The Archive · 1938

NEW BANK OF CHINA IN 'THE NORTH

Peiping, Feb. 23. The Federated Reserve Bank of China, newly established bank issue of North China, will start, busi ness on March 1, when other banks will suspend issuance of notes, it was understood to-day in Government Branches of the new bank will be opened in Tientsin, Tsingtao, Tsinan, and Shihchiachwang.

Three Japanese banks, the Yoko hama Specie Bank, the Bank of Korea, and the Japan Industrial Bank, which advanced funds for the capitalization of the new institution, will station liaison officials at its

Text read from the printed page and cleaned; old type leaves the occasional error.

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