The Chinese Eastern Railway has received another serious financial shock for the South Manchuria have announced to the fernier the withdrawal of the practice of paying a rebate for the excess amount lof freight carried as worked out in the agreement of 1922. It is expected that the S.MLR. will be the gainer and the C.E.R. the "los Jof some 5,000,000 yen during the winter export season. Intending exporters and shippers of North Manchuria will suffer, if the CER. decide to raise their Harbin-Chang-[chun freights as a countermeasure.
'The news is: received on the: Soviet' side with: satisfaction whilst The Three Eastern Provinces Bank is to be renamed the Norti eastern Bank from the beginning of next year, with the consent of the Nanking Ministry of Finance., It proposes to redeem the Fengpiao notes that are tion, by" issuing large dollar notes to the tune of 70 millions forty mi!- lion of which are now being put on the market.
The Central Bank, Nanking, has opened branches in the three cap'- tals of the Three Eastern Province: in order to increase its finance operations in this territory.
Banks capital: is being increased to $10,000,000, six of which is used in Mukden and two" each \at Kirin and Tsitsthar,
Text read from the printed page and cleaned; old type leaves the occasional error.