KIANGSI VICTORY Encirclement Of Japanese

CHUNGKING, Mar, 30(Cen- 'tral News)-In the Battle off Klangsl, the Chinese forces have scored a smashing victory over the Japanese, declared spokesman of the National Mili- Mary Council In a press interview

yesterday.

Exchange At A Glance

SELLING

T.T. Japan TT. India

U.S.A

T. Manlin

T. Batavia

the

TT. Bangkok

Among the casualtica suffered by the Japanese was one division commander according to Japan-| ese captives.

Three Japanese divisions participat- ed in the recent abortive offensive ini northern

ก Klangsl. Advancing three routes, the northern column wast intercepted at an early stage of the campaign and thrown back with losses, while the central and southern columns pushed forward und pene-

T.T. London

.1/23%

Demand London

T.T. Shanghai ..

T.T." Singapore

1021/

829%

.244.

40 45

105

.103

17642

BUYING

1/32

.173%

253k

.84%

T.T. Saigon

1.T. France ... TT Switzerland TT. Australi

4 m/s L/C London

4 m/s D/P London

4 m/s 1/C U.S.A.

4 m/s France

30 d/s India

U.S. Cross rate in London 4.02 US. Cross rate in N.Y...5.03%

iraled to preas north-east of Shang- STOCK MARKET

kno, south-west of Kaoan and the southern bank of the Chin River, where they have been dispersed, cul up and decimated.

Chinese

In

Held In Net Surrounded by th there arens since March 22, the spokesman continued, the Japanese RVC made repented attempts to escape encirclement but so far have been frustrated.

The hattlefeld is strewn with Japonèse war dead. Most of the bodies are minus one hand which, according to Japanese captives, has been cut off and taken awny as identi- fication of the men killed in action. War booty includes field pieces, machine-gims, rifles and ammunition.

Fengsin Recaptured SHLANGKAO, Mar. 30 (Central) News)-Fengsin, important city in northern Klangs was recaptured by the Chinese yesterday afternoon following a sanguinary engagement. The Japanese are rétreating.

Chinese authorities have entered) the city and are taking immediate measures for the relief of the re- fugees.

Entered Closed Port

River Captain Fined

Capt. R. Pareout, master of a river steamer, was Aned $40, with the al- ternative of ten days' imprisonment, by Comdr T. C. sur at the Marine

when he admit Court this morning,{ ted allowing his to enter

ship Tathang Channel, 4 prohibited and controlled area, whilst the "port closed" algnal was hoisted at Cape d'Agullar on Marel: 16.

In

halt

the

officer said that at the time estion the visibility was about | a mile and

and he was instructed to inform the master of the steamer by wireless to watch out for the mgnals at Cape d'Aguilar.

REPORT

Hongkong Stock Exchange Offelat Summary, issued Saturday, Buys:

The market continues' firm with a eneral demand for leading shares. Buyers

1.1. Banks $1.335 Bank of East Asia $70 Canton Ins. $232.50 Union Ins. $430 H.K. Fire Ins.

$182

Indo-Chinga (Pret,) $80 Wharves X.D. $89 Docks X.D. 315.65 Providents $5.30 Hotels $3.15 Lands

$32 Humphreys $6,70 Realties $3

Trams $10.40

Vaumati Ferries $23.75

Luultis "O" $0.20

д

Lights "N" $1,75

Elecirles C. Rts. $39.50

Macno Electries "O" $18.25 Macao Electries "N" $17.25 Telephones "O" X.D. $23.30 Telephones "N" X.D. $8.90 Cements $17,50 Ropes $0.90

Watsons X.D, $9.70 Entertainments X.D. $6.30

Sellera

11.K. Fire Ins. 188 Providents $5.35 Telephones "O" X.D. $23.50

Sales

Canton Ins. $222.30 1.K. Fire Ins, $185 Docks XD. $15.00 Providents $5.30

Electrics C. Rts. $39.75

KING'S PRAISE Indians At Keren NEW DELHI, Mar. 30 (Reuters. 11ls Majesty the King has sent the following message to the Viceroy: "I heartily congratulate India on the Capt. Pareou said that when he part her armed forces have played in ame in at 0.30 am. he saw a red the capture of Keren. This victory light at Cape d'Aguilar but about ten in the face of heavy odds has added minutes later, on his return to the fresh murels to India's military re- bridge after having had a cup of tea,nown." he could not see

It it.

was very The Viceroy replied. "Your Ma- Jesty's gracious werds will be most misty at the time.

Cendr Stiff: If you are not cerdeeply valued by all ranks in the tal of the signal you are to krep Indlan armed forces and will be of well clear. Don't you know of thit the greatest possible encouragement regulation?

Capt. Parcou: Naturally, I do Comdr Sur: I shall have to fine

you $40, in default ten days.

Junk Foki Offends

For

+ similar offence, Cheung Kwal, foki in charge of trading junk T5480H, was oned $20, with the elternative of three weeks' imprison- 'ment.

to them."

Nazi Freighter

Monday,

HONGKONG TELEGRAPH

MEANT MUCH 10 NIM-racun show unrestrained emotion as the last parade of regimental flags is held in Marseilles, Franco, before the regiments were disbanded, symbolic of Franco's fall. The man in foreground is overcome.

Nazis Are

Hungarian

Plotting Revolt

An imminent, Nazi-inspired uprising of the Hungarian Arrow Cross (Fascist) Party, whose black list promises a blood- bath even more terrible than that of the Rumanian Iron Guard, has recently alarmed Hungarian Government circles.

March 31, 1941.

NANKING REGIME

First Anniversary 'SHANGHAI, Mar. 31 (Reuter). Maren 30 ceicbrations muck.ng the first bulversary of the inauguration cf the Nanking regime passed ni without incident in Nanking, Record- ing to reports reaching here.

Wang Ching-wel, President of the Nanking Japanese-sponsored Govern. ment, opened the celebrations in the morning with a speech re-affeining the co-operallon of the Nanking re- gime with Japan..

City Decorated

The entire city was bedecked will bunting and flags of the new regime and later Wang Ching-wel reviewed units, troops und guards of the new regime at the Central Military

Academy.

The first day celebrations ended the with

commemoration batt In evening at the International Club in which discussions for setting up the regime bad first taken form over a year, ago.

Shanghai Quiet ̈

SILANGHAI, Mar. 31 (Reuter).-- March 30 passed without incident here though the Police in both the the International Settlement and French Concession greatly increased the number of barricades and had purtles un the search

numerous streets.

It was feared that an outbreak of terrorism would mark the first an- niversary of the inauguration of the Nanking Government.

ENEMY PATROL SHIP SUNK

LONDON, Mar. 30 (Reuter),--With

Maj. Ferene Szalasi, leader of the Arrow Cross, intends to stage a revolt that will wipe out all opposition, including Regenta single bomb, a Coastal Command Horthy, Premior Telekl and other members of the present govern-Blenheim to-day sank a German ment, according to a New York message.

Hitler appears to have lost patience with his junior Axis partner, which still allows a group of anti-German politi- cians, headed by the former Premier, Count Stephen Bethlen, and Karoly Rassay and Tibori

the

H.K. Stock Market

The following quotations were

1,340 b.

.74 n. .77 n.

Eckhardt, Agrarian Party lead-issued on the Hongkong Stock Mar- er, to criticise the policy of rid-ket this morning. ing on the Nazi bandwagon. Publle resentment #gainst Hungarian-German alliance, reflected in the liberal press, is growing daily. Students, hitherto enthusiastic Nazis, are demonstrating constantly against German infiltration which has re- duced Hungary to the status of a vassal state."

Fascist Released

On several occasions police have had to break up groups of students who climb flag poles in an attempt: to tear down Nazi and Fascist flags. Maj. Szatusi was recently released from prison, and since the signing of the Axis allance, has lost most of the former support of students, state offeinls and members of the midole class. The Nazis also have begun to throw their support on the side of Bela Imredy, former Right Wing Premier, who resigned in February, 1939, on learning that his grand- parents were Jewisit. He always has been

Serce exponent of Nazi doctrines.

Horthy's Aides Pressure from Berlin has caused the removal of several trusted aide- de camps of Admiral Horthy's mill- tary suite. Col. Ladising Magastinz, for instance, has been forced to quit his post because of his well known anti-Nazi sentiment, And Hungary's Regent is now surrounded by mill-

Be tary hides recommended by Wilhelmstrasse.

BANKS H.K. Banks $. H.K. Eanks £...... H.K. Banks (IX.) Chartered £ Mercantile, A. & B.£ Merennille C. Г

Enst Asin $.

INSURANCES

Cantons $..

,2221⁄2

Union $..... China Underwriters $. H.K. Fire $....

Douglas S.

SHIPPING

Steamboatz $.. Indo-Chinus P. $: Inao-Chinas D. S. Shell (Bearers) 5/- Waterboats

DOCKS ETC. Wharves $ x.d. Locks (old) $ x.d. Providents $. S'hai Dockyards

Kuilan s/- Raubs $..

MINING

LANDS

· H.K. Mines

Hotels $.. Landa $.. Lanas 4% Debentures Star Landa Sh. S Humphreys 5. H.K. Realties $. Chinese Estates $ x.d.

UTILITIES

21% n.

10% n.

70

17.

b. & sa. ..430 b.

..

185 0:

135 11,

... ST.

.80 b.

60 n. 41/10% n.

..7.

anti-submarine vessel off the Estuary of the Loire. The bomb struck the ship forward of the bridge, says the Air Ministry. There was a terrific explosion and the ship caught fire and was seen to be sinking rapidly,

STRIKES IN U.S.

NEW YORK, Mar. 30 (Reuter),-- The strikes In the various United States defence industries show some improvement,

It is announced that a Settlement has been reached in the Bethlehem Steel Company's works at St John- ston, Pennsylvania. ston,

C.1.0. (Congress of Industrial Organisation) workers. at a meeting In Chicago agreed to return to work immediately at four International Harvester Company factories which have been closed for eight weeks.

Booklet On Battle

Of Britain

LONDON, Mar. 30 (British Wire- less). The author of the 8,000-word 86 b booklet. "Battle of Britain." is II. St .15.05 b. G. Saunders, who has written a rum- .5.30 b. & n. ber of thrillers but probably never

..28 7.

such an exciting one as this in which the Luftwaffe's he records the

of R.A.F. Bighters. 15/-. defeat at the hand

Saunders, whe is a civilian member 14 cts. n. of the Air Ministry Intelligence Section, had the advantage of the

8 r.

of

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3.15 b. assistance of some six other members HONG KONG & CHINA GAS COMPANY, LTD. .32% b.of the Section

ction in collecting, checking 97% n. and re-checking the facts set out in 12.10-the-booklet

.8.70 b.

Fifty thousand copies of the "Battle .3 b. of Britain" have already been sold ..98 n. and a further 300.000 have been ordered by the general public.

the

Trams S... Peaks Trains (old) $. Peak Troms (new) Star Ferries $.

10.40 b.

.7% n.

.3% 21.

5414 n.

.2334 b.

0.20 b.

.30

Neutral diplomats and newspaper- men were surprised to see new und unknown faces among the large delegation of military observers that accompanied Premier Teleki when he signed the Axis pact in Vienna.

Horthy Anti-Axis

Y. Ferries $.

China Lights (old)

Chine Lights (new) H.K. Electries $ cr.

Matsuoka Leaves

For Rome

LONDON, Mar. 30 (Reuter)--Mr 134 b: Yosuke Matsuoka,

the Japanese

sa. Foreign Minister, has left Berlin for

Macao Electrics (old) $18 b. Rome. Macoo Electrics (new) $..17 Sandakan Lights $...

Telephones (new) $ xd.

INDUSTRIALS

b.

..12

b.

....9 b.

Cold: Macg. (Ord.); Sr. $...30 n. Cald: Marg. (Pref.), Sh. $..25 1. Canton Ices 5.

..I n.

Leaves S'hai SHANGHAI, Mar, 31 (Reuter) Considerable mystification and machi speculation Surrounds the unobstru- sive departure from Shanghai during was stated that defendant's the week-end of the large German It

the freighter Ramses, which had been Junk was found anchored in minefield on. March 29.

tied up in the local harbour since Defendant pleaded that it was his the outbreak of war. first visit to Hongkong and was not

The pres

present whereabouts. of the aware of the regulations. He added Ramses are not disclosed but it is

The message reveals that Reich- that his mainan had broken down unofficially stated that she has head-

swehr instructors" have been us and he anchored there to mend it. ed for Japan.

Telephones (old) $_x.d...234 It is learned that the ship left port signed to the Hungarian General Nazi Bomber Downed without first procuring clearance Staff and to the commanders of all LONDON, Mar. 30 (Reuter)-Only papers from the local authorities. army divisions. Gen. Keresztes-Fls- Water-front circles in Shanghai cher, brother of the Hungarian In- three German bombers ventured over

terior Minister, has been dismissed the British coast in daylight to-day, believe that the Ramses, which is of

from his

for pub one of them crashing near Middles-7.093. tons, will most probably be

his resentment at being brough, shot down by n Spitfire converted Into a raider.

The only olher large Axis ship In

by Prussian militarists. patrol.

Shanghat is the Italian Conte Verde, The

know that Admiral Nazis

anil-Axfx Horily is of 18,500 tons.

is strongly somewhat pro-British in his foreign policy. Elster knows that he cannot expect full co-operation from Hun-

Horthy Admiral

and cary with others in the saddle.

Admiral Horthy's speech delivered shortly before his visit to Germany in 1938 I remind the extremists (Arrow Cross Party) within Ilungary that I am able to deal with rebels as they deserve and I worn outside forces (Germany) not to interfere."

All the crew were killed,

CHINA DEFENCE LEAGUE

PREMIER PERFORMANCE

of the film

PASTOR

HALL

under the distinguished patronage of HIS EXCELLENCY,

SIR GEOFFRY NORTHCOTE K.C.M.C., who has kindly consented to be present.

LEE THEATRE

April 2, 1941 at

9.30

Proceeds in aid of

p.m.

WAR ORPHANS

Tickers $10, $5, $3 obtainable at 21 Seymour Road, Room 3 Gloucester Building, Messrs. Moutries, Loo Theatre.

Booking at Moutries.

Berlin cannot forget

.7.30 a.

Cements

17 b.

H.K. Ropes 5.

and

STORES. &c. Dairy Farms $ x.d. Watsons $ x.d.

.17-n. .9.70. b.

Lane Crawlords $. Sinceres $..

.71⁄2 13.

.2.15 1.

39 n.

.1.00 m.

.45 n. ,200 n.

..07 n.

The Arrow Cross revolt, according to the report, is n distinct prob- ability-possibly a matter of weeks.

New Colossus

Of The Air

American Super-Bomber According to recent reports

Wing On (H.K.) Powell Lid. 3...

COTTON MILLS Ewo Sh S. S'hal Cotton Sh. 5. MISC. B.K. Govt 45% H.K. Govt J1⁄2% II.K. Covt 3% (1940)

(1934) ,14 n.

...94 n.

Ch Govt 5% 1925 CSBde...42 n. H.K. Entertainments $x.d. 6.30 11. Constructions (old) $. 1.08 n. Constructions (new) $. Vibro Pilling $..

.88 n. .} 11. 7.30 n. Marsmans Inv. (Zon.) 5/-..G/3 n. Marsmaus Inv. (K.) s/-..2/6 n.

Communists

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Thousands of convalescenta from 'flu and feverish colds get out of bed only to find that the after-effects are worse than the attack itself. This is where Phosferine can be of great value. It strengthens, braces and lovigorates it will put you on your feet. Get same Phosferine now I LIQUID of TABLETS Two Tablets equal ten drops of Liquid,

Climb Down PHOSFERINE

CHUNGKING, Mar, 31 (Inter

from Washington, D.C., Army national)It was learned to-day and Navy engineers have created that the Communists have withdrawn a super-bomber on paper which the twelve demands on the People's Political Council Tonditional on the dwarfs anything now in the air. sev

seven Communist members taking

One of these planes, which would part in that organisation. It is anid cost about U.S. $9,000,000 to build, that all differences between the Com- would be able to carry a useful load munists and the Central Authorities of 175,000 pounds, or a lend of 50 have been adjusted.. tons of bombs on flights up to 3,000

milca. Its four engines would deve- The Cominunists have realised that' lop a total of 28,000 horse-power and their cause, finds ittle support and enable the huge plane to attain that their intranalgent altitudo would weaken the united front. Their speeds up to 300 miles per hour.

Officials declined to state it and loyal support with the co-operation when actual work would begin on of the Central Authorities has been this colossus of the air.

renewed since March 25,

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