1947-05-16 — Page 8

JAVA-CHINA-JAPAN LIJN N.V.

King's Building. Connaught, Rond,

Tel: Shipping Dept. 28016. Pasŝuge Dept, 28017. Chinese Agents, Connaught Road, C' No. 82, Tel, 20119.

Ship

ins. "TJISADANE"

8. "TJBADAK"

Ship

que from

1 Maranmar/Benzraðmyn/ Remontaneziularía,

22nd May,

Kobe/Manil

Aney, an or shoot 24th May.

Que from

ma. "LITTJALENGKA“ deva poets, ota not

about 10th June,

falling fa

Amoy & Abanghel 24th May.

Katavi, Heminrang, Huurabaya, Macassar, by about 26th May.

Amey & M

Safflog for

on or about 13th June.

ROYAL PACKET NAVIGATION CO., LTD. (ORIENT JAVA AFRICA LINE).

K

Ane from

! זיין !

10.5. "TEGELBERİ”.

ma. "TEGELBERG"

24th May.

Balling for

Huhn 17th May.

Londini for Bath Africa and South

Ameter 241) Biny.

(DELI-STRAITS-CHINA LINE)

Bikep

19. "VAN HEUTEZ

Ahip

29 From

Amy & watrom,

Hailing fat

17 May

Sinempe nang Helwan Defte 1214 Star.

A

SILVER LINE LTD.

a. "SILVERWALNUT"

Bus. "HOPERIDGE"

dus tram

In part

New York, N. Fennelseu A Vatower, oh or

And duster,

Failing for

Bettie May - ETU.

3'rnar, Singapore, 1.8. Atinatie zoru vin Surp

HOLLAND-EAST ASIA LINE

OM>

Ba. "LORENTZ"

Ane frem

Alm1rrha

wol May

Suntable wegge tank. The bulk oil.

16. "SIMON STEVIN"

tul May

Jowing for

Hänflasikingapore! Columbe Sues/Port Bald Genua, Marseillen/ Antwerp, Bostredium/ Amsterdam/Hainbura/ Copsblagen/ Bethen-

berry Mela

Bad May

Lowdom for

Manite ice pozni Velotulus, Beer Port Hard Slomon, Marselite

Aukweni, Rotterdamž Ameterslim/Itambiag/

Ir Onder

Mid June,

་

THE EAST ASIATIC CO., LTD.

of Copenhagen

M.S. "MANCHURIA”

loading for

ADEN, PORT SAID, ANTWERP, ROTTERDAM, COPENHAGEN, GOTHENBURG & OSLO About 19th May

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. 34111 & 34112.

PRINCE LINE

U.S.A. PACIFIC COAST-

FAR EAST-HALIFAX-BOSTON-NEW YORK

M.V. "SCOTTISH PRINCE”

Loading New York and U.S.A. ports for Manila, Shanghai, Hong Kong and Singapore. Due Hong Kong late May.

Loads for Halifax and U.S.A. via Singapore and Port Said.

JARDINE, MATHESON & CO., LTD.

Tel. 39311

Chinese Freight Agents:-CHEONG FAT CO.

54, Bonham Strand.

Telephone 20037

BEN LINE STEAMERS LTD.

ARRIVALS

SHIP

S.S. "SAMAFFRIC"

FROM

S.S. "SAMDAUNTLESS"

U.K. U.K. SAILINGS

LOADS FOR

S.S. "SAMAFFRIC“

S.S. "SAMDAUNTLESS"

DUE

25 May

10th Juno

READY

London, Antwerp,

20th May

Rotterdam, via: Kure. London, Antwerp, Rotterdam, & Leith.

Mid June

For Further Particulars, Andy To-

W. R. LOXLEY &

York Building.

CO. (CHINA) LTD. Agents

Telephone: 84105;

TAY KEE & CO.

STEVEDORES, TRANSPORTERS, &*

GENERAL CONTRACTORS

Also SUPPLY of JUNKS, BANCES, & STEAM LAUNCHES.

ŠPECIAL WORK for HEAVY, CARGOES with reliablo ́

song applled 'pheral of

-Tel. No. 28836 5th Floor, David. Honzo

1

THE CHINA MAIL; · FRIDAY, MAY - 10, 1947,

TRUMAN'S "FREE ENTERPRISE”

PHILOSOPHY ON

Washington, May 14. President Truman's economic programme of "free and competitive enterprise” faces a sharp test in the next three months, with his political fortune likely to be influenced by the volume of national Industrial production In a period of labour unrest. `

business fo support "free' onter-) prise" by price cuts.

TEST N.Y. Stock

PETROL PRICE.

.. RAISED

London, May 14.

An increase of 1ad per gullon in the price of petrol in Britain was announced to- dun, bringing the retail price to 2/0 per pullon. The price of dicact oil is also increased by per gallon, paraffin on 1d per gallon, and vaporiz ing wit by let per gallon.

The coat of white spirit in increased by Ted per dallon, The price of bitamen is in- creosed by 97.

ion.- per Reuter.

The "free enterprise" philosophy, which has been widely promulgated since the Republicans won the congressional elections last Novem- ber, has emphasised the idea that high produc- tion, with abundant supplies of marketable merchandise, would gradually correct the up- ward trend of the general price level and thus bring a relative stability in labour-manage- ment relations. Industrial pence and expand- Ing production over the year

muss," Journal of the United end inspired optimism concern- The United States demon- States Department of Com- ing the future trend of national rated a tremendous capacity merce, said that the upward business which recently as for industring capneity in war-movement of prices which foly been impaired by 1. the tin. mud the pafle looks [to] lowed the Ifting of price con- ward trend of the cost of tie-industry to accomplish similar trols was the sharpest for any ing; 2. tuaj Industry "afety feal in peace-time. In the equal period in this country's shutdown" rad telephone years Roosevelt's "Newtory. strike, and, 3. uneasiness con- Deal," the economie effort was cerning the labour situutiou in chiefly to expand purchasing the steel industry, where in- power, but at present the trans- bour-management relations wil cending interest of the commo- arrive at aeritien! stage mists Is in the production; shortly.

The oflices of Price Controls tural The Civilinu Production Administration are in proCERR of liquidation, with remaining functions soon to be absorbed by other pavernmental agencies, The Government already has abrogated much of its wartime authority, for the "control" of the nation's business, and Pro-

sident Truman kas called

H.K. Stock Exchange

During the thing the malad

HA

2212

vers niet by lenme rafter selive dur

To the afternoon. Trade HW juntesk

situation.

Corrective

With th24

Government in- creasingly "out of Tusiness," the relation of supply and de-. nd in the free play of the markets in the chief determin- ant of prices, and expanding production is conceived to be the chief corpretive ki the up- ward trend of the price level."

President Truman in his Jefferson Day address defended the system of free and petitive economy as follows;

Market

AMERICAN PRESIDENT LINES,

REFRIGERATION-SPECIAL CARGO OIL TANKS

CARGOCAIRE-SPECIE

SAILINGS

SAN FRANCISCO AND LOS ANGELES: VIA SHANGHAI, KOBE, YOKOHAMA & HONOLULU

SS "Marine Lynx" 99 "General Meigs" 59 "General Gordon"

New York, May 15. New lows for tlio. year worr established

recurrent despite comeback attempts. The Asso ciated Press averages declined .2

since to 60.3--the lowest

inst October #. Sharea totalled 1,950,- 000 Traders were concerned by reports of Increased consumer resistance, to prices, inventory SS "President Grant"

situations and the trend of-for-

eign relations, *

For

After touching new lows

aed the year, Baltimore

Ohio SS "Vanderbil Victory" closed at D. Pfizer at 38, 88 "Skidmore Victory" Packaril at 5. New York Cen-gs "Lane Victory"

SS "Rutland Victory"

Jones

May

Juna... June

27

PACIFIC COAST VIA MANILA

May

10

NEW YORK AND BOSTON VIA SAN FRANCISCO AND LOS ANGELES

May.

May

10

June

July

August

averapen:-

Industrial! 13.07; 101

NEW YORK AND HAVANA VIA MANILA, SINGAPORE, COLOMBO, COCHIN, BOMBAY. SUEZ AND MEDITERRANEAN PORTS' SS "President Monrue" SS "President Polk" SS "Willis Vickery"

May

16

May

20

June

7.

MANILA

tra), Pennsylvania and Schenley also hit the bottom. Good incom? reports saw Internatiobal Paper SS "Willamette Victory"

at 41 and Hudson Motor 14%.

The Dow Stocks 58,38; 20 160.06; 10 Ralls Utilities 33.34.

Clone Artations Adama Express 13%. Alaska Junnat index. American Can NO

America smelting 405, American Telmhone 1821. American Tolmeen 1, American SS "General Moigy" Aviation Corporation 44. Baldwin To Waterworks 14,

Aneroids Copper 35,

The wholesale price (with 1926 prices as 100) stood at 105.7 on VJ Day, August 1945; nt 124.7 in July 1946: and at 141.5 in January 1947.

motive 185, Bardell 22, Readis Avis From June 1946 to January then 294, Bethlehem Steel 4. Boele 1947, wholesale prices on aver-] Alreraft 1814, Borden Co. 4, Cas ue increased 25 per cont while dan Paine 10, 4. F. Les m, Chryster 57. Coluate 89%. Commercial, Solvents 15 per 24. Corn Persiuria 66;, upon 175. consumer goods rose cent.

Exutman Kodak 212. Elestrie Light & Power 17, General Eletzte $25%, Can. *eral Motor 6455, Gondeleh 21%. Good. 5%. Greyhound 24%. Homestaka Inderantional Harvester line 54.

International Paper 418. Inter 112, Ternents Expper $84. Mont

national Też A Tel 10%. Johns Manville

Short Supplies "A basic fuctor contribution to the upward price movement bas been the short supplies of mung goods relative to demand, partly because the flow of Anished goods has been low re- lative to the total production com-as a result of considerable an

ditions to inventorles.

"Output has not yet been balanced, nor have recent ad- ditious to capacity been fully reflected in the flow of goods,

of

pomery Ward,60%. National Tatters

10%. National Lend 27%. New York Central 1. Packard Motors & Pas American Alwaye 1016,

Penneylvania 18, Radio Corporation, Reynol

Tobacos 363, Republie Steel 2315, Belen, 5%, Benta Roebuck 314, Shell Da 25th, Bucany Varuom 144%, Bosheen Pacifte 1014. Standard Brand 29, Stan

dard Oit of Calif, 65%. Risdard 0 of NJ. 67. Budelinker 18%. Unkn

4. UB. Elce! 60%, U.8. Loen 19%, Westinghouse 28%, Youngstown Sleet &

Tale 57% Aciated Press.

"In so far an we insure that cack individual has the oppor-į tunity and inducement to niake the largest contelbution he can to this country's total produc-| but progress in evident in, the Union Carbide 9654, 16.8. Hubbar tlon, we not only strengthen} steadily rising movement Ex-all computed with yesterday's you, our nation against any possible finished goods through trade

encroachments, but we also set) an example to all other peoples of the desirability of free gov- Banke: JL.K. & S. Band 2998, Dorpel ernment in the economic as well #1, 114. Bet 12in: Carberet kant, an the political sense." 1943 160: Morentiße Hank A. & B. 2;

The "Survey of Current Busi- Bank of Fans Avin 117m.

they nf memesh showed an redenere of 15.

Glonlap Index 4 20

1.K, Govt, Innist #54 Lowa 15337m.

Lonn 1975,0

Insurances: Canton Tres. $559; Pulver

Et halı, 1950: Obalna

1. K. Fire Ins. 3..

Vaderwriters

Shipping: Newslaves 2796; 1.K. & M. Rteatulence

110. Il binas + Preť, a 305, 1 Jonk Shells (Bensor) 184, takan, Union Watertente P. Bu THES 531yn, X. 39te, 270, Elhaft 15%.

Dock, Wharves, lindawns, etc.; H.K. &

K. Where 250,295 A; B.8. Docija N men, saly 944, m2/33town; Chian Pruckdents

channels,"

Despite the uneasiness caused by industrial unrest, the latest statistics indiente many basic improvements in the produc-| tion situation.-United Press..

Deflation Plan In Portugal

Lisbon, May 14.

23414-29122995, 98, Shanghai Puckrare's The first sharp attack in the Government's offen-

Miolog Bob Mines To: R.K. Miner

Tel.

Camerało, Hotels & Bidan, 7. d. Hetk SHISH, 254, 251,24% **: E.K. Lawli X. Rf Pb, Nagida 346: Shanghai Landlə Gn; Humphreyn Botäten 26%#1 H.K, Domi- then 236, 31, 2305 Chinese slate, 190b,

200/41, 247/20% mm; Jesk Trung (Oldi

Yunosti Ferries Målgat Chion light

sive against the rising cost of living has been announced by Economy, Minister Daniel Vieira Barbosa, who told a press confereiice of the new steps to create a "psychology" of de- flation.

"All requests to Increase announced by the Minister were Public Miller: 42.1. Tenmixes X. All costs of consumer goods are re-a decrease in the price of petrol 11, (New) 45 B Cerries 129The only price revision

fused automatically," he said, and the end of restrictions on con- consumption of electricity dur- cold, 1899, kalma, (New) 11143, 125) sidered is for decreasca. Orders) ing the summer months. 1.K. Riderteken fill, 37: Much looking toward a general revi-| Elvetrics 21h: Sandakan Lights 16hion downward have been issued. would be free of tax. Telephones DND) 158, 119/54sa, (New) 382a. Aplin

Industrials; Conston Tees 79b; Groven 225, 234, HANART £1.5. 14/14.10.

14

Biores Mr. Dairy Farmis 64; Watsons

About Lane Crawfords

Sinceres, 1; China Emporians 74: Bu Che, lat. 75: Kwur og Bang

255: Wing On (EK) 1536 Wm. Powell, Ltd. b.

Hicri China Entertainments BANGLA M.K. Constructions (Olót $34. MỌI

NG GIản: Kha, Flling D3; Maremat Investments 19/35: Maranının

H.. En.

Collanar-Ewon 10 in.

$

18.

19

26

Barbeen sold public fish sales

London Stock Market

Landon, May 14. The behaviour of the industrial market was the most encouraging festure at the opening of new three weekly account cover- ing the Whitaun holiday.

the

Support from the provinces was largely responsible for this upward movement which embrac ed balldings and breweries

A wide selection of miscellaneous !sages.

British funds, while showing gains up lo, spent a quiet day, the

attributed fo rises boing numerous small orders finding supplies none too plentiful,

Oll share, which went ahend sharply at first failed to maintain

the pace and at the closo wore ragged. while the mining afarkets could boast of little activity. South African gold shares held fairly steady but coppers wors dull. Teas and rubbers generally He said the black market moved against holders. Foreign would be ended and goods and

honda were practically featuroloss and there was little outstanding food now under Government in Us foreign rail section-Rou "I am sure that the nation control would be "liberated" Ler, shortly will be convinced of the item by item. 'His statement effectiveness of these measures. caused eensiderable optimism which had been

They almost certainly W] cause considerable business hardship at first.

I intend to creat a 'psychology' in Portugal,

of price decreases, which I bitten hard by Europe-wille hope will pervade our ́entire shortages, United Press.

economic life.”

Urgent Step

Autong the concte measures

A BRITISH CROSS WORD PUZZLE

125

4 15

Clues Across

3. Takce cover. 18. Merchandins.

8, Get away, 19, Musical

9. Trick.

11. Recom

penned.

[ 12. Run before"

the wind,

18. Automaton.

*Instrument;

22. Consist of 24. Reasonable. 25" Corel | 20 Sets free,

Yesterday's Crossword

Across: Eyogj 7.

8. Iailed: 10.; Editöri 18. Popia-

lar 15. Cute; 17: Bontson; - 18, Legible; 20 Edent 31. Effacer 20, Erkabt 77, neecutetes 287

23

5

12:

Clues Down

2. Frown

1. Uncanny.worship.. 10. Excessive Icar. -17-Gateway—

engrily..

* Birds

4. Flock. B.. Deposited.

6. Show. 7 Rapid...

10. Singer.

14. Nobleman,

NOTICE TO CONSIGNEES

CONSIGNEES PER

S.S. "IVY G"

MAERSK LINE Notice to Consignees

Junc

AMERICAN PRESIDENT LINES, LTD. St. George's Bldg.

Tel. Nos. 28172/28175

$

Pacific Far East Line, Jus.

TRANS PACIFIC SAILINGS To San Francisco & Los Angeles

-SPECIAL CARGO OIL TANKS—

*.. "DREW

VICTORY"

8.8. "CONTEST" 8.8, "MIDNIGHT” 6.5. "FLYING

DRAGON"

Bud

Saila

May 19

- May 10

...

31

31

June

Accepts rarge for Suigon.

June J

via Saigon &

direct

Yokohama

Via Texobama.

13 June 14 Direct

American Pioneer Line

Arrivals from New York, Boston, Other Atlantic Ports via Panama

83. "RESOLUTE”. 8.8. "COURSER"

-15. “AMERICAN FLYER"

Duy

May 20th

n: 20th

June 9th

Sailings to New York, Boston, Other Atlantic Ports via Panama Canal

-SPECIAL CARGO OIL TANKS-

8.5. "RESOLUTE" as. "COURSER"

5. "AMERICAN FLYER

Saila

May 23rd

"

May 27th

June 11th

For Fill Pariiculars Call

UNITED STATES LINES CO.

General Agents

314, Queen's Building.

Tel. 31251 (3 nea)

The SWEDISH EAST ASIATIC Co., Ltd.

OUTWARDS TO SHANGHAI,

M.V. MANGALORE

.discharging H.K. about 18th May HOMEWARDS TO EUROPE

M.V. TRAVANCORE ...

..........·louding H.K.· early June.. Tanks available suitable for the carriage of all in bulk.

LOADING Fon

The MV. "SALLY MAERSK" having arrived from New York and Ports of call, Consignees of. Cargo" are hereby notlsed that their goods are being landed For further particulars apply to:-

PORT SAID, GENOA, MARSEILLES, ANTWERP ROTTERDAM, COPENHAGEN, OSLO AND GOTHENBURG.

and placed at their risk into the Hong Kong & Kowloon

are hereby notified that their Wharf & Godown Company's cargo is being discharged into downs at Kowloon, where the Hongkong & Kowloon delivery may be obtained as Whorf & Godown Co's godown, Boon as the goods are landed. Where it will be at Consignees' ||

risk and, subject to the Wharf's; · Optional cargo' will not be terms and conditions of storage, Innded here, unless notice hús und where delivery may be ob- bean given 48 hours prior to tained

vessel's arrival, but carried on from port to port to the Anal Damaged packages are to be port of call to which the option left In the Godowns, for ex- extends amination by consignees and

.

GILMAN & CO., LTD.

Agents, Telephone :31146, 12

KLAVENESS. LINE

Direct to LOS ANGELES, SAN FRANCISCO, PORTLAND, VANCOUVER & SEATTLE. SAILINGS

m.s. CASTLEVILLE

tho Company's Jurveyors,] No clams, will be admitted ms. GRANVILLE Messrs. Goddard & Dougina, af after the, Goods, have left the

ARRIVALS

10 a.m. on 16th, May, 1947; Godowns, and all goods remain.[ms, GRANVILLE ....................

Ingundelivered after the 21st

To comply with the General May, 1917 will be subject to Bonded: Warehouse Regulations rent

"consignees, must, hayo a Revenue

Officer "In attendance when All broken, chated,

and

SAILING 3rd JUNE

SAILING

6th JULY

DUE, 1st JUNE

PASSENGER ACCOMMODATION, - BULK OIL TANKB,

Chinese Freight Agents,

HOO FOOK PING

damaged detlable goods are ex- damaged. Goods are to be loft THE BANK LINE (China) Ltd. *

amined.

in the Godowns, where they.

will be examined on 20th May.

Apply

THE BANK LINE (CHINA) LTD.

King's Bullding: Tel. 27702

No claims will be admitted 1917 at 10 am, by our Surveyors DOUGLAS SALAZZO CO.,

after the goods have left the Mesars. Goddard & Douglas. stenrrier's 'godowns, and all

"

goods remaining undelivermil To comply with the General after the 17th May, 1947 will Bonded Warehouse Regulatignin bo subject to rent.

Consigneon must have a Reveaue Officer in attendance; when

All claims against the steamer damaged dutiable goods are must be presented to the unexamined dersigned” on or before the 20, Nincompoop. 24th May, 1047 or they will 21. Opan

country. 22. State of

stuber.O 29, Construct

15. Flacon of....

Bodden; Arable; 11. Doped): 12. Türitit 14. Renter: 16. Cigar: 16,

not-bo:"recognised." "

** Nut-Fire -Insurance will vi bojen [offected,"

DODWELL & CÒ, ÉTD.

Agen

Mitey 20, Noktness, Toyinkas" Tokoj; 18. Legion; 110, Gelsha: Jongkong, 10th

No. 67. Des Voeux Road, Central, Hongkong, Dowdy=-11. Steen!- £... 8iuni, 15, 22. Freon: 20 Crhias 31 Bloomi

All claims munt reach uo before the 15th June, 1947 ̧ ́or they will not be recognized

No Insurance will be effected.

JEBSEN L COM

Agents

3mm, 15th. May, (1947.

S.S. "HAIYANG” Sails for Swatow & Foochow...

on or about 23rd May

Subject to alteration without Notice.

LTD.

For Particulars of Freight & Passage, Picaso apply to:

DOUGLAS LAPRAIK & CO.

General Managers.”

P. & 0. Building, 8th flour, Tal. No. 31281,

CHINESE SHIPPING DERT. \

20 Connaught Rond, Control, Tel. No. 24689