C. O.

HONG KONG

No. 6494

(Subject.)

'RECO

6494

Rea? 27 FEB AC

Excess Note Issue Security of Hong Shanghai Bank.

900

Jan

revious Paper.

$526

sends cert:

MO

Cons. Pard

3 Las hopps

2858-230-27-4

equent Paper.

7183

mo

Mr. Johnson

over

(Minutes.)

The $6,000,000 excess circulation appears.

From 17903/98 it appears that the Hong Kong and Shanghai Bank brand to withdraw their circulation from Singapore

Hans ✓ Penang as won ag commenced issuing the Straits Gov their notes. This they oppressive Raji Gwhich Colan; (andere) assumed would rekeni the fromme at Hong Kong, their notes could be transferred..

From 5541 Straits it appears that the Straits Gov have a circulation of about $4,000,000 notes. The arguments used til.m 19396199 hands ava

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