Writting Down Capital by 85 Per Cent.
Important changes in the capital holdings of the National Bank of China, the Commercial Bank of China, and' the Ningpo Commer-lal and Savings Bank, which were all banks of issue before Feney reform of 1935, were announced by "responsible quarters here March 7, The existing capital of al the three banks wilt be heavily written down 07189] by no less than 85 per cent, and the new capital in each case" will be:
The original capitalization of the National Industrial Banke was $3:507,- 000. "When written down by 85 pei cent, there will be left only a sum of $526,110, "and the Ministry of! Finance will provide the rest of the '$4,000,000, amounting to $3,473,000, Government shares inthe banking enterprise.
The existing capital of the Com:
Text read from the printed page and cleaned; old type leaves the occasional error.