Enclosure 5.
COPY.
196
UNIVERSITY OF HONGKONG.
3rd November, 1920.
The Hon. Colonial Secretary.
A
sir,
In reply to your letter of October 30th (No.24 in 63/1920), I now have the honour to forward you a statement drawn up by myself and certified as correct by the University Auditor, Mr. Percy Smith, showing the financial position of the University at October 31st.1920, with reference to the
actual overdraft on the Bank at that date, the deficiency in
the various accounts and our liabilities.
I have, ac..
(Sd.) N. Teesdale Mackintosh,
Registrar.
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