The
Reorganization Gold Loan of 1913 was for the capital sum of £25,000,000. The loan was authorized by Presidential Order of 22nd April, 1913 officially communicated by the Wai Chiao Pu to the Ministers in Peking of Great Britain, Germany, France, Russia, and Japan. (The Wai Chiao Pu was the Ministry of Foreign Affairs of the government of the Republic of China).
The newly appointed President of the Republic of China, Yuan Shih Kai initially approached Britain, France, Germany, and United States of America seeking a substantial loan to assist the fledgling government of the Republic of China. Later this group was expanded to include Japan and Russia, but eventually the U.S. withdrew from participation, leaving five countries which agreed to assist the Chinese Government with financial aid.
The principal financial institutions which participated in the loan arrangements were the Hongkong & Shanghai Banking Corporation, Deuthsch-Asiatiche Bank, Banque de l’Indo Chine, and Russian Asiatic Bank.
The Yokohama Specie Bank participated on behalf of Japan, but did not issue separate bonds, countersigned by the bank. Arrangements were made as to convertibility into Japnanese Yen of the bearer bonds issued to by other four issuing banks. The banks all received 6% commission for handling this loan and the capital amounts allocated to each bank together with bonds issued are detailed in the data below…..
Hongkong & Shanghai Banking Corp. £7,416,000
Deutsch-Asicatiche Bank £6,000,000
Banque de l”Indo-Chine £7,416,660
Russian Asiatic Bank £2,777,780
Russian Asiatic Bank (Belgium) £1,388,880
The purpose of the loan was to enable the new government of the Republic of China to meet financial liabilities inherited from the previous Chinese Imperial Government, for the reorganization of government institutions and to meet the administrative costs.
As an interesting footnote to this loan, Mr. M. E. Weatherall, who was a senior official of the Chinese Maritime Customs Service in 1921 was quoted in the publication “Wayfoong” as making the following observation.
“I believe that I am correct in saying that the greater part, if not all of the reorganization loan of 1913 was accounted for by statements and vouchers, but in actual fact very little of it was ever applied to the purposes for which it was lent. It disappeared mysteriously and nobody knows where it has gone.”
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A foreign antique stock and bond company.
*Source: Historic Foreign Bonds of China by John M. Thomson (2012)
Very unusual! Rare and Very Nice!
VALUE: Back in 1981, the most valuable collectible stock sold for $3,000. This same railroad stock signed by Commodore Cornelius Vanderbilt now sells for $12,000. Stocks currently sell for as much as $130,000. Compare this record price to other collectibles. Single coins have sold for over $4 Million. A stamp can sell in the Million dollar range. Autographs have sold for over a Million Dollars. One could conclude that quality collectible Stocks and Bonds represent very good value in today’s market.
When The Somme Ran Red by Captain A. Radclyffe Dugmore.
Collectible Hawaiian Bell Telephone
It is fair to say that many of our favorite foreign bonds are the Chinese bonds dating from the late 19th Century to the 1940’s. They are appealing for their fascinating history as well as their impressive graphics. Of course, there has also been much speculation in these bonds due to the hope or anticipation that China would someday pay these old debts. There is no question that prices have risen rather dramatically and excitement in this field has grown. The Chinese have become more and more interested in their heritage in the form of coins, paper money, and recently in stocks and bonds. Such new interest as well as other speculation is likely to cause prices to escalate further.
Queen Victoria - Banco de Londres Y Mexico Uncancelled Bearer Stock certificate for ten shares of $100 (pesos) each/1,000 Pesos, thus totaling $1000 (pesos). Known as the "Queen Victoria". The bank was one of only two Mexican national banks that was chartered to conduct business across state lines and was the second largest in the nation. 
Extremely rare Alaska Transportation and Development Company stock.
