ΤΟ
P.&O.-British India Apcar and
Eastern & Australian Lines
THE
THE CHINA
ROYAL MAIL
£100,000 REDUCTION IN ADMINISTRATION
CHARGES.
ARRIVALS OF SHIPS:
Wednesday, January 27. Genos Maru, Japanese str., 4,894 tons, Capt. 7. Imamura, from Shanghai, Kowloon Wharf- N.Y.K.
Thursday, January 28. Canton, French str., 976 tons, Capt. F. L. Morvan, from Haiphong, buoy No. 38.-M. £ & Co.. Cape: St. Columbia, British str.,
6,828 tons, Capt. T. G. Cookes, from Canton, Kailian Wharf.----- Dodwell & Co.. Empress of Canada, British str., 12,811 tons, Captain A. J. Halley, from Manila, Taikoo Dock-C.P.S.',...
(COMPANIES incorporated in ENGLAND).company's fleet but throughout all ultimately have to be written off Fooshing, British str., 1,288 tons,
MAIL AND PASSENGER STEAMERS.
TAKING CARGO FOR
STRAITS, JAVA, BURMA, CEYLON, INDIA, PERSIAN
WEST INDIES, MAURITIUS, EAST AND SOUTH AFRICA, AUSTRALASIA, INCLUDING NEW ZEALAND AND QUEENSLAND PORTS, AND RED SEA, EGYPT, CONSTANTINOPLE, GREECE, LEVANTINE PORTS, EUROPE, &c.
Presiding at the annual meeting that amount being in connection of the Royal Mail Steam Packet with the White Star Line, Limited; Company, held at Southern House, and Lamport and Holt, Limited, and Cannon Street, E.C., Mr. P. G. unfortunately, even when those calls Mylne Mitchell (the chairman of the were paid, the Ordinary shares of [company), who succeeded Mr. the companies concerned would, still Walter Runcimán on the latter's be valueless. The result of the com- resignation of the position owing to pany's operations for 1980 was a his having joined the Government, loss, before providing for deprecia- said that the year 1980 had beention on the fleet, of £668,000. one of unprecedented depression noti
Large. Write-off. only on the routes served by the A very large amount would the world's routes, and whatever the book values of the assets to factors might have operated to bring bring them into line with the pre- about the present position of the sent position. The effect would be company, a contributory cause had to extinguish the reserve account GULF,been the acute and long-continued entirely, and it was obvious that a depression in trade. Every possible large part of the capital of the Pre- step had been taken to curtail ex-ference and Ordinary stockholders penditure in all directions, and n was at present no longer represent- reduction in 1931 as compared with ed by assets. The position of these } 1980 of fully £100,000 per annum, stockholders was dependent entirely had been actually effected in general upon the company being able to administration charges. The whole carry through of the officials and staff, ashore and some kind with the different finan
an arrangement of afloat, had contributed by accept cial interests. Such an arrange- ing drastic cuts in their salaries. ment must embrace the various So far as the available traffic and companies associated with the comTM the, rates belog obtained were con-pany in what was known cerned, there had been no general Royal Mail Group, Improvement in 1981 as compared
After referring to the events with 1930. Preliminary estimates leading up to the meetings held dur of the operating results of the fleet, Ing the year, which had resulted in including the shipa owned by the extension of the moratorium, he R.M.SP. Meat Transports, Limited, sald that the voting trustees had indicated that a working surplus already made substantial progress had been earned, before providing with what they termed the compre- interest and depreciation, of over hensive scheme, and discussions £100,000, whereas in 1930 there had were taking place between them and been a working deficit of £126,000. representatives of all the interests That result was not unsatisfactory, involved with a view to reaching and it demonstrated that progrcas Individual agreement on the various was being made towards getting the point. It was proposed that the operations of the fleet of the com- operations of the vessels directly pany on to a more satisfactory owned by the company and those of basla. Given even a slight revival its 100 per cent, subsidiaries which in general conditions throughout operated in the same trade route the world, the fleet was capable of should be consolidated, and the earning satisfactory profits.
PENINSULAR & ORIENTAL FORTNIGHTLY DIRECT ROYAL MAIL STEAMERS. (Under Contract with H.M. Government.)
3.2.
CHITRAL
8*ALIPORE *EASHMIR
NALDERA SOUDAN
GARTHAGE RAJPUTANA **BURDWAN
RANPURA
*SOMALI
CHITRAL
Tons
From Hong Kong About
RANCHI
"BANGALORE
NALDERA
16,000 18th
2nd
KAISAR-I-RIND, 12,000
Destination.
Value of the Assets.
As the
ships operated in the most econo- mical and efficient manner.
Several stockholders commented Sir William McLintock (one of on the reduction in the number of the voting trustees) said that the the board and urged the necessity. two main assets of the company of having a practical shipowner on were the fleet directly owned by it it. the book value of which was £9,875,-
1932, 15,000 | 80th Jan. Bombay, Marsailles & London.
Noon 5,300 8th Feb. Straits, Colombo & Bombay. 9,000 18th Feb. Marseilles, London, Rotterdam, Ant-
werp & Hall. 16,000 27th Feb. Bombay, Marseilles & London.
6,800 5th Mar. Marseilles, London, Havre, Hamburg,
Rotterdara, Anwerp & Hall, 15,000 12th Mar. Marseilles & London. 17,000
Mar. Marseilles & London 26th 6,600 2nd Apr. Bombay, Marseilles, London, Havre,
'burg,
P'dam,
A'wery & Hull. CORFU
15,000 9th Apr. | Marseilles & London RAWALPINDI 17,000 23rd Apr. Bombay, Marseilles & Lendon. 17.000 7th May Hombay, Marseilles & & London.
6,800 14th
May Marseilles, London, Havre, Hamburg,
Rotterdam,
Antwerp & Hall 16.000 21st May Bombay, Marsellles & London. 17,000 4th June
Bambay, Marselles & London. 0,500 11th June
Marseilles, Lo
London,
Havre
Hamburg, Rotterdam, Antwerp & Hull June Bombay, Marseilles &
London. July
Bombay, Marseilles &
London. RAJPUTANA 17,000 16th July Bombay, Marseilles & London. 11.000 30th July Bombay. Marselles & London.
6,800 6th Aug. Marseilles, London, Havre, Hamburg,
Rotterdam, Antwerp & Hail.
Sir William McLintock, in reply, Bombay, Marseilles & London.
000, and investments mainly in said that the scheme under con- Bombay, Marseilles & London.
other shipping companies, the booksideration provided for the forms- Bombay, Marseilles & London.
value of which was $14,118,000. tion of an operating company to That made a total of practically control all the ships of the group in Cargo only. +Calls Casablanca. Calla Djibouti Calls Karachi. Frequent connection from Port Said for Passengers and Cargo to Con-cognised that the book values of the creditors would have the election of $17,500,000, but the directors re-the South American trade, and the stantinople, Pireaus, Smyrna and other Levant Ports by steamers of the fleet and the investments in allied the board. The R.M.S.P. would Khedival Mail Steamship Co.
and subsidiary companies were in cease to be a ship operating com- excess of their present values under pany and would be merely a holding existing conditions. Last February company. Therefore the time was the voting trustees had hazarded an not ripe for the stockholders to estimate which amounted to about elect a shipping expert to the board. £8,500,000, showing a drop of about The report and accounts 59,000,000 compared with the book carried on a show of hands. value, and since then conditions in relation to the amount of surplus
MANTUA
"SOUDAN
RAWALPINDI 17,000 18th Aug. RANPURA 17.000 27th Aug. MALWA
11,000 10th Sept.
BRITISH INDIA-APCAR SAILINGS.
TALAMBA
BIRDHANA
TILAWA
8,000 8,000 10,000
1932. 9th
Feb.
23rd Feb. Singapore, Penang & Calcutta.
6th
Mar.J
B.I. Apear Line steamers have excellent accommodation for is tonnage throughout the world which and 2nd class passengers.
had been laid up had not improved,
were
WORK ON THE INDRAPOERA:
A considerable part of the £9,000,-| Over 18 months ago the Rotter- company in the Ordinary shares of of higher power in the motor liner the White Star Line, Limited, Indrapoera in order to increase the 1972
Lamport and Holt, Limited, and need. The work is now well in 7,000 80th Jan.
Manila, Rabaul, Brisbane, Sydney Elder Dempster and Co., Limited, hand and the vessel is temporarily 11.p.m. 7,000 4th Mar, & Melbourza.
being regarded as of no value by the withdrawn from service pending the 7,000 2nd Apr.
voting trustees. Calls on invest-installation of the new machinery. mente due and unpaid totalled The engines removed are two single- Regular monthly sailings from Hong Kong to Shanghai and Japan $1,188,418, practically the whole of acting 3,600 b.i.p. Sulzer mits and
EASTERN & AUSTRALIAN SAILINGS (South).000 was due to the holdings of the dem Lloyd decided to install engines
NELLORE
TANDA NANKIN
and Hong Kong to Australia.
Hong Kong to Sydney-19 daya.
Frequent connections from Australia with the following:-
The Unlon 8.8. Company's steamers to the United Kingdom vis New
Zealand, Vancouver, San Francisco, etc.
The P. & O. Royal Mail Steamers to London and
The P. & 0. Branch Bervice of steamers to London via Buss
The New Zealand Shipping Company's steamers for Southampton and London via Panama Canal
SAILINGS TO SHANGHAI & JAPAN.
BIRDHANA
TANDA TAKADA
*KIDDERPORE
TILAWA
CARTHAGE
BURDWAN
BANTHIA
1932.
.A
Capt. 8.03 Mitford, from Can- ton, buy No. B2-J. M. & Co. Halching, British str., 1,284 tons, Capt. C. H. Farrar, from Swa- tow, Douglas Wharf-Douglas & Co. Helikon, British str., 1,220 tons,
Capt. W. Anderson, fram. Sai-) gom, buoy No. B12.-Wo Fati Sing. Muroran Maru,. Japanese str., 3,251|
tons, Captain R. Sagawa, from buoy No. A2.-N.Y.K. et Nagisan Maru, Japanese str., 2,616
tons, Capt. T. Matsubayashi, from Milke, buoy No. B23.--- M.B.K.
Naldera, British str., 8,986 tons, Capt. R. Harrison, from Singa- pore, Kowloon Wharf.-M. M. & Co.
Phemias, British str. 4,751 tons,
Captain R: Dodds, from Yoko
Pronto, Norwegian str., 1,283 tons,
hama, Talkoo Dock-B; & S.
Capt. B. Holler, from Saigon, Sinkiang. British str., 1,616 tona, buoy No. A8-Lee Hang Hing.
Captain 3. S. Anderson, from Swatow, buoy No.- B20-B: & S.
Sipora, Dutch str., 841 tons, Capt. Lindeman, from Samarinda, Yaumati Anchorage J.C.J.L Sirdhana British str., 4,885 tons,
Capt. R. C. Brown, from Singa- pure, Kowloon Wharf.-P. & 0. & Co. Wing Wo, Portuguese str., 495 tons,
Capt. I. D. de Lemos, from K.. C. Wan, buoy No. B18.-Wo Hop & Co.
CLEARANCES.
Cape St. Columbia, for Batavia,
Thursday, January, 28,
Dell Mera, for Swatow. Hong Hwa, for Swatow, Kaying, for Swatow Hydrangea, for Swatow. Phasianella, for Swatow. Prominent, for Salgón. Proteus, for Samarinda Hetricola, for Palembang, Seistan, for Saigon. Shun Chik, for Saigon, Sinking for Canton, Sipora, for Whampoa Soudan, for. Shangbai. Filzaroca, for Swatow. Van Hautaz, for Singapore. these are being replaced by two of the double-acting, design, built by De Schelda, Flushing The output of the latter is 4,500 b.h.p. per unit, so that the Indrapers will have machinery of 2000 bhp. more than originally fitted in the same space. When the work is completed the vessel will be capable of a speed of fally 17 knots Motor Ship.
THE HONGKONG & WHAMPOA DOCK CO., LTD., HEAD OFFICE AND WORKS:
Telegrama:
“MANIFESTO, HONG KONG KOWLOON, HONG KONG HONG KONG OFFICE 19829.
WE KOWLOON DOCK 58055, DOCK OWNERS, SHIP. DESIGNERS AND BUILDERS, MARINE AND LAND ENGINEERS, BOILER MAKERS, IRON; STEEL, AND BRASS FOUNDERS,
FORGE MASTERS, WELDERS AND ELECTRICIANS.
7,000
Feb.
5,800 10th Fab.
Feb.
15,000 12th
Feb.
8,000 80+5 - Jan. Amey, Shal, Moji, Kobe & Osaka. 7,000 5th Feb. Shanghai, Moji, Kobe & Yokohama.
Oth 10,000 12th
Amoy Moll, Hobe & Osaka
Shanghai, Moji Robe,
On Lloyde
0.500 21st Feb.
Amoy, Sasi, Moji, Kobe & Osaka. Shanghai, Kobe Yokohama
Shanghal, Kobe. & Yokohama.
Amoy, Moji, Kobe Yokohama
RAJPUTANA 17.000
NANKIN.
·TALMA
CORFU
8,000
7,000
26th Feb.
26th Feb.
Yokohama
7th Shang Koba, Osaka & Théma |
2000 11th Mar, 1-$15,000
**B'an, Moll, Kobe & Osaka."
RAWALPINDI 17.000, [24th Mar for
set an 20kohma
SOMALI RANPURA
CHITRALTA BANGALORE
8.800.
5th Apr.
Yokohama,
4 Yokohama.
12.000 Apr Shanghül, Koos Toko
18,000 21st Apre
0.00088th Apr.
17,000
16,000
Eth
12,0005142nd June Shanghai Moji, Kabaj
19th May Shanghely Holl, Kabe
RAJPUTANA
BOUDAN.
17.000 18th June Shanghai, Kobe &Y
6,309 28th June Shanghai, Kobe Yo
Cart
FRIDAY, JANUARY
SPECIAL- ROUND
TRIP FARES
ΤΟ
EUROPE.
WEEKLY TRANS-PACIFIC SERVICE.
To Ban Francisco, Los Angeles)
& New York via: Panama. The Sunshine Bell via Honolulu Fortnightly sailings on Tuesday Pres. McKinley ....Feb. 24 Pres. Grant
.Feb. 16 From Lincoln Mar. 1
To Seattle, & Victoria.
The Short, Straight Bouts
to America Fortnightly sailings on Saturdays
Pres. Madison
Pres. Cleveland Prés. Taft .....
.Feb. 8
Feb. 20
Mar. 8
£79 £112 £120 Special through rates to Europe vis
United States. Direct connections with all Atlantic linea Chales of rait lines across United States and Canada, liberal stop-over privileges for night-seeing.
ROUND TRIP FARE TO EUROPE. Hong Kong to Naples ...
From
» Marseille #London
Full particulars upon application, EUROPE, AND NEW YORK DIRECT
ROUND THE WORLD.
#152, 5.64. $161. 8.04 #169.15.04.
Fortnightly wailing on Sundays via Manila, Straits, Colombo, Bombay, Suez Canal, Alexandria, Naples, Genoa, Marseilles, New York and Boston.
Pres. Garßeld
Prex. Van Buren..Feb. 7. 8. Pres, Polk
.Feb. 21, 8 Pres. Adams
TO MANILA
Mar. 6, 8 Mar. 20, 8
Pres. Madison Jan. 30, 10 p.m. Prez, Cleveland Feb. 18, 6 p.m. Pres. Van Buren Feb. 7,.8 am. Pres Garfield. Feb. 21, ́8·*.. Pres. Grant...Feb. 9, 6 p.m. Pres. Lincoln..Feb. 25, 6 p.. CANTON BRANCH:-4, SHA KUD STRKKI,
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
EXPRESS
UNE
BARBER WILHELMSEN
LINE
TRANS-PACIFIC AND ATLANTIC COAST SERVICE
via PANAMA.
NEXT SAILING
M.V. TAI PING YANG
on 15th FEBRUARY,
for
SHANGHAI, KOBE, YOKOHAMA, SAN FRANCISCO, LOS ANGELES, NEW YORK & BOSTON.
42 Days To New York
For Passenger and Freight.information please apply:-
DODWELL & CO., LTD.
Queen's Bufidingu.
Telephone 28021
THE KWONG HIP LUNG CO. LTD.
BOILERMAKERS,
ENGI
IRON
and... SHIPBU
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