Notes for 1931-1940

Things that are interesting

1) 	Come to this part of series, there are alot of information stated in the stock quotes data, like the highest/lowest sales for present/previous years, the closing quotes for last week
	and present week etc

2)	Also for the first time, US$ is stated explictly as denomination of one of the shares. Eg: Asia Life Insurance Co., Ld (1940-18AG)

3)	In 1931 and 1932, denomination of all shares quotes was explictly stated an from 1933 onwards, quotation was in Chinese
	dollars which had a one-for-one exchange rate with Mexican dollar unless otherwise stated. So i 1933, $ equals Chinese dollars.
	
4) 	It's interesting to note that in the year 1939, 3 out of the 4 shipping companies give out huge dividends from the lowest $3 ( Wheelock & Co., Ltd (1939-35AR) to
	the highest $10 (Shanghai & H'kew Wharf Co. (1939-34AR)). Even New England and Shipbuilding Works, Ld (ordinary)'s dividend of $0.35 (1939-342AR) is considered
	quite high, given its low paid-up


5)	In 1936, there are more activities in the rubber stocks than in 1935, evident from (1936BK) vs (1935BO), and probabl this may be the reason why in 1936, many
	plantation companies are giivng 2nd or even 3rd interim.
	Eg: Anglo-Dutch (Java) Plantations, Ld (1936-97AR), Batu Annam (Johore) Rubber Estate, Ld (1936-100AR)
	Anglo-Java Estates, Ld (1936-98AR), Bute Plantations (1913), Ld (1936-101AR), Ziangbe Rubber Co., Ld (1936-132AR)

6)	Towards the middle part of this period,  more and more of the companies are changing their denomination of their shares 
	from Taels to Chinese dollars.
	Tienstin in 1934 (1934-36AP), Shanghai Cototn Manufacturing in 1934 (1934-72AP), Millington, Ltd (1934-93AP)

7)	It's interesting to note that  the highest prices for year 1935 for the plantation stocks are obtained in the last 3 
	months. On the other hand, all the lowest business done in 1933 are all in the first 3 months of the 
	year 1933.


8)	Also during this period of time, we have quite a number of companies that have Fed., Inc U.S.A, especially for the banks
	and the land sector. Probably then there is a trend of incorporated in USA, or for US firms to be listed on the Chinese
	markets. Eg of such comapnies are

	Amer. Oriental Finance Corp. Fed., Inc U.S.A "B"
	Ch. Finance Corp., Fed. Inc U.S.A
	China Bond & Share Co., Fed Inc., U.S.A
	American-Asiatic Underwriteres, Fed. Inc., USA
	China Realty Co., Fed. Inc. U.S.A
	Asia Realty Co., Fed . Inc., U.S.A "A" (ordinary)
	Realty Investment Co., Fed. Inc. U.S.A (B)




Change in capitalization

1)	Amer. Oriental Finance Corp. Fed., Inc U.S.A "A"
	1933: No of authorised shares 200000 (1933-7AK), Issued no of shares: 121790 (1933-7AL), Paid-up Value: $20 (1933-7AM)
	1932: No of authorised shares 2000000 (1932-9AT), Issued no of shares: 121790 (1932-9AU), Paid-up Value: M$20 (1932-9AV)
	1931: No of authorised shares 40000 (1931-9AT), Issued no of shares: 25485 (1931-9AU), Paid-up Value: M$100 (1931-9AV)

(P.S: In 1932, there are 2,000000 authorised shares, but in 1933 it's so much less than that- can there be a mistake in 1932?)
	
	Amer. Oriental Finance Corp. Fed., Inc U.S.A "B"
	1932: No of authorised shares 100000 (1932-10AT), Issued no of shares: 93817 (1932-10AU), Paid-up Value: M$20 (1932-10AV)
	1931: No of authorised shares 50000 (1931-10AT), Issued no of shares: 50000 (1931-10AU), Paid-up Value: M$20 (1931-10AV)

	Amer. Oriental Finance Corp. Fed., Inc U.S.A 
	1930: No of authorised shares 80000 (1930-8N), Issued no of shares: 20457 (1930-8O), Paid-up Value: M$100 (1930-8P)

2)	Asia Life Insurance Co., Ld
	1933: No of authorised shares 10000 (1933-19AK), Issued no of shares: 40000 (1933-19AL), Paid-up Value:G$5(1933-20AM)
	1931: No of authorised shares 10000 (1931-20AT), Issued no of shares: 30000 (1931-20AU), Paid-up Value:G$5(1931-20AV)
	1930: No of authorised shares 6000 (1930-40N), Issued no of shares:1000(1930-40O), Paid-up Value: G$100 (1930-40P)

3)	Shanghai Land Investment Co., Ld
	1937:  No of authorised shares 2386800 (1937-29AL), Issued no of shares:2386800 (1937-29AM), Paid-up Value: 5Taels (1937-29AN)
	1931: No of authorised shares 1404000(1931-26AT), Issued no of shares: 1404000 (1931-26AU), Paid-up Value:5Taels (1931-26AV)
	1930: No of authorised shares 140400 (1930-51N), Issued no of shares:140400 (1930-51O), Paid-up Value: 50Taels (1930-51P)

4)	Anglo-French Land Invest Co., Ld
	1931: No of authorised shares 25000(1931-27AT), Issued no of shares: 19335 (1931-27AU), Paid-up Value:100Taels (1931-27AV)
	1930: No of authorised shares 25000 (1930-56N), Issued no of shares: 20000 (1930-56O), Paid-up Value: 100Taels (1930-56P)

5)	Asia Realty Co., Fed . Inc., U.S.A "A" (ordinary)
	1932: No of authorised shares 20000(1932-31AT), Issued no of shares: 15904 (1931-31AU), Paid-up Value:M$100 (1932-31AV)
	1931: No of authorised shares 20000(1931-30AT), Issued no of shares: 15882 (1931-30AU), Paid-up Value:M$100 (1931-30AV)
	1930: No of authorised shares 20000 (1930-60N), Issued no of shares: 15093 (1930-60O), Paid-up Value: M$100 (1930-60P)

	Asia Realty Co., Fed . Inc., U.S.A "B"
	1932: No of authorised shares 150000(1932-32AT), Issued no of shares: 53811 (1932-32AU), Paid-up Value:M$100 (1932-32AV)
	1931: No of authorised shares 150000(1931-31AT), Issued no of shares: 52420 (1931-31AU), Paid-up Value:M$20 (1931-31AV)
	1930: No of authorised shares 150000 (1930-61N), Issued no of shares: 25000(1930-61O), Paid-up Value: M$20 (1930-61P)

	Asia Realty Co., Fed . Inc., U.S.A ("A" preference)
	1934: No of authorised shares 10000(1934-57AQ), Issued no of shares: 10000 (1934-57AR), Paid-up Value: $100 (1934-57AS)
	1933: No of authorised shares 10000(1933-57AK), Issued no of shares: 6700 (1933-57AL), Paid-up Value: $100 (1933-57AM)
	1931: No of authorised shares 10000(1931-32AT), Issued no of shares: 10000 (1931-32AU), Paid-up Value:M$100 (1931-32AV)
	1930: No of authorised shares 10000 (1930-62N), Issued no of shares: 1000 (1930-62O), Paid-up Value: M$100 (1930-62P)

	Asia Realty Co., Fed . Inc., U.S.A ("B" preference)
	1934: No of authorised shares 60000(1934-58AQ), Issued no of shares: 16752 (1934-58AR), Paid-up Value: $100 (1934-58AS)
	1933: No of authorised shares 60000(1933-58AK), Issued no of shares: 16760 (1933-58AL), Paid-up Value: $100 (1933-58AM)
	1932: No of authorised shares 50000(1932-34AT), Issued no of shares: 16602 (1932-34AU), Paid-up Value: M$100 (1932-34AV)
	1931: No of authorised shares 50000(1931-33AT), Issued no of shares: 7506 (1931-33AU), Paid-up Value:M$100 (1931-33AV)
	
6)	China Realty Co., Fed. Inc. U.S.A
	1940: No of authorised shares 1250000 (1940-25AK), Issued no of shares:1236237 (1940-25AL), Paid-up Value: $10 (1940-25AM)
	1932: No of authorised shares 800000 (1932-35AT), Issued no of shares: 500000 (1932-35AU), Paid-up Value: 10Taels (1932-35AV)
	1931: No of authorised shares 500000 (1931-34AT), Issued no of shares: 500000 (1931-34AU), Paid-up Value:10Taels (1931-34AV)
	1930: No of authorised shares 200000 (1930-63N), Issued no of shares:200000 (1930-63O), Paid-up Value:10Taels (1930-63P)

7)	Shanghai & H'kew Wharf Co.
	1932: No of authorised shares 80000 (1932-51AT), Issued no of shares: 50000 (1932-51AU), Paid-up Value:100Taels (1932-51AV)
	1931: No of authorised shares 40000 (1931-47AT), Issued no of shares: 40000 (1931-47AU), Paid-up Value:100Taels (1931-47AV)
	1930: No of authorised shares 40000 (1930-30N), Issued no of shares:36000 (1930-30O), Paid-up Value:100Taels (1930-30P)

8)	Shanghai Gas Co., Ld
	1937: No of authorised shares 700000 (1937-38AL), Issued no of shares: 420700 (1937-38AM), Paid-up Value: $10 (1937-38AN)
	1935: No of authorised shares 700000 (1935-45AR), Issued no of shares: 560000 (1935-45AS), Paid-up Value: $10 (1935-45AT)
	1931: No of authorised shares 50000 (1931-52AT), Issued no of shares: 40000 (1931-52AU), Paid-up Value:50Taels (1931-52AV)
	1930: No of authorised shares 50000 (1930-124N), Issued no of shares:36000 (1930-124O), Paid-up Value:50Taels (1930-124P)

9)	Shanghai Power Co. Tls 6 cum Pref stock
	1931: No of authorised shares 230000 (1931-53AT), Issued no of shares: 220000 (1931-53AU), Paid-up Value:100Taels (1931-53AV)
	1930: No of authorised shares 200000 (1930-140N), Issued no of shares: 200000 (1930-140O), Paid-up Value:100Taels (1930-140P)

10)	General Forge Products (1929), Ld
	1932: No of authorised shares 200000 (1932-73AT), Issued no of shares: 114840 (1932-73AU), Paid-up Value:5Taels (1932-73AV)
	1931: No of authorised shares 200000 (1931-68AT), Issued no of shares: 114978 (1931-68AU), Paid-up Value:5Taels (1931-68AV)
	1930: No of authorised shares 200000 (1930-138N), Issued no of shares: 100000 (1930-138O), Paid-up Value:5Taels (1930-138P)

11)	China Aerocrete Co., Ltd
	1931: No of authorised shares 200000 (1931-69AT), Issued no of shares:20000( 1931-69AU), Paid-up Value: 10Taels (1931-69AV)
	1930: No of authorised shares 200000 (1930-139N), Issued no of shares:15800 (1930-139O), Paid-up Value: 10Taels (1930-139P)

12)	Culty Dairy Co., Ltd
	1933: No of authorised shares 40000 (1933-79AK), Issued no of shares: 40000 (1933-79AL), Paid-up Value:10Taels (1933-79AM)
	1932: No of authorised shares 20000 (1932-84AT), Issued no of shares: 19363 (1932-84AU), Paid-up Value:10Taels (1932-84AV)
	1931: No of authorised shares 20000 (1931-79AT), Issued no of shares:20000 (1931-79AU), Paid-up Value: 10Taels (1931-79AV)
	1930: No of authorised shares 10000 (1930-129N), Issued no of shares:10000 (1930-129O), Paid-up Value: 10Taels (1930-129P)

13)	Asia Life Insurance Co., Ld
	1940: No of authorised shares 100000 (1940-18AK), Issued no of shares:40000 (1940-18AL), Paid-up Value: US$5 (1940-18AM)
	1939: No of authorised shares 100000 (1939-17AD), Issued no of shares:40000 (1939-17AE), Paid-up Value: G$5 (1939-17AF)

14)	Wheelock & Co., Ltd
	1940: No of authorised shares 1000000 (1940-35AK), Issued no of shares:478720 (1940-35AL), Paid-up Value: 10Taels (1940-35AM)
	1939: No of authorised shares 1000000 (1939-35AL), Issued no of shares:239356 (1939-35AM), Paid-up Value: 10Taels (1939-35AN)
	1938: No of authorised shares 1000000 (1938-35AN), Issued no of shares:217602 (1938-35AO), Paid-up Value: 10Taels (1938-35AP)
	1937: No of authorised shares 1000000 (1937-35AL), Issued no of shares:217532 (1937-35AM), Paid-up Value: 10Taels (1937-35AN)
	1936: No of authorised shares 1000000 (1936-41AL), Issued no of shares:215432 (1936-41AM), Paid-up Value: 10Taels (1936-41AN)
	1934: No of authorised shares 1000000 (1934-44AQ), Issued no of shares:215172 (1934-44AR), Paid-up Value: 10Taels (1934-44AS)
	1933: No of authorised shares 1000000 (1933-44AK), Issued no of shares:208967 (1933-44AL), Paid-up Value: 10Taels (1933-44AM)

15)	Tung Yih Spinning & Weaving Co., Ltd
	1940: No of authorised shares 400000 (1940-61AK), Issued no of shares:255000 (1940-61AL), Paid-up Value: $10 (1940-61AM)
	1939: No of authorised shares 170000 (1939-59AL), Issued no of shares:170000 (1939-59AM), Paid-up Value: 10Taels (1939-59AN)

16)	Zoong Sing Cotton Mills, Ld
	1940: No of authorised shares 200000 (1940-62AK), Issued no of shares:150000 (1940-62AL), Paid-up Value: $10 (1940-62AM)
	1939: No of authorised shares 200000 (1939-60AL), Issued no of shares:150000 (1939-60AM), Paid-up Value: 10Taels (1939-60AN)

17)	International Assurance Co., Ltd
	1939: No of authorised shares 933333 (1939-19AL), Issued no of shares:280000 (1939-19AM), Paid-up Value:0.10pounds (1939-19AN)
	1938: No of authorised shares 2000000 (1938-19AN), Issued no of shares:600000 (1938-19AO), Paid-up Value: 5Taels (1938-19AP)

18)	New England and Shipbuilding Works, Ld (ordinary)
	1939: No of authorised shares 500000 (1939-32AL), Issued no of shares:494351 (1939-32AM), Paid-up Value:5 Taels( 1939-32AN)
	1938: No of authorised shares 500000 (1938-32AN), Issued no of shares:300000 (1938-32AO), Paid-up Value: 5Taels (1938-32AP)

	New England and Shipbuilding Works, Ld (Preference)
	1939: No of authorised shares 500000 (1939-51AL), Issued no of shares:144500 (1939-51AM), Paid-up Value:5 Taels( 1939-51AN)
	1938: No of authorised shares 500000 (1938-51AN), Issued no of shares:300000 (1938-51AO), Paid-up Value: 5Taels (1938-51AP)


19)	Shanghai Telephone Company
	1939: No of authorised shares 1200000 (1939-39AL), Issued no of shares: 1151420 (1939-39AM), Paid-up Value: $10 (1939-39AN)
	1938: No of authorised shares 400000 (1938-39AN), Issued no of shares:115142 (1938-39AO), Paid-up Value: 50Taels (1938-39AP)

20)	Ewo Cotton Sp. & W. Co., Ld 
	1939: No of authorised shares 2000000 (1939-57AL), Issued no of shares:1350000 (1939-57AM), Paid-up Value:5 Taels( 1939-57AN)
	1937: No of authorised shares 2000000 (1937-57AL), Issued no of shares:1200000 (1937-57AM), Paid-up Value: 5Taels (1937-57AN)
	1933: No of authorised shares 2000000 (1933-70AK), Issued no of shares: 1000000  (1933-70AL), Paid-up Value: 5Taels (1933-70AM)
	1932: No of authorised shares 1000000 (1932-66AT), Issued no of shares: 1000000  (1932-66AU), Paid-up Value: 5Taels (1932-66AV)

21)	Shanghai Exploration & Development Co., Ld
	1939: No of authorised shares 1200000 (1939-78AL), Issued no of shares: 716701 (1939-78AM), Paid-up Value:2.5 Taels( 1939-78AN)
	1933: No of authorised shares 600000 (1933-91AK), Issued no of shares:597251 (1933-91AL), Paid-up Value: 2.5Taels (1933-91AM)
	1932: No of authorised shares 600000 (1932-72AT), Issued no of shares: 597251  (1932-72AU), Paid-up Value: 5Taels (1932-72AV)

22)	Chemor United Rubber Co., Ld
	1939: No of authorised shares 1200000 (1939-89AL), Issued no of shares: 956804 (1939-89AM), Paid-up Value:0.1 Taels( 1939-89AN)
	1938: No of authorised shares 1200000 (1938-89AN), Issued no of shares: 956747 (1938-89AO), Paid-up Value:0.1Taels (1938-89AP)
	1937: No of authorised shares 1356747 (1937-89AL), Issued no of shares: 956747  (1937-89AM), Paid-up Value: 0.1Taels (1937-89AN)
	1932: No of authorised shares 1200000 (1936-106AT),Issued no of shares: 800000  (1936-102AU), Paid-up Value: 0.1Taels (1936-106AV)
	1931: No of authorised shares 400000 (1931-98AT), Issued no of shares: 400000 (1931-98AU), Paid-up Value: 0.9Taels (1931-98AV)

23)	Shanghai-Malay Rubber Estates, Ld (Preference)
	1939: No of authorised shares 30000 (1939-109AL), Issued no of shares: 27380 (1939-109AM), Paid-up Value:10 Taels( 1939-109AN)
	1938: No of authorised shares 30000 (1938-109AN), Issued no of shares: 7380  (1938-109AO), Paid-up Value: 10Taels (1938-109AP)
	1937: No of authorised shares 30000 (1937-109AL), Issued no of shares: 27380  (1937-109AM), Paid-up Value: 10Taels (1937-109AN)

	
24)	China Bond & Share Co., Fed Inc., U.S.A
	1938: No of authorised shares 200000 (1938-8AN), Issued no of shares: 120000  (1938-8AO), Paid-up Value: $10 (1938-8AP)
	1937: No of authorised shares 200000 (1937-8AL), Issued no of shares: 100000  (1937-8AM), Paid-up Value: $10 (1937-8AN)

25)	Shanghai Dock & Engineering Co., Ld
	1938: No of authorised shares 55700 (1938-33AN), Issued no of shares: 55200  (1938-33AO), Paid-up Value: 25Taels (1938-33AP)
	1937: No of authorised shares 55700 (1937-33AL), Issued no of shares: 55200  (1937-33AM), Paid-up Value: 50Taels (1937-33AN)

26)	Chosen Corporation, Ltd
	1938: No of authorised shares 750000 (1938-66AN), Issued no of shares: 725000  (1938-66AO), Paid-up Value: 1pounds (1938-66AP)
	1937: No of authorised shares 750000 (1937-66AL), Issued no of shares: 575000  (1937-66AM), Paid-up Value: 1pounds (1937-66AN)
	1936: No of authorised shares 750000 (1936-78AL), Issued no of shares: 500000 (1936-78AM), Paid-up Value: 1pounds (1936-78AN)


27)	Consolidated Rubber Estates (1914), Ld
	1938: No of authorised shares 500000 (1938-91AN), Issued no of shares:484837  (1938-91AO), Paid-up Value: 0.2pounds (1938-91AP)
	1936: No of authorised shares 500000 (1936-104AL), Issued no of shares: 484837(1936-104AM), Paid-up Value: 0.75Taels (1936-104AN)
	1935: No of authorised shares 500000 (1935-107AR), Issued no of shares: 481837(1935-107AS), Paid-up Value: 0.75Taels (1935-107AT)


28)	Union In. Society of Canton Limited
	1937: No of authorised shares 200000 (1937-20AL), Issued no of shares: 135000 (1937-20AM), Paid-up Value: 6pounds (1937-20AN)
	1936: No of authorised shares 200000 (1936-20AK), Issued no of shares: 135000 (1936-20AL), Paid-up Value: 4pounds (1936-20AM)

29)	China General Omnibus Co., Ld
	1937: No of authorised shares 500000(1937-37AL), Issued no of shares: 200000 (1937-37AM), Paid-up Value: 10Taels (1937-37AN)
	1933: No of authorised shares 200000 (1933-46AK), Issued no of shares: 200000 (1933-46AL), Paid-up Value: 10Taels (1933-46AM)
	1932: No of authorised shares 100000 (1932-55AT), Issued no of shares: 100000 (1932-55AU), Paid-up Value: 10Taels (1932-55AV)	
	
30)	Rubber Trust, Ltd
	1937: No of authorised shares 25000000 (1937-102AL), Issued no of shares: 1082000 (1937-102AM), Paid-up Value: 1Taels (1937-102AN)
	1936: No of authorised shares 25000000 (1934-115AL), Issued no of shares: 541000 (1934-115AM), Paid-up Value: 1Taels (1934-115AN)
	1932: No of authorised shares 25000000 (1932-123AT), Issued no of shares: 540497 (1932-123AU), Paid-up Value: 1Taels (1932-123AV)	
	1931: No of authorised shares 25000000 (1931-114AT), Issued no of shares: 272700 (1931-114AU), Paid-up Value: 1Taels (1931-114AV)


31)	Auto Palace Co., Ltd
	1937: No of authorised shares 150000 (1937-61AL), Issued no of shares: 118500 (1937-61AM), Paid-up Value: $8 (1937-61AN)
	1936: No of authorised shares 150000 (1936-71AL), Issued no of shares:115000 (1936-71AM), Paid-up Value: 10Taels (1936-71AN)

32)	Bakerite Co., Fed. Inc. U.S.A "B"
	1937: No of authorised shares 50000 (1937-62AL), Issued no of shares: 49703 (1937-62AM), Paid-up Value: $10 (1937-61AN)
	1936: No of authorised shares 50000 (1936-72AL), Issued no of shares: 49912 (1936-72AM), Paid-up Value: $10 (1936-72AN)
	1935: No of authorised shares 50000 (1935-75AR), Issued no of shares: 49980 (1935- 75AS), Paid-up Value:$10 (1935-75AT)
	1933: No of authorised shares 50000 (1933-75AK), Issued no of shares: 50000 (1933-75AL), Paid-up Value:$10 (1933-75AM)
	1932: No of authorised shares 50000 (1932-85AT), Issued no of shares: 17945 (1932-85AU), Paid-up Value:M$10 (1932-85AV)
	


	
33)	China Import & Export Lumber Co., Ld
	1937: No of authorised shares 500000 (1937-64AL), Issued no of shares: 231803 (1937-64AM), Paid-up Value: 10Taels (1937-64AN)
	1936: No of authorised shares 500000 (1936-76AL), Issued no of shares: 231518 (1936-76AM), Paid-up Value: 10Taels(1936-76AN)
	1935: No of authorised shares 500000 (1935-79AR), Issued no of shares: 216000 (1935- 79AS), Paid-up Value: 10Taels (1935-79AT)
	1934: No of authorised shares 500000 (1934-81AQ), Issued no of shares: 200000 (1934-81AR), Paid-up Value: 10Taels (1934-81AS)
	

34)	Realty Investment Co., Fed. Inc. U.S.A (Pref "A")
	1936: No of authorised shares 400000 (1936-60AL), Issued no of shares: 106238 (1936-60AM), Paid-up Value: $5  (1936-60AN)
	1934: No of authorised shares 400000 (1934-65AQ), Issued no of shares: 104612 (1934- 65AR), Paid-up Value:$5 (1934-65AS)
	1933: No of authorised shares 400000 (1933-64AK), Issued no of shares: 35868 (1933- 64AL), Paid-up Value:$5 (1933-64AM)
	1932: No of authorised shares 400000 (1932-40AT), Issued no of shares: 24044 (1933- 40AU), Paid-up Value:M$5 (1933-40AV)

35)	Hongkong & Shanghai Hotels., Ld
	1936: No of authorised shares 1500000 (1936-84AL), Issued no of shares: 1193867 (1936-84AM), Paid-up Value: Hkg$7.5(1936-84AN)
	1933: No of authorised shares 1500000 (1933-85AK), Issued no of shares: 1193867 (1933- 85AL), Paid-up Value: Hkg$10 (1933-85AM)
	1932: No of authorised shares 1000000 (1932-82AT), Issued no of shares: 1000000 (1932- 82AU), Paid-up Value: Hkg$10 (1932-82AV)

36)	Permata Rubber Estates, Ld
	1936: No of authorised shares 350000 (1936-113AL), Issued no of shares: 317219 (1936-113AM), Paid-up Value: $1 (1936-113AN)
	1933: No of authorised shares 50000 (1933-115AK), Issued no of shares:  45317 (1933- 115AL), Paid-up Value: 5Taels (1933-115AM)
	
37)	Union Mobiliere 
	1935: No of authorised shares 100000 (1935-12AR), Issued no of shares: 100000 (1935-12AS), Paid-up Value: $20 (1935-12AT)
	1934: No of authorised shares 50000 (1934-14AQ), Issued no of shares:  50000 (1934- 14AR), Paid-up Value: $20 (1934-14AS)


38)	Realty Investment Co., Fed. Inc. U.S.A (A) - Note this is ordinary share
	1935: No of authorised shares 5000 (1935-30AR), Issued no of shares: 3648 (1935-30AS), Paid-up Value: $100 (1935-30AT)
	1933: No of authorised shares 5000 (1933-33AK), Issued no of shares: 3858 (1933- 33AL), Paid-up Value: M$100 (1933-33AM)
	1932: No of authorised shares 5000 (1932-38AT), Issued no of shares: 3759 (1932- 38AU), Paid-up Value: M$100 (1932-38AV)
	1931: No of authorised shares 2500 (1931-37AT), Issued no of shares: 2500 (1931- 37AU), Paid-up Value: M$100 (1931-37AV)
	
	Realty Investment Co., Fed. Inc. U.S.A (B)
	1935: No of authorised shares 150000 (1935-31AR), Issued no of shares: 147892 (1935-31AS), Paid-up Value: $10 (1935-31AT)
	1933: No of authorised shares 150000 (1933-34AK), Issued no of shares: 30316 (1933- 34AL), Paid-up Value: M$10 (1933-34AM)
	1932: No of authorised shares 150000 (1932-39AT), Issued no of shares: 50617 (1932- 39AU), Paid-up Value: M$10 (1932-39AV)
	1931: No of authorised shares 25000 (1931-38AT), Issued no of shares: 25000 (1931- 38AU), Paid-up Value: M$10 (1931-38AV)
	
39)	Tienstin Land Investment Co., Ltd
	1935: No of authorised shares 120000 (1935-34AR), Issued no of shares: 64281 (1935-34AS), Paid-up Value: $50 (1935-34AT)
	1934: No of authorised shares 120000 (1934-36AQ), Issued no of shares: 120000 (1934- 36AR), Paid-up Value: $50 (1934-36AS)
	1933: No of authorised shares 40000 (1933-37AK), Issued no of shares: 21427 (1933-37AL), Paid-up Value: 100Taels (1933-37AM)

40)	Shanghai Waterworks Co., Ld (Preference)
	1935: No of authorised shares 100000 (1935-66AR), Issued no of shares: 100000 (1935-66AS), Paid-up Value: 10Taels (1935-66AT)
	1934: No of authorised shares 200000 (1934-68AE), Issued no of shares: 100000 (1934-68AF), Paid-up Value: 10Taels (1934-68AG)

41)	Shanghai Waterworks Fittings Co., Ld
	1935: No of authorised shares 500000 (1935-95AR), Issued no of shares: 301765 (1935-95AS), Paid-up Value: 1Taels (1935-95AT)
	1934: No of authorised shares 500000 (1934-97AQ), Issued no of shares: 201187 (1934-97AR), Paid-up Value: 1Taels (1934-97AS)
	1932: No of authorised shares 500000 (1932-83AT), Issued no of shares: 210187 (1932-83AU), Paid-up Value: 1Taels (1932-83AV)
	1931: No of authorised shares 500000 (1931-78AT), Issued no of shares: 201187 (1931-78AU), Paid-up Value: 1Taels (1931-78AV)

42)	Bute Plantations (1913), Ld
	1935: No of authorised shares 500000 (1935-104AR), Issued no of shares: 353698 (1935-104AS), Paid-up Value: 1Taels (1935-104AT)
	1934: No of authorised shares 500000 (1934-106AQ), Issued no of shares: 352059 (1934-106AR), Paid-up Value: 1Taels (1934-106AS)
	1933: No of authorised shares 500000 (1933-102AK), Issued no of shares: 300000 (1933-102AL), Paid-up Value: 1Taels (1933-102AM)
	
43)	Kotah Bahroe Rubber Estates (1921), Ld
	1935: No of authorised shares 500000 (1935-112AR), Issued no of shares: 461804 (1935-112AS), Paid-up Value: 0.75Taels (1935-112AT)
	1934: No of authorised shares 500000 (1934-114AQ), Issued no of shares: 454854 (1934-114AR), Paid-up Value: 0.75Taels (1934-114AS)
	1933: No of authorised shares 390000 (1933-111AK), Issued no of shares: 390000 (1933-111AL), Paid-up Value: 0.75Taels (1933-111AM)

44)	Shanghai-Pahang Rubber Estates, Ld
	1935: No of authorised shares 300000 (1935-127AR), Issued no of shares: 235900 (1935-127AS), Paid-up Value: 1Taels (1935-127AT)
	1934: No of authorised shares 300000 (1934-129AQ), Issued no of shares: 231820 (1934-129AR), Paid-up Value: 1Taels (1934-129AS)
	1933: No of authorised shares 200000 (1933-126AK), Issued no of shares: 200000 (1933-126AL), Paid-up Value: 1Taels (1933-126AM)

45)	City Loan 7% 1932 (20 years)
	1934: No of authorised shares $6000000 (1934-61AQ), Issued no of shares: $6000000 (1934-61AR), Paid-up Value: $100 (1934-61AS)
	1933: No of authorised shares $6000000 (1933-61AK), Issued no of shares: $6000000 (1933-61AL), Paid-up Value: $85 (1933-61AM)

46)	Shanghai Cotton Manufacturing Co. 
	1934: No of authorised shares 240000 (1934-72AQ), Issued no of shares: 120000 (1934-72AR), Paid-up Value: $50 (1934-72AS)
	1933: No of authorised shares 120000 (1933-71AK), Issued no of shares: 120000 (1933-71AL), Paid-up Value: 50Taels (1933-71AM)

47)	Millington, Ltd
	1934: No of authorised shares 300000 (1934-93AQ), Issued no of shares: 110000 (1934-93AR), Paid-up Value: $4 (1934-93AS)
	1933: No of authorised shares 300000 (1933-89AK), Issued no of shares: 110000 (1933-89AL), Paid-up Value: 5Taels (1933-89AM)

48)	Office Appliance Co., Ld
	1934: No of authorised shares 80000 (1934-94AQ), Issued no of shares: 60000 (1934-94ARF), Paid-up Value: 8.5Taels (1934-94AS)
	1933: No of authorised shares 80000 (1933-90AK), Issued no of shares: 60000 (1933-90AL), Paid-up Value: 10Taels (1933-90AM)

49)	United Theatres Inc
	1934: No of authorised shares 1000000 (1934-99AQ), Issued no of shares: 6000000 (1934-99AR), Paid-up Value: 5Taels (1934-99AS)
	1933: No of authorised shares 1000000 (1933-95AK), Issued no of shares: 1000000 (1933-95AL), Paid-up Value: 5Taels (1933-95AM)


50)	Dominion Rubber Co., Ld
	1934: No of authorised shares 350000 (1934-110AQ), Issued no of shares: 200000 (1934-110AR), Paid-up Value: 1Taels (1934-110AS)
	1933: No of authorised shares 350000 (1933-106AK), Issued no of shares: 166745 (1933-106AL), Paid-up Value: 1Taels (1933-106AM)


51)	Shanghai-Kelantan Rubber Estate (1925), Ltd
	1934: No of authorised shares 1400000 (1934-125AQ), Issued no of shares: 1400000 (1934-125AR), Paid-up Value: 0.1Taels (1934-125AS)
	1932: No of authorised shares 1050000 (1932-128AT), Issued no of shares: 776692 (1932-128AU), Paid-up Value: 0.1Taels (1932-128AV)
	1931: No of authorised shares 350000 (1931-120AT), Issued no of shares: 350000 (1931-120AU), Paid-up Value: 1Taels (1931-120AV)


52)	Sungala Rubber Estate, Ld
	1934: No of authorised shares 180000 (1934-133AQ), Issued no of shares: 180000 (1934-133AR), Paid-up Value: 1Taels (1934-133AS)
	1933: No of authorised shares 180000 (1933-130AK), Issued no of shares: 150000 (1933-130AL), Paid-up Value: 1Taels (1933-130AM)
	1932: No of authorised shares 150000 (1932-136AT), Issued no of shares: 150000 (1932-136AU), Paid-up Value: 1Taels (1932-136AV)

53)	Mark L. Moody, Fed. Inc., U.S.A 
	1932: No of authorised shares 100000 (1932-78AT), Issued no of shares: 30000 (1932-78AU), Paid-up Value: 10Taels (1932-78AV)
	1931: No of authorised shares 100000 (1931-73AT), Issued no of shares: 40000 (1931-73AU), Paid-up Value: 10Taels (1931-73AV)

54)	Batu Annam (Johore) Rubber Estate, Ld
	1932: No of authorised shares 960000 (1932-103AT), Issued no of shares: 960000 (1932-103AU), Paid-up Value: 0.1Taels (1932-103AV)
	1931: No of authorised shares 400000 (1931-95AT), Issued no of shares: 400000 (1931-95AU), Paid-up Value: 1Taels (1931-95AV)

55)	Cheng Rubber Estates, Ld
	1932: No of authorised shares 1095850 (1932-108AT), Issued no of shares: 1095850 (1932-108AU), Paid-up Value: 0.1Taels (1932-108AV)
	1931: No of authorised shares 675000 (1931-100AT), Issued no of shares: 274875 (1931-100AU), Paid-up Value: 1Taels (1931-100AV)

56)	Kroewek Java Plantations Ld
	1932: No of authorised shares 2200000 (1932-117AT), Issued no of shares: 2200000 (1932-117AU), Paid-up Value: 0.1Taels (1932-117AV)
	1931: No of authorised shares 700000 (1931-108AT), Issued no of shares: 550000 (1931-108AU), Paid-up Value: 0.86Taels (1931-108AV)

57)	Repah Rubber & Tapoica Estates, Ld
	1932: No of authorised shares 1350000 (1932-122AT), Issued no of shares: 1350000 (1932-122AU), Paid-up Value: 0.1Taels (1932-122AV)
	1931: No of authorised shares 500000 (1931-113AT), Issued no of shares: 450000 (1931-113AU), Paid-up Value: 1Taels (1931-113AV)

58)	Samagaga Rubber Co., Ld
	1932: No of authorised shares 6000000 (1932-124AT), Issued no of shares: 1011000 (1932-124AU), Paid-up Value: 0.1Taels (1932-124AV)
	1931: No of authorised shares 600000 (1931-115AT), Issued no of shares: 411000 (1931-115AU), Paid-up Value: 1Taels (1931-115AV)

59)	Semambu Rubber Estate, Ld
	1932: No of authorised shares 900000 (1932-125AT), Issued no of shares: 900000 (1932-125AU), Paid-up Value: 0.1Taels (1932-125AV)
	1931: No of authorised shares 300000 (1931-116AG), Issued no of shares: 300000 (1931-116AH), Paid-up Value: 1Taels (1931-116AI)

60)	Senawang Rubber Estates Co., (1921) Ld (ordinary) 
	1932: No of authorised shares 1140000 (1932-126AI), Issued no of shares: 1140000 (1932-126AJ), Paid-up Value: 0.1Taels (1932-126AK)
	1931: No of authorised shares 300000 (1931-117AT), Issued no of shares: 285000 (1931-117AU), Paid-up Value: 1Taels (1931-117AV)

61)	Fonciere et Immobiliere de Chine
	1933: No of authorised shares 20000 (1933-30AK), Issued no of shares: 20000 (1933-30AL), Paid-up Value: 100Taels (1933-30AM)
	1932: No of authorised shares 10000 (1932-28AT), Issued no of shares: 10000 (1932-28AU), Paid-up Value: 100Taels (1932-28AV)

(P.S This means that the new issue is 10000)

62)	Ch. Finance Corp., Fed. Inc U.S.A (Pref)
	1933: No of authorised shares 600000 (1933-60AK), Issued no of shares: 205125 (1933-60AL), Paid-up Value: 5Taels (1933-60AM)
	1932: No of authorised shares 600000 (1932-13AT), Issued no of shares: 201715 (1932-13AU), Paid-up Value: 5Taels (1932-13AV)


63)	Tebong Rubber Estate Ld
	1933: No of authorised shares 4000000 (1933-133AK), Issued no of shares: 4000000 (1933-133AL), Paid-up Value: 0.1Taels (1933-133AM)
	1932: No of authorised shares 4000000 (1932-139AT), Issued no of shares: 2130000 (1932-139AU), Paid-up Value: 0.1Taels (1932-139AV)

Things to note:

1) 	Again, like the previous doc, whether or not dividends are stated as income tax free is impt. Eg
	HSBC: (1931-8BB), (1932-8AZ), (1933-10AQ),(1935-9AZ),(1936/37-10AR), (1938/39-10AT),(1940-10AQ)
	
	Chinese Engineering & Mining Co., Ld (Bearer) (1931-66BB), (1932-71AZ), (1933-78AQ), (1934-82AW),(1935-80AZ),(1936-77AR),
	(1938-65AT), (1939-66AT), (1940-69AQ)
	
	Gula Kalumpong Rubber Estates, Ld (1931-103BB), (1932-111AZ), (1933-107AQ), (1934-111AW),(1935-109AZ),
	(1936-106AR), (1938-93AT), (1939-93AT), (1940-97AQ)
	
	Chosen Corporation, Ltd (1937-66AR), (1939-67AT)

	Consolidated Rubber Estates (1914), Ld (1934-109AW)

	Shanghai Electric Construction Co., Ld (Bearer) (1932-59AZ), (1933-49Q)



2)	Asia Realty Co., Fed . Inc., U.S.A ("A" preference) (1931-32C)is the Asia Realty Co., Fed . Inc., U.S.A (preference) in 1930, but in 1931 got 2 preference shares,
	so name it as "A" 

3)	Realty Investment Co., Fed. Inc. U.S.A  in 1931 has 2 diferent types of shares, so rename it as A and B. Realty Investment Co., Fed. Inc. U.S.A (A) (1931-37AS)
	is the previous old share


4)	For some dividends, it was stated as 12/7.2d, in this case we will quote as 0.12.7.2 (i.e 12 shillings and 7.2 pennies)	
	More examples below:
	Shanghai Waterworks Co.,Ld.("A") (1931-57AZ): dividends is stated as 12/7.2d, so we write as 0.12.7.2pounds
	Shanghai Waterworks Co., Ld ("B") (1931-58AZ): dividends is 7/1/2d, so we write as 0.0.7.5pounds
	Shanghai Waterworks Co., Ld ("C") (1931-59AZ):  dividends is 7/1/2d, so we write as 0.0.7.5pounds

	Similarly, in 1938, we have Shanghai Waterworks Co., Ld ("B") and "C"  (1938-43/44AT):  dividends for 1938  stated as 1/4.8d so we write as 0.1.4.8 
	Note that dividends for 1937 for Shanghai Waterworks Co., Ld ("B")  is 1/4.8d and for  Shanghai Waterworks Co., Ld ("C")  is 1/7.2d

	
5)	Similar to previous years, we have dividends paid by coupons. Eg:
	Shanghai Waterworks Co.,Ld.("A") (1931-57BB), (1932-61AZ), (1933-51AQ),(1935-49AZ),(1936-48AR),(1938-42AT), (1939-42AT)
	
	Shanghai Waterworks Co., Ld ("B") (1931-58BB), (1932-62AZ),(1933-52AQ) (1935-50AZ)(1936-49AR), (1938-43AT), (1939-43AT)
	
 	Shanghai Waterworks Co., Ld ("B") (1931-59BB), (1932-63AZ),(1933-53AQ), (1935-51AZ), (1936-50AR) (1938-44AT), (1939-44AT)
	
  	Gula Kalumpong Rubber Estates, Ld (1931-103BB), (1932-111AZ),(1933-107AQ), (1934-111AW),(1935-109AZ)(1936-106AR), 
	(1938-93AT),(1939-93AT) (1940- 97AQ)
	
	Chinese Engineering & Mining Co., Ld (Bearer) (1932-71AZ), (1933-78AQ),(1935-80AZ),(1936-77AR),(1938-65AT) (1939-66AT), 
	(1940-69AC) 
	
	B.A.T (Securities) Co., Ltd "A" (ordinary) (1934-78AW)
	
	Consolidated Rubber Estates (1914), Ld (1934-109AW)


6)	Shanghai Vacuum Clng & S. Co., Ltd changes its financial year from May in 1930 to Dec in 1931 (1931-71AY)

7)	Kroewek Java Plantations Ld (1931-108BA): dividends payable date actually write 09/27/1920, but not possible, becoz paper stated that dividends is for 1929

8)	Metropolitan Land & Building Co., Ltd "A" and "B" 
	(1934-30/31AQ): The total no of authorised shares for A and B is 500000
	(1935-28/29AR), (1936/37-28/29AL),(1938-26/27AN), (1939- 26/27AN) : the total no of authorised A and B shares is 500000
	
	(1940-27/28C): For both A and B shares, the total no of shares done last week in 1940 is 840, this week:160, total sales reported in 1939 is 12380, and 
	1940 is 119666, and the total no of authorised A and B shares is 500000

9)	Shanghai Electric Construction Co., Ld (Bearer) and (Regd)
	(1933-49/50AK): Both Regd and Bearer authorised shares = 700000, issued=600000
	(1934-49/50AQ): The total authorised and issued shares for regd and bearer are respectively 700,000 and 660000, 
	(1935-47/48AR): The total no of authorised regd and bearer shares are 700000, and issued shares are 670000. 
	
	(Note the increase in no of issued shares)

	(1936-46/47AK), (1937-40/41AL) (1938-40/41AN),(1939 - 40/41AL): The total no of authorised for regd and bear is 700000, for issued is 670000
	(1940-40/41AK): the total no of authorised regd and bear shares is 700000, and issued shares is 600000

10)	Shanghai Waterworks Co., Ld ("B") and ("C") 
	(1934-52/53AQ) (1935-50/51AR), (1936-49/50AL), (1937-43/44AL),(1938-43/44AN),(1939 -43/44AL) : 
	The total no of authorised for B and C shares is 359280
	(1940-43/44AK): The total no of authorised shares for B and C is 359280

11)	Chosen Corporation, Ltd (1940: 70AV): dividends payable date actually wrote 01/15/1935, not possible since dividends is for year ending 1937. Besides, it does not
	tally with previous year, so assume typo error and dividends payable date to follow like previous years.

	Similarly for Shanghai & H'kew Wharf Co.(1939-34AW): not possible that dividends is for 1937, but paid in 04/14/1932. So there is something wrong with the dividends 
	payable date.

	This is the same case for Union Brewery, Ltd. Dividends are paid in 1934, but for 1935, not possible, so follow like 
	other future years, and change the payable date to 1933 (1935-96BB)

	Same for Tebong Rubber Estate Ld (1934-136BA) - dividends is for a/c 1935, but payable date is in 1934 


12)	Union Brewery, Ltd  (1939-81AT): we believe there is a typo error with the dividends, as all along for the same dividends ending date, the dividends has always been 
	$1.25, and not $1.35

13)	Union In. Society of Canton Limited (1937-20AD) and (1938-20AB): quotation for the lowest business 1937 excludes dividends.

	Alma Estates, Ld (1937-83AD), (1938-83AB ): The lowest quote for year 1937 excludes dividends.

	Rubber Trust, Ltd (1937-102P):  The last fri nominal quote excludes dividend

15)	Financial year for Shanghai Cotton Manufacturing Co. changes from Oct to April (1938-58AS)

	Financial year for Shanghai Dock & Engineering Co., Ld changes from April to Dec (1937-33AQ)

	Finanical year for Culty Dairy Co., Ltd changes from June in 1936 to Dec in 1937 (1937-67AQ)

16)	Shanghai-Kedah Plantations, Ld (1938-106AJ):there is a huge difference btn 2 year's report for the quote of 1937 sales {67195 in 1938 vs 267195 in 1937.)

	The same goes for Shanghai-Kelantan Rubber Estate (1925), Ltd (1938-107Aj): 2553121 in 1938 vs 553121 in 1937

17)	Wheelock & Co., Ltd: There are a lot of increase in sales as compared to last yr (200 in 1936 (1936-35AH) vs 107272 (1937-35AI)

18)	Shanghai & H'kew Wharf Co.(1934-42/43AQ),(1935-40/41AR) -The total no of authorised shares for old and new shares is 80000, 
	and in 1934, there is a $10.50 dividends for old shares, and $7 for the new shares.

	In addition, there is an dramatic increase in prices within a week! The nominal quote increase by $100 within a week,
	from $365 (1935-40J) to $265 (1935-40P)

19)	Unlike all the other shares, City Loan 7% 1932 (20 years) (1933-61AK) and City Loan 7% 1934 (12 years) (1934-62AQ)
	have its authorised and issued no of shares denominated in dollars. Not surprising, after all, it is a loan.


20)	Hongkong & Shanghai Hotels., Ld 
	(1932-82AZ): the dividends is for the old shares, for new shares, dividends is 0.3T
	(1933-85AQ): the dividends stated for the old shares, for the new ones, it is Hkg$0.2

	Similarly,
	Union Brewery, Ltd (1933-94AQ) the dividends stated is for the old share, for the new shares it s 0.5T



21)	China Bond & Share Co. is known in 1934 as China Bond & Share Co., Fed Inc., U.S.A (1934-16AP)
	

22)	Shanghai Land Investment Co., Ld (1934-35AC):  paper actually wrote 26.75 for highest 1933, but not possible the 
	highest is smaller than the lowest, so assume mistake is made, and that last year's report apply i.e highest price
	is 36.75

23)	Wheelock & Co., Ltd (1934-44AC): the highest quote of 1933 stated in 1934 made more sense than the 1933 one where
	it was stated to be 353 (1933-44AA).

	On the other hand, Shanghai Gas Co., Ld, the lowest price of 1933 stated in 1934 report (1934-47AE) is very different
	from the one stated in the 1933 report (1933-47AC) (137.5 vs 6.75)

	In addition, Quotes for the business done year 1932 stated in 1933 differ alot  from 1932's report. I wonder what is 
	the reason.


24)	Ewo Cotton Sp. & W. Co., Ld (preference) - there is a huge difference between the highest and lowest quotes in 1934
	200 vs 7 (1934-63AG vs 63AI)

25)	China Import & Export Lumber Co., Ld was previously delisted after 1929, but now listed again in 1934. Its capitalization
	strcutre is very different from the previous time.

	1929: No of authorised shares: 5000 (1929-106N), Issued shares: 5000 (1929-106O), Paid-up: 100Taels (1929-106P)
	1934: No of authorised shares: 500000 (1934-81Q), Issued shares: 200000 (1934-81R), Paid-up: 10Taels (1934-81S)

26)	In 1932, denominated currency of the quote for HSBC (1932-8E) changes from M$ to Hkg$

27)	City Realty Co., Ltd (1932-37C) was incorporated on 6th July 1931
 	San Sing Properties, Ltd (1932-44C) was incorporated on 15th April 1932



28)	Metropolitan Land & Building Co., Ltd in 1932 issue another type of shares, B-type (1932-42C) is the new share, 
	while A-type (1932-41C) is the old share. Both have the same paid-up
	of 10Taels.


29)	Union Mobiliere (1933-13/14AK): The total no of shares for both old and new is 500,000 (issued and authorised),
	and total sales for the old and new issue is 3525 (1933-13/14AH)

30)	China Bond & Share Co. - (1933-16AK) paper actually writes 20000 for authorised no of shares, but not possible, 
	since this means that the issued shares (=100000) are more than authorised shares. Assume follow the next year's capitalization
	strcuture
















	
	