THE CHINA MAIL, FEBRUARY 26, 1938

Page

JAPANESE HELD UP ON NORTH BANK OF YELLOW RIVER Chinese Claim Recapture Of Four Vital Towns PLANES CAUSE HAVOC SPEED-UP IN

IN JAPANESE REAR

Hankow, To-day. Japanese crossing of the Yellow River has been made more difficult by construction of strong fortifications on the southern bank.

Moreover, the Chinese claim, the Japanese have been forced to evacuate Poyai, Hsinyang, Munhsien and Hochia.

At Fengchiu, the Japanese have brought up reinforcements!

of the infantry, cavalry and 50 THIS WEEK

tanks, but the Chinese are con-

fident that if they manage to ON THE LOCAL cross, there, the cost will be out SHARE MARKET

of all proportion to the success, gained.

IMPERIAL AIRWAYS

FRANCO-SOVIET MILITARY CONSULTATIONS

the

London, To-day.

London, To-day. The feature of the Imperial} Consultations between Airways summer programme so French and Soviet "General Staffs far as the speed and comfort of will probably take place în the bringing into service of new fast respondent of the "News flying are concerned will be the near future, states the Paris cor- Chroni- luxury planes.

cle," in a message published yes- terday morning.

In the new airliners, weighing when fully-loaded approximately It is pointed out that these will 20 tons, accommodation will be 'be the first consultations between provided in sumptuously equipped the General Staffs of the two coun- saloons for forty passengers while tries since the conclusion of the the new four-motored express air- Franco-Soviet Pact. craft which are to operate on the The French. Paris route will

Government, it is have distinction of being the fastest

reported, has so far been reluctant passenger to enter in such consultations" al- planes of their type so duced.

far pro- though Set Russia has repeat- Chinese planes are increasing-review

edly intimated that they would be ly active

The growing scope of European welcome. the railway states:- on both

air travel will be illustrated strik- The French Government's fronts, and have caused consider-

ingly this summer by the distances change of attitude the correspon- able havoc in the enemy rear. The market during the week un-ing the course

passengers will be able to travel dur-Ident says, is obviously due to in- yester-with prices in many instance show-

der review again ruled very

of a single day's creasing difficulties in the internal flying.

situation.-Trans-Ocean. reported improvement, but trading was attempt-rather limited owing to four of

Trans- the business

days being occupied by the Annual Race Meetings.

A Chinese spokesman day denied a Japanese that Chinese planes had ed to bomb Osaka. Ocean.

BERLIN AND DR. SCHUSCHNIGG SPEECH

Berlin, To-day,

The speech by the Austrian Chan- cellor, Dr. Kurt von Schuschnigg, has been calmly received in German political circles.

His declaration that the historic fratricidal struggle between. Ger- many and Austria has now been brought to a definite and honourable

A

Messrs. G. A. Harriman and Co.'s weekly share report and market issued at noon to-day

Manila reports an easier ket and consequently some gave way slightly.

firm

DAY TRIPS Leaving Croydon in the morning, for example, and flying northward, passengers will alight the same evening at such a distant point as Oslo. mar-1

By another route flying from rates

London and changing at Frankfurt, Home will be reached the same evening. Venice will also be within a day's flying of London, -British Wireless,

In the Investment sections, Hong Kong Lectrics had a smart rise. with sales effected at as higu as $60 on the announcement of a

!

ARAB SENTENCED TO DEATH

Jerusalem, To-day. The military tribunal constitut- Jed in November last yesterday sen- tenced to death an Arab who had been convicted on having shot а Jewish civil engineer.

final cividend of $2 per share Captain Leslie Frere Nicholson, (making $3 for account 1937) Second Lieutenant Geoffrey Clifford Another Arab who was found in which is 25 cts. better than the 'Moutrie and Second Lieutenant possession of firearms was senten- previous year. Hong Kong Trams Daniel Marshall, have relinquished ced to seven years' penal servitude. remained very steady at $15. Tele- their commissions in the H.K.V.D.C. —Trans-Ocean. ;- phones (old) were wanted at $26 and the new shares at $9.70. Star Ferries were unchanged at $83%. Lands had buyers at $33. Dairy Farms came to business at $26. Sales

were registered in Wharves at $128/3⁄41⁄2- Hong Kong Docks also improved and were done up

conclusion, is warmly welcomed. to $30 and more shares were want-

ed at $2934 at the close.

His remarks regarding friend- ship with Italy and his own per sonal relations with Signor Mus80-

Among the minor issues, Pro- hini have attracted much attention. $2.80/2.85 and the New shares at vidents (old) were dealt in at It is stated that now that Herr Hitler and Dr. Schuschnigg

85/90c. have

Hong Kong Hotels were stated their views in speeches

better with business transacted at "of fundamental importance," nothing

$6.50/6.70, but closed a shade remains to be said by anybody.

easier with sellers at the latter Trans-Ocean.

race. Realties changed hands at $5,50/60, China Lights (old), showed much strength and were realised —as high as $11.80. Cements were in better demand with sales reported at $14.90715,00.

TREASURY BILLS

London, To-day.

The total amount applied for in tenders for £40,000,000, treasury

1

Sterling countera very firm,

bills was £92,030,000. The average Hong Kong Banks being enquired rate per cent. for bills at three for at $1,585 and Unions at $510.

montha was 10/1.39d against 10/1,04d a week ago.-British Wire- less

His Excellency the Governor has

The stone of the market at the elose is very steady.

approved the following promotions His Excellency the Governor has in the Hong Kong Volunteer De been pleased to nominate the fol- fence Corps, with effect from 19th sowing as Members of the Court of February, 1938:-Regimental Ser-the University of Hong Kong for geant Major Thomas Parkinson to a further period of three years, with be Lieutenant. Battery Quartermas-effect from the 1st January, 1938. tor Sergeant Charles Walter Liddon H. B. L. Dowbiggin, O.B.E. and M. Cole to be Second Lieutenant.

P. Talati.

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