DODWELL & COMPANY, LTD.
FOR NEW YORK AND BOSTON via SUEZ.
S.S. "BOLTON CASTLE"
Sails, on 11th May.
LLOYD TRIESTINO
FOR BRINDISI, VENICE AND TRIESTE (FIUME). REGULAR MONTHLY PASSENGER AND FREIGHT SERVICE TAKING CARGO ON THROUGH BILLS OF LADING TO . GENOA, ALL ITALIAN, ADRIATIC, LEVANT, ELACH SEA AND DANUBE PORTS. REDUCED PASSAGE RATES.
BRINDISI, VENICE & TRIESTE LONDON
NEXT SAILINGS.
£72.10.0
£80.0.0.
OUTWARDS FOR SHANGHIAI, YOKOHAMA, KOBE & MOJI.
M/V "VIMINALE"
M/V "ESQUILINO"
M/V "ROMOLO"
From Hong Kong. Sails on or about 24th May. ..Sails on or about 21st June. .Sails on or about 19th July.
I
HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE.
M/V "REMO"
M/V "VIMINALE"
M/V "ESQUILINO"
From Hong Kong. ..Salls on or about 3rd June. ..Sails on or about 26th June.
Salls on or about 24th July.
NATAL LINE OF
STEAMERS
FROM CALCUTTA & COLOMBO TO SOUTH AFRICAN PORTS.
S.S. "UMSINGA" .......Sails from Calcutta 1st June. Regular Passenger and Cargo Service to South African Porta. Threagh Bills of Lading issued from Hong Kong.
For Freight or l'assage on any of the above Lines apply to:- DODWELL & CO., LTD., Agents.
Telephone Central 1030.
NY.KLINE
THROUGH BOOKING TO EUROPE AT REDUCED RATES, £120, £112, £110, £102. £83, via San Francisco.
G$440, G$420, via Japan and Seattle,
SAN FRANCISCO via Shanghai, Japan Ports & Honolulu.
SIBERIA MARU
TAIYO, MARU-
TENYO MARU
*Calle Keelung.
Thursday, 15th May. Tuesday, 20th May. Tuesday, 12th June,
LONDON via Singapore, Suez, Marseilles & Ports.
HAKOZAKI MARU
HAKUSAN MARU
KITANO MARU
Saturday, 10th May.
Saturday, 2nd June. Saturday, 16th June.
SYDNEY & MELBOURNE vla Manila & Ports,
Saturday,
Wednesday, 23rd May. .Wednesday, 20th June.
12th May,
Sunday, 27th May,
BOMBAY via Singapore, Penang, & Colombo.
THE CHINA MAIL,
SHIPPING
SECTION.
The supply of cargo offering from the Far East was such that in spite of increased sallings our steamers could fill a considerable portion of their holds. In home- ward direction this trade WOB generally speaking, satisfactory. We were compelled, however, for
N. GERMAN LLOYD. any degree of certainty to say filling up purposes to have recourse
REPORT AND ACCOUNTS FOR 1927.
HEAVY EXPENSES.
more
cor.
Trade
diffealt.
anything as to the amount of those to the transport of beans "from claims or the time of their satla- Vladivostock and northern Chinese ports, because the regular ports of faction.
call of our steamers could not Increase of the Fleet, Our fleet of sea-going steamers provide a sufficient amount of
The resulta wero was increased by the taking into cargo. service of the passenger and respondingly affected.
In the outward busineses to The accounts of the North cargo steamers Orotava, Arucas, German Lloyd for last year show a Amsel, Star, Gantor, Alier, Mosel, Australia, there was a slight im- net profit of 11,735,920 Reichs- Main, Lahn,and Oder, represent-provement as compared with the as previous year, although no decided marks, as compared with 7,406,870 ing about 62,638 tons gross, Rm. for 1926, and a dividend of 8 well as by purchase of seven pas-activity could be noticed.
cargo steamors (in-was made all the per cent. is declared. The gross senger and revenue amounted to 39,443,063 cluding thee 14,600-ton steamer by the regrettable customs dig. Rm., as against 80,836,010 Rm., and Zeppelin, renamed the Dresden) crimination against German goods.
wThe South Africa trade was un-* the expenditures were:-General of altogether 52,054 tons, expenses, taxes and social contribu-sold the old steamers Ancona, favourably affected by the ap- English fine, tlons, 11,091,885 Rm.; Interest on Amsel, Star, and Strauss, of 6,925. pearance of a new
Rm. loan, 1,649.475
(2,624,115 tons, and the steamors Mowe and and the resulting rate war.
In October of that year under Rm.); depreciation on sen-going Elberfeld, altogether 7,241
report an agreement was concluded. steamers, 13,181,250 Em. (11,978,-tons, were totally lost. 960 Rm.); on other craft, 500,704 Of the shipbuilding programme with the Belgian, English and Rm. (342,432 Rm.); on premises, drawn up in 1926, and extended in French lines trading to the Congo. The unsatisfactory. discharging etc., 1,985,836 Rm. (265,645 Rm.). June, 1927; by three small freight
As compared with the preceding steamers for daughter companies equipment and railway facilities at year, the gross revenue shows an there were still under construction Conge ports makes dispatch there
very difficult, increase of 28 per cent., but as the on January 1st, 1928, the passenger | working expenses did not increase steamer Europa, 46,000 tons gross; in the same ratio na the revenue, passenger ateamer Bremen, about the net profit Is about 58 per cent. 46,000 tons higher than in 1926.
The following is a translation of the report specially prepared for
The Journal of Commerce" :---
General.
of
-30
The yield of our fruit voyages to the Canary Island was only moderate. A remunerative but gross; two cargo
is followed by steamers of 8,500 tons gross each;, very short season three motor freighters of 8,000 tons a long period business idleness, each; three carge steamers of during which it is very difficult→→ sometimes, indeed, impossible-to 1,750 tons gross each.
secure the requisito quantity of The total fleet of the North
This compelled us The business year 1927 can bo German Llovd, including the fleets, cargo. described as satisfactory, especially of the Hanseatic Steamship Com-casionally to employ on other lines when the heavy expenditure for pany, of Hamburg, and the "See the ateamers which were specially
built for the fruit trade. working materials, which will only fahrt" Steamship Company, of The resulta of the European become remunerative in the future, Bremen, of which companies we is taken into consideration. The hold practically all the shares, results were limited, however, by consists accordingly of (a) ships be regarded as satisfactory. the burden of taxation and social in operation, 723,158 gross; (b), the Levant trade there was some contributions, which is constantly ships under construction, about progress as compared with 1926, growing heavier, and the increase 138,250 tons; total, 861,418 tons, although here also of which caused our working, ex- of which 804,345 tons gross limited by severe competition. penses to be considerably higher in the preceding than they were year. We are watching, not with- out considerable amount of
anxiety, the developments which
are foreshadowed by the decisions
of the International Labour Organ-
ocean-going vessels,
are
There was no change in
with contractual relations
our the
United States Lines.
Overseas Passenger Traffic.
lines can, with
a few exceptions,
In
success was
The services to England had to contend against extraordinarily severe competition and very high costs in the English ports, so that hardly any profit was left.
Further extensions were made
In comparison with last year the¦ in the Baltic services, and in parti-
YANGTSZE RIVER.
isation in Geneva-decisions, how-passenger traffic between Northcular the traffic from the Con- ever, which have not yet been com- Amercia and Europe was, general-tinent to Finnish ports was placed pletely accepted by the great mark-ly speaking, strong, and our com- on a regular basis. time nations-because the result pany had a notable share in the of such development must be a increased business, Our efforts. further weakening of German ahip- to adapt ourselves to the changed ping in international competition.
We were able during the year under report to carry still further the expansion of our undertaking, as laid down in the new shipbuild ing programme. In particular, for the maintenance of our traditional position in the traffic to the Far East we were able to transform our service to a weekly one,"
traffic conditions were auccessful. The emigration to Canada In 1927
British Naval wireless des- was only on a moderate scale. The steamer "Dresden" (ex, Zeppelin), patches of yesterday indicate that accommodation for following the understanding with which has
the cabin, tourist General Yang Sen that British passengers in
be interfered and third-class, was placed in the shipping will not Bremen-New service in August, with, no further change has
curred along the upper and middle The South America traffic re reaches of the Yangtze River. Developments in the passenger
normal. By anilings traffic came up to our expectations, mained whereas in the overseas freight every three weeks of the three four traffic there were various factors to Sierra class steamers, and
1927.
LINE.
OC-
be deplored which had a restricting midde-class steamers, a regular AMERICAN AUSTRALIA ORIENT
maintained on this effect on sound business. There service was
A passenger service to wae, in particular, a considerable route. disturbance of the competitive rela- Cuba in connection with the call SOUTH AMERICA (West Coast) via Japan, Honolulu, Los Angeles. tions caused by foreign lines work at Calveston was arranged at the
MISHIMA MARU
TANGO MARU
TAMBA MARU
† MOJI MARU
Mexico & Panama.
RAKUYO MARU
WAKASA MARU
Thursday, 31st May.
9th June.
SOUTH AMERICA (East Coast) via Singapore, Cape Town & Ports. tunately to be
Saturday, NEW YORK and/or BOSTON vin PANAMA.
TSUYAMA MARU
FUJI KARU
TOYOOKA MARU
Sunday, 13th May. Wednesday, 13th June.
LIVERPOOL via Singapore, Colombo, Fort Said & Poris, Wednesday, 23rd May,
CALCUTTA via Singapore, Penang & Rangoon,
† CEYLON MARU
NAGASAKI KOBE & YOKOHAMA,
TANGO MARU
Saturday, 10th May.
Friday, 18th May,
SHANGHAI, KOBE & YOKOHAMA,
+ NAGATO MARU (Moji direct).... Saturday, 12th May.
↑ DURBAN MARU (Calls Nagasaki) Sunday, 13th May. MARUNA MARU
†Cargo Daly.
Monday,
14th May.
Subject to alteration without notice.
For further information apply to-NIPPON YUSEN KAISHA. Tel. Central No. 292 (Private exchange to all departments.)
O
S. K.
SAILINGS FROM HONGKONG' SUBJECT TO ALTERATION.
LONDON,
or with beginning of 1928. ing for State acepunt
During 1927 State assistance, and it was unfor- we did not participate in this
observed that the service. increasing of the speed of freight steamers made by foreign lines for competitive reasons is threatening more and more to force the overseas freight business into utterly wrong channels.
Financial Development.,
There was a further satisfactory development in the traffic to the Far East and Australia.
Overseas Freight Traffic. The tendency of the freight the big chartering In order to meet the demand for market on cargo space caused by a very satis- markets was generally steady, and factory development in the economic rising in the first half of the year. situation we were obliged to aug- The traffic to North America (east) the other hand, both ment our new tonnage by extensive coast) on
outwards and homewards, was not purchases.
completely satisfactory. An ex- We endeavoured during 1927 to traordinarily large supply of adopt the financial measures en- tonnage, particularly in the home! tailed upon us by the development ward direction, did not permit a of our undertaking without pay-remunerative development sphere)
The West Coast trafic ing.any regard to the prospects of of traffic. compensation for our property suffered from a shortage of out- which was confiscated in the Unit-ward cargo, but compensation for ed States. In order, therefore, to this was found in the improved carry out our shipbuilding pro-homeward business. gramme, and to make it more in- The..supply of tonnage at the dependent of the business resulta River Plate was, as usual, very of the next ensuing years, and in large in proportion to the amount order also to ensure ourselves a of cargo on offer. In this market
HAMBURG, ROTTERDAM & ANTWERP-Yia Singapore certain freedom of movement for also the particularly strong com- Colombo, Suez and Port Said.
AMUR MARU ANDES MARU
KIO DE JANEIRO, SANTOS & BUENOS AIRES-Via Balgon, Singapore, ing firms of Kakn, Loeb and Co. outward rates were hardly satis~||
..
.Sunday, 13th May, ....Tuesday, 6th June.
Columbo, Durban & Cape Town
SANTOS MARU
MANILA MARU
Friday, 25th May. „Saturday, 30th June,
BOMBAY Vla Bingapore and Colomb
SUMATRA MARU (Calls at Penag) Saturday, 10th May.
our new tasks, we contracted on petition of tramp tonnage was very October 22, 1927, with the bank- severely felt. Accordingly the
and the Guaranty Company of New factory, while homewards more, York, a 20-year 6 per cent, gold but barely sufficient, steadiness of loan of $20,000,000, which was rates was to be observed. In ful- issued in New York at 94 per cent filment of the wishes of our ship and fully subscribed. Capital and pers, we opened an accelerated
DURBAN, DELAGOA BAY, BEIRA, DAR-ES-SALAAM, ZANZIBAR AND interest of this loan are payable in direct service with
CELEBES MARU
...Sunday, 3rd June.
INDUS MARU
.Wednesday, 20th June.
MOMBASA-Via Etngapore and Colombo,
CHICAGO MARU
Friday, 1st June.
KASADO MARU
Friday, 25th May.
Monday, 26th June,
CALCUTTA Via Singapore, Penang and Rangoon
TACOMA MARU
VICTORIA. SEATTLE TACOMA & VANCOUVER Vis Shanghai and
Japan ports
ALABAMA MARU (from Shanghai) Thursday, 10th May. AFRICA HARU (from Shangha) --Thursday, 21st May, HAITRONG-V. HOHOW & PAKHOI
MENADO MARU
Friday, 8th June 10 am. NEW YORK-Via Japan ports, San Francisco
JAPAN PORTS
ALTAI MARU
TACOMA MARU..
HEIYO MARU
KEELUNG-Vin SWATOW. & AMOY
KISHU MARU
HOZAN MARU
TAKAO-Via SWATOW & AMOY
DELI NARU
TAKAO & KEELUNG
- SOURABAYA MARU
For further particulara please apply Tel. Central. No. 4088, 4089, 4096.
& Panama.
13th May Sunday, Thursday, 24th May. Friday, 25th May.
Sunday, 18th May Noon. Sunday, 20th May noon
Thursday, 17th May noon
Wednesday, 8th June"; tos-OSAKA SHOSEN KAISHA-
M÷TAKEUCHI, Manager,
our own
New York In United States dollars. steamers to some of the smaller. Out of the proceeds of the loan the ports Central Brazil. The, freight. English loan of £1,000,000, taken results of the Cuba service were up in May, 1924, was repaid?"- not very favourable.
The legislative work in connec- Trade to the West coast of Cen- tion with the return of alien pro tral America and the West Indies perty seized in the United States, was satisfactory in the outward which was resumed in the year direction, but our home-coming under report,has in the mean steamers could only find occupa- while been brought to a conclusion tion during the coffee season, and which, after the ratification by the then only to a limited extent. The President of the law passed by the steamers available out of the coffee Senate and the House of Re-reason had to be employed either presentatives, will eventually lead in the open market or in semo to the release of our property, other line operated by our com- which is at present under the rany, In the traffic to the wast administration of the Custodian coast of South America the results, of Enemy Property, as well as to both outwards and homes the satisfaction of our claims for were satisfactory, and confiscated tonnage. At the pro- of the cAERO – AVE
moment it is Impossible with adequate,
cent
Operated for
U. S. Shipping Board By SWAYNE & HOYT, INC. FÖR SAN FRANCISCO & LOS ANGELES. SS. “WEST CALERA” ..May 10 |S.S. "WEST IVAN" ....May 27
For MANILA & CEBU. s.s. "PAWLET"
.May 10 For full information apply to SWAYNE & HOYT, INC.
L. EVERETT, Ine,
THURSDAY, MAY 10, 1928.
CANADIAN
PACIFIC
QUICKEST TIME ACROSS THE PACIFIC. TO VICTORIA & VANCOUVER.
STEAMERS
Leave
BAILINGS 1928. Hong Kong S'hai
Leave May 30 Juno 2 June 13 June IG July 4 July 7 July 18 July 21 Aug.
Kobe
Yhama
Loave
Leave
V'ver Arrive
June 6
Juna 7
June 16
Juna 19
June 21
June 30
July 10
July 12
July 21
July 24
July 20
8 Aug. 11
Aug. 14
Aug. 16 Aug. 25
Aug. 29 Sept. 1
Sept. 4
Sept. 6 Sept.
15
Sept. 12 Sept. 16
Aug-
EMPRESS OF ASIA EMPRESS OF CANADA EMPRESS OF RUSSIA EMPRESS OF ABIA EMPRESS OF CANADA EMPRESS OF RUSSIA EMPRESS OF ASIA EMPRESS OF CANADA EMPRESS OF RUSSIA (E/Asia and E/Russia coli at Nagasaki the day after departure from S'hair
SPECIAL FARES 'JU EUROPE
£120
.£112
£83 Sec Canada's Wonders--The Canadian Pacific Rockies
Lovely Lake Louise Banff the beautiful.
Sept. 18 Sept. 20 Sept. 29
Oct. 3 Oct. 6 Oct. 9 Oct. 11
Oct. 20 Oct. 24 Oct. 27 Oct. 30 Nov. 1 Nov. 10
The "Trans-Canada Limited" and other daily through Express trains. Stopovers allowed anywhere en route. Atlantle sailings from Montreal and Quebec every few days to. Liverpool, Southampton, Glasgow, Antwerp, Cherbourg and Hamburg.
-Leave
ilong Kong
May 16 June 6
Arrive Manila
May 18
June 7
HONG HONG MANILA SERVICE.
EMPRESS OF ASIA EMPRESS OF CANADA
Leave
Arrive
Manila Hong Kong
May 20 May 28
June 8 June 10
CANADIAN PACIFIC EXPRESS.
TRAVELLERS CHIRŅUS
PAYABLE THE WORLD OVER.
THE SAFEST AND MOST CONVENIENT WAY TO CARRY FUNDA.
Passenger Department: Freight and Express:
Tel. C.762. Tel. C. 42
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Cables: "GACANPAO.”
Cables: "NAUTILUS.”
Express
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Issued in G$10, ¦G$20, G$50, G$100, and £5 and Ero denominations-bound in a small handy wallet-and cost only 3⁄41⁄2 of 1 per cent. Secure your steamship tickets, hotel reservation ind itineraries; or plan your cruise or tour through
THE AMERICAN EXPRESS CO INC.
4-A, Des Voeux Road, Central,
Hong Kong.
Hong Kong's Artistic Photographers
PHOTO TAKEN DAY AND NIGHT
The
YING MING STUDIO
No. 50-52, Queen's Road Central.
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BANK LINE LTD.
AGENTS FOR
ELLERMAN & BUCKNALL S.S. CO., LTD.
SAILINGS SUBJECT TO ALTERATION WITHOUT NOTICE. UNITED KINGDOM & CONTINENT...
S.S. “CITY OF BOMBAY?...Havre, London, Rotterdam, Hamburg & Hull 5.S. CITY OF CARLISLE Havre, London, Rotterdam & Hamburg S.S. "CITY OF BEDFORD" Havre, London, Rotterdam & Hamburg
K & BALTIMORE BOSTON, NEW YORK &
B.S. "CITY OF EASTBOURNE". ...... via Suez Canal
via Suez Canal 8.8. "CITY OF NEWCASTLE”. S.S. "CITY OF OSAKA"
via Suez Canal
ALSO AGENTS FOR:
ANDREW WEIR
ELLERMAN LINE! ...25th May.. .24th June. .25th July.
AMERICAN & MANCHURIAN LINE
& CO.
SERVICES TO
"via" Suez Canal
BOSTON AND NEW YORK
8.S. "FORRESBANK”.
MAURITIUS SOUTH AFRICA
8.8. TINHOW":
11th May. 15th June. 13th July.
AMERICAN & ORIENTAL LINE.
6th July: ORIENTAL AFRICAN LINE
End of July.
Loading for Mauritian, Delagon Bay, Durban, East London, Algos Bay (Port Elizabeth) Mossel Bay
and Capetown Through Bill of Lading issued to Beira, Quillmalne, Tho, Port Amalia, Mozambique, Chisde, Inhambane, Zanzibar, Mombasa, Kilindini, Port Nolloth, Laderits Bay, Walvis Bay and Madagascar.
For freight or passage on any
Telephone
the above lines apply to:
THE BANK LINE, LTD.