(Q4)
AMOUNT OF PAPER CURRENCY IN CIRCULATION.
The Notes of the Chartered Bank of India, Australia and China, the Hongkong and Shanghai Banking Corporation, and the National Bank of China, Limited, in circulation during the year ending 31st December, 1897, were in amount as follows :-
Chartered Bank of India, Australia and China.
Hongkong and Shanghai Bank.
National Bank of China, Limited.
January,
2,349,492
5,918,479
361,648
February,
2,812,142
6,466,094
365,275
March,
1,935,600
5,701,753
391,672
April,
1,862,008
5,832,437
343,739
May,.........................
2,125,674
5,254,946
363,810
June............
2,338,427
5,214,437
327,096
July,
2,233,855
5,051,558
388,006
August,
2,538,310
4,925,978
353,347
September,
2,656,656
5,426,120
388,780
October,
2,803,076
5,798,252
370,580
November,
2,820,782
5,892,270
450,000
December,
2,998,367
5,947,463
448,614
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.