SHANGHAI. Cert. of Shares of 100 Yuan. brown, black, red. No 7086-7105. Heavy folds with repaired edge-splits. Large format for a Chinese share, with photo vignette of the flour-mill, also flowers. Founded 1897/9 by Mr. Sun Duoxin and his brother Mr. Sun Duosen. They were convinced that flour made by machinery could be sold at better prices than native ground flour. Hearing that American machinery was cheaper than British, they went to the USA and bought a fully equipped American plant for $22,000. At this time, it was the most innovative and biggest flour mill of Asia. The company further expanded between 1913 and 1930. Its success encouraged others and by 1928, there were 16 flour mills in the Shanghai area with an aggregate daily production of 10,500 bags. The company resided in Island6, at 120 Moganshan Rd, near Suzhou Creek, Shanghai. Today, the company buildings are a center for arts.
Startprice: € 100