HONGKONG DAILY PRESS
།
STRANGE AS IT MAY SEEM-
HONGKONG IS SENDING RICE TO SHANGHAI!
THE SHANGHAI MUNICIPAL COUNCIL HAS NOW MADE ARRANGEMENTS WITH THE RICE CONTROLLER OF HONG- KONG which, barring unforeseen and/or uncontrollable circum- stances will enable the Council to place" at the disposal of the Shanghai market regular and substantial quantities of rice which will suffice to solve the Shanghal rice problem so far as supplies are concerned, an S.M.C. communique Issued on April 23 stated. according to the North China Daily News.
RICH GOLD DEPOSITS IN KWEICHOW
KWETYANG, May 1 (Centra)— Exploitation of the rich mineral deposits in Kwelahow is proceed- tng, space under Government direc tion.
FINANCE & GENERAL
MOST OF THIS YEAR'S WOOL CLIP REQUIRED
FOR WAR PURPOSES.
It will soon be sheep shearing time in Canada. As a large per- centage of the 1941 Canadian wool clip will be used in war contracts it is important that Canadian wool be handled and marketed to best advantage, says A. A. MacMillan, Production Service, Dominion Department of Agriculture. All wool sold commercially will be grad- Gold, iron, cost and mercury are ed and in this way each grade will be used for the purpose for which produced in considerably quanti-it is best suited
As Canadian wool of itself is The Council is "determined that only. Middlemen did not show up ties. The gold deposits in an un-
disclosed region are estimated to equal to any produced elsewhere these supplies shall be made avail- either. able to the public at the lowest Profiteers, who have been hoard-be worth millions of dollars. The the following suggestions may be another place of value to Canadian sheep raisers possible cost and is making aring rice still refused to sell their iron, reserves in
angements accordingly.
grain according to the prices stretch hundreds of miles, thair at this season of the year:- officially limited by the authori-quality cumparable to the Iron ores OPTION OBTAINED The Council has already obtain-les. As a result there were only in Tayeh, Hupen,
-
a few transactions in the Market, which usual
manganes
1. At lambing time avoid drop-
War Holiday Advocated By
ping straw and chaff on the ewes' Government
backs while in the small lambing
on summer
(Reuters) -
that
one.
Meanwhile, silver, copper, lead, ed an option on a quantity of 5,000
LONDON, May 1 was closed earlier than cinnabar. antimony, arsenic, tin, pens.
2. Avoid allowing ewes to get. tons which has been offered to
gypsum, sulphur and
dirty in wet muddy yards or pens. An official Government statement representatives of the Rice and
"RICE WORMS"
mines are under survey.
holidays says Cereals Guild on terms which
3. During the spring break-up. There are about 1,000 retail rice should ensure that this quantity
The Kwelchow provincial au-keep pena as dry as possible. Pro- Government takes the views that will be made available to the public shops in Shanghai and managers thorities are planning to establish vide drainage from pens and yards, for the purposes of efficiency in 4. Prepare for shearing by mak-war production and in other essen- at prices very substantially below of these shops also have been com- a large iron refinery and organise those now ruling, the communique plaining against the manipulation a Kwelchow Coal Mining Companying sure that the ewes can be tial business, the customary aum- concluded
in the Market by "rice worms," as in collaboration with the Ministry penned in a clean place free from mer holiday, not exceeding
week, should in general be taken called.
chaff and seeds. The of 'Economic Affairs. Representatives of retail rice rice profiteers are
these shops beld 8
5. A clean shearing platform is this year. shops in both foreign areas, who managers of
essential.
In some firms, it may be better have been keeping the Shangnar meeting at which they decided to
8. Ewes that are tagged at this from the viewpoint of efficiency to population supplied with Its dally Fetition the authorities to do away
system 30.1 quota of rice by buying rice trom With the "allowance" the Shanghai Rice Market in Foochow Road, refused to go into the Market. Instead they awaited
וויי
obtain rice
INDUSTRIAL CENTRES season of the year are less likely to clase down for a holiday period if ati IN FREE CHINA
CHUNGKING, May 1 (Central)
that they could smaller prices.
Rice merchants here have been
I is learned that
advantage can be taken to over- become dirty later on.
7. Make arrangements for a sup-haal the plant. ply of paper. twine, and wool sacks, The statement says that ball-
FRIDAY, MAY 2, 1941. -PAGE
SAY
Gordon's
...and know what you're drinking/
GORDONS
DRY GIN
PASTILLERY LONDON.
NO COLOURING MATTER
NO INJURIOUS INGREDIENTS
FARM LANDS VALUE
The average value of occupied
action against profiteers, who have discussing the question of buying since the outbreak of the war, 11 so that the fleeces can be properly days should spread over the period been demanding allowances" in rice collectively from Hongkong industrial centres have sprang up rolled and "tled at shearing time, from May to October.
China's south-western and and the wool well stored until sold. Subject to unforeseen circum- addition to the price money which or some time.
The 1941 clip of fleece wool stances, the Whit Monday holiday action, in a large measure, has authorities of Hongkong recently north-western provinces, where
1,378. new factories are turning out should make a valuable contribu- in England and Wales will not be jee au- been responsible for the record sent a representative to
industrial products to meet mill-tion to Canada's war effort and It cancelled nor the Victoria Day farm lands in Canada in 1940 was thoritles in Shanghai and that they prices quoted by the shops.
Is important that each fleece be holiday in Scotland, though it will reported at $24 an acre, a decrease offered to sell between 200,000 and tary and non-military needs.
AMODE the factories are 361 kept clean, free from straw, seeds, be necessary for people engaged on of $1 per acre from the 1939 value, 250,000 bage of Rangoon rice It was learned that they had monthly to this city under official chemical works. 313 machine work-chaff, burrs, and tags and that it special urgent production to work Declines in land values, were re- decided to boycott the Market for ipervision. There would be no shops, 294 textile mills, 93 metal be marketed in good condition for on those days. three" "days as it was stated profiteering in this transaction, Jurgical works, 48 electrical works grading and sale to Canadian mil's
that can use it to best advantage
BOYCOTT OF MARKET
It would be difficult to can- but it is stressed here that the tinue business unless the authori-rice situation will remain чет tles put a stop to the "allowance" serious unless the extorbitant de- system. in which profiteers follow mand for allowances is done away
prices officially allowed in name with by the authorities..
RECORD FOREST
OUTPUT
FEED GRAINS CROP
The value of production from The total crop of all feed grains New Brunswick forests reached thefin Canada for 1940, including oats, all-time high of $41,000,000 in 1940 barley, rye, corn. buckwheat, peas, as compared with $28.500.000 In and mixed grain, but not including, 1939, an increase of $12,500,000 wheat, amounted to 10.9 million A total of 275.000.000 feet of tons. This crop was almost the sawn lumber valued at $9,000,000 same. In amount as that of the and 590,000 cords of pulpwood, plt previous year. props, and other round timber with At the same time, however, the, a total value of $7,000,000 was ex-numbers of grain-consuming ani- ported through New Brunswick "mal units on farms (all classes of ports last year,
Hve stock and poultry converted to During the year the province's an animal units basis) was In- six pulp and paper mills used 738, creased by ten per cent, thus the 000 cords of pulp to manufacture supply of grain feed per animal! $18,000,000 worth of newsprint, unit has been reduced to 0.68 tons. kraft, paper board and pulp pro-, fompared with 0.75 tons for the ducts for export. Production from previous year.
Crown Lands in New Brunswick
for 1940 was 138,000,000 board feet
of sawn lumber and 328,000 cords
of pulpwood, pit-props, and other
round timber.
The pit-prop requirements of British mines provided a new in-1
MORE SHEEP IN CANADA
The number of sheep on Cana-
dustry for the Maritime Provinces dlan farms at December 1, 1940, In 1940, with New Brunswick sup- was 2.888.800. a gain of 1.3 per cent plying approximately 70 per cent. over the 2,653,000 at December 1,
1939. of the pitwood exported from Canada to the United Kingdom. Declines in numbers occurred in Previous to the outbreak of the the Maritime Provinces and On war, little was known in the Mari-tario, while Saskatchewan showed times concerning the manufacture an increase of 12.5 per cent.
of pit-props, and in order to as- It is expected that a further in- sist operators to furnish products crease in numbers will be shown satisfactory to the British market in the count at June 1, 1941. special lessons in pitwood produc-
and 289 other planta..
STOCK EXCHANGE,
Buyer Sellers
HONGKONG SHARE QUOTATIONS
SHAREBROKERS ASSOCIATION
Balon Nominal
THURSDAY
Earr Bellers Su
Nomios
1 MAY. -Banks
$1325 HK. Backs 278
£71
Do. (Col. Reg.) Do. (Lon. Reg.)... Chartered Banks.....
870
€97
E22 Mercantile Bks. "A", Mercantile Bk. "C".
211
Bank of East Asia..... | $70 N. C. & S. Banks.....
Insurances
$992 Canton Insurancesin $420 Union Insurances....
Underwriter k H.K. Firen
F8$
$8.55 Waterboats ..............
$1395 BTS
£71
£83
£22
£1
US. Ships To Carry
ported in Prince Edward Island, Nova Scotia, New Brunswick, Manitoba, and British Columbia."
The greatest reduction occurred In New Brunswick and Nova Scotia where average land values were re- ported at 55 an acre less than in 1939,
:
War Materials" WASHINGTON, May 1 (Reuter) -President Roosevelt "Eas asked the U.S. Maritime Commission to Values remained the same as in obtain the service of "at least 1939 in Quebec, Ontario, Saska- 12.000,000 tons of merchant ship- chewan, and Alberta. ping to be used to supply all-out aid to the Democracies."
In a letter yesterday to Admiral Land, chairman of the Commission. the President indicated that cargo- ships of all types might be taken from existing or proposed trade
15 ct. routes to haul vital war supplies
and food oversens, **
He also said the U.S. merchant $292 #420 flest must be extended faster than 80 cte planned "so that 'more ships be- $187 come available to carry goods, in-
cluding war materials.”
$1 $187
Shipping
$135 Douglases
$125
Steamboats
$80
Indo-China (Prof.)...
$80
#80 Indo-Chinas (Det.)
$60
40/7
Shells.......
40/71
$61
Docks, Wharves,
Godowns, etc.
885
H.K. & K. Whares..
8951
$4.50
Providents
Há
10
H.K. Docks (Old)....
$15
H.K. Docks (Now)..
$26
+Shanghai Docks.......
826
14/0
14/0
#B
Rauba
$8
22.80
833
::::
Mining
Kailabs gra
1ota Hong Kong Mines......
Lands, Hotels and Buildings
H.K. & 8. Hotels...... H.E. Landa...............................
1976 Do. 4
Dabentures.....
12.70 Shanghtst Lands...... $2.90.K. Realties..
802
26.70 Humphreya ........ Chinese Estates...
Cotton Mills
Ewo (S.)
$200 S'hai Cottons (8.)...
Zoong Sings (8.)......
Wing On Toxtiles (S.)
Public Utilities
H.K. Tramwayɛ...............
$382
48
1441
#.#
$323
::
$2.90
HONGKONG
SHAREBROKERS
H.K. Stock Exchange
.BUYERS
Bank of East Asia, 570. Indo-China (Pref.), $80. Providents. $1.40.
Hotels, $2.80. Lands, $30.
Entertainments, $8.25.
SELLERS Lights (0), $8. Ropes, $7.
Hotels, $2.80. Lands, $31.
SALES"
LONDON STOCK EXCHANGE LONDON, May 1 (Reuter) Stock Exchange conditions were cheerful but the turnover was small apart from a good demand for Gut-edged which made fur- ther substantial appreciation.
Among foreign bonds, Greeks
hardened. Japanese
Cable *75$ 8.75 and 200 15.80 and Wireless weakened from 834 to 61 on less optimistic dividend expectations. Kaffics were quietly Arm.
A. ASSOCIATION Volume of Business Transacted on Thursday, May 1, 1941. SALES
HK. Telephones (N) H.K. Tramways
275
The total value is $3,816.25. *Sale on Wednesday, April 30.
Wall Street was quiet.
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 Fre-paid
Rate of $1.50 for THREE INSERTIONS.
If Charges collected, - $2,00.
floor. Tel.
TO LET.Unfurnished from 1st June. 300 The Peak Six roomed $97 house
in Bluff Path Fifteen Tram Reasonable minutes from
Hastings K Co. Marina
WE OFFER HIGH PRICES for any amount
of gold articles, diamonds, silver, jewels, etc. No holidays. Apply China Building, 7th
30727.
EURASIA GOLD REFINING CO.
$3
$6.70 Rent,
House.
$38)
$200
231
tlon were given at the Acadian
Forest Experiment Station, near WOOL PRODUCTION
Fredericton, NB.. by foresters of the Federal Department of Mines and Resources.
FARM CATTLE INCREASE
OF CANADA
Canada's total wool production during 1940 amounted to 18,127,000 pounds as compared with 17,846.- 000 pounds during 1939. Bhorn wool production amounted to 13-. 822,000 pounds and represented an increase of 253,000 pounds over the 1939 clip.
According to the latest survey of An Increase. in the number of live stock on Canadian farms, the sheep shorn was responsible for number of cattle on Canadian the increase in shorn wool produc farms was estimated at 8,315,600 tion. Cash income for the 1940 head, a gain slightly more than wool clip is estimated at $2,329,000, one per cent over the total of a gain of $892,000 over the "cash 8,244,100 on December 1, 1939. Income from the 1938 clip.
The present upward trend, says the report, is expected to continue, as herds are being built up follow- ing the downward trend in the cattle cycle.
Resulting from large Govern- ment orders for clothing of the Canadian forces, consumption of wool in Canada in 1940 at 101,- 616,000 pounds, greasy basis, was the highest figure in the last 10
years.
1939 Consumption in
Increases at December 1, 1840, were shown in Ontario, Baskatche-amounted to 64,900,000 pounds and wan, Alberta, and British Columbia, the five years, 1934 to 1938, aver- Blight declines occurred in Mani- | aged 61,958,000 pounds yearly. toba and Quebec, while substantial reductions took place
in the Maritime Provinces.
more
jda
Income tax collections, in Cana
during the eleven
months
period of the current iscal year (April 1, 1940 to: Feb. 28, 1941)
A total of 90,000 vehicles for totalled $231,179,485, representing military purposes have been sent a net increase of $103,627,839. over from Canada to the British Em-the corresponding eleven months pire at war.
of the previous scal year,
::::་:
11:
$125
WANTED:—For Accounts Depart- ment of important European Estate Agency House in Kuala Lumpur Assistant preferably Experienced qualified Incorporated Accountant or Chartered Becretary or similar. 8234 Reply Box No. 218, c/o HK.D.F.
$16.60
$76 834
351+
*
818
Peak Trame (old).....
Bal
Peak Trams (new)....
851+
Star Farries...
$23
Yati Ferries.
Chins Lights (0)...... #6.80
$11
$24H. K. Electrics New)
$14
China Ligbis (New)..
X.Rta 351 H. K. Electrics (Qld) X.R.
H.K. Electrio (Ris.);
$1.40 824.60
824 $12 65
317 Matso Electrics
| Macao. Electrics
$12
Bandakan Lights...poss
$23
$13
Telephones (old)...................
#9 Telephone (now).......
Industriais -
$30 Cald., Maog. (Ord.) 8.
$25
Cald., Macg. (Pref.)8.
· $1
Canton Ica.
018
Cements
$7
H.K. Ropes
H.K. Govt. Losse
$97 4% Loan
#8)
$1
*NOTE
804 83% #94 31%
14
(1934)
(1940). Miscellaneous
$17 Dairy Farms.....
Entertainments .......... $1.80 | Constructions (old)... Constructions (Bow).-;;
#71 Lane Crawfords.... .... Nanyang Tobacco......
$2.16 Sinceres..
891
28
Ch. 0.5% 1925G Bda.
Wateous
339
LK. Wing On
*་
B'bai Wing On
$7.20 Vibro Piling ...............
6/2 Mamata Inv. (Lon.)
2/6
Maremans Inv. (HK)
$11
Wm, Powells.....
Lights Rt..
+Sale to Shanghai
***
$18
WANTED TO BUY
WE PAY HIGH PRICES for all gold and silver articles. Jade, diamonds, jewels, watches, 19.20 fountain pens. Apply Far East Diamond and Gold Refining Co.. Room 621, China Building, 6th floor. (Store will open on Sun- days and Holidays).
75 cts,
87
General Agent: Chan Che Kee 97.No: 4, Lyndhurst Terrace. Tel
26402
944
$171
WE PAY HIGH PRICES for all gold and silver articles, $1.85 gold bars, "diamonds, and jewels. Apply China Gold Refining Co. #7)
Fodder Building, 2nd Door, Room 6.
$300
12.20
$9.70
964 $42 $14
BI
WANTED KNOWN
Experienced Book-keeper, Wants Students to form a class. Guaran- tee students to keep a whole set of books after completion of a course of 6 months. For Term and Par- ticulars Please Apply to:-Box No 462 14/0 H.K.D.P
FOR JADED APPETITES!
HOTELS
REAL RUSSIAN FOOD
Tiffin $1.20
•
Dinner $1.50
METROPOLE HOTEL
BUTTERICK
Expert Ladies Tailor New Style Ready Made Dresses, Overcoats and Costumes
FOR SALE.
16, Wyndham Street.. Tel 23615
ENGRAVERS
FEI FEI & CO. Photo Engravers
18; Cochrane Street. Telephone No. 22224.
AUCTIONEERS
GREATEST COLLECTION DI BARGAINS IN TOWN:
LAMMFITS MECTRON JHOOM Bacharest, Be in t
TEA DANCE-
DAILY
EXCEPT MONDAYS 5 to 7.30 PM.
Jimmy's
Help Your Friend and his Hobby by giving....
POSTAGE STAMPS
" for
hta COLLECTIONS-
and SEEDS:
for-
his GARDEN
We can supply the 'goods of his and your want
GRACA & CO. Dealers in portage stamps
garden seeds etc. No. 10 Wyndham Street.
Established 1896-1
HONG OWN