HONG KONG DAILY PRESS
INCREASE IN DEMAND FOR FOODSTUFFS
PROFITS NOT COMMENSURATE WITH BUSINESS DONE
Dairy Farm Annual Meeting
"Like other concerns dealing in and handling foodstuffs, we found a marked increase in demand consequent upon the Sino- Japanese condict and the influx of refugees on August læxt.
"The turnover for the year constitute a record in the company's history but unfortunately the profits made were not commensurate with the volume of business done."
These remarks were contained in the speech made by Mr. T. E. Pearce, Chairman of Directors of the Hong Kong Dairy Farm, Ice and Cold Storage Co. Lid., at its £udannual general meeting held yesterday.
There were present: Mr. Etion less than a month ago, it is Pearce, Hon. Mr. S. H. Dodwell, too early to report' on progress. Hon. Mr. M. T. Johnson, Mr. A. I
GENERAL
INDIAN GUARDS ON TRIAL
i
FOR MURDER
Crown Outlines Case At Criminal Sessions
DECEASED ALLEGED TO HAVE
"
BEEN BEATEN SEVERELY
The Green Island murder trial was opened before the Chief Jus- tice, Sir Atholl MacGregor, at the Criminal Sessions yesterday, when the Crown outlined its case and a number of witnesses were heard.
Accused are Sher Zaman and Fateh Khan, and they are charged with the murder of a comrade, named Hayat Mohammed, on Febra- ary 1 at Green Island Magazine.
י
Mr. E. H. Williama, Assistant At- and brúises were found on them. torney-General, prosecuted.
The clothes of Khan were stained First defendant was represented with blood.
ALLEGED STATEMENTS When charged Zaman said: "I did not murder him. He died in hospital." Khan sald: "I heard sounds of fighting. I went to the quarters and there I saw first ac- cused" and deceased fighting. I went back to wake the sergeant.”
The Crown's case, Mr. Williams
by Mr. H. Somerset Fitzroy, in- At i post-mortem examination. Green Spot--already # house-structed by Mr. C. A. Sutherton Dr. R. S. Begbie found
very ex- Shields, Mr. D. F. Landale (Direc-hold word-proved a good seller, Russ, and Mr. George She, instruct-tensive external Injuries, and he tors, Mr. A. Stevenson (Manager, and fully justified our departure ed by Mr. Alfred S. K. Lau, ap-formed the opinion that death was
peared for Khan.
due to multiple injuries, haemorr- Mr. J. D. Thomson (Secretary, into this line.
The following were empanelled hage and loss of blood. Messrs. A. Murdoch, A. R. Fuller- Our Shipping and Cold Storage ton, D. McFerran, A. D. Wylle, C. Departments had increased calls on the jury:-Messrs. V. Benjamin Chan and B. Smith (Share- upon them during the latter part (Foreman. P. S. Sham, C. E holders).
of the year, but were able, I am Tavares. E. W. C. Stimmons, C. M. A. M. pleased to report, to cater for all Shank, R. J. Master and CHAIRMAN'S SPEECH-
requirements.
Tavares. The Chairman sald: The profit
The balance transferred from Mr. Williams said the charge working for the year ending Profit and Loss Account to the arose out of an incident on Green December 31 amounts to $675.618.- Balance Sheet amounts to 8441, Island on February 17 and the 13. an increase of $14.275.01. over 084.42 as compared with 8434.343.65 facts briefly were that deceased the 1938 return.
last year.
was cruelly beaten to death with a After depreciating Axed assets Depreciation accounts for $172, big stick by first accused while the to the extent of $172,578.14. and $78.14, an increase of 18.000, due second man assisted by holding providing for directors and audito the fact that depreciable assets down the unfortunate victim. tors fees there remains a balance increased by 9513.763.23
They gave him an extremely brutal of $514:568.45, which includes $73.-
IL nas Inst been considered beating, breaking both his legs and 484.03 brought forward from last necessary to add "to. "Bad and causing terrible bruises on the
the body.
on
year's accounts.
Doubtful Debts Reserve, as.
As you are aware an Interim Balance at credit of this, Account What led to the incident could dividend was paid on September is sufficient to meet normal con- not be ascertained but there was 23, 1937, at the rate of 50 cents per tingencies.
one thing that might have led to share, absorbing $125,715. After On the Credit side of the Profit trouble. deducting this sum. there remains and Loss Account. Ünclaimed Divi-
Deceased and first accused had for appropriation $388.863.45, and dends transferred. amount It is proposed to deal with this 810,726.25. balance as follows:—
To pay a final dividend
$251,430
EXPENDITURE
submitted, was that this thrash- was administered by Zaman while Khan held him down.
EVIDENCE CALLED
The first witness called „way Dr. C. K. Yu, Medical Officer at Kew- loon Hospital, who examined the He found a bruise two accused.
on the and two linear abrasions first man, and two linear abrasions or the second.
Detective-Inspector C. Rozeskwy
Mr. Fitzroy: Although the blows were severe, there was no intention desired to kill he would have hit or desire to kill? I mean, I a man
him on the head or the upper pårt of the body?
to had a bet over the method of said he visited the scene of the
affixing some typhoon bars on a murder. door, and deceased had won the
Dr. R. S. Begbie, Medical Officer bet, which was for $10. Becond ac- in charge of Victoria Mortuary, As just reported, Capital Expen-eused, who was a fellow-villager or testified to the post-mortem ex- of $1 per share on 251,430 shares abscr-
diture for the year amounted to the other man in the dock, thought amination.
413,763.23. Of this, $155,375.68 that the dead man should not have bing
appears under Buildings and Pro- had the money, and on two oc- To pay a bonus of 10
perty.
The items concerned are casions asked him to return cents per share on
the new, cold storage wing at East 251,430 shares absar-
Point, cost of Kowloon Inland Lot
WOULD GET IT BACK $ 25.143 bing
3871 and the lee store erected This deceased would not do and Add to Stam (Chinese)
Superannuation Fund $13.184.50 thereon, and four lines of married the second prisoner was heard to Add to General Reserve $ 25.000 quarters for farm workers at Por-say he would get it back if he
julam,
could." To carry forward $ 74,095.95
A total of $279,332,07 was ex-
On January 29, Khan left the $388.853.45pended on ice plant and machin-1 island on anti-piracy duty, return
kry. This included cold storageing about a fortnight later, and
the пот trust this allocation of the machinery for
wing was during his absence that the amount now available for distribu-$110,400, lee tank modernization bet was made.
$60,000 and $48.000 for new dairy tlon meets with your approval
machinery.
I
Like other concerns dealing, in and handling foodstuffs we found
|
ם!
the
Witness: Yes.
A man wielding a weapon like that it would be consistent with his seeing red, losing all control of himself and suffering from, nervous tension?-It is possible.
Following evidence given by Lall Khan, P.C. B56, the witness was
MI cross-examined by closely Fitzroy. Witness had
About 8 pm. on February 16, a
said guard, No. 26, who was on duty. In passing. I should like to call heard the alarm bell a marked increase in demand con- attention to the fact that our cold examination room being sounded.
facilities are now the sequent upon the Sino-Japanese storare
conflict and the indux of refugees largest in the Far East, comprising In August last.
that when he got to the guards' quar- ters deceased had jold him, he had been assaulted by the two accused with his own stick,
Mr. She: I put it to you that second accused rang the alarm bell on your order.
Witness: No.
"I HAVE BEEN KILLED" $50,000 cubic feet at East Point, The deceased was found lying on Stores, his bed and the two accused were The turnover for the year const1-19,000 at Central Cold tutes a record in the Company's Connaught Road, and 33,000 at sitting on their respective beds.
The first words spoken were by history, but unfortunately the pro- Canton Road, Kowloon, making a
deceased: "I have been killed. My Mr. W. H. Balley. Officer-in- fits made were not commensurate total of 702,000 cubic feat.
Reference to the question of two legs are broken and I am in-charge of the Gunpowder Depot at with the volume of business done.
new Dairy premises was made Jured in the side."
Green Island, said Zaman admitted i SUPPLIES CURTAILED
from the Chair last year. I Indicating the two accused, de- i twice in English that he had "done As you are aware this Colony. am pleased to report that ceased sald: These two villagers | 211." particularly the Chinese com-the conversion of 0
suitable have killed me."
Following evidence by Sergeant munity, depends to a very large building at East Foint Is pro- Deceased was bleeding profusely White, Sergeant Brooks “and In- extent upon. Canton and neigh-ceeding 30ace, and We hope trom the lower part of his body. spector 8. shepherd of the Water bouring Coast Pors for the greater shurtly to move into a modernized The accused were examined at; Police Station, the hearing was ad- part of its foodstuffs. The inter-Dairy, complete with all the latest the Kowloon Hospital and scratches journed til today. Fuptlan to communications cur-and most up-to-date plant and talled supplies, with the result that machinery, for economically and prices scared to very high levels. effetently handling all car milk,
Whlist we were able to re-coup products and ice cream. ourselves by raising the prices of During the year two shipments the various commodities for re- of cattle were imported from salo, we had to shoulder a very Canada. accounting for the expen-Stevenson, who, as you are aware. heavy increase in the cost of milk diture of 861.464.81 under Cattle leaves on retirement at the end production
Account. Since the closing of the of this month. Mr. Stevenson ha
served this Company loyally for 35. books, three further shipments Feeding coats reached a new high
years. have teen received. two from level, and the position was secen Canada, and one from Scotland. tuated by a 50 per cent. rise in the
cause. The costs of pasteurization, and the improved hood and seal capping system adopted last year have also materially added to the milk cost.
excellent health.
Stocks at 2831,290.61 are at ад
trust has your full approval. I wish also to make special. re- ference to our.. Manager, Mr.
DETECTIVE STILL MISSING
MANSLAUGHTER CHARGE
was
During that long period of ser-
Chan Chun, detective attached to price of rice straw, the only locally At the end of the year your her vice, Mr. Stevenson has seen the shamshuipo Police Station, against numbered 1,170 which is a record. Company grow into the large and
whom a trial for alleged man- grown foodstuff, due to damage to
It is a. pleasure to report that important concern it is today, and
slaughter is pending, is missing. the rice crop caused by the Sep-
It must be a source of proud satis- the herd is being maintained as tember typhoon. Our own grass
This was revealed at the Criminal Sessions yesterday, when the Chief crop also suffered from the same 100 per cent. T. B. free and is in faction for him to know that this achievement has been largely due
Justice, Sir Atholl MacGregor, dts- to his careful managership.
missed the juror waiting to be unusually high gure, but is a I am sure Shareholders desire empanelled. reflection of the increased de- me to take this opportunity of
Chan, it will be recalled, mand, This condition is also re-extending to himself, as well as to charged following the death of flected in the Accounts Payable Mrs. Stevenson, their very best Chan Bun, a suspect detained for Fortunately the demand for milk and Accounts Receivable.
wishes for a pleasant voyage home questioning at Shamshulpo station. also took a, strong upward curve.
The sum of $16.050.82 has been and many years of happy retire-and it was alleged that the detec- The question of Increasing the
utilized from Fire and Typhoon | ment.
tive had caused the man's death price of milk is one that has en- Reserve to meet the cost of repairs "gaged the serious consideration of to buildings, damaged in the Sep-propose that the Report and Ac-
With these remarks, I beg to by beating him.
It will also be recalled that he your Board from time to
counts as presented be adopted turned up late on the second day during the jast four от Ave
his OWNL trial at the last months, but the fact that it is It is not considered necessary to and passed, and after this pro-of
add to this reserve,
which in posal has been seconded, I shall Bessions, when his ball was es- such a vital food has deterred
cidentally has remained intact be pleased to answer to the best treated and a warrant issued for them from taking this step, The
arrest. Alincst Immediately last occasion a rise was considered since 1924 and with the above de- of my ability any questions which his
after he appeared, was arrested, necessary was in 1931, when the duction, now stands at the figure may be put. of $103.949.18.
Mr. Murdoch seconded and the and was again released on bail. price was increased from 15 cents
Report and Accounts were ap- to 10 cents per bottle. We are
proved. hopeful that the increased support
......
time tember typhoon.
TRIBUTE TO STAFF Before closing my remarks, I
1:
SIR PERCY NOBLE RETURNS
Els Excellency the Commander-
On the motion of Mr. Fullerton we are now receiving, which en- would take this opportunity of seconded by Mr. McFerran, the ables us to sell the whole of our complimenting the Staff on the re-election of the Hon. Mr. John- output, will continue. so that, any way they have coped with the son and Mr. Landale was approved. in-Chief of the China Station, question of price revision will be extra and arduous duties exTM On the motion of Mr. Wylle | Vice-Admiral Bir Percy Noble, re- perienced in the year under re- seconded Mr. Chan, Messrs. Percy turned from his short visit to ¡ view
Smith, Beth and Fleming were re-Canton yesterday evening by the
Tarantula. You will have seen that we have Provision for a ve per cent. elected auditors recently advertised reconstituted bonus to the Staff has been made This concluded the business o Bir Percy had gone up river on milk, but as we went into produc- in the Working Account, which the meeting.
weifneslný to visit the Gmboats.
unnecessary
RECONSTITUTED MILK
FRIDAY, MARCH 25, 1938.-PAGE 7
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