1937 — Page 335

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CURRENCY, BANKING, WEIGHTS, AND MEASURES

Legal Tender Currency

Coins

Denomination Metal Legal Tender Limit Legislative Authority Estimated Circulation
50 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
20 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
10 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
5 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
1 cent Copper or Mixed Metal Up to $1 Proclamation No. 1, 8 Jan 1937 No estimate
10 cents Cupro Nickel Up to $2 Proclamation No. 1, 8 Jan 1937 Issued since 1923: $365,000; Previously no estimate
10 cents Pure Nickel Up to $2 Proclamation No. 10, 7 Oct 1937 $292,500
5 cents Pure Nickel Up to $2 Proclamation No. 10, 7 Oct 1937 $292,500

A dollar contains 100 cents.

Paper Money

Issuing Authority Legal Basis Estimated Circulation
Hongkong and Shanghai Banking Corporation (One Dollar Currency Notes) Ordinance No. 42 of 1935 ...
Treasurer (Government) (One Dollar Currency Notes) Ordinance No. 42 of 1935 ...
Chartered Bank of India, Australia and China Ordinance No. 42 of 1935 Legal tender to any amount
Mercantile Bank of India, Limited Ordinance No. 54 of 1935 Legal tender to any amount

Additional amounts noted in source: $1,550,000; 3,625,000; 230,037,967 (allocation unclear).

Average Rate of Exchange with London

No data provided in source.

Coins Current with Relative Value

Same as Legal Tender Coins table above.

Currency in which Accounts are Kept

Sector Currency
Government Dollars and cents
Public Dollars and cents

Weights and Measures

Chinese Weights

Chinese Unit English Equivalent Avoirdupois
1 Fan (candareen) 10 Fan = 1 Tsin 0.0133 oz
1 Tsin (mace) 10 Tsin = 1 Leung 0.185 oz
1 Leung (tael) 16 Leung = 1 Kan ...
1 Kan (catty) 100 Kan = 1 Tim ...
1 Tim (picul) ...

Chinese Length

Unit Equivalent
1 Ch'ek 14.2 English inches
1 Ch'ek = 10 Tsin
1 Tsin = 10 Fan

Imperial Weights and Measures

Standard British Imperial system.

Particulars of Banks Doing Business in the Colony

Name of Bank Establishments in Colony Authority Capital Paid Up Note Circulation in Colony Deposits in Colony
Hongkong and Shanghai Banking Corporation 2 Ordinance No. 2 of 1866 $20,000,000 $199,689,793 £3,000,000 / $25,172,604
Chartered Bank of India, Australia and China Charter of 29 Dec 1853 £1,050,000 / $1,175,570
Mercantile Bank of India, Limited
Banque Belge pour l'Etranger, S.A. Incorporated in England 1920 Belgian Frs. 30,000,000 / £2,594,160
The P. and O. Banking Corporation Limited
Banque de l'Indo-Chine Y.100,000,000 / $8,665,600
National City Bank of New York Act of Congress of U.S.A., 3 June 1864 U.S.$127,500,000
Yokohama Specie Bank Y.100,000,000 $8,665,600
Bank of Canton, Limited
Bank of Taiwan
Netherlands-India Commercial Bank Ordinance No. 9 of 1907 G.35,030,000
Netherlands Trading Society G.33,000,000 / G.35,030,000
Bank of China
Bank of East Asia, Limited $25,000,000 $5,598,600
The Chase Bank Incorporated in U.S.A. 1930 U.S.$5,000,000 / $10,000,000
The Overseas-Chinese Banking Corporation, Limited
Numerous native Hongs

Data for many banks is incomplete in the source.

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CURRENCY, BANKING, WEIGHTS, AND MEASURES

Legal Tender Currency

Coins

Denomination Metal Legal Tender Limit Legislative Authority Estimated Circulation
50 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
20 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
10 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
5 cents Silver Up to $2 Proclamation No. 1, 8 Jan 1937 ...
1 cent Copper or Mixed Metal Up to $1 Proclamation No. 1, 8 Jan 1937 No estimate
10 cents Cupro Nickel Up to $2 Proclamation No. 1, 8 Jan 1937 Issued since 1923: $365,000; Previously no estimate
10 cents Pure Nickel Up to $2 Proclamation No. 10, 7 Oct 1937 $292,500
5 cents Pure Nickel Up to $2 Proclamation No. 10, 7 Oct 1937 $292,500

A dollar contains 100 cents.

Paper Money

Issuing Authority Legal Basis Estimated Circulation
Hongkong and Shanghai Banking Corporation (One Dollar Currency Notes) Ordinance No. 42 of 1935 ...
Treasurer (Government) (One Dollar Currency Notes) Ordinance No. 42 of 1935 ...
Chartered Bank of India, Australia and China Ordinance No. 42 of 1935 Legal tender to any amount
Mercantile Bank of India, Limited Ordinance No. 54 of 1935 Legal tender to any amount

Additional amounts noted in source: $1,550,000; 3,625,000; 230,037,967 (allocation unclear).

Average Rate of Exchange with London

No data provided in source.

Coins Current with Relative Value

Same as Legal Tender Coins table above.

Currency in which Accounts are Kept

Sector Currency
Government Dollars and cents
Public Dollars and cents

Weights and Measures

Chinese Weights

Chinese Unit English Equivalent Avoirdupois
1 Fan (candareen) 10 Fan = 1 Tsin 0.0133 oz
1 Tsin (mace) 10 Tsin = 1 Leung 0.185 oz
1 Leung (tael) 16 Leung = 1 Kan ...
1 Kan (catty) 100 Kan = 1 Tim ...
1 Tim (picul) ...

Chinese Length

Unit Equivalent
1 Ch'ek 14.2 English inches
1 Ch'ek = 10 Tsin
1 Tsin = 10 Fan

Imperial Weights and Measures

Standard British Imperial system.

Particulars of Banks Doing Business in the Colony

Name of Bank Establishments in Colony Authority Capital Paid Up Note Circulation in Colony Deposits in Colony
Hongkong and Shanghai Banking Corporation 2 Ordinance No. 2 of 1866 $20,000,000 $199,689,793 £3,000,000 / $25,172,604
Chartered Bank of India, Australia and China Charter of 29 Dec 1853 £1,050,000 / $1,175,570
Mercantile Bank of India, Limited
Banque Belge pour l'Etranger, S.A. Incorporated in England 1920 Belgian Frs. 30,000,000 / £2,594,160
The P. and O. Banking Corporation Limited
Banque de l'Indo-Chine Y.100,000,000 / $8,665,600
National City Bank of New York Act of Congress of U.S.A., 3 June 1864 U.S.$127,500,000
Yokohama Specie Bank Y.100,000,000 $8,665,600
Bank of Canton, Limited
Bank of Taiwan
Netherlands-India Commercial Bank Ordinance No. 9 of 1907 G.35,030,000
Netherlands Trading Society G.33,000,000 / G.35,030,000
Bank of China
Bank of East Asia, Limited $25,000,000 $5,598,600
The Chase Bank Incorporated in U.S.A. 1930 U.S.$5,000,000 / $10,000,000
The Overseas-Chinese Banking Corporation, Limited
Numerous native Hongs

Data for many banks is incomplete in the source.

Baseline (Original)

(RI)

CURRENCY, BANKING, WEIGHTS, AND MEASURES.

Legal tender enrrency giving particulars and Legislative Authority.

E. timated Amount of Coin in Circulation.

Estimated Amount of paper money in Circulation.

Colonial Government.

Private Banks.

Avenge Rate of Exchange with London

I

List of coins current with relas

during the

tive value.

past year.

Demand.

5.

નં.

Subsidiary coin :

1

217

Silver.

50 cents.

20 10

+

Up to $2.

"

3

""

Copper or Mixed

Metul.

One cent.

Proclamation No. 1. by the Governor of Hong Kong dated 8th January, 1937.

No estimate.

Up to $1.

Do.

Issued since 1923 $365,000,

Previously

Cupro Nihet,

Up to $2.

Do.

10 cents.

no estimate.

$1,550,000

3,625,000

230,037,967

Notes issued

One Dollar

Currency by Hongkong notes issued and Shanghai by the Trea- Banking

Corporation,

surer.

Legal tender Chartered to any amount Bank of India, |under Ordin-|Australia and

anco No. 42jChina,

of 1935.

Mercantile Bank of India, Limited.

Legal tender

to any amount under Ordin- ance No. 54 of 1935.

ة

Pure Nichel.

10 cents.

5 cents,

A dollar contains

100

cents.

Up to $2. Proclamation No. 10 by the Officer Administering the Government of Hong Kong duted 7th October, 1937.

$292,500

Currency in which Accounts are kept.

By By the Govt. Public

Dollars Dollars' and and cents, cents.

Weights and Measures in com- mon use, and their equivalents in Imperial Weights and Measures,

British.

The Imperial Weights

And Measures.

Particulars of all Banks doing business in the Colony.

Name of Bank.

Hongkong and Shanghai Banking Corporation,

Chartered Bank of India, Australia. and China.

Mervantile Bank

Establishments

Number of

in the Colony.

Under what authority established.

Capital paid tip.

Norg Circulation

in the Colony.

Amount of Deposits

in the

Colony

2

Ordinance No. 2 of 1866.

20 million dollars.

|199,689,793) No

informa-

tion.

£3,000,000 25,172,604

Chorter of 29-12-53.

British Govt.

£1,050,000 $,175,570)

1 Fan

CHINESE.

Weights.

(can- dareen)

1 7'sin

(mace) 1 Leung (tel) 1 Кан

(carty)

1 Tim

(pient)

Avoirdupois.

0133 oz.

=0.185

=

=

"+

of India, Lul.

Banque Belge pour l'Etranger,

S.A.

17 The P. and 0.

Banking Corpo

128} »

1

ration Limitest.

Banque de

1

Indo-Chine.

National City

Bank of

New York,

Length.

1 Ch'ek equal to 142 English inches, divided into 10 7's'àn and ench 7's'ün into

10 Fun.

Yokohamın Specie Bank.

Bank of Canton, Limited,

Bank of Taiwan.

Belgian Frs.

$30,000,000.

{

Incorporated

£2,594,160'

in England

1920.

I

FTC 120LUGO ÇÃO

Act of Con- U.S.§127,50UO

gress of U.S.A. datel

3rd June,

Į

1861.

1

|Y.100,000,000,

$8,665,60

Netherlands-India )

1

Ordinance

Y.15,000,000 G.33,000,000,

Commercial

No. 9 of

Bank.

1907:

G.35,030,000

Netherlands

1

Trading Society.

Bank of China.

}

Bank of East

**

Asia, Lul.

Incorporatel

The Chase Bank,

1

in U.S.A.

1930.

1

The OversEUR- Chinese Banking

Corporation, La.

and numerous native Hanga doing some portion of bank -

ing lenkingerd.

Fowluau Branch Office.

$25,000 000 $5,598,600

U.S. $5,000,000)

$10,000,000

2026-07-16 13:33:03 · Baseline
View content

(RI)

CURRENCY, BANKING, WEIGHTS, AND MEASURES.

Legal tender enrrency giving particulars and Legislative Authority.

E. timated Amount of Coin in Circulation.

Estimated Amount of paper money in Circulation.

Colonial Government.

Private Banks.

Avenge Rate of Exchange with London

I

List of coins current with relas

during the

tive value.

past year.

Demand.

5.

નં.

Subsidiary coin :

1

217

Silver.

50 cents.

20 10

+

Up to $2.

"

3

""

Copper or Mixed

Metul.

One cent.

Proclamation No. 1. by the Governor of Hong Kong dated 8th January, 1937.

No estimate.

Up to $1.

Do.

Issued since 1923 $365,000,

Previously

Cupro Nihet,

Up to $2.

Do.

10 cents.

no estimate.

$1,550,000

3,625,000

230,037,967

Notes issued

One Dollar

Currency by Hongkong notes issued and Shanghai by the Trea- Banking

Corporation,

surer.

Legal tender Chartered to any amount Bank of India, |under Ordin-|Australia and

anco No. 42jChina,

of 1935.

Mercantile Bank of India, Limited.

Legal tender

to any amount under Ordin- ance No. 54 of 1935.

ة

Pure Nichel.

10 cents.

5 cents,

A dollar contains

100

cents.

Up to $2. Proclamation No. 10 by the Officer Administering the Government of Hong Kong duted 7th October, 1937.

$292,500

Currency in which Accounts are kept.

By By the Govt. Public

Dollars Dollars' and and cents, cents.

Weights and Measures in com- mon use, and their equivalents in Imperial Weights and Measures,

British.

The Imperial Weights

And Measures.

Particulars of all Banks doing business in the Colony.

Name of Bank.

Hongkong and Shanghai Banking Corporation,

Chartered Bank of India, Australia. and China.

Mervantile Bank

Establishments

Number of

in the Colony.

Under what authority established.

Capital paid tip.

Norg Circulation

in the Colony.

Amount of Deposits

in the

Colony

2

Ordinance No. 2 of 1866.

20 million dollars.

|199,689,793) No

informa-

tion.

£3,000,000 25,172,604

Chorter of 29-12-53.

British Govt.

£1,050,000 $,175,570)

1 Fan

CHINESE.

Weights.

(can- dareen)

1 7'sin

(mace) 1 Leung (tel) 1 Кан

(carty)

1 Tim

(pient)

Avoirdupois.

0133 oz.

=0.185

=

=

"+

of India, Lul.

Banque Belge pour l'Etranger,

S.A.

17 The P. and 0.

Banking Corpo

128} »

1

ration Limitest.

Banque de

1

Indo-Chine.

National City

Bank of

New York,

Length.

1 Ch'ek equal to 142 English inches, divided into 10 7's'àn and ench 7's'ün into

10 Fun.

Yokohamın Specie Bank.

Bank of Canton, Limited,

Bank of Taiwan.

Belgian Frs.

$30,000,000.

{

Incorporated

£2,594,160'

in England

1920.

I

FTC 120LUGO ÇÃO

Act of Con- U.S.§127,50UO

gress of U.S.A. datel

3rd June,

Į

1861.

1

|Y.100,000,000,

$8,665,60

Netherlands-India )

1

Ordinance

Y.15,000,000 G.33,000,000,

Commercial

No. 9 of

Bank.

1907:

G.35,030,000

Netherlands

1

Trading Society.

Bank of China.

}

Bank of East

**

Asia, Lul.

Incorporatel

The Chase Bank,

1

in U.S.A.

1930.

1

The OversEUR- Chinese Banking

Corporation, La.

and numerous native Hanga doing some portion of bank -

ing lenkingerd.

Fowluau Branch Office.

$25,000 000 $5,598,600

U.S. $5,000,000)

$10,000,000

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