1917-07-02 — Page 2

THE CHINA MAIL.

MONDAY, JULYS

INTIMATIONS

BROADWOOD

PLANOS DAMP PROOF!!

NEW MODELS

JUST RECEIVED

SPECIALLY

MADE

FOR THIS CLIMATE

SOLE AGENTS:

ANDERSON MUSIC

CO., LTD.

16. Des Voy Road. TEL. 1891.

DAIRY FARM NEWS..

ik CORNED BEEF

AND.

CORNED PORK.

PUT UP IN KELS AND BARRELS

FOLL

EXPORT OR STEAMERS USE

MARTIN'S

APIOL &STERL

HIRE PILIS

MARTINS

VAPIOL ASTH

SILIMPOPON (SEBATTIK)

COAL

|HE Undersigned baving been appointed

Aakers for the CO WIK HARBOUR· COAL.CO., LTD., are prepared to quote prices) for best quality“ „STLIMPOPON DUAL trimmed into Bunkers at ́ZEBAT- TIK OF SANDAKAN (British North Borges

BILIMPOPON AL compares favour ably with the butter grades of Japanese Coat and gives good results on moderate consumption.

Steamers calling at SEBATTIE or

ས་་

vary

CIGARETTES IN TINS-

"Embassy" is sold 25 Cigarettes

in a neat Tin convenient for the

pocket.

It is the choice Cigarette in the

7.

ideal moisture proof container.

Ask your dealer for a Tin

OF

"EMBASSY"

25's

THIS ADVERTISEMENT, IS ISSUED. BY THE

BRITISH-AMERICAN TOBACCO CO., LTD.

THE BUDGET AND THE

SHIPPING TRADE.

J

COMPLETE CONTROL OR MORE

TAXATION.

The London Daily Chronicle in its issue of April 25th had the following special article:

tn

Britt

Mr

SANDAKAN exclusively for SIGIMPC. and over again, doubling their price quentat pf extent profits. Fram£400,000 was paid. He has also acquired

INTIMATIONS

G. FALCONER & CO. LTD.

WATCHMAKERS & JEWELLERS.

Hotel Mansons.

Agents for ADMIRALTY CHARTS

all excess profits over pre-war dividends, owning docis, shipbuilding yards and as there would then have been no indues ironworks as well as shipping. It doubled ment to impor excesive freights. We its profts last year, earning £1,387,000 are familiar of course with the argement and doubled ite dividend, paying 20 per that the freight rates are fixed cnnt free of tax. A combination hav

by neutrals, not by the British ship taken place between the Anchor Line"

ra[ owners,

that companies in and the Donaldson Line and the former eatral countries have earned much

сприпу under the control of the larger profits than the British com Cunard Company. Messrs Petersen Lud pics. The reply to that argument a Co, acquired the ships belonging to the the huge profit which Calliope Steamship Company and the

回 hipowners have warned London Marine Steamship Company are not concerned with the profits of P. camuel, of Mesare

Samuel and neutrals, but the dividend left over for Co. of London and Cardiff, has taken Huus profits have been earned or distribution, after making generous ever the Ariadne Steamship Company amassed in the shipping trade since the, allowances for reserves, depreciation, and which owned two steamers for which war. Ships have changed hands over

the

been equal to the whole the management of the Kestell Steam every time.

One company has absorbed capital of the company. The percentage ship Company, offering the shareholders another until the whole mercantile with the smaller companies. The large 300,000 has purchased the Occidental of increased benefit has been greatest £100 for each E share, and, for marine has come under the control of a concerns also show phenomenal resulta. and Oriental Steam. Navigation. Com- few combinations, Shipowners, whether Take for instance one of the largest rany, of Liverpool Thers have been private individuals or companies have whose accounts for 1916 have just South Wales a land of combinations in combinations, the Cunard Company, several interesting amalgamations in taken the opportunity of getting out by been published. This company; after the coal trade. One of Lord Rhondda's Charts of Sibukn Bay (Selettik Har accepting tempting press, at motion £1,500,000 for depreciation of ships instance, which controls the Globe Ship

paying income tax, bour). Prica and all other information bine-builder has achieved his ambition!

has set aside companies, Mesars. Humphries, Ltd., for concerning the Port can be hak All this means that profts have been (nearly three times as much as they did ping Company, acquired the Hazelwood application to the Agents.

swollen and that there will be high in 1915), has put 200,000 to reserve Shipping, Company, of Cardiff and

www.ount. has freights after the war, in order to pay and, after paying excess profita dusies, Cardiff, have taken over Messrs. Orders carried forward 2150,0:0, Mosers. John Cory snd Sons, Ltd. of dividends on the inflated capital of the the net profit remaining was £2501,840, and Handford, Ltd., of Newport, paying Dew combines.:

The greatest national scandal of the compared with £1,720,000 in the pre 20 for each 25 share.

vious war year of 1915. In addition to

PUN COAL (either cargo or Bunkers) are exempt from payment of all Fort charges

At Bebattik Steamers are barthed along dide the Company's wharf where there is a minimum depth of 27, to 28 feat as low water Spring Tidea."

BRADLEY & CO., LTD.

Agente Cowie Harbour Coal Company, Limited.

3097 war is the way in which the shipping paying a dividend of 10 per cent, on the the China Mutual Steam

JAPANESE MAKERS

Every kind of Footwear

MADE

TO

ORDER

OHERRY & CO.

FEDDER STREET, Opposite Hongkong Hotel

20, 1914.

Alfred Holt and Company, of Who control the Ocean Steam Navigation Company, and the Blue Line, have acquired the Indra making, Messrs. Holt now

Ordinary shares the company gave the shareholders 10 per cent. bonus, in Nav cash or in shares.

companies have been allowed to rent huge profits from the public in exorbit ant freights, a and to inflict permanent injury on the commercial community by While the Government have prevented Line, amalgamuting on a basis of inflated-war companies appealing to the public for the farget private shipowners in the pronta. It any be said that if the pro- new capita: difing the wat they took no world; they own 0 ships, most of which Pfits we

were high the risks were great. But precautions to prevent one cotapany are engaged in the risks of loss which shipowners ran absorbing another. In no department combination between the

Far Eastern trade. - - were tim the misfortures which of industry, havoothers been so many Pacific, the Allao, Canadian have bufallen msny other businesses amalgamations since the war as in the and Cunard Lines has been brought because of the war. In the first place, shipping trade. We will mention just a about for controlling shipping between we had State insurance of shipping for few of them by way of illustration

War

risks, to the extent of 60 per cent.

owner receives - ja

more

ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, BENSON'S ENGLISH WATCHES,

ENGLISH SILVERWARE, direct from Manufacturers, High Class English Jewellery.

KAIPING

INDUSTRIAL

'FOR ALL

COAL

AND HOUSEHOLD - PURPOSEE

FOUNDRY AND SMELTING COKE FIREBRICK AND FIREULAY

FOR ALL INFORMATION APPLY DODWELL

CO. LTD. YOUEEN'S

BUILDINGS HONGKONG. OR.

A

KAILAN MINING ADMINISTRATION,

THEWTBIN, NORTH CHINA.

0000

HORLICK'S

MALTED MILK !

(MALTED_BARLIST, ・・・ WHEAT.

AND PURE FULL-CREAM MILK).

The Food Drink with all the Virtues.

1. Gemaraty fożen and soxtalos K..

2. Girm stisngth and maintains it.

3. Easily digested and spmpletely absorbelt :

4. Delicious and refreshing.

5. Ready in a momenti

Baits all ages and conditions-

7. Koops to all climates:

Supplied by all Chemists and Storse

fa-3 Shows, 14, 29 and 11/- (ie. Egid

Also available in Tablet form to be dissolved the mouth.

HORLICK'S MALTED MILK CO, SLOUGH, BUCKS. ENG.

MILABELF-D

VÄLIBITION

"WELLINGTONTM KNIFE POLISH WELLINGTON SILVERSMITHS

this country and Canada & Messes Bider,BLACK LEAD SOAP FOR CLEANING

SEW COMBINES IS THE SHIPPING TRADE. Dempster and Company, Ltd: have taken

over the business of the Coast Line, and

the balance being insured by a mutual insurance system. Ships which were destroyed by submarines or mines were last year the Commonwealth and and Co., Ltd, and the Gulf Transport The Canard Company absorbed dir-bought from Messrs. J. H. Welsford and lost in the material sense but the ship- Domition Line, adding thereby £2,000,000 Company their interests in the regular

compensation than the value at which the ships stool to its share capital and £1,000,000 to its Golf trade. in their books when war caDeK, KA

debenture stock. They came to a work- The most sensation purchase of last The mercantile marine has rendered in agreement with the Canadian Nor-year was the acquisition of the Wilson magnificent service during the war, but acquired an interest in the business of £5,000. Sir Owen Philipps's group thern Steamships Company, Ltd., and Line by Sir J. R. Ellerman for this is due to the daring and hercians of Mesurs Funch, Edye and Co., shipping of companies have taken over the Moss the sailors who ran the ships, not agents of New York. The profit of these Steinship Company, of Liverpool the magic of the ownership. The ship additional busines for 1316 The P and recently acquired the business of Messrs are not included in The Royal Mail Company has just matter of excess profit duty. Onliney

0. Company

Fing trade was specially facoured in the the balance k over the British India Rebert McAndrew and Company."

business had to make provision for Steam Navigation Company just before carrying stocks greatly enhanced the war and acquired the Zealand

prices; a ship, unlike a factory, has no Steamship stock to carry or to accumulate While ther with the Federal Line, the four Company in July last toge

concerne i ovning grow to

Company rob

or other place of business will ciate in value during the war, ships nage The Furness 1

have more than doubled, and will retained control of the Prince Lane, a pri- main worth more in

ships, they will boney, althougis, avata concern with a subscribed capital of selves than before the warthy in them- £600,000, on which it was paying 30 per The Daily Chronicle has always ceat dividend; the purchase price was advocated that a higher percentage of very much larger, The Farnens Withy 3.0 Company was already a huge concert,

excess profits should have been taken from shipowners than from the rest of the business community?

HALFLING ANOULD BAVE BEEN CONTROLLED The thorough national "policy was for

OVERLAND CHINA MAIL" the Government to have treated ships

WEEKLY EDITION OF

CHISA MALAY

us they did railways and controlkd the DON'T GO HOME TO-DAY whole of shipping during the We

were told repeatedly by one Shipping without a vial of Pinkettes, the dainty: Committe after another, under

the

fast Ettle gentle as-mature remedy for con- Government, that this was an impractic stipation, liver biliousness, nick abla policy, hus in the mesttime the headaches Government itself was demonstraties, not only the necessity, but the pract lesbility of this requisitioning amps the system of

fing freighte, and directing that busuiss.But this policy ot gradual requsitioning meant the pro- are

Kresstyrenrichment of the ship owners

poained free Feitoling.

system of natinoal control Frimedt should then have taked

PINKETTES

LOSING WEIGHT

BY THE POUND

Under Weight," a condition of 11-health, shows your nasim- ilative powers are decreasing.

WATERCURY S METABOLIZED COD LIVER OIL COMPOUND:

piles, the blood with the

HEMISTS

and 3725

PLATES POLYBRILLIANT" METAL POMADE NEVER BECOMES DRY & HARD LIKE OTHER METAL PASTES

"JOHN OAKEY & SONS LIMITED.

Wertzmoton Mars" LoydON.

INTIMATIONS

YOUR EYES

SHOULD. NOT BE NEGLECTEL,

At the first

ymptom

ava strain you should of eye consult us. We test eyes scientifically and fit glasses to individual re quirements

@LARK & CO.

OPHOANS

FINE BRUGS, CHATER RO

“HONGKONG"

HONGKONG & MANILA.

MITSUBISHI GOSHI KWAISHA (Mitsubishi Uo:) COAL DEPARTMENI.

SOLE PROPRIENCES OF TAKASHIMA OURI MUTAHE

HOJO,NAMAZUTA.SAYO KAKADA,

KISHIDAKALIOSHINGTYSKA

| SHINNEW, KAMIYAMADA, BIRAI

LOTUBARI COLLIRRIES.

AGENT FOR SAKITO COAL

Head Office MARUNOUCHI, TOKYO.

BRANCH OFFICES-- Wagamaki, Maji, Karatan, Wakama (EIF, Otaru, Muzozan, Hakodate, Kobe, Osaka, Kure, Tokyo. Tokohama, - Nagoya, Tauraga, Vladivostock+ Hankow, Poking," "London":

Eonplon Hainboar

and. Canton

Cable Address

IWASAKI Codea: A1, ABC. 3th Ed Western Union, and Bentley.

AGENCIES:-

CE INKIANG: Mesara Gearing

Co.

MANILA Mosers Masondray

SINGAPORE: Mesare Borneo Co.

Ltd GLASGOW, Messrs A. B. Brown,

McFarlane & Co., Ltd.:

For Particulars, apply to

KATO.

No. 1. PEDDE ÖTZLEZ,

Нококова

SINGON & CO.

Pevartisend"A.D. 1880.

TRÓN, › STEGI, & METAL and : HARD I WARE, MERCHANTS. / Wholnesia and Retail Ironmongers. Pig Iron an Forndrý Goks Importers, General Stora keeper and Shipohandlers Nos. 35 Bod 37, Hure Loose BzzzzT, (9a4 Straat, wosk of Content Marka) Telephons No. 516.-

Bonakong Bertembar 6, 1915

HONGKONG & WHAMPOA DOCK Co. Lt.

HIRAP OFFICE:"KOWLOON.

Tyleraura No. 55.

TELEGRALBIC ADDRESS "MANIFESTO HONGKONG Codas Used A1, 4.3.0. Fitch Edition Engineering First and Second Editions Western Union, and Wack Dock Owners, Ship Builders, Marlue and Land Engineers, Boiler Maker

Iron and Brass Founders, Forge Masters, Electricians. ACETÉTENE DULLING AND WELDING FOR SET AND BOILER REPAIK

Modern up-to-date plant operated by our own

workmen under expert European supery

All classes of light Steel work manufaciated by the shors proce

Tanks, Drums, Ventilators, Pipes, dh

THE DIMENSIONS OF,DOCKS. ALD BLIES ARE AS FOLLOWS

MANEJOY DOOK ON ESIP OR KEEG

KOWLOON!

205, 3 Dock, Kowloon la

Kowloon

Cosmopolitan Doch wer

(ASKEDERS

Eups Dock...

·BLOCKA

MONTSANGE

ORDINASI

OFFICIS

QUEEN