The Archive · 1940

Chungking End Today Shortage of Banknotes

Now Remedied

Chungking, Sept. 8.

Beginning on Monday, September 9, banks will place no restrictions on withdrawals in bank-notes, it is officially announced.

In view of a shortage of bank-notes here, all banks have been restricting withdrawals in notes during the past fortnight, each person being allowed only $1,000 in notes per day. Additional amounts have been paid in k cheques.

Following the measures taken by banks, it announced that no is further restrictions on withdrawals in bank-notes will be necessary.

It is understood when some Government offices were evacuated from Chungking to the countryside, they carried away large quantities of bank-notes, thereby contributing to the teínporary shortage here—Reuter.

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

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