the credit side." I note,
Moreover, from the return of the Government Bank on March 29, Balances, which was enclosed in your despatch No. 135 of the 9th April, that all cash nominal balance to the credit of Govt was $514,000 at the Hongkong and Shanghai Bank, amounting to $1,170,000.
This draft will in all probability be greatly increased when the Town Agent's drafts for the silver purchased in connection with the requisitions for subsidising troops (nearly $472,000) under execution are received.
I understand that those drafts are not for the amount of $2,000,000.
3. Even if, as you anticipate, all the subsidiary camps in hand are sold by the end of the month, this will evidently only result in reducing the draft to about $1,500,000; and I take it that the camp which is being utilised will for the greater part not be disposed of until the Chinese New Year.
4. It follows that the greater part of the current...
the credit side." I note,
Morever, from the return of the Government Bank
on March 2
29
Balances
which a
was enclosed in
Your desfatch No. 135
of the 9th April, the that all hags
nomnial balance to the
cudit of Gar was the former
odd there
andraft
Ch
date
was
ам
tha
514000
the Haykay
and Shanghai Bank
amounting to /1/70, com
プ
This andraft will
in all probability be
greath increased when the town Aents drafts for the silver purchased the
in
Conversion with the
requisitions for subsiding
(nearly
)
under.
Connor
472
execution are recurred.
Funderstand that
are not
those drafts for that of $2,000,
ni amount.
σου
3. Even if, as you!
Ad
anticifrats, all the subsidiary cams in hand is sold by the end of it just this will afferently only result in
ducing the aucraft to about $1,500,000; and I take it that the can which is
bring muited will for the greater fact
not be disposed of until the Chemise
·
New Year. 4. It follows
part
He
the greate
current
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