1941-03-07 — Page 10

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HÖNGKONG DAILY' PRESS

AMERICA'S CRUDE

RUBBER

New York.-A survey of crude rubber stocks in the United States shows that should an emergency arise whereby supplies from the Far East would be cut off, reserves could be stretched over a period of beureen twelve and eighteen months.

It is pointed out, however, by authorities in the industry, that at the present rate of domestic consumption, actual stocks would be entirely depleted in about eight months

Actually, during the past six months, as a result of efforts on

FRANK EXPOSE the part of the Federal Govern-

FINANCE & GENERAL

Finance and Commerce

RECONSTRUCTION] WARTIME BONDS CAMPAIGN

IN HUNAN

MARKED PROGRESS MADE LAST YEAR KWEILIN, March 6 (Central) Marked progress in various phases

Counsellor nf

the

LAUNCHED IN CHUNGKING

con-

are

CHUNGKING, March 6 (Central) A Wartime Bonds Cam- paign was launched on Tuesday afternoon at a tea reception given by Generalissimo Chiang Kai-shek to more than 400 persons cerned. Generalissimo Chlang is concurrently Chairman of the Campaign. Among these present were Ma- Wu who pledged to ment and private, agencies, stocks

buy N.. C.. have increased approximately 60 of reconstruction, in Hunan was dame Chiang Kai-shek, Dr. H. H. $10,000 bonds immediately after OF FOOD

per cent. reaching a total of 434,- revealed by Mr. Wang Ying-yu, Kung. Vice President of the Exe- he read in a local paper about 998 tons

Kwangtung cutive. Yuan, Mr. Yu Yu-Jen. Pre- the Campaign. SITUATION

Following the Federal Govern- Provincial Government, who had sident of the Control Yuan, Mr. MILITARY SUPPLY BONDS LONDON, Mar. 6 British Wire-ment's enunciated policy of ac- recently made a tour of that pro- Tai Chi-tao, President of the Ex

amination Yuan, Dr. Sun Fo, Pre-It is understood that the war- less)-A frank exposition of the cumulating stocks of vitally im- vince.

portant raw materials for National

He said that the Human Pro sident of the Legislative Yuan.tine bonds to be subscribed food situation and the vital need defence purposes, the Government vincial Government was not only Mr. Wu Chahui, member of the the N. C. $1.200.000,000 Military for farmers to produce every pos took the first steps to obtain re able to tide over last year

under Kuomintang Central Supervisory Supply Bonds, and the U.S. $50,- sible ounce of food from the land serves af rubber through an agree heavy strains of war without

000,000 and £10,000,000 Recon- in-Committee, General Ho Ying- made in a speech

ment with Great Britain to ex-creasing its debts but to repay its chin, Minister of War. Dr. Wang struction Bonds.

Generalissimo Chiang express- Minister of Agriculture, Mr. Robert change 800 bates of American cot-lean obligations amounting to $6. Chung-hul, Minister of Hudson, who explained that in the ton for 85.000 tons of crude rubber. 380,000. The Hunan Trade Bureau Affairs, and General Pal

ed the hope that these two Chung- past 20 years. stock farmers had Later. the Rubber Reserve Com- netted a

profit of more than hal. Vice-Chief of General Staff. relied very largely on Imported

pany, an agency of the Recon- $5,000,000 last year. feeding stuffs and had failed to struction Finance Corporation, supply. their own.

purchased 330.000 tons of crude rubber through an agreement with the International Rubber Regulat Ing Committee,

WYLS

Suppiles of feed stuffs avalible were below the demand and even further reduction in the ration below the 50 per cent, cut, coming into operation on April 1, must be expected.

RESERVE STOCK Some of the reserve stock, however, remains to be purchased TWO FACTORS

and shipped from the Far East. Much grassland as possible must Purchase of an additional 300,000 be put under the plough and these tons is contemplated and officials two factors would mean reduction believe it will be brought into the In the number of livestock it is! United States this year. as origin

ally planned in the agreement possible to feed adequately.

Whereas cutting down was asked with the I.R.R.C.

Detence officials point out that for in this direction, expansion was

of there is no domestic production of providing crops necessary in

For crude rubber and that some coun- human food from the land. this purpose the Government guar-tries, such as Mexico and Brazil. be counted on to anteed the purchase of the entire can hardly onton and, carrot crop at a price furnish more than 10 per cent, of

to be United States requirements. might be said

10

In education, Mr. Wang It- vealed, the provincial authorities are planning to establish a Chung Cheng University and some vocational schools. The educa- tional budget for the current year has been increased to $12,300,000) as against $3,390,000 of last year. FOOD PRODUCTION

been

Foreign

Taking the lead in subscrip- tion, Generalissimo Chiang subscribed on behalf of the Chinese armed forces for N. C. $10,000, U.S. $1.000 and £100 bonds,

kinds fully

of wartime bonds will be subscribed within the shortest time possible so as to give a new stimulant to the Chinese troops, and deal a spiritual blow to the enemy and traitors.

The overseas Chinese who have made enormous donations to the Mr. AW State are expected to cutdo what Chinese they have done in the past

who

Other "subscribers were Boon haw, well-known industralist from Singapore, pledged to purchase for

N. C.

recent HONG KONG STOCK |

EXCHANGE

in agricultural reconstruction. $500,000 bonds during his Mr. Wang said.

stress has placed on the increase of food production and

Improvement

visit to Chungking, and one Mr.

Although nothing startling trans- wear Pired during the day there was a tea cultivation. Eighty-four merit of the spinning and producers' and distributors'

industry. co-ing

Several factories moderate turnover with prices re- operative societies will be

this maining fairly steady. been established for estab- nave Jished in the unoccupied parts of purpose. Exploitation of

BUYERS the provtrice in the current year.

gold, lead, tin, conl, mercury and The Huran authorities have copper mines in the province spared no efforts in the develop proceeding space.

the

H.K. Banks, $1340,

They point out, however, that HONGKONG SHARE QUOTATIONS

should Malayan sources be cut off,

sources of supplementary

which generous.

The decisive part agriculture has to play, in resisting the greatest threat to our very existence that terials could be tapped, one being this country has ever known, was reclaimed rubber made from worn emphasised by Mr. Hudson, speak-rubber products

ing in Hereford, says Reuter.

"Unless we all work for all we are worth." he declared, "We may by next winter. hear

a child say I am hungry."

1945

Union Ins., $415.

Lights, $6.15.

Lights Rts., 65 Cts.

SELLERS

Trams. $16.75.

SALES HK Govt, 4% Loan, $97. H.K. Banks, $1345. Indo-Chinas (Pret), $80, Providents, $5.78. Humphreys, $6.70.

STOCK EXCHANGE,

SHAREBROKERS ASSOCIATION

ma-

Buyers

Belers Jules Nominal

THURSDAY

Barer

Seller

Rapt Mamina

6 MARCH.

Banks

Last year, 30 per cent, of the stock, as much reclaimed rubber 4.5 crude rubber, was consumed by the Industry and authorized sources point out that the re

B1340

$1345

H.K. Banks

$1345

$1345

No. (Col. Reg.) ....

£781

£74 Do. (Lon. Reg.)

£74

Lights Rts, 70 Cts:

£3

Chartered Banks ....

£81

Electrics (O), $41.28.

£23

Mercantile Bks. "A"

Ban

Telephones (O), $9.

211

Mercantile Bks. "C".

878

Bank of East Asia.....

#TB

Cements, $16.90.

+

咖啡

N. C. & 8. Banks..... Insurances

16 ct.

8415

180 cta.

$170

4

"It is stark reality. I cannot claimed rubber output could be sufficiently impress on you the doubled in an emergency, seriousness of the situation, nor

the magnitude of the effort we the task of producing every ounce have to make to ensure victory. of food you can and that is with "You, by hook or by crook and less and less imports of feeding by every art known to you. have stuffs to do it with."

THE ARTILLERYMAN'S

PROBLEMS

Washington--Warfare today has posed a real problem for the field artillery. It must keep pace with the fast moving forces to make its fire effective over the head of its own infantry.

The problem is being worked out at historic Fort Sill, Okla. - post established during the Indian wars and where Geroni- mo was long held captive-where the far-flung ranges give an opportunity to test the mobility and firing power of the artillery. New lands are being acquired over which manoeuvres may take place at high speeds around and over the adjacent hills.

While more and more emphasis į equipped.

Each missile

makes

Ls being placed on motorized three sourds in being fired, the equipment in connexion with the sharp report of the gunfire, the

solution of problems mechanized warfare, the realizes that, as in the cavalry, there are some where the horse works

involving whine of the projectile as it artillery travels through the air and the case of dull thud of the detonation of places high explosive when it reaches its better mark. All three help locate the

and the

sound days of low

than a tractor. For this reason, firing. battery the all around artilleryman has imeshed works on

to be a horseman as well as a visibility and against hidden or mechanle.

Skill is better than luck," is the artillery school motto.

camouflaged guns.

The flash platoon can function only where the flash of the gun This skill requires great co and the sheli explosion can be ordination between infantry and seen. It charts these from vary- artillery. With guns ranging Ining positions simultaneously and fire from a few hundred yards to fire by taking the intersection of 12 miles or more, the artillery not the observations. It requires, as only has a problem in finding its do most activities of the artillery, target but is faced also with the fast-thinking mathematicians, but danger of hitting its own infantry the flash platoon can usually es- with a misplaced shot, especially timate positions within a few in time of rapid advance.

yards.

..

To gain this range it has several DEMORALIZES ENEMY adjuncts. One is the artillery The artillery seldom tries to Haison officer who moves with the make a direct hit. The explosion foremost infantry troops. He co-of-a shell will throw fine bits of ordinates the artillery fire. with steel through the air and make the requirements of the Infantry life uncertain, for as far as 150 commander. He relays his orders yards. It demoralizes if it does back by messenger, wigwag signal, not destroy the enemy in that. telephone or radio,

vicinity and opens the way for the infantry.

PHOTOGRAPHIC MAP

The range is given by means of a photographic map wherever pos. sible, since these maps bring out every detall of terrain and every

landmark.

The most deadly addition to artillery fire since the World War is development of the instantan

ous fuse which detonates the pro- Jectile on contact with the earth. In 1917-18 projectiles dug deep Other adjuncts include the ab-into the earth before exploding. servation plane, with which each This resulted in spraying frag- artillery

unit is equipped. the ments high into the air and doing sound platoon and the flash plaserious damage only in a limited toon. "Except for its vulnerability, area. It was for this reason the the observation plane is nerhaps armies often preferred gas shells the most reliable,

which spread their lethal dose flat-

The sound platoon, as its name over the ground. The new sensi- indicates, plots the time it takes tive fuses detonate quickly but for sound to travel to the micro- they make firing somewhat more phones, with which the platoon is dangerous,

8415

$417

$1

LAA

#

H

:::

8215 Canton, Inerrances.....

Union Inanṛances.....

Underwriters

$170 H.K. Fir09......

Shipping

$135 Douglases

$9 Strombosis

$100 Indo-Chinos (Prof.)..

€60

Indo-Chinas (Def.)

430+ Shella

$7 Waterbosts ......

!!!!!

1:8

19

$215

$125

881

8100

$60

43/1

$7

Docks, Wharves.

Godowns, etc.

$95

652

H.K. & K. Wharves. Providents

$05

853

817.80 HK. Docks (Old).....] #174 #17)

$17 H.K. Docks (New)..

$161

$261 +Shanghai Docks..

Mining

17/0

88

17/0 18

I

311

$3.20 H.K. Realties..

26.70

$3.20

H

FRIDAY, MARCH 7, 1941. -PAGE

SAY

Gordon's

...and know what you're drinking/

GORDONS

DRY GIN

DISTILLERY. LONDON.

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

HONGKONG

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted" on Thursday, March 6, 1941,

¦RESERVE BANK OF INDIA STATEMENT

Calcutta, Mar. 5 (Reuter).

Feb. 21 Feb, 28

Notes in circulation (including Notes held in the Bank- ing Department)... 26,810 38,696 Rupee Coin and Bul-

Hon in India 41.50 Gold Coln and Bul-

SALES

HK. Banks

*2 $1,345.00

Cements

250

16.90

3.156 3,243

H.A. Electrics (0)

*66

99

41.50

lion in India Securities 'Indian

4.441

4,441

1

41.50

Government)

4,081 4,961

150

41,25

Securities

Government)

14.050 14.050

50

41.25

(Figures in Lakhs Rupees).

HK. Hotels

500

3.40

A.S. Watsons

300

10,65

1,418

*Sales on Wednesday, March 5. The total value is $28,949.00.

T

(British

LONDON GOLD

London, Mar. 5 (Reuter).

Bar Gold, Fine per oz, 188/-

PRE-PAID ADVERTISEMENTS.

The following classes of advertisements are charged at the price given below:-

SITUATIONS VACANT.

HOUSES ANI APARTMENTS WANTED.

HOUSES AND APARTMENTS TO BE 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.

$971

$3.15

€6.70

8401 7th floor.

Квіїлда

Raubs

cta Hong Kong Mines..

Lands. Hotels and Buildings

$3.30 H.K. & B. Hotels......

839 K. Land........... $31

$99

Do. 4% Debentures... Shanghai Lands....

Humphreys .....

Chinese Estates..

Cotton Mills

340 Ewo (8.)......

2200 S'hai Coltons (8.)...

Zoong Sings (8.) Wing On Textiles 19. Pablle Utilities

H.K. TramwBYO................ Peak Tram fald)... Peak Tratos (now). Star Ferries.......

$247'mati Farrios...

China Lights (O).... 81.97 China Lights (New).

4. K. Electrics (Old)... $41.40 H. K. Electrics(Now).. $17 Macao Electrics (Old) $16 Macao Electrics (New);

Sandakan Lighta...... Telephones (old)... Telephones (new).!!...

$10

$163

$3 264

28.18

#10

**

$8.15 1.55

$41.60 $41.60

#200

$125

***

I

HOTELS

"FOR"JADED APPETITES!

וי

TEA DANCE DAILY

Cald,, Macg. (Ord.) 8

825 Cald., Macg. (Fret.)8

Canton Icos......

H.K. Ropes

HK, Gori, Lords

$97 4% Loan

WANTED TO BUY

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

WE OFFER HIGH PRICES for

amount any

articles. of gold diamonds, silver, jewels, etc. No holidays. Apply China Building, Eurasia Gold Tel. 30727,

ንነ

Refining Co.

WE PAY HIGH PRICES for all $7.40 gold and silver articles. Jade $34 diamonds, jewels, watches, foun- 8041

tain pens. Apply Far East Dia- $23.68

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

WANTED KNOWN

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

JOIN THE KNITTING CLASS AT $3.00 per month (T vice a week 73 ata. lesson). Please apply to Box No. $18,90/96

054 c/o HK.D.P. $8.10

$85

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

$1.65 Wool and model desired, to be

supplied by customer.

Berid particulars of address, etc., to Box 502, HKDP.

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

REAL RUSSIAN FOOD

Tiffin $1.20 • Dinner $1.50

METROPOLE HOTEL

PACKING CONTRACTOR

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

TELEPHONE 33237, 25827.

YING LEE CO.

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

-

TAILOR

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

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!

1 LAMMERT'S JUCIBON KOPM

$1,00. of 6 months. For Term and Par-Lambert,

ticulars. Please Apply to:-Box

No 483 c/o HKD.P.

Brother:

Rod Math

EXCEPT MONDAYS 5 to 7.30 P.M.

AT

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

CENTENARY OF 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 Seeds, Picture Books, etc..

No. 10 Wyndham Street. Established 1806.

Hongkong

312

$24

$24

$8,80

201

$8.00

B'pore Tractions (Ord,1}

Industrials

230

$1

$16.95

$81

Cements

$95 31%

$84 31%

(1934) (1940).... Miscellaneous

818

Dairy Far

$18

+H

$7

Entertainments.

$.10

110.70)

$1.60 Construction (old)..

Construction (new)..

17 Lane Crawfords..

Nanyang Tobacco..

$2.18 Sinceros

Walcons ...........$10,00

1125G 3 Bd..

42

Cb. G.5

$39. K. Wing On

S'hai Wing Up

$7.70 Vibro Piling

6/6 Marsmans Inv. (Lon.

28 Marsmans Inv. (H.K.

$1.90 Wm. Powel..........

IH

China Lights(Rights)

+Sale to Shanghai

27").

$2.80

$2.15

214

36%

$42

814

28

+44

2

Teledier. NO