Loan of $5,000,000 to Tide Over Settlement Day Peiping, Jan. 13, loan of $5,000,000 has." been assured by seven leading banks for the relief of needy business concerns Peiping, as a result of negotiations conducted between the banking eyndl-Jeate and the Hopel-Charhar Pol'tical Council, it is learned here to-day.
'Of the amount of the loan the Central Bank of China will be. sponsible for $1,500.00, the Bank of China and the Bank of Communica tions $1,000,000 each, and the Kincheng, Banking Corporation, the Continental Bank, the Yen Yieh' Bank the South Seas Bank $400,000 each.
"The "Hopel provincial bank earned to have expressed willingness {to grunt a loan of, $1.0000U. but Jarrangements have for been completed in this regard.
The $5,000,000 loan, offeial circles state, will be handed over to the Hopel~ (Charhar Political Council some time to-day—Central News
Text read from the printed page and cleaned; old type leaves the occasional error.