OHIMA NAVIGATION
Amor, Swatow,
COMPANY, LIMITED.
HotHOW & SINGAPORE
HONDAT
AMOY & SHANGHAI
AMOY & SHANGHAI
Homow & Bargeox
SWATOR, Foodnow, Shanghai,
"ANHUI”.
On 10th July, 8 m ..."NINGPO" .......... On 20th July, 10 am, ...“ KWANGTUNG”..... On 20th July," "5 pm. ..."TSINAN
... On 20th July, 18 p.m. ..."KWEITANG" ... On 21st July, Noon
CURVOO & TIENTSIK..." CHUNGKING" Homow, Paxot & HAIFEONG ..."KANCHOW" Nord, NawoнWANO & DALNY ..."NANNING " SWATOW & BANGKOK
..." KALGAN" SWATOW, SHANGHAI & THINGTAO... 8000HOW * Foocnow, WRUTATWET;
On stat July, ...Oo 22nd July,
3 p.a. Noon
On 3rd July,
On 24th July,
... On 24th July,
6 pm. 3 p.m. 3pm.
... On 28th July,
10 sm.
... Od 20th July,
3 p.m.
..." TAIYCAN”
On 27th July,
pm.
On 28th July,
5 p.m.
..." KINGYUAN"
On 29th July,
..." KIUNGOHOW " ..."ANSION**
... On 29th July,
Noon pm.
..On Slat July,
8.
CRITOO & TIENTSIN... HUICHÓW”. BWATOW, SHANGHAI & TRIKOTAO ........”
\." SHANTUNG"
AMOT & SHANGHAI..... NEWCHWANE & DALNY
Homow, PAKHOI & HAIPHONG
Swarow & Shanghal
AMOT, SWATON & SINGAPORE
FOOCHOW, WEIKATWEJ,
..."LINAN
UnBroo & TINTAIN.....“ KUEICHOW"
."KIANGSU"
Swarow & BANGKOK SWATOW, SELKOMAI & TriNOTKO..."SZECHUEN**
...On Sist July, 10am, ... On 31st July, 8pm On 31st July, 4pm
BAILINGS SUBJECT TO ALTERATION.
For Fraight or Passage apply to- BUTTERFIELD & SWIRE
TELEPHONE 30991,
Agenta.
CARED AND HASGAUR DAM RE INHUANO AT TOR OFFJR OF BUTTERFIELD A SWIRE,
TRAVEL A.-O. LINE
To AUSTRALIA. Calling at Manila (P. Is.), Thursday Id. Catcha, Towerville, Brisbane, Sydney and Melbourne.
BRITISH STEAMers: Changte - TAIPING" (sunkina)
FASTEST MOST UP-TO-DATE STEAMERS IN THE SERVICE. ELECTRIC LAUNDRY, BARBER SHOP, SURGEON and STEWARDESS CARRILE, By Your Short Leave in Australia and New Zealand, Hong Kong, Sydray ---39 Dagni
FIRST CLASS PÂRE TO SYDNEY, £76 RETURN
P
#
LONDON (via Australia) from £138-15-0. (Australian Newspapers do Dus Hong Kon "I Love Hoog Kon
Leaves Mand
STEAMER
- TAIPING -
In Port
22ad July
12th Aug.
23rd Aug.
18th Sept.
20th Bent.
25th July 8th Aug. 23rd Sept.
14th Oct.
21st Oct.
24th Oct.
10th Aug. 11th Sept. Ath Oct. 9th Nov.
CHANGTE
TAIPING
CHANOTE
AUSTRALIAN ORIENTAL LINE. LIMITED
BUTTERFIELD & SWIRR, Agents-HONG KONG-BANGET
THE EAST ASIATIC CO., LTD.
COPENHAGEN,
The M. S. "DANMARK" on or about 2nd AUGUST, 1932
For SINGAPORE. PORT SAID, DUNKIRK, BOTTERDAM, HAMBURG, COPENHAGEN, FREDRIKSSTAÐ.
AND OTHER SCANDINAVIAN & BALTIC PORTS.
OTHER BAILINGS 1 MLS. “Danmark!
M.S." Chile"
MS. "Java"
M.S." Malaya" MLS." Afrika "
M.S. "Annam
*3
SAILING LIST.
SHANGHAI, ETC.
4th Aug
1st Sept.
30th Sept.
Bist Oct.
2nd half Aug,
CONTINENT, TO, 2nd Aug.
2nd Sept.
2nd Oct.
1st Nov. 2ndDec.
Optional Billa of Lading leaned to United Kingdom Ports
HONG KONG/BANGKOK SERVICE maintained by the Fast Motor Vessels. M.S."MUINAM.” M.S.
m.s. "Muinam
"
Sailing to Bangkok vin Swatow
on or about
29TH JULY, due Bangkok
on or about 3RD AUGUST.
For further particulars, please apply to:-
BINTANG"
JOHN MANNERS & CO., LTD.
Telephone 24073.
Agent
Muscantile Bank Buшding
PRINCE LINE
FREQUENT SERVICE
ΤΟ
BOSTON AND
NEW YORK
“CINGALESE PRINCE'
CALLING AT 'NAPLES
"SIAMESE PRINCE".
July 20th Aug. 22nd
Excellent Accommodation for a Limited Number of Passengers at
Moderate Ratos
For Passage Rates, Freight, etc., apply torTM,
FURNESS (FAR EAST). LIMITED.
Telephoner 23165.
(Innerportved in Great Britain,)
·King's Building,
DOUGLAS STEAMSHIP Co.,
LIMITED
HONG KONG DAILY PRESS. WEDNESDAY,
INVESTMENTS IN REAL ESTATE.
Wontinued from Page 11.)
payments by instalments, the clean. cut simplicity vanishes and the moto complicated requirements of
a real estate loan come into the picture,
or mortgage:
Mortgages Loans;
Mortgages are commonly based on approved appraisals of proper ty-appraisal of land, of build ings, and of the income from the property. These considerations: limit the amount of the loan which may be secured.
Appraisals should be made by s recognised valuer or by an organi. sation which, because of its stand- ing and experience, is well quali fed to make such a valuation, A margin of, from 30 per cent, to 50 per cent, is ordinarily required by the mortgageons his menqure of safety.
PRESIDENT
JULY 20, 1932.
LINER
SAILING
Weekly Sailings Transpacific
To San Francisco, Los Angeles & New York via Panama
Fortnightly sailings on Tuesdays, Free, Jackson................Aug. 2 Pras. Mackinley.......Aug, 16
To Seattle and Victoria
Fortnightly sailinje on Saturdays Pros, Madison paid...July 23, 1. a m. Pros. Cleveland Aug. 8 Prom Taft...
-- Aug. 20
ROUND TRIP FARES TO EUROPE & AMERICA,
Direct Apacial through rates to Europe via United-Stake. rounvotions with all Atlantic linee. Choice of rail lines morosa United States and Canada. liberal stop-over...privileges for night-seeing. Full particulara upou application.
Fortnightly via Suez to Europe & America
Fortnightly railings on Sundays via Manila, Straits, Colombo, Bambay, Suez Canal, Alexandris, Naples, Genon, Marselles, New York and Boston.
8.m.
Prés. Pierce
Prea. Harrison, misis s`. July 24 Pres Hayes ............ ......Aug. 7 Pres. Monroe
TO MANILA
Next Sailing
8. Aug. 21 ..Sept. 4
Pres. Harrison July 24, 8 a.m.
Pros. Hayes runjita i en Pree, Jackson
...July 28
Aug. 7 Prez. Cleveland
- July 30 Pres. MoKinley
..... Aug. 9 Connecting with 4.8. MAYON To CEBU, ILOILO, ZAMBOANGA. DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE
CANTON BRANCH :-4, SHKËɛ Srrent,
INDO-CHINA
STRAM NAVIGATION COMPANY, LIMITED.
HAILINGS SUBJECT TO ALTERATIONS
To
STRAMANTE
TAINGTAU via SWATOW] "SANDVIKEN"
▲ SHANGHAI
"HANGBANG"
"NORVIKEN " "CHAKBANG"
+
SINGAPORE, PENANG|
& CALCUTTA
"YUENBANG' **HOSANG"
OSAKA ria AMOY &· "SUISANO"
KOBE
BANDAKAN
TIENTSIN vin SWATOW, FOOCHOWA CHRFOO
SHANGHAI vis AMOY &
FOOCHOW
SHANGHAI
"KUTSANG”
"MAUSANG * **BINSANG *
"HOPSANG"
YATSHING"
"CHTPSHING"
"YUSANG"
DATE
Wed, 20th July, at 10m. Sun., 24th July, at 10 am. Wed, 27th July, at 10 m. Bun Slat July, at 10am.
Thurd, fist July, at 3 p.m. Mon.. Sth Aug« at 3 p.a
Mon.. at Auğ,, at 10 a.m. Wed., 17th Aug., at 9 am
July, at Noon Wed., 20th Jul Nun., 31st July, ni Noon Wed. 20th July at Noon: Sun, 1st July, at 10 am. Wed., 21th July, at 4 p.m.
Thurs., 1st July, at Noon.
SUMMER TRIPS TO JAPANI-Excellent first Class BOGO= modation is provided for Round Trips to Japan, on Company's Caloatin Line Steamers, at the specially reduced return fars of $250. These return tickets are available for three months,
For Freight or Passage, Apply to-
JARDINE, MATHESON & CO. LTD
TELEPHONE: 30311.
GENERAL MANAGERS..
CONSIGNEE NOTICES.
NOTICE TO CONSIGNEES.
OCEAN STEAM SHIP CO, LTD
AND
CHINA MUTUAL STEAM NAVIGATION CO., LTD. ONSIGNEES par Co.'s Vestel
PERSEUS"
Satisfactory terms being arran ged, an agreement ik entered into between borrower and lender cover ing all the conditions of the loan. The terms include the security offered; the period of the loan; the interest rate and interest pay- ments; the penalty in the event of default of any kind; and other phases usual in a mortgage agree- ment. The security title, the des. cription of the course be mentioned. Short term mortgages generally qua' From one to two years. Option of renewal may often be included.
Interest rates in tinies of easy
FROM UNITED KINGDOM noney run from 7 per cent. fo o
VIA SINGAPORE per cent, per annum, but during
are hereby notified this their Cargo periods of financial stringency maj
will be discharged into
Holt's Wharf, Kowloon,, where it will run as high as 12 per cent., possi
Consignees' risk and subject to Terms bly even imore. Foreign banks are satisfied.
perties is vested is a trustes, and Conditions of Storage at Holte usually charge moderate rates of Loans can also be secured from generally a bank or firm of sub Wharf. The Cargo will be ready for interest while native banks require banks upon depositing the deeds of stantial standing and good reputa-Delivery from Godews on and after
18th July higher returns. Interest as a rule properties without drawing up a tion. A fixed rate of interest is Optional Cargo will bot be landed ham, is payable quarterly or semi-an-mortgage agreement. Such an ar paid, commonly ranging between 5 Steimer's. amival, but carried on from. unless Notice has been given prior to nually, depending on the terms rangement is, of course, for, temper cent. to 7 per cent, per annum, port to port to the Bus) port of call to agreed upon, in advance io
porary convenience only. This pro- payable semi-anually. Because of which the option extends.
All broken, chafed and damaged Goods cedure of obtaining funds is aim these factors of safety and good are to be left in the Godowns, where 1. In examined on any. Cuandays A specific provision is usually ple in execution but carries the ratura, debentures are readily nu- made to indicate the penalty in ries disadvantage, that the
between the hours of loan gotiable in the market, being as 10.45.4.1. Noom within the Free ease of to effect payment of interest on due dates, and carer period is usually brief and repay, they are, one of the safest forms storage period.
No Ohime will be admitted after the ally the mortgagee is given the ment may be required at very short of investment
Goods have left the Steamer's Godown, right, to declare the whole debt
and all Gooda retomining mudelivered after the 25th July, will be subject
AUTORJA,
or
immediately due in case of such notice, when no fixed period has default. If the mortgage agree-been arranged.--.: ment calls for notice to the bor rower before the excercise of this option, the method of serving the requisite notice to the borrower should he specified.
Debentures Popular,
to Rant.
Real estate companies founded under foreign laws are so controll- od by regulations at their opera tion along conservative lines neces-be
issues floated by sich foreign com panies rank among the best forms of investments. Amply secured by properties whose value gives a high margin of safety, and which controlled and administered by ex
Are
The issue of debentures or bonds sarily results therefrom, while un- secured by real estate is the com-safe, speculative' chods of trad The right to foreclose and sell the mon method of financing among ing are precluded. Debenture property forming the security is real estate companier. Such deuen the usual provision against loss of money through bronch of covenant teres are generally in good demand on the part of the borrower. among investor, the chief reason
When additional funds are re quired, a second mortgage is some-
for their popularty being their high times granted to the mortgagor the degree of safety coupled with porienced renitors such debentures Aame property being taken as secu- fair interest return, and their are one of the mog attractive secu. rity. The holder of the firs, mort-endy marketability. Their safety ritics ofered to pvestors, provid gage has prior rights in the pro- lies in the fact that they are ing a high degree of safety and at perty, in case of any default; the cured by properties whose ap the same time eshing a better re second mortgagee cannot avail him- praised value is almost twice the turn than is qually obtainable self of the security until the re- value of the debentures outstand through other-ingatments offering quirements of the first mortgage ing, while the control of the pro corresponding advantages.
THE HONGKONG & WHAMPOA DOCK CO., LTD.,
Telegrame.... MANIFESTO, Honaruxo,
and Works:
Head Om KOWLOON, HONG KONG HONKORO OPTION 28056
Telephones
Kowbox Dock 58058
DOCK OWNERS. SHIP DESIGNERS AND BUILDERS, MARINE AND LAND ENGINEERS BOILER MAKERS, IRON, STEEL AND BRASS FOUNDERS.
FORGE MASTERS, WELDERS AND ELECTRICIANS.
Telegrama Fornprince.
On Lloytis
Bit of
approved.
Dast
Steel
· HONG KONG & SOUTH OHINA COAST PORT SERVICE
DEGULAR SERTION of Fast High Diner Jowel Steamers. Bailing [LU"-"kabjrot ́ ́to alteration without notion,
FOR
SWATOW- AMOY & FOOCHOW
AND RETURN
(Oconpying 8 to 9 Days)
Harbour
Call Flags:
ENGINEER
K."
Bor
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNEM NOTIUN.
9.3. "ANGKOR"
ÁRRIVED HONG KONG @n TUESDAY, THE 19TH JULY, 1932.
From MARSEILLES, &
NONSIGNEES of Cargo by the above-named Steamer are hereby informed that their Goods, with the axorption of Opium, Treasure and Vain- abies, are being landed and placed at their risk in the Godowns of the Hong don Itd., Kowloon, whends Delivery can
All Claims against the Steamer must presented to the Ledersigned on ar before the 8th Aug., 1932, or they will not be recognised.
No Fire Insurance will be effected.
· BUTTERFIELD & SWIRE,
Agents 18th July, 1932.
(1089
BRITISH FREE-MASONS.
(Continued from Pape 1).
the
|
į
and Kowloon Wharf and Godown
be obtained as the Goods are landedes
Goods not cleared within 7 days, in- aluding date of arrival, will be subject to Rent
All Claims must be sent to the Under- signed before Thursday, the 29th July, 1982.or they will mathe socognizedg
Damaged packages must be left in the Godowne for examination by the Consignees and the Company's Bar- veyors, Menzis. Goddard &
at Douglas 10a.m. on Monday, the 26th July, 1932. Consignees must have a Horonne in attordance when damaged ∙re ained by the
Arveyor TEA
No Claims will be admitted after the Goods have left the Godowns.
No Fire Tarawe will be effected by us to any cise whatever.
R. COL·
Agent
Hong Kong. 10th July, 1930,
19380
' ג
Lord Harewood's' Interost.
The Earl of Harewood has `ap. pointed Dr. John Stoker of Shef field to succeed Richard Gill Deputy Provincial Grand Master 4.89 measure, to the Privy for West Yorkshire, and Tom Council of the sovereign. That Coombs and Lieut. Col. Anthony- council consists of the permanent Gadle to be Assistant Provincial officials of Grand Lodge and some Grand Masters. Edwin Middle six or seven leading Freemasons who brook of Leeda has been appointed are not on the active list of grand oficers who are appointed by the Grand Master.
The Grand Lodge.
Deputy Provincial Mark Master in succession to Dr. Lee Bolton.
Only four charters have-been That council, said Lord Ampthill, granted during the past three has no more arduous and respon months by the Supreme Grand sible task than that of preparing Chapter, the lowest number for the list of recommendations as to many years. These will all meet honours but the choice is made,, so in the provinces, one in Durham, far as in reasonably possible, on ong in Essex and two in Lanca- individual merit alone. No lodgo, shire.
as auch, has any right to a Grand
•
Lodge collar, Individual merit The Earl of Harewood has been the solo test, so that one lodge may installed as Pro Grand Master of have, half, a dozen Grand Lodge Knights Templar in succession to officers on its register while there Maj. Gen. T. C. Ploydell Calley. may be 40 lodges without one memHe has also been raised to the bor entitled to that decision.
dignity of Knight Grand Cross in the order.
*
This Year's Investiture.
At this year's investiture, the
Sir Ernest Cook has been install
Grand Master Mason. of Scotland od as. Provincial Grand Master for
was present and he-Lord Belhaven Bristol,
and Stenton-was accompanied by
his Senior Grand Warden, F. W. Institution for
Giris
HAIYANO WATCHING
Friday Tuesday,
the 22nd July, st_2_p..__ "the 26th July," at # jun!"
Arrivals and Departures from the Company's Wharf (nemy Blake Pist) Round Trip Tickets will be inrund from Hong Kong to Toochow : Pagoda, Azahorago) and Beturn, by the same Biesmer at the Bedincep Fate of $100.00, fuoluding Meals whie the Elemmer in in Portmannredet
For Freight and Famago apply toim
DOUGLAS LAPRAIK & CO.
T.S.S. EMPRESS OF JAPAN.”
· No: 1 Dock-Dime: 666′-0′′. O_A_ x88′-6′′ x 48′-6′′ Mld.--20,000 tons gross
The Company possesses Bix Granite Docks and Two Patent Slipways.
The dimensions of No. 1 Dock are 700′ x 88′ 1 30-6′′ over sill, H.WO.S.T. Salvage Tag "Henry Keswick," 2,000 LPH Wireless Call Signal : V.P.B.T. and Flag Call Signal: THQB Bheerlege capable of lifting 80 tons Codes Used --A1 A.B.C. Fifth Edition Engineering, First and 800ond Edition,
*** Western Union, Bentley's and Watkins.
Kindly send enquiries to the Chief Manager
BHLWRIGHT
R. M. DYEL, B.86., M.IN.A., Kowloon Docks, Hong Kong.
Fall Clark of Glen Caladb, who, ja
an officer of the Grand Lodge of The Earl of Harewood presided
·England. Lord Ampthill, in ro at the 44th anniversary, festival of ferring to the dedication of the the Royal Masonic Institution for Washington Masonic "National, Girls and the large company- had Memorial, said that Washington--the pleasure of welcoming the Prin stood as high in the sateam of Bricess Royal, who accompanied har tish Freemasons as of his own husband, West Yorkshire was re countrymen... Grand Lodge gave presented by 2729 stewards, nearly its approval for the dispatch in the 1400 more than London, and con form of an illuminated address of i tributed more than half the amount the following message:hatein || collected,, viz., £75,402 | out of "That a mesage be sent to the £124,886. London sont £24,634 anil Brethren of the United States of the other provinces £23,487. . On the America on the occation of the i pravlów, day the Princess, Royal Dedication of the Washington Maj visited the institution of Clapham sonia, National Memorial offering Junction; and distributed, the prizes them fraternal greetings, and good to the successful scholars. At pre wishes and assuring them that we sent there are 1400 girls in the share their admiration of George i school who are maintained" and Washington: asua man and a. Ma f'educated at an average cost of 201 Mon.??
each