JAVA-CHINA-JAPAN LUN N.V.
King's Buliding: Connaught Road,
Tel: Shipping Dept. 28016. Passage Dept. 28017. Chinese Agents, Connaught Road, L. No, 82, Tel. 25133.
Whip
ma. MITJALENGKA"
Ahlp
1.8. "TJISADANE"
das from Ustavia v Kuntok on or about 28th April
de from
Montane/Bustambaya/
Beiharang/Batavia, nor about 19th May
Balling for Amor & Bhangbat, 29th April.
Balling for
ROYAL PACKET NAVIGATION CO., LTD. (ORIENT JAVA AFRICA LINE).
I
Ahip
TJIPONDOK"
m.s. "TEGELBERG"
due from
Hhhehal
zith. April.
In port rarandaning
salling for Loading on 28th April fort
Mall, ingåvore, Belavin, Mauritiua, Lourenco Marquee, Bolrs, Durban, East London,
fari Elisabeth,
Mospelny, Capetown,
Bumbo Adres,
Mustecken, Benton,
Hio de Janeiro.
Cargo areepted on through
I of Lading to Dar-e- Zanzibar, Rad
Sanam,
Mombasa.
Loading for South Ateles and Boulh America May.
(DELI-STRAITS-CHINA LINE)
Hhip
m. "VAN HEUTSZ"
Whip
Day from
Belawan (715,
Penang fingapore
ab th May
Balling for Swatow & Amor
by 10th May
45 15
SILVER LINE LTD.
m.s. "SILVERWALNUT"
due from
Colomban
traits.
Belling for Bouth Africa, Phiflsulmer,
& Madras, Colombo. 1.3. Attaulle 24th April porta iz Burt, on
About Bib May.
"HOPERIDGE"
New York, S. Franelaco 6 Yannover, May/June,
U.8. Ailindle porte, carty June
HOLLAND-EAST ASIA LINE
Яhip
2.8. THORBECKE"
due from Anghel
May 15th,
AS. "BREDERO"
Europe
early' May.
. "LORENTZ"
Europe,
end May.
Loading for Blagspore/Colambo! Port Bad/Antwerp/
Bottarder/Amsterdam/ Hembark/Copenhagen/ Gothenburg/Oslo. Kay 11th
Blogapore/Colombo/ Port Baid/Antwerp/ Rotterdam/Amsterdam/ Hamburg/Copenhagen/ Gothenburg/Oslo. Early June,
Manila/Singapore/ Colombo/Gues/Pork Bald Genna/Karmelllem /
Antwerp/Blatterdam/ Amsterdam/ilambure/ Copenhagen/ Guthen bure/Calo, ancond half June.
THE EAST ASIATIC CO., LTD.
of Copenhagen
M.S. "KINA"-
Loading for
ADEN, PORT SAID, TANGIER, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG
& OSLO,
also accepting cargo for Manila. Singapore, and Colombo
28th/29th April
Tanks available suitable for the carriage of oil in bulk
For further particulars apply to: THE EAST ASIATIC CO., LTD. Queen's Bldg., 2nd floor.
Tel. 84111 & 84112.
Peninsular & Oriental S. N. Co.
SHIP
"TREVETHOE"
ARRIVALS.
DUE
26th April
U.S.
THE CHINA MAIL, TUESDAY, APRIL 22, 1947.
得
BUSINESS PULSE HAS
AN IRREGULAR BEAT
New York, Apr. 21.... The pulse of United States business and finance. developed an irregular beat last week as agila- tion for lower prices collided headlong with an overwhelming quest for higher wages.. Retail trade was lower, steel output dropped for the third straight 'week, engineering construc- tion awards tapered along with meat produc- tion, and, electric power output declined for: the sixth consecutive period. The return of the soft coal miners to work brought bitu minous production near normal weekly output of around 12,- 000,000 tons and this in turn was rellected in an increase of 43,000 in freight carloadings.
Automobile output climbed fram better than 5,000 unitn the previous week as the indur- 1,000,000th try rolled out Its passeng ear since the first of the year.
Crude oil continued Its sea- sonal gain and bank clearing were higher.
Wall Street Losses The stock market ran smack into the worst selling storm of the year which clipped nearly US$2,000,000,000 from the quoted value of listed shares before ubating. Prices rose, fell and then declined again leaving a net loss for the week of US$2,000,000,000 or more Stock wales went to 6.966,480 sharen compared with the pre- vious week's 4,663,910 and last year's 6,429,940)
The par value of bond sales was US$23,933,000 compared to last week's US$18,891,000, and Inst year's US$19,633,100.
The Texas City disaster with its unaccounted millions of dol Jara in material losser Win pointed up vividly in the annual report of the National Board of Fire Underwriters, disclos. ing fire losses soared to a now high of US$72,000,000 (In Mar US$13,000 was recorded).
High Prices
High prices and what to do about them, plus new steam in union drives for higher wagea kept the business world on edge throughout the week,
The price structure was de- | bated in Congresa, across din- ner tables, in labour manage- ment confabs, and just about everywhere.
little
on
dona
steel producer, and labour ob- servers belleved this. would set) a pattern for the rest of the industry.
Timken Roller Bearing offer- ed a ralee of 10 cents to united atcal workers and General Mo- tors offered 11% cents to CIO united aulo workers. Neither, of these offers was accepted.
Business Highlights
New York: F W. Dodge Corp. annodneed investment: commitments for construction in 37 eastorn states set a re- cord high of US$1,010.080,000 in the first quarter.
This gain was attributed to the greatest residential building activity since 1928.
New Jersey: President Her- bert Smith of the US Rubber Co. told stockholders he be- leved the company's factories would
continue at capacity throughout 1947. He said nules In the first quarter were 40 per cent higher than last year.
Pittsburgh: Westinghouse Electric finished the first quar- ter with US$642,090,960 back. log of unfilled orders, the high-¦ est in peacetime history.--Asso- clated PreяR,
PRACTICAL MEMORIAL
Poolo, Apr. 20.
A proposal to honour. World War If dedd by up- plying housca for widows of men who with children
disabled ex- died in action. Servicemen and deserving ez-soldiers, has been adopted. in Dorentahira "county as "practical" memorial
Volunteer D. Ps. För Britain
AMERICAN PRESIDENT LINES.
REFRIGERATION—SPECIAL CARGO OIL TANKI-
CARGOGALE_SPECIE
SAILINGS
SAN FRANCISCO AND LOS ANGELES VIA SHANGHAI, KOBE, YOKOHAMA & HONOLULU
25.24
SS "Marino Adder" ́.... (Direct to 8.F.). 99 "General Gordon"
April
27
April
27
83 "President McKinley" - (via Manila) $8 "Marine Lynx”
May
May
17
35 "General Moiga"
June
10
NEW. YORK: AND BOSTON VIA SAN FRANCISCO AND LOS ANGELES
Moy
3
May
July
August
London, Apr. 20. The first batch of vol- unteer, displaced persons from the British Zones in Germany and Austria SS "Vanderbilt Victory" "
SB "Skidmore Victory" will arrive in Britain on ss "Rutland Victory" Monday. d.
A campaign has been launch. ed to obtain funds for build- ing blocks of houses, which' will rent, for ten shillingn work less than selected tra- ants would otherwise' pay- Router.
*
-During the next two there will arrive 3,000 in all.
weeks
SS "Willametta Victory"
The Labour Ministry says that
an organisation has been set up
NEW YORK AND HAVANA VIA SINGAPORE COLOMBO, COCHIN, BOMBAY, SUEZ AND MEDITERRANEAN PORTS.
SS "President Monroe"
S3 "Mount Rogers" SS "Marine Lynx"
MANILA
1
April
23
.... "April
28
May
11
April
23
May
12
in the two zones, and has been AURIOL IN working with the Control Com-188 "Mount Rogers"
missions and UNRRA in selecting 99 "Marine Leopard" (also calls Karachi) DAKAR
displaced persons,
They will be used for work in suitable Bri. President Vincent Auriol of Britain for which
not available France arrived in Dakar today tish workers are aboard the French warship and their payrates and conditions as for British "Richelieu" on the Grat stage will be the same of his tour of French Weat Af-workers
Displaced persons will be given ricn.
coupons ration books, clothing He was met by the High and clothing where necessary, In Commissioner and army
addition to an immediate grant civil, administration, leaders of five shillings each. well as native chieftains in full
Each volunteer wil receive 15 regalia and mounted on horse-clothing coupons at once and 13 back.
more at the end of every three After a short speech; Presi- months. Every effort will be made dent Auriol reviewed Sudanese to bring the, families to Britain troops and placed a wreath on GA Roon as possible, and the fami- the monument to the West Af-lies will be employed together.— rican war dead.-Reuter.
Reuter.
AMERICAN PRESIDENT LINES, LTD.
.
and
4
Agreement On U.S. H.K. Stock
Steel Wages
Pittsburgh. Apr, 21.
President Philip Murray of CIO announced a two year agreement between the CIO United steel workers and the United States Corporation providing wage increase "slightly in excess of 15 cents an hour."
Norway's Pilot Loan
But there was about it.
Reductions in 'n fow COM-
New York, Apri: 21. modities at retail level wore
Norway is testing the Ameri- few and far between,
est market for foreign securities Labour and management with a $10,000,000 "pilot loan" reached agreements
new which is the first request from contracte in several fields but abroad alace the war for new every one called for new wage funds from private investors.
Up to now the American Gov- highs, adding still more to
crnment-in the case of the big costs. This british loan and the American manufacturing posed a question whether in- Export Import Bank have been ercases would be passed on to the principal sources of credits the consumer or absorbed at in United States dollars. factory level
Labour Contracts Westinghouse Electric closed
European representatives.
The agreement provides $1.00 a day increase for all em- ployees.
Exchange
Market opened Grm, closing siçady with muck activity In Crments which ad- vanerd #25. A large business was done In Fotels. Chica Lights, Dairy Farms and Watsons.
Closing-Rates 4. p.m.1—
I.K. Garl Loans: 47% Loan 1074h: 8 Lon 105%
Danko JL.K. a 9. Dank 1832b, 186fen,
St. George's Bldg.
Tel: Nos. 28172/28175
Pacific Far East Lim, Inc.
TRANS PACIFIC SAILINGS
To San Francisco & Los Angeles
-SPECIAL-CARGO OIL TANKS.....
a. "Great Ropubile"
.. "Sirocco"
Duo Apr. 20 May 7
Saita Apr. 20
Via Yokohaina
. May B
Via. Yokohama
8. "Lakewood Victory" a.x. "Flying Seud"
10
10
17
Via Yokohama Direct
American Pioneer Line
Arrivals from New York, Boston, Other Atlantic Ports via Panama
(Lan. Des.) 19n: Chartered B. "STAGHOUND" 12-1/3G: Mercantile Bank A. & B. 206: 4.5. “RESOLUTE" Bank of East Asia 96b.
Insurance Canton Ins: 4916, 440pm; Union Inc. 155b; China Undrewskep. Int H.K. FI In. 10.
Shipping: Douglases 220b; XK. & M.
Due
Apr. 25th
May 30th
Sallings to New York, Boston, Other Atlantic Ports via Panama Canal
SPECIAL CARGO OIL TANKS —
The remainder of the raise- about 2 centa-covers elimination of inequities by creasing the standard wage rates, improvements vacations, reduction of southern differential and the en-2. t. 27, 27an. ex. Rt18.24%), Rua 4b; tablishment of a severance pay
20%/%/%%m%: programme,
the Steamboats lie: Jado Chinas (Fre.) 10ôn, *** || (Dət) 2400: Bhalla (Ilourer) 109/n
Unken Winterhost C, Ria, 165, #2, Hu. "STAGHOUND" hourly, phta 176.
8.9. "RESOLUTE" in Decks, Wharves, Godowns, me. HỀ. thu & K. Wharven 2004, 260/246no: 11,K. Dock¬į
China Providents 20 jib. Bhanghai Dockyards 12.
Mining, Raub Mites 0,401, H.K. Minen) The ruises are retroactive to
21% cesta b, 3 cente An April 1,
Lands, šiotels & Bldgsis H. & B. Hotele The agreement continuea the 204 205/4/5 H. Lane a maintenance
membership" 97%/99: Bhanchal Lands 4%b: Hom clause, and the dues checkoff in phreys Estates 285, 243: HI.K. Realties company plants.
1156, 211 2136/28; Chinese Estate
of
This is the first agreement 100. reached by the union for 1947 in.i Pablle Ulities: H.K. Transways 46145. «countries'; the basic stool Industry.
¡] 40/47um; Penh Tratos, (014) #b, (News), -14561: Bar Ferrian. 1986; Yanmati Par- The union claims 850,000 mem-ries Chine Lights (Old) 14. have eyel the tremendous wartime ac-bers in the basic steel sad stosi 34000, 13/14.90/15, (few) 301 HX.
Electric 44346, 45%, 40%1⁄2/**; Muza. a contract providing 16 cents cumulation of private investment fabricating plants,
runda but have held off,
The agreement is subject Loi Electries 10/10% Eandakan Lighta bourly, to 75,000 workers. Now they are watching to seo approval by the Union's wage or Telephones (Old) 4052%, 40%%% Some 50,000 Western Union whether the response to Norway's polley committee at a meeting 4/465,' (New) £8% b. Telegraph workers accepted and request for funds will justify Monday,
Industriais Canton for Increase of five cents hourly in similar effort of their own. Ratification is expected-Asso-Cemento 2, 2014/20/22: 11.6. Nop contrast with the original 25)
ciated Press.
Storm &c. Dairy Farms 814b, 20%40)] cents demand. An incrcase of
184/506k; Watsons 48%). 43/43%98Z 71⁄2 centa was accepted by 9,800
Lane Crawfords 17, 37a; Blizers union workers at the Victor
66; Chica Emporium ob: Sun Co., Ltd. division of Radio Corporation
446) Kwang Sang Hong 225h; Wing On?
HK) : Wm. Towell, Ltd. '. of America.
A
American bankers at the same time are watching the response of the American people to such pn offering.
in
Australia previdualy · floated much larger series of loans the United States but the Aus C10 steel workers demanded trallan loans were mainly for the 23 centa increase from Jones refunding of prewar Australia and Laughlin, the fouth largest' debts.—Associated, Press;
A BRITISH CROSS WORD PUZZLE
3 4
19 N
FROM
"SAMSOARING"
U.K.
"STRATHNAVER"
U.K.
"TREVELYAN"
U.K.
.UK.
29th April End May June
SAILINGS
10
TO
"SAMSOARING"
"STRATHNAVER"
(Passengers only)
"DILWARA"
Shanghal &-Japan .D.K.
U.K.
READY
29th April
15
19 80
10th May
22nd May
SHIP.
(Passengers only)
British India S. N. Co., Ltd.
FASSENGERS, AND FREIGHT TO STRAITS AND INDIA
Eastern & Australian S. S. Co., Ltd.
ARRIVALS
SHIP
"HWALIEN" "NELLORE"" EMPIRE AT
FROM
Sydney Australla Manila
bana;
ILINGS
'DUE
126
298 Clues Across
Swift:
22
00th April, Early May
8. Vendetta!! 7. Condiment
19th: Maya, Uttar, defeat. --
19. Tube.AMAZ
10: Naval officer.
17. Untamet
· Blueella mantas China Entertainments.
New York, Apr. 21. Twentieth Century Fox Film Corporation and subsidiaries re ported a 1946 profit of $22,019, 196: E.K. Constructions 7%, 7/7 625 equal to $7.00 a share.com/ Vibro Pag 5b Marman Investments, pared with $629 -the- provious 18/0n: Marsman, ILK) 1/68. year-Associated Press.
Cottones Ewor 106.
L
New York, Apr. 21. The "Anaconda copper mining
San Francisco, Apr. 21. Ship movements: April 19.
For Full Particulars Call
Sails
May. Oth Bist
UNITED STATES LINES CO.
General Agents
314, Queen's Building.
Tel. 81251 (3 linea))
The SWEDISH EAST ASIATIC Co., Ltd.
M.V. BATAAN M.V. MANGALORE
OUTWARDS
discharging H.K. about 2nd May discharging H.K, about 18th May ·
HOMEWARDS TO EUROPE
M.V. TRAVANCORE
.....loading H.E. about. 2nd June
Tanks available suitable for the carriage of all in bulk. LOADING FOR
PORT SAID, GENOA, MARSEILLES, ANTWERP ROTTERDAM,
COPENHAGEN, OSLO AND GOTHENBURG.
company reported a 1948 profi The Juan Martin Miller. ar- For further particulars apply tal-m of. 328,838,612 ¿qual to $2.76 a rived from Yokohama: share compared with '$2.85 the China Victory departad previous year.Associated Praiz.' Honolulu,--Associated Press,
No Agreement Over Yugoslav Demand
the
for
Home Moscow, Apr, 21. The deputy Foreign Ministers on Austria failed to reach any compromise on the Soviet supported Yugoslav demand for Southern Carinthia but settled some points in the Austrian streaty which had been in dispute for months. In the Foreign Ministers Coun
ell the Bustrian pakt was examin-| red, twice, with "the result that
Russia dropped her insistenco NOTICE TO CONSIGNEES
HOLDING that war criminala be returned frem, hausbela" (without presenta. tion of isvidenen- The Ministers) cancelled a second meeting scho- duled for, today.
P. & 0., B. I. & E. & A.
· BILLS OF LADING
mone time to wOSKY LORY: Flokmoet tilÓMI Fonday in the will attend at 10 mm2 on Mon- days and Thursday, within the
report of thin
GILMAN & CO., LTD.
Agents, Telephone 31148.
BEN LINE STEAMERS LTD.
ARRIVALS
FROM
SHIP
ss. "BENLAWERS" 5. "SAMAFFRIC"
· UK.
„U.K. SAILINGS
Loads for
DUE
20th April
End April
B.SBENORUACHAN" "London, Antwerp, Rotterdam 20th April *8.8. "BENLAWERS"- London, Antwerp, Botterdam 25th Aprik
* Special Tanky available for candiago of oli in bulk,
For Further Particulary, Apply To-
WUR. LOXLEY CO, (CHINA) LTD. Agents
York: Bajkingi
THE HO HONG STEAN
"HONG"XHEI
SHIP CO. (1932) LT
SHIP
MACKI
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