No losses were so far registered the silk' export trade, which re~ presents the most Important single item. While plain silk clothes have been Josinge ground Jately 10. rayon "Japan's "exports to" America, wse silk is more than. ever In nest probably one nol taking orders from Chungking, was buying gold in $3 large quantities.
The evening closing price of gold reh 21 was $5.158. The increase Foyistered "yesterday therefore mounted to more than $130. Many silver and gold ornament shops had to change their price plates twice yesterday because of the sudden changes In price. The frst price was, quoted at $525 per ounce but later it was changed into $535.
Most of the Chinese here use the price of gold as a gauge for prices of commodities and the increase. of price 1s always a matter of con-corn. To discourage gold and other speculation businesses in "Shanghai which are said to be at the root of, the financial problem here, it Is reported that Chungking is trying its utmost fo lure Chinese here to send their legal tender notes to. the interior under Chungking's control. No remittance foe will be charged.
On the ollier hand, remittances destined for" Shanghai, Foochow, Ningpo, Wenchow, Canton, Nanning, Swatow and other places where the Japanese influence is strong ate being carefully checked by Chungking officials. 'Money remitted to the above mentioned places must be used for buying necessaries and for sending $1,000 to Shanghai from Chungking' a Femittance fee of $50 will be charged, Chinese reports state,
Text read from the printed page and cleaned; old type leaves the occasional error.