠ”

S. "LOKSANG"

SAILINGS

to Straits & Cakutta 31st Oc

to Bangkok 31st

to Straits & Calcutta via Saigon 8th Nove

ARRIVALS

to Shanghat 5th Nov.

from Strafs & Stigon 5th Nov. from: Shanghai “2nd Nov,

IN PORT

from Sandakan $1st Oct.

Combo Dock

Custodian" Whart

Buoy Bal.

Subject to alteration without notice,

It intending Passengers are requested to register their naufen 'di

or as possible in advance of the time at which they wish to lens.

New York, Oct. 23. Supply prospects for end users were dampened considerably dur Tabacca 195, American Water in the past week when a strike works 135 Anaconda Copper shut down the St. Joseph Lead

36 Aviation Corporation Company's Southeast Missouri Baldwin Locomotive 18%, Barns mines and mills which about one third of the nation. Call 22%, Bendix Aviation 30% nation's Bethlehem Steel: 914, Boein primary lead.

Airera 21%. Borden Co. Industry sources eaid if the Canadian Pacific 12, J. 1. Case shutdown lasts any length of time 84%, Chrysler 77, Colgate. 46, it will materially reduce the al-

13%, Commercial Solvents

Corn | ready" seriously short supply.

Products 66, Dupont, 107, East The demand for copper in both man Kodak 205 Electric Light domestic and foreign markets and Power 145, General Electris.V. DENBIGHSHIRE continued high. In foreign deal 35. General Motors 49, Goodrich IV. "GLENSTRAE" lugs the price remained firm. ir. 85%. Goodyear 55, Homestake B.V. “GL range from 17 to 1914 cents a Minine 40, International

Farve pound at New York.

Agents: GLIN LINE LTD.

due from Uk, and Now Taikod Dec. Loads Yet UK, Rotterdam Ant». werp Ansterdam-Mia NOV.

Managing Agents: AUSTRALIA CHINA LINE-

ter 69, International Paner International Tel & Tel 16 Johns Manville 119, Kehne Copper 43%. Montgomery 65, National Distillers 224 National Lend 28% New York Centra: 15; Packard Motors 6%, Pan-American Airways 13, Pea- 4.V. NEWBROUGH naylvania HR 25, Radio Cor- poration, Reynolds

Silk Re public Steel Schenley 6815, Tobacco

384.

London, Oct. 20, Cuts in clectricity covering 24. Tientsin Pukow Railway, nearly all Britain were imposed per cent 27, Lane-Tsing U. Hal today as a result of the critical A slight letup in steel demand Riy, 5 per cent, 191, 25, coal shortage and widespread was noted in some sections but in: products as Loan, & per cent 1913 (Lombose of electric fires on cold quiries for such Iss) 48, Crisp Loan, 3 per cent

which has sheets, bars and plates remained 1911 46. Kukuang Railway, 5 per autumn morning

uzgen all cent. 1011 27. Honan Ralway, affected the working, on

Streetmakers are booked well per cent, 1905 325, Shanghai sections of electrified Southern into 1917. The carbon bar aun- Nasking Railway, 5 per cent 27, Railway network.

ply remains light. Alloy burs The main fines from South-are being booked for shipment Mercantile Bank of India, "A"

ampton, Portsmouth and the before the end of this year. South Coast were among others Steel scrap supplies are dwin immobilised for about ten diing-Associated Press.

Senra Roebuck 30%, Shell Dil minutes due to reduction of

30 Socoay Vacuum 15%, South- em Pacific 414, Standard Brands Power affecting the electrical

37% Standard Oil of Calif. 53%, signalling system and electrically operated points. According to &

haker 19. Union Bag 26%, Unich Southern Railway spokesman,

Carbide 90. U.S. Steal 68, Wes- all traing normally have to stop

The United States will sup-tinehouse 23, Youngstown Sheet: until the current is restored to port the application by Austria & Tube 61 -Associated Press, full power. The cut which was for membership of the United the biggest of the autumn 50 Nations on the ground that far meant that thousands of Austria is a liberated country house-holders had cold break-rather than a former for of the fasts, cold house, no staving United States, the

State water and no radio-housewives epartment announced today. in some parts of the untry

The United States Govern-

Chartered Bank of I. A. 4 11-0/16. H.K. & Shanghai Banking Corporation, Lyden bourg Estates 97/6, South Africa Townships 26/1, Selection Trust 42/6, South Africa Torbanites

175 Canadian 11/9, Mexican Eagles 16/4,-Reuter.

AUSTRIA AND UNO

due from Austrália Via Lathan. Mia Nov.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

Sdard Oll of N.J. 65%, Stude- SS. LAKE NIPIGON" Pacific

New British

For Steel Merger

Lipool via Streit,

From

New York,

AUSTRALIAN - ORIENTAL. LINE, -LTD.

"YOCHOW"

Sailing

2nd Nov,

For

Sydney, Melbourna

All The Above Subicet To Alteration Without Notice. For Paisage and Freight Particulars Apply To The Atovë.

DOUGLAS STEAMSHIP CO., LTD.

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

Subject to siteration 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. Tal. 24639.

AMERICAN PRESIDENT LINES LTD.

Speed-Frequency--Dependability

20 #kfrigeration-Special Cargo '04 Tenks-Cargocalre—Specie

S.S. "MOUNT ROGERS”.

SAILING FOB

19th Nov. New York and, Boston vin Singapore & Suez.

BSVANDERBILT VICTORY” 26th Nov. New York & Boston,

vià San Francisco, Los Angeles and Fanaink

For Passage and Freight apply to

AMERICAN PRESIDENT LINES LTD.

-§à, Giorge's Big

fal No. 28171/28ITE.

5.S. QUANZA”

of the Companhia Nacional de Navegação (Portugal)

sailing beginning November

from Hong Kong to Liebion.

via Porta

Accepts Cargo and Passengers

information apply to:

H. NOLASCO & CO., LTD.,

Block Exchange Building, 8th floor.

Telephones: 20164, 29181,

い

London, Oct. 29.

It has been announced that a new company is to be formed to

Washington, Oct. 29.

carry out a £40,000,000 scheme being without current, for onement recognises Austria for all-

and a quarter hours-Reater."

Storm Signals

For Business

a

purposes, Including legal and administrative, as Jiberatel country, comparable in status to other liberated areas," said the announcement.-Reuter

for the modernisation and d velopment of the South Walek sheet steel and tinplate industry"

It is understood

thas South Wales stre! Interests have decid ed that the new hot strip mij and Linplate and sheet cold re- duction mills should form on economic unit and be under one ownership and management, or be so closely integrated as to achieve the same result. The new come the storm signals of a forthcom- pany will acquire appropriate, asing depression urged that public All deliveries of cotton futures sets including the Guest, Keen, works planning be greatly ex-declinél $10.00 a bale, in the Baldwin plants at Port Talbot panded and that banks batten second consecutive day of limit

declines.

and Margam.

The scheme is one of the first results of the establishment the new Steel Board, which is to carry out the

Washington, Oct. 27. Government official, eyeing

down on loans,

N.Y. COTTON

New York, Oct. 30.

General Average

S.S. "Glenfinlas” Fire at Birkenhead.

dde from Vancouver

Shang

PENINSULAR & ORIENTAL- STEAM

Ship "TREVETHOE" "BENALDER Owing to are having broken SAMLAMU out on this vessel and damage "GLENIFFER" being entsed by water in ex] "SAMADANG” tinguishing it a General TREVAYLOR"

TREVEAN"

*Ship

| Average" has been declared Consignces of all cargo which was on board at the time of the fire will be required to sign an Average Agreement and to pay "SAMLAMU? a deposit of 10 before their

"TREVETHOE" cargo, will be released.

BUTTERFIELD & SWIRE

Agents.

At the same time the Federal Heavy overnight accumulation Reserve Board study proposed of selling orders encountered only a central 'anderwriting fund in limited demand. Quotations: modernisation the Reserve system as a per- Dec. 20.15 asked March 28.30 Hongkong, 29th October, 1946, Guest Keen and Nettlefolds, Richard Thugas and Baldwins, manent measure to guarantee asked, May 28.32 asked, July Briton Ferry Steel, John Lysaght loans to small businesses in 27.40 asked. Oct. 24.05 asked, Dec! 23.70 asked, March 23:20 asked and Llanelly Steel. For the Ume bolster that phase of economy.

Middling spot 20.90.-Associated being the new company will be a

of Richard Thorna

the Press, subsidiary and Baldwins-Reuter,

Hanging On To Cotton

A call for caution on bank loans was expressed and hope that "all bankers were:

planning for the time when NO COAL STRIKE

Washington, Oct 29. President Truman announced yesterday that the coal strike has

rices and business activity would level off and perhaps Tould decline, by assuring them- selves of ample margin on safety and protection in all assets they been averted. acquire." Associated Press..

STEEL PROFITS.

New Orleans. Oct. 28 The flow of cotton to the mar ket has subsided, to a mère trie- Ale in most parts of the south

New York, Oct. 30, since the drastic brice bresk with

The United States-Steel Cor farmers holding onto staple in the paration reported its third qua. months of rebound on the excer profit at $33,329,353, equal to chaupes.

3.11 share compared with 61 centi. or the correspondine period In 1945

The withholding movement is apparent everywhere in the colton belt although the degree of sell- ing Black varies. --

Sales were down to 10 per cent voimal in a number of areas Some places only in need of in- mediate cash were disposing of their product.

..

There was difference of opinion as to whether the present withholding by farmers would itself be a major Tartor in fore- back to a point from

The Government has agreed to start ware discussions on Noyeni- ber 1 The present contract re

"YOCHOW"

Damaged cargo ex the above

NAVIGATION COMPANY

From U. K.

Bornbay U. K. Bombay via

via Kure UK.

Leads For

Straits, & Bombay

Straits & UK",

31st

Early

Accepta cargo for Louden.. Antwerp & Horter

BRITISH INDIA STEAM NAVIGATION CO., LTD.

SEIP

"BINFIELD"·

SHIP

vessel will be surveyed at Holt'k "DINFIELD" Wharf by Messrs. Goddard & Douglas on 1st and 2nd Novem ber and consignecs representa-

FROM

Rangoon LOADS FOR

Straits, Madras, Calcutta,

DUE

gent during the survey. tives afe requested to be pro- EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

BUTTERFIELD & SWIRE. AGENTS.

mging valid during negotiations Hongkong, 31st October, 1946.

Ieuter.

Pacific Far East Line

It declared the usual quarterly Sailing From Hong Kong Trans-Pacific dividend of $1, For the first nine months of 1940 profit was $67, 107,894 equal to 4.43 compared with 285 of the same period last year--Associated Press.

SHIP FOUNDERS

London, Oct. 29.0 Four members' of the crew some Į

SAN FRANCISCO & LOS ANGELES (LOADS HONG KONG AS INDUCED)

10

To

s.s. Sloss"

"Louis

9th Nov. "China Victory -- Mid Dec.

s.s.

which they started the tumhis of believed to have lost their lives S.s. "Herbert D. Croly" Mid Dec.

$25 to $30, a bale-Associated Press.

BOMBAY SILVER & GOLD

Bombay, "Det::"29

Itupces Annas 159 04 per 100, tolás

148 09:

Silver, Ready Siver, Forward

Gold Delivery

Gold Forward

Sovereigns

Teater.

when a British cargo sulp, Stan- - burn, foundered off the

boast, it was reported here today..s. "Britain Victory Late Dec.

The ship was caught in a storm

on her way from Algiers to Tun sie to collect a cargo of, plios- phates.

Signals received' at Stax sald that she had sustained- serious damage and was sinking a

The remainder of the per 100 tolas were saved Reuter

08/1912-

per tola

per

.00

crew

CONTROLS OFF

Washington, Oct. 30, ́OPA-has amounted the deck- Each trol of all data, and soli, facinë,

inglinseed wil coconut oil, fal olle, inedible fallon}< and

from coala was removed Previously

G.E DIVIDEND T price controls. Many fats were

"removed", „Tronë, pizide

New York, Oct. 27. ceilings but the new action freed

The General Electric company's, the entire list both of edible an:l profit "available for dividend for thedible items Associated Fabr. the nine months, onded: Sept. 30,

totalled 1 cent per common adaru

“Lóadon, Oct 30,

GENERAL AGENTS UNITED STATES LINES COMPANY

$14, Queen's Building." Telephone 33002;"

ABC 服務社

SERVICE BUREAU

TEL: 24265

compared with $1.20, in the same The Anglo-Iranian Oil "Com- Dorset Charles Wilson said pany Birited declared a fire

President earnings this year "resulted an- ver cont, dividend on ordinary tirely from income from sources locks yesterday. - Associated 31, Comaught Road, C.- ather than malese Angoelated Pro

Specialista:

BRIGHT & BRILLIANCE

for Your

OFFICES, PREMISES & CARS

Mont Be

CLEAN & POLISHED

WHITE ANTS

EXTERMINATION,

Interview cordially levitel

(No obliga

P.O. Box 830

Passengers & Frai ghi to Australiä

For full particulars apply to

ARMACKINNON, MACKENZIE & CO.

Telephone Nos. 27721-4.

PRINCE LINE

USA FAR EAST-HALIFAX BOSTON-NEW YO

S.S. “SAMMEX”, Arra, from U.S.A. & Shanghai Kowloon 5

Loads for Singapore, New York and Atlantic Coast Ports ALY. “BCOTTISH PRINCE"

DUE 200 NOV.

JARDINE, MATHESON & CO. LTD.

Tel. 3081

Chinese Freight Agents: CHEONG FAT CO.

Telephone 20037

SWEDISH EAST ASIATIC CO., LTD.

M✅ "NAGARA” loading Hong Kong. 18TH NOVEMBER

Fort Said, Marseilles, Antwerp, Rotterd Copenhagen, Oslo and Gothent

For further particulars,

GILMAN & CO. LTD.

Agents,

in Des Voeux Road Central.