CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 43

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COPY OF LETTER FROM THE MERCANTILE BANK OF INDIA LIMITED.

TO CROWN AGENTS.

Gentlemen,

15, Gracechurch Street, London. E.C. 3.

28th February, 1928.

Referring to the request received from

you by telephone this morning we certify that the face

value of our Hongkong Branch notes in circulation on

31st December 1927 was $18. 55. 310 (dollars one million

eight hundred and fifty five thousand three hundred and

ten) and the coin lodged was $6.60.000 (dollars six hundred

sixty thousand.

Yours faithfully,

(Sgd)

M. Sheldrake.

Chief Manager.