1940-08-16 — Page 9

HONGKONG DAILY PRESS

DISPUTE ON WHEN

WHEN TO STRIKE

MAY BE DELAYING NAZI BLITZKRIEG, SAYS U.S. WAR CORRESPONDENT

ENG- THE DELAY IN THE GERMAN BLITZKRIEG ON

between Hitler LAND might possibly be due to "disagreement and his military commanders as to when to strike. Mr. John McCutcheon Raleigh, young American war correspondent, who for the assignment was attached to the German armies Chicago Tribune and the National Broadcasting Company in the Polish campaign, told a Manila Bulletin nëwsman on Aug.

8.

om

The High Command Staff of the German army is an extreme- ly, efficient machine that operates smoothly, he said, with one exception.

47

Hitler is utterly, ruthless inso- | Mr. Raleigh arrived in Manila far as res are concerned, whlie last Thursday aboard the as. Dona

the De Ja bla military chiefs favour temper- Aniceta, of

Rama Line, ance of military moves. As a re- Steamship

"excitement sult, the army has balked on hunting as he laughingly said. more than one occasion, as it did He is going to Shanghai, on as- In the Norse campaign, because signment for some American news - "the High Command did not see eye to eye with the Fuehrer's conceptions of when and where

to strike.

50-50 CHANCE "Or it may be that. Hitler is getting ready, for he will not strike unless he has more than a 50-50 chance of getting what he

wants." Haleigh sald.

+7

"Hitler isn't bluffing, either. - Those who think he's bluffing are doing a lot of wishful thinking, and are themselves indulging in a dangerous forta of fifth-column activity."

Mr. Raleigh speaks from a back- ground of eye-witness experience with the German military mach- ine and the way а blitzkrieg works. He watched the ebb and flow of the battle for Gdynia, "met and talked with Hitler during

the siege of Warsaw, and was one of two American correspondents detained by the Gestapo in Munich following the Buergerbau cellar explosion.

He was one of the first to broadcast from Poland after the outbreak of the war, and while in Germany was heard daily over the NBC network,

papers.

He is also writing the final chapters of a book entitled Behind the Nazi front, a picture of wartime Germany.

THE FAR EAST

Mr. Raleigh was reluctant to discuss the Far Eastern situation. However, in answer to a question. he advanced the opinion that Ja- pan's recent moves were predicat- ed уроп # close understanding with Germany.

The foundations for a Ger- man-Japanese tramwork stem to have been laid pretty thoroughly by the Japanese "trade missions" on their fre- quent trips to Berlin and the munitions factories in. Dussel-' dorf and Essel, he pointed out. SAILOR TO TRUCK DRIVER

LORDS DEBATE

ON INDIA

FULL CO-OPERATION ANTICIPATED

LONDON, Aug. 13 (Reuter)- During the debate on India in the House of Lords yesterday the Duke of Devonshire said that all Indications showed that there would be widespread response to

the recent statement by the Viceroy.

"The statement affords an op- portunity so long awaited and will make "possible immediate and full co-operation on a provisional basis. without prejudice to the views of any co-operator about the future.”

FINANCE & GENERAL

Finance and Commerce

HONGKONG SHARE QUOTATIONS

STOCK EXCHANGE.

Bryer

Ballora

Balan

$1175

283

£81

SHARKBROKERS' ASSOCIATION.

THURSDAY

15 AUG.

Banks

H.K. Banks

Do. (Col. Bog.).... Do. (Lon. Reg.) Chartered Banku ...... FSB Marcantile Bka. “A”.

873

Marcantile Eks, "C", Bank of East Ablazon. N. £. & 8. Baştı....... Insurances

Canton Insurances............. Union Insuraneh.......

[10 cts.|- Underwriters, one

H.K. Fires...~~~

Shipping

Ba

!!!!!

tek

$1173

B

$215

0215

$350

$350

$350

10 cts.

$138

#140

$120

Douglases... aangeradee

$120

11

Steamboats

$10

#100

Indo-Chinas.(Prof.).........

$100

190

Indo-Chinas (Def.)..............

$100

32/6

12/6

Shella

$6.90

+

Walerbosta

$6.90

Docks, Wharvės,

090

816

$14.40

13

VISIT CONCLUDES BOMBAY, Aug 15 (Reuter) The viceroy left Poona yesterday after a four-day visit during which he granted interviews to several pro- minent political leaders including Bhulabhal Desal, (Congress Lead- $14 er). Mr. Jinnah (Müslim League), Sir Chimanal Setalvad (Liberals) Ambedkar (Depress and Classes),

Dr.

Mr. Jinnah had a second inter- view at which he sought further clarification of the Viceroy's statë- ment of last Wednesday.

· PRELIMINARY BUILDING The Duke of Devonshire said that he did not think it was pas- sible to go on with the framing of the constitution under war conditions but they could Zo a long Way towards preliminary buliding.

basis.

:::

::

$3.30

83 1

401

€14.90

$21

The collapse of France · bad Barn In Helena, Montana, 30brought home to years ago. Jack Raleigh first at that realisation of his hopes of every Indian

tended Purdue University, then

freedom depended

on the defeat Columbia, and since has been everything from a sailor to a truck cations showed that there would sa

of the common enemy. All indi- driver. He is a nephew of the late George Barr McCutcheon, author be a widespread response to the

Governor-General's proposals for $0.40 of Graustark, Brewster's Millions, full co-operation on a provisions!

#3.36 let ni.. and of John T. McCutcheon, war correspondent of another day, king of Treasure Island and dean of American political cartoonists. In an article which appeared in Last June he sailed for Europe, the Saturday Evening Post of planning to return at the end of June 15, Mr. Raleigh described August. Instead, while in London, be more than that for two reasons. "what makes the German army he got an assignment as war cor- Firstly I don't think it really pos- tick." The Post prescribed it as respondent. He went back to New sible to scrap and rebuild the required reading for everyone in-York last March to dedicate him-constitution of a great country in terested in the defence of self to radio work and writing his the middle of war and secondly

book. Later he covered the Mexi-no further steps can be

taken can elections. On this trip he is towards self-government in India accompanied by his wife, whom except as the result and on the he married last June.

basis of Indian agreement."

America.

GERMAN ARMY

Mr. Raleigh said that discipline "In the German army is never

over-ridden by kindness,

"Behind the Nazi effort," he said. ""is cold, calculating Hitlerism, the "philosophy of ...which is perhaps best express- mother ed in the notife s receives when her son has been killed: Your son will not ' return Heli Hitler!"'"

The morale of the German soldier is good, and probably will remain that way as long as food, and supplies are available, Raleigh stated. Re expressed the beller

·CONTROL OF EXPORTS

Govt. Conservation Of War Supplies

LONDON, August 15 (Reuter›----

that it is unlikely that revolution In the House of Commons yester- or mutiny will ever come from day, the Government

However, he whether they would consult with

within the army.

were asked

PROVISIONAL SETTLEMENT "It represents, of course, mere- ly a provisional settlement and it the nature of things cannot in

AXIS TRADE IN "BALKANS

Nazis Undercutting- Italian Business

LONDON, August 15 (Reuter)— pressing concern at the way Ger- Italians in Yugo-Slavia are ex-

many is cutting them cut of the

pointed out, he did not wish to give the governments of the Dominions trade markets,

u

the impression that the German and other parts of the British Yugo-Slavla had agreed to sup- military machine is either invul- Commonwealth with a view to ply Italy with 1,500 tons of cop

per a month, but has ta

nerable or without faults..

similar concerting measures

now been

promise this to Ger-

ENGLAND PREPARED those recently adopted by the forced to Mr. Raleigh expressed the opin-Government of the United Statesmany.

Slovakia under Nast guidance ion that England today is suf-for the purpose of conserving all ficiently prepared to "weather the supplies vital to war requirements is undercutting Italy in the Yugo storm" of a Nazi attack. Factors and for the needs of the Com-Slav markets by offering certain on the side of England are, the monwealth itself... - superiority of the English Spitfire warplanes over the German Mes serschmitts and Stukas, and the fact that, all around, the English fighting man 18 superior to the German soldier.

On the other hand, most of "the soldiers Germany can burl

· against England are veterans of actual warfare-and 'that is a fact which outweighs the best training on the drill grounds, the newsman peinted out...

MEASURES ENFORCED.

נו

Mr. G. E. Shakespeare, Under- Secretary for the Dominions, said that measures for the control of

#

merchandise at 47 diers against 67 dinars which is Italy's lowest price.

ITALY IGNORED Germany, the same Italian cir- cumplain, never consulta.

cles

exports had been enforced in all Italy on any economic measures parts of the British Common- she takes in the Balkans, Al- wealth since the early days of the though she is bound to do so un-

der the 1935 agreement, war.

Some Italian The British Government were:

circles openly In continuous touch with the wrate that if Germany wins this governments of the Dominions and war she will turn Italy into an the governments of other parts, agricultural country just as she is of the Empire as to the operation planning to do with FranAr

Mr. Raleigh said that one of the of those measures in such a mari..

...

best offensive measures that ner as might be best calculated British Contraband

England can take against Ger-to

many would be to bomb Berlin. effort.

Correspondents claim that the

German populace, is scared to death of air raids. The attitude.

assist the common wat

Seizures

2141

P.20

$34

י

Godowns, etc.

B.K. & K. Wharves. 890 Providenta

H.K. Docks (Ola)...........)

H.E. Docks" (Now).............]

$261 +Shanghai Dock......

180

$9.5

Kailas

Raubs

Mining

ats, Hong Kong Mind..................

Lands, Hotels and Buildings

FK. & S. Hotels.

H.K. Landa.......

$100 D. 4% Debentures...

$9.90 Shanghai Land

H.K. Realties.....

Humphrey

$101 Chinese Estates........

Cotton Mills

833 Ewo (5.)

*!!

$210 Shai Cottons (B.).... Zong Bings (5.)...........) Wing On Textiles (8.) "$125

Public Utildes

FOT

!!!

$26

$14

$37

$3.20 $31

$100

$3.70

H.K. Tramways... $14.90 X.D. $7.40 Peak Trams (old)....)

$3.70 Peak Trama (new)........]

Biar Ferries... Y'mati.. Farris

$21

Chins Lights (0)...........) $6.40)

China Lights (New)....... $3.40]

H.K. Electrics (Old).....

K. Electrica (New)...

$37

#17

$16

Macao Electrics (Old) Macao Electrics (New)|

81

Sandakan Light.......

$29

I i

Telephones (old)......................

$3.60 Telephones (new)......

S'pore Tractions (Ord.) Industrials

$14.90 Cald., Maog. (Ord.) 8. $1

Cild, Mang. (Prof.)8.

****

3:ཨཱུ། ཕརྡརྟོ

£37

FRIDAY, AUGUST 16 1940. —PACE 9

SAY

Gordon's

..and know what you're drinking/

1/2.31/32°

DRY GIN

LORDON

18/0

NO COLOURING MATTER

NO INJURIOUS INGREDIENTS

MARKET REPORT |

FROM ROZA BRÖS.

The price for ready silver drop- |ped 1/16 yesterday to 23 7/16 but th Forwad rate rose 1/16 to 22 11 11/16. Silver advices speculators bought and sold. Business very small, Market quiet. 'In the after- noon the Market WILS quietly $100 steady, American silver was quoted

at 34 3/4 for Spot.

The London/New York cross- rate was quoted at 402.1/2, New- York/London was quoted 402.1/4.

MARKET

Dull and featureless.

STERLING

There were sellers at August/November, buyers at 1/3

$35 for any delivery.

$8.30

U.S. DOLLARS Sellers at 22.1/16 for near buyera jat 23.1/8 for cash,

SHANGHAI DOLLARS Some business was done at 405: 1/2 and 403. The market closed Some business was done at 403, 1/2, buyers hidding 403.

SHANGHAI MARKET Sterling opened with sellers at 3.45/64 subsequently the market was a shade waser et 3.11/6. The market closed with sellers for Spot at 3.45/64 US Dollars were quoted at the opening at 5.7/18 and dosed 816 with sellers for Spot at 5.15/32.

AFTERNOON MARKET

$6.20

The market was quiet in the afternoon, U.S. Dollers were a shade steadier

STERLING

The market closed with seilers at 1/2.31/32 August/November buyers at 1/3 for any delivery...

V. S. DOLLARS

Some bustnear was reported at

22.1/4 and also 223/16 for near

H.K. STOCK EXCHANGE

Market is quiet coupled with the absence of any noticeable fea- ture.

· BUYERS. KK Banks, $1178. Unton Ina., $350. HK. Fire Ins., $136. Docks (0), $14.50, Providents, $9.50. Trams, X.D. $1490. Yaumati Ferrica, $21. Lights (0), $4.40. Lights (N), $3.35. Electrics (O), $38.50.

SKLIZES

Lands, $31:25.

KALKS

HK. Fire Ins., $136. Electrics (0), $37/36.76. Electrics (N), $35,75.

HONGKONG.

SHAREBROKERS

ASSOCIATION

Volume of Business Transacted on Thursday, Aug. 15, 1940, H.K. Electries (N)

Union Ins.

"The total value is $12.478,59.

ber and probably buyers at 228/16 Kfor Cash.

SHANGHAI DOLLARS, Business was done this afternoon at 403. The marker closed with sellers at 409 and buyers at 403. 1/2

SHANGHAI MARKET

The market closed with, sellers

and forward. The market closed of Sterling, at 3.45/64 and US$

with sellers at 223/10 Cash/Octo-6.15/32

$32

Canton Ices...

150 cts. $141

Cements

H.K. Ropes

HK GOFL Loans

4894 4% Loan

100%

$95 131%

(1994)....

$95

$95 31%

(1960)...

Miscellaneous

$18 Dairy Farma................

$8.60 Entertainments

$1.60 Constructions. (old)... $1. Constructione pow)..

$45 Lane Crawfords...

Nanyang Tobacco....

$2.10 SincerOS

Ch. G.5% 1925GSBḍs.

K. Wing On

S'hai Wing Oni

Vibro Piling

Maramana Liv, (Lòn,) Marsmans Inv. (H.K.)

Wa Powells..

Sale to Banghai

315/

$3.9

8/9

4/0

Watrons.

SHOE CO.LTD.

HONGKONG SUPPLIES ALL

KINDS OF FOOTWEAR

GOLD FIND IN

YUNNAN

$3)

COURSE

185

12.10 87.81

$30

$1

Hongkong Daily Press

CLASSIFIED ADVERTISEMENTS

FOR SALE

KUNMING, August 15 (Central) slection of the best varieties of

The prospecting party of the RELIABLE & TESTED

Gold Mining Bureau under the Ministry of Economic Affairs has LONDON, August 15 (Reuter)discovered more gold mines in It is authoritatively stated that several districts in Yunnan pre- tons of contraband of which 34,600 Generalissimo Chiang Kai-shek were taken from neutral ships and has issued Instructions to exploit 10.700 were from Italian ships, the mines immediately..

of the German people in this re- SALE OF CREAM during July, Britain seized 45,300 vince.

spect contrasts sharply with the

attitude of

the French und

are more or less

Belgians who

PROHIBITED

of

familiar with what bombings LONDON, August 25 (Reuter)-- mean, Raleigh said.

The Ministry of Food announces

· BERLIN'S DEFENCE

that the sale of alt Finda. However, he did not suggest cream will be prohibited" from whether this was a military pos- October 16 afbility at this time, because Ber-

The object is conserving liquid lin is one of the best defended milk supplies to use them for the European capitals from the stand-manufacture of essential dairy point of air attacks. He said such products..

a move would cause a heavy loss The mill saved, amounting to of planes, adding that an air at approximately 70,000,000 gallons tack upon London would prove in a normal year, will be diverted

to other purposes. equally as costly.

LONDON STOCK

EXCHANGE

LONDON, August 15 (Reuter)

GASOLINE TAX EXEMPTION KWEILIN, Aug. 15 (Central)-

he Block Exchange opened The Kwang Provincial Govern-

active in allment has issued an order exempt brighter" and more groups but activity subsequently ing import tax on gasoline for a reduced with consequent reaction period of three months

to prices. though all net gains.

in most cases were retained. wille Foreign Government Bande

Kamirs, Coppers and Rails main- were very tained their early Improvements Wall

FLOWER AND VEGETABLE SEEDS

Froz

Messrs. Suttons & Sons, Beading. Messrs. Atlee Burpee & Co... Philadelphia Messrs. Arthur Yates & Co, Ltd., Sydney

The opportunity of serving you wil be a pleasure and your commands will have our best attention.

GRACA & CO.

No. 10 Wyndham Street P. 0 Bax 120 Hong K

相照

48 $35,75

150

38.75

15 380.00

३

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INSURANCES

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also inded,