1948-03-19 — Page 12

BUREN

THE FERFECT

SWISS WATON

H.K. Electrics Annual Meeting

CHINA MAIL

No Reductions Yet In

Electricity Rates

Over Five Million

Dollars Profit

"Until the new plant is installed and unless coal costs are reduced, there appears to be little chance of a further reduction in electricity rates in the immediate future," said Mr. N. Ó. C. Marsh addressing shareholders at the an- nual general meeting of the Hong Kong Elec- tric Co. Ltd. yesterday.

Mr. Marsh added that consumers had had the benefit of no less than five reductions in rates since Sept. 1946.

No Korean Interport

Korean The merch between the Interport Team and Hong Kong has been cancelled due to difficulties in nbtaining exh visas from Korea for the Korean players.

It is hoped that the Koreans will sex! he alle in, visit Hong Kong

year.

To counteract this it has been sug- gested shat an All-Hong Kong Y. The Rest match should be played Instead.

The talent

at the disposal

[

Opening the meeting the f "I would like to pay tribute | selectors 3« surh that the respective the Company to the Department of Supplies, teams will be very evenly matched.

their

chairman said hud mude a net profit for the Trade & Industry for year of $5,589,169,19, and that ready co-operation and assist- after deducting the interinuance in arranging coal supplies dividend of $1.70 per share less 10 tax already paid to share holders theer remained a bal

Ance

available for appropria tion of 83,340.727.35.

|--despite difficult

conditionn

they succeeded in providing an adequate supply of fuel.

"During the year it In ex-

wo

for

first

Amateur Boxing

Under the auspices of South China

Pix bouts

The

HONG KONG, FRIDAY, MARCH 19, 1948.

America

Scientific Instruments:

Microscopes, Theodolites

ASIA PHOTO SUPPLY

10. Ice House Bt.

MARSMAN'S FRUSTRATED BY

Intervenes THE COURSE OF EVENTS

Belle, Mar. 17. The United States has Intervened in the territor- lat dispute between Gunte- inala and the United King- dom over British Honduras, It was reparted authorits- tirely here today.

The United States Am- bassador to Guatemala, on Instructions from Washing- ten, is understood to have .nought and to have re- celved Guatemalan For- eign Office amurances that there will be no aggrESSİVD action against the colony!

On that

banis, it WES Bald, the cruiser Sheffield Was withdrawn-Houler.

Parity In Teachers' Pay In Malaya

Lomilon, Mar. 17.

and

AP-

CBS WIN

FOR THE

LAST TIME

"The events of the last ten years have frustrated our plans for carrying out the programme in connection with mining and engineering pro- jects in China," said Mr. J. H. Marsman, who presided at the sixth ordinary general meeting of Messrs. Marsman (Hong Kong, China) Limited yesterday. :

Badminton

Recreio. "A" best University “A”

Chung Wah beat. St. Teresa's "B" Sing To received a walkover from

Results of the Men'e': Doublés · lengur matches played on Monday

Chinese Sanitary Inspectors, Jost,th the | 81. Terese's “A”-3-61, NDË Directors present were Messrs, legal basis upon which J.H. Markman (Chairman), question of investors' rights in

ultimately 6-3 Tators, that territory may T.B. Wilson. N.D. ER. HI and W. Rawitz. be decided appeared to us sufil-

Mr. Marsman said: "The clent reason to write down our 9-0.

of Investments in these properties.R.C.. result, the loss year's

at this time to a nominal figure. 18,133, is disappointing.

The match between University FAS "Your Company was primar-This action does not imply any and Kowloon Tong was postponed.

your Com.

Results fly organized to carry out min- renouncement

share in any reparation which | day

may be able to this company obtain at some future date from the competent authorities.

China

ол

of the Men's' - Doubles

The Central British School won the Governor's Shield at the inter-school sports, yester- day-for the fast time, accord- ing to His Excellency, He an- nounced this after the presen-ing and engineering projects in pany's part of our proportionate league matches played on Wednes tation of the trophies, but re-, fused to divulge his reasons for making this statement, beyond the fact that these would be made known shortly.

This gave rise to considerable speculation, one suggestion being that the name of the school might be changed, and another that with the introduction of a Municipal Council there The rome radical changes in the

school playing-field position,

St. Mary's lost to Sing Tao 7. Kowloon Tong lost to K.C.C. "A"

Pallee lost to St. Teresa's "A"-62 V.R.C. beat St. John's 7-2. Recreio "A" beat Kowloon Dodg 5-6 =

The K.C.C. "8" team bei with

Men's Doubles drawn from the

China. The events of the last ten years have frustrated the this pro carrying out. of xramme. We therefore concen- on Hong trated our efforts Kong and the results of the

"Present conditions in China years preceding the Pacific do not warrant the re-opening War, In spite of abnormal con- of our Mining and Consulting Department. Neither have, wo ditions, were encouraging. might The post-war period offered resumed our operations on the immediate opportunity in Needle Hill Property. Under an

The past merchandising.

ex- the prevailing conditions we doing results, and we are hopeful perience and connections of not feel justified in making a The heavy drizzle which fell

fore long. Our associates In equipment Mr. Frederick Skinnard. Labour, shortly after a p.m. did not dam- your Company were limited to capital investment in a mine of obtaining large contracts be pected that the company's Ice Athletic Association and Lee's Gym-

pen the enthusiasm of the hund- certain special lines. Prior to whose plant and

our disposal heavy construction Mr. Marah continued: "We House Street property will be pasium an Amateur Boxing Contest asked in the Commone whether in

the war your Con pany conduct- were completely destroyed dur Manifa are prepared to patrat with the report of the reds of school children and com-

Cen-o a sizeable business in metal ing the Japanese occupation. out between Hong Kong and Canton connection

Salzeles Commission, the petitors at Caroline Hill. are still without any infurma-developed to provide an

"Marsman Metal & Trading equipment, their technical ex the pro-boxers will be beld at the South | Trusted tion regarding Reparations and door substation

crnor's Shield and La Salle the these commodities was restrict Co., Ltd. of London in which parts and skilled operators `në although your directors have in posed 22,000 volt main feedere China Athletic Association's Basket Covernment of Malays would apply frat British School won the Gov- trading. Post-war trading in

ball Ground on Sunday at 7 pm. the principle of parity of pay mind the guidation of war from North Point to the City: There will be nine bouts, of which status as hetween teachers of equal Junior Trophy.

ed. Nevertheless, the results of your Company holds a majority will be required in major pubija whether wit will be

recruited will also be losses it is felt that until we Accommodation

against Canton

Qualificatione,

Competition was keen and beaur efforts have been gratify intorest, shows a profit for its utility projects and large scale locally or in Great Britain.

"The Trading Department la have some knowledge of what provided for the meter Depart boxers,

Mr. Creech Jones replied: "Yes fore the last event-the Medley ing as reflected in the Profit and financial year ended Aug. 31, building operations..

was won by Loss Account which ahows 1947 of £2,319. Although trad- may be expected in the way of ment and the Central Main

Kwok Chain of S.C.AA., Mr. War Losses | fice.

will present the prizes sir. The principle of parity of basle Relay race which

ing was limited in the materials maintained in nucleaseYofi, Reparations the

status between officers of Contral British School-there was £11,800 profit.

thin taking cognisance of the AfILIENT. point difference he-

Your Company is technically previously handled by only half Account should stand. Under

"It is with some satisfaction and Mr. II. J. Clarke, Cil. Best, R.N. pay and the heading of provision which that have to mark the will referee the contear under A.B.A. equal qualification, irrespective of

relay and this und materially equipped to un- Company due to world exchange situation in China which kinch or domicile, will be applied tween C.B.S. and La Salle. The as con- loyalty of the workmen during Rules with Lt. (E) A. E. Bryant, achout the Malayan public ser former won the

R.N... appeared last year

Capt. R. W. Cunningham

gave them the shield by 42% dertake heavy engineering con- and export control restrictions, last year has Intensified. Father

struction projects. The past some advance has been made than cleared up.

"Your Directors recently sold tingency reserve from our pre- the labour troubles in the Scots Regt, and S.M.1. Easton, Buffs, vice.

"Expropriation pay, in addition to points to La Salle', 40 points.

year has shown little activity towards opening of new lines

the Company's property in vious allocation of $700,000,we part of the year."

* judges.

After Lady Grantham had pre-in the Colony in this type of of trade. have paid in respect of the

Seconding the motion Mr. Tickets are #vailable in advance basic pay, will be proposed in

His Excel-

"South Chhin Building Mataukok at a favourable, ricer 1947-48 asessment sum of N. v. A. Croucher said: at $5, $$10 and $15 from China Em-propriate caves on the lines of the sented the trophies,

has been parium, ground floor, and S.C.A.A., Trusted report and in

White lency expressed his admiration of construction. In the interim the $300.000 pending final, aRRUMS- "Great progres

with the principles of the

the sportsman like spirit dis. Directors of your Company de- Materials, Ltd. In the beginning. It goes without further diving It has not been possible made towards the rehabilita Caroline Hill. ment.

played. Paper, Colonial No, 197."

He assured the losers cided to enter into rehabilita- of last year your Directors that strict economy and station Air Commadate Harvey, Con-

contributed their tion work on housing. At cepted a proposal to rehabilitate in being exercise, by the pre for the Inland Revenue Depart tin of the existing plant and

that they had London, Mar. 17. of

when building supplies the South China Spuncrete Co., sent management."

Question synter i ment to carry out a full as distribution

Bulgarian Premier Georgt Di-servative, averting that all Chinese share to making the meeting a time

and skilled artianns were still manufacturers of coment pipes' ment und although it is not Company.

mitrov and other enembers of the schools in Kelantan and Trenganny, success,

Mr. N.V.A. Croucher asked Central scarce and well below pre-war and hollow blocks. This com- anticipated that the provisional!

It must be a matter for con- delegation now in Moscow to Malava, were being Communistically.

winning the standards, your Company un-pany has been re-organized un- why UB$14,625 had been paid British Schol 'for payment will be exceeded by

gratulation

consumers sign a treaty of friendship and administered, asked, what the Minis, Arier congratulating

der the name of "South China to a Managing Director, the any large amount your diree generally have had a supply of mutual assistance, were received ter proposed to do in the matter..

Mr. Creech Jones replied: These senior trophy. Sir Alexander said dertook this ungrateful task. the Kremlin on Tuesday

"I regret to state that Our Building Materials, Ltd." to had been absent from duty in tore have decided to leave the current almost without restrict

are subject to Government that this would be the last occa C.BS. would' win provision, until the final figure tion even though the company night by Premier Stalin and V. schools,

M. Molotov, foreign minister. Inspection and recent visits have dission that the

The red its assets and activities con- ing the year. Also for the eight is known.

is still working with pre-war Moscow radio reported. Asso- closed no indication of any political the trophy. It was certain that arst trials in this direction which your Company transfer the Colony for six months dur

next year some other school St. have proved a fallure. Paul's, St. Joseph's or La Salle manager of this Department nected with the production of month period to April 30, 1940, Are shown at

consumereciated Press. plant. Industrial

would win the Shield,

responsible for the above com cement bricks, bearing blocks during which period he was the book value of $2,710,260 are confined to of peak periode

He was not prepared to divulge mitments, has been retired. The and precast produr The now absent for five months, his with a market value at the end but I note that this covers: five of the year of $3,866,569-an hours per day leaving 10 hours

the reason why but every one work has been completed under Company establish Its plant renumeration was US$8,000. appreciation of 42%

for working--these conditions: are a great deal better than those obtaining in. the United!

and many Kingdom - rash-position appears at a high places. I feel sure that stendy figure which is explained by the improvements in manufacturing

that although fact

capital conditions in Britain will en plant has been ordered for able the company to provide, Bone considerable time we have within a reasonable time, the -not-yet-obtained-delivery of any cheap and effelent service en- prime movers. We have on or joyed by our consumers for so der two 15,000 KW. turbines many years." and two boilers of a combined capacity of 210,000 hs. It is not expected that the frat boil-{

"Investments

Assets

"Under the heading of cur- reut nesets your company's

that

our

mimedore

activity."Reuter.

accordance

Home Soccer Notes

(By 'Alcydes')

The results were:-

(5.5.C.) and Chan Kwek Tok a satisfied that the best under valled the facts of your Com (W.Y.K.). Time 12-4/10 secs.

Messrs. J.H. Maraman and N.D. Teters were re-elected

would know it in a few weeks or

a now management and an on a suitable site in Ngau Chi The chairman said that the a month's time

After Lady Grantham had earnest endeavour was made to Wan and has recently started Managing Director, Mr.. B de been, premonted with a souvenir satisfy our clients. It is regret-production. Orders for its pro Vos, who had already retired as by the Captain of La Salle team, table that other Arsenal, who receive Chelsea next Saturday at

the completion of ducts have now been booked for Managing Director of the Highbury, should win their game and increase Bir Alexander and Lady Gran commitments caused the Com-months in advance. The outlook Company, had been in very their lead in a race that-seems-almost won... tham were given three hearty

for the future of this company poor health. He had been In- pany an appreciable loss. To cheers.

the owners of these residences is bright.

tarned during the occupation Preston, who are lying second, will be severe-

I herewith tender my apologies

and the remuneration granted Remedial Measures ly tested when they meet Aston Villa but they

the laconveniences they 100 Metres (Junior)-1, Ling Keb; for

"In my foregoing comments him was a sort of bonus. are expected to collect the points. Derby, who

Kong (LS.C:): 2, Woog Tie Chung suffered, In justice to the pre.I have stressed rather than have a couple of games in hand, due to Cup

(W.Y.H.K.). 3, Chan Hok Tent staff of this department I engagements visit Ayresome Park and if cur- rent form runs true' should beat Middles- borough. At the other end, luckless Grimsby go to Turf Moor but can hold out no hope of beating Burnley. Stoke City and Sunderland E. R. Hill, the two retiring Di-

meet at the Victoria ground and the result of "It was antielpated that the rectors, were re-elected to the

this match may have an important bearing on Arst turbine would be in com- Board on the motion of Mr. N. mission by the end of this C. MacGregor, seconded by Mr.

the final positions at the bottom of the league. year. Unfortunately owing to P. Loureiro.

Меките. Реat Marwick Mit- Southampton travel manufacturing difficulties co- stant delays are being excholl & Co. were reappointed Midlands to play Birmingham perienced. I will not be until auditors for the ensuing year; City and if they can pull off a win here it will have the effect

The motion was then put to the vote and carried unanim qunly.

er will be lu commission before Messrs. W. A. Stewart and the autumn of next year.

to the

TEAMS

the summer of 1919 before the on the proposal of Mr. B. Wong of reducing the leaders margin

In their match against KCC on to- turbine is running and even Tape, seconded by Mr. Wong of points and at the same time. increasing their own claims to this date may prove optimistic. Chi-po. Your generating station is still Supporting Mr. Marsh in the second place, Tottenham's Mid-will be represented by A.R.-Minu, Time:

week debacle (they lost to A.R. Abbas. A.R... Kitchell, S.H operating with pre-war plant chair were his fellow Directors, Barnsley at White Hart Lane Khan, S.K. Khan, K. Naxarlo, A. c which suffered enormously from Sir Shouson Chow, Hon. Mr. by three goals to nil) sets them Aroulli, JM.I. Razack,Abid non-maintenance during the oe T. N. Chau, Hon. Mr. D. F. back in a competition that has Ebrahim, Tahir Ebrahim and 8.6.

few games left to be played. Ismail (Capt.) it says Landale and Mr. E. R. HIII. cupation period and

and in-1 much for the skill

Shareholders present

MacGregor, the last ferice? - genuity of your engineers that Messrs. N. C.

Queen's Park Rangers, who C.C.C. against University XI at

may Ramchand (Captaly), G. Hong

So Hong Sling K

•

Philippine Mines

CLUB v.

EASTERN

were Are Spurs going to crack up at The following are to represent/Kim Hung (D.B.8.). Time 27.2 sics, resuming operations under proOn their own ground yesterday afternoon," O{u};

Buch a heavy load. It has been worth, P. Loureiro, W. Stoker, in Third Division South,

drew, with Eastern. A heavy pitch made zo»- curate passing and ball control difficult. In d Last minute effort to snatch points, Club made,

very determined raids.

'Messrs. Lowe, Bingbaal and rest assured that your. Diroo 100 Metres (Senior)-1, F. McRae the circumstances was done to Pany's position. I wish you to directors for the ensuing

tors have taken most realistic Matthews were re-elected audi (C.B.S.)-2, Chan Hong Lai (W.Y. fulfil our commitments.

and efficient remedial measures.tors. T H.K. Mow Cheung Wag

Shareholders' present Time 11-7/10 BCCA. (1.5.C.},

have consolidated the "Your Company has consider-They Long Jump (Junter), Ling Kch Koog (1.5.C.): 2, 1s Kam Chuen able investment in Philippine position of your Company as Messrs. A.W. de Broskert, (W.Y.I.K.) 3. Chan Hok To mining companies, all of which Construction Engineers. This Graye, L.M.E. Llord, B. Minutti

17 ft. ins (6.5.C.). Distance

paid good dividends up to the Department has been thorough N.V.A. Croucher.

Upon ly re-organized both as regards Mr. E.S.C. Brooks, afténdid Long Jump (Senior)-1, Mow outbreak of the war. Cheung Wing (1.5.C.); 2, Law: Chu

(5.).C); 3, Peter Chan liberation in May. 1945, the personnel and equipment. We on behalf of Hastings and

13 ft 4 Ins.. (L.B.C.): Distance

properties were found badly have at present experienced and Company, solicitors for

rellable consultants and a de- company.. 100 Metres" (Junior)-1, J. Rodri- damaged.

(La.C.); 2 (LS.C.)mines in which

1. T (WY. "Post-war activities at the pendable permanent staff of Mr. Gordon Brown repr

a portion of engineers and technicians busy ed Laird Securities and Holly. Lau Yuk morrow at King's Pack, Indian R.C. H.K.): 23-4/10 secs.

your Company's money is in- on current work with encourag- bush, Limited.", -200- Metre

(Senior), J. Eggle vested. consisted of salvaging, ton (CB.S.); 2 Ti Chuah guarding and maintaining the

necessary machinery and equip (W.Y.H.K.); 1,

200 Metres (Junior) -2, Abraham ment. Exhaustive studios have Time 2 mins, 17-4/10 secs, (LS.C.); 2, Dayii (L.5.C.) 5. Au been made of the possibility of 21200 Metres (Senior), P. McRaesent conditions. Unfortunately,

(C.B.S.)

2, P. Moss (C.B.S.) ind. the prevalling high cost of '(8.8.C.).' labour and the Increased price B Tay W. High Jump

Kong (LS.C.): 2. Hiu Yiu, Charn

profitable operation at this time Shot Put (Senior) 1. H. da Costa der the circumstances, it will fate in front of goal and all-wed Eastern defence. In contrast, the Eastern straight at Tam The folowing will represent Club (D.B.5.). 2, Lee. Tak-Bang (LS.C.); be necessary to wait until opera Eastern to clear on many occa took the kick,

marked increase in the price their frequent breakaways. For cleareth

were dangercus only in the soulje gathered! and Norwich have away games and Blevre against South Chice va Couto (LS.C.). Distance 33 ft ting costs become lower or slons, at Walsall and Leyton respec sive to the porlton, at the Sunday at Caroline Hill. Kick off High Jump (Senior) -1; To Kwan of gold is established

row, assisted by Beck and Rip Half-Time 4.30 p.m.

McRae

On the resumption.". bottom is not 'likely to change,

Coawsher, Taylor, Strange, Mc (C.B.8.). Leung B

As to the Sumatra mines chie, broke up all attacks and mucho mu

daer (Y.A.-M.), Height, # ft. 1 in operated by Maraman's Alge- ted Club forwarde well, Catton, their lawing tric Lincoln, are, at home to the Kay Ritchie, Keonard, Gardner,

Shot Put Junior Sour

Sour meene Explorate Maatschappij in Club goal, had an easy after effect Bickford wa much freedom Bed quen of York while Rother have Gaffney, Fowler, Urquhart

with bath wit-half, found time a very much tougher problem Barker. K

(L.8.C.): 2, Ling Keh Kong (LB.C.); I wish to give you the following noon, staged gr

The game opened. Reserves-McCaig Hamley. at Wrexham; it would not sur

Sin Hong Cheung (E.K.P.M.). Information: The above Cand sides playing quite cautiously, wall help his defec prise me if they returned from

Distance

pany operated the Mangani getting the feel of the ground, many good p Wales withous the points.

400 Metres (Junior)-1, J. Rodri Mine, gold and liver lode Redman had a slipped and Mullen, T This week's spotlight must

rued (L.SC.); 2. Chunx Flag Kwan operation with a capacity of through the centre but was ruled was often mint away rest on Cardiff City. We must

(E.K.P.M.): 3,P. Henchart (D.B.8.). 180 tons per day and also the olden walls and is smp T they can emulate the performance of

400 Micres (Senior) 1. N. Plates Portsmouth and Charlton - In

London, Mar. 17200 going from the Third to the

League matches: Swin. (D&&),.2; P. Mona (C.B.B.); 3; Kc Igan. 1224 Warrington: 45 Willer (C.B.5,;).Time: 31.2 secs properties were in full opers the ball awar Again the cent First Division of the league-in ton

Redman," cleverly astons, Rovers 2 Funter: Sprint Relay Umlar](4100 tion. In 1941 at the time of the

back-heeled, thay ball but, is just 299) Perde Metrus) NWYUK:2 D.3.5.1 Japanese invasion,

Bostilities fragmen played tedag: Hisprint Relay (Benler) (4) 18ince the termination of west wides

Tootball Metres) I LEGIS, WYALK,

we have been able to copo with N.V.A. Croucher, F. F. Duck have a lead of only one point [p.m. tomorrow at-Happy Valley Wont Kam Shor)-1, Llor:Keb of supplies make impossible the| found necessary to restrict the J. Hennessy Seth. A. McKellar, tose it when they travel to Bris Choy, R. R. Iran Tam, A.-H. {/WŸ‚H.K.}}' 3, `F. Xavier, (83; of any of these properties. Un-Club forwards seemed to hesi a penalty for pushing, by th hours of 8 p.m. to 11 p.m.-all Ip Kwai-chung, B. Wong Tape, into the icture they can Ismail, E.. H. Esmall, T. Crabtree ft 1036 Ins..

thepleture if can Wong, B. S, Chawis

Industrial load during the Loung Fattin, E. L. Groome, tol to meet the City.

consumerà wore warned at the A. G. Meise, Leung Shlu-lou, take two points from the mo time of connection that this R. A. Dastur, M. M. Nemazes, derato Swindon. Both Brighton type of supply could only be C. I. Stapleton, Wong Chi-pe, given outside the, peak load A. K. Minu, Young Tao-kle and period and we are only imple- Lo Yuk-tong. inenting restrictions

which

were foreseen and advised. I Baseball

must also point out to

con-

stituents that with the heavy

load now being carried it may

New York, Mar. 17. Exhibition baseball:

be necessary to employ low Washington

attendant higher cost of gen-

steam pressure plant with its

Benators

eration and it la possible that New York

Yankees

the balance for appropriatloni

will not be on the same scale as **** S that for the period under re- Detroit Tigers view.p

Five Reductions

Brooklyn

"Our consumers have had the Sain Louis benefit of no less than five re-

Philadelphia

Phillies

Cincinnati

Reds

6 Saint Loule

brings

* Cardinals 2|two Berrion;393072inks Week's Tes |14|| Montreal......10 marksson: oal average

the & interesting fact that the Fires Drislon has been on only once on goal, svorken!

* Browns - 18 · Chicago: ductions in rates since Septem-konda do White Box 1 ber 1946 bringing the lighting New York Giants and Pitts- rate of 57.8 cents down to 85 burgh Pirates game was can- cants with discounts and the delled because of PTA power rate from 16.2 cents to siated Presa

18.3 cents, Until the new

plant pie installed and Unlead "A Dance!) bars and S

#baylittle, shanes el 1* wurd

Results

Football matches

men

Atiek Placer property with two Mullen, in another Club raid wha

Kun-konvedinually atid got occasions. cu. ft. bucker dredges. Both bad a good try at goal, but, Tain way padded with "Hud

traforward.

portsTam

Seture and

· bálland