1927-08-19 — Page 11

SECOND-HAND TONNAGE PROBLEMS.

ACTION OF INSURANCE COMPANIES: THE ECONOMIC ASPECT.

DEFINITE PERIOD OF USEFULNESS.

POLICY OF BRITISH SHIPOWNERS.-

[BT SHIPOWNER " IN LLOYD'S LIST"

That there is

THE HONG KONG DAILY PRESS. FRIDAY, AUGUST 19th, 1927.

PASSENGERS.

ARRIVALS.

Per... Mores, from London :-) Mi. A. G. and Mrs. Martin, Mr. | T. Tallon, Miss E. D. Shields, Lt. C. Crawshay, Mr. D. J. Harty, Comdr. and Mrs. J. Figgin, Sub- Lt. R. D. Lonsdale, Mr. T. Fletcher, Mr. J. P. Cotter, Mr. H. Craig, Mr. J. W. Fisher. Mr. P. Wang.

111

CONSIGNEE NOTICES CONSIGNEE NOTICES. HAMBURG-AMERIKA LINIE,

NOTICE TO CONSIGNEES.

PENINSULAR AND ORIENTAL STEAM NAVIGATION. (4 STEAMXE MOREA.“

ARTED HONG KONG ON 18 AUGUST, 1927.

4.

ANTWERP, LONDON, GIBRAL- TAR. MARSEILLES, MALTA, PORTSAID, ADEN, COLO"BO

Best

<

THE DEN LINE STEAMERS, LIMITED.

FCK LEITE, MIDDLESBRO',

ANTWERP. `LONDON

AND STRAITS.

The Steamship "BENALDER”

NONSIGNEES of Cargo are hereby

ferd that in Goods are being landad 'at their risk into tha hasardous and/or extra hasardons Godowns of the Home Kono D KOWLOON WHY AND GODOWY COMPANY, LTD., whence, and/or obtained. from the wharves Delivery may be

· No Claims will be admitted after the Goods are left the Godowns, and all Goods remaining undelivered after the 23. instant, will be subject to Bant,

be

All Claims against the Steamer must. before the 6th September, 1997, or they presented to the Undersigned on or will not be recognised,

All brokan, chafed and damaged Goodla are to be left in the Godowns, where

to thy wil he stamined on the 23rd

No Fire Insursace will be affected by

say case whatever. Godowns for examination by the Don- Damaged Packages must be left in the signees, and the Company's Surreyors, Messrs. GOOPLES & DOCOLas, at 10 am,

Mr. O. G. and Mrs. Beynon and two infants, Mr. J. Atkins, Lt. C. T-Evans, LL-Col. L. Lampen, Marine FA Higgs, Mr. C. R.

J STRAITS, Tanner, Mr. A. Chalmers, Mr. S. G. Gazeley, Mr. D. C. Lewis, Mr. very large likely to be buyers rather than sel J. King, ir. J. McPhee, Lt. Col.

MONSIGNEES of Cargo by the above, amount of old tonnage afloat has lers. The reason for this is not. F. S. Cooper, Mr. G. Ansell. Mr. that their Goods are being landed and maxred Vegael are hereby informed been emphasised by the action of difficult to find. There has recent.A S. Arm, Mr. S. G. Prisnall, Br.

placed AV TEXES Rx in the Hong Kong J. N. Richards, Mr. H. P. Kernick, and Kowloon the insurance firms in tighteningly been an improvement in the Lt.-Comur.

Wharf and Godown E. Berthon, Rev. Company Go

Godowns st Kowloon, where up premiums on cargo shipped in number of veals building, but Dorothy, Mr. H. and Mrs. Paulsch Consignment will be sorted out old vesesls. Although this has been from all accounts the improvement Mr. J. Tinsley, M. Kosloff, Mr. Mark by Mark and Delivery can be most noticeable on the Pinte mar has so far been only temporary, Mr. T. A. Spedding, Mr. W. A.

H. H. and Mrs. Nash, Mr. O. Chen, obtained as the Goods are landed,

Optional Goods will be landed here ket, the same state of affairs has and after the present reels are Stewart. Mr. and Mrs. Hubert unless Instructions have been given to applied in the Montreal grain and completed the autumn prospects of and infant, Mr. Chias, Comdr. C. the contrary Six hours before arrival of

the Steamer. other markets. Taking the River the various yards are none too Booth, Mr. E. M. Schulesser, Mr. James, Mr. P. R. Khan, H. R. C.

Goods not cleared within 8 days, Plate as an example, while rates good. Whether owners have been thith Schlach Lending date of arrival, will be subject of freight were something over 271. right in building is a matter for Col. W. Whyte, Mr. and Mrs., to 998. Lorenzo/U.K.C., the deda: debate, but there are a good maay Whyte, Mr. H. R. Mrs. Masters, Shem and infant, Mrs. W. "H. tion of from 3d to 6d. a ton owners who would prefer two good Mr. T. H. Man, Mr. S. H. Clark, the freight to pay for the extra in secondhand economical vessels to a Miss Olson. Mr. A. Pike, Mr. J. surance demanded on account of a new boat. Taking the price of a T. Williamson, Mr. L. Y. Shang, Middleton, Mr. R. J. McNeill, Mr. vessel's age was not sufficient to new vessel of 8,000 tons deadweight Mr. L. Yan Po. Mrs. G. Stevens, debar such a vessel from competingai £0 a ton, the cost would work M, P. R. Austin, Misa C. Phin on the market with more modern out at £72,000. To be profitable Chin, Mr. Fu H. Kuang, Mr. T T Chin, diss T. Ng May, Mr. L. Y tonnage, but with the sudden col-she would have to return 10 per Waung, Mr. C. K. Mr. C. Yang, lapse of the market and rates down cent. on the capital invested, & per Mr. L. W. Shiong, Mr. B. MS. 5. and Mrs. to 20s. the position must be very cent. for depreciation and survey,

do Nie, Mr. C. Cre. Mr. G. B. Cheek, Mr. K., Y. different. That er d. to etc., and 5 per cent. net profit, or, Tang, Mr. H. S. Pan, Mr. C. E. 25 for a ballast trip can leave in other words, £7,200 per annum Ling," Mr. K. H. Ling, Mr. K. H. anything substantial in the way of Assuming that a vessel can

Mra. M. D. Lee, Mr. L. C. Hye, COM- profit is to be doubted, and when piste three River Plate round vor Spiers, Mr. C. B. Hewes, Col. Hen-

Phay, BLC. Seng, Miss II. L it is subject to reductions, owners

ages in a year, and basing rates slowe, and Mr. E. Just. at about 33% or 243. homeward * of old tonnage have serious, cause from Lorenzo, and say 138. out- for reflection, especially if they ward with coals, it will be seen consider the amount of new ton that the achievement is somewhat CONSIGNEE NOTICES. nage now on the stocks and build ing which will be in commission by the autumn and competing in the River Plate and other market.

The Boom Period.

at a lower value must on figures difficult. The secondhand steamer prove to be more economic.

Surplus Of Ships,

"GLEN" LINE, LIMITED.

NOTICE TO CONSIGNEES,

"FROM UNITED KINGDOM VIL POBTS.

Gooda

Motor Vessel

not

"GLENAPP"

Free Storage сп Mondays and

and Thursdays, within the period

All Claims against the Steamer must before 7th September, 1927, or they will be presented to the Undersigned on or not be recognized. Goods has left the Godowns HACKINNON, MACKENZIE & CO.

Agents

"No Claims will be admitted after tha

Hong Kong, 18th Aug, 1927. |1230

NOTICE TO CONSTONEES. PENINSULAR AND ORIENTAL STEAM NAVIGATION CO'S STEAMER KIDDERPORE".

ARRIVED HONG KONG or

17tx AUGUST, 1927.

FROM BOMBAY, COLOMBO AND STRAITS

น

YONSIGNEES Cars-naaed Vessel are hereby in of Cargo by the

%

formed that their Goods are being inded, Kong and Kowloon Wharf and Godowa and placed a rumus as in the Houg Company's Godowns at Kowloon, where aach Consignment will be sorted on Mark by Mark and Delivery can be obtained as the Goods are landed, the

Thir vessel brings on Cargo from

Optional

The value of secondhand tonnage is, of course, based on its earning During the war and in the boom capacity as a running concern, but period alter the war there was once tonnage reaches something stureity of tonnage, and prices over 20 years old, it can hardly

be considered a business proposi soared to levels so high thut my tion by a progressive owner. There buyers, especially the smaller årms, became possessors of old tonnage

are a good many vessels afloat bor at values which have proved able dering on the 20 years, and a good to wipe off the large depreciation. maay well over twenty. There are That they have earned money for running to the detriment of newer their owners over the whole period tonnage. With such vessels still Godown Company, Limited, whence Persian Gulf ex·B.I.SN. and B & PS.N. is probably true, bat whether the trading, and with quite a large and/or from the wharves, Delivery xasy Co.'s Steamers will be landed here i prcft has been in all cases su-fleet of new ships shortly due on the seas, it certainly looks as if cient to wipe off the large deprecia- there would be more tonnage than tion caused by the increased 60 the world requires. No doubt the of the vessel, and the fall in values policy of the British owner in re is more than doubtful. A vessel of eight or ten years old was connewing his feet and getting rid sidered a very valuable asset in, of his old tonnage is a sound one say, 1919 or 1920, but her value-to on the whole, but it must be re- day, with lacressed age and the membered that this old tonnage has drop in values, is a totally different matter. It is this cor- inous difference in prices with which the owner is faced, and it is not to be wondered at that he puts off the inevitable day when his steamer has to be sold for scrap, his capital becomes reduced by the

bean and is for the most part be ing sold to foreigners to compete with the newer British tonnage what can only be described as un- equal terms.

Under their new

ownerships, the insured values are cut down, and the running costs, expenses, and wages are below the stroke of a pen to a minimum, and which the vessels are so often British scale. The draught to the question of replacement be comes indeed a problem. The in- loaded, and the conditions and re- evitable, however, cannot be put off gulations under which they are for all time, and this fact is run, are such that the foreigner can afford to forfeit bis-reduction brought home far more to the British owner than to the for in freight on the cargo for insur- eigner. There comes a time when ance, and to cut freight rates to the decided diandvantage of the During the war,

n vessel, on account of her age and British owner. upkeep, is no longer an economie proposition. The Board of Trade and for a short period after the Regulations, the Periodical Sur- War, there were regulations pro- veys and the Factory Acts involve hibiting the sale of tonnage to an enormous expense in renewals foreign Bags without Government and upkeep year by year. Tha sanction. Government interference. they are necessary for the protes but the regulations at least made is the last thing to be sought for, tion of life and property is noti denied, but their incidence is oer Noah's Arks" until they were the British owner run his own tainly more severe in this country than in most.

no longer moneymaking concerns, and this enabled him to keep New Or Secondhand 7.

greater measure of control on mar- That there is a good demand for kete and to protect his newer ton- secondhand tonnage is shown by nage. He might now do well to the high prices being paid and such give more serious thought to the tonnage is scarce, especially the sale of his old tonnage, and at- really good vessels, and is in the tempt to devise some method of hands of strong owners who are | self-protection.

"HARBOUR ITEMS.

LATE SHIPPING NEWS.

SUICIDE, DERELICTS,

TYPHOON.

On the arrival of the I Hai Hong (Douglas steamer) from Foo- chow and Swatow, yesterday, the master reported to the Harbour" Office that during the voyage from Foochow to Amoy there were vari- able winds, and a smooth sca. Amoy was left on August 15th, and Until further notice steamers 'ar- the ship had to anchor in the outer riving from Swatow having on barbour until the typhoon bad board more than thirty through entered the const. From Amoy to passengers will work cargo in quar Hong Kong there were variable antine as a precautionary reason. winds. The steamer brought 500 This was done by the se. Fun' deck passengers, including in this Overstraten on her arrival in port number 341 men and 91 wamen here..

Arriving from London vid porta Quarantine restrictions have been "yesterday, the P.&O... Morea imposed against arrivals from frem Home mail, dated, Landon, July 21st, and parcels of a week earlier. The Marea sailed North. with Home and Europe mail via

Holbow on account of cholera.

On arrival of the La Hong Hus Siberia yesterday afternoon. This from Singapore yesterday, the Master reported that there was one morning the P & O. s. BamaŢ- suicide

pindi is due from North with Home among the deck passenger and Europe mail vid. Siberia. (This during the trip. By what means is vessel was in Hong Kong not long not stated. The Hong Hwd brought go and was then described as one 973 Asiatic deck passengers, of whom 772 were men, 92 women, en of the crack P. & O. libera). She sails to-morrow at noon, taking the boys and do girls.

outward Home and Europe mail vid Marseilles The forca brought During the voyage of the City of here 234 bags of mail, included in Glamor (British) from Yokobama which were 100 bags of letters and and Keelung to Hong Kong, three papers from the United Kingdom, Japanese were picked up from a She also discharged here 100 London water logged junk.

parcels.

W.Os

Consignees of Cargo by her are hereby having arrived from the shove ports, informed that all Goods are being landed at their risk into the hazardous and/or extra hazardou Godowns of the Bong Kong and Kowloon Wharf and

be obtained

cleared by the 25th August, instructions have been given to 1987, at Noon, will be subject to Bont

All broken, chafed and damaged the contrary Six hours before arrival of Packages are to be left in the Godowns, the Staser

Goods not cleared within 8 days, ini- where they will be examined in the

Mestar cluding of arrival will be subject to presence of Consignees Goddard & Douglas on 24th August Rent

against 1987 at 10 Le Tessel including these for Cargo shorts delivered must b be presented on the Special Form provided, and must also be submitted within 30 days of arrival. otherwise they will not be recognised

No Fire Insurance will be effected by

in any case wiebsver.

Claims

Bills of Lading will be countermgned by JARDINE, MATHESON & Co., La, Hong Kong, 19th Aug, 1927. [5732

Agenta.

MARTIN'S

APIOL & STEEL Sureandcertain for all Female complaints.Every lady should keep a box in the house.

Chemists and Stores sell them throughout the world,

Proprietor MAKTIR, Chemist, "Southampton, England.

He Fire Insurance will be effected by

any case whatever, Damaged Packages must be left in the Godawas for examination by the Consignees, and the Company's surveyors MEER. GODDARD & Douglas 6 10 am. on Mondays and Thursdays, within the Free Storage period.

instant, si 10.

No Fire Insurance has been affected. Bill of Lading will be countersigned by GIBB, LIVINGSTON & Co. LTD.,

Agenta.

Hong Kong, 16th Aug., 1927. [3226

HAMBURG-AMERIKA LINIE,

NOTICE TO CONSIGNEES.

Steamship

TON BABYER" having arrived. Consignees of Cargo are hereby notified that their Goods are being landed and placed at their risk in the Hong Kong Kowloon What & Godowa Company's godowns at Kowloon, where Delivery can be obtained as the Goods are handed.

Notica has been given prior to Steamer's Optional Cargo will be landed, unless

arrival.

No Claims will be admitted after the Goods have left the Godowns, and sli Goods remaining undelivered after the Med Aagant, 1997, will be subject to Beat

All broken, chafed and damaged Goods are to be

to be left in the Godowns, where they will be examined on 19th August, 1927, t Geddard and Douglas. 10 sm by our Surveyors, Messre,

All Claims must reach us before, the recognized 29th August, 1923, or they will not be

No Fire Insurance will be effected. Bills of Lading will countersigned by the Undersigned.

JEBSEN & CO.,

Agcats. Hong Kong, 15th Aug., 1927. [5991

NORDDEUTSCHER LLOYD, BREMEN.

-ANHALT".

INCLUDING

HUGO STINNES LINTE

COMBINED TRRIGHT AND PASSENGER BEB VIOR CABIN CLASS ACCOMMODATION FOR 50 PASSENGERS.. FARE FROM HONG KONG TO GENOA~£73, 06, 0d.

OUTWARD.

Sailings from Europe for Shanghai and Northern Ports

9.8. "BAARLAND" (JAL) - ... 9.S. EMIL KIRDORF ~ (H.St.L.) 9.8 "RESSEN“ (BAL) ... 5.8, SACHSEN” (HSLL)

dus here on or about the 99th Áng. due here on or about the 17th Sept. due here on or about the 27th Sept. dag here on or about the 19th Oct,

88. PREUSSEN” (B.A‚L)............... ........ due here on or about the 25th Cet. HOMEWARD.

Sailings for Europe via Manila, Singapore,

Colombo & Port Said -

* M.V.“ KUENSTERLAND ”

(H.St.L.)... sailing from here on or about the 27th Aug. † 9.8. "OLDENBURG" (B.A.L.) sailing from here on or about the 9th Sept IS.8. “ADOLF VON HAEYER”

(H.St.L..)... sailing from hare on or about the 21st Sept. 18.8. "SAARLAND" (HA.L) ... sailing from here on or about the 1st Oct 1.9. "EMIL KIRDORF" (H.SLL) sailing from here on or about the 2nd Oct.. SS. HESSEN” (EAL).............. sailing from here on or about the 1st Nov. 8.8. "BACHSEN" (E.SEL.) ...sailing from here on or about the 15th Nov. * Calling at Marseilles, Rotterdam and Hamberg.

↑ Calling at Gencs, Rotterdam and Hamburg.

61]

„For Freight, Fassage and further Particulars please apply to

JEBSEN & CO.

12, Pedder Street.

Tol, C. 2225. Tel 0. 4754

JAVA-CHINA-JAPAN

JCJL

York Building

Hanglamp.

LIJN.

Tel. Addres

JAVALYN

Tel. Central 1574

SEGLAN FORNIGHT SERVICE BETWEEN JAVA, CHINA AND JAPAN.

STRAMENE

EXPECTED WILL

OY OR LEAVE ON ABOUT

FROM

QE ABOUT

-JAVA SHANGHAI

In Port

H

29th --31st- 81st

Fox

BATAVIA

SWATOW & SAIGON

ANOY, SHANGHAI

BATAVIA

BATAVIA 4th Sept 8th Sept. SHANGRA

Kzowa. 6th

| GORJISTAN TJISAROEA

In Port Sat Aug. Maxaman & Java TJIKEMBANG BATAVIA 21st Aug. 23rd." SHANGHAI TJIBONDARI ... S'HAL, K’Luxe. 23rd`, 25th TIIPANAS JAVA, MAKASSAR

27th & MANILA THE Steamer baving arrived from BREMEN; HAM. TJITAROEM JAVA, MAKASSAR 29th ...N. C. & AMOT | 29th ate hereby notified that their Cargo is BURG and Forts, Consignees of Carge TJISALAK being landed at their risk into the Go. downs of the Hong Kong & Kowloon Wharf | Godowa Co., Ltd, Kowloon, where Dolinary can be obtaine

All Goods remaining undelivered after before 6th September, 1927, or they will the 22nd of August, 1927, will be subject No Fire Insurance will be effected by

any caso whatever.

be

All Claims against the Steamer must the Undersigned on or presented

not be recognised.

No Claims will be admitted after the Goods have left the GodowIL. MACKINNON, MACKENZIE & Co.

Agents. Hong Kong, 17th Aug., 1927. [1228

OVER HALF A CINTURY ROPOSA DION PILLE FOIL "THE

OR LECLERC'S UVER I DIDNEYI:

Lavazzania for Dusseran of than Extroseansi.) Dakar, Grays, Basalts, Gys, BÆRELATIE, 1. PRZEM Leading Osmanen, vm 200 Pasi JK. Lakkame Man, Co., Hayastach St W,W.|

DLE CLERC'S

VAJO: VER, APERIENTA OB LECLERC'S ANAGRIA, Fries $1

FILLS FOR

CAFE AKO KASALIGE FOR. LATER AGACHING, DRALE GLEXCI (GAM 14, or 5 Zabi 13.

to Reat

13

Godown for examination by the Con- Damaged Fackages must be left in the signees and the Company's Surveyors, Mesra, Anderson & Ashe at 10 min, on the 18th of

No Ulingust, 1927,

will be admitted after the Goods have left the Godown sad ali Claims must be presented within Two Werks of the Ship's arrival here, after which date they will not be recognised.

Consignees are requested to surrender their Bills of Lading to the Undersigned for countersignature.

MELCHERS & CO.

Agents, NORDDEUTICHES LLOYD, BREMEN, Hong Kong, 15th Aug., 1927. (3220

THE HONGKONG & WHAMPOA DOCK

COMPANY,

LIMITED.

TELEGRAPHIC ADDRESS "MANIFESTO," 'HONG KONG,

Cons Used A1, A.B.O. FRE-Edition ↑ Engineering: First and Second Editiora . Werbern Union and Walkin's "Benson's Marconi,

Dock Owners, Ship Builders, Marine and Land Engineers, Boiler Makers, Iron and-

Brass Founders, Forde Masters, Electricians.

S.S.

CHANGTE.”

DILT AND EXPIED AT ROWLOON DOCES DY THE HONG KONG & WHAMPOA DOCK DO. LTD, TO SUE ÜRDER OF THE AUSTRALIAN ORIENTAL LINE, IND, ER AUSTRALIAN-HUNGI KONG BRAYICH2. Please address enquiries to the Chief Managor,

R. M. DIEB, BSc, MINA, Kowloon Dock, Horg- Koka.

144

A 12th N. C. & AMOY 12th

·BATAVIA

18th

TJIMANOEK TJISAROFA TJIKARANG TJIKINI ......JAYA, MAKasar 26th

P

8th

14th

14th

2nd

S'HAL KLUNG 20th # and

Wirelem Telegraphy...

28th

BARAVIA

AXOY &N. CEMA Maxamax'& Java:

BHANGELI

BATAVIA

'AMUT & N. CHA

The steamers are all atted throughout with Electric Light and have accommodate for a finited number of saloon Passengers. All steamers carry a duly qualified surgeon Cargo taken at through rates to all ports in.. Netherlands India and Australia..

10]

For Particulars of Freight and Passage, apply to the

JAVA-CHINA-JAPAN LIJN.

THE EAST ASIATIC CO., LTD.

COPENHAGEN.

The M.S. "ASIA"

will be loading for ROTTERDAM, HAMBURG, COPENHAGEN

and other SCANDINAVIAN POETS On or about 10th October,

Further

Sailinge

M.S. "Java"

M.S" Asia"

MLS. "Afrika"

Expected on Wil leave homeward-bound

or about

on or about

23rd August

9th September 10th October, 1927 20th October

Subject to change without notice. For further particulars, please apply to —

411

JOHN MANNERS & CO., LTD.

Agenta.

WITHOUT PURE BLOOD HEALTH IS IMPOSSIBLE.

BLOOD

VETARZO MEDICINE

Never before was there saything like it, nor are its marvellous properties

likely ever to be equalled in disenses arising from impure blood: It seST-

ahes out and expels from the vital current every lurking trace of poison. sus matter, caring blood and skin diseases, serafulani and gisadular rrellings, bad legs, owocases, ulcers, eczema, gout, rheumatim, goitra or Derbyshire Neck, etc. It improves the general health and quickly removes long-standing bronchitis, methms and hacking, straining,

spasmodis cough, too often the precursor of con

consumption. LIFE WITHOUT HEALTH IS LIVING DHATHL

BRAIN AND NERVE FOOD.

VETARZO For Barrons Breakdown and

VETARZO REGULATORS, Bafe and Reliable, English Price 3s. (either remedy). The VETARZO REMEDIES.CO. Gospel Oak, NAW8, London, Eng Unprinsipled Dealers may try to sel.fvou"something else for extas profif-e-do not neopt it. Inafat on baring VETARIO. The grades has words “VETARZO REMEDICA" is Government &tamp, Bold by LaDING CASH CHEMINTE SEA

FOR DIRECT,

PARIZINATION RA

IZCUALES

ENGLISH

PODOS

TENDER ARM

CE, KKickx, 19, QUAI VAN DTOL, ÅREWERY

P

T