S.S. "BENMOHR

19

Sailing for LONDON, ROTTERDAM,»

HONG KONG DAILY PRESS. WEDNESDAY, DECEMBER 22, 1937.

13

U.S. AND SHIPBUILDING COSTS WORLD 1OUR BY DOLLAR STEAMSHIP LINES

MARITIME COMMISSION'S COMPARISONS

Shipowners requested by the United States Maritime Commis- sion to furrilsh foreign costs for the construction of vessels similar

Although increased labour costa, scarelty of steel and future un- certainties have combined to advance construction costs for

ANTWERP, HAMBURG and LEITH on stone contemplated in the Com foreign vessels ordered more re-

about the 9th January, 1938.

Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.

Tel. 925m

!

For Freight and Punge apply to

NEW

W. R. LOXLEY & C (CHINA) LTD.

York Building.

Agents:

THE BEN LINE STEAMERS, LTD.

*FOR

SALE

LAID LEGHORN EGGS From The Early Bound Leghorn Farm Tai Po Market, New Territory.

Sole Agents :--

HUNG CHEONG,

(Tel 57108).

KOWLOON.

50

66, Nathan Road,

Cents

mission's standard

cargo ship design have been informed that three such vessels will be delivered from a Swedish shipyard early next year at a price of about $500,- 000 (£100,000 at par) each.

Request for this data had been made by the Commission in con-. nection with its development of a long-range replacement program-

me

BICYCLE

Londoners' Adventure In Mountains

have

Three young. Londoners than cently

those building it passed through Jerusalem on a Malmio (continues the article). | 12,000 miles cycle journey, to ships soOD to enter service are Australia.

· looked upon as being an important factor, in arriving at a basis for estimating differentials for con- struction subsidy purposes.

These ships, and otheța comple- ted abroad in recent years at like or lower prices, are those with for the several subsidised which the ships contemplated by lines in American foreign com- the Commission's programme will merce....and It Is upon this and have to compete, and owners be- other information from Govern-

lieve they will be at a substantial Lavery sources that the Commission, disadvantage if the Commission plans to make its estimates of the does not use their costs as the afferentials existing between real basis for subsidy calculations. American and foreign costs of shipbuliding.

As yet, no rellable estimates have been revealed as to the probable cost of vessels of the so- called C-2 type proposed by the Commission as a standard cargo liner, states the "New York Journal total of Commerce." Preliminary sugges-vessel which was contracted for

LOCAL DIRECTORY

OF

HỒNG KONG

(Including List of Factories)

MID-SUMMER EDITION

COMPREHENSIVE & UP-TO-DATE

A HANDY BOOK INVALUABLE FOR BUSINESSMEN IN HONG KONG

NOW ON

SALE

PRINTED AND PUBLISHED BY

HONG KONG DAILY PRESS, LTD.

Tel. 30251.

AWARD TO "OIL

WORKERS RESENTED

MARINA HOUSE

3RD. FLOOB,

15-14, QUEEN'S ROAD.

tions, however, have been to the eflect that the American cost of such vessels may run as "high as $200 (£40) per ton, or more than $1,700,000 (£340.000) but the Commission belleves that Peressing will be possible through Construction of these vessels in Yarge groups.

some

The vessels concerning which advices have been received from Sweden are being built for Nor- wegian owners at the Kockums Mekanika Verkstad works at

ETC. 6ins. in length 556 fins. beam, with a designed load draft of 28ft. 3ins.. with speed of 14). They are designed for a capacity of $42.000 cubic feet.

In the case of the United States Lines vessel to replace the Levia- than, the Commission compared. the American cost with that in the Netherlands. In making this calculation, it was understood. consideration was given to the Nieuw Amsterdam-a comparable

more than two years ago at a reputed price of about $12,000,000 (£2,400,000),

The new United States liner will cost $15,750,000 (£3,150,000) on a sliding scale basis permitting an Increase in price up to 15 per cent. In the event of higher labour costs during the period of con- struction.

Meanwhile, It is understood that shipping companies to which the Commision's design was submit- fed for comment have instituted a group study of its characteristics, and may soon come forward with a critical report concerning many of Its features. It is stated that several owners are inclined to the view that more attention has been paid to the naval auxiliary features of the design than to the commer- cial requirements of the various trades for which the ships are Intended...

SUBSIDY CALCULATIONS Similar dimensions for the C-2 ships are 433 ft. length, 63 ft. breadth and 23 ft. 9 ins. load draft. Cubic capacity for these ships would be 550,000 ft. The Three items are understood to Swedish-bullt ships are about 9.000

stand out among the features tons deadweight. as compared with criticised--the speed of the pro- about 8.700 tons for the Commis-posed vessels, the size of the cargo ston's vessel

holds and the number of decks provided. The ships are designed for 151 knots, a speed which many owners say is not particularly economical "nor is it competitive with that of many ships bullt in countries where 18 knots has be- come the new"standard.

John Alger, William Barber and

Leonard Cross have pedalled 3,300 miles since Leaving London on July 1..

After the Cross-Channel trip. they travelled through Belgium, Germany, Austria, Hungary, Jugo- Slavia, Bulgaria, Turkey, the Levant States and Syria.

Taurus mountains in Turkey, de- Alger twisted his knee in the

laying the party for a fortnight..

Then the trio had malaria and were detained in Aleppo for six weeks.

The cyclists are going on to Indik and Singapore, where they will sail for Australia..

Each set out with £40, and has. a considerable" balance left.

MANY NAZI SUICIDES

More Women In Year's. List

AMERICAN MAIL LINE Sailings

SEATTLE VICTORIA

S.S.

1

AND

vla Kobe and Yokohama.

PRESIDENT GRANT

Sails FRIDAY, December 31st, 8 A.M.

NEW YORK AND BOSTON

vià Manila, Singapore, Penang, Colombo, Bombay, Suez Canal, Naples, Genoa and Marseilles. S.S. PRESIDENT VAN BUREN

Sails SUNDAY, January 2nd, 8 A.M.

MANILA

S.S. PRESIDENT COOLIDGE Sails FRIDAY, December 31st, 9 P.M.

MOBI FREQUENT SERVICE ON THE FACIFIC

DOLLAR STEAMSHIP. LINES AMERICAN MAIL • LINE **

PEDDER BUILDING—AONG KONG, -

CANTON BRANGE -2], FRENCH CONCRAMIUR, SKAMERN.

The number of suicides in Ger- CONSIGNEE NOTICES. NOTICE TO CONSIGNEES- many is still at an exceptionally high figure.

According to oficial statistics they numbered 18,422 in 1935, a decrease of only 379 compared with the previous year-and the number of women killing themsel- ves increased by 78 to 5544.

SILVER LINE,

NOTICE TO CONSIGNEES

FROM

NEW YORK, LIS A GELIS AND SAN FRANCISCO

THE Motor Vessel

It will be recalled that Herr Hitler shortly after he assumed power declared that the large number of suicides in Germany was due to the Versailles Treaty.

"SILVERWALNUT” The number of suicides in 1913 baring arrived from the above l'orts on was 15,564.

14th instant, Consignees of Cargo are The number of executions intereby informed that their (cods are 1935 was 86. as against 152 in 1934 being landed at their rink into the Go downs of the Hong Kong and Kowloon the latter figure apparenly in-

Wharf and Godown Company, Limited, cluding persons executed in the

Kowloon, and stored at Consignees risk and expense. June "purge."

The strain of life is reflected in the deaths from heart trouble. which increased by 14.746 to 128.-

257. Deaths from cancer were also 4405 higher at 102,122. Accidental deaths claimed 27,400 victims, as against 24,870 in 1935.

Under the terms of the Ship Subsidy Act the Commission is CEDANJEUN COSELOuctión differential subsidies up to 33 per cent of the cost of building vessels Iri American shipyards, and, in exceptional cases, this per- centage may be increased to 50 per cent. Present Indications ap- pear to point to the probability

Divorces in 1936 increased by of invoking this extra authority vessel would have 60 ft. holds, a in the case

cargo vessels, size held by many to be too small 553 to 50,337, while the number of

2984 although it had previously been for several types of cargo. And of illegitimate births found that the differential exist finally (concludes the article) a higher at 104.800. At the Ing in passenger ship construction three-deck ship of this size is time the total number of births

declined by 85.123 to 1.110,138. is somewhat less.

viewed by many as unnecessary.

RE-ENTER THE RICKSHAW

The rests imikkeet zy. the baatjes unos the run- ann

order that supplies of petrol-may be conserved for war purposes are providing a come-back" for the once-popular rickshaw.

Due to efforts to create a vessel which will float with one of her bulkheads holed, the Commission's

was

THE CANADIAN

BALANCE

+

OF

PAYMENTS

same

All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on Monday, 20th instant, 1937, at 10 am,

All Claims must be presented within 15 Days of the vessel's arrival here, after which date they cannot be re cognised.

Goods bare left the Godowns, and all No Olaims will be admitted after the Goods remaining undelivered after the 21st instant, 1937, will be subject to

Rout

by

No Fire Insuranos Pas been effected, Bill of Lading will be countersigned

FURNESS (FAR EAST), LTD,

2nd Floor, Hongkong & Shanghai Bank Building Dials 23165 & 23169. Bong Keng 14th Dec., 1987,

STEAMERS SOLD

[5822

OCEAN STEAM SHIP CO, LTD. AND

CHINA MUTUAL STEAM NAVIGATION CO., LTD.

VONSIGNEES per Co. Vessel

ADRASTUS“

be

FROM NEW YORK VA MANILA are hereby notified that their Cargo will

Holl discharged into Wharf, Kowloon, where it will No. at Consignees risk and subject to Terms and Conditions of Storage at The Cargo will be Bolt's Wharf ready for Delivery from Godown ox and after 5th Dec.

Optional Oargo will not be landed here, unless Notice has been given prios to Vessel's arrival, but carried on from. port to port to the final port of call to which the option extends.

All broken, dhafed and damaged foods are to be left in the Godowns, where they Fridays between the hours of 10.46 am. will be examined on any Tuesdays and and Now within the Free Storage period, Goods have left the Vessel's Godows No Claims will be admitted after the and all Goods remaining and elvirka after the 27th Dec., will be abject to

Hent.

All Claims against the Vessel must

be presented to the Undersigned on os before the 10th Jan. or they will not be reongmised.

No Fire Insurance will be "fested.

BUTTERFIELD ́& SWIRE,

Agents. 20th December, 1937.

.[6836

KICKMPES LINE'

NOTICE TO CONSIONEES.

THE 8.8.

THE

The estimates of the Balance of the Canadian Governments and

"R C RICKME!S*. Payments of the Dominion of corporations "received a total of

having arrived from Hamburg anð Canada for 1936 reveal a credit $1,978.6 million from the sale of

Forts of call, Consignees of Cargo are balance in respect of current visible bonds abroad during the ten years

hereby notified that their goods are Two shelter deck cargo steamers being landed and placed at their risk and invisible Items for the sixth 1827 to 1936. In the same period, successive year, the Ogure for 1938 however, they repaid bonded building by Messrs William Hamil into the Hong Kong & Kowloon Wharf That pleturesque vehicle," the

being $323.6 million. This balance obligations amounting to $1.801.9 ton and Co., Port-Glasgow, have & Godown Company's godowns at delight of foreign visitors, had al-

was offset by an outflow of capital, million, the net receipts from changed hands. One, which will Kowloon, where delivery "may be the goods are most disappeared from the streets

the net amount involved, arising these borrowings abroad, there be delivered in January-February, obtained as soon as

landed of the cities, forced into retirement

from capital transactions that fore, being only $176.7 million. At 1938, has been sold to Mosers.

Optional cargo will not be linded by the speedler and cheaper taxi,

could actually be traced, being the same time, large sums were Rethymnis and Kulukundis, Ltd. here, unless notice has been given: 48 but now that the use of petrol for

remitted from Canada for the arid the other which it is ex-hours prior to vessel's arrival, but $253.7 million, thus leaving a private purposes is prohibited.

of American, Latin pected will be ready in February-carried on from port to port to the after midnight the comparatively margin unaccounted for of $69.9 purchase

million. During 1935 and 1936. American and other foreign se- March, 1938, to the Lancashire final port of call to which the option

extends. Co. (Messrs. James Canadians have made considerable curities, for the repurchase of Shipping

No claims will be admitted after le and Co. managing Goods have left the Godowns, and all progress in reducing their external Canadian securities and in con- Chambers bonded

goods remaining undelivered after the indebtedness not only nection with capital repayments owners), "of Liverpool. through the redemption of matur- and other financial transactions

7th Dec, 1937, will be subject to

few rickshaws still in service are finding some profitable employ- ment after the petrol "curfew hour" has struck,

...Many others which were lying about in odd places, forlorn and almost forgotten, are belig refur- bished and put into commission as going concerns, for if the war which is to "bring peace to China”

ing obligations, but also through of trust companies, branch un- calling certain issues before ma- dertakings abroad. etc. During

rent.

Both these steamers are being built to the Areforim design of Sir All broken chafed, and damaged Joseph Isherwood, Bart, and are Goods are to be left in the Godowns, to be atted with propelling ma- where they will be examined on 24th chinery by Messrs. David Rowan Dec, 1937, at 10" sim," by our Surveyors Messrs. Goddard and to the known extent of $130.8 and Co., Ltd, of Glasgow. The

*Douglas." million, the export arising princi- price is stated to be about £110.-To comply with the General Bonded pally through the retirement of 000 each. existing capital obligations of various kinds.

turity. In many cases, refunding the ten years, Canada was, on Issues were taken up In Canada balance, a net exporter of capital at lower rates of interest. Of the teen chien longer petrol will outward capital movement in 1836, 185 million, against $120 million in the preceding year, was in respect of the calling for redemp

Canadian tion of

bonda belɗ

become still more scarce and so will taxis.

Hopes of snatching a

profit, however, may be rudely dashed if

more man-power, should rope in the rickshaw-runners, whose nim- bleness and stamina ought to make them very eligible soldiers.

Warehouse Regulations consignees must have a Revenus Offeer do attendance when damaged2 dutiable goods are examined.

Adjusted figures of commodity

IN THE MONEY

in the payment of maturing bonds, credit balance of $882.4 million, and serial and sinking fund Canada being an important World For the third time in the last

payments aggregated $40 million. producer of the metal. The extent Mexico City, Dec. 20. 'four years, the Agà Khan has won

In addition, net capital remit of the inward tourist trame is A serious situation. has followed the most money among owners

tances of $74.2 million were made revealed by the fact that net re- the Federal Arbitration Board's during the flat racing season. His

in connection with international ceipts from that source reached decision of increasing oll workers total "bag" was £30,355, Bir dön ég ons authority that it branch undertakings, whilst in- $1,421.3 million. Interest and wages and social conditions at a Bailey being Recond on the list

cost a minimum of £450 a year

surance transactions involved pay dividend paymenta exceeded re- cost of about £1,500,000 annually | With £23,074, and Bir Victor to keep one horse in training, ments totalling $25 million. Of ceipts by $2,400.4 million. freight Sassoon third with £22441 The writes a Home correspondent. That the inflow of capital. $106.1 million charges resulted in a net payment leading trainer, Captain, C. Boyds the Chafe cost. Over and above arose from bompwings externally of $237.3 million and there was a Rockfart was 201.212-negri dtere are the losses which are through bond flotations, $7.8 mil debit balance in respect of im- £10,000 more than the horses inevitable in the building-up of a lion resulted from the sale of migrant remittances of $127.3 mil- trained by his nearest rival, Mr. J. good stable. The Aga Khan, for In- securities and withdrawals of lon Lawton.

-stance, once bought a yeariing for funds from abroad by Canadian 17.000 guineas and subsequently banks totalled $2.5 million. sold it for less than £20. In fact, I doubt whether there is very much of a profit represented in any of the figures quoted above,

the initary, in their demands for abroad; $145 million was expended | trade for the ten years showed ENGLAND'S SMALLEST 2hb Jan, 1938, or they will not be

to foreign oil companies,

The companies have Issued a statement complaining of a glaking denial of justice and refusing to accept responsibility for the conse quences that may arise.

It is believed here that that state- ment may indicate a threat to suspend: operations throughout Mexico. Reuter.

BUYING SUCCESS That sounds like big money, but when people see these figures they seldom cofielder. what it costs to achieve, them. "I remember hear

INN SOLD

All claims mest reach us before the

recognized.

No Insurance will be effected. | Bills of Lading will be oöuntérágset"

by

JEBBEN & COM Agentas

The Smiths 'Arms, Godmanstone, reputed to be the smallest inn-in Hong Kong, 20th Dec, 1997. Great Britain, was sold by auction at Dorchester for £800. Most of the village, which has only about. 100 sohabitants was also disposed

shortag

The inn, built of mud had hints nearly 400 years ago stands off the .Dorchester-Sherborne road. The bar measures only 15 feet by 11~

The sum of the credit items on current account in the balance of

The manor House fetched £3,500, payments for the ten years amounted to $13.423,2 milion, and many of the Villagers bought against total debits of $132119 their cottages at prices - ranging

from 270 to £100,

According to a study of the Canadian Halance of International Payments made by the Dominion Bureau of Statistics at Ottawa: million.

A Job?

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