Since August 28 the Chinese dollar has shown a. downward. trend once reaching us low as 5° in terms of US. currency on September 5, Sight Improvements were observed tater but the main feature of foreign exchange during the month was one of dawnward tendency. 'The average exchange rate of September in. terms on. 4. Ths 2 per cant Tower then in August SUL TSi per vent, higher than that ofthe. fs conpiete' week May when the rate way at is record [How position and prices soared us of the average ber of various week i listed. below:
ix thus seen that while the value the Chinese dollar during" the month was higher than during the first complete Week of Afay, "retail prices are much higher than" at that time." Siudy of the effects of foreign exchange on retail prices during the last ye months shows that prices rise immediately" whenever exchange drops. but_drop only. very" slightly wh the Chinese dollar strengthens, Recovery and subsequent, relapse er the first fall. in May in the exchange market have prod! more ti desirable effect on cost. of living than ithe exchange rate i stayed at the low hal, Oct. 1 the' American (St. Luke'
No. 2 shows that a re treated In the Wwonth, "786 these revolving free tention, This is some snddieation, alnable work being done by the hospital in the medieat care poor Chinese. Beds by the pital are seldom empty and. sini the the institution 18,000 patients wards, TANG patients being attended to; in the past. 33 months quitter of million refugees have Cishted this department of the hos+ pital oral number of tree hospital chas inthe tenth was 7.280, repre average of 95 percent 'MI the vend patients altogether in the course of the period under review, "Free operations the umber of 406. were performed, Chinese of ura. when portion the second floor of A746 attention etn was taken to Road" collapsed yesterday'
hospital bat her condition wats wot believed to be sermons
Text read from the printed page and cleaned; old type leaves the occasional error.