London, Feb..10, Though no official confirmation was forthcoming in London to-day regarding the rumoured Hukuang. Railway bonds settlement, City circles were very pleased with the reported Hukuang issues this morning were dealt in around 64 "for undrawn bonds and 62% for drawn bonds, while the market was very firm, with only very little stock available, While an official announcement is atill believed to be imminent. some quarters are inclined to believe that the unotficiat reports represent feelers put out by the Chinese Government order to test the reaction.
More optimistic quarters are inclined to suggest that China has already made an agreement—with American interests, who hitherto were holding up negotiations by demand-ug better terms, especially in regard to arrears, than the other interests, Bulb, French and German, were wi accept, The fact that the Hukuang bonds are higher priced than Pukows, which were accorded similar terms. is attributed to the report that Hukuangs be given a lien on the Salt which is now regarded as excellent security.
'Moreover, the City. expresses pleasurable' surprise regarding the Dayment of five per cent $0 soon not expected that any sharp upward movement in the bonds will occur, even if the reports are true, bhut the majority of brokers look for a graduated appreciation as the investment qualities of Hukuangs begin to be appreciated—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.