CO129-097 - Acting Governor Mercer - 1864 [1-2] & Sir Robinson - 1864 [1-3] — Page 417

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

410

to the Imperial Exchequer, induce me to submit a proposition for consideration of Her Majesty's Government.

By the last Mail from England (10th February) Mexican Dollars are quoted in the London Market as very scarce and "firm".

It is expected that when advices reach London of the rates of exchange lately ruling at Shanghai and Hongkong, the Home Market will be completely cleared of Mexican Dollars and their price will rise to, and for a lengthened period be maintained at, probably 63 per ounce.

At the present price of bar Silver at 461 per ounce, standard, Mexican dollars bear a premium of over 6 per cent above their intrinsic value compared with the price of bar Silver, and it is supposed by good authorities here that at 64 per ounce, the price of bar Silver would be equivalent to a premium of over 8 per cent.

The British Imperial expenditure in dollars by the Commissariat department in China, for Army, Naval, Consular and diplomatic Services, during

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410 to the Imperial Exchequer, induce me to submit a proposition for consideration of Her Majesty's Government. 2. By the last Mail from England (10th February) Mexican Dollars are quoted in the London Market as very scarce and "firm". It is expected that when advices reach London of the rates of exchange lately ruling at Shanghai and Hongkong, the Home Market will be completely cleared of Mexican Dollars and their price will rise to, and for a lengthened period be maintained at, probably 63 per ounce. At the present price of bar Silver at 461 per ounce, standard, Mexican dollars bear a premium of over 6 per cent above their intrinsic value compared with the price of bar Silver, and it is supposed by good authorities here that at 64 per ounce, the price of bar Silver would be equivalent to a premium of over 8 per cent. The British Imperial expenditure in dollars by the Commissariat department in China, for Army, Naval, Consular and diplomatic Services, during

Baseline (Original)

410 to the Imperial Exchequer, induce me to submit a proposition for consideration ofster Majesty's Government.. 2. By the last Mail from Angland (10th February) Mexican Follars are quoted in the London the M Market as very scarce and "firm" d. is at with an d * that when advices reach London of the rates of exchange lately ruling at Shaughae and Strupkory, the Home Market will be completely cleared of Mexican Follars and their price will rise to, and for a lengthened period be maintained at, probably which at the present 64 per ounce, price of bar Silver would be equivalent to a premine of over 8 per cent. at these 3 at 63 per ounce. Bar Silver quolid 461 per ounce, standard, downward tendency. prices Mexican dollars bear a premium of over 6 per cent above their intrinsic value compared with the price of bar Silver, and it is supposed by good authorities here من The British Imperial. expenditure in dollars by the Commissariat department in Chinx, for Army, Naval, Consuler and diplomatic Services, during the

2026-05-19 05:24:48 · Baseline

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410

to the Imperial Exchequer, induce

me to submit a

proposition for

consideration ofster Majesty's Government..

By the last Mail from Angland (10th February) Mexican Follars are quoted in the London

the

Market as

very

scarce and "firm"

with an

that when advices reach London of the rates of exchange lately ruling at Shaughae and Strupkory, the Home Market will be completely cleared of Mexican Follars and their price will rise to, and for a lengthened period be maintained at, probably which at the present

64 per ounce,

price of

bar Silver would be

equivalent to a premine of over 8 per cent.

these

at 63 per ounce.

Bar Silver

quolid 461 per ounce, standard,

downward tendency. prices Mexican dollars bear

premium of over 6 per cent above their intrinsic value

compared

with the price of bar Silver, and it is supposed by good authorities here

من

The British Imperial.

expenditure in dollars by the Commissariat department in Chinx, for Army, Naval, Consuler and diplomatic Services,

CO129-097 - Acting Governor Mercer - 1864 [1-2] & Sir Robinson - 1864 [1-3] — Page 417

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