1955-03-10 — Page 10

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