HONGKONG DAILY PRESS
Finance and Commerce
CANADIAN WOOL MUST
BE IMPROVED TO MEET COMPETITION
Many · Canadian manufacturers do not use Canadian wool because of the indifferent manner in which a large part of it has been produced and marketed. Unless Canadian wool" is graded and put on a comparable basis us, nearly as possible to that of imported wool, Canada is likely to lose the ground al- ready gained in her own and most logical market-the Canadian manufacturing industry-stated A. A' MacMillan, Production Sér- vices, Dominion. Department of Agriculture, in his address to the annual meeting of the Ontaria Sheep Breeders' Association, held récently at Toronto,
SALE OF WARTIME BONDS
FINANCE
PUBLIC WELFARE WORK
IN YUNNAN. TOLD
Public welfare work in the Chang. Hua Sheng Kung Bui'a Yunnan-Kweichow" diocese since he assumed charge of the mis- sionary duties there last summer was described by DR, Y.-Y. TSU, Assistant Bishop to the Rt Rev. R. O. Hall and formerly Professor of Sociology at St. John's University, Shanghai, In an Interview with the Central News.
Dr. Tau returned to Hongkong a, in Yunnan and Kweichow, ma few days ago from Shanghai jority being young overseas Chr The Wartime Bonds Campaign where he attended the annual nese from Java and other Bouth launched on Mar. 4 is making Bishops Conference and has at Sea reglans.
been They have satisfactory progress. A grand ready returned to his post in Yun-much benefitted by these centres: total of at least $1,000,000.000 isnan, via Rangoon and the Burma) Dr. Tsu expressed the hope that expected to be raised. The Finar Road.
in the near future, lectures and
cial Company of the Campaign Of the public welfare services in picture shows will be given anticipates to raise $6,000,000, his diocese, Dr. Tsu mentioned these centres to promote the cul- while 'several companies organised particularly the Transport Work-tural conditions in their mother by other circles have also raised ers Welfare Association which was country.
suins above the. $1,000,000 mark. organised last fall to provide com- Another kind of welfare work Mi Huang Yen-pel. leading fort and amusements for the now in the blueprint stage is the The greatly increased volume of and when he pleases. Complete member of the People's Political numerous truck drivers there. establishment of an Industrial wool now being used as a result of exemption is made for wool used Counch and Secretary-General of The Ides of forming such an asso- and Agricultural Middle School the war has brought Canadian in home spinnmg and weaving the Wartime
Bonds
Campaign ciation, he said. was conceived by near Kunming, according to Dr. wool into.competition with New and for handicraft production. Committee, 19 planning to visit Bishop Hall and himself. Steps Tsu, The school, expected to be Zealand, Australian." and South On the other hand, the regula- Hongkong next month to push were taken and a fund campaign opened at the end of this year. American wool to a greater extent tions are specific as regards the the sale of the bonds.--(Central was launched.
will consist of three departments than ever before, explained Mr.responsibility of wool buyers and News).
Dr. H. Kung. Vice-President namely agriculture, automobile MacMilan.
of the Executive Yuan and Minis mechanics. and electrical me ter of Finance, was invited to be chanics, and a large farm and the Honorary Chairman of the workshops. It will accommodate better Board of Trustees
of the Fund.100 students, part of whom will be Bishop Hall became Chairman and refugee children, Technicians from MUST SHOW GRADE
-Mr O, K. Yul, Director of the various factories and professors Buyers must now purchase wool Central Trust of China, Vice from nearby universitles will be
there are many reasons why this
there 19 grave should be
extent.
Consequently danger of Canada losing her best There is need for improvement market for wool-the home mar-in approximately two-thirds of the.
This ensures ket-to her sister Dominions and Canadian wool clip. for one thing market at more uniform prices.
foreign countries: It has Like that produced in any other therefore been necessary to take country Canadian wool is of many
to
..
り
INITIAL COST
TUESDAY, MARCH
SAY
18, 1941. -PAGE
Gordon's
...and know what you're drinking/
NO
GORDONS
DRY GIN
DISTILLERY, LONDON
COLOURING MATTER
NO INJURIOUS INGREDIENTS
GOVERNMENT MILL IN S'PORE NEARLY READY
Singapore will soon own its first and only rice mill-the Government's. Engineers are knocking in the last nails and pat- ting the finishing touches to the mill, which is one of a chain of similar Government-owned and operated mills in Malaya. Singapore's rice mill, when com- pleted, will be the only kind of its type in the country.
Its capacity is 50 bags (26) lb. (each) of whole white rice per
another step forward in the Cana-different qualities, each grade beon grade and the settlement state-Chairman. Mr. A. J. Campbell, invited to serve as teachers.
a particularment to the producer must show US Treasury Representative in dian wool marketing programme ing best suited for and to this end regulations were
the grade, the weight, and the Hongkong, and Mr. C. Y. Wann. purpose
The initial cost for the estab The grading of the 1941 wool amount paid. Each producer's lot Co-Director of the passed last summer respecting the
Finance Delishment of the school has been grading of unwashed fleece wool ip and subsequent cilps, as soon of wool must be tagged, so as to partment of the Ministry of Com
tentatively fixed "at N.C.$250,000. as sold by the producer, makes it maintain its identity through tmunications These regulations became effective
were honorary tren. The wife of a St. John's University so far as the 1841 wool clip is possible for all sellers of wool to the authorised warehouse and the surers and Mr. C. A Blum. China graduate, who prefers to remain
offer graded wool to the trade grading table. concerned on January 1. 1941
Representative" of the United anonymous, Dr. Tsu revealed, has with a short period of time after A wood-grading certificate show-States Rubber Export Co., and Mr.contributed US$1,000 toward the NO COERCION
the clip is short. This prevents ing the correct grade will be R. Y. Cheng, Chinese Director of fund. The Yunnan Provincial There is до coercion to the speculation in wool and places the issued to each producer.
the Skoda Works in China, were Government will be petitioned to
with the original scheme to Canadian wool producer contained entire clip on the market, so that Wool will now be graded only in honorary secretaries.
allocate a piece of land for the
ensure staple foodstuffs for these regulations. The pro-j competition, in purchasing is en authorised wool warehouses locat- The trustees included Hon. Mr.. project, he said.
Malaya always, a high official ducer may market his wool how 'couraged to the greatest possible ed in each of the provinces. In S. A Dodwell, Director
Dr. Tsu also revealed that untir- of the
told the Malays Tribune. addition, wool delivered to woollen Hongkong and Shanghal Banking ing efforts are being exerted for
Though there are many other mills by the producer will be grad-Corporation, Pruf, R. C. Roberts, the relief of between 300 and 500 hour, and the padi cleaning plant Government rice mills in the ed at the mills.
Bousfeld, General poverty-stricken college students is capable of handing eight to country, Singapore will be the The number of wool warehouses Manager of the Asiatic Petroleum in Yunnan, who have lost their eight and a half tons of padi per source of supply for all the other authorised in each province will Co., Mr. R. Pearson,
hour.
centres the belongings as a result of Japanese depend largely on the extent of Standard-Vacuum Of Co., and bombings or are out of contact An important aspect of the Meanwhile, I understand that the sheep industry and the basis Tsu himself.
with their homes in the Japanese milling, when it is started in Government besides storing The of marketing wool. This exten- STANDING COMMITTEE occupied areas. A Kumming Singapore, will be the time treat in large quantities, has also large sion of wool grading will give en- A Standing Cominittee stationed Student Relief couragement to all sheep breeders at
Committee has ment given to the rice. Kunming was formed with been organised with himself as treatment will enable rice to be If ever an emergency occurs 11340 to pay more attention to the pro- General Kung Hsueh-sut, Deputy Chairman and with the assistance stored for a
considerably longer locally, the stored padi will be duction and marketing of wool in Director of the South-west Trans from the National Relief Com- period than would otherwise be milled and distributed, thus pre- all its stages, resulting in a better portation Administration, ay mission, the National Red Cross possible, aroduct, a better price for each Chairman and Dr. Tsu, as Vice- Society of China, and other charity
venting any shortage in Malava's The purchase of the rice mill staple food. and its operation shortly by the Government are in accordance
DONGKONG SHARE QUOTATIONS
STOCK EXCHANGE.
Bdyrk Bellara
Nowlan
SHARYBROKERS'
MONDAY 17 MARCH
Banks
H.K. Banka
Do. Col. Beg.)
Do. (Lon. Reg.) Chartered Banks
2234 Mercantile Hke: “A”. Mercantile H. "C". Bank of East Asia....!!.
ASSOCIATION
Ballora Водет
Wakutn
$70
18 et.
81335/40
£77
€75
£Ä
211
$70
N. C. & S. Banks...... Insurances
$213
$425
8498
31
11
Canton Insurances................. Union Insurances....... Underwriters......
80 cts.
***
$170 H.K. Firean
Shipping
፧ #
$3.13 8313
$6.70
I
$135 Douglases
Steamboats
Indo-Chinas (Prof.)...)
#
$40
$60
42/6
37
****
294
ID.
|:་ :
#18!
$10
Tado-Chinas (Def.)
Mining
Kailans
Shells
Waterbosts
Docks, Wharves,
Godowns, etc.
H.K. & R. Wharves...
Providents...
$16.65 H.K. Docks (Old)
H.K. Docks (New)...........
$27 +8hangbai Docks........
17/0
XD. 88 Raube
$3,10
licta. Hong Kong Mines......
Lands. Hotels and
Buildings
H.K. & S. Hotels....... HK. Lands............... $97 D. 4% Debentures.. $12.30 Shanghai” Lands.................... $3.20 I.K. Realties...
flumphreys
198
8434
$155
Chinese Estaten.
Cotton Wi- Ewe (8)
'hai Cottons (8.)... Zoang Bing (8.)...... Wing On Textiles (S
Public Utilities
H.K. Tramway".......
1
::
:
::
:::
£T
£1
£81
293
£111
$215
$425
$170
$195
$80
$80
42/6
$95
X.D.
25
$16.55
$16
1 ·
..:
Mr. J. K.
grade, and more satisfactory con- Chairman, ditions to all concerned in the in- dustry.
IMPROVEMENTS
AT PORTS
of
A total of $10,000 was rats ed in the fund campaign, and with the money work of the Asso ciation was commenced. Two sex vice centres were recently tablished in Paoshan and Kutsing m Yunnan. These centres, some- what, like a YMCA., provides sleeping quarters and baths for
Shipping Official's the truck drivers after a day's
Suggestions
...
organisations, financial aid ba been extended to those students.
This stores of Dadi.
0
༣
There is, however, no fearofà** shortage in either rice or padi
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.
work. There are also a clinic, reading room and a games room. The two centres. Dr. Tau said, Lowering of the sewerage tunnel are now operated on an expert- under the Yarra at Spotswood was riental basis. I found successful, an essential for improving Mer- more of them will be established bourne's ports. Mr. G. J. Edwards, at key points along highways in shipping manager, told the Public Yunnan, and Kwelchow. He es- 327 Works Committee recently. He timated that the maintenance of gave evidence for the Overseas each centre entails from HK- Shipping Representatives' Associa $2,000 to H.K. $4,000. Financial i tian.
WE PAY HIGH PRICES: and other support for the centres: has been secured from the Cen- for all gold and silver articles. tral Trust of China, the Salt Ad Jade diamonds, jewels, watches, ministration, the Postal Adminis fountain pens. Apply Far East tration and other communication Diamond and Gold Refining Co.
YOUNG CHINESE
Room 621, China Building, 6ths Dr."Tsa estimated that there are floor. (Store will open on Sun- drivers operating on the highways between 3,000 and 4,000 truck days and Holidays).
17/0
$8
$3.20
$314
397
26.70
#
$71
Peak Trata (old)...
831
Peak Trams (new)..
8544 Star Ferries.
$24
Y'mati Ferries..
$8.90
Bot
Chin Lights 103.....
$41
H.K, Electrice (...) $41
$41.18
$40.00
$40,00
8181
830
#25
Cald., Macg. (Prof.)8
$941 31%
$10.70
$1.07 China Lights (New)... 81.85
H. KrElectrics Now)
$17.40 Macao Electrica (Old)
$19
Macno Electrics (Now)
Sandakan Light.......
#241 Telephones fold)| 124°
Telephones. (new)........ $8,90
S'pore Tractions (Ord.)
Industrials
Cald.. Mang. (Ord.) B.]
' 第1 Canton Ices.........
017
Coments
26.10 K Roper
H.K.. Gori. Loans
$874% Loan
$34 31%
(1834).... ((1940).... Miscellaneous
$18 Dairy Farms.........
$7 Entertainments. $1.00 Constructions | (old).. $1. ¡Constructions (new)
17 Lane Crawfords.........
Nanyang Tobacco.....
$2.15 Sinceres
Watsons
Ch. G.5%, 1925G 3Bds.
#39 4.K. Wing On
S'hai Wing Un
17.70 Vibro Piling
6/6 Maremans Iny, (Lun,)
12/6 Maramans Inv. (HK)
$1.90 W Powells.........
76 eta. China Lights(Rights)
Bale to Bhanghai
...
42
$18
87,10
11:
:i
*
#
He said that at present the tun nel limited river shipping to vessels of under 28ft, draught.
He suggested the restriction of Appleton Dock construction to six for eight berths and postponement 83.10 of the widening of the river to free money for a new pier at Port Melbourne capable of taking the Jargest ships.
8432
$200
$125
$18,
WET DOCK
organs.
HONGKONG
SHAREBROKFRS
ASSOCIATION
General Agent: Chan Che Kee No: 4, Lyndhurst Terrace, Tel 26402.
HOTELS
FOR JADED APPETITES!
REAL RUSSIAN FOOD
Tiffin $1.20
Dinner $1.50
METROPOLE HOTEL
NOTICE
Applications will be received by the Radiologist, Queen Mary Hos- pital, not later than 25th March, 1941, for one post of Probationer Radiographic Assistant and оде WE PAY HIGH PRICES post of Probationer Masseuse. for all gold and silver articles, Salary:-$480 to $860 by $50 an- gold bars, diamonds and jewels. nually. Candidates must be be 2,950 $ 8.20 Apply China Gold Refining Co. Sween 20-25 years of age and have 400 18.00 Podder Building, 2nd floor, Room 6. passed the Class 2 School Leaving
examination or its equivalent,
Volume of Business Transacted ori Monday, Mar. 17, 1941, BALES
By the time the pier was built shipowners believed Melbourne would need a wet dock at Port $7.40 Melbourne near the mouth of the $34 river. Prince's Pier could be im- proved with three or four cranes on either side and a cargo shed China Lights (0) instead of passenger accommoda-Dairy Farma.... tion.
⚫H.K. Hotels
$54
823
88.20
::
75 ots,
Speed in handling our perish- Hapes able exports was becoming more essential Ships on the home run should not have to go up river
to load.
$1 Million Appropriated
017
$8.10
97*1.
For Relief
95
General -Yu Han-mou
for funds
500 3.20
,500 8.15
100.
8.15-
100
4,550
·WE OFFER HIGH PRICES for 8.15 any
amount of gold articles. diamonds, sliver; Jewels, etc. No holidays. Apply Chins Building.. 7th floor. Tel. 30727, Eurasia Gold | Refining Co.
The total value as $32,795,00.
FARM MACHINERY SALES
There were 20,968, farm tractors, sold in Canada to 1940 an increase
of 56 per cent, over the sales made
WANTED KNOWN
SHIUKWAN, Mar. 17 (Central 1939. Or the total 13,181 were students to farm a class. Guaran
Experienced Book-keeper Wants -Responding to the request from sold in the five provinces of West-tee students to keep a whole set of
ern Canada 2,385 in Manitoba; books after completion of a cours 6,150 in Saskatchewan: 4,247, for the relief of war refugees in Alberta and 389 in British Colum ticulare. Please Apply to:-Boz of 6 months," For Term and Par 31.66 Szeyap which was recently doso-
bia. iated by the Japanese during their
No 483 4/0 HED.P
$10,70
$2,80 $2.15
20 10.
$49.
$14
$8
$1.00
$ occupation, Generalissimo Chiang were sold in the Eastern provinces The remaining 1,787 tractors Kai-shek has ordered the National as follows: Ontario, 5,760; Que- Relief Commission to appropriate bec, 1,485; the three Maritime $1,000,000 for the purpose. provinces, 548. Seventy-seven per bines were sold in 1940, of which Meanwhile, General Chiang said, cent of the tractors sold last year 4,775 went to Western Canada and officers of the Commisaton are were equipped with rubber tires. 335 to the Eastern provinces. being dispatched to Bzeyap to as- Sales of threshers totalled 833 in In addition 624 swathers and Aist in the execution of rellef 1040 of which Western Canada 1.673 pick ups were sold in the. measures in conjunction with off-bought 498 and Eastern Canada Western provinces and one and cials of the Kwingtung Provincial 335VA
128, respectively In Eastern Government.
A total of 5.110 harvester-com- Canada.
ENGRAVERS
FEI FEI & CO. Photo Engravers
18, Cochrane Street, Telephone No. 22224,
AUCTIONEERS
GREATEST COLLECTION OF BARGAINS IN TOWN:
LAMMERTS AUCTION ROUM
Rod Wate Telephone No. 20221
TAILOR
LAM SHIU SHEK $34, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery 1 suit
148.
in 24 hours notice and 8 hore
for a pair of trousers -
TEA DANCE DAILY
EXCEPT MONDAYS § to 7.30 P.M.
Jimmy's
BUTTERICK
Expert Ladies Tallor,
New Style Ready Made Dresses, Overcoats and Costumes
FOR SALE:
16, Wyndham Street.
Tel. 23815
Help Your Friend and his Hobby by giving POSTAGE STAMPS
for
his COLLECTIONS
and
SEEDS for
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 LEDS