Settlement The inter-bank clearance day which falls on to-day, the last day of October is expected by Chinese press cil cles to pass uneventfully as the financial position of the various Chinese banking and financial firms is said to be sound. This is said to be a good result of continued assistance accorded by the Joint Loan and Discount Committee of the four Chinese Government banks.
Only a few Chinese commercial, industrial and business houses have concluded new agreements with Chinese banks providing that only interest is to be paid to-day, the pay-. ment of loans having been postponed io six months later. Chinese banks are said to be willing to give further credits to native goods manufacturers.
Chinese banks here have bought $5,000,000 worth of the $600,000,000 military bond issued by Chungking. Half of the bond was subscribed already in June of this year and the subscription campaign of the other half was started early this month. Chinese banks here have just "ub scribed to the latter halt of the Kidnapped Abbot is
Text read from the printed page and cleaned; old type leaves the occasional error.