Foreign Institutions Ordered tu Cease Operations Constantinople, Aug. 12.
Police Headquarters have order-foreign Chambers of Commerce to cease operations immediately The ban had been threatened for sometime past, but it was not thought it would ever be enforced as the Government had been con-dering whether to apply Turkish laws to foreign Chambers or permit operations in conformity with international obligations.
Aug. 13.
Foreign circles are at a lors understand the motives behind the' order which is attributed partly to the desire of the Turkish (Chamber!
secure fees hitherto paid foreign Chambers for services rendered, partly to Angora's amis to destroy what is regarded as the last vestiges of the capitulations and partly to ambition to inaugurate! national mercantile marine.
While the American Chamber is not particularly affected owing to reduced trade, the British, French and Italian Chambers regard the matter more seriously.
The British Chamber had been! ing for the past 40 years, and disappearance is profoundly YEN'S CLIMB TO PARITY, Sympathetic Interest of Experts, Throughout the World New York, Aug. 18
The Yen's courageous climb towards parity is being sympathetically. watched throughout. the world and especially in New York, where caperrs ascribe the advance, frst, improved conditions in Japan Shown in. recent trade "reports, Coupled with the fact thst Japan's exports "are now understood exceed. her imports, necessitating the sale of dollars for the purchase of Yen; second, to a. widespread' betiet that the Japanese. Government intends to. take advantage. of the opening of the export. season to estore, a. gold. standard; third, Fecent heavy purchases. of Yen by Indian and Chinese speculators, who are alarmed st the sensational col false ofthe Price of silver result of the expected abolition of iver currency' in India; fourrs, to rumoured. heavy buying' during the Tost few weeks in all foreign centres by the Yokohama Specie Bank, as) tie Bank of Jepan'e official agent, and, fifth, to" belated, covering by shorts who sold heavily at the time of the earthquake—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.