1941-05-01 — Page 9

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HONGKONG DAILY PRESS

GOLD WASHING IN SZECHWAN, HUNAN

With China's pressing demand for gold to finance her resistance and reconstruction"gold washing is receiving more and more govern- mental attention. Positive steps are being taken in Szechwan and Hunan to increase production.

In Szechwan, sand gold is scattered in wide-spread areas in the northwest part of the province, particularly abundant in the mining districts of Sungpan and in the valleys of the Big and Small Gold Streams Sungpingkou, Hsimengkou and Hsuchpacting..

FINANCE & GENERAL-

Finance and Commerce

NEW KWANGTUNG|THIRD CANADIAN|

WAR BUDGET

FINANCE COMMISSIONER

CHUNGRING, Apr. 30 (Central) Country To Finance

British Purchases

to

"

BRITAIN FINDS NEW LEATHER

The world has now a new shoe teather discovered by technicians und chemists in the English Mid- lands

In Sungpan, the gold districts Manchu regime, but was not fruit-The resignation of Mr. Tsou Lin, Kwangtung Commissioner of Fin- are located about 13 miles north-ful.

Since the start of the current ance, was accepted by the Execu east of the city. Gold washing

Mr. Chang there was carried out mainly by Sino-Japanese hostilities, boatmen tive Yuan yesterday. primitive methods with primitive plying on the river and refugees Tao-min was appointed to succeed instruments and consequently, the from various places have been him. result was unsatisfactory. Since making a renewed attempt at gold the first days of discovery in 1912 up to 1939, the total output of gold in Sungpan, it is estimated, amounted to more than 470,000 grams. In recent years, the yield averaged about 500 to 600 grams dally.

OTTAWA, Apr. 30 (Reuter) Canada has pledged itself

The leather, suede hog caff, given finance the bulk of British pur-

the particular "fee and appear- chases in Canada, estimated at $1,500,000,000, declared the Finance ance of peccary hog which, for a Mr. Ma Huan-wen was appointed Minister, Mr. J. LIsley, in preamber of years, has been popular washing and their efforts begin to member of the Hopef Provincial santing the country's third war for gloves. Its silken touch made bear fruit Limited by resources. Government and Mr. Hung Sheng Budget yesterday. they can only operate on a very Secretary-General small scale. Usually, a group of 10 Provincial Government.

A National Government mandate to 20 persons pool their resources

of the Jehol

it unsuitable for shoes and after Speaking of Britain's difficulty many experiments the new leather which is stronger and harder in obtaining Canadian dollars, the

Shoes made from it fre now and form a unit to engage in gold issued yesterday relieved Mr. Lin Minister said that Britain's deficit Wearing has been produced.

in this connexion was $795,000,000, washing, using primitive methods Y-sheng, member of the Hapeh-

Declaring that it was unthink-being shown in the latest shades- and instruments.

Provincial Government, of his con-able that Britain should be unable Congo brown, powder blue. Varsity As a result of patient tabour current post of Eupeh Commis-to purchase vitally-needed supplies green, desert tan, Californian belge The favourite each unit an obtain from 3 ten stoner of Reconstruction, and ap- in Canaria because of lack of and new vintage.

pipings pastel shade said that Canada would meet such shoe with proportion of that total deficit as and fittings and a sole of creze

As a result of investigations car- ried out by experts dispatched by the Government last year. It has been decided that gold washing in to 8 fen of sand gold a day and pointed Mr. Chu I-cheng to serve Canadian dollars, the Minister style is a whole-cut semi-sporta Sungpan and the neighbouring at times as much as one chien areas be done as a joint govern- Averagely, the net profit for every ment and private enterprise. Active gold washer is about $2 a day.

in that capacity.

EXCHANGE

April 30.

meet by transfer of gold or United States dollars to Canada.

steps are being taken to realise Sometimes lucky persons chance HONG KONG STOCK Britain herself would be unable to

mass of gold grains the plan. With the engagement of to obtain a experts and the introduction of weighing over 10 grams. modern scientific methods the Because of the lure of gold, large amount of production is expected to be greatly increased in the future.

NOT FRUITFUL

numbers of people are swarming: the Tzu river valley. It is estimated that there are, now at least 20,000 persons engaged in gold washing

In Hunan, gold washing centres and a large company" has been chiefly in the valley of the Tzu-organised. Meanwhile, the Govern kiang, one of the four principalment is taking energetic steps to rivers in the province. It was first prospect and develop new fields attempted by farmers inhabiting and to improve existing washing the valley in the last days of the methods. (Central News)

FUKIEN'S FIVE-YEAR RECLAMATION PLAN

A five-year "reclamation plan entailing an expenditure of $2.000.- 000, has been drafted by the Fukien Provincial Government as part of the five-year economie reconstruction programme now being car- ried out in the province.

According to this plan, it is expected that from this year up to the end of 1945, 180,000 mow of waste land, representing more than one half of the total area of uncultivated land in the province, will have been filled and about 8.000 families will have settled down there.

RECEPTION. TO PANAMA

RETURNED CHINESE

Families to be migrated to the uncultivated regions will be of two kinds, those who pay their own expenses and those,, mostly war refugees, who are supported by Government expenses. It was ten- tatively fixed that only between 400 and 800 self-supporting families are, to settle down each year. The provincial authorities will provide removal expenses, seeds, fertilisers and farming im plements,

A reception was given at No. 79 Leighton Hill Road by Mr. Chow

The regions marked out for re- Chi-kang, Vice-Chairman of the Overseas Affairs Commission to a clamation are Tsungan, Chlenyang, number of overseas Chinese who Shaowu, Taining, Chlening, Tsing have been forced to return from lu and Ningyang in northwest Panama, as a result of the new Pukien. A superviser will be sta

each center' to give restrictions of the Panama Gov tioned in

technical guidance and 'to ernment.

Besides Mr. Chow, Dr. Li Shih- administrative work.

former Chinese chung

Charge D'Affaires in Panama, and Mr. Cheng Hwa-chiu, delegate to the

do

TEACHERS SENT Houses, roads and irrigation

National People's Congress from systems are being built in the re-

clamation areas. Teachers have been sent there to educate the settlers.

Central America, were also present. Mr. Chow, in the course of an address. revealed that he had

When the 180,000 mow of land already submitted a report on the has been cultivated, it is expected oppressive measures against Chin-that the yearly output will include ese adopted by the Panama Gov- 350,000 piculs of rice, 400,000 plculs ernment and the plight of the of sweet potatoes, 4,500 piculs of Chinese who have returned from cotton. 35,000 plculs of wheat, and that country to the Central au 110,000 pleuls of beans.

thorities with the recommendation that representations be made to the Panama Government,

He urged the Panama-re- turned Chinese to practice forebearance, saying that as soon as the current Sino-Jap- anese hostilities are concluded Chinese conditions. overseas

will be improved.

In addition, more than 8,000 pigs and sheep and 80,000 ducks and

| chickens will be reared and 4,000.- 000 tung trees and 800,000 fruit- bearing trees will be grown. Also there will be 300,000 mow. of forests. To meet the demands" of the settlers the provincial, government will establish a factory for the

Altogether more than 100 Chin- manufacture of farming imple- ese In Panama have returned toments for which $20,000 has been "Hongkong. Several hundred more allocated.(Central News).

are expected to reach here in the

near future.

n

STRIKING SOVIET

DECISION

According to the arrivals, there are about 3,000 Chinese in the Central American country, mostly hailing from Chungshan and Tol-

MOSCOW, Apr. 30 (Reuter) - shan. As a result of the new re-

future wil strictions adopted by the Panama No war ziaterials in Government most of them are be allowed

pass #1

to

transit

unable to carry on their business. through the Soviet Union under a If no effective steps were taken by decree signed by the Commissar the Chinese Government to cope of Foreign Trade yesterday, with the situation, they would all have to pack up and return.

WASHINGTON, Apr. 80 (Reuter)

Munitions, aircraft parts and accessories and machine-tools for making munitions and explosives come under the decree,

The transit of other goods is to

Colonel Lindbergh's resignation be allowed but only with special from the United States Air Corpaauthorisation or trade agreement. Reserve has been accepted by the War Department. Colonel Lind- bergh tendered his resignation,

following President Roosevelt's RIO DE JANEIRO, Apr. 30 (Reu- criticism of his Isolationist views, ter)--The German freighter, Na- The President described Lindbergh tal, from Hamburg. has eluded as a "copperhead" which is the the British blockade and has most deadly snake in the Uniter arrived at Santos with 260 tons of Atates.

cargo

BUYERS

Bank of East Asia, $70. Indo Chinas (Pret.) 580.

Hotels, $2.80. Lands, "$30.50, Ropes, "$8...

Entertainments. $6.25.

Lands, $33.

SELLERS

Trams, $16. Electrics "Rts." $14.

SALES

Providents, $4.60.

ARRANGEMENT WITH U.S. Mr. Tisley praised the new ar- rangement with the United States as a "magnificent contribution to Jour common struggle, not to ease

Engineering Science For War Purposes

the convenience of the Canadian LONDON, Apr 30 (Reuter) - people'

A "brain trust" has been formed

At the end of the scal year, at the Government's instigation Canada's balance of payments to aid engineering developments with the United States showed de- for war purposes. ficit of probably $478,000,000.

Canada's total war bill for the current fiscal year is estimated at $1,450,000,000.

This organisation win consider new methods, new devices and. means of using them quickly,

Other tasks will include improv- ed methods of utilising engineer- ing science for war purposes and

HONGKONG SHARE QUOTATIONS the best use of professional engl-

STOCK EXCHANGE,

Buyer Ballers.

$80

SHAREBROKERS'

Sontaal WEDNESDAY Buyer

30 APRIL.

H.K. Bank

Banks

$1325

9780

Da. Cal. Reg.)...

£70.

Do. (Lon. Reg.)...

ERA

Chartered Banki

$490

..

*:*:*

1: #!

::

$2,80

$33

21

£22 Mercantile Bk. "A"

Mercantile Bk. "C"

Bank of East Asia...

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

Insurances

#232 Canton Insurance...

$187

Union Insurances......

Underwriters

H.K. Fires...............

Bhipping

$135 Douglanes

Steamboate

Indo-Chinas (Pref.)... Indo-Chinas (Def.) .. Shells ......

$6.55 Waterbosta

Godowns, etc.

#60

40/7

$70

1-11

ASSOCIATION

neers,

..

Lord Hankey, Chancellor of the Duchy of Lancaster in the present Fallery Bomina Government and Secretary

m m

$1325

$420

£70

£88

to

Lloyd George's War Cabinet in the last war, will be the Chairman.

He will have the assistance of

278 the cream of British engineering.

229 HONGKONG

SHAREBROKERS'

ASSOCIATION

Volume of Business Transacted

on Wednesday, April 30, 1941.

HK. Tramways,

200 $15.80 The total value is $3.180.00."-

16 ct

$2224

80 cta

$187

$125

$90

$60

40/7

Docks, Wharves,

1851

H.K. &.K. Wharves.

BSBI

45

Providents

Mi

#15

HE. Docks (Old).

$15

H.K. Docks (Nox).

8251

1470

14/0

*8

8254 | +Shanghai Docks....

} Keilans

Raube

Mining

cte. Hong Kong Mines.....

Lands, Hotels and. Balldings

H.K. & 8. Hotale......

A.K, Landa.

1979 Do. 4% Debentures..

$15.70 Shanghai Lands....

$2.90 H.K. Realties.....

$6.70 Humphreys

Chiness Estates......

Cotton Mills.

8200 S'hai Cottons (8.).

Zoong Sings (8.).... Wing On Textiles (8.1 Public Utilities

H.K. Tramwayo.................... Peak Trams, (old)....

199

$38

Lwo (8.)

HAIT

***

$8

12.90

$32)

**

$974

333

SALES

THURSDAY, MAY 1, 1941. -PAGE

Product of Australia

TOLLEY'S Pure Grape BRANDY

AN EXCELLENT AUSTRALIAN

BRANDY

AT AN EXCEPTIONALLY

LOW PRICE.

"Obtainable at

all wine dealers.

Sole Agents:

DODWELL &

CO., LTD.

KIRIN

The

B

E

E

R

Choice of

The Multitude

H.

Tel. 20720:

Sole Agents :-

HONDA & CO.

40, Johnston Road, Hong Kong

PRE-PAID ADVERTISEMENTS.

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

HOUSES AND APARTMENTS WANTED.

HOUSES AND APARTMENTS TO BE LET. MISCELLANEOUS WANTS:

Announcements bot exceeding 25 Words are inserted under this beading at a Fre-paid

Rate of $1.50 for THREE INSERTIONS.

If Charges collected, $2.00.

FLAT TO LET Cement Concrete European Style House-1st floor No. 23 Ho Mun Tin Street, Kow- loon, 31 feet Wide, 125 feet Long. Apply to Compra- $6.70 Facing East.

dore, Mackinnon, Mackenzie & Co.. Telephone No. 21881.

WE OFFER HIGH PRICES for any amount

of gold articles, diamonds, silver, jewels, etc. No Tel. holidays. Apply China Building, 7th floor.

30727.

EURASIA GOLD REFINING - CO.

$38

$200

$125

$15.00

#18

#517

Peak Trama (www)........ Star Ferries.

$7) $31

#011

$233 'mati Ferris

$5 80

Chins Lights (0)........ $5.80

811 Xats. 825

China Lights

(New)

#14

HK. Electric (Rts.)

H. K. Flectrica (Old)... X.R. 24 H. K. Flectrica(New)...

-་

I.D. $17

812

823

DAL

830

Cald., Macg. (Ord) 8:

$25

Cald., Macg. (Prof.)8

- #1

Canton Ices.

$18

Cements

#15

$7

Macao Electrics (Old) Macao Electrics (Now)

Sandakan "Lights........ Telephones (old)...... Telephones" (DeW}******

Industrials

H.K. Bopesumm

H.X. Gövt. Louns $974% Loen

182%

#94 81%

(1934)

(1940). MiscellaneoUS

$17 Dairy Farms.........

Entertainments

$1.20 Constructions (old)..

Constructions (naw) ...

|Lane

ane Crawfords.... .... Nanyang Tobacco......

$2.16 Sinceras

887

Watsons

20 Ch. G.5% 1925G Bds

$30 ILK. Wing on

E'hai Wing Đội của

17.30, Vibro Piling...

0/2 | Marumatis. Inv." (Lon." Marumans Inv. (H.K.) Wm. Powella.

2/6

Lights Rta.

†Bala to Bhanghai

225

HOTELS

TEA DANCE

DAILY

WANTED KNOWN

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

·8234 of 6 months. For Term and Par- ticulars. Please Apply to:-Box $1.40

c/o HKDP No. 463 $74.60

$24

$13 65

WANTED TO BUY

WE PAY HIGH PRICES 23 for all gold and silver articles. $8.20 Jade diamonds, jewels, watches,

fountain pens. Apply Far East Diamond and Gold Refining Co.

75 eta. Room 621, China Bailding, 6th 16,

floor. (Store will open on Sun- days and Holidays).

$1.65 WE PAY HIGH PRICES for all gold and silver articles, gold bars, diamonds" and jewels, Apply China Gold Refining Co. $9.90 Pedder Building." 2nd four, Room 6,

#14

WANT ADS are Seen!

FOR JADED APPETITES!

REAL RUSSIAN FOOD

Tiffin. $1.20

Dinner $1.50

METROPOLE HOTEL

BUTTERICK

Expert Ladies Tailor

New Style Ready Made Dresses, Overcoats and Costumes

· FOR SALE. Wyndham Street.

ENGRAVERS..

Tel 23415.

FEI FEI & CO. Photo Engravers

18, Cochrane Street Telephone No. 22224.

AUCTIONEERS.

GRLATEST COLLECTION OF

BARGAINS IN TOWN!

KAARMELITES AUTON DOLM

EXCEPT MONDAYS 5 to 7.30 PM,”

Jimmy's

Help Your Friend and

his Hobby by giving

POSTAGE STARGA

his COLLECTIONS

his GARDEN

We can supply the goods of his and your want

GRACA & CO.

Dealers in postage stamps and garden Beeds eto

No. 10 Wyndham Street? Established 1895 HONG KONG

$7

97%.

944

General Agent:"Chan Che Kee

No: 4, Lyndhurst Terrace. Tel

26402.

#17

#71

$2.20

for

and

SEEDS for