11.

Liabilities

BALANCE SHEET

(1) Gestificates of Indebtedness outstanding: £283,700,021.35 (93,355,568,450). Frash certificates with à totul face value of $2,041 million vere issued in 1973 while redemptions amounted to 11,744.3 million, resulting in net increase in certificates outstanding of $296.7 million. The total was built up as follows:

Issued

H (1 million)

Redeemed (million)

Outstanding (§ million)

Outstanding 1st

January 1973

3,058.87

Chinese Hey Yo

1973

660

581.30

78.70

Chinese New Year

1974

233

Other

1,148

80.00

1.083.00

153.00

63.00

2,041

1,744.30

3

Outstanding 31st

December 1973

$3.355.57

Changes in the note circulation in recent years are shovn

in the following tablest

VALUE OF NOTES IN CIRCULATION BY DENOMINATION

(including the fiduciary issuas of the note issuing banks; but excluding dollar notes issued under Section 2 of the repeiled Dollar Currency Notes Ordinance)

led

End of Degenbert

1971

1972

1973

£1

453,460

453,460

453,460

$5

73.985,025

84,524, 240

105,073,825

410

455,602,686

437,209,280

545,581,760

$25

27,250

$50

79,945,929

$100

1,408,237,700

1,610,178,600

$500

723.319.000

865.813.500

27,450

92,680,375

1,696, 280, 200

1.008 211.000

$2,741,631,040 $3,150,596,905 $3,448,307,870

27,250

92, 330, 575

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