London, July 3.
The announcement to-day, that the Peninsular & Oriental S.N. Ca, is sell-
Shanghai, July 5.
The China Development Finance Corporation, founded by a number Jot principal Chinese banking Institutions and leading bankers and jing £1,500,000 worth of its holdings pound' tering: thrace inthe ne, Sears in the Stel Hrerday inthe Cantonal Bek vse? merchenia' was terrally Gory & Son, has crested wide inion Building. Welukiang' Row "A. loew and has subsidized Chinese Auntie "at the expense of ft feat strength characterized the upward only indifferently.
SLanghal, July 9, several issues while the others moved Messrs, Baring Bros. & Ca, Lid. the ramment residents visited the oft By courtesy of S. D. Wang & Ca. jest in financial and shipping circles. par oe oars. position an folt'the bennet of the' rise In sliver|Grinese, Government Bond Market rhe fast ree days of the week {r, t Bric Pal rat paeon eaietes one pence Sores 'A'spurely business concern, the from twelve to twenty pence. puntd the first week of July. With found the market unusually' strong In his article of last week, Sir Toreed de vcadity eenaanes, It Was land" forced up steadily day by day until active.
With speculators all [be offered ter the: tthe na setae (dncaelng wih "Soareene [MA i500) shat one sharon will {Corpora leuness cancer, the foreign Arthur Salter said he thought it 1 climbed more than four points for looking forward for heavy gains, four per cent. per annum. money of any commercial enterprise was to be regretted that China' buyers dominated the market and sent several issues. Transactions for the On the original £1 basis, the shar which offers suitable opportunity Influence had not been exercised week totalled 77,150,000. ugher every day to shatter new paid 15% per cent. for the past thre for investment. strongly, not for an artificial ap- On the first day's trading after the records continuously.—With most years.
The Corporation has a pald-uy preciation of silver, but for its|June settlement, the market main-issues having reached about "the 'The P. & O. retains 76,000 shares, capital of $10,000,000, Dr. H. H. Kung, limit, speculators turned their atten-Stability. tained a steady tone to gain by fair~ thus maintaining its long' association Minister of Finance, is chairman of He said China's interest entittea|1y. substantial" fractions" during the tion io 96 Millions which was boosted with Messrs. Cory & Son, but the fact|the board of directors, "Mr. T. V. her toa dominant influence in silver day, August quotations which off-so suddenly that on Saturday it went that it is ready to sell s0 valuable an Soong and "Mr, 'Tsuyee Pei, are polley. 'She escape' the world. des cially opened on that day followed up more than two points on one day lasset is generally held to be a good executive directors, while Mr. 'T. Lo pression in 1990 and 1991 because of the July figures upward to close From present indications, it would that the market is heading [Far East igury for shipping prospects to the Soong is the general manager of the new concern, Sliver Father strongly. The market though appear that the market is heading Fax Bast Gince the yen and sterling went quiet on the next day, June 20, con- {or 89 per rather difficult to Teach, is not at all cent. par which, thous: Although the directors of the Off, old silver hed been going wp] tinued to register fractional gains of Father fo reach, Jo not of atte and the position had been reversed {83 than half a point impossible. Int piznmning extensive skisbuaing eric]
Text read from the printed page and cleaned; old type leaves the occasional error.