(China 4% per cent. 1908 drawn bonds will be repaid, bringing the service to date, has awakened interest the prospects of junior salt loans, declares the "Financial News" to-day.
"This issue, the journal says, has been in arrears in the redemption of drawn bonds since 1928, but only {£1,000,000 is outstanding. 'Therefore, the' position of the next ranking loan, namely, the ye per cent. 1912, 1s worth consideration. Interest ely it has been regularly maintained and the stock is an interesting speculative addition to the bond list.
Tt was stated that when the 1908 Issue Was up to, date, continues the Financial News" a start would be made in the 1913 drawn bonds, seven years of arrears in which will be cleared off by paying off the two-year drawings annually. "This loan within sight of becoming the frst effective charge on the entire salt Furthermore, the improving status of the 1912 loan favourably" affects the Hukuang issue, which, being direct line of succession, has distinetive prospects of appreciation,
Text read from the printed page and cleaned; old type leaves the occasional error.