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ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
GROWN AGENTS FOR THE OOLONIES.
THE DATE OF THIS LETTER BEING QUOTED
THE FOLLOWING REFERENCE : ..............
CROWN
AGENTS
C.O.
A/682 HongKong.
TELEGRAMS, "OROWN, LONDON."
TELEPHONE. 7780 VICTORIA.
44328
: 001 20
4. MILLBANK,
WESTMINSTER,
LONDON, S.W. 1.
30th September 1925.
277
IMMEDIATE
sir,
143144
I have the honour to acknowledge the receit
of your letter No.43144/25 of the 28th September and
its enclosure relative to the financial crisis in
HongKong and as requested I append a statement of the
surplus funds investments and cash balances at resent
in our hands:-
Surplus funda investments at current
market value
Cash lent at interest
Cash on deposit
Cash in hand
€990,929
38,100
20,000
3,100
£1,952,129.
2. The normal monthly expenditure is approximately
£50,000 of which about £20,000 represents expenditure
on stores. We have, however, recently received
instructions from the Colony to suspend where possible
all action in connection with indents already sent
home and we have been able to comply with these
instructions by holding up indents to the value of
ader Secretary of State, Colonial office.
CA