pour lo Commerce et l'Industrie has received the French portion of the BOXER INDEMNITY for the period of July 1, 1938 to December 31, 1938 from the CHINESE MARITIME
CUSTOMS, and begs to inform the holders of the CHINESE REPUBLIC
5% 1925 GOLD DOLLAR BONDS, that coupon No. 28 as well as bonds drawn on December 1, 1938 will be payable on the basis of U.S.A. $1.25 per coupon and U.S.A. $50, per bond or its equivalent at the Bank's buying rate of D/D on New York at all the Branches of the said Bank, as well as at the offices of the BANCA
COMMERCIALE ITALIANA and the
TION, New York, from January 18,
Text read from the printed page and cleaned; old type leaves the occasional error.