1930-06-26 — Page 13

CANADIAN PACIFIC

QUICKEST TIME ACROSS THE PACIFIC 14 DAYS FROM CHINA AND 9 DAYS FROM JAPAN TO CANADA, AND U.S.A.

LEATH

Hongkong Shanghal Kobe Yokohama Vancouver

LEATE

LOLYO

LORYS

Arriva

Empress of Canada

July 10

July 13

July 16 July 17 July 2

Empress of Rasola”

July 23

July 26

July 29

Ingress of Japan. -

Aug. 7

Aug. 10

Empress of APO

Aug. 12

Aug. 14

July 31 Aug

Aug. 20

Aug. 23

Aug. 26

Empress of Canada

Sept. 4 Sept.

Sept. 9

Empress of Russia” Empress of Japan Empress of Aain” 'Empress of Canada

Sept.17

Sept. 20

Sept. 23

Aug. 2614 Aug. 22 29

Sept Sept. 11 Sept. 19

Sept, 25 Oct. 4

Oct. 2 Oct. 5

Oct. 7 Oct 8 Oct 17

Oct. 15

Oct. 18

Oct. 30 Nov. 2

Empress of Russia

Nov. 12 Nov. 15

Oct. 21 Nov. 4, Nov. 6 Nov, 18 Nov. 20

Oct. 23.

Nar. Nr. 14 Nov 29

*{Call at Nagusiki the day after departure from Shanghai.)

SPECIAL ROUND-TRIP SUMMER FARES.. From Hong Kong to Nagasaki & stara G.48 2.50,

Kobe Yokohama

P

0.3108,00 G.117.50

Tickets on sale June 15th to September 15th, final retorn limit October 31st.

Telephonea

Passenger

Freight..

20732 20042

WORLD'S GREATEST TRAVEL SYSTEM

SHIP VIA

You SHORT CUT Your Products Into American Markets

When You

EATTLE

GATEWAY TO AMERICAN MARKETS

"HORT CUT" your products inte

Smerican markers by taking ad-

vantage of the Seattle short route. This route the shortest and fastest to con- suming markets in America - saves valuable days "in transit" and makes possible quicker and more propitious deliveries. In addition there is a pro- portionate saving in your insurance and interest charges.

You owe it to yourself to investigate the advantages of shipping via Seattle

the quickest, most economical gate- way to your American markets.

Write for copy of the Port of Seattle Year- book-it contains much information and data valuable to traffic managers, manufacturers, exporters, importers and others interested in the American markets. Its free for the making.

Write Traffic Department for full particulars

The PORT OF SEATTLE

THE SWEDISH EAST ASIATIC

COMPANY, LIMITED.

SERVICE OF FAST MOTOR VESSELS

(with Limited, but exceptionally good, passenger accommodation).

Loading Direct For

ANTWERP, ROTTERDAM OR AMSTERDAM, HAMBURG

I M.V. "NAGARA”

8.S. "OEYLON"

AND SCANDINAVIA.

Sailing about

29th June. 15th August.

Sailing about

£60.

THE --HONGKONG → TELEGRAPH, THURSDAY, JUNE 26, 1930.

STEAMBOAT CO. DISPUTE.

BIG MAJORITY FOR SIR ROBT. HO TUNG,"

CHINESE BANKS TO REDUCE INTEREST.

TWO PER CENT. ALLOWED ON JU

CURRENT ACCOUNTS.

CONSIGNEES' NOTICE.

OCEAN STEAM SHIP CO., LTD. And

CHINA MUTUAL STEAM NAVIGATION CO. LTD.

The poll of shareholders of the The glut of unemployed money Consignees per Company's Vessel, Hongkong. Canton and Macaoia the local market and the un-

"TROILUS" Steamboat Company has resulted certainty of exchange, together in an overwhelming majority in with the low rates of Interest favour of the resolution moved offered abroad," principally in by Sir Robert Ho Tung that the London and New York, which policy of "farming out" the Chin- have affected the investments of esc freight and passenger busi- local Chinese banks resulted in a

meeting being held at the Chin ness of the Company to the pre-ese Bankers Association yester- sent "farmer," he abandoned.

Clause 79 of the Articles of Association of the Company state that "Upon a poll every member present. In person or by proxy shall have one vote for each share held by him up to ten and an additional vote for each complete ten shares beyond the first ten." Only shareholders whose names were on the register on March 4, 1980 and whose shares had not been disposed of, were entitled to vote. The total number of shares of the company is 80,000, of which 3,447 had been disposed of.

Fram NEW YORK vis SINGAPORE are hereby notified that their cargo having strived per as. "Philoctetes" into Holt's Wharf Kowloon where It from Singapore will be discharged will lie at Consigneas risk and subject to terms and conditions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 24th June.

day, when a unanimous decision

Optional cargo will not be landed was reached by the Committee to reduce interest on current ac-here, unless noties has been given prior to steamer's arrival but carried counts. N

en from part. to

[option extends.

or call to which thot to the fil port

A member of the Committee told a representative of the Press yesterday afternoon that goods are to be left in the Godewas, All broken, chafed, and damaged the glut of unemployed money where they will be examined on any was mainly due to the pre- Tuesdays and Fridays between the vailing unfavourable exchange hours of 10.35 a.in, and noon within which had placed Chinese banks, the free storage period. desiring to invest money abroad, No claims will be admitted after in a most unfavourable position. the Goods have left the steamer'a They had to convert the low rate Godown, and all Goods remaining. Hongkong dollar to the high ex- undelivered after the 80th June, will change value of sterling or gold be subject to rent. dollars. Another reason is the trade depression, and the con- sequent lack of demand for money by profitable and attractive busi- Sirness enterprises..

The result of the poll was as

follows:

53,082 shares equal to 6,987 votes were in favour of Robert Ho Tung's resolution.

8,945 shares equal to 1,319 votes were against Sir Robert Ho Tung's resolution.

-13,026 shares equal to 1.809 votes were neutral.

WAS.

The result of the poll therefore, a majority in favour of Sir Robert Ho Tung's resolution of 44,137 shares equal to 5,068

votes.

The Chinese Bankers' Associa- tion decided that the maximum interest for yearly fixed deposite should be 4 per cent. per annum, for half yearly deposits 3 per cent., for savings deposits 3 per cent. and for current ac counts 2 per cent. The decision which are members of the As will apply to all Chinese banks sociation, although they will have the option of further reducing their rates if desired.

It is understood that prozies. The meeting advises member for 1,500 shares were given in Sir banks not to give interest to eus- Robert Ho Tung's favour hut tomers above, those fixed by the were invalidated due to irregulari-Association. ties.

The Issue.

The exact wording of the issues on which the shareholders voted

was:

That the policy of the renewal of the "farming out" of the Chin- ese freight and passenger

busi- ness of the company's steamers to the same "farmer" in view of the fact that the farmer" is himself a competitor of the company's business, is prejudicial to the interests of the company and that accordingly the directors be, and are hereby notified that it is the wish of the shareholders of this Company that the directors should. abandon the said policy and to adopt a new policy of either giv- ing preference as far as possible to a non-competitive tenderer for the "farming" contract

or runs its steamers on its own account."

LOCAL BUILDING.

FIVE SHIPS NOW UNDER

CONSTRUCTION.

No fewer than Are vessels were completed in local building yards from April to June, according to Lloyd's quarterly report of local building ac- tivities. Four of these wern con- structed by the Hongkong and Wham- poa Dock Co. and the remaining vessel by the Taikoo Dock Co.

With the

Completed at the former yards are the Bohol, Princessa, Lusteveco and Rizal, all to the order of shipping firms in the Philippines. exception of the Rizal, which is at present lying at Kowloon Dock, they have left the Colony for the Philip- pines.

The Bohol is a steel screw motor vessel with a gross tonnage of 267.56, The resolution was proposed by her dimensions being. Length 134 Sir Robert and seconded by Mr. feet; Beam 27 feet and Depth 11.2 Li Tse-fong and was considered fect. She is intended for the Philip at an extra-ordinary general meet-pines coastal service.... ing a few months ago. It was The Princessa, Lusteveco. and Rizal

carried by 34 votes to 22 but the Chairman (Mr. C. Gordon Mackie) announced that in view of the fact that the directors did not approve of the resolution and that a num- ber of the shareholders shared the disapproval, 4 would be taken.

are also steel screw motor vessels and will in all probability be placed on the coastal service.

steamers completed in this quarter, The Wuhu is the biggest of the five

with a gross tonnage of 2,938 and a also nett tonnage of 1,712, Built for the poll China Navigation Co., she is intended for the Yangtse service and left Hongkong about a week ago for the and cargo, her chief dimensions being: north,

She carries both passengers Length 295 feet; Beam 48.1 feet and Depth 21.9 feet.

Long speeches were made at the meeting in favour of the aban- doning of the scheme by Sir Robert, who is among the prin- cipal shareholders, by Mr. Mackie who opposed it, and others.

Five are still under construction, two at Kowloon Dock, two at W. B.

རྞ་

All Claims against the Steamer must be presented to the undersigned will not be recognised. on or before the 14th July, or they

No Fize Insurance will be effected.

BUTTERFIELD & SWIRE,

Agents.

Hongkong, 24th June, 1980.

OCEAN STEAM SHIP CO., LTD. And CHINA MUTUAL STEAM NAVIGATION CO., LTD.

Consignees per Company's Vessel,.

"PHILOCTETES" From UNITED KINGDOM via SINGAPORE.

YURUSİ

EXPRESS

PAKANI

BARBER WILHELMSEN LINE.

THE PREMIER ALL WATER ROUTE TO NEW YORK and other U.S. Altantic Ports via Panama.

All Vessel call at SAN FRANCISCO and LOS ANGELES en route.

Passengers desiring to travel, by this interesting. route will find the accommodation provided well up to their expectations, and at a cost most reasonable.

42 Days To New York

For Passenger and Freight information pleasu apply

DODWELL & CO., LTD.

Queen's Buildings. Agents.

Telephone 28021.

P.&O. BRITISH-INDIA, APCAR AND EASTERN & AUSTRALIAN LINES.

COMPANIES, incorporated in ENGLANDI Taking Cargo on through Bilis of Lading for Strait), Java ind Burma, Ceylon, India, Persian Gulf, Hauritius, E. & S. Africa, Australasia, including, New Zealand & Queensland Forts, Red Sea Egypt, Constantinople, Greece, Levantine Ports,

Europe Etc. A

PENINSULAR & ORIENTAL FORTNIGHLY DIRECT ROYAL

MAIL STEAMERS. · (UNDER CONTRACT WITH H.M. GOVERNMENT.)

are hereby notified that their cargo will be discharged into Holt's Wharf Kowloon, where it will lie at Con- signees' risk and subject to terms and conditions of storage at Holt's Wharf. The Cargo will be ready for delivery from Godown on and after 24th June, Optional cargo will not be landed here, unless notice has been given' prior

to steamer'a arrival-but carried on from pert to port to the final port of call to which the option extends. All broken, chafed, and damaged. goods are to be left in the Godowns, where they will be examined on any LAHORE Tuesdays and Fridays between the hours of 10.45 am. and noon within the free storage period..

No claims will be admitted after the

Goods have left the steamer's Godow and all Goods remaining undelivered. after the 90th June, will be subject to rent

All Claims against the Steamer must be presented to the undersigned on or before the 14th July, or they will not be recognised.

No Fire Insurance will be affected.

BUTTERFIELD & SWIRE,

Agents. Hongkong, 24th June, 1930.

Bailey and Co. and one at Taikoo,

The two at Kowloon Dock are steel screw motor vessels of the Lloyd's 100 Al class. Their keels have already been laid. One is being built to the order of Lever's Pacific Plantations Jaime C. Tiamp of Iloilo, P.I.

of Sydney, and the other for the

The Texas Co. are the owners of the

S. S.

KARMALA

MOREA 'JEYPORE

KALYAN

Cargo only.

Tons

From Hong- kong (about

5,304 28th June

1. 9,128 5th July.

"| 10,954 | 19th July, 5,318 26th July.

[9,1441 2nd Aug.

|

Destination

M'ler, L'don, Hull, H'bg, R'dm & A'werp. Marseilles, L'dor, Hull,

R'dm & A'werp. Bombay, 'M'les & L’don „M'les, L’doo, Húl, H'bg,

Rotterdam & Antworp M'les, L'don, Hull, E'ap & A'werp.

Frequent connections from Port Said for Passengers and Cargo te Constantinople, Pyrous, Smyrna and other Levant by Steamers of the. Khedival Mail S., Co.

BRITISH INDIA-APCAR SAILINGS

TALMA

10,000 28th June 3 p.m. S'poro, Penang & Calcutta SHIRALA 17,841 1 3rd July.... TAKLIWA 7.936

18th July

S'pore, Penang & Caloutta S'pore. Penang & Caloutta

B. L Apear Lize steamers have excellent accommodation for Izi and 2nd class passengers. All steamers-are fitted with wireless and _carry a qualified surgeon.

Manila, Bandakan, Thurs,? Island, Townsville, B'bane Sydney and Melbourne.

EASTERN & AUSTRALIAN SAILINGS (South) *BT. ALBANS 4,500 st July. two lighters under construction at

NELLORE

6,853

3rd Aug. Bailey and Co. They are steel light-

5th Sept. ers specially constructed for harbour TANDA leum in bulk. service for the conveyance of petro-"Omits Sandakan.

The Wugueh, which is partly fram- ed, is under construction at Taikoo for the China Navigation Co. She is

steel twin screw river steamer,

THE HONGKONG & WHAMPOA DOCK CO., LTD.

TELEGRAPHIC ADDRESS ́ ́MANIFESTO", HONGKONG. Codes Used: A1, A.B.C. Fifth Edition, Engineering, First and Second Editions, Western Union and Watkins, Benson's, Marconi.

Dock Owners, Ship Builders, Marine and Land Engineers, Boller Makers,

Iron Steel and Brass Tounders, Forge Masters, Electricians,

The Company possesses Biz Granite Docks and 1wo. Patent Slipways. The dimensions of No. 1 Dock are 700 ft. x 80 ft. x 30 ft. Call Flags. Hongkong Harbour,

International Code:- Engineer "K" or "U". Ship-wright "I". Boiler-maker “7".

6,956 !

Regular Monthly Sailings from Hongkong to Japan and Hongkong to Australia.

The E. & A. S.S. Co., Ltd. steamers will also call at Shanghai, Bolla, Cebu, Kulambugan, Tawao, Timor, Darwin, or other porta en route me Inducement offers.

The Union 9.8. Co's Steamers to the United Kingdom vis New

connections from Australia with the followings♥ - Zealand, Vancouver, San Francisco, etc.

The P. & O. Royal Mail Steamers fo. London via Buez Canal, The P. & O. French Service of Steamers to London via the Gaps. The New Zealand Shipping Co. Steamers to Southampton, and London via Panama Canal,

SALTAN NELLORE

RAJPUTANA

TILAWA TALAMBA

Cargo only

SAILINGS TO SHANGHA & JAPAN

--:9.144 ↑ 4th July, Bhai, Moji, Kobe & Yoko 16853 8th Fulya Meji Kole, Osaks & Yoko

16.568

18th July. | 6 hai, Kobe & Yokom 10.006 | 19th JulyAmoy, Moji, Kabe Oak 10,000 7 29th July. Lamoy, Moji, Kote & Onaka?

All dates are approximate and subject to alteration without notice. WIRELESS ON ALL STEAMERS.

་

Parcels Measuring not more than 2 ft. 2ft x 1ft. will be received at the Co's Office up to noon on the day previous to sailing

For Passage Rates. Handbooks, Freights, etc, apply to

MACKINNON, MACKENZIE & Co., P&0. Bldg, Connaught Rd, C., Agents.

SHANGHAI, JAPAN PORTS AND VLADIVOSTOCK

Passenger Rates Hongkong to Europe

For further paticulars, apply to the Agents

GILMAN & CO., LTD.'

Hongkong.

GLEN

G. E. HUYGEN

LINE.

Fare Hongkong to London £82.

Canton.

TO LONDON, ROTTERDAM & HAMBURG vĨa STRAITS & COLOMBO,

Motor Vessel "GLENAMOY"

TO SHANGHAI, KOBE, YOKOHAMA & VLADIVOSTOCK,

Steamship "GLENSHANE

Motor Vessel OLEN APP

Motor Vessel GLENGARRY'.

Motor Vessel KOLENSHIEL

Steamship CARNARVONSHIRE '

12th Aug

30th Juna

5ch July

18th July,

1st Aug.

15th Aug.

For freight, passage and further particulars, apply to

JARDINE, MATHESON & CO., LTD. AGENTS; THE GLEN LIN®, LTD.

STEAM TUG “FU PING””,

Balit to the order of the Kailan Mining Administration, Tientsin, for servies in Chinwangtao

Dimensions

Length B.P., 110 ft.;:breadth mid., 26 ft.; depth mid., 11 ft.;

780 LIP: Mean speed 11.65 knots on trial.

Please address enquiries to the Chief Manager:

R. M. DYER, B. So., M.IN.A., Kowloon Dock, Hongkong.

AUSTRALIAN-ORIENTAL LINE, LTD.

"Changte" & "Taiping.”

THESE NEW VESSELS MAINTAIN A REGULAR BERVICE FROM HONGKONG TO AUSTRALIAN PORTS. VIA MANILA, AND THURSDAY ISLAND Through Bills of Lading issued to sit Australian, Now

Zealand and Tasmanian Ports

EXCELLENT & MOST UP-TO DATE FIRST & SECOND CLABS PASSENGERS. ACCOMMODATION: HONGKONG TO BYDNEY-19 DAYS.

TAIPING

CHANGTE

“TAIPING....

CHANGTE

Dus Hoako GE

11th July

12th August 12th September 14th October

For Freight & Passage, apply to Tal÷803110

DUE TO BATZ

22nd July 22nd Angust 23rd September 21st October

BUTTERFIELD & SWIRL,

Agents