AMOUNT OF PAPER CURRENCY IN CIRCULATION
The Notes of the Chartered Mercantile Bank of India, London and China; the Chartered Bank of India, Australia and China; and the Hongkong and Shanghai Banking Corporation, in circulation during the year ending 31st December, 1888, were in amount as follows:
| Month | Mercantile Bank | Bank of India, Australia and China | Hong Kong and Shanghai Bank |
|---|---|---|---|
| January | 1,109,185 | 1,435,839 | 3,413,774 |
| February | 1,458,040 | 1,649,310 | 4,347,157 |
| March | 1,301,203 | 1,501,621 | 3,332,670 |
| April | 1,058,707 | 1,553,278 | 3,458,399 |
| May | 1,208,865 | 1,227,696 | 3,434,075 |
| June | 1,239,050 | 1,099,993 | 3,005,864 |
| July | 1,218,703 | 1,085,296 | 2,943,548 |
| August | 1,123,242 | 1,186,764 | 3,039,080 |
| September | 1,299,177 | 1,125,663 | 2,941,254 |
| October | 1,319,050 | 1,270,703 | 2,736,000 |
| November | 1,417,557 | 1,288,927 | 2,641,120 |
| December | 1,389,115 | 1,362,812 | 2,865,548 |
The Accounts of the Colonial Government were formerly kept in Sterling, but from the 1st July, 1862, they have been kept in Dollars, in accordance with instructions from Her Majesty's Principal Secretary of State for the Colonies.
The Accounts of the Mercantile establishments are and have been always kept in Dollars.
(Q.4)
AMOUNT OF PAPER CURRENCY IN CIRCULATION.
The Notes of the Chartered Mercantile Bank of India, Londou and China; the Chartered Bank of India, Australia and China; and the Hongkong and Shanghai Banking Corporation, in circulation during the year onding 31st December, 1888, were in amount as follows:-
Mercantile Bank,
Bank of India, Australia and China.
Honghong and Shanghai Bank.
January,
1,109,185
1,435,839
3,413,774
February,
1,458,040
1,649,310
4,347,157
March,
1,301,203
1,501,621
3,332,670
April,
1,058,707
1,553,278
.3,458,399
May,.
1,208,865
1,227,696
3,434,075
June,....................
i,239,050
1,099,993
3,005,864
July,...
1,218,703
1,085,296
2,943,548
August,
1,123,242
1,186,764
3,039,080
September,.....
1,299.177
1,125,663
2,941,254
October,
1,3-19,050
1,270,703
2,736,000
November,
1,417,557
1,288,927
2,641,120
December,
1,389,115
1,362,812
2,865,548
ACCOUNTS KEPT IN.
The Accounts of the Colonial Government were formerly kept in Sterling, but from the 1st July, 1862, they have been kept in Dollars, in accordance with instructions from Her Majesty's Principal Secretary of State for
the Colonies.
The Accounts of the Mercantile establishments are and have been always kept in Dollars.
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