RECEIVED
-5MAR1930
COL. OFFICE
ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
CROWN AGENTS FOR THE COLONIES.
THE FOLLOWING REFERENCE AND THE
DATE OF THIS LETTER BEING QUOTED.
A/581
TELEGRAMS:
CROWN, LONDON,
TELEPHONE: 7730 VICTORIA.
CROWN
AGENTS
FOR
COLONIES
4, MILLBANK,
WESTMINSTER,
LONDON, S.W.1.
4th March 1930.
24
15
1 on 62821/29
25.2.30.
28.2.30.
hopy to incas, 19)
Sir,
With reference to our letter of the 20th February 1929
I have the honour to transmit for the information of the
Secretary of State, a valuation of the security held by us
as cover for the note issue of the Mercantile Bank of India
Ltd. in Hong Kong, together with copies of letters received
from the bank stating the face value of the notes in
circulation on the 1st January 1930.
It will be observed that the valuation shows an
excess of £73,732 over the amount of security required.
I have the honour to be,
Sir,
Your obedient servant,
Wat wichhard
for Crown Agents.
The Under Secretary of State,
Colonial Office,
S. W. 1.
a ju
NW