Tokyo, Oct. 2
Conversi worth of "red ink" bonds, due for Tedemption in the current and next fiscal years, for securities bearing Tower interest will be attempted by the Ministry of Finance, it was learned to-day.
The £6,000,000 debentures of the South Manchuria Railway Ca, redeemable on January 1 next, will be among the securities to be converted.
Officials of the Exchequer, however, express fears that the demand for cash redemption of bonds may be so large 25 have serious effect on the national' treasury—Rengo,
Text read from the printed page and cleaned; old type leaves the occasional error.