Date.

No.

319-

1890.

3.

Previous Paper.

13688

Hong

Long.

No. 19596

(Subject.)

DESPATCH.

6.0.

19596 $71

REC 6 OCT 90

Dong Hong and Treasury Back.

Certain word used in a Telegram regarding custody of the Securities.

Explaining

(Minutes.)

Subsequent Paper.

I am informed in reply that "Treasury (Back Office)" is understood as a technical term applicable only to the Treasury (Back Office) property so called.

It is suggested that the L.L. of C. has changed the meaning of "Treasury Back Office" often made use of.

For mandate

(1211)-8576—6000-6-90

REC

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