CO129-529-2 Currency- note issue 31-1-1931 - 31-1-1931 — Page 66

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CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

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 1931.

SECURITY

AMOUNT

PRICE

VALUE

66

£:

Treasury 4% Bonds 1931-33

1,555,000

S:

100

1,566,662:10:

_d.

Security required :-

£ : S: d

1/3 of $8,000,000 = $2,666,666 @ 1/1

$3,200,355 @ 1/1

Plus 1/3 of $81,515

=

}

-859,463 12 9

$27,171 2/3 @ 1/2 = 1,669 18 6

EXCESS

1,566,662:10:

861,133:11:3

£705528 18: 9