1931-01-23 — Page 4

4

N.

KLINE

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

FROM £83 TO £120 ON SALE

SAN FRANCISCO via Shangbai, Japan Ports & Honolulu,

ASAMA MARU

TAIYO MARU

Wednesday, 4th February. Thursday,

SEATTLE, VICTORIA vin Shanghai & Japan Ports.

HIKAWA MARU

HEIAN MARU

10th February.

Thursday, 12th February. Thursday, 26th February,

LONDON, MARSEILLES, ANTWERP, ROTTERDAM via

Singapore. Penang, Colombo, Suez.

KASHIMA MARU

Saturday, 24th January. Saturday,

THE CHINA MAIL.

daxmaz. MarARDƏ E

BRANDT & CO.

Bà Berg's Dallding, Chater Bond

Buliding and Repairs, of KiesISATI sul Motorskips of every type.

Telephones: towa

Night TiON.

Telegra

SOUTH CHINA MOTOR-SHIPBUILDING

* BODYBLAND","

REPAIRING WORKS, LTD.

Tu Kwa Wa KOWLOON BAY, Telephons: 870 Day and Nigh Works Manager: W. B. Hasan.

Telegram:Morvand,"

Installation and Repairs of Diveel Engines and Motor for Marina and Stallonery a speciality.

FRIDAY, JANUARY 23, 1931.

THE EMPRESS ROUTE

.

KATORI MARU

7th February.

SYDNEY & MELBOURNE via Manila & Ports.

KITANO MARU

Thursday,

10th February.

DEPRESSION REACHES building companies operating six

† TOTTORI MARU

Tuesday, Friday,

27th January.

BOMBAY vin Singapore, Penang, & Colombo.

YAMAGATA MARU

30th January.

JAPAN.

SOUTH AMERICA (West Coast) via Japan, Honolulu, Los Angeles, Completion of N.Y.K. &

Mexico & Panama.

Sunday,

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

GINTO MARU

1st February.

KAWACHI MARU

Thursday,

20th February,

NEW YORK, BOSTON via Panama.

ATAGO MARU

Friday,

4th February.

†TAKETOYO MARU

Sunday,

1st March,

LIVERPOOL via Port Sald, Stamboul (Constantinople), Genos.

† DELAGOA MARU

Sunday,

16th February.

CALCUTTA via Singapore, Penang & Rangoon,

† RANGOON MARU

Thursday,

+ NAGATO MARU

Saturday,

HAKONE MARU

† HAKODATE MARU

KAGA MARU

20th January.

7th February.

Saturday, 24th February. Wednesday,

28th January. Thursday, 20th January.

SHANGHAL KOBE & YOKOHAMA.

Cerge only.

For further information apply to:-NIPPON YUSEN KAISHA. Telephone 30291. Private exchange to a departments.)

S 0.

K.

SAILINGS FROM HONG KONG SUBJECT TO ALTERATION,

Mon.,

0th Feb.

O.S.K. Programmes.

REQUIREMENTS EXCEEDED.

Motorships Replacing Steamers. yards equipped with 17 slips. Dur-

The only bright spot is the re-i ing the war the companies increas- ¦ cent activities of shipping com- ed in number to 56 running 57 panies in the replacement of re- yards and 157 slips.

ciprocating steamers with Diesel This rapid extension, which ap- | vessels. The reason is because pears to have been somewhat reck-they cannot carry on business less in view of later developments, with any margin of profit without | provided for phenomenal In-them.

4

If the money market be crease in the demand for slips in comes tight, and if the prevalling Japan, but bulliers were stimulated low rates of freight (now below After a period of prosperity, the with the idea of the Imperial evan Diesel rate) continue, ship- Japanese shipbuilding industry is Navy's famous eight-eight fleet praping companies may change their now keenly feeling both local and gramme in view, and appeared minds. They might be contented

This world depression.

fact is satisfied that there would be ample with partial Improvements, such brought into prominence by a re-work long after the war boom was as the installation of patent rud- view recently issued by no less an over. The Washington Confer- ders or exhaust turbines

on old authority than Mr. Bisaburo ence, however, put an end to thei: steamers instead of building new Kusano. It is from his review that dreams, and construction soon sank| Diesel boats. In face of the severa the following data has largely been to its former 50,000 tona level, depression many firms are waver- ¡ collated. During 1929 Japan which was Japan's average producing in their plans to build new launched close on 165,000 tons tion from 1901-1916 and 1922 to Diesel vessel, and one firm which gross of ships, a new high record 1927.

had placed a contract. with the since the war boom from 1916-1921.

Mitsubishi Nagasaki yard for a In Feruary, 1930, there was ap

9.800 ton Diesel ship has recently proximately 210,000 tons under con-

cancelled the order. struction in Japanese yards, but now, notwithstanding the enormous building programme of the N.Y.K. and the O.S.K. (the main factor of the late shipbuilding revival in Japan), their programmes being virtually completed. "ahipbuilders now already suffer from the acute want of work again."

During the first six months of last year 39 ships aggregating 110,000 tons were launched, while on July 1 there were 33 under construction, totalling 139,662 tons, 22 being Diesels of 127,810 tona, two ships, 3rd Feb.

235 tons of sailing ships, the re- 5th Feb.mainder being steamers.

LONDON, HAMBURG, ROT- Allas Maru

TERDAM & ANTWERP

via Singapore, Colombo,

Suez & Port Said.

RIO DE JANEIRO, SANTOS La Plata Maru

Fri

6th Feb.

& BUENOS AIRES via

Saigon, Singapore, Colom

bo, Durban & Capetown.

KARACHI & BOMBAY via Shanko Maru

Singapore & Colombo....

DURBAN.

LOURENCO Chicago Maru

Tues.,

Thurs.,

MARQUES, BEIRA, DAR-

ES-SALAAM, ZANZIBAR

& MOMBASA vin Singa- pore & Colombo,

AUSTRALIA

AND

}..

Sale of Second-Hand Tonnage.

But the decline in the volume of ships launched in and after 1927 was partly due to the import of second-hand European ships. With

European nations building the newest types of vessels necessary for both speed and economy in the struggle for trade aupremacy, many old vessels were sold at bargala prices as unsuitable for the new

cra

2

of competition. These were readily purchased by Japanese shipping concerns which needed to adjust the high prices of their boats on their registers. While on paper the scheme looked good, in reality it proved a fatal move.

So great were the importations of cheap second hand boats that on some 1,500,000 tons During the first half of 1930. 12 short order

tons were purchased, far greater vessels aggregating 107,000

ever pre- the volume than Japan had were completed, including

This had also the motorships Chichibu Maru, Mel-, viously owned. bourne Maru, Hikawa Maru, Bris- effect of reducing the efficiency of bane Maru, Heiyo Maru, Tatauta Japanese commercial fleets to such Maru, Terukuni Maru, Rio de an extent that many wore, forced out of busineis in' the international Janeiro Maru, and Kinal Maru.

business declined and This comparatively wholesale markot as completion and launching of im.competition increased. portant vessels leaves the outlook by no means encouraging, and it is ovident that Japan's shipbuilding 25th Jan. capacity to-day by far exceeds pre- Bent requirements. Even with the were recent revival, when there 200,000 tons of ships under con- struction, only about 80 por cent was engaged. of total equipment Excess of extension of their cap- acity during the war boom is blam-

Notwithstanding the decline in ed for the present acute depression.

beats in and At the moment there are 11 in-demant for new Muential companies possessing 18 after 1922, Japanese shipyard yards with 73 docks and 63 slips of capacity had scarcely diminished, but the earthquake of 1923 deli- over 1,000 tons capacity. How this equipment exceeds require ments is clearly shown by compar- ing the present state of affairs with the pre-war period.

6th Feb,

NEW Molbourne Maru ...

Wed,

4th Fob.

ZEALAND via Manila ... CALCUTTA via Singapore &

Rangoon.

Seattle Maru......

Sunday,

1st Feb.

VICTORIA,

TACOMA & VANCOUVER

SEATTLE, Africa Maru (From

Shanghai)

Sat.,

24th Jan.

via Japan Poris.

NEW YORK via Japon porta, Sanyo Maru

Fri.,

Los Angelea & Panama.

Call Direct at Boston,

Philadelphia & Baltimore,

JAPAN PORTS (Freight Ser- Tacoma Maru

vice).

Sun.,

HAIPHONG vin Holhow. & Menado Maru

Pakhai (Fortalghtly).

KEŁLUNG via Satom

Hozan Maru

Thurs.

Sun,,

Amoy (Every Sunday Canton Maru Noon)

Sun

5th Feb.

25th Jan. 1st Feb.

TAKAO V Swalow & Amoy Deli Maru,

Thurs.,

(Fortnightly).

For further articulars please apply to:-

OSAKA SHOSEN KAISHA.

Telentene 2huc?

29th Jan.

Donations and Subscriptions must now

be sent to the Hon. Treasurer, Mrs. H. E.

Goldsmith, 525, The Peak.

HONG KONG BENEVOLENT SOCIETY

SHIPBUILDERS,

SHIP REPAIRERS, BOILER MAKERS,

FORGE MASTERS, OXY-ACETYLENE, AND

ELECTRIC WELDERS, MECHANICAL, A ELECTRICAL ENGINEERS.

This

In 1927 Japan commenced to old restrict the importation of ships, and in that year 100,000 tons only were imported chiefly for scrapping, and the tonnage operat- ed sharply declined.

ten- dency was further accentuated, so that in 1929 only 33,000 tons were imported practically all for scrap ping. Now the importation is practically dead.

affected aren.

vered a blow to shipyards in the

Even then, ship building capacity to-day is four to five times as large as in pre-war days.

"

|

The only plane worth mention ing for new construction drafted since the commencement of 1930 are Kohusai Kisen's two 10,000- ten Diesel liners, Dairen Kison's four 4,500-ton cargo boats, lino Shoji's one 12,000-ton oil tanker, and the Government Railway's two 4,000-ton Diesel ferry boats, to be operated between Shimonoseki and Fusan Chosen.

an-

The conclusion of the London Naval Treaty was another favourable factor for Japanese yards, since the Imperial Navy's building programme is about cut

The annual in two.

average spending is about 88,000,000 yen. While it has not been announced how far the programme will be carried out In the fiscal year 1931-2. It is worth noting that the Navy used to give 39 per cent. of Its entire building work to civilian yards, the naval arsenals About 60 doing the remainder. per cent. of the work reserved for sub. the naval arsenals is also

concerns, contracted to civilian this virtusily moans that about 70 per cent. of the entire programme ultimately finds its way to private yards.

In conalderation of the fact that

Shortest and Quickest ORIENT-AMERICA-EUROPE

STEAMSHIP

SERVICE PAR EXCELLENCE ·

LINTS

SPECIAL THROUGH FARES TO EUROPE

SPECIAL NOTE

£120

Canadian Pacific representatives meet all steamers at all ports of call to assist passengers. Railroad, Sleeping Car, Hotel and Steamship reservations arranged at any Canadian Pacific Office

£112 £83

CANADIAN PACIFIC

WORLDN GREATENT TRAVELSYSTEM

BRITISH WUCHOW LINE

ance.

This

JANUARY SAILINGS,

DEPARTURE HOURS:

Hong Kong 3.30 p.m. Wuchow 2 p.m.

*

SUN.

5.8. "TAI HING" [1,088 ton-Capt. Trott] JANUARY. 25th

FRI.

30th

8.5. "TAI MING"

The Sal Kong for the Weat River) is the third largest river in the Chinoso, Republic and second only to the Yangtare in import- magnificent trade route was opened to foreign trafic [649 tons-Capt. W. H. Lawton.)

JANUARY.

TUES. in 1897, but how many foreign- Ста travel on this Important For information apply to- waterway? The scenery along the Toute is beautiful. We recommend it to any person who wishes to spend a short and economical holi- day.

gen

the Navy's work given by private yards is practically one-third of their total engagement and that companies in Kwanto have possibi- the commercial condition is so un-lities of being amalgamated into geerna but alone concern, frequent meetings favourable, there lean chance for New building having taken place between tho orders, and the plight of the ship-chief executives with favourable

results. builders looks very gloomy.

SANG WO

27th

Co., Ltd.,

29, Connaught Road, West,

'Phone 20893, ..

In conclusion Mr. Kusano ro- marks:---

"Taking all in all, the prospects of Japan's shipbuilding Industry may be described as anything but bright at present. Unless some

In 1913-14 Japan had about Included in important plans of the pending plans materialisé, pending, the Government cr some new factors develop, the 1,500,000 tons of shipping: to-day now this tonnage has increased to proposes financial accommodation situation is bound to be further The business man- 1,300,000 tons, focluding many of to shipping companies. It is un-eggravated. "crude" ships, built during the derstood that the Government pro-agement will betonie further diff-

those especially war boom and about 1,500,000 poses to grant an annual loan to cult,

aesume

WARSHIPS IN PORT.

which

The annual launching of ships

Mr. Kusan says: "The ship-tans of imported veanels. This the amount of 10,000,000 yen for specialise in the construction of A drastic readjust- in Japan fluctuated within narrow bullding industry in this country makes repair work about three three consecutive years at a special new ships. limits of the 50.000-ton mark be has been active during the paat times as great as in are-war daya. low interest rate through the In- ment and curtailment of equip- ment is anavoldable. It is a ques- fore the war. Subsequently, how few years. It has resulted from Against this the

Increased num-dustrial Bank of Japan on condi ever, the tonnage Increased by leaps factors of temporary nature, how-ber of docks able to accommodate tion that ships having a

cargo tion of time before some of them or others and bounds until in the year 1919 ever, and the liveliness is already large vessels has increased by 50 capacity of not less than 6,000 will be amalgamated it reached a total of 610,000 tons. gone. Included among these fac-

per cent.. so that virtually eventons, and a sea speed of not lesspre closed altogether. Meanwhile their alde line of business, Buch In 1930 Japan ranked third in ors are three major ones, which with the business spread over all than 14 knots at half load, he

as manufacture of civil engineer. international shipbuilding, and her are: (1) the easiness of the money yards it amounts to about twice built; it is further understood that dockyards had thirteen times as market, (2) the construction of what it formerly did. The result the loan is redeemable in about ng materials, co:istruction of roll- much work to do as compared with new ships to be placed on sub- is that nearly all concerns, in the 15 years, and that it is to being stock, automobiles, &c, may pre-war days, and their building diaed lines, and, (3) the craze absence of new contracts, are con- granted up to two-thirds of the

more importance than capacity was increased from 8 to 10 for Diesel engined ships."

centrating on repairs and convert- cost of construction of each of their main business-the, ship- times due to the boom stimulation.

building." The construction of new fasting their establishments accord-anch ships. Before the war there were five ship-ships, including steamers, then Ingly. This appears to be Japan's If this plan materialises, the started in rapid succession at big chanco of overcoming her Government is to grant a loan of dockyards; mesa-grown from ab- dimculties, especially as many of 80,000,000 yen in three years: as cenco. of work for many years. the larger concerns are engaged the loan is to be made up to two- Most of the new tpanage was in the manufacture of building thirds of the cost of construction, Diesel equipped with engines of materials for civil engineering the ananal amount to be spent in the newest design specially con-projects,"

shipbuilding ander this system structed for Pacific trade. Then

will come to 15,000,000 yen, which, the NY.K. and the O.S.K. found Meanwhile a national issue has converted Into tonnage of Diesel It incumbent or them to build been raised on rationalisation of cargo boats, corresponds to 80,000 new ships to 'place, on the sub-the shipbuilding Industry In to 90,000 ton. In view of the sidised lines, and as they decided Japan: in mid-July the Extra fact that the annual launchings to adopt Diesel engines, the ordinary Industrial Investigation of now ships stood at about 50,000. phenomenal activity in Diesel con- Commission recommended to the tons even when the industry was struction in Japan is easily ox- Government three alternate most severely depressed after the. plained. The subsidised vessels plans:-

war, this addition of 80,000 to are now virtually completed and

1. To effect an amalgamation 90,000 tons should keep the ship no further extension, of the system is yet in sight

DRY DOCK

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG KONG, LIMITED.

SALVAGE TUG “TAIKOO

Wireless Call

V.P.G.N. 600 Meters

Tel. Address: "TAIKOODOCK HONG KONG.

30211

over ANS. PENNANT

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

SII (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 Lifting 100 Tons at 70 Feet Radius.

BUTTERFIELD & SWIRE

AGENTS, HONG KONG CHINA & JAPAN.

Rationalisation Project.

The following British warships were in harbour to-day:

Berwick North arm, Bruce North wall, Cornflower-In dock Cumberland-No. 3 baoy. Herald-South wall. Hermee No. 1. budy. Iroquois North wall Marazion--No. 18 buoy. Medway West wall.. Oswald-In dock.: Osiris-In dock. Sepoy-No. 10 huoy. Seraph-No. 7 buoy." Serapis No. 8 buoy, Sirdar No. 12 buoy, Sompa No. 11 buoy, Sterling No. 10. buor, Stormcloud-No. 11 buoy. -Thracian-No. 8 buoy, this guarantee few banks would. Forelan Men-of-War,

of all the shipbuilding com yards fairly busy. One outstand- panies, a

Ing difficulty in the realisation of 2. To promote a

new com this plan Is that while the Gov- pany under joint investment of ornment will guarantee payment shipbuilding companies with the of interest, it will act compensate object of undertaking a joint the banks the total amount of loan management of the shipbuilding in case of a total loss. Without enterprises, y

At the beginning of 1930 out of the 200,000 tons under construc- tion in Japanese yards, some 120,000 to 180.000 tons were for the subsidised lumea or classifted as special, skips. The balance of 70,000 to 80,000 tens coughly cor 3. To, promote a new com-undertake the loans, because they responds to the tonnage Japan on- pany under joint investment of are excendingly chary as regarde nually lones oither, by disaster or

shipbuilding companies with the financial accommodation to ship- scrapping. This tonnage is slight object of transferring the man-ping and shipbuilding concerns, Fly more than we built during

agement from the present own having had bitter experiences in the worst period after the war, ers to the new company, the pasta Unites a way can be. 1925-26, when launchings had As a result much discussion found out of this impasse, it fallen to shout 50,000 tons. It is took place, and at least one pracfeared that the companies which now bolleved that in view of retinal proposal suggested that the can avail themselves of this pro sent conditions and future outlook our companies in Kwanto be posed system will be limited only construction of new ships in Japan merged, and also the ale com to those which can raise funds in and after 1981 will decline to panige in Kancel Prosent:indi. elsewhere even without the aid of

bout 70,000 for 30.000 to

Argus-French gunboat. Adamastor-Portuguesa crülser. Helena-American, gunboat, Mindanao American gunboat

CONSIGNEES NOTICE

Consigneas of Cargo ex 8.8 Benalder are remainded to take de livery of their goods which will be subject to rent after January