The Archive · 1939

Mounts Y. 3,291,126

Shanghai, Oct. 3.

Increasing by Yuan 448,470.20 in the period from September 16 to Septem~ Ber 30, the total note circulation of ae the "Hua Hsing Commercial Bank {stood at Yuan 3,291,126.00 on Oct. 1, bank voficials announced yesterday. {Included in the amount was Yuan 20,900.60 in subsidiary notes, according to the officials.

Circulation reached a new high September 22, bank officials. said, when it amounted to Yuan 3,380,386. 180. The increase was attributed loans "in connection with the autumn silk cocoon crop. The collection of Maritime Customs duties in "Hua Hsing notes well as the collection. of munieipat rates in Nanking in that currency Wwere also increasing the demand for Hua' Hsing Commercial Bank notes, 4 it was stated, Japan Underwriters to

Text read from the printed page and cleaned; old type leaves the occasional error.

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