SECOND-HAND TONNAGE PROBLEMS.
ACTION OF INSURANCE COMPANIES: THE ECONOMIC ASPECT.
DEFINITE PERIOD OF USEFULNESS.
POLICY OF BRITISH SHIPOWNERS.-
[BT SHIPOWNER " IN LLOYD'S LIST"
That there is
THE HONG KONG DAILY PRESS. FRIDAY, AUGUST 19th, 1927.
PASSENGERS.
ARRIVALS.
Per... Mores, from London :-) Mi. A. G. and Mrs. Martin, Mr. | T. Tallon, Miss E. D. Shields, Lt. C. Crawshay, Mr. D. J. Harty, Comdr. and Mrs. J. Figgin, Sub- Lt. R. D. Lonsdale, Mr. T. Fletcher, Mr. J. P. Cotter, Mr. H. Craig, Mr. J. W. Fisher. Mr. P. Wang.
111
CONSIGNEE NOTICES CONSIGNEE NOTICES. HAMBURG-AMERIKA LINIE,
NOTICE TO CONSIGNEES.
PENINSULAR AND ORIENTAL STEAM NAVIGATION. (4 STEAMXE MOREA.“
ARTED HONG KONG ON 18 AUGUST, 1927.
4.
ANTWERP, LONDON, GIBRAL- TAR. MARSEILLES, MALTA, PORTSAID, ADEN, COLO"BO
Best
<
THE DEN LINE STEAMERS, LIMITED.
FCK LEITE, MIDDLESBRO',
ANTWERP. `LONDON
AND STRAITS.
The Steamship "BENALDER”
NONSIGNEES of Cargo are hereby
ferd that in Goods are being landad 'at their risk into tha hasardous and/or extra hasardons Godowns of the Home Kono D KOWLOON WHY AND GODOWY COMPANY, LTD., whence, and/or obtained. from the wharves Delivery may be
· No Claims will be admitted after the Goods are left the Godowns, and all Goods remaining undelivered after the 23. instant, will be subject to Bant,
be
All Claims against the Steamer must. before the 6th September, 1997, or they presented to the Undersigned on or will not be recognised,
All brokan, chafed and damaged Goodla are to be left in the Godowns, where
to thy wil he stamined on the 23rd
No Fire Insursace will be affected by
say case whatever. Godowns for examination by the Don- Damaged Packages must be left in the signees, and the Company's Surreyors, Messrs. GOOPLES & DOCOLas, at 10 am,
Mr. O. G. and Mrs. Beynon and two infants, Mr. J. Atkins, Lt. C. T-Evans, LL-Col. L. Lampen, Marine FA Higgs, Mr. C. R.
J STRAITS, Tanner, Mr. A. Chalmers, Mr. S. G. Gazeley, Mr. D. C. Lewis, Mr. very large likely to be buyers rather than sel J. King, ir. J. McPhee, Lt. Col.
MONSIGNEES of Cargo by the above, amount of old tonnage afloat has lers. The reason for this is not. F. S. Cooper, Mr. G. Ansell. Mr. that their Goods are being landed and maxred Vegael are hereby informed been emphasised by the action of difficult to find. There has recent.A S. Arm, Mr. S. G. Prisnall, Br.
placed AV TEXES Rx in the Hong Kong J. N. Richards, Mr. H. P. Kernick, and Kowloon the insurance firms in tighteningly been an improvement in the Lt.-Comur.
Wharf and Godown E. Berthon, Rev. Company Go
Godowns st Kowloon, where up premiums on cargo shipped in number of veals building, but Dorothy, Mr. H. and Mrs. Paulsch Consignment will be sorted out old vesesls. Although this has been from all accounts the improvement Mr. J. Tinsley, M. Kosloff, Mr. Mark by Mark and Delivery can be most noticeable on the Pinte mar has so far been only temporary, Mr. T. A. Spedding, Mr. W. A.
H. H. and Mrs. Nash, Mr. O. Chen, obtained as the Goods are landed,
Optional Goods will be landed here ket, the same state of affairs has and after the present reels are Stewart. Mr. and Mrs. Hubert unless Instructions have been given to applied in the Montreal grain and completed the autumn prospects of and infant, Mr. Chias, Comdr. C. the contrary Six hours before arrival of
the Steamer. other markets. Taking the River the various yards are none too Booth, Mr. E. M. Schulesser, Mr. James, Mr. P. R. Khan, H. R. C.
Goods not cleared within 8 days, Plate as an example, while rates good. Whether owners have been thith Schlach Lending date of arrival, will be subject of freight were something over 271. right in building is a matter for Col. W. Whyte, Mr. and Mrs., to 998. Lorenzo/U.K.C., the deda: debate, but there are a good maay Whyte, Mr. H. R. Mrs. Masters, Shem and infant, Mrs. W. "H. tion of from 3d to 6d. a ton owners who would prefer two good Mr. T. H. Man, Mr. S. H. Clark, the freight to pay for the extra in secondhand economical vessels to a Miss Olson. Mr. A. Pike, Mr. J. surance demanded on account of a new boat. Taking the price of a T. Williamson, Mr. L. Y. Shang, Middleton, Mr. R. J. McNeill, Mr. vessel's age was not sufficient to new vessel of 8,000 tons deadweight Mr. L. Yan Po. Mrs. G. Stevens, debar such a vessel from competingai £0 a ton, the cost would work M, P. R. Austin, Misa C. Phin on the market with more modern out at £72,000. To be profitable Chin, Mr. Fu H. Kuang, Mr. T T Chin, diss T. Ng May, Mr. L. Y tonnage, but with the sudden col-she would have to return 10 per Waung, Mr. C. K. Mr. C. Yang, lapse of the market and rates down cent. on the capital invested, & per Mr. L. W. Shiong, Mr. B. MS. 5. and Mrs. to 20s. the position must be very cent. for depreciation and survey,
do Nie, Mr. C. Cre. Mr. G. B. Cheek, Mr. K., Y. different. That er d. to etc., and 5 per cent. net profit, or, Tang, Mr. H. S. Pan, Mr. C. E. 25 for a ballast trip can leave in other words, £7,200 per annum Ling," Mr. K. H. Ling, Mr. K. H. anything substantial in the way of Assuming that a vessel can
Mra. M. D. Lee, Mr. L. C. Hye, COM- profit is to be doubted, and when piste three River Plate round vor Spiers, Mr. C. B. Hewes, Col. Hen-
Phay, BLC. Seng, Miss II. L it is subject to reductions, owners
ages in a year, and basing rates slowe, and Mr. E. Just. at about 33% or 243. homeward * of old tonnage have serious, cause from Lorenzo, and say 138. out- for reflection, especially if they ward with coals, it will be seen consider the amount of new ton that the achievement is somewhat CONSIGNEE NOTICES. nage now on the stocks and build ing which will be in commission by the autumn and competing in the River Plate and other market.
The Boom Period.
at a lower value must on figures difficult. The secondhand steamer prove to be more economic.
Surplus Of Ships,
"GLEN" LINE, LIMITED.
NOTICE TO CONSIGNEES,
"FROM UNITED KINGDOM VIL POBTS.
Gooda
Motor Vessel
not
"GLENAPP"
Free Storage сп Mondays and
and Thursdays, within the period
All Claims against the Steamer must before 7th September, 1927, or they will be presented to the Undersigned on or not be recognized. Goods has left the Godowns HACKINNON, MACKENZIE & CO.
Agents
"No Claims will be admitted after tha
Hong Kong, 18th Aug, 1927. |1230
NOTICE TO CONSTONEES. PENINSULAR AND ORIENTAL STEAM NAVIGATION CO'S STEAMER KIDDERPORE".
ARRIVED HONG KONG or
17tx AUGUST, 1927.
FROM BOMBAY, COLOMBO AND STRAITS
น
YONSIGNEES Cars-naaed Vessel are hereby in of Cargo by the
%
formed that their Goods are being inded, Kong and Kowloon Wharf and Godowa and placed a rumus as in the Houg Company's Godowns at Kowloon, where aach Consignment will be sorted on Mark by Mark and Delivery can be obtained as the Goods are landed, the
Thir vessel brings on Cargo from
Optional
The value of secondhand tonnage is, of course, based on its earning During the war and in the boom capacity as a running concern, but period alter the war there was once tonnage reaches something stureity of tonnage, and prices over 20 years old, it can hardly
be considered a business proposi soared to levels so high thut my tion by a progressive owner. There buyers, especially the smaller årms, became possessors of old tonnage
are a good many vessels afloat bor at values which have proved able dering on the 20 years, and a good to wipe off the large depreciation. maay well over twenty. There are That they have earned money for running to the detriment of newer their owners over the whole period tonnage. With such vessels still Godown Company, Limited, whence Persian Gulf ex·B.I.SN. and B & PS.N. is probably true, bat whether the trading, and with quite a large and/or from the wharves, Delivery xasy Co.'s Steamers will be landed here i prcft has been in all cases su-fleet of new ships shortly due on the seas, it certainly looks as if cient to wipe off the large deprecia- there would be more tonnage than tion caused by the increased 60 the world requires. No doubt the of the vessel, and the fall in values policy of the British owner in re is more than doubtful. A vessel of eight or ten years old was connewing his feet and getting rid sidered a very valuable asset in, of his old tonnage is a sound one say, 1919 or 1920, but her value-to on the whole, but it must be re- day, with lacressed age and the membered that this old tonnage has drop in values, is a totally different matter. It is this cor- inous difference in prices with which the owner is faced, and it is not to be wondered at that he puts off the inevitable day when his steamer has to be sold for scrap, his capital becomes reduced by the
bean and is for the most part be ing sold to foreigners to compete with the newer British tonnage what can only be described as un- equal terms.
Under their new
ownerships, the insured values are cut down, and the running costs, expenses, and wages are below the stroke of a pen to a minimum, and which the vessels are so often British scale. The draught to the question of replacement be comes indeed a problem. The in- loaded, and the conditions and re- evitable, however, cannot be put off gulations under which they are for all time, and this fact is run, are such that the foreigner can afford to forfeit bis-reduction brought home far more to the British owner than to the for in freight on the cargo for insur- eigner. There comes a time when ance, and to cut freight rates to the decided diandvantage of the During the war,
n vessel, on account of her age and British owner. upkeep, is no longer an economie proposition. The Board of Trade and for a short period after the Regulations, the Periodical Sur- War, there were regulations pro- veys and the Factory Acts involve hibiting the sale of tonnage to an enormous expense in renewals foreign Bags without Government and upkeep year by year. Tha sanction. Government interference. they are necessary for the protes but the regulations at least made is the last thing to be sought for, tion of life and property is noti denied, but their incidence is oer Noah's Arks" until they were the British owner run his own tainly more severe in this country than in most.
no longer moneymaking concerns, and this enabled him to keep New Or Secondhand 7.
greater measure of control on mar- That there is a good demand for kete and to protect his newer ton- secondhand tonnage is shown by nage. He might now do well to the high prices being paid and such give more serious thought to the tonnage is scarce, especially the sale of his old tonnage, and at- really good vessels, and is in the tempt to devise some method of hands of strong owners who are | self-protection.
"HARBOUR ITEMS.
LATE SHIPPING NEWS.
SUICIDE, DERELICTS,
TYPHOON.
On the arrival of the I Hai Hong (Douglas steamer) from Foo- chow and Swatow, yesterday, the master reported to the Harbour" Office that during the voyage from Foochow to Amoy there were vari- able winds, and a smooth sca. Amoy was left on August 15th, and Until further notice steamers 'ar- the ship had to anchor in the outer riving from Swatow having on barbour until the typhoon bad board more than thirty through entered the const. From Amoy to passengers will work cargo in quar Hong Kong there were variable antine as a precautionary reason. winds. The steamer brought 500 This was done by the se. Fun' deck passengers, including in this Overstraten on her arrival in port number 341 men and 91 wamen here..
Arriving from London vid porta Quarantine restrictions have been "yesterday, the P.&O... Morea imposed against arrivals from frem Home mail, dated, Landon, July 21st, and parcels of a week earlier. The Marea sailed North. with Home and Europe mail via
Holbow on account of cholera.
On arrival of the La Hong Hus Siberia yesterday afternoon. This from Singapore yesterday, the Master reported that there was one morning the P & O. s. BamaŢ- suicide
pindi is due from North with Home among the deck passenger and Europe mail vid. Siberia. (This during the trip. By what means is vessel was in Hong Kong not long not stated. The Hong Hwd brought go and was then described as one 973 Asiatic deck passengers, of whom 772 were men, 92 women, en of the crack P. & O. libera). She sails to-morrow at noon, taking the boys and do girls.
outward Home and Europe mail vid Marseilles The forca brought During the voyage of the City of here 234 bags of mail, included in Glamor (British) from Yokobama which were 100 bags of letters and and Keelung to Hong Kong, three papers from the United Kingdom, Japanese were picked up from a She also discharged here 100 London water logged junk.
parcels.
W.Os
Consignees of Cargo by her are hereby having arrived from the shove ports, informed that all Goods are being landed at their risk into the hazardous and/or extra hazardou Godowns of the Bong Kong and Kowloon Wharf and
be obtained
cleared by the 25th August, instructions have been given to 1987, at Noon, will be subject to Bont
All broken, chafed and damaged the contrary Six hours before arrival of Packages are to be left in the Godowns, the Staser
Goods not cleared within 8 days, ini- where they will be examined in the
Mestar cluding of arrival will be subject to presence of Consignees Goddard & Douglas on 24th August Rent
against 1987 at 10 Le Tessel including these for Cargo shorts delivered must b be presented on the Special Form provided, and must also be submitted within 30 days of arrival. otherwise they will not be recognised
No Fire Insurance will be effected by
in any case wiebsver.
Claims
Bills of Lading will be countermgned by JARDINE, MATHESON & Co., La, Hong Kong, 19th Aug, 1927. [5732
Agenta.
MARTIN'S
APIOL & STEEL Sureandcertain for all Female complaints.Every lady should keep a box in the house.
Chemists and Stores sell them throughout the world,
Proprietor MAKTIR, Chemist, "Southampton, England.
He Fire Insurance will be effected by
any case whatever, Damaged Packages must be left in the Godawas for examination by the Consignees, and the Company's surveyors MEER. GODDARD & Douglas 6 10 am. on Mondays and Thursdays, within the Free Storage period.
instant, si 10.
No Fire Insurance has been affected. Bill of Lading will be countersigned by GIBB, LIVINGSTON & Co. LTD.,
Agenta.
Hong Kong, 16th Aug., 1927. [3226
HAMBURG-AMERIKA LINIE,
NOTICE TO CONSIGNEES.
Steamship
TON BABYER" having arrived. Consignees of Cargo are hereby notified that their Goods are being landed and placed at their risk in the Hong Kong Kowloon What & Godowa Company's godowns at Kowloon, where Delivery can be obtained as the Goods are handed.
Notica has been given prior to Steamer's Optional Cargo will be landed, unless
arrival.
No Claims will be admitted after the Goods have left the Godowns, and sli Goods remaining undelivered after the Med Aagant, 1997, will be subject to Beat
All broken, chafed and damaged Goods are to be
to be left in the Godowns, where they will be examined on 19th August, 1927, t Geddard and Douglas. 10 sm by our Surveyors, Messre,
All Claims must reach us before, the recognized 29th August, 1923, or they will not be
No Fire Insurance will be effected. Bills of Lading will countersigned by the Undersigned.
JEBSEN & CO.,
Agcats. Hong Kong, 15th Aug., 1927. [5991
NORDDEUTSCHER LLOYD, BREMEN.
-ANHALT".
INCLUDING
HUGO STINNES LINTE
COMBINED TRRIGHT AND PASSENGER BEB VIOR CABIN CLASS ACCOMMODATION FOR 50 PASSENGERS.. FARE FROM HONG KONG TO GENOA~£73, 06, 0d.
OUTWARD.
Sailings from Europe for Shanghai and Northern Ports
9.8. "BAARLAND" (JAL) - ... 9.S. EMIL KIRDORF ~ (H.St.L.) 9.8 "RESSEN“ (BAL) ... 5.8, SACHSEN” (HSLL)
dus here on or about the 99th Áng. due here on or about the 17th Sept. due here on or about the 27th Sept. dag here on or about the 19th Oct,
88. PREUSSEN” (B.A‚L)............... ........ due here on or about the 25th Cet. HOMEWARD.
Sailings for Europe via Manila, Singapore,
Colombo & Port Said -
* M.V.“ KUENSTERLAND ”
(H.St.L.)... sailing from here on or about the 27th Aug. † 9.8. "OLDENBURG" (B.A.L.) sailing from here on or about the 9th Sept IS.8. “ADOLF VON HAEYER”
(H.St.L..)... sailing from hare on or about the 21st Sept. 18.8. "SAARLAND" (HA.L) ... sailing from here on or about the 1st Oct 1.9. "EMIL KIRDORF" (H.SLL) sailing from here on or about the 2nd Oct.. SS. HESSEN” (EAL).............. sailing from here on or about the 1st Nov. 8.8. "BACHSEN" (E.SEL.) ...sailing from here on or about the 15th Nov. * Calling at Marseilles, Rotterdam and Hamberg.
↑ Calling at Gencs, Rotterdam and Hamburg.
61]
„For Freight, Fassage and further Particulars please apply to
JEBSEN & CO.
12, Pedder Street.
Tol, C. 2225. Tel 0. 4754
JAVA-CHINA-JAPAN
JCJL
York Building
Hanglamp.
LIJN.
Tel. Addres
JAVALYN
Tel. Central 1574
SEGLAN FORNIGHT SERVICE BETWEEN JAVA, CHINA AND JAPAN.
STRAMENE
EXPECTED WILL
OY OR LEAVE ON ABOUT
FROM
QE ABOUT
-JAVA SHANGHAI
In Port
H
29th --31st- 81st
Fox
BATAVIA
SWATOW & SAIGON
ANOY, SHANGHAI
BATAVIA
BATAVIA 4th Sept 8th Sept. SHANGRA
Kzowa. 6th
| GORJISTAN TJISAROEA
In Port Sat Aug. Maxaman & Java TJIKEMBANG BATAVIA 21st Aug. 23rd." SHANGHAI TJIBONDARI ... S'HAL, K’Luxe. 23rd`, 25th TIIPANAS JAVA, MAKASSAR
27th & MANILA THE Steamer baving arrived from BREMEN; HAM. TJITAROEM JAVA, MAKASSAR 29th ...N. C. & AMOT | 29th ate hereby notified that their Cargo is BURG and Forts, Consignees of Carge TJISALAK being landed at their risk into the Go. downs of the Hong Kong & Kowloon Wharf | Godowa Co., Ltd, Kowloon, where Dolinary can be obtaine
All Goods remaining undelivered after before 6th September, 1927, or they will the 22nd of August, 1927, will be subject No Fire Insurance will be effected by
any caso whatever.
be
All Claims against the Steamer must the Undersigned on or presented
not be recognised.
No Claims will be admitted after the Goods have left the GodowIL. MACKINNON, MACKENZIE & Co.
Agents. Hong Kong, 17th Aug., 1927. [1228
OVER HALF A CINTURY ROPOSA DION PILLE FOIL "THE
OR LECLERC'S UVER I DIDNEYI:
Lavazzania for Dusseran of than Extroseansi.) Dakar, Grays, Basalts, Gys, BÆRELATIE, 1. PRZEM Leading Osmanen, vm 200 Pasi JK. Lakkame Man, Co., Hayastach St W,W.|
DLE CLERC'S
VAJO: VER, APERIENTA OB LECLERC'S ANAGRIA, Fries $1
FILLS FOR
CAFE AKO KASALIGE FOR. LATER AGACHING, DRALE GLEXCI (GAM 14, or 5 Zabi 13.
to Reat
13
Godown for examination by the Con- Damaged Fackages must be left in the signees and the Company's Surveyors, Mesra, Anderson & Ashe at 10 min, on the 18th of
No Ulingust, 1927,
will be admitted after the Goods have left the Godown sad ali Claims must be presented within Two Werks of the Ship's arrival here, after which date they will not be recognised.
Consignees are requested to surrender their Bills of Lading to the Undersigned for countersignature.
MELCHERS & CO.
Agents, NORDDEUTICHES LLOYD, BREMEN, Hong Kong, 15th Aug., 1927. (3220
THE HONGKONG & WHAMPOA DOCK
COMPANY,
LIMITED.
TELEGRAPHIC ADDRESS "MANIFESTO," 'HONG KONG,
Cons Used A1, A.B.O. FRE-Edition ↑ Engineering: First and Second Editiora . Werbern Union and Walkin's "Benson's Marconi,
Dock Owners, Ship Builders, Marine and Land Engineers, Boiler Makers, Iron and-
Brass Founders, Forde Masters, Electricians.
S.S.
CHANGTE.”
DILT AND EXPIED AT ROWLOON DOCES DY THE HONG KONG & WHAMPOA DOCK DO. LTD, TO SUE ÜRDER OF THE AUSTRALIAN ORIENTAL LINE, IND, ER AUSTRALIAN-HUNGI KONG BRAYICH2. Please address enquiries to the Chief Managor,
R. M. DIEB, BSc, MINA, Kowloon Dock, Horg- Koka.
144
A 12th N. C. & AMOY 12th
·BATAVIA
18th
TJIMANOEK TJISAROFA TJIKARANG TJIKINI ......JAYA, MAKasar 26th
P
8th
14th
14th
2nd
S'HAL KLUNG 20th # and
Wirelem Telegraphy...
28th
BARAVIA
AXOY &N. CEMA Maxamax'& Java:
BHANGELI
BATAVIA
'AMUT & N. CHA
The steamers are all atted throughout with Electric Light and have accommodate for a finited number of saloon Passengers. All steamers carry a duly qualified surgeon Cargo taken at through rates to all ports in.. Netherlands India and Australia..
10]
For Particulars of Freight and Passage, apply to the
JAVA-CHINA-JAPAN LIJN.
THE EAST ASIATIC CO., LTD.
COPENHAGEN.
The M.S. "ASIA"
will be loading for ROTTERDAM, HAMBURG, COPENHAGEN
and other SCANDINAVIAN POETS On or about 10th October,
Further
Sailinge
M.S. "Java"
M.S" Asia"
MLS. "Afrika"
Expected on Wil leave homeward-bound
or about
on or about
23rd August
9th September 10th October, 1927 20th October
Subject to change without notice. For further particulars, please apply to —
411
JOHN MANNERS & CO., LTD.
Agenta.
WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.
BLOOD
VETARZO MEDICINE
Never before was there saything like it, nor are its marvellous properties
likely ever to be equalled in disenses arising from impure blood: It seST-
ahes out and expels from the vital current every lurking trace of poison. sus matter, caring blood and skin diseases, serafulani and gisadular rrellings, bad legs, owocases, ulcers, eczema, gout, rheumatim, goitra or Derbyshire Neck, etc. It improves the general health and quickly removes long-standing bronchitis, methms and hacking, straining,
spasmodis cough, too often the precursor of con
consumption. LIFE WITHOUT HEALTH IS LIVING DHATHL
BRAIN AND NERVE FOOD.
VETARZO For Barrons Breakdown and
VETARZO REGULATORS, Bafe and Reliable, English Price 3s. (either remedy). The VETARZO REMEDIES.CO. Gospel Oak, NAW8, London, Eng Unprinsipled Dealers may try to sel.fvou"something else for extas profif-e-do not neopt it. Inafat on baring VETARIO. The grades has words “VETARZO REMEDICA" is Government &tamp, Bold by LaDING CASH CHEMINTE SEA
FOR DIRECT,
PARIZINATION RA
IZCUALES
ENGLISH
PODOS
TENDER ARM
CE, KKickx, 19, QUAI VAN DTOL, ÅREWERY
P
T