amount will expire on the 31st of July next.
2. At the time when this fare was first conferred on the Bank, under Ord 41 of 1859, it was understood that the arrangement was finally temporary and that the increased demand for note circulation at Hong Kong would be relieved by the transference of the notes of the Bank then circulating in the Straits Settlements, upon the introduction in the latter place of a Colonial Note Issue. This understanding was, moreover, confirmed by the letter from the Acting Chamberlain at Hong Kong, dated the 8th July, 1878 - copy of which was sent to the Government of the Straits Settlements and recently furnished by them.
3. It appears from a return that the average circulation of currency notes for the month ending on 10 January last amounted to rather less than $6,000,000; which