Show BUSINESS IN MANILA I Transactions Difficult Owing to the Change in Ratio of Money Manila Jan Numerous meetings of merchants and others have been held recently re-cently at which resolutions were passed urgently requesting Congressional action to meet the financial situation h rc Since tho ratio was officially changed January 1st for the first quarter of 1502 to bo fMO Mexican silver to one American gold dollar business transactions of any sort have become difficult The majority of tho businesshouses havo raised their prices 5 to 10 per cent and somo houses refuse to acceptany but rcuso American coin which Is difficult to ob tain pwlng to the vast speculative ship ments of coin during the past ow months Some banks rcfuso to recognize the Gov reeolnlzo ernment ratio and arcs llxinK their own ration at ono American gold dollar to two Mexican silver dollars The Govern ments American employees whose mla ries fro payable In Mexican dollars ob jcl to tho change owing to tho largo In crcaso In I prices Tho leading banks rcfuso to handle I Government checks hut because of fre quent lone delays over trilling Irregu larities The ppstnl authorities ref 50 to l ncqept Mexican dollars for American dol lara at any ratio to CommlHalonfcr l Jdc who has been In tho hospital suffering from dysentery Is go Ing to Japan on a two months leave |