4
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H.K. Stock Market
were
The following quotations issued on the Hongkong Stock Mar- ket this morning!
Mercantile, A. &. B. £
.13 n.
BANKS
HK. Danda, $......
.1,440/50 su,
II.K. Banks, Lon. £. Chartered
BG
D.
...
.9% 1.
273% n.
Mercanule, C. L.
East Asin $
.08.
INSURANCES
Canton $.
.200 n.
Union $
470 b.
China Underwriters ets..
70 .
H.K. Fire $
175 b.
SHIPPING
Douglas $
64 b.
Steamboats $..
18 11.
Indo-Chinas, P. $.
.95 n.
Indo-Chinas, D. $.
24 n.
Shell Bearers -
.81/3
.
Waterboats $.
.9 1.
Wharves
DOCKS ETC.
NEW ADVERTISEMENTS.
NOTICE.
OF
THE CHARTERED BANK INDIA, AUSTRALIA & CHINA, THE P. & 0. BANKING CORPORATION LIMITED,
The undertaking of the P, & 0. Banking Corporation Limited is being taken over by the Chartered Bank of Indin, Australia & China at the close of business on the Thirty-first day of January, 1939.
As on and from the First day of February, 1939, all communica- tlons and enquiries should be addressed to the Chartered Bank of India, Australia & Chinn at
their local office No. 3 Queen's Road, Central, Hong Kong.
The Chartered Bank of India, Australia & China will continue to Customers of the P. & 0. Banking Corporation Limited the sume services as they now obtain. For the Chartered Bank of India, Australia & China,
R. A. CAMIDGE,
Manager. For thu P. & O. Banking Corpora- tin Limited.
W. J. WADDINGTON,
NOTICE
Manager.
The Sergeants' Mess, Royal Air Force Station, Kai-Tak, will not the accept responsibility for firms any
not accounts authorised by the Commanding Oficer.
of
Exchange At A Glance
T.T. London
SELLING
Demand...
T.. Stanghal
T.T. Singapore
TT Japan T.T. India
T.T. U.S.A.
T.T. Batavia
TF. Bangkok pr Saigon T.T
.is. 2% -1s. 2%
.173 Nom.
634
.116 n.
100%
Ducks (old) $
18.
...63
Docks (new) $....
171 1
2811
Providents (old) $.
6.35 .
TT. Manila
.53 +
Providents (new)
0.15 .
New Eng. Sh. $..
5.00 n.
149
100
Sha. Docks, Sh. $.
100 n.
T.T. France
10.90
MINING
T.T. Germany
Kallan /-
17/0 n.
TT, Switzerland
.72 1271
.9.35 n.
TT. Australia
1/02
3 n.
BUYING
}],
4 m/s L/C London
Sit.
1/3 .1/3.5/32
4 m/s L/c U.S.A.
1.70 sa.
4 m/s France
50 su
30 d/s Indla
.003 s.
U.S. Cross rate in Lon...4.67
.28 s.
03 sa.
13 a.
1.78 5.
21 sa. .67 sa.
Raubs $......
Venz: Goldfeld $.
Hongkong Mines cts,
Antamoks Ps.
Atoks Ps.
Bagulo Gold Pa.
Benguel Con. Ps Coco Grove Ps.
Con. Mines Pa
Demonstrations Ps. IX.L. P.
Gumous Ps.
San Maur.cio Ps. Suyoc Consol. Ps.
Paracales Pn.
Hotels $.
Lands
LANDS
Lands 4% deb. $. Shai Lands Sh. $. Humphreys $.. ILK. Realfies $. Chinese Estates $
UTILITIES
32
.49 20.
25
.7.70 s.
.374 20. 107 n. .0.40 n. .84 b.
4 m/s D/D do.
Thursday
HONGKONG TELEGRAPH
January 12,
1939.
FRANCO NEAR DISASTER ON ESTREMADURA FRONT
Loyalists Encircle Insurgent Reserves
BARCELONA, Jan. 11:
THE LOYALIST FORCES at Estremadura are reported to be successfully carrying out an enveloping movement aimed at surrounding a large concentration of Insurgent réserves between Mont Errubio de la Serena and Castuera.
the
prt
In the course of counter-, fund Intended to remove attacks, considerable Insurgent treasures from it but that they were prevented from doing so by the rapid reinforcements, brought up from advance of the Insurgents.
Barcelona harbour was ugoin Cordoba, Seville and Cadiz have!
Loyalist aircraft been overcome, says a Loyalist bombed and two news agency message, which also shot down-Trans-Occan,
SPEARHEAD ADVANCES arej claims that the Loyalists
Saragossa, Jan. 11. milea from the By Tuesday afternoon the speal- now eight Seville-Salamanca railway. head of the insurgent advance into Cataloniu had reached a point only General FRANCO'S VITAL
17 miles from Tarragona. Moscardo's
which corpu army LINE THREATENED
Inunched a big attack east of Lerátla yesterday has since penetrated ter- ritory to a depth of 24 miles, cop turing 20 villages.
Larco
Madrid, Jan. 11. claim that The Loyalists
their troops at Estremadura are advancing along the Belmez-Fuente de
now reached railway, and have
General mlies from point eight Franco's life-line, the Seville- Pyrenees, east to Barcelona, and Salamanca
Press south-east rallway.United ni Reuter.
BITTER FIGHTING ON ESTREMADURA FRONT
Barcelona, Jan. 11.
Insurgent forces are now in con- mand of the three main roads radint- the Lerida north to Ing from
Occan.
to Tarragona Trans
Flour for Spaln
Paris, Jan. 11. The French Council of Ministers
The Insurgents launched several decided yesterday to send 45,000 tons of flour, worth 38 millien francs, lo counter-attacks on the Loyalists' pusi Loyalist Spain it is reported in Qual
Joncillo tions in the Sierra Torre and Sierra Trapern on the Estremu-d'Orsay circles. It is emphasised dura front, but in each ense were that this is an net of pure humanity
of repulsed with great vigour, it is de- which has does not contravene the
non-intervention. Issued provisions clared in a military bulletin last night by the Ministry of National Trans-Ocean.
TARRAGONA IN SIGHT Defence.
Lerida, Jan. 11. Despite the resistance of the In-
General Franco's forces, having surgents, who, according to
Mediler- bulletin have received reinforcements conquered the range of mountains from other fronts the Loyalists sue-between Lerida and the ceeded in taking el Hierro, west of renean, are now in sight of the porl Cerro
de Penarreya. Fighting is of Tarragona, which is one of their Kuing on itt
In the Sierra Torrozo and main objectives, Sierra Mesagera.
Sixty prisoners were
the
The Insurgents also captured an about 25 taken neur important junction town officers being miles from Tarragona.-Reuter.
Montcrubio, several
among them, and it is also stated that
as result of the confusion prevallung) In the Insurgent ranks, a great num-
ber have deserted.
The Insurgents
suffered
heavy
losses in the Artesa de Segre sector of on Monday the Catalan front both
and Tuesday, all attacks being re-i pelled.
ITALIANS IN ACTION
The 1tallan "Littorio" division at- in the great violence tocked with
AIRWAYS PEEP INTO THE FUTURE
.2014
11.40
southern sector of the front finally .041/4
succeeding in gaining some territory
U.S. COMMODITY PRICES
LATEST CABLED QUOTATIONS
New York Jan. 11. New York Colton
Opening Closing
8.25 N
.5.85 s.
.90 11.
Trom $....
17.75 5.
Jun, 1930)
Peak Trams (old)
Peak Trams (new) $.
..0 n. 4 n.
Mar. (1939)
8.25/25 0.32/32
0.30/31
May (1039)
0.07/00
8.00/08
Star Ferries $.
12% n.
22 n.
July (1939) Oct (1939)
7.81/80
7.01/01
7.33/33
7.40 N
Dec. (1939)
7.30/38
7.44/44
.9.70 9.
Spot
8.80 N
New
.3.60 8.
Mar.. (1939)
.GB
May
8.
Y, Ferries (old) $..
Y. Ferries, (new) $. China Light (cum, rts.) China Light (ex. rts.) China Light (righis) $. H.K. Electries $. Macao Electric $. Sandakan Light $. Telephones (old) $. Telephone
(new)
Tractions s/m
Singapore Pret., s/
INDUSTRIAL
Cald: Macg. (ord.), Sb. $..
22 n.
.241.
.6.00 n.
174 n.
.10 b.
23% b.
Cald: Mack. (Pro.), Sh. $....13 n. Canton Ices $.
Cements
Ropes $
STONES. &c. Dairy Farms $.. Watsons $....... Lane Crawfords $. Sinceres $......
Wing On (H.K.)
Powell, Ltd. cts..
COTTON MILLS
Sept.
Oct.
York Rubber -10.12/10 15,97b/983 16.07 708 15.97 707 15.05/06 10.02 /02
Dec;
Sales for the day:-1,280 tons.
Chicago Wheat May
00 /69% 09%/69 00%/60% 50/59
700/70%
0.145,000 bushels, Chicago Corn
5276/53
$374/53% 55 754
6.GO n.
21/3 n
25/-
July Sept.
14 n.
.1.70 n. 10.00 5.
Tuesday's Sales:-
.4 D.
.24.80
May July Sept.
5234/52%
54%/04%
.0.20 s.
.8 1.
..2 n. 36. .90 n.
May July Oci.
02/02
03 /021
.1.10 b. .100 n.
24 n
Winnipeg Weat
BERLIN, Jan. 11.
THE 12TH CONFERENCE of in the Figuera Espluga and Francol the International Air Trafie
Zone
H 1051 was retaken by the Association opened here this Loyalists and a number of prisoners' afternoon in the House of Avia- and machine-guns were captured. tors, with delegates from 23 air
insurgent prisoners confirm the re- ports of huge losses in men and ma-service companies from 16 Euro- pean countries discussing the terial sustained by them.
the other
Of three tank companies sent into future development of the inter- action at the bridgehead of Balaguer, national air service net. only one is now operating,
The President of the conterence, Luz of the German two having been wiped out.
Prisoners from the 12th and 13th Director divisions state that following the in- Lufthansa, in the course of an inter- surrection in Insurgent Spain, both view, announced that Germany this to bigger and these divisions were withdrawn summer, in addition from the fighting line by the Come Inster machines, will double the air mander-in-Chief. One is now sta- mail service to South America, and Loned at Burgos, and the other will open the first regular passenger
usual air service to South America. at Salamanca to assist guards
In preserving order-- Trans-Ocean.
INSURGENT COMMUNIQUE
Salamanca, Jari. 11.
Since the French too, are doubling their South American air service in the future, the French and Germans will co-operate in a spirit of comrade- The Loyalist attacks in the Valse-ship in the south Atlantic crossings,
The Itailans are also to open an air quillo and Penarroya sectors of the mail service to South America, siml- Cordova front continued but with a far to the German route which has diminishing violence according to a now been used regularly for the last military bulletin issued by Insurgent five years. headquarters.
fog.
the da
NORTH ATLANTIC ROUTE The Insurgent have at some points
The German Lufthansa hopes, by launched counter-attacks and have using faster planes capable of carry- regained several poslilons.
Ing 130,000 letters, to cover the 1,830 The advance on the Catalan front miles across the south Atlantic with- continued yesterday although the in 11 or 12 hours.
Dealing with the possibilities of a uperations were Impeded by dense
which did not lift throughout regular north Atlantic air service be- 55 /55
tween Europe and America, President technical In the northern sector the villages Luz pointed out that no
Senat, obstacles exist, and Germany 024/62% of Espluga Calva, Fulleda.
Blancafort and Espluga de Francoli, ready at any time to open regular 0234/6234
were occupied, while the troops ad-routes; but the decision rested with 03/03
vancing in the southern sector cap-the United States Government. To- tured the villages la Figuero, Villais day, air mail from Europe would be In the United States within 30 hours, Alta and Villela Baja. according to the bulletin, and a con- probably
Prisoners taken number thousands but in a few years this time would zeduced to roughly 24 siderable amount of supplles also fell hours. into Insurgent hands.
**ASS RAIDS RESULT IN
Ewo Cotton (c. rts.) Sh. & 10.26. HEAVY LOSS OF LIVES
Ewe Ria, 11.K.S.
S'hai Cotton Sh. $. Zoong Sings, Sh.$..
Wing On Texilles, Sh.$
MISC.
H.K. Entertainments $. Constructions, $..
Vibro Piling $...
Ch. Govt. 5% 1925
G$ Bonda
1.K. Govt. e Loan
H.K. Govt. 312% Marsmans (Lon.) 8/ Marsmons (H.K.), 5/-
.40 1.
(Continued from Page 1)
Including Liuyang. Pingkiang, Non- .7 b. klangchino and Liling. were niso visited by the Japanese nircraft for 1%
reconnaissance,-Central Nets,
.0.50 n.
.70% n.
.6% prm; t
15 PLANES DESTROYED
Shanghai Jan, 11. par t A Japanese comniunique states 16/0 n. that 10 Japanese army bombers
on ..3/- 0. | zlaged a surprise attack
Chinese aerodrome at Teckiong
llunan. Mouth-western
noar Wednesday Kweichow border morning, and completely destroyed 15 | Chinese planes.
MANILA BHARES The following quotations were re- ceived after the close of the morning Acasion through Reuters:
Business Done Priers in Pesos Jan E. Jan, 12.
Antamok
Bagulo Gold
Alok
Benguet Cons.
Coco Grove
Demonstration
Paracale Oằmaủa
Consolidated Misson
Ban Mauricio .... Btype
United Parscale
241
13.79
Ung.
tine.
on
the
the
The attack is said to have been made so swiftly that none of the 20 Chinese planes on the field was able to leave the aerodrome in time to escape.-Trans-Ocean,
steady with prices generally higher. Antamok gained 3 centavos, while Atok, Coco Grove, San Mauricio and The following is Swan, Culbertson United Farscale all gained 2 centavos & Fritz' report on this morning's "cach. The weakest point in the market was Benguet Consolidated, märket: - . CANS A
Manila * market was quiet but which lost 10 centavos,
was
Director Luz expressed the hope The famous monastery at Poblet that the United States would soon is now behind the Insurgent lines, a take the initiative in this respect bulletin declaring that the Loyalists Trans-Ocean.
20 DIE IN BUSH FIRES
Infernos Spread to S. Australia
MELBOURNE, Jan. 11. ALTHOUGH ENORMOUS bush fires are still raging throughout Victoria, volunteer fire-fighters reported to-night that the major outbreaks are now under control.
The fires have left a trail of the past 24 hours, fres have caused desolation and death in their wake, damage exceeding £250,000.
· Mt.
the Torrens WDB Twenty people have lost their lives
greatest and another 22 are missing.
sufferer in the central State, the Hall million acres of valuable' fames sweeping the town and fac- timber land less than 40 miles from tory and causing damage estimated Melbourne have been totally destroy- at £100,000. Part of the factory has
been destroyed. ed.
Tho drought
Victoria In
has Victorian towns are now considered]
unless northerly winds again become so severe that the Government Raliways are now - running" special spring up.
However, the danger has now water trains to carry water to the spread to Bouth Australia where, in'rsinioes area.
safe
MISS BARBARA GILMAR, who
will be "on the air" to-night, from ZBW. Miss Gilmar will give a recital at the Feninsula Hotel on Thursday.
January 19, at 9.30 p.m.
INQUIRY
GERMANY
REVEALS GROWTH
OF
ARMY
&
three
BERLIN, Jan. 11. THE GERMANY ARMY, after the re-organisation result of necessary 09 events last year, consisted at the end of 1938 of 18 army corps, with 39 in- fantry divisions, mountain divisions, light divisions, five armoured-car divisions, one cavalry brigade, and various detachments of frontier guards, according to official figures now available.
four
In connection with the incor-
INTO CAMP poration of Austria, two new CONDITIONS
Government To Act Following Shooting
corps, the 17th and 18th, have been formed in Ostmark, and Jare united in the Fifth Army Group, with headquarters at Vienna, while the Sudeten Ger- man areas aro incorporated with neighbouring military districts.
Owing to the increase of A COURT OF ENQUIRY power in Sudetenland, the into conditions at the Matau-division and also one armoured-car
region. cheong Chinese Soldiers' Camp division have been formed in that will be held on Friday to ascer
New Type Of Weapons tain what can be done to deter the internees from attempting
man- 40th
For reasons of organisation, the to escape and how to avoid the sixth Army Group, with head- shooting at cs-quarters at Hanover, as well as the
corps, 14th, and 15th army necessity of capees,
with It is understood that the greatest headquarters in Magdeburg, Jena, difficulty in dealing with the men, and Berlin respectively, have also who are quite tractable and well be been formed.
In the course of last year the re- haved us a rule, arises from the fact that they have nothing to do in the arming of the army with a new type Camp but sit and watch the outside af machine-gun known as the M.G. 34, and with grenade-throwers, was world all day from
their begun. Rife battalions have been barbed wire fence,
behind
WARNED EVERY DAY
provided with light grenade-throwers und heavy machine-guns.
Balloon detachments have been Though they are warned every ny Introduced into the artillery, which that they will be shot if they t-jagain has captive balloons at its dis- tempt to escape, the sheer boredom posal for observation purpose, as
the world war.- of their position sometimes gets the was the case in better of their judgment.
The last case followed on a game
of football which was being played
the camp. Someone kicked
in
Trans-Ocean.
the and ran for the main road. ball Into the Larbed wire and a pri- WOUNDED BY SHARPSHOOTER soper went to retrieve it; the same The bend of the guards ordered a thing happened several times and one sharpshooter to wound the prisoner seon climbing in the shoulder. nrd was eventually man stopped a long time at the fence and he was brought down by a shot
over it.
The sentry fired twice to scare the man buck und finally shot to wound him but again missed.
He called out the guard, who came. running to the scene, whereupon the his heels prisoner finally took to
that It is recognised however, considerable danger to passers-by exists in this vicinity If shooting In persisted in, and the military authorities are anxious that some- thing should be done to obviate this necessity.
POST OFFICE.
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by
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