1940-03-27

HONGKONG DAILY PRESS

HONGKONG SHARE QUOTATIONS

SHAREBROKERS' ABEOCIATION

STOCK KICHANGI

Bayw

Sales Xominal TUESDAY 28.

Bayer Belleza

Salon | Toralita)

$500

ii.

###

13041

MAR.

Banks

$1500/1400 BLK, Junks

307

£93

Do. (Col. Bug.) 1

Do. Lon. g.)

£94 Chartered Banke.... £31 Marosatile Bks. "A"

-P1og | Mercantile Bha, “O” Bank of Bant Agia ....

#71

75%

IN. C. & & Banks ---

Insurances

#232 Canton Ingsrenoso ụn

BB00

Union Insurance

Underwriters

$187) HL F

$1500

2931

Bait £190 #71 50 ots

190 ota,

$232 $500

1187)

Shipping

$150 Dougla

$155

$10) Lesbosta

$100 Indo-Chinas

Indo-Chinas (Dol.)...

78/9

Shella

#104 $100 $120 78/9

$TI

Watarbosts combatta

Docks, Wbarves, Godowns, eto,

$7.40

$5.20

$109 $5.20

#38

19/0

$10

$108 K. & K. Wharris

Providents

Providente (new)

H.X. & W. Dooks...

Do. (new)

$37 Shanghai Dooks B.

New "Engineeringe

Mining

19/0 Kaila

$280 Raabe

$4 Vaperuals Gold Wide

4 cta Hong Kong Mines ...

$38

Lands, Hotels and

Buildings

H.K. Hotels

B.K. Lands ...........

$100 Do. 4% Debastores

Shanghai Landa

#15

$4.90

H.K. Rostam

XD. 108

Humphreys .........

Chiness Estakan kom

Citon Mills

$48 E (8)

#170 Bhai Coltons (8.) ... $65 Loong, Sings (5.) $481 Wing On Tertiles (8.)

Public Utilities «

0854

$100

મ

$5.85 $5.60

$38

គហៈ ឌឌ

FINANCE

Finance and Commerce

Szechwan's Sugar Industry "UNPRECEDENTED"

Worth $20 Million:

Sugarcane has started to appear in the Chungking market. A few months hence, many corners in Chungking will be as lit- tered with crushed sugarcane as they were with tangerine peels a few months ago. When summer comes, plantations in 46 districts of Szechwan districts will" have y'elded about 25,000,000 piculs of sugarcane from which more than 2,000,000 plculs of sugar, valued at $20,600,000 wil be manufactured..

AERONAUTICAL

.. Szechwan as a sugar producing area is as rich as Java or Cuba. On the average, it produces an- |nually 700,000 plculs of white

EXPORTS FROM sugar and 1.000.000 picula of brown

U.S.A.

WASHINGTON, (Hayas Air Mall)-The United Department of Commerce

nounced that aeronautical

sugar With the decrease in supply of the foreign product resulting from the war. Szechwanese sugar - By now enjoying a nation-wide States sale. Formerly, Kwangtung. and an-Fuklen, used to produce 2,500,000

ex- and 500,000 plculs of assorted pores during January were valued sugar, respectively.

War.

MODERN PLANTS"

SCOPE OF JAPAN'S NEW TAXATION:

TOKYO, Mar 26 (Renter) -The Taxation Baforma B, whereby the Japanese Gore- ernment aims at increasing the revenue, from taxation by 500,000,000 yen sonually. passed into law when the Копье of 'Peers yesterday adopted the BI as amended by the Lower Houge.

The Finance Minister des- cribed the reform plan as "unprecedented in the vast ness of its scope in the an- nals of taxation in Japan."

WEDNESDAY, MARCH 27, 1940, -PAGE 9

WOOD OIL, TEA IN HIGH DEMAND IN

U.S., U.S.S.R.

More than HK$25,000,000 worth of Chinese "goods were ex- ported through Hongkong in January. This is an increase of HK$11,131,416 over the figure of the corresponding period of

Increase

WAS the States and for

last year. Responsible for the tremendous: heavy demand for wood oil in the United tes in the USSR.

During the month under review, HK$12,233,859 and HK$3,841,021-

worth of wood oil and tea, respec- BACON SURPLUS

NOT GENERAL

tively, were exported through the British Colony, of which HK$10,- 000,000 and HK$3,000,000 worth went to the States and Russia, re- Although there are large sur- spectively. Export figures for plus supplies of bacon In` Man- other commodities for January are chester and certain parts of Laş- as follows: Cloth, HK$5,000,000; dan no reduction in price is con- materia medica, HK$2,249,249; raw templated by the Ministry of

SNK, HK$1,008,730; · mineral cres, Food, says the Daily Telegraph. HK$1,004,292; bristles, HK$194,468;

An omels) of the Ministry and others (including animal pro stated that the surplus bad ac-

Stern Dutch ducts), HK$552.985

Conditions

AMSTERDAM BERLIN AIR SERVICE IN OPERATION

cumulated because some retailers The amount of wood of that

seemed to have over-estimated 'reached Hongkong in January

the demands of their customers. from various parts of China total- Ied 90,697 piculs. All this, plus Bacon, he agreed, was "pretty consigned to foreign countries. some 5,000 piculs of old stock, was expensive," though the rise."was

not sudden, and it was likely that" In January of 1939, only 57,884 the surplus had arisen because piculs were exported abroad many people were unable to pay through. Hongkong. Similarly, the the present price. AMSTERDAM, Mar. 26 (Havas) amount of tea exported increased The Ministry had no knowledge A direct Amsterdam-Berlin Air from 6,520,000 lbs. in January, or any surplus of butter. Service has now been opened for 1939 to 7.360,158 lbs. in January.

"Machinery

the several

exists under days

and planes arc

Rationing Order," the 'oficial operating dally on a schedule, For the whole year of 1939,

continued. * send surplus transporting freight.

products" exported rationed food to other districts f through Hongkong were valued a retallers report to their local food. HK$302,000,000. Export figures for the principal commodities for the

SIZE OF MEAT RATION year under review are as follows: Mineral ores, excsuding antimony it has not yet been decided how manganese, HK$44,000,000; much the official ration of mest wood oll. HK$36,500,000: tea, shall be, but a statement will be HK$18,640.000: raw silk, HK-House of Commons. HK$21350,000; materia medica, made shortly, possibly in the

1940,

$25,480,817 - the second

Kwangs Ktangsi, Yunnan and largest monthly total ever re- corded. It was only 10 per cent but on a limited scale. The na

Kwelchow also made brown sugar. under the record total in Decem- tion's total production was more ber 1939. The principal markets for American aeroplanes in Jan. than 5,000,000 plculs before the uary were the Allies, with Francet leading the list with $12,053,978 and the United Kingdomi nex with $4,040,912. Australia bought Aday's motor drive west of $2,733,149 and Canada $1.512,536. Chungking will bring one

Szechwan's chief sugar producing PRINCIPAL MARKETS Other fisted were: Turkey $1, centre, where a vast expanse of 118.641; Sweden $1,113.871;

Finland is covered with the dis- land, $1,047,651: China $197,993; tichous-leared perennial plant.

Contrary to Britain's Brazil $233,743; and Japan, at Here may be found three modern the bottom $179

ment, which with plants manufacturing and refin Dutch and British operations

admitted the list. $85

$200,152

ing sugar; afof them are operat- $100

Aircraft exported during

the Amsterdam-London line, the Jan-ed under the direction of and sup-" uary totalled 233 units valued at ported by the Ministry of Econo-

Germans requested, that the дож and Kne $17,574,169. Of these 205 were mic Affairs and

be operated by German the provincial complete land planes valued.

planes and pilots only. The Dutch at authorities. There is also a sugar-agreed to this, but imposed im $15,877,784. 27 land planes were cane improvement station

portant restrictions.

$42)

H.K. STOCK EXCHANGE

$18.10

Tramways wargamen

$17.80 $18

Peak Trame (old) ...

$8"

Pank Trame (mat) .......

$38

Star Ferrim

$68

$27

!!!

$18.20/130

Ymali Ferries "

Do. (now)

Chins Lights (0)

$5.40 China Lights New)

China Lights Rta.

166 XD. H.K. Electrics.com

322

$11

$301/30...

Macão Electrics

Bandakan Lighis

Telephones (cid)

811.60/11... Telephones (ww)

25.60

20/9 Trations

230 Traction (pret.)

Industrials

814.90 Caid., Macg. (Ord.) 8.

$12

|Cald., Macg. (Pref.) 8.

Canton Ios

1819.80 Comenta

8231

Boper

Miscellaneous

Dairy Farm (Old).

Dairy Farin (New)

87.40 Ch. Baismante ......... 911

214

$28

$261

exported without engines.

་

China's 'mäin $8.30 aeroplane engines, of which

took 34 valued at $372.752.

purchase

was she

965) X.D.

$30+ $11.75/70

2019

The holiday feeling not having entirely worn off, interest in the market

was little better than academic.

BUYERS

Union Ins., $500.

$79.55 $19.75

Docks, $23.

$23

Humphreys. $7.90.

€231

Tramways. $177.

$7.40

China Lights (Old), $8.20.

|Constructions

(old)

$1.85

China Lights (New

$5.40.

Construotions (new)

374. Lane Crawforda

Ropes, $5.45.

Nanyang Tobacco ....

83+

SELLERS

$1.80 Bincere

810.6 Watecos

$10.66

514, Ch. G.5% 1960 $Bd,

[B110%

$101 R.E. Gov. 4%. Loans

100%.

H.K. Govt.

%Las

ទអង្គ ឌ

841

H.K. Wing On

141

d'hai Wing On

***

$12

Vibro Piling

14/6

Marsmans Inv. (Lon.)

HK, Bank, $1:500,"

Lands," $38.

Tramways, $18.

Telephones (Old), $30), Telephones (New), $11.60. Ropes, 354.

SALES

H.K. Bank, $1,480.

agree- Joint

Chinese

committee.

528,000; and bristles, HK$8,623,000, Customers are," however, warned In 1938 the exports were worth by the Food Ministry that they about HK$248,000,000,--(C.10.). should, in their own interests, obtain their meat only from the shop at which they are registered. Butchers will thus be able more was accurately, to assess their require- but menta.

Sugarcane is grown in 46 of the

DUTCH CONDITIONS 132 districts of Szechwan, cover- Planes flying over Dutch ter- ing an area of 84,000 acres of land, ritory must be of a determined according to the official report. It type and muse follow a carefully is estimated, that about 10,000,000 drawn route, Furthermore air. people or one-sixth of the pro-liners must be operated by per- that a German plane which vince's population depend directly manent crews, the names of put on the Amsterdam line, or indirectly upon the sugar in whom must be submitted to the which did not conform to the dustry for their livelihood. cul- Dutch Government, for approval. fixed type, had to return to Ger- tivating rice or wheat only for { The sternness of the Duth con- many after a warning shot from supplementary income. Szoch- trol is emphasized by the fact the Dutch anti-aircraft guns.

wan's sugar industry has an an

nual turnover of $20.000,000. Its production of molasses has not yet been able to meet the demand.

Szechwan sugar has been in high demand on the national market in recent years. Last year 20,000 quintals of white sugar worth $1,750.000 were marketed In other provinces.

Attempts are being made to im prove the quality of the sugarcane by the authorities, while small- scale refineries are being pro- moted (CLI.C.). -

WEATHER REPORT Hongkong Royal Observatory

10 am., Marth 26. Barometer, (at sea level). 30.18 ins. Temperature, 84 F. Humidity, 82 per cent, Wind Direction. E/S. Wind Force (Beaufort), $ Temperature: maximum yesterday

73 F. Temperature, minimum last night.

63 F.

BONG KONG TIDE TARIK"

From 97 Mar. to 9 Apr. 1940.

Dsya of

Week

Date of

Month

LOW WATER

Height

Hong

Kong

Standard

Time

Height.

Headmaster's of schools where pupils have a midday meal are wondering if they will be able to continue to supply rationed meat. It is possible that an arrangement will be made by which one or one and a-half coupons from the boys' ration books will be given up to the school, which will be classed as a "catering establish-

ment."

The Ministry considers that the evacuation of Civil servants and others will not seriously upset the is rationing arrangementa MARMALADE

HIGH WATER.

Bong

Kong

Standard Time,

h. m.

Min.

h. m.

Wed. 27

Thur. 28

Fri. 20

11 28

03 05

1803

00 50

05 35

1206

19:00

:) 55

06 08

Total rainfall since January 1st

9.48 1133

12:30

2006

120

Set.

03 14

06,36

3 8

Some doubt has been raised by the recipe offered by an official of the Ministry of Food for making 231b of marmalade, which men-

13 42

91 28

2 1

Against an average of, 5.24 ins Sunset tonight, 6.37 p.m. Bunrise tomorrow, 6.21 am

SUD. 31

(1447

41 07:15

4 0

tions 14lb of sugar and 341b of Cranges.

13.00

501 2262

MOD.

06 30

16 30

Titel.

07 25

11.05

Rainfall for 24 hrs., ending 10 am

today, nil.

Marsmána Inv. (L.K.) Wm. Powalls.m |*Balan to "Shanghi

World Crude Oil Production

Reaches New Peak

NEW YORK, (Havas-By Air Mail)—An all-time high was reached in production of crude oil throughout the world during the month of December, according to "World Petroleum” which uses mainly official figures 'for its compilations.

The December output of the most crucial single item of "modern wartime necessities was put at approximately 186,088,- 288 barrels, as compared to 178,852,937 barrels in November and 168,236,618 barrels in December 1938. Total world production" In 1939 was put at 2,076,852,295, an increase of 5.5% over the out- put in 1938.

The United States produced, monthly total since May 1939 1,266,517,500 barrels, or 80,9 per Poland produced 3,828,000 barrels cent. of the world total : The 1939 in 1998. Its peak was above output of this country was 53,000,- 4,000,000 several years ago, 000 barrels higher than In 1938 but 12,680,000 barrels under the peak of 1937.

SOVIET PRODUCTION The USSR. ranking second in world production, produced 216,- 727,000 barrels in 1939 as compared

vious year. Venezuela was a

Germany, taken together with Austria, Czechoslovakia, and Moravia, produced 5,300,- 000 barrels, a new record, but less than 10 per cent. of Ger- many's normal requirements.

Union Ins., $505/510.

Docks, $23.

Providents, $5.20....

China Lights (Old), $8.30.

Electrics, $654.

Telephones (Old), $294.

Cements, $191.

Ropes, $5.85.

MANILA GOLD SHARES

Atoks 16h. Antamok 12s, Baguio Gold 21s, Batong Buhay 01b, Big Wedge 18b. Coco Grove 11b, Con- solidated Mines 00359, Demon- stration 1045, LXL, 356. Ipo Gold 10b, Itogon Mining 20ja, Masbate Consolidated 0818, Mine Opera- tions 0918, Paracale Gummaus 18b, San Mauricio 74s, Surigao Con- solidated 18s, Suyoc Consolidated 1215: Syndicate Investment, 02s, United Paracale, 2415, Mindanao Motherlode 0915.

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted on Tuesday, Mar. 28, 1940 H.K. Banks' Cements

IRAN - SOVIET TRADE PACT

4 p.m., March, zu. Barometer (at sea level), 30.08 ins. TEHERAN, Mar. 28 (Reuter)-A Temperature, 64 F. Treaty of Commerce between Iran Humidity, 77 per cent. and the Soviet Union has been Wind Direction, E... signed.

Wind Force. (Beaufort), 4.

SHOE CO.LTD.

HONGKONG KUFPLIES ALL KINDS OF FOOTWEAR

: BEST CANDY STORE IN

10 $1.480.00 COLONY, WITH LARGE ASSORT-

19.50 MENT BRITISH-AMERICAN CAN-

500

.200

19.50 DIES

200

19.50 NUTS,

to 208,182,000 barrels in the pre- PRIVATE OPERATION China Lights (Old). 500 close third, with 205,956.000 bär- OF U.S. SHIPS H.K. Docks ⚫rels, an increase of 32,000,000

barrels over 1938,

WASHINGTON, (Havas-By Air Most notable gaina during 1939 Mall) With the chartering "of were made by Egypt, and Saudi the vessels of

FRESH CONSIGNMENT. FIGS......... RAISINS FINE

8.30 CHOCOLATES, BRITISH-AMERI-

5.00 CAN CANDY STORE, 15, POTTIN- 23.00 GER STREET.

China Lights (New)

300

350

23.00

HK Electrics

86. 66.00

120

85.75 ..

10 65.75

#500

500 1,000

5.00 $.50

the American

Sound-Orient Line - all in Far oll production two years Egypt produced 4,415,000 barrels in Eastern service the latest gov-

Arabia which pad only a negligible Pioneer Line and the Puget HK. Hotels

1939, against 1,561,000

ago.

barrels in

1938. Saudi Arabia produced 3, 855,000 barrels in 1939 against 495,000 in 1938.

DECREASE IN RUMANIA Rumania "one of the most im portant oil producing centres from the point of view of the European war-fell behind with only 45,996. 000 barrels, the smallest total in many years. Production in 1938 was 48,366,000, barrels.

ernment owned and operated foreign services have now been

H.K. Tramways

turned over to private operation... Telephones (0) Bix ships of the Puget Sound-HK. Telephones (N) Orient Line were chartered by the American Mail Line of Beat- tle. The ships involved are the Capillo, Coldbrook, Collingsworth, Douglases Satartia, Crown City, and West Crisetta, The bid was for 317- 871 per month.

WANTED

By Baroness Guillaume of Shang-

5.30 hal. Experienced European Nurse.

100 17.85 Three Children and infant, Liberal

100

2 2 083844

9368 91

17 60 15 7

Maximum temperature, 67 F. Minimum temperature, 82 F Rainfall, nil

Hongkong Baily Press CLASSIFIED

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