CO129-478 - Public Offices & Others - 1922 — Page 180

It

COPY.

1/J.

The Lords Commissioners

177

CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA,

38, Bishopsgate,

of His Majesty's Treasury,

Whitehall, S.7.

London, E.0.

8th June, 1922.

My Lords,

Under powers, granted to this Bank by Supplemental Charter.

dated 15th April, 1922, to increase its Note Circulation to $20,000,000,

we desire to make a reallocation, and for this purpose we propose to

fix the amounts available at various points as follows:-

Hongkong (to include Penang and Singapore)

Shanghai

Tientsin

Siam and Emergencies

$15,000,000

4,000,000

550,000

450.000

$20.000.000

Our note circulation in Bangkok, Penang and Singapore was withdrawn

some time ago in favour of the notes issued by the Siamese and Straits

Governments, and outstandings have been reduced to:-

Bangkok

Perang

Singapore

Ticals 4,329

42,045

46,600

We trust that this distribution will meet with your Lordships approval,

and

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