1934-07-05 — Page 11

ADVERTISEMENTS.

G.

PUBLIC AUCTION.

PARTICULARS & CONDITIONS

of the Sale by Public Auction to be held on MONDAY, the Ori DAY of JULY, 1934, at $ NM, SI the Office of the Public Works Depart. ment, by Order of fin ExcxcENCY 781 GOTTENOX, of Dre Lot of CROWN LAND at Mount Kellett in the Colony of Hong Kong, for a term of 75 with the option of renewal si Crown Rest to be fixed by the Surveyor of H MAJROTY. THE KING, for one further term of 75 years.

years,

PARTICULARS OF THE LOT.

Building Near Rural 1

Rural Building

Lol No. 379,

Lot No. 35,

Mogat

Kellett.

Begistry No

No. of Sale,

Locality.

་

Boundary

Menure-

ment

As per

vale plan.

About

9.000

Contents in

Square fost

Anngal

Rental.

Upest Price.

12885

The Olympian

Luxury Train to Chicago's Greater

WORLD'S FAIR

LOW ROUND-

TRIP FARES

First Clas SEATTLE TO

CHICAGO

$5735

CHICAGO MILWAUKEE

51 PAUL

DACIFIC

$860°

Retum* Limit October 31

1 în coaches *68** touristsimepera

Similar Sow Fares to many other demitazinga. Stoeper #hare one third lewe, Air-conditioned observation Cera

sad dinera tale rumenes-

For further information inquire of peur nearest seamship office, ang Travel Berean, OF

7. N. HICKS, Western Praße Manager

1. P. PAJIL, Azsistant General Petrager Agent Beattie, Wigton GRO, I HAYNES, Pauengər Praße Mésanzer W. & DIXON, General Panonçer Agent

· Chidies. Mineų

LANE, CRAWFORD'S SHOW LOSS

Fate Of Company To Be

Decided In Autumn

&

The thirty-eighth annual general *meeting of Messrs. Lane, Crawford

Co, Lt, was held at the head office company at 93.25 Yanking road, at 5.30 p.m. yesterday. Mr. W. Crawford presided, supported by Mesars. D. Mennie and R. J. Bower year as shown The loss for the by the balance sheet amounted to 8113,160.34. After the notice conven-. ing the meeting had been read, the

man.

chairman said:—

The directors again have to regret that they are compelled to produce accounts showing such a great loss

HONG KONG DAILY PRESS. THURSDAY, JULY 5, 1934.

SHIPPING SUBSIDIES

IN BRITAIN

Important Statement By Mr. Runciman

Jed to its introduction were altered. It would also be on condition that shipowners, through their international i organisations and in any other ways upen to them, press upon shipownÜLS 1 in other maritime countries, the fram- ing of proposals.tending to adjust the supply of tonnage in the world to the demand, and thus to raise freight rates once more to a remunerative level.

INTERNATIONAL MEASURES The Government would continue their effort to secure international consideration of means to place ship ping generally on an economic footing, and they intended to communicate with foreign countries to ascertain their views on the possibility of in- ternational measures to facilitate the abolition or reduction of schemes for laying-up or scrapping superfluous tonnage, or both...

The task of preparing the ground "for and of formulating such in the first instance,

Mr. Waiter Runciman, President of schemes must powers of the chief

F

the Board of Trade

London, July 3. An important statement regarding the position of the British Mercantile Marine was made by the President of the Board of Trade, Mr. Walter Runciman, in the House of Commons, today.

fall upon maritime countries. In considering these problems it was essential to have the co-operation of the Domin- ions and India.

They must bear in mind, not only the position of tramp shipping but, the position in some of the great finer trades, especially those between differ- ent parts of the Empire, which were menaced by subsidisel foreign com- petition.

The Government were therefore informing the Dominions and Indis of the position as they saw it, and seeking their views a to possible lines of action. The Government had been prepared to place at the disposal of the shipping industry financial help on favourable terms for scrapping

He said that the fundamental dit culties, not only of British but of all shipping at present, were the reduction in sen-borne trade since 1929, and the striking increase in the Mercantile Marines of the world since the war

Seaborne trade had fallen since 1939 by one-third and was less than in 1913. On the other hand, merchant shipping had increased by about 50 per cent.older British cargo tonage and since 1914. The results were seen in the depressed international freight mark to and in the balance sheets of shipping companies.

Tramp freight stool at about three-quarters of the 1918 figure, although running costs were greatly increased. While liner freights, owing to the conference system, stood at relatively higher figures, many liners were running with empty space. In result, cargoes were being carried on an paremunerative basis, with dis nstrous resulta to shipowners.

PROBLEM FOR EVERYBODY Very few British shipping companies were covering their running expenses, and fewer still were able to make the necessary provision for replacing their ships as they became out of date. This was not only the shipowners' problem, but concerned in particular ships' offi- cera, engineers, and seamen, as well as

the nation as a whole.

If this state of affairs were due to fair competition it might be held that the British Mercantile Marine ought to fight its own battles, as in the past, without Government aid, but this was not the case.

The increase in the Mercantile Marines of some other countries had been due in a large part to the stimulus of anbaidies, and that financial help was still being given by many foreign countries.

Other countries were, of course, adopt what policy

free

providing a smaller quantity of up by to-date cargo tonnage, either construction of new ships" or "the modernisation existing vessela. REDUCTION IN SURPLUS SHIPS

tion in surplus ships, and to maintain The object was to ensure a reduc-

the standard of efficiency of cargo

U. S. BASEBALL

Cincinnati Red

Scoreless

COLOMBO'S

SURPRISE

(Continued from Pare 10.)

polit... á high-class racehorse New York, Joly Frank Butters" important stable should have. Red Lucas, pitching for the sent out its third winner of the. Pittsburgh Pirates blanked the

day when Achtenan pron the Cincinnati Reds in nine innings. Prince of Wales'a Stakes for Mr. hir side winning by 10 runs,

T. Lit. Lo Zingaro was" the short-priced favourite to Crash this tile, Mr. Dewar's » cölt

1.

Jimmy Foxx scored two home runs, but the Pirates still bowed the knee to the Senators.

The following were the results. National League

R. H... E +2 New York

19 2 Boston..... 5. 12. 20

Urbariskt homered for Boston.

11 13 D 2 7 0

Philadelphia Brooklyn

Cincinnati Pittsburgh

1

i

10 18 Red Lucas pitched for Pitts- burgh.

St. Forts

7 13 Chicago

3 13 0 Medwick homered for St. Louis.

American League

R. H. E. 0 Washington .................... 12 14 Philadelphis

#11 2 Homers by Stone and Cromin (Wash.) and two by Jimmy Foxx for Philadelphia,

Detroit

• Boston

finished fust outside the Arst three, though possibly he Was rather better than that.

The winner stays well, and if he had been able to run for the Derby we can see, now that he would have made a worthy show, s Jockey, took a nice place with him on the rails and getting through In good, time he was able to get. --a clear ran home from

Washing

712 2

2

7)

0

Cleveland C

Goslin homered for Detroft.

io 15 New York. 13 1 Homers by Lary Werber and R. Johnson (Boston): Louis Gehrig. Vanatta and Crosetti (New York); 11 Innings play- ed.-Reuter.

DONATIONS · RECEIVED

The Rev. Erris C. H. Tribbeck

Beats. There had never been any in-gratefully acknowledges, on behalf tention of compelling any shipowner of the Committee of the Sallors to take advantage of the scheme if he and Soldiers' Home, the following did not wish to do so.

Nevertheless, it had not been Annual Subscription and Donations favourably received by shipowners to the Finds of the Home:- The government were still prepared to

Annual Subscription. co-operate in this matter

Mrs. Spradbury .......$10.00

Various suggestions had been put forward for the assistance of British shipping by the reservation of inter Imperial trades, perferential treat ment of British ships or cargoes carried in British ships in Empire ports, differ- ential duties against foreign ships had the benefit of Government which subsidies, etc.

These were all measures which had their own dangers, but they might have to be considered if the proposals now outlined did not lessen the menace to the British Marcantile Marine. In conclusion, Mr. Ranciman urged the industry to make greater efforts to improve its position British Wire less.

they thought fit, but from M.C.L. CHILDREN'S

point of view of the British

Mercantile Marine, competition creat ed and maintained by Government aubsidy could not be regarded as fair

competition, and British shipowners

to the help of their

CLUB

Donation) "Anonymous "

200.00

.

Extension Fand Mrs. F. M. Deacon... 50.00 All gifts however small, will be very welcome and may be sent to the Sailors' and Soldiers' Home, 22, Hennessy Road, or a representative would gladly call and collect same on receipt of a telephone call, Dial 24620.

SEAL LEAVING FOR ENGLAND

''tôn, who, Ưño worse for his race. may compete against Easton and the French horses for the Grand Prix on Sunday - réxt.

Ma, Colombo Thunderbolt

Then came the thunderbolt -of the 's 'dny—a real old-fashioned Ascot surprise when a presumed certainty, on which odds are: free- ly bet, gets beaten. Colombo, &t 5 to 1 on failed by half a length: to beat Lord Rosebery's Flamenco. for the valuable St. Jame's Fa lace Stakes. The one that was seriously expected to represent most danger to Colombo, Lord Astor's Law Maker, never came into the argument.

Colombo, possibly jumped off slightly better than Flamenco, but they had not gone a furlong be- 'fore he was four or five lengths behind Lord Rosebery's colt, John- stone must have intentionally eused his colt, no dodo; expecting to challenge and win in the straight. Colomba's trainer has always told me that the horse 'pre-

We fers to run his own race. must ässume in this case. that Johnstone was riding to, orders.

Flamenco proceeded to show the of being kept way and, instead close to the rails after making the bend inta the straight, Harry Wrass deliberately chose to come wide up the middle of the course. Even so, he was able to win. Now the Jockey obviously had come to the conclusion that the going was more favourable in the middle of the course than next the rails One was reminded of what he did when, at Sandown Park, he won the Eclipse Stakes on Miracle for Lord Rosebery by coming right over on to the unwatered ground.

Disastrous for. Backers. Colombo maintained the chase next the rails, to be beaten half a length. On the face of it the form looks fairly right if we re- member that Windsor Lad beat Flamenco a length for the New- market Stakes... And yet Flamenco did not give Windsor Lad a lot of start in that race. The point is that ninety-nine people out of a hundred thought Colombo sure. to win. Hence the long odds jald on, and I am assured that The Royal Artillery First Divi- which means that disaster came they were laid to big amounts, football team who were last to such backers.

sion

Interport: Soccer Left Winger

Government it, they were not ablo Meeting Arranged for men will be deprived of get an- in mind, earlier in the afternoon

successfully to defend themselves.

The efforts of the British Govern- ment were primarily directed to an increase of internationl trade. But the revival of world trade might be Alow. Passenger and cargo liners were suffering from the falling off in world trade and from subsidised foreign competition.

SUBSIDY FOR TRAMPS » On the other hand, by means of their conference arrangements, they were able, to a certain extent, to protect themselves, although it might be necessary for special measures to be taken by the Government in parti- cular trades.

The bulk of tanker tonnage was in the hands of the big oil trading com panies, and this class of tonange had adjusting supply to demand. inaugurated the international plan for

The position of coasting and near

To-Morrow

The Children's Club of the Peak

year robbed of several of their best-know that Harry Wragg hid other in the person of Bdr. Beal,

to experiment in the matter of the Interport left winger and the going. He had mentioned his former skipper of the Gunners Intention to me, though he said he who leaves, the Colony to-morrow wanted to find out more about it by HMS Berwick for England, football four years ago in the bo has had enough of racing for Making his debut, in Hong Kong in I hesitate to say that Colomn- In the races he was going to de

Artillery Second Division team, he the time being. Some critics will was promoted to the senior divi- ston in the 1932-33 season when

be, sure on the pomijand wil Friday he was on splendid form

never have a good word for him,

there is an again. If they are right, then

· explanation of this

Branch of the Ministering Chile drea's League is to start it's ac- tivities on Friday next (July 67 at 4.30 pm, and meetings will be held

every subsequent

throughout the summer.

80 consistently well did he play

Mrs. Gordon Mackle is in charge in the season mentioned above falhire, I cannot subscribe to the

of the Club this season, and Mr. Grayburn of No. 355 the Feak bar most kindly offered the use of his house and grounds for these cheery weekly gatherings.

Mrs. Mackie has collected a won

that he was finally selected to play for the Colony against Shang

on the Club ground, but he falled badly. Originally one of the finest left wingers in the Colony, Seal has somewhat drop- ped off his best form.

sea trades mised considerations some-derful staff of helpers, and the Seal is leaving to take a special in trading for the twelve months what different from those applying to children will be shewn how to course in, gunnery, and it is quite February 28, 1934. The causes ocean-going shipping, and no special make all sorts of pretty and useful possible that he will return to the for this loss are practically the same

une measures in respect of these trades things while the older children Colony later. as those mentioned in

in my speech that were proposed at present. year, decline in turnover. There has

As to trumps, the Government were been a further decrease in returns prepared to ask the House for a grant last twelve inonths, high..for vessels carrying tramp cargoes during the

under tramp conditions, the subaidy retailers who deal in imported.

will learn some fascinating handy- crafts.

But it is not all hard work

©

view at the moment, though ad- mitting its possibility.

NOTICES TO MARINERS

Private Distress Message

a notice to mariners to the effect The Harbour Master has. Issued

that if a vessel in distress sends a message asking for assistance as a private message bearing a speci- the different classes, and will be fic address and no general dis- “: assisted by Mrs Bousfeld, Miss tress message is sent out the pub- driu, in the garden followed by a Dowbiggin and Miss Jean Mackle. the last year with no abatement in the

unable to tender assistance to the general stampede for buns and

MIRS Taylor and Miss Ainsworth vessel in question or to take steps rontal which we have to poy. This, on, This subsidy would be aimed at lemonade afterwards. Moreover our present turnover, we cannot possecuring the abolition of foreign the children form their own lend-will be in charge of the drill class, to make the need generally known sibly afford to pay and unfortunately subsidios and the greater employ- our lease ruus or to the end of Novemment of British shipping and tying library.... Each child is ask-re. Womack has promised to get in order that ships or persons may ber 1935. When we sold our property

ed to bring a book to the Brat up a variety entertainment for the render assistance. Boafering classes. Such a defensive

Any vessel requiring assistance meeting, and is allowed to take bazaar. and Mrs Bellamy will be

tariffs which are practically and to be used for defensive purposes and there is always an interval for Pamela Potter.Miss Leckie, Miss Hic departments concerned: will be

increase in Municipal rates our rates have been more than doubled during to cost not more than £2,000,000.

- . AIMS OF THE BUBSIDI

in december 1930 one of the conditions subsidy could be given only on con out another book" each week frresponsible for the tea on that from the Hong Kong Naval or Po-.- of the sale was that we should dition that shipowners formulated take a lease of the premises for five scheme satisfactory to the Goverment. exchange. At the end of the sum occasion, while Mrs. Archbutt and Hce Authorities, should address years, and as the proposed rental Such is scheme must prevent, as far mer (probably about October 191 Mrs. Davidson are going to pro- the fessage to the Commodore approximately amounted to the same as possible, the subsidy being disa sale of work will be held at the video big Bran-Tub, Mars, Mackle Hong Kong and in addition to Call figure as we were then paying out sipated by donatio competition of Peak Club, and the proceeds will herself is already selling tickets for Sigh BKZ (any British Man ip debenture and bank interest, and British ships, carrying tramp cargoes,

a most comprehensive 3Raffes of War). .. other incidental expenses which and ensure that it was effectively be given to the M.C.L.

which will include objects cal-" The subscription is five dollars eutated to please aid and young or each child, for the season, and aile kent en m

y ownership of property carries with it directed in securing greater employ: we thought it expedient to accept ment of British tramp shipping at the

these terms. Our returns however expense of foreign subsidised shipping have been falling consistently, since That entailed a real measure 1931, with the resulta as shown by organisation of tramp. shipping. our balance sheete, Every economy Such a subsidy would be given has been and will be made but the for one year only, and within that Directors cannot see that much more period it would be subject to with can be effected in this direction. drawal if the circumstances which

DUMPING) ORFANHES IS PROHIBITED The Harbour Mäster Kän lasted

eight dollars for two or more of All, boys and giris who have not a notice to mariners to the effect

the same, family.

already sent in their namen should that to avoid Pollition, of bathing Raworth, Mrs. Forster, Mrs. attend the first meeting to-morrow beaches, ships are requested not to Edmonston, Mrs. C. C. Black and Friday, at 365 The Peak at half- aume ashes, auimage, garbage etc. Mrs. Buyers will be in charge of past four o'clock.

within the waters of the Colony.

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E-WW 42°14

Hong Kong Weekly Press

British and Chinese Co-operation.

More New Theories Advanced:

In Gas Disaster Inquiry.

The Colony's Finances:

Colonial Secretary's Report.

Week-end Sport Resulta

All the pictures in the Daily duced in an Art Paper Supplement.

are repro-

THE WEEKLY WITH THE YELLOW cover.

Price 30 Cents

Annual Bubscription: Hong Kong, 18; Post Free to any address, $18; Quarterly Subscription, $4.50. Orders should be sent to the

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