CO129-520-2 Currency- note issue 22-11-1929 - 11-11-1930 — Page 18

A/476

CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

18

Valuation of securities held as cover for the note issue of the

bank in Hong Kong and the Straits Settlements at the lowest market

prices on the 2nd January 1930.

Security

Amount

Frice

Value.

£

Treasury 4% Bonds 1931-33

1,555,000

974

£1,512,237. 10.-

1,512,237. 10.-

Security required :-

of $8,000,000= $2,666,666 at 1/8d

}=1

$10,346,440 " 1/8d )=1,084,425. 11. 1

Flus of $81,655= $27,218 at 7 d

878. 18.5

1,

,085,304. 9. 6

Excess

£426,933.

6

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