great volume of actual sales in the a 7 Though there was really not any, call market this week things were Park Union Absorbed by Asia altogether much brisker and there Banking Corporation was a distinctly more hopeful feel-! The liquidation of the Park ing all round. This was in Jarge/ Union Foreign Banking Corpora-measure due to the re-opening of) tion is apparently to take the form Newchwang, the first steamers for of absorption by the Asia Banking the northern port taking between Corporation, judging by cabled in-6,000 and' 7,000 packages of piece formation which has been received goods and yarn. The continued un-} in Shanghai. certainty regarding the Yangtze} This is to the effect that Mr. C. A. and Szechuen political davelop- Holder, the president of the Park ments is, of course, still having an! Union Bank, and Mr. T. F. adverse influence on trade ju those} Aspden, the vice-president, have districts and! the very rainy weather been appointed to similar positions ately prevailing up-country has; on the board of the Asia Bank. also been bad for trade, but south- Mr. Charles Sabin, now chairman ern ports have been assisting busi- of the board of the Guaranty Trust ness quite a lot. Exporters have} Ca and president of the Asia had a. very bad week, for there basi Bank, will become chairman of the been general stagnation, the rise in board of the Asia Bank, whilst Mr. exchange having knocked off prac- Sigmund Metz, now assistant vice-tically all inquiries, president of the Guaranty Trust 0.5 3 och nominate vice-Piece Goons. president and general manager re-There was a distinctly better feel- Sident in the Far East of the ing everywhere, though there was *bsorbing bank, not so very much rea] business and (From this, it is gathered that prices generally were reported When the Park Union Bank closes steady. A marked increase in in- "Pin the Far Rast, the Asia Bank quiries was noted. Deliveries have Will take over the business, been very good and the distribution pretty general. Korea is showing] Chinese Eggs in New York considerably more activity. The New York, Feb. 7. last few weeks have seen a big fall ' side stoat in heavy and expensive cloths, but Chinese eggs to-day invaded the this week the reverse has been the New York market. Six thousand case and there was a distinct re-! coverly, whilst the lower grades were} cases arrived by way of Vancouver, showing little breakage after a five weeks' journey. It was remarked upon that they are smaller than domestic eggs, with harder shells.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.