Although it was believed by Chinese banking citoles that the Japanese might have transported about $30, '000,000 or more Chinese Government bank notes from north China Shanghai in order to buy foreign jezchange, it was not thought. katy the long queues of people wai Ing outside the local branches of the Bank of Communications and Bank of China to have their notes exchanged into notes which do not bear ames of northern districts are part ofan organized move.
The reports that the Japanese had transported $30,000,000 Chinese notes bearing the name of the port of Tientsin to Shanghai to buy foreign exchange led many people to believe yesterday that the big crowds which Yhronged the two institutions must be organized and paid to go there to have northern notes exchanged but Chinese bankers did not think that way.
Tt was stated that as soon as they heard the report that the northern notes had been sent here they started restricting people to exchange notes bearing the characters of "Tientsin" and other northern notes. If the Japanese ever had succeeded Sending northern notes to Shanghai most of those notes must have been stored somewhere and could not be used for buying foreign exchange
Text read from the printed page and cleaned; old type leaves the occasional error.