1938-09-28 — Page 24

EXTREME PESSIMISM IN HONG KONG MARKETS

"Declaration of a state of emergency in Britain does not affect the situation in Hong Kong," the Hon. Mr. N. L. Smith, Colonial Secretary, informed the "China Mail" this morning. "There is no intention of taking any emergency

measures here at the moment.”

ROOSEVELT TRIES AGAIT

(Continued from Page 11

As a former soldier in the tren ches, I scarcely need to assure you that my Government will overlook no possibility to maintain peace with honour."-Trans-Ocean.

FOREIGN WOMEN LEAVING PRAGUE

Prague, To-day. Women and children from the German, Italian and American lega- tions in Prague departed yesterday evening it is revealed here to-day.- Trans-Ocean.

It was also officially denied this morning that an emergency meeting of the Executive Coun- cil had been called. To-day's meeting was the normal Wednes- day morning, and routine mat- ters were dealt with.

•

A well-known broker told the "China Mail" that Ice House Street was gratified that to-day's was only a half-day session. A gloomy view was taken of Mr. Chamberlain's speech and the latest news of European deve- lopments and no quotations were available, the market being pure- ly nominal.

EXCHANGE PÁNIC

On the exchange market, ster- ling was steady, but U.S. dollars which closed yesterday at 2958 opened this morning at 29 3/16 and closed at 28%.

As a result of the mild panic and rush for American dollars,

SUDETEN GERMAN banks were refusing to quote for-

REFUGEES

Berlin, To-day.

ward rates.

THE CHINA, MAIL, SEPTEMBER

OPTOMETRIC

METRICS

There was a young man of Repulse Who spent his time looking at gulse

He begged us in vain

For a small X-ray pane To be used when he felt

the impluse

STOP PRESS

BELGIUM

CALLS UP MORE

RESERVISTS

Brussels, To-day. communique issued after a Cabinet Council on Tuesday

On the "double eagle” market, states: there was a definite panic on the rart of Chinese operators, quota- tions being over $2 up.

It is officially announced that the total number of Sudeten Ger- Tuesday has mounted to 233,700. man Refugees in the Reich on Trans-Ocean,

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"The Government has decided to complement the military mea- sures already carried out. The Belgian Army has been ordered strengthened to "reinforced peace strength." This decision is born of the desire for security and peace. The Government, more- over, has taken various · econo» mic measures.”

With regard to the mobilisation, competent quarters here declare that six annual contingents were called to the colours. Since each of these comprises 50,000 men, al- |together 300,000 men have been called up. Some 40,000 men were mobilised during the last few days. Therefore 10 divisions of wartime strength are now available and six Reserve. Divisions will also be brought to full strength. Trans- Ocean.

PREPARATIONS AT GIBRALTAR

London, To-day. Additional preparations have been taken by competent authori- ties in Gibraltar for improving the precautionary system of defence says a message which reached here lust night.

British male citizens between the ages of fourteen and fifty-five have been asked to report as helpers in the Red Cross organisation and traffic services. The police force has been reinforced by auxiliary contin- gents. All citizens are asked to help create an effective system of "air [raid precautions. It is understood that competent naval and military authorities are likewise taking “cer- tain measures”.—Trans-Ocean.

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