London, May 2. One of the heaviest movements in Nanking, May 7.
The Ministry of Finance has announced the following articles, where by special privileges are accorded to the "Bank for International Settlements by the Chinese Government:—1=The assets of the Bank, whether time of war or peace, are not subfect to any restrictions, such as in= vestigation' or confiscation by the Government, nor is the Bank subject to restrictions concerning the export of gold and foreign currencies.
2—In the event of a difference of opinion between the Bank and the Chinese Government in connection with the execution of the above Article, the matter shall be submitted to a committee of arbitration, each arly appointing one member; and, Welther of the two members cannot agree in the choice of a chairman, the Chinese Government will recogni ise in this capacity a member nomina ated by the President of the Perman-fent Court of International Justice at The Hague—Reuter.
Shanghai, May 7.
A senior oficial of the Central Bank of China pointed out that, while he had received no instructions on the subject, it was evident—if the report were correct—that the arrangement made by the Bank for International Seitiements with all countries, whether they belonged to the gold bloc or were on another currency dard. Furthermore, it had no particular reference to China—Reuter. the history of silver was seen to-day London, May 3, The price of silver went up on the bullion market to-day as the white metal was queied at 33% pence for' spot and 38{y for forward marking an increase of a penny each way over yesterday's figure.
Tt is stated that the recovery was due to to-day's sudden drying up of offers coinciding with renewed buying from Bombay-—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.