1938-07-12 — Page 21

British Troops Ready To Leave Eire

London, July 11.

British troops to-day formally handed over control of the three southern ports of Ireland to the Eire Government, in according with the recently concluded Anglo-Elre Agree

ment.

SWIMMERS SAIL FOR SOUTH SEAS

H.K. Accounting

Students' Tour

The Hongkong Accounting Students 1938 South Seas swimming tour com- menced this morning when 17 mem- the The British troops are returning to bers of this Society, under England almost immediately.-Reuleadership of Messrs. M. S. Phoon, lterman W. T. Shau and Teddy T. F. Yip

Balled on the Tinegara for

ter.

LOST HIS WALLET *WITH $1,205

Manila.

The tour will take the team to the Philippine Islands, Dutch East Indies, Mr. Lee Ching-ping, residing at Strails Settlements, Malaya, Slam and the Tal Law Tin Hotel, reports to French Indo-China, the police the loss of a containing $1,205.

Waller

Theater

No official send-off was given to the team but a large number of

THE HONGKONG TELEGRAPH.

Portugal's President Making Tour

Labon, July 11. The President of Portugal, Marahal Carmona, left Lisbon to-day on a two month visit to Portuguese colonies,

the Lisbon was bedtagged when President's steamer sailed out of the harbour, and a salute was fred from the forts as the ship passed out to

Beb

The President is accompanied by the Colonial Minister: This is the first time Marshal Carmona has left his country on an offelal visit over- scas. Reuter.

friends and relativer of the swimmers were on board to wish them bon- voyage.

Norman Lee, the Colony sprlat champion, is captain of the team.

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16. tam.

PROFESSIONAL RESULTS.

WITH AWATEUR FASE

TUESDAY, JULY 12, 1938.

FALKIRK'S GOOD SEASON

A Record Profit Of £2,907

Falkirk Football Club made a re- cord profit last year of £2,007 175. 11d.

is re-

Aussies To

Compete In

U.S. Title

Tennis Stars From Down Under Meeting Mexico On August 4-6

London. Cup Team,

This happy circumstance vealed in the directors' report and balance-sheet which has been issued. But there will be no dividend monies are being constantly applied John Bromwich, Adrian Quist, ben to the reduction of the heavy debt Schwartz and Harry Hopman, who manager, wi which has burdened the club for is also captain and

compete in the American lawn tennis several years post.

Tom Craig, the Brockville mano-singles championships at Forcat Hills BeF: has good reason to be pleased in New York from September 9 to 17. with the balance sheet and, in particu- Lar, the fact that since he took over

The team left Sydney on June 24

the managerial reine at Falkirk he and will have about three weeks in

before United States has been able to announce a profit the

10

their

at the end of each of his three years. Davis Cup match with Mexico, ar- In 1995 when Mr. Craig was ap-ranged for August 4, 5 and 6. Where pointed, the liabilities of the Falkirk the match will be played is not yet club amounted 30 £10,307. Now known. It is probable that Mexica

have they

been reduced to will decide to withdraw because the £11,102. These sums include sub-maich must be played in America. scribed share capital which now stands at £3,802. In the year just ended

a bank overdraft of $2,169 was med out. wiped

zone

Anal The North American will be played on August 11, 12 and 19. The inter-zone final will be The club's actual debt at the mo- played on August 18, 19 and 20.

In addition to playing in the ment is represented in a oum of £6,070 da temporary deposit loans, national singles championships, the take part in the and £1,320 6s. 3d. due to sundry cre-Australians will ditors. There is now a credit ba doubles at Boston, beginning August lance on the proft and loss account 22, and the Pacific West Coast Cham-

pionship, at Los Angeles-Reuter. of £2,506 s. 11d.

Income last year from all sources was £13,052 9a 8d; an increase of £938. The total expen-

The tot

total

diture was £10,744 11s 3d, a reduc Gas Use At New High

tion of £687. The principal ex- penditure was 26,184 6s in respect

DALLAS, Tex.

of saluries, wages, National Insur-

The Southern Gas Amociation in ance, travelling expenses,

signing

um of convention here heard its president, fees, subscriptions, &c. The sum £2,319 125. 11d. was paid in Enter- Chester L. May, reveal that domestle toinment Duty, while £392 17s Od Ges consumption reached an all-time has been written off in depreciation Feak in 1937. Commercial uses of gus consumption reached an all-time of assets.

peak in 1937. Commercial uses of It is worth noting that the sum gas also increased during the past received from Blackpool for the transfer of left winger "Ken" Daw-year, May said. Son, is not Included balance-sheet.

The

In this year's

following players have been sidering that the income from the signed for next season:-M'Kie, Nis Scottish Cup was down considerably bet, Shankly, Keyes, Fleming, Peat, from that of recent years, the amount

must be regarded as eminently satis Tullp. Duffy, factory.

Sharp, Bolt,

Anderson,

kerrell, Huskie, MPherson. Sinclair, Baxendale, Trot- The subscribed capital, of the Com- ter. M'Phee, Brown, Teller, Macfar-pany is £15,000, while the sum of lane, M'Lellan, M'Lachlan, Mackreli, £1,800 stands opposite sundry credi and Wilson.

tors. The amount at the credit of The annual meeting of the share-the profit and loss account, including holders was held on Thursday, this year's profts, amounts to £21,- June 16,

The ground and stands, which have been consistently written down during recent years despite their up- now stand at to-date conditions,

CELTIC'S FINANCES

BALANCE-SHEET SHOWS

PROFIT OF £7,105

518.

£20,000.

The Company has also a substan- The balance-sheet issued by Celtic' tial investment of £10,000 3% per Football Club to their shareholders Cent. War Loan, all of which points announces a pront of £7,105 for the to a very satisfactory Anancial con- year ended April 30, 1938, and con-dition.

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