Shanghai, Sept, 11.
The cash reserve of the Chinese government Banks has been increased By $100,000,000 as a result of the ying out the regulations governing the management of commercial banks recently enforced by Chungking, states the "Shun Pao." The enor byous sum of money thus received by the Government institutions is a sort of guarantee fund against large sums
banks.
mones deposited with the various This increase of the reserve fund will enable the Government banks Yo be ina much better position to control the currency. The exchange rate of Chinese currency is thus made more stabilized and it should give a lesson to those who have been buying foreign bank-notes. The report. asserts that those Chinese who kept British bank notes have suffered considerably as a result of the recent rulings from London restricting elrcelation of the notes in other coun-{ries to prevent them" from. being mede use of by the Naz
Text read from the printed page and cleaned; old type leaves the occasional error.