Mr. T. M. Hsi. general manager of the Banking Department of the Central Bank, said silver dollars in the possession' of all' institutions and Danks, including the three Government banks, were being taken over by the Currency Reserve Board without any premium whatever.
The report that notes of the Government banks were being exchanged fon the presentation of 60 per cent. silver and 40 per cent, other securi-les were in error, he said. for notes of the three banks were being given only on the presentation of silver, dollar for dollar.
Text read from the printed page and cleaned; old type leaves the occasional error.