(Incorporated in England)
Head Office: London Shanghai Office: 4 The Bund Subscribed Capital Paid-up Capital Reserve Fund £1,800,000
1,050,000
1,075,000
Disappointing factors include: farm equipments, with the unsatisfactory first half-year position of oils, which recently rescinded the gasoline price advances, and, to a lesser extent, residential building, despite the largest volume of May building contracts recorded since 1930. Chances of a broadening financing market grow better, and this ultimately usually leads to increased equity speculative interest.
We expect some discounting of the splendid May and June merchandising food and consumer goods group earnings, which will be appearing before the end of July. Index, adjusted for tre Branches throughout India, Ceylon, Malaya and in Hongkong and Mauritius.
Agencies in alt principal countries of the world.
Interest allowed on Local Currency Current Accounts 2% pa.
Text read from the printed page and cleaned; old type leaves the occasional error.