1941-02-21 — Page 11

HONGKONG DAILY,

PRESS

THE WHEAT PROBLEM OF CANADA

The problem presented by the situation which has arisen with regard to wheat, constitutes one of the major domestie questions' confronting Canada today. On its successful solution Sur- rest the future and prosperity of our Western provinces. gestions have been made involving very drastic restriction in In 1940, a record the acreage to be sown to wheat this spring.

area of 28,728.000 acres was sown, au increase of nearly 2 million acres over the 1983 total due to the anticipation of greatly en- hanced demand as a result of the war. did not materiálise

This, unfortunately,

FINANCE & GENERAL

Finance and Commerce

LIQUID GOLD

INDUSTRIAL

DOWN SINK TOUR OF CHINA'S Bankruptcy Court statement, HINTERLAND.

that more than £2,000 worth or quld, gold was lost down a sink was mentioned at Coventry when Willam Neal, 49, of Hearsail-jabe.

In any such scheme, une pourer twice the estimated requirements Coventry, was committed for trial land is naturally withdrawn, first for

and result in

1941/42. Intelligent

the cultivated area,

AI

....

SCRAP METAL

H.K. STOCK EXCHANGE

The market remains quiet and featureless.

BUYEKS

H.K. Govt. 34% Loan (1934), 94 HK. Fire Ins., $170. · Providents, $5.75

Lands 4% Debentures, $97,50 Lights (0), $8.

SELLERS

HK, Govt, 31% Loan, (1994), 95 A.K. Steamboats, $9 Hotels, $3.60.

Realties, $350, Trams, $17.75. Lights (O), $6.20" SALES

Providents, $5.75, Lands, $34. Trams, $17.50 Mectrics (O), $39.29. Electrics (N), $38.75.

HONGKONG

SHAREBROKERS'

ASSOCIATION

CHUNGKING, Feb. 2u (Central) -Mr. Aw Boon-haw, overseas Chinese industrial magnate from Singapore, Mr. L Sing-kul, well- known Chinese leader in Hong- farm accused of five offences under the kong and several other overseas so that, other things being equal operation requires that a certain Bankruptcy Acts,

Chinese leaders are coming. to One charge alleged that after Chungking shortly to investigate the decline in production is much portion of

condition in the in- less than the reduction in acreage. generally from one-third to one-the presentation of a bankruptcy industrial

Such petition he attempted to account terior. Some place the optimum reduction hall, should be left fallow.

The Commission on Overseas at, about one-third, to approxi-practice should be encouraged for for part or his property by ficti mately 20 million acres Even if the coming season and farmers tious loss: another that he filled Affairs, the Ministry of Sociál the Chungking Muri-. the spring season should be most wheat deliveries might be limited to file a satisfactory account of Welfare. unfavourable

to the yield of one-half of their the manner in which the loss of cipal Government and other gov- between £2,000 and £2,500 worthernment organisations concerned general crop fallure, the large total cultivated are.

or gold had been incurred.

are making preparations to wel- stocks carried over would be more Complete data as to 1940 acreage

Neal pleaded not gulity and ra- come them. than sufficient to meet any possi-is available to the Wheat. Board

served his defence. He was allow- ble demand during the forthcom through the permits required fored ball in £25.

the 1940/41. wheat season, Ing crop year,

Mr. G. J Ball. prosecuting, said The larger numbers of animals

coupled with information as to

that Neal was a watch casemaker CHUNGKING, Feb. 20 (Central) or Canadian farms naturally re- total wheat requirements, a basis until 1931, He then became

an The Executive Tuan meeting quire increased quantities of feed could be arranged for 1941/42 de omnibus proprietor, and was also yesterday approved of the draft and this situation warrants the liveries: Such a progaamme, while

a laundry business regulations governing the disposal partier in considerably "larger casing the immediate pressure of Later he became a gold refiner, of scrap metal. areas to coarse grains. Some of

storage and related problems. bullion dealer and Jewelle. In the acreage withdrawn from wheat might entail far-reaching tinan-July, 1939, when he was adjudi- the loss of gold in schution to the

well be diverted to

cial repercussione sa that musl

of cated bankrupt, his gross liabilities value

between £2,000 and careful study and consideration of were £18214 and is assets, £136 22.500 by stating that the glass COMPULSORY PLANS

the whole Western farm economy | 153

container was broken as he moved Chins Providents. Plans for compulsory acreage is required

"STAFF OF ONE BOY it from a shelf, and the contents HK. Electrics (0) reduction in other countries with

WAR PROBLEM

Els bullion account showed purwent into the workshop sink and compensation to farmers for with-

been chases cf gold worth £140,748 and down a drain. holding their land from prom

The wheat problem has

A chemist gave evidence that H.K. Tramways" tion have had bus indifferent suc-intensified "by war conditions and his sales of refined gold to the

part of the value of £136,009," added Mr. Bal the, quantity of gold in solution H.K. Lands CESS. The

Canada 'has become. in fact, policy for

of This business was started without to represent, such a value would should be the subject of careful war problem. Large reserves.

"staff can weigh about 1001b, and &# 01- study so that the reduction may food supplies are vital to the suc- capital, and with a

unable dinary person would be be secured. not through expensive cessful prosecution of a war and sisting of one bov.

During his examination at the to carry it in any ordinary con- and wasteful bonuses to keep the what more convenient form can be

such reserves than out of found for

Bankruptcy Court Neal explained tainer. best, low-cost wheat land production but through the return wheat? While present supplies of of extensive areas of marginal wheat may be embarrassing.

Sowing

might

بادله

of

Such

land to pasture and range under abundance, even a superabundance HONGKONG

the possible aeg's, for example. of of wheat must be a great reassur-

holders when they are | STOCK EXCHANGE, the Dominion Government's Prairie ance to

world actively participating in a Farm Rehabilitation programme.

the Prodable exports in

crop war of such grim ruthlessness as Canada has had two year 1941/42 have been placed at the present.

bushels large wheat, crops in successive trom 140 to 175 million

and domestic requirements at 125 years: a third miay follow in view million, a total of 300 million of the present favourable moisture bushels. Canada's wheat acreage situation but there is no assurance

succes-

is quite capable under extremely that we may not have à favourable conditions of producing ston of poor ones, or even a crop

or fallure as in 1937, a crop of 500 million bushels

HARVEST

PROSPECTS

'Berart Sellers

Balos

Nominal

+

870

"

C

SHARE QUOTATIONS

SHAREBROKERS ASSOCIATION

THURSDAY

20 FFB. Banks. $1400 H.K. Banks .....

Do. Col. Beg.)....

Buyer

Bellere

Saire Nomina

ון

Volume of Business Transicted on Thursday, Feb. 20, 1941.

FRIDAY, FEBRUARY

SAY

21, 1941: -PAGE 111-

Gordon's

...and know what you're drinking/

GORDONS DRY GIN

DISTILLERY LONDON.

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

U.S., British Exodus From Shanghai

Landon, Feb. 19 (Reuter)}, CHUNGKING, Feb. 20 (Central) Cash, Middle-A President Uner which is sche-

SALES

LONDON METALS

750 $5.75

EXCHANGE

200 39.25

50

39.00

H.K. Electrics (N)

125

36.75 i Tin. Standard,

100

17.50 Price, £271-5/8.

100

1,325.

The total value is $24,081,25.

duled to arrive in Shanghai and

33.75 Tin, Standard. 3 months, Middle carry, American

Industrial Projects Under Study

2

Price £268-3/8.

Market strong.

LONDON GOLD

London, Feb. 19 (Reuter). Bar Gold, Fine per oz. 168/-

-

evacuees back to the United States is fully booked, according to a Shanghat dispatch." Freparations for the evacuation of British from Shanghai are also under way. Between 500 and 600 British evacuees are understood to be arriving to Shanghai from Pei- ping and Tientsin en route back to England.

CHUNGKING, Feb. 20 (Central)

VICHY TRIAL -The National Government Mas appropriated $100,000 {Chinese LONDON, Feb. 20 (Reuter} WASHINGTON, Feb. 20 (Reuter) - currency to the Industrial Pro- The big trial of the officers. who-The new United States 35,000- jects Research Committee under have joined the De Gaulle's move-ton battleship, Washington, will be the Chinese Engineers Society ment is to begin on Feb. 25 at commissioned on May 15, aix which is studying ways and means Gannat, 10 miles west Vichy, months ahead of schedule, the

to to enforce the industrial projects states a Vichy despatch the Navy Department announces.

The Washington's main arma- laid down by the late Dr. Sun Yat-official German news agency,

of the

of nine 16-inch openment consists

1

$1350 C.D.

£77

£73

£

£23

sen, Fathei

£11

public.

+

X.D.

£77

£79

FJ

Do. (Lon. Reg.)

£71

Chartered Banks

£23

Mercantile Bk. "A".

£11

Mercantile Eks. "O"".

Bank of East Asia......

$76

N. C. & S. Banks.....

Insurances

15 ct.

2411

$1

$170

$135 Douglases

$9

$215 Canton Insurances...... Union InsTRACES.......

Underwriters

H.K. Fire............................

Shipping

Steamboate

$100 Tndo-Chinas (Prof.)...

260 Indo-Chinas (Def.)

40/0

Shells

Waterbonta

Docks, Wharves.

Godowns, etc.

H.K. & K. Wharves.

Providente.......**

817.80, H.K. Dorks (Old)...

$7

I

Sp8

$54

$57

$17

528

Mining

18/0

Kailans

28

H.K. Docks (New)..

+8hanghai Docks......

Raabs!....

1 cte. Hong Kong Mines.

Lands, Hotels and Buildings

1

#

1

+

$17.80

$5,75

#215

of

Chinese Re-

not be Proceedings will to the public.

8412

80 ct

$170

$125

892

$100

HOUSES AND APARTMENTS WANTED.

$80

40/0

$7

$98

$17 $274

18/0 58

guns.

",

PRE-PAID ADVERTISEMENTS.

The following classes' of advertisements are charged at the price given below:- SITUATIONS VACANT.

HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS.

Announcements not exceeding 26 Words are inserted under this heading at a Pre-paid

Rate of $1.50 for THREE INSERTIONS.

If Charges collected, $2.00.

WANTED TO BUY

HOTELS

WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds and jewels. Apply China Gold "Refining Co. Pedder Building, 2nd Boor, Room 6.

FOR JADED APPETITES!

REAL RUSSIAN FOOD

Tiffin $1,20

•

Dinner $1.50

METROPOLE HOTEL

TEA DANCE DAILY

EXCEPT MONDAYS

5 to 7.30 PM.

GOOD THIS

YEAR ·

Canadian Mineral Production

Mineral production in Canada record during 1939 reached the

Prospects for the 1941 harvest value of $474.602.059 as against

Increases

of winter crops as well as spring $441,623,237 in 1938, an increase of sowing are good, declared General 7.4 per cent. Marked Chen Chi-tang, minister of agri-were recorded by all major divi culture and forestry. The ministry sions of the industry, reflecting has developed a programme to la- general expansion in production crease this year's food production and the greatest advances in new in the interior

development experienced in recent Rainfall in the north-western years. The value of metals and provinces after last August was metallic ores amounted to $343.- sufficient for the growth of wheat 506,123 as compared with $323.- which is there the most important,075,154 in 1938. staple food. A good harvest is virtually

The

in

were

Coal, crude petroleum and other assured: judging from fuels totalled $70.671,328 against reports received by the ministry 364.803.294: asbestos, gypsum and

to other sufficient rainfall

minerals industrial southwestern and Yangtze River valued at $25,061,849, an increase provinces and the reserve of war of $4,995.726, while clay products. cernent, stone and other structural on Szechwan farms promise good spring sowing. If no drought, materials totalled $35,362,759 com- occurs inis summer, 1941 will prepared with $33.878.666 in 1938. duce a bumper crap.

Gold production reached the all-

25

The ministry has submitted time peak of 5,094,378 fine ounces plan for increasing food produce valued at $184,115,951. The value tion. It calls for an expenditure of of Canada's entire mineral produc- $9,000,000. The Executive Yuan's

tion in 1922 totalled $184,297,242. plan towards this attitude favourable. Its detalled applica- tion will be discussed at the a- tional agriculture and forsetry conference to be held this spring In Chungking.

RICE AFFECTED

[

New output records in base metals were established in 1939 for copper, nickel and zinc, the combined values of which aggre- gated $111,855,184. Lead production totalled 388,589,550 pounds, valued at $12,313,768, The insuficient rainfall in 1940 The fuel industries were featur affected to some extent the rice ed in 1938 by a notable increase production in Szechwan although over the previous year in the pro- it did not result in famine. The auction of crude petroleum.. authorities are determined to give amounting to 7,826,301 barrels com- more attention to irrigation in pared with 6,006,084 barrels, Coal Szechwan. Besides repairing the production totalled 15,537,443 tons.. existing vast network of irrigation an increase to 8.7 per cent. The canals in the province, 14 new output of natural gas reached a canals. 130 reservoirs, and 1112 record total of 35,185,146,000 cubic water ponds were dug before last feet.

November. They

are served

yם

more than 30 pumping stations

and can water 445,000 mow.

Five canals and 500 ponda are ed. The additional yield will supply under construction. Completea, food for 1,000,000 people through- they will add another 112,000 mow out

the year. Moreover, the

of well watered land. Plans for 14 Szechwan agricultural authori- more canals, to water 450,000 mow ties are raising the production of or land, are under consideration corn. The province has more than by the engineers,

4,000,000 mow of kaollang farms: Winter crop prospects in Szech-when changed to corn, they will wan for this season are encourag-produce some 5,000,000 piculs. As ing. Compared with last year's com ripes 40-50 days earlier than cultivated acreage, an increase of kaoliang, the fields will sooner be 1,000,000 mow has been registar- free for other crops.cio)

#

*

1$3.60

II.K. & S. Hotels....

$3.80

$341.K. Landa.....

€34

#07

Do. 4% Debentures,

3972

#11.70 Shanghai Lande...

$3

H.K. Realties.

$3.60

$7.05 Humphreys......

$7.10

$98

Chinese Estates.......

Cotton Mills

$404 $205

$125

: :

$40 Ewo (9.) $205

S'bai Cutions (S.)...

Zoong Sing (S.).....

Wing On Textiles (8

Public Utilities

#174 8174

$78 Peak Trams (old)...

$34

Peak Trams (OW).....

$57

Star Ferries.......

$37

824

Y'mat! Ferries...

$241

86

$8.20

China Lights (O).....

36.10

$8.15

$381

$1.97 China Lights (New)..

K. K. Flectrics ("Old...

$1.65

#391

***

$59+

*******

$242

83911. 1. Kleetris New).. $17) Macao Electrics (Old) 818 Macao Electrics (New) 812 Bardakna Light......

Telephones (old)........ $10.20 Telephones (new)..... S'pore Tractions (Ord.) Industrials

+

H.K, Tramways....... 17.40 $17.65

$10.95 Watsons

42/47 Ch. G.5%, 18250$Bdr

B'hai Wing Us .....

$7.70Vibro Piliog

03 Marsmans Inv. (Lon," 3/8

Marsmans Int. (H.K.)

$1.00 Wm Powell...

China Lighta(Rights)

*Bale to Shangha

WE OFFER HIGH PRICES for

of

articles. gold any

amount diamonds, silver, jewels, etc. No holidays. Apply Chins Bullding. 7th floor. Tel. 30727. Eurasia Gold Refining Co...

WE PAY HIGH PRICES för all"

Jade $7.40 gold and silver articles. $34 diamonds, Jewels, watches, foun- tain pens. Apply Far East Dia- mond and

Co. Gold Refining Room 621, China Building, 6th floor.

$241 $101

W

WANTED KNOWN

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

JOIN THE KNITTING CLASS

AT $3.00 per month (Tvice a week 78 eta, lesson). Please apply to Box No.

** 654 c/o E.K.D.P.

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

Wool and mode desired, to be supplled by customer.

Bend particulars of address, etc.. to Box 502, HXD.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

"

PACKING CONTRACTOR

Any Kind of Articles will be Packed Carefully and Perfectly at Reasonable Charges Order will be Secured Promptly.

.TOMINFAI 'TELEPHONE 83237, 25827.

YING LEE CO.

FEST CAMPHORWOOD TRUNKS NO. 8, QUEEN'S ROAD EAST, WANCHAI.

LAM

TAILOR

SHIU SHEK 334, Nathan Road,

Kowloon, Tel. 57712. Guaranteed delivery 1 sult

in 24 hours notice and 6 hers

for a pair of trousers,

ENGRAVERS

FEI FEI & CO. Photo Engravers 18, Cochrane Street, Telephone No. 22224,"

AUCTIONEERS

GREATEST COLLECTION DI

BARGAINS IN TOWN!

LAMMERT'S AUCTION BOOM

$1.00 of 8 months. For Term and Par-Laundet, de 1,1

ticulars.

Flease Apply to:-Bar

No 482 m/c HKD.P.

Jimmy's

BUTTERİCK-

Expert Ladies Tailor

New Style Ready Made Dresses, Overcoats and Costumes FOR SALE.

16, Wyndham Strest. Tel. 23615

For Sale Hong Kong Centenary Envelopes

With Views of Hongkong ini

1841 and 1941

for

First Day Issue of

Centenary Stamps

at $1.00 per don. Envelopes

GRACA & CO.

Dealers in Postage Stamps, Garden Seeds, Picture Books, etc. No. 10 Wyndham Street.. Established 1890:

Hongkong.

830 Cald., Macg. (Ord.) B.

B7% Cald., Macg. (Fr.)8

.81

Canton Ice............

$174 Cements.

$17)

38.K. Rop

H.K. Govt. Loans

$97 4% Loan

$94+

8942

191% 31%

(1994). (1940) Miscellaneous

$19.20 Dairy Farm

#7 Entertainment

་་

81

901.

$95

$19

#7.10

$1.86

91

Constrictions (now)...

171

Lane Crawfords........ ........

42

#71

$2.15 Sinceres

Nanyang Tobacco......

$3.80

89.10

$10.95

35°/

$29

$14

11.80 Construction (old)..

$39

ELK. Wing On