The Bermuda Recorder

              for cooking & drinking if^m fi yfrkbmrttf6a0 m jbermmla je hecordet kpi m m mt f ___ 3jslr m wt purvis ltd i ■ a * mtb purvis ltd puhhriied bi-ffieehjj price 6d wednesdays 1 saturdays ab volume xxxra hamilton bermuda wednesday august 7 1957 no 102 ame district opens at shelly bay today green gets 18 months for threatening witness with gun fifty years residence in u s haven't changed her love for bermuda bank of bermuda's 68th annual report gerald fitzroy green who was convicted by a supreme court jury last week on two counts of threatening a wit ness with v gun to give false testimony in the somerset bank robbery case was sen tenced this morning to 13 months imprisonment by the acting chief justice sir allan smith though she left her nativa land over fifty years ago to work and reside in the u.s.a mrs may barnes formerly of pembroke and now of new york declares she hasn't lost one bit of love for bermuda and the bermudian way of do ing things in fact in some ways she swears she is more of an onion than some of those who haven't left home at all membership in the association either through being ber mudian-born or marrieel to one or having resided in tjie colony for five years shows steady growth of business and profit of 130,043 last year as soon as she returns to new york mrs barnes will be pitching in to help give a big reception to the large party of bermudians who will be visit ing the city with green's tour each year the associa tion gives them a reception in conjunction with the abys sinia baptist church bishop george w baber prelate of the first district of the african methodist episcopal church who arrived in the colony sunday on his regular semi-annual visit to check up on the work told the recorder this mornin^tha^ewa^very pleased with the progress accomplished today the attend the andh conferenceh ten i the be pre-h sided over by dr j d smith m u m u m u m u m u m u m u m u m u m u m u m u m % the bank of bermuda ltd made a net profit of 130,043 from its operations for the year ended june 30th 1957 accord ing to the 68th annual report of the directors the report signed by mr h j tucker jr m.c.p showed that 50,000 of the profit was paid out in dividends at the rate of 4 per share 7,157 was put in the pension reserve and the balance of 73,886 was accounted with undivided profits the judge told the youth that he had been convicted on a very serious offence a pro bation officer's report was sub mitted before sentencing by mr harry osborne the pri soner's counsel mr arnold francis barrister spoke in his behalf and said that he had been more stupid than malicious in committing the abyssinia baptist church group mere this happens all because mrs barnes who is currently vacationing here as a guest at imperial hotel has always been a leader amongst that large bermudian colony in new york the net profit was 19,710 higher than that for the pre accompanying mrs barnes on this trip is mrs carolyn parker of new jersey this is their third visit together presiding elder the morning stf**non was to be preached by bishop baber tonight the a.m.e youth of the colony will present a special pro gramme for the visiting pre late vious year the report stated it added that an examination of the balance sheet would re veal the steady growth the bank continues to enjoy and the strong financial position and satisfactory liquidity it was able to maintain in_the think that profits although still limited by rising over heads have tended somewhat higher than in the preceding year business expansion particularly in the form of new or renovated premises has continued and certainty the appearance of our princi pal shopping streets is very attractive and the merchan dise offered is good and well displayed we think the busi ness community is to be con gratulated on th e striking im provement in merchandising methods which has become so mrs laura b thomas a frequent visitor and organizer of tours to bermuda arrived she keeps abreast of local affairs mainly through her membership in the influential bermuda benevolent associa tion which she joined soon after arriving in the big city she has been vice-president of the association for the past five years in the colony on saturday last with a party of 22 ladies who are guests at archlyn villa guest house and mrs w r steede's guest house green was chargedt with attempting to obstruct pre vent pervert or defeat the course of justice by threaten ing raymond young with violence if he gave evidence against green's brother robert leroy green and llewellyn talbot and junior macdonald webb who were charged xrith holding up the bank jreen and talbot were acquitted of the charge offence children of actress vacationing here mrs baber is accompanying the bishop and tomorrow she will attend a missionary con ference for the women dele gates from all the churches will be in attendance and will submit reports bishop baber said today that he will not be able to stay as long as he first planned tos he has to attend a meeting of the bishops council which convenes in washington d.c friday afternoon he there fore will leave the colony to morrow afternoon the first district over which the bishop presides in cludes new jersey new york pennsylvania connec frtfut rhode island massachu setts vermont new hamp shire delaware and bermuda his headquarters are in phila delphia pa year under review deposit increased by 2,746,000 and holdings of cash treasury bills and british government obligations by 2,562,000 loans at 2,896,000 were 195,000 higher and total re sources increased by 2,717 000 to 12,137,000 the visitors are mostly members or friends of the abyssinia baptist church iu new york of which mrs thomas is social director the church is one_pf the largest and most influential negro bodies in the u.s and it is pastored by congressman rev adam clayton powell mrs barnes only made one or two trips home during her first forty-odd years in the u.s but during the paslflive years she has been a regular visitor she comes at cup match time and has a seat reserved in the invited guest stand at the game this year she was honoured by being asked to lunch with the teams on the last day . mrs barnes left here in july 1904 to do nursing in new york for a wealthy american family she later married a former bermudian mr james barnes whom she says she ha given up trying to induce him to return home for a visit they have a daugh ter and a grandson who vaca tioned here five years ago the famous american vocal ist and actress miss dianah washington who had made arrangements to spend this week in bermuda with her family as guests at archlyn villa pembroke was unable to do so because of a last minute engagement however she sent her sons along in car of a nurse the directors of the bank is as follows sir eldon trim ingham president sir john cox vice-president sir stanley spurling sir howard trott hon j e pearman hon edmund gibbons dr henry wilkinson and messrs h st george butterfield leon d fox william frith garnet f grills roland t j lines j s vallis j e p vesey m.c.p and john gibson young apparent in recent years we note also with satisfac tion continued betterments ia the standard of accommoda tion food and services offered by most of the hotels and guest houses and plans recently an nounced for major expendi tures by two leading hotels have been very welcome we are also glad to see guest house facilities continue to ex pand and we are confident that in most cases the plan ning has been in good taste and with proper attention to the exacting requirements of the modern visitor altogether we think that the record of the past year has been ex tremely satisfactory and we are confident that the outlook remains promising on sunday last the tourists worshipped as a group at st paul a.m.e church in hamil ton tomorrow night they wim he guests of the leopards clab at their weekly supper broadcast arrangements for the tour were made through the donald smith travel agency u.n rejects so among the guests at the villa are miss la rue manns and her young charges robert grayson and george jenkins red charges on korea three men panmunjom korea aug 5 — the united nations com mand rejected as without basis in fact communist charges of fourteen air and ground violations of the korean armistice agreement accompanying mrs thomas are the j misses susie king mary randolph helen sims mary bost helen lockhart eleanor pease pearl thomp son rosa thomas mary long lulu bothwell mary john son edith bryan carmen hicks eva kindred fay jones susan chenault edna waller julia grevious suspected of tourist trade supplement bishop baber was appointed to the district last year he had previously presided over the twelfth district with head the report stressed the value to the colony of the de velopment of business of non bermudian sources it stated that for some years the man agement had expended much time effort and expense in this regard an active hard-working genial woman mrs barnes de votes all of her spare time away from home to her church and b b a she is jiroud of the association and works strenuously to xake it a real factor in the economic and social life of bermudians abroad she was chairman of a committee which had a mem bership dr&e in june and resulted in 42 new members joining raising the active list to over 300 forging cheque quarters in arkansas and the fourth district which in cludes illinois michigan in diana and canada among the ministers and churches represented at today's -»,. conference are rev t w foster st paul hamilton rev arthur jones allen temple somerset rev f a lapsley mt zion southamp ton west rev r w.jpole man vernon temple south ampton east rev t b price heard chapel pem broke ) , rev donlev mouehette bethel also rev cyril butterfield st phillip harris bay and ' ; st john bailey's bay and vev edward cross richard ahen st george's united states navy capt george w kehl secretary of the u n military armistice team denied the red accusa tions at a meeting of , the armistice commission secre tariat three men are under sus picion in connection with an alleged forgery according to a police report this morning price trend disquieting during the last few years we have eonsistenly extended the scope of our facilities and we have patterned our general banking and fiduciary service to provide overseas clients with experienced and efficient management of the assets of companies trusts and in rlivf duals mm " in great britain and the united states where changing conditions affect us very quickly and importantly the rising trend of prices has been disquieting in both countries wages and prices have lately been rising at a faster rate than real production invest ment and plant expansion jiave been expedited and perhaps rather less critically analyzed because of the conviction based on the experience of re cent years that delay in new construction invariably means higher capital costs the capi tal markets have been able to meet only partially and with difficulty the enormous de mand for capital which has poured in from government and public bodies and for new construction and industry at a rate which is outstripping savings a natural corollary has been tight money and"eigh interest rates government bonds and other fixed interest securities have been neglected and in consequence quoted prices have slumped very sharply as many investors have sold to seek equity pro tection against inflation it would appear probable that some further inducements perhaps in the form of tax advantages must be provided if the cmir ; ons of govern ments ind public bodies are to be sufficiently attractive to the investor so that the neces sary funds may be found to refinance existing debt and to underwrite new nad essential public undertakings the report stated tha t mr manuel benevides of cox's at the last meeting june 28 the reds said the u n command had violated the panmunjom neutral zone hill had informed police that a cheque made out to him by messrs richardson and trott had been cashed by someone else who had signed a name on the back imperial hotel guests continued on page 6 one becomes eligible tot among the guests at the imperial hotel this week are mrs mae barnes of new york and mrs carolun parker of new jersey miss verna fuller of white plains ny mr and mrs k wright miss alice bye of new york mrs daisy setlington of stamford conn police also reported tha theft of a flag from thejdeno taph after sunset on monday night it was reported miss ing by mr thomas chalmers foreman of public works we are being retained for these purposes by a widening circles of clients whose in terests range over broad and varied fields of investments commodity trading shipping and other activities the value to the bank of this very desirable business is of course obvious but it may be that its importance to the entire island has not been fully ap preciated it is our view teat the economy of the island benefits to the extent of at least five hundred thousand pounds per annum by reason of expenditures made directlv for the account of exempted companies such as govern ment company tax stamp taxes fees etc or arising from travel spendings of thos visiting the island for con sultation and other purposes in connection with such com panies this business has be come an important supplement to the tourist trade and should be encouraged as its potential is substantial for british colombia fete princess margaret will visit canada next year last night police were called out to the residence of mr mortimer in cavendish heights who reported a prowler around his house police gave chase to a man they found in the area on their arrival but he escaped alcohol deaths also mrs lillian b jones and mrs lillian e jones of washington d .'., mr an j mrs s w mosley mr mal colm j carter and mr edward schuyler wise of new york miss catherine l settle of philadelphia miss mattie mae west and miss sonia claxton of new york and miss vernel bardling of stamford conn ottawa aug 6 princess margaret sister of qu«en elizabeth ii will visit canada for the first time next year there are no plans for a_c_on current visit to the united states been no official announcement of her forthcoming visit it can be stated authoritatively that she has given the british columbia government a firm commitment that she will take part ia observing the 100th anniversary of the founding of a crown colony on the west coast in france put at 6,103 in year personal and social paris aug 6 the record number of 6,103 frenchmen and women died of alcoholism last year the national insti tute of statistics and econo mic studies announced today the princess will go direct ly to british columbia to offi ciate at the opening of the province's centennial celebra tions but additional plans are being made for her to visit other parts of canada before her return to the united king dom mrs mary b young daugh ter of mrs jane d burgess of somerset arrived in the colony on sunday to spend two weeks with her mother mrs youth is the niece of miss alice scott r.n her acceptance_of the prov ince's invitation was received in victoria the provincial capital several weeks ago secrecy has been maintained pending the timing of an offi cial announcement also miss margaret nixon miss heane alleyne new york telephone company em ployees and miss betty braithwaite a social worker of new york and miss mar lene connor and miss fred ericka richardson also of new york it said another 14,176 per sons died of cirrhosis of the liver and that that at least 80 per cent of cirrhosis deaths are caused more or less directly by abuse of alco hol the number of alcoholism deaths would be at least 17,500 for 1956 her projected canadian tour tends to dispel rumors that she is contemplating an early marriage recently her name has been linked romantically with that of lord patrick beresford twenty-three an officer of the british royal horse guards the princess will visit bri tish columbia in july prob ably travelling from britain by plane tentative plans con template use of a special train to bring her from the west coast to eastern canada which stops at the jjiajor • • • leaving bermuda on sun day after vacationing as guests of mr and mrs william steede of pembroke were mr and mrs jerry mascoll of cambridge mass and mrs lottie welch and her five daughters of yonkers n.y business community commended in the same year it said deaths attributed to tubercu losis were onlj 12,700 of deaths in france from alcoholism has risen steadily since the war during the last twelve months business generally has been very active indeed we it said the statistical curve although as yet there has cities eat snow crop frozen foods to make you grow plump and strong save the quick raoiiir ■" ozl ta cut 8reeh bears i snow crop labels for free teddy snow crop puppets and balloons given away each week