Railway issues has inspired well-Informed circles in the City to discredit the rumour that a settle~ ment is imminent.
The " American" bond-holders committee has not yet given an opinion on the terms agreed by other parties, which, it is under~ stood, bear a'close resemblance to to the terms of the. Tientsin-
Pukow Railway settlement. Reuter. chow-Yushan gcetion of the line for heavy trafic. "The Bank of China is responsible for $1,800/00, while the Farmers Bank of China ahd the Chekiang Provincial Bank each will bear $500,000. An order for $6,000,000 worth, of material for the reconstruction of theseetion, it Is further reported, has been placed with a Czechoslovakian firm. The construction work is expected to begin next January" and will be completed by March next—Central News.
Text read from the printed page and cleaned; old type leaves the occasional error.