1941-01-21 — Page 9

HONGKONG DAILY PRESS

Malaya's Food Problem: Government Aid

With the possiblity of further threats to Ma'ayan contacts with the outside world, the question of food, self-sufficiency in that section of the British Empire has passed beyond the academic stage. It is no longer simply a question of rehabili tating the Malays. Despite continuing protests of rubber plan- ters, Malayan authorities are redoubling their efforts to encour

foodstuffs with age replacement of present Imports of vital locally raised products this time embracing more than rice,

writes Hilda Berthols

Up to the present, Malayn has!

plement its own paddy harvest. however. The domestic crop is grown Malays, who produce enough

take care The

י

During the 1932-33 slump, a lew depended almost entirely on sup- of the estates allotted small plots plies of rice from Thalland, Burma of reserve lands to their labour- and French Indo-China to supers as truck gardens. This scheme,

never became popular' by and was practically abandoned. to The government is.. now distribat- "Grow Your on of their own "needa ing pamphlets demands of the remaining Own Food" and "Practical Hints two-thirds of the population, Chi-for War-Time Gardens in Malaya." These pamphlets deal with some nese and Indians, must be satis

be pro- 30 vegetables which can fled with Imports

with special rice induced in Malaya. In 1937 production of

sweet Malaya was about 319.000 tons and emphasis on tapioca and

The potatoes. Tapioca requires net Imports 573,000 tons.

but cultivation

matures total land in Malaya alienated for little agriculture is about six million slowly a full year should be a- be used acres, of which more than half is lowed hut the crop can' given to rubber; only 750,000 acres after eight months. Sweet pota

Important because. have been devoted to rice culture toes are more Until recently, most of the clashes of their higher food value and involving lucreases in the food- because they mature in from three stuffs area have come between tin to six months; a ten-acre site will

yield from 30 to 50 tons. and agricultural interests.

verr

To judge from reports coming Steps already taken by the gov. from Malaya today the main

ernment Include the strict con- quarrel is now between rubber trolling of exports of foodstuffs rice planters and official and unoffi-and the organisation of a cial bodies interested in goppol. An effort is also being made further than the rice plans out to determine exactly how much lined before and during the early rice is required per head of popu- days of the war

Though expert advice is avail- able to the estates interested diverting portions of their land and labourers to food production, few requests for information have been made and planters have in dicated that they will not plant.

Tation. All rice consumers In Johore have registered with their local dealers and it is planned to introduce this scheme throughout the rest of the Federated Malay

States.

FINANCE & GENERAL.

Finance and Commerce

H.K. STOCK

EXCHANGE

The week's business commenced with increased activity, the trad- ing of which was" widely spread, with buyers predominating at the close.

Buyers

HK Banks, $1895. Canton Ins., $210. Union Ins, $105. HK Fire Ins.. $165. Wharves, $96. Providents, $5,70.

Hotels, $3.50.

Star Ferries, $82.50. Lights X Rts, $6.30. Lights Rts., 95 Cts. Electrics (0), $40,50. Electrics (N), $40,25. Telephones (0), $25,25. Ropes, $8.15.

Entertainments, $7. Constructions (0), $1.60.

Sellers

HK. Banks, $1410. Providents, $5.80 Star Ferries: $64. Cements, $18.20. Ropes, $8,35 Watsons, $11.10. Vibro. Piling, $7.70.

Sales

CHINESE BOND MARKETS

IN LONDON SURVEYED

There has recently been a revival of interest in the Chinese bond market in the financial columns of the London Press. This was caus- ed primarily by the extension of credits to China by the United States and Britain recently,

A survey of the Chinese bond market by local financial circles. reveals that the Chinese bonds attained the highest quotations in the London market in May, 1937,

The cause of the rising of prices | tage of foreign currency and tho lay in China's more favourable hostile Japanese attitude towards trade balance and stability of the transferring the Customs surplus Chinese National Government then to China, the Chinese Government reluc- at Nanking and the general opti announced WILA "Extrame mistic world outlook,

tance Its Inability for the con- the Sino-Japanese wartinuance of woan service. The an- broke out at Lukouchiao in July.nouncement was naturally follow-

When

1937, the Chinese bond market ed immediately by the depreciation abruptly slumped but immediately of the Chinese bonds. Only nominal reacted as people thought that the quotations were obtainable: A1 Incident would be short-lived, though quotations for di Terent However, when the undeclared war | Chinese bonds were featured in the spread In the early part of 1938, press, yet willing buyers were not the bondholders were filled with found, gloom as to future prospects and started to dispose of part of their holdings.

When the British credit and the Currency Equalisation Fund, of 123,000,000 and £5,000,00

res-

TUESDAY, JANUARY 21, 1941. —PAGE 9.

SAY

Gordon's

...and know what you're drinking/

GORDON'S

DRY GIN DISTILLERY, LONDON.

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS"

However, prospects of CULTURAL-WORK IN] CHINESE GOODS

or

The bondholders were faced by

were anncunced thus the Japanese authorities "legally pectively

foreshadowing close Sino-Britian und forcibly retaining instead of transferring the Customs surplus co-operation and enabling defaults to China earmarked for the pay-to be met, Chinese bond quotations ment of interest due. However, the were nevertheless not considerably! EK Govt. 31% Loan (1934), 921. Chinese Government still under-affected, H.K. Banks, $1405. Docks (0), $18.50. Providents, $5.75/70. Trams, $18.40/45. Star Ferries, $63.50. Lights Ris., 97 Cts. Electrics (O). $40.75/41. Cements. $18.10/18. Ropes, $8.25.

Watsons, $11.05.

meet

KIANGSI

IN SOUTH SEAS

took to maintain loan service. Has immediate interest payment this good gesture been not forth capital redemption remained re

To develop cultural enterprises commg from the Chinese Govern- mote if not impossible. ment by advancing, from its own. The outbreak of the European in Klangsi, the Klangsi Provincial pocket to

interests and war in September in 1939 tem-overnment has fixed the budget obligations, the bondholders would porarily paralysed the London, for such enterprises for the cur-

Plans to extend the market of have been the loser for the sum stock exchange and quotations of rent year at the total amount of during the year.

Chinese bonds for quite a long $6,870.000, representing an increase Chinese goods to the South Bea period were unavailable, nor were of $3,000,000 as compared with the regions are being formulated by

encountered the appropriation last year--(Central | the China Products United Car

News>

According to these plans, 10 re- tall stores for Chinese products

LOAN SERVICE

"In 1939 owing to China's shor-ezquiries

market.

HONGKONG SHARE QUOTATIONS

Sales Nomioal

One clash involving rice, imports Thal exTM food crops voluntarily. They look has already occurred.

to sell to the Government for aid before Dorters being reluctant

STOCK EXCHANGE their rice in Singapore generally, taking any steps.

holding out for One of the first plans suggested and agents were

Prayers Ballara ruling, better prices than those produce was that each estate

specifically, one of the daily auc- food to enough,

feed ts OWN

Action was labourers. No provision was sue- tion was suspected.

The Food Control gested, however, for buying the immediate. crop. from the planters if no crisis Authorities ordered the resumption of the auction on pain of the re- vocation of the agents' licenses. and the requisitioning of stocks.

materializeR

A NEW PLAN

QUESTION OF SOIL

$1395

91406

£85

£32

$75

8210

$400

on the for all.

$185

A more recent and apparent.v more workable scheme has been.

It will be difficult to put any outlined in the Straits Times.

the proposed schemes Into The plan calls for the appoint-of ment by the Rubber Control Office operation until the question of the of a Food Production Officer who effect of food production will act as supervisor Of the soll is settled once and scheme. Ail estates of over 100 On the other hand, the planters acres would be assessed from one-claim that utilizing the clearings tenth to one-twentieth of a cent and reservo sites for the cultiva- (Straits) per unit on their stan- tion of food will be detrimental to of rubber. On As dard of production.

others future plantings outside the rubber estates would the other, it is claimed that the also benefit, the government would enltivation necessary to grow one would crop. crop, even if a root contribute a like amount. -

#

#

ESF

993

H

SHAREBROKERS" ASSOCIATION

MONDAY Baytr Hellers Sanomin

20 JAN.

- Banks

H.K. Banks ...........

Do. (Col. Reg.).... Do. (Lon. Reg.) Chartered Banks..... Mercantile Bks. "A"

10 Mercantile, ks. "C".

Bank of East Asia...........

$1395

***

£85

£82

་

In

LOWEST LEVEL Almost throughout the whole

poration.

year of 1940, Chinese bond quota United States and London. Prices will be established in Penang.

Ipoh, Kuala

Lumpur, Malacca, were driven up gradually and steadily. But as large British bond Johore and other places in British holders remained unmoved, avail-Malaya, within six years, in addi,..... able bonds were scarce, and price tion to the two already in smngs-, pore. The capital of these stores." further improved.

will range from $10,000 to $20,000 (Straits currency),

tion's were worst in its history. touching the lowest level. After wards for sometime one could only buy but not sell Chinese honds In the market. However, the sttua tion gradually improved with the Toward the end of 1940, figures announcment c1. the American of favourable Chinese Customs re credit of G$100,000,000 to China turns published ip the Londen Similar stores will also be estab £10 followed by the further British press and supported by speculative lished in the Netherlands East

credit of £10,000,000,

buyings caused further apprecia-Indies, where there are 1,200,000 12 ct. Events automatically stimulation of Chinese band quotations. Chinese: An investigation into the ed the interest of speculative mi The position of the market today market conditions there has just vestors who were looking for lower is quiet and transactions are small been completed by Mr. H. Tsai, quotation bonds and buying orders but the tendency is still firm-General Manager of the Mayar Silk

Mills, Ltd. reached brokers from China, the (Central News)."

www

N. C. & 2. Banks...

Insurances

***

Canton InsurKNESS.......

$210

Union InsuTENCER....

8405

$1

Underwriters

80 ct.

H.K. Fires...

#165

Shipping

$135 Douglases

811 Steamboats

8100 Indo-Chinas (Prof.).

Indo-Chinas (Def.)

Shelli

W&torboats

$80

46/3

$7

Docks, Wharves.

Godowns, etc.

H.K&E. Wharves

3954

Providents

85.65 $80

H.K, Docks (Old).... | #18.38 $19

#136

$100

$100

48/3

87

$36

struc-

25.85

3181

$19

$18

#18.10 H.K. Docks (Ne) $37.86 #36+Shanghai Doeka.......

$36

Mining

16/3

201 Rauba

$7ł

At the rate of one tenth of a not seriously impair soll cent assessment it is estimated ture. If at all. Which side is right

be determined from this, that S$574,000 can be raised from cannot the estates and, if the government distance. One authority has dis- contributes an equal amount, over posed of the whole question in a S$1,000,000 would be available as few terse words: "An assured food grants to estates, prepared to turn supply in the next twelve months over portions of their land for is much more important than the food production.

rubber crop of 1950."

FARMERS

I

AMERICA'S LOANS TO KWANGS! CRABMEAT INDUSTRY

A hing expedition for Aluska King Crabs, sponsored by the Federal Government, will return to Seattle this month after three months in Alaskan waters.

The expedition as authorised by Congress for scientific, expert mental and commercial purposes and was made possible by an ap- propriation, of 100,000 dollars which

#31

$3.55

For the purpose of granting credit loans to farmers in south- ern Kwanzsi in order to help re habilitate the area, the Kwangs: Frovincial Government has order- ed the Provincial Bank to an overdraft of $1,000,000 to Provincial Co-operative Treasury. $18.40

Central News).

make the

Winter Cultivation

In Fukien

ukar

Cultiva

Congress incidentally expects to Satisfactory results nave be refunded by public sales of the achieved in the Winter delicacy

tion Campaign in Fukien launched The expedition, accompanied by last year. scientists and economists operated According to reports received in from the cannery ship "Tondeleyo" Yintan trom various parts of the and the fishing boat "Dorothy," province," the total area of land south of the Aleutian Islands. Its under cultivation bus reached purpose is to encourage the deve-18,000,000 mow, exceeding the url- lopment of an American Crabmeat Final expectation by 3,000.008 Industry in order that the United mow--Central New.). States may become self-sufficient

in that line.

LARGE SCALE

The United States has been im. have been unsuccessful This was porting virtually all its crabmeat apparently due to lack of informa- from Japan

who has developed tion concerning not only the big- areas but also the large scale.gest fishing this industry on a

Imports, moreover, absorbed al-packing technique. most half of Japan's total exports

This led Congress to undertake

of crabmeat. The United States a careful investigation into tech- bought from

Japan

::

189

$401

840

$95}

::

$18 40

Public Utilities

$3.00

$3.55

$34

$62

set

13:

IR.

16/3 Kailans.

1 cts. Hong Kong Mines..... Lands, Hotels and Buildings

H.K. & Folela......

$34.60 H.K. Lands.....

1100 Do. 4% Debentures... $14.70 Shanghai - Landa.....

$3.85K. Realtice.

27.85 (1umphreys ...... $98

Chinese Estates.

Cotton Minis

$51. Ewo (8.)

$205liai Cottons (8.)..

Zoong Sings (S.)......

Wing On Textiles (8.)

H.K. Tramways........ $18.20] $181

Pack Trams fold).... $7.40

Peak Trams (DOW).......

Star Ferries......... $24)- Y'mati Ferrim.......................... | 824) Rts 16.20 Chine Lights (0).....

China Lights (New)..

H. K. Electrice (Old)... 40

H.K. Electrica (New)., 130) Macao Electrics (Old

$16Macao Electrica ́(New) $11 Sandakan Light..... Telephones (old).....

$10.20 Talaphones (new)

S'pore Tractions (Ord.) Industriala

$30 Cald., Marg (Ord.) 8

Cald., Mang (Pref.)8

#1 Canton Ice.--------- ...

Cements

H.K. Ropes

H.K. Goy" Loans

897 4% Loan.

802 31%

$321 31%

(1934) (1940). Miscellaneous

$19.20 Dairy Farms.............

Entertainment Constructions (old).. Constructions (newja

$25.35

$407

$18818.20 $18.209

$8.16 $8.35 $8.35

**

#7

$1.00

#1:

8171

144

$514

$200

$135

$101

PRE-PAID ADVERTISEMENTS.

The following classes of advertisemente 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 Bate of $1.50 for THREE INSERTIONS. If Charges collected, $2.00.

WANTED TO BUY

HOTELS

FOR JADED APPETITES!

33237 25827

TEA DANCE DAILY

42/47 Ch. 0.5% 1925G$Eda Вар

S'hai Wing Up ...............

7/8 Maramans Îny. (Lop

·· 2/6] | Marsulans Jav. (H.K.

$100 W

Chinn Lights(Rights) 95 cts,

+Bala to Shanghai

$100

WE PAY HIGH PRICES for all Jade, gold and silver articles diamonds, jewels, watches, foun-

$3.45 tain pens. Apply Far East Dia- $7.95 mond

and Gold Redning Co. Room 821, China Bullding, 8th floor.

WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels. Apply China Gold Refining Co. Pedder Building, and floor. Room 6.-

WE OFFER HIGH PRICES for

any amount of gold articles. diamonds, silver, etc. No holidays. Apply China Building, ish floor. Tel. 30727. Eurasia Gold Redning Co.

WANTED KNOWN

Why not learn all the Fancy Latest Stitches for your dresses

75 ats, and Sweaters.

JOIN THE KNITTING CLASS AT $3.00 per month (Tvice a week lesson). Please apply to Box No, 654 c/o H.KD.P.

ORDERS TAKEN for hand-made sweaters, Ladies' jumpers, Babies' outfits, etc., at $5.00 each for $1.65 workmanship.

48.

Wool and model desired, to be supplied by customer.

Send particulars of address, etc., to Box 502, H.K.D.P.

Experienced Book-keeper Wants Students to form a class. Quaran- tce students to keep a whole set of books after completion of a course $1.90 of 8 months, For Term and Par- tienjara. Please Apply to:-Box

fo HKD.P. N 462

REAL RUSSIAN FOOD

Tiffin $1.00 Dinner $1.25

METROPOLE HOTEL

TOMINFAI

PACKING CONTRACTOR Any Kind Of Packing Promptly EXECUTED GUARANTEES TO SHIP" TO ALL FARTS OF THE WORLD

TELEPHONE

YING LEE CO. BEST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAL

ENGRAVERS

-FEI FEI & CO. Photo Engraverė 18, Cochrane Street. Telephone No. 22224,

AUCTIONEERS

GREATEST COLLECHON OF BARGAINS IN TOWN!

LAMMERT'S AUCHON ROOM

Ral date!

EXCEPT MONDAYS

5 to 7.30 PM.

Jimmy's

TAILOR

LAM SHIU SHEK 334, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery 1 suit in 24 hours notice ind 6 hours for a pair of trousers.

Help your Friend and his Hobby by giving POSTAGE STAMPS

for

his collection

and

SEEDS FOR HIS GARDEN

We can supply the goods, of his and your want

GRACA & CO. Dealers in Postage Stamps, Garden Beeds, etc. etc. 10. Wyndham Street Established 1896

Hongkong

$75

4

:

$19

Bi

97

$92

39

Ja

#111

811 05 #11

$2.16 Sinceres

Lane Crawforda... Nanyang Tobacco.............

$7*

$3

Watsons

$11

35%

$30

$14

3,767,600nological, economic and biologicaf dollars worth of.crabmeat In 1939 factors relating to all phases of and 3,106,647 worth In the first the industry, from the actual nine months of 1940,

catching of the crustacean to the Total United States Imports last shipping of cans. Further opera- Year amounted to 4,582,103-dollars, tions are to be conducted by the, most of the remainder coming from expedition in the Spring. They the Boviet Union.

will probably be centred north Several attempts by the U.S.Aut the Aleutians, in the Behring 95 eta. to develop the crabmeat industry Sea,

$7.70

1.K. Wing On

Vibro Piling ....

Powell

آباد