233

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 123. Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st March, 1930, as certified by the Managers of the respective Banks :-

BANKS.

AVERAGE AMOUNT.

SPECIE IN RESERVE,

$

Chartered Bank of India, Australia and China

Hong Kong and Shanghai Banking Corporation...

Mercantile Bank of India, Limited...

TOTAL

19,827,257 7,800,000*

70,633,569 49,000,000+

2,249,844

800,000§

92,710,670 57,600,000

* In addition Sterling Securities are deposited with the Crown Agents valued at £1,288,700.

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

£2,875,608.

In addition Securities deposited with the Crown Agents valued at £180,000.

4th April, 1930.

E. R. HALLIFAX,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 124. 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.

5% Treasury Bonds repayable

@ 100 in 1930

£180,000

4th April, 1930.

1001-1001

E. R. HALLIFAX,

Colonial Secretary.

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