'A number of new by-laws for the conduct of forward business have been framed and adopted by the Shanghai Stock Exchange. These are naturally of considerable interest to the public, following as they do the amended rules which came into force last year. The by-laws word " differ-
"deliver" and share specified on the maturity of the contract.
By-Law 10—Payments by the Stock Exchange Special Account shall only be made to members.
By-taw 11—The Committtee shall have power to appoint tlement days for the a differences at any time they may deem it expedient or advisable. shall be taken to be an inequaliin By-laws 1, 3, 4, 5, 8, 9 and
ty between the ' making up price for cash" and the actual contract
Text read from the printed page and cleaned; old type leaves the occasional error.