ought to be employed, although probably the New Mercantile Bank might.
a
form
be given
small share of the for business (as has already been
allowed in legen
the Shinito - see deep than 23981/ Straits).
611
I do not think that we had better
propose any reduction in the Maximum limit, $350,000,
Karens there fore
&M and we must allow
...
The Cotar
would b..
harda
Such a prope The army st
account, & recently anyhow.
gave 2 percent to the foven. (see p. 6 of
Enc. in
.)
1590/89-90
t
and as regard, Pewals i
remark at bottom of page by of this desp", refer to par. 5 for
though, this there referred desk in 15175/90
se
do with len
св
oh has since
12
flor
Stopper
Each of the two Banks to hold something of they chefs then folifer.
than the limits fixed in abovi mentimed deeptre (m 15178/90); hot
J-3
I do not see why all the
should go to Ashanghai).
ant
mcrtat
Bank (the Hungting
I would suggest that we should lay down, that the maximum total limit $350,000 must not be exceeded,
of more than $200,000 should be in the Hongkong Shanghai Bank, not more than $150,000
in the Chartered Bank, this arrangement
time hereafter to be revised if at any
new Mercantile Bank appears to be entitled to a portion of
the business.
and ask why the Hongkong Shanghai Bank gives 4.5% interest on the Current Account of the Praza Fund, & whether it gives the same rate
on the Swt Current Account, sherra. See Adr that Bank madrinarily gives to its ordinary Current customers and 2 per cent in
front to of Hay H Fren 121 Feb. Cast
B.
I don't these
thing hans
349
which thens that
there is no necessity to let the hand
balances
accumulate in er den
Z
that
mext occasional large drafts of the C. Agents, if only they will arrange for the agents to make periodical small drafts (as they have money in hand for all their requirements), & instruct Governor to direct the treasurer
Common douse
in the passion
Jove...
in their malla.
It is for hi
ham sound
Theron from
L
arrange accordingly with the Agents for 7.25 March
I think we rather dig into these Eastern Crimies unnecessarily
d
might
about their balanced
leave them a little discretion &
give them credit for a little common sense.
Alo
baxcep
Would it not be enough to lay down
... that the maximum
balance in the
all the banks is not to exceed
the limit already prescribed i.e. 350000 dollars