HONGKONG DAILY PRESS
Finance and Commerce
HUNAN TO ENHANCE GOLD PRODUCTION
Active steps are being taken by the Hunan authorities to develop the gold mining industry in the province. To enhance production, modern scientific methods of mining will de introduced. It is expect- ed that the present monthly output of 7,000 ounces will be increased in the near future.
For the purpose of gold mining areas and Hydraulic power is the province is divided into the utilised to supply current to run following areas: North-east Area | the motors,—(Central News), embracing Yoyang and Pingilu-
ying, Central, East
Aren
e-
bracing Tant. Hengshan, Tan heng and Kaolang. Southern Aren
LONDON STOCK EXCHANGE
embracing Yangming. Tulungling LONDON, Jan. 17 Renter) thill and Fuyungshan (hill). Cen-In the Stock Exchange" yesterday tral West Area embracing Yuancul continued interest in Industrials and Yuant, and Southwest Area was the main feature and further embracing Tungwu and two other substantial gains were recorded. districts.
especially among Tobacco and
Of the five areas, the Central Breweries and shares of the heavy. East is richest in gold ores. The industry.
average output of gold produced in Home Ralis were also forging the area is 4,000 ounces monthly. jahead and Oils, after losing some representing 60 per cent of the ground made a smart" recovery. total production of the province. Diamond and Rubber issues at- Next is the Southwest Area with tracted increased
and attention an output of 3,000 ounces monthly. Kafirs closed "firm.
REFORMS CARRIED OUT
Among Foreign Bonds. Japanese but Chinese Loans In order to increase production, Loans eased Mr. Yu Chuan-chi, Commissioner were well supported.
Wall of Reconstruction, has carried out reforms in the different mining steady.
Street Was qulet and
administrations with a view to enhancing their efficiency. Many BROKERS mining enterprises have been reor... ganized, while new ones are being organised.
Engineering. offices with modern sclentinc equipment have
LOANS
New York, Jan. 16 (Reuter). Loans en securities to brokers in New York:
WK.-ended Wk.-ended WK.-ended beel 11/1/40 9/1/41 16/1/41 established 21 various mining $519,000,000 $350,000,000 $323,000,000
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE.
Buyers Sellars
SHAREBROKERS ASSOCIATION
Salor
Nominal!
FRIDAY 17 JAN.
Banks
Bayer
Bellara
$75
+24
#207
$405
$96
$5.70
1:19:
.:::
H.K. Banks
Do. (Col. Reg.)
Do. (Lon. Reg.)
46/3
Shella
$7
Insurances
896
$18.80
Steamboata
2100 Indo-Chinas (Pref.)...
$90 Indo-Chinas (Del.)...
Waterboats
Doeks, Wharves.
Godowns, etes
H.K. & K. Wharver. Providents
H.K. Docks (Old)...
$18.10 H.K. Docks (New).. 836 +8hanghai "Docks...........
Mining
Kailans Raubs
1 ota,, Hong Kong Mines.....
Lands, Hotels and
Buildings
:::
I
Sorina!
$18,10
H.K. STOCK
EXCHANGE
Prices remarried steady with a fair amount of business recorded. BUSINESS DONE DURING THE WEEK
·FINANCE & GENERAL
HOW A.A. GUNS WORK TODAY: GUNNERY MORE COMPLICATED
Almost every R.A.F, pilot, who returns from a raid over Germany or enemy-occupied territory makes some reference to "Flak" in his report. He may report that "Flak" was elther heavy or light, ac- curate or inaccurate. intense or moderate, or, if his luck is in, that there was no "Flak."
“Flak" is, in fact, what used to be called in the last war "Archie,” "Ack-Ack," DI anti-aircraft fire. The name comes from the German initials-FLAK.-"Flieger Abwehr Kanone," or the gun that drives
HK Banks. $1380, $1385, $1390. off raiders.
$1395.
Bank of East Asia, $76, H.K. Fire Ins., $167. Wharves, $95.
Docks 10). $18.60, Docks (N), $18.10.
Hotels, $3, $3.55:
VARIED BUSINESS
In these days of high flying and mass raids anti-alrerait gunnery is a more complicated and varied business than it was in the last war, and the "Flak" intelligence
Trams, $17.90. $18. $18.20, $18.35, experts at the Air Ministry have;
$18.40, $18.55.
Lights Ex. Rts., $6..
Lights Rts., 95, 96, 90, 95 Cts. Electrics (0). $40.
Electrics (N), 39), $40. Telephones (0), $25}.
·Cements. $18.35, $18.30. HK, Govt. 31%.
H.K. Govt. 34Loan (1934), 91. H.K. Govt. 34% Loan (1934) (ex.
Int), 921.
Buyers
H.K. Banks, $1395. Bank of East Asia, $75:50. Canton Ins.; $207.50. Union Ins., $405. H.K. Fire Ins., $165.
Providents, $5.70. Wharves, $96... Hotels, $3.50.
Trams, $18.40. Peak Trams (0), $7.50. Star Ferries, $52
Lights Rts.. $8.20. "Lights Rts.. 35 Cts.
Electrics (O), $40.25. Electrics (N), $40. Telephones (0), $25. Cements, $18.10. Dairy Farms, $19.20. Entertainments, $7. Constructions (0), $1.60.
Sellers
recently Issued for the informa tion of those concerned a "Stran- gers' guide to Flak." This guide shows, in convenjent and readily grasped form, the range, calibre, weight, and type of shell and ruts of fire.
ENVOY FOR
DE GAULLE Continued from Page 4 not even allow the name of Franer to subsist.
SEE HITLER'S FATÈ SEALED
"So, in either term of tha alternative, what is the use of such a turpitude? If Hitler shows now a more lenient at titude. it is because he is be. ginning to sense that victory is getting more and more ou of his grasp. owing to the magnificent resistance of our British friends and to the effective belp of America, which is becoming more every day the Arsenal of Democra cles'; Hitler's fate is now seal- ed, his rout is a matter or months.
"From Vieny come to us grati-
SATURDAY,
200
JANUARY 18, 1941. -PAGE 9
BLACK WHITE
SCOTCH WHISKY
THE
"STANDARD"
OF QUALITY EVERYWHERE
NO IF OR MAY BE IT'S THE SCOTCH.
[
There are two principal kinds of "Flak." light and heavy. Light "Flak" are guns of caibres between three quarters of an inch and two inches. The weight of the shell in- creases from less than half a
M. La Roch said he expected to pound in the case of the smallest diloquent words whose hue we are he also will have his office. Mr.
and Mrs. Wiloquet are socially take charge of the local French of the guns to three and one-third not at a loss to recognise. They pounds in the case of a 47mm. The speak of moral unity, of abnega-Prominent in Manlia in addition consulate in a day or 30, as soon rate of fire decreases as the range, tion, of regeneration, and the to the official standing of Mr. as "minor details" have been at- weight of shell, and calibre in-like.
Willoquet, who ranks as a consul, tended to by his predecessor. He first class. Mr. Willoquet plex will retain the present staff in the crease. The German 20mm. gun.
santly remarked, "our ten-year | consulate, he announced. for example, fires about 160 rounds
แดง a minute up to 7,000 feet, while result of a worthy national policy residence bere is concrete evidence pending, receipt of instructions the 47mm. Ares 25 rounds a minute almed at stiff resistance against that we like the Philippines and from Vichy, will carry out policies to a height of more than three the Hereditary enemy and we are glad to continue our rest of previous French consuls here...
generation will only be found in dence hera where we have many Notwithstanding the fact that.... the ultimate triumph of Right and friendships which we value high-practically all French residents Justice.
ly."
here are members of the Free
miles.
FIRE CONTROL DIFFERS-
Light "Flak" fire tracer shells
MORAL UNITI "Moral unity can be but le
sald
In
"On Nov, 1, 1918, Premter Mr Willoquet has been active in France movement or sympathisers which burst on impact and have peincare, announcing to the French the promotion of French culture, of General De Gaulle, M. la Roch self destroying detonators, That Is
chambers the victory over Ger- having organised classes for the does not expect any difficulties to say, they explode in the air,
many,
magnificent teaching of French, classes in with them, explaining that his even if they miss the target, and
which many persons, representing "mission in Manila is not of a apostroph: therefore cannot fall back and ex-
"The Day of Glory proclaimen several nationalities have studied political nature." plode on the ground. Heavy "Flak" by the Marseillaise has come at Mr. Willoquet, a staunch supporter "They are entitled to their poli- last. Germany has surrendered!". of democratic ideals and an attical convictions," he said. "and wenty-two years have elapsed dently patriotic Frenchman, has although our opinions in that res- and tragic days are now before followed developments in Europe pect vary I do not expect to have throwing shells to 20,000 feet, to us, But, in the Marseillaise again, and in the Far East very closely. anything but cordial "relations the 105mm, guns firing 10 thirty-in which lives the soul of France His official. affiliation with the with them."
do not fire tracers. They are time- HK. Land 4% Debentures, $100, fused shells and range from the Trams, $18.70.
15-rounds-a-minute 75mm, guns,
Lights Rts., $1.
Trams, $18.50.
Dairy Farms, $19.20.
Watsons, $11.
(1934)
two pounder shells a minute to 30,000 feet.
we will seek our inspiration: Our Free France (De Gaulle) organisa- tion is no surprise to his many personal and official friends here.
EXPECTS NO TROUBLE
"'Contre nous, de la tyrannie L'Etendard sanglant est level- Aux armes citoyens! Formez vos
Bataillons!'"
LONDON METALS
EXCHANGE
The method of fire control difery will be for ever: fers between light and heavy "Flak," light "Flak" is directed by a speed and course sight. Heavy
M. La Roch arrived on the "Flak" is controlled by a predictor,
French mal diner. D'Artagnan with the complicated instrument with
his family. They were met out- which eleven men obtain for the
Mr. Willoquet stated that he side the breakwater by M. Wille- Price: £256-7/8.
number of French gunner all the data necessary in and his family will continue rest quet and a theory for the shell to meet Its ing at 139 Romero Salas, where residents, target If in the interval between
the firing of the gun and the ar- rival of the shell at the point of prediction the aircraft has not changed direction, height, от speed. Normally an aircraft en- ASSOCIATION countering Flak" would continue to change at least one of these factors.
SALES
China Lights Rts... 675 $ 95
Telephones (O), $25.50.
$1393
$1395
Cements, $18.30.
£85 £A3
£85
£62
Vibro Piling. $7.70.
£8
Chartered Banka ..............
£64
Sales
223
Mercantile Bka. "A".
H.K.
£10
Mercantile Bks. "C".
£107
Bank of East Asia.....754
ንር Govt. $92.25.
Loar
N. C. & S. Banka.
12 ct.
HK. Banks, $1395.
Canten Insurances...
8205
Lights Rts.. $1.
Union Insurancea..........
8405
Cements, $18.30.
$1
Underwriters
80 ct
Ropes, $8.25,
$185
II.K. Fires:
$135
Shipping
$125
Douglases
$136
811
SAL
$100
HONGKONG
$100
46/3
SHAREBROKERS'
$7
205
Volume of Business Transacted on Friday, Jan. 17, 1941.
85.70
$18.60
$381
22
Cements
16/3
H.K. Docks (0) ......
300 500 100
Dairy Farms
H.K. Tramways
105
100
HK Telephones (0)
H.K. & Hotel...
$365 HK Wharves
4
$34
$100
A.8. Watsons
200
$3.85
2,081
The total value is $25,511,50.
$50
$200
$125
$18.40/18.55
$7.401 $31
$31
8241
IR. $81
8402
840
*
$3)
13/3
834.60.K. Lands............................n Do. 4% Debentures....
B100
#15.10, Shanghai Lands.
$3.85 11K Raulties.
$7.95 Rumphreys
X.D.
860
8203
Chinese Estates...........
Cotton Mills
Ewo 18.)-all- S'hai Cotton (8.)... Zoong Singa (S.)..... Wing On Textiles (8.)
Public Utilitles
$18 40 63 ... H.K. Tramways.....................
$18.40
$7
831
$62
824)
#6.20
X.Rte.
$40
$391
$25
::
8172
Peak Trama (old)...
Peak Trama (new)..
Star Ferries.... - -
| Y'mat Farries....
Chins Lights (0)......
China Lighte. (Now)...
H. K. Electrica (Old).
H. K. Electrical New).
Macao Electrics (Old))
37}
$7.90
8184 Macao Electrics (New)] $11 Sandakan Lights.....
Telephones (old)....... 924
$10.20 Telephones (now)....
Spore Tractions (Ord.) Industrials
Cald., Macg. (Ord) 8.
830
$75
Cald., Macg. Prof.)8.
$1
.! Cementa
$8
#18.10 18.30 $18,36/30
$19,20
$92)
Canton Ices..........
H.K. Ropes ................
.I
::
:
VISUAL SHOOTING
AT SAME RESIDENCE
Tin.
London Jan. 16 (Reuteri.
Standard, Cash, Middle
Tin, Standard, 3 months, Middia Price, E259-1/8.
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.
WANTED TO BUY
At night or in cloud "Flak" fire 1.00 can be directed by sound locators, 18.35 but this method is naturally much 18 30 less accurate than visual shooting, 18.60 Our own anti-aircraft. batteries 19.10 possess guns equivalent to or bet- 18.50 ter than the German."Flak." It is 75 25.25 encouraging to note that while our
$6.00 "Ack-Ack” batteries have scored WE PAY HIGH PRICES for all over Germany's gold and sliver articles. Jade fighters and bombers in recent diamonds, fewels, watches, foun- raids, our own aircraft frequently tain pens. Apply Far East Dia- By home after having passedmond and Gold Refining Co. through intense heavy or light Room 621, China Building, 6th "Fiak" barrages. Occasionally floor.
11.00 many successes
LONDON STOCK shells have actually passed through
+1
EXCHANGE
(REUTER'S SERVICE)
London, Jan, 18, The following quotations are the middle prices at the close of the market in London. All quotations are subject to 'confirmation and no responsibility is assumed for errors in transmission.
War Loan, 3% (Red.
after 1952)
4
£
1034 1011
Janton-Kioon Rly, 8% 1
#101
Defence Loan, 3%
į
75 pts.
Chinese .41% "Gold Luan
1898 (Brit, Issue)....... Chinese, 5% Gold Bonda,
1925/47
818.60 Cam. 44% Anglo-French
$81
HE. Gork Loans
974.
$921X.Int.
$37) 4% Loan
31% $931 31%
#7
$1.80
41
#11
At cts.
*****
H
(1934)... (1940).. Miscellaneous.
Dairy Farm.
Entertainments ........
Constructions (old)...
Constructions (now)...
39 Lane Crawfords.......
Nanyang Tobacco.......83) $2.16 Sinceres
Watsons...
42/47 Ch. G.5% 1925 $
$39
$7.70
HI.K. Wing Oa S'hai Wing On Vibro Piling
7/6 Morsmane Inv. (Lon,)) 2/6 Maramans Inv, (HK);
81.90. Wm. Powell......
China Lights(Rights) +Bals to Shanghel,
Dacta.
Loan, 1908
Chinese 5% Crisp, Loan
1912. Chinese 5% Reorg. Loan,
1913 (Tdn. 13.).......
$19.10 Chinese 8% Ster. Notes,
1925 (Vickers)
1.65 chin. Imperial Rly. 5%
Corn
$7
Honan Rly, 5%
12,20 Hukuang Rly 5%, 1911..
$11
(LP. NAY Issue)
36% Rukuang Rly. 5%, 1911
$39
814
$8
(German. Issue)
Lung Tsing &
Rl7. 5% 1913 J'hai-N'King "Rly. 8%
Hai
$1.00 Tientain-Pukow Rly. 5%
(Brit. Stpd.) Tientsin-Pukow Rly. 5%
བ
their wings or fuselages.
15
(German Stpd.) ......... Tientsin-Fukow Rly. "6%
Brit. Stpd. Supl. Loan) 15 Tientsin-Pukow Rly, 5%
(Ger. Stpd. Supi, Loan) 15 Jap. 8% Ster, Loan, 1924 27 Ger, 1% Intl Loan, 1824 51 Chartered Bank....... H.K. & Shai Bank (Ldn.
Reg.) H.K. & S'hal Bank (Col
WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels. Apply China Gold Reinting Co. Pedder Building, 2nd floor, Rcom 6.
WE OFFER HIGH PRICES for any amount of gold articles, diamonds, silver, etc. No holidays. Apply China Building, 7th floor. Tel. 30727. Eurasia Gold Renning Co.
WANTED KNOWN
Why not learn all the Fancy latest Stitches, for your dresses and Sweaters.
JOIN THE KNITTING CLASS ÁT $3.00 per month (T vice a week lesson). Please apply to Box No. 654 c/o H.K.D.P.
82
Reg)
85
Chidese Eng. & Mining
44
(bearer}
16/3
Chosen Corporation
41-
42-47
Mercandle Bank of In-
dia, £5. "0".......
107
Pekin Syndicate
2/-
B'bai Elec. Constr. Co.
.15/
201
Bhai Waterworks "A"
131
Union Insurance
20
Gula Kalumpong Rubber 15/71
|Lon., Mid, & Scot, Rly. 151
Great Western Rly.
371
National Bank of India 32
ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Babies'
each outfits, etc., at $5.00 workmanship.
for
B.-A. Tob. (bearer)
93/0
Dunlop Rubber
Bristol Aeroplane.
34/44 10/3
Imperial Chemical Ind. 30/44 United steel... 23/4) Woolworths
55 Marsmar. Investments... 7/6
11 155
hell Trang & Trad.
(bearer)
•——bid
46/3
ex, div.
65 5. al ́sa * * * *
Western Holdings..... Sub-Nigel................
Wool and model desired, to be supplied by customer.
Seud particulars of address, etc., to Box 502, HKDP
Experienced Book-keeper Wants Students to form a class. ·Guaran-, tee students to keep a whole set of books after completion of a course- of 6 months. For Term "and Par- ticulars. Please 'Apply to:-Box No. 463 c/o H.K.D.P..
If Charges collected, $2.00.
FOR JADED APPETITES!
HOTELS.
REAL RUSSIAN FOOD.
Tiffin $1.00 Dinner $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 COLLECTION OF BARGAINS IN TOWN)
LAMMERTS AUCHON RODM Lanunurų. Brulaver- 2 to ANGITT
dead Cattr Thepurere. No 20224.
TEA DANCE DAILY
EXCEPT MONDAYS
5 to 130 P.M.
Jimmy's
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 his Hobby by giving
POSTAGE STAMPS
for
his collection..
and
SEEDS FOR HIS GARDEN
We can supply the goods of his and your want
GRACA & CO. Dealers in Postage Stamps, Garden Seeds, etc., etc. 10, Wyndham Street Established 1890...
Hongkong