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SHANGHAI, HONGKONG, MANILA AND SINGAPORE

·Cable Address: Swanstock

December 14, 1938.

MOONLIGHT AERIAL BATTLE Chinese and Japanese Planes in Thrilling Encounter

Sheklung Scene Of Dog-Fight

CHINESE WARPLANES are appearing with increasing frequency over the East and West River

areas.

In an aerial combat over Shcklung, Kowloon-Canton Rail- way city on the East River, a Japanese plane was brought down; last Thursday, according to a report just received.

Sea Power

Britain's

First Defence

LONDON, Dec, 13.

THE UNITY AND INTEGRITY of the British Empire depend upon the maintenance of sea power. The navy, including the mercantile marine, is the ultimate sanction of British unity, declared Sir Thomas Inskip to- day.

Referring to the Singa- porc defences, Sir Thomas said: "They have had a profound effect both on the safety and unity of British defences, and they represent an achievement of the It very first magnitude. means that we world-wide system formidable defences.

have

a

of

"We are completing our de- fences both at home and in other parts of the Empire, so that no longer may it be neces- sary for us to refrain from ap- propriate action, and that no longer may our Foreign Secretary, or our Prime Minister, in this or any other country, be hampered by con- siderations of weakness or default on our part.

Mr. Malcolm MacDonald, -addres- sing the Constitutional Club in Lon- don to-day also spoke of the British Empire. He said that people talked about Imperialism as though it meant exploitation.

of weaker pin and domination

How

by strong people. Ignorant they are of the changes which have been going on Inside the British Empire, and which

have reached a a climax in our time." A new Imperialism, which was the antith:sis of that conception had grown up inside the Empire.

There were certain disintegrating forces inside the Commonwealth to day, and there was no doubt that some of the dominions had been bitten rather badly by Nationalism.

But he detected many counter forces making for the continued association and co-operation between all these nallons within the Com- monwealth.-Reuter,

Special Plane Bringing Mail

A SPECIAL IMPERIAL AIR- WAYS plane, the Dardanus is winging its way to Hongkong loaded with Australian mail.

The plane hopped from Bangkok an hour ahead of schedule this morn- ing, and should land at Kal Tak at 5 p.m. As a general rule the Aus- tralian mail is held at Bangkok and brought in with the English mail.

United Kingdom malls have been delayed this week, and the mail due to-day will be brought in to-morrow afternoon. Saturday's mall has alw been delayed 24 hours by a European held-up, and two planes will bring

through on Sunday.

it

However, it is expected that Aus- trallan mail and some English mail will be delivered by one plane on Saturday.

King's Christmas Tree For Poor

London, Dec. 13.

His Majesty's Christmas tree for the poor, will be placed outside of the west door of St. Paul's Cathedral on December 18, and gifts for it will be brought to the cathedral daily until Christmas Eve-Reuters

The Chinese planes appeared suddenly over Sheklung at about 10 p.nl., during the full moon. Three Japanese machines

took

eff to engage them and a spectacu--

lar moonlight dogfight ensued.

AN EMPTY SHELL-All that remained of the principal

A

The Oght above Sheklung lasted thoroughfare of Kwellin, capital of Kwangs Province, after

for about twenty minutes, the two Japanese nir raid on December 6.

remaining Japanese planes turning

tall when one of thelr machines crushed.

The Chinese planes, returned safely to their base.

SHARE PRICES

The following is the list of local. [share quotations issued this morning.

Banke

H.K. Banks, $1,385 n.

II.K. Banks (Lon. Reg.), $80 n. Chartered Bank, £9 n.

Mercanule Bank, A. & B., £27 Mercantile Bank, C. £13 n. East Asia Bank, $80 n.

Insurances

n.

Canton Ins., $210 n. Union Ins., $4873% 1. China Underwriters, 75 cls. n. H.K. Fire Ins., $182 5.

Douglas,

Shipping

b. H.K. Steamboats, $18 n. - Indo-Chinas (Pret.), $60 n. Indo-Chinas (Def.), $24 n. Shell Bearers, »/- 60/71⁄21⁄2 n. Union Waterboats, $9 n.

Docks Etc.

ILK, & K. Wharves, $117 n. H.K. Docks, (old), $183⁄41⁄4% b. and sa. H.K. Docks, (new), $17% n. Providents (old), $8 6. Providents (new), $5.80 n. New Engineering Sh. $3.60 n. Shanghai Docks, Sh. $100 n. Kailan Mining Adm., s/- 17/9 n. Raubs, $9.70 n.

Venz: Goldfield, $3 n.

Hongkong Mines, 774 cta. n.

Philippine Mining

Antamoks, P. 49 sa,

Atoks, P. 25 sa. Bagulo Gold, P. 23, Benguet Consol., P. .13.00 sa. Coco Grove, P. 45 sa.

Consolidated Mines, P. .0035 0. Demonstrations, P. ex. dlv. 27 6. I.X.L., P. .65 sa. Parneale Gumaus P. San Mauriclo, P. 1.72 sa. Suyoc Consol, P. 19 United Paracales, P. 47 so.

Landi, Hotels, etc.

H. and S. Hotels, $6.75 sa. II.K. Lands, $351⁄2 b.

HK, Lands 4% deb. 107% . Shanghai

Lands, Sh. $0.00 n.. Humphreys, $ 5. H.K. Realtics, $5 b, Chinese Estates. $00 n.

མཐ༠་ Public Utilities

H.K. Tramways, $17.20 n. Peak Trams (old), $834 n. Peak Trams (now), $3% n. Star Ferries, $711⁄2 b

Yaumati Ferries (old), $23 n. Yaumati Ferries, (new), $22 a. China Light (old), $10.50 kn. China Light (new), $10.30 n. H.K.

Electric $58 50. Macao Electric, $17 n. Sandakan Lights, $11.30 b. $23.50 n.

Telephone

Telen ( $0.00 n.

Singapore Tractions, s/- 21/3 n. Singapore Pref, s/- 25/- n.

Industrial

Cald: Marg (ord.), Sh. $14 n. Cald: Mack. (Pref.), Sh. $13 n. Canton Ices, $1.70 n. Cements $15.80 n.

H.K. Ropes, $4.25 b. and so.

Stores, &c.

Dairy Farms. $25 n. Watsons, $7.30 b. and sa Lane Crawfords, $8 8. Sinceres, $2 m.

Wing On (H.K.), $30 n. William Powell, Ltd.. 00 cta. I..

Cotton Mille

Ewo Cotton Sh. $10.80 n. S'hal. Cotton Sh. $100 n. Zoong Sings, Sh. $24 n. Wing On Textlies, St. $40 л.

Miscellaneous

H.K. Entertainments, $6.30 b. Constructions, $144 s. Vibro Piling, $7 n.

Ch. Govt. 6% 1928 G$ Bonds,

72%.

H.K. Govt. 4% Loan 0% prm. b. H.K. Govt. 3% Loan par b. Marsions (Lon.), s/- 10/3 n. Marsmans (HI.K.), n/~ 3/~ n.

Serious Difficulties Ahead of Japan

LONDON, Dec. 13.

"REUTER" UNDERSTANDS that the interviews between

Mr. Arita and Sir Robert Craigie were entirely unofficial, and hence, no official cognisance can be taken of them.

It is also pointed out that!

despite profuse hints by Japanese speakers, and articles

in

the Japanese

press,

Japanese Government hitherto has not communicated nny explicit statement of its desire to repudiate the Nine-Power Treaty.

Meanwhile, Mr. Vernon

and

Bartlett,

OI

Italians Now Claim

Seaport In Somaliland

M., writing in the News-Chronicle says that he understands that Arita, when Interviewing the British American Ambassadors Inst weck, emphasised

his

polley gradually

excluding their compatriots from economic life in the Far East, though he made no direct threat to denounce the Nine-Power Treaty, which would doubtless lead counter-measures against Japanese to Corsica, Djibuti and the Suez trade elsewhere.

Sir Robert Craigie's protesis, Mr. article in the "National Zeitung" Canal are supported in a leading Bartlett understands, met with which sometimes reflects the bland assurance that preferences be-

མ་ལས་

to

BERLIN. Doc. 13. ITALY'S CLAIMS in regard

tween the For Eastern Powers would opinion of Field Marshal Goer- benent China.

ing.

"These assurances carry less and "Berliner Zeitung" stales that less weight with the British Govern-since Abyssinia belongs to ment, and it would not be surprising Djibuti, which ช under

Italy.

foreign

If the difficulties become acute in the control, has become a way in and New Year."

way out for the Italian Empire and this cannot remain so.

YANGTSE BATTLEGROUND

of

Djibuti is a port wherein at this

STATE OF DEFENCE

The "Birmingham. Post", in an hour European interests centre.- editorial, stated that the Yangise Reuter. valley was going to be battleground, where the free trading nations of the world would have

to fight the

Rome, Dec. 13, grandiose Japanese conception

While all the newspapers feature closed economy.

articles seeking to justify the Italian The newspaper urgently warned claims against France, the Tribuna!! manufacturers interested in Chinese publishes a Tunis report to the effect trade against a short-sighted policy that Italian residents there have of assuming they will do better with "seen to puting themselver in Japanese agents than with the old state of legitimate defence." established British Arms in China.

12

The newspaper adds that there are The call to stand by the latter ne detalls beyond stating that steps has a realistic basis, and in no way have been taken in accordance with depends on sentiment.

the Fascist conception, that is to any

In the long run British commer-the Itallons are perfectly prepared cial interests in Chian must depend for a counter-offensive."--Reuter. on

the Chinese, and not on the Japanese.

If the manufacturers of the United Kingdom and the British merchants in China present a united front, they will save a substantial part of their businesses, but disunity will be fatal -Reuter.

No New Fiduciary

Japan Seeking Oil From Mexicans

Mexico City, Dec. 13.

It is reliably reported that Japan Is negotiating for the purchase of 30,000,000 borrela of oil from the

Issue For Britain Mexican Government on more ad-

London, Dec. 13.

vantageous terms than those enjoyed by Germany and Italy, as the trans- faction is to be arranged without Asked in the House of Commons agents-Reuter. whether

be

would consider a permanent increase in the fiductory

issue, in view of Increased Govern-Simon replied that he did not think ment borrowing for defence, Sir John such an action was desirable.-Reuter,

NEW PARLOPHONE RECORDS

F1287-When Mother Nature Sings Her Lullabye. 17.

Silver on the Baro. F.T. F1230-Jan't It Wonderful F.T.

Moonshine over Kentucky, F.T. F1239-01 Man Mose. F.T.

.JAN GARBEN'S ORCH

Between the Devil & the Great Bits Sea. F.T.

F1240----Says My Heart.

You'll Always Be My Sweetheart.

F1241-Liebestraum,

Teddy Bear's Pienia.

| F1234—Muslo Maestro Please.

Little Lady Make Belleve

F1237--Small Fry.

... It's the Rhythm in Me | 12570—Magyar Melody. Hungarian Airs

Crew Of Wrecked OTC-Para Parade,

Steamer Saved

Paris, Dec. 13.

EDDIE DUCHIN'S ORCH.

VICTOR SILVESTER'S ORCH.

...NAT GONELLA'S ORCH.

ORQUESTA TIFICA FRANCISCO CÂNARO,

TEDDY WILSON & HIS ORCH.

MAGYARI IMRIE & HIS HUNGARIAN GYPSY ORCH,

Tangu, Adios Muchachos. Tango

R2582-Tisket A Tasket.

Now It Can Be Told FI213-Cockles & Mussels. A crow of 30 belonging to the

All the Nice Girls Love A Salior Loyalist Spanish eller Le Fac 61,

JOE DANIELS & HIS HOT SHOTS DRUMNASTICKS,: which was atranded near St. Pierre,

FIŻAG----Loħar Walls Medley have been rescued, according to re- p1252-Love Letter, Tango Argentino,

IVOR MORETON & DAVE KAYE. 2 Pianos, etc. ports from Narbonne,

At the initiative..of

Farewell Letter, Tango Argentino

HEINZ HUPPERTZ HIS ORCHL Spanish Consul in Perpignan, the

R2377-Upper Clam Love. were taken via Cerbare to

Brevity in the Soul of Wheat Barcelona.

RONALD FRANKAU, (HUMOU TSANG FOOK PIANO COMPANY:

19, Queen's Road C

the Loyalist

The steamer was broken in two, and is reported to be a total wreck Trans-Octan.

Marina House,

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