The British pound sterling declined in value three per cent. only, in the New York Sight Exchange Market during 1915, whereas the German reichsmark depreciated 10 per cent. By January 9, 1916, the Bri pound sterling had recovered in value and had depreciated but 2} per cent. below par, but the German reichsmark had fallen to 22} per cent. below par. The par of exchange between New York and Berlin is 95.23 cents for four reichsmarks. On January 9, 1916, four reichsmarks were worth cents only, which is equal to a loss of 23} per cent.!
The par of exchange for the pound sterling is $4.8665. On January 9, 1916, it sold in New York Exchange for $4.7535, a small preciation of 2} per cent. only.
diag given below she how the British pound rose whil the German reichsmark declined in the second half of 1915. The figures Armed robberies are unusual in the quiet reside district, and no one would think that any man needing money, even a robber, would expect to find anything worth taking in such a small shop as the one these desperate men selected. At about 9.90 on Tuesday night four men entered the shop and asked for cigarettes. Then, presenting a revolver, they demanded money, grab. bed three or four rolls of coppe and dashed out. The shop was in charge of two women, and they immediately and without hesitation, ran into the road and raised what the police call an "alarm." Rooms-full of men have been held up and been so scared afterwards that they were afraid to stir out of the house for an hour, but not so with these women. Their shrieks for help brought out the neighbours and there was a lively chase.
The men went down Annam Road to Hardoon Road, where they separ-sted, one pair going toward Bub-'794 bling Well Road and the other pair toward Great tern Road. One robber fired at his pursuers but without effect, and just then he tumbled headlong into a drain. Hira Singh. a Sikh watchman employed by Mr. Hardoon, tried to stop the fleeing man, who was now desperate, and shot in the stomach, The robber continued his flight to Bubbling Well Road and was at last captured by three Chinese who closed with him in the garden of No. 191. A Sikh policeman missed making the capture by about 20 feet.
Text read from the printed page and cleaned; old type leaves the occasional error.