COPY:
Observation.
HONG KONG.
AUDIT DEPARTMENT.
Query No.65/B. 1932.
Reply.
Treasury.
January 1932.
Expenditure Voucher 256
Remittance to Crown Agents
£100,000 @ 1/3 - $1,600,000.
As the rate for the day
(18th January) was 1/4. 13/16
and the Treasury rate for the
month was 1/5.5/16, may I have
some explanation of this purchase
rate?
(sd.) P.L. Collisson
Auditor.
9. 9. 32.
This is part of a Contract for
£200,000 @ 1/3 made with the
H.K. & S.B. Corporation on 26th
September 1931.
Other remittances Ex this Contract
were £50,000 on February 11th and
£50,000 on April 9th 1932.
(sd.), Edwin Taylor.
Treasurer.
12. 9. 32.
13