1939-06-23 — Page 16

PAGE 16-HONGKONG DAILY PRESS

HONGKONG. CANTON &MACAO STEAMERS Another Hectic Day For

JOINT SERVICE OF THE HONGKONG. CANTON. 6 MACAO STEAMBOAT CO LTD, THE

TRAVEL

THE

SHORT

SAFE

SEA

WAY

by the

British Line

CHINA NAVIGATION.CO.,LTD

NDL

CANTON LINE

THE NEXT SAILING WILL

BE ADVERTISED

MACAO LINE

CURTAILED SERVICĖ

As from TUESDAY, 20th June From Hong Kong: 5,30 P.M. only, From Macao:. 9.00 AM. only...

Note:-All vesselt equipped with Wireless. QUEEN'S BUILDING, CONNAUGHT ROAD : Telaphone 2010)

FAR EAST EXPRESS

PASSENGER & FREIGHT SERVICES."

APB

From Hong Kong to

Europe

Veesais

Porta

Date

Neckar.

Genoa, Oran, Antwerp,

Rotterdam,

Kamburg, Bremen ...........

July

A

Qasiona

Denos, Barcelona, Southampton, 'dem..

Brumen, Bamborg ...

July $7

-Straits à Caylan..

Kuckar....

B'porn, Belawan, Colombo....

July

ย

Gaficorru...

Binaporn, Penang, Belawan, Colombo

July

Mantiz

Oneloensu

Maria

July

27

"Gneisenau

Shanghai, Yokohama and Kobe

July

Oder......a Marburg

Shanghai, Kobe, Onaks, Tokohanim............

June

93

Shanghai, Kobe, Osaka, Yokansıra

July

6

South Sea Islands Fridorun

Madang, Halamana, Tulagi, Rabaul, str., | Inde

25

Shanghai & Jepan

ROUND-THE-WORLD & THROUGH TICKETS

issued in connection with:

NDL ATLANTIC EXPRESS SERVICE

8.8, “BREMEN,” “EUROPA,” “COLUMBUS,” & CABIN LINERS NORDDEUTSCHER LLOYD BREMEN Queen's Bldg. MELCHERS & CU., Agents

CANTON AGENTS: JEESEN & CO., SHAMIEN,' 1.0.

THE

Tel. 27771/4.

BLUE FUNNEL

LINE

REGULAR AND FAST

FREIGHT AND

PASSENGER SERVICES |

LONDON SERVICE

"SARPEDON? Sails 28 JUNE, for Maru., London,

Rotterdam & Glasgow "DEUCALION" Sails 18 JULY, for Mara., Oblanca.

London, B'dam, H’burg, & (lasgow

LIVERPOOL SERVICE

NEW YORK SERVICE

** GLAUCUS Saila 4 AUG., for Halifax, Boston &

•

New York. PACIFIC SERVICE (152 DAIREN, KORE, KAGOTA & TOTOHAMA)

**IXTONTM Sails 18 JULY, for Victoria, Vancouver

* Beattle

INWARD SERVICE

"EUMAEUS"

* MEMNON "

"IXION"

**WASPHALION"

"CYCLOPS"

Dus

JULY From UK. via the Straits

4 JULY, From UK is the Straits

4 JULY, From Seattle, Vancouver

and. Victoria via Japan & B'haiz

vix the Straits

5 JULY, From Continental Ports

18 JULY, From U.K via the Straita

Specially reduced fares are quoted for cargo steamers with limited passenger accommodation »

For freight, passage rates and information apply to

Butterfield & Swire,

Tel 30333

Agenta:

Connaught Road, U..

S'hai Financial District

Withdrawals Of Deposits Are Restricted By Chinese Banks

SHANGHAI, June 22 (Beater) - The · financial district.... of Shanghal experienced another hectic day to-day due to the action of the Chinese banks, acting on the orders of the Minis- try of Puance. Chungking, restricting withdrawals of deposits to $500 weekly. The "explanation generally secopted was that the step was designed to prevent fight of capital which was recent, ly said to have assumed large proportions. The immediate af- fect on the markets was 'a sudden strengthening of the Chinese dollar in terms of foreign currencies followed by a sharp re action and suspension of business in gold bars and yarns due to scarcity of cash.

The stock exchange was not the last few days, Japanese and much affected most of the traders puppet officials in Tientsin had adopting the walt and see policy circulated many rumours' which and only small business is passing. resulted in heavy withdrawals on First intimation of the new Chinese banks in Shanghai and

ני

situation came out late yesterday heavy buying of foreign exchange. afternoon when it was reported. In order to stabilize the finap- that Chinese banks would to-day cial market in Shanghal the Min- declare a three-day moratorium istry of Finance had to take ex- suspending all business in an al-traordinary measures to cope with leged endeavour to raise the ex- the situation. On June 21, the change value of the Chinese dol-spokesman revealed, the Ministry sent a telegram to the Central However, Chinese banks opened Bank of China. Bank of China. as usual this morning but with Bank of Communications and the deposit withdrawals restricted to Farmers Bank of China.at Shang-

withdrawals for legitimate busi-Chinese Chamber of Commerce. ness requirements. such as factory payrolls; etc.

lar

AUSTIN BEATEN

LONDON, June 22 (Router) -In the Lawn Tennis Cham- pionships at "Queen's" "Club, Kukuljevic, of Yugoslavia, beat Austin, of Great Britain, In the third round, 6-4, 6-4.

JAPANESE ULTIMATUM IN SWATOW

FOREIGN WARSHIPS ASKED TO LEAVE

FRIDAY, JUNE 23, 193

FOREIGN MAILS

HONGKONG, FRIDAY, 23rd JUNE, 1939, 330 AM

Registered and Ordinary mali & Parcels. (not, Ingured) will. BG- cepted. for Canton and despatched as "circumstances permit.

· Letters and Postcards for Earopo. (except Great Britain and En and South America'are forwarded “ria Siberia" so superscrib

From

Tientsin and Swntow. Shanghai

INWARD MAILS

Per

Yingchow... Siriang

date. Imperial --

Air Mail by “Imperial. Airways |

Direct Service"--London 17th June. Haiphong and Hollow, SWATOW, June 22 (Reuter) | Canton. -The Japanese Naval au- Japan. thorities here have sent an Shanghai and Swatow.

Saigon. ultimatum to all foreign war- ships, asking them to leave by 1 p.m. to-day.

H.M.S. Thanet and the U.S. destroyer Pillsburg are at pre- sent in the harbour. «

Manila

Amoy.

Air Mail by "Imperial Airways Direct Service”—London date, 21st June.. Taeille

.S.A., Honoluhi, Japan & Shanghal (San Francisco date, 1st June). straits

Air Mall by "Pan American · Alt="| ways Direct Service"-San Fran- cisco date, 21st June.

The ultimatum added that the Japanese would be un- able to guarantee the safety of foreigners who are 01 shore after 1 pm. to-day,

OCCUPATION COMPLETE

TOKYO, June 22 (Reuter)

Swatow was officially con-Manila firmed in naval

com- Euphon munique, which states that Shanghai

Japan. Naval Forces completed the

Japan. removal of the boom and are

'វ

Airways Plane Cheriang..............

Canton Maru........... Atuta Maru... Tinanon

Chenonceau................

Comte

Biancamano..

Tiisaroea....

Imperial

Airways Plane Granville......

Tatuta Maru..... Van Heutz................

Pan American

Airways Plano

Air Mail by "Air FranceDirect Air France ·.

Service" Paris date, Mist June

$500 weekly with the exception of hai, and the Native Banks and The complete occupation of Shanghai.

Withdrawals above $500 will only be allowed in Weihwa money- ordera which cannot be exchanged for foreign currency. Reasons prompting this move are not at all clear and many brokers were un- aware of the situation until after the exchange market had opened.

In the open market dollar open-

The Ministry instructed that, with the exception-of-govern- ment requirements and salary payments in factories, with- drawals from banks be restrict- ed to $500 a week. Any amount above $500 the banks WETO instructed to issue "hwei hua" in order to facilitate inter- bank accounts.

The spokesman, added that the

ed at the recent level with sellers above restrictions were not to be

of sterling at 6-1/2 and dollars applied to Chinese banks outside; 12-11/10 but a very firm tendency of Shanghal. developed until just before mid-

Depositors withdrawing money day when small cash business was to be, transmitted to the interior reported to be done at 7d... and will not be subjected to the above 15-5/8 Thereafter the market regulations turned and the reactionary under- The spokesman further statēd restrictions were tone weakened towards the close that the new and rates finished at 6-17/92 and purely issued to cope with the 12-3/4, respectively. The future financial situation in Shanghai of the pound and dollar are con- and would only be temporary, sidered to be uncertain.

As a result of the tightness of the money market due to the action of the Chinese banks a spectacular rise was seen in the discount note on Welwha money ordera. The discount rate, after opening nominally at 6.50 per cent, advanced to about 18.00 per cent subsequently declining with the dollar to close at 10.00, per cent.

CURRENCY ISSUE, EXPLAINED CHUNGKING, June 22 (Central) -A spokesman of the Ministry of Finance, in a statement issued to- day, explained the new restrictions on withdrawals from Chinese banks at Shanghai which were en- forced to-day.

He stated that the Ministry of Finance had received numerous reports to the effect that during

Phenix Wreck Located

PARIS, June 22 (T/Ocean)

The wreck of the French sub- marine "Phenix" has been found, according to a report received here from Saigon, French Indo China, on Wednesday afternoon. which states - that the wrecked submarine was located at a point roughly six miles from the Cam- ranh Bay at a depth of about 105 metres.

Lines of chains used by tuge

in search for the fost submarine were snapped after encountering realstance with some solid object on the ground and it is believed that this object was the wreck of the lost submarine.

Mr. Lin, Wei-cht, member of the Central Executive Council of the Kuomintang, left Hong- kong on Tuesday to assume his new post of Director of the Economic Comndasion of the Central Political Council," Mr. Lia is a native of Tolsḥan district and, was formerly Vice Minister of Industry.

UNFOUNDED RUMOUR

.

ALLEGED DEMAND FROM SANDI ARABIA LONDON, "Jung 22 (Beuter) Endeavours in certain quarters to find political significance in the visit paid to Herr Hiller by Khalid

&

Tientsin and Swatow.

can,Tientsin and Swatow

sweeping for mines in Swa- Japan. tow Harbour, which therefore, now entered by Straits Japanese transports.

Street Fighting

Canada, USA., Honolulu, Japan & Shanghai (Vancouver BC., date. 10th June).

CHUNGKING, June. 22. (Central; | Shanghai" -Heavy camalties were inflicted | Japan.

Wres

upon the Japanese invaders in Saigon... severe street fighting in Swatow Japan. yesterday, according to a message Shanghai and Amoy

Straits received here.

The invasion of Swatow by Jap-Straits and Manila anese land and naval units was Shanghai preceded by a terrific bombard- Calcutta and' Straits. ment of the city at 5 am. by a Australia and Manila. squadron of over ten planes. Half Japan.

an hour later more than thirty Japanese warships and scores of steam boats concentrated at Mass began to steam upriver. Heavy shelling was "exchanged between the Chinese land batteries and the Japanese, warships.

Plane Boissevain.

Pres. Cleveland.. Canton.......

Sarpedon KÁŞTİ Nagato Maru............... Nankin.

Die

#3rd Jun 23rd Jan

23rd Jun

23rd June

33rd June

23rd June

$4th June

84th Jun

93th June

25th June

26th Jun

28th Jaco

27th June

27th June

28th June

28th Jan

28th June

·28th June

28th June

28th June

13th June

28th Jane

Chengtu ---**** Tilawa Hupeh..... Hakone Maru.............

38th June

29th June

30th June

30th Jane

Emp. of Japan.....` Bebar

30tb June

30th June

Alipore,

Ist July

2nd July

Achilles.

2nd July

Tisadane.....

2nd July

Fumaeus...

2nd July

2nd July

4th July

4th July

Nellore.

4th July

Africa Mart.

4th July

Laos

· Memnon. -Belokuut Talma

OUTWARD MAILS

REGISTERED AND PARCEL MALS are closed 15 minutes earlie than the time given below unless otherwise stated, and where mai ure advertised to close at or before 9 a.m., registered and parcel mai

re closed at 5 p.m. on the previous day."

Boom Broken Taking advantage of their su perior fire, the invading vessels broke through the Chinese boom shortly after 10 am, while in the Sandakan... meantime several hundred Japan- "Amoy ...

ese bluejackets forced a landing tọ | Amoy the west of Masu. Over ten steam Manila boats were sunk by Chinese fire. Japanese and Formosan troops, however, continued to land and pushed toward Swatow.

Stubborn Resistance The Chinese defenders offered stubborn *Tesistance, contesting every inch of ground. Taking shelter behind barricades at van- tage points, they engaged in heavy street fighting with the enemy. Heavy casualties were inflicted upon the invaders, especially the Formosans who were forced to fight on the front lines,

For

FRIDAY

Per

Date and Tim

Fri 23rd.

8,30 A ". 10.00 A 19.30 r

12.30 F

Hareidawins

1.30.2

Hong Blang.

1.30-P

Mausang.. Tjisadane..

Hai Hing. President

Cleveland.

Fort Bayard Parcels only for ·Rangoon........... Saigon, Mauritius, Reunion, Mada- |

gascar and (Parcels and Papers only for South Africa via Durban Tinhow

Ale Mail for Indo-China,

and France (Paris"and Northern Provinces only) by the “Air France Airways Direct Service" -due Paris 30th June. Manila, Australia and New Zea

land via Thursday Island-due

Thursday Island, 6th July.

Chinese reinforcements are un-

SATURDAY derstood to have been rushed up Air Mail for "K. L. M. Airways

continue to fight the invaders.

Direct Service"-due Amsterdam, Foreign circles are paying close

4th July. attention: to the Japanese invasion Straits, Ceylon, India, E and 8. of Swatow. They point out the

Africa, Aden, Egypt, Malta and proximity of Swatow to Hongkong,

Europe Via Marseilles-due Mar- and believe that if the Japanese

seilles, 21st July... build an air and naval base at Formosaic Swatow, the communication route shanghai and Japan between Hongkong and the Philp" Haiphong. pine Islands will be greatly threatened..

Saigon

Amoy

SUNDAY

Landing Near Yeungkong -- KWEILIN, June 22 (Central) Shanghai and Japan

1.20 z -KPO

Reg. 5,00

Ord.

5.30

G.P.O.

Air France

Reg.

5.00 FI

Plane..

Ord.

7.00 T

G.P.O. & K.P.C

Beg.

5.00-

Ord

17.00 P1

Atuta Maria

Banpura

Ranpura

Chenonceau

Sat. 24th

G.P.O. & KPO Reg. 8.30A Ord

10.00 A

GP.O. & KP.(

L30

Par. 23rd 5.00 e

|Beg. 24th 9.45 S

| Ord 24th10.30 A

Canton Maru.

10.30

Esang [Neptuns

3,00 1

· 6,00; 12

Anshun

600

25th.

8.00

19,00

9.00

9,00 L

Mon 28th

TRO

-5.00 23

5.30

GPO

Beg

5.00 2

Chif

Five hundred Japanese marines Madang, Balamaua, and Tulagi... Friderun effected a landing at Nampang Island, southeast of Yeungkong Fort Bayard, Pakhot and Haiphong. Bulyang.

el Hnd, a businessman from Saudi coastal town southwest of Toishan Arabia now in Germany, reached in Kwangtung, under the cover of aerial and naval bombardments on a climax yesterday when a rumour.

June 19, They met with stiff re- sistance from the Chinese defen King Ibn Saud had addressed in

ders there, surering heavy casual demand to the British Govenament.

ties

STROLLERS WIN IN was circulated to the effect that

EWO LEAGUE

1"

In the second round, third tour-asing them to reverse their ney, of the Ewo Indoor Bowling policy for Palestine, League played yesterday evening The rumour has no foundation at the Hongkong Bowling Alleys, in fact. Indeed, it was learned at The Strollers beat Pokfulum's the Colonial Office that Khalid Pride by 41 points.

Endi Interviewed in Berlin by Special feature of the match Reuter, had denied that he was was young Albert Odell's 514 engaged in any negotiations with points, the highest of the encoun- the Nazis,

ter.

COUNTY CRICKET LATEST SCORES

LONDON, JE

(Reater)-- Latest County cricket scores are as follows:

Swatow

MONDAY-

TO

Air Mall for "Imperial Aleways

Direct Service”...-dne London, Imperial 3rd July

Airways Plans Ord.

20:00*2

KPOP

Beg Ordk

5.00 P

6.30%

Reg.

Airways Plans Ord

245,00 PI

7.00 P

Tue 27th

Airmail for Malaya, Java and Ang. tralia by "Imperial - Airways Direct Service" --- das + - Bydney, Imperial 3rd July

Haiphon Batavia and ster swatow for Parce

Deylo

Khalid Effendi, whose commer-Derby 94 for 5 Leicester 120 The teams and game points cial interests are considerable, is (no play befor nch): Essex 03 tallas

known as a staunch Arab patriot for

329 Hot The Strollers: A T. Lee E and as the Zimmern, E. Chumn and A Zim- calls, fought har mernist game, 523; 2nd 531 indep 3rd 611

Total 1885

Pokfulam's. Pride: A. Odell, S.

A. Temali, M. Weill and A. EL Potts.—1st game, 520; 2nd § 505′′ 3rd 538, Total 1824,

TUESDAY

only for B

Aden,

set 145 and London-due

for

ting-

Worce

hire

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123v Glamorgan 168 and 13 for

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