Mr, E, Kann's Forthcoming Publication The impending publication of a volume entitled "The Currencies of China" is _amounced by Messrs. Kelly & Walsh, Ld. The book consists of more than 600 pages and vepresents the first attempt to place Before the public a complete and up-to-date record of China's metal: ie currencies, their service within the huge country and their relation international arbitrage. An experience in practical banking in China, extending over more than 25 years has enabled the author, Mtr.
Kann, to compile a work which may justly claim authenticity com-Vine with practical value to not only the financial world, but equally. to every one interested in the development of China.
My. Kann is well-known student of ceanomies and writer on the subject of finance-in the Fay Enst, He is therefore singularly fitted for the task he has undertaken end accomplished successfully.
"The book consists of three sections, namely: gold and gold tran actions, silver and silver tran actions, and copper and copper] coinage. For the first time in hi tory one makes the acquaintance with what has hitherto been the mysteries of gold bars, and what} from now onward will become plain fects to the reader, thanks to ths author's Iueid description:—In view of the importance which the Shang hai Gold Stock Exchange, Ld., is wielding, it has been thought teresting to present to the public complete translation of the arti Jes of association of that institu-
The most extensive chapters are those dealing with bar silver and the tael, Minutest details velating to the import into China of bar silver and its employment within the country are recorded. The work contains about 110 formulae for calewlating parities and a masa, of up-to-date statistical material.
The currency system of Hongkong, farms the subject of a special chap ter.. Almost all commercial centres in China are treated and the currencies circulating there are described and analysed; Tientsin calle for special comment in this respect Mr. Julean Arnold, the Uni States Commercial Attache, has supplied the foreword, and H. E. Yeh Kung-cho has written to the publichers, pointing out the great use fumets of the work undertaken by Mr. Kann, A British banker at Shanghai, after having seen an adance copy, comments on the work most complimentary terms an ends up by stating that "it is not too much to say that this book almost essential to every one cot cerned with exchange banking the Far East", We hope soon to have the opportunity to present to our readers a fall review of the book which pro-nines to be a welcome addition to the seven of valuable works on this subject of Chine.
Text read from the printed page and cleaned; old type leaves the occasional error.