'The recent easiness of' the Chinese dollar is ascribed here to the Chi nete Stabilization Fund's. unwilling ess (0 support the free market, not fo the inability of the Fund to do s0, since it doubtless retains large Fesources as a result of the recent United States credit, 'Negotiations are' proceeding to prevent sterling help to the Fund from feeding the Shanghai market, which is the main remaining loop. hole in the sterling exchange contro), Some quarters propose a Sino-British payments agreement, with the familiar special accounts, but giving Chinese sterling holders' more Tatitude than is usual elsewhere in view of the international complexity of the Shanghai market—Reuter, Chile Bans Copper Exports to Japan Tokyo, Mov. 21.
At the request of the United States [Government, Chile has banned the export of her copper to countries out side of the American continent, the Asahi" reports, The increase in the consumption of copper in the U.S, has been such that the American industry is suffering 'a shortage of 25,000 to 20,000 tons of the metal every month, the paper added, Mavana, Mar. 22.
The Cuban Legislature "has thorised a loan of $11,000,000 from the United States Import and Export. Bank to finance production of 400.000 tons of sugar for reserve—Reuter.
As the result of the arrangement between Santiago and—Washington, deliveries of Chilean copper to Japan have been suspended and the contracts cancelled the "Asahi" further reported—Havas Telomondial. la Hongkong &- Shanghai Banking Corporation Authorised Capital...
Tssued and: Fully. Pald-up Reserve Funds Sterling Mongkong "Currency Reserve Liability of Proprietors 11K $20,00,000
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