Before the establishment of the lization Fund Committee, emphasized, operations aiming at minimizing exchange fluctuation were conducted, beginning @ year ago, and ratifying' success was attained, The creation of a Committee, it is stated, both Improved the machiners fand strengthened the resources fable for such operations.
Chinese financial circles here state that there Is every. reason for the continuation of public confidence, to give greater ports, and to imposes essential for prosecuting the War, and reinforcing the oval Report Shanghai, June 1 the local exchange market opened with" sellers to merchants at Ute Merling and 12% USS.
"The Interbank market opened with sellers at 61! sterling and 12% USS.
business was done at and 1213 But with a heavy demand, rates declined to GY and 1214: on which basis support was forthcoming, Towards the close there was a strong seller at 37 al which some business was done.
Text read from the printed page and cleaned; old type leaves the occasional error.