The establishment of the new [Central Reserve Bank in Nanking on January 6, and in Shanghai on January 20, had little serious effect on {the Shanghai Exchange Market, but cannot be gain said that the estab-Hishment of this Bank, coupled with the existing currency' situation North' China, has. made for" un-
Jeasiness since'it Is feared that further measures may follow. All the leading banking interests in the Far East lay stress on the importance of the con-innation of the existing free market Jat Shanghai. Any rash ection, preelpirating its closure or tending to its Festrietion, whether from Chungking Jor Nanking, might result in unfortun-te reaetlonis not only in Shanghai it-it but also in China generally,
Text read from the printed page and cleaned; old type leaves the occasional error.