Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : HGRM--Any Followers? -- Ignore unavailable to you. Want to Upgrade?

To: Ted M who wrote (2810)	7/1/1999 12:41:00 PM
From: Jim Burnham	Respond to of 3576

Interesting news article... China To Issue New Currency BEIJING (AP) - China will issue a new series of yuan notes that are harder to counterfeit starting Oct. 1. The series will cover notes ranging from 100 yuan, worth about $12, to 10 jiao, worth just over one cent, the State Council, or Cabinet, said Thursday in an order carried by the official Xinhua News Agency. The new notes will carry the same value as those now in circulation and no businesses or individuals may refuse to accept the new notes. The 100-yuan note, the first of the new series to be printed, will be red and carry a picture of revolutionary leader Mao Tse-tung, Xinhua said. On the current blue-colored 100-yuan note, Mao and three other revolutionary veterans are grouped together in profile. While the 100-yuan note will be printed in October, the State Council did not say when the rest of the series will be issued. It also did not explain why the new notes would be more difficult to counterfeit. Counterfeiting is so rampant in China most shops carry small machines to check the validity of notes. In the latest of the sporadic police efforts to stop counterfeiting, seminars have been organized to teach the public to distinguish between real and fake notes.