Chinese circles were perturbed by the report that $1,200.000 worth of wheat flour, stored in the China Merchants' godowns at Tangku had been seized by Japanese military authorities. Another consignment of flour red in the firm's Tientsin godowns was aso reported to have been seized, Although the situation in the north has been considerably eased, through trains to Peiping stopped at Tientsin yesterday. Air mail and passenger service to the old capital was maintained, Gains ranging from $245 to $4 were recorded in all Consolidated bonds yesterday. The substantial recovery began at the first session of the Chinese Government bond market and was continued in the afternoon, when Consolidated A, for July delivery, reached the maximum gain of $4 allowed for any issue in one day.
Text read from the printed page and cleaned; old type leaves the occasional error.