William Powell Make $91,000 Profit &
Send Pay
TODAY'S ANNUAL MEETING
At the Annual Meeting of Messrs William Powell Ltd., held in Exchange Building this morning, Mr F. C. Barry (Chairman) stated that the profit on working for the year amounted to $91,229, despite the fact that sales were somewhat restricted in the spring of last year owing to shortage of stocks. It was decided to pay A of $1 per share.
dividend
Mr Raymond carly this year. of stocks.
After
The profit on working for the year, which is the first full year's The Chairman snid: Before pro-working after the wor, amounted to ceeding to deal with the accounts, I $91,220, despite the fact that sales wish to refer to the loss the Com- were somewhat restricted in the pany has sustained in the death of spring of last year owing to shortage Mr E. M.
charging directors' fees, accountancy charges for special work tion
(in connection with the reconstruc- of the Company's Registers, etc.), and audit fee, there remains balance to he carried to Profit and Loss Appropriation Account of $84,313, which, with the balonec brought forward from February 28, 1047, namely $140,002, makes totul of $224,016 at credit of that Account.
APPROPRIATIONS
served on bur Board for many years and the assistance hia long rendered by him during association with the Company invaluable. I am sure I voice the deep sympathy of you all with his widow
and relatives in
bereavement.
Hongkongites
Meet Again In London
was
their
Mr LC, F. Bellamy, formerly General Manager of the Hongkong Tramways recently had the pleasure of meeting In London a large num- ber of past and present Hongkong residents, he discloses in a letter to a Hongkong friend.
Your Directors recommend that the following appropriations be effected: Reserve for Corporation Profts Tax 1947/48 and 1948/49 $10,500; Transfer to General Reservo 160,- 083; Payment of Dividend at $1
4
'THE HONGKONG TELEGRAPH, FRIDAY, JULY 16, 1948, -
Four Killed Celebrating Graduation
GENDARMES & STUDENTS
FIGHT ALL DAY IN TWO
per share (tax free) 42,000; making KUNMING UNIVERSITIES
a total of $221,493, and leaving a balance amounting to $3,422 to be carried forward to next account.
In recommending the approprie no of $160,003 to General your Directors have in mind the desirability of selling aside an amount sufficient to provide for the War Losses of $111,993 and also to conserve the Company's resources against anticipated outlays in connection with the furnishing and equipment of new premises, when these can be obtained on sult- nable terms.
Mr Bellamy attended the Vic torian Diocesan Association reunion at Victory House, Leicester Square where he met Sir Andrew Caldecott, Blahop Hall, Bishop Halward.
Can
non Horry Baines, Cannon Swann, In directing your attention to the Professor and Mrs L. Forster, Mr Balance Sheet I would first ask you
Wolfc. E. D. C.
Mr Stoddart Ken- nedy
(another old Hongkong Tram to note that the policy of conserving resources to which I referred at our ways manager), Mrs and Miss Black.
last meeting, and which is followed Rev. G. T. Waldegrave, Mr and Mrs
Aucott, Mrs Murdock.
ck. Mrs Dowbig-in the aforementioned Appropria-
tion to General Reserve, hus enabled
Shanghai, July 16. Two gendarmes were killed and more than a hundred gendarmes and students in- jured in a daylong, floor to floor battle in two univer- sities in Kunming yesterday, according to Chinese re- ports.
Mr Truman
Enrages Republicans
Washington, July 15.-Most gin, Miss V. E. Thomas, Sister M. the Company to build up a strong Republicans expressed anger Wood (both formerly of the Matilda Hospital), Mrs Edgar Davidson, financial position Lady Grayburn, Mra J. B. Holmes, Stocks and Cash for anticipated re-today at President Truman's
and Mrs Grimble, sen.
The previous day, snys Mr the Royal Bellamy, he attended Empire Society meeting and heard Lord Killearn deliver an address on Southeast Asin, followed by short speeches by Mr W. Fletcher, MP for Bury. Mr L. D. Gammans, MP for Hornsey and the IIon Morse, CBE.
quirements.
with adequate
call for a special session Congress on July 26,
They accused htm of playing "cheap politics" and said it was un- and that nothing good necessary could come of it.
SURPLUS ASSETS Our firal post-war Balance Sheet as at February 28, 1949, chowed a surplus of Assets.over Liablilties of
Their bitter reaction Indicated only $48,649, whereas at the end of the period now under review this that the 80th Congress may recon- to 8107,422, vene in an atmosphere of the worst surplus has increased after providing for the Arthur
proposed partisan strife the nation has known Dividend in the sum of $42,000. since it was plunged into World War
II seven years ago,
PLANE CRASHES INTO HILLSIDE
sure,
There were grave
doubis
described In The gendarmes, Central News dispatches na "strict- ly unarmed," stormed into the com- pus in an effort to eject about 400 school students barricaded in the buildings.
According to the reports, the students attempted to drive out the gendarmes by hurling bricks, stones,
acid Alled with glass balls other missiles.
READY FOR SIEGE
and
J
Police Investigator R. S. Tubbs studies the wreckage of an automobile in Los Angeles in which four Long Beach, Calif., teen-agers, a boy and three-girls,, were killed at the end of a night celebrating their gradua tion from high school. Two other boys, including the one seen in the rear seat, were severely 'injured. Police said the auto leaped the curb and crashed into à palm tree-AP Picture.
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Sermon Play by Alan Lekkoy and Thomas Willamian
From Story by Paul 1. Wellman eMusic by Man Steinari
Directed by RAOUL WALSH
ADDED: LATEST GAUMONT BRITISH NEWS WIMBLEDON CHAMPIONSHIP OPENS
Letters To CENTRAL.
The Editor
The Writings Of Brigadier Glubb
to
Sir, May I be permitted some space in your esteemed paper bring out the following in regard to your review of yesterday about Brigadler Glubb's book:
The students, in preparation for a elege, were reported to have built of weapons in protest against the ar- up a stockpile of both food and in rest of several fellow students connection with the recent anti- American Japanese ald policy.
The steel-helmeteđ· gendarmea braved a rain of falling bricks and In The Times' Weekly Edition of dashed Into the ground floor and May 26, Mayor Lyall Wilkes, M.P., finally cleared up one university writes as follows:....that many of but another deflant group still held the present Arab political and mill- out on the top floor of the Yunnan tary leaders including Fawzi El Kawukji and the Murti, elther spent Provincial University building.
Central News quoted the Yunnan the war in Germany working for University authorities as reporting Hiller or had to be interned by us, extremely heavy damage with the but also forgets what happened in total loss of the physics and chemis-the Middle East between 1939 and try laboratories. It also quoted the 1945, Gendarmes Headquarters as saying that two soldiers were killed 57 wounded, while the student leading casualties were given as 17 jured. Three students were arrest- ed-United Press.
that
much could be accomplished under such conditions.
There appears to be nothing ure ful I can add a reference to the accounts before you except to state that the results shown will, I am
be regarded by shareholders DEMOCRATS PLEASED as very satisfactory.
Mr Truman made it plain that in Before concluding I would men-such a casa he was prepared to go tion that the present arrangement before the country and accuse the of working in conjunction with the Republicans of falling to live up to July Peiping,
16.-Five crew men's wear section of Messrs Lane, their Party's platform pledges. members of a Chinese Air Force Crawford Ltd., at their Exchange Democrats generally hailed the killed when Building premises will, we hope, President's move. Many considered. transport plane were the plane crashed into the Western continued until such time as suitable it a bold stroke of political strategy accommodation
can
bo hills, 15 miles from Paiping, yester-central.
designed to put the Republicans on Under this arrangement the hot spot politically. And even day.
co-operation of the staff we have the com Air Force sources sald today that of that Company and to them I ex-some Republicans admitted privately the plane, which was on a practice tend on behalf of shareholders our; that the President "seems to have us
in a corner." a forced landing thanks run, attempted
for the excellent working
One Republican sald, "If we do as when fuel ran out affer frantically results during the year, Share
he asks, be will claim all the credit in interested circling the airfield which was closed holders will also be in by fog for hours.
know that the engagement of a first the election campaign. If we don't, class "West End cutter is being he will attempt to throw the blame
on us for blocking his efforts," All the five Air Force personnel negotiated and his services will. I In the meantime, Mr Truman put aboard the training flight were killed instantly or burned in the plane, hope, soon be at the disposal of our in motion machinery for getting which was said to be reduced to patrons. cinders almost instantly crash-United Press.
after the
General Strike
Called Off
(Continued from Pare 1)
secured.
OTHER BUSINESS Mr Wong Chi-po seconded the pro- posal for the adoption of the Report and Accounts.
Mr D. L. Prophet proposed, and Mr R. A. Dastur seconded, that Mr S. Hampden Ross be re-elected
Director.
Congress back to work. He issued a formal call for a special session, saying that "public interest" and an "extraordinary occasion" require it.
SPECIAL MESSAGE
and
"In 1944 Brigadier Glubb (now the Arab Legion in its and no assault against Jerusalem, In
pro-Zionist surely), writing when the Arab war effort was still close enough to defy oven Foreign Office attempts to romanticize it, said: "At the time of these operations every that Arab was perfectly convinced Britain was finished-for-ever and that it could only bo
a question
Travel Ban May Be Rescinded
police
Shanghai, July 16-Strong pos- regulations requiring sbilty that the recently enforced foreigners to obtain special permita before leaving the city wherein they reside would be rescinded was dicated by Nanking reports today.
from
of weeks before Germany took over Arabia. The Iraqis were perfectly sure of this or they would not have declared war on us....in brief, during the six weeks before the fall vinced that we were done for. Every of Baghdad overy Arab was Arab force previously organised by us mutinied to fight for us or faded
con-
away in desertion. (page 214-215 of Somerset de Chair's "The Golden Carpet").
of
Following a storm of protests the foreign communities against the regulations. City Government
No doubt when Glubb wrote this officials here said they have re- he would remember (what General The White House Press Secretary, quested Nanking for a modification Spears had forgotten) that, although Mr Charles Ross, said Mr Truman of the regulations.
the Jewish population in Palestino Arab, would send Congress a special mes-
Ever since the enforcement of the was only half that of the sage on opening day and perhaps
the number
to On the proposal of Mr Wong Chi-more later. He said it had not yet new law, the offices of the Foreign more than twice
for service Jows volunteerext I'oilee the Presi-Affairs Department of the po, seconded by Mr R. A. Dastur been discussed whether Messrs Pent, Marwick, Mitchell & dent would appear in person. Headquarters have been swamped protect our Mediterranean position; of pleasure seekers and that at the time when the Iraqis Co. were re-appointed Auditors.
Present at the meeting were: Mr nouncement
President Truman's surprise an- by hundreds
of a special session wishing to make a trip to nearby declared war against us, and British tanks had to be driven into Abdin resorts, C. Batry (Chairman), Mr S over-
King Palace yurd
compel Democratic Presidential nomination Hampden Ross, Mr W. A. Stewart came in his speech accepting the
Mr
So heavy has been the congestion Farouk's consent to appointment of A. W. Brown
Mr F. Wto Philadelphia carly this morning that many foreigners are known to
Government under (Directors),
a pro-British (Managing Director). Verel (Secretary), and Messrs D. L. He said he was bringing the law have walled three days before they Nahas Pasha, Haganah men Prophet, Wong Chi-po, K. F. Walker, makers back to the capital's humid were able to secure a permit for a R. A: Dastur, A. Z. de Souza, B. D. climate to do something about high 24-hour visit to a resort less than being dropped as British agent in was S. Evans, M. T. Wong (Share prices, housing and other "vitaily ten miles outside the city limits enemy territory, that Haganah men
Reuter. needed" measures-United Press. thrown at the doors of the Rightist holders).
Giornale Della Sera, 12. 'newspaper, but it falled to explode.
of Milan, several thousand workers stormed the local prison, powered the guards and liberated five Communists who were arrested on Wednesday.
At Varisc in the Milan area, a
Communist was killed by the police. In Rome, a gasoline bomb
Signor Scelba said that workers who occupied the Flat and Miraflori factories nt Turin are holding the company directora as hostages.
F.
LIFE IN LAICHIKOK FEMALE PRISON
He said the Communist Senator, Vincenzo Moscatelli is directing the workers and warned: "You Com- munist deputies and senators must act to avoid bloodshed between the
which
will workers police and
With the Commissioner of Prisons, happen unless workers abandon this attitude. The
in Mr W. Shillingford, and Commander a group of re- Turin will hurt the workers most. W. Lane Harrison,
to tour the The police are ready to take action | porters were tavited to get the workers out of the fac place this morning, and were met tories and release the Flat directors." by the Matron, Miss Remedios.
consequences
The Leftists' only answer was a prolonged cheer of "Long live the workers of Fiat." United Press.
1,000 People Die In Canton Stroots
Canton, July 10Close to 1,000 dead bodies were picked up from the streets of Canton during the six months: from January to June this year,
The highest figure was recorded in 'January, when 190 bodies were
In March-197-Reuter,
in
to
were
were recognised by G.H.O. as the defence forco one reliable local
the one base whose and Pulcsting loyalty WES never in doubt for a moment.
Iraq
120,000
19,000,040 40103,430 400,000 3000.020 1,100,000
270 QUEEN'S ROAD CENTRAL PHONE 25720
TO-DAY AT 2.30, 5.15, 7.30 & 9:30 P.M.
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BOB HOPE
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"The PRINCESS
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VIRGINIA MAYO. Walter Slezak-Walter Brennan Victor McLaglen
Directed by DAVID BUTLER
CHNICOLOR
Screenplay by Den Hartman, Mahville Shavelson and Everett Freencen
STAR
Phone 5833555
17 Hankow Road, Kowloon.
TO-DAY-
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2.30, 5.10, 7.20 & 9.30 p.m..
AGAIN TOGETHER!
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HUMPHREY
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DARK
The above events took place at Solid concrete walls sep-bit of meat. Tonight's dinner will speak to prisoners through a grill the time when Hongkong was under
be fish and rice.
once a month. Letters can also be arate the 350 prisoners of the Sleeping quarters are clean and sent and received tonco
a month. enemy occupation. Laichikok Female Prison from airy. Long termers have a cell to These facilities, and others, such as
With regard to the Land of the the outside world but they themselves out of a block of twenty- allowing prisoners to hold their own Arahs, for comparison purpose the gures may be of In- are scarcely noticeable as one four. Otherwise they share a dor-concerts or amuse themselves singing following
mitory with about 80 other prisoners rongs, are removed for any serious
terest to your readers: and are in bed by six. enters the place.
but they The Hospital misdemeanours,
rarely
Sq. miles Arab Leaguo can cops with about 12 patients at occur,
Matron says. She has been
1,000,000 a time but many are always waiting connected with her work for 10 audi-A
350,000 Saudi-Arabia'
75,000 for attention from Dr Ling.
out as a wardress, Yemen years, starting
1,930 About 50 per cent are in for petty and has a staff пада of about 25. Kulwat crimes with sentences
Muscat & Oman of a month None of them is armed except the Bahrein Island and under and only about 12 of four Indian watchmen who are on Egypt them have to stay 18 months or rua
guard day and night and accompany Franjordania In spotless surroundings, prisoners more. Women hawkers spend only the prisoners on forestry and general syrin
khaki-coloured uniforms were a week in prison and are permitted
around Lebanon engaged in some useful occupation, to bring in their babies, which work they also have to do aro
camp...
Total Long term prisoners are taught
costly, makes their upkeep very
They appear to be a contented Italy or as they all need clean clothes and lot on the whole except for the re- Germany useful trac
trade, such as weaving sewing, and those that come in for attention, and are not long enough mands who need not wear the
Driz Pria China Proper short period may be asked to there to serve any useful purpose son uniform, and the deportees, who Belgium ano
in the kitchen, to grow vege or to learn anything that may come don't seem very keen to leave the Palestine
NEW LEGATION tables or to learn the art of good of use to them. There were
Colony again, Only on one laundering. Allempts are made to babies in the compound today...
has Matron canlon, however,
Manila, July 15. Norway in find work for prisoners on their re
Most prisoners aro anxious to ceived a letter of thanks and is
ruthier
establishing a Legation in Manilo, It case, but Matron ands this one of!
usetosed today, The first London, July 16-The British was of an elderly lady ber most difficult tasks,
recovery vessel Simbang Minister will be M. Nicolai Aall, The prison bell rang at 11 o'clock yot available for lunch and prisoners fled up for of any library, although the prison who was in for life for the killing torpedo a mug of bean and rice congee and staff have expressed their willingness of her daughter whilst under the has been transferred to the Malayan who is concurrently Norwegian Am
and who was Royal Naval Volunteer Reserve as a bassador to China, who arrived hero. a thick, alice of bread and butter. to accept reading matter for the pri- Influence of
day, soners and to start a library it people They have three meals
18.
dearn reading or have they the use the story
facilities are not proud of.it Sho
TC-
also re-
Population 10,000,000 0,000,000
3,500,000
100,000
,000 230 380,000
500,000
175,000
34,740
outlying
84300 3,000
2,100,00 110,000 143200 2,279.134 4,314.007 11.773 10,420
TRUTH PREVAILS
48.070,834
45,040.000 67,032.243
402,000,20S
1.000,004
ΠΕΤΡΟΠΟ
PASSAGE
old lady's home because of her lost during the war, the Admiralty his formal presentation of credon
announced tonight, Reuter,
tials to President Quirino-Reuter. of bread, vegetables and perhaps a Visitors are allowed to see and exemplary behaviour.
picked up. "The' lowest figure was Breakfast at six, may include a slice will send in books and magazines / afterward, and sentito on replacement for a Malayan ship yesterday to make arrangements for ·
Released by RKO RADIO a
PICTURES
CHINESE Grand Opera
Under the distinguished patronage of | Via Excellency the Governor and Lady
Grantham.·
at the
KOSHING THEATRE
on
JULY 16, 17 & 18
at 8 p.m. FAMOUS
ALL STAR CAST
in aid of the Funds of the Women's Auxiliary of the Hongkong Society for the Protection of Children.
TICKETS on Salo at China Emporium Ltd., and Tho H.K. Chinoso | Women's Club, 4th Floor, Chung Tin Bldg.
EARLY BOOKING 18 ADVISABLE
PRESS PHOTOGRAPHS
Copies of photographs taken by the South China Morning Post and Hong Kong Tolograph Staff Photographers are on view in tho
Morning Post Building.
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