CANADIAN NATIONAL RAILWAYS
THE HONGKONG DAILY "PRESS, THURSDAY, DECEMBER 25TH, 18
TRAVEL via CANADA to EUROPE.
"The New Route of CANADIAN NATIONAL
RAILWAYS offer excellent service with moderate- rates.
Daily trains-VANCOUVER to MONTREAL. Highest Rocky Mountain Peaks viewed en route. Complete information and illustrated Booklets. supplied on request.
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CANADIAN NATIONAL RAILWAYS. Asiatic Building, Queen's Rd. C..
SOUTH
MANCHURIA
Phone C. 2004.
RAILWAY
Orxlating all LINKA IN SOUTH Manchuria axy Choirs (Kozza) East os MuYDEN.
SUMMER HOLIDAY
shildren
L
LOST" TONNAGE,
HANDICAP OF USELESS SHIPS.
10 anew
SHIPPING MOVEMENTS.
The P. O. as. Khira left Shanghai for this port on the 23rd just, at 4 p.m., and is due hero on the 28th inst. at about
11:11.
The MM. 8. Porthos, which left Hongkong on November sth, arrived at Marseilles on December 13th.) pean passenger line), left Singapore for The N.Y.K., Haruna Maru (Euro- Hongkong on December rd, and is ex- pected her on December 28th, in the
Hakasaki Maru The N.Y.K. 5.& (European passenger line), left Moji ter Hongkong ei Shanghai, on December 23rd, and is expected here on December
th
Some figures given is the report of Lloyd's. Begister of Shipping draw attention'
a subject of great interest to shipbuilders as well as shipowners-the surplus of out-of-date and anvconomical textape which exisis all over the world. Of this surplus afternoon.
The NYK. s. Kangoma Mara (Bom- large proportion is laid up, and so shay line), left Kols for Hongkous, eid rot really competing for employment. Moji ou December 23rd. and is expected Yet there are in active service many here on January 1st. versels which cannot be operated econo mically urder present-day conditions and new being operated only because their losses on servies are less than the cost of keeping them laid up, or, because their owners look upen them as units
The N.Y.K. 出 Yammigata Maru in their fleets, which must be kept in (Calcutta line), left Kabe for Hongkong their places so long as the fleets pay and Moji on December 22nd, and is ex- urtil there is such a decrease in the cost pected here on December 20th. of new construction, as will permit of tärir replacement by vessels of, newer types. Their continued existence means, that they are really doing much to pre vent just that revival in trade which would bring about their own relegation. to the scrap hrap and would call, for the building of vessels of "present day designs. They are handicapping ship ping and shipbuilding greatly, and the best-policy of owners with regard to them would be one of drastic dismantling and breaking up.
POLICY. OF SCRAPRINO.
The Murypylas (Blas Funnel Line), left Liverpool on the 20th ins:
INDO-CHINA
14
STEAM NAVIGATION COMPANY, LIMITED.
SAILINGS SUBJECT TO ALTERATION,
SHANGHAI vis SWATOW SANDAKAN MANILA
BANGKOK via SWATOW TSINGTAU via SWATOW
SHANGHAI TIENTSIN via SWATOW
SHANGHAI NGANGHAI SWATOW TSINGTAU via SWATOW
BHANGHAI SHANGHAI TA'SWATOW YOKOHAMA vs AMOY,
MOJI KORE STRAITS & CALCUTTA STRAITS & CALCUTTA
. է
"FAUSANG* ...Friday, 26th Dec., TAR Baturday, 17th Des., Moon
"MAUSANG"
*BUISANG"
HY
"OHAKBANG"
"WAISHING"
“O'RIPSHING ► vi “ TUNG JEING"
." FOOSTING"
Saturday, 17th Doo, I pulle
28th Dec, 7am."
Sunday,
...Sunday,
Monday, Tuerla
28th Dec, 7 ae
10th Doc. 7 8.3.
·30th Dea, 7am
Wednesday, 31st Doon 7 ...Friday:
"YATSEING'
"FOOKSANG" Friday,
Tad Jan. 7 p.,
2nd Jan, Nows
20th Jan Spum
"BARRYMORE" Wednesday, 14th Jan, - 3 pum.
"LAISANG" ...Tuesday,
140
EVERY TAREE DAYS
REGULAR SAILINGS ARE MAINTAINED AS FOLLOWS 200 CALCUTTA HONGKONG-JAPAN LINE EVERY TEN DAYS SHANGRAI-HONGKONG LINE HONGKONG MANILA LINE HONGKONGHAIPHONG LINE HONGKONG-TIENISIN LINE HONGKONG-BANGKOK LINE
for Singapore, Hongkong and Shangary HONGKONG-BORNEO LINE and is due here on or about
oth
The 3. Slavia Prince, from New York, sails from Shanghai on the 95źb inst, and is expected to arrive here on the 28th frst.
VISSELS EXPECTED.
Atreno (Blue Funnel), dus January 8th Empress of Basin, due January 9th Kalyan (P & O.), due December 27th,
10 a.m.
Veriones (Blue Funnel), due--January
10th.
President Grant (Admiral Oriental) due,
from Manila, December 7th. 7 a.m. President Harrison (Dollar), die Jan.
5th.
That this policy is now being favour ed by owners is evident from the figures: Konu Maru (N.Y.K.), due January 13th. to which reference has been made. Dur-Knight Compandan (Blay Funnel), due ing the year ending with June, there January 21st were dismantled or broken up all over the world some 500 vessels, of about 1.250,000 tons. The tonnage was exactly double that dismantled or broken up SOUTH MARCHURIA AND ́UHOSEN Jauring the previnos 12 months, and is
probably explained largely (though this is not stated) by the consignment to Prefident Madison (Admica) (Oriental), the scrap heap of mary of the emergency u December 31st. vessels built in America during the war, Previent Fan Buren (Dollar), due Jan; and since found to be of no commercial volu In no country other than the | Simlin (P. &.0.), due December 29th, 6 United States has it been found reps.
19th.
p.m.
13ch
BESORTS
EOSRIGAURA.-Finset Beastde Bammer Holiday Resort in North China, Fire, milt from Dairen but connected with the city by special motor andcarriage road and electal iramway Yamato Hotel (35 rooms) and is furnished bungalowsin charming elif gardes Bathing Boating, Fishing, Golf, Tennis, Billards, Orchestra twice a weak. Capital place OGONDAL Host beautiful and select Beside Resort in the Far East. Two milesfrom Fon
Arthar. Formerly the Summer Resort of the high Russian ofcors and oficials. Yamste "sary to adopt a wholesal policy of serap Tyniareus (Blue Funnel), due January Hotel and to villas and bungalows, mostly with detached servant quarters. Ezoallenting with respect to fussels built during
Wonderful Scenery, Historis Battlefelde, Bained and Diamantled Forts Miles & Bathing, sharming Walks and Drives Abundant Pionicing Facilities. Orchestra twins a wash Best place for high-claur familien. PORT ARTHUR-Famous for its two memorable Sieges and it bountiful landlocked Harbour, Exactly one hour's journey Dairen by express train. Yamato Hotel (16 rooms: Samficient place of
historioal and oic interest to All a month with a fresh walk or krin every day. Most healthy and malubrious spot in as Far East. KONGOSAN, The famous Diamond Mountain of Korea. A special Summer Bosor rivailing Switzerland for climate and scenery. Beautiful peaks and charming mande Grand recuperative alities. Kongon Hotel (10 rooms) at Caseiri and Chonji Hotel workmanship, and were hurriedly (11 roomia) Cho zari.
All under the direct management of the SOUTH MANCHURIA RAILWAY CO. Elustrated Booklets and all Information post free on request.
Applications may be sent to the Hotel Managers at the various resorts or to
THE SUPERINTENDENT OF HOTELS, Trafic Department. Cable: Add : MaWERTST.
SOUTH MANCHURIA 'RAILWAY, Dairen. Code A.B.C. 5th Ed. Al. Liebera
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BRAIN AND NERVE FOOD.
VETARZO-REGULATORS, -Bale and Reliable,
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VEIARZO REMEDIES" oz Government Stamp, Sold by Lamadino Canis OHRMISTA,|
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The Convenient Route to Europe
S
ALL from Manila to Seattle or San Francisco
cross America by rail and sail from New York
to Europe via the United States Lines. Investigate this new last route to Europe today--special through rates. Through reservations.
"UNITED STATES LINES Agents ADMIRAL ORIENTAL LINE 4 Den Voux Rd, Hong Kong PACIFIC MAIL STEAMSHIP COMPANY Queens Balking. Hong Kong
AMERICAN EXPRESS COMPANY
., 4A. Des Voeux Rd., Central Hong Kong
THOS, COOK & SON, Des Voeux Rd, Hong Kong AGENCIES IN PRINCIPAL CITIES
Managing Operators for U. S. SHIPPING BOARD)
the war, as everywhere else the tonnage produced was of permanently good, ger viceable types, ret perhaps specialized for particular trades, but quite capable of carrying on effective in many general cargo services after being more or less adapted and altered internally. The majority of the American steel vessels, on the other hand, were "of poor design
built, while the wooden vessels were never of any trailing value whatever,
In addition to the 300 vessels, purpose
ly withdrawn from nominal activity:dur- ing the year. 401. of 500,595 tons, were lost, so that the total deduction from the world's mercantile feet consisted of 931 vesurls, of 1.850,594 tons. In normal, pre-war times these would have been very high figures. It is difficulty indeed to imagine eircumstances in which mich figures would have been possible, as never before the war was there such an enor. mously large surplus of unemployable tonnage, as there has been for about five years back If, however, over 1,750,000' tops had disappeared within 12 months. 03.2 inevitable result would have been a great demand for new vessels to take. the places of those which had been lost, dismantled, or broken. up; and all the shipyards of all the mari time countries would have been working at fever heat to make good the deficiency in the different mercantile marines. present there is no special shipbuilding activity anywhere, cast of all in Ame rica, so that the very large amount of tonnage deducted is evidently hardly missed at all. At any rate. very little of it requires to be replaced, as its owners have not so far embarked on any general policy of ordering new vessels."
SURPLUS CAREVING CAPACITY.
At
The explanation is to be found in an- other set of figures. Notwithstanding this removal of more than 1 millions of tons of shipping, the mercantile fleets of the world are still larger by about 15,000,000 tons than they were in 1914. That is the real handicap on a revival in. shipping and shipbuilding. It is no doubt true, the compilers of Lloyd's Register figures suggest, that a large proportion of this tonnage is laid up, and is unlikely ever to seek successfully for profitable employment. It may also be true that when a real revival in world trade does come many vessels now" on service will be found to be uneconomien), and will have to be, dismantled, broken up or laid up. But all this does not alter the fact that while oversens ship ping is a less profitable proposition than
it was in 1014, there are still in exist ence vessels representing 15,000,000 toas more than there were than.
There is still an chormous surplus of carrying capacity, and to master though a large proportion of it is uneconomical its very existence is a burden on the ship ping and shipbuilding industries, and relief can only be found in a drastic policy of scrapping. It is so far satis factory that the tonnage ecrapped Trat year was double that of the previous year, but the most recent figures could quite well be quadrupled during the cur- rent year, without indeed causing any disadvantage to shipping or creating any rush on the shipyards for new vessels. Sucb a policy will require more courage than the great majority of shipowners have yet exhibited. They have been tem- porizing for years, carrying on with old vessels in the hope that the tide of trade would turn so that these vessels would earn dividends sufficient to pay for more modern ships-in short, waiting -some- thing to turn up. If they had, neopted: scrapping as a definite policy years ago. they would have had to ent a certain amount of lesson, but they would havo beer better off now; they would have had modern vessels, and, the shipyards would not have had such lean times as those through which they have passed.
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BEECHAM'S PILLS
For Freight or Pasange, apply to-
EVERY SATURDAY From Born Para
EVERY SUNDAY From Born Po EVERY FORTNIGHT
EVERY FORTNIGET
EVERY WEEK
JARDINE, MATHESON & CO., LTD.,
GENERAL MANAGERS,
TELEPHONE CENTRAL No. 915,
GLEN
AND SHIRE
JOINT SERVIÓB OF STEAMERS,
O.K-STRAITS, CHINA & JAPAN SERVICE
OUTWARDS.
HOMEWARDS.
Vesool~ Leave Bong. Distkagrud Das Hongkong. "CARNARVONSHIRE 1st Jan, Londen, Rotterdam & Hamburg via Oraus.
GLENTARA”
Rotterdam
Versal,
"GLENBEQ * *GLENBHIEL “
25th Dos.
7th JAG.
London
FENBROKESHIRE”
12ad Jes
GLENBEG
MI
5th Feb,
London, Botterdam
13th Feb.
"GLENSHIEL“
*GLENIFFER "OLSKOGLE“
London, Rotterdam
Moremonta are subject to change withasi zeties,
For Freight or further Particulars, plenas sppły town
A
23rd Jan.
and Hamberg.
15
1st Feb.
Hamburg. 15th Feb
Hamburg
JARDINE, MATHESON & 00, LTD., THE GLEN LINE, LTD., AGENTS, Telephones : Central No. 915 imber. 23, and Central #593.
ASAHI BEER
SPECIALLY HEEWED FOR EXPORT
QAI NIPPON BREWERY CO.
LIMITED.
TOKYO JAPAN
JOLE AGENTH
MITSUI BUSSAN KAISHA LTD:
BONGKONG.
The HONGKONG & WHAMPOA DOCK Co. Ltd.
TELEGRAPHIC ADDRESS: MANIFESTO,” HONGKONG,
CODES USED A1, A.B.C. Fifth Edition; Engineering: First and Second Edition
Wastern Union and Watkins,
Dock Owners, Ship Builders, Marine andĮLand Engineers, Boiler]Makert,
«Iron, and Brais Founders, Forgo"Masters, Electricians.
Steel Twin-Screw Ocean-going Tug and Salvage Steamer
Henry
Keswick
Built, angined and equipped complets by The Hongkong Whampoa Dock Co., Ltd., Hongkong for Khala service, 1981. Length 188 B.P. Breadth 84 (m) Depth 17 (m) LEP. 2000. Fitted with alertrickly Penál submersible and contrifugal pumpe, air comprasser, wireless, son, shlight and all modern applisuose foc lalaga
Faseaddress enquiries to the Chief Manager
R MADER; B,56. MINA IswLoor Dock....- Hoverava