The National Bank of China Limited.
TELEGRAPHIC ADDRESS,
TELEPHONE NO
P.O. CENTRAL.
61, Old Broad Street,
London
The Under Secretary of State,
Colonial Office,
London, S.W.
553
10th September, 1906.
C O.
35595
Rec'd 11 SEP 06
Minute 32856/1906.
Sir,
I have the honour to acknowledge the receipt of your letter of 8th instant and its enclosure and in reply beg to state that:
The limit of the total Note issue of the Bank is $450,000.
The Bank does not issue notes at any of its Branches other than Hongkong. The above limit is fixed under Hongkong Ordinance No. 2 of 1895, copy of which was enclosed with our letter of July 18th, addressed to the Right Hon: The Earl of Elgin.
As stated above the Notes of the Bank are issued only in Hongkong and are redeemable at the Head Office of the Bank there.
I have the honour to be,
Sir,
Your obedient Servant,
Manager.