JAPANESE FOOTHOLD Strengthening Lines Along Creek
GOLD STAMPEDE
IN LONDON
BUYERS PAY PREMIUM, MANY CONVERSIONS
London, Nov. 4.
Was
THE
HONGKONG
TELEGRAPH.
+
LETTERS TO THE
To
EDITOR
the Editor,
Hongkong Telegraph:
FRIDAY, NOVEMBER 5, 1937.
Recognition Of Franco Not Intended
Britain Is Merely Making Contact
BRITAIN BEING BLUFFED
Labour Peer Tells House Of Lords
The returning popularity of gold as the world's bent security Shanghai, Nov. 4 (8.09 pan.).
forcibly portrayed at to-day's London Sir-Reports have been publish-
in
of the press The claim that the Japanese are dxing when buyers paid a premium ed
Hongkong holding posts along a line about dive of ninepence over American shipping to the effect that as a result
London, Nov. 4. milca long on the south side of Soo-parily, which is the highest Agure of
casunities suffered by
London, Nov. 4.
Britain's strategic position in the chow Creek to a depth of from half since the stampede to gold after the the Royal Ulier Rifles in Shang- The diplomatic correspondent of Mediterranean was debated in the a milo to a mile was made by
collapse of the European gold bloc hai on Friday, October 29th, the men
the Daily Herald states that "The House of Lords to-day. Japanese spokesman to-day. He re- last autumn.
of the battalion had given expression fused to say how many troops were
Lord Sirabolgi (Labour) said Bri- Well-informed quarters belleve to so hostile an attitude towards the Cabinet has decided in its own minds involved in the operations-Reuter.
that the rush to gold recently has Japanese that the question of remov- that General Francisco Franco is tuin's position in the Mediterranean been accentuated by the unfavourable ing the Bottallen from that part of going to win, wherefore it has de-was extremely strong, whilst Italy's' United States Industrial outlook. the perimeter defence continuous to cided to grant Franco "de facto was extremely weak because of her.
ferees in Libya and Abyssinia. Many continental investors with the Japanese forces had been con- The Japanese units which crossed large holdings of American recurities (sidered by the Military Authorities. recognition at the earliest possible Gibraltar to-day was not invulner-
moment," by appointing Sir Robert abic, as was once thought. fcare of further
His Excellency, the General Officer | Hodgson "official agent" and Mr. to the south side of Soochow Creek are selling out on
Geoffrey Thompson "assistant agent,ties was like a game of poker, and He added that International poli- to represent Great Britain in the Britain was being bluffed successfully
all along the line. Insurgent Capital. was also efflcini agent "in Moscow for the Government, said the
The Marquesa of Dufferin, replying
NO JUNCTION YET
Shanghal, Nov. 4.
to effect a junction of their forces launch a general drive to the south- west, according to information from Chinese military headquarters.
last few days are fighting frantically to gold and thus weakening the trend form you that the reports are entirely at several isolated points during the depreciation, converting the proceeds Commanding, las directed me to in- of the dollar in terms of the majority without foundation and furthermore, of European currencies-Reuter.
that similar reports have not appear ed in the Shanghal Press. The Royal Ulster Rifles were relieved in their scetor of defence in accordance with In previously arranged programme of reitets and no change was made on account of the shelling which caused the casunlites referred to above.
Despite furious fighting last night and NEW YORK to-day the Chinese forces are still
keeping the Japanese units split up.
STOCK
EXCHANGE
A flerce close-range battle is going on in the vicinity of Hmchlachlao and SWAN, CULBERTSON & Wuchlaku. The Japanese have sent
a dying column to attack the Chinese FRITZ LATEST REPORTS
t Talchinchai.
It in admitted by Chinese sources that 2,000 Japanese troops crossed the creek at Shunchipang where it is very narrow during the last three days. have However, the Chinese forces
south halted the Japanese advance and inflicted heavy damages on the Invading forces.
New York, Nov. 4. S. C. & F. New York correspondent
cables:
Stocka: The market shows a fairly
impressive undertone and seems likely
to hold at above the recent lows.
Callon: There was some foreign and hedge-selling on a thin market, with Trade buying the chlet support. At one time early this morning the The Farm Bill is lagging, but a Japanese broke through the Chinese Voluntary Control Bill is probable, lines at Yaochinchal but late this with goal of
of 28,000,000 acres for afternoon the Chinese recovered 1938, A Government estimate of the total world supply of all growths shows 51,000,000 bales.
their territory.
1
It is also claimed that during the Whent: Unfavourable factors to- fighting around Luchtachal the Chin-day were rains in the Argentine and e killed 70 Japanese who barricaded in the dry sections of Kansas, poor themselves in a number of foreign-export figures and large Russian ship- style houses. It is stated that 40 other ments. The uncertain business out- Japanese are stil holding out in look is discouraging outside interest. these buildings-Central News,
POOTUNG BOMBARDED
Reports are current to the effect that England is prepared to make large purchases of wheat and oil. Shanghal, Nov. 4. Corn: A 50-cent loan la probable, Japanese planes and warships te-on corn with a moisture content of not day subjected Postung to one of the over 14%. heaviest bombardments since the opening of hostilities.
The British Troops in Shanghai are performing their difficult task with complete impartiality and no provocation will make them depart from the proper performance of this duty.
His Excellency, The General Officer Commanding, will be grateful if you publish this letter.
I have the honour to be,
Sir,
Your obedient Servant,
N. M. S. InWIN
Colonel, General Staff.
U.S. COMMODITY
PRICES
LATEST CABLED
QUOTATIONS
New York, Nov. 4. The following quotations on the Rubber: Offerings of c.lf. rubber New York commodity exchange are and lack of factory Interest contri-issued by Reuter, buted to the casiness of to-day's - market.
Hides: A large packer is reported
Bombers taking off in relays from the aerodrome at Point Island rained acores of mlasilea at Yungchingchen, to be prepared for the orderly dis- December killing three non-combatants, in-posal of from 40,000 to 50,000,000 January Juring six and wrecking OVET
dozen houses.
abides weekly in order to break the March dendlock and he is at present Inviting May tanners to bld.
The Japanese warships anchored in the Whangpoo concentrated their shelling at Lukaldeo and Yangkaidoo and strafed the shoreline mach|no-guns.
over
Sugar: The market is stagnant.
& F. Dow Jones summary ofj S. C. yesterday's markets;
There was little in-
July
October Spot
New York Cotton
Opening Closing 7.01/02 7.04/04 7,62/59 7.03/05 7.67/69 7,09/60 7.71/73 7.75/75 7.77/76 7.80/80 7.86/80 7.00/00
7.70
with
The volume of business slackened The Firat Notice Day for December to-day on cautiousness due to the Cotton is November 24 with Delivery Two planes scouted
Kia Aeneral uncertainty with regard to Date December 1. changmino,
the the tax outlook. Tungkaldeo and South Station but flew away without fluential news, although some invest- dropping any bombs.-Central News.ment buying orders were encountered at prices under the market. There are more rumours current of an in-
· In eres in the gold price ari attempt
alem the business decline.
The that the Southern July
BATTLE SHIFTS
Shanghai, Nov. 4.
New York Rubber
December January March May
14.61/70
14.55/05 14.72/73
14,73 N 14.83/84
14.00/75
14.80/89
14.75/77
14.05/05 The scene of battle bas now shifted | announcement
15.06b/00a to Wuchlafu, on the south bank of Pacific Railroad will soon order 15,- September
October
15.10 N the Soochow Creek, where severe en-000 tons of rails has somewhat im-
Sales for the day: 5,010 tons counters" between the Chinese and proved the steel-outlook. ---- ---- -- Japanese troops are talding place on
Chicago Wheat a major scale.
Curb stocks and bonds were lower,; but United States Government bonds were higher.
Dec. Wall Street Journal morning com-May July Brokers say that there are increased nests were detected and destroyed bargain-buying orders under the by hurling hand grenades. The market, although most of such orders Japanese forces were taken
comare at extremely low prices. pletely by surprise and beat a hasty retreat.
Under cover of darkness the Chin- cse soldiers launched several attacks meni: in which Japanese machine gun
balloons to reconnoltre the Chinese
01/01% 80/895% 01/00
00/00% 85%/85% Wednesday's Sales:
36,095,000 bushels.
Chicago Corn
50/57%
57%/57% 596/58% 59%/50
5954/59 % The First Notice Day December Grains is November 30 and the last day December 20.
According to cables from London, an improvement in the demand for
Dec.
May
July
115
At dawn the Japanese sent up copper is expected later this year.
The Street was impressed with the positions and direct heavy artillery accelerated volume of business fire on the concentration of Chinese prices declined yesterday. troops. The Chinese replied
Dow Jones Averages;. with howitzers - and an artillery duel be-
gim),
30 Industrials
20 Nails
bom-40 Bonds
Nov.3. Close 130.14
128.84 32.38 32.27 Dec. 21.50 May
Winnipeg Wheat
11/111% 110/110 21.48
1104/110% 100%/100% 04.42 94.17 The last Notice Day for October
Winnipeg Grana is October 30,
Some 2,000 shells were fired in the 20 Utilities ourse of yesterday's intense bardments between the two forces. 11 Commodity Index 53.96 53.53 It is believed that the casualties on both sides are exceedingly high.
Meanwhile both sides are expecting reinforcements and a keener 03- slaught is expected in the next 24 hours-International News Agency.
CONSIGNEES' NOTICES:
BURNS-PHILP LINE
From MELBOURNE, SYDNEY, SALAMAVA, RABAUL, CEBU zhd MANILA
The Steamship,
"NEPTUNA"
Consignees of Cargo are hereby informed that all Goods are being landed at their risk into the bazar- dous and/or extra hazardous Go- downs of The Hongkong and Kow- loon Wharf and Godown Co., Ltd., whence and/or from the wharves delivery may be obtained.
No claims will be admitted atter the Goods liave left the Godowns, and all Goods remaining undelivered after the 6th November, 1937, wil be subject to rent.
All claims against the steamer must be presented to the Undersign- ed on or before the 20th November, 1037, or they will not be recognized.
To
with the General Bond- comply ed Warehouse Regulations consignces must have a Revenue Officer in at- tendance when damaged dutiablo goods are examined,
All broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 5th November, 1937, at 10 am, by Messrs. Goddard and Douglas.
ed.
No Fire Insurance has been effect-
Bills of Lading will be counter- signed by
Agents.
The paper states that Sir Robert
But.
zole from 1921 to 1924, when the Soviet was recognized de facto and not de concern of Britain was to protect the Jute."
Both Sir Robert and Mr.Mediterranean as a highway, and Thompson are diplomats and the this was the object of the declaration very sending of diplomalie represen- which Italy and Britain had made. Latives constitutes de facto recogni- Reuter. | tion. The Ministers, having decided that General Franco is going to win, have also decided that it is necessary to placate him.
The writer added that the Duke of Alba has persuaded the Cabinet that the British recognllion would strengthen the monarchial faction in Spain over the Fascists, ultimately the result being the enthronement of Don Junn, "who La definitely British. United Press.
RECOGNITION IMMINENT
STUDENT OUTBURST
POST OFFICE.
CHRISTMAS AND NEW YEAR CARDS
Christmas and New Year cards bearing not more than five written words and enclosed in open envelopes are accepted by the Post Office at the rate for printed matter, Le. 5 cents per 2 ounces.
Envelopes must not be closed.
CHRISTMAS PARCEL MAIL FOR GREAT BRITAIN
The Christmas Porcel Mall for Great Britain will be closed in the General Post Office and Kowloon Central Post Office at 5 pm. on Friday, the 12th November pera.a. "Comorin." The Public kindly requested to post early.
zro
This mall is due to arrive at London on the 17th December.
POSTAL ANNOUNCEMENT
The Public are reminded that the postage on Printed Papers Commercial Papers, Samples and Small Packets must be fully pre- paid. Insumetently prepald Printed Papers èle, are not forwarded. VIA SIBERIA ROUTE
Letters and Postcards for Europe and South America are for. warded "via Siberia" If so superscribed.
INWARD MAILS
Air Mail by "Pan-American Airways
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Francisco, 16th October). Manila
Straits and London Parcels, London
date, 30th September. Java
Shanghai
November 5,
Pres. Coolidge
November 5.
Pres. Grant
November 5.
Sarpedon Tilsalak...
November b..
November 5.
Conte Verde
November. 6.
Katori Maru
November 6,
Kingyuan
November 6.
Tyndareus
„November 6.
Anhui
November
Anyo Maru
November 7.
Behar
November. You
Nelcus
November 7.
date,
Straits and Europe via Negopatam
(Letters and Papers) London date, 7th October
Shanghai and Swatow
Japan
Straits
Straits
ProDemonstrations Outside Straits
British Embassy
Salamanca, Nov. 4. The Insurgents belleve that de facto recognition by Great Britain
is imminent-United Press.
Tokyo, Nov. 4. A demonstration was staged outside the British Embassy by 300 students Overseas University in from the Tokyo on the occasion of the anni- versary of the birth of Emperor Melji.
REPORTS INCORRECT
London, Nov. 4. Reports that Britain is about to Subsequently a deputation pre- accord recognition to Gen. Franco sented a document to the Counsellor understood to be incorrect, expressing resentment at Britain's though negotiations have been con- *betrayal of Japan from whose sacri- ducted for some weeks with regard fees she has derived so much in the lo inking practical measures for past." moking contact with the authorities
are
Straits
Air Mall by "Imperial Airways
Direct Bervice"-London
30th, October, Japon
Australia and Manla Calcutta and Straits Amoy and Swatow Japan
Manila
Straits
US.A., Canada and Japan (Seattle,
33rd October).
Straits and Europe via Suez (Letters and Papers) London, 14th October and London Parcels-London date, 7th October
Salgon Japan Japan of Straits Amoy Manila
of large areas in Spain occupied by The document declared that Japan the Insurgents, in which Britain loss waging a Holy War, large commercial Interests-Reuter, of which is "the
FULL COMMITTEE MEETS
London Nov. 1. For the first time for several months the full Non-Intervention
the object establishment permanent peace in the Far East. Britain's assistance to the Nanking Government is hindering the atlain- ment of peace?
The students,
concluded the
Committee will meet to-day. It will document, with a feeling of friend- be asked to adopt a resolution sei-ship urged the British Government to ting out a course of action to give reflect on the short-sightedness of its effect to the British plan for the policy.-Reuter. withdrawal of foreigners taking part
In the Spanish civil war. The pass- ing of the resolution
will give the Chairman authority to approach the two sides in Spain for their approval. -British Wirctcer.
BRITISH
STEAMERS
Seven Captured in Ports Belonging to Franco
London, Now 3:
Seek Japan's Terms For Orient Peace
Informal Meeting Of Brussels Dolegates- Lord Cranborne, replying to ques- tions in the House of Commons to-
Brussels, Nov. 4. day, said that seven British ships
An unofficial and informal meet- had recently been captured and de-ing of the Nine-Power Conference tained in ports belonging to General delegates, including the Russian but Franco's Government in Spain,
to-day dis- Chinese, The British Government had made cussed the question of sending an strong representations to the Insur invitation to Japan to tell the Confer: gents, and General Franco had ence what conditions she would lay undertaken to release them. Two down for a cesalon of hostilities. had already been freed.-Reuter.
BASILISK INCIDENT
Admiralty Denies Destroyer Sank Submarine
London, Nov. 3. After the First Lord of the Ad- miralty had reclted in the louse of Commons the story of the presumed
NMOPONY POPKORENA TONGACHENATICOTINALMARESIE ECOCETH attack on the destroyer Basilisk, and
At the
Peninsula
TO-NIGHT Special
Dinner Dance
Mahon
with
& Rucker
Entertainers Extraordinary
in the ---
Rose Room
No Extra Cover Charge
Reservations phone 58081
GIDA, LIVINGSTON & CO. LTD. THE HONGKONG & SHANGHAI HOTELS, LTD.
MONOVADISADAMADIOADADIOADALANADISADAMADİDASDODADIDAS DOISIRADADASIOKSIDACIÓNSIONSIDIO
“Hongkong, "Til November, 1937,
how on the return of the ship to Gibraltar and investigation of all the evidence, an announcement was made that mistake had been made, he was asked if he was aware that it had been suggested that in fact the submarine way destroyed but in order to avoid international com- plication it was glossed over.
Mr. Dulf Cooper replied: "There is no truth whatever in that sugESS-i tion."-British Wireless,
MARCH TO SEA
Insurgent Drive in Aragon Province About to Start
Hendaye, Nov. 3.
The Loyalista have announced that the Insurgents bombed Barbasto and à Illled about 80 civilians, including: many children,
Earlier to-day Mudrid reported that the Insurgents had bombed 120, wounding Lalena and killed 200, which possibly signalled the Insurgent drive on the Aragon front starting their "March to the sea."
However, observers
of the opinion that it will be several days before the main attack is launched, although the weather has improved, and the fronts are very active,—— United Press.
MOBILE
are
HOSPITAL
San Francisco, Nov. 1.
注
The Medical Bureau in Ald of Spanish Democracy learns that mobile hospital unit under the
leadership of Mr. Leo Flosser, of Sur Francisco, is, aboard the Queen Mary en route for Spain. Unitad Pren."
not
the
Calcutta und Straits Japart und Shanghai
Imperial Airways Plane November 1. Ozarda
Taiping
Tilawa
Novemba 1.
..November 9.
November ..
Yunnan
..November 9.
Comorin
November 10..
Emp. of Russin Conte Blancamono
November 10.
November 11.
Pres. Jackson
November 11.
Rajputana
Acncas
Aramis
November }). „November 12..
La Plata Maru
.November 15.
November 16.
„November 10,
November 18.
November 17.
November 17.
.November 17.
Philocteteg Shirala Gneisenau
Hosong
Pres. Doumer
OUTWARD MAILS
Registered and Parcel Malls are closed 15 minutes earlier than the time given below unless otherwise stated, and where mails are advertised to close at or before 9 a.m., registered and parcel mails are closed at 5 p.m. on the previous day.
Strulta, Sandakan, Ceylon, India, E. Terulcuni Mara ....................Fri, Nov. 5,
Fer
Per Frkiny
Date and Time.
Air Mail for "K.L.M. Service”—dus Terukuni Maru ...................Fri, Nov. 5,
Amsterdam. 14th November,
GP.0. and KP.O. Reg. Now, 5, 12.30 pm.. Ord.
....Nov. 5, X Dan.
and South Africa, Adeo, Egypt and Europe via Marseilles due Marselles, 1st December,
GP.Ö. and K.P.O.
Reg.
Ord.
Hofhow
Seistan
Halphong
Klungchow
Europe via Marseilles
Straits, Ceylon, "Indio, "East and Bangalore
South Africa, Aden, Egypt and.
G.I
Reg.,
Due Marseliles, 8th December
Ord.,
Japan, Canada, U.S.A., C. and S. President Grant
America and Europe via Victoria B.C.nduc Victoria B.C. 24th November and Europe vin Siberia
Parcels, Reg.,
Ord.,
Saturday
Nov. 5, 12.45 p.m. .Nov. 5, 1.30 p.m.. Fri, Nov, B, 2.30 pm. ...Fri, Nov. 5, 3 p.m. ....Fri. Nov. 5, and K.P.O.
Nov. 5, 6.00 pm. Nov. 5, 5.30 pm.
......Fri, Nov. 1,
.Nov. 5, 4 p.m. .Nov. 5, 5 pm.
..Nov. 5, 5.30 p.m.
Bat, Nov. 6.
G.RO, and KP.0.
Air Mall for North China and Nan- Eurasia Plane
king (via
the by Nankow) "Eurasia Airways Bervice" (to. farther polats by surface trans- port as Services permit).
Reg. .......Nov. 0, 9,00 am. ora.......Nov, 0, 0.30 am.
Formosa, Japan and *Europe viaKatori Maru..Sat, Nov. 0, 3.30 p.m.
Siberia
It is understood that the meeting agreed to re-invite Germany to the Conference and appoint sub-com-Air Mail for "R.L... Service Conte Verde Bat, Nov. 6 mittee of three or four States to ap- proach Japan,
China was not present owing to the nature of the subject, but any pro- posals arrived at will be submitted to the full Conference,
M. Maxim Litvinoff met M. Delbos this morning and lunched with Mr. Norman Davis.-Reuter.
H.K. STOCK EXCHANGE
due Amsterdam, 16th November....
G.P.0. and K.P.O.
Beg., .........................for. 6. a p.m. Ord........Nov. 6, 4.30 pm.
Straits, Sandakan, Ceylon, India, Conte Verde..........Sat, Nov. 6..
Egypt and Europe via Brindis due Brindisi, 28th November. ...
Manila
Air Mall for Manila, Guam, Hono- lalu and U.8.A., by the "Pan- American Airways Direct Ser- vice"dne San Francisco, 11th November.
Reg.. Ord..
Swatow
Exchange
The Hongkong Stock issued the following official summary Formosa at 3.15 p.m. yesterday:`
in a restricted market.
Buyers
G.P.O. and KP.0.
Reg. ......Nov, 0, 4.15 pm. Ord..........Nov. 6, 5 p.m. Pres. Coolidge Sat., Nov. 0, 4.30 pm. Pan-American
Airways Plano Bak. No, G.
Kowloon P.0.
Nov. 5, 5 p.. Nov. 5, 5 p.10
Sunday
••• Hupch Monday
Пеп,
G.P.O.
.Nov. 5, S pa Ord.........Nov. 6, Cam.
Hongkong Maru
Sun., Nov. 7, 9 am.
Mon, Nov, 0, 10.30 am. Pres. Adama Mon, Nov. 0, 4.30. pm. Tuesday
Firmer prices were again quoted
Manila
Batavia
Swatow
Straits and Calcutta
Parcels, Nov. 10, 10.30 am.
Amoy and Shanghai...
Hongkong Bank $1,610 Canton I. $250 Union Iru. $310 1. Fire Ins. $255 Indo-Chinas (Pref) 131 Indo-Chinas (Def) 243 IK. & X. Wharves $126. ILK & W. Ducks $20 Providents (01) 20 Provident (Now) Haubs $0
H.A. Batel
40
$3
10%
HK. Landa $31. 11. Tramways' $13.00 Star Ferries "BD1% Yaumati Ferries $205). China Lights (Old) China Lights (New) $12 H.K. Electrics $5916 Sandakan Lights $24 Telophones (Old) $20 Telephones (New) $2.10 Cements 12.40 Dairy Farms $24 Watsons 1414
Rinceres 1
Win. Powell $0.43 Vibro Pint
Maramani N.K.) - 4/00.
Sellers
Chlita Underwriters $1% J. Steambosis $9 1.K. Tramways $1300 China Lights (Old) $1 Cements $12.00
JK. Govt. 4% Loan 01⁄45% pm.
Balen
Providenia (New) $35/37}
I. S. latein 15/5.50 1. Lands gaths China Lights (016) $11,80, JL.K. Electric# #054/8%
Tjisaroen (1..Tues., Nov. 0, 9.30 am. Leesang. ...Tues, Nov. 9, 12.30 p.m.
Wednesday
......Wed., Nov. 10. Ord., Nov. 10, 11.30 am. Kingyuan.Wed, Nov. 10, 3.30 pan. Manila, Salgon, Bangkok, *Straits, Roggeveen..Wed, Nov. 10, 5.00 pm.
Batavia, Mauritius, *Lourenco Marques and South Africa
Friday.
*Inpan, Canada, U.S.A., and Europe Emp. of Russin
via Vancouver B.C.. (Parcels for:
Canada only)-due Vancouver B.C., 20th November.
Saturday
.Fri, Nov. 12,
Parcels,
Nov. 11, 5 pm.
Reg
Nov. 12, 9.13 m.
Ord.,
...Nov. 13, 10 àm.
Japan and *Europe vin Siberia. Rajputana . Fri., Nov. 12, 10.30 am..
Japan, Honolulu, U.S.A., C. and S. Presl. Coolidge
America, Canada and Europe vla San Francisco-due San Francisco 30th November and Europe vin Siberia.
Parcels, Reg
.......Sat, Nov. 13,
Nov. 12, 5 p.m. Nov. 12, 5 pm. Ord ......Nov. 13, 8.30 am..
*Superscribed correspondance only.
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