The civil wars and disturb: of the last few months and the uncertainty regarding the future erally and the Tariff Conference in particular mare now having their effect upon the foreign markets.
Messages from Europe state that} Chinese foreign loans fell considerably yesterday, a noteworthy example being the 1918 Reorganization Loan, which is usually regarded abroad as one of the safest of Chin. ese securities. The French issu which Inst spring was quoted as high as £734 was down yesterday to £643, while the Russian issue, which has been as high as £71 this year and recently was at £66, is now at about £58, These are lower past, sta quotations ghan for a very long time
The defaults by the Chinese Government on certain railway and other loans in the last few months have caused a considerable drop in quotations for these bonds. Following a default a few weeks ago on the Tientsin-Pukow Railway Loan, it is now feared that the Government will default. on the interest _on Hukuang railway bonds also. The interest on this loan is due to bondholders on December 15 and the interest should have been paid into Request for Postponement for Few Days
Text read from the printed page and cleaned; old type leaves the occasional error.