The Archive · 1920

Hankow Trade

The British Chamber of Commerce, Hankow, reporting on trade in their circular of July 28 state:

Finance and Money Market.—A very quiet week with no bills offering end little or no demand. A little inter-bank business made its appearance on the 22nd. Taels T.T. on Shanghai. Chinese Market fell te 96.425. Foreign Banks quoted 96.75, but there was very little demand. Dollars closed easy at 70.05 95. Interest 4 per cent Changsha exchange, nominal.

Exports.—The market is dull and there is nothing of interest to report.

Imports.—The market' for piece goods holds its own as regards prices which are, however, quite nominal in the complete absence of business. There will be no improvement for at least a month.

Text read from the printed page and cleaned; old type leaves the occasional error.

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