10
THE
CHINA
MAIL.
P. &0.-British India WHY WORK ON NEW LINER
Apcar and
Eastern & Australian Lines
WAS STOPPED
"The international crisis has changed the whole financial back- ground and made continued use of this type of finance less easy than formerly.
(Continued from Page 9.)
an
CONSIGNEES.
LLOYD TRIESTINO NAV. CO.
NOTICE TO CONSIGNEES.
Steamer
In National Interest.
"PILSNA" "In. October, 1991, your directors From TRIESTE, VENICE BRINDISI, were again pressed to make
PORT SAID, ADEN, BOMBAY, offer on the basis of Income De-
COLOMBO & SINGAPORE. benture stock, which it had been CONSIGNEES of Cargo are hereby "Having regard to all the con- ascertained would be a form. of informed that all Goods are being siderations briefly indicated above, security satisfactory to certain of landed at their risk into the Godown your directors have reluctantly de the Oceanic Steam Navigation of the Hong Kong and Kowloon cided that it is necessary to Company's creditors. In the mean-
Whart & Godown Company, Ltd, at Kowloon, whence, and/or from the suspend the construction of No. time, the trading position had be- wharves delivery may be obtained. 534 pending some change in pro-come worse, both in traffic and in Optional Cargo will not be landed spects.
The necessary
steps are prospects, and the financial poal-here, unless notice has been given 49 hours prior to vessel's arrival, but
(COMPANIES incorporated in ENGLAND). being taken to this effect, and all tion more difficult for a buyer by carried on from port to port to the
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
A PORTS, EUROPE, &c.
PENINSULAR & ORIENTAL FORTNIGHTLY DIRECT ROYAL MAIL STEAMERS. (Under Contract with H.M. Government.)
A.A
CHITRAL
*ALIPORE
*KASHMIR
NALDERA
TSOUDAN
CARTHAGE RAJPUTANA
1 BURDWAN
CORFU
RAWALPINDI
RANPURA
Tons
From Hong Kong}
About
1932 16,008 30th Jan.
Noon 8th 6.300
Feb. 9,000 13th Feb.
16,000 27th 6,800 5th
Destination.
Bombay, Marseilles & London.
Straits. Colombo & Bombay. Marscilca, London, Rotterdam, Ant.
werp & Huil
Feb. Bombay, Marseilles & London. Mar. Marseilles, London, Havre, Hamborg
Rotterdam, Anwerp & Huli. 15,000 12th Mar. Marseilles & London. ! 17,000 26th Mar. Marsellles & Lendon.
6,500 2nd Apr. Bom
15,000 Oth
17,000 23rd
17,000 7th | 6,800
ture on the Georgic.
extands.
bills of exchange current on the reason of the continued expendi Anal port of call to which the option ship will be paid off as they mature out of the company's liquid cash resources, which are ample for the purpose.
"A abort time ago there was a reference in the Press to certain negotiations which had been tak- ing place under this head. Your directors, therefore, feel that it is right that the shareholders should be acquainted with a brief history of the negotiations in so far as the Cunard
Company is concerned, oven though the negotiations have broken down. All negotiations ware, of course, subject to the con- sent of the shareholders in general meeting.
No claims will be admitted after the Goods have left the Godown, and all Goods remaining undelivered after. the 20th inst. will be subject of rent.
All claims against the vessel must be presented to the undersigned on or before the 29th inst. or they will not be recognized.
It was represented to your direc- tors that rationallstation of the Cunard and White Star passenger tonnage under the Cunard Line aegis was in the national interest. Fully sharing this view, your direc- tore made another offer for the All broken, chafed, and damaged fleet; including the Georgic when Goods are to be left in the Godowns, completed,' on the basis of £500,- where they will be examined on the 000 in cash and the balance in In-veyors, Messrs. Goddard & Douglas.
20th inst. at 10 a.m. by our Bur. come Debenture stock, with an over In the case of dutiable goods, Con- riding guarantee of not less inter-signees are requested
cern. Very careful consideration was given to the tonnage, to the prospective revenue, and to trad- ing prospects.
1
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LIMITED.
From MIDDLESBRO', LONDON AND STRAITS.
inform The est on such stock up to 41⁄2 per cent. Imports & Experts Office that they than any dividend paid on Cunard have such goods for examination,
No Fire Insurance has been effect Ordinary shares.
ed. "In making this offer, your direc- Bill of Lading will be countersign- tors had to assess what was likelyed by
DODWELL & CO., LTD., "In October, 1930, at the request; to be the earning capacity of the
Agents, of the voting trustees of the Royal White Star fleet as a going con- Hong Kong. 14th January, 1932. Mail Steam Packet Co., your direc- tors made a substantial cash offer for certain ships of the White Star Atlantic Fleet, subject as above and also subject to an arrangement "The Oceanic Steam Navigation through his Majesty's Treasury of Company Limited's published ac- a repetition of the financial terms count for the year 1930 showed a under which Mauretania and Lusi- loss of £379,069 before charging tania were built, in favour of No. any depreciation. It was clear to The Steamship. 534 and her projected sister.
your directors that some consider-
"BENVENUE " "This offer was refused by the able time would be necessary to CONSIGNEES of Cargo are hereby m. voting trustees.
stop this drain, and they had to re- formed that all Goods are being land. "In June, 1931, the Cunard Com- member that while the form of the ed at their risk into the hazardous and/or extra hazardous Godowns of pany was again asked to take a71 offer relieved the White Star The Hong Kong & Kowloon Wharf & interest in the matter. According interests of the risk of the losses Godown Co. Ltd., whence ly, your directors suggested pur-continuing, it placed that risk from the wharves delivery may be ob- chase of certain ships of the White squarely upon the shoulders of the Star fleet Hamburg,
with Cunard Ordinary Cunard Company, at the same time shares at a share valuation to be securing to the vendors repayment fixed by an accountant's agreement of the Income Debenture stock in based on
an amalgamated balance- whatever measure Cunard ration- sheet of the Cunard Company and alisation of the fleets was success- its subsidiary companies, in which ful the Canard Atlantic ships were be valued on a basis comparative to the values placed on those of the White Star Line.
Marseilles. London, HATE,
A'werp & Hull
Apr. Marseilles & London.
Apr. Bombay, Marseilles & London. May
Bombay, Marseilles & London. 14th May Marseilles, London. Havre, Hamburg,
Rotterdam, Antwerp & Hull 16,000 21st May Bombay, Marseilles & London. RANCHI
17,000 4th June Bombay, Marseilles & London. *BANGALORE 6,500 11th June
CHITRAL
10,000
18th
KAISAR-I-HIND 12,000
Marseilles, London,
London, Havre,
Rotterdam, Antwe & Bull.
Antwerp &
Marseilles &
& London.
June recites & London.
2nd July
17,000 16th July
30th
Marseilles & London.
恩
July Bombay.es & London. 8th Aug. Marseilles,
NALDERA
RAJPUTANA
MANTUA
7 11,000
*SOUDAN
6,800
RAWALPINDI
13th
RANPURA
MALWA
17,000
Aug. 17,000 27th Aug. 11,000 10th Sept.
Havre, Hamburg, Rotterdam, Antwerp & Hull, Bombay, Marseilles & London. Bombay, Marseiller & London. Bombay, Marseilles & London.
to
"This offer was refused.
tained.
and, or
No claims will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 26th inst will be subject to rent.
All claims against the steamer must he presented, to the Undersigned on or before 9th
9th February or they will not be recognised.
All broken, chafed, and damaged Goods are to be left in the. Godowns, Position of Jeopardy. "The alternative placed bofore
where they will be examined on the 25 th inst., the Cunard Company was that they Goddard 10 m. by Messrs.
& Douglas. *Cargo only, Calls Casablanca. Calls Djibouti. Calls Karachi.
"This basis was designed to en- should take over the ships on Д To comply with the General Bond- Frequent connection from Port Said for Passengers and Cargo to Con-able the Cunard Company to take higher valuation than your direc-ed Warehouse Regulations coraignees tannople, Pireaus, Smyrns and other Lavant Ports by steamers of the
over the White Star fleet on terins tors considered
must have a Revenue Offcer reasonable, on tendance
in at- Khedival Mail Steamship Co.
fair to the Cunard
when damaged dutlable share and terms of payment detrimental to goods are examined. Debenture stock holders, while at Cunard shareholders, and with No Fire Insurance has been effect the same time give the White Star, special terms for purchase of the ed interests their fair share of any Georgic which involved aasuming ed by,
Bills of Lading will be countersigo- earnings the future might have in liability for a bank loan of £670,-! GIBB. LIVINGSTON & CO., LTD. store for their ships, under Cunard, 000 and accepting £458,000 of bills
Agents. rationalisation.
to be drawn by the builders on Hong Kong, 19th January, 1932. Cunard at a time when these bills could not be discounted.
*TALMA
BRITISH INDIA-APCAR SAILINGS.
TALAMBA
SIRDHANA
1932. 10,000 20th Jan. 8,000 5th Feb. 8,000 23rd Feb.
Singapore, Penang & Calcutta.
Calls Port Swettenham.
B.L. Apcar Line steamers have excellent accommodation for 1st on her; and it was represented by and 2nd class passengers.
"The Georgic was not included in this offer, as at that time only some £300,000, had been expended
your directors that if Cunard took over the flect it was advisable to suspend her construction, in view existing on her berth was consider ably in excess of traffic require ments.
EASTERN & AUSTRALIAN SAILINGS (South). of the fact that tonnage already
1932
NELLORE TANDA NANKIN
7,000 30th Jan. 7,000 4th Mar. 7,000 2nd Apr.
Manlia, Raban, Brisbane,
& Kelbourne.
Sydney
Regular monthly sailings from and Hong Kong to Australia.
Hong Kong to Shanghai and Japan
Hong Kong to Sydney-19 days.
Frequent connections from Australia with the following
The Union 8.S. Company's steamers to the United Kingdom via Now
Zealand, Vancouver, Ban Francisco, ate.
The P. O. Royal Mail Steamers to London and
The P. & D. Branch Bervice of steamers to London via Suez.
The New Zealand Shipping Company's steamers for Southampton and London via Panama Canal
SAILINGS TO SHANGHAI & JAPAN.
*KALYAN *SOUDAN NALDERA
SIRDHANA TANDA
TAKADA *KIDDERPORE
RAJPUTANA
CORFU
RAWALF RAWALPINDI *SOMALI RANFURA
CHITRAL *BANGALORE
DANGA RANCHI
NALDERA
"
- 1982. ₤,000 22nd Jan. Shanghai, Kobe & Yokohama, 0,800 26th Jan. Shanghai, Kobo & Yokobama. 16,000 20th Jan Shanghai. Kabe & Yokohama.
8,000 29th Jan. Amoy, Shal, Moil, Kobe & Osaka 7.000 5th
Shanghal. Moit, Kobe & Yokohama. 7,000 5th
Amoy, Moji, Kobe &
Danka. 10th
15,000
0,500
12th
21st
28th
17,000 15,000 11th 17,000 24th
דוד
Feb.
Feb.
Robe & Yokohama Коре ← Yokohama. Kobe & Yokohama, Hobe & Yokohama. Kobe & Yokohama.
obe &
Yokohama.
Fe Moll & Kobe.
Marhat, Ho
Apr
4.800 5th 5th 17.000 17,000 7th Apr. 15,000 2188
6.500 17,000
16,000
May
19th
Kobe
&
1
okoname. Shanghai, Kobe & Yokohama. May Shanghal, Moji, Kobe & Yokohama. 2nd Jane Shanghal, Moll, Kobe & Tokohama.. RAJPUTANA 17,000 16th Jane Shanghai, Kobe & Yokohams.
SOUDAN
6.800 28th Jane Shanghai, Kobe & Yokohama.
TAISAR-I-HIND❘ 12,000
*Carga only.
All dates are approximate and mebject to alteration without wobles, All Cabins are fitted with Electric Fans, or Funka Louvre Systém.
Steamers on London and Australian Lines are fitted with. Laundries, Parola measuring not more than 5 eu. It will be received at the Com- pany's Office up to Noon on the day previous to sailing o
For further information, Passage, Freight, Handbooks, etc., apply to:-
MACKINNON, MACKENZIE & CO.
P. & 0. Belkling, Connaught Rd C. Hong Kong.
through.
"Cunard shareholders may be re- minded that under the Articles of Association no one but a British subject may hold shares in the company-a provision arising from the Government agreement of 1930 in connection with the construction of the Mauretania and Lusitania, Almost alone among the great
"Your directors felt that to modify their proposals on these lines would be to lead the Cunard Company. into a position of jeo- pardy, and therefore, though realls ing the grave danger of Govern- ment assisted tommage being placed on the Atlantic in competition with your ships, they decided that no "The basis of this auggestion other course was possible than to North Atlantic passenger lines, the was refused.
allow the negotiations to fall Cunard Company is at present de-
THE HONGKONG & WHAMPOA DOCK
Telegram:
HEAD OFFICE AND WORKS:
CO., LTD.,
"MANIFESTO, HONG KONG," KOWLOON, HONG KONG HONG KONG OFFICE 28020,
Telephones:
KOWLOON DOCK 58058.
DOCK OWNERS, SHIP DESIGNERS AND BUILDERS, MARINE AND LAND ENGINEERS, BOILER MAKERS, IRON, STEEL, AND BRASS FOUNDERS,
FORGE MASTERS, WELDERS AND ELECTRICIANS.
On Lloyda
Hat ot
approved
Cast
Steel
Manufac
Eurora
TS.S. "EMPRESS OF JAPAN.”
Harbour
Call Flags
Baginer:
Boller.
maker
Shipwright
In No. 1 Dock. Dimensioni:4÷666′0′′· 0.A. x 85′6′′ x 48′6′′ Mild. 26,000 tons Gross.
The Company possesses Six Granite Docks and Two Patent Blipways. The dissensions of No. 1 Dock are 700'0"≤ 88′0′′ x 30′8′′! over silt, H. W OST Balvage Tag "Henry Keswick.” 2,000 LHP. Wireless Call Signal V.P.BT. and, Fisg. Call Signal T.HQE. Sheerlegs capable of lifting 80 tome.
Codes Used's Al, ABC. Fifth Edition: Engineering, First and Second Edition.
Union. Bentley and Walklan
Kindly send enquirien to the Chief Manager,
R. M. DYFI BSZ MINA. Kowloon Docks, Há
WEDNESDAY, JANUARY 20, 1932.
SPECIAL ROUND
TRIP FARES
סני
EUROPE
WEEKLY TRANS-PACIFIC SERVICE
To San Francisco, Los Angeles & New York via Panama. The Sunshine Belt via Honolulu
To Seattle & Victoria,
The Short, Straight Boute to America
Fortnightly sallings on Tuesdays (Fortnightly sailings on Saturdays
Pres. McKinley Pres, Grant
Prea, Lincoln
.Feb. 2 .Feb. 18 ..Mar. 1
*.m.
Pres. Jefferson ...Jan. 23, 4 Prem. Madison........Feb. 6 Pres. Cleveland..... Feb. 20
£79 £112 £120 Special through rates to Europe via
United States. Direct connections with all Atlantic lines. Choice of rail lines across United States and Canada, liberal stop-over privileges for sight-seeing.
ROUND TRIP FARE TO EUROPE. From Hong Kong to Naples
++
H
Marseille London
Full particulars upon application,
EUROPE AND NEW YORK DIRECT
ROUND THE WORLD.
r
£152 5.00.
£161, 0.04. $169.13.04.
Fortnightly sailing on Sundays via Manila, Straits, Colombs, Bombay, Suez Canal, Alexandria, Naples, Genoa, Marseilles, New York and Boston.
8.01.! Pres. Monros .....Jan. 24, 8 Prea. Garfield .....Feb. 21, 8 Pres. Van Buren ..Feb. 7, 8 Pres. Polk ......Mar. 6, 8 TO MANILA
Pres. Monroe ..Jan. 24, 8 a.m. Pres. Van Buren Feb. 7, 8 a.m. Pres. McKinley Jan 26, 6 p.m.Pres. Grant...Feb. 9, 6 p.m. Pres. Madison..Jan. 30, 6 p.m. (Pres. Cleveland Feb. 13, 8 p.. CANTON BRANCH:-4, SHA KEB STREET.
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
BARBER
INCREASE LE
PARAKA
EXPRESS
SERVICE
BARBER WILHELMSEN
LINE
THE PREMIER ALL WATER ROUTE TO NEW YORK and other US. Atlantic Ports via Panama.
All vessels call at SAN FRANCISCO and LOS ANGELES en route.
Passengers desiring to travel by this interesting route will find the accommodation provided wel up to their expectations, and at a cost moat reasonable.
42 Days To New York.
For Passenger and Freight information please apply:--
DODWELL & CO., LTD.
Queen's Bulidings. Telephone 28031.
Agents.
THE KWONG HIP LUNG CO. LTD.
ENGINEERS and SHIPBUILDÉES, BOILER MAKERS, BRASS and IRON FOUNDERS. All work done in this establishment - guaranteed. Wo have over thirty years' experience. We own two Up- ways and can accommodate any craft of 200 feet long.. Town Offices 64, Connaught Road Central, Hong Kong, Tel. 20450. Shipyard: Shamshai-po, Kowloon, Hong Kong. Kowloon Tal 57009,
Estimates furnished, on application
Hong Kong. April 1, 1924...
pendent on private finance and its "While your directors. feel that own credit, whereas many of its the shareholders should be inform most
competitors are re-ed of the grave matters referred to, ect or indirect State as in this memorandum, the share In these circ natangas, holders may rest assured that all ors are bending all their alike diracters, ... MANA GFE,
the company's staff ashore and afloat-ares hed." sound andn
wholeheartedly to safa ty husband resources no the company's Interests, and
serve the Bizitinis: Lindit
to benef
eturn to nor
in's position
Cunard Line By “Board, H. E' Flewitt Sea
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