October 14, account for this change of outlook. The ran on the Niogpo Bank came to an and in the morning, when a few dopositors were again in attendance to effect withdrawals, Confidence in this bank now appears to have been re-established, and many Chinese who sold their paper heavy discount owing to the panic now grieving over their ehort-sight-eelness, The new Taotai took over his seals of office yesterday.
'According to Chinese reports result of the Ginaccial situation in Shanghai, money in Pekiog has grown scarce and exchange has risen to 75 or 76. Following the closing of the Yoan Feng Jiin Bank, sixteen native banks in the capital have' closed their doors, and the market is ina highly nervous state. The Yach'sanpa has ordered the Railway Department to appropriate $300,000 from the Peking-Mukden Railway to go towards relieving the stringency. Dake Tsai Tse, of the Ministry of ance, has also liberated Tls. 700,000 to help. the market. It is stated that the Ministry of Agricaltare, Industry and Commerce proposes to order the Ta Ching Government Bank to issue a loan of Tls. 3,000,000, and the Communication Bank a loan of Tis.
2,000,000 to assist the Shanghai mar-of ket. The Ministry of Finance has also decided to ask permission of the Throne to appropriate fands to save the fico: cial situation. The Viceroy in king has telegraphed to the Gover: ment, saying that owing to the large amount of money for the indemnity deposited in the native banks and the short time given within which it is to be called in, he has tried to obtain an extension of time from the Ministry of Finance, bat failed to obtain its approval, He points out that as money is very tight in Shanghai, it would be extremely difficult to call in the money immediately, He would pray the Government to ask for a favour from the Throne that it should grant an exten sion of time for payment, A Decree was issued commanding the Viosroy peremptorily to recover payment in pursuance with the previous Edicts. It 16 stated that the Ministry of Finance
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