CO129-284 - Acting Governor Major Gen Black - 1898 [7-8] — Page 24

T

C. 0.

17820

23

cAustralia and China, I have

the honour to transmit copy.

Enclosures

1 to 3 13th June,

18980

of a further correspondence 20th July's

the subject and to inquire whether the Bank in question

on

has been authorised to increase its issue by the sum

of.

$250,000 as stated in Mr. White head's letter of the 29 hultimo. I have the honour to be

Your

Most Obedient Humble Servant,

Black Major General, Administering the Government,

COPY

N. 957

sir,

ENCLOSURE

1.

8 40C 3

Colonial Secretary's Office.

Hong-Kong, 13th. June, 1898.

With reference to previous correspondence which

has passed between the Acting Colonial Treasurer and yourself

on the subject of the note issue of your bank exceeding the authorised limit, viz.,$2,750,000,I am directed to invite

your attention to the return furnished by you on the 2nd.inst. which shews notes in circulation to the value of $2,836,976 or $86,976 in excess of the limit.

I have,&c.,

(Sa.) T.SERCOMBE SMITH,

Acting Colonial Secretary.

HON.T.H.WHITEHEAD,

Manager,

Chartered Bank of India A.&China,