The Archive · 1937

Bankers Underwrite North China Bonds

Tokyo, Aug. 12.

The Japanese banking syndics to-day voluntarily underwrite ¥.100,- '000,000 Worth of national bonds, sued to defray a part of the expenses caused by the North China incident. Originally, the Bank of Japan intended to offer the bonds to the general public. This was, however obviated by the syndicate's action, The secur-{Mies will be sold at ¥.00;50, will bear fan interest of 3.5 per cent, and will be due for redemption in eleven years—Domel

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

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