CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 27

Hong Kong. 24th February, 1928.

27

We hereby certify that the Ncte Issue of the Mercantile Bank of India, Ltd. on 31st

December, 1927 amounted to One million eight hundred and fifty five thousand three hundred and

ten dollars (1,855,310.) against which security is held as follows:-

Is sue

$1,855,310.

Security Deposited with Crown Agents

British Government Bonds

Nominal Value

£180,000.

Market Value 31st December, 1927

£182,700.

£182,700.

@ex. 2/0.3/8 = H.K.

1,798,892.

Coins held in Hong Kong to order of Hong Kong Government

660,000.

2,458,892.

Rottallifa

Colonial Secretary.

Chulueren

Colonial Treasurer.