1946-11-04 — Page 7

DE, LA RAMA LINES

EXPRESS CARGO LINER SERVICES.

`TO AND FROM PACIFIC & ATLANTIC COASTS

VESSEL

SS. HALEAKALA

DUE

In Port.

M.Y. DONA ANICETA

25th Nov.

Early Dec.

M.V. BENARES

J

M.V. BENGAL

3.5. ESCALANTE

M.V. BALI

SAILING FOR

Manila (Cargo only). Pacific & Atlantic Consts. Honolulu & Pacific "Coast.

Late Dec. Pacific Coast,

Early Jan. Honolulu, Pacific &

Atlantic Coasts. Late Jan. Pacific & Atlantic Coasts.

THE DE LA RAMA STEAMSHIP CO. INC.

Pedder Building

TEL: 23676

Chinese Shipping Office

Tel. 28782/20153

BUTTERFIELD & SWIRE.

1. CONNAUGHT ROAD CENTRAL Telephones: 40331-8 Private Exchange,

'Agents: CHINA NAVIGATION CO., LTD.

"HUPEH"

"NEWCHWANG"

"FUKIEN"

"HUPEH"

"NEWCHWANG"

"FUKIEN"

TSINAN

"FATSILAN"

SAILINGS TO -

Shanghai, Tsingtao & Tientsin 4 p.m. 7th Nov.-

Shanghai 4 p.m. 7th Nov. Singapore, Batavia" & Macassar 4 p.m. 8th Nov,

ARRIVALS FROM

Tientsin, Tsingtao &-Frochow - Bed-Nowa Singapore Noon 4th Noy, Shanghai 6th Noy. Bangkok, Saigon & Swataw 10th Nov. CANTON RIVER LINE

Arrives 3.30 pm. 4th Nov. Sails 5 .m. 6th Nov,

Arrives-6.30pm-8th Nov Sails 9 a.m. 10th Nov.

Agents: BLUE FUNNEL LINE

U, K. SERVICE

Arriving

Mid Nov.

Sailing"

From

"GLENAPP" "SINKIANG"

1st week Nov.

UK, via Straits.

do

"GLENSTRAF”

1st Week Dee. NEW YORK SERVICE

For L'iool via Strait.

Arriving

"CLAUCES"

8th Nov.

Agents:

From

New York.

ORIENTAL-LINE, LTD.

AUSTRALIAN

■

Arriving,

3rd Week Nov.

"TAIPING"

*"TAIPING"

Salling

End Nov.

From

Australia

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 Notice.

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

General Managers. ́P: G O, Building. 5th floor. Tel 23755.

10

CHINESE SHIPPING DEPT.

20 Connaught Road, Central. Tel 24639.

AMERICAN PRESIDENT LINES LTD,

Speed Frequency ---Dependability Refrigeration Special Cargo G4 Tanks-Cargocoirs--Specie ·

8.6. "MOUNT ROGERS*

SAILING

FOR

19th Nov, New York and Boston via Singapore & Burz

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

vin San Francisco, Los Angeles and Panama.

For Panenge and Freight apply to:-

AMERICAN PRESIDENT LINES LTD.

B1, Guerres Bldg.

S.S.

Toj No. 28172/28175,

"QUANZA"

of the Companbia Nacional de Navegaçao (Portugal);

Salling Beginning December.

from Hong Kong to Lisbon, via Singapore, Colombo, Cochim,

Mormugao, Port 86 id and Alexandria ›

Accepts Cargo and Passengers

Information apply to

H. NOLASCO & CO. LTD., Stock Exchange Buliding, 8th floor.. Telephones 20164, 20181

THE CHINA MAIL, MONDAY, NOVEMBER 4, 1946.

On

British Ideas Full Employment

N.Y. Stock Market

New York, Nov. 2. Last minute buying of utilities and rails kept the stock market- on the recovery track after con- siderable profit taking had been absorbed during the greater part of the brief session.

Brokers credited

(By Sydney Gampell, Reuters City Editor)

London, Nov. 2.

At the International Trade Conference in London, Britain now proposes a separate International agreement on full employment, a sort of in- ternational Beveridge plan. It is particularly concerned to protect other countries against the effects of any slump in the United States, especially if the United States then tries to export its unemployment.

Britain, strongly supported by India. Brazil, Aus- the buyingtralia and most of the other countries at the partly to Wall Street's broaden- ine political optimism, dividends, earnings and the belief that more. of a technical revival is in pros- pect.

Advancers included Douglas Aircraft, Baltimore and Chic, and Northern Pacifie

Transfers were around 600,000, shares, the largest for Saturday since May,

The Dow Jones Averages: *Stocks 03.40, 20 Industrials 172.53, 15 Rails 51.22, 10 Utilities -36.10,

conference, now openly challenges the impli- cation of the United States proposals that if trade barriers are reduced, full employment will look after itself.

ien. I

Higher Price Of Gold

Johannesburg, Nov. 2,

Paza

JARDINE MATHESON & CO., LTD.

SHIPPING DEPARTMENT

16 Pedder Street

Tel 30311.

General Managers.

INDO-CHINA 5 N. CO., LTD.

The suggestion that South. Africa should raise the question of a higher price of gold with the International Monetary Fund for urgent consideration and report was contained in an article in the Johannesburg Star by Dr. A. J Bruwer, well-known South African S.S. "ESANG"

** 5.S. "WINGSANG”

S.S. "HINSANG" (No

economist.

Such a move, says Dr. Bruwer, would be of inestimable value to South Africa as well as to the world at large. There is world-¦ 3.S. “ESANG" wide fetish that gold can be sold at a price which remains fixed no tion may rise, he added. matter how the costs of producS.

has risen 16 per cent but the cost Since 1939, the price of gold of producing it has risen 30 per cent and there is no reason to be lieve that this discrepancy wil not be increased, due to a further rise in the prices of stores and cost of living,,

On the contrary, the British foolish to plan ahead on the as document argues: "The mainten- sumption that such action will be ance of employment on which all one hundred per cent effective," our hopes for permanent liberit asserts that each country must alisation of trading conditions be allowed to take measures to must ultimately rest, requires protect its balance of payments separate positive action."

and even goes to the length of Under the British proposal, tatively suggesting that any each country would undertake to country should be released from "It is fiction," said Dr. Bruwer Closing Quotations:

try to achieve full employment its obligations to the Inter-"that gold has and must have a 40, Alaska | internally; not to embarass other national Trade Organisation if its fixed price which Adama Express

prevents any.L Juneau 17, American Telephone countries by chronically export- own full employment policy i vitally necessary -readjustment than it imports; and jeopardised by the fallure of other of the price of gold to a higher ing more 168, American Tobacco

Waterworks 17, join a Annorican

positive Anaconda Copper

38

Aviation policy

chasing power---Reuter.

lowed war."-Reuter Corporation 7, Baldwin Tocem

methods

for this are: Stabilising

farmers income 214, Barndall Aviation 32's, Bethlehem Steel by buffer stocks (which stabilise without res producers' incomes 86 Boeing Aircraft 21. Bor-

timing Canadian Pacific trictionism'); den Co. 48.

inter- 14 J. 1. Case 37, Chrysler 85,

national publi

public works especially Colgate 50, Commercial Solvents internatio communications; 22, Corn Products, Dupont synchronising national policies of 177 Electric Light & Power expanding and contracting eredit General Electric 37, Gen- and interest rates; and inter- eral Motors 2 Goodrich, 66, national loans to countries which Gooilycar

Live

17

The

for full employment, vienai countries to maintain their pur-price level, which inevitably fol

JAVA-CHINA-JAPAN LIJN N V.

King's Building. Connaught Road,

Tel: Shipping Dept. 28016. Passage Dept. 28017. Chinese Agents, Connaught Road, C. No. 82, Tel. 25133.

Ship

58%, Homestake Min-maintain full employment (and m.s. "TILTJALENGKA” 40 International Harvester therefore help the world by main

International Paper 17, taining their

imports) during world slumps.

International Tel & Tel 18, Johns

Manville 127, Kennecott Copper National Action 40% Montgomery Ward 07%,

The British document conerdas

ปน fre

In port

31

Salling far Amoy It Now. -Shanghai-th-- Now:-

5.3. TJIHADAK"

Amoy 3rd Nov.

Aminy 08 Nov,

National Distillers 2 National that world-wide full employment Load 30, New York Central 17 is primarily a matter for national ma, "TJISADANE” Packard Motors 6, l'an-American Airways 10%, Pennsylvania RR rather than

international melion

and boldly asserts that maintain-

28. Radio Corporalion 10%, ing the domestic demand for

Silk 19%

Republic Steal goods and services is a duty Reynolds Tobacco 33%

Sears Rochuck which cach Government owes not

merely to

own nationals but to the world.

Shell Oil

30%.

Socony

regard." But since "it would be

Java mid. November

Swntow/Amoy

415 Nov.

Singapore/N.FI purts 11th Nov.

Bwałow/Amoy! Slanghal.

ROYAL PACKET NAVIGATION CO., LTD,

(DELI STRAITS CHINA LINE).

Shly

<on from

Singapore Mil. Now.

Salling for Swntow/Amoy middle Nov.

Cacuum 14, Southern Paelfie f The British Government gives mis "VAN HEUTSZ" Belawan Dell/Tenang 464, Standard Brands 37%, Stan- "unambiguous recognition of its dard Oil of Calif 55%, Standard international responsibility in this Oil of N.J. 68, Studebaker 23. Union Bag 29. Union Carbide 94 US Rubber 57, U.S. Steel 74. Westinghouse 24 Young- own Sheel & Tuber 674, ciated Presa.

(ORIENT JAVA AFRICA LINE). Bhip

de from

Sailing for MA, “STRAAT SOENDA” Singapore early Dec. Singapore. "Balavio,

Money Market Review

-A.380-

London, Nov. 2

COMPENSATION

BY CZECHS

Prague, Nov. 2- -----is--announced that-the-f Czechoslovak Cabinet has reach- ed an agreement en compensation to foreign owners of nationalised property. Compensation

the beep accepted in general with provision of long term agred.

currency

Ship

Durban, Caperlaat.

Manciny, Port

Elbabeth East

London,/Bueno76

Airon, Sarlo, in

de Janeiro: If audtelens induerment uffern call Ing at

Saigon/Bangkokį

¿Mauritius/Reunion

Madagusenr/Belen/»

Lourenco-Marques? Montevideo early Dec.

SILVER LINÉ, LTD.

As the week opened, the drainment-in-casas where indemnity has been partly recovered by new trade or licenses. Investment in foreign

only will receive in that currency, "The 1.5, "SILVERGUAVA" In-part money or afflised property

of former Czechoslovak eftizens who have since changed their nationality will not be compensated in fot- eign currency-Reuter

of money to public department arising from payments of new Treasury bonds repiscing locai

some banks toj loans compelled call in short term moderate scale.

The resulting shortage was ac

by the calling in by centuated another bank for "window dress Ing" purposes. Official Help-be came necessary but subsequently the money position underwent a complete change when the bank which cariler called in for win- dow dressing became anxious to re employ these funds and was a ready lender and good buyer of short dated bills.

RUBBER EXPORT TAX

London,, Nev., 2. It is authoritatively learned that following representations by the Governor of the Malayan Union, the Malayan Union's rub-

due from

m.s. "SILVERSANDAL" in peri

m.s. "SILVERTEAK"

Skip

U.S. Atlantic & Pacifi Ports via Shaughti 20th Nuw.

Epiling for

After docking inlling on or about 8th Nov, for Vancouver..

After docking loading

on or about 12th Nov. for Sirašta, Colombo and JL. 8. Allantio ports.

HOLLAND-EAST ASIA LINE

due from

ber export tax will shortly be rems. "VAN DER HELST in port... duced.

The market was able to satisfy needs up to the end of the week but conditions continued rather

The loss to the Union Govern- difficult, the supplies of

of credit be-

ment will be recouped by taxes ing just about sufficient to meet

spread over other commodities. the market's requirements.

It is expected here that an 24- Applications for £180,000,000 Treasury bills totalled £201,000,-nouncement will shortly be made in Malayn to this effect-Reuter.) 000 and the market received about 39 per cent of its applica. | Lions-Reuter..

THE OLD ROCKET AND THE NEW

(Continued from Puge 4)

MALAYAN RUBBER

Singapore, Oct. 30. Malaya w have little trouble assembling the 200,000 tons of rubber which the United States has agreed to buy before January

ས་

The Malayan Union "registrar,

of statistics announces that stocks

m.s.. "PHILAE"

Rolterdam/Antwer"/

Gence/Part Sail/ Bingapore early

Dec.

Sailing for Colombo/Part. Baldy Antwerp/Rotterdam/

Amsterdam/Copen Lagen/Gotherbury/.

Oslo 3rd Nov.

Shanghai/Singapore // CulomboyPort Sold Antwerp/Dotte Mamy.***

Copenbaren/Cutherie burg/Duo early January,

PACIFIC FAR EAST LINE

beld at the end of September Sailing From Hong Kong Trans-Pacific To

totalled 128,910 tons and Septem ber production reached 43,232

Should production continue at

As developed by the Germans the device was enormously ex- pensive and by no means per- fect. But it is probable that toris. something like this will be the the same level from October to A.A. weapon of the future, the December, tapping would swell S.S. "gunner" seeing neither target Kalaya's stock available for ex- nor missile directly, but work-pert to 240,000 tons ---Associated ing on "blipa" on a screen from his dug-out.

There are many hundreds of other exhibits of great interest,

but none that suggest the Ger-

Press.

CHICAGO GRAINS

SAN FRANCISCO & LOS ANGELES

(LOADS HONG KONG AS INDUCED)

s.s. "Luxembourg

Victory"

Calcago, Nov. 2 S.S. "China Victory-

Short covering-in wheat moved

SAILINGS

to Straits & Calcutta win Saigon 8th Nov.

Passengers)

to Shanghai đih Nov,

"EMPIRE FRASERTM EMPIRE WITHAM

15. "HINSANG"

19. "TAKSANG”

S. "WINGSANG"

ARRIVALS

to-Shanghai th Nov,

from Straits & Saigon 5th Nov.

IN PORT

Kin. Wharf 3.N.

• Buoy A.13. Yaumati Anchorage. Anchorage E.1. Custodian. Wharf.

Subject to alteration without notice.

Ill intending Passengers (are::requested to register their inainda n

ir as possible in advance of the time at which they with intense

Agents: GLIN LINE LTD.

4.V. DENBIGHSHIRE MY. "GLENSTRÆE"

M.V. "GLENAPP”

due from UK. 2nd Nov.

Lands for K., Rotterdam :zteit-

werp Amsterdam-Mid Nov.

Managing Agents:

AUSTRALIA CHINA LINE

M.V, NEWBROUGH

.....due from Austrnila via Kavazn.

Mid Nov.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

S.S. "LAKE NIFIGON" due from Vancouver/Shanghai 11th Nov.

PENINSULAR & ORIENTAL STEAM NAVIGATION COMPANY

Ship

“TRÉVETHOE" "RENALDER" "SAMLAMU" "GLENIFFER" “SAMADANG" "TREVAYLOR" "TREVEAN"

Ship

"SAMADANG"

"TREVETHOE"*

*From

U, K. UK. Bombay U. K.

Bombay via Kure

UK. U the

Loads For

Straits & Bombay

Straits & U.K.

Due Discharging Early November Early November Mid November Mid November

Dovenner. Dovember

Randy

End November November

Accepts cargo for London, Antwerp & Rotterdam.

BRITISH INDIA STEAM NAVIGATION CO., LD

SHIP

"BINFIELD"

LOADS FOR

Singapore, Fenang,

Madras & Calcutta

6th Nover

EASTERN & AUSTRALIAN STEAMSHIP CO., LTD.

Passengers & Freight to Australia

For full particulars apply to

MACKINNON, MACKENZIE & CO.

Telephone Nos, 27722-4.

PRINCE LINE

U.S.A—FAR EAST-HALIFAX-BOSTON-NEW YOR

MV. "SCOTTISH PRINCE"

9th Nov. Mid Dec.

JARDINE, MATHESON

mans.. surpassed the Britian prices for that grabe aberply up. S.S. "Herbert D. Croly" Mid Dec.

Indications of increased Gov- S.S. "Britain Victory" Late Dec.

ernment interest in the purchase of cash wheat for expert was the

Oate

髓

factor in the Advance 1 to 2 $2,08%, March

to 15

lawer. higher to lower. Barly unchanged to 1% lower... Associated Press.

GENERAL AGENTS UNITED STATES LINES COMPANY .314, Queen's Building. Telephone 88092.

PACIFIC ORIENT EXPRESS LINE

scientists in ingenuity, any ward but core and oats could find more than German factories little incentive to advance except surpassed those of Britala in on the strength of wheat. production, That Britain was not always first in the field is easy to remedy; that she fed the world in invention le a fact that is destined to benefit every civilised country when the peace-time applications of her discoveries become known. Indeed, in some matters which are to be of immense im portance in the near future, it ig obvicas that British research + hug been far ahead. It does

New York, Nov. 2 not need an aero engineer, for

Cotton futures were irreguİKT, instance. to see the difference Early profit taking drove values between the German Jumo 004 down so much sa $5.00 a bale but? or other let propulsion units and the setback, attracted trade cover-{ the Rolls-Royce Dervent Ying and the market rebounded sa Engine or the De Havilland much as 1250 a

Lower Goblin II engine. The former engine that which was in Dec. 11.00-05, March 31.75, May

69 cents higher the aircraft that broke tha 31-18, July 30-365-409% Oet: 27.55 MOLLERS' (HONGKONG) LTD, Agenta world' a speed record at over 600. Dec. 27.20, bid March 20.76-bid. m.ph, last year. Both give a Middling spot #268 Associated thrust exceeding 3,250 lbs

NY

COTTON

Baling from SHANGHAI and HONGKONG direct, to SAN FRANCISCO and PACIFIC COAST PORTS.

Loading Hongkong (If sufficient inducement)

"MVITO"-

MV. VILJA" MV. "PARRAMATTA” M.V. "VINGNES"

early, November. lote November early December late December early February 1947- Vessels equipped with bulk of storage facilities..

Cargo and Passengers apply --

Putante closed $1.7 ft higher.] - MV. “MONGABALRA"

Prein

Queen's Building

Tel. 31156.

2nd floor

Tel, 803110

DUE 23rd NOV.

CO., LTD

Chinese Freight Agents-CHEONG FAT CO.

Telephone 20037

SWEDISH EAST ASIATIC CO., LTD.

M.V. “NAGARA”.

loading for

Port Said, Marseilles, Antwerp, Rotterd

Copenhagen, Oslo and Gothenburg. 18th NOVEMBER

For further particulars, «apply to tur GILMAN & CO., LTD.

Agents,