+
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HÖNGKONG DAILY' PRESS
AMERICA'S CRUDE
RUBBER
New York.-A survey of crude rubber stocks in the United States shows that should an emergency arise whereby supplies from the Far East would be cut off, reserves could be stretched over a period of beureen twelve and eighteen months.
It is pointed out, however, by authorities in the industry, that at the present rate of domestic consumption, actual stocks would be entirely depleted in about eight months
Actually, during the past six months, as a result of efforts on
FRANK EXPOSE the part of the Federal Govern-
FINANCE & GENERAL
Finance and Commerce
RECONSTRUCTION] WARTIME BONDS CAMPAIGN
IN HUNAN
MARKED PROGRESS MADE LAST YEAR KWEILIN, March 6 (Central) Marked progress in various phases
Counsellor nf
the
LAUNCHED IN CHUNGKING
con-
are
CHUNGKING, March 6 (Central) A Wartime Bonds Cam- paign was launched on Tuesday afternoon at a tea reception given by Generalissimo Chiang Kai-shek to more than 400 persons cerned. Generalissimo Chlang is concurrently Chairman of the Campaign. Among these present were Ma- Wu who pledged to ment and private, agencies, stocks
buy N.. C.. have increased approximately 60 of reconstruction, in Hunan was dame Chiang Kai-shek, Dr. H. H. $10,000 bonds immediately after OF FOOD
per cent. reaching a total of 434,- revealed by Mr. Wang Ying-yu, Kung. Vice President of the Exe- he read in a local paper about 998 tons
Kwangtung cutive. Yuan, Mr. Yu Yu-Jen. Pre- the Campaign. SITUATION
Following the Federal Govern- Provincial Government, who had sident of the Control Yuan, Mr. MILITARY SUPPLY BONDS LONDON, Mar. 6 British Wire-ment's enunciated policy of ac- recently made a tour of that pro- Tai Chi-tao, President of the Ex
amination Yuan, Dr. Sun Fo, Pre-It is understood that the war- less)-A frank exposition of the cumulating stocks of vitally im- vince.
portant raw materials for National
He said that the Human Pro sident of the Legislative Yuan.tine bonds to be subscribed food situation and the vital need defence purposes, the Government vincial Government was not only Mr. Wu Chahui, member of the the N. C. $1.200.000,000 Military for farmers to produce every pos took the first steps to obtain re able to tide over last year
under Kuomintang Central Supervisory Supply Bonds, and the U.S. $50,- sible ounce of food from the land serves af rubber through an agree heavy strains of war without
000,000 and £10,000,000 Recon- in-Committee, General Ho Ying- made in a speech
ment with Great Britain to ex-creasing its debts but to repay its chin, Minister of War. Dr. Wang struction Bonds.
Generalissimo Chiang express- Minister of Agriculture, Mr. Robert change 800 bates of American cot-lean obligations amounting to $6. Chung-hul, Minister of Hudson, who explained that in the ton for 85.000 tons of crude rubber. 380,000. The Hunan Trade Bureau Affairs, and General Pal
ed the hope that these two Chung- past 20 years. stock farmers had Later. the Rubber Reserve Com- netted a
profit of more than hal. Vice-Chief of General Staff. relied very largely on Imported
pany, an agency of the Recon- $5,000,000 last year. feeding stuffs and had failed to struction Finance Corporation, supply. their own.
purchased 330.000 tons of crude rubber through an agreement with the International Rubber Regulat Ing Committee,
WYLS
Suppiles of feed stuffs avalible were below the demand and even further reduction in the ration below the 50 per cent, cut, coming into operation on April 1, must be expected.
RESERVE STOCK Some of the reserve stock, however, remains to be purchased TWO FACTORS
and shipped from the Far East. Much grassland as possible must Purchase of an additional 300,000 be put under the plough and these tons is contemplated and officials two factors would mean reduction believe it will be brought into the In the number of livestock it is! United States this year. as origin
ally planned in the agreement possible to feed adequately.
Whereas cutting down was asked with the I.R.R.C.
Detence officials point out that for in this direction, expansion was
of there is no domestic production of providing crops necessary in
For crude rubber and that some coun- human food from the land. this purpose the Government guar-tries, such as Mexico and Brazil. be counted on to anteed the purchase of the entire can hardly onton and, carrot crop at a price furnish more than 10 per cent, of
to be United States requirements. might be said
10
In education, Mr. Wang It- vealed, the provincial authorities are planning to establish a Chung Cheng University and some vocational schools. The educa- tional budget for the current year has been increased to $12,300,000) as against $3,390,000 of last year. FOOD PRODUCTION
been
Foreign
Taking the lead in subscrip- tion, Generalissimo Chiang subscribed on behalf of the Chinese armed forces for N. C. $10,000, U.S. $1.000 and £100 bonds,
kinds fully
of wartime bonds will be subscribed within the shortest time possible so as to give a new stimulant to the Chinese troops, and deal a spiritual blow to the enemy and traitors.
The overseas Chinese who have made enormous donations to the Mr. AW State are expected to cutdo what Chinese they have done in the past
who
Other "subscribers were Boon haw, well-known industralist from Singapore, pledged to purchase for
N. C.
recent HONG KONG STOCK |
EXCHANGE
in agricultural reconstruction. $500,000 bonds during his Mr. Wang said.
stress has placed on the increase of food production and
Improvement
visit to Chungking, and one Mr.
Although nothing startling trans- wear Pired during the day there was a tea cultivation. Eighty-four merit of the spinning and producers' and distributors'
industry. co-ing
Several factories moderate turnover with prices re- operative societies will be
this maining fairly steady. been established for estab- nave Jished in the unoccupied parts of purpose. Exploitation of
BUYERS the provtrice in the current year.
gold, lead, tin, conl, mercury and The Huran authorities have copper mines in the province spared no efforts in the develop proceeding space.
the
H.K. Banks, $1340,
They point out, however, that HONGKONG SHARE QUOTATIONS
should Malayan sources be cut off,
sources of supplementary
which generous.
The decisive part agriculture has to play, in resisting the greatest threat to our very existence that terials could be tapped, one being this country has ever known, was reclaimed rubber made from worn emphasised by Mr. Hudson, speak-rubber products
ing in Hereford, says Reuter.
"Unless we all work for all we are worth." he declared, "We may by next winter. hear
a child say I am hungry."
1945
Union Ins., $415.
Lights, $6.15.
Lights Rts., 65 Cts.
SELLERS
Trams. $16.75.
SALES HK Govt, 4% Loan, $97. H.K. Banks, $1345. Indo-Chinas (Pret), $80, Providents, $5.78. Humphreys, $6.70.
STOCK EXCHANGE,
SHAREBROKERS ASSOCIATION
ma-
Buyers
Belers Jules Nominal
THURSDAY
Barer
Seller
Rapt Mamina
6 MARCH.
Banks
Last year, 30 per cent, of the stock, as much reclaimed rubber 4.5 crude rubber, was consumed by the Industry and authorized sources point out that the re
B1340
$1345
H.K. Banks
$1345
$1345
No. (Col. Reg.) ....
£781
£74 Do. (Lon. Reg.)
£74
Lights Rts, 70 Cts:
£3
Chartered Banks ....
£81
Electrics (O), $41.28.
£23
Mercantile Bks. "A"
Ban
Telephones (O), $9.
211
Mercantile Bks. "C".
878
Bank of East Asia.....
#TB
Cements, $16.90.
+
咖啡
N. C. & 8. Banks..... Insurances
16 ct.
8415
180 cta.
$170
4
"It is stark reality. I cannot claimed rubber output could be sufficiently impress on you the doubled in an emergency, seriousness of the situation, nor
the magnitude of the effort we the task of producing every ounce have to make to ensure victory. of food you can and that is with "You, by hook or by crook and less and less imports of feeding by every art known to you. have stuffs to do it with."
THE ARTILLERYMAN'S
PROBLEMS
Washington--Warfare today has posed a real problem for the field artillery. It must keep pace with the fast moving forces to make its fire effective over the head of its own infantry.
The problem is being worked out at historic Fort Sill, Okla. - post established during the Indian wars and where Geroni- mo was long held captive-where the far-flung ranges give an opportunity to test the mobility and firing power of the artillery. New lands are being acquired over which manoeuvres may take place at high speeds around and over the adjacent hills.
While more and more emphasis į equipped.
Each missile
makes
Ls being placed on motorized three sourds in being fired, the equipment in connexion with the sharp report of the gunfire, the
solution of problems mechanized warfare, the realizes that, as in the cavalry, there are some where the horse works
involving whine of the projectile as it artillery travels through the air and the case of dull thud of the detonation of places high explosive when it reaches its better mark. All three help locate the
and the
sound days of low
than a tractor. For this reason, firing. battery the all around artilleryman has imeshed works on
to be a horseman as well as a visibility and against hidden or mechanle.
Skill is better than luck," is the artillery school motto.
camouflaged guns.
The flash platoon can function only where the flash of the gun This skill requires great co and the sheli explosion can be ordination between infantry and seen. It charts these from vary- artillery. With guns ranging Ining positions simultaneously and fire from a few hundred yards to fire by taking the intersection of 12 miles or more, the artillery not the observations. It requires, as only has a problem in finding its do most activities of the artillery, target but is faced also with the fast-thinking mathematicians, but danger of hitting its own infantry the flash platoon can usually es- with a misplaced shot, especially timate positions within a few in time of rapid advance.
yards.
..
To gain this range it has several DEMORALIZES ENEMY adjuncts. One is the artillery The artillery seldom tries to Haison officer who moves with the make a direct hit. The explosion foremost infantry troops. He co-of-a shell will throw fine bits of ordinates the artillery fire. with steel through the air and make the requirements of the Infantry life uncertain, for as far as 150 commander. He relays his orders yards. It demoralizes if it does back by messenger, wigwag signal, not destroy the enemy in that. telephone or radio,
vicinity and opens the way for the infantry.
PHOTOGRAPHIC MAP
The range is given by means of a photographic map wherever pos. sible, since these maps bring out every detall of terrain and every
landmark.
The most deadly addition to artillery fire since the World War is development of the instantan
ous fuse which detonates the pro- Jectile on contact with the earth. In 1917-18 projectiles dug deep Other adjuncts include the ab-into the earth before exploding. servation plane, with which each This resulted in spraying frag- artillery
unit is equipped. the ments high into the air and doing sound platoon and the flash plaserious damage only in a limited toon. "Except for its vulnerability, area. It was for this reason the the observation plane is nerhaps armies often preferred gas shells the most reliable,
which spread their lethal dose flat-
The sound platoon, as its name over the ground. The new sensi- indicates, plots the time it takes tive fuses detonate quickly but for sound to travel to the micro- they make firing somewhat more phones, with which the platoon is dangerous,
8415
$417
$1
LAA
#
H
:::
8215 Canton, Inerrances.....
Union Inanṛances.....
Underwriters
$170 H.K. Fir09......
Shipping
$135 Douglases
$9 Strombosis
$100 Indo-Chinos (Prof.)..
€60
Indo-Chinas (Def.)
430+ Shella
$7 Waterbosts ......
!!!!!
1:8
19
$215
$125
881
8100
$60
43/1
$7
Docks, Wharves.
Godowns, etc.
$95
652
H.K. & K. Wharves. Providents
$05
853
817.80 HK. Docks (Old).....] #174 #17)
$17 H.K. Docks (New)..
$161
$261 +Shanghai Docks..
Mining
17/0
88
17/0 18
I
311
$3.20 H.K. Realties..
26.70
$3.20
H
FRIDAY, MARCH 7, 1941. -PAGE
SAY
Gordon's
...and know what you're drinking/
GORDONS
DRY GIN
DISTILLERY. LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
HONGKONG
SHAREBROKERS
ASSOCIATION
Volume of Business Transacted" on Thursday, March 6, 1941,
¦RESERVE BANK OF INDIA STATEMENT
Calcutta, Mar. 5 (Reuter).
Feb. 21 Feb, 28
Notes in circulation (including Notes held in the Bank- ing Department)... 26,810 38,696 Rupee Coin and Bul-
Hon in India 41.50 Gold Coln and Bul-
SALES
HK. Banks
*2 $1,345.00
Cements
250
16.90
3.156 3,243
H.A. Electrics (0)
*66
99
41.50
lion in India Securities 'Indian
4.441
4,441
1
41.50
Government)
4,081 4,961
150
41,25
Securities
Government)
14.050 14.050
50
41.25
(Figures in Lakhs Rupees).
HK. Hotels
500
3.40
A.S. Watsons
300
10,65
1,418
*Sales on Wednesday, March 5. The total value is $28,949.00.
T
(British
LONDON GOLD
London, Mar. 5 (Reuter).
Bar Gold, Fine per oz, 188/-
PRE-PAID ADVERTISEMENTS.
The following classes of advertisements are charged at the price given below:-
SITUATIONS VACANT.
HOUSES ANI 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.
$971
$3.15
€6.70
8401 7th floor.
Квіїлда
Raubs
cta Hong Kong Mines..
Lands. Hotels and Buildings
$3.30 H.K. & B. Hotels......
839 K. Land........... $31
$99
Do. 4% Debentures... Shanghai Lands....
Humphreys .....
Chinese Estates..
Cotton Mills
340 Ewo (8.)......
2200 S'hai Coltons (8.)...
Zoong Sings (8.) Wing On Textiles 19. Pablle Utilities
H.K. TramwBYO................ Peak Tram fald)... Peak Tratos (now). Star Ferries.......
$247'mati Farrios...
China Lights (O).... 81.97 China Lights (New).
4. K. Electrics (Old)... $41.40 H. K. Electrics(Now).. $17 Macao Electrics (Old) $16 Macao Electrics (New);
Sandakan Lighta...... Telephones (old)... Telephones (new).!!...
$10
$163
$3 264
28.18
#10
**
$8.15 1.55
$41.60 $41.60
#200
$125
***
I
HOTELS
"FOR"JADED APPETITES!
וי
TEA DANCE DAILY
Cald,, Macg. (Ord.) 8
825 Cald., Macg. (Fret.)8
Canton Icos......
H.K. Ropes
HK, Gori, Lords
$97 4% Loan
WANTED TO BUY
WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and Jewels, Apply China Gold Refining Co. Pedder Building, 2nd floor; Room 6.
WE OFFER HIGH PRICES for
amount any
articles. of gold diamonds, silver, jewels, etc. No holidays. Apply China Building, Eurasia Gold Tel. 30727,
ንነ
Refining Co.
WE PAY HIGH PRICES for all $7.40 gold and silver articles. Jade $34 diamonds, jewels, watches, foun- 8041
tain pens. Apply Far East Dia- $23.68
mond and Gold Refining Co. Room 621, China Building, 6th floor.
WANTED KNOWN
Why not learn all the Fancy dresses latest Stitches for your and Sweaters.
JOIN THE KNITTING CLASS AT $3.00 per month (T vice a week 73 ata. lesson). Please apply to Box No. $18,90/96
054 c/o HK.D.P. $8.10
$85
ORDERS TAKEN for hand-made sweaters, Ladies' lumpers, Bables' outfits, etc., at $5.00 each for workmanship.
$1.65 Wool and model desired, to be
supplied by customer.
Berid particulars of address, etc., to Box 502, HKDP.
Experienced Book-keeper Wants Students to login a class Guaran- tee students to keep a whole set of books after completion of a course
REAL RUSSIAN FOOD
Tiffin $1.20 • Dinner $1.50
METROPOLE HOTEL
PACKING CONTRACTOR
Any Kind of Articles will be Packed Carefully and Perfectly at Reasonabis Charges Order will be Secured Promptly TOMINFAI
TELEPHONE 33237, 25827.
YING LEE CO.
REST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCELAI.
-
TAILOR
LAM SHIU. SHEK 334, Nathan Road, Kowloon, Tel 57712. Guaranteed delivery 1 Buit
in 24 hours notice and 6 hours for a pair of trousers.
ENGRAVERS ¦-
FEI FEI & CO. Photo Engravers
18. Cochrane Street.
Telephone No. 22224,
AUCTIONEERS
GREATEST COLLECTION OF BARGAINS IN TOWN!
1 LAMMERT'S JUCIBON KOPM
$1,00. of 6 months. For Term and Par-Lambert,
ticulars. Please Apply to:-Box
No 483 c/o HKD.P.
Brother:
Rod Math
EXCEPT MONDAYS 5 to 7.30 P.M.
AT
Jimmy's
BUTTERICK
Expert Ladies Tailor
New Style Ready Made Dresses, Overcoats and Costumes
FOR SALE.
16, Wyndham Street. Tel. 23615
PICTORIAL HONGKONG.
POSTAGE STAMPS
in commemoration of the
CENTENARY OF THE COLONY Used on FIRST DAY COVERS with views of Hongkong in
1841 and 1941
now obtainable at
GRACA & CO. ⠀
Dealers in Postage Stamps, Garden Seeds, Picture Books, etc..
No. 10 Wyndham Street. Established 1806.
Hongkong
312
$24
$24
$8,80
201
$8.00
B'pore Tractions (Ord,1}
Industrials
230
$1
$16.95
$81
Cements
$95 31%
$84 31%
(1934) (1940).... Miscellaneous
818
Dairy Far
$18
+H
$7
Entertainments.
$.10
110.70)
$1.60 Construction (old)..
Construction (new)..
17 Lane Crawfords..
Nanyang Tobacco..
$2.18 Sinceros
Walcons ...........$10,00
1125G 3 Bd..
42
Cb. G.5
$39. K. Wing On
S'hai Wing Up
$7.70 Vibro Piling
6/6 Marsmans Inv. (Lon.
28 Marsmans Inv. (H.K.
$1.90 Wm. Powel..........
IH
China Lights(Rights)
+Sale to Shanghai
27").
$2.80
$2.15
214
36%
$42
814
28
+44
2
Teledier. NO