The Archive · 1932

SPECIAL 10 THE N-C, HERALD

On January 80, the whole of the!

i S and business houses fin Shanghai closed their doors as Jo mark of their indignation at the bombing and shelling of Chapei by:

nese naval forces onthe wholly or partially closed until the allowing Thursday: (Pebruary 4), fron they "reopened for normal a Bosiness" The "native. banks "of Shanghai have, however, felt it Inecessary to reopen on a much more restricted basis and are at the pre~ sent time transacting only such Dusiness as does not involve the withdrawal of cash or its transfer banks outside the native banking circle. The serious effects of this [decision on the business of Shang-Hhai will be readily understood from the following brief. explanation of jthe part which the native bankers play in the financing of China's import trade.

Silver Last quotations come as 19iid. ready and 19tid, forward as against 19yed. ready and 19484. forward a week ago. dividend.

The following additional quotations been, "received. through United

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account