HONG KONG DAILY PRESS
Finance and Commerce
Quebec Mining In
Make Big Strides
Can Look Forward To
Promising Future
THE MINING INDUSTRY OF CANADA" has made gigantic
but strides in recent years,
In no part of the Dominion has progress been more spectacular than in Quebec, particularly in the north-westem section of the Province. In 1911 Quebec's at less than $10 million; de- mineral output was valued
attained velopment was slow fer many years and production value of $20 million only in 1923. Since that time expan- slon has been rapid, and many new records established, until finally in 1937 output exceeded $65 million In value.
During the past year, mining operations have continued Canada but the rate of growth in Que- active in all parts of
In spite of most other sections. however, "large areas are still untouched
holds industry in the Province
great
bec has exceeded that
in
the progress achieved,
and the future of the pron raise.
DIA
to
at
FINANCE
H. K. STOCK
EXCHANGE
January 31. Business was a little more brisk
BRITISH PLANES to-day, enquiries being spread over a larger field. The turnover was better than for the past few days, with some prices showing a slight improvement.
OUTPUT
Progress Greatly Expedited
LONDON, Jan. 30 (Benter) -British output of military planes which now exceeds 400 monthly is within measurable distance of equalling the Gei- man rate of production. This statement is made by the "Daily Telegraph's" aviation respondent, who declares that off- cial reticence about the progress of rearmament had led foreign observers to under estimate cent great strides.
Although little had been heard counter-offensive of the British
COT-
re-
bumbing force, the Air Ministry was actually strengthening the composition and reserves of this force speedily.
ap-
The regular Air Force now ha In north-western., Quebec/a min-1 of 95 million pounds valued
Silver and zinc are 5.800 trained pilots and 1,800 un Ing. region practically unknown $12.400.000.
produced in considerable der Instruction, while, including situated also sixteen years ago.
each case the various Air Force reserves but most of the metal mines now in quantities, values in
Other excluding the Civil Air Guard, the These number. 1,30. exceeding $400.000 in 1937. production.
the total value number of pilots qualified for Into metals brought seven, of which have come
over military duties woula soon production within the past twelve for the metallic group
This proach 10,000." months. Older established mines $38,650,000 in that year.
total | increase was more than double the have also continued to
As a result, the reported just four years previous- their facilities.
The total for milling capacity available in the ly. In 1933. Province has riser by 40 per cent 19 tentatively placed at $42,000, The growth of this branch In two years and is now capable 000,
of the mining industry la ́ sum- of treating nearly 18,000 tons
marized in the following table. -ore each day.
Year
Value of output of metals only
$18.380,011 19.258.004
of
Gold is the most important métal produced, the quantity
1933
recovered in
1937 exceeding
1934
712.000, fine ounces valued at
1935
nearly $25 million..
1936
1937
of
of
ap
with 1936, with a value 1938
proximately $10 million.
"Other non-metallic minerals are. of minor importance but the total value of output reported for this group was $17.246.139. against approximately $8,000,000 in each In of the years 1933 and 1934. 1935 the total was $8,924,178 and In 1936. $12.388,178.
23,804,792
30,643,787
38,655,120
BUILDING MATERIALS
the year 1938 hag been a record one for Quebec's gold mines, output during the fra ten months amounting to
115.000 erals produced in the province, ing materials. The scale of opera ounces. or more than the total asbestos 15 predominant. Output tions in this branch of the mining produced in the whole
1937. has been greatly expanded during industry is dependent almost en- and comparing with 580,000 ounces the past few
years. increasing tirely on the activity of construc- during the corresponding period from 158,000
valued tons
at tion and the demand for of that year. Production for the $4.936.326 in 1934 to 410,000 tons products, As construction activi- year is expected to have the re-
Operaty lagged the production of build- worth $14.505.541 in 1937 cord value "of approximately $30 tons were somewhat curtalled ing materials remained low and million.
during 1938 with production the total of output held around $6 million for the years 1933 to 1936.
The third group in the classi- 1938 (estimate)
42.000.000 fcation officially adopted for
build- Amongst the non-metallic min-mineral production covers
in
.COPPER SECOND
below the "level reported in 1937. Copper stands second the but the total for the year is ex- compare favourably metallics with an output in 1937 pected
to
these!
Expansion in construction
BUYERS
Hongkong Bank, $1370. Union Insurance, $450. H.K. Fire Insurance, $170. HK. Docks (Old). $16.90. Providents. (Old), $5,70. H. and S. Hotels, $0.60. H.K Lands, $36.
H.K. Tramways, $17. H.K. Electrics, $581. Cements, $15). Watsons. $7.45 Wing On H.K., $38. Entertainments, 57.. Marsmans (H.K.). 2/6
SELLERS
Canton Insurance, $223. Union Insurance, $450. H. and S. Hotels, $6.70. H.K. Realties, $5.70. H.K. Tramways, $17.40. Telephones (Old), $231.
SALES
Hongkong Bank, $1365/70. Union Insurance, $150/455. H.K., Docks (Old), $17.10. "H. and S. Hotel, $8.80.
Humphreys 59.
H.K. Tramways, $16.50/17. China Lights (Rights), $3. Cementa, $154.
Entertainments, $7.10.
WEDNESDAY. FEBRUARY 1, 1939.-PAGE 11
NATIONAL LIBRARY REORGANIZED
AT KUNMING: MOST OF
VALUABLE BOOKS SAFEGUARDED
Destriofag another phase of the work of the Library. Dr. Yuan saldnaro
The National Übrary. for- merly located at Peiplag, has, now been reorganized and re- established at Kunming, capi-
"The National Library has been tal of Yunnan Province.
building up a special collection of Dr. T. L Yuan, acting Director source materials relating to the of the Library, is paying a short present undeclared war. The major visit to the Colony, and informs purpose of this undertaking has the "Hongkong Daily Press" that been to collect and preserve, not it has been possible to safeguard only documents of military and most of the valuable books and war experiences, but also records manuscripts which were in the custody of the Libiary.
"We are engaged in the task of bringing modern Chinese culture to the areas of the great Southwest." sald Dr. Yuan.
C:
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted on Tuesday. January 31
No. of
STOCK
Hotels
ĮLAMMERTS' AUCTIONS |
PUBLIC AUCTION.
THE
J
THE Undersigned have received
instructions
י.
TO SELL BY
PUBLIC AUCTION
ON
of social and political significance, THURSDAY, the 2nd FEBRUARY, | resulting" from the war,
Our chief endeavour is to gatheri together various materials as they are being produced from day to day, before they should be lost or forgotten.
TO ENRICH COLLECTION
With a view to building up a historical collection that would be lor great value and use to future scholars, the National Library feels
its duty to assemble widely and to
preserve permanently whatever materials regarding the war thắt could come within its reach. And for this work, we solicit the active co-operation of the public at large to contribute Items and to send in materials to enrich our collection. It is also hoped that the Govern- ment will eventually see fit to place and deposit the historical archives of various ministries and in the National 39 commissions 22 Library, for the sake of concentra-
tion and completion.
"16.36 7:10 .1.20 25.0.441
Shares,
Price
600
$ 6.60
Trams
100
17
Docks (New)
450
Entertainments
262
Waited Paracale.
2,000
Antamoks
11,000
Suyoca
10,000
"
Demonstrations..
1,000
Demonstrations
2.000
21
Coco Grove
1,000
.48
Itogona
1,000
Baguio Gold. Ps, .264.
Itogons
5.000
Benguet Consolidated. Ps. 13.40. Coco Grove, Ps. 471.
Masbate
3,000
Consolidated Mines, Ps. .0025.
PHILIPPINE MINES
Antamioks, Pa. 44. Atoks, Ps. .34%
Demonstrations, Ps. 204.
IX.L.. Ps. .04.
San Mauriclo. Ps. 1.75: Suyoc, Ps. .234
United Paracale. Ps. .58.
operations in 1937 was reflect- ed in the rise in the value of büllding materials produced in Quebec during the year to
Such $9.187,926,
perfodie available in- reports as are dicate that the output of the main building products WEE comparatively well main- tained during 1938.
THE SHARE
MARKET
Among the materials to be col- .35lected attention should be called to private 17 manuscripts, and other ephemeral material which either do not exist In printed form or do not get into the regular book. trade. Materials of this kind will certainly perish they are not collected imme-
.351 the AR11 pamphlets,
Philippine Gold Mining Quotationsdiately. Such materials, we believe,
Atamoks
Atoks
Bagulo Gold
Benguet Consol. Coco Grove Consel Mines Demonstrations
I. X, L.
San Mauricio,
Suyoc Consol.
January 31.
44
34
United Paracales...
Market Comment. Quiet.
will be most useful to future his- torians and students, and will be given the greatest care and 251 thought in the work of preserva- 13.40 tion.
47) As this work of collecting w 0025 be carried on into an indefinite 2011 future. we hope to receive sugges- 64 tlons from any one interested. 1778 Dr. Yunni is a graduate of Uni- 23versity College, London. He travel- led extensively in Europe in 1934 and 1935.
68
1939
Commencing at 11.00'am.
At their Sales Room, No. 2 Connaught Road, Central, Ground Floor."
A QUANTITY OF VALUABLE KOUSEHOLD FURNITURE
معلم
700 Pieces Steel Tubs
30 Doz, Felt Mat Cones
7 Pieces Steel. Casements
4 Cases Torchlight Lenses
3 Bags Mineral. Ore
2 Mosquito Copper Wire Houses
1 Lot Toilet Powder
TERMS:-Cash on Delivery.
LAMMERT" BROS...
AUCTIONEERS.
"People Who Matter”
PEOPLE WHO MATTER, to the"
advertizer are the
people who can
afford to buy his goods. Most of" these people buy and read the
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