1947-05-10 — Page 9

BUTTERFIELD & SWIRE

1. CONNAUGHT Road CENTRAL Telephones: 30331-8 Private „Exchange.

Agents: CHINA NAVIGATION CO., LTD.

"THINAN"

"FUKIEN

"HUNAN"

"SHENGKING"

“LANYANG"

"FOOCHOW"

"TSINAN

“HANYANG

"KWEIYANG"

HUNAN" "NEWCHWANG" "SHENGKING" "SINKIANG

SAILINGS TO

Swdlow 2 pt. 13th May Singapore & Penang P.L, 1616 Maš Tamkang, Haiphong, Pakhol &

Hollow 4 p.m. 15th May ... Shanghai 4 p.m. 16th: Biny Shanghai & lentein 4 pm, 17th May Shanghai, Nagoya & Kobe 4 p.m. 24th May ARRIVALS FROM

Swatyw a.m. 11th May Singapore & Hoihów pan. 11th May Bangkok, Salgon & Swatow 12th May Tientsin, Shanghal & Foochow 12th May

"SHANTUNG"

"FOOCHOW

CANTON

"WUSUEH"

Singapore 18th May Shanghai em 14th Mag Singapore D.L. 14th May Huiphunk & Timmkong 15th May 'Singapore 20th May RIVER LINE

Sails 10 nm. 11th May. Arrived 0 pant. 13th May, Sallaan. 16th May.

Arrives 10 n. 18th May.

Agents: BLUE FUNNEL LINE

U.K. SERVICE

Arrivals from

"GLENIFFER". United Kingdom vin Straits "GLENATFARIC"

do

Early June Early June

Sallings to

"STENTOR"

Genoa, Marseilles, Havre, Liverpool, Glasgow via Port Said.

June

NEW YORK SERVICE Sailings to

"EURYBATES".. New York via Straits & Port Said

4

"STENTOR"

1th May

Arrivals From U.S.A. via M nulla & Shanghai Early June Agents: Australian-Orientál Line, Ltd.

"TAIPING".

Arrivals from

..... Australin

Sailings to

Australia.

141 week Jung

"VESSEL"

End May

• Accepts Cargo to N. 2. ports on through B/L.

All The Above Subject To Alteration Without Noties. For Passage and Freight Partkulara Apply To The Above.

DE LA RAMA LINES

EXPRESS CARGO LINER SERVICES

TO AND FROM PACIFIC & ATLANTIC COASTS

From

Atlantic Coast)

vin

}

Los Angeles } Pacific Coast Shanghai

New Orleans

For

Atlantic Coust.

Facific Coast

ARRIVALS

Duto

(17th May

Vennel

my. "DONA ANICETA" ( 6th June my. "BALI" (Early July mv. "DONA AURORA” 20th May

my, "HAINAN" 28th May my. "MANGALORE"

10th June

my. "DONA TRINIDAD” SAILINGS

Date

Vessel

(22th May ny, "DONA ANIÇETA"

June my. "DONA TRIÑIDAD" Bist Duy my. MANGALORE"""

-THE DE LA RAMA STEAMSHIP CO. INC.

Pedder Building

Tel.: 28676: 22075,

Chinese Shipping Office

Tel.: 23738/20168....

BARBER-WILHELMSEN LINE

m.v. "TAI SHAN”

loading about the 17th May

for

NEW YORK via PANAMA

calling at

San Francisco, Los Angeles, Panama, Boston, New York, Philadelphia & Baltimore

For freight and further'

*' particulare apply to--- DODWELL & CO., LTD., AGENTS Hongkong & Shanghai Bank Bldg.

Telophons 28021.

MAERSK LINE

A. P. MOLLER, COPENHAGEN. Moller Steamship Company Inc. New York

My General Agents..

MONTHLY SAILINGS TO NEW YORK, ATLANTIC PORTS,

SAN FRANCISCO, LOS ANGELES 100 PANAMA

MAERSH"

BEK "BAK"

oll in b

THE

CHINA MAIL, SATURDAY, MAY 10, 1947.

| CANTON INSURANCE MEETING

Uncompromising Attitude Of Steamship Companies

Criticism of the present uncompromising attitude'

of steamship companies towards claims for cargo losses, was voiced by the Hon. Mr. D. F.. Landale yesterday when he addressed share- holders at the 62nd annual general meeting of the Canton Insurance Office Ltd. held in the Board Room of Messrs. Jardine Matheson & Co., Ltd.

our

Money

the Market

ngalust 37.98%. I would Mr. Landale said that under | as the plea of abnormal conditions explain that lability to various chops have been muu UK. Income Tax and Excess duced into bffs of lading to Prodts Tax has not yet been evade what would normally be agreed and consequently these the carrier's Hability under the percentages will require adjust. Carriage of Goods by Sen Act.ent when payment of tax in

Supporting Mr. Landale inmate, the clinir were the Hon. Mr. M.K. Lo and Mensis. F.C.,

******

Opening the meeting Chairman said:

"It is very pleasing to your General Agents and Consulting Committee gain to hy before you such a satisfactory account as that for 1945, which has ruv off with a credit balance of $2,207,168, The balance is down

with that for 1941

birt

The money market was buzzed with netvily yesterday as heavy speculation kept rates of both gold and Pinstre notes constantly on the move.

Thumour of an Increase in the official price of gold in Shanghai caused non-stop 12-point spurt from $200.00 to $273 a tagl. The market opened at $203.15 $260.50 and had vedkened to Long Way To Go

when the electrifying news came.. It eased off somewhat to $268 at

"The balance nf credit of

ruse to 23 cents,

DOW JONES AVERAGES

New York, May

A major change is being minde i inten comprising Dow Jones utility stock price averages, cfcative imediate. ty. Dow Jonca is dropping stocks insited by six holding compstutes which have to dis- pro- poar of a considerable portion of their assets, satisfy the Utility Holding Company act requirements.

to

Thear divestments have been subjecting holding com pany stocks to wide market luctuations, They are being replaced by issues of six com panics nat subject to the Securities and Exchange Com

nission diventnient ordere. Reuter.

Shipping List

'In Poit

Annkek (Walter) Bris (Thorera) Think

Batuary Glinan) Caltex II (Texas Dilj Chungking. (D,

3.5

Edith Noller

Empire Birk... Emily Labrador (Willlnesson) Empire Mesintsin (koller) Empire Tirk (J¢bálán) Empire Pums (Gilman) Empire Tern (ailman) Furybates . * 8.)

Fenstien (, & 9.) Pukien (B. & 89.)

Fentrum (A.1.0.)

to

Gad (A.P.C.)

Hal Tan (Dua)

Karmarle (Dowell)

Barry, W.A. Stewart. C. Ber-working accout 1946, as at Dee.the clure. nard Brown. P.S. {'niy

Plastres started off at $12.30 a D.E. Clark and S.T. William-3, 1916. alond at $2,822,441

ion de pped to $12.23, and then Chebers of onsalting Compared with $2,675,489. an

Increase of $146,952, Premium climbed to $13,30. It wan a day Committee) and Mr. K.A.

beomanus dictunti: n, and the necme is up by $633,295 | Mason (Secreinry 1.

the the compared with

previous rate closed at $12.03. year and this is due in large Chinese National Currency can. measure to resumption of tinued to improve, and there was

of returning cen the activities

Far Enat. general tene

fidence among operators. Futures. There is yet a long way to go but, unless something unfore after opening at 16-7/8 cents for seen occurs, this account should CN$1,000 closed at 18 cents. Spot run off reasonably well.

U.S. dollars had buyers at $4.62. "British. Indian and Colonial Sterling improved slightly by $218,106 when compared Securities have fallen by $11.30: und Australian pounds re-

thly $711,070 or £44,071, NA "Xmained unchanged at $12.52. infier accaiint Was record. pressed in Sterling, which is

income Tell from attributable $5,036,850 in 1944 to $4,368,175 portion of our gili-edged hold- However, this was commiors withings to meet the dividend for mast marine insurance

the war years. The decline panies and was due in the hain would have been greater but for Lo the decline in war risk rates the appreciation in the market Other following the cessation of hos- value of the securities. titles. I am glad to say that investments reveal A rise of interest is up by $22,653 and $378,487, due to the increase in whilst this is most gratifying, market value of Incal invest- Investment and, ex- I fear it will be a long time be.ments. fore. Interest from investments change, fluctuation account has approaches our pre-war #gures. increased by $1,214,862. Here of funds in gain, appreciation in the mar

ket values of our investments these days presents a problema at Dec. 31, 1946 is respon-

Premium

The investment

com-

and it a matter which epi

sible.

Con-

i gages the constant attention of

the Grueret Agents and sulting Committee,

out

-

to the

xale of a

ARRIVALS AND DEPARTURES

Yazmali

Itin. Whi. Hult's Whi.

4

JARDINE, MATHESON & CO., LTD.

SHIPPING DEPARTMENT

10 Pedder Stroet

Tel. 30311.

General Managers.

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

9.8. "KWAISANG"

SAILINGS

to Straits & Calcutta p.nu. 12th May S.S. "EMPIRE FRASER” ....to Swatny & Tlenfala am, 18th May 9.8. "WOSANGLg. to Foochow Keelung & Shanghál 231d. Aíny

ARRIVALS

from Bangkok 14th May From Straits, Sibu & Sandakan 20th May from Strafts & Culcotta 24th May

S.S. "EMPIRE FRASER" 8.5. "WOSANG" 3.5. "ESANG"

Cargo nccepted on Through Bits of Lading for MADRAS vla Singapure and for KUDAT, JESSELTON, LABUAN, TAWAU, LADHAD-DATU and SEMPORNA via Sandakan.

Subject to alteration without notice.

All intending Passengers ava requcated to register their names os far as possible in advaner of the time at which they winh to leave,

Agents: GLEN' LINE LTD.

R.S. "MARON".

Due Hong Kong from London via Port Said and Straits inte May.

Lirik S.S. "GLENAFFARIC" Loads for London

8.5. 1o.

Kin. 1. Blutonshiriger

Kin. 1.

A.

ale.

Hot Whe

Antwerp. Amsterdam & Rotterdam via Suez About Mid-June.

Managing Agents: AUSTRALIA CHINA LINE

Taikoo Dk.

North Pt.

9.5. "HANGSANG"

Kin. I.

M.V. "HINDUSTAN”

Kin. Ray

Douglas Wht.

Helikon' (Wei Fat Bing).... Talhone Pk, Heinrich dessen (Rank Line). Hiram Thorn)

Inchona (Williamson) Kenilworth ***

Kiçinella (A.PG)

Kwalang (Jardine) Lady Holmer

Kin. Dk.

... 3.24

Kin. 12.

Bhurishylpa North Pu

8.C

Marine Leopard (A.P.L.)' Kowloon Wht. Lyda Bazen Marpan (31. & 8.)

Peninsula Hotel arrivals Thürelay) in W.T. Paroll, Miss J.W, Pinkerton, Y. Carter. 1.1). Badah Biro, MacQueen, R.C. Horrow. W.. Turner. 9. Ballerin

law d. Durvey, Mitte. (Biisses) M.F. Mock Wallem) Graham H.N.M. Tyne and

E Anni (1.8. Army. Alex Murier, Cohon Pmes, Gri, Knox, Mens Ching-mlo. Wer Tail eye. tr. and Mrs. G.F. Won, Mei, Norme Multer, Miss M. Lieberherr, H.E NB, CY, Chow,

*

Wing. Mr. and Mrs. W... Wilms, $1. Peninsula Hales departures (Thursday) i

Zanetil, D.W. Metonald, Þ.A. Campbell D.V. Beca

Bir John Hablets arrived by A..

der yesterday and is due to lenes by

BOAG toy.

“The surplus to be dealt with Is $2,207.168 out of which has "A comparison of ratios beleen paid an interim dividend tween the two years

reveals of $5 per share. We now re losses at 36.13% for 1946 ammend a final payment of $7 against 36.86 for 1511 while per share, making $12 in all, inrepare by BOAC flugsts Mr. The following passengers inve perived charges work at 25-16 which will absorb 8600,000, and and Mr. Jackwith, Mera. Harrington. ecmpared with 26.10.2

The transfer of the balance of Hawes, Tay feester. Tm Chennycow. The underwriting surplus after 24

$1,607,168 to underwriting aus Yelden, Ng Yaek-kwent, Gold, Sir, Mr. Delines and set, Bex Chann Bow-sheng, 38.414 penae account to close 1945 and Mo Tee-kwan months working

P/TA. Moordz, previous years.

F/Lt. Hoenry, K/C Blech. Lt/Cdr. ft. "The balance of $2.822.441 ntchell and W/Cdr. Masterman, ercit of 1946 account allows of the payment of an interim dividend of $6 per share for that year, leaving an amount of $2,572,441 to be carried for. ward.

Wan

NOTICE TO CONSIGNEES

HOLDING

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

Messra. Goddard & Douglas will attend at 10 a.m. on Mon- days and Thursdays within the free storage period to survey damaged cargo, and consignees. are requested to have their representatives present Unless consignees representativos are present at the Survey no clalmas can thereafter be admitted.

MACKINNON, MACKENZIE & CO.

"Agents:-

P. & O. S. N. Co.

B. 1. S. N. Co. Ltd.

E. & A. 5.S; Co., Ltd.

BEN

SHIP

5.5. "SAMAFFRICH

uncl

Theft Losses

•

The following arrived yesterday from the United Kingshina aboard the HDAC "Destin Service" dying.boat: Hesar. Hosty. Bell, Mom, T.UK. Copion, O'ben. nell, Bearborough, Angus and Hope.

Mei Nun (Borotor) Mr M (Birony) Medon (B. & 8.)

Mei Shan (Borany) Min Chib Bank Line) Mlo Jen (Gilman) Norcia (Dodwell) Panamanian (Wallem) Pauline Mailer (Moller) Perilock (Wallem)

| Ping 'Wo (Jakilne) [#rosper (Jebahun)

Bameran (fb5d well)

Barnsdale (Dodwell)

| Gamfora (Bank Line)

San Rafael

Silver Walnut (3,6J5%)

| Biémmestad) (Thorewa)

Htanhall

Tal Shan Peak Tegelburg (1051)

TRN (1) A 3.)

Wing Bang (Janline] Whanges (B. & B) Wucbang.. Yên Tal (G. Ker.),

www.

Youmu! Tallio k.

Lalchikok

LEAK.

?

tu.

Tulho Dk.

Vaumati

Talkook

Stonecutter

Kin, Dk. Yaumati Colma Dk.

"North P

A.0

Due from Sydnoy-End May. Now loading at Sydney, Mol- horng Adelaide and Whyalla Top Shanghal and Hongkong Dus

id June.

Agents: THE WESTERN CANADA

STEAMSHIPS LTD.

M.V. "MANCHURIA" .... Due from Vancouver about 20th May. S.S. "LAKE

SHAWNIGAN"

*

་ +

.. Loads for Vancouver early June if sufficient inducement.

Pacific Transport Lines Inc.

REGULAR SERVICE WITH

**

FAST MODERN FREIGHTERS BETWEEN PACIFIC COAST PORTS, SHANGHAI & HONGKONG

SPECIAL TANks for bulk oil cargoeș

Lex. S.S. "CAPITAL

Talkoo Dk.

Kin, k

A.17

Kin. Day Trumail Taikou Dk.

Taikik lik

'kin. nk. Kin. nr Kin. Bay .8.C.

ARRIVALS Yesterday Bleed Therria) A-17

Puklen (B. a B.

EXPECTED ARRIVALS

10,5 ¡Turks Hand (Everett)

Hulyana (Douglas)

• Shanı (0, 48,)

Tihan (17. & 8.)

Manymor (I."

Capital Vięlory (Jamiine) Nellore (Mac. HacKenal

Bintang

of steamship mising attitude "The Chairman made ference last year to the heavy der the plea of abnormal con..

recompanies towards claims. Un-11.6 ineftence of leases due to theft altions various

"chops" have. pilferage particularly at been introduced into bills of Eastern ports. Far

1 am lading with a view, to evading pleased to say that the position what would normally be the has improved somewhat since carrier'a liability under

the firedero that time but claims due to this Carriage of Goods bySea Act. still fairly sub in many cases claims which are stantial. Fortunately the eupatently the responsibility of hanced raten received under the shipping companies are turned 18.5 ye combined marine surcharge go down and it is only after much a long way towards offsetting time and trouble have been these claims. I feel I must ro expended that recovery is made, fer to the present uncompro (Continued at foot of next Col.)make in connection with

There is an explanation to.

the

cause Arc

LINE

STEAMERS LTD.

ARRIVALS

3.8. "SAMDAUNTLESS" ·

S.S. "SAMAFFRIC"

FROM.

U.K. U:K. SAILINGS

LOADS FUK

London, Antwerp, Rotterdam,.via Kura..

For Further Purticulars, Amly To

DUE

25th May 10th June

READY

20th May

W. R. LOXLEY & CO. (CHINA) LTD.

York Building.

Agents

Telephone: 5416h.

PACIFIC ORIENT EXPRESS LINE

Sailing from SHANGHAI,

HONGKONG, MANILA direct to SAN FRANCISCO and-PACIFIC COAST PORTS

·May 18 | M.V. “VITO” June 6 | MY "MANGARELLA June 20. "KOOKABURRA KO IMAMONGABARI

MV.OVILJA'L

Loading Hongkong (If suficient Indyeqment)

Mid May

End May

End Juns

Mid August

resolution with regard to the re-appointment of our Auditors, Mceara. Lowe, Bingham and Matthews and Percy. Smith &

Unleas

DEPARTURES Yesterday

EXPECTED DEPARTURES

VICTORY"

8.5. "LINFIELD VICTORY"

8.5. "PHILIPPINE

TRANSPORT"

Loaded Los Angeles and San Francisco. Sailed

+

A

17th April. Duc Hong Kong about Loads for 11th May.

Pacific Coast, Shanghai and Yokohama.

Loading Los Angeles and S Francisco.

Due Hong Kong about 20th May. Loads for Pacific Coast and Shanghul.

Los

Loading Columbia River, Angeles and San Francisco. Due Hong Kong about 30th May. Leads for Pacific Coast & Manila.

FOR FULL PARTICULARS APPLY TO:

JARDINE, MATHESON & CO., LTD.

Bingapore

na.

16 Pedder Street.

Txamkong

Hand.

POST OFFICE NOTICES

Outward Malls

ofbrrwise ataladi. Rugistered Articles And Farcel Forte clown 30

BATURDAY, MAY (10

Bwatow and Pluggkok, “Nguni

Slawita, 3 plan,

Swatow and Amay, 3 pm.

Telophone 80811.

CHINESE DEPT 81458 .

Peninsular & Oriental S. N. Co.

SHIP

TREVELYAN"

"TREVETHOE"

Hantle, Macassar, Sourabaya and tista "TREVAYLOR""

ima

Teamkang Kwongchowwan.pm.

Maran, Tatnsban - and Shakki.. 4. p.m. Canton (Dy Tealis), 4 gam,

Co. In view of present day! minatı veriler"""ban" thụ (ma"" stated | “DUNERA” custs, they requested that con-below—" sideration should be given to an adjustment in their fees aħjl. your Bard agreed to increase same by 108 to date back Jan. 1, 1946, thus allowing of the amended, fees being payable Inˆrekpect of the audit "Junt completed. To regularise the Sydney and Aucklanif nasim I shall be glad If the Kowin 016., (Tex.) 2.1) p.m., 10rd); proposer of the motion rem. CF04 (1) m (or appointing the auditors and in-.30 p.m.

Alémalt for Balain, Nangoon, Calculți, creasing their remuneration Delhi, Johannesburg and Caire, Kowloon will make the latter" rétrospec- C.P.O.. (he) Lab pum., (Ord) à plīs tive to the beginning of the G.P.0.9.m. JON] 1.30 nm.

Airmail for Caniäh, Kwells and ChangÁ year 1946.

Altmall for:Baápkok, Bluguporr, Colom-

"I now propose the following BUNDAY, MAY 11 Resolution: "That the report Afmall for Sangwhat and Felving Al and accounts, os prosented, malt for Cand Kills Kirma cluding the payments of « firidi | 10/8, (Opl.) 10 STA dividend in respect of the year" Canton, o kas kilER

· Easton (Br. Train),,"10 m.z 1945 of $7 per share and an interim dividond in respect of

and the the year 1946 of $5 per shado and the, adultion of $1,907,168- to, underwriting · suspenso ace count ko adopted and gassed."

The motion was seconded by Mr. MAWS Los and earried;} unanimously af

#benthal, `10

Bhatigbal,

Pagada" vis" Ván

Mambers of the Consulting: Jad) 133 pr. (CFE) #7 m. Colamities were re-elected en la Kaagpoest; * LE

bloc on the proposal of Mr.

H. Beth; seconded by Mr. S. Hampde

Lowe Bingham.

Matthews and Par

SHIP

"STRATHNAVER""

ARRIVALS

FROM

U.K., Gongu, Bombay, Colombo & Straits U.K., Colombo & Straits'

Genoa,

Bombay, Colombo

& Straits U.K., Genoa, Bombay, Colombo. & Straits SAILINGS

TO

U.K.

(Passengers only)

U.K.

(Passengers only) "SAMSOARING"

Straits

U.K.

"DILWARA”

'QUE

26th May

4th Juna

Jurie

READ

17th May

British India S. N. Co., Ltd.

SHIP

RRIVALS

FROM

HEMPIRE NIGHTINGALE": Rarigoon,

Eastern & Australian S. S. Co.

SHIP

RE

SHIP

ARRIVALS

FROM

Australia & Manila Sydney:&Brisbane Australia *. Manila

SAILINGS