China Ready to Exchange Silver for Gold Shanghai, Oct, 24.
The Exchange Stabilization © Com= mittee, newly inaugurated under the auspices of the Ministry of Finance, is functioning through the Centra Banke.
"The equalization charge fixed by the Committee at 10 am. yesterday was 10 per cent, The total export duty on silver dollars and mint bars was, therefore, 173% per cent, and on other forms of silver 20 per cent, Tt. was learned from reliable sources that the Chinese Government is. still continuing inquiries into the prospect of an exchange of silver for gold. Dr. H. H. Kung, Minister of Finance, told a representative of the "North-China Daily News" that the Central Bank would purchase sterling and US. dollar abroad when fever the rales were favourable,
Text read from the printed page and cleaned; old type leaves the occasional error.