The Archive · 1937

Chapel Returns to Normal

Japanese Sentries Withdrawn from Streets July 27, While the search for the young member of the Special Naval Landing Party and the elusive Japanese who was reported to have witnessed the alleged abduction of the seaman was being continued, Hongkew and Chapel remained calm yesterday, Outwardly, normal conditions ap: peared to' have been restored with the withdrawal of Japanese sentries from the streets, Apprehension fisted among the residents, however, and a few families were observed: moving out of Chapel along Paoshan Road during the day.

Travellers to Kiangwan either from Chapel or the Settlement reach-fed their destination without any. terruption. In North Szechuen Road, Seltlement Police and Chinese Police were noticed at" street corners, Japanese patrols were less frequent than those maintained in the past two days, Only a few marines were seen stationed In' front of the Naval Landing Party Headquarters. Everything appeared to be peaceful in streets close to the railway line In Chapel." Kiangwan was the more peaceful following a large scale evacuation early on Sunday. morning. Not a single patient was, to be seen in Yih's Garden sanitorium, and several big buildings were found to be deserted.

Bonds Drop The Chinese Government bond market wag affected both by the Shangha} situation and the hostile ties in the north. A drop of $1.70 fo $3.00 was registered in all issues, Consolidated Av suffering the most with Issues for July and August deliveries falling off $3.00 and $3.90 respectively, Meanwhile the price of rice for the ast week has registered a 20, to 40 per cent, increase, 'This was attr buted to' the following two reasons: the Sino-Japanese conflict in North China has caused local rice shop-owners to increase their stocks for the purpose of hoarding with re-sultan high prices; and always at this time of year the old stocks in the interior become depleted and, the new crop being late, the rice desiers take advantage 0 increase the price. The number of rice boats arriving daily in Nantao and Chapet about 30 to 40, each carrying a Tond of 200 to 800 piculs, as combat ed_with 6 {0 70 a fow months ayo, Chinese authorities are doing everything in their power to calm residents, Measures to chock wide Auetuations in bond prices and the increase in commodity prices wore discussed. Those who intended to tions" prevailing in Shanghai, the move out of Chapei were advised endeavours tot to do so, Precautionary meas-were being made to "learn the facts ures against any disturbance were also taken,

Text read from the printed page and cleaned; old type leaves the occasional error.

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