Nationalist Notes Valid Till Replaced Peiping, Mar. 10.
ported by panese banking 8 cate, the odorated Reserve auk" of China opened for business here to-day In statement issued steroay th: revisional Chinese Government" defined the bank's tasks s drawal of old notes from circula-n and issuance of new banknotes, hich will become sole legal tender on a par with the Japanese yen, Two decrees come into effect to-day. The first provides for di posal of the old currency and the prevention of acts designed to disturb financial circles. The second stipula ated punishment for such offences transfer of silver without permission; speculative transactions in bank-notes or foreign exchange; circulation of rumours and other acts tending to affect financial stability.
Eonknotes issued b; the Bank: of China, Communications, Hopei and East Hopei with Tientsin Tsingtao and Shantung imprints, will, under the terms of the decrees, remain in cizcuilation at par with new notes a veer from to-day.
Notes issued by the Banks of China anc Communications and the Central ark of China and bearing the imof other localities, will remain in circulation for three months from
Text read from the printed page and cleaned; old type leaves the occasional error.