'The assistance of foreign banks was sought by the Chinese judicial authorities in connection with the latter's inquiry"into two high Chinese oMelals' alleged speculative _maniulations of the cotton yarn exchange When Procurator Soong Keng-san of the First Special District Court visited on July 27 the Hongkong Shanghai Banking Corporation and the 'P. & 0, Banking. Corporation and examined certain documents, The two officials are Messrs, Wu Chi-ting and Sheng Shen-yi, director of the internal revenue ofice of the Finance Ministry and of the Kiangsu, Chekiang and "Anhwei Consolidated Tax Office respectively, who have appeared before the Procurator sev= feral times already for questioning. No decision has so far been given by the Procurator as to whether the evidence will justify legal proceed ings against the two oficial or other wise, Mr, Soong Keng-san; Procurator of the First Special District Court, has completed his investigations into the alleged speculative manipulations of cotton exchange by Messrs, Wu Chiting and Sheng Shell-yih, respective: ly' the director of the internal ro-venue office of the Finance Ministry, and of the Kiangsy, Chekiang and Anhwei Consolidated' Tax Ofce, and has announced that, for lack of suflcient evidence, no'legat proceedings will be instituted against either Mr, Wu or Mr, Sheng, Tsah Kung-fah, butcher, was sen tenced to four months! Imprisonment bbe the First District Court on July 28, being charged with using counterfeit seals of the SM.C. Health Depart ment regarding the quality of meat sold by him and further charged with selling at the Hongkew Market meat unfit for human consumption.
Text read from the printed page and cleaned; old type leaves the occasional error.