CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 35

CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Valuation of securities held as cover for the note issue

of the bank in HongKong and the Straits Settlements

at the lowest market prices on the 3rd January, 1928

Security

35

Amount

Price

Value

Treasury Bonds 1930 52%

£ 425,000

101

£430,312. 10. 0.

11

#1

1931/33 4%

1,110,000

95 1,062,825. 0. 0.

1,493,137. 10. 0.

Security required:-

1/3 of $8,000,000

=

plus 1/3 of $82,480

$2,666,666 2/3) 32/-10.

$9,118,850 ↑

27-5

0

£1,203,104. 16. 6.

$27,493 1/3 @3 9/16d.

408. 2.

1.4

1,203,512. 18. 7.

EXCESS

£289,624. 11. 5.