838
No. S. 385.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st October, 1928, as certified by the Managers of the respective Banks :-
BANKS.
AVERAGE AMOUNT.
SPECIE IN RESERVE.
$3
Chartered Bank of India, Australia and China
15,200,065
5,900,000*
Hong Kong and Shanghai Banking Corporation
46,688,774
34,000,000†
Mercantile Bank of India, Limited.......
1,877,945
660,000$
TOTAL
$
63,766,784
40,560,000
*In addition Sterling Securities are deposited with the Crown Agents valued at £1,277,700.
In addition Securities deposited with the Crown Agents and Straits Government valued at
£2,993,202.
§ In addition Securities deposited with the Crown Agents valued at £180,000.
No. S. 386.--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.
5% Treasury Bonds repayable
@ 100 in 1930
£180,000
9th November, 1928.
Nominal Value.
Price when deposited.
Latest market price.
1013-101%
E. R. HALLIFAX,
Colonial Secretary.
KOWLOON-CANTON RAILWAY,
BRITISH SECTION.
No. S. 387.-It is hereby notified that sealed tenders in triplicate, which should be clearly marked Tender for Motor Car", will be received at the Colonial Secretary's Office until Noon of Monday, the 19th day of November, 1928, for the purchase of an old 5-seater Studebaker motor car.
Tenderers must produce a receipt that they have deposited in the Colonial Treasury the sum of $25 as a pledge of the bona fides of their tender, which sum shall be forfeited to the Crown, if any tenderer fails or refuses to carry out his tender, should such tender be accepted.
The Government does not bind itself to accept the highest or any tender.
Forms of tender and further particulars may be obtained from the Manager, Railway Office, Kowloon.
ROBERT BAKER, Manager & Chief Engineer.
9th November, 1928.