KUMAR 1928
ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
GROWN AGENTS FOR THE COLONIES.
THE DATE OF THIS LETTER BEING QUOTED
AND THE FOLLOWING REFERENCE ...
TELEGRAMS. "CROWN. LONDON."
TELEPHONE, 7730 VICTORIA.
Sir,
CROWN
A/4740.
AGENTS
FOR THE
COLONIES
3
2
4, MILLBANK,
WESTMINSTER,
LONDON, S.W. 1.
6th March, 1928.
3.3
་
Cop
30099/27 no 6
2
30.1.28.
21.2.28.
& enclos. 7.2.28.
With reference to our letter of the 16th
March 1927, I have the honour to transmit for the
information of the Secretary of State for the Colonies,
valuations as on 3rd January 1928 of the securities held
by us as cover for the note issues of the Hong Kong and
Shanghai Banking Corporation and the Chartered Bank of
India Australia & China in Hong Kong and the Straits
Settlements.
Copies of letters received from the banks
giving details of the note circulation and the amount of
coin deposited in Hong Kong and Shanghai are also enclosed;
these refer to 31st December 1927.
2.
It will be seen that the valuations
show an excess over the amount of security required,
amounting to £433,606. 2. 3. in the case of the Hong Kong
& Shanghai Banking Corporation and to £289,624. 11. 5.
in the case of the Chartered Bank of India Australia &
China.
The Under Secretary of State,
COLONIAL OFFICE.
I have the honour to be,
Sir,
Your obedient servant,
wat wichhart
for CROWN AGENTS.
H