It is generally known, for instance, that the receipts from the Customs since the imposition of the effective five per cent. tariff have been disappointing. While the increase has been bare three millions, the charges on foreign loan services, due to the rising gold rate, have been four millions. Hence a shortage of one million. The surplus therefore is short a million and those responsible for the domestic loan services believe that from this time forward there will be no amortization drawings. The effect of the anti-Japanese boycott is naturally serious, though no digested statistics are yet available. But it is probable that this too will seriously affect the administration of the domestic loan Services when the surplus comes to be reckoned.
While the Chinese banks still hold Big blocks of domestic bonds and find them convenient gambling mediums, and while for the casual speculator: they will probably be good enough for a long time to come to warrant speculative buying, -it is within the writer's knowledge that the majority of the administrative officers of the local Chinese banks have already disposed of their personal investments under the belief that what may be good gambling for their banks is not quite good enough for their several families,
Text read from the printed page and cleaned; old type leaves the occasional error.