ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
OWN AGENTS FOR THE COLONIES,
Hong Kong.
Sir,
23140
RECO
111
C. O.
2433
&
the 31 JAN 6
DOWNING STREET, LONDON.
30th January
1899.
Referring to your letter dated the 8th January 1896,
I have the honour to enclose the valuation of the securities
held against the note issue of the Hong Kong & Shanghai Banking
Corporation as on the 3rd instant, for communication to the
Lords Commissioners of the Treasury.
It will be observed that an excess is shown over the
amount required to be retained.
I have also to acknowledge the receipt of your letter
No.1845/98-9 of the 27th instant respecting a special issue of
notes for one year from July last in excess of the existing
limit of $10,000,000 which, we observe, is to be covered by a
deposit of dollars in the local Treasury.
I have the honour to be,
98.9
Sir,
Under Secretary of State,
&c.
&c. &c.
Colonial Office.
Your Obedient Servant,
W. H. H(oummanry?)