CROSSLEY BROTHERS LTD. MARINE, STATIONARY & AUXILIARY MARINE DIESEL ENGINES.
ENGINEERING EQUIPMENT CO., LTD. B.K. & Shangkal Bank Bldg. Tel. 27789
JOHN CLARKE'S
CASEBOOK
CHINA MAIL
Established. 1845
TUESDAY, APRIL 6, 1954.
HK'S FIRST FLOUR MILL TO BECOME OPERATIVE
Mary Leaves China Provident Co Leases
Home HHebrides,
home was in the
and there
she lived, happy enough, one of a large family who made their living by weaving those tweeds
people buy all over the world, wherever clothes are worn.
that
Then things went wrong for: this girl, named Mary, from the Islands. She fell into disgrace with her family.
They did nothing so druslic
to drive htt
or dramatte as
trum home, but always, ufter that trouble, there was reproach
in their looks, and vulces, even in their silenci.
TO A NEW START
THAT
for
a new start. Mary continually reminded herself,
She was
overswed
by London's
Krey
vasiness. She kept Her head and carefully nursed what was left of her savings. Before these ran out. she was in a clerical job in the East End
THERE were
there
evenings then,
but
was home-sickness, gradually Mary grew used living alone in a town, and the old wounds healed.
wanan KUW
THOUGH she 15 charged
Out New Building
Presenting his report at the annual general meeting of the China Provident, Loan & Mortgage Co., Ltd., this morning, Major S, M. Churn, the chairman, disclosed that a modern building was now in the course of construction which for a period of years has been leased for use as Hong. kong's first flour mill,
Major Churn said that during the year capital expenditure totalled $2,343,000, bringing the post war total capital expenditure to over six and a half million dollars.
Net profit for the year at $1,478,982 was 18 per cent better than in 1952. Dividends and bonuses on both Old and New shares were recom- mended in the appropriations.
Addressing the Major Churn sald:
Į
meeting, The credit aide of this
Róbert is our senior Director, count has received a satisfactory having served on the Board for increase in revenue from our 27 years since subsidiary companies.
1920, and colleagues recommend Account shareholders his unanimous re-
election.
to
In
The Appropriation
shares
You
of
coun
Transfers to Reserves
usual.
nea-
their
Dĺ
the
his to
#
nf
and
The in- assets is
SIDE GLANCES By Galbraith
D) D}
"I've been brushing my uppers with the old toothpaste, and the towers with the X-19 added—and I can't see any
difference!"
Money Was Debt Owed By Defendants Counsel Claims
A submission that a sum of US$176,000-odd (released by the US Government after it had been frozen under its freezing regulations) was a sum which had nothing to do with plaintiffs but which was a sum defendant bank owed its New York correspondents was made by Mr John McNeill, QC, senior Counsel for plaintiffs when he con- tinued his final submissions in the $21⁄2-million deposit claim before Mr Justice Reynolds in the Supreme Court this morning.
Counsel declared that this money throughout a debt due from the defendant bank to its correspondents in New York and when it was frozen they could not pay the debt.
was
LARGEST WRITING MILEAGE GUARANTEED
SHEAFFER'S
NEW
Fineline
"500"
RETRACTABLE BALLPOINT PEN
ALLEGED ATTACK ON JUNK
Witness Accused Of Changing His Story
A witness to an alleged armed attack on a motor junk was accused at the Supreme Court this morning before Mr Justice J. R. Gregg of conspiring with his brothers to change his original testimony.
The case is one in which Au Keng, alias Sai Lo-tim, Wong Wai-hung, alias Fa-Lau-hung are charged respectively with using arms against persons without lawful authority.
Defending the first accused la telling the truth and sticking to Mr V, L. d'Alton, Instructed by his original story. Mr W. H. Young, and the second
BAW ONE MAN
by Mr S. V. Gittins, Instructed Mr d'Alton told Chau that in by Miss P. Loseby. The Crown his carller story to the Crown' Counsel is Mr W. A. Blair-Kerr Counsel he had stated that he
assisted by Dlv. Dat. Insp, could not 'Bee the men clearly, H.A.N. Cattell, of Western yet now he said that he could Division.
recognise one of the men. Chau With the resumption of the sald he could see one man. Ho case this morning first in the said he could not recognise wliness box was Chau Muk-But, anyone else. Kerrat he a sherman. He told Mr Blair- Mr GitUns then asked Chau
was with his how far the
sampan was from brother on the junk on
the the motor junk. Chau answered moning of January 5, near Tat 10 yards.
Wai.
Mr Gitting said: "I congratu❤ He said he saw a light at late you on your judgment. about 2.40 a.m. and four men in Your brothers gave the exact a sampan.
answer," One of the men halled him Chau said that he did not sea saying "give me a tow old four men handcuffed on the friend" A few minutes later the same day as the incident. Asked 'sumpan with the four men drew how he knew the exact time alongside and one man jumped of the alleged incident Chou aboard pointing a gun at Chan's said he had a wrist watch. brother.
He said he told his
other The man told his elder brother brothers the Ume at 2,40 not to move. His brother
put Mr up both his arms and shoved the man with the gun into the sea. This was followed by Aring from the sampan. He told MF
Blair-Kerr he saw two men in which one had done the firing. the sampan but he did not know
Chau sald after that he called turned the boat about and went to Aberdeen and
for help and reported to the police.
TELLING THE TRUTH Cross-examined by Mr d'Alton ne sald ho was telling the and that he had ΠΟΥ truth changed his testimony. Mr d'Alton had accused Chau of talking over the case with his brothers so that the story would atick together.
Mr d'Alton said to Chau that
3.JIL
Gitting asked Chau if he had told his brothers the time at other periods throughout the day. Chou said he had not.
Tho caso is continuing.
Eisenhower Broadcasts To Nation
Washington, Apr. 5. President Eisenhower
in his testimony this morning he spoke to the United States told the Crown that nothing was people by television
said after the shots had been fired, but in
was three yours ago, The year under review was a and there came a day when difficult one, but our plans have Mary could stand the family proceeded smoothly. The results cold war no longer. She counted achieved will, we think, be con- has been credited with $359,098, her savings, then picked her bagsidered on satisfactory by share- and took the steamer
I beg to propose that the Scottish
the holders, and although the volume being pront on the sale of two Inalnand
Rodowns. from of business available throughout
Directors' Report, Accounts and und there the train to London.
the year was restricted due to
The cost of the exchange of Balance Short for the year "Good riddance,
rid- the embargo, we feel that your been wholly written off.
above-mentioned has ended December 31, 1953, as good dance, good riddance. the train company had its fair share, and
presented, be adopted, and that seemed say, all the long bus maintained its position in
will note that the sum the balance available be dealt night as it streaked south.
the port.
as recommended by the $258,000 has beca trane with start, I'm making The net profit for the period red from Appropriation Ac- Directors, namely: to pay a
was $1,478,082. This is $220,000
Lo Capitai Reserve, dividend of $1 per share and a 18 better than the making this reserve
per share, up to the bonus of 20 cents
both free previous year.
tax, on 813,001 iued capital.
"Old" shares, absorbing $970,429; General The new capital raised in the
Reserve of $2
pro rata dividend and latter part of 1952 has been in
million hos
been created by the Pay a vested in the replacement of the
transfer of that sum from In-onus on 220,580 "New" shares ranking for dividend from 1.7.53 temporary godowns on the site
vestment Fluctuation Reserve. at G60 cents per share, free of of those destroyed during the
This latter reserve now stands tax, absorbing $132,336; pay the war, with modern reinforced
at over $1 million, being 28% annual bonus to the staff at the THE DEBTS PILE UP
Concrete permanent structures of the market value of our discretion of the Directora and also our new Godown No. investments. long. lonely 19, a reinforced concrete build.
absorbing $140,000; and to carry for forward and
to often ing
1954 Account six floors, one of which Typhoon Losses and Claims $1,736,077. is equipped as 0 modern cold have been provided for 18 Seconding the adoption of the to storage plant.
These new premises
report and accounts, are all of
TWO
DT D. ACCIDENTS fire-resisting construction
Laing said: and The higher transfer to Marine Six months ago, she switched ventilated to
I must that the air is Losses Reserve
congratulate the is attributable Board and Management on the her job and became a cashier changed eight times every hour to making good in a department store. From The Intal capital expenditure the cost of repairs to six Hghters particularly difficult year when
to the reserve results obtained during then, for some reason or other, a during the year was $2,343,000, involved in two accidents new kind of trouble began,
bringing the
one, no Board or Management could post war total when film scrap took fire in the have harnessed Now, she who had
capita: Dlways
expenditure
tide over Dangerous Goods been so careful, found herscit, $6,500,000.
Anchorage trade. As shareholders, we, week
and, apart from damage to the course, realise that there is a ufter week in debt. She There is also in course of con- lighter, unfortunately five Lives time lag between the hogan to steal from the till she struetion on the site of our old
raising were lost; and the other, when of new minded.
capital and No. 14 Godown, destroyed dur-five lighters were damaged durit into "bearing".
bringing A Bow Street, the othering the war, a modern building ing a typhoon in the early morn- morning. Mary, a slim, ginger- of Ave floors, which has been ing to September 2, last. On this gratifying, as
crease in profits haired
is the profitable plended feused for a period of years for latter pension five other lighters operation of our subsidiaries. I guilty to three charges of USC Hongkong's first flour in the embezzling a total of £3 198. Od.mil. This bullding is so de- which livinity foundered, am sure shareholders will ap- amply demonstrates the prove of the tangible token of MARY'S CONFESSION signed that it can be re- robust construction and
converted for storage purposes worthiness of our craft.
appreciation to the staff. I would should the lease fall in,
also commend to You
will note that after your approval the re-election of company is now making the above provisions
our senior Diretor, Sir Robert or all and providing for dividends, the Ho Tung, Kt, who has served
carry forward to 1934 is over
our interests for 27 years, seventeen lakhs,
this connection I would remind you that both Major Churn and she fought to control the heavy during 1952 has, as yet, made duction under Land is the net
Mr Croucher have been on the sobs that shook her,
to revenue, book value of two small godowns former
Board for 26 years
and that the officer, for the new premises were not sold during the year, Buildings "Yesterday," said the
has presided at "when she had pald her debts completed un! lowords the Account has increased by the
moetings since 1938. with the stolen товеу, she end of last year.
cost of new Godowns Nos. 7, 6
OTHER BUSINESS went to the manager and con- Storage
and 19, and Vessels, Machinery
The re-election of Sir Robert fessed what she had done, be maintained and expenses
Alternatively, plaintiffs claim by the cost of cargo Ho Tung and Mr R. Johannes the per &c.
equivalent in Hongkong from Japan in the ss Patroclus cause she said it was
Arriving here this morning shots; all he saw was a short and on her dollar revenue slightly reduced. handling machinery installed in sen, who were due to retire by dollars
small fellow fire but he could conscience.
of US$449,504.43, The Arm say she
these new premises,
rotation, and the confirmation of damages,
or was Sir Esler Denning, KCMG, not remcmbir clearly. was good in her work."
VIOLATE REGULATIONS Our holdings in subsidiary the appointments
Mr d'Alton then repeated His British Ambassador to Japan, "How does it come about that
not During the year under review companies are shown at market A. Klusman, F. X. Cleary and you were behaving in this dis we were
The Defence is that the mor- Kingdont on furlough.
who is on his way to the United allegation that Chau was value of over four and a half Li Fook-we to the Board was gins, graceful way?" Mr Reece asked
free million dollars, against which proposed by Mr T. B. Wilson plaintiffs, had been converted was met by Mr A. E. Shave,
at the request of tho Mary.
Unfortunately,
On arrival, the Ambassador stalf of a there is a reserve of over one and seconded by Mr R B. godown, who in the first instance million dollars. During the year Anderton.
Into U.S. dollars and that they Alde-de-Camp to His Excellency CONTRITION
made a minor intruction of our
were held by the defendants in the Governor, and was taken CHE tried to answer, but the stringent
ou under review we acquired Mesars regulations,
Peat. allowed 438,270 additional Nerth Point Mitchell and Company, Charter sobs would not let her. If themselves to be coerced into a Wharves, Ltd. shares and 74,132 ed
In the Marwick, US, dollars
United States. As a result of the freez ashore in the Governor's launch. you get cashiers being dishonest, major
deflection by
Accountants outside
ing regulations were те
passed in Do Sir Esler will be the overnight Sandakah anything
happen," sald may
Light & Fower Co. appointed auditors to the com- sources. These employtes, some (1922) Ltd. shares.
cember, 1930, the monies
guest of Governor Sir Alexander the magistrate. He sent of whom had been in the Com-
pany for the ensuing year at a become blocked. The book value of our gross fee of $6,000 on the proposition paid to plaintiffs' account, which the UK in the Patroclus to- Grantham and Lady Grantham. Mary off to see Miss Hamilton, pany's employ for over twenty assets increased by nearly three of Mr F. R. Zimmern, seconded
were He will resume his voyage to the probation officer, who pre- years, were dismissed after they million dollars during the year. by Mr D. H. Hazell.
was consequently blocked, sently brought her back.
had made restitution from their
was maintained. think," said Miss Hamil Provident Funds. Three other
AMPLE RESERVES
The Directors present at the ton, then, she's genuinely con-
Sir Esler, who will be away Reserves and Surplus total meeting, apart from Sir Robert Percy Chen and Mr Brook A. is a noted expert on For East
Mr John McNelli, claims
QC. totalling $1,700
Mr from bir post for six months, trite, and someone who needs were paid ex gratis.
nearly twelve million dollars Ho Tung, who Won help. think that her mother
and are very ample.
on cx Bernacchi, all instructed by Mr affairs, In order to arrange the Ananc-
leave, were: Major S. M. Chum X, H. Chan of Messrs Lau Chan dish diplomalle missions in the served with Bri- a very strictly religious
Staff Superannuation Funds (Chairman). R ing of the development of our woman, and that this girl could associate North Point Wharves, now stand at $521,000.
Johannessen, and Ko, are representing A. Klusman, N.V.A. Croucher, plaintiffs,
the Far East for many years. He not face life up there at home, Lid's
western
I regret to record the death of Li Fook-wo. F.X. Cleary, R.A. again.
berth,
speaks Buent Japanese, Chinese Directors
to decided
Wickerson (Managing Director), Increase our former colleague, Mr Mary was put on probation.
and Russian. Director of this and the Secretary, Mr A, D,
Sir Ho succeeded
Alvary This time, though she had done our large holding in that com-Tse-fons,
Learmonth.
Political wrong again, pity, not reproach, pay by offering one of this company for 23 years, and we
Gascoigne as British surrounded her. Seeing her go of the associate's shares.
company's shares for every two extend to his family our deepest
Representative in Tokyo in their bereave- This sympathy in you wondered what her family offer was accepted by the large
1851, becoming the first post-war ment. would say. it ever the news majority of
As usual, the Company's staff shareholders we shoult reach them.
could contact, and as
mit have served us conscientiously a 'result we held, at the end of the year, and well during the year and I 95.97% of the issued capital wish to record our appreciation
stealing
that
only with sum, The Foll defalcations amount to
Your
about £40," n equipped
to take care
will of course raised
policeman said to Mr Bertram types of cargo. Reece, the magistrate, and went Shareholders on 1 tell Mary's story. while realise the new capital
Is
LOSING HIS PIGMENTATION
(Continued from Page 1)
cases of natives losing their colour in spots, but I have never been one lose hls colour so completely."
little contribution
amali
revenue
WAS
well
almost
the
claim
your
In the Balance Sheet the re-
#
Id
The plaintiffs, the China Mu- tual Trading Company, of 13-27 Ire House Street, are claiming from
Banque Belge Pour l'Etranger (Extreme → In
Orient), Edinburgh House,
return the (with interest) of HK$2,590,- 171.90, being the balance margins paid in connection with the importation of certain goods Into Hongkong.
our
of Messrs
Radio Hongkong
They
of
had
Ambassador Returning
To England
·
1
morrow. --
The defendants are represent- ed by the Hon. Leo d'Almada; QC, and Mr D. A., L. Wright, both instructed by Mr H.
and tonight to allay
previous testimony radio In the Lower Court Chau bad worldwide "hysteria” over
stated that the three brothers atomic issues. said "save life and strike them."
"Is this what you sald?" asked Mr d'Alton.
"Yes."
He said that he wanted to make "a quick survey of the nation's strength, Its problems, Its apprehensions and its future." The President opened by say-
that he wanted to talk to ing
his radio and to television audienco
"Then you do admit charging your testimony"
chau told Mr d'Alton that he about a very big subject.... fired the about this great country of ours."
could not s20 who
Notices
The Intent Uimar of posting shown below are those för ung registered correspondenre posted at G.P.O. Mongkong. The intent posting times alaswhere which, la general, Are earlier than the 03.0, dmas can be ascertained hy enquiry at the iscal office,
The latest porting times for
·JEKUĻOTNA articles are generally one hour earlice than the times shown below. Partienines regard- ing parcel mails can be ascertain- ad by enquiry at any post omes.
Armstrong, of Messrs. Deacons. British Ambassador in the same & Canada, 0 p.m.
REIMBURSED AGENTS
year. He was war-time poli- tical adviser to H.K.T.
the Continuing his Anal
Supreme 6. Time
sub- Command in Southeast Asia and Signal and Pro- misalons gramme Summary: 0.03, Melody with McNeill said in reference to the of State for Far Eastern Affairs from yesterday, Mr was Assistant Under-Secretary A State: 8.30, BBC Baraland.
Office at the
Further shores have since been tangible token of your apprecia National Bard of New Zerland, sum of US$170,000-odd that in at the Foreign
of their loyal Bervice. exchanged. Only holders of 6,100 shares, less than.1%, re- tion in included in the Appro~ { 7, "Ptrat Hearing presented by York correspondents had in-Tokyo. fused the offer.
placed on a definite boals, re-
priations During
to
by
Forcea
of his appointment
to
ORDERS ATOMIC EQUIPMENT
TUESDAY, APRIL S
By Al Formosa, Japani, Okinawa. V,8.A. Indo-China. France, 0 p.m.
By Burface Indo-China, 3 pan. Thailand, p.m. Macao, 6 pm.
WEDNESDAY, APRIL 1 By Alt Philppines, 10 am. Indo-Chin, 10 m. Formon, Japan, Canada, & p.m. Japan, d pam.
Formosa, Okinawa, & pm. Thailand, Malaya, Indonésia, Aus- tralia, New Zealand, § p.m.
Burma India, Caylon, Pakistan, Middle East, Africa, Great Britain
Europe. 6 p.m.
By Bartace
China, People's Republic, 8:30 am, Philippines, Noon,
Pamoss, 1 pm
Miklays, Burina, India, 2 p.m.
Rabaul, Australia, & New Zealand,
has
of
Macao, 3 p.m. Thailand 2 pm.
I p.m.
Macso. 6 1.m.
■
THURSDAY. "AFRIL
Conductor: CGL. Smith (BBCTS) a telegram, the bank's New ima to be voted at this Bernard HicksStudio); 7.30, L As a result of this transaction meeting.
(Studio): dicated that drafte drawn upon -Heure
Weather Report: the year there were signal and World New London been negotiated in fact. In
& Time the essential development is now
the authorities to negotiate
had changes being carried out, and the, as it
several
in your direc-| Heley: 8.30, New Talk (London now is, insidiary's loan capital/torate. After the sad deceere 8.15, Interlude for·Muse, with Kay
Rey or Special Announcements other words, Counsel said, the of Mr LI. Tse-fong, his son,
Mr Cavendish
bank's correspondents had reim- (BBCTS): 8.30.
bursed payable over a long period un-Li Fook-wo who has several vourites (London Ratay 9. Time
the bank's agent to times served on the Board, was The African, aged about 60, der this Company's guarantee,
Bignel, Musical Notebook presented whom the bank had, given Ins works on a form about 20 miles
The
Father Bystructions to pay the seller, 1.6. take his father's so): 0.50, "Words Round increase of issued capital invited
London, Apr. 5. from
Wolmaransstad, sys he due to this exchange was 200,600 place. We niso invited Messiah Work Silver Jublies of "the to negotiate the draft.
The Ministry of Supply has been losing this colour rieres of $8 each, credited as X Cleary and A. Klusman corporation of Crble and Winsleer
Limibed. The Story of Torty-five Plaintiffs were not concerned
ordered £300,000 worth steadily. "since the war"which fully paid up.
to join us and are pleased that years of endeavour and adijevement with that contenot between the atomic equipment for producing war he did not make clear.
PROFIT & LOSS A/C
theso throo gentlemen were by, Cable
British and Commonwealth organisa-
Commonwealth the defendant bank and its Ameri-rankam from the General Elec- His parents were Africans and Turning to the Profit & Loss abio to accept our Invitations tion: which
operate and van correspondents, Counsel sald. tale Co., the company disclosed his children are typically dark. Account, you will note that De- and give us the benefit of their mataire Cable and Radio circuits. They were concerned only with
today. The only trace of his former preclation has been reduced by counsel and advico, -
inding most of the earth. Write the contract with Banque Belge the National Atomic Energy The Ministry dots' as 'spent for colour remaining is on his nose. $84,000. This comprises $40,000 Mr R. Johannesen is retiring Mauro Brown cordon under the authority to negotiate.
Pocock. by This too, says the district sur- bring reduction due to Sinking in a few months time, and
Polar3), 10, Music from Hollywood. What arrangements were made Commbaion, which is to use the geon, will probably vanish in Funds matured in 1982-there- take this opportunity of with the Bank Order by the defendant, bank for pro equipment in one of Ha laboru- time.
foro
ing both him and Mrs Johan beta further appropriations were Asked to comment, ·a Johan- unneccesary; the balance being newton many long and happy nosburg physical anthropologist cash residual Value of Nieven years in retirement. said that he had never known,; buildings demollâhed during the
Presse.
Robert
supplies.
1
Percy Fath
You will note Web Sir Robert
rotation for re-aitalion.
Boybe you Viding for payment of the goods, orie-France-Presse. dry Wall beco
cond. by Con in collecting documents, viani Lambert: 110.50, Werther Re-
absolutely no port- 1a zima Bignals Radio News | Wire- Seal London_tuni alet Memes Pisan Mind by Con- saki,
1110, Good- whatever of the plaintimi, he God Hearing is continuing.
utu. CONCITO
"What's His Liná?“. Solution. BORIS KELIPTER 5
of a case of this sort--France-year and replaced by permanent Ho Tung, Xt comes tip
buildings.
By Air India, Ceylon, 19 am,, JAPAN, A P.03.
19
He asked Americans "to make a quicic survey of its
strength" veli as its "problems."
Declaring that the US has "great military, economic and intellectual strength," the Pre- sident added, however, that he wanted particularly to call at- tention to the nation's "spiritual" strength.
Pointing out that as the Easter season approached the year had "spiritual overtones," President Eisenhower and that "In its conception Our
had a spiritual foundation."
nation
Referring to the words of the Bill of Rights, the President re- called that among other things they guarantee men equality of various sorts and rights such as that to worship as they pleased, 'He and that today we need the same stamina, courage and gallantry as that displayed by forefathers in defending these rights.”
our
said troubling
FIVE, FEARS President Elsenhower there are five fears tho United States people,
namely:
1. The men in the Kremlin;
2. The atomic age;
nation's
S. The loss of the friends in other countries be- hind the Iron Curtain of Com- munist dictatorship;
4. The Communist
the penetrate Internally;
United
effort to
States
5. The possibility of a de pression in the United States.
Ho said these fears can be met face to face without the publie getting panicky or deve loping
of Jitters (nervousness).
A
His spooch
was a personal type of talk intended to calmn
the people and persuade them that the strength of the, nation
Philippines, Guam, Hawaii, USA, is such that it can solve./its
4 Conade, pa..
Formos, Dum
Philippines, N. Borneo, Bapti
By Burizos
Chios. People's Republic, 8.30 am
problems and come out, sticcess→ fully. He ant on the edge of table to give an informal aspect. to his spacchi Unlled Presić:
Printed and published "DY WILLIAM ALLUM GRDEHARES FOR end; on behalf of South : China Morning Post-Limited-at Wyndham Street, City of Victoria, in the Colony of- Hongkong.