The Archive · 1930

THE NEW YORK REDIS- COUNT RATE

New York, Sept. 11.

The New York Federal Reverve Bank's rediscount rate "was unchanged at 2) per cent. to-day, according to the bank's weekly a nouncement—United Press. food wheat crop for the last three years. General Chiang Kai-shek of Nanking has issued instructions, tabooing the shipment of wheat flour to North China because of the war [between the South and North China. Stocks in Tientsin have declined t) about 240,000 sacks and those la Dairen to 150,000 sack Orders for shipment keep coming from Newchwang, Dairen, Antung, Tientsin, Chinwangtao and other ports in Manchuria and North China, Japanese flour also has begun to be shipped to Hongkong, Singapore, [Sourabaya and other places with the Jeessation of the anti japanese boy-Jcott movement in these places. ports for the last six months are estimated at 3,500,000 sacks, the largest amount in the past except Hfor those for the same period of Nest year.

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

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