the Special Fund account for 1078 (in 12244/79) I find that the
" corresponding transfer
was $47,058.82,
£10,000 @4/3. Uirs leaves the
#92941,18 with in question, being £19,750 @ 4/3). It is therefore
clear that the "Deposit in London ""
than
is ₤19.750 accounted in Hong Kong at 4/3 but really worth more
$92,941.18.
до
scarcely say
I think we need
ao to this than
tell them you to give notice
withdrawal and transfer it to thin Agents to be invested in first cate securities. Idrave drafted accordingly.
W. Hammary takes credit having saved the Colong the wasting
t
for
"on the #copoo in
"Loss by Exchange " on
Erection; the fact being that
140,000
47,058 92,941
75
by making the transfer at the same
rate as the original remittance, the General account has brofited by the the Thacial fund good investment in gold.
24. 22571
Tuly