War Rumours But a Small Part The present crisis in banking! circles is a result of both economic and -political instability, The rumours. of war between Chekiang sud Kiangsu naturally have caused fa certain stir in financial circles, been practically closed since Bfonday, but operations do not seem di finitely to have come to a close until yesterday. The prinefpal bank amongst those that have failed is the Yue Fung, of 625 Tientsin Road, guild bank established two years ago, with a capital of Tls. 100,000. Associated in the crash, though they are said to be indepen: dent houses and are not even in the guild, are the Yung Tseung (capital His. 60,000), Yung Tsong (capital is. 80,000)' and Zeng Yue (capital 'Ins, 40,000). They are all of very recent origin, the first having been established in May this year, the second in February and the Zeng Yue about a year ago. It proved somewhat dificult to establish th total loss, but individually' the banks appear to be involved in sums from Tle, 100,000 up to Ths, 400,060 anid is holleved the total Toss is! ape proximately Tls, 1,500,000,
Text read from the printed page and cleaned; old type leaves the occasional error.