Peking, May 4 In connexion with the report in a telegram from New York that between three and four million dollars of gold were being shipped to China in connexion with the Consortium loan, Reuter learns that the shipment of gold mentioned was merely an ordinary transference and in no way connected with the proposed Cons Itium which has not yet been formed.
The position with record to the Consortium is apparently this, that while the Japanese banking group seems confident of persuading the Japanese Government to sanction entry into the Consortium without reservations concerning Manchuria. and Mongolia, the Japancss Government has given no official assurance in this respect.
Mr. Lamont's visit to the Far East has done much to clear the air, but two important issues require settlement, namely, Japan's entry into the Consortium and the question whether China will honour the Hukuang bearer bonds issued to Germans. China's decision to withhold payment of the bonds, issued to Germans as contra account against German indebtedness through the war, has had the unfortunate effect of so heavily depreciating Hukuang bonds, which are the only Chinese bonds in circulation in the American kets, that these bonds have now been withdrawn from the London and New York Exchanges. It is believed in well-informed "circles that both these questions will shortly be settled satisfactory' Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.