1929-08-05 — Page 4

THE CHINA

MAIL,

MONDAY, AUGUST 5, 1929.

NYKLINE

REDUCED THROUGH TICKETS O EUROPE VIA USA. VARYING

FROM £83 TO £120 ON SALE

SUMMER EXCURSION RATES

From Hong Kong to Shanghai

and return

14

ti

H.

:t

M

"

Nagasaki Moji

**

+

H

П

Kobe Yokohama

.H.K.$120

165 190

210

235

SAN FRANCISCO via Shanghai, Japan Ports & Honolulu.

TAIYO MARU

TENYO MARU

Wednesday, 7th August. Wednesday, 21st August.

Monday, 12th August. Monday,

9th September. LONDON, MARSEILLES, ANTWERP, ROTTERDAM via

Singapore, Penang, Colombo, Suez FUSHIMI MARU

SEATTLE, VICTORIA via Shanghai & Japan Ports.

TYO MARU

SHIDZUOKA MARU

HAKOZAKI MARU

Saturday, 10th August,

SYDNEY & MELBOURNE via Manila & Ports.

KAGA MARU.

TANGO MARU

Wednesday,

Wednesday,

Saturday, 24th August

21st August,

25th September.

11th August. 28th August.

BOMBAY via Singapore, Penang, & Colombo.

TAMBA MARU

+ TOKUSHIMA MARU

Sunday," Wednesday,

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

Mexico & Panaina, BOKUYO MARU

Monday,

19th August.

FRENCH SHIPPING

BIG CONCERN'S SOUND FINANCIAL POSITION

SHIPPING

SECTION.

EXPECTED GIFT

THE PAPAL GOLDEN ROSE

PICTURESQUE CEREMONY

In well-informed circles of the Vatican City it is stated that Pius

M. Andre Hamberg pointed out that XI will perform the ceremony of contrary, to general opinion, the assist-blessing the Golden Rose for pre- ance granted by the State with regardsentation to a Catholic Queen early to the building of the liner is almost in September. This ceremony, one

immaterial, since it consists only of

B

guarantee given in respect of the of the most ancient and picturesque payment of interest on the bonds to be in the Catholic ritual, is supposed issued in order to pay for the ship to have been instituted by St. The total amount of subsidies received Gregory the Great, but it is on re by the G.G.T. from the State daring cord that, as early as the time of 1928

only

reached the amall

NEW BIG LINER That the position of the Cie. Generale Transatlantique, the biggest French shipping company, is remark figure of about 10,000,000 francs, Pope Leo IX the monastery of the ably sound, and that the results of the which, as the total earnings of the Holy Cross, in the diocese of Tulle, operation of their services are progres-firm worked out to 1,000,000,000 francs, In return for certain privileges, sive, was clearly demonstrated by the represents hardly 1 per cent..

was bound to the tribute of two interesting report presented by the Another interesting point of M. board shareholders at the annual Andre Homberg's speech was the allu- ounces of fine gold for the making meeting and by the comprehensive sion made the forthcoming resump- of the, Golden Rose, to be blessed speech delivered by M. Andre Homberg. tion of the aeroplane service in con- by the Roman Pontiffe. At first it chairman of that company. M. Maurice junction with the "Ile-de-France" for was usually presented to the Pre- Tilller,

of managing director

the the quick despatch of mail on the Newfect of Rome, in token of the esteem C.G.T., whose name is more and more closely connected with the successful progress of the company, was appoint- ed secretary to the meeting.

SOUTH AMERICA (East Coast) via Singapore, Cape Town & Porta, previous year; the total receipts for

NEW YORK, BOSTON via Panama.

BINGO MARU

+ CALCUTTA MARU

KAKO MARU

LIVERPOOL via Port Said, Constantinople, Genoa.

DELAGOA MARU

Friday,

Saturday, Friday,

9th August.

17th August, 23rd August.

Sunday, 11th August.

CALCUTTA via Singapore, Penang & Hangoon.

BENGAL MARU

† MALACCA MARU

Thursday, Friday,

8th August.

16th August.

† MORIOKA MARU (Kobe direct

Monday,

KITANO MARU

Monday, Saturday,

5th August. 5th August. 17th August,

SHANGHAI, KOBE & YOKOHAMA.

† MATSUYE MARU

+ Cargo only.

Reduced 1st Class Excursion Pates quoted between Manila and Australia,

For further information apply to-NIPPON YUSEN KAISHA.

Tel. Central No. 209 and 3827. (Private exchange to all departments.)

O. S. K.

SAILINGS FROM HONG KONG SUBJECT TO ALTERATION.

LONDON, HAMBURG, ROTTERDAM

Colombo, Suez and Port Said. ATLAS MARU

& ANTWERP Via Singapore

Sunday, 11th August.

Town.

The report of the board first points out that the return of the operation of the feet for the year ended on Decem ber 31 last are, taken ад whole, satisfactory, and that they show een- siderable progress compared with the the year aggregated 1,014,111,754 fr which, added to the balance brought forward from last year, makes a total of 1,014,540,945 frs. Expenditure ag gregated 910,111,612 frs, thus leaving a groas profit of 104,438,432 frs., out of which the board proposed to take 78,266,353 frs. for depreciation and re- serves, thus leaving a net profit of 25,472,079 fra, After deducting the re serve amount, the balance available works out at 24,046,843 frs.

of

The board proposed to pay a dividend of 12,50 frs. on A shares, 80 frs. on the old B shares of 600 frs., and 65 fra. on the tow B shares, making a total" 23,033,360 frs. allocated to the pay. ment of dividend, and leaving a balance of 983,482 frs. to be carried forward

that in spite of the recent increase of Special interest attaches to the fact the cupital

by 65,000,400 frs., the company is in a position to pay a divi- dend equal to that paid last year, and this affords striking demonstration of the favourable progress achieved as compared with last year's returna. At the same time, the reserve funds of the company have been considerably strengthened, with the result that the C.G.T. aro in a sound position.

York line.

PORT CHARGES

UNSOUND AND UNFAIR COMPARISONS

in which the Popes held the Eternal City: in successive centuries it became an important link in the relations between the Holy See and foreign rulers.

Among the recipients of this From a series of inquiries I have honour, one of the greatest in the made amongst British shipowners and Pope's gift, have been Louis VII, the representatives of British port Charles VI. and Charles VII. of authorities (writes the Loridon corres- France, the Emperor Sigismund pondent of The Journal of Com- merce"), I gather that the resolution and Louis L. of Hungary, King passed at the annual meeting of the Henry VI of England, Charles II. Baltic and International Maritime Con- of Savey, Catherine de Medici, forenes held in Newcastle is generally Anne of Austria, the Empress looked upon with disfavour. Ship- owners and port authorities are at Marie-Therese, and Marie Gabrielle what the resolution of Savoy, wife of Philip V. of really means. It was couched in the Spain. Occasionally it was also following terms:

bestowed on famous sanctuaries or "That this meeting views with conon cities noted for their devotion to cern the present variation in and

a loss to know

the higher level of costs of loading the Holy See, such as Venice, and discharging certain coramodi-Bologna, Siena, and Benevento. ties in British ports, and the less Leo XIII., who fully appreciated efficient work as compared with the the diplomatic value of the Golden Continent, expresses as its opinion

that British merchants and the Bri-Rose, gave it renewed importance, tish community as a whole will be oven creating the post of "Bearer equally interested as international of the Golden Rose," which was shipowners trading to British ports, filled for many years by Count in obtaining a reduction, as the co-Edoardo Soderini. For some un- tinued high cost of services", auxi-

liary to the carriage of goods by sea known reason, his two immediate must be considered a hindrance to successors, Pius X. and Benedict the much desired return to inter-XV., allowed the ancient custom to national commercial prosperity, and

sent the

therefore instructs the executivearse, but it was revived by the committee to call the attention of the present Pontiff, who responsible organisations of Great Golden Rose to the Queen of Spain, Britain to the fact that any steps Spéculation is now rife as to who taken with the object of investigat-will be the next recipient of this

ports would be welcome.

PACIFIC

to EUROPE

via CANADA

UNDER ONE MANAGEMENT

SE the Canadian Pacific Route

Use Europe and dispose of all

the troublesome details that usually arise out of a 10,000 mile overseas journey.

*When you travel Canadian Pacific there is only one transaction— the initial one between our agent and you. Your trip across the Pacific, across Canada, and across the Atlantic is made on Canadian Pacific ships and trains; your stopovers at Canadian Pacific hotels.

One ticket One service

The utmost in speed and

comfort."

CANADIAN PACIFIC

Next sailing to the Pacifle Coast --

EMPRESS OF RUSSIA

WORLD'S

NOON August 21st, 1929.

GREATEST TRAVEL SYSTEM

BRITISH WUCHOW LINE

ing stovedoring conditions in British coveted distinction. In well-in-short summer holiday. Take a trip to

Mr. O. J.

RIO DE JANEIRO, SANTOS & BUENOS AIRES Via Saigon, Singapore, more than in 1927, chiefly due to the moved the skildson, of Copenhagen, formed circles it is believed that four lays See all the sights of the

Colombo, Durban & Cape HAWAII MARU

BOMBAY Via Singapore & Colombo.

(Calls at Penang)

*HONOLULU MARU

GANGES MARU DURBAN, LOURENCO MARQUES,

Monday, 7th September.

Monday, 5th August.

Monday, 19th August. BEIRA, DAR-ES-SALAAM, BAR & MOMBASA—Via Singapore & Colorabo. CANADA MARU

CALCUTTA—Via Singapore, Penang & Rangoon.

KUSADO MARU

Tuesday, 6th August.

Sunday, 13th Augast.

resolution, which

Total ...

16.40 2,00

..$38.40

Havre-New York Service

A new economical way to spend a The total number of passengers con- veyed during 1928 by the vessels of the

Wuch w and back. Only requires company was 419,500, about 15,000

was after King Victor Ernmanuel's visit West River. It costs you only $88.40 Havre-New York service, on which seconded and carried.

to the Pope, the Holy Father will and can be done in five days. Your Mr. De Monchy, Rotterdam, second- 9,000 inore passengers were conveyeding the resolution, said that it would bestow the Golden Rose on Queen budget:-" It is alec noteworthy that the returns.

Passage for round trip ,820.00. of freight for 1928 also show an in- be a very good thing if shipowners Helena, thus sealing the reconcilia

Meals on board: crease as compared with 1927 (2,130,- knew definitely what they had to pay tion of the Papacy to the House of

Lodging on board 000 tons against. 2,100,000 tons), for all and had consistency in charges. He Savoy, well-known for its deeply ZANZI-services.

hoped Mr. Eskildsen's suggestions Catholic traditions. There can be During 1986 the company perform would be taken up.. ed 88 voyages on the Havre-New York

Examined With Misgiving" and Bordeaux-New York- services, against 87 for 1997, the total number

45,400 outward (againet 43,000 for 1927) and 45,700 homeward against 39,800 for 1927). The sucess of the "Ile-de-France" continues, and it will be easily realised that the company. have, therefore, no hesitation in con- sidering the forthcoming order for a big liner.

VICTORIA, SEATTLE, TACOMA & VANCOUVER Via Japan Ports from of passengers conveyed amounting to

Shanghai.

ALABAMA MARU (From Shanghai) Wednesday, 14th August, MELBOURNE—Via Manila, Brisbane & Sydney.

HIMALAYA MARU....

HAIPHONG-Vla Hohor & Pakhai.

MENADO MARU

NEW YORK-Vis Japan ports, San

HAMBURG MARŪ

JAPAN PORTS.

ALASKA MARU

KEELUNG-Via Swatow & Amoy.

HOZAN MARU TAKAO-Via SWATOW & AMOY, TAKAO & KEELUNG.

SOURABAYA MARU For further pariculars please apply Tel, Central No. 4085, 4089, 4090.

Wednesday, 7th August.

Thursday, 8th August, 10 am Francisco & Panama.

Sunday, 18th August.

Sunday, 11th August. Sunday, 11th August, 2 p.m.

Friday, 16th August. to.—OSAKA SHOSEN KAISHA.

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 apendable and acceptable everywhere. For more than 86 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 und £10 denominations--bound in a small handy wallet and cost only 4 of 1 per cent. Secure your steamship tickets, hosel reservation and usineraries; or plan your cruise or tour through THE AMERICAN EXPRESS CO.,

4, DES VOEUX ROAD CENTRAL,

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SHIPBUILDERS,

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

ELECTRIC WELDERS, MECHANICAL, AND ELECTRICAL ENGINEERS.

INC.

of the wide difference in rates at

no doubt that the whole Italian

Why not make a trial? The cuisine excellent and the accommodation comfortable; once you try you w"! re- commend it to others.

MELBOURNE PORT Government bodies, although it was

"LOAN. COUNCIL ADVICE IGNORED

AUGUST BAILINGS. DEPARTURE HOURS:

Hong Kong 5.30 p.m. Wuchow 2,00 p.m.

8.5. “TAI HING":N

[1,068 tons Capt. Tratt.]

TUES. 6th

SUN,

11th

FRI,

16th

AUGUST

WED. 21st

TUES. 27th

8.3. "TAI MING”

[619 tons Capt. G. J. Spink.]

FRI WED,

.: AUGUST

9th

14th

MON. 19th

SUN. 26th FRI. 30th

For information apply to

KWONG WING

Co.,

67, Commaught Road West, Phonez Central 898.

RIVER COLLISION: -

The Harbour Trust is not controlled by Government, as are other semi.

constituted by a Victorian Act of Par- | HM.S. "CORNWALL” SLIGHTLY liament, otherwise the State Ministry might have prohibited the raising of the loan at the present time:

Haphazard Borrowing

DAMAGED

While entering the Whampoa River (which leads up to Canton), on Satur day morning, H.M.S. "Cornwall" (one of the five 10,000 tons cruisers on the China Station) was run into by the Hamburg Amerika ship, the 5.8. "Scheer." Both vessels were slightly damaged.

Mr. Mienke, Bremen, said the com- nation would greatly appreciate the plaint underlying the resolution was compliment paid to their Queen, one which was always worrying ship fully understanding its high politi- owners.

A stevedoring account from cal significance. a British port was always examined It was not alwaya with misgiving. the case that earge bore cost of steve- doring as a ship might go to a port which was not contemplated originally. British ports deserved some explans- tion. They admired: the work of the New Liner in 1933

comuriltee already set up to deal with

The circumstances illustrate the un- The C.G.T. are bound by sgreement the question, and hoped to see its re The Melbourne Harbour Trust is satisfactory position which has existed with the French Government to build commendations

-put into operation, making a public loan of

£400,000, ir: Australia for years in connection this new liner. Her commissioning on sooner rather than later. Compating bearing interest at 5% per cent. The with the unco-ordinated borrowing the Havre-New York line was due to facilities for discharge in Britain with issue is at par and the stock will have methods of local bodies which have ap take place in 1932, but in view of the some of the Continental ports, he said a currency of 20 years. It is confined parently not paid the slightest regard important works which have to be car the former were so much at a dia-written and has not been under to the conditions in the money market, ried out in order to allow of the build-advantage that foreigners could not written.

but have kept themselves purely with- ing of the ship in a French yard, and understand it.

The Trust had a loan, of £700,000, in the narrow parochtal atmosphere of of her operation in the port of Conversations I have had with ship which matured last month. It is under their own undertakings. Havre, the C.G.T. have had to postpone owners in London show that these stood that the Trust has arranged for

This situation has recently prompt- the date of completion of the vessel. Continental criticisms are nasound and borrowing £500,000 privately, and this ed the Loan Council to recommend the by agreement with the Government, unfair.

with the public issue will provide it complete co-ordination of borrowing by and it has been decided that she will "It

a fair with £200,000 for is impossible to make

its works pro-all local bodies, The issue by the be ready in 1933.

Water Board, comparison between the charges in a gramme.

Sydney

with the M. Andre Homberg, chairman of the British and a Continental port. The this long should be floated simultane the auspices of the Commonwealth Financial circles are surprised that approval of the Loan Council and under company remarked in this respect that Continental port is generally

a tuni- six new big Atlantic liners are to be sipal or a State, concern. The Con-sly with the issue of the Metropoli Bank, is in immediate response to this royal" made one of the quickest turns ordered, and that four are under continental port is genrally subsidised, tan Water Board, Sydney. This action recommendation.

round struction to the

accomplished on "Merseyside has apparently been taken deliberately, The action of the Harbour Trust in when she sailed for Canada recently. account of British, remarked a British port official. German, Italian, and American com-

was an at- declining to recognise the urgent need In "This accounts for, the disparity be 4 evidence shows there

a little over 24 hours she dis- panies for the New York service, thas tween ship dues in Rotterdam, which tempt to forestall the Water Board for placing all Australian financial charged her eastbound cargo, landed making a total of 10 new vessels. In may be 2d. or 3d, a registered ton, loan, which, when the plans were dis- fransactions on a properly organised 300 passengers, loaded her westbound view of these developments, the C.G.T. and the charge in London of 1s or 1s covered, was issued at an earlier date basis is considered as open to criti. cargo, and asiled again with 300 pas are compelled to order a new Uner to 11d. a ton. It is the Dutch taxpayer than originally intended. keep their rank in the North Atlantic trade.

Fiv

OLD TAYLOR

AGED BY TIME

DRY DOCK

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

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG KONG, LIMITED.

SALVAGE TUG “TAIKOO"

Wireless Call

VPG.N. 600 Meters.

IKOODOCK. HONG KONG.

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

THREE SLIPWAYS

Capable of Handling Ships Up to 3,000 Tons Displacement

Electric Crane

Wall Capable of Lifting 100 T 70 Feet Radius.

BUTTERFIELD & SWIRE

YONG ONE

who makes up the difference. British labour in the porta la less flexible than Continental Inbour, hours are shorter and pay is higher in British parts. *

"The Baltic Conference drew some false conclusions, and passed resola- tions without really examining the situation," said the manager of a lead- ing port authority, when he comment- ed on the results of the Newcastle moeting.a

"The comparison of port charges between British and Continental ports presented," he said, "is.a falme one."

WARSHIPS HERE

The following are the warships at Present in harbour

At

the North Basin-1.9. "Tamar and Stormcloud."

At the North Arm:

“Sandwich."

At the West Wall Dock H.MLS. Castor

In Dock: H.M.S. "Cicala" and L19. No. 13 Buoy HM.S: "Bridgewater."

Foreign_Men-of-War

U.ES. "Mindenso." French Ganboat Vigilante.

FRENCH FLAGSHIP

The French cruiser, "Waldeck- Roussena frecently sent out to the Far Eastern flagship replacin the "Jules Verns"), fiying the flag of Bears Admiral Houget, expects "krrive here on August 18 and will rentala enti August 19,

CONSIGNEES NOTICES

Poksine

cim.

BANK

C.P.R. LINER

MAKES QUICK TURN- ROUND

The Canadian Pacific liner "Mont-

sengers.

LINE

LTD.

S.S. CO. LTD.

AGENTS FOR

ELLERMAN & BUCKNALL

SAILINGS SUBJECT TO ALTERATION WITHOUT NOTICE.

UNITED KINGDOM & CONTINENT

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

NEW YORK, BOSTON, & BALTIMORE

B.C. “CITY OF CANBERRA"

8.S. “CITY OF NORWICH”

via Suez Canal

via Suez Canal

ALSO AGENTS FOR

ELLERMAN LINE

9th August.

AMERICAN & MANCHURIAN LINE

10th September.

6th October,

ANDREW WEIR & CO.

SERVICES TO

BOSTON, NEW YORK, PHILADELPHIA &

BALTIMORE. AMERICAN & ORIENTAL LINE ORIENTAL AFRICAN LINE

MAURITIUS & SOUTH AFRICA

SS TINHOW":

12th August..

Landing for Mauritius, Eeunion. Dalagon, Bay, Durban, East London, Algon Báy (Port. Elizabeth);

Momel Bay and Capetown

Through Bill of Lading farmed to Beira, Quftimnina, The

Amelia

Mozambique, Chinde, Walvis Bag-and

bane, zanzibari Mombasa.

Port Nolloth

YSKINZOOR KUy of the above Hues apply to

BANK LINE

ITD.