An Increase of $7,000,000: All Obligations Fully Met and Reserve Maintained Peking, Jan. 24.
The Salt Revenue for 1922 after meeting administrative expenses amounted to $85,789,000. which is an. increase of $7,801,000 as compared with the amount in 1921.
All_obligations secured by the Salt Revenue have been fully met. The surplus funds released to the Government totalled $78,862,000, but $31,000,000 of this represents sums retained locally or appropriated by provincial] authorities or militarists. These retentions have increased by $13,000,000 as compared with last year.
The reserve in the banks is maintained at $7.000,000.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.