The following has been received from the Yangtze Insurance Associa~ vegaen pence pra or "BR Hevea po os toy Monsey Re per ito alr out BOMBAY aralie xo bares Market closed tqulet and steady.
London' silver was unchanged, for spot and Ye down forward at 20d ready and 28%d forward. It was reported that America bought, India speculators sold and the' market Was steady. After the official fixing the market was quiet with America buying at the fixed rate. New York silver was unchanged at 65% cents and Bombay 3 annas down at Rs.64.14.
"The Tocal exchange market opened yesterday morning with sellers at Tax" sterling, 2913 USS and 10 yen for November delivery. During the course of the day forward rates weakened slightly and' there was 8 Yendeney for banks to make selling rales for cash only on the above basis. Otherwise there was no spe~ cial: feature. tion:—"The Yangtze Insurance Association, Lid, the trustees for the debenture holders of the Asia Realty Ca. Federal Inc, U.S.A, desire to assure the debenture holders that their interests are being closely watched. The Asia Realty Ca, Federal Inc. USA. having applied to the United Siates Court for China under the terms of the new Federal Bankrupted Law Amendment for the pul pose of effecting a reorganization, 1 affairs are now in the hands of 4 trustee appointed by that court, awaiting the submission of some: {feasible plan of reorganization which will fully protect creditors and others. If no feasible plan is submitted and approved by the United States Court for China within a time set by that court, the Yangtze Insutange Association, Lid, will be able! to apply to the United States Court for China for the appointment of receiver on behalf of the debenture holders.
Text read from the printed page and cleaned; old type leaves the occasional error.