1941-05-03 — Page 9

HONGKONG DAILY PRESS

PLANS FOR ARMS PLANT

IN THE P.I. OPPOSED

The establishment" of a munitions plant in the Philippines at this period of the Commonwealth is considered impractical and unprofitable by some military authorities, reports the Manila Bul- letin. This is the conclusion concerning a measure filed in the National Assembly and presently under consideration by the com mittee on national defence.

As an

alternative, .. they urged, by any enterprise conducted · pr Instead the extablishment of an private individuals.

assembly plant which is more. The proposed munitions plant

FINANCE & GENERAL

Finance and

AMERICAN TIN

Commerce

THAI-N.E.I.' [CHUNGKING

WITHHELD FROM ECONOMICS & PROVISIONAL

PORTUGAL

it

practical, less expensive and less would make the Philippines serr- Outlook Black For

suficient in its military needs. This plant would not manufac- In the event of war, it is pointed ture munitions in the sense that it mat, the Philippines would face would convert raw materials into the danger of a naval blockade finished products. The plant cutting off the army's supply of would be utilised only for assem- munitions bling the 41ferent parts of the Military authorities, however, various ordnance requirements. pointed out that this venture is not practical under present con- ditions.

LESS COSTLY

"be the case 'If we were to continue

buying finished munitions."

THE REASONS

They rare the following

rea-

Sardine Industry

ན

..

do

About SHANGHAI M.C."

BATAVIA, May 7 (Reuter) — "I'

not

anything know Thailand recognising Japan's

Teadership in the so-called New

Order of Greater East Asia," Government Attitude declared M. Vilas Osatanada, That Defined By Official

Minister "without Portfollo and Direct-General of the Thai Pub-

city Bureau in hero yesterday.-

I

-

attitude

SATURDAY, MAY 3, 1941. —PAGE 9

No Excuses

There's no need to make excuses för insisting strenu-. 'ously on "BLACK & WHITE”. The fact that you do insist on it is a tribute to your judgment. *BLACK & WHITE" never fails to give complete satisfaction.

"BLACK&WHITETM

COL (1)

Keich Walter'

"It's the Scotch!"

DODWELL & CO., LTD.

Queen's Building.

Tel. 20686

HONGKONG HIGH QUALITY ARMOUR PLATE

SHAREBROKERS“

ASSOCIATION

LISBON, «May 2 (Reuter) -ERG-

CHUNGKING, May 2 (Central) interview-Rumours that the Chinese Gov- cause no "satisfactory guarantee exists" that the tin will not. And

ernment has given "tacit recogni- M. Csatanada arrived in Bata- tion" to the so-called Provisional its way to Germany, supplies from America vital to Portugal's sardine Via yesterday by plane from Bang- Shanghai Municipal Council were industry are withheld under the kok

categorically denied by a spokes-, Els visit is mainly connected man of the Ministry of Foreign export licensing restrictions.

The sardine season began yes-with the economic discussions be-Affairs yesterday with interviewed "The operations of, an assembly

terday but as many factories have tween Thailand and the Nether by the Central News plant," it was explained, "is sim-

Indies," "particularly pler and less costly. While we

unly one week's supply of tin, this lands East

The spokesman said that the to increasing Thai- vital industry, valued at well over with a view

Chinese Government's would still have to import muni-so

and vis-a-vis the Shanghai Municipal tions parts and accessories from 1. Twenty million pesos is the £2.000,000 annually, is threatened land's exports of rice, teak

salt-h to the NEI. and her Council issue was made known in. the United States, we could lay minimum capital necessary to put with rein

Consider- up a munitionis factory.

Britain is unable to supply tin ports of sugar from the NEI

the statement issued by Dr. Wang, in enough stock to take care ot

Regarding Japan, M. Osatanada Chung-htt, Minister ing the falling revenues of the but granted navicerts long ago. any threat of aggression..

of Foreign Factory workers have already stated the relations between Thai- Afairs, on April 19, which clearly i "The result is that we will get

this project will be government,

spent five months in virtual idle-land and Japan is closer since painted out that neither the set- more for our money tha would unwise under present conditions.

2. The local market is not ade, ness and the employers are facing Japanese mediation in the Thai- |ting up of the 'Provisional Council') quate to take care of the outmur bankruptcy as they are compelled land-Indo-China dispute but the nor the modification of arry Clauses to of the Land Regulations has re- maintain traditional and good received the approval of the Chinese Thal Government also wished lations with other countries ac Government." carding to her policy based

The spokesman declared that strict neutrality.

since the 'Chinese members to the

High quality armiour plate Is be- "Provisional Council" were not he made for the first time in elected by the Chinese Ratepayers' Canada in preparation for the Association in accordance with the large scale production of tanks in regulations, it is obvious that the the Dominion, Hon. CD. Howe, Chinese Government capnot ac-Minister of Munitions and Supply,

revealed. cord recognition.

While tooling-up is progressing TWO OCEAN NAVY rapidly in the shops where the WASHINGTON, May 2 (Reuter, tanks are being assembled, Ontario -The Two Ocean" Navy Bill pass-steel mills are, busily engaged in producing the required.. armour ed the Senate yesterday.

plate and armour plate castinga. The Bill, which Now only

Construction of a tank involves nada for two types of tanks, and at." awaits Président Roosevelt's signa- SHAREBROKERS' ASSOCIATION ture to become law, provides for the assembly of some 200 separate least ten companies will parti a naval expenditure of $3,415,521,- pieces of armour plate, all shaped cipate in the armour plate opera- and machined, which range. lations. All major parts except the Woralna 750.

thickness from an eighth of an engines and transmission will be fnch to several inches, and to made in this country, including Telegrams in Gaelic offer no weight from six pounds to more the guns. #1398 difficulties to operators of the than a ton.

#

the of a munitions factors. The big-to pay the regular staff three days

a week whether they work or not.

Casual workers receive nothing. Fishermen regard the outlook as black

The province of Algarve, the

already spent the misery."

8. Afsble. To achieve this end.jing the measure authorises the expro-

winter

ori

M. Osatanada intends to visit

A measure authorising" ecretary of national defence to gest consumer of ammunition is establish munitions plants in the the Philippine Army, all others Philippines has been filed in the being negligible. In other words, National Assembly by Assembly the operations of this factory will men Manuel Alzate and Valentin not be profitable or self-support-most southerly in Portugal, has Borneo shortly after which he will proceed to Singapore to discuss shipping matters before returning to Bangkok, RICE CONFISCATED of high quality hoarded by un- CHANGSHA: May 2 (Central)-scrupulous merchants for profiteer- General Hsueh Yon, Chairman of ing be confiscated and sold at a the Hunan Provincial Government, reduced price to relieve the short- has ordered that 5,000 shih of rice age in the market.

SPECIALISED WORK

HI

priation of lends necessary in the 3 Technical and skilled labour construction of plants.

The sum of P5,000,000 la appro- essential for the operation of the factory, is lacking. Making muni- priated to start the project. The

tions Isa authors of the bill are careful to

difficult and highly specialised, work. emphasise that this amount is an Initial outlay only and that more funds will be appropriated later.

·BLOCKADE DANGER.

4. Acquisition of machinery and tools is hard in view of present world conditions. What excess

machinery is turned out by Ameri- HONGKONG SHARE QUOTATIONS

As provided In the bill, the jean manufacturing concerns Will STOCK EXCHANGE, munitions factories would be con- be, gobbled up by Great Britain, structed. established and operated Canada and other countries solely by the government and not gaged in war.

Maple Syrup CONTINUATION

Harvest

Each spring approximately 50,000 farmers in Eastern Canada tap the sugar maples to garner a

crop worth between four and five mil- llon dollars. reports the Depart ment of Mines and Resources.

OF DAYLIGHT SAVING

"But for

34

en-

Bayarj Galler

Salex

Nomics?

the continuation "of

daylight saving in the principali centres of central Canada thiy winter, there would have been a considerable shortage of power,"

$70

Last year, despite a rather short sald Hon, C. D. Howe, Canadian and late season, Canada's produc-Minister of Munitions and Sup880 tion of maple products expressed ply, in reviewing the efforts of his to 3,099,000)Department to provide suficient syrup amounted gallons, an increase of 20 per cent. power forwar Industries. "The over 1934.

B

Syrup accounted for 88 per cent of the crop, and the remaining 11 per cent. was made into sugar Taken during the interval between

winter peak has been passed. The power needs of industry have been met without restriction-but the margin of surplus power, particu- larly in certain regions, has been

narrow,"

war plants

woods work. and spring seeding. The commencement of 'opera- this opportune harvest brought tions at various new welcome revenue to many of the has necessitated negotiations with farmers at a time when the neces-the

power companies over the sary work could be done between terms and price of

Dower for other activities on the farm.

these industries. These have been, Canada is now the greatest pro- and are being settled satisfactorily ducer of maple sugar and syrup by negotiation between the Power in the world, the only competitor Controller and the power com- being the United States. Records panies. It is a tribute to the in- show that in 1913 the Dominion's dustry that the Controller. has not outpш was roughly one-third that of the United States, but ders," since 1938 Canada's production has been one-third greater than that! of the United States.

GO TO U.S.

of been called upon to issue any or

the Minister's statement

said.

MORE FLEXIBILITY Additional Inter-connecting ar- rangements have also been com- pleted in order to provide more Practically all of Canada's ex-flexibility in the supply, and to ports of maple products go to the assure that power would be avail- United States, shipments of maple able in the areas where it is re- syrup in 1940 amounting to 275,725 quired

Esilons valued at $449,227, an in- Following. the arrangement for crease of 33 per cent. in volume the replacement of electric bollers

boilers t over by steam

Industrial and 84. Der cent. in value

plants in order to relcase more. 1939.

power to industry, a large amount Maple trees are tapped in On of power has already been releas tario, Quebec, and the Maritime ed by this means for war purposes, Provinces, but the industry is cen- and more is continually being tred in the Province of Quebec, made available. The power com- which produced 80 per cent. of the panies and the Controller are in maple syrup and 85 per cent. of continued collaboration looking the maple sugar made in Canada towards the increased generation in 1940. This important industry of power.

appears to be organised on a sound By these various means there is basis, and the consumer now buys assured an additional supply of with confidence.

many hundreds of thousands of By means

horsepower to of control laws and additional

meet official marketing grades, the next year's peak load; but the "mixers" who so bedevilled the official atatement nonetheless market in times past have been points out that next winter it may dealt with effectively. Finally, re-be necessary to employ further search workers by developing new measures restricting power and atin more delectable maple-sumption in order to have abun- dant energy for the war industries. sap derivatives are creating a widening market for maple pro ducts.

$1.60

DOPE UP

*!!!!

+

FRIDAY 2 MAY.

Banks

81385) H.K. "Baob

278

Do. Col. Beg.)

£71

Do. (Loa, Beg.)

Chartered Banks

£11

Bager

RA

282 Marcantile Bku. "A"

Mercantile Bka. “

Hank of East Aria.... $70

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

12224 Canton Insurance..... $420 Union - Insurances......

31

Underwriters

$187

H.K. Firs...........

Shipping

ID.

$185 Douglases

$81

Steamboats

Indo Chines {Prof.).......

660

Indo-Chinas (Def.}

40/7

Shells

$6.65 Waterboste

Docks, Wharves,

#:

32.80

#31

!!!!!.

*

}

Godówas, etc.

(854 | H.K. & K. Wharves.....

**

Bater

£78 Canadian National Telgraphs in £70)the Maritime Provinces of Canada,

EB 11/18 because most of them "have the

SPECIAL ALLOY

Volume Of Business Transacted on Friday, May 2, 1941. SALES

China Lights (0) H.K. Docks ELE. Electrics (0) X.R. 200 Nanysings

The total value is

||

200 $535 100 14.85

24.40 110 4.05

610 $7,980.50

Several tanks have Been built in Canada so far for test purposés. €22 Gaelic," as they say. Naturally, which demands unusual

The steel is of a special alloy These include a new model which care nis distinctively Canadian in every such messages must be written in heat treatment and processing. respect,

has a which the everyday characters of the Because of its toughness, it is not Canadian-built engine. This "tank English language. Gaelic ią freely

£11

*

-15 t

and

$328 spoken throughout the sea-washed easy to machine, and about 15,000 was designed by engineers of the man-hours are required to mach- Department of Munitions and $420 provinces, particularly in Cape ine and assemble the armour plate Supply and the Department of 80 cts Breton Island where the Macs are for a single tank.

National Defence, and is now un- Orders have been placed in Ca- der test.

as numerous as present day Scots

$187

in the Ancestral Highlands.

$125

+L

#71

380

860

41/3

44.

$851

Providents ---

$15

H.K. Docks (Old).....

$15..

H.K: Docks (Now)...........

620

+Shanghai Dock.................

$261

Mining

14/0

14/0

38

Keilane

Raube.

¡1) eta

Hong Kong Mine...................

Lands. Hotels and Buildings

H.K. & Hotel....... H.K. Lands

$97+ Do. 4% Debentares... $12.70 Shanghai Landa....... $2.50 H.K. Realties.

16.70 Humphrey

$99

Chinese Estates.........

Cotton Mills

#381 Ewo (8.) ..... $200

S'hai Cottons (8.)... Zoong Rings (8.)...... Wing On Textiles (8.) Public Utilities H.K. Tramways........................ Peak Trame (old).... Peak Trams (now).... Star Ferries.

#321

PRE-PAID ADVERTISEMENTS.

The following class of idvertisements 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 THREE INSERTIONS.

If Charges collected, $2.00.

$2.90

TO LET-Unfurnished from ist June. 300 The Peak Six roomed $971 house in Bluff Path, Fifteen minutes from Tram. Reasonable Rent. Hastings & Co. Marina

No

WE OFFER HIGH PRICES for any amount of gold articles, diamonds, silver, jewels, etc. holidays. Apply China Building, 7th floor. Tel. 30727.

EURASIA GOLD REFINING CO.

$3

$6.70

House.

$38

$200

$125

$18.80

-

831

$18

bit

$23

'mati Ferries.

China Light

(0

$5.80

#11 China Lights (New).

XRt. 25

H.K. Electrics (Old)... XR. 824H. K. Electrics(New)...

$1.40 $24.60

$24

$14

E.K. Electric (Rta)

$13.65

17

$13

$30

Macro Electrics Macio Electries

Sandakan Lights........

Telephones (old)......................

Telephones (WW)............

Industrials* Cald, Mang. (Ord.) B.

125 Cald., Macg." (Pref.)

Canton Iconkats Cements

$1

115

H.E. Rope

397

HE Gert. Laana

4% LOED.

1941-31%

304 81%

+

(1984)

(1940)

Miscellaneous

#17 Dairy Farma.

Entertainmenta

$1.60 Construction (old)...

Constructions. {DOW).

con-

#71 Lane Crawfords....

89.15 Binceres

Notwithstanding the trend to-loyous message; "Sap's running" wards greater commercialization, As much as ever, old and young the ancient industry still retains alike love to frequent the sugar its alluring and romantic side. camp on these mild spring days to Not even the return of the birds is Įtaște anew the varied Joya of a more redolent of spring than the "sugaring-off' party,

Nanyang Tobacco...

28 Ch. G.4% 19250$BA«.

$29

I.K. Wing On

8'bai Wing On

17.20 Vibre Piling

6/3 Maramana Inv, (Lon;)

9/8 | Karimam Inv. (HK) $1Wm. Powella..............

Lights Rta...

Bale to Bhanghai.

!་བ༔ཎྜ

231

HOTELS

WANTED TO BUY

WE "PAY HIGH PRICES for all gold and silver articles. Tade diamonds, jewela, watches, fountain pens. Apply Far East $23 Diamond and Gold Refining Co.

Room 621, China Building, 6th | floor. (Store will open on Sun-| days and Holidays).

General Agent: Chan Che Kee No: 4, Lyndhurst Terrace. Tel 20402.

WE PAY HIGH PRICES

for all gold and sliver articles, :

FOR JADED APPETITES!

REAL RUSSIAN FOOD

Timin: $1.20

Dinner $1.50

METROPOLE HOTEL

BUTTERICK

Expert Ladies Tallor

New Style Ready Made Dresses,...

Overcoats and Cortazper FOR SALE

75 ots gold bars, diamonds and jewels. 16, Wyndhàin Street. Tel. 23815

Apply China Gold Refining Co. Fedder Buliding, 2nd floor, Room 6.

-WANTED KNOWN

Experienced Book-keeper Wanta $171 Students to form a class. Guaran- tee students to keep a whole set of $1.65 Books after completion of a course of 6 months. For Term and Par- ticulars. Please Apply to:-Book No 463 elo H.K.D.P

ENGRAVERS

FEI FEI & CO. Photo Engravers

18, Cochrane Street. Telephone No. ZZZZA,

AUCTIONEERS

TEA DANCE DAILY

EXCEPT *** MONDAYS

5 to 7.30 P.M.

EAT

Jimmy's

Help Your Friend and his Hobby by giving / POSTAGE STAMPS

for

his COLLECTIONS

$7

$290

32.30

$9.20

and

WANT ADS

ORE SURE!

JAMMERT'S SOLIDAN BIOM AL

SEEDS

for

his GARDEN

We can supply: the goods of Ki and 'ydut want

GRACA & CO.

Dealers in postage stamps, and garden seeds etc.

No. 10 Wyndham střéet. Established 1896 TỪNG KING

GRGYBNÍ

COFFEE FON BARGAINS IN DOWNI

Fut