The Straits Budget, 14 March 1940

Total Pages: 26
1 3 The Straits Budget
  • 29 1 The Sraits Budget BEING THE WEEKLY ISSUE OF THE STRAITS TIMES [ESTABLISHED NEARLY A CENTURY. 1 No. 4283. SINGAPORE, THURSDAY, MARCH 14, 1940. erice 25 cts., (S.S. Currency) or^
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  • 1082 1 I Singapore, Wednesday. natural and accumulated wealth in Malaya, the qnnual income, and the Dotential productive capacity of her agricultural, mining and commercial equipment, if properly used and wlse’y taxed, would provide ample resources for fulfilling the high purpose so eloquently and sincerely declared by Sir
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  • Article, Illustration
    31 1 An Indian piper at the heating ol Retreat by the Band of the Sth Battalion of the 2nd Punjab Regiment, on Monday.—Straits Times picture. merit, on Monday.—Straits Times picture.
    merit, on Monday.—Straits Times picture.  -  31 words
  • 74 1 The Johore Military Forces guard of honour presented arms as fh, Tungku Mahkota, Regent of Johore, arrived for the lavina of Z foundation stone of Johore’s Government offices on Sunday The Tunaku Mahkota taking the salute above. Behind him (from left to riuhti arr (a< ti y
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  • 1156 1 Loyalty Taxes-IV memorandum.—Straits Times, Mar. 7. I However strongly we may be to the imposition of an Income tax in Malaya at the pre- nt time—and we are more conIjnced than ever that the best Interests of the country demand nal u ar taxation should take some Ither form—we cannot
    memorandum.—Straits Times, Mar. 7.  -  1,156 words
  • 1208 1 Loyalty Taxes—V «•able to Malaya Straits Times, Mar. 8. We are not at all sure that this article ought not to begin with an apology. It is the fifth in succession on the subject of income tax and readers are entitled to ask for a change. They shall have it
    «•able to Malaya ?- Straits Times, Mar. 8.  -  1,208 words

  • 1057 2 to open his purse.—Straits Times, Mar. 9. About six weeks ago. Mr. Winston Churchill delivered a speech in which he referred to small States j who bowed humbly and in fear of German threats and violence." The remark was bitterly condemned as an unwarranted interference in
    to open his purse.—Straits Times, Mar. 9.  -  1,057 words
  • 1123 2 -Straits Times, Mar. 11 In this unusual war the heartfelt sympathy of all humane persons must be extended to those distinguished military experts, the armchair critics of the Service clubs who have contracted to write regular articles about the war for the newspapers. Their position is embarrassingly
    -Straits Times, Mar. 11  -  1,123 words

  • 1147 3 of tremendous power.—Straits Times, Mar. 12. Hitherto, in dealing with the subject of income tax, we have had to confine attempts to interpret public reaction to the proposals outlined in His Excellency’s broadcast address, to feeling in the Colony. A visit to Kuala Lumpur has provided
    of tremendous power.—Straits Times, Mar. 12.  -  1,147 words
  • 1179 3 Straits Times, Mar. 13. When His Excellency the Governor broadcast to Malaya on the subject of wartime taxation he was in possession of the recommendations of the committee appointed to consider means of raising a special contribution to the Imperial Treasury. Details of those recommendations have
    Straits Times, Mar. 13.  -  1,179 words

  • 75 4 r I 4 HE DEATH took place this week of M Mr William Henry Scully, aged 57 years, at his residence in Jansen Road, Singapore. He was a former Penang State cricketer and lived for many years in Penang, where he was employed by the
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  • 59 4 TWO hundred thousand workers fr °m the French colonial empire are to go to France this year to take their place in French industry, replacing men who have neen called to the colours. The French Ministry of Labour announces that the number of unhas fallen from
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  • 69 4 THE first memorial service to be held in Dr. Sun Yat Sen’s residence in Tai Gin Road, Balestier, which was recently renovated and opened, took place on Tuesday morning when Singapore Chinese observed the 15th anniversary of the death of Dr. Sun. The Chinese Consulate-General
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  • 194 4 Reuter and British Wireless! A MAN who is said to know more of the Arabs than any Briton since the late Colonel Lawrence has been chosen for the newly-created position of Chief Secretary at Aden. He is Mr. William
    Reuter and British Wireless!  -  194 words
  • 256 4 -British Wireless. THE announcement that the Rhodes Trustees have decided to found two Rhodes Scholarships annually for India comes, says The Times, “as one more proof from a source independent of the Government that the war is not to be allowed to deflect the course of British
    -British Wireless.  -  256 words
  • 38 4 (From Our Own Correspondent) Penang, Mar. 11. R. WEE CHONG JIN, well-known Penang sportsman, was admitted to the Bar of the Colony by Mr. Justice Aitken. Mr. Ong Huck Lim made the application.
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  • 243 4 Leaden— Loyalty And Taxes—iv Loyalty And Taxes-v .The Problems Of NeutraW In Queer Street eulrali *y Waiting To Be Buried Catching It Both Ways Summary of World News Financial Supplement— Financial and Commercial u to date, following page N Malayan General News— F Han CriWCiSm Inc °me Tax Johore’s
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  • DOMESTIC OCCURRENCES
    • 96 4 TYACKE. —On March 3. 1940 at Eatu Gjj Hospital to Margaret Jessie, wife oi ■>» Arthur Tyacke. a son. To Hilary, wife of 1.R.8. Tuxfoid Maternity Hospital, Singapore, on Man» a daughter. LEE.—To Eileen wife of Lee Teng rai Mar. 4. a daughter. Ho STARKEY. —At the Penang Maternity
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    • 90 4 < V» The engagement is announced B L. A. C Smith. R.A.F.. Kallang andJJ Miles residing at 368 Thoms Singapore. ti FONG-WONG.—The engagement PJfl nounced between Mr. Fong c eldest son of Mr. Fong Sien, n( j the late Mrs. Fong Sien 0 )P Wong Loke Moy. sixth daughter
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  • 115 4 DEATHS i DICKINSON.—At Poole. Co^ March 6. 1940. Mabel Sidney, wife 0 nay Dickinson, after a long Cable. maNI CH^ Cable. maNI MRS. WEE TIAN POH (Nee Nodied peacefully at her resid* Matf Spottiswoode Park Road on Tuesday 5. 1940. at the age of 34 yews. fMr 5. 1940. at
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  • 548 8 F 1 has been represented, says an official statement, that opposition by Chinese traders to income tax is based partly on fears that examination of their books for assessment of the tax would reveal trade secrets or irregularities, such
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  • 125 8 THE Raja of Perlis has offered the sum of $50,000 as a war contribution to the Imperial Government. The Secretary of State for the Colonies has informed the High Commissioner by telegram that liis Majesty's Government gratefully accept the offer and has asked the High
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  • 254 8 THE Food Control authorities in Singapore have had their share of the problem of fractions of currencysimilar to those which have cropped up in England—when fixing the maximum prices of foodstuffs. In Malaya, however, an official explained to a Straits Times reporter,
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  • 49 8 (From Our Own Correspondent) Johore Bahru Mar fi INFORMATION having been received r ab ie s exists among dogs in the settlement of Malacca, the Johore Sta^ cretary has made an order prohibiting until further notice the importation into Johore of from Malacca.
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  • 33 8 The newly elected vice-presidents of the Singapore Malay Union ft left to right): Haji Jumat, Inche Ishak bin Ahmad Inche lamimil Haji Omar and Inche Sudin bin Abdul Rahman olr
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  • 675 8 Income Tax Comment THE Sindhi Merchants Association, Singapore, at an extra. 1 ordinary general meeting held last week, unanimousk passed a resolution against the income tax proposals as outlined in Sir Shenton Thomas’ broadcast speech on Sunday. This is the second
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  • 107 8 (From Our Own Correspondent' Penang, Mar > PHRA Bisal Sukhumvid. DirectorGeneral of the Department oi Puow and Municipal Works in the Mintfuj of the Interior of the Thai Do\e ment, arrived in Penang in the rou of his tour of Australia, New Zeaian and British
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  • 86 8 (From Our Own Correspond*■ Johore Bahru.Mar THE Government has app «>' Jt j 1 transport board to c ons tra$ advise on questions relating esS tf regulations and on any lps amendment of the traffic r bers flJ The following will be the n. g e5i
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  • 288 12 r*RITICISM of what was described as “growing AngloDutch co-operation in the Far East was voiced by the Dutch Communist leader, M. Visser, speaking in the Second Chamber at the Hague last week. M. Visser
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  • 63 12 (From Our Own Correspondent) Malacca, Mar. 6. MR. A. Williams, Collector of Land Revenue, Malacca, is shortly going on Home leave and it is understood that Mr. W. C. Taylor, president of the Town Board, Johore Bahru, will take his place. Mr. Taylor was attached to the
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  • 30 12 THE Finnish Minister in London has sent a telegram to the Finnish Consulate in Singapore expressing “sincere thanks” for £1,450 sent from Malaya for the Finnish Red Cross.
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  • 266 12 ‘•yHERE is still unwillingness on the part of society to readily provide an opportunity for a man of this type to prove his expressed desire to make a clean start and keep straight.” states the annual report of the Singapore After-Care Association—an organization which
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  • 344 12 MUSLIM TRIBUTE TO SEA POWER OF ALLIES “Most Successful Haj” i n Spite Of The War THE success of the efforts made by Muslim leader’ 1 Malaya and elsewhere to obtain a restoration of rav ing facilities for the pilgrimage to Mecca is indicated bv eo!' ment, received in Singapore
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  • 289 12 A PURGE of “all these dead, moribund or unlikely items” from the pre-order list is necessary in the interest of trade generally, states an explanatory note on an earlier communique from the Controller of Restricted Imports, Straits Settlements. The intention, it
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  • 146 12 ■T'HE Committee of the Straits Settle- ments (Singapore) Association held a preliminary meeting last Wednesday to consider the question of war taxation. Letters from members were read and various aspects of the matter were discussed. It was decided to appoint a Subcommittee to collect and
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  • 67 12 MRS. MABEL SIDNEY DICKINSON, m wife of Mr. Courtenay Dickinson, a former partner in the legal firm of Sisson and Delay, Singapore, died last week in England after a long illness. Mrs. Dickinson was well-known in Singapore. Her husband was here from 1910 to 1931, when he
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  • 202 12 COMMENTING on the statement that Malaya is the “dollar arsenal” of the British EmpireL’Opinion (Saigon) remarks that French Indo-China similarly occupies a leading place in the economic war effort of the Frencn Empire. The newspaper points out m although other French colonies com bute
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  • Page 12 Advertisements
    • 34 12 ADELPHI THE HOTEL IN TOWN SEA VIEW THE HOTEL ON THE SEASHORE BOTH HOTELS ENJOY AN ENVIABLE REPUTATION FOR FOOD SERVICE WE RESPECTFULLY SOLICIT THE FAVOUR OF YOUR PATRONAGE H. O. WASER. GENERAL MANAGER.
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  • 740 13 By A Wife MOW that the Scraits Times IN Women Supplement has veered from the bored wife to tht? lonely husband, it might he timely to suggest a few to please this hardworking creature in his struggle to wresc a living. At the risk of
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  • 854 13  -  By C. B. THERE was a time when a great deal of attention was given to the notion that “the child is father of the man.” Like many notions it was worked to death and overdone, and then, as always happens, the pendulum swung
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  • 187 13 EXPRESSIONS of thanks direct from the Western Front are now being received at the headquarters of the Malaya Patriotic Fund in Singapore. They are sequels to the gift of Cl,ooo from Malaya to the Overseas League Cigarette Fund which was one of the allocations in the last
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  • 261 13 DEFENCE (Compensation) Regulations for the payment of compensation in respect of the taking of possession of land, requisition or acquisition of property, the doing of work, or requisition of services were published in last week’s Government Gazette. The new regulations come under the Emergency
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  • WEEK’S WORLD NEWS IN SUMMARY- SPECIAL STRAITS BUDGET FEATURE
    • 548 20 Mar. 6. ORITISH Government policy in Palestine was debated in the House of Commons to-night when the opposition vote of censure in connection with the new land regulations was defeated by 292 votes to 129. The motion expressed regret that, I “acting without the authority of the League Council,
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    • 572 20 Mar. 7. ACCORDING to the Rome radio, which reports considerable diplomatic activity in Stockholm and Helsinki, it is believed that Russia, Sweden and Germany are working on a plan for mediation in the Finnish war. says Reuter. The delegates of the three countries are expected to be joined by
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    • 553 20 Mar. 8. ORITAIN and France will exercise no pressure upon Finland in connection with the mediation effort, it is stated in well-informed circles in Paris. If Finland wishes a continuation of the Allied aid, she has only to make the appeal for it, and the Allies will be ready
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    • 517 20 THE Finnish Foreign Tanner, gave an interview uT American newspaperman to-dav' which he declared that a deci.iT on the attempt to stop the Sovk Finnish war will probably be reart cd to-morrow or on Tuesday. If the proposals for settle ment were not acceptable thl fighting would continue hi
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    • 544 21 Mar. 10. nil' official silence on the Russo- i 1 Finnish peace talks was broken v communique issued in Helsinki :o-night. it savs that some days ago the cnvipt and Finnish governments into contact through the ntermediary of the Swedish government. with the object of examining the possibilities of
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    • 541 21 Mar. 11. TPHE British and French Governments have already informed the Finnish Government that they are prepared, in response to an appeal for further aid, to proceed immediately and jointly to the help of Finland, usinsr all available resources at our disposal/’ This announcement was made by Mr. Chamberlain,
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    • 577 21 Mar. 12. AN official dispatch from Moscow to Berlin states that the RussoFinnish peace tenths have been signed and that hostilities will cease at noon to-morrow. From Helsinki, it is reported that the ministers of war and education have resigned as a protest against the agreement. Another report says
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  • 485 21 Reuter. Washington, Mai 10. ACCORDING to officials of the State Department, the United States Government is approaching every nation with economic proposals for the post-war period, declaring that a sound commercial policy is essential foi world peace based on every nation
    Reuter.  -  485 words

  • 368 22 DATSMEN fared well in a chicket fixture on Sunday at Tanglin, when the Army defeated the S.C.C. by 19 runs. Batting first the Army gathered 214 runs, Pierce and fcilsmie coming oil best with 55 runs
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  • 215 22 London, Mar 11. THE Football League Management Committee has decided that the Engllsn wartime cup competition will begin with a preliminary round on Apr. 13, after whlcn the first two rounds will be on a home
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  • 129 22 Race results in brief on Saturda> at Kuala l.umpur were:^ Race 1. Squeeze $l4 and S 7 Burraneer $8 Just My Luck $8 Race 2. Sweet Colette $29 and S 8 Speranza $6 Le Touquet $7 Race 3 Gold Point $l5 and $7 Saladin $ll Hybla
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  • 232 22 T'HE Madras team drew with the Pun--1 jab team in the final of the Indian Association cricket tournament played on Sunday at the I.A. ground at Balestier Road. The scores were as follows: PUNJABS Choor Singh c Baskaran b Dharmaraj 10
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  • 241 22 IN a cricket match played at Tengah on Sunday the Ceylon Sports Club beat the R.A.F. (Tengah) by five wicket* and 86 runs. The scores were: c.s.c. K Thilloinathan lbw Thomas 1 V. N. Pillay c Beales b Farnhill 25 V.
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  • 33 22 -Reuter. Manchester, Mar. 12. JACKIE Paterson, the British chamu pion, won the vacant Empire flyweight title, outpointing Kid Tanner of British Guiana in a flght over 15 rounds.—Reuter.
    -Reuter.  -  33 words
  • 38 22 -Reuter. THE draw for the third round of the 1 Scottish Cup on Mar. 23 is: Airdrieonians vs. Hearts; Morton or Motherwell vs. Clyde; St. Mirren vs F a!kirk or Glasgow Rangers Dundee vs. Kilmarnock.—Reuter.
    -Reuter.  -  38 words
  • 59 22 On Saturday at the stadium the Malays and the Sappers played a SCOr less draw in a first division league fixture. In the picture the Malays aw seen making one of many dangerous raids on the Sappers' goal.— straits Times picture. seen making one of
    seen making one of many dangerous raids on the Sappers' goal.—straits Times picture.  -  59 words
  • 321 22 DRIGHT batting by the S.C.R.C. was feature in their game against an S.C.C. XI, whom they beat by 66 runs on the padang on Sunday. Batting first they collected the formidable total of 203 runs—their main contributors being Keng Siew with 50 Lim
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  • 57 22 CA. R. Bateman won the M ey^ r golf competition at the Island on Sunday to become the Club b pion for the first time. He beat w yama 6 and 5 in the final, which played over 36 holes. wo n It will be
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  • 35 22 -Reuter. Cambridge beat Oxford by. J7 PI P vaP to 40 points in the annual i. sity athletic contest at Cambridg which no blues were awardea. Cambridge won eight e vt Oxford five.—Reuter.
    -Reuter.  -  35 words
  • Page 22 Miscellaneous
    • 56 22 BIG SWEEP The draw on the big sweep, value $132,215, resulted as follows: FIRST *****7 SECOND ***** THIRD *****8 Starters *****. *****. *****6 DOUBLE TOTES The first double tote paid $2B on each of 66 winning tickets. The second double tote paid $545 on each of three tickets on the
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  • The Straits Budget FINANCIAL SUPPLEMENT
    • 828 1 ECONOMIC STRANGLING OF GERMANY INCREASES Tin Rubber Helps Purchase Of Allied Armaments u review of the share market I tor the past fortnight, Fraser B Co., write:— B r ramifications of Allied control ■currencies interlocked with the Hkade. embargos and restrictions on HjnodUv exports, makes a pattern of Hzmg intricacy
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    • 45 1 EXPORTfo of rubber from the Malayan regulated area in February totalled 42,751 tons, states the Controller of Rubber. This compares with an estimate furnished earlier in the month of 43,000 tons. Malaya’s proportionate monthly allowance during the current quarter is 42,832 tons.
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    • 289 1 THE profits of Tapah Rubber Estates, Ltd., were doubled in 1939, in comparison with the previous year. A final dividend of 10 per cent, is proposed by the directors and will be considered at the annual meeting of the company
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    • 56 1 ('OLONY rubber stocks fell 3,204 tons In February being 35,912 tons compared with 39,116 tons at the end of January. Of the February stocks. 21,835 tons were in the hands of dealers; 5,488 tons in Harbour Boards; 612 tons in railway godowns and 7,977
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    • 59 1 TTHE domestic export of tin and tin- in-ore at 75.5 per cent, tin content from Malaya during February totalled 6,354 tons. Of this amount. 6.188 tons were exported from the F.M.S.; 54 tons from Johore; 28 tons from Kedah: 16 tons from Perils: four tons from Kelantan;
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    • 65 1 Date Spot Mar. Apr.-June Juiy-Sept. Oct.-Dec London Mar 7 39% 39% 37% 35% 35 12% Spot Mar. Apr. Apr.-June July-Sept. Oct.-Dec London 8 39% 39 38% 37% 35% 34% 12% 9 38% 39 38% 37% 35% 34% 12% 11 39% 39% 38% 37% 35% 35% 12
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    • 342 1 London, Mar. 12. THE stock exchange opened quietly to-day and continued steady throughout the session. Main interest centred in the new war loan. Although there is no'definite indication yet of the result it is stated in the best Informed quarters that the loan’s -uccess is certain. Thousands
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    • 93 1 THE following particulars of tin-ore prt>1 duction refer to February:— Hours Yardage Piculs ora Hong Fatt 2,449 Kinta Kellas 550 120,000 752 Kuala Lumpur Tin Dredge 1 closed Dredge 2 557 109,068 410 Malayan Tin 2,480 Malayslam 400 Nawng Pet 23» Rahman Hydraulic 900 Satupulo 586 120,000
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    • 10 1 r PHE Australian £18.000.000 war loan has been fully subscribed
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    • 1806 2 THERM ANG DEVELOPMENT LTD. which was formed ter years ago to grow rubber on up-to-date lines by using hign-yielding planting material, is nearing the dividend stage. At the annual meeting in Singapore on Saturday. Mr. W. H.'
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    • 106 2 The Singapore Chamber of Commerce Rubber Association held its 1,476 th. auction on fTol a 6 there were catalogued 1,633,110 lb. -729.07 tons; offered 1,506,207 1b.—672 42 tons; sold 1,180,262 1b.—526.90 tons. cents' 011 12 Vid. New York Spot 18% c PRICES REALIZED Ribbed Smoked Sheet Cents
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    • 123 2 CHAREHOLDERS of th* o Rubber Estate, Ltd will dividend of 5 per cent Tor h* IVt ended December last if th a lh f* mendation of th e directors is ac S at the general meeting of the w in Malacca on
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    • 147 2 DAYMENT *>f a 6 per cent, divida for the year ended Decemberrla is recommended by the directors i Haytor Rubber Estates, Ltd. Laity» a 2*2 per cent, dividend was pail The annual meeting of the compa is to be held
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    • 87 2 Rubber crops for February are itported as follows It United Patani 2393J5 MalakofT H6.BM Taiping Sungei Batu Windsor Foothills 28.4 W Kuala Muda 139 S Val d'Or Gadek SJ.OW Kuala Sidim Bassett 26^ Bukit Tambun 2 *Z Bertam Consolidated Ayer Molek -3 Bukit Katil Jig Ayer Kuning
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    • 72 2 DURING the week ended Mar. 2. ports of tinned s Malayan ports totalled 24,460 They were consigned as 20,874 (85 percent.) to rurcP* Kingdom, 1,840 (8 per cent.) to 475 (2 per cent.) to Canada, (5 per c*it.) elsewhere. uP w The total exports for the
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    • 1067 3 Issued By Fraser And Co, exchange and stock brokers. Singapore, March 13, 10 a.m. mining Buyers Sellers i »e Vsl 5/- 5/6 Arnal 5/S 6/Scd Au Malay 5»/- *7/-xd AUst»‘ Mamy > *>;; #“iT «.«it Batu Sflangor lrt/2 li/S Hi.uir* Malay t7 V^ Chencleriang 044 S‘ tan
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    • 73 3 TRAFFIC receipts of the Singapore Traction Co., Ltd., continue to rise steadily. Last month they totalled $243,000, compared with $229,000 in January, $225,000 in December, $222,000 In November and $219,000 in October. Thus, the total receipts for the five months of the company’s financial year are
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    • 515 3 IN a weekly report on the rubber market, issued on Mar. 7, Lewis and Peat (Singapore), Ltd., write:— Nothing very notable haa occurred on the rubber market during the paat week, but prices havt remained very steady and in the absence of
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    • 235 3 IN a weekly report on the rubber market Issued at noon on Mar. 7. Guthrie and Co. Ltd. write:— There have been no disturbing features In the rubber market during the week and more active trading has been evident. Prices have appreciated on account of
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    • 58 3 pEBRUARY reports of tin companies are as follows: fMcUi* Hours Yardage ore Kamra 591 148.000 509 Pattani Tin 600 244.000 296 K. Kamunting 627 127,000 413 Thabawleik 582 142.000 319 Pungah Dredge 1 571 227,000 1,683 Dredge 2 516 204,000 1,159 Austral Amal. Asam Kumbang 568 223.000
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    • 41 3 TTHE official price of tin in Singapore on Mar. 7 was $130.25 per picul of 133 l/3rd lb. on Mar 8 $130.25; on Mar. 9 $130.50; on Mar. 11 $130; on Mar. 12 $130: on Mar. 13 $128.50.
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    • 361 3 FRASER COMPANY LIST OF CURRENT DIVIDENDS Singapore, Mar. lft, 5 pm. Books Total for Company Dividend Close Date Bx Dlv financial year fIN Payable Date to date Austral Amal 3d. Mar. 16 Mar. 29 Mar. 17 6% Austral Malay 9d. and 113 bonus Mar 4 Mar 15 Mar 6 10%
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