Greatly Reduced by a Good Year Peking, Oct. 5.
The Reuter telegram from Paris of October 1, referring to the Banque Industrielle de Chine, has been misunderstood in certain quarters owing to confusion between the Banque Industrielle and the Societe Francaise de Gérance de la Banque Industrielle de Chine.
The losses of the Banque Industrielle in 1921 were estimated at about 250,000,000 francs. This figure has been reduced in the last three years to 53,913,000 francs, considered very satisfac:
Tt has been due to realiza-ions than at first expected.
In the meantime the profits of the Societe Francaise de Géranco up to June $0, 1924, were 12,845, 000 "franes—Reuter's Pacific' Service.
Text read from the printed page and cleaned; old type leaves the occasional error.