Peking, Jan, 3.
Taking advantage of the New Year vacation, the Chun Hua Mou, Feng Yuan, Chi Yuan, Fu Chen and Tung Shang native hanks here have declared bankruptey. Tt is feared that another batch of not less than ten will be obliged to close, for business before the Luna New Year. The continuous civil warfare in the north coupled with the removal of the capital are the principal factors that constitute the present financial crisis her:
Text read from the printed page and cleaned; old type leaves the occasional error.