With regard to the Chinese silver situation, the Chinese Government's official denial that it is contemplating devaluation of the dollar appears to [Rave had a calming effect on specula—tors, though uncertainty regarding. the silver intentions of the United States Government is still a most disturbing factor.
The Chinese Government's remission of £86,049 to meet the drawings of the Crisp Loan has had an all-[round strengthening effect on Chinese loans. Even the Tientsin-Pukow Railway Joan, the "Cinderella" of Chinese loans, advanced to 32 to-day. China has seldom had so good press in England as she has now.
Text read from the printed page and cleaned; old type leaves the occasional error.