Sessional_Paper_1887-1888 — Page 125

The subsequent issues were as follows:----

Week ending April 21,.....

$12,600

"

"1

""

28, May 5,..

4,500

2,100

12..

2,100

"

$21,300

The issue was stopped on May 16th, as the balance on hand (after 4 weeks. only) was reduced to $6,800, which it was absolutely necessary to keep for Gov- ernment use. Since suspending the issue of these coins, the following applications have been refused, within little more than a month.

Messageries Maritimes Company, Chartered Mercantile Bank,

Oriental Bank,

Messrs. Turner & Co.,

Mr. A. M. Baptista,

M. Marmande,

Chartered Bank of India,

The Basel Mission,

Pacific Mail Company,

Eastern Extension Telegraph Company,

.$ 100

3,000

2,000

30

100

50

10,000

30

200

50

$15,560

Had any notice been issued to the public when the coins first arrived, there would have been many more than the above applications.

I would add that persons so applying are of course requested to wait for the next shipment; but when that arrives, the coins are expended so quickly, that unless they are very prompt indeed (and on the last occasion we could not venture to notify the arrival of a consignment) they find they have again missed an oppor- tunity of getting some small change.

The Honourable W. H. MARSH,

Colonial Secretary.

No. 41.

SIR,

I have, &c.,

(Signed)

A. LISTER, Colonial Treasurer.

(4)

TREASURY,

HONGKONG, 29th October, 1883.

I have the honour to suggest that the Crown Agents be requested to order and forward to this Colony $60,000 worth of Subsidiary Silver Coin in the following proportions:-

No

Twenty cent pieces,... 10 per cent. Ten cent pieces,

Five cent

>>

·

copper should be sent upon any account.

60

.30

19

??

In making this Requisition I am not unaware that one shipment of $50,000 is already in the Colony, whilst another of $60,000 will shortly be on the way.

The former, however, will probably be all absorbed before the end of this year, the latter will arrive in time for the Chinese New Year, and will all be taken up within a few weeks, if even the Military and Naval Authorities do not requisition for a large portion of either shipment or of both.

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