It is proposed to bring into force from the
1st of January
Though
next
$
DESPATCH.
Governor.
Date.
1893
No.
96
10 May
Last previous Paper.
Gov 4077
Public Works Department, Hong Kong No. 9433
(Subject.)
RECEIVED C.O. 9733 (Rec'd 13 JUN 93)
Praya Reclamation Fund
By special agreement the UK & Shanghai Bank allows 4.5% interest on the current a/c.
(Minutes.)
M. Farfield - See also 19731
44
I have talked to Mr. Ommanney about this, & we think that the probable explanation is that this so-called current account - which is not often & slowly drawn upon - is half in the nature of a deposit account. The special agreement referred to (particulars of which might have been sent home) provides for drafts to be drawn only after a few weeks' notice, or at regular intervals. The amounts required are doubtless known some time beforehand with tolerable accuracy.
? Putly. 5. W. 3.22/12
W. atouri Rule 23/6 C.P.K. 22/12
it is proposed to bring into force from the
1st of January
و
Thoug
rext
$
DESPATCH.
Governor.
beson
Date.
1893
No.
96
10 may
Last previous Paper.
Gor
4077
Putly
Hong Kong No. 9433
(Subject.)
RECE
C.O.
9733
(Rec 13 JUN 33!
Praya Reclamation Fund
By special agreement the UK.
•
+ Shanghai Bank
on
the
current ofc.
allows 45% interest
(Minutes.)
M. Farfield
See also 19731
44
I have talked to his M. Ommanney
about this, & we trike that the probable explanation is that this
so-called current account.
which
Possibly
is and slowly drawn upon - is half in the nature of a deposit account. the special agreement referred to felling from (particulars of which might to have mun a Bay. been sent home) provides for drafts the
a few weeks They might
Ges-hot-
I disliker
ach fera. barous in
31% 1.17 4000-12-0
text subsequent Paper
tez. V
money
to be drawn anly
A
notice, or at
regular intervals. The amounts required are doubtless known some time beforchand with tolerable
accuracy.
? Putly. 5. W. 3.22/12
W. atouri Rule 23/6 C.P.K. 22
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