1
(R 4)
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, 1902, were in amount as follows :-
Chartered Bank
of Indio, Australia | Shanghai Banking
and China.
Hongkong and
Corporation.
National Bank of China, Limited.
January,
3,178,700
9,655,854
446,890
February........
3,198,605
12,462,306
446,194
March,
3,000,129
9,352,641
434,556
April,
3,101,293
8,516,000
430,312
May,...
3,190,258
8,281,554
436,724
June,
2,914,690
9,693,658
143,947
July..............
3,047,230
10,223,390
447,292
August.
3,101,604
9,860,409
447,007
September,
3,248,677
9,152,332
143,876
October,
3,229,030
9,609,183
445,382
November,
3,385,287
9.074,365
437,168
December,
3,601,657
11,232,635
442,145
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.