CO129-273 - Governor Sir Robinson & Others - 1896 [10-12] — Page 494

ALL COMMUNICATIONS

TO BE ADDRESSED TO THE

CROWN AGENTS FOR THE COLONIES.

he Honourable

Sir,

Hong Kong

Rec

9367

Res 1 MAY 16

491

DOWNING STREET, LONDON.

30th April 1896.

I have the honour to enclose a letter, in original

to be returned, dated the 28th instant which we have received

from the Hong Kong and Shanghai Bank applying for permission

to make certain alterations in the securities deposited with

us as Trustees for the Hong Kong Government in connection

with the note issue of that Bank.

The Bank is doubtless anxious to realise the very

considerable increase in the value of these Consols.

If the

proposed change is approved, the Securities held against the

note issue will be as follows:-

In London:-

£177,000.

21 per cent Consols

Canada 3 per cent I. Stock £ 10,000

Cape 3 per cent 1.Stock £ 15,000

Natal 3

W.Australia 4 %

#

#

€ 10,000

#

£ 25,000

£65,0

.000

Chinese Government Gold) Loan 6 per cent 1895 June and December.

do

-

January and July.

do

}

€ 55,000

In the Colony:-Chinese Imperial Govern

ment Loan of 1886 D.

$ 82,000.

At present prices and rates of exchange the value of these

Securities

Sir R.H.Mgade K.C.B.

Colonial Office.