unable to understand how there is
Simply becaus the fund, being a
larger
can br
me, administered to
gratis advantage. That is why the new
system was intro.
-tuned.
L.Me
G..
Yes. Funds can is inverted
rinckend of thing likt at call
(But withere more "profit
on exchange ? 7.1.M.)
polo, with, fualifications b 5.5. (50568/25)
8
mote
e
"forget" under the new
booking
system than under the old system
Whereby, such floating balances might
be placed on deposit at call, invested in Treasury Bills, Caut for
short periods against security etc.,
(2). There is also the arrangement proposed
in Circ.desh. of 9th July 1925 (on 7983/25) and ascepted by H.K
(49380/25)
Llems
to
refer
Agents
are
to which para 12
whereby the Crowe
authorised to exercise
thei't discretion in talking
advantage of opportunities of
making advantageous exchanges
investments in Funds held by
them.
M&M "profit" naliation b
the Common Agents next be rented as
on the sama fooking an orp.