CO129-170 - Sir Kennedy - 1875 [1-3] -- Acting Governor Austin - 1875 [3-6] — Page 710

701

Wength Long...

24

with

# June, 1875

Administrator J. Gardiner Austin

to

The Right Memorable

The Earl of leamarum.

of l

Salaries ofhublic Officers.

Explains the los sustained remitting to England portion of -

in

Iuggest that payments may be made through Cram Agents or the value of the dollar

reduced s

- Extract from a letter dated 16th Jane

1875 from the thief Manager of the

Hougtong

and

Thoughai Bank on

eschange operations between.

and bugland

Hougting

bochange has ruted since January (4/3% for Bank bryst Bills and it is now 4/3f/s. Buring

between 2/3//1⁄2 and;

the past two months the price of adver

has declined to 53/1⁄2 fr 07, or 1/21⁄2 7. oz lower

55/2)

than it was ever

07

before recorded,

and Mexican dollars are now

p. 07. Mere it not that the China season it now in full ewing

export season

Bxchange would undoubtedly

now decline

3 Cendesures