{
No.
-
203 84
Rate of Dollar and Rupee for 1884-85.
RECO
C 0.
1079
PEG 19 JAN 84
338
TREASURY CHAMBERS,
17th January, 1884.
SIR,
I am directed by the Lords Commissioners of Her Majesty's Treasury
to acquaint you, for the information of the feastay of State for the Colonies
7
that, in accordance with the arrange- ments made in 1875 for the annual revision of the rate at which the Dollar is issued at Hong Kong, in the Straits Settlements, and on the China Station, for Imperial service, payable in this country in sterling, my Lords have caused the necessary calculations to be made of the average price of standard silver in the London market during the calendar year 1883, and of the corresponding value of the Mexican Dollar.
I am to inform you that, according to the terms of the above arrangement, the Dollar should be issued during the financial year 1884-85 at the rate of Three Shillings and Ninepence (38. 9d.); and that, according to the same mode of valuation, the rate of issue of the Rupee in the colonies of Ceylon and Mauritius, and on the East Indian Station, for Imperial services, payable in this country in sterling, should be fixed at One Shilling and Eightpence (1s. 8d.) for 1884-85.
My Lords desire me to add that the necessary instructions have been sent to the Treasury Chest Officers at Hong Kong, Straits Settlements, Ceylon, and Mauritius for the adoption of the above rates as from 1st April next.
I
am, SIR,
Under Secretary fitate
beefanel Office
(11,891) 25 1-84
Your obedient Servant,
1. A tale
d