Preparation Office Arrives from Nanking Both Foreign and Chinese Average Increase in Exports Firms Must Pay Being Maintained Shanghai, Sept. 24.
Mr. Koo Ping-fang. director the preparation office for the enforcement of the income tax. law, arrived from Nanking yesterday join, Mr. Liang "Ho-chun, vice-director, in exchanging their views with focal ankers. Gen. Wu Te-chen, the Mayor, gave a. dinner in his honour that' night. "Chinese publishers and editors" were also Invited to the function to meet Mr. Kao and. hear "his explanations of the new law.
In a petition to the Legislative Yuan, local Chinese insurance com=
Nanking, Sept. 25.
Regulations governing' the colicetion of the alcohol tax were approved by" the Legislative Yuan to-day. All alcohol. manufactured in China by foreign or Chinese firms, as well as any imported from sbroad,, will be taxed, The rate for ordinary alcohol Is 13 cents per for. denatured alehol alcohol 65 cents. per litre, for im~ ported alcohol, Customs duty will collected in addition' to the ordinary tax. Alcohol bearing tax certifeates will be exempt from further taxation when sold in the From the gures of the Chinese Maritime Customs returns for all China for the month of August with comparisons, it cane seen that whereas there was a decline from the July total, the average Increase in exports of merchandise was main-fained last month during which there was a corresponding lessening imports, "Bullion shipments on. the contrary, reverse the tendency merchandise shipments, there being a slight Increase even over the July levels of shipments inward sind out. The "comparative figures are "as Another Silver Shipment
Text read from the printed page and cleaned; old type leaves the occasional error.