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More local news on P. 4
CHINA
Established 1845
FRIDAY, MARCH 10, 1961.
'writes frotion news'
NEW
DAYS UDOVE
Lady Sheaffer
'SKIUPBENT' FOUNTAIN PEN Este pentr
UNITED PAPER CO. LTIN
NEW ROAD NAME PLATES Hongkong and Shanghai Tramways
QUEEN'S ROAD CENTRAL 中道大后皇
Here is a new type of road sign. The Public Works Department, is putting up a few of these stove-enamel road plates for public comment and is asking for your opinions.
The new plates have three-and-a-half inch lottering (the same as in U.K.) with English in black and white The new plates are said to be and Chinese in red. more durable than the cast-iron ones and casier to read.
TRIAD YOUTHS SENT TO JAIL
Three young men
were jailed by Mr Derek Cons at Central Court this morning for being members of a triad society.
Chan Tal, 23-year-old how- ker. Being in an unnumbered | hut in Yue Lak Lane, Third- street, who had tom previous convictions including two fur a similar offence. was sentenced 10 two years' imprisonment,
Two youths, Yue Wing-chiu, 111, of IA Babington-roud; ground Noor.
Yip Ko- and chuen, 17, of 34 Lyttleton-roud. first Boor, were jailed for four months. They had no previous į records.
The trio pleaded guilty to
EMBEZZLER
DISCHARGED
ON BOND
being members of the Wo Hop A shipping firm employee
To Triad Society.
who
two was jailed for years two weeks ago for embezzling $31,321 was conditionally dicharged on a $500 bond for two years by Mr Derek Cons
Central Court this morn- ing.
Bank annual meeting
(Continued from Page 1)
change Fund, which Bre al present held entirely 151 sterling, should be invested locally in a government loan or i in treasury bills,
While there would seem to be no objection to any surplus being used for this purpose, I strongly of the opinion that the full external
currency should
am
vigour. There had been exports of more than two mil- marked improvement during || Hon, tons were a postwar re- the year
financial cord. the position because of a moderi Increase in revenue and also government spending under development votes being somewhat
lower than estimated.
CEYLON: Mr Turner said that in August the Government im- posed a number of measures designed to halt the rapid de- cline in the country's external reserves, which WARTO long There had been a small rise overdue. These measures were in the overall volume of trade peinforced in January by the
of cover but while imports had Increased introduction
special beby almost four per cent, exports ileensing Mr Turner's wide-raging sulting in a larger unfavourable report also covered economic balance than in 1950.
volilical developments i
Trade and Information offices and throughout Asia and the "Middle were being established in East.
London, Djakarta and Kuola Lumpur.
for our maintained."
Serious CHINA: Mr Turner sald that this country had suffer- of ed a dlamatrous sequence natural calamities for the second year in succession and if the next harvest was not a good one, the outlook would be Indeed serious.
were three per cent lower re-
Unspectacular
11%
NORTH BORNEO: Turner sald there had been a
unspectacular steady, if
fl- provement in the economy and there
further had been pansion in the Colony's trade.
BRUNEI: the failure of
The wise invest-
Contributory causes hud un- doubtedly been
a
system covering wide range of consumer goods and further heavy increases in Import duties. Fortunately there had been an improvement In the earnings from exports.
an
cx-
Conclusion
that
the
:
Explaining the proposed share split, Mr Turner said
shares the Bank's
had for some time been considerably Bigher in price than those of most banking companies and it had been · suggested that this resulted in many small investors being discouraged from buying them. "Although there has been no sign of any lack of demand 1 think it very likely that a lower would be more priced share widely held,"
Dealinga in these new shares
ordinance criticised
The Tramways Ordinanco
was on archaic hangover,| said Mr 1. T. Morris whon ha fined o learner tram driver and his Instructor $100 each in Causeway
From the Filos
25
years AGO-
March 1936
LL the records for
Bay Court this morning. A March temperature in
Lau Chol, the driver, was
broken
charged with falling to bring the Colony were his tram to a halt to avoid in- thuring Wednesday accord- with olding and abetting. pending danger and Tsang Kong
ing to recordings registered at the Royal Observatory. The day was in fact the coldest March day in Hong-
Mr Morris was told that Lau Chol was the driver of a tram In King's-road On January D. Some distance ahead some
would start on March 20 both school children were crossing the Kong for which there are
in Hongkong and London.
Impressed
road,
As the tram
Mr Morris said that if Lau Chol had been driving a car he would have been charged with dangerous or careless driving.
"There is an urgent need for the legislature to recon- sider the provisions of the Tramways ordinance," he said.
I
In the face of dismal weas ther over a period of several weeks the display put up by the Hongkong Horticulturat Society at the 1930 Flower
any records. The maximum Mr Turner then told share-
approached it temperature for the day was In conclusion, Mr Turner holders of his travels to Bank falled to stop and the children 49.2, the mean temperature sald
offices and to the Middle East had to jump out of the way. although
46.9 and the minimum 44.4. wealthier nations, particular- where he inspected the offices
☆ were of the British Bank of the Mid- States ly the United making supreme efforts to die East, help improve the lot of Asian people, there was no sign of Improvement in the general standard of living. "I was most favourably im- He said that in the case of pressed with all that I saw and
heard in the
places I per capita income India, the
many visited and I can assure share- ion years had the last the
and only increased LD about £22 holders that our interests. ed inanagement and too doctrin-State in the fortunate position
which was
less these of our constituents are in investments per annum alre an approach. The limita- where Interest on
many of than
workers in the very capable hands," tons of
The transport system
Covers a very large part
week.
Mr Turner said next week may also have aggravated ordinary recurrent expenditure. West earned in
wish to over- "I would not
he was going to Australia and The year had i matters.
SARAWAK:
call New Zealand to
on the ctress the problems which face been one of prosperity and the
boks of these two countries. recent decline
rubber the peoples of this part of the in the
Proposed by Mr Tumer and that price made
world who have in recent years unlikely
secunded by Mr. D. B. Evans, the 1901 would be so prosperous. made considerable progress in
r¢hirl Yid
statement of curtain directions,
Neverthe-
counts were adopted.
the rural communes to deal with ment policies of the Sultan and the situation due to experienc-his advisers
Mr Turner production expand but
said
Industriol
to
rate
had continued at a slower than in the previous year. Mr Turner said the total of China's foreign trade was expected to exceed that of 1959 by 7% per cent, but the failure of many crops and the heavy cost of food purchases may reduce China's capacity to import on the same scale this year,
Violence
JAPAN: Mr Turner said
Revenue record:
have placed
it
collections
were
INDONESIA: Mr Turner sald the decision Lo sever relations with Heljand in a further move In the dispute over New Guinea would make
rational
to this any
solution problem more difficult,
He said there had been some slackening of inflationary tendencies, particularly in the
second half of the year.
Embarrassing
said
אור.
over
US$
the
growing prosperity which is ro noticeable a feature of the West has so far had unly a limited effect on the lives of the many millions in this urea,”
Middle East
де
Mr J. F. Macgregor, Mr S. J. Cooke and Mr H. D. M. Harton were re-elected Directors; and Messrs Peat. Marwick, Mitchell and Co and Messrs Lowe, Were Bingham and Matthews re-elected auditurs at a fee of $4,000 cach
At an extraordinary meeting that followed, an ordinary re- clution sub-dividing the exist
shares of $125 Ing shares of $25 was carried un- animously.
Into
Ave
"If we tolerate laws of this Show, staged at the Volunteer nature which
are out of line Headquarters yesterday, war with public opinion and are re-extremely gratifying, and can gitlarly
we shall truthfully be described as up- weaken the whole body of the holding the best standard of law."
the annual event,
H.E.
broken,
Government
appointments
The
gazetted
following
Secretary
The Governor, Sir Andrew Caldecott, took several places himacts, but evinced his interest in a more practical form by studying every Bec- tion of the exhibition before presenting the prizes.
The President, Lady Southorn, who was accom panied
by Sir Thomde Southern, said that the flower ahow was a vital factor
appointments. in the life of the Colony.
duty
дя
En-
Unregistered
teacher
woman
two
In addition to his review of Asia, Mr Turner Included in
promotious, transfera and his report this year for the first
postings were announced in brief outline of the
today's Government Gazette: the violence displayed during
time activities of the British Bank the summer
un Was A. 13.
Mr A. Inglis resumed Detective Inspectur
of the Middle East, which the demonstration of
Director of Publie pleasant
Works; . Chan Harteam told the court
Corporation acquired in 1959,
W. Forsyth, Deputy Director, ceased minority was first arrested for being a
what a determined
He revealed that the Bank
to act as Director: Mr W. A. John in November, triud member
could do and the murder of Mr
ceased to son, Assistant Director, continued
A special resolution amending act as Deputy Director to make satisfactory
Mr A. B. a further dis-
An 1967 when he was bound, over
Asanume
INDIA: Mr Turner
unregistered progress and their
the Hongkong and Shanghai Webb, Chief Engineer; balanco
ceased teacher was and placed under police super-
Aned $120 by Mr turbing factor. ot
there was no indication of any sheet total exceeded £100 Bank
Regulations to increase Assistant Director: FK. A S. Phillips at Causeway A significan: vision).
feature of the other
being
Chief Whitehead, Assistant party
strong million for the first time main- the maximum Individual share- elections Chan was sent to
Kincer, prison in }
had been the
Chief E-Bay Court this morning when pro-nough to challenge the Con-ly because their deposits rose holding from 10,000 to 30,000
C. C. Pedder to be she pleaded guilty to Rineer: 20 act 1950 for having taken part de
gressive increase in the num-gress Party in the general elce- by £17 million to. £105 mli- shares, was also carried Un-
Electrical Engineer. trind fights and soon after his re The defendant, Lam Lung,
ber of votes cast for the socialist | tions due to be held next year. | lion.
Mr Stephen llo Yum-tuen, Liaison summonses for being an unre- animously. the
Officer, SCA, ceused to act as Aa- gistered teacher between lease from jall, he recruited Yushing, 35, of us Wing Lok-stret parties, which had risen from The difference
Profi, after tux, was about
and teaching The two meetings were at- aistant Secretary for Chinese and Yip into the Wo Hop To West, first floor, applied for s
24 per cent of the total in 1952 various
In an unregistered school. factions within the £300,000 for the nine-month
tended by a large number of
Affairs on resumption of duty by Mr C. N. Lee. December 31 (for shareholders.
The woman Chu Woon-lin of Triad Society.
review of the sentence through to 38 per cent in the November Congress Party were neverthe period to
Mr P. V. Dodge merly the Bank's books closed
to be Sertar 30 F Yuen-street, Arst floor, becoming more embar Yue and Yip, in turn, attempt solicitor a week ago and was elections. "If this rate of prow less
Administrative Officer. Operations, was found teaching in the Main ed to recruit a young boy a few remanded until today
to see gress continues these parties
and although rassing
these on March 31 but this has now
pad Ax- Resettlement Departnetta, sant
Tsun School, which was an un- to the will be in a position to offer a
Urban Gays ago as a new member whether his employer would
were seen chiefly as a struggle been changed to December 31)
Counsell, and Mr Turner said this repre- ot serious challenge to the Liberal-for under the protection of Chan re-employ him.
registered school in 39 Station- control the party machine
lane, Hunghorn. Democratic
an increase of 20 party in the not in the states, the outcome could
sented
per but were arrested by the police.
too distant future, Chan's previous records in-
have an adverse effect on the cent proportionately over Mr Turner said the economy future fortunes and policies of previous year's figure. continued to expand, and there the party as a whole. had been an appreciable increase PAKISTAN: The
improve- in industrial production
ment in the political and ceono- sup- ported by a high rate of invest-
mic state of the country ment in plant and machinery brought about by the military although there had been reports
under- President that this expenditure was begin- Kovernment
Ayub Khan has continued ning to show signs of levelling throughout The year. The aff. The volume of trade con- Government was
cluded dividends declared by District. still opposed
e Mercantile Bank and the The new school, a six-storey
An 18-year-old tinued upwards.
to the reviva! of any form of
British Bank of the Middle building with 30 classrooms for assaulted and robbed of a gold 10.04 am today. A 40-year-old the party system
Eust, of parlia
The accommodation of 2,700 necklace valued at $300 by man sustained slight burns and which government
two sessions, Hongkong currency notes in pupils in
forms three men at Playing Field-road was taken to Kowloon Hospital ***
circulation increased by $64 mil- † part of Government's develop-|near Tung Chol-street, shortly for treatment. The fire was existed prior to the establish- ment of the present regime in | ilon because of a rise in the Ex- | ment plan for the area, where after 1 am today.
put out. 1958 and Martial Law regula-cess note issue and current, de-raple residential and industriol tions remained in force.
Mr G. Hampton, representing cluded pickpocket, assault and Lat, informed the court this heroin offences as well as unmorning that Lam's employer,
hud de authorised sale of theatre tickets, Sir Lam Kom-kwan,
cided to re-employ his client who had made full restitution last week,
New ID cards
J
All people living in Hong- kong, Kowloon and Tsun Won who hold identity cards bear- ing registration numbers in the
eries 185,001 to 215,000
110W
Bre
required to re-register with the Commissioner or Re- gistration for the issue of new- type identity cards.
H
Registration
The domestle velebrations of 1 Golden Jubliec of The Waiversity of Hongkong open- ed this morning with registra- tion of graduates attending, In- cluding those from overseas,
WHAT SHOULD LITTLE BOYS BE MADE OF ?
"(AND THAT INCLUDES LITTLE GIRLS)
Haliborange
AN ALLENBURYS PRODUCT
Health and happiness — that's what they should he made of. And to build them up that way, give them Haliboranga everyday.
Make Haliborange and Haliborango Tablets an all-round habit in your family, starting to-day.
BON JOLATE, BANKY & HAHOB LTD, 494 CompưNÍN HOTE
HAB
Capital
economy
mentary
A test
$14m rise
the
Mr Turner told the meeting
New primary school
A new Government primary
that the $42.2 million profit re-school is to be built at Son Po persented an increase of more Kong, a large area of 30 acres than $14 million over the pre-ving to the north of Hongkong
Me G. M. Hetmen ceared to be on Inspector of Schools.
Mr Ding Mow.ung. fare Officer, -to be A Probation Officer
Social Wel-
MP Yu Tak-woon geared to be a District Registrar.
and of Births Deaths
Mtr A. T, atk to be a Deputy Clerk of Councils,
vious year. This figure in Airport in the Kowloon City Violent robbery
posit and other accounts showed development
a rise of $218 million.
PHILIPPINES: Mr Turner. said there was a further im provement in the notwithstanding some increase In internal costs and prices. Since the promotion of con- tinued economic expansion would be one of the main pro- blems of 1901, the Administra- BURMA: Mr Turner noted tion may well ask Congress to that the transition from a mill-
regime to pass a foreign investment, law to | tary
civilian the a encourage the inflow of overseas administration took place with-lion. capital, and also to suspend the out Incident but the unity of capital gains tax which the the present government may President had recommended. be severely tested it the Prime Malster, U Nu, carried out his reported desire to retire from active leadership of the ruling
Mr Turner said party.
Anxiety THAILAND: The trend of in Laos had been evenis causing д Ereat deal of anxiety and the establish- ment of an accopiable ZOV. crnment there Was of vital concern not only to her, but
Bli the countries Southeast Asia.
of
There had been a marked improvement in the internat economy and for the Brat timo for many years revenue had exceeded estimates and there will be an overall budget sur- plus.
Mr Turner sald the govern- ment's policy of encouraging secondary industry ovas, making. progress.
MALAYA: There had been A steady progress both in the political And economie
spheres during the past year. Buoyant revenue, which was expected this year to exceed $1,000 million for the first time, had resulted in an estimated. overall surplus 'aftor develope ment expenditure had been mét. The balance, of trade had again been strongly in Malaya's favour at M773 million, being almost six per cent higher than the previous year.
Courage
SINGAPORE: Mr Turner said the Government ? had tackled the many. prebioma that faced it with courage and
POP by Gos
241
MY WIFE WANTS, TO KNOW WHAT YOU LOOK LIKE HAVE YOU
A PASSPORT
PHOTO ?
13 now taking
place,
Man killed
The consolidated balance sheet included the accounts of the British Bank of the Mid- dle East for the first time and total exceeds £445 mil-
An unidentified man of about "On the whole, all members 35 years of age was fatally of our group have had a satis-injured when he was knockeds factory year and it has been down by a private car at Chol very gratifying to the directors | Hung-road near Kai Tok-road, that they have been able to at about 10.15 pm yesterday, recommend an increased dis- The man died on the way to
rice tribution to shareholders."
Kowloon Hospital
Carlsberg
SCORES EVERYTIME
4A19-
girl
דרי
Huts damaged
by fire
were
Three squatter
hula severely damaged when 'a fre broke out on a hillside near Ching Shan terrace, in Shek Kowloon, at was Kip Mei village,
fashionable
RAINCOATS
with
matching umbrella
just arrived from
NEW YORK & PARIS
Mode Elite, Ltd.
Kayamally Oldg.
22 Queen's Road C.
.Hong Kong
Tol. 24002
Goon View Court 27 Chatham Fload Kowloon Tel. 07488
Trinited and publlshot "Vy TRÁINCE GORDON NEWLANDS PEARCH for, and on behalf of South China Morning Post Limited at 1-8 Wyndham Biest, City of Victoria in the Colony of Hongkong,
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