HONGKONG DAILY PRESS
Finance and Commerce
1940 SEES RECORD RUBBER PRODUCTION
Consolidated figures of Malayan rubber exports for the whole of 1940 show that our rubber exports totalled 772,767 tons last year, the highest level ever recorded, it is believed. Last year's shipments ex- ceeded that of the previous year by 219,443 tons, says the Malaya Tribune.
The value of rubber exports for the first three quarters of 1940 (580.728 tons) amounted to about $529.33 million, and on this basis the total value of last year's ex-
ports must be well over 705 million
dollars.
་་
With good prospects for the in dustry, it may be expected that production may establish yet high er records this year.
"
Even discounting the effects of the war. it may be presumed that the rearmament programme in the Malayan industry in a fairly pros United States alone will keep the
in
Industrial Co-operative
FINANCE & GENERAL
POTENTIAL DANGERS TO
RUBBER INDUSTRY
"The prospects of 'rubber during the, current year are satis- factory. "A good price and a good quota are likely to combine to give a good profit for 1911," declared Mr. Tan Cheng Lock. C.B.E.. when addressing shareholders *'at the annual general meeting of the Malaka Pinda Rubber Estates, Limited.
Mr. Tan Cheng Lock, however, 100 acres which averages $50.62 added that the future position of per acre per annum, while the re-
Movement the industry as a whole was diffi-maining $31,043.64 represents the
Progressing
cult to foresee.
initial cost of opening up the 290 "While the decline ba the acres of new land at Bukit Pan- domestic use of rubber is more chor on Malaka Pinda division and than counteracted for the time on Bukit Bruang division incurred Marked progress has been made being by the consumption and ac- curing the year, which works out the Chinese Industrial Co-cumulation of reserve stocks of at an average of $107.04 per acre. operative Movement during the the commodity for war purposes. past two years and at present there are potential dangers facing
CLONAL SEEDLINGS there are 2,000 units of coopers the industry arising from possible tors have acted in the belief that In this connexion, your direc- tives with a total membership of over-production, new planting in clonal seedling 30,000 persons and a monthly pro-countries outside the regulated liable and high-yielding as the are" "Just as re- duction capacity valued at $12,- territories, increased
use of the buddings known today." There Chairman of the Board of Direc-and the expected post-war slump," 600.000, declared Dr. H.H. Kuris, synthetic product in the future seems to be a definite beginning in gradual turn among some plant- Mr. Tan Cheng Lock emphasised: reception given to foreign press
ing authorities in favour of clonal A profit of the year amounting seedlings as opposed to bud-grafts correspondents in Chungking.
of ten per cent, making a total of to follow to $138,274.83, and a final dividend and your directors consider it safe 14 percent. for the year, was an-
a policy of planting proved.
The December shipments åt 69,- 365 tons were about 17,000 tons more than that of the previous { perous condition for some time tc/tors of the C.I.C. in a speech at a
month.
That the remarkable. Increase in Malaya's exports last year is due mainly to the record shipments of rubber is shown by the fact that rubber accounts for nearly sixty per cent of the total value of our exports in 1940, which may work out at over $1,200 million.
SUSTAINED DEMAND
The sustained demand for rub ber and tin from the United States throughout the year was the main reason for the record turnover of our trade, leaving Malaya at the end of the year with an all-time record balance of trade in favour of Malaya of over 240 million dol lars.
The largest quantity of robber ex ported from Malaya in any month
tember. "ard the lowest 48.585 in April.
come.
LONDON STOCK EXCHANGE
LONDON, Jan, 16 (Reuter} In the Stock Exchange, resump tion of interest in Industrials was pronounced.
firm
Dr. Kung said that the CIC has a four-fold aim, namely, to secure useful employment for war refugees, to supply China's' need of daily necessities, to combat against Japanese- economic en- croachment, and to propagate the principles of the cooperative move- ment in order to
prepare the country for industrialisation after the war.
Activity increased over 2 Wide area and substantial gains were numerous. Tea shares were
15,600 MEMBERSHIP but the shortage of floating supply Kung stated, the movement had at Launched in March. 1988, Dr. shares restricted the turnover. its inception only 246 units with and a membership of 3,600 persons. At the end of the year. the number of units, was increased to 1.284 and the membership to 15,600.
Home ralls went ahead
Katirs were supported by local operators. In Gilt-edged. after a brisk demand, the interest slack
generally maintained.
Wall Street was most dull
At
to 16 provinces. There are 2,000
and a production capacity of $12,- 000,000 monthly.
A further donation of $1,000 to the War Fund was 130 approved. cheng Lock said:
Addressing the meeting Mr. Tan
50/50,
FRIDAY, JANUARY 17, 1941. -PAGE
SAY
Gordon's
and know what you're drinking/
NO
GORDON'S
DRY GIN
DISTILLERY LONDON.
COLOURING MATTER
NO INJURIOUS INGREDIENTS
in August 1929, your directors' planted 13 acres of our Tanjong Slakope division with Tikado and Prang Besar selected seeds from which a yield of 1250 pounds per The
net prönt for the year. acre per year have been obtained in arter providing for depreciation the first five months of initial tap- and directors' fees amounted to ping on the lower basal bark up to $139.274.83 equivalent to 38.7 per the end of last month, while the cent on the issued capital of the bark of these trees is, generally the previous year, thereby permit- those on the 27 acres of budded Company and was treble that for speaking, thicker than that of ting the directors to recommend a rubber on the same division plan- much higher rate of dividend for ted at the same time which gave the year.
an average yield of 1123 pounds Manpower, Resources The balance sheet shows an ex-
per acre per annum during the penditure on development during same period of initial tapping.
Given Freely $5,062.79 was spent on the upkeep
ASSESSMENT
War Effort Of Yunnan
RESERVE BANK OF INDIA STATEMENT
Calcutta, Jan. 15 (Reuter).
Jan. 3 Jan. 10
Notes in circulation. (including Notes held in the "Bank-
(Indian
.........
$2,984
..last year was 78,489 tons in Sepened but the early advances were present, the movement has spread the year DI $36.106.43, of which
ing Department)... 25,536 25,905 Rupee Coln and Bul- CHUNGKING, Jan. 16 (Reuter)
lion in India For the current year our stand-
2,952 units with a membership, of 30,000 of the immature replanted area of ard assessment has been fixed at-The important part played by Gold Coin and Bul-
1,032,600 pounds which is a slight
Yunnan in the war of resistance lion in India 4.441 4441 increase on the 1,004,800 pounds Was emphasised in Chinese circles Securities
4,961 at which we
Government)
4.981 were assessed last
Since year.
the
(British outbreak Yunnan Securities sent The prospects for rubber during
more than 100,000 men to
Government): 13,150 13,550 (Figures in Lakhs of Rupees).. various fronts. the current year are satisfactory. A good price and a good quota are
HONGKONG
STOCK MCHANGE,
SHARE QUOTATIONS
SHAR BROKERS' ASSOCIATION THURSDAY 16 JAN.
Banks
Buyer Bollers Sexy Jamia!
Do. (Col. Reg.) ............. Do. Lon. Reg.) Chartered Banks...... Mercantile Bks. "A". Mercantile Bks. "O".
B-Xera
Sales Nominal)
Paysi
$1390
$1385/ 90
£83
H.K. Banks
£87
£23
10
$75)
$207
$405
$1
$165
$1671
Shipping
$135 Douglases
$11
Steamboata
395 $8.85
#18
:་ a
Bank of East Asia...........
N. C. & S. Banks..... Insurances
Canlon Insurences.....
$75
Unlan Insurances.......❘ $405
Underwriters
H.K. Fires.
$100 Indo-Chinna (Pref.)...
830
Indo-Chinas (Del.)
46/3
Shells
$7
806
Waterboats
Docks, Wharves,
Godowns, etc.
H.K. & K. Wharves.. Providents
$18.70 H.K. Docke (Old).
$1385
£83
£91
£27
£10
411
1.
Dr. Kung said that the move- ment has been financed by three sources, loans granted by the Government totalling some $10,- 000,000, loans by the government banks amounting to $20,000,000,
H.K. STOCK EXCHANGE
and donations by public organisa- A higher level was recorded in tions in China and abroad. In Trams which took the lead in to Hongkong there Is an Internation- day's turnover, the general tone of al Committee for the CIC. Pro- the market being steady. ductive Relief Fund headed by Bishop R.O. Hall; Dr. T.V. Soong
and Madame Sun Yat-sen,
There is a similar committee in
13 c. America headed by Mrs. Roosevelt.
and Admiral Harry Yarnell, former $205
Commander-in-Chief of the US. Asiatic Fleet-Central News).
HONGKONG
SHAREBROKERS'
ASSOCIATION
Volume of Business Transacted
on Thursday, Jan. 16, 1941.
3
Buyers
HK. Banks. $139.
Bank of East Asia, $75,50 Canton Ins., $207,50, Union Ins., $405.
HK, Fire Ins., $185. Wharves, $95. Docks (0), $18.50 Providents, $5.65. Hotels. $3.50. Trams, $18.40.
Star Ferries, $62.. Lights X Rts., $6.20. Lights Rts.. 95cts. Electrics (O), $40.
Telephones (0), $25,29 Cements, $18.30,
Dairy Farms, $19.20, Watsons, $11.
80 ct.
$165
$135
સવા
8100
$100
46/3
$7.
SALES
835
China Light X. Rts....
120 # 8,20
$5.70
.1,000
6.25
8184
$36
H.K. Docks (New)........ Shanghai Decks...
$18
818.10
China Lights Ris.
125
.95
$35
HK. Docks (0)
200
18.80
Entertainments, $7.
Mining
HK. Docks (N)
-200
18.10
1:
16/3
801
Kailaus
Raubs
1 eta, Hong Kong Mines.....
071
***
10/3
H.K. Electrics (N)
50 40.00
Constructions (O), $1.60,
Sellers
H.K. Tramways
100 18.40
Lights Rts.. $1.
200 18.50
Cements, $18.60.
Lands, Hotels and Buildings
500 18.50
Watsons. $11.50.
100 18.55
Vibro Piing, $7.70.
$3.56
H.K; &. Hotals.................
$3.55
200 18.55
$34.60 H.K. Lands.
$34
300 18,50
$100
Do. 4% Debenturea...
$100
200 18.50
$15 Shanghai Lands........
200 18.50
$3.83 HK. Realties.
$3.45
..500
18.5:
H.K. Banks, $1395.
X.D. 209
$7.96 Humphreys .....
Chinese Estates........
$7.90
3,995
likely to combine to give a good profit for 1941. But the future position of the industry as a whole is difficult to foresee.
here.
Brighton Corporation are to dia- wardens,
It is stated the total invest- in heavy industries in the pro- miss 100 paid ARP. ments by the Central Government vince during the same period ex- each paid £3. a week. The de
ceed $300,000,000:
cision is an economy measure.
Another $300,000,000 has been spent on the building of railways the development of natural re- and highways in Yunnan
sources in the province:
Fourteen thousand copies of a
The total note issue of the Fu- The annual output of tin from book. "British Cotton and Rayon tien Bank, which is the provincial the world famous mines at. Ko- Textiles," are soon to be sent by bank in Yunnan amounted to chiu, south of Kunming, estimated the Cotton Board to all parts of $50.000,000 up to the end of 1940. at 8,000 tons in pre-war days has. the world to show that. Britain NATURAL RESOURCES
been increased to more than 10.000 still delivers the goods,
The bank invested $60,000,000 in tons.
13
PRE-PAID ADVERTISEMENTS.
+
The following classes of advertisements are charged at the price given below:- SITUATIONS VACANT,
HOUSES AND APARTMENTS WANTED.
HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.
Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.
WANTED TO BUY
$182 $184
$61
240
$201
:
$18 35.
$48
Cotton MIL
Ewe (8.)...
8205 8'bai Cottons (8.)...
Zoong Bings (8.)......
Wing Oa Textiles (8.)
Public Utilities
H.K. Tramways........| $181.
$7.40 Peak Trams (old)....
#3
+
246
The total value is $59,007.75.
$200 Govt. Loans 34% $2,000 at 92fex.
$125
$7,40
Peak Trams (new)....
$3+
Star Ferrick
331
3241 Y'mah Ferries..
824) $6.30 XR.
$101
X.Rts. $61
China Lights (0)
"China Lights (New)..... H. K. Electrice (O
H. K. Electrica(Now)...
$173 Macko Electrics (014)
$391/ 40
$183
1
Macao Electrics (New) Sandakan Lights......
Telephones föld)...
$10,20 Telephones (now).
S'pore Tractions (Ord.) Industrials
$31 Caldi, Macg. (Ord.) 8.
3.5
Cald.. Macg. (Prof.)S
$1
Canton Ices.
018)
$18 FO
$8
H.K. Bopes *******
$974% Loan.
+
K.Int. $9231%
$7 $1.70
$1
39
CH
•
$7
$19,20
$7.70
Cements ......
HE. Gort. Louna
X.Int. $92 31%
96 ota. $1.00 96 cta.
(1934).
(1040)...
Miscellaneous
Dairy Farms...erietantes. Entertainments Constructions (old).......
Constructions (new).......
Laon Crawfords.......... .......... Nanyang Tobacco...... $3
$2.18 Sinceres
Watsona
49/47 Ch. G.6% 1025G$Bds,
$39-
H.K. Wing On...
S'hai Wing Un
Vibro Piling
7/6 Marsmans Inv..(Lou,
2/6 Maramans Inv. (H.K.)
$1.90 Wm. Powells.........
Chins Lights(Rights) 48ale to Bhaoghal-
2***
:ཐཱ་ །
9.
$25
BOL
Sales
HK Govt. 31% Loan (1934), 8old and silver articles.
92,25.
Wharves, $96.
Docks (0), $18.60. Trams, $18.40/55. Cements, $18.35.
WE PAY HIGH PRICES for all Jade, diamonds, jewels, watches, foun- tain pans. Apply Far East Dia- Grond and Gold Refining Co. Room 621, China Building, . 8th Boor.
WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels.
HALF-A-MILLION WOMEN Apply China Gold Refining Co.
FOR ARMS PRODUCTION
Fedder Bullding. 2nd floor, Room 6.
WE OFFER HIGH PRICES for Half a million women, the large majority at present out of any amount of gold articles, employment, are to be absorbed into Britain's munitions" production. diamonds, allver, etc. No holidays. They will be trained in various branches of engineering, receiving Apply China Building, 7th floor. adequate allowances, and will then be employed on the work for Tel. 30727. Eurasia Gold. Refning which they are best fitted.
Co.
These workers will be absorbed being trained locally, Away from $10 under a Ministry of Labour scheme home: Lodging allowance. (usually prepared by Miss Caroline Haslett, 18s per week), plus 7s pocket a ploneer woman engineer, who inoney, plus 30s 10r dependant. “ was appointed adviser to the Min- These allowances are practically Istry on the training and employ- the same as for men, except that 75 ots, ment of women some weeks ago. the pocket money for women over
$18.60
Training, which will last eight 21 is 18 less, weeks, is to be given at technical |
Miss Haslett told the Daily Tele- 98%, schools and in engineering works. graph that the Ministry of Labour Trainees will be absorbed in relays had given everything that women to ensure a constant flow of addi-
could expect from them. tional labour, and it is hoped that $19.10 by the end of next summer the whole 500,000 women required will $1.65
be on full-time work,
$94
€17.
$2.20
$11
30%
$39
EATES FIXED
WANTED KNOWN
Why not learn all the Fancy your dresses latest Stitches for and Sweaters.
JOIN THE KNTIFING, CLASS AT $3.00 per month. (Twice a week lesson). Please apply to Box No. 054 c/o H.K.D.P.
ORDERS TAKEN for hand-made ""Now," she declared, "It is up sweaters, Ladies' jumpers, Babies* to the women, and my greatest outts. etc.. at $5.00 each for anxiety is that they shall respond: workmanship.
We have done away with the too
Seud particulars of address, etc..-
Wool and model desired," to be old at 40 business, and the woman supplied by customer." The following rates have been of 45 to 50 will be eligible for train axed for trainees;
ing If she is capable of holding to. Box 502, HKDP. Age 18 to 20:-20s per week, plus down a munitions job 158 for an adult dependant if being
Experienced Book-keeper Wants "Women who register must be students or a class. Guaran- 'trained · locally. If away from home: a lodging allowance, plus sa prepared to go wherever they are tea students to keep a whole set of pocket money, plus 30s for an sent for training, and to work.
books after completion of a course $7.00 adult dependant.
"When the unemployed are ab of 6 months For Term and Par- Age: 21 upwards: 24s per week, sorbed we may have to call in the tealars. Please Apply to:-Box plus 158 for an adult dependant, if leisured women.”.
No $82 a/o HRDP
$14
195 ots
HOTELS
FOR JADED APPETITES!
REAL RUSSIAN FOOD
Tiffin $1.00 •ɩ Dinher $1.25
METROPOLE HOTEL
TOMINFAI
PACKING, CONTRACTOR Any Kind Of Packing Promptly EXECUTED GUARANTEES TO SHIP TO ALL PARTS OF THE WORLD
TELEPHONE
33237
25827
YING LEE CO. BEST, CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAL
ENGRAVERS
FEI FEI & CO. Photo Engravers 18, Cochrane Street.. Telephone No. 22224,
AUCTIONEERS
GREATEST COLLLUHEEN OF BARGAINS IN TOWN:
LAMMERTS AUCTION ROOM tomboy, fin de
i
Jai Chetput
To began by No 202
TEA DANCE DAILY
EXCEPT MONDAYS
5 to 7.30 PM
Jimmy's
ا ہو
TAILOR
LAM SHIU SHEK
334, Nathan Road,
Kowloon, Tel. 57712.
Guaranteed delivery 1 suit
in 24 hours notice and 6 hours
for a pair of trousers.
Help your Friend and Its Babby by giving
POSTAGE STAMPS:
for
his collection
and
SEEDS FOR HIS GARDEN
We crn supply the goods of his, and your want
GRACA & CO. Dealers in Postage Stamps, Garden Beeds, etc., etc. 10, Wyndham Street Established 1896
Hongkong