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THE CHINA MAIL, FRIDAY, MARCH 18, 1849.
NO LIFTING YET OF POWER RESTRICTION TO HK INDUSTRIES
"Current restrictions on the electricity supply to tocol, industries. Connot be lifted before au- tumn--and even that is an optimistic view —sojð Mr. N. D. C. Marsh, Chairman of the Board of Directors of the Hong Kong Electric Company, Limited, yesterday.
Mr. Marsh, in his report to the annual meeting of shareholders, said that the generating sta- tion is still operating with pre-war plant which suffered considerably from non-maintenance during the war years.
П
The company's accounts for preliminary negotiation for the year ended December, 31 third boller, and steelwork för Jast, showed credit balancet of which is not included In the Boiler House extension, the of HK$8,018,006.02.
Mr. Marsh said that after the commitment figure.
"It is with regret that I have the Interim opin to report
that there has Demaining A the
been further delay la deliveries. HK$4,441,498.04 has been re-
an it is not now expected that commended to be allocated as
the first new Boller will be in follows by the: Directors.
Pay a Final Dividend of $170 commission before the inte Au-
tuma of this year. 'less tax on
on 2,100,000 shares ab corbing $3,218,000.00 Transfer lo Plant Replacement Reserve 500.- 000.00; Transfer to General Re- serve 7360.951.31; Carry forward to -1049
$368,440.13.
transfer Regarding the $500,000 to Plant Replacement Reserve, Mr. Marsh said: "The present depreciation of our fixed asse's is brand on original cost and if price levels of plant and
في
"Your Generating Station still operating with pre-war plant which suffered enormously from non-maintenance during the war years. The Industrial Load has been restricted during, the peak load period and I cannot hold out any hope of the restrictions being lifted before the Autumn, and even that date may be optimistic. The cost of fuel has receiver the earnest consideration of your
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The amount of reserve which we during the life of the accumulate asset will be sufficient for re- placement when the old one be- comes obsolete.
"At this time, however, a con- siderable change has taken place T is money valdes for instance, generating plant which averaged £3 n n kilowatt before the last war is now in the region
It of £10, ir clear that on our present de- preciation rate we can only re- place 1/2 or less of the asset.
T
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"In other words, if we were to rely only on our normal depre- ciation provision, we should fail large amount to by
main
inia the fixed assets. Neces- siry to continue our present scale of operation. It is unlikely fall to such an that prices will extent that depreciation reserve on the basis of the original cost value will be adequate. It is cs- sential, therefore, that a reserve for the replacement of should be created.
Lass Prafit
assets
"It wil be noted that, despite
the fact that our unit sales in- creased by 23 per cent our pro- At is less by approximately 10 per rent. This was due entirely to rate reductions of 27 per cant Lighting and 20 per cent Power since Barly 1047.
would quote that for the last complete year proceding the de- cupation of the Colony-1040 We paid an average of $21 a ton delivered to your wharf at North Point
**During the year under review: the average cost was $88 à ton- or more than four times the 1940 cost. It is hoped that there wil be no increase during the curren! year. I need scarcely add that avery revenue is being explored to contact a cheaper supply of fuel.
Team Work
AL MAIL
A Qantas Empire Airways Skymaster arrived in Hong Kong yesterday from Sydney via Darwin and Manita on an inaugural flight between Australia and the Colony. It will return to Sydney tomorrow. The company proposes to operate a non-scheduled fortnight- ly service until negotiations are concluded for weekly selicduled service. To mark the occasion « cockfill party was held at the Hogg Kong Hotal yesterday. Mr. E. Bennett Bremner, publicity manager of Qantas Airways Ltd., Sydney, was host at the party.—“China Mail" Photo.
Sydney-HK
The
Flight
By QEA Plane
first flight from Sydney to Hong Kong by the Qantas Empire Airways was completed yosterday when a QEA Skymaster arrived at Kai Tak.
+
When Government negotin- tions are concluded, the com- pony plans to operate regular flights between the Colony and Australia. The Skymaster which arrived here yesterday will leave for Sydney vla Manila and Darwin tomorrow al 10 1.IT%
E.
Colony Plans Making Own Fertilisers
Hong Kong is to manufac- ture its own fertilisers.
On board yesterday's plane were Captain W.H. Crowther. operations manager of QEA, Cop- tain R.B. Tapp, in charge of the Hong Kong service, Mr. "On behalf of your Directors Bennett-Bremer, QEA publicity would like to take this oppor-manager, Mr. A.J. Quirk, Sydney tunity of thanking the Manager. traffle superintendent, Mr. A.F Staff and Chinese Workmen fo Foster, traffle inspector and Mr. G their loyal and unfailing good Hughes, Department of services rendered during the year. Aviation, Australio, Their team work has been ad- The aircraft erew is command-which, under mirable.
ed by Captain E. C. Siros, and in cludes Captain J.M. Hampshire, Captain K.D. Meares, Navigation Oncer J. L. B. Cowan and Radio Operator W.R. Clarke,
make
Clvil
and
Building Plans In 1948
Last
your, 211 now European-type dwellings, 729 dwellings How Chinese-type and 125 miscellaneous new.
non-domestic buildings were complated, according to the 1948
the annual report of Hong Kong Government.
The new bulidings, added the report, have not been aufficient to houre the whole of the population.
Thousands of people who In more 'pettied times would have a house, flat or cubicle are now living in small over- crowded spaces or oven In crude Squatters huts and shacks without water or sani- tion.
The report said that tend- ment type housing for some 160,000 persons and European type accommodation for 7,000 had been destroyed during the Pacific War. The high price and scarcity of bullding material and the high ecat of labour have delayed rebuild- ing, added the Report.
Film Shown At Kowloon Rotary Meet
An interesting coloured ilm t'on colours and “dyes was ex- hibited at the Kowloon Rotary tho Club weekly timinin Peninsula, Hotel; yesterday,
"The film, presented by Mr. R.O. Sweet on behalf of the British Council, was highly appreciated by the Rotarlens and their questa. It showed the extent to, which sclence is contributing ter our colourful world today.
The film, explained briefly the fundamentals of colour which la 'contained in Hight. The experi- ments on dyes and their manu- facturing processing and anally their uses were clearly illustrated -and aptly explained on the sound
track.
Before the Ska, Rotarian, Fred Mowiung gave a brief account of the recent conference at Macao. He expressed
the thanks for lavish hospitality offered by Rotarians in the Portuguese port
stressed the venience
the Portugueso tommigration regulations as com pared to the Colony where he and his follow Reinrians were kept for nearly half an hour before they "were allowed to disembark.
and
of
con-
The members of the board of directors of the Kowloon Rotary Club were each defreilted a sum. of $5 for being absent from the directors' meeting on Wednesday. The fine was voted by the Ho- turians und unanimously carried.
Visiting Rotarians present were: Messrs. P.W. Wood, R.O. Sweet, FH. Bler, HK. Long, Ron Young, Edward. Wong, Dr. V.N. Atienza, AL. Landabert, T.G. Stokes, H. Swabey, RG, Black, J.G. Coteworth, LA. Calcraft, C. Moltrom, I Whant, and E.L. Speight,
Guests were: Messta. D.S. HII, W.A. Ankerson, F.Y. Ho, Fred, G. Jones, E.S. Littic, WG Long, Percy Kwok, and F.E. Skinner.
will The Little Flower Club hold it annual general meeting on Wednesday at the its clubhouse, King's Park. The meeting will start at 6 p.m.
Kwok Kwong
Three-Month
Receives Sentence
Declaring that he did agree with the view of the
jury that Kwok Kwong was not altogather fore blomo and that a considerable amount of blame lay elsowhore, Mr. Justice Williams, Puisne Judge, sentenced Kwok to three months' hard labour at the Criminal Sossiona yosterday.
The Court further added to end forthwith this scandal.
St. John Orders
Kwok Kwong, PWD foreman,
One of the sebemes under con- sideration by Government is the establishment of a large factory for the conversion of city night- soll into a safe fertiliser, accord- ing to the 1948 annual report of the Hong Kong Government.
The scheme is one of the de- velopment and welfare plans for the terms of the Colonial Development and Wel- would also like to
fare Act, 1945, a sum of £1,000,- special reference to Mr. A.G.
000 was allocated by the British Langston who has retired from
Government for the development the post of Maringer after 30
of the Colony's resources. years service with the Company. At present the Company to
Among the schemes approved Although we are sorry to lose
operating. In parahed with the are the construction of four dol the services of
Overseas Airways Corphins or landing.piers at Kennedy some satis
Value British Manager it la with
poration. a Constellation Service Town market to facitilate the faction that I have to *re-
Fu on the 12,000-mile route between tanding of fish brought for sale port that his connection with Sythey and London, a regular the Company will still be kept Service between, Sydney and Now in the Fisheries Wholesale Mar- that the public was entitled to
ket; the reclamation of t
of a 40,000- expect that every step be who had been jointly charged in his appointment as Consulting Guinea, & Charter Service for the square-foot piece of land on the tuken by responsible persons, with Arthur Frederick May, elec- Engineer and London Agent. Reyal Australian Ale Fores be Western side of Aberdeen: es-
trical inspector, grade 1. ea three "There is also an amount, of Your Board have appointed Mr. tween Sydney and Tokyo, and
tablishment of village depots in
counts of larceny by public ser- $504,753.80 transferred from the FF. Duckworth as fl succes- Services from Sydney to Norfolk
the New
New Territories where vege-
vant and three of falsification of provision for Corporation Prodis sor
Lord Howe Island
tables
may be epllected from the
documents with Intant to
do- Tax. As sinted last year, the
Seconded by Mr. A.S. Mac-B
farmers, and seeds, fertilisers and A new route was recently suc-
fraud the Government, had been -assessment by the Inland Re-
*nacclicides - distributed.-- ------
Convicted on Wednesday on all were approved.
cessfully surveyed between Aus venue Department had not been
Schemes
May war under consideration
acquitted. jralia and South Africa, and it is are the development of the Kam Mr. N.D.C. Marsh was sup- made at the time last year's ac-
Sentence on Kwok had been de During ported by Sir Shouson
that counts were presented.
Chow, hoped
inter-Government
ferred until yesterday morning, Tin area D.F. Landale, Messra.
agricultural the assessment has the Interim
T.N. negotiations will result in a Bor-
Kwok was sentenced to three and the over- Chau, F.F. Duckworth (Manager). vice between Sydney and Johan-station, the making of topogra" to 27. Kerivou YMCA Division.
months on the first count and phical land utilisation and econo- Football Match Dalles: Saturday 18 one month each on the other five, provision written back.
Mr. D.L. Phophet - representing | nesburg.
the de- Navy Ground, 1,30 p.m., HKYMCA DIVE Peat, Marwick, Mitchell and The original Qantas Company mie mineral surveys; Company, Auditors, was present was registered in 1920. Following velopment of and modernisation slon: Bonkunpoo, 4.39 p., Central Disk the sentences to run concurrent- 4.80 p.m., BCAA ly. It is to be served from the Sharesholders were represented a period of early taxi work theof the shing industry and the sien: Caroline Hill.
construction DI "tombaks" Or Division: Boundary Street, 4.50 . date of expiry of the 18-month by Messra, R.P Dunlop,
commenced B: Company
Kowloon Division. Sunday RIP | salt-water fish ponds,
201-IKFO sentence which accused is.. at Aroand, 4 p.m., Wanchal "E" Division Wong Tape, O. B. E. A McKellar, Australia's first regular air ser-
present serving.
·Volunteers Pratic Vacenstore!
The Judge went Lo Luk-tong, E.L. Groorde, H.Mvice. This was in Queensland be
on to pay WH argently required.
ali Divisional Snow, AS. Macklahan, Wongween Charleville and Cloncurry The local St. John Ambulance duertat rente immediately echte tributo to the police offlers con- of what may be expected in the Chi-po, Leung Fattin, c.c.
In 1922.
Association and Brigade has de- Recritory Tel. 26093 with regard to Voluie way of reparations it is felt that Blake, B.W. Bradbury, İp 'Kwai In 1934 the present Company cited to compile a publication teers for Public vatelnaling dudes. This the account should stand for a Chung, E.S. Abraham, Leung Qantas Empire Airways Limited, under the title of "St. John Am-, rejunt must be trested na urgent, further period.
Shiu Lou. A.K. Minu, W. Stoker, was formed to combine the inbulance Review, 1949."
Macting! The next Senior Offers most bo note on the Balance Sheet P. Loureiro, ER.. Childe and lerests of QANTAS Limited and It is proposed to include, 'in fog will be held on March 29 at 6:30 pm. showing £650,698 as commit Major C.W.L. Way.
Imperial Airways the opera the contents, interesting accounts at Urban Counell Chambers.
Urgent Notices Will those QŒcere, in ments for plant and materials Mr. Marsh and
tion of the new Australia-England and experiences of St. John Am-
possession of NEXT OF KIN WAR PAY. covers two new boilers and lye Landale were re-elected to the Service, QEA operating original-bulance Association and Brigade Roster forms, please return them, as soon new turbines together with the Board. Peat, Marwick and Com-ly between Brisbane and Singa- staff and emcers and a general as possible to Headquarters as no claims re-blading of a third turbine and pany were re-appointed auditors porc.
history of the Association nhd em'payments will be minde afles March 20, Ong of the founders of ancillary gour. We are also ind of, the company.
the Order. Company, Mr. Hudson Fysh, is to-day the Company's Chairman and Managing Director.
been completed
The market value of our in- vestments shows an appreciation 30.6 per cent over book value... "I must however refer to what would appear to be growing into
"hardy
-Wor Lowes. Annual Until we have some knowledge
#
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PROTEST AGAINST MARKETING PLAN
A protest against the Gov-| trnment's Vegetablo Marketing Scheme was raised by Mr. Kán Hung-tal at a press con- ference held at the Vegetable Growers' Association, 94, Lai- chikok Rond, yesterday.
Mr. Kan, President of the As√ Nociation, said that the present Markeling Scheme must be ter- minated or its operation and ad- ninistration must be drastically. Improved.
into an
Orders by Bir. A. al Areulil, Commis aloner of St. John Ambulance. Brianda Song District, Illu to 28, Con Divisies, Ambulance Dulles Roug Kong: Harch
Ambuisnes Duties Kowloon March 21
1949.
Mr. Kan further, stressed that the Excessive commission and other mircellaneous expenses charged by the Government Markets, and the strict controla
The marriage between Miss, bridge wore a navy blue checked sales and regarding conveyances, payments imposed by the scheme Ellen Mary Stinson and Mr. skirt with plain navy blue facket caure most of the vegetable. Noel Edwin Arthy took place Mrs. Everette was the Matron krowers In the New Territorie to yesterday in Hong Kong. A of Honour at the wedding cefe
reception was held in the many. evening at the Hong Kong Club annoxe where Mr. H. L Hankine, Acting Australian
work at a loss.
GRAND BAZAAR
A Grand Bazaar and Feta or Governmerit canised by the Nethersole Hospit-aloner, was the host.
officially opened The bride wore a charming
counts.
cerned for the good work they had done in connection with the case and cases of this kind, par- cularly to the senior police om- ecra .of the
Anti-Corruption
Bquad.
regards
Mr.
A. Hooton, Crown Coun then told the Court that as a further Indictment against Kwok Kwong, he did not propose to offer any evidence against him. Accused was con→ sequently discharged on that' in- dictment.
The annual general meeting of the Hong Kong and Bouth China Masonic Benevolence Fund Cor- poration will be held at Zetland Hall, on March 30, at 5.30 pm.
SAF KILRAT BAIT
clify rats stirely and slowly onough, to allow them to get kway from building or return to burrows before dying.
Easy to use-Just follow the directions printed on the package..
On sale-in all Drug Störés RELY CHEMICALS 600 .National-Bánk Bldg. Tel. 2A865.
Trade Commis- TAI HANG JEWELLERY Lady Grantham tomorrow at the model cult of paie blue mine Wholesalers of CUT-DIAMONDS
«Both Agents To
sohannesburg, Bouth Africa.
Hop Yat Church hall, Bonham backed crepe. The jacket war Rond, nt 11 m.
fitted to the walst, fanning but Brink The Fete is in aid of the build at the back the lower edge Ing fund for the Nurses Hope and scaloped, th Training School of the hospital. She wore a picture hat of tus Liberty Diamond Cutting Works (Pty) Ltd.
Stalls selling wollen goods,atraw trimmed with walin flowera dolla, toys, home-minde cates; to match time blue ensatible.
and gloves wero will be located in the church hall. rich burgundy, shade. Outside there “Will be pony rides The Zoneymoon. Is being kidst games competitions and other atat Fanling in the New Territories: trictions for children, pa
going away drews, the
Hong Kong's Leading Chinese Department Stores focy good plants and towers Shoes, Bag
bank dr. Edu All Blug, Tih Viöbr; Rödth 707," Hong Kang.
t