1929-07-19 — Page 4

NYKLINE

REDUCED THROUGH TICKETS TO EUROPE VIA U.S.A. VARYING

"

FROM £83 TO £120 ON SALE

SUMMER EXCURSION BATES

From Hong Kong to Shanghai

and return

NugaBaki . Moji Kobe Yokohama

.H.K.3120 165 190

210

235

*

נן

TI

SAN FRANCISCO via Shanghai, Japan Ports & Honolulu.

Wednesday, 24th July, SIBERIA MARU

Wednesday, 7th August. SEATTLE, VICTORIA via Shanghai & Japan Ports.

TAIYO, MANU

MISHIMA MARU

IYO MARU

29th July. 12th August.

Monday, Monday,

Saturday, 27th July. Saturday, 10th August.

LONDON, MARSEILLES, ANTWERP, ROTTERDAM via

Singapore, Penang, Colombo, Suez. SUWA MARU

FUSHIMI MARU

SYDNEY & MELBOURNE via Manila & Ports.

AKI MARU

KAGA MARU

Wednesday, 24th July. Wednesday, 21st August.

BOMBAY via Singapore, Penang; & Colombo,

+ NAGATO MARŮ

TAMBA MARU

Saturday, 27th July. Sunday. 11th August.

SOUTH AMERICA (West Coast) via Japan, Honolulu, Los Angeles,

Mexico & Panama. BOKUYO MARU

NEW YORK, BOSTON via Panama,

↑ ATAGO MARU

† KUMA MARU

Monday, 19th August.

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

Friday, 9th August. BINGO MARU

23rd July. 4th August.

20th July. CALCUTTA via Singapore, Penang & Rangoon,

Thursday. 8th August, † BENGAL MARU

Tuesday, Sunday,

Saturday,

LIVERPOOL via Port Said, Constantinople, Genos,

† DURBAN MARU

SHANGHAI, KOBE & YOKOHAMA.

† AKITA MARU (Kobe direct).... Friday, KAGA MARU (Nagasaki direct) HAKUSAN MARU

+ Cargo only.

Reduced 1st Class Excursion Pates

For further information apply to

19th July.

Friday. 19th July, Monday, 22nd July.

quoted between Mantle and Australia, NIPPON YUSEN KAISHA.

Tel Central No. 292 and 3897. (Private exchange to all departments.}

0.

S. K.

SAILINGS FROM HONG KONG SUBJECT TO ALTERATION.

LONDON,

HAMBURG, - ROTTERD AM & ANTWERP Via Singapore Colombo, Sues and Port Said.

ALTAI MARU

ATLAS MARU

Sunday, 21st July. Sunday, 11th August

BIO DE JANEIRO, SANTOS & BUENOS AIRES Via Saigon, Singapore,

Colombo, Durban & Cape

MONTEVİDEO MARU :-

BOMBAY Via Singapore & Colombo.

SHUNKO MARU

Town.

Tuesday, 30th July.

Friday, 19th July.

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

BAR & MOMBASA-Vis Singapore & Colombo. CANADA MARU CALCUTTA Via Singapore, Penang & Rangoon.

Tuesday, 6th August.

THE CHINA MAIL,

SHIPPING

SHIPPING'S FUTURE

LORD KYLSANT'S BELIEF IN THE INDUSTRY

11

S. AMERICAN MARKETS

in

SECTION.

their value is what they are worth to this company.

You will notice from the balance-sheet that these invest- ments are under cost, and I can sup- plement this by saying that they also stand in the company's books at loss than their fall nominal value."

The reserve fund remains at £1,450, 000, whilst the insurance fund now stands at £1,381,

1,719,

Rio de Janeiro, the magnificent capital city of Brazil, with its wonder- ful harbour and beautiful setting; Buenos Ayres, the largest city in the Southern Hemisphere and the sixth in magnitude among the cities of the world, with its modern and imposing architecture, and the great estuary of the River Plate, in addition to the attractions of many other ports and of places on the eastern seaboard South America, should draw an in- creasing number of visitors each year. For those able to go further afield, the cities of Chile and Peru can be visited by the passenger vessels of our aa- sociated company, the Pacific Steam Navigation Company, which was in- corporated by Royal Charter in 1842, or by the modern railways crossing the Andes from Buenos Ayres.

over

has

in

29

this

The Rt. Hon. Lord Kylaant, G.C.M.G.

General Carge Improvement (chairman), who presided over the

The total tonnage of general cargo Last year I referred to the nequisi. annual meeting of the Royal Mail

to Steam Packet Company, Ltd., said:tion of the White Star Line, by the carried outwards by our vessels

purchase of the share capital of the South Americs showed some improve- Since last we met, we have lost an pur

Steam

Comment Navigation

the

previous year. old and valued colleague by the death Oceanic

pany, Limited, through which, in ad- Homewards a slight decrease of Mr. J. W. Clark, who had been con-

recorded dition to the position occupied by the volume

be to nected with the company for close

with 1927%- but White Star Line on the North At-compared Mr. Clark was upon half a century,"

lantic route, we are enabled to resume is largely accounted for by the com- general manager of the company for

a many pany's vessels having conveyed a directo

our old association of very years, and became

years' standing with the Australasian lesser proportion of low-rated cargɔ. 1922. Mr. Clark devoted practically

trade. These Australasian interests On the other hand, our homeward a lifetime of faithful service to the

.have since been substantially augment-carryings of the better classes of gen- company, and I personally, and my

ed by the acquisition last

eral cargo improved. year colleagues on the court of directors,

This company and its associated will miss his ripe experience and sound through White Star Line, Limited, of

nearly the whole of the balance of shipping companies continued tu judgment.

the ordinary share capital of Shaw secure a large share of chilled and Savill and Albion Company Limited, and the purchase of the Australian Commonwealth Line of Steamers, with its fleet of seven modern vessels..

various services in which the company is engaged were fully and regularly maintained throughout the past year.

In September next, this company will celebrate the 90 anniversary of its incorporation by Royal Charter Victoria in 1839, granted by Queen

so that to everyone connected with the company's world-wide organisation the

year is

one of more than -present

ordinary interest.

For several generations the Royal Mail Steam Pecket Company has been great closely associated with the

to and republies of South America, from which its vessels have conveyed mails, passenge of nearly 80 years, 50 and cargo for an unbroken period that in the progressive development of trade oor Anglo-South American

a vitally im- company has played portant part.

This is the 7th annual meeting over which I have had. the honour to pre- side as your chairman.

Since the early years of the presnt century the ramifications of the com- pany have been gradually extended, until to-day the Royal Mall and its associated shipping companies own in the the larges: mercantile fleet

traverse world, the vessels of which practically every sea, and are engaged and passengers in carrying maile, merchandise to and from all corners of the earth. In this connection the embodiment of the motto "Per mare ubique" in the coat-of-arms recently granted to the company by the College of Arms and graciously au- thorised on behalf of His Majesty the King, is appropriate.

Accounts

The accounts, which have been in your hands for some days, sat out the position clearly, and it is unnecessary for me to deal in detail with the in- dividual items.

VICTORIA, SEATTLE, TACOMA & VANCOUVER-Via Japan Ports from part of foren lebenture inter-

-Via Manila, Brisbane & Sydney. HIMALAYA MARU

MELBOURN Shanghai.

HAIPHONG...Y!a Heihow & Pakhoi.

MENADO MARU

NEW YORK-Via Japan ports, San

HAVANA MARU

JAPAN PORTS

INDUS HARU

KEELUNG-Via Swatow & Amoy.

HOZAN MARU

CANTON MARU

TAKAO-Via SWATOW & AMOY.

TAKAO & KEELUNG.

Wednesday, 7th August.

Thursday, 26th July, 10 a.m. Francisco & Patania.

Friday, 19th July.

Wednesday, 24th July.

Sunday, 28th July, 3 p.m. Sunday, Bist July, 3 p.m.

For further pariculars please apply to-OSAKA SHOSEN KAISHA.

Tel. Central No. 4985, 4089, 4990.

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 36 years travellers the world over have found personal service and financial security thru their use.

Issued in G.$ro, G.$20, G.$50, G$100, and £5 and £10 denominations-bound in a small handy wallet and cost only 4 of r per cent. Secure your steamship tickets, hotel reservation and imeraries; or plan your cruise or tour through THE AMERICAN EXPRESS CO.,

4. DES VOEUX ROAD CENTRAL, Hong Kong.

SHIPBUILDERS,

SHIP REPAIRERS, BOILER MAKERS, FORGE MASTERS, OXY-ACETYLENE, AND

ELECTRIC WELDERS, MECHANICAL, AND

ELECTRICAL ENGINEERS.

INC.

The results for the year 1923 re- flect the difficulties with which Bri- tish shipping still has to contend, in- cluding the continuance not only of high costs of operation, but of in- tensified competition in the South American trade, particularly on the

lines.

After pro- viding for taxation, est, and Preference dividends, we re commend the payment of a dividend on the Ordinary stock which, with the interim dividend already paid, will make a total distribution for the year of five per cent. less income tax, the same as for the previous year.

You may have observed that the auditor has mentioned in his report that the provision for depreciation of the fleet during the year under re- view was at a lower rate than hitherto. During past years we have been able to reduce the book value of our fleet to such an extent that it was found ssible to maintain the average of per cent. depreciation per annum without making so large a provision during 1928 as we have done in most The total sum years in the past. written off the fleet, including the de- preciation provided for 1928, amounts to more than five per cent. per annum on the original cost. I am sure that provision is you will agree that this zdequate, paticularly in view of the fact that the rate of depreciation for ships which is considered sufficient by the Board of Inland Revenue is only four per cent. on the prime cost.

AF

vidence of the adequacy of our pro- vision for depreciation, I may mention that prices considerably in excess their book values have been obtained for the two vessels sold since the close of the year.

You may also have noticed the auditor's comment regarding the com- pany's investments in allied shipping companies.

The

ments

frezen meat shipments from South America. Whilst the quantity of meat shipped froin South America shows no present tendency to expand, it is satisfactory to find that the range of products carried under refrigeration from Argentina and Brazil is steadily increasing in the form of both dairy produce and fruit, for the conveyance of which our vessels are particularly adapted.

залет

Passenger Traffic During 1928 there was no marked variation in the volume of first and

We have, as you know, taken a pro- second clase passenger traffic to and from South American ports, but by minent part in the development of the our intermediate service from Liver North Pacific coast service, in com-! pool we secured satisfactory comple-junction with our friends, the Holland- apple Last year's of passengers.

The total America Line. volume of emigrant traffic to and from trop on the North Pacific seaboard South America does not show much was an exceptionally good one, and Aluctuation from year to year.

were available for large quantities

In addition to our regular export. service, we despatched a number of fully-insulated vessels to supplement our regular service, which vessels, I om pleased to say, secured full cargoes.

Maintenance of Fleet As in past years, particular atten- tion has been paid to keeping the units of our fleet in first-rate condi-

tion,

WHEN YOU ARE ON LEAVE

keep in Touch with Hong Kong and China affairs by subscribing to the OVERLAND

CHINA MAIL

ILLUSTRATED

-JUST REORGANISED.

3 Months $ 3.75) 6 Months $ 7.50 12 Months $15.00

including Postage.

Newspaper Enterprise Ltd.

China Mail Offices, 3.A. Wyndham Street.

were 10

The steamers "Cardiganshire" and "Carmarthenshire," which longer suited to the company's re- quirements, have been sold for whaling purposes, whilst the "Teviot" was dis- posed of for breaking up.

The company's fleet now comprises forty-two vessels of $32,955 whilst the fleets of our associated

tons,

shipping companies aggregate 2,337,- |

FRIDAY, JULY 19, 1929.

CANADIAN

PACIFIC

SHORTEST AND QUICKEST BOUTE ACROSS THE PACIFIC

TO VICTORIA & VANCOUVER

17 Days Hongkong-Vancouver, 14 Days Shanghai-Vancouver 11 Days Kabe-Vancouver, 9 Days Yokohama-Vancouver Y'hama Kabe Hong Kong S'hai

Loave Leave

•

EMPRESS OF FRANCE EMPRESS OF RUSSIA EMPRESS OF ASIA EMPRESS OF FRANCE EMPRESS OF RUSSIA EMPRESS OF ASIA EMPRESS OF CANADA "EMPRESS OF RUSSIA

EMPRESS OF ASLA EMPRESS OF CANADA

EMPRESS OF RUSSIA EMPRESS OF ASIA EMPRESS OF CANADÁ,

V'ver

Leave

Leave

12

18

Nov. 2 Nov. 16

Arrive July 31. Aug. 3. Aug. 6 Ang. B

Aug. 17 Aug. 21. Aug. 24 Aug. 27 Aug. 29 Sept. 9 Sept. 4 Sept. 7 Sept. 10 Sept. 12 Sept. 21. Sept. 25

15 Sept

28 Oct. I Oct. 3 Oct 9 Oct. Oct. 80 Nov.

Oct. 12

Oct. 15 Nov. 6

Oct. 17

Oct. 28

Nov 7

Nov. 16

Nov. 19

21

Nov, 20

NOY. OU

Nov. 27 Nov. 30

Dec.

Dec. 18

Jan. 15 Feb, 5

Dec. 21 Jan. 18

Dec. 24

3

Dec.

26

Jan.

Jan. 21

Feb. 8

Feb. 11

Feb. 19

Feb. 20 Mar. 1

Mor. 4

Mar. 12 Mar. 15 Mar. 18

Dec. D

Dec. 14: Dec. 14

Jan.z 23

Feb.

Feb. 22

Mar. 6 Mar. 15

Mar, 20 Mar. 29

(E/Arts and E/Russia call at Nagasaki the day after departure from Shail' Atlantic sailings from Montreal and Quebec every few days to Liverpool, Southampton, Glasgow, Antwerp, Cherbourg and Hamburg

"

2

Special Round Trip-Summer Fares.

11

and Return

H.K. $120.00

K.K. $165.00

11.K. $210.00

From Hong Kong to SHANGHAI NAGASAKI KOBE YOKOHAMA

H.K. $236.00 Tickets sold at "above rates will be valid for return passages up to

Final limit of sale 25th September, 1929. 80th September, 1929.

HONG KONG MANILA SERVICE

Leave Arrive Hong Kong Manila

July 23 Aug. 13

Leave -Arrive Manila Hong Kong

July 25

Aug. 15

EMPRESS OF FRANCE EMPRESS OF RUSSIA

July 28 Aug.. 16

July 28 Aug. 18

CANADIAN PACIFIC EXPRESS.

TRAVELLERS CHEQUES PAYABLE THE WORLD OVER

THE SAFEST AND MOST CONVENIENT WAY TO CARRY FUNDS.

Passenger Department: Freight and Express:

Tel. 0.752 Tel C. 42

Cables: "GACANPAC."

Cables: "NAUTILUS."

BRITISH WUCHOW LINE

JULY SAILINGS

DEPARTURE HOURS:

Hong Kong 5.30 p.m. Witchov 2.00 p.m

8.8. TAI HING"

[1,088 tons-Capt. Trott.]

SUN. 21st

The Sai Kong (or the West River)

FRI.

736 tons, making a total of $2,890,692 is the third largest river in the Chin- tons gross register, excluding shipseae Republic and second only to the now under construction.

number of

men

During 1928, the vessels of this Yangtze in importance. This magni- mercantile fleet traversed over 20,000, ficent trade route was opened to for- 000 miles, made nearly 70,000 calls at eign traffic in 1897, but how many various

in the world, and carried foreigners travel on this important early 1,500,000 passengers, and just

The scenery along the under 15,000,000 tons of cargo. The waterway? average

employed route is beautiful. We recommend it dally on the ships was over 80,000, and to any person who wishes to spend a the average daily, number employed on

short and economical holiday, shore was nearly 28,000. These are interesting figures, and show the great scope of the..company's business and connections.

(To be Continued.)

CONSIGNEES' NOTICES

SHIPPING DISPUTE

LORDLY BROTHERS REFUSE TO SPEAK

R.M.S.P. DISPUTE

Consignees ai cargo ex 2.8, "Benulder" are reminded to take delivery of their goods which will be subject to rent after July 20.

Consignees of cargo ex s.s. "City

London, Yesterday. to take Though hampering Government re- of Bedford" are reminded

Baron Kylsant and Viscount St. strictions

in many delivery of their goods which will be are encountered countries, emigrants

Davids met to-day at a meeting in the the subject to rent after July 21. Peninsula and Central and Eastern Consignees of cargo ex s.. "City Cannon Street Hote! of Royal Mail Europe

of Tokio are are conveyed to the South

reminded to take Steam Packet debenture holders, which American Republics at a low rate of delivery of their goods which will be was largely attended in view of the dis-

from

passage money, and our company subject to rent after July 22.: pute between the two brothers,

of

the Consignees of

5.3. ex maintains a high reputation for

cargo are reminded"

to good treatment afforded to these emi- "Viminale"

take

It was noticed they did not greet, grants.

delivery of their goods which will be each other and did not exchange a

word throughout the meeting. As you know, competition for pas- subject to rent after July 22. sengers in the South American trade has, for some years, been exceptionally Bevere,

and shows ..:.little

sign diminution. Whereas, prior to the to and from South America were practically restricted in their choice to British or German vessels, large and fast vessels of several nationalities have since been placed on this route, and, in great or leas measure, these foreign shipping companies receive support at the hands of their respective Govern-

war, passengers travelling OLD TAYLOR

ments.

to

Our fine passenger vessels of over 22,000 gro33 register tong "Alcantara" In most cases, the allied

and "Asturias," and shipping companies in which we the other "A" -vessels ΟΙ our hold ordinary shares, are elther entire-

mail fleet, continue to

be popu ly owned or controlled by this com-

with the South American Those shares are therefore not

travelling pany.

but public,

we realise quoted on the Stock Exchange, and the necessity of continually keeping fully abreast of modern requirements as regards both the size and, speed of our passenger vessels in order maintain the premier position in the trade that we have held for so long, We intend to lay down shortly one new-passenger vessel (or possibly two) for four South" "American mail service which, in speed and equipment will uphold the traditions of this old. company in the South American trade. Last year I referred to the five, new motor passenger ships which our ass sociated company, the Nelson Line," had under construction, Three of these vessels are

NOW In

service, whilst the other two are well on the

These way towards completion.

fine new vessels are particularly designed to cater for the class of passenger amongst whom the old Nelson liners were so popular, and those that arc. already in commission are attracting good complements of passengers,

-DRY DOCK

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

2

Addfees

Length 787 Feet, Length on Blocks 750 Feet.

OF HONG KONG, LIMITED.

SALVAGE TUG “”“TAIKOO"

Wireless Call

V.P.GN, 660 Meters.

HONG KONG.

PENNANTS

Depth on Centre of

Sill (H.W.O.S.T.) 34 ft. 6 ins.

THREE SLIPWAYS-- Capable of Handling Ships Up

to 3,000 Tons Displacement, Electric Crane at Sea Wall Capable of Litling 100 Tons at 70 Feet Badias.

BUTTERFIELD & SWIRE

AGEN HONG KONG CHINA & JAPAN,

Cruising

beenpakuyam

We have continued to arrange a series of pleasure cruisea by our specially-equipped cruising vessels.

dian

a which Bupported,

whilst earl

this

yearernise

“Asturias” made

week's the West

est Indies, which was much ap preciated by the touring public. Apart from special cruises, there are a num“ ber of people amongst whom pleasur or health voyages by prean passenger lines are increasingly popular, and as the scenic and other attractions of the great South American Continent be- come ever more widely known and ap preciated, a greater number of such tourists than formerly are likely to turn their attention in that direc

tion.

AGED BY TIME

A resolution was passed appointing the Midland Bank Executor and Trustee Company, Limited, as trustee for the second debenture stock, replac ing the Duke of Abercorn, who resign ed, as he explained, because an arrange- ment whereby a director acted as a trustee for the debenture holders might be open to criticis.-Reuter.

JULY

WED. 31st

24th

S.S. "TAI MING"

(649 tons-Capt. G. J. Spink,] JULY 19th MON.. 29th WED. 24th

FRI.

For information apply to

KWONG WING

87, Connaught Road West, Phone: Central 893,-

Co., Ltd.

EGYPTIAN DUES

REDUCTION OF 40 PER

CENT

Following the representations mada by the industry, the Chamber of Ship- ping is advised that a reduction of 40 per cent, has been made in the light dues at ports in the Egyptian Ad- effect came into ministration, and recently.

Official confirmation is promised. WARSHIPS HERE

The following are the warships at present in harbour:-

At the North Basin: H.M.S. "Tamar," "Tarantula" and L19..

At the North "Somme."

Arm: H.M.S.

At the West Wall Dock:-H.M.S. "Castor.".

L

In Dock-H.M.S. "Cicala," "Ster- King" and "Stormcloud"

Foreign Man-of-War U.S.S. Gunboat "Mindanao."

BANK LINE LTD.

ELLERMAN

AGENTS FOR

BUCKNALL S.S.

CO.,

LTD.

SAILINGS SUBJECT TO ALTERATION WITHOUT NOTICE.

UNITED KINGDOM & CONTINENT

S.S. "CITY OF ATHENS” ..London, Rotterdam, Amsterdam & Hamburg

NEW YORK, BOSTON, & BALTIMORE

8.S. "CITY OF BEDFORD" S.C. "CITY OF CANBERRA”

via Suez Canst

via Suez Canal

"ALSO AGENTS FOR

ELLERMAN LINE

9th August.

AMERICAN & MANCHURIAN LINE

9th August, .10th September..

ANDREW WEIR & CO.

SERVICES TO

BOSTON, NEW YORK, PHILADELPHIA &

BALTIMORE.. AMERICAN & ORIENTAL LINE

4th August, ORIENTAL AFRICAN LINE

12th August.

SS. SPRINGBANK” MAURITIUS & SOUTH AFRICA

8.8. "TINHOW!

Loading for Mauritius, Reuniva. Delagoa Bay, Durban, East London, Algoa Bay (Port Elizabeth),

Mossel Bay and Capetows,

Through Bills of Lading Carved to Beira Quilimaine, bo, Port Amells, Mozambique, Chinde, Inhambane, Zanzibar, Mombasa, Kilindia), Port Nolloth, Inderits Bay, Walvis Bay and

For freight or passage on any of the above lines apply to

Telaphone

Central 4791.

THE BANK LINE LTD