989

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 380.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 30th September, 1932, as certified by the Managers of the respective Banks:

BANKS,

AVERAGE AMOUNT.

SPECIE IN RESERVE.

$

Chartered Bank of India, Australia and China

21,098,862

8,300,000*

Hong Kong and Shanghai Banking Corporation ......

130,822,218

112,000,000†

Mercantile Bank of India, Limited...

2,973,347

1,350,000$

TOTAL

154,894,427 121,650,000

* In addition Sterling Securities are deposited with the Crown Agents valued at £1,143,700.

In addition Securities deposited with the Crown Agents and Straits Government valued at

£2,747,000.

In addition Securities deposited with the Crown Agents valued at £190,000.

7th October, 1932.

E. R. HALIFAX,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 381.-The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India,, Limited, against their notes in circulation, is published for general information under Section 5 of the Mercantile Bank Note Issue Ordinance, 1911, (Ordinance No. 65 of 1911): -

Security.

Amount.

Nominal Value.

Price when deposited.

Latest market price.

44% Conversion Loan 1940/1944. £190,000.

7th October, 1932.

E. R. HALLIFAX,

Colonial Secretary.

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