Nanking, Sept. 24, In view of numerous inquiries from New York and other financial Quarlers abroad concerning whether China would restrict the re-export imported gold Dr. H. H. Kung, the Minister of Finance, stated " this morning that China ' welcomes we Import of gold from abroad for safe-Keeping, savings, or investment and doer not restrict in any manner the Fe-export of such imported gold as Tong og @ Customs certideate at the UUme of re-export is produced show-{ing the tine and amount of imported gold, 'This statement was made during a speech at the weekly memorial mecting. at" the National Government office this morning, Dr. Kung declared that due to deflation, inflation, land the uncertainty of the' monetary Standards of foreign countries, fore eign capitalists were uncertain where it-was safest to keep their gold, Many" capitalists, he added, had quired if the Chinese Government would place restrictions onthe re-export of gold.
The opinion Is that the definite announcement. made by Dr. Kung this morning, that the Chinese Government. will not restrict the re-export of gold, will probably induce foreign capitalists to send their gold fo China, thereby opening the way Sig. £1 hal $13.83
American Oriental Bank vanced again to $933.70 and clos $888.20. fed at for investments by forelyn capital here.
Us. su0 hat gza25 Sug at Shat 13 vs. s100 Shot s2rs20 Sig Et Shat $1378
Matlan Bank for China shat Pour L'Etranger
Text read from the printed page and cleaned; old type leaves the occasional error.