PACE 10-HONGKONG DAILY PRESS
War Throws Big Strain On Malayan Timber Industry
"War conditions threw a heavy strain on the timber industry which was (and with cônšinue to be hard put to meet emergency orders without dislocation of normal undertakings," states the an- nual report of the Forest Administration in Malays, including Brunel, Fuar 1940
It further states that last year, a further 347 square miles were gazetted under the Forest Reservation Ordinance, bringing the total area of reserves in the country to 10,879 square miles which is 204 per cent of the total land area,
emergency demands almost brought this trade to a standstill
The systemalle regeneration of face of wartime difficulties but lo- trees was undertaken over 144,556 cal arres, and was completed' over 5,844 acces Artificial reget:erallon was virtually restricted to experimen
FINANCE & GENERAL
THURSDAY, SEPTEMBER 18,
1941.
FOREIGN MARKETS & QUOTATIONS
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Sept. 16. The following quotations are the middle prices at the close of the market in London. All quotations Firewood was both imported and are subject to confirmation and Bo exported in Increased quantities responsibility is assumed for errors Pa certain the reduction in net Imports indiku transmisslor. dibbling and planting cating torreased local (as opposed at hard woods was done on a small to entrepot participation in
trade scale, particularly in Perak.
I
+6
1:1
11
Of the 1000.000 acres set aside Two new mills were completed. for intensiv, management. 34.458 during the year. bringing the to have so far been fully regenerat! laj up to 80, but two did to work;
The scheme is not yet fully f these, 15 Are In the Strait
mere backward Se tiems, :be operative I states where the state and resour Eventual con ves are 81 large trol, It is pointed, will have to be on the basis of volume rather than
as far as the hard wouď
on arra are concerned
ן}
45
the F M S and 2010 the
The S the mills. cotauired output of all outside the S... was 123.183 1019 of 50 cubic feet, as compared with 95.580 tons from Penang and Sin gapore
The rise in the price of logs was Nel Imports included 155.496 me the tons of unmanufactured wood sharp but nothing could be effer products of which 81.941 tons were tively done to check H. 519 and In the form of logs from Sumatra more being charged for one to for conversion in Aingapore saw This was, to some extent, dur to mls Net exports of sawn timber wartime difficulties but was more were 32.851 Long which included 109,369 cuble feet for the United Kingdom market
ALMOST AT STANDSTIL This virtual doubling of the pre Viud ftgures was achieved in the
DEEP-SEA FISHING
----ནི་ཚ---
AT DEPTHS OF 200 TO 1,000 METRES
Deep-sea fishing along the coast
of Japan will soon take the place
of fishing accordance with the requiremen's of the Ines, says the Asahi
It possible to catch fish at a depth
than 6,000 metres. ABC De but it is practically impossible to bul edible 11sh in great numbers at suci a depth. Therefore, if deep-sea fishing on a commereld basis is to be made a success tas depth must be from 200 to 1,000 metres
on the high seas
The history of deep-sea fishing in this country dates back to the Mij. caught a!
were
Lite
a reauli of shortsighted rivalt amongst the millers
The plywood factory of Mala yan Collieries Ltd.
was consider. ably enlarged by the addition of machinery It turned out more over 1,500 000 sheet, with a aur - face area of about 20.000.000 square feet, more than double the previous
year's One
match factory new Installed, bringing the total to five but only four worked.
32
SUGAR PRICES
New York, Sept. 18 (Reuters
Kaw
NEW YORK SUGAR
Sugar Centrifugal. ship-
MONEY AND EXCHANGE
ment from Cuba, e & f. New York. CLOSING QUOTATIONS duty free:--
Raw Sagar Futures (Contract No. 1)
Telegraphic Transfer. 1/9 7/8 Bank Buils, on demand 1/2 7/8 Credits 4 months' sight
HONGKONG SHARE QUOTATIONS
STOCK EKOWANGE,
Buyway
Retire
Hala
Test Tiny's
Balor Repta
SHAREBROKERS' ABROCIATION
WEDNESDAY
Bayr
Bellers
Bales
17 SEPT
Banks
$1480 1.K. Banka .....
Do. (Col. Reg.)
£77,
BO
£93$
Da (Lon. Rog.) Chartered Banks
Mercantile Bks. "A". Morcantile 9ks. “"0".
£11
$76
Bank of East Asia.
N. C. & 6. Danks.
Insuraneca
Canton Insurance.
Union InPEDIA.
<60
$240
30
52 8/4
8435
9433
$1
Underwriters
102 1/4
$187
$187
H... Fires.
Shipping
$120
Greaster
Douglasen
82 5/4
$10
Stormboats
$90
$70
56/3
Volume of business done: -300
On demand
On Japan:--
On demand
Telegraphic and demand
J New York: A
Bank Bilis, on demand 24 16/16
Credis, 80 day: sight 20 b/8
20 Batavia:----
NEW YORK COTTON
Opening Closing
17.60/69 17.56/56
17.76/77 17,81 N
On demand
Bank Buying Rate dar Silver per os.
Market Report
FROM BOZA BROS
Wednesday, Sept. 17. Silver prices were quoted at 23.- 1/2 for Ready and 23.7/16 for For ward. Silver advices reported the market as being steady but quiet. American Silver was quoted at 34.- 3/4 for Spot.
I
Indo-China (Pret Indo-China Def.:
Shella
$6 55 Waterbonia
Docks, Wharves, Godowns, etc.
H.K. & K. Wharves Providents
$19.40 H.K. Docks (Old). H.X. Docks (New)
#354 +Shanghai Dooks
Η ΚΑΒΑΣΗ
Raaba
Mining
2 cts. Hong Kong Mines....
Lands. Hotels aud
Buildlogs
14/0
$72
$1490 £85
£776
ይሁኔ
£231
£11
#70
18 ct
專送30
$440
170 ote
$187
$120
$10!
$70
66/3
$64
$974
$7.34
$19.76
836
140 87.30
! ! ! !
890
$4.26
$ant $97
$48
$1480
Spot
3.50b
SEPT MBER 17, 1941. Jn London:-
Raw Sugar Futures (Contract No. 3)
Sept
2.74b/'75a
Jun
2.77b/79a
Jo Shanghai :-----
Mar.
2.77b/78a
On demand
£
May
2.79b, 800
in Singapore:--
the
War Loan, 3% Red
aiter 1952)
July
2.826,843
Defence Loan, 3% Canton K'loon Rly 5% Chinese 4%. Gold Loan
1898 Brit. Issue: Chinese 5 Gold Bonds
1925:47 Chin. 44% Anglo French
106-3 16.
1004 13
Sules for the day:27 Jets.
Jn India:-
Dec
211b 12!
4.4
Mar
2.08b/08/a
May
2.08b/084a
45
July
2.08th/099
16
Chinese 5 Crisp Loan
1912 Chinese 5% Reorg Loan
1913 1 Is.) Chinese 8 Ster Notes
1925 [Vickers> Chin: Imperial Rly 5%
Loan ......
On demand
...... 46 3/4
291
lots
B... bid
In Paris:-
4. -Asked WINNIPEG WHEAT
N--nomunal
Bark Bills, un demand Nom. Credits 4 months sight Nou.
897 $7.40
...
87.46/7...
$10.80
38
per bushel
m Balgon:-
10
Oct.
723 721
On demand
106
Dec.
744/748
Ja Manils:-
60
May
762 782
On demand
Hogan Rly. 5% 1905
14
CHICAGO WHEAT
On Bangkok :---
49 7/8
148
Hukuang Rly 5% 1911
(L.P. N/Y Issue)
15
......
Sept
WB
Hukuang Rly 5%. 1911
(German Issue! ung Taing & Hai
Rly 5%. 1913 S'hai N'king My 5% Tientsin Pukow Rly 54
(Bril Sipd.) Tientaln Pukow Rly 5%
German Stpd.) Tlentsin-Pukow Rly 5%.
Dec.
per bushel 1134/118 J212/1213
In Sterling Notes:--
Nom. 23 1/2
84.16 €4 $38) #38
#43
B., & Hotels....
$38,
H.K. Lands.
13
May
126/1251
1978
Do. 4% Debentures
Highest Dec.)
122;
#212 Shanghai Lad
1.3
84.16
84.10 H.K. Realties
$4.15 84.38
....
Lowest C
1201
$8
17
Humphrey
FR
Monday's sales
11,204,000
$100
398
Chinese Estates.
bushels.
Cotton Mills
13
848
Ewo (8.)..
8300
S'hai Cottons (15.)...
13
Zoong Binge (8.)......
0125
UCL
Brit. Stpd. Sup), Loan)
13
Dec.
17 80/82
The price of Jelutong rose to shu. Tientsin-Pukow Rly 5% #pikul. The total production of
Jan
17.87;38
$18.30 $18
18
(Ger. Stpd Supi. Loan)
13
Mar.
18.01/00 17.91/92
the refined grade was 1.452 tons. Jap 6. Ster. Loan. 1924 294-31)
Ger. 7% Intl Loan, 1824 realising $158.088
Chartered Bank
May
18.11/11
1804/04
B* $3)
H.E. TramWY*................... Peak Trams (old)..
$18.40
87$
Peak Trams (now).......
7
July
18 18 18
18:10/10
The London-New
York Cruss
$51Star Ferries........
164
9-5 16
Spot
18.28
Sz
S'hal Banking Corp (Ldn. Reg HK S'hal Banking
Corp (Col Reg Chinese Eng & Mining
(beare?)
17.88
rate was quoted at 402.1/2. New York-Landon was quoted at 413
824
F'mati Ferries.
$24
--
371
87.20
89.30
#2
Chins Lights (0;......) $7.10 China Lights (New)..
$7.20
$2.40
78
Lowest
す
..)
17.63
1/4.
834
6281
T/T on London
4.03-1/2
MARKET
85
34-3/4
Quiet
London Silver, Spot
23-1/2d
STERLING
15:6
Chosen Corporation Mercantile Bank of In
5/8
dio. 6, "C"
There were sellers at 1/3 up October, buvers at 1/31/32 for Cash
$13
$96
#24
Telephones (old).......
$9,30
89
Telophones (new).....
Industrials
Pekin Syndicate
1-
U. 3. DOLLARS
$40
S'ha Elec, Constr. Co
13.9
$35
S'hal Waterworks "A"
15
Belling 25.1/16
rate to Merchants
Cald., Macg. (Pref. 18
Cald., Meeg. (Ord.) §.
$1
Canton Ice......
175 ota
Union Insurance
22
$10
0172
#17/
Cements
3178
Gula Kalumpong Rubber
15
SHANGHAI DOLLARS
$10
Н.К. Кора
| 810.30
H.A. Govt Losse
Lain Mid. & Scot. Aly
151
Sellers at 511.
$101 4% Loan
101
Great Western Rly.
401
National Bank of India
SHANGHAI MARKET
$90 84%
(1984)
399
33
898
84%
BA, Tob. (bearer) Dunlop Rubber
93/1
35/104
Wharves, $97
of
Bristol Aeroplane Imperial Chemical Ind United Steel ... Woolworths
10/0
Providents, $7 45
32/3
Hotels, $4.15.
23/0
Lands, $38.25.
57-
Realties, $4.15.
7/9
18/6
143 9
Lights (New), $2.45.
Tran
品
Trad
68/10/
1 ex div
This is a parked falling of from last year and was due to a short. H.K.
age of abour rather than in the falling off in the amount of trees available Ter tapping Malaya T. Da
“BLACK-OUT” REGULATIONS UNSAFE
I was generally agreed at 2 lobsters when
meeting of the Executive Council depths by great
of fishermen of Chiba Prefecture and of the Automobile Association Kyushu.
Malaya held at Kuala Lumpur on It was only a year ago, however,Aug 17 that the present regula that some officials of the Agricultions governing the lighting
motor vehicles during "Black-out" periods is unsafe and unsatisfac- tory and that no uniformity exists between the regulations applying to the Straits Settlements and the F.M.8.
Sure aud Forestry Ministry and authorities 0 Ichthyology began to discuss the advisability of con- ducting derp-sea fishing along the Coast +>E Japan. Bubsequently.
large fishery amage of
confronted by heavy cerus mands, hegan to show great it terest in this new mode of fishing
which would not require Jasoline.
can- de-
much
ANXIOUS TO BOOST Soon, the Agriculture and Fores
let'er
It was decided that a should be written to the author. ties asking for permission to use
if desired. the British standard head lamp masks as an alterna-! tive.
It was disclosed that there had
try Ministry ever axious to boost been a slight decrease in the total
the supply for the nation, began membership but the steady
to advocate
fishing scheme,
deep-sea the печт
and so popular did the theory become that even- tually, it became the tople of the day among Japan's fishing com munities.
metres a
of new members continues,
Owing to the petrol restric- tion, some of the Road Scouts had to be withdrawn from service. The Scout at Came ron Highlands continues to be very useful.
It
Was deckled
to
w
approach
29
Marsman investments Western Holdings Sub-Nigel Shell
(bearer * bid
MR. YOSUKE MATSUOKA
SOLITARY LIFE WITH BOOKS
The grounds for deep-sea fish-
Yosuke Matsuoka, former For- ing are at depths ranging from
couple of Government again with a view to eign Minister, is leading a seclud- 200 to 1,000
his villa in Outernba miles away from the shores. and incorporating the Offside Rule in ed life at
Codes of Malaya. near the base of Mt. Fuji in the Japan Sea has such grounds the Highway
Shidzucka Prefecture, says the Motorists in Malaya have now covering an area of 140,000 square
the rule and Japan Chronicle. nautical miles between the Noto voluntary adopted
A reporter found Mr. Matsuoka peninsula and Tsushima Island. how a large number of Australian
Transport drivers are at his villa where he had just re- There are some 300 kinds of deep-Motor
in turned from an hour's ramble in sea fish, but only a dozen or so adopting it as it is common
the neighbouring hills with his are edible.
their country.
Highest (Dec.
Silver, Official Rate
H.K. Stock Exchange
Wednesday, Sept. 17
BUYERS
Canton Ins., $240.
H.K. Fire Ins.. $187.50.
Official rates, seliers of Sterling
at 3.5/32 and U.S. Dollars at 5.5/10.
Shanghai Exchange
Shanghai, Sept 16 (Reuler)
Official T.T. Rates
Union Ins., $435.
Chinese Estates, $100.25.
Lights (Old), $7,35
Telephones (New), $9.30.
Cements, $10.75
Dalry Farms. $19.75 Watsons, $13,25.
SELLERS
Docks. $20.10 Hotels, $4 25. Lands, $38.50, Lights (Old), $7.39. Electric Rts.. $14 Sandakan Lights, $13.
SALES
Docks, $19.75/20. Providents, $7.50. Hotels, 34.20. Landis, $38.50/38,25. Trams, $18.30 Lights (Old), $7.50. Lights (New), $2,50. Electrics (New), $23,75. Cements, $17.2b Watsons, $13,40.
The main objectives of deep-sed It was announced that $45,000 wife, Mrs. Tatsuko Matsuoka, and HONGKONG fishing in the Japan Sea at pre-has already been donated to sent are cod, flat-fish, a few kinds War Fund towards the purchase
the his fourth son, Shiro Matsuoka,
The former Foreign Minister was
B
of seabream, and tuma, and along of a Fighter plane in the name dressed in the Pacific coast, cod horned of the stark, and flat-fish.
dark blue cotton { motorists of Mataya. A
kimono and mompe which he had has now been added to the donned for his walk. With a hig Usually, two methods, are used top of A.A. badge and old badges stick in one hand and wearing a In this type of fishing, namely, to may now be exchanged for the triangular straw, hat made in the comb the sea-bottom with nets few type which are mulea long and dragged dollar.
by many tiny boats, and to hang
down long lines with
numerous
balts to the sea-bed,
OR payment of one Loochoo
9.5
SHAREBROKERS:
ASSOCIATION
London
New York
Japan
India
Paris
Hongkong
The
Silver Duty Rat
812
294
Wing On Textiles (8.
Public Utilities
$246 H.K. Electrics X.R.(0)
H. K. Klectrics(Now)....... $13.85 H.K. Electric (Rts.)
$164can Ebotrios
Fleetrios
$13.10 Bandakan Lights......
(1940)
MiscellaneoTLA
820.30 Dairy Farms..........
Entertainments
$1.60 Constructions (old).. 80 ota. Constructions (now)... 16.45 Lane Crawforda....... Nanyang Tobacco...... #21
*
i
#305
#26
#9)
$20 $7 $1.65
$6.45
$5.00
Sinceres
$3,40
#131
Watsone
Opening
842
G5, 1925-G $Bdə
0/8-5/32
$39
1.K. Wing On
$49
6-5/18
S'hai Wing On
$14
$7.30
anquoted
Vibro Piling.........
210
Marsmans Isr. (Lon.)
1177"
anquoted
IE
Central Bank of China's
rate an London at 10 am, today was 1/2-1/28.
The Equalisation rate was 24
per cen
India Ruper Paper
Bombay, Sept. 16 (Reuter). Govt. 31 per cent, Rupee, 98-0-0
LONDON GOLD
London, Sept. 16 (Reuter). Bar Gold, Fine per oz, 168/-
1/0
$14
Maresians Inv. (H.K.)
Wm. Powells..
A. Chemical (HK) 6.80
†Sule to Shanghai
SILVER MARKET
LONDON SILVEK
London, Sept. 16 (Reater). Silver.-Market
quietly
steady
with continued mall trade de- mand satisfied
Spot, 23-1/2d.
Forward, 33-7/184
BOMBAY SILVER
Bombay, Sept. 16 (Reuter).
LONDON METALS
EXCHANGE
London, Sept. 16 (Router). Tin, Standard, Cash, Middle Price, buyera £256-3/4, sellers
£257.
Tin, Standard, 3 Months, Middle Price, buyers £259-1/2, sellers
£280.
Market fairly active with con sumer demand for nears anding
Market-Steady, offtake 100 bars.sellers more' wiling. Sellers of $3
Ready
Indian Mint Silver
03--00-3 Oct. 14 Settlement..... 63.00-8 Nov. 15 Settlement ..... 63-04-9
months" maintained their previous level but buyers were apathetic. After hours. prices were unchang- ed with no business.
INDO-CHINA
Votume of Business Transacted STEAM NAVIGATION COMPANY LTD
on Wednesday, Sept. 17, 1941.
SALES Matsuoka China Lights (0) islands, Mr.
2,200 $ 7.40 looked like a travelling priest.
25 China Lights (N)... "I am satisfied to know that I have done my best Foreign Cements WASHINGTON, Sept. 17 (Router) Master during the one-year One defect of deep-sea fish is The House of Representatives ported of my appointment," said Docka that their meat is not as deficitus yesterday without the call of Mr. Matsuoka. as those caught in the
waters vote prompty approved the £809,- "I concentrated all my energies nonror to the surface, and until 000.000 compromise version of the on my work. With books as my recently, deep-sea fish have been Defence Tax Blil, thus clearing companions, I will load a solitary H.K. Hotels ford. a crate containing some the way for final action today by to from now and try to recover
GB0d
Rb
fertiliser andi
*
749
2.50 2.50
500 17.29
.250
17,80
300 19.75
HK. Docks
1,000
20.00
33
20.15
20.15
500 4:23
chicken
500 4.20
pounds of fish being sold for 50
the Senate,
饅
I was in office so that I may be HK. Mectrios (N)
serve the nation NEW YORK, Sept. 17 (Router) flt again
*The International situation
the 24 pounds which I lost while
1.000
4.10
100
23,60
100
23.78
to
A.S. Watsons
200 13.45
60,000
0.02
as
57,349
Germany,
The total value is $74,002,00.
son. The dearth of fish in Japan
of late, however, has boosted the
price of deep-soa Ilnb. and some The dooth le announced of Mr. again, if the need should arise. HK Mines people have become accustomed Alanson Bigelow Houghton, who
to eating them when tiles, bar was Ambassador to Britain front viewed from the top of a moun dinos, mackerels, salmon and other 1926 to 1020 and for three years tain possesses different aspects. delicious shallow water fish are before that was Ambassador to I wonder if this sham priest can
'become a real one by training:" not available.
Operating Services for Cargo and Passengers
TO
SWATOW, SHANGHAI, TSINGTAU, CHEFOO
and TIENTSIN
KOBE and OSAKA
BINGAPORE PENANG and CALCUTTA-
SANDAKAN
HA PHONG
All steamers berth alongside the Roosevelt Terminal irs.
the French Concassion #1
Bhaugbal, where passengers and cargo are landed.
For further particularai"
please apply rộn
JARDINE
ARDINE MATHESON&Co.,L