293
All lotterste be addressedto
"THE CHIEF MANAGER" AND NOT TO INDIVIDUAL OFFICERS BY NAME.
TELEGRAPHIC ADDRESS, PARADISE,STOCK,LONDON”
THE MERCANTILE BANK OF INDIA, LIMITED.
CAD. Threadneedle Street,
London:
35142
REC?
[REG 6 NOV 12
Norr. 6, 1912.
B.C.
The Under Secretary of State for the Colonies,
sir,
Downing Street,
Note Issue in Hong Kong
According to our latest advices from Hong Kong, the
# 600,000.-
total of Notes issued there amounts to
against which coin is held earmarked to extent
extent } 00,000.-
In addition we have lodged with the Crown Agents for the
Colonies Securities to the value of 290,000.-, of which we
propose to withdraw £25,000.- over-deposited, viz. £25,000.-
Bengal Nagpur Railway Company 31% Debentures. This will leave
Securities in their hands value 265,000.-
We should esteem it a favour if you would give the
Becessary instructions to the Crown Agents for the Colonies,
advising us in due course.
I am, Sir,
Yours fait
Chief Masager.