Council passed the second reading of the Budget Rill, and referred the The following is a summary of a report issued by the above Bank on the result of its working for the half-year ending June 30, 1912:—The Bank was established by order of the Tutuh first at, Soochow as a means of preserving the stabil lity of the money market as well as assisting Government finance. It was opened on December 3, 1911. Subsequently, in view of Shanghai being the centre of China's commerce, the head office was transferred to that port, the Soochow office was converted into a branch office, while branches have also been es talished- at Nanking, Sungkiang. Changchow, Wusich, Chinkiang and
Text read from the printed page and cleaned; old type leaves the occasional error.