The Archive · 1927

China's Foreign Loans

According to cabled advices from London the payment of capital redemption and interest on Chinese Imperial Government 5 per cen Gold Loan of 1896, due on April 1, has been postponed. So far ne reason has been given for this unusual procedure. The loan itself was issued in 1896 for $16,000,000 by the Hongkong & Shanghai Banking Corporation in London, and by the Deutech Asiatische Bank in Berlin in equal portions and under identiea! terms. The Loan is redeemable within 96 years, the last redemption to take place in 1992. The capita' amount outstanding on March 31, 1997, was £4,186,400. Payment for drawn bonds (£731,500) and interest (£122,699) was due on sustains April Exchange Rates Hk. Tls. 7.26 a 149 Gat French Franes 17.13)

Reich Marks 2.82 Guilders 1.67 italian Lire 14.92)

Swiss Franes 3.48 Yen 1.38}

Rupees 1.84) Mex, $1.50)

Text read from the printed page and cleaned; old type leaves the occasional error.

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