893.51/6594: Telegram

The Consul General at Hong Kong (Southard) to the Secretary of State

Referring to my strictly confidential telegram of December 2, 9 a.m.,84 Hong Kong and Shanghai Banking Corporation state that shipments of Chinese Government silver to London were finished by mid-February, they estimate the total shipments as follows: 318½ million silver dollars; 6 million dollars in silver bars; and 133½ million dollars worth of subsidiary coins. It is not known how much silver these subsidiary coins will yield when melted. No further arrivals of Chinese Government silver at Hong Kong are anticipated.

By mail to Hankow, Tokyo, London.