'The Bank of Communications of Shanghai is understood to have placed an order with the American Bank Note Ca. for the printing of a new series of notes to replace those at present' in circulation, It is reported that several million dollars worth of new notes will be issued, the colours and engravings of which will differ from those now Inquiry at: the offices of the bank October 22 elicited the information that it was proposed to.issue the new notes because certain persons had resorted to the practice of using notes of the Bank's egencics, the value of which were less than the Shanghai notes, in forgeries. The method used in most cases was to change the name of the branch to read "Shanghai, As the colours and engravings wer: practically the same, it was an easy matter for forgers to make the change in such a manner as to cheat the unsuspecting public, The being the ease, the bank had decided that the only way to stop the practice was to have a special note issue so far as Shanghai was concerned.
Questioned as to whether there was sufficient reserves for the new issue, our informant said that not all of the notes would be circulated at once, However, these would be issued, especially as the notes at present in efreulation would gradually be withdrawn,
Text read from the printed page and cleaned; old type leaves the occasional error.