Mukden, Aug. 19.
Five more lending Chinese exchange-brokers in the native city were arrested by the Mukden authorities this morning, Five prominent Chinese exchange-brokers and dealers in special products, who were arrested some time ago by the Chinese authorities, are reported to have been shot at 11 o'clock this morning on the execution ground outside the City, Another report has St that the Chinese authorities, fearing public agitation, secretly executed the five merchants. Owings to. rumours, even the Chinese merchants residing in the South] Manchuria Railway zone have come panic-stricken, besides the merchants rending "inthe native city. Many people have already taken, refuge in the regions. along the South "Manchuria Railwey a well as in Dairen—Toho, Chang -lin's Effective Measures to Bring Currency to Par Mukden, Avg. 21.
Fengpiao continues the all absorb. ing topic of conversation.
"The Chinese brokers in the Japan. ce Concession cither through fe of ultimate consequences or for bus pees reasons are now quoting rates approximating to the official rate set] by the Mukden authorities. Thus} exchange was effected yesterday ae 4.30 to the yen and 4.20 to the dollar, the official vates being 3.00 and 4.20 respectively, but business was don cliewhere st 4.80 to the yen and 5.00 to the dollar. So afraid are the Chinese inthe Japanese Concession of the presence of government plain! lathes detectives that no one permitted to enter the Stock Exchange without a permit.
The instruction of Marshal Chang Teo-lin forbidding transactions any other currency than fengpiao has stopped practically all business yen, and the Japanese merchants accordingly are suffering heavy Fengpino Improved by the Victory Nankow Aug. 24.
The victory at Nankow. has had fan apparent effect upon the value of fengpiao, the official rate for} which is now quoted at 380 to the yen and 4.10 to the dollar. But this improvement is more apparent than real. inasmuch as in. the Japanese Concession a silver dollar will fetch 4.50 fengpiao. Even at the official rate quoted above nu business is being done, for when any tone approaches a Iceal bank in order to buy yen or dollars he met with the query if he wishes to procure yen or dollars when feng-ino is the local currency. The presence of detectives in the banks does the rest. It is now stated that the Marshal has given orders that fengpiao, must, improve at least 50} cents per week until it returns t> ite former parity, viz., 1.20 to the Japanese Calling for Action on Manchurian Currency
Text read from the printed page and cleaned; old type leaves the occasional error.