Vienna, Feb. 8.
A group of Alpirists succeeded in reaching the bottom of the recently discovered prehistoric cave in the Oetsch region of the East Styrian Alps. Exploration took 36 hours and was made very difficult by ice. The explorers were finally able to ascertain that the cave is the second deepest so far discovered in the world, having a depth of nearly 1,700 feet.—Trans-Ocean.
Peiping, Feb. 7.
The spokesman of the "Provisional Government" in Peiping announced to-day that the new Federal Reserve Bank of China would be open for business here and in Tientsin on March 1, with a capital of $50,000,000.
The capital, he said, was subscribed half by the "Provisional Government" and half by the eight participating Chinese banks here and in Tientsin. The Bank will have advisers, presumably Japanese, who will be empowered to attend the meetings of the Board of Directors.
Regulations of the Bank state that cover for the note of issue must be at least 40 per cent, gold, silver and foreign currency, afd not more than Shanghai is perpetually covered by a blanket of soot which we breathe all day long. The result is that four out of five residents suffer from a "Shanghai Throat," an ailment which manifests itself in a mauseating morning cough often so racking that it leaves the sufferer exhausted. This unpleasant cough is quickly relieved by Allenburys G.B.C. favour is delicious.
Pastilles. Try one to-day. The 60 per cent. Government securities with other bonds and bills guarantee: by the "Provisional Government."
As it is believed that no silver or gold will be available for cover and, with less imported from Japan, it appears that the only cover which may be procured are bank notes of the three Central Government banks, which are still in circulation here at par.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.