1941-03-24 — Page 9

HONGKONG DAILY PRESS

Finance and Commerce

DECEMBER 20 Thousand

REVENUE

The financial statement .10. December shows that the Colony's excess of assets over liabilities continued to grow, the balance at the end of the month being $22 804,344 against $21,395,079 at the beginning.

The revenue for December was $5,943,079 making a total for the

accounts

in duties, $100,000 more in internal revenue, $245 more in court fees; etc.. $124,000 more in water res

U.S. 'Planes

For Britain

.. WASHINGTON, Mar. 33 (Reuter) A production schedule to supply Britain with some 20,000 warplanes

ESSENTIAL MATERIALS

FINANCE & GENERAL

KWANGSI'S NEW DEAL IN AGRICULTURE

Careful planning, and efficient control are the measures now being employed in Kwangsi for agricultural development.

Responsible for the planning and supervision of the agrarian enterprises of the whole province is the Kwangs Agricultural Enterprises Administration. Directly under this Administration are six largo agricultural experimental centres in different localities.

Huge Cotton Fraud In Shanghai

which

10

OWNERS MUST FILE Working for the improvement of rural products is the Kwangsi REPORT

Agricultural. Experimental Station Under regulation 30 or the De-at Shatang, Luchow. Organised in the next 18 months has been fence Regulations. 1940, Major R. on a large scale, the station is worked out by high Administration D. Walker, Director of Supply, has adequately equipped for all kinds officials. It was stated yesterday. made an

order. notified in the of experiments pertaining to soil, Government

forestry, gardening, The plan includes the construc-

Gazette, regarding agriculture,

and destructive insects. Its work "tive figures for 1939 were $3,229,595 Lease and Lend Act, half of them year of $52,894,478. The compara-tion of 10,700 planes under the certain articica ......

is carried out in close collabora- The order states that every per- tion with the agricultural centres. and $41,478,053. Outstanding medium and heavy bombers, and son who has possession, custody or last December revenue

The huge cotton fraud, In the field of forestry, there compared with the previous De-Britain before the passage of the manufactured, semi-manufactured yung, Ishan, Langchow and Nan-or $538,350, the North China Daily

9,000 planes ordered privately by control, of any aluminium, un-

are four forestry centres at Lo February 24, had reached the total Was uncovered in Shanghai an cember were an increase of 5900,000 Act.

or scrap. binoculars, prismatic, ifning all operated under govern News learned on March 19. "It is also authoritatively stated for sale or export. wire, barbed.ment supervision. There is also en sum, however, approximately that surveys are under way for an/Dot in actual use, wire, galvanised | Piscicultural Experimental Station 383.000 have been recovered by venue, $100,000 less in miscellanejar route to England for flying steel, 12 to 14 SW.G.. not in actual

Rice, wheat, cotton and tung the police by notifying native short-range pursuit planes there use. Yarn, worsted. 2 ply and, S

cultivation now occupies the prin- banks to stop payments on the ply-any quantity by easy stages. ...

of 300 lb. more. shail deliver to the Director pal attention of the Kwangs! orders... of Supply-

agricultural authorities.

The discovery THREE-YEAR PLAN (a) forthwith, a return of the

of the fraud- brought many complainants to the particulars of weight in pleuls and

For increasing the production of detective offices of the Central where stored as regards aluminium, rice the Kwangsi Agricultural En-police station turning it into The following is the text of a unmanufactured and semi-manu- terprises Administration is now regular "Stock Market." "The first Noteworthy Items paid in De-telegram received by the local factured and scrap, and as regards enforcing a three-year plan. It complaints amounted to approxi cember compared with the pre-office of the Chartered Bank of binoculars, prismatic, the number this plan is successfully carried mately $300,000, but the sum was vlous December were $80,000 more India, Australia and China from in possession, magnification and out, it is expected that the annual raised to its present level by the for charitable services. $69.000 less its head office in London:-"On where stored, as regards barbed output will be increased to 80,000,- appearance of several other mer- for air raid precautions, $219,409 April 3, at the Annual Meeting of wire, the weight in pounds, the 000 piculs as against the present chants. against $207,815 in pensions, $100,- Shareholders, Directors wil re-gauge of main strands and where 65,000,000 pteuls. The principal

ous receipts, $1,394,905 under the new item. War Revenue.

The expenditure during Decem- ber was $4,534,222 making $47,181,- 305 for the year; the corresponding figures for 1939 were $4.083,689" and $37,949,116.

CHARTERED BANK

DIVIDEND

000 less on general public works commend a Final Dividend at the stored. as regards wire, galvanised rice-producing centers are Watlam, As soon as the case was reported recurrent nearly half a million rate of 10 per cent. per annum steel 12 to 14 S.W.G.. the weight in Wachow, Hsunchow and other dis- to the Central station, detectives -less on public works extraordinary subject to Income Tax, 250,000 pounds and where stored, as re-tricts in the southern part of the went after the culprits and man-

New items were $1,208,189 on "war added to Penston Fund, £50,000. gards Yarn, worsted. 2 ply, the

ared to arrest three of them. The province. expenditure and $18,242 on the Premises Account, and carried for- count, the weight in pounds. the

extend the cultivation of master mind, however, managed to Immigration Department.

ward £182.602.9.11-**

shade and where stored and as re-

wheat a plan for enlarging the levade arrest. He is still being gards to Yarn, worsted.

wheat-producing 3 ply mapped out and loans of various

area has been sought by the police. similar particulars

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE.

Bayer

Ballers

$70

#917

$426

$170

SHAKYBROKERS ASSOCIATION

Nomeal SATURDAY Sala

22 MARCH.

Banks

Do. Col. Reg.)' .....

$1340, HK. Banks

£74. £RA

Do. (Lou. Beg.) Chartered Bank......

291 Mercantile Bk. “A”. Mercantile Bk. "C".

£10

Enyer

Ballerz

201 Nom

Bank of East Asia......) $70

N. C. & 8. Bazka...... Insurances

Canton Insuranced......

Union Insurances....... $425

Underwriters.******** H.K. Fire.................................

.Shipping

$125 Douglases

Steamboats

Indo-Chinus (Prof.)...

Indo-Chinas (Def)

Walerboats

!!!

!!!!!!!

1:

!!

U

$9

$80

€60

41/3

Shells

$7

B94

394

€6.20 #16 $18.80

$6.20

"...

-$5.15

H.K. Docks (Old)..........[ $16}

***

***

$3.10 $314

$3.20

$2,05

1:

$6,70 $100

$45

$189

CH

Docks, WharvĖS,

Godowns, etc.

H.K., & K. Wharvce... Providenta

$15.95 H.K. Docks (New). $28+Bhanghai Docks..

Mining

15/0

$8

Kallana

Raabe

1 ots Hong Kong Mines.....

Lands Hotels and Buildings

H.K. & 8. Hotels......

R.K. Land...

$971 Do. 4% Debentures.... $11.90 Shanghai Lands

H.E.Realties.............. Humphreys ..... Chinese Estates.

Cotton Mills.:

$185 S'hai Cottons (8)

Zoong Bing (8.)

Wing Od Textiles (B). Public Utilities

!!!

#3.10

31

$2.95

$6.70

H.K Tramways....... #161

$71 Peak Trams Joid).....

$31.Peak Trams (new)....)

#:

86.20

ΤΟ

amounts are extended to encourage and help the farmers to cultivate this plant.

Panarua Discrimination. Arouses. Resentment CHUNGKING, Mar. 23 (Reuter)

MONDAY,

MARCH 24,

1941.-PAGE 9

If you Value your Health-

Insist upon

Gordon's

GIN

NO Colouring Matter No "Injurious Ingredients

GORDONS

DRY GIN

LONDON

New Way To YUNNAN-BURMA

Make Magnesium

RAILWAY

CHUNGKING, Mar. 33 (Reuter) -The Chinese Government has de.. finitely decided to resume can-

A thermic reduction process for struction of the Zunnan-Burma producing magnesium, said to be railway. epochal in significance, has been It was further learned yesterday. discovered by engineers of the that part of the funds to finance Central Laboratory of the South construction of the railway will be Manchuria Railway Company, a raised through the issue of gold special dispatch to the Astahi from bonds. Dairen reports.

(b) before noon on the first day of every month. or if that day is a general holiday before noon оп To meet the increasing demand the first succeeding day which is for four a semi-official Kwangsi not a holiday a return of parti- Flour Mill has been set up with a

Through special arrangements culars, similar to those mentioned capital of $300,000. The establish-Alleged discrimination against the manufacture of many light has granted permission for China above, of variations, additions or ment. of flour mills at Luchow Chinese residents in Panama is metal alloys Lsed in aircraft and to float US$10,000,000 worth of with the United States Govern ment, it is reported, Washington diminutions of stock or holdings Kwellin occurring since the last réturn.

other implements of war, is or bonds in the United States for

MAY POST RETURNS

$1340

£77

£74

La

Bail

£10

son required to

177

and Tienyang has also

This substance, so important for

been planned. One of them has arousing much resentment. already been set up and is in

A Chinese report claims that dinarily taken from table salt and construction of the railway. The order further states that operation.

tem- under various pretexts, such as Potassium chloride. At a returns shall be signed, by the per-

To increase the production of health examination, the employ-perature of 800° C. the molten" make them and cotton the Kwangsi Agricultural ment of 75 per cent native work-mass is shot through with direct out of magnesite and carbide, Is shall bear his "chop." Returns Enterprises Administration de-ers and other regulations, many current, and the resulting mag- added to the substance"

nestu smelted on the 16 ct. may be delivered by post to the signated last year Enshih. Ishan, Chinese shops have closed downside is collected,

cathode The mass is then reduced in an Luchow, and Yunghsien as new and Chinese nationals arrested

electric furnace at a temperature. “ cotton-producing centres where

of 800° C. The magnesium pebe The influential Chinese dally

THE PROCESS Improved seeds were planted. The Ta Kung Pao sald yesterday that result was that the production in the Chinese Foreign Office will in- this electrolytic method and avails splendidly pare crystal magnestatis duced in the form of steam C these districts last year amounted vestigate the situation and

The new process dispenses with collected and cooled to yield

will itself of the practically inexhaus-of 99.9 per cent.

la, Hanoi Ma lodge an effective protest with the tible magnesite mines of Tahsih-. The laboratory: has; obtained: a Panama Government

chiao. Magnesium fluoride is made patent for the processed Wo

MAN LEDER:RAPY

Director of Supply at the Garrison ##18 School, Hongkong, and the Direc- tor of Supply may dispense with 80 cta. any return or allow delivery of any

return to be postponed.

$170

$125

$s!

$80

$60

41/3

$7

$18

$29

15/0

$8

to 54,000,000 plculs,

Every person, and the employees

The production of tung oll in of every person, who deals in any Kwangsi is expected to be in- of the articles mentioned shall, on creased considerably in the near demand by any person authorised future as the Administration has in that behalf in writing by the drawn up a five-year plan for Director of Supply, produce to that planting tung trees. The Foreign person any books, recounts or Trade Commission has made an other documents relating to the appropriation for the execution of article.

the plan. (Cetnral News);

For the purposes of this order any person authorised in writing in that behalf by the Director of Supply may enter and inspect any premises in which the business of trading in or manufacturing any article specified is carried on or any premises used in connexion with any

such business or any premises which he may have rea- $87 sonable grounds for suspecting to be used for the purposes of any

$444

$185

such business or for keeping, stor-

ing or dealing in any such article.

In this order. "person," includes

S'HAI CHINESE

STIRRED BY RICE PRICES

OFFICIAL MOVE DEMANDED

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 heading at a Pre-paid Rate of $1.50 for TBBEE INSERTIONS. If Charges collected, $2.00.

WANTED TO BUY

HOTELS.

FOR JADED APPETITES.

WÉ PAY HIGH PRICES

Chinese circles and the press in for all gold and silver articles.

a firm and in relation to a firm Shanghai are becoming impatient Jade diamonds, jewels, watches, required to make a return under over the delay in an

announce fountain pens. Apply Far East this order mears the managing ment by Settlement authorities of Diamond and Gold Befining Co. #125 partner of that firm..

measures to cope with the serious

This order shall not apply to any rice situation, and are continuing Room 621, China Building, 6th article held by or on behalf of to urge that in punishing pro-floor. (Store will open on Sun- $7.40 the Crown.

fiteers in the rice market, the au- days and Holidays). thorities should not consider the

#34

3541

854

Star Ferries

$24

T'mati Farrios......

$23

$6.20

$39.80 $40

China Lights (0)........ $6.20

$1.97

China Lights (Naw)... $13

$39.95

H.K. Electrics (01a)

G.B. $40,068, X.D.

H.K. Electrics(New)

Macao Electrics (Old)

(D. O.Eta)

$17.80 $16.80

$24.30 $4.45

#

HUG BE TRUEMI

11

tar

***

$7.20

414

$18

Macao Electrica (Now)

Sandakan Light

Telephones (old)................. $24.25 Telephones (new).

B'pora Tenciions (Ord.).

Industriala

j

$30

Cald., Macg. (Órd.) 8.

$25

Cald, Macy. (Pref.)S

#1

Canton Ic

Cementa

$17.40

$18

-

#1

#7]

H

(1984).

H.K. Rope

HX. Gort Losse

307 4% Loan

304 31%

(1940).

Miscellaneous

Dairy Farms...........

Entertainments --

$1.60 Constructions (ald)...

Comtractions (DBW).....

Lane Crawfords..

Nanyang Tobacco.....

$2.15 Sinceren

49

Watsous

Ch. G.5% 192G$Rda. H.K. Wing 'On S'hai Wing Up

$7.90 Vibro Filing

8/6

Marsmans Inv. (Lon.)

2/6 Marinan Inv. (H.K.)

11.00 Wm. Powell

Chins Lights(Rights)

4Bale to Shanghai

**

$18

· 87.16

$3.80

82.15

རྟེམ:::

TRUE THOTE

LEECE

2.

....

75 sta.

$7.20 I.D.

971.

841

ARMY OF BRITISH

TAILORS INVADE

AMERICA

General Agent: Chan Che Kee "face" question, hinting that some Induential people are among the No: 4, Lyndhurst Terrace." Tel hoarders, reports the North China 26402. Daily News. M

Indignation was aroused when increases ranging between $3 aud rice

The United States are now get-4 were registered in the ting £2,000,000 worth of Savile market creating a record price for all gold and silver articles,

WE PAY HIGH PRICES 16, Row tallored men's wear from level Interviewed, a Chinese offigold bars, diamonds and jewels. Britain a year. One New York clal of the BMC, stated that the Apply Chins Gold" Refining Co. house, famous 85 "outfitters to Council was seriously studying the Pedder Building, 2nd Floor, Room 6. gentlemen" has just received in a matter, but nothing definite has single order £20,000 worth of Bri-yet been decided upon. tigh tweeds, suitings, ties and shirtings.

HOARDING GOES ON

The crate, marked "Britain Deli~. "Authorities Have Not Taken WE OFFER HIGH PRICES for vers The Goods," is displayed in Drastic Measures; Prices of Rice any amount of gold articles. the middle of one of their windows Went up again Yesterday the diamondą, giver, Jewels, etc. No in Madison Avenue in New York, headline of the Shum rao

holidays. Apply China, Building.

Redning Co.

The suits are selling at anything No matter how much rice ar- 7th door. Tel. 30727. · Euraala Cold from 12 to 20 guineas rives here," profiteers hoard. It, The demand for British men's with the result that the ready

WANTED KNOWN

$16 wear grown so strongly from month stock in the market has been to month, despite Hitler's "totai (diminished and that prices have war," that a special retail export gone up, it is stated group is now being formed by Besides having ample financial, Britain's tailors, bootmakers and means at their disposal, profiteers Experienced Book-keeper Wants 25. saddlers.

are said to possespecial in students to form a class. Guaran The vanguard of an invading duance" continuing their tee students to keep a whole set of army of fitters from 300 British illegal acts. It is further alleged books after completion of a course tallors are already on their way that about" 1,000,000 bags of rice of 6 months, For Term and Par to the States, complete with som are stored in godowns along the ticulars Please Apply -81.00 ples of next spring's suitings and waterfron Poofing The at- No 463 â/o HRDP

taking their tape measures with thorities are asked to investigate them.

this report

in

REAL RUSSIAN FOOD

Tiffin $1.20 •

Dinner $1.50

METROPOLE HOTEL

BUTTERICK

Expert Ladies Tallor

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

Tel. 23815

TAILOR LAM SHIU, SHEK 834, Nathan Road, Kowloon, Tel. 57712. Guaranteed delivery Lsult

in 24 hours notice and 8 hours

ENGRAVERS

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

AUCTIONEERS

ORLADEN

CAR FRON BARGAINS IN DOWN!

LAMMEDES

TEA DANCE DAILY

EXCEPT MONDAYS 1 to 1.30 PM.

Jimmy's

Help Your Friend and-

his Hobby by givb

giving POSTAGE STAMPS

his COLLECTIONS

SEEDS for

his GARDEN We can supply, the goods of his and your want

LA

GRACA & CO.

Dealers in postage stamps and garden seeds etc.

No 10 Wyndham Street. Established 1995