The ron on the Banks for dollars cantioned yesterday, although in the morning the rash was not so heavy as in the afternoon. The total amount paid out, however, was slightly lees than on Tuesday.' Two more native banks, the Tong Woo and Chin Woo Banks, suspended payment, while the Shing Nib Bank recommenced payment of dollars. It. is understood the there were some sales of dollars late on Tuesday afternoon, and thie has helped the market a little. There is little hope of getting dollars from the interior, as was expected in some quarters.
Regarding the loans and native orders, the Bankers' Guild foele that help from the Government is absolutely necessary to tide over the most the obligation of banks. With this end in view, we understand that the Banker's Guild requested the G oochow snd the Viceroy of Nanking to loan them the sam of $4,000,000 (new currency) which lately arrived from Nanking to help them pay the native orders. The come are practically useless for the present crisis, as the Mexican dollar is having undisputed sway in the mind of ignorant Chinese—poseibly it is the last occasion of its rale in China, as the new dollar will usurp its place soon. But the foreign banks can hold this as security, and the market would be immensely relieved. The Viceroy has telegraphed to Peking, and a favourable reply is expected at the earliest opportunity... The Peking Government has been. several times in the unenviable position of helping banks which will not reform themselves. Bat the Government alone is, after all, responsible on account of its chaotic oarrency policy. Bat, it any time help were ever deserved by the banks it is now.
The fatare of the market depends upon the nature of the from Wuchang. But, for the present, steps similar to those indicated above are urgently needed.
Text read from the printed page and cleaned; old type leaves the occasional error.