HONGKONG DAILY PRESS
British Drive For Control Of East Africa
British operations for the control of all of Italian East Afries are still in their preliminary stage, possibly waiting for reinforce- ments, especially planes and tanks from the Libyan campaign, before developing into a major push writes J. W. T. Mason in the Manila Bulletin
At present the British are mov-north. Narrow mountain paths
ing into Eritres, north of Abys- and dried river beds are the best sinia, where the way is open for southern Abyssinia offers them. an advance into the Abyssinian mountains. The Italians bave concentrated their forces at Beren
PORT WELD TO SUPPLY PENANG'S FIREWOOD
Following a letter circularised to
all local firewood Importers that Government has made arrange-
FINANCE & GENERAL
£8,000 A TRIP FOR FISHERMEN!
excess
There's money in the sea-and fish-for foreign seamen cashing in on Britain's fish shortage. The boom in prices, with single Ash fetching 253. to 309., means that Iceland trawlers have been pick- ing up £8,000 a trip-£60-275 for each hand and taking home their wages in pianos, radiograms, top hats, silk stockings, and cars, On nearly every tide the Ice- Jewellers, too, find them good case ments with the Forest Officer, Tallanders put into port here with buyers. One man bought a ping, for supplies of firewood from cargoes almost worth their weight of top hats to take back to Iceland. BETTER ENTRANCES
Matang Mangrove, fears regard- in gold, bringing a boom time to Others spend their time in the Bordering Kenya on the east, ing future supplies caused by the the local shopkeepers.
furniture stores and car marts. is Italian Somaliland, announcement however,
some weeks ago
Their earnings are far in
Fleetwood shopkeepers wel- come. this IMMEDIATE OBJECTIVE
spending boom. which in turn swings northeast- that the Thai Government would of those of the British fishermen.
local whose ships are now on naval ser- They are helped also by Dutch The immediate objective of the ward along the Abyssinian fron- cancel all "contracts with
of Feb-vice..
trawlernen whose ships fish British movement inte Exitrenler. There are better entrances dealers as from the end
ruary, have diminished.
Fish prices began to drop a bit regularly from the port, seems to be the capital. Once into Abyssinia from this territory.
It is possible, therefore, that the
The letter which was written by the other day, but the Icelanders South African troops may move Mr. F. Bruer, the Area Supply did pretty well.
Big hake realised £10 a 10st, into Italian, Somaliland, not only omeer of Penang. asked local im-
3 Ash, plaice £20 a trip is not uncommon for to seize that area but also to porters to enter into negotiations box, or about 20s.
Abyssinia. Furthermore, with the licencees in Matang Man-brought £12 a box, haddock made them.
The English trawlers are, of Abyssinian border. The Italians British Somaliland borders Italian grove and make arrangements to £7 165. best cod £7 10s. have constructed a first-class road
Mr. John W. Robinson, chairman course, much fewer owing tu navai of Fleetwood Fish Merchants' As-demands on the ships, but good from "Asmara running directly to
sociation told a Daily Mail report-money is being Addis Ababa, Abyssinia's capital
by their
500 miles to the south
Asmara falls, the British will pus- sess a base for future operations of high strategie vanze
Asmara is 50 miles north of the
menace
Somalland on the north.
'get supplies at once.
PRICE FIXED
..
The Dutchmen's fishing grounds are more restricted than the Ice- landers', but nevertheless $15 to
érews.
"
earned
..
The price of Talping Arewood, Ler: the letter stated, would be fixed "If it were not for the Iceland
£8-40 A WEEK by Government, and that the trawlers, we could hardly keep our Labourers on the fish docks are Forest Officer of Taiping would be trade gring. True, they are getting sharing in the war-time prosperity willing to meet and discuss with good prices for their catches. but of Britain's No. 1 fishing port. local importers all" matters con-If they were not here we should Their weekly wages have jumped neeted with the export of frewood have very little fish.
up to £8 and £9. from Taiping.
The letter also gives a list of the
"Because of these big earnings. it is suggested in some quarters that a tax should be put on every box of fish landed.
The Italians now occupy Bri- tish Somaliland and it is, of course, certain that the British plan of This road will support the move campaign includes Its recapture. ment of tanks, and heavy artillery The simplest tactics would seem and is reputed to withstand the to point to a march through Ita- heavy summer rains which begin lan Somaliland, terminating with in May.
the release of the British area ERITREAN CAMPAIGN · from Italian possessiori. Asmara, too, is connected with
WESTERN AREA the Red sea port of Massua. 50. The western area of Abyssinia 28 licencees in Taiping. miles to the east. After occupying never has been fully conquered by Mr. Goh Kim Sal, secretary of
Semi-Independent the Firewood Merchants' Asmara and getting to Massua, tow the Italians. British will be able to reinforce tribes roam large parts of the tion, interviewed by a Malaya Tri-is up to the Government to decid their movement by transport down territory which borders the Sudan, bune reporter, said a few repre- what is the best polley.". the Red Sea from Egypt.
Conferences are occurring be sentatives of local dealers would The Eritrean campaign is direct-tween the chiefs of these tribes go to Thiping in a few days' time ed towards entering Abyssinia from and the British through Halle to interview the Forest Officer. the north, but a strong British Selassie, Abyssinia's former ruler, There are altogether 36 firewood force also la fighting inside the who is in the vicinity. It is the dealers in Penang and at present £10 in cash, southern Abyssinian border. "These British purpose to use the tribes-only three or four of troops are understood to be South men as much as possible in the getting their supplies from Africans.
Abyssinian operations, as secondary Port Weld District.
concentrated on the forces. They are Kenya frontier, but they "have no The problem of equipping them such easy approaches in Abyssinia is not dificult because important
Associa-
them
"This might work all right.
it
Postcript-From Cardiff a cor- respondent reports that Greek sea-
WEDNESDAY, MARCH 12, 1941-PAGE
BLACK&WHITE
FINEST QUALITY IN
SCOTCH WHISKY
YOUR FIRST SIP TELLS YOU Ir's THE SCOTCH.
men sailing to British ports receive HONGKONG
as much as £50 and £80 a month
in wages. Most of this is danger money.
British saemen of the same Jat- -ings receive a basic wage of £11 1 THEY HAVE TO SPEND
But although the Icelanders 2s. 6d. a month, plus a war earn such good wages they cannot of $5 a month. take out of the country more than
they
are So dally you see them with dain- the ty lingerie in the shops as
buy for their wives.
as afforded by the road between camel trails run into western Abys-ONGKONG SHARE
Asmara and Addis Ababa in the sinia from the Sudan.
U.S. Has 2,138 New Naval Units Under Construction
WASHINGTON, Feb. 5.-Official naval sources today disclosed that the United States has 2,138 new "naval units of all kinds unprece- jander construction at 84 different naval yards in an
dented effort to build to fall fighting strength for simultaneous action in both oceans, writes Harry W. Frantz in the Manila Bulletin.
Naval officials said the actual objective was 730 major lighting units including battleships.
craft carriers, cruisers, destroyers, | submarines the present strength consists of 322 of these units
NAVY PROGRAMME
It was disclosed, however, that
Manhattan Workers Walk To Office
the navy is building a vast num- NEW YORK, Mar. 1 (Reuter}
ber
STOCK EXCHANGE,
Royere
Sellers Baloi
Notion)
$1335 $1350)
QUOTATIONS
SHAR BROKERS
TUESDAY
11 MARCH
Banks
B.K. Bank...........
Da. (Col. Reg.).... Do. [Lon. Reg.)
Bayer
€75
Chartered Banks
£23
Mercantile Bka. "A"
£11
Mercantile Eks. "C"
$70 X.D.
$70
15 ct.
218
$420
$]
L
Bank of East Asin.... N. C. & 8. Banks....
Insurances
Canton Insurancen.... Union Insurances........... Underwriters
$170 H.K. Fires... Shipping
2135 DouglasES
Steamboats
Indo-Chinas (Prof.)..
Indo-Chinas (Def.).
Waterhous
#4174
+
$9
$80
160
43/9
Shella
87
Docks, Wharves.
Godowns, etc.
$95
H.K. & K. Wharvel.
$53
Providents.............
$17
FK. Docks (Old)...
to
$17
H.K. Docks (New).
***
$27
Mining
117/0
$8
of auxiliary fighting craft |--Nearly 1,000,000 workers ving which are not included in then the New York boroughs of usual ́naval categories but which Manhattan and Queen's had are expected to play a major role and other means of getting to In futuro naval calculations
when yesterday morning work These quarters stated that the 3,500 employees of the omnibus United States was accelerating its companies in those boroughs went naval construction to the utmost
on strike,
in order to augment its present;
They are asking for a 25 per
working conditions.
naval strength of 322 major fight-cent. increase in wages and better ing craft and give substance to the
which
recent naval reorganisation established independent
The buses
of the
companies
fleet units for the Atlantic, Pacific affected in recent years replaced
most of the tram services.
and Asiatic groups.
MORE FUNDS
Pro Establishment Of Air
The navy which originally view- ed the naval rearmament gramme 38 a problem in ship- building construction facilities" has granted funds for shipbuilding expansion.
Bases Approved
WASHINGTON. Mar. 11 (Reuter, -Approval was given by the Unit-" The, 2.138 units now building in-
ed States Senate to the establish- cluded 18 battleships, 139 destroy-
ment of air bases un the sites ers and 19 cruisers. Among the auxiliary craft are mine-sweepers, acquired from Britain when it sub-chasers, tank lighters, sub passed yesterday the $245,228,000 marine and aircraft rescue vessels, authorisation for naval and public target boats, seaplane derricks works.
motor launches and torpedo boats)
COMPLETION IN 1841
This action has the effect of Congressional ratification of the now dis-"Destroyers for Bases" deal.
Senate Naval Committee
The naval yards are tributed throughout the nation on
The
hoth coasts, while four auxiliary reported that the total of $58,250,- vessels are under construction at 000 represented the amount necès- the Cavite navy yard in the sary to complete the establishment Philippines.
of bases on the sites acquired from Naval experts explained that Britain, many of these vessels" would be completed in 1941, permitting a start on additional fleet units They said many of the first ves- sels completed would be added to the Atlantic fleet an effort to achieve effective operating strength.
LONDON METALS
Ti
EXCHANGE
London, Mar. 10 (Reuter).
Standard, Cash, Middle
Price, £269-1/8.
Tin; Standard, 3 months, Middle Price, £288-3/8.
Market firm, Sellers reserve. Eastern and New York firmness outweighed the smallness of de- mand.
SILVER MARKET
LONDON SILVER
London, Mar. 10 (Reuter). Bilver--Market very quiet with practically no business. In the afternoon, the market was very quiet and steady with no business.
Spot, 23-3/8d.
Forward, 23-5/10d.
BOMBAY SILVER
Bombay, Mar, 10 (Reuter). Market-Steady Offtake 125 bars.
Indian Mint Sliver
Ready
03-03
Mar. 24 Settlement Apr. 22 Settlement
63-00
63-00
$3.40
$3%
$97
:
::
:
#Bhanghai. Docks........
Kailans
Ranba
cts. Hong Kong Mine.....
Lands. Hotels and Buildings
H.K. & S. Hotels......
H.K. Lands.................................
Do. 4 Debentures... $12.30 Shanghai Lands........
flümphreys .........................
Chinese Estates......... Cotton Mills
S'hai Cottons (8.)....
Zoong Sings (8.)......
༔,:་ Wing On Textiles (S.1
Public Utilities
83.90 H.E. Realti
26.70
$38
8414
Ewo (6.)
8200
i
ASSOCIATION
Bellers S
#
}
bonus:
LONDON STOCK EXCHANGE
LONDON, March 11 (Reuter)-- Business in the Stock Exchange was mainly centred on Gilt-Edged in which further rises were regis- tered though a little profit-taking fractionally reduced the early gging.
Indian stocks made further headway on good buying and else- where business was confined to $1345 small limits. Among foreign bonds £77
Czech and Austrian Loans
187
£75 11
slightly higher.
Wall Street was dull.
ent
£23
$214
80 cts.
3170
8120
881
$100
$30
43/9
$7
$95
$54
$17
$16+ $264
17/0 18
83.30 $3.30
$311
any
$3.15
$8.60
$41
$200
$125
0182
H.K. Tramways......
$18 60
$3
873 Peak Trams (old)....
Peak Trami (new)...
$541 Star Ferries......
9344Y'mati Ferries.
$3.15.
China Lights (0)...
$8
88.20
$1.97 China Lights (New).. 75 cts. $41
70 cts.
$40.90 H.K. Hectrical New).. | $40
817
Macao Electrics (013
$16
Macao Electrics (Now)
$12
Sandakan Lights.......
$24
Telephone (old)........
326
$9
Telephones (new).......
S'pore Tractions (Ord.) Industrials
::
H. K. Flectrics ('Old).....] $404
were
"SHAREBROKERS
ASSOCIATION
Volume of Business Transacted on Tuesday, March 11, 1941.
SALES
HK
HONG KONG STOCK EXCHANGE
Sellers becoming more accom- modating led to a good turnover in Unions from $422/425 and a few H.K. Banks at $1340. The enquiries noted yesterday, continued during S 15 $1,340.00 the day, and are inclined to spread
71.00 more over the list.
H.K.--Banks Banks of East Asia 36 Cements
250
17.00
BUYERS
500
16.95
H.K Banks, $1835.
Union Ins., $422.
Electrics (0) H.K. Electrics (N) ... H.K: Lands Yaumati Ferries.....
22
41.00
50 200
. 41,00
31.75
60
23.50
1,133
The total value is $46.093,00.
LONDON GOLD
London, Mar 10 (Reuter). Bar Gold, Fine per oz, 168/-
Lands 4% Debentures, $97,50.
Lights (0) $8.15.
Telephonies (O), $34,
Watsons, $10.80.
SELLERS
HK. Banks, $1350.
SALES
HK. Banks, $1340. Union Ins., $423/25. Lands, $31.75.
Yaumati Ferries, $33.50. Lights (O), $8.20.
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
amcunt
Tiffin $1.20
HOTELS
TEA DANCE DAILY
16, Wyndham Street,
S'hai Wing Un
$7.70 Vibro Piling
6/8 Maramans Inv, (Lon,''
2/8 Marsmans Inv. (H.K.
$1.00 Wm. Powells
China Lights(Rights)
+Bals to Shanghai
WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels. Apply China Gold Refining Co. Pedder Buliding, 2nd floor, Room 6,
$97 WE OFFER HIGH PRICES for of gold articles. No diamonds, silver, jewels, etc. holidays. Apply China. Building. 7th floor. Tel. 30727. Burasia Gold Refining Co..
WE PAY HIGH PRICES for all Jade gold and silver articles. #7.40 diamonds, jewels, watches, foun- $34 tain pens. Apply Far East Dia- $548 mond and Gold Refining Co. $29.96 Room 621, "China Building, 6th
floor.
WANTED KNOWN
Why not learn all the Fancy latest Stitches for your dresses and Sweaters.
JOIN THE KNITTING CLASS AT $3.00 per month (Twice a week
75 eta lesson). Please apply to Box No.
854 c/o HK.DP. $8.10
$1.00 Wool and modes desired, to be
supplied by customer.
014
Send particulars of address, etc., to Box 302, HKD.P.
Experienced Book-keeper Wants Atudents to form a class. Guaran- tee students to keep a whole set of books after completion of a course
"FOR JADED APPEITTES!
REAL RUSSIAN "FOOD
Dinner $1.50
METROPOLE HOTEL
PACKING CONTRACTOR
Any Kind of Articles will be Packed Carefully and Perfectly at Reasonable Charges. Order will be Secured Promptly TOMINFAI TELEPHONE 33237, 25827.
YING LEE CO.
REST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAL
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.
ENGRAVERS
FEI FEI & CO.- Photo Engravers
18, Cochrane Street, Telephone No. 22224,
AUCTIONEERS
GREATEST COLLI TON OF BARGAINN IN TOWN!
LAMMERTS MUCHON BOOM
$180 of 6 months. For Term and Par-, || Lammany, Brethr
|tenlari. - Please Apply to:-Box
*EXCEPT
MONDAYS
5 to 7:30 PM
Jimmy's
BUTTERICK
Expert Ladies Tailor New Style Ready Made Dresses; Overcoats and Costumie FOR SALE.
Tel. 23815
Help Your Friend and his Bobby by giving POSTAGE STAMPS
for
his COLLECTIONS
his GARDEN
We can supply the goods of his and your want
GRACA & CO.
Dealers in
postage stamps and garden seeds etc. No. 10 Wyndham Street. Established 1896
HỒNG KONG
$30
Cald., Maeg. (Ord.) B. 325 Cald., Macg. (Pref.18
H.K. Ropes......
HK GOTL Loess
81.
Canton Ice
$16.90
Cements
$97 $95 31% 894 34%
4% Loan
(1934)
р
(1940) Miscellaneous
$18 Dairy Farm.......
Entertainments
$1.60 Constructions (old)..
$16,90
20
12:
97*%
95
#18
$7.10
ORDERS TAKEN for hand-made sweaters, Ladles Jumpers, Babies' outfits, etc., at $5.00 each workmanship.
31
Constructions (new)..
#71
Lane Crawfords... ...
$7
Nanyang Tobacco.....
$3,80
$2.15 Sinceres
$2.15
$10.70
Watsons
$10.80
$10.70
42
Ch. G.6% 1825G $Bds
30%
$39
H.K. Wing On ....
***
Nr. 46% 6/d' BRIP!
and SEEDS for