Feb, 25" his withdrawal from the brokerage firm of Messrs.
Wang & Ca, of which he has been partner since its inception.
S..D, Wang & Ca. are known for their reports of the Chinese Government domestic bond market which Mr, 'Moy' instituted" upon his organisation of the bond department in that company. These reports have done much to fai arise foreigners abroad with: thes charact Chinese domestic bonds and the market in which they are traded, 'Mr. Moy has been elected managing director of the Nan Mow Bond Brokerage Company and of its parent firm, the Nan, Mow Land Development, Agency' Company at 221" Szechuen Road, and take up. his new. posi to-
'a well established. business domestic bonds," Mr. Moy yesterday, "and' the bond reports will be continued under its name."
"Up to two years ago, Chinese @omestic bonds were very much of a mystery to the average foreign Me. Moy added, have seen since then thet intelligent knowledge of the usual advantages which these cellent, securities offer to the inves-for, foreigners have purchased them in increasing volume until T daresay the foreign holdings "are, twice what they were two years ago.
"As the Nan Mow organisation commands financial facilities which are being used to serve its clients, T look forward not only to a more i of foreign investments in Chinese domestic bonds,
Text read from the printed page and cleaned; old type leaves the occasional error.