THE HONGKONG DAILY PRESS, TUESDAY, SEPTEMBER 20TH, 1921;
DODWELL & CO., LIMITED.
REGULAR SAILINGS TO NEW YORK & BOSTON -
for NEW YORK & BOSTON via Suez,
"KENDAL CASTLE"
sailing on the 30th Sept.
LLOYD TRIESTINO.
TAKING CARGO ON THROUGH BILLS OF LADING FOR LEVANT, BLACK SEA & DANUBE PORTS
FTUME having been re-opened for traffic, cargo is also accepted for this port on through Bills of Lading.
1.4
B2
FOR BRINDISI, VENICE & TRIESTE via SINGAPORE, PENANG & COLOMBO. PERSIA ".
sailing 2nd half of October.
FOR
SHANGHAL
PERSIA"...
...miling on or about 10th October Passengers" Luggage can be insured at the Office of the Agents.
NATAL LI
OF STEAMERS.
Balling from Colombo to South African Porta:=;
*.*. V! UMVOLOST"
** **UMONA”
...ssiling on or abou: 30th Sept. from Colombo.
ming the beginning of Sept.
SOUTH AFRICAN PORTS from CALCUTTA & COLOMBO. Through Bills of Lading issued from Hongkong.
For Freight or Passage on any of the above Line apply to
DODWELL & CO., LIMITED,"
N. Y.
Agenta.
K
NIPPON YUSEN KAISHA
KAILINNG FROM HONGKONG SURINGS TO ALTERATION.
D
-#
VICTORIA, SEATTLE & VANCOUVER
Japan porta
Shanghal
Through Bills of Lading issued to all Overland common Points in U.8.A. and Canada. KASHIMA MARU
140
100
H
JUWA MABU (Nagasaki direct) FUSHIMI MARU (Nagaraki direct) KATORI MARU (calling Manila)
1
Thursday, Saturday, Saturday, Saturday,
29th Sept, ar 11'La 19th Oct, ai 11 am 19th Nov, at 11. 3rd Dec. at il 21.
A FREIGHT REVIVAL.
LOOKING FOR LARGER. SHIPPING PROFITS.
There has been a very welcome" spurt in freights which will be additionally beneficial as soon as coal is more plenti- ful for export, says the Financier of] July 28th. In respect to the latter there has been some lagging which is especially deplorable, as soiro good cargoes are offer- ing homewards in the Danube and at Australian. ports. Although the rates
being quoted and accepted are an in- provement, owners would be mors pleased were they able to get a coal cargo out- wards, and so cover expenses more easily.
There are also plenty of people ready to take ships on charter for coal, but, unfortunately, no guarantee is forth- ooming when the ships can load, and there is a fear, not altogether unfounded, that we shall see some congestion at the coaling ports which will add to the diffi culties of securing a fair start for the coal business. However, there are signs of activity, and although the machinery may not be in proper working order, the ovidences of getting it into moțion are all in the right direction:
NO HIGHER TREIGHTS?
In addition to the announcement tha other day of having taken back most of the ships he sold to the Western Counties Shipping Company, Sir Arthur Munro Sutherland, Bart., made a point about freight rates, which those who are wait- ing on the fence will do well to note. It was that he did not see any possibility of freights going higher than they are at the present moment. In saying this evi- dently Sir Arthur did not wish to be taken too literally, for in the last few day, freights in certain directions have made quite an appreciable upward move- ment. What, no doubt, he did wish the shareholders in the Isles Steamship Com- pany to note was that any improvement ip shipping finance is likely to come from the reducting of costa rather than the as cendancy" of freight rates to levels.
war-time
There are still a good many who would be offended if one did not call them hard headed business men,, who seem to ba waiting for prices to come. back to the halcyon days so recent, when buyers clamoured for the goods at any cost. This applies to a certain class of shipping investor who will have a futile wait if he is depending on war-time freights" for dividends, and it is woll that Sir Arthur has brought out the point.
AEIPPING COSTS.
It is of course. not easy. "to make a profit on present freights. and on some trade routes it is absolutely impossible.
MARSEILLES, LONDON & ANTWERP ria Singapore, Fenang But, broadly speaking, there is little hope
* Colombo, Suez and Port Said
INABA MARU
KAMO MARU
IYO MABU
Friday,.. Friday, Friday,
- HAMBURG, vis LONDON & ROTTERDAM,
MITO MARU
MATSUYE MARU
A
30th Sept., at 11 am. 14th Och, at 11 s.m. 28th Och, at 11 m.
Middle of October. End of November.
LIVERPOOL & GLASGOW, via MARSEILLES.
LISBON MARU
SYDNEY & MELBOURNE via
Island, Townsville & Brisbane, TANGO MARU NIKKO MARU
40
Mondsy, 3rd Oct.
Wednesday, 21st Sept, at 11 am Tuesday, 18th Oct, at 11.m
of material improvement, for as soon as freight rates harden there is whole flotilla of laid-up ships ready to come out and depress the mark
market. Those who re- member shipping affairs before the war will realise how sensitive the freight market was, and how one or two extra ships would knock the bottom qut of a market. Hence the owner who can keep his ships running at a profit at to-day's rates must perforce watch his expenses very carefully That there is room for
Maalia, Zamboanga, Thursday improvement is evident from examples
given by
Sir Arthur. Before the war his wages bill for a 6,000-ton steamer was £150, and up to a few months ago it was £080 a month. The reduction in wages brought this bill down to £870, but this is still too high. Stores and provisions! are more than double, and the expenses in the Tyne of loading a steamer for the Mediterranean, which used to be £200, are now £500. Bunker coals used to be 12x. ed; to-day they are about 40s.
NEW YORK, VIA PANAMA & CUBAN PORTS.
DAKAR MARU *
DURBAN MARU
+H
NEW YORK via SUEZ.
RANGOON MABU....
Tuesday, 20th Sept. Thursday, 20th Oct
BIO DE JANEIRO, SÄNTÖS & BURNOS AIRES
KANAGAWA MARU
KAWACHI MARU .........
End of Oct.
via OAPA Monday, 19th Sept, at 5 PM.
Middle of November
BOMBAY via Blagapore, Penang', and Colombo,
TATSUNO MARU
A:
Monday, 101 Bept.
CALOUTTA Tia Singapore, Penang & Bangoon...
NAGANO MARU
SHANGHAI, KOBE & YOKOHAMA.
14th Oct. at 11 am.
BENTEN MARUZA
Monday, 26th Sept Sunday,
9th Oct
NAGASAKI, KOBE & YOKOHAMA.
AKI MABU
Friday,
MATSUYE MABU
Saturday,
SANTKI MABU
ATSUTA MARU
KAMAKURA, MARUM.
Sanday, Thursday, Tuesday,
For further information apply to--
Telephone Nos, 291 & 293.
24th Sept. 25th Sept. 29th Sept., at 11 11th Oct
NIPPON YUSEN KAISHA
K. H. KAMEL, Manager.
KISEN KAISHA
YAMASHITA
(THE YAMASHITA S.S. CO. LTD.)
REGULAR FREIGHT & PASSENGER SERVICE
BETWEEN
KEELỦNG, HONGKONG & HAIPHONG.
Sailing from Hongkong.
FOR HAIPHONG via Holhow & Pakhel.
9.8. TAIKWA MARU
FOR KEELUNG via Swatow & Amoy
8.6. "HOZUI MARU"
For further partionlara, blesse apply
Branch Office,
No. 37, Bonham Strand, West
Tel. No. 155.
on or about 29th Sept.
on or about 29th Sept.
M. KOBAYASHI AGENT,
Top Flom, King Baking Tel No. 140.
There is therefore room for improve ment, and when one considers the high terminal charges, it will be seen that eren with freights at the present level, or, les us hope, rather higher than lower, there is & big margin if working costs can reduced. The wages reduction of
be seamen
of about £2 5s, a month has, according to the figures just quoted, effected a sav. ing of nearly a hundred pounds. There is now an agreement with the transport workers, which, though small in itself, mena's a large sum in the aggregate. Coal trimmers have agreed to a reduction of 10 per cents, and, what is of equally great importance, to the easement of the pre- sent working hours for the purpose of finishing tonnage over the week-end. This will save large sums in demurrage, and every saving helps to set business on, its; feet again
SHIPBUILDING COSTS' TOO.
As in shipping so in shipbuilding all hopes are centred on this question, and if the theme is not new to these columus it is because nothing much occupies the thoughts of shipbuilders but this out- standing problem of getting prices some where near the present market value of tonnage Not that anyone hopes to
new ships being built for the
a
Make Shaving a Pleasure
With Cuticura Talcum
After shaving with Cutiqura Soap the Cuticure way, Canicura Takura-is an in- dispensable adjunct. Antheptic and pro- phylactic, it is soothing and refreshing to ibu moet tender skin.
Map La..alman 16. XL.. Cradomes la, Ed. andža, 34. Bas trwowe Zematike Puples. Britlah Depor: 2.M
Cullera Songshares without me-
(33.7
Constipation
the root of many troubles. Be rid of "it! Half a teaspoon- fulof KruschenSalts
· ima tumbier of hot watereverymorning. does away with it. Enough for two months in a bottle
Kruschen Salts
A S. WATOR & Co., Ltd., Sole Agenta for Hona Kong and Southern China,
SEAMEN'S · INSTITUTË
21, PRAYA EAST, HONGKONG.
YOR the use of all Men of the Marcantile
Marine and H.M. Nary.
Reading and Writing Rooms, Billiard Room, Concert Hall, Church. Officers Boom, C.P.O.'s Room Restaurant,
Private Cabins and beda in Dormitories Motor Launch "Davspring."
*
MITSUBISHI SHOJI KAISHA, LTD.. (MITSJEISHI TRAding Co., Ltd.) - COAL, GENERAL IMPORTS AND EXPORTS.
Sold Proprietor of Coal Mines of TAXAJHEN, OCHI, MUTABE, KISELDAT) YOSHINOTAMI, HOJO, NAMAZUTA, SAY. SHI, KANADA, KAMIYAMADA BIBAI & OYUBARI.
Agents for SAKIT Coal.
Head Office: TOKYO."
Branches & Representatives: NAGASAW KABATIU, WAxaxareu, Mori, Ka KOBE, OSAKA, Tauruoa, Nagoyai, Yor: ~ HAMA, Toryo, Hakodate, MUZOJA
OTABU, VLADIVOSTOCK, PEEING,Tianish?" Bailey, Thingtao, Hanzow, Shaxona, HONGKONG, CANTON, MANILA, SINGAPORI Sozzabata, London,`Paris, New Yor & SEATTLE.
Cable Address:-IWASKISAL,
Codes:-Al, A.E.C. 5th Ed., Western Union and Bentley's
`gency_for_The_ Mitsubishi Mering an
Fire Insurance Co.. The Omka Marino Fire Insurano Co,
"For particular apply to-
KUAURA, Manager 14. Pedder Street Bangkons
#9
ton for which one can the few pounds THE U.S. SHIPPING BOARD.
man ships to-day and perhaps American, ships to-morrow but something nearer the pre-war value of a good but cheap cargo boat, which could be opce bought on the North-East Coast round about £8 or £10
a ton.
باد
the
ATTACK IN THE SENATE.
Manila Times, dated Washington, August An Associated Press telegram to the send says:——~·
Charges that operators to whom the thipping board allocated vessels deli- berately preyed upon the board," were made in the Senate yoaterday by Sena tor McCormick (Rep.), of Illinois.
1
Mr. A. B. Gowan, chairman and managing director of Messra. Palmers' Shipbuilding Company, referred to the matter the other day at the trial trip of a new ferry steamer his firma had built. Senator McCormick said it was
their new, yard at Amble, a little north notorious fact that a certain operator of the Tyne, and he was only saying some had ordered a ship 1,600 miles from thing similar to what Sir Alexander Manila and bound for the United States, Kennedy,
of the Shipbuild to return to Manila to receive a cargo. ing few days before. The further reductions at a cost of $12,000 to the shipping board. which the shipbuilders propose, in addi Banator King (Dem.), of Utah, stated tion to the Gs week wages cut, are to that twenty-five per cent of the operat
arbitration the meantime the prices of steel and other ourites, and that the board had refused materials are being closely examined to to sell ships when it had the chance, so Bee which are the best markets in which that it could allocate them to favouriter to buy. The consternation that has found of the board. He declared that Chair public utterance lest a tax be placed on man Laaker of the board should cancel foreign steel shows one direction in which these contracts even if shipping were tied they are looking.
Emplo Presidion had said of coal, on which the operator made $200
up thereby.
INDO-CHINA
STEAM NAVIGATION COMPANY. LIMITED.
· SAILINGS, ` SUBJEÚT TO ALTERATION"
TAIREONET FOLFOW. LOKSANG SHANGHAI & TSINGTAU via SWATOW "HOFSANG BANGKOK
SHANGHAI IN SWATOW
STRAITS & CALCUTTA
SANDAKAN
TIENTSIN
MANILA
KOBE via SHANGHAI
Wed 41 Sept., 8 m Wed, 21st Sept, Noon Thurs, and Sept., Noon. here, 2nd Sept, Noon, ...Thurs., 22nd Sept. 3...
OHUNSANG" HANGSANG" "KUMBANG * YANNIB "CHIFSHING" -Fri, YDENGAN ... Fri. "CHAKSANG *Tues.,
93rd Sept Noon
93d Sept Noon.
23rd Sept. 3.1. 97th Sept., D'light,
CALCUTTA LINE-This Lue afforda regalar sailings to Calcutta, Penang and
Singapore; returning from Calcutta simmers prossed via Straits and Hongkong to Japan, occasionally calling at Shanghai. All steamers bays excellent passenger accommodation, are fitted with Blestris Light and Fans, and carry a fully-qualified"
approximately every five days between Canton and
SHANGHAI LINE: sometimes calling at Swa'ow Through tickets an
be obtained and through Bill of Lading are issued to all Northern and Yangtare Parts via Shanghai. LINE:-A weekly service is maintained with Manila by vessels with good
from both ports every Friday, ekly for passengers
and carro when inducement offers
MANILA
HAIPHONG LINE:-Sailings
BORNEO
Passenger accommodation,
caling at roximately
LINE-Fortnightly sailings to and from Sandakan by two 5,000 lone steamers an. “HINHANG" and 2. "YANNIŞ' both steamers. having
excellent
through Bills of Lading for Kudat, Jesselton, Labuan, Tarso passenger accommodation. Cargo 'taken on and Lahad Datu
TIENTSIN LINE:-A
V
"
servise." is run from March to November" between BANGKOK LINEA weekly servies in provided between Hongkong and Bangkok, via Swatow, by four steamers fitted with up-to-date pawonger sccommodation,
Home and Tientsin, "calling at Weihaiwel and Chefoo
CALCUTTA
1.5.
LINE
KUMSANG" will be despatched on or about Thursday 22nd Sept., at 3 p.m., for SINGAPORE, PENANG & CALCUTTA.
Through Bills of Lading issued to RANGOON, PORT SWET. TENHAM, MADRAS and DUTCH EAST INDIES.
For Freight or Passage apply to-
TELEPHONESNO 215.
Jardine, Matheson & Co., Ltd.}
GLEN
GENERAL MANAGERS.
AND
SHIRE
Joint Service of Steamers.
U.K.-STRAITS. CHINA & JAPAN SERVICE,
Veneci
8.8. "CARNARVONSHIRE
8S "PEMBROKESHIRE
-88. “GLENIFFER"
Yousel
M.V." GLENTARA” MV. GLENA??"
OUTWARDS.
·HOMEWARDS;
Leares Hongkong
144
Dao Hongkong
26th Sept:
20th Oct.
25th Oct.
Discharges
25th Sept Garoa, BOTTERDAM, HAMBURG & HULL.
17th Oct. Genoa, London, Bozteзdam & HAMBURG
Movemania, are subject to obange without notios. For freight or farther particulars please apply to --
Jardine, Matheson & Co., Ltd. The Glen Line, Ltd;,
Telephone No. 215 sub-ex. 23 and 8636.
Cable Address
Kawakiraz, Kobi.
样
Bantley's A.B.C. 5ik ML-
and Bcott's Coders.
KAWASAKI
KISEN
AGENTS.
Telephone Faxnamly
$844 8983.
(KAWASAKI STEAMSHIP CO.,
CAPITAL PAID-UP
KAISHA
Y20,000,000
President: Mr. Y. KAWASAKI. Vice-President: Mr, K. MATSUKATA, Managing Director: Mr. Masaya Aik
The Company has on hand a Large Number of
CARGO STEAMERS
ALWAYS FRADY FOR CHARTERS of all descriptions.
The following are comprised in the Company's Flest
Eleven steamers of 9,100 tons esch deadweight. And wader the Company's Management wi
Twenty stésmera of about 8,100 tons deadweight each. Two steamers of about 6,400 tons deadweight each. (Belonging to the Kawali Doolyard Co., Ltd.)
For Charter Bates and nu other particulars, agély to the
KAWASAKI KISEN KAISHA.
No. 8, Bunn Kos