(Q4)

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, 1890, were in amount as follows :—

Mercantile Bank.

Bank of India, Australia and China.

Hongkong and Shanghai Bank.

January,

1,421,465

1,683,383

4,615,275

February,......

1,421,897

1,598,318

3,450,901

March,

1,378,985

1,565,461

3,339,695

April,

1,248,438

1,194,50-4

4,0-17,837

May,

1,167,385

1,187,373

3,600,340

June,

1,167,065

1,103,467

3,630,337

July,..

1,110,846

1,083,256

3,767,985

August,.........

1,125,305

1,056,159

3,535,100

September,.....

1,245,874

1,157,745

3,258,812

October,

1.157.808

1,205,678

9,240,114

November,

969,305

1,084,529

3,511,704

December,.........

1,006,145

1,117,736

3,429,069

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 Colonics,

The Accounts of the Mercantile establishments are and have been always kept in Dollars,

Share This Page