With reference to the recent issue of Tls. 1,000,000 five per cent, de bentures at 95 by the Shanghai Land Investment Ca, Ltd, as nounced by us lest week, it should be pointed out that this' is part of total issue of Tls. 5,009,000 of such debentures which has deen authorized.
The Tis, 1,000,000 was under" written by. Messrs, Benjamin" Petts and Messrs, Swan, Culbertsoa Fritz, and this amount has been fully placed with subscribers to the issue.
'The position as regards the bal unco of the series is that it is not the intention of the Land Investment Ca, to make any further issue debentures until the requirement fof the company' call for such,
Text read from the printed page and cleaned; old type leaves the occasional error.