1940-02-22 — Page 20

SOVIET DESIGNS ON THE MOSUL OIL-FIELDS

(SPECIAL TO "CHINA MAIL")

Cairo, To-day. SOVIET DESIGNS ON the Mosul oil-fields are seen by the newspaper “Al Ahram,” which publishes re- ports from Ankara to the effect that the Red Army is now engaged in large-scale military prepara- tions under the technical guidance of German en- gineers all along the Soviet-Turkish and Soviet- Iranian borders.

NEW SHARE ISSUE BY

ELECTRIC CO.

(Continued from Page 1.)

tric Co. Ltd., inform us that, at a meeting of the Board of Directors held this morning. It was decided to recommend to shareholders that the Capital of the Company be increased from its present Capital of $6,000,000 Hong Kong currency to $18,000,000 Hong Kong currency divided into 1,800,000 shares of $10 each and that such additional shares shall rank in all respects pari passu with the ori- ginal Capital of the Company.

might

The newspaper says this bring about a Near Eastern conflict, a development which was alluded to in the recent talks between President Ismet Inonu of Turkey and the Turkish Defence Minister, Marshal Fewzl Chakmak.

'The journal also recalls recent declarations of the Aga Khan about the repercussions In Indin of a possi- ble Soviet attack on Iran And Afghanistan.

"A Soviet army attempt to cross those two countries would meet with very great difficulties but its danger upon India would mainly depend upon the efficiency of the Soviet air force."

The newspaper concludes by ex- pressing doubts as to the possibility of war between the Soviet and the Allies. Havas.

The Directors will further recom- mend to Shareholders the issue of a Capital Bonus of one fully paid share as from the 1st day of July 1940. for every two shares held by Share- The necessary Extraordinary Gen-

consider and holders on the Register as on 1st July|eral Meeting to 1940 and that such Bonus should be thought at approve the above effected by capitalising $3,000,000 of posals will be held immediately after the Company's Reserve Fund and that the Ordinary such shares should rank for dividends | Shareholders.

Yearly Meeting

pro-

of

THE CHINA MAIL, FEBRUARY 22, 1940

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Washington, To-day. The State Department reports that nearly 500,000 people living in the present confines of Greater Germany have applied for permis- sion to enter the United States.

The total number of aliens registered for immigration at U.S. consular offices in June last in- cludes 300,000 from Germany proper; 115,000 from pre-war Poland and 51,000 from Czecho- Slovakia.

It is understood that since June the total registrations for Germany have risen still higher. -- Reuter.

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Helsinki, To-day, Little news is filtering through from the Karelian Isthmus but it is believed that the Russians are continuing the attacks against the new Finnish positions.

The battle continued late on Tuesday night by moonlight but everywhere the Russians were repulsed.

It now seems certain that the Red Army will not celebrate its twenty-second anniversary on Friday by entering Viborg, the objective of the offensive.

The Finns are now well en- trenched in new positions which are considered much stronger than those conceded to the Rus- slans, and it is understood that the ground given up by the Finns does not exceed five miles in depth. Reuter.

The prefix "Special" to telegrame is used by the "Sunday Herald" and "China Mail" to indicate news which is strictly copyright under the provisions of the Telecommunica. tions Ordinance, 1938, and may not be re. printed under Any circumstances, either wholly or In part, without prior arrange. ment.

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