The Archive · 1920

Hankow Trade

The British Chamber of Commerce, Hankow, in their report on trade for the week ending October 27, state Finance and Money Market—The week under review was quiet with no bills offering and little or no demand for T.T. Taels. T.T. on Shanghai hardened to 97}, Chinese market, while foreign banks sold at 97 and 97}. Dollars fell to 69.65—69.85 Chinese market, owing to no business doing and stock of dollars increasing. Interest 11 per cent. after being 5 per cent. Changsha exchange nominal.

Exports—Conditions ruling both in Europe and America are such that we do not anticipate a recovery of the market for some little time. The coal strike in England and coming elections in America

Text read from the printed page and cleaned; old type leaves the occasional error.

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