085

COPY.

Extract from Scuth China Morning Post of 19th

October, 1910.

281

COMMENCEMENT OF THE MINTING OF SUBSIDIARY COINAGE.

The Canton mint or currency factory has, since

the 5th moon, stopped minting all coins and the expenditure for its pa upkeep has run short, all the surplus fund and odds and ends of metal left on the ground of the mint having all been exhausted during the last two months.

At present, on account of the tightness of the money market, the chief and assistant dérectos of the currency factory have telegraphed to the Board of Finance to ask for in- structions whether or not the minting of the twenty-cent subsidiary coins should be forthwith commenced for use and circulation to meet the demand of the market. Now the Board of Finance has sent tha them a telegram in reply allowing the minting to be commenced forth- with. All the officers, workmen, and coolies belonging to this currency factory have according to the board's directions proceeded this day to the factory to start work for coining the twenty-cant silver pieces.

BANK GUILD's CIRCULAR ON KWANGTUNG NOTES.

The public is hereby notified that owing to the tighness of the money market, caused by the Canton Yuen Fung Yun Bank being implicated by the failure of the Shanghai Yuen Fung Yun this guild yesterday received instructions from high authorities that large sums of money have been advanced from the Government fund and deposited with the different banks of this guild in order

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