EUROPEAN CRISIS

Evening Star, Issue 23353, 24 August 1939, Page 12

EUROPEAN CRISIS

Pwew Association—By Telegraph—Copyright BRITAIN GAILS UP RESERVES LONDON, August 23. (Received August 24, at 8 a.m.) Implementing Cabinet’s decision, sections of the IR.A.F. and the Territorial reserve were called up this morning. It is believed that the various army reserves will be called up during the day. EMERGENCY PGWERS SOUTH RHODESIAN HOUSE SUMMONED (British Official Wireless.) RUGBY, August 23. (Received August 24, at noon.) The Southern Rhodesian Parliament has been summoned for Monday to conaider emergency powers. APPROACH TO TURKEY VON PAPEN EN ROUTE BERLIN, August 23. (Received August 24, at 11 a.m.) Herr-von Papen is en route to Turkey, where be hopes to wean Turkey from the democratic front. The Nazis consider there is now every possibility of success. GERMAN ALLEGATION POLES FIRE ON PASSENGER PLANES - BERLIN, August 23, (Received August 24, at 11 a.m.) The official agency alleges that Polish anti-aircraft units fired on three German passenger planes in the vicinity of the Corridor and the Baltic Sea. It is described as an insolent act of lawless»es» by Polish pirates. " PURE FARMCATION ” (Independent Cable Service.) WARSAW, August 23_ (Received August 24, at 11.45 a.m.) The Government denies that German air liners were fired on, and describes the German report as a pure fabrication, AN WTIMISTIC VIEW PACT NO INDICATION OF FRIENDSHIP OTTAWA, August 23. (Received August 24, at 1 p.m.) Lord Maugham, the only member of the British Cabinet absent from England, commented: “ Conditions in Europe are not as bad as people think. The non-aggression pact is by no means an indication of close German-Soviet friendship. Russia is probably equally willing to sign similar pacts witfe a number of nations, including Britain,” SOUTH AFRICA’S ATTITUDE CAPE TOWN, August 23. (Received August 24, at 10.30 a.m.) Dr Malau (Opposition Leader) called on South Africa to remain neutral in the event of war. General Smuts appealed to Europe to avoid suicide. WAR RISK RATE INCREASED NIT AS HIGH AS LAST SEPTEMBER LONDON, August 23. (Received August 24, at 11 a.m.) The Institute of Underwriters has announced an increased minimum war risk rate for risks “ outside war risks and the cargo pool.” It is operative on August 24 as follows Baltic, 30s per cent. Mediterranean, 355, Australia and New Zealand, 15s out, 20s home. German and) Italian ships are excluded, They may be rated at the underwriters’ discretion. The rates are lower than last September’s, and approximately equal to those applying during Italy’s annexation of Albania. STOCK EXCHANGE CAUTIOUS GENERAL TENDENCY WEAKER LONDON, August 23. (Received August 24, at 11 a.m.) On the Stock Exchange a cautious atmosphere prevails. There are few transactions, and the general tendency is weaker. Gilt-edged securities have been further marked down. PRICES BREAK IN NEW YORK NEW YORK, August 23. (Received August 24, at J 2.5 p.m.) The increasing tension abroad sent stocks down to-day on the worst break since April 8. Grains soared, while corn is up three cents. Wheat reached a fir# cent limit at Winnipeg, and the American market lifted three cents. Canada is prepared to ship wheat to Britain in the event of war, and the Wheat Pool withdrew offerings from the market. Sugar futures, another prime war commodity, rose several points. Bonds in New York continued to decline. United States steel is. down two

cents for a new 1939 low level, and the industrial average has fallen off 3.25 points. Gold losses at Toronto amounted to 20 cents. BROADCAST TO NATION At 8 o’clock to-morrow morning a speech by Lord Halifax, the British Foreign Secretary, giving a message to the Empire, will be rebrondcast by Station 4YA, Dunedin, from the 8.8. C. Empire station*