1940-05-28 — Page 12

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THE CHINA MAIL, MAY 28, 1940.

EGYPT PREPARES: ARMIES NOW AT "ACTION STATIONS"

Cairo, To-day.

THE EXTENT OF EGYPT'S preparedness is shown in a despatch sent to the BBC by Richard Dimblebey, from Cairo.

The British and Egyptian armies have left that city, he says, and 'have taken up action stations. Motorised units, infantry and aircraft are all ready, and are being added to all the time in both manpower and equip- ment.

TIN QUOTA

INCREASE

The Egyptian Army is ready to the last man. The Minister of Na- tional Defence says that although, un- like their officers, the private soldlers are not much interested in events on the Western Front they are very much concerned with the defence of their

LONDON, TO-DAY. own country, They have been told they TIN CIRCLES ARE NOT SURPRIS- UNDER EXISTING CONDITIONS must fight to the last man and they are willing to do so.

They are now out in the Western desort, living in huts, tents and even in the open. They are on the door step of trouble and ready to deal with any invasion from land or alr.

Internal Precautions Internal precautions are the sole concern of the Egyptian Government, which has taken full steps to deal with any Quislings or Fifth Columnists.

CIKI

BY THE INTERNATIONAL COMMITTEE'S DECISION TO RAISE | THE QUOTA FROM 80 TO 100 PER

CENT.

It is considered the market is not likely to be materjally affected. It is pointed out that actual production is not affected by the increase as the building up of minehead stocks' has been proceeding for some time, while the casiness. in the price in the past few days may prove sufficient to dis- count any depressing effect of the Committee's recommendation to the signatory Governments.-Reuter.

AIRCRAFT SPEED-UP

ORGANISATION

The population is easily depressed or cheered by news and there is, there- fore, a "benevolent censorship" over both incoming and outgoing news. The people have, however, been receiving full information about the Allied situation on the Western Front and. the fact that the struggle is a stern one has done much to tone up public opinion and morale-which is certainly high.and equipment.

--Reuter,

STOCK EXCHANGE IN MIXED MOOD

London, To-day.

Lord Beaverbrook, Minister of Air- craft Production, announces he has deal with the production of aircraft appointed an emergency committee to

Mr. C. J. Stewart (Chairman), Sir Allan Gordon Smith and Mr. F. J. E. Brake are the members. The committee has full authority.-Reuter.

CAPT. POWER OF “ARK : London, To-day.

ROYAL" PROMOTED Despite the extreme quietness of (SPECIAL TO "CHINA MAIL") trading on the Stock Exchange yes-

London, To-day. terday gilt-edged securities initially Captain Arthur Power, who has improved and retained the gains. been in command of the "Ark Royal".. Dealings were opened in two per cent since she was commissioned, has been Conversion Stock at 98%, ex-dividend. | appointed Lord High Commissioner Other groups drifted down on lack of support.

Wall Street was firm.-Reuter.

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· EARLY IN JUNE, 1940.

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