1946-11-01 — Page 7

DE LA RAMA LINES

1.

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

S.S. HALEAKALA

DUE

VESSEL

M.V. DONA ANICETA

M Part. Late Nov.

M.V. BENGAL

MV. BENARES

MV. ESCALANTE

M.V. BALI

SAILING FOR

Manila (Cargo only) Pacific & Atlantic Consts, Early Dec. Pacific Coast. Early Dec. 'Honolulu, & Pacific

Const. Early Jan. Honolulu, Pacific &

Atlantic Coasta. Late Jan. Pacific & Atlantic Coasts.

THE DE LA RAMA. STEAMSHIP CO. ING.

Pedder Building

TEL: 23676

Chinese Shipping Office

Tel. 23738/201ÉS.

BUTTERFIELD & SWIRE

1, COMMA'UGHT. ROAD CENTRAL Telephones: 80831-8 Frivate Exchange.

THE CHINA-MAIL, FRIDAY, NOVEMBER 1, 1948,

Government Trying

Steady

To

N.Y. Stock Market

New York, Oct. 30. Steels pace a fast rally in the last hour of trading after earlier losses of one to five points..

In

Cotton

New York, Oct. 31.

the

source said

A Government effort to stabilize the skidding cot-

ton market is in the offing following the sud- den closing of all major cotton markets to pre- vent a further disastrous price tamble, On Oct. 8 cotton for delivery in December was selling at a 26-year high of 39.13 cents a pound. Af the close of trading yesfor-else all over

south, was day it hit a low of 29.15 cents blamed in New Orleans for the i per pound a drop of approxim-collapse of the cotton maritet..

An authoritative burst of buying that left ately $50 per 500 pound bale..... the high speed tickertape behind door transactions, maths of more than three points piled up for a number of leaders although a good number

stayed on the losing zidules for the

full session total- led 2000,000 shares, a top gince 'cotton market.”

Sparkrom told reporters "the Forced liquidation of stocks by President told me he is working certain interests, according to well on scans to stabilize the market informed brokers, plus suspension and was conferring with a Gov- of trading in cotton futures, fore-ernment adviser on plans for

prices down for a time.

jaction."

mid month.

cn

Agents: CHINA NAVIGATION CO., LTD. satisfaction

"HUPER"

NEWCHWANG" "FUKIEN"

"HUPEH"

"NEWCHWANG"

"FUKIEN"

"TSINAN"

*TATSHAN"

SAILINGS TO

Shanghai, Tsingtao & Tientsin 4 p.m. 0th Nov. Shanghai 4 pm. 7th Nov. Strigäpore, Batávio & Macassar 4 pm. 8th Nov.

ARRIVALS FROM

Tientsin, Tsingtao & Foochow - 3rd Nov. Singapore DL, 4th Nov, Shanghai 6th Nov. Bangkok. Saigol & Swatow 10th Nov, CANTON RIVER LINE

Sails 1a.m. 2nd Nov, Arrives 3.30 pm. 4th Nov. Sails 5 um. Oh Nov. Arrives 5.30 p.m. 8th Nov.

Agents: BLUE FUNNEL LINE

“GLENAFE"" *SÍNKIANG"

Early Nov.

Mid Nov. Sailing

11

UK SERVICE

Axriving

From

U.K. via Straits.

do

For

L'pool via Strait.

From

New York,

"GLENSTRAE"

Jut Week Dec.

NEW YORK SERVICE

Arriving

8th Nov.

* "GLAUCUS”

*USTRALIAN

"YOCHOW"

Agents:

ORIENTAL LINE, LTD.

Satling

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. "Halyang" Sailing for Swatow & Amoy on or about the 3rd Nov.

Subject to alteration without Notica.

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

General Managers, P. GO.

Q. Building, 5th floor. Tel. 23755.

or

CHINESE SHIPPING DEPT.

ZO Connaught Road, Central. Tel 24639.

AMERICAN PRESIDENT LINES LTD,

Speed--Frequency ––Dependability -Special Carpo. G¤ Tanks "Cafèocdité.Spatia

- ɧ. *MOUNT ROGERS”

SAILING

rop &

19th Nov. New York and Boston via Singapore & Suez

8.8. VANDERBILT VICTORY" 20th Nov. New York & Boston,

vir San Francisco; Los Angeles and Panama." For Passage and Freight apply taime dypt AMERICAN PRESIDENT LINES LTD.

Teir Ho, 13172/28175).

S.S. "QUANZA"

of the Companhia Nacional de Navegacao (Portugal)

ARRIVING END NOVEMBER-

Accepts Carge and Passenger

For information apply to:

HNOLASCO & CO., LTD,

Stock Exchange Building, 8th floor.!

Telephones: 20164,20131

over

In Washington, Representative the break which. sent futures John Spackman, Democrat of tumbling over $50 a bale in re-

Alabama qunted President "Tru- cent weeks is the same thing man as saying "It is the purpose that always happens sconer or of the Government to do every later in a speculators market." thing. possible to stabilize the

Selling Futures "When speculators are shaken out of the market, prices will be stabilized on the basis of supply and demand," he predicted.

Some sources said another de- pressive influence was insistence of the banks "that others who had mortgaged spot

milis and

GOLD RETURN

Washington, Oct. 30. The United States Military Headquarters in, Austria, have been authorised to turn over $5, 000.000 worth of monetary gold claimed to have been originally owned by the Austrian National Bank to the Austrian Govern- ment upon presentation of sate- factory evidence of its former ownership, the State Department disclosed tonight.

The gold now in United Stater custody, had been seized; by the German Reichsbank-Beuter.

“YOCHOW"

Page

JARDINE, MATHESON & CO., LTD.

SHIPPING DEPARTMENT.

18 Pedder Street

Tel: 30311-

General Managers.

INDO-CHINA S N. CO., LTD.

S.S. "SANG

||S.S. "WINGSANG"

S.S. "TAKSANGI,

5.S.. "WINGSANG”.

Damaged cargo ex 'the above (9.8. “ESANG”” vessel will be surveyed at Holt's Wharf by Mesars. Goddard & Douglas on 1st and 2nd MoversS. EMPIRE FRASER” ber and consignees representa S. "LOKSANG" tives are requested to be pre 3.5. "HINSANG" sent during the survey,

BUTTERFIELD & SWIRE, AGENTS.

SAILINGS

to Straits & Calcutta vía Saigon 8th Nov. Shanghai 3th 80.

ARRIVALS

fo

4. from Labin 2nd Nov. from Shanghai 2nd Nov,

from Straits & Saigon 5th Nov.

IN: PORT

Kin, Wharf EN. Buoy 21 Bidy A.K.

Subject to alteration without notica

cotton stocks should immediate Hongkong, 31st October, 1946- All Indcnding Passengers are requested to register their summer or 1 bodge by selling futures. Associated Press.

JAVA-CHINA-JAPAN LIJN N.V.

King's Building Connaught Road,

Tel: Shipping Dept. 2016. Passage Dept. 28017. Chinese Agents, Connaught Road, C. No. 82, Tel. 25133.

quick turnabout followed Big Carryover the heels of a rumour that the

The Alabaman had urged the cotton exchange would resume dealings tomorroit-and

President to utilize whatever war a growing

powers necessary the flood of

to provent a favourable carnings reports

further collapse in cotten prices. Earnings of steel companies in

Meanwhile the Department of particular which equalled or bet-Agriculture" officially called at- terca

market expectations, carried tention to the favourable statis- weight as a trading factor. tical position of the cotton crup Du were Us. Steel, Bethlehem, in a statement issued shortly Republic, Youngstown Sheet, after trading in futures was sub- Anaconda,

Westinghouse and pended at the principal ex- American Can.

changes in New York, New Or- Lagging were Goodrich, Interans and Chiengo. national Harvester, Air Reduc tion, American Telephone, Douglas the price drop, the Department Without referring directly to Aircraft

said the cotton carryover of - 6.8. "TJIBADAR" Aug. 1, 1043 was 7,500,000 bales compared with 11,200,000 bafes a year earlier and noted "repre- sentatives of the Department ès timated the carryover on Aug. `1, 1947 will be less than 4,000,000, the smallest in 17 years.". Confused Seenes

The Dow Jones closing aver

ages:

Stocks 59.64, 20 Industrials 14.23.

Closing quotations: Adams Express 14%, Alaska Juneau 5%, American Can 70, American Smelting 45. American Telephone "160", American Te bacco $0, American Waterworks

Bendix

tion

YOUR "TITJALENGEA" Batavia S'porn 1st Nov.

sisse trans

Amay 4th Nov,

"Andy' st Nov.

Amoy 9th Nov.

| m.3. "TJISADANE” # Java muid Noveminir

Safting for Amoy 1st Nov. Panelis dili Nov.

Fiatow Aphay- 4 Now, Sinstatare/N.EL. purta 11th Nov.

Swałow/Amoy/ Shanghai.

ROYAL PACKET NAVIGATION CO., LTD.

(DELI STRAITS CHINA LINE).

Skip

das Imm

m.s. "VAN HEUTSZ" Adawp BeH/Penuru

Singapore Wid. Bir

1 Anaconda Copper 35, Avia- The New York exchange clos- tion Corporation 6 Baldwin ed amid scenes of confusion Los 13, Steel with President Frank Knel de- Batas-claring the sudden suspension Aircraft 204, was to double southern cotton Co. Canadian Paci

handlers to adjust their dairs. 12, Chrysler 78%, Colgate 46, Commercial Solvents

Spot sales continued as usualms. 20, COTA

in the Texas Exchange at Dallas,

and: Galveston with

Products 67, Dupont 167, Houston

Eastman

Kodak 204, Electric Light & Power 14h, General Elec. Dalles prices unchanged at 15.16 trie 35 General

al Motors 48%, for middling or 29.13 per 100 Goodrich 04, Goodyear 54 pounds.

Homestake

Mining 40%

Inter

Sporulation by "farmers, mer-

national Harvester 60, Inter chants, doctors

national, Paper 43, International

Tel & Tel 19. Johns Manvill:

115, Kennecott Copper 43, Mort

and everybody

gomery Ward 66, National D London Stock

tillers 22 National Lead 23, New York Central 15, Malers G. Pan-American Airway 13%, Pennsylvania KR 25, Rada Corporation 8 Real Silk 17 Republic Steel 20% Reynolds Tar baero 17 Schenley 69, Sears

Exchange

London, Oct. 30.

The stock merket was again unable in vid itself of the lethargy

*

Skip

Salling for Swatow/my

kidle Nuv.

(ORIENT JAVA AFRICA LINE).

dos frate

"STRAAT SOENDA" Singapore manly Dec.

"

Singapore, Batavia, Durban, Cuptown, Buenos Airet, Bantos, Hlo de Janeiro; il ruksiest in- docent De

Galgos/Dangkol/

- Mauritiun/Reunion

Madartuscar/Belra/

Lauren«n»Sárgaon/

East.Lindon/Part

calling

Elabeth Mosselbay/ Montevideo early Dec.

SILVER LINE, LTD.

Salling for

Cocking sing

'ar as possible in advance of the time at which they wish to leave

Agents: GLIN LINE LTD.

LV. DENBIGHSHIRE MV. “GLENSTRAE”

LV. "GLENAPPH

due from Ul. And Now,

2. Täskid Do

Loads for UK, Rotterdam Archie

wer? Arristerdans→→Mic. Navz

Managing Agents:

AUSTRALIA CHINA LINE

4.V. NEWBROUGIZ ·

---đué from Australia via Ladusn.

Mid Nov.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

SS. "LAKE NIPIGON".... duc from Vancouver, Shanghar

Ship

11th Nov,

PENINSULAR & ORIENTAL STEAM

"TREVETHOE" "BENALDER”. "SAMLAMU? “GLENIFFER!". "SAMADANG". "TREVAYLOR". "TREVEAN"

Shia

Fue from ms, "SILVERGUAVA" In part.

. After

po say about 3 Nav. far Vancouver,

Ship

“SAMLAMU”.. "TREVETHOE"

After "delfor loading sulat 12th Nov. Straits, Calombo U. 1. Atlantic

for

and

narti

ma. "SILVEETEAK"

US. Adaglie & neffic Parts via Shanghai

PADKU MENTA

Ra-buck 37 Shell Oi: 20% Which descended a few days ago. Soenny Vacuum (3, Southern In some cases quietness develop "SILVERSANDAL" Is port Pacific 415, Standard Brands et into dulness, 355, Standard Oil of Calif 5,1

There is

growing impression in Standard Of of N.J. 66. Stude the market that the Government's baker 195. Union Bag 2014,cheap money drive is by no meazz Union Carbide 81,.-U.S. Rubber nearing its end. In fact usually 54, U.S. Steel 705, Weating well-informed circles foresec house 23 Youngstown Sheet & further cut in intereat rates to a Tube 62-Associated Press. two per

Meanwhile basis.

it has been pointed out thas whereas proceeds fron the liquidation of local nam have been previously, ' transferred ather sections, today vendar of these issues have apparently been eontent with their money, in liquid furin.

Exchanges In London

to

Ship

· HOLLAND-EAST ASIA LINE

ma: "VAN DER HELST" Shanghai

Although there is very clie bush.cas done in a quiet markets. "PHILAE” 1oday. some individual features developed towards the chase and interest in the markets generally increased.

London, Oct. 30. On New York 4.025, 4.035, 31on- treal 4.02, 4.04, Zürich 17.33 17.36, Buenos Aires, upquoted, Brazit 75.4416, Brazil (sellers) unquoted, Uruguay unquoted, Belgium 107.50, Paris & Frenen Industrials provided the most Empire 479,50, 480.30, Syria 881, features, including Imperial 880, Lisbon 09.80, 100.20, Swiss Chemicals and United Molasses: Bank Notes Middle 17.26, 17.50, ol supplied one feature in the Netherlands West Indies 7.58, shape of Royal Dutch which was Netherlands East Indies 10.08, firm in an otherwise dull section.

20%

31st Det

· Rollerdam /fhLWITY/

Genos/Port Sold/ Singapore early"

Sing for.

Colombo/Port Said/

Antwery/Houerdam/ Ampere/Cutx Isagen/Gothetalwirt/

Del 3rd Nay.

Shanchal/tapore"/ Colombo/Port Saids Antwern/Rotterdam/ Capenhagen/Gindhen. bure/Chalo engly. Industry:

Pacific Far East Line

10.70, Holland 10.69, Pariama Giltedgeds 4.02, 4.04, Dear

17:32

were quietly sup- Sailing From Hong Kong Trans-Pacific To 19.36, ported Prague

throughout, cloring at 201, 202, Norway 19.98, 1/10 to highor, having bad a

SAN FRANCISCO & LOS ANGELES 20.02, Palestine 1004. fairly large turnover,

Forward Rates, One Month:- Kadirs remained outside the

(LOADS HONG KONG AS INDUCED) United States PD Canada general running throughout the D, Switzerland 14 p. 1% day. Among Chi-

#

D, Sweden 14 p. 13 D. Pagis nose Azza & foreign bonds Cats.s. "Louis Sloss"

40 cents, 40, cents, Holland that the Chineso "Third Party

cent, 1 cent.

Bank of Englang

Rates: Madrid 44.00, Italy 71,28.

Ipfres

9th Nov. -- Mid Dec.

have withdraws their extre-fire S.s. "China Victory -

21⁄2 per cent 1945/75

Clearing LAT, 311⁄2

per S.S. Herbert D. Crölv® Mid Dec

Market Bolea India

ngkong o

cent

ecat

107%

W

cent 107, ing Bonds

18.06 Australis 126,

Loan, 32 per New Zealand 1247,

New War Lott, 3 per South Africa 100, 100.50,

Bonds, 4 par 115, 130, Alexandria: 97,375, sent: 122:

2/4-1/42, 2/4×4 1965.65 107%, Saving Bonds 8% 1/3-1/18, 1960.70 107 Saving Bands 3% Philippines 8.10

Rangoon 1985.76 110%, German Loan, 7 1/6-16/16, 1/6-1/16, Shanghai un per cent (Dawes) 11,

Japanese geoted,

Bonds, & ner cent, 1907 20%

Railway Special A/C.Rates: Lim 26.10, Casson-Kowloon

24, 26:16. Lapaz 168.62 176.32. Va Tentsia Pekow Railway 5 per paraiso 100.625; 101 360, Turkey | srut 28, Lung Teing U. Hat Bly, unquoted.***

5 per cent. 1018 24, Reorg, Loan, 5 ver cent 1918 ~(London: kás): 4T, Crisp Loan, 6 per cent, 1911 45, Takdang Raliway, 5 per cent,

Central American A/C Rates: Metico 19.45, 19.65, Bogota 7.00 1.06. Repter..

New York Exchanges

5 per

1911-26 Home]=Aan---

cent, 1905 32%

ing Railway 5 per cent 26,

Mercatored of India 17.

2224

Bank of L. A& C. 11-5/16, İK & Shanghai

B5, Lyddn bucking Catparation New York, Oct. 30.

Extates 95/- South Africa American A/C Sterling 403%, ownsirina 26/1, Belection: "Trust 488%, Atmoriana A/C, Sterling 341/9, Soulh Africa Tozbanites Montlis” 4.085, 403w. On Sweden | 11/9, Canadian: Pacific : 1785, 17.82, 27.84, Praneu 84, 84%, Mezican Eagle 10/4 Reuter Switzerland: (Otial) 24.00 21.25

Switzerland (Free) 24.00, 24:70, bia 46.00, Culia 100, Beuador Spain 9.20, Portugal 40-43, 1908, 7,606, Gudi,mala 100, - Holland.

New Zealand 3.25, 27:78 Mexico: 20.87,20,81 Pora AUBYNIA

4.021

British East 15.50 offered, Uroruny: 50:00, 50,50 Venezuela 29.00, Nether land. Werk Indies 67.45 - Dales 29-73, Argentine (Free 24,60 Gulang 53:35, Montica on London offered, Brazil 6.40) Bolivia (Om 402 Montrem on New York

PAIMIOD

s.s. "Britain Victory"

GENERAL AGENTS

Late Dec.

UNITED STATES LINES COMPANY,

314, Queen's Building. Telephone 33992.

BARBER-WILHELMSEN LINE

Monthly Service to Pacific Coast and Atlantic Coast Forts via Panama Canal

DODWELL CASTLE LINE

Monthly Service to Atlantic Coast Ports

Via Suez Canal.

* Bar. further particudara opply to

DODWELL & CO., LTD., AGENTS

cial) 2:00: Bolivia (Free) 239, 95870 Swits Bork Notes rate Hongkong & Shanghai Bank Bldg. Chile (Omelal 6,16, Chile (Free) 30.00 32.00, Belgium Franc

3.25 Chile(Export) 400, Colom 2:27 2.28Lenter

Telephone 28421.

NAVIGATION COMPANY

From

·U!K. VER

Bombay

U. K Bombay via Kuro

V.-K.

"

V. K.

Lands For

Straits, & Bombay

Straits & U.K.

Due Discharging Early Novembe Early November Mid November Mid November

Núventoer December

Ready

گی

Early November November

Accepts cargo for London, Antwerp & Rotterdam.

|BRITISH INDIA STEAM HAVIBATIUM CUM L.L.

FIUM

Bu guon

LOAUS FUR

SENFIELD"

Disunargin

SHIP "BINFIELD"!

Singapore, ranang

Madras & Calcutta

4th November

EASTERN & AUSIKALIAN STEAMSHIP CO.,

Passengers & Freight to. Australia

For full particulars" apply to MACKINNON, MACKENZIE

Telephone Nos, 27721-4,

PRINCE LINĖ

& CO.

- U.S.A.—FAR EAST-HALIFAX-BOSTON=NEW YORK

MV. SCOTTISH FRINCE?

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

TEL, 20111

Chinese Freight Agents:-CHEONG FAT CO.

resephudu 20uar

SWEDISH EAST ASIATIC CO., LTD.

MY NAGARA MY, BENARES"

MV. BATAAN

|MY. NAGARA

Fort

UTWARD

discharging răng Kong 2nd November, "diseparging" hong kong sein. Norander. USCOUSSINK Mong Kóng 27th Muykinkiet. chechia ryuzig”, noug Kong 1st December, HOMEWARD

Loading Hong Kong 18th November.

Bald, Marseilles, Antwerp, Rotterdam gén, Osto and Gothenburg, FIN. JUTLIVET particulara, apply

GILMAN & CO., LTD.

Agents Telephone 27871.