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overdrawn to the extent of £25.9s.5d. as at 31st

July 1942 and that the sum of £51,000 had been

advanced from the Joint Colonial Fund. It is noW

therefore necessary to adjust this position by

having recourse to the interest received on behalf

of the Hong Kong Exchange Fund since the 26th

December 1941.

accnomigh

I am therefore to authorise you to transfer

from the Exchange Fund to the current account now and

from time to time such monies received by way of

interest on the Fund since the 26th December 1941 as

will keep that account in credit.

I am etc.

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