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BRICKA
A Solid Brick 9′′ × 4′′ × 3′′
Weight
Strength
72 to 75 lbs per cubic foot 600 to 700 lbs për sq. inch
Absorbtion, 12% to 13% after 24 hours immersion
Cost
$120.00 per 10,000
Concrete Products Ltd.
Room 301 Gloucester Bldg.
Telephone 28380
TRAVEL J.C.J. L
SEDKPARER;
"on our "well: krios
10,000 Tons.
TO MANILA, MACASSAR, BALI & SOHRABALA
M.STJISADANE”:
TO BATAVIA DIRECT
68. TJIKEMBANG MAG
Coastal And Ship-Chartering Вихідей.
VOLUME OF IDLE TONNAGE IN SUMMER
POLITICAL SITUATION IN MANCHURIA
DEPRESSES LOCAL MARKET
The period under review in the Coastal shipping and the chartering business has been the worst on re cord for many years and at one time during the year-May, June, July, things were very dead, there being practically no demand for tonage. At the time of writing, quito good den of tonnage is lying idle and freight rates are exceptionally low,. Quite a number of steamers are being operated at a dead loss.
owners of outside" stoomers, but also ships under time-charter, bad been unable to find employment. Shipa time chartered to rice millers had been unable to and full car goes, in spite of a willingness ou the part of the time-gharterers to accept greatly reduced rates.
Towards the end of the month, Saigon millers had to discontinue operating their time-chartered steamers and two British stomers still on hire had to lie idle in the Harbour.
The political situation in the Far East, not having been settled dur ing the year, inter-Coastal trade in Parcels of beans from Dalny to this part of the world has been Canton were shipped at 47 cents seriously effected. At one time dur-perpicul and coal cargoes from ing the past twelve months, char Honguy to Canton fetched $3.25 63 terers of small steamers re-charter-$3.75 per ton while coal from Hai- ed their vessels ab
a loss rather nan Island to Whampoa fetched than send them to Shanghai where $4.20 per ton. the Sino-Japanese disturbance had mada things uncertain.
There were laid up in Hong Kong Harbour diring the summer month no fewer than twelve steamers to a total tonnage of 38,300 tons. It was not possibly to find any kind
of employment for these vessels,
Ships Re-Chartered at Half Price.
Grimble & Co., for the following We are indebted to Messrs, Geo, report on the year's business:
The year opened with several 'fix tures for large, sized steamers on short period timcebarters in the Rangoon/Hong Kong and Swatow rice trade at 4/- per ton dead weight per month and there were also several small sized steamers fixed for. Tonkin Coal trips to Swatow and Amoy at 85.80 to 86.25 per ton. Very few orders remained in the market unfilled on account of the Chinese new year holidays and
•.
THE NYK LINES
REPORT BY DOGAL MANAGER
JAPAN'S STRENUOUS. EBFORT IN 1948.
The following review of the year's business has been supplied to the Daily Press by the local manager of the Nippon Yusen Kaisha.
"The curtain of an eventful 1002 has been rung down with the sensational events of the War Debt Problem and Geneva Conferences, wherein are our Sino-Japanese dis pute and Disarmament question, being still left unsettled.
However, it is gatifying for us that, despite the worldwide trade depinasion, coupled with the Chin- ese anti-Japanese boycott bitterly Aimed at Japan's trade, Japan made an unusually big starde in her export trade during 1939. This is, of course, chiefly due to the low price of commodities, benefited by an exchange in favour of her ex- port trade; but the fact must not be overlooked that there were na tion-wide strenuous efforts to re- tain her trade, or rather to gain much more business elsewhere than what she lost in China; and such efforts have been so successful that the total exports from Japan dur ing 1092 reached approximately. 1,400 million yens, exceeding by 200 million yens the figures of the previous year. Furthermore, her import trade thoughout the same year, has also remarkably increas ed. In consequence thereof, the shipping trades throughout the country have also revealed a happy out turn, showing an increase in their total revenue of 60. million
thus the N.Y.K. and the 0.8.K. both gained, of course through Jens over the previous year; and
enormous efforts, proft accounts after two years loss accounts. This
Rice and Salt in Doldrums, In May the outlook for shipowners and time-charterers was extremely gloomy Rice and salt trips were practically non-existent and the only charters effected in the first half of the month were two co freights from Hongay to Hongkong for June Loading tt 82.80 per ton and a coment chrgo from Haiphong $3.50 per tau. These three cargoes to Whampon and Canton at 83. to
were all taken up by steamers in the Saigon-Hongkong rice trade The berth rate Saigon/Hongkong moved between 8 and 12 cents per picul. In order to minimise their continued losses, time charterers
to Bubcharter trying
other trades steamers in
to Bgree.. to the get owners
the balance terms away as yet. cancellation
also gratifying for us and so we naturally look forward to a similar or better condition of trade for the their coming year, because we see no int dication to lead to worse, though Pit is hard to clear all obstacles
their charters on compen- of sation. In one instance, a British steamer of 9,700 tons d.w, with a
the political situation in Shanghai. Hong Kong Government Passenger Soveral large sized steamers free Liconee, which was taken up for in Australia failed to secure coal six months' time-charter in Janu cargoes from Calcutta to Hongary at 815,500 per month was sub- chartered for the balance term of Kong and Whampoa or rise cargoes her charter of three months at from Rangoon/Hong Kong and
$8,000 per month. Swatow
There was no demand for bean tonnage from Dainy to Hong Kong and Canton The only fixture ro ported was that of a Chinese- steamer for 10,000 picals at 50 cents (Dalny) për picul
War Risks.
The Chinese New Year during February continued to impede the progress of chartering. Practically. no business was. transacted in the first half of February. The political crisis in Shanghai also created a situation which caused great anxiety to ship owners as well as time charterers, Rice, benn and coal merchants, having Chinese steamers under trip or time charter were compelled to insure their cargnes against War Risks, while those who had already taken foreign steamers on timecharter tried to divert them in other trades instead of keeping them employed in troublesoma waters, Several British and Nor wogian steamers under six months timecharter to Northern Chinose were offered in the market for sub- charter.
There was no demand for tonnage on trips from Bangkok to Hong ong, but medium sized prompt steamers were still able to secure cargoes from Rangoon to Hong Kong, Amoy and Swatow at Rupees 8 and 10 per ton respectively....
From Dalny to Canton, the fix titres of two Chinese steamers for small parcels of beans were reported at 45 Dalny centa per picul.
BRITISH COMPANY'S
VIEWS
REDEEMING FEATURES OF A BAD YEAR
STRAITS LABOUR AND COLONY'S SHIPPING
In June, there was a slight rise in the berth rate from Enigon to Hongkong, freights touching 10 to 20 conts per pacul and this was fol owed by a spell of activity in trip chartering for Saigon-Hongkong. The Manager of a leading Bri Three China Navigation steamers tish shipping Company in commen were fixed at 30 cents per pical forting upon the year's business stated prompt loading and this had the that while the year just closing can effect of deadening the market unly be termed a poor one once again,
shipping as a whole, this Colony has shown some slight improvement as regards both imports and ex- ports from Europe with however, a heavy falling off in its trade with Japan, exports to Straits ports and imports from India.
During this month, several steam. er under time-charter to Saigon rice millers were redelivered to owners 10 days before the expira tion of their charters, In one in stance owners, taking advantage of the propitous moment in Saigon/ Hong Kong berth rates, managed to induce Saigon rice merchants to extend the time-charter of a 3,200 tonner with a Hongkong Govern- ment Passenger License for a period of two months at 810,130 per month. This businces, although appealing to be highly unremunera tive was nevertheless the best ob tainable in the market.
Running at Loss.
i
for
Foreign passenger traffic bas been well maintained but owing to the depression in the rubber indus try the old continuous flow of deck passengers to and from Singapore and: Penang baa almost entirely ceased, the number of labourers Bow permitted to enter the Straite and Malaya being strictly limited by Government.
Port Courhet-Amoy
-$4.25 per ton (coal),
Port Courbet Swatów-$3.40: per ton.
In July the freight market con- tinued to be extremely dull. As a result of the inadequate supply of
nli directions, un- ...Alight. Improvement, in "Autumn, freights in employed steamer, gradually in
In September, on account of the cressed in numbers and competition buoyancy of the rice market, occa for business became intensified.ional enquiries for medium sized Whatever rates ipffered were snap- ped up in spite of the fact that it steamers available for prompt load. might mean a beavy loss, as there the market at 20 cents per picul
ing Saigon-Hongkong appeared on was ho immediate improvement in steamers of the China Naviga sight.
fign" "Company wore, busily engaged in the Wuhu Bwatow rice trade and could not be had for less than 32 cents per picu Saigon charterers had to 28 Cente pirul for Norw
steaineta
In spite of the healthy tone of
In August the freight market geal rice market during the early showed no appreciable change with days of March; the demand for ton the exception of a slightly steadic nage did not rise up to owners ex demand for prompt tonnige Bang, pectations There who po en rss kok/Hongkong in the first half of ine feature to report in any directhe month. This however y
Owners who had been - holding only a short-lived: àffair for to- out for long period time charters at wards the end of the month the rate of Hong Kong 000 per Bangkok millers were una month forkingledeck steamers provide regular literstad 4,500 tona, d. w.,818,000 for 3,500 tons chartered steamers "with
bad $13,800 for 8,8,9 tops w-end goes: $11,000 for 2,000 tons failed-in. The their repeated attempts to induce directions charterers to embark upon fixing tonnage A steamer of 200 tony daw. with a Hong Kong Govern while ment Passenger License after her hol owners had declined 4 months.
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JAPA
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"October. "A"
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A Lands Limited
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