The Archive · 1936

Hangchow, Dee. 14

More Railways Seek Loans

In accordance with the decision of its board of directors. the Cheklang-Kiangsi United Railway Corporation soliciting two loans. one amounting to $5,000,000, from' the Shanghai Bankisg Syndicate and the Czechoslovakian "Railway Supplies" Firm.

The proceeds of the former loan. it is reported, will be used to meet the engineering expenditure of the Hangchow-Yushan Section of the railway while the credit from the Czechoslovakian firm is In a way of a material loon—Central News.

Text read from the printed page and cleaned; old type leaves the occasional error.

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