PAGE 14 HONGKONG DAILY PRESS
HONGKONG.CANTON & MACAO STEAMERS
JOIN SERVICE OF THE HONGKONG, CANTON & MACAO STEAMBOAT CO LTD &THE CHINA NAVIGATION CO.LTO
TRAVEL THE
SHORT
SAFE
SEA
WAY
by the
British Line
"
CANTON LINE
The
1.5.
next sailing of the "Fatsban" from Hongkong will be on the BE am, and return- ing from Canton on the -- at
MACAO LINE
DAILY SERVICE
From Hong Kong:
"Taishan"
"Kinshan"
From Macao:
"Taishan"
"Kinabar"
Note:-All vessels equipped with Wireless. QUEEN'S BUILDING, CONNAUGHT ROAD
Telephone 20101
THE BEN LINE STEAMERS, LTD.
FOR LONDON, ROTTERDAM, ANTWERP and LEITH
For Freight and Passage apply
to the Agents:
W. R. LOXLEY & CO., (CHINA) LTD.
Tel. 34165
York Building.
FOR A REAL GOOD WHISKY
TRY
‘SANDEMAN”
SCOTCH
WHISKY
obtainable at
Wing On Co, Ltd. Sincere Co., Ltd.
THE
French Store. Hang Cheong..
APE
·
SHIPPING BOOM
Continued From Pare 1
pald a round of visits to the lead- mg shipping and insurance firms th the city yesterday,
FREIGHT RATES
It Was ascertained that the various conferences governing the freight rates from Hongkong de- cided this week on a general in- crease of 25 per cent, on their freight rates from Hongkang to the following ports, viz. Manila, Bingapore, Rangoon, Calcutta and other Indian ports, Australis, New Zealand, Fiji, Rabaul and South Sea ports via Rabaul
The increase to all ports in Europe and to Batavia and D.EI. ports, is 20 per cent. The rates to the West Indies, via the Panama. have gone up by 50 per cent., and rates to American ports across the Pacife by 20 per cent, only.
become
These increases uperative only from October 1 and shippers are doing all they can to find boats to take their cargo away before the end of the month, when the increases come into force.
on
{
INSURANCE RATES The increased marine war risks insurance rates.
the other hard, are already operative, Marine risks are never, even in peace-time conditions, quoted for more than a week in advance, and the rates are constantly subject to change.
-
tur instance, while war risks insurance rates to Europe vla the Mediterranean were quoted at June 9 last at only per cent.. by August 24 It had Jumped to 2 per cent. Five days later it was ! per cent.. and on the day war was de- clared it had risen to 6 per cent. Since September 9, how- ever, it has been 10 per cent. an increase of 2,400 per cent. over the June 9 rate. The rates for shipment. not via the Mediterranean, have risen from per cent at June 9 to 1 per cent. on Aug. 24.21 on August 29, and 31 on September 2 (the day war was declared, to the present figure of five per cent,, which has been quoted since September 6, when the rate was last changed.
ITALY'S DECISION
An increased rate of 7 per cent. charged on cargo for. European continental ports, north of Dun- kirk, was cancelled after Italy's decision to remain neutral was I made known.
During the last Great War," the war risks rate for shipment. via the Mediterranean, was as high as 15 per cetit, and it is expected that the rate will increase or decrease according to the activity or in- activity, respectively, of German submarines on the main shipping routes to Europe.
U-BOAT MENACE The manager of a well-known Insurance company pointed out that Germany is estimated to have only 83 submarines, and that if they were being destroyed as fast as the reports say, the U-boat menace should disappear within a few months.
BLUE FUNNEL
LINE
FREGULAR AND FAST PASSENGER SERVICES |
FREIGHT AND
LONDON SERVICE
LIVERPOOL SERVICE
NEW YORK SERVICE
PACIFIC SERVICE(No45 088%, KOBE, NAGOYA & KOKOWAPAJ
INWARD SERVICE
Specially reduced fares are quoted for cargo steuners with
limited passenger accommodation
For freight, passage rates and information apply to
Butterfield & Swire,
Tel. 20333
Agnata. 1, Connaught Rovi, C.
"Of course a' certain number of those lost will be replaced," he added, "bat. It will be im- possible for Germany to keep building submarines as fast as they are reported to be des troyed."
In the last war, he pointed out, referring to Lloyd's Calendar for 1939, Britain lost nine million tons of the 15-million tons of shipping lost by the Allies.
BRITISH LOSSES
"If the Germans continue to sink our ships at the rate they have been doing during the last three weeks," he continued, “and if the war continues for three or four years, as is expected, the loss of British tonnage will probably exceed that of the 1914-1918, con- dict.".
<
He read out from Lloyd's Calendar that of the two-and- a-Half-million tons of shipping lost by the enemy in the last war,
one-third
nearly
either captured or sunk by the British.
New Type Of Government At End Of European War Seen By Mr. Ward Babson
Mr. Roger Ward Babson, renowned statistician, expressed this view at a luncheon given in his honour by Mr. R. Kopelman, of Messrs. S. E Levy & Co. at the Jacobean Room, Hongkong Hotel, yesterday.
Mr. Babson, who arrived in Hongkong yesterday and is sall; ing to-day, has hopes that the current European conflict will result in the establishment of a form of government,, halfway between totalitarianism and democracy, whichever nations come out victorious
In his speech. Mr. Babson de- plored that all the nations seem to be losing their hold on things spiritual in their frantic search for materia) benefit. No riation. he asserted, can hope to be progres sive without the necessary regard for "things that really matter."
"During a recent visit to Argen- tina," said Mr. Babson, "the Presi- dent of that country asked me why
richer and
North America W15 more advanced than South Ameri ca. I did not answer him. Tastead
I
13th Annual Meeting Of Reel Club
EXCELLENT WORK OF OFFICERS
I asked him to think his own ques-Meeting
When the 13th Annual General tion over and give me an answer) Club was held yesterday evening of the Hongkong Beel himself."
at the Helena May Institute Mr. D. L. Prophet occupied the chair, in the Club's President. Mr. W. L.; the absence from the Colony, of Alexander. "
SEARCH OF GOD Mr. Babson received this answer: "The Spaniards came to South America in search of gold, while the Pilgrim fathers came to North
The minutes of the last meeting America in search of God."
were read by the secretary, Mrs. Shifting to cconomic conditions the meeting. In presenting the J. H. Littlejohn, and confirmed by in the US., Mr. Babson, said that Treasurer's statement of accounts. bustness there is returning to nor- Mr. Prophet, in a brief speech re- mai, Prospects are passing fromferred to the excellent work done bright to brighter, and the noted by these two officers, the secretary statistician predicted that this and treasurer, and recorded a vote trend will continue in spite of the of thanks and appreciation of their
US, retail trade, according services to the Club. to him, is at présent my eight per Mr. Prophet also said that this cent. but Mr. Babson expects it to year they were going to have a re- hit an average of 15 per cent."becord number of children for the fore the year is over. With nearly dancing classes and appealed for all phases of US. business on the lady volunteers from among the ascendant, Mr. Babson sees nothing members to assist in their train- strange in the slump in building ing. Those prepared to offer their construction Els explanation: in services were requested to send in the building industry the more their names to the secretary." units the higher the market price
SOUND FINANCES
war
of materials used and the cost of In presenting the report and labour.
statement of accounts for 1938-39 the CAPITAL TO INVEST
chairman said that the Anances of the Club continue to Investment in high grade indus-be in a satisfactory position, the trial stocks of "companies without total funds on hand at July 31. debts and which own natural re-1939, being $561.63. sources should come next for peo-; During the year 49 members "ple with capital to invest, Mr. Babjhave either resigned or have been son advises this course of invest-written of the membership roll, ment because: 1, Indiation will be while 10 new members have join- inevitable; 2, costs are low: 3, ed: the Club membership is now money rates are so low.
182. Members having friends who wish to join are invited to all in entrance forms and send them to the Hon. Secretary.
Mr. Babson stated that the Vice- President in America is not John Garner, but Miss Perkins. Secte- tary of Labour, and John Lewis, that the total receipts from mem- The statement of account shows the Labour Leader, who preached hers subscriptions amounted to the doctrine that one does not have $845, which, with the balance of to work, which is contrary to the $835.22 carried over from last year, economic law that the more people brought the aggregate revenue for work the more wealth there is to the year to $1,280.22. divide. He further said that in- fiation was coming soon whatever ture of $718.59 of which the three Against this there was expendi- be the result of the war and conse" largest items were, Helena May quently purchase of gold shares Institute $180, Instructor's honar- was the best hedge against infia-arium $250 and Loss on dance tion. His index, which was 30 per $127.48. cent, above normal in 1929 30 per cent. below normal in 1932, 10 per cent, above normal in 1937, was to day 3 per cent, above Hurmal
BUSINESS AXIOMS
OFFICERS ELECTED
elected for the new year.
The following officers were then Pre- sident D. L. Prophet, Vice-Pre- sidents: Mrs. Robertson and A. Me- Mr. Babson made frequent refer Kellar. Mr. McKellar was also re- ences to business axions he had elected treasurer although he had learned from his father, who was kett was elected Secretary vice asked to be excused. Mies S. Bas- a New England banker and quoted the following:
"Of all the ships that sal the seas the worst ship is partner- ship."
"Debts are more dangerous than germs."
"Remember that fish would never have been caught Hit hadn't opened its month."
Mrs. Littlejohn who was leaving the Colony shortly.
The general committee elected were: Mr. W. R. Forsyth, Mr. G.. A. Leiper, Mrs. W. Daziel, Miss G. Swan, and Miss D. Eenderson.
Mr. W. Kay, as Chieftan of St. Andrew's Society in Hongkong, will continue to be the Club's Patron Pipe Major W. C. K. Mac- kle is still the honorary instructor, Mr. Babson's speech was most and is also one of the four honor-i enlightening and was thoroughly ary pipers, the other. three being enjoyed by the gathering which Mr. H. C. Watson, Mr. G. Nisbet consisted of prominent Chinese and Mr. K. 9. Morrison... and foreign business executives.
DARING THEFT ATTEMPT
CHINA UNAFFECTED Discussing freight charges with the manager of one of Hongkong's
Ng Eau, unemployed, was sen leading shipping firms, our repre-tenced 'sentative learned
to four months' hard that freight labour by Mr. R. Edwards, at the charges to Bangkok, and to China Central Court yesterday, on a coast ports were not going to be charge of theft of three pipes Increased.
The amount of shipping from Buliding, on Wednesday.
from the Cigar Shop, Alexandra here to Bangkok is too small to stand an increase in charges," he
The defendant went into the
PRACTICES
The Club commenced its pras- tices for the 1939 season last after- noon at the Helena May Institute and will continue these practice meetings every Friday evening 17. There will be nine practices from 5.45 o'clock to 7.15 until Nov. in all before next St. Andrew's Day celebrations.
BRIBERY CHARGE. AGAINST P.C. Charagh Din, Police Constable
pointed out, "And, as far as China shop for matches, and when he No. ES43, appeared before Mr. T. is concerned, the rates are already was given
a box," he aked per. Houston, at the Central Court about 40 per cent. above the 1937 mission to use the phone. Miss A level (before the Stro-Japanese Silva, the cashier saw that heterday, charged with attempt- War) and trade is already so badly was not using the telephone. She hawker.
ing to obtain a bribe from a affected by the Japanese coastal suspected him and sated Mr. L
It was alleged that, on Beptera- blockade, that, there is absolutely Rodrigues, who was inside theber 21, defendant attempted to no fear of any further increase in shop, to arrest the defendant. obtain one cent from Tang Pun, the ratea."
Three pipes were found tucked through another unlicenced haw under his jacket when he was ker, Chan Hwal-chi, searched.
Asked whether a decrease was likely, he said: "No, there seems to be enough cargo to maintain the present rate
Ng was also placed under police for 48 hours to enable defendant. Farther hearing was adjourned supervision for two years.
to obtain legal advice,
SATURDAY, SEPTEMBER 23.
FOREIGN MAILS
1939.
HONGKONG, SATURDAY, ford SEPTEMBER, 1938, 8:30 AM.
Haiphong Јарал. Straits.
Strata and Manila Japan.
INWARD MAILS
From
tir Mail by "Imperial Airways Direct · "Service"
---London date, 17th Septembar.
Manila.
Canton.
Halphong and Fort Bayard
Shanghai, and Amoy....
Calcutta and Straits.
Shanghal.
Haiphong.
Japan. Amoy. Shanghal.
Japan.
Shanghai.
Calcutta and Straits...
Manila
Japan.
Manila.
Air Mail by "Air France Direct Service”-Faris
date, 20th Sept.
Air Mali by "Pan American Air-ways Direct Ser-
vice"-San Francisco date. 21st September, Straits ... Manila
Due
23rd Sept.
33rd Sept.
23rd Sept.
23rd Sept
23rd Sept.
2th Sept.
24th Sept.
24th Sept.
34th Sept
24th Sept.
25th Sept
25th Sept.
26th Sept.
95th Sept.
26th Sept.
26th Sept:
*6th Sept.
26th Sept.
26th Sept.
28th Sept.
28th Sept.
26th Sept,
27th Sept.
27th Sept.
27th Sept.
97th Sept
27th Sept.
27th Sept.
27th Sept.
$7th Sept.
27th Sept.
U. 8. A Honolulu and Japan- (San Francisco
date, 2nd Sept.).
28th Sept.
28th Sept.
Straits.
28th Sept.
Shanghal Japan
29th Sept."
Haiphong
"28th Sept
29th Sept.
U. S A., Honolulu, Japan and Shanghai. (Ban
Francisco date, 8th September),. Shanghai and Amoy
30th Sept.
Jat Oct.
1st Oct.
2nd Oct
Frd Oct.
3rd Oct..
3rd Oct.
3rd Oct.......
Australia and Manila.. Bandakan,
3rd Oct.
4th Oct.
U.S.A.. Honolulu, Japan and Shanghai (San Fran-
cisco date, 8th September).
4th Oct.
4th Oct.
Straits, Japan.
4th Oot.
Bangkok Saigon and Tourane.....
Shanghal
Haiphong.
Straits.
Java and Manila.
Japan,
Shanghai
Straits.
Calcutta and Straits
Japan and Shanghal. Australia and Manila,
Straits.
OUTWARD MAILS
Registered and Parcel Mail are closed 15 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 9 am, registered and parcel mails are closed at 5 pm, on the previous day. mails are advertised to close after 5
When Parcel malis are closed at 5 p.m.
pm. Registered
Shanghai... Fort Bayard Saigon
For
SATURDAY
Formosa, Shanghai and
and
Date and Tizne
¡Sat, 23rd.
8.30
9.30 AM
9.30 AM
Japan.....
3.30 rx
G.P.O. & EP.O.
Shanghai, Japan, Honolulu, U.S.A., Central
South America and Canada via San Francisco-} Reg." due San Francisco, 12th October,
and
Parcely
340 PM
3.40 PM
| Ord.
4.30 PM
Amoy. Straits. Saigon.
5.00 PM
-3.00 PM
5.00 PM
SUNDAY.
Sun. 24th.
Japan. Shanghai Ha phong
9.00 AM 8.00 AM
9.00 AM
MONDAY
Mon, 25th,
Swatow Fort Bayard Shanghai
10.3o AM
1.00 PM
3.30 PM
TUESDAY
Tue. 28th.
Canton Fort Bayard and Haiphonx. Japan.
7.15 AM
10.00 AM
3.30 P
Manila, Straits, Ceylon, India East and Boutin O.P.O. & K.P.O
Africa, Egypt and Europe via Naples-due Naples Heg. 19th October
Manlia, Australia and New Zealand via Thursday
Island due Thursday Island 8th October.
4.00 PM
Ont.
4.30 PM
KP.O
Reg.
5.00 PM
Ord.
5.20 7
G.P.O
Rog
5.00
Ordi
7.00 M
O
Reg.
*5.00 PM
Ord 0.30
--G.P.O.
Air Mail for “Imperial Airways Direct
--due London, 4th October,
Service Reg 8.00
Ord,
7.00 c
EPO
Beg. Ond.
-5.00 PM 6:30 P
Airmail for Malays, fara and Australia by "Im- GPO
peria] Airways. Direct Service"-due Sydney, Znd October,
Reg.
Urd.
WEDNESDAY
5.00 M -7 (022 Wed. 27th,
Amoy and Shanghai.
2:30 PM XPO.
Reg. 1,00 2900
Ord.
5.30
GPO,
8:00 PM
Air Mail for Indo-China, Iran, and France (Paris
and Northern Provinces only) by the "Air France Reg. Airways ⠀⠀⠀ Direct Servits"-ine Faris, 6th Oct Ord.
Printed and Published by Henry Lloyd Murrow, for the Hongkong Daily Press, Ltd. at Marina House, third floor, 15-19, Queen's Road Central, Hongkong London Office: 53, Fleet Street E.CA.
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