The Native Bankers Association, Jat an urgent meeting, decided to! [notify all members that the exchange value of a Chinese dollar should be! six 20-cents dimes in silver with effect from that day and that this value should neither be increased! nor decreased. Many exchange [shops did business at a lower rate, however.
The Chinese Bankers Association also decided that no silver should be used in the execution of business and that the characters of national currency should be written on every do-cement. corded during the past month, In any appraisal of the market's near {erm prospects from a technical point of view much importance attaches whether or not the rail average is able fo confirm the recent strength of Industrials by breaking through the resistance level of around 37-38 which has checked for more than a yen all advances in this section. Should this be done, the outlook would -be for further general gains.
Text read from the printed page and cleaned; old type leaves the occasional error.