Sune 90, Mr. Manuel Fox. American expert of the China Stabilization Committee who "recently arrived "in, Shanghai from Chungking. was reported yester-, day' to have continued his conversations with officials of Chinese Government banks and of foreign Danks on Saturday, Mr. Fox's report on the conversations will be sent to the China Stabilization Committee for "reference.
'Although the Chinese government wants to stabilize the "black" or un~ foflleial foreign exchange market' in Shanghai Chinese reports state. goods destined for Shanghai will " not Teceive the favourable attention of Chinese authorities who, refuse to rant foreign exchange allotments in Such cases. The foundation of the, China Stabilization Committee is said" fo be firm since in addition to the American loan of U.S.$50,000.000 and the British Toan of 2.000.000 Chinese government" banks - themselves have invested U.S.$20.000,000, Youth Arrested
Text read from the printed page and cleaned; old type leaves the occasional error.