CO129-544-8 Adjustment of exchange account 1-6-1933 - 31-7-1933 — Page 13

COPY:

Observation.

HONG KONG.

AUDIT DEPARTMENT.

Query No.65/B. 1932.

Reply.

Treasury.

January 1932.

Expenditure Voucher 256

Remittance to Crown Agents

£100,000 @ 1/3 - $1,600,000.

As the rate for the day

(18th January) was 1/4. 13/16

and the Treasury rate for the

month was 1/5.5/16, may I have

some explanation of this purchase

rate?

(sd.) P.L. Collisson

Auditor.

9. 9. 32.

This is part of a Contract for

£200,000 @ 1/3 made with the

H.K. & S.B. Corporation on 26th

September 1931.

Other remittances Ex this Contract

were £50,000 on February 11th and

£50,000 on April 9th 1932.

(sd.), Edwin Taylor.

Treasurer.

12. 9. 32.

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