THE CHINA MAIL, OCTOBER 10, 1940.
1
SHANGHAI
PANIC
Selling Wave Hits The Share Market Severely
ITALIANS BRITAIN IN
Calm Gives Way To Alarm CLOSE TOUCH
(SPECIAL TO” CHINA MAIL "') - CONSIDERABLE EXCITEMENT HAS TAKEN
THE PLACE OF THE. EARLIER. CALM IN SHANGHAI IN CONNECTION WITH THE RE- QUEST TO AMERICANS TO EVACUATE CHINA.
More than 200 applications for passages have already been filed with the American President Line despite the fact that all liners are booked up till December.
In case evacuation is really ordered, spe- cial ships will probably be ordered to Shang- hai to take away 3,000 Americans.
In the meantime, hints that the U.S. Marines may be withdrawn from China have increased uneasiness of the average Shang- hailander.
the
the U.S. Maritime Commission would send vessels to Far East waters for the evacuation Americans.
The evacuation
news
of
caused
on the Shanghai in the morning when stpekts and shares were
This has also found expression pandemonium in the stock market where the stock exchange situation was described as "pan- demonium" and stocks were sell-dumped regardless of price, with
ing by the bushel.
The Chinese dollar went up and only the buying of cheap U.S. dollars by the big banks stopped the trend.
Panic in Shares
The panic on the stock ex- change was not due to short sell- ing but to genuine liquidation by big and small businessmen who
cerns would be seized by the Ja- panese.
the result that record losses were established in many issues.
RULE BROKEN
WITH TURKEY
The British Govern- ment was in close touch with the Tur- kish Government on all matters of mutual concern, including the
MOVE-OUT AND
BACK AGAIN
An Italian force on Tuesday moved eastwards in the Bir Enba area, south of Sidi Barrani, it was stated in Cairo yester- day.
position in Syria, de a
clared. Mr. R.' A. ́But- ler, answering a Com- mons question yester- day. Reuter.
It consisted of a column of mo- for transport escorted by light tanks, and in the laconic terms of the communique "it withdrew again to its original position be- fore dusk."
There is still nothing to report on other fronts, the communi-
•******** 'que concludes.-Reuter.
BRITAIN WELCOMES
THE
BURMA
ROAD DECISION
THE DECISION of the British Govern-
ment to re-open the Burma Road is welcomed
STOP PRESS
(SPECIAL TO "CHINA_MAIL")
The U.S. Secretary for Navy, Col. Frank Knox, an- nounced yesterday that the 1,600 Marines in Shanghai, Peiping and Tientsin are not withdrawing, as reported.
The State Department an- nounced it had instructed consuls in the Orient to fur- nish estimates of the number of American citizens plan ning to evacuate. On the basis of these estimates, it will be decided whether. to despatch special ships. International... News, Service.
throughout the British Press and it is pointed (SPECIAL TO “CHINA_MAIL") out that the decision cannot come as a sur- prise to Japan.
The temporary agreement, says "The Times," failed in its purpose: The public opinion which accepted it as a regrettable necessity of the time will not lament its de- mise.
meet threats of violence by.sub. mission and the answer should bring forth that prudence which -used to govern Japanese - po-;
Hey,"
The Air Ministry in feared British and American con- London broke a hitherto
stringent rule last night. The slump was particularly It issued full details of six Ger- heavy on popular shares
like man aircraft and their markings. 'Wheelock, Ewo, Telephones, number and the names of the
Yangtsze and finance, Havas. crew, where identifiable, together "So far from attempting to en- with the place where the machines sue. peace in China, the Japanese Tense Air
were snot down on Tuesday, in Government are still prosecuting order to refute the German alle their undeclared war. Nor has Reuter says a tense air of sup-gation that only three German the agreement brought about any pressed excitement hung over machines were shot down.
improvement in Anglo-Japanese The "News-Chronicle" says "WC. Shanghai as local American resi- The Air Ministry state that Ger- relations. On the contrary, with- welcome this decision, but we still dents discussed possible evacua- man High Command communiques in a few days of its signature, say that the road · should never tion of the city following the most always contain au untrue their deterioration was marked by have been closed." dramatic announcement from statement on enemy air losses an inspired anti-British press The comment of the "Daily Washington that the American Reuter.
campaign and by the arrest on Mail" is: The re-opening of the consulate in Shanghai would
flimsy charges of British subjects.road should cause no surprise, shortly issue a formal circular ad-
Not A Peep
least of all to Japan. Japan, in vising 3,000 Americans in the
fact, has asked for its re-opening. Shanghai district to leave China
Reuter. unless they had urgent business,
It is pointed out that any in- mediate wholesale evacuation of Americans from China is out of the question as the necessary ves- sels are not available. All Amer- ican President Line vessels are fully booked up for the next three months.
PALESTINE TO JOIN CONFERENCE
It was announced in Jerusalem yesterday that Palestine will be represented at the Eastern Group
Delhi Conference at New
The "Daily Telegraph" declares Government that the Japanese has no title to make so much as
SIR HENRY HEAD a protest against the re-opening of the Burma road to China. The
DIES AT 79 used the Japanese Government interval to embitter the struggle, Sir Henry Head, the eminent on to enter into a pact with our neurologist, died in London October 25 called to devise mea- enemies and against the United the age of 79 yesterday from
co-ordination sures for the
trembl- of States and ourselves...
Parkingson's Disease However it is believed that war supplies in the British Com- "Neither country, as Mr. Ing paralysis which he fought In the event of an emergency monwealth east of Suez.-Reuter. Churchill remarked, is apt tal throughout his career-Reuter...
DAKS
GREYS
at
The Messageries. Maritime office. in Shanghai this morn-. ing announced a regularly - service between monthly Indo-China and. Japan., via *Manila and Shanghai The service will be started by: the s.s D'Artagnan from Saigon
21. on October
Several freighters will ply between. Shanghai and Saigon, main- ly taking rice to Shanghai Havas.
(SPECIAL TO "CHINA .MAIL")
The Double Tenth was marked in Shanghai this morning by the discovery of two hand grenades at the en- trance to the printing plant. of the "Chung Hua Jen Pao," Wang Ching-wel daily. One grenade exploded;. no damage was caused and no-one was hurt. A suspect has been arrested. Havas.
are legion
this year
!
They range from the palòst silver to a new and vary-smart dark gray-good for wearing with the now light sports jackets. Daks, the famous comfort-in-action trousers are also n
made in twoods, gabardines, whipcords, linens and corduroys this year. Come, and soothem.
They are in stock in all colours and sizes (from 30" to 43′′ waist)
in varying leg lengths also "Daks" shorts
Sole Agents:- WILLIAM POWELL, LTD. 10, Ice House Streer
SEVERE FIGHTING
Severe fighting between Chin- ese and Japanese forces is said to be going on in the vicinity of Chengnankwan, strategic. highway pass on the Indo-China-Kwangsi border!
No details are available in Chungking. Reuter.
The prefix'Special” to telegrama is used by the “Sunday Herald", and "China · Mall to Indiosta, news which
airletty copyright under the provi:| sions of the Tatacommunications ON dinance, 1930, and may not be reprint éð fundar. Any ~ circumstances, olthe wholly or in part, without prior rangement.
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