be quite distinct for each Colony, that in each Colony the Bank shall keep and specie reserve

3

The capital of the 3. th. Bank is $5,000,000,

So that the actual circulation (which includes, I presume, all the treaty ports) is not fod of the mass insum

allowed.

no maximaen

do to the other Banks, there being for each Colony, it is difficult to say exactly: but Ssec by the last 1⁄2 yearly statement of the Chartered Bank of Ind: Londen, #China that their capital is £750,000, their notes in circulation on 31th Dec 1873 at 8 different- places amounted to £479,245, of which £173,175-

specia be

4600/74

was at Homptons, others the wasting 864- The capital of the Priental Bank is larger: their note circulation in the 3 Colonies of 'églo. Smil's & Hongkong is on the whole, much about that of the Chartered of I. L.AC. Our- I do not know they may not have notes Elsewhere. Capital of the Chartered of J. A.&C. sabout the for Chat Mercantile, their circulation

the same as

As

The

Carpe the smaller in HongKong is rather larger in the Straits. that they do not appear to issue notes in Ceylon but d Cannot say where aloe they may issue notes.

On the whole I should gather that none of the banks are acull hear their maximum,

The total circulation in Stouphous of which the

has half the Eveton) is considerably, Carter than either leyton Kraits or Mauritius, tappeers excession for the population.

MINUTE PAPER.

Scannossap that a story

164

shory cake is made out the Petitioners. It is not impofitle that

unalt testat their legitimate ipe of n

Gif the

finding they

abore of

thing of

Ard

The

nobr

of the larger denomination, they life their immulation by

of the $$1$ art.

Heir strony point

Jenes

to be the

the Comoge

unsatisfactory condition

is

and sorne of them only ack to have. the $1 note until their comiage. ploud Supplied.

sound

This mout now,

for thing & adequatel

~jo

The Treasury

for their decision and in sending it Should have that looking to the the 6th paragraple of their didclips letter 10497. Lad famarrow

terms

of

is

of Jinion

that when the

the Jovernor received the memorial, now havsmitted,

home the acted rights in referring

for

+

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