1948-04-16 — Page 3

Page

THE CHINA" MAIL, FRIDAY, APRIL 18, 1948,

DAIRY FARM RECORD TURNOVER:

TWO MILLION DOLLARS PROFIT

Another record.turnover, though with a decrease of

some $300,000 in the profit of working ac- count, was announced at the annual ordinary meeting of the Dairy Form, Ice and Cold Stor- age Co., Ltd. yesterday.

In his speech the Chairman, Mr. N. O. C. Marsh, said that the lease on some of the company's land at Pokfulam would not be renewed when it expires in a few years and that two possible al- ternative sites had been found.

Mr. Marah sald:-"At our lost annual meeting a record turn-

reported. pver

WAN

That figure was exceeded in 1947. Despite the increase in turn- over the profit on working account shows a decrease of approximately $300,000, due to lower operating margins in all branches of the Company's business.

has

"Capital outlay this year been heavy, amounting to $1,248,- 089 an leasehold land and build-

ings, plant, machinery.

vehicles

harbour

and furnishings.

craft account has

been in-

creased by $194,220 representing cost of 1 imports, plus the the

lena rearing of young stock, animals withdrawn from the herd by sale or denih.. Expenditure on #tock will be very much greater will be landing this year.

Pay a Dividend

of

$2.50 per share free. of tax on 293,333 shares

Pay a Bonus of $1.50 per share frea of tax .on 209,335 shares Make provision for Taxation and Con- tingencies Transfer to

Chinese Staff Superannua- tion Account Transfer to Heserva

for War Losnes

Transfer to General

Rezerve Carry Forward to the next account

Health Reasons

Baghdad, Apr. 14. Arshad Umari, Minister of Defence, and Mohammad Al Habib, Ministor without Portfolio, have resigned for health reasons, press reports stated today.

$733,337

it was not known whether boon the resignations have accepted-Rauter..

440,003

650,000

30,000

75

M

He said: "I have the impression that no organisation in this Colony can claim to receive a higher The

standard of service, enthusisam and loyalty from its staff, than ills company. We expect in due course to hear what schemes have been evolved for their benefit...

Ubiquitous

Munitions Ship Mystery

Rome, Apr. 14.

police today announced that the munitions ship Lino which was sunk by a time-bomb in the port of Bari on April 10 with a cargo of guns and ammunition, had been scheduled to dock at the small island of Lipari, where an alleged Communist plot was under way to seize the island.

to

The Czech Government official- ly denied they were selling "arms for use in Palestine" after Asso- clated Press reported that a ship- ment of 300 rifles and 300,000 rounds of ammunition moved in- to Palestine 30 hours after arrival In Damascus on January. 21.--As- sociated Press.

Harcourt O.C. Dinner Dances

"Provision Is wisely being made at an early date to meet the situation which will arise through

The police claimed the plot the possibility of the Company being dispossessed of its almost was nipped with the arrest of traditional altes on the southem the self-styled 'Russian aviation stopes of the Island. Although it colonel, Isane Fegman, who was the island, He had may still be several years before living on a new situation will have to be several million lire, which he provided for, it is not too early claimed war

money for * re- for Both financial and technical | volution. questions to be explored.

The police claimed several. lot- рапу for verification. Dividend "We

We welcome the extension of

ters from Fegman being sent warrants will be issued to them the Company's catering and retail after their certificates have been business, und, in regard to the Austrian via Italian Communist It may well be that, with-channels, asking more arms, had verified. The number of certill-former.

been intercepted. cates not yet produce! is repre-in mensurable distance of time.

The police,

orders who take this afforded by sented by the small figure of 1.0% the facilities

standards of from the bitterly anti-Communist the total shares issued. of the tota

company and the In current assets the items of catering which it has established Government, said in their report Flock an

and sundry debtors show will become ubiquitous through-on Fegman: "Despite his claim that he is working for the Jewish

Dinner The the out the considerable increases over

Re-opening Colony and, possibly, organization Irgun Zvai

Leumi,

Dance at the Harcourt Officers' 500,000 corresponding figures for the pre- further abroad."

he la suspected of being a Russian Club last Saturday proved to vious year. As regards the first of Supporting the chairman were

secret agent for the Communists. Dr. the 181,593 these, the lifting of import re-

Hon. S.N. Chau, Mr.

According to officials. Fegman be one of the most successful strictions on certain commodities .S. Cassitty, Mr. R. Gordon, $2,435,000 has made it necessary for the Mr. R.K. Valentine (directors). concentration:

was once an internee in an Italian post-war dances held in Hong camp. United Kong. Well over two hundred company to carry additional Mr. J.D. Thompson (Manager)

Press.

members and guests were pre- stocks on its own account.

and Mr. G. Mine (Secretary),

sent. "Binas the closing of the Among the shareholders

present

dinner evening's Company's books the balance were Miss M. J. de Figueiredo

claims in respect of i Major

Messrs C.W.L. Way

A Syrian Government official dance is now to be a regular fea-

today

it is the hope of all stocks requisitioned in 1941 has P. Loureira, D. L. Stettlett, S. H. said

that 8.000 rifles Libro and been paid.

Rous, S. M. Churn, N. V. A. and 6,000,000 rounds of ammuni- Service officers that It will con- Croucher Lai, C.S. Abraham, tlon en route from Czechoslovakia tinue to be of the same popularity C.L. Gregory.

M. Nemazce, A. to Syria were tost on the last Saturday.

Club renovations, The recent explosion of the arms ship at Tse and C.. Stapleton.

Bari, Italy.

brought about by Mr. E. J. But- Cluba in Hong Kong, proved to cher, District Manager of Service be a tremendous success, and the new Bamboo Grove Restaurant met with only the highest praise from all members.

Profits Tax

"With regard to taxation and contingencies I would

say

that

in the next day or two 107 head of pedigreed cows and bulls from , Canada at a cost of $200,000. A the $650,000 appropriated last year further 30 head are in shipment was for the purpose of taking from Australia by the... "Nan-cure of kin,"

So

of our

Unlicenced Food Factory

Trouble Elsewhera

Damascus, Apr. 14.

The official said the arms were the second shipment from Cze- choslovakia.

Tomorrow

The loss referred to was ap parently that which occurred on the 400 ton motor vessel "Line,"

The marty photographs taken under arrest there since Aprit 3. last Saturday evening are now to

A police communique said it be seen in the Harcourt Club.

on board 8,000 rifies and

corporation profits tax,

Reparations property tax and the possibility

"During the year the amount "The commitment of $125,000 of our being called upon to pay

Pa due from Government and 11.M.. for building contracts and for the interest on our overdrawn bank Services was crystallised result- purchase of plants does not cover account December 25, 1941.

ing in a further charge to war appropriated estimated capital expenditure for far the sum

has losses, this was offset by amounts 1948; it merely

represents the been reduced $0.305 only, in received from customers resulting

by

a further net debit to war extent to which we were com- respect of property tax payments, in 4 mitted under contract at Decern- We expect, however, the Anal losses account of $75 and bring- ber 31, 1947, and does not in- details of the 1947/48 assessment ing the balance of the account to For keeping a food factory in clude the main capital project, for corporation profits tax which $2,470,001, The correspondlag pro-a hut on Third Street, without a the cold storage extension at East is based on our profits for the vision has been increased accord-teence, Lam Kus., 28, was sent had Point. Rehabilitating the com- previous year to be agreed short-ingly. Your directors feel justified enced to three months by Mr. 0,000,000 rounds of ammunition

the bolunce pany's plant and buildings is be- ly with the Inland Revenue De-in carrying forward tunc d'Almada at Central Magistracy "destined for a Middle East coun- ing

borne out of current profits. partment.

uch yesterday.

try, The rifles had been manu- "Your directors have granted "The sum of $850,000 appro- time as there is some pronounce- Inspector Brownrigg stated that factured in Yugoslavia and the

bonus equivalent to on printed last year remoins virtual- ment regarding reparation claims.

"During the year under review defendant had been warned twice i ainmunition in Czechoslovakia." month's salary and amountingly intact but must be so retained

lewgainst operating the shop with The cargo was loaded at Flume. In total to $32,000 to those until we know exactly how much the following branches and es-out a licence, but did not heed

were rehabilitated members of the staff who did we shall have to pay in respect tablishments

the warning. not receive a Chins New Year of the charges for which that sum and re-opened Peak Branch, Sentencing defendant, his Wor- bonus.

was appropriated. During the Kowloon Branches at 64 Nathan ship end that the health author Street amount available in the year the balance at blocked ac- Road, profit and loss appropriation ac count appearing in our last bal-Gloucester Lounge, Kal Tak disense figures down and it was In $2,435,008 Including ance sheet and representing the Buffet, Soda Fountain Restaurants people like defendant who were

D2022 from amount of the company's

at Salisbury Road und Pokfulum, doing these things $128,744 brought forward

infection. Kiosks (2) at Repulse Bay.

TThe

count

last year's account. Your Dires-overdraft at December 25, 1941,

tors recommend that that amount be dealt with as fullows:

Used

Pianos

We are now in a position to ship Used Pianos

́în limited quantitios

We invite inquiries from reputable piano dealers

Cline Piano

Since ATY

Company

EXPORT DIVISION

17th and Mission Street San Francisco, California U.S. A.

SPHON

TAR ★

50335

“FOR WHOM THE

BELL TOLLS" (In Technicolour) SHOWING SUNDAY, 18th APRIL MONDAY, 19th APRIL

·Watch Advertisement for Change of Showing Times

RIP KIRBY

paid.

of

was under can- the

on war logra

Tin Kau

Road

House,tic here were trying to keep the

on

10 sprend

AMMUNITION

Appeal Tomorrow

Page

REFER TO OUR PRICE LIST

AND

SELECT A FOOD PARCEL

FOR.

HOME

WE MAKE NO CHARGE FOR PACKING & NO CHARGE FOR THE CONTAINER.

OUR STAFF WILL BE HAPPY TO

YOU ASSIST

WITH SUGGESTIONS AND PLEASED TO ATTEND TO YOUR FOOD PARCEL REQUIREMENTS "AT HOUSE OR OUR EITHER WINDSOR KOWLOON BRANCH.

THE DAIRY FARM,

ICE & COLD STORAGE CO., LTD.

Master, Foki Lock

Remanded

The master and a foki of a rice Government - approved shop, No. 12 Pak Tai Street, ground floor, appeared at Kow- loon Magistracy, charged with selling Government rice to an unregistered person and offer- ing a bribe to a constable, res- pectively.

"The ground floor of the new "The fresh appropriation

Wu Hon-lau, rice shop master, Telephone Co. building in Kow- $550,000 made in

the accounts loon will be rented to this com-

Volunteer flower sellers will was charged with disposing of be on the streets of Hong Kong Government rice to an unregister- under review is intended to pany and the arrangements are

Amongst the belongings of the and Kowloon cover our estimated fiability for practically completed: This is a

tomorrow, fated person, not in accordance with corporation

profis

tax on our sound move since it will pro- late JF. McGowen were 10 rounds raise funds in the final phare the scale prescribed by the Ra profits for the year

of.42 ammunition and 20 rounds 1947 and vide greatly Improved shopping

of the Salvation Army's on Controller, on March 14, He of 7.65 ammunition, which were

was given ball of $2,000 and re- leave a surplus avaliable for a facilities to Kowloon-residents. matter which

"Our latest

development is found by RA, Edwards, Steward Annual Appeal for 1948,

marated a week by Mr, Blair- Already the An

trom response

Kerr. sideration by

at Bhek-D where directors at

an area of of the Medical Department, land

order of confiscation of the am-business firms and others has been has been rented and

Chau Yin-ting, foki, was charg- which A

munition

offering $5 to PC 1879 was applied for by Sub- very good but the response on ad with A sectional wooden hut

Inspector Howarth at Kowloon Saturday will need to be equally 70' x 20' дев been erected. This

provided

good if the target for 1948 is to Chan Hung-as an inducement to amenity

Magistracy yesterday.

forbear WHI

fram performing his lacking hitherto

at Shok-D It was believed that they were he reached.

lawful duly on April 14 at Mu The entire proceeds of the Tau Wel Road. He was given the dug up in the Kowloon Hospital and of

help to popularize

Mr. Me Appeals are to be used for the bail of $1,000 and remanded a In 1040 by beaches there to ам even grounds

general maintenance of the Sal- greater -axtant,

|vation Army in Hong Kong, Ala | social services and genera! act

well known to the people here.

The Appeal will be closed down

Order by Colonel In T. Ride, G.B.E... London, Apr. 14. after the Flower Day and donors Commandant, ILK.V.D. Corde. Order No. The King and Queen will each wishing to make direct contribu-111/48 dated Apr. 18, 1943.

Ploot' Harrelson. Through the courtmY broadcast to the nation on April tions apart from this effort 20, their Silver Wedding anniver- asked to send in to The Salvation of the Commander-in-Chiel, British Pacife cary, it was announced tonight Army Headquarters, Union Bulld. Fleet, members of the HKV.D.C. way on from Buckingham Palace Reuing, making their cheques pay from on board ILM. Ships. All ter.

able to The Salvation Army,"

the outbreak of the Pacife Wor -the question of placing the Staff Provident Fund and the Chinese Staff Superannuation Fund on a more antisfactory basis and formulating

form some Superannuation Scheme for the benefit of the local non-Chinese Staff.

of

In seconding the adoption of Strellelt said:-

Gowen.

General reserve, to which is the report and accounts Mr. D.L. KING AND QUEEN

le proposed to transfer $500,000, is linked with a matter which has engaged the sarnast atten, tion of

your board and manage- ments since reoccupation of the Colony. The matter I one affecting the Company's leased

lands at Pokfulum.

the leases will not be renewed.

farm

"It is significant of the desire of the Company to meet demands and act in spirit of pubile ser- vice that the working proût is in fact lower this year, in spite of an increase in turnover, as result of a policy of reducing ac- tual profit margins wherever. posisble.

Expansion

TO BROADCAST

Office's

Colonial Denial Of Charge

Landon, Apr. 14.

are

week.

H.K.V.D.C. Orders

pccsalone be permitted to watch Flet Volunteers who are interested: la attend- ing feet exercluco in fature should send In their names and telephone numbers, to the Adjutant without delay. A copy of the Fleet's weekly progTRERSON will be Dosted on the notice board at Corps bead" quarters on the Saturday of each week, sad will be avaliable for Inspection by all membere of the Corps.

Historical Commisten, The Arst meeting of the torical Committee will be held under the chairmanship of Major E. Go Blawart, D80, ED at 1710 bourn on Thursday, Apr. 11 at Corps ILQ. inbers of the Commlites are requested to attend.

All

1

"As the Icases on lands de signated as Dairy Farm Lots 1, 2, 3 & 4 are due to expire at the end of 1956 it was considered "The capital has been increased desirable to ascertain Govern- considerably and the programme ment's intentions in the matter of expansion for which this of renewing these leases. Govern- capital has been secured is im- nient has definitely stated that pressive.

The board

appears to have The selection of an alternative been in no difficulty, in providing site has led your manager and for the building schemes, the in- technicians all over the crease And replenishment of New Territories and following an pedigree stock as well as the The exhaustive survey the views of important project of cold storage Government in regard to two extension, all of which represent porsible altes have been nought—some of the carlier plans but so far no reply has been re-visaged by the Company in the ceived.

course of its rehabilitation.

"The company further. appears to be well secured by apppro- The charges, made in the authorities could not exist side by three' evenings sach week, and Volunteers "In addition to Dairy Farm Lots priations for profit tax and con Commission's report the side and "any prolonged hang-who wish to represent the Corps will be 1 and 4 the company has two tingencies and we note that amplo United Nations General Assem-over would mean that Britain experted to atland ́eli paradasť je further lots on lease at Pokfulum, margins have been left where

still awell to be es- bly, havé aroused strong re- might be involved in implement" { picroasa. 2411 Pie. Soures, Ink, Na 6 | these are Farm Lot No. 71 of liabilities

partition or any Company, Waf. 12.6.48. .. 9.05 acres and R.B.L. No. 331 of tablished by assessment or legis-sentment in high Government ng by ∙12.298 aeres. In the first case the lation. lease capires in 1982 and in the second in 2003.

Lease Dates

"The response to the offer of new shares in the company has been very satisfactory, Share certificates in respect of that issue are now being prepared and allotment letters will be sent to interested shareholders as soon as possible. Those ahureholders who -have not yet dóna so, should pro- duce their certificates to the com-

I'M GOIN' IN, BOYS FOLLOW

PRISCILLA MUST

HAVE MADE ** HER GETAWAY [BY NOW! I'LL TAKE TO THE

ROOF AFTER ONE MORE SHOT/

ed-

Palestine Commission's charges at Lake Success last night that Britain had shown a lack of co- operation over the Palestino lesue were today' categorically repudiated by a Colonial Office spokesman.

quarters in. London.

to

*

other scheine.”

That Britain had made it im Mr. Strellatt referred to the The Colonial Omco spokes possible to organise Arab and proposal to reserve any surplus man's replies today to the in-Jewish militias "Britain cannot of the appropriation for^es-dividual_charges were:

continue to be responsible for timated Corporation. Tax to- That Britain had refused to law and order and, at the same wards the establishment of the admit the Commission Into Pales- time, permit autonomous armed staff Provident Fund and the time before May 1-the spokes- bodies to come into Chinese Superannuation Fund man said Britain had often de-

that

The spokesman dec

Hen • lavel which will give the clored that the arrival of the there had been the fullest CO- Company's staff, that BONES, of

would Commission

be the algnal operation with the Commission, security which __f_am_sure, we fór fresh disorders, magnet but that Britain was determined

feel, they ·have. amply

That Britain had refused, a pro- not to be a party to enforcing earned."

gressive transfer of power two any scheme-Reuter,

J

BY ALEX RAYMOND.

King's Birthday Perida. Should there be King's Birthday parade Volunteers who would like to parade with the XX.V.D.O. contingent are naked to mudy mit Ebair name to the 'Adjutant without deler, Tralolog parades will be held un

Part 3 Orders Ho, 12/44: Stemgik.

• (Bad.) J. WESTON, Capiała,

Adjitani, IX.V.D. Corpe,

POST OFFICE

Outward Mails :

Union otherwise atstød, Besletereć Arials and Press) Forin e 10 lutes marling than the Ordinary Man, 20 Ma slow before 10 am, Moristered und| Parcels will slose në »'pas, un previous Bay

FRIDAY, APRIT, - 10

Cloding "Times by Air. Canton, (Kowloon 0.2.0.) 1.35 am., 20 m.m., 19.80 p.m. Il-phant (0.8.0.) '† 'mi 9.30 am, Noom, 2.90° p.m.

"Alemall for "Shanghai, (Haw.) '* 1, (Ord.) 8.30 am USA

Airmail.for Sestor, and' Amty, (Bog))'

• men. (Ord) 9.30 am;

Airmaŭ for Amey, Shinahal, Nanking. Mankow,: Zulugtoe- and--Vetplings Airmail Tor-Chungking: “Alrmel-1 for Wooshow, (B) & (016) 234-pm De Airmail fim Talnani - "Atemalt tor [Dwalow,^{Ben.): 8 pm. (Ord). 3.80 km

- Chalie Tiand My Bok'und Vrati

Mama, Trinehan and Phikki, 8 ́1.20.

· Onsion" (Parvels, and, End, alam mall),

„Ehanghai, 19 'KJEVEN

¿Canton' (twi, dhom 'nali1only), M.patc Amar: uĂ ̈Foothom, -3 p

· Bitrail.: Ongion. Xus ssd Borsh Afrin

PURE FOOD SPECIALISTS.

At Your File Not For It!

RONEO

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DODWELL & CO., LTD.

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Tel, 20088,

LIFE

ISSUE OF MARCH IST, 1948

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