►
THE HONGKONG TELEGRAPH, MONDAY, APRIL
NEW PIER LEASES FOR KOWLOON GODOWNS
Company's Annual Meeting
Addressing the annual meeting of the Hongkong and Kowloon wharf and Godown Company Limited, held in the board room of Messrs Jardine, Matheson this morning, the Hon. D. F. Landale (Chairman) disclosed that new pier leases are to be granted.
"Pier rentals are to be increased," he said, "but your Directors consider the terms in general to be satisfactory, and in conformity with the general policy of the Port."
The Chairman also stated which was outlined to you at that during the past year the the Annual General Meeting in Company handled 754 vessels, November, 1948. discharging 633,415 tons of car-
In the
held it was announced Press that there would be no payment of compensation for Hongkong The second phase of the pro- War Losses by the
con-Government; there is at pre- co. as compared with 415 ver-gramme has been under
Indication tonsideration
Board for sent
to ៧ by your sels discharging 646,000 during 1947.
any reparations will some time, and tentative plans whether
forthcoming, and your have been drawn up, which in-be clude provision for modernising Board have therefore decided t our No. 1 wharf. Although we set off our War Losses Account have every reason to be satisfied against Reserves. The with the extent of our rehabill-will not be eliminated from our tation to tinte, much remains to Balance Sheet, however, but. will be The subject of further be done before the effects of the Wil war years are finally made good, consideration in the light of any development of this I feel therefore that the overall and I am sure shareholders will future increase on the previous year's agree that a policy of progres-
be Agures
considered sive development is desirable. can
PIER LEASES satisfactory, and 13 reflected in the figures now before you,
The proft on the year's work Ing was $2,500,153.00,
In his speech, Mr Landale said:
During Uie last quarter of the we felt the effects of the year
West maritime strike Const of the United States, and
on the
|
vexed problem,
Agure
The General Reserve has been Increased by Share Premia re- ceived during 1948 amounting to You will doubtless remember $1,090,500,00, transfer from The principal feature of the that the leases of all our plers General Contingencies Account
was the acute year, however, congestion in godown space, re-expire at the end of this year. of $245.208.00 and transfer from
Damages and we have been informed that War"
Provision of sulting in our
capacity being an
new leases will be granted under $520,173.00, and after writing off fully taxed throughout. In ****
ent War Losses the terms of the announcement
now stands 91 order to meet this situation
made in the Press on August, $3,750,000. tons additional 27. Pier rentals are to be in- total of 45,000
Contingencies General godown space has been built.
creased, but your Directors con- Account was set up to provide during
the year, and space sider the terms In general to for occupation period interest be satisfactory and in conformi-on Blocked Bank Account; on Dy importing pre-fubricated by with the general policy of the lifting of the Moratorium n godowns and
and constructing others
satisfactory settlement of this of local materials we were able
was reached company's coolic quarters in
for about 20,000 tons leased,
our
ከድ
"The
the Port.
year, dence
Another introduction duringį the year was the installation of
The
explanatory.
and a
for Pro-
$9M CAPITAL
1940.
SIDE GLANCES By Galbraith Bulgarian
3
2-23-
COFEL 1948 BY MEA BOVICK, Me, T. K. REC. U. B. PAT, COFF
"I'm supposed to be a slave-drivor, Mrs. Smith, but you get more work out of John than I can!"
Allied Sovereignty
Established German Statute
By
over
supreme
Berlin, Apr. 10.-The Occupation, Statute agreed by the three Western Foreign Ministers clearly the joint in Washington establishes and there is ample evi-perty. The only Frovision which
Powers sovereignty of the three Allied Western Germany in international law for the first time.
the In speaking of "exercise of authority", which is retained by these Powers. the Statute draws the formal conclusion from the collapse of four-Power sovereignty establish. Potsdam Agreement, inoperative ed by the
the Allied Control since the dissolution of Council in Berlin a year ago. The Allied High Commission established by the three- Power agreement, becomes the body for
n siaff canteen at Kowloon Point, j The balance of payments in which has proved very success-respect of the
1947 New Issue ful and popular,
been received in Sharea have
capital full. and the issued
fact had in houses
Бесл
ably with anywhere else in the scheduled for demolition before of our Cash Balance, The bulk i execution of Western control,
L
to keep pace with the influx of in Canton Road, which suffered surplus remained, which has cargoes, and although this type in common with the rest of the been transferred as stated. This of construction
19 hat in
keeping
of property from neglect during account is now closed, ns niso general type with
red the occupation, have been cam- is the Provision for Rehabili bullding 1+
considered was
of War Damaged Pro- espletely rehabilitated during the tation essential to provide the neces
accommodation sary
that our permanent remains live is that quickly as possible. I am gladiabour force appreciate the profits Tax.
and as set out to say that n a result of this
vision that has been made for think that this account is self policy no ship's discharge has
their housing. been delayed and no cargo has had to be diverted elsewhere.
Although in Increase in operating costs developed dur- ing the year we were able to maintain our charges at the rates
Towards the end of the year Introduced at the end of 1940, we were successful in our efforts and as the speed of ships dis-
to resume control of our house stands at $0,000,000.
You will note that our cash charge has also been maintained
property in Haiphong Road, at a higher rate than that of
when eviction orders against the position of December 31, 1948, our commit-
need for external assistance to most other poris, the overall
unauthorised squatters in these was strong, but cost of ships' working in Hong-houses became effective: These ments at that date as shown in
Legally this clause is sufli- the second note on the Balance
Germany. kong still compares very favour-
ciently Sheet accounted for 75 percent
the elastle to allow
world.
are in
The joint sovereignty is only Allies to interfere with almost these commitments It is also a matter of record
respect of our new No. 4 Wharf, limited under the that the incidence of pilferage
the freedom granted to the Ger- an administration-the In the Proft and Loss An-
the Ger- and cargo thefts in the port con-
you will man Federal Government, which kind of, intervention
mahs hoped to see reduced by propriation Account, tinues to be extremely low.
Your Directions have there-see that the balance available is. removable under Clause three
for appropriation is $3,223,195.full control in an emergency.
entitling the Allies to resume the Occupation Statute.
However, It gives a general fore decided to implement
assurance that these powers scheme drawn up in 1940 for the 44, and your Directors recom-
One consequence of Allled will not be used to disapprove housing of cur Chinese staff, and mend that this be disposed of
sovereignty is that the Statute legislation unless it directly op- to construct a block of modern as follows:-
ог сол- for 1. Provide fats on this site which will nc-
Taxation
$ 178,800.00 makes no provision for the long-poses Allled orders
threat to the commodate members of the staff
debated judicial arbitration be-stitutes "a grave Add to General
tween the Allies and the Ger- basic purposes of the occupa- and their families to the number 2.
Reserve
Hop". Reuter. of about 600 people,
Although the cost of en- 3. Pay a Dividend at the same rate struction is of course very much
nt last year, i.c. of higher today than when the
$12.00 per Share, plan was first mooted, we have
less Tax
forwardi to next Account 572,967.06 SECONDER'S SPEECH--.. Seconding the adoption of the statement of ac- report and
Chau the on T. N. counts.
:
Our launch and lighter feel has been well employed during the year, the overall dolly average of employment being 74% of the feet. Six lighters have been added to the feet, but tour craft which had passed the stage of economical repair have been disposed of and the strength of the fleet now stands at eight launches and 72 lighters, ngaisal our pre-war figures nine and 120 respectively.
the outbreak of hostilities, and the intervening years have not of improved their condition,
NEW FLATS
П
All craft have been maintain- decided that the conditions un- ed. in first class condition, and der which
the facilities afforded for rapid Staff
our
of so many have been living ever
and-eficient transhipments are since the re-occupation make it being Increasingly appreciated essen
essential to proceedi
plan whieli, have man
not provide for
with this! by our constituents. A large al
It will for the number of our Highlers
whole of been Otted with re B-hting equipment for the carriage laff, will at least alleviate
dangerous cargo, and the latest addition to the feet is specially
constructed for this purpose.; The Introduction of this craft will considerably reduce the
4. Carry
Cour
630,530.08
1,831,700.70
he con-
re-
inars.
Protest To UN, Britain
Bolia. Apr. 10,The Ent- Curlan Government today publishe the text of three noies bearing on the recent trial of 15 Protestant pastors in Bulgaria.
One protested to the United Nations against the proposed United Nations discussion of the trial.
The other two were addressed to Britain, These rejected Bri- ipin's note of March 12 protest- ing that the trial infringed civil liberties, and replied to the Bri- 1ish protest last month against the expulsion of Mr Denis Greenhill, First Secretary to the British Legation in Sofia.
Mr Greenhill was declared persona non grata by the Bul- karian Government is a result of evidence given at the pastors' trini.
This note, quoted by the Bui- garian news agency, expressed surprise at the British sugges- tion that a' member of the ful- garlan Legation in London might be expelled in reprisal.
Declaring that
Bulgaria's decision in expelling Mr Green- hill was based on "undeniablo facts," tho note
that sald similar action
against the Bulgarian Legation
in London would be an "arbitrary net hostile to the Bulgarian Re- public."."
The
to the United protest Nalons Secretary General, Mr. Trygve Lie, sald that the pas- tom* trial,
that with
of Cardinal Mindszenty, formed n pretext for the proposed placing on the United Nations agenda "so-called restriction of religious and other Überlies" In Bulgaria and Hungary,
of
the
concerned, "a
This proposal Durely internal question, and was based on partisan lying information, the note declared,
according
to
the Bulgarlan news agency. It accused the countries concerned of pro- fiting by the fact that the Security
Council had not yet admitted Bulgaria to member- ship of the United Nations.
The third Bulgarion note complained of the inadmissible tone "of the British protest against the pastors trial, and said that the facts disclosed at the trial were "indisput- able"-Reuter.
Explosion
Statute by any act of ecosomic legislation Wrecks Church
Instead, clause eight estab-
very
lishes a legni presumption that Miss Orient
the
y Allied action is justified by
powers
relained by the Allies it can be shown to be based on an Inter-Allied agree- ment..
The increase in the range of: German self-government" nevertheless considerable.
Findings
(Continued from Page 1)
passengers
cost of handling small quantities: In our 'C' Godown in Augustulated on the excellent legally valid, but will be auto-Jucke's which were no slowed as to
of this type of cargo.
have
The
nzici
I
am glad to
(Continued from Pazo 1,)'
wreckage to free those caught under the roof until aid was organised.
The injured were stretched out in front of the Church untu ambulances arrived. Dr Henry Berreth said he pulled out three dead, including
woman, who expired as he was lifting her into the truck to be taken to: hospital.
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WALLACE BEERY JANE POWELL ELIZABETH TAYLOR „CARMEN MIRANDA, XAVIER CUGAT : ROBERT STACK
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SHOWING TO-DAY: 2.30—5.20—7.30 & 9.30 P.M.
A Vory Interesting Chinesa Film in Mandarin Dialoguo With Famous Film Stars in the Cast
LI LI HUA
NEXT CHANGE AT THE
LIU CHEUNG
BROKEN DREAMS
LEE THEATRE
ENTIRELY NEW COPYI
Death Of Well-Known
Bowls Player
The death occurred at the
dangerous goods ga:downs, **[inquiries found that no blame tribution to the high reputation lead to intervention no longer of falling to render all possible rushed with aides to the scene | War Memorial Hospital yester-
year,
I take this
and to
the
of Mr
Father Joseph Zimmermann was putting on -his vestments parishioners were hurrying from the clear sunlight of Palm Sunday Into the dim church when the blast occurred.
Postmaster W. W. Brady sald he was allting in the front pew is escape
for provisions would have been proved inadequate and the "place blew up" just in more normal circumstances. The as the altar boys it matches.
were and crew
It was believed that the boys, the situation to a considerable said: "I am sure we have all Apart from constitutional Master, Ulicers
Kiven no time in which to employ Robby Lounsbery, 10, and Ken- extent. I am sure shareholders listened with great interest to changes, German legislation and
the life saving appliances un büard will
this decision.
conclsu Chairman's very
13, were among approve
and the palsenters neth Wagner, agreements to advantage, Cist even international
of the Kuu. The past year was marred by review of the year's activities, will no longer
the injured. require indivisive, because
PADRE INJURED the unfortunate outbreak of fire and I feel that our Board and dual Allied approval to become denners of the disaster, did not even have time to obtain their ille- Management are 10
Brady and his wife were in- which spolied company's
ntically effective uniess vetoed be immediately available. The Court unbroken record of 50 years sults of the year's, working now within 21 days.
Judges that, in all the circumstances, jured and taken to a Mitchell da blame can be attached to hospital. Father Zimmermaan without
ww Zuarter, Ünlcers atzes crew. conflagration. The presented, and the foresight and MORE STORAGE SPACE
suffered a leg injury and pos- which they have
"RESERVED FIELDS"
ONLY COMPETENT JUDGES sibic broken ribs and was taken energy with Wo
hiso provided loss of two lives and of so much
cargo caused grave tackled the various problems.
Some evidence was led in Court to a Parish house nearby. additional fuelties for storage valuable
Board your
The list of "reserved Belds" relating to the conduct of three The Red Cross set up relief of, dangerous goods during the concern to
It is gratifying to note that
the Allies reialn a Vesser which were following tho Management, but
and
Bishop thr, and an extension to our the subsequent officiat as a result, our company's con- in which
special interest and which may which art allegation has been made William Brady of Sioux Falls
Miza Orient down river, and galat headquarters at: say Ynumati is now under
which the Part of Hongkong 2011-
"aftached to the Company.
Do'clock mass day mainIncludes democratisation or desistance, It is difficult to conument has been well struction.
Leslle Griffin on the action of these vessels, but to help. The opportunity of enjoys
de-Nazi-
Sunday service Coombes, Senior was the only the Coust considers that the Masters
Foreman of Our general rehabilitation ས
of our pro-Beation is regarded as conclud-
of the slips in the weather condi- in the church. proceeded publicly expressing our thanks ained, while at the same time Nuzification, hecause
rehabilitation has
Stores, Kowloon Naval Yard, at programine
the time, to the members of our staff who imetics as progressed satisfaced and democratisation must, tions prevailing at
Marion is a lown of 775 the age of 44. steadily throughout the
narrow waters, where degree of willr Bealt so promptly and extensive maintenance rental outbreak,
after the approval of a demo- the
the cause population, about 35 miles from torily. the
cratic constitution, normally be uncertainty concerning
and nature of the accident existed, Sioux Falis. Investigators said Mr Coombes was a well- pairs have been carried out longkong Fire Brigade und The Directors polley of pre- throughout our properties, The Military Fire Brigade for their Igressive developineni cannot but left to the ordinary processes of and withnit actual knowledge of they had determined that there known lawn bowls player and
German self-government,
the obstruction which had possibly
was a lenk in the butane heat- | had served on the Committee of fairway by the occurred in the prompt and efficient services, meet with the approbation of
bulk of the Ms Orient, were use Ing furnace and that there was the Kowloon Bowling Green and thu very which resulted in confining the shareholders.
The German Government is only competent judges of a correct
ans all through the building. | Club.
អ fire to a comparatively small cound position of the company also given the right to ask for course of action, in relation to their
for the snicly of They said, "Anything could area. The two godowns destroyed indicated in the Accounts show's repeal, of Allied inws no longer repetibles In Use fire have been replaced clearly that while pursuing this covered by the list of reserved their vessels. passengers and crew
The Court desires to recordent of the excellent by one new building.
commendation policy they have been guided flelds. Our mechanical handling
"ROUND-THE-CLOCK" t all times br the best tradi-
The most serious limitation of work performed by Okers of the Chinese Maritime Customs in equipment has been increased
tons of company management. German self-government
for Canton WORKING
Abbott, led by Mr 11. by the arrival of two new elec-
I would also like to adorse
Preventative Surveyor. trle gantry cranes and two fur-
lation every-day purposes is contained Chief
were instrumentat the Chairman's commendation
in clause 2-1 which reserves These Officers
rescuing the passengers and crew ther mobile cranes. The Whart counts, I would like unce agair of our staff, and I am very
10 the Allies contro over of the "Miss Orient" and in carry- Praya is now fully served with to express our appreciation of
them to safely by the early battery of six electric gantry the work of our staff through- pleased to hear of the continued Internal action where necessary ing
efforts that are being made to to ensure the
use of forenoon of the 25th. The Court best cranes, lifting up to 15 tons, out the year. We have revived
conditions under improve, the the pre-war which they work and live. the year The equipment in our limber during
funds, food and other supplies also records the valuable technical evidence given by Messrs. Sprague minimum tho and
proved of working
No reduce to a
Collings, which ships
forming yard at Yaumhail has also been practice
There is one item in the Proj
material Distance in
martors. supplemented, and with
technical the "round the clock" when neces-
to which
сп Judgment transfer There of the 15-ton cary; this bas only been posti- & Loss Account
would like to refer; that is the
which might otherwise have been steam crane, at present assist-ble through the efforts of nil
by Mr J. H. Seth, Finally, the Court wlaties to ex- ing in the construction of No. members of the staff, who have sum of $10,000.00 as Directors' pasal
fees. 'I consider that this re- seconded
of Mr is most sincere symphy to cheerfully met all calls made 4 Wharf, the facilities in this
the relatives of those with lost muneration in entirely inade- while on the proposal overcome on them and yard will be back to pre-war
quate for the care and attention A. N. Mackenzie, seconded by their lives in this dianster. level.
dimculties incidental to the con- which is devoted to the interests F. J. Horman-Fisher, Mr N. O. We were also able during the gestion
was re-elected' a of Rodown space to machinery for which I referred in my open-of the company by our Board. C. Marsh year to secure
On enquiry I learn that this Director. the company's
On repair shop,ing remarks. 1 am sure shore-
the proposal of Mr J. them-sum is Axed by our Articles of
seconded by Mojor will associate which was looted by the holders
Association, and that in fact this Moodle, with the Board
Messrs Peat- Japanese, and this very, useful selves
figure has remained unchanged C. W. L. Way, adjunct is once again in full thanking them for the results since 1889. It is obvious that a Marwick, Mitchell and Company Apr. 10. Mr Robert Copping; srediner (Piano) and the Phil-
substantial increase in
.I
that suggest
and
sprinkler
fire services system at Kowloon Point inve been thoroughly overhauled, and new equipment is on order 1 complete the installations which were unfinished in 1941.
On
Before turning to the Ac-
necessary
RE-ELECTIONS.
of
Mr C Ingledew, obscure.
COPPING TO APPEAL
Eccleshall,
old 20-year
of
(Staffordshire,)
headmaster
have touched 1 of." The He was due to leave long- heating plant had been turned kong in the Dunern next week on to drive off the morning on transfer to Portland Dock- He was a keen chill in the church., Brady said yard, England. that no one in the church ap- Mason and was a member of peared to notice the presence of Lodge Naval and Military 348,
Mark and Chapter. the gas-United Press.
Radio Hongkong
HIT.
d. Programme Summary: 0.03, "It's Orchestral Time 6.30, Swing Favourites; 7, Hospital Request fall Joan Austen Hour Presented by 18tudio); 7.30, Portuguesa Half Hour and World Nows (Studio): 8,
(London relay)! News Analysis
He is survived by his widow and two children, Pamela and David.
The funeral will take place at Hoppy Valley tomorrow, the cortege arriving at the main gate nt 3 p..
81. Film Review by Linda Cales OUTWARD MAILS
to
An outward surface mali United Kingdom vla Porte par Mя Canton will be closed on Friday April 18, as follows:
Oro Itongkang Parcals April 14, p.m.; Registered, April 15,
a.m. Ordinary 0.30 a.m.
(Studio); 0.30, "I like what I like Presented by WA.. Ankerson (Studio); from the Editorial (London Ilalay) 9.19, "Concerto": Concerto No. 2 in C minor, Op. 55 (Mediner) played by Nicolas; harmonte Orch. under Issy Do brawen; 958, Light Orchestral Selec 2008; 10, "Tha Fight Against Cholera A Feature programme by the Writer Well-known for her Treatment of Medles and Betenting Themes ----Nesta Pin (BBCTS); 1832, Dance Musin with the Marry Macs
1010. A Guest Artieles: 11, Radia Weather Report and Close down. News Reel tLondon Helay); 11.15,
the
Brushwood Blaze
achieved.
his partner, this and Mesars Percy Smith & Cofforsley Holl, und operation.
General maintenance upkeep
overdue. were re-appointed nuditors at Mr Edward Reynolds, aged 31, Turning to the Accounts, I do figure is very much
the remuneration of $3,000 each. our eight ocean berths at not think anything in the Pro- and
to appeal
against Kowloon has been corried on fit and. Less. Account calls for Board Lake whatever steps Present at the meeting were: plan throughout the year, and con- special comment. Depreciation
to amend the Hon D. F. Landele (Chair decision of the magistrate that struction of the new . No. 4 charges have increased, but this the relative Article and Inercase man), the Hon Sir Man-kam Lo, they are unfit persona to have
Messrs
H. D. Benham, E. I charge of a school and that they Wharf is proceeding very antis-is due to the Increased value this figure.
Hill, Horace Kadoorie, N. O. C. wers keeping their 22 boy and factorily. It is hoped that this of our Assets consequent on the
in л détrimental Mursh, A. H. Penn and T. B girl pupils Whart will be in full operation reconstruction and development
Wilson (Directors), Mr C. E. environment. I have already re- before the end of this your. The to which
Mr
"Many of the parents The confirmation of the ap- Terry (General Manager); told us that they will new coastal whort West ferred, and on which expendi
nt
Paris, Apr. 10. Boventy of Mr Horace G. B. S. Thomson (Secretary) Point, with its added facilities ture during the year amounted pointment
passenger and
Kadoorie in succession to Mr and the following shareholders. Aghung fund to keep the school acres of timber and brushwood baggage to $2,201,201.00.
There are several changes in I. Kaloorie, as a Director was the Hon T. N. Chau, Major going if they can," Mr Copping were destroyed today by fire in the Forest of Senart, about 30 the Balance Sheet com- proposed by Mr W. Hyde, C. W. L, Way, Messrs W. Hyde, said today.
They read of the case and infica south-east of Paris, About by Mr The completion of No. 4pared with that presented at seconded
Wong Bik-Wong Sik-kuen, A. N. Macken- You will kuen.
zie, C. Ingledew, F. J. Horman-have written to me to my that 200 acres in the same forest Wharf will mark the end of the the Inst meeting.
ravaged by Are lost first phase of our, reconstrution doubtless recollect that on the Mr H. D. Benham was re-; Fisher, J. Moodle, J, H. Beththey are still behind us."-Reu-were
month.---Neuter. and development programme, day on which that meeting, was elected a Director on the pro-and A. Mular..
for
handling, has been in full opera-
tion for some time,
ter.
us
have start a
aro Kowloon Parcels, April p.m.; Registered, April 15, 8.30 .m.; Ordinary, R.
16,
This mall is expected to arrive at London on or about May 15,
With effect from April 1, the. postage for local letters and Postcards will be increased as follow-ongkong, Kowloon and the New Territories, 10 cents for each of, or part of an ounce. (letter)) 5 cents each (postcards). Unless otherwise stated, rem glatered articles and parcel porta close 20 minutes_Cartier than the ordinary mail. I matis close betore, 18% ama registarám and parcel posts close KUI 5.00" on the previous day, Malls are closed at Kowloon" Central Post
Movie MONTEZ Jon HALL Than BEY ALI BABA
AND THE
FORTY THIEVES
TECHNICOLOR
ANDY DEVINE. FORTUNIO BONANOVA FRANK PUGLIA BAMSAY AHES HORONI OLSEN KURT KATCH
LIBERTY
Final 4 Shows To-day. A 2.30, 5.15, 7.30 & 5.30 p.m.
SMASH!
SMASH!!!
TERESA
SMASHI
ROBERT
WRIGHT MITCHUM
PURSUED
TO-MORROW
Esther WILLIAMS in "ON AN ISLAND WITH YOU" M-G-M Picturo
`In Glorious Tóchnicolor
-Offee half an hour earlier than
the Gro closing times. *
MONDAY, APRIL. 11 Closing Tumis by Air Shaighal, Nanking, Tsingtao. Kunming, Lluchow, Swalow, Amoy and Taipeh 3.30 p.m.
Bangkok, Karachi,
Rod
Rangoon, Calcutta. Bahrein. Alexandria (Nairobi, Mumbai, Doc-na-Salaam. Mauritium. Johannesburg Marseilles. Via Alexandria Home and London (Kowloon CPO). 4.30 p.m.; (CPO)'8_7.12.
Clening Times By Bea Sandakan 3 p.m. Straits and Parcels only for Marseilles a
Amoy and Poochew.3 p.m. Shanghai and Japan 2 p.m. Malhow, Pukhoi via Balhow and Bangkok '3 pm.
Tamkong (via Canton) 8 p.m.
Page 5Page 6