SOVIET DIVISIONS DECIMATED

Helsinki, To-day.

SMASHING OF THE week-long Soviet offensive on the front North of Lake Ladoga is now estimated by neutral correspondents to have cost the Red Army fifteen thousand casualties, 7,000 of them dead.

THE CHINA MAIL, JANUARY 29, 1940.

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OPTICIANIE

The Russians are now in retreat and latest reports STOP PRESS TEL 20022 or 33993

state that three divisions, retiring along the only roads in the area, have been decimated by Fin- nish artillery fire which covers all lines of retreat.

CABINET MINISTERS INJURED

(SPECIAL TO “CHINA MAIL”)

Belgrade, To-day. The Prime Minister of Yu- goslavia, M. Teinkar Tsvetko. vich, and the Finance Minister, M. Shutev, were both slightly injured yesterday when a train In which they were traveling to Belgrade from Zagreb collided with another near the capital.— Havae.

SAVED FROM SUBMARINES

London, To-day.

Postcards and announcements over the German Radio in the past two days have brought, news of the safety

Large quantities of arms and am- munition have fallen into Finnish hands.

over

In the meantime, there is no indi- cation that the Red Army has had enough. Intelligence information in- dicates the concentration of 200,000 men, more than twice AB many as have previously appeared on this front, ready for a renewed offen- sive against the Mannerheim Line to the north of Lake Ladoga.

OPERATIONS CONTINUING Operations are continuing in an at- mosphere well below freezing point.

The conviction is shared by most neutral correspondents that the Fin- nish defences will hold until the Spring.

A communique states that three Soviet planes raiding towns in North Finland were shot down yesterday— Reuter.

All eight had been reported, missing by the Admiralty and their families had feared the worst.

The German Radio last night, gave details of four more survivors, includ- ing Lieutenant Richard Kyrke, and added that more names would be an- nounced shortly.

Berlin has stated that four officers

of another eight men of the British | and 26 ratings were saved and hither- submarines sunk in Heligoland a fort- to have given twenty names. - night ago.

Reuter.

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10, ICE HO

The mine which was reported to have been floating westwards out to sea at 7 a.m. to-day when it was sighted somewhere east of Cheung Chau Rock, has now been exploded by the, Naval Authorities at noon way out of the Harbour.

Washington, To-day. The

discloses U.S. Treasury that Britain, during the Arst two months of the war, disposed of nearly 10 per cent., or $73,000,000, of her readily marketable Ameri- can securities.

The total of such securities at the beginning of the war, accord- ing to a recent Federal Reserve Board estimate, amounted to $753,000,000, while Britain's in- vestments in the United States actually total over $3,000,000,000.

Canada also sold United States securities, but to a much less ex- tent.

On the other hand, France add- ed about $1,000,000 worth of marketable securities to her pre- war total of $185,000,000.

German holdings at the begin- ning of the war were believed to be negligible, but she sold about $600,000 worth in September and October. Reuter.

ITALY HINTS AT A NEW LINE UP

Tokyo, To-day.

The newspaper "Azahl Bhim- bun" understands that at a recent conference with the Japanese Ambassador to Rome, the Foreign. "Minister, "Count Clano, suggested that if, because of the Bovist. German

rapprochement, Japan WIS disentieffed with the Anti- Comintern Past, a new group of Anti-Comintern powers might be formed.

No further detalls are given by the newspaper.

Router,

Two men were seriously injured at 3 p.m. to-day when they at- tempted to cross Nathan Road, at the Waterloo Road Junction, in a goods tricycle. They collided with a No. 1 'bus coming from the Star Ferry. Both men were taken to hospital.

the

biggest

London, To-day. Severe weather during week-end caused the railway hold-up for many years, dislocating traffic throughout Bri- tain. Some services were BUS- pended.

In Scotland, trains were "lost" and late last night had not reach- ed their destinations, presses for London

North were

hours late.

Conditions

as much

while ex-

from the

as twelve

are

roads on the also bad. Bus services are dis- organised and many motorists are stranded. Reuter.

London, To-day. Once Germany is beaten, the Polish Government expects very Httle difficulty in recovering that part of Poland occupied by the Soviets, according to President Racziewicz, in an interview at Angers with the "Daily Tele- graph" correspondent.

"The Russians cannot stay there after Germany is beaten," declared M. Racziewicz.

"They will have too many troubles in their own country to be able to hold foreign soil by force.

"The crumbling of Germany will mean the defeat of Russia."

Reuter.

-

The prefix "Specía!” to telegrams is verd by the "Bunday Herald" "and": "China, Mail” to indicate news' which le strictly bopyright under the provisions of the TelecommR LAPSÅ KJE - tions Ordinance, 1928, and may not be re- printed under any alrcumstances, either wholly or in part, without prior arrange- mani.

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