4
493
>
#698,047 in the second.
2.
I enclose copies
of Mr Johnson's reports on these Titles.
3.
In addition to
the above securities the Bank offer Debenture Bonds
of the China Merchant Steam Navigation
Company to the value
$130,736.84, as margin over and above
the $2,607,855.22 set forth above. The stock of this
Company holds a very good place,
I am informed, on the local market, but as
the Company is not guaranteed by the Chinese Government I telegraphed to Your Lordship
on the 18th as follows:-
Hongkong Bank propose ...
(Enclosure 1: 24th March, 1890)
(Enclosure 2: TrApril, 1890)
...
7250
Hongkong Bank onward
follows:-
Bank of Kongkong propose
...
30,000 dollars
...
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