1938-05-18 — Page 24

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THE HONGKONGS TELEGRAPH WEDNESDAY,

EXCHANGE Japanese

DECLINE Fined For CONTINUES Registration Law Breach

Shanghai Bankers Make Prediction

MAY 18, 1938.

EGYPT ANSWERS PROTEST

No Discrimination Against Lancashire.

Cairo, May 17,

Three Japanese-two women Shanghal, May 17.

and a man-were charged be-

In the course of Its reply to the After the nationalist currency fore Mr. R. Edwards at the had closed at noon to-day at 10 Central Magistracy this morning British Ambassador to his representa- 7/8 against sterling and 22 1/2 with Breaches of the Registrations against now tariffa on British cotton goods, the Egyptian Govern- against U.S. dollars, local tion Ordinance.

ment to understood to have reiterated bankers predicted 11 further They were Inoguchi Wasn, 34, that the increases are in no slump unless the Hankow Gov-widow, Kyo Hotoku, 30, merchant, directed against Lancashire. ernment speedily rallies to their and L Sel-ken, 20, married woman. They were charged with falling to assistance with larger weekly notify the police of their change of exchange allotments.

address.

Wasa said he had written a letter However, most of them express the belief that the Central Bank will fur-to the Registration office about ten ther restrict the allotments and that months ago regarding her removal the exchange rate will continue to from her old address. decline.

Edwards and that after Winchal

way

The reply points out that a 49 per cent, aurtax against Japanese goods did not lead to any perceptible in- exports to erease in Lancashire's Egypt, but Italy's trade has been greatly increased in the cheaper articles formerly supplied by Japan.

The Government's present action

local industry.

de-

Acting Detective Sub-Inspector is intended to correct that position, Bankers here believe that the molter Informed him that Woss wheland to give required protection to not staying at her old address in The reply adds however, that Thomson Road, enquiries revealed

Egypt is awaiting Lanenshire's she had moved to Gloucester Road,

The other defendants also stated tailed case, and is ready to exchange

A friendly they had written letters to the Reviews towards gistration office, but the prosecuting standing.-Reuter, officer again testified that he had —-—-—-—-—-—-—-- never received such letters.

future allotments will be between

£200,000 and £250,000.

Also they say that the restriction

the luxury of

commodities tvill probably result in a bigger exchange being made available for the impor- ters' necessities.

They predict between 20 and 30 per cent, price rises in Shanghai for all luxuries unless the Central Bank accepts the luxury imports exchange

applications.-United Press,

under.

Wasa and Hotoku were fined $20 the police by failing to notify your

of changes address," sald Mr. each. Li Sel-ken was fined $15.

"You have given much trouble to Edwards in infleting the fines.

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CHINESE

RETREAT

Giant Panda Baby Flying

REPORTED To Hongkong

In a letter to the Times with regard to the formation of a Japanese Wool Inner. Mongolia

Shanghat, May 18.

Arriving in Hongkong by ale to- trade in wool, furs and skins. Sir Effectively bombarded from the Francis Joseph, the noted industrialist, hills to the west, Chinese forces in morrow is a baby giant Pands, re- describes

as a glaring example of Hauchew commenced to retreat cast-cently captured near Chengtu by a the manner in which the Japanese wards and southeastward at ve party of hunters despatched by the Breeperently trying to freeze out o'clock last night, a report received West China Unlon University,

British

in North Chinu.

Btates,

Mr. Joseph says the success of the Japanese shells were stated to be American Government's protests in scoring direct hits on the western Inducing Japan to drop the intended wall of the town and on the Chinese oll monopoly in North China suggests positions west of the Chenghai and that equally vigorous efforts by the Tunghwang highways--Domei, British Government in behalf of British wool merchants might have. equally good results--Reuler.

VERY

SMART

INDEED

Pawangshan, near Hauchow, May 18. Japanese columna whileh captured ncon yesterday Powangshan ei urranged their Geld batteries on the hills and opened a heavy bombard- town of ment against the walled Hsuchow at 3 o'clock to-day.

Simultaneously, an

launched

against

nitack was

the Chinese

positions at Woniushan, strong

fence line outside.

ence

dc

Another column of the Japanese

troops is reported to have

Hsuchow, at 10 o'clock on

reached

Shpalipu, 8

kilometres west of

Tuesday

morning.

Chinese position in

Meanwhile, great confusion in the

and

pear

The animal, which is named Pandora, is en route to the New York Zoological Society, which will exhibit it at the World Exhibition this year.

Mr. Roy C. Spooner, M.A., Is inking charge of the giant Panda until it is safely delivered to the New York Zoological Society.

Hзuchow is

Chinese reported. columns are retreating from north into the city and

the

masses

of

"

the

troops, presumed to belong to Hsuchow garrison were ficcing to the south and south-east.-Domei.

The

HEALTH REPORT FOR YESTERDAY

total number of smallpox cases in Hongkong reached 2,250) yesterday, two new enses being add- ed. There were six notifications of measles, two cases of dysentery, and one each of diphtheria, menigitis and puerperal fever.

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Printed and Published for the Proprietors by FarneRICK PERCY FRANKREIN, at 1 and 3.. Wyndham Street in the City of Victoria, Hongkong