The Archive · 1937

Domestic Bonds China Commodities

Be Be ple BR Ba May bag "2569 gees HOB "iit cited "ar soy

nithSr, currency, May

'Tue additional capital. of $8,000,000 called for by fe China Cotton Trade Ca, in Shanghai was fully subscribed on' May 18, according to the Chinese press, that these plans were approved by the Central Political Commitice at ts 30th meeting, and their enforcement ordered by the National Gov-

'The capital of each company, Mr. Chin continued, "is fixed" at' $10 millions, divided into 100,000 shares fof $100" each, 'Twenty per cent. of the' capital of the two companies (amounting to $4 millions) will be eld by. te National. Reconstruction [Commission, while the rest has been {fully subscribed by private interests through the agency of the China Development "Finance Corporation, Tu accordance with a. resolution of the Central Political Committee at its 43rd meeting, the Finance Cor poration has also been entrusted with the organization of the two companies—Trans-Ocean,

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

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