DESPATCH.
C.O. 14924 RECE 85 & REGE 12 JUN 19. HONG KONG
No. 14924 (Subject.) Treasury Balances 899 May previous Paper. 122 Macas sends Return. Bollpe 12696 (Subsiding (rin) and tel caus Further ausd 113. June 20 June 1323 (78) —150923--15000-12-09 absequent Mr Jucus Sile Handton odd dollars
(Minutes.) There is an overdraft of a million at the HK and S. Bank; there is $74,000 with the HK&S Bank, and $250,000 more expected. This state of things, which includes a total daily balance of $564,600 is not considered satisfactory. AF-14/6 See also 12696
If all the subsidiary coins in the Colony & en route got into circulation quickly the overdraft on the Yauch would be wiped out; but it appears from a comparison with recent similar returns that only about $100,000 worth of subsidiary coins have got into circulation in the last two or three months.