1941-03-06 — Page 9

HONGKONG DAILY PRESS

COMPREHENSIVE SURVEY OF H.K. COAL TRADE

A very comprehensive survey of Hongkong's coal trade in 1940 is contained in a Report published by Messrs. K. B. Vaidya and Co.. of Nos. 12-14, Queen's Road Central.

Besides reviewing the local trade market, the Report embraces conditions in India, Netherlands East Indies, Shanghai, and Australia,

The local demand for coal, states; the latter in August, closing at the Report, began to decline with HK$36.17 and HK$28.80, respective- the fall of Canton and many im- ly..in December. porters, speculating on a revived

demand, were caught napping by the Evacuation order in July last. The result of the evacuation was to bring the price of Indian coal down to $40 per ton-or $15 lower than cost price-without attracting buyers.

Both the import and export trading in coal fell during the year the result of the blockade against Hongkong, and the dosare of the coastal ports.

ducts valued at about HK$23,305

Indian coal fluctuated between

HK$27.80 in January and HK$52.71 in July; while Japanese coal reachb ed the peak price in June (HK$54.- 89), after opening at HK$18.65 January.

tley.

GREAT INTEREST

FINANCE & GENERAL

Finance and Commerce

COAL IN THE

ANTARCTIC

DEVELOPMENT. OF

AVIATION

How aviation has evolved in a mere span of 50 years from a fantasy to a great and vital service in transportation and national de-

fence was interestingly sketched recently by Mr. F. F. Vaughan of

Huge Treasure” At Bottom Of World"

the Standard-Vacuum Oll Co. with especial emphasis on the part Washington-Down at the "bot-played in aviation research by the oil interests. tom of the world" in the vast. mysterious Antarctic Continent les

Development of finer gasoline has plusion for aircraft. Great deve-

of the century.

the

THURSDAY, MARCH 6, 1941.-PAGE 9

PABST

BLUE RIBBON BEER

From the Riviera to Singapore.. from Buenos Aires to Bombay.. in the smartest clubs, restaurants and bars as well as in the fine homes you'll and this world-favourite of beets?"

a huge treasure in coal and other been inseparable from the improve-lopments were made in France in minerals, awaiting the day when ment of aeroplane engines, Mr. the early years The Report then proceded to give man's ingenalty or necessity will Vaughan explained. To attain the while the first World War definite- detalled descriptions of the dif-lead him to exploit it, experts here present high standard of aviation ly established the place of the aero- efficiency, under extreme mechani-plane and greatly stimulated its ferent varieties of coal, and coal say

Members of the United States cal precision, a constantly better development.

In the sensational improvements products, which should be of creat interest to those who use these Antarctic Expedition, who are ex-fuel has been sought and found,

While it is a far cry from the of recent years the real basis has commodities in any large quanti ploring parts of the continent's: HIGH FREIGHT RATES

5,000,000 square miles, belleve such crude engines of the earlier days been the reduction of the weight During 1940, Hongkong imported The consumption of coal in valuable as petroleum, pitchblend the century, the importance of of motor in proportion to 639.481 tons of coal and coal pru-Hongkong, up to 1938, was about gold and numerous other minerals those pioneer experiments cannot horsepower generated. Mechanical

50,000 tons per month, according lie beneath the ice and snow of the be treated with contempt. Hund- skill, use of special alloys, and im Around the World, it's Pabst Blue Ribbon reds of lives had to be given to provements in aviation fuel have 989 as against 655,560 tons valued to the "Report under review, but great land mass.

Evidence of huge coal deposits-bring flying to its present high all played their part. at HK$12,155,105 in 1939-an in-dropped to 40,000 per month in

factor of safety. That modern Only in 1922 was a scientific sys- probably sufficient to supply men's crease of 100 per cent, in the price, 1939 and 1940, caused by high rates of freight The Report concluded with: "The needs for many decades already planes can whir! through space at tem established for grading gasc and not by any rise in the price future of the coal trade in the has been found somewhere near eight miles a minute and reach an line to serve as an actual indica- altitude of nine and one-half miles, tion of performance. Now, with the exporting Colony is uncertain. It depends the South Pale. Even if it were it was necessary that the Wright the use of the finest precision ma-

possible. entirely on the political situation physically

exploitation During the whole of last year, and ships being available for car- would be out of the question newrothers brave but clumsy attempt chines in testing fuel under actual of a 120-feet, 12-second flight performance conditions in the oll 95.6 per cent. of the coal imported rying coals to Hongkong from the because of the great expense in should have been recorded.

laboratories, progress is quicker in into Hongkong came from the exporting countries. However, al volved, but someday such may not

Nor should be overlooked still the developing of more offelent, for rise in be the case, they, say. Netherlands East Indies; 24.9 per apparent signs are

earller experiments, when, instead machines. The discovery of coal, among of a 12-horsepower engine such as cent, from India: 24.1 per cent.market. prices due to scarcity in

WANT COMPRESSION, other things. convinced explorers the Wright brothers used, spring | from Indo-China; 5.5 per cent tonnage."

AVOID HEAT Antarctica was Coples of this Report are avalla-that

at отте from South Africa; 5.4 per cent.

propelled devices were tried. Then tropical cent, from ble from Messrs. K. B. Vaidya & n. time.

semitropical, or from Japan: 3.8 per

In 1891 a German Introduced a ma- Hence, they say, it is reasonable to North China: and point nine of Ltd

expect that all resources of a hot one per cent, from Australia. Prices

climate may lie hidden here. ranged from HK$25.40 (for bitum- inous) and HK$17.75 (anthracite in January, to HK$47.80 for the former in June and HK$27.93 for

of coal itself in countries...

LONDON

GOLD"

London, Mar. 4 (Reuter). Ber Gold, Fine per oz, 168/-

HONGKONG SHARE

STOCK EXCHANGE

Bayez

Shule

81340

F

$76

Nomfoal

QUOTATIONS

SHAR BROKERS"

WEDNESDAY 5. MARCH.

Banks

A.K. Banks

Do. Cal. Rag) .....

81340/45

£75

£73

Do. (Lon. Reg.)

Chartered Banks

£23

£7 13/16

£11

Mercantile E. "A"

Mercantile Hki, “C”,

Bank of East Asia.... N. C. & S. Banks..... Insurances

ASSOCIATION

Buyer. Bellura Saint Nomina

$1340

£75

£73

£7 13/16

£33

£11A

$78

15 ct.

$215

Canten Insurancèo................

$413

8417

$1

Union Insurancem...... Underwriters cabecer

2415

་་་

80 cts.

$170

Shipping

:::

$170 11.K. Fires

$135 Douglases

$9

Steamboats.

$100 Indo-Chinas (Pref.)...

160

Indo-Chinas (Det."

Shella

Waterbosts.........

Docks, Wharves.

Godowns, etc.

1. P

43/9

$7

€95

137

રા

HK. & K. Wharvon.. Providents...

#61

$17.60 11K. Docks (Old)....

$17

H.K. Docks (New).....

126

+Shanghai Docks...

Mining

17/0

Kailans

$8

| Baba

4

$97)

:

$98

840

$200

..

$3,20

Cut

1 cts. Hong Kong Mines.....

Lands, Hotels and Buildings

$3.30.K. & S. Hotels....

$32K. Lands

Da. Debentures..

11 Shanghai Landal.... $3.20 .K. Realties..

$6.80 Humphreys .......

Chinese Estnies.

Cotton Mills

'Ewo (8.)

S'hai Cottons (8.)... Zoong Sings (S.)..... Wing On Tertiles (8.

Public Utilities

H.K. Tramways.

Peak Trams old)...

Poak Trams (new)..

854 Star Ferries

$244 7mat: Forriss

China Lights (0)..... 81.87 China Lights (New).

41.K. Flectrics (Old). $41 45 H.K. Electrica:New). 817)

Macao Electrics (Old), Macao Electrics (New)

Sandakan Lights...... Telephones fold)....... Telephones (aew)...... B'pers Tractions (Ord. “ Endustrials

$3.15 $3.20

$6.15

$1.65

$16 $16 $16.80!

$6.15.

$8.80

878

$3

141

8181

$12

$30

Cald., Macg. (Ord.) 8.

$25

$97

Cements

(1934)..

$16.90

$16.90/90

Catd.. Macg. (Prof.)S

$1 Canton Ices..............

..

1.K. Roper

HK Govt. Los

14% Load

205 131% 894 131%

(1940).

Miscellaneous

$18Dairy Farms..............

$7

Entertainments ........

$1.60 Constructions old)...

.81

Constructions (new)...

$71 Lann. Crawford.......

Nanyang Tobacco.....

$2.15 Binceres

Watsons

Ch. G.5% 19250$Bd="

$10

42

$39*

$7.70 Vibro Piling

H.K. Wing On

S'hai Wing Un

Bje

Marsinane Inv.'{Loo,,|

2/8

Horsmans Tor. (H.K.

$1.80 Wm. Powells..........

China Lights Rights)

Bale to Shanghai

H

.:.

#

!!

3215

$125 594

$100 160

43/9

ן

But the continent has been ice- covered for many thousands of years and for this reason scientists find the Antarctic of tremendous Interest scientifially. They say that among other things, it gives no clue to what the region now com- prising Canada and the northern part of the United States was like in the glacial period.

chine using carbonic gas in con-

¿ successful glider, nexion with though he was killed in the at- tempt.

In 1996 Dr. Langley tried out the steam engine as a means of pro-

Japan's Cellophane Industry

The two big aims of the aviation motor expert are to increase com- pression and eliminate heat. It has been found that vaporizing fuel acts much like 2 spring the | stronger the compression, the greater the power recoil. Under terrific speeds, heat must be re duced to a minimum.

Pabst

BEER

Because Pabst Blue Ribbon is in a class by itself. The lighter, zestier beer for keener refreshment. Nothing heavy or syrupy to slow

g its delightfully invigorating action.

And wherever you order Pabst you'll And it always the same, Pure. Delicious. Wholesome. For in every tangy, thirst- quenching drop, we give you Guarded Good-.. ness, from Grain to Glass

your absolute guarantee of the highest quality that Nature, 95-Year Skill and Modern Scientific Contro can produce.

DODWELL & CO., LTD.

Queen's Building.

Tel. 20636.

There are four principal means of producing gasoline, first by na- tural recovery, from the crudes, soon this may be moved up to 100. gasoline engine. For one thing, the now somewhat outmoded. Then Greater power in fuel is of tremen- diesel engine was inherently hea- there is distillation, where the vari-dous advantage in flying, especially vier, and for another, it would ..many Important changes ous grades are broken down and in climbing, spurting, long-distance mean separated.

both in the mechanical and fuel What is known as flights and in take-offs. "cracking" is, however, the process Another interesting development industries, a high type of ofl. being tical importance for the scientist. The cellophane industry in Ja-employed in making most gasoline is an increasing factor of safety necessary. It is the "cradle" of weather for pan.

making used today. This employs heat and in aviation fuels, guarding especial- For marine purposes the diesel the entire Southern Hemisphere. smooth progress, gradually took pressure. Then there is the chem-ly against fire. Answering ques- seemed to be well established, Argentina recognized the impor-an adverse course with thecal process of hydrogenation. tions, the speaker said that the there competing with steam. Only

"CRADLE" OF WEATHER Antarctica is also of great prac-

which had

been

tance of this many years ago and outbreak of the China Incident The tendency today is to use use of diesel machines was a con- in the Dutch East Indies la high nas 3 meteorological station at and today general chaos is looming fuels with a higher octane content.troversial matter, but that atten-gration fuel manufactured in the Laurie Island which, has been mak-due to difficulties in obtaining the At present 87 is the standard, but |tion was still chiefly pinned on Far East at present,

IL

to the

PRE-PAID ADVERTISEMENTS.

The following clauses of advertisements are charged at the price g'ven below :— SITUATIONS VACANT. HOUSES AND APARTMENTS WANTED.

HOUSES AND APARTMENTS TO RE LET. MISCELLANEOUS WANTS.

Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid Rate of $1.50 for, THREE INSERTIONS. If Charges collected, $2.00.

ng accurate long-range weather necessary materials and predictions for the benefit of its dullness in export to the third huge agricultural industry.

Powers. Rear-Admiral Richard E Byrd, Though many ups and, downs commander of the United States were witnessed, the industry ex- expedition, took two Argentine of-panded with each year and in cers-Lieutenant Jallo R. Roch and July, 1936, eight companies, in- Lieutenant Emilio L. Daz to the cluding the Japan Celluloid Co. expedition, tok two Argènine offi-formed a Co-operative Sales Com- cers-Lieutenant Frederico A. pany under joint account to Bonert and Exequiel Rodriquez-enforce general control. also accompanied him.

In

the July, 1937, however, The Antarctle has many myster-hostilities with China broke out. 295. les which scientists are seeking to and with the gradual decline in solve. Explorers call the continent demand, the industry indicated 'a $17,45 the biggest question mark on the downward tendency with the resalt 317

globe. $28

that the Co-operative Sales Com- -For example, exactly what are pany was obliged to dissolve in the the spectacular Southern Lights summer of 1938.

WE PAY HIGH PRICES and how do they come about?..

Fish are never seen, according again witnessed as a result of re- for all gold and sliver articles, to men who accompanied the ex-strictions on the use of material gold bars, diamonds and jewels. pedition. It is known there are fish pulp.

the Apply China Gold Refining Co among in the Antarctic because they have manufacturers through institution Pedder Building, 2nd floor, Room 8. 8314 been found in the stomach of of the Japan Cellophane Manufac-

Later on, a favourable trend was

co-operation

$97 sexls. Some belleve they must live turers Association, increase in ex-

$6.50

-

$39)

$200

8125

$16

$7:40

831

3041

deep below the surface.

ports to the Yen Bloc and to third

WANTED TO BUY

WE OFFER HIGH PRICES for And there are mysteries con- Powers. For the last three years, any amount of gold articles. céming magnetic phenomena and however, because of the shortage diamonds, silver, jewels, etc. No its effect on wireless and telegra-in materials, a remarkable decline holidays. Apply China Bullding. phic communications. The rate of in production has been indicated. 7th floor. Tel 30727. Eurasia Gold

movement of Antarctic ice and

PULP CUT. DOWN

Refining Co.

WE PAY HIGH PRICES for all Jade silver articles.

Its temperature also is a matter Until October last year, the al- of speculation.

location of pulp to the cellophane. Many of these question un-industry was 515 tons per month, doubtedly will be answered some but in the following month, the day, but at present they are. still quantity was cut down to 412 tons. gold and secrets of the world "down under." The production of cellophane from diamonds, jewels, watches, foun.. $23.65 scientists say.

1 ton of pulp is ordinarily 55 tain pens. Apply Far East Dia- reams. which means that the total mond

and Gold Refining Co.

841.65 SURPLUS OF APPLES output of cellophane during No- Room 821, China Building, 6th

$41.55

$24

$10

#

IN AUSTRALIA

B

Australia will have a big surplus of apples this season, states message from Sydney, and the Government has launched scheme to deliver äpples free by post to any address in the coun-

WANTED KNOWN

vember in Japan was only 22,660 floor. reams. As the combined output in Japan is 55,000 reams per month, the figures shows that only 40 per cent.<

of the manufacturers are continuing business while the re- Why not learn all the Panty maining 30 per cent have been latest Stitches for your dresses obliged to suspend operations. and Sweaters.

There is, of course, the 100 tons

JOIN THE KNITTING CLASS

|of pulp which was allocated apart | AT $3.00 per month (Tvice a week The Sydney message also stated from the above figure through the lesson). Please apply to Box No. that the Premier of New South special link-system, but even then, 854 c/o HK.D.P. Wales announced В building the total output was 28,160 reams, scheme by which 100 houses would half of the manufacturers still re-

i try.

73 cta.

$16.90

$8.10

97*.

$85

be available to married couples, maining idle.

and 500 for families with children,

A five year plan was established

ORDERS TAKEN for hand-made

at moderate rentals. It is stated for increased production of pulp, sweaters, Ladies' fumpers, Babies that more effective homes will help but this cannot be relied upon at putts, etc., at $5.00 each for to check Australia's falling birth, the rate-(Special).

workmanship.

present moment. Attention been turned on pulp produced in

Wool and mode: desired, to be Manchoukuo, but due to advances supplied by customer.

Bend particulars of address, etc.. RAUB AUSTRALIAN in the cost of wood and in tran-

to Box 502, HED.P. sportation, materials from this $10.65 GOLD MINING source are likewise considered a difficult problemn for the time; be-

$18

$7.10

$1.65

$71

$3,80

$2.15

35%

$39

$14

$8

andra!

4

CO., LTD.

Ing.

Experienced Book-keeper Wants

HOTELS

FOR JADED APPEATIES!

REAL RUSSIAN FOOD

Tiffin $1.20

*

Dinder $1.50

TEA DANCE

DAILY

METROPOLE HOTEL

EXCEPT MONDAYS 5 to 7.30 P.M.

PACKING CONTRACTOR

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

TELEPHONE 23237, 25827.

YING LEE CO.

BEST CAMPHORWOOD TRUNKS

NO. 8, QUEEN'S ROAD EAST, WANCHAL

TAILOR

LAM SHIU SHEK 334, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery 1 suit

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

ENGRAVERS

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

AUCTIONEERS

GREATEST COLLECTION OF BARGAINS IN TOWN!

t

LAMMERT'S ACCTION BOOM

The Hongkong. Stock Exchange As the import of pulp from Students to form a class. Guaran yesterday received a cable from European countries has been ren- tee students to keep a whole set of Raub Australian Gold Minting Co., dered practically impossible due to books after completion of a course $1.00 in code and in translating same the expansion of the war, further of 6 months. For Term and Pary Lanmar, Hrajen 1, 41.h

reads as follows: Report 568 aggravation of the material condi- ticulars. Please Apply to--Bor Ounces Fine 1,460,*

tion is anticipated.

No 403 /0 HKDP.

Tomah A NO BALTA

Jimmy's

BUTTERICK

Expert Ladies Tailor New Style Ready Made Dresses, Overcoats and Costumes

FOR SALE.

16, Wyndham Street,

Tel. 23615

PICTORIAL HONGKONG

POSTAGE STAMPS

in commemoration of the

OF

CENTENARY

THE COLONY Used on

FIRST DAY COVERS with views of Hongkong in

1841 and 1941

now obtainable at

GRACA & Co.

Dealers in Postage Stamps, Garden Beeds. Picture Books, etc. No. 19 Wyndham Street." Established 1896.

Hongkong