There has been a good deal of speculation during the last week in notes of the local Bank of China, Central Bank and Bank of Communications, These notes have been practically valueless for some time, but on Thursday they were being bought at the rate of $3.15 in nutes lo one silver dollar. Something has happened to disturb the market and holders are to-day offering to sell $4.26 in paper for one dollar in silver. When one remembers the enormous fortunes which have already been lost through handling these notes, one is amazed that persons can still be found to speculate in them.
Text read from the printed page and cleaned; old type leaves the occasional error.