CO129-158 - Sir Kennedy - 1872 [6-8] — Page 160

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

that the balance at the credit of the Account should not be less than $35,000 exclusive of current account, and that interest at the rate of 2 per cent per annum would be allowed on the minimum monthly balance.

On the 27th April last $37,849.77 were paid into the Oriental Bank under the heading 558272 of the Hong Kong Government Special Fund, and it is in reference to this money that the matter is reopened, and the rate of interest proposed to be lowered to 4 per cent.

Respectfully I submit that an opportunity is given for a reconsideration of the whole question with the view of ascertaining if better terms could not be obtained at other Banks.

Shane 4.0,

(Signed) C. May, Acting Colonial Treasurer.

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WVLAV that the balance at the credit of the Account should not be less than $35,000 exclusive of current account, and that interest at the rate of 2 per cent per annum would be allowed on the minimum monthly balance. On the 27th April last $37,849.77 were paid into the Oriental Bank under the heading 558272 of the Hong Kong Government Special Fund, and it is in reference to this money that the matter is reopened, and the rate of interest proposed to be lowered to 4 per cent. Respectfully I submit that an opportunity is given for a reconsideration of the whole question with the view of ascertaining if better terms could not be obtained at other Banks. Shane 4.0, (Signed) C. May, Acting Colonial Treasurer.
Baseline (Original)
2 3 WVLAV that the balance at the credit of the Account should not be less lo of than $ 35.000 exclusive opper lain, and that interest at the rate of 2 per cent per annum would be allowed on the minimum monthly balance. On the 37th April last paid into the $ 37,849. 77. were Oriental Bank under the heading 558272 of the Hong Kong Government Special Pune, and it is in reference to this money money that the matter is re-o opened, and the role of interest proposed to be lowered to 4 per cent. Trespatfully lly submit that ani 150 opportunity is given a reconsideration of the for. whole question with the viewe of ascertaining if better terms could not be obtained at other Banks Shane 4.0, J (Signed) C. May. Acting Colonial Treasur
2026-05-20 18:05:07 · Baseline
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2

3

WVLAV

that the balance at the credit

of the Account should not be

less

lo

of

than $ 35.000 exclusive opper lain, and that interest

at the rate of 2 per cent per

annum would be allowed on

the minimum monthly balance.

On the 37th April last paid into the

$ 37,849. 77. were

Oriental Bank under the heading 558272

of the Hong Kong Government

Special Pune, and it is in

reference to this money

money that

the matter is re-o

opened, and

the role of interest proposed to be lowered to 4 per cent.

Trespatfully

lly submit

that

ani

150

opportunity is given

a reconsideration of the

for. whole

question with the viewe of ascertaining if better terms could not be obtained at other

Banks

Shane 4.0,

J

(Signed) C. May. Acting Colonial Treasur

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