For the descendents of Richard Dearie and his son John Russell
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Malayan Collieries Report Accounts and A.G.M. 1935
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
DIRECTORS, REPORT
AND
ACCOUNTS
For the Year Ended 31st December, 1934.
TO BE PRESENTED AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
TO BE HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935,
At Noon.
J. A. RUSSELL & COMPANY, Ltd.
General Managers & Secretaries.
Malayan Collieries , Limited.
(Incorporated in Federated Malay States.)
Directors.
HUBERT HARRY ROBBINS, Esq. (Chairman.) FREDERICK CUNNINGHAM, Esq.
WILLIAM HENRY MARTIN, Esq.
ALBERT JAMES KELMAN, Esq.
ROBERT CECIL RUSSELL, Esq.
General Managers and Secretaries.
J. A. RUSSELL & Co., Ltd., Kuala Lumpur.
Consulting Electrical Engineers.
SPARKS and PARTNERS, London.
Registered Offices
HONGKONG & SHANGHAI BANK BUILDINGS, KUALA LUMPUR.
NOTICE IS HEREBY GIVEN THAT THE Twenty-first Annual General MEETING of the Members of the Company will be held at the Registered Office of the Company, Hongkong and Shanghai Bank Buildings, Kuala Lumpur, on Friday, 29th March, 1935 at Noon for the following purposes: —
To receive and consider the Balance Sheet and Accounts to 31st December, 1934 and the Reports of the Directors and Auditors.
To Declare a Final Dividend for the year 1934.
To Declare Directors’ remuneration for the year 1934.
To Elect Directors in place of those retiring.
To Elect Auditors for the ensuing year.
The Share Registers will be closed from Saturday, 23rd March, 1935 to Friday, 29th March, 1935, both days inclusive.
By Order of the Board,
J. A. RUSSELL & Co., Ltd.,
Secretaries.
Dated 15th March, 1935. Hongkong & Shanghai Bank Buildings, Kuala Lumpur, F.M.S.
Malayan Collieries, Limited.
(Incorporated in Federated Malay States.)
Directors' Report for the Twenty-first Year of the Company ended 31st December, 1934.
The Directors have pleasure in submitting their Twenty-first Annual Report and Statement of Accounts for the year ended 31st December, 1934, together with the General Managers' Report upon the working of the Company's undertakings.
Batu Arang Colliery. The quantity of Coal sold shewed an increase on the previous year due principally to contracts entered into beyond the normally competitive radius of deliveries. This made possible clearance of the stocks of small coal which were brought forward from the previous year. The lower prices realised upon these sales is reflected in our average returns per ton sold.
All plant and equipment, workings and roads were maintained in good order and condition and in readiness to respond to any increase in demand which may occur.
Pamoekan Bay Colliery, This property continued in charge of a caretaker and there is still no indication of that improvement in world conditions necessary to justify consideration of its re-opening.
General. Capital expenditure was on work of a general nature calculated to aid the costs and quality of the production of the various departments.
As in the previous year the subsidiary undertakings of the Company were operated according to demand. The Plywood Department operated at full capacity throughout the year, but the Clay-working Department was idle with the exception of the tile section which operated on a small scale.
The Wood Distillation Department operated intermittently and the year can be regarded as one of progress towards the most advantageous utilisation of the products
A certain amount of progress was made in the matter of securing to the Company its future timber requirements.
The proposals regarding the manufacture of Cement were in abeyance and continue so in the meantime. The position, however, is being carefully watched.
Investments. These remain unaltered.
Profits. The profits for the year under
review, subject to the Directors' and Auditors' Fees amount to ... ... $330,613.08
To which is to be added the unappropriated
balance from the previous year of ... 213,786.34
544,399.42
Deduct Three Interim Dividends each of 2 ½ %
totalling 7 ½ % on 257,505 shares were declared during the year absorbing ... ... 193,128.75
351,270.67
You will be asked to sanction fees to Directors in
respect of 1934 at the rate of ... ... $20,000.00
Auditors’ fees at the rate of ... ... ... 2,500.00 22,500.00
Leaving available ... ... ... ... 328,770.67
Which your Directors recommend should be dealt with as follows: —
Final dividend of 3 ½ making 11% for the
year 90,126.75
Balance to carry forward to next year's account ... $238,643.92
Directors. Mr. H. H. Robbins and Mr. A. J. Kelman being the Directors longest in office, retire under the provisions of the Articles of Association and being eligible, offer themselves for re-election.
Auditors. Messrs. Evatt & Co. retire and being eligible, offer themselves for re-election.
By order of the Board,
J. A. RUSSELL & Co., Ltd.,
Secretaries. Kuala
Malayan Collieries, Limited.
The Directors,
MALAYAN COLLIERIES, LTD., Kuala Lumpur.
Gentlemen,
We have pleasure in submitting herewith our report on the working of the Company's undertaking during the year ended 31st December, 1934.
BATU ARANG COLLIERY. The sales shewed an increase of 38% on the previous year although the increase in production was only 10%, the difference being due to the disposal of the stocks of small coal which were brought into the year. Considerable development work was carried out both below and above ground, part of this being of a compulsory nature, owing to the necessity for retaining on the property sufficient labour to cope with an anticipated increase in demand which did not materialise.
Production. As in the previous year, this was carried out chiefly in Nos. 1 and 2 districts of the East Mine and coal extraction was continued on the longwall principle. Second lift working was general in No. 1 district while work proceeded in No. 2 district in the first lift. Hydraulic stowing arrangements were satisfactory and work was carried out in a manner to ensure maximum extraction of the coal.
Underground Development. The work referred to in our last year's report was proceeded with. A commencement was made on the extension of the main dip and satisfactory progress was being made with the extension of No. 17 level to connect with the No. 3 Underground Coal workings. Work in Nos. 6 and 7 districts are also proceeding satisfactorily.
Opencasts. As in the past year, coal winning was as far as possible concentrated on Opencast No. 7. The South end was worked out and operations were mostly at the North end where the coal proved to be more extensive than our earlier computations had indicated. Preparations were commenced for an extensive stripping programme at Opencast No. 8 where opencast operations will be centralised for a number of years.
Coal Washery. The washery worked regularly throughout the year and operation was satisfactory.
Buildings and Plant. All Buildings and Plant were maintained in good order and several improvements in layout and working were made.
The power plant operated satisfactorily and fulfilled all requirements; practically all of the coal used for steam generation was of unmarketable quality.
An overhaul of the turbines was carried out and their condition was found to be satisfactory. Various minor repairs and adjustments were effected.
Capital Work. This was kept at a minimum necessary to effect improvements and to ensure maximum efficiency in working throughout the property. The more important additions included, European and Asiatic quarters, stores extension, railway sidings and a general remodelling of the railway yard, mine equipment, erection of sawmill, water supply extensions, wood preservative and disinfectant mixers and workshops machinery, the work being carried out within the estimated expenditure.
Labour. Precautions were taken to retain on the property as much labour as possible. On the whole the position was satisfactory and the beneficial effect of the relaxing of the regulations governing immigration was appreciated. Workmen's Compensation Enactment. This operated throughout and compensation in various degrees was awarded to injured workers.
PAMOEKAN BAY COLLIERY. The position is unchanged and the property continued in charge of a caretaker. The possibility of resuming profitable operations appears remote.
SUBSIDIARY UNDERTAKINGS.
Clayworking Department.
The continuous kiln remained shut down throughout the year and all sales requirements were met from stocks. The down draft kiln was shut down shortly after the middle of the year when the Brickworks Superintendent proceeded on home leave and to confer with expert authorities regarding the tile making problems which have manifested themselves and solutions of which are necessary to satisfactory commercial production.
Plywood Department. The production of the works amounted to slightly over 6,000,000 sq. ft. of plywood. The bulk of this was sold in the form of Rubber chests, the demand for which up to the latter part of the year was in excess of capacity. The local demand for plywood in sheets is increasing and this branch of the business is being developed.
Wood Distillation Department. The works have been in commission more or less throughout the year and the technical performance is now quite satisfactory.
Wood Preservative and Disinfectant mixers have been installed and satisfactory formulae have been evolved and proved for these two products both of which are about to be marketed.
Markets are being developed and it is expected that these will absorb the output of all products.
Timber. The pilot sawmill was erected and put into satisfactory commission. In addition to producing the sawn requirements of the property several parcels of lumber were prepared for trial shipment to London. Railway lines into timber areas have been extended in order to ensure ample supplies for all requirements.
Staff. Members of the staff have rendered excellent service and a good spirit of co-operation exists between departments.
General. The general health of the entire resident population continued to be exceedingly good and the same applies to the moral of the labour force.
The Clubs and Sports ground including the Cinema provided by the Company were again made full use of and were much appreciated by all concerned.
During the year we had the pleasure of conducting over the property several parties of visitors including a party from H.M.S. "Eagle" and "Veteran," the Siamese Delegates for the Joint Railway Conference, members of the Staff of the Forest Department and the Directors of Hong Fatt Mines.
We are, Gentlemen, Yours faithfully,
J. A. RUSSELL & Co., Ltd.,
General Managers.
Kuala Lumpur,
15th March, 1935.
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
21
DIRECTORS' REPORT
AND
ACCOUNTS
For the Year Ended 31st December, 1934.
TO BE PRESENTED AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
TO BE HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935,
At Noon.
J. A. RUSSELL & COMPANY, Ltd.
General Managers & Secretaries.
Malayan Collieries, Ltd.
(INCORPORATED IN F.M.S.)
PROCEEDINGS
AT THE
TWENTY-FIRST ANNUAL GENERAL MEETING OF SHAREHOLDERS
HELD AT THE
Registered Office of the Company,
Hongkong & Shanghai Bank Buildings, Kuala Lumpur,
ON
Friday the 29th March, 1935, At Noon.
Malayan Collieries, Limited
(Incorporated in Federated Malay States)
Hongkong & Shanghai Bank Buildings, Kuala Lumpur, F.M.S.
The Shareholders,
MALAYAN COLLIERIES, LTD.
Dear Sir, or Madam,
We have pleasure in reporting to you the proceedings at the Twenty-first Annual General Meeting of the Shareholders of the Company which was held at the Registered Office, on Friday, 29th March, 1935.
Yours faithfully, J. A. RUSSELL & CO., LTD.,
Secretaries.
Dated 29th March, 1935.
Malayan Collieries Limited
(Incorporated in Federated Malay States)
Proceedings of the Twenty - first Annual General Meeting
The Twenty-first Annual General Meeting of Malayan Collieries, Ltd., was held at the Hongkong & Shanghai Bank Buildings, Kuala Lumpur, at noon on Friday the 29th March, 1935.
The Chairman, Mr. H. H. Robbins presided and the others present were: —Messrs. W. H. Martin, F. Cunningham, R. C. Russell (Directors), W. G. C. Blunn, C. Crompton, J. Hands, P. W. Gleeson (Shareholders), and Mr. S. Brown representing the Secretaries.
The representative of the Secretaries having read the notice convening the Meeting, the Chairman, before moving the adoption of the Balance Sheet and Accounts to 31st December, 1934, addressed the Meeting as follows: —
Gentlemen,
As this is our 21st Annual General Meeting, before proceeding with the business of the day, I should like to mark the occasion by referring briefly to the Company's history. The Company was formed on 20th June 1913 with the late Mr. J. A. Russell as promoter and chairman, his associates being Messrs. A. D. Allan, Loke Yew, A. A. Henggeler, Foo Choo Choon and R. P. Brash. Had Mr. Russell been spared to preside here to-day, I feel sure he would have paid tribute to these gentlemen for their counsel and assistance in the early days of a business, which, as the result of the sound foundations then laid, has attained the position of one of the key industries of Malaya.
The record of the Company up to the beginning of the world wide economic difficulties from which we are now emerging, was one of practically unbroken progress. That we were greatly affected by these difficulties is not, I think, remarkable, especially as the position has been complicated by restrictions both natural and artificial; but given a revival of world trading conditions and a resultant lifting of restrictions, progress should once again mark the Company's career.
Naturally we hoped that on the occasion of our 21st birthday we should have a record year to place before you, but notwithstanding that, and the fact that the net earnings which we are able to disclose shew an inadequate return upon the foresight, capital, energy and confidence which have combined to make up your business, we feel that the report and accounts shew a steady maintenance of the soundness of the undertaking.
Meantime I hope the reduced reward of all that has gone to make the business what it is, and the energy and ability which have been devoted by all concerned to its control and management, is but a passing phase, and although its passing is of longer duration than we anticipated, and although the present is lacking in many of the essentials of a recovery, signs of that recovery are not entirely absent. Along this line of reasoning, however, pitfalls lie and before 1 am tempted to prophesy, I will return to the real purpose of the meeting, with an expression of the hope that the second twenty one years of the Company will be even more prosperous than the first. You would not wish me to express the hope that we may all forgather at this table twenty-one years hence to review the period which commences this year, and I will limit myself to the very sincere hope that all of us will still be shareholders but in happy retirement in our homelands.
The report and accounts having been in your hands for at least the prescribed period, I will, with your permission, take them as read.
The share capital remains unaltered. Last year, I indicated a proposal which was under consideration for the elimination of the 61,120 surrendered shares, but eminent counsel having advised that the action contemplated would in effect amount to a reduction of capital within the meaning of the Companies Enactment, and this being contrary to our object, the matter has for the time being been dropped.
The position relating to the Pamoekan Bay Colliery is unchanged and the property remains in charge of a caretaker.
The expenditure on Capital Account was, with the exception of that incurred on buildings, for the most part of a general nature, the largest individual item being the deviation and remodelling of our railway yard, which work is completed, and the extension of sidings to serve both sand and timber areas, that to the sand area also being completed. It will be seen that the expenditure on Capital Account is more or less balanced by the allowance for depreciation.
The amount of $178,200.00 allowed for depreciation is practically the same as that provided for the previous year. Upon a return to more prosperous times it will be advisable to increase this, but the amount allowed may meantime be regarded as ample provision for all requirements of a year during which the plant operated at less than 50% of its capacity.
The total under "Operating Stores and Spares and Trading Stocks" is lower by some $54,507.11, this being entirely due to the disposal of the large coal stocks to which I will again refer. The total figure of $586,708.54 is made up as to $375,617.96 of mines stores and spares, $95,682.42 of railway materials and $1 15,408.16 of coal, brick, plywood and wood distillation departments stocks.
After allowing for the reserve which remains unchanged at $135,000/-, "Sundry Debtors and Debit Balances" are approximately $50,000 higher. As against this, Sundry Creditors—after the deduction of $13,000 for Leave Pay and Passage Reserve which has been included with this item for the first time—is up some $49,000, this being due to the larger volume of business transacted and in some measure to the intervention of Bank holidays at the close of the year.
The item "Unclaimed Dividends" of $38,168.57 was approximately $2,000/- less than at the close of the previous year.
Investments remain unaltered as regards composition and though they are taken in as usual at book value, the actual market value shews an improvement of approximately 50%.
"Cash in Hand and at Bank" is up by $118,254.11, and after making adjustments to arrive at a fair basis for comparison, it will be seen that the "Cash" position has improved beyond the "Profits" position, this being due in a considerable measure to the conversion of stocks into cash.
Your Board still retain some $200,000/- on fixed deposit with your Bankers in preference to investing it in gilt edged stocks. With the trend of market prices it is questionable whether stocks of this description offer much more protection against capital depreciation than industrial debentures, preferred stock, or even carefully selected ordinary industrial shares. In any case, it is not the intention to reinvest these funds until the future outlook is clearer.
The "Trading and Profit & Loss Account" discloses higher working costs, lower returns in proportion to turnover and a net profit of $330,613.08 or some $17,790.03 better than that for the previous year. The increased costs were in part due to our action in increasing slump time wages as a result of the improved conditions in the Tin and Rubber industries and in the country generally an increase which the improvement in the demand for our product was not sufficient to counteract—and in part to a considerable amount of work of a development nature which was necessary to retain on the
property labour required to provide for the peak demand, both actual and anticipated.
The demand for coal within the F.M.S. did not increase in anything like the way that indications promised early in the year. It was, however, gratifying to note some improvement, and it seems probable that such improvement will continue. Erratic and uncertain demand creates difficulties in controlling costs, as at all times we must be in a position to respond to any demand placed upon us, practically at a moment's notice, and in complying with this fundamental requirement we cannot work to the minimum cost which otherwise would be possible.
While restriction has been the order of the day and the country's principal industries, tin and rubber, have enjoyed compensating advantages in the form of the higher prices, there has been no advantage to us to compensate for the reduced consumption of coal. We do not, however, quarrel with this fact and realise that we cannot thrive unless the country thrives, and if it is along the avenue of restriction that prosperity lies for the major industries of the country and for the country itself, that avenue we must tread in the hope of attaining our fair share of ultimate prosperity.
In order to even up an otherwise somewhat erratic and entirely inadequate demand, every effort has been made to secure business at distances beyond our normally competitive radius. With a continuance of the support and co-operation of the F.M.S. Railways these endeavours have been attended by a measure of success, and as there is still scope for development along these lines we must all hope that the return of prosperity to the Railways will not weaken a co-operative spirit which must inevitably be of advantage to the country generally. To ensure to us the maximum benefit from business of this nature, however, it should be in addition to a much larger volume of normal sales, than was the case last year, when its effect upon our accounts was not spectacularly advantageous. As against this, it enabled us to move off stocks which otherwise might have been with us indefinitely. Also, by increasing our turnover, it provided a larger spread for overheads which, owing to the state of constant readiness in which we are obliged to maintain ourselves, cannot be varied in step with turnover.
In considering the first interim dividend in March, your Board took a view of the likely trend of business and, being influenced by a more hopeful feeling regarding possible releases under the restriction Enactment over the balance of the year, and having regard to the more buoyant feeling which then prevailed generally, decided to lift the interim payments to 2 ½ %. We should now like to recommend rather more than 3 ½ % as a final, which makes a total of 11% for the year; but for the reasons stated, our hopes for the year were not realised, and it is felt that you would prefer the total distribution to be fully covered by the net earnings, and not at the expense of the carry forward, however substantial it may be.
Arising from a suggestion made by a shareholder at the last meeting, I should like to say that arrangements have been put into effect for the remittance of dividends to Home shareholders by air mail. After careful consideration, this course was decided upon as a compromise to the idea of establishing a Register in England. Home shareholders now receive their dividends some 10 days after payment here, and the dividend which it is proposed to declare to-day should be at their disposal by the 8th proximo.
The labour position during the year was not a simple one to understand or control, though a resumption of what practically amounted to a more natural flow from China and India eased the position materially towards the close. As regards Chinese labour the improvement of the exchange in favour of silver may prove to be a mixed blessing. It will, of course, benefit the man who is in China with silver currency with which to purchase a passage back to Malaya, but it will operate against a workman here in Malaya who may wish to remit money to China as a means of helping a friend or relation to square up his affairs to come to Malaya.
The Workmen's Compensation Enactment operated throughout the year, and the decision of Government, by amendment to the Enactment, to allow dependants of deceased workmen resident in China to benefit by the compensation, came as a contribution to a Law which, providing abuses are carefully checked and controlled, must be regarded as one of the most humanitarian measures yet enacted in this country. A Chinese workmen understands a cash payment for injuries incurred in the course of his work, but he does not understand or appreciate legislation or rules and regulations which compel him to observe anything more than natural conditions.
When last addressing you I dealt at considerable length with the policy of your Board and especially our policy in connection with your subsidiary undertakings and very brief reference to-day will, I think, suffice to bring the position up to date. As the policy is to develop these industries out of available profits, progress during the year under review was not very considerable.
The Brickworks were for the most part idle, this being due to lack of demand by the building trade. The small demand which did exist was supplied ex stocks which are still ample.
The small commercial scale tile plant operated up to about the middle of the year, but as by that time our materials were not producing a thoroughly uniform product to something like the rated capacity of the plant which is in fact of a pilot nature, and as we were determined not to market the product until we were satisfied with its quality, we decided to arrange for the collaboration of our Brickworks Superintendent with experts at Home, and this is now being done. As we have previously mentioned, Malayan clays are not easy to work on a full commercial scale, and while we hope for ultimate success, we can only repeat that capital expenditure on this section of our Clayworking Department has to date been preceded by research and experimentation and has been no more than that justified by the results of such work.
The Plywood Department operated full time throughout, but unfortunately, and primarily owing to our anxiety to meet customers in their requirements to cope with the heavy shipments of rubber just prior to the enforcement of restriction, our stocks at the works were depleted and with the heavy orders on hand it was not possible to build them up again until the end of the year. During that time our deliveries were irregular and to those who were inconvenienced in this way I would add to the apologies already conveyed by the General Managers, the regrets of the Board who offer every assurance that with the capacity of the works accurately gauged, deliveries in the future can and will be punctually made.
The Wood Distillation Department shewed a satisfactory return both technically and economically and indications are that during the current year the demand for its products will be such as to keep it fully employed.
Work in connection with the timber business was confined to the operation of the pilot sawmill, the completion of a check-survey of the area applied for—resulting in a revision of the original boundaries—and a further extension of the railway into our existing areas, which extension will also serve the larger area. The negotiations referred to when last addressing you are not yet concluded owing principally to the delay caused by our survey revisions.
The position with regard to the proposed Cement works is very much the same as it was at the time of my last reference. We are watching the position carefully and nothing from a technical point of view is being lost by the delay, as the design of Cement making machinery is undergoing changes which may be of far reaching importance and meantime threaten comparatively recent plants with obsolescence of important and costly items of plant.
In conclusion I should like to say that the staff at Batu Arang has rendered loyal and efficient service throughout a year which was not in any sense free from worrying problems.
Up to this stage I have deliberately refrained from making any predictions of the future. Your Board hoped that the year under review would be a somewhat better one, and so long as the present uncertainties in world affairs continue, there is the constant danger that something may occur to still further upset the flow of international trade, with a resultant set back to spoil yet another year. On the other hand, if nothing untoward happens,
and confidence and world trade are generally restored, Malaya should once again demonstrate its remarkable recuperative powers, which are only comparable with its powers of endurance in times of stress and strain.
I trust I have dealt with everything that is expected of me, and I will now formally propose that the Balance Sheet and Accounts to 31st December, 1934, and the Reports of the Directors and Auditors be received and adopted, which resolution I shall ask Mr. Martin to second.
Mr. W. H. Martin. I have pleasure in seconding the resolution before the meeting that the Reports and Accounts as presented be adopted.
The Chairman. Gentlemen, Before 1 put the motion to the meeting, I shall be pleased to answer if I can, any questions bearing upon the report and accounts which shareholders present may care to ask.
Mr. J. Hands addressed the meeting and said that he had no questions to ask, indeed, the Report and Accounts were all that could be expected.
All he had to say was that he would ask the Board to proceed slowly in extending the subsidiary undertakings. There was considerable capital already employed and he would like to see the energies of the Company continue to be applied primarily to the getting of coal.
The Chairman thanked Mr. Hands and said that the present policy of the Board was not conflicting with his counsel.
No questions were asked and the Report and Accounts were unanimously adopted.
The Final Dividend of 3 ½ $was unanimously approved on the motion of the Chairman seconded by Mr. W. H. Martin.
The Directors remuneration of $20,000/- was unanimously approved on the motion of the Chairman seconded by Mr. P. W. Gleeson.
Mr. H. H. Robbins was re-elected a Director on the proposal of Mr. W. H. Martin seconded by Mr. F. Cunningham.
Mr. A. J. Kelman was re-elected a Director on the proposal of Mr. H. H. Robbins seconded by Mr. R. C. Russell.
Mr. J. Hands proposed and Mr. W. G. C. Blunn seconded that Messrs. Evatt & Co. be re-elected Auditors for the ensuing year.
Mr. W. H. Martin then addressed the Meeting as follows: —
Before this meeting closes 1 should like you to record your appreciation of the services rendered the Company to all those connected with the management of the Company's affairs.
We have had a very wholehearted co-operation from them all which your Board has very much appreciated. This meeting I am sure would also like to show its appreciation. I therefore propose, for shareholders approval, that our best thanks be given the General Managers, Secretaries and Staff at the mine for their services during the year.
This motion was carried unanimously.
The meeting terminated with a vote of thanks to the Chair.
MALAYAN COLLIERIES, LTD.
(Incorporated in F. M. S.)
Head Office-Hongkong and Shanghai
Bank Buildings, Kuala Lumpur
Telegraphic Address-"Arang"
Kuala Lumpur
Codes—Bentley’s, Boe, Shipping and
Acme.
Telephone No. 4265 (2 lines), with
private line to Batu Arang Colliery
Directors:
H. H. Robbins (Chairman)
W. H. Martin F. Cunningham
A. J. Kelman R. C. Russell
General Manager & Secretaries:
J. A. Russell & Co
Ag. Colliery Suptd. F. Bellamy
Staff in (Alphabetical Order.)
F. Gradon E. G. de Muschamp
J. Grigg W. Prentice
G. Hinchcliffe J. A. Porteous
W. B. Joiner R. Scott
E. L. Jorgenson E. G. Spall
K. Jorgenson D. Tooms
H. E. Marnie J. H. Tubb
Resd. Med. Officer Dr. Kirpal Singh Sodhi