(R3)
LAW AFFECTING CURRENCY.
1. Ordinance No. 4 of 1865, sectious 13 and 20.—This Ordinance relates to the offence of forging Bank Notes.
2. Ordinance No. 7 of 1865.–Offences against Coiunge,
3. Ordinance, No, 7 of 1895.—Defacing or Chopping British Dollars,
1. Order in Council of 2nd February, 1805, published in Government Gazette Extraordinary of 30th March,
1895, declares that Mexican Dollars, Hongkong Dollars and British Dollars or other Silver Dollars of equivalent
value duly authorised by the Governor of Hongkong shall be the only legal tender, and provides that Silver Coins representing some multiple of the rent or one limtredil part of the said Dollurs shall be a legal tender for any sum not exreeding Two Dollars, aud that Copper or Bronze Coins representing the cent or one-hundredth part or the mil or cash representing one-thousandth part of the Dollar shall be a legal tender for any sum not exceeding
One Dollar.
The above Currency consists of the following Coins, viz.:—
1. The Silver Dollar of Mexico.
2. The Hongkong Dollar and Half-Dollar issued from Her Majesty's Mint at Hongkong.
3. The British Dollar.
4. Silver Coins issued from His Majesty's Mint, representing-
(i) One-half of the said Dollar, commonly called Fifty-Cent Pieco;
(ii) One-fifth part of the suid Dollar, commonly called Twenty-Cent Pieve;
(iii) One-tenth part of the suid Dollar, commonly culled Ten-Cent Piece: (iv) One-twentieth part of the said Dollar, commonly called Five-Cont Piece; and
5. Copper or Bronze Coins, also issued from His Majesty's Miul representing—
(i) One-hundredth part of said Dollar, and commonly called One Cent; and
(ii) One-thonsandth part of said Dollar, and cominonly called Mil or Cash,
The Army rate of exchange for issue of Silver Dollars in His Majesty's Troops is now fixed quarterly by the
Imperial Treasury.
Such rate for first quarter of 1911 was 19, for second quarter 18, for third quarter 19, and for fourth quarter 1,9 per Dollar.
AMOUNT OF COIN IN CIRCULATION.
Approximate amount of Hongkong Dollars and Half-Dollars struck at the Hongkong Mint...........* 1,421,487.00
Approximate amount of Hongkong Silver and Copper Subsidiary Coins (50, 20, 10 and 5- $ 13,999.830.00
Coot picces; and 1-Ceut mil Mil pioces) put into circulation,...............
Amount withdrawn from eirenlation and sold as bullion,
Balance (approximate) in circulation,
5,627,459,04
38,472,370.96