Bearish Attitude of City Bank: Flotation of Public Bonds Tokyo, May 20.
Yen quotations continue to drop, the Yokohama Specie Bank lowering Htheir figare twice to-day. This is almost unprecedented.
This tendency is interpreted. on the Tokyo market as largely due t> the bearish attitude of the Nationa! City Bank's Tokyo branch.
Tt is the intention of the Government to float public bonds amounting, Ito Yen 110,000,000 in the open money market. This will be the first time such action has been [taken for several years past.
The Governor-General of Formos, who is at present in Tokyo, stated press representatives to-day that
Text read from the printed page and cleaned; old type leaves the occasional error.