TXT |
| [...]S-La-39 Legacy Hardcopy Records Container S-La-39 08/3662 Reserve Bank of Australia[...]11 II II II II II DII II Secretary's Department - To London (Indexed) October 1927 - August 1928 • |
| [...]S-La-39 ardo 6,514optm alo 523 is2C eVo 01 ,J‘11 10, g3, 55/. 4-61, §t 3, 64 A9 °s"6 Loa . arneL y ci/Thyuc.,1 da- a.,,,I.40/0614.0 (4/ 94,FA/44.p.4, m |
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| [...]e57 ci -60-y 53o 144'1 2&ibc (1 Cllail/ar[...]44 anity hvan,,q, 1304/06/0 411,0457- 66.14 c)17, / 1.3tatoj d.60"AoiL/6. is 1,),a/rvki kyrvrirta gaftie173a/r/tieiv4,0e[...]V L34/ Hci M4i617A6c a 43 tiwJ 14t ,,,60arniAta.eat },543, m t a /1 cj ) Alif:aa) 13a74 11/10.44,71 0411,c6i, , /34/vat 6o- pro7tiwidi,d,t6aic 13.f4"1/7n,dt , • 14 o, (44 AA/Yld- 1/) ,Aitit 60Thlia/n/t1 517 , ilv&C49'4I[...],5cia .11 /Vat 6,editA,c iliaitialo 4140[...] |
| [...]S-La-39 6 /heout itite C4/0t- hii hi Alva CrA, SA 46, P6°00.000 Obanlac 521 6428 5301 5:49,6443, an., i69 641 Ig16(q, (222. da/6nvynh Admet 113, ori‘ntniaif /14 c5siV. efit F 6 za,. ‘4406461).14 64i4:- 05)&3 1'91 boa[...]a,„gt AI 556 AC 170 -40 90111, Y11-711000 G.25. 61A? ($69 IA fAl AL h; pthloloyv ,, -44 6 -6>ciclit 45:16 c5,5-1 , . (0,0kntiam,ta_& oVa4lti[...]_oy 6.0 6 (A %IT)", aJ-„4is1v, C43. el57. 050)'3 619 IA/ - atii,l , eaux/ _ i/ca,' Bea,ni,'' 622 0, _,(57( „ative WL4-6„,t6 7 cazo.' 6.2,z, ite“6 1 olute4 5q') hod 4 &I'6ite7n /fikilt VI argolaklY 00o coo 6 70[...] |
| [...]kom 6' ;- 6--/gF dpfra49 .C.921 641 tv). . 0/1 zoop000 i 532_ 55t ; c5441, 5 0,616, qs.3 tD qq 4_ dek,- l "6 ((Ski) 62_a_dit;vicv AZ5"64 r/C, -&,e/vvrtaitt= ( Fa4c) '61! ovilto[...]575 _tyta,(A/ (tuuLt450 01)-0 0-6`v i (9-0 bc9-1[...]l 0,470 53g: Ai]G(}t, I Re,View, 1,924 N I 61q, "O. A4,1)111127, 3-41, 4,NAST/d 6. 0-6cfrri,G14,0,044e, . -6AtiprifiotiT,[...]Gym, 591. 60/7,0/. -6jfrie 541, 54-'1'5507i , 6tiviita 1/64;0-yi 46). kit 622 CAA 6-4,593 61Aknia2444.‘ half 5-#1 - r346 -epti[...] |
| [...]i ( 6/3 ge/ziC a./y,/k 613. adirn.P.4 561‘ 1"'"11[...] |
| [...]$2.3 ifita sn gcm 6u G. Na4/nAka-n Id 0 $3,-54 iciwilhili, 44 - tiitet A go-,5-6! /121/ (2% 4eiviiv gh# -/[...]/.21,21 Italia, dcw7,-NA. kfrkona-)7d Y01604 J'fC[...] |
| [...]' ;1724/iitofryi/ci., Ctivta/r; ilf;' 406[...]ic -C, • 163 SG4 564 1"), c"%ig sqt 4'13, ov 5613 (20-0 (0 ADZ I[...]a/net, CerveA) awl r.73 6L4T-zA' 40. )riztiriz lin I 543 Wei/6/44-uzn-o |
| [...]Y/04 col-ce J41/ 43 S441. 5#75#1,5a7. §'S3,56,e560, 5'61, 563. )64t, $7o. '701? 3179 SSI,1 o Jql 60-0 (,();.3 44 .1 3:6 6.22 .Sly. 5,502. 5,6, J44 37‘ • 623 AL 30- - v1 SI J.33 0)56 sip • • 5 /4 J-3z. a36, ‘90 |
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| [...])--t '4 f 10-it da404 Jio.s.p.634.54 s71 11J oV. Na 6 P 15: ,51,70,e54q 47/ /014/C-0 -50?$, 563 gah 530544 C1 d2L avncii 55q, 6A,t 3.31 ,Y6V 443, gvutikt,[...]-Wt 534_ hat( g4/ 4i•ff 61 /e 414:7 U6-1/4 iT I/Ai/vim a4-44,7 I1,t, 5C-3,'"03 |
| [...]6g2. 667 i/ da# It 60-7,01 einw 5oci I,[...]5g. Likiel o T g 91614,,',c (556, Iff - 4,c A, al OAA-gaiv _iti/ci, $,V ), 566s -6170 di /3X ) dwititAIL i:c i.54% atAr.1 q f3aliv4c, ,Y9.0. 62z Matuml ai/r4 - a, ,), 541406 ,(4110Thitiv, 70 4 -6 69, aiamot, 13Aavidi k/uA[...] |
| [...]9 .)‘42 564 Sao kitikkidardi Ala Boa 531 6ii Pk f YAcw-eiwq0?6,1.5,,,53/. 541 ,64q 563. kaivia;-/q io ./61 • ez,,i0v4,111 6-41551, oik/v- m6(Aick 72,a, kiy&h,24,.4,vvi 61-AP /14 |
| [...]Commonwealth Bank of Australia, 36 - 41 New Broad Street, LONDON. E.C. 2. Dear Mr. Armitage, Your letters of the 19th August have been duly received and the contents noted with interest. Regarding the establishment of an Agency in New York, the matter of preparing a Power of Attorney for Mr. Mason is in the hands of our Solicitors and will be sent on as soon as completed. Regarding gold shipments and your suggestion that the difference between the cost of freight to London and the cost to 3an Francisco should be borne equally between the Federal Reserve Bank, the Bank of England and the Commonwealth Bank, has not yet been considered by the Board, but is not likey to be approved as we are fully of opinion that when the time comes for further shipments we will be able to make arrangements at this end for freight not exceeding 7/6d. possibly less. Had London left the matter in our hands on the last occasion instead of communicati[...]uld probably have made the arrangements in regard to that shipment. We do not, however, desire this information to be conveyed to the. Shipping Offices, although there will be no objection to your advising the Bank of .England confidentially of our views. The Treasury have not yet announced the terms for the big Conversion Loan, but we are expecting them to do so at any moment. Th[...]to be underwritt- en by the other Banks and ourselves at a fee of 10/4. We had some difficu[...]line owing to the stringent conditions at present prevailing in Australia due to the dry s[...] |
| [...]G ,e are in recei, f your letter f the 13 ultimo whtch crossed with ouru the 4th Augusit containin6 ur advice as to the manner in which we desired the gratul y an relative bank ubsidy dealt with. fe would intimate that cox 'ncing from aot year ao ux followin6 the practice Jr °hare nit.; to "Administra 11;xpenses" 11 gratuitous payments such as this made at tiat.,1 various u 6,nche 0 0 oars pestdn ng. - ranche.s dra[...]lor th allu)unt involved. Hogiever, in view of your action in this case, in order that there may be no delay we have instituted the necessary[...]ve lax en* deuited saluxy 4,83 6 8 lien Subsidy 2 18 6 4 9 f coral Superanuation Fun0 Credit contribution 4:2 1 8[...]to London e have als remiLtLAI to you sc.) /14 lod. (T tyon,o pounds fourteen. shii1ings and t;n' ng the usual refund of .6.?. contributionu. Yours rai id ly[...]or. PI se havt., e rIclosed form of reoei etc returned to 1. office. |
| [...]of wrote you last on 5th instant, and have now received our Letters Nos. 286 to 271 inclusive all dated 8th September ► 1927.BANKL§ ....1KOJAIM. Copies of correspondence enclosed with your No.266 have been received and noted . LONDON FUND ec FINAN - Your No. 26 We are obliged for your advises under the above headingl which have been perused with interest. AGENTS & CORRESPONDENTS. NATIONAL BANK OF EGYPT. Referring to your No. 270, when the copies of the |
| [...]-La-39 - 2 - above Agent's revised List of Authorised Signatures and control documents come to hand they will be forwarded tothe Branches concerned. PAREAWPIEEL_REDEs now BAN UR SALOMON ALHATIEIFF PIL(- RHODES ETC. LC. We thank you for the advices in your letter No.270. Our records are being suitably amended and Branches circularise a[...]COL. & OVERSEAS LC. The specimen signatures, documents etc. mentioned in your letter No.239 have been received and distributed amongst our Branches concerned. 1112_1140I4111E: 130EHMIS[...]AtL LO. We aft pleased to learn from your No. 260 that arrangements have been made for Capitals to -sue direct T.T on Prague and note that for the present the Boehm4sehe Escompte Bank do not desire similar facilities on Australia. A copy of our Private Telegraphic Code is being forwarded, and we are advising them of the fixed numbers which will be used by our Capital Branches when authenticating T.T. messages to them. With regard to your final paragraph we do not intend to allot the Boehmische Esoompte-Bank und Credit.Anstalt |
| [...]- a fixed number until such time as they'destre direct T.T. facilitiei on Australia. As mentioned In our letter N. 389 of 18/1/27 all messages despatched by our Capital Branches are authenticated by the Capital Office using the[...]POSTAGE STA PAPER. BL. We enclose herewith copy of lettOr dated let instant, received from the General Manager of the Note Printi[...]er with the sample sheet and packet of pieces referred to in the final paragraph of his letter.[...]the notice of Mews. Portals and advise us in due course. jIMBASGE Og AUSTRALIAN NOTES. •[...]the following constgnments of notes by steamer were made between branches during the week ended S[...]Per. Amount. 5/10/2 bourne eldpey Ormi ton" C50[...]Brisbane 176,000[...]Total...... 46 it A,788 000[...] |
| [...]POSTAGE STAMP PAPER • I am in receipt of your letter of 20th September, and note your advices for which I thank you. regret to report that our further experience of the paper has only served to emphasize the difficulties referred to in my letters of 26th August and 17th September. We have persevered hoping for better results. The paper continues to show a poor surf[...]and delays. The machines have to be stopped frequently so that the pieces of dried loose pulp,(which apparently have been glazed with the sheets) may be removed from the formes. This is a very serious[...]causinE, philatelic consternation. I am endeavouring as far as possible to safeguard against such happenings and have fourteen girls examining ar.d sorting out the stamps after perforation; our normal staff on this work is two or three girls. In all my experience I have never seen paper so un- satisfactory in this respect. An examination of the bulk stock (105 cases) reveals that the cases are marked, variously, 2x7, 2 x 5, l x 9 or 2 x 7[...]not for some little time after the first cases were opened up that we noticed the different markings. So far, the paper out of the cases bearing the last mentioned marking is reasonably goodl but that out of cases bearing t[...]s very troublesome. In an endeevour to make the paper suitable for printing I[...]mmunicate with Portals Ltd. although, as you are aware, we have received the full order from them.[...]we complain. Yours faithfully,[...] |
| [...]S FROM LONDON. Dated 4.10.27. 3-frures Extracu. ITETTIT- Commonwealth Governmens Accounts decrease due to payment to British Treasury State Government Accounts decrease due to Bank of England account of queensland State Government also interest on State Loan Dated 0 10 27. No. 414. On account of Lorthiois Freres, S.A., we establish a Documentary Credit in favor of........ in exactly si:ilar • terms to our Credit 916 to the extent of £50,000- available 30th September next year. Record as our L/C No. 33. Red Clause full extent. This credit is also available at Lelbourne and Adelaide and other 7ranches. Dated 5/10/27. No. 415. Referring to your telegram No. 678 Head Office debited £46,000-. Latest advices quote - New York sight rate on London 4.86 13/16 Montreal 4.86 France T.T. 124[...]15 Czecho-Slovakia T.T. It 164 3/16 Germany (Reichmarks) " 20.41[...]Portugal 2 7/16 It Calcutta 1/5 61/64 Shanghai 2/6 11 Chefoo'(China) Dated 71c?J. No.• ---416. — Rtiiiierring to your letter of 17th Au7ust 484 silver received Commonwealth Public Acco'nt credited £4,950-. New York sight rate on London is 4.86 13/16. Dated 7/10 27. No. 411. u ject to your approval, wo establish a documentary credit (London form C.B. 1) favoring drafts of Amalgamated Freezing Coy Victoria Ltd. at 30 or 60 days sight to the extent of £20,000- available for 6 months covering invoice value less 2 frozen m[...]ded and including War Risk to be effected to your satisfaction. Certificate of Insurance or Lloyd[...]Policy to accompany drafts. Available Melbourne Only - Record as L/C No. 54. Kean reported by their Bankers as quite good for a[...] |
| [...]S-La-39 City Council Loan would be regarded as extremely large not being Trustee security. Recommend £2,000,000 to be followed by further £2,000,000 as soon as market admits currency 25 or 30 years probable issue price for 5% not less than Z96/10/- or for 54 not less than £99.10.-. Latter would be much more populat with investors as was clearly proved[...]th Wales State Government loan and would be more quickly absorbed enabling another i sue to be mad[...]his loan at not exceeding par and accrued interest. We are quite prepared to consider Brisbanz City Council and Metrop[...]ncil out of the way. Has question been considered of Government guaranteeing Metropolite Water[...]s class investor in non-trustee stocks look more to nominal rate than actual yield. Possibly a State loan rill he issued before Sydney City Council which in that caze will h[...]s. Collins has cabled Prime Minister Canberra regarding coming issue. Dated W10/27. 4574ist. Sugarlrices - Oubas B. 96% polarisat 6 • • s 12/9 Amepican granulated...W.00000a* 00•4 16/ • Canadian granulated.... *04*•0** 16/- October delivery Java[...]Java average 17 tel quel. .............. 13/6 October, December[...] |
| [...]670 Dated 51 2 7. 0. Commonwealth Conversion Loan £36,000,000- opens to-morrow for cash and conversion subscriptions. Price of issue 981%, Interest 53 per annum from date of lodgment moneys, Interest subject Commonwealth taxation but free State taxation. First interest payable 15th February next. Optional maturi[...]r 10% on application 25% on 2nd November 1927 63-?‘ on 14th December 1927. Conversions restricted 4i% and 5;"L loans maturing 15th-December[...]e effected on 15th December, 1927. Converters receive on 15th February 1928 two months interest at 50; per annum also cash bonus Z1.10.4 on[...]1927 should be detached from Bond. First interest due 15th February 1928 on all cash and convelsion applications payable to subscriber. No closing date fixed Treasurer reserves ri ht to close loan at any time. Dated 5 1C 7. No.678. Pay to Bank of Austr[...] |
| [...]1,-inc, the rew wonthuFe :^12de advance*4 tc.4 .„1.4,s[...]account to the too bodies$ such advances at ,prezent watevritinGto•approxim-A:.1j ,$[...]r board* Thcze. t'Gvances al:e to LC.4 re-v,id u bL cisLues tc Le made by the b[...]royide utLr E4cciaallwAion at f4 te when oar resource:4-2 will ,44 Le requited in connection with the Commonwealth converb[...]1st instant advisi that the Jater !,:oard desired to float a loan of g1$0')1 0 )00 in r or Lovembe': und that the :6risbane city Council also cteoireti a ican Of s:J4,5J1.4.34j. iV'e have now received your iya6visiwi tht the LonCon market is quite prepared to con:Ler when the Sydney City Council loan[...]ve also been in touch with the ic Tork mariot regarding the Ater Ioard loan and have received an in6loatiOn Lit a 5, low could pro /111,y be ;,ssu[...]it is probable that the New York warLct would require tLie guarantee of the ueensland Government and we are at preLlent in communiction with the oard concerninz this mowtter. ior your information might utate that the New York market appears to take the view t71„t the Commorpmaltb lwirtrrment i[...]uncil on wAich the Commonwealth Government iJ re,:esented alAcoic, Janction any loan issue t#at i4[...]t* .e understand that the oeensland Ire-;3urci will bring this matt3r up tor[...]1,0n Council and we nttt no tjtrieulty in Ole retvrds the outcome of the ,tue, eno land 'ere . :,k,Arer cussi on with 14e .Loan Council in this connection we .ii,ave nut yet aproached the,4tieric!ian market c cernin the brisbanc City Council loan, It,kard to your LwaelotiOn that the Bizbahe
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| [...]would appeal to the Council 1.t the present times nor have they at present the power. The cable advicu receiveti from you and from New York will be coniAdered by the Dank 13o rd el all fur hot communicate iith jU by cable in the course of a :Ctrs daye. Yours rnAthrully,[...] |
| [...]We thank you for the advices contained in your 271 • With regard to the discrepancy of £3.8.2 we had noticed the overcharging of the premium and we drew on you for the amount in question, the relative charge no-Fe being,[...]e dated 5th instant. 7„e have credited the amount of your remittance to Suspense Account Elranches and should he clad if, to finalise the matter, you would return the amount on your next debit note to this Office. From your advlces it appears that the overcharge was no[...]have simplified natters if the amount of £3.6,2 remitted in adjustment had been forwarded by the sam[...]ad of a week later. Tours faithfully, |
| [...]Dear Mr. LcComas, Mrs, Andrew Fisher has spoken to ri:e about her third boy, Andrew Wallace Fisher, who has just metriculated and is anxious to secure employment as a clerk in the Comonweal[...]good officer of the bank. It is to be regretted, however, that his age is about 18[...]t school until a few weeks ago, and therefore is not leaving any other 6mployment It has occurred to me that the Board of the Bank migh[...]g to waive the condition as to age, in view of the fact that his father, the former[...]as the founder of the Bank, n'no fel sure that the Board would not 11;,-ve reason to regret doing so. MT* Andrew Fisher, senior, is very far from well[...]!, members of his family are living upon the savings he was able to rake during •his career, and the ladts appointment would he[...]to the ftmily. With kindest regards, Yours faithfully,[...]Commonwealth Bank of Autr ha M lbourne
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| [...]wrote you last on 13th instant, and have now received your letters Nos. 272 to 281 Inclusive dated 12th[...]BANK LTD. /' The advices in your No. 276 have been noted and our List of Correspondents amended as necessary. With regard to ftstgate, this place has been deleted from our List of Correspondents, but according to our records it has not been included in their list of offices authorised to draw on our Branches. COMMERCIAL BANK OF GREECE. We note your remarks in regard to the above. SOUTH_ AFRICAN EXCHA[...] |
| [...]We thank you for the advices contained in your No. 273 and note with pleasure the arrangement made with the Bank of England regarding the t4,50O,000- left with them. B • Enclosures with your Uo. 274 have been received, for which we thank you. BANK'S PR[...]DE - BANK OF ENGLAND. You jo.274. In view of your advice we to-day forwarded you a further copy of the Bank's code in case the one f[...]that the code book de patched to-day includes our private section, and if .t is necessary to pa[...]irst see that the private section Is extraced before hand. Should the other code book have reached you, however, you may retain the code sent to-day for your own purposes. LONDON B alma A4RANGEMENT3 GOVERMENT OF TASNANIA. We are obltged for the full information embodied in your No. 275. The text of your cable message of 12th ultimo was conveyed to[...]Government, hut so far we have heard nothing further from them. As already intimated it would • appear that they referrtid the matter to London for advice as to[...]issue. de will keep you duly posted regarding any developments in connection[...] |
| [...]TAME adve es contained n your No. 281 are noted withCONTINE TAL BANKS. Revertin to your o. 185 in vlich you enclosed schedule of Continental Banks Accounts kept at your Office would mention that copy of such schedule has been passed on to our Capital Branches, who wherever possible w 11 influence business through those[...]n behalf of the above Council, and thank you for your reply that Nivlson & Coy recommend the issue early in Jailuary.We note that y[...]r on the suggested terms. Your faithfully ,[...] |
| [...]act....... New York sight rate on London, 4,87 3/16. Dated 12/10 27. 10. 421. 3ecuritioe tota[...]eld on account of Note Issue Depar $.:nt, matured to-day. Re d Office credited £4,366 • 13 representing difference between face value and cost. Balance of proceeds credited to Note Issue Department Zipe ial Account,[...]he Note Issue Dem,rtment British Gov ernment Treasury Bills as follows:• Face Value Z400.0 000 Cost Z395,633 8 8 Uaturity date 12th January Rate of Discount Z4.6.771 . a0 Latest advices quote[...]# 4.87 3/32 Eontreal # 4.8641 France Tao[...]Czech° -SIovaki4 T T ° 164 Germany (Reichm*rks) 20.42 Portugal • 0 2 7/16 Calcutta # of 1/5 61/64 Shanghai 0 *[...]held an account of Note Issue Department matured to-day. Head Office credited £1,091.13.4 representing difference between face value and cost. Balance of proceeds credited to Note Issue Department Special Account. We[...]the Note Issue Department British Government Treasury Bills as follows:- Face Val[...]00 98,908 6. 8 Maturity date 13th January Rate of Discount £406.70 p.a. New 'York sight rate on London Is 4.8[...]anxious to keep Sydney and Brisbane on London market and with 40 years' experience strongly expresses oPin404104-t-44ch borrowing will not affect Loan Council in any walreutimWt4f',.. 4ttTrustee security investors are quite a different class. Co11104,takes view that all such operations are regard ,d by market as 4z4ra1ian borrowing and react accordingly. t |
| [...]tained by New York it would be advisable to direct some at least of such loan to that centre as it would ease strain on London market assist Bank of Enjand in protecting their gold reserve and engender desirable competition, I me[...]New York financial leaders that Commonwealth Treasurer had inti,. ted that provided terms were equally as good Wan Council would in future go regularly to New York market for portion of their requirements and would not wait• till driven there by London and they and Governor Bank of England consider this is wise and will suit both markets. Lord aendyne will probably oppose going to New York until London market satiated but Collins and self think that to obtain best results both markets should be regularly employed. Dated 15 27. No. 434. Referring to your tele ram of 13th October Maslin is leaving fo[...]armanian 29th October. Latest London market quotations(after deductinz accrued interest) of the following securities are set out hermander; Commonwealth Govermen[...]£98 5 N S.W. Government 5 1945/60 97 15 Victorian Government 5[...]98 5 queensland Government 5% 1940/60 98 15 • S.A. Government[...]ramway Tot. 1944/54 99 - Melbourne Tramways Bd . 1944 93 Bri[...]92 10 New Zealand Goverment 1946 101 5 South African Govt. 1945/75 99 15 We have to-day credited Head Office with £82,162.10. representing interest on securities held on account of the Note s[...]. No.42: Staff. Miss A.M. Serjeant has tendered her resignation from the Bank's service and wishes to be released on 31st October- reason for resignation is to be married. Referring to your tele- gram or 15th Ootober R. Nivison & Co. recommend issue early January • Will telegraph suggested terms near time of issue. Referring to your Vele No.683 Head Office debited £33,000 credited Z41000. ?New Yorkht rate on London is 4.86 15/16. |
| [...]-39 - 2 - STORES - NEW CIRCULAR LETTER OF CREDIT AND LETTER OF . INTRODUCTION. We desire to inform you that we have now received advice from our Note Printing Branch that they will be for- warding you per a Bay Liner leaving Melbourne on 26th October 4,000 specimen copies of each of th[...]he Note Printing Department will advise you direct regarding the name of the boat and the Bill of Lading. From the Stores Department, Sydney, we are also arranging for you to be forwarded a suff[...]sed slips, notifying the chpage of paper on which our Drafts and Documentary Credits will be printed. These forms will be sent by registered packet post. • The new forms will be put into operation as from thi commencement of 1928. Upon receipt of all these forms, we shall appreciatl your drawing up the necessary circular of advice to cover the distribution to our Agents and Correspondents throughout the world who encash our direct drafts or negotiate drawings undo] our Letters of Credit. // DIRECT T.T . FROM AUSTRALIAA, ON FOREIGN AGENTS - Your N..283. We thank you for th[...] |
| [...]Dated 18 10 27* o, abject to your approval we establish a documentary credit with red clause (London form 0.3.2) favorinr, drafts of Thomas and/or Thomas 'Aycock at 60 days sight to the extent of £100,000 availa[...]unt Bradford insurance including war risk-covered on this side. Red Clause advances to the extent of £100,000- current at any one time. This credit is also available at any other Australian points at orediteet s option. Record as L/0 No. 57 Gaunt in a large way of business and reported good by Seyds and z;nkers. Dated 9/0/27. ro-.42d.iaerrinr, to your telegram No, 894 Head Office debited £29,000. New York sight rate on London is 4.86 15/16 Dated19/10/27 f S, erring to your telegram No0685 Head Office debited Latest advic[...]New York sight9 rate9 on London9 is 4.87 3/16 kontreal 4.86 9/18 France T.T.[...]Czech Slovakia s et 164 ,• Germany (Reichmarke)" ts 20.38[...]Calcutta II 1/5 61/64 Shanghai 0 2/6re under'wri t ing to d 4,40 000,000 Victorian S[...]d */ 10 7. o. 43 erring to your telegram of 19th October favor Thomas Laycock[...]k New York sight rate on London is 4.87 3/16 . 10 27. tvison[...]be underwritten Tuesday and issued Wednesday 26th October. Instalments due 55 on application[...]ember #302,,; 21st December, 50 30th January, 6 months interest payable 1st July. Referring to |
| [...]0 432 date' 2 Contd your telegram of 10th Oetober prospectus 1824 states p[...]al value. Cable states rating power unaltered but that present rate is on, unlmrroved capital value Please reply at once. Dated 2 10 27 No 433. Referrinc to our telegram of 25th August please advise Uits[...]4 York have Increased amount our Letter of Credit 38 by Z100,000 making £250,000 outstan[...]rafts may also be drawn at 30 days sight - Red Clause full extent - all other conditions as before. 10/27. ,3.4 vis[...]5. Sugaririces - Cubas B. 96 polarisation 12/9 American granulated 16/ Canadian granulated 16/ October delivery[...] |
| [...]as T.Ts to the debit of this Office Receive fram Commercial Bank of Australia Ltd. the sum of Z4 000 as a T T. for credit of this Office. Bonne 11 In view of r ceipt of your Charge Note Zal -5 -0 return our rem!, ting warrant dated 7th October when received. Referring to your cable of yesterday ou ma accept the resignation of Miss Sergeant to be released on3lst October salary being paid to 15t[...]on to S.F. on full amount of salary paid, and remit to this office with relative Bank subsidy. Pay to:[...]Dated 2". o. e erring to your teleg am of 18th instant 427 Letter of Credit approved. Should not name of favoree be Thomas and/or Thomas Norman Laycock. Pay[...]27. tarring o your elegram f 7th October Sydney City Council aut[...]snue pricy not less than Ra9,10.- per cent currency 25 years. ?lease ilapress upon R. Nivison 4c. Co. urgent need for matter to be arranGed promptly as previous disappointment has antagonised some memb[...]loan to be arranged without any delay to ensure continuance relations. Uutnal Life & Citizens will underwrite a000000 please arrange. Purther Z200000000 desired as soon as market permits* Plias. keep us advised regarding prospects. Purpose of loan Eleotrical undertaking and City Resumption population metropol- itan area 10070,500 unimproved eapital value lands[...] |
| [...]7 same as April, 1024 prospectus present rate unirgproved capital value uncalled rate value 214. in pound amounting to £704,212 per'annum revenue of City last year 2,321023 expenditure £3,447,680 including Sinking rand Contribution £130,659 total debt 31st D0Oember last £14,280,088 Walking Fund 1,867,80O and further investments proceeds,snesof residue :Lands £493,000. Loan issued under same acts as in April, 1024 ?LLQLa7 No, 667. Referrinz o your t elegram of 7th October No • 430 Sydney City Council agrees Sinking Fund clause in te'ms of your telecram of 20th October No. 418 Sinking Fund new Loan £17,730 see Section 26 of 1905 Act, Dated 22J1Of27. o. 3. Re erring to your telegram of 21st October No* 432 Sydney City Coun[...]3d, on urAmproved capital value or alternatively 6d. on unimproved capital value same as 1924 'prospectus Dated 24L1W27. To Mr. ArmIta 90 Referrth6-1757F66F-ti egram of 14th October No.423 ree with your suggestions generally* We desire to work in nloi it liaison with the Bank of Enj1and ted 24 0.690. erring to your tel increase Lotter o redit approved. |
| [...]We wrote you last on 25th instant, and have now received your letters Nos. 287 to 290 dated 26th and 29th September, 1927.AGENCY ARRAN EVENTS. National Bank of the Republic - Salt Lake Olt Utah.--/ We have been advised that the above Bank, which appears in our list of Correspondents Booklet and Balance Sheet, has been closed for some time. We shall be glad of your confirmation before amend- ing our records. NOTE PRINTING BRANCH - STORES. Vie should be glad if yoit woul[...]ns Ltd. of London,-for the supply and delivery at our Note Printing Branch of 5 cwt. Crimson Madder |
| [...]S-La-39 No. 6 Dry Colour, to be identical with that supplied by them in Deoember 1925 at 3/6d. per lb . F.O.B. London. NEW CIRCULAR LETTER OP CREDIT AND LETTER OF INTRODUCTION. Referring to our letter No. 517 0 we are now advised by the Note Printing Branch that they were unable to forward the Specimens of the above forms by the mail closing on the 26th instant, owing to paper difficultias. These have now been overcome, howiltver, and we are advised that the forms will be sent by the Commonwealth Liner which is due to leave Melbourne on the 9th Instant. As previously advised you, Bills of Lading and further advice will be sent from the Note Printin[...]Following on the cables which have recently passed between, us, we now enclose for your information copy of the City Treasurer's letter to us of 26th instant, together with copy of the Council's Resolution authorising the issue of the loan. In view of the advices in your cable No. 41 of 7th instant, we presume you will advise us as soon as a favorable opportunity appears likely for the placing of a further £2,000,000 issue on behalf of the Council. We presume that you will advise us as early as possible regarding the denominations of the debenture, desired. |
| [...]ing consignments of Australian Notes by Steamer were made between Branches during the week ended Satur[...]. To. LE. Amount. 26/10/27 Melbourne Adelaide Ferndale" £355,000[...]Oopies of the balance sheet as advised in your No. 288 have come to hand,for which we thank you.[...]TEARS. Tho advices contained in your No. 289 are noted and remitting warrants for the amounts referred to have to-day come to hand.BANK CHNUE,'... 'four No. 289. Entriesin connection with the return of the amount of 2/10d. representing over for cheque in favor of 3. Hadland have been passed by us to-day. You will have sin e received our No. 506 of the 20/27 in his connection. |
| [...]' 311FUR FFICZ[...]r,YDILIV 26th October 1927. The Manage r Commonwealt[...]CITY Referring to telephone messae from your Mr.Latham I have pleasure in attachinG the following particulars in respect to the 4uthorities under which the Lu[...]of the City of ,4dney pproaches the mone market in the flotation of a debenture lon. The Resolution of Council which authorises th iuuc n[...]tant, and copy of same is attached as it appeared on the Agenda '4Jheet. It will be noted that the rate of interest mentioned, was inserted • to prevent any publicity of an offer that had been received. I also attch a copy of my report which Nrs the cause of this Resolution being parsed. 4,s to the Authorities from the Governor in Council required under ..decti(-)n 23 of the 1905 Act, tota11in6 8550 76 they areLiade up as follows : For the purp[...]lectric Light 'i1 $ 104,698 Resumptions 3,047,998[...]1750000 5treets Loan 352, 5'25 • Yours faithfully,[...]City Treasurer |
| [...]Utetin' Council flTh t with regard to the resolution of Council of 14th September 1927, directing t11,11 public tenders be i_vited for loan monies, in view of report, dated 11th Cotober 1970 by the City Treasurer authority be given to borow Two 114111iun pounds (i:20 000,000) now, to be f611arcd by c. fi7rther Two million pounds (2,000,000) as soon the market admits, the rate of interest for such 1.0ns not to exceed iivt and five[...]Lord :,:Lyor, the Tovn Clerk and the City Treasurer be ,uthorised to place such loann, any rCsoiation of Council which rould prevent the above being rescinded in so far as may be necessary.° 41, -EV10/2,6 _ - j. S YID N |
| [...]12/9 American granulated 16/ Canadian granulated 16/ October delivery•[...]£170130 together with compound °interest at 4r0; will be provided," quotation ends.[...]Victorian Loan oversubscribed applicants receive 4e. market opened discount since improved to par. Dated 25 10 No, 437 1 okl fi ures. ' u,) No[...]York and anticipated date of their arrival there, General for South Aas tealio[...]rnment in Adelaide Stitt exchange arranged your side. Subject to your approval have accepted the amount and credited Head Office, Referring to your telegram of to-day R. Niv-IsOn & Company will undertake to issue t200,000 Perth City Council 5% debentures currency 30 years at issue price not less th[...] |
| [...]ote New York sight rate on London 4,86 7/8 ontreal " 0 4.86 France T*T 0 124.10[...]11 Germany (Reichmarks)" 0 0[...]Portugal 2 7/16 Calcutta it 0 1/8 61/84 3hanghai I. 0 2/6-1 It 0 Chef[...]Date. 27 10 27 o. 0 Zubject to your approval we establish a documentary credit in favor of Amalgamated FrO,zing Coy Victoria Ltd. in exactly similar terms to our credit No, 54 to the extent of £25,000 available 27th April next. Record as our L/0 No 59 Dated 28 10 27. No. orrin, to your telegram No. 693 Head Office credited £200,000. New "fork sight rate on London is[...]27 From Mr. Armita, o.• ease rep y o your e egram of 26th October to enable me to make arrangements return journey.• |
| [...]S-La-39 0 27 No, 443. Referring o your telegram of 29th Ootober we have credited Melbourne Offlee £125,000 Referring to your telegram No.695 Head Office debited £56,000 and credited £1,O00. Latest London rket quotations fatter deducting accrued interest) of the following securities are set out hereunder:- Commonwealth Government 5% 1945/75 £9810 N.3.W. Government 5% 1945/66 96 .., Victorian Government 5A, 1945/75 97 15 Queensland Government 5% 1940/60 98 5 6 1945/75 98 • S.A. Govern[...]99 5 re' 1939 97 5 Sydney City Counci[...]amway Trst. 1944/54 99 'bourne Tramways Ed ., 1944 93 15[...]93 N. Zealand Government 1946 101 10 , Arrimm Government 5,Z 1945/75 99 15 Referring to your telegram of to-day will telegraph Thursday regard ing Brisbane City Council and Metropolita[...]iso) Now York sight rate on London is 4.88 15/16 • |
| [...]S-La-39 ted 23/1C/27. 66i. Referring to your telegram of 25th October No. 436 City Council statement for prospectus confirmed* to your telegram of 24th October No.434 Perth City gun[...]00 loan for extension gas and elestrical plant currency ZO years. If Nivision & Coy desire quote will you cable us immediately terms. d27/10/27. errins to your telegram of 26th October South Australia Sate Governw4nt transaction approved. Renew Note Issue Department British Treasury Bills £250,000 matur durirr November. Dated %L 0/27. 6.G3. ReNrri to your telegram of 27th October 440 Credit approved. . Receive f rom Bank of New 3outh Wales the sum of £200,000 as a T.T. for credit of this Offioe. Date29LiOL27. 94. Re erring to your tele,ram of 26th October No.439 Per City Council has arranged lo[...]£125,000 account Victorian State Ooverament and credit Melbourne in account. Receive from Union Bank of Australia Ltd . on 2nd November £100,000 and credit Melbourne in Account, Dated 31 No. Do.Rererring to your telegram of 7th October No. 418 Brisbane advises queensland State Government not prepared guarantee iSsues Brisbane City Council and Metro[...]liest dates and probable terms London flotations. Referrins to your telegram of 24th October - Sugar Prices Czech° S[...]explain marked decline price since August. Receive from Commercial Bank of Austr ha Ltd. the stun of £1,000 as a T.T. for credit of this Office. Pay to National B[...] |
| [...]G. PirrY0 A I We have to confirm our Cable No.699 of te 2nd instant which reads as follows "Staff Referring to your letter of 26th September you may offer A.G. Petford a position in our service on six monthe probation at a commenc[...]nce and Fidelity Guarantee." In due course we await your vi f the dateMr. P tford commence[...] |
| [...]STEEL PLATES FOR NOTES am in receipt of your letter of 7th October with copy of London Manager[...]ee for himself. These plates, took at random from our bulk stock of steel. One of the plates, it will b[...]er marks and the other "nests" of punch holes, as referred to in my letter of 23rd June, 1927. Before writing my original letter, I made a close in- sp[...]umber of the plates and found that none of them were free tom defects of some sort or other. I felt some concern at this, and therefore closely supervised the work of the Transferrers. found that there were few plates which did not require same special treatment to make them fit for use. I am quite certain that no blame could be attached to the Staff in our Engraving Department, who, as a fact, showed resource in overcoming the difficulties which the defective plates presented. note the remarks of the London Manager in regard to Messrs. John Sellers & Sons, whose reputation is well known to me. trust th[...]t again be faced with a similar difficulty and be relieved of the extra labour and expense to which we have been subje.0, in this instance Yours faithfully,[...] |
| [...]AL ACCOUNT VII% NATIONAL CITY BANK OF NEV YORK.. Your No.2 6 The matter of finalising this account will be left in your hands should you find that it is not required on the opening of our New York Agency. / MITSUBISHI BANK LTD - LETTER OF CREDIT FAVOR r„) TUB SHI OJ O,00f. With reference to your cable of 2nd instant asking for approval for the establishment of the above wool credit, we were prepared to sanction the credit if established through English or American Banks as in thel6se of existing credits and we, therefore, cabled you to the above effect. Your furthel cable of 3rd instant to the effect that Yitsubishi Bank Ltd. have not put any Letters of Credit through English Banks, but have always approached us direct and that they are not concerned with the other credits in favor of Litsubishi Shoji. Kaisha has since been received. We also note your further advices that other Australian Banks granted Mitsubishi Bank Ltd. credits. In view of your recommendation we then approved of the credit and wired you to'that effect. HO GB= & SHANGHAI BANKING CORPORATION. EY. If not already claimed please pay the London Office[...] |
| [...]consig4nments of Australian Notes by steamer were made between branches during the week ended S[...]Atount 2//11/27 Lenourourne Sydney "LIII ma 349 000 Eellourne Mackay U[...]Newcastle "Burwahil 65,000[...]V STEEL PLATES FOR NOTES. Referring to your No. 258 of 1st September we enclose herewith copy of :Letter dated 13th ultimo, received from the General Manager of our Note Printing Branch in the above connection,[...]srs,. Sellers & Sons' notice. We are forwarding to you by. ranto" which leaves here on 12th instant for London, the two plates submit[...]it them to Messrs. Sellers. We do not desire that these plates should be |
| [...]LI will be appre latea RULE 233. Under this Rule Commission on &,la L.B.R. or is remitted to your Office by R.71. This causes a great number of small entriee in London Credit Notes and it is now proposed that such Commissio be credited to "Exchange Account," at the various[...]Collection paid) and similar procedure as outlined in Rule 236 (Stamp Duty on L.P.C.) adopted. Und[...]to be paid by you t, the debit of your Exchan6e Account . To what extent will this new system affect your books? RULE 230 'cinder Rule No.234 unless a[...]is to be calculated at the 1 3'34. 60 day's selling rate on a Bill payable "with[...]has not been carried out by some of our Branches who have collected from Drawees[...]appears, it has been the practice of our Branc: in terms of Rule 230 to calculate the "On Dema: Sel inc; It and he amourlt of such would be advised you, in[...]lelline Rate and their London Offiee retain the proceeds for 10 days after[...]nd we enclose special advice forms received from the Bank of New South W[...]n. A.11 yoi please advise if it be your practice to retain proceeds of bills, as outlined above for 60 days, or are same paid over on receipt of advice in a similar way to a Bill bearing a clause where a special Rate in mentioned? |
| [...]0 F-3 Dated 1 11 27 To jr. Armitacre. (D C Referring to your telegram of 31st October 444, documents[...]Dated /11/27. No.608. Please advise present position Sydney City Council is3ue. Please ascertain confidentially and advise difference 4 0 in flotation conditions if Bri[...]cS State Government. 41-1 4.) Staff. Referring to your letter of 26th September - you may offer C-4 A.G.[...]Bank Ltd. 2,000 Referring to your tele7ram of the let November income tax debit expen iture account at London. as T.Ts[...]Dated o/IV27. No.699. Receive from Bank of Adel[...]£50,000 as T. for credit of this Office. Referring to your telegram of 2n November Mitsubishi Bank Ltd. credit approved if estal:lisAed thro101 English Bank as before. If they wish us to accept withou[...]Dated. 3/11/27. No. 700. Referrin to your telegram of 2nd November No. 447 Sydney City Council debenture held by -persons not domiciled in New South Wales not subject to present New South Viales taxation and[...]his condition bein3 withdrawn. In view of contemplated chances in constitution of City present time considered inopportune to raise question. Pat2111.11LaZ. No. 701. Referring to your telegram of 3rd November Mitsubishi se Bank Ltd. in view of your recommendation credit approved. |
| [...]ralia on London will be - Buying T.T. 7/6,,Premium, Demand 7/u,. discount, 30 days sight l7/6 0 60 days sight 27/0, 90 days sight 37/6%. Selling Rates unaltered. Dated 7 11 27. No. /03. On 8th November Receive from Comptoir National d'Escompte de Paris the sum of £500000 as a T.T. for the credit of this Office.• |
| [...]day debited Head Office £20,000 for transfer to your ster1ir account with the American Exchange Irving Trust Co. New York - Referring to your telegram 696 Head Office debited £53,000. Referring to our telegram of 20th July we have agreed figures with authorities after adjust- ment and followin[...]ome Tax for fiscal year stated. Balance 1925/6 £241.16.8 balance 126/7 47,81 034/V- and for 1927/8 £10,313.19.8.[...]311:a1l we debit our Expenditure account or draw on Sydney Branch for adjustment from Teserve there. These payments will clear up arrears up to 31st December 1926 and in future years provision made here will apply. New York sight rate on London L. 4.66 7/8 Week). - fi Ires - 1 11 (I. Dated 0/11/27 No.446. Referring to your teleram of 31st October Czecho- Slovak granulated[...]small quantity available for July, August made extreme price. Referring to your telegram of to-day we have debited our Expenditure Account £20,590.-.4 Bank Income Tax as previously advised. Referring to your telegram of 29th October we have credited Melbourne Office £100,000 - referring to your telegram Aft). 698 Head Office debited £40,000. ntsubishi Bank Ltd. applies for wool credit in favor of Mitsubishi Shoji Kaisha £50,000 w[...]- New York sight rate on London ic; 4.86 25/32 0 Montreal 4.86 i France T.T. 12[...].12 Czecho-Slovakta T.T. 164 - Germany (Reichmarks) 0 0[...]Portugal 2 7/16 Calcutta 0 0 1/5 61/64 Shanghai 2/67„ Chefoo (China) 0[...]tement quotation begins "City of Sydney debenture issued and payable in London and the interest thereon the property of pe,-sons not domiciled in the State of New 3outh Wales are not and will not be subject to any tax dut[...] |
| [...]4.0 Dated 3/1112/. No. 448. Referring to your telegram of to-day Mitsubishi Bank Ltd have not put any Letters of Credit through English Banks hut have always approached us direct. They are not concerned with other Letters of Credit in favor of Mitsubishi Shoji Kaisha refer our telegram of 16th May No. 264. Other Australian Banks grant Mitsubishi 7ank Ltd. Letters of Credit without question strongly recommend establishing this Letter of Credit. Referring to your telegram No. 600 Head Office credited Z150 000. • New York D[...]ed bht rate on London is 4.86 7/8 R. Nivison & Coy advise as[...]City Council discount. Difference in flotation Brisbane City Council if guar[...]e Loan likely to be coming and as Sydney will require time to be absorLod both Brisbane issues shou[...]them in mind. Dated 4/11/27. No. 450. Referring to your teleE,ra of 4th November we establish a Documentary Credit with Red Clause (London Forfil 0.13 P) favoring draft[...]hoji Kaisha on Mitsubishi Bank Ltd. London at 60 or 90 days' sight to the extent of £50,000 avai[...]isha Tokio. Insurance includin.2; War Risk covered on this side. Red Clause advances to the extent of £50,003 current at any one time. Insurance to be effected[...]l Banker's Certificate that the terms of the Credit have been complied with. Drafts to be marked "Drawn under Letter of Credit No. .414." Record as Letter of Credit No. 61. |
| [...]S-La-39 6 Cr.RLI[...]Dear lir,. WOOL CREDITS. h„ 4rv•cY 1;wsfr I refer to your No.295 of the 6th ultimo, and note • your advice's. It is probable we will[...]o again visit the Continent in June or Ju: as recommended by you, but the matter will not be defin[...]er discussion with the Deputy-Governor on his return to Australia. We will[...] |
| [...]S-La-39 inclusion of a further 15 of our Branches in their List of Correspondents,where drawing under their Circular Letters of Credit may be negotiated. I SURAN E ON AUSTRALIAN NO[...]ing consignments of Australian Notes by steamer were made between branches during the week ended Satur[...]. Per. Amoun 9/11/27 Melbourne. Adelaide "Large Bay" £235,00[...],000 SUBSCRIPTIONS TO PERIODICALS. Your letter No.294 dated 6/10/27. The account of David Syme & Co. £5.17. for supplying "The e" to your Office has been received and paid by us. WITHDRAWAL OF 50 50 SILVER . The advioes contained in your No. 300 under this heading are noted and we thank you for drawing attenti[...] |
| [...]£23. - 3 discrepancies. Our branches concerned have been advised as neces[...]/ SWIFT AUSTRALIAN CO. LTD. - YOUR LC No. 958 n. £150 000- AT[...]from Swift & Coy Ltd. have been passed on to our Brisbane Office. L. HAMMOND & COY LTD. -[...]ds, London, through Messrs. Hammond, in terms of your suggestion. UNION OF SOUTI INSCRIBED STOCK 1 75. • Me are obliged for the Prospectus in connection with the above issue. AGENTS & COIREUONDENTS - DRAWINGS ON LOURENCO MAR UES. We thank you for the advices in your No. 301. Branches are ing circularlaed as necessary. BAR°[...]l be distributed owl's Branches on receipt of the relative packet. • HONGKONG & HANGHA We note that the Hongkong & Shanghai,136alking Cpn., |
| [...]o 54 000. Your cabl anish ng the above Letter of C edit was duly r6ceived and the estaAishment approved, we re lying on you to see that Me srs. 'Wan wero[...]contai in your No. 304 wh oh have been noted with interest. Yours faithfully,[...] |
| [...]'=+ Aro tn receipt or St tith October and !Inve pleasure in able to your including the additional your I4st of rrespondents, wings under ;your Iredit will n by our fiiwi 804 the r your control ,e would also[...] |
| [...]of Australia, Corner Martin Place and Pitt Street, Sydney, Australia.• Dear Sirs, A few years ago arrangements were eompleted with you providing for your most important Branches in Australia to act as our paying agents for Ciroular Letters of Credit. We are at present revising agency arrangements with our friends abroad, and would find very convenient to include among our foreign correspondents for this purpose your Branches in Broken Hill Geel[...]Mt. Gambier Rabaul When your reply is received, we shall have pleasure in forwarding to you the necessary control documents for distribution among your Branches. Awaiting a favorable reply, and appreciating sincerely the value assistance you have been rendering to our travelling clients, we remain, Yours faithfully,[...]. President. |
| [...]o her prices nominal. Cubas B.96% polartsat on 12/9 nominal, American granulated l6/ Canadian granulated 16/- November delivery[...]on London is 4.8?. No.452 8 11 27 Weekl ficTures. s ated 81 No.453. eferring to your telegram No. 703 Head Office credited Z50,000 Referring to your letter of 26th July Swanskin analysis shows making inferior tpurevious supplies as follows - weight for 50 yards 120 strength 111 weft 97 count warp 35 weft 54. We propose reject unless urgently required - please instruct us. New York sight rate on London is CV. Datd 27 o.'54. Re erring to your telegram of 8th November - debent required 12,000 at £100- 800 at £500- 400 at £1,000- please wait for further particulars in our letter of 27th October. Latest advices quote[...]rate on London is 4.87 3/32 Lontreal ft 0 4.86 7/16 France T.T.[...]kla " 184 Germany (Reichmarks) T.T. # 20,44 Portu[...]2 7/16 Calcutta 1/5 61/64 2/6 I Shanghai ff ft[...]l*, Mitsubishi Bank Ltd. vise probable wool credit requirements during the season In favor of Mitsubishi[...]apply for £30,000 to £50,000 additional to current credit. Business is strongly recommended and we shall be glad to have a reply 10,,, *lately. |
| [...]6'23 Datpd %I/4 27. tlo.465. iterring to your letter of 23rd September Commonwealth Bank o[...]ich includes £39,000 Income Tax paid as per our telegram of 20th July 2nd November and provision[...]..te interest on Australian capital £220 000. Apparent profit Commonwealth Bank of Australia - Savings Bank Department £2 0400- Referring to your to:tear of to-day Hardman t;nder of 11/3d. relates to their own make and cannot azree match sample. They also object to submission analysts requirements - may we proceed. New York sight rate on London is 4,7 3/16. Dated 11 U. 27 yrom Mr.1 ta 40 o.[...]in New York will make confidential enquiriez regarding possibilit tea further Commonwealth or other loan. Governor Bank of[...]onsider time would probably be opportune for further Commonwealth issue New York about January or February next. Dated 1211 27. No.457. Referring your te1e wi No. 705 Head Office credited £50,000. • Dated 14 11 2' e erring to your telegram No. 707 Head Office debited &210 000 credited £119,000. New York sight rate on London is 4.07 7/16. Date( 27. 1,40.459. .Jubject to your approval we establish a Documentary credit with Red Clause (London Form C Bo2) favoring drafts of[...]aisha on lAtsubishi Bank Ltd. London at 30 0 60 or 90 days' sight to th extent of ZIO:)0 000 ava[...]anze and stamp. (Insurance inciudinc War Risk covered on this side. ) Red Clause advances to the extellt of Z100 0 000 current at any one time. Insurance to be effect Japan - all documents to be forwarded direct Litsubishi Bank Ltd. Osaka. Drafts to be a[...]Banker's certificate that the terms of the credit have been complied with. Drafts to be marked drawn under Letter of Credit No.5.104. Record as Letter of Credit No. 65. |
| [...]..',7 i .7 4. ease arranse remit by telegraphic transfer -nes:A Office t1,0000 000 proceeds recent Sydney City Council loan as available in multiples of Z100,000 after liquidating overdraft your office and providing December interest. Advise denomin- ations debenturoc required. Dated 11 No.705 On 2th rovember receive from Comptoir National Wescompte de Paris the sum of £50,000 as a T.T. for credit of this Office.• Referring to your telegram of the 9th November Mitsubishi Bank Ltd. bu ine s will suit. d 11 No. )6. Poferring to your telegram of 8th November proposal reject SwanmAn approved. Request Kenyons cr.pedite as much as possible fresh make also order 200 yards swanskin from Hardman[...]ester, best price not exceeding 11/3d.set out in your letter dated 14th Septenber. |
| [...]00 ONWEALTH GOVERNMENT INSCRIBED STOOK REGISTRY. We refer to your No.33 of the 3rd March last and our cable of even date relative to the changed method of remuneration to the Bank by the , Oommonwealth Treasury for con- ducting Registries (including the floating of Loans) in Lond[...]tralia. As advised the future half-yearly management charge by the Ban[...]Bank of maintenance of the Commonwealth Registry, plus 2 thereon, and will, of course, not include incidental costs charged to flotat[...]it in the General Banking Department at your Office on the 30th November and 31st ray[...]suing commission on cash, conversion and redemption operations ceased to accr[...] |
| [...]d on transactions during the same period is to be refunded in te s of our cabled advice's. The thod of arriving a the actual cost to the Bank of conducting Registriesis shown on the attached four statements, which are to be adapted to suit requirements. You will note that provl ion has been made for charging interest and depreciation on office equipment. Please forward a copy of each statement here half-yearly. Yours faithfully,[...] |
| [...]bf ren41_[...](1) Iurent by Commonwealth 0.F.,. in respect of Ificer, ,ftessengers[...]Treasury of actu half early (and other employg-[...]to0 • • • • • • • • • Registry Pork.[...]allo*ances, wages and Bank Subsidy to 0.6.F. in respec, Oe sanager, other[...]. employees (if any) migagll_pkrt_ligift in Registry work. Hental value of ofTice splice allotted to the Regis try hs pr sttit ent attached ((uote the floor area[...]d by 'Pnic to be included in this Interest an* depreciation on value of safes0machine3 furniture and other eculpment supplied by Bank at Its expense for use of Registry. Stationery supplied by Bank at its expense for use of Registries. Registry proportion of cost of cleaning premises 11, " " " li[...]r-4eneralts fees r.0 0 It " freight, carriage & Insurance 11 Other expenses (i[...]e value of ponds 4: Certific tes at date of Return QXQI[...]....amaiisatoraostermpireompowiesi.[...] |
| [...]Cost to Bank of-safes, machines, typewriters, furniture, etc. for use in abovementioned Department.[...]Sare-i I writers —1Tges[...]Addreso-[...]Total of estima ed cost to 30/6/ Note:[...]ines, typ writers„) furniture, etc . borne by the Ba k during[...]., ^.-- 0, -.1, rogressive total of estimated apportionment to—[...]the next half- yearly return =it.=[...]4,*.e4reeareeitoseove[...] |
| [...]-La-39 2 BL. We are enclosing copy f Commonwealth Trea 1etter of 17th instant,and should oa gad of your advices thereon. We do not wish to charge interes in these eases if the money is in our hand .[...]. Iwire been re Poo rkotin3 Co td.o PO, appreciate he t odble u that your eV or 3 aQ |
| [...]Department of the Treasury,[...]7 it has been brought under my notice that whereas the sum of 26,608,039. 5. 3d, required for repayment to those persons who had decided not t[...]nwealth Bank on the let June, the sum of 24,i-60,D00 due on lst June as final instalment on cash subscriptions to the Loan was not credited by the Bank to the Commonwealth until 2nd :une. This resulted in the overdraft being increased by the latter amount for one day, and reprcsented an interest charge against the Commonwealth of approxim[...]of 93 per cent on cash subscriptions had, of course, for its purpose the provision of the necessary fund to repay on the due date holders who had decided not to convert, and it was never contemplated that the Treasury would have to rely on the Bank to proviee those funds. 30[...]uld be glad if you would kindly arrange for a refund to the CoAmonwealth of the interest charge on let June in re,pect of this transaction. Yours faithfully,[...]. Secretary to the Treasu• |
| [...]CABLE FROM LONDON. Dated 15/11/27. No. 460. - Referring to your telegram No. 709 Head Office debited E,34,000- and credited £750 000 - referring to your telegram No. 707 Head Office credited £50,000. We have to day credited Head Office with £13 0 750 representing interest on securities held on account of the Note I[...]on London is 4.87 13/32 Dated 15 11 27 - No.461. • Dated 16 11 27. 1o. 462. Securities totalling £250000- held on account of Note Issue Department matured to-day Head Office credited £20739.11.8 representin difference between Face Value and Cost. Balance of proceeds credited to Note Issue Departmnt Special Account.[...]the Note Issue Department BritishGovernment Treasury Bills as follows:- Face Value £250,000 Cost £247,260. 8. 4 Maturity date 16th February Rate of Discount £4.6.114Y p.a. Latest advices quote - New York sight rate on London 4.87 9/16 If Montreal 4.86 5/8 France T.T. It[...]t Czecho-Slovakia 164 7/16 Germany (Reichmarks) T.T." -0.43[...]Portugal 2 7/16 tf It Calcutta 1/5 61/64 Shanghai If tf[...]1/10 Dated 17 1127. lo. 6 . Latest London marhet quotations (after dectctine accrued interest) of the following securities are set out hereunder Commonwealth Government 5% 1945/75 £98 5 - N.1..:. Government 5% 1945/65 £98 Victorian Govt. 5%[...],97 10 _ Queensland Govt. 5% 1940/60 £93 0 - S.A. Government 0% 194[...]op 5% 1946 1949[...]£96 15 _ Brisbane Tramway Trst 5'% 1944/34 £98 10 - Melbourne Tramways Bd. 4 1944 Brisbane Wa[...] |
| [...]1. No. 463 - Contd. Referring to your telegram Ho. 707 Head Office credited £250,000. Referring to your to/0gram No. 711 Head Office credited Z50,000. Referring to your telegram of 5th October forwarding you by this mail conversion-application £13,610 Cici; - £1,870 51i, also redemption application £16 0 050 % £10 5 - New York sight rate on London is 4.8 Dated 17/11/27. go. 464. Referring to your telegram of to-day Bank of England regard institution(s) named undoubted ordinary ttansactions but • express surptise at proposal to depart from usual method financing wool purchases and are not prepared recommend £400,000 transaction in the form proposed. Dated 18 11 27. No. 465. Confidential. At conference with Agent General for South Australia Col[...]cts of successful issue South Australian Loan as present quotation £97 11/16 but strongly recommended Commonwealth Loan £7 0 000,000 5, a[...]bled Prime Minister. Dated 1/L? No. 466. Nivison advises confidentially underwriting on T[...]ary 35 24th January. Dated 21 11 27. go.467. Sugar prices ..... all per wt. .o.b. other price nominal - Cubas B. 96 polarisation 12/9 nominal American granulated 16/6 Canadian if 16/6 November delivery[...] |
| [...]ABLES TO LONDON. Dated 11/11/27. No. 706. Referring to your telegram of 8th November proposal reject swanskin approved. Request Kenyons expedite as much as possible fresh make also order 200 yards swanskin from Hardman[...]ester best price not exceeding 11/3d. set out in your6,000 9) land Natl. Bank Ltd. if[...]00 as T.Ts to the debit or this Office. Receive from - 14th November. Co[...]y of Sydney Ltd, £250,000 AS T.Ts. fro credit of this Office. Dated 14 11 27. No. 708. Please credit your Exchange Account to the debit of Head Office in account amounts of exchange totalling Z20722,7,11 remitted by you 1st October, 10th November and 11th[...]cil. • Adhere to established practice of leaving adjustmen[...]s Head Office. Dated 15 11 27. No. 709. Referring to your telegram of 14th November Letter of Credit approved. Pay to - Union Bank of Australia Ltd. the sum of £16,000 English Scottish & A/ian Bk Ltd.[...],000 as T.Ts to the debit of this Office. Receive from - Coml. Bank of A/ia Ltd.[...]'es ompte de Paris £25,000 as T.Ts for credit of this Office. Dated 17 11/27. No, 710. Consult Bank of England regarding depreciation yen and whether position of Mitsui Ban[...]Ltd. 2 or 3 month! against Japanese Bonds to market value of £5000 000 sterling lodged with our Agents in Japan. Can they recommend this transaction. Please reply at once. |
| [...]22nd November, 1927 LETTER NO. 526. Per "Mooltan." • The Manager,[...]Dear Sir, AGENTS & CORRESPONDENTS - Your No . 307. CREDIT SUISSE. We thank you for th[...]n_i,.....11.11LIALL RAlita LOAN Your advices are noted. We have amended our records accordingly. ANTI OF INDIA LTD. Our arrangements with this Agent are being revise as necessary. We are forwarding cop our Private Telegraph ode to their Branches at[...]MADRAS SINGAPORE. and advising them by separate letter of the relative fixed |
| [...]526. numbers. Their Bombay Office already hold a copy of our Code and the fixed numbers of our Sydney and Melbourne Branches, the fix° numbers of our other capitals are being advised them by mail. For your records we append the fixed numbers allotted to their five additional Branches for use when cabling our Capital Offices.[...]29 COLO - 296 HONGKONG - 247[...]253 SINGAPORE - 231 METROPOLITAN WATER SUPPLY 83 S[...]0104.00.00. It is noticed that on recent transfers for credit of the above accounts the exchange was added to the r aunts at your end and apparently debited to London 'Exchange Account. As you are aware, it has been our practice in the past to adjust exchange on such transactions at Head office and we desire that you follow the customary procedure. therefore. cabled you in this connection on 14th instant as per= reading MITSUI BUSSAN :A SA LTD. 5Ec, We cabl[...]Japanese Oovernment Bonds to be maintained to the market value of a000000 sterling which are to be lodged on our behalf with a Bank at Tokyo to be nominate[...] |
| [...]-'3 - also desired you to enquire from the Bank of England as to the position of Mitsui Bank Ltd. and Mitsubishi Bank Ltd.; regard i the latter enquiry we thank you for your reply of idem to the effect that the Banks mentioned are considered undoubted for ordinary transactions. Regarding the proposal to make advances to Mitsui[...]ght mention that the Company's Sydney Manager recently approachtod us with a request for advances up to Z400,000 to cover the purchases of wool pending Ahipment. They are not desirous of pledging the wool, as in the event of same arriving in Japan before payment had been made of the relative drafts they would be placed in the invidiou[...]eir business position would in that event be prejudiced. Their suggestion to lodge Japanese Government Bonds to the market value of £500,000 sterling as security for advances has been considered by the Board; payment for the wool when ship[...]e either by T.T. or by the negotiation of the relative documents under Letter of Credit. The. matter has not yet been definitely finalised, Yours faithfully• |
| [...]QQD have to advise that our New York AF!erey has been guxqied with copies of the gene[...]VJOAV puensland New York iS:7LIQ 6% anturing 1947 117;0.[...] |
| [...]age', LONDON. Dear Sir, We desire formally to advise approval of payment 24/ V ild. representing charges by *tJaokson Sprin Ltd. in connection with the forwarding of some effects of the above from our Flinders atreot Brunch to liondon. This amount has been draw[...]Lrge Note to.-Uhq. Your aithfu[...] |
| [...]a _rkir_ended 3 27. We enclose herewith the customary copy of this Statutory return. FINANCING THE VOLIE1.1,%‘a WHEAT POOL[...]tates during the coming season, and we have agreed to make advances to them, through the Rural Credits Department, at the interest rate of 6% p.a., against debentures covering the assets of each concern, at the rate of 4/2d. per bushel or 80% of the market value of the Wheat, whichever is the lesser.[...]• The Wheatgrowerss 3/6d. 8d. 4/2d. Pooling & Market- ing Coy Ltd. Victori[...]Sth.Aust. S.A. Co-operative 3/8d. 6d. 4/2d. Vheat Pools Ltd. En. addition to the debentures we also hold the guarantees of the parent companies in N.S.W. and South Australia, vi[...]the S.A. Farmers' Co-operative • Union Ltd . respectively. |
| [...]53( Australian end. We have already advised you regardingthe Western Australian Wheat Pool for t[...]UEENSLAND STATE T BOARD. - For your information, we would mention that a compulsory[...]will be light and is not expected to cover local require- ments. The Board have now had their Act a[...]ve a valid security over the wheat, and we have agreed to make advances to them through the Rural Credits Department ® p.a. against a "Char[...]r assets, to provide for a first payment of 3/6d. per bushel to growers plus an additional 8d[...]making 4/2d. per bushel in all, or 80 of the market value of the wheat, • whichever is the lesser. DOCUMENTA T WOOL CREDIT Your No. 57 for Z100 000 as_2,1,ANDET., Copy of requisition of the above documentary letter of credit enclosed with. your No. 310 has been received. Information recently came to hand regarding W.C. Gaunt from which we gathered that his financial position is somwhat strained although your cable of the 18th ultimo, reported favorably regarding his financial position. We therefore, cabled you on the 23rd instant as per readings and have since received your reply to the effect that after very full enqu[...] |
| [...]OW nothingto al, alter yo previous report. We note yourcomment regarding Rod. Clause facilities and that these could possibly 'bitreduced - this we think is desirable and would be glad it you would endeavour to have your suggestion tarried nto effect. In aqrsase credits on behalf of Gaunt should be granted with extreme caution as the information available in Australia regardinghis standing is not reassuring. SINKING FUND COMMIS. JOAER4. Copies of your letters addressed to the Sinking Fund Commissioners, Melbourne, are to band v -for which we thank you. We notice that such letters are still addressed to Melbourne, but as the Treasury has now been transferred to Canberra we think it well for all such communications to be addressed there in future. • NOTE PR NTING BRANCH. OOPP PLAIT ROURY PR TING MACHINES. Your remarks under the above heading are noted with thanksind your further advices are awaited in due course. EN' OF- VICTORIA V IN 0 I STOC[...]JAPAN PINANC AL DEVELOPMENTS. WS are obliged for the memorandum from the nt Of Overseas Trade rola lye to recent financial developments in Japan. |
| [...]Ing2110112_22PE. l/ Appropriations are being ranged to cover the names of the Companies mentioned in your No. 311 and circular instructions,in this c[...]for bring this matter under noti e and are wry ing Hobart on the subject. We are also advisingothwr offices concerned. AG T[...]to hand from the Prim Hrvatska Stedionica and we are ciroularising Branches tn terms of our Agent's wishes. It is interestingto note that this connection has proved a val[...]note the advices co - tained in your No. 313 and are commun eating with the Council concerning the matter. We will stress upon the Council the necessity of giving to each of the suggestions referred to in yo letter. shill[...] |
| [...]• No. 7 4* Re erring to your tel gram of 11th November do not proceed with order swanskin from Hardman unless they comply our conditions. ring to your telegram 18th October No.427 we have reason to think financial position of G'aunt somewhOt strained, Please rake further confidential enquiries. Renew Note Issue Department British Treasury Bills £80,000 maturing during December. Dated .1 *77. Nc.7i6 Purch4e 4201000 by Cable Trktn6fer for our Dollar Account with Canadian Bunk of Commerce, Va[...]£190000 as a T.T. to the debit of this Office. Receive from Commercial Bank of Australia Ltd. the sum of £40,000 and Ni,A1,,nal Bunk of Absitl Ltd., £16,000 as T.Ts. for credit of this Office. Pked 29/1117. No.717. ktuee[...]the oontrol of briab&no City Council probably before end of year. Queensland 8t4Ase Government will guarantee Brisbbne City Council loan to meet requirements both bodies when amalgamation completed. Iss[...]ear. Advise R.Nivison 4 Co. confidentially and request them keep matter in mind. |
| [...]A3r Dated 22 11 27. 4 3. Re erring to your t legriont No. 713 Head Office credited t50 000, We have to-day debited Road Office Z40,0004. for transfer to your Sterling Account with Barclays Bank (1).0 •[...]ate on London is 4.87 Dated 22 11 27 N'. 46 . Ptrure Dated 2 1 27. 4o.470. tost Advices quote New York sight rate on London 4.8? 11/16 Montreal " 4.86 7/8 France T.T. 12[...]89.50 Czeoho -Slovak 164 Germany (Reichmar T• 20.42 Portugal 2 7/16 Calcutta a a 1/5 3[...]Chefoo (China) 1/10 7/16 Dated ?J1lJ27 No. 47L Referring ,,to your telegram of 23rd November after very full enquiry can ascertain nothing here to alter our previous opinion. There is not much risk except the Red • Clause facilities and these no doubt could be reduced if you desire its New York sight rate on London is 4.87 7/8.[...]s take balance no announcement will be made here until. Monday. Dated 28 11 27. err.ing to your telegram of to-day R. Nivison %do pleased to hear of satisfactory arrangement pendinc:. They are bearing in mind loan requirements. e have to-day debited Head Office Z40104.13.5 for transfer to your Dollar Account with Canadian nk of Comnerce Vancouver,Rate 4.87. Referring to your telesram No. 716 Head Office debited Z18,000 credited £56,000. New York -' iit rate on London I- 4.87 13/16. • |
| [...]Net Result Interest[...]Increase in Depositors' Credited to[...]X Decrease[...]JEW SOUTH WALES .. 227,655 2,927,034 1 17 1 194,565 2,763.125 7 163,909 3.0 1 1,389 2 6 15,565 8,705 333.578 10,724,635 2 6 VICTORIA • • • 106,162 1,478,147 iy 6 1oo,27o 1.697.527 2 4 12190379 4 10 797 11 7 6,256 4,690 169,771 5,887,411 19 5 QUEENSLAND.. 363,109 5.469,568 11 297,971 5.03o 454 17 5 439,113 3 6 2.090 19 4 17,835 11,324[...]SiTH AUSTRALIA 40 ,198 604,741 13 9 36,o77 681,365 X 76,623 6 13. 302 13 .* 2,163 1,861 63.093 2,475,867 14 11 I WESTERN AUSTRAL[...]58.315 703,459 2 47.057 658,532 14 9 44,926 289 16 3 3,513 2,021 85,178 2,774,422 10 665,255 17 10 33.972 109 8 2 1,487 1,003 64,787 1.599,176 2 NORTHERN TERRITORY 1,318 28,327 1 66 481 8,563 19 3 19,763 1 9 171 42 1,326 65,017 10 7 PAPUA and NEW GUINEA 1,251 44.707 5 10 876 38.948 11 8 5,758 14 2[...]10 149 98 2,170 93,614 2 8 DON • 2,435 126,183 13 5 5,498 174,676 6 5 x 48,492 1 4.4 241 1 3 341 550 6,938 394,697 18 9 6.31,77611,681,397 10 6 705.1091.1,318,449 17 4 362,947 13 2 5.262 17 4 47.480 30,294 1,171,634 46,847,231 6 .111.1111[...]e certify that the above Statement, compiled from returns furnished by the several Offices of the Bank, is correct. fr Secretarp.[...] |
| [...]ATER 5 1. 6th Decembers927 Per rine"The Manage[...]We wrote you last on 29th ultimo, and have now received your letters Nos. 315 to 324 dated 29th October, 1st,[...]The finalisation cart ficates forwarded with your No. 317 have been received. SINKING FUND MOUSES./ Co[...]IVATE _ TELEGRAPH'Oirs. We note your advice that the copy of the Code forward ed in July for the Bank of England has not yet been received. We think it possible that the code book may have been addressed direct to th. Bank of England. re shall be glad if you will have enquiries m[...] |
| [...]S-La-39 YOUR LETTER OF CREDIT NO. 57 for £100 000 f o THOMAS and or[...]AN LAYCOOK a c W. C. Copies of the reports on W.C. Gaunt have come to hand and in view of Seyds advices we cabled you on 5th instant , that we preferred not to issue further credits on Gaunt s account without security. This report of Sepia appears to bear out the apparent unfavorable position recently indicated to us here and which was the r ason of our cable to you of 23rd November. YOUR LETTER OF CREDIT No. 59 f o THE AIiALGALATED FREEZING C„ VICTORIA LTD. Copy of requisition in connection with the above cabled Letter of Credit has been IV-calved. PORTALS s Amp PARER. 1/ The four sheets of stamp paper have come to hand and are being passed on to our Note Printing Branch together with copy of Po[...]MINSTM BANK LIMITED. e note by your No. 319 that a supply of the latest Specimen Signature List of the above Agents has been forwarded us[...]will be attended to when the specimen signatures come to hand. • DEUTSCHEBANK.[...]r the advises under the above heading, which are noted. |
| [...]PE FROM TOiLLE. Townsville Branch recently advised us of the issue of their cabled eredttl when we instructed them that in future all credits of this nature are to be established through Brisbane Branch.[...]4945/415 e £98 Enclosures as advised in your No 322 have been received, for which we thank you. LONDON FUNDS FINANCES. --/ Your adviees under the above heading contained in your No.324 are noted with interest BANK'S PRIVATE TELEGRAPHI9 CODE - Your letter No. 311. cr Referring to your letter of the 27th October, the appropriation[...]duly made for use between all Branches, who are being advised, as necessary, by Circular Memorandum, a copy of which should reach you in. duo Course. ROTE PRrliTIN STORES NSTONE& SON$ LTD. DEFIC Y IN OIL. Referring to your No. 283 of 22nd September we .referred '4 ssrs. Winstone s report to the General Manager of the Note Printing Branch and are now in receipt of his reply • He assures us that there is no possibility, as Messrs. Winston0 suggest, of oil being taken from a barrel between the time of delivery at the store and issue to the factory. |
| [...]6-31 As the additional cost if steel drums were used in place o barrels, would exceed on the average our loss in the past through leakage, the General. Manager considers that the present method of Shipping in barrels should be continued and we should be glad i[...]ing consignments of Australian Notes by steamer were made between branches during the week ended 3[...]o. Per. Anoint. 29/11/27 Melbourne Adelaide "Kanowna 4,58,000[...]27 Sydney Esperance 60,000[...]Brisbane 226,000[...]g strike, the s.s. "Ormiston" did not proceed further than Sydney and the notes consigned to Townsville as shown above wore brought to this Office. We[...]t, and the notes amounting to t310 000 that were to be transhipped by that steamer to Newcastle, as advised in our letter of 29th ultimo, will be taken to Ne[...] |
| [...]-5 Sydney by the s.s. dir" on the 6th instant. The notes that were to be transhipped from Sydney to Rockhampton by the s.s. "Saros are still held at this Office, Both the T[...]Ltd. of London for the supply and delivery at our Note Printing Branch of 2,500 gallons of thin[...]with that supplied by them in June last at 4/6d. per gallon, F.O.n. London. The[...]rger order than usual we may obtain• a more advantageous rate. Delivery in barrels is to be effected in equal quarterly lots, the first to arrive in Melbourne not later than the end of rch next. CIV[...]A IVE SOCIE OF NEW SOUTH WAL. Your No. 316. We note your remarks, and you will have received advice from our Sydney Office that the matter has been satisfactorily adjusted. Yours faithfully,[...] |
| [...]BLES iOM LONDON. Dated 2 27. No, 473. Referring to your telegram No. 718 Head Office debited 02,000. New York sight rate on London is 4.67 29/32. ------1121-LL- Datec L127-1 --[...]Debited to Commission account £17,500 refund to Commonwealth Government Commission on last loan. Dated 30 Ii 27. 4o. 75 . set London market quotations (after deducting accrued interest) of the following securities arc set out hereunder: Commonwealth Government 5% 1945/15 £96 15 wat N.S.W. Government 5(ii, 1945/65 97 15 Victorian Government 5% 1945/75 Queensland Government 5% 1940/60 rel 1! S.A. Government 5% 1945[...]Sydney City Council 5''' 1939 96 10 400 Brisbane Tramway Tst. Se 1944/54 98 10 Melbourne Tramways Bd. 5 1944 94 -[...]93 5 New Zealand Govt. 1946 101 10 • South African Govt.[...]ht rate on London 4.87 25/32 Montreal " n 4.87 v Fr[...]8 Gisecho Slovakia " 164 9/16 Germany (Reichmarks) T.T." 20.42 Portugal[...]2 7/16 Calcutta " it 1/6 1/64 Shanghai # n 2[...]1/10 -Z-, Dated 1/12/27. kio. 476. Referring to your telegram No. 719 Head Office debited £21,000. New York sight rate on London is 4.87 /16 Dated 2 12 27. No. 477. Referring to your telegram of 21st November increase estimate loss C.B.of A. General Bank Dept. to £47,000. Referring to your telegram No. 721 Head Office debited £100[...] |
| [...]lt of this Office. 27. No.722, Referring to your letter of 3rd November No, 317 Letter of Credit No. 57 in view of reports on Gaunt we prefer not to issuo further credits without security.
|
| [...]— and our Branches are being advised as necessary, A[...]he Memorandum from the Department or Overseas Trade regarding the Bank of Taiwan. GABLE FINM WAVES TOWERS. • Copy of your letter to the above Branch, has been received and we have written the Uanager t as necessary, reminding him that all cables to London are to be despatched through the Capital Branch. T OF HJ. THE KING. Tour Vie are obliged for your advices and will communicate with you further when the autographed photo of His majesty[...]OF SYD 000 000 DEBENTURES ,91 Enclosures forwarded with your No. 330 have been perused with interest, LONDON F 110 & FINANCES. We are obliged for your n mative advices under the above heading.[...]AN STATE GOVERNMENT. / We duly received your cable of the 5th instant, relative to the transfer of £500,000 from your end for credit of the South Australian State Government's account here. The |
| [...]-3 transaction had our approval and cabled you on receipt of your message to that effect. For your information we would mention that we allowed[...]f 8 9d %. PUBLI 11 refer to our cable of the 24th August last • transterringan amount of £2,000,000 to credit of the above account at your Office. AS already advised the transaction Was effected at the request of the Commonwealth Treasury, who intimated at the time the transaction would be Vevetised in all probability before the end of the current year; on this understanding we agreed to Ofect the re-transfer at the rate of 10/4 profit to the Government. They now desire the re-transfer to take place on the 15th instant, and[...]ter the above transfer has been effected the Treasury estimate that their overdraft requirements in London will be in the vicinity of £2,400,000 increasing to £3,000,000 at the beginning of the n[...]e the final instalment ta conneotion with the recent Commonwealth Loan floated in London is du., the overdraft should be reduced to approximately M 200 000. The Bostrd of Directors approved of the above overdraft requirements and we cabled you yesterday advising you[...]132-IRMAGENCM Cable advice has been received from our New York |
| [...]quite superfluous for us to advise you in detail rellarding the functions of the Agency as no doubt t[...]lly dismissed with the Deputy Governor during his recent visit to London. We would mention, however, that although we are not permitted by the American Laws to accept deposits at our Agency) approval has been given for the accoun of the Australian Commissioner to be kept at our Office there.XITSta, BUSS.0 414 LTD. Referring to our cable of the 17th ultimo, asking you to consult the Bank of England regarding the position of Mitsui Bank Ltd. and Mitsu[...]n Kaisha Ltd. against Japanese bonds and also to your reply of 17th Wein., it will be of Interest to you to know that It has been decided to make[...]ggested for advances against the bonds was at the request of the nager of Mitsui Bussan Kaisha Ltd., but they are now quite agreeable to giving US security over the wool as state[...]TS - OVERNIENT OF TASMAN A. Referring to previous correspondence under this heading, so that you may be au fait with the present position, we enclose herewith copy of letter from the Tasmanian |
| [...]S-La-39 Treasurer of 29th ultimo, and of our reply thereto. You will notice that we have suggested to the Treasurer that a conference in London between legal representatives of his Government and th Bank take place with a view to arriving at, an amicable arrange- ment, as it is considered that recourse to Law should be avoided We will advise you later when a reply comes to hand from the Tasmanian Government.[...]Attat#1.4. For your attention we are enclosi copy of letter re lived from the above. GOLD .....0111.1111.101.01 BL We enclose herewith for your information copy of letter dated 8th ultimo, received from the local agents for the P. 4 0, Steamship 00mpany. in replying we informed the agents that we would 114, prepared for the time beingto let them have up to4600 000- legal tender sovere ( il[...]ade by the dhippers. We presume that our reply is being referred by the P. & 0. Company to the principals as we two not heard anything further inthe matter. |
| [...]Per. Ana t. 10/12/2? Melbourne Newcastle ”Burwah £42 000 Referring to our letter of 8th instant, we have to advise that notes amounting to £63,000 consigned from Melbourne on 26th ultimo, to Roc ton and which were held in Sydney owing to the shipping strike were forwarded on to Rockhampton by S.S. "SarOss w[...]hose amounting to £83,000 consigned from Melbourne to Townsville on 30th ultimo, and also held at this Office were forwarded an to Townsville by 3.5. Ormiston" on 10th instant.• Yours faithfully,[...] |
| [...]TREASURY,[...], onwe lth B of Aus ralia Pitt Stree SYDNEY* S W Dear I[...]nto Anooviippommorires......400.4. mai satimini,... ups owimis. too.. opoopm..1111ramo Adverting to previous oorrespondenee on the above subject, and particularly to your letter to me of 20th September lasb, my :linistera are entirely dissatisfied with the refusal or your Board of Directors to acknowledge liability to this State in respect of tbe al,ove, and have noederinitely decide[...]determined in appropriate proceedings in the }gh Court of Justice in Englanlo To this end, the Agent General for Tasmania has now been requested to instruct the Governmentts legal advisers in Lendon to take immediate steps for enforcing ainst your Bank the claim which our Counsel have already advise"). to be well founded, and of the justice of which your board's offer of 3rd August concerning future payments must be reeoarded as a tacit admission. With reference to your remarks in aar oarlier correspondence comerning the cost of eonductiac the London Registry, I may remind you that that matter is the subject of a definite agreement, and apart fr.= the present controversy can only express regret that :le Bank's decision to refuse to account to the Government for profits made since the inception of the agency in respect of proportions of stock holders' Interest withheld by the Bank and oubsequent nt to the Imperial Inland Revenue authorities, and which profits I advised[...]ven the Government no alternative but to seek its remedy in the Lax Courts. S do[...]Tre nrero |
| [...]39 iv/ CREDIT LYONNAIS FONDE EN 1803 SOC[...]CAPITAL 250 MILLIONS DE FRA,,OS ENTIEREMENT VERSE ,., A[...]OAP ADRESSE TELEGR PHIQUE ,[...]We beg to place our services at your disposal for your banking transactions With Spain[...]country for over fifty years , our experience enables us to execute in the[...]st efficient manner any orders you may entrust to our car We have a[...]would he pleased to see you make use of same for your or your clientscommercial transactions throughout Spain[...]Awaiting to hear favourably from you we remain dear Sirs[...]Your faithfully e[...] |
| [...]from the Commonwealth Bank on behalf of the enquirer, Australian sovereigns at 1.Jur in exchange for AustrLaian money, but the Value of thc puroh-ses is not given. Our client enumerates certain other enquiries under these headings which we give below : (1) Weshould require shipment of such sovereigns to be made from Fremantle, and ye should Lot wish youto pay the Commonwealth Bank for the sovereigns until the date the carrying vessel left Fremantle. Could this be arri.Jiged?[...]he Commonwealth Ban- in Sydney or in Fremantle? Would the Commonwealth Bank eke any charges for placing the sovereigns on board vermel at Yremantle or would our payment to them IA,i_pskr include all costs of actually putting the sovereignc. on board. 7:e shall be much oblige[...]e quectionn ,,bov.e, in order that we nay mply to our client. We have the hono[...]Si Your obedient Fo[...]Coixtonweulth Bank of Australia, Street & Martin Dittoe, SYDNEY.
|
| [...]ed iLl /27. No.479. ,uor prices. Cubas 7.96 polarisation 12/) n,mtnnl AmPrien granulPted 15/6, CanFAlan grf-muld 14/60 Javn Jbril average 17 tel guel 13/2k, Czcho-[...]ew Yor: sir,ht rtc on London Montreal IN U[...]Czech° Slovakia T/T 1641 Germany Cr.eIchmrr'e- s ft if[...]2-7/16d. Calcutta ft of ft 1/6-1/15 tf[...]2/7t Cher6o (China) ft U ft 1/10-9/16 No. Referring to your teleFram of t asuming interest gusranteea by TPsutrnt-n tate ovrrnmrn before R. Nivison R Co. could icue at the l'.;ginring of J-nw;ry f1000000 LrAinceston 0. Rends e, 1st July 1953 at not less thi,n 99.[...]is 4.88-11/32. /12,./7, N o. ReferrinF to your t€1e-gra. 7, H;A Offic[...] |
| [...]wrote you last on 13th instant, and have now received your letters Hos. 333 to 351, of various dates bet[...]WITYAT BOARD. EY. Referring to our letter of the 29th ultimo, we have to intimat[...]hip about 100 000 tons of wheat during the durrent season, and we have told Toowoomba Branch t[...]o you for collect on. On receipt of any proceeds of collections or any , balances of shipments covered by . k,.Ns. please credit us ir account under cable advice, u[...] |
| [...]Exchange on the T.T. transactions will, of course, be adjusted at this end.MIDLAND BANK LTD. LC. Mr, J.F. Darling, a Director of the above Institution, recently called on us and discussed the question of[...]nd Bank, as the other members of the "Big Five" already appear on the Falance Sheet as our London Bankers. Er. Darling also menti[...]on of Agency Arrangements could he discussed with our London Manager. Darling has, therefore, written to Mr. Hyde suggestin: he should discuss the matter with you. We are aware that in the past the Midland Bank hare not been anxious t avail themselves of the facilities offered by us in Australia, however, we think that 4rrahgements to our mutual benefit might be made and shall be gl4if y[...]s necessary, wider advice to us. With regard to the question of opening an account with the Midland Bank, ire tahe matter in your hands øi to[...]s forwarded to us the enclosed cutting from a Melbourne newspaper of the 9th instant depictin7 t[...] |
| [...]ails of this new method and suggests that the required inormation could he obtained either,tram the Secretary to the Imperial Treasury or from the Bank of Eft land.[...]e the matter up with these authorities with a view to ascertaining the nature and the value of the test. 1,07flON FTTUDS & FINANCES. The advices contained in your No. 332 of 10th ultimo, have been noted with[...]if the statement of London Funds forwarded with your usual weekly letter also set out the rate of Interest being received on our balances with London bankers, and we should be glad if you would arrange accordingly in future. INSURANCE ON AUSTRALIAN 1 14[...]g consigazlients of Australian Notes by steamer were made between branches during the week ended 1[...]"Zealf,ndia" £50,000 ( 1;elbourne Newcastle "Canberra" 60,000 (Transhipment made at. Syd[...](Transhipment 16/12/27) 4/12/27 Mel bou14nè B[...]ydney 36,000 17/12/27 1,1elbourne Sydney "Kanowne 472,000[...] |
| [...]E CITY GOUNC Following on our Uo. 5',0 of the 4,9th ultimo, we have now been ad[...]you on the 17th instant. We also 'cabled you on 16thstint an enquiry as t a the conditions and date[...]overnment could be placed for the Council and we are now awaitin, your reply.. -' a'0LITAN W.717,7_) cl.IPPLY 4.,.;[...].tics in London for sinkin fund purposes and duly received your re.1214 to the effect that you could dbtain 6 750 at 93 and could possibly purchase more at a higher price. This information has been passed on to the Board and we shall cable you immediately we receive adv ee of their decision. CORR E[...]AN DISCOUNT K. The adv ces in your lett 334 have been no[...]of their draf form and lists of authoA.sed signatures will be received in due course. |
| [...]TD. LC We thank you for the advices in your No. regarding the Buenos Aires Branch of the above institution. Our records have been amended accordingly. BANK OF LIVERPOOL & - TINS LTD. - Your 110. 340. Le The arrangements made with the above Bank have been recorded and the sets of control documents forwarded to our Branches mentioned. We note that you also offered them the facilities at all of our Capital Branches, and approve of your action in agreeing to the arrangements covering Sydney, Lelbourne and Canberra only. TT nUE DE )2.:72.U.' CS' DE SIBE IE -, Your No. 340. •--** • LC We have deleted the name of the above Institution from our records. STR BMW OF BAR-" BALANCE SHEETS./ LC With reference to your letter No, 340 0 it has beeL_ our practice to forward Balance Sheets to all of our Forei_ Agents, but in view of your advices this practice will be dis- continued,[...]he December 1927 Balance Sheets to Agents to your Offi6e, meanwhile • we are preparing a complete Balance Sheet mailin list, Which[...]e and shall be 31ad if you will dolete all addresses which are covered by your Office |
| [...]S-La-39 and return the list to us as soon as possible. STAFF S.C. 2A5LIII. We note the advices in your No. 337 that it was not possible for Er. Laslin to dispose of his house before he left for New York. The advance against thi[...]sale cannot be effected. LOAi:S TO 17,ARKET Your,p9. 338. V List of securities as a[...]PORTRAIr .L. THE K Parcel receipt and other documents as mentioned in your No.339 in connection with the signed photograph of His Lajesty have been received, and arranL:ements are in train to take delivery of • the package On arrival of the "Moreton Bay." ADV ILAS." - Your No. 341. if Duplicate receipt for .600- is to hand for which we thank you. • ANDREW WALLA- We note from your letter No. 342 that application by Mr. Fisher foT appointment .to our service has been withdrawn. DOQUMENTAY V/OOL ,,REDITS - Your No.348.. ./ • Your No. 65 for Z100 000 f o MITEAVJSHI 3E0J1 4A7sHA LTD. acipy of requisition for the above credit has duly come. • to hand. |
| [...]LO Dated 1312 1o.4134. Reerring to your te1erai No.726 Head Office debited £39.,0000 Referring to your t leGram Nos727 Head Office debited £57,00[...]lc 4.38. No. lipr*, e,k fiures. Dt4ed 14/1q/2.7. 113,456. r4eferring to our telegram of 17th November further conversion applications since received £250., 5i0 £100 4. If you approve credit Victorian Treasury £93,750 and debit this Office in account. Referring to your telegram 10.728 Head Office debited £[...]New York sight rate on don 4.08 5/16 ft Montreal 4.88 S[...]1 Czech° -31ovakia 164 15- Gernany (Reichmarks) T. T.1ft 20.13 Portugal[...]chef 00 na) 1/10 o/16 d 14 12 7. Uo. 7. Learn confident[...]day. Dated 15 o.88. to your telernr- 1o.724 Lead Office credited 2,000,000. Latest ondon :.arket quotations (after deducting accrued interest) of the followbr securities are set out hereunder. Oommonwalth Government[...]N.3.-!. Government 1945/65 £97 5 Victorian Govt.[...]queensiand rn ent 1940/60 £97 10 Oat 3*A. Governm[...]7L 1944/54 £(38 10 410 Melbour6 £101 10 3. African Goverment r id 1945/75 £100 10 410 Referring to your telerram of to-day retropolitan Vatter Supply Sewerageioard (3ris we could o tain £6,750 at 937, and altho |
| [...]r it. York i(rht rate on London is 4. ated 16 12 27 No. Ve ave today debited toad Office ' 120.19.8 for transfer to your Dollar account with Canadian Dank of Commerce, San Francisco, rate 4. -3/16, 7;e have to-day debited Head Office Z51,209.16.8 for transfer to your Dollar Account with National City "ank of New York, Now York, rate 4.88-3/16. eferring to your telegram of to-day, Brisbane 3ity Council, will t[...]cwt. f.o.b, other p nominal Cubas 11.96,„; polarisation 12/9 nominal American Granulated 16/6 Canadian Granulated 10/6 Czecho-S1ov317 granulated[...] |
| [...]ated 15 12 27. O. r erring to your to1erarn of 14th December, Victorian %tat[...]Printing Br 1' C I I to our of 2.'ith July,pi. ObfRin w!cicn[...],000 yards 21'irchcc nriiS stimn1,:: In your oossssion auvsIng•,(Alls[...]Account with f,.. ..,:;13.11,,,7cY of'Cotme.re,.,, Ea Francisco. Purctis 250,CCO by cabl‘-'; transfr for our Dollar Pecc)unt =4[...] |
| [...]S-La-39 SEC • RE[...]N. The advices contained in your No.350 are noted and have been passed on to Hobart Branch for the information" of the Messrs. Simmons. Apparently Mr. Hamilton still refused to sign the transfer in favor of Matthew Wil[...]dward Simmons only. Yours fait Your[...] |
| [...]e!-xiovil pt Gir your let er m.07 tGt ft' rt pleteeti be.* Z vtive of• Director* or thts 11,41:0 I an autho[...]your re to Londor " 3o1 tat tore Inc/Idea barri as the list r have m1rert4„ in eon•tion with[...]at/lige Yours atthr •[...] |
| [...]Y. TREASURY HOBART, 16th December, The Governor, Commonwealth Bank of Australia, Pitt Street, DNEY N.S. • Dear Sir, Interest earned on moneys deducted by[...]smanian Government. am in receipt or your letter of the 9th instant the contents of which are noted. Regarding the matter in issue between my Government and your Board the subject of our recent correspondence, I may remind you that your Board's refusal to account to the State for interest earned under the above head since the incep[...]the matter tested in the appropriate English Court. without prejudice, however, I am prepared to agree to your suggestion for an immediate conference between the London solicitors of both part[...]orily arrange the matter the dispute is to be referred for final determination to a barrister to be mutually agreed upon by our respective solicitors* that the entire costs of such reference as between solicitor and client are to be borne by the party those contention in effect fails; and that your Board will cause to be honoured the settlement, or decision on reference, if unfavourable to the Bank. Pending receipt of your reply the Agent General, -Pho has already received full instructions to have proceedings at lay', instituted, will be recuested by cable to defer further reference of the matter to our London legal advisers ror action. • Yours f-ithfully ,[...] |
| [...]AUSTRALIAN HOMEWARD BILL OF LADING, 1927. NON-REFRIGERATED CARGO.[...]FREIGHT PAYABLE: AT PORT OF SHIPMENT Australian[...]in apparent good order .n b[...]RX-T1- 311---8/1,17ER COIN VALTIZ,DECIARED to contain[...]BALES GREASY WOOL.[...]--ADDRE881CDT --[...]BALES SCOURED Vv- OOI SEVEN B0X38, IRON BOUND, SIC[...]ii011,1-3f,ti -Itt)11 Coin value declared at 42,000[...]FLOUR. ADDRASIED:.[...]marked and numbered as per margin (measurement, weight, quantity, brand, contents, conditi quality and value as declared by the Shipper but unknown to the[...]Carrier) and lo be gelivered, subjegt to the Atieflit[...]' iosti4arms an rovisions hereinafter men ned, in he like good order • d condi[...]1,,) her berth or Atehoir‘ Y,,:.ikTliere the Cartieri' ",- sibility sh at the Por[...]hereunder ireko as she may safely get) unto[...]"0 11 Freight for the said gookbOAUU % prim[...]----------per lb. for greasy wool,[...]per lb. for washed and scoured wool,[...]pment at port of loading, on gross weight or measurement as per margin, in British sterling, without d[...]lost or not lost. If freight is not so paid at port of shipment, payment s[...]port of discharge for optional cargo must be declared to the vessel's agents at the first of the abovenamed ports at which the vessel discharges 48 hours • 1) before the vessel's arrival there, or failing such declaration the Carrier may elec[...]0 IT IS HEREBY MUTUALLY AGREED as follows:-[...]arriage of Goods Act, others under their respective contracts with the Line. If, owing to str[...]1924, and the Schedule thereto are to apply to the contract contained in this Bill of Lading, labour disturbances at port of transhipment or at port o[...]tained in such Act and the Schedule thereto as if the same were herein specifically set out. transhipment beyond the period which would elapse before transhipment in normal circum-[...]If anything herein contained be inconsistent with the said Act and[...]extent of such inconsistency and no further, be null and void.[...]Nothing herein contained shall prevent the Carrier from claiming in the Courts of any 5. Every piece or package must be distinctly, correctly and permanently marked by the[...]protection or limitation of Shipper before shipment with a mark and number or address and (in letters not less than[...]s the country in which the goods were shipped.[...]package weighing over two tons gross must be declared in writing before shipment.[...]or liability whatsoever owing directly or indirectly to the failure of the Shipper to mark[...]such above-mentioned vessel under Clause 3 (d) hereof, even the goods or make the declaration as aforesaid or to the incorrect or insufficient descrip-[...]requirements at the port of loading or discharge, the Shi[...]servants or other persons for whom the Carrier is responsible, and the goods prior to[...]loading and/or subsequent to discharge as aforesaid are at the sole risk of the owners of the goods shall be responsible therefor, and shall indemnify the Carrier in respect thereof.[...]roceed with passengers and/or cargo from one or more[...]The Carrier will not be responsible for delivery to counter marks, submarks,[...]e Mediterranean and/or Con- 6. The f r eight v a ya bl e as above has been calc[...]tinent of Europe and/or Great Britain and/or Ireland by any route between such ports of goods declared by the Shipper to the Carrier. The Carrier shall be entitled to re-weigh a. at departure and discharge and whatever route be followed it is not always practicable in pro- or re-measure any goods, and freight shall be paid on the excess weight or measurement.[...](if any) so ascertained. The expense incident to re-weighing or re-measuring shall be borne[...]by the Carrier if the weights or measurements as furnished by the Shipper are found to be agreed that the vessel has liberty for the purpose of embarking and/or disembarking pas- correct, but otherwise such expenses shall be borne and[...]of the goods. If the description or (in cases where the value has been stated) the value[...]stated by the Shipper, double the amount of such freight shall[...]beyond the customary or advertised route, and to return to any such port or ports be paid[...]port or ports of departure to the port or ports of discharge and in followin[...]mending, baling, repacking, cooperage and repairs to packages, boxes, crates, wrappers,[...]and/or Continent of Europe bags or barrels resulting from insufficiency of packing or from exce[...]4) 7; and/or Great Britain and/or Ireland in any order backwards or forwards and even though If freight be not paid within seven days of the vessel's[...]and/or disembarking passengers interest at the rate of 6 per cent, per annum shall become due and payable thereon by the[...], Consignee or I d' see or the Bill of Lading, or Receiver of the goods. The[...]! VI age, charges (including additional freight or double freight the present voyage.[...]ed by any route and change the intended route before the com- and/or exp. is e 6 payable on corrected weight or measurement, and additional[...]10 per ce d primage not prepaid at port of shipment), demurrage, damages[...]port of loading or call, and may put into and remain at any port or ports for fuel or supplies[...]all payments made and liabilities incurred in respect of charges,[...]out cargo on board, or for adjusting compasses or repairing, or[...]2eg Master or Agents render this advisable, and all such ports, places, s[...].1'any) payable which under this Bill of Lading are to be borne and paid by[...]pa shall be included within the present voyage.[...]. Consignee or Indorsee of the Bill of Lading, or Receiver of the goods. If[...]t vessels in all situations, and may dry-dock before or after the loading or[...]Carrier shall be entitled to recover the difference from the Shipper, Consignee and/or the[...]from the vessel's rail immediately the vessel is ready to discharge, berthed or not berthed,[...]whatsoever, which are by clause 3 (a) hereof declared to be in • the present voyage, the contrary. The Carrier shall b[...]s or places of pa' Goods in course Sundays and Holidays included, all extra expe[...]o of transhipment may be placed or stored in craft or asl a • .ipped qr forwarded or Receiver of the goods, and the Carrier shall be unde[...]returned by sea and/or inland waterways and/or land[...]discharge or final destination any written request in the margin hereof or otherwise. If the Consignee or Holder of the[...]k of the goods shipped hereunder, or if the entering (If scharging (or continuance of dis- Bill of Lading requires delivery before or after usual hours he shall pay any extra expense[...]ikely to be delayed by blockade. incurred in consequence. If the Consignee or Holder of th[...]interdict, quarantine, strikes, lock-outs, labour t ubles (whether the Carrier or his servants delivery of the said goods at the time and rate aforesaid, the Carrier shall have liberty to[...]are parties thereto or not), civil comnsotioris, riot. , war, epidemic, fever, or other illness, discharge and store the goods afloat or ashore at the expense and risk of the Owner of[...]ct to the Carrier's liens mentioned in Clause 8 hereof ; if the Carrier[...]be considered by the Master (whose decision shall be absolute[...]"6 .E there or at any subsequent port, then the goods may be landed or put into lighters there[...]demand demurrage at the rate of 6d. per gross register ton per day or portion of a day[...]sk of the Owners of the goods ; and the Carrier's responsibility shall cease at the rier[...]Pi vessel's rail when the goods are so discharged, the Master or Agents giving immediate landing, overside and/or reception charges, including lighterage if any and a[...]the Owner Customs, Consular or other regulations not being complied with, or to Customs p[...]shall bear and pay all charges and expenses incurred in consequence of such and/or other necessary papers not being lodged within twenty-four hours after vessel's[...]goods entry at the Customs, or when required, will be charged to the Consignee and/or Owner o[...]e Carrier, and the Carrier shall be at liberty to return[...]Cargo on deck and livestock are received, kept, loaded, carried and discharged at Sh[...]r of the goods, who shall pay in either case the freight and/or forward-[...]k and the Carrier shall not be liable for loss thereof or damage thereto even though ing expenses thereon. Specie deliverable in London will be landed at[...]resulting from unseaworthiness of the vessel or from[...]arrier is to cease as soon as the specie is delivered from the vessel's deck.[...]- The goods (other than refrigerated cargo which shall be stowed in insulate[...]the event of quarantine the Carrier shall not be responsible for loss, damage or[...]may be stowed in poop, forecastle, deck house, shelter deck, passenger space,[...]delay arising from or consequent upon quarantine regulations whatsoever or wheresoever ba covered-in space commonly used in the trade for the carriage of goods, and unless stated[...]l purposes (including general as required for the vessel's despatch, and all expenses of complying with such regulations[...]of the Act and Schedule men- as regards the goods comprised in this Bill of Lading,[...]ss tioned in Clause 1 hereof and of this Bill of Lading shall apply thereto. on the goods of whatsoever nature or kind shall be borne by the Owner of the goods.[...]or the insulated or other space on this vessel is requisitioned or controlled by or Agents of the vessel and the expense thereof is to be paid by the Receivers and Con-[...]his or their uncontrolled discretion he or they think it advisable) at any time before or ing an Agent on behalf of the Consignees to land and receive the goods, the Consignee paying[...]tised or agreed or customary route, and/or delay or detain the[...]all charges in connection with the landing and reception and the goods shall be received in[...]regulations to the contrary notwithstanding.[...]for loss or damage directly or indirectly sustained. In addition to any liberties expressed or The Carrier and his Agents s[...]0. or directions as to departure, arrival, routes, ports of call, stoppages, trans[...]thereof or of any person acting or purporting to act with the authority of any Government respect of any one package or unit unless the value thereof shall have been stated in[...]cs) or any Department thereof, or by any War Risk Insurance Association worki[...]on the Broker's Order, which must be obtained before shipment, and on the[...]Government scheme in which the vessel may be entered, and nothing done or not done Shipping Note presented on Shipment, and extra freight agreed upon and paid, and Bills of[...]under such orders or directions shall be deemed a deviation. The vessel is free to carry Lading signed with a declaration of the nature and value of the goods appearing thereon.[...]contraband, explosives, munitions or warlike stores, and may sail armed or unarmed. When the value is declared and extra freight agreed as aforesaid, the Carrier's liability[...]4. Where the Port for which the goods are destined is a port at which the vessel does[...]rier may discharge and tranship or land and/or store (either ashore or In the event of the[...]d/or by the vessel, all claims in respect of such loss or damage shall be deemed to be[...]but at Shipper's risk in all respects. On discharge from the vessel at such port of trans- charge within three days after such goods were or should have been discharged from the[...]shipment, the Carrier's responsibility shall cease, and neither he nor the v[...]l, or in the case of transhipment cargo, within three days after such goods were or[...]after such discharge, or while the goods are not in the actual custody of the Carrier or of[...]his servants. In respect of the carriage of goods from such port of transhipment to the ments shall be prepared at such port as shall be selected by the Carrier[...]ing goods and any special charges thereon shall, if required, be paid to the Carrier or his[...]the expenses of such operations but incurring no responsibility as Carrier or Custodian of Agents previously to the delivery of the goods. Should salvage services be rendered to the[...]loss, damage or detention, howsoever caused ; in respect of cargo by any other vessel or vessels belonging wholly or in part to or chartered by the[...]them beyond the port of been rendered by a vessel or vessels entirely the property of different ownerships or Lines.[...]and/or inland waterways and/or land) or of any warehouseman. lighterman or Englan[...]IN WITNESS whereof the Master, Purser or duly authorised Agent of[...]h bein accomplished, the others to stand void. If required by the Carrier or his Agents, one of the Bills o[...]Printed and Sold by Smith & Lane, 15 Bridge Street, Sydney. fully endorsed, in[...]rareassia NMI 1,4441 44111410)000611111111101114 00.4410404110411404041,4.0, , |
| [...]ng consignments of Australian No;tes by steamer were made bets en branches dur nt, the week ended 24t[...]Amount. 19/12/27 Melbourne Launceston f Loongana" X30,[...]Darwin "Ilalabar" 63,000 Brisbane "Loreton Bay" 235,000 Ade[...]OF £10 J. BL. Referring to our No.533 of 13th instant, the Council accepted the offer set out in your cable No.482 and on the 20th instant, we cabled y[...]on in the prospectus. We are enclosing herewith letter under tho seal-of the Council authorising the Bank to arrange the flotation also three copies of the Acts under which the loan is being s ued (No.16 of 1925 and No.76 of 1926), and certified copy of the Tasmanian Government[...], interest on the loan. Regarding the disposal of the loan proceeds the |
| [...]LONDON Dated 20/12/27. o. 73. eferring to your telegram of 9th December 482 Launceston Cite acce[...]iately letter fro the Government guaranteeing interest is recived. Particulars for insertion in the prospectus as follows: Issue under Act 16 1925 76 1926 purpose same as last loan except delete water ins[...]Capital value £2,174,428. annual value 073,811 present rate including Tramway 3d. is 4/6d. in E. Revenue year ended June, 1927 2222,472 Expenditure £211,092 total debt 30th June, 1927 £749,826 annual sinking fund £101500 accumulation 30th June £166,613 Reserve Fund £56,427 other particulars same as last prospectus.[...]from Sex and Nance." attl_111_11L14 No. 734. Referring to your telegram of 15 t December No. 488 Metropolitan Water Supply and Sewerage Board (Bris.) please purchase E6,750 Board securities at £93.5.4 and any further amounts available at par or under total purchase price not to exceed £20,000. Debit Board current account your office over- draft approved Interest 6%. No purchase to be made after 27th December on[...]l payments under telegraphic advice including interest on overdraft. Dated 23/12127. No. 735. Please lodge order Portals Ltd. for further supplies watermarked paper of present size as follows:- 10/- 2500 reams tl- 5,000 reams £5- 700 reams delivery about MAY, 1928. Renew Note Issue Department Hritish Treasury Bilis £1,420,000 maturing during January. Referring to our teiepram of 20th December No. 733 City of Launcei[...]December Government has approved guarantee of interest. Referring to your telegram of 16th Pecember No. 489 Brisbane City Council we await your further advices. Dated 2 1227. No. 73 9eferring to your telegram of 23rd Dece(f,ber do not purchase furtner Metropolitan CraterSupply and Sewerage[...] |
| [...]York eight rat* on on 4 88 5/16 ntresi 4 89[...]Osecho ovakia T.1%14 164.68 Normany Reichmarks)[...]rtugal 2 7 16 Calcutta 1/6 3 64 2/6 7/8[...]80,000 held on account of Note tam Department matured to-day. Head Office credited £763.18.8 representin3 difference between Face Value and Co t Balance of proceeds credited to Note Issue Department Special Account.[...]for the Note Issue De rtment British Government Treasury Bills as follows: Face value.[...]Date 2nd ac, Rate of Discount £4.6.6N pia Referring to your telezram of 16th December Carus tender 2:1-A0 per yard less 2 di[...]omplete 10 weeks. Two other quotes much. higher - Reply as soon as possible. New York sight rate on London in 4.83 5/16.
|
| [...]GliAGEL,-- TEMPOhAil ADVANCE. Referring to your letter No. 352 dated the 18th November, Mrs.[...]00 worth of 50 1943 Stock inscribec at Sydney Registry and the Bank's lien has been recorded at £7,000, the amount of the signed transfer which you hold. In view of this we confirm your action in granting temporary accommodation up to £6,000, but it was risky to advance against an Official 'Receipt as no value is placed on these documents and Stock can be transferred without them. A cabled encuiry should have[...]proper security over Stock unless it is transferred into the Bank's name and registered, but in this case as advances are to be only temporary the present arrangement may stand l —but if repayment is not in sight by the time these advices are received, we consider that the transfer which you hold should be sent to us for registration. Yours faithfully,[...] |
| [...]rd tianuar y 1928 TTER NO.541* P Itoldav a[...]you Last on 28th instant, and have now roc ived your letters Nos.361 to 368 dated 25th and 29th Novembe2 and 1st December 1[...]ON AUSTRALIAN NOTES.,// Referring to aur letter of 28th ultimo we have to advise that owing to industrial trouble the s. s. "Moreton Bay" is not proceeding further than Sydney, and that the £235,000 in notes that was despatched from Melbourne on 24th ultimo by that steamer will be forwarde[...]Sydney on January 7th. rn the meantime the notes are being held in safe custody at this Offiee. There wa e no consignments of notes by steamer b[...] |
| [...]DILIOBBRI 927 . Enciosures as advised ta your No. 59 have coin to hand and have been passed on to our Brisbane Branch with the necessary instructions to remit proceeds by T.T. for payment to the Westminster Bank L d. Coupon Department, Lombard Stre OREAL 111 OF AUSTRALIA 5 1 CASH AND CO VERSION WAS.[...]ette O. Coleman for Z100- has come to hand and is receiving the necessary attention, OrWEALTH "Run POOL. ACN BY FREE . The advioes contained In your No.354 are noted. We have advised the Prime Minister's Depar[...]W thank you for the advises contained in your cable dated 23rd ultimo, regarding the conversion rights which the British Governmant is offering to holders of 5j Treasury Bonds ..aturing on 1st September 1928. The offer does not however suit us at Tresent and we according y cabled you to that effect[...]NT - LOAN WAGE BL We do not appear to have received the usual half- yearly statement of Inscribed Stock and Bearer Securities |
| [...]- b your ch aro t 50th tuns last. P ea ad- e.[...]d con rol documents to Branches upon receipt of same. 2....bg122.0g1,1133EALIVALIMUIR. We reoeiVe numerous requests for drafts on Lublin. Pol and con[...]u will take up the matter with a suitable ank represented in that City, and if possible make arrangements whereby our tal. Branches may have drawing facilities thereon. RI P00 CI T:NG CO Enclosuress advised in your No.363 have been received Worring to yo No0363 you ill s nee have receive our No. of 13th ultimo advising under the headine[...]ank you for the advices in your 10.364 which ha |
| [...]the sun of 63 ,000 Bank of New South 17.a1es[...]e. Dated 2812 ft, rring to your telegram of 23rd Doe mber National V Bonds[...]e Department we do not• wish to convert* Referring to your telesram of 2nd December aocept Carus tender[...]calico, Dated LW27. No.739. errinG to our telegram of 8th November credit in account Head Office further £500,000 proceeds Sydney City Council io[...]0 an T.Ts to the debit of this Office. Receive from Commercial Bank of Australia Ltd. the sum of £63,000 as a T.T. for credit of this Qffice. Referring to our letter of 21st November 524 before close of half-year credit Profit and Loss with actual cost of conduc[...]istry plus 2%. Debit suspense account pending reimbursement from Commonwealth Government. 4. R ferring to your telegram of 29th Do omb r £800 does not appear correct in view of provlous advines Should not mount be '13006Q Dated 0.74 • Intor41ct orodt[...] |
| [...]ustralia r eeiv- ed cable that Loan Council were prepared to issue in New York in the name of Commonwe[...]me of south Australia for £2,5000000. After conference at Australia House he is replying as follows - Quotation begins"issue of'[...]flux of £1,500,000 gold from New York have strengthened gilt edged stock. The list of British Loan cioses on or before January 4th for cash and January 11th for con[...]son CO. anticipate no difficulty issuing our Loan £2,500,000. If loan issued to-day price would be £97.10.- but might be higher' if market improves. Present market price 925/8 please telegraph• reel "quotation ends. If decided to issue in London would be put out about 20th January and would take precedence over Brisbane with Launceston subsequently. Referring to your telegram of to-day Brisbane City Council R. Nivison & Coy awaited British Government Loan before answering. They presume you will induce Brisbane to hold back mea[...]ose by doing so. Dated 23/12/27 'o .496. C.B. of A. Note :ssue Department Government announce issue of 5% Treasury Bonds 1933/35 at 101. Holders of 5$ National[...]oan on basis £117- consolidated loan for £100- Treas- ury Bonds if exorcised between 16th July to 31st July next and on basis £114.10.- consolidated loan if exercised between 16th January and 31st January 1929 list closes 1[...]Do'Tou wish us convert holdings £400,000. Referring to your telegram of 21st December, Metropolitan Water[...]50 stock at 93* and debited Head Office £1,916.19.-. No other stock obtainable at present London Stock exchange closed till 28th December shall we endeavour to obtain balance of stock after the holidays[...]ight rate on London is 4.88 11/32. Christmas greetings from self and Staff. Dat d 28 12 7 N04, 497 'Pe 1y figur9s. Dated 28/12/27. to. 98. Rel'erring to your tele, ram No .7 Head office debited £289,000[...]New York sight rate on London 4.38 5/16 Montreal 4.89 F[...]Czeeho-Slovakia T.T. " 164 |
| [...]S-La-39 Germany Re chmarks) T. T , rate on London 20.43 Portugal " 2 7/16 Calcutta 0 " 1/6 3/32 Shanghai "[...]0 " 1/10-1 ? Dated 2 No. 99. Referring to your telegram No.739 Head Office credited £3000000 Sydney City Council funds - Referring to your telegram No.739 Head Office debited £64,000 credited £63,000. Commonwealth Registry we have credited profit and loss £800- reservation as instructed. We have to-day credited Head Office £201135.-.9 representing interest allowed on Note Issue Deprtment "Special Account" for the current quarter. Balahce of Note Issue Department[...]s 4.88 ,7T. Dated 30 2 7. No. 00. atest London Market quotations (af after deducting accrued interest) of the fonno=# ing securities are set our hereunder:- Commonwittalth Government 5% 1945/75 498 N.S.W. Government 5% 1945/65 97 - Victorian Government 5%[...]ISM Queensland Government 5% 1940/60 97 15 S.A. Government 5[...]amway Trust 5. 1944/54 98 5 Melbourne Tramways Bd. 5-0 1944 93 10[...]5% 1949 93 10 New Zealand rIlirernment 5% 1946 101 10 South African Government 5.4 1945/75 101 5 Referring to your telegram of to-day we debited Commonwealth Govern- ment £4,180.7.4 charge to 30th November £800 now reserved for December. New York etint, rate on London is 4.88i. No. 50r.----Ralf-yearly figures. Dated 2/1/?8. No. 502. P. & 0. Banking Corporation enquire if you are prepared to entertain sale of sovereigns to Colombo at a discount of I% payment date of shipment Fremantle alternatively your terms. |
| [...]inal American granulated 16/6 Canadian Granulated 16/6 Java whites 13/6 Java average 17 tel quel 12/6 Czecho-Slovak granulated 16/- all January delivery.• New York sight rate on London Is 4.88 3/16. • • |
| [...]10th January1928. LETTER NO. 1r[...]ou last on 3rd instant, and have now received your letters Nos. 369 to 374 inclusive, dated 6th and 8th December 1927.[...]BL Referring to our No. 534 of the 20th ultimo we duly received your sable No. 495 from which it appears likely[...]about the end of January. For your information we have to advise that we have *greed to meet the Council's requirements for this month by way of overdraft and we presume you will advis us by cable as so[...]visons. We cabled you in this connection on the 6th instant /[...]ER. For your attention we enclose herewith copy of a letter dated 9t[...] |
| [...]unt of the ER. above, and have drawn on your Cramp for the =mit. Renewal receipt is enclosed herewith. Please advise Mr. Love that the premium has been slightly increased, the usual 10% Bonus having been discontinue• NEELLIMAILITIO2halg22REZ/ ER Please amend the meaning of the oode word OCT" to read: "Advise and pay £25- to Mrs. Isabella "Owendoline Bourne Orford, Tasmania." N SURANC N AUST[...]ing consignments of Australian Notes by steamer were made between branches dur the week ended 7th January, 19281 Date. From. To. Per. Amount. 4/1/28 Melbourne Adelaide aroo a £85[...]Z1 641 000 |
| [...]held up at Sydney and the notes despatched tram 1bourne by that boat on 4th instant, have been bra[...]ther with those amounting to £235,000 that were to have been forwarded on to Brisbane from Sy[...]on 7th instant will be sent on• to the respective branches by the earliest available steame[...]We thank you for the advisees contained in your 110.369 and note your remarks. Regarding your comments on the new system of management ehar[...]mention that what we may lose in London we more than make up for in Australia. • AGENTS & CORRE0P01 BANCA COMMERCIALE ITALIANA FRANCE S.A. LARall22AMPI LE DE BALE. ) Your No.370. The advisees under these headings are noted and the necessary record has been made. ATIONAL BANK OF THE R.PUBLIC T LAKE CITY./ in view of your adviees the name of this Bank has been deleted from our list of xtents. LO1DON IIMET ('.IJOTATIONS G[...]S.,/ • We thank you for the list of market prices of Government Securities fowarded with your No. 371. k |
| [...]We thank you for the information embodied ln your No. 71 which is noted. MIST IAN ER um. Your No. 373. Idyl° regarding the account of the above Co pany are noted. • LONDON F I IDS & The comments embodll ed in your N4 read with inte est.[...]F 500 000. Sec. Since writing the previous paragraph under the above heading in this letter we have received your cable of the 9th instant, advising that R. N[...]u for the information and will no doubt _ear further from you in due course. STATISTICALI71.70MAT/OH. We are forwardi under separate Cover for your files \the following N. . publications:- Auditor General's report 1926/27 Government Savings Bank Report 1926/27 Metropolitan Water Sew[...]& Drainage Board Report 1926/27. Yours4 id(t[...] |
| [...]• Dear Sirs, As we have recently negotiated a number. of demand drafts issued by your good institution and branches, we take this opportunity to request that you will be good enough to let us have for our reference a list of specimen signatures of ofiee-s who are authorised to sign on behalfof your goodselves Thanking you in advance. We are, Dear Sirs,• Yours faithfully, (sgd) Acting Chie[...] |
| [...]l!E22A21VJIA=MATAY Dated 4/1/28. No.504. Referring to your letter of 5th October have not received supply original Letter of Credit, Letter of Introduction, when were they despatched we have distributed specimens.[...]held on account of Note Issue Department matured to-day Head Office credited Z10,158.6.8 representing difference between Face Value and Cost. Balance of prodeeds credited to Note Issue Department Special Account.[...]the Note Issue Department British Government Treasury Bills as follows:- Face valu[...]Rate of Discount £4.3.9L p.a. for £860,000 4 for £60,000-. Latest advices quote:- New York sight rate on London 4.87 15j16 Montreal 4.88 7/8[...]Italy 92.36 Czecho-Slovakia 164.68 Germany (Reichmarks) T.T." 20.45[...]Portugal 2 7/16d. Calcutta 1/6 1/16 Shanghai #f 0[...]Chefoo (China) 1/10 5/16 Dated 5/1/28. No. 503. Kindly deliver[...]Armitage "Thanks radiogram all well still France returning shortly Edith" Referring to your telegram No.743 Head Office debited 1000000 - New York sight rate on London is 4.87 15/16. Dated 5/1128. No. 506. Subject to your approval, we establish a Documentary Credit in favor of Simonius Viseher & Coy in exactly similar terms to our credit No. 36 to the extent of £100,000 available 30th June. Record as our L/C No. 77. Dated 6„4/28. • No. 507. Referring to your telegram No. 744 Head Office debited £100,000. New York sight rate on London is 4.87 13/16. |
| [...]17 th January , 1928 LETTER NO. 544. P r "Na] era." The Manager[...]We wrote you last on 10th instant, and have now received your letters Nos.375 to 380 inclusive, dated 12th and[...]have to thank you for the advices contained in your No.362 also for the copy of the Forgery Act 1913 enclosed therewith. The question of amending Sect[...]is being borne in mind for considerat4on when any further amendment of the Act Is contemplated and it is probable that the Section will be altered to bring it more into line with the extract from the Forgery Act 1913 quoted in your letter. Ifr; ANG41,-SOUTI AEMAN BANK LTD. - MADRID. LO, For your attention we enclose herewith copy of |
| [...]) * ( -a letter dated 22 November last addressed to Perth Branch bl t—e above Bank.INSURAN[...]ing consignments of Australian Notes by steamer were made between branches during the week ended 14th January,1928: Date. From. To. Per. Amount. 14/1/28 Melbourne Sydney "Kanowna" Z435,000 tt[...]3 000 Referring to our letter of 10th instant, we have to advise that the Z235,000 in Notes consigned from Melbourne to Brisbane by s.s. "Noreton Bay" on 24th December and held at th office for saf custody were forwarded on to Brisbane by s • s • "Jervis B[...]to advise also that the notes consigned from Melbourne by s. 'Ormiston" on 4th January to Brisbane, Townsville aa Cairns Branches were forwarded on to their respective branches by the S.S. "Canberra which left[...]omminwealth Bank(Savings Bank) Act 1027, and for your informa Lion are enclosing 2 copies of same. A further supply of |
| [...]when availnble. As a matter of interest we are also enclosing 2 copies of the Commonwealth H[...]blication issued by the Westminster Bank Ltd. referred to in your Ne.376 entitled - "Points before TravellIr has been received and we thank you for passing this folder on[...]IA 5 GASH & CONVERSION LOAN. Enclosures as advised in your Nos. 377 and 379 have been received and are having the necessary attention.• NOTE PR[...]MACHINES . Your No.378. Advises under this heading are noted and copy of letter and blue prints from Thomas de la Rue & Coy Ltd.have come to hand andare being passed on to our Note Printing Branch at Melbourne. LONDON FUNDS 4 FINANCES. // We are obli ed for the full information embodied in your No.380. • PROPC)SED LOAN FOR SOUTH AUSTRALIAN GOVERNMENT - 000. We duly received your cable of the 12th inst ant stating tha[...] |
| [...]rchase their stock upon the arket. If this were agreed to, which we note is your recommendation, I;Alossrs. NiVison & Coy expect to b[...]of malr.ing available the £83,000 mentioned has our approval conditionally upon the adv9noe being repaid out of proceeds of the loan. lae cabled you to this effect on 13th instant. Your s faithfully,[...] |
| [...]LTD. Casa Central: Londres. era out is6 wilt. oak ow Ur .16.[...]PERT H. Dear Sirs, As we are renewing the list of signatures in our file, we should be obliged if you would furnish us at your earliest convenience with the latest list of specimen signatures of your signing officials at your Head Office • and Branches. In the event of any future change in the list sent us, we should appreciate your official advice, notifying and authorising th[...]g you in advance We remain, Yours faithfully,[...] |
| [...]CABLE(' FROM LONDON. Dated 10 1 8. No. 510. Referring to your telegram No.746 Head Office debited £189,000. Subject to your approval we establish a Documentary Credit with Red Clause (London Form 0.B.2) favoring drafts of Fa[...]ers' Co-Op. Grain Insurance es Agency Co. Ltd. at 60 days sight to the extent of £29,500- available[...]B. Pedersen". Insurance ineliding War Risk covered on this side. Red Clause advances to the extent of £20,600- current at any one time. Weight of bags as wheat any advance against freight to be endorsed on Bill of Lading. Record as Letter of Credit No. 79. Other conditions exactly the same as in our Letter of Credit 9.,Dated 11/1/28. No. 511. Metropolitan '?D[...]ish investors have drawn attention to speech of Frew reported in Brisbane Telegraph of 12th Novemb[...]ncial difficulties disclosing capitalization interest on indebtedness to Government in 1922 and 1923[...]paragraph first page states instalments and interest have always been promptly paid. Authority fo[...]ve asked R. Nivison & Coy for explanation and we are asked to refer to you. As prospectus is basis of contrac[...]serious mis-statement. Dated 11 1 28. No. 512. Referring to your telegram No. 747 Head Office debited £100,000 - credited £30,000. Latest advices quote New York sight rate on London 4.87 7/16 Montreal. 4.88 7/16 France T.T 124.02[...]92.17 Czecho-Slovakia 164,7/16 Germany (Reichmarhs 20.47[...]Portugal 2 7/16 Calcutta 1/6 5/64 Shanghai fS[...]Chefoo (China ) 1/10 5/16 Dated 12/1128. No. 513. Referring to your telegram No.749 Head Office debited £300,000. Referring to your telegram of to-day R. Nivison & Co. are sorry they do not expect opening for Brisb[...] |
| [...]e 5$ but cannot very well n,lie price till nearer time of issue. Securities totalling £400,000 held on account of Note Issue Department matured to-day. Head Office credited £4,386.13.4 representiri difference between Pace Value and Cost, Balance of proceeds credited to Note ssue Department Special Account.[...]the Note Issue Department British Government Treasury Bill., as fo Face value £400,000[...]if necessary to purchase their stook on the market which we strongly recommend. R. Nivison c.4 Coy would then expect[...]' telegram *.to.700 Head Offi ce Reforr ne to you, debited £50000000 Sec[...]held on account of Note Issue Department matured to-day. Head Office credited £1,091.13.4 representing difference between Face Value and Cost, Balance of proceeds credited to :dote Issue Department Special Accoun[...]the Note Issue Department British Government Treasury Bills as follows:- F[...] |
| [...]S-La-39 Dated . 1 8. No.516. Latest London market quotations (after deducting accrued interest) of the following securities are set out here under:- 00mmonwealth Government 5[...]Z98 5 N.S.W. Govt 0 1945/65 97 10 Victorian Govt.[...]5,% 4 1940/60 97 15 S.A. Government[...]Trust 51% 1944/54 98 '5 Melbourne Tramways Bd. 5 1944 93 10[...]IWO New Zealand Government 5% 1946 101 5 MO. South[...]5 Dated 18 1 28. o.8 earring to your telegram No.751 Head Office debited £350,000[...]- Canadian Granulated 16/- Java Whites 13/4 Java Average 17 tel quel 12/6 Czecho-Slovak granulated[...] |
| [...]ueensland National Bank Ltd. 9 6,000 s to the debit of this OfficeNo, 747. Referring to you 10th January No. 610 Letter of Credit approved, Pay to- Commercial Bank[...]000 as a T.T. to the debit of this Office. Receive from Union Bank of Australia Ltd the sum of £30,000 as a T T. for credit of this Office Dated I No. 748. Referring to your telegrim of 9th January Brisbane City Council could issue be made before the end January - advise prospects and probable terms Please reply promptly as Mayor at present Sydney conferring an .tter and expects to lea[...]0 000 as a T.T. to the debit of this Office. Referring to your telegram of yesterday we agree to balance of £83,000 being made available to South Australia conditionally on the advance being repaid out of proceeds of the loan when raise[...] |
| [...]erday. VOTE ISM UPARTMEN SS= TIES. Referring to our No.541 of the 3rd instant, we should be glAd if y[...]sue Department. Amounts When collected should be credited as shown hereunder, this office being advised by cable:- Amount to b credited o Redemption Due Date Investme Value .1[...]S (dal A account. 1/3/1928 3 War Stock 800,000 £7851 220.1 .8 4,779.3.4 1/4/1928 5% War Bond ci X262,,500 £2601500 1/9/1928 5% War Bonds R420 0000 £420,000 |
| [...]LUU 00 01.10.1. 411.......400.611.1a4kon rtt[...],kstf, • 1,1 A orerrinc to your no, 347 of 17th tiovember advieing that oru.[...]mation* an extract from letter dated 17th inutant reoeiv0 from the General Itaxiager of the 'dote[...]tion :- it,-.10 to report that attilr putti.t into miliatactur0[...]quit* tinsuitabio for our purpo6-e04 \';e-. also hold ranufaoturod :work which[...]0.1)-oiled *It* *doh, will have to be titre This hart[...]Itas *oat us u to, tbo-. preteent, thrit .we H.m,e under L direct lorig of irrettive or bet saddled with. 700 rowan of pain, reprosont tog over tn ry[...]pay.us ..4114 to re:04mo the 700 de.footive repz2, .[...]ay £rnht)4o** between here ,r,1,, nti, London* . ootcroe. thr,re i it ofup000n, in[...] |
| [...]rote you last on 18th instant, and have since received your Letters Nos. 381 to 388 dated 19th and 22nd D[...]BALANOS SHEET -- 3ch Dept. torwaret by this mai (5 skeleton balance sheets for l[...]/12/27. Balance sheet figures will be cabled you in due course as per schedule atta6hed our letter No. 161 of 9/3/26. mg/ I s s Actuary. We have been informed that there is an Asso iat: in Belgium Which keeps[...] |
| [...]S-La-39 "Contrefa one et Falsifications Bill[...]and in addition a spoweia1 Bulletin (written in French ) published each time a forgery is reported. We should be gla[...]of the above publication, to be forwarded for our use and also • for our Bank to be placed on the list of subscribers to receive a copy of future special bulletins. PUBLI9ATIONS. Acty[...]if you would arrange for one copy of each future iSsut of "Penrosess Annual" edited by William[...]09 Farringdon Road, London, E.0 to be forwarded direct to the General Manager of the Note Printing[...]EALTH IIH. We refer to your No. 379 of 15/12/27 and hand you herewith copy of a letter received from the Commercial Banking Company of Sydney Ltd., Road Office, dated 20th January, 1928. Ton will observe that lass Robertson's December 1.927 holding has been redeemed and the proceeds transferred to her credit with the Commercial Banking Coy of Sydney Ltd. London. We have • therefore, cancelled the application for conversion. |
| [...]X N_5T NAL BANK & TRUST 00. --- or your attention we enclose copy of letter received LO from the above. We have advised them that the matter has been referred to your Office. !:10E ._ ON STRALIAN NO[...]ing constgnments of Amstralian Notes by steamer were made between branches during the week ended Saturday 21st January 1928 Data r 1. ES To. 1 /1/28 Mabourne Adelaide Itetoomba £258,000[...]Sydney al.' 360,000[...]n connection with their list of authorised signatures bArree been forwarded to Oapitste. CREDITO ITALIAN°. The advices in your l.e er No. 383 have been no ed. We *gr[...] |
| [...]S-La-39 involved, to include the addressee of various Branches of Agents in large centres whore drawings under our Circular Letters of Credit are negotiated at more than one of their offices. Awe WZENR BMX MEIN. BANK FUR OBERO,STIMIREICH UND SALZBURG The arrangements made by you in consequence of the Wiener Bank Verein closing their Branch at Steyr (Austria) have been recorded and Branches advised by circular as necessary. THE STATE BANK OF for your records we enclose 6 copies of revised list of authorised imatures, dated December 1927, issued by the above Bank, • We refer to your No. 377 of the 15th December last. Bri[...]of £150 5% Decew*er 1927 Inscribed Stock was redeemed and proceeds sent to your Office for the credit of her account on the 15th December, 1921. We understand that the redemption application was pre viously received through Bundeberg Branch prior to owner departure for England• |
| [...]vise us on this point. wit Qv viaTorg4, qv. Your No. We note your advioes and are pleased to receive the copy of letter from the Commercial Banking Ooy of Sydney Ltd., the tenor of which is appreciated. NEW Yon APEPCX. Referring to Paragraph under the' eliding of *0010 • Remittances to replenish New York Funds in your No. 385 it has now bean decided as agars conv[...]lous method of err ing Now York finances as requ red that our Agent there will ar ange for al ki inetitutiem to buy from hlm London ?undo by T. T. or draft as may be required. We hardly think it necessary to arrange God. o t the present juncture, in view of this arrangement . LO BS. es cl ont aired nyo . 388 for which`we • thsuak you oare noted |
| [...]SHOJI Yo Your advice s are no ed and ould nt on for your info 'nation that re entity the of Mi uasan 3:alaha approached us with a request on rat ar Ines and the Aatter is reaelviris consideration tt. the pre 3 flt time. EDELLIgaignia. Yo[...]gy. 'TA refer t your cable of the 19th s ant, enquiring Whether it would t us to make advances a Read Off/0e to the above of 4350- against cash deposited at your end. You will since have received our reply approving the riegue provided It is of a reasonably temporary na ture. Xntere t will be charged here on the overdraft at Australitul rates and we ammo that you w allow interest on the Zz50 with you at London rates.[...]r sableNo.5 71. t 00 000 redit of South Australian State Government. The action ha, our approval and you were duly debited in cunt with theabove amoun on 21st initant. ?or your • inform ion the Sou Australian State Governmentwere |
| [...]SYDNEY 20th January, 1928. Deputy Registrar, Commonwealth Government Inscribed St[...]00, EALTH 5I WAR CONVERSION & REDEMPTION LOAN 1927 MISS LILLIE ROBERTSON. Referring to the Conversion Application for £100 1943 5°/4, which we received from you to-day, signed by Mies Lulls[...]inform you that the amount has been transferred to her credit with our London Office, our • instructions were to credit the interest from time to time and principal at maturity to her account. We return you herewithMI s Robertson's Application for Conversion. Yours faithfully,[...] |
| [...]y, Australia. Dear Sirs: take pleasure in informing you that shortly after the first of next year„1928,this Institution will issue its own Dollar Circular Letters of Credit, and we beg to inquire ir you are agreeable to our including your name, as well as that of your branches, in our list of principal correspondents who will cash Letters of Credit of the Chatham Phenix National Bank and Trust Company. Upon receipt of your advice to this effect, we shall be glad to forward you specimens of our Circular Letters of Credit for your files, together with any other information which[...]of value in this connection.• Reimbursement of amounts paid by you will be obtained by demand drafts drawn in your favor by the holders of our Circular Letters of Credit on our principal bank, 14 Broadway, New York City. We shall appreciate receiving your terms and conditions. It is understood that all charges are to be collected from the holders of our Circular Letters of Credit at the time drafts are drawn by them on us. Very truly Yours, (Sgd.) SOHN B.GLENN. Assi stant Vice-Presiden t. |
| [...]647 o. ve i nk f Au- d. the £6 000 as a T, T forredit f this Off ice. P o:. Ban, of Nim South the s of Z226 000 Co= rcial Bank of Ltd.[...]s to the debit of this Office Dated 3. No./69. Comm, al nank y of ;1.4m Ltd[...]0 as a T.T. to the debitof this 1 On 26th January pay Commercial Bank of[...]a T to the debit of this Offt e. d N. 760. an[...] |
| [...]ed 1/ 8 No. $ R erring your teiegram No. 7 2 lead Officedebited L[...]k si rate on London 4.87 5/8 Montreal w 4.88i1 Pranc[...].17 Czech° lovakia T.T. " l64 0 0 Germany (Reichmarks 20.47[...]) 1/10 PAS . No0 520. Referring to your tel No,754 Head Off e debited S100,000. Wo[...]e of Talbra Dunedoo of C.350 ainst cash deposit here New York "sight Rate" on London is 4 87 5/8. flat 2p/1/ 3 . ko. '10 Subject to your appr val pay South Australian State Government Z300,000 and debit this office ta account. Referring to your telegram No.755 Head Office debited £425,000. Now York sight rate on London is 4.87 7/16. Dat d 21 I 8 No. ahou No 522 eferr nog to your e egram No. 756 Offi debited 25,000 Referring to your telegram No. 730 Offic crediteda000000 Sydney City Council funds Da o ter o egram o.7 7 Head Office reditee 433,000 debited r4436 000. York at ht rate on London 4.87 7/16. Dated 2 o.524. R Sri erring to your telegram of 21st January we stablish documentary credit in favor of Mitsubishi Shoji Itaisha Z100,000 drafts at 90 days sight .., credit expires on 31st August shipment of wool drafts to be rked drawn under Letter of Credit No. .137. Other conditions exactly tbe same as in(our cable of Letter of Credit 65. Record as Letter of Credit No. 91. |
| [...]o be underwritten probably Wednesday, rate currency 1945/15, issue price Z000 instalments payable[...]uary, 40;,,, 23rd 1arch, 4,),;:, 30th April - interest payable 13t January, lst July - inter st on instalments 1st July rebate of C for prepayment of instalments. Subject to approval Loan Council, which is expected tomorrow. Referring to your tele gram of 20th January Blake £350 deposit lodged with ua. aoferring tr, your teleram .."- 1o. 758 Head ,)ffice debited n24,O00. New York sig1 4 rate on London is 4.6'7 5/8.• ated o. erring to your t No#759 Usa 0Ticto, debited 446,000 Referrinz to your tel 4, No#760 Read Office debited Z100 OGO S La[...]Czecho-S .ovaitta 164.43 Ger (Rolohmarks) ft[...]1/6 le 3hanghal[...]Ghiefoo ( St ft 1/9 15/16 orerrinc to yoir telegram flo.7 9 Head[...] |
| [...]BRAGS BOARD SIM.). On regttapt of your cable No. 511 of lth anuary 14v sing that I-,[...]with the Board concern the matter and were authorlsod by te1ephone to reply in terms of our cable of 18th January. Mail a4vices have new boon reel, ved from Brisban and it appears that the c[...]Board included the add1tioaa1 phr*** "and interest and r demption of these spocial loans pr[...]ds due to Govern- meat. Our able of the Ietb. January was despatched prior to receipt o these man advices„ and we did not[...] |
| [...]onsider ab *our,, f al•[...] |
| [...]31st January, 1928. Per "041,tral." T[...]wrote you last on 27th instant, and have now received your letters Nos. 389 to 392 dated 29th December, 1927[...]The finalisation certificates forwarded with your No.389 have come to hand and have been passed on to the Wheat Growers Pooling & Marketing Coy, Sydney. INS CE ON PAPV -[...]ONE ST- BT°C. Enclosures as advised are to hand, for which we thank you.[...]0. The advices contained in your No. 391 are noted , and we have advised the Commonwealth Treasury in terms thereof. |
| [...]-La-39 The advices contained in your No.392 are noted with CO,RR ONDENU. Our No.548 under e heading "MbtropolitAn .ater Supply[...]he applications forwarded on behalf of the above are having attention* With regard to your final pararrraph, we regret that no forms were forwarded to you on this occasion. However, in respect to future loans we will arrange for a few application forms to be despatched to your Office immediately they are available* ON KO &I SHANGHAI BANKING OORPORVION. ER. If not already claimed please pay the London Offi Ar4, of the aboveInstitution the sum of £6.15*- drawing on us in reimbursement thereof. This amount represents cost of weekly excha r, rat messa, s[...] |
| [...]ng comAinments of Australian Notes by steamer were made between branches durin, the week ended[...]To. Per. Amount. .24/1/28 Melbourne Perth "Kanowna" Z89,000[...]£659,000[...]ION.-'7 C L. The advisees in your letter o. 389 under the above heading have b[...]zihall be glad if you will forward, for our records a specimen of the safety paper used for[...]lers & Sons of Sheffield, for delivery in Melbourne before the end of May, of 250 M.T.3. Steel Transfer • Plates 16i x 1" x 3/16" thick with both long edges sli ht1y bevelled[...]last price was approximately Z2/1/6d. per plate London. |
| [...]S-La-39 We refer to your Cable No. 513 of the 12th instant, advising t[...]delay in obtaining a quotation from the Lond market It was decided to make definite overtures to the American • market, and we accordingly approached the National City[...]Eessrs 3,P. Lorgan concerning the matter. In reply to our enquiry we were advised that an issue of 5;,; bonds could he[...]offer, however, didnet attract the Council, more particularly as they bad received an indication that Messrs. Lee Hig inson & Co. would be prepared to offer a more favorable price. We accordingly arranged with tho) latter firm to submit a tender, with the result that the Council has now accepted this fi[...]the same as in connection with the Council's previous American issue. Some formal matters remain to be completed before the contract is s gn but we anticipa[...]il be made in a few days. For your own information we might state that the contr[...]ange that Messrs. Lee HivinsanA Coy may cash courians presented to them for payment. |
| [...]T.Ts. to the debit of this Office. Renow Note Ism° De rtnt Bri loh -rraal ry Dili. £250,000 maturin during Februar. At your discretion prior to 4th rebruary purchase )2900000 by calle trmIsfer for[...]28,1,44. ao.11 . Brisbane City Council - ?or your confidential infornation tTrangements practic[...]unt Price net to Council other terms name as previous islues*Oonftlential onnorrarealth Government- recently sounded New York market I lockn ' 0000000 to 4„',5000000 000 but terms offered 5-') cnroases 27-;,; quite uacceptable.[...]' Commonwealt London requested review gholo pewitiorL. No rder 140.0day s date dobit Note I e Depar men t Special Account credit Head Office account £500,000. • |
| [...]7th February, 1928. LETTER NO.551. Per "Orsova." The[...]We wrote you last on 31st ultimo, and have now received your letters Nos. 393 to 401 inclusive, dated 4th and 5th January, 1928. • YEARLYFIGURES-lsDEOEMBER3.2. ALF-s_ 3 &_LI r I Your half-yearly returns as advised in your No. 393 are to hand and at the present time are In course of checking. In future we would be glad if you would cable us when the returns are posted, advising in the cable the name of the Ves[...]sUally let the uditor-General know some time before we have our final half`--dearly figures available for him,in order that he may make the necessary arrangements to be in Sydney by the time we are ready for him. |
| [...]1st December, has come to hand. We thank you for your advices.COMMONWEALTH WAR CONVERSION & REDEMPTION LOAN - JOHN RENR on S«B. Account No.15 2 - our No. 39• Safe Custody Receipt No. A.9658 in favor of the abavenamed, has been received. BANKERS' CLEARING LOND0f. to/ Statement and report issued by the Bankers' Clearing House, forwarded under cover of your No. 396 has been perused with interest ,and. we thank you for forwarding the publicatL[...]ly statements of the above account as advised in your N 398 have been received. LONDON FUNDS & FINANCES. We are obliged for the advices under this heading contained in your No. 401. For your information we wish to advise that the aba[...] |
| [...]ALTH G ----qS_SSLtaKS._ GOVER rOGK REGISTRY' HH We revert to our No. 524 of the 21st November, 1927, relative to the new basis of remuneration to the Bank by the Comm.- wealth Treasury for conducting Registries (including the floating of loans etc.) in[...]a, and in particular to the statement enclosed therewith setting out the method of arrivingat the profit (tamed by the Bank in this connection, and desire to advise that "The 444st cif postage, post offie[...]mitted from this state- ment. Will you please, therefore, have the statement amended so as to include the[...]consignments of Australian Notes by •steamer were made between branches during the week ended Satur[...]To, Per. Amount. 1/2/28 Melbourne Brisbane "Ormiston w £161,000 4/1128 Sydney "Jiatoombe[...]6 _WWEAL HONGEON CORPORATION. ER If you have not already done so, please pay to the London Office of the above Bank the sum of £9.6.2, representing cost of cables, regarding exchange rates, despatched to us by their Singapore Branch during th, quarter ended 31st December 1a |
| [...]S-La-39 SANGUINETTI FRA ELLI. BOLOGNA. - Your No. 395. ôoT , SnitgEgk GEO. . CIAILLA----.-2 In view of your advices, we are deleting the above names from our records. CROATIAN DISCOUNT BANE. - Your No. 395. The specimen cheque farms have been forwarded to our Branches concerned. • BARCLAYS BANK (FRANCE) LTD. - Your No, 395. The supplement issued by the above Bank has been passed on to our Canberra Branch. pREDIT SUISSE -List of Swiss oorresDondents. - Your No. 395. BRITISH OVERSEAS BANK i/Jr S • ecimen si nature circular. We note that you have[...]f the above which will be distributed amongst our Branches in due • course. BANCO P1 ROMA. Your No. 39, Your advices have been noted and our records amended accordingly. ILO YDS NAT AL PROVINCIAL, FOREk 011 BANK[...].. 1.9.111.321. The name of Etretat (France) has been added to their list of Branches. REIREMELEAEITIEntakaa. ________ • The name of Gossau has been deleted from our records Yours faithfully, |
| [...]Dated la/21. No.50. Sugar vices Cubas B. 96% polarisation 11/11 American granulated 15/6 Canadian granulated 15/6 Java Whites[...]Java average 17 tel quel 12/6 Czecho Slovak granulted 15/6 February delivery.[...]February, March. H/0 credited Referring to your telegram No. 739/L1001000 Sydney City Council funds - Referring to your telegram No. 764 Head Office debited Z200,000. Latest London market quotations (after deducting accrued interest) of the following securities are set out hereunder:- Commonwealth Government 5%[...]10 N.S.W. Government 5% 1945/6 £97 15 Oa Queensland Go[...]1944/54 £98 IMO Melbourne Tramway Bd. 5 1944 £93 10[...]• New Zealand Govt, 5g 1946 £101 10 South African Govt.[...]New York "sight rate" on London is 4.87 1/16. 124-531_:gAed 3,14/2,8 -' viltialLEUMPA. ated 28. o 5 2. We have to day credited Head Office with £11,250- representing interest on securities held onaccount of the Note Is[...]New York sight rate on London 4.87 3/16 Montreal " * 4.88[...]Czecho-Slovakia " * 164 Germany (Reichmarks* 0 * * 20. 3 Pol[...]Calcutta ft * 1/6 3/64 Shanghai[...]1/10 3/16. |
| [...]S-La-39 Dated No. 33. Referring to your telegramf to-day Bank of England will purchas[...]London is 4.87 Datgq.-IpLak, No. 53 . Referring to your telegram of to-day forward supplies as signed[...]xpedite despatch as manx enquiries for debentures. Referring to your telegram No. 766 Head Office debited £350 000. New York sight rate on London is 4.86 31/32. Dated 4/2/28. o. n5. leferring to your telegram No. 767 Head Office debited £150,000 - Referring to your telegram of to-day Half-Yearly returns posted "Cathay" due at Sydney 6th February. Dated 6/2/28. o.536. Referring to your telegram No. 768 Head Office debited £552,000 and credited £10084,000. South African rates altered to-day and are now as follows: Sight buying[...]ight buying rate on London........ * .1/16% Sight selling rate on London....... Premium Up to .9/16% £100 and[...]• New York sight rate on London is 4.87 3/16. |
| [...]he debit of this Office. Dated V2/28. No./65. Referring to our telegram of 28th January we expect Brisbane C[...]ruling date of transfer. Dated 3/V28. No./66. Sydney City Council debentlires being signed expect be ready to leave Sydney in about month's time. Could send portion earlier as signed if desired. Pay to: Bank of Adelaide the s[...]debit of this Office. ,dated 4/2/28. No./67. Pay to: English Scottish &Atstralia[...]Advise by cable date last half-yearly returns posted and name of vessel• |
| [...]B T ADMITT TO ME STAFIF-' Referring to our letter of the 15th August la$t, we shall be g[...]t this will bi necessary in order to maintain our records of admiscdons to till staff in st[...] |
| [...]14th February, 1928. LETT7-10 P er "liar The Manager,[...]We wrote you last on 7th instant, and have now received your letters Nos.402 to 410 inclusive, dated 9th and 12th January, 1928. PAP= FOR AUSTRALIAN NOTES. / Enclosure as advised in your No. 402 has been received and your advices noted. SINKING FU D PURCHASES - Your No. 408. Your advices are noted. OF AUSTRALIA[...]OAN WILLIAM GooDA, RE. Enclosures as advised have come to hand and are receiving the necessary attention LONDON FUNDS & FI[...]the advices under the above heading,smbodied in your No. 410. |
| [...].50 COMMONWEALTH GOVERN NT INSCRIBED STOCK REGISTRY. We thank you for the advices contained in your No. 405. AGENTS & CORRESPONDENTS. CREDIT COMMERCIALEDE FRANCE.- LC The advices in your No. 404 have been noted and our records amended as necessary. BARCLAYIS BANK DO i ION COLONIAL OVERSEAS DISTRICT SANK L D. CHARTERED BANK OF INDIA AUSTRALIA 8: C-16:NA,. A 0 B. K I DIA LTD The specimen signature lists et . advised in your No. 404 will be distributed to our Branches concerned upon receipt. --- MITSUBISI 1" 1113--RA. • With reference to your No. 384 and further to our No.547, for your information we have to advise that it has been decided that the advance applied for here against Mitsui Bussan Kaisha Ltes Trust Receipts has-been declined, unles3 the Company is prepared to arrange for the establishment of a Let et of Credit .n, their favor bar Mitsui Bank Ltd. We ha[...]n suggested by them is not in accordance with our usual practice. It is felt that • we wou[...]isk involved by advancing against their Trust Receipts merely, and consider that it is may equitable that the Company arrange a credit for thei3 finance as above indicated. |
| [...]66'3. AusTRALIAN z Oir[...]ing consignments of Australian Notes by steamer were made between branches during the week ended Saturday 11th February, 1928;- Wie,. From. To. Per. Amount. 8/2/28 Melbourne Brisbane "Canberra" £72,000[...]Sydney "Kanowna" 76,000 ( " Hobart[...]61a429.5 PAPER FOR AUSTRALIAN NOTES. -- SAB. The advises contained in your No. 396 in this connection are noted, and we thank you for arranging with. Messrs. Portals to reduce our order of 5,000 reams of 41- paper by 2,212 reams being the additional stock of paper held by them on our behalf at the time the order was placed. Yours faithfully,[...] |
| [...]CABLES FROM LONDON. No - Week . Pi ures. Dated 7/2/28 No.538. Referring to your telegram of to-day R. Nivison & Co. expect to place Launceston before end of February. Referring to your telegram No.769 Head Office debited £223,000. New York sight rate on London is 4.87i. RIAIAL.ga No. 539. Referring to your telegram No. 771 Head Office debited £100,00[...]New York sight rate on London 4.87 3/16 Montreal 4.88 Franc[...]07 Czecho-novakia T.T. 164 Germany (Reichmarks)" 20.42 Portugal 2d.5/16 Calcutta 1/6 Shanghai tt fl 2/6 Chefoo (China) 1/10 Dated 9/2/28. No.540. Referring to your telegram No. 771 Head Office credited £84,000. New York sight rate on London is 4.87 3/16. Dated 4/2/28. No. 541. We have opened account with Midland Bank Ltd., and they are offering us much good business. They ask would it suit you to open a Letter of Credit up to £200,000 for purchase of wool with 50% Red Clause wool to be held in Australia 6 to 8 weeks to be scoured before shipment. We strongly recommend the business. Referring to your letter 24th December silver received Commonwealth Public Account credited £3,700 to-day. Dated 11/2/28. No.5[...]commission. Common- wealth Bank of Australia are appointed Fiscal Agents in conjunction with J[...]ommonwealth Bank of Australia is not named as responsible for placing loan. It will • b[...]tment as Fiscal Agents and documents will be presented to A.V. Mason for signature accordingly. |
| [...]other prices nominal Cubas B. 96% polarisation nominal[...]i Java average 17 tel quel 12/6 Czech° Slovak granulated Febru[...]New York sight rate on London Is 4.87 7/16.• • |
| [...]a-39 CABLES TO LONDON. Dated 6/2/28. No. MB. Pay to:- Commercial Ba[...]£129,000 as T.Ts. to the debit of this Office. Receive from:- Commercial Bank of Australia Ltd the sum of £840000 as a T.T. for credit ot this Office. Under to-day's date debit Note Issue Department Special Account credit Read Office Account £1,000,000 Dated 7/2/28. No./69. Referring to your telegram of 9th December and referring to your telegram of 23rd December, please advise when Launceston City Council loan £100,000 will be issued. Referring to your telegram of 2nd February proceeds Brisbane City C[...]h February. kill. advise exact date later. Presume proceeds to be paid to Federal Reserve Bank New York for the credit of account No. 3. Advise New York Agency direct as may be necessary. Pay to:-[...]ebit of this Office. Dated 7/2/28. No. 770. Secret. Commonwealth Government have conditionally a[...]. to the debit of this Office. On 9th February receive from Union Bank of Australia Ltd. the sum of £84,000 as a T.T. to the credit of this Office. Dated 9/2/28. With reference to a confidential letter 29th December, 1927 received from Governor Bank of England relative to co-operation of Central Banks you are authorised on behalf of Commonwealth Bank of Australia to participate to the extent of £1,0000 000 on request and recommendation of Bank of England. If greater amount at any time suggested refer to Head Office. Have requested Governor Bank of England to arrange[...] |
| [...]S-La-39 P_,I3LPL2I. go. i. Referring to our telegram of 7th February, No. 769, Brisbane City Council, then proceeds received Council c'eires E5P,500 invested best rates pending Tramvays interest Ict April. £31 000 short call pending cont[...]ised. £10,000 paid Barclays Bank W. for the credit of British Thomson Houston & Coy. Ltd. Balance crecAted this Office in account. Referring to your telegram of 11th February, No. 5421 final paragraph Mason authorised sign documents. Referring to your telegram of 3rd February e expect despatch greater part of Brisbane City Council debentures by "Orvieto" leaving Sydney 18th February. Referring to your telegram of 11th February, Midland Rank Ltd. credit approved. Dated 17"rL28. No. 774. Un[...]debit Note Issue Department Epecial Account credit Head Office in account 250P/ 739:11:8. From to-day Note Issue Department British Treasury Bills £250,000 to he held on acc[...] |
| [...]y/by 14th February, 1928 STRICTLY CONFIDENTIAL.[...]Dear Sir, FOREIGN CREDIS FOR STABILISATION OF EUROPEAN URRENCIES. I refer to ou cable of the 9th instant, relative the letter received by s from the Governor, Bank of England, regarding the co- peration of Central Banks in the assisting of the stabilisa ion of currency in certain European Countries,and for your con idential information we enclose[...]r lines to that sent you,and requested that they confer with you and make such arrangements las may be necessary for our partici-[...] |
| [...]SYDNff, 10th February, 1928. CONFIDENTIAL. The Right Hon. Montagu[...]N. Dear Mr. Governor, I acknowledge your letter of 29th December, 1927, with reference to the stabilisation of Foreign Currencies. First of all I would like to say that the spirit of your communication has been very much appreciated by myself and by my Board of Directors. The matter was dealt with at a meeting of[...]is week and I cabled to you as per confirmation herewith. We were uncertain to what extent on our part participation would be expected and in our cable to the London Manager suggested a limit of[...], however, you would like us to participate to a greater extent than this, we shall be glad to have further advices from you on the point. My Directors took the view that the participation of the Commonwealth Bank would not be really material for the success of any scheme, and that your offer was made merely with the view of enabling us to function as a Central Bank and[...]amongst the Central Banks of the world, which at present we do not hold. Again thanking y[...]Dear Mr. Governor, Yours very sincerely, (SGD.) E[...] |
| [...]LONDON- DATED 9/2/28. "Your confidential letter 29th December 19 27 received. "Spirit of your communication much appreciated. Board prepared "to participate and I shall be glad if you will confer and arrange "with our London Manager who has been instructed by cable as "follows (quotation begins) - "With reference to a confidential letter 29th December, "1927, received from Governor, Bank of England, relative "to co-operation of Central Banks, you are authorised on "behalf of Commonwealth Bank[...]rticipate "to the extent of £1,000,000 on request and recommendation "of Bank of England. If greater amount at any time "suggested refer to Head Office. Have requested Governor, "Bank of England,[...] |
| [...]16th :February 1928. No. 555 The Manager, LONDON. Peter Sir, We are in react t of your let and desire to confirm the appointment oMice Ruby Pott[...] |
| [...]21st February, 1928. LETTER NO.556. Per "Orvieto." The Man ert[...]We wrote you last on 14th instant, and haS,re now received your letters Nos. 411 to 419 inclusive, dated 16th and 19th, January, 1928. BANK'S PRIVATE TLEGRiHI COTY.E. ,[...]ppropriations have been made for use between your Branch, New York Agency, and this ,Office:-[...]DUC - National City Company Our advices to New York in this connection should reach th by the 15th proximo.[...]IL- LOAN OF £2 000 000. • SAB. Referring to our cable dated 13th February we have to advise that debentures with a face value of £1,120,000 were despatched by thes.s. "Orvieto" which[...] |
| [...]2 - The debentures were shipped by our Flinders Street Branch who are communicating with you direct by this mail, forwarding telative Bill of Lading and enumerating the debentures forwarded.INSUL USTRALIAN NOTES. -- sAB Owing to irregularities in the delivery of the mails between Melbourne and Sydney caused by the recent heavy floods we are not in a position to give a full statement of the consignments of notes by steamer made by Melbourne Branch for the week,ended Saturday 18th February. The fo4plowing consimments were nade during the period ending the 15th instant:-[...]Ber. Amount. 15/2/28 Melbourne Sydney "Orungal" £120 000 n Cairns 26,000 ft Adelaide. K[...]£457 000 Any further consig ents that may have been rr de during the week will be advlsed to you in idue course. PjZ _"‘ImIs Rk __. :_magLa Bch. Your returns have been she ked, and found to be, i[...] |
| [...]EMITTI.713 The ces cont in d in your No. 414 are noted and we than you for bringing this t er under notice. We are writing our Capital Branches to take the necessary authority from remitters for transfers in futureto be made in roubles and are also forwardinT these branahe opy of Lloyd[...]ular sent out by you, ON PM We are obli, d f or the advices co" tained your . N . 419. We note that up tof was paid by borrow[...]dation over nt7ht on 18th January,and assume that our cowilithents for that day had already been arranged at the lescter rate, and we did not participate at 4;4; as your return of "Money at short 'call' forwarded us quoted[...]r - Your No . 415 . 1.81e note your advices under this heading. The spe[...]Copies of letters as advised in your Ne. 415 te the S nk ng Fund Conri. stoners have been received. |
| [...]D R "1CT We note -'th thanks that one 1928 directory and one of the 1007 issue have been despatch[...]These bave not yet come to aald, but when received the last year's ccopy will plassed'on to T':elbourne. note thatup to date of writin the Letters oi *Credit and Letters of Introduction have not reached you. These, however, were forwarded - teredpost from Note Printin6 Bran h *Lelbourae, the 5th December and no doubt have reached you by the fo lowing mail. F REP - 4AT BANKS. We are obliged for the above publication and are looking or*ard to its receipt with interest. TLETT. Owth- of Cash[...]e necessary atten ion. Yours ithfully, |
| [...]Date 144/28. No. 545. Qeferring to your telegram No. 775 Head Office lebited 1100,000. If you approve creit South AustraliAn State government 1200,000[...]Dated 1J2L28. No. 54. Latest London market quotations (after deJucting a crued interest) of the following: securities are set out hereunder Commonwealth Government 194[...]/15/- N. S. W. Government 5 1945/65 97/15/- Victorian Governmen[...]5/- Queensland Government 5% 1940/60 97/15/- S. A. Government[...]ty Council 5% 1939 96/10/7 Brisbane Tr:.imway Trust 50 1944/54 97/15/- o4.bourne Tramways Board 5, 1944 93/15/- Brisbane 6ater Board 5% 1949 93/ 5/- New Zealand Government 5* 1946 101/ 5/— South African Gove[...]New York sight rate on London 4.87-7/16 Montreal ft ft ft[...]92.03 Czecho-Slov5ki* 164-7/ 16 Germany (Peichmarks) 20.44 Portugai 2-5/16 Calcutta tt 1/5-59/64 Shanghai 2/6-3/4 Cbefoo (China) 1/9-1546 I.iunceston Loan - R. Nivison & Co. propose[...]loan at a price not exceeding par and accrued interest', (quotation ends). When confirmi[...] |
| [...]S-La-39 Dated 15/P No. 547. Secret. Referring to your telegram of 7th February, No. 7700 High Commissioner for the Commonwealth now reco mending Govern- ment to abandon negotiations ow[...]at they can place loan at an early date and this course will no doubt be followed. Date& 16/2/28, No. 548. Referring to your telegram, No. 778, Head Office debited £200,000. We have credited Head Office in account £250,000 British Treasury Bills matured and debited £247,416:13:4 for £250,000 new Treasury Bills due 16th May purchased at £4:4:- per cent. New York sight rate on London is 4.87-3/8. als1....16/P/P8.2. No. 549. Secret. Under instructions from Prime Minister, High Co[...]ho was in favor of it, but as those negotiations are abandoned for the present and as the Common- wealth Government has nol' actually decided to approach London market for loan £8,000,000, Collins suggests matter should not be re-opened with Bank of England. Dated 17 2 28. o. 550. Referring to your telegram of 13th February Brisbane aity Council we have received £l 0 390,084.9.5. proceeds 617750793 at 4,87 7/16. £65,500 utilised as instructed and balance credited dead Office. New York sight rate on London is 4.87 7/16. Dated 17/2/28, 110.551. Secret, Referring to your telegram of to day Collins informs me that very d[...]m knowledgf of intentions in London. This ap$,:rently Cannot be done if Bank of England informed °wins, to fact that Grenfell is a Director of Bank of England and also is a partner in J[...]t authority of Prime Minister. Dated 20/V28. No.562. Referring to your telegram No.781 Head Office debited £449,[...] |
| [...]c transfer to the debit of this Office. Referring to our te ez;ram 13th Instant No.7i3 text 30 should road "3 e City Council debentures". Dated 5 2 23 0.77C. Brisbane City Council Loan net proceeds 1,775,793 Li be available 16th February advise New York direct Iry disposal Dated 1j2J2q. !iW. secret. Referrin_, to your telegram of 15th February have you discussed late[...]wealth Loan being is In London at this juncture. Dated 16 No.778. 3ydney Office have issued draft Iio.30A £3 ,3. 4.11 on Oredito Italian° Turin, arrange as necessary.[...]bit of this Office. Dat d 17 2 28, oeeret. Referrinz to your telegram of 16th February No, 549 - Governor Bank of England s%[...]ed confidwatially of developments as a matter o courtesy. tf94.1 /, / 4. o.780. Referring to your telecram of 7th February - your tole of 14th Pebruary credit No. 57 Layeook unused portion £7087t cancelled. Outstanding negotiations £73,40C. Interost on Red Clause advances also to be provided. Dated 20 2[...]date debit Note Issue Department Special Account credit Head Office in account £5,333.6.8 from to-day Note Iseme De,;rtment British Treasury Bills £500,000- maturing on 4th Apri[...] |
| [...]22nd February, 1928 LETTER NO. 557. "Orvieto."[...]We wrote you yesterday. EDMUND BOTTERELL GILLETT. With reference to the letter of introduction supplie[...]above on 28th December last, Mr. Gillett receptly called upon us and has opened an account in our books. Arrangements have been made to ne[...]ension warrants from time to time as desired. We might mention that we were pleased to meet this ex-officer of the Bank of England and have offered our services to him in any way that we can be of assistance. AGENTS & CORRESPONDENTS. ci':RAE -4/liour We note that the above Bank has closed their Branch at Beaulieu. Our records have been amended as necessary. |
| [...]The two supplementary lists of Specimen Signatures issued by the above Bank in connection with their Threadneedle Street and Lombard Street Offices, duly came to hand and have bee; distributed amongst our Branches.MARTINS BANK LIMITED. We thank you for your advices to the effect that the Bank of Liverpool & Martins Ltd. is now known as Martins Bank Ltd. Our records have been amended and the Branches concerned[...]titution and Branches advised by circular in due course. faithfully,[...] |
| [...]22nd February, 1928 LETA No.558* The Manager, L N D 0 N. Dear Sir, RE THE MUTUAL LIFE & CITIZENS ASSUR NCE COY LTD. The above Company have applied to Nivison 64 Company to be admitted as a permanent member of[...]the right to-withdraw from the group on givinz three Months notice. Before making the latter stipulation the Secretary to the Compar consulted me to ascertain if we[...]any information as to how Nivison & Company would view the time limit. We were unable to give any infornation, but advised that[...]oposal, and also for any information you can give regardi the compositkin-of their underwriting[...] |
| [...]We tbxmk you Thr the advi ()ea contzgned in your 10 .1 ()mooring Thin Copperplate Oil, and are pleased to note thit Metiers. Viinetone & onet Limit have ,reed to reduce taleir quotation for 2,500 gallona of Thi[...]n. We also note thA they have offered to def of th shortages of oil ex. s.s. "Port Dunedin", and t have reed to accept their offcr. Peterrtntj to your No.396 of 5th jatittary last Peters we aend hereto extrict: fro letter acted 17th inztant rcived from the General liLw,zer ot our :Moto Printing Branch In additio[...]strinzy. the body of the material, when put before i‘ood liht, is found to va2[...]This typo of fault undoubtedly forms the greater pa of our- low) and au its haing is so irre lar it is impos-ible to avoid it in the cutting. 111101 reference to the latter part of their letter, ii• would v. .that they are unaware that we are ue this material on Roe Press 'Cylinders bere the strati is consideral when c[...]er in depon4ent on the strengt1i. of its we.i.lkes |
| [...]qood order but it in of no further uve to us. ftmaa atdy Of our reeoid ircnue it iv vet[...]have beet us 170 nrth cf uoed felt uere uued prey/owl fnr period (-)n oxiritoy[...]From thin it will. be Seen tt our clan 'IS Myth-N-3 but excessite[...]be contingent o lc piaci of a furtter order with this Firm* an thin vould[...]ote not tit for circul,„tion. should b 61'4 U you rinttUi tf..-4.,e the rutter up with Vle Lary 'ralt Cowl- Ay, advise us further in duo course, Tours dthfuU,•[...] |
| [...]te you last on 22nd instant, and have now received your Letters Nos. 420 to 422 and 424 to 426 inclusive dated 2 rd, 25th and 26th January, 1928.• BANK PR IV \TE T ELEG[...]priations have been made for use between your office and Brisbane Branch:-[...]The advices contained in your No.001 wen-, duly • passed on to the Secretary to the Treasury who now advises that he has taken the ma[...]issioner's Office and is • obtaininT the views of the Financial Adviser. |
| [...]OR HONGKONG. If you have not already done so please pay the London Offi e of the ab[...]sum of Z5.14.11 being cost of their meekly rate wire to us for the quarter ended 31st December,[...]• 192?. Kindly draw on this Office in reimbursement.NOTE PRINTING BRMICH MACHINERY INK MILL. We append herewith extract from letter received from the'Cleneral Manager of the Note Printing Branch: "1 made enquiries direct from Hunter Penrose L. d. "16 St.Bride Street, London B.C. for a small Ink tall "with[...]is £23.15.- packing "extra!, at London Warehouse.'' te be lad if you would[...]Ltd. to forward one o the machines in question direct to General Manager of our Note Printing Branch.. Please arran, to draw on th t branch for your expenses. OERC E OF TaaRk DUNEDOO. Tour advices are noted. Ins tr u t ions have been is ued to Sydney[...]nt each half-year. You 1/it I have already received our No.547 s ating that interest All he charged on the overdraft here at AlIstrali9i rates (6tcf). |
| [...]6510 OE ON AU JULLO[...]win consignments of Australian Notes by steamer were made between branches during the peri[...]Amount. 18/2/28 Lielbourne Sydney -"Largs Bay" £60(,;,000[...]Adelaide "Kanownan 60,000[...]ta " 2V/2/28. Melbourne Rockhampton 'Saros[...]Ye No 42 We note your advices and agree with you that it would be preferable to retain these amounts in London. Any claims that might be made are, of course, to be closely investigated by the Manager before payment is effected. • In our No. 534 we enquired regarding the legality of these transfers from your end, and we assume into this matter as you have not notified us thereo145. that you are going[...]4 also whether the Government have any claim thereon. |
| [...]Sc 4 - receipt of this letter advice on this question has n[...]to us please let us know the position. STORES - LETTERS 01 CREDIT & LETTERS OF INTRODUCTION. The remarks contained in your No.421 under this heading are noted and when the new print of Letter of Intro- duction booklets is completed a further supply will be despatch, ed. They are at present in the hands of the printers, and should be available in a few weeks. As, you are no doubt aware, these booklets are revised periodically and reasonable supplies only are despatched to Branches. This course has 'been found necessary in view of alterations to our Poreign Agency list from time to time, and until such time as all Agency Arrangements are finally settled it will be necessary to follow the present course. A sufficient supply for your requirements was forwarded to carry you on until the new[...]_2 E.13. We are obliged for the press cutting forwarded by you. ruling o[...]il Judicial GomMittee ls of considerable interere noted with thanks. |
| [...]the prospectus 0 the above issue e—closed with your NO.424. We Ilave passed on a copy of the prosper us o the South Australian Treasury.DI0TRIBUTIQN OF BANK/' BALANCE Referrina to our let No.534 we ara orwarding by this mail compl[...]eet mail list, and shall be glad if you will return samo at your earl est convenience duly amended.[...] |
| [...]DON. Dated 21 2 28. No.o53. leekly Figures. Dated 2 28. Referring to your telezram No.782 Head Office , debited £317,0[...]ndon is 4.87-i.. Dated 22/2/28. Referring to your telegram No.784 Head Office debite6 £40,000. Latest advices quote -[...]0 rate on London 4.87 13/16 Montreal u 4.88 11/16 France T.T. U 124.0[...]2.07 Czecho-Slovakia T.T. ft 1645/8 Germany (Reichma' s) " u 0[...]2 5/I6d. Calcutta 1/5 61/64 0 ft Shanghai 2/6 c 0 0[...]1/10 Dated 23 2 28. Referring to your telegram No.735 Head Office credited £11,000. New York sight rate on London[...]will issue to-morrow. Lists close Wednesday, 6/, on application 94% 2nd April. 3 mc=ths interest payable let July by scrip coupon bonds of £100[...]. f.o.b. other prices nominal. Cubas 13.96;; polarisation 11/- nominal Ameri[...] |
| [...]6th March, 1923. IZTTER NO.561. The Manager L0ND 0 N.[...]e wrote you lost on 28th ultimo, and have now received your Lettere, Nos. 423, 427 to 429 inclusive, dated 26th January, and 2nd February, 1928. • SINKING FUND PURCHASES. Copy of your letter of 31st January, to the Sinkin Puhd Commissioners enclosed with your No.427 is to hand. 2D0N 1 INAIMS. - Your N 42 Tour comments under the above heading have been read with interest. NOTE PRINTING BRANCH - STORES. • We should be glad i[...]nd place an order with Messrs. Anderson Grant of Great Eastern Street, London, for delivery at the Note Printing Brandhddelbourx |
| [...]of approximately 120 rd-) of 50" Dull Fronting (Three oat 3s American Cloth to be similar in all respects to that specially made for Messrs. De La Ru[...]consignments of Australian Notes by steamer were made between branches during the week ending Satu[...]. Per. Amount. 20/2b28 Melbourne Sydney ROrmi stun"" £166,000 Brisbane[...]Perth 60,000 £746,000 ' 4 I BOHLLaC BANK-VEREIP. enclose copy of a letter from the above, dated 9th January, 19280 and shall be glad if you will give the uatter the necessary attention. NOT ING BRASCH -- Stores. We dhould be glad if you would arrange for six (6) ravers Diamond Points to be purchased and forwarded to the Ao e Printing Branch. For your guidance we are forwarding under |
| [...]l e likely supp lers of these instruments are: - L.M. Van Moppes & Sens,[...]T.G. Woods Sons, 54 Spencer Street: Olerkenwell.[...]33 Holborn Viaduct. Your advices have been ndbed. CENTRALBANK I FOR NORGE. In view of he informa ion contained in the report by the Departmentof Overseas Trade enclosed with your No .423 we will await your further ad ices before amending our records. .00 ION D AN e mad e w e above stt u ion have been recorded. As the cap tal of this Bank is small w would be preferable for any transaction to be limited to a 000[...]y the Bar= Wazionale D'Albanial and if that 3ank prefers it the arrangement for the Umitation of dwing could be made reclprocal. |
| [...]4 We have forwarded two copies of our Pr vete Telegraphic Code direct to their office at Durazzo and have advised the[...]soon as t' arrangements have been firalize with your Offi oe. When we redeive advice from you that the arrangements are complete, we will advise Capital Branches that th[...]their two Of when despatchin-, .Ts. to Australia are:- Durazzo 236 Corttza 297 Tours fait —u ly,[...] |
| [...]KARLSBAD, den January 9th 1928. Commonwealth Bank of Australia,[...]n, We beg to inform you that we are revising our foreign exchange files and find the following specimens% • Circular Letters of Credit Letter of Introduction dated Octo[...]ter January 2nd019211. Authorized signatures dated fray, 1927. We shall be g[...]y confirm that the above mentioned specimens are complete, eventually if you let us have any financial papers which are necessary for the service of your paying agents and do not appear above. Should you have any advertising material for our show- • windows kindly forward same to our address too,- At any rate we request you to mail one copy of your last list of correspondents.-As soon as we shall receive same we shall revise it as far as the following countries are concern ed: Czechoslovakia, Austria, Hungary, Jugoslavia, Poland and call your attention to any alteration Which occurred in the meantime. It is well understood that this revision will be mnde without any charge whatever. This revision r quiring,as a matter of course some time, we shall be glad if you let us know When you will be about to print a new edition of your List of Co:,'respond- ents so that we may be in a position to return the correct list In due time. |
| [...]OM tON •N Da ao.3 9. London market quotations (after deducting accrued interest) a following securities are sot out hereunder: Clow, onwealth Goverment 5%[...]N. W. Government 1945/65 t97 lo 4011. Victorian Goverment[...]Queensland Government 5 - 1940/60 £7 10 S.A. Government[...]ncil Brisbane Tramway Trust Melbourne Tramways Bd. Brisban Water Board[...]5 New Zealand Goverment 4% 1946 £101 15 South African Goverment 0 1945t75 £102 Launceston Loan applications received No 8 amount£1,500- from public balance[...]rate On ton 4.87 7/8 Montreal 4.89[...]164.68 Germany (Reichmarks)" tt[...]2 5/16 Calcutta 1/5 61/64 Shanghai 0 2/6 Chefoo (China)[...]1/9 15/16 a rat Collin[...]issue Commonwealth Loan £8,000 ,000- 5 at 88 currency 1945 rebate of 4% for prepayment of instalments Urfa on application* instalments as follows: 3.3% 16th March 30% 30th April[...]derwriting Priday advertisi • Dat d No.56 • 28. Wie have to-day credited Head Office with £24,000- representinginterest on securities held on account of the Not, |
| [...]h1928. LETTER NO. 563. Per Mogitan. The Mager, L N D 0 N. Dear Sir, We wrote you last on 6th instant and have new received your letters Nos. 430 to 435 inclusive, dated 9th February, 1928. LONDON FUNDS et -PIN ilIC2,3, The advices in your No.435 have been noted with interest. SOUTH AFRICAN TOCCHANG RATE0 Your No.430. We thank you the c[...]by Barclay Bank (D.C.& 0) in connection with tbe revision of the above rates on 6/V28. STOCK DEPARTLONT - LOAN MAMiG2.11 - Your 0.432. The Statement of Stocks and B9arer a urit ies on your books as at 31st December, 1927, is to hand. With reference to your remarks, bowever, that these statements are occasionally rendered we would draw your attentiol |
| [...]-39 - 2 - to our letterNo.248 of 23/2/22 wherein we requested that a Statement be furnished at the end of each half-year and we shall be glad if you will note this for future reference, as • these statements are frequently referred to and required for comparative purposes. HRS.. MoDONALD Tem o ar Advance - Your No 432. Your remarks have been noted, and we await your further advice in due course. WHEATGAOWERS° POOLING eic EARKETLICT COY[...]The Finalization Certificates forwarded with your No.432 -cve been passed on to the above Company.[...]CALICO. We thank you for the enclosures forwarded with your N0.434. BOORS OF ER2alr CENTRAL BANKS.[...]contents of which have been perused with much interest. AG NT3 a CORRESPONDENT0. _/' R 1ONAt PAdVtICIAL EIANK LTD. The specimen signatures nentioned ih your letter Aso 3l will be distributed amongst Branches upon receipt. DRAWING PA LI T IE S ON LIL,LII222ILER = Dpr No.431. Your advioes under the above headin are noted. |
| [...]667 IT Your N We were pleased to arn that off relations have a last been established with the abov[...]d Bank Ltd. ooverin drawing alit .e etc. for them:Relives and their Affiliations linve been duly recorded and Brarches are being circularised as necessary. We concur with your view that for the ti e being no ben fit would be gained' by extending our drawing powers to the Mid and Bank and Affiliatio[...]ing a consignments of Australian Notes by steer were mad between branches d ri. g the week ending[...];Itto Amount. 7/3/26 lief bourne Launceston Nalrana" Z260000 ft[...] |
| [...]TD NOTES. , ith further reference to your N0 ak) Aatters of this nature are of particular interest to us vo should be glad If you could obt in for our information further details of the evidence submitted and also of[...]ouncil Judicial Committee. Yours aithfu y$[...] |
| [...]as T.Ts. to the debit of this Office. Receive from Commercial Bank of Australia Ltd. the sum of5l,0OO as a T.T. for credit of this Office. Under to-day's date debit Note Issue Department Special Account credit Head Office in account £84,466 8 1. From to-day Note Issue Department British Treasury Bills £4201 000 maturing on 4th April to he held on account of Head Office. Dated 613/28. No.739. Pay, to: Commercial Ban[...]00 as T.T . to the debit of this Office. Dated 6/3/21. No.790. - Referring to our letter of 25th January Balance Sheet (1.) £14501741 149.16. 9 (2)Z40 0000 000.-.-. (3) £1,379,155.15. (4) £693,737.15.- (5) £19,684.14.6 (6) £19,684.14 6- (7) £3315041 978.7.5 (8) £6,1051 748.9.- (9) £46,405 1691.8. - (10-) 038,320.4., (11) £473,923.18. 2 (12) a,230,215.-.- (13) £3,577 1 490.-.- (14) £42,6211 499. 3.11 (15) Z1014931044.18. (16) £211401 000.-.- (17) £4,2631 336.17.- (18) £17,781,012.7.10 (19) £639,901.1.5 (20-) £42,7710 580.17.8 (21) £10,519,250.-.- (22) £322,810.13.4 (23) £13,369.7.2 (24) 17th February (25) 2nd March (26) 1,374,438. Alter first line credit side of Profit & Loss Account to 31st December. Releasing Balance Sheet 8th March. Dated 8/3/28. 11o.791. Referring to your telegram of 7th Larch No.566 Letter of Credit approved conditionally upon Kean al Coy being still considered undoubted for amount. Please advise. Referring to your teleL ran of 7th roh No.565 Balance Sheet figures yes. Receive from Union Bank of Australia Ltd. the sum of[...]forideedit of this Office. Dated 4/3/28. No.792. Credit Head Office in account £501 000 proceeds Laun[...]an in amounts £1010()0 or over as available then remil. balance Launceston by mail at sight. Please advise rate of discount prepaid instalments. |
| [...]QL LONDON. Dated 28. No.563. Staff. Referring to your telegram of 28th February three applicants appointed on probation as from 15th March. Referring to your telegram o. 709 Head Office debited ZI48 Ovv. New York sight rate on London ii 4:.0716/16. Dtod Weekly fi:ures 7 3 2q No. 5.. Referling to your telegrwl of t'* irch assume you havc included in ::::„Titish securities Z4000 000 Brit sh Treasury thus making money at short call ZIO 111 000.[...]Pt ft Lontreal 4.34 France[...]Pt Czecho -Slovakia 164.68 9 Ger[...]tt 2-5/16d. Calcutta l/5-61J64 Shanghai ft ft 2/6-3 4 Chefoo (China)" to 1/10 r[...]riters take balance. ted So oubject to your approval we establish a Documentary Credit in favor of Amalgamated Freezing Coy. (Victoria) Ltd. in exactly similar terls to our Clredit 590 to the extent of £20 ,u available 6th June. 14ecord as our L/0 No, 103. Da ed 033, o. • i,eferring to your telegram of to -day :ankers report Kean quite G,)od for amount. Ref errin to your telegram No. 791 Head Office credited t70000. Referring to your te1e5r4m I o,72 Head Office credited 12 030 proceeds of Launceston loan. .,"io discount on prepay. ont. New York sight rate on London is 4.8Y . Dated 8 o. 568. 4114.1) ect to your approval we establish a Documentary Credit in favor of Simonius Vischer & Coy. in exactly similar to to our Credit No. 770 to the extent of Z10000000 available 30th June. Record as our IV, I. 105. Red Clause full extent.
|
| [...]8. eferrinz to your t1e 6r No.79 lead Office credited ar ' e * • * •[...]ther prices nominal. Cubas "1. 96; polarisation 11/6 nominal American gran[...]New York "Sight Rate" on London is 4.87 15/16,
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| [...]20th March, 1928. SETTER NO. 564. Per, "Ormonde." The Maria ers[...]We wrote you last or 13th instants, and have now received your letters Nos. 436 to 44 dated 16th February,1028, INSURANCE ON AUSTRALIAN NOTES.[...]ing con ignments of Australian Notes by steamer were madl between branches during the week ending Satu[...]To. . Amont. 14/3/28 Melbourne Adelaide "Large £386,000 ti Perth #1 180,000 16/3/28 Newcastle "Burwah"[...] |
| [...]Y OF BUSINESS TRANSACTTD.'--- Bch Acct. For your information we enclose the customary copy' busin[...]Ist Deeetber 1927.Bch. Acct. Your return has been checked and found to be good order[...]d that of the Savings Bank Department for die current half year s and cable the resets at your earliest convenience. Also kindly advise the estimated interest on Australian Funds for the last two months in[...],p:RWRITER s. / Mr..Shain. It has come under our notice that representatives of Lloyds have approached some of our customers offering considepr- able concessions over and above those offered by the Australian Companies in respect of insurance over buildings. In fact they have informed our clients that no matter what terms were offered by an Australian Company they were prepa'red to grant a further concession of 15co. |
| [...]-.3 It is our wish to patronise the Australian Companies as far as possible, but for our information please make tactful enquiries co[...]erwriters, the method of appointment of their representatives in Australia and as to what are the powers and responsibilities of the latter. We should also be glad to know the procedure adopted for settlement of claims and *hether[...]T. K The Commonwealth Treasury have advised, in r,„-nly to our enquiry, that their overdraft requirements in London up to 30th June next will be a[...]31st March...., ......3:06501000 30th April[...]31st May.... * 6 21446,000[...],.... 3,000 000 The above figures are an estimate only and the Treasury have requested their London Office to advise them a more accurata forecast of the position so it is quite possible that the figures will be materially altered. We have agreed to grant the accommodation asked for, on th[...]that the Commonwealth Government will Issue Treasury Bills in London to repay the lavance, if, and when, required to do so by us. We are informed that to complete its loan programme[...]raise approximately Z4 0 000,000 Overseas before June, and, in the event of such loan being |
| [...]educe the above fi by the aunt received from that source. We cabled you as per readi ad° he approval an overdraft to[...].nt up to 10 850 000 at the end of the current month. OURN11, WE ROPOLITAN BOARD OF WORKS. Prospectus of the dbove issue enclosed with your N .437 has been received,or which we thank you. TOUR LETTER „T CREDIT NO 57 - 1.0. GAVIT . 00 000. We note the advices contained in your No.439 regarding Adelaide B/N 6981 for C14 0 735.19.9, and also that the affairs of Mr...Gaunt are be in gone into by an accountant. sball be pleaed to Ilea.r the result of udh, investigation in due course. NDO F IPETWB; „2. we are obliged for the usual statement ox your funds and of short oans to the market, also your full adviees under this heading. WOOL CRw.. ITS Referring to your No. 295 said our subsequent adviees relative to the suggestion for a enior of cerof your staff to visit the wool centres about the middle of the year, this matter has received consideration and it was deemed desi[...] |
| [...]u might please let us know what arrangemants are made after your conversation with Er. McComas. AgANTS ND 2a3 TH9HASApoK & 30N LTD. Your advices under this heading in your No.438 are not dy nd we are athendin: our r cords accordim Y. BAN CA NAZIONA We note the adviees conta.ned in your let tern Nos. 440 441 which ar receiv our attention.[...] |
| [...]FRO.0, LONDON Dated ,X3 / 8. Uo.570, Referring to your letter of January Sellers propose to deliver 50 plates Melbourne end of balance 2 equal consign ments a[...]ht rats on London 4.87 27/32 Montreal " 4, Franc[...]Czecho -Slovakia • 164.59 Germany (Reichmark 20.41[...]Calcutta 1/5 6 4 ft hanghal 6- If Chef 00[...]tr;et quotat one (after deducting accrued interest of the following securities are set out Aereunder:- Coramonwealth Government[...]Oit! 1045/65 97 9 IMO Victori[...]eensland Government 140/60 97 10 5.A, Government[...]dney City Council 1939 96 Brisbane Tramway Trust 1944/54 97 15 Melbourne Tramways Bd 1944 Oo[...]NOW Zealand Government 1946 102 10 south African Gov[...]t Rate " on London is 4087 /1 Dated 16 • o.57 rring to your telegram of to day Associated Austrt4 Ian 3anks in London are increasing exchange rate,' "London on Austra t2" buying /6rti, as from 19th March. Lay we vote same[...] |
| [...]S-La-39 Dated No.7 Refe rin o our am o r h No. 790 .%)u please am nd number oa ices ank Depositors 1,132 486. Dated No0707. ring to our telex ram of 13thetch trans plates Sel[...]ill be: BUY1Nta. Premium T T 20/.70 Demand 5/.try[...]D/s 15/-04 Discount 30 Di's 5/4 60 pis 25 Discount 60 Ws 2 6'0 I unt 90 D/s 35 I, Discoun 90 Os Adjust your records .a c di 7. I tioo no o he disclosed before 19th March. Da .1,21.,171,/. No.799. Refer ns to your tel ra of 16t.. S f Exehane e tera on appro[...]a Ta. to t he debit of this Office. We have agreed to an overdra-t to Commonwealth Government n London up to 650 000 at 31st March. |
| [...]Net Result Interest[...]Increase in Depositors' Credited to[...]X Decrease[...]EW SOUTH WALES .. 194,776 2,817,562 7 1 225,720 2,964,858 10 5 X 147,296 3 4,648 i8 6 12,583 8,331 337,830 10,697,145 11 VICTORIA[...]•• 95,650 1,566,276 1 5 109,885 1,713,812 3 10 X 147,536 2,322 11 6 5,724 3,978 171,517 5)811[...]5 7 14,537 10,985 448,345 22,651,690 17[...]34,803 584,772 16 6 38,245 641,249 12 2 X 56,47615 826 63,311 WESTERN AUSTRALIA ..[...]532 8 55,124 728,552 z 5 6,980 6 3 975 1 4 2,985 1,969 86,194 2,766,415 TASMANIA • • •• 24,575 285,145 10 8 26,659 334,027 9 9 x 48,88119 493 - 2 1,151 971 64,967 1,543,463 NORTHERN TERRITORY 1,491 37,332 12 7 878 15,638 12 7 21,694 - 68 18 11 178 94 1,410[...]2,191 91,095 3 4,294 134,368 16 10 x 43,273 3 5 458 16 7 200 460 6,678 351,883 11 11 736,101 11,638,670 10 7 799,04512,097,204 8 X 458 / 53311 1 16,993 12 2 39,3 3 28,461 1,182,486 46,405,691 We certify that the above Statement, compiled from returns furnished by the several Offices of the Bank, is correct. • Secretary.[...]Sydney. 19th March, 1928. |
| [...]27th March 1928. LETTEA No. 566. P "Comorin." The Managei, LONDO J.[...]We wrote you last on 20th instant, and have now received your letters Nos.444 to 448 inclusive dated 21st o 22nd and 23rd February, 1928. ISSUING COLMONW-UTH TREASURY BILLS N WNW . ER. We have recently been in communication with the Commonwealth Tregsury, regarding the question of the Bank placing their Treasury Bills direct on the Money Market instead of through. Eessrs. iv son & Company, as in the past. They have agreed to this course and will pay us a commission of 1/ on all Bill[...]A London, and they were quite ,agreeable to the change, also intimating that, should we find at any time that we were unable to issue tc the Market direct, we would be quite at liberty to |
| [...]ck to thel m to help us throug This course should result in material benefit to the Co onwealth Govern[...]from day to-day as may be necessary to suit the Treasury, and thus saw a considerable amount of Interest.INSURA10E ON AUSTRJAAN NOTES. Fo[...]ing consignments of Australian Notes by steamer were mad be Branches during the week ending Sa[...]Per. Amount. , 20/3/28 Melbourne Adelaide "Kanowne £109,000[...]Rockhampton "Time" 63,000 41M01111011111.411.0.1.11601......MitMON.[...]01114NOMMINI....1941641.0.11•01.1... AUTO xTIC RECORDING SAFE COY LTD - Your No.447. ANA The sample packet of Home Safes referred to in you letter of 23rd February, 447 was duly received. We thank yo for forwardinc these, together[...]Frankenthal for his attentionl and advise him we are very pleased with the sample product but it is not at present practicable to introduce any innovation in our Savings Bank Department. |
| [...]S-La-39 BIEM_REJALEAM. Copy of a istter reoe v from the above Inst tut or addressed to our Canberra Branch is enclosed,and we shall be glad[...]with them and the Westrin- ster k Ltd. t ith a view t,o rranging the facilities asked for, that is of course, if you think it advisable. BANGA NAZIONALE DI ALBANIA. Referringto the advises in your o. 0, we have recorded the arrangement for the inclusion of Premantle with our six OapitA Offices in the reciprocal arrangements for the issue and payment of[...]specimen set of control documents forwarded with your letter has been sent to emantle Office. PRVA H A[...]bove Institutio4 has been closed and have amended our records aceordinely. HE HAND L MAT., HARP Your No.440. 'Your advises to the effect that their Branch at Surinam is not aVailable for ordinary banking busimss are noted and our records amended as necessary. BA 1' OF 'MAID DUBLIN. do- Copy of a letter received from the above Institution |
| [...]6-66 BhINCO SÃO PAUL[...]SAC PAULO 3rd Yebru%ry, 1928.[...]f Autraila, Ltd. We are pleased to inrorm you that in accordance with an agreement made with our London correspondents, the Westminster 138, Ltd., Foreign. Branch Office„ we are allowed to draw on your goodseives„ for account of this Bank, and it is understood•that you will honour our- drafts in Pounds, which will 1.), d- 1,, confirmed by our above corresnondonts. For the proper purpose we are sending you, under separate • cover„ our booklet showing specimen of siintuie f the officers authorized to sign for our concern, as well ac our last balance sheet, and ask you to kindly acknowledge receipt of same, We also take advantage of this occasion to offer you our. service for any kind of banking transaction[...]We would thank you for sending us your 11.1A of authorized. signatures in order to facilitate future business we might have, Your, 'very truly,[...] |
| [...]s66 COPY. BANK OF IRELAND, Box 9[...]N. S. W. Dear sirs, '"e are at present revising our Piles, and ?hall be glad if you v111 help us to veri our records by giving at your earliest convenience a copy and the date of the[...]isting arrangement with you, stating the names of our Branches whose services you use. Yours faithully,[...]Eecretary. • |
| [...]6U '."'ILI:3 PROM ON[...]o., 2oiN ur Letter of Credit 57 Gaunt Adel.. de Office 73 N.70A5 Melbourne Off lee 2507/8 unpaid paynent promised end of this week we hold wool. ReferrinE, to your telegram No. 801 Head Office debited L1301000. New York sight rate on London is 4.88 3/16. No.577 dated 20 3 28 Ifteki FLtnes, Dated 21/3128. eterring to your telegram No. 802 Head Office debited £9,000. ReferrIng to your telegram rm.792 Head Office credited £11,000 Launceston Funds. Latest advice[...]t rate on London 4.08: Lontreal ts 4.88 Prance T.T." 124602 11 ft[...]Czech° -Slovakia 164 , 0 Germany (Reichmarks 20.41[...]1/5 63/64 ft Shanghai 2/6 0[...]h ) Dated22/3/28. eferrirr to your telegram803 Head Office credited 00,000. Securities totalling £80,000 held on account of Note Issue Department matured to-day. Head Office credited £863.6.8 representing difference between face value and cost. Balance of proceeds credited to Note Issue Department Special Account[...]for the Note Issue Department rritish Gave nnent Treasury Bills as follows:-Pace Value £50[...] |
| [...]Armitage sailed to day "hitral" all love. Referring to our telegram of 22nd March we have to-day purchas.4t for the Note IsJue Department British Government Treasury Bills as follows Face Value £30,000,Coot £29 690.0. Maturity Date 23rd June. R[...]new 'York sight rate on London 1. 4 Daed. 6/3/28. No .581 . Referring to your teleran 1,o. 804 Head Office credited Z10'7' Referring to your telegram No. 805 Head Office credited £25,000. We have received an enquiry from National Bank of[...] |
| [...]3rd April 1928. LETTER NO.569. P r "Oronsay. tf[...]ote you last on 27th ultimo, and have now received your letters Wos.449 to 43 dated 1st March, 1928. • ,CESTON - ISM 0 00 000. e DEBENTURES Prospectus to ether with press ,uttin3 connectio with the above loan enclosed with your No. 450 has come to hand, for which we thank you. ACENTS & CORRESPONDENTs.,/ SPECIMEN SIGNATURES . Parcel receipt for the 'Esperance Baytt shipment forwarded ith your No.451 has been received and the matter having attention. • LONDON FUNDS & FINANCES - 'Your No. 453. / We are obliged for your full advices in this connectiem. |
| [...],56q TATBAN7* ED. Se refe your cable of th ultino advi that the National, Ban_ of India Ltd., had rnade an enquiry regarding the purchase of told bars from us. At the present time we are not desirous of selli this gold and cabled you to[...]NOTES. For insurance purposes tre ha e to advise that the following consignments of Australian Notes by steamer were made between branches during the week ending Satu[...]. Per. 4111Punte 28/3/28 Melbourne Sydney "Orungal X20,000[...]Zealandia 3/4/23). 28/428 bourne Brisbane 'Orun _52,000'[...]Adelaide "noreton Bay" 112,000 II[...]I( The graphic char re ed to in your letter No.446 ha now come to hand. |
| [...]- 3-. DRAWINGS ON POLtND-WIEiERBANKVJREIN Your No.45I. Although we would prefer to issue a draft in resne t of all transactions n. Poland we are prepared to afford the facilit- ies for remittance of moneys through you by ordinary remitting warrant In favor of the payee in Poland, but only where this convenience is specially asked for. Branches are being advised in the matter and you may pass our decision on to the Wiener Ban Verein. COEMO:IWEILTH PUBLIC ACCOU:T. Further to our No6564 of 20th March, will you please note that at the request of the Treasury we have approved of incmIsed overdraft a[...]0,190000 30/6/28 ‘GO 000 Sinc[...]iven to the above limits of overdraft we have received your cable of 31/3/28 advising that the overdraft of the Commonw-alth Government in London was £4 766000 In view of the fact that their drawings have exceeded[...]e we have passed the information on to the Secretary to the Treasury. It would appear that the High • C[...]bmittinc his estimate of the position to the Treasury understated his requirements.. You will be further advised when we again hear from the Treasury. |
| [...]S-La-39 OUR 'Prz Flame note that the undermention[...]ranu Yours ath ully,[...] |
| [...]ther prices nominal - Cubas B. 965i, polarisation 12/ nominal[...]/- Canadian granulated l6/ Java whites 13[...]ated 15/3 April delivery. Referring to our telegram of 20th March - Adelaide Office B/N 7045[...]paid. New York sight rate on London is 4.88 3/16. Dated 27/3/28. YelklY, fig2E22112Lagl. Dated 28/3/28. Referring to your telegram No. 806 Head Office credited £100,000-. Latest advices[...]New York sight0 rate on London 4.88 3/16 Montreal If[...]T.T. 104 11/V Germany (Reichmarks) II 0 20.41 Port[...]0 0 175 61/64 Shanghai 2/6z Chefoo (mhina) " It 1/9 Dated 29J3J28. eferrin; to your telegram No. 806 Head Office credited £100,000. We have to-day credited Head Office with Z71809.14.9 representing interest allowed on Note Issue Department "Special Account" for the current quarter. Balance of Note Issue Depa[...]al Account at close of business to-day £25,426.10.2. New York sight rate on London is 4.88 3/16. Dated 30/3/28. • 10 .58. Iteterrin, to your letter of 21st February Bonds arrived when will balance arrive urgently required. New York Sight rate on London is 4.88 3/32. |
| [...]. bet quotation. (after dethcting accrued interest) of the followinG securities are set out hereund Co olonwealth Government 5'; 104[...]48 Government 5- 1945/65 97. 5. AGO Victorian[...]15. Queensland Government 5':, 1840/60 07.10. GOO .A. Gove[...]W*410 Government 1945/75 97.16. AGO Tasmanian Government 5[...]1944/54 98 - Melhourne Tramways Bd. 5 1944 93.10.[...]2.15 New Zealand Govt. 5;01 1946 102. 3. ,,outh African Govt. 510 1945/75 101.10. Referrin:, to your telegram 28th March Coramontroalth Go overdraft 4,766,000 .:** to-day ferring to your telegram No. 807 Head Office debited 000 ereited P426 000. • in We have to day credited Road Office with £6,250 repre interest on ao,,urities held on account of the Note Issue Department - Referrin to your letter of 18th Janua-y we have credited Note Issue Department Special Account Z262,500- We have to-day purchased for the Note Issue Department British Cove 4nt Treasury Bills as follows Face Value t260000 Cost Z257[...] |
| [...]31413 TO LON' • O. 006, oceive from The BriGnah 2'4ottish & Australia[...]ch .,. £100,000 29th arch as T. Ts. for the Credit Of this Office. Referring to your telegram of 2Gth March National Bank of India Ltd. we are not sellers at present. Referring to our cable of 1.9th parch Commonwealth Government overdraft yourReceive from - Commercial Bank of Australia Ltd the sum £60 0)0 The Bank of Australasia £200,000 as T.Ts. for credit of this Office. Referrin . to your telegram of 3,)th roh, 3ydney City flouncil ,"'.oHkentures ..,643 00 forwarded per "Comorin" 20th rch[...] |
| [...]10th April, 1928. LETTER NO.570. • P[...]e wrote you last on 3rd instant, and have now received your letters Nos.455 to 460 inclusive, dated 8th March, 1928. • INSU OE ON AUSTRALIAN[...]er. Mount. 2/4/28 Melbourne Launceston "Nairana" £56,000. WORLD'S SUGAR PRICES. '[...]formation is advised to them monthly. You may, therefore, discontinue your fortnightly cable in this connection and |
| [...]g o y u leer No. 80Head co Credited a 0,000 debited 3.46 000 Referring to your tele ram No.792 Head Office credited £27 000 Launceston funds. New York[...]No.590 weekl W0.5 Referring o yo telegram No. 0 ,ead ff cocredited £176 000 Head Office credited £920 000 Br ti h Tr sury Bi 1 duo anddebited Z910 800 for £920 000 Brit sh Treasury Bills due 4th July purchased at t4.-.. Won. to our telegram of 27th Pebrua when shall w[...]Dt e o ondtl on 4.88 Montreal 4.87[...]Czedho-Slovakia T T. 164.6$ Germany (Reichmarks U 20.42 Po[...]Calcutta N 1/5 63 64 tl ha hal 2/6 I Chefoo (Ch na)[...] |
| [...]TO LONDO1r at, No, 808. Receive from the Bank of Adel ade the awn of R100 0 0 as a T.T. for credit of this Office , Pay to[...]h & Australian Bank Ltd he sum of 6,000[...]of this Office. U • No. 809. Receive from The Union Bank of Austral the sum of £26,000 Yokohama Specie Bank Ltd, 150,000 as T.Ts, for credit of this Off ed 10 • No. 810. Referring to your te1egrcr of 4th 4pril azceston Ilzpects despatch (law 4 ure3 within three • |
| [...]11th April 1928. SATIELNJ2 Per "Malola."[...]• letter of the 7th February attached to your No.437 have been noted. The General Manager of our Note Printing Branch advises that he does not desire the two plates at present held by you returned to his Branch. Possibly Messrs. Sellers & Sons will be prepared to replace them with good plates; if not, you may[...]as you think fit. Yours faithfully, •[...] |
| [...]11th April 1928. • The Manager, LONDON[...]ty PAWN William Th masIeore WIN We are in receipt of your letter No.455 of the 8th ultimo and note your advicee and confirm your action under the circumstances in making these appointments. We have also considered these advices in relation to our letter of the 6th March 1928. Yours faithful'[...] |
| [...]i 1928. LETTER 573. • Per "[...]BRISBANE: COUNCIL, • Referring to our letter of 20th December last the tropolit n[...]over by The Bank is at present carrying for the Council an overdraft of about £800,000 transferred, from the Water & Sewerage Board and it is p[...]o liquidate the debt to the Bank and to carry out further works. The Council pr[...]bids for the proposed loan and you , will be further advised in this connection In due course. In the meantime we are taking steps to obtain |
| [...]14th April, 1928. The :Manager, LONDON . Dear Sir , REDUCTION OF B. ICES. In order to effect a reduction in Branch Balances, you kindly pass the undermentioned internal entries at your office on 12th June next. This should be carefully diarized in order that the entries shall syn[...]Sundry Colonial Branches x8 650 000 Credit. undry Colonial Branches £11,750,000 Yours faithfully , • Secretary. |
| [...]17th April, 1928 LETTERNO.575. 11E2.49212.119.y."[...]We wrote you last on Ilth instant, and have now received your letters Nos. 461 to 464 dated 15th March, 1928. INSURANCE 0' AUSTRALIAN NOTES.[...]ing consignments of Australian Notes by steamer were made between Branches during the period ending S[...]Per. Amount. 7/4/28 Mel bourne New astle Saros" £135,000[...]Adelaide Hobnont s Ba '276,000 Perth[...]Hobart "aroo's." 60,000 Transhipment to be made a[...]by s. s. "Esperanee Bay 24/4/28.) Melbourne Sydney Itaroola" 300,[...] |
| [...]- 2 - Referring to our letter of 3rd instant, we have to advise tha[...]obart on 3rd April and that the notes that were to have been transhipped to Hobart by that s[...]WEST AFR IOA LTD. The advices in your No. 462 have been noted and our records amended by adding the name of CASABLANCA to their list of Of ices. Branches are being circularised as necessary INSURANCE ON AUSTRALIAN NOTE1 '- Your No . 461. The shipment of notes by the "Katoomba" was made on 4th February, 1928 and not 4th January as advised by us. • Pt[...]ixt.4.44'" Vie note the advices in your No.461 and thank you for your attention. When the publication comes to han[...]was confirmed as Z50,000. The amount appearing in our cable viz - £250,000- was correct. |
| [...]ght rate on. London 4.88-1/4 Montreal 4.87-13/16 Franco T.T. 1[...]i..szecho -Slovakia n 164.78 Germany (hei hmarks)[...]1/5-63/64 Shanghai ft if 2/6-3/4 Chefoo China) ft ft[...]held on account of Note Issue Dapartment matured to-day. Head Office cradited £4,250 represanting difference bo,tween facf,) value and cost. Balance of proceeds credited to Note issue DepartmozA Special Account.[...]e Note Issue Department British Govern merit Treasury Bills as follows: Face value £400,000 Cost £396,000 Maturity date 12th July Rate of Di[...]00 held on account of Note Iss Department matured to-day. Head Office credited 21,062/10/- representing difference between face value and cost. Balance of pr[...]e Note Issue Department British Govern- ment Treasury Bills as follows:- Face value £[...]te 13th July Rats. of discount £4:-:2 p.a. Referring to our letter of 28th April No. 94 and our letter of 30,h June No.1770 insurance market disturbed and any possibility of obtain ing lower premium seriously prejudiced through numerous underwriting companies receiving firm offer business at old rates direct from 1Wstralian agency, We understand several companies are cabling saying would prefer business arranged here chiefly through difficulty re-insurande in Australia on such a large scle. We recommend ef e ing renewal of cover in London unL)ss you definitely prefer arrange otherwise - please instruct us by[...]8. Da ,d 14/4/2L No. 597. Latest London market quotatio (ter deducting accrued interest) of the 'ollowing securities are set out hereunder -
|
| [...]24th April, 1928. Per "Moldav a." The Manager,[...]rote you last on 17th instant, and have not since received any letters from you. INSURANCE ON AUSTRAL[...]ing consignments of Australian Notes by steamer were made between branches during the week ending Satu[...]To Per. Amount. 17/4/28 Melbourne Adelaide "Kanowne £176,000 :Melbourne Pt; th Itanowne 140,000 18/4/23[...]ALTH PU)LIC ACCOUNT. Following on our No. 569 we have been advised by the |
| [...]7( - 2 - Treasury that the excess overdraft at your office wa caused by Unforeseen heavy payments, but it is not anticipated that the monthly forecasts as advised you in our abovementioned letter will be greatly exceeded. Advances to the Western Australian Government under the migration agreement no doubt accounted to• some exten[...]eeding their estimate and it is probahle that repayment will shortly be math to the Commonwealth Government from early instalments received connection with the Vie6tern Australian Government loan, which was recently floated. LONDON BANKING ARRANGEMENTS - H.M. GOVERNMENT OF TASMANIA. With reference to our No. 536 of 21st December last, we have received a further communication from the Tasmanl an • Treasurer intimating that the arranged conference in London has been ineffective. Gopies of correspondence that has missed between us is enaosed for your information, and you will notic that we have agreed, in the event of the Tasmanian Government conforming to our earlier suggestion to settle the matter by ar[...]ssary accounts and documents. We have not yet received their decision as to whether they are emabie but the Treasurer has advised us that the matter is being placed before Cabinet and they will advise us further. No advice of the result of the London conference has been received from you and we cabled you on the 23rd instan t as per readings. |
| [...]-3 Your reply has since come to hand advising that the conference has not taken place, and that you are awaiting a reply from the Agent General for Tasmania on the[...]we hear from the Tasmanian Government you will be further advised.• FORGERIES 0 NOTES - YOUR NO 464. We note in your letter under reply that you quote SAB. the cost of the publication sContrefacons and Falsifications" as 500 Belgian fran[...]drawn for £2.17.2 con- verted at 34.98, me presuna the coot is 100 francs as shown in correspondence received by us direct from the publishers. MELBOURNE HARBOUR TRUST. SAB. Melbourne Harbor Trust securities held by us for • approximately £750,000 mature on 1st July next and as it may not suit us to renew and the Trust desires to go on with its works programme, it is anticipated that the Tru t will probably approach the market in the near future for a loan of £1,000,000. We are enclosing an extract from the Trust's letter[...]t certain aspects of their finance. As you are aware, the Trust's affairs are particularly well conducted and of a total am[...]st in 1877 £4,097,000 has been provided from revenue. The proposed issue wi[...] |
| [...]S-La-39 'Extract fram la vtiourne .ar oor mE.s..,„„ u6t[...]n of the Trust over the last 15 years, 1)13/1927 are submitted for your information. Depreciatio Year Revenue Revenue Surol Sinkin Renewals &f •[...]Expend I tore Fund Insuran[...]2 119131 338,651 214,099 124,552 9,188 20.000 95,364 1914 359,917 `?,26 0 157 133,760 io,o58 20,000 103[...]041 10,415 20 000 49,626 1916. 322,674 234,329 88,345 11,364 40,000 36,981 ]..)17J 320,295 256,064 64,231 11,747 40, 000[...])18 325,591 -23,555 102,036 12,000 40,000 5,036 1919 334,297 280,677 53,620 12,000 40,000 1,620 I1)20 390,502 312,293[...]5,709 1921 501,437 393,161 108,276 '5,000 40 000 43,276 '1922. 602,471 416,956 185,515 500000 50,000 85,515 1923J 692,136 375,290 316,846 1.3,000 8op000 103,846 1924 729,322 437,511[...]oo 78,811 1925 736,232 496,293 239,9:49 131,0u0 8o, coo 26,939 i 1926 759,933 498,378 261,555 133,000 8c,000[...]1927 31. 91667 0?,.191 *1,17 176 80,000 _ 104[...]829,274. 750,000 866,640 The Estimates for 1928r Revenue • • • •[...]2750, 900 r Rev cope .3xDend1 turP • •[...] |
| [...]Th Trusttz. vutstandinz Loans are as 0,41. . .[...]miciled interest. Years 1909 2200,00C[...]20 1929 Melbourne, A.M.P. 1)13 150,000[...]10 1928 do. u0111-30/1wew-[...]7.6ank 1919 0110[...]aon 52,60C 192 450,001,[...]17132 lelbourne,Commonweal[...]Bank 1926 1 200,0 1946 uo. do. 192'71[...]0 (1.} 1928 do. do. ,?:777-66;Wr6 .i.rom t[...]oars hall to he deducted half yerly rede:• tions amounting to £244,311 .61.nk1ng. .and £2,595, and. p—tion of L[...]wnict ,6)0.,300 v.11 proviGea /row ,Aevenue, the balance 21,5o8,%99 ben6 from loans. The Capital penditure on ow Vorko site the Tryst's inception to 3Li Dec[...]this loan arc necooaary owi ,:2; to the steady increlse of trade in the tort, and the desire of the Com:Assl - oners to make reasonable provision for the future,and the ,i235,919 new loan money applied for '.11.1 be required approximately as Iollows:-[...] |
| [...]13th April, 1928 • Interest earned on moneys deducted by Commonwealth[...]W. Dear Sir, Referring to your letter of the 5th instant, beg to orm you that I have noted your undertaking on behalf of the Bank tha[...]on in • possession of the Bank, relative to the above matter will be at the disposal of this State's representatives for arbitration proceedings[...]tory solution of the outstanding differences between the Board and your Government. Your assurance will be placed before Cabinet as soon as it is possible to[...]u promptly. Yours faithfully,[...]Treasurer. |
| [...]PERTH 5th Agri 1928. The Treasurer, State Treasury HOBART. Dear Sir, Your letter of 15th March has been forwarded to me here. regret exceedingly to heat of the development in connection with the above matter, as disclosed by your communication. At the time of writing I have not before me any communication from our London representatives. It seems to me, however, that at this stage there Is no need to await a communication from London. You refer to the proposal which has been made that the m[...]s, but state you cannot accept such a proposal in view of your assumption that your Government could not obtain the requisite and complete discovery of the Bank accounts and documents necessary to establish your Government's case. gather that this is the on[...]uments, and information in possession of the Bank relevant to this matter will be at the disposal of your representatives for Arbitration proceedings, and the Ba[...]s a satisfactory solution of the outstanding differences between the Board and your Government. Your letter indicates that your Government would view with regret the necessity to revert to court proceedings, and l can assure you that my Board vie of the :Aatter in the same light, and, as already stated in a previous communication, it feels that a solution of the matter should be possible without Court proceedings. If you are prepared to accept the assurance now given ttx all necess[...]u will advise me to Sydney to this effect so that further delay in dealing with the matter may be avoided. Yours fa ithfl ly„[...] |
| [...]. TREASURY,[...]RT, 15th Ilarch, 1 2 8. Dear Sir interest earned on moneys deducted by Commonwealth Barx[...]MM Referring to our previous correspondence on the above subject, you will doubtless have received advice from your London representatives that your proposal, to which assented conditionally on 16th December last, for reference of the matters at issue in relation to the above to the English solicitors and counsel of the parties with a view to settlement in Oonference has proved abortive, and that your London solicitors thereupon put forward a proposition for arbitration, which i have since considered. As arbitration proceedings would not enable this Government to obtain such requisite and complete discovery by your Bank of accounts and. documents which it is felt[...]ly establish the position taken ups by the State Treasury in the matter as can be directed under process in the Civil Courts i am not prepared to adopt the latter suggestion and, therefore, unless your Board is prepared to place before me a proposal for a satisfactory adjustment of accounts in regard to past transactions as to the interest in question earned since the inception of the a[...]the practice objected to and hitherto adoted by your institution, the Government will be left with no alternative but to request its London solicitors to carry out without further delay their original instructions to take the necessary steps to test in the English Law Courts the State's claim against the Bank. 'Should the Government have reluctantly to take this course Ministers naturally will need to review the question of the con nuance of the existing agreement between us in relation to the management in London of the State's financial operations. shall be glad to have your early reply as our London solicitors are now awaiting definite instructions regarding, further action. Yours faithfull-[...]Treasurer. |
| [...]S-La-39 No.815. Referring to our letter 'o .836 Tasmanian State Government advises conference in London proved abortive - your advices have not been received. Please cable. • |
| [...]la boro Crodit oto No 61 or jJo enclose copy of letter recolve6 nr borouLlh flrch undor date 19/4/21 to-othcm - ith co our reply dated 2G/4/26. :Jo ohould be clad if you w[...]d advioo u• Yours fii thtuliy,[...] |
| [...]677- C 0P[...]26th April, 1928. • The M[...]Dear Sir, FOREIGN BANKS. J London Credit Note No.161 of 17/11/27 Draft No.not stat[...]Germany fio Carl Rohde £68/8/7. ame[...]Meglimaltsimoismor We are in receipt of your letter of 19th instant and note your advices. You may credit Carl Rohde with the sum of £68/8/7 on lodgment of statement by him that such draft has not been • received and an undertaking to return same if received later. In view of your advices the entry on London Office Credit Note appears to colter a draft, but we are communicating with them and will advise you further in due course. '4e note, however, that there are no arrangements with the German Bank autho[...]drafts on us. Yours faithfully,[...] |
| [...]1st 1928. LETTER NO. 578. P e r "Oram[...]e wrote you fact on 24th ultimo, and have now received your Letters Nos. 465 to 479 inclusive, of various dates between the 19th and 29th March, 1928. IMPERIAL ECONOMIC COMMITTEE. -. Your No.468. The report of the Imperial Economic Committee[...]derstanding in connection with thetransaction referred to, the cable was not despatched frok, here until the following day. We got in touc[...]National Bank of Australasia Ltd. and at their request allowed them one. day's interest on the amount which was paid to their 1 |
| [...]- 2 Head Office in Melbourne. It will, therefore, not be necessary for you to take any action. No doubt the National Bank of Australasia has ere this advised their London Office. E[...]of the • Assoc a e Banks pnclosed with your No.469. With refer to advices to he sent to New York Agency.,, in futurel the alterations in the rates - Australia on London - will be advised to that Agency from here, and we will thank you to cable our Agent alterations at your end (i.e. the rates - London on Australia -). Your No 471 and 479. We thank you[...]fice for the cost. We were able to procure in Sydney, at a cost of £1.-.3d. per volume, a few copies but assume that you may he able to secure your order at a concession on the English retail price of 18/-.[...] |
| [...]in, consignments of Austra Ian Notes by steamer were made between branches during the week ending Satu[...]Per. Amount. 24/4/28 , Melbourne Brisbane "Orungal" £395,000 27/4/28 Newcastle "Burwah" 68 000 28/4/28 clydney "K[...]Y CITY COUNCIL. LOAN OF R. 000 000. Referring to your No.472 of the 29th March, we are advised by Flinders $treet Branch that the letter covering 1111 of Lading in connection with debentures forwarded per the Orvieto" was.despattated per the Tai4ti." The mails from the latter vescel were expected to arrive in London on the 28th March and the letter in question was presumably received by you in due course.INSURANOB ON AUSTRALIAN N With reference to recent telegrams, we have to advise that we have now[...]f notes in transit between branches, the rate of premium being the same as that payable under our existing policy with Lloyds, namely /3d. per £1,000 less As you are aware, it is our policy to transact all insurance business locally provided reasonable rates can be |
| [...]dig obtained and we had previously intimated to the local Oompanies that if they could offer a rate equal to that at present being paid to Lloyds we would probably be prepared to accept such offer. All shipments up to 30th :une next will be declared under Lloyds/ policy, after that date the ne[...]ikR'ZBANKC7ORO.A.TIA&SLAVONIA. Our records have been amended in accordance with your advices. The specimen forms forwarded with your letters Nos.470 and 475 have been distributed ambnot our Bramhes concerned. ImArR & The authorised signataures enclosed with your letter No.475 have been passed on to the three branches mentioned. /7 BARCLAYS BANK LTD - Your No.475. We note that supplement No. ► to Bar iays Bank Ltd. List of S natures has been despatched per ease. EDITO[...]LAILAgENTS - The advices ta your No. 475 under the above heading have been noted with interest. |
| [...]T COY OF 'AIN YORK. Advice has been received that as from 10th March the Capitol Nat[...]TRUST CO. OF -TO:; YORI U iir records have been amended as necessary. THE BANK t-7-41 BISHOP & CO. LTD. - HONOLULUr7 ' Reciprocal arrangements have been made with the abov[...]the negotiation of drawins under Letters of Credit and for your records a copy of the relative correspondence Is attached. You will note that we h[...]he necessary specimens rill 'be forwarded by your Office. Please act •[...]L CITY Ar OF 1:137I YORK . // For your attention copies of let ecel ed from the above are enclosed. MX= METROPOLITAN WATER SZi::ELACTE[...]7. DG. In reply to your chle of 27th ultimo, intimating ti, it was reported in the London Press that the above Board was sounding the London market for an independent loan, we cab_ • you[...]hem or under their authority. For your own information we may say that durinL, the |
| [...]S-La-39 • last two or three weeks we have been closely in touch with the Chairman of the Board, Fir. Cooper, in reeard-to the Board's futur finances. Up to the present time and until he 30th June newt their Bankin is, and will be continued, with the State Treasury New South Wales who provide them wit[...]is is not a payable proposition from the Treasury point of view, as they are themselv paying over 5for money, this arr[...]he Board have been in negotiation with ourselves, and, we believe, with others, to take over[...]dicated to them the terms upon which, we are prepared to finance them, which are in effect similar to those already granted to Sydney City Cowie • Greater Brisbane Couecil and other quasi Governmental bodies. Ou terms are quite acceptable to the Sydney Letropolitan Water[...]inage Board with the exception of the rate of interest a day to day overdra tsl 'which we have quoted at 6i,„ but which , owing: to the very adva[...]t they have had with the New South Wales Treasury, they consider high. However, we are not prepared to reduce the rate as such a 'step would mean a reduction in rates to other similar bodies. At a conference yesterday with Cr. Cooper he assured us that during our negotiations they had not taken any steps to[...]nor would they do so until negotiations were complete. |
| [...]CABIA FROM LONDON. Pied_ 4/4/28. No. 604. Sugar prices Cubas B.96% polarisation 12/3d. nominal, American granulated i6/, Canadian granulated 16/-0 Czecho-Slovak granulated 15/lid., all per cwt. f.o.b., other prices nominal, April delivery. Referring to our telegram of 20th March Melbourne Branch B/N. 2507/8 has been paid. New York sight rate on London is 4.88-3/16. Dated A/4/28. No. 605. Weekly figures. Dckte4 25/4/28.• No. 606. Referring to our telegram of 13th April, shall be glad of your authority to proceed with negotiations. advices quote - New York sight rate on London 4.88-1/16 Have every reason to believe that we can secure further reduction in premium. Latest Montreal tt 4.88-1/16 France T.T. It[...]124.02 Italy It ft 92.68 Czecho-Slovakia It ft 164-5/8 Germany (Reichmarks) 20.41 Portugal T.T. "[...]1/10-1/8 • pated 26/4/4. No. 607. Referring to your telegram No. 816 Head Office credited £100,000. New York sight rate on London is 4.87-61/64. Pied ?7/4/28. No. 608. Reported in press that Sydney Metropolitan Water Sewerage and Drainage Board are sounding London market for independent loan issue - In view of tentative arrangements already made for handling this Board's issue is it desired that we make enquiries? New York sight rate on London is 4.88-1/8, ed 2 28. No. 09. Referring to your telegram No. 817 Head Office credited £2000000. ate4 304/24. No. 610. Referring to your telegram No. 819 Head Office debited £2590000 credited £75,000. Latest London market quotations (after • deducting accrued interest) of the following securities are set out hereunder Commonwealth Government N. S. W.[...]8:10: - 5% 1945/65 298: -; |
| [...]an' • The Vice President & Ana The Bank of Bishop 44 Co 11,01LU* EAAII We dire to acknowledge receipt 03. your letter of the 5th ultiLio and hay.a to thari4 you for the fc U ti which you have placed at our di.posal The name or your inttution will be added to our List of , ,,orrespondents for the encashment o drawings under our Cireuiar Letters of Crit* *bile our Branches at Melbourne Adelaide* Btictano Perth* Fremantle kue castle and Hobart will )a instructed to negotiate drawings under your Letters of Credit, The last n..—ed Branch was not mentio in your letter* but as Hobart is the capit1 or thu Etate of Tasani, and a popular toJrist cicwIntre you will, no eaubt, consider it advisable to have the name of our Branch there inserted in your sod Tist of Correspondents* We shall also be plea d to att.. as your for Coll ot on of any drafts which you ma,be able to sand. to 110_4 Our Lorldori, Office hsv b requested to furni h you with a set of the nocesr.ary specimen .or an 1„!ynstures* and we shall be glad it you will forward us el ht conies of thosi,1 ssued y your goodseives* We trust L'1'..Liait[...]ziderab e volume or business passiniv '',,,etween our rst cU v institution, Your., faithfully,[...] |
| [...]April 5, 1928. H. T. Armitage, Esq., Deputy Gov[...]itage: About two months ago when in your City, I inquired of you if your Institution would include the name of our Bank in your List of Correspongents under Letters of Credit and -au then suggested that I write to your Bank on my return. We would like to see trade between Australia and Hawaii develop further than it has and we believe that the exports from Australia to Hawaii will increase as time goes on. Believing in the benefits of close contact with the people of your Country, we have made a practice of showing parti[...]visitors from Australia, and it would he a pleasure to us to assist your friends in enjoying themselves when they visit Hawaii, 11 yourour information I enclose copy of the last Annual Statement of our Bank. We are at resent revising our List el Correspondents under Letters of Credit and will be glad to include in our List the name of your Bank at Sydney, Melbourne, Adelaide, Drisbanel Perth, Fremantle and Vewcastle, if satisfactory to you. Kindly advise us, so that, if agreeable, we can send you specimen forms of our Credits and List of Signing Officers. We[...]would probably not he large in amount as at present there Is little in the way of exports from Hawaii to Australia. Trusting you can see your way to add our name to your • List of Correspondents, any. placing every facility or our Bank your disposa1 am Yours very truly, (Sgd.)[...]CKBURN, Vice President and Manager. |
| [...]F NEW YORK 37 WALL STREET, NEW YORK, Ma[...]AUSTRALIA. Dear Sirs We recently had occasion to check our files of control documents furnished us by our banking friends for whom 'Ne act as • paying agents under their Travellers Circular Lettes of Credit. We find that although we mention the name of your bank on our list of correspondents used in connection with E.T.C. Dollar Circular Letters of Credit, we have no control documents on file covering your Sterling and other Letters of Credit and therefore conclude we are not mentioned on your list of corresponcents. In this connection we are taking the liberty of orPer- ing you the facilities of our Madis Offiee ad our various brancha as follows:-[...]Our New Address Main Office ...... • • • • . • . • .(11 Broad Street, N.Y.C.) "8th Street Office . • • • • . . • . 79 Madison A[...]Street, N.Y.C. Importers and Traders Office P71 Broadway, N.Y.C. Foreign Offices. Mexico City Office ..[...]ion. (Subsidiary Company). 6 Kiukiang Road ti[...]Queens Road. we hope you will see your way clear to avail yourselves of our services and will be pleased to receive from you sets of control documents for t[...]elected. We will forward the documents to the respective offices as soon as re eivq1 • Should your list of correspondents at present not be in process of revision, we ask you kindly to pl.f,ce our name on file until such time as your list is revised. Very truly yours, (sgd[...] |
| [...]" 1928.[...]rs, We do not appear to have in our files a copy of your recent Signature Circular, and IL will he appreciated If you will forward this to us, Yours very truly,[...] |
| [...]rote you last on 1st insttnt, and h ive since received your Letters Nos.480 to 486 inclusIve, dated 4th and• 5th April, 1928, LW: FUNDS. Fin' - Your No. 485. LC The advices under the above heading have been noted with interest. SSIO'l TO AUSTRALIA RE DVEL0P11ENT, .94 MIGRATION Your No.401. LC Your advices are noted and we hope as a result of your approaching the Government that the Bank will have the pleasure of handling the Miszions s financial arrangements. STORES - CREDIT AND LETTE93 OF NTRODUCTIOD./ LC Referring to your No. 481, 250 List of Correspondents |
| [...]We thank you for the advises contained in your -0.44 relative to this mat ter, and have suitably advised[...]with ::essro. John Griffin ` ons Ltd. of Kembla 3treot, Kingsway, London W. . for the supply and delivery at our Note Printing Branch of one electric hand drill,[...]'tinting Branch advies that he does not know the pregent price but that it used to '“E) about £2[...]sat re ults. . damping of the paper is one 6 of the problems of security printing, it is important that our Note Printin_ I3ranch should know of cny improved 4kethods of damping and we should, therefor be glad if you could obtain Tram the Bank of h[...]g machines in queption.BL. For your information wo ro at ach[...] |
| [...]he whole of the promise to pay and the signatures and also mutilate other portions of the not„,[...]should like any notes forwarded by you to Lelbourne Office to be cancelled on sombwhat similar[...]s is practicable, and should be • glad of your advices in the matter in due course. Care should, of course, be taken to see that the cancellinL; dbes not inaqv Way interfere with the numbers. TWISLI33 N OF LESSAGE3 BEAM Vi RELES3 SYSTMA AND CABLE We refer to previous correspondence under the above[...]ich, do not embody money payments via 3eam Viireless system. As you are aware, we are desirous of utilising "Beam" as far as possib[...]is satisfactory. It is some time since we had your report regarding the Beam system of messages received at your end and we shall be 31ad to know whether they are now arriving in goo order and in reasonable time. The few Beam messages we have lately received from London have come through correctly and we are led to believe that the difficulty in transmissio[...]o has, to a large extent, now been overdo We prefer messages that do not embody advice regarding money pay- ments sent via the above method, unless, of course, your report as to the reception of our. messages is an adverse one. |
| [...]BANK A cor ii' . nt of 200 copies of our last half -yearly Balance Sheet\was sent I rom ha[...]this method,we shall be glad if you will, in future, supply t -% icy with their requirements from your stock each half-year. BRISB,'71fl CITY COTTO L. Referring to our letter No. 573 of 11th ultimo, we are enclosing two copies of financial statisticssupol[...]PU We have noted the adviceo contained in your No.458 and in the letter attached thereto from Portals Limited and much appreciate their action in refunding to us out-of-pocket expenses and in offering to replace the defective paper. In this connection we append extract from latter received from the general Manager of the Note Printi[...]"1 note that Messrs. Portals offer to replace the "defective paper, the exact quantity of which we "hold is 680 reams. No defects in addition to "those I have already enumerated htive been discovered "in the paper. The Dandy Roll is at present in time "possession of the Roughway Paper Ellis who were the "successful tenderers for the clapply of Poste Stamp "Paper for 1928. Upon completion of auch contract, the Dandy Roll is to e returned to the Official 'Secretaryto the Comilonw- th, London. get |
| [...]SIM "therefore, that the London Manager he instructed to communicate with the Official Secretary to the "Comonwealth„ London, with a view to having the "Dandy Roll made avail[...]Lessrs. "i'ortals will complete the replacement at an early "date, as I should like to see their re-make before "a coptance of the tenders for 1929.[...]s soon as posA.ble. Yours faithfully,[...] |
| [...]604 4ter iupiy and ,,,merao Board[...]716 7 Al.1100.110.1061140110111.1911.01041..." Loss[...]Note: The above are the combined 1' igures of t[...]bodies were not amalgamated until 2nd Anvil 1928. |
| [...]S-La-39 No. 612 - Dated 1/5/28 Weekly Figures. Dated /5/. No-. 613. - Referring to your telegram No. 820 Head Office credited £250,000 debited £178,000 - New York s[...]on is 4.87 7/8. S Dated Z//28. Ao. 614. Referring to your telegram No. 820 Head Office credited £50,000. Latest advices quote -[...]te ola London 4.87-31/32 • Montreal ;? 4.88-7/16 France 124.0e) fi 92.66 Italy CzPcho-[...]11 20.40 Germany (Reithmarks) ft 2-1/16d. Portugal T.T. Calcutta " 1/5-63/64 H[...]Chefoo (China pa d 4/5/28. No. 615. Referring to your telegr611 of to-day, Eastern Bank Ltd. offer E4:40 for £50,000 f.o.b. Fremantle, payment Lo_Ldon date of shipment. National Bank of India Ltd. offer 7/6 discount for 10,000 sovereigns shipment 21st May Fremantle to Colombo, further amount may be required during the next few days. P.O. Baking Corporation will probably be ir market in about two weeks time as we are advised they are shipping from Melbourne to-day. Referring to your telegram No. 824 Head Office debited 03,000.[...]on London is 4.88-1/32. ated 28 No. 16. Strictly confidential. Da'eck 5,/5/28. No. 617. Referring to your telegram of 3rd May, have discussed with Harvey and Bank of England expert who recommend that notes should be printed on mould[...]ing a distinctive 3 • plane watermark to register in a window provided in the printed des[...]Which should be as large as possible and not obscured by over printing on back or front. Maximum difficulty presented to a forger in a note Whose main feature cannot possibly be imitated by single letter press or lithographic printing and such a note mu[...]raduation only obtainable in one operation by recess printing and there is little doubt that plate printed notes desi[...]h to printing lithography or letter press in protective color printing on back of |
| [...]POM DON. Dated 28. No. 616. Strictl confidential. Referring o our telegram 2nd May 821 - Camp on requests substituting words my retirement" in place of "retir ng agreement" also wishes to make proviso payment n[...]to pension fund. Dated 7 5 28. No.826. Strictly on identia . Referring to your telegram of 5th Lay form of receipt dee ded b Board. Have no authority to alter. Amount may b increased to x,000 at 31st May. Olt[...] |
| [...]ft £50,000 RS T.T.for credit o, this Off Lox!. Pay to:-. Ent,lish 3cotLish Sc. AustrDlic.m Ban d. the sum of re, 06,000 CitouL,erciai, Bkg. Co. of Sydney Ltd. U 64,000 Oueensland National 3ank Ltd.[...]s T.Ts. to the debit If this Office. On end 7:2ay rece„..vo fro Yokohama Specie Bank 2„.1V • he sum of £500 000 as a '2.2. for erealt of this Office. l3oard contemplate coinp1z te is',1ue new paper currency. uems rocurrenoe attempted for:ery prsent issue would seem dioate vulnerability present issue owin almost entire pondenco multicoloured engravin/ process resultant from simplicity reproduction modern photographic development. Cost h[...]dged paper distintive clear watermark and multicoloured enzravinz combined seems prohibitive.[...]r in light of Bank of England experiencelle would recommend decitiO odzod paper tiestlaotiv6 clear watomark and simple letternrese printinc aS aGainst mould made sheet istinctive e ear watermttrk and multicolo4red enraging Dated 4 No;' orrinc, to your o&le C10 plefl.Se submit offers from India for purchrlse of gold $P' 000 to Z100 0 000. 10 oun bars or oovoreigas available. ay to The Union Ban):[...]tralasta Ltd . tile sum £200 , 00eas a T.T. for credit of his Office. |
| [...]16th May, 1928. LETTER NO. 581. Per ":1akur[...]e wrote you last on 8th instant, and have now received your letters Nos. 487 to 491 inclusive, of 12th April. STATISTICAL INFORMATION. • BL We are forwarding under separate cover for your files copies of the latest reprints of the following Act., covering the rat[...]1927 We are also forwarding a copy of the 1927 amendment[...]ge and Drainage Act (Sydney). SYDNEY HARBOUR viturT.// BL We are forwarding under separate cover for your files a copy of the Trust's last Annual Report (1026-27). From |
| [...]S-La-39 a regent statement in the press we understand that the Tim t is to be given[...]lieu of beino under Government control as at present. It is, therefore pdssible that the Trust will desire to raise an overseas loan at same :Later dae. We are not at present Bankers to the Trust, but think it as wel[...]inc consignments of Australian Notes by steamer were made between Branches durin the week ending Saturday 12th May,1928:- Date. From. To. Per. Amount. • 9/o/28 Melbourne Brisbane "Ormiston" Z10,000[...]o s.s. "Kiwitea n ) ( on llth May, 1928 ) Melbourne Townsville "Ormist n 30,000[...]Perth 60,000 12/ /28 Newcastle[...].s. 'Fordsdale" ) on 14th May, 1928). Tot[...] |
| [...]TION OF WORN AND SOILED PAGES. We are obliged for the specimens of Stevens' shields advised in your No. 473, which have been received; such shields appear to be quite desirable and would certain] protect those pages of our Code which are frequently used. The price, however, viz •- 1/6 per shield is somewhat excessi as a similar article can be purchased locally at a cost of 1/-. In view of this we do not desire a supply of Er.Stevc manufacture forwarded, hut will send to our principal branc1 a few of the local manufacture. AGENCY ARRANGEMENTS/ kalillanaLlanLAILUEMEL2121P.S2 3.A. We enclose herewith copy of letter received ftc LC. the above Institution and[...]Bank is identical with the Allgemeiner Bank-Verein in Polen, with whom we already have arrangements for the reciprocal issue of drafts and for the encashment of drawings under our Circular Letters of Credit. REMITTANCES TO RUSSIA., BANK'S PRIVATE TELEGRAPH[...]e been made for use between Capital Branches and your Office:- |
| [...]-4 ON* UKIEJI - Remit by telegram through Lloyds Bank Ltd. in[...]to be made to..... UKIFF - Remit by telegram through Lloyds Bank Ltd. in,[...]0 . • a * * • * St re0t040w04tMO 4. • • 0 * * • •[...]Ho use No...... 0 0 0060,00 Apartment or Flat No[...]been Instructed to exercise • special care in accepting transfers of this nature and, so far as possible, all particulars necessary to complete the form required by Lloyds Bank Ltd. will he included in the mess[...]These appropriations will not be used before the 24th June, thus allowing time for our advices to reach you. LONDON FUNDS & LO The information contained in your o. 490 under the above heading has been read with interest. |
| [...]NK OF OMAHA. LO With reference to the remarks in your No. 488, we may mention that according to our records all Branches may issue Demand Drafts on the First National Bank at Omaha (Nebraska) reimbursement being obtained by their drawing on your Office. In this connection we would refer you to your letter No. 149 of 23rd April, 1920, in wh[...]te that the above Bank would encash the direct drafts of Head Office and Branches in addition to negotlatinf, drawings under our Circular Letters of Credit. Pending your further advices, we are not taking the • matter up with Ade[...]LC The specimen signatures referred to in your No.488 have been forwarded to our Capital Branches. WIENER BAN VEREIN Your o. 480. LC The necessary alterations will 'le made In our Agency Arrangements and List of Correspondents. T Tv.7E COLL[...]w York Agent advised us J.P. Eorgan & Company desired that funds for payment of interest and principal should h placed with them[...]to the estimated amount of coupons to be retired. |
| [...]S-La-39 6 As this was the first Commonwealth G[...]flota- tion in New York since the opening of our New York Agency, we consider it essential tha[...]nd in this matter, and we asked you to place yourself in touch with Mr. Collins and press for funds lodged by the Government to be pl[...]to othei. fiscal agents as coupons and bonds were paid by them. The Commonwealth Treasury supported us in this matter and requested Mr. Collins to co-operate with you in presenting our case. From your subsequent cables it appeared that if we agreed to the original request of J.P. Morgan & Company, practi- cally[...]ed to Morgans and the National City Bank. We are glad to learn from our New York Agent, however, that Morgans have now agreed that the money will be evenly divided between the three fiscal agents two days prior to the interest due date, and that any unexpended balance will also be held equally. We gather from your cables that you consider that, in view of the terms of the contract, this arrangement is equitable. Yours faithfully, •[...] |
| [...]ty of mak nr money transfers to Australia we presently kindly ask to send us by return of mail: 1. The list of your most favourable conditions or abovementionel op[...]as for drafts.• The list of your Correspondents, to whom we shall have to remit the cover of our orders. Your last Collection Tariff as well as Your Telegraphic Key for authentication of money orders by wire The list of your Authorised Signatures. Lopin7, that you will kindly give us your most favourable rates, we beg to remain,dear Sirs, sincerely yours, • P WoZE[...] |
| [...]No. 82g. Purchase 20,000 by cable transfer for our Dollar Account with Canadian Bank o Commerce[...]r 28 No. 829 Aeferring to your telegram of 7th May, offer £15,000 Madras 7/0 discount aceepted,offer £20,000 not attractive. Referring to your telegram of 4th May, as no steamer available 21st[...]confirm. y.0.- 9W48u No. 830. Referring to your telegram of 8th May, National Bank of India[...]0 namely £10/000 Colombo £15,000 Madras. We are joint fiscal agents with J. P. Morgan & Co.[...]ew York for new loan. J. P. Morgan & Co. desire funds required for paymont interest and principal placed with them to be distributed by them to fiscal agents in proportion respective estimated requirements. As we are Bankers for Commonwealth we hoped all such lodgments would be made with us and we would reimburse Morgans and National City Bank of New York for coupons and bonds paid by them as interest earnings on funds pending payment would assist New York office appreciably. As this is first Commonwealth Governm[...]ng New York Agency matter of importance. Treasury agrees and is cabling Collins. Place yourself in touoh with him and press our case. Treasury advises'Collins arranging with Bank of Lngla[...]pro- • ceeds flotation from New York. Presume you are in touch. 28 o. 831. Referri.ng to your telegram of 9th May, shipments being arranged. Would consider favourable offers further sales. On 14th May receive from The Union Bank of Australia Ltd the sum of £100,000 as a T.T. for credit of this Office. Dat d No. 832 *[...]alia Ltd. £38,000 as T.Ts. for credit of this Office. Pay to Bank[...]. to the debit of this office. 0. $33, Referring to your telegram of 11th May, York Agency now |
| [...]advi ?. organ & Co. sta ee arrangoL/ents are money to be evenly divided between three fiscal age* ts two days prior to due date but on due date to bu distributed to each agent according to respective estimated requiremfmts. Please advise us by wire, also New York direct, whether these conditions agree with original contract. New York definitely advises proceeds will not be paid before 22nd May. o. 834. Referring to your telegram of 14th !ay, Letters of intro-. duct[...],000 as T. to the debit of this Office. Referring to your telegram of 14th May, National Bank of India Ltd., credit Note Issue Department opecial Account 2150000, credit Read Office in account £56:51-. Referring to your telegram of 14th May, New York Agency now advises[...]o be held equally by fiscal agents. We have already offered to pay Goern- ment 3% per annum on funds retained America, Bank taking risk of re-. discounting at higher rate. • • |
| [...]shipment 28th May 10 ounce bars to Calcutta, also further 100000 sovereigns at 7/6 disoount by steamer 28th may to Colombo. Will reply to your telegram No, 829 to-morrow, presume you mean 225,000 not E20,000. 1,'e have to -day debited Head Office E40 098:7:3 for transfer to your Dollar Account: with Canadian Bank of Commerce, Vancouver, rate 4.1118. Referring to our Letter of Credit No. 57 Sydney Office B/N 5,646 unpaid, relative wool being sold 16th May for our account* Melbourne Harbour Trust R. Nivison Co, think 5% 20 years loan El 0000000 could be Issued not less than 96. New York sight rate on radon is 4 88 1/32 Weekly figures. No. Referring to your telegram of 8 11. May ship t15,000 Madras 14th May, 10,000 Colombo 28th May. Referring to your telegram of to -day,are we to submit further offer? Referring to your letter of 20th March estimated profit London Offi[...]00, Savings Bank Departmen t11 1000 estimated interest on Aus- tralian capital May Juno 44 000. Latest[...]sight rate on London 4.87-31/32 Montreal 0 II e 4.88-1/8 Fra[...]2 Italy e If 1, 92063 Czecho-Slovaltia 11 164-3/4 Germany (Reichmarks) ft 20..10[...]0 " Calcutta 0 is 1/6 Shanghai 0 ft ft 2 7 I[...]1/10 1/2 11/ 4 No 23. Referring to your telegram of 9th May, contract provides that sum required for interest and principal bonds will be placed by Commonwea[...]gent at least 2 days prior to due date payment thereof. Notwithstanding strong representations by Collins and myself, J. P. Morgan & Co. wish to adhere strictly to terms of contract and divide money received In three equal parts with National City Bank of New York,[...]d out proportion tely as coupons p id. was not aware of terms above contract but am in touch with Collins other matters. Referring to your telegram of 7th Mays have now definitely arranged with Bank of &i.. land to receive proceeds of loan here on 22nd May at the ruling rate on that day. Shoul[...]ds will have to be employed they until 22nd May. Presume New York Agency can do this with safety, f |
| [...]S-La-39 tra) 623-4,29POL necessary. New York sight rator Lando. z 4,88-3/16, tqt No. Referring to your letter of 3 „-.,'ebruary„ Le tars of Introduction urgently required, when will ...hey be sent? Referring to your telegram no. 831 Head Office credited £100,000. Referring to your telegram No. e32 Head Office credited £338,000, debitod £69,000. Received from National Bank of India Ltd. £15,000 plus freight Z112:10:- less exchange £56:5:-. Please instruct 116 regard- ing disposal. New York sight rate on London is 4.88d4/4 No. 625. Referring to your telegram or to-day, contr6ct merely pro 1des that morloy for interest should b paid to fiscal agents and is silent as to how it will be distributed. We should, there- fore, only provide 1/3rd. of total as payment mucto. C[...]y possibly leave t5000000 New York to provide interest payment July and September. Iam eaquiring[...]k Agency if amount can be safely Invested there and probable rate of interest. I No. b2 Latest Londo market quotations (after deducting accrued interest) of the following securities are set out hereand Commonwealth Government 5 1945/75 Z98:15: N. S. Wo Govern' 5% 1945/65 1:9; Victorian Government 5% 194505 e98: -; Queensland Government 5% 1940/60 E97: 15: S. A. Government 5,4[...]amway Trust 5 1944/54 £97:10: Melbour6 £102:10; - South African Government 514 1945/75 £102: -: We have to-day credited Head Offico with £13,750 representing interest on securities held on account, of the Note Issue Department. Referring to your telegr m No. 834 Head Office debited £61,000. New York sight rave on London is 4.88-1/4. Weekly figures. • |
| [...]18th May 1928. No. 582 The Manager', LOUDOY. Dear Sir, F We are in receipt of your letter No.487 of the 12th ultimo and note your advice 0. We are pleased to have full information as to the staff position in London" and under the circumstances are quite in ccord with your action in appointing the probationers in uestion. Yours faithrull[...] |
| [...]22nd May, 1928. LETTER NO. 583. Per "Chit[...]ear Sir, We wrote you last on 16th instant, and have not since received any letters from you. • ..kg.....[...]elivery at the' Note Printing Branch of 1,500 reams 10/- and 5,600 reams £1- Watermarked Note Paper of the present size. The paper should be packed 40 reams to the case and the General Manager advise[...]y not later than December next. BRITISH TREASURY BILLS. As you are aware, the General Banking Department Sydney has made investments in British Treasury Bills from time to time, the relative bills bein_ hold in safe custody at your |
| [...]-2 OW Office. The present method of showing these bills as a direc t investment on account of Sydney Office creates some anomalies in our records and we are, therefore, contemplating transferring them on London books. Before taking action in the matter, however, we • should he glad of your full advices as to whether such action would render the Dank liable to any additional British Income Tax. We are under the impression that the addition to the grOS; earnings of your Branch arising from such transfer would ,e fully offset by the increased interest allowed by you on Australian funds which would be augmented by the amount of the Treasury Bills so transferred. Should our understanding of the position he correct • you may immediately take the Treasury Bills into your books under cable advice to this 0 flee. In this event Head Office should be credited with the value of the bills at the date of transfer, at the same rate of discount as realised on the original purchase by the General Banking Department namely, Treasury Bills £920,000 discounted at L4.0.20 p.a. £250,000 discounted at Z3.18.80 p.a. OUR PRIVATE TELEGRAPHIC CODE. Please no[...]been made for use between Capital Branches and your Office:- |
| [...]- 3 - UGADT: Place to the credit of General Motors Accept[...]h the Midland Bank Ltd., Haymarket Branch, London. 'The appropriation will not be used before say 25th proximo, thus allowing sufficient time for our advices to reach you. INWRATIOE9NAUSTR4JAVNOTES.[...]ing consignments of Australian Notes by steamer were made between branches during the week ending Saturday 19th May,1928. Date. From. To. Per. Amount. 16/5/28 Melbourne Adelaide "Saros" £243,000[...]Launceston "Loongana" 30,000 • MELBOURNE HARBOR TRUST[...]£273,000 Referring to our No. 576 of the 24th April, we cabled you on the 7th instant, asking the probable terms on which the Melbourne Harbor Trust could issue a twenty year loan of £1,000,000 in London. Your reply to the effect that Nivisons considered a 20 year loan could be issued at not less than • 9.6, was duly passed on to the Trust. Th[...] |
| [...]-4 111111111 considered attractive and in view of your later advices that Nivisons think it likely t[...]ntil July we propose to defer approaching the market for the immedinte present. If necessary we will arrange to temporarily extend our maturiN loans until a London flotation is completed. We were disappointed with the pricAr,of 96 quoted et, in your cables as the net proceeds to the Council 'on thi[...]y in excess of 92/0. As indicated in our letter No. 576 above referred t the Trust's finances are conducted in a very sound manner, and there is at present only approximately £502,000 of the Trust's securities on the London market. We should he glad if you would stress these points with Nivisons when the question of the issue price again arises, as we are anxious that the flotation'should be made on the best possible terms. Yours faithfully,[...] |
| [...]6'0 CABLES TO LONDON. Dated 1615/28. No.835. Receive from The Union Bank of Australia Ltd. the sum of L40,000- as a T.T. for credit of this Office. Referring to your telegram of 8th May we particularly desire obtain boot terms possible Melbourne Harbour Trust flotation consult R. Nivison & Coy and[...]r early July. Dated 18/5/28. • No.836. Referring to your telegram of 14th hay Commonwealth Govern- ment advise :21 500,000 being retained America and we have instructed New York Agency regarding investment. Referring to your telegram of 17th May National Bank of India L[...]Ltd. Please advise. On 21st May redeive from:- The Commie Bankg Coy of Syd[...]Sydney Ltd." £300,000 as T.T.. for credit of this Office. Dated 1915/28. lo. 37. Receive from The Commercial Banking Coy of Sydney the sum of £100,000 as aT.T. for credit of this Office. |
| [...]CABLES FROM Dated 16 528. No.628. Referring to your teleram No. 835 Head Office credited £40,000-. Head Office credited £250,000 for British Treasury Bills matured to-day and debited £247,520.16.8 for L2502000- British Treasury Bills due 16th August purchased at £3.18.8. Referring to your telegram of to-day R. Nivison & Coy think it like[...]New York sight rate on London 4.86°- Montreal 4.4815 16 ft[...]Italy 92.60 Czecho-Slovakia T. T. 164 13/16 If If Germany (Reichma ks 20.40[...]Calcutta 1/6 ft ft[...]1/11 L- Dated 17A/28. No.629. National ank of India Ltd. offer 7/6 discount for 10,000 sovereigns Colombo by first available steamer Fremantle after 28th May. New York sijat rate on London is 4.38 3/16. 4110 Dated 18/5/26. No. 630. Referrin6 to your tele)ram of to-day National Bank of India[...]. New York sight rate on London is 4.88 3/16. Dated 19L5/28. No.631. Referring to your teleg No. 837 Head Office credited £100,000-. Dated 21/5/28. No.632. Referring: to your telegram ;Io.836 Head Office credited 0. Z300,00Natinal Bank of India Ltd. offer N discount for 25,000 sovereigns rremant,ie to Bombay 28th May. New York sigh[...] |
| [...]:rTI .0 a a. 44 Referr1n7 ,r) your letter of the 1A11, Decenber 1ar3t, Dlea37Ei, the[...]llows "Londln 1,7anager s rort is vary Intere3t-1 ,T rec-Irtmend that tphe L ndn anr,izer e asked to 42bt[...]h The Trfnfer Yrcsnes hch we have at pre3rint wIll be adequate for our rerultrernents; Advertinp to ,7J,,)[...]o be a bar tt!) . 1)triet4s. - grind our g'y.74-11 1n-7 •71, 117 there it are„ frthHe greater ' part:made in Australia', and: it it) vnry .d6oirab1e to continue t do no. e s[...]a.lth Bask if nerot7,atilnf•:•:• 1:;ere onenel with ir 1111am ':,aterlow |
| [...]- personally.Prooably t:ley vig:IJ require a guarantee fro' the Bank that the macAn[...]for the Oar, printing, T thould tAlnk there toald be no objection to ,tvtng such a 'Ilarantee. However, I do not reCommend that stenr be tat,ren ,n this direction at present not until the negotiatilils with De In Ruets have proceeded further, and a17z1tation is recelved.fr:,m suggest that the London Ma[...]to ascertain and : advise in regard to the pr)greso lade. by regard e have already clrmunIc ter, 1th you by cable v;ith/ •[...]De Is 71e iorrnany for the Auxiliary rachtnes referred to abve. Thu eight also take ur --Ath 50 la[...]supplins ror the copner nlate machines atzf we agree ith mr, Ash that It Is desirable that we f.1..,,ould cIntinue to grind our On inks 2r. Ash'; remarks olncerning the pasib1I !ty of obtaining[...]ns at a later date for the var'ous machines, are net out for your infornation but we do not desire you to take any act ton in this connection for the ti'le being Yours thf •[...] |
| [...]CABLE FflOI LO DOI Dated 22 No, 633. :ent, Genera' for South Australia advises[...]f India Ltd. offer th discount for 10,000 sovereisno Fremantle to Colombo, 28th May, Commonwealth American Loan transfer completed to-day proceeds reoeivod 4 1 5062250 at 4.88 02 apportioned as follows: O Commonwealth Government...., • • 0 . 6 • •• • £3,390,088 6 6 Victorian State Government.. •*I* •00• £7610946 4 10 N .W. State Government.... 0 •[...]d tate Government. " £1 Olo 996 6 5 Victorian Aate Government and Net South Wales State Government amount paid their credit Westminster Bank Ltd. At the request of Bank of :land we have accepted in part payment £2,000,000 in British Treasury Bills maturing '1st August held on our account. • |
| [...]Note iriztUn Branch hau found it necessary to recommend that :two UAidi ti mita appointrae Lar[...]enclose copiou of advertieenents 1,thioli vie de ire ya mould invert in Britioh newspaper** Mz. a[...]U1RO en4lose tfeheriulc of infortiaion to be furnitthed by pp1ioto* TiAta infarplation ohoulA be o[...]lieution torn for to you under cover oi our latter ):4 .335 dated 28th Ostober 1.92b. in[...]:Or and ;tool. Plate „;neraver. ,Alere the ineormation tieeired by tLt attached schedule of tittotitiono (ma[...]erlaps tit contained in the application form raw:bred Lc laforwAtion, of course, need not also be LIAO= Oil tilO lattor • 'rho Genera ',41, ,nil,gere ill of the ovinion that it, vola/lb necessary[...]I) per ton= Des etiviy. and it 10 proposed thorerare urtiaatelty to mac thtise figures a a basis for negoti4tion. It Lowever[...] |
| [...]ould inrorm us a000rding y viion advisinG the results of the tdverti'unt. le should be ;lad to hoar from you in duo ooureu and to have your reco,f3tiondation in re U to the applications roocived. 'Yourø faithful y[...] |
| [...]h Bank of Australia Note Printing Department, Melbourne, Australia. Apply by letter to the Manager, Oammonwealth Bank of Australia,New Broad Street, London. TI TO B[...]you have been employed. Have you any Trade School or Institute training? If so give fu[...]origlnati Have you any knowledge of pure etching on copper brass or steel? if so,[...]04,41.00,1010.40.00.0100two00.1 23rd May 1928. 8 Y- DN'vY |
| [...]14TRIC 1 14THE OPARATOR used to security work required for Commonwealth Bank of Australia Note Printing Department, Melbourne, Australia. Apply by letter to th Manar, Commonwealth Bank of Australia, New Broad Street ndon.•[...]have been employed. Have you any Trade School or institute training? If so, giv[...]out any designing or originating? Are you capable of clearing and bending shells?[...]entric of lathe on which you gained your experience. Give details of any other of your qualifio tions (sAgraving„ trans[...] |
| [...]9th May, 1928, LETTER NO.586. Per t'Orsova." The Manager,[...]wrote you last on 22nd instant, and have. now received your Letters Nos.492 to 502 dated between the 13th and 26th Aprn, 1928. MR. PHILIP PRING. DG. We have given the above rrentleman„ who is a member of the firm of Pring and Docker, 3to k and Sharebrosers a letter of introduction addressed to you. The firm of ?rin[...]business with the City Council of Sydney and the request for this letter of introduction came to us throu.:,h the City Treasurer Mr. S.H. Solomon. We may mention that the firm of Prin]; and • Docker are thoroughly reputable and are highly regarded in Stock Exchange circles in 3ydney. |
| [...]ing consignments of Australian Notes by steamer were made between braildhes during the week ending Saturday 26th May, 1928:- Date. Fron. To. Per, Amount. 22/5/28 Melbourne Adelaide "Fordadal„, £2C7,0[...]Rockhampton II 55,000 26/5/2p rl c:Idney[...]"Katoomb 736,000 ( ” Hobart[...]IITSURNCE 'F AUST IAN NOTES. ,/ Acty, Referring to your No. 493 of the lith April, eneiosin copy of letter from Meocr2. L. Hammond Coy Ltd. as advised, appreciate the services rendered by Llessrs. Hammond & Company in this connection and regret that the transfer of this business to Australia has necessitated a severance of our relations with them this matter,• AGE[...]We thank you for the advices contained in your let or No.494. regarding the above. |
| [...]Vje note the arranement made as per your ":4.o. 494 with the above Institutions and are Dleased to see that. the Zivnostenska Banka V.Pra[...]ount with you. We shall glad of your advices as to whether arranse- ments have been made for our Fremantle Branch to issue draft On the Banca d'Americ[...]at Trieste and Abbazio.NEVI K AGENCY - Your No. 493. Your advices in this connection are noted and vre are circularising Branches, as neceissary, although in 4 previous circular the instructions regarding. Credit Notes to New York were quite definite. Please advise us of any further discrepancies of the nature mentioned. .:oURA,NCE am H ET NO 1 E5 D.JT40 Q.V. .6 The advice contained in your No. 495 are noted with thanks. Howeve we are at the present time (Loins into[...]definitely on the points referred to, at an early date. LO MON FUNDS & PINP'ICES. :je 1 are obliged for advices contained in your iloo.495 and 502, and for the accompanying[...] |
| [...]TS MITSUBISHI E1NK LTD. We duly received your cable of the 24th instant, advising that the Mitsubishi Bank Ltd. had applied for Wool Credits for the commn yer for £600,000, which you had declined Our approval, however, to credits of £100,000- at a time up to a total current amount of £300,000 at any time, was conveyed in our cable to you of 05t41 idem. You will, of course, advise us the particulars of each credit as arranced, in the usual manner. ilaj[...]y the Midland Bank Ltd. has been passed on to our Advertisirii Manager. STOCK DEPARTLOIT .[...]We thank you for the statements enclosed with your 7n. 499, which have been filed with our records. CITY OF 3YD11:77' POSED LOAN L2[...]of an early is:lue in London of £2,000,000, Your reply of 25th instant advi,A. ,11,74t Niv#,10n. recommend waiting until after lot July, has heen pas[...]e shall advise ,T-Jta of their wishes in due course. Al. intimated by. cabl[...] |
| [...]VERNMENT NEW YORK LO'lI. Acty We have received your various cb1es concerning disposal of proceed[...]instant, at • 4.88-9/32, and that at the reuer,t of the Bank of ]ng1and you accepted in part payment Z2,0000 000- in British Treasury Bills maturing 21st August. We understand from your cable that these Treasury Bills are being held as your own investment. With regard to your earlier cables enquiring whether[...]th New York ent concerning the matter and wore advised definitely that settlement would not[...]instant, we advised you by cable that had offered to pay the Commonwealth Government 3p .a. on such proceeds of the loan as were retained in America. Under this arranement the B[...]own investments through the New York Federal Reserve Bank. We were informed by the[...]at of the amount of approximately :)2,500,000 retained in New York '1,375,000 will be required on 10th July for,. interest, and the balance will remain on deposit at our New York Agency until about the 30th August. We accordingly advised our New York Agent to this effect in order that he mi[...]ition to make the best arrangements pos-Ahle with regard to investment of the funds. |
| [...]26th May, 1928. • The Manager, ommonwealth Bank of Australia, 36-41 New Broad Street, LONDON Dear Sir[...]ssrs. Fring end Docker, well known end highly respected Stock and Share brokers of Sydney. Mr. Prin is pro[...]he Narkunda on a trip combining business with recreation and would like, whilst in London, to hav[...]matters which he thinks may be of mutual interest. We shall be glad if you will extend to Mr. Pring your usual courtesy and attention. Commending him to your good offices. Yours fAlthfu ii[...] |
| [...]LONDON, Dated 5/ 8. No. 635. Referring to your telegram No.836 Head Office credited 0000 000 Referring to your telegram No,839 Head Office credited £93,750. Latest advice[...]on ond n 4.88 7/3, Montreal U[...]92.69 Czech° ovakia 14 -41 Germany (Reidhmarks) 11[...]1/6 3hanshai[...]1/11 4 P.E .119.114528 No.W. Referring to your telegram No.840 Head Office credited a000 000-. Eltsubishi Bank Ltd. applied for wool Letter of Credit for coming year of £6000 000 which we declined. I agreed subject to your approval and after consultation with LoComas to accept Letter of Credit £100,000 at a time up to current £300,000 at any time. New York sight rate an London is 4.88 No.637 Referring to your telegram of 24th May City of Sydney last 5 ,/,; loan now quoted 97.77 after allowing for accrued interest. to Considerable proportion still in the[...]steadily absorbed by investors. R. Nivison & Coy recommend waiting till Bonds quoted ex-dividend let July when they expect net price will be better. Referring to your telegram of 22nd May Hoes state prin[...] |
| [...]30th May, 1928. LETTER NO. 587. Per[...]ments made with the above Institution as per your No. 497. Branches are being tnstructe• to give preference to this Agent for business on Malta, Palestl and Syria. BANKERS TRUST CO. - Your No. 497. The lists of specimen signatures mentioned 1.),: you are to hand and will be distributed amongst our Branches concerned. ARZIMANOuLAU AND DEV[...]at this firm has opened an account in • your books. WESTERN AUSTRALIAN GOVERNMENT[...] |
| [...].44 Dated 29 5 28. No. 638. Referr ng to your telegram No. 841 Head Office credited £100,000 received to-day. Referring to your telegram No. 843 Head Office debited £47,000- credited £6,000. Referring to your telegram of to-day Note Issue Department Special Account credited £35,000 Head Office £131.5.- National Bank[...]nk of India Ltd. offer discount for 5,000 sovoreigns Orsova" 4th June 10,000 "Narl:undai 11th June Fremantle to Madras. Sur Prices - Cubas B/ 96;7 polarisation 12/- Nominal[...]/- ,dzecho-Slovak Granulated 14/67 Continental Beet[...] |
| [...]Bank of Alasia Ltd. £110000 The .6nr1ish Scottish & A/ia Bank Ltd." £142000 as T.Ts. to the debit of this Office. Receive from The Commercial Banking Coy of Sydney Ltd. the sum of £6,000- as a T.T. for credit of this Office.
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| [...]617, Dated No. 638. Referrin2, to your telegram 841 Head Office credited £100 ,000 received to-day. Referrin3 to your telegram ;.;o. 843 Her,d Office debited Z47 1 000- credited £6,000. Referrin to your tele,ram of to-day Note Issue Department 3pec1a1 Account credited £35,000 Head Office £131. Nat[...]nk of India Ltd. offer discount for 5,000 soveretll "Orsov." 4th June 10,000 0 Narkunda0 11th Juno Prenant3,e to Madras, Pric[...] |
| [...]5th June 1928. No.588 The Managers[...]1 6 As indicated to you by cable[...]houses have for sone years past bona making overtures to the City of Sydney with a view to hand1in their.London Loan flotations. The Civic Co-vicsi- mers recently asked our advice on the question or seeking bids from[...]nd while we had indicated to =hem that we were of opinion that they should continue to do their[...]through Nivisons we thought it az well to obtain your own opinion and the spin on of the Bank of England on this matter. Your cable advising that Mr. Norman Sir Ernest darve: and yourself were. of the opinion that the ,,,nterests of the City would be best s,rved by cont[...]Nivisons was pessed on to te, Critsioners with our strong recommendation that this curse be followed. annena hereunder certain Oily of c4 dney statistics[...] |
| [...]5th June, 1928. LETTER NO. 590. •[...]wrote you last on 30th ultimo, and have now received your letters Nos. 503 to 508 dated 3rd May, 1928. IISSEIVOR, ON AAUSTRALIal NOTES. --[...]ing consignments of Australian Notes by steamer were made between Branches during the week ending Saturday 2nd June, 1928:- Date. From. To. Per. Amount, 2/6/28. Melbourne Brisbane "Ferndale £307,000[...]SYDNEY. 0.27.X.M.. We are forwarding under separate cover for use at |
| [...]- • your Office three copies of the fo11owtng publications relative to the City of Sydney:- Annual Report of Electricity Department lc)26. Estimate of Income and Expenditure 192$. Sydney Corporation (C[...]Sydney Corporation Amendment (Loans) Act 1928." • INSURANCE ON. AUSTRALIAN NOTES FRQM POINT TO POINT. Referring to your No. 503, the information desired by you was forwarded in our No. 578 of 1/5/28 which will have reached you ere this. 8AVINGS BANK DEPARTVENT - Your No. 505. Your advices to the effect that the balance Of the[...]ENT OF TASEANIA. With reference to your No. 506 and our No. 576 of 24th April, we are enclosing, for your files, a copy of a further communication received from the Tasmanian Treasurer. The letter in question is being considered by the Board, at present sitting in Melbourne, and the Board's decision will be passed on to you in the course of a day or so. • LONDON TeU- '[..;[...]We have perused with interest the advices in your |
| [...]S-La-39 We note from your No. 504 that the name of the above Institution ha[...]JUGOSLAV DISCOUNT MORTGAGE BANK LTD. Our records have been amended as necessary. ,AAPEUUS PRIVATBAN11. PRVA HRVATSKA r'TEDIOUICA. With reference to your No. 504, some of our Branchez have advised having received a 3unplementis,.-ued by the Aarihuus 'rivat[...]t we may verqfy the supplementary lists of signatures mentioned' please advise the date of those received at your Office. PERTI 10/D/R Io. 2905 H.H. IENNET[...]ay ng the above, Fixed Deposit you calculated interest for 366 days. As a matter of information, please advise why the additional day's interest was allowed when the deposit was for a fixed te[...]ths. We assume this is the usual practice at your end. DISTRIBUTION OF BANK t c"_BALANCE SHEETS - Ybur No. 507. We thank you for returninp our Lailing List duly amended. |
| [...]S-La-39 We are arranging for the N York Agency to distribut copies of our Balance Sheet to all our American friends who have been receiving copies in the past.' In addition to th4 list which you are forwarding them, we are sending a schedu: from here of the names still remaining on our flies (150 • in number In view of our now being established in New York, ou Agent there will, probably require a supply of say 250 for local requirements in addition to their mailing list. We shall, therefore, be glad if you will arrange to forward 400 copies plus the number of names supplied direct by you. Yours faithfully, •[...] |
| [...]X40 copy. TrEiZURY HOBART. 1928. The Governor, Commonwealth Danh Pitt 3treet„ YDNLY. . J. Dear fir Inheres e mod on moneys deducted by C[...]te the th &d m, now have to inform you that ,fter further very care al consideration by nisters and by u Goan el of t[...](I"- pute between the Government and the Bank in reintion to the -ove and notwithstanding your Board / offer of document and inform ion in the event the differences being submitted for set lement in th;t mann Jinisten, have finitely reached the conclusion that arbitration proceedins n[...]ut probably in the and would involve delay and increased exPenses, Further, our legal advisers both London and here considor that the differences between the Government and the Bans are too Vvortant andserious to justify reff,renoo of the same to arbitration, and th it will - far betto take action in the High Court of Jost c n Un ess therefore your o, --)rep to submi t +o me reasonable offer of settlement proposed to cable instructions to London for the is-lue withoutfurther noti e of necessary writs. The opportunity no[...]t p_ judice " and f your rd will regard the Government decision n t _latter as 2inal Yours f,ittifully„ Treasur |
| [...]LES FROM LONDON. Dated 29 5 28 N . 639. Weekl fiwures. Dated 30/5/28. No. 640. Referring to your telegram No. 844 Head Office credited 06,000. Referring to your telegram of to-day National Bank of India Lt[...]sight rate on London 4.88 Montreal " 4.89 41[...]Italy 92.66 Ozecho-Slovakia " 164 14: 5 Germany (Reichmarks) T. T." 20.40 Port[...](China) 1/W Referring to your telegram of 30th instant, the answer is yes. Letter of Credit will be similar to our 91 but drawings will be at 60 day's sight. Mitsubishi Bank Ltd. state credits involving retention control wool unsuitable. Dated 31/5/28. No. 641. Latest London Market quotations (after deducting accrued interest) of the following securities are set out hereunder:. Commonwealth Government 5[...]N. S.W. Government 5, 1945/65 £97 15 OW Victorian[...]Queensland Government 5A 1940/60 £98 - S.A. Government[...]st 5-1 1944/54 £97 10 Melbourne Tramways Bd. 5/ 1944 £93 15[...]New Zealand Government 5% 1946 Z102 10 South African Government[...]York sight rate on London is 4.88 1. Dated 1/6/28. No. 642. Securities totalling £800,000 held on account of Note Issue Department matured to-day. Head Office credited £8,400, representing difference between Face Value and Cost. Balance of proceeds credited to Note Issue Department Special Acoount. |
| [...]MIR No . 642 - 1 28 Contd. We have to-day p[...]the Note Issue Department British Government Treasury Bills as follows:- Fat:Ai Value 2800,000 Cost 0920066.13.4 Maturity Date 1st September.[...]York sight rate on London is 4.88 A. Bated 1 6 8. No. 643. Strictly confidential. Referring to your telegram of to-day Norman holds view strongly that all borrowers should have one recognised trusted adviser of good standing and on t[...]Commonwealth Bank of Australia London Branch who are in a position whenever they think fit to consult with Bank of England more particularly regarding Australian Government Loan. Sir Ernest Harvey thinks it would be a great mistake for Sydney City Council to go outsi[...]uing house in comparison to R. Nivison & Co - Refer our letter of,18th November 1925 401 and our letter of 15th December, 1925,438.in view of the very adverse press reports of the recent Council's doing it is essential the Counc[...]the hands of people undoubted standing and strength. Dated 5/6/28. No. 644. Weekly Figures. Dated 516/28. No. 645. Moreton Bay, Hobsons Bay and Largs Bay have been handed over to new owners and pursers not retained. Do you wish us to take any step to obtain possession and verify Savings Bank records pursers. New York sight rate on Lon[...] |
| [...]TO LONDON. Pated 30/5/23. No. 844. Receive from The Union Banc of Australia Ltd. the sum of £36,000 as a T.T. for credit of this Office. Referring to your telegram of 24th May, No. 636 assume Mitsubishi Bank Ltd. Letters of Credit will be similar to yovr cabled credit 91 or 23rd January. If other arrangements made whereby we retain control of wool will be prepared consider application for additional amount desired. Referring to your telegram of 29th May National Bank of India Ltd.[...]tly confidential. Sydney City Council asking our advice whether they should remain with R. Nivison. & Coy or whether they might[...]and others have for some years been making overtures. Our own feeling is that we should not be tied to Nivisons and if equally good services can be obtained elsewhere as a matter of policy would be desirable to give other houses an opportunity more especially in view of Lord Glendyne's age. Please telegraph your views after confidentially consulting Bank of England.
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| [...]13th June, 1928. LETTER NO.591. Per "Laung[...]rote you last on 5th instant, and 'have now received your letters Nos.509 to 517 dated 10th May, 1928. BONDER ES BANK. We enclose herewith copy of letter which has been received from the above Bank 137 our Perth Branch. Please give[...]OLEN VIARSAW. / The above rent issued a draft No. 215073/37687 dated 26/3/28 for :,200 on our Melbourne Branch. As the arrange[...]only, and neither the , advice of issue nor relative cover is yet to hand, we have instructed Melbourne Branch to withhold payment meantime. We shall be glad if you will bring the irregularity of issuing |
| [...]We do not appear to have yet received copies of the specimen forms and signatures from this Agent. SAVINGS BANK DEPARVIENT, SUMMARY OF BU3INE33 TRANSACTIO. For your information we enclose the customary copy of[...]his Bank during the quarter ended 31st March, 1928. INSURilflCE 1 7TIALIAN NO[...]ing consignments of Australian Notes by steamer were made between branches during the week ending Saturday 9th • June, 1928;- Date. From, To. Per. Amount. 6/6/28 Lelbourne Adelaide "Jervis Bay" £331100([...]Perth 261,000[...]. ''', ;ENTATION OF MUTILATED NOT - Your No. plo. We thank you for the des- patch of the verbatim report of the judgment in the case against th[...]This, however, was not enclosed with your letter, and we assume that it will reach u- by the next mail. |
| [...]versus We than., you for the report in this connection. We shall be g12d of your further advi es regarding the beam cables in say, 3 months'[...]We thank you for the advices In your No. 517 0 which have been perused with interest. C0rELTH 5 TAR CONVERSION & REDEMPTION LOAN 1928. On 7th instant, we c[...]BO,, TRIM Further to our letter No. 583 of the 22nd ultimo, and to our recent cables, we have passed on to the Trust the recommendation of iiessrs. Nivison that a'5% lean of £l,00, 0u be issued now at 96N. 7je note that the issue of registered stock is recommended, but we are doubtful as to whether the Trust under its present Act has the necessary authority to • issue stock. On receipt of the Melbourne Harbour Trust' decision in the matter we w[...] |
| [...]RISBANE CITY COUNCIL. We cabled you on the 6th instant, asking the prospects and probable term[...]00 000 could be Issued in London: in the near future. As indicated Ir our subsequdtt cables, we desire the Melbourne Harbor Trust loan to come first in date of issu[...]the . Brisbane City Council 'issue to be made before the August holidays if possible. With regard to Government Guarantee, we have discussed th[...]d, he anticipates that if Government Guarantee is required it will be obtainable.CITY OF SYDNEY. -' Referring to our letter No. 588 of the 5th instant, an subsequent cable of the 8th Hem, our New York Agent advi es that the bond market in America is abnormally weak at present and it haso therefore, been decided to defer the proposed issue for th[...]en we will again approach the London and American markets. Should, however, a favorable opportunitypre went itself for placing of this loan in London prior to that date we presume you will immediately advise us.[...]N Pending flotation of the loan we are providing the requirements of the City by way of overdraft. |
| [...]5c7 1 We do not appear to have received the usual statement o receipts and expenses in connection with the Z2,000,[...]if you would forward copies of the state,lent for our own and the City Treasurer's files. • Yours faithfully,[...] |
| [...]OSLO, iay 1st, 1928. Commonwealth Bank of Australia, PERT H. Dear Sirs, We herewith beg to offer you our services within all domains of Banking In case of reciprocity on your part our conditions will be in accordance with the lowest[...]find occasion to make use o same We are, Dear Sirs, Yours faithfully,[...] |
| [...]BLES ti .o. 645. Moreton Bay, Hobsons Bay end. Largs Bay have been handed • over to new owners and pursers not retained. Do you wish uti to take any step to obtain possession and verify wings Bank records pursers? NCw York eight rate on London, is 4.88l/8 Da *gi No. 646. eforrinv; to your telegram No. 847, Lead Orice credited £125,000. • Referring to your telegram of to-day, R. Wivison et Co. quit,e prepared consider a corporation issue at any time, but as[...]d prfer to come first - City of Brisbane, Melbourne liarbour Trust, City of Sydney or Metropolitan Water L[...]New York 1..- igh- rate on 7.,7„....6,n 4.88-1/4 Montreal l' n ti France[...]Cech° -Elovakia it II 164-11/16 Germany (Rolcbmcrk) It[...]Calcutta " 1/5 - 63/64 Shanghai IT ft 11[...]It 1/11-1/8 DAed 647. kJulject to your approval we e0.;,91)1:,ah a Documentary Lrcdit n favor of Henry Caulliez in exactly 4nallar tetras to our Credit 12 to the exteht of 000 000 available 30th June next year. Record as our L/C No. 136. Red Clause .C250 000. c4,JWLa. No. 648. Rerring to your tel-gram of to-,..Ay wil' on iZ[...]Yo rk."sight rate" on London Lp ,ed 9 o. 649. Referring to your tOiegram of Bank of ag and considering and will reply Monday. Referring to your telegram of 2nd iay , flannelet e only quotation to sample 9id. horrockses Crewdson delivery commences about 8 weeks[...] |
| [...]ay( Fr nk Ltd. mentioned In your letter 48 7. Telegraph ins tructions, ii 6 050, liefrrinE to. ,/our te1grw of 28th M, , Gold shipment credited to No Issue De. artment Special Account 1,25,000 and Lead Office 193/15 -. Referring to your tlegram. No'. 8$1 "lead Office credited. .H3 000 and debited £18,000. Referring to •sour telegram No. 84 2 Read Offce credited. 175,000, 7.. ,:' Yo'k "sih,t rate - on London is 4, 8-1/4. 1 6 No. 651. Confidentitl. RcftrrLn to your telegram of 9,n Jun, Bank of Enzl, d aJvise position completely aitcred owing to large importation f frr)m by 1-ig English Bank £4,030,000 recivcc. £3,503,000 to come during next fortnight will probably :'ore to folio-. ttm ld be go to America they are prt-Tred to take it on following basis excluding freight and provided extra cost doez: not exceed ""' 6' ',A.;, „ Bank of Engl,nd to Day half of nett cost on firt 41:500,000 and quarter nett co !,'t on fur r £500,000 :yr.qt,01,1t, rr4„ o _don fl te&LLt 6 No. 62. Confidential. As City of Brisbane wish to come before August holiday, R. Nivison & Co. recommend isrAling:Uelbourne natbour Trust at once. They mggest 54 at issue price 96t. Stamp duty on Bonds being E. 2 - they recommend registerd stock Stamp' duty compounded at 2/-. p[...]• each half-year .as. was done .by k'-ibourne an tletropoli,,tan Board of Works, Exper[...]oan at a price not exceeding par and :accrued interest,gelbourne Harbour Trust r'gi stoc1. issues ane payable in. London and the interest thereon the property. o*.f: pcIrv.,On(E) not domiciled in the • State of Victoria are not and will not he subject to any taxes duti[...]Please confirm (message ends) think price 96i is good one as 'Melbourne and lie. ropolitan Board. of Works quoted 961 Allowing for accrued interest. 65. fi,,., es. Dated 28. No. tc4. Re1erri.n1 to your te1gram No. 853 Read Office debited • £1,', • 000,[...]ondon is 4,88-1/8 Confidential. Referring to your telegram of to-day Bank of England will accept used soiLreirns not more than 3 grain. (Troy) lighter than stan[...] |
| [...]S-La-39 Dated 13/6/23. No. 655. Tieferl ng to your telegram o. 051 Head 0 flee credited £203,000. Ref erring to your telegram No 354 Read Office credited 11 ( )3, Our Letter of Credit 3ydney B/N 6047 unpaid. Latest advices quote:-[...]irlat rat, on London 4.38 3P Uontreal 4.89 Fran[...]Czecho-31oval-Aa 164 Germany (Reichmar 20.43[...] |
| [...]CABLES TO ONE N P4tP4 -6 6 28. Referrin to your telegram of 5th June No. 645, please tako over passbooks date stamp and all stationery and endeavour to arrange with owners for similar ziervic as the ships will k.praue as heretofore, City of Brisbane contemplate issuing loan £10000,000 to cl 50n 000 in the near future. Consult Nivison and ascertain whether present time would be opportune to issue such loan in[...]advise probable terms. ayor of 3r1 Nine at preL.ant in Sydney end would like information before he leaves Friday. d Nqt_ $41. We have agreed transrer for Wtert Australian itat,e Government £125000 6th June)4C125,000. 30th June exchange being ad[...],_81ta, Commonwealth 5:ii% War Conversion and Redemption Loan 1928 opens Thursday 7t4 June for receipt of cash and conversion applications. Alter or of previous Loan and receive applications. Loan closes 14th September 1928 but Treasurer reserves the right to close at any time before that date-, Price of issue E98/10/-r4 Ra[...]maturity dates 1935 and 1942. First intereLt on cash applicationv will be paid to subscriber 15th September 1928. Cash is payable in full on applicat[...]balance in one amount up to 14th September 1928 or 1O, on application 25' );_, on. 2nd July. 1928 . 25;4; 2nd. August 1928 and 34% 14th ;September 1928. Converters receive on. 15th September 1928 bonus of i1/10/-% en .amount converted* Usual six months' interest at 5% p.a.. will be paid on 15th September 1928 on amounts surrendered for conversion and thereafter. at p.a„ first payment at this rate being 15th March 1929. Coupon due 15th September 1928 shoul be detached. from Londs surrndered for conversion, Referring to your telegram of 6th June, credit approved. R eferring to your telegram of 6th Jun., No.646 we under stood from your telegram of 25th May that conridereb e proportion of City of Sydney Loan was still in the hands of under writery undiusted and that, therefore Nivion preferred not to handle another Eydney isue thic, mont[...]• Sewerage and Drainage board not in the market at present and of other two Melbourne Harbour Trust should come first. You advised |
| [...]2 terms for 11''lbourne Harbour. Trut would probably be better if issue d'ierred until early July. Does this still hold. good? If Melbourne larbour Trust Loan issued shortly could City of Brisbane come therafter before August holiday'? addition to small sal4s. to India we ti3,re prepared sell £1,000,000 for shipment to England, freight paid by u here.. AscELtain whether Bank or :England prepared to xake offer. Shipmont to be made by Commionwealth ster leav*ng Fremantle about 15th June, Bank[...]lia Ltd. the sum of £30000 as a T,T. to the credit of this Office. Receive from The Commercial Banking Go. of Sydney Lt[...]3th June, Z3000000 15th June as a T/T to the credit of this Office. Under to-da[...]ssue Dent. Special Account' £75,000 for the credit of Head Office in account. Com[...]e. Confidential, het erring - c your telegram of 11th June[...]would Bank of F 1a 1 . ceept used gold no more than 2 sovereign l'Ot per £1,000 or is offe- for full weight sovereigns only? • |
| [...]Net Result Interest Increase in Depositors' Credited to[...]X Decrease[...]209359 2,754,213 5 7 2 435 2,862 603. 9 6 8,61 1 14565 8972 343, 423 10,724 534 5 5VIC[...]4,149 410 3,952 6666 3908 .174,275 5,862,210 9 2 QUEENSLAND.. 324199 5,111,977 18 3 320689 5,174,435 5 62/457 72 12,186 3 4 6035 11156 453, 224 22 465,947 19 8[...]2040 1698 63,653 2,351,418 5 ( di 34863 566,357 1 36651 611,583 2 4 x 45,226 14 1,626 TH AUSTRALIA[...]783,157 19 4 54017 720,877 n 10 62,280 76 1,952 9 3698 1910 87,982 2,823,503 19[...]• • 28964 299,684 12 I 23141 278. 78 506 8 11 6o 14 1634 950 6,65i 3.564 601 5 NORTHERN TERRITORY 1230 26,377 17 , 3 1036 21 4,686 212 - 123 150[...]40,232 310 9 34, 03 3.5 6, 228 8 171'[...]• • 2160 96,198107 3478 90,284166 5,913 339 310 265 6,723 358 367. 7613.68 11 152,929 16 9 751.946 4264,450 - 8 X111,520 29,645 45248 29107 1,198,627 46,32 6 12 We certify that the above Statement, compiled from returns furnished by the several Offices of the Bank, is correct. Secretary.[...]Sydney. 8 th June, 1928. |
| [...]16th 3une 1928. No. 59 CONFIMNTIAL[...]f C.A.B. CAMPION s( We are in receipt of your letter No.514 of the 10th utimTh ezr.....,7 -3..osures as advised. In this connection cabiEls---to and from Y. Campion have passed direct as under:- • 1 28 Pram C.A.B. Cam ion "Private. Regret Bank here will not comply with arrangements suggested in your telegram aith April unless my receipt embodies a reference to an undefined agreement which conflicts with the arrangements suggested in your message." 8 To q414111._gaMaPn "Form of receipt was dictated by Board. My personal[...]n as such action will not prejudice consideration by Board of your further request." 28 From C.A.B. Cam ion "Private. Very grateful am acting on your suggestion." We presume therefore that the matter has been conclude.[...] |
| [...]19th June, 1928. LOVER 110. 593. • Per "Cathay.[...]wrote you last on 13th instant and have not nines received any letters from you. INSURANCE ON AUSTRAL[...]For insurance purposes we have to advise that there wore no consignments of Australian Notes made by steamer during the week ended Saturday 16th June, 1928. LOMILDNEIELA2m2gEMENT3 GOVERNMENT OF TAT N IA ith reference to our :To. 590, we enclose here- with copy of *our reply to the Tasmanian Government dated 16th instant. As mentioned previously the letter ftom the Tasmanian Government of 26th-ultimo, (copy of which has already been sent you) was the subject of further discussion Ix: our Board of Directors at a recent meetinc, and it was decided that in view of the stand the Government had now taken[...] |
| [...]L Rio de Janeiro, lath April, 1928. Endereo Teleg,,aphico "Satellite". Fef.:[...]We i±ould like to have you 2Tive us your authority to include, among banks quoted as paying agents for our Letters of Credit, the Head Office of your honourable Establishment and its Branches at Albury, Broken Hill, Canberra, Dubbo, Lismore, Newcastle, Brisbane, Rockhampton, Adelaide, Hobart, Melbourne, and Rabaul. • With our thanks in advance for the kindness with which you deic.n comply with our wishes, we beg to inform you that soon after we get your •:!onsent to the above mentioned effect, we shall send you in due time, for your guidance, copies of said Letters as well our books of specimen signatures respecting them. In this meanwhile, we remain dear Sirs, Yours faithfully,[...] |
| [...]a-39 4.4618 COPY. SYDNEY, 16th June, 1928. CONFIDEN444.1. The Treasurer, State Treasury, • Dear Sir4 HOBART. TAS. Interest earned on moneys deducted by Commonwealth[...]w. ..orrOMO. acknowledge receipt of your letter of 26th ultimo. Whilst regretting your refusal to submit the matter in dispute to arbitration, and whilst reiterating our regret • also that it should be necessary for two Governmental Departments to resort to the Law Courts, I am directed by my Board to say that your letter leaves them no alternative but to defe[...]uted. Yours faithfully,[...] |
| [...]ork 3ight rate on London 4. ed No.657, Latest London market quotations (after deducting interest) of the follovincs securities are set out hereundr: Commonwealth Gave rn-c,lit[...]3.W. Government 1045/65 £07 15 - Victorian Government[...]5 £98 Queensland Goverment 31;6.3 1940/6u £98 - - 3.A. Government[...]5 4', 1944/54 £97 10 WO Uelbourne Tramwais Bd. 5i4 1944 £94[...]New Zealand Government 5/.. 1946 £102 15 3outh :Ifrican Government[...]R. Nivlson & Coy advise that suggestion to delete reference to purchase on London maret is not acceptable. Yarltet attach much import4noe to investment 3111Inc ALLA in London. They regard alternative suggestion of 2,. without that condition as of little or no value to subscribers of loan. Referring to your telegram No. 851 Head Office crocqted Z300 00:). New York sight r-ito on London is 4.88 7/32. Dated 16 No. 658. Referring to your telegram of to-day depositor," balnn 9th June Lon[...]74.1.10 3trand Branch £352,782.13.1 Total Z445,756.19.11 - Referrinc: to your telegram of 16th June we are making enquiries and hope to r*ply to-morrow. New[...]tial Nivison v- Coy advise advertisinj, Methourne Harbour Trust Wednesday close Friday. Referrin7 to our te1eram of 25th L:ly City of Sydney 5-!,;,, has steadily advanced to 981,, allowin for accrued interest R. Nivison & Coy ml ht now consider ques[...] |
| [...]S-La-39 nated 1E2/18. No. 660, Melbourne Harbour Trust debentures required 6000 at £100 numbered 1 to 6000 and 800 at £500- numbered 8001 to 6800, first coupons to be dated 1st July 1929„ principal to be repaid 1st July 1948. Onstalment due 26 29th June, 35g 7th August, 3Et 10th Septem[...]uaranteed by Queensland State Government. As market will be occupied with two other loans not Australian after Melbourne Harbour Trust, Brisbane City Council cannot come before End week of July. Will cable regarding bydney City Council in July. New[...] |
| [...]TO LONX:,1. Dated 13./6/28. No. 854. 'Receive from Union Bank of Australia Ltd. the sum of £11,000 as a T.T. for credit of this Office. Referring to your letter of 17th November please place order Lewis[...]s delivery not later than September two tons Frankfurt Black Dry colour similar all respects previous supplies. Referring to your telesramsof 11th and 12th June Bank of England offer is accepted 1,000,000 lightweight sovereigns being shipped to Commonwealth Bank of Australia, London, by "Jervis Bay" leaving Fremantle about 15th June average lightness does not exceed grain per sovereign but time does not permit individual weighing. Any sovereigns under specified weight to e taken at bullion value. A.11 advise shipping costs shortly. Dated 14/6/28. No. 855. Referring to your telegram of 11th June Melbourne Harbour Trust no power issue stock but accepts price 96ii for debenture issue Sinking Fund Clause approved. Purpose of -loan £764,000- redemptions £236,000 new capital works. Will adiriee later date of[...]se advise date of issue. Would suit if proceeds spread from 1st July to 10th September. Dated 1516/28. iTo 856. Referring to your telegram of 9th June flannelette accept quotation 8d. Barlow and Jones. Dated 15A/28. No. 857. Referring to our telegram of 14th June LelleournL Harbour Trust strongly prefer sinkin fund clause should merely state Trust provides a minimum Sinking Fund of l on all its loans. If necessary Trust will increase Sinking Fund to 2;i; per annum. Please delete all refernce to purchase on London market. Free of taxation clause approved. Dated 16 6 28. 8. When recently in London Eva and Sanderson informed me freight on gold to London would if necessary be reduced to same rate as America j5. We approached Commonwealth Line regard- ing shipment £1,000,000 but after cabling L[...]is prohibitive. Please take matter up and cable result. Proposed shipment deferred pending your advices - advise Bank of England. Armitage. Dated 1&6/23. No. 839. Cole total depositors balances savin[...]that date. Advise Strand Branch similarly. Referring to your tele:ram of 15th June Labourne Harbour Trust agrees to 3inking Fund clause suggested by R. N[...] |
| [...]56)4 a • The Lnar ,[...]I NO 7•,,,5 • ' In your roturn of above you show initiation of :Ir. Note N0.75 tY,3 Z.V17/f 5trand3 re ponse to th S it On however, apoirq..1 a[...] |
| [...]ote you last on the 19th instnnt and have now received your letters Nos. 516 to 622, dated 17th May, 192$, which will be replied to next mail. MELBOURUE HARBOR TRUST. B.L. Referring to our letter No, 591 of the 13th instant, we cabled[...]er to issue stock, but would accept the price of 96 offered by R. Nivison & 0o, pany for a debenture loan. We note from your cable of the 16th instant that the Trust's suggestion to omit from the prospectus reference to purchase of securities on the London market would not be acceptable, and after further reproSentation by us the Trust r to the[...]"-3 Sinking Fund clause as outlined in your cable No 5620 this advice was passed on to you on Ufte 18th instant and we have now received your cable advising that the loan will be advertised[...]n two day's time. Yours faithfully ,[...] |
| [...]64[...]Theo(Oric: .LIQTLY.Lita i Atifetrin6 to Circulr .,:lomorandamNo. 4 It i noted Litat.thc; above ai:fiQer . or youk otrie cveuttainQti or are uvtAt to attain tile a6e (5Q yers. The. queztiou zi‘a to hotter 44:offioeguro to remii i t.no -Ilervvo of.the LL4flL• 41 if uol,[...]or the 3oaU's deiI)ion ealao4.Li ue 6:1.4L) iitore your reoamucrulatio in .;:ac,7ad . to each offloer ounoome. YOur rqkk..4 y bti ou conaWer it ULi.ude o[...]inuc t of the olficer na, iLiuch ovent lon6t4 tiaw lox' yo recortnek;6. 'Ountinuance. ,41en furaardin your recumnonuatiJn you aubmit any represuntutionz :41.04 t4e offiur afft;-teu. m4y aeire to mizo on the matter. 0,4 |
| [...]02 e 1928 Ttrzyt NO. 597. atrwilmonua[...]last on the 20th instant, and have nol since reoeived any letters from you. BAr's ItICOME TAX YOUR NO. 520 / oopy of your letter to the Inspector of Taxes of 12th ultimo is to hand with thanks, and your advice° are not NOTE PRINTING BR TCL STORES = FLANNELETTE ,. BL We note from your cable of the 9th instant that yo were unable to tram) the firm of sere. Pranklins Limited mentioned ta our letter No. 487. tn this connect[...]er of the Note Printing Branch advises that your office had settled for two previous shipments from this firm, one in November la[...]mention this fact so t1 you may, if considered advisable, call for tenders from thie firm when future supplies are being obtained.
|
| [...]I.. BANKING CORPO We note from your No. 521 that a supply of specimen signature lists of the above Bank has been forwarded us und[...]copies of circular issued by this Agent has been received and our branches who cash drawings under their Letters of Credit have been suitably advised, BANCO DE SAO PAULO[...]with the Issue of Drafts by the above Bank, and are suitably advising Canberra Branch. LQNDQhJUNps AND FINANCES ' Statements forwarded with your No 522 are to band • and we thank you for your advices under the above heading We desire to draw your attention to the fact that we recently received from you two cables nuWbered 650, and a similar happening occurred with your cables of the 21st instant (No. 682). Please draw the attention of the officer responsible to the discrepancies. UBLICATIONS FORGERIES OF NOT BL Referring to our No. 5760 we enclose herewith duly completed form of subscription to the publication "Oontre- facons et Falsifications." |
| [...]blishers in Bi.ussels pointing out that we have already received the binder for the 1928 issue and that the special bulletins are being received by us regularly. Theform s to be taken as a request for annual renewal from 129 onward, and you might make arrangements for the subscription, at present 100 belgas per annum, to be paid through your Office each year. We would also like to have the 1906 and 1927 collections if copies are still available, Please draw on this Offi[...]Pratt in this connection. Yours faithfully[...] |
| [...], da. No. 7 Referring to your teiegrum of to-day, ,. pivi.,on & Coy only reason ror assuming Bri:--Apane City Council Loan would be guaranteed was that New York ills were ,.io guaranteed. They have never sugge;Aed Go[...]W:w York sitht rate on London 4.83 1/16 Montreal n n n n 4.89 1/16 France T.T. " " "[...]Czecho-Slovakia IT n n 165 G e rra any ( ri ei chmariic..,-;[...]ta II ?I It I_ ,/ 5 57 / 64 r[...]" " n . 1/10.74 Dated 21 6 .8. No. 66. ubj et to your approval we establish a Documentars Credit in favor of Amonius Viseher & Coy. in exactly similar terms to our Credit No. 1Q5 to the extent of £100v,o available 31-gt December. Record a our L/C o.14O. Red Clause full extent. nited erring to our lct,, r of p5th April No. 4D0, that 17; the position? New York sightrate on London i 4.87.15/ 16. • |
| [...].v61 g 22nd June 1928. Ni 0598 • The Manager, LONDON. Dear Sir, JIEIr3ouRNi HARBOR TRUST LOAN OF 000 000 We received your cable of the 19th instant etting out the[...]l be payable, and the denominations of debentures required, and this information has been passed on to[...]k • arrange the flotation is enclosed herewith. BRISBANE CITY COUNCIL / 3e note from your cable No.660 that it is not likely that the Counctl t s reposed loan will be completed before the second week in July and we now await .your further advices as to the probable terms. As[...]As indicated to you by cable, in view of the fact that . Government,Guarantee has n[...]with London issues by other Municipal bodies we prefer that the matter should riot be raised in c[...]ith the Brisbane City Council issue. As previously advised we could |
| [...]T?R 5'RV'T C reby autor • s e the C 11-[...]arrange a loan in London for the amount of 6,2,?? nino,ono of which. the sum of 0764,081 is renuired for redemption of th::: balance of loans maturinF in Melbourne on let July, 192E, and the balance for[...]Thr.,3 loan will be secured- by debentures j7c:ue,(.1 under the rwthorit of the "Mellourne harbor Trust Act 26g7 se amended 1o7 Melbourne Harbor Trust Acts ",,1-29 and 496. r ;j r (71,(77' ,1., nf the M.-ELBOURNE HARBOR T RUST CñIlI3SIOiLLRS was. here unto affixed this 20th. day of June, 1028 in the rrescnnT 0 100 G. F. Holden[...]•••••••• ***** • • • ....SECRETRY. |
| [...]NO':;11 atom,1. ,to nr cab e tIo.6 .2 of th rd u (a the Board[...]3:Jolzid be glad if you amid secure a good nhotogranh of a La ' bmt (Guch as is found[...]. o Prince or 00 recentphotominph of rl.r. the Kin,: the latte[...]looking right. The direottl., artistt notnt of view and )14[...] |
| [...]26 h June. SITE ITO SOU. 'Orvietc The l'a[...]last on the 2nd Ins tart s and have nov, received your letters ilos. 3 to 529 inclusive, dated 24t; May 10‘;U YOUR 57 UNT.1 7. dui t, — Your Uo. Your advices are noted and vie hail be lad to hear from you further as to the result o the sale f tile re bales after the July auction sale. N:'41E Pr: INT[...]YC)U2 10. 324 view of the oireumstancos advised, Lae moat de b you with the above Company has. our on inns[...]advices ont a Ined r we appreciate you: its In connect ion the rewith. ,'1.11-1D3[...] |
| [...]S-La-39 perused with interest. TRALIAN[...]inc consignments of Australian Notes by stoamor were made beIween branches during the week endin[...]o Per Amount 41, 204.28 Uelbourne Sydney rmiston" .0770000 ft[...]Di A0 A 0I Further to our No. 597 in reply to :,"our IJo. 521 regard- in the above, we have now been requested by the Amercian Bxchange Irving Trus[...]e dollar drafts iisuod by the above Bank on our Canberra branch, up to a ikAt of 000 outstanding at any one time. We have agreed to this arrangement, and for your inform ation enclose copies of the correspondence. 144. / Rofer'ring to our cable and our reply o . 667 of 6/2U on the fruostion of 3avi Agencies on Steam° trading between Britain and Australia, we regret that up to the present it has not boon practicable to arrange for th[...]. Generally when one of the boats touch at Fremantle our T3ranh follows up the requirements of passengers whose business has been[...] |
| [...]V.} LT by the Furs of the Map. Our Lge was perplexed that no bu iness was offering w[...]with emigrants to Australia. Vihilst we rely on the best o 'forts at London and 3trand to :T[...]introducti of Agencies on the Ships, should a favour(ble opportunity arise,[...] |
| [...]HAM; IR ING TRUST CO Foreign Office Woolworth Bu[...]rra, Australia. Dear Sirs We hrve been requested by our correspondents, the Banco de Z,ao Paulo, Rua de Sao Ben[...]authorise you to honor their drafts up to the aggregate amount of :'10 000 - outstanding at any one time on the strength of their own advices and without awaiting our Confirmations. In reim- bursement of such payments as you may have occ[...]of 3 10000 indicated above will he automatically re-established upon receipt by you of our confirmatory advices. We are informed by our friends that they have sent direct to you specimens of their drafts and letters of credit as well as the list of their authorised signatures. It is our understanding that drafts issued by them under th[...]wise instructed by us. we rmain. Assuring you of our appreciation of your kind co op ration, Yours very truly, (Ssd[...]Assistant Secretary. |
| [...]26th 'Tune, 1928. • The Vice President, American Exchange Irving Trust Co.[...]BANCO DE SAO PAULO. Referring to your letter of the 17th ultimo, addressed to our Canberra Branch, we shell be pleased to place pt[...]that these arrangements will prove useful to your Corre ondents. Yours f-ithfully,[...]Secretary. |
| [...]6 (9-0 D No. 862. Renew Note Issue Dept British Treasury Bill 4:760 000- maturing during July . 'ed 22 6 28. No. •63. Referring to your telegram of 21st June Credit approved, Referrim; to your telegram of the 21st Juno No. 662, your application for advance Waishe for £650- is approved. Monthly payment from funding of loan £31101-. Please expedite a reply to our telegram of 16th June concerning gold freight es if favorable we hope to ship about 25th June. Beferrinz to our telegrnm of 14th June, Melbourne Harbour Trust, authorising letter dated 20th June. Dat ZiLais. No, 864. Referring to your telegram of 22nd June No. 6650 presume boat referred to is "Ferndale which leaves Melbourne about 27th June. "Largs Bay" does not sail[...]July. Shil ing by "Ferndle" £250,000 from Melbourne and 2750,000 from Fremantle. Please pay freight. We presume lipping Company will inform Australian representatives as necessary. • Dated 2 No. 8o5. Referring to our tele„ram of 6th June No* 8460 nargs Bay" rrived Fremantle 14th June no passenger deposits advise[...]- as. a T.T. to the debit of tbis Office. Redeive from The National Bank of Au tr lasia Ltd. the sum of E640000,the Commercial Bank of Austrnlia Ltd the vurn of i;220000, as T.T. for credit of this Office. 012 27th June receive from The Commercial Bank of Austvaia Ltd. the sum of r100,O00- as a T.T.for credit of this Office. • |
| [...]La-39 glg141_EigLILOpoN (No 663 DM t No. 6 r ties totallin6 £50 000 held on account of Note I s sue Dept. matured to-day. Head Office credited 4518/15/-0 representing difference between Face Value and oqt talance of proceeds credited to Note Issue Dept. SpeciLl A/c. We have to-day purchased for the Note Issue Dept., British Government Treourne Harbour Trust lists closed to-day. ApplicrAions fro. public total £444,400-0 Underwriters tnke £555,600. New York sight rate on London is 4 87.23/32 NO. 66). ictly confidential. Referring to your telegram of 16th June, if shipped by nargs Bay" 25th June freight would be 6/8% payclAc in London provi4ed strict rearm* main tained even Captain not to be informed in :ly is of rate. Telegraph us immediately, No. 666. Securities totalling £30,000 held on account of Note Issue Dept. matured to-day, Read Office credited 009/11/-, representing difference between Face Value and Co-t. Balance of proceeds credited to Note Issue Dept. Special Alc. We have to-day purchased for the Note Issue Dept. British Government Tresury Bills follows:- Face Value £30,000 Co[...], Rate of discount 31% p,a, 28. No. 667 telegram o. 885, Head Office Referring to your to debited =3,000 credited E66 000. New York sight rate on • London is 4.87.7/8. Referring to your telegram of 6th June, Company at present unfavorable but desire further experience of working of vessel. Dated OA/ Noa. 668. Secr t, Ref rr ng to your t 1 gram of 23rd June, if shipped by "Ferndale" rate will be 9/4 payable in London which covers freight andinsurance. As "Ferndale" still Goverment property until arrival here strictest secrecy necessary |
| [...]; BILL b.e. Az a matter „of information and record; we shall be obliged if you will orward to un a copy of the British A3ricu14 -al Credits BM. which Irmo recently passed through • i'arliszae t, col[...]127 have been advised by lelourno Office that you have arranged with Lr. Oorm[...]Company, and with tilc consent of the Dritish Trade Facilitlee ;oard, to 17,1vac't out of the uno:-poncyl balance of the Britinn Trade Fntilition Tloat.d loan the sun o r'10[...]to not the ompany 4. The anpany requested in Januarr 1at that we oot ff the credit balance in London v?ainst their debit balances -in atntralla for interest purpooes, but we were not prepared to d this and offered to invoot the itrada in London on. the ilar::ot, Vlore providod the VIritloh Trade 2rcilitios Bortro viers affrooab °Aar., ng co.niosion o. p.a. for our oorvicoo. o conl'irll the action you have taken, and only refer t tho matter now so that the &urgin uf tho comn ssion above referred to will not le overlooked. 171771.)7 B.L. nncorrti to your cable No. 652 of the llth in3tant,. relative to the prolnoculln claw° or.aril[...] |
| [...]La-39 SYDNEY, 16th June 1928. The Secretary, Department of the Treasury, Commonwealth of Australia,[...]with the above loan provides that the bonds are to be countersigned for authentication by the[...]nk of Australia has an Agency in New York we are in a position to carry out this servle', and[...]uld approve of the Bank acting accordingly in respect of any future Commonealth Government issue in America.[...]ate the bonds. Yours faithfully,[...] |
| [...]6(94 CABL7° F ND . rot. Referring to your telegram o, 26th June , fl0t7ith5tandin7 a firm arrangement made with Aberdeen and Commonwealth Line, Eva was agreeable to ship by "Ferndale,' but Larkin of Australian Commonwealth Line of Etemers definitely refuses allow shipment. Aberdeen line say they will0[...]by nLargs Bvyn 17th July. We have cabled Melbourne Office refer you before shipment . • D ted 26 No. 670 Weekly fiures. Referring to your telegram 866, Head Office debited £35,000.liew York si[...] |
| [...]3rd July, 1928. LETTER NO.992. Per Plioolta[...]e you last on the 27th ultimo, and have since received your letters Nos. 530 to 534 inclusive, dated 31st Nay, 1928. LONDON FUNDS AND FINANCES.4 We are obliged for the information contained in your 'o. 534. • Regarding the Union Bank of Australia Ltd. transact for £100,000 :referred to in our cable No. 841 of 25th May, the Union Bank in asking us to purchase this London cover requested in their letter that the transaction be co[...]rtained that date was a holiday in London and our .entries were, therefore, passed on the following day, which synchronises with the completion of the transaction at your end. On receipt a of our cable it would have been preferable had you immediately advised us by cable[...]on. AGENTS & COR-ESPONDENTS - SPECIMEN SIGNATURES ETC. YOUR NO. 530. We note your advices and will advise you on. receipt o |
| [...]K OF LOLA Atr TRALIA The specimen signatures referresi to in your No. 512 are to hand and have been forwarded to our ranchos con corned . MOTO ACC NCE CORPORATION - LE RAP} LC Referring your No. the alvropriatien suggested has already been made and wns advised to you in our No. 503 of the 22nd L:ay which you will have since rece voch lIgkag_AAERTs.'' LC We note the arrangements set out in your No, which has our attent4on. IMMIEgaALNEEINUINLIEKV BL For[...]ing conoiGnments of Australian Notes by steamer wore made between branches dur ng the wool': ending[...]1 rom To 27.6.28 Melbourne it[...]Townsville anberra" 62 000 *tours ally, Eaai[...] |
| [...]gageEL_Eagg_warlaa, 111.113. . 671* Rcferrin.g to your telegr3m No 865 Hcd Office credited Z1000()00. Re1errir,-, to you. .el gr-r No. 867, Head Office debited E19,00). Latest adv[...]sight rte on London 4.87 Montreal n it 4.88 F[...]Czech° -Slovakt,:u 0 tt 164.56 Germany (Reichm_rk T • T ft[...]0.- -t No, 72. Sugar 'z. Cubas B96.;'; 'Jolarisation 11/L nominal; Amorican Gmnulat-ed 14/9d; Canedian 6'ranull:ited 14/9d; Jcv Whites 12/3d; Java avc[...]inal, July delivery. We lu,ve to day credited Head Office with £31)/19/ representing interest A.lowed on Note Issue Dept."Special A/c." for the current ,uarter. Balc,nco of Note Issue Dept. "Spec131 /c.11 at clw:e of buiness to-Oc,y g:2:9 674/7/3. New York sight rate on Lon(Lon is 4087.11/16. a _04 23 1o. 473. Confidentil. H. Nivi,on Coy, would like Brisbaneto be ready for issue some dc7 next week. They sug:est £1,000,003 debentures at issue price not less than 95t currency 20/25 or 30 ye;,rs. Cable following i..[...]ling to State Government on similar lines to your letter of 4th August,19,6„ Na. 271. t is unimprove,J Cupitl Val[...]al value and rte bein3 levied this year, They desire Sinking Fund clause in Prospectus as follows:[...]7i.30 r(4_ (Brisbane) security on the London markets', but should these not be obtainable at or below - r end accrued interest money may be invested in other Austr[...] |
| [...]ivison & Coy. now sugge issue 5 stock with currency say 1950/60 instead of debentures Stamp Duty 1.;.; to be paiet by City on each[...]an at price not exceedins par and accrued interest. Could Sydncy City Council get power to issue stock.if so no Ion:,.; will it te-,k, S o. 675 Referrin to your telegram of 28t1 June, shipmtmt definitely frranced Largs Bay freit'.ht 6/ - insurance against all risks 3/.-. a.1-1: of nd agreour telegram No. 8470 Read Office credited E125,000-. Latest Landon m rket ,Jxotations (after deducting accrued interest) of thefollowing securities are set out hereunder:- Commomve:Ath Governmen 5/0[...]1). New South 'ales 5% 1945/65 £97. 15,- Victorian[...]0,- Queensland 5% 1940/60 E98. 5;- &outh LustrLli,n 5[...]y Trust 514% 1944/54 5;98. Melbourne Tramways Board 5 1944 1[...]1949 New Zealnd Government 51 1946 £103 south African 5;- 1945/75 £1020 77. Weekly figures. Do • No. 678 Referring to your letter of 22nd Ma £1,170,000 British Treasury Bills taken over froA He:d Office to-day enci Head Office credited £1,168,585.3.4. beaurities totalling • £260,000 held on vccount of Note Issue Det. matured to-day. Head Office credited i20600-, representing difference between Face Value an cost. Al of Proceeds credited to Note Issue Dept. Special A/c, We h[...]or the Note Issue Dept. 'aritisth Government Treasury Bills as follows:- Face Value E260,0000 Cost Z2570493/2/2, Maturity date 2nd October, Rate of Discount £3.16.0 p.a. on £233,00' 3 on £30,003. New Yor[...] |
| [...]he debit of this Office. 4ake , 7/6/482 No. 868 Melbourn Harbour 2rust loan r ain 215 979:17: mee t, intAtrest„ etc. Credit. Melbourne in accounr, undor :elegraphic advico balanc[...]s no, Istss than £10,000 No. 8 9 ecret. Referring to your cable of 26th June, No. 669, ship-man, by IfFerndaln cancllad. We propose arran4 n ship by qargs Day" laaving Malboura9 abouc; 18',h July 250,000 sovereigns from Melbourne and 750p vvoraigns from Per,h. incid.antal[...]lia about 4d. per cans. accop, ra,e 9/4 freight; and Lnsuranco all risks. Please a[...] |
| [...]603 3rd July, 1928. 6c3. The ivianager, LONDON. De r forianr0 herewith three skeleton[...]'31 oots for Half Year anded 30th June, 1928. In view of alterntions in the as of the Ha ,1[...]has been necessary to vary the list covering our usual cable advice of figures. ariended schedule is attached, and thefigures will be eabl)d in terms thereof until further advised. As thora arc no entries at present under heeding "(25) Advances by Troasurer under dousing :Lc ", tho heading has[...] |
| [...]OF 000 We duly received your cable of 22nd ultimo advising that applicatio[...]the balance being left with the underwriters. Regarding the disposal of the loan proceeds we cabled you on 27th ultimo requesting you to retain £15,979/17/- to meet interest, etc. and to credit Nelbourne Office in account under telegraphic advice[...]nts not less than R10,000, Melbourne Manger advised yesterday that the Trust proposed to attach to the debentures a coupon for interest payable on let January next, and in this connection we replied as follows:- "Regarding the issue of scrip coupons, this is quite[...]practice in London, and possibly the scrip ham already been issued, but should the Trust specially wish to attLich to the debentures coupons for interest due on 1st Junuary next, it will be[...]for London Manager to detach them before issue to the public". We have requested Melbourne 14anager to arrange for the debentures to be prepared and despatched to you as ev,r1y possible. cAn c j0 Referring to our letter No. 598 of 22nd ultimo re duly received your c ble of 26th ultimo to the effect that R. Nivi eon & Go.[...]uncil at a price not less than 950, with a currency of 20/25 or 30 years . These advices together 'with the amended offer contained in your cable of 29th ultimo have been passed[...] |
| [...]4.11.4 -2- Regarding the sinking fund clause set out in your cable No. 674 of 29th ultimo we presume this was intended to re, d as follows: "An annual cumulAive sinking[...]a price not exceeding par and accrued interest, but should securi- ties of this loan no[...]other Australian securities on the London Market". The information required for the prospectus as detailed in your cable of 28th ultimo has been obtained and was cabled to you to-day. Referring to our letter No. 579 of 8th May L.,st we are enclosing two copies of amended financial'statist[...]y the Council through Brisbane Manager. The City Treasurer informs us that the figures previously furnished were prepared from provisional statements, but the figures now supplied are taken from the audited financial statement[...] |
| [...]CITY REASURM t 2Eith June 1928. BRISBANE COUNCIL[...]tion 1.06,6,A Trantwa,is Department[...]1,268,763 803,067 Nlectricity 3upply Department 174,648 Water Supply and ciewerage Department q6[...]Less Sinking Funds 75,4(6 2,115,534 l'Ieetricity Depa[...]"428 5. ASSEri (6xcluding Cu, itali ed Interest): 4enerta1 dminis trat i on 3,643,949 Trazways Department[...]Supply Department 62o,46 ter upp1y and Seweraqe epr •[...]£13,603,508 Gener1 Administration 6,191 175 Trumw-ys Dep,rtent[...]£16 694,940 |
| [...]61)6 RM. 13th uly, 1928. LETTER NO. 606. Per "Ventura." The Manager[...]e wrote you last on 3rd instant, and have now received your letters Nos. 535 to 540 inclusive, dated lst and 7th June, 1928. • HONGKONG 45c SHANGHAI BANKING CORPN. ER The specimen signature lists mentioned in your No. 521 are now to hand and will be distributed amongst our Branches. SPECINENs GNATURE BOOKS. #' ER. A revised copy of the above book has now been issued and for use at your Office we enclose herewith 6 copies of same. Messrs. John Sands Ltd. have been instructed to ship a further 3,000 copies to you, and we shall be glad if you will distribute them to our Agents and Correspondents n the usual manner.[...] |
| [...]6.0o6k which was scheduled to leaveh e on the 11[...]ENT. A.I,F. S0LDIERS1 ACCOUNTS. Referring to your No. 531 dated 31/5/28, we have made the adjustments to the list advised by you, the total of which agrees with the amount remitted viz. 031.5.10. We note you will destroy[...]LTD. '/ Advtg. We enclose copy of letter received from Moody's Investors Service Ltd. We do not require a copy of the 1928 Manual, but draw your attention to the proof, from which it is apparent that Moody's would be better advised to obt[...]from • you than from their New York Correspondent. Will you kindly draw their attention to the errors and mis-statements. WOOL REVIEW; LO. We are forwarding herewith a copy of Winehcombe Carson Ltd. 39th Annual Wool Review; the statistics and information therein will doubtless prove of interest and value to you. APPROVED ADVANCE - DOWNER DR. ANA. We have been advised by Melbourne Office that they have cabled you increasing the limit in favour of Dr. E.G. Downer |
| [...]to £1,75Q- against securities held at elbourne on ace ount of G.H. Downer, which has our approval. CITY OF LAUNCESTON LOAN 00,000 5s We thank you for the statements of Receipts and LC Disbursements etc. forwarded with your No. 535. INSURANCE ON AUSTRALIAN NOTE Your No. 536. ,/ LC As assumed by you we prefer to effect the insurance through local Companies, provided we can get suitable terms which compare favorably with the quotations from your end. We will, however, advise you should we at any time contemplate getting fresh oversea quotations. DOCUMENTARY WOOL CREDITS - HENRY' CAULLIEZ. • LC. The requisition enclosed in your No. 536 has been filed with our records. YOUR CREDIT NOTE TO MARYBOROUGH N. 161 - 17/11/27 - Your No. 538. LC. Your adviees have been noted, and Maryborough advi[...]FUNDS & FINANCES. The information furnished in your No. 540 has been read with interest. • Yours faithfully,[...] |
| [...]30th May1 1928. The Secretary, Commonwealth Bank of Australia[...]We beg to announce the publication for 1928 of Moody Manual of Bank & Finance comnanies.[...]Investors Service of New York, is devoted entirely to the presentation of facts and statistics regarding: Banks Inves[...]er British • companies, as well as the more promiiient Continental undertakings of this description. With respect to each company there is provided a record of profits, comparative balance sheets, complete description of the capital issues, dividend records, price range of shares (when quoted), names of directors, etc. The style of the presentation is the same as that contained in the oth[...]We enclose with this letter the statement of your bank prepared by our New York correspondent for this book. To each subsc[...]ents contain new balance sheet and profit figures, dividend changes, record of new issues, and all news of importance[...]of each of the Moody publications. Further details of this book or any other of Moody's Man Is, will he supplied on request. Yours faithfully, MOO[...] |
| [...]S-La-39 CAL,I.L6 FROM 0' No. 67 kly ,u New York sig ht rate on London is 4.87.13/32. Da :.d o. 680. Referrir g to your telegram No. 872 Head 0fice credited E1001000 Latest advices (luote: New York sight rate on London 4 87,7/16 MontreLl n ft le n 4.881[...]Czen o-Clovakia " ft It 164.7/16 Germany(Reichmark ) n li, n 20.42 F[...]if l't i/11 Pa 94 4/7/,2$, No, 681. Brisbane City Council Loan underwriting to-mor[...]nstalments due 5% on application, £20/10/ - 16th July, £35- 29th August, £35 - 9th October, interest payable 1st March and 1st September, first interest payment 1st March next year. Sinking fund claus[...]will be paid to the Trustees of the City Debt Redemption fund and applied to the purchase of this loan at or below part and accrued interest, but if not obtainable at that price the money[...]of other Australian securities on the London Market.n pv,t d ho. .11f-year1y returns despatched nUold.,v .01 to, New York sig[...]advise us in a few days 'deferring to your telegram No. 875 Head Office debited 039, 00O credited £14,000. Rer3rring to our letter of 18th Novnbr :o. 352, LI Dona[...]ondon is 4.87-1/8. • PINIaiLl No. 684 OS* No. 685, Confidential. Am in touch with J. R. Colli[...]R. Collins advises Government have yet to cable ;:reeing |
| [...]606 cABLgp To 141XDON. No. 870. Referring to your telegram of 29th June, Brisbane City Council accepts offer £1,000,000 5% stock at 95i currency 1950/60 please advise when issue will be mdes Referring to your telegram of 28th June Authorising Act Wo. 32 of 1[...]. Unimproved capital value general lands £21,675,000, rural lands £585,000, total £22,260,000, annual value not assessed. Rates thi[...]al lands, 7id. on rural lands. Annual rate £966,562. Referring to our letter of 8th May No. 579, statistics furnished year ended 31st December 1927 should be amended read as follows:- Total revenue £2,7820 252, expenditure 1E2,924,364, net loan indebtedness £14,9360228; assets £13,603,508, liabilities £16,694,940. DatAd-4=1, No. 871. We regret that awing to a misunderstanding Mayor of Brisbane made premature announcement regarding issue of London loan. We trust that this will not prejudice flotation. Letter authorising issue dat[...]m to be paid to the Trustees of the City Debt Redemption Fund to be invested and applied to the[...]t procurable at or below par plus accrued interest then (b) of other Australian securities on the London market. LoalgsLALLZIA. No, 872. Receive from Bank of Adelaide the sum of £100,000 as a T.T. for credit of this Office. DAtad 6/7/24? No. 873. Brisbane City Council Loan Ord[...]DigiSa-21.11.A.A. 4 2 No. 874. Referring to your telegram of 29th June, Sydney City Council Commissioners cannot definitely state at present but consider might possibly arrange Gover[...]Bank of New South Wales the sum of £26,000 The National Bank of A/[...] |
| [...]13th July, 1928. COflFIETLL. LiTER NO. 607. • The :Manager, LONDO N.[...]C.A.B. CAMPION./ The further payment or Z600- advised in your No. 537 to Mr. Campion has been recorded by us. • Yours faithfully,[...] |
| [...]6oq, 13th :ray, 1928. LETTERL1911211. Per 'Ventu[...]as in New York he paid a visit to the Federal Reserve Bank and saw there some Note Counting Machines which might be of interest to us. We accordingly communicated with the Federal Bill Counter Company, 621 H Street, Northwest, Washington, D.C., who we understand are the manufacturers, asking for cataloguds and descriptive literature and any other information that might be considered of interest. In reply we were advised that no catalogue or descriptive literature was available. We have, however, now received from the Company, a letter advising that th[...]e Bank of England, the Bank of France and the Reichsbank. Copy of the Company's letter in this |
| [...]608 .4/ IrT10 Aores artment ninder reet k3yclney o Australia. 1-1 title y 0 your,. of _ .4>r . The writer h47. lofst returned from .:4;urope h c we d ours rchinas th'f.3 13:.rnk and to ort[...]t their, 5, 10 and I 0 Fr%nc not in the Reie Berlin to sort and count their 10 ci,nd 20[...]We. would suggett 4e next your re-- vntative. 8•:114'tlic of[...]240 .dircdt. If his decib'on is favourable iv e us the dimen8ions or your Lotc.- y aw riturly mac;Ancf3 you roulu He should also nole carefully the operatin the 114:Leh:Ines so he could instruct your own operv.tors how to use your,machinci4 when they arrlve. '„e could not, of coure, afford to send our ongi • eer all the Sydney as y,,.tu must aprcicite the expenoe the tip- required wo p t Le prohibitivc.[...] |
| [...]3 h. July, 192 8 * LETTER NO. 609. Per "Ventura." The Manager, LON DO[...]ote you to-day. BALANCE SHEET. Ath reference to the skeleton balance sheet recently forwarded you, it has now been decided by the Board to make slight amendments therein, ankfurther skeleton copy goes for and by this mail with[...]ith the printing in antic .tion of the cabled figures for inclusion. It haa also been d[...]blished with the half-yearly balance sheet in future. In this instance, you need not hold up the pr[...]he balance sheet And if it i decided to can e the report for publication with the balance seet printed at yOur end, a separate sheet could e gummed in. |
| [...]CITY COUTICIL OPU OF Z110 0,000. We are enclosing for your files original letter from the Councildat oun[...]flotation of the loan, also Gazetted copy of the relative Order-in-Couacil. As advised in our cable No, 871 of 4th, instant, the Mayor of Brisbane, through a misunders anding, made a premature announcement regarding the loan before advice of underwriting was received. We have pointed out to the Mayor the inadvis- ability of such premature disclosures owing to the risk of pre Judi. ing flotation. We duly received your cable of 10th instant, advising that public subsc[...]amount to £104 400. 'Yours faithfullyr[...] |
| [...]2nd July 1928.[...]Referring to your letters of 29th ultimo and 2nd Instant, relative to the proposed issue of a loan of £1,000,[...]I have to inform you that the proposal was considered thi3 af[...]ollowing resolutions were passed in that connection :-[...]'That application be made through the Home Secretary to[...]approval of the Trusees of the City Debt Redemotion Fund,[...]Rate of interest 5% per annum. Currency - 32 years. The Council to have the right tri 0 of redemption at the expiration of 22 years.[...]i Debt Redemption Fund, to be invested in and applied[...]not procurable at or below par plus accruedinterest, 0 a) -.4[...]ei) market. r) Ti m Taxation - The princinal and intere t of the loan to a) an-4 0 0 f-->4çt1[...]4 7-)ast present or future." 4-4 04 (i) 0[...]"That the Trustees of the City Debt Redemption Fund be I—I 0 Ct 4-3 CZ) ttO requested to invest and apply the annual cumulative[...]London market for water supply and sewerage purposes,only[...]of other Australian Securities on the London market." Yours faithfully,[...] |
| [...]6 [1] Qurenstatal trinment s azdtt[...]BY AUTHORITY. [17),,.-Tistered at the General Post Office, Brisbane, for Transm[...]TUESDAY, 3RD JULY, 1928.[...]f the City July, 1928. Debt Redemption Fund within one year from the date of iss[...]scribed stock. Present : And the Honourable the Home Secretary is to give the The Lieutenant-Governor, acting as Deputy for and on behalf necessary directions herein accordingly. of His Excellency[...]G. W. WATSON, Clerk of the Council. HEREAS by "The City of Brisbane Act of 1924" and by an Order in Council dated 28th March, 1928, and made under the provisions of that Act,[...]tropolitan Home Secretary's Department, Water Supply and Sewerage[...]Brisbane, 3rd July, 1928. mentioned Order in Council, it is am[...]those Acts or any other Act the the following Regulations made by the Acting Commissioner of Council is authorised or empowered to establish, construct, Public Health. maintain, manage, or work: And whereas the Brisbane City[...]permission to borrow the sum of One Regulation 47 (6), Regulation 47 (9), and Regulation 47 Million Pounds (£1,000,000) by t[...]nds and/or (13) of " The Food and Drug Regulations, 1928," are hereby inscribed stock, for the purposes hereinafter mentioned: Now, repealed, and the following Regulations substituted in lieu therefore, the Lieutenant-Governor acting as Deputy for and thereof :- '[...]im by the said Acts, doth order as 47. (6) Jam or conserve is the product obtained by boili[...]That the Brisbane 'City Council shall be and is hereby in the case of apple jam), nor any other ad[...]n £95 10s. per centum. Provided further that the addition of permitted colouring matter 2. That the currency of such bonds and/or inscribed stock to ra[...]shall not exceed forty years, and the rate of interest shall not deemed to be a contravention of this Regulation. exceed six per centum per annum.[...]d/or inscribed stock 47. (9) Mixed jams are the product obtained by boiling shall be app[...]two or more varieties of sound fruits with sugar. Mixed jam[...]foreign substance: Provided that the proportion of add[...]t with the lender' that the principal and interest of the loan shall be payable without[...]S. deduction for any Australian taxes, past, present, or future. 47.. (13) Any person who manufactures for sale, sells, or 5. That the payment of the principal and interest shall be exposes for sale any jam, jelly, conserve, or preserved fruit in charged on the rates and revenues of the City howsoever arising. tins cont[...]n one pound net weight, or any multiple 6. That towards the redemption of the principal sum of thereof (e.g., 1 lb., 2 lb., 3 lb., &c.), shall be guil[...]offence. each and every year during the currency of the said bonds and/or inscribed stock, pay out of the rates and revenues of the City to the Trustees of the City Debt Redemption Fund a Printed and Publis[...] |
| [...]16th July 1928. CONFIDENTI AL LETTER No.611 Per "Karmala" The Manager,[...]Dear Sir, STAFF - Re C.A.B. CAMPION. For your information I enclose herewith copy of a letter addressed to the above in reference to his retiring allowance. I also enclose two copies of a proposed agreement between the Bank and Mr. Campion and a form of receipt in respect to Of Superannuation Fund. If Mr. Campion expresses his desire to accept the conditions offered, and completes the agreement and receipt form, you are authorised to sign the agreement on behalf of the Bank and to carry it in[...]ised payment of £2,000- to Mr. Campion, but are not clear whether that amount was actually paid o[...]latter amount only, you may pay Mr. Campion a further £600- so that the payment up to 31st May, 1928, shall be • brought to 182,000- as set out in the agreement. Yours faithfully,[...]Governor. P.S. The amount of £596.6.9d refund of O.S.F. contributions to be retained by the Bank should be credited to Expenditure A/c |
| [...]13th July, 1928. CONFIDENTIU. C.A.B. Campion, Esq., 11 Queen Victoria Street, LONDON. E.C.4. Dear Sir, Referring to your letter of 12/10/27 and my reply to you of 16/1 /28, I now have to advise you of the decision of the Bank Board in response to the requests and case sub- mitted by you.[...]tion scheme which came into force on 1st July, 1926, and subsequent to your retirement from the Bank which took place on 31/5/26. This, therefore, presented a somewhat difficult position for any variation of the agreement entered into between yourself and the Bank in respect of your retirement. • Your long association with this Institution will enable you to realise that this Board has not the freedom of action in the same way that the Board[...]The Board, however, feels that in dealing with your case and having regard to your service with the Institution that it is justi[...]nder all the circumstances. In this regard the Board was largely influenced by your assurance that you understood from some statement[...]h scheme in lieu of the settlement actually agreed upon. • After careful consideration therefore, and with a desire to do the utmost justice to you arising out of the situation the Board has decided to submit for your acceptance the following offer, viz:- |
| [...]S-La-39 "That the agreement between the Bank and yourself "covering the settlement of £5,000- to be paid in "5 yearly equal instalments as a retiring allowance "be cancelled, and substituted therefor a pension "at the rate of £1,000- p.a. during your lifetime - "payable at such periods as may suit the convenience "of both parties and further that the amount repayable "to you under the Old superannuation scheme (amounting "to L9kL6122) be retained by the Bank." If you are prepared to accept these terms, I am to ask you to sign a new agreement which I am forwarding to our London Office for this purpose, and your concurrence and compliance with this will enable our London Manager, Mr. Scott to sign the new agreement on behalf of the Bank. Authority for suc[...]trusts that this decision will be one of entire satisfaction to yourself and that harmonious relationship may in the future exist between the Board and yourself. Yours faithfully,[...] |
| [...]17 ulY 928. LONER NO. 612. Per "Karmala." The .'Lanager[...]you last on 13th instant, and have not since received any letters from you. • ?UiLICAT FORGERIES NOTE3. BL. Referring to our No. 5970 we should be glad if you would arrai[...]ishers in Brussels for the General Manager of our Note Printing Branch in Lelbourne to be register- ed as a sub criber to their publication "Contrefacons and Falsifications" from the beginning of 1928. Th Gnrinl-po nager would also like to have the 1926 and 1927 collections If copies are available. Please draw on' t[...]in • this connection and for the annual renewals of subscriptions. |
| [...]CABLES F70L LONDON. Dated 13/7/28. No. 689. Securities totalling £100,000 held on account of Note Issue Department matured to-day. Head Office credited -010 000 representing difference between Face Value and cost. Balance of proceeds credited to Note Issue Department Special Account[...]the Note Issue Department British Government Treasury Bills as follows:- •[...]Cost..........••.... 99,066.13.4 Maturity date 13th Octob[...]4.7% p.a. New York sight rate on London is 4.86 1/1C. Dated 14/7 28. No. 690. Latest London market quotations (after deducting accrued Interest) of the following securities are set Alt hereunder: Commonwealth Government 5[...]N.S.W. Government 5,4; 1945/65 £97 10 Victorian Government[...]queenslnnd Government 5 1940/60 £98 5 • S.A. Government[...]y Tot. 5 1944/54 £37 L,) Melbourne Tramways Bd 5;,, 1944 £93 10[...]15 New Zealand Govt. 51:; 1946 £103 - South African Gov[...] |
| [...]o. 79. 1,-.1ea...,e arrange credit Lrisbano ranch under teleraphic advi[...]Z10,000 also with any other moneys at credit, Council's account your ,'„if ice. ated 13 No. 880. confidential. • retts1 No. 881. Staff - Confidential. Dated 16/7/p8. No. 882. Board has resolved that proceeds of shipment of £10 000000 sovereigns "Largs Bay" shall be invested as follows: - 504 in short call or Treasury Bills and balance in British and Commonlhealth securities nit exceeding 5 years currency. re desire up to tf-'500 000 if possible to be invested in C[...]Note Issue Department when proceeds gold received. • |
| [...]24th July, 1928. LETTER NO. 613. • Per "Ormonde. The Manage[...]wrote you last on 17th instant, and have now received your letters Nos. 541 to 544 dated 14th June. 1928. • LONDON FUNDS & FINANCES. The advises contained In your No. 554 have been perused with interest. GOLD STANDARD ACT p25.[...]urNo.54_ia We thank you for your advices, and note that you • have written N[...]s connection. We shall be pleased to have your further comments when a reply has been received. |
| [...]6/3, BANK OF ITALY NATIONAL TRU T & SAVINGS[...]► ER For your information we desire to advise that at the request of the above Bank we have agreed to our Branches as as paying Agents for their Travellers' Cheques. joimuLgTomm. CJF NEw YORK - Your No. 542. ER • New York Agency have written us re rd this matter and we have decided to add the name of this Agent to our List of Correspondents for the encashment of drawings under Circular Letters of Credit at Mexico City and Paris. Please forward the necessary specimens to these centres. BANO0 119, — ER We thank you or the advices in your No. 542 to the effect that the Foreign Central Management of the above Institution has been transferred from Ilan to Rome. FINLANDS Bitdi Your No. 542. ER The specimen signature lists forwarded by you have been distributed amongst our Capital Branches and those at Rabaul, Fremantle, Newcastle and Port Adelaide. B ANK DOMfilION COLONIAL & OVERSEAS - Your No. 542. ER We have communicated with Hobart Branch as necessary, and we trust there will not be a recurrence of the matter. PUBLIOAT ON - "JOB[...] |
| [...]63 Digest Year Book" to forward a copy of the Book direct to you. Cost has been defrayed at this end. GOLD SHIPMENT OF 1 000 000 SOVEREIGNS PER "LARGS BAY." BL We advised you by cable on the 16th instant, that the Board has decided that proceeds of the 1,000 000 sovereigns being shipped by the *Lams Bay" shall be[...]ows:- 50% at short call or in Treasury Bins. 50 in British and C[...]securities not exceeding 5 years currency. With regard to the latter amount, as advised by cable,[...]nvested by you in the Commonwealth Government 6% loan maturing 1931/41 and the • remaining £250,000 or more is to he invested at your discretion in British Government securities with currency not exceeding 5 years. We requested you to commence purchases at once out of your own funds, transfer to the Note Issue Department to be effected when proceeds of the gold are received. The transfer to the Note Issue Departm[...]rities to the General Banking Department plus interest at 5% p.a. for the period during which the securities are held by that Department.[...] |
| [...]BALANCE SHEET. • LC We halo advised our New York Agent that he may advertie the Balan[...]we shall be glad if you will• mail the figures to New York immediately on receipt of our relative cable, at the same time advising the Agent the date Balance Sheet is to be released. lAHL___a_ATHEN5. ER We attach hereto copy of a letter received from the above Agent. From our reading of this letter we take it that • same will not have any bearing on our existing ::eney Arrange- ments as, of course, telegraphic transfers will always have a fixed number and it appears that drafts and drawings under our Circular Letters of Credit, are excluded, in terms of Para. CO How[...]ter, together with the Specimens mentioned therein, has been forwarded to each of our Capital Branches we shall be glad if you will[...]IWIL,-;k2E-2E11,4090 000 i • BL With reference to the sinking fund payments to be made in connection with the above loan, we are enclosing copy of a letter addressed to Brisbane Marlager by the Trustees of the |
| [...]6/3 City Debt Redemption Fund setting out the Truatee& Resolution to apply sinking fund moneys in terms[...]irst stock issue by the Council in London we are arranging for London Manager and Accountant for the time being to be appointed as Registrar and Deputy Registrar. • Copy of regulation regarding City of Brisbane Stook were forwarded to you with our letter of 8th February, 1927, No. 396. Please advise us if any alterations are necessary to meet London requirements. We are negotiating with the Council regarding the management fee to be charged in connection with London issues and you will be further advieed in this connection in due course We presume that a charge at the rate of £150- per million will • be sufficient to cover expenses and:return us a reasonable profit and should be glad of your advioeso EESTI VAN. ,/ ER We enclose herewith copy of letter received from the Talaan Office of the above 'tent. No doubt the matter has already been referred to you and you have replied in suitable terms. Your advices in this connection will be appreciated. We desire, of course, that any charges made by the Nesti Rank for effecting payment of our TiTS.should be botne by the payee. Yours[...] |
| [...]w beg to inform you that **cording to the measures or eecurit adote' by the Internetional i714[...]n itrin in ectober 1a27, '0 hove deoide4 that our sod Office find 4Aenoles shall tete, from the• Let of June of the present year. Vle following ...surest ;').11 orders by letter, for payment, for traaster (clearance). pimple eredits, notifies of transfer or PnYm4nt, *n account of or in fsvour of priest. inflividuals (41re4t payment or to be med• by he intermediary[...]eecievted or executed when the said orders. *relit , , end notioes have on them 3 reference number established with %he help of the li[...]Xeichamark 100 000 Lire. 6.000 Dollars lb,C00[...]loty* 140.000 ?ranee Ailia 160000 OrOwng Swedish 16000 Crowns Danish 26,000 PrInos twisa 00* keee[...]Crowns Czecb. 000 ?ranee rem Any other eurreney ehouI loulets4 t. eçutvlimt at 4ollars. It in quite untteratool that here limits for *soh eurr n will be Aprlicable to all the orlore drawn up in this currency, from whetever ctountry they may oom., And[...]*bow. oonditiona do not App y to letters of credit of eh notice Ilse been given or circular letters, to creitte nod against doollments, or to *he[...]m changed. b) private Individual° we herein understand any person isity Or corp[...]ministration, consequently, orders in our of ben*. es well os those in fevour of public dministraLions ore aLono excluded from the above oond1t tou |
| [...]S-La-39 tayments re se s p*ysents. 2. All OrdOrs for poyment* trionsfer* simple credit* notice of transfer or par:sent* on account of or in favour of bents or privet, individuals wittout distinction Is Lo Ute qmount that our Head Office an4 Agencies 'Ill forward you from th[...]mills -roints'' of nich we forward you herewith spool ono • tU you 4. so good as not to carry out any orders I rom our fieg ffice or Agencies which * although bearing the authorised siTnatures* *re not drawn up , Iccor4ing to the *bolts conlition* which cancel ail preceding conlition* reacting to thin matter. -hould the ert[...]y cable th4 luttency cones's. 4 of the irregular notices received. ce, be you to acknowledge ree.ipt of this letter* by returning to u the oncloeel form, beer n your authorised sign,Itures. • |
| [...]613 EST NK -; Tallinn 8th June, 1928. Commonwealth Bank of Australia SYDNEY. Dear Sirs, By the present we beg to advise you that, according to our new Tariff, beginning from July 25th a.c. the und[...]f commission will apply to payments made on the strength of your telegraphic and mail orders: In Tallinn Free of commission, postage Ekr. -.50 In Br[...]t 1.- cost of ordinary wire Ekr. 1,80 urgent 3.60 3. In other places - the rates aforementioned, adding corres- • pondents charges, if any,[...]e note. Yours faithfully,[...] |
| [...]J. FROM LONDON. Dated 16/7/. No. 603. Referring to your telegram 'Lk.). 87 Head Office credited C250,000-. National Bank of India Ltd. offer ' discount further U50 000- sovereigns Fremantle to Madrao per ".Karmala". New York sight rate on London Is 4.861 . Dated 1717/28. Referring to your telegram of 7th July R. Nivison 60y quite intended bringing out Sydney City Coulcil loan this month but reception given Commonwealth and Brisbane City Council show it would be most unwise to press for another Austr'l.lian loan on the market at present. They therefore advise holding over Sydney City Council till after the holidays say end of 36ptember meanwhile getting authority to issue S[...]ose ,of loan average' annual value of land increase per cent during lest 4 yers„ levying cowers of Municipal pucil, present rate and the amount„ annual sinihg fund and[...]lth application to date £772,000. Dated 16/j128 No. 693 - Staff. Confidential. Dated 17 7/28. No. €94. ',",eeiciy figures. Dated 17/7/28. Do. 695. We have to-day debited Head Office 5.8.7 for. transfer to your Dollar ilccount with Canadian Ban of Coerce ,, Ban Frr,.ncisco, rate 4...56 3/32. Commonwealth Loan Lists cl[...]erwriters tae balance. Dated 13 7 28. No. 696. Referring to your telegram of 18th instr, at, the answer is yea, except that sub-section 2 reads:- (uotation begins) "[...]New Zor-.. sight rate on London Montreal " 4.88 /t4[...]Ozecho-31ova:Aa 164 1/16 Ti Germany (Reichmal-') 20.39[...] |
| [...]6/3, 0 tleforrilz your of .[...]3outh , ale urn of a3 a for credit of thlz Purchase 130 000 ransfer our Account with Canadian B of Co[...]eas 4. whether ctionIi orrency 1. was ilEi.sod•vith-but . altoration. On receive rom of Nev.. SO- t,•Wa..eo•the-sUm r„2&..) for credit f•this ffice. . o85.[...]ceodin4 Z8 the extent of ♦2,1,,,,, thun red„a amowit o : -h Governmc,t Securitiel[...]L.,, Ltd. she si.2 of '30 as .,.T.T. for credit , ia Offico. .,.. oy t your discretio n priorto'. 4th Auz„ust purchase;',29[...] |
| [...]24th July 1928 • LETTER NO. 614. Per "Ormonde." The Manager,[...]AUSTRALIAN INFORMATION BUREAU. BURTON' OVERSEAS INFORMATION BUREAU 15 Strcnd. We refer to your letter No. 469 of 2nd January, 1926 • under the heading of "Commission on Rem ttance3of Settlers' Funds and subsequent correspondence in connection with the payment of i% on funds secured by passenger agents for remittance through your Office or Strand to Australia an behalf of emigrants1 0 the object being to secur such remittances as Savings Bank deposits on this side. It has just come to our notice that Burton's Overseas Information Bureau which is apparently identical with Australian Information Bureau has been handling the trans- ference of emigrants funds in a manner which seems to us to be far from satisfactory, not to say irregular. We enclose here- with copies of three receipts issued by Burton's Overseas Inform- ation Bureau, two of which are dated 18th May, 1928, and the |
| [...]- 2 - other 23rd May, 1928. The first item receipt No.4875 for £661- was covered by a P.T. through Strand Branch for £664.6.1„ which was received at Sydney on 20th July, 1928. Cover for the second item receipt No.4876 was received in like manner on 9th July, 19280 whilst the third item receipt No. 4897 was received by T.T. on 19th y* 1928. This last mentioned item is endors- ed with the name of this Bank and its Sydney address. There is no similar endorsement on the other items. In addition to these three cases a Mr. John W. May has called and produced a letter from Burton's Overseas Information Bureau asking him to call at the Commonwealth Bank, Sydney 0 for his remittance of £20. This remittance has just come to hand.by T.T. to-day. A further example relates to a remittance of £634 on• account of Olotilde Zambardi in cionnection with which we enclose copy of letter addressed to the lady mentioned dated 26th April, last. As you will see this letter requests Miss Zambardi to apply to our Melbourne Office for her remittance of £634, but the remittance has not yet arrived at Melbourne. With regard to receipt No. 4875 for £661 we enclose copy of a cable sent by Burton to Denis Pudifin„ who came out by the Moreton Bay but whether this cable was in reply to a cabled enquiry by the favoree,or whether it was sent by Burton on his own initiative, we are unable to say. In this case it is apparent that exchange at the rate for T.Ts. has been added, the amount. of the receipt being L661- and the amount of the cabled remittance 2664.6.1. The owner of these funds could, of course, |
| [...]money over to Burton's and he would then have received the On Demand exchange premium of 17/6%. It seems apparent that Burton's are adopting a practice of makinL use of moneys e[...]ide approximately with the arrival of the favoree in Australia. In the ease of receipt No. 4875 0 however, some considerable time elapsed after the arrival of the owner of the funds before the remittance by T.T.came through, and this gives the impression that the stability of Burton's Overseas Information Bureau may be questionable, and we feel in duty bo[...]ayed by Burton viz. "Australian Information Bureau" could quite easily mislead emigrants into believing that it was an official bureau0 and the fact that it Is situated in the Strand may lead to enquirers being directed there instead of to Australia House. Under the circumstances, therefore, we feel that these incidents should be broug[...]who should, if they have the power, order the removal of the sign "Australian Information Bureau." If ,• after investigation, you find that Burton's Overseas information Bureau have been following such irregular practices as the |
| [...]875 BURTON OVERSEAS INFORMATION BUREAU, 15, Strand , London[...]18th May, 1928 RECEIVED FT-'0M MRS. ELLEN FUDIFIN 4 HIGH STREET WELLING KENT THE SUM OF SIX HUNDRED AND SIXTYONE POWDS.[...]Principal £661. • • |
| [...].14 COPY. 4876 BURTON'S OVERSEAS INFORMATION BUREAU, 1, Strand, Londo[...]8th May, 1928 RECEIVED FROM MR. C. BRANCH 18 IZ E ROAD BEXL[...] |
| [...]6/46 , COPY. 4897 B. S OVERSEAS INF ikiki ION BUREAU, , Strand, Lond[...]Vrd Llay, 1028 RECEIVED FROM MR. W, TROUGHTON 58 Ra5VER R AD[...] |
| [...]BURTON'S OVERSEAS INFORM ATI ON BUREAU . (SA. Burton. A.R. Maylott)[...]RTS All advice and Information free. 15 Strand,[...]Peth April, 1928. Miss Clotilde Zambardi.[...]ommonwealth Bank of Australia, Collins Street. Melbourne, for aLatiliDEELLAN_D THIRTYPOUR POUNDS (634.0.0).• Yours faithfully , BURTON'S OVERSEAS INFOEMATION BUREAU.[...] |
| [...]25th July, 1928. CONFIDENTIAL. LETTER NO.615. Per “Ormoncle." The manager ,[...]AUSTRALIAN INFORMATION BUREAU. BURTON'S OVERSEAS INFORM4TION_BUREAU 15 Strand. Following our letter of 24th instant, we have • now to advise that Miss notilde Zambardi's remittance of £834- has been received from Strand Branch by T.T. to-day. We u[...]r written by Burton's to lies Zambardi. Is dated 26th April, so that it would appear that her funds have been withheld for nearly three months. No exchange appears to have been allowed to Miss Zambardi. With reference to John W. May's transaction we • enclose the original letter addressed to him by Burton Mr. May and other[...] |
| [...]BURTON'S OVERSEAS INFORMATION BUREAU. (S.M. Burton).[...]12th June, 1928 Mr. John W. May, 44 Rudolph Ro[...]lth Bank of Australia, Pitt St. Sydney for your capital viz. TWENTY POUNDS (Z20.0.0) Yours faithfully, BURTON S OVERSEAS INFORMATION BUREAU.[...] |
| [...]6/6 25th July, 1928. LETTER NO. 16. • r nOrmonde ager[...]LOAN 2 000 000. We note from your cable of 17th instant, that Mess 1. Nivison &[...]0th instants in this connection is enclosed herewith. Tour suggestion with regard to the issue of stock has been favorably received by the Commission and steps are being taken to obtain the necessary legislative authority. We will keep you advised as progress is made in this respect. We have advised t[...] |
| [...]SYDNEY. 20th July 1928. The Governor, \fi[...]DON LOAN have to thank you for your letter of the 18th instant and the information therein contained. In accordance with your request, I have pleasure in supplying the following information 40[...]ernor, to borrow in manner hereinafter provided and subject to the conditions hereinafter prescribed, any sum or sums of money for the aforesaid purposes, or any of them[...]ct shall be deemed to be secured upon the corporate rates and revenues of the Council from whatever source arising, and the following[...]ations, and provisions shall regulate the borrowing of moneys and issue of debentures under this Act: A[...]the sale of debentures, to be issued in such[...]the maturity of any such debentures, issue new debentures to retire or repay the same. -II such original or substituted debentures shall have a currency not exceeding in th, aggregate fifty years, and shall bear interest at a rate fixed[...]rm of Schedule D hereto, and the council may fix the[...]which such debentures may be sold. Every such debenture shall be numbered in regular ascending arithmetical progression, whereof the common difference shall be one, a[...]ery payment of interest to grow due thereon, a coupon bearing the same number as the debenture, Every such debenture shall name the principal sum secured thereby, which shall be twenty[...] |
| [...]S-La-39 N0.618 The Manager, LOILIDON. Dear Sir, We are in receipt of your letter Voi547 dated 20th _timoiand in rojdly[...]• 1921 on the subject of child allowance were not forwarded to S your office, the payment of child allowance in so far as Ebosenc,ers are concerned, not previously beiny. applicable in London.[...]ate of £15 p.a. may be paid to Messengers in respect or each child under 17 yeJrs age as from 1/7/1928. •[...] |
| [...]31st July, 1928. LETTER NO. 619.[...]wrote you last on 25th instant, and have now received your Letters Nos.545 to 563 inclusive, dated between the 19th and 28th June 1928. • PRIVATE TELEGRAPHIC CODE - Your No. 55 Your advices regarding the account of Beecham Estates Pills Ltd. are noted. The amendment to the code word UFNHE is receiving the necessary attention. YOUR DOCY. LETTER OF 9RDI 140 Fio SIUON US V[...]& CO. £100,000. Your advice under this heading are noted with thanks.[...]COMMONWEALTH 5 . CASH & CONVERSION LOAN - Mrs. Florence Williams. Bare ay e Bank d. We note the remarkS contained in your No.555, but we would draw your attention to your letter No. 98 of 14th |
| [...]Branch of Barclayts Bank Ltd., and enclosinL„ receipt therefor. We cannot understand why You have been again[...]COMMONWEALTH OF AUSTRALIA 5-' WAR CONVERSION & REDEMPTION LOAN 1928. The applications forwarded with your No. 557 have been passed on to the Registries concerned for the necessary 'attention., PolimPIREALTH, QUERMELJUMEAgugalleLmiam. Your N0.563. We thank you for the statement covering the manage- ment charges of £6,583.15.2 for period 1/12/2" to 31/5/28, and also for the supporting schedules, which are receiving our attention. LONDON FVNDS FINANCES./ We thank you for the advices contained in your No. 562 and for the schedules attached. WESTMINSTER BANK LTD. We note-the advices contained in your Nos. 545 end 552 regarding the specimens being forwarded on account o[...]necessary for each individual office to forward direct acknow- ledgment. |
| [...]S-La-39 A'AIR - Your No. 545. // The communications mentioned by you have been forwarded to our Branches concerned. ALLGEMEINER BANK-VEREIN IN 'POLEN. POWSZOTINT7AffK ZWIAZkOtYw POLSCE S.A. The advices contained in your No. 552 are noted. BANCA NAZIONALE DI CREDITO The arrangements made with this Institution have been duly recorded. BANK ZWIAZKU SPOLEK ZAROBKOWYCH.[...]nts with the above Institution as set out in your No. 556. Suitable instructions will be issued to Branches in due course. Q04; DE BRUGES. We enclose herewith copy of a letter received • from the above, and shall be gla[...]ve Bank has been closed, and we shall be glad of your confir- mation in order that same may be deleted from our List of Corres- pondents for the encashment of Australian Notes. rours faithfully,[...] |
| [...]UGES 15 h June, 1928. Commonwealth Bank of Austrn[...]irs, With reference 0 our circular letter of 24th ay last advising you that we have taken over the business of the Credit General Liegeois at Rruge., we beg to inform you that we are also established at Knocke and Zoute, seaside resorts very popular on the Belgian Coast[...]ace the services of these Branches entirely at your disposition in connection with your Letters of Credit and Travellers Cheques. We should be very pleased, therefore, if you would kindly • also mention these Branches on your List of Correspondents, and we should be pleased to receive now for each one of them your authorised list of signatures together with a complete set of your specimen documents (Letters of Credit Travellers Cheques, etc.) Thanking you in advance for a cordial reception to our proposition. We are, Yours faithfully,[...] |
| [...]S-La-39 98 Re erring to your telegram No. 888 Head Office debited £30,000. Referring to your taegram of 12th July received from National Bank of India Ltd. £20,075 proceeds of gold shipment and freight £150. Credited Head Office £75 and balance 1;ote Issue[...]cial Account, New York sight rate on London is 4.86. 9. Weekly figures. No, 700. Reterring o your telegram No. 887 Head Office credited £200.0000. Referring to your telegram No. 889 Head Office debited £100000. May we pay demand draft No. 184A Melbourne Branch E100 44th Fbruary, 19220 cover returned 31st larch last. Latest4vics quotes[...]New York sight rate on London 4.85-15/16 Montreal tt II 4.86i/4 France T.T. tt ft[...],84 Czocho b ovakia n n 0 163.95 Germany (Reichwarks it Et 20.36 Portugal It 1[...]Calcutta ft n n II 1/5-57/6our telegram No. 884 He Office credited £250,000. Referring to your telegram of 22nd May B, Hoe & Coy. report test almost completed and estimate approximate price £4,500 f.o.b. London. When actually redy shall we arrange inspectioa and report by Caunt as taiggestd by Ash? Do 1a Russ adhere to stipulation ink contract but express willingness quote for auxiliary machine as[...]sight rate on London Is 4.85-3/4 No, 702. Re e ring to your telegram No. 88? Head Office credited £300,000. Our Letter of Credit 57 Gaunt Sydney Office B.N. 5646, 5839, 6047 paid. Balance due Coiamonwealth Bank of Australia Account charge Z80t7:-. Referring to your telegram of to-day denomination Bonds is usual allocation asked for by market for loan of Z1,0001000 and considered necessary for market purposes. Sugar prices. Cubas • 13.96% polarisation 10/1(4 nominal, American granulated 14/6, Canadian granulated 14/6, Java whites 11/9, Jaye average 17 tel gao[...] |
| [...]1,000 as a the debit of this Office. Receive from he National Bank of A/asia[...]of Australia Ltd. £300O as Tors. for credit of this Office.'Receive from the CommerciaI Banking Co. of Sydne[...]000 25th July, 000,000 27th July as Tas, for credit of this Office. Under to-dayls date purdhaso from Note Issue Dopartment British Treasury Bills Z500,0000 maturing 1st September, price 1E497,844:4:1 of Which credit Note Issue Department Special Account £49[...]Debit Note Issue Departawnt Special Account credit Head Office £500,000. 2[...]x,1,000 as Tas, to the debit of this office. Receive from Bank of New South Wales the sum of £1,000,000 as a T.T. for credit of this Officqp as follows[...]the debit of this Office. Brisbane Office rem tted by sight warrant on 20th July 21,000,000 for the credit Queensland State Governwent„ money to b invested on market. Portion will be used to provide for Governme[...]urpose following half -yar. sz o, 890. Ref rring to your telegram of 25th July Melbourne Branch draft No, 184A £100 may be paid, draw on d Office for cover.• No. 891, Referr_l„; to our tele ram of 16th July, gold hipmnt effected nargs Bay". Referring to your telegram of 19th June, Melbourne Harbor Trust desires know whether nthber of £500 debea tures could be increased and number of £100 reduced. |
| [...]DirUi 4ZA/7/4a $ No, 892. Sugar Board desire quotation Dutch Belgian granulated £15:17:6 c.i.f. Australian ports confirxied by Czarnikow. Referring to your cable of yesterdayo No. 702, Gaun I please explain Item £80:7:. No. 93 fteferring to your telegram of 28th July under Gaunt instructions Layaock lodged £147 credit his Bed Clause account Sydney Office his this any relation transaction yourrid? 44) |
| [...]39 e• OT/HEW LETTER NO. 620. The Manager, LONDO,[...]JF i; 000 000 We have received your No.52a of the 28th ultimo with regard to Brisbane City Council issue and note your advices with considerable surprise. When considering this matter we had before Us your ,cable of 3rd November last advising that if the Brisbane City Council isnue were guaranteed by the cueensland Government the[...]two points better. 71e also had, howOver, your cables of 11th Anril and 7th May-1924 advising,[...]nt guarantee would mean only a moderate increase in issue nrice and would raise the question of guarantee for previous issues, you did not recommend it and that Nivison & Company thoug[...]e the proposed loan. In our cable of 20th ultimo we advised you that if it were necessary to get a higher price the 4:zueens1nd G[...]also asked whether Nivison Company considered the Government guarantee would ensure a better price and asked what would[...] |
| [...]S-La-39 guarantee. Your reply advising that Nivison s only reason for assuming that the Brisbane City Council loan would be guaranteed was that New York issues were so guaranteed and your omission to answer the two questions at the end of our cable conveyed to our minds the definite impression that Nivison Company did not think that Government guarantee would ensure a • butter price. 7e accor[...]ve the Council any better price in London as your only reason for suggesting it was that the practice had already been established in New York; if your cable had been to the same effect as your letter under reply our advices to the Mayor would have been different. Under the circumstances we now f[...]e should be glad if you would see that in future more care is taken to prevent misunderstandings and that definite answers are given to enquiries. Yours a ithfully ,[...] |
| [...]S-La-39 NI LETTER NO. 621. T: A 11,,44[...]OF NIferring tii) your jotter fr.? , Jth the Thrn, ,ny has alwarz 1,rel3ned qs toat roblite allowed to u[...]hluA inflrm tho .Nato141 -Bank of India that we ere'. nvaro that thoy were entitled to any rebate on the freigh tht. * :"Idnelz re iovieverj rr4qusistieng, thfitr London Dff1. to take the tter t th ttie 111t1onl a rett. r the P ev,)#COM any wcro agreeable e sho'll be vite prepared to allow, the ationa1 is Ilk 'o54` India thin rebate[...]53.0A paid to us In rt,111-4xict of tail socially requoTted to leave dl[...] |
| [...]9th August, 1928. MIWILLO. .1. 62g. Per, "11150#11Sarill If The[...]e wrote you last on 31st ultimo, and have now received your letters Noe.564 to 576 inclusive, dated 4th and 5th July, 1928. • 92_12IYAXP _TPLEGRAPHIq CODE[...]priation against the otpher "UGELA" to read as follows:- "Remit in sterling to credit of L. KRIEKS with the "Am[...]only, and they have been advised that the new reading will take effect as from the 15th proxim[...]S ETC./ • ER. The specimen signatures etc., referred to in your No.630 are now to hand and will be forwarded to our Branches concerned in due course. |
| [...]621 - CO-OPERATIVE WHOL[...]e balance sheet of the above Society enclosewith your No. 573 has been received with thanks. ITY OF BRISBANE 1 000 000 5 STOCK 1950 60 @I 951. Your No.573. The prospoctuses forwarded by you[...]which e thank you. LONDON FUNDS 84 FINANCES. - Your No. 576. We thank you for the advisee under this[...]04 FVNps - BANK OF ENGLAND. We note from your No. 574, the arrangements made with the Bank of England at the request of Sir Ernest Harvey regarding the withdrawal of portion of our funds from the market and placing of same with the Bank of England. As you know, it is our desire to assist the Bank of England as far as possible in these matters, and your action has approval. DOCUM TARP WOOL CREDITS. o WATT NNE BOSSUT FILS SYDNEY. =IP A GzIERL LAN 'ERR FLIPO & CO. MELBOURNE. LAHOUSSE PERE ET F Lo S.A. 0 BtRS & O. SYDNEY B ISB E The applications enclosed with your No. 568 have been recteiveCand our branches concerned have been instructed as necessary. ~AVIN,~S BASK . Your Nos. 566 end 867. Your advioes are noted. |
| [...]072. -3 ... REUT TELEGRAM COMPANY LIMITED. We duly received your cable of the 31st ultimo, advising that the a[...]odge Z20,000- War Loan Bonds with you and desired to draw up to that amount at any of our Capital Branches temporarily from time to time. We • are not prepared to accede to a request of this nature and replied to your cable that you may arrange for them to have the accommodation at Sydney or Melbourne and remit from there to other Capitals as necessary or, as an alte[...]20,000- could be made available at any one of our Capital Branches from time to time under your cabled advioeS. Your further advices in this connection are now awaited. • 94PS VIA nICSAK.ff // We have received your cable of the 7th instant, requesting that cable messages be not forwarded per the above medium in future; apparently you have been experiencing trouble with such of our mes3 es Which have been sent lately through this source , and pending your mail advioes all cables to you will be despatch-[...]BL We have noted the advices contained in your No. 551 for which we thank you. We agree with your proposal to retain a piece of the flannelette supplie[...] |
| [...]S-La-39 for any future orders. ,CETRAT4 URIOI TRUST CO. OF NEW YD R4. ER The notices regardingtheir lost Letter of Credit, forwarded with your No. 5640 have been despatched to our Branches interested. 13ANCA NAZIONALE D'ALB A1114 Yours Not 564. ER The specimen draft forms have been forwarded to Capital Branches and Fremantle. AN No. 73. ER[...]arrangements with this Institution as set out in your letter abovementioned. From cables whi[...]raft for Z901.11.54. on Launceston Branch and, in view of the amount involved and as no advice had been received, we deemed it advisable to cable you and ascertain if cover had been lodged* your reply in the affirmative being received Launceston Branch. was instructed to make p[...]advisable to have the arrangement extended to all our Brandies. Please take the matter up w[...] |
| [...]K ER it is with interest that we have perused the quarterly Tabulati[...]NTAL ST_ WY ON WOOL BILLS. LC or your information and records we append copy of Associated Banks' (110 minute dated 27///28 in regard to stamp duty on French Bills:- "After discussion t[...]"New ;south Wales, Sydney, was agreed to, that Banks be allowed freedom to protect, where "necessary, theiv business ..ainst the Camptoir's "competition, in regard to British or Continental "Strulp Duty on French bills; but that only in this "direction was Stamp Duty, under any circumstances[...]ociated "Banks' arrangements already in force." • We hays decided to fall into line with the other Banks and our Managers at Sydney and Melbourne have been advised that they may waive the stamp duty (British and French) in cases where a specific request is made and where it is necessary to protect our businewa. OtTRNE HAB0R UST AN OF £1,009 000. EL Referring to our letter of 3rd ultimo (No.604) we **bled you on 27th ultimo, at the Trust's request an enquiry aS to whether the number of £100- debentures could be reduced. Your reply of the same date that the denominations of Debentures previously asked for was the usual allocation[...] |
| [...]- Trust, and we are endeavouring to arrange for the early com- pletion of the debentures. Considerable difficulty is being experienced in this regard, as the Trust appears averse to having the debentures and coupons definitely domiciled at your Office; they prefer the somewhat vague expression "payable in London at the Bankers of the Trust for the time being" on debentures whIle for coupons they object to anything beyond "payable at London." In view of your advices in connection with previous loans we have stressed the necessity for having the debentures and coupons definitely domiciled. We cabled you in this connection on 7th instant, and are now awaiting your reply. ALETUALSIMICITAt. BL For your information we have to advis,,-) that it Is • probable that the Council will desire to float a further loan of £1,000,000 - £10 500,000 by about the end of the year. The Council's requirements up to £930,000 for the next few months are being provided by US and are to be repaid from proceeds of a new flotation.[...]ondon on behalf or the Council, We are passing similar advices on to New York. Yours faithfully,[...] |
| [...]app oved Dated 2 . No. At. ring to your telegram of 26th Jul N. 701 please obtain aree quotations from Iloes on basL, one five and ten chin. Do machines give good results on dry paper. We can hardly a aunt report on mach'ne made by rival firm but should be lad if Bank of England would agree authorise Mr. Chamberlain y iv efit his o[...]forward samples work on damp and dry paperN .896 Associated Banks have decided to discontime Wo[...]al settlement will take place as at 27th instant. Referring to your telegram of yesterday Reuters Telegram Coy Ltd. you may arrange for them to have limit of £20,00- at Sydney or Melbourne and remit from there to other capitals ar.) necessary or they could ha[...]£20 000 7Ja. Loan Bonds. n rNugust receive from The Un on Ban of Australia of Z10'0 000 as a T.T. for credit of this Of ice Dated o.898 ncasso an Rot[...]cover been lodged with you. Da 4 81.1. No. . Receive from Commercial Banking Coy of Syd[...]00 7th August, 250 000 9th August. as a T.T. for cred t s Office Dated 7 28. 0.900 Receive from The Commtr isl Bank o Aus ral a Ltd the sum o Z100,000- as a T.T. for creditof this Offic Pay to:- Bank of Nor South Vales the sum of 36 000 The s land Natl. Bank Ltd. " £2[...]0 as T.Ts. to the debit of this Office. Receive from The Commercial Bank of Australia Ltd. the sum of 50 000 as a T.T. for credit o this Office.[...] |
| [...]FROM LONDON. gures. ated 8 No. 706. Latest London market quotations (after deducting accrue( interest) of the following securities are set out hereunder: Commonwealth Government 5% 1945/75 £90 - N.S. .11 , Government 0 1945/68 £98 - Victorian Government * 19[...]• Queensland Goverment 5% 1940/60 £98 5 - S.A. Government k/[...]ay Trust 5...;1% 1944/54 £97 5 Melbourne Tramways Board 5% 1944 £93 16 - Brisbane Water Board 6 1949 £93 10 - Now Zealand Government 55' 1946 £103 5 - South African Government 5% 1945/75 £102 15 - Referring to your telegram of 28th Jay Csarnikow confirm quotation[...]ipment 500 0 1000 tons would be based on conference rates at prevent about IA- to £1.5.- per ton more . Reuters Telegram Coy Ltd . propose lodge • £200 000 war loan. bonds here and desire to draw up to that amount at any of our Capital branches temporarily from time to time[...]8. Dated lip/28. No. 107. We have to-day credited Head Office with £11,250- representing interest on securities held on account of the no te[...]sight rate on London 4.85 5/8 Montreal 0 0 4.85 7/8 P[...]83 Ozeoho-novakia n * 163.81 Germany (Reichmarks) T.T." 20.34[...]1/5 57/64 0 ft[...] |
| [...]60V-- 2/8 . Ito. 708 rieferr ng to your telegram No. :8 Head Of fice cr441ted Z250,000 Ne York sight rate on London is 4.85 9/16. 41A5 8. 28. 09. Referring to your telegram No.897 Head Office credited Z100 000. ferri4:3, to your telegram of to-day cover remitted Launceston -ranch 29th June, our credit note No. 744 New York sight rate on London is 4.85 7/16, • No. 10. Referring to your telegram No. 899 Head Of credited £200.000, Dated 78 2 o. filming to your letter or 13th June would strongly recommend you not to use Beam service. Referring to your telegram No.888 Head Oft tee credited £250,000. Referring to your telegram No.899 Head Office credited Z250,000. Referring to your telegram No. 900 Head Office credited £1150000 debited £79,000. Referring to our telegram of 9th July Macdonald increase our lien to a 000. N.* York sight rate on London is 4[...]York London have opened eonfirwed Letter of Credit 200130/1 their favor £50,000- account their Tokio house drafts at 60 or 90 days sight on National City • Bank[...]ing wool and/or wool tops Australia to Japan freight payable at destination. Red Clause full extentone copy of invoice, certi[...]o this effect must be attached to drafts with remaining documents. Credit expires on tIst January next. Record as Letter of Credit No 159. Dated 7 8 28. No. 7 3. Wo kl Rated 818/28. 0,714. Referring to your telegram No, 01 d Office debited £31,00[...]sight rate on London 4.85 15./32 Montreal 4.05 7/8[...] |
| [...]“ 163.81 Germany (Reichmarks) 20.36 ci Portugal[...]1/5 57/6 Shanghai[...] |
| [...]6.23, uet, 1928 or, N.[...]0 In order that the rrequired forms for the renew's.' of the Bank s Licenue to conduct an Agency[...]l be d if you will cable tho above balance figures using he schedule as oet out in our letter of the 10th 41101mon r 1922[...] |
| [...]TIAL ttigust 1928 The Manager, 41 LONDON, Dear[...]Je thank you for the advices contained In your No.565. We presune that tho inclusive rate of covering fret(' ^ and insurance wolld nisi) apply for any fut,re thi-mente desire to mal,:o0 but should LT glad of your adv_ces in the natter. 74) t* Uit the above char7e o includes 6/ frIg:t and 1/ , uranceo• Please acIvise ;.ether there wou be any objection to our arrancing our own insurance for any future shinments our payment —to the shipping office to be C ever freight only. A8 you are aware, w Imes make shilments of gold[...]and 'Wrath Yours fa y |
MD |
Secretary's Department - London Letters - To London (Indexed) October 1927 - August 1928 |
01/10/1927 to 31/08/1928 |