The Archive · 1935

CHINA'S BULLION SHIPMENTS

Silver Imports Far Exceed Exports But Export of French interests, and Mr. Tse Tsokkal representing large banking interests, as members of the board of directors.

Drawing) and the 19th Year (1930) Customs Loan (7th Drawing) were held on Saturday, March 9, 1935 at 10am. at. the Shanghat Chinese Gold Exceeds Imports Imports from and Exports to oe Total Tmports He expressed his belief in, Shanghas future, observing that "nothing can stop a city of this size and importance" He acknowledged the gen-Neral uneasiness. prevailing at this time, but reminded that the city has [been enjoying relative prosperity during the past few years while every important city in" the world Struggled through almost insurmotntable difficulties in the way of trade depression and taxation problems.

Questioned directly on the matter of local real estate depreciation, an officer of the company informed a Fepresentative of the "North China Herald" that there was. little or no selling locally, and hence any statistics on depreciation must be Dased upon personal opinion. He related the present money situa tion, and declared that real estate was in no better and no worse a predicament than was any other line Bankers' Association. The proceedings were conducted under the supervision of the representatives of the Ministry of Audit, the Shanghai Chinese Bankers' Association, the Shani hat Native Bankers' Gull, the Shang-nai Chamber of Commerce. and. th [National Loan Sinking Fund Admin the Loan Department of the Sere ind were as follows:

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

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