valuation & the securities hedd
by
The CA. for the C. the dollar hen bens
taken as being worth 1/9), and
on this basis the amount agmired
und he is plows:-
$10,000.
no
£ 291,666... 13.. 41.
3
sous remities and coins to the
tace value of any
notes.
Mitional
4. According to the balance that for
the 31" " Deer last the total pole
If notes in circulation was
$27, 247, 823 of thaito and from the latest information
in
possession com to the sale of $15,500, oro
my
is held in
#Kong,)
He follows that the scarita's hald
A having a balance
*
$11, 747, 823, from which
97
deducted note to the have the f
$70,825 cm blive with them t Att. 18. tital of $11,706, 968 5. The securities in the hands of the CA. showed them fore amount to
the value of
on thest of $10,000,000
plus $4,706,900 1,747,823
1.2. £ 291,668... 13.. 4. plus
£ 152, 934. 10.3.
or a total of
£ 444, 601
вы
.....
to the annual interation,
But runding
i revised
in the light & the latest available puces, the total sale of those semities is ₤ 382, 40)... 5.. O., L. leaving a spicit of same £112,000
6. It has occured to me houror, that this apparent deficiency my
explained by the cires stated
the