A third reason is the adverse progvess of operations at the front. Allway news—excopt stood news—is being suppressed from appearing in both the native and Russian press, yet still it leaks out, for it must not forgotten the majority of the: natives here come from Shantung whilst a sprinkling. of fter-to-do traders: are from Shansi, and hence the news comes: by: word of mouth, and in greater detail than is possible either by wire or by past. As per usual, the local utherities took alarm and assembled the representatives of the Chinese banks and the Chinese Commercial Guild to think out what to do under the circumstances, one of the be taken being in the collection of the existing advances, but actually soary to get to the root of order to mend matters. that the foreign, proached the local of-to lend assistance for the stabilization of the locally currency. The officials, however, ignored: entirely the letter that was sent them. Money orders on Shanghai ost $150 local dollars for $100 Shanghai currency, and it is about, the same rate on Tientsin and Pedug. As a consequence, market prices are up as much 20 per cent. fand shopkeepers ave preparing themselves for another drop.
Text read from the printed page and cleaned; old type leaves the occasional error.