Creditor Bankers Association to be Formed nghai Chinese bankers who} are creditors of the National' Government have decided to form them. selves into a Creditors Association in order to facilitate the reorganization of China's domestic loans.
The decision to form such an association was reached at a meeting held by local bankers at the Chinese Bankers Club, 4 Hongkong Road, on November 24, when the ma agers of more than 20 local Chinese banks attended, the Bank of China, the Bank of Gommunics tions, the Kincheng Banking Ca poration, the Salt Industrial Bank, the China and South Seas Bank, the National Industrial Bank of China, the Ningpd Commercial Bank, being among those represented.
Prior to the meeting, the Shanghai bankers sent telegrams to the bankers of Peking and Tientsi ing them to send represent sto Shanghai to discuss the a National Bank Association. Four representatives of the Peking bankers, arrived in Shanghai several days ago and attended Monday's meeting, but so far no reply has been received from the Tientsin bankers. It is expected, however, that Tie tsin's representatives will arrive here in a few days and that the association will be formed shortly, because the majority of the Government's bank creditors are resident in Shanghai, Peking and Tientsin, As soon as the proposed association, after which delegates will be appointed to visit Nanking In connection with the readjustment of loans granted to the Government by the Chinese bankers.
Text read from the printed page and cleaned; old type leaves the occasional error.