Chinese modern-style banking stitutions are checking accounts in preparation for the New Year settlement, The work is begun earlier. than usual this year because of the emer~ gent The total of accounts, handled by modern-style banks between July 1 Jand December 31, 1937, will be only half of the average gures for prejeeding years, according to informa. tion from Chinese circles, The native banks, whose last seml-Jannual settlement covered the period [between March 31 and September 31, will have only. $20,000,000. In current; accounts to clear, according to the report.
Text read from the printed page and cleaned; old type leaves the occasional error.