The Archive · 1938

Ban on National Notes

Peiping, May 26, The "Provisional Government" wilt shortly Issue orders to ban the cltulations atter June 10, of miscellaneous bank notes issued by 18 banks other than the Federal Reserve Bank. of China, 'Among the banks whose notes are to be banned are the Bank of China, Bank of Communications, the Cen* tral Bank of China, the China Industrial Bank, the Ta' Chung Bank, the Peiyang 'Trade Guarantee Bank, the 'South China Sen Bank, and' the (Ching "Agricultural Bank, Notes issued by the Bank of China and the Bank of Communications bearing as places of issue Tientsin, Tsingtao, Shantung, Chefoo, Lungkow and Weihaiwei will be allowed to Jcontinue, to elreulate after June 10.

Notes issued. by the East Hopel (Chi Tung) Bank will be allowed circulation for the time being, the bank authorities taking. measures to redeem thelt notes before the end of this year—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account