cover
115
of
Hong Kong and Shanghai Banking Corporation. Valuation of Securities held as cover for the Note issue that Bank $10,000,000 at the prices of the 2nd January 1901.
Consols 24% £34,000 @97¼ £33,065 Canada 3% £10,000 @99 9,900 Cape of Good Hope 3½% £15,000 @104 15,600 Natal 3½% £10,000 @102 10,200 Treasury Guarantee £45,000 @100 45,000 Western Australia 4½% Stock £25,000 @105 26,250 Greek Guaranteed 2¼% Deb £145,000 @89 129,050 Indian Loan Notes 3½% Rp875,000 @64 56,000 1854-5 4% Bombay Improvement Just Loan of 1899 Ro975,000 @98 63.70 356,465Amount of Security required 's of $1 = $10,000,000
Excess @ Exchange 2.01/20 = 13,076
10,000,000
3,447,923 dollars.
3,333,333
114,590
According to a return dated 31 Decr. 1900 it appears that $3,000,000 have been deposited in Hong Kong under Ordinance No 1 of 1899.