24
the $420,000
in Londos
were ravica
at sise % there would
be payable in 1887 interest on
$268,000 + $420,000 - $ 688,000=
30,960, plus
the loss on exchange
te
emilting the
interest
//.
Inc
Q
avaulage of Containing
the proposed systems of drawing
money from the Local Bank
#
Euring
a..
sendok
year is, it
will be
wrot
bee
observed,
20 great, full year's interest
=
will have to be paid
Vi
ette
:
13
128
Hongkong would not
could not lose by
a
@rutinua
wee of the
proposed
arrangement during 1887. The
question whether that arrangement
should be continued during 1884.
might be left to future consideration
The
Chief Manages of the
12.
Strugkong and Shar
aughai Bank
informed the
FrcazurRA
myself
с
today
thai
he han
been authorised by the Directors
that the Bank agreed
to say
wake
the
wvuey
advanced in 1886
aria
the ove
the rate
of this intere et
will be 6%
while t
in the
other
itis
aleaued
than life;
clear.
that the
that it will not be
but it w
GovernmeAK of
to
Government
proposed,
AAvaAALAS
Co
in the mode
and further
stated that
fre
in event of airy
reduction in the
Current
rate of interest, the Bank
vould wake
¿....
icdrieci ou
in the rate charged against
Houghing
the
ť