CO129-520-2 Currency- note issue 22-11-1929 - 11-11-1930 — Page 16

OR THE

RECEIVED

-5MAR:930

COL. OFFICE

ALL COMMUNICATIONS

TO BE ADDRESSED TO THE

CROWN AGENTS FOR THE COLONIES.

THE FOLLOWING REFERENCE AND THE

DATE OF THIS LETTER BEING QUOTED.

A/476

TELEGRAMS;

CROWN, LONDON."

TELEPHONE: 7730 VICTORIA.

CROWN

AGENTS

COLONIES

4, MILLBANK,

WESTMINSTER.

16

16

LONDON, S.W.1.

4th March 1930.

2on 62821/29

opy to Treasing

Sir,

With reference to our letter of the 21st February

1929, I have the honour to transmit for the information

of the Secretary of State for the Colonies, valuations as

on 2nd January 1930 of the securities held by us as cover

for the note issues of the Hong Kong and Shanghai Banking

Corporation and the Chartered Bank of India, Australia

and China in Hong Kong and the Straits Settlements. Copies

of letters received from the banks giving details of the

note circulation and the amount of coin deposited in

Hong Kong and Shanghai are also enclosed; these refer to

31st December 1929.

2.

It will be seen that the valuations show an

excess over the amount of security required, amounting to

£706,430. 5. 1d in the case of the Hong Kong and Shanghai

Banking Corporation and to £426,933.- 6d in the case of the

Chartered Bank of India, Australia and China.

The Under Secretary of State,

Colonial Office.

I have the honour to be, Sir,

Your obedient servant,

Wat wichbart

for Crown Agents.

j

for

NW