1929-02-06 — Page 4

NYISLINE

THROUGH BOOKING TO EUROPE AT REDUCED RATES, £120, £112, 110, £102, £83, via San Francisco.

·G$440, G$420, via Japan and Seattle. SAN FRANCISCO via Shanghal, Japan Poris & Honolulu.

SHINYO MARU” „...............

.... Wednesday, SIBERIA MARU

... Wednesday,

20th February, 6th March.

LONDON, MARSEILLES, ANTWERP, ROTTERDAM vla

Singapore, Penang, Colombo, Suez.

HAKONE MARU (Calls Hull)

FUSHIMI MARU

Saturday, 9th February,

23rd February. Saturday, Saturday, 9th March.

SUWA MARU

SYDNEY & MELBOURNE via Manilla & Porta

KAGA MARU

Wednesday,

TANGO MARU

Wednesday,

20th February. 20th March.

BOMBAY via Singapore, Penang, & Colombo.

TAMBA MARU

Monday, Sunday,

11th February. 24th February, SEIYO MARU SOUTH AMERICA (West Coast) vin Japan, Honolulu, Los Angeles,

Mexico & Panama.

BOKUYO MARU

Saturday, 9th March.

SOUTH AMERICA (East Const) via Singapore, Cape Town & Ports,

Monday, 4th March. KAWACHI MARU

NEW YORK via PANAMA.

† KUMA MARU

+ CALCUTTA MARU

Sunday, Tuesday,

10th February.

19th February,

LIVERPOOL vla Port Said, "Geneva, Marseilles.

+ DELAGOA' MARU

Wednesday, 20th February.

CALCUTTA via Singapore, Penang & Rangóón, sin

↑ MALACCA MARU

† NAGANO MARU

SHANGHAI, KOBE & YOKOHAMA.

+ TAJIMA MARU

SADO MARU (Nagasak) direct)

Saturday, 9th February. Friday, 15th February,

Saturday, 9th February. Friday,

15th February.

10th February. ...Monday, 18th February.

KANAGAWA MARU (Moji direct), Saturday, HAKUSAN MARU

+Cargo only.....

Reduced 1st Class Excursion Rates quoted between Manila and Australia.

For further information apply to-NIPPON YUSEN KAISHA.

Tel. Central No. 292 (Private exchange to all departments.)

S. K.

BETTER TRADE ́

THE CHINA MAIL,

SHIPPING.

SHIPOWNERS AND PROSPECTS

**FOR 1929

TRAMP TONNAGE

SECTION

be expected to secure tonnage for the conveyance of this coal.

"The combined price of, 248 por ton leaves a difference of 14a per ton, and which would certainly loave a handsome profit after pay ing all possible charges for handling, insurance, &c. Montreal le al ready receiving the attention of was in a serious plight' during the coal exporters with satisfactory re- early months of 1928....

sults. St. John's, Newfoundland, and St. Johp, N.B., may be instanc- Breakle up' Tonnage "Once again during the worsted as ports where British coal for period of the recent depression we bunkering and other purposes might heard the vote of those who con- obtain a footing.

Wages

tinue to advocate as a palliative "The cost of new tonnage declin. While Sir Walter Ranciman, not as a cure for this depresed during the first eight months of Bart, is optimistic enough to fore-alon the breaking up as against the 1928, until the reduction represent- cast better trade generally in 1929, disposal by sale (and especially by ed a total fall of about 7% per cent. Since October the he sounds a warning note in real to foreigners) of tonnage re-as compared with the cost in De- gard toʻtaxation, urging the Govern- yarded as approaching the end of cember, 1927.

Leaving. aside cost of new tonnage has risen, and ment to repeal the present system its useful career. of confiscation and taxation of the feasibility of arranging aithe prices may be put at about trade which began in 1909, and has scheme which would in practice be 5 per cent, only less than those

found to be workable, recognising, ruling at the close of 1927. been raging ever since.

Mr. W. Ropner, from the stand- however,,.that to be effective it

"Wages of seamen and, firemen point of a cargo tramp tonnage would require to embrace all the owner, states that shippers are shipowning.countries of the world have remained stationary at about showing confidence in the future by (since otherwise it would benefit 70 per cent. above pre-war level. taking up tonnage ahead at rates of those who retrained from joining at The advance, therefore, compares |freight which, all going well, should the expense of the adherents to the favourably with that which has By such con- been secured in the majority of result in a reasonable margin of volley) Leavfog, 1

siderations hide, it is surely evid-large and unsheltered tradea, but profit to shipowners.

ent that no-permanent benefit to having regard to the feeling of con- shipowners could result from such fidence which exists between m action, for. If by such means it were players and employes, it la not possible to ensure that shipowning grudged, since this confidence en- would be profitable in bad times abies the shipowner to make his cal- without the constant and still more profitable in good culations

war.

this has

࿐॰ ༥༢;'

DAY, FEBRUAR

FAST LUXURIOUS SERVICE

-to America

and Europe

Tics of Europe avail "RAVELLERS bound for

themselves of speedy and com-. fortable service when they go Canadian Pacific,

A

The White Empresses are the largest, newest and fastest liners on the Pacific. They cross from Yokohama to Vancouver in 9 days from Shanghai to Van-, couver in 14..

These ships connect, with the summer trains, Trans Canada Limited" add **Mountaineer,” at-Vancouver,"enabling

•! Dessengers to make the earliest sailing of a Canadian Pacile Atlantic liner,

CANADIAN PACIFIC

Cumée Padder Street and Chater Road HONG KONG

· Teisphons Central 759. GREATEST

"WORLD'S

TRAVEL SYSTEM

The Burden of Taxation Sir Walter Runciman, Bart., writes:-

"My opinion is that in 1929 we shall have, in a general way, bet- ter trade from all directions than we have had since the end of the times, shipowners would have arriv-dread that these may be upset by There are evidences of crea-ed at such a happy and secure strikes. During the worst period of tive enterprise spreading slowly, position that new and unlimited the depression, it became increas- but surely, in all parts of the world capital would flow into shipping ven-Ingly difficult to refrain from aak- (Soviet Russia excepted), which has tures and the result. would be a su-ing for a reduction in wages, much already begun to reflect on this perfialty of tonnage greater than as shipowners would have regret- ted the necessity for taking auch a country, and will continue to flow ever:

step. in the national, interests, if the

Not The Worst

I ventured to forecast that 1028 Government will wisely revert to "The advocates of breaking up the ordinary natural laws of finan- would then be driven to suggest would prove a moderate year for ¡cial life and repeal the 'illegal, out-breaking up at a still earlier age, cargo tramp owners:

rageous, blood-sucking system of regardless of the waste of wealth. proved to be the case. Shippers are confiscation and taxation of trade No, we must hot offend against showing confidence in the future by which began in 1909, and has been economic laws, but as in the past, taking up tonnage ahead at rates raging ever since.

patiently bide our time until the law of freight which, all going well, "It is more crimeful to violate an of supply and demand asserts it should result in a reasonable mar through gin of profit to shipowners, and al- The depression eternal law of life by Act of Parlia-self. ment than it is to defy a ramshackle which I hope we have now success though it is scarcely to be antici- LONDON, HAMBURG, ROTTERDAM & ANTWERP Via Singapore polley that paralyses trade, enter- fully passed, was not by any means pated that there will be any con- prise, and throws thousands of men the worst which we have experi-siderable advance upon rates at and women out of employment, and onced as shipowners, as witness the present ruling in the larger trades, a vast community pitilessly Into starvation years of 1892-1899, or it would appear probable that we shall not at any time experience a poverty and starvation. It is de-again 1908 and 1909.

TUES. 5th- *^TUES. 19th "The very interesting and vitally slump such as was encountered in cidedly a worse crime for a Gov-

SUN. 1.24th whether

THURS, 14th ernment,

Conservative, Important competition for suprem-

"The new tonnage ordered re Liberal or Labour, to pledge the acy, as - between coal and oil

cently as a result of the increased

Regular Service of Fast, High Class River Stonmers Having Good Ac- continues, tramp tonnage country's credit in financial obliga- for.

account of the older and well-rooms and Saloon. The sa. "Tat Hing" is fitted with Wireless. tions that are manifestly wrong, and is being watched close-confidence, has in the main been for commodation for First Class Passengers. Electric Light and Fans in State- than it is for any trading company y

all concerned africe

These vessels leave Hong Kong for Wuchow (via Samahui, Shiuhing, managed firms which can be relied or private person to do the same owners. are naturally, desirous

upon to put up a stout fight against Takhing & Doing) and return to Hong Kong, (vis same, Ports) every five stupid thing.

of avoiding "saddling themselves

Fares for round trip (not including rícola) '$20 Meal & Wines aro "We

without

doubt with vessels which might prove in any attempt to betray them into

playing Into the hands of those to be obtained on board. the heaviest taxed country, capable of roompeting, on level whose interest lies in the reducing Eong Kong Arrivals and Departures from Hol On Whart

and Indirectly, in terms with tonnage. with an engine

SAILINGS FROM HONG KONG SUBJECT TO ALTERATION.

Colombo, Suez and Port Said. ATLAS MARU AMAZON MARU

Friday, 8th February. Sunday, 10th March,

RIO DE JANEIRO, SANTOS & BUENOS AIRES-Via Saigon, Singapore,"

Colombo. Ducban & Cape Town.

MONTEVIDEO MARU (Omits Saigon) Friday, 8th February.

BOMBAY-Via Singapore & Colombo.

SUMATRA MARU

• SHINNOH MARU

(Calls at Penang and Karachi).

Tuesday, 10th February. Wednesday, 8th March.

DURBAN, LOURENCO MARQUES, BEIRA, DAR-ES-SALAAM, ZANZIBAR

&MOMBASA-Via Singapore & Colombo.

PANAMA MARU

... Thorsday, 28th February.

CALCUTTA Via Singapore, Penang & Rangoon

KASADO MARU

GANGES MARU ·

Monday, 18th February, Monday, 4th March.

VICTORIA, SEATTLE, TACOMA & VANCOUVER Vin Japan Ports.

LONDON MARU

Tuesday, 19th February.

MELBOURNE-Via Manila, Brisbane & Sydney.

HIMALAYA MARU-

BANGKOK Via Saigon.

HAIPHONGV Hoihar & Pakhel,

MENADO MARU VEF

NEW YORK-Via Japan, porta. Ban

JAPAN PORTS

ALASKA MARUITU

BATAVIA MARU

KEELUNG-Vis SWATOW & AMOT.

HOZAN MARU

CANTON MARU

TAKAO-Via SWATOW & AMOY.

TAKAO & KEELUNG

DELI MARU

BATAVIA MARU

Wednesday, 6th February,

Thursday, 14th February 10 a.m.

Francisco, & Panama

Tuesday, 12th February. Monday, 25th February. Sunday, 7th February Noon, Sunday, 17th February Noon.

Thursday, 7th Feb:-8 a.m.

Monday, 26th February.

For further particulara please apply to09AKA SHOSEN KAISHA. Tel. Central No. 4088, 4089, 4090.

M. TAKEUCHI, Manager.

American Express

Travellers Cheques

"Sky-blue" in colour, these Cheques give travellers the fullest protection against the loss or theft of their travel funds. They are spendable and acceptable everywhere. For more than 86 years travellers the world over have found personal service and financial security thru their use.

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"

THE AMERICAN EXPRESS CO., INC.

4, DES VOEUX ROAD CENTRAL, Hong Kong.

SHIPBUILDERS, SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE, AND ELECTRIC WELDERS, MECHANICAL, AND ELECTRICAL

ENGINEER

VANNI BRAĆ

directly

are

by

1928.

2

the world, And this is to be ac-more economical than that with of rates of freight to a minimum.”

The Imperial New Year! counted for by the deplorable decay which

租

their ownE -tonnage

w

BRITISH WUCHOW LINE

SAILING DATES FOR FEB., 1929 (Subject to change). DEPARTURE HOURS: Hong Kong 5.30 p.m., Wuchow 2.00 pain.

SS. TAI HING”...-

S.S. "TAI MING”. [649 tons Capt. G. J. Spink.] [1,068 tone-Capt. 0. B. Wilks.T

FEBRUARY... FEBRUARY.

For Information apply to

87, Connaught Road" Wefts

Phone: Central B92......

M.M. SHIP AGROUND,

'FRI.

8th FRI, 22nd 17th SUN.

WED. 27th

KWONG WING

tex

CONSIGNEES NOTICES.

in the art of sound nationalne might be fifted. As dwellers The Hon. P. Larkin, High Cont tincts of finance. That was the in coal producing country, missioner for Canada, days --- datingulahing genius of the fate and having regard to the large "The process of strengthening Mr. Gladstone, who made this coun-amount of hemployment in the Imperial ties is not like New try the envy of the world."***

coal trade, our earnest wishes Year resolution a matter of spora fulfilment of rational ambition, & Situation Saved

should go out for the triumph of die inspiration, guaty vagaries, and progressive growth. in Imperial.. Reviewing the year from the coal. Incidentally, I find that the the petering out of good intentions. prestige, and a promotion of all the

Consignees of Cargo ex M.V. standpoint of a cargo tramp owner, j vessels' of our own fleet consume For the Dominions and the Mother economic and social factors which Mr. William Ropner, of Sir R. over a third of a million tons of land every day is, in a sense, a New are comprehended in a common "Remo" ara, reminded to take delivery of their goods which will Ropner and Co., Ltd., West Hartic-coal annually; and of this quantity Year's Day of hope and fulfilment. loyalty and a common alm.

be subject to rent after Feb. 10. pool, says!--

probably about, a quarter of a 'mil-Nevertheless there is a sentimental "Were we to look for justifica-lion tons" is British, representing significance in the coming of a new

Consignees of Cargo er M.V. tion of the saying that its the unex- the entire annual output of a large calendar year. We are justified in

"Java" are reminded, to take pected that happens, we should colliery pa

pausing for a while to look about

Moji, Yesterday. · delivery of their goods which will aurely find it in the experience of

Fulverised Fuel

us to lean for an instant on the

The Messageries Maritimes be subject to rant after Feb. 10, shipowners during the year now

"Several devices for the, use plough and glance back upon the closing, Who amongst us would of cold in pulverised form for the furrow and think again upon our mail steamer General Met 4 pm. have dared to anticipate that the last propulsion of Vessels are on the past and upon our purpose. And zinger," from Shanghai, went few mpntha of 1928 would come to market some, it is asserted, have those of us who reflect impartially aground ten milen off Moji the rescue, and that as a result the passed the experimental stage and and with a clear mind cannot but Salvage tugs have been despatch There are only three first. year, which at one time threatened are proved to be a commercial sue- feel that the Empire is sowing and ed. to be disastrous, would be saved cess, but dbustless these will as a reaping as happily and courageous-class and seven second-class-pas from inclusion aniongst the worst result of further Experience at sea ly as its well-wishers would have it sengers on board-Reyter. ever experienced by shipowners.

be improved upon. Whether the do... better course be to ship the bunker We have our ideals, but they are

The Chamber of Shipping index figures show that the figure for

{

Consignees of Cargo ex 5.5- Poletic" are reminded to take be subject to rent after Feb, 11. delivery of their goods which will

•

H.M S. "Cumberland," one of Consignees of Cargo ex 8.5, are reminded to take coal in a pulverised form, or for not beyond the measure of what we the five new cruisers on the China "Benledi January, 1928, was 108, this being each vessel carry the machinery have already achieved, and as the Station, arrived at Saigon yester-delivery of their goods which will

be subject to rent aftor. Feb. 12. low as compared with the average necessary for pulverising, must be years pass we are a record of the day from Singapore, for the whole year 1927; yet this one of the first questions for deci figure dropped steadily, until in sien.

May the extremely low level of "It would appear that to equip 102 was reached. Then occurred each vessel.wiin/costly pulverising the welcome recovery, the rate machinery, occupying space which steadily rising, until in Octo would otherwise be available for bor 116 was reached, and cargo or bunker-coal is a wasteful next ascertainments will method as, compared, with the erec- the undoubtedly show that this tion of urge pulverising plants at figure has been passed. It will be the coal shipping, centres.., At recognised that tramp shipowning present,' Course such facilities are wanting, and in consequence some owners may desice to carry

-DRY DOCK-

THE TAIKOD DOCKYARD & ENGINEERING COMPANY

OF

LIMITED. HONGKONG, LIMITED.

Tal Ad

HONG KONG.

Length 787 Feet. Length on Blocks 750 Feet, Depth on Centre of

****** Sill (H.W.0.8.T.) 84 ft. @ Ins. THREE SLIPWAYS

Capable of Handling Ships Up

to 8,000 Tons Displacement. Electric Crans at Sea Wall, Capable of Lifting 100 Tons at 70 Feet Radius.

BUTTERFIELD & SWIRE,

BANK LINE LTD.

AGENTS FOR

their own 'ed(fíorients. The po ELLERMAN & BUCKNALL S.S.

sibility at Berlong, accident' by 'ex- ploaton must in any event be care fully guarded against. It will pro bably be found easier to avold this risk where als carry their own puivertithichifery,

| @"But $7981; as is the progress which in beingods in the econo mical: "praphisk of cargo tramp Vessels, Teskel of the motor or steam tynd the forward stride world Appear to to that which was made some 40 ago when the triple expansion en- gine

aperseded the õla und type.

Edal? |this country might,

turn their attention

of the possibility??bi banker coat MoM Báms dian; and whereup ine Bởi kh

as compared withi nager At San

the

CO.,

LTD.

ELLERMAN LINE

'9th February.

sp doen danne nuk SAILINGS SUBJECT TO ALTERATION WITHOUT NOTICEAE, dibangun temal

UNITED KINGDOM & CONTINENT: 10nyoda v 8. “CITY OF MADRASHANTI

London, Rotterdam, Amsterdam & Hainburg SS "CITY OF PEKINES London, Rotterdam, Amsterdam & Hamburg 8.8. "CITY OF KHARTOUM” London, Rotterdam, Amsterdam & Hamburg A S.A. "CITY OF DELHI".... London Rotterdam; Amsterdam: & Hamburgu.

NEW YORK, BOSTON, & BALTIMORE

S.E. "CITY OF GUILDFORD"

via Suez Canal

ALSO AGENTS FOR

9th March

·9th April-'?'. 9th May.

„AMERICAN & MANCHURIAN LINE

AMT March.

ANDREW WEIR & CO.

SERVICES TO

BOSTON, NEW YORK & BALTIMORE

88 MYRTLEBANK", TSS. "ELMBANK”, 488 NAIRNBANK”

vía Sues · Canal

vin Guez Canal

via Suez Canal

MAURITIUS & SOUTH AFRICA

8.8. TINHOW"

Loading for

AMERICAN & ORIENTAL LINE

15th February. 25th Febrinar,

FRICAN LINE

ORIENTAL

London, Algoa Bay (For

2nd April

PENN.

THE BANK LINE ITD.