DOMESTIC.
L(121L)-22915-6000-2-92 or Individual.
Long.
+ Shanghai Bank
Date. 1892 19 May
W previous Paper. 748
wiss 16 June Copy agents No Gor 1574:16 pine Stong Kong No. 10184
(Subject.) C.O. 10184 RECE REC 20 WAY 32
Security against Note Issue
Reports intention to deposit with the C. Ogente next month 2¾% Consols & Cal fort Securities for £125,000 off estimated value of £122,700.
(Minutes.) Crown Agents
This proposal will I presume leave a sufficient margin, with the other securities zu hold, to cover $2,500,000 + 833,333 = 3,333,333. Perhaps you will also consider whether there ought to be a periodical valuation of these securities?
In Johnson, sup.26/5
I have obtained from the Bank a Statement of the additional Securities 10882