The upward trend in the value of Chinese bonds is believed to be traceable to inflation in the value of the 96 millions funding loan bonds, which inflation is a result of the rumour that Japanese are buying them in. This rumour is now believed to be unfounded, and therefore local bankers, particularly Chinese, think that the internal loan bonds have reached the top and.are*due for a sharp decline since the rise was artificial. They} will probably sell heavily on Monday. Some speculators are cashing in to-day.
Text read from the printed page and cleaned; old type leaves the occasional error.