C.O. 13016 & RES? 29 MAY 19 616 EN CLOSURE 3 RECO PY. !
Comparative table of cost of Subsidiary Coins from London and Calcutta.
Charges London Calcutta Minting 4.074 3.728 Freight, &c. .570 .850 Insurance .167 .244 Brokerage on silver .128 .125 O.A. Commissions .125 Brokerage on bills .07 .0625 Total 5.1235 4.947A saving of say $1 per $100,000.
As the usual annual sale is about $3,000,000, the total gain per annum would be $4,280,00 besides a certain amount more if silver were bought in Australia.
If the suggestion as to reduction of rate by the P & O Coy. be agreed to, there would be a further saving of $7,500 on 30 lac.
Cost of telegrams does not enter into this calculation.
A
C.O.
13016
&
RES? 29 MAY 19
616
EN CLOSURE
3
RECO
PY.
!
Comparative table of cost of Subsidiary Coins from
London and Calcutta.
Charges
London
Calcutta
Minting
4.074
3.728
Freight,&c.,
.570
.850
Insurance
.167
.244
Brokerage on silver
.128
125
0.A. Commissions
125
Brokerage on bills
*7
.0625
Total
5.1235 %
A saving of say $1 per $100,000.
4.947 £
#3
As the usual annual sale is about $3,000,000′ 2-
the total gain per annum would be $4,280,00 besides a certain
amount more if silver were bought in Australia,
If the suggestion as to reduction of rate by
the P & 0 Coy,be agreed
t% or $7,
,500d
on 30 lac S
to, there would be a further saving of
2.
Cost of telegrams does not enter into this caž
culation
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