1941-08-21 — Page 8

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HONGKONG DAILY PRESS

JOINT DECLARATION CHARTER FOR POST-WAR RECONSTRUCTION

CHUNGKING, Aug. 20 (Central)-The Anglo-American war aims constitute a good charter for reconstraction of the post-war world, commented Dr. T. F. Tsiang. Secretary General of the Executive Yuan, at a Press conference.

As Government spokesman, Dr. Talang said that although "Nazi Lyranny" is mentioned in Point Six of the Roosevelt-Churchill jint declaration, a careful reading of the full text indicates unmistakaby that statement is applicable to the entire world. He added that though several wars are raging in different parts of the world, they are in tart one wer

Dr. Tsiang emphasised that there must be a programme for recon-

MENZIES WARNS struction of the post-war world

AUSTRALIANS

SYDNEY,

Aug. 20 (Reule

not two separate programmes, He called attention to the following three points: no territorial changes, respect for the right of all peoples

A warning to Australians against to choose the forms of government complacency and

slackening

of they desire and equal enjoyment! effort, and a declaration that the of trade and access to raw material, war would be a task years long These, if realised, will give unli WAS uttered by the

Australian mited opportunities to all nations Prime Minister. Mr. R.G. Menzles. despite the difference u size of the economical and cultural ex- addressing busi yesterday when

pansion. nessmen.

Warmly praising Russia, he said. "Thank God for what the Russian

doing And Army has done, i going to do."

is

Praling Government control of prices, profits and interest rate,

Dr. Tslang said that the points outlined in the Roosevelt-Churchill declaration would enable all na-i tions to "expand skyward," citing as an example the development in Manhattan and the Scandinavian

Mr. Menzies said that this would nations, namely, Denmark, Norway continue after the war

and

was and Sweden, which goes to prove part of the new order which was what the science of freedom can bring hullt already.

Mr Menzies added that histori eally it was true that co country with a population of 7.000.000 had undertaken as much as Australia had undertaken in this war

do for nations and cities and how

H.K. Stock Exchange

Wednesday. Aug. 20,

BUYERS H.K. Govt. 4% Loan 96. H.K. Govt. 31% Loan (1984), 95. HK Govt, 31% Loan (1940), 95. HK. Banks, $1386. Canton Ins., $225. Union Ins., $416. HK. Fire Ine, $185. Providents. $6 05,

Chinese Estates, $101.. Yaumat Terries, $22,75. Lights (N), $1,30.

Electrics (0) X. Rts., $21.00.- Entertainments, 96,50,

SELLERS

Providents, $6.20.

Hotels, $3.65.

Lands X.D., $35.

Telephones (O). $23,50,

SALES

H.K. Banks, $390.

Hotels, $3.50 Realtles, $3.20, Lights (0), $6. Lights (N), $1.30 Electrics (0) X. Ris.. $22. Electrics Rt.. $11.25. Watsons, $11,25.

MONEY AND EXCHANGE

the present type of expansion can CLOSING QUOTATIONS be averted in the future.

However, in order to realise the eight points enumerated in the de claration. Dr. Tslang said, sacri fices will have to be made by the Democracles. China as announced

CABLE NEWS by Dr. Quo Tai-thi, Minister of

IN BRIEF

CHUNGKING. Aug. 20 Reuter)

I learned that Mr. J.K. Waller. First Secretary of the Australian Legation, has arrived in Chung- king.

•

SYDNEY, Aug. 20 (Reuter) —Thic¦ Cominonwealth Cabinet has de-; cided to increase certain rates o pay and allowances of Australiac fighting services. The amounts and exact conditions of have not yet been decided.

*

A

Foreign Affairs, is prepared to make full contribution to the task just as she has in the past four years made untold sacrifices in manpower and national resourcés to the Democratic cause.

MEDICINALS

AND PAINTS

The two largest industries in the

chemical group of Canadian manu.

are application factures those which make medicinals and pharmaceuticals and paints, pigments and

NEW YORK, Aug. 20 (Reuter)-nishes. Anna Neagle, film star, and Her-

AUGUST 28, 1941

On London:-

Telegraphic Transfer. 1/2 7/8 Bank Bille, on demand 1/2 7/8 Credits 4 months' sight On Shanghai:-

On demand In Singapore:-

On demand In Japan:-

On demand On India:---

Telegraphic and demand On New York:-

Transfer.

403

62 3/4

102 1/4

62 5/8

Bank Bills, on demand 24 16/16 Credlis, 60 days' sight 25 6/9 On Batavia!--

On demand On Paris:-

..... 40 3/4

Bank Bills, on demand Nom. Credits 4 months' sight Nom. Ɔn Salzon:-

On demand ............... 108 var On Manila:—

The latter reported bert Wilcox, producer, have left six per cent. in production value by Clipper for London to make a and the

former ar

On demand. 40 7/8 a gain or on Bangkok:-- On demand

.............. 148 increase of on Sterling Notes:-

Nom. Bank Buying Rate

23 7/16

film of the life of Amy Johnson. nearly eleven per cent. for 1989,

Miss Neagle is travelling under the the period for which the latestar süver per oz.

Re- complete figures name of Florence Marjorie

bertson

LONDON, Aug. 20 Reuter) The International Rubber Regu

has lation Committee

Axed the for the permissible export quota fourth quarter this year under the

regulation scheme at 120 per cent.

of the standard tonnage, —

+

*

Market Report

FROM ROZA BROS.

Wednesday, Aug. 20.

FINANCE & GENERAL

1940 CANADIAN

HONEY CROP

The second estimate of the 1940 Canadian honey crop added over a million pounds to the original Agure. The revision affect- ed chiefly Quebec, where the additional yield reported was 912,300 The decline in the total yield for the Dominion from 1939 pounds. was 18 per cent; but owing to higher prices, the decrease in total value of honey and wax was less than four per cent. Exports of honey from Canada more than doubled on the calendar year com- parison, owing to heavy demand in the United Kingdom; and the short crop consequently resilled in a large increase in Imports from the United States.

The second estimate of the honey 1940, reductions were reported in Canada, for last year, the four provinces which produce crop of places the Dominion yield at 23.- the bulk of the crop; but increases 1673,100 pounds. The final figure were recorded for the remaining for 1939 was 28,873,100 pounds. The five provinces. In Ontario the

from Orst estimate of the 1940 crop put yield declined

11,500,000 the yield at 22.633.400 pounds. The pounds in 1939 tri 9,500,000 pounds peak crop of Canadian honey was last year; Quebeb from 4,355,400 to gathered In 1938 ELF 37,009,900 9,112,300; Manitoba from 5,400,000 pounds

The reducilon in the 1940 yield from 1939 was brought about by a

to 3,669,000; and Saskatchewan from 4,202,600 to 3,882,000 pounds. Increases were reported in Prince

decrease in the number of hives Edward Island from 12,400 to 18.-

THURSDAY, AUGUST 21, 1941.-PAGE 9

PABST

BLUE RIBBON BEER

and a decline in the average yield 900 pounds; Nova Scotia from 77- Around the World, it's Pabst Blue Ribbon

per hive,

The total value of the 000 to 80,000; New Brunswick from honey and wax for 1940 was $2.82.800 to 124,000: Alberta from 2.- 51790 as compared with $2,815. 178,000 to 2,222,000; and British 700.

Columbia from 1,004,900 to 1,264,000 The total increase in the Do-pounds. minion yield between the first and

Approximately 12 per cent. of the second estimates of the 1940 sales of the 1940 Canadian honey honey crop was 1.039,700 pounds. erop have been for export. In the province of Quebec alone ports during the calendar year in- the estimates rose from 2,200,000 creased from 4,706 900 pounds in to 3,112,300 pounds, a rise for the 1939 to 10.780.500 pounds last year, second estimate of 912,300 pounds. the value rising from $362,100 to

$1,237,300.

REDUCTIONS

As between the final estimate tor 1939 and the second estimate

r

Bx-

Imports increased, on the same comparison. From $4,200 to $159,300 and 28.400

pounds. tu 2,768,600 During the first quarter of the

MALAYA'S FOOD present year both imports and ex-

POSITION GOOD

(TRIBUNE STAFF REPORTER) The war has taught Malaya how to conserve food stocks and store perishable food for lengths of sidered impossible. From living a time which, previously, were con-

"hand to mouth" existence in re- lation to her rood stocks most of which were imported and stocked to last at the most a month, Ma- laya today has enough food re- serves to lust several months with- out replenishment.

These and other facts were re- vealed by Mr. N. R. Jarrett, who has been in charge of Malaya's food control system since the war started, and who leaves today take up his new appointment as British Resident of selangor.

to

Mr. Jarrett attributed the suc- are Available The medicinal and pharmacéuti-

cess of Malaya's food contro! cal industry is also a large pro-

scheme to the ready co-operation ducer of tollet preparations.

received by Government from the Both medicinals and paints art

mercantile public who were most measures of manufactured to a small extent in Silver prices were unchanged concerned with the

were always other industries. balance an importer of the pro-yesterday, the quotations remaining control and who

at 23.7/18 for both Ready and ready to co-operate and assist the Forward Silver advices reported department with the advice of The value of production in the the market as being.quiet. Ameri-people who were experts at their

Canada is on

ducts of both industries.

can Sliver was quoted at 34.3/4 for own trade.

medicinal and pharmaceutical preparations industry of Canada LONDON. Aug. 20 (Reuter)

increased from $24.536,000 tn 1988 Spot. Eight German fighters were troyed by R.A.F. Aghters in offen-to $27,184,000 in 1939.

des-

Northern Value was the highest in

The 1939

more

The London/New York CTOBS- New rale was quoted at 402.1/2. sive operations over

403- It than a decade. Between 1038 and York/London was quoted at

is France yesterday morning.

1/2. learned Stx R.A.F fighters are 1939, the number of plants in- missing but the pilots of twa are safe

*

*

creased from 171 to 174 and the capital from $23,508,000 to $25,- 283.000; the number of employees from 4,270 to 4.388 and the bay- ANKARA. Aug. 20 (Reuter) -

rol from $5,691,000 to $5,907,000; There has been no further Press comment on the British and Hus-while the cost of materials rose

from $8,568,000 to $9,80-1,000;

1939 INDUSTRY

Among the products of the Turkish Government is being kept dustry. In 1939, standard prepara- fully informed of developments by tions were valued at $4,141,000, the British and Soviet Ambassa-specialties registered as patent me

dleines

sian notes to Iran on the large numbers of Germans in Iran's ter- | ritory. It is understood that the

dors.

Quiet

MARKET

STERLING

to

There were sellers at 1/3 up October, buyers at 1/31/32 for Cash.

U. S. DOLLARS Selling rate to Merchants

| 25,1/16,

SHANGHAI DOLLARS Business done at 500.

SHANGHAI MARKET

at

Offcial rate to Merchants for a1 $5,121,000, specialties Sterling at 3.5/32 and U.S. Dollars sold with Ingredients declared at at 5.5/16.

LONDON, Aug. 20 (Reuter $8,758,000, biological preparations.

With regard to the attitude to food contrat of the general pub- Jarrett salo: "Generally lle, Mr. the public has tried to play the game but there is a, considerable section of the publle here, as else- where, who put gain before any other consideration and I am not prepared to say that there is profiteering."

There was, in some quarters, a sort of Hip service acquiescence to control, Mr. Jarrett added, and members of the public who allow- victimised ed themselves to be were actually impeding the whole idea of control.

:

PROFITEERING CHECK Mr. Jarrett went on to quote examples of the type of profiteer- ing by which consumers pay a higher price for a controlled food

Vichy Deputy Prime Minister, Ad- at $096,200, and tollet preparations Shanghai Exchange but accept receipts for prices

miral Darlan, has returned at $1,747,000.

Vichy from Paris, where he had

a series of conversations with the

The total Canadian output of medicinals, pharmaceuticals and

occupation authorities. Bays abiologicals from all industries in- Vichy dispatch to the German official news REENCY

creased from $17,352,000-én 1938 to $19,192,000 in 1839.

London

Shanghai, Aug. 20 (Reuter).

Official T.T. Rates

Opening

0/3-5/32

New York

5-5/16

Japan

unquoted

India Paris

17-1/2:

Hongkong

Silver Duty Rata

ports have decreased; the fornier owing to restrictions on purchases from non-sterling countries, the latter on account of the filing of the current quota for the United Kingdom.

Pabst

EXPORT

BEER

From the Riviera to Singapore

... from Buenos Aires to Bombay in the smartest clubs, restaurants and bars as well as in the fine homes... you'll find this world-favourite of beers!

Because Pabst Blue Ribbon is in a class by itself. The lighter, zestier beer for keener refreshment. Nothing heavy or syrudy to słow up its delightfully invigorating action.

And wherever you order Pabst you'll And it always the same. Pure. Delicious. Wholesome. For in every tangy, thirst- quenching drop, we give you Guarded Good- ness from Grain to Glass your absolute guarantee of the highest quality that Nature,) 35-Year Skill and Modern Scientific Control can produce.

DODWELL & CO., LTD.

Queen's Building,

Tel, 20636,

JOHN I. THORNYCROFT & Co.,

Limited.

Engineers & Shipbuilders.

Watertube Boilers.

Shallow Draft Steamers High Speed Boats.

Marine Motors & Motor Vehicles.

SHANGHAI

Robert Dollar Bldg.,

51, Canton Rd.

Tel. 14270

HONGKONG St. George's Bldg., 1

1st Floor,

Tel. 22303

PRE-PAID ADVERTISEMENTS.

型

The following classes of advertisements ave charged at the pries geen below- SITUATIONS VACANT.

́HOUSES AND APARTMENTS TO BE LET. HOUSES AND APARTMENTS WANTED. MISCELLANEOUS WANTS..

Announcements not exceeding 25 Words are inserted under this heading at a Pre-paid

If Charges collected, 82.00.

Rate of $1.50 for THREE INSERTIONS.

FOR SALE:-Robinson Piano, in which show the proper controlled price, a practice which makes de- excellent condition and tone, any tection of offences against the reasonable offer accepted. For full control scheme impossible,

The recently instituted Anti- Profiteering Committees were set up, said Mr. Jarrett, with the ob- Ject of getting thore Halson be- unquoted tween the publie and Covera~.

21

HOTELS

RUSSIAN FOOD-

COUR CLIENTS. FAVOURITE particulars, apply Box 398, H.K.D.P.

WANTED TO BUY

WE PAY HIGH PRICES ment

Through these Committees, for all gold and silver articlos. The Central Bank of China's which had been set up throughout Jade, disords, jewels, watches, the country, it was hoped to break fountain pens. Apply Far East down one of the chief difficulties Diamond and Gold Refining Co., encountered in detecting control

In the paints, pigments and var- BANGKOK, Aug. 20 (Reuter) —uishes industry the value of pro- Five Germans who are believed to duction increased from $24,318,000 have escaped from tho Francia in 1938 to $25,856,000 in 1939. The Foreign Legion have been taken 1939 value was the largest since into custody at Victoria Point in the 1929 figure of $27,103,000. Be- British territory. They have been tween 1938 and 1839, the number rate of London at 10 am, today brought to Rangoon under pollee of plants rose from B7 to 93 and was 1/2-1/20. escort and detained,

the capital employed from $24,252,- The Equalisation rate was 24-174] 1000 to $26,348,000; the number of per cent WASHINGTON, Aug. 20 (Reuter, employees from 3.412 to 3,540 and --Lord Reaverbrook is lunching the payroll from $5,093,480 to $6.- PROJECTED MISSION with President Roosevelt and Mr. 312,000 while the cost of materi- Harry Hopkins today. It la pre- als advanced from $11,333.000 to sumed here that they will discuss $12,081,000,

OF MENZIES

offences, which was the reluctance Room 621, China Building, 6th of the ordinary man in the street floor. Sundays and Holidays to go to the bother of making & open report and probably spending some of his time in court giving SYDNEY, Aug. 20 Router) evidence. expediting the flow of war supplies Among the leading products in Discounting the suggestion that How successful these Commit to Britain and possibly aid to S-1030, including small quantities his projected mission to London tecs wore in stamping out rood

viet Russlu.

•

from other industries, were ready would be treated as a major poll- profiteering would depend entire- mixed painta $10,004,000, varnishes tical issue the Prime Minister, ty on the people who were on 3,475,000, enamels $4,030,000 and Mr. R.G. Menzies, told his daily them, and who were composed or cellulose lacquers $1,842,000. Press conference that "there will representatives of all nationall- not necessarily, be a vote in Parties and numbered men as well as

women" liament on the proposal,

WASHINGTON, Aug. 20 (Route -Following o Nassau announce ment that the Duke and Duchess of Windsor are preparing to go to the Duke's rench at Calgary, Canada next month, the Secretary of that the Duke and Duchess, were by decided by Party meetings being being instituted should war State, Mr. Cordell Hull yesterday planning to visit Washington, the fore Parliament meets. If the come to Malaya Mr. Jarrett Hald said that he had learned from the did not know any detalla, he add- proposat is rejected I will stay that such a step would be most British Ambassador, Lord Halifax, ed

that is all!?

"I think the matter will probably Of the possibility of rood ration

likely

Jimmy's

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