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Lot 884: Imperial Chinese Government (Hukuang Railways, Kuhlmann 230/231/233/234/235) [5 Stück]

Old Stocks and Bonds - Part 2

Platinum House

by HWPH Historisches Wertpapierhaus AG

April 22, 2013

Zorneding, Germany

Live Auction
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Description: a) 15 June 1911, 5 % Hukuang Railways Sinking Fund Gold Loan of 1911 for £ 20, #25612, rest of coupons, issued by Deutsch-Asiatische Bank; b) like a), only #2040, issued by Hongkong and Shanghai Banking Corporation in London; c) 15 June 1911, 5 % Hukuang Railways Sinking Fund Gold Loan of 1911 for £ 100, #88903, rest of coupons, issued by Deutsch-Asiatische Bank; d) like c), only #78392, issued by Hongkong and Shanghai Banking Corporation in London; e) like c), only #94062, issued by Banque de l'Indo-Chine in Paris.

a) 15.06.1911, 5 % Hukuang Railways Sinking Fund Gold Loan of 1911 über £ 20, #25612, KR, ausgegeben von der Deutsch-Asiatischen Bank; b) wie a), nur #2040, ausgegeben von der Hongkong and Shanghai Banking Corporation in London; c) 15.06.1911, 5 % Hukuang Railways Sinking Fund Gold Loan of 1911 über £ 100, #88903, KR, ausgegeben von der Deutsch-Asiatischen Bank; d) wie c), nur #78392, ausgegeben von der Hongkong and Shanghai Banking Corporation in London; e) wie c), nur #94062, ausgegeben von der Banque de l'Indo-Chine in Paris.

The bond had a volume of six million British pounds. It was issued by several banks: Hongkong & Shanghai Banking Corp., Banque de l'Indo-Chine, Deutsch-Asiatische Bank and US-Bank under the leadership of J.P. Morgan. The proceeds were used to pay back old debt and to build additional 1,124 miles of railroad track in the provinces of Hunan and Hupeh.

Die Anleihe im Volumen von sechs Millionen Pfund wurde von mehreren Banken platziert: Hongkong & Shanghai Banking Corp., Banque de l'Indo-Chine, Deutsch-Asiatische Bank sowie US-Banken unter Führung von J.P. Morgan. Zum einen wurden aus den erlösten Mitteln alte Schulden getilgt, zum anderen aber auch der Bau von weiteren 1.124 Meilen Eisenbahnnetz in den Provinzen Hunan und Hupeh finanziert.

Countries:
China

Region:
Asien
Country: China, Region: Asien

Condition Report: VF

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