HONGKONG DAILY PRESS
Malaya's Food Problem: Government Aid
With the possiblity of further threats to Ma'ayan contacts with the outside world, the question of food, self-sufficiency in that section of the British Empire has passed beyond the academic stage. It is no longer simply a question of rehabili tating the Malays. Despite continuing protests of rubber plan- ters, Malayan authorities are redoubling their efforts to encour
foodstuffs with age replacement of present Imports of vital locally raised products this time embracing more than rice,
writes Hilda Berthols
Up to the present, Malayn has!
plement its own paddy harvest. however. The domestic crop is grown Malays, who produce enough
take care The
י
During the 1932-33 slump, a lew depended almost entirely on sup- of the estates allotted small plots plies of rice from Thalland, Burma of reserve lands to their labour- and French Indo-China to supers as truck gardens. This scheme,
never became popular' by and was practically abandoned. to The government is.. now distribat- "Grow Your on of their own "needa ing pamphlets demands of the remaining Own Food" and "Practical Hints two-thirds of the population, Chi-for War-Time Gardens in Malaya." These pamphlets deal with some nese and Indians, must be satis
be pro- 30 vegetables which can fled with Imports
with special rice induced in Malaya. In 1937 production of
sweet Malaya was about 319.000 tons and emphasis on tapioca and
The potatoes. Tapioca requires net Imports 573,000 tons.
but cultivation
matures total land in Malaya alienated for little agriculture is about six million slowly a full year should be a- be used acres, of which more than half is lowed hut the crop can' given to rubber; only 750,000 acres after eight months. Sweet pota
Important because. have been devoted to rice culture toes are more Until recently, most of the clashes of their higher food value and involving lucreases in the food- because they mature in from three stuffs area have come between tin to six months; a ten-acre site will
yield from 30 to 50 tons. and agricultural interests.
verr
To judge from reports coming Steps already taken by the gov. from Malaya today the main
ernment Include the strict con- quarrel is now between rubber trolling of exports of foodstuffs rice planters and official and unoffi-and the organisation of a cial bodies interested in goppol. An effort is also being made further than the rice plans out to determine exactly how much lined before and during the early rice is required per head of popu- days of the war
Though expert advice is avail- able to the estates interested diverting portions of their land and labourers to food production, few requests for information have been made and planters have in dicated that they will not plant.
Tation. All rice consumers In Johore have registered with their local dealers and it is planned to introduce this scheme throughout the rest of the Federated Malay
States.
FINANCE & GENERAL.
Finance and Commerce
H.K. STOCK
EXCHANGE
The week's business commenced with increased activity, the trad- ing of which was" widely spread, with buyers predominating at the close.
Buyers
HK Banks, $1895. Canton Ins., $210. Union Ins, $105. HK Fire Ins.. $165. Wharves, $96. Providents, $5,70.
Hotels, $3.50.
Star Ferries, $82.50. Lights X Rts, $6.30. Lights Rts., 95 Cts. Electrics (0), $40,50. Electrics (N), $40,25. Telephones (0), $25,25. Ropes, $8.15.
Entertainments, $7. Constructions (0), $1.60.
Sellers
HK. Banks, $1410. Providents, $5.80 Star Ferries: $64. Cements, $18.20. Ropes, $8,35 Watsons, $11.10. Vibro. Piling, $7.70.
Sales
CHINESE BOND MARKETS
IN LONDON SURVEYED
There has recently been a revival of interest in the Chinese bond market in the financial columns of the London Press. This was caus- ed primarily by the extension of credits to China by the United States and Britain recently,
A survey of the Chinese bond market by local financial circles. reveals that the Chinese bonds attained the highest quotations in the London market in May, 1937,
The cause of the rising of prices | tage of foreign currency and tho lay in China's more favourable hostile Japanese attitude towards trade balance and stability of the transferring the Customs surplus Chinese National Government then to China, the Chinese Government reluc- at Nanking and the general opti announced WILA "Extrame mistic world outlook,
tance Its Inability for the con- the Sino-Japanese wartinuance of woan service. The an- broke out at Lukouchiao in July.nouncement was naturally follow-
When
1937, the Chinese bond market ed immediately by the depreciation abruptly slumped but immediately of the Chinese bonds. Only nominal reacted as people thought that the quotations were obtainable: A1 Incident would be short-lived, though quotations for di Terent However, when the undeclared war | Chinese bonds were featured in the spread In the early part of 1938, press, yet willing buyers were not the bondholders were filled with found, gloom as to future prospects and started to dispose of part of their holdings.
When the British credit and the Currency Equalisation Fund, of 123,000,000 and £5,000,00
res-
TUESDAY, JANUARY 21, 1941. —PAGE 9.
SAY
Gordon's
...and know what you're drinking/
GORDON'S
DRY GIN DISTILLERY, LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS"
However, prospects of CULTURAL-WORK IN] CHINESE GOODS
or
The bondholders were faced by
were anncunced thus the Japanese authorities "legally pectively
foreshadowing close Sino-Britian und forcibly retaining instead of transferring the Customs surplus co-operation and enabling defaults to China earmarked for the pay-to be met, Chinese bond quotations ment of interest due. However, the were nevertheless not considerably! EK Govt. 31% Loan (1934), 921. Chinese Government still under-affected, H.K. Banks, $1405. Docks (0), $18.50. Providents, $5.75/70. Trams, $18.40/45. Star Ferries, $63.50. Lights Ris., 97 Cts. Electrics (O). $40.75/41. Cements. $18.10/18. Ropes, $8.25.
Watsons, $11.05.
meet
KIANGSI
IN SOUTH SEAS
took to maintain loan service. Has immediate interest payment this good gesture been not forth capital redemption remained re
To develop cultural enterprises commg from the Chinese Govern- mote if not impossible. ment by advancing, from its own. The outbreak of the European in Klangsi, the Klangsi Provincial pocket to
interests and war in September in 1939 tem-overnment has fixed the budget obligations, the bondholders would porarily paralysed the London, for such enterprises for the cur-
Plans to extend the market of have been the loser for the sum stock exchange and quotations of rent year at the total amount of during the year.
Chinese bonds for quite a long $6,870.000, representing an increase Chinese goods to the South Bea period were unavailable, nor were of $3,000,000 as compared with the regions are being formulated by
encountered the appropriation last year--(Central | the China Products United Car
News>
According to these plans, 10 re- tall stores for Chinese products
LOAN SERVICE
"In 1939 owing to China's shor-ezquiries
market.
HONGKONG SHARE QUOTATIONS
Sales Nomioal
One clash involving rice, imports Thal exTM food crops voluntarily. They look has already occurred.
to sell to the Government for aid before Dorters being reluctant
STOCK EXCHANGE their rice in Singapore generally, taking any steps.
holding out for One of the first plans suggested and agents were
Prayers Ballara ruling, better prices than those produce was that each estate
specifically, one of the daily auc- food to enough,
feed ts OWN
Action was labourers. No provision was sue- tion was suspected.
The Food Control gested, however, for buying the immediate. crop. from the planters if no crisis Authorities ordered the resumption of the auction on pain of the re- vocation of the agents' licenses. and the requisitioning of stocks.
materializeR
A NEW PLAN
QUESTION OF SOIL
$1395
91406
£85
£32
$75
8210
$400
on the for all.
$185
A more recent and apparent.v more workable scheme has been.
It will be difficult to put any outlined in the Straits Times.
the proposed schemes Into The plan calls for the appoint-of ment by the Rubber Control Office operation until the question of the of a Food Production Officer who effect of food production will act as supervisor Of the soll is settled once and scheme. Ail estates of over 100 On the other hand, the planters acres would be assessed from one-claim that utilizing the clearings tenth to one-twentieth of a cent and reservo sites for the cultiva- (Straits) per unit on their stan- tion of food will be detrimental to of rubber. On As dard of production.
others future plantings outside the rubber estates would the other, it is claimed that the also benefit, the government would enltivation necessary to grow one would crop. crop, even if a root contribute a like amount. -
#
#
ESF
993
H
SHAREBROKERS" ASSOCIATION
MONDAY Baytr Hellers Sanomin
20 JAN.
- Banks
H.K. Banks ...........
Do. (Col. Reg.).... Do. (Lon. Reg.) Chartered Banks..... Mercantile Bks. "A"
10 Mercantile, ks. "C".
Bank of East Asia...........
$1395
***
£85
£82
་
In
LOWEST LEVEL Almost throughout the whole
poration.
year of 1940, Chinese bond quota United States and London. Prices will be established in Penang.
Ipoh, Kuala
Lumpur, Malacca, were driven up gradually and steadily. But as large British bond Johore and other places in British holders remained unmoved, avail-Malaya, within six years, in addi,..... able bonds were scarce, and price tion to the two already in smngs-, pore. The capital of these stores." further improved.
will range from $10,000 to $20,000 (Straits currency),
tion's were worst in its history. touching the lowest level. After wards for sometime one could only buy but not sell Chinese honds In the market. However, the sttua tion gradually improved with the Toward the end of 1940, figures announcment c1. the American of favourable Chinese Customs re credit of G$100,000,000 to China turns published ip the Londen Similar stores will also be estab £10 followed by the further British press and supported by speculative lished in the Netherlands East
credit of £10,000,000,
buyings caused further apprecia-Indies, where there are 1,200,000 12 ct. Events automatically stimulation of Chinese band quotations. Chinese: An investigation into the ed the interest of speculative mi The position of the market today market conditions there has just vestors who were looking for lower is quiet and transactions are small been completed by Mr. H. Tsai, quotation bonds and buying orders but the tendency is still firm-General Manager of the Mayar Silk
Mills, Ltd. reached brokers from China, the (Central News)."
www
N. C. & 2. Banks...
Insurances
***
Canton InsurKNESS.......
$210
Union InsuTENCER....
8405
$1
Underwriters
80 ct.
H.K. Fires...
#165
Shipping
$135 Douglases
811 Steamboats
8100 Indo-Chinas (Prof.).
Indo-Chinas (Def.)
Shelli
W&torboats
$80
46/3
$7
Docks, Wharves.
Godowns, etc.
H.K&E. Wharves
3954
Providents
85.65 $80
H.K, Docks (Old).... | #18.38 $19
#136
$100
$100
48/3
87
$36
struc-
25.85
3181
$19
$18
#18.10 H.K. Docks (Ne) $37.86 #36+Shanghai Doeka.......
$36
Mining
16/3
201 Rauba
$7ł
At the rate of one tenth of a not seriously impair soll cent assessment it is estimated ture. If at all. Which side is right
be determined from this, that S$574,000 can be raised from cannot the estates and, if the government distance. One authority has dis- contributes an equal amount, over posed of the whole question in a S$1,000,000 would be available as few terse words: "An assured food grants to estates, prepared to turn supply in the next twelve months over portions of their land for is much more important than the food production.
rubber crop of 1950."
FARMERS
I
AMERICA'S LOANS TO KWANGS! CRABMEAT INDUSTRY
A hing expedition for Aluska King Crabs, sponsored by the Federal Government, will return to Seattle this month after three months in Alaskan waters.
The expedition as authorised by Congress for scientific, expert mental and commercial purposes and was made possible by an ap- propriation, of 100,000 dollars which
#31
$3.55
For the purpose of granting credit loans to farmers in south- ern Kwanzsi in order to help re habilitate the area, the Kwangs: Frovincial Government has order- ed the Provincial Bank to an overdraft of $1,000,000 to Provincial Co-operative Treasury. $18.40
Central News).
make the
Winter Cultivation
In Fukien
ukar
Cultiva
Congress incidentally expects to Satisfactory results nave be refunded by public sales of the achieved in the Winter delicacy
tion Campaign in Fukien launched The expedition, accompanied by last year. scientists and economists operated According to reports received in from the cannery ship "Tondeleyo" Yintan trom various parts of the and the fishing boat "Dorothy," province," the total area of land south of the Aleutian Islands. Its under cultivation bus reached purpose is to encourage the deve-18,000,000 mow, exceeding the url- lopment of an American Crabmeat Final expectation by 3,000.008 Industry in order that the United mow--Central New.). States may become self-sufficient
in that line.
LARGE SCALE
The United States has been im. have been unsuccessful This was porting virtually all its crabmeat apparently due to lack of informa- from Japan
who has developed tion concerning not only the big- areas but also the large scale.gest fishing this industry on a
Imports, moreover, absorbed al-packing technique. most half of Japan's total exports
This led Congress to undertake
of crabmeat. The United States a careful investigation into tech- bought from
Japan
::
189
$401
840
$95}
::
$18 40
Public Utilities
$3.00
$3.55
$34
$62
set
13:
IR.
16/3 Kailans.
1 cts. Hong Kong Mines..... Lands, Hotels and Buildings
H.K. & Folela......
$34.60 H.K. Lands.....
1100 Do. 4% Debentures... $14.70 Shanghai - Landa.....
$3.85K. Realtice.
27.85 (1umphreys ...... $98
Chinese Estates.
Cotton Minis
$51. Ewo (8.)
$205liai Cottons (8.)..
Zoong Sings (S.)......
Wing On Textiles (8.)
H.K. Tramways........ $18.20] $181
Pack Trams fold).... $7.40
Peak Trams (DOW).......
Star Ferries......... $24)- Y'mati Ferrim.......................... | 824) Rts 16.20 Chine Lights (0).....
China Lights (New)..
H. K. Electrice (Old)... 40
H.K. Electrica (New)., 130) Macao Electrics (Old
$16Macao Electrica ́(New) $11 Sandakan Light..... Telephones (old).....
$10.20 Talaphones (new)
S'pore Tractions (Ord.) Industriala
$30 Cald., Marg (Ord.) 8
Cald., Mang (Pref.)8
#1 Canton Ice.--------- ...
Cements
H.K. Ropes
H.K. Goy" Loans
897 4% Loan.
802 31%
$321 31%
(1934) (1940). Miscellaneous
$19.20 Dairy Farms.............
Entertainment Constructions (old).. Constructions (newja
$25.35
$407
$18818.20 $18.209
$8.16 $8.35 $8.35
**
#7
$1.00
#1:
8171
144
$514
$200
$135
$101
PRE-PAID ADVERTISEMENTS.
The following classes of advertisemente 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 Bate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.
WANTED TO BUY
HOTELS
FOR JADED APPETITES!
33237 25827
TEA DANCE DAILY
42/47 Ch. 0.5% 1925G$Eda Вар
S'hai Wing Up ...............
7/8 Maramans Îny. (Lop
·· 2/6] | Marsulans Jav. (H.K.
$100 W
Chinn Lights(Rights) 95 cts,
+Bala to Shanghai
$100
WE PAY HIGH PRICES for all Jade, gold and silver articles diamonds, jewels, watches, foun-
$3.45 tain pens. Apply Far East Dia- $7.95 mond
and Gold Redning Co. Room 821, China Bullding, 8th floor.
WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels. Apply China Gold Refining Co. Pedder Building, and floor. Room 6.-
WE OFFER HIGH PRICES for
any amount of gold articles. diamonds, silver, etc. No holidays. Apply China Building, ish floor. Tel. 30727. Eurasia Gold Redning Co.
WANTED KNOWN
Why not learn all the Fancy Latest Stitches for your dresses
75 ats, and Sweaters.
JOIN THE KNITTING CLASS AT $3.00 per month (Tvice a week lesson). Please apply to Box No, 654 c/o H.KD.P.
ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Babies' outfits, etc., at $5.00 each for $1.65 workmanship.
48.
Wool and model desired, to be supplied by customer.
Send particulars of address, etc., to Box 502, H.K.D.P.
Experienced Book-keeper Wants Students to form a class. Quaran- tce students to keep a whole set of books after completion of a course $1.90 of 8 months, For Term and Par- tienjara. Please Apply to:-Box
fo HKD.P. N 462
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 FARTS OF THE WORLD
TELEPHONE
YING LEE CO. BEST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAL
ENGRAVERS
-FEI FEI & CO. Photo Engraverė 18, Cochrane Street. Telephone No. 22224,
AUCTIONEERS
GREATEST COLLECHON OF BARGAINS IN TOWN!
LAMMERT'S AUCHON ROOM
Ral date!
EXCEPT MONDAYS
5 to 7.30 PM.
Jimmy's
TAILOR
LAM SHIU SHEK 334, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery 1 suit in 24 hours notice ind 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 Beeds, etc. etc. 10. Wyndham Street Established 1896
Hongkong
$75
4
:
$19
Bi
97
$92
39
Ja
#111
811 05 #11
$2.16 Sinceres
Lane Crawforda... Nanyang Tobacco.............
$7*
$3
Watsons
$11
35%
$30
$14
3,767,600nological, economic and biologicaf dollars worth of.crabmeat In 1939 factors relating to all phases of and 3,106,647 worth In the first the industry, from the actual nine months of 1940,
catching of the crustacean to the Total United States Imports last shipping of cans. Further opera- Year amounted to 4,582,103-dollars, tions are to be conducted by the, most of the remainder coming from expedition in the Spring. They the Boviet Union.
will probably be centred north Several attempts by the U.S.Aut the Aleutians, in the Behring 95 eta. to develop the crabmeat industry Sea,
$7.70
1.K. Wing On
Vibro Piling ....
Powell
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