A/1139
Sir,
42.
18th October, 1934.
With reference to your letter No. 45/34 dated
15th June, 1934, I have the honour to inform you that
arrangements were made for the redemption on the 15th October
of the Hong Kong 3% Stock 1918/43. The amount of stock
outstanding was £1,485,732. 16. 5., of which £467,436. 10. 10.
was held for its own sinking fund, leaving a balance of
£1,018,296. 5. 7. to be provided to pay stockholders, as well as the authorised commission on the redemption amounting to £1,405. 14. 7. (£1,000 per million on the amount of stock redeemed) making a total of £1,019,782. 0. 2.
2. This amount was provided (in accordance with the
arrangements recapitulated in your letter dated 18th June,
No. 45/34) by the withdrawal from the Joint Colonial Fund of
the deposits representing proceeds of securities already sold
from the accounts concerned, by cash in those accounts, by
dividends accruing to them on the 15th October, and by the final
contribution on the Hong Kong 34% Stock.
From Joint Colonial Fund Deposit.
Details are as follows:
In the Accounts (including cash, dividendɛ
accruing on Oct.15 and the final contribution)
15.707. 6. 1.
22. 7. 1.
Hong Kong 8.F. 3px
544,100
do.
Surplus Funds
114,100
do.
S.F. P.V. Loan
149,100
7. 9.
7.
Act 1927
507,300
15,737. 2.
9.
These!
Colonial Treasurer,
HONG KONG.