Banks, the various markets including the cotton exchange, and even many public administrative offices and organizations in Shanghai were closed yesterday. Many of them will be closed for one day more, weaponing on July 3 following the declaration of a today holiday by all banks here, 'The banks' position as a whole is reported in Chinese Circles as firm and all Chinese commercial houses have passed the period. without difficulties, There have been no difficulties in obtaining cash among the banks since the surplus idle capital has caused them even to reduce interest. The Postal Savings Bank is an exception as far og ension of business is conceded. No holidays were declared by this bank but customers were requested to Fefrain from withdrawing deposits, for two days, Dominion Day Marked
Text read from the printed page and cleaned; old type leaves the occasional error.