HONGKONG DAILY PRESS
YUNNAN'S PROGRESS AS
SEEN IN KUNMING
All reconstruction activities in Yunnan in the field of industries. mining, agriculture and forestry and communications have their nerve centre in the provincial capital of Kunming, according to the CENTRAL DAILY NEWS in Kuaming...
An
are
As regards heavy Industries, most of the factories have head- quarters in the Yunnan Capital. Some began operations last year after tavo years, preparations. Others because of earlier start, already doubling their production. Still others are in the preparatory
stage.
FINANCE & GENERAL
Finance and Commerce
H.K. Stock Exchange
A few H.K. Banks changed hands
""
BUYERS
| at $1345, Unions at $430, Cantons at $2224, Wharves at.. $86 and Ropes The closure of the Burma Roadj Similar progress has been made at $74 China Lights Rights at 60 last year gave a strong impetus to n communications, Automatic cents. the development of light in telephones were Installed in dustries. The significant progress Kunming on June 20, 1940, Long made in this connexion during distance telephone from Kunming the past year is seen in the variety to Kwelyang was inaugurated on March 22, 1940, to Chungking. of goods available in Kunming.
Such articles as cotton thread Kwellin, and Luchow on April 1. and yarn, flour, sugar, earthen-1940. ware, bricks, lime, cement, glass,
2
FINANCES STRONGER
Efforts on behalf of river naviga- neutral glass for chemical use and tlon have been concentrated on optical glass. alcohol, gasoline, ['tëst runs in the Gold Sand and nitric acid, sulphuric acid" and Lan Tsang rivers. The former was hydrochloric acid, electric wires successfully concluded in Septem- telephone apparatus, Bulbs, weav❘ber last year while the latter is ing and sewing machines, metal still in progress, products, tires. leather goods, paper. paints. dyes, candles,
The demarcation between pro- canned goods, soap, cosmetics and vincial revenue and Central Gov- medical supplies can be found ernment revenue and the adoption iricreasing quantities. Organisa- tions which foster the developing and auditing are two of the of a system of accounting, budget- ment" of ght industries In most important elements in the Kunming are numerous.
"
divided
strengthening of the nancial front in Yunnan Province, accord- ing to the CENTRAL DAILY NEWS in Kunming.
Bank of East Asia, $70 Indo-Chinas (Pref.) $80. Wharves, $35.50. Lights (0), $6, Entertainments, $6.50,
SELLERS
EK. Banks, $1955. Watsons, $0.80,
SALES E.K. Banks, $1945, Cautan Ina, $222.50. Union Ins., $430.
Wharves, $86.
Trams, $16.25.
Lights Rt, 60 cents. Ropes. $7.25.
HONGKONG
SHAREBROKERS
ASSOCIATION Volume of Business Transacted on Wednesday, April 16, 1941 SALES
THREE CATEGORIES Mining activities in Yunnan can be summarised under the three
Taxes payable to the Central categories of surveying, exploiting and expanding. The Gold Mining Government include a special con- KK Banks Bureau of the Ministry of Econo- sumption tax. a stamp tax and China. Providents mic Affairs organised a survey taxes on flour, matches, cigarettes, China Lights (N.)...
wine, mineral pro-China Lights (0) corps at Kunming in April last tobacco and
into ducts, sugar, tea, wines and salt. Chins Rights The corps. year.
Provincial government zevenue E.K. Tramways groups, started surveying the Gold Sand River the following month comes from the business tax, but Yaumati Ferries and has located many rich de-chery tax and land tax. The in-. posits. The findings have led to come from land tax, however, has
been allocated the establishment of several gold
to the county mining engineering bureaus. They hsien) governments. The coun- map out mining projects and colties in turn are to abolish all local
superfluous taxes and surtaxes. lect gold from native miners.
All party, militarý, judicial and foreign relations
expenses
are
The engineering department of the Salfu-Kunming Railway Ad-drawn from the National Treasury ministration has also established while the provincial government a mining engineering bureau and organised three surveying corps to Investigate possibilities of mining
was
is to finance provincial reconstruc- tion activities, education, and the promotion of the district autonomy
system.
The
■
Farmers
of coal and silver, as basis for in- dustry along the railway. The ef- forts of these corps have been re- Kunming have played an impor- chief Chinese banks in warded with encouraging findings tant part in Yennan's finances,
Another surveying Corps
Many new banks made their bow jointly organised by the Kunming in the Yunnan capital during 1940. office of the National Geological
The most important part in Survey and the National Rosour-finareing Yunnan's economic re- ces Commission. This corps has construction projects is played by during the past year made two the tour government banks Cen- trips and discovered in various tral Bank, Bank of China, Bank of places deposits of coal, iron, salt,
Communications and gold, silver, tin, tungsten, mercury Bank of China. Their investments sulphur and mica. It was found
in the form of loans or shares that Yunnan has the nation's cover all the fields of highway and richest deposits of sulphur and
railway construction, factories, mica.
and In addition, many coal and tron velopment of farm irrigation.
agricultural promotion
de-
mines have been established in
The accomplishment of the four Yunnan since the war. They are banks in effecting sales of the operated either by the Ministry of Thrift Savings Certificates in col- Economic Affairs in co-operation laboration with the Postal Remit- with the Yunnan Provincial Gov-tances and Savings Bank and thể ernment or by commercial con-Central Trust has been outstand- cerns. Those independently estab
During the past year more
ing.
ished by the provincial govern than $24,000,000 worth of these ment include Yunnan Wolfram
certificates have been sold, (fungsten) and Antimony Com-
pany and Yunnan Steel Company
TREES PLANTED
In the remittances and savings
departments of the banks is seen
the great influx of capital from Much has been accomplished in Hongkong, Shanghai and different aftorestation in Yunnan, The area parts of South Asia. The amount of cultivated land in the province remitted to China through these totals only 35,300,000 mow while banks by Chinese in those parts that of mountains and wasteland for investments or other purposes totals 1,280,800,000 mow. To make totals no less than $100,000,000, use of this wasteland, the forestry| (GI.C.), bureau of the Yunnan Reconstrue- tion Commission has divided the province into four forestation districts. According to figures re- cently released by the commission. last year 44,700,000 trees were planted in 45 halen and 1,300,000 trees on graveyards. The emphasis
An Unfair Practice
in this work has been to plant Dr. J. E. Smith raised the ques trees valuable to China's foreign tion of "the uncomfortable way" trade, such as tung trees, mulber-the Water Department in Penang rý, tea, quinine and camphor. has been sending out notices for A province-wide programme of deposit of money for supply of land reclamation has been launch-water as early as the seventh, ed, with the magistrates supervis- eighth or ninth of the month, at ing the work in their halen. An yesterday's Municipal meeting. Overseas Chinese land reclamation
He said the Commissioners would committee has been organized. undoubtedly agree with him that Experiments in the growing of most of the rate-payers were not cereals on wasteland, along the
"towkays" and that it would be Yunnan-Burma Highway conduct- ed by the Rice and Wheat. Im-difficult for them to find the provement Institute last year provmoney for the deposit at such an ed successful:
early date.
own ex-
The provincial co-operative af- Dr. Smith quoted his fairs committee was. Inaugurated perlence, in which the received u in August, 1938. Up to June, 1940, notice on the seventh. On the 17th the total of loans to farmers ob- he received another notice which tained by this committee from the said that if he did not pay within Bank of China and the Farmers three days' time, his water supply Bank amounted to $13,700,000,
would be cut off without further,
The development of farm irriga-notice. tion is undertaken by the Yunnan provincial farm Irrigation com
"I think this is unfair," he mittee, Jointly organised by the added. Yunnan Provincial Government
The President said in reply that and the Agricultural Credit Ad-this question had been raised three ministration in the winter of 1958. or four years ago. He would look Irrigation projects completed by into the papers, and let Dr. Smith this committee so far benefit no know the position at the next' less than 10,000,000 mow of land. meeting.
500
57
200
2 $1,345.00 6.10 1.50 6.00
27
100
87
1223
The total value is $10,381.20.
COMMUNALISM AND TRADE UNIONISM
With the support of the Government, the Législative Assent- bly rejected, by-48-votes to 17, a resolution' proposed by a mem ber of the Muslim League urging the recognition by Government of labour organisation formed on a communal basis. In the course of the debate,.
The only object of such unioni many members expressed disap-could be to make representations proval of the application of com- on recruitment or promotion, and munal considerations to trade as far as recruitment union organisations.
cerned, the Government did not A supporter of the resolution recognise the right i wy.section: Argued that this "view was held of their employees to" be consulted under a misapprehension because on the principles on which seled- it was not intended to apply the tion, was made for Government proposal to trade union organisa-service
Was con-
tlons in general, but to communal The question of promotion with organisations of Government em-essentially one concerning indivi ployees.'
The representative of Labour, Mr. M. N. Joshi, opposed the re solution on the ground that. A
duals and the Government could not receive any representation on that subject unless it related to matters of common interest.
trade union was an organisation Radio)-(Malaya Tribune).
of an economic class and was only concerned with the general econa-
(By
mic interests of that section of the FOOD SHORTAGE
people,
Mr. Jamnadas Mehta, as Presi dent of the All-India Railwaymen's Federation," declared that he too could not support the proposal të make communal considerationg..ap- ply to trude union polley,
GOVERNMENT VIEW
IN FUKIEN
Measures Devised To
Relieve Situation.
(Central) 01
FOOCHOW, Apr 16 Sir Reginald Maxwell, expressing
General Chen YI, Chairman view. 0.60 the covernment's point of
Provincial Govern- that it was 16.25 declared
not in the the Fukien 23.50 Interests either of the Government ment, has announced the follow- [or the public that communal or-ing measures to combat the rise ganisations should be given official 0 food and other commodity
prices in Foochow Irecognition in such matters
HONGKONG SHARE QUOTATIONS
STOCK EXCHANGE,
Bayer
SHAREBROKERS‣ ASSOCIATION
Ballers Sales Nominal WEDNESDAY Buyer Ballers Sa
16. APRIL
Banks
Nomina
$1355
H.K. Banks
£784
£75
Do. (Lon. Reg.)
£8 13/16
Chartered Banks
$70
8430
£10
N
Do. Col Reg.}
2214 Märcantils 8kx. “A”
Marcantile Hka. "0",
Bank of East Asia.........
N. C. & B. Banka...........
Insurances
8225 Canton Insurances...
Union InsurADCES................ $1 Underwritars........... $197.K. Fires.
Shipping
$135 Douglases
Steamboats
Indo-China
$81
$80
#60 40/7
Shalls
***
74
I.D.
#
I.Rta
::
$59
$1,70
(Prof.)..
Indo-Chinas (Def.) ....
$0.55 Waterboats............
$88
Docks, Wharves, Gadowns, etc.
H.K, & K. Wharves..
$6.30 Providents
$16
$25
18/0
18
EK. Docks (Old)
B.K. Docks (New)
+Shanghai Docks.
Kailans
Banba
"Mining
| eta Hong Kong Miner..... Lands. Hotels and
Bulidings
$3 H.K. & 8. Hotels...
$334 11K. Lands..
197 Da. 1 Debentures... $11,90 Shanghai Lands.......
3.10 H.K, Realties......
$6.80 Buraphreys
$99
Chinese Estates.......... Cotton Mills
................
$41 Ewe (8.) ............
$200 S'hai Cottons 15.)..
$13
£78
£75
Est
£gi!
444
10)
444
$70
15 c'
13
Firstly, purchase of large quan- | titles of rice from the rice pro- ducing centres;
THURSDAY, APRIL 17, 1941. -PAGE
PABST BLUE RIBBON BEER
Around the world, it's Pabst Blue Ribbon,
Pabst
BEER
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And wherever you order Pabst you'll find it always the same. Pure. Delicious. Wholesome. For in every tangy, thirst- quenching drop, we give you Guarded Good-. ness from Grain to Glass
your absolute guarantee of the highest quality that Nature, 95-Year Skill and Modern Scientific Control. can produce.
DODWELL & CO., LTD.
Queen's Building,
Tel. 20636.
TO CHINA
The
RISING PRICE 'P. I. REMITTANCES
OF RICE
Secondly, strict government control to prevent hoarding and
monthly remittances profiteering by unscrupulous mer-
overseas Chinese in the Philip- chants and organisation of war- "We are taking immediate steps pines to their mother country time economic inspection corps to to check the upward trend in the amount to an average of $10,000,- see the wartime economic laws prices of rice," "said Mr. D. L000 (Chinese currency), accord- and decrees are properly observed; Newbigging, Food Controller, when ing to Mr. Wang Yun-yu, manager and
asked by a Hongkong Dally Press of the Fukten Provincial Bank, Thirdly.. migration of large reporter yesterday what steps who just returned to the Colony numbers of people to: districts have been taken, or under
con-from a visit to Manila in connex- where there is surplus food. templation. by
ease the rice situation.
,
Machine tool .production In $225
Canada during 1940 was valued at 8432) | $10,821.949, compared with $1,548, 80 cta 419 in 1939, an increase of 800 per
$193 cent.
Government
to ion with the establishment of
Bank- remittance office of the
"I cannot tell you what steps there. we are taking as that would affect A remittance office of the Bank their effectiveness. You may, how will soon be established in Boura- ever, state that we are energeti-baya, Java, Mr."Wang revealed- cally pursuing this matter."
(Central).
$125
Bat
880
$80
407)
I.D. $6.55
$88
BOUSES AND APARTMENTS WANTED.
$18.8
8241
16/0
18
7
X.D.
€33)
$97
9:0
PRE-PAID
ADVERTISEMENTS.
The following classés of advertisements, are charged at the price given below SITUATIONS VACANT.
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.
HOTELS
TEA DANCE
DAILY
$3,18
WANTED KNOWN
Experienced Book-keeper Wants Students to form a class. · Guaran- ce students to keep a whole set of oooks after completion of a course. of 8 months. For Tera, and Par- į ticulars. Please Apply to:-Box |
«/o HKDP
FOR JADED APPETITES!
REAL RUSSIAN FOOD
Tiffin $1.20 +
Dinder $1.50
METROPOLE HOTEL
EXCEPT MONDAYS 5 to 730 P.M.
Jo, 483
$200
Zoong Sings (8.).....
Wing On Textiles (8.)||
$125
WANTED TO BUY
Public Utilities
$16
"WE PAY HIGH PRICES
$7
$231
#16] H.K., Tramways....................
$71
Pank Trame (old)...
#3 Peak Trams (new)..
Star Ferric $22Y'conti Farrise..... $0.20 China Lights 10.... China Lights New). $28.20 U. K. Electrice (Old)... $261 H. K. Electrics(New) $18Macao Electrics (Old:] $17Macao Electrics (New); $12 Bandakan Lights...... [Telephones (öld)......
#9 Telephones (new)..... B'pore Tractions (Ord.
Industrials
$30 Cald., Macg. (Ord.) I $25 Cald., Macg. (Prof.)
Canton Ices.
I.D. 16 子
Comenta
H.K. Ropes mun
H.K. Govt. Loans
$974% Loan
$944 (32%
$24 81%
H
(1984). (1940) Miscellaneous
$17) Dairy Farzan
Entertainmenta" $1.80 Constructions (old).. Constructions (now)..
#1
Lane Crawford....... Nanyang Tobacco.....
$2.15 Sinceres.................. Waisons....
$0.80 $9.70
78
$39
Ch. 0.5% 1925G $Bds
!L.K. Wing On
TO LET
Shop space, with window; in best
for all gold and silver articles district, early next month. Reply
Jade diamonds, jewels, watches, giving line of business to box 200.
Ba16 fountain pens. Apply Far East HK. D. P.
$1,70 XR. $26.20
8951
$177
C.D.
$3.85 $2,20
$9,80
Pagin
#232 $9.20
175 ot
Diamond and Gold Refining Co. Room 623, China Building, 6th floor. (Store will open on Sun- days and Holidays).
General Agent: Chan Che Kee No 4, Lyndhurst Ternice. Tel 26402
WE PAY HIGH PRICES
for all gold and silver articles,
gold bars, diamonds and Jewels. 97% Apply China Gold Refining Co. Podder Building, 2nd door. Room 6.
ཟུང་ཆངན་ཐོལདྷ་ཝ
WE "OFFER HIGH. PRICES for $1.65 any
amount of gold articles, diamonds, sliver, jewels, etc. No | holidays." ~ Apply China Building, 7th floor. Tel. 30727. Euraala Gold Refining Co.
BUTTERICK
Expert Ladies Tallor, New Style Ready Made Dresses, Overcoats and Costumes
FOR SALE.
|16, Wyndham Street. Til 23415
ENGRAVERS
FEI FEI & CO Photo Engravers
1J, Cochrane" Street, Telephone No. 22324.
(3)
Jimmy's
Help Your Friend and his Hobby by giving POSTAGE STAMPS
10%
hls COLLECTIONS and SEEDS for
his GARDEN
We can supply the goods of his and your want,
GRACA & CO
Dealers in postage stamps an garden seeds etc.
No. 10 Wyndham Street. Established 1896)
HONG KONG
B'hai Wing U
7.20 Vibro Piling
6/3
Marwan Inv. (Lon,
9/6 Marxmena Inv. (HK) 81.9) Wm. Powalls..........
H.K. Electrio (Bis)
tals to Shanghai
Automobiles entering Canada for touring purposes during 1040.
919 totalled 3,405,537. Canadian Fau- #16|tomobiles touring in the United
States in 1940 totalled 539,553.
AUCTIONEERS
GREATEST COLLECTION BARGAINS IN TOWN
LAAIMERT S SECTION ROTM
WANT ADS ARE SURE
$18