10
THE
REORGANISATION OF
P.&O.-British India FRENCH LINE.
Apcar and
Eastern & Australian Lines
(COMPANIES incorporated in ENGLAND). MAIL AND PASSENGER STEAMERS. TAKING CARGO FOR
STRAITS, JAVA; BURMA, CEYLON, INDIA, PERSIAN GULF, WEST INDIES, MAURITIUS, EAST AND SOUTH AFRICA, AUSTRALASIA, INCLUDING NEW ZEALAND AND QUEENSLAND PORTS, AND RED SEA, EGYPT, CONSTANTINOPLE, GREECE, LEVANTINE PORTS, EUROPE, &c.
PENINSULAR & ORIENTAL FORTNIGHTLY DIRECT ROYAL MAIL STEAMERS. (Under Contract with H.M. Government.)
3.8.
Tone
From Hong Kong
About
1931.
**KIDDERPORE
**ISOMALI
5,300
-6,800
6th Aug.
Noon 9th Aug.
RAJPUTANA
17,000 15th Aug.
5,000 10th Aug. 0,000 22nd Aug.
9,000 29th Aug.
16,000 12th Sept.
6,800 19th Sept.
8,000 26th Sept.
*ALIPORE **PADUA
+EARMALA
CATHAY
SOUDAN
*KALYAN
Destination.
Straits, Colombo & Bombay.
Marseilles, Gibraltar, Havre, London, I'burg, R'dam, A'werp & Hull. Bombay, Marseilles & Lendon. Straits, Colombo & Bombay.
Bombay, Marseilles & Londor
Į
The C.G.T.'s Heavy
Deficit.
CHINA MAIL.
Д
ITALY'S NEW LINERS.
How Construction Is
Financed.
coming a participant. This work- ing arrangement was considerably tightened up in April, when joint board of administration was appointed which included M. Paul Cyprien Fabra, M. Leon Cyprien Fabre, M. Jean Fraissinét, and 'M. Alex Baptifaut. The purpose of this new agreement was "to carry out a rationalization scheme for In connection with the difficulties unity of action."
reasons of economy and to create of the Compagnie Generale Trans-this stop was evident from the de- Government to the construction of The contribution of the Italian The need for atlantique (the French Line), cline in the revenue from passenger the supertinens Rex, of the Naviga- which have been the subject of dis-traffic during 1930 and during the zione Italiana, which will be launch- quieting rumours in the Press of first months of 1031
ed by the Cantieri Navali Ansaldo late, the Finance Committee has
di Sestri Ponente, and Conte di received statements from M. Plerre
Savoia, of the Lloyd Sabaudo, under Laval, Prime Minister; M. Flandin, Minister of Finance; M. Pietri, days ago that the financial situs-Riuniti del l'Adriatico, is no less The sudden announcement a few construction by the Cantieri Navali Budget Minister; and M. de Chaption of the Compagnie Generale than 56,250,000 paper lire each pedelaine, Minister of Mercantile Trans-atlantique, had become (over £600,000 at the present rate
Bevere
18
Public View.
one
II
06
A
According to re-
Marine, as to the exact position of serious that Ministers had decided, of exchange). the company, its relations with the at a Cabinet Council, to treat the ports just presented by the two State, and the measures proposed matter for ita reorganisation, writes the
of exceptional companies to their shareholders, urgency, fell on the French each company arranged for the con- Paris correspondent of a Home public as
shock, writes struction of its super-liner, a loan paper. Similar statements were the Paris correspondent of the of 150,000,000 paper lire over made by these Ministers to the Financial News. The whole coun-period of 15 years at a rate of Mercantile Marine Committee of try has for years been proud of the interest of 6.80 per cent. per the Chamber,
"Transat's" It has been known for aoine both on
spectacular success, annam, and the Government has the Atlantic and in undertaken to contribute towards time that the Compagnie Gen-Morocco and other parts of the the payment of this interest to the erale Trans-Atlantique was pass world. Only a year or so ago
extent of 22 per cent. This con- ing through due
crisis, big issue of additional capital was tribution for 15 years Involves the in part to the
sum gen- eagerly taken up by the public, and expenditure of the eral world depression, but also the fact that the company has now mentioned for each liner.
above- to a large extent to the great under construction
The contribution of the Govern 'efforts being made to maintain the liner, at a cost of nearly £5,000,000 ment in the construction of the place of France in the competition for the express purpose of trying Victoria, of the Lloyd Triestino. for the Transatlantię traffic. Ac-
to wrest from the Germans the which will shortly enter the ser- cording to the reports available, blue riband of the Atlantic, has vice to Alexandria, was in the same the present deficit is in the neigh-been the subject of great news-proportion, and totalled 19,125,000 bourhood of $15,000,000 francs
paper propaganda.
paper lire. (about $2,500,000).
Similar ald has been Offers have already been made by several lines to the "Transat's" inner workings four cargo motorships built for the The reticence observed in regard granted for the construction of the to participate in the task of re (like that which has prevailed in Societe Veneziana di Navigazione a construction, and to this end it is regard to a large number of other Vapore, and for a cargo vessel built proposed to reduce the
pre important French concerns
for the Societa Emanuele V. Parodi. share sent
capital (amount the war) has naturally intensified of Genoa, totalling 14,593,750 paper ting to 299,000,000 francs, and the surprise felt by the public. It at a later stage to increase has also caused an exceptionally
Thus, the total contribution of
a new
giant
since
lire.
Marseilles, Havre, London, Hamburg, it by some 260,000,000 francs, plain-spoken outburst from the pen the Italian Government to the im
Rotterdam, Antwerp & Hull. Marseilles, London, Rotterdam, Ant, the other lines participating. The of M. Leon Ballby (the, influential provement of the merchant marine
werp. & Hull.
company is indebted to the State for director of the "Intransigeant," le 146,218,750 paper, lire payable Marseilles, Havre; London, Hamburg, en account of war profits, but left tionalism), which throws inter-
35,000,000 francs (280,000), due who has never been given to sensa-over a period of 15 years. Rotterdam & Antwerp. Marseilles, London, Rotterdam, Ant- outstanding in order that the re-esting aldelights on the subject.
Guarantees for Shipbuilders. werp & Hull.:
construction of the company's flect "Why have we just learnt," M. In order to guarantee to Italian; after the war might be unhamper- Ballby writes, "that this company, yards the payment of the total cost ed. It is proposed that a five years' which was generally believed to be of ships built for foreign owners, moratorium should be granted on prosperous, has suffered diacom- this sun, with interest, running at sture? 5 per cent.
Cargo only. †Calls Casablanca. Calls Djibouti. Calls Karachi & Port Sweltenham.
Frequent connection from Port Said for Passengers and Cargo to Con- stantinople, Pireaus, Smyrta and other Levant Ports by steamers of the Khedival Mail Steamship Co.
BRITISH INDIA-APCAR SAILINGS.
"TILAWA
SANTHIA TALMA
10,000
8,000 10,000
1931,
9th Aug. Singapore, Penang & Calcutta. 10.30 a.m.
23rd Aug. 'Singapore, Penang & Calcutta.
8th Sept. Singapore, Penang & Jalcutta. Calla Port Swettenham.
It works with the subsidy of the State and under its control. Was nobody in the Ministry in And of what was in preparation? formed of its critical situation?
The act is astonishing."
CONSIGNEES
28-
new corporation has been tablished named Ente Italiana di Assicurazione Crediti fra Cantieri Navali. Until the formation of, guaranteed this corporation the extent of credit to Italian yarda,was limited to 65 per cent. of the total cost, and
was made, through the Institute. Nazionale delle Assicura- zloni (Italian Exports Institute), Consequently the possibility exist ed of the yards being involved in a considerable loss if payments were not properly made. Now that the
Other Proposals. Other proposals include an annual subsidy of 25,000,000 francs (£200,000) for four years and 20,- 000,000 francs (£160,000) for 12 subsequent years in place. of the present annual, subsidy of 4,000,000 franes (£32,000). It is further proposed to include in the current Burget account
a supplementary THE EAST ASIATIC CO., LTD full cost is guaranteed Italian yards credit of 84,000,000 francs (£672,- 1000) on behalf of the company.
atlantique stands in close relation The Motor Vessel, to the Government as holding a con-
**ANNAM" EASTERN & AUSTRALIAN SAILINGS (South), and part of the additional subsidy are hereby informed that all goods cession for the conveyance of maila, having arrived, Consignees of cargo will evidently figure as increased are being landed and placed at their payments for this form. of trans-rlak Into the hazardous and/or extra- port.
hazardous Godowas of The Hoogkong where delivery can be obtained as 2000 Kowloon Wharf & Godown Co., Lid, as the goods are landed.
B.L. Apcar Line steamers have excellent accommodation for 1st The Compagnie Generale Trans- and 2nd class passengers.
TANDA
NANKIN
NELLORE-
7,000 7,000 7,000
1931 End Sept
2nd Oct. 31:~~Oet.
Manila, Rabaul, Brisbane, Sydney ****&TM Malbourne,
Regular monthly mailings from Hong Kong to Shanghai and Japan
and Hong Kong to Australia.
Hong Kong to Sydney-19 days.
Frequent commections from Australia with the following:-
The Union 8.3. Company's steamers to the United Kingdom via Newbeen peculiarly exposed to Zealand, Vancouver, San Francisco, etc.
The P.&O. Royal Mall Steamers to London and
The P&O. Branch Service of steamers to. London via Suez.
COPENHAGEN.
are in a position to offer excellent i facilities to foreign owners, Rus--| sian in particular, and it is antici- pated that further orders will be forthcoming from that country. ATLANTIC TRAFFIC.
Reduced-Passenger Fares.
It is difficult, in the absence of more exact details than is at pre- sent available, to analyse complete-
No claims will be admitted after the ly the causes which have brought goods have left the Godowns, and all about the present situation,
Foods remaining undelivered after the
Paris, July 10. con- 10th August, 1981, at 4 p.m. will be tinues the
The principal item on the agenda correspondent. The subject to rent.
of the international conference of company, which operates lines be- All broken, chafed and damaged the shipping lines interested in the tween Havre and New York, has goods are to be left in the Godown, North Atlantic traffic, is the early where they will be examined by Moasra. Anderson & Ashe on the reduction of first class passenger 8th August, 1081) at 10 a.m.
fares on the giant, luxury liners, All claims against the vessel must where this year's decrease in the. be presented to the Undersigned before the 18th August, 1981, or they will volume of traffic is most heavily not be recognised.
It is regarded as almost cer No Fire Insurance will be effected. tain that the reduction will be Bills of Lading will be counter adopted as only signed by
one company has refused adhesion to the proposed JOHN MANNERS & CO., LTD.,
agreement. Agenta.
also discuss the question of lower- ing fares for return journeys.
the effects of the world criela. Twa years ago it entered into a work Ing arrangement with the
The New Zealand Shipping Company's steamers for Southampton and Chargeurs Reunis, under the title
London via Panama Canal
SAILINGS TO SHANGHAI & JAPAN.
of the Union Francaise d'Arma- ments, for the more economic work- Ing of the two lines, and at the same time both increased their capital by a total of 230,000,000
Cheap Summer Trips to Japan, June to Sept,francs, the Cyprien Fabre Line be-
*SOUDAN TANDA
CATHAY
ITALMA
NANKIN
TAXADA
KALYAN
+8T. ALBANS
1931.
6,800 6th Aug. Shanghai, Kobe & Yokohama. 7,000
15,000 14th 10,000 14th -7,000 27th Aag.
5
7th Ang Shanghai, Moji, Kobe & Yokohama.
p.m.
Aug. Aug.
Shanghai, Kobe & Yokohama,"
7,000 28th Aug.
B,000 28th Aug.
Amoy, Shal, Moji, Kobe & Osaka. Shanghai, Kobe & Yorham.
Amoy, Moji, Kobe. & Yokohama, Shanghai Moji, Kobe & Yokohama.
4,500 81st Aug. S'hal, Moji, Kobe, Onika & Thama.
*Cargo only. +Calls Nagoya,
Calling Wel-hai-wei,, Tsingtan & Shanghai on return from Japan.
All dates are approximate and subject to alteration without notice.
•Passengers for Rangoon must defray their own Hotel, expenses at Singapore while waiting the on-carrying steamer.
All-Cabins are fitted with Electric Fans on Punka Louvre System freD of charge, slepene
Steamers on London, and Australian Lines are fitted with Laundries. Parcels measuring not more than 5 cu. ft. will be received at the Com- pany's Offen up to Noon on the day previous to sailing.
.:
Hong Kong, 3rd August, 1991.
falt.
WEDNESDAY, AUGUST 5, 1931.
SPECIAL ROUND
TRIP FARES TO
EUROPE.
WEEKLY TRANS-PACIFIC SERVICE
'To San Francisco, Los Angeles & New York vla Panama, The Sunshine Belt via Honolulu Fortnightly sailings on Tuesdays
Pres. Lincoln Prea. Pierce
Pres. Wilson
To Seattle & Vistoria.
The Short, Straight Route to America Fortnightly calling, on Sundays. ..Aug. 18 Pres. Jeffereon....Aug. 9, 6 ..Sept.1 Pres. Madison.....Aug. 23 ..Sept. 15 Pre Cleveland .....Sept. 6
A.12.
£79 £112 £120 Special through rates to Europe via
United States, Direct connectiona with all Atlantic linos. Choice of ral lines across United States and Canada, liberal stop-erer privileges for night-necing.
ROUND TRIP FARE TO EUROPE.
From Hong Kong to Naples
Marsellle "London
Full particulars upon application, EUROPE AND NEW YORK DIRECT:
ROUND THE WORLD,
£152 5.01.
£161, 0,00. £169.15.0d.
Fortnightly sailing on Sundays via Manila, Straits, Colombo, Suez Canal, Alexandria, Naples, Genoa, Marseilles, Now York and Boston..
8.
Pres. Adama ...Aug. 9, 8 Pres. Harrison...Aug. 23, 8
£
8.03.
Pres. Hayes... .Sept. 6. 8 Pres. Fumore....Sept. 20, 8 TO MANILA
Pres. Adams...Aug. 9, 8 a.m.Pres. Harrison Aug. 23, 8 an Pres. Lincoln Aug. 11, 6 p.m. Pres. Pierce...Aug. 25, 6.p.m Pres. Madison Aug. 11, G. p.n Pres. Cleveland Aug. 29; 6 p.m. CANTON BRANCH: SHA KEE STREET.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
BARBER
MALMENGEN
LINE
PARXA
EXPRESS
BARBER WILHELMSEN
LINE
TRANS-PACIFIC AND ATLANTIC COAST SERVICE
via PANAMA.
NEXT SAILING
M.V. "TAI YANG"
on AUGUST 18th.
for
SHANGHAI, KOBE, YOKOHAMA, SAN FRANCISCO, LOS ANGELES, NEW YORK & BOSTON,
42 Days To New York.
For Passenger and Freight information please apply:~~~
The conference Will DODWELL &
DODWELL & CO., LTD.
THE HONGKONG & WHAMPOA DOCK CO., LTD., HEAD OFFICE AND WORKS:
**Telegrams;
"MANIFESTO, HONG KONG KOWLOON, HONG KONG HONG KONG OFFICE 28039
KOWLOON DOCK 18059. DOCK OWNERS, SHIP DESIGNERS AND BUILDERS, MARINE AND LAND ENGINEERS, BOILER MAKERS, IRON, STEEL AND BRASS FOUNDERS,
FORGE MASTERS. WELDERS AND ELECTRICIANS.
On Lloyds
Hut of
approved
For further information, Passago, Freight, Handbooks, etc., apply to MACKINNON, MACKENZIE & CO.
Cast:
P. & 0. Ballding, Connaught Rd. C., Hong Kong
Stoel
Manufac
THE KWONG HIP LUNG CO. LTD.
Harbour
Call Pings Engineer
Boiler
Shipwright
Queen's Buildings.
Agents.
TYPHOON
MAP
OF THE
CHINA SEA
The Landsman's Handy Guide to Locating the Centre of a TYPHOON
Telephone 28021.
SHOWING THE NEW STORM SIGNALS,
REVISED MARCH 1st,
Price 50 Cents
PUBLISBERS.
THE NEWSPAPER ENTERPRISE LTD.
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