HONG KONG DAILY PRESS, WEDNESDAY, JANUARY 7, 1931.
ADVERTISEMENTS. MAJOR KENWORTHY P. & O. COMPANY'S ANNUAL MEETING.
THE CHINESE ENGINEERING
DAY
AND MINING Co, LTD.
FIRST MORTGAGE DEBEN- TURES (KAILAN BONDS).
EIGHTEENTH DRAWING.
at the
NOTION IS HEREBY GIVEN that, in conformity with the conditions endorsed upon the Deben- tures, the undermentioned 'Numbers of Debentures of the total valus of £24,000 were drawn on the FIFTH
OF NOVEMBER, 1030, Offices of the Company, No. 3, London Wall Buildings, in the City of London, in the presence of WALTON FITZJAMES TURNER, one of the Directors, ALFRED WILLIAM BERRY, Sceretary of the Company and NICASIO ROBERT JAURALDE, of 0, Bishopsgate, London, E.C., Notary Public.
The said Debentures will be paid off at Par on the 31st DECEMBER, 1930, at either of the following places
IN LONDON: At the Offices of the
Company, No. 3, London Wall Building, E.C.2; IN BRUSSELS: At the Offices of the
Local Board, 13, rue Brédé
rode, Brussela; IN CHINA: At the General Offices of the Company, Ticntain.
5 Bonds of £600 Each, Numbered!
61 84 90 173
3100
ACQUITTED.
WIFE'S SOLICITUDE FOR
DEAF HUSBAND.
Mr. Justice Branson asked queR- tions at Sussex Assizes abant" thei method of giving bank references.
LORD INCHCAPE'S REVIEW OF A DIFFICULT YEAR,
THE NEW BUILDING PROGRAMME.
Care of Passengers” Baggage. Last year he had mentioned that, when he was in Indian. few years ago, he saw remark in a newa- paper there that passengers landing from P. & O. ships were constantly. losing their baggage. A record kept for 1928-9 showed that. 9,523
innded from. P. & 0. stormers in Bombay, and that of their 93,230
been missing. Last year 9,400 pas- packages of baggage not one had sengers were landed, and of 94,000 packages of baggage only one has not boon traced: This package was insured, and the owner recovered They were greatly indebted to the efficient and expeditious arsange- inents at Ballard Pier for the land- ing and shipment of mails, passen- gers and baggage, and also to the Indian Railway Companica for facilities in connection with the landing, and shipment of mails and passengers at Bombay, to any noth- ing of the excellent arrangemente made by the Post Office there.
The Earl of Inchoape, the com- had, as a result of the terrible trade | Passengers from Europe had been
on depression, run three-quarters of a It was during the case in which pany's chairman, presided
10 nt tho ninetieth-million miles less than in 1920, the Major Reginald Kenworthy, the December
was ordinary general meeting of the cargo carried had dropped in the Schneider Trophy airman, charged with conspiracy in share Peninsular and Oriental Steam samo period by a million tons, the transactions,
number of passengers had fallen by Major Kenworthy was found not Navigation Co.
The report and accounts having; 50,000; the number of animals by guilty.
Alter Fred Sutcliffe, chicl clerk
E.C. been taken as, read, his lordship 50,000. The average daily crew emily value. of the Fenchurch Street, branch of Barclay's Bank, bad given said that during a lengthy experi-ployed on board the ships had been evidence, Mr. Justice Branson asked ence he had never known trade no slightly reduced, with a correspond-Bombay Port Trust for their most about the bankers' references which had been given the Rev. W. R. Fox, bad Disturbances in India, the ing diminution in the cost of wages one of the alleged victims of the condition in Austrália, and the and victualling.
civil war in China, sidded to the donls in shares."
If you are asked for the fiann-severe fall in the sterling value of cial standing of customers of yours, you can either refuse to give it or the dollar and tael, had seriously otherwise, but if you give it don't affected shipping: you make some inquiries?" asked the Judge.
Seteliffo said that an inquiry was made, but he did not know what it Mr. Justice Branson: It seems to bave been an inquiry that satisfied
was.
poor Mr. Fox that he could entrust these people with all his savings. It has nothing to do with this case, but it is a matter of public interest to know how these banks give refer A Devoted Wife.
ences.
1
The financial situation. in Aus tralia was causing the company and its allies grave, inconvenience. They had a very large sum of money lying there which they could
not got home except at a very heavy discount. feantime the money was lodged with the banks, at a fair rate of interest.
The latest figures available show. ed that on October 1 there were laid Major Kenworthy was again ac 856 companied by his wife, who, be-up 388 British ships with a total The prospects. 1142 cause of her husband's deafness, is of 855,418 tons.. 1887 allowed, to sit with him. Mrs. Ken-ahead of shipping were far from 2250 reverely that she is almost unable 1972 worthy recently injured her foot so
bright, and despite all efforte te economise there continued to be the greatest diffenity in making voyage results show anything except, heavy losses.
....
70 Beads of £100 Each, Numbered: 204 311. 413 494 631 642 725 758 704 807 814 870 1133 1042 1048 1005 1155 1180. 1310. 1421. 1537 1500 1820 1049 1788 1007 2001 2004 9134 2142 2933 2204 2204 2470 2610 2508 2081 to walk, 2741 2768 2781 2817 2824 2845 She carried a walking stick and 2002, 2005 2910 2000 3035 3042 hobbled into court with her hus- 3001 3104 3100 3156
3303 hand's assistance. Again the two 3407 3420 3577 3587 3018 3828 But near, each, other in the dock, 3048 3702 3708 3750.
Mrs. Kenworthy keeping her hus
The Dividend. 725 Bonds: of: £20 Each, Numbered: band informed of the evidence by
Thanks to their conservative 3630 3022 3060 3970, 4088 4148 frequent notes. With pencil and
paper she eagerly followed each mulicy extending over many years, 4712 question and answer, and now and the board were able to recommend
again Major Kenworthy would ask.j 4808 4042 $110 her what had been said.
the payment of a final dividend of five per cent., making a total for the year of ten per cent. free of tax. He felt sure the stockholders would, in the altogether abnormal circumstances, support the board in recommending a reduction of two ner cent in the year's dividend.
4180 4216 4220 4246 4259 4203 4510 4548 4550 4070 4000 4811 4840 · 4804 $137 5181 6234 5207 5200 5203 1340 5360 5378 3417 5473 5509 6519 5533 5586 6505 5600 5072 5087 5714 1773 5814 3841 Kany 5870 0011 0051 6267 0205 0310 0324
6340 6389 0300 6530 0843 6340 6081
7200 7210 7302
ahovo the rails,
The couple sat so low in the dock that only their herds appeared Mr. St. John Hutakinson (defend- 0482 6494 ing) read a long voluntary state 3725 0040 ment made by Major Kenworthy 7008 7030 7005 7129 7100 7100 after he had surrendered to the. 7310 7375 7434 polite. In it he said: "I am one 7438 7440 7447 7405 7490 7514 of the victims,"
Kenworthy added that he never 7824 7037 7001 8005 8016 8150 knew anything about stocks and 8280 8340 8300 8400 8502 8704 shares. He had no idea at all that 8704 8807 8845 8935 8B00 8092 | anything criminal was being done. 9037 9057 9078 9080 9152 0170 D240 0279 $330 1339 0304 9301 0120 £180 9483 0304, 9330 0344
Zacha
7570 7580
7502 7742 7780
0504 0053 2054 0780 0782 9825 0941 0851 0928 0030 0045 10020
10610 10823 10043 10602 10078 10811
STRANDING OF THE KUTSANG RECALLED.
Insurance and Depreciation. The amount at the credit of their Insurance Fund at the end of September, 1928, was £3,000,000. This year it was £3,027,702 108. ild., and from this amount they had taken £27,02 10, 11d. into profit and loss account. They had now decided to insure all their ships outside against total loss and to
10010 10067 10158 10282 10279 10337 COURT OF INQUIRY TO-DAY. 10354 10404. 10427 10433 10440 10472. There will be a Court of Inquiry 1049410511 10814 10508 10602 10012 at the Marine Court this morning 10348 10863 10884 10902 10061 10981 to investigate the circumstances at 11016 11025 11127 11144 11764 11183 tending the stranding of the s.3. 11217 11233 11241 11310 11359 11470 Kutsang on the evening of Decemduce their insurance fund to £1,000,000, applying. £2,000,000 to the depreciation of the fleet.
11401 1511 11827 11003 11669 11678 er 17. 11931 1933 11005 12125 12153 12165
The Hon. Comdr. G. F. Hole, 12103 12100 19250 12315 12300 12400 R.N. (Retired) will preside, the 12640 12850 19500 12033 12097 12712 Assensors being Lieut. Comdr. L. G. 19731 12763 12828 12900 12800 12024 Addington, R.N. (H.M.S. Tamar), 12065 13002 13083 13212 13210 13200 13528 13339 13368 13381 13419 13538 13651 12600.13719-13784 13813 13885
Mail Service.
"
Running of the Fleets.
A year ago it had been his privilege to say that of the 322 ships owned by the P. & Co. and its associates, not one had been lost. In August last, however, the Tahiti, of the Union Steamship Co. of New Zealand, employed between Now Zealand and San Francisco,
The Burden of Taxation. Turning to public affairs, Lord
Inchcape said that while taxation was inevitable, and all had to bear
and administration of the country, the present expenditure was press. ing very hardly on industry. In- come tax and super tax and the death duties on the savings a man might leave behind him absorbed in many cases 50 per cent, of his
estate.
after in accident to her propeller shaft, went down, and although the had 22 souls on board, all told, there was no loss of life, thanks to the skill and resource of Captain
the unflagging devotion of the crew,
This raid on the fruits of indus- Toten, his officers and engineers, to and to the discipline and good try and thrift, this expropriation humour of the passengers; and of capital which should remain as a source of reproductive trade and thanks, above all, to Marcos national wealth was in itself a Marconi's wireless, which brought sufficient cause of regret. A worse to the Tahiti a ship to which every aspect was that a large part of this reckless plunder, instead of being one on board was safely transfer-applied to intensive reduction of was dispensed red. After the publia inquiry in the national debt, New Zealand the Court pronoune with too lavish a hand in the pay ment of dolea. The insurance ed the following verdict:-
scheme, on which it was proposed to base this expenditure, had be "The loss of the Tahiti was dus
come bankrupt. There were now to a peril of the sea which no reasonable human eure or foresight two-and-a-quarter milliona could have avoided. The ship was played people in this country, cost- staunch and well found. The causeing the taxpayers well over two of the loss was breakage of tail million sterling a week. He was shaft, probably by diagonal of recently told of a case in which an Bearf fracture, resulting in over- unemployed man was offered a job "Why riding of end, this causing pune-nt twenty-eight shillings a week. ture of hull and inquiry to the base He declined it, saying
shillings when I am getting thirty Court awards the highest praise to for doing nothing,Relief which of the water-tight bulkhead. The should I take work for twenty-eight all concerned, with special refer. ence to the resource and cool, accu approached too nearly to the wages rate judgment of master and cocially, a sin against the people.
line was, he said, morally and Anan- age and endurance of engineers."
Of the steamers owned by the P. O Co. and its associates, this was the Buly loss:
New Tonnage.
The Mythic Capitalist.
unem.
One heard it said "Down with the capitalists," but who was to take their place? Were all indus tries to be killed 1 Was private en- They, the stockholders, might terprise to go? Were all banks, wonder why in the present con- factories, railwaya, steel works, dition of trade and shipping the coal mines, shipbuilding yards, Board were building six steamers shipping, shops and stores to be The rouson was that besides the exproprinted, and run by Govern- Razmak they had during the last ment officials! The whole thing year sold five ships to be broken up. was moonshine. They had to look ahead. Some of Meantime production costs re their vessels were advancing inmained at a level which increased years, like himself, their Chairman, the difficulties of our export trade. and it was the policy of the Board Overtrend charges could not be to bring forward new and up-to-cecapod and were in many in date tonnage. The new ships would stances an accumulating burden.
One hoard talk about thirty-six all have greater speed than the older vessels; oil fuel would give or forty hours work a week being them greater cleanliness and ex-onough for anyone. Barring pedition, in bunkering; and more holiday now and again, he, the economic fuel consumption; and speaker, had never been idle, even they would have less vibration. The when on holiday, for the last sixty quassenger slcamors were being years.. In common with many of his arranged for the greater comfort friends, he had worked on an aver of passengers, including the pun nge sixty hours a week and was kuh-louvre arrangement to keep in none the wares for it to-day, the alleyways, the public rooms and If he might venture to say so, in shipping, had made a reduction the cabins, fresh air and equal tem the future of this country was, to leaders of the Trades' Unions. If a great extent, in the hands of the they, the Union leaders, did not realise the economic position of the al competition the nation would ecuntry in the arena of internation come to grief, and they and all their members would share in the disas
The mail services had been carried out with punctuality, the total ton "nge landed and embarked at Mar- seilles and London being no less than 73,500 tons.
Suez Canal Dues.
Continuing, his lordship said he was glad to report that the Surz Canal Co., in view of the depression
Capt. J. A. Stewart (a.s. Ixion). Capt. C. Howe (as Paladina) and Capt. A. Hall (s. Telemachus).
It will be remembered that the 13092 14000, 14058. 14000 14354' 14388
went aground Rear 14421 14485 14528 14532 14500 14080 Kutaang 14807 14032 14095 25081 15104 16113 numun shortly after 8 pm. on 18118 15130 15101 15383 15437 15587 the above-mentioned date. She got 15585 15652 15073 15822 15830 15870 off in about half an hour and en- 10002 10051 10098 16110 10112 16130 tered the harbour under, her own 10185 10187 10100 10404.10410 10440 steam. Capt. V. MeC. Liddell was in 10457 10523 16600 10791 10850 10913 command at the time, the vessel be- 17000 17021 17177 17162 17288 17307 ing then bound for Hong Kong 17384 17380 17304 17406 17409 17425 from Calcutta vid Singapore. 17450 17490. 17503.17551 17580-17004
go on changing, but they were using 17702, 17800, 17908. 17954: 17957 17800 33332 33-479 33601 33706 33718 33723 of twenty-five erntimes gold in theperature. Things change, and would 18120 18288 18904 18381. 18455-18474 33707 33818 33871 33050 33081 34018 Canal dues, the rate as from Decem- their best judgment to anticipate 1877 18608 18071 18731 18867 1889334037 34070 34116 34160 34217 34306ber 1 last having been fixed at six the future. He, the speaker, went 18909 10011 10022 10167 19218 19236 34313 34330 34343 34353 34493 34423
steamer from Suez, having crossed 10272 10901 10380 10416, 19433 19507 34443 34478-34637. 34593 34802 34038 francs 85 centimés gold per ton. to India in May, 1874, in a P. & O, 19027 19632-18080 10647 10033 2011634050 34604 34720 34722 34701 34502 Since 1020 the dues had been Egypt by land. She was 2,000 tons 2010 20210 20242 20251 20332 20343 34600 34885. 34868-34903 35051 35071
all her cabins were below, pil lampster. 20363 20423 20472 20535 20677 20768 35131 35130-35158 05104 35171 35220 gradually reduced by one frane 85 gross register, had lose bulwarks, 20774 20873 20878 20809 21130 21161 35309 35414 35458 35519 35353 35603 centimes and on ships in ballast by no electric light, no fans. He was 21183 21941 21243 21310 21421 21420 35727-35768 35708 33813 36847 30050 two franes 67 centimos per ton.in a first-class cabin with bight, and 21319 21624 21672 21024 21067 21070 30099 36135: 30109: 36212 36214. 36226 The Canal transit has been much they had two wash basins. There was no music room, no, writing 21072 21682 21703 21823 21914 21988 30272 38282 38359, 30381, 30423, 36431 22020 23005 22095 22142 22176 22189 30483 38505 36000, 36714 20710 38723 shortened. The removal of many of room or lounge, no, smoking room. 22305 99393 22359 42402 22437 22503 36720 3881738825, 3083836888 36033 the awkward turnings has improved A number of the cabins were off the 29363 22570 22698 £2306 22737 22807 37101 37158 37160.37189 37934 37235 22919-22049-99932 22084-22067-23103 37200 37200 37385 37304 37428 37656 the navigation. The Mantua, home-dining saloon, the cabins shared one 22910 22340 2233 23405 23547 23600 37570 37012: 37687:37093-37708 37803 ward bound, had made, the Canal 23627 23040 23725-23001 24088-24043 37814 37909-37979: 38023: 39068 33173 passage two days ago in only ten 24061 '24080 24093 24107 24134 21157 38189 38273 38308 38374 39375-38385
hours. 24958 24259 24284 24330-24380-24400 38395 38410 38507 38610 38709 38765 24514 24311 24070 24741 24842-24987 | 38777 38009 38909 38081 38905. 39958 25002 25000 25030-25019 25101 25113 30087. 30107: 39233; 30237 30339
The P. & O and its allies during 25110 25155 25106 25348 25435 25408 The drawn Debentures, with, Cou 25583 2505 25873 25603 25007 25002 pons Nos. 39 to 40 attached, must be the year under review had tran- 25071-20001 20000 28023 26028 20155 loft four clear days for examina-sported 2,041,943 passengers without 20234 23318 25309 23431 28435 20473 tion.
By Order, -20189 20547: 28597 20321: 20088-20742 26740 20791 20837-20859 20877 26908' 26913 27032 27039 37041-27081 27097 27102.27167 27173 27800-27235-27240 27231 27315 27401 27059 27007:27704 27750 27046 28030 28110 28120 28267 98291 26307 28400-28420 28452 98458 28474 98403 28527 28330 28503-29630
29030: 28762 28805 28822 28877-280813, 20080- 20145 20107 20177 20247 20263 29203 20444 20512 20555+ 20009. 20041 20042 20074-29703-20775-20864. 20041
ALFRED W, BERRY, '.
Secretary, Countersigned
N.. R. JAURALDE,
Notary Public LONDON WALL BUILDINGS,
*LONDON, E.... 5th November, 1030,- «
The Year's Traffic.
11
The British Character,
He believed that the adoption of more wholesome policy would instantly prove that the heart of the people was sound. He did not believe for a moment that we should. munism or exchange our civilisation ever fall into the abyss of com- and turned the lights out. Afor-such a condition as that which candle for a cabin was only provid-exists, in Russia to day
oil lamp with the saloon, and the
carpenter came round at 10 o'clock
ed on the doctor's order. The ship The Chairman then. moved: raced along at ten knots, and going That the report and statement of down the Red Sea in the month of accounts submitted to you be adopt- May was no joke
ed," which was seconded by the Hon, Alexander Shaw, and carried unanimously.
The Aden-Bombay Ferry Service.
The Board bad been able to dis- The Chairman then," proposed: the loss of a single life. Ho, said
pense with the ferry service between That a dividend for the half-year this with all trepidation, but the Aden and Bombay, utilising the ended September 30 last, of i} per,] board's first object was to ace that China or Australian steamers, with gent. on the preferred stock, less the vessels were kept in perfect their improved speed, for the fort income tax, and a dividend of 5 per nightly service both ways, thus cent on the deferred stock, free order so far as was humanly pos- avoiding the transfer of mails and of income tax, as recommended in Ribic, regardless of expense. In this passengers at Aden, which was ex the report, be now declared, and they had the loyal co-operation of pensive and not very popular. This that payment for the same, bo zande freed the Razmak, the price of on and after the 10th instant.". their marine and superintending, which would come into next year's which was seconded by the Right NOTICE: The following Deben Sngineers, their dock and purser accounts. He had felt some respon- Hon. Lord Kilbrücken, G.C.B., and
sibility in suggesting to their carried nem, con, 2030013, 30032 30219 30221 30312 ture Bonds drawn at previous, draw superintendents, and their captains, friends, the Union Company of New. The Right Hon. The Earl of 30318 30340 30407 30458 30403 30404ings have not yet been redeemed and officers, engineers and agents overy Zealand, that they should purchase. Cromer, P.C., G.C.LE, G.C.V.D., Sir Robert 20465 30475 30370 30433 30038 30736 should be presented for
ed for nurment Lyn dhammudezidomuld be in the Nazmak od ten days after the end.
wakelivered in Auckland he andrand, the light. Hon. 81 school delay
Tusalbre £20 Bonds Numbered
have a more loyal celegraphed to the company
I were uninimously, reelected 30052, 31039 21045 31121 Jie Y
directors of the company, 31178 31102. 31240-3140437846-31847
7160 7200 7527 8450 10215. 10220 efficient body of men. Although the
Hope pleased Ituzmak,"
A cordial vote of thanki to the 31600 31002 31318 31941 31040 31968 10741 13050 19820 2009 20099 21570 number of ships in, commission durand was relieved to get their reply chairman, directors and stag for the 31970 32116-32174 32502 32308 32345 21686 1683 21000 21018 21031 21035ing some period of the past year
continued successful management of 32519 32530, 32538 32564 32581 3200221038 21645-21710 24227 26507 30427 slightly excreded the number for
the company's business terminated 32840..32867 32883 32889-32900 33009 30470 30482 33334, 38770 38793
the proceedings. Do the previous twelve months" they 33108 13239 33243 33268, 33290.33318.
3173431708-31776-31809
[!! Very pleased Ramnak, valu Vable attractive, addition to our
fleet:"
DCL
Distillers Compon
KDINBURGH
11
"D. C. L."
MALT EXTRACT
WITH
COD LIVER OIL
Is made from the finest selected Barley and malted with the greatest care on the Company's own, pre- mises by the most scientific methode of manufacture. THE DISTILLERS COMPANY, LTD.
EDINBURGH.
PRICE:-For 1 lb. Jar...81.30
SOLE AGENTS:
Per 2 lb. Jar... 82.50-
GANDE, PRICE & CO., LTD.,
St. George's Building, Ice House Street,
DIAL 20135.
HONG KONG
Paints, Enamels Darnishes, etc.
FOR EVERY PURPOSŁ
WILKINSON,
HEYWOOD
& CLARK
SHANGHAI-HONGKONG-TIENTSIN
AGENTS IN ALL PORTSTMTM
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