1939-02-01 — Page 11

HONG KONG DAILY PRESS

Finance and Commerce

Quebec Mining In

Make Big Strides

Can Look Forward To

Promising Future

THE MINING INDUSTRY OF CANADA" has made gigantic

but strides in recent years,

In no part of the Dominion has progress been more spectacular than in Quebec, particularly in the north-westem section of the Province. In 1911 Quebec's at less than $10 million; de- mineral output was valued

attained velopment was slow fer many years and production value of $20 million only in 1923. Since that time expan- slon has been rapid, and many new records established, until finally in 1937 output exceeded $65 million In value.

During the past year, mining operations have continued Canada but the rate of growth in Que- active in all parts of

In spite of most other sections. however, "large areas are still untouched

holds industry in the Province

great

bec has exceeded that

in

the progress achieved,

and the future of the pron raise.

DIA

to

at

FINANCE

H. K. STOCK

EXCHANGE

January 31. Business was a little more brisk

BRITISH PLANES to-day, enquiries being spread over a larger field. The turnover was better than for the past few days, with some prices showing a slight improvement.

OUTPUT

Progress Greatly Expedited

LONDON, Jan. 30 (Benter) -British output of military planes which now exceeds 400 monthly is within measurable distance of equalling the Gei- man rate of production. This statement is made by the "Daily Telegraph's" aviation respondent, who declares that off- cial reticence about the progress of rearmament had led foreign observers to under estimate cent great strides.

Although little had been heard counter-offensive of the British

COT-

re-

bumbing force, the Air Ministry was actually strengthening the composition and reserves of this force speedily.

ap-

The regular Air Force now ha In north-western., Quebec/a min-1 of 95 million pounds valued

Silver and zinc are 5.800 trained pilots and 1,800 un Ing. region practically unknown $12.400.000.

produced in considerable der Instruction, while, including situated also sixteen years ago.

each case the various Air Force reserves but most of the metal mines now in quantities, values in

Other excluding the Civil Air Guard, the These number. 1,30. exceeding $400.000 in 1937. production.

the total value number of pilots qualified for Into metals brought seven, of which have come

over military duties woula soon production within the past twelve for the metallic group

This proach 10,000." months. Older established mines $38,650,000 in that year.

total | increase was more than double the have also continued to

As a result, the reported just four years previous- their facilities.

The total for milling capacity available in the ly. In 1933. Province has riser by 40 per cent 19 tentatively placed at $42,000, The growth of this branch In two years and is now capable 000,

of the mining industry la ́ sum- of treating nearly 18,000 tons

marized in the following table. -ore each day.

Year

Value of output of metals only

$18.380,011 19.258.004

of

Gold is the most important métal produced, the quantity

1933

recovered in

1937 exceeding

1934

712.000, fine ounces valued at

1935

nearly $25 million..

1936

1937

of

of

ap

with 1936, with a value 1938

proximately $10 million.

"Other non-metallic minerals are. of minor importance but the total value of output reported for this group was $17.246.139. against approximately $8,000,000 in each In of the years 1933 and 1934. 1935 the total was $8,924,178 and In 1936. $12.388,178.

23,804,792

30,643,787

38,655,120

BUILDING MATERIALS

the year 1938 hag been a record one for Quebec's gold mines, output during the fra ten months amounting to

115.000 erals produced in the province, ing materials. The scale of opera ounces. or more than the total asbestos 15 predominant. Output tions in this branch of the mining produced in the whole

1937. has been greatly expanded during industry is dependent almost en- and comparing with 580,000 ounces the past few

years. increasing tirely on the activity of construc- during the corresponding period from 158,000

valued tons

at tion and the demand for of that year. Production for the $4.936.326 in 1934 to 410,000 tons products, As construction activi- year is expected to have the re-

Operaty lagged the production of build- worth $14.505.541 in 1937 cord value "of approximately $30 tons were somewhat curtalled ing materials remained low and million.

during 1938 with production the total of output held around $6 million for the years 1933 to 1936.

The third group in the classi- 1938 (estimate)

42.000.000 fcation officially adopted for

build- Amongst the non-metallic min-mineral production covers

in

.COPPER SECOND

below the "level reported in 1937. Copper stands second the but the total for the year is ex- compare favourably metallics with an output in 1937 pected

to

these!

Expansion in construction

BUYERS

Hongkong Bank, $1370. Union Insurance, $450. H.K. Fire Insurance, $170. HK. Docks (Old). $16.90. Providents. (Old), $5,70. H. and S. Hotels, $0.60. H.K Lands, $36.

H.K. Tramways, $17. H.K. Electrics, $581. Cements, $15). Watsons. $7.45 Wing On H.K., $38. Entertainments, 57.. Marsmans (H.K.). 2/6

SELLERS

Canton Insurance, $223. Union Insurance, $450. H. and S. Hotels, $6.70. H.K. Realties, $5.70. H.K. Tramways, $17.40. Telephones (Old), $231.

SALES

Hongkong Bank, $1365/70. Union Insurance, $150/455. H.K., Docks (Old), $17.10. "H. and S. Hotel, $8.80.

Humphreys 59.

H.K. Tramways, $16.50/17. China Lights (Rights), $3. Cementa, $154.

Entertainments, $7.10.

WEDNESDAY. FEBRUARY 1, 1939.-PAGE 11

NATIONAL LIBRARY REORGANIZED

AT KUNMING: MOST OF

VALUABLE BOOKS SAFEGUARDED

Destriofag another phase of the work of the Library. Dr. Yuan saldnaro

The National Übrary. for- merly located at Peiplag, has, now been reorganized and re- established at Kunming, capi-

"The National Library has been tal of Yunnan Province.

building up a special collection of Dr. T. L Yuan, acting Director source materials relating to the of the Library, is paying a short present undeclared war. The major visit to the Colony, and informs purpose of this undertaking has the "Hongkong Daily Press" that been to collect and preserve, not it has been possible to safeguard only documents of military and most of the valuable books and war experiences, but also records manuscripts which were in the custody of the Libiary.

"We are engaged in the task of bringing modern Chinese culture to the areas of the great Southwest." sald Dr. Yuan.

C:

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Tuesday. January 31

No. of

STOCK

Hotels

ĮLAMMERTS' AUCTIONS |

PUBLIC AUCTION.

THE

J

THE Undersigned have received

instructions

י.

TO SELL BY

PUBLIC AUCTION

ON

of social and political significance, THURSDAY, the 2nd FEBRUARY, | resulting" from the war,

Our chief endeavour is to gatheri together various materials as they are being produced from day to day, before they should be lost or forgotten.

TO ENRICH COLLECTION

With a view to building up a historical collection that would be lor great value and use to future scholars, the National Library feels

its duty to assemble widely and to

preserve permanently whatever materials regarding the war thắt could come within its reach. And for this work, we solicit the active co-operation of the public at large to contribute Items and to send in materials to enrich our collection. It is also hoped that the Govern- ment will eventually see fit to place and deposit the historical archives of various ministries and in the National 39 commissions 22 Library, for the sake of concentra-

tion and completion.

"16.36 7:10 .1.20 25.0.441

Shares,

Price

600

$ 6.60

Trams

100

17

Docks (New)

450

Entertainments

262

Waited Paracale.

2,000

Antamoks

11,000

Suyoca

10,000

"

Demonstrations..

1,000

Demonstrations

2.000

21

Coco Grove

1,000

.48

Itogona

1,000

Baguio Gold. Ps, .264.

Itogons

5.000

Benguet Consolidated. Ps. 13.40. Coco Grove, Ps. 471.

Masbate

3,000

Consolidated Mines, Ps. .0025.

PHILIPPINE MINES

Antamioks, Pa. 44. Atoks, Ps. .34%

Demonstrations, Ps. 204.

IX.L.. Ps. .04.

San Mauriclo. Ps. 1.75: Suyoc, Ps. .234

United Paracale. Ps. .58.

operations in 1937 was reflect- ed in the rise in the value of büllding materials produced in Quebec during the year to

Such $9.187,926,

perfodie available in- reports as are dicate that the output of the main building products WEE comparatively well main- tained during 1938.

THE SHARE

MARKET

Among the materials to be col- .35lected attention should be called to private 17 manuscripts, and other ephemeral material which either do not exist In printed form or do not get into the regular book. trade. Materials of this kind will certainly perish they are not collected imme-

.351 the AR11 pamphlets,

Philippine Gold Mining Quotationsdiately. Such materials, we believe,

Atamoks

Atoks

Bagulo Gold

Benguet Consol. Coco Grove Consel Mines Demonstrations

I. X, L.

San Mauricio,

Suyoc Consol.

January 31.

44

34

United Paracales...

Market Comment. Quiet.

will be most useful to future his- torians and students, and will be given the greatest care and 251 thought in the work of preserva- 13.40 tion.

47) As this work of collecting w 0025 be carried on into an indefinite 2011 future. we hope to receive sugges- 64 tlons from any one interested. 1778 Dr. Yunni is a graduate of Uni- 23versity College, London. He travel- led extensively in Europe in 1934 and 1935.

68

1939

Commencing at 11.00'am.

At their Sales Room, No. 2 Connaught Road, Central, Ground Floor."

A QUANTITY OF VALUABLE KOUSEHOLD FURNITURE

معلم

700 Pieces Steel Tubs

30 Doz, Felt Mat Cones

7 Pieces Steel. Casements

4 Cases Torchlight Lenses

3 Bags Mineral. Ore

2 Mosquito Copper Wire Houses

1 Lot Toilet Powder

TERMS:-Cash on Delivery.

LAMMERT" BROS...

AUCTIONEERS.

"People Who Matter”

PEOPLE WHO MATTER, to the"

advertizer are the

people who can

afford to buy his goods. Most of" these people buy and read the

Hong Kong Daily Press,

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