Mr. Soong Is said to have conelud~ ed his programme and is to return fo China not later than mid-October. Through his efforts both in officio' and unofficial circles, he has secured Substantial support "financially and diplomatically.. There is also_a talk fof the revival of the Stabilization Fund Committee after Mr. Song's return, but the new Committee pos sibly with the participation of Ameri con Snanciers will study technical measures 30 as to avoid the short comings of the old one The same "reliable semi-ontetal" report stated that Dr. H. H. Kung, Finance Minister, is ready to resign his post owing to poor health in favour of Mr. Soong, who is most likely to accept the offer. In fact, there have been persistent report from time to time that Me, Soong will become Finance Minister Despite the release of this report owned by Dr.
Chungking, Sept. 19.
Chinese reports allege that Chinese holders of Bank of England notes have suffered losses ranging between eight and 20 per cent. as the result of the British Government's prohibition of the import of notes These reports state that when the Chinese holders presented the notes Shanghai and Hongkong, the banks fat the latter port charged varying Fates for insurance and freight, the highest being 20 per cent. and the lowest eight per cent.
Chinese authorities are taking the occasion to further warn the Chinese populace against hoarding foreign currencies in order to "avoid euch Chungking dollar and Government bonds in Hongkong failed to make any material "rise owing to prompt denial from oMleial quarters in Washington. In Hongkong, the Chungking dollar did jump one or two points, fand many speculators reaped' some
Text read from the printed page and cleaned; old type leaves the occasional error.