Copy

fe5.

Enclosure

C. O.

9867

Report on the question of the

REGO 3 JUN 35)

122

loaw proposed to be raised in London for the Colony of Hongkong?

I think it is extremely

doubtful whether it would be

possible at the present monsent to raice any money in Londow at

4/2 %% contemplated.

the outside rate

of

8.8. Deep : 47 offps, by the brown Agents; and perhaps

as the Imperial Government has

this

declived to guastrule a loan by Colony, it may be difficult to place the London market even)

a loaw on

bearing a higher rates of interest than 47/2/%, except at a prices. very conviderably below par. The quotation for concols wa

concols was yesterday':

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