A striking picture of the President Jefferson passing down the river to the sea on her way to Hongkong and Manila Jcay morning.
Long before the doors of the Loans and Banking Office, S.M.C., were opened at 10° o'clock a queue thad. formed inthe corridor, including a arge number of Chinese. Tt was necessary to post policemen to maintain the sequence of members of the crowd.
The loan was subscribed within a few minutes of the opening, and the subscription st was closed after about fifteen minutes, While the fextct total of the applications could Jnot be ascertained on Thursday, it was estimated that about $26,000,000 had been subscribed—or nearly four times the amount of the isstc. Allotment will be made on a pro-vota basis.
"A. substantial share of the subscriptions represents Chinese capital. "There are also many subscribers
Text read from the printed page and cleaned; old type leaves the occasional error.