LARGEST
SHANKS & CO., LTD.
SANITARY EQUIPMENT,
ENGINEERING EQUIPMENT CO. LTD, ILK. & Shanghai Bank Bldg. Tel. 27789
JOHN CLARKE'S
CASEBOOK
Downhill Route
Sa girl. Priscilla read
As
inhabited
the fringes of society. The pitiable misfits and those ill-fortune had broken, to whom a crust of begged bread was a feast,
and a bed in the casual ward, luxury.
There
were
from
As remote Priscilla's world, as the women
CHINA MAIL
Established 1845
THURSDAY, MARCH 10, 1955..
WRITING MILEAGE GUARANTEED
Soviet Comment
Of Critical
Eden's Statement
Moscow, Mar. 9.
Sir Anthony Eden's statement on Far Eastern affairs in Parliament yesterday was an attempt to whitewash American aggressive action against the Chinese People's Republic in Formosa,' Soviet News Agency Tass said today.
the
His appeal to the Chinese Communists and Nation- alists to renounce the use of force was made "to cover up the flagrant use of force applied by the USA which has sent her armed forces into foreign territory," the agency
a pigmy fribe in central | added.
Atrica.
a pros. Midlands
was
Priscilla grew up in perous suburb of u
her girlhood elly, and suitably conventional. years of schooling at a "ludies college, then for a year or two the normal suburban round.
TRAGEDY
PRESENTLY Priscilla married
and the sun of everyone's approval shone upon the couple. in due
baby course,
Approval Kon
born, a
was was Then, the
up Priscilla
renewed and magnined. when the baby was two. marriage broke
divorced her husband.
She put a brave face upon the tragedy und faced 11
While her
alistically
parents
looked after the child, Priselila took zborQiand.
a course
In typing and
She found work and all with well until short time ago.
WAITING
THEN she fell out of
1,
work first time. for the found dificulty in getting a new post.
In something like panic, with
too little advance thought about
details, Lancion
Priscilla
came
10
Tus went on: "At the same
to Dulles's Ume and contrary plans, Eden demanded that the Chiang Kai-shek clique should evacuate Quemoy and Matsu.
forward
"The demands put by Eden intentionally omit the essence of the problem of the Aincricon occupation of the Chinese islands of Formosa and the Pescadores,
"Nevertheless Eden fell able to say that if his demands were
the British accepted,
FRANCE
MIDDLE
SIDE GLANCES
By Galbraith
A.S. WATSON'S
Depr. 1991A Bertan, Ina,
"Maybe it's not too bad! Now that we've broken one of her best dishes, Mom won't trust us to wash 'em again!"
SHEAFFER'S
Fineline
500
Available with extra fine
and medium points,
PROFIT
DECLINES BY $462,847
In Dividends
Restriction In
Explained By Chairman
An aggregate decline în profit on working account of $462,847, was reported at the annual general meeting of A. S. Watson & Co., Ltd., this morning. Gross profit in aerated waters was down $449,338 and that in the wine department by $116,310. Offsetting this were increases in gross profit of $48,805 in pharmacy and drugs and of $22,276 in other revenue.
The Chairman, Mr R. A. Wadeson, said the loss in profit on aerated waters was almost entirely
Mail Notices
The
latest times of posting shown below are those für uns registered correspondenen posted at 0.2.0, Hongkong, The lates posting times elsewhere, which, In general, are earlier than the
by_anquiry at the local osien,
The latest posting timer for registered articles are generally one hour earlier than the timer shown below. Particulars regard- ing paresi malls can be nicettala- ed by enquiry at any pon omen,
due to the loss of business in exports and particu- or unes can be certained larly in the Korean market.
Mr Wadeson also explained to shareholders why the Company had decided this year to restrict dividends to $1 on old shares and 50 cents on new shares.
Addressing the meeting. Mr 1343-a favourable difference of Wadeson said:
$3,826,998. When
It is noted, however, that stocks amount to The net profit for the year is $4,398,668 and remembered that $1,014,701, To this has to to this
Agure must be increased
THURSDAY, MARCH 10 By Al Philippines, N. Borneo, p.m.
•Hawid, U.8.A.. 4 p.m. Switzerland, J
Norway, Sweden, $ 9.1
Italy, 3 Pylon
m.
SCEPTRON
India,
30
Aden,
added the balance brought for- ward from the previous year of subelantially in the height of our Middle East, Grost Britain & Europe, $54,908, plus unclaimed dividends Aratot Water season, the need or $3.005. Afte
allowing for
to further consolidate our cash
Corporation Profits Tax of $140,- position will be appreciated.
000, the balance
Directors
1933,274
recommend
fion
As a Company which is sub- Ject to most of the hazards of a
Macao, P.m.
FRIDAY, MARCH 11 By Abr Philippines, E KIN
ment would agree to 'discuss' on
an international scale the prob- tem of Chinese representation in the United Nations,
"Eden added
that after his Laiks with Dulles and afterwards with Premier Nehru he had reached the conclusion that at the present ume the necessary conditions of progress did not yet exist' for a discussion and solution of the Formosa problem. "Eden's statement shows that
with despite all his differences gOVETR
Dulles
British the
Foreign Minister has in the matter of Formosa
tho not renounced position of infringing the Just rights of the Chinese people,
"HAMPERING BOLUTION" "By hampering the solution of this problem
and referring to and of walding the
necrosity
only showing
patience, supports American aggression in
East, Tuss declared. also commented com yesterday's broadcast by Mr John Foster Duiles, the Ameri- can Secretary of State, saying It vas "filled with hosule attack"
The North Point Wharves recently establish on Communist China and North
ed a new unloading 'record for Hongkong, Major Vietnam.
said he had
emphasised As Treaty S. M. Churn told the annual general meeting of the
of coping with аду that the Southeast
deterioration
nino In trade and embraced the territory of Laos. Company this morning. In seven hours 1,448 tons
in a position to take advantage | Biddle East, Afrion, Great Britain di and South Vietnam
were unloaded from four hatches, an average of
quickly of any improvement. | Europe, 9 a.m. had thus shown that
By comparison with
Philipptres, & ser the America was
**yfolating the 52 tons per hatch hour.
previous year, the profit from Following the reference made Geneva agreements (on pence in The year, said Major Churn, had been a diffl-world and as this is quite negotiations with the Malayer Working Account is lower by last year to the continention of Indo-China) which preclude the drawing of Cambodia and South cult one, competition being keen and at times un-ubstantial, I submit the follow- Syndicate regarding the imple-
into Any military
economical.
ing Working Account figures to
to mertation of scheme facilitate the explanations to
to our
EAST DEFENCE
Paris, Mar. 9. France would join "with pleasure" any Middle East- ern defence system likely to obtain the unanimous
ap.
She paid a week's rent for aproval of all States in the room in a boarding house, and area including Israel — a left her telephone number with
Quai d'Orsay spokesman a secretarial agency.
Then she waited and watched said today.
ate
with horror as necessities into the Butte money she possessed
SOLACE
WHEN the week's end came, W
Priscilla had not money enough left to pay for another week's lodging. But the agency telephoned. "You can do one day's work next Monday," they
naid.
But how to live till then? her anguish, Priscilla spent most of the little money she had on The bout ended up in the
Clerkenwell court on charge of being drunk.
drink.
ព
The
the spokesman said French government was anxious lo bridge the Kap separating members of the two rival de- tence pacts
recently concluded by some of the Arab States.
He indicated that, in "constant and friendly" consultation with the United States and Britain, France sought to bring together signatories of the lengi-
Great
the Far
Tor
#
Cambodia
groups.
Eden
Ori
Internai
Turkish pact and the Egyptian-LEAFLET BOMB and
Syrian-Saul-Arabian alliance
"How this enn be done has not yet been settled. But wt believe there is a solution
and
hope we shall achieve it soon," he said.
pleasure
INCIDENT
Rome, Mar. 9. Youths identified by the police
any constructive and sation hurled several home-made
Unloading Cargo
By North Wharves
Record
Point
you
for appropriu- the which
be dealt with as follows to pay a divi-tracting concern, our fortunes are bound to fluctuate. The year 1954 dond of $1.00 per share for the
15 considered to have boers 500,000 of year,
tax, on shares (Old), $500,000; to pay and
difficult in trade in Hongkong
the fact
Local that our dividend of $0.50 per share for the year,
been maintained free of tax, on 100,000 business has shares (New), $50,000; to trans-can be regarded as satisfactory. der to General Reserve, $200,000 ton as disclosed by the Balance
From the strength of our
our post.. Loss of Offee to the late General Sheet, It is obvious that we a to write off the Compensation for Managers, $100,000; and carry capable forward to $88,274,
which
the
next Account,
Thailand. Burma, India, Pakatan, Beypt. Switzerland. Fræice. Great Britain, 9 a.m.
Formors, Japan,” Korea. 10 A.ITA. Indo-China, 11 .m.
+ Japan. 19.A., Canada, di pun Malaya, Indonesia, Australia, New Zealand. Certon,
By Burlace China, People's Republic, 9.30 am. Macno... Thailand, 10 mm.
Fukada. Ngoa
Japan. Howdi, * pm.
Philippines, & p.m.
Масло, в р
SATURDAY, MARCH 12
By Air Thailand. Burma, India, Pakistan,
Formosa, Canada, à p.m. Okinawa, Korea, 6 p., Japan, USA.. I p.m.
Saar Crisis
Averted
Associated Company Hin speech was an admission Addressing the meeting, held; I regret to report that our old
you are entitled, Declines Malaya A. S. Waksote & Co. "that the United States
would in the offices of the Union Trad- and valued Office Manager, Mr in gross profit were
oit were in Actated (Malaya) Ltd.would mamriac- Water and pursue its polley of gross intering Company, Ltd., the Chair-3. M. Silva, passed away sud-
Waters of $449,338 and in Wine tune our Aerated (erence
1 China's
Specialitie man said:
denly at the end of the year, and Department of
In Medicinal $116,310. affairs, occupying Formosa and
The net profit for the year
franchise, I have to report that we offer to his relatives tur CrCases in gross profit were the necessary minimum capitul other Chinese islands." Tam de-
was $480,583. This is a fall of sincere condolences.
recorded in Pharmacy & Drugs required under the Agreement. clared. Reuter.
1.1% per annum on the return From the Directors Report of
of $48.303 and
Bonn, Mar. 10. Other Revenue
has now been subscribed and for the previous year.
will have noted that there or $22,276, whilst expenses were that the Franchise Agreement is
The Impending West German The year under review has la available for appropriation the lower by $82,017.
aver the STAT been a difficult one, with keen
ready to be adopted. Further condition crisis sum of $2,400,939. You will re-
was averted last night the most important more, a suitable site in Kuzaine By far at times uneconomical com-
but at the same time a move call that for the time being the part of our business is the manu Lumpur has been purdhrased by
kill to
the petition, bui
got pleased to BLIT
distribution
underway in dividend facture and sale of Acrated the Malayan Company; plans for that report
your
French German Suar agreement Company has restricted, by agreement with Waters, and although our grasse factory there have been drawn not only maintained, bul" sub- our Bankers, to 8% per annum.
proft:
from this department has up and are now being considered by recourse to German courts. stantially increased the number
The Free I now beg to
ose that the
by
Democratie Párty propose
$449,338, this is al by our staff, and quotations for of Vessels
ng our facilities, } Directors report, accounts and most entirely due to something the machinery necessary to Ini-which opposed the Saar accord and the tonnage handled in- baiance sheet for the year ended beyond our control--the loss of date production have been called in the recent parliamentary "France would participate with as members of a Fascist organicreased by nearly 100%, though, December 31, 1954, as presented, business in exports and particu-for.
ralification debates, decided last as previously, stated, the margin be adopted, and that the balance larly in the Korean market. It
night, to "maintain the gØVETR«* of profit has been reduced by available be dealt with as re- will be Wii be
During the year, Mr Li Fook-ment coalition:” extreme competitiori
wo was invited to the Board to
But the Parly voted to sup- With the continued restric-commended by the Directors, namely:-pay a dividend of 60
60 greater competition, our local take the place of his illustrious tions on the free trade of the STA
cerita per
absorbing
man who violently attacked the ing sales in volume were much the father, and Mr D. Benson was port its parliamentary spokes- The police said the injured Port, there has been a change in$352,250; pay a bonus to the
trend, with more transhipment
same as in 1953, and although invited to the
Kongad
Adenauer last October. N the Monday morning, her
Directors
alightly lower, the gross proftB. Johannessen.
Meanwhile, the Socialist Party. The use of our facilities has been
$45,000; provide for youths" who threw the bombs.cargo pakeing through our hands, staff at the discretion of the sales in terms of money were created by the retirement of Mr agreement signed by Chancellor first day at work, she stole
His companions fed by car,
Taxation
$60,000; transfer
was almost unchanged. found by our valued clienda to
to
CLEAR PICTURE
faunched a move to bring th £3 from a colleague's handbag.
Sear Some damage was done to a
$1,000,000 improve the spood of turmound General Reserve
LOWER MARGINS,
agreement before the West When the
Mr G. W. Sowell seconded the German constational count to caught and
hazzaony and peace of the Communist bookshop housed in ot their vessels, and our carry forward to next account brought to the Clerkenwell region.
the Red headquarters, & Cam-mochanized handling to reduce $1,033,689.
Regarding our other depart adoption of the Report and test its constitutionality. court again, she cried: "I was
Mommer, a Social He noted that France had munist source Bald the group possible
Dr Karl cargo. Adoption of report and statements, I am pleased to report Statement of Accounts and said: absolutely 'terrified. that
We have listened with much Democrat specialist on the Seaf receiv
ved all assurances that the drove up to the building, broke Recently, in seven working ment of accounts was carried that our Dispensary and Pro interest to the Report just pre- have to undergo again that Iraqi-Turkdsh alliance did not a window with stones and then hours we unloaded from four unanimously on the proposal of prietary Manufacturing Department to 1 une sure that all sent invitations to all Bundestag voted against members "who experience I had last week-end. threaten the independence of threw the bombs Inside,-United hatches 1,445 tons, an average of the Chairman and seconded by ments maintained their turn-
appreciate the 52 tons per hatch hour, which Mr N. V. A. Croucher. and have to go to that terrible Syria or the Lebanon But since Press.
ratification of the agreement to over, although
at somewhat Shareholders
thea petition asking for a court da a record not only for our
margins o OTHER BUSINESS raised
and that clear picture drawn by lower much pact
of
on the Chairman regarding our Com- Fruling magistrate, Mr T. F.
wharves but also for this Port
Mr F. X. Cleary proposed that Wholesale hostility
other Arab
showed a.; amor
F.X. remanded
NEW SHEDS
France-Press her in States as weil ne Israel, France,
pany's present position, the retiring Directors, Messrs N. very marked During April last year ourV. A. Croucher and A. Klusman,
The rest of the week-end Priscilla spent in a reception centre--probably the roughest form of lodging to be found in Lorium, The experience shat- tered Priscilla,
ON
TERROR
institution place again..
The Davies,
durabic system likely to win unanimous approval of all States in the area," he added.
FRENCH POLICY
stressed that The spokesITJATI France's policy in the Middle East was opposed to any act
that threatened to disturb the
this
60
leaflet bombs into the head- quarters of the Italian Com- munist Party today, injuring at least one person,
person was one of the "Fascist
custody, and when Priscilla next he onid, did not feel this NEW CARRIER
appeared, प्रे slightly bullt alliance could achieve the
woman, with iron-grey hair, a
probation officer said: "I think she toas in desperate straits..."
results intended unless it was
approved by all the States in the Middle East.
TO BE BUILT
I'm wondering what we can He said France's chief Immedi-
Washington, Mar. 9. Tho Armed Forces Com-
damage
10
share
of Interest to you to Learn that, in spite of much
Deprovement. :
new two-storeved tranedt sheds be re-elected. This was secondert d the diminishing of business
do for her," the magistraić sold. ¡ate objective at present was to mittee of the House of Repre- which we took over with the D. I
"I think she's Been very❘ find compromise solution to | sentatives today unanimously friendless and forlorn, the pro- bation officer sale. I think she say everyone and enable the
could do with someone to help.”ation of an effective Middle/approved the construction of operty in 1948, is to be resont né the meeting were: for the year is capable of giving conditions. ·
"I'm sorry,
Priscilla sobbed, with her head town.
you ought to be," the magistrate said, "You've started on a very slippery path."
Trembling seized Priscilia.
Chall
put you on proba- tion," said the magistrate, "but do remember that you are the one who can help yourself the most
ค
Ath
transferred a new block now glant 60,000-ton alreragt war, to slow out at Meers N. V. & Croucher, A
A contract has, since the end (Directors) and Mdosry Li Fook- | ❤sklerations.
Neigh, Neigh! Come Back
season
in
Water
Vacancy
the
NEWY
agreement.-
Radio Hongkong
HX.T.
Bignal and Pro 6 p.30 Timo
mine Sam Halt four presented by Robert, „Achgion' (Audio); 8.30)| Portugises Halgi Bour
(Handel-Beschams)---Royal
of a reduction in local No one with a knowledge of
will cavil " and "** were completed by Capt. R. Firkins, and carried
ordern, our Wine Depart Boards decision to strengthen and have proved a valuable Messrs Peat, Marwick, Mit- ment suffered a substantial drop the Company's financial position well used addition to our, chell & Co. were re-appointed in turnover and consequently in particularly as the year ahead Zacilities. The office, which has auditors on the proposal of Mr net profit.
cannot bò regarded with been hodood in an old, house: Ll
seconded by Mr A.
After allowing for Corpora
degren of optimism from the tion Profits Tax, the net profit point of view of general trading S. M. Churn (Chairman), shareholders, a dividend of $1.50 East dofence Aystem Asked carrier for the
We have the nome, we have 1. Time Big World News (2nd on the old shares and 80 cents United States
don Relay); 7,09, Contuantury (Lon« ashamed whether Israel would have to Navy.
at is functions with North Klusman, R. A. Wikerson (repre- on the new Food
alkares. The de the goods and we have the staff don Rais!) or Special WADDOUROS approve such
Point Road, in the centre of our senting Chinn Provident Loan cision to recommend only $1.00 to meet competition and to take mente:376. "The Gres Biopappens? The first of the carriers was spokesman replied then, the
and Mortgage Company, Lid.), and 60 cent respectively is en- full advantage of nary improve monte Orchardood, Bir Tho this was the Forrestal named after
property. amsidered essential by France.
financial ment that may take place in Beschamps 7.30, jag som •from the former secretary of the Navy.
Koverned by He did not explain
Israel's The
Adelphi," and "Olbies?. Committee also
During ap-of the financial year, boon lot wo, F. X. Cleary, A. D. Lear
the the market, and to those who showe of the part in such pact with the proved a further programme of for
height of
Acrated the completion of month and Capt. R..Birkins
ater have worked for us so con with Lapion, Lane Helen Clark Ri (Bhareholders).
WILÁNOS TRmmy Young, ŽIMY, THIS Arab States hostile to her 1,000,000,000 naval construc- Godown, adding 10,000 tons to
1954.
it was necessary selenticurly, faithfully and twat and tor Concert Orchesta. United Press.
ta tion for the fiscal year 1955-56 our capacity.
secure facilities from our efficiently we convey our grate-led by John Wai- (BRCTS); which will include three new I am again, pleqsed to `adving
and with these stond Notebook seamated by d Bankers to the extent of some $2 ful thanks
Kia" | Rev. Falberg (T2) atomic submarines --- France-that the year under review was
million. It is felt that this is too remarks, I now have pleasure (studio)150 housky Prosse.
dree of claims,
the parse of experta solve » gepblem great an amount
into in formally seconding During the year, we were
overdraft and it is with a view adoption of the Report. and our Han (BECTO approached to sell a small anca
correcting this: situation of our and and, though your
that more funds are bein re Statement of Accounds for the signal, Sport
year endled the October 31, As the
(Berjalana)--Prinals Boart was not anxious to reduce
A horao | called back, another | tained. by a reduction of 1054.
bechentra Bun dividend. Between our land-holdings. It was felt which had bolted, "the"
the tin and "distributed, profita
de bort the opportunity should be News-Pictorial reported.
On the proposition of Mr K. C. Krombonie The report: såld ⠀an 'old man' taken to liquidate a substantiat
preciation, we are retaining: la Johnson-Hill, seconded by Mr Mary beke A leading member of the op- position Social Democratie Party
London, Mar. 9, part of
Our overdraft. The was leading two horses across the Company from the 1954 RC- Wong Chi-po, Moses Li Fook- The fist furget of £400,000 hitaamaction, resulted in a proti | #" busy. Intersection in a-Mel-counta said Inst night that his Party
$788,880, and provided way D. Benson, W, A. Stewart further retentions" on the samé and Col J, D. Clague were TE- opposts the Legislation to carry for the St Paul's Cathedral of $1,312,493 and reduced, the bourne suburb. Only one of the
scale are possible, the financial, alected Directors, gut out German rearmament as pro- Building and Restoration Fund overtrudt by one, and a halt. horses was on a halber. vided for in the Paris tigres has been reached,,
ryna" other, frightened by the fb wow an milion dollengodbye
position will be remedied within nounced here.
nedrty short PERMAN ON LOYAL STAFF WORK trame, galloped off into a n
Thereafter it Mom Pat-Marwick, Mi ments.
Purpose of the campaign is to. I have pleasure in contend-. Herr Fritz Erter, & member of
dividende more nearly related tons on the Bundestag wrote in the socure a permisment annual in ing to you, the services of your The und man spoke to the
Ca Party's Youth Magasine that the come for the
stan during the year under horse he w holding and I to the profita epene ylaw. They have served the whinnied loudly to the rumaways On examinsiton. Company in their usual loyal The runaway stopped gallop B and relible way: the Company whinnimin neplyzaba" Liquid Interests are in loyal and wiling threaded lis way back - through kamatne
Tumawal the trafnes China Mall #pecial
Priscila nodded, a police Opposition To
woman took her arm and led her out, to begin the long struggle back from the 'falf- world she hati onoo only rend about but now had experienced
· Rebels Slay · Six
Rearmament
Bonny Mar, 10%
St. Paul's: First Target Reached
of
Batrin, Algeria, Mar. 2.. Six... Algerians were slain Yesterday by a band of sommer 30: rebels which attacked a small caravan near Chounoche, the police reported today,
Bocial Democrats would oppose £20,000 for maintenowe and The rebels killed siz, the military legislation as long repairs and to watubilats si, £400, Algadans when they tried to as "various efforts to achieve 009 fund for
action and 1ght of the attack, the police Chieman unification wete dop
Mal ankiškUnited Pressa
Molbourne, Mar. 9.
to
to
observe that our