Fourteen Banks in Shanghai in Combine Hangchow, Jan, 20 Me. Hisu ching-is, Commissioner of Finance for Choking, returned Shanghai. yesterday and. anounced lat agreement for a loan of $2000¢ G60 has been reached with Shanghel "The agreement will be formally figned after approval. by the 'Ghe-long' Provincial Goversment. he Tanking syndicate it composed of fourteen Danke a follows 'Bank of Chine, Bank of Communications, 'Shanghii. Commercial and Savings Bunks Ningpo, Commercial Bank' Notional Commercial "Bank, Chekiang Industrial Bank. Continen:
Bank, Rincheng" Banking. Corpore fal "Bark," View'viey "Comers Bon china and South 'Sen Bank, Commercial Bank of Cnina, Sin Hus 'Grant snd Savings Bonk, China State Bank and the Manufactorers' Bane of China. fixed at $2,000,000, and is to be secur~ the Business Tax, the Farm 'Tax and the Brokerage Tax collected in Chekiang. The loan is to bear Interest at ten per cent. per annum, payable half yearly. The principal is amortized twice a year, Tome, and December, and will, be Somplctely redeemed' ey the end of sre, money 1s the, paid over to the Chekiang Provincial" Govern Jon Sanuary 2. The syndicate is repre-ented ey the Banke of China-Kuo iti
Text read from the printed page and cleaned; old type leaves the occasional error.