1941-02-05 — Page 9

HONGKONG DAILY PRESS

World Wheat Situation

Recent developments in the Southern Hemisphere have caused little change in the world supply of wheat for the current season. Prospects in Argentina have greatly improved, the first official esti- mate placing the outturn, at nearly 300 million bushels, as compared of 220 million with 119 million in 1939/40. and a five-year average

Was bushels. The Australian crop, on the other hand,

3 partial failure, the first official estimate being only 92 million bushels against 210 million last season and a five-year average of 159 mil- Ilon bushels

The total world crop is ești-alone. The physical difficulty of mated

4,100 handling and storing such a huge at approximately bushels, 175 million less quantity presents a major problem million than in 1939/40, but this decrease in itself but what of the ultimate is "offset by the larger carry-over, sale and disposition of this wheat? total supplies amounting to 5,515

WEEKLY SHIPMENTS million bushels.

FINANCE & GENERAL

Finance and Commerce

H.K. STOCK EXCHANGE

No interest was shown in the market.

..BUYERS

Bank of East Asia, $76. Canton Ins., $210. Union Ins., $410. HK Fire Ins., $165. Lights (0), $6.10. Entertainments, $7.

SELLERS

Providents, $5.75. Hotels, $3.60.

Trams, $18.40. Star Ferries, $32. Lights (O), $6.30. Mectrics (O). $40.75. Ropes, $9.25.

SALES

H.K. Fire Ins.. $167.50.

The Dominion Minister of Agri- The Canadian crop, according to culture stated that he expected the second official estimate. domestic requirements to rise to amounts to 547 million bushels, 160 million bushels in view of the second only to the all-time record increased number of hogs being of 567 million bushels harvested in raised on Canadian farms to meet 1928; and, considerably larger than the weekly shipments of Canadian the 490 million bushel crop of 1939 bacon guaranteed to Great Britain which has now been relegated from under the agreement recently con- second to third position. The carry-summated. A considerable proper- over from last season. established tion of, this increase is in the a new high at 301 million bushels Prairie Provinces which have thus so that Canada's total wheat sup achieved almost equal importance, plies this season approach 850 mil-with the older provinces of On- lion bushels-nearly twice the

tario and Quebec. Other authori- storage capacity of our elevator ties expect little change from the normaal domestic disappearance of about 125 million bushels. This To meet this situation additional latter assumption leaves 725 mil- space is being hastily added to ex-lon bushels still available for ex- isting elevators: deliveries are be-port and carry-over at the end ing regulated by a quota system of the season, July 31, 1941. under the Canadian Wheat Board

Export outlets have been severe- in order to give all farmers any restricted by the German oc- opportunity to market part of their cupation of continental Europe. crop. The minimum allowed was Great Britain, Spain. Portugal and first set at five bushels per seeded Greece constitute the only markets acre, Later this was. raised to in Europe remaining open to Cana- eight, then to ten and now stands dlan wheat at the present time. at twelve bushels. In more favour- Markets in the Western Hemts- ed sections where storage facilities phere and Asia are still open but Raub Australian Gold Mining Co.,

system

QUOTA SYSTEM

HONGKONG

SHAREBROKERS'

ASSOCIATION Volume of Business Transacted on Tuesday, Feb. 4, 1941. SALES

......... 200 $18.00 H.K. Tramways

The total value is $3,600.00.

RAUB AUSTRALIAN GOLD MINING The Hongkong Stock Exchange a cable from yesterday received

PROSPERITY

: OF IRAQ

Refineries Set New Record

Canadas petroleum refining in- austry hit a

Daw

LONDON, Feb, 4 (British Wire less-The extent to which Iraq's trade and prosperity is bound up with Britain and dependent on

high in 1939, British sea control and friendliness when the output reached a value is revealed by trade figures for home of $103,494,238 compared with $98,121,611 in 1998 and $98.384,180 months ended September 30, 1940.

During that period. Iraq's exports in 1999, the previous scord year. increased by 106,500 dinars on the During 1939- Canadian refineries. corresponding period of 1939 to operated at about 61 per cent of 2.145,000 dinars and the increase is capacity handling 1,307,704,411 mainly due to British purchases. gallons of imported crude oil and Indeed, 75 per cent, of Iraq's ex 282.198,884 gallons of crude oil, port trade depends on the British naphtha and absorption gasoline Navy, that proportion of total ex-from Canadian wells, ports being taken by the two great English speaking democracies Britain including empire and dom inions, and the U.S.A.

Refinery production of gasoline in Canada during 1939, amounted to 740,563,610 gallons valued at {$64,491,018. "The gallonage made was the greatest on record. Ab- Japan 3 50 on the list of buyers sorption plants in Alberta furnish- ed 10,479,315 gallons of natural gasoline.

from Iraq. "

WEDNESDAY, FEBRUARY 5, 1941.-PAGE

No sleep last night?

TRY

"BLACK & WHITE"

NO TWO WAYS ABOUT IT, IT'S THE SCOTCH.

"LONDON

STOCK

EXCHANGE

4 LONDON, Feb.

(Reuter)

yesterday Stock Exchange

CEREAL RUST STUDY

In recent years Canadian agri- cultural scientists specializing in

Imports of gasoline amounted to U.S. TO CONSTRUCT 109,021,177 gallons, which added to of 740,563,619, less 200 MERCHANTMEN production

the increase in refinery stocks of WASHINGTON, Feb. 4 (Reuter) 31,853,163 and less exports „01 | The Senate "yesterday passed a 3,443,416, made an apparent Cana- Fill providing for the construc-dian consumption for the year of The tion of 200 merhcant ships for 814,188,217 gallons. Sales as rewas quietly frm apart from gilt

securities and. Indian plant breeding, with the assistance which President Roosevelt recent-ported to the provincial govern-edged

of those dealing with plant patho- the ments under the gasoline tax acts stocks, which eased in

logy. have produced new high- The Billas already been pass-amounted to 807,666.298 gallons, dealings.

of Representa- ed by the House

FUEL AND GAS OILS

A good demand for home rails yielding, rust-resisting varieties of while cereals, and are continually sear- feature tives.

Production in Canadian re-

higher quality.

ly asked Congress.

י

was

the

chter

late

have not been so congested, larger the international trade in wheat. in code and in translating same It gress. President Roosevelt asked fineries of fuel and gas olls (ex. Kafrirs were firmly held despite ching for resistant varieties of still

as follows:"Report

quotas, up to twenty bushels per during the 1940/41 season is plac- reads

ed by the Broomhall organization Ounces Fine 1,509,"

acre, have been allowed.

While the Government has stat at only 440 mililon bushels. The ed that it will accept full, delivery total last season was approximate- of the 1940 crop before the end

of the ourrent season, large quan- titles will remain In

farmers'

ly 600 million bushels.

SOVIET-JAPANESE nands over the winter months and measures are being taken to pro- FISHERIES PACT tect this grain against damage

MOSCOW. Feb. 4 (Reuter) from frost and wet weather. Far- mers will be allowed the full fees Steps towards settlement of usually paid elevator companies longstanding

the Russso-Japanese | for grain held by them awaiting dispute are taken by the appoint- storage accommodation.

ment of the joint Soviet Japanese The record carry-over and the Commission consisting of 10 mem atmost record new crop together bers to negotiate the long-term constituite

total-Asheries convention. ! nearly 850 million bushels of wheat The conversations аге expect~ for disposal this season in Canada'ed to begin here shortly.

pyramidle a

FRENCH

NO SLACKNESS IN NEW ARMY: THEIR CHANCE WILL COME

NEW YORK, Jan. 19.-The slackness which contributed to the fall of France is lacking in the new French Army, writes Steven Fulton. in the Manila Bulletin.

The soldiers of this new army, limited to 100,000 by the armistice with Germany, have a look in their eye, a tilt to their chins. a lift of the shoulders which seems to say: "Our chance will come."

In a recent message to Con-

568

for $313,000,000 to cover the

cost

of construction of these ships.

HONGKONG SHARE QUOTATIONS

ASSOCIATION

STOCK EXCHANGE,

SHAR BROKERS'

Boyars

Sellers Salor Nomical

TUESDAY

Водет

Ballart

4 FI B.

Banks

$1410 HK. Banks

£85

Do. (Col. Rag.)......

281

Do. (Lon. Reg.) ....

£81

Chartered Banks

P$3

Marcantile Bk. "A".

£11

Mercantile ka. "C".

Bank of East Asia.....

N. C. & 8. Banka..... Insurances

10 ch.

$70

1210

$410

$106

::

15

the

Word definitely is

$17

It is, indeed. a new army, albeit which its soldiers served in the old. "snappy." General, Charles Huntziger organis- The Germans turned France's ed it months ago under the terms military training schools into civi- of an armistice miting French lan schools. Training of officers arms in numerically the same way is forbidden. (The Ecole Polytech- "German arms were limited in 1918, nique, which used to train army

NOT FINAL

engineers, now trains civilian en- Discipline, snap, pride-lacking gineers. The Ecole Centrale was armies which fied before similarly reorganised and St. Cyr. the German advance-stand out the French West Point, is closed. all over the soldiers of defeated The Ecole Navale, counterpart France. These soldiers do not of Annapolls, which once trained accept France's defeat as final. the French navy's officers, now When their officers pass, these equips civilians for the "merchant soldlers jump to attention and marine.

to these present arms

But the boys who go as pridefully as they had just conquered the schools are not civilians, at heart. France still has a score to settle.

In the

world.

The same thing is true of FrenchThey hope to have a sailors France, unlike the Ger-setting it.

many of 1918, still bas a navy. Its okicers and men seem to have learned, something from defeat. They have a grip on themselves. They still think in terms of fight- ing and winning.

:::

$3,60

$34.36

$100

31

Cautoo Insurances.....

Union Insurances.... $4RD

Underwriters.............

H.K. Fires.

Shipping

$135 Douglases

$11 Steamboats

$100 Indo-Chinas (Prof.)..

$80 Indo-China (Def.)

44/41 Shells

$7

Waterboats

Docks, Wharves,

Godowns, etc.

H.K. & K. Wharves..

$16 FL.K. Docks (Old)....

H.K. Docks (Now).....

#35+Bhangbai Docks.......

Mining

4

Kailan.....

$8 Baubs

1 cta. Hong Kong Mines......

Lands. Hotels and

$98

Providents

18/0

.:

#

Somm

the Johannesburg incidents,

Diamonds and olls improved as also did Japanese bonds,

Wall Street was irregular..

"

cluding any made and used for

The two outstanding features of cracking purposes) totalled 582.-

the cereal-breeding work conduct- ed by the Dominion Department of 705,683 gallons of which 521,232,- 546 gallons were made for sale

Agriculture are the contribution of and 61,473,137, gallons for use.in

genetics in gulding plant breeders the producing plants. Imports

Newsprint production In Canada in the production of. varieties with aggregated 59,960,460 gallons and during the first nine months of the required characteristics, and the discovery by plant pathologists exports amounted to 2.879,286 1940 totalled 2,573,606 tons com- gallons.

pared with 2,058,899 tons in the of nearly 150 of the races of stem Refinery stocks at the

rust. corresponding period of 1939, an the year amounted to 75.240.018 increase of 25 per cent.

end cf

gallons, about 7.500.000 gallons lees $1406 than in 1938. The apparent con-

rk

£85

£81

£23 £111

4

BL

Some are regional in distribu- tlon, some injure "wheat varities more than others and some occur

in one season and not in others. are discovered from

sumption in Canada as calculated from these figures was 847,298.402 Ing plants totalled 25,017,072 gal-New races

lons, while the apparent consump gallons.

The output of tractor and en- tion. amounted to 43,279,063 gal- 276 gine distillates

1210

80 ct.

$165

$136

$8h

8100

$100

44/4h

$7

$98

#171

$17

$35

18/0 $72

Buildings

H.K. & 8. Hotels.................] 834 R.K. Lands........

$3.60

4+

$34

Do. 4% Debentures....

$100

$13.60 Shanghai Lands........

$3.85 H.K. Realties..

$7.95 Humphreys

108

Chinese Estates.

Cotton Mills

$50 Ewo (8.)......

$200 B'hai Cottons (B.)...

Zoong Sings (8.)

was 33,620,396 lons.

time to time.

It has been necessary therefore

to study the characteristics of gallons in 1939, and the apparent Lubricating greases totalling these races of rust and to breed | Canadian consumption was 38,024,13,141,616 pounds, were produced as varieties of

wheat resistant to

386 gallons. Lubricating ous pro-against an apparent consumption all the races that might affect the duced both in refineries and blend- of 20,861,063 pounds.

crops in the area concerned.

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 beading at a Pre-paid

Rate of $1.50 for THREE INSERTIONS.

If Charges collected, $2.00.

WANTED TO BUY

WE OFFER HIGH PRICES for articles. amount of any

gold diamonds, silver, lewels, etc. No holidays. Apply China Building. $3.85

Tel. 30727. Eurasia Gold $7.95 7th floor.

Refining Co.

€50 $205

Wing On Textiles (8.;}

Public Utilities

part in

$18.40

H.K. Tramways........

$18,35

$71

Peak Trams (old)....$7.40

$31

Peak Trams (new)... | $3.50

$82

$8.10 $6.30

840) $30

Star Ferries.............

$80

$24)

'mati Forrice.................

$24Į

China Lights (0)..............

$6,30

$1.87 China Lights (New)...

$1.95

H. K. Electrics (01) $40)

$401

Canadian Overseas

-Corps

OTTAWA, Feb. 4 (Reuter) -

The Canadian

Over

DROOPINESS GONE # When General Huntziger took spend

Government will $100,000,000 during

over the war office from General the 1941-42 fiscal year to form Maxime Weygand and the assem- and equip an armoured division bled troops presented arma to and tank brigade to reinforce the their new leader, a visitor ignorant "anadian Corps overseas.

of the immediate past might have! This was announced by Colonel thought he was witnessing a re- J, L, Ralston. Minister of National view of victorious troops.

Detence, at

Arrayed in a semi-circle around yesterday, the chief were 100 sidecars mount-

ed with small anti-aircraft guns bearing so high a polish that the autumn sunshine was reflected. blindingly from their barrels.

2

press

conference

Prohibits Making

Of Firearms

The Kwangtung Provincia; Gov-

The men, white-glued, their uniforms spotless, faced their new ernment has issued a circular order commander with visages stern and prohibiting manufacture of fire- determined. The traditional arms without authorisation, droopinesss of the French soldier

Reports have been received by the provincial government that was gone,'

Similarly the national gendar- there have been many cases of merle has become infected by the secret, manufacture of firearms in new spirit apparent in the. other Kochow and thereabouts.--(Cen- armed forces.

tral News).

NOW THEY MARCH'. French gendarmes used to slink;

Building permits issued 16 204 "now they march, like soldlers, municipalities in Canada during Replacing the old sloppy garb are the first ten months at 1940 new blue and black uniforms for amounted to $93.877,588,

234

H. K. Metrics New)

$17Macao Electrics (Old))

#16 Macao Electrics (New)

#11Sandakan Lighta.

$25

Telephones (old)......)

#10.20 Telephones · (new)........

S'pore Tractions (Ord.))

Industrials

Cald., Macg. (Ord) B.; Cald, Macg. (Prof.)8

$1 Canton Ices..

Cements H.K. Ropes

$30 .325

:::

#201

HOTELS

FOR JADED APPETITES:

Tiffin $1.00

33237

25827

TEA DANCE

DAILY

WE PAY HIGH PRICES for all Jade, $125 gold and silver articles.

diamonds, Jewels, watches, foun tain pens. Apply Far East Dia-

and mond

Gold Refining Co. Room 821, China Building, 6th floor.

$10

WANTED KNOWN

Why not learn all the Pancy latest Stitches for your dresses and Sweaters.

JOIN THE KNITTING CLASS AT $3.00 per month (T vice a week lesson). Please apply to Box No. 76 at 654 c/o HK.DP.

$18

819.20

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

Wool and model desired, to be $1.65 supplied by customer.

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

Experienced Book-keeper Wants Students to form a class. Guaran- tee students to keep a whole set of books after completion of a course

REAL RUSSIAN FOOD

•

Dinner $1.25

METROPOLE HOTEL

TOMINFAI

PACKING CONTRACTOR

Any Kind Of Packing Promptly

EXECUTED

GUARANTEES TO SHIP TO ALL PARTS OF THE WORLD

TELEPHONE

YING LEE CO.

REST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAL

ENGRAVERS

FEI FEI & CO. Photo Engravers:

18, Cochrane Street, Telephone No. 22224,

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN!

LAMMFIT'S AUCTION ROUM

$1.90 of 6 months. For Term and Par-ammers, Brother, d. C. dag, la

ticulara.

Please Apply to:-Bax 3482 s/g H.K.D.P.

Kod Coutu

To Lopling · NG BREA

EXCEPT MONDAYS 5 to 7.30 PM.

Jimmy's

TAILOR

LAM SHIU SHEK 334, Nathan Bad,

Kowloon, Tel, 57712. Guaranteed delivery 1 sult

in 24 hours notice and 6 hours for a pair of trousers.

For Sale

Hong Kong Centenary Envelopes

With Views of Hongkong in

1841 and 1941

for

First Day Issue of

"Centenary Stamps

at $1.00 per day. EnvelopeS

GRACA & Co. Dealers in Postage Stamps, Garden Beeda, Picture Books, etc. No: 10 Wyndham Street. Established 1896.

Hongkong

$18

$91

$8.80 $9.25

ILK, GOTL Loans

$954 4% Loan

98*1.

$92 31%

(1834), (1940)

$92k

TH

$7

$1.00

#1

$71

י

H

$92 31%

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

Enterisinments

Construction (old)..

Constructions (row)...

Lane Crawfords...

Nanyang Tobacco.....

32.15 Sinceres

$11.10) Watsons

42/47 | Ch. 0.5% 19250 Bds

..

:::

$7

$2.30

字

$11.10

35°

$39

$14

$39

H.K. Wing On

REN

B'hni Wing On

á

47.70 Vibra Piling

7/0

2/6

Karamans Inv. (Lon. Maramane iny. (H.K.)

MAR

$1.90 Wm. Powells........

China Lights(Rights)

+Bale to Shanghai