Measures Adopted to Stabilize Bonds The rumour that China is con ning payment of for-Jeizn debts and the Interest for one year was scouted. by the Ministry lof Finance' as without, foundation, The denial was issued by Mr. T. V. lSoong, the Finance Minister, on [Sunday and related to Shanghai yesterday.
"The. rumour was. fetlowing a conference held Soong and several. local bankers." Oficials made known yesterday that only measures stabilize the Government bonds were discussed in the meeting, Tt was alo revealed yesterday that in onder to strengthen the trust and Jeonfidence of the genera) public in the domestic bonds, the" Central Bunk, Bank of China, Bank of Com munications and other Chinese banks have agreed to buy them.
lite: Chang Shu-yung, Vice-Minis-
-flocal press representatives, sai ter of Finance, in an interview with that a reserve fund of $16,000,000 has been put aside by the banks to over the bonds. In case the fund is not enough to meet them, the rho [banks have agreed to allot more money for this purpose, The Government bonds have been seriously affected by the recent morning, and|Sino-Japanese crisis in the north result of his {and the wild rumours in Shanghai, Canton|It is believed the measures will feveatly stabilize the market. pie (Sinwanpao" sates, that arrived in Molden with @ number ince Kong, former, Regent, has
ff Japaiese offeiats to assume lend fership of the independence ment. eis said that the impo lists are gathering in that city alary "to eetablihing a
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