HONGKONG DAILY PRESS.
Finance and Commerce
COLOUR NO INDICATION New S'pore
OF PURITY OF RICE
The fact that the white colour of polished rice and white bread is no indication at all of the party of the rice or the bond is stressed by Dr. W. L. Blakemore, Health Officer, Hurst, in a pamphlet on the value of unpolished rice and wholemeal bread.
Dealing with the importance of ↑ "unpolished rice, the officer declares that those who continually eat polished rich are "deliberately starving their bodies of essential mineral salts and valuable protein as well as a very useful supply of fat.”
"The actual amounts of "these substances which are removed from your rice by the polishing process are 20 per cent, of the pro- tein, 79 per cent of fat, 84 per cent of fron and nearly 50 per of the other salts which are essen- tial to bodily health."
CALCIUM ESSENTIAL
rals and vitamins have been removed."
Concluding, Dr. Blakemore, after dealing with the different varieties of whole-meal four bread, says in conclusion that the white colour of rice and bread does not in dicate at all the purity of the substance.
H.K. STOCK EXCHANGE
Currency Rules
New currency rules, published by
FINANCE
MINERS WANT MORE PROSPECTING FACILITIES
„One of the most vital problems confronting the Malayan economy today is whether lands known to be tin-bearing should be made available for tin prospecting or be retained for, agri- cultural purposes, as at present is the case,"
This is a question about which there has been" considerable confusion of thought in this country, The Government has not 'seru eye to eye with miners who for the past twenty years have asked that more facilities, be given them. Mining organisations have periodically m la suggestions but these have for the most part been disregarded, says the Malays Tribana.
ܕ܂
The mining community feel should be allenated for other pur- the Controller of Foreign" Ex-that the industry which has pro- poses until the tin is extracted.
The simplest and best prospect- change in Singapore make it im-duced the bulk of the revenue perative, for exporters of goods, to and financed a considerable paring policy for any country, ac- the United States and Switzerland, tion of development projects of cording to them, is one that per- to get payment for their goods in the early pioneering days should mits "prospecting used in its United States dollars or Bwiss be given every encouragement. most general sense, by all and No discussion of the questionsunary wherever minerais ` are francs, says the Malays Tribune.
These rules have existed in re- gard to rubber and tin with the only difference that the United now the listed countries. States and Switzerland are
."
CONDITIONS DIFFERENT
This is to ensure that Malaya can be complete without a com- known to AXIS, gets as much as possible of these prehensive analytical survey of It is only on account of the ex- two currencies to balance the cost the food requirements of thestence of such facilities to pro- of the huge quantity of importa country and the “government | spect that many of the mineral that Britain is taking from the policy thereto. The question ofs deposits of the world have been United States and other countries whether the amm should be direct- discovered. for the war
ed towards self-sufficiency for Malaya or the full untrammelled HK. Banks were again dealt in,
But in Malaya the conditions but at the reduced rate of $1,100,
production of tin. At the moment are different from those existing. this being in sympathy with the
no pains are spared in finding a
In other countries. It is held that via media.
the operations of miners cause Calcium and phosphorus are ex-tion. A small lot of 1934 Issue of drop of £3 in the London quota-
The difficulties # prospector for damage to other interests. Tailings sential for the formation of the Government 31% Loan was placed.
With regard to contracts made tin in Malays has to face are interfere with the drainage sy2- bones, saya Dr. Blakemore, who later refers to the common white $95 excoupon, a line of Electrics before publication of these rules, many. In most countries the pro- tems of the country. Sir Louts @ $561 and a small parcel of exemption is granted in respect spector is regarded as a benefac- Fermor in his report is not con- Realties $31. Entertainments of contracts of sale entered tor. In Malays he is invariably vinced that free prospecting is re- came to business @ $6.80.
into before today provided that regarded as a nuisance, a prospec-ally harmful, He says that it must SELLERS
evidence is adduced to prove that tor stated,
be an axiom that wherever work- PROSPECTING the exchange had actually been
able tin deposits occur, Govern- Electrics $56.95,
bought by the purchase of the Prospecting is allowed on cer- ment should consider the desir SALES
goods, before June 17 and that the tain lands by the Malayan Gov-ability or otherwise or 'converting price of the goods had been fixed ernment under certain conditions, such tracts into mining land glv- HK. Banks $1,100.
specifically in the contract and These conditions lay down that ang due weight to the effect of the Realties $3.50.
not fixed in relation to the price company may bore a piece of land mining industry upon the general
and 1 tin is found no guarantee prosperity and the ruling on future dates.
bread.
This, says the Officer, has not only been robbed of its important minerals, but also-of all its vita- mins A and B. Dr. Blakemore also advises the change-over of this form of bread to wholemeal four bread
"What is the use of eating food stuffs from which much of the important mine.
BO
Electrics $56.75.
Entertainments $8.80.
Govt. 31% Loan $95 ex Tnt.
HONGKONG SHARE QUOTATIONS made
STOCK EXCHANGE,
Bayer Rellors
f1
Baies Nomina
$1126
260.
£60
£6
53
SHAREBROKERS"; ASSOCIATION
WED.. 26.
JUNE...
Banks
H.K. Bankstel
Do. (Col Bag.) +<a
Do. Lon.. Bog)
Chartered Banki
28] Mercantile Bka. **A**
11 Mercantile Bika, “ga
$73. Bank of Bark Asla
|3. C. & 5. Rasku ...
Insuranom
#218 Canton Insuranose .....
$390 Union Inezganens
PB eta Underwriters
IH
፡፡ ፧
$160. F
Shipping
$120 Dougis ceremon
311 Steambogia
$100 Indo-Chinns
(Prof.)
$80 Indo-Chinas (Del.)
30/0
Shells
$6.00 Waterbost
Docks, Wharves,
Godowns, etc.
H.K. &
Wharves
Providenis (new)
Harr Ballers
minuti umi
£85
£80
193
RUBBER AND TIN
For some years Malaya, has been and tin. ì practically closed to prospecting
revenues as
THURSDAY, JUNE 27, 1940, -PAGE 9
PABST BLUE RIBBON BEER
Cround the World, it's Pabst Blue Ribbon.
Pabst
BEER
From the Riviers to Singapore from Buenos Aires to Bombay ... h the smartest clubs, restaurants and bars as well as in the fine homes... you'll and this world-favourite et beers!
Because Pabst Blue Ribbon is in a, class by itself. The lighter, restier, beer for keener refreshment. Nothing heavy or seruny to slow up its delightfully invigorating action.
And wherever you order Pabst you'll And it always the same, Pure. Delidous Wholesome, For in every tangy, thirste quenching drop, we give you Guarded Goode ness from Grain. to Glass your absolute guarantee of the highest quality that Nature, 85-Year Skill and Modern Scientiße. Control can produce.
DODWELL & CO., LTD.
Queen's Building,
Trade Pact
With Russia
Tel. 20688
HONGKONG
SHAREBROKERS:
ASSOCIATION
Volume of Business Transacted
on Wednesday, June 28, 1946 Entertainmenta
is given that a-mining lease will against the financial value of the be granted. But even if the mini-land as used for the former pur- In respect of rubber and tin.ing lease is granted it will again pose. claims for the renewal of exemp-be subject to certain conditions. Unfortunately rice grows best tions previously granted should be These, conditions are so often so on alluvial soll and it is the si to the authority which unerous that a mining lease is luvial soll that in many cases con- granted the original exemption. not worth having unless the are taing tin ore, so that there is a
Further notifications published is very rich.
fundamental conflict between rice In the Gazette today state that Be Tamil the Registrar of Imports and Ex-
The recent experiments made ports will, in accordance with the of tin. The reserves of tin ore by attempting to grow rice on Detence Regulations, require that have been falling continuously mining slime, If successful, should the declaration of exports to the without an adequate addition of remove, this conflict. $1195 US.A. and ita dependencies be ac-fresh reserves.
There seems to be some truth' in LONDON, June 26 (Reuter)-In companied by special declaration Governument made an attempt the complaint that the tin indus- the House of Commons yesterday, forms CD, 1 and C.D. 2, as the to improve the situation in 1835 try is unduly resticted when one asked if he was now in a position case may be, in order to ensure and again in 1937, but both at-considers the revenue it produces to make a statement regarding that the foreign exchange protempts were doomed to failure. While the rubber industry occupies the negotiation for a trade agree- ceeds arising from the sale of the Steps were taken in 1937 to en- 4,861,410 acres, the tin industry ment with Russia, Mr. R., A. But- goods are made available to the courage applications for the con- occupies only 208,433 and in the ler, "Foreign Under-Secretary said exchange control authorities. version to mining land of agri-case of tin mining there is noth- that discussions are at present in
Applicants for export permits cultural land and other reserves ing to prevent "the. land being progress. are, however, informed that al-But very few conversions were used" for other purposes once the though compliance with the ex-made, primarily due to the reluc- tin is extracted. change conditions set out will be tance of officers in control of these Recently out of 445 applications essential to the issue of permits, reserves to release them
for prospecting licences only 204 such compliance will not suffice by In interviews with prominent were issued, 84 being European Itself to qualify for a permit, since mining engineers and miners in and 120 Chinese. Only 13,342 acres other wartime considerations and Kuala Lumpur, the Impression were affected by these Icences. 86.90 the requirements of the relevant gathered is that all tin deposits The Mines
International schemes must also should first be discovered. These submitted a comprehensive allena- "The invitation from the Mexican Mr. Butler declared "the Gov should be mined in an orderly tion policy to the government A Government is receiving careful emnment fully realise the impor- rashion and no tin bearing land
Continued on Page 11
consideration. I am not in a post-tance of the matter."
£231
$73
50 at.
$278
$390
60 cta
$160
$1L
$120
$100
$100
30/0
PAYMENT IN STERLING
be taken into account.
$90
$95
131
Providente
$3)
815 H.K. Docks (Old)...)
$15
16 E.K. Docks (New)....
$15
$24
do Rte.
$242 Bhanghal Dooks #... Pen Mining
17/0
Veerpals Gold Fide
6 eta, Hong Kong Mines
Lands; Hotel and Balldings
$4.35 H.K. Hotels
༄:;
$2.60
$30 E. Landa "smile 8291 | 8301 1100 Do. 4% Debenderas
$10.10 Shanghai Landa
$4.90 H.K. Balties k
#8: Humphreys -
#104 Chinees. Eclatna
Cotton Mill
$210 3h#1: Cotions" (1.} \\r\
4.
|[Zoong_dings. (1) ...
Wing On Turklas (15.); } #125.
Public Utilities-
$14.15 Tramways $7.40k Treats - (old) 200 $3.70 Teams."(DOW} va $605tar Ferties ETS 33%
Y'mat Batrina nient
[China' Ligkie (0)
China Lights New) China Libis Rta.
$56 Ketrics (Old)
. $17:
Macso
316 Macao Electrica (N)...
[$13.30
$3.80
####
###
Payments by sterling Letters of Credit will be approved provided that they are opened in London and are registered with the Bank
of England, Such credits must call 17/6 for an undertaking from the credit taker to purchase sterling
$100
in cover of bills drawn thereunder at the official rate of exchange by the sale of listed currency to the Bank of England, through an au thorised bank.
$7.00 MARKET REPORT
***
$32
FROM ROZA: BROS,
Bilver prices were unchanged
$910 yesterday, the quotations remain-
1
18
$87
ing at 21.1/8 for Ready and 21 for
Forward. Silver advices reported
SHOE CO.LTD.
HONGKONG SUPPLIES ALL
KINDS OF
FOOTWEAR
WANTED KNOWN
the market as being quiet, rand & Advertiser Box No: 334 thanks featureless American Silver was all applications and wishes it to quoted at 34.3/4 for Bpot.
Realties
500 6.50 2003.50
700
The total value is $4,000.00.
It is not possible to make a more detailed statement at this tion to make any statement re moment.
garding the nature of our reply." WITH MEXICO
Mr. W. Thorne, Labour, suggest Mexico is now willing to resume ed that the matter be speeded up diplomatic relations with the Briand a settlement arrived at as Department has tish Government, Mr. Butler said. early as possible.
Hongkong Daily Press CLASSIFIED ADVERTISEMENTS
ROOM TO LET
Fully Furnished Room in Eur ropean-style Flat modern con-
be known that the fat has been ventences, healthy locality-break-
The London-New York cross- || let: rate was quoted at 402.1/2 New
#York-London was quoted at 373.
-38
Industrials
g
23/0
$14.90) Cald, Maög. (Orl.) B.
Galdly Macg. (Proč) B.
#1 Canton Tong n
$134 Com
#4) - Roper an
Miscellaneous
#181 Dairy FarID, Dairy Farm"
#1 Constractione
$7,45 Laos Crawforde
Wa Kanyang Toba
89.60 Simonton
$7.80 Watsons
43 Ch. G.
8103 B.K. Gori,
195
H.K. Gov
Bhat/Wing&On |Vibro: Piling
63.10
Quiet.
MARKET
STERLING
TO LET
FOR SALE
$8.90
lers at 23.3/16 for June-July, buy-
2 Bedroom Suites
$184
SHANGHAI DOLLARS
1 Dining Room Suite
$1.85
fast optional-Apply 87, Marble | Road, 2nd Floor, North Poln£ .:
#
原廠
ROYAL STUDIO.
"Art Photographer
Excellent Enlarging & Developing
39, Queen's Rd, C.
3
Tels, 21184 & 33008.
RUSSIAN CUISINE
MORE POPULAR EVERY DAY
METROPOLE HOTEL
1940 ZENITH-
NEW MODELS Just arrived NO AERIAL, NO GROUND, Just plug in and play
UEN YEE HONG
DANCES
Telephone 424311
54 Dea
'
ENGRAVERS
ORLANIST CORECTION DE KARG VISA I POLN
FEL FEI
Co
LAMMARE
18, Cocheaz
Telev
Modern detached house in Kow Business was done at 1/3.1/32 toon with 6 rooms and 2 bath- for near and 1/3 for September rooms. Good locality. Garden and and also for August delivery. The large garage. Furniture, and it market closed with sellers at 1/3 tings to be taken over at reason- June-August, and 1/231/32 Sep-able price. Please apply to: Box tember-November, buyers at 1/3.- No. 373, H.K. Dally Press. 1/32 Cash and 1/3 September:
U. 8. DOLLARS ****
Nothing doing. There were sél-
era at 23.5/16 for Cash,
Opened with sellers at 979 but 1 Drawing Room Bulte complete. subsequently the market rose to. with 6 cushions, and $7.45 385 at which rate a fair amount tovers.
of business was done he mar-1 Refrigerator (7 cu. ft)
new
$4.10 ket closed with sellers at 383.1/2GE Radio complete with Elec- $7.90%
SHANGHAT MARKET
Opened with sellers at 3.29/32 and
tric Gramophone playing desk
FERTABS
Pills for Plants
"A complete" Concentrated"
Food for Fot Plants
or Magic Growth
for
in boxes of 60 and 150 pills - at $1 and $2 per box.
Direction
Just push them in-water and watch the amazing growths
GRACA & CO.
Dealers in Flower and Vegetable
then eased off to 3.21/32At the Also several carpets, tea-poys, Beeds, Postage Stamps, &c, &c.
and 300 records.
901
#39
close taie market reacted again to 3.29/32. "US Dİ
tables, chairs, etc.
with
sellers at R
ported was 5:15)
«Théɛmarket
All in excellent condition Owner
Joining Ser
Box No.
6.1/32 for Spo
Daily Press.
BUTTERICK
Hong Kong. New
No.:10" Wyndham Streef
Established 1896:
Jimmy's