$
It w
1024
73
343
sald
passing through Hong-Kong recently en route to England,
would in every probability be begun early this autumn.
We will duly communicate with you on hearing
from our Head Office as to our application and we beg to
state that after strenuous endeavours we have succeeded in
reducing our circulation so that our issue aggregates to-day
$2,722,000 as against $2,750,000 the limit laid down by
the Lords Commissioners of Her Majesty's Treasury.
J
In concluding we beg to apologise for the un-
avoidable delay in sending you this our reply to your commu-
nication of 14th, instant.
I am,
80.
(Sa.)T . H
WHITEHEAD,
Manager.