The Straits Budget, 9 July 1953

Total Pages: 20
1 20 The Straits Budget
  • 29 1 The Straits Budget THE WEEKLY ISSUE OF THE STRAITS TIMES MALAYA'S NATIONAL NEWSPAPER yj V Series No. 362. Thursday, July 9, 1953 Price 40 cents (Malayan) Or I shilling.
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  • Page 1 Advertisements
    • 134 1 kf* -J V More than a great Engineering Organisation ...A NATIONAL INFLUENCE < ■c. m i; LJ Wfr v F•• •&/BU xjfl ■/-jB Jf A*?I WM I ’tf •■iM V Sf* -J& r •</''' V. U L L f* lA > «< V A ‘i >• -.Si v I?VS. v'
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  • From THE STRAITS TIMES POSTBAG
    • 356 2  -  J. s SiHßapore. is the use of our Legislative Council? How does it protect the interests of the public? We have recently had two positively scandalous instance* of “backstage politics” to which the unofficial members have been, party. To their eternal shame, be it said, they connived in
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    • 227 2  -  LEX. Singapore. YOUR LEADER on “The Colonial Judge” is full of constitutional interest. I think I may say that I take a more than usual interest in matters affecting the British Constitution and its dependencies. To put it pointedly yet delicately, the Bench in Malaya has
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    • 134 2  -  THAM CHINO YOON AuaU Lumpur. read with great admiration Sir Charles Mathew’s recent statement, that the time would come when the Judicial Department will be staffed by persons qualified in Law He also said that the present magistrates would bo given an opportunity to become members of
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    • 72 2  -  ti. A. YOUNG. Singapore •THE Singapore Traction Company has put on special buses for school-children only. But these buses are &lso used by adults. As a result, school-children find it very difficult to travel by them. I hope the manager of the S.T.C. will give a warning to
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    • 173 2  -  VOX POPI’LI. Singapore was very surprised t; hih that Mr. Haxworth Traffic Police is to go be Te l tribunal on a charge oi insubordination. The charge apparently lsp out of the statement m; hv Mr. Haxworth at the > Club lunch which, is a was likely to
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    • 39 2  -  ON THE CARPET TOO. Singapore. IT seems to me that Messrs. Byrne and Haxworth are being charged with the wrong “crime” and that the charge against them should therefore be amended to “giving expression to public opinion.”
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    • 239 2  -  PADI A. KRISHNAN. Secretary. Shop Assts.’ Union. Kuala Lumpur. MAY I request some space on behalf of the Indian shop assistants? There seems to be a hue and cry against the coming immigration restrictions. I think these restrictions would help raise the standard of living
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    • 410 2  -  FAIT' AY 'j Penane. lAM SURPRISED that Mr Souter could not understand the working of a Government Department, such as the War Damage Commission. This 4s not a commercial firm dealing in commodities but a department handling public money for distribution in a fadr and
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  • Page 2 Miscellaneous

  • The Straits Budget
    • 636 3 Straits Times, July 2. Con t’.t itions between the fiingar n Government and union n presentatives on the implementation of the Ritson recommendations have got off to an unhappy start. Ten minutes after it began the consultation. as far as 20 of the unions V
      Straits Times, July 2.  -  636 words
    • 383 3 Straits Times, July 2. Past experience was the answer to anybody who doubted the need for an international agreement on tin. said Belgium’s Colonial Minister at the opening of the Brussels meetng of the working party set up by the International Tin Study Group. Nor can there
      Straits Times, July 2.  -  383 words
    • 262 3 Straits Times, July 2. Very wisely the Singapore City Council has moved back to committee the recommendation that the Council should surrender to the Government its powers as a highway authority. The present system admittedly has proved unsatisfactory. There will have to be a change. But it is
      Straits Times, July 2.  -  262 words
    • 648 3 Strains Times, July 3. A spokesman for the Federal Government has now reaffirmed the Colonial Office’s interpretation of Whitehall’s responsibility in matters concerning Malayan trade. It is a statement vhich unquestionably should ~ngage the attention of the legislative Council. The Council must know where it stands v
      Strains Times, July 3.  -  648 words
    • 306 3 Straits Times, July 3. The price of synthetic rubber may Co up three rents a pound when the American Government’s synthetic rubber facilities are finally sold to private interests, the Senate Banking Committee was told yesterday by an R.F.C. expert. There have been all sorts of estimates of
      Straits Times, July 3.  -  306 words
    • 250 3 Straits Times, July 3. The renewal of discussions hetween the Singapore Government and unions represented on the Council of Action mav be expected following yesterday’s decision by the Government to transfer Mr. Rvroe immediately from the Establishments branch to Jiis new post. The discussions collapsed when the Council
      Straits Times, July 3.  -  250 words
    • 686 4 Straits Times. July 4. The monthly report of the i Labour Department offers an- j other reminder oi the danger J of generalisations when discus- sing the* labour situation. While it is true, for instance, that the decline in the price ot rubber has led to
      Straits Times. July 4.  -  686 words
    • 474 4 Sraits Times. July 4. For the first time since the war the international price of rice is falling. It will be a long 'ime before the benefit reaches the housewife in Malaya, for the Malayan Governments must still be losing money on heir contracts, but it is good
      Sraits Times. July 4.  -  474 words
    • 147 4 Straits Times, July 4. “Nights of Gladness” was the theme song played by the Police band at yesterday’s formal opening of Singapore’s new power station. The nights have been glad for some time. Although far from completed, the new station long ago ended the dismal era of
      Straits Times, July 4.  -  147 words
    • 904 4 —Straits Times, July 6. A successful eight day operation in Pahang, south of Vlentakab. furnishes an excelent footnote to the official summary of the anti-Commun-ist campaign in June. This Pahang operation was the biggest of its kind. Nearly two thousand troops and police took part, and
      —Straits Times, July 6.  -  904 words
    • 319 4 5. f —Straits Times W Propaganda is the first and most obvious commodity featured in the reported £6O million trade agreement which the New China news agency states has been signed in Peking between a British business mission and the Communist National Import and Export Corporation.
      5. f —Straits Times W '  -  319 words


  • 1063 5  -  By MANNING BLACK WOOD 1906, a total of 42 Isinirapore citizens were the proud and sole pov seSSO rs of the benefits of one 01 the new wonders of the wrrld —electric light and p; »wer. In that year. t he 4- consumers who boudh the power generated
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  • PERSONAL
    • 136 5 rtEDMAN.—June 27th at Oreennill Nursing Home. A daughter for June «fc Dennis Redman RICHMOND: To Jean wile or John Richmond, a son, on 2nd Julv at Bungsar Hospital, both well HOSKINS: To Margot and John, at Greenhlll Nursing Home, on th*» Ist July, a daughter. Laura Margot. BRIDGE: To
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    • 87 5 rHE engagement Is announced oetween William John Robertson, Malayan Polite, eldest son of Brigadier H. P. P. Robertson. 0.8. E of Odiham, Hampshire and Mrs. P. M. Riley of Paxford, Gloucester-' shire, and Patricia Averil, daughter of Mr. and Mrs. A. P. Pltzherbert of Sheldons Farm. Hook. Hampshire THE
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  • 495 5  -  By BELL FISH pATROLS of No 95 R A.F. Regimem Squadron, floundering waist-deep through jungle swamps in North-West Selangor, recently waged their most positive campaign ever against Communist terrorists. No. 95 Squadron, with 250 Police and Home Guards, was assigned to Operation “Lincoln.” Object: to
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  • 92 5 DEATHS R V. REGGIE” Meyer, beloved husband of Ray and father of Ken, passed peacefully away at the Singapore General Hospital, Sunday, July sth, at 7 a.m., aged 56. MR JOSEPH ROCH. M BA., late retired Accountant of the Kuala Lumpur Municipality, expired peacefully on July 6 at 2.45 p.m.
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  • 6 6 Photo: peter Jackson
    Photo: peter Jackson  -  6 words
  • 703 6  -  CYNICUS SINGAPORE. July 4. SINGAPORE City Councillors have been blamed by the City President, Mr. T. P. F. McNeice, for delays in the transactions of public business. Councillors, it now seems, are not quite sure what he meant. Three of the elected Councillors agree with Mr
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  • 1092 6  -  HI an. STANLEY SIR Heavenly Monkey I HAVE just been delving intu a draft report o n the cullt oi the Heavenly Monkey iCh’iTien Ta-Sheng> in Singapore. It has been compiled by Alan Eliiot for a body known by the rather unwiedy title of “The
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  • 174 7 A% ncnch- intly .is though he v*erc standing on pivcm nr ,r oplejack "Jock" Pratt hoists a huge Ln on Jack on the top of one of Pasii Panjang power sf’.ons 255-tcoi -high chimneys. Sixteen v t 3rs a steeplejack in Scotland and Australia Jock c.imc
    .—Picture by Peter Robinson^  -  174 words
  • 629 7  -  TUAN DJEK. UEFORE the war August J was generally a dry month in this district, and was responsible for u secondary wintering of the rubber trees. No doubt some trees that had failed to do this earlier in the year did so m August, but there many trees
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  • 919 7 Hill of ‘‘no tin’* FEW yards to the right of the main north-south road that runs to the SingaporeJohore Causeway there rises, as you face Johore. the quarried cliff of Bukit Tinrjah Hill crowned by tali tufted trees that lringe the nature reserve. Below it Bukit Timah
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  • 158 7 (From the Straits Times of July 4, 1903.) ANEW Steamer, the Oranje, recently constructed, will enter -service in the Indies soon. She embraces all the most, hiodern improvements throughout. Her length is 407 feet, and she has a speed of 15 knots. The shin excels by its
    (From the Straits Times of July 4, 1903.)  -  158 words

  • 183 8 IPOH. July 2. A TRIBUTE to his good work for education in his 12 years in Perak was paid by the Mentri Besar at yesterday’s meeting of the State Council when he referred to the impending retirement of Mr. E. C. Hicks Senior Inspector of
    Straits Times picture.  -  183 words
  • 100 8 LONDON, July 1 Two former Malayans died at Exmouth. Devon, on June 29. They were Lieutenant Colonal G.M.P. Hornidge, formerly f Ipoh, and Mr. Justice Charles Russell Stuart, puisne judge for Nigeria, who was born in Singapore 58 years ago Lt-Col. Hornldge lived in Malaya for
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  • 22 8 i JOHORE BAHRU, Sun.— Mis* M. McCarthy, assistant matron, General Hospital, Jobore Bahru, ha* been transferred to Muar Hospital as matron.
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  • 320 8 Reuter. LONDON, July 2. JJAJA Sir Uda bin Raja Muhammed today became first Malay Commissioner of Malaya in Britain. He took over his new duties without speech or ceremony and began taking phone calls in a small but comfortable room which commands a
    Reuter.  -  320 words
  • 208 8  - COLONY JUDGES: OLD LA W ENOUGH From HALL ROMNS LONDON, Jul, i Questions arising o \r of the recent T* rreli case decision, uiging legislation to give Colonial judges the same protection as judges i n the United Kingdom, were put to the Secretary of State for the Colonies in
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  • 110 8 SINGAPORE. July L\ Dr. c a. O&bson-H* elected president of tb Singapore Camera Club at Me annual meeting last night Mr. Loke Wan Tho and Mr 5. L. Velge were elected vicepresidents. Other members of the committee of management arc secretary: Mr. Sor Teow Seng; assistant secretaries:
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  • 29 8 SINGAPORE. Julv Mr. W. J. B. Hunter, viser on technical eo under the Colombo arrives by air today fro: lington, New Zealand. < way to Ceylon.
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  • 67 8 SINGAPORE. July 2. Officers and men of the Ist Battalion, Fijian Regiment, yesterday welcomed Fijian chieftain Ratu George Cakobau at their Jungle camp in Batu Pahat. The chieftain is on his way i home from London, represented the Fij ernment at the Cor celebrations. He will stay
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  • 317 10 SINGAPORE, July 2. THE last three Japanese war criminals left Singapore yesterday for home in a Japanese freighter. They were Tomeju Mitsuo, 39, from Nagasaki; Sadazumi Taka, 47, from Wakayama; and Asaichi Hamao, 47. from Hiroshima. They were collected yesterday morning from Changi Gaol by
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  • 82 10 Here is Mr. Lionel V. Hudson. 37, former Australian Associated Press correspondent in Singapore, who has been chosen as the Australian journalist for the 1953-54 Nieman Associate Fellowship. This carries a year’s study at Harvard University, in the United States. Mr. Hudson began his newspaper career in Sydney
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  • 115 10 KUALA LUMPUR. July 3. MAIN role of the RAF last month was in support of the food denial operation against terrorists in Selangor, an RAF statement said today. Lincolns and Hornets from Tengah, and Butterworth made 44 sorties In this campaign. Vallettas from
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  • 56 10 SINGAPORE. July 2 A Singapore student 23-year-old J« rry Lim Kay Song returned lrom the United States by BOAC today alter four years’ study at Yale University where he gained a Bachelor of Arts degree (economics major k Lim, was president of the Malayan
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  • 56 10 KUALA LUMPUR. July 2. Two more Communist terrorists have been killed by Security Forces in the Federation and two have surrendered. The First Fijians killed a terrorist in the Yong Peng area of Johore and the other was killed by the 2,2 Gurkhas in the
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  • 206 10 Fence-sitters on our side now —Templer KUALA LUMPUR. July 2. The High Commissioner. Sir Gerald Templer, told Australian radio listeners tonight that Communist terrorists in Malaya were down but not out. Sir Gerald’s talk was recorded before he left Kuala Lumpur for a short holiday in Hong Kong. It was
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  • 268 10 From HALL ROMNEY LONDON, July 2. lANE of the projects which General Templer has in mind for the education and character training of >oung Malayans is an establishment on lines similar to Britain's Outward Bound schools. Chairman of the Trust, Mr. G. S. Summers, said
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  • 33 10 Mr. J. W. Anchant of Singapore, second engineer of the Rajah Brooke, and Miss Molly Caroll of Sarawak, after their wedding at the Church of th e Good Shepherd, Singapore on June 30.
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  • 143 10 SINGAPORE. July 4 Throe-year-old Bridge?, usually goes to bed by e p.m.. stayed up late night. With her yo’mvar sister. Lynette. and fath she waited at Kallanc port for her mother. Legislative Councillor Mrs. Fli/jbe’.b Choy. who returned by nn from Britain. Mrs.
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  • 56 10 PARIT BUNTAR. J- 'T The adopted son of I bin Haji Daad of tin' tural Department. Pa: tar. Raja Azlan S: passed his L.B from 1 versity of Nottingham Raja Azlan Shah youngest son of the Perak. He received education ®t the Yousof SchooC
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  • 834 12 SINGAPORE, July 4. THE Governor of Singapore, Sir John Nicoll, 1 formally opened Singapore’s multi-million-dollar power station at Pasir Panjang yesterday and called it a “mighty enterprise.” It was, he said, “far and away the biggest power station under construction in any dependency
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  • 51 12 ALOR STAR, Wed. The finance committee of the Rural and Industrial Development Authority has approved a $160,000 loan to the North Kedah Co-operative-Banking Union to help finance its societies to assist their padi planting members to repayable before May 31, 1954 at 4 per cent
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  • 169 12 KUALA LUMPUR. July 2. jpEDERATION trade unions will ask the Government to nationalise tin and rubber. Their reason: “Instability of prices” in these industries. This is among 36 resolutions to be placed before the Malayan Trade Union Council in Kuala Lumpur on
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  • 131 12 SINGAPORE. July 3. A Singapore schoolmaster Mr. Lawrence a. Sheperdson, will find sailors sittii the classroom when he starts work at his new school next month. Mr Sheperdson. a JJ--ear-old teacher at the Telo* Kurau Government School, has been loaned to the Royal Malayan Navy for
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  • 102 12 KUALA LUMPUR. Job 3. 4 YOUNG attendant in the General Hospital here last night took on his underpants and avr them to a drunken man who was brought in linked by a policeman. The attendant, S. K®' malingam. aged 24, as at the reception room
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  • 336 13 KUALA LUMPUR, July 4. tH IKTEEN Communist terrorists have been killed in an eight-day air and lard offensive by security forces in the Kemusal Forest Reserve, south a Mcntakab, in Pahang. Ihe offensive, one of the biggest of its kind ever
    336 words
  • 75 13 SINGAPORE, July 6. Governor has appointed M:' F Smith a NomiUnoflicial member of M’.'-iuporo Legislative Council P:,uc Of Mr. A. McLellan as resigned on leaving Mneapi-re. Smith who Is now chairSi* the Malayan Rubber riegLstration Board, was v managing director of -'o.-jv and Company. )vm-'il!
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  • 50 13 A drews Mission Hos•ol] ia l appeal committee w m t( 540,562 during its nual “hospital week” •p.‘ jr comes from: tl 7ci" *°w at the Pavilion., aj f takes and misfits” f donations. $16,11 and mahjong drive, i’t Ma day, $11,048; mes Coronation exRot/.nstons, $225.
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  • 297 13 KUALA LUMPUR, July 5. pOLLOWING the great victory by combined air and land forces in the Kemusal Forest Reserve, Security Forces killed six more terrorists yesterday. A patrol of 18 Federal Jungle Company killed two when it attacked a big camp north of Grik, on the
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  • 58 13 SINGAPORE. July 6. The 28.000-ton tanker Velutina, owned by the AngloSaxon Petroleum Company (Eastern) Ltd. arrived in Singapore yesterday from Cn o The Velutina, which loaded special boiler fuel in Curacao, will stay here for about a fortnight and then leave for Persin Gulf. She is
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  • 38 13 Mr. Justice R. D. R. Hill of Kedah recently assumed duties as additional judge in the Supreme Court, Ipoh. in place of Mr. Justice O. E. Pretheroe who Is now Acting Chief Justice. Federation of Malaya.
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  • 102 13 SINGAPORE, July 5. Specialist musicians, experts on the viola, bassoon, French horn and oboe, will play music for Mr. A. T. Read, Deputy Director of Broadcasting, when he goes to Britain on leave shortly. If their music sounds pleasant to Mr. Read's ears four of
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  • 133 13 SINGAPORE. July 3. AUSTRALIA and New Zealand are ready to train more technical experts for Malaya, Mr. J.B. Hunter, the New Zealand Colombo Plan adviser on technical education, told the Straits Times yesterday. Mr and Mrs. Hunter (above) arrived in Singapore yesterday for a four-day
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  • Article, Illustration
    55 13 .Mr. T. S. Khoo, Chief Sub- editor of the Straits Times, and Mrs. Khoo, who left on July 4 aboard the LloydTriestino liner, Asia, on six months* leave in Europe. While in Britain, Mr. Khoo will visit the Fleet Street and provincial offices of several of Britain’s
    —Sunday Times picture.  -  55 words
  • 254 13 SINGAPORE, July 5. SINGAPORE doctors arc worried about the City’s Council’s delay in providing more playing fields ar d open spaces for the Colony’s children. Nearly 18 months ago, the Singapore Playing Fields Association, after months of investigation, told the city’s Town Planning Department these
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  • 177 14 IT WAS IN Park Lane’s flashy Dorchester Hotel, in the West End of London. But you wouldn’t have thought so. It might have been a ballroom in Kuala Lumpur, Singapore or Penang. The Dorchester haJ
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  • 128 14 PENANG. July 5 surcharge lot < .ictri- city in Penang b< rvduced from 10 per ant t 5 per cent because chea; ;ue. oil is available. “This will mean less income for the Municipality but h will also mean le<s expenditure,” Mr. S. V. Adi Municipal
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  • 228 14 SINGAPORE. July 4. 'THERE were 54 bankruptcies in Singapore during the first six months of this year, the Official Assignee. Mr. W. G. Alcock, disclosed yesterday. The amounts involved have not yet been added up, he said, but are not as high ad last
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  • 614 15 SINGAPORE, July 3. Till Singapore Government yesterday announced that Mr. K. M. Byrne, one of its assistant secretaries will be on the staff side in future discussions on the Kitson pay scheme. Hus has been made possible by his immediate t
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  • 168 15 SINGAPORE. July 2. THREE leading Singapore A lawyers will represent Mr. K. M. Byrne, a member °f the Colonial Administrative Service and Council of Mtion leader, when he apPearv before a Governmentappointed tribunal which will inquire into two charges of sn>ss insubordination made gainst him. They
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  • 168 15 SINGAPORE, July 4. 4 SINGAPORE businessman has charged the Colony and Federation Governments and the Singapore City Council with extravagance and failure to inspire confidence in commercial circles. Mr. H. Jackson, who is on leave, made the charges in the annual report of Jackson and
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  • 23 15 IPOH, July 4. Mr. J. R. Whimster, president of the Sessions Court, Ipoh, goes on long leave next week.
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  • 80 15 SINGAPORE police have issued a warrant for the arrest of Loo Wee Wan, a cashier of the Overseas Chinese Bank, in connection with an alleged criminal breach of trust. Loo, of Telok Ayt?r Street, Singapore, is a Hokkien. aged 53, five feet four inches tall. He usually
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  • 97 15 SINGAPORE. July 2. ANOTHER senior Government official is to go before a tribunal on a charge of gross Insubordination. He is Mr. W. R. Haxworth, Superintendent of Singapore Traffic Police. He a charge of making a statement which, it is alleged, was likely to bring the Government
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  • 78 15 Round the ta|>9e at the Ritson pay talks on July 1 sit (left to right) Mr. J. G. Griffiths, Assistant Secretary Negotiations, Mr. K. M. Byrne, Assistant Secretary Establishment office B, Mr. J. G. Higham, Under-Secretary who presided, Mr. John Ward, outgoing Singapore Establishment officer, Mr
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  • 335 18 SINGAPORE. Julv 8. rE Royal Malayan Navy hopes to recruit at least 80 men in a drive this month. This was announced yesterday by Capt, H. E. H. Nicholls, senior officer. Royal Malayan Navy. The recruiting drive will be from July 20 to
    ,—Straits Times picture.  -  335 words
  • 45 18 THE ROYAL Malay in Nivy’s new build ng give it one of the most modern and impressive Naval headquarters in .he F r East. Ihe ratings’ dormitories are seen above overlooking the main office and quarterdeck.—Straits Times picture —Straits Times picture
    —Straits Times picture  -  45 words
  • 161 18 A MI CH respected member of the Ch nese community in Joh o r e Bahru is Mr. Heng Kok Wee who began h's working life in Singapore at a sundry goods shop at Joo Chiat on a salary of $1.50 a month. Today he
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  • 33 18 Miss Antoinette Harding, daughter of Major and Mrs. F. Harding, of Singapore is among those who will be presented to the Queen at Buckingham Palacp on July 16
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  • 802 18  -  By r JOHN MARKS SINGAPORE, July 7. MALACCA sprang the biggest cricketing shock for a long time when they beat Singapore by seven wickets—their first ever victorv over the Colony on the Padang at the week-end. Malacca owed their victorv to three
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  • 222 18 Straits Times Reporter SINGAPORE, Julv 8. (CHAMPION jockey Colin Tulloh and veteran Albert Spencer may not ride at Bukit Timah on Saturday Their licences have not been renewed Thirteen jockeys were suspended by Selangor Turf Club for refusing to ride because thev considered the track to be
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  • 1083 19  -  I rn EPSOM JEEP I -111 LUMPUR, July. 1. HvV >NA, an up and cornstayer In the Van n ,i stable, made It B h r r cl .s off the reel when i.OCHINVAR over a SJL Kuala Lumpur yesJL erond day of the rurf
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  • 1028 19  -  By EPSOM JEEP ;*mpur, July 5. FAVOURITES kept up their -ood work at Kuala Lumoncluding day of the Selangor Turf Club June*-July meeting, and .short e>t priced winner of the day was Dondang Sayang who skipped home a 4V 2 length vinner in the main
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  • 109 19 SINGAPORE, July 6. SINGAPORE Teachers’ Union may petition the Colonial Office to reinstate Mr. C. V. Devan Nair in his former Job as a teacher. Mr. f»ToU. n ..onrot^rv of in Aprfr afler nearly under the geney Regulations. \,The union’s committee met yesterday
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  • 77 19 JOHORE BAHRU, July 4. ALTHOUGH Johore planters have long advocated the retention of a small first-class ward in all Government hospitals in th P State the only area apart from Johore Bahru which has such a ward is Muar North Johore planters have been asking for
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  • Page 19 Miscellaneous
    • 108 19 BIG SWEEP TOTAL POOL: $235,700 FIRST: *****4 ($63,639) SECOND: *****0 ($31,819) THIRD: *****2 ($15,909) Starters (***** each) Nos. *****9. *****4, *****5, *****6, *****7. Consolation ($1414 each). Nos: *****9, *****3, *****7, *****4, *****1, *****3, *****2. *****2. *****5, *****9. DOUBLE TOTE FIRST DOUBLE: 34 tickets ($47 each): SECOND DOUBLE: 15 tickets ($122
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  • 665 20 SHARE MARKET I By Our Financial Correspondent SINGAPORE, July 6. rpHE Singapore share market last week went x through a rather depressing period when there was not a single item to cheer the market except perhaps the statement that the price of natural rubber might
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  • 169 20 rpHE following share deals in X Singapore was reported by one firm of sharebrokers for the period June 27 to July 3, inclusive:— INDUSTRIALS: Fraser Neave Ords. $2.07$ to $2.05. Gammons $2.90 to $2.85. Hongkong Banks Colonial $BO4 and sBo7s, Malayan Cement $1.50 to $1.45, Robinson Ords. $1.85
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  • 80 20 SINGAPORE, July 3. Singapore Chinese Produce Exchange:- Noon prices per picul were:Copra: steady: July $324 buyers. $33 4 sellers; August $314 buyers. $324 sellers. Coconut oil: up 75 cents, steady; $5l sellers. Pepper: quiet, no business reported. Muntok white down $5. Lampong black down $10; Muntok white
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  • 50 20 IMPORTS of rubber into Malaya in June totalled 25.728 tons, compared with 22,104 tons in May, according to preliminary figures issued yesterday. The June figure includes 8.329 tons imported on provisional permits in May and excludes 7.888 tons for which final documents have not yet been received.
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  • 267 20 SINGAPORE, July A N international agreement stabilising the ti; n dustry may soon be drawn up between the 4 j n prodhcing countries and the main consumers, C< y S. Lee, leading Malayan miner and Federal Legisi j Ve Councillor, told the Straits Times yesterday.
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  • 55 20 T'HE Hongkong and Shanghai Banking Corporation has announced an interim dividend of £2 per share, it was stated in a message received by the Singapore office yesterday. Free of Hong Kong Corporation profits tax. the dividend is payable on August 10. Transfer books close from July 24 to
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  • 268 20 SINGAPORE, July 4. Liquidation of July holdings this week brmght prices down to below 65 cents or about the same level as reached In April of this year say Lewis Peit (Singapore) Ltd. in the report. The lower prices have brought in a better enquiry
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  • 50 20 SHIPMENTS of latex from MJlaya in May totalled SB-J tons, of which 3.093 tons from Singapore and 2.7: from Federation ports. Of these shipments 2.092 JJJ went to the United States tons to the Unitrd Kingd tons to Germanv 248 tors and lesser quantities to o h tries.
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  • 23 20 Takuapa Valley Ti n In June the dredge of n < Valley Tin Dredging worke hours, treated 105,000 cu and produced 185 piculs o
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  • 40 20 The following: divi*' ,s have been announce** H. and S. BANK terim of €2 a share, able August 10. AYER PANAS Rt > 7 x /2 cents a share far ended January, P July 25, books close 15.
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  • 910 20 SINGAPORE, Julv 8. I.Mil&ittUliS Bayern Sailers Ale* Brick, Prefs 2.1 b 4 30 Ora* 4.10 4 20 At a fi lc e 12 2b 13 25 BB Petroc 32/- 33'BM Trustees 6 50 7 50 Con Tin SmeCt Pref 17/6 18/6 Ords 22/- 23/Ea.ster n United 35.25
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