Reserve Supervisory Committee for the month ended July 31, 1999, In accordance with the provisions of the rules and regulations, this committee is charged with the duty of making regular monthly examination of th records and relevant documents showing the amount of the credits extended In wel wah by the Joint Reserve Board of the Shanghai Bankers Association to its member-Danks and the classification and value of the assets deposited as collateral security. In a meeting duly assembled fon August 17, 1999, the committee carried out the first monthly amination as mentioned above, and. after having examined all the records fand relevant documents and certifi ates ina manner and to the extent which we considered appropriate, we box, to Feport on the position of the credits extended for the month ended Suly 31, 1030, as follow:
Text read from the printed page and cleaned; old type leaves the occasional error.