Business In Shanghat has in all, or most, departments been so, dull] for some time now that the "war rumours" cannot be described as having any great unsettling effect. 'Dhe dollar exchange shows a steady tendency, and this should continue in view' of the extra demand for the payment of troops. In ordinary times, these payments always have been precarious, but} with serious work, or a pretence at it, In view, it is' up to. the rival commanders to see that the soldier is promptly paid, the dollar always having been an important element in Chinese warfare, ce the heavy for dollars, and)
As in general business, so on the Stock Exchange, the war scare has had little ov no effect on an already moribund market. The misfortunes of the June settlement put a check on gambling and the market toned down very considerably,. At the moment, the business doing is only on a small scale, and chiefly in debentures. But this slackness is of unusual at this holiday season and the uncertainties of the political situation are not entirely the caus: of the lull in affairs,
Text read from the printed page and cleaned; old type leaves the occasional error.