A.
474 B.
ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
OROWN AGENTS FOR THE COLONIES,
THE ABOVE REFERENCE AND THE
DATE OF THIS LETTER BEING QUOTED.
TELEGRAMS, "CROWN, LONDON."
TELEPHONE 1832 VICTORIA.
C.O 16605
347
REC
REGE 17 MAY 13}
WHITEHALL GARDENS,
LONDON, S. W.
16th. Kay, 1913.
Sir,
I have the honour to state that the Chartered
Bank of India Australia and China have applied to us
for the release of Ms. 500,000 Prussian Consolidated
3% State Loan Bearer Bonds, which are held as security
for the Bank's note issue, and propose to deposit instead
£25,000 City of Bombay Improvement Trust 4 Bonds (1910). The current prices of these securities are as follows:-
Prussian Consolidated 3 State Loan, £75 per £100 Bond. City of Bombay Improvement Trust 4% Bonds (1910)
£98 per £100 Bond
2.
Neither of the issues are Trustee Securities
but we already hold Bombay Improvement Trust Bonds 88
part of the security of the Bank and we therefore propose to allow the Bank to make the exchange desired.
The Under Secretary of State,
&c.
&c. &c.,
I have the honour to be,
Sir,
Your obedient Servant,
Jircchus
for Crown Agents.
Colonial Office.
}