Interport trade between Central and North China will be put on a permit basis, because of exchange control in North China, the journal continued. Nothing will be imported or exported into or out of North China without the permission of the government, as a result of the currency regulations, the paper predicted.
Limitations also will be placed on remittances of yen currency from Central China to North China, creating the same situation which now prevails in connection with yen remittances to Manchoukuo and Japan from Shanghai. am. and 10 am. yesterday. In ad dition to the suspects taken into custody, the police also seized one Unique automatic, three Mauser pistols and 36 rounds of ammunition.
The first raid was carried out at Lene 31, 161 Amoy Road by Detective Sub-Inspectors E. C. Watson J. D. Sortie and Detective-Sergeant G. Marsden, One male ahd one female were taken into custody.
This was followed by another raid at 572 Fokien Road where three meles and three females were arrested, and one at 435 Cheki Road, where no arrests were mad The last raid was carried out by D. S. L Sortie and D. S. Marsden at 64 Kuling Road where one male and one female were taken into custody. After questioning it is expected that the prisoners will appear in the First Special District Court on various charges of armed robbery China Regimes Arrange Commodities Exchange Peiping, Mar. 9.
The negotiations between the "Provisional" and "Reformed" governments for an exchange of coal produced in North China for rice grown in Central China have made considerable progress towards an agreement, says the Chinese press.
The coal and foodstuff readjustment committee of the local Ministry of Industries has been devising various measures to lower the prices of foodstuffs and coal As a fundamental remedy, it petitioned the authorities to effect an exchange between rice grown in Kiangsu and Chekiang and coal produced in North China.—Reuter.
ES
Text read from the printed page and cleaned; old type leaves the occasional error.