The Archive · 1936

Station in Hongkong

for C.N.A.C.

Nanking. Oct. 22.

Satisfactory arrangements for the establishment of a station of the Chin National Aviation Cor-oration at Hongkong have been made by Mr, Tal En-chi, general manager of the Corporation, with the British authorities in Hongkong—Kuo Min, Besides the railway, the British authorities, it is understood, also intend to discuss with the Chinese authorities the extension of the Singapore-Hongkong section of the British Empire Air Line to Shanghai Following the enforcement of the hew currency policy in Kwangtung. by the Central Government, the value of the notes of the three Government banks in terms of Hongkong currency nas risen considerably. The present quotation {s $100 legal tender notes to $08 Hongkong money. It is ex-ceted the value of the two currencies will be at par in the future, when Kwanglung's financial situation is, further stabilized. Large quantities of legal tender notes have been shipped from Shanghai to Canton, Curing the last few weeks, the greater Part of which wilt be used for the Fedemption of the small money subsidiary notes issued under Gen, Chen Chistang's regime—Centrai News, Canton Contributions Canton, Oct. 19, Canton expects to donate over

Text read from the printed page and cleaned; old type leaves the occasional error.

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