The Archive · 1937

GOVERNMENT LOAN

AMORTIZATION

Drawing of Consolidated And Vu-ping Railway Bonds The fourth public drawing of Class D bonds of the 25th Year (1936) Consolidation Loan and the fifth drawing of the 23rd Year Vu-ping Railway Loan (1924) were held on November 10. in the premises of the Shanghai Bankers' Association.

The proceedings were conducted under the supervision of representatives of the Ministries of Audit and of Communications, the Shanghai Chinese Bankers' Association, the Shanghai Nstive Bankers' Guild, the Shanghai Chamber of Commerce, and the National Loans Sinking Fund Administrative Commission. Mr. C. S. Tao, Director of the Loan Department of the Ministry of Finance. officiated.

The terminal numbers drawn, the amount of principal to be redeemed and of interest to be paid were as follows:

Consolidation Loan, Class D bonds Terminal numbers 064, 120. 611, 846 and 940. Amount of principal to be redeemed $2,750,000; interest to be paid, $16,252,500 making a total of $19,002,500.

23rd Year Vu-ping Railway Loan—Terminal numbers, 13, 25, 56, 82 and 91. Amount of principal to be paid $600,000 and interest $288,000, making a total $888, Payment will be made in the case of the Vu-Ping Railway Loan on and from November 30, 1937. and of the Class D bonds of the Consolidation Loan on and from January 31, 1938. through any of the offices of the Central Bank of China, the Bank of China, and the Bank of Communications and the Central Trust of China throughout the country.—Kuo Min

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

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