$1,000,000 Sought on Basis of New Bond Issue Hankow, Feb. 15.
In order to carry out labour relief measures in the Mood-affected dis-{eiets in this province, the—Hupeh Provincial Government has decided secure a loan of $1,000,000 from local banking circles, Tearnea here to-day.
'The oan, it is understood, will be secured on' $2,000,000 worth of the Flood Relief Bonds alloted to Hupeh Province by the Central Government. The loan will bear a monthly.
9 per cent. and will be within 13. months.
'The banks from which the Hupeh Government expects to. obtain me Joan include Centret Bank of China, Bank of China, the Farmers' Bank China and Hupeh Provincial Bank. "central News.
Text read from the printed page and cleaned; old type leaves the occasional error.