BUTTERFIELD & SWIRE
1. CONNAUGHT ROAD CENTRAL Telephones: 30331-6 Private Exchange.
•
THE CHINA MAIL, SATURDAY, MAY 81, 1947.
Companies' Australian
Local Insurance Capital Increased
Agents: CHINA NAVIGATION CO., LTD. Two local insurance companies, at separate meet-
"HOPEIT** PISINAN" "HUNAN"
"KANCHANG" "POYANG"
SAILINGS TO
Swator & Amoy 2 p.m. 31st May
Amay, Shanghai & Tientsin DL. 1st June Suntow 2 p.m. Ist June Haiphong Pakhol & Hollow 2 p.m. 2nd June Singapore & Penang D, L. 3rd June Barigkok 4 p.m. 3rd June Shanghai 4 p.m. tune S'pore Batavia, Sourabajā & Macassar D.L. 19th June.
"SHINGRING"
"SZECHUEN"
ARRIVALS FROM
"ANBOÍ"
"SZECHUEN"
"SHENGKING" **LUKIEN"
"FATSHAN"
{"WUSBEI"
S'pore & Haihow 31st May Shanghal 4th Jane Shanghai 4th June Singapore 8th June
CANTON RIVER LINE
Arthes 5.30 p.m. 1st June Sali 9 a.m. 3rd June Salts 4 a.m. 2nd June Aritve 8 p.m. 3rd June
Agents: BLUE FUNNEL LINE
"GEFNAFFARIO"
QUALEMNON"
FUGLENIEI KTE"
"GLENGARRY"
PERLI KROPILON"
"STESTOR
"STENTOJŲ""
U.K. SERVICE
Arrivals from
Hilted Kingdom vla Stralis
U.K. vin Straits
(1,8, via Rotterdam
~11~~-
Sailings to
... Genoa, Marselies. Bavre, Liverpool, Glasgow via Port Sabl
NEW YORK SERVICE
Arrivals from
Đi vẫn Alant & shanghai
4th June
8LU Jone
18th June
Mil Jae Early July
Mid June
Early June
Agents: Australian-Oriental Line, Ltd.
"TAIPING"
(TAIPING"
ings held yesterday, capitalised a big slice of their heavy accumulated reserves and at the same time substantially increased their au- thorised capital.
The Canton Insurance Office second resolution which I will: Lad increased its authorleed propose.
capital from $2,500,000 to $10.- "I will not explain the reasons third resclution · which |000,009; and capitulised $1,500,- for the
that
TRAIN SMASH
London, May 20, More than 30 people were reported to have been injured when the London to stan cheater express was derailed while travelling t a hiph
Burk speed near Bletchley, inghamahira, today.
Five coaches were overturn- ed on to the embankment and the rest of the train, dragging £1'0 other derailed coachten, ploughed up the track for more than kilometre befare slopping.--Reuter.
600 of its reserves by a distri- will come before you today, The bution of $30 per share to its consulting ctmmittee feel shareholders by treating an the prestige and importance of fully paid up the shares held the company are at present not Its by them on which only $20 has sufficiently emphasised by
expitallantion, and they considered been paid.
that whilst we were making an The Hong Kung Fire In-
Increase in
issued capital
it strunce Co.. Ltd..
in would be appropriate to take this shareholders of the Hong Kong creased its authorised capital
opportunity to Increase "thô to $10,000,000; and capitalised
Fire Insurance Co., Ltd., whom authorised capital of the company. Mr. D. F. Landale nudrested in $1,200,000 of ita
accumulated
I should here like to emphasise identical terma. reserves in the same way the that there is no intention at pre.
paid sharks $20-partly
belag sent on the part of the generat
capitalised was treated as fully-paid.
agents and consulting committee $1.200.000 and this was effected Both meetings were held in to issue any further capital.
by treating $50 fully pald-up the board Foom of Meagra shall therefore propose that the the 40,000 shares in the company Jardine Matheson & Co., Ltd., authorised capital be increased on which only $20 has been paid and were presided over by the from $2,000,000 to $10,000,000. Members
1.F. Landale, Chair This merely requires an ordinary committee present, in nldition to Hon.
consulting in of the Consulting Commit-resolution. The increase will in the Chairman, Mr. D.F. Landate, ters of both Companien.
no way affect your company's were the Hon. Mr. M.K. Lo and
reserves or assets.
I
The
sount
up on each.
cf
the
Disappointment
Melbourne, May 29. Mr. J.B. Chifley, the Aan- tralion Prime Kinister, at question time in the House of Representatives today, con- firmed the report that the Com monwealth Government had asked that the preliminary Con- ference of the British Common- wealth Governments be held in Australia to discuss peace terms for Japan.
Requests for conferences in. Australia, he said, were not al- ways viewed favourably by other countries
because they wanted to send leading men who could not always spare the time.,
All he could any at present was that two mentera of the British Cabinet might come to Aurtralin for the discussions. There is deep disappointment on both sides of the Federal Parliament at the refection by the Foreign Office of Australia'a claim to he represented at the London Conference to discuss
colonics. the future of former Italian
Mr. Menzies for the Opponi- on maid: "Australla has every right to be represented at the Conference ns it was primarily Australian forces that defented the Italians in Cyrennica and is. John Fleming. J.II. Seth, took 200,000 Italian prisonera," D. Hung, M.W. Lo and M.H, L. | --Reuter,
present
were
Addressing shareholders of the Cantem Insurance Office "Denling with the first resolut. Messrs. C. Benard Brown, WA Ltd., Mr. Landale said: tion which is a special res:lution, Stewart, S., Williamson, F.C. Barry and D.H. Benham, and Mr. "Your committee have for some I now propose:--
K.A. Mason (Secretary). now felt 1inte
that the insued "That the Articles of Associa.
Shureholders the capital f
company, viz. tion be altered by cancelling $1,000,000 represented by 50,000 Article 123 (a) and 123 (b) and shores of $50 each, $20 paid up, substituting Д new Article 123 is completely out of proportion as detailed in the notice in your to the earning power of the com.hands and which has just been pany and its total nett assets read by the Secretary." ani ny consider the time has The motion was seconded arrived when the Issued capital Mr. M.W. Lo and carried should be increased.
animously.
Arrivals from
Australia via Kure Sailings to
"Your committee considered several alternative ways of in- Issued capital and 9th Jane creasing the
12th June
Nyduny
Accepts Cargo to N. 2. ports on through B/L..
Out The Abone Subject To Alteration Without Notice. For Passage and Freight Particulars Apply To The Abore.
DE LA RAMA LINES
EXPRESS CARGO LINER SERVICES
TO AND FROM PACIFIC & ATLANTIC COASTS
U.S.A. LOADING DATES
Loads
Date
Vessel
Mlandic Coast
July Early Jourg M
my "HALLAND"
js. "DONA AURORA”
Pacifle Coast
(
From
Atlantic Coast)
July
23 BOTAN
ARRIVALS
Date
Vessel
via Los Angeles 3 Shanghai
>
Gh June Karly June
7. "RALI"
. "DONA AURORA"
my. "MANGALORE"
Ja Port
SAILINGS
For
Date
Athartic Coast
170
Ist 'June
Julie
Pacific Coast
Vessel
'my. "BALI"
my. "MANGALORE"
THE DE LA RAMA STEAMSHIP CO. INC.
Pedder Building Tel.: 23676:
Chinese Shipping Office
Tel: 23738/ 20153
BEN LINE STEAMERS LTD.
SHIP
ARRIVALS
8.S. "SAMDAUNTLESS"
S.S.SAMAFFRIC”
E.S, "SAMDAUNTLESS"
.:
FROM
.... U.K. SAILINGS
LOADS FOR
London, Antwerp,
Rotterdam, vin Kure. London, Antwerp, Hotterdam, & Leith,
For Further Particulars, Apply To-
W. R. LOXLEY &
York Building.
DUE
10th Jung
READY
30th May
.
Mid Juno
CO. (CHINA) LTD. Agents
Telephone: 34105.
MAERSK LINE
A. P. MOLLER, COPENHAGEN. Moller Steamship Company Inc. New York
General Agents.
MONTHLY SAILINGS TO NEW YORK, ATLANTIC PORTS,
SAN FRANCISCO, LOS ANGELES and PANAMA
June 6
June 24 July 29. -Aug. 23
MS. TREIN MAERSK"
M.S. "SALLY MAERSK":
M.8. "LAURA MAERSK":
M.S. "MARCHEN MAERSK”
ARRIVALS - FROM NY. & OTHER U.S. PORTS.
M.S. "LAURA MAERSK”
July #
M.S. "MARCHEN MAERSK”.
July 16
Special Tanks available for the carriage of oil in bullt
For Freight and Further Particulars please apply to:-
Pedder Buliding Tel. No.
22862 JEBBEN & CO. Agonita
26002
Mr.
Resolutions
Landale
then
put
By
Uş
the
US Army Budget Cut 8.3 Per Cent
Washington; May 29.
finally decided that as the com- fell wing two resolutions to the The United States' army's 1948 military budget pany was not In need of add meeting:
to
was cut 8.3 per cent by the House Appropria- tions Committee today despite the testimony of General Eisenhower and Secretary of War Patterson that "real danger" lies beyond the "irreducible · minimum" of men and money they have requested.
Congress upholds the Committee, the army will receive $5,240,982,423 in new appropriations for the fiscal year starting July 1. President Truman said he had asked for $5,716,791,500 for the army's military activities, exclusive of foreign relief and other civil function to be financed in a later bill.
For the current year, military activities appropriations. A talled $7,203,542,100.
thnal working empital, the best "That it is desirable that the
would be plan
per capitalise uncalled Nability of $30.00 $1,500,000 out at free reserves, share on the issued shares the equal to $30 per share, and to capital the Company be paid treat this
1 call on the up and nee:rdingly that the sum shareholders, thus making the of $1,500,000.00 being part of the shares $50 fully paid instead of reserve fund of the company be If $20 pald up as at present, and and is hereby capitalised and that the issued empital $2,500,000 In such capital sum be applied by stend of $1,000,00. The nett the general agents pro rata (7 asset position of the company behalf of the persons who 01 would remain entirely unchanged, May 30, 1947 are the hilders of and as far as the shareholders such shares in payment of the are concerned, it would mean uncalled ability on such shares that their present lubility of $30 respectively and that such capital JCT starc would have been sum shall be treated for all pur- extinguished.
pcses as nn Increase in the "Our existing Articles 123 amount of the paid up capitol of (a) and (b) which deat with the the company held by each such The committee did, however. capitulisation of reserves authorise | shareholder and net as Income approve the army's full request the Reneroj agents with the and that such payment be for $280,000,000 In contract au. sanction cf the company in accepted by each such share-th rity to buy new acroplanes.
Lake Success, N.Y, May 29. general meeling, to distribute holder in full satisfaction of his 'The
reet mmended committee
Atomle United Nations among the members any unissued or her Interest in the said cuts which it said would reduce Energy Commission today adopt- resolution unanimously shures or new shares. The arti- capitalised sum."
civilian job holders by 74,631 and ed cies in questlun do not, however,
in effect, "That the authorised capital office personnel by 20,100, Includ which,
postponed specifically authorise the action of the company be increased in Ing 2,000 warrant officers, showdown on Russia's nilempt to we now wish to take, namely to ten million dollars by the creation! It plan ordered a reduction in bring the veto into the fold
atomic control. apply capitalised reserves in pay- of one hundred and fifty thousuf flying pay for the nir forces per. ment of the unevlled Rability in new shores of the nominal value; sonnel without specifying how with shares which have alrendy been of fifty dollars each."
the cut should be applied. issued.
No reduction was reccmmend Carried
Jed in the number of other ranks, nurses, dieticians, physiotherapists er research and development em-} ployces,
New Article
Too Many Officers
The committee suki it believed
cessive,"
The first revolution was second. "We therefore propose to subs-ed by Mr. Ho Kom-tong and the [titute for Article $23 (a) and (b) second by adr. John Fleming, and
123 which, a new Article
our beth were carried unanimously. lawyers advise, will meet these Mr Landnie was supported in requirements. This change in the chair by the Hon, Mr. M. K. the army's requests for funds to our articles requires the sanction Lo and Messrs. C. Bernard Brown, maintain 140,000 officers "is ex- of a special resclution.
PS. Cassidy, W.A. Stewart, S.T. "Having changed the articles Willianson, F.C. Barry and DE. to give us the requisite- general | Clarke (members of the Con- powers it will then be necessary sulting Committee) and Mr. K.A. for you to pass an ordinary re- Mason (Secretary). solution in order to capitalise a Shareholders present were specific part of our reserves,
Messrs. M.W. Lc, M.H. Lo. Ho namely $1,500,000, and to apply Kom-tong, b. Hung, Ho Shai- this sum in making your shores|cheung and John Fleming.. fully paid. This will be the Then followed the meeting of
BARBER-WILHELMSEN LINE
m.v. “HAVMANN", aalling about 17th June, 1947 for
NEW YORK via PANAMA
calling at
San Francisco, Los Angeles, Panama, Puerto Cabello (Venezuela) Boston, New York, Philadelphia & Baltimore
For freight and further partiallari apply tojim. DODWELL & CO., LTD., AGENTS Hongkong & Shanghai Bank Bldg. Telephone 28021.
DOUGLAS STEAMSHIP CO., LTD.
S.S. “HAIYANG” Sailing for Swatow
on or about 2nd June 1947.
Subject to alteratión tofthout Noficë.
For Particulars of Frelülit & Passage, Please apply to:-
DOUGLAS LAPRAIK & CO.
General Managers.
P. & O. Building, 8th floor. Tel. No. 31281
CHINESE SHIPPING DEPT.
20 Connaught Redűl, Central. Tel. No. 24532
1
Postponing The Showdown
Ine
A
at
The decision provided Russi
a moral victory by reaffirm- ing that a proposed world atomic agency must be established "with- in the framework of the Security Council."
Before the veto came, it was clear, however that "within the framework" means one thing to Rusia
and another to. most the other 12 members of Atomic Commission.
of
the
The break in the two-week-nid
came
Russla's Wrangle
when Testimony given the commitice Andrei Gromyko assured the national Commission that later, "any osem- disclosed plans for guard cf 200,000 during 1940: an ber can discuss the veto to lis organized reserve of 480,000 cf heart's content"-United Press. ficers and. 030,000 other ranks and 182,000 R.O.T.C. Students.
MRS. TRUMAN BETTER
The War Department, as part of the industrial crganization plan, intends to keep 43 of its war plants in a standby status
Washington, May 29, for quick use in event of a na-
President Truman returned! ilonal energency.
to the White House today from Undersecretary of War Royall the bedside of his alling to- told the House sub.c:mmittee in ther in Grand View, Missouri, charge of the War Department and shortly after that received appropriations that the army a report from the "Blue Rib- hopes to retain 29 ordnance bon" commission on compul- plants, 13 chemical plants and one sory military training, quartermaster corps station.
The President stepped from: These plants, according to the his private plane at the nation- printed record of the hearingsal airport and announced to made public, are government- White House staff membere owned establishments designed and officials gathered to meet primarily for the production cf him that he would be "avail military goods
business from now "At Grand View, doctors at- teading Mrs. Martha Truman
Civilian Goods
Royall told the committee that sothe of the plants or some parts
able for on."
at some may be adaptable with n said, "She is feeling just fine." minimum of alteration to the pro--United Press.
duction of civilian gods.
Thèse, he idid, will be lenşetl
If possible so that the Government
can get back some of its mainten- anco costs.
Others will be maintained un
DHAMRONG NAWAAWAT
Bangkok, May 29,
་
JARDINE, MATHESON & CO., LTD.
SHIPPING DEPARTMENT
16 Pedder Street
Tel. 30311...
General Managers.
INDO-CHINA S. N. CO., LTD.
5.9. "EMPINE. WITHAMI”
8.8. "TINGSANG" 8.9. "WOSANG" 8.5, "HINSANG" 8.3: “MAUSANG” 8.9. "ESANG"
-8.9. “TINGSANG" S.S. "WOSANG" S.S. "HINSANG" 5.8. "EMPIRE FRASER",
8.3. "MAUSANG”
SAILINGS
......... to Bngapore & Penung Noon
4th June
to Shanghai i o.m. 6th June
to Straite & Catculta 4 p.m. 9th Juno
to Sbunghiat 12th June ......... to Shanghai -13th June
to Singapore & Pennor 14th Junc
ARRIVALS
'from Strafts & Calcutta 6th Juns
from Shanghai 6th June from Tientsin 6th June from Sandakan 7th Juno from Straits & Caleuita 16th Jurid
Cargo accepted en Through Bill of Lading for MADRAS vla Singapore and for KUDAT, JESSELTON, LADUAN, TAWAU, LADHAD-DATU and SEMPORNA vla Sandakan.
Subject to alteration tollout notice.
All intending Passengers are requested to register their names as far as possible in advance of the time at ichich they wish to leave.
Agents: GLEN LINE LTD. ↑
8.8. "MARON"
S.S. "GLENAFFARIC" Loads
ہو
ALV. "GLENAPP”
M.V. “DENBIGHSHIRE"
„Anhed from London vin Port ke' and Stralls 30th May, Phcharging Holts No. 2.
for London, Antwerp, Amsterdam & Rotterdam via Suez About 25th June.
Due Hong Kong from London via Straits-Mid June.
Due Hong Kong from London via Straits. End June.
Managing Agents: AUSTRALIA CHINA LINE
8.S. "RANGSANG"
MY "HINDUSTAN"
MV. "KAFIRISTAN”
......Due from Sydney.. about 14th
June,
Now toading at Sydney And Brisbane for Shanghal and Hongkong Due 'Late June. Now loading nt Melbourne and Fremantle for Salgon and Hongkong. Due Early July.
Agents: THE WESTERN CANADA STEAMSHIPS LTD.
S.S. "LAKE
SHAWNIGAN" Loads for Vancouver
1st June if sufflelent inducement.
SS. "LAKE
COWICHAN"
Loads for Vancouver Early July if sufficient
inducement.
PACIFIC TRANSPORT LINES
EXPRESS TRANS-PACIFIC SERVICE
“PHILIPPINE TRANSPORT”
DUE FROM U.S.A. VIA SHANGHIAL
6th JUNE
LOADS. FOR
7
MANILA & SAN FRANCISCO
About 7th June
CARGO ALSO ACCEPTED FOR ALL PACIFIC COAST PORTS AND INLAND POINTS IN NORTH-AMERICA
SPECIAL OIL CARGO TANKS
JARDINE, MATHESON & CO., LTD.
16 Pedder Street.
Telephone 30311.
CHINESE DEPT 81468
PRINCE LINE
ROUND THE WORLD SERVICE
"SCOTTISH PRINCE"
Due from U.8.A., Manlhi'and Shanchal
9th June
LOADS FOR .. STRAITS, HALIFAX, BOSTON & NEW YORK ABOUT 10TH JUNE Also Accepts Cargo For MONTREAL and
Inland Points
JARDINE, MATHESON & CO., LTD.
Tel. 80811
Chinese Freight Agents:-CHEONG FAT CO.
64, Bonham Strand.
Telephone 20027
der guard and will be used only Dhamrong Nawawat was to THE HO HONG STEAMSHIP CO. (1932) LTD.
If world conditions warrant.-A. sociated Press.
GAVE HIMSELF UP TO POLICE
Groton, Conn., May 29,
day again proposed for the Siamese Premiership by a joint Parliamentary seaslon, Dham- ong and his Cabinet resigned two days ago. · Tho Regency Council is expected to reach o decision tomorrow,--Reuter,
GAOL HUNGER STRIKE
C. Carpenter, Jr, 27, sought by State police and Marines, for
nearly 24 hours in connection! with the house' assault on the
Baigon, May 29, Rov. Nicholis Shepler and his More than 1,000 pelaonārs, in- wife and daughter, surrendered cluding faveral political priabhora, to a New London policeman to in Saigon central gaol, have been day while nearly 100. Stata po-on a hunger strike for the last 24 Hico and Marines searched on hours, demanding "humane prison area within three miles of the according to unofficial re-
i párts today. minister's homolog
The prisonári" dehindi iñclude Carpenter stopped a passing facilities for daily bathing, better. truck and gave himself up, Idod and longer hours of rest-- United Prest.
Bauter:
8.3. “HONG KHENG” Loading for STRAITS & RANGOON
On or about 30TH MAY ·
8.3. "HONG SIANG”
Expected to arrive from RANGOON and STRAITS
On or about 2ND JUNE Leaving for SWATOW &"AMOY
On or about 4TH JUNE Subject to Alteralión'. Without Notice For Passage and Freight Particulary Apply:
THỂ HỌ HONG CO. (CHINA)
480, Bonham Strand W, Tels. 20127 à 25040,