(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, 1898, were in amount as follows:-
Chartered Bank of India, Australia and China.
Hongkong and Shanghai Bank.
National Bank of China, Limited.
January,
3,051,947
8,126,528
449,740
February,
2,808,273
7,676,009
448,587
March,
2,995,966
6,609,031
· 450,000
April,
2,938,719
6,764,001
448,960
May,..
2,836,976
6,439,806
450,000
June,...
2,775,838
6,176,267
448,824
July,
2,914,252
5,087,096
450,000
August,
2,917,093
5,747,676
41.1,905
September,
2,873,076
6,180,333
445,879
October,
2,534,743
6,419,676
449,538
November,
2,583,714
5,721,000
439,057
December,
2,873,594
6,799,128
448,875
ACCOUNTS KEPT IN.
The Accounts of the Colonial Government wore formerly kopt 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.