May 12.
SHanGuar has performed what must be considered a distinctly interesting financial feat by raising in just over a fortnight four and three-quarter million taels in Municipal debentures. Within that time four issues of a million taels each have been placed on the market as well as one of a million dollars, and yesterday the lists closed for the last of them. The dates of the issues are worth bearing in mind, showing as they do the eagerness with which the public has poured forth its money As regards the tael issues the: e dates are Opened—_Closed ist Issue April 26 April 97 and Issue April 28 April 30 3rd Issue April 30 May 6 4th Issue May 7 May 10 The dates for the dollar luan are from April 26 to May IL. Obviously there has been ut one feature of the financial market during the past two weeks, and that has been the demand for eight per cent. debentures. It may be rash to conclude that the present loan has been so attractive
Text read from the printed page and cleaned; old type leaves the occasional error.