the Hong Kong Government

have considerable

deposits. The woult

бризвичний словый

4.ads

back to the conclusion

that there is nothing in

the present condition

of these Banks that need

cause alarm to Depositus,

though the shareholders

may suffer

dividends

Cons

and th

market price of the

shares recede. I find

that in francial cincles

62

the Banks in question

L

are placed in regard

standing

to their stabilty, in

the

order in which I

have mentioned them

Botte shareholders

above. Botte

and clientèle the

are

good, and

first two

said to be far superior.

to those of the third,

which is booked upon.

as

belonging to a more

speculative order

T

Though

during the past year

it has been less

unfortunate than its

PUBLIC RECORD.OFFICE

Reference :-

mmimmimC.O.537

C

PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE COPYRIGHT PHOTOGRAPH-NOT TO BE REPRODUCED PHOTOGRAPHIC-

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