The June coupon of the Hukuang Loan was paid on July 16, On July 15 the Ministry of Finance agreed to advance the sum necessary to meet the coupon, this one volume replaces an immense and unwieldy fling system, covering] all the facts which appear from day to day in Stock Exchange quotations and the published accounts of limited companies.
Chinese Government loans ar: apt to be somewhat of a puzzle even to those who invest in them and the clear statements here given. in concise form answer all those questions which we are alway: asking ourselfes, or being asked by others.
The chief interest of thie handbook centres on the vast amount of information given concerning public companies in China. This information falls under two main headings (1) details of capital, ete., directorates, and comparative " figures ing the working of the Com-six years; and (2) the highest and lowest market quotations of the stock for every month during 1928. Highest and lowest monthly rates ports and foreign exchange centres.
'Some small criticism may be aimed at the hardworking author for his remarks on company. procedure accounting methods. He is here treading on dangerous ground and departing somewhat from the inal purpose of the Handboo'. which, we venture to say, should confine itself to statistical information set forth in the intelligent 266) manner which makes the book so Activity in Rubber and Rise in Cottons During the Past Week A Quiet Spell in Greyhounds Rubber—The price of the raw material advanced considerably during the week, and at one time looked Tike touching 1/-, but fell away at the end of the week to 11d. U.S.A. keep their scrip at this price and take their interim dividend, Shanghai Wharves are again) stronger, buyers offering Tls. 179 with little or no result. 1 consumption figures for June Shanghai Togs ave also strong amounted to 42,800 tons, and stocks and wanted at Tls. 70 with few decreased by 5,100 tons for the coming out. month, These figures are now Shanghai Docks—As the Tls. 7.50 lessned by the US._ Government Survey Department. "Stocks in the dividend proposed Tls. 25 rex tum of capital has now been offici" United Kingdom decreased by 1,208 ally announced this stock hag tons and the forecast for the cur-attracted a number of investment rent week is an increase of 7,800 buyers. Although higher—prices tons, were done the market closed slightly Highest "Lowen July 33 easier with buyers at Tls. 140.50 cash, A few shares may come cub Sigepere i ath for July settlement after which we expect higher prices.
The share market has been very Omnibus have remained firm throughout the week anda steady with a small rise, but it is substantial rise was noted in most not easy to obtain shares, stocks. A drop in the price of rubber had no effect, buyers being just as free and sellers reserved. There is a distinct undercurrent of optimism and we think that expectations of a further rise of 3d. in the course of the next few months are Shanghai Trams have an under current of strength just inside Tls. 20, with a few sellers at this rate.
Shanghai Waterworks have ad= vanced further with buyers at Tis, 235. for registered. "A" and Tis, 240 for bearer The "B" and fully. justified,
Text read from the printed page and cleaned; old type leaves the occasional error.