Hongkong, Sept, 1 Reports that a run was taking place fon Sincere's bank here this morning were vigorously denied to-day by officials of the institution, Tu an interview with' the United Press correspondent here, the officials declared there was no run and asserted that business was normal, The bankers said that the previous reports, issued by a local newspaper and a'news agency other than the United Press, were entirely without foundation—United Press, Ix order to complete the unfinished section of the Shanghal-Hangehow-Ningpo Railway, the Ministry of Railways has negotiated a loan of '$8,000,000 from the British & Chinese Corporation and another $8,000,000 from the China Reconstruction Finance Corporation. Bonds will be Issued at the beginning of next year.
Text read from the printed page and cleaned; old type leaves the occasional error.