14
The hills sent from the colony frequently tot discrented and a mine correct way of wening the Walove ment of the openlines
Will sinks home
s would be to tread the
as tring allourd
to anive of maturiley, which would be 51⁄2 months from the date of puchong in the colony.
It Will for £10000 firing a credit (less will starch) of £9995 at an Exchange of 3/9 would cost in the colony $55.333, add loss of intered in that annual for 5/1⁄2 menother at 5 per cents and Mitchel cost would be 454-53571 $54.5555 drage of 210.000
The Expenses
have tring £10 it would be mefrom l. of £9995 to miran
Mein
a
andil
the drafts to the nominal annend of £10.00€ which at fo uult, alleing fur intende accruing in the colony during transit (42 days) corte ff 54,25875
It appean sam that by selling drafts here we should not only secure economy Ich we should at the same time avoid. all the risks tinciduntal to to portion 4 bank Wills.
W.. S. 5 Jan. 85,
Sale of Bill
mi Rondon
London
de aus.
Linden
Stong Konghay recenics
*
3/8
54.545
45
100
Real Accred Colony day in
in
313. 0
70 0
$54.231.63
Calony £9990
brokernel. £6.5.
3,15..
1000
Purchase of Rice.
in Stong Kong
with discot 470.
3/9
Interest lost
in Colony
42 days 57%
wi timmait
Discontin
London
Hong Kong London
paeys
receives
#
53,333.33 10,000
306.85
$53.640.18
123 days ₤134.15.11
4.70
Bill Wamp. 5...
139.15.11
Proceeds in London.
9860.41
10
Short remitted to
reeds of Draft in Lindow of 9990 make up
£9990
To produce £129.15.11.
more sterling the Colorry would have had to pay los $702.264
in 4.04
hers discusint in
129.1511 £9990...
706.28 ₤131.13.5.
54.346.46
Londen 123
470 Will Flams
days at 1.15.6
1.17.6 129.15.11
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