Flotation of Bonds for $1,000,000
Suggested by Municipality Tt was reported some days ago that the Municipality of Greater Shanghai was contemplating raising a loan of a million dollars for the purpose of introducing a number of much needed municipal reforms.
Inquiries were on Sept. 13. made a representative of the North. China Daily News," who was in formed by Mr. O. K. Yui, secretary. to Gen, Chang Ting-fan," Mayor of Greater Shanghai, that this was simply under consi It was tone that the Mayor had such an intention but, when he submitted his proposal to the Nationalist Government in Nanking for sanction, he was asked to postpone it as possibly there were other means of obtaining the money.
Text read from the printed page and cleaned; old type leaves the occasional error.