1920-03-15 — Page 6

SHIPPING

HONGKONG, CANTON & MACAO

STEAMERS.

JOINT SERVICE OF THE HONGKONG, CANTON & MADAD SEXAMBOAT 100 MTD. AND THE CHINA NAVIGATION COMPANY, LIMITED

HONGKONG-CANTON KANER..

Ballings-To Canton dally as 8 a.m. (Sundays uzcepłod) nad 10 p.m. From Canton daily at 6 am. (Bondays excepted) and a p.m.

MERVICEĽ OF THE SONGKONG, CANTON & MACAO STEAMBOAT CO., LID

· HONGKONG-MACAO LINE. SAILINGS-

To

Macso daily at 9 am.. (Saturdays at 7 p.m.)

From Macao dally 8. p.m.. (Sundays så 6 p.m.j

Police Firmite to lears the Colony are not required. Further information may be obtained at the Company's Office, Hotel Manaloga.

or from Mears. Thos. Coor & Ben, Booking Agents, Hongkong.

DODWELL & COMPANY, LTD.

S.S.

STEAMSHIP SERVICES.

Regular Sailings to NEW YORK via Patama. Canal..

1,60

MUNCASTER CASTLE"

Salling on or about March 19th.

LLOYD TRIESTINO

BRINDISI, VENICE & TRIESTE via SINGAPORE PENANG AND COLOMBO.

S.S. "PILSNA

N

Sailing on or about March 28th. ***

NANYO YUSEN KAISHA, Ltå

(SOUTH SEA MAIL: 8. 8. 00.).

Regular Services between

FOR JAVA,

8.S. BORNEO MARU”

On 17th March. -

JAPAN, HONGKONG & JAVA

FOR JAPAN,

8.8. "EIOJUN MARU”. Sailing on or about March 21st.

OCEAN TRANSPORT Co., Ltd.

(TAIYO KATUN KAISHA.)

.

Steamship Services Trans-Pacific.

Also to Australia, Europe, st

NATAL LINE OF STEAMERS

TAKING Cargo on through Billa of Lading to South AFRICAN PORTS with transhipment at CALCUTTA, is conjunction with the

INDO-CHENA STEAM NAVIDATION CO., LTD.

AND APCAR LINES.

For Freight or Passage on any of the stove Linee apply

DODWELL & CO., LTD., Agents.

IRON AND STEEL. PRODUCTS

BEST TERMS

(ESTABLMIED 1880).

0.

THE CHINA MAIL.

SHIPPING

N.

CHINA NAVIGATION CO.,

SALING SUBJECT TO, ALTERATION.

SWATOW & BANGKOK

SWATOW & SINGAPORE

AMOY SHANGHAI & PU WEIHAAWEL CHEFOO & DAIREN BRANCHIY

BHANGHAI AND TSINGTAO. TAIFEONG

SWATOW AND BANGKOK MANILA, CEBU & BOO

STEAMERS

LTD.

CP

TO BAIL

SKENOTU cambiar. 16 at 9am Kanchaw .........................Mar. 16, at 11 a.m. „KUECHOW ................................Mar. 16 Noon. ICHANG umumis.Mar. 18, và 4 pm. HANGCHOW.Her. 18, Dlight. „BITKIANG... 18 Noom. -

YINGCHUW ...d

„Mar. 20, at 4pk. SARAIFONG 100siasekar. 12, m 10 m 19-90-9LUCESW servismereMar, 23, at § a.m.

•AME(Mar, 1B,na 4 p.1. SHANGHAI & FOXO325 Mar. 27, at 4 p.m. SHANGHAI LINE-PASENGERS MAIL and CARGO. Excellent Saloon accommodation” amidships. Electric Light and. Faar în Balcón maši Bato-rooms Begalar schedule service between Canton, Hongkong. (tarke weekly) and Taingtao"(wookly)]), taking cargo on through Hills of Lading} (to alll Xazettes and portbags Uhins Paris. Palenguer are landed in Ehanghai, „Arolding the funcnyeolanos of transhipment as Wonging, com

---Weekly service to and from Bangkok via Bestow, For Pamain apply this

диот,,

""

Telephone No. 28

ADMIRAL

BUTTERFIRED & SWIRE,

& PACIFIC STEAMSHIPIG

Operating the following: U.S. Shipping

For BEATTLE, TACOMA, VICTORIA, VANCOUVER.

**RLESTON " “ELDRIDGE"

(Calling at phangħal: and Hodej.

HOLTY OF SPOKANE”

"CROSSKEYS"......

About March 17th. About April Sad. About April・ #9ch. Esth.. About Jano Ind.

For PORTLAND Direct.

"PAWLETTE

"COATED

"WABAN"

(Calltag at Shanghai and Kobe).

» About March 9th, ................................... About April 17th. * About May 15th. Through Bill of Lading faned to Overland Common Points.

FOR FREIGHT AND PARTICULARS APPLY TO: -

THE ADMIRAL LINE,

Telephones 5477 & V478.

4.

Fifth Floor, Hotel Hansions.

FOR NEW YORK & BOSTON.

THE U. S. SHIPPING BOARD.

S.S. "WINJAH "

About APRIL 10th.' Via PANAMA,

S.S. "WEST WIND

About APRIL 17th.

S.S.

Via PANAMA.

DRYDEN "

About APRIL 17th.

Via PANAMA.

For freight, space and particulars apply to

THE ADMIRAL LINE,

COMPLETE STOCK. SINGON & 00. (TELEPHONE 615)..

TELEPHONIE 24772478,

S. K.

OSAKA SHOSEN KAISHA,

SAILINGS FROM HONGKONG SUBJECT TO ALTERATION.

LONDON, ANTWERP, ROTTERDAM & HAM-

BURG-Monthly direct service via Singapore and Port Said. ANDES MARC *** entertaibmerge.................Monday, 22nd March. CELEBES HARU (Call Marseilles)....Middle of April. GENOA & BOMBAY-Monthly service. Taking carge on through

Bill of Lading, with itan-abipment at Bombay to Co.'s stemmer. BUENOS AIRES Rio de Janeiro Santos, Mauritius, Durban and

Cape Town via Singapore.

TACOMA MARU....Thursday, 1st April. BOMBAY & COLOMBO-Regular fortnightly service vis S'pore.

SAIGON MARU.

Wednesday. 17th March. GANGES MARU ......... ............ Wednesday, 24th March. BURMA MARU

Saturday, 10th April SAIGON, BANGKOK & SINGAPORE Regular Monthly

servico.

UNNAN MARU....................Thursday, 1st April. SYDNEY, & MELBOURNE-Monthly service taking cargo to

New Zealand and Pacific Islands.

VICTORIA & VANCOUVER-Tacoma via Manila, Eesiung,

Shangbai, Nagasaki, Moji. Kobe, Yokkaichi & Yokohama. ARABIA MAHU (Call Shanghai) ......Tuesday. 6th April. MANLEA MARU (Call Shanghai)....Tueday, 20th April. KEELUNG via SWATOW & AMOY These steamers have

excellent - seva modation for 1st and 2nd class saloon passengern and will arre Li az depart from the. 0.8.E. wharf near the Harbour Office

.......Monday, 16th March."

AMAKŪBA 'MARU........

TAKAO via SWATOW and AMOY.

808HU MARU 400m

Sunday, 14th March). JAPAN PORTS—Moji, Kobe Yokkaichi, Yokohama For mailing dates and further, particulars please apply to--

Y. YABUDA, Manager. No. 1. Queen's Building- Tel. No. 744 and 745.

THE KWONG HIP LUNG CO., LTD.

TINGINEERS and SHIPBUILDERS, BOILER-MAKERS, KRASS and IBUN "FOUNDERA.. Alf work done in this establishment is guaranbood. We have over thirty years' experience. We ows bro Blipragaand mu nocommodate any zrada,

300 k long...

Tows. Offie: 64, CONNAUGHT ROAD OIL, Hongkong Telephone No. 45, Bälpysid↑ Bhum-Bri-Fo-Kowloon, Hong

kaimingen furzit med en appilasiion.

Hongkong, April 1, 1912

AGENTS

STE FLOOK Home MASTIONS.

"SHIPPING

SAILINGS

MONDAY, MARCH 15, 1920.

OS

HONGKONG to VANCOUVER

(vin Bhanglad, Nagsinki ("Moff) Kobe & Yokohama)

PINK

"Emprèss of Japan

་་ ་

#d

HONGKONG VAKOGUVER

April To

June 18

...MENT:09

Empress of KKK.

... april * 电物 $ 15

Empress of Russia 1

MAY 0

EmpTORS Of Japan ...

MAY 20

Empress of AUTA

Juke. 9

June 11

ɔress of Huažia z July 1 P'upress of Vabilo

July 10

July 50 ...July 20 Aug. 5

"Bang vest "hf Rüstis ... Aug. 26 Ahh.pbas of Japan

Bapt. 14 ...Nept. 23

Oct.

Dig. 10 Ang. 18

Bept. 13

11

100

Tarer Hong Kong to United Kingdom.

WEBLO HEMPRESA DE PAPÁN”)

16, 30ʻTot: Beg, Gold, 5,000 Tons Reg. Gold - Eur 2001 de 4 32A 1853.00 MONTMAGIM.$405.00

16,510 Ton beg

185 Toma Reg aikikliam waheguet ta khange withokt notics,

· For 'Parse and 'akher hefbrminblom planos àpply toy'

HONGKONG OFFICE; Tolschoer 782..

Cableżaczana & CUACANPAC,

CANADIAN PACIFIC,

·OGEAN SERVICES

CHINA MAIL S.S. CO., LTD.

FREIGHT AND PASSINGRES

"NILE"

-"CHINA"

(11,000 tona). SAILINGS FROM HONGKONG FOR

"NANKING” (15,000 tona).

SAN

(10,200 tons),

FRANCISCO

VIA SHANGHAI, JAPAN PORTE & HONOLULU,

"NANKING" March 26th, 1896.

"NILE" May-15th 1990.

"CHINA"

March 25th 1990..

AN UNSURPASSED HIGH CLASS PASSENGER SERVICE.

Q. H. KITTER, Fraight knd Passenger Agani.

Brool.

Tol. 195k

Frince's Buildings, Ics Hot

THE EARNINGS OF CARGO STEAMERS.

Although the profits earned by shipe ping companies owning cargo steamers have been highly satisfactory during the past few years, the fact that a considerable number of experienced- owners have disposed of their vessels. seems to indicate that they inticipate ja considerable decline in earning

power in the near future.

From same interesting statistics published by our " contemporary, Fairplay, we gather that the average dividend paid by cargo. boat companies for the eight yea ended 1911 amounted to only 3.3 per ċent., and, in this connection, fe must be borne in mind these the afteöunts. ser aside for depreciation during that period were quite inadequate. Ha proper allowances been made. for re- newals practically the whole earnings would have been absorbed. ∙In the two clear years preceding the va 1912 and 1913, considerable im- prodvement was made, the dividenda amounting to 6.82 per cent. and 12,58 per cent.. respectively, and the allow ance for depreciation to about 7 pers cent. and 15 per cent., the depre ciation, it should be noted. is-cate culated on the original cost "67", steamers. For 1914 the dividend fell to 10.38 per cent., rising to "f1.43 per cent. in the following year, and reaching the high figare of 18.5 per cent. in 1916: The record was resch ed in 1917. when an average dividendTM of 19.24 per cent. was paid, and since that time the dividends paid hav fallen to a slightly lower level than those for the pre-war year 1913; :- Agures for 1918 and 1919 were 12:15 per cent and 12.47 per cent.. re spectively. The allowance for depress ciation amounted to 9.7 per cent, is 1914, and to 10.2 per cent. in 1915. In 1916 the figure reached was 17.3 per cent., while for the three follow- ing years the figures were 13 pet cent.. 4.3 per cent.. and. 5.85 per cent, respectively. With regard t future prospects of stripping com- panies it is estimated that, in the cur- rent year, some 12,000,000 tocis dead- weight of shipping will be built and placed upon the trade routes of the world, and it is not unreasonable to anticipate that this will have a con siderable effect upon freight rates. In view of the present enormous cost of constructing new shipping, the action of those owners who have sold their fleets is not surprising, though it must be admitted that the purchasers are

DOUGLAS STEAMSHIP CO., LTD. generally men of considerable busi

HONGKONG & SOUTH CHINA COAST PORT SERVICE. Ruanodation for Flat Olass, Mootle light coal fans in onlarcon EGULAS SERVICE of Fast High Clam Court beamers having good and Saloons. Excellent Cuisina.

MTRANSHIP

TIEONG HAICHLIG...

1

SWATOW, AMOY & FOOCHOW

AND RETURN. (Occupying 8 to 10 Days)

CAPULIX

XRAVING.

[Capt. W. 10. Pazamore.... TUESDAY, 18th March tip

Capt. A. H. Stewart..... FRIDAY, 19th March at 1 p.m.

SWATOW, AMOY. Arrivals and Departures from the Company's Whar! (near Blakā Pior).

TO FREIGHT and PASSAGE apply to—

@marci. Mənaqura.

DOUGLAS LAPRAIK & Co.

ness ability. Some interesting figures relating to the cost of construction during the last 20 years have been given by Messrs. C. W. Kellack and these we gather that the cost of * Co. of London and Liverpool. From

complete new 7,500-ton cargo steamt- er was lowest in the middle of" 1908, the figure at this time being £36,500. Immediately before the outbreak of war. the cost of a similar ship would have been about £42,500. The cost had risen to 560,000 by the end of 1914, and had more than doubled. this figure by the end of the following year. By the end of 1916 the cost had risen to £187,500, but declined somewher after this time, the figures for the ends of 1717 and 1818 being £165,000- and £169,000, respectively. In 1919 a further enormous rise in "cost"be- curred, so that, in December last; a

have cost about £232,500. which is ax or seven times the cost of a sini. lar vessel in 1908. With these Bgures" in mind and also remembering. "the greatly increased cost of working, it is not difficult to imagine the effect of a reduction of freight rates in the future. Engineering.

LOS ANGELES PACIFIC NAVIGATION COMPANY | AMERICAN & ORIENTAL LINE, boer of the size above-mentioned wosht

DIRECT

THROUGH SERVICE TO ALL OVERLAND-POINTS

VIA

PORT OF LOS ANGELES, CALIFORNIA, USA. Operating the following FAR EASTERN SERVICE for the account of the United States Shipping Board.

B. S. "WEST MONTOP," loading about March 18th. 8. 8. "WEST HIKA, loading about April 15th. Through rates quoted and through Bills of Lading issued to all overland points in the United States.

OFFICES-SINGAPORE, MANILA, SHANGHAL, KOBE HONGKONG OFFICE:-3rd Floor, Prince's Buildings,

Chater Road, Telephone No. 1062. UBAS. E. RICHARDSON, General Agent for South China"

萨

TOYO KISEN KAISHA.

SAN FRANCISCO LINE BHANGHAI INLAND-SHA, JAFÄN "BA BONOLULU,

FAST AND LUXURIOUH MAIL STRAMRES, Ballings from Hongkong-Bubject to change without notice.

Steamers SHINYO 'MARU.

P. 37,000 §8IBERIA MARU............................ 30,000 *PERBIA MARU 8,000 KOREA MARU

tons

Lars Hongkong. m. 18t April.

lat April (from Yok÷bams). 18th April 20,000 as 100 TRETORN DE TERRAIN FO

3rd May, 24th May. Omitting call at Shangbal.

TEKYO MARU,000

From Kobe.

SOUTH AMBEJOÀN LINE, HONOXONG * ĮVALPARAISO E JAPAN, HONOLULU, SAN FRANUIBOO, BAN PROBO, BALIKO UBUZ, BALBOA,

CALLAO, ABIOA and (QUIQUE, PERS Thance by Trans-Andena Houte to Buenos Aires.

Tom

Leave Hongkong ANTO HARU määmmeniä 18,000 m. Mærðk" 19th, SEITO MARO mina big 1་་་པོ ད་-“མ-------T 11th KIYO MARU missions 17,300 m July

Hakuta sen Interchangeable with the Canadian Pacific Ocea Services, Ltd.

19th and the Pacific Mall Biesmenip Üo.

Pamongus may karol by rall between ports of call in Jagan free of charge.

FARIGHT SERVICE

Direct Freight Service to CUBA and NEW ORLEANS, via San Frano Babon and the Panama Canal.

May apply tow DAIGO, MAN20ER,

FOR BOSTON & NEW YORK, 28. "LUCERIO" via Suez. April 20. ORIENTAL AFRICAN LINE, INDIAN AFRICAN LINE.

Cargo carried on through. Bills of Tading from HONGKONG to BEIRA, DELAGOA BAT, DURBAN (Natal), KAST LONDON, PORT ELIZABETH and QAPE-TOWN, direct or with transhipment at CALOUTTA nd/or COLOMBO.

For particulars apply to :—

THE BANK LINE, LTD.

"ELLERMAN

LINE

(Ellerman & Bucknall Steamship Co., Ltd)

JAPAN, CHINA AND STRAITS

UNITED KINGDOM & CONTINENT.

FOR PARTICULARS OF BAILINGS 'SHIPPERS ARE REQUESTED TO APPROSOR THE UNDERSIGNED,

Fox

LONDON AND ANTWERP..." CITY OF NORWICH" LONDON li

Subject to change without noiden. -

Or to REIES & Co., Carboma

17th April, 12VAK BATAMA. 25th May.

THE BANK LINE, LTD.

-Gerers) ́Agents.

NEW YORK DIRECT.

JOINT SERVICE OF THE

"BLUE FUNNEL" LINE ((OCEAN BR. 00, LD & CHINA MUTUAL AN, CO, LD.)

AND

AMERICAN & MANCHURIAN LINE

(ELLERMAN & HUCKNALL 88, 00, LD.) BAILINGS' FRONSBONGKONG,

*ANTILOCHUS *·

Tim Schai

"CHARLTON HALLADTI Parisión *JABON

*." EURYMACHUA?

Calin at Boston an

15th March,

Het March. 10th April,

Besmees prood via Suot Canal or Panama Canal at Owners' options Fabject to change withónt nolipa.

De Pon frolebk, and

P.&O. S.N. COY.

THE Steakip

"BANCA " will be despatched from Hongkong on or about March 28th, Taking Cargo Throuch to MARSEILLES LONDON

and ANTWERP

For freight apply to

MACKINNON, MACKENZIE & CO.

No., Den Yarix Road Central, Telephone-19.

MEE CHEUNG HIGH CARE PHOTOGRAFIEE Ice House Street. ST1313.

Portrait taken in any Style desired

Photographic Supplies a -Every dasoription.

A FAMILY NECESSITY. TWERY family should be provided. Uwith Chamberlain's Pain Balt all times" "Sprains may be ented inTM much less time when promptly treated. Lame back, lama-ahoulder, pains, in be ide and chest, az rientatio, pains are wonde of the diseach forbich it is "pócially valuabia: #Try this liniment and become-soquainted with its citind you will never wish to be withost it For bile by "all- Chimik and, St

HONGKONG, Körpers,