As a result of the signature yesterday of the policing agreement north of Soochow Creek, a new division, known. as "E" Division has been created. The area of the division is shown delineated Russians have reached a point seven kilometres from the port. The Soviets keep sending fresh troops on this map. up to the front lines and seem prepared to suffer extremely heavy losses to achieve their aims. The Norway to Make Demarche to Finnish High Command desires to Sterling Declines on withdraw troops slowly until the heights round Viipuri are reached. lew York Exchange Once there, the Finns would be in an excellent position to resist the each Over Sea Warfare New York, Feb. 29. invaders, In the far North, the Finns are resisting desperately Sterling on the New York Foreign Exchange market to-against overwhelming odds.—Havas. M. Koht Reveals Losses in Ships and Human Life day declined two points, under Finns' Position Precarious Denmark Joins Protest; Nazi Dictum on Navicerts a considerable selling wave, Stockholm, Mar. 1. which largely emanated from Oslo, Mar. 1.
Switzerland. Other European Finland's position, as revealed by ROFESSOR Halvdan Koht, the Norwegian Foreign Minister, currencies followed the down-last night's communique, is one of extreme gravity. The Finns defend-trend. announced last night that Norway would make new represening Viipuri, on the sea flank of the Stlling opened at 3.93% and tations to Berlin in the near future, against the sinking of Nor-Mannerheim Line, have been forced closed at 3.9234, compared with to retreat before terrific Soviet preswegian steamers.
Northern countries would support any protests yesterday's close of 3.9434. The sure. While disputing every inch of made on this matter, he said, and he hoped other neutrals would high for the day was 3.93%, ground, and inflicting considerable do the same. and the low 3.92%. losses on the enemy, the Finns have German semi-official warning against sailing in British waters Other European currencies withdrawn along a line stretching had nothing to do with international law, said M. Koht.
It was generally moved lower. French from the Gulf of Finland to Vuoksen, [halfway across the Karelian Isthmus. vital for Norway to maintain trade with Great Britain, with whom. francs closed at 2.22%, against she had a large volume of trade from ancient times.
2.23% at the previous close, and Round Taipale they are standing firm, but military experts here point guilders moved from 53.19 to out this sector may be seriously During the war, the Minister 53.12½.—Reuter. threatened from the rear, if the Rus-
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