G.$10,000,900 for German Company The Shanghai office of the National City Company of New York have received of cable advising that they have floated in New York a 'G.$10,000,000 debenture issue for the German General Electric Ca, This is a 7 per cent. coupon bond Jand is due on January 15, 1024. The issue is being offered to the Public subject to allotment at 93-3/4, giving a maturity yield of about 7.6 er cent.
sinking fund is provided which will be sufficient to retire the entire ne by maturity at 105 plus ne-jemed interest. Bonds that are not retired through this sinking fund will be redeemed at maturity at 105 plus accrued interest, Owing to the fact that the German General Electric Ca, is one of the Inrgest and best. known companies manufacturing electrical equipment the issue should prove very attrac: tive to the investing public,
Text read from the printed page and cleaned; old type leaves the occasional error.