-A (1) 9-
Interest in arrears on 31st December, 1926
$117,369.42
"
31st December, 1927
206,818.64
"
"
"1
"
31st December, 1928
321,121.10
"
31st December, 1929
416,237.93
""
31st December, 1930
398,641.94
Total number of Loans issued since 16th November, 1925.... 302
Less number redeemed in 1926.
34
99
??
1)
1927...
"1
85
1928....
87
"1
19
"1
1929..
29
"?
""
1930..
35
""
270
Number of Loans outstanding on 31st December, 1930....... 32
PUBLIC DEBT.
The inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £719,664 being £45,042 more than at the end of 1929.
The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. $3,000,000 of this loan was issued locally at par on November 1st 1927. The second issue was made on November 1st 1928 at a premium of 3 per cent-Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £75,749 being £24,429 more than at the end of 1929.
NOTE CIRCULATION,
The local circulation of notes and Specie in Reserve of the three banks having authorized issues were as follows on 31st December:
Notes in Circulation. Specie in Reserve. Hong Kong & Shanghai Banking Corporation $104,311,862 $98,600,000 Chartered Bank of India Australia & China 19,600,942 7,800,000 Mercantile Bank of India Ltd 3,556,567 1,350,000 Total $127,469,371 $107,750,000Page 45
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