Shanghai-Hangchow-Ningpo Completion Bonds Nanking, May 20, The Ministry of Railways, under the authorities of the National Government, has signed an agreement for {he Tague of six per cent. Shanghal-Hangchow-Ningpo Railway Completion Loan of £1,100,000 sterling with ayndieate composed of the British and Chinese Corporation and the China Development Finance Corpora tion.
"twill be recalled that in November an "agreement was. signed for of 8 $16,000,000 loan for the purpose between the same par ties, but in view of the stringency of the' money market at that time. the bonds could not be issued "at the stipulated price.
Tu these" circumstances, the execution of the loan. agreement was postponed. What the syndicate did then was to advance over $5,000,000 Which Wore used for the repayment fof the balance outstanding on the Dyes, varnishes Candies, resin, ete Books, mans, paper Hides. leather Net Exports Animal products 1.387 fides teather O29
Beans and peas 46 products 2
Dycatuts, vegetables 133 Fruits, pressrven Dad ie Loan' of 1008, and_ the. construction of the Chien fang River Bridge, view of the improved market is conditions abroad and. the improve. Ba ment of Chinese railway bonds in the market, and furthermore being desir~ ous of hastening. the completion. the Shanghai-Hangchow-Ningpo Rail-
Text read from the printed page and cleaned; old type leaves the occasional error.