1941-07-12 — Page 9

Daily Press 孖剌西報 All

HONGKONG DAILY PRESS

OFFICERING U.S. SHIPS: CORPS OF TRAINED MEN

BEING ORGANISED

At

The United States Navy is engaged in the most ambitious shipbuilding programme (ver undertaken by any nation peace. writes George Barrett in the New York Times. Hage ́hulls of fighting ships are shaping quickly in their skeleton cradles, even ay finished dreadnoughts and destroyers and other men-of-war put to sex months ahead of schedule. After an al- most 20-year lapse in naval construction, the country's goal in the development of a mighty Navy now comes fairly close to the combined constraction programines of all slx of the world's other major naval powers.

But bebind the scenes of warship construction, the Navy is also working quickly to or- ganize a corps of trained off- cars to serve on the new men- of-war. For in 1947, when the United States is expected to have 32 battleships and a total of almost 700 major warships, the Navy will need 36,000 off- cers to operate the huge fleet. This is 16,00 men in excess the total of officers now on ac- tive duty.

slons as ensigns. Last year about 6,600 young men were enrolled for the brief training, and almost 5,000. have been or will be commissioned As officers. The completion of the final phase, now under way, will make up most of the 10,000 officer shortage.

PRACTICAL VIEW

In culling the "cream students." who will be made naval officers in four months, the Navy is taking a practical view of the situation of supply and demand. And the pro- | 300 ENSIGNS A YEAR

blem of personnel is thereby solv. Annapolis, for years the tradi-'eð. But these 10,000 "unbridled tional training academy for the officers," who will help to make Navy, cannot cope with this task, the three-ocean fleet of tomorrow for the Naval Academy is graduat-ne of the greatest combatant : ing only about 300 ensigns a year forces in history, will And the The ROTC. units in colleges and going

tough sometimes. pretty universities, together with the For the young man enrolled in Navy's aviation cadel programme. this intensive programme is ac are not expected to supply more tually an apprentice seaman for than 400 officers annually, or one month and a Naval Reserve total, with the Naval Academy, of midshipman for the final three less than 5,000 by 1947.

months.

FINANCE & GENERAL

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE:

SHAREBROKERS/ ASSOCIATION

Викм Batter Sales Komios)

FRIDAY

11 JULY.

Banks

$1300

1390

288

281

223

874

$225

$295

8:00

$188

$120

$80 870

$5.95

Underwriters

Buser Sellers

Boron

$1300

!!!!!!!

$226

8400

$400

76 cte.

1.K. Banks..........

Do. (Col. Reg.).... Do. (Lon. Reg.) Charte ad Bank ..... Mercantile Bks. "A" | Mozcantile His. “C” Bank of East Asia.... N. U. & 8. Bauke...... Insurances

Canton InsuraDEGE........... Vajon Insurances.....

H.K. Fires,

Shipping

Douglases

Steamboata

Indo-Chines (Prof.)..

Indo-Chinos (Det.)

Shells

$6.55 Waterbosta

Docks, Wharves,

Godowns, etc.

H.K. & K. Wharves. Providents

$724

17 et

H.K. Docks (Old).......... || $15,80|

H.K. Docke (New).....

#301 +Shanghai Docks..

45/0

$6

$6.86/90...

$15.70

+

I

Maing

12/6

Kailane

38

Bathr

1ota. Hong Kong Mines.....

Lands, Hotels and Buildings

B.K, & 9. Hotela.... H.K. Lands........ Do. 4% Debentures. #18 10 Shangha Lands.

H.K. Realties. Hamphreys..... Chinese Estates.

Colton Mill.

$41 Ewo (8.)

$3058'hai Cottons, 18.1.

$2.70

$3.60/165

#351

#3+

$6

101

$6.86

***

:: !

H.K. Stock Exchange

There has been much activity during this week and the market has not experienced the like for quite a year. Business has been brisk, the volume increasing daily and prices have joined in the general cheerfulness

Hongkong have bad a 40 point rise from $1,350 to $1,380, shares changing hands at the interme- dlate stages. Providents have been traded in big chunks from $183 $5.67) to $6. Hotels have appreciat- ed from $3 to $3.80, Lands $344 to $354-at this there are sellers.

$120

--

880

B00

48/10

Bo

$90 $5.85/20...

$30

12/6

$7.80

Trams $17.10 to $17.60, Old Tele- phones $221 to $23.10, Ropes $8.15 to $9, Dalry Farins $184 to $194. Old Lights have kept steady around $6, Docks have given way to $15 70. but the pressure was not real, De- mand for heavy investments con- tinues, quotations have hardened but there is a lamentable dearth of scrip

BUSINESS DONE DURING

THE WEEK..

H.K. Banks $1365, $1370, $1390 Canton Ins., $230.

Union Ins, $305, $400,

SATURDAY, JULY 12, 1941. —PAGE |

BLACK & WHITE

gt's the

FoDa

( BLACE)

SCOTCH WHIÉRY

"BLACK & WHITE"

S

PENCE OLD SCOTCH W

matalans th

TO WHAT

Scotch!

Providents, $53. $5.80, $5.85, $5.90. CHINESE PRODUCTS | HONGKONG

$3.

Hotela, $8.324, $3.36, $3.40, $3.60,

$3.65, $3.80.

Lands, $24 $344, $34.60, $35,

$351, 8353. Trams, $17.10, $17.15, $171. $17.60,

$174. Lighta (0), $6, $5.95, $5.85, $6,

$6.05, $8.

Wharves. $90.

$3.00 $35.35

$3.65/60...

Docks, $16.70.

1973

#3)

$6,40

Zoong Sings (8)..............

Wing On Textiles (8.

8424 $265

$121

Pabllo Utilities

2174

$17.00

H.K. Tramwaya.

$17.6A

87

Peak Trama (old)..

971

Peak Trams (new)........

#638

Star Ferries..............

or

$22

I'mati Ferties..

$221

$6

China Lights 10...... $0.95

$1.35

81.40

I.R.

$21 $11

#11 30

Even allowing for the call to The first month of the four active duty of additional reservists months' course is regarded as pre- and retired officers now in ctv, liminary and is comparatively easy life, and also

for the proposed because it is not generally consi- change of the Naval

Academy dered a part of the main training course from four to three or three, course. Last year, for instance, and a half years, It will still be the first month was spent entirely necessary for the Navy to train at sea aboard Н battleship elsewhere at least 10,000 new off-cruiser, to "break the boys la" to cers,

With

the ways of the water. This year the initial 30-day period will be spent in a similar indoctrination course" on shore, because the Navy $18.20 can spare no ships at this time for training purposes. These candi

FINEST IN WORLD

the traditional efficiency and thoroughness that has made the service equal to the finest in the world, the Navy has quickly cleared the decks for "action-ac dates temperamentally unsulted to tion speedy that within this year some six to seven years be- fore the three-ocean fleet will be completed) those 10,000 officers) should be in uniform!

the service will be weeded out in the first thirty days.

ARDUOUS PERIOD

officers But after the 30-day trial is

over, the future admiral who start

25

2

As from May some 7.000 college'

up the long and, for the non graduates between the ages of 20 Annapolis man, particularly diffi and 27 are to be enrolled in cult ladder of Blcer promotion four-month intensive course, from will find that his three months which about 5,000 are expected to of basic instruction

Inid- graduate and to receive commis shipmanı will probably make the most arduous 90-day period In his life. Whether he attending school aboard the old bulk of the battleship Prairie State in New York. or North-western University in Chicago, Di the special Course at the Naval Academy in Annapolis, he will look with healthy respect and excusable pride upon that blue uniform bedizened with gold.

American Declaration Of War Urged By N.Y. Post

NEW YORK, July 1 Reuter-

Upon the completion of the four months' course the Naval Reserve midshipman is given a Reserve en- Most of the

A New York Post editorial calls sign's commission.

on the United States to declare midshipmen, however, because of war Immediately

many.

against Ger- the emergency and the need for trained officers, are being enlisteri fact is into active duty with the fleet.

"The United States In in the war already...we are in the war because we stand fate.! fully, in the path of a war-maker bent on world conquest, to whom our very existence in freedom 1g a teunt.

in

$16

거보

8944

$19

X.D.

Chias Lights (New). X.Rts. 1991 B. X. Flectrice (Old).. 82

B.K. Electrics(New).......[ #214

$186

+++

$23/23.10

$D

**

D

H.K. Electric (Rts)

Macao Electrics

Macao Electrics

Sandakan Lights.....

Talephones (new).....

***

Telephones (old).................. @za

89.10

Industrials

Cald., Maog. (Ord.) B

Canton Icm.

H.K. Ropes

H.K. Gork Loans

$30

$26

Cald., Muog. (Prof.)8

登入

Cementa

Entertainmenta.....

$1.60 Constructione (old).

$2a/ 23.05

$9

7b ots.

$14.80

$8.80

0737.

944

F

Electrics (0) X. Rts., $221. Electrics (N), $21).

Electrics Rts., $111, $11.30. Macao Electrics, $18).

Telephones

$23.10

(0).

Telephones (N), $9.

$23.

EXHIBITION

After more than two months' preparation, the Chinese Products) Exhibition Gallery on 2nd Floor, 8 Queen's Road, Central, wil be formally inaugurated on August 1.

Samples of practically all Chi- nese manufactured goods will be

SHAREBROKERS'

ASSOCIATION

Volame of Business Transacted on Friday, July 11, 1941. SALES

China Lights (N)

display on the gallery which ts China Providents

Jointly established by the Chinese Products and Industrial Society. $23.05, the Overseas Chinese Economic Reconstruction Society and the South Seas Industrial Company.

Ropes, $8.30. $8.40, $84, 88.80 $0. Watsons, $103. $10.85, $10.90.- Sandakan Lights, $124.

Douglases. $120.

Realtles, $3.35.

Lights (N), $1.45.

Dairy Farms, $194.

BUYERS

H.K. Govt. 4% Loan (1934), 94.

HK Banks, $1390.

Bank of East, $74.

Canton Ins., $225.

Union Ins., $395.

H.K. Fire Ina., $185. Indo-Chinas (Pref.), $90. Indo-Chinas (Det.), $70.

Providents, $6.

Hotels, $3.70.

Lands, $354.

$974% Loan

131%

(1024)

$94

81%

(1940).

Miscellaneous

Dairy Farms..

#19

$1.06

$1 Constructions (new)..

Humplireys, $64.

16.45 Lane Crawfords.

18.45

Sinceres

Nanyang Tobacco.

$3,60

Trams, $17.40.

$2.40

724

Watsons

Star Ferries, $53.75.

$10,90

$42

Ch. 0.5% 1925G18-

Yaumati Ferries. $22.

38

Bag A.K. Wing On.....

$49

Lights (0), $8.

B'bai Wing On

$14

Marsmans lov. (Lon

$7.20 Vibro Piling

5/7

3/1

Maramsus lny, (H.K.

$1.20 Wm. Powells...

*ள்

Lights Rts...

+8sle to Shanghai

THE EYES

TELL

CHICAGO.-The next time you

MADRAS COIR INDUSTRY

Chinese Estates, $101.

Lights (N), $1.40. Electrics (N), $21. Electries Res., $11. Macao Electrics, $18.30. Telephones (N), $8.90.

Cements, $15.25. Ropes, $8.75.

Wm. Powells, 31.30.

SELLERS

Providents, $8.15. Lands, $36.

Trams, $172.

Cements, $16. Watsons, $11.

SALES Douglases, $120. Providents, $6. Hotels, $3.65/80. Lands, $031.

Trams, $17,80/17.50. Lights (0), $6.

Lights (N), $1.45. Ropes, $9.

Dairy Farms, $19,25,

500 $ 1.40 500

1.45

1,000

6.00

500 6.00

Cements

500

15.00

500

15.26

H.K, Tramways

200

17.00

100

17.50

H.K. Hotele

500 3.76

HK, Realtys

500

3,36

Ropes

100

8.80

Yaumati Ferrles

300

22.89

5,000

The total value is $37,510.00.

JAPANESE PLANES RAID FOWLIANG SOUTH ANHWEI, July 11 Con- tral) Three Japanese plaries Faldus Led Fowllang (Chingtehchen),:: famous porcelain-prothicing centre. in north-east Kiangsi on July 8. They dropped six bombs, wound-- ing a etvillan and demolishing six houses.

A single Japanese plane recon- noitred over Hweichow in south Anhwel near the Cheklang border and distributed handbills on July

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

Bate of $1.50 for THREE INSERTIONS.

Authoritative information from play poker watch the fellow with Madras shows that owing to ordera AGRICULTURAL steady eyes. In more serious from the Supply Department of the matters, look for that kind of eye Government of India the coir in- UNIONS

the person you suspect of dustry is now restored to its nor- "Our fortunes as a nation or

deceitfulness or lylus.

maj prosperity.

FOR SALE-One 90% new Wes- pend, and

CHUNGKING, July 12 (Central) we set ROW they de-

This goes contrary to the cum-

ton Exposure Meter Universal Unemployment prevailed in the Model No. 650 both for movies and pended from the start, on the out

In addition to model labour mon belief that a ueceitful per industry some weeks owing to the still pictures, in excellent condi come of this war.

unions, the Ministry of Social sons has shifty eyes. Tests by Dr. lack of shipping, but the Travan- tion "We have no choice today be. Welfare is planning the establish- Frederick

Berrien,

dead-beat accuracy. Colgate tween war and peace. We cannot ment of model agricultural unions University psychologist, snow that prompt measures for relief work to 16mm. movies and night pictures core and Cochin Government took Used only a few times for taking choose immunity IOT ourselves which will seek to promote wel- about 76 per cent. of ordinary the extent of an expenditure of Rs. with extremely beautiful results. trom the common desolation. fare for the farmers. Their work persona steady their eyes Wier' Our Alternative is delaying: noth- will include rural social reforms, trying to deceive.

ing more.

K

education, reclamation, promotion Forty persons have taken the **This is опт war. We must of co-operative enterprises, estab- testa. Half of them committed à fight. There i

jishment of granaries, development, "laboratory crime. no honesty in

The other asking the British to give their auxillary agricultural pursuits, half were innocent, lives while we only supply

public amusement.

The crime conglated either of tools."

America's entry into the would "circle out as a tidel to the ends of the earth.” the New York Post

tho

with

600,000 and made arrangements for will sell for H.K.$50. or nearest the distribution of rice, the price offer. Please reply Box No. 345, of which had risen by 40 per cent. H.K.D.P.

Alarmist statements regarding!

the economic situation in what is known as the Kerala Area are quite

WANTED TO BUY.

Such unions will be first formed killing a rat in the laboratory or unfounded, and although the de- WE PAY HIGH PRICES In Chungking, Chengtu, Lochan, aneating out to commit a fioti pression in the coir industry die wax

Neiklang and Wanbsten In Sze-tions burglary. wave chwan, Fukien, Cheklang, Hunan,

cause dificulties, the land revenue for all gold and silver articles. Jade, diamonds, jewels, watches, Both guilty and Innocent were, was colected as usual. Honan, Kwelchow, Kwangel and questioned as suspects in one or The return of the industry to fountain pens. Apply Far East Shengi will each dealgnate a halen the other of the misdeeds. They normal conditions is generally wel-Diamond and Gold Refining Co., where the unions will be formed. were quizzed while in front of an, comed

ophthalmograph, an instrument

HONG KONG TIDE TABLE From 12 to 18 July 1941.

High: Water.

Day of

Days of

Month.

-Hong

Kong

Standard

Height.

ARY

Height.

LOW WATER

Hong

Time

Kong Standard Time

[ 15. Π

Sat, 19-

00 20

45

04 33

13 0

11 17

8 D 18 00

Sun. 19.

Mon: 14

0111

48 00 17

11 62

6 4 18:40 1

01 48

40

06 00

a 3

12 24

19 24

68

3994

Tues, 15

09.33

47 07 05

3

Wed. 10

03 91

4.008 20

1451

4.6 10-48

Thu. 17

0411

10 13

10

EAST KWANGTUNG

which makes a photographic re- cord of eye movements.

While answering questions this, they again fixed the eyes steadily suspects were instructed to fix on the point, while the ophthal- their eyes on a black point onmograph once more recorded the

FIGHTING CHUNGKING. July 11 (Central white card and to hold the eyes-as Following the recapture of Fen- steady he possible. shlukwan on the Puklen-Kwang- tung border, the Chinese continu-.

NO BETRAYAL

movements

Room 621, China Building, 6th floor. Sundays and Holidays open.

WANTED KNOWN

This time there was a diference Experienced Book-keeper” Wante between the deceivers and the Students to form a clan, Guaran- truth tellers, in about 77 per cent. tee students to keep a whole, set of MARK MAT books after completion of a course

Metrokken eyes were not mily steadier birt

ed to press westward. On July 8 The involuntary eye' movements of the trials. they recaptured Sinchuen, cast of while answering questions, whe- The deceitful people kept them of 6 months. For Term and Par- Wongkong, 90 miles east of Bwa-ther bluffing or truthfully, show- even more bearly steady during ticulars. Please Apply tox tow on the castern Kwangtung, ed nothing that would betras the silent minuts. The "Hars' " No. 483 0/0 H.K.D.P. coast, infitating many Japanese New casualties..

! But the clues appeared when showed inse variation from their The Japanese in occupation of after the questioning, the suspecta movements during the question- Wongkong sent a column of about were subiroted to one minute's head 1,000 to make a northward thrust silence. Before this' minute tuerkno purpose of the experimenta Bir sy to Tengtaihu and Fowshanhu, were given one w minute to rent la to learn whether the ophthal- 0404 5.4 114 |3 3 meeting" "with" stubborn Chinese their eyes,

amogradh, may be standardised a 1719

49 19 130 rgistance.

Then for the following minute a la detector

AT

Jimmy's

If Charges collected, $2.00.

WE OFFER HIGH PRICES for any amount of gold articles, diataonds, silver, jewels, etc. No holidays. Apply China Building, 7th floor. Tel. 33248..

EURASIA GOLD REFINING CO.

FOR JADED APPEITTES!

HOTELS

REAL RUSSIAN FOOD

Tifin $1.20

· Dinner $1.50-

METROPOLE HOTEL

AUCTIONEERS

ARRAREN 2 CAREFU TON D

BARGAINS IN DOWN:

LAMMEREN VELLIN BOO AN

· ENGRAVERS-

FEI FEI & CO. Photo Engraver. 16, Contrans Bizoes. Telephons NB. 1954.

TEA DANCE DAILY

EXCEPT MONDAYE

5 to 1.30 PM

Jast Received FRESH SUPPLY

of the best

varieties of

RELIABLE & TESTED FLOWER AND VEGETABLES

SEEDS

from

Sutton & Sons Lid., Heading

CO.

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