The weekly cirewlar of the Brit ish Chamber of Commerce, Hankow, issued on August 18, states Finance and Money Market. Another quiet week with a few bills offering and a small demand for remittance. Taels T, T. on Shanghai. Foreign bank iniported and quoted 96.75 to 96.8. TI Chinese market rose to 96.675. Dollars remained steady at 70.05—70.25 during the week. Interest: 5 percent. Changsha Exchange. nominal.
Exports.—There are some in quiries in the market, but the political situation in Europe checks business. besides which we seem to be witnessing another gamble exchange, from which as usual the exporter has to suffer. Conditions in America are very bad, but it is to be hoped that a change for the better will take place soon, although we hear that large stocks, particularly of wood oil and goatskins will have to he disposed of before much cane expected, Imports.—The market is quiet and there is little or no inquiry, Prices, especially of Blacks have improved slightly. Some sales of Japanese stocks have taken place at cheap prices. Clearances poor, Proposed Cotton Mission to be Postponed London, Aug. 21.
The sub-committee of the Manchester Chamber of Commerce has decided to recommend the postponement of the proposed Cotton Mission to the Far Eastern markets until 1921, when it is hoped that the difficulties in connexion' with arrangements will have been surmounted.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.