Beautiful stock certificate from the Shanghai Telephone Company, Federal Inc. U.S.A.
issued on December 13, 1939. This historic document has an
ornate border around it with a vignette of the company's name. Shanghai Telephone Company Federal Inc. USA was incorporated under the China Trade Act of 1922. This item is over 74 years old and is hand signed by the company's officers. This is the first time we have had this certificate for sale.
The following is from an article in the China Journal News in 1934:
Shanghai Telephone Company Expands: Telephones in use in the International Settlement and the French Concession of Shanghai totalled 50,588 on March 1, 1934, according to a report recently issued by the Shanghai Telephone Company. The total showed an increase of 15,188 telephones in forty-two months. In August, 1930, the figure stood at 34,700. In the same period, in addition to the increased number of instruments in use, six new buildings were opened, automatic equipment installed for 41,400 lines, and all sub-scribers in the International Settlement and the French Concession converted to the use of the dial. The entire work was done in about five-sixths of the time allowed by the franchise, while the capital required amounted to nearly $27,000,000.
Although the normal annual growth of installed telephones is from five to eight per cent. in most cities, Shanghai registered year]y increase of slightly more than ten per cent. during the period under review, and the demand continues. Last year it was necessary to place 800 new lines in the exchanges, and many thousands of feet of cable, both overhead and underground, of sizes containing from fourteen to 1,200 pairs of wires.
Tal Shan To Have Telephone Service : Modern telephone service linking the summit of Tai Slian, sacred mountain near Tai-an, Shantung, with the cities of the plains may soon be possible. General Han Fu-chu, Governor of Shantung, has issued orders for the work to be done immediately.
History from Encyberpedia and
stock certificate research service)